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Verdict with Ted Cruz
- January 28, 2026
BONUS: Daily Review with Clay and Buck - Jan 28 2026
Episode Stats
Length
1 hour and 1 minute
Words per Minute
170.12239
Word Count
10,453
Sentence Count
412
Misogynist Sentences
7
Hate Speech Sentences
15
Summary
Summaries are generated with
gmurro/bart-large-finetuned-filtered-spotify-podcast-summ
.
Transcript
Transcript is generated with
Whisper
(
turbo
).
Misogyny classification is done with
MilaNLProc/bert-base-uncased-ear-misogyny
.
Hate speech classification is done with
facebook/roberta-hate-speech-dynabench-r4-target
.
00:00:00.000
This is an iHeart Podcast.
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Guaranteed human.
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Welcome in, everybody, to the Wednesday edition
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of the Clay Travis and Buck Sexton Show.
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I'm just going to start with some good news today, Clay.
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Trump's sharing this one out.
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S&P 500 just hit 7,000 for the first time ever.
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Yes.
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All caps, America is back.
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So it's a good thing.
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Some of you might say, well, I don't have stocks that I'm invested in.
00:00:30.660
You have a retirement account.
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You work for a company that has public shares.
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I mean, this actually is an indicator of pretty broad sentiment
00:00:39.000
and at least in some sectors, economic health.
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Price is still too high.
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Yes, I know.
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But prices would be even worse if the stock market was down 20%.
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I can say that as well, meaning you'd have a much harder time
00:00:51.140
affording the prices if the economy was in a tailspin
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from a dropping market.
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So this is good news.
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I like to start with the good news,
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which is that we've got the first time ever 7,000 on the S&P 500.
00:01:04.720
We've got the White House weighing in,
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and now other places, as exactly promised to you on this show,
00:01:13.640
other places starting to get involved and see the early stages
00:01:17.560
of these anti-ice operations, these sabotage operations.
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White House has spoken about this one.
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We shall get into that.
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Also, Trump talking a pretty tough game about Iran,
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and we've got some updates on that situation, plus Venezuela.
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So we will get into all of that.
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We've also got some great guests joining today.
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Mark Halpern, who's the editor-in-chief of Two Way,
00:01:46.920
and he's a host in his own right.
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You guys all, I'm sure, have seen his political analysis.
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What was his book, Clay, the most famous one that he did?
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Was he the...
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Game Change.
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He was Game Change, really?
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Yeah.
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I think, I'm going to make sure that that's correct,
00:02:01.840
because I don't want to, but by the time we have him on,
00:02:03.760
we've got to make sure we get that right.
00:02:05.140
But I believe that he was one of the co-authors.
00:02:08.700
Yeah, he was a co-author with Heilman.
00:02:10.320
Okay, yes, yes, so that's right.
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And then we've got 230, Joe LaVornia,
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who is a counselor to the Treasury sector.
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Look, there's a big summit going on in D.C.
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Clay and I are going to be there,
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but there's some travel issues with, you know,
00:02:23.400
the snowpocalypse that is hitting.
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Clay, it's even getting a little chilly down here in South Florida.
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Some of you will note, I am wearing a sweatshirt,
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not just because it is indeed Cozy Earth,
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one of our fabulous sponsors,
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and it is the most comfortable sweatshirt imaginable,
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but because it is a little chilly here,
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and it's going to get chillier.
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So I understand that places are going through
00:02:43.980
a bit of a deep freeze right now.
00:02:45.680
It is dropping into the 60s.
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It might even hit the 50s in South Florida.
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It's rough.
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I will say this, by the way, on the weather thing.
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It is actually far worse than I realized in Nashville
00:03:00.860
all the way down to Mississippi.
00:03:02.760
I don't know if you've seen the footage, Buck.
00:03:04.780
They basically have shut down several interstates,
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and they are impassable in Mississippi right now.
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And last night, I went to the Kentucky Vanderbilt basketball game.
00:03:16.680
Vanderbilt University is shut down, which never happens.
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And I was blown away by how awful.
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This was the first time I've left my house since the storm hit.
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I was blown away by how awful the roads are
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and how significant the damage is from this winter storm
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that came through the ice in particular.
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So Nashville is hammered all the way down into Mississippi.
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There's about a 200-mile stretch, I would say, Buck,
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where it is utterly devastating
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in terms of the number of people without power,
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the number of trees down, the amount of significant damage.
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So we're thinking about all you guys out there
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that are from Nashville basically south in this stretch
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dealing with a truly awful scenario.
00:04:00.640
And, yes, Buck pointed out,
00:04:01.960
we were going to be in Washington, D.C.
00:04:04.540
with the president and with the treasury secretary today
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at these Trump account announcements,
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but we couldn't get up there.
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And so we had all sorts of issues with travel,
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and so we're going to have –
00:04:17.240
we'll talk about what was going to happen there.
00:04:18.740
I'm sure we'll be up in D.C. again soon.
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But that is taking place right now,
00:04:23.300
and Marco Rubio is testifying under oath on Capitol Hill
00:04:26.700
about Venezuela, Cuba, Iran,
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and everything else he's dealing with as secretary of state.
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Now let's take things back into the center of the political storm,
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and that is the situation in Minneapolis, ICE,
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what's going on there.
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And our friend Will Cain, who had Trump on yesterday,
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asked the president about this.
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Because what's happened now is there's been a switch up
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in some of the personnel.
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Tom Holman has been sent to Minnesota,
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and Kristi Noem is coming under a lot of criticism,
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a lot of pressure.
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As I said, she said the wrong stuff after the shooting of Pretty,
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so that was not a good moment in messaging.
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She just – she messed that up.
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The president still says he has confidence in her, though.
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The – anyway, I won't get into more of that for now.
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I'll just say Tom Holman, I think,
00:05:25.240
is the guy who should have been running this op
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and should be running all these ICE ops the whole time.
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And I don't know why anybody would think otherwise,
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but here we are.
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So Tom is going there,
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and here is Trump speaking specifically about this.
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This is Cut 12.
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Hit it.
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Messages out that Tom Holman is in.
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Commander Bovino is supposedly leaving Minneapolis
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along with some CBP agents.
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Is this a pullback?
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I don't think it's a pullback.
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It's a little bit of a change.
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Everybody in this room that has a business,
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is, you know, you make little changes.
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You know, Bovino is very good,
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but he's a pretty out-there kind of a guy,
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and in some cases that's good.
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Maybe it wasn't good here.
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But you have to understand,
00:06:03.340
when I watch some of the people
00:06:04.680
that I've been watching over the last few weeks,
00:06:06.680
these are paid insurrectionists.
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These are paid agitators.
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These people aren't normal, like, OG,
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that, you know, they're incensed about anything.
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How do you get incensed when you go into a state
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and you're taking criminals out?
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Now, Clay, I am still hopeful,
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and I think it is probably the case
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that this is a shift in tactics,
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but not an abandonment of enforcement.
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But I will get into what we're already seeing,
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and I've been saying this ever since this incident happened.
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You're seeing more noise in New York,
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more of the organized sabotage operation stuff popping up.
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You're seeing other places like Philadelphia,
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their DA, threatening to arrest ICE officers.
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The madness can spread if it is not contained in Minneapolis.
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What do you see?
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That's the concern.
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And you know this,
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but I think everybody out there is becoming aware
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if resistance works in Minneapolis,
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then they will copy it everywhere else.
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And the ultimate challenge that we're going to get into here,
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and it is a challenge of wills to a large extent,
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is it's very easy to start,
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as the Trump administration did,
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with deporting people who have violent criminal records
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and people who have broken our law.
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It's a no-brainer that they should be out of the country.
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But at some point,
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if there are 20 million illegals,
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there are not 20 million people
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who have committed violent crimes.
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So if you want to try to return the nation
00:07:41.740
to some semblance of lawfulness
00:07:44.480
when it comes to our immigration policy,
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then you're going to have to start to deport people
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who are not necessarily violent criminals.
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And that becomes a political challenge.
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Now, I think, Buck, in general,
00:08:00.880
the number of people that have decided to leave
00:08:04.260
is fairly substantial.
00:08:06.080
And it may well be the case
00:08:07.580
that the best part of the ICE deportation policies
00:08:10.820
is just letting people know,
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hey, the salad days are over.
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You can't rely on the American taxpayer
00:08:17.020
to be giving you free hotel rooms in New York City,
00:08:19.840
free Wi-Fi, free meals.
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Like, that is utterly absurd and ridiculous.
00:08:25.320
And I like to think that we've turned a page
00:08:27.360
at least a little bit on that.
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And the data reflects that as many people
00:08:30.940
as we have been able to deport,
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that there are millions more
00:08:34.620
that are voluntarily leaving
00:08:36.260
because they're recognizing
00:08:37.660
that the situations back home
00:08:39.820
are not necessarily better
00:08:42.760
or getting better relative to what they have here.
00:08:45.700
The challenge is,
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I think Democrats are playing the long game here,
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and this is what we told you.
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Once you let the 20 million in,
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it becomes almost impossible to get the 20 million out.
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And it would take sustained multi-numbers
00:09:00.300
of presidential Republicans
00:09:04.000
that are committed to this for years and years to come.
00:09:07.660
And I think they know it's not going to happen.
00:09:10.620
There is some precedent for this.
00:09:13.580
The Eisenhower administration
00:09:14.840
got over a million illegals deported
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back in, I forget what year of Eisenhower's term,
00:09:21.660
but you're going back 70 years, okay?
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And you have massive deportation operation
00:09:27.300
that occurred then.
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There's also, Clay,
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the self-deportations that occurs.
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A big part of this
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needs to become workplace enforcement too,
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which that's,
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then you get,
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all of a sudden,
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Republicans get a little weak in the knees.
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A lot of Republican leadership starts to go,
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well, you know,
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we don't want to punish the job creators.
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Like, well,
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you are if you're employing
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a large number of illegals
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who are going to be reliant
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on welfare and social services
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provided by the taxpayer.
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And also,
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there is something about being American
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and Americanness
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that should not just be conferred upon people
00:10:05.960
by virtue of a physical status
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that is illegal in the first place.
00:10:10.060
There is a principle at work here,
00:10:12.160
but you need to do workplace enforcement.
00:10:14.700
Trump also,
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though,
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I wanted to note this
00:10:16.580
because we do get your calls
00:10:18.300
and emails about this
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or your talkbacks
00:10:20.100
on how this seems to be
00:10:23.320
detracting or distracting
00:10:25.260
from the fraud in Minneapolis.
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Trump is saying,
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I promise you,
00:10:30.260
we're still on that.
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If this is the game
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they're playing at some level,
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it's not going to work.
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This is from that
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Will Kane interview on Fox.
00:10:37.060
Again, this is 14.
00:10:38.140
Hit it.
00:10:40.060
This whole Minnesota thing,
00:10:42.920
it started
00:10:43.740
because of a focus on fraud.
00:10:46.220
It started
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because of illegal immigration
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and welfare fraud.
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The question is,
00:10:51.080
will there be accountability
00:10:52.220
in Minnesota and beyond?
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There's got to be.
00:10:54.420
Other states, California.
00:10:55.620
Minnesota is one state,
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if you look at California,
00:10:58.200
but look,
00:10:58.800
so in Minnesota,
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they think it's $19 billion.
00:11:01.640
If they think it's $19 billion,
00:11:03.680
triple it or quadruple it.
00:11:05.140
And if we catch a lot of this fraud,
00:11:07.480
and I felt it for a long time,
00:11:08.940
but now we know what's happening.
00:11:11.240
And the answer is,
00:11:11.980
yeah,
00:11:12.160
there will be accountability.
00:11:15.100
Clay,
00:11:15.780
there will be accountability.
00:11:17.420
I hope that is in fact the case.
00:11:21.600
The best tweet I've seen on this is,
00:11:24.640
have you heard anybody complaining
00:11:26.120
that their kids have lost child care
00:11:27.860
since the money was frozen
00:11:30.240
for Minneapolis child care?
00:11:32.320
I mean,
00:11:32.860
all of you out there
00:11:33.860
that are parents
00:11:34.540
and have your kids in daycare
00:11:36.320
in any way,
00:11:38.300
and I bet that's a huge percentage
00:11:39.760
of people that listen to us
00:11:41.140
on a regular basis.
00:11:42.640
If your child care was interrupted,
00:11:44.400
it would be a major issue.
00:11:46.180
Isn't it really interesting
00:11:47.420
that none of these Somali parents
00:11:49.560
have been up in arms
00:11:51.840
over the fact that their kids,
00:11:53.940
they're not able to get their kids
00:11:55.720
into child care
00:11:56.800
and these subsidies
00:11:57.720
are not working for them.
00:11:59.460
It shows you how much fraud
00:12:01.120
was going on
00:12:02.140
these people were never enrolled
00:12:04.340
in schools.
00:12:05.300
They were all getting kickbacks.
00:12:06.740
They created one of the largest frauds
00:12:08.660
related to child care
00:12:09.720
that we've ever seen,
00:12:10.740
and when it's actually stopped,
00:12:13.020
there is zero pushback
00:12:14.940
from people saying,
00:12:16.280
wait a minute,
00:12:16.680
my kids were legitimately enrolled.
00:12:18.500
I've got jobs.
00:12:19.400
I need help with the kids
00:12:20.560
in the child care.
00:12:21.340
Now we can get into
00:12:22.280
what the role
00:12:23.500
of the federal government
00:12:24.840
or state government
00:12:25.880
should be
00:12:26.440
when it comes to
00:12:27.560
child care in general.
00:12:28.960
That is,
00:12:30.540
I think,
00:12:31.440
a really significant
00:12:33.260
situation there, Buck,
00:12:34.580
because people don't get
00:12:36.480
to count
00:12:36.960
if you're a mom
00:12:38.100
or you're a dad
00:12:39.240
or you're a grandma
00:12:40.120
or you're a grandpa
00:12:40.900
and you're providing
00:12:42.220
child care for your family,
00:12:44.520
you don't get to
00:12:45.220
huge,
00:12:46.100
massive discounts
00:12:47.360
in earnings, right?
00:12:49.360
Like, you don't get
00:12:49.920
to count that
00:12:50.580
as a $50,000 a year job.
00:12:52.780
I think there's a lot
00:12:53.480
of different ways
00:12:54.020
that tax code
00:12:54.680
could support parents
00:12:56.800
and grandparents
00:12:57.880
and family members
00:12:58.920
actually providing
00:13:00.120
child care for family,
00:13:01.860
which happens
00:13:02.500
all over the country
00:13:03.600
and is a huge part
00:13:04.820
of the safety net
00:13:06.200
for families.
00:13:07.600
But, yeah, again,
00:13:08.380
just, have you seen
00:13:09.160
anybody complaining
00:13:09.860
in Minneapolis about this?
00:13:11.260
It's just indicative
00:13:12.340
of to what extent
00:13:13.840
it is a fraud.
00:13:14.740
And, by the way,
00:13:15.200
this event that's going
00:13:16.140
on right now,
00:13:16.740
which we'll get into,
00:13:17.520
these so-called
00:13:18.780
Trump accounts,
00:13:20.540
I actually think
00:13:21.620
this is a great idea, Buck.
00:13:23.840
And we talk a lot
00:13:25.180
about financial literacy
00:13:26.380
on this program
00:13:27.580
and we can get into this
00:13:28.920
somewhat during
00:13:29.680
the course of the program.
00:13:30.880
So few kids out there
00:13:32.280
have financial knowledge
00:13:34.780
or understand
00:13:35.800
the concept
00:13:36.440
of compound interest.
00:13:37.980
That is,
00:13:38.440
if you start
00:13:38.980
with $1,000 invested
00:13:40.580
when you're really young
00:13:41.760
and you just allow
00:13:42.700
that money
00:13:43.100
to continue to grow,
00:13:44.740
it is transformative
00:13:46.140
by the time
00:13:46.760
you get to 20
00:13:47.540
or 30 years old.
00:13:48.780
I'm glad you're
00:13:49.620
admitting this
00:13:50.120
because I believe
00:13:50.960
you were giving me
00:13:51.720
a bah humbug
00:13:52.540
and making fun of me
00:13:53.540
for being the uncle
00:13:54.520
who gives his nieces
00:13:55.640
and nephews
00:13:56.360
who are toddlers
00:13:57.860
or babies
00:13:58.480
instead of useless,
00:14:01.400
you know,
00:14:02.440
like butterfly socks
00:14:04.520
or something,
00:14:05.200
I give them money
00:14:06.900
in long-term
00:14:08.520
either, you know,
00:14:10.260
stock accounts
00:14:10.980
or for the purposes
00:14:12.960
of college
00:14:13.940
because that money
00:14:15.140
grows, Clay.
00:14:15.840
That is very,
00:14:17.860
very good of you.
00:14:19.900
I would suggest
00:14:20.480
maybe Uncle Buck
00:14:21.600
could also give
00:14:22.440
a toy to a kid
00:14:23.460
in addition to a,
00:14:24.740
I don't think
00:14:26.260
it's one or the other.
00:14:27.540
Let's not get crazy.
00:14:28.620
Let's not get crazy.
00:14:29.240
I think you probably
00:14:29.900
could get a,
00:14:30.920
you know,
00:14:31.460
Tonka truck for a kid
00:14:32.660
and also give him
00:14:33.600
some help
00:14:34.420
on his future college,
00:14:35.400
but I do think
00:14:36.160
this compound interest idea
00:14:37.680
is one of the least
00:14:39.180
understood aspects
00:14:40.360
and what it does is,
00:14:41.420
and we'll have some fun
00:14:42.160
with this
00:14:42.640
because I do think
00:14:43.400
it's important,
00:14:44.260
but it teaches you
00:14:46.100
the values
00:14:46.920
and power
00:14:48.040
of individual responsibility
00:14:49.880
from a financial perspective
00:14:51.800
and playing the long game
00:14:53.760
as opposed to constantly
00:14:54.940
trying to scramble
00:14:56.420
in the short game.
00:14:57.580
We'll get into that.
00:14:58.640
In the meantime,
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and Buck Sexton.
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that never sounded
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so good.
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Find them
00:16:12.860
on the free
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iHeartRadio app
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or wherever
00:16:15.520
you get your podcasts.
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Canadian women
00:16:18.000
are looking for more.
00:16:19.400
More out of themselves,
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their businesses,
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their elected leaders,
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and the world around them.
00:16:23.500
And that's why
00:16:23.960
we're thrilled
00:16:24.480
to introduce
00:16:25.120
the Honest Talk podcast.
00:16:27.240
I'm Jennifer Stewart.
00:16:28.420
And I'm Catherine Clark.
00:16:29.660
And in this podcast,
00:16:30.780
we interview
00:16:31.260
Canada's most inspiring women.
00:16:33.280
Entrepreneurs,
00:16:34.100
artists,
00:16:34.780
athletes,
00:16:35.380
politicians,
00:16:36.020
and newsmakers,
00:16:36.700
all at different stages
00:16:38.000
of their journey.
00:16:39.160
So if you're looking
00:16:40.160
to connect,
00:16:40.960
then we hope
00:16:41.400
you'll join us.
00:16:42.380
Listen to the
00:16:42.800
Honest Talk podcast
00:16:43.760
on iHeartRadio
00:16:44.760
or wherever you
00:16:45.520
listen to your podcasts.
00:16:48.180
Welcome back
00:16:49.040
in to Clay and Buck.
00:16:51.340
And we are joined
00:16:53.280
out by a very special guest,
00:16:55.160
Joe Livornia,
00:16:57.080
counselor to the U.S.
00:16:58.620
Treasury Secretary,
00:16:59.760
Scott Bessent.
00:17:01.240
A lot of you will know him
00:17:02.080
from his time
00:17:02.780
as a senior economist
00:17:04.120
for Big Wall Street Bank
00:17:05.440
on CNBC
00:17:06.200
and other places.
00:17:07.180
Joe,
00:17:07.900
welcome to the program.
00:17:09.880
Thank you.
00:17:10.380
Very happy to be on with you.
00:17:12.480
All right.
00:17:12.880
We're talking Trump accounts.
00:17:14.120
Big event today in D.C.
00:17:15.820
A lot of talk
00:17:16.560
about economy stuff
00:17:17.820
from the president
00:17:18.500
and from Secretary Bessent.
00:17:21.920
Let's start
00:17:22.660
with Trump accounts,
00:17:23.800
though.
00:17:23.980
What's the idea here?
00:17:25.480
Why does it matter
00:17:26.160
so much
00:17:26.800
to this administration
00:17:27.800
and to the American people?
00:17:30.080
Well,
00:17:30.640
it is a down payment
00:17:32.260
on the future.
00:17:33.000
It is a way
00:17:33.940
to encourage
00:17:35.400
newborns
00:17:37.840
and those children
00:17:39.060
that will be born
00:17:39.760
over the next several years
00:17:40.740
under the Trump administration
00:17:41.720
to be able to partake
00:17:43.200
in the capitalist system
00:17:45.400
where the U.S.
00:17:46.880
has been an engine
00:17:47.780
of growth
00:17:48.780
and prosperity.
00:17:50.260
And this is a way,
00:17:51.200
a very novel approach
00:17:52.960
to get families
00:17:54.400
in the game
00:17:56.260
of investing,
00:17:57.440
building a nest egg,
00:17:58.880
creating wealth,
00:17:59.780
creating financial stability.
00:18:01.140
and the Trump administration
00:18:03.060
is going to start that
00:18:04.400
with seed capital
00:18:05.340
of $1,000,
00:18:07.060
which then can go upwards
00:18:09.120
of another $5,000.
00:18:10.420
That could come through
00:18:11.160
a combination
00:18:11.820
of either an employer,
00:18:13.120
a family member,
00:18:14.080
a guardian,
00:18:15.040
parent,
00:18:16.080
to really build wealth
00:18:17.840
and to get,
00:18:19.240
over time,
00:18:21.040
young boys and girls
00:18:22.820
understanding the powers
00:18:24.240
of compound interest
00:18:25.320
and how an investment today
00:18:27.160
can pay huge dividends
00:18:28.400
longer term.
00:18:29.140
Okay, this is so important.
00:18:31.460
I think compound interest,
00:18:32.880
basic financial literacy,
00:18:34.480
and this is Clay,
00:18:35.200
appreciate you coming on
00:18:36.180
the program,
00:18:37.660
is something that kids
00:18:38.980
really desperately
00:18:39.960
need to understand.
00:18:41.700
And by the way,
00:18:42.420
I think also a lot of adults,
00:18:44.340
when you talk about
00:18:45.120
compound interest,
00:18:46.200
so let's say that someone
00:18:47.640
has an account
00:18:48.560
starting at birth
00:18:50.060
and they basically are just,
00:18:52.140
let's say it's S&P 500
00:18:53.540
index funds on average,
00:18:55.880
what does the compound value
00:18:57.480
of that look like
00:18:58.940
and over time,
00:19:00.560
what kind of dollars
00:19:01.600
are we discussing
00:19:02.680
for people out there
00:19:04.040
who don't really
00:19:04.740
comprehend this?
00:19:06.600
And Clay,
00:19:07.460
I want to also,
00:19:08.160
I should add that
00:19:08.780
Secretary Besson
00:19:09.680
highlighted that nearly
00:19:10.560
40% of U.S. households
00:19:12.300
have no direct equity exposure.
00:19:15.220
Right.
00:19:15.440
This is a way really
00:19:16.340
to make Americans
00:19:18.820
part of the capitalist system.
00:19:20.360
It's an inclusive way
00:19:21.360
to build wealth
00:19:22.240
and to create financial security.
00:19:25.220
Regarding the compound question,
00:19:27.380
if you put a thousand,
00:19:28.200
the government gives
00:19:28.940
a thousand dollars
00:19:30.060
in 2026,
00:19:32.480
then let's say
00:19:33.480
that through a combination
00:19:34.460
of either employment
00:19:35.360
or somebody making
00:19:37.260
the maximum contribution,
00:19:38.940
after the thousand,
00:19:40.220
you contribute
00:19:40.960
5,000 additional
00:19:42.760
every year
00:19:43.760
for the next 18 years.
00:19:47.140
Based on historical equity returns
00:19:49.360
of roughly 10%,
00:19:50.640
that money,
00:19:52.260
when you do the math,
00:19:53.360
could be worth
00:19:54.500
slightly more
00:19:55.580
than $300,000.
00:19:57.860
Leaving in another 10 years,
00:20:00.180
the historical returns,
00:20:01.720
again,
00:20:01.960
with a maximum contribution
00:20:03.220
of 5,000 per year,
00:20:04.940
that money could be worth
00:20:06.700
almost 1.1 million.
00:20:09.260
So the power of compounding
00:20:11.000
is remarkable
00:20:11.700
and people are going to
00:20:13.400
intuitively,
00:20:14.580
innately understand
00:20:15.900
financial literacy
00:20:17.900
when they go
00:20:18.540
to their Trump account
00:20:19.440
and they see,
00:20:20.540
wow,
00:20:20.920
look at how this thing
00:20:21.780
is increasing in value.
00:20:23.060
When I add more,
00:20:24.020
I could make more.
00:20:25.360
I mean,
00:20:25.600
it's savings in real time
00:20:27.300
and I think it's going
00:20:28.460
to be a great tool
00:20:29.280
that people are going
00:20:29.820
to realize
00:20:30.200
we need to invest
00:20:30.960
in the future
00:20:31.580
and they're going
00:20:32.880
to probably leave
00:20:33.360
their money in there
00:20:34.080
and they're going
00:20:34.540
to then reap
00:20:35.040
the benefits
00:20:35.680
from being invested
00:20:37.280
in all these
00:20:37.840
wonderful companies
00:20:38.720
that create a lot
00:20:40.160
of high-paying jobs
00:20:41.160
and investing
00:20:41.820
and helping make
00:20:43.640
the U.S. economy
00:20:44.440
and continue to keep
00:20:45.300
the U.S. economy
00:20:45.900
the best and brightest
00:20:46.760
in the world.
00:20:47.800
The easiest way
00:20:48.460
to understand this
00:20:49.280
that I always try
00:20:50.040
to explain to my kids
00:20:51.160
and everybody out there,
00:20:52.160
I would encourage
00:20:52.940
to do your research
00:20:54.380
on this.
00:20:55.320
Basically,
00:20:55.980
if you just buy
00:20:56.820
S&P 500 index funds
00:20:58.740
historically
00:20:59.380
and leave them in there,
00:21:01.340
every 10 years
00:21:02.440
your money doubles.
00:21:03.840
So you start thinking
00:21:04.840
about every 10 years
00:21:06.140
a doubling
00:21:06.760
and you start looking
00:21:07.780
at 20, 30, 40, 50 years
00:21:10.600
of that.
00:21:11.160
That's not even talking
00:21:11.980
about putting more money
00:21:12.940
in as you are,
00:21:13.900
which obviously
00:21:14.440
makes it even better.
00:21:15.900
But every 10 years
00:21:17.000
doubling,
00:21:17.420
I just don't think
00:21:18.360
most Americans
00:21:19.320
really understand
00:21:20.540
the value
00:21:21.160
of starting early
00:21:22.300
and continuing
00:21:23.100
to pile in.
00:21:24.880
Yes, that's right.
00:21:25.860
In fact, Clay,
00:21:27.000
I'd say it's even
00:21:27.520
better than that.
00:21:28.300
It's the simple rule,
00:21:29.700
and this is to your listeners,
00:21:30.480
it's the rule of 72.
00:21:33.460
You know,
00:21:33.940
essentially,
00:21:35.620
if you have
00:21:36.120
a 10% equity return,
00:21:38.260
your money actually
00:21:39.340
doubles every seven years.
00:21:42.660
If it's a 7% return,
00:21:44.300
then it's 10 years.
00:21:45.000
So the numbers
00:21:45.840
are even better
00:21:46.620
if you have
00:21:47.440
historical returns
00:21:48.220
approaching 10%
00:21:49.280
than what you even suggest.
00:21:50.680
But you're exactly right.
00:21:52.140
That's just
00:21:52.660
an initial investment.
00:21:54.100
You get those wonders
00:21:55.100
of compounding.
00:21:56.280
But that's why
00:21:56.760
we're hopeful, Clay.
00:21:57.640
We know today
00:21:58.200
President Trump
00:21:58.860
announced all these
00:21:59.740
wonderful U.S. companies
00:22:01.360
across all different
00:22:03.280
sorts of industries
00:22:04.160
now are going to partake
00:22:06.080
in the Trump accounts
00:22:07.260
because the thing is
00:22:09.220
that employers
00:22:10.240
can contribute
00:22:11.140
up to $2,500
00:22:12.200
per annum
00:22:13.760
into a Trump account
00:22:15.620
and that's not
00:22:16.600
going to count
00:22:17.360
as employee income.
00:22:20.080
So the ability
00:22:20.880
to actually
00:22:21.380
to add to it
00:22:22.260
to get those
00:22:22.840
big, big returns
00:22:24.100
is there.
00:22:24.760
I think that's just
00:22:25.380
a great way
00:22:25.940
the program was designed.
00:22:28.160
Speaking to you,
00:22:29.100
Joe LaVornia,
00:22:29.780
Counselor to U.S.
00:22:30.700
Treasury Secretary
00:22:31.560
Scott Besant,
00:22:33.360
a guy with decades
00:22:34.440
as a very well-known
00:22:35.680
Wall Street economist.
00:22:38.320
And Joe,
00:22:39.480
to that end,
00:22:40.280
I want to ask you
00:22:41.060
about something
00:22:41.660
that's going to matter
00:22:42.320
a lot to everybody
00:22:43.220
listening day-to-day.
00:22:45.100
It's also going to matter
00:22:45.680
a lot to this administration
00:22:47.160
and in the upcoming
00:22:48.180
midterm elections.
00:22:48.940
It has to do
00:22:49.200
with affordability.
00:22:50.560
Trump spoke about this
00:22:51.860
recently in Iowa.
00:22:53.840
This is cut eight.
00:22:54.660
I wanted to have you
00:22:55.360
dive into this,
00:22:56.100
but first wanted to hear
00:22:56.780
from the president.
00:22:57.520
Play eight, guys.
00:22:58.340
They came up, you know,
00:22:59.400
it's a word that they
00:23:00.240
came up with,
00:23:01.000
affordability.
00:23:01.800
Every time you hear
00:23:02.720
the word, remember,
00:23:03.840
they're the ones
00:23:04.380
that cause the problem.
00:23:06.040
And the first time
00:23:07.800
you heard about it
00:23:08.380
was like a few months ago.
00:23:09.440
And this election's
00:23:10.640
all about affordability.
00:23:12.460
Well, they're the ones
00:23:13.640
that cause the problem.
00:23:14.980
But nobody knows that.
00:23:16.120
You know, people forget.
00:23:18.000
So now, Joe,
00:23:19.420
how can this administration,
00:23:21.360
Clay and I have talked
00:23:22.040
many times about,
00:23:22.940
yes, you look at inflation,
00:23:24.580
previous administration,
00:23:26.080
worst inflation in 40 years,
00:23:27.380
that's established.
00:23:29.480
How do we bring this situation
00:23:31.340
to a best possible outcome
00:23:34.300
this year for the American people
00:23:36.340
and certainly for the administration
00:23:37.940
for the purposes
00:23:39.100
of the referendum
00:23:40.520
that's coming up
00:23:41.180
in the midterm elections?
00:23:43.240
Much of it, Clay,
00:23:45.360
has been done
00:23:45.860
through the one big,
00:23:46.820
beautiful bill
00:23:47.440
or the Working Families Tax Act,
00:23:49.120
which it's also known as.
00:23:50.480
And what I mean by that is
00:23:51.720
that bill is encouraging
00:23:53.280
significant business investment
00:23:54.780
and building factories
00:23:56.360
and expensing CapEx.
00:23:58.300
We've already seen
00:23:59.020
the CapEx come back
00:24:00.220
in full force.
00:24:01.360
This is helping lift
00:24:02.580
productivity growth,
00:24:04.080
which is output per hour.
00:24:05.260
And that has also been galvanized
00:24:08.160
through a lot of
00:24:08.940
business-friendly deregulation
00:24:10.620
where companies can operate
00:24:12.140
more efficiently.
00:24:13.020
So you're seeing
00:24:13.600
these big productivity gains.
00:24:15.260
Why does that matter?
00:24:16.280
Well, productivity gains matter
00:24:17.540
because rising productivity
00:24:18.640
is the lifeblood
00:24:20.160
of rising living standards.
00:24:21.520
When companies can produce more
00:24:22.980
with their existing workforce,
00:24:24.400
they can pay those workers more.
00:24:26.500
So what the Trump administration's
00:24:28.160
policies are going to do
00:24:29.420
is they're going to allow people
00:24:31.020
to take home more pay.
00:24:33.160
After-tax take-home pay
00:24:35.260
will be going up.
00:24:36.760
And because the economy
00:24:37.760
is investing in the future,
00:24:39.380
it could produce more,
00:24:40.940
which means prices
00:24:41.760
could come down.
00:24:43.000
So what you have is
00:24:43.980
a disinflationary boom,
00:24:45.960
strong growth led by productivity,
00:24:48.060
and price is falling
00:24:49.040
because the economy's
00:24:49.960
productive capacity
00:24:50.940
is increasing.
00:24:52.100
Think of it this way.
00:24:53.360
Energy.
00:24:54.260
The drill-baby drill,
00:24:55.560
the opening of federal lands,
00:24:57.040
the easing of permitting
00:24:58.320
and things of that sort
00:24:59.180
to invest in energy production,
00:25:00.960
what's that doing?
00:25:01.780
It's increasing output,
00:25:03.060
but at the same time
00:25:03.820
it's lowering the energy cost.
00:25:05.340
Take that and multiply it
00:25:06.460
across the economy.
00:25:07.980
That's how you basically
00:25:09.200
get affordability
00:25:10.500
to massively improve
00:25:11.860
is you're allowing people
00:25:13.520
to keep more of what they have
00:25:15.480
and you're giving them
00:25:16.580
the tools to produce more
00:25:17.860
so that they get paid more.
00:25:19.180
And that's higher living standards.
00:25:21.840
This is a big-picture question for you.
00:25:23.920
You've been involved in finance
00:25:25.360
for a very long time.
00:25:27.060
And we're talking to Joe Livornia.
00:25:29.200
When you look,
00:25:30.620
I was reading recently,
00:25:32.180
Amazon went public
00:25:34.280
with an initial market capitalization
00:25:36.780
of around $500 million.
00:25:38.940
And then it has risen up
00:25:40.220
to multiple trillions of dollars,
00:25:42.260
which meant if you bought,
00:25:43.880
you know, $1,000 in Amazon stock
00:25:46.000
when it hit public markets,
00:25:47.260
you've made millions
00:25:48.400
and millions of dollars.
00:25:49.820
Now there's talk about SpaceX,
00:25:51.360
I'm sure you've seen,
00:25:52.280
potentially going public
00:25:53.520
at a valuation of $1.5 trillion,
00:25:56.580
which means a lot of the value
00:25:59.000
created in that company
00:26:00.940
will never have been accessible
00:26:03.000
to so-called average investors.
00:26:05.280
The number of public companies
00:26:06.680
is declining overall.
00:26:08.220
Are you concerned at all
00:26:09.820
about the way
00:26:10.700
that the public markets
00:26:11.800
are kind of being skipped
00:26:13.100
and all of the value
00:26:14.380
is being created now
00:26:15.880
in private marketplaces,
00:26:17.760
which doesn't give
00:26:19.160
the average Joe investor
00:26:20.900
the same access
00:26:21.920
to roaring growth marketplace companies
00:26:24.980
as might have existed
00:26:26.260
back in the 90s or before?
00:26:28.700
I understand your point
00:26:30.440
about public versus private markets,
00:26:33.040
and I think that reflects
00:26:34.040
the fact that, you know,
00:26:36.060
under, unfortunately,
00:26:37.340
many Democrat administrations,
00:26:38.880
you had significant overregulation.
00:26:40.880
So capital immediately went
00:26:42.420
to the private market
00:26:44.360
instead of the public market.
00:26:45.760
But what we know is,
00:26:47.020
over the past year,
00:26:47.980
we've had tremendous growth
00:26:50.060
in the stock market.
00:26:51.700
The returns have beat
00:26:53.300
most money managers
00:26:54.380
because U.S. companies,
00:26:56.920
many of which I don't need
00:26:57.880
to name the names,
00:26:58.600
but you know them
00:26:59.180
have done phenomenally well.
00:27:00.840
They'll continue to do well.
00:27:02.500
And as the administration
00:27:03.660
tries to encourage
00:27:04.920
private capital to come in
00:27:06.560
and to innovate and create,
00:27:09.100
I'm pretty confident, Clay,
00:27:10.940
that we're going to see
00:27:11.700
the U.S. stock market
00:27:13.780
continue to perform well.
00:27:15.280
It's what we call
00:27:16.220
the high beta on the U.S. economy,
00:27:18.580
and President Trump knows
00:27:19.700
how to get growth moving.
00:27:21.460
And, you know,
00:27:22.900
I'm an optimist,
00:27:24.080
so I'm not particularly
00:27:25.260
worried about that.
00:27:26.140
But as we have less regulation,
00:27:27.820
you might see these public markets,
00:27:29.780
and I think rightly so,
00:27:30.940
improve.
00:27:31.380
You're going to see
00:27:31.840
more merger activity.
00:27:33.600
You know, business is back.
00:27:34.620
As the President says,
00:27:35.480
there's tremendous investment
00:27:36.440
coming in the U.S.,
00:27:38.020
and the U.S. is indeed
00:27:38.920
the hottest economy
00:27:39.800
in the world.
00:27:40.400
I mean, we've been growing
00:27:41.160
almost 5% the last three quarters.
00:27:43.900
I mean, that's incredible.
00:27:45.380
And therefore,
00:27:46.280
the public markets
00:27:47.000
are going to benefit from that.
00:27:48.180
And by default,
00:27:49.220
the people who are investing
00:27:50.240
in these Trump accounts
00:27:51.080
are going to benefit as well.
00:27:52.880
Hey, Joe, it's Buck.
00:27:53.500
One more for you here,
00:27:54.900
putting on your macroeconomist hat
00:27:57.860
for a second,
00:27:58.660
and maybe your forecaster,
00:28:00.560
you know,
00:28:01.220
Nostradamus side of things.
00:28:04.460
The AI boom
00:28:05.880
that we're in right now
00:28:06.820
in terms of all the money
00:28:07.860
that's going toward this stuff,
00:28:09.980
are you a believer
00:28:11.000
in sort of the Elon model
00:28:12.440
of this stuff is all real,
00:28:14.120
it's going to change
00:28:14.760
the world we live in,
00:28:15.600
and the productivity gains
00:28:16.600
are going to be stratospheric?
00:28:17.520
Eric, or do you have concerns
00:28:18.700
about a pullback
00:28:19.520
because we might be
00:28:20.860
a little cart
00:28:21.380
before the horse
00:28:22.040
on this stuff?
00:28:23.480
I mean, look,
00:28:24.060
you have a huge equity boom.
00:28:26.640
I mean, you've had
00:28:27.100
a 45% or 40-something percent
00:28:29.960
increase off of the April lows.
00:28:31.680
It was one of the biggest
00:28:32.340
recoveries post-Liberation Day
00:28:34.600
we've ever had
00:28:35.340
following a 15% stock drawdown,
00:28:38.000
and the markets
00:28:38.500
are understandably optimistic
00:28:40.440
about the future
00:28:41.380
that the president
00:28:42.040
has laid forth.
00:28:43.580
That's not to say
00:28:44.160
there won't be corrections
00:28:44.960
along the way,
00:28:45.740
but I think we have to look
00:28:46.760
at the long-term picture
00:28:47.960
and the fact that
00:28:49.160
the U.S. market
00:28:49.960
is so innovative,
00:28:50.940
so dynamic,
00:28:51.620
and U.S. companies
00:28:53.460
are set to thrive.
00:28:54.600
The president has set
00:28:55.620
the field for those
00:28:56.820
companies to thrive,
00:28:57.940
and he's got people
00:28:59.040
in leadership positions,
00:29:00.100
such as the secretary,
00:29:01.040
that are going to make sure
00:29:01.900
that private capital
00:29:02.920
is accessed
00:29:04.540
in the most efficient way,
00:29:06.360
and the AI story
00:29:07.600
is for real.
00:29:08.320
I think it's very important.
00:29:09.480
We're certainly seeing
00:29:10.140
the productivity data,
00:29:11.960
and, you know,
00:29:12.620
could there be,
00:29:13.600
you know,
00:29:14.080
some spending that needs
00:29:15.300
to be cut back here
00:29:16.060
and there, of course,
00:29:16.660
but that's, you know,
00:29:17.440
that's the nature
00:29:18.080
of the cycle,
00:29:18.780
but I think,
00:29:19.400
generally speaking,
00:29:20.640
you know,
00:29:20.800
the optimism that we're
00:29:21.900
seeing in markets
00:29:22.720
is well-placed, Buck,
00:29:24.560
because you're seeing
00:29:25.220
it in the GDP data.
00:29:26.400
You're seeing it
00:29:26.860
in strong CapEx.
00:29:27.780
You're going to see it
00:29:28.400
more on the investment side,
00:29:30.060
especially for factories,
00:29:31.420
because that expensing
00:29:32.320
is only going to last
00:29:33.740
three years,
00:29:34.360
so that's going to see,
00:29:35.420
you're going to see
00:29:35.700
a big boom there,
00:29:36.980
and I do think you are,
00:29:37.960
because inflation
00:29:38.620
will continue to move down.
00:29:40.420
You will see interest rates
00:29:41.700
come down.
00:29:42.580
The Fed should be
00:29:43.340
lowering rates further.
00:29:44.740
That's going to use
00:29:45.440
affordability.
00:29:46.180
It's going to make
00:29:46.580
home buying more accessible
00:29:48.640
to folks,
00:29:50.040
and to me,
00:29:51.600
it's all good news.
00:29:52.400
Maybe I'm too optimistic,
00:29:53.900
but President Trump
00:29:55.180
has had a powerful influence
00:29:57.560
on that.
00:29:58.080
I never want to sell
00:29:58.920
the U.S. economy short.
00:30:00.960
Oh, I think the economy
00:30:01.840
is going to be flying
00:30:03.300
and firing on all cylinders,
00:30:05.460
and like you just said,
00:30:06.400
we're over 5%
00:30:07.380
for the fourth quarter,
00:30:08.960
and, man,
00:30:09.680
if we could get 5% growth
00:30:11.020
in 2026,
00:30:12.080
it would be transformative
00:30:13.140
on so many different levels.
00:30:14.800
Joe, we appreciate the time.
00:30:15.920
Thanks for coming on with us.
00:30:17.480
Thanks, guys.
00:30:18.300
Appreciate being on.
00:30:20.240
Look, I want to tell you,
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00:30:27.940
but it can happen
00:30:28.820
to every one out of four of us
00:30:31.080
one way or the other.
00:30:32.160
Worst part is,
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Keep up with the biggest
00:31:21.360
political comeback
00:31:22.360
in world history
00:31:23.380
on the Team 47 podcast.
00:31:26.140
Clay and Buck highlight
00:31:27.100
Trump replays
00:31:28.100
from the week,
00:31:29.020
Sundays at noon Eastern.
00:31:30.420
Find it on the
00:31:31.140
iHeartRadio app
00:31:32.240
or wherever you get
00:31:33.460
your podcasts.
00:31:35.200
Welcome in.
00:31:36.160
Third hour of
00:31:37.160
Clay and Buck
00:31:37.780
kicks off right now.
00:31:39.480
We've got a lot to
00:31:40.360
dive into with all of you.
00:31:41.740
Want to get some of your
00:31:42.320
talkbacks and calls
00:31:43.100
this hour for sure,
00:31:44.360
so line them up,
00:31:45.920
light them up,
00:31:46.480
get them going.
00:31:47.600
You all know the phone number.
00:31:48.680
The talkback is on
00:31:49.680
the iHeart app.
00:31:51.480
Go to the Clay and Buck page
00:31:52.580
which you should subscribe
00:31:53.540
to for the
00:31:54.260
Clay and Buck podcast
00:31:55.020
network.
00:31:55.960
And also,
00:31:57.640
you can press
00:31:58.280
the little microphone
00:31:58.920
and send us those
00:31:59.680
talkbacks.
00:32:00.540
Clay,
00:32:01.400
something interesting,
00:32:02.240
some breaking news
00:32:03.760
that you have
00:32:04.800
responded to
00:32:07.480
or that you have
00:32:08.020
brought up here.
00:32:08.820
We can get into
00:32:09.380
a little bit more,
00:32:10.200
but it looks like
00:32:11.020
there's some action
00:32:12.860
going on
00:32:13.880
in Fulton County.
00:32:16.580
Yeah,
00:32:17.040
let's get into that
00:32:17.960
here in a sec,
00:32:18.720
Buck,
00:32:18.980
but first,
00:32:19.600
Fed,
00:32:19.940
no change on
00:32:20.780
interest rates.
00:32:21.460
That just happened
00:32:22.440
in the last two minutes
00:32:23.540
or so.
00:32:24.460
For those of you
00:32:25.140
out there,
00:32:26.220
stock market
00:32:27.140
not moving very much.
00:32:28.520
You mentioned
00:32:28.880
the S&P 500
00:32:29.840
hit a new high today
00:32:31.060
and it did.
00:32:31.820
It's down
00:32:32.280
a little bit,
00:32:33.420
but just FYI.
00:32:33.880
It's kind of a
00:32:34.320
no news,
00:32:34.940
breaking news situation
00:32:36.180
with that one.
00:32:37.360
Like,
00:32:37.560
yeah,
00:32:37.960
status quo.
00:32:39.460
Nothing changed.
00:32:40.880
That's the expectation,
00:32:41.980
but yes,
00:32:42.460
I just want to put that
00:32:43.300
out there to the extent
00:32:44.180
somebody's sitting around
00:32:45.120
and they're like,
00:32:45.480
what's going to happen
00:32:46.080
with the Fed rates?
00:32:47.000
Why didn't Clay and Buck
00:32:47.840
tell us?
00:32:48.300
Well,
00:32:48.400
there you go.
00:32:48.860
All right,
00:32:49.120
now Atlanta.
00:32:50.160
Yeah.
00:32:51.500
Clay,
00:32:52.220
believe it or not,
00:32:52.820
not everyone in this
00:32:54.660
audience is at a
00:32:55.300
Bloomberg terminal
00:32:56.320
doing the buy-sell thing
00:32:58.340
like Gordon Gekko
00:32:59.340
back in the 80s.
00:33:00.060
I'm obsessed with
00:33:00.400
what interest rates are
00:33:02.020
because I think
00:33:02.660
it's actually
00:33:03.340
the most important thing
00:33:04.740
when it comes to
00:33:05.640
unfreezing our housing market
00:33:07.540
and until we get back down
00:33:09.840
to reasonable 5% rates
00:33:11.580
on mortgages,
00:33:12.340
I don't think things
00:33:13.140
are going to change a lot,
00:33:14.020
but we do have
00:33:15.280
this major FBI
00:33:17.600
raid going on
00:33:18.520
right now
00:33:19.060
and you've got
00:33:19.960
I think some of you
00:33:20.940
will find this
00:33:21.440
more exciting news,
00:33:22.640
but that depends,
00:33:23.700
depends on whether
00:33:24.320
or not you're
00:33:25.020
making magic happen
00:33:27.300
on Wall Street.
00:33:28.200
Here we have
00:33:29.060
FBI agents
00:33:31.780
seen carrying out
00:33:33.240
a search warrant
00:33:34.100
at an election hub
00:33:35.860
in Fulton County, Georgia
00:33:38.060
and this is
00:33:40.340
obviously
00:33:41.700
related
00:33:43.160
based on the
00:33:44.260
reporting
00:33:44.680
to 2020.
00:33:46.980
It is now
00:33:47.760
2026
00:33:48.340
and we're doing
00:33:50.380
some
00:33:50.960
going to look
00:33:52.260
into the 2020
00:33:52.840
situation.
00:33:54.100
It is not
00:33:55.040
immediately clear
00:33:55.880
for sure
00:33:56.700
what they're looking at,
00:33:57.700
but Fox News
00:33:58.380
and others
00:33:58.880
are reporting
00:33:59.640
that it's
00:34:01.320
probably
00:34:01.940
having to do
00:34:02.620
with the 2020 election.
00:34:03.520
I think that's a safe bet.
00:34:04.520
I don't think
00:34:05.380
they're just going
00:34:05.980
into a Fulton County.
00:34:07.580
Of all the possible
00:34:08.800
election places
00:34:10.060
to be sending
00:34:10.780
the FBI
00:34:11.320
right now,
00:34:12.660
the one that was
00:34:13.860
more at the center
00:34:14.940
of the 2020
00:34:16.140
stop the steal
00:34:17.680
conversations
00:34:18.480
than any other,
00:34:19.060
oh wow,
00:34:19.780
I guess you're allowed
00:34:20.560
to say these things now.
00:34:21.380
Remember when you were
00:34:21.860
actually banned
00:34:22.520
from even talking?
00:34:23.260
I truly mean this.
00:34:24.120
You were banned
00:34:24.580
on YouTube.
00:34:25.080
I can't even
00:34:27.100
remember all the rules.
00:34:28.120
Facebook too.
00:34:29.240
If you talked
00:34:29.900
about stolen election,
00:34:31.620
you could get kicked
00:34:32.300
off of social media
00:34:33.140
and that's very
00:34:34.860
interesting because
00:34:35.640
they did that
00:34:36.320
for COVID stuff
00:34:37.420
and we found out
00:34:37.960
they were wrong.
00:34:39.060
So people like me
00:34:39.820
were getting booted
00:34:41.540
and shut down
00:34:42.340
by YouTube and others
00:34:43.240
for saying things like
00:34:44.280
masks don't work
00:34:45.420
to stop the spread,
00:34:46.120
which of course
00:34:46.540
they don't
00:34:47.540
and all this stuff.
00:34:49.780
Now we may have
00:34:50.700
an interesting situation
00:34:51.560
where more facts
00:34:52.560
will come out
00:34:52.980
about 2020
00:34:53.560
based on the investigation
00:34:54.720
and we will once again
00:34:55.760
have to revisit
00:34:56.480
what is disinformation
00:34:57.800
and just what is
00:34:59.100
the powerful
00:34:59.640
using their power
00:35:01.480
to shut down
00:35:02.520
dissent conversation
00:35:03.760
questions,
00:35:04.520
all of that.
00:35:05.720
Clay,
00:35:06.060
we don't have
00:35:06.900
anything on this
00:35:07.920
right now.
00:35:08.540
The DOJ did not
00:35:09.520
comment on it directly
00:35:10.900
but stuff's
00:35:14.860
going to heat up
00:35:15.580
in Fulton County, Georgia.
00:35:17.120
I don't think
00:35:17.440
they'd send the FBI
00:35:18.280
in there
00:35:19.060
unless they were
00:35:20.020
at least
00:35:20.440
they had some idea
00:35:21.780
of what they were
00:35:22.300
looking for.
00:35:23.760
Yeah, look,
00:35:24.320
I think that
00:35:26.760
increasingly
00:35:27.600
even for people
00:35:29.080
that wanted
00:35:30.320
to pretend
00:35:30.920
nothing happened,
00:35:32.340
the 2020 election
00:35:33.580
is like a steroids
00:35:35.240
in baseball
00:35:36.040
era
00:35:36.940
where you look
00:35:38.140
at the number
00:35:38.800
and 81 million votes
00:35:41.180
for Joe Biden
00:35:42.060
makes a lot of people
00:35:43.660
say,
00:35:44.200
hmm,
00:35:45.040
because you go look
00:35:46.460
at what happened
00:35:47.640
with Trump
00:35:48.200
in 2016,
00:35:49.400
2020,
00:35:50.140
2024,
00:35:51.360
every one of those
00:35:52.320
elections,
00:35:52.800
his support grew
00:35:53.900
and then you go back
00:35:55.300
and you look
00:35:55.820
and you say,
00:35:56.360
wait a minute,
00:35:57.360
Joe Biden
00:35:57.840
got way more votes
00:35:59.020
than Hillary
00:35:59.580
in 2016
00:36:00.460
and Kamala
00:36:01.640
in 2024.
00:36:03.240
What's actually
00:36:04.060
going on here?
00:36:05.220
Now,
00:36:05.620
here is the challenge.
00:36:07.240
Buck,
00:36:07.540
we are sitting
00:36:08.240
at,
00:36:09.080
what is it,
00:36:10.080
over five years
00:36:11.860
since the 2020 election
00:36:14.000
and I understand
00:36:15.880
a lot of people
00:36:16.500
out there
00:36:16.960
want there to be
00:36:18.060
some consequences
00:36:19.080
for this.
00:36:20.580
The statutes
00:36:21.720
of limitation
00:36:22.480
are becoming
00:36:23.600
huge barriers
00:36:25.660
to bringing charges
00:36:27.120
in cases
00:36:27.980
such as these
00:36:28.940
and I think
00:36:30.420
as we go forward
00:36:31.520
that's going to become
00:36:32.680
even more
00:36:33.440
and more
00:36:34.040
the case
00:36:34.720
and so
00:36:35.880
I don't know
00:36:36.760
what they're looking at
00:36:37.960
in particular here.
00:36:39.800
I would love to know
00:36:40.860
maybe there's
00:36:42.840
some involvement
00:36:43.660
relating to
00:36:44.800
the Fannie Willis
00:36:45.800
investigation.
00:36:47.020
Remember the charges
00:36:48.100
that were brought
00:36:48.840
in Georgia.
00:36:50.620
Trump won Georgia
00:36:52.040
in 2016.
00:36:53.760
Trump won Georgia
00:36:55.080
in 2024
00:36:56.120
and I think
00:36:57.680
a lot of people
00:36:58.200
look at 2020
00:36:59.060
and say
00:36:59.920
what happened
00:37:00.960
in that election
00:37:02.360
and
00:37:03.420
so
00:37:04.960
we'll see
00:37:05.560
if anything
00:37:06.000
comes out of this.
00:37:07.040
All we know
00:37:07.600
is again
00:37:08.260
reports that the FBI
00:37:09.500
is conducting a raid
00:37:11.020
in Fulton County
00:37:12.140
and
00:37:13.480
we don't know
00:37:15.100
anything beyond that.
00:37:16.520
I get you
00:37:17.000
the following
00:37:17.840
voter fraud
00:37:18.740
five-year statute
00:37:19.720
campaign finance
00:37:20.920
violations
00:37:21.540
five-year statute
00:37:22.680
you know
00:37:25.360
there's
00:37:25.860
mail fraud
00:37:27.500
I think
00:37:29.260
there's a whole
00:37:30.060
bunch of these
00:37:30.540
things that
00:37:31.080
would not be
00:37:32.560
eligible
00:37:33.640
based on
00:37:34.540
being time barred
00:37:35.960
but maybe
00:37:36.760
there's
00:37:37.280
you know
00:37:38.100
by the way
00:37:38.940
there's a whole
00:37:39.400
lot of stuff
00:37:39.980
and we saw
00:37:40.440
this used
00:37:40.880
against Trump
00:37:41.340
maybe there's
00:37:42.040
you know
00:37:42.220
conspiracy to
00:37:43.120
deprive rights
00:37:43.960
and you get
00:37:44.340
into some
00:37:44.620
civil rights
00:37:45.500
thing
00:37:45.860
and there's
00:37:46.380
a lot
00:37:46.660
of ways
00:37:47.200
there's a lot
00:37:48.600
of ways
00:37:49.140
that if the
00:37:50.060
people making
00:37:50.680
the decisions
00:37:51.420
about charging
00:37:52.140
want to get
00:37:52.680
you
00:37:52.840
they can get
00:37:54.020
you
00:37:54.220
so
00:37:55.020
we'll see
00:37:55.520
where this
00:37:55.860
goes
00:37:56.220
I honestly
00:37:58.480
I have low
00:37:59.880
I'm just going
00:38:00.620
to tell you
00:38:01.020
I have low
00:38:01.780
expectations
00:38:02.360
and this is
00:38:03.720
also where I
00:38:04.520
get into
00:38:04.760
trouble
00:38:05.000
but I'm
00:38:05.460
right
00:38:05.700
because
00:38:06.500
just like
00:38:07.340
in other
00:38:07.580
things like
00:38:08.040
this
00:38:08.240
where I've
00:38:08.500
said
00:38:08.720
oh
00:38:09.500
the JFK
00:38:10.300
files
00:38:10.840
they're going
00:38:11.200
to release
00:38:11.580
the JFK
00:38:12.280
files
00:38:12.640
we're going
00:38:12.940
to find
00:38:13.320
out all
00:38:13.720
the truth
00:38:14.260
all the
00:38:14.600
it's like
00:38:15.040
guys
00:38:15.300
I was in
00:38:15.760
the CIA
00:38:16.160
okay
00:38:16.800
trust me
00:38:17.540
if there was
00:38:18.180
really cool
00:38:18.640
stuff in
00:38:19.000
the JFK
00:38:19.500
files
00:38:19.920
someone would
00:38:20.740
have left
00:38:20.960
the CIA
00:38:21.440
and written
00:38:21.960
a book
00:38:22.240
about it
00:38:22.680
and gotten
00:38:22.920
rich
00:38:23.240
okay
00:38:23.540
there's nothing
00:38:24.760
that fascinating
00:38:25.820
there might
00:38:26.160
be a little
00:38:26.540
thing here
00:38:26.960
a little
00:38:27.200
thing there
00:38:27.740
but if
00:38:28.520
it's that
00:38:28.980
juicy a
00:38:29.640
secret
00:38:29.940
it doesn't
00:38:30.700
stay secret
00:38:31.360
that long
00:38:32.020
it's really
00:38:32.960
hard to do
00:38:33.780
and especially
00:38:35.620
when you got
00:38:36.040
all these
00:38:36.320
different people
00:38:36.860
that have
00:38:37.580
these theories
00:38:38.120
and conspiracies
00:38:38.660
I know
00:38:39.040
people are going
00:38:39.420
to yell
00:38:39.620
at me
00:38:39.760
for this
00:38:40.040
I like it
00:38:40.520
yell at me
00:38:40.960
Clay's not
00:38:41.360
the only one
00:38:41.720
who likes
00:38:41.980
when you yell
00:38:42.420
at him
00:38:42.580
I like it
00:38:43.000
too
00:38:43.240
but
00:38:44.560
on this
00:38:45.180
one Clay
00:38:45.580
oh what
00:38:47.160
they just
00:38:47.680
kept the
00:38:48.160
they kept
00:38:48.840
the
00:38:49.120
the microfilm
00:38:50.620
or they
00:38:51.220
kept the
00:38:51.780
videotape
00:38:52.500
microfilm
00:38:53.220
spy stuff
00:38:53.740
they kept
00:38:54.320
the videotape
00:38:55.100
that has
00:38:55.620
the poll workers
00:38:56.780
like stuffing
00:38:57.520
the ballots
00:38:58.160
and some
00:38:58.620
come on
00:38:59.320
it's been
00:39:00.280
six years
00:39:00.940
they've had
00:39:01.540
plenty of time
00:39:02.020
to clean
00:39:02.320
this up
00:39:02.640
this is my
00:39:03.040
concern
00:39:03.340
this is always
00:39:03.760
my concern
00:39:04.140
about the
00:39:04.400
Epstein
00:39:04.680
stuff too
00:39:05.140
by the
00:39:05.720
way
00:39:06.140
it doesn't
00:39:07.640
just stick
00:39:07.980
around
00:39:08.400
they don't
00:39:08.840
just keep
00:39:09.220
the smoking
00:39:09.680
gun
00:39:10.120
listed
00:39:11.100
and bagged
00:39:12.720
up as
00:39:13.240
smoking
00:39:13.660
gun
00:39:14.080
I do
00:39:15.560
think
00:39:16.080
on
00:39:16.780
Atlanta
00:39:17.440
in
00:39:17.860
particular
00:39:18.500
something
00:39:20.500
something
00:39:21.480
is
00:39:22.200
look
00:39:22.660
we've got
00:39:23.000
a big
00:39:23.360
election
00:39:23.760
that's
00:39:24.060
coming up
00:39:24.460
a Senate
00:39:24.820
race
00:39:25.180
that's
00:39:25.440
going to
00:39:25.640
happen
00:39:25.900
in
00:39:26.140
Georgia
00:39:26.480
and
00:39:27.500
Atlanta
00:39:28.140
is
00:39:28.800
it
00:39:29.120
seems
00:39:29.480
to me
00:39:29.960
a place
00:39:30.740
where
00:39:31.200
a lot
00:39:32.100
of
00:39:32.380
untoward
00:39:33.300
aspects
00:39:33.820
of
00:39:34.520
elections
00:39:35.040
have been
00:39:35.500
allowed
00:39:35.780
to take
00:39:36.140
place
00:39:36.500
I think
00:39:36.800
that's
00:39:37.040
fair
00:39:37.280
to say
00:39:37.780
and
00:39:39.260
again
00:39:40.060
I just
00:39:40.620
come back
00:39:41.100
to
00:39:41.500
poor
00:39:42.000
Brady
00:39:42.360
Anderson
00:39:42.760
maybe
00:39:43.100
he's
00:39:43.340
out
00:39:43.520
there
00:39:43.700
listening
00:39:44.080
but
00:39:44.460
Brady
00:39:44.840
Anderson
00:39:45.240
was a
00:39:45.640
guy
00:39:45.920
who
00:39:46.480
hit
00:39:46.680
50
00:39:47.120
home
00:39:47.400
runs
00:39:47.780
out of
00:39:48.220
nowhere
00:39:48.540
and
00:39:49.100
suddenly
00:39:49.500
you know
00:39:50.200
he looked
00:39:50.580
like Popeye
00:39:51.360
when he was
00:39:51.920
in the
00:39:52.360
batter's
00:39:52.740
box
00:39:53.080
and
00:39:54.440
everybody
00:39:54.840
said
00:39:55.220
yeah
00:39:55.580
you know
00:39:56.140
maybe
00:39:56.600
something's
00:39:57.040
going
00:39:57.200
on
00:39:57.460
here
00:39:57.700
I
00:39:57.940
think
00:39:58.140
the
00:39:58.280
81
00:39:58.620
million
00:39:59.020
is
00:39:59.280
increasingly
00:39:59.880
difficult
00:40:00.460
to
00:40:00.780
justify
00:40:01.200
even
00:40:01.860
for
00:40:02.360
reasonable
00:40:03.380
rational
00:40:03.960
people
00:40:04.460
will
00:40:05.420
there
00:40:05.680
be
00:40:05.940
consequences
00:40:06.740
though
00:40:07.120
this is
00:40:07.480
where
00:40:07.640
you
00:40:07.840
and
00:40:07.980
I
00:40:08.140
agree
00:40:08.560
I
00:40:09.220
think
00:40:09.580
we're
00:40:10.080
over
00:40:10.420
five
00:40:10.820
years
00:40:11.160
from
00:40:11.400
that
00:40:11.620
election
00:40:12.100
I
00:40:12.740
think
00:40:12.960
the
00:40:13.120
consequences
00:40:13.760
frankly
00:40:14.300
were
00:40:14.680
Trump
00:40:15.040
came
00:40:15.300
back
00:40:15.580
in
00:40:15.880
won
00:40:16.180
the
00:40:16.340
popular
00:40:16.780
vote
00:40:17.220
swept
00:40:17.640
to
00:40:17.840
a
00:40:18.000
commanding
00:40:18.500
victory
00:40:18.860
in
00:40:19.120
2024
00:40:19.600
I
00:40:20.660
think
00:40:20.940
you
00:40:21.160
have
00:40:21.440
to
00:40:21.640
accept
00:40:22.120
that
00:40:22.620
as
00:40:23.220
the
00:40:23.540
ultimate
00:40:24.000
consequence
00:40:24.700
because
00:40:25.260
everything
00:40:26.340
that he's
00:40:26.740
been able
00:40:27.060
to implement
00:40:27.740
since
00:40:28.460
is far
00:40:29.920
more
00:40:30.140
impactful
00:40:30.560
and
00:40:31.180
I
00:40:31.780
will
00:40:32.040
say
00:40:32.380
Trump
00:40:32.820
in
00:40:33.120
2024
00:40:33.880
winning
00:40:34.860
that
00:40:35.180
election
00:40:35.580
is
00:40:36.100
more
00:40:36.320
powerful
00:40:36.800
than
00:40:37.140
Trump
00:40:37.480
would
00:40:37.660
have
00:40:37.820
been
00:40:38.380
if
00:40:38.680
Trump
00:40:38.960
had
00:40:39.100
won
00:40:39.380
in
00:40:39.560
2020
00:40:40.000
now
00:40:40.540
the
00:40:41.200
border
00:40:41.500
wouldn't
00:40:41.800
have
00:40:41.920
been
00:40:42.080
wide
00:40:42.400
open
00:40:42.720
they
00:40:42.900
wouldn't
00:40:43.180
have
00:40:43.280
gotten
00:40:43.540
10
00:40:43.840
million
00:40:44.160
illegals
00:40:44.780
I
00:40:44.940
don't
00:40:45.060
think
00:40:45.200
we
00:40:45.320
ever
00:40:45.500
would
00:40:45.680
have
00:40:45.740
hit
00:40:45.880
9%
00:40:46.520
inflation
00:40:47.160
all
00:40:47.920
those
00:40:48.200
things
00:40:48.640
but
00:40:49.400
I
00:40:49.540
think
00:40:49.720
Trump
00:40:50.080
this
00:40:50.500
term
00:40:51.000
is
00:40:51.300
far
00:40:51.540
more
00:40:51.760
powerful
00:40:52.240
than
00:40:52.500
he
00:40:52.620
would
00:40:52.800
have
00:40:52.880
been
00:40:53.080
if
00:40:53.240
he
00:40:53.340
had
00:40:53.440
won
00:40:53.700
in
00:40:53.880
2020
00:40:54.380
and
00:40:55.240
so
00:40:55.480
ultimately
00:40:56.020
that's
00:40:56.540
the
00:40:56.720
revenge
00:40:57.200
that
00:40:57.460
I
00:40:57.620
think
00:40:57.880
is
00:40:58.080
the
00:40:58.240
most
00:40:58.460
satisfying
00:40:59.120
is
00:40:59.760
that
00:41:00.620
victory
00:41:01.120
and
00:41:01.820
we'll
00:41:02.480
see
00:41:02.680
how
00:41:02.840
that
00:41:03.040
goes
00:41:03.380
to
00:41:04.540
me
00:41:04.760
the
00:41:04.980
biggest
00:41:05.940
thing
00:41:06.180
when you're
00:41:06.380
talking
00:41:06.600
about
00:41:06.760
elections
00:41:07.240
and
00:41:07.380
election
00:41:07.700
integrity
00:41:08.400
is
00:41:08.900
making
00:41:10.040
sure
00:41:10.340
that
00:41:10.480
they're
00:41:10.620
secure
00:41:10.920
going
00:41:11.180
forward
00:41:11.620
and
00:41:12.620
I
00:41:13.020
haven't
00:41:13.520
seen
00:41:14.000
a lot
00:41:14.640
of
00:41:15.100
action
00:41:16.240
on
00:41:16.540
that
00:41:16.940
one
00:41:17.580
of
00:41:17.680
the
00:41:17.760
challenges
00:41:18.160
of
00:41:18.420
course
00:41:18.620
is
00:41:18.760
that
00:41:18.880
in
00:41:19.000
Democrat
00:41:19.280
controlled
00:41:19.740
states
00:41:20.200
they
00:41:20.460
don't
00:41:20.920
want
00:41:21.120
voter
00:41:21.400
ID
00:41:21.700
and
00:41:22.080
they
00:41:22.180
don't
00:41:22.300
want
00:41:22.560
any
00:41:22.740
accountability
00:41:23.160
and
00:41:23.520
they
00:41:23.620
want
00:41:23.780
to
00:41:23.860
make
00:41:24.040
it
00:41:24.160
as
00:41:24.300
wide
00:41:24.640
open
00:41:24.960
and
00:41:25.100
easy
00:41:25.320
as
00:41:25.620
you know
00:41:26.160
they
00:41:26.260
want
00:41:26.420
to
00:41:26.520
treat
00:41:26.640
voting
00:41:26.960
like
00:41:27.140
they
00:41:27.260
treated
00:41:27.440
the
00:41:27.640
border
00:41:27.900
a total
00:41:28.300
mess
00:41:28.600
of
00:41:28.740
lawlessness
00:41:29.220
where
00:41:29.520
there's
00:41:29.640
no
00:41:29.800
accountability
00:41:30.240
and
00:41:30.640
no
00:41:30.800
one
00:41:30.920
can
00:41:31.040
know
00:41:31.180
what's
00:41:31.340
going
00:41:31.520
on
00:41:31.820
or
00:41:32.700
except
00:41:32.880
they
00:41:33.100
know
00:41:33.220
what's
00:41:33.380
on
00:41:33.780
which
00:41:33.940
is
00:41:34.100
the
00:41:34.360
destruction
00:41:34.760
of
00:41:34.960
the
00:41:35.040
whole
00:41:35.160
system
00:41:35.460
so
00:41:36.120
I
00:41:36.360
think
00:41:36.760
on
00:41:37.220
this
00:41:37.440
one
00:41:37.800
like
00:41:39.120
I
00:41:39.240
said
00:41:39.380
I
00:41:39.660
wouldn't
00:41:39.920
hold
00:41:40.880
your
00:41:41.040
hopes
00:41:42.220
out
00:41:43.960
or
00:41:44.120
up
00:41:44.340
do
00:41:44.520
you
00:41:44.540
hold
00:41:44.680
them
00:41:44.780
out
00:41:44.980
or
00:41:45.080
up
00:41:45.340
I
00:41:47.240
wouldn't
00:41:47.420
get
00:41:47.600
your hopes
00:41:47.740
up
00:41:48.500
hold out
00:41:50.500
your hopes
00:41:50.980
what do
00:41:51.400
you do
00:41:51.520
with
00:41:51.620
your
00:41:51.740
hopes
00:41:51.960
point
00:41:52.360
is
00:41:52.660
I
00:41:52.840
wouldn't
00:41:53.140
get
00:41:53.280
too
00:41:53.440
excited
00:41:53.760
about
00:41:54.020
this
00:41:54.240
one
00:41:54.540
based
00:41:55.160
on
00:41:55.260
what
00:41:55.320
we've
00:41:55.400
seen
00:41:55.560
so
00:41:55.800
far
00:41:56.200
they
00:41:57.440
have
00:41:57.740
some
00:41:57.960
reason
00:41:58.240
for
00:41:58.460
this
00:41:58.680
they're
00:41:58.860
going
00:41:58.960
to
00:41:59.020
look
00:41:59.180
and
00:41:59.320
see
00:41:59.500
what
00:41:59.720
they
00:42:00.460
might
00:42:00.720
find
00:42:01.080
some
00:42:01.280
interesting
00:42:01.580
information
00:42:02.120
but
00:42:02.380
I'll
00:42:02.760
tell
00:42:02.900
you
00:42:03.020
this
00:42:03.340
doesn't
00:42:04.620
matter
00:42:04.800
what
00:42:05.020
they
00:42:05.180
find
00:42:05.400
they
00:42:05.580
could
00:42:05.760
have
00:42:05.920
a
00:42:06.080
video
00:42:06.480
that
00:42:07.160
they
00:42:07.320
find
00:42:07.900
of
00:42:08.620
Democrat
00:42:10.060
operatives
00:42:10.580
sitting
00:42:10.840
around
00:42:11.120
laughing
00:42:11.540
as they
00:42:11.940
twirl
00:42:12.160
their
00:42:12.360
mustaches
00:42:12.900
about
00:42:13.140
how
00:42:13.300
they
00:42:13.460
stole
00:42:13.740
the
00:42:13.920
election
00:42:14.220
in
00:42:14.460
Georgia
00:42:14.740
for
00:42:15.400
Joe
00:42:15.800
Biden
00:42:16.140
not
00:42:17.220
a
00:42:17.360
single
00:42:17.600
Democrat
00:42:17.960
will
00:42:18.200
believe
00:42:18.480
it
00:42:18.680
as
00:42:19.080
it
00:42:19.180
happens
00:42:19.420
under
00:42:19.580
this
00:42:19.740
administration
00:42:20.140
not
00:42:20.360
one
00:42:20.620
just
00:42:21.660
get
00:42:22.440
ready
00:42:22.640
for
00:42:22.800
that
00:42:23.020
doesn't
00:42:23.460
matter
00:42:23.640
that
00:42:24.080
you
00:42:24.300
want
00:42:24.580
to
00:42:24.640
talk
00:42:24.780
smoking
00:42:25.120
gun
00:42:25.420
they
00:42:25.820
could
00:42:26.020
find
00:42:26.320
an
00:42:26.480
actual
00:42:26.940
smoking
00:42:27.400
gun
00:42:27.800
and
00:42:28.520
they
00:42:28.620
could
00:42:28.740
find
00:42:29.100
video
00:42:29.660
that
00:42:30.240
says
00:42:30.680
like
00:42:30.980
this
00:42:31.200
is
00:42:31.320
exactly
00:42:31.660
what
00:42:31.840
happened
00:42:32.160
and
00:42:32.620
they
00:42:33.140
still
00:42:33.380
clay
00:42:33.680
do you
00:42:33.940
disagree
00:42:34.300
that
00:42:34.640
the
00:42:34.860
Democrats
00:42:35.300
would
00:42:35.480
say
00:42:35.640
40%
00:42:37.260
of
00:42:37.460
Democrats
00:42:37.880
thought
00:42:38.420
that
00:42:38.600
Trump
00:42:38.880
actually
00:42:39.480
hacked
00:42:39.820
voting
00:42:40.160
machines
00:42:40.660
with
00:42:40.900
Russia's
00:42:41.340
help
00:42:41.640
in
00:42:42.360
2016
00:42:42.920
I
00:42:43.520
actually
00:42:44.060
think
00:42:44.600
what
00:42:44.820
it
00:42:44.960
might
00:42:45.400
create
00:42:45.880
is
00:42:46.420
maybe
00:42:46.780
we'll
00:42:47.100
get
00:42:47.400
more
00:42:47.800
honest
00:42:48.300
reporting
00:42:48.960
from
00:42:49.660
a variety
00:42:50.240
of
00:42:50.500
sources
00:42:50.900
because
00:42:51.400
in order
00:42:52.200
to get
00:42:52.680
the
00:42:52.920
warrant
00:42:53.280
you
00:42:53.560
have
00:42:53.820
to
00:42:53.940
have
00:42:54.120
provided
00:42:54.580
some
00:42:54.940
form
00:42:55.280
of
00:42:55.420
probable
00:42:55.820
cause
00:42:56.260
that
00:42:56.440
a
00:42:56.560
crime
00:42:56.860
might
00:42:57.140
have
00:42:57.280
occurred
00:42:57.700
I
00:42:58.580
would
00:42:58.740
like
00:42:58.940
to
00:42:59.120
everything
00:42:59.920
gets
00:43:00.340
leaked
00:43:00.680
all
00:43:01.000
the
00:43:01.180
time
00:43:01.580
Buck
00:43:02.320
I
00:43:02.840
would
00:43:02.980
like
00:43:03.180
to
00:43:03.340
know
00:43:03.620
what
00:43:04.000
the
00:43:04.460
warrant
00:43:05.100
says
00:43:05.580
and
00:43:05.840
what
00:43:06.040
they're
00:43:06.260
searching
00:43:06.640
for
00:43:06.960
let me
00:43:07.160
give
00:43:07.280
you
00:43:07.360
a
00:43:07.480
positive
00:43:07.840
news
00:43:08.140
story
00:43:08.520
that
00:43:09.060
doesn't
00:43:09.360
have
00:43:09.500
anything
00:43:09.660
to do
00:43:09.960
with
00:43:10.080
the
00:43:10.220
Fed
00:43:10.520
Pam
00:43:11.320
Bondi
00:43:11.680
just
00:43:11.940
posted
00:43:12.360
that
00:43:12.600
we
00:43:12.740
have
00:43:12.920
arrested
00:43:13.340
16
00:43:14.220
Minnesota
00:43:14.820
rioters
00:43:15.620
for
00:43:16.140
allegedly
00:43:16.620
assaulting
00:43:17.360
federal
00:43:18.000
law
00:43:18.360
enforcement
00:43:18.860
they're
00:43:19.920
posting
00:43:20.260
all the
00:43:20.660
photos
00:43:21.100
of
00:43:21.500
those
00:43:21.820
arrests
00:43:22.380
and
00:43:23.820
she
00:43:24.280
says
00:43:24.580
there's
00:43:24.860
more
00:43:25.100
to
00:43:25.260
come
00:43:25.580
I
00:43:25.740
mean
00:43:25.820
I
00:43:25.920
think
00:43:26.060
a lot
00:43:26.340
of
00:43:26.460
you
00:43:26.620
are
00:43:26.800
with
00:43:27.000
me
00:43:27.240
and
00:43:27.400
saying
00:43:27.700
it
00:43:28.100
seems
00:43:28.280
like
00:43:28.440
there's
00:43:28.620
a lot
00:43:28.860
more
00:43:29.040
than
00:43:29.240
16
00:43:29.640
people
00:43:30.000
that
00:43:30.220
have
00:43:30.360
been
00:43:30.520
rioting
00:43:31.440
but
00:43:32.040
that
00:43:32.580
is
00:43:32.740
at
00:43:32.940
least
00:43:33.140
a
00:43:33.400
positive
00:43:33.860
story
00:43:34.540
and
00:43:35.280
she
00:43:35.420
says
00:43:35.640
we
00:43:35.820
expect
00:43:36.240
more
00:43:36.580
riot
00:43:37.040
arrests
00:43:38.500
to
00:43:38.960
come
00:43:39.260
and
00:43:39.380
they
00:43:39.480
are
00:43:39.600
posting
00:43:40.000
all
00:43:40.720
of
00:43:40.880
the
00:43:41.020
mugshots
00:43:45.620
this
00:43:45.740
is
00:43:45.900
part
00:43:46.140
of
00:43:46.260
the
00:43:46.380
compromise
00:43:46.860
that
00:43:47.300
was
00:43:47.480
put
00:43:47.680
in
00:43:47.860
place
00:43:48.260
since
00:43:48.700
Tom
00:43:48.980
Holman
00:43:49.260
is
00:43:49.420
there
00:43:49.680
that
00:43:50.360
they
00:43:50.960
are
00:43:51.160
able
00:43:51.520
to
00:43:51.760
now
00:43:52.040
go
00:43:52.420
and
00:43:52.820
arrest
00:43:53.220
people
00:43:53.540
who
00:43:53.760
are
00:43:53.940
violating
00:43:54.480
and
00:43:54.800
rioting
00:43:55.400
surrounding
00:43:56.220
these
00:43:56.520
incidents
00:43:56.960
it
00:43:57.540
is
00:43:57.740
it
00:43:57.920
is
00:43:58.060
a step
00:43:58.320
in the
00:43:58.480
right
00:43:58.600
direction
00:43:58.940
do you
00:43:59.180
want me
00:43:59.440
to hit
00:43:59.660
the
00:43:59.780
womp
00:44:00.060
womp
00:44:00.260
button
00:44:00.480
or
00:44:00.640
you
00:44:00.720
want
00:44:00.840
me
00:44:00.920
to
00:44:01.020
hold
00:44:01.160
off
00:44:01.440
oh
00:44:02.060
poor
00:44:02.460
womp
00:44:02.860
womp
00:44:03.240
I
00:44:04.380
mean
00:44:04.520
the
00:44:04.680
womp
00:44:04.960
womp
00:44:05.240
that
00:44:05.380
happens
00:44:05.780
my
00:44:06.140
friends
00:44:06.540
is
00:44:07.860
they're
00:44:08.300
going
00:44:08.440
to be
00:44:08.600
prosecuted
00:44:09.200
guess
00:44:09.440
where
00:44:09.740
in
00:44:10.220
Minnesota
00:44:10.580
they're
00:44:11.740
going
00:44:11.860
to be
00:44:12.040
released
00:44:12.500
and
00:44:12.700
there's
00:44:12.900
not
00:44:13.080
going
00:44:13.200
to be
00:44:13.360
any
00:44:13.540
serious
00:44:13.940
consequences
00:44:14.560
for
00:44:14.920
them
00:44:15.120
I
00:44:15.260
feel
00:44:15.440
confident
00:44:15.840
that
00:44:16.040
you
00:44:16.180
are
00:44:16.340
correct
00:44:16.660
there
00:44:16.920
womp
00:44:17.760
womp
00:44:18.360
womp
00:44:19.460
but
00:44:19.960
still
00:44:20.560
the
00:44:20.740
right
00:44:20.900
move
00:44:21.320
still
00:44:21.900
the
00:44:22.100
right
00:44:22.300
move
00:44:22.760
gotta
00:44:23.280
do
00:44:23.440
what
00:44:23.580
you
00:44:23.660
gotta
00:44:23.820
do
00:44:24.680
our
00:44:24.920
look
00:44:25.180
speaking
00:44:25.860
of
00:44:26.000
right
00:44:26.180
moves
00:44:26.400
owning
00:44:26.620
gold
00:44:26.960
is
00:44:27.160
a
00:44:27.260
right
00:44:27.420
move
00:44:27.720
that's
00:44:27.960
a
00:44:28.060
smart
00:44:28.300
one
00:44:28.560
it's
00:44:29.060
no
00:44:29.200
longer
00:44:29.500
reserved
00:44:29.880
for
00:44:36.540
some
00:44:36.660
gold
00:44:36.980
last
00:44:37.280
few
00:44:37.440
days
00:44:37.660
it
00:44:37.760
arrived
00:44:38.160
courtesy
00:44:38.880
of
00:44:39.040
my
00:44:39.180
friends
00:44:39.480
at
00:44:39.720
the
00:44:39.880
Birch
00:44:40.280
Gold
00:44:40.620
Group
00:44:40.880
I
00:44:41.060
mean
00:44:41.300
I
00:44:41.400
bought
00:44:41.660
it
00:44:41.820
but
00:44:42.000
they
00:44:42.200
sent
00:44:42.380
it
00:44:42.480
to
00:44:42.580
me
00:44:42.720
and
00:44:43.480
I'm
00:44:43.800
a
00:44:43.880
big
00:44:44.000
believer
00:44:44.300
in
00:44:44.500
having
00:44:46.460
gold
00:44:46.760
I
00:44:46.960
have
00:44:47.140
had
00:44:47.300
it
00:44:47.380
for
00:44:47.500
many
00:44:47.660
years
00:44:48.040
and
00:44:48.240
guess
00:44:48.380
what
00:44:48.640
the
00:44:49.640
money
00:44:49.820
that
00:44:49.960
I
00:44:50.040
spent
00:44:50.200
on
00:44:50.360
gold
00:44:50.700
was
00:44:51.840
well
00:44:52.080
spent
00:44:52.340
because
00:44:52.580
it's
00:44:52.780
a
00:44:52.840
whole
00:44:52.960
lot
00:44:53.100
more
00:44:53.260
valuable
00:44:53.560
now
00:44:53.820
than
00:44:53.940
when
00:44:54.040
I
00:44:54.140
bought
00:44:54.340
it
00:44:54.500
and
00:44:55.460
that
00:44:55.720
continues
00:44:56.140
to
00:44:56.280
be
00:45:06.540
way
00:45:06.660
an
00:45:06.780
old
00:45:06.940
401k
00:45:07.580
or
00:45:07.760
IRA
00:45:08.160
and
00:45:08.540
transition
00:45:09.060
that
00:45:09.540
into
00:45:10.080
a
00:45:10.300
gold
00:45:10.640
IRA
00:45:11.080
or
00:45:11.320
401k
00:45:12.140
and
00:45:12.700
Birch
00:45:12.920
Gold
00:45:13.100
can
00:45:13.260
help
00:45:13.420
you
00:45:13.540
roll
00:45:13.740
that
00:45:13.960
IRA
00:45:14.260
or
00:45:14.480
401k
00:45:15.140
and
00:45:16.240
you'll
00:45:16.780
be
00:45:16.880
eligible
00:45:17.160
for
00:45:17.360
a
00:45:17.500
rebate
00:45:17.780
of
00:45:17.900
$10,000
00:45:18.820
so
00:45:19.940
it's
00:45:20.420
your
00:45:20.580
turn
00:45:20.800
to
00:45:20.920
buy
00:45:21.060
some
00:45:21.260
gold
00:45:21.520
until
00:45:21.760
February
00:45:22.180
1st
00:45:22.640
this
00:45:22.800
Sunday
00:45:23.120
your
00:45:23.660
first
00:45:23.980
time
00:45:24.220
gold
00:45:24.460
buyer
00:45:24.740
Birch
00:45:25.080
Gold
00:45:25.260
is
00:45:25.420
offering
00:45:25.700
that
00:45:25.880
rebate
00:45:26.220
of
00:45:26.300
$10,000
00:45:27.160
on
00:45:27.560
qualifying
00:45:28.060
purchases
00:45:28.560
to
00:45:29.120
claim
00:45:29.320
eligibility
00:45:29.700
and
00:45:30.020
start
00:45:30.180
the
00:45:30.320
process
00:45:30.720
text
00:45:31.060
my
00:45:31.320
name
00:45:31.620
buck
00:45:32.020
to
00:45:32.460
98
00:45:32.860
98
00:45:33.300
98
00:45:33.780
make
00:45:34.360
right
00:45:34.640
now
00:45:34.920
your
00:45:35.180
time
00:45:35.640
to
00:45:35.800
buy
00:45:36.000
gold
00:45:36.300
take
00:45:36.540
advantage
00:45:36.840
of
00:45:37.000
that
00:45:37.160
rebate
00:45:37.980
text
00:45:38.300
my
00:45:38.520
name
00:45:38.740
B-U-C-K
00:45:39.500
to
00:45:39.720
98
00:45:40.280
98
00:45:40.860
98
00:45:41.300
text
00:45:41.660
buck
00:45:41.980
to
00:45:42.160
98
00:45:42.660
98
00:45:43.100
98
00:45:43.700
You
00:45:44.700
know
00:45:44.920
them
00:45:45.100
as
00:45:45.420
conservative
00:45:46.080
radio
00:45:46.560
hosts
00:45:47.040
now
00:45:47.640
just
00:45:47.940
get
00:45:48.140
to
00:45:48.300
know
00:45:48.420
them
00:45:48.600
as
00:45:48.900
guys
00:45:49.720
on
00:45:50.200
the
00:45:50.420
Sunday
00:45:50.840
hang
00:45:51.320
podcast
00:45:51.820
with
00:45:52.300
Clay
00:45:52.640
and
00:45:52.820
Buck
00:45:53.080
find
00:45:53.620
it
00:45:53.780
in
00:45:54.000
their
00:45:54.160
podcast
00:45:54.780
feed
00:45:55.080
on
00:45:55.240
the
00:45:55.360
iHeart
00:46:00.020
for
00:46:00.240
more
00:46:00.640
more
00:46:01.080
out of
00:46:01.260
themselves
00:46:01.720
their
00:46:02.080
businesses
00:46:02.540
their
00:46:03.000
elected
00:46:03.300
leaders
00:46:03.660
and
00:46:04.100
the
00:46:04.240
world
00:46:04.420
around
00:46:04.680
them
00:46:04.880
and
00:46:05.180
that's
00:46:05.420
why
00:46:05.520
we're
00:46:05.700
thrilled
00:46:06.020
to
00:46:06.220
introduce
00:46:06.680
the
00:46:07.040
honest
00:46:07.400
talk
00:46:07.720
podcast
00:46:08.380
I'm
00:46:09.020
Jennifer
00:46:09.300
Stewart
00:46:09.720
and
00:46:10.080
I'm
00:46:10.280
Catherine
00:46:10.620
Clark
00:46:10.940
and
00:46:11.360
in
00:46:11.480
this
00:46:11.660
podcast
00:46:12.160
we
00:46:12.480
interview
00:46:12.820
Canada's
00:46:13.320
most
00:46:13.600
inspiring
00:46:14.200
women
00:46:14.600
entrepreneurs
00:46:15.180
artists
00:46:16.080
athletes
00:46:16.740
politicians
00:46:17.360
and
00:46:17.760
newsmakers
00:46:18.260
all at
00:46:18.920
different
00:46:19.200
stages
00:46:19.560
of their
00:46:20.080
journey
00:46:20.420
so
00:46:20.920
if
00:46:21.200
you're
00:46:21.480
looking
00:46:21.720
to
00:46:21.900
connect
00:46:22.260
then
00:46:22.620
we
00:46:22.740
hope
00:46:22.940
you'll
00:46:23.120
join
00:46:23.360
us
00:46:23.720
listen
00:46:24.060
to
00:46:24.220
the
00:46:24.340
honest
00:46:24.600
talk
00:46:24.800
podcast
00:46:25.320
and
00:46:25.500
iHeart
00:46:25.920
radio
00:46:26.260
or
00:46:26.540
wherever
00:46:26.860
you
00:46:27.080
listen
00:46:27.280
to
00:46:27.380
your
00:46:27.500
podcasts
00:46:28.020
we
00:46:29.580
are
00:46:29.780
joined
00:46:30.120
now
00:46:30.480
by
00:46:30.860
Mark
00:46:31.240
Halperin
00:46:31.760
who's
00:46:32.040
got
00:46:32.160
a great
00:46:32.540
show
00:46:33.140
two-way
00:46:34.040
that he
00:46:34.420
debates
00:46:34.840
a lot
00:46:35.180
of
00:46:35.300
different
00:46:35.600
issues
00:46:35.980
on
00:46:36.260
and
00:46:36.360
we
00:46:36.500
were
00:46:36.680
on
00:46:37.000
Buck
00:46:37.240
and
00:46:37.340
I
00:46:37.520
were
00:46:37.760
with
00:46:38.020
him
00:46:38.380
earlier
00:46:39.480
this
00:46:39.940
week
00:46:40.340
and
00:46:41.100
we'll
00:46:41.260
get
00:46:41.460
into
00:46:41.860
Buck's
00:46:42.440
knowledge
00:46:43.260
of
00:46:43.560
sports
00:46:44.000
or
00:46:44.200
lack
00:46:44.500
thereof
00:46:45.200
in
00:46:45.600
a
00:46:45.860
bit
00:46:46.320
but
00:46:47.620
Mark
00:46:47.900
you've
00:46:48.340
covered
00:46:48.640
politics
00:46:49.160
for a
00:46:49.540
long
00:46:49.740
time
00:46:50.020
you wrote
00:46:50.400
the
00:46:50.600
best-selling
00:46:51.080
book
00:46:51.480
Game
00:46:52.280
Change
00:46:52.700
which
00:46:52.980
turned
00:46:53.240
into
00:46:53.520
an
00:46:53.760
entire
00:46:54.140
movie
00:46:54.580
and
00:46:54.980
sold
00:46:55.300
hundreds
00:46:56.700
of
00:46:57.000
thousands
00:46:57.360
if not
00:46:57.720
a million
00:46:58.080
copies
00:46:58.520
or more
00:46:59.000
how would
00:47:00.420
you assess
00:47:01.100
the first
00:47:01.840
year of
00:47:02.480
Trump
00:47:02.840
2.0
00:47:03.880
and what
00:47:04.700
do you
00:47:05.040
see as
00:47:05.480
the challenges
00:47:06.120
as we
00:47:06.720
move into
00:47:07.400
Trump
00:47:08.420
2026
00:47:09.880
the second
00:47:10.460
year
00:47:10.840
well that's
00:47:12.980
like a
00:47:13.220
doctoral
00:47:13.540
dissertation
00:47:14.180
but I'll
00:47:14.980
do my
00:47:15.560
best
00:47:15.880
I think
00:47:17.080
that
00:47:17.340
there's
00:47:18.060
no denying
00:47:18.700
we'd like
00:47:19.080
the president
00:47:19.520
or not
00:47:19.960
he's been
00:47:20.340
very active
00:47:20.980
and I
00:47:21.420
think
00:47:21.700
history
00:47:22.060
is going
00:47:22.380
to record
00:47:23.160
and no
00:47:23.440
one's
00:47:23.620
really
00:47:24.000
captured
00:47:24.440
this
00:47:24.780
if I
00:47:25.300
had
00:47:25.420
time
00:47:25.600
I'd
00:47:25.780
do
00:47:25.840
a
00:47:25.960
book
00:47:26.140
on it
00:47:26.420
the
00:47:26.900
four
00:47:27.140
years
00:47:27.440
off
00:47:27.860
was
00:47:28.540
an
00:47:28.820
extraordinary
00:47:29.300
blessing
00:47:29.860
for the
00:47:30.680
president
00:47:30.940
to get
00:47:31.260
stuff
00:47:31.540
done
00:47:31.780
he was
00:47:33.040
a little
00:47:33.220
busy
00:47:33.520
being
00:47:33.760
indicted
00:47:34.180
but he
00:47:34.520
had
00:47:34.700
time
00:47:35.020
to
00:47:35.280
put
00:47:35.780
a
00:47:35.920
team
00:47:36.120
together
00:47:36.580
he
00:47:36.860
named
00:47:37.180
his
00:47:37.360
cabinet
00:47:37.660
much
00:47:37.960
earlier
00:47:38.260
than
00:47:38.440
most
00:47:38.640
presidents
00:47:39.080
do
00:47:39.380
think
00:47:40.060
about
00:47:40.300
what
00:47:40.480
he
00:47:40.580
wanted
00:47:40.780
to
00:47:40.920
do
00:47:41.040
think
00:47:41.260
about
00:47:41.440
the
00:47:41.560
mistakes
00:47:41.980
from
00:47:42.160
the
00:47:42.280
first
00:47:50.340
this
00:47:51.120
is
00:47:51.260
a
00:47:51.420
refreshed
00:47:51.960
energetic
00:47:52.580
group
00:47:52.900
we
00:47:53.020
talked
00:47:53.240
yesterday
00:47:53.860
about
00:47:54.900
Scott
00:47:55.280
Bessett
00:47:55.700
and the
00:47:56.480
view
00:47:56.640
you
00:47:56.780
have
00:47:57.200
shared
00:47:57.500
universally
00:47:58.160
that he's
00:47:58.880
just a
00:47:59.160
rock star
00:47:59.620
of this
00:47:59.820
administration
00:48:00.260
he didn't
00:48:01.000
serve in
00:48:01.620
the last
00:48:01.940
term
00:48:02.160
he's not
00:48:02.520
tired
00:48:02.980
after four
00:48:03.860
years
00:48:04.120
as treasury
00:48:04.480
secretary
00:48:04.860
he's
00:48:05.200
revved
00:48:05.540
up
00:48:05.840
so I
00:48:06.640
think
00:48:06.840
the
00:48:07.060
energy
00:48:07.480
and the
00:48:08.040
thoughtfulness
00:48:08.920
and the
00:48:09.180
planning
00:48:09.600
not all
00:48:10.360
words
00:48:10.640
you always
00:48:11.100
associate
00:48:11.500
with a
00:48:11.860
Trump
00:48:12.060
operation
00:48:12.580
are
00:48:12.940
right
00:48:13.520
there
00:48:13.900
as a
00:48:15.100
main
00:48:15.360
driver
00:48:15.840
of how
00:48:16.480
much
00:48:16.660
he's
00:48:16.840
gotten
00:48:17.080
done
00:48:17.400
I
00:48:18.120
think
00:48:18.280
there's
00:48:18.540
three
00:48:18.760
big
00:48:19.000
challenges
00:48:19.480
in
00:48:20.440
2026
00:48:21.100
for them
00:48:22.060
to continue
00:48:22.520
to try
00:48:22.800
to get
00:48:23.100
things
00:48:23.420
done
00:48:23.880
separate
00:48:25.900
from
00:48:26.180
whether
00:48:26.500
he makes
00:48:27.080
the
00:48:27.200
real
00:48:27.340
lives
00:48:27.560
of
00:48:27.680
real
00:48:27.820
people
00:48:28.080
better
00:48:28.320
the
00:48:28.480
biggest
00:48:28.740
challenges
00:48:29.140
particularly
00:48:29.840
on the
00:48:30.120
economy
00:48:30.480
number
00:48:31.080
one
00:48:31.420
is
00:48:31.720
how's
00:48:32.060
he
00:48:32.120
going
00:48:32.240
to
00:48:32.320
pass
00:48:32.600
anything
00:48:33.040
how's
00:48:33.760
he
00:48:33.820
going
00:48:33.920
to
00:48:33.960
get
00:48:34.100
60
00:48:34.460
votes
00:48:34.760
in
00:48:34.880
the
00:48:35.020
senate
00:48:35.200
for
00:48:35.420
anything
00:48:35.780
because
00:48:36.060
he's
00:48:36.240
so
00:48:36.400
alienated
00:48:37.000
the
00:48:37.160
democrats
00:48:37.520
and
00:48:37.880
the
00:48:38.320
way
00:48:38.420
the
00:48:38.580
Senate
00:48:38.740
rules
00:48:38.960
work
00:48:39.200
that's
00:48:39.560
got
00:48:39.780
to
00:48:39.880
happen
00:48:40.120
too
00:48:40.400
is
00:48:41.220
China
00:48:41.680
and
00:48:42.520
the
00:48:42.700
trouble
00:48:43.140
of
00:48:43.460
getting
00:48:43.680
leverage
00:48:44.020
over
00:48:44.260
China
00:48:44.600
it's
00:48:44.940
just
00:48:45.160
a
00:48:45.520
perennial
00:48:46.200
problem
00:48:46.580
for
00:48:46.740
every
00:48:47.000
president
00:48:47.400
and
00:48:47.900
I
00:48:48.000
don't
00:48:48.080
think
00:48:48.240
they
00:48:48.380
figured
00:48:48.660
that
00:48:48.880
out
00:48:49.020
yet
00:48:49.180
and
00:48:49.400
then
00:48:49.540
lastly
00:48:49.860
the
00:48:50.060
midterms
00:48:50.540
they
00:48:50.660
just
00:48:50.860
loom
00:48:51.120
over
00:48:51.340
everything
00:48:51.760
as
00:48:52.360
much
00:48:52.560
as
00:48:52.660
they
00:48:52.780
don't
00:48:52.900
want
00:48:53.040
to
00:48:53.100
have
00:48:53.200
to
00:48:53.280
spend
00:48:53.480
every
00:48:53.700
day
00:48:53.860
thinking
00:48:54.160
about
00:48:54.420
that
00:48:54.600
they
00:48:54.780
do
00:48:55.100
so
00:48:55.800
those
00:48:56.020
are
00:48:56.120
the
00:48:56.280
orientation
00:48:57.340
of
00:48:57.900
as
00:48:58.100
you
00:48:58.220
think
00:48:58.380
about
00:48:58.580
how's
00:48:58.920
the
00:48:59.040
president
00:48:59.300
going
00:48:59.520
to
00:48:59.600
continue
00:48:59.920
to
00:49:00.100
get
00:49:00.700
stuff
00:49:01.060
on
00:49:01.220
his
00:49:01.380
to
00:49:01.520
do
00:49:01.640
list
00:49:01.920
done
00:49:02.240
when
00:49:06.800
you
00:49:07.000
actually
00:49:07.420
break
00:49:07.840
down
00:49:08.200
everything
00:49:08.760
that
00:49:09.240
is
00:49:09.400
going
00:49:09.740
forward
00:49:10.340
you
00:49:11.540
laid
00:49:11.800
out
00:49:11.980
the
00:49:12.160
challenges
00:49:12.700
there
00:49:13.200
Trump
00:49:14.440
basically
00:49:14.900
decided
00:49:15.540
that
00:49:15.780
he
00:49:15.900
didn't
00:49:16.340
want
00:49:16.800
to
00:49:17.440
fire
00:49:18.900
anybody
00:49:19.660
largely
00:49:20.400
in
00:49:20.700
2.0
00:49:21.300
because
00:49:21.520
I
00:49:21.700
think
00:49:21.840
he
00:49:21.980
thought
00:49:22.300
that
00:49:22.520
he
00:49:22.680
overdid
00:49:23.340
it
00:49:23.480
in
00:49:23.680
1.0
00:49:24.560
how
00:49:25.160
does
00:49:25.320
that
00:49:25.480
play
00:49:25.780
going
00:49:26.080
forward
00:49:26.440
with
00:49:26.660
Kristi
00:49:27.020
Noem
00:49:27.280
do
00:49:27.460
you
00:49:27.540
think
00:49:27.720
he's
00:49:27.880
going
00:49:27.980
to
00:49:28.020
make
00:49:28.180
any
00:49:28.360
moves
00:49:28.740
how
00:49:29.020
would
00:49:29.220
you
00:49:29.400
assess
00:49:29.860
when
00:49:30.100
the
00:49:30.700
gets
00:49:30.880
ratcheted
00:49:31.380
up
00:49:31.660
we've
00:49:31.860
kind
00:49:31.980
of
00:49:32.060
seen
00:49:32.260
the
00:49:32.420
media
00:49:32.640
bounce
00:49:33.020
from
00:49:33.240
one
00:49:33.520
to
00:49:33.740
another
00:49:34.220
in
00:49:35.280
the
00:49:35.420
year
00:49:35.740
so
00:49:36.200
far
00:49:36.600
what
00:49:36.860
happens
00:49:37.180
going
00:49:37.420
forward
00:49:37.860
I
00:49:39.000
mean
00:49:39.320
I
00:49:40.160
reported
00:49:40.600
last
00:49:40.980
night
00:49:41.320
that
00:49:41.680
he's
00:49:42.160
not
00:49:42.460
going
00:49:42.660
to
00:49:42.860
stay
00:49:44.480
the
00:49:45.160
first lady
00:49:45.700
likes
00:49:46.100
her
00:49:46.320
I
00:49:46.580
was
00:49:46.840
told
00:49:47.260
the
00:49:48.720
dynamic
00:49:49.360
you
00:49:49.580
said
00:49:49.740
the
00:49:49.880
president
00:49:50.140
is
00:49:50.260
not
00:49:50.500
inclined
00:49:50.760
to
00:49:50.900
get
00:49:51.040
rid
00:49:51.240
of
00:49:51.360
people
00:49:51.700
but
00:49:53.020
he
00:49:53.260
publicly
00:49:53.640
also
00:49:53.980
said
00:49:54.360
she
00:49:54.960
was
00:49:55.440
staying
00:49:55.720
on
00:49:56.000
now
00:49:57.760
he
00:49:57.920
could
00:49:58.060
fire
00:49:58.260
her
00:49:58.400
during
00:49:58.580
this
00:49:58.740
conversation
00:49:59.300
because
00:49:59.620
it's
00:49:59.840
Donald
00:50:00.100
Trump
00:50:00.420
so
00:50:00.600
anything
00:50:00.820
could
00:50:01.360
happen
00:50:01.700
but
00:50:01.980
my
00:50:02.580
inclination
00:50:03.500
is to
00:50:03.920
say
00:50:04.160
that
00:50:04.400
she's
00:50:05.040
going
00:50:05.160
to
00:50:05.240
be
00:50:05.380
less
00:50:05.700
visible
00:50:06.180
as far
00:50:06.720
at
00:50:06.880
this
00:50:07.060
hour
00:50:07.380
as we
00:50:07.720
speak
00:50:07.940
I
00:50:08.080
don't
00:50:08.200
believe
00:50:08.380
she's
00:50:08.640
done
00:50:08.780
any
00:50:09.020
TV
00:50:09.400
since
00:50:09.840
the
00:50:10.120
home
00:50:10.300
announcement
00:50:10.800
that
00:50:11.060
he
00:50:11.160
was
00:50:11.300
going
00:50:11.440
to
00:50:11.920
take
00:50:12.420
over
00:50:12.660
be
00:50:12.840
the
00:50:13.000
face
00:50:13.240
of
00:50:13.360
this
00:50:13.500
and
00:50:13.620
go
00:50:13.720
to
00:50:13.840
Minneapolis
00:50:14.260
and
00:50:14.980
I
00:50:15.080
think
00:50:15.320
she's
00:50:15.900
got
00:50:16.020
a
00:50:16.100
big
00:50:16.260
job
00:50:16.580
she's
00:50:16.820
got
00:50:17.000
all
00:50:17.320
of
00:50:17.500
DHS
00:50:18.060
that's
00:50:18.440
more
00:50:18.620
than
00:50:28.740
she
00:50:29.740
was
00:50:29.900
told
00:50:30.140
to
00:50:30.320
say
00:50:30.480
all
00:50:30.620
these
00:50:30.800
things
00:50:31.000
all
00:50:31.140
these
00:50:31.320
things
00:50:31.560
the
00:50:31.680
members
00:50:31.880
of
00:50:32.040
Congress
00:50:32.340
are
00:50:32.540
pissed
00:50:32.800
about
00:50:33.080
her
00:50:33.200
saying
00:50:33.480
over
00:50:33.660
the
00:50:33.800
weekend
00:50:34.160
the
00:50:34.640
White
00:50:34.780
has
00:50:34.940
told
00:50:35.220
her
00:50:35.340
to
00:50:35.460
say
00:50:35.560
it
00:50:37.760
and
00:50:37.840
told
00:50:38.000
her
00:50:38.120
she
00:50:38.640
did
00:50:38.780
a
00:50:38.880
great
00:50:39.040
job
00:50:39.360
so
00:50:39.560
I
00:50:39.940
don't
00:50:40.040
think
00:50:40.180
she's
00:50:40.380
interested
00:50:40.600
in being
00:50:40.820
a
00:50:40.980
fall
00:50:41.180
guy
00:50:41.440
or
00:50:41.660
gal
00:50:42.020
or
00:50:42.580
this
00:50:42.780
stuff
00:50:43.100
and
00:50:43.240
if
00:50:43.700
I
00:50:43.840
were
00:50:43.960
betting
00:50:44.320
I
00:50:44.520
bet
00:50:44.780
she'll
00:50:45.300
be
00:50:45.420
around
00:50:45.700
for
00:50:45.900
a
00:50:46.020
while
00:50:46.200
she
00:50:46.360
likes
00:50:46.660
her
00:50:46.840
job
00:50:47.280
and
00:50:48.080
it's
00:50:49.160
a big
00:50:49.360
job
00:50:49.600
and
00:50:49.700
there's
00:50:49.860
plenty
00:50:50.060
to do
00:50:50.380
besides
00:50:50.800
be the
00:50:51.400
spokesperson
00:50:52.180
Mark
00:50:52.960
I gotta
00:50:53.280
say
00:50:53.540
I think
00:50:53.980
it's
00:50:54.380
definitely
00:50:56.180
telling
00:50:56.680
that
00:50:57.760
her
00:50:58.040
defense
00:50:58.740
involves
00:50:59.500
I said
00:51:00.060
the
00:51:00.220
not
00:51:00.440
true
00:51:00.680
things
00:51:01.060
that
00:51:01.200
have
00:51:01.320
caused
00:51:01.560
a
00:51:01.700
huge
00:51:01.880
problem
00:51:02.260
because
00:51:02.580
I
00:51:02.880
was
00:51:03.020
told
00:51:03.260
to
00:51:03.460
say
00:51:03.660
them
00:51:03.920
as
00:51:04.620
if
00:51:04.860
there's
00:51:05.100
not
00:51:05.300
the
00:51:05.480
option
00:51:05.860
for
00:51:06.340
I'm
00:51:07.000
just
00:51:07.180
not
00:51:07.420
going
00:51:07.700
to
00:51:07.880
say
00:51:08.100
them
00:51:08.320
100%
00:51:11.420
and
00:51:11.700
if
00:51:12.480
there's
00:51:12.680
a lesson
00:51:13.060
they need
00:51:13.460
to learn
00:51:13.960
it's
00:51:14.680
that
00:51:14.880
there's
00:51:15.220
just
00:51:15.420
no
00:51:15.640
mileage
00:51:16.000
in
00:51:16.160
going
00:51:18.080
the
00:51:18.320
momentary
00:51:19.200
fight
00:51:19.540
on
00:51:19.720
X
00:51:20.020
about
00:51:20.260
to
00:51:20.460
define
00:51:20.860
what
00:51:21.440
happened
00:51:21.800
just
00:51:22.100
say
00:51:22.580
what
00:51:22.740
Holman
00:51:22.940
said
00:51:23.160
we need
00:51:23.660
an
00:51:23.780
investigation
00:51:24.240
this is
00:51:24.780
unfortunate
00:51:25.280
let's
00:51:26.120
have an
00:51:26.560
investigation
00:51:27.020
and the
00:51:27.780
suspension
00:51:28.200
of the
00:51:28.660
officers
00:51:29.300
who were
00:51:29.760
involved
00:51:30.300
putting
00:51:31.180
them
00:51:31.360
on
00:51:31.560
leave
00:51:31.860
is
00:51:32.840
the
00:51:32.980
right
00:51:33.180
thing
00:51:33.380
to
00:51:33.560
do
00:51:33.820
it's
00:51:34.120
standard
00:51:34.600
and
00:51:34.960
that's
00:51:35.800
how
00:51:35.900
they
00:51:36.020
should
00:51:36.160
have
00:51:36.260
handled
00:51:36.460
it
00:51:36.620
so
00:51:36.760
she
00:51:37.200
needs
00:51:37.460
to
00:51:37.600
learn
00:51:37.740
that
00:51:37.900
lesson
00:51:38.140
for
00:51:38.320
sure
00:51:38.480
so
00:51:38.820
does
00:51:39.440
Stephen
00:51:40.580
Miller
00:51:40.900
in the
00:51:41.580
White
00:51:41.760
House
00:51:41.980
so
00:51:42.100
does
00:51:42.220
the
00:51:42.380
president
00:51:42.760
it
00:51:48.080
I gotta
00:51:48.480
say
00:51:48.760
I'm
00:51:48.940
still
00:51:49.180
very
00:51:49.780
much
00:51:50.620
of
00:51:50.780
the
00:51:50.880
mind
00:51:51.280
that
00:51:51.640
they
00:51:51.940
can't
00:51:52.420
we
00:51:52.540
haven't
00:51:52.720
even
00:51:52.840
gotten
00:51:53.020
into
00:51:53.240
this
00:51:53.440
really
00:51:53.660
yet
00:51:53.860
on
00:51:53.940
the
00:51:54.040
show
00:51:54.240
we'll
00:51:54.380
get
00:51:54.480
into
00:51:54.580
the
00:51:54.700
third
00:51:54.860
hour
00:51:55.200
but
00:51:55.420
Mark
00:51:55.680
this
00:51:55.840
is
00:51:55.940
an
00:51:56.060
opportunity
00:51:56.380
to
00:51:56.540
bring
00:51:56.720
up
00:51:56.980
that
00:51:57.780
you've
00:51:58.100
got
00:51:58.520
in
00:51:59.200
New
00:51:59.380
York
00:51:59.620
City
00:52:00.040
a
00:52:00.760
bunch
00:52:01.100
of
00:52:01.460
these
00:52:01.880
maniac
00:52:02.720
65
00:52:03.260
anti-ice
00:52:03.980
protesters
00:52:04.640
were
00:52:04.940
arrested
00:52:05.380
they were
00:52:06.280
occupying
00:52:06.840
the
00:52:07.000
lobby
00:52:07.300
of a
00:52:07.640
Hilton
00:52:07.960
hotel
00:52:08.540
reportedly
00:52:09.140
housing
00:52:09.700
ICE
00:52:10.020
agents
00:52:10.360
so
00:52:10.520
this
00:52:11.160
madness
00:52:11.920
in
00:52:18.080
think
00:52:18.320
the
00:52:18.600
administration
00:52:19.260
should
00:52:20.420
or will
00:52:21.160
balance
00:52:21.940
the
00:52:22.800
optics
00:52:23.300
of
00:52:23.500
Minneapolis
00:52:23.980
with
00:52:24.580
they're
00:52:24.800
going
00:52:25.000
into
00:52:25.280
a
00:52:25.440
midterm
00:52:25.780
election
00:52:26.160
cycle
00:52:26.640
and
00:52:27.140
if
00:52:27.280
Trump
00:52:27.500
doesn't
00:52:27.880
continue
00:52:28.240
to
00:52:28.420
deliver
00:52:28.700
on
00:52:28.860
the
00:52:28.960
deportations
00:52:29.720
that
00:52:29.900
in
00:52:30.000
a
00:52:30.320
large
00:52:30.580
part
00:52:30.900
I
00:52:31.040
think
00:52:31.220
help
00:52:31.500
get
00:52:31.680
him
00:52:31.800
elected
00:52:32.180
the
00:52:32.800
base
00:52:33.180
is
00:52:33.320
going
00:52:33.440
to
00:52:33.500
be
00:52:33.620
pretty
00:52:33.840
unhappy
00:52:34.300
100%
00:52:35.460
and
00:52:35.720
I
00:52:36.120
know
00:52:36.300
the
00:52:36.440
president's
00:52:36.840
political
00:52:37.100
advisors
00:52:37.460
are
00:52:37.660
talking
00:52:37.940
about
00:52:38.160
this
00:52:38.340
you
00:52:38.740
can't
00:52:39.080
win
00:52:39.200
the
00:52:39.340
election
00:52:39.680
in
00:52:40.160
the
00:52:40.260
midterms
00:52:40.640
if
00:52:40.740
the
00:52:40.860
base
00:52:41.100
is
00:52:41.240
unhappy
00:52:41.600
and
00:52:42.460
the
00:52:42.880
independents
00:52:43.860
are
00:52:44.000
turned
00:52:44.220
off
00:52:44.520
your
00:52:44.960
immigration
00:52:45.360
policy
00:52:45.840
right
00:52:46.040
they've
00:52:46.220
got to
00:52:46.460
solve
00:52:46.620
both
00:52:46.920
of
00:52:47.040
those
00:52:47.200
simultaneously
00:52:47.760
there
00:52:48.400
are
00:52:48.480
many
00:52:48.660
pieces
00:52:49.100
to
00:52:49.320
how
00:52:49.460
to
00:52:49.580
fix
00:52:49.840
it
00:52:50.020
one
00:52:50.440
is
00:52:50.640
you've
00:52:51.120
seen
00:52:51.300
this
00:52:51.500
even
00:52:51.720
even
00:52:52.040
as
00:52:52.200
the
00:52:52.320
president
00:52:52.600
has
00:52:52.860
de-escalated
00:52:54.720
in
00:52:54.880
his
00:52:55.100
word
00:52:55.420
and
00:52:55.920
they're
00:52:56.160
still
00:52:56.380
emphasizing
00:52:56.960
the
00:52:57.460
fundamentals
00:52:57.960
of
00:52:58.280
the
00:52:58.440
immigration
00:52:59.680
policies
00:53:00.360
that
00:53:00.880
are
00:53:01.080
popular
00:53:01.700
that
00:53:01.900
help
00:53:02.080
the
00:53:02.220
president
00:53:02.500
win
00:53:02.800
I
00:53:03.220
think
00:53:03.380
there's
00:53:03.620
one
00:53:03.940
thing
00:53:04.180
and
00:53:04.320
Stephen
00:53:04.580
Miller
00:53:04.840
highlighted
00:53:05.340
this
00:53:05.560
yesterday
00:53:05.920
and
00:53:06.080
I
00:53:06.160
think
00:53:06.300
anybody
00:53:07.160
who's
00:53:07.760
ever
00:53:07.980
covered
00:53:08.520
a
00:53:08.660
protest
00:53:08.980
as a
00:53:09.320
reporter
00:53:09.640
or
00:53:09.860
been
00:53:10.060
to
00:53:10.220
one
00:53:10.460
or
00:53:10.820
more
00:53:11.320
than
00:53:11.480
protest
00:53:11.880
activists
00:53:12.580
want
00:53:13.200
to
00:53:13.320
interfere
00:53:13.640
they
00:53:14.320
need
00:53:14.720
some
00:53:14.940
combination
00:53:15.420
of
00:53:15.640
federal
00:53:15.960
force
00:53:16.500
and
00:53:16.780
state
00:53:17.060
and
00:53:17.200
local
00:53:17.480
to
00:53:18.280
create
00:53:19.680
free
00:53:20.340
speech
00:53:20.660
zones
00:53:21.020
and
00:53:21.660
to
00:53:21.880
keep
00:53:22.680
people
00:53:23.100
who
00:53:23.240
want
00:53:23.400
to
00:53:23.480
interfere
00:53:23.820
with
00:53:24.040
their
00:53:24.160
investigations
00:53:24.780
and
00:53:25.140
their
00:53:25.260
operations
00:53:26.280
from
00:53:26.980
interfering
00:53:27.480
every
00:53:28.200
time I
00:53:28.540
watch
00:53:28.800
these
00:53:29.040
videos
00:53:29.480
of the
00:53:30.080
two
00:53:30.280
people
00:53:30.560
who
00:53:30.720
died
00:53:31.040
same
00:53:31.880
thing
00:53:32.120
comes
00:53:32.460
into
00:53:32.640
my
00:53:32.820
head
00:53:33.000
from
00:53:33.140
the
00:53:33.240
very
00:53:33.400
first
00:53:33.640
time
00:53:33.840
why
00:53:34.360
are
00:53:34.500
they
00:53:34.620
allowed
00:53:34.860
to
00:53:35.000
get
00:53:35.140
so
00:53:35.340
close
00:53:35.780
they
00:53:36.240
shouldn't
00:53:36.660
be
00:53:36.840
allowed
00:53:37.100
to
00:53:37.220
get
00:53:37.340
so
00:53:37.460
close
00:53:37.660
but
00:53:38.080
the
00:53:38.320
men
00:53:38.880
and
00:53:39.080
women
00:53:39.280
who
00:53:39.480
are
00:53:39.580
doing
00:53:39.800
the
00:53:39.960
actual
00:53:40.340
operations
00:53:41.280
of
00:53:41.520
seizing
00:53:41.940
people
00:53:42.360
for
00:53:42.920
purposes
00:53:43.420
of
00:53:43.640
deportation
00:53:44.240
they
00:53:44.660
can't
00:53:44.980
also
00:53:45.200
do
00:53:45.420
crowd
00:53:45.700
control
00:53:46.100
that's
00:53:46.640
what's
00:53:46.840
caused
00:53:47.180
this
00:53:47.500
right
00:53:47.760
they're
00:53:48.280
trying
00:53:48.720
to
00:53:48.840
both
00:53:49.040
be
00:53:49.340
operators
00:53:49.900
and
00:53:50.220
crowd
00:53:50.520
controllers
00:53:50.960
and
00:53:51.240
so
00:53:51.440
they
00:53:51.920
either
00:53:52.120
need
00:53:52.300
to
00:53:52.400
get
00:53:52.580
the
00:53:52.720
governor
00:53:53.000
and
00:53:53.160
the
00:53:53.260
mayor
00:53:53.480
and
00:53:53.620
the
00:53:53.740
county
00:53:54.080
to
00:53:54.580
do
00:53:54.800
these
00:53:55.060
things
00:53:55.300
whether
00:53:55.500
it's
00:53:55.700
in
00:53:55.820
Minneapolis
00:53:56.200
or
00:53:56.480
any
00:53:56.620
place
00:53:56.880
else
00:53:57.140
or
00:53:57.800
as
00:53:58.220
Stephen
00:53:58.840
Miller
00:53:59.060
says
00:53:59.480
was
00:53:59.680
the
00:53:59.840
policy
00:54:00.300
some
00:54:01.080
of
00:54:01.240
these
00:54:01.440
colleagues
00:54:01.860
need
00:54:02.080
to
00:54:02.160
be
00:54:02.280
broken
00:54:02.540
off
00:54:02.820
and
00:54:02.960
just
00:54:03.140
say
00:54:03.360
you're
00:54:04.300
crowd
00:54:04.580
control
00:54:04.940
you're
00:54:05.440
creating
00:54:05.740
the
00:54:05.920
perimeter
00:54:06.300
if
00:54:07.060
I
00:54:07.220
go
00:54:07.340
as
00:54:07.440
a
00:54:07.580
journalist
00:54:07.880
to
00:54:08.240
cover
00:54:08.500
something
00:54:08.800
like
00:54:09.020
that
00:54:09.220
I
00:54:09.540
can't
00:54:09.840
walk
00:54:10.080
right
00:54:10.320
up
00:54:10.460
to
00:54:10.580
the
00:54:10.680
ICE
00:54:10.900
officers
00:54:11.380
who
00:54:11.820
are
00:54:11.940
interdicting
00:54:12.560
border
00:54:13.500
patrol
00:54:13.960
somebody
00:54:14.420
is
00:54:14.560
going to
00:54:14.760
stop
00:54:14.980
me
00:54:15.100
somebody
00:54:15.280
is
00:54:15.380
going
00:54:15.460
to
00:54:15.540
set
00:54:15.700
up
00:54:15.820
a
00:54:15.940
perimeter
00:54:16.280
they
00:54:16.780
just
00:54:17.040
need
00:54:17.280
to
00:54:17.380
do
00:54:17.540
that
00:54:17.740
I
00:54:17.860
think
00:54:18.020
that
00:54:18.140
will
00:54:18.220
go
00:54:18.420
a
00:54:18.880
long
00:54:19.100
way
00:54:19.320
towards
00:54:19.540
not
00:54:19.780
only
00:54:20.080
keeping
00:54:20.620
bad
00:54:21.200
things
00:54:21.460
from
00:54:21.600
happening
00:54:22.000
both
00:54:22.640
to
00:54:22.880
agents
00:54:23.400
and
00:54:23.780
to
00:54:23.940
civilians
00:54:24.860
but
00:54:25.860
also
00:54:26.360
create
00:54:27.220
less
00:54:27.440
of a
00:54:27.680
copycat
00:54:28.340
right
00:54:28.720
because
00:54:29.020
why
00:54:29.400
are
00:54:29.520
there
00:54:29.620
copycats
00:54:30.160
because
00:54:30.360
all
00:54:30.760
this
00:54:30.900
stuff
00:54:31.100
is
00:54:31.200
getting
00:54:31.380
on
00:54:31.600
the
00:54:31.740
news
00:54:32.080
and
00:54:32.540
they
00:54:32.660
want
00:54:32.840
to
00:54:32.900
be
00:54:33.020
part
00:54:33.300
of
00:54:33.400
that
00:54:33.640
all
00:54:35.060
right
00:54:35.540
let's
00:54:35.940
play
00:54:36.580
you
00:54:37.940
asked
00:54:38.340
us
00:54:38.640
famous
00:54:39.400
duos
00:54:40.080
and
00:54:40.820
we
00:54:40.960
had
00:54:41.100
a
00:54:41.240
fun
00:54:41.460
discussion
00:54:42.040
and
00:54:43.000
we
00:54:43.300
don't
00:54:43.440
need
00:54:43.580
to
00:54:43.680
play
00:54:43.900
the
00:54:44.080
full
00:54:44.420
discussion
00:54:45.000
of
00:54:45.400
this
00:54:45.680
but
00:54:45.920
I
00:54:46.100
just
00:54:46.460
want
00:54:46.680
to
00:54:46.780
play
00:54:47.180
guys
00:54:47.600
we
00:54:47.740
can
00:54:47.880
cut
00:54:48.120
it
00:54:48.240
off
00:54:48.520
we've
00:54:48.800
got
00:54:49.060
it
00:54:49.260
Mark
00:54:49.920
Halperin
00:54:50.480
asked
00:54:50.920
Buck
00:54:51.380
a
00:54:52.020
question
00:54:52.460
about
00:54:52.760
which
00:54:53.080
is
00:54:53.360
the
00:54:53.540
better
00:54:53.980
duo
00:54:54.620
listen
00:54:55.440
Madden
00:54:56.280
and
00:54:56.500
Summerall
00:54:57.040
or
00:54:57.640
Salt
00:54:58.060
and
00:54:58.220
Pepper
00:54:58.480
I
00:54:59.620
don't
00:54:59.840
even
00:55:00.000
know
00:55:00.160
who
00:55:00.320
Madden
00:55:00.560
and
00:55:00.720
Summerall
00:55:01.120
are
00:55:01.440
I've
00:55:01.720
never
00:55:01.920
know
00:55:02.140
be
00:55:02.340
serious
00:55:02.860
dude
00:55:04.580
you
00:55:04.760
really
00:55:04.960
don't
00:55:05.100
know
00:55:05.200
who
00:55:05.320
Madden
00:55:05.520
and
00:55:05.640
Summerall
00:55:05.980
is
00:55:06.200
I
00:55:06.340
have
00:55:06.480
no
00:55:06.660
idea
00:55:06.940
you
00:55:07.280
know
00:55:08.600
the
00:55:08.760
Madden
00:55:09.060
video
00:55:09.340
game
00:55:09.780
oh
00:55:11.340
John
00:55:11.800
Madden
00:55:12.160
the
00:55:12.320
coach
00:55:12.780
oh
00:55:13.820
my
00:55:13.960
goodness
00:55:14.340
how do
00:55:17.000
you host
00:55:17.400
a show
00:55:17.820
with someone
00:55:18.200
who's
00:55:18.440
culturally
00:55:18.880
literate
00:55:19.580
for
00:55:20.380
our
00:55:21.340
age
00:55:21.860
I
00:55:22.420
actually
00:55:23.040
so first
00:55:23.880
of all
00:55:24.160
Buck
00:55:24.400
to put
00:55:24.680
it
00:55:24.880
in your
00:55:25.060
this
00:55:29.460
has
00:55:29.700
gone
00:55:29.900
viral
00:55:30.380
by the
00:55:30.840
way
00:55:31.140
a lot
00:55:31.800
of
00:55:31.960
people
00:55:32.320
are
00:55:32.720
reacting
00:55:33.220
to
00:55:33.580
it
00:55:33.800
so
00:55:35.040
Mark
00:55:35.560
I'll
00:55:35.780
let
00:55:35.940
you
00:55:36.160
react
00:55:36.700
and
00:55:37.480
then
00:55:37.620
I'll
00:55:37.800
let
00:55:37.980
Buck
00:55:38.360
defend
00:55:39.020
himself
00:55:39.460
here
00:55:39.740
but
00:55:40.020
well
00:55:40.540
we
00:55:40.860
did
00:55:41.020
a
00:55:41.160
serious
00:55:41.520
conversation
00:55:42.040
we
00:55:42.200
talked
00:55:42.360
about
00:55:42.520
the
00:55:42.660
future
00:55:42.940
of
00:55:43.120
Taiwan
00:55:43.660
we
00:55:44.320
talked
00:55:44.560
about
00:55:44.880
Treasury
00:55:45.820
Secretary
00:55:46.400
Besson
00:55:46.860
high
00:55:47.100
minded
00:55:47.340
topics
00:55:47.740
but
00:55:47.960
all
00:55:48.460
anybody
00:55:48.740
is
00:55:48.920
talking
00:55:49.100
to
00:55:49.260
me
00:55:49.400
about
00:55:49.720
is
00:55:50.400
the
00:55:50.800
question
00:55:51.140
of
00:55:51.400
what
00:55:51.900
has
00:55:52.040
happened
00:55:52.260
to
00:55:52.400
America's
00:55:52.880
youth
00:55:53.160
what
00:55:54.580
is
00:55:54.720
what
00:55:55.060
what
00:55:55.340
do
00:55:55.440
we
00:55:55.560
do
00:55:56.240
as
00:55:56.440
a
00:55:56.540
nation
00:55:56.720
how
00:55:56.900
do
00:55:56.980
we
00:55:57.080
compete
00:55:57.440
with
00:55:57.640
the
00:55:57.780
Chinese
00:55:58.160
if
00:55:59.080
our
00:55:59.280
people
00:55:59.540
have
00:55:59.720
never
00:55:59.940
heard
00:56:00.160
of
00:56:00.280
Pat
00:56:00.500
Summerall
00:56:00.900
now
00:56:01.320
I'm
00:56:01.820
sympathetic
00:56:02.200
to
00:56:02.580
this
00:56:02.780
because
00:56:03.120
there's
00:56:03.980
there's
00:56:04.300
things
00:56:04.540
that young
00:56:04.820
people
00:56:05.080
know
00:56:05.300
that
00:56:05.440
I
00:56:05.580
don't
00:56:05.700
know
00:56:05.880
about
00:56:06.040
but
00:56:06.260
for
00:56:06.940
people
00:56:07.300
our
00:56:07.780
age
00:56:08.380
and
00:56:09.140
who
00:56:09.280
grew
00:56:09.500
up
00:56:09.740
these
00:56:09.980
are
00:56:10.420
it's
00:56:10.820
like
00:56:10.960
being
00:56:11.140
saying
00:56:11.380
well
00:56:11.620
I
00:56:12.080
don't
00:56:12.220
know
00:56:12.360
who
00:56:12.500
Thomas
00:56:12.820
Jefferson
00:56:13.200
is
00:56:13.540
because
00:56:13.700
I'm
00:56:13.880
young
00:56:14.060
I
00:56:14.260
wasn't
00:56:14.520
alive
00:56:14.920
I
00:56:15.620
I
00:56:16.060
think
00:56:16.560
that's
00:56:17.160
a
00:56:17.280
little
00:56:17.420
extreme
00:56:17.960
look
00:56:18.400
we
00:56:18.620
got
00:56:18.980
into
00:56:19.140
this
00:56:19.300
yesterday
00:56:19.660
on the
00:56:20.020
show
00:56:20.280
on
00:56:20.460
Mark's
00:56:20.880
show
00:56:21.060
which
00:56:21.240
you
00:56:21.340
should
00:56:21.460
all
00:56:21.620
go
00:56:21.740
check
00:56:22.020
out
00:56:22.280
it
00:56:23.080
was
00:56:23.800
clear
00:56:24.660
that
00:56:25.240
we
00:56:25.340
have
00:56:25.500
a
00:56:25.620
little
00:56:25.720
bit
00:56:25.860
of
00:56:25.940
a
00:56:26.080
Gen
00:56:26.300
X
00:56:26.680
versus
00:56:28.020
young
00:56:28.760
and
00:56:28.980
spry
00:56:29.360
millennial
00:56:30.100
which
00:56:30.740
would
00:56:30.900
be
00:56:31.020
me
00:56:31.340
issue
00:56:31.900
here
00:56:32.220
Google
00:56:32.460
sorry
00:56:33.040
to
00:56:33.160
interrupt
00:56:33.360
but
00:56:33.480
have
00:56:33.580
you
00:56:33.700
Googled
00:56:34.080
today
00:56:34.460
Summerall
00:56:34.980
and
00:56:35.100
Madden
00:56:35.360
have
00:56:35.500
you
00:56:35.600
gone
00:56:35.780
on
00:56:35.920
YouTube
00:56:36.200
he's
00:56:36.760
not
00:56:36.980
even
00:56:37.200
letting
00:56:37.420
me
00:56:37.600
get
00:56:37.760
through
00:56:37.940
the
00:56:38.140
sentence
00:56:38.480
I
00:56:39.600
want
00:56:40.380
to
00:56:40.640
know
00:56:40.920
let me
00:56:41.980
explain
00:56:42.420
this
00:56:43.280
for a
00:56:43.560
second
00:56:43.700
hold
00:56:43.920
on
00:56:44.080
I
00:56:44.460
know
00:56:44.700
who
00:56:44.860
John
00:56:45.060
Madden
00:56:45.400
is
00:56:45.540
I
00:56:45.640
used to
00:56:45.780
play
00:56:45.840
the
00:56:45.940
Madden
00:56:46.100
video
00:56:46.300
game
00:56:46.560
but
00:56:46.680
when
00:56:46.800
you
00:56:46.920
said
00:56:47.060
Madden
00:56:47.520
and
00:56:47.720
Summerall
00:56:48.440
and
00:56:49.080
then
00:56:49.200
the
00:56:49.580
others
00:56:50.200
was
00:56:50.500
a
00:56:50.800
musician
00:56:51.300
I
00:56:51.920
salt
00:56:53.480
and
00:56:53.640
pepper
00:56:53.860
yeah
00:56:54.080
I
00:56:54.520
just
00:56:54.700
didn't
00:56:54.880
I
00:56:55.040
don't
00:56:55.160
know
00:56:55.320
who
00:56:55.460
Summerall
00:56:55.960
is
00:56:56.220
so
00:56:56.360
I'm
00:56:56.520
thinking
00:56:56.860
is
00:56:57.420
this
00:56:57.600
some
00:56:57.760
kind
00:56:58.040
of
00:56:58.200
weird
00:56:58.640
like
00:56:59.500
easy
00:57:00.300
listening
00:57:00.760
jazz
00:57:01.320
band
00:57:01.660
that
00:57:01.840
you
00:57:01.960
old
00:57:02.280
timers
00:57:02.780
like
00:57:03.120
I
00:57:03.320
just
00:57:03.540
did
00:57:03.680
because
00:57:03.900
I
00:57:04.020
don't
00:57:04.180
know
00:57:04.380
Summerall
00:57:04.960
but
00:57:05.380
then
00:57:05.560
I
00:57:24.520
who
00:57:24.840
Sonny
00:57:25.320
and
00:57:25.460
Cher
00:57:25.660
and
00:57:25.780
you
00:57:25.860
would
00:57:25.940
say
00:57:26.120
Sonny
00:57:26.860
and
00:57:26.960
Cher
00:57:27.060
never
00:57:27.260
heard
00:57:27.460
of
00:57:27.520
him
00:57:27.600
oh
00:57:27.880
Sonny
00:57:28.320
Sonny
00:57:28.600
Bono
00:57:28.980
heard
00:57:29.200
of
00:57:29.280
him
00:57:29.400
Cher
00:57:29.800
never
00:57:30.080
heard
00:57:30.320
of
00:57:30.440
her
00:57:30.520
I
00:57:30.620
don't
00:57:30.700
know
00:57:30.840
about
00:57:31.020
the
00:57:31.160
Cher
00:57:31.440
first of
00:57:31.860
everyone's
00:57:32.260
heard of
00:57:32.480
Cher
00:57:32.840
and not
00:57:33.220
Sonny
00:57:33.580
if we're
00:57:33.820
going to
00:57:34.000
play
00:57:34.140
that
00:57:34.360
game
00:57:34.660
my point
00:57:37.100
is
00:57:37.320
again
00:57:38.480
please
00:57:39.400
spend
00:57:39.640
some
00:57:39.820
time
00:57:40.000
on
00:57:40.160
YouTube
00:57:40.360
go
00:57:40.660
look
00:57:40.880
at
00:57:40.980
the
00:57:41.100
body
00:57:41.340
of
00:57:41.500
their
00:57:41.640
work
00:57:41.920
these
00:57:42.140
are
00:57:42.260
not
00:57:42.600
fringe
00:57:43.340
players
00:57:43.860
these
00:57:44.120
are
00:57:44.280
key
00:57:54.520
president
00:57:55.060
trump's
00:57:55.600
chief
00:57:55.820
of
00:57:56.000
staff
00:57:56.500
dad
00:57:57.240
which
00:57:58.360
is
00:57:58.520
pretty
00:57:58.720
crazy
00:57:59.060
mark
00:57:59.460
last
00:57:59.800
question
00:58:00.280
for
00:58:01.060
you
00:58:01.340
you've
00:58:02.540
been
00:58:02.640
in
00:58:02.760
media
00:58:03.000
a
00:58:03.180
long
00:58:03.380
time
00:58:03.720
the
00:58:04.780
media
00:58:05.360
universe
00:58:06.100
I
00:58:06.460
would
00:58:06.640
argue
00:58:07.100
is
00:58:07.540
evolving
00:58:08.040
and
00:58:08.700
changing
00:58:09.260
more
00:58:09.640
rapidly
00:58:10.180
than
00:58:10.540
maybe
00:58:10.920
ever
00:58:11.420
in
00:58:11.740
history
00:58:12.320
where
00:58:13.200
would
00:58:13.460
you
00:58:13.620
want
00:58:13.960
to
00:58:14.120
buy
00:58:14.360
stock
00:58:14.860
in
00:58:15.040
media
00:58:15.360
right
00:58:15.680
now
00:58:16.060
how
00:58:16.480
do
00:58:16.700
you
00:58:16.860
see
00:58:17.180
it
00:58:17.360
going
00:58:17.740
forward
00:58:18.320
and
00:58:18.960
I
00:58:19.300
know
00:58:19.440
it's
00:58:19.580
a
00:58:19.680
broad
00:58:20.000
question
00:58:20.400
but
00:58:20.580
I'm
00:58:20.680
just
00:58:20.820
curious
00:58:21.340
how
00:58:21.660
you
00:58:21.860
would
00:58:22.000
assess
00:58:22.300
where
00:58:22.540
we
00:58:22.720
are
00:58:22.920
and
00:58:23.060
where
00:58:23.200
we're
00:58:23.360
headed
00:58:23.620
number
00:58:24.480
one
00:58:24.660
choice
00:58:24.940
would
00:58:25.080
be
00:58:25.180
if
00:58:25.300
you
00:58:25.380
guys
00:58:25.540
take
00:58:25.740
the
00:58:25.880
show
00:58:26.020
public
00:58:26.460
number
00:58:27.200
two
00:58:27.540
would
00:58:27.780
be
00:58:27.960
my
00:58:28.300
company
00:58:28.720
two
00:58:29.000
way
00:58:29.260
number
00:58:29.520
three
00:58:29.780
would
00:58:29.920
be
00:58:30.060
Megan
00:58:30.320
Kelly's
00:58:30.760
company
00:58:31.000
I
00:58:32.140
think
00:58:32.640
it's
00:58:33.900
about
00:58:34.140
trusted
00:58:34.560
brands
00:58:35.020
and
00:58:35.260
in
00:58:35.560
the
00:58:35.680
olden
00:58:35.940
days
00:58:36.120
trusted
00:58:36.420
brands
00:58:36.700
were
00:58:36.820
corporate
00:58:37.180
brands
00:58:37.560
now
00:58:37.740
trusted
00:58:38.060
brands
00:58:38.360
are
00:58:38.460
individual
00:58:38.740
brands
00:58:39.000
like
00:58:39.180
you
00:58:39.340
too
00:58:39.540
right
00:58:39.940
people
00:58:40.400
listen
00:58:41.080
to
00:58:41.180
your
00:58:41.280
show
00:58:41.380
they
00:58:41.520
don't
00:58:41.660
really
00:58:41.900
care
00:58:42.300
what
00:58:42.820
the
00:58:42.980
company
00:58:43.360
is
00:58:43.740
they
00:58:43.900
care
00:58:44.140
about
00:58:44.360
you
00:58:44.560
too
00:58:44.880
and
00:58:45.380
I
00:58:45.500
think
00:58:45.760
it's
00:58:46.760
pretty
00:58:46.940
clear
00:58:47.240
when
00:58:47.420
people
00:58:47.640
have
00:58:47.820
a
00:58:47.940
connection
00:58:48.400
to
00:58:49.360
their
00:58:49.620
fans
00:58:50.400
to
00:58:50.580
their
00:58:50.720
community
00:58:51.160
so
00:58:51.600
if
00:58:51.740
you
00:58:51.840
guys
00:58:52.120
go
00:58:52.660
to
00:58:52.840
a
00:58:52.980
diner
00:58:53.240
in
00:58:53.380
Charleston
00:58:53.680
South
00:58:53.920
Carolina
00:58:54.300
people
00:58:54.860
know
00:58:55.200
you
00:58:55.380
they'll
00:58:55.560
see
00:58:55.740
you
00:58:55.880
they'll
00:58:56.060
like
00:58:56.300
you
00:58:56.420
they'll
00:58:56.580
want
00:58:56.680
to
00:58:56.780
talk
00:58:57.000
to
00:58:57.120
you
00:58:57.260
that's
00:58:58.020
that's
00:58:58.380
what
00:58:58.460
I'd
00:58:58.680
invest
00:58:58.940
in
00:58:59.080
folks
00:58:59.800
like
00:59:00.000
you
00:59:00.140
guys
00:59:00.420
folks
00:59:00.720
who
00:59:01.160
have
00:59:01.480
connection
00:59:02.140
to
00:59:02.340
their
00:59:02.480
community
00:59:02.920
where
00:59:03.380
it's
00:59:03.540
a
00:59:03.620
daily
00:59:03.860
habit
00:59:04.260
appointment
00:59:04.960
listening
00:59:05.380
appointment
00:59:05.760
viewing
00:59:06.180
I
00:59:06.620
think
00:59:06.740
those
00:59:06.980
will
00:59:07.080
be
00:59:07.180
the
00:59:07.380
companies
00:59:07.940
that
00:59:08.180
thrive
00:59:08.560
across
00:59:09.100
all
00:59:09.580
platforms
00:59:10.040
it
00:59:10.200
doesn't
00:59:10.460
matter
00:59:10.720
what
00:59:11.140
the
00:59:11.260
corporate
00:59:11.520
brand
00:59:11.880
is
00:59:12.060
or
00:59:12.140
how
00:59:12.280
it's
00:59:12.480
distributed
00:59:12.920
I
00:59:13.500
think
00:59:13.660
those
00:59:13.920
are
00:59:14.300
the
00:59:14.420
places
00:59:14.680
where
00:59:14.920
I'd
00:59:15.040
invest
00:59:15.340
and
00:59:15.500
that's
00:59:16.020
what
00:59:16.100
I'm
00:59:16.220
building
00:59:16.400
my
00:59:16.660
career
00:59:16.940
around
00:59:17.580
now
00:59:17.780
as
00:59:17.940
well
00:59:18.180
we
00:59:19.140
appreciate
00:59:19.580
the
00:59:19.840
time
00:59:20.060
we
00:59:20.200
encourage
00:59:20.520
people
00:59:20.800
to
00:59:20.960
go
00:59:21.080
check
00:59:21.300
out
00:59:21.580
the
00:59:21.800
interview
00:59:22.160
that
00:59:22.420
we
00:59:22.600
did
00:59:22.880
with
00:59:23.120
Mark
00:59:23.500
you
00:59:23.940
can
00:59:24.100
find
00:59:24.360
him
00:59:24.440
where
00:59:24.600
is
00:59:24.660
the
00:59:24.780
easiest
00:59:25.100
place
00:59:25.420
to
00:59:25.580
find
00:59:25.780
you
00:59:25.900
Mark
00:59:26.160
I
00:59:26.720
do
00:59:26.880
two
00:59:27.740
things
00:59:28.260
I
00:59:28.400
do
00:59:28.520
two
00:59:28.760
way
00:59:29.020
which
00:59:29.240
is
00:59:29.360
my
00:59:29.540
own
00:59:29.720
company
00:59:30.080
two
00:59:30.580
shows
00:59:30.920
a
00:59:31.060
day
00:59:31.320
you
00:59:31.820
can
00:59:31.900
go
00:59:32.000
to
00:59:32.120
two
00:59:32.300
way
00:59:32.440
TV
00:59:32.920
or
00:59:33.380
on
00:59:33.580
YouTube
00:59:33.840
and
00:59:34.540
then
00:59:34.780
next
00:59:35.580
up
00:59:35.780
the
00:59:35.880
show
00:59:36.020
you
00:59:36.140
are
00:59:36.420
on
00:59:36.540
the
00:59:36.680
Megan
00:59:36.880
Kelly
00:59:37.160
network
00:59:37.580
find
00:59:38.140
that
00:59:38.300
on
00:59:38.420
YouTube
00:59:38.700
or
00:59:38.920
as
00:59:39.020
a
00:59:39.120
podcast
00:59:39.400
and
00:59:39.700
grateful
00:59:40.200
to
00:59:40.400
you
00:59:40.520
guys
00:59:40.700
for
00:59:40.840
making
00:59:41.000
so
00:59:41.180
much
00:59:41.340
time
00:59:41.640
this
00:59:42.140
week
00:59:42.420
for
00:59:43.200
can't
00:59:43.380
wait
00:59:43.480
to
00:59:43.580
get
00:59:43.700
you
00:59:43.800
on
00:59:43.940
two
00:59:44.120
way
00:59:44.320
for
00:59:45.080
sure
00:59:45.320
we
00:59:45.520
appreciate
00:59:45.840
the
00:59:46.020
time
00:59:46.260
with
00:59:46.440
you
00:59:46.680
encourage
00:59:47.000
people
00:59:47.240
to
00:59:47.380
go
00:59:47.480
check
00:59:47.720
it
00:59:47.840
out
00:59:48.040
and
00:59:48.200
hopefully
00:59:48.500
Buck's
00:59:48.860
doing
00:59:49.000
research
00:59:49.420
on
00:59:49.660
Pat
00:59:49.900
Summerall
00:59:50.360
and the
00:59:50.580
greatest
00:59:50.840
calls
00:59:51.200
of his
00:59:51.540
career
00:59:51.920
for sure
00:59:52.840
thank you
00:59:53.980
that's
00:59:54.220
Mark
00:59:54.420
Halperin
00:59:54.900
look
00:59:55.840
back in
00:59:56.900
the day
00:59:57.360
Madden and
00:59:58.240
Summerall
00:59:58.600
had a lot
00:59:59.040
of testosterone
00:59:59.600
that's one
01:00:00.480
reason they
01:00:01.020
might have
01:00:01.420
been so
01:00:01.880
popular
01:00:02.320
in fact
01:00:03.120
aren't they
01:00:04.240
making a
01:00:04.840
Madden
01:00:05.200
movie that's
01:00:05.880
supposed to
01:00:06.180
be out
01:00:06.540
this year
01:00:06.940
with
01:00:07.160
Nicolas
01:00:07.560
Cage
01:00:08.020
playing
01:00:08.460
John
01:00:08.800
Madden
01:00:09.200
I think
01:00:09.680
they are
01:00:10.260
and I'm
01:00:11.320
sure
01:00:11.580
that
01:00:11.880
Summerall
01:00:12.420
will have
01:00:12.820
somebody
01:00:13.220
famous
01:00:13.680
playing
01:00:14.060
him
01:00:14.420
as well
01:00:15.120
Buck
01:00:15.840
can do
01:00:16.220
his
01:00:16.420
research
01:00:16.920
but
01:00:17.220
testosterone
01:00:17.800
is the
01:00:18.720
engine
01:00:19.140
that fuels
01:00:19.880
the male
01:00:20.480
body
01:00:20.940
if you
01:00:21.460
are out
01:00:21.860
there
01:00:22.040
and you're
01:00:22.360
feeling
01:00:22.640
tired
01:00:23.160
or you
01:00:23.400
don't
01:00:23.520
have
01:00:23.680
the
01:00:23.840
energy
01:00:24.260
that
01:00:24.540
you
01:00:24.740
used
01:00:25.040
to
01:00:25.360
get
01:00:26.020
hooked
01:00:26.240
up
01:00:26.420
today
01:00:26.660
with
01:00:26.940
chalk
01:00:27.320
dot com
01:00:27.940
c-h-o-q
01:00:29.160
dot com
01:00:30.040
you got
01:00:30.620
kids
01:00:31.000
grandkids
01:00:31.720
that you're
01:00:32.120
out there
01:00:32.500
chasing
01:00:32.840
around
01:00:33.280
it can
01:00:33.620
make a
01:00:34.060
tremendous
01:00:34.480
difference
01:00:37.160
that you
01:00:37.580
tried it
01:00:38.460
out
01:00:38.780
for your
01:00:39.440
new year's
01:00:40.000
resolution
01:00:40.520
putting some
01:00:41.120
more energy
01:00:41.660
back in
01:00:42.100
your life
01:00:42.560
can make
01:00:43.300
a tremendous
01:00:43.960
difference
01:00:44.660
and right
01:00:45.340
now you
01:00:45.840
will get
01:00:46.220
a great
01:00:46.660
offer
01:00:47.080
in the
01:00:47.540
meantime
01:00:48.060
the male
01:00:48.900
vitality
01:00:49.720
stack
01:00:50.160
this month
01:00:51.400
only when
01:00:52.040
you subscribe
01:00:52.640
with my
01:00:53.240
name
01:00:53.440
clay
01:00:53.840
that's
01:00:54.240
c-l-a-y
01:00:55.160
as the
01:00:55.720
promo code
01:00:56.360
chalk
01:00:56.720
will pack
01:00:57.240
a free
01:00:58.180
$99 bag
01:00:59.440
of chalk
01:01:00.100
lit powder
01:01:00.860
with your
01:01:01.680
first delivery
01:01:02.640
you will be
01:01:03.440
glad
01:01:03.880
that you
01:01:04.660
did it
01:01:05.000
that's
01:01:05.300
chalk
01:01:05.560
dot com
01:01:06.140
my name
01:01:06.580
clay
01:01:06.920
c-h-o-q
01:01:08.120
dot com
01:01:09.180
my name
01:01:09.800
c-l-a-y
01:01:11.280
news and
01:01:12.960
politics
01:01:13.580
but also
01:01:14.340
a little
01:01:14.880
comic relief
01:01:15.900
clay
01:01:16.300
travis
01:01:16.860
and buck
01:01:17.580
sexton
01:01:18.060
find them
01:01:18.900
on the
01:01:19.360
free
01:01:19.620
iheart radio
01:01:20.400
app
01:01:20.740
or wherever
01:01:21.580
you get
01:01:22.080
your podcasts
01:01:22.940
this is an
01:01:23.580
iheart podcast
01:01:24.520
guaranteed
01:01:26.040
human
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