Latest / The Mark Simone Show / Hour 3: Oil executives meeting.

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Hour 3: Oil executives meeting. · The Mark Simone Show

0:00
Speaker 1: It's the Mark Simone show live from the WOR life
0:04
Speaker 1: back studios.
0:09
Speaker 2: Well, Hey, it's the first day of September already and
0:14
Speaker 2: a rainy day today. Lots to get to this hour. Uh, well,
0:18
Speaker 2: and now the media always trying to mislead you, the
0:21
Speaker 2: economy in crisis, the economy in shambles, the economy. We'll
0:25
Speaker 2: get to the truth about that, uh, coming up. Uh, um,
0:29
Speaker 2: I'm watching MSNBC or whatever it's called now. This is
0:34
Speaker 2: the opening of the hour, the whole segment on Roy Cohen.
0:36
Speaker 2: You know, he was this evil lawyer, Roy Cohen. He
0:39
Speaker 2: was so awful. This is the left-wing view. And he's
0:43
Speaker 2: the guy that created Donald Trump. Actually, the headline they
0:46
Speaker 2: have up on the air, Roy Cohen molded Donald Trump.
0:51
Speaker 2: Roy Cohen was Donald Trump's mentor. Roy Cohen is haunting
0:55
Speaker 2: our politics today. Now, this is all a myth about
0:59
Speaker 2: Roy Cohn. He wasn't the nicest guy in the world.
1:02
Speaker 2: I mean, I knew Roy Cohn. He was pretty bad
1:06
Speaker 2: in a lot of ways, but he wasn't the worst
1:08
Speaker 2: guy on earth. But he did not mold Donald Trump.
1:10
Speaker 2: He was not Donald Trump's mentor. He was a lawyer
1:15
Speaker 2: Donald Trump had. Donald Trump had 100 lawyers. Roy Cohn
1:19
Speaker 2: was one of them. And they make it look like
1:21
Speaker 2: they were almost partners, these two, Roy Cohn and Donald Trump.
1:26
Speaker 2: But you might say, well, why would Donald Trump be
1:28
Speaker 2: using Roy Cohn? Well, because at that time, Roy Cohn
1:31
Speaker 2: was the lawyer of New York City. Roy Cohn was
1:35
Speaker 2: also the attorney for the Catholic Church. He was the
1:38
Speaker 2: cardinal's attorney. He was George Steinbrenner's attorney. He was Aristotle Onassis' attorney.
1:44
Speaker 2: Everybody had Roy Cohn. And Donald Trump got a kick
1:48
Speaker 2: out of him. Sometimes they go out together, but he
1:50
Speaker 2: was not the mentor. He didn't mold anything in Donald Trump. So,
1:55
Speaker 2: He did teach him some legal tricks that Trump used
1:57
Speaker 2: later in lawsuits. But this is MSNBC. This is CNN,
2:02
Speaker 2: The New York Times, the whole liberal world. They like
2:04
Speaker 2: to create these myths about everything. Things that were just
2:08
Speaker 2: were never true. They just create these whole fantasies, these narratives.
2:12
Speaker 2: They drill it in your head so many times that
2:14
Speaker 2: all the left wing believes it all the time. So
2:17
Speaker 2: you had this knife wielding woman yesterday, this crazy fat
2:22
Speaker 2: slob lunatic with these Knife in each hand, stabbing people.
2:26
Speaker 2: It was horrible. Police had to shoot her dead, but
2:29
Speaker 2: it was horrifying. Young Bank of America Executive 32 stabbed
2:34
Speaker 2: by this woman. Times Square. It was 4.30 p.m. yesterday
2:38
Speaker 2: in Times Square. Let's do an eyewitness.
2:40
Speaker 3: The situation was a Hispanic lady. So they have a
2:44
Speaker 3: knife in your hand. Try to move up. So police said,
2:48
Speaker 3: drop her. So they continue to move up. When they
2:52
Speaker 3: be like close, the police, a little bit close, not
2:55
Speaker 3: too close, a little bit close.
2:56
Speaker 2: It's a little hard to understand this guy. She's got
3:00
Speaker 2: two knives, stabbed people. She's waving the knives at the cops.
3:04
Speaker 2: She then comes towards the cops. Of course, they have
3:06
Speaker 2: to shoot her dead. They had no choice there. Here's
3:10
Speaker 2: the police commissioner.
3:11
Speaker 1: During the encounter, she told the officers, quote, I'm not
3:15
Speaker 1: dropping anything. I would rather kill both of you. She repeated,
3:20
Speaker 1: I will kill you.
3:21
Speaker 4: All right.
3:23
Speaker 2: Well, I mean, I had no choice. I had to
3:24
Speaker 2: shoot her then and there.
3:26
Speaker 1: The subject waved the knives before stabbing a 68-year-old man
3:31
Speaker 1: in the right side of his abdomen in what appears
3:34
Speaker 1: to be a random and unprovoked attack.
3:40
Speaker 2: Let's just point out, this story will go national. You'll
3:43
Speaker 2: see the video is quite awful. But you'll see this
3:46
Speaker 2: all over the place. And if you talk to your
3:49
Speaker 2: relatives out of town or friends of yours out of town,
3:52
Speaker 2: they have this idea that New York is a dangerous,
3:55
Speaker 2: terrible place. Everything's in shambles here. New York is booming
4:00
Speaker 2: right now. Crime is up a little. The police commissioner
4:05
Speaker 2: and the mayor will tell you crime is way down.
4:06
Speaker 2: It's up a little in robbery, rape, subway crime is
4:10
Speaker 2: up a little. But if you're in the middle of Manhattan,
4:12
Speaker 2: it's fine. Most of this crime, it's not good, but
4:16
Speaker 2: it's contained to eight precincts. And you can walk around
4:21
Speaker 2: all over Manhattan. It looks just like it always looked,
4:23
Speaker 2: and it's fine. But as we told you yesterday, if
4:26
Speaker 2: you heard Steve Cuso on this show going over the details,
4:30
Speaker 2: Manhattan is booming. New York City is booming. Rentals, apartment rentals,
4:35
Speaker 2: you can't even get an apartment anymore here. There's no
4:38
Speaker 2: inventory left. Everybody's renting apartments like crazy. Apartment sales, high end,
4:43
Speaker 2: through the roof. And as Steve pointed out yesterday, leasing,
4:47
Speaker 2: commercial leasing, office space, stores, everything. There's a frenzy right
4:52
Speaker 2: now of leasing. Everybody leasing and buying up every bit
4:56
Speaker 2: of office space in New York. So New York is
4:59
Speaker 2: booming despite Mom Donnie. I mean, he's a silly, crazy character,
5:04
Speaker 2: this Mom Donnie. But he actually gets nothing done. You're
5:08
Speaker 2: not going to see a pied-a-terre tax. You're not going
5:10
Speaker 2: to see free buses. You're not going to see any
5:12
Speaker 2: of his nonsense. He just talks. He got one thing
5:15
Speaker 2: done yesterday, and that's the outdoor dining year-round. We're going
5:19
Speaker 2: to have year-round outdoor dining.
5:21
Speaker 5: Today's bill signing is reflective of a different policy choice,
5:24
Speaker 5: one that will make New York City feel even more
5:26
Speaker 5: alive than it currently does.
5:29
Speaker 2: Now, he's always battling all this stuff, hates these restaurants,
5:31
Speaker 2: hates all of it. Why did he grant them outdoor dining? Well,
5:35
Speaker 2: Vincent might be right. He hates cars even more. So
5:38
Speaker 2: if they're going to take up part of the road,
5:40
Speaker 2: it hurts the cars. That's one reason. And the other
5:43
Speaker 2: reason you can do it outdoors, you've got to build
5:46
Speaker 2: all these sheds. It's another thing for them to tax
5:49
Speaker 2: and regulate. You know, these restaurants have to do this
5:51
Speaker 2: outdoor dining. The city shows up with a million fees
5:56
Speaker 2: and all kinds of inspections, and they fine you every
6:01
Speaker 2: two seconds. So they make a lot of money off
6:04
Speaker 2: this outdoor dining. That's why a guy like Mamdani would
6:08
Speaker 2: suddenly be for that. So you got the new Fed chairman,
6:10
Speaker 2: Kevin Warsh, signaling there might be a slight rate hike. Now,
6:17
Speaker 2: some think that's not a bad idea. And by the way,
6:20
Speaker 2: you know what? John Carney, the greatest economist, he'll be
6:22
Speaker 2: with us later. I'm going to ask him this because
6:25
Speaker 2: some people don't realize they can hike the rates and
6:28
Speaker 2: it can lower the mortgage rates. He'll explain it to
6:31
Speaker 2: you later on. President Trump reacting.
6:33
Speaker 6: What they're doing is they're really saying you can never do,
6:36
Speaker 6: you can never really step in the gas. We could
6:38
Speaker 6: have a GDP of 14, 15, 16, and 20. But
6:43
Speaker 6: every time you do well, we just announce great numbers.
6:46
Speaker 6: And so now they're talking about raising interest rates.
6:48
Speaker 2: It's ridiculous. Well, we'll ask Carney about it later this hour. Hey,
6:52
Speaker 2: President Trump going after crazy Kathy Hochul, who is running
6:56
Speaker 2: around frantic now because Bruce Blakeman, a very strong candidate.
7:02
Speaker 2: doing very well, just climbing, slowly but surely climbing in
7:06
Speaker 2: the polls. I think on his way to victory in November,
7:10
Speaker 2: Blakeman would be a great governor. Make sure you help him.
7:14
Speaker 2: Make sure you donate. Blakeman4NewYork. com. Blakeman4NewYork. com. President Trump loves him.
7:21
Speaker 2: But I listened to President Trump on Kathy Hochul yesterday.
7:24
Speaker 6: The governor of New York, Kathy Hochul, just announced that
7:27
Speaker 6: she's letting 7,000 people go. into criminals go right back
7:32
Speaker 6: onto the streets of New York. What's wrong with her?
7:36
Speaker 6: What's wrong with her? How can she do that? So
7:38
Speaker 6: we're able to get people easier, and they're bad people.
7:41
Speaker 6: We want to get bad ones out of here and
7:43
Speaker 6: get them out of here fast, and that's what we're
7:45
Speaker 6: doing in record numbers.
7:46
Speaker 2: Yeah. So that's the problem with Hochul. She's going to
7:51
Speaker 2: have to answer for all this in a debate. She's
7:54
Speaker 2: only agreed to one debate with Blakeman, And she's demanding
7:58
Speaker 2: it be New York 1, which has got the lowest
8:00
Speaker 2: viewership of anything. Also, it's extremely biased left wing. Errol
8:05
Speaker 2: Lewis and all those people, very biased, very left wing.
8:09
Speaker 2: So I think she feels safe there. But I just
8:13
Speaker 2: have a feeling she's not going to get away with
8:14
Speaker 2: one debate. She'll be forced to do a second debate.
8:17
Speaker 2: Blakeman will do much better than her in any debate. Hey,
8:21
Speaker 2: the Lindsey Clancy case, everybody was predicting a hung jury. Well,
8:26
Speaker 2: it's looking like that. Jurors came back today and told
8:30
Speaker 2: the judge they are absolutely deadlocked. The judge has ordered
8:34
Speaker 2: them back into deliberations, fourth day. So they're deliberating as
8:39
Speaker 2: we speak. But I have a feeling this is going
8:41
Speaker 2: to be a hung jury. And, you know, if you
8:44
Speaker 2: kill your kids, murder your children, and you can get
8:47
Speaker 2: a hung jury, that lawyer is going to do very well.
8:52
Speaker 2: He hasn't said yet whether he'd work on the appeal
8:56
Speaker 2: or not. Hey, if you missed the first hour, remember
8:59
Speaker 2: we start at 9 o'clock every day. 9 o'clock every morning.
9:02
Speaker 2: It's a three-hour show now. We're talking about Anna Wintour,
9:06
Speaker 2: and there's more and more coming out about her. She
9:09
Speaker 2: picked a vicious anti-Semite to honor at this stupid Met
9:14
Speaker 2: Gala this year, the fashion designer Galliano. Now, he's not
9:18
Speaker 2: a regular anti-Semite. He's a vicious anti-Semite. over-the-top, crazy anti-Semite.
9:25
Speaker 2: It's nothing to do, it's not even anti-Israel. This guy
9:28
Speaker 2: hates Jews, and he has said so publicly, and there's
9:33
Speaker 2: video of him screaming at Jews in a restaurant that
9:36
Speaker 2: Hitler was right and you should all be gassed. I'm
9:39
Speaker 2: not kidding, there's video of this. He was convicted in
9:42
Speaker 2: Paris for doing this in a restaurant. Hate crime conviction.
9:46
Speaker 2: You couldn't be a bigger anti-Semite. So Anna Wintour knew
9:52
Speaker 2: all this. It was all brought to her attention. She
9:55
Speaker 2: still made him the honoree at the gala. He's not
9:58
Speaker 2: the honoree. He withdrew yesterday. said he doesn't want to
10:00
Speaker 2: be a distraction. She's putting out statements, acting as if
10:06
Speaker 2: she deserves credit for doing the right thing. But more
10:09
Speaker 2: and more is coming out, and you're going to see
10:11
Speaker 2: more come out over the next few days, that apparently
10:14
Speaker 2: everybody involved in the museum, in the gala, in Condé
10:19
Speaker 2: Nast was distracted. going crazy telling her this guy's a
10:22
Speaker 2: vicious anti-Semite. All along, they were demanding she rethink her decision.
10:26
Speaker 2: She never did. So don't give her any credit. And
10:30
Speaker 2: apparently the only reason he withdrew and she made him
10:32
Speaker 2: withdraw is the pressure got too great from government, from politicians,
10:37
Speaker 2: from the city council speaker, Julie Mennon. And it turns out,
10:42
Speaker 2: and she should have thought of this, this Met Gala,
10:45
Speaker 2: it costs a fortune to go there. It used to be,
10:48
Speaker 2: you know, a couple thousand a ticket. Now it's a
10:49
Speaker 2: couple hundred thousand a ticket. Buy a table, it's half
10:53
Speaker 2: a million, it's a million. Well, who buys these tables? Big,
10:56
Speaker 2: big donors. Big, wealthy Manhattan donors. And she wasn't thinking
11:00
Speaker 2: about this. Many of them, a majority of them are Jewish.
11:04
Speaker 2: So apparently the big donors every year, not only to
11:07
Speaker 2: her silly Met Gala, but to the Metropolitan Museum where
11:12
Speaker 2: it's held, the major figures of the Metropolitan Museum apparently
11:15
Speaker 2: went nuts. And if you look at the Board of
11:18
Speaker 2: Directors Metropolitan Museum, these are massive donors who give millions
11:22
Speaker 2: to the museum, many of them Jewish. So they were
11:25
Speaker 2: going nuts that she would honor a vicious Nazi anti-Semite,
11:31
Speaker 2: a guy who stands in restaurants screaming, you should all
11:34
Speaker 2: be gassed. Hitler was right. I mean, who would honor
11:38
Speaker 2: a guy like this? Who would even know a guy
11:39
Speaker 2: like this? So expect Anna Wintour to be gone from
11:44
Speaker 2: this whole deal. And from Condé Nast. They've got to
11:47
Speaker 2: fire her. They've got no choice now. More and more people,
11:50
Speaker 2: whistleblowers are coming out saying she was well aware of
11:53
Speaker 2: all this. Everybody was screaming and yelling about it. And
11:57
Speaker 2: she's stuck with this guy. So expect her to be
11:58
Speaker 2: gone pretty soon. Putin, it turns out, is the one
12:06
Speaker 2: world leader supporting Iran. Putin has come out and made
12:10
Speaker 2: statements saying he backs Iran 100%. Putin and Trump have
12:15
Speaker 2: always been enemies. They have nothing to do with each other. Remember,
12:18
Speaker 2: they made up that whole fake Russian collusion. They make,
12:22
Speaker 2: as I said, they make up these narratives. Roy Cohen
12:24
Speaker 2: was his mentor. Fake story. Putin and Trump are collaborating.
12:29
Speaker 2: Putin hates Trump. And he's proving that today by backing Iran.
12:33
Speaker 2: He's putting out public statements how he's behind Iran 100 percent.
12:38
Speaker 2: The Iran war. You know, I don't mind this off
12:41
Speaker 2: on bomb the hell out of him for a week.
12:43
Speaker 2: and then strangle them economically for another few weeks. It
12:47
Speaker 2: could continue this way for a while. But they're getting
12:49
Speaker 2: close to the end.
12:50
Speaker 6: They don't really know. In my opinion, they don't know
12:52
Speaker 6: who the leader is.
12:54
Speaker 2: You have the... There's nobody in charge. The economy is crumbling.
12:57
Speaker 6: They're a failed nation. They've got 350% inflation. They have
13:03
Speaker 6: no currency. They're not paying their soldiers. Their leaders are
13:08
Speaker 6: largely dead. Their Navy is gone. Their Air Force is gone.
13:12
Speaker 4: Their.
13:14
Speaker 6: Surveillance equipment is almost entirely gone. That doesn't mean we
13:18
Speaker 6: won't smack them. Yeah.
13:21
Speaker 2: I mean, it's just going to get worse for them.
13:22
Speaker 4: No, no, no.
13:23
Speaker 2: The whole place will just collapse. Hey, you remember Maduro, Venezuela?
13:31
Speaker 2: Middle of the night, we go in, we capture Maduro
13:33
Speaker 2: in his pajamas, take him out of his bed. He's
13:35
Speaker 2: the president of the country with all his security. An
13:38
Speaker 2: amazing military operation. And we got him. But he's been
13:41
Speaker 2: in prison all this time. A long time. How long
13:45
Speaker 2: has it been? Like a year in jail? Most of
13:47
Speaker 2: the year in jail? So for the first time, he
13:50
Speaker 2: was seen publicly yesterday. They paraded him around. He looked great.
13:54
Speaker 2: He lost a lot of weight. Slimmed down. He was
13:58
Speaker 2: wearing a gray sweatsuit with white sneakers. You know, normally
14:02
Speaker 2: you look like a prisoner with the gray sweatsuit and
14:04
Speaker 2: the white sneakers. Now he looks like everybody in New York.
14:06
Speaker 2: That's all you see are sweatsuits and... Sneakers. Go out
14:10
Speaker 2: in the hall here. All you see are sweatsuits and
14:12
Speaker 2: sneakers everywhere on everybody. But he looked great. Some guys
14:16
Speaker 2: go to prison, they come out looking much better because
14:19
Speaker 2: they go in as a fat slob and they're in prison,
14:23
Speaker 2: in the prison gym. They're working out all day. They're
14:25
Speaker 2: eating crappy food and they slim down. So he looked
14:28
Speaker 2: pretty good. Hey, Jim Comey, James Comey, the sleazy, dirty
14:33
Speaker 2: FBI director, dirty cop James Comey, They're still investigating him.
14:38
Speaker 2: He's got another problem. You remember he was conspiring with
14:40
Speaker 2: this guy, Daniel Richman, who was a professor, I think
14:44
Speaker 2: at Columbia, who he was using to leak stuff to.
14:47
Speaker 2: He would leak it to Richman, who would leak it
14:49
Speaker 2: to the New York Times. Well, they've got a probe now.
14:54
Speaker 2: They're going to bring Richman before a grand jury. He's
14:58
Speaker 2: going to be in legal hot water. And will he
15:01
Speaker 2: go to jail? Will he do it now? He'll probably talk.
15:04
Speaker 2: He may testify against Comey. So the Comey stuff is
15:07
Speaker 2: not over. The noose is tightening around him. So we'll
15:12
Speaker 2: see what happens. Hey, we'll take some calls next. And
15:15
Speaker 2: if you haven't called before, call us. We always like
15:17
Speaker 2: new callers. 800-321-0710 is the number. We'll take some calls next.
15:21
Speaker 1: 800-321-0710.
15:28
Speaker 2: What's better than two hours of Mark Simone?
15:31
Speaker 4: Three.
15:32
Speaker 3: The Mark Simone Show.
15:33
Speaker 5: Now nine till noon weekdays.
15:37
Speaker 2: 710WOR. Hey, let's take some calls. 800-321-0710 is the number.
15:44
Speaker 2: Let's go to Marshall in Jacksonville, Florida. Marshall, how you doing?
15:50
Speaker 7: I'm doing good, Mark. Mark, I really enjoy your show,
15:52
Speaker 7: and I thank you for all that you bring to
15:54
Speaker 7: the airwaves. I know that you had a relationship with
15:57
Speaker 7: Don Imus. I'm wondering why, since the passing of Don Imus,
16:01
Speaker 7: there's been no book, there's been no documentary, there's been
16:05
Speaker 7: no miniseries, nothing. Do you have any word on why
16:08
Speaker 7: that's the case?
16:11
Speaker 2: That's a good question. Well, Don Imus wrote a couple
16:14
Speaker 2: books himself. There has been a book or two about
16:18
Speaker 2: Imus written, but not in recent years. Well, to do
16:23
Speaker 2: a documentary, you'd have to find people to say nice
16:26
Speaker 2: things about him.
16:29
Speaker 7: You remember when he left, he said he was going
16:30
Speaker 7: away to write his autobiography, and then not very long
16:33
Speaker 7: after that, he passed. And I wonder if there were
16:35
Speaker 7: a lot of nondisclosure agreements out there, because there's been... No.
16:40
Speaker 2: I mean, listen, we all loved Imus, and he was
16:42
Speaker 2: a great, great pioneer. He was the first shock jock,
16:45
Speaker 2: and he changed radio, and we all copied him like crazy.
16:49
Speaker 2: But it could be difficult to be around. He would...
16:53
Speaker 2: pull a gun on people off the air. He would
16:55
Speaker 2: yell and scream and, uh, carry on. Uh, it wasn't easy.
17:01
Speaker 2: I'm editing. Well, I'm leaving out stuff here.
17:04
Speaker 7: I can tell you're editing. Well, I sure appreciate that.
17:07
Speaker 7: I'll tell you the good thing.
17:10
Speaker 2: Go on YouTube and just type. I miss a million videos.
17:13
Speaker 2: We'll come up. You can watch a million of his shows.
17:16
Speaker 2: You can see lots of stuff with IMS. Just go
17:18
Speaker 2: on YouTube and, uh, and, and watch him there. Uh, Yeah,
17:23
Speaker 2: we miss him. No, I luckily didn't have to be
17:28
Speaker 2: around him too much because I was always filling in
17:31
Speaker 2: for him. I used to fill in for him. He
17:33
Speaker 2: used to get a lot of vacation. Like 10 weeks
17:35
Speaker 2: a year, I'd fill in for him. And there was,
17:39
Speaker 2: of course, Charles McCord, who I don't think Charles would
17:41
Speaker 2: be on the documentary either. And there was Rob Bartlett
17:46
Speaker 2: and all those people. Dagan McDowell, who you can watch
17:49
Speaker 2: on Fox Business now. Let's go to Tony in Manhattan. Tony,
17:54
Speaker 2: how you doing?
17:55
Speaker 8: I'm doing fine. Thank you, my friend. This is the
17:58
Speaker 8: second time I call you.
17:59
Speaker 9: Yes.
18:00
Speaker 8: And I enjoy your show for a long time. You
18:04
Speaker 8: took over from Geraldo.
18:06
Speaker 2: I took over for who?
18:09
Speaker 8: Geraldo.
18:10
Speaker 2: Oh, Geraldo Rivera. Yeah. I took over for him 10
18:13
Speaker 2: to noon.
18:15
Speaker 8: And I told my wife that, I took.
18:19
Speaker 2: Over for Geraldo? I don't even remember that. I used
18:22
Speaker 2: to work with him. I don't think I took over
18:24
Speaker 2: for him.
18:25
Speaker 8: I remember that Geraldo used to have a show, then
18:28
Speaker 8: he left, right? And then I started listening to you, Maximon,
18:32
Speaker 8: and believing you are a one-man show. Maybe my accent
18:36
Speaker 8: is not that good. We love your accent.
18:37
Speaker 2: Where are you from?
18:38
Speaker 8: I am from Puerto Rico.
18:41
Speaker 2: Oh, no, we love your accent. It's a great accent.
18:43
Speaker 2: You sound like a very nice man. What do you
18:45
Speaker 2: do for a living, Tony?
18:48
Speaker 8: I used to. I used to work in Kifu supermarket,
18:52
Speaker 8: and I started as a porter, as a porter, and
18:55
Speaker 8: I finished as a manager, and then I have retinitis pigmentosa.
19:00
Speaker 8: You find it, retinitis pigmentosa from my mother. I have
19:05
Speaker 8: a good talent to be a businessman, but I was
19:08
Speaker 8: losing it slowly and slowly.
19:10
Speaker 2: Well, you sound like a nice guy, Tony. Now, let
19:11
Speaker 2: me ask you a question. Whenever I'm in the supermarket,
19:14
Speaker 2: You see all these cashiers, but there's always one older guy.
19:17
Speaker 2: He's clearly the manager, and he always looks totally frazzled.
19:21
Speaker 2: He looks like it's the roughest job in the world.
19:24
Speaker 2: He looks like it's nothing but trouble running a supermarket.
19:27
Speaker 8: Because when I came to New York, I went to
19:30
Speaker 8: the gym, YMCA, then I become a powerlifter, and I
19:36
Speaker 8: went around the world. I have a triple crown. I
19:39
Speaker 8: won in Europe.
19:40
Speaker 6: Wow.
19:44
Speaker 8: I will tell you a story. If you can take it, listen.
19:48
Speaker 8: Tony Melendez. powerlifting. The story of Tony Melendez. Tony Melendez powerlifting.
19:56
Speaker 2: Okay, well, we'll all Google it and look it up
19:58
Speaker 2: and read your story.
19:59
Speaker 8: You know why I want that? Because I am a
20:01
Speaker 8: motivational speaker coming from Puerto Rico with asthma.
20:05
Speaker 2: Tony, you sound like a great guy. Proud to have
20:09
Speaker 2: you in the audience. Thanks for listening. Call us again.
20:13
Speaker 2: Let's go to Philip in Connecticut. Philip, how are you doing?
20:18
Speaker 4: Hi, Mark.
20:19
Speaker 10: I'm doing great. Just a quick question, comment about the
20:23
Speaker 10: Supreme Court decision to recognize citizenship for or anybody born in,
20:29
Speaker 10: you know, the United States. What do you think about
20:32
Speaker 10: the idea that red states regulate the issuance of birth
20:37
Speaker 10: certificates the way that blue states regulate the issuance of
20:41
Speaker 10: gun permits? You know, you can't even buy a gun
20:43
Speaker 10: in some blue states.
20:45
Speaker 2: You know? That's true.
20:46
Speaker 10: With background checks and all that.
20:49
Speaker 2: Well, as you always argue, they should do what the
20:51
Speaker 2: Democrats do, fight back that way. But you don't want
20:53
Speaker 2: to become like them. Hey, where are you in Connecticut?
20:59
Speaker 10: Right now, I'm actually in Greenwich.
21:01
Speaker 2: Uh-oh, where are you going?
21:02
Speaker 10: I'm heading to a health club to work out.
21:06
Speaker 2: I got it. You're making a house call. All right,
21:08
Speaker 2: we won't pry any further.
21:10
Speaker 10: Yeah.
21:10
Speaker 2: Good for you.
21:11
Speaker 7: Thanks, Mark.
21:12
Speaker 2: All right, take care. Let's go to Jerry in Smithtown. Jerry,
21:19
Speaker 2: how are you doing?
21:21
Speaker 5: I'm doing fine. I wanted to bring out the fact that.
21:27
Speaker 5: Brackman should bring out who? Hochul giving free medical attention
21:35
Speaker 5: to prostitutes.
21:36
Speaker 4: Yeah.
21:37
Speaker 5: This is tantamount to approving prostitution.
21:40
Speaker 4: All right.
21:41
Speaker 2: This may be an issue that affects you personally, so
21:44
Speaker 2: we understand your concern here. But I'm kidding. I'm kidding.
21:50
Speaker 5: They're already on Medicaid. Most of them are on welfare.
21:54
Speaker 2: Well, that's true. A lot of these prostitutes make a
21:56
Speaker 2: lot of money. They can afford medical care. Hey, you're
21:59
Speaker 2: in Smithtown. You ever go to that new restaurant, the Chaz?
22:01
Speaker 2: Great restaurant?
22:04
Speaker 5: I'm fully familiar with it.
22:06
Speaker 2: Oh, I see.
22:07
Speaker 4: All right.
22:07
Speaker 2: You're one of those guys at the bar when hitting
22:09
Speaker 2: on those women there, huh?
22:12
Speaker 5: You got it. Oh, okay.
22:14
Speaker 2: All right. That's a very good question.
22:15
Speaker 5: And I really enjoy your show. It's a great.
22:23
Speaker 5: Island of sense and good Americans.
22:28
Speaker 2: Oh, when we come back, the brilliant writer, nobody better
22:32
Speaker 2: on the economy, on the Fed. Now, how is the
22:38
Speaker 2: economy of this country right now? If you're watching the
22:41
Speaker 2: fake news, I'll convince you it's a terrible economy. What's
22:45
Speaker 2: the real truth? We'll get to that coming up next.
22:49
Speaker 2: John Carney will be with us. Bill O'Reilly's away. He's
22:52
Speaker 2: on vacation.
22:54
Speaker 8: Welcome back to The Mark Simone Show.
22:57
Speaker 4: 710WOR. Well, we bring.
23:02
Speaker 2: You the smartest people around. John Carney, the great business writer.
23:07
Speaker 2: In fact, you got to sign up and subscribe to
23:11
Speaker 2: the Breitbart Business Digest. He puts that together every day.
23:15
Speaker 2: It's the first thing Larry Kudlow says he reads in
23:17
Speaker 2: the morning. Scott Besant has said the same thing. It's free.
23:21
Speaker 2: It'll come right to your email. Just go to Breitbart.com
23:23
Speaker 2: and where it says newsletters, sign up for the Breitbart
23:27
Speaker 2: Business Digest and you'll get it. John Carney, how are
23:30
Speaker 2: you doing?
23:32
Speaker 4: Doing very well, Mark. Thanks for having me on.
23:34
Speaker 2: Always great to have you. Explain this G20. Scott Besson
23:39
Speaker 2: is speaking there. Our friend Larry Kudlow is there right now.
23:41
Speaker 2: What goes on at this G20?
23:43
Speaker 4: That's a great question. So it is a meeting of
23:48
Speaker 4: the finance ministers and central bankers of the biggest 20
23:55
Speaker 4: economies in the world, the big developed economies. It's actually
24:00
Speaker 4: a little bit of a misnomer. I understand they actually
24:03
Speaker 4: have 25 countries there, but they all get together and
24:11
Speaker 4: talk about what they think is working for their economy,
24:15
Speaker 4: what they think isn't. This one is particularly interesting. Because
24:21
Speaker 4: basically we have team Trump there and the rest and part,
24:25
Speaker 4: some of the governments around the world, Japan are, are on,
24:29
Speaker 4: I'll call them also on team Trump. While a lot
24:32
Speaker 4: of the other governments are sort of have become, they,
24:35
Speaker 4: they hate Donald Trump a lot and they sort of
24:39
Speaker 4: hate America. Uh, so there's a little bit of a
24:42
Speaker 4: contest there between, you know, our guys trying to say, Hey, look,
24:48
Speaker 4: our economy is actually doing pretty well. Your economy is struggling.
24:52
Speaker 4: Maybe you should stop being so angry at us and
24:55
Speaker 4: start paying attention to what we're doing and getting with
24:58
Speaker 4: the program.
24:59
Speaker 2: Well, maybe they're watching CNN or MSNBC and all they
25:04
Speaker 2: hear is our economy is in shambles, which is just
25:06
Speaker 2: once again, I know I always ask you this, but
25:09
Speaker 2: if you follow the fake news, our economy is a disaster.
25:13
Speaker 2: What's the truth?
25:15
Speaker 9: Yeah, the economy is actually doing very well.
25:18
Speaker 4: We actually got some really Pretty great news in this morning,
25:23
Speaker 4: job openings, which is how many jobs employers have put
25:31
Speaker 4: out help wanted signs. We don't really put out that
25:34
Speaker 4: many help wanted signs anymore. It's mostly digital, but they're
25:37
Speaker 4: looking to hire fill spots. So the vacant jobs went
25:41
Speaker 4: up from around 7.2 million to 7.3 million. In manufacturing
25:49
Speaker 4: in particular, we saw a very big boost from around
25:55
Speaker 4: 501,000 to 580,000 job openings. In durable goods, which is
26:01
Speaker 4: like core manufacturing, making stuff that's going to last three
26:05
Speaker 4: months or more, it went from 353,000 to 429,000. That's
26:08
Speaker 4: a really good month. And we're up a lot from
26:16
Speaker 4: a year ago.
26:17
Speaker 9: A year ago, it was only 255,000.
26:18
Speaker 4: So in other words, durable goods manufacturing is booming. If anything,
26:27
Speaker 4: they killed enough people. The actual higher number actually fell
26:34
Speaker 4: a bit, in part because June was really strong for hiring.
26:38
Speaker 4: But one of the things we're seeing is the economy
26:40
Speaker 4: is doing so well that employers are one of their
26:46
Speaker 4: big problems is just trying to find enough people. They
26:50
Speaker 4: have to compete with each other. When you have a
26:54
Speaker 4: high unemployment rate or a very rapidly growing labor force,
27:00
Speaker 4: and usually if you have one, you've got the other,
27:03
Speaker 4: then you'll see hires going up across every sector. Right now,
27:11
Speaker 4: If one sector, manufacturing, hires a bunch of people, they're
27:15
Speaker 4: probably actually coming out of the other sector. That's good.
27:19
Speaker 4: That actually is good for workers because what it means is.
27:23
Speaker 9: That you're getting better pay, better benefits, a.
27:26
Speaker 4: Better deal, right? People don't move jobs because to get
27:32
Speaker 4: a worse job, they tend to move jobs to get
27:34
Speaker 4: a better job. So having employers have to compete for
27:38
Speaker 4: workers is exactly what you want.
27:42
Speaker 2: Hey, so as AI takes over slowly but surely, we're
27:45
Speaker 2: not seeing it cause unemployment. In fact, aren't we seeing
27:48
Speaker 2: the opposite?
27:49
Speaker 4: Oh, that's right. AI, there's not really any sign of
27:57
Speaker 4: a big downturn in AI. I look through even information technology,
28:05
Speaker 4: which is a lot of people said, well, maybe a
28:07
Speaker 4: lot of the programmers will lose their job to AI
28:10
Speaker 4: and all. They're actually looking to hire in July, they
28:18
Speaker 4: were looking to hire 96,000 workers, which was more than
28:22
Speaker 4: the previous month up from 89,000. So we're not seeing
28:26
Speaker 4: AI displacement there. We're not seeing in finance also 401,000 openings.
28:33
Speaker 4: So we're not seeing AI displacement there. There's just not
28:40
Speaker 4: a lot of signs of that.
28:41
Speaker 9: Now, maybe that'll come, right?
28:44
Speaker 4: We're in the build-out phase of AI, and I think
28:49
Speaker 4: some of the manufacturing hiring that's been going on is
28:53
Speaker 4: actually hiring people to help us build data centers, to
28:57
Speaker 4: help us build the materials that go into data centers.
29:01
Speaker 4: But it's broader than that. It's not just AI. We're
29:03
Speaker 4: actually seeing a broad expansion. Maybe, you know, years down,
29:08
Speaker 4: years from now, we will see, you know, productivity get
29:11
Speaker 4: so good that employers can start cutting back on some
29:14
Speaker 4: of their workforce. We're definitely not seeing that in the
29:17
Speaker 4: numbers right now.
29:18
Speaker 2: Oh, that's good. Hey, John Carney, Kevin Warsh, the Fed,
29:23
Speaker 2: hinting at the possible rate increase. Now, there are a
29:26
Speaker 2: lot of people out there when they hear rate increase, well,
29:28
Speaker 2: it's going to mortgage rates are going to go up.
29:31
Speaker 2: That's not the truth, is it?
29:33
Speaker 4: No, it's not necessarily the truth, because the Fed actually only,
29:37
Speaker 4: when they hikes, it affects the very short term rates. Um,
29:41
Speaker 4: the longterm rates have actually already gone up a little
29:45
Speaker 4: bit and that's what mortgages are based on. They're basically
29:47
Speaker 4: based on the 10 year treasury. Um, in part because
29:52
Speaker 4: if you are an investor, you can buy a, uh,
29:56
Speaker 4: mortgage backed security, uh, Yes, I know we had a
29:59
Speaker 4: financial crisis and we had a lot of problems with
30:01
Speaker 4: mortgage-backed securities, but they're typically actually a pretty– particularly when
30:06
Speaker 4: they are backed by Fannie Mae and Freddie Mac, which
30:08
Speaker 4: are government-controlled agencies, they are pretty safe investments. when people
30:16
Speaker 4: are going to buy a mortgage-backed security, which then actually
30:21
Speaker 4: helps keep down mortgage rates, they look to what the
30:23
Speaker 4: treasury rate is because that's the safest thing you could
30:26
Speaker 4: possibly buy. So we're seeing long-term treasury rates have gone
30:29
Speaker 4: up a little, but if the Fed hikes, the long-term
30:32
Speaker 4: rates won't necessarily go up further. They may actually come
30:36
Speaker 4: down a little bit because people will be less worried
30:41
Speaker 4: about inflation and hikes later on. So the idea is
30:44
Speaker 4: If you hike a little bit now, maybe you don't
30:47
Speaker 4: have to hike as much if inflation gets bad. Remember,
30:51
Speaker 4: when the Fed hiked a lot, like all at once
30:54
Speaker 4: back in 2022, that was because they let inflation get
30:59
Speaker 4: out of control. If you keep a lid on inflation,
31:02
Speaker 4: you actually don't need as many hikes.
31:03
Speaker 2: Wow. That's fascinating. So, hey, we only got a minute left.
31:07
Speaker 2: The president meets with the heads of the oil companies
31:09
Speaker 2: this afternoon. What should he tell them about prices?
31:14
Speaker 4: Yeah, well, so he wants them to really ramp up production.
31:19
Speaker 4: The problem is, and normally that's what they do when
31:25
Speaker 4: prices go up, right?
31:26
Speaker 9: They ramp up production and.
31:27
Speaker 4: Then that brings down prices. The problem is, because everybody
31:32
Speaker 4: knows that we have plenty of oil supply, they're hesitant
31:36
Speaker 4: to ramp up production because they say, well, look, If
31:39
Speaker 4: we increase production a lot, but then you solve the problem.
31:43
Speaker 9: In the Strait of Hormuz, the price of oil is
31:45
Speaker 9: going to.
31:45
Speaker 4: Crash and we'll have a glut. So he's going to
31:50
Speaker 4: have to debate with them over what to do about this.
31:53
Speaker 4: They're going to have to tell him, Mr. President, if
31:58
Speaker 4: we drill a bunch of new holes and we need
32:01
Speaker 4: oil to be $ 70 a barrel for that one to
32:04
Speaker 4: make money, but you've solved the problem in Iran- We
32:08
Speaker 4: could lose money on these things. So that's what's holding
32:10
Speaker 4: it back. It's unfortunate when you get a temporary.
32:13
Speaker 9: Rise like this, it means that supply doesn't necessarily expand
32:18
Speaker 9: to meet it.
32:18
Speaker 2: Well, great stuff, John Carney. Great as always. Now, you
32:22
Speaker 2: should subscribe to the Breitbart Business Digest. It's the smartest
32:28
Speaker 2: thing you can read every day when it comes to
32:29
Speaker 2: this stuff. And just go to Breitbart.com where it says newsletters.
32:34
Speaker 2: Click on that. And then click on Breitbart Business Digest.
32:37
Speaker 2: Sign up. It's free. It comes to your email every day.
32:41
Speaker 2: John Carney, keep up the good work. We'll talk to
32:43
Speaker 2: you again soon.
32:44
Speaker 4: Thanks a lot for having me, Mark. All right.
32:47
Speaker 2: Take care. Hey, coming up at noon, we've got Buck
32:51
Speaker 2: and Clay. They do a wonderful show every day, 12 noon. Now,
32:55
Speaker 2: of course, at 3 o'clock, we've got Sean Hannity, the
32:59
Speaker 2: most listened to radio show in America. And don't forget,
33:02
Speaker 2: I'm now here at 9 o'clock, so this show is
33:04
Speaker 2: now three hours. It's now 9 to noon every day.
33:07
Speaker 2: And then, of course, in the morning, you got Curtis
33:10
Speaker 2: Lewa and Larry Menti, 6 to 9 on 710WOR. What's
33:16
Speaker 2: better than two hours of Mark Simone?
33:19
Speaker 4: One hour. Three.
33:20
Speaker 2: The Mark Simone Show. Now 9 till noon weekdays.
33:24
Speaker 4: 710WOR.
33:25
Speaker 2: I hate to break it to you. It's the first
33:31
Speaker 2: day of September. Somehow it is already September. I'm afraid so.
33:36
Speaker 2: And it's Labor Day weekend. We're heading into it. Now,
33:39
Speaker 2: it's going to be a rainy day today. Rain tomorrow.
33:43
Speaker 2: Tomorrow's Wednesday. Thursday will be rain. The good news is
33:46
Speaker 2: when the weekend begins, Friday, Saturday, Sunday, and Monday. It's
33:50
Speaker 2: a three-day weekend. Friday, Saturday, Sunday, Monday should be dry
33:55
Speaker 2: and sunny. So you've got a couple of days of rain.
33:58
Speaker 2: Then you've got a great Labor Day weekend coming up. Hey,
34:02
Speaker 2: other good news.
34:03
Speaker 4: Ice.
34:04
Speaker 2: They had a big Operation Rotten Apple. They were operating
34:07
Speaker 2: here in New York. They just arrested 2,000 illegal migrants
34:12
Speaker 2: all across New York, including a lot of child rapists, killers,
34:16
Speaker 2: criminals of all kinds. 2,000 of them have been arrested. Now,
34:21
Speaker 2: this helps bring down the crime rate because you're taking
34:25
Speaker 2: dangerous criminals off the street. Thanks to ICE for doing that. Hey,
34:29
Speaker 2: we're out of time. Don't forget the show's three hours now.
34:33
Speaker 2: Starts at 9 a.m., 9 a.m. till noon, every day,
34:37
Speaker 2: 9 to noon. If you're a podcast listener, well, you
34:39
Speaker 2: get an extra hour every day. So I'll be back
34:43
Speaker 2: tomorrow at 9. Hope you can join us then, 9
34:46
Speaker 2: o'clock tomorrow morning. I'll talk to you then, right here
34:49
Speaker 2: on 710WOR.