6 O'FIVERS ITS ELECTION DAY....AGAIN GO OUT AND VOTE!!!! 6/23/26

Transcript

SPEAKER_01 0:02

Let's call away to go with next number. Radio. Liz Hallaway with next number. What we got to wake up is 9 every week 4.5. 94.56.

SPEAKER_04 0:29

So step in on the Liz Halloway show with next summer. Actually, Glencaly Radio is here. It is Tuesday, June 23rd, election day for the runoff election. We have uh four elections locally going on. Uh actually, I don't know if there are any in um any uh smaller elections in Georgetown, but in Ory County, you have District 10. Uh, I think it's school board. And we also have, of course, for the whole state, we have the governor nominee for the Republican nomination. We have uh the Commissioner of Agriculture, and we also have um the AG, the attorney general. So those are the three um major statewide uh spots that are open. And uh the people who can vote today, okay. If you have voted in the June 9th election on the Republican ballot, you can vote today. If you did not vote for either ballot in June 9th, you didn't vote at all on June 9th, you can vote today. Um but you'll you'll be given the Republican ballot. So if you're a Democrat that never voted, um, you know.

SPEAKER_03 1:44

Stay home.

SPEAKER_04 1:45

You can stay home, but but no, you're not supposed to say that on the radio. Uh never stay home. Oh, yeah, you're right. You're right. I didn't think that. Um, but yeah, don't stay home. Go out and vote. Go out and vote. Um go out and vote. And um, yeah, you're uh in open primaries, you're legally allowed to do that. Uh with, you know, if you're a Democrat, you can ask for a Republican ballot, but you can only vote for one election. So uh so yeah, so if you want to go out and vote, today is the day, 7 a.m. to 7 p.m. Uh the runoff elections generally have a lower turnout than the original election. Uh, but I I don't know. We're breaking records with turnout on this, and I have never seen, although I will say I I didn't notice so much hatred and vitriol um on social media, well, namely Facebook, uh, recently, uh yesterday. And I I think it may just be because everyone realizes that Wilson's pretty much got it in the bag at this point. Um the polls are showing him well over 30 points above uh Lieutenant Governor Pamela Evit for the spot. I mean, I it I I will be really truly shocked if the polls are that wrong, multiple polls. I think McLaughlin poll had him up at 68%, and uh another poll had him at 62%. Um, the insider, I forgot the name of it. But um there was another poll, and I go to this website called 270 to win. Uh insider Advantage had him, has him as of yesterday at 61%, 10% undecided. And I get that because people are just overwhelmed by fake and you know, lies on, you know, coming from both camps. And I'm not saying the candidates themselves, but the packs that support them. Um, so it gets really confusing. And one of the um sticking points that's been kind of probably a thorn in the Wilson camp side is that entire um horrific situation where Scott Spivey was shot dead um by uh, and I don't even know whose bullet actually killed him. If see this is the part that we don't know. So Weldon Boyd uh is accused and allegedly shooting this person to death. I I think he readily admits it because he says it's a stand your ground uh thing, but that's kind of been um, you know, uh that that's really what they're saying is the evidence showed it was stand your ground. And we have had this discussion ad nauseum. I'm not a law or legal expert or a stand your ground expert, but this has been run through the mill many, many times. But what comes into question with this whole thing, and this is what uh is really important when a prosecutor, and we had this conversation with 15 circus 15th circuit solicitor Jimmy Richardson, who recused himself from this case because he knows some of the people, he was mentioned by um some of the people involved prior to it um ever getting to this point. So he recused himself, he didn't want any look of impropriety. But the thing is, is uh the uh the prosecutors only get to work with the evidence that is presented to them by the investigators, by the investigating force, which is the police department. Now, if down to its very core there is some issue with the integrity of the investigation, that's a whole nother ball game. But when a prosecutor is given all the information that has been presented to them, that is the only information they are allowed to go off of. That is my understanding of it. So they can't say, oh, well, I don't, you know, I don't think this was done right or that's correct or this is incorrect or that's they can't judge the evidence. Evidence is evidence, right? Um, and so if they have a question about the evidence, you know, we do know now there's an uh like a third-party review going on out of the Ory County Police Department. We had some resignations. Uh you know, I can't even keep up with everything that's gone on with the Orie County Police Department, but well, but you know, it's been brought up, and we've talked to Alan Wilson about it. He's the attorney general who's also running for governor. We've talked to him about it, and they ran it through all these other, you know, other entities that would review the evidence that was given, and they all determined it was stand your ground. Now, I don't know what evidence points to the fact that it stands your ground, because like many people, I'm like chasing uh a chasing an armed man at a high rate of speed, it could go two ways, right? So you may be thinking, I am doing a public service by stopping this person before they kill somebody. Or you can say, I'm going to chase this person so I can always keep my eyes on him so that the police can get him fast so he doesn't hurt anybody. But when that person gets out and you feel like you're in a threat of your life, when does stand your ground begin? When does it end? So that is it, is it a moment thing? So if I'm chasing somebody and they're armed and I'm armed and I'm chasing them down because they're a bad guy, the threat is technically going away from me. But if the threat is going towards somebody else, like in your family, that is you can stop deadly force by using deadly force if they're going to kill somebody else or or severe bodily harm. And I had asked that question. If you see somebody raping a woman in a, you know, can you shoot that? Yes, I was told by the sled teacher in my conceal carry permit class. And because they are causing severe, if they're beating the person to a can you shoot that person to make them stop? So that's that's where it gets, it's really murky. It's severely murky. And this is why a lot of people who have concealed carry who carry the weapon, it's just a tremendous responsibility to carry that weapon and decide to pull it out and then to pull the trigger. There's like, you know, there's a thought process involved there. And that's why many concealed weapon carry people um carry insurance because stuff like this can happen where you get jammed up and you pulled that trigger and now you took a life. So I understand that the family of Scott Spivey want justice. Absolutely. We all want justice, we all want the right thing to happen. And um there's an update in that case, by the way. Uh, there was um actually um Weldon Boyd. Let me see here. I'll read it verbatim because I don't want to get it wrong. He has with now, he's the guy who owns uh Buoys on the Boulevard. That's um the main character in this. Now, I'm not sure what's gonna happen with his friend that was sitting next to him, Williams. I forget the guy's name, but Weldon Boyd has withdrawn his request for the judge overseeing his case to remove himself. But the accusations in that request remain a problem for the attorney representing Scott Spivey's family. So Boyd withdrew this motion without prejudice on Thursday last week, and uh that had asked circuit court judge Eugene Griffith Jr. to recuse himself from the wrongful death lawsuit stemming from that 2023 deadly road rage shooting in Ory County. And that motion was filed on June 9th. Now, authorities said uh Boyd shot and killed Spivey along Camp Swamp Road in the Longs area following that road rage incident in 2023. Spivey's family filed a lawsuit against Boyd and his friend, Kenneth Bradley Williams, in 24. The two claimed they shot in self-defense and sought immunity from the lawsuit under the Stand Your Ground Law. But during that hearing, that judge denied immunity for both of them. So now they're both cons asking the court to can to reconsider that. So there's claims of witness tampering and perjury and obstruction of justice. There's lots of accusations flowing around. I think there are still many chips to fall in this whole case. It shines a spotlight on detectives, investigators, on the evidence. Uh, and everybody and their grandmother has an opinion on it. They've heard the 911 tapes, but you literally do not know all the evidence because the case hasn't gone to trial yet. So to blame this one and that one and say Alan Wilson let uh is letting a murderer go is just that's not accurate. But I understand you're trying to get your candidate elected on false pretenses, but which is you know your prerogative. Um, but the the bottom line is we don't know for sure if it's stand your ground or not. It's like I think, I think, and I think it's because um the way I feel about it is I don't I think the integrity of the evidence has come into question and the way people were running the investigation. So if I was Weldon Boyd, I'd fight this to the death till the end. I would see it through. Because, you know, you have to. And if I was a Scott Spivy's family, I would. It's just a really bad situation. I personally wouldn't chase an armed man in a high-speed chase down a a road to nowhere. I just wouldn't. I get the license plate, the description of the vehicle, and um call the police, maybe follow loosely. Maybe, maybe not. I don't know. The guy has a gun. No, I don't think I'd follow him. But so we'll have to see. And I know a lot of you have an opinion about this. Um, and so whether that reflects on this uh this uh gubernatorial race is is is really uh you know, that's a microscope that's on Alan Wilson on this, even though he really doesn't have much to do with it. I mean, he's he's passed it on to other people for other review, more review, more review. So if you want to hear more about his response to that, uh I asked him about it in our first interview with him, um, which was I think right after the first election. I asked him about that and some other things that were out there floating about him. And um, and they were um uh he answers it. So you can listen to that clip on our talkradio mb.com website. Uh scroll down to the first Alan Wilson interview. And the other thing was, you know, they keep attacking Lieutenant Governor Pamela Evit for her payroll company, helping their clients navigate through DEI compliance. How do you pay? They she made millions on that. And it's like, and I say it from day one when that first came out. It's like they're a payroll company, and there were federal mandates on certain on companies that they are, you know, they that that are their clients. What are they supposed to do as a payroll company? Be like, oh, I'm sorry, we don't help you with DEI because we don't believe in D. You know, like what did you expect them to? So, like, oh man, I despise politics. I really do. And I really do believe that there should and she and she answered to that. Um, you know, it was uh the answer to bad policy that they had to make sure their c client, you know, it's the law. If that was the law for them to do whatever and get whatever as a company, um so so just if you're gonna pick on a candidate, just pick something that's like honest. Just pick on something that's honest. For example, when I say, you know, what would you have done different during COVID in retrospect? Or if you're governor, what would you do different? And uh and I said, Well, we were shut down, not essential businesses were shut down, and then I then she says to me, We weren't shut down. That's clearly not true. So at the end of March, um we knew, and I know because I was going out wedding dress shopping, and the Saturday before the Monday they were supposed to be closed down, I was able to buy a wedding gown off the rack. I had no choice. I had to buy one off the rack because all the wedding factory dress wedding dress factories were shutting down, and there were no dresses going to be made for at least a year. So, you know, let's just be on can we be honest for five minutes and just look at the real track record of people and stop lying and stop attacking each other personally? I don't know, but this I have never experienced this in my life. I've been following politics since being in college, and I have never seen such division in people who are on the same side of the political spectrum and how nasty they are. And I really do believe it's because social media has made it so easy for people to be so vile and nasty. Even with their name and their face emblazoned on their page, they they still think they have the right to say something, you know, that they wouldn't say in person. And that really says a lot about our society, doesn't it? It's really gross. And that's another reason why I don't join clubs, because a lot of these clubs, I mean, there's so many fractures and it's very sad. And I don't know why people like, okay, you like this candidate. You know, you can have a dignified conversation with a Democrat. Now, of course, if they're you know screaming in your face and not being dignified, then you can end the conversation. But you don't need to participate and reciprocate. And when you're both on the same side, I mean Trump endorsed both candidates. Now it's funny because the people on the Evitt side are saying, Oh, well, when you were saying don't pay attention to Trump's endorsements because he doesn't know South Carolina, and now you endorse Wilson and now you're bragging about it. Well, you know what? It it goes both ways. It goes both ways. So if you're if you're bragging about she got the endorsement first, then be happy that he endorsed the other candidate. Because that means either way, we're gonna get a candidate running in November who will most likely win because the Republicans are favored to win the governor's spot here, who is in line with America first. So just stop. It really is terrible. And I really do believe that many friendships are going to be damaged, if not permanently, which I hope not, but for quite a while. Trump endorsed both candidates. Get over it. You're gonna have a Republican as as governor, whatever it is. The budget blinds text line is open. If you want to uh stump for your candidate, 843-798-talk 798-8255. Jared Dilling in Money Talks, he'll come be coming up um at 705 and we'll talk to him about what's going on. I do have a clip saved for him uh that I wanted to uh run by him to see what he's seeing from his perspective by following the markets. I'm sure he's on his way here right now. So um, but we'll play that once he gets here. We'll be back in just a moment. All right. As I said, election day is happening. Um I was just reading some of the I was uh I was reading uh the climbers say their votes are split. One is voting for Evit and one is voting for uh Wilson or did. Um and I I think um, you know, I think that anybody who is using the Weldon Boyd Scott Spivey situation as a measure for Alan Wilson, I don't think that totally applies to him like as a track record thing. I think you need to do your research and to see what he did with the whole situation. And it's not his fault, you know, that um, you know, that certain judges or certain evidence is the way it is and the way it's presented. I mean, they've run it through many different uh investigations. So I I don't know. But you know, some people say, hey, you know, the bully pulpit, whatever.

SPEAKER_03 19:48

Well, I think they're their um marriage will last. They've been married for 47 years. So I think you got it made.

SPEAKER_04 19:55

Um Julie said, I 1,000% agree with you. I don't care who endorsed to, I vote for who I want, and I want a change. Wilson has my vote. Uh let's see who else. Um, let me see. Oh, Robert. How about keeping the wokeness? Oh, wait, is that from another day or is that from today? Uh from yesterday. Hold on, let's go to nine minutes ago. Here we go. Um, I'm used to Nick. He he deletes everything.

SPEAKER_03 20:25

So like Oh, he deletes all the old stuff?

SPEAKER_04 20:27

Yeah, yeah. So that uh it doesn't compound. But um no, the businesses were not shut down. If you have any way to do carry out, stay open, but businesses didn't have a way to do carry out. Well, no, that you're just talking about restaurants. Non-essential businesses were shut down. That's a definite. Go look it up. It's go to the governor's website, go to the executive orders, scroll down into uh December. I'm sorry, March of 2020, and you will see how non-essential businesses. Now, restaurants in general had to remove tables, they had to use certain cleaning things and have hand sanitizers. It was a tremendous financial burden on restaurants. Uh, they couldn't have as much uh capacity, and um they there if the only the carry-out restaurants really survived. Now, there was a list of non-essential businesses and essential businesses, non-essential businesses were allowed to apply to to get um, I guess, um, you know, clearance as an essential business. People were saying, you know, hairdressers, uh, you know, yoga classes, gyms. My friend lost her gym because of COVID restrictions. She had a gym. I was going to it. And then we had to go online, and then it was like it just fizzled. Who's gonna pay every month, you know, for online exercise when you're Used to going in there and getting that hands-on personal training. And so, yes, it was definitely shut down. And he was asked, Robert, during his press conference, by a reporter who said to him, What are you going to do to the owner of a nonessential business who opens and defies your order? And he said, They will be arrested. It's a misdemeanor. He said that. So you didn't do your research. You need to go onto the governor's website and go look that up. Because it's there in black and white. Non-essential businesses were closed. The lady I bought my wedding dress from, she just opened this business of off-the-rack wedding dresses. I went, I called up and I said, Every wedding shop is dress shop is closed. I'm getting married in October. I need a dress. And she said, Well, I have all sizes off the rack, ready to go. Can't get it altered, you know, whatever. I said, No problem. I'm coming there and I'm gonna leave with the dress. Every other I had appointments at other places, they all canceled. Why? Because on Monday they all had to be closed till further notice to what? Flatten the curve, another lie.

SPEAKER_03 23:22

Liquor stores were open though.

SPEAKER_04 23:24

Oh, because those were essential. Yeah, because the gut government has to keep making their liquor money.

SPEAKER_03 23:29

Yeah, exercise was not important, but liquor was.

SPEAKER_04 23:33

Going to the beach, going on vacation, all these things were closed. I know, I did the news every single day during 2020. And you can read it in black and white. It's all in their archives of the executive orders in the South Carolina governor's office.

SPEAKER_03 23:55

Poor Julie. My daughter got married September 2020, and only eight people were there.

SPEAKER_04 24:04

I remember that, and it wasn't here. She got married um somewhere in a beautiful location, though. I remember those pictures. Um I got married here, the place I wanted. It was a waiting list. And they called me and they said, Everybody's cancelled. I've gone through the whole list. I said, I'll take it. And we ended up we had about eighty something people.

SPEAKER_03 24:24

That was at the Hilton, right?

SPEAKER_04 24:25

Yeah. Myrtle Beach. Um and so that's where I met Peggy. That's the first time you met Peggy.

SPEAKER_03 24:32

I think it was.

SPEAKER_04 24:34

Interesting.

SPEAKER_03 24:35

Yeah.

SPEAKER_04 24:35

Yeah.

SPEAKER_03 24:38

Um I just saw something come up with Greg Rolls Theater. She got some type of award.

SPEAKER_04 24:44

From Alex McFarlane.

SPEAKER_03 24:45

Was that what it was?

SPEAKER_04 24:47

From Alex McFarland Ministries. I did see that, yes. Um, for doing what they do with the Grand Dunes, uh not the Grand Dunes, Grand Strand Life Group. They changed the name, they've expanded. Um but yeah, check out Peggy Davis' uh Facebook page for details on that.

SPEAKER_03 25:01

Um, Teresa, she's gone to that, I understand, uh whole school.

SPEAKER_04 25:07

Yeah.

SPEAKER_03 25:07

So I mean, you know what? This is a really nice community. There's a lot of good things going on in this community.

SPEAKER_04 25:12

Yeah. A lot. But you were talking, there's a fundraiser event.

SPEAKER_03 25:16

You want to publicize it? Yeah, it's tonight. And um I tell you, the owner of uh Voodoo Brewery, uh, he's done some great things. Yeah, he he what a great guy.

SPEAKER_04 25:26

But tonight I think he's a Marine, right?

SPEAKER_03 25:27

Uh I think he was a great thing.

SPEAKER_04 25:28

He was like a special forces type of guy.

SPEAKER_03 25:31

So five to seven tonight at Voodoo Brewery. Uh it's one night, one mission impacting young lives. This is all about the uh youth sports camps. And for 10 years, the West Foundation has been helping youth um build confidence, character, leadership skills, and lifelong memories through free football and cheer camps. And every camper receives a uh free athletic footwear. Football campers receive cleats and cheer campers receive tennis shoes, but their sponsor pulled out kind of last minute. So they are scrambling trying to raise money so that they can fulfill the needs of all these kids. So come out, Winslow Law will be there, and um, I'll be there. Come out and and help out a great cause. And of course, the food at Voodoo Brewery is awesome.

SPEAKER_04 26:22

All right, very good. Let's take a break. When we come back, I want to talk about this case of the missing woman from Forestbrook. You know, we all made a big deal about Savannah Guthrie's mom being missing, and there's some new developments on that. But this whole case have you heard about this?

SPEAKER_03 26:39

Yes, I have.

SPEAKER_04 26:40

Um she's still missing. And her husband is a person of interest. And I I have some like, you know, timeline of facts here. If anybody can share any, um maybe her family can come on the air here and talk about it. I don't know. Maybe we can help them in some way uncover some new evidence, but pretty much right around the corner from the station.

SPEAKER_03 27:07

Yeah. You know?

SPEAKER_04 27:08

Yeah. See if we can reach them. If anybody knows the family of the woman who's missing, we'd love to help um publicize her case to see if we can help them.

SPEAKER_01 27:18

Daily dirt nap, money talks. On your life with Jared Dillion and Money Talk on the Liz Callaway show with Nick Summers.

SPEAKER_04 27:29

Six, he's here a little early. Jared Dillion is his music.

SPEAKER_02 27:35

I was gonna say, Nashville. Did you provide this music? This music is by a guy named Kristoff, who is the guy I opened for Nashville's same guy. Okay.

SPEAKER_04 27:45

Do you need a backup dancer?

SPEAKER_02 27:48

I need to do it.

SPEAKER_04 27:50

I always wanted to be a go-go dancer in the cage.

SPEAKER_02 27:53

Yeah.

SPEAKER_04 27:53

That's always been my dream.

SPEAKER_02 27:55

Yeah.

SPEAKER_04 27:55

Because you know, like you can dance all night and not be bothered by anybody. That's a girl's dream, I'll tell you. Yeah. Just up in the cage.

SPEAKER_02 28:05

I remember I went to Pasha one time in New York. That club club's not around anymore, but they had stripper poles.

SPEAKER_04 28:11

For the patrons.

SPEAKER_02 28:12

Well, sometimes they have that invasion. Sometimes they had dancers, but sometimes just the girls would get up there. And I remember I was standing next to her one time and this girl kicked me in the eye.

SPEAKER_04 28:21

With her stiletto. I think that happened on Seaboard Street once. So yeah, what happened was the guy called her a snaggle tooth stripper. So she took her stiletto and shoved it in his eye. I was like, yeah. What? You take it. You take. I don't I don't support violence, especially at strip clubs.

SPEAKER_03 28:42

Or with stilettos.

SPEAKER_04 28:43

Yeah, but but you know, sometimes, man, you guys go too far. Snaggletooth? I mean, that would be. Don't look at me when you say that. Hence why I got braces. Um, so Jerry Dillion, I wanted to play a clip for you.

SPEAKER_02 28:58

Yeah, go for it.

SPEAKER_04 28:59

Because I know you're busy.

SPEAKER_02 29:01

Let's do it.

SPEAKER_04 29:01

By the way, my my backup dancer um offer stands.

unknown 29:05

Here we go.

SPEAKER_00 29:05

We have more people working in the USA today than we ever have working in the house.

SPEAKER_04 29:58

Your comments.

SPEAKER_02 29:59

So you you want me to talk about like the gas prices in particular?

SPEAKER_04 30:02

Yeah, I mean, on Rapid Response 47 on Twitter. I don't know if you ever followed that, but that's everything Trump. They combine everything. And um it's had a screenshot of Myrtle Beach News saying we're down 75 cents a gallon in Myrtle Beach. That was one of the bragging photos.

SPEAKER_02 30:21

Yeah, so crude oil uh peaked at $120 a barrel and now it's about $74. It's down a lot. Uh gasoline is actually a separate commodity. So even though crude oil is down like 40%, gasoline is not down as much because of refining bottlenecks and stuff like that, but it will come down. Um I I don't think it's gonna get back to where it was. I like I don't think we're gonna have 250 gas for a while. Um we'll get there eventually, but you know, we'll get before the war ends, though. No. So but it but like you know, like you said, it has come down a lot. It'll come down more. Uh I'm not worried about that. But you know, Trump's other comments about the stock market, he likes to brag about the stock market.

SPEAKER_04 31:04

Right hitting record numbers, he says.

SPEAKER_02 31:06

You know, I think I think the timing on this is interesting that I'm coming in this morning. So you you saw Green Span. Well well, you know, we'll talk about Green Span in a second, but um Warsh. Um we'll talk about Walsh in a second, but um the SP futures are down about a hundred points right now. Oh wow. This why a lot of reasons. Uh AI, SpaceX, uh tech. Look, this is the most expensive stock market in history. More than 1929, more than the dot-com bubble in 2000. Um, this is the most overvalued stock market in history. And you you're starting to get some data that um you know, we're having too many data centers. Uh there's there's too there's been a big investment boom into chips and other AI equipment. Um, and I think we're gonna have an oversupply of it, and I think it's gonna crash. So uh I think stocks are gonna go down a lot. And one thing I've learned in the last couple of weeks stocks in general or stocks in general tech stocks. Well, the tech stocks in particular, but uh it's gonna drag the whole market down.

SPEAKER_04 32:18

You know, it's so funny. I hate I don't mean to interrupt, but we interview P PC Maddox Rob Chang all the time. Uh-huh. And he says all the time that this whole AI thing is a farce.

SPEAKER_02 32:28

I mean, I don't I wouldn't say it's a farce, but he's But I think along the same lines that you're saying. Yeah, it's overblown. It's overblown, yeah. Um nobody owns bonds. So how like what what percentage of bonds do you have in your portfolio? What would you say?

SPEAKER_04 32:45

Darn it, Andy's gonna be mad. I don't know, but I'm very mixed. But I do have um I d I did buy them. Um and I I I would say like um the money that I got from my mom's house for her, half of it's in bonds for her.

SPEAKER_02 33:02

That's good. That's good. So the old rule of thumb used to be you would have your age as your percentage allocation of bonds. So I'm 52, so I should be 52% in bonds. Okay. If you're 70, you should be 70% in bonds. So I talked to a group of investors in Boston two weeks ago and I asked them this question. Yes, because they're safer. And also, as you get closer to retirement, you don't want a lot of volatility. Like if the market crashes right when you retire, then you're totally hosed. Right. Right. So I asked a group of investors, I said, How many people in this room have their age as a percentage allocation of bonds and nobody raised their hand? I said, Who has 40% in bonds and nobody raised their hand? There's a lot of 70 and 80-year-olds who have no bonds whatsoever. Yeah, they they're all in the bonds go slower. Yes, you must help it. If uh you should do this immediately if you are 60, 70, 80, and you don't have any bonds, sell a piece of your stocks, 20, 30 percent of your holdings, 50%, move it into treasury bonds, long-term treasury bonds. It you you must do this right now. I've seen charts of this. I've seen charts of like ownership of bonds over time. You know, back in the 90s, on average, people had 30 or 40 percent of their portfolios and bonds. Now it's about 13%. Like people just don't own them. And a lot of it's because, yeah, I'm sure you're gonna get some comments in the text line, but a lot of it's because, well, you know, the national debt is out of control and interest rates are gonna go up and we're gonna have inflation and all this stuff.

SPEAKER_04 34:49

Sounds true.

SPEAKER_02 34:50

It it's all true, but the reality is that right now our deficit is six percent of GDP, right? Which is high. But in 2010, in Obama's first term, it was 12% of GDP. Right? And people back then were freaking out about the deficit. Um, they're like, We're we're not gonna be able to sell these treasury bonds, we're gonna have failed auctions. The demand for bonds in the financial crisis was so high that interest rates went below one percent, right? So I would not worry about the deficit. Uh, like this is a narrative that is just totally out of control. Anyway, I'll get off my soapbox.

SPEAKER_04 35:29

No, I I I I think a lot of um financial advisors are fighting that battle with their clients because even I said, Are you sure we're in the right place? Because my other accounts are going up like exponentially compared to the bonds. Are you sure we're in the right place? Yes. Like, you know, it has to stay there. And I think that that like what you're saying is basically what he's saying to me.

SPEAKER_03 35:56

Yeah.

SPEAKER_04 35:57

Um, let's talk. Um, we need to take a break, right?

SPEAKER_03 36:01

Yeah, but let real quick, as we're watching the SpaceX rocket take off in our, you know, on the TV. You know, it it it started at 135, it they've made like $20 on a a share so far. You expect big things out of SpaceX stock?

SPEAKER_02 36:16

Uh I th I I do, but in the long term, I think the timing of the I mean they really time the IPO right at the top of the market. Um, you know, SpaceX, I think, got up to about a 2.7 or 3 trillion market cap. It's come off significantly since then. Um, this is a company that doesn't make money, it loses money. Right. Um, it's trading at 175 times sales. It's the most expensive IPO in history. Um, and also, you know, there's insiders who got stock that are their lockup is going to expire, so they're gonna want to sell. So uh I think that's gonna come down.

SPEAKER_04 36:54

Yeah, a lot of people who were employees were just celebrating on how much they're oh, there was a great story about this uh this Mexican guy who was a welder.

SPEAKER_02 37:03

Did you see that? Yeah, he was making twenty eight bucks an hour, and he got when he when he joined SpaceX in 2015, they gave him $10,000 worth of stock and he invested in an over time. And at the IPO, he was worth a million bucks. It's amazing. Yeah, it made it made quite a few millionaires. 4,400 millionaires. That's amazing.

SPEAKER_04 37:22

Yeah. All right, uh, let's take a break, and uh, we'll be back in the next hour with Jared Dillion. He's early today. I like it.

SPEAKER_01 37:34

It's a girl with Nick Summers. Listen, Nick, we'll be right back.