April 26, 2024 • 35 mins
Hour 2 of A&G features...
- The joys of NextDoor...
- The plot to remove KJP from her WH perch...
- The economy, and the futility of government planning...
- A pair of Ai items!
Stupid Should Hurt: https://www.armstrongandgetty.com/
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
From the Abraham Lincoln Radio Studio at the George Washington
Broadcast Center, Jack Armstrong and Joe Getty Armstrong and Getty show.
Speaker 2 (00:16):
A breaking the story we'll get to later inside the
failed White House coup to oust Biden Press Secretary KJP.
Speaker 1 (00:25):
Coup. Is it a coup if somebody's just visibly audibly
terrible at their jobs and you say, you know they're
terrible at their job, we should get rid of them? Er?
Good point, all right, So more on that to come.
Also some of the best writing and thinking on not
just the campus protests, but all of it and how
it fits together, all of the weird theories and philosophies
(00:48):
and perversions being taught to kids in schools, and how
it all fits together. So stay tuned for that. But first,
on a later note, I love this. Jack mentioned the
other day on the show that he is now on
the next Door App, which I was on for years,
and as anybody who's been on a nose, it yields
some really interesting, helpful stuff. A lot of just noise
(01:13):
and then a lot of this, and this I believe
to be the perfect summation of what you get from
the next Door App. It's from our friend Nick in Stockton, California.
Funny you should mention the next door apple. I was
listening to your show, which I do daily. Thank you
very much, Nick. I received the attached alert from the
Ring Neighborhood app, which is Ring's version of next Door.
(01:34):
They're virtually interchangeable. I think the post speaks for itself here.
It is the topic is white cat. Of course it is,
and the entire message is as follows. Someone keeps cutting
my cat's hair. It is uneven, it looks awful. Please stop.
Oh my god, that is the quintessential next door post. Yeah,
(01:58):
a cat related Would somebody stop doing this place? It
is hilarious.
Speaker 2 (02:03):
Okay, so at least you've got an address for one
of the crazy people in your neighborhood.
Speaker 1 (02:10):
Well, yeah, I don't think not wanting people to unleash
amateur haircuts on your cat makes you crazy.
Speaker 2 (02:16):
Well here's my assumption. I don't think that's happening. I
think anybody's cutting the cats hair.
Speaker 1 (02:23):
Oh that's funny. I haven't even looked at it like that.
Speaker 2 (02:26):
I think you're a nut who looks at your cat
and thinks your hair looks different.
Speaker 1 (02:29):
Somebody's cutting your hair who is it? Wow? An interesting angle.
You could be right, all right, come to the serious
fare of the hour. This is ABC News.
Speaker 3 (02:38):
Last night, across the country, more than four hundred people
detained on dozens of campuses as pro Palestinian protesters call
for schools to divest from companies that profit from ties
to Israel. After nearly one hundred protesters were arrested in
causes with police at USC, the university canceling their main
graduation ceremony.
Speaker 1 (02:58):
Okay, so it's about vestiture from Israel. The whole Palestinian
saying okay, all right, great, let's not get caught up
in the protesting quite yet. Came across this headline cross
dresser makes children chant free Palestine during reading session at
Massachusetts Arts Center, even though Hamas tortures gaze.
Speaker 2 (03:19):
Yeah, it's drag queen story our thing. Go ahead, drag
Queen for Palestine. I was watching that video. We tweeted
it out the other day, saying, who are the parents
with their little kids sitting there, you knows criss cross
apple sauce in the front row to watch this drag queen?
Get them to repeat free Palestine? What does little children?
Speaker 1 (03:40):
The hell? And I'd like to get into the fact
that Iran has just announced a new crackdown on women
and girls who will be beaten down for showing their
hair in public as the college girls support Iran's various
brutal Islamist proxies. It's unbelievable, but we don't have time
for that.
Speaker 2 (03:56):
How about a dude addresses as a woman, you wouldn't
live a day in a year?
Speaker 1 (04:00):
Maybe, yeah, torture to death. I came across this tweet
from Austin Alred, who's an interesting guy. I was unfamiliar
with him. I think, well, I'll go ahead and follow
him on the Twitter machine. But he says it's time
to repost one of my favorite tweets ever, and I thought, okay,
and it's from this guy named Zach. But here's what
he writes. One huge drawback of nuclear power is that
(04:22):
it doesn't dismantle systems of oppression. It only produces clain energy.
I know you got to pause there and wait, what
this makes it unsuitable for solving the climate crisis, which
isn't just about the environment. That action must be powerful
and wide ranging. After all, the climate crisis is not
just about the environment. It is a crisis of human rights,
of justice, and of political will. Colonial racist, and patriarchal
(04:46):
systems of oppression have created it and fueled it. We
need to dismantle them all. Our political leaders can no
longer shirk their responsibilities. Okay, wait a minute, The climate
crisis is colonial, racist, patriarchal systems that need to be
torn down. What wait, wait, Well, here's an explanation that
I thought was absolutely great from Rick Zickgraf, who, again
(05:09):
I don't know of his work, but he's obviously a
very bright guy. And this is this is so good.
Wasn't long ago when the activist left had a whole
laundry list of systems and impersonal forces that it was
battling against. Just like that last post, we read sexism, homophobia,
white supremacy, ableism, you name it. The millennial left may
have nodded long to Bernie Sanders old left leaning, still
(05:30):
they largely abandoned the class struggle of old for a
struggle against boutique oppressions that were contingent but intersecting. Hence
the rise of so called intersectionality. That's the once trendy
academic philosophy that relies on a view of power relations
of society. This is what we're always talking about, where
advantages and disadvantages are filtered primarily through identities. Everything is
(05:52):
about race and or gender or sexual orientation all the time.
And I'm departing from his text here, but you're not
judged as an individual based on your action, your worth,
your value to society, your morals. Whatever all you are
is your skin color. And this is the left returning
to his writing. But intersectionality's old hat. It's not revolutionary
enough anymore now that it's been mainstreamed and gotten absorbed
(06:14):
and institutionalized by the blob of liberal media and corporate institutions, including,
believe it or not, the Scottish government. And he goes
into some details on that. So, in the wake of
the shock of the massive Israel Hamas war since October seventh,
and a lack of purpose after the political failures of
left wing populism, the Western left has found a way
to get its groove back by simplifying it expanding its
(06:36):
moral framework. Goodbye intersectionality. Hello, it's all one thingism. And
once once you get this, you understand what's happening now.
It's unspeakably stupid. I mean, it's so anti intellectual. It
makes an ape banging a rock on a tree looks sophisticated.
(07:01):
But they're teaching this to kids in college. He spells
it out here. In this nebulous new cosmology, Palestinians, even
Hamas themselves, aren't just engaged in a specific geopolitical fight
over territory and resources. No, I mean, because why would
college kids be so stirred up over this in not
one hundred other conflicts? Right, No, they're the tip of
(07:24):
the sphere of a perceived collective liberation against the West,
the global North, colonizers, whatever you want to call the
bad guys. It's a magical world in which all politics
and world affairs, once seen through intersectionalities colorful prism, have
been flattened into, somewhat ironically, for atheists, a more biblical
view of the world black and white, good and evil.
(07:47):
Scarlet Ray, based singer songwriter who describes herself as an
anti racist mother and an abolition feminist womanist, said in
a viral tweet a couple of months ago, Palestine is
every single issue in one issue. It's reproductive justice. Huh wow,
it's social justice, it's climate crisis. It's not just one issue.
(08:08):
It's all the issues in one, all one thingism explains
why a group of a few hundred mask protesters who
chanted death to America and hands off Iran this week
also employed the relatively meaningless slogan from Chicago to Palestine.
You remember that, and people are like, from Chicago to Palestine?
Speaker 4 (08:27):
What?
Speaker 1 (08:28):
Or Another viral post on Instagram by a person wearing
a Fatties for Free Palestine t shirt insisted that Palestinian
solidarity is not a niche issue. Fat liberation and Palestinian
liberation go hand in hand. Wow.
Speaker 2 (08:43):
I mean we have seen and talked about the trans rights.
Are Palestinian rights thing or Palestine right? Transrights?
Speaker 1 (08:52):
Like just like roll my eye, Like what, well, it's
so obviously wrong and stupid and like it's so like radioactivity,
radioactively idiotic. You can't imagine what they're talking about until
you see this this framework. A couple more examples. During
(09:16):
during the Trans Day of Visibility, remember that crap Easter Sunday,
a Palestinian flag flew above the TRANS flag during some marches,
with one sign explaining that quote liberations are linked. Some
are even talking about talking up bricks as allies. That's
your that's your China, Russia, Iran, Brazil, uh whatever, the
(09:40):
axis of a holes maybe putin and she aren't so
bad after all, because they're trying to bring down the
Western world too. And yes, even looking back fondly at
the Khmer Rouge, look it up if you're not familiar.
Speaker 2 (09:51):
Wow, So they that this crowd and this makes more
sense than not. So this crowd, well it does doesn't
make any sense at all overall, right, but it makes sense.
Why you keep seeing these signs about fat acceptances, Palestinian
acceptance or trans writes are hummas rice or whatever the hell?
Speaker 1 (10:14):
So these nut.
Speaker 2 (10:15):
Jobs think if you could replace Western civilization, USA, Europe,
Israel led culture, all of these other things would be fixed.
Fat people would be more accepted, climate change would to
get taken care of, All different kinds of gender stuff
would be cool. How in the world did you come
(10:36):
to that conclusion?
Speaker 1 (10:38):
Because your teachers, starting in first grade through grad school
have told you the problem is Western civilization itself, the sexism,
the racism, the patriarchy, blah blah blah, the only way
you get fat acceptance and a Palestinian state and trans
people can waive their genitals in the elect races and
(10:59):
electric car is to tear down the Western world. Why
you're not, which is why I'm always calling it neo Marxism.
That's precisely what it is. It's just instead of workers
of the world unite, it's trans people, fat people, Palestinians,
people who want more rainforests, people want more electric cars.
I mean again, as a worldview, it's so stupid. I
(11:23):
lack the vocabulary to describe stupidity. But if you adoctrinate
people from a young age to believe that's true, it's
much more quasi cultish than it is anything close to
political science, even radical political science. One more little bit,
I think we have them in it. It's narcissistic identity
politics on steroids. We're one. Specific conditions in geography melt
(11:46):
away completely. It's no longer enough to have solidarity with
the people of Palestinians in their time of plight. You
must be them. Are you fat? Trans and live and say,
Evanston Illinois, you are somehow in a shared position with
starved and bombed out citizens of Gaza. Palestine is a
flat circle. You can almost hear, true, Detective, that's an
obscure reference. And then he talks about the Atlanta stop
(12:08):
the cop city thing. That's another example of this. You
have people who are like pro Palestine, trans green whatever,
trying to stop a police training center for goodness sakes,
because it's all one issue. Now, do you understand what's
going on?
Speaker 2 (12:27):
It just makes it just it's so wrong that I
can't believe that it's going on.
Speaker 1 (12:35):
I know, I know it. I thought i'd seen it all. Wow,
I'm gonna have So if you could say something like
I don't think green technology is ready to handle enough
of the load that we should be investing trillions and
dollars of it, and somebody could scream you're a trans phobe,
and you'd be thinking, are you psychotic? It's all one thing.
(13:00):
It's all Western civilization. They're trying to tear down Western civilization.
I suggest, humbly you don't let them.
Speaker 2 (13:09):
The poor lady who thinks neighbors are giving her cat
haircuts has got a better grasp in reality than you do.
Speaker 1 (13:19):
True.
Speaker 2 (13:21):
Something interesting emerged at the NFL Draft last night, which
I don't watch, that it's kind of a non sports
sports thing, among other things.
Speaker 1 (13:28):
On the way, stay with.
Speaker 5 (13:29):
Us, heyety, With the first pick in the twenty twenty
four NFL Draft, the Chicago Bear select Caleb Williams, quarterback
tell the California.
Speaker 2 (13:47):
So there you go. If you're into the NFL, maybe
you watch the draft. Maybe you didn't. I didn't, but
came across this article yesterday and then I saw a
little of a highlight of this phenomenon about the draft.
And this has just become a thing with athletes. I
think it started in golf. Joe would know better than me.
I think it started in the world of golf. It
has spread to everywhere now, you know, just in the
(14:09):
way that you see Patrick Mahomes hot wife, she's got
her own thing. So many of these players and their
hot girlfriends were there dressed a certain way, posing with
their boyfriends in a way that even a couple of
years ago would have never happened because they probably already
have agents and already have you know, all their social
(14:31):
media stuff in place to become a thing that is
such a huge part of the sports world.
Speaker 1 (14:36):
Now your hot wife or girlfriend, and it wasn't a
few years ago, and now it is, Oh yeah, like
your super hot Instagram couple is yeah, a great thing
to be. But they become their own thing.
Speaker 2 (14:50):
I mean with you know, a million and a half
followers and the partner the partner, yeah yeah, which never
used to happen. I mean, you know, to really go
back in time for your enough. Nobody had any idea
what Terry Bradshaw's wife looked like in nineteen seventy seven,
but now you would if she were attractive.
Speaker 1 (15:11):
Yeah, interesting, that's fine.
Speaker 2 (15:15):
It's just like the attractive girl basketball player that wasn't
Caitlin Clark because she's good looking. She announced she was
going pro and she had her Vogue cover thing already
launched at the same time, with all the pictures and
everything like that. There's so much money in that. LSU
(15:35):
women's gymnastics won the national title the other day, but
all the attention went to that one really attractive girl
who was not a major part of them winning the
national title, but she's like the biggest money maker in
all of college sports because she's cute. Just millions and
millions of followers. It's just a different world of making
money off of being hot. Yeah, we need a publicist.
Do we need people to cash in for ourselves on this?
Speaker 1 (15:58):
So obviously the avenue isn't the one I'm talking about
surely there's something out there.
Speaker 2 (16:04):
So The New York Post has an exclusive story out
today inside the failed White House coup to oust Karine
Jean Pierre KJP, the White House Press secretary. They quote
a number of people saying that they were trying to
push her out because she's not good at her job.
All she does is read from the binder. She can't
think on her feet, she hasn't spent enough time learning
(16:25):
the issues, and the White House is apparently very frustrated
with her. And they quote White House Communications Chief Anita Dunn,
who's been a big time operative in democratic politics as
long as we've been doing talk radio.
Speaker 1 (16:40):
She used to go on the talk shows all the time.
Speaker 2 (16:42):
Anyway, she's really unhappy with kjp's performance and realized that
it was hurting her guy Biden. So she got a
whole bunch of big time Democrats to try to convince
her that, hey, you've served the usual amount of time,
here's a book you could put out, here's your career path,
this is what and she just didn't take the bait,
and they feel like they can't push out the first black,
(17:04):
openly gay press secretary. They're just trying to convince it'd
be good idea to go, and she ain't going.
Speaker 1 (17:10):
In spite of the fact that she's the worst I've
ever seen by fifty. She's horrible.
Speaker 2 (17:14):
She's horrible, But I guess if you're a trunk fan,
it's good news. KJP is sticking.
Speaker 1 (17:19):
Around Armstrong and Getty.
Speaker 6 (17:24):
White knuckle moments for passengers on board and lift Tons
of flight attempting to land at Lax video showing the
Boeing seven forty seven bouncing down the runway before the
pilot pulls up going around another time. Three hundred and
twenty six passengers on board.
Speaker 1 (17:38):
Nobody was hurt.
Speaker 6 (17:40):
The plane was able to land smoothly on the second try.
Speaker 1 (17:43):
Did you see this video? I did not. Oh man,
oh man.
Speaker 2 (17:49):
Not much bothers me on flights, especially when you get
down to the ground. I mean, but the way it bounced.
It came down and it hit, then just bounced way
up in there and then came bounced again. I certainly
would have been thinking what is happening here? And that
had to be quite the jolt when they hit, and
then the fact that they pulled back up.
Speaker 1 (18:07):
It's like, okay, so we're not landing. What the hell
we were on the ground once, which is where we
were aheaded. Why didn't we stay there right right? So
they made another pass.
Speaker 2 (18:21):
I don't know what announcements they made, but I would
have served been wondering, why.
Speaker 1 (18:24):
Are we back up in the air again? Are we? Hmm?
All right? So sorry, folks. One of the wing flaps
was stuck, so we're attempting to bang it back into
place by bouncing the plane up and down. I had
I got on as a captain boeing, Am I right? Uh?
(18:48):
I don't.
Speaker 2 (18:48):
I was trying to think of is there any other
area of interest of news where there are more diverging
opinions than economics? I don't think there is. And she
got the inflation numbers that came out today, And I'm
scouring all these different people who have various insights in
(19:13):
levels of expertise or wealth or degrees or whatever to
talk about this, and it's all over the place as usual,
although it's mostly negative. I mean it's like ninety five
percent negative. Trying to come up with anything that's not
I always remember this one guy knew he was in
graduate school. He's getting economics, a graduate economics degree, And
I said, what can you.
Speaker 1 (19:32):
But I was talking to him.
Speaker 2 (19:33):
I said, what can you tell me about economics? You're
getting a graduate degree. He said, it's all theory. So
that's why he's been My takeaway, it's all theory.
Speaker 1 (19:43):
Oh I just I had effectively a minor in economics
at the University of Illinois, and it was miserable. It
was miserable having to memorize these long equations that the
professor would say, and this is probably wrong anyway, but anyway, Yeah,
you got to memorize this, this endless bastard. I'd think
I'm gonna forget this the second theing exam is done,
(20:06):
and if I don't accidentally, I'm somehow gonna purge it
from my memory.
Speaker 2 (20:11):
Is the reason you can't come up with more solid
theories that are like agreed upon, because there are just
too many variables. That's what it's always seemed to me.
It's endless variables. It's like it's like world weather, right.
Speaker 1 (20:24):
And as the great economists of old would tell you,
whether freedmen or or you know, anybody to pick your favorite,
that human beings adjust to everything, and then adjust to
that adjustment, and then adjust to that one after that
in ways that you can't always in dissipate, isn't always rational.
So yeah, you get a new technology all of a sudden, Hey, nope, sorry,
(20:44):
all those old assumptions they're gone, which is why the
free market is such a miracle and why government planning
is such a miserable failure every time.
Speaker 2 (20:53):
So lots of the good looking at all the coverage
of it, and lots of words get thrown around like
shot up, tumbled, you know, spiked. They can't just say
rose a certain amount and let you determine what adjective
to throw in there. But the Core Price Index rose
point three to two percent in March and was up
two point eight percent from her year earlier. So the
(21:16):
sixth month annualized rate of core PC inflation held it
around three percent. The three month rate was four point
four percent, Oh wow, which is up from three point
seven percent in February. So it's more than twice the goal.
So that's where you get to this analysis. So I
got a Fox analysis and then an NMS and an
(21:37):
MSNBC analysis, so that seems like spreading it around. MSNBC
went with CNBC rather, that's the business version of NBC.
This was the worst of both Worlds report the last
two days, slower than expected growth, higher than expected inflation.
(22:00):
The chief whoever that they have at CNBC, we are
not far from all rate cuts being backed out of
investor expectations. It forces the Fed chair into a hawkish
stone for many weeks to come.
Speaker 1 (22:11):
So the whole.
Speaker 2 (22:11):
Interest rates coming down is just off the table, according him.
Here's the Fox interpretation of this. These GDP numbers were shocking.
We were expecting two point four percent growth. The actual
came in at one point six a huge loss. And
with rising inflation. Now that adds up to stagflation, something
we haven't seen since the nineteen seventies. A lot of
(22:32):
the analysis. As I was bouncing around the world of Twitter,
they threw in the word stagflation, which is what I
was a child when this happened last time.
Speaker 1 (22:41):
It's a very odd encounterintuitive situation where the economy is
not growing or even shrinking, and yet prices arising. So
it's miserable on both ends for consumers. They're getting laid
off and everything's more expensive. In essence, dang it, dang
it is right. I don't want bad economic nurse new
(23:06):
New And there's a story in I believe the Wall
Street Journal today that a lot of Trump supporters are
working behind the scenes on a plan whereby if he
gets elected, the White House will have huge influence over
the Federal reserve and interest rates, which means that Trump,
who was obsessive about the economy doing well under his
(23:27):
watch to the point that he pumped trillions of dollars
that were unnecessarily into it, which helped fuel inflation, wasn't
all on Biden as much as some folks would like
to believe. And Biden's a miserable president, don't get me wrong,
I'm not covering for him. But the idea that Trump
would be able to keep interest rates artificially low to
(23:47):
keep the economy jacked up under his watch just scares
the hell out of me.
Speaker 2 (23:51):
Right, so is our lesson going to be? And this
might be like one of the last lessons we ever
get to learn. The government can't pump out trillions of
upon trillions of dollars over like a three year period
and not disrupt everything for the foreseeable future.
Speaker 1 (24:07):
Oh right, right, And getting back to my miserable education
in economics in econ won oh one, By like the
end of the first half of the semester. I would
have said, that's inflationary, because that is Econ won a one,
and yet we did it as a country, and guess
what it was inflationary. God.
Speaker 2 (24:27):
I was listening to a report the other day about
so many cities that are in the red, and it's
because they had all these various projects that they were
going to work on. So we had the infrastructure nineteen
quadrillion dollars go out the door, and so we got
all these big building bridges and add in lanes. I
(24:49):
like your one from the other day. So we'll add
one lane over here, We'll take this lane over. We
moved the highway over ten.
Speaker 1 (24:54):
Feet right exactly.
Speaker 2 (24:55):
That's what some of these gots money. But so inflation
is occurring. So all these projects have gotten so much
more expensive because the cement got more expensive. I mean
just everything you need to do the project got so
more expensive. To complete the project, you need so much
more money. And now everybody's going into the red. So
(25:16):
deep on that.
Speaker 1 (25:17):
All across the country obviously, I mean it makes sense. Boy,
if we're getting the government we deserve, I want to
slap us good and hard upside the head. We deserve it.
You Yeah. Wow, speaking of the world of work, I
thought this was interesting, Speaking of the journal of Walls Street.
Did you know the last of the big banks left
(25:38):
Wall Street? None of them have an office on Wall
Street in New York and eas oh come just too expensive. Yeah,
there are better places to go, newer buildings, cooler buildings,
less expensive, that sort of thing.
Speaker 2 (25:51):
So the computer run stock market is there, but the
banks aren't there.
Speaker 1 (25:56):
Yeah, I mean the actual stock floor is there, but
computers could be anywhere. It's now a symbol. Wall Street
doesn't exactly exist anyway, back to care about Main Street. Wow,
that was clever. Do you make that one up yourself? Yep.
So there's a big gap between how workers in vision
their timing of the retirement and the reality for retirees.
(26:19):
There's a big, giant new survey out according to the
Employee Benefit Research Institute, it has a thirty four year
survey of workers and retirees that's thorough. Some twenty eight
percent of workers said they expected to retire at age
sixty five. That's up twenty from twenty three percent a
year ago. And that was the median answer. Actually, I'm
(26:39):
going to retire at sixty five. But the median actual
age of retirement has been sixty two for several years.
The survey found people are also much more optimistic come
out how much they're going to work, like part time
or whatever in retirement. Some seventy five percents expect to
work for pay in some capacity in retirement. Only thirty
percent of shore retirees have done so, according to the survey.
(27:03):
And the answer is and this is this is really
kind of cute. Depending on how old you are, The
gap between expectations and realities, according to one of the
lead researchers, demonstrates the ways in which people aren't great
in imagining the years ahead. For example, a bias towards
optimism leads many to downplay the risk of medical problems
(27:24):
and assume quote, work will be there for us, while
they that may not be the camp case due to
rampant agism. Yeah. I was talking to a guy about
that the other day.
Speaker 2 (27:33):
He retired last year and he's really at sea, and
he thought he was going to do some stuff and
it just never panned out, and so he's doing nothing
and he's just going nuts.
Speaker 1 (27:45):
Wow. Then they add in health problems, layoffs, the need
to care for family members. And people seem to fixate
on sixty five as the realistic retirement age simply because
that's when people become eligible for Medicare. Right, it's not
an accident that that number became the number. On the
other hand, encouragingly, despite worries about inflation changes to retirement programs,
(28:08):
including Social Security, don't worry about that. If you're anywhere
near to retirement, near retirement, you're not going to be
affected by any changes to the social programs. You're not
quit letting politicians convince you are anyway. Nearly seventy percent
say their lifestyle is the same or even better than
what they envisioned in retirement. Non't, so that's goodness. Wonder
(28:29):
what lifestyle means as a term when you're that old?
How old? Sixty three? Yeah, or sixty five, sixty five whatever? Yeah?
What does lifestyle mean? What you're doing with your time?
It's the style of your life, if you will, Yeah,
it's yeah, what you do? What's your day? How do
(28:50):
you like your life and the style of it. I'm
not sure I al's to explain it. I don't know.
Speaker 2 (28:57):
I've never contemplated a lifestyle when I'm old. I don't know,
never thought about it really. Oh my gosh, I have
all the time. Um er, probably because my kids are
out of the house. And then Katie mentioned this briefly
on yesterday's show. But US fertility rates fell to a
record low at the other end of the circle of life,
(29:17):
lowest rate since nineteen seventy nine. Fewer babies. I'm sorry,
that's not right.
Speaker 1 (29:23):
Fewer babies were born in the US than any year
since nineteen seventy nine, and the population is vastly larger
than it was then.
Speaker 2 (29:31):
That's the freakingomics missing number. We got way, way, way
way with more people. So yeah, per cabint, it's got
to be really low.
Speaker 1 (29:40):
So what's the replacement rate? Two point one or two
point two births per woman? Correct because of infant mortality,
people dying in childhood, that sort of thing. And obviously
two people make one baby if you haven't studied this,
when a man loves a woman very much anyway, so
replace using gender language. Difficult to discuss this without it.
(30:03):
When the birthing person and the sperm generating person get together, anyway,
so you need two babies to make up for the couple. Obviously,
replacement rate so it's two point two. The total fertility
rate in the US. Last year, which includes lots and
lots of illegal immigrant young folks who have more babies
than the native born and then citizens, the total fertility
(30:25):
rate fell to one point six two births per women
per woman. Wow. Wow is right. We're Italy great. So
the only way to have economic growth, which our pyramid
scheme social programs depend on, is to import young people.
That's why the border is open. People ain't having babies.
(30:48):
That's weird.
Speaker 2 (30:49):
Why did this species stop reproducing? Somebody should figure that out.
Speaker 1 (30:54):
From South Korea to Italy to the US to Germany
in the industrialized world, and don't tell me because it's rent.
Speaker 2 (31:00):
That's not the reason. So we got an interesting I'm
going to say this. Some of you're going to cringe
when I say AI, but we got really interesting AI occurrence.
I think you'll find oh wow wild. Even Joe says
it's entertaining and he rolls his eyes whenever I mentioned AI.
Speaker 7 (31:15):
So that's how the lease stay here. Arm trum triles
back on today.
Speaker 2 (31:25):
It'd be interesting to see if there's any headlines out
of that. Got some interesting AI things for you, including this.
Speaker 8 (31:32):
The audio clip is less than sixty seconds long enough
to completely upend a Baltimore area high school. In it,
a voice is heard making racist remarks about black students,
academic performance, and anti Semitic complaints about Jewish community members. Parents, teachers,
and students believed it was a racist rant by Pikesville
(31:53):
High School Principal Eric Eyswert, but officials revealed that voice
was generated by AI, and they've arrested the school's athletic director,
thirty one year old days On Darien, for allegedly creating it.
Speaker 4 (32:06):
Detectives alleged mister Darien made the recording to retaliate against
the principal, who had launched an investigation into the potential
mishandling of school funds.
Speaker 8 (32:17):
Police Adarian was arrested while trying to board a flight
to Houston. Initially taken into custody for a gun in
his bag when police discovered the outstanding warrant. He's now
charged with disrupting school operations, along with theft, retaliating against
the witness, and stalking. The clip was first circulated back
in January. At the time, the principal denied ever making
(32:39):
those remarks. Officials say the clip had quote profound repercussions,
leading to the principal's temporary removal from the school.
Speaker 2 (32:47):
Well, I'm sure did you heard the principal's voice saying
all kinds of racist stuff? Yeah, you got to investigate that.
But this is the first of one million times this
is going to happen. And as I've been saying now
for several years, it's also going to cover for the
people who did say these things.
Speaker 1 (33:05):
Right, No, that wasn't me, that was Ai. I'm sure
of it. Yeah. First of all, this athletic director guy
sounds like a real peach nice hire great Scott gun
Totin slandering, race baiting, lunatic well in a thief two.
As it turns out, Wow, you're right, Yeah, this is
this is the first of one to eight million that
(33:26):
you will hear in your lifespan. Unbelievable, including us. I'm
just waiting for somebody who hates us, some activist group,
to try to run us out of the business by
concocting something like this. Speaking of AI and how scary
it is commercial art, ninety five percent of jobs are
about to disappear. For instance, loyal listener Kelly took about
five seconds to craft this using an AI music creator.
(33:49):
It's a forties pop Kroner style song, praising Michaelangelo, our
technical director.
Speaker 7 (33:57):
He's the spy.
Speaker 1 (34:00):
In show I'm Strong and Daddy. They all do no
with meats and tunes. He sets the tone.
Speaker 9 (34:10):
The master Architect call him their cornerstone in the corner Stone.
Speaker 1 (34:22):
And it goes on. It's actually quite funny. Maybe we'll
play it all sometime on the podcast.
Speaker 9 (34:27):
But the Sunstone time, he's sup perfect, you'll take you fine?
Speaker 1 (34:36):
And who put this together? Uh? Kevin from a beautiful Plasterville,
California using the Suno dot com site slash app.
Speaker 2 (34:46):
I would like and I think he's using the free
version of it, and I would like to know how
much time it took him.
Speaker 1 (34:51):
Oh he said five seconds. Five seconds. Yeah, he typed
in the prompts and hit return right and it said
right to play. So you're a jingle writer, you're a
you're an ad copywriter, you're a studio musician. Get ready
(35:13):
to call up door Dash and get the app because
you're gonna need it. And I'm laughing out of just
like shock, amazement and fear, not laughing at anybody. It's unbelievable.
Speaker 2 (35:25):
No I have fear for my own children. I have
no idea what kind of work world they're going to
head out into.
Speaker 1 (35:30):
Armstrong and Getty
From the Abraham Lincoln Radio Studio at the George Washington
Broadcast Center, Jack Armstrong and Joe Getty Armstrong and Getty show.
Speaker 2 (00:16):
A breaking the story we'll get to later inside the
failed White House coup to oust Biden Press Secretary KJP.
Speaker 1 (00:25):
Coup. Is it a coup if somebody's just visibly audibly
terrible at their jobs and you say, you know they're
terrible at their job, we should get rid of them? Er?
Good point, all right, So more on that to come.
Also some of the best writing and thinking on not
just the campus protests, but all of it and how
it fits together, all of the weird theories and philosophies
(00:48):
and perversions being taught to kids in schools, and how
it all fits together. So stay tuned for that. But first,
on a later note, I love this. Jack mentioned the
other day on the show that he is now on
the next Door App, which I was on for years,
and as anybody who's been on a nose, it yields
some really interesting, helpful stuff. A lot of just noise
(01:13):
and then a lot of this, and this I believe
to be the perfect summation of what you get from
the next Door App. It's from our friend Nick in Stockton, California.
Funny you should mention the next door apple. I was
listening to your show, which I do daily. Thank you
very much, Nick. I received the attached alert from the
Ring Neighborhood app, which is Ring's version of next Door.
(01:34):
They're virtually interchangeable. I think the post speaks for itself here.
It is the topic is white cat. Of course it is,
and the entire message is as follows. Someone keeps cutting
my cat's hair. It is uneven, it looks awful. Please stop.
Oh my god, that is the quintessential next door post. Yeah,
(01:58):
a cat related Would somebody stop doing this place? It
is hilarious.
Speaker 2 (02:03):
Okay, so at least you've got an address for one
of the crazy people in your neighborhood.
Speaker 1 (02:10):
Well, yeah, I don't think not wanting people to unleash
amateur haircuts on your cat makes you crazy.
Speaker 2 (02:16):
Well here's my assumption. I don't think that's happening. I
think anybody's cutting the cats hair.
Speaker 1 (02:23):
Oh that's funny. I haven't even looked at it like that.
Speaker 2 (02:26):
I think you're a nut who looks at your cat
and thinks your hair looks different.
Speaker 1 (02:29):
Somebody's cutting your hair who is it? Wow? An interesting angle.
You could be right, all right, come to the serious
fare of the hour. This is ABC News.
Speaker 3 (02:38):
Last night, across the country, more than four hundred people
detained on dozens of campuses as pro Palestinian protesters call
for schools to divest from companies that profit from ties
to Israel. After nearly one hundred protesters were arrested in
causes with police at USC, the university canceling their main
graduation ceremony.
Speaker 1 (02:58):
Okay, so it's about vestiture from Israel. The whole Palestinian
saying okay, all right, great, let's not get caught up
in the protesting quite yet. Came across this headline cross
dresser makes children chant free Palestine during reading session at
Massachusetts Arts Center, even though Hamas tortures gaze.
Speaker 2 (03:19):
Yeah, it's drag queen story our thing. Go ahead, drag
Queen for Palestine. I was watching that video. We tweeted
it out the other day, saying, who are the parents
with their little kids sitting there, you knows criss cross
apple sauce in the front row to watch this drag queen?
Get them to repeat free Palestine? What does little children?
Speaker 1 (03:40):
The hell? And I'd like to get into the fact
that Iran has just announced a new crackdown on women
and girls who will be beaten down for showing their
hair in public as the college girls support Iran's various
brutal Islamist proxies. It's unbelievable, but we don't have time
for that.
Speaker 2 (03:56):
How about a dude addresses as a woman, you wouldn't
live a day in a year?
Speaker 1 (04:00):
Maybe, yeah, torture to death. I came across this tweet
from Austin Alred, who's an interesting guy. I was unfamiliar
with him. I think, well, I'll go ahead and follow
him on the Twitter machine. But he says it's time
to repost one of my favorite tweets ever, and I thought, okay,
and it's from this guy named Zach. But here's what
he writes. One huge drawback of nuclear power is that
(04:22):
it doesn't dismantle systems of oppression. It only produces clain energy.
I know you got to pause there and wait, what
this makes it unsuitable for solving the climate crisis, which
isn't just about the environment. That action must be powerful
and wide ranging. After all, the climate crisis is not
just about the environment. It is a crisis of human rights,
of justice, and of political will. Colonial racist, and patriarchal
(04:46):
systems of oppression have created it and fueled it. We
need to dismantle them all. Our political leaders can no
longer shirk their responsibilities. Okay, wait a minute, The climate
crisis is colonial, racist, patriarchal systems that need to be
torn down. What wait, wait, Well, here's an explanation that
I thought was absolutely great from Rick Zickgraf, who, again
(05:09):
I don't know of his work, but he's obviously a
very bright guy. And this is this is so good.
Wasn't long ago when the activist left had a whole
laundry list of systems and impersonal forces that it was
battling against. Just like that last post, we read sexism, homophobia,
white supremacy, ableism, you name it. The millennial left may
have nodded long to Bernie Sanders old left leaning, still
(05:30):
they largely abandoned the class struggle of old for a
struggle against boutique oppressions that were contingent but intersecting. Hence
the rise of so called intersectionality. That's the once trendy
academic philosophy that relies on a view of power relations
of society. This is what we're always talking about, where
advantages and disadvantages are filtered primarily through identities. Everything is
(05:52):
about race and or gender or sexual orientation all the time.
And I'm departing from his text here, but you're not
judged as an individual based on your action, your worth,
your value to society, your morals. Whatever all you are
is your skin color. And this is the left returning
to his writing. But intersectionality's old hat. It's not revolutionary
enough anymore now that it's been mainstreamed and gotten absorbed
(06:14):
and institutionalized by the blob of liberal media and corporate institutions, including,
believe it or not, the Scottish government. And he goes
into some details on that. So, in the wake of
the shock of the massive Israel Hamas war since October seventh,
and a lack of purpose after the political failures of
left wing populism, the Western left has found a way
to get its groove back by simplifying it expanding its
(06:36):
moral framework. Goodbye intersectionality. Hello, it's all one thingism. And
once once you get this, you understand what's happening now.
It's unspeakably stupid. I mean, it's so anti intellectual. It
makes an ape banging a rock on a tree looks sophisticated.
(07:01):
But they're teaching this to kids in college. He spells
it out here. In this nebulous new cosmology, Palestinians, even
Hamas themselves, aren't just engaged in a specific geopolitical fight
over territory and resources. No, I mean, because why would
college kids be so stirred up over this in not
one hundred other conflicts? Right, No, they're the tip of
(07:24):
the sphere of a perceived collective liberation against the West,
the global North, colonizers, whatever you want to call the
bad guys. It's a magical world in which all politics
and world affairs, once seen through intersectionalities colorful prism, have
been flattened into, somewhat ironically, for atheists, a more biblical
view of the world black and white, good and evil.
(07:47):
Scarlet Ray, based singer songwriter who describes herself as an
anti racist mother and an abolition feminist womanist, said in
a viral tweet a couple of months ago, Palestine is
every single issue in one issue. It's reproductive justice. Huh wow,
it's social justice, it's climate crisis. It's not just one issue.
(08:08):
It's all the issues in one, all one thingism explains
why a group of a few hundred mask protesters who
chanted death to America and hands off Iran this week
also employed the relatively meaningless slogan from Chicago to Palestine.
You remember that, and people are like, from Chicago to Palestine?
Speaker 4 (08:27):
What?
Speaker 1 (08:28):
Or Another viral post on Instagram by a person wearing
a Fatties for Free Palestine t shirt insisted that Palestinian
solidarity is not a niche issue. Fat liberation and Palestinian
liberation go hand in hand. Wow.
Speaker 2 (08:43):
I mean we have seen and talked about the trans rights.
Are Palestinian rights thing or Palestine right? Transrights?
Speaker 1 (08:52):
Like just like roll my eye, Like what, well, it's
so obviously wrong and stupid and like it's so like radioactivity,
radioactively idiotic. You can't imagine what they're talking about until
you see this this framework. A couple more examples. During
(09:16):
during the Trans Day of Visibility, remember that crap Easter Sunday,
a Palestinian flag flew above the TRANS flag during some marches,
with one sign explaining that quote liberations are linked. Some
are even talking about talking up bricks as allies. That's
your that's your China, Russia, Iran, Brazil, uh whatever, the
(09:40):
axis of a holes maybe putin and she aren't so
bad after all, because they're trying to bring down the
Western world too. And yes, even looking back fondly at
the Khmer Rouge, look it up if you're not familiar.
Speaker 2 (09:51):
Wow, So they that this crowd and this makes more
sense than not. So this crowd, well it does doesn't
make any sense at all overall, right, but it makes sense.
Why you keep seeing these signs about fat acceptances, Palestinian
acceptance or trans writes are hummas rice or whatever the hell?
Speaker 1 (10:14):
So these nut.
Speaker 2 (10:15):
Jobs think if you could replace Western civilization, USA, Europe,
Israel led culture, all of these other things would be fixed.
Fat people would be more accepted, climate change would to
get taken care of, All different kinds of gender stuff
would be cool. How in the world did you come
(10:36):
to that conclusion?
Speaker 1 (10:38):
Because your teachers, starting in first grade through grad school
have told you the problem is Western civilization itself, the sexism,
the racism, the patriarchy, blah blah blah, the only way
you get fat acceptance and a Palestinian state and trans
people can waive their genitals in the elect races and
(10:59):
electric car is to tear down the Western world. Why
you're not, which is why I'm always calling it neo Marxism.
That's precisely what it is. It's just instead of workers
of the world unite, it's trans people, fat people, Palestinians,
people who want more rainforests, people want more electric cars.
I mean again, as a worldview, it's so stupid. I
(11:23):
lack the vocabulary to describe stupidity. But if you adoctrinate
people from a young age to believe that's true, it's
much more quasi cultish than it is anything close to
political science, even radical political science. One more little bit,
I think we have them in it. It's narcissistic identity
politics on steroids. We're one. Specific conditions in geography melt
(11:46):
away completely. It's no longer enough to have solidarity with
the people of Palestinians in their time of plight. You
must be them. Are you fat? Trans and live and say,
Evanston Illinois, you are somehow in a shared position with
starved and bombed out citizens of Gaza. Palestine is a
flat circle. You can almost hear, true, Detective, that's an
obscure reference. And then he talks about the Atlanta stop
(12:08):
the cop city thing. That's another example of this. You
have people who are like pro Palestine, trans green whatever,
trying to stop a police training center for goodness sakes,
because it's all one issue. Now, do you understand what's
going on?
Speaker 2 (12:27):
It just makes it just it's so wrong that I
can't believe that it's going on.
Speaker 1 (12:35):
I know, I know it. I thought i'd seen it all. Wow,
I'm gonna have So if you could say something like
I don't think green technology is ready to handle enough
of the load that we should be investing trillions and
dollars of it, and somebody could scream you're a trans phobe,
and you'd be thinking, are you psychotic? It's all one thing.
(13:00):
It's all Western civilization. They're trying to tear down Western civilization.
I suggest, humbly you don't let them.
Speaker 2 (13:09):
The poor lady who thinks neighbors are giving her cat
haircuts has got a better grasp in reality than you do.
Speaker 1 (13:19):
True.
Speaker 2 (13:21):
Something interesting emerged at the NFL Draft last night, which
I don't watch, that it's kind of a non sports
sports thing, among other things.
Speaker 1 (13:28):
On the way, stay with.
Speaker 5 (13:29):
Us, heyety, With the first pick in the twenty twenty
four NFL Draft, the Chicago Bear select Caleb Williams, quarterback
tell the California.
Speaker 2 (13:47):
So there you go. If you're into the NFL, maybe
you watch the draft. Maybe you didn't. I didn't, but
came across this article yesterday and then I saw a
little of a highlight of this phenomenon about the draft.
And this has just become a thing with athletes. I
think it started in golf. Joe would know better than me.
I think it started in the world of golf. It
has spread to everywhere now, you know, just in the
(14:09):
way that you see Patrick Mahomes hot wife, she's got
her own thing. So many of these players and their
hot girlfriends were there dressed a certain way, posing with
their boyfriends in a way that even a couple of
years ago would have never happened because they probably already
have agents and already have you know, all their social
(14:31):
media stuff in place to become a thing that is
such a huge part of the sports world.
Speaker 1 (14:36):
Now your hot wife or girlfriend, and it wasn't a
few years ago, and now it is, Oh yeah, like
your super hot Instagram couple is yeah, a great thing
to be. But they become their own thing.
Speaker 2 (14:50):
I mean with you know, a million and a half
followers and the partner the partner, yeah yeah, which never
used to happen. I mean, you know, to really go
back in time for your enough. Nobody had any idea
what Terry Bradshaw's wife looked like in nineteen seventy seven,
but now you would if she were attractive.
Speaker 1 (15:11):
Yeah, interesting, that's fine.
Speaker 2 (15:15):
It's just like the attractive girl basketball player that wasn't
Caitlin Clark because she's good looking. She announced she was
going pro and she had her Vogue cover thing already
launched at the same time, with all the pictures and
everything like that. There's so much money in that. LSU
(15:35):
women's gymnastics won the national title the other day, but
all the attention went to that one really attractive girl
who was not a major part of them winning the
national title, but she's like the biggest money maker in
all of college sports because she's cute. Just millions and
millions of followers. It's just a different world of making
money off of being hot. Yeah, we need a publicist.
Do we need people to cash in for ourselves on this?
Speaker 1 (15:58):
So obviously the avenue isn't the one I'm talking about
surely there's something out there.
Speaker 2 (16:04):
So The New York Post has an exclusive story out
today inside the failed White House coup to oust Karine
Jean Pierre KJP, the White House Press secretary. They quote
a number of people saying that they were trying to
push her out because she's not good at her job.
All she does is read from the binder. She can't
think on her feet, she hasn't spent enough time learning
(16:25):
the issues, and the White House is apparently very frustrated
with her. And they quote White House Communications Chief Anita Dunn,
who's been a big time operative in democratic politics as
long as we've been doing talk radio.
Speaker 1 (16:40):
She used to go on the talk shows all the time.
Speaker 2 (16:42):
Anyway, she's really unhappy with kjp's performance and realized that
it was hurting her guy Biden. So she got a
whole bunch of big time Democrats to try to convince
her that, hey, you've served the usual amount of time,
here's a book you could put out, here's your career path,
this is what and she just didn't take the bait,
and they feel like they can't push out the first black,
(17:04):
openly gay press secretary. They're just trying to convince it'd
be good idea to go, and she ain't going.
Speaker 1 (17:10):
In spite of the fact that she's the worst I've
ever seen by fifty. She's horrible.
Speaker 2 (17:14):
She's horrible, But I guess if you're a trunk fan,
it's good news. KJP is sticking.
Speaker 1 (17:19):
Around Armstrong and Getty.
Speaker 6 (17:24):
White knuckle moments for passengers on board and lift Tons
of flight attempting to land at Lax video showing the
Boeing seven forty seven bouncing down the runway before the
pilot pulls up going around another time. Three hundred and
twenty six passengers on board.
Speaker 1 (17:38):
Nobody was hurt.
Speaker 6 (17:40):
The plane was able to land smoothly on the second try.
Speaker 1 (17:43):
Did you see this video? I did not. Oh man,
oh man.
Speaker 2 (17:49):
Not much bothers me on flights, especially when you get
down to the ground. I mean, but the way it bounced.
It came down and it hit, then just bounced way
up in there and then came bounced again. I certainly
would have been thinking what is happening here? And that
had to be quite the jolt when they hit, and
then the fact that they pulled back up.
Speaker 1 (18:07):
It's like, okay, so we're not landing. What the hell
we were on the ground once, which is where we
were aheaded. Why didn't we stay there right right? So
they made another pass.
Speaker 2 (18:21):
I don't know what announcements they made, but I would
have served been wondering, why.
Speaker 1 (18:24):
Are we back up in the air again? Are we? Hmm?
All right? So sorry, folks. One of the wing flaps
was stuck, so we're attempting to bang it back into
place by bouncing the plane up and down. I had
I got on as a captain boeing, Am I right? Uh?
(18:48):
I don't.
Speaker 2 (18:48):
I was trying to think of is there any other
area of interest of news where there are more diverging
opinions than economics? I don't think there is. And she
got the inflation numbers that came out today, And I'm
scouring all these different people who have various insights in
(19:13):
levels of expertise or wealth or degrees or whatever to
talk about this, and it's all over the place as usual,
although it's mostly negative. I mean it's like ninety five
percent negative. Trying to come up with anything that's not
I always remember this one guy knew he was in
graduate school. He's getting economics, a graduate economics degree, And
I said, what can you.
Speaker 1 (19:32):
But I was talking to him.
Speaker 2 (19:33):
I said, what can you tell me about economics? You're
getting a graduate degree. He said, it's all theory. So
that's why he's been My takeaway, it's all theory.
Speaker 1 (19:43):
Oh I just I had effectively a minor in economics
at the University of Illinois, and it was miserable. It
was miserable having to memorize these long equations that the
professor would say, and this is probably wrong anyway, but anyway, Yeah,
you got to memorize this, this endless bastard. I'd think
I'm gonna forget this the second theing exam is done,
(20:06):
and if I don't accidentally, I'm somehow gonna purge it
from my memory.
Speaker 2 (20:11):
Is the reason you can't come up with more solid
theories that are like agreed upon, because there are just
too many variables. That's what it's always seemed to me.
It's endless variables. It's like it's like world weather, right.
Speaker 1 (20:24):
And as the great economists of old would tell you,
whether freedmen or or you know, anybody to pick your favorite,
that human beings adjust to everything, and then adjust to
that adjustment, and then adjust to that one after that
in ways that you can't always in dissipate, isn't always rational.
So yeah, you get a new technology all of a sudden, Hey, nope, sorry,
(20:44):
all those old assumptions they're gone, which is why the
free market is such a miracle and why government planning
is such a miserable failure every time.
Speaker 2 (20:53):
So lots of the good looking at all the coverage
of it, and lots of words get thrown around like
shot up, tumbled, you know, spiked. They can't just say
rose a certain amount and let you determine what adjective
to throw in there. But the Core Price Index rose
point three to two percent in March and was up
two point eight percent from her year earlier. So the
(21:16):
sixth month annualized rate of core PC inflation held it
around three percent. The three month rate was four point
four percent, Oh wow, which is up from three point
seven percent in February. So it's more than twice the goal.
So that's where you get to this analysis. So I
got a Fox analysis and then an NMS and an
(21:37):
MSNBC analysis, so that seems like spreading it around. MSNBC
went with CNBC rather, that's the business version of NBC.
This was the worst of both Worlds report the last
two days, slower than expected growth, higher than expected inflation.
(22:00):
The chief whoever that they have at CNBC, we are
not far from all rate cuts being backed out of
investor expectations. It forces the Fed chair into a hawkish
stone for many weeks to come.
Speaker 1 (22:11):
So the whole.
Speaker 2 (22:11):
Interest rates coming down is just off the table, according him.
Here's the Fox interpretation of this. These GDP numbers were shocking.
We were expecting two point four percent growth. The actual
came in at one point six a huge loss. And
with rising inflation. Now that adds up to stagflation, something
we haven't seen since the nineteen seventies. A lot of
(22:32):
the analysis. As I was bouncing around the world of Twitter,
they threw in the word stagflation, which is what I
was a child when this happened last time.
Speaker 1 (22:41):
It's a very odd encounterintuitive situation where the economy is
not growing or even shrinking, and yet prices arising. So
it's miserable on both ends for consumers. They're getting laid
off and everything's more expensive. In essence, dang it, dang
it is right. I don't want bad economic nurse new
(23:06):
New And there's a story in I believe the Wall
Street Journal today that a lot of Trump supporters are
working behind the scenes on a plan whereby if he
gets elected, the White House will have huge influence over
the Federal reserve and interest rates, which means that Trump,
who was obsessive about the economy doing well under his
(23:27):
watch to the point that he pumped trillions of dollars
that were unnecessarily into it, which helped fuel inflation, wasn't
all on Biden as much as some folks would like
to believe. And Biden's a miserable president, don't get me wrong,
I'm not covering for him. But the idea that Trump
would be able to keep interest rates artificially low to
(23:47):
keep the economy jacked up under his watch just scares
the hell out of me.
Speaker 2 (23:51):
Right, so is our lesson going to be? And this
might be like one of the last lessons we ever
get to learn. The government can't pump out trillions of
upon trillions of dollars over like a three year period
and not disrupt everything for the foreseeable future.
Speaker 1 (24:07):
Oh right, right, And getting back to my miserable education
in economics in econ won oh one, By like the
end of the first half of the semester. I would
have said, that's inflationary, because that is Econ won a one,
and yet we did it as a country, and guess
what it was inflationary. God.
Speaker 2 (24:27):
I was listening to a report the other day about
so many cities that are in the red, and it's
because they had all these various projects that they were
going to work on. So we had the infrastructure nineteen
quadrillion dollars go out the door, and so we got
all these big building bridges and add in lanes. I
(24:49):
like your one from the other day. So we'll add
one lane over here, We'll take this lane over. We
moved the highway over ten.
Speaker 1 (24:54):
Feet right exactly.
Speaker 2 (24:55):
That's what some of these gots money. But so inflation
is occurring. So all these projects have gotten so much
more expensive because the cement got more expensive. I mean
just everything you need to do the project got so
more expensive. To complete the project, you need so much
more money. And now everybody's going into the red. So
(25:16):
deep on that.
Speaker 1 (25:17):
All across the country obviously, I mean it makes sense. Boy,
if we're getting the government we deserve, I want to
slap us good and hard upside the head. We deserve it.
You Yeah. Wow, speaking of the world of work, I
thought this was interesting, Speaking of the journal of Walls Street.
Did you know the last of the big banks left
(25:38):
Wall Street? None of them have an office on Wall
Street in New York and eas oh come just too expensive. Yeah,
there are better places to go, newer buildings, cooler buildings,
less expensive, that sort of thing.
Speaker 2 (25:51):
So the computer run stock market is there, but the
banks aren't there.
Speaker 1 (25:56):
Yeah, I mean the actual stock floor is there, but
computers could be anywhere. It's now a symbol. Wall Street
doesn't exactly exist anyway, back to care about Main Street. Wow,
that was clever. Do you make that one up yourself? Yep.
So there's a big gap between how workers in vision
their timing of the retirement and the reality for retirees.
(26:19):
There's a big, giant new survey out according to the
Employee Benefit Research Institute, it has a thirty four year
survey of workers and retirees that's thorough. Some twenty eight
percent of workers said they expected to retire at age
sixty five. That's up twenty from twenty three percent a
year ago. And that was the median answer. Actually, I'm
(26:39):
going to retire at sixty five. But the median actual
age of retirement has been sixty two for several years.
The survey found people are also much more optimistic come
out how much they're going to work, like part time
or whatever in retirement. Some seventy five percents expect to
work for pay in some capacity in retirement. Only thirty
percent of shore retirees have done so, according to the survey.
(27:03):
And the answer is and this is this is really
kind of cute. Depending on how old you are, The
gap between expectations and realities, according to one of the
lead researchers, demonstrates the ways in which people aren't great
in imagining the years ahead. For example, a bias towards
optimism leads many to downplay the risk of medical problems
(27:24):
and assume quote, work will be there for us, while
they that may not be the camp case due to
rampant agism. Yeah. I was talking to a guy about
that the other day.
Speaker 2 (27:33):
He retired last year and he's really at sea, and
he thought he was going to do some stuff and
it just never panned out, and so he's doing nothing
and he's just going nuts.
Speaker 1 (27:45):
Wow. Then they add in health problems, layoffs, the need
to care for family members. And people seem to fixate
on sixty five as the realistic retirement age simply because
that's when people become eligible for Medicare. Right, it's not
an accident that that number became the number. On the
other hand, encouragingly, despite worries about inflation changes to retirement programs,
(28:08):
including Social Security, don't worry about that. If you're anywhere
near to retirement, near retirement, you're not going to be
affected by any changes to the social programs. You're not
quit letting politicians convince you are anyway. Nearly seventy percent
say their lifestyle is the same or even better than
what they envisioned in retirement. Non't, so that's goodness. Wonder
(28:29):
what lifestyle means as a term when you're that old?
How old? Sixty three? Yeah, or sixty five, sixty five whatever? Yeah?
What does lifestyle mean? What you're doing with your time?
It's the style of your life, if you will, Yeah,
it's yeah, what you do? What's your day? How do
(28:50):
you like your life and the style of it. I'm
not sure I al's to explain it. I don't know.
Speaker 2 (28:57):
I've never contemplated a lifestyle when I'm old. I don't know,
never thought about it really. Oh my gosh, I have
all the time. Um er, probably because my kids are
out of the house. And then Katie mentioned this briefly
on yesterday's show. But US fertility rates fell to a
record low at the other end of the circle of life,
(29:17):
lowest rate since nineteen seventy nine. Fewer babies. I'm sorry,
that's not right.
Speaker 1 (29:23):
Fewer babies were born in the US than any year
since nineteen seventy nine, and the population is vastly larger
than it was then.
Speaker 2 (29:31):
That's the freakingomics missing number. We got way, way, way
way with more people. So yeah, per cabint, it's got
to be really low.
Speaker 1 (29:40):
So what's the replacement rate? Two point one or two
point two births per woman? Correct because of infant mortality,
people dying in childhood, that sort of thing. And obviously
two people make one baby if you haven't studied this,
when a man loves a woman very much anyway, so
replace using gender language. Difficult to discuss this without it.
(30:03):
When the birthing person and the sperm generating person get together, anyway,
so you need two babies to make up for the couple. Obviously,
replacement rate so it's two point two. The total fertility
rate in the US. Last year, which includes lots and
lots of illegal immigrant young folks who have more babies
than the native born and then citizens, the total fertility
(30:25):
rate fell to one point six two births per women
per woman. Wow. Wow is right. We're Italy great. So
the only way to have economic growth, which our pyramid
scheme social programs depend on, is to import young people.
That's why the border is open. People ain't having babies.
(30:48):
That's weird.
Speaker 2 (30:49):
Why did this species stop reproducing? Somebody should figure that out.
Speaker 1 (30:54):
From South Korea to Italy to the US to Germany
in the industrialized world, and don't tell me because it's rent.
Speaker 2 (31:00):
That's not the reason. So we got an interesting I'm
going to say this. Some of you're going to cringe
when I say AI, but we got really interesting AI occurrence.
I think you'll find oh wow wild. Even Joe says
it's entertaining and he rolls his eyes whenever I mentioned AI.
Speaker 7 (31:15):
So that's how the lease stay here. Arm trum triles
back on today.
Speaker 2 (31:25):
It'd be interesting to see if there's any headlines out
of that. Got some interesting AI things for you, including this.
Speaker 8 (31:32):
The audio clip is less than sixty seconds long enough
to completely upend a Baltimore area high school. In it,
a voice is heard making racist remarks about black students,
academic performance, and anti Semitic complaints about Jewish community members. Parents, teachers,
and students believed it was a racist rant by Pikesville
(31:53):
High School Principal Eric Eyswert, but officials revealed that voice
was generated by AI, and they've arrested the school's athletic director,
thirty one year old days On Darien, for allegedly creating it.
Speaker 4 (32:06):
Detectives alleged mister Darien made the recording to retaliate against
the principal, who had launched an investigation into the potential
mishandling of school funds.
Speaker 8 (32:17):
Police Adarian was arrested while trying to board a flight
to Houston. Initially taken into custody for a gun in
his bag when police discovered the outstanding warrant. He's now
charged with disrupting school operations, along with theft, retaliating against
the witness, and stalking. The clip was first circulated back
in January. At the time, the principal denied ever making
(32:39):
those remarks. Officials say the clip had quote profound repercussions,
leading to the principal's temporary removal from the school.
Speaker 2 (32:47):
Well, I'm sure did you heard the principal's voice saying
all kinds of racist stuff? Yeah, you got to investigate that.
But this is the first of one million times this
is going to happen. And as I've been saying now
for several years, it's also going to cover for the
people who did say these things.
Speaker 1 (33:05):
Right, No, that wasn't me, that was Ai. I'm sure
of it. Yeah. First of all, this athletic director guy
sounds like a real peach nice hire great Scott gun
Totin slandering, race baiting, lunatic well in a thief two.
As it turns out, Wow, you're right, Yeah, this is
this is the first of one to eight million that
(33:26):
you will hear in your lifespan. Unbelievable, including us. I'm
just waiting for somebody who hates us, some activist group,
to try to run us out of the business by
concocting something like this. Speaking of AI and how scary
it is commercial art, ninety five percent of jobs are
about to disappear. For instance, loyal listener Kelly took about
five seconds to craft this using an AI music creator.
(33:49):
It's a forties pop Kroner style song, praising Michaelangelo, our
technical director.
Speaker 7 (33:57):
He's the spy.
Speaker 1 (34:00):
In show I'm Strong and Daddy. They all do no
with meats and tunes. He sets the tone.
Speaker 9 (34:10):
The master Architect call him their cornerstone in the corner Stone.
Speaker 1 (34:22):
And it goes on. It's actually quite funny. Maybe we'll
play it all sometime on the podcast.
Speaker 9 (34:27):
But the Sunstone time, he's sup perfect, you'll take you fine?
Speaker 1 (34:36):
And who put this together? Uh? Kevin from a beautiful Plasterville,
California using the Suno dot com site slash app.
Speaker 2 (34:46):
I would like and I think he's using the free
version of it, and I would like to know how
much time it took him.
Speaker 1 (34:51):
Oh he said five seconds. Five seconds. Yeah, he typed
in the prompts and hit return right and it said
right to play. So you're a jingle writer, you're a
you're an ad copywriter, you're a studio musician. Get ready
(35:13):
to call up door Dash and get the app because
you're gonna need it. And I'm laughing out of just
like shock, amazement and fear, not laughing at anybody. It's unbelievable.
Speaker 2 (35:25):
No I have fear for my own children. I have
no idea what kind of work world they're going to
head out into.
Speaker 1 (35:30):
Armstrong and Getty
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