Latest / The Mark Simone Show / Mark's 10am Monologue.
Transcript
- 0:00Speaker 1: This is seven to R Boy, The Mark Simoon Show starts. Now, Hey,
- 0:11Speaker 1: we got a lot to get to today. We'll get
- 0:14Speaker 1: to President Trump. He's leaving for China in a couple
- 0:16Speaker 1: of hours. We'll get to Iran. We'll get to the terrible,
- 0:21Speaker 1: awful antisemitic attacks that have been taking place in New York,
- 0:25Speaker 1: in London, but especially here in New York, and a
- 0:27Speaker 1: mayor that's doing absolutely nothing about it. Lots to get
- 0:32Speaker 1: to today. We'll get to prices are going to be
- 0:34Speaker 1: coming down on a few things. President Trump has given
- 0:37Speaker 1: Democrats a new name. You know, he's great at nicknaming
- 0:41Speaker 1: people Pocahontas and Sleepy Joe and low energy Jeb. He's
- 0:46Speaker 1: now calling them democrats, dum democrats. So let's all do
- 0:53Speaker 1: that from now on, just say democrats, not Democrats. Democrats.
- 0:57Speaker 1: President unleashing that yesterday on truth Social So from now on,
- 1:02Speaker 1: it's Democrats Democrats. And the poster boy obviously would be
- 1:06Speaker 1: Hakeem Jeffries, very very low IQ guy, and the minority
- 1:13Speaker 1: the Democrat minority leader. So he's going to leave for
- 1:19Speaker 1: China in a little while. Now, if you read the
- 1:21Speaker 1: fake news, follow the fake news, watch the fake news,
- 1:24Speaker 1: you are led to believe that he's going to China,
- 1:26Speaker 1: this is going to be a rough trip. He has
- 1:28Speaker 1: no leverage, and he's going to look weak. I've been
- 1:32Speaker 1: hearing that word weak. He weak in front of China.
- 1:34Speaker 1: No leverage weak, weak weak. The opposite is true. China's
- 1:40Speaker 1: economy is not very strong. It's it's a little bit
- 1:44Speaker 1: of trouble. Their economy is weak right now. Our economy
- 1:47Speaker 1: is booming, the stock market, earnings, corporations, jobs, everything. There's
- 1:52Speaker 1: a little spike in gas prices due to the Iran conflict,
- 1:55Speaker 1: but otherwise the economy is in phenomenal shape. We're taken
- 1:59Speaker 1: in more more money than ever before. We're pumping more
- 2:02Speaker 1: oil than we've ever pumped. We're now pumping more oil
- 2:05Speaker 1: than anybody in the world with the biggest exporter. The
- 2:08Speaker 1: economy is booming. China's economy is weak. It's fragile right now.
- 2:13Speaker 1: It's not, you know, in real trouble, but it's close.
- 2:17Speaker 1: It's close. It's not strong right now. And China's got
- 2:20Speaker 1: a problem with the Iran conflict. Half their oil comes
- 2:24Speaker 1: from Iran, so they've lost fifty percent of their supply.
- 2:27Speaker 1: So actually Trump has a lot of leverage. It's China
- 2:30Speaker 1: that really has no leverage right now. They need the
- 2:33Speaker 1: Iran conflict settled a lot more than we do. So
- 2:36Speaker 1: he's going to China. He'll leave this afternoon. The big
- 2:39Speaker 1: meetings to take them Today's Tuesday. You know, by the
- 2:42Speaker 1: time he gets there, it's tomorrow night, So the big
- 2:44Speaker 1: meetings are on Thursday. With them, he's taking with him
- 2:47Speaker 1: a lot of big CEOs. Tim Cook of Apple, Elon Musk,
- 2:52Speaker 1: the CEO of Boeing. One reason you take these guys
- 2:55Speaker 1: is you want to help them get business. You want
- 2:57Speaker 1: to help them get contracts. You want to help Boeing
- 3:00Speaker 1: sell a lot of planes over there in China. Tim
- 3:02Speaker 1: Cook already does a lot of business in China, but
- 3:06Speaker 1: so it should be a pretty successful trip. Hey, Bill,
- 3:09Speaker 1: O'reilly'll be with us later in the second hour. Now,
- 3:12Speaker 1: he went to China. He's been through this in the
- 3:15Speaker 1: last few months, so he can tell you all about
- 3:17Speaker 1: what it's like in China and what the problems are
- 3:19Speaker 1: when you get there. You can't bring your phone because
- 3:22Speaker 1: they'll embed stuff in your phone, you can't bring your computer. Well,
- 3:26Speaker 1: he'll tell us all about it. The surveillance they do
- 3:29Speaker 1: on you, it's really eerie. Anyway, we'll get to that
- 3:32Speaker 1: coming up. President Trump wants to call Ice nice. It's
- 3:38Speaker 1: Immigration and Customs reformed. That's why it's Ice. He wants
- 3:41Speaker 1: to add National Immigration and Customs Enforcement. Just change the
- 3:46Speaker 1: name instead of Immigration Customs and Enforcement national Immigration Customs
- 3:51Speaker 1: and Enforcement. And that way it would be nice and
- 3:56Speaker 1: the Democrats would have to call it nice. Now. The problem,
- 4:01Speaker 1: the only problem. I hear the people in Ice. The
- 4:03Speaker 1: officers don't want it to say nice on their hat.
- 4:06Speaker 1: They don't want it to say nice. You know, these
- 4:09Speaker 1: are tough warriors. They don't want to say nice on
- 4:13Speaker 1: the front of their jacket. But he's thinking of changing
- 4:16Speaker 1: the name.
- 4:16Speaker 2: I wanted to change the name of Ice, which is
- 4:21Speaker 2: a tough name, you know, to Nice, so that when
- 4:25Speaker 2: the fake news reports they said it was a nice
- 4:29Speaker 2: day with Nice.
- 4:32Speaker 1: Well, it would be good to do, just to drive
- 4:34Speaker 1: the left crazy, just to make them completely nuts. Now,
- 4:37Speaker 1: price of oil, it is up, but the President has
- 4:41Speaker 1: proposed a lot of stuff. There's things you can do
- 4:43Speaker 1: to lower I mean, as soon as the war or
- 4:45Speaker 1: whatever it is in Iran ends, the price will plunge.
- 4:50Speaker 1: It will plunge to it Probably the lowest point in
- 4:53Speaker 1: zillions of years. But until that point, you can you
- 4:56Speaker 1: can give some relief. You can remove the gas tax.
- 4:59Speaker 3: Yeah, I'm gonna reduce until they. Let me tell you,
- 5:03Speaker 3: as soon as this is over with Iran. As soon
- 5:06Speaker 3: as it's over, you're gonna see gasoline and oil drop
- 5:11Speaker 3: like a rock.
- 5:12Speaker 1: Yeah. So he is talking about getting rid of the
- 5:15Speaker 1: gas tax for a while. It's about eighteen and a
- 5:17Speaker 1: half cents a gallon and it brings in about forty
- 5:21Speaker 1: billion in annual revenue, goes to the Highway Trust Fund.
- 5:24Speaker 1: But you could suspend it for a month or two.
- 5:26Speaker 1: That's not hard to do. So that's about eighteen cents
- 5:28Speaker 1: a gallon you're paying when you buy a gallon of gas,
- 5:30Speaker 1: you're paying about a dollar of it in taxes federal, state,
- 5:34Speaker 1: local tax. You know, despite what you think the oil companies,
- 5:38Speaker 1: they really don't make that much. Now, the gas station
- 5:42Speaker 1: on a gallon of gas, the net profit to a
- 5:46Speaker 1: gas station on a gallon is about five cents. So
- 5:49Speaker 1: out of that four bucks, the gas station is only
- 5:52Speaker 1: getting about five cents. They get a little more, but
- 5:54Speaker 1: I'm talking about net profit because their costs are really high.
- 5:59Speaker 1: You know, a gas station is huge, huge overhead costs.
- 6:03Speaker 1: The margins are high. Big overhead costs, you know, like
- 6:05Speaker 1: credit card fees, labor, transport, reduce their profit. You know.
- 6:10Speaker 1: In many of those gas stations, the gas is actually
- 6:13Speaker 1: a lost leader. In many of those gas stations, the
- 6:15Speaker 1: station isn't even making a profit. They make all their
- 6:18Speaker 1: money when you go in. You know, it's a convenience
- 6:20Speaker 1: store too. It's when you buy something there where they
- 6:22Speaker 1: make most of their money. So if you just pull
- 6:24Speaker 1: and get your gas and leave, you're not one of
- 6:27Speaker 1: their favorite customers. If you come there inside and buy
- 6:29Speaker 1: some stuff, you're really helping them out. Now, the oil companies,
- 6:32Speaker 1: how much do they make on a gallon of gas? Well,
- 6:35Speaker 1: it depends on where you are in the country, but
- 6:38Speaker 1: it's about ten to thirty cents the oil companies, that's
- 6:42Speaker 1: the net profit. Now, remember their costs are very high,
- 6:44Speaker 1: you know, like it costs them like fifty percent of
- 6:48Speaker 1: the price just to refine the gas and all that stuff.
- 6:51Speaker 1: So on a gallon of gas, the oil company only
- 6:53Speaker 1: makes about ten to thirty cents and the rest of
- 6:56Speaker 1: that is mostly taxes, fees, all that sort of stuff.
- 6:59Speaker 1: So the president wants to cut the federal gas tax.
- 7:02Speaker 1: That'll bring some relief. And then the other thing, you
- 7:04Speaker 1: can release oil from the Strategic Petroleum Reserve. He was
- 7:08Speaker 1: talking about releasing fifteen million barrels. So far we only
- 7:12Speaker 1: released four million barrels four million. But the reason it's
- 7:17Speaker 1: going so the release is slow is we don't have
- 7:20Speaker 1: enough pipelines to get it all out there. We're limited
- 7:23Speaker 1: on the pipeline, so they're releasing it as fast as
- 7:25Speaker 1: they can. So you could release fifteen even forty million.
- 7:28Speaker 1: You could release forty million barrels. This talk of even
- 7:31Speaker 1: doing that flood the market with forty million barrels. Now
- 7:34Speaker 1: you can do it because the Strategic Petroleum Reserve has
- 7:38Speaker 1: over four hundred million barrels in it and this is
- 7:42Speaker 1: what it's for in a time of war if you
- 7:43Speaker 1: need it, so you can you could easily do forty million.
- 7:46Speaker 1: He's also going to lower prices on some other things.
- 7:48Speaker 1: You know, if you go to a steakhouse, and steak
- 7:52Speaker 1: was always high priced, you know it's steak fifty dollars.
- 7:55Speaker 1: Now when you go to steakhouse seventy five dollars, eighty dollars,
- 7:58Speaker 1: ninety five dollars, a hundre undred dollars for a steak.
- 8:01Speaker 1: And by the way, the restaurant is not gouging. In
- 8:05Speaker 1: most cases, the big fancy steakhouse and the steaks one
- 8:08Speaker 1: hundred dollars, they're not making any profit on it. Yeah,
- 8:11Speaker 1: believe it or not, they're costs. They're paying like ninety
- 8:14Speaker 1: three dollars for the steak, and then the rest of
- 8:17Speaker 1: that goes to staff, rent, all that sort of stuff.
- 8:21Speaker 1: So when you ordered one hundred dollars steak, they're really
- 8:23Speaker 1: not so thrilled. If you order the side order the broccoli,
- 8:27Speaker 1: then you're doing them a favor. The broccoli they can
- 8:29Speaker 1: charge you fifteen dollars for and it probably cost them
- 8:32Speaker 1: thirty cents. So all the profit now is in the
- 8:34Speaker 1: side dishes. But the reason the price of steak went
- 8:39Speaker 1: so crazy is the shortage of cattle. It's been a
- 8:41Speaker 1: huge cattle shortage. The cattle supply, the cattle herd is
- 8:46Speaker 1: down to a seventy five year low. Part of it
- 8:49Speaker 1: was record drought and higher production costs, and then there
- 8:53Speaker 1: were all sorts of disease and illness that went through
- 8:56Speaker 1: the American cattle. So the President is going to do
- 9:00Speaker 1: an executive order that will temporarily suspend all tariffs on
- 9:05Speaker 1: imported beef. So the first step, he's going to get
- 9:07Speaker 1: a lot more imported beef in here. That will lower
- 9:10Speaker 1: the price short term, allow a lot more imported beef
- 9:13Speaker 1: to come in. Long term, they're trying to increase the
- 9:16Speaker 1: herds right now. So he's rolling back all these crazy
- 9:19Speaker 1: regulations protection so the cattle people can start raising more cattle.
- 9:25Speaker 1: There's been another problem. The ranchers are forced to do
- 9:30Speaker 1: all kinds of things. They got to put electronic ear
- 9:32Speaker 1: tags on all cattle and all that stuff. There's problems
- 9:36Speaker 1: with the grass that the cattle graze on. They have
- 9:38Speaker 1: to all kinds of regulations. You're going to lift a
- 9:40Speaker 1: lot of them. But the other problem is extremely dry
- 9:43Speaker 1: conditions that drought reduce the amount of grass available for grazing.
- 9:48Speaker 1: So but the president working on it. He'll bring the
- 9:51Speaker 1: price of beef down. Price of eggs is already down.
- 9:55Speaker 1: He's got that down. And yeah, beef prices up almost
- 9:59Speaker 1: f fifty just in the last five years. So yeah,
- 10:05Speaker 1: so hey, the World Cup is coming to the United
- 10:11Speaker 1: States and everybody's already complaining about the prices, you know,
- 10:15Speaker 1: thousands of ticket and then but it starts June eleventh
- 10:18Speaker 1: in Mexico City and then it comes here. But people,
- 10:22Speaker 1: I'm looking at some of the things they're selling online.
- 10:24Speaker 1: You know, there's seats that are going for thirty three
- 10:28Speaker 1: thousand dollars July nineteenth, MetLife Stadium. There's some seats for
- 10:33Speaker 1: thirty three thousand dollars. So this is like sports meets
- 10:39Speaker 1: met Gala. Just preposterous, ludicrous, irrational prices. It's triple the
- 10:44Speaker 1: cost of the most expensive ticket ever sold before. Even
- 10:49Speaker 1: if you just want a regular seat, it's going to
- 10:51Speaker 1: be about two thousand and three thousand, absolutely ridiculous. I mean,
- 10:54Speaker 1: they'll probably get people to pay for it. So I
- 10:57Speaker 1: guess we're wrong. I guess they can get away with it.
- 10:59Speaker 1: They can get away with it. Hey, James Coomy, the
- 11:05Speaker 1: totally dirtiest FBI director ever, James Comy Big interview yesterday.
- 11:09Speaker 1: I guess where he chose for the interview, Yeah, MSNBC
- 11:13Speaker 1: or MS whatever the hell it's called now, And he
- 11:16Speaker 1: went after Trump, saying he has a bottomless desire to
- 11:20Speaker 1: gain revenge. He's using the DOJ to target his enemies
- 11:26Speaker 1: from the guy who set the all time record from
- 11:29Speaker 1: using the justice Department to target enemies. He started with
- 11:32Speaker 1: Trump and then they went after anybody anything with Trump.
- 11:35Speaker 1: He's the guy Komy that pushed that crazy, ridiculous Russia hoax.
- 11:41Speaker 1: He was the FBI director. He was so deep into
- 11:44Speaker 1: that Russian dossier that he knew it was fake. He
- 11:47Speaker 1: knew it was a fraud, he knew it was based
- 11:49Speaker 1: on nothing, he knew it was paid for by Hillary Clinton.
- 11:52Speaker 1: Yet he still went ahead on it and pushed that
- 11:56Speaker 1: Russia hoax and nothing. Then tried to blackmail the president
- 11:59Speaker 1: the first time he met him, showed him all this
- 12:01Speaker 1: disgusting stuff he had on him. Just a real Jay
- 12:04Speaker 1: Edgar Hoover, but actually worse Jay Edgar Hoover had a
- 12:08Speaker 1: limit on it on how much you would do this.
- 12:09Speaker 1: Camy a really, really bad guy. So the fact that
- 12:12Speaker 1: he's doing these interviews means he's trying to do some
- 12:16Speaker 1: damage control. I think I guess he realizes he does
- 12:19Speaker 1: have a problem. Hey, you know, sixty Minutes landed a
- 12:22Speaker 1: big interview with Benjamin Nett Yahoo, and sixty Minutes was
- 12:27Speaker 1: stunned when the new CBS News president Barry Wise stepped
- 12:31Speaker 1: in and decided the interview the big exclusive, big interview
- 12:34Speaker 1: with Benjamin Nett Yahoo would be done by Major Garrett,
- 12:40Speaker 1: not by the sixty minutes All Stars, not by Leslie Stall.
- 12:44Speaker 1: They were unbelievably livid. They were furious, they were fuming
- 12:47Speaker 1: at sixty minutes. She handed it to Major Garrett. Why
- 12:51Speaker 1: because he's more of a real, real journalist, more of
- 12:54Speaker 1: a real neutral sort of a reporter, would ask all
- 12:57Speaker 1: the good questions, all the legitimate questions. Remember, Leslie Stall
- 13:01Speaker 1: has a history of lying in interviews, rigging interviews. The
- 13:05Speaker 1: most famous one was the Trump interview where he talked
- 13:08Speaker 1: about their surveillance on my campaign in twenty fifteen sixteen,
- 13:13Speaker 1: and she neared screaming at him, that's not true, that's
- 13:15Speaker 1: not true. There's no evidence. Well, of course it was true,
- 13:18Speaker 1: and there was evidence of it. It was later proven,
- 13:20Speaker 1: so she was totally wrong. And every time she's interviewed
- 13:23Speaker 1: President Trump, he kind of enjoys it. He doesn't like
- 13:27Speaker 1: easy interviews, he likes those fake news. He likes fighting
- 13:30Speaker 1: with him. But every time she's interviewed him, she's made
- 13:32Speaker 1: up all kinds of crap instead of just trying to
- 13:35Speaker 1: get information out of him, to try to catch him
- 13:37Speaker 1: in things, accusing of things, so it's not a real interview.
- 13:40Speaker 1: You need Barry Weissee's absolutely right. So we can give
- 13:43Speaker 1: it to an actual, neutral, legitimate reporter anchor. So Major
- 13:48Speaker 1: Garrett will do the interview. The anti Semitic attacks will
- 13:51Speaker 1: get to that coming up. It's a real problem. It's
- 13:54Speaker 1: out of control in London, thousands of thousands of Jews.
- 13:58Speaker 1: Actually march was just good, good organizing demanding the government
- 14:03Speaker 1: do something about it. But it happened in New York.
- 14:05Speaker 1: It's happening in New York yesterday, out of control at
- 14:10Speaker 1: a synagogue in Brooklyn. The mayor, this is the number
- 14:13Speaker 1: one responsibility of the mayor to speak out, to do
- 14:17Speaker 1: something when stuff like this happens. He's nowhere to be found.
- 14:20Speaker 1: The police tried to do what they could, but you know,
- 14:24Speaker 1: sometimes they're handcuffed more than the criminals. And they got
- 14:27Speaker 1: to start. And the mayor's got to do this. If
- 14:29Speaker 1: you're going to have these kind of violent, crazy anti
- 14:32Speaker 1: Semitic and thanks Democrats for unleashing this crap on us,
- 14:36Speaker 1: but if you're going to have those kind of protesters,
- 14:38Speaker 1: you gotta the city has to enforce all this stuff.
- 14:41Speaker 1: You got to set up a barrier you know, if
- 14:43Speaker 1: the synagogue is here, the barriers over there, they're across
- 14:46Speaker 1: the street. They can yell and scream, they have the
- 14:49Speaker 1: right to protest, hold up their signs, yell and scream,
- 14:52Speaker 1: but across the street, so they can't menace, hurt, or
- 14:55Speaker 1: do anything to the people going in and out of
- 14:58Speaker 1: the synagogue. So may still silent on this. It's just awful. Anyway,
- 15:02Speaker 1: we'll get back to that. We've got a lot to
- 15:03Speaker 1: talk about. We'll take some calls next. Eight hundred three
- 15:07Speaker 1: two one zero seven ten is the number. Eight hundred
- 15:11Speaker 1: three two one zero seven ten.