Join Andy Pate as he fills in for John Rush on this engaging episode of ‘Rush to Reason.’ We explore the importance of facing life’s fears head-on and the misconceptions that surround economic equality and success. Kurt Rogers from Affordable Interest Mortgage offers his insights into current trends in housing and financial markets, providing listeners with valuable advice on navigating the economic landscape in uncertain times.
SPEAKER 08 :
This is Rush to Reason.
SPEAKER 07 :
You are going to shut your damn yapper and listen for a change because I got you pegged, sweetheart. You want to take the easy way out because you’re scared. And you’re scared because if you try and fail, there’s only you to blame. Let me break this down for you. Life is scary. Get used to it. There are no magical fixes.
SPEAKER 08 :
With your host, John Rush.
SPEAKER 07 :
My advice to you is to do what your parents did.
SPEAKER 10 :
Get a job first. You haven’t made everybody equal. You’ve made them the same, and there’s a big difference.
SPEAKER 14 :
Let me tell you why you’re here. You’re here because you know something. What you know you can’t explain, but you feel it. You’ve felt it your entire life, that there’s something wrong with the world. You don’t know what it is, but it’s there. It is this feeling that has brought you to me.
SPEAKER 05 :
Are you crazy? Am I? Or am I so sane that you just blew your mind?
SPEAKER 11 :
It’s Rush to Reason with your host, John Rush.
SPEAKER 01 :
Filling in is Andy Pate, party of choice.
SPEAKER 11 :
And welcome to our number three here on Rush to Reason, KLZ 560. I’m Andy Pate filling in for John Rush on the line right now. We now have the Monday Mortgage Minute with Kurt Rogers of Affordable Interest Mortgage.
SPEAKER 20 :
Kurt, what do you have for us this week? Not a whole lot. Don’t say that too fast. The Monday Mortgage Minute, you’ll kind of end yourself in trouble. It is hard. It is hard. Monday Mortgage Minute. Monday Mortgage. I don’t know who thought of that.
SPEAKER 03 :
Anyhow, well, right now I’m actually thinking things and what I’m starting to see are going to improve over the next 60 days. There were people who are going to start to feel pretty good about it. How so? I think what you’re going to start to see is the economy is going to slow a little. Unemployment is going to increase, and that’s just standard because of all the people being let go that are going to file unemployment claims. And when that happens, even with the tariffs, the tariffs I do not figure are going to make the prices of the homes go up. So it’s not going to affect them. It’s going to affect people being able to afford it because inflation, according to some people, is going to go up, which I disagree with. I think it’s going to stay steady and continue to go down. You’re going to see a report that comes out on Friday that shows it’s gone down about a quarter of a point. And those are big numbers at this time with where they are. I agree. And that’s all going to start to indicate with inflation, or not inflation, but unemployment going up, you’re going to start to see the feds coming back in and going, okay, maybe we need to change the rates.
SPEAKER 11 :
You know, a quick question here, Kurt, because you’ve got a combination of two things. First of all, you have a lot of people being let go from the government. These are big paying jobs, right? And also, you’re going to have a lot of illegal immigrants who are being deported, being removed from the house buying chain. How is that going to affect housing?
SPEAKER 03 :
Well, there’s not enough homes out there, so the demand is far exceeding the supply. That’s why homes, the numbers just came out, they averaged for 2024 at 4.86% appreciation. Now, many people will tell you they depreciated. They didn’t. They still went up, and they’re going to continue because there’s not enough of them. Even if you take some of the population out of being able to buy, the demand is still going to be there, and it’s going to continue to increase. I personally Do I think rates are going to go down below six before the end of the year? No. But do I think they’re going to start to go down a little at a time? Yes. And now is a good time to kind of be prepared either to refinance when they get to the rate you want or to purchase. There’s some programs I’m coming out with in about a week that I’m going to talk about that is just extremely helpful if you want to buy a home. They’re designed if you want to buy a home.
SPEAKER 11 :
All right, good advice. Hey, tomorrow, Haystack Help, Tuesday, noon to 1. What do you got for us tomorrow?
SPEAKER 03 :
I’ve got a guy on the show. His name’s Phil Wilson from Serta Pro Painting. We’re going to kind of walk through. If you want to upgrade your home a little bit, have it painted. He’d give you some great advice.
SPEAKER 11 :
Awesome. All right, Kurt, thank you so much. And John will be back next Monday, so say hi to him for me, will you? I will do that. You take care. Stay warm. You take care, sir. I will do so. And up next, of course, is Affordable Interest Mortgage with Kurt Rogers. If you need a loan, call Kurt at 720-895-0500 or you can go to AIMortgage.net.
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SPEAKER 11 :
And welcome back to Rush to Reason. Denver’s Afternoon Rush, KLZ 560. Andy Pate filling in for John Rush. On the line right now, we’ve got Jersey Joe. Joe, how you doing? That was better. Are you there? I’m here. I’m here. Can you hear me? Now I can hear you. Yes. Go. I’m doing good. How’s my Goomba doing? I’m doing all right, man.
SPEAKER 06 :
Good. Glad to hear it. Glad to hear it. What do you got this week? I got all sorts of stuff, but let’s start off with a little humor. I’d like you to, this is from last week. This is our former vice president of the United States, And this is the woman who came within a few million votes of being our next president. And this was her last week talking about vacuums. And just think about this person could be our president right now. Can we play this clip of Kamala from last week? Here we go.
SPEAKER 15 :
We see things that are being taken. But also let’s see it as, you know, nature pours a vacuum. So where there’s a vacancy, then let’s fill it. Right? And let’s know that the reality is that the progress of our nation has always been about the expansion of rights, not the restriction of rights. We’re seeing a U-turn right now. But we have to keep fighting. For those rights to be maintained, which means we have to be vigilant. And it’s just the nature of it. And it doesn’t mean we don’t see the beauty in everything. Right? These things all coexist. But I believe we fight for something, not against something.
SPEAKER 09 :
And that’s our optimism, right?
SPEAKER 11 :
You know, Joe, for the rest of the show, no matter what you say, I’m just going to go, mm-hmm.
SPEAKER 06 :
Yeah, you know, with the crowd, mm, yeah, oh, yeah. Now, by the way, here’s a question. Do you think she was sober when she gave that little speech? Jeez, who could tell? No. Didn’t seem it, but. I didn’t see it, but just, folks, that person could be the president of the United States right now if it wasn’t for her. four or five million votes that could be the president united states oh i know i mean donald trump dodged a literal bullet and we dodged a um figurative one uh yes it and uh and thank you know thank goodness for uh whether it be fate or god or whatever that he survived both of those attempts um But yes, we are so lucky that we have Donald Trump as our president today.
SPEAKER 11 :
Joe, just a second. Before you even get into your stuff, and maybe if you want to tell me, Andy, let’s table that for a little later. We can do that. But I got to ask you, the Pope. Okay. You’re not Catholic, are you? Yes, I am. Oh, you are Catholic. Oh, good. That’s way better. I was hoping you would be. I’m not. But I have never heard a Pope be so… Okay, create so many people, Catholics not happy with him. I’ve never heard so many Catholics complain about a pope. And now, of course, he is, you know, very ill. And, you know, we’re certainly praying for him. We certainly hope he’s going to bounce back, but perhaps he won’t. Okay, I don’t know. But let me ask you this. Does the Catholic Church, if this were to be the end for him, do they make the same mistake again? Do they choose another hard left Marxist to be Pope again after all the firestorm? Or do they go back to a more conservative direction? What do they do?
SPEAKER 06 :
You know, Andy, I don’t know. Unfortunately, I think there’s the same people that helped elect him last time are still there. So I think. uh… they’re still going to lean in that direction
SPEAKER 11 :
Okay, last question. How does that affect the American Catholic Church? Because an awful lot of American Catholics love Donald Trump, okay? And because of that, they’re very disenchanted with their leader. And I understand. Look, there’s a difference between him speaking ex-cathedra and him just speaking politically. I understand that. I get that. I don’t think that he is giving God’s politics to people. I get that. He’s just a person with his political view. And then when he speaks ex-cathedra, then that’s meaningful to the church. But would that be hard on the American Catholic Church if they were to choose another one like this?
SPEAKER 06 :
I think it would, Andy. As you’re probably well aware, the Catholic Church has had declining church attendance for several decades now. And by the church attendance among young people is down in like the teens. You know, it’s so, so small. And I think if they continue on that route, they’re going to continue that downward trend. I think if they had a conservative hope that they might either stall or reverse that trend, because I think so many people, including myself, have become disenchanted with the Catholic Church. So, again, I think it’ll be a continued steady downhill slide. if they elect another pope like this one, you know, if and when he passes. That’s just my personal opinion. Okay. Anyway, what do you got for us? Well, by the way, since you asked me if I was Catholic, here’s a little trivia for your listeners. Go ahead. You know the difference between somebody whose name ends in S-K-I and somebody whose name ends in S-K-Y? What is it? If your name ends in S-K-I, you are typically a Polish Catholic. And if your name ends in S-K-Y, you are typically a Russian Jew. So there’s your little name trivia for the day.
SPEAKER 11 :
I did not know that. What about Zelensky? You are a Ukrainian dictator?
SPEAKER 06 :
And you’re Jewish. And you’re Jewish. Anyway, where do we start here? Let’s talk about layoffs. Yeah. You know, everybody’s, oh, it’s cruel, these indiscriminate layoffs. Well, in the past week, Jeff Bezos of Blue Origins, who owns Blue Origins, the space launching company, He laid off 1,400 people, and today it was announced that Starbucks is laying off 1,000 people. Media doesn’t seem to care when private industry lays off thousands of people. Only when it’s Donald Trump laying off government employees.
SPEAKER 11 :
Yeah, I know. It blows my mind, too, because they’re not productive. Look, we have to keep in mind, Biden dramatically upped the hiring, didn’t he? He did.
SPEAKER 06 :
He did. Hiring and spending. And the two go hand in hand. If you’re going to spend more money, you need people. And here’s a staggering number. I may have mentioned this last week. You know, the Trump tax plan, which, by the way, people say, well, he cut our taxes. No, he cut the tax rates. The tax revenues have continued to soar. By the way, Reagan did the same thing. Reagan cut tax rates by 40%. And in the six years following his tax rate cuts, Tax revenue soared by 75%. Well, the same thing has happened with the Trump tax rate cuts. In the past seven years, they went into effect in January 1, 2018. In the past seven years, tax rates have steadily grown. They continue to generate new all-time record highs. They’re up 46% since 2017. And to put this in perspective, in 2017, which was the last year of the old Obama tax plan, Tax revenues were barely creeping along at barely increasing just a little bit over 3% per year. It was less than 3.2% a year. And here we have Trump has, with his tax rate cuts, have managed to get a sustained rate of growth in tax revenues of almost 6.5% per year.
SPEAKER 11 :
Yeah, I don’t understand why leftists are complaining about the Trump rate cuts because those rate cuts increased the disparity between what the rich and the poor are paying. It made the rich pay a higher percentage, okay? Because as a percentage of the whole of what they paid, they got a much lower tax cut across the board than the middle and lower levels.
SPEAKER 06 :
Well, actually, some of the, by the way, the top 1%, The only thing that happened there, the top rate was 39.6%, and he cut it by 2.6 percentage points down to 37. It was a tiny, tiny 2.6% drop in the top tax rate, and even that tiny top rate cut was partially, in some cases, completely offset by the new $10,000 cap on itemized deductions for state and local taxes, which are state income taxes and property taxes. And if you’re somebody that owns six houses or you own a $14 million mansion. Yeah, it’s nothing. It’s nothing. So that tiny 2.6% drop in your top tax rate was partially, in some cases, completely offset by that new cap on itemized deductions. Meanwhile, on the bottom end of the scale, many on the bottom end of the scale saw a 30, 40, 50, and in some cases even 100% reduction in their total federal income tax. And here’s a statistic for you. Back when these went into effect, the median U.S. household income was like $62,700. And under the Trump tax plan, that family’s tax rate went from around $2,000 a year to they now pay less than zero. Right. They get a net tax. So they had their taxes reduced by more than 100%. Now, since they were only paying $2,000 to start with, It’s not a big number in terms of measured in dollars, but in percentage terms, the bottom 50%, actually the bottom 75%, got huge reduction in tax rates.
SPEAKER 11 :
And this is why I was angry at Trump. Look, I’m not rich. I’m not in those high echelons. So I’m not talking about me or what benefits me at all, Joe. It did benefit me, and I don’t like it. I don’t want to benefit that much. It angered me because the wealthy… who create so many of the jobs and the investment and drive so much of the industry. As you said, they only got 2.6 shaved off of 39.6. What is that, about 7% off their total? And then you said that was even offset down lower. And then let’s say somebody were, I’m using round figures here, okay, because I don’t want to look at all the brackets, but let’s say somebody before the Trump tax cuts was paying 20%, okay? and they got that cut to 15, that’s a 25% cut in their rates, whereas the rich get, what, a 7%. And this is what people don’t seem to understand. The people at the lower echelons had so much cut that when you took out deductions, they weren’t paying anything. And these people are actually saying that Trump did tax cuts for the wealthy. If there’s anything that the Schumers and Pelosi’s and AOC’s say that really infuriates me, And Bernie’s is that it’s a lie. It is a numerical lie. It’s not just a lie where I look at it and say, oh, gee, you’re lying. There was no Russian collusion. No, no, no, no. This is straight numbers. They’re flat out lying.
SPEAKER 06 :
I think my quote of the week last week, the week before, right now, if you repeat a lie often enough, it becomes accepted as fact. Right. And that’s where we are. And by the way, just to go back one more statistic, you talk about how much the rich are paying. The top 1%, and this is based on data published by Biden’s IRS. This is from last September. This is not Trump’s. This is Biden’s IRS last September. The top 1% now pay more in income taxes than the entire bottom 90% combined. And the percentage of all income taxes being paid by that top 1% is also at a new all-time record high. They’re paying 46%. of every income tax dollar paid in this country despite that tiny rate cut.
SPEAKER 11 :
Yeah, but you’ve got to keep in mind, you always hear the leftists who say, well, that’s because they’re making that much more money. No, they’re not making that much more money. They’re paying 46% of the taxes. What percent of the wealth are they making? Well, the income, they account for 22% of the income. Right, so they are paying over twice their share. All these people who say you need to pay your fair share, really? That 1% is hauling in 22% of the income and paying 46% of the taxes. Wrong. Not fair share.
SPEAKER 06 :
By the way, how did you know that I would know what percent of the income they have?
SPEAKER 11 :
Well, you always talk about this. We’ve gone back and forth on this for years. But you’ve known for years that there’s really nothing that angers me more than this, is there?
SPEAKER 06 :
No, it’s a big lie. And by the way, as you know, I spend 30 minutes every morning on these liberal websites and people are, well, the rich need to pay their fair share. And I can’t tell you how many times I’ve asked this question over and over because I’ve quoted this statistic. You know, the top 1% are paying more than the bottom 90% combined. And by the way, the top 10% are paying less. 76% of all the income taxes in this country. And I ask the simple question, if that is not already their fair share, then what percentage would be? Do you know in two years I have yet to get an answer, a straight answer to that simple question? Nobody can answer the question in numeric figures, you know, what would that fair… If those figures aren’t their fair share, then what would be? Nobody can answer that.
SPEAKER 11 :
You know, one of these days, maybe tomorrow, because I know you’ve got other stuff prepped for today, I would like to hear just some of your projections, what you think we’re going to save from deporting so many illegal aliens. Because all these people who say they’re the backbone of our economy, no, they’re not. They cost a lot.
SPEAKER 06 :
I actually did a little analysis because somebody said, well, you know, they pay all this money for Social Security and they don’t qualify for Venezuela. I calculated the annual cost to society. I’m talking medical. I’m talking education for the kids. Yeah, all of it. And by the way, I don’t know if you know, Denver General is running an enormous deficit because Denver is a sanctuary city. And virtually every illegal alien and their children in the city of Denver, when they need, they don’t have doctors, they don’t go to general practice, they go to Denver Medical. And there are tens of millions of dollars of deficit
SPEAKER 11 :
treating uninsured uh illegal aliens in the city of denver yeah yeah that’s money that’s money that’s not going to cops that’s money that’s not going to firemen that’s money that’s not going to nurses that’s money that’s not going to an awful lot of people joe and it really infuriates me you know they’re starting to wake up in chicago you can see people starting to wake up because it got so out of hand i don’t know if it ever will in denver we are so stupid i know uh uh
SPEAKER 06 :
You know, Denver may be too far gone, and so is Boulder for that matter.
SPEAKER 11 :
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SPEAKER 08 :
The best export we have is common sense. You’re listening to Rush to Reason.
SPEAKER 11 :
And welcome back to Rush to Reason. Denver’s Afternoon Rush. KLZ 560. Andy Pate filling in for John Rush on the line. We got Jersey Joe. Joe, what do you got for me?
SPEAKER 06 :
I wanted to get back to the government cuts. And by the way, it was interesting. Federal judge last week ruled that Trump had every right to cut those USAID employees. So that’s a win. Yes. There’s a lot on the left saying Trump’s cutting too deep. He’s cutting too fast. You know, he needs to slow down. He needs to use a scaffold on a chain. So I know how many people know who Kevin O’Leary is. He’s he’s on Shark Tank. They call him Mr. Wonderful. You know, he’s a billionaire investor, real hard nose guy. And Kevin O’Leary was on CNN last week talking. Somebody asked him about, do you think Trump is cutting, you know, too deep, too quick? And here was Kevin O’Leary’s reaction to the question.
SPEAKER 18 :
I think the issue is they’re not whacking enough. There’s this concept in private equity when you get a bankrupt company and you go in there, you cut 20% more than your initial read. And then you find like a pool of mercury, the organization gels back together again. Always cut deeper, harder when there’s fat and waste. The FAA, it’s not the people. The code is cobalt. It’s from the 60s. It needs CapEx put into it for the technology to be upgraded to make it safer. Fat like a chicken. All of these agencies are like big, fat chickens dripping over barbecues of fat. This is the best barbecue I’ve ever seen, but I don’t think it’s happening fast enough. They’re not cutting enough. Keep slashing. Keep hacking while you have a 24-month mandate before the midterms. Cut, cut, cut, cut, cut, cut. More. More cutting. Believe me, it’s going to work out just great.
SPEAKER 12 :
Everybody should be happy about this.
SPEAKER 18 :
Even people with their nuclear codes? Cut them too? Cut everything. Because if you don’t see what they’re doing and they can’t show you that they’re adding value, you’re whack. I love it. I just love it.
SPEAKER 06 :
Go ahead, Joe. COBOL is an ancient, when I say ancient, it’s a 40-year-old software programming language. And that’s what the FAA computers are running on COBOL. And when he talks about CapEx, he’s talking capital expenditures, capital investment, meaning we need to spend money to upgrade these ancient systems. Now, you say, well, if you’re spending money, how is that saving money? Well, when you have ancient systems, and I’ve dealt with this throughout my career, when you have ancient systems, you compensate for the weaknesses in those systems with people. You know, they wind up, you know, taking stuff out of one system and manually inputting into another. So you can say, well, if we’re going to spend CapEx to upgrade, you upgrade to integrate and streamline these systems. And when you do that, a lot of the cost goes away. And so that’s what he’s talking about, getting rid of programs written in a 40-year-old programming language and spending money to update and streamline to make things run faster and more efficiently. So that was his reference to Cogol and CapEx.
SPEAKER 11 :
Joe, really quick here. Do you think the Democrats are painting themselves into a corner here? And what I mean is this. If you’re going to tell everybody we’re going to be doomed, doomed, doomed, doomed, doomed without all these positions, and then we cut all these positions, I’m not saying there won’t now and then be something that we miss out on. Don’t get me wrong, because we’re not using a scalpel. But if we cut all these positions… And then people feel very little impact in their lives. What does that do to the Democrats?
SPEAKER 06 :
It makes all of this wailing and gnashing of teeth. It shows how out of touch with reality they were. And I think that’s exactly what’s going to guess. So are there going to be the occasional hiccups and slips? And are the Democrats going to make, you know, huge MSNBC and CNN going to make front page news out of that? Yeah, absolutely. But I think it’s going to be few and far between. I think the good is going to far outweigh the bad. You know, right now we’re borrowing 43 cents of every dollar we spend. Even Jerome Powell, head of the Federal Reserve, who’s no friend of Trump, two weeks ago in testimony before Congress, even Jerome Powell said the path we are on is unsustainable. And again, Jerome Powell is no friend of Trump, but even he told Congress we can’t keep doing what we’re doing. We have to stop it.
SPEAKER 11 :
Absolutely. OK, what else you got?
SPEAKER 06 :
Let’s talk about Oh, the big hubbub about the six-person Doge team. By the way, the six-person Doge team is spread out, and one of them was over at the IRS, and the left was going ballistic over one of those Doge people being able to look at IRS data. Well, it turns out during the Biden administration, the Biden administration had given 991 people who were not IRS employees access to the same data, and of those 991, 226 weren’t even government employees. They were independent contractors. So the left is getting all bent out of shape about one MIT graduate being able to look. But it’s called read-only. When you have a computer system, there’s a different level of access. You can have read-only where you can look at the data, but you can’t edit it, alter it, or delete it. And all they have is read-only data. And yet the Biden administration had 991 non-IRS people, including 226 outside independent contractors, Looking at the same data, left didn’t seem to be the least bit concerned about those 991 people when it was Biden saying, okay, you can look at this data.
SPEAKER 11 :
You know, there’s a problem, though. People don’t hear that. Of course. I mean, you know, it just drives me absolutely crazy here, Joe, because you’re right. What they are doing is they are complaining that Trump is jaywalking, you know, when they were blowing up buildings. I mean, by comparison, you know what I mean? It’s just crazy. Here they had so many people with so much access and who are so intrusive into our lives with government information and with our private information. And my gosh, think about what they did with COVID. They did all of that. And now they’re concerned that one guy has access read only to our private information.
SPEAKER 06 :
Yep. And by the way, the reason that the, what I call my podcast, I call it the situation with Jersey Joe. It’s news in perspective. You won’t hear in TV because most of what we’re going to talk about on TV is If you do a Google search, you won’t find ABC, CBS or CNN reporting any of what we’re going to talk about tonight. Right. Some of this stuff should have been front page headline news. And it isn’t. They just they just. Oh, here’s the I think we talked about this last week. You know, the Biden administration was averaging seven thousand border encounters a day during the fourth quarter of last year. And last week we said last Sunday that number had dropped to two hundred and twenty nine. That should have been, had Biden done that, it would have been front page news. It was a virtual news blackout by the mainstream media.
SPEAKER 11 :
You know, and I’d like to correct some of the information that the Biden administration, don’t worry, it’s real quick, that they keep putting, that their sycophants keep putting out and saying, well, we deported this many people. Yeah, Trump’s deporting more, but we deported a fair number of people. I got news for you. You want to know how many people Biden’s team deported?
SPEAKER 09 :
Zero.
SPEAKER 11 :
Zero. Because they all came back, Joe. What good is deporting somebody when you have a wide open border and they just come back in?
SPEAKER 06 :
You’re not deporting anyone. Some of these people that have been arrested for murdering and assaulting people. You know, you read where they were deporting three pre-assigned, prior times, you know, multiple prior deportations, and yet they keep coming back.
SPEAKER 11 :
Exactly. Now, when they leave, you can say, well, the numbers aren’t going as fast as they want. And I understand Trump, you know, they’ve reassigned one of their people because they want to see the numbers get faster. That’s great. It’s probably a good thing. But, Joe, all the people who are leaving are staying out. That’s what people don’t seem to understand. That’s the big difference.
SPEAKER 06 :
Right, because they’ve been told if you come back, we’re going to throw you in jail. And if you do come back, you’ll never be allowed to enter the United States again. Even on a visa, you can never apply. So it’s put the fear of God into them. I agree. So, by the way, let’s talk about some more waste. Here’s Senator Rand Paul. We all know who Senator Rand Paul is. Now, I don’t know if most people know this, but we’re $37 trillion in debt. And a lot of foreign governments buy our government IOUs when they’ve got spare cash. so that China owns about 5% of our U.S. national debt. They own a couple of trillion of U.S. debt. And here’s what Senator Rand Paul found, and nobody really cared about it. So this is from his tweet. Senator Rand Paul, speaking of which, buried in the foreign aid reports last year, I discovered something. We give foreign aid to China. So our government is so dumb, it is literally borrowing money from China… only to give it back to them while we are paying interest on the money they borrow, on the money we borrow from them.
SPEAKER 11 :
How stupid is that? That is so spectacularly dumb.
SPEAKER 06 :
Spectacularly dumb.
SPEAKER 11 :
I mean, when they’re holding our debt. And by the way, why would anybody think that China needs aid? I mean, just think about that.
SPEAKER 06 :
They don’t need aid. They don’t. And if they need it, let somebody else give it to them. We don’t have it.
SPEAKER 11 :
Why was all this? You know, we talk about the fact that we had all this money going through actually multiple departments to the Wuhan lab, right? Right. We had multiple, not just NIH. We had multiple departments sending money to the Wuhan lab. Here’s my question. Why does a Chinese lab, even if it’s not producing COVID like it did, why does a Chinese lab need our money? Are you telling me the Chinese have no money to fund a lab?
SPEAKER 06 :
Of course they do. Of course they do. How ludicrous is it that they don’t have money? Let’s talk about some more government waste. One of the things that Doge found is that they found $20 billion in parked in commercial bank checking account. Now, in theory, all of our money is supposed to be in the treasury. And if you want to spend money, you issue a contract to somebody and they send a bill in and then you approve the bill and you send it to the treasury for payment. Well, Biden administration parked $20 billion.
SPEAKER 11 :
Was this through the EPA?
SPEAKER 06 :
Yes, the EPA. And of that $20 billion, which by the way, was parked in a, and by once it’s in a bank account somewhere, It’s not there to be audited, whatever. But those discovered of that 20 billion, 2 billion went to a, and this is from the Environmental Protection Agency. So in 2023, Stacey Abrams, the failed governor, you know, she ran for the governor of Georgia, failed. She started a nonprofit, had nothing to do with, you know, environmental protection agency. And the Biden administration gave her nonprofit a $2 billion grant. Now, you know how much money they had raised prior to receiving that grant? How much?
SPEAKER 1 :
$100.
SPEAKER 06 :
Okay, so they had already gotten a good start. Right. So of all the organizations, you know, if you’re the EPA and you want to help fight climate change, there’s a lot of big organizations out there that are well-established. You know, they’ve got professionals and engineers on staff and whatnot. Stacey Abrams just had herself and a couple of community organizers. And the Biden administration said, yeah, we think this organization deserves a $2 billion, what would it be, $2 billion grant from the EPA to help fight climate change. And, of course, you know, the first thing that happens when they get that type of money, the first people they pay? Them? Themselves. Yeah. Stacey Abrams sets herself up as the CEO of this newly formed nonprofit, $400,000 a year. you know, is her salary as a CEO. Doing nothing. Doing nothing. And their organization has zero expertise in terms of, you know, fossil fuels, CO2 emissions.
SPEAKER 11 :
Look, Joe, the bottom line is this. The American taxpayer has been funding one of the two political parties.
SPEAKER 06 :
Yep. Period. Period. And we can all guess which political party that was, right?
SPEAKER 11 :
Yes. It drives me insane. Let’s take a break. We’ll come back with more of this because I’m loving it. Up next is Flesh Law. Kevin Flesh, that’s F-L-E-S-H. He represented me and my wife on a traffic accident. And we won easily. No one’s better than Kevin. So call Flesh Law at 303-806-8886 or go to FleshLawFirm.com.
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SPEAKER 08 :
This isn’t Rage Radio. This is Real Relatable Radio. Back to Rush to Reason.
SPEAKER 11 :
And welcome back to Rush to Reason. Denver’s Afternoon Rush. KLZ 560. Andy Pate filling in for John Rush. And online we got Jersey JoJo. Hang on one moment. I need to say happy birthday to the most beautiful woman on planet Earth. That is my blushing bride, Cori. It’s a very exciting day. She is finally old enough for us to be married legally. So this is going to be… Yeah, we got to come out from the shadows and, you know, no longer living in legal sin. So that’s wonderful.
SPEAKER 06 :
Well, happy birthday, Corey. All right.
SPEAKER 11 :
It’s wonderful. Okay, go ahead, Joe.
SPEAKER 06 :
All right, my quote of the week. I don’t know if you know the Russian novelist and journalist Dostoevsky. He died about 150 years ago. Here’s this from 150 years ago. And it’s so true. And talk about how true it is today. And here is a quote from 150 years ago. He said, and of course, this is translated from the original Russian. He said, tolerance will reach such a level that intelligent people will be banned from thinking so as not to offend the imbeciles. Is that where we are today? Wow, that was prophetic. Let me read that again. Tolerance will reach such a level that intelligent people will be banned from thinking so as not to offend the imbeciles. I mean, how many people get banned? You know, we’re getting banned from these social media sites because they dare question some of the DEI things and the transgender stuff. Well, look at all the people.
SPEAKER 11 :
Look at all the protests over DEI. Over DEI. My gosh, it’s crazy. It’s like, folks, you do realize it’s bigotry. You are protesting the fact that we are no longer funding bigotry. I mean, come on.
SPEAKER 06 :
Yeah, it reversed discrimination. By the way, talking about funding, here’s some more things Doge is uncovering. Now, you remember the $5.7 trillion in 2020 the Democrats proposed and passed with veto-proof majorities, three separate bills. We had the stimulus, the $1,400 stimulus check. We had the federal supplement to unemployment. And we had all these COVID funds. We were literally shoveling money to these states and municipalities. Well, Doge found that the Santa Ana School District, Consolidated School District, took $393,000 of their COVID money, COVID relief funds. You know what they spent $393,000 of their COVID relief money on? On what? They decided to rent the Los Angeles Angels baseball stadium for their high school graduation. Unreal. I mean, come on. You rent an entire baseball stadium for more than a quarter of a billion dollars. I’m sorry, for a quarter of a million dollars for a high school graduation.
SPEAKER 11 :
These people were living so high on the hog off our tax dollars. I’m just hoping that more and more American people understand. Let me ask you this, Joe. Because this is being done through Elon Musk, do you believe he will ultimately get the word out to where not just the right-wing media hears about it, but it gets out to more Americans?
SPEAKER 06 :
Yes, and it is getting out. Obviously, he’s got his huge platform with X, and because he is who he is, the media does cover him, not always flatteringly, but they are covering him. So the word is getting out. So I see that every day. Now, the mainstream media is still dragging their feet and trying not to cover it, but it’s getting out. It absolutely is getting out. Hey, I know we’re running out of time. Just a couple of more quick ones. Doge found… you know, they’ve been trying to audit, you know, who, where are we spending our money? Who are we paying? What are we buying? And when you’re paying, and we talked about how all these payment requests were going into treasury with no vendor code, no, no commodity code, no explanation. We talked about that last week, right? Yeah. It was simply, you know, please approve this invoice for boom, boom, boom. It’s through ABC Inc. And nobody knew what ABC Inc was, what we got from ABC. It was just, you know, a payment request. Right. Well, Doge found that floating around in the United States, there are 4.6 million government credit cards generating 90 million transactions a year. And they’re sending these credit card bills into the Treasury for payment every month. So if you send in a $30,000 credit card bill, the Treasury issues a check to Capital One When you try to order that, can you see what was bought? Because no, because you don’t know what that $20,000 worth of stuff was. What did we buy? Who did we buy it from? Why did we buy it? All you have is please pay Capital One Visa $20,000 this month. So that’s another way we’re burying all sorts of payments. that in, in a, in a manner to prevent them from being audited.
SPEAKER 11 :
So how much, how much trouble do you think it’s been for all these investigators to go into these departments where the Democrats had to be burning, slashing, shredding all the information they possibly could over the last couple of months?
SPEAKER 06 :
You know, I don’t know. I suspect there’s been, well, and I did read where they, they have found some attempts to, to bury some of this stuff, you know, destroy some of the paper records. Um, But they’ve been able to go back and resurrect some of these things. You can go back to the credit card companies and say, I want to see the detailed statement for this credit card charge for the month of July of 23. They can do that. But it makes it so, so difficult. We’re talking 90 million credit card transactions a year. And that’s almost impossible to audit. And when I talk about audit, when you have treasury checks, You can do a rank order. You can say, okay, list them by biggest dollar amount, number of checks issued. You can do all sorts of search. And then when you do your audit, you do pinpoints. You can say, let’s start with the guy, the top 10 suppliers. What did we buy from these top 10 suppliers? Why did we buy it? Was there a contract, et cetera? When it’s buried in 4.6 million credit card statements, you can’t do that. You cannot audit 4.6 million credit card statements every month.
SPEAKER 11 :
You can’t find those needles. The haystack’s too big.
SPEAKER 06 :
Haystack is too big. So that’s another thing that has to be clamped down on is the 4.6 million credit cards floating around out there. What have we got? No time left?
SPEAKER 11 :
I’m going to find one and fill my tank. You’ve got a minute. Go ahead.
SPEAKER 06 :
Death of the bullet train. Trump just pulled the plug on the California bullet train. Yes. Which, now, if Newsom wants to keep funding this fiasco, which, by the way, was supposed to cost $16 billion to be completed in 2013, the new completion date is 2100. And the cost has gone from $16 billion to $100 billion. And there are no trains, no tracks running. So he’s pulled the plug on that. So it’s going to be interesting to see if the Newsom is going to go ahead with the California bullet train project, which, by the way, is supposed to be a straight shot from L.A. to San Francisco. He’s got to kill it.
SPEAKER 11 :
He has to.
SPEAKER 06 :
If he doesn’t have federal funds, he has to. He has to. And I think he’s been looking for it. I think he knows this thing has become a boondoggle. And I think he’s been looking for a way out. And I think this is his way out. Because this thing has become an albatross. It’s going to sink the government of California. They can’t afford it. If they ever get it running, it’s a fiasco. By the way, it no longer goes L.A. to San Francisco. It goes all the way out through Fresno and out through the valley towns. Well, in theory. What was supposed to be a 90-minute train ride would now be a four-hour train ride. Because what’s the sense of having a 150-mile-an-hour train… If you have to stop every 30 miles, you can’t get up to speed before you have to start braking. If the distance between stops is 30 miles, you can’t get the train up to 150 miles before you have to slow it down. So the 90-minute ride from L.A. to San Francisco is now four hours. And who would ride a four-hour train ride between L.A. and San Francisco when you can do it in 45 minutes on a plane?
SPEAKER 11 :
Well, apparently a lot of government workers would have time to do that. I’m just saying, you know, they apparently had a lot of time on their hands, and I’m glad that they are going to be coming back to the office or not coming back at all. Joe, you’re going to be back tomorrow at 5, correct? Correct. I’ll talk to you same time, same place tomorrow night. Same bad time, same bad channel. We’ll see you then, sir. All right. Take care, Andy. Bye-bye. Folks, that’s it for today. Our number one replay is next. And Tanner Coleman joins me tomorrow. Tanner Coleman, man, that should be fun. Until then, drive safe, God bless, and thanks for joining us at Rush to Reason, KLZ 560.