Latest / Wayne Allyn Root’s WAR Zone Audio Hours / ROOT REACTION ft. Lee Elci 04-11-25 Hour 1

Transcript

ROOT REACTION ft. Lee Elci 04-11-25 Hour 1 · Wayne Allyn Root’s WAR Zone Audio Hours

• 0:10
  Speaker 1: Warning, the Root, the Root, the Roots on fire.
• 0:14
  Speaker 2: You're about to experience the most high octane pedal to
• 0:16
  Speaker 2: the metal controversial show of your life. Please buckle up
• 0:20
  Speaker 2: and hold on tightly. This station is not responsible for injuries.
• 0:24
  Speaker 2: This is Wayne Alan Roots direct from the entertainment capital
• 0:27
  Speaker 2: of the World, Las Vegas.
• 0:29
  Speaker 3: What time is it? It's time war War.
• 0:34
  Speaker 2: Here's your host, one hundred percent raw Truth, one hundred
• 0:38
  Speaker 2: percent American made the Warrior, Wayne Alan Roots.
• 0:58
  Speaker 4: I Welcome, Welcome, Welcome, In is a Friday broadcast Wayne
• 1:03
  Speaker 4: Allen Route.
• 1:03
  Speaker 1: Tonight is the night for Wayne Man.
• 1:05
  Speaker 4: He is down in Florida, mar Lago, to be exact,
• 1:08
  Speaker 4: where he is the master of ceremonies at the big
• 1:12
  Speaker 4: event with Lincoln Dinner. And so that's where he is tonight,
• 1:15
  Speaker 4: hanging out, rubbing elbows with the superstars, rubbing elbows with
• 1:19
  Speaker 4: Donald Trump and the rest of the crew. I am
• 1:21
  Speaker 4: here in my cushy state of the Yard studios in Connecticut,
• 1:26
  Speaker 4: and today's been a day. And again kudos to the
• 1:30
  Speaker 4: folks behind the scenes, because if you're tuning in via
• 1:33
  Speaker 4: the video, you notice the picture is a little bit
• 1:35
  Speaker 4: different because for somehow, some way, the whole camera set
• 1:40
  Speaker 4: up here in my studio has gone array and I
• 1:42
  Speaker 4: don't know why and I can't figure it out. And
• 1:45
  Speaker 4: I did bad job of time management today. So the
• 1:48
  Speaker 4: last thing I waited to do was to test the camera.
• 1:51
  Speaker 4: Shame on me, but I waited and waited and waited
• 1:54
  Speaker 4: and waited. So anyway, we'll try to fix the camera
• 1:57
  Speaker 4: during the break because nobody wants to see what what
• 2:00
  Speaker 4: I'm looking like right now. So anyway, welcome of the broadcasts.
• 2:03
  Speaker 4: Like I said, my name is Lee Elsie. You can
• 2:05
  Speaker 4: email me Leelsiradio at gmail dot com. Sorry, I'm messing
• 2:08
  Speaker 4: around with some papers here, some stuff that I want
• 2:09
  Speaker 4: to get into during the course of this opening break
• 2:13
  Speaker 4: as we talk to everyone from one coast to another,
• 2:16
  Speaker 4: I always appreciate each and every one. And now here's
• 2:18
  Speaker 4: the deal. You can listen and watch on all these
• 2:21
  Speaker 4: different networks. So Wayne has put together an incredible network.
• 2:24
  Speaker 4: You can go online Untamednation dot com. That's untamed Nation
• 2:28
  Speaker 4: dot com and check that out. You can go to Rumble,
• 2:31
  Speaker 4: you can go to x, you can go to get
• 2:33
  Speaker 4: Her and go to at real Wayne Route and take
• 2:37
  Speaker 4: a look at all of the ways you can watch
• 2:39
  Speaker 4: this great show. And I appreciate. Like I said, everybody
• 2:42
  Speaker 4: behind the scenes going chaotic to try to make this
• 2:45
  Speaker 4: thing work here on this Friday night, from one coast
• 2:47
  Speaker 4: to another. Again, there's some interesting stuff that's happening news wise.
• 2:51
  Speaker 4: We'll get to that maybe and break too. I wanted
• 2:53
  Speaker 4: to open up and talk about the idea of America
• 2:58
  Speaker 4: and whether or not we can actually save it. So
• 3:02
  Speaker 4: I'm more of a philosophical opener when I come on
• 3:06
  Speaker 4: and try to do either a monologue in my morning show,
• 3:08
  Speaker 4: where you know, we can always talk about the news
• 3:10
  Speaker 4: of the day, and we will, but I want to
• 3:12
  Speaker 4: talk about big picture stuff here since I've got your ears.
• 3:16
  Speaker 4: As we're again we're talking across the entire country. So
• 3:20
  Speaker 4: the question is can we be saved? America stands at
• 3:26
  Speaker 4: a crossroads. Yes, we're the beacon of freedom. Freedom, We're
• 3:30
  Speaker 4: the beacon of prosperity. Nobody's trying to go to China,
• 3:34
  Speaker 4: nobody's trying to go to Cuba, nobody's trying to leave
• 3:37
  Speaker 4: their country to go to El Salvador. They're all coming here.
• 3:41
  Speaker 4: That is what America stands for, this ideal of freedom.
• 3:47
  Speaker 4: But but we have unfortunately broken this mechanism. We have
• 3:57
  Speaker 4: I don't want to say wrecked it yet, but we're
• 4:00
  Speaker 4: well on our way to wrecking America. Why, okay, we'll
• 4:05
  Speaker 4: start with thirty six trillion dollars in debt.
• 4:07
  Speaker 3: I feel like.
• 4:07
  Speaker 4: I'm the only one who really talks about that. I
• 4:10
  Speaker 4: hate to say it like that, but that's what I
• 4:12
  Speaker 4: feel like. I feel like nobody really brings this up.
• 4:14
  Speaker 4: It's a huge factor in all of this. Thirty six
• 4:18
  Speaker 4: trillion in debt. And what do we have.
• 4:20
  Speaker 5: We have Democrats who are trying to push back against
• 4:25
  Speaker 5: the possibility of carving out the waste, fraud, and abuse.
• 4:30
  Speaker 5: I know I talked about this last night a lot,
• 4:31
  Speaker 5: but this is a big deal, and there is going
• 4:36
  Speaker 5: to come a point in time when we can no
• 4:39
  Speaker 5: longer sustain the spending, the amount of spending that we
• 4:45
  Speaker 5: have become accustomed to. So there really is nothing else
• 4:50
  Speaker 5: that we can do except.
• 4:52
  Speaker 4: To try to change that. We have to stop spending
• 4:58
  Speaker 4: this kind of money. We have to start finding places
• 5:00
  Speaker 4: to save money. We have to literally pipen our belts
• 5:08
  Speaker 4: and figure out how.
• 5:10
  Speaker 1: To stop this.
• 5:12
  Speaker 4: By the way, even with Elon Musk, you realize there's
• 5:16
  Speaker 4: still going to be a trillion dollars in debt. Even
• 5:17
  Speaker 4: if Musk figures it out and it can save a trillion,
• 5:22
  Speaker 4: the deficit is always over a trillion and we're hemorrhaging
• 5:26
  Speaker 4: money like it's going on in style. So Number one
• 5:29
  Speaker 4: is we have to figure out a way to get
• 5:32
  Speaker 4: our debt under control. Number two, I believe we have.
• 5:39
  Speaker 4: We do have a serious crime issue here in this country.
• 5:42
  Speaker 1: Now.
• 5:43
  Speaker 4: The Democrats will tell you crime is at the lowest
• 5:46
  Speaker 4: level it's been in a long long time.
• 5:49
  Speaker 1: The problem is there are less cops on the road.
• 5:53
  Speaker 4: There is you know, less prosecution of those times, and
• 6:01
  Speaker 4: if you look at the pure statistics of it, there
• 6:03
  Speaker 4: are rising the rising violent crimes, in particular in our
• 6:07
  Speaker 4: city Scapeky scalp skitty city scapes are taking over in
• 6:13
  Speaker 4: some of these urban areas, and we're coddling criminals.
• 6:17
  Speaker 1: It's a bad look for America. It really is.
• 6:20
  Speaker 6: So.
• 6:20
  Speaker 2: For me.
• 6:20
  Speaker 4: The solution has always been law and order. Fund the police,
• 6:24
  Speaker 4: make sure that they have all of the resources that
• 6:26
  Speaker 4: they can they need to get that job done, to
• 6:29
  Speaker 4: take care of everything from start to finish. When it
• 6:32
  Speaker 4: comes to law and order, you shouldn't have to worry
• 6:35
  Speaker 4: when you you know, put your head on the pillow
• 6:37
  Speaker 4: at night, whether or not someone's going to bust through
• 6:38
  Speaker 4: your door three in the clock in the morning, try
• 6:40
  Speaker 4: to steal your valuables, and you'll have to try to
• 6:42
  Speaker 4: defend yourself and your family from violent criminals. And also,
• 6:46
  Speaker 4: you know, even when you're out there on the on
• 6:48
  Speaker 4: the you know, walking around a townscape or driving in
• 6:51
  Speaker 4: your car.
• 6:52
  Speaker 1: It's become a lot more of a violent world.
• 6:55
  Speaker 4: And if we can curl that back, I think it'll
• 6:58
  Speaker 4: go a long way to quote un quote saving America.
• 7:01
  Speaker 4: How about partisanship, We've been tal We talked about this
• 7:03
  Speaker 4: a lot today on my morning show, and there is,
• 7:10
  Speaker 4: without question a level of partisanship that I've never I've
• 7:16
  Speaker 4: never experienced in my lifetime or certainly in my thirty
• 7:19
  Speaker 4: years on the radio.
• 7:20
  Speaker 1: It's never been like this.
• 7:22
  Speaker 4: There's always been some kind of a friendship, some dialogue,
• 7:28
  Speaker 4: some kind of counter respect for fellow politicians.
• 7:32
  Speaker 1: That's gone. I mean, think about that.
• 7:34
  Speaker 4: It's gone at every level, at the lowest level in
• 7:39
  Speaker 4: your town, certainly in your state, and across the country.
• 7:42
  Speaker 4: There is no there's no ability, there's no common ground
• 7:48
  Speaker 4: for these politicians to get together. And then when you
• 7:50
  Speaker 4: think about, well, do you want common ground, And as
• 7:53
  Speaker 4: I was talking about last night, chances are we can't
• 7:56
  Speaker 4: find common ground in ninety percent of the issues. So
• 7:59
  Speaker 4: maybe common around is impossible. But partisanship still as a
• 8:04
  Speaker 4: driving force behind what ails America. So there needs to
• 8:09
  Speaker 4: be this again and saying this forever, come to Jesus
• 8:12
  Speaker 4: moment where we're some leader and it won't be Trump.
• 8:18
  Speaker 4: It's not really Trump's fault. Trump's not a unifier. Trump
• 8:21
  Speaker 4: is a disruptor. I've said that a million times. Somewhere
• 8:24
  Speaker 4: along the line, when America gets back on solid footing,
• 8:28
  Speaker 4: and we're putting our eggs in the Trump basket to
• 8:30
  Speaker 4: do that, figuring it out, fixing what we've got, as
• 8:33
  Speaker 4: far as an economy, fixing what we've got, as far
• 8:36
  Speaker 4: as debt, rebuilding the military, rebuilding the infrastructure, figuring out healthcare.
• 8:41
  Speaker 1: And if he can do that in that short three.
• 8:43
  Speaker 4: Years, somewhere down the line, hopefully the next election, hopefully,
• 8:47
  Speaker 4: if not that one, the one after that, someone emerges
• 8:50
  Speaker 4: as a person that people can look to that can
• 8:55
  Speaker 4: bring America together again. We're still the red, white, and blue,
• 9:00
  Speaker 4: and the division is still a huge, huge problem in
• 9:03
  Speaker 4: this country.
• 9:05
  Speaker 1: Racial angst.
• 9:07
  Speaker 4: I fight about this all the time, because I feel
• 9:10
  Speaker 4: like racism in this country is at an all time low, right,
• 9:14
  Speaker 4: and it's now being being driven in a large part
• 9:19
  Speaker 4: by the media and the race baiders.
• 9:24
  Speaker 1: So there are race baders out there. Of course, there
• 9:26
  Speaker 1: are media members.
• 9:27
  Speaker 4: Out there who are are just they want to keep
• 9:31
  Speaker 4: that factor of the equation alive and surviving, and I
• 9:40
  Speaker 4: do think it'll be it'll almost be gone by the
• 9:43
  Speaker 4: time this next generation grows up. I think we have
• 9:47
  Speaker 4: done a magnificent job compared to other countries when it
• 9:50
  Speaker 4: comes to this. We're still to me, we're the most We're.
• 9:54
  Speaker 1: The least racist nation in the world.
• 9:56
  Speaker 4: We're the most let's say, welcoming country on the planet.
• 10:03
  Speaker 4: So I think we still have to fight that. But
• 10:05
  Speaker 4: I do think that's something that's phasing itself out. And
• 10:08
  Speaker 4: again I'm just going over some things about America and
• 10:11
  Speaker 4: what it needs to do to be saved. Economic separation.
• 10:15
  Speaker 4: There's definitely economic separation. That's something that we need to tackle.
• 10:19
  Speaker 4: I do not have an answer for that. I do
• 10:21
  Speaker 4: not have a solution how you can make the ultra
• 10:25
  Speaker 4: all the ultra wealthy and the incredible working poor try
• 10:30
  Speaker 4: to get them together. It's something if there's ever going
• 10:33
  Speaker 4: to be a division in this country. I don't believe
• 10:35
  Speaker 4: it'll be a racial division, It'll be one of economic strife.
• 10:39
  Speaker 4: Now Trump has turned around border security, so that's key.
• 10:42
  Speaker 4: That's at least one of these pillars that has absolutely
• 10:45
  Speaker 4: been taken care of, at least for now.
• 10:47
  Speaker 1: The fearful part of that is.
• 10:48
  Speaker 4: Who's going to be you know, I still look ahead,
• 10:51
  Speaker 4: who's the next president of the United States and will
• 10:53
  Speaker 4: they continue border security? And then finally, we have to
• 10:56
  Speaker 4: make sure that our education is one hundred percent on
• 11:01
  Speaker 4: the up and up, and we've got to make sure
• 11:02
  Speaker 4: our kids are are killing it in the classrooms. All right,
• 11:07
  Speaker 4: I've got to get underneath the hood here trying to
• 11:08
  Speaker 4: fix this camera and see if we can't do that.
• 11:11
  Speaker 4: When we come back, we'll have a lot to talk
• 11:13
  Speaker 4: about coming up. As far as guests, We'll have our
• 11:15
  Speaker 4: good friend Myday Morning Show, Tony D'Angelo, an economic genius,
• 11:18
  Speaker 4: will join us at six thirty five, and then a
• 11:21
  Speaker 4: lecturer at amhert UMass Amherst, also an economic professor, will
• 11:26
  Speaker 4: join us talk tariffs, talk about the economy.
• 11:28
  Speaker 1: All that that'll be coming up in the second hour
• 11:29
  Speaker 1: here on the broadcast. Hang on, everybody, We'll be right back.
• 11:32
  Speaker 1: You are listening to the Root Reaction and Wayne Now
• 11:36
  Speaker 1: and Roots Show. We'll be back. Stick around everybody.
• 11:51
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  Speaker 1: All right, welcome back.
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  Speaker 4: No surprise, I was not able to fix the camera.
• 15:21
  Speaker 1: I know I'm getting feedback. Let's see. Hopefully it doesn't one.
• 15:27
  Speaker 1: All right, Hey, guys, I'm getting crazy feedback here here,
• 15:35
  Speaker 1: here are We're good. I guess we're good. I think
• 15:44
  Speaker 1: we go. I think we're good.
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  Speaker 4: Anyway, it's been a little bit of a rocky start
• 15:48
  Speaker 4: this afternoon. Sorry about that. I screwed some stuff up.
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• 16:46
  Speaker 4: I just have to vent. I have to vent about technology.
• 16:49
  Speaker 4: I just do. I don't know what it is like.
• 16:54
  Speaker 4: Literally nobody has walked into this studio. Not one knob,
• 17:00
  Speaker 4: one button has been changed, not one. And this is
• 17:05
  Speaker 4: the thing that is infuriating to me. It's just as
• 17:12
  Speaker 4: far as I know, everything's exactly the same. You flip
• 17:15
  Speaker 4: the switch, you're supposed to get the right shot, the
• 17:18
  Speaker 4: right picture, all of that, and what do you get?
• 17:20
  Speaker 1: Nothing? Youeah chaos? Am I the only one? Am I
• 17:24
  Speaker 1: the only one this happens to on a regular basis?
• 17:29
  Speaker 1: All Right?
• 17:30
  Speaker 4: I promise you from here on it I won't I
• 17:33
  Speaker 4: won't make any more noise about it. I got I
• 17:35
  Speaker 4: gotta like sort of what is that zen? I gotta
• 17:37
  Speaker 4: get a zen moment? Like there are certain things. I
• 17:41
  Speaker 4: think I'm a pretty easy going person for the most part,
• 17:43
  Speaker 4: until I reach a point and then when I hit
• 17:45
  Speaker 4: that point, like something clicks inside of me and I
• 17:48
  Speaker 4: kind of snapped. I got a little bit of a
• 17:49
  Speaker 4: temper when it comes down and it's technology, I swear
• 17:52
  Speaker 4: that brings it out.
• 17:54
  Speaker 1: Like why does it hate me so much? Why does
• 17:57
  Speaker 1: it not want to cooperate with me?
• 18:01
  Speaker 4: All Right, So when we come back, hopefully it'll be
• 18:06
  Speaker 4: ready to go write his rain. We'll keep firing away
• 18:10
  Speaker 4: at all cylinders and make it work moving forward and
• 18:12
  Speaker 4: the best that we can, Like this is not the
• 18:14
  Speaker 4: fault of anybody behind the scenes. This is probably Lee
• 18:16
  Speaker 4: Elsie user error idiot number one. And the time I
• 18:21
  Speaker 4: have left on a serious note, the helicopter crass in
• 18:26
  Speaker 4: New York City's You probably all saw the video of that,
• 18:30
  Speaker 4: and you know, about twenty years ago I took a course,
• 18:34
  Speaker 4: a survival course, and it was one of the more
• 18:39
  Speaker 4: most impactful experience of my entire life because what they
• 18:44
  Speaker 4: did was they put you in a mock of a
• 18:48
  Speaker 4: helicopter okay, and then they simulate a crash and then
• 18:52
  Speaker 4: they flip the helicopter over and you have to get out.
• 18:55
  Speaker 4: And this is in a controlled setting, in a controlled environment.
• 18:59
  Speaker 4: Here I am twenty years younger, than I am right
• 19:02
  Speaker 4: now with navy divers inside of this mock helicopter, just
• 19:07
  Speaker 4: in case something goes wrong.
• 19:09
  Speaker 1: And again, I don't know whether or.
• 19:13
  Speaker 4: Not those folks, those poor folks, were still alive when
• 19:15
  Speaker 4: they hit the water, but it is it was the
• 19:19
  Speaker 4: most scary experience of my entire life. And again, I
• 19:23
  Speaker 4: had two Navy seals in and around me. I was
• 19:26
  Speaker 4: strapped together. The helicopter hits, it fills up with water,
• 19:30
  Speaker 4: and then it flips over, and you have, you know,
• 19:34
  Speaker 4: the seat belt on and basically you take the seatbolt off,
• 19:37
  Speaker 4: and you're looking for air, obviously, and you try to
• 19:39
  Speaker 4: get out the door. And I went in the wrong direction,
• 19:43
  Speaker 4: even though I was you know, schooled and taught twenty
• 19:47
  Speaker 4: minutes prior to this thing happening. I can only imagine
• 19:50
  Speaker 4: the horror scene that had happened if, in fact, when
• 19:54
  Speaker 4: they hit they were still alive. So condolences to everybody
• 19:58
  Speaker 4: involved in that. That is not yeah, fun situation. All right,
• 20:02
  Speaker 4: here's the deal. I will take a couple of deep breasts,
• 20:05
  Speaker 4: we'll restart, we'll rego. A good friend of mine's going
• 20:08
  Speaker 4: to join us, Tony DiAngelo.
• 20:10
  Speaker 1: He's an economic guru.
• 20:11
  Speaker 4: We'll talk about the economy, we'll talk about Tarris.
• 20:15
  Speaker 1: We'll talk about some other things with him once again.
• 20:17
  Speaker 3: This is the Root Reaction.
• 20:18
  Speaker 1: Wayne is off tonight. He's down at mar A Lago
• 20:22
  Speaker 1: Robin elbows with the very powerful, very rich, and very famous.
• 20:25
  Speaker 4: He's the master of ceremonies at a big event at
• 20:28
  Speaker 4: mar Olago.
• 20:28
  Speaker 1: So kudos to him. We'll come right back again.
• 20:30
  Speaker 4: You're listening to the Root Reaction on the talk media network.
• 20:42
  Speaker 3: Hi, this is Wayne Al the Root for Ameo Life.
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  Speaker 6: You will know how much I value my health and
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  Speaker 3: What ever, welcome back.
• 21:56
  Speaker 4: This is of course the Root reaction way now and
• 21:58
  Speaker 4: Root is off. He is down at Mara Lago with
• 22:01
  Speaker 4: the President of the United States, literally with the President
• 22:05
  Speaker 4: of the United States and a whole bunch of millionaires
• 22:07
  Speaker 4: and billionaires hanging out at mar A Lago. Uh, changing
• 22:10
  Speaker 4: the world. Basically, he is the master of ceremony. So
• 22:13
  Speaker 4: kudos to him. My name is Lee Elsie. If you're
• 22:15
  Speaker 4: just joining us, you can you can watch on untamed
• 22:18
  Speaker 4: nation dot com. You can watch on Rumble, you can
• 22:21
  Speaker 4: watch on X. You can watch on Getter All at
• 22:23
  Speaker 4: Real at Real Wayne Route. I watch Wayne all the
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  Speaker 4: time on X, almost every night on X. It's just
• 22:30
  Speaker 4: a great place to land and it's it's good stuff.
• 22:32
  Speaker 4: And the folks behind the scenes are making it all go.
• 22:34
  Speaker 4: So before we bring on our next guest, this segment
• 22:37
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• 24:19
  Speaker 4: me right now is a friend of mine Morning Show's
• 24:21
  Speaker 4: been with me probably close to at least five years
• 24:24
  Speaker 4: on the areas. One of the smartest guys I know
• 24:26
  Speaker 4: when it comes to the economy, and he always has
• 24:29
  Speaker 4: a unique perspective on it. He's my good friend, Tony D'Angelo. Tony,
• 24:32
  Speaker 4: thank you for coming on. I appreciate it, appreciate your patience,
• 24:35
  Speaker 4: and I got a couple of questions for you, So
• 24:37
  Speaker 4: let me just start out.
• 24:39
  Speaker 1: I know we had talked about.
• 24:40
  Speaker 4: Some of the things that we were going to talk
• 24:41
  Speaker 4: about earlier today. But let me ask you, so, given
• 24:44
  Speaker 4: that the stock market carries inherent risk, not an entitlement,
• 24:50
  Speaker 4: and again, how should investors balance the potential for high
• 24:54
  Speaker 4: returns with the possibility of significant losses when you're trying
• 24:58
  Speaker 4: to build a diverse portfolio.
• 25:02
  Speaker 8: Well, first of all, good evening, le Elsie, good morning,
• 25:05
  Speaker 8: Good evening to the people on the I'm so used
• 25:08
  Speaker 8: to saying good morning to you, Good evening to the
• 25:10
  Speaker 8: people on the reaction. One thing to make very clear,
• 25:15
  Speaker 8: as you said, a market is not an entitlement.
• 25:19
  Speaker 9: A market is a market. And what are the fundamentals
• 25:23
  Speaker 9: of a market?
• 25:24
  Speaker 8: You have a willing buyer and a willing seller in
• 25:27
  Speaker 8: the ideal world, neither's under compulsion, and you arrive at
• 25:30
  Speaker 8: a price. Now, the securities markets are really the only
• 25:35
  Speaker 8: place that I know of. There's some other exchanges where
• 25:39
  Speaker 8: you can sell something immediately, like we've talked.
• 25:41
  Speaker 9: About on our show.
• 25:42
  Speaker 8: You know, since I've been on the buy window theory
• 25:45
  Speaker 8: of life, what is something worth?
• 25:48
  Speaker 9: Right now?
• 25:49
  Speaker 8: Today I've got to say I got a Rolex watch.
• 25:51
  Speaker 8: I don't own one, but they tell me it's worth
• 25:54
  Speaker 8: twenty five thousand dollars. Can I sell that right now? No,
• 25:58
  Speaker 8: it's worthless to me. Don't know when I'll be able
• 26:02
  Speaker 8: to sell it, or if I'll be able to sell it,
• 26:04
  Speaker 8: if I need to sell it. So basically, what it
• 26:06
  Speaker 8: is is that we have a market, a market.
• 26:08
  Speaker 9: It's not an entitlement.
• 26:10
  Speaker 8: The other thing is to your point or your question
• 26:14
  Speaker 8: as to what can we look at?
• 26:17
  Speaker 9: What should we do? Well, take the long view.
• 26:21
  Speaker 8: Look at what has happened since you know, Independence Day.
• 26:24
  Speaker 9: Look at what's happened since the announcement of terrors.
• 26:29
  Speaker 8: We've had ups, we've had downs, we have fanatical ups,
• 26:32
  Speaker 8: We've had you know, we've had back and forth. And
• 26:35
  Speaker 8: then you have to pull back and say, hey, wait
• 26:37
  Speaker 8: a minute, it's not Donald Trump's fault, it's not Joe
• 26:40
  Speaker 8: Biden's fault, it's not the man in.
• 26:42
  Speaker 9: The Moon's fault.
• 26:44
  Speaker 8: Where what's going to happen in the long view? And
• 26:47
  Speaker 8: where should I put my money? Now? Me, myself and
• 26:50
  Speaker 8: I I believe in stability.
• 26:53
  Speaker 9: I believe in innovation. I believe in America.
• 26:56
  Speaker 8: America has to actually catch up here, Trump le elsie
• 27:01
  Speaker 8: case in point. Trump would really want to see the
• 27:05
  Speaker 8: domestic automobile industries producing at a high level. Now, the
• 27:09
  Speaker 8: good part about that is he's got the rank and file.
• 27:13
  Speaker 8: But as we've talked about since time immemorial, the management
• 27:16
  Speaker 8: of Detroit, the top management of Detroit autmobile companies has
• 27:20
  Speaker 8: been incredibly stupid. I mean they sold out to the
• 27:23
  Speaker 8: whole Joe Biden Green New deal just because they thought
• 27:27
  Speaker 8: they saw the money.
• 27:27
  Speaker 9: Then they really fell on their heads.
• 27:29
  Speaker 8: So where I think if I'm looking at investments, I'm
• 27:33
  Speaker 8: saying these companies, I'm not giving specific investment advice, but
• 27:38
  Speaker 8: they will learn to adapt over time and do well. Now,
• 27:41
  Speaker 8: the other thing is innovation. I'm an Elon fan, I'm
• 27:45
  Speaker 8: a Tesla fan. I mean, that's where it's going, you know,
• 27:49
  Speaker 8: that's where it's basically going to happen.
• 27:51
  Speaker 9: And it's the kind of thing.
• 27:54
  Speaker 8: And this is where I think this lesson as far
• 27:56
  Speaker 8: as Harris, We're going to see craziness.
• 27:59
  Speaker 9: We're going to see nut stuff.
• 28:01
  Speaker 8: If you're at a point where you need money and
• 28:04
  Speaker 8: you need money to live on, please don't put one
• 28:06
  Speaker 8: hundred percent of everything in the market because the day
• 28:09
  Speaker 8: you needed it may not be there for what you
• 28:11
  Speaker 8: want to do.
• 28:12
  Speaker 9: You know, learn how to take.
• 28:15
  Speaker 8: An interest in your own investments so that you know,
• 28:19
  Speaker 8: where a lot of people trust their financial advisor. That
• 28:21
  Speaker 8: could be a big mistake because, as we talked about
• 28:25
  Speaker 8: on our morning show, the investment market, if you will,
• 28:29
  Speaker 8: or the financial market or the financial services market is
• 28:33
  Speaker 8: largely a sales market. Most people want to sell you something,
• 28:37
  Speaker 8: and that's okay if they're selling you the right thing.
• 28:40
  Speaker 8: But this is a time to kind of pull back,
• 28:42
  Speaker 8: get educated, and have some cash available. So if something
• 28:46
  Speaker 8: looks good to you at a good price again and
• 28:49
  Speaker 8: like America, buy into it and always have you know,
• 28:52
  Speaker 8: don't ever bet the rent, don't ever bet the ranch,
• 28:55
  Speaker 8: don't ever bet your kids tuition. You know, keep your
• 28:59
  Speaker 8: head about you. It is not gambling. It is a market.
• 29:01
  Speaker 8: It is investment, and take the long view.
• 29:04
  Speaker 4: So then that was part two of the opening question
• 29:07
  Speaker 4: I was going to hit you with, which is, you know,
• 29:09
  Speaker 4: the public has to be educated in a sense that
• 29:14
  Speaker 4: there's no guarantee of wealth that just because you put
• 29:16
  Speaker 4: a few dollars in the stock market for whatever reason,
• 29:19
  Speaker 4: or you know, on whatever company that you decided to choose,
• 29:23
  Speaker 4: you have to realize that there's always risk involved. So
• 29:25
  Speaker 4: you know, today it may go down five hundred tomorrow,
• 29:28
  Speaker 4: it may go up one thousand, and back and forth
• 29:30
  Speaker 4: it goes.
• 29:31
  Speaker 1: You know, eventually it is.
• 29:33
  Speaker 4: Going to sort of level out, at least it has,
• 29:35
  Speaker 4: but there is People have to understand that there is
• 29:37
  Speaker 4: risk involved. This is just not automatic easy money, right Tony.
• 29:41
  Speaker 8: There's no guarantee. People have gone to jail over that.
• 29:45
  Speaker 8: There was a man years ago he actually approached me
• 29:48
  Speaker 8: who thought that securitizing horse breeding, as far as selling
• 29:53
  Speaker 8: securities and race horses, was as safe as money in
• 29:57
  Speaker 8: the bank.
• 29:57
  Speaker 9: He was rightfully put in jail. I hope he stays there.
• 30:00
  Speaker 9: He's alive.
• 30:00
  Speaker 8: But the fact of the matter is, I'm glad you
• 30:02
  Speaker 8: brought that up with Elsie. One of the best weapons
• 30:05
  Speaker 8: the individual has an old strategy. It's called dollar cost averaging,
• 30:10
  Speaker 8: So that you set aside a little money every week,
• 30:12
  Speaker 8: every paycheck, and whatever these things are that you believe
• 30:16
  Speaker 8: will do well, you buy in so that if you
• 30:19
  Speaker 8: get a dip or if you get a you know,
• 30:21
  Speaker 8: crazy tariff announcement or China's not going to send us
• 30:24
  Speaker 8: anything whatsoever, and we're doomed and the stuff is selling
• 30:28
  Speaker 8: it great discounts. Hey, you can buy a lot of
• 30:31
  Speaker 8: shares at that and then when the wind changes, you'll
• 30:34
  Speaker 8: watch those shares increase. So it's not like, you know,
• 30:37
  Speaker 8: the dealing with your personal investments is not like Ron Polpeel.
• 30:42
  Speaker 8: You know, set it and forget it, you know the
• 30:44
  Speaker 8: whatever it was, the vegimatic.
• 30:45
  Speaker 9: You have to pay attention and you have to give
• 30:47
  Speaker 9: it a look.
• 30:48
  Speaker 8: And if you're one of the few that has a
• 30:51
  Speaker 8: good manager, keep in contact with them. Watch the portfolio.
• 30:56
  Speaker 8: If you see a dip, which you might see, then say, okay,
• 31:00
  Speaker 8: I've got this money. Where is the way the market
• 31:04
  Speaker 8: and the economy is moving. I mean, it's a there's
• 31:08
  Speaker 8: going to be ups and downs. There's going to be
• 31:10
  Speaker 8: back and forth, and you know, you don't want to
• 31:13
  Speaker 8: sit there and say so many people said, well that's
• 31:16
  Speaker 8: my retirement. Now I have to go and get a
• 31:18
  Speaker 8: job at Walmart. And you know it's who do I
• 31:22
  Speaker 8: blame the economy or you? Because you should have been
• 31:25
  Speaker 8: paying better attention to know that there's no guarantees in
• 31:28
  Speaker 8: this stuff. You have to continually pay attention. Ultimately, you
• 31:31
  Speaker 8: are responsible.
• 31:32
  Speaker 4: Our good friend Tony D'Angelo is with us a regular
• 31:34
  Speaker 4: on my morning show here in Connecticut, Rhode Island and
• 31:37
  Speaker 4: Long Island and let me switch gears and go to tariff.
• 31:39
  Speaker 4: So tariff the function do they function on? As taxes
• 31:43
  Speaker 4: on imported goods? How do they impact the consumer prices
• 31:48
  Speaker 4: domestic industries in terms of cost and competitiveness?
• 31:52
  Speaker 3: Tony, Well, look.
• 31:54
  Speaker 9: At it this way.
• 31:55
  Speaker 8: You know many many people come on TV and radio
• 31:58
  Speaker 8: and they say a tariff is a you know, we've
• 32:01
  Speaker 8: all got to bear the tariff. And I mean this
• 32:03
  Speaker 8: is where Elvis Presley had that derringer. Whenever something bothered him,
• 32:08
  Speaker 8: he would shoot the screen. I you know, my wife
• 32:10
  Speaker 8: Kathy won't let me do that. But guess what, people,
• 32:13
  Speaker 8: A tariff is not a tax. It's something different. It's
• 32:16
  Speaker 8: called a duty. For example, if I go into the
• 32:21
  Speaker 8: BMW dealership, if I were so economically in doubt, and
• 32:25
  Speaker 8: they tell me, well, the car is one hundred thousand dollars,
• 32:27
  Speaker 8: but because of the tariff, you have to pay one
• 32:29
  Speaker 8: hundred and twenty.
• 32:30
  Speaker 9: I don't have to pay a thing, Willy Elsie.
• 32:32
  Speaker 8: I can walk out and go to somewhere else and
• 32:34
  Speaker 8: buy a car for cheaper. That's why it's not a
• 32:37
  Speaker 8: tax or as a tax. An income tax is something
• 32:41
  Speaker 8: that you know we all pay. We have no choice.
• 32:43
  Speaker 8: So my belief we'll get to that as time goes on.
• 32:46
  Speaker 8: But I think this is something we need to do,
• 32:49
  Speaker 8: and I think it's something we'll adjust to.
• 32:52
  Speaker 4: Tony D'Angelo is with us to We're going to keep
• 32:54
  Speaker 4: you over for the next break because I got a
• 32:56
  Speaker 4: couple other questions for you. I want to ask you
• 32:58
  Speaker 4: about the twenty seventeen tax and how that impacted our
• 33:02
  Speaker 4: economy and if it's similar to what we're going on
• 33:05
  Speaker 4: sounds good.
• 33:06
  Speaker 1: Tony d will be with us when we come back
• 33:07
  Speaker 1: once again. You are listening to the Root Reaction.
• 33:10
  Speaker 10: You can watch us live on Rumble on Getter at
• 33:12
  Speaker 10: Real Wayne Root of course right there on Talk Media
• 33:15
  Speaker 10: Network across the entire country and Untamed Nation dot com
• 33:19
  Speaker 10: stick around. My name is Lee Elsie filling in for
• 33:21
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  Speaker 6: gone down hit new all time eyes every day and
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  Speaker 6: was it the greatest thing last week? When everything else
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  Speaker 6: is dropping, gold held its own. Gold is just flying
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  Speaker 6: Central bankster binol they can get their hands on. There
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  Speaker 6: is no physical goal, very hard to get. Trillions have
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  Speaker 6: been wipe for retirement accounts in the last few weeks.
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  Speaker 6: You gotta know how to own physical gold. On Wednesday,
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  Speaker 6: April sixteenth, eight pm Eastern, I am hosting Wayne Rood
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  Speaker 3: And also to put gold in your IRA account. Just
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  Speaker 3: for its tending.
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  Speaker 6: You get thirteen hundred dollars wealth protection offer. You could
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  Speaker 3: Text goal to eight five five.
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  Speaker 6: You could qualify for up to one thousand dollars in
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  Speaker 3: Text goal to eight five five four y five.
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  Speaker 4: That's why I like these guys in Minnesota. They play
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  Speaker 4: the good music. All right, Welcome back Root Reaction. Wayne
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  Speaker 4: is not here. He's in mari Lago hanging out with
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  Speaker 4: the president of the United States, which is a pretty
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  Speaker 4: big deal. Before we get back to our guest, this
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  Speaker 4: My friend Tonydangelo is with us, so Tony before we
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  Speaker 4: got to the break, and unfortunately we.
• 38:09
  Speaker 1: Don't have a lot of time, so I'm just going
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  Speaker 1: to let you go loose on this.
• 38:12
  Speaker 4: Tell me about the tax cuts, the economic effects in
• 38:15
  Speaker 4: question from twenty seventeen.
• 38:18
  Speaker 8: Leading back to where we were again good evening everybody where.
• 38:21
  Speaker 9: The tariffs were.
• 38:23
  Speaker 8: If you jump into tariff, does the tariff bother you?
• 38:27
  Speaker 8: If you're looking at one hundred percent business expensing for
• 38:31
  Speaker 8: an asset which the President has proposed, and it's like.
• 38:36
  Speaker 9: You come out way ahead.
• 38:37
  Speaker 8: The fact the way this is supposed to work is
• 38:40
  Speaker 8: that the tax cut is supposed to make your income
• 38:43
  Speaker 8: taxes lower, so that if the good price is higher,
• 38:48
  Speaker 8: number one, it doesn't bother you.
• 38:49
  Speaker 9: And number two, there's more capital. There's more capital to
• 38:52
  Speaker 9: do things.
• 38:53
  Speaker 8: That is the way it's supposed to work. Where I
• 38:56
  Speaker 8: am particularly bothered is that Congress is being very cavalier
• 39:02
  Speaker 8: in passing this tax. Maybe we'll get it by a
• 39:05
  Speaker 8: Memorial Day. I'm gonna say two things. Number One, right now,
• 39:08
  Speaker 8: we're working under the twenty seventeen rules. If nothing happens,
• 39:12
  Speaker 8: if there is no agreement, we're back with maybe a
• 39:15
  Speaker 8: fifteen or twenty percent higher rate next year, just by default.
• 39:20
  Speaker 8: And the other thing is that you know, people get well,
• 39:23
  Speaker 8: what about the deficit? What about this?
• 39:25
  Speaker 9: What about that we're in such bad shape?
• 39:28
  Speaker 8: And we've discussed this on our show, Lee, I'll see
• 39:30
  Speaker 8: where you've got to get capital moving. It's almost like
• 39:34
  Speaker 8: you've got a mainstream it, mainline IT at this point,
• 39:38
  Speaker 8: and then cut the spending. But you know, for now,
• 39:41
  Speaker 8: let's just get the capital moving, Let's get the tax
• 39:44
  Speaker 8: race slower, let's bring the production back. And that's they're
• 39:48
  Speaker 8: being very, very very goofball about this, and it's troubling
• 39:51
  Speaker 8: me personally because if we don't do that, we're disenfranchising
• 39:56
  Speaker 8: a whole bunch of young people who will never have
• 39:59
  Speaker 8: the economic aerothal to buy anything, to even have what
• 40:02
  Speaker 8: you and I might consider a normal life at our
• 40:04
  Speaker 8: agent stage. And that's and if you make their taxes lower,
• 40:10
  Speaker 8: they will be able to spend more to have their families,
• 40:13
  Speaker 8: to have their homes and you know, start their businesses.
• 40:17
  Speaker 8: Politicians hate that, by the way. They don't like not
• 40:19
  Speaker 8: being in control. So that's kind of where I'm at.
• 40:22
  Speaker 8: It's keep these rates where they are, make them lower
• 40:25
  Speaker 8: and yes, past one hundred percent expensing. That's going to
• 40:28
  Speaker 8: be a great offset to the terraffs, which we need
• 40:31
  Speaker 8: to get the trade straight.
• 40:32
  Speaker 9: Now that's the way it's supposed to work.
• 40:35
  Speaker 4: With that being said, if we do, in fact do
• 40:37
  Speaker 4: all that I mean in lower taxes at the same time,
• 40:41
  Speaker 4: can we eventually still cut into the national debt?
• 40:43
  Speaker 3: Tony, Well, we.
• 40:46
  Speaker 9: Can if we cut the spending. That's basically it.
• 40:50
  Speaker 8: You hear a lot of stuff about Doze and the
• 40:53
  Speaker 8: things that they're doing. We need to see those results tangibly.
• 40:57
  Speaker 8: We can do it, and we can provided we have
• 41:01
  Speaker 8: good economic generation in the country, because more people at
• 41:06
  Speaker 8: higher wages is going to create a higher tax base
• 41:10
  Speaker 8: with a whole lot less pain to them. That's basically
• 41:13
  Speaker 8: how this is supposed to work. And it's also would
• 41:17
  Speaker 8: be the dilution of government, which I think all of
• 41:21
  Speaker 8: us can use and need. We do need government, but
• 41:24
  Speaker 8: we don't need government in every single area of our lives.
• 41:27
  Speaker 4: We're talking to Tony DiAngelo. He's a friend of my
• 41:29
  Speaker 4: morning show here in Connecticut, and he's one of the
• 41:31
  Speaker 4: smartest guys I know when it comes to money and
• 41:34
  Speaker 4: finances and all that. We're lucky to get him here,
• 41:37
  Speaker 4: not only the radio on Talk Media Network.
• 41:39
  Speaker 1: But across the country on on Tame Nations.
• 41:41
  Speaker 4: So Tony has always I cannot thank you enough for
• 41:43
  Speaker 4: doing any of that, anything else, any last lights as
• 41:45
  Speaker 4: far as towers, etc. Ago your audio is still on,
• 41:49
  Speaker 4: TONI I think we lost the video with you, but
• 41:50
  Speaker 4: your audio is still there.
• 41:52
  Speaker 1: Did we lose? Tony k there is.
• 41:56
  Speaker 8: Being your elected official saying you want the one hundred
• 42:00
  Speaker 8: percent tax cuts and make them job one because we've
• 42:04
  Speaker 8: got to get capital moving in this country and the
• 42:07
  Speaker 8: great economic agenda that Donald Trump has promised, you know,
• 42:11
  Speaker 8: frack burn Drew baby Drew, which we need cheap energy
• 42:14
  Speaker 8: and high production.
• 42:16
  Speaker 9: We're never going to see it if we don't have it.
• 42:18
  Speaker 4: Tony, thank you, appreciate you very much.
• 42:20
  Speaker 1: I'll talk to you very soon. Than thank you for
• 42:22
  Speaker 1: doing what you do. And again there you go. Tony Dangelo,
• 42:24
  Speaker 1: friend of my show here and a friend to all
• 42:26
  Speaker 1: of you across the entire country. So what we'll do
• 42:29
  Speaker 1: is we'll take a short break.
• 42:30
  Speaker 4: We'll come right back, try to reset what's happening here
• 42:32
  Speaker 4: in the studio.
• 42:33
  Speaker 1: Coming up at the bottom of the hour, we'll talk to.
• 42:36
  Speaker 4: A lecturer in economics at UMass amherst As. Everyone is
• 42:39
  Speaker 4: talking about the economy, everyone's talking about the stock market,
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  Speaker 4: everyone is talking about economics in general. And I promise
• 42:46
  Speaker 4: you the next sixty minutes will be broadcasting, well be
• 42:51
  Speaker 4: epic broadcasting.
• 42:52
  Speaker 1: I promise you. Hang on, you're listening to the root reactions.
• 42:54
  Speaker 1: Stick around.
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