Latest / The Mark Simone Show / Hour 1: New name for the Democrats.

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Hour 1: New name for the Democrats. · The Mark Simone Show

• 0:00
  Speaker 1: This is seven to R Boy, The Mark Simoon Show starts. Now, Hey,
• 0:11
  Speaker 1: we got a lot to get to today. We'll get
• 0:14
  Speaker 1: to President Trump. He's leaving for China in a couple
• 0:16
  Speaker 1: of hours. We'll get to Iran. We'll get to the terrible,
• 0:21
  Speaker 1: awful antisemitic attacks that have been taking place in New York,
• 0:25
  Speaker 1: in London, but especially here in New York, and a
• 0:27
  Speaker 1: mayor that's doing absolutely nothing about it. Lots to get
• 0:32
  Speaker 1: to today. We'll get to prices are going to be
• 0:34
  Speaker 1: coming down on a few things. President Trump has given
• 0:37
  Speaker 1: Democrats a new name. You know, he's great at nicknaming
• 0:41
  Speaker 1: people Pocahontas and Sleepy Joe and low energy Jeb. He's
• 0:46
  Speaker 1: now calling them democrats, dum democrats. So let's all do
• 0:53
  Speaker 1: that from now on, just say democrats, not Democrats. Democrats.
• 0:57
  Speaker 1: President unleashing that yesterday on truth Social So from now on,
• 1:02
  Speaker 1: it's Democrats Democrats. And the poster boy obviously would be
• 1:06
  Speaker 1: Hakeem Jeffries, very very low IQ guy, and the minority
• 1:13
  Speaker 1: the Democrat minority leader. So he's going to leave for
• 1:19
  Speaker 1: China in a little while. Now, if you read the
• 1:21
  Speaker 1: fake news, follow the fake news, watch the fake news,
• 1:24
  Speaker 1: you are led to believe that he's going to China,
• 1:26
  Speaker 1: this is going to be a rough trip. He has
• 1:28
  Speaker 1: no leverage, and he's going to look weak. I've been
• 1:32
  Speaker 1: hearing that word weak. He weak in front of China.
• 1:34
  Speaker 1: No leverage weak, weak weak. The opposite is true. China's
• 1:40
  Speaker 1: economy is not very strong. It's it's a little bit
• 1:44
  Speaker 1: of trouble. Their economy is weak right now. Our economy
• 1:47
  Speaker 1: is booming, the stock market, earnings, corporations, jobs, everything. There's
• 1:52
  Speaker 1: a little spike in gas prices due to the Iran conflict,
• 1:55
  Speaker 1: but otherwise the economy is in phenomenal shape. We're taken
• 1:59
  Speaker 1: in more more money than ever before. We're pumping more
• 2:02
  Speaker 1: oil than we've ever pumped. We're now pumping more oil
• 2:05
  Speaker 1: than anybody in the world with the biggest exporter. The
• 2:08
  Speaker 1: economy is booming. China's economy is weak. It's fragile right now.
• 2:13
  Speaker 1: It's not, you know, in real trouble, but it's close.
• 2:17
  Speaker 1: It's close. It's not strong right now. And China's got
• 2:20
  Speaker 1: a problem with the Iran conflict. Half their oil comes
• 2:24
  Speaker 1: from Iran, so they've lost fifty percent of their supply.
• 2:27
  Speaker 1: So actually Trump has a lot of leverage. It's China
• 2:30
  Speaker 1: that really has no leverage right now. They need the
• 2:33
  Speaker 1: Iran conflict settled a lot more than we do. So
• 2:36
  Speaker 1: he's going to China. He'll leave this afternoon. The big
• 2:39
  Speaker 1: meetings to take them Today's Tuesday. You know, by the
• 2:42
  Speaker 1: time he gets there, it's tomorrow night, So the big
• 2:44
  Speaker 1: meetings are on Thursday. With them, he's taking with him
• 2:47
  Speaker 1: a lot of big CEOs. Tim Cook of Apple, Elon Musk,
• 2:52
  Speaker 1: the CEO of Boeing. One reason you take these guys
• 2:55
  Speaker 1: is you want to help them get business. You want
• 2:57
  Speaker 1: to help them get contracts. You want to help Boeing
• 3:00
  Speaker 1: sell a lot of planes over there in China. Tim
• 3:02
  Speaker 1: Cook already does a lot of business in China, but
• 3:06
  Speaker 1: so it should be a pretty successful trip. Hey, Bill,
• 3:09
  Speaker 1: O'reilly'll be with us later in the second hour. Now,
• 3:12
  Speaker 1: he went to China. He's been through this in the
• 3:15
  Speaker 1: last few months, so he can tell you all about
• 3:17
  Speaker 1: what it's like in China and what the problems are
• 3:19
  Speaker 1: when you get there. You can't bring your phone because
• 3:22
  Speaker 1: they'll embed stuff in your phone, you can't bring your computer. Well,
• 3:26
  Speaker 1: he'll tell us all about it. The surveillance they do
• 3:29
  Speaker 1: on you, it's really eerie. Anyway, we'll get to that
• 3:32
  Speaker 1: coming up. President Trump wants to call Ice nice. It's
• 3:38
  Speaker 1: Immigration and Customs reformed. That's why it's Ice. He wants
• 3:41
  Speaker 1: to add National Immigration and Customs Enforcement. Just change the
• 3:46
  Speaker 1: name instead of Immigration Customs and Enforcement national Immigration Customs
• 3:51
  Speaker 1: and Enforcement. And that way it would be nice and
• 3:56
  Speaker 1: the Democrats would have to call it nice. Now. The problem,
• 4:01
  Speaker 1: the only problem. I hear the people in Ice. The
• 4:03
  Speaker 1: officers don't want it to say nice on their hat.
• 4:06
  Speaker 1: They don't want it to say nice. You know, these
• 4:09
  Speaker 1: are tough warriors. They don't want to say nice on
• 4:13
  Speaker 1: the front of their jacket. But he's thinking of changing
• 4:16
  Speaker 1: the name.
• 4:16
  Speaker 2: I wanted to change the name of Ice, which is
• 4:21
  Speaker 2: a tough name, you know, to Nice, so that when
• 4:25
  Speaker 2: the fake news reports they said it was a nice
• 4:29
  Speaker 2: day with Nice.
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  Speaker 1: Well, it would be good to do, just to drive
• 4:34
  Speaker 1: the left crazy, just to make them completely nuts. Now,
• 4:37
  Speaker 1: price of oil, it is up, but the President has
• 4:41
  Speaker 1: proposed a lot of stuff. There's things you can do
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  Speaker 1: to lower I mean, as soon as the war or
• 4:45
  Speaker 1: whatever it is in Iran ends, the price will plunge.
• 4:50
  Speaker 1: It will plunge to it Probably the lowest point in
• 4:53
  Speaker 1: zillions of years. But until that point, you can you
• 4:56
  Speaker 1: can give some relief. You can remove the gas tax.
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  Speaker 3: Yeah, I'm gonna reduce until they. Let me tell you,
• 5:03
  Speaker 3: as soon as this is over with Iran. As soon
• 5:06
  Speaker 3: as it's over, you're gonna see gasoline and oil drop
• 5:11
  Speaker 3: like a rock.
• 5:12
  Speaker 1: Yeah. So he is talking about getting rid of the
• 5:15
  Speaker 1: gas tax for a while. It's about eighteen and a
• 5:17
  Speaker 1: half cents a gallon and it brings in about forty
• 5:21
  Speaker 1: billion in annual revenue, goes to the Highway Trust Fund.
• 5:24
  Speaker 1: But you could suspend it for a month or two.
• 5:26
  Speaker 1: That's not hard to do. So that's about eighteen cents
• 5:28
  Speaker 1: a gallon you're paying when you buy a gallon of gas,
• 5:30
  Speaker 1: you're paying about a dollar of it in taxes federal, state,
• 5:34
  Speaker 1: local tax. You know, despite what you think the oil companies,
• 5:38
  Speaker 1: they really don't make that much. Now, the gas station
• 5:42
  Speaker 1: on a gallon of gas, the net profit to a
• 5:46
  Speaker 1: gas station on a gallon is about five cents. So
• 5:49
  Speaker 1: out of that four bucks, the gas station is only
• 5:52
  Speaker 1: getting about five cents. They get a little more, but
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  Speaker 1: I'm talking about net profit because their costs are really high.
• 5:59
  Speaker 1: You know, a gas station is huge, huge overhead costs.
• 6:03
  Speaker 1: The margins are high. Big overhead costs, you know, like
• 6:05
  Speaker 1: credit card fees, labor, transport, reduce their profit.
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  Speaker 4: You know.
• 6:10
  Speaker 1: In many of those gas stations, the gas is actually
• 6:13
  Speaker 1: a lost leader. In many of those gas stations, the
• 6:15
  Speaker 1: station isn't even making a profit. They make all their
• 6:18
  Speaker 1: money when you go in. You know, it's a convenience
• 6:20
  Speaker 1: store too. It's when you buy something there where they
• 6:22
  Speaker 1: make most of their money. So if you just pull
• 6:24
  Speaker 1: and get your gas and leave, you're not one of
• 6:27
  Speaker 1: their favorite customers. If you come there inside and buy
• 6:29
  Speaker 1: some stuff, you're really helping them out. Now, the oil companies,
• 6:32
  Speaker 1: how much do they make on a gallon of gas? Well,
• 6:35
  Speaker 1: it depends on where you are in the country, but
• 6:38
  Speaker 1: it's about ten to thirty cents the oil companies, that's
• 6:42
  Speaker 1: the net profit. Now, remember their costs are very high,
• 6:44
  Speaker 1: you know, like it costs them like fifty percent of
• 6:48
  Speaker 1: the price just to refine the gas and all that stuff.
• 6:51
  Speaker 1: So on a gallon of gas, the oil company only
• 6:53
  Speaker 1: makes about ten to thirty cents and the rest of
• 6:56
  Speaker 1: that is mostly taxes, fees, all that sort of stuff.
• 6:59
  Speaker 1: So the president wants to cut the federal gas tax.
• 7:02
  Speaker 1: That'll bring some relief. And then the other thing, you
• 7:04
  Speaker 1: can release oil from the Strategic Petroleum Reserve. He was
• 7:08
  Speaker 1: talking about releasing fifteen million barrels. So far we only
• 7:12
  Speaker 1: released four million barrels four million. But the reason it's
• 7:17
  Speaker 1: going so the release is slow is we don't have
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  Speaker 1: enough pipelines to get it all out there. We're limited
• 7:23
  Speaker 1: on the pipeline, so they're releasing it as fast as
• 7:25
  Speaker 1: they can. So you could release fifteen even forty million.
• 7:28
  Speaker 1: You could release forty million barrels. This talk of even
• 7:31
  Speaker 1: doing that flood the market with forty million barrels. Now
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  Speaker 1: you can do it because the Strategic Petroleum Reserve has
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  Speaker 1: over four hundred million barrels in it and this is
• 7:42
  Speaker 1: what it's for in a time of war if you
• 7:43
  Speaker 1: need it, so you can you could easily do forty million.
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  Speaker 1: He's also going to lower prices on some other things.
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  Speaker 1: You know, if you go to a steakhouse, and steak
• 7:52
  Speaker 1: was always high priced, you know it's steak fifty dollars.
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  Speaker 1: Now when you go to steakhouse seventy five dollars, eighty dollars,
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  Speaker 1: ninety five dollars, a hundre undred dollars for a steak.
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  Speaker 1: And by the way, the restaurant is not gouging. In
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  Speaker 1: most cases, the big fancy steakhouse and the steaks one
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  Speaker 1: hundred dollars, they're not making any profit on it. Yeah,
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  Speaker 1: believe it or not, they're costs. They're paying like ninety
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  Speaker 1: three dollars for the steak, and then the rest of
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  Speaker 1: that goes to staff, rent, all that sort of stuff.
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  Speaker 1: So when you ordered one hundred dollars steak, they're really
• 8:23
  Speaker 1: not so thrilled. If you order the side order the broccoli,
• 8:27
  Speaker 1: then you're doing them a favor. The broccoli they can
• 8:29
  Speaker 1: charge you fifteen dollars for and it probably cost them
• 8:32
  Speaker 1: thirty cents. So all the profit now is in the
• 8:34
  Speaker 1: side dishes. But the reason the price of steak went
• 8:39
  Speaker 1: so crazy is the shortage of cattle. It's been a
• 8:41
  Speaker 1: huge cattle shortage. The cattle supply, the cattle herd is
• 8:46
  Speaker 1: down to a seventy five year low. Part of it
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  Speaker 1: was record drought and higher production costs, and then there
• 8:53
  Speaker 1: were all sorts of disease and illness that went through
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  Speaker 1: the American cattle. So the President is going to do
• 9:00
  Speaker 1: an executive order that will temporarily suspend all tariffs on
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  Speaker 1: imported beef. So the first step, he's going to get
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  Speaker 1: a lot more imported beef in here. That will lower
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  Speaker 1: the price short term, allow a lot more imported beef
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  Speaker 1: to come in. Long term, they're trying to increase the
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  Speaker 1: herds right now. So he's rolling back all these crazy
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  Speaker 1: regulations protection so the cattle people can start raising more cattle.
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  Speaker 1: There's been another problem. The ranchers are forced to do
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  Speaker 1: all kinds of things. They got to put electronic ear
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  Speaker 1: tags on all cattle and all that stuff. There's problems
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  Speaker 1: with the grass that the cattle graze on. They have
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  Speaker 1: to all kinds of regulations. You're going to lift a
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  Speaker 1: lot of them. But the other problem is extremely dry
• 9:43
  Speaker 1: conditions that drought reduce the amount of grass available for grazing.
• 9:48
  Speaker 1: So but the president working on it. He'll bring the
• 9:51
  Speaker 1: price of beef down. Price of eggs is already down.
• 9:55
  Speaker 1: He's got that down. And yeah, beef prices up almost
• 9:59
  Speaker 1: f fifty just in the last five years. So yeah,
• 10:05
  Speaker 1: so hey, the World Cup is coming to the United
• 10:11
  Speaker 1: States and everybody's already complaining about the prices, you know,
• 10:15
  Speaker 1: thousands of ticket and then but it starts June eleventh
• 10:18
  Speaker 1: in Mexico City and then it comes here. But people,
• 10:22
  Speaker 1: I'm looking at some of the things they're selling online.
• 10:24
  Speaker 1: You know, there's seats that are going for thirty three
• 10:28
  Speaker 1: thousand dollars July nineteenth, MetLife Stadium. There's some seats for
• 10:33
  Speaker 1: thirty three thousand dollars. So this is like sports meets
• 10:39
  Speaker 1: met Gala. Just preposterous, ludicrous, irrational prices. It's triple the
• 10:44
  Speaker 1: cost of the most expensive ticket ever sold before. Even
• 10:49
  Speaker 1: if you just want a regular seat, it's going to
• 10:51
  Speaker 1: be about two thousand and three thousand, absolutely ridiculous. I mean,
• 10:54
  Speaker 1: they'll probably get people to pay for it. So I
• 10:57
  Speaker 1: guess we're wrong. I guess they can get away with it.
• 10:59
  Speaker 1: They can get away with it. Hey, James Coomy, the
• 11:05
  Speaker 1: totally dirtiest FBI director ever, James Comy Big interview yesterday.
• 11:09
  Speaker 1: I guess where he chose for the interview, Yeah, MSNBC
• 11:13
  Speaker 1: or MS whatever the hell it's called now, And he
• 11:16
  Speaker 1: went after Trump, saying he has a bottomless desire to
• 11:20
  Speaker 1: gain revenge. He's using the DOJ to target his enemies
• 11:26
  Speaker 1: from the guy who set the all time record from
• 11:29
  Speaker 1: using the justice Department to target enemies. He started with
• 11:32
  Speaker 1: Trump and then they went after anybody anything with Trump.
• 11:35
  Speaker 1: He's the guy Komy that pushed that crazy, ridiculous Russia hoax.
• 11:41
  Speaker 1: He was the FBI director. He was so deep into
• 11:44
  Speaker 1: that Russian dossier that he knew it was fake. He
• 11:47
  Speaker 1: knew it was a fraud, he knew it was based
• 11:49
  Speaker 1: on nothing, he knew it was paid for by Hillary Clinton.
• 11:52
  Speaker 1: Yet he still went ahead on it and pushed that
• 11:56
  Speaker 1: Russia hoax and nothing. Then tried to blackmail the president
• 11:59
  Speaker 1: the first time he met him, showed him all this
• 12:01
  Speaker 1: disgusting stuff he had on him. Just a real Jay
• 12:04
  Speaker 1: Edgar Hoover, but actually worse Jay Edgar Hoover had a
• 12:08
  Speaker 1: limit on it on how much you would do this.
• 12:09
  Speaker 1: Camy a really, really bad guy. So the fact that
• 12:12
  Speaker 1: he's doing these interviews means he's trying to do some
• 12:16
  Speaker 1: damage control. I think I guess he realizes he does
• 12:19
  Speaker 1: have a problem. Hey, you know, sixty Minutes landed a
• 12:22
  Speaker 1: big interview with Benjamin Nett Yahoo, and sixty Minutes was
• 12:27
  Speaker 1: stunned when the new CBS News president Barry Wise stepped
• 12:31
  Speaker 1: in and decided the interview the big exclusive, big interview
• 12:34
  Speaker 1: with Benjamin Nett Yahoo would be done by Major Garrett,
• 12:40
  Speaker 1: not by the sixty minutes All Stars, not by Leslie Stall.
• 12:44
  Speaker 1: They were unbelievably livid. They were furious, they were fuming
• 12:47
  Speaker 1: at sixty minutes. She handed it to Major Garrett. Why
• 12:51
  Speaker 1: because he's more of a real, real journalist, more of
• 12:54
  Speaker 1: a real neutral sort of a reporter, would ask all
• 12:57
  Speaker 1: the good questions, all the legitimate questions. Remember, Leslie Stall
• 13:01
  Speaker 1: has a history of lying in interviews, rigging interviews. The
• 13:05
  Speaker 1: most famous one was the Trump interview where he talked
• 13:08
  Speaker 1: about their surveillance on my campaign in twenty fifteen sixteen,
• 13:13
  Speaker 1: and she neared screaming at him, that's not true, that's
• 13:15
  Speaker 1: not true. There's no evidence. Well, of course it was true,
• 13:18
  Speaker 1: and there was evidence of it. It was later proven,
• 13:20
  Speaker 1: so she was totally wrong. And every time she's interviewed
• 13:23
  Speaker 1: President Trump, he kind of enjoys it. He doesn't like
• 13:27
  Speaker 1: easy interviews, he likes those fake news. He likes fighting
• 13:30
  Speaker 1: with him. But every time she's interviewed him, she's made
• 13:32
  Speaker 1: up all kinds of crap instead of just trying to
• 13:35
  Speaker 1: get information out of him, to try to catch him
• 13:37
  Speaker 1: in things, accusing of things, so it's not a real interview.
• 13:40
  Speaker 1: You need Barry Weissee's absolutely right. So we can give
• 13:43
  Speaker 1: it to an actual, neutral, legitimate reporter anchor. So Major
• 13:48
  Speaker 1: Garrett will do the interview. The anti Semitic attacks will
• 13:51
  Speaker 1: get to that coming up. It's a real problem. It's
• 13:54
  Speaker 1: out of control in London, thousands of thousands of Jews.
• 13:58
  Speaker 1: Actually march was just good, good organizing demanding the government
• 14:03
  Speaker 1: do something about it. But it happened in New York.
• 14:05
  Speaker 1: It's happening in New York yesterday, out of control at
• 14:10
  Speaker 1: a synagogue in Brooklyn. The mayor, this is the number
• 14:13
  Speaker 1: one responsibility of the mayor to speak out, to do
• 14:17
  Speaker 1: something when stuff like this happens. He's nowhere to be found.
• 14:20
  Speaker 1: The police tried to do what they could, but you know,
• 14:24
  Speaker 1: sometimes they're handcuffed more than the criminals. And they got
• 14:27
  Speaker 1: to start. And the mayor's got to do this. If
• 14:29
  Speaker 1: you're going to have these kind of violent, crazy anti
• 14:32
  Speaker 1: Semitic and thanks Democrats for unleashing this crap on us,
• 14:36
  Speaker 1: but if you're going to have those kind of protesters,
• 14:38
  Speaker 1: you gotta the city has to enforce all this stuff.
• 14:41
  Speaker 1: You got to set up a barrier you know, if
• 14:43
  Speaker 1: the synagogue is here, the barriers over there, they're across
• 14:46
  Speaker 1: the street. They can yell and scream, they have the
• 14:49
  Speaker 1: right to protest, hold up their signs, yell and scream,
• 14:52
  Speaker 1: but across the street, so they can't menace, hurt, or
• 14:55
  Speaker 1: do anything to the people going in and out of
• 14:58
  Speaker 1: the synagogue. So may still silent on this. It's just awful. Anyway,
• 15:02
  Speaker 1: we'll get back to that. We've got a lot to
• 15:03
  Speaker 1: talk about. We'll take some calls next. Eight hundred three
• 15:07
  Speaker 1: two one zero seven ten is the number. Eight hundred
• 15:11
  Speaker 1: three two one zero seven ten.
• 15:15
  Speaker 2: Get instant access to Mark by setting a pre set
• 15:18
  Speaker 2: in the iHeartRadio app for his live show and his podcast.
• 15:22
  Speaker 1: Now back to the Marks Dumon show on woor Hey,
• 15:28
  Speaker 1: what's going on here? A couple of open lines, Yeah,
• 15:31
  Speaker 1: there's a few open lines.
• 15:32
  Speaker 4: Call me.
• 15:33
  Speaker 1: Eight hundred three two one zero seven ten is the number.
• 15:37
  Speaker 1: Eight hundred three two one zero seven ten. Let's go
• 15:40
  Speaker 1: to Tom and Queen's Tom.
• 15:42
  Speaker 5: How you doing, Hey, Mark, Good morning Mark. Yeah, listening
• 15:47
  Speaker 5: to Bill O'Reilly and he mentioned he thinks that the
• 15:52
  Speaker 5: guest companies are gouging the consumers.
• 15:55
  Speaker 4: Could you ask him about that.
• 15:57
  Speaker 1: Well, I just I just gave you actual numbers. Those
• 16:00
  Speaker 1: are the numbers, all right.
• 16:03
  Speaker 5: But he's got his own thoughts about it.
• 16:05
  Speaker 1: You can have your own thoughts, but I just gave
• 16:07
  Speaker 1: you the actual numbers. That's that's the best thing you
• 16:09
  Speaker 1: can do. Okay, But I mean, the one thing you
• 16:13
  Speaker 1: could argue is they raised the prices to match the
• 16:16
  Speaker 1: worldwide prices when they don't have to. But yeah, but
• 16:20
  Speaker 1: I don't know. You know, if you if you made
• 16:22
  Speaker 1: them put it back down to what it should be,
• 16:24
  Speaker 1: they'll just they'll just drill less. They'll just pump less
• 16:26
  Speaker 1: oil and create a short and raise them that way.
• 16:29
  Speaker 1: But the numbers, I gave you the actual numbers and
• 16:31
  Speaker 1: on what they're making, and it's it's about usual. But
• 16:34
  Speaker 1: they did raise the price to match the worldwide prices.
• 16:38
  Speaker 1: So let's go to Joe and Elmwood Park. Joe, how
• 16:41
  Speaker 1: you doing, Joe? You're there. I hear you're breathing. Joe.
• 16:52
  Speaker 1: Oh there, we woke them up. Yes, go ahead, Joe, Mark.
• 16:56
  Speaker 6: I wean't to talk about the World Cup. I don't really,
• 16:59
  Speaker 6: I'm not a soccer but it's twelve fifty for a
• 17:02
  Speaker 6: ticket and our dummy says one hundred and fifty. But
• 17:05
  Speaker 6: now she's doing her favorites one hundred and five.
• 17:07
  Speaker 1: You're talking about the World Cup.
• 17:10
  Speaker 6: The bus tickets, okay, oh with the bus tickets, yeah yeah.
• 17:13
  Speaker 6: And one thing real fast, Alc, you have to stop
• 17:17
  Speaker 6: calling her a bartender. I don't think she has a
• 17:19
  Speaker 6: mentality be a bartender. It's an insult every bartender.
• 17:22
  Speaker 1: Well, that's true. You know, I'm thinking about this, the
• 17:25
  Speaker 1: arguing about the bus prices to get there. But if you,
• 17:29
  Speaker 1: as I said, the ticket to this MetLife tickets that
• 17:32
  Speaker 1: are thirty three thousand dollars, If you're paying thirty three
• 17:35
  Speaker 1: thousand a seat, I don't think you're taking the bus probably,
• 17:40
  Speaker 1: but well you might because it's a traffic nightmare getting
• 17:44
  Speaker 1: in and out of there. This is going to just
• 17:46
  Speaker 1: disrupt all of us all over in New York. Let's
• 17:49
  Speaker 1: go to Max in Manhattan. Max, how you're doing?
• 17:52
  Speaker 4: Mark Michael? You know I can trust you because you
• 17:57
  Speaker 4: take phone calls. I mean agree, you're but there are
• 18:00
  Speaker 4: a lot of a lot of talks as who are
• 18:02
  Speaker 4: not taking phone calls. I sit in the morning, Larry Caudlow.
• 18:05
  Speaker 1: I know, well anute. Now most morning shows don't take
• 18:08
  Speaker 1: a lot of phone calls. It's different when you're on
• 18:10
  Speaker 1: in the morning.
• 18:12
  Speaker 4: They can they can put at least decided five minutes
• 18:16
  Speaker 4: for the whole show for a couple of questions.
• 18:18
  Speaker 1: Okay, but I'll be honest, I don't take a lot.
• 18:21
  Speaker 1: I take calls one minute an hour, two minutes an hour.
• 18:23
  Speaker 4: Now, but look look at Minty in the morning with
• 18:26
  Speaker 4: with Curtis. They could use some phone calls to straighten
• 18:28
  Speaker 4: the mind.
• 18:29
  Speaker 1: Well they I gotta be honest. Well, they do their
• 18:32
  Speaker 1: own version, which is they do the what do you
• 18:34
  Speaker 1: call that talk back? So that's basically phone calls. It's
• 18:38
  Speaker 1: just you're tight for time in the morning.
• 18:40
  Speaker 4: So they I understand what you're saying.
• 18:42
  Speaker 1: But I've got to be honest. Your phone calls aren't
• 18:45
  Speaker 1: that exciting. Look at you? Did you have you said
• 18:47
  Speaker 1: anything of interest yet?
• 18:49
  Speaker 4: I think so, okay, you keep.
• 18:51
  Speaker 1: Thinking that, Yeah, we don't take a lot of phone
• 18:54
  Speaker 1: calls because uh uh, and we will love you. But
• 18:58
  Speaker 1: that's why you get a great call. But most of
• 19:00
  Speaker 1: the calls, I think the president should do this. I
• 19:03
  Speaker 1: don't think you should do this. I think you should
• 19:05
  Speaker 1: do this. It's like just a lot of opinions which
• 19:07
  Speaker 1: we try to stay away. Believe or not, we try
• 19:09
  Speaker 1: to stay away from opinions on the show. We just
• 19:11
  Speaker 1: try to give you information. Here's the facts, here's the
• 19:13
  Speaker 1: inside scoop, Here's what's going on. Phone calls. It's a
• 19:17
  Speaker 1: nice little touch because we do like to talk to you.
• 19:19
  Speaker 1: But and as far as the morning shows, they don't
• 19:23
  Speaker 1: really do phone calls ever in the morning. And you know,
• 19:25
  Speaker 1: on a talk radio morning show, because you've got a
• 19:27
  Speaker 1: million things going on. You know, we just have a
• 19:30
  Speaker 1: newscast at the top of the hour and at the
• 19:31
  Speaker 1: bottom of me that's about it. But they got traffic,
• 19:33
  Speaker 1: they got weather, they got sports, they got so much
• 19:35
  Speaker 1: they got to get into the hour. Let's go to
• 19:39
  Speaker 1: Let's go to Maria in Terrytown. Maria, how you doing him?
• 19:43
  Speaker 7: Mark?
• 19:44
  Speaker 8: You know, I am so worried about this president and
• 19:48
  Speaker 8: the entourage of people he's going to China with.
• 19:53
  Speaker 5: Are we like not?
• 19:54
  Speaker 8: We're under estimating the danger here. We have all these
• 19:58
  Speaker 8: capitalists and the president of and media and wouldn't the
• 20:04
  Speaker 8: Democrats just like to get ridom?
• 20:08
  Speaker 1: Yeah, but I know what you're saying, But you got
• 20:10
  Speaker 1: to remember he has a great relationship with President she
• 20:12
  Speaker 1: of China. We do a lot of business together. China's
• 20:16
  Speaker 1: economy is not very strong right now. They're pretty dependent
• 20:18
  Speaker 1: on us for things. And presidents have always traveled that
• 20:22
  Speaker 1: China's been going on since Nixon and Set nineteen seventy
• 20:26
  Speaker 1: one or whatever it was. So and they know what
• 20:28
  Speaker 1: they know how to protect the president over there. Let's
• 20:31
  Speaker 1: go to Greg and Long Island. Greg, how you doing.
• 20:34
  Speaker 5: Good morning, Mark. I just wanted to ask, with this
• 20:38
  Speaker 5: fuel prices the way they are, why doesn't Trump try
• 20:43
  Speaker 5: to pull the same kind rabbit out of the hat
• 20:46
  Speaker 5: that President Kennedy did years ago with the steel industry,
• 20:51
  Speaker 5: where they were going to raise steel prices even more.
• 20:55
  Speaker 1: Because as I said before, yeah, they don't have to
• 20:57
  Speaker 1: match the world price. They could keep the oil prices
• 20:59
  Speaker 1: here because we produce all our own oil. There's nothing
• 21:01
  Speaker 1: to do with the rest of the world. We could
• 21:02
  Speaker 1: keep it steady and you could do it. Kennedy called
• 21:05
  Speaker 1: in all the heads of the steel companies and pretty
• 21:07
  Speaker 1: much threaten them. You could do that to the oil companies,
• 21:11
  Speaker 1: but then they'll just drill less. They'll just stop drilling.
• 21:15
  Speaker 1: And right now we're producing more oil than ever before
• 21:18
  Speaker 1: we used. Under Biden, we produced four million barrels a day.
• 21:22
  Speaker 1: Right now, we're doing fourteen million barrels a day. So
• 21:25
  Speaker 1: if you do that to them, they'll just cut back
• 21:26
  Speaker 1: production and get the prices up that way. Let's go
• 21:30
  Speaker 1: to Vincent and Brooklyn. Vincent, how you doing.
• 21:32
  Speaker 7: Good morning, Mark, Good morning Marriage. This is Uncle Vincent's
• 21:36
  Speaker 7: idea for bringing down your gas prices. A. Number one,
• 21:40
  Speaker 7: do not pay with your credit card because most pumps
• 21:44
  Speaker 7: there's like a tensience difference between if you pay with
• 21:46
  Speaker 7: your credit card and you pay with care if Number two,
• 21:51
  Speaker 7: if you want to see the World Cup and everything
• 21:54
  Speaker 7: and it's not being carried on American TV, go get
• 21:57
  Speaker 7: yourself for local TV and get yourself the Italian package
• 22:02
  Speaker 7: for ten dollars a month and you'll see all the
• 22:04
  Speaker 7: games you want. I did it the last time, all right.
• 22:06
  Speaker 1: Number three, Wait, I'm just thinking about this. See. I
• 22:09
  Speaker 1: like to pump my own gas. I hate and attendant.
• 22:12
  Speaker 1: So if I want to buy gas and I stick
• 22:15
  Speaker 1: my credit card and the pump, I pump my gas. Now,
• 22:18
  Speaker 1: if I want to pay cash, I gotta go inside.
• 22:20
  Speaker 1: It takes a lot.
• 22:21
  Speaker 7: Yeah, I know, it's it's a little bit more of
• 22:24
  Speaker 7: a hassle. But I never use a credit card when
• 22:27
  Speaker 7: I go buy gas or Vincent.
• 22:29
  Speaker 1: You got that role broccoli rubber band around.
• 22:33
  Speaker 7: It exactly, the Andy Boy broccoli, the pink one mark.
• 22:38
  Speaker 7: Another reason why most people don't notice that white beef
• 22:41
  Speaker 7: prices are so high. Joe Biden put the kebash on.
• 22:45
  Speaker 7: They were aside from the slaughter when they would bring
• 22:48
  Speaker 7: the cattle to the slaughter house before the cattle was slaughtered,
• 22:53
  Speaker 7: they would leave the cattle, the farmer's cattle on the
• 22:55
  Speaker 7: grounds for so many months to fatten it up before
• 23:00
  Speaker 7: were slaughtered. Then Joe Biden put the kebash because of
• 23:05
  Speaker 7: Gandhi on these places, because of so called cow flatulence.
• 23:11
  Speaker 7: So we don't have as many of these fat farms
• 23:15
  Speaker 7: as we used to have. The fatten the catalog. It
• 23:18
  Speaker 7: was Joe Biden who did that.
• 23:20
  Speaker 1: Good point, Vincent, excellent call, thanks for calling. Yeah, we'll
• 23:24
  Speaker 1: talk about this a minute. We're going to have John
• 23:28
  Speaker 1: Carney next to the editor Breitbart Business Digest, the smartest
• 23:31
  Speaker 1: guy on oil prices, on inflation. We'll get the real
• 23:35
  Speaker 1: story in a minute. That's coming up next on seven
• 23:38
  Speaker 1: to ten wo R.
• 23:40
  Speaker 2: He's got the whole city in your radio.
• 23:42
  Speaker 1: Marximo on seven ten, wr Well the brilliant columnist John Carney.
• 23:51
  Speaker 1: He's the editor of Breitbart Business Digest, which is the
• 23:55
  Speaker 1: best business digest you can get. You should subscribe to this.
• 23:59
  Speaker 1: You go to Breitbart dot com, go to bright bart
• 24:02
  Speaker 1: dot com, go to newsletters, and then sign up. It's free.
• 24:05
  Speaker 1: Just sign up with your email and get the bright
• 24:07
  Speaker 1: Bart Business Digest. The smartest people in the world. Is
• 24:10
  Speaker 1: the first thing they read every morning. Scott Besson, Treasury secretory, said,
• 24:13
  Speaker 1: it's the first thing he looks at every morning. Larry Kudlow,
• 24:16
  Speaker 1: first thing he looks at every morning, the bright Bart
• 24:18
  Speaker 1: Business Digest. And here's the editor, John Carney. How you doing.
• 24:23
  Speaker 5: Great, good Mark, thanks for having me.
• 24:25
  Speaker 1: Hey. I know, listen, there's a spike and oil obviously
• 24:28
  Speaker 1: as a result of Iran, but inflation overall, what the
• 24:33
  Speaker 1: numbers came out where we stand right now in inflation.
• 24:37
  Speaker 5: So this was a pretty bad report. Inflation was up
• 24:41
  Speaker 5: three point eight percent. A huge part of that, over
• 24:45
  Speaker 5: forty percent of it was driven by energy. That's try.
• 24:49
  Speaker 5: The problem is there's other elements in here that may
• 24:54
  Speaker 5: be sort of the higher gas prices passing through a
• 25:00
  Speaker 5: old prices were up furniture prices were up. One thing
• 25:03
  Speaker 5: that's definitely energy related. Airline prices are up. There's a
• 25:08
  Speaker 5: lot of there's food inflation in the here. So this
• 25:11
  Speaker 5: is not what the Trump administration was hoping for. The
• 25:16
  Speaker 5: last month we had high inflation. It was actually on
• 25:18
  Speaker 5: a month to month basis, even worse than So the
• 25:21
  Speaker 5: March report was worse. The April report was bad, but
• 25:26
  Speaker 5: not quite as bad in terms of the price the
• 25:29
  Speaker 5: price index jumping. The problem is it looks like in
• 25:33
  Speaker 5: this one, the prices the inflation is starting to spread
• 25:37
  Speaker 5: a little, and that's not reassuring. You know, back in March,
• 25:42
  Speaker 5: I can tell you, and I did tell you that
• 25:44
  Speaker 5: without a doubt. You know, this was mainly confined to energy.
• 25:49
  Speaker 5: This was you could see it all. I ran. Now
• 25:53
  Speaker 5: I'm worried that, you know, two months in what we
• 25:56
  Speaker 5: saw was the pressure from high energy prices starting to
• 26:02
  Speaker 5: push up some other prices.
• 26:03
  Speaker 1: Yeah, in other words, the price of gas. Everything is everything,
• 26:06
  Speaker 1: and every store is delivered by truck. That brings up
• 26:09
  Speaker 1: the price energy costs to run your business. So it
• 26:12
  Speaker 1: could just be.
• 26:13
  Speaker 5: The oil goes in, Remember, like petroleum goes into things
• 26:18
  Speaker 5: like like the dies and paints, we use products. It
• 26:21
  Speaker 5: goes into it, you know. I think our friend Larry
• 26:24
  Speaker 5: Tublo once you know, figured out that like ninety percent
• 26:28
  Speaker 5: of the economy is you know, directly linked to petroleum.
• 26:31
  Speaker 5: If you are looking at much higher petroleum prices than
• 26:36
  Speaker 5: they are. You know, I looked, we were down below
• 26:39
  Speaker 5: three dollars a gallon for gasoline back in mid February.
• 26:44
  Speaker 5: We're now up at four dollars and fifty cents. This
• 26:47
  Speaker 5: is a you know, this is going to put pressure.
• 26:51
  Speaker 5: It's also probably hurting some things. I noticed that the
• 26:56
  Speaker 5: price of new cars is death. That's probably because people
• 27:01
  Speaker 5: are buying fewer cars. You know, it's funny, right because
• 27:04
  Speaker 5: the gas price things only temporary. But if you look
• 27:07
  Speaker 5: through history, when gas prices go up by a lot,
• 27:11
  Speaker 5: people don't buy as many new cars because they think,
• 27:14
  Speaker 5: oh no, right, Like I just can't you know, I
• 27:17
  Speaker 5: can't afford right now to be putting money into the
• 27:21
  Speaker 5: road when I'm putting that much money into the tank.
• 27:24
  Speaker 1: So once things are settled and Iran, we think everything
• 27:28
  Speaker 1: will work out in the end, and then how long
• 27:30
  Speaker 1: before the prices come down? The presence says they'll drop
• 27:33
  Speaker 1: it round.
• 27:33
  Speaker 5: We should see we should see gas prices come down
• 27:37
  Speaker 5: pretty quickly. We're entering into the summer driving months, which
• 27:43
  Speaker 5: is a time when gas prices usually move up. People's
• 27:46
  Speaker 5: you know, we're just driving a lot more. They take
• 27:48
  Speaker 5: their families on road trips. The weather's nice, to the beach,
• 27:52
  Speaker 5: drive to the mountains. But so they'll come down. They
• 27:56
  Speaker 5: might not come down to where they were in February,
• 27:58
  Speaker 5: but they will come down. The problem is, I probably
• 28:04
  Speaker 5: said this four weeks ago, which was we really need
• 28:08
  Speaker 5: to get this problem cleared up in the straight of moves.
• 28:13
  Speaker 5: Oil needs to start passing through there. The tankers need
• 28:16
  Speaker 5: to pass through there freely. The place that's going to
• 28:20
  Speaker 5: hit the hardest right now is actually California. Their average
• 28:24
  Speaker 5: gas prices are above six dollars. Now that's a couple
• 28:28
  Speaker 5: of things. They have really high taxes out there, but
• 28:31
  Speaker 5: they also the climate change activists have prevented us from
• 28:36
  Speaker 5: doing something that we can easily do, which is build
• 28:39
  Speaker 5: a pipeline from the Midwest out to California. We have
• 28:43
  Speaker 5: all this oil we make, but it comes down into
• 28:46
  Speaker 5: the Gulf of America, and it used to be you know,
• 28:50
  Speaker 5: the Golf of Mexico. It comes down there and there's
• 28:53
  Speaker 5: no easy way to get it out to California. You know,
• 28:57
  Speaker 5: this is insane. One hundred fifty years ago we built
• 29:01
  Speaker 5: a transcontinental railroad. Right, we have the technology to get
• 29:05
  Speaker 5: over the Rocky mountains or through the desert, but we
• 29:09
  Speaker 5: for political reasons, we have been prevented from being able
• 29:13
  Speaker 5: to get that oil out to California. That's very bad
• 29:16
  Speaker 5: for them. The Californian environmental activists don't want it. You know,
• 29:20
  Speaker 5: the people all over America will show up if you
• 29:23
  Speaker 5: try to build one, try to stop you. And of
• 29:26
  Speaker 5: course the Biden and the Obama administrations just put the
• 29:30
  Speaker 5: law on their side and said you could into it.
• 29:32
  Speaker 5: And these things take years to build. So, you know,
• 29:36
  Speaker 5: if it's not enough for Donald Trump to say we
• 29:38
  Speaker 5: can build the pipeline, because the next Democrat that comes in,
• 29:43
  Speaker 5: we'll try to stop it. So Congress actually needs to
• 29:45
  Speaker 5: act and make it clear that pipelines are legal in America.
• 29:48
  Speaker 1: Yeah, people don't think about that. If you have to
• 29:50
  Speaker 1: have the pipeline to get all that oil out to California,
• 29:53
  Speaker 1: otherwise bringing it by truck or shit, it's very slow
• 29:55
  Speaker 1: and costly. What's the objection.
• 29:57
  Speaker 5: You won't believe what we do mark we actually ship
• 30:00
  Speaker 5: it either around Africa or around the end of South America.
• 30:07
  Speaker 5: For the most part, it actually can't go through the
• 30:09
  Speaker 5: Panama Canal because these tankers are too big.
• 30:11
  Speaker 1: Wow.
• 30:12
  Speaker 5: So so it's almost like we're living in like a
• 30:16
  Speaker 5: nineteenth century, you know, eighteenth century explorer world where you
• 30:20
  Speaker 5: have to go around Africa or around the Cape of
• 30:23
  Speaker 5: Good Hope to get oil from you know, from Oklahoma
• 30:30
  Speaker 5: to California. It makes no sense.
• 30:35
  Speaker 1: What's the environmental objection to a pipeline. It's not radioactive material,
• 30:38
  Speaker 1: it's not what's the hazard.
• 30:41
  Speaker 5: Yeah, there's not a good objection. Mainly, they really actually
• 30:44
  Speaker 5: want fossil fuels to be expensive. They're worried that if
• 30:47
  Speaker 5: we make it cheap to get oil to California, Californians
• 30:50
  Speaker 5: will use gasoline, and so they want to make it expensive.
• 30:54
  Speaker 5: They'll tell you, oh, we're worried about weeks, or we're
• 30:57
  Speaker 5: worried about you know, the the.
• 31:00
  Speaker 1: You know, the.
• 31:01
  Speaker 5: Spotted ferret or something whose habitat you're going to go through.
• 31:05
  Speaker 5: But those are all just phony. What they're really trying
• 31:08
  Speaker 5: to do is prevent us from building infrastructure that moves
• 31:15
  Speaker 5: fossil fuels. Across America.
• 31:17
  Speaker 1: Hey, John Carney, bright Bart Business Digest, make sure you
• 31:20
  Speaker 1: subscribe to it. It's the best business thing you can
• 31:24
  Speaker 1: read every morning. Bright Bart Business Digest. The President is
• 31:28
  Speaker 1: going to China, and if you read the fake news,
• 31:31
  Speaker 1: apparently their economy is booming. We're weak. That president has
• 31:34
  Speaker 1: no leverage. What's the truth about our economy versus their economy?
• 31:38
  Speaker 5: So China is actually in much worse shape. Everything we
• 31:41
  Speaker 5: just said about the oil prices. China is extremely dependent
• 31:48
  Speaker 5: on the Persian Gulf. They are having that. They have
• 31:51
  Speaker 5: a lot of reserves, so they have stacked it up,
• 31:54
  Speaker 5: but they are very dependent on that, so that puts
• 31:57
  Speaker 5: a lot of stress on them. They have a lot
• 32:00
  Speaker 5: of problems in that we have been buying a lot
• 32:04
  Speaker 5: less products from China. China is trying to find other markets,
• 32:10
  Speaker 5: but other places, Europe in particular, are waking up and saying, wait,
• 32:14
  Speaker 5: we don't want to have our industry destroyed by China.
• 32:17
  Speaker 5: We don't want to become dependent on China. So the
• 32:20
  Speaker 5: rest of the world is not being as open to
• 32:23
  Speaker 5: China's trade. So China's economy is definitely not doing that well.
• 32:28
  Speaker 5: They would like to make a deal with us we
• 32:30
  Speaker 5: would like to make a deal with them. The question
• 32:33
  Speaker 5: is can we do it in ways that will actually
• 32:37
  Speaker 5: work out. I've been skeptical for years that maybe someday
• 32:41
  Speaker 5: we may just have to realize we can't have as
• 32:45
  Speaker 5: much trade with China as we do that. I don't
• 32:48
  Speaker 5: like the idea that. Look, it'll be great for the
• 32:51
  Speaker 5: US if China agrees to buy a lot more energy
• 32:54
  Speaker 5: from the US. They should be buying natural gas from US.
• 32:57
  Speaker 5: They should be buying our oil. But I am but
• 33:00
  Speaker 5: if the cost of that is us allowing them to
• 33:04
  Speaker 5: destroy our auto manufacturing capacity by selling Chinese cars, you know,
• 33:09
  Speaker 5: Chinese electric vehicles here, I don't think it's worth it.
• 33:11
  Speaker 5: We don't want to become the energy and agricultural colony
• 33:14
  Speaker 5: to China's manufacturing and technology behemoth. We want to make,
• 33:21
  Speaker 5: you know, So that is not worth doing. It would
• 33:24
  Speaker 5: be worth it, though, if they say, well, they'll open
• 33:27
  Speaker 5: their markets to more of our products, and we're able
• 33:31
  Speaker 5: to prevent them from dumping their cheap electric vehicles into
• 33:37
  Speaker 5: our market.
• 33:37
  Speaker 1: Yeah, which is why Trump. President Trump's taking a lot
• 33:40
  Speaker 1: of business leaders with them looking for business.
• 33:43
  Speaker 5: I think that's very smart for him to do, because
• 33:47
  Speaker 5: those guys, China wants to play divide and conquer with America.
• 33:52
  Speaker 5: They want to say to the to business guys, you know,
• 33:54
  Speaker 5: whether it's you know Tim Cook and Trump called them
• 33:57
  Speaker 5: Tim Apple, or you know Elon Mosk or whoever. You know.
• 34:01
  Speaker 5: We know your president doesn't like us, but we'll do
• 34:04
  Speaker 5: deals with you.
• 34:04
  Speaker 7: Guys.
• 34:05
  Speaker 5: Showing up United actually will go a long way to
• 34:10
  Speaker 5: helping us get a better deal with China.
• 34:12
  Speaker 1: Interesting, well, brilliant as always, John Karney. Now Breitbart Business Digest.
• 34:17
  Speaker 1: You write every morning, right your columns every day.
• 34:20
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• 34:25
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• 34:28
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• 34:31
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• 34:35
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• 34:37
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• 34:40
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• 34:44
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• 34:47
  Speaker 5: I don't even barely talk about, but called the number
• 34:49
  Speaker 5: of the day that is the most important. You know,
• 34:52
  Speaker 5: our news is flooded with economic numbers. Yeah, so I
• 34:55
  Speaker 5: try to pick the one that you need to see
• 34:57
  Speaker 5: every day. The number of the day.
• 34:59
  Speaker 1: Is in there.
• 35:00
  Speaker 5: On Fridays, we do something really special. We run back
• 35:03
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• 35:06
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• 35:09
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• 35:12
  Speaker 5: a Today in Economic history. So Breitbart Business Digest, everybody.
• 35:16
  Speaker 1: Yeah, very important. Scott Besant reads it every day. Larry Cudlow,
• 35:20
  Speaker 1: President Trump frees it. Just go to Breitbart dot com,
• 35:23
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• 35:26
  Speaker 1: John Carney, thanks for being with us, Thanks for having me,
• 35:29
  Speaker 1: Mark all right, take care. Hey, we got a lot
• 35:32
  Speaker 1: coming up. And then don't forget it noon it's Buck
• 35:34
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• 35:37
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• 35:40
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• 35:43
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• 35:45
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• 35:49
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• 35:52
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  Speaker 1: ten I'll be on Cudlow tomorrow, which is on four
• 36:07
  Speaker 1: to five on the Fox Business Network. Those are actually
• 36:09
  Speaker 1: the two shows that are very important to watch every day.
• 36:12
  Speaker 1: You'll learn a lot of stuff. Cudlow's smartest show on
• 36:14
  Speaker 1: television weekdays at four and Greg kelly Best Show on
• 36:18
  Speaker 1: Newsmax every night at nine o'clock. Good stuff. They're the President.
• 36:23
  Speaker 1: Those are two shows the President watches every day. TiVo's them,
• 36:27
  Speaker 1: DVRs them. Is there such a thing as a tvo anymore?
• 36:31
  Speaker 1: The same? I know what that means. That's an antiquated term.
• 36:35
  Speaker 1: DVRs them, and a lot of stuff that he likes,
• 36:38
  Speaker 1: the DVRs. And then when he gets home late at
• 36:40
  Speaker 1: night watches them. Then. So the President leaves for China
• 36:44
  Speaker 1: later today, taking a lot of business leaders with him,
• 36:47
  Speaker 1: Tim Cook of Apple and Elon Musk and the head
• 36:51
  Speaker 1: of Boeing and many other companies. So they'll go over there.
• 36:55
  Speaker 1: Interesting what John Carney had to say, China really needs us.
• 36:59
  Speaker 1: They need to to open up the markets for him. President. Obviously,
• 37:04
  Speaker 1: something will happen with Iran and these negotiations. The major
• 37:08
  Speaker 1: benefactor of Iran is China. Obviously, they have a lot
• 37:11
  Speaker 1: of influence over China. So I guess that's another some
• 37:18
  Speaker 1: people that we maybe shouldn't go till Iran is over. Now,
• 37:21
  Speaker 1: actually he should go. China has tremendous influence over Iran,
• 37:25
  Speaker 1: so maybe something will get worked out in the next
• 37:29
  Speaker 1: couple of days. As Sean Handy, as I said, we'll
• 37:31
  Speaker 1: be on the trip with him too, so he'll be
• 37:33
  Speaker 1: reporting for us live from China. Hey, we got another
• 37:37
  Speaker 1: hour to go. I'm here every day ten to noon,
• 37:39
  Speaker 1: or you can listen anytime. Just get the podcast wherever
• 37:42
  Speaker 1: you get podcasts. Back after the news seven to WR