As the trade war with China heats up, President Trump is urging Americans to stay cool as he presses pause on his punishing reciprocal tariffs against most countries, except for China. Consumer prices dropped less than 0.1% in March, the first time in over a year, and a 6 month low in inflation. President Trump meets with his cabinet at the White House, and talks about the TikTok deal.
00:21:30.080Criminals forward your signature on a document and then use a fake notary stamp, pay a small fee, and then file that with your local recorder's office.
00:22:17.660Immediate 24-7 monitoring of your property.
00:22:20.120Urgent alerts if there are any changes.
00:22:22.340And if fraud should happen, their U.S.-based customer restoration team will spend up to $1 million to fix the fraud and restore your title at no additional cost.
00:22:32.680I've teamed up with Home Title Lock to give you a free title history report so you can find out if you're already a victim of this specific type of identity theft and access your personal title expert at $250 value just for signing up.
00:22:47.460So, go to HomeTitleLock.com and use my promo code POSO250 or click on the link in the description.
00:22:54.200That's HomeTitleLock.com, promo code 250 to get protection and the peace of mind that you deserve.
00:23:00.760Now, I really wanted to get into this subject because, look, we've been hearing a lot about the markets this week.
00:23:07.720Obviously, that's been the big story from tariffs to the bond market, et cetera, and a lot of talk about the Federal Reserve.
00:23:20.120President Trump, of course, wants them to come down, has been pushing for this left and right.
00:23:24.920Jerome Powell will see if he wants to actually do this, the Chinese Communist Party, doing everything they can to keep the interest rates where it is.
00:23:33.260Zero Hedge is putting out great reporting on this.
00:23:35.260By the way, Zero Hedge is actually in the White House pool today.
00:23:40.260God bless Zero Hedge and God bless the work that they've been doing.
00:23:44.600So all of this, what's it going to do?
00:23:49.100If those rates come down, it's going to have a huge effect on the ability of people to access money.
00:23:55.880And that, of course, it also goes directly towards this level of home ownership, home buying, house flipping, that comes up again.
00:24:03.500And what does that do that leads people into this idea?
00:24:06.920So these criminals, these identity thieves who want to go after your home, go after your home equity, take out loans in your name, guess what?
00:24:26.180Thank you so much for having me with you guys again.
00:24:28.420And thank you for that great introduction.
00:24:29.960I don't even think you need me here, honestly.
00:24:31.440But I'm so glad that you brought up the market changes and people buying additional property.
00:24:38.140For most of Americans, your home is your biggest asset.
00:24:42.400And for a lot of people, their financial future, it's the financial future of their children.
00:24:47.340So I think it's really, really important to talk about these things because of that.
00:24:51.020I mean, there's $32 trillion in equity as of, I think, last year, right?
00:24:55.020And it could be even more now and hopefully more in the future.
00:24:57.620But, you know, with squatting, one of the scary things, we actually just had a report on this recently.
00:25:02.540There was a woman that in Florida did this in two different homes, told the police when she got found out that the reason she started doing it is because she knew other people that were doing it, broke into someone's home who, you know, and this is really important for people that own different properties or go back and forth.
00:25:19.620Or if they're flipping something and they're currently not living there, she found a property that was vacant.
00:26:20.440And we're seeing this more and more as people are filing this paperwork to make it official.
00:26:26.060So the thing is, when the police showed up at her door, and this is what people need to understand.
00:26:30.740If she would have filed that quick claim deed with the county and it had gone through, luckily for this particular instance, she'd messed up some of the paperwork so it wasn't approved.
00:26:39.380But if it had, legally, there would have been nothing the police could have done to remove her from the home.
00:26:45.160She would have been legally on paper the owner of the home.
00:26:48.940And then there would have had to been court cases and litigation and things like that to not only prove that the homeowner is the legitimate homeowner and that this squatter person is not, but even just to get the title back in their name.
00:27:25.560Florida and California are really, really bad right now in New York.
00:27:30.180And is that as far as New York, as we know, I think it's in the five boroughs where they actually have these squatters rights laws where essentially like even if you prove you're the homeowner, the police will still take are required under this law to take the side of the squatter.
00:27:47.440So here you have a situation where someone come as a squatter, they've got your information now, you know, and this could be, by the way, let's say you've got a, you know, Airbnb, let's say you've got a summer home down the shore and, you know, you're not there because, you know, because it's winter or something like that.
00:28:17.240They can actually portray themselves as the homeowner.
00:28:20.540And boom, now all of a sudden they're taking out loans and they're taking your name.
00:28:25.660And the homeowner doesn't even know by the time the person, you know, actually gets found out, they're totally gone.
00:28:30.900And so you're right that in this case, by the way, it's, they're very, very, very lucky about it getting caught and nipped in the bud and having that quick claim early on.
00:28:41.860And so that's why, that's why it's huge.
00:28:43.520By the way, you know, I had somebody, I'm not going to say who, but someone that, someone that I work with who was the victim of identity theft, not in terms of a home loan, it was something else, but did have loans taken out in their name.
00:28:57.900So that's why when, and I, and I just saw this, that home title lock is doing the, the $1 million up to a million dollars to fix the fraud.
00:29:05.980That's huge because this is a, even once you discover it, it's an absolute nightmare from that point.
00:29:12.780Well, and not only that, but I don't think people realize until we talk about it, how long it can take to actually get everything reversed and back.
00:29:20.140And if there's loans taken out, it's even worse because the bank does not care that you're not the one that took out the loan.
00:29:26.900Your home is down as collateral on a legal document.
00:29:38.800They have more access and they just want their money back.
00:29:41.480And it's, it's really sad and scary for the homeowners, you know, in the squatter story, I was just talking about what killed me.
00:29:47.180I think the most was that the state attorney, and I'm going to quote this, the state attorney came out and said, although the deeds were not accepted by the clerk of the court in this case, if they had been, there could have been drastic and expensive consequences for the homeowner.
00:30:01.080And then continues to say, and the homeowners can easily protect themselves, I quote, against this crime through monitoring systems.
00:30:09.080And what kills me the most about this, and this is why we do what we do, right, is this state attorney is basically saying, oh, it's easy to protect yourself, but you have to protect yourself.
00:30:21.720What stood between this squatter being a squatter and this squatter owning someone's home was that they didn't fill out a line of an address correctly when they went to file this document, and it's the only reason it got rejected.
00:30:35.560That is terrifying to me, that there are no county measures in place for homeowners to prevent this from happening.
00:30:43.740They're just like, yeah, you can protect yourself, deal with it yourself.
00:31:13.200The court cases, the paperwork, the process.
00:31:15.820And we want to be able to be prepared to fight for the homeowner the moment something happens so that nothing worse happens in the aftermath.
00:31:24.300So that's really why we do what we do.
00:31:27.200Now, is this something, by the way, let's say, you know, let's say, God forbid, someone out there knows someone who's in this situation already but hasn't already retained home title lock.
00:31:36.940Is that also something where home title lock can get involved?
00:31:39.180I don't know if I have the legal ability to say yes or no.
00:31:47.340I know that we have definitely taken phone calls from people in this situation and kind of given, you know, a one-two step.
00:31:55.560I know it's not something that we can cover if they don't have our product.
00:31:59.220But, you know, that's all the more reason to sign up now.
00:32:02.760And actually, one thing I did notice earlier is that, you know, when you gave the offer, we actually have a better offer for you guys today for having us on, which is better.
00:32:11.740So instead of just getting the title history report, you're also going to get 14 days free.
00:32:16.720So you can just use the promo code POSO and it's active.
00:32:21.640You get 14 days and that title history report, access to our title experts, which means you can call us, ask us questions, look over the documentation because most people aren't going to, you know, know what all these documents are filed on their property.
00:32:34.920It's more than just, you know, a deed or whatever it is.
00:32:38.980So you can call us, you can talk to us, and we just want to be, again, there for homeowners so that they don't have to fight these battles themselves.
00:32:48.440Look, and that's what it's all about, self-reliance, being the backbone of BAGA, being the backbone of the Human Events audience.
00:32:54.940No one is going to help you but yourself.
00:32:57.020So that's why Home Title Lock is a partner with Human Events Daily for everybody out there who's in the housing market.
00:33:04.820You want to protect yourself because eventually, you know, your house is something that you want to be able to pass on to your kids or at least be able to pass on with full equity and all of these debts and run into these problems.
00:33:52.140As we go through the queue and settle with these countries who are going to bring us their best offers, we will end up in a place of great certainty over the next 90 days on tariffs.
00:34:06.960We had very good inflation numbers today.
00:35:12.180Brian, we just finished up the cabinet meeting.
00:35:14.860What's the latest you're hearing from the White House, from the administration?
00:35:20.160Well, Jack, we had pretty much all the cabinet members, for the most part, come through here down Pebble Beach, stopping at a few outlets,
00:35:28.680but really not taking a whole lot of questions at all as they just wrapped up that it seems like a two-hour cabinet meeting with the president and others taking questions.
00:35:37.260But, Jack, it seems to be everything is about the tariffs.
00:35:40.420And as you heard the soundbite coming in, the president talking about China.
00:35:44.240And the first thing that came to my mind, Jack, is why are we all so worried about China?
00:35:49.740I'm more worried about the U.S. and what our economy is doing and what we're paying in tariffs.
00:35:54.300But it seems like the world is in such defense of China.
00:35:58.960But that seems like they are the lone wolf right now as far as really coming to the table to negotiate a lower tariff,
00:36:06.360as we've seen 70-plus countries, Jack, call that president up and say, look, we're willing to negotiate.
00:36:12.880Let's do what's fair and balanced in terms of our trade deficit and in terms of what these tariffs look like.
00:36:41.000Everyone here remains very optimistic.
00:36:44.420I mean, those numbers came in, inflation low, the oil, everything is doing what they expect it to do.
00:36:51.320When you look at the fundamentals of a market, they're becoming right in place, going in the right direction.
00:36:58.540Now, in terms of the tariffs and the stress and the anxiety that the media, I think, is committed to making sure that the American people feel,
00:37:06.620I don't think you feel that inside the White House.
00:37:08.360As a matter of fact, I'm clear to say they don't feel that in the White House.
00:37:12.500They remain very confident that what they've put in place, their game plan here with these tariffs, with these negotiations with China, is what's going to get the best outcome.
00:37:22.500So the mood here is very optimistic, Jack.
00:37:25.960I don't see the anxiety coming from them.
00:37:28.700I see the anxiety and really kind of the disappointment coming from the media and coming from the left that wants to demonize what President Trump is simply trying to do,
00:37:38.280is put us all on an even playing field and putting America first.
00:37:42.000That's what it's all about, putting America jobs, manufacturing first.
00:37:46.940Now, what's the president's schedule like for the next couple of days there?
00:37:55.940There is a bill signing probably taking place right now.
00:38:01.640It was closed to the media, so I don't have a lot of details on that.
00:38:05.980He does have a physical tomorrow at Walter Reed, tomorrow morning, and then he is flying out to Mar-a-Lago tomorrow afternoon.
00:38:15.540And from what I've been told, he's going to make a stop in Miami on Saturday for an event and then back to Mar-a-Lago on Saturday night and then fly back up here on Sunday.
00:38:27.300So the typical weekend for the president with the addition of a physical, which you and I both know, Jack, if you're over the age of 50, as I am, go get your physical once a year.
00:39:36.600And what I've been told and kind of what I've seen, Jack, the biggest holdouts on all of this have been people that were never really in the Trump camp to begin with.
00:39:47.060They were either, for whatever reason, in the Nikki Haley camp early on or the Ron DeSantis camp.
00:39:53.280So the people that are causing, I think, are dragging their feet, I should say, in the biggest way of getting all of this done, were not necessarily Trump supporters.