Latest / Cultural Wars | America Out Loud News / America is hot 4.4% economic growth and Delta’s $1.3 billion profit sharing

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America is hot 4.4% economic growth and Delta’s $1.3 billion profit sharing · Cultural Wars | America Out Loud News

• 0:08
  You're listening to the Hidden Lightness on America Out Loud Talk Radio.
• 0:12
  I'm your host, Jimmy Hinton.
• 0:15
  Doom and gloom is not what we do on this show.
• 0:19
  So I want to share, of course, some really good news.
• 0:24
  And that has to do with our economy here in the United States, which we're told is in the gutter.
• 0:32
  It's falling apart.
• 0:34
  Everything is failing.
• 0:36
  We're gonna be a developing nation.
• 0:39
  They used to be called third world nations.
• 0:43
  But people believe we're gonna be absolutely just coming apart at the seams.
• 0:49
  In fact, we already are, or so they think.
• 1:07
  No surprises there.
• 1:09
  He said, uh, I think Gavin Newsom may be cracking up some of these things he's saying.
• 1:16
  I think he may be in over his hairdo.
• 1:20
  He's in over his hairdo.
• 1:23
  That's pretty classic.
• 1:25
  Newsom went to Darvos, Switzerland to attend the forum.
• 1:30
  And of course, President Donald Trump was there, and he headlined the event.
• 1:37
  He was uh pressuring economic leaders, or uh European leaders rather, to strike a deal, to help strike a deal for the U.S.
• 1:46
  to acquire Greenland.
• 1:49
  And uh that's for another show for another day.
• 1:53
  People are very up in arms about that.
• 1:57
  And uh what President Trump is doing is actually very strategic.
• 2:03
  It's strategic for the defense not only of America, but of Europe as well.
• 2:08
  But again, that's for another day.
• 2:12
  Of course, the Democratic governor in California, Gavin Newsom, is one of Trump's biggest opponents, and he issued a warning to foreign leaders to grow a backbone with Trump in uh according to Fox News article in a political broadside against the white house.
• 2:35
  And he said that on Monday.
• 2:56
  So Newsom, a governor, uh, was attacking world leaders for bowing down to Donald Trump.
• 3:07
  Probably not the best move you can make as a governor of a state that's fallen apart that really is falling apart at the seams.
• 3:17
  So we also compared President Trump to a T-Rex.
• 3:22
  Um such a crap show.
• 3:26
  I mean, this is the World Economic Forum, and you have Gavin Newsom acting like a like a little baby, name-calling and I don't know.
• 3:39
  It's you can look at this one of two ways.
• 3:42
  I mean, you really can.
• 3:43
  On the one hand, you can say he's acting like a baby and um, you know, just being a little brat.
• 3:51
  But President Trump does the same thing.
• 3:53
  He name calls constantly, and uh, so you can make the argument they're both acting like a bunch of little brats.
• 4:00
  Or you can say they're just kind of providing entertainment for people.
• 4:06
  Either way, you have to have a good sense of humor about this stuff, folks, or you will absolutely lose your mind.
• 4:12
  Some people are just so serious that they just they can't fathom presidents and governors who who name call.
• 4:23
  And they go on stage, they go literally on the world stage, and they're just ripping each other.
• 4:30
  But I happen to have a good humor about it.
• 4:33
  I think I think it's funny.
• 4:40
  I don't know what the word is to describe it.
• 4:41
  Like you just kind of shake your head and you're like, uh, really?
• 4:47
  He's called call him President Trump a T-Rex at the World Economic Forum.
• 4:52
  That's pretty rich.
• 4:54
  So anyway, Treasury Secretary Bessant said being on the national stage is a very is very different than being governor of California with no signature achievements.
• 5:08
  But to say strange things like President Trump is a Tyrannosaurus Rex.
• 5:13
  What the H E double hockey sticks does that mean?
• 5:19
  This is so funny.
• 5:21
  I feel like I'm on an episode of Jerry Springer.
• 5:25
  Bring Jerry Springer back from the dead.
• 5:27
  He's this is getting wild.
• 5:31
  So the Treasury Secretary went on to say, I could say Gavin Newsom is a brontosaurus with a brain the size of a walnut.
• 5:43
  I'm telling you, this this is fantastic.
• 5:47
  I mean, you gotta have fun, and uh people are just so serious all the time.
• 5:53
  So this is actually this is actually pretty pretty entertaining.
• 5:57
  So I I think too many people take way too many things way too seriously, and you can look at the protests that have been happening, I mean, for the last how many years, and you kind of look at that and you're like, man, people don't know how to have fun, and they're just so angry about everything all the time, and talking doom and gloom, like like it's going out of style, and at some point you just have to smile, you just have to have a little bit of fun, and I think that's what all these guys are doing here.
• 6:31
  Um I know they don't like each other, but I think it's pretty funny they're kind of getting their jabs in on the world stage.
• 6:40
  I think some people are probably looking at America and they're like, what in the world is in your water?
• 6:47
  So at anyway, um, any rate Newsom was photographed with his good buddy Alex Soros, the son of George Soros, and Besson went on to say, if you brought the knee pads, maybe that was for his meeting with Alex Suros.
• 7:07
  I don't know.
• 7:09
  Uh this is getting out of control, folks.
• 7:12
  It's these guys.
• 7:16
  Uh, it's just something.
• 7:19
  So at any rate, is the economy in the in in the gutter?
• 7:25
  Is it all that bad?
• 7:27
  Well, let's take a look.
• 7:30
  Here's an article.
• 7:31
  Oh, yeah, here we go.
• 7:32
  U.S.
• 7:33
  economy grew at fastest pace in two years in third quarter, fueled by consumer spending.
• 7:44
  The commerce department released the closely watched DD GDP data, and it turns out that the economy's been growing at a much faster pace than it has in the past two years.
• 7:57
  Doesn't sound to me like an economy that's crashed.
• 8:02
  And again, you can look at the stock market, and it's continually up.
• 8:08
  And you just kind of look at a whole bunch of indicators, and it's it shows yeah, the U.S.
• 8:16
  economy, like that's what everybody predicted.
• 8:18
  It's going to be slowing down, it's it's um it's it's coming to a grinding halt, uh everything is falling apart, uh, every business is failing, they're laying masses of people off.
• 8:32
  By the way, the unemployment data came out last week, and it was positive.
• 8:39
  The unemployment claims are much lower than what was predicted.
• 8:44
  So on and on it goes.
• 8:46
  I mean, it's just it's it's actually pretty decent numbers.
• 8:49
  No, I'm not saying they're great.
• 8:50
  I'm not saying that we're setting any long time records, but it's definitely not as bad as as what people are making it out to be.
• 9:00
  So the fact that the economy grew at its fastest pace in two years.
• 9:06
  I mean, that's positive news.
• 9:09
  So we'll look at this and a couple other other indicators here, but uh let me just read a little bit of this.
• 9:15
  The Bureau of Economic Analysis, BEA, on Thursday released its final reading of third quarter GDP, which showed the economy grew at an annualized rate of 4.4% in the three-month period, including July, August, and September.
• 9:37
  That figure topped the expectations of economists pulled by LSEG, who had estimated 3.3% GDP growth in the third quarter.
• 9:51
  It's also the fastest rate in two years.
• 9:56
  So a whole one more than one percentage point better than what was was anticipated.
• 10:04
  So that's pretty good.
• 10:16
  That followed a GDP contraction of 0.6% in the first quarter.
• 10:22
  Taken together, those three readings indicate the U.S.
• 10:25
  economy grew at a 2.5% annualized rate through the first three quarters of 2025.
• 10:34
  I'm guessing that the third quarter numbers are gonna be pretty good too, because I had done a show on this that the online spending for for Black Friday, and just in general, for that time period in general, we shattered so many records.
• 10:55
  And it wasn't just the online purchasing, it was also in-store purchasing.
• 11:02
  And remember, they predicted that shopping was gonna be consumer spending was gonna be way down.
• 11:09
  That was the doom and gloom, you know, orange man is ruining the economy, economists.
• 11:17
  They predicted, and I have to wonder sometimes, what do they use to predict what consumer spending is gonna be?
• 11:25
  Because I I I I it has to be guided, some of this by some sort of emotion.
• 11:36
  Because everybody's looking at the same numbers.
• 11:40
  And some economists are like, yeah, that's there's no way.
• 11:43
  There's no way that it's gonna contract like that.
• 11:46
  It's just not gonna happen.
• 11:49
  Other people who are looking at the same data, they're like, oh my goodness, it's run for the hills.
• 11:54
  The economy's in the crapper, nobody's gonna be spending, and everybody.
• 12:00
  Put a big padlock on their purse in their wallet because they're too afraid to spend.
• 12:07
  Well, it turns out we keep getting report after report that's actually pretty positive.
• 12:14
  It shows that consumer spending is way up.
• 12:19
  The GDP rose at a much faster rate than what they thought it would.
• 12:26
  People are spending.
• 12:28
  And you hear this from you, especially hear this narrative from the left.
• 12:32
  And this goes both ways.
• 12:33
  I mean, it doesn't matter who's in office at the time.
• 12:36
  When you have Democratic uh leaders who are in office, the Republicans talk about how bad the economy is, and look at inflation, and it's the worst that it's ever been.
• 12:46
  And people are starving, and you know, they'll find one or two people who are struggling, which isn't hard to do.
• 12:53
  There are a lot of people who are financially struggling.
• 12:56
  But they'll interview one or two people and they'll be like, oh my goodness, look, and they'll talk about how hard things have gotten since so-and-so became president.
• 13:05
  And they'll find those people, they'll interview them, and what that does is it shapes our minds to be looking for people who are struggling.
• 13:16
  Now all of a sudden, we're kind of tuned into that.
• 13:20
  And we're looking around, trying to see is my neighbor struggling.
• 13:27
  Well, chances are pretty good.
• 13:31
  Unless you live in a pretty wealthy neighborhood, you don't have to look real far to find people who are struggling.
• 13:39
  Lots of people are struggling for various reasons.
• 13:45
  You know, it's not all linked to the economy.
• 13:49
  Could be, I was just talking today.
• 13:53
  I was talking with my mom about somebody we know who just has been absolutely refusing to work for decades, and is always asking for money, is always getting bills shut, you know, uh utilities shut off.
• 14:09
  It's like, at what point do you take responsibility?
• 14:13
  Somebody who's able-bodied, perfectly capable of working, and he just absolutely refuses.
• 14:22
  And then wants to bag money from people and talks about how poor he is, and it's life is unfair.
• 14:28
  So, you know what I mean?
• 14:29
  It doesn't take much to find somebody like that.
• 14:34
  And to interview that person, and then all of a sudden, you're like, oh my goodness.
• 14:41
  Everybody must be struggling on under this president.
• 14:46
  So we have to be careful about that because it's very, very manipulative.
• 14:51
  And media does this all the time.
• 14:54
  And like I said, it's not a left or a right thing, it's a both and.
• 14:58
  They both do it.
• 15:00
  I remember under Biden, people talked about, oh, that's all they talked about.
• 15:04
  Things are so hard for Americans, and Americans are really struggling with the higher taxes, people are just they're just falling apart.
• 15:15
  And I I was looking around and I'm like, well, we certainly haven't felt that.
• 15:22
  And when you look at average Americans, I don't mean that to be offensive, but middle class.
• 15:30
  You look at middle class average Americans, and you're like, actually, most of the people I know really aren't struggling that bad.
• 15:41
  There are some, but most people are actually doing pretty good.
• 15:47
  But that was kind of one of the things that President Trump campaigned on.
• 15:50
  Is that you know, Joe Biden, Sleepy Joe ruined the economy, and he wrecked everything.
• 15:55
  And you know, the honestly, the the stock market did.
• 16:00
  It did really well under Joe Biden.
• 16:04
  The economy did really well under Joe Biden.
• 16:09
  And uh Trump didn't inherit this big disaster.
• 16:14
  And so people, you know, they campaign on that.
• 16:17
  And it's very manipulative, so we have to look at the numbers.
• 16:21
  And the numbers tell the truth.
• 16:24
  And the numbers are showing that our economy is it's resilient.
• 16:30
  And that people are actually spending money.
• 16:35
  And that GDP rose at a rate much faster than what was expected.
• 16:40
  That's good news for America.
• 16:44
  So maybe the America First Agenda is actually starting to have some teeth.
• 16:51
  And uh it's it's working out.
• 16:55
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• 19:18
  Businesses are investing in the United States.
• 19:21
  Consumer spending is up.
• 19:23
  GDP rose at a rate much higher than what was anticipated.
• 19:28
  Meanwhile, we have Treasury Secretary Bessant ripping Gavanusome for uh for his hair and uh on the world stage saying that he's in over his hair.
• 19:40
  You have Newsom talking about how bad the economy is.
• 19:43
  I think he probably ought to sit this one out after what happened in California with a trillion dollars walking out of the state of California, uh at least potentially.
• 19:57
  He probably ought to sit this one out.
• 19:59
  Probably.
• 20:00
  Ought to sit on the sidelines and uh not talk about how bad Trump is ruining the economy, especially when we look at the numbers.
• 20:11
  The numbers are good.
• 20:12
  That's the economy is resilient.
• 20:16
  Uh we can't help but to look at this and talk about how good America is.
• 20:22
  And I can't come to any other conclusion.
• 20:26
  It really is a fantastic place.
• 20:29
  And the America First agenda, and I you hear me say this all the time.
• 20:36
  Whether you like Trump or not, you're probably going to get tired of hearing me saying that, but it it really doesn't matter whether we like the sitting president or not.
• 20:44
  To be honest, I've never really liked any president in my life lifetime.
• 20:52
  Never really disliked them.
• 20:55
  I'm just kind of indifferent.
• 20:58
  It doesn't matter.
• 21:00
  Uh the there's so much in politics.
• 21:06
  When you have the most powerful person in the world, there's always going to be corruption.
• 21:11
  I don't care who's president.
• 21:12
  I don't care how nice of a guy they seem.
• 21:17
  There are always going to be some pretty bizarre things that happen behind closed doors.
• 21:23
  It's just that's part of politics, unfortunately.
• 21:28
  But it happens with every single president.
• 21:33
  So you'll hear me use that expression.
• 21:35
  Whether you like them or not, that doesn't really matter.
• 21:40
  We have to look at the policies.
• 21:43
  You know, I'm not particularly fond of a president that just trashes people constantly and is really just lets his mouth get away from them constantly.
• 21:58
  You know, definitely our current president is not a model of Christian living.
• 22:07
  I don't look at him and I'm like, you know, kids gather around, you know, take a look at President Trump and model your lives after him.
• 22:16
  If you want to be a good moral, upright standing citizen, right?
• 22:20
  Like I would never do that.
• 22:24
  In fact, it might be a good lesson to say, hey, if you want to learn about morality, don't behave like this man.
• 22:32
  Right?
• 22:33
  But the same could be true of Biden.
• 22:35
  I would never look at him as an example of Christian living or some sort of moral compass.
• 22:45
  It's just not.
• 22:48
  Um, but you look at the policies, right?
• 22:50
  You look at the policies, and if you strip away the language and the taunting and you know, all the all the bizarre antics that go on with virtually every politician, then you start to look at the policies and you look at the numbers, and you realize like what I realized was I had Republican friends who they just absolutely were talking about how terrible the economy is under Biden.
• 23:18
  And it's just everything was falling apart and it was bad, it was terrible.
• 23:22
  His policies are wrecking the economy, it's putting us in a place where uh we're we're vulnerable, we're beyond repair.
• 23:30
  Those are some of the things that I heard.
• 23:32
  And I'm a numbers guy, I I like to look at numbers, and I was watching, and I'm like, actually, it's really not that bad.
• 23:42
  Our economy's doing quite well under President Biden, maybe in spite of President Biden, I don't know.
• 23:48
  But uh numbers are numbers.
• 23:53
  You know, and you have to look at that and be honest.
• 23:57
  You have to say, okay, the the the economy's actually.
• 24:00
  Not doing that bad.
• 24:04
  So yeah, you take a look at this and you realize that the numbers are really good that have come in.
• 24:13
  Uh here's what Gregory Daco, he's the EY Parthenon chief economist.
• 24:24
  He said that strong GDP reading was driven by resilient consumer spending, robust equipment and AI related investment, a sizable boost from net international trade, and a rebound in federal government outlays.
• 24:43
  Wait a second, a net international trade.
• 24:49
  I thought the trade came to a grinding halt.
• 24:54
  That tariffs wrecked everything, that it wrecked our relationship with our trade partners, that they didn't want to trade with America anymore.
• 25:02
  And America is in a really vulnerable position.
• 25:08
  Well, it turns out that our net international trade was actually quite well.
• 25:14
  It was actually very robust.
• 25:18
  He went on to say the U.S.
• 25:19
  economy is neither overheating nor stalling.
• 25:24
  It is adjusting.
• 25:27
  He called it an unusually intense set of cross currents.
• 25:34
  Yeah, that isn't that what the economy does.
• 25:36
  It constantly adjusts.
• 25:39
  It adjusts, it corrects.
• 25:41
  It doesn't care about you and I.
• 25:43
  It doesn't care about our feelings.
• 25:45
  It doesn't care about how much we hate or love the current president.
• 25:50
  The economy doesn't care.
• 25:54
  And that's something that I had to learn about the market because you know, when I started trading in the market, I I used to just get so upset.
• 26:04
  And I was like, I was like, why is the market going against me?
• 26:08
  And then you learn.
• 26:12
  Well, the market isn't going against you.
• 26:15
  The market is telling a story.
• 26:19
  And the market is doing what the market does.
• 26:22
  And none of us are big enough to control the market.
• 26:26
  At least individually.
• 26:29
  And the market does what the market does, and it doesn't care about you.
• 26:33
  It doesn't know you.
• 26:36
  Right?
• 26:37
  The market's not like, oh, well, Jimmy Hinton just got into this trade.
• 26:41
  Now we're going to tank it.
• 26:44
  The market just doesn't, it doesn't care.
• 26:47
  It's indifferent.
• 26:49
  The economy is the same way.
• 26:50
  It doesn't care.
• 26:52
  It doesn't have a personality.
• 26:55
  The economy is what it is.
• 27:00
  I want to make a shirt.
• 27:02
  I'm going to make a shirt that says that.
• 27:03
  I was just thinking about this today.
• 27:06
  If you watched Ryan and Haley Trahan's adventures across the United States, they did 50 states in 50 days.
• 27:14
  One of the guys that they went to the Airbnb, he had a saying, he was like, kaboom, it is what it is.
• 27:23
  And so they use that on like tons of their episodes, and it was really hilarious.
• 27:28
  But I want to make a I want to make a shirt that says it is what it is.
• 27:32
  Because some people just need that message.
• 27:36
  The economy is what it is.
• 27:38
  It does not care about our feelings.
• 27:42
  And I think so many people try to control it by hammering out their feelings.
• 27:49
  Right?
• 27:49
  They take to the keyboard or they they take to the streets and they yell and scream and throw tantrums.
• 27:58
  I assure you.
• 28:01
  That would neither change the economy for good or for worse.
• 28:06
  It does not care.
• 28:08
  The economy is what it is.
• 28:14
  And so we're going to look at what it is.
• 28:15
  It's actually doing really well.
• 28:20
  So some of these adjustments that the economy is making to what Gregory Daco called, what did he call it?
• 28:31
  Unusually intense set of cross currents.
• 28:35
  Those include the rise in tariffs and a decline in net migration and a surging of artificial intelligence.
• 28:49
  And in the AI investments.
• 28:53
  So there's a jobless economic expansion, tax reform, and lots of uncertainty over the Federal Reserves rate cutting.
• 29:06
  That's a that's a huge thing.
• 29:08
  I mean, all eyes are on that.
• 29:10
  Are they going to keep cutting?
• 29:13
  Or potentially, and Jerome Powell said this, we could.
• 29:20
  I mean, we have a bunch of tools in our in our toolbox.
• 29:24
  We could raise rates again if we need to.
• 29:28
  So a lot of people, you know, all eyes are on what the Fed is doing with the federal rates.
• 29:37
  You know, the Federal Reserve's rate cuts.
• 29:42
  And it's creating a lot of uncertainty.
• 29:44
  Believe me, there's a lot of uncertainty.
• 29:47
  So Daco said that the firm expects that real GDP will rise 3.2% in Q4 2025, along with average GDP growth of 2.3% for 2025 as a whole.
• 30:05
  Now this is going to be interesting when those numbers come out.
• 30:10
  Are we going to be higher than 3.2?
• 30:12
  My prediction is yes.
• 30:15
  My prediction based on everything that I saw with consumer spending during the holiday season, I think those that that number is going to be higher.
• 30:24
  Actual number is going to be higher.
• 30:28
  So very interesting stuff.
• 30:30
  Here's another article I found.
• 30:33
  As I was scrolling through the interwebs and looking for stories, what's actually happening with our economy?
• 30:44
  And one of the areas that I really like, I'm fascinated with travel, because that gives you a pretty good indication of what's going on in America.
• 30:54
  And it's kind of like putting your finger against somebody's neck to trek for a pulse.
• 31:03
  Right?
• 31:03
  If people are traveling, typically that's a strong indication that the economy is it's it's doing well.
• 31:13
  And it's it's not the only indicator, not by a long shot, but it's an important one.
• 31:19
  And it's one that economists look at.
• 31:22
  Are people traveling or is traveling slowing down?
• 31:25
  Are people flying less, taking less trains, buses, all those things?
• 31:30
  Well, here hot off the press, Delta shares one point three billion dollars with its workers, averaging four weeks of salary coming directly from profits.
• 31:50
  So Delta, Delta Airlines, they're sharing 1.3 billion in extra.
• 32:00
  Extra income that they made.
• 32:01
  They're giving that to their employees.
• 32:03
  They're going to divide that among all of its employees.
• 32:08
  And the amount that they're receiving averages about four weeks' worth of salary, a whole month.
• 32:17
  I'd say they're doing pretty good.
• 32:20
  I'd say Delta is not in a bad financial position.
• 32:24
  This makes me want to buy some stock from Delta.
• 32:28
  I don't even hardly ever fly Delta.
• 32:31
  That's uh I just I have a reward system with another airline, and I just don't fly Delta very often.
• 32:38
  But this makes me want to buy Delta stock.
• 32:42
  It's a good strong company.
• 32:43
  It's doing very well.
• 32:46
  So again, you can look at this stuff, and people can talk all the time about how bad Americans have it, and it's just it's it's so bad, and people are really struggling, and the average American, they they just can't afford to do anything.
• 33:01
  And then you look at the actual numbers, and the numbers, you know what I'm gonna say here.
• 33:08
  It is what it is.
• 33:11
  These numbers are what they are.
• 33:18
  They're not emotional, they don't care about they don't care about my feelings.
• 33:24
  I'm just reading you the numbers.
• 33:28
  Delta did great.
• 33:31
  I mean, really great.
• 33:34
  So here's an article on Good News Network.
• 33:38
  One of America's largest airlines is also its most generous.
• 33:43
  Delta Airlines will pay out around 1.3 billion in profit sharing payments, representing not only one of the largest payouts in the company's history.
• 33:56
  Let me read that again.
• 33:58
  Representing not only one of the largest payouts in the company's history, but a larger sum than the whole industry together.
• 34:14
  Now, you tell me.
• 34:18
  Does this sound like an economy that's crashed?
• 34:24
  That fell apart.
• 34:27
  Trump's first year, like right, people are saying he he campaigned on lower egg prices.
• 34:35
  Yeah, and they actually did eventually come down.
• 34:41
  Took a long time, but gas finally came down.
• 34:47
  Almost a dollar less than what it was a year ago.
• 34:53
  Uh right, these things came down in price.
• 35:00
  And now you're looking at Delta Airlines, they're giving the biggest payout, one of the largest in the company's history.
• 35:07
  Delta's been around for a minute.
• 35:12
  Um, celebrated on Valentine's Day, profit sharing day sees Delta employees receive a dividend share equal to 10% of all company revenue, up to the first $2.5 billion, rising to 20% for each dollar above $2.5 billion.
• 35:35
  This year's payout will be between three to five weeks' salary, depending on the employee.
• 35:43
  I mean, uh that's incredible.
• 35:48
  And now what's going to get interesting is seeing, I talk I've talked about this for a while, but what's going to be really interesting is seeing what happens at tax time.
• 36:00
  Because Bessett was, I think Bessant was one of the ones who was shouting that alarm.
• 36:07
  Saying, hey, uh, it's looking pretty good for tax return time.
• 36:14
  You know, the IRS says that we're gonna we're gonna see an average of what eleven thousand to twenty thousand dollars savings per family.
• 36:26
  And that's on average.
• 36:29
  I'll take it.
• 36:32
  I ain't ashamed to take eleven to twenty thousand dollars in savings.
• 36:36
  I'm not ashamed one bit to take that.
• 36:40
  So the economy is not falling apart, it's actually doing really well.
• 36:46
  And this is just one more layer to that shows that uh the economy's pumping.
• 36:52
  It is really pumping.
• 36:55
  Well, we are coming up on another break here.
• 36:57
  All of our shows do go to podcast the next day after the broadcast is heard on talk radio.
• 37:03
  You can hear them on any of your favorite podcast apps.
• 37:07
  It's across all podcast apps.
• 37:12
  I should pluralize that.
• 37:15
  Let's be clear about that.
• 37:16
  Uh, definitely check out the America Out Loud app.
• 37:20
  It's fantastic.
• 37:21
  And visit the store at AmericaOutloud.news and use the code out loud for 20% off.
• 37:26
  We'll be right back.
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  You wouldn't go a day without brushing your teeth or washing your hands.
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• 38:56
  Grow food, not fear.
• 39:00
  Well, did you see Google quietly updated its AI principles removing its pledge not to use AI for weapons or surveillance?
• 39:09
  A promise they agreed to in 2018.
• 39:12
  Well, the American people have seen Google's track where I could prompt in the question.
• 39:17
  Is Google an untrustworthy player in the AI race?
• 39:25
  Now is our time, my fellow Americans.
• 39:29
  America outloo.news.
• 39:31
  Liberty and justice for all.
• 39:47
  Profit sharing payments.
• 39:49
  And they're giving that to their employees.
• 39:52
  These are all signs that the economy is really quite robust.
• 39:57
  And at the same time, the US economy grew.
• 40:00
  4.4% in Q3, much better than expected, actually more than 1% better than what was expected.
• 40:10
  So all signs are pointing to uh the economy doing well.
• 40:14
  And you don't hear about this in the news.
• 40:18
  It's all about the riots and uh, of course, now the latest thing.
• 40:25
  I don't know if you saw Gavin Newsom actually started this.
• 40:30
  He started the rumors, but Ice Commander Gregory Bovino.
• 40:35
  If you notice the coat that he wears, uh he's never masked, and uh he he wears this long trench coat-looking thing.
• 40:45
  Well, Newsom started this rumor that well, it looks like he bought it off of eBay, and he wants to mimic the the uh Nazi-era coats that the Germans wore.
• 41:01
  And it didn't take long, of course, for the media to pick that up, and they took it and ran with it.
• 41:07
  And I mean, this has been running news cycles 24-7, and even the German media picked up on this.
• 41:16
  I'm not kidding.
• 41:18
  German media says that the coat that Ice Commander Gregory Bovino wears resembles Nazi-era coats.
• 41:31
  Here's a Guardian article, not gonna bother to read it, but German media likens U.S.
• 41:37
  Border Patrol officials' coat to Nazi look.
• 41:41
  And I I saw a story on the background of this coat, and it's really fascinating because Bovino has been wearing that coat for decades, and it and it's not a it's not a secret.
• 41:56
  Uh he's been in the media.
• 41:58
  He said he got the coat in 1999, 98 or 99, he couldn't remember which year.
• 42:06
  Uh, but he's been wearing it ever since.
• 42:10
  He's done media interviews wearing that coat, not a whisper, until Donald J.
• 42:17
  Trump becomes president and cracks down on immigration.
• 42:22
  So these are the kinds of things, and it's the dishonest media.
• 42:26
  By the way, that coat has been around, it was designed in 1929.
• 42:32
  It's the same coat that uh immigration, U.S.
• 42:38
  immigration, still issues.
• 42:42
  It was designed in 1929, they thought it was a cool look, and uh they kind of kept around the retro look.
• 42:50
  But leave it to the dishonest media, they pick up on that, and all of a sudden that becomes newsworthy.
• 42:56
  And I'm not kidding.
• 42:57
  I mean, New York Times.
• 42:59
  When a coat becomes a symbol of conflict, the hill, Bovino defends trench coat that Newsom called SSGRP, Politico.
• 43:10
  There's more to Greg Bovino's coat than you think.
• 43:13
  News station, newsnation, Bovino's controversial coat, uh controversial coat, the controversial coat's origin story revealed.
• 43:26
  When did a coat become controversial?
• 43:29
  I mean, this is the kind of thing they can turn anything into a controversy, and they will.
• 44:00
  Way is the overall picture is to me that's what's important.
• 44:05
  And you don't hear those stories.
• 44:07
  You don't hear that we have the lowest crime rate ever in New York City, the lowest homicide rate ever, ever recorded in its history.
• 44:21
  You don't hear that crime across it's something like 40 U.S.
• 44:26
  cities averages the lowest that it's been in decades.
• 44:30
  You don't hear that.
• 44:32
  You don't hear that people are living peaceful, happy lives.
• 44:36
  You don't hear that the economy is doing very well.
• 44:40
  You don't hear that the US economy grew 4.4% in Q3.
• 44:46
  You don't hear that Delta Airlines shared 1.3 billion dollars with its employees.
• 44:55
  You don't hear those stories, do you?
• 44:59
  Yeah, but we will hear how bad the economy is, how bad the stock market is, how it's gonna crash any day now, how you know you better protect your assets because Trump is coming to steal your grandma's money.
• 45:13
  Those are the stories that run the constant news cycles, and it's so dishonest.
• 45:19
  And I like to deal in facts, you know, and and look at the overall picture.
• 45:26
  And sure, there are bad things that happen, absolutely.
• 45:31
  Not even a question about that.
• 45:33
  Bad things happen, bad things happen every single day.
• 45:38
  We'd be completely naive to think that they don't, but there's a lot of good going on right now.
• 45:45
  In fact, more good than bad.
• 45:49
  I'm gonna read a little bit of this article here because it's just so fascinating to me.
• 45:54
  Um, celebrated on Valentine's Day, this is good news network, celebrated on Valentine's Day, profit sharing day, sees Delta employees receive a dividend share equal to 10% of all company revenue, up to the first $2.5 billion, rising to 20% for each dollar above $2.5 billion.
• 46:19
  This year's payout will be between three to five weeks salary, depending on the employee.
• 46:26
  The passion and the dedication of Delta people carried us through 2025 and will continue to propel us forward, said Chief People Officer Alison Osband.
• 46:37
  Their unwavering focus on safety and care is what builds trust and a deep loyalty for customers and continued success for Delta.
• 46:48
  Then it goes on, despite a year described in earnings report as challenging when the prolonged government shutdown costs cost the firm some 200 million in lost revenue, the profit sharing payout will be 8.9% of a possible 10%.
• 47:07
  All right, so yeah, uh it was tough.
• 47:12
  The government shut down, which Biden was king, his administration was king at shutting people down.
• 47:24
  You couldn't fly, they had uh, you know, the the no-fly uh orders, then you had to wear a mask, uh, everybody had to wear a mask on a plane, no, no exceptions.
• 47:36
  Then they wanted to start with the the shot nonsense, you know, uh, and on and on it goes.
• 47:43
  Can you imagine how restrictive that is and how those restrictions absolutely destroy a business?
• 47:51
  And yet, and yet, even when the government tried.
• 48:00
  To wreck these businesses.
• 48:03
  They still succeed.
• 48:05
  They still do well.
• 48:07
  They still turn a profit.
• 48:10
  And then, you know, there's the added layer.
• 48:13
  Well, those, those, those rich CEOs.
• 48:18
  You know, shame on the shame on the uh airline companies.
• 48:23
  Shame on the oil companies.
• 48:27
  Shame on Tesla.
• 48:30
  You know, they pick on the companies because they make a profit.
• 48:35
  And you look at what they're doing with the profit, and we say this all the time.
• 48:38
  This is what's good about capitalism.
• 48:41
  It's not that they're banking the money and laughing all the way to the bank and screwing over people in the middle class.
• 48:50
  They're given three to five weeks worth of pay in the form of dividends.
• 48:57
  And companies do this kind of stuff all the time.
• 49:02
  In fact, I'll I'll read more in this article here.
• 49:07
  Profit sharing is not nearly as common today as it was in the 20th century.
• 49:11
  Today it's largely been replaced with 401k matching programs that help employees save for retirement.
• 49:18
  Hey, I'll take it.
• 49:20
  Absolutely.
• 49:22
  You're gonna give me free money.
• 49:24
  You're gonna match when I put my money in.
• 49:27
  You're gonna match it.
• 49:28
  Heck yeah, I'll take it.
• 49:30
  Amazon was one of the last holdouts of the old method of granting stock to employees.
• 49:39
  A policy it discontinued in 2018 in response to demands for higher hour hourly wages.
• 49:47
  Well, be careful what you wish were.
• 49:51
  You know, it's give or take.
• 49:54
  You know, you you take one, you lose the other.
• 49:58
  Um that's fine.
• 50:02
  Amazon complied.
• 50:04
  But Delta not only does really good wages, they pay well, but they also held on to the dividend payout.
• 50:16
  In fact, it says Delta is one of the few that's hanging on, and with the latest payout will have shared some five billion dollars in profits with its employees.
• 50:26
  That's pretty impressive.
• 50:29
  That's a lot of money to just give away, and that's what it is.
• 50:33
  I mean, they don't have to do this, they don't have to pay out dividends.
• 50:39
  They could completely structure the company in a different way, but they're doing it.
• 50:44
  But the point is that they're turning a great profit, that they're doing well, that all the airlines are doing well.
• 50:54
  And you look at the the it's it's just such a regulated business.
• 51:00
  And that proves that when you're creative, when you're good at what you do, when people believe in a company, it can do well even when the government puts the binders on it.
• 51:14
  So there are not many excuses.
• 51:18
  You know, Delta wasn't, they weren't rolling around and you know, crying on the ground, talking about how unfair all these policies are and all these regulations and the FAA this and the FAA that, and you don't know how hard it is.
• 51:33
  They didn't do that.
• 51:35
  Instead, they're they're creative, and they just kind of work with it.
• 51:42
  And they're not the only company, not by long shot.
• 51:45
  I mean, this is happening all across America, as we can see by the latest report by the Bureau of Economic Analysts, the BEA.
• 51:56
  You know, it's final reading of the third quarter G.
• 52:01
  Tells you that people are spending.
• 52:04
  I don't care what other people say.
• 52:06
  I don't care what the media says.
• 52:07
  I don't care how sensationalized all this stuff is the anti Trump this, anti-Trump that, talking about how terrible people have it, and it's it's the worst, and the nation has never been this bad.
• 52:20
  I don't care that people are saying those things.
• 52:25
  We have to look at the actual numbers.
• 52:29
  These numbers paint a picture.
• 52:32
  And that's uh I say this often, but it's what I love about numbers.
• 52:36
  It's what I love about about statistics.
• 52:39
  They're not emotional.
• 52:42
  They don't get on bandwagons, they don't get on soap boxes.
• 52:49
  They don't get upset, they don't get angry, they don't get their feelings hurt.
• 52:53
  Numbers are just that, they're numbers.
• 52:57
  And numbers tell a story.
• 53:00
  And when you let the numbers tell the story instead of the radical media, it paints a very, very different picture for America.
• 53:11
  One that's good, one that's it shows how blessed and prosperous we are.
• 53:17
  So when Trump says those things, when he talks about how good America's doing, how great the economy's doing.
• 53:41
  Or hide the numbers.
• 53:44
  And they just they create a narrative.
• 53:46
  I mean, look at look at the coat.
• 53:49
  Look at the coat that I mentioned.
• 53:53
  You know?
• 53:54
  Uh it's literally just a jacket.
• 53:56
  That's it.
• 53:58
  It's a jacket that somebody's been wearing.
• 54:00
  Gregory Bovino's been wearing this coat for what, almost 30 years or something.
• 54:08
  And now all of a sudden it's it's in the national news everywhere.
• 54:15
  And these are legitimate, legitimate stories.
• 54:18
  I said I wasn't going to read this, but curiosity.
• 54:21
  I have I haven't opened this article.
• 54:22
  I just saw the headline.
• 54:24
  I've got to read a little bit of this.
• 54:28
  This is The Guardian, a great coat worn by the senior U.S.
• 54:33
  Border Patrol official Gregory Bovino, who has spearheaded aggressive immigration operations across the country, has raised eyebrows in German media, with some commentators saying it resembled a fascist aesthetic.
• 54:57
  He planted the seed, which is what they do.
• 55:00
  They plant the idea, they get people upset.
• 55:02
  Look at what's happening in Minnesota.
• 55:06
  You have a governor and a mayor who plant these seeds, people fall for it.
• 55:12
  They take it and run with it.
• 55:14
  These narratives, things spiral out of control very quickly, and then they come back and they're like, what did we do?
• 55:22
  What are you talking about?
• 55:25
  You know, Tim Wals.
• 55:26
  I didn't use any any language that was that was bad or offensive.
• 55:31
  I didn't incite people against ice.
• 55:36
  Did I do that?
• 55:39
  I mean, it's unreal.
• 55:42
  So here we go.
• 55:43
  Here's a whole uh a whole now.
• 55:46
  They're talking about his haircut.
• 55:47
  My goodness.
• 55:48
  This is this is what passes for journalism.
• 55:52
  Along with his close shorn haircut, the media organization, Der Spagel.
• 56:00
  Um suggested in a video feature that Bavino's look recalled that of a Nazi officer.
• 56:07
  And on and on.
• 56:08
  Like this isn't a short article.
• 56:11
  This is a full-length, very lengthy article.
• 56:16
  About a coat and a haircut.
• 56:20
  I mean, this is this is insanity.
• 56:22
  This is lunacy.
• 56:26
  This is why people lose hope in the media.
• 56:29
  I don't know if they're just desperate.
• 56:36
  They want so badly for this to be true.
• 56:40
  They they desperately want it to be true because then they can come back and say, see, I told you so.
• 56:46
  In the meantime, the economy is just cranking away.
• 56:51
  Delta's dishing out $1.3 billion to it to its employees in the form of dividend checks.
• 56:59
  Companies keep doing great.
• 57:02
  Walmart's doing great.
• 57:03
  Not just the big giants either.
• 57:06
  A lot of small businesses that are doing absolutely fantastic.news under our shows or schedule.
• 57:24
  You'll be in the know.
• 57:25
  There is a hidden lightness that shines inside of all of us.
• 57:28
  And there's so much darkness that envelops the world.
• 57:30
  Remember that it doesn't take much light to expose that darkness and to ultimately inspire other people.
• 57:34
  Join me in being a light.