04-10-26 Part One - The State of the Economy

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He is Red Eye Radio. We're Red Eye Radio, he is Eric Hurley and I'm Gary McNamara, good morning. Just very briefly, now there's a lot of economic news out there, you know inflation

numbers, supposed to come out later on today, but the one thing that you and I have always

said that when they, when they revised the, how they did the GDP, what was it maybe 13, 14 years ago, and more of it was, you know, money flowing instead of actual, actually durable goods and services being produced by the economy, right. And one of the things we talked about was the way that how much government spending affects a GDP and government spending is not at all what really should be driving, it doesn't

drive economic growth, what drives economic growth is the, is the production and the private sector of durable of goods and services. That's what does it. Yeah.

“And so when, when I saw that, I think it was national review that had it, they were talking”

about, okay, I'll give you that because they revised the GDP for the fourth quarter of last

year from, what was it, 1.4% to 0.7% and they cut it in half. And they said, and, and the, the point was, it's like, well, it will take in a consideration that the government was shut down. Well, if you're saying that the government was shut down for what was it, month and a half, maybe, yeah, for half of that, and the GDP is cut in half, and that makes our point, that,

it makes our exact point that government's spending the way that they do it, we, we, we judge the success of the economy on the, on the, on the GDP, and then when the government shuts down for a little bit, and GDP just crashes for that particular quarter, we go way up, but do you got to understand government spending was around? We had more government spending, the GDP would go up.

Yeah. Nobody ever talks about the fact that's not what drives an economy. It's the production of services and goods in the private sector. That's what does it. It's, you know, it's, and services is everything, you know, services is everything from,

as we talked about banking to, you know, companies that, you know, even retail companies

“expanding, whatever doing that's what, that's what drives the economy.”

And so I just wanted to, not that I wanted to take the whole show and do it, but it was just something that you and I've just been screaming about for years that seems nobody in the economic world ever really talks about. Well, if they don't, if they, and they didn't back then when the change happened, I mean, there was some discussion that didn't last very long, but it, it's, we're not talking

about productivity. The government doesn't produce anything, right? And the government money going to producers, even contractors, or Lockheed Martin, or whoever it is, that is, while Lockheed Martin may directly benefit from it, let's look at the effect on the actual economy because that is not, that's government, that's money

being moved around. Well, the military building, for example, because you mentioned a military contract, what

you're talking about is you produce a, you're producing a product that is basically

the cost of doing business. It's necessary to do that. Yes. And there's a lot of things in our life, as we know, that is just the cost of, of, of, of doing business.

Right. You know, in order for us to, you know, to do the things that we do every day. But when you produce, for example, I'll just say a jet fighter. The end jet fighter does not increase the same way. Because, for example, if you have a, if you have a strong military, you can make the case

of you have a strong military, we can continue with the free markets where if we didn't have the military, we can be taken over by dictators. And then the economy would be gone. And therefore, you could make that particular case. The case we're making is in the, in the economic free market world that the production

of that jet once it's completed is not the same as completing a piece of machinery that goes into a factory that produces and expands the number of products that are being sold. Right. It is not a true expansion of the economy. It is part of the necessary role the cost of doing business as we put it.

You know, and it's, and, you know, then they got into changing, well, also if, if companies

So we're going to invest in the second plant.

“Well, all right, there is some money there that is, they're planning for expansion.”

And they believe the demand is such that over the next, whatever, 510, 20 years, that there's going to be an increase for demand in demand for their product. And we can have that discussion.

It doesn't always come to fruition because they've got to hire contractors to build the

building, to make the machines, to do everything else. There's, you know, there's multiple companies, a whole list of companies who get back to the economy of a pencil from Milton Friedman that are involved there. And that's a very intriguing part of that. But when you're talking about government spending, it's like in any business.

There are departments that don't produce anything. One of them is payroll. Payroll those, the cost of doing business. Exactly. And, and part of that, though, DEI, and I know payroll professionals, I have a couple of

them in my family that are, that are actual experts.

“They are, are relied upon and used as consultants.”

They work for massive companies. And they have experience in, and what they do in payroll. What you're looking to do is be compliant, of course, with the, whatever the pay laws in each state. Oh, my gosh.

New York, California, New York City, all of these things they have to make sure the company is compliant with all of those things. And, and they also can, if they're doing the job right, if the people in those roles are doing the job right, they can create greater efficiencies. But the department itself isn't producing.

It's not like a sales department that's out there producing. But one point I wanted to make when you talked about the fact of, for example, when you take capital and you put it to make a building, which is eventually going to produce a product that makes a profit. Yeah.

That's the difference because this works get really complicated because it's not that, that capital isn't being used for productive purposes to build that factory. Right. But is the economic, is the economic impact of that, the greatest then or once the company starts producing the product and selling it and the economic impact is much greater over

a, you know, 10-year period because you made borrow the money. Yeah. Yes. You know, you made borrow and finance the money and then everything becomes a big risk for that company at that point.

Right. It becomes a big risk. It becomes a risk for the bank. Right. Or whatever.

That's the next one that gets that company until that, that is square away. But it does have an economic impact in that other, that people are employed and when people are employed and they gain wealth and they spend it. But it's all based on the fact that down the line, that company will be producing a profit because of the expansion of wealth.

And so the question is always asked, hope this isn't getting too complicated.

But our favorite topic. Oh, yeah. All we says just so you know, our favorite because people ask me all the time, you do a political talk show and I went, yeah, I said, but we like talking economics the most.

That's the second out of my mouth all the time. Well, because there's so much great opportunity for everybody and I still believe right now that we as a nation, everybody's talking about how AI is going to just, you know, really, there's going to be this cliff of end from AI. I mean, one article took the market down like several hundred points and it was like

hold on a second. It was just a scenario with theory by one person.

“But what we look at, I believe, and you know, it is maybe a glass half full kind of perspective,”

but I believe there's greater opportunity in the infrastructure that it's going to, in my grow has talked about this. The infrastructure that's going to be required to be built and maintained the energy that's going to be required for data centers and all of that long term, we're going to be doing different jobs.

But they will be, I believe there will be plentiful jobs. You know, the one thing about investing ahead of demand, that's the problem. You, when you invest, when you spend ahead of demand, one thing we can point to is these green companies and they were spending, of course, because they were getting a lot of government money to do so, but also the EV companies said we're taking the orders and

not delivering on the orders Tesla in their early days was one of those companies. And it was okay, yeah, but we expect to start producing, because here you've got to put

your money basically in and that's, you know, it's not like they were borrowing all of

that money, but there was government money that was going into it, but if you leverage

especially on a, on new innovation and you haven't been able to really gauge demand, you're just kind of guessing whatever your outlook is going to be. And that becomes the, the question I have about, including that kind of investment in GDP.

>> When we talk, you know, for example, first of the private sector, then government spending,

because some government spending can have a positive economic output, for example, I'll just give you the quick example there, when you created the interstate, yeah, when you created the interstate and they were able to move, it increased the productivity of transportation, yeah, across the board, yeah, when the interstate was there, but when you take government spending, but that's a rare thing that government does, you build the interstances to

you build at once and then you, you maintain it, except in Texas where we're still building it all the time. >> So it's expanding like crazy, you know, in order to keep up with the, the population of growth, but as you just mentioned, when you take government money and you subsidize a company that is producing a profit, the excuse me, that is producing a product that cannot make a profit without the government subsidies,

that is not, and the Democrats, that shows the great economy that's being produced, no,

that's a drag on the economy.

>> Yeah, it's the exact opposite. You cannot make an economy better by subsidizing an industry that cannot make a profit without that subsidy. >> Right. >> You know, it doesn't work that way.

If it's, if it's stockholders and that capital is helping it make a profit, yes, but then they get a return back on the investment because of the expansion of wealth, right? >> Right. >> Like their champion expansion of wealth, if you're producing a product that you can't sell for a profit without the government subsidies, like EV companies.

“If you want to, if individuals are saying, okay, I'm willing to give you 75,000 in weight”

from my car to be delivered a, you know, a year and a half an hour whenever it's going to be made, if that's the play and you're doing that, that's one thing. Now, if you're leveraging, if you're borrowing that money, you've created great risk. If it's government money going into it again, it depletes it, you mentioned the building of the interstate system, which came from the young mind of Harvey Firestone, Firestone

tires, ship by truck as what he saw, they were doing in wartime and he said, if we could build roads, imagine we could build roads, main roads, you know, in the United States where we could build a system of roads, then we could ship great amounts of things and that's really where that idea came from. He was one of the early mines and pioneered pioneers of that idea and then eventually the

interstate system got built. And as you mentioned, it creates greater efficiencies, greater freedoms, but in terms of adding to the economy. If you're saying, all right, we can build better roads in terms of, let's make sure we have enough capacity on the roads or enough roads to handle the capacity so that people aren't

sitting in traffic being less productive. That's right, they're at work being productive and you can make that case. There are two things. I want to make sure I throw the oven because you're talking about productivity, so as I would the interstate.

Two things that really, in my opinion, drive an economy, they're production of goods and services and making a legitimate profit on that, which we do all the time otherwise our dollar would be worth nothing and the increase in productivity, of making those goods

“and services that's what drives an economy.”

Now, the other point would be the dot com bubble, the dot com bubble that had a ton of capital that they threw in.

There was never a return on the investment, the profits weren't there, but all that investment

in money was viewed by the GDP as economic growth. And so you had, we've got great economic growth going here because of the, because of the, you know, the, the dot com boom, but you had capital being invested, you didn't have profits being made exactly. That is the flaw.

So I just wanted to bring that up, but I know we didn't even discuss it in our pre-show meeting, but I was just, I was just, with the, with the, with the 0.7 downgrade in the GDP for the last quarter of last year and they're like, well, that's because, obviously, because the government was closed down for about half of that, uh, of that three months. And therefore, the GDP crashed 50%.

Right. Well, that's a huge problem.

“That's what we've been talking about for years.”

That's a huge problem. You don't judge the economy by government spending. Exactly. And, and yet here we are, you know, and it's just, it's because, again, I believe there's great opportunity out there.

The government has to get out of the way of opportunity. The administration has in many ways through deregulation, through going in and, and fixing

that that robbed, uh, business robbed the economy, uh, over and over again. It limited growth for no reason, no science, no data, really. They just did it because they said it was true. And it was part of an agenda to control to throttle production by companies. The left wants that because they need the private sector to fail so they can step in with

more spending and eventually not just control of the capital, but control of the means of production and that is full on communism. And if you have any questions, go talk to mom Donnie. He might fill you in or burning. These are people that believe in that kind of thing.

Burning. We've got too many deodorants on the shelf. You've got too many choices in the city, you know, and, and he believes in a system where the government decides and what you need. I really don't like to, you know, name call.

I really don't. But some some of the stuff is so elementary school. Right.

It's, it's kindergarten first grade emotion will deal with these days.

Right. It's just like, wow. You know, where the energy capital of the world and we should act as such. We should be producing like crazy right now and the government should be getting out of the way.

I'm grateful this administration sees that to a large extent and we'll see what happens with terrorists in the next few months, but something's going to happen one way or the other probably through the courts. But I do believe there's going to be a massive expansion going forward.

“I think there's, there's lots of opportunity in the future.”

Oh, in the United States. Yeah. Oh, yeah. I think the, I think the future is, well, the future is bright because we've gotten so

many people that believe that socialism works and the problem is, it doesn't.

Yeah. And it's being proven that doesn't. And when it doesn't, you go back to more free markets. Yep. There's always had, you have it.

I've been flowed. We had it in the, in the 30s. Yep. So we know that. I mean, social, this isn't the first time that socialism has appeared in the United

States. Right. We are right.

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Here when I radio, he is currently non-hearing McNamara, all right. The ceasefire will get to that. Well, the president, shall I say, was active on social media yesterday. He was. A couple of points that he made that we have made and we'll get to those here in a minute.

But he called people out by name and it's something that we've talked about.

First of all, this notion that was put out there by a bunch of people that was wrong

from the beginning that he was an isolationist, you know, we can start there, but there's so much more to talk about on that and we're going to do that in just a few. Hey there, I'm Paula Pan, I help people make the smartest money decisions possible. You're not ever worried about your salary. You need enough to make sure that you don't in a bad financial position.

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Reddy. I radio. And I'm Gary McNamara, along with Eric Carly coming up in just a minute and a half. What did the president have to say yesterday's some interesting true social posts on the way?

There's a lot to break down on that. We're going to unpack a lot coming up. You know, when it comes to supplements, there are two things that I look for and I know matter most to you.

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Or just 19.95. All right. You're ready? Okay. This is true social post.

All right.

“It's a couple of paragraphs, but when I've read it, I had to look to make sure it wasn't”

the Babylon being. I'm like, wow. Because he has finally said, okay, I'm cutting these people free. I'm cutting these people. Yes, not free.

I'm cutting them loose. Right. And so I had to make sure. But here it is. I know I know why this is what the president wrote yesterday on true social.

I know why Tucker Carlson, Megan Kelly, Candice Owen, and Alex Jones have been fighting me for years, especially by the fact that they think it is wonderful for a ran. The number one state sponsor of terror to have a nuclear weapon. Because they have one thing in common, low IQs. They're stupid people.

They know it. Their families know it. That's what got me. I lost it at that point. It's like they know it.

They know it. Their families know it. And everyone else knows it too. Look at their past. Look at their record.

They don't have what it takes and they never did.

They've all been thrown off television. Lost their shows and aren't even invited on TV because nobody cares about them. They're nut jobs, troublemakers, and we'll say anything necessary for some free and cheap publicity. Now they think they can get some clicks because they have their third rate podcast.

But nobody's talking about them and their views are the opposite of MAGA, or I wouldn't have won the presidential election in a landslide. MAGA agrees with me. Sort of what we've all we said, MAGA agrees with me and just gave CNN a 100% approval rating of Trump, not hand flailing fools like Tucker Carlson who couldn't even finish

college. He was a broken man when he got fired by Fox and he's never been the same. Perhaps he should see a good psychiatrist, or Megan Kelly, who's who nastily asked me then I'll famous only Rosio Donald question or crazy Candace Owen who accuses the highly respected First Lady of France, a being a man.

When she is not, and will hopefully win lots of money in the ongoing lawsuit, actually to me, the First Lady of France is far more of a beautiful woman than Candace. In fact, it's not even close or bankrupt Alex Jones who says some of the dumbest things and lost his entire fortune as he should have for his horrendous attack on the families of the Sandy Hook shooting victims ridiculously claiming it was a hoax.

These so-called pundits are losers and they always will be.

Now fake news CNN, the flailing New York Times and all the other radical left news organizations are hailing them and giving them positive press for the first time in years. They are not mega. They are losers just trying to latch on to mega as president.

calls because I'm too busy on world and country affairs, except to write this. And after a few times, they go nasty, just like Marjorie Trader Brown. But I no longer care about that stuff. Well, yeah you do. I only care about just a little.

I only care about doing right for the country. Mega is about winning and strength and not allowing Iran to have a nuclear weapon. Mega is about making America great again and these people have no idea how to do that, but I do because the United States is now the hottest country anywhere in the world, president Donald J. Trump.

Now we want to thank the president for listening to about our radio. Because in that one point that he makes, they think, you know, they're not mega. Their losers just trying to latch on to mega. This is something we pointed out that in the social media influencer world, you know, when they've left, whatever, gotten fired from wherever, and they go on to have their own thing

“on social media, there was, I think even before that, this effort to prove I'm more”

mega than even possibly Donald Trump. It seemed at times that was the contest going on with some of these individuals. And it was like, they wanted to jump in the wheelhouse and steer the ship.

First of all, many of them believed he was not, he was an isolationist.

You and I said all along, no, he's not, no, he was, did you pay attention at all during the first term? Yeah. And by the way, I'm okay with that. I believe he's used precision when he needed to use acts of war, when he needed to attack

the enemy. I think he's been thoughtful up to this point about it. And the others have gone on to again, you know, trying to create this thing where they're

“trying to say, and I think they really are trying to say, we're a mega and he's no longer”

mega. Yeah. And I have said repeatedly, especially in recent months, the only true mega is Donald Jade Trump, right, and that's just a fact, and this is where I think the latching on.

And he talked about that, you know, um, look, he's a billionaire. He's got lots of co-tails to write. And people love doing that when there is a rise, right, I don't get the whole thing with

candidates else, I don't, you and I have never really stood Tucker Carlson's mind, so I

had one of my best friends asked me yesterday, he said, what's going on, yeah, what's going on with M.T.G., and he said, you know, I used to find Tucker Carlson interesting, what in the world is happening. Yeah. And well, I look, I think Tucker himself said it.

He said when he was at Fox, you know, he had to do basically what you've got. You had to conform, you had to conform with what, you know, this is, this is our format. Here's what we do, whatever we, you know, and look, we've talked, I don't criticize, we talk about, for example, um, different formats of, of news talk. Yeah.

And clearly, they have decided that, you know, uh, Fox news, uh, Scott Jennings on CNN, they really don't argue as much conservative versus liberal, they argue Republican versus Democrat, which means, at times, I'll, I'll see it and I go, I'd be pretty uncomfortable trying to actually make people believe that I believe that, you know, when they do the Republican versus Democrat, but that's okay if they wish to do that, that's fine.

We have, we have thousands of media that do different things.

“And so that's fine, but that's what, you know, that's what a lot of times they do.”

And if they step out of it, you know, if they step out of it and take an opinion that's different, for example, than Trump, you know, Trump has said, I still think, do I still see the ads out there, uh, Donald Trump Jr., won't watch Fox news, watch Newsmax, remember after the, after 2020? Oh, yeah, there was this whole thing. And I remember people writing

to me, I'm never going to watch Fox news again. I'm never going to watch Fox news.

They're writing it really haven't changed. They're not, you know, they're, they're not supporting newsmax. Go to newsmax and there's Max does okay. I mean, but I'm okay with newsmax. I'm nothing against them, but they're, we're strictly their number speaking, they're not there, not even close to what Fox has. And wasn't, wasn't, was it, oh, yeah, you know, and, and, and people never left, they never left Fox, right, because

talk radio or, excuse me, political talk TV and political talk radio. Right. If you're on the air going, and we'd like you to listen because we have those more, let's get into, let's talk about Senate Bill 497329. Yeah, you know, it's like, sorry. And so personally,

and they've got great personalities and Fox, whether I always agree with them or not,

isn't the point. It's, are they doing what they should be doing in order to get an audience? You cannot debate that they're not being audiences there. They're, they're, they're the top of the, top of the heap, but the president has pounded on Fox. He did the other day for who, what's a, a brain, Shannon. Oh, yeah, he would have to her. Yeah, okay. And then he would have to watch the, yeah, yeah, then he would have to, one of the Democrats, right, also. Right. But he would

have, so, you know, they go after, it was after all the time, but with, when my buddy asked me, I said, I don't know, I said, Tucker, I'm going to guess, again, he, I remember him saying, well, you know,

“I was more format at under Fox. That's why you and I could never work in TV. I just couldn't do it.”

We had somebody ask us, ask you one time, you know, what's your goal? And you said, I'm doing it.

I'm radio. You said, you mean your goal isn't to do TV. It's like absolutely not. I never

want to do TV. And that was a radio executive asking me that. And they were so happy because they had dealt with so many hosts that really wanted to be on the clearly wanted to be on TV. Yeah. And I, and I don't, I don't have any aspirations. I know it. No interest. I, yeah. And, and it's, so don't have the freedom. You don't have the freedom. You do not have the editorial freedom. And I don't mean just to get, you can give your opinion in all likelihood. But obviously,

Tucker wasn't giving, he wasn't being honest when he was on Fox. Right. Because some of his beliefs are now 180 degrees and the, not even 180 degrees. They're on to lunatic land. Right. You know, the stuff with the malevolent spirits that are the, you know, the, I mean, it's just, and the stuff the other day about, you know, Trump wants to drop, you know, a nuke, watch him drop a nuke or whatever. Yeah. I mean, that's not even, that's not even in, in the same universe. Right. Where he, where he was

before. And I said, oh, I can think of his, they all want clicks. And you get clicks by now, I don't think, believe it's long lasting. And you lose your, your, your, your, you're not as relevant as you are anymore. Right. If people talk about Tucker Carlson now, it's because you hear the

“craziest thing he said now. Yeah. No, that's how you go check out what he said. Right.”

Look, watch the video to know what he said. And that's part of it. And they know that they, they know Julie, I mean, talked about it when he was doing a podcast. He said when, when, when we get into things and, you know, we get, we, we dive deep into rabbit holes. The views just go through the roof and the money just goes through the roof. Right. And that's something that is, we know, we know clickbaiting when we see it. It's a different type of clickbaiting. And we don't know where it lines

that look. It, it's going to have everything in that realm has a shelf life. But if you're not, I believe, if you're not doing it honestly, if you're not coming from a genuine position on your, on your standards, but also your convictions. And, and what I hear with this group that's mentioned here by President Trump and his post is that threat of anti-Semitism that has come from at

to a certain extent from each one of them along the way, basically pointing to Israel and

and all of this. And we know all the stories with the, with the guests that that Tucker Carlson had on and all this, I, I am not going to entertain any of that and give any of that kind of thought, any of my energy or attention. It doesn't earn it. And I can't tell you what's in their hearts. I can't tell you if they're doing that for clicks or if they actually feel that way. But I cannot accept that kind of bigotry or even the hint at that kind of acceptance of

bigotry for one second. You know, if you think about it, Tucker and then Bill O'Reilly, they were really at their best in their opening monologue that was pre-written and the point by point by point by point. But that was because of the meetings and the producers and everything else

“was what it's going to be. Because that's what people would talk about. Did you see,”

did you listen to Tucker and how he let his show off today? Right. That was, there was a team of managers on that. We are Red Eye Radio. We lined up and for your goals, 866-90 Red Eye on Red Eye Radio.

Now, you know, you look at it. There's a difference. You know, you had Candace Owen. You had

“you had Candace Owen. You had Tucker Carlson. Who else did he have in there?”

Megan Kelly. You know, Megan Kelly. I never viewed her as a real fan of Trump up front.

Yeah. But the others were for what's his name, goofball. Not got my blank. Oh, it's Jones. Alex Jones. Yeah. We said it when Trump did his podcast. Don't do that. That's a bad move. All right. Don't do not align yourself with somebody who's a wax job. He did that in his first term. Right. And we said, don't do that. He's going to come back. And they're not your, he's not your friend. Right. He's an opportunity.

This is Red Eye Radio on Westwood One. Now, it's Red Eye Radio. Gary McNamara and Eric Hurley talk about everything from politics to social issues and news of the day, whether you're up late or you're just starting your day. Welcome to the show from the Relief Factor Studios. This is Red Eye Radio. All across America. We are, uh, thank you so much for being here. He's Eric Hurley.

And I'm Gary McNamara. Welcome to a Friday. I'm on a plane later on this afternoon. Late, actually this evening. Your father's hundreds of birthday celebration this weekend. If you want to see the shirt that my nephew made for him, you can check it out on X. And I reposted it.

“You did. Okay. So awesome picture. At Gary Red Eye One or at you are what?”

At Eric Hurley. At Eric Hurley. Oh, yeah. And, uh, first of all, happy birthday, uh,

100th birthday to John McNamara. And also, as of now, happy 88th to my mom, Mary Sue. Wow. And, uh, got some flowers coming to her house. Uh, we're going to do her birthday celebration next weekend when my brother is coming up. And, uh, and maybe sneak in some fishing on that. We can mom doesn't do any fishing, but we may go out the day before the celebration. Do some. But, uh, yes, you're going to travel and go see that. Yeah. I mean, I, I, I get in like

good 1130 tonight and then, uh, go to sleep in the hotel, wake up, spend the day with them. Then I'm back on a flight Sunday morning back here by between 839. So yeah. Wow. Very, very quick trip. But, yeah. You know, it's, uh, it's, it's nonstop direct. So yeah, yeah, it's not really, uh, I'm still used to flying doesn't even matter anymore. But you know, the thing I was thinking about

yesterday with my, my dad's birthday. First off, you just think about everything that, you know,

he was born in 1926. Yeah. And you, you think about that. And yeah, and the stories he talked, you know, about going through the, you know, the, the depression. It's funny because I, it's talking to my sister. There's a couple of months ago and I went, you know, dad actually grew up like the Walters. Hmm. Yeah, because that was sent in the 1930s. Yeah, it was right after the depression when it first started, you know, that, what it was supposed to be. So my parents included. I mean,

they didn't have, there was no indoor plumbing. I mean, and they were all small town in Texas. It was, and, you know, the, the things you miss, you know, that you don't hear anymore, because my grandparents all the time get out of the ice box. Got it for refrigerator. Why do you call it an ice box? Yep. Because we didn't have refrigerators. We put ice in a box. Yeah, had ice delivered in the morning. Yeah. Put that ice, the, the, the, the coal in the box. The coal man would

come. Yep. Yep. As my dad said, occasionally horse drawn. Yeah. Yeah. Yeah. You know, with the coal, and you put it, yeah, in the, they put the coal down the bin, which kept your furnace going. Yeah. And you learned to garden and garden well grow your own vegetables because

“sometimes that might be the only thing on the plate. And then there would be like this,”

almost like a co-op situation with neighbors, like my, my mom, her, her parents had a huge

And, you know, that it was, that's how you got through it. And you think about it. And my dad,

“when he had, you know, his full cognitive abilities, he was, he was on the computer. Yeah.”

He first rejected it. And then when, what, you know, then when he found out he could watch stuff.

But then when we got him, I don't know, when the, whenever the first smart TV came out, yeah, it was at 10 years ago, maybe longer. Oh, smart TV probably longer than that year. Whenever it came out, and he found out when he found out about YouTube. Yeah. You would go into his account and everything would be airplanes because my father was a private pilot. My father used to do acrobatic flying in a plane. Yeah. You know, upside down, looped, looped,

do all that stuff. Yeah. He, in his youth, in his youth, he was nuts. Okay. He wanted to, he wanted to

enjoy, he wanted to enjoy life. Yeah. It's interesting. So I always tell, you know, people,

for example, I never, ever saw either of my parents drunk, ever. Right. Ever. Yeah. The only time I ever saw my dad drink alcohol was around Christmas time and he would get their real sweet. I don't know if it was a gift or he bought it. The real sweet, cherry wine and put it in a ice cream. Yeah. But it wasn't because of the alcohol content. Right. And then the only other time I

“ever, I think if I ever saw him have a beer out like at a restaurant or something, I don't think so.”

The only other time was the case of Valentine beer that sat in our basement for 12 years. Like, how do you know? Because our next door neighbor, Mr. Duncan, you know, be, you know, be probably Mayor June when doing major lawn work and he'd walk over to, you know, to my father and say, you know, because they've been doing it all day. He's doing his lawn. My dad's, you know, doing his lawn walk over here's a cold beer and they drink it together. My father felt he had to reciprocate

so he got a case of Valentine. And so he would drink two beers a year. Yeah. And that was, that was really it. But the one thing I was thinking about yesterday because we, we had talked about the people on the left and how angry they are. And, you know, what causes that? You know, why, why are people so angry? We're passionate. And I can get angry, but my anger, it's when anger becomes delusion. Yeah. You know, there's nothing wrong in the funniest thing

is, I remember. I'm old enough to remember in the 90s, the Democrats, Republicans are angry white males. Well, Democrats are angry every demographic. Right. Exactly. And delusional on top of that. When you think about the things that they're defending now, which are just absolutely nuts, and you just wonder whether the, you know, unleashed anger and rage turns to delusion or delusion turns to rage. I haven't figured that out yet, but I know that from a lot of clinical psychologists

that I've seen that, and we've talked about this yesterday, is that people that are happy are grateful.

“Yeah. You know, they're so, they're so grateful for what they have. And I'll never forget one time we”

got guy called us one time, and this is during the whole BLM stuff Black Lives Matter, and, you know, you have white privilege, and I said, well, I started out cleaning toilets, but what I did have, I did have parental privilege. I had two parents that were there the whole time without question. And, and I think that supersedes probably anything that affects your environment when you're young. Yeah. And, and even though, you know, I had, you know, especially as a teenager,

I had tough times with my parents never doubted that they didn't love me. Right.

Disagreeed with them, got furious at them, by the way, vice versa. Oh, you think? And as I've always said, my parents and I, and then in my 20s, you know, when I get into college, everything else, everything was fine, but we really never talked. Yeah. And I was in my 20s, and I was out of town, and then I got my own place, and I was working, like, crazy, and I'd see them, you know, I'd go over and see them for an hour every week, you know,

Saturday morning, whatever, but you just end up, you know, it's just you, we never, we never talk serious issues, and what brought my parents and I together was me getting into talk radio. And I can still remember being at their breakfast table, and they're both looking at me.

And they said, all that stuff you stand the air, you really believe that? Like, oh, God, I'm dead.

Does everybody knows I never wanted to do talk radio? I was just, you know, the owner,

Sioux Force me to do it. God bless herself. And they said, you really believe all that stuff, you say in the radio? And they said it away where I didn't know if they were angry at what I believed. Oh, yeah, I'm through my mind scanning. Oh, no, what's going on? Yeah. And I said,

“yeah, I do. Oh, our son, I got a great big hug and everything else, and that's how that's”

really. And that would have been in my younger 30s. Yeah. Maybe 33, 34, 35. And then it just, it just changed over, you know, over a period of time, my parents became, they were always my parents, but they also became best friends. Yeah. And that was, you know, they were, for example, that didn't, my, we, we talked about it all the time. You know, I'd say, you know, I'd come back my mother says, I'm so proud of you. You got a little bit of a double chin there. You gain in weight.

Are you exercising? Are you taking care of your teeth? I'm not a child anymore. And then I came to realize where everybody else said, my parents treat me like a kid. And I realized,

yeah, they're always going to show you like a kid because you are their kid. Yeah. And it doesn't

matter. Yeah. You know, you can be, you know, when I, it could have been when my mom, you know,

“if my mom and, you know, 10 years ago when she, you know, she died six years ago, but when she had”

her full cognitive abilities, she would still, you know, come in and question everything. Yeah, just like, oh, my oldest daughter has, has been sick lately. And the worry is through the roof. I mean, it's, it's, you, you just, you, you go right straight to parent mode. And yeah, you know, she's over 40, you know, but that's just the way it never, it never changes. But I thought about it. And, and we talked about, you know, what, you're grateful for. And it's always been grateful for the

opportunity, always been grateful that I've had my, that I had my parents as long as I did,

I still have my dad. And not that he has his full cognitive abilities all the time because he does it. But when he does, it's still the most wonderful thing. But I've had him in my life till I made 70. Yeah. And then I saw the New York Times interview of Ben Sass, the senator. Yeah. Yeah. Don't want to bring up the politics and where I disagreed with them. But you look at him and you could see his face because he's got pancreatic cancer and he won't be alive for

long. Yeah. He knows. Right. And it's spread all over the place. Yeah. And you look at his face and because of the drugs he's taking, he's bleeding in the skin. Yeah. There's blood all over his face, dried blood. Yeah. And he talks about his kids. This shows me up because I realize how what I'm grateful for. There is no, you know, I'm grateful that I was born in this country. I'm grateful that we live under the Constitution. I'm grateful I had my parents. I'm grateful that I know that I've been

loved by my family and others. You know, that's really it. I've never expected anything. I didn't grow up. I grew up, you know, with World War II Depression-era parents. There was no sense of entitlement ever. No. It wasn't okay. The government needs to do this. We related to ask not what your country can do for you, ask what you can do for your country. Because that was the culture that you came from at that time. Right. And I realized how grateful I am that I had my

parents and that I didn't have to go through that. I have friends, one of my best friends. It's father died when he was 18. I can't imagine that. Yeah, I have a best friend who passed away during the COVID years, not from COVID, but we grew up together in Del Rio and his father didn't come home from Vietnam, Lieutenant Earl Brown and my dad did. And from the moment that I met him and saw the picture of his father on his wall and his bedroom, it stayed with me. It's I don't know if

it's a survivor's guilt, the fact that my father got to come home, his didn't. But he was four years

“old and my dad, I was four when my dad went over. And I think to myself, you know, and he was”

an outstanding individual. David was just salt to the earth, heavily involved in his church. Talk to his mother every single day, Sylvia still with us, in fact, a great mom. When I would spend the night, we'd almost always do it on a Saturday night because we wanted to watch SNL. We'd get a bunch of candy and so on and watch SNL because they had a TV in his room which was rare back then. But we listened to heavy metal albums and everything else and he turned

me. The fact that, you know, that it was not easy for him and it wasn't easy for his mom. And as I've grown older, I've realized what divorced us to young kids. Yes, you know, that where I've seen families like that. But I do, as I, as the older I get, the more I realize and

“the more I agree with these clinical psychologists that say it, that the key to happiness is being”

grateful. Right. Because if you're grateful, you're calm, you're content, your mind is free, it's not cluttered. Right. If you're angry and enraged all the time, I don't, I think that in

him, it's critical thinking. It's like when you think about when, you know, I know I've always

talked about, hey, with the masters on, I can, you know, I can throw out the golf, where I talked about the fact that I used to have, I would describe it as the range of a serial killer directed it myself. It's the worst mentally I've ever been and it was because I couldn't hit a ball with the stick as well as I wanted to. I was a good golfer, but I couldn't get to as good a golfer as I wanted to be. That clogged up my thoughts. It really did that kind of rage. And it was directed at me. The

anger was for this to me. That's the thing. But I realized I actually thought I said, you got a quit for a while. I actually quit my club. And I went play basketball and hockey and did a bunch of other stuff for a few years. And then came back with a new attitude. And I goodness, it's completely disappeared for every aspect of my life. I'm still competitive. But I think the realization comes in. Hey, you're an old man. Well, and you know, do do other things. But I really think that

anger stops the mind, my anger rage and trauma. It stops the mind from critical thinking because

it is often focused on oneself and it's clearly internal. And when that is the case, in order

“critical thinking requires you to be selfless, you have to consider all elements of a situation”

and you have to lay everything out clearly. When that rage is controlling the mind, there's no clarity. And the focus is on getting a remedy for you, not a focus in general. And so when you talk about ideas, I think that clarity, you know, once you have that clarity, it allows that critical thinking to be in play, which then applies to anything that you're talking about. And I also think

if you're grateful for the things that you have in life, you're very much less likely to have

the horrible character traits of jealousy and envy because I really do appreciate how things are earned, you appreciate people's time. All of that is that selfless thought. You you understand what it takes to earn something. And I'm grateful for all the sacrifices that people made right to help

“me be who I am. And once you believe that way because of your environment, it changes everything.”

We are Red I Radio. This morning's USDA Farm Report is brought to you by House Products, tested, trusted, guaranteed since 1920. Friday marks the opening of this year's National 4-H Conference in the National Capital Region. And National Institute of Food and Agriculture and Administrator Jay Hambi says the annual gathering is what he refers to as a workty conference. Every year delegates are given a primary assignment to use research and discussion to formulate

policy recommendations and response to a challenge question from one of our federal agency partners. The process culminates in a 45 minute what we call a youth perspective briefing where for each delegates travel to our partner locations to formally deliver their recommendations. Several agencies are presenting questions to 4-H student groups based on use of technologies and artificial intelligence to advance careers and fields such as agriculture that

National 4-H Conference runs from April 10th through 15th with more information available online. At www.nifa.usda.gov/thin number four dash lowercaseh. I'm Rod Bane reporting for the U.S. Department of Agriculture in Washington, D.C. This report brought to you by Senax Fules and Loves. Get in touch with Red Eye Radio, toll-free at 8-6. May be Red Eye.

We are Red Eye Radio. He is our Crony and I'm Geary McNamara. The ceasefire more of that coming up following the bottom of the hour.

shirts says the first 100 years are the hardest. It's something he has always talked about when he

“was 95. The first 95 years are actually the hardest. It's a Gary Red Eye one.”

. You're listening to Red Eye Radio from the Relief Factor Studio. And he is a Crony and I'm Geary McNamara. Welcome in good morning. Thanks so much for being here. Trump, as we said, was quite active on social media, to be on social.

He had this one at the Wall Street Journal. He said attack of the Wall Street Journal. The Wall Street Journal, one of the worst and most inaccurate editorial boards in the world stated that I declared premature victory in Iran. Actually, it is a victory and there's nothing

“premature about it because of me, Iran will never have a nuclear weapon. And very quickly,”

you'll see oil start flowing with or without the help of Iran. And to me, it makes no difference either way. The Wall Street Journal will as usual.

Lib to eat their words. They are always quick to criticize, but never admit that they are wrong,

which is most of the time President Donald Trump will be wrong on that. When the Wall Street Journal is wrong on something, they will say it. You and I have read at tutorials. I can guarantee you the Wall Street Journal is thrilled that Trump put out that true social statement. I can almost guarantee their thrilled. We both read that editorial. Read that when it came out yesterday. What they're saying is the question is, and they've been

saying all along, the President needs to finish this, finish off Iran. They are behind what the President's goal is on this. I don't know if the President knows that. I don't know whether he understands that the editorial page is different than the news page.

“Right. The editorial, the news page, again, remember the big fight a couple of years ago?”

Oh, the journalists inside the newsroom who are liberals, you know, it couldn't stand the editorial board and vice versa. There was, again, that's where people started to see the turn at the Wall Street Journal. But at first time in a long time. But if you read the editorial, it actually is questioning because of everything, because of the statements afterwards, what is Trump's plan? When he came out and said basically that, you know, the Iran's 10 point

ceasefire plan and the 15 point American plan were basically the framework of the deal. Everybody went, what are you talking about? You can't agree. There's nothing in that framework of the Iran deal. And then he came out the next day and said, no, we're not considering that at all. We threw that out. That's all garbage. You didn't say that the first day. And as we said, that when you, there's, there's two things you're doing here. There's using the language against the

enemy. But then when the ceasefire stops, your audience may still be the enemy. But it's still the people of the United States wondering, what are you going to do based on what you have said you're going to do? And what he said initially when they came out with it was the same question that we had. And we said, eh, I wouldn't be surprised if this totally changes tomorrow where he says the 10 point plan were not considering that at all. That's garbage. The administration said

that's being thrown out completely. Trump on, as we said, when he was asked the question the other day, about the tolls of a rent well. If they do that, well, we may do the same thing and cooperate with them and do toll basically do tolls together. He came out yesterday and said, absolutely not if they're doing that, that's breaking the ceasefire. So he's giving mixed messages and you may give mixed messages to your enemy is one thing, giving mixed messages to the public on the ceasefire

agreement in war is a completely different ballgame. So the Wall Street Journal to me was asking the questions, they are arguing, you're in tea. They are thrilled that the president and I'm thrilled

that the president came out and said, Iran will never have a nuclear weapon, which means they can't

And if the Wall Street Journal asking those questions clarified what we all agree with the president

“because that's what we believe he was going to do from the very beginning because he said so”

that's fine in Danny. The president shouldn't be upset about that. No, and I think it's in fact the editorial in the Wall Street Journal was a lot like what we said on yesterday's show. And that is the basic point of there is no doubt that the president and I had confidence that the president and still have confidence. The president will finish this. That in the end they will not have that enriched uranium. That stockpile will be in our hands one way or the other.

What happens and who's in charge? Who's left at the top in Iran? I can't tell you, but they're

being picked off one after the other. And there's not many of them left. And still no one has seen Ayatollah Jr. in public. The new Ayatollah, the so-called Supreme Leader, you don't see him. You don't see him. You don't see him in videos. You don't see him. And there's a reason for that. And we don't know if he's severely injured or if he's dead. But one thing I do have confidence in is the president will finish this. And I do believe the ultimate goal was. And we said it was about

regime change. But it's also about making sure they don't have nooks. That goal can't be you can't waver from that goal. Right. And their questions came precisely from what he wrote. And I'll read it to you. So people can understand. Yeah. Trump declares premature victory in Iran. Iran is still a threat to the straight and may retain enriched uranium. Did the war with the land that began with the war? And with the whimper, that's the way it looks. And the cold light of Wednesday

after President Trump's announcement Tuesday of a two week ceasefire, Mr. Trump achieved some of his war aims. But the Iranian regime remains a threat in the straight of Hormuz. And the job is far from finished, despite what he promised last week. Mr. Trump and Vice President J. Advance of the ceasefire is conditioned on Iran striking a deal. But it sure sounds like the president wants the war over. Quote, a big day for world peace. Iran wants it to happen. They've had enough. Likewise,

so as everybody else he posted on true social will Mr. Trump really start bombing again. If Iran draws out talks, given the risk to oil prices, count a skeptical. The president can change his mind

“in a minute. But this sounds like the end of this round of hostilities. So what is the result?”

All the good questions based on what the president said himself. Now we said, we've all we said. We don't pay attention any more to what the president says. We pay attention to what he does. And I think that has to be -- and that has to -- you can apply that even more here with the situation in Iran. It's actions in Iran. This is where I would question the editorial board. And really, they're just questioning. But I see this as I absolutely believe that in two

weeks, if it's not going as planned, that he'll go back to taking out leaders. I think he'll go back to bombing targets. I don't have any doubt in my mind. But asking questions as we did and everybody did, saying, what does this mean? Right. Are completely in totally legitimate. As a right here, he said, the biggest disappointment are Iran's continuing threat to the straight-of-war moves. And what happens to its enriched uranium stockpile, Mr. Trump is sending

confusing signals about that -- about both that Iran is contradicting as they were. So they're asking the question what's going on. And when he said Iran wants this over, we all said, no, they don't.

“Right. Yeah. No, they don't. And we said, you know, that's why there's a difference between”

talking to the enemy. And then when it's time to talk to the people of the United States about

war, there's going to be questions. What does the ceasefire mean? What is victory? Here's what

you said in the eight-minute speech, comparing what you have said all along to a drastic tone change within a day, if legitimate media that is on your side on what you're doing in Iran has questions, they are not your enemy, Mr. President. No, I'd agree with that. And I think again, it's the editorial board was doing a lot of what we were doing. Asking questions, I do have confidence that the president will go back to war in two weeks if that's going to be or at the end of the

I don't know this, but I think it stands to reason that part of the tactic would be to see if there is any way possible to have them hand over in rich uranium without us having to go in and get it. I have my doubts that that will ever happen. In fact, if I were to lay a dollar on that, that I'd lay $10 on the bet that Iran will not just hand it over. But, and we said politically, if he doesn't do it, that would be more damaging than increasing

we saw the Shestry, we believe that the president will hold their feet off fire. We'd be very surprised if he did not because the spike in oil prices for another month is nothing if it's perceived that he backed off the taco stuff that's thrown against him, which means taco in case people

always trump always chickens out. That started when he put on the huge tariffs and then almost

sunk the bond market and had to reverse and lower the tariffs drastically when they first put them on

“in the spring of April of 25. If people don't know what that means, that's what it's from.”

I don't see the president, I see the president trying to negotiate. The president talking to two different audiences, the enemy, and the public, and that's where message clarification is needed for the people of the United States. I had no problem with what the Wall Street Journal did. I thought it was the editorial page asked the questions that should be asked. Well, and again, I think it also presents in a public forum through their publication

the idea that it is expected that he would finish the job. I believe he knows that he has to finish the job. But the public reminder of it or the editorial board at Wall Street Journal, reiterating that is helpful. I think it is, you know, look, this is for those of us who support what you do or what you're doing. Well, they're on his side. Yeah, that's the point they're on his side.

And look, it's the same editorial board that said at the end of his first term,

“you need to be campaigning. This is in 2020. Based on your achievements, your achievements are”

massive and they listed like a dozen of, right? The top achievements in these were huge achievements. This is what you need to be promoting and focusing on. They wanted him to win. And they want him, I believe they want him to win here with a rant. We all want him to win with a rant. But there are things there that, again, I don't think this applies in the same way it does with terrorists. I think with terrorists, you can see the negatives. They can see the negatives. And internally,

they're seeing what's going on with the economy. The fact that the economy has to absorb it, that it's not benefiting the economy. And there has to be adjustments. They set it during the when they in December came out with their 200 plus food tariff exemptions in order to, and it was there. This is their statement in order to help pricing for families when they acknowledge that the whole tariff debate was over for me. But of course with Iran, you're talking about

a much different situation. And I do believe a pause, first of all, settling the markets is

“one thing, but it's always temporary. The long-term game is the plan. And I think to the long-term”

game to that end, there has to be a settling of the dust to know what is left in Iran, what their abilities are, who, what personnel are left, who's in charge, what the packing order is. And that until I think is gathered at a greater rate, at a true or rate during a peace agreement, during a, you know, a pause. Well, the Wall Street Journal, because they questioned it, made the President come out and say, and he's been saying it over

the last 24 hours, no nuclear weapons. None. Right. Straight of Hormuz is going to open up the whole toll thing disappeared. You know, no tolls. That's the kind of clarity that he should be putting forth to the American people. And he did, which we believe was his original plan to begin with. Yeah. And so great. I feel, I feel good that the President seems to be focusing that no,

the stuff that they put out as crap. Right. Yeah. As he has made clear the last 24 hours,

which is good. Yep. And if asking questions from the media that agrees with him,

“get you to that point, that's fine. Sure. I think the President needs to realize we've said this”

to before about the Wall Street Journal editorial page. They're not your enemy. Right. Right.

We have the news division might be. We are Red Eye Radio. Coming up more with Gary McNamara

and Eric Carly, it's Red Eye Radio. We're Red Eye Radio. He is our Crowley and, uh, and I'm hearing McNamara. So it was an interesting day for the President. He posted a lot on true social, uh, yesterday, a lot, a lot of good stuff and

“interesting things and also also as always very entertaining. I think the whole MAGA influencer thing”

was the one thing that I was waiting for to be settled once and for all. I didn't know if it was going to happen. But it happening by him for him calling out these people, you know, Tucker Carlson,

Megan Kelly, Canna Soans, and Alex Jones, basically saying they're not MAGA, it's what we've said.

The only MAGA is Donald Trump. Anyone latching on is not truly MAGA. This is Red Eye Radio. On Westwood One. Hi, I'm Jocel Seahe High, host of the Stecking Benjamin's podcast. Most economists agree. Small amount of inflation is actually good. 2% is what you're going for. Why is everybody freaking out? Oh, because it's the fallout. People don't track their budget. You have this slow slipping that happens every month.

To all of a sudden you go, man, I don't have any money. The reason is now two people go to a restaurant. The bill is $60 for two. Two guys walking to a restaurant. They start screaming. It's not hilarious. $60. Stecking Benjamin's. Follow and listen on your favorite platform. Vince Conez is redefining news talk. Vince Conez hosts of the Vince podcast. I'm bringing you the truth beneath the headlines

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