Latest / The Mark Simone Show / Hour 1: NYC's finances.

Transcript

Hour 1: NYC's finances. · The Mark Simone Show

0:01
Speaker 1: Now seor presents.
0:04
Speaker 2: No marks, some moon show. Well, hey, we got a
0:09
Speaker 2: lot to get to. We'll get to the war crimes hoax.
0:11
Speaker 2: We'll get to Mom Donnie, some interesting developments there. We'll
0:16
Speaker 2: get to the Russia Ukraine meetings. We'll get to the
0:19
Speaker 2: Cabinet meeting. We'll get to Oh, yesterday's election, of course,
0:23
Speaker 2: a couple of the interesting elections. What does it mean
0:26
Speaker 2: for the mid terms. We'll get to Christmas. Today's one
0:29
Speaker 2: of those gridlock alert days. This is a regular thing
0:33
Speaker 2: now we keep hearing the other day was a gridlock
0:35
Speaker 2: alert day. Today's a gridlock alert day. I thought congestion
0:40
Speaker 2: pricing was supposed to fix all of that. Apparently it
0:43
Speaker 2: doesn't do much. We still have gridlock alert days. Christmas
0:46
Speaker 2: tree lighting is tonight Rockefeller Center. That's where you'll see
0:50
Speaker 2: some gridlock. That is an absolute snarled up mess around
0:54
Speaker 2: that tree lighting. So that's tonight at Rockefeller Center. So
0:58
Speaker 2: just avoid that area completely if you're driving, even if
1:01
Speaker 2: you're walking, it's tough to walk around there. The sidewalks
1:04
Speaker 2: is so packed. So has get to the elections. A
1:08
Speaker 2: special election in Tennessee. This was an interesting election. Nashville
1:12
Speaker 2: is the district is pretty much covering Nashville, Tennessee. You
1:16
Speaker 2: know what, they call it, music City, the country music
1:18
Speaker 2: capital of the world. So they had a Mom Donnie running.
1:21
Speaker 2: It's a woman, but as we've been telling you, there's
1:24
Speaker 2: about twenty six other Mom Donni's ready to be launched
1:27
Speaker 2: by Democrats. And she was just like Mom Donnie on paper,
1:31
Speaker 2: a total disaster, horrible past, horrible things she said in
1:35
Speaker 2: her past, I mean, crazy socialist nonsense on paper, no
1:40
Speaker 2: chance to win anything. But like Mom Donnie in person
1:45
Speaker 2: and online and social media and on camera, charming, got
1:50
Speaker 2: a nice smile, got a nice personality, lots of energy, young, energetic, charming,
1:56
Speaker 2: just like a Mom Donnie. And she did very, very well.
2:00
Speaker 2: She made it a real race. It was supposed to
2:02
Speaker 2: be no contest at all, but she made it very close.
2:05
Speaker 2: Republicans panicked and came in with millions of dollars trying
2:10
Speaker 2: to save that race. And then the Republican Matt Van
2:13
Speaker 2: Epps one easily. It turns out by nine points. But
2:20
Speaker 2: you're going to hear the fake news try to make
2:23
Speaker 2: it sound like it's a real nightmare. For it's a
2:25
Speaker 2: warning sign for Republicans. Why Trump won that district by
2:29
Speaker 2: twenty two points. That's a tremendous loss of points for
2:33
Speaker 2: the not Really that's Trump and this Republican candidate, Matt
2:38
Speaker 2: Van Epps, he's good, but he's a boring, drab sort
2:41
Speaker 2: of a guy. How's he going to get the numbers
2:42
Speaker 2: Trump gets and no local candidate's gonna get Trump numbers.
2:47
Speaker 2: Trump gets Trump numbers. So Van Epps did just fine.
2:52
Speaker 2: But again, you're gonna have a lot more of these candidates.
2:55
Speaker 2: And it's a strange phenomenon, but these mom types. This
3:00
Speaker 2: woman in the color the AOC of Tennessee, she's running
3:08
Speaker 2: for Congress in the district that is Nashville, Tennessee. She
3:11
Speaker 2: comes right out and says, I hate Nashville. She even
3:14
Speaker 2: said I hate country music. She hates Nashville. She hates
3:17
Speaker 2: country music. That's their main industry, country music. That's why
3:20
Speaker 2: they call it music. City tourism is the number one industry.
3:23
Speaker 2: But it doesn't matter to Democratic voters. You see the
3:27
Speaker 2: same thing here with Mamdanni hates capitalism. That's our main
3:31
Speaker 2: industry in New York, Wall Street, financial world, hedge funds,
3:35
Speaker 2: that's the main industry of New York. Years ago, it
3:39
Speaker 2: was other stuff. It was like the garment center, but
3:41
Speaker 2: that's all gone. So now the main industry of New
3:43
Speaker 2: York is the financial business. And Mamdannie runs saying he
3:47
Speaker 2: hates them, he can't stand them. So you're going to
3:49
Speaker 2: see a lot of this. Now you're going to see
3:50
Speaker 2: somebody run for mayor of Detroit. He says, I hate cars.
3:54
Speaker 2: You're going to see this all the time. These Democratic
3:57
Speaker 2: voters don't care. Show them how bad the candidate is.
4:01
Speaker 2: Look what they said in the past. Look at this,
4:03
Speaker 2: Look how they never worked, they never had it. The
4:05
Speaker 2: Democratic voters don't care. Doesn't matter long as the person
4:09
Speaker 2: yells the word affordability all the time. That's all you
4:12
Speaker 2: gotta do.
4:12
Speaker 3: It.
4:12
Speaker 2: Just keep saying affordability, affordability, affordability. Now, there's nobody on
4:16
Speaker 2: earth less qualified to do something about affordability than Zoraon
4:20
Speaker 2: Mamdannie or this woman in Tennessee. What's their name is
4:27
Speaker 2: it Afton Baine. That's another name nobody can pronounce, like
4:30
Speaker 2: Mam Donnie. So they all got weird names, no resume.
4:34
Speaker 2: They've said crazy kookie things in the past, but they
4:37
Speaker 2: look good, they sound good, and they keep saying affordability.
4:40
Speaker 2: So Democrats vote for them. You got two things going on.
4:44
Speaker 2: They're voting on just knee jerk emotional voting, affordability I'll
4:49
Speaker 2: vote for or they just hate Trump so much they'll
4:52
Speaker 2: vote for anybody who they think hates Trump. And if
4:55
Speaker 2: you get one of these socialists, one of these affordability
4:58
Speaker 2: young no resume, they must really hate Trump, I'll vote
5:03
Speaker 2: for them. So Democrats going crazy to vote for this stuff.
5:07
Speaker 2: What does it mean for the midterms. Well, it's going
5:10
Speaker 2: to be a factor in the midterms. If these kind
5:12
Speaker 2: of voters are going to turn out in droves to
5:15
Speaker 2: vote for anybody they think hates Trump, that's a problem
5:18
Speaker 2: for Republicans in the midterms. Now, the good news is
5:21
Speaker 2: it's a year away. You got plenty of time. There's
5:25
Speaker 2: a couple of groups that do the research for the
5:27
Speaker 2: Democratic Party and then it's distributed to everybody and they
5:31
Speaker 2: all jump on it. One of them came up with
5:34
Speaker 2: the word affordability a while back, and that's why, all
5:37
Speaker 2: of a sudden, in every race they're all using the
5:39
Speaker 2: word affordability. This is very, very coordinated. There's a couple
5:43
Speaker 2: of these groups, big monstrous organizations that do incredible intense
5:48
Speaker 2: research focus groups studying that they come up with the stuff,
5:52
Speaker 2: and then there's other groups K Street that distribute it.
5:55
Speaker 2: They have these morning conference calls and they have these
5:59
Speaker 2: things that go on to every Democrat telling him what words,
6:02
Speaker 2: what phrases, what sentences to say. So one of them
6:05
Speaker 2: is a navigator. Navigator does incredible research done. Then the
6:08
Speaker 2: other thing they've come up with a navigator is not
6:12
Speaker 2: only is affordability working, it's growing. The momentum behind this
6:15
Speaker 2: affordability affordability they are finding in their studying studying people
6:22
Speaker 2: the ballroom is a good issue to use on this people.
6:26
Speaker 2: When when you talk to these people, well, what do
6:29
Speaker 2: you mean affordability voters? They're terrified of the prices going
6:34
Speaker 2: up and they can't afford groceries, or they can't afford
6:36
Speaker 2: their medicine, and really terrified that they won't be able
6:39
Speaker 2: to afford their healthcare, that they'll lose their healthcare, this
6:42
Speaker 2: kind of stuff. So they're finding in this latest round
6:46
Speaker 2: of studying, you can use the ballroom on that that
6:50
Speaker 2: while you're terrified of being able to buy groceries and
6:53
Speaker 2: pay your health care, he's building a ballroom and look
6:55
Speaker 2: at all the gold He's putting up all over the walls,
6:57
Speaker 2: and this vers sie like ballroom. This is the last
7:01
Speaker 2: thing in the world you want to see when it's
7:02
Speaker 2: an affordability crisis. So expect to see a lot of
7:06
Speaker 2: ballroom stuff coming in the next few weeks, maybe the
7:10
Speaker 2: next few months. They're going to start using the ballroom
7:14
Speaker 2: as a major issue. You know, Trump is like some
7:17
Speaker 2: sort of emperor, some sort of king in a palace
7:20
Speaker 2: while you can't afford your groceries. The ballroom it's symbolic,
7:24
Speaker 2: it's not real. I mean, first of all, the ballroom
7:26
Speaker 2: isn't costing taxpayers anything. It's privately funded, and it's something
7:30
Speaker 2: they actually do need. They've talked about it for years.
7:32
Speaker 2: But they're going to start using it against Trump. Here's
7:37
Speaker 2: the first round, New York Times doing a story about
7:40
Speaker 2: the ballroom. Every story about the ballroom is negative. Of course,
7:44
Speaker 2: it's too big. It's to this, it's to that. It
7:46
Speaker 2: screws up the White House grounds. It's me. He said
7:49
Speaker 2: he wouldn't tear down anything of the building. Well I
7:54
Speaker 2: guess he did. But you know it's fine. There was
7:56
Speaker 2: nothing in what the party tore down had nothing in it.
8:00
Speaker 2: Lady's office, you can easily move her to somewhere else.
8:03
Speaker 2: And the main thing in there was the calligraphy office.
8:05
Speaker 2: They do the the you know, the little place cards
8:07
Speaker 2: for dinner and sometimes the invitations. It's not vital government work.
8:12
Speaker 2: But now this New York Times expos is pretty frightening.
8:17
Speaker 2: It's pretty frightening. It goes on and on about the
8:20
Speaker 2: terrible problems now with this ballroom. According to this New
8:24
Speaker 2: York Times article, there have been disagreements between Trump and
8:28
Speaker 2: the contractor and Trump and the architect. Now, if you're
8:33
Speaker 2: one of these crazy old ladies who watches MSNBC and
8:36
Speaker 2: reads The New York Times and hates Trump, and you
8:38
Speaker 2: run around yelling about this is perfect, We'll talk about
8:42
Speaker 2: this all this, he's not getting along, even the architect
8:44
Speaker 2: has arguing with him, even the contractors are. Of course,
8:49
Speaker 2: you can't ever explain to him reality that this is
8:52
Speaker 2: perfectly normal. Everybody, when you're doing remodeling, when you're remodeling
8:57
Speaker 2: your bathroom, your kitchen, building a house, this is perfectly normal.
9:01
Speaker 2: About eleven times in the process you fight with the
9:04
Speaker 2: contractor about something, you disagree with the architect about something,
9:08
Speaker 2: it's perfectly normal. And then it goes on to say
9:12
Speaker 2: that Trump has. The reason they're going so crazy is
9:14
Speaker 2: Trump's behavior has been unbelieved. It was supposed to be
9:17
Speaker 2: a five hundred seat ballroom, then it grew to six
9:20
Speaker 2: hundred and fifty seats. Next he wanted a nine hundred
9:22
Speaker 2: and ninety nine seat ballroom. Now he's talking about room
9:24
Speaker 2: for thirteen hundred. That way they could host the inaugural. Yeah,
9:28
Speaker 2: it's a pretty good idea. I like that. So they
9:32
Speaker 2: go on and on the size of the prods, raising alarms.
9:36
Speaker 2: People working on the ballroom have been told they don't
9:39
Speaker 2: need to follow permitting, zoning, or code requirements. Why this
9:42
Speaker 2: is outrageous, Trump pointing out since it's on the White
9:45
Speaker 2: House grounds, it's not subject to local Washington DC permit requirement. Well,
9:50
Speaker 2: he's probably right, that makes perfect sense. So this goes
9:55
Speaker 2: on in a but they never explained in the article.
9:58
Speaker 2: This is not like Baraco bomb. I'm trying to tell
10:01
Speaker 2: these guys what to do. This is one of the
10:03
Speaker 2: greatest builders in the history of the world, and out
10:06
Speaker 2: of all the great builders in America right now, nobody
10:09
Speaker 2: has more experience building ballrooms than this guy. In fact,
10:14
Speaker 2: the architect, who they think is some god you should
10:16
Speaker 2: bow down to. Apparently he's never built a ballroom in
10:18
Speaker 2: his life. He's done cathedrals and he's done with work
10:24
Speaker 2: in Washington, but he's never actually done it. But Trump
10:26
Speaker 2: is the world expert on building ballrooms. So they don't
10:31
Speaker 2: point this out in this article. I would have total
10:33
Speaker 2: confidence in what he's doing here. But you're gonna hear
10:36
Speaker 2: a lot more about the ballroom. They're gonna make this
10:38
Speaker 2: a big thing now. They're going to continue with the
10:40
Speaker 2: war crimes hoax for a while, hoping that works. If
10:44
Speaker 2: that doesn't work, they'll go to the ballroom. Here's Trump
10:47
Speaker 2: on the ballroom.
10:47
Speaker 1: We're building one of the great I think maybe the
10:50
Speaker 1: greatest ballroom. We needed it for one hundred and fifty years.
10:53
Speaker 2: They've been asking.
10:53
Speaker 1: You see that the trucks and cranes and excavators in
10:57
Speaker 1: the background, and you hear them. And every time I
11:00
Speaker 1: hear them.
11:00
Speaker 2: I love to show he said that once. I heard
11:04
Speaker 2: him say that once. You know when when when you're
11:07
Speaker 2: a home and they're doing construction next door, you're in
11:09
Speaker 2: your apartment, they're doing construction. Oh god, that noise, Oh
11:13
Speaker 2: my god, when's this gonna you just hate that noise?
11:16
Speaker 2: He loves that sound. Construction. It's music to him. It's
11:21
Speaker 2: the thing he loves most in life, construction. So he
11:24
Speaker 2: enjoys hearing the noise outside of the Oval office. But
11:26
Speaker 2: so they may use the ballroom. Once the war crimes
11:30
Speaker 2: hoax will die out. The war crimes hoax, they think
11:34
Speaker 2: they got them here. These are war crimes.
11:37
Speaker 3: You know.
11:37
Speaker 2: First of a if you're gonna you decided you're gonna
11:40
Speaker 2: blow up that boat with drugs on it and drug
11:43
Speaker 2: cartel members. It's a boat filled with drug cartel and drugs.
11:47
Speaker 2: You've decided you will blow it up. You will kill
11:50
Speaker 2: them all and blow it up. So you fire a bomb.
11:52
Speaker 2: I guess they fire a few bombs and if there's
11:55
Speaker 2: anything left, you fire another bomber. Well, that sounds perfectly
11:58
Speaker 2: normal to me. I'm not a military, but I'm not
12:01
Speaker 2: an expert. But if you talk to the top generals
12:04
Speaker 2: of the world, the jack Keanes sort of guys, they'll
12:06
Speaker 2: tell you it's perfectly normal. You hit it with bombs
12:10
Speaker 2: and you keep hitting it until you're absolutely certain everything
12:13
Speaker 2: is gone. Like when they went to take out the
12:16
Speaker 2: Iran nuclear reactors. You don't drop one bomb and that's it.
12:20
Speaker 2: You keep remember you remember the videos, they just get
12:23
Speaker 2: bombinan and bombinan and bombited until they were absolutely sure
12:26
Speaker 2: they got everything. That's the way you do it. So
12:28
Speaker 2: there's no war crime here. You're going to see all
12:32
Speaker 2: these fake Newsy it's these Martha raddits as if she
12:35
Speaker 2: knows what she's talking about. If violates the geneva and
12:39
Speaker 2: as an enemy combatant and you're not allowed to kill
12:42
Speaker 2: an enemy combatant. When did this rule happen?
12:46
Speaker 4: Now?
12:46
Speaker 2: You remember during the Obama administration, he was doing it
12:49
Speaker 2: as drone strikes. There were drone strikes all the time
12:52
Speaker 2: in Afghanistan, in Iraq, and very often he killed civilians.
12:58
Speaker 2: We know this. He killed a lot of civil millions
13:00
Speaker 2: accidentally with the drone strikes and sometimes on purpose because
13:03
Speaker 2: they were near what they target was, so they took
13:07
Speaker 2: him out. And you remember the one time he hit
13:10
Speaker 2: a wedding with one of the drones, blew up a wedding,
13:13
Speaker 2: killed a lot of people. But of the millions of
13:15
Speaker 2: times that killed civilians, and of course the same fake
13:18
Speaker 2: news didn't care I mention a word about it. There's
13:21
Speaker 2: even a hearing. Actually, if you go to my Twitter
13:23
Speaker 2: you can see the video there's a great hearing. This
13:25
Speaker 2: is from the Biden administration where the drone strike killed
13:29
Speaker 2: a bunch of civilians, innocent civilians, and Mark Kelly seditious.
13:34
Speaker 2: Mark Kelly is interviewing the general about it and he explains, yes,
13:37
Speaker 2: we did kill the civilians. And Mark Kelly said, okay,
13:42
Speaker 2: my next question is and that just moves right on.
13:43
Speaker 2: He couldn't care less let it go, turned the other way.
13:46
Speaker 2: But that's the way they're at it. The hypocrisy Democrats
13:49
Speaker 2: are famous for. So when the war crimes hoax fizzles
13:53
Speaker 2: out because people aren't buying it, nobody cares. They'll move
13:57
Speaker 2: on to the ballroom now right now. They're also trying
13:59
Speaker 2: the health thing. Trump he didn't doze off, but there
14:04
Speaker 2: were one time and Pete Hegsath, I think it was
14:06
Speaker 2: Pete Heggsath's going a little long. Trump closed his eyes,
14:11
Speaker 2: so they showed the video. Look at this, his eyes
14:12
Speaker 2: are closed. He fell asleep in the cabin. At mean,
14:14
Speaker 2: this is all, but watch it carefully. Go watch the
14:16
Speaker 2: video for yourself. There's a couple of times you see
14:19
Speaker 2: Pete Heggatt made some kind of joke and you can
14:20
Speaker 2: see Trump's laughing. His eyes are closed, but he's laughing.
14:24
Speaker 2: He's reacting to everything he's saying. But they love talking
14:27
Speaker 2: about his health and how bad he is.
14:28
Speaker 1: If I go one day, I had one day where
14:31
Speaker 1: I didn't do a news conference. There's something wrong with
14:33
Speaker 1: the president. Few people are crazy. I'll let you know
14:37
Speaker 1: with there's something wrong. There will be someday that's gonna
14:41
Speaker 1: happen to all of us. But right now, I think
14:42
Speaker 1: I'm sharper than I was twenty five years ago. But
14:44
Speaker 1: who the hell does I took By the way I
14:47
Speaker 1: took my physical I got all a's everything.
14:52
Speaker 2: Yeah, but uh, he's very funny yesterday.
14:54
Speaker 1: But you always find something new, like is he in
14:57
Speaker 1: good health? Biden was great, but he's trumply good health.
15:02
Speaker 1: I said, here I do for news conferences a day.
15:07
Speaker 1: I asked questions from very intelligent Luna text.
15:12
Speaker 2: I always give.
15:13
Speaker 1: I give them the right edges. There's never a scandal, there's
15:15
Speaker 1: never a problem. I give you engines that solve you
15:18
Speaker 1: a little problem.
15:20
Speaker 2: Now he's in great health, of course, and the cabinet
15:22
Speaker 2: meeting was pretty interesting. We'll go over that cabinet meeting
15:25
Speaker 2: a little later. But you know, a lot of people
15:29
Speaker 2: think Trump has to go back to campaign mode. Like
15:33
Speaker 2: we were talking about the affordability, even though it's a
15:36
Speaker 2: fake issue. I mean, you want affordability, it's fake in
15:39
Speaker 2: that these Democrats couldn't possibly do anything about it. This
15:43
Speaker 2: guy like Zoron Mamdani or this woman that ran in
15:46
Speaker 2: Tennessee could never ever ever do anything about affordability. They
15:50
Speaker 2: wouldn't know how to do. They wouldn't begin to know how
15:52
Speaker 2: to So they went to Trump before the midterms. Go
15:56
Speaker 2: back into campaign mode. You know, he was different in
15:58
Speaker 2: the campaign. Now he's in the oval office and it's
16:01
Speaker 2: very ornate. It's the other problem. It was nice to
16:04
Speaker 2: make it all gold and look unbelievably unbelievably luxurious, and
16:11
Speaker 2: it looks like a palace, but that kind of reinforces
16:14
Speaker 2: the dictator king kind of thing. He made it look
16:18
Speaker 2: like a palace, so psychologically it made him look more
16:21
Speaker 2: like a king. They want him to go back into
16:22
Speaker 2: campaign mode. Remember when we got in the garbage truck
16:25
Speaker 2: and he drove the garbage truck. Remember when he worked
16:27
Speaker 2: in McDonald's. That's where he looked like he was really
16:29
Speaker 2: in touch. So he's got to do more of that. Also,
16:33
Speaker 2: people are advising him. You got to do more. Go
16:35
Speaker 2: back to those podcasts, the Joe Rogan type podcasts, that
16:39
Speaker 2: kind of stuff, you know, those blue collar, down to
16:41
Speaker 2: earth kind of podcasts. More of that, more driving the
16:44
Speaker 2: garbage truck. So you might see more of that coming
16:47
Speaker 2: at some point to counter all of this stuff. Hey,
16:50
Speaker 2: we'll take some calls. Next eight hundred three to two
16:53
Speaker 2: one zero seven ten is the number eight hundred three
16:57
Speaker 2: two one zero seven ten. Back to Marsham. Hey, let's
17:04
Speaker 2: take some calls. Let's go to Robert in Westchester. Robert,
17:08
Speaker 2: how you doing all right?
17:10
Speaker 5: Mark? And good morning?
17:11
Speaker 2: Thank you for taking my call.
17:13
Speaker 3: Mark.
17:13
Speaker 5: I don't know if you remember when that atrocity of
17:16
Speaker 5: a pull out happened under the Biden administration when we.
17:20
Speaker 2: Will don't know if I remember it? What am i?
17:23
Speaker 2: Joe Biden? Of course I remember it right before you
17:27
Speaker 2: tell us everything we already know. Is there a point?
17:30
Speaker 5: The point is right after that Milly said, after they
17:34
Speaker 5: killed seven.
17:35
Speaker 2: Yeah, no, we know the whole story. Everybody's familiar with it.
17:38
Speaker 2: What is the point.
17:40
Speaker 5: The point is where's the media went. They didn't counce
17:43
Speaker 5: on Biden or anybody. They didn't.
17:45
Speaker 2: Oh, I don't know if you heard, But the media
17:48
Speaker 2: is slanted. They defend Democrats, they cover up from Democrats,
17:52
Speaker 2: and they go after anything Trump. If it's Biden, they'll
17:54
Speaker 2: defend them like crazy, cover up anything. Yeah, Millie was
17:58
Speaker 2: the absolute worst. All they do is to defend this guy.
18:01
Speaker 2: Let's go to Vic in Pennsylvania. Vic. How you doing.
18:05
Speaker 2: I'm doing great, Mark. I got a question, where were
18:09
Speaker 2: the Democrats for.
18:11
Speaker 4: The Biden administration with affordability when we had.
18:15
Speaker 2: Nine point five? Again, it's Democrats and everything they do
18:18
Speaker 2: is okay, they're right, They're always right. Inflation was nine percent.
18:25
Speaker 2: You never heard him mentioned affordability. Now in the defense
18:28
Speaker 2: of Democrats, they didn't get that study yet. That focus
18:31
Speaker 2: group stuff didn't come out yet. It came out later.
18:34
Speaker 2: And they see these They pay a fortune of these
18:37
Speaker 2: groups navigators one. There's a whole bunch of them. It's
18:41
Speaker 2: not a polling thing. It's not like some little college
18:43
Speaker 2: poll with a couple of guys with iPads. I mean
18:45
Speaker 2: this year, massive research groups that go out and they
18:49
Speaker 2: research and they find out what what deep down people
18:53
Speaker 2: are and then they find the right word. And they
18:55
Speaker 2: found that word affordability. And that's why all these different
18:58
Speaker 2: races all over the country. All of a sudden, they
19:00
Speaker 2: got the same word affordability. It's all coordinated. Let's go
19:04
Speaker 2: to Stuart in South Carolina. Stuart, how you.
19:06
Speaker 4: Doing, hey, Mark, Carol. You know, as far as that
19:09
Speaker 4: election in Tennessee, there's there's a couple of points there.
19:12
Speaker 4: You know, you're right, it was an off season election.
19:16
Speaker 4: And the other problem is I live in a smaller
19:18
Speaker 4: southern town right to Augusta, and for decades I never
19:22
Speaker 4: knew any liberals. They are here in droves now, and
19:25
Speaker 4: I think that's what happened in Tennessee. They're they're fleeing
19:29
Speaker 4: the north and then voting in the same way they
19:31
Speaker 4: did up north and destroying the new place that they lived.
19:34
Speaker 2: Well, yeah, good point. Nashville was a little, tiny, medium
19:37
Speaker 2: sized town and then a million people descend. It's now
19:40
Speaker 2: one of the biggest, most thriving cities in America. But
19:44
Speaker 2: you're right, all liberals came in exactly. Yeah, all right, Well,
19:48
Speaker 2: so what was worse when you had Locus or we
19:50
Speaker 2: have all these liberals coming in?
19:52
Speaker 4: You know, everybody here was friendly. You could not pass
19:55
Speaker 4: anybody without somebody saying hello. And now people won't even
19:58
Speaker 4: look you in the eye. They just look down. They
20:01
Speaker 4: wore dark clothes like they do up in New York,
20:04
Speaker 4: and I feel like I'm in downtown Brooklyn. You don't
20:08
Speaker 4: hear the Southern accent here anymore. Yeah, you just it's
20:12
Speaker 4: very New York now and it's changed politics quite a bit,
20:16
Speaker 4: and it's really scaring the heck ass. So with man Donnie,
20:20
Speaker 4: I was afraid that a lot of people are going
20:22
Speaker 4: to be moving down here now.
20:23
Speaker 2: Yeah, I'm afraid. So you're gonna get more of them.
20:26
Speaker 2: They're going to be all out of the place, all right,
20:29
Speaker 2: Thanks for calling, Stuart. Yeah, if you watch the Andy
20:31
Speaker 2: Griffith Show today, it'd be a whole different show. Actually,
20:34
Speaker 2: you know what, that would be an actual good idea
20:36
Speaker 2: for a sitcom. You bring back the Andy Griffith Show,
20:40
Speaker 2: only his town is getting overrun by hipsters from Brooklyn
20:43
Speaker 2: and New Yorkers and people from Long Island changing everything.
20:47
Speaker 2: Let's go to Vincent and Brooklyn. Vincent, how you doing, Good.
20:51
Speaker 6: Morning, Mark, I'm okay, Good morning Mara, Stuart. I live
20:56
Speaker 6: in downtown Brooklyn and it's even worse than you. I
21:00
Speaker 6: mean it is.
21:02
Speaker 7: These liberals here are absolutely horrible and I'm sorry to
21:06
Speaker 7: hear that they're bringing the liberal cancer down down South.
21:12
Speaker 7: Mark uh the news media to fake news media don't
21:17
Speaker 7: seem to realize or they don't want to report on it.
21:20
Speaker 7: It's not affordability, it's unaffordability created by democratic politicians. The
21:28
Speaker 7: property taxes and the fees run through everything like Montezuma's revenge.
21:36
Speaker 7: These are the liberal news media in this country. Should
21:40
Speaker 7: go query some of the world leaders in Europe because
21:45
Speaker 7: I've seen the affairs that they have in the ballrooms
21:48
Speaker 7: in Europe, and probably they're saying, thank god Donald Trump's
21:53
Speaker 7: in office, because we're sick of having to go to
21:56
Speaker 7: the bedroom and port of sans sit up lastic jair.
22:00
Speaker 2: What Vincent is talking about, believe it or not, Vincent
22:04
Speaker 2: the startment, believe or not. That East room of the
22:06
Speaker 2: White House didn't hold very many people, so when had
22:08
Speaker 2: a big event, they had to do it in a
22:10
Speaker 2: tent on the lawn and the guests had to use
22:12
Speaker 2: porta potties.
22:13
Speaker 3: Can you imagine porter partties compared to the Palace of Versailles,
22:16
Speaker 3: Because Mark, I've seen and I've actually been in some
22:20
Speaker 3: of these Italian ballrooms in these palaces.
22:24
Speaker 7: Donald Trump is doing the right thing, rather than spending
22:27
Speaker 7: two hundred and fifty million dollars on some cheesy basketball
22:31
Speaker 7: court like Barack Obamas.
22:34
Speaker 2: H you know you're absolutely right, Vincent. A great call.
22:36
Speaker 2: The ballroom is a good act. Can you imagine you're
22:38
Speaker 2: the president of France. You come to a major dinner
22:40
Speaker 2: at the White House and it's in a tent on
22:42
Speaker 2: the lawn and you have to go to a porta
22:44
Speaker 2: potty like you're at a wedding and hunting and this
22:49
Speaker 2: is so Trump is absolutely right. Hey, when we come back,
22:53
Speaker 2: here's a great guest. John Carney is one of the
22:56
Speaker 2: best brightest guys on the economy in the world. He's
23:00
Speaker 2: the editor of breit Bart Business Digest. But he is
23:03
Speaker 2: the smartest guy. You'll love him. He'll be with us
23:05
Speaker 2: next on seven to ten. Wor here's more Mark Simone
23:09
Speaker 2: on seven to tenor well, hey, how do we pick
23:13
Speaker 2: our guest? We just bring you the smartest people on
23:15
Speaker 2: earth and John Carney brilliant. He is the business editor
23:19
Speaker 2: of Breitbart News the Business Digest. By the way, you
23:22
Speaker 2: should sign up for that daily newsletter, the Breitbart Business
23:26
Speaker 2: Digest newsletter. Excellent stuff. He writes that with Breitbart editor
23:30
Speaker 2: in chief Alex Marlow. But he's a brilliant guy on
23:34
Speaker 2: the economy. On business from Breitbart, John Carney, how you
23:37
Speaker 2: doing very good? Doug's having Mark Hey anytime. So the
23:43
Speaker 2: election in Tennessee, the election wherever you look. Affordability. They
23:47
Speaker 2: keep using this word affordability. Affordability. Now, how do Democrats
23:51
Speaker 2: run every inch of New York for fifteen years and
23:53
Speaker 2: then tell you there's an affordability crisis and they'll fix it.
23:58
Speaker 5: That's a great question. Look, the plans that the Democrats have,
24:03
Speaker 5: particularly in New York and Mandami, won't make New York
24:07
Speaker 5: any more affordable. In fact, his plan to freeze rents
24:12
Speaker 5: will actually make it much harder for anybody to find
24:16
Speaker 5: an apartment in New York because guess what happens when
24:19
Speaker 5: a landlord can't raise the rent. It means that somebody
24:23
Speaker 5: who otherwise would move out stays in the apartment forever.
24:28
Speaker 5: I have friends who live in rent controlled apartments that
24:31
Speaker 5: they inherited from their grandparents. Yeah, I mean, like literally,
24:35
Speaker 5: they're like real estate royalty in New York. And it's
24:38
Speaker 5: funny that a socialist is putting this in place, but
24:42
Speaker 5: that's what it creates, is people who never let go
24:44
Speaker 5: of their apartments.
24:45
Speaker 2: Hey, so when you get to the midterms, I know
24:48
Speaker 2: you could give me statistics and prove things are getting better.
24:51
Speaker 2: But Democrats in the fake news, they've done a good
24:54
Speaker 2: job of creating the illusion that we're in a crisis
24:56
Speaker 2: as far as inflation and prices. What does the president
25:00
Speaker 2: need to do to counter that?
25:02
Speaker 5: So one thing that the Trump and the Republicans have
25:07
Speaker 5: an advantage, which is time is on their side. Right now,
25:12
Speaker 5: inflation is running around three percent, but it's coming down.
25:17
Speaker 5: We've seen the price of gasoline come down a lot
25:20
Speaker 5: over the last two months, sheeper gasoline. The inflation continuing
25:25
Speaker 5: to come down. I think by the time we get
25:28
Speaker 5: to say, like next summer, so that which is around
25:33
Speaker 5: when people start to decide how they're going to vote. Right,
25:36
Speaker 5: the people don't decide really on the election day. They
25:39
Speaker 5: decide sometime, you know, a few months ahead of time.
25:42
Speaker 5: By the time we get to next summer, I think
25:44
Speaker 5: actually that this sure, the media will still talk about affordability,
25:50
Speaker 5: but people won't be feeling it the way they are
25:53
Speaker 5: right now. Right now they're still dealing with basically the
25:56
Speaker 5: hangover of Biden. Inflation prices went up a lot. But
26:00
Speaker 5: as we get further and further away from that, inflation
26:03
Speaker 5: will continue to come down and people's sort of anger
26:08
Speaker 5: over how high prices already are will fade a little bit.
26:11
Speaker 5: So a big time is on their side. So really
26:13
Speaker 5: all they need to do is stay the course, don't
26:17
Speaker 5: freak out, and frankly, don't give it into this word
26:20
Speaker 5: of affordability. If you're talking about affordability as a Republican,
26:25
Speaker 5: you're losing. You need to talk about opportunity, You need
26:29
Speaker 5: to talk about growth. Affordability is Frankly, Donald Trump's right
26:35
Speaker 5: when he called it a con job. It is a
26:37
Speaker 5: It is a phrase that they never used when inflation
26:41
Speaker 5: was running at nine percent under Biden. Now it's a
26:44
Speaker 5: crisis because the media has made it one.
26:47
Speaker 2: It's a con job. But it's a good one. It works,
26:50
Speaker 2: you know, it is.
26:50
Speaker 5: It's working.
26:52
Speaker 2: Hey, But people have to realize as far as the
26:55
Speaker 2: big beautiful bill, nothing is kicked in yet, right, What
26:58
Speaker 2: changes now in January with that? That's right?
27:01
Speaker 5: So one of the we're going to see a couple
27:03
Speaker 5: changes that are very important. One is the no tax
27:06
Speaker 5: on tips, which will be a very big deal. You know,
27:10
Speaker 5: if you are working in a service job and you
27:13
Speaker 5: are paid primarily in tips, this is a huge tax
27:17
Speaker 5: cut for you. So we're going to see that kick in. Also,
27:21
Speaker 5: there will be no tax on additional income if you're
27:24
Speaker 5: collecting Social Security, that will be important. The other thing
27:28
Speaker 5: that has already started to kick in, and we're going
27:31
Speaker 5: to see it even more as we get into the
27:32
Speaker 5: new year is the automatic depreciation of capital investments. Now,
27:42
Speaker 5: I know that sounds really wonky and nerdy, but what
27:45
Speaker 5: it means is that businesses can actually invest and write
27:50
Speaker 5: off right away the full expense of the new machinery
27:55
Speaker 5: they buy, the new factory they build. That's a big
27:59
Speaker 5: deal and it will encourage a lot more investment. And
28:02
Speaker 5: when you get that kind of investment, you increase productivity,
28:06
Speaker 5: which will then actually increase employment as well. So I
28:10
Speaker 5: think actually the job market, which has been a little
28:13
Speaker 5: shaky today we got a shaky report from the from ADP,
28:19
Speaker 5: I think we're actually going to see the job markets
28:21
Speaker 5: start to pick up a lot too, and that will
28:23
Speaker 5: assuage people's fears about the economy as well.
28:25
Speaker 2: Yeah, also, you have a new FED chairman coming, but
28:28
Speaker 2: how much difference is that going to make? And the
28:30
Speaker 2: role of the FED seems to be a little crazy
28:33
Speaker 2: right now. It shouldn't have this kind of importance, should it.
28:36
Speaker 2: That's right.
28:37
Speaker 5: In a perfect world, we wouldn't care so much who
28:39
Speaker 5: the FED chairman is. I think actually one of the
28:43
Speaker 5: legacies of Jerome Powell has been a over highlighting of
28:49
Speaker 5: the FED chairman. He looked back in You know when
28:54
Speaker 5: under Paul Volker or Alan Greenspan, nobody knew what the
28:58
Speaker 5: FED was doing because they didn't even have conferences and
29:00
Speaker 5: when they got called before Congress they were talk in riddles.
29:03
Speaker 5: I'm not sure we need to go back to that.
29:05
Speaker 5: But Bernanke when he was FED chairman, sat behind a
29:09
Speaker 5: desk when he held his press conferences. It was kind
29:11
Speaker 5: of like doing office hours with a professor. What are
29:14
Speaker 5: the innovations of Jerome Powell was to stand in front
29:18
Speaker 5: of a podium like he is the President of the
29:21
Speaker 5: United States and basically make a speech. I think the
29:26
Speaker 5: next FED chairman, if I had one request, there would
29:29
Speaker 5: be no more podium. Sit behind a desk. Again, don't
29:33
Speaker 5: act like a politician. Don't act like you're the most
29:36
Speaker 5: important person in the world. Sit behind a desk, talk academically,
29:41
Speaker 5: don't give a speech.
29:42
Speaker 2: Yeah, that's a good point, hey, John Carney. Now let
29:45
Speaker 2: me ask some Democrats will complain about tariffs. Have tariffs
29:48
Speaker 2: raised the prices? Tariffs? It's a burden on the consumer
29:51
Speaker 2: because they'll pay the take, don't they? Then the Democrats,
29:55
Speaker 2: aren't they proposing tariffs when they talk about a corporate
29:58
Speaker 2: tax increase. Isn't that the same thing, same effect as
30:00
Speaker 2: a tariff.
30:02
Speaker 5: It's actually not just the same effect. It's the same
30:04
Speaker 5: exact thing. The consumers don't pay tariffs, right. The first
30:09
Speaker 5: person who pays a tariff is the person who is
30:12
Speaker 5: importing a good That is a company, it's Walmart, it's Target,
30:17
Speaker 5: it's a big business that is importing the goods those are.
30:22
Speaker 5: That's who pays the tariff. It is a form of
30:24
Speaker 5: a corporate tax. So when Democrats say, oh, you know
30:28
Speaker 5: that that tax will be passed on to consumers, which,
30:31
Speaker 5: by the way, it really hasn't paid. What we businesses
30:35
Speaker 5: have been telling us actually in all of their earnings
30:38
Speaker 5: that they're actually having a really hard time trying to
30:41
Speaker 5: pass it on to consumers. Who's paying it is it's
30:44
Speaker 5: coming out of the bottom line of businesses or the
30:47
Speaker 5: manufacturers abroad, are lowering their price to keep themselves competitive
30:52
Speaker 5: in the US. But a raise of corporate tax somehow
30:56
Speaker 5: the Democrats think, will mysteriously not be passed up. So
31:00
Speaker 5: they say that the tariff will be, but the corporate
31:03
Speaker 5: taxt won't. Their point really doesn't make much sense. And
31:07
Speaker 5: if anything, a corporate tax is more likely to be
31:10
Speaker 5: passed on to consumers because it can't be paid at
31:13
Speaker 5: all by a foreign manufacturer. There's nobody to push it
31:16
Speaker 5: back onto, so it will be paid by both consumers
31:21
Speaker 5: and investors. Actually, which you know is the same thing.
31:26
Speaker 5: You know, people, It will come out of people's four
31:28
Speaker 5: one ks, the retirement plans. That's who ends up paying
31:31
Speaker 5: the corporate tax.
31:32
Speaker 2: Wow. Very good explanation. Sayah, so tariff's easier on the consumer.
31:36
Speaker 2: Corporate tax boom hits the consumer immediately, absolutely, John Carney,
31:42
Speaker 2: great having you on. Let's do it again soon and
31:44
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31:54
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32:38
Speaker 2: John Carney, thanks for being with us. Thanks Mark, all right,
32:42
Speaker 2: take care, Hey, don't forget. Buck and Clay are coming
32:45
Speaker 2: up at noon today with an excellent show. And then
32:49
Speaker 2: three o'clock you got Sean Hannity, the most listened to
32:52
Speaker 2: radio show in America. He's been doing it right from
32:54
Speaker 2: the swamp for a couple of days. Interesting shows. And
32:58
Speaker 2: then you got Jesse Kelly it's sick and the best show,
33:01
Speaker 2: our best news show is Jimmy Fayla excellent stuff. It's
33:06
Speaker 2: every night. You got to listen to it at nine
33:08
Speaker 2: o'clock on seven to ten wor in Mark on demand
33:13
Speaker 2: by setting a preset for his podcast on the iHeartRadio app.
33:17
Speaker 2: Now back to Mark Simon on war.
33:22
Speaker 3: Hei.
33:23
Speaker 2: We got a lot to get to in the next hour.
33:24
Speaker 2: We'll get some mom Donnie, there's some interesting developments there.
33:29
Speaker 2: We'll get to Hey, the Trump accounts for little kids,
33:33
Speaker 2: new babies. This is a brilliant idea. That's why I'll
33:36
Speaker 2: get no coverage in all, but it's a great idea.
33:39
Speaker 2: So we got a lot to get to in the
33:40
Speaker 2: next hour. With today, it's Wednesday, already Wednesday, tree lighting tonight.
33:45
Speaker 2: It's going to be a mess traffic wise around Rockefeller Center.
33:48
Speaker 2: Just remember that's actually a good luck alert day today. Now,
33:50
Speaker 2: don't go away. We'll be back with another hour ago
33:53
Speaker 2: right after the news on seven to ten wor