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The World Is Betting On America - Bill Walton #6398 · Financial Survival Network

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  Speaker 1: You are listening to Carrie Let's's Financial Survival Network, where
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  Speaker 2: Ever, And welcome you are listening to and watching the
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  Speaker 2: Financial Survival Network. I'm your host, Carrie Let's Bill Walton,
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  Speaker 2: our good friend is with us today. And Bill, like
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  Speaker 2: so much happening in the world, we had to like
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  Speaker 2: really focus in on a few key items because man,
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  Speaker 2: you could just talk for days with what's going on
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  Speaker 2: you now, it's.
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  Speaker 3: Busy, and only some of it's good. Yeah, Well, well
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  Speaker 3: we got uh hopefully and not enough is we'll get.
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  Speaker 2: Through war with Iran Uh Cuba on the brink. I
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  Speaker 2: think the two are tied together. I think once Cuba collapses,
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  Speaker 2: I think that Iran is going to be shortly thereafter.
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  Speaker 2: But that's just my opinion. What's your take on what's
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  Speaker 2: going on?
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  Speaker 3: Well, I don't think there's been a harder time to
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  Speaker 3: follow what's going on if you think about Iran. I mean,
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  Speaker 3: we've got NonStop communication from our side from Trump, and
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  Speaker 3: you know, the messages change every every half hour. And
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  Speaker 3: I'm a Trump supporter, but I think he's over communicating.
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  Speaker 3: And you know, I don't think anybody's wrecking. Very few
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  Speaker 3: people are reporting on the fact that Iran is is
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  Speaker 3: a massive country and massive and mountainous and and uh,
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  Speaker 3: you know it's called mountains are taller than those in Switzerland,
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  Speaker 3: and the shoreline of Iran is impenetrable. I mean, the
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  Speaker 3: idea we're going to do anything more than throw some
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  Speaker 3: bombs at it and make a dent is probably those
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  Speaker 3: are reasonable expectations. There's lots of places for the Irans
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  Speaker 3: to died. I had bad stuff him. I think they have.
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  Speaker 3: And so we we've made a dent, and now we
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  Speaker 3: I think we got to wrap this up. I don't
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  Speaker 3: think it's uh. I think we've done about as much
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  Speaker 3: as we can. We've got people on the other side, Iranians.
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  Speaker 3: I mean, they're the Iranians are less truthful than the Chinese.
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  Speaker 2: So you're not saying something there, Bill, So we're.
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  Speaker 3: Talking with these people, I mean, yeah, I mean, I
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  Speaker 3: I used I used to work. I was a banker.
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  Speaker 3: To Jay Pritzker, not not JB. Jay was the guy
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  Speaker 3: created the empire, and and he liked me because I
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  Speaker 3: could go toe to toe with him. But we were
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  Speaker 3: signing an agreement and I was feeling pretty good about it.
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  Speaker 4: I was I was a commercial banker.
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  Speaker 3: And he said, well, but we'll just remember I viewed
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  Speaker 3: this document as the basis for our future negotiation, So
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  Speaker 3: don't count on the piece of paper to govern our relationship.
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  Speaker 3: And I think that's certainly true for China, it's certainly
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  Speaker 3: true for our on.
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  Speaker 2: Yeah, definitely. So how much longer is this thing going
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  Speaker 2: to go on? And if if we don't remove the
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  Speaker 2: the theocracy, was it a failure? Uh?
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  Speaker 4: Probably? Yeah.
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  Speaker 3: I mean I it's the what is the name of
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  Speaker 3: the the you know? The tough guard is the what
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  Speaker 3: I rpg? Uh?
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  Speaker 4: Yeah, I keep creating them.
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  Speaker 3: Those are the guys that are really learning it now.
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  Speaker 3: It's not that the theocracy gives it a moral patent,
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  Speaker 3: if you want to call it that, but it's they're
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  Speaker 3: not really running it. And uh, we haven't eliminated those
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  Speaker 3: people from the scene. So I unfortunately I don't see
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  Speaker 3: a decisive.
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  Speaker 4: Win for Donald Trump.
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  Speaker 3: And I think the best way, best case he can
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  Speaker 3: make now is to put you know, put some pieces
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  Speaker 3: in place to clear victory and move on and try
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  Speaker 3: to try.
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  Speaker 4: To, you know, go.
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  Speaker 3: You know, we've got a lot of other things to
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  Speaker 3: accomplish in the world, and I think we've done as
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  Speaker 3: much as we can there. If I thought we go
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  Speaker 3: to do more short of anything that involves nuclear weapons,
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  Speaker 3: I'd be all for it. But I just don't see
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  Speaker 3: the see the lines of action.
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  Speaker 2: Yeah, So, so did we degrade them enough? Do you
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  Speaker 2: think that they're less of a threat in the Middle
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  Speaker 2: East and the.
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  Speaker 4: I don't know.
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  Speaker 3: If we can't, I don't you know, I can't remember
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  Speaker 3: what more people were talking to support their position, and
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  Speaker 3: there seem to be many, many, many, and they're those
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  Speaker 3: that think that, you know, Iran was never really that
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  Speaker 3: much of a thread. We had no, uh, no reason
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  Speaker 3: to do it than others. And I guess I'd be
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  Speaker 3: in this camp that thought that definitely a threat. They
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  Speaker 3: were close to getting the nuke with the help of
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  Speaker 3: the I think the North Koreans as well as probably
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  Speaker 3: the Chinese, and so we had to do something. But
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  Speaker 3: I don't know, and I don't think any of us
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  Speaker 3: really know how badly it's been degraded.
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  Speaker 2: Yeah, I guess we're going to find out. But you know,
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  Speaker 2: the popular uprising, they killed like thirty forty thousand people
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  Speaker 2: to stop it, and and their country their economies falling apart,
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  Speaker 2: hyper inflation, They can't afford to pay the military.
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  Speaker 4: This is a Second Amendment argument.
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  Speaker 3: The population can't really rise up because they don't have
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  Speaker 3: any weapons whatsoever.
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  Speaker 4: I mean one one.
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  Speaker 3: Line of action that some people have talked about was, well,
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  Speaker 3: if we could get some weapons in there, so these people, yeah,
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  Speaker 3: could defend themselves. But again I come back to the
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  Speaker 3: size of the country and the mountains and how you
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  Speaker 3: do that. That there are lots of land routes into
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  Speaker 3: into Iran which could be used, I suppose, but it's
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  Speaker 3: you know, it's a high degree of difficulty operation.
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  Speaker 2: Yeah. Yeah, Well, but in the meantime, what about Cuba.
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  Speaker 2: Cuba is like definitely going to fall, There's no question
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  Speaker 2: one way or the other. The Castro clan, their days
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  Speaker 2: are numbered, don't you think.
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  Speaker 3: I do. And I hate to be contrarian, but I
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  Speaker 3: worry about the Cuban people. I mean, when you've spent
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  Speaker 3: what how many there's been seventy years or no, maybe
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  Speaker 3: six whatever, it's been almost seventy years that they've been
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  Speaker 3: under the thumb of the castros, and they, you know,
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  Speaker 3: they they haven't developed a really you know, the Cuban
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  Speaker 3: juice Coulby used to be filled with entrepreneurial people. And yeah,
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  Speaker 3: they're very vibrant society. And I don't know how much
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  Speaker 3: of the wind's been taken out of those sails, and
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  Speaker 3: so I don't know what we're going to be left
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  Speaker 3: with with the Cuban people. The other thing if Cuba,
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  Speaker 3: if Cuba does open up, we've got a lot of
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  Speaker 3: Cubans in Miami and Florida who would love to go
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  Speaker 3: back and and and and get the place going. So
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  Speaker 3: I as I think it through, I think the short
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  Speaker 3: term effect would there would not be much changed. But
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  Speaker 3: then in the longer term, I think a lot of
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  Speaker 3: a lot of a lot of US good old capitalists
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  Speaker 3: would move back right back in and Cubic should be
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  Speaker 3: part of the United States economy, if not politically, it
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  Speaker 3: should be part of the economy.
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  Speaker 2: Yeah. Well, I think for like certain logistical hubs like
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  Speaker 2: Florida and Texas and along the southeast of the US
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  Speaker 2: and Puerto Rico is going to be a huge windfall
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  Speaker 2: when it collapses, because under the Helms Burton Law, there's like, uh,
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  Speaker 2: you know, hundreds of millions of dollars that are earmarked
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  Speaker 2: to be invested. Plus uh, the US is going to
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  Speaker 2: have to go in there and resurrect their electrical grid.
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  Speaker 2: There's just no pousive plus all the aid that's going
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  Speaker 2: to go in and uh, you know, there's a couple
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  Speaker 2: million Cubans in Florida who definitely are going to look
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  Speaker 2: to reinvest. So I guess, I guess it's going to
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  Speaker 2: happen in due course.
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  Speaker 3: Well, I hope it's sooner, sooner, sooner rather than later.
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  Speaker 3: But I guess while we're upping re establishing their electrical grit,
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  Speaker 3: I hope we do some to protect our own. I mean,
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  Speaker 3: that's a electrical good in the United States is not
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  Speaker 3: exactly robust.
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  Speaker 4: Extreme and vulnerable.
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  Speaker 2: Agreed. I agree, you definitely. So. So you know, when
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  Speaker 2: you when you look at what's happening in the world,
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  Speaker 2: it's we also had Venezuela Maduro taken out the Panama
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  Speaker 2: Canal basically being repatriated for lack of a better term,
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  Speaker 2: A lot of things happening there. Huh.
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  Speaker 4: Gotta love America.
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  Speaker 3: First, you know, those are things that needed to happen,
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  Speaker 3: and I think it's set Shina back on its heels
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  Speaker 3: because you know, Venezuela was one of their client states,
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  Speaker 3: Cuba obviously still is, and Iran certainly is. And so
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  Speaker 3: I think in terms of the the large you know,
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  Speaker 3: the I guess what's the name. The guy's in a
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  Speaker 3: state department of state department now arguing that we ought
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  Speaker 3: to ignore the Middle East because of China is the
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  Speaker 3: realentiment enemy. But I think he fails to recognize the
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  Speaker 3: world is very, very interconnected now and that by doing
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  Speaker 3: what we did in Venezuela now and possibly Cuba and
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  Speaker 3: maybe Iran, that that has a big impact on China.
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  Speaker 3: So we're not we're not we're not not paying attention
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  Speaker 3: to them.
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  Speaker 2: Yeah, for sure. Basically they've been pushed out of the
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  Speaker 2: hemisphere or will be shortly once once Cuba the situation
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  Speaker 2: resolves itself. You think Cuba falling would be a plus
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  Speaker 2: for the midterms if it fell prior.
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  Speaker 4: Well, here's the thing.
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  Speaker 3: You know, I was at a conference the last week
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  Speaker 3: of a bunch of politically active people, and we had
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  Speaker 3: four or five panels and they were on various things
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  Speaker 3: from the voting problem to redistriting, to this, that and
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  Speaker 3: the other. And there was one panel on foreign policy
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  Speaker 3: that I was very interested in. And what happened was
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  Speaker 3: in the main stage when the other panels were over
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  Speaker 3: and the foreign policy panel came up, everybody left the room.
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  Speaker 3: And I don't think as many people are paying attention
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  Speaker 3: to what's happening outside the US as they should.
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  Speaker 4: I mean, you do, I do.
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  Speaker 3: And it's very important. But I think most of the
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  Speaker 3: average voter doesn't really care about Cuba, and they should.
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  Speaker 3: They don't really care about what happened in Venezuela. They should,
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  Speaker 3: but they don't. And so the reality is the voter
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  Speaker 3: doesn't vote with a lot of these international considerations in
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  Speaker 3: mind at all. They're really just looking at the price
• 10:54
  Speaker 3: of gas or something close to home.
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  Speaker 4: So I think.
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  Speaker 3: The whatever happens is going to have to translate into
• 11:02
  Speaker 3: gasoline prices in November.
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  Speaker 2: I thinks. So. So speaking about closer to home, what
• 11:10
  Speaker 2: about what's happening in LA With Spencer Pratt, He's like,
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  Speaker 2: this is the evolution of American politics now AI centric. Obviously,
• 11:24
  Speaker 2: this is a face of things to come and the
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  Speaker 2: grassroots and is AI the great equalizer.
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  Speaker 3: Well, what's happening in LA or what's happening with AI?
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  Speaker 3: I like both those topics, which one.
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  Speaker 2: Yeah, well it's one and the same because Spencer Pratt
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  Speaker 2: like all these AI videos coming out.
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  Speaker 3: Oh I see yeah, well I see him as the
• 11:46
  Speaker 3: phoenix rising from the ashes.
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  Speaker 4: I mean if you look at the palisades.
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  Speaker 3: Yeah, he's coming out and we'll finally got somebody who
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  Speaker 3: hasn't been ruined by being a politician before, who's actually
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  Speaker 3: saying saying real things and got visuals to prove it.
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  Speaker 3: And I you know, I just hope the whoever goes
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  Speaker 3: to the polls to vote, if we've got a fair
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  Speaker 3: election in Los Angelesa really paying attention again, we get
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  Speaker 3: back to the problem of the uninformed voter and people
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  Speaker 3: are just used to voting for, you know, people like
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  Speaker 3: Karen Bass. You know, I think if if people are
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  Speaker 3: paying attention, I think we could see big and good
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  Speaker 3: change in LA.
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  Speaker 4: Yeah.
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  Speaker 2: Well, you know, the whole mismanagement of LA from the
• 12:33
  Speaker 2: fire is you know, refusing to remove the brush. The
• 12:38
  Speaker 2: reservoir is being emptied. Uh. It's at the very least
• 12:42
  Speaker 2: a case of gross negligence. And this person, she's not
• 12:47
  Speaker 2: even in the country. She's outside the country in Africa
• 12:51
  Speaker 2: going to a soare and you know, they confront her
• 12:56
  Speaker 2: at the airport and she's like a deer caught in
• 12:59
  Speaker 2: head lights. You know, it's just kind of shocking the lack,
• 13:07
  Speaker 2: you know, lack of empathy she really has, well, you.
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  Speaker 3: Know, think about it, she's had no negative press coverage whatsoever.
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  Speaker 3: She thinks she could get away with murder and in
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  Speaker 3: fact she has. And so she's not used to anybody
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  Speaker 3: shining a light in her direction and putting a microphone
• 13:23
  Speaker 3: in front of her with hostile questions. So she's not
• 13:27
  Speaker 3: a she's not a seasoned Paul when it comes to
• 13:30
  Speaker 3: dealing with that stuff. But yeah, La, you probably tracked this,
• 13:35
  Speaker 3: but there have been half as many productions and Hollywood
• 13:39
  Speaker 3: productions in Los Angeles then than there were I think
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  Speaker 3: it was just five years ago, and that was even
• 13:46
  Speaker 3: during the COVID totally crisis. So they're they're losing their
• 13:50
  Speaker 3: most they're glamorous in best business in LA. If they
• 13:55
  Speaker 3: and if they don't do something get this turned around.
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  Speaker 3: I suspect that filmmaking and in Hollywood is going to
• 14:01
  Speaker 3: be rearview mirror.
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  Speaker 2: Really sad I mean, how many times you go to
• 14:08
  Speaker 2: California and you go look at the celebrity houses, walk
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  Speaker 2: down Hollywood Boulevard with all the stars, and you know,
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  Speaker 2: it's a shame that that's just going to be kind
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  Speaker 2: of left in the history of the dust bin of history,
• 14:24
  Speaker 2: you know. I mean, it was like glamorous, it was exciting.
• 14:28
  Speaker 2: You felt excited just to be there, you know, twenty
• 14:31
  Speaker 2: thirty years ago. Now it's turned into a big garbage
• 14:34
  Speaker 2: dump with homeless people all over the place. And you
• 14:39
  Speaker 2: know that's the thing. He's really addressing the issues, and
• 14:43
  Speaker 2: none of his none of Pratt's you know, competitors in
• 14:48
  Speaker 2: the election, his opponents are bothering to discuss it other
• 14:52
  Speaker 2: than in the most like broadest terms, not like what
• 14:57
  Speaker 2: they're actually going to do. But the fact is, I've
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  Speaker 2: been saying for years homeless crisis isn't because the rent's
• 15:04
  Speaker 2: too damn high. It's because of the mental illness crisis
• 15:08
  Speaker 2: in the country, and that until we address that, the
• 15:14
  Speaker 2: people are going to live on the street. He said,
• 15:16
  Speaker 2: there's lots of beds, shelters for those who are unhoused,
• 15:21
  Speaker 2: as they call it. Now, you're not allowed to call
• 15:23
  Speaker 2: them homeless. And they don't do it because there's rules
• 15:27
  Speaker 2: in these shelters no drugs, no no weapons. You know,
• 15:34
  Speaker 2: that's no alcohol. Right.
• 15:37
  Speaker 3: Well, I think, isn't she providing them with teeth? She
• 15:41
  Speaker 3: didn't she make the case that now since they're since
• 15:44
  Speaker 3: they're using mass then that.
• 15:46
  Speaker 4: Causes you lose your teeth.
• 15:47
  Speaker 3: What we ought to do to help them is get
• 15:49
  Speaker 3: them new artificial teeth.
• 15:51
  Speaker 2: Yeah. Well, I guess that's nothing to smile about, Bill.
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  Speaker 5: Well, yeah, their legs, that's a level of it shows
• 16:01
  Speaker 5: a level of detachment from the ordinary middle class person that.
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  Speaker 2: In prior generations would be the death knell of a campaign,
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  Speaker 2: you know, and somehow it's not she's like a serious
• 16:18
  Speaker 2: contender or maybe is it possible, Bill, that we're being
• 16:22
  Speaker 2: totally gaslighted by all the polls and it's really she's
• 16:27
  Speaker 2: really seriously behind, and it's the Bradley effect. Nobody wants
• 16:32
  Speaker 2: to admit that they're going to vote for Pratt.
• 16:36
  Speaker 4: I think there's a lot of that.
• 16:39
  Speaker 3: You know, the polls, the polls are not to be
• 16:43
  Speaker 3: believed at any time, and I think in this case
• 16:45
  Speaker 3: maybe less than usual. So yeah, there's there's a lot
• 16:49
  Speaker 3: of work there. And the pools are used to prop
• 16:51
  Speaker 3: candidateself and she definitely needed props she can find.
• 16:56
  Speaker 4: But I guess the we.
• 16:58
  Speaker 3: We'll find out. But you know, if they don't, if
• 17:01
  Speaker 3: they voter back in, they might as well, you know,
• 17:04
  Speaker 3: put a put a clothes for business sign on on
• 17:08
  Speaker 3: on La and on on California generally. I mean with
• 17:10
  Speaker 3: the tax on billionaires that's on the ballot. You know,
• 17:15
  Speaker 3: I know a lot of my friends in the venture
• 17:16
  Speaker 3: capital business have already departed for Texas.
• 17:21
  Speaker 4: Big chunk of.
• 17:23
  Speaker 3: Very very successful tech tech people are now living in Austin.
• 17:29
  Speaker 2: Look at Elon Musk, you know, Yeah, he got out
• 17:33
  Speaker 2: and you know he's he's not doing any business yet
• 17:37
  Speaker 2: in Fairmont, where he's got the Tesla factory. Yes, but
• 17:41
  Speaker 2: he's not really expanding there like he would have. And
• 17:45
  Speaker 2: basically he was shown the door and said, don't let
• 17:48
  Speaker 2: it hit your butt on the way out. One more
• 17:52
  Speaker 2: final topic, It seems like this administration, other than others,
• 17:57
  Speaker 2: unlike others in the past, is really serious about cracking
• 18:01
  Speaker 2: down on fraud in government programs. You know, like I'm
• 18:06
  Speaker 2: all for it, But isn't it a fact that most
• 18:08
  Speaker 2: of these programs shouldn't really even exist to be defrauded
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  Speaker 2: in the first place.
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  Speaker 3: Well a, they shouldn't exist. And to the extent they do.
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  Speaker 3: This is what Alan Musk told us and told us
• 18:22
  Speaker 3: and know uncertain terms. You know, you look at foreign
• 18:24
  Speaker 3: aid for example, it was going through usaid that never
• 18:28
  Speaker 3: left town. Most of that was still inside the Beltway.
• 18:31
  Speaker 4: No, I have that wrong.
• 18:33
  Speaker 3: It went to buy a big developed, big houses in
• 18:35
  Speaker 3: Potomac or you know, yeah, Virginia, and that money was
• 18:40
  Speaker 3: very And that's basically a lot of the government program
• 18:45
  Speaker 3: money has been gone, has gone to fund the Democrat Party,
• 18:50
  Speaker 3: Democrat orders, the left, so on and so forth. And
• 18:54
  Speaker 3: most of the nice names they give things don't mean anything.
• 18:58
  Speaker 3: I mean, it's the same thing. It's you know, with
• 19:00
  Speaker 3: the with the uh, you know, with what went on
• 19:03
  Speaker 3: in Minnesota where they had all these eight care centers
• 19:07
  Speaker 3: and you think of little kids in our sweet well,
• 19:09
  Speaker 3: it was just an atm for people to steal from
• 19:12
  Speaker 3: the government.
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  Speaker 4: What I'm wondering is, if you add it all up, how.
• 19:16
  Speaker 3: Much of the federal budget is actual fraud And if
• 19:21
  Speaker 3: it is, does it what does that mean for their
• 19:23
  Speaker 3: actual budget deficit? We shut it down, we may actually
• 19:27
  Speaker 3: find ourselves in a much better financial position then we realized.
• 19:33
  Speaker 4: That we ever realized.
• 19:34
  Speaker 3: I think there's a possibility that the number could be
• 19:36
  Speaker 3: a trillion, two trillion. What's our deficit now, a couple trillions,
• 19:40
  Speaker 3: So uh yeah, if we find two trillion, we're we
• 19:44
  Speaker 3: balanced the books.
• 19:46
  Speaker 2: So remember the Grace Commission. Remember the Grace Commission way
• 19:50
  Speaker 2: back when.
• 19:52
  Speaker 3: Well, I do it didn't amount, and it didn't obviously
• 19:57
  Speaker 3: it didn't work fair well because uh look we are.
• 20:00
  Speaker 4: But you know it's funny.
• 20:01
  Speaker 3: I have real estate in the DC area, and I'm
• 20:04
  Speaker 3: voting against my own pocketbook because most a lot of
• 20:08
  Speaker 3: that money is supporting residential real estate in the DC area.
• 20:13
  Speaker 3: And of course we've got the five wealthiest counties in
• 20:15
  Speaker 3: the country just around DC. So it'll have a bad
• 20:20
  Speaker 3: impact on the local economy, but I think it'll do
• 20:23
  Speaker 3: great things for the country if Trump gets it together
• 20:26
  Speaker 3: to actually shut this down.
• 20:29
  Speaker 2: Well, one thing that we can be happy about is
• 20:32
  Speaker 2: there's a real boom in the country and capital investment,
• 20:36
  Speaker 2: not just AI centers, but major major infrastructure projects taking
• 20:43
  Speaker 2: place all over the country. Airports, in the highways, trains, everything, everything.
• 20:52
  Speaker 2: It was neglected for the past thirty or forty years.
• 20:55
  Speaker 2: When you couldn't get anything done. I partially credit that
• 20:59
  Speaker 2: to Trump's first term where he went to the DOT
• 21:02
  Speaker 2: and basically executive order totally reorganized the entire thing to
• 21:07
  Speaker 2: expedite projects which would be wrapped up with consultants for
• 21:12
  Speaker 2: eight to ten years, cutting back the EPA requirements, all that,
• 21:17
  Speaker 2: and now followed through in his second term. But that's
• 21:22
  Speaker 2: something that's real, that does affect your life. And you
• 21:26
  Speaker 2: see at every airport in the country, you go to
• 21:29
  Speaker 2: major airport, it's being redone. It's really kind of amazing,
• 21:32
  Speaker 2: isn't it. Well, it's great.
• 21:34
  Speaker 3: And the other thing that's happened and partly caused by
• 21:39
  Speaker 3: Trump but partly self inflicted, is that America is about
• 21:43
  Speaker 3: the only place of size that's investible. Europe has really
• 21:49
  Speaker 3: become totally uninvestable. I mean Germany, UK and what they've
• 21:53
  Speaker 3: done with their green energy policies and there are immigration problems.
• 21:57
  Speaker 3: You don't want to put money in there. China has
• 22:01
  Speaker 3: now become uninvestable. And again that China self inflicted uninvestability.
• 22:08
  Speaker 4: I mean they've made it. They've beene an.
• 22:09
  Speaker 3: Extremely hostile for outside capital to come in, and I
• 22:13
  Speaker 3: it's inside and you know the only other places would
• 22:17
  Speaker 3: be Southeast Asia, which is growing nicely, but that's not
• 22:21
  Speaker 3: very that's not going to move our needle that much.
• 22:23
  Speaker 3: So I think America's because if I'm a CEO and
• 22:25
  Speaker 3: I used to have one of those jobs, I want to.
• 22:28
  Speaker 4: Invest right here where I can. I can. We got
• 22:30
  Speaker 4: a pretty.
• 22:32
  Speaker 3: Good rule of law and our chance to make some money,
• 22:35
  Speaker 3: and pretty good demographics. And it's America is a much
• 22:38
  Speaker 3: better place economically than the rest.
• 22:40
  Speaker 2: Of the world.
• 22:41
  Speaker 3: And you know, we lose sight of that because the
• 22:44
  Speaker 3: press wants to report negative stuff.
• 22:46
  Speaker 4: But it's very investable right now.
• 22:49
  Speaker 2: Yeah, And even in the nation's capital, Trump has really,
• 22:54
  Speaker 2: for the two hundred and fiftieth anniversary, has really set
• 22:58
  Speaker 2: about polishing the place. Up I was there, I couldn't
• 23:01
  Speaker 2: believe the number of scaffoldings around all these buildings, their
• 23:06
  Speaker 2: marble exteriors, facades being cleaned, renovated. The Supreme Court also,
• 23:15
  Speaker 2: and you know, at the same time, also since he
• 23:20
  Speaker 2: basically took over the DC law enforcement machine, crime has
• 23:25
  Speaker 2: decreased greatly, So it's not all bad, right.
• 23:29
  Speaker 3: Well, he makes a secret Service detail extremely nervous because
• 23:33
  Speaker 3: he likes to go out and inspect his properties. Like
• 23:36
  Speaker 3: any good real estate developer, he wants to make sure
• 23:39
  Speaker 3: the concrete has been poured properly and the footings are
• 23:41
  Speaker 3: in place, and he goes good places where presidents don't
• 23:45
  Speaker 3: usually go. The only thing I wish he would not
• 23:49
  Speaker 3: follow through on is that two hundred and fifty foot
• 23:52
  Speaker 3: Arc de Triomph in front of the Arlington Cemetery. That's
• 23:57
  Speaker 3: too much. Sorry, don'd leave, love you, but don't stop.
• 24:04
  Speaker 4: Yeah.
• 24:05
  Speaker 2: Yeah, well but you know, for you know, and I
• 24:09
  Speaker 2: know you live in the area. For the past thirty
• 24:12
  Speaker 2: forty years, DC has been a dangerous, really bad place
• 24:19
  Speaker 2: and neglected and you know, really as the nation's capital,
• 24:25
  Speaker 2: an embarrassment.
• 24:26
  Speaker 3: You know, it has been, definitely has been. And he's
• 24:32
  Speaker 3: unlike San Francisco when they had visit. Jeevas visited San
• 24:36
  Speaker 3: Francisco and they did a bit of quick spit and
• 24:40
  Speaker 3: polish to clean up the route there. He drive into
• 24:42
  Speaker 3: the hotel and then as soon as he left town
• 24:45
  Speaker 3: the whole thing fell back into disarray. That's not happening here.
• 24:50
  Speaker 3: I mean, the changes are real, and I I'm only
• 24:54
  Speaker 3: complaining about the two hundred and fifty foot tower.
• 24:56
  Speaker 4: The rest is really good.
• 24:58
  Speaker 2: Yeah, I don't really like the way he has to
• 25:01
  Speaker 2: put his name on everything. Either, we're gonna have a
• 25:03
  Speaker 2: two hundred and fifty dollars bill with a Trump picture
• 25:07
  Speaker 2: on it, I don't know if we're feeding that.
• 25:08
  Speaker 3: Sure the thing, they're probably going to use his mugshot,
• 25:13
  Speaker 3: But is it real?
• 25:14
  Speaker 2: I mean, I think it's real from everything I've read.
• 25:17
  Speaker 2: Or is he trolling us?
• 25:18
  Speaker 3: Well, he's probably trolling as I hope. I hope at
• 25:22
  Speaker 3: least we're endlessly entertained by him. That's if you keep
• 25:26
  Speaker 3: your sense of humor. Trump's Trump's a lot of fun
• 25:29
  Speaker 3: to watch. If you don't have a sense of humor,
• 25:32
  Speaker 3: it's pretty He's got the left completely. Trump arrangement syndrome
• 25:39
  Speaker 3: is quite real.
• 25:41
  Speaker 2: How about putting Reagan's picture on the two hundred and
• 25:44
  Speaker 2: fifty dollars bill? Right, I'd go for that, Yeah, I
• 25:48
  Speaker 2: think so or some other you know, Eisenhower, although he's
• 25:55
  Speaker 2: on the dollar coin, so we can't say he can't
• 25:58
  Speaker 2: be on two things at once. Or maybe you can.
• 26:00
  Speaker 2: I don't know. But the way inflation's going, will need
• 26:04
  Speaker 2: two hundred and fifty, five hundred and thousand dollars bills.
• 26:08
  Speaker 2: They'll be back in circulation, right, you.
• 26:11
  Speaker 3: Know, or one hundred million or billion dollars. I mean,
• 26:14
  Speaker 3: that's what happens when.
• 26:15
  Speaker 2: You get Yeah, hey, I got on right here.
• 26:17
  Speaker 4: I got one right here.
• 26:19
  Speaker 2: I think it's a one hundred trillion dollar note from Zimbabwe.
• 26:24
  Speaker 2: Yeah yeah, but you know what, I think it's worth
• 26:28
  Speaker 2: like five dollars on evay now because people were using
• 26:32
  Speaker 2: them as business cards and it needs Bill tell us
• 26:38
  Speaker 2: how we connect with you? How do we find you
• 26:41
  Speaker 2: on the web. Where's the best place?
• 26:43
  Speaker 3: The website, the Bill waltonshow dot Com, substack, the Bill
• 26:46
  Speaker 3: Walton Show, YouTube, the Bill Walton Show, Rumble all the
• 26:51
  Speaker 3: audio podcast platform, Spotify, Apple Music. You know, the show's
• 26:59
  Speaker 3: everywhere now the sub stack. Though I've got more written.
• 27:02
  Speaker 3: I've been writing some writing some things in addition to
• 27:06
  Speaker 3: just doing a show, and I also had to show
• 27:09
  Speaker 3: in hiatus for a while. But we've got two hundred
• 27:12
  Speaker 3: and seventy five shows and there are a lot of
• 27:14
  Speaker 3: evergreen material there to look at. And so that's and
• 27:18
  Speaker 3: you can also find me at x at william WM
• 27:22
  Speaker 3: Bill Walton.
• 27:24
  Speaker 2: And that's where I found you, and always great to
• 27:27
  Speaker 2: have you on the show. And I do highly recommend
• 27:29
  Speaker 2: your archival material. It's really good. Some of it it's
• 27:34
  Speaker 2: really classic. And hey, we will talk to you again soon.
• 27:37
  Speaker 2: Questions comments for Bill myself, Klatcarrie LUTs dot com. Bill,
• 27:42
  Speaker 2: We'll talk to you again soon. Enjoy in the two
• 27:46
  Speaker 2: hundred and fiftieth Independence Day. I can't even believe it's here.
• 27:49
  Speaker 2: Do you remember the bi centennial and that was like
• 27:54
  Speaker 2: such a great event. I mean, things were a lot
• 27:58
  Speaker 2: simpler back then fifty years ago, for sure, But I hope,
• 28:02
  Speaker 2: I only hope that I remember this two hundred and
• 28:05
  Speaker 2: fiftieth anniversary as fondly as I do the bi centennial.
• 28:09
  Speaker 2: It was a great time.
• 28:10
  Speaker 3: Absolutely well, thanks here, This is fun as always.
• 28:14
  Speaker 1: Thanks for listening to carry Letz's Financial Survival Network, your
• 28:19
  Speaker 1: solution to today's trying times. For the latest, go to
• 28:23
  Speaker 1: Financial Survivalnetwork dot com. Financial Survival Network now more than ever,