Allen Jackson NOW

Allen Jackson: Debt Reckoning | Allen Jackson Now

July 30, 2025 | 21:52

George Seay joins Allen Jackson to discuss current events.

#News #Media #Economy #Government #Politics #Culture #Education

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Allen Jackson NOW | Allen Jackson: Debt Reckoning | Allen Jackson Now | July 30, 2025

Well.
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Good evening.
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I'm alan jackson, and welcome to nashville.
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It's been a real education to hear how our government
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Has been spending our money all these years with little
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Or no input from us, the taxpayers.
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First, it was the spending for usaid, including industrial
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Park offices in afghanistan that had no power or water.
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The $300 million
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For the kandahar helmand highway that fell apart.
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Tv soap operas in latin america.
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Diesel generators in pakistan
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And south sudan without any available diesel fuel.
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And birth control
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And sterilization programs in asia and latin america.
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It's enough to make you want to hide your wallet.
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Well, now, we've heard about the $50 billion for universities.
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Even though harvard already
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Has an endowment worth more than $50 billion of their own.
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Well, why is that, you might ask?
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Well, the good news is that
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Things are starting to turn around.
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So we brought in our top financial guest from dallas,
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The chairman of annandale capital, george c.
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Welcome back george.
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Thank you alan.
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Always great to be here.
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Well, maybe elon musk wasn't the right guy in the end,
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But isn't it
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A breath of fresh air to have president trump
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A successful businessman
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Trying to run the government budget
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Like you did in private industry,
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Especially with the national debt of almost $37 trillion?
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It's a wonderful change.
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It's great for the country and it's great to see.
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But but you just summed up the the major problem.
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So if you want to
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Get to the major problem and not making some subtle progress
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On the margins,
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You have to look at the interest on the federal debt
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And the size of the federal debt.
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And the interest on
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The federal debt is over $1 trillion a year.
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Now, it's larger than the department of defense budget.
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And the reality is, you can eliminate our aid.
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You can eliminate education.
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You can eliminate commerce.
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You can eliminate lots of federal federal agencies.
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And you're still not going to make a big dent in it
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Until we reform entitlements.
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So that's going to be the next big task is to do that
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And to rein in federal spending, which we haven't done yet.
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Both parties, a pox on their houses,
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Neither one of them are willing to really rein in spending.
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Well, can you think of any good reason
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To be funding projects at harvard?
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It's far out of tune with the american agenda.
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They already have billions of dollars in the bank.
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Never mind all the other schools
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That they get money to for whether we pay in taxes.
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Seems like we've got to change that.
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I don't know why anybody would, would,
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Would fund harvard these days or write them a check.
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Their endowments, almost $60 billion
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That i think the education for their undergraduate students
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Should be free with all that, that the size of that endowment,
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It's just ignore.
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And, you know, i think that these these fat
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And happy universities, especially the private ones
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Actually, that have been dependent
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On the federal government for a long time
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For research dollars and other spending dollars
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That they didn't really earn or they shouldn't really get it.
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It's like they've been shocked into reality
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That they're not entitled to that money,
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And that's the taxpayers money and not their money,
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And that it's going to get cut off
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Because they don't deserve it anymore.
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They've been using it to run pet far left programs,
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And this is a refreshing breath of fresh air
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That they're being held to account
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For lots of misuse of funds for a very long period of time.
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You know,
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It seems that the president is looking at every corner,
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Even at how much the chairman
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Of the federal reserve is spending to rehab his
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Three office buildings, over $3 billion in total.
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Of course,
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President trump had an interest rate
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Push in mind when he put on that hard
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Hat and took the tour of jerome powell.
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Listen to how it went.
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I believe that the chairman is going to do the right thing.
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I mean, it may be a little too late.
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As the expression goes,
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We should have the lowest interest rate.
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And if you took it down three points, not a little bit,
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But three points if you got us down to one,
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We would save more than $1 trillion.
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Or his push might have worked, because some people on wall
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Street are talking about a cut of up
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To a half a point by the fall, possibly even more later.
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Is it time for the fed chairman to cut the rates?
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George?
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Not yet.
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No. i do think we're going to get to two cuts
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By the end of the year, alan.
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And i think we'll give 50 basis points of reduction,
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Which will be great that the fed try to do this last year.
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And when they cut rates by 100 basis points,
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That the ten year treasury note and the 30 year long bond
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Both went up dramatically.
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And that's the real problem in terms of the long term debt,
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Is keeping those long term
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Interest rates high, and we can't afford to do that.
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So i almost think the economy is going to have to slow down
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Sufficiently, and inflation's going to have to remain in check
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For them to be able to cut sufficiently.
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And that's the real
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Friction here right now is if you cut short term rates,
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The long term rates go through the moon.
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You can't really issue long term debt.
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And that's that's a real problem on the
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On the average interest rate across the federal debt.
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So we're we're a bit in a box right now.
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And it's going to solve itself eventually.
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But in the meantime
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You have the president the federal reserve chairman
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Kind of staring across at each other
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Seeing who's going to blink first.
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It's really kind of entertaining theater,
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Including that hard hat scenes you mentioned.
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That was pretty entertaining.
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The president has
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Repeatedly said that the high interest rates
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Are holding back the housing interest rates,
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With fixed rates loans still well over 6%.
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A lot of people with 4% loans don't want to sell
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And give up that rate,
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And a lot of potential new buyers
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Can't afford the higher rates.
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So tell us what lower rates
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Do to help businesses like yours and the market that you know
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So well?
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Well, higher rates means that profit margins shrink
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Dramatically because the interest on
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Your debt is is precipitously higher.
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And it cuts into your profit margins
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And it freezes economic activity.
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So lower rates are always better for the economy.
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But unfortunately we had
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About a 10 to 15 year sugar high of 0% short term rates.
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And we're never
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Going back to that again
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Because that was too
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Inflationary and created too much animal spirits
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In terms of people being too aggressive in risky investments.
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And we're kind of in a workout period right now
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Where we really want to try
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To get short term
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Rates back towards the rate of inflation around 2%.
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But we're going to need to be able
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To hold long term rates
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With the federal debt as high as it is,
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And the interest costs on that so high, around four,
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3 to 4% right now is about four and a half five
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That needs to come down along with short term rates.
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And until we get confidence
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In federal spending and that the economy's
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Not getting slow
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To the upside with inflation,
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You're not going to see long term rates come down to
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We got to have it all come down
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And i think it's going to happen.
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But i think it's about a year long process.
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It's not going to happen in the next three months.
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Well george, please stay for another segment.
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I'd like to discuss the big new u.s.
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Investments the president has negotiated
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With the european union, japan, and what that's going to mean
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To our bottom line.
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We'll be right back.
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We'll be right back.
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We're back now
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With the chairman of annandale capital, george c.
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Since we last spoke, the president has negotiated
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Two big trade deals,
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One with japan and another with the european union.
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Hundreds of billions of dollars of investment, including $750
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Billion of energy that the europeans
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Have committed to buying from the u.s..
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Now, your specialty is energy.
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So first tell us
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What that will mean to the people that you work with.
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Well, this is really, really great news, alan.
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I have to say that it's it's
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Bad for america
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And it's bad for the world when we're at loggerheads
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With our friends and the japanese
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And the europeans and especially the europeans,
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Can be extremely difficult at times.
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But let's face it, their friends
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And their allies in most instances.
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So for us to reach agreement,
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Big, big agreements
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With both of them is really, really
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Great news for the country and for the world.
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So that's something to salute.
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Now, in terms of the $600 billion of domestic spending
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The europeans have committed to do, and the 750 billion
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Of energy buying that they committed to do.
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Those are wonderful things,
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But they're aspirational at this point.
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They're not real at this point.
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Right now, the europeans are buying
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75 billion in energy per year from us.
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And if they were to do this 750 by over three years,
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They would have to more than triple
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Their energy buying from us.
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I don't think it's practically possible
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For that to happen in the next year.
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Now, will their energy buying from the us go way up?
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It will, and that's good for our country
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And is good for the europeans because they're too dependent
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On russia.
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Gas and wind and solar and other forms of energy
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That are not reliable and drive inflation
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And the cost of energy way up for european citizens.
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So this is wonderful news, but it's going to be a little messy
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And how it plays out over the next couple of years.
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President trump has also negotiated
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A 15% across the board tariff deal with the european union,
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15% on european goods, 15% on u.s.
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Goods.
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He's also completed a very big deal
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With japan, as described by our commerce secretary.
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Listen to his description.
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This is literally the government of japan
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Giving donald trump and the american people $550
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Billion to invest at his direction on things
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That are important to america and national security.
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We want to build power and energy nuclear.
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We want to finish out the alaska pipeline,
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$550 billion at the discretion of donald trump.
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This is the national security sovereign
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Fund given to us.
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Do you think these deals give him more leverage
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In his negotiations with china?
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No, i don't i don't i don't think.
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I think the chinese will totally ignore all this stuff.
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And i think they're.
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They've come out of they've kind of
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Rip their mask off and reveal themselves as a full adversary.
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And they're going to they're going to be in concrete
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And be very resistant to a deal.
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It's kind of like the rest of the world
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Has, is trying to find a way to group together,
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And the chinese are trying to stand alone.
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And then cozy up to friends who might not want to cozy up
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To the europeans, the japanese or us.
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So it's a very, very complicated situation.
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But having said that,
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The president used the incredible force
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Of the american economy and american business
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To push the europeans and the japanese into a deal,
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And he got them to blame.
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So it's the real credit to him that he kind of won the face off
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With both of them in terms of cutting deals
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That are more amenable
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To what he wants and what he wants to get.
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Now, the deals are so big
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And they're going to take so long to play out.
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He won't be president by the time this all plays out.
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So what the aftermath of this is after his next
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Three years in office, we'll have to wait and see.
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Yeah, well, the europeans are also buying
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Hundreds of millions of dollars in u.s.
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Military equipment.
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You know, i assume that's in part
00:10:52.646 --> 00:10:53.914
Because of the russian threat in ukraine,
00:10:53.914 --> 00:10:56.050
And perhaps because iran claims
00:10:56.050 --> 00:10:57.685
That it's not giving up on its nuclear plans.
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They'd all be stronger.
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And it's good for american companies.
00:11:01.255 --> 00:11:03.424
So tell us what you think it says to russia and china.
00:11:03.424 --> 00:11:07.728
Well, i think it says
00:11:08.229 --> 00:11:09.830
To russia in particular,
00:11:09.830 --> 00:11:11.298
I don't really know what it says to china,
00:11:11.298 --> 00:11:13.100
But to russia, what it says is that they're scared of them.
00:11:13.100 --> 00:11:16.070
And i'm sure vladimir putin just absolutely loves that.
00:11:16.070 --> 00:11:19.406
And i'd love to see that there.
00:11:19.406 --> 00:11:20.941
I'd love to say they're buying american weapons
00:11:20.941 --> 00:11:23.144
Out of the goodness of their hearts, but
00:11:23.144 --> 00:11:25.012
It's a complete self-interest because they're all of a sudden
00:11:25.012 --> 00:11:27.515
Terrified by by the russians and actually the russians
00:11:27.515 --> 00:11:30.918
And putin that pushed the europeans
00:11:30.918 --> 00:11:33.154
To get over that 2% of gdp and defense spending
00:11:33.154 --> 00:11:36.090
That we've been pushing them to do
00:11:36.090 --> 00:11:37.291
For years, more than any other force yet.
00:11:37.291 --> 00:11:39.894
So fear is a great motivator.
00:11:39.894 --> 00:11:41.629
And they should be afraid because they're unprepared,
00:11:41.629 --> 00:11:44.198
They're fat, happy, and lazy, and they've been dependent
00:11:44.198 --> 00:11:46.667
On the united states for defense for a long time.
00:11:46.667 --> 00:11:48.936
So this is a welcome change that they're going to start
00:11:48.936 --> 00:11:51.205
Taking more responsibility for their own national security.
00:11:51.205 --> 00:11:55.142
We should not be carrying water for them anymore
00:11:55.142 --> 00:11:57.978
To some significant degree.
00:11:57.978 --> 00:11:59.547
And it benefits the american businesses
00:11:59.547 --> 00:12:01.382
Who produce all this stuff.
00:12:01.382 --> 00:12:02.449
The fact our technology
00:12:02.449 --> 00:12:04.051
And our weaponry is far superior to anything else in the world.
00:12:04.051 --> 00:12:06.654
So they've got to have it, whether they like it or not.
00:12:06.654 --> 00:12:09.123
We elected a commander in chief, but it's become
00:12:10.057 --> 00:12:12.760
Pretty apparent.
00:12:12.760 --> 00:12:13.928
We've also elected a very effective negotiator in chief.
00:12:13.928 --> 00:12:17.031
What would you like to see him negotiate next?
00:12:17.031 --> 00:12:20.901
Well, i'd like to find some deal with the chinese
00:12:20.901 --> 00:12:23.304
That it's not so, partial to the chinese that we.
00:12:23.304 --> 00:12:27.174
We can't afford to take it.
00:12:27.174 --> 00:12:29.076
I think we need
00:12:29.076 --> 00:12:30.311
To get to some kind of detente with the chinese, who i like.
00:12:30.311 --> 00:12:33.647
Who, like i said, are an adversary
00:12:33.647 --> 00:12:35.883
In terms of our access
00:12:35.883 --> 00:12:37.384
To their markets predominately from energy.
00:12:37.384 --> 00:12:39.486
Because the number one thing
00:12:39.486 --> 00:12:40.287
The chinese need from us is energy.
00:12:40.287 --> 00:12:41.922
And they're kind of turning their noses up
00:12:41.922 --> 00:12:44.124
At our energy right now
00:12:44.124 --> 00:12:45.292
Because we're blocking them in so many other respects.
00:12:45.292 --> 00:12:48.229
But i think it's bad for the world
00:12:48.229 --> 00:12:50.064
When the two leading powers in the world, both
00:12:50.064 --> 00:12:51.866
From an economic standpoint and a military standpoint,
00:12:51.866 --> 00:12:55.135
Are facing themselves across the rubicon in,
00:12:55.135 --> 00:12:57.605
You know, in a war posture. that's that's just bad news.
00:12:57.605 --> 00:13:00.174
So if we can find some way to come to terms with them,
00:13:00.174 --> 00:13:03.177
That'd be a huge win.
00:13:03.177 --> 00:13:04.311
And that's more important
00:13:04.311 --> 00:13:05.246
Than all the other countries in the world
00:13:05.246 --> 00:13:07.181
That haven't come to a deal yet combined.
00:13:07.181 --> 00:13:09.083
So that's what i would really focus on going forward.
00:13:09.083 --> 00:13:12.253
Well, finally,
00:13:12.586 --> 00:13:13.687
Marco rubio is doing a good job as secretary of state.
00:13:13.687 --> 00:13:16.390
So too is the president's communications team.
00:13:16.390 --> 00:13:19.293
And, you know, he's
00:13:19.293 --> 00:13:20.327
Kind of a one man band and very self-sufficient.
00:13:20.327 --> 00:13:23.130
Do you see him setting a new standard for what
00:13:23.130 --> 00:13:25.199
We'll expect of whoever the next president is?
00:13:25.199 --> 00:13:27.868
And who could possibly fill those shoes?
00:13:27.868 --> 00:13:31.171
Well, it's
00:13:31.171 --> 00:13:32.339
It's a hard act to follow, whether you're a committed,
00:13:32.339 --> 00:13:35.643
Enemy of president trump or you're his greatest friend
00:13:35.643 --> 00:13:38.646
And his biggest maga supporter.
00:13:38.646 --> 00:13:40.314
It's a very difficult act to follow.
00:13:40.314 --> 00:13:42.249
Just like ronald reagan was a very difficult act to follow.
00:13:42.249 --> 00:13:45.019
I just hope the next person when we get in that chair
00:13:45.019 --> 00:13:48.389
Is someone with a conservative viewpoint on fiscal policy,
00:13:48.389 --> 00:13:51.825
National security policy and social policy,
00:13:51.825 --> 00:13:54.795
And someone who will have the guts to say, you know what?
00:13:54.795 --> 00:13:57.898
I don't care if i serve four years
00:13:57.898 --> 00:13:59.366
Or eight years, i'm going after entitlements
00:13:59.366 --> 00:14:01.402
Because until we tackle entitlements,
00:14:01.402 --> 00:14:03.537
Our national debt is going to keep going to the moon,
00:14:03.537 --> 00:14:06.006
And our interest on our debt is going to keep going up
00:14:06.006 --> 00:14:08.008
And be significantly higher than any other line
00:14:08.008 --> 00:14:10.110
Item on the budget, including the defense budget.
00:14:10.110 --> 00:14:12.179
So somebody's got to attack that and have the courage to do it
00:14:12.179 --> 00:14:15.182
And not worry about the political consequences.
00:14:15.182 --> 00:14:17.084
So that's my hope as to who we get next.
00:14:17.084 --> 00:14:19.787
You know, george, it seems to me that's a hard change
00:14:19.787 --> 00:14:21.922
In the american population, not just a political change.
00:14:21.922 --> 00:14:25.259
We'll have to have the national will to face that.
00:14:25.259 --> 00:14:27.027
When won't we?
00:14:27.027 --> 00:14:28.362
We will.
00:14:28.362 --> 00:14:28.929
That's exactly right.
00:14:28.929 --> 00:14:30.064
And we're going to have to have politicians in office
00:14:30.064 --> 00:14:32.466
That are willing to have the political courage
00:14:32.466 --> 00:14:34.134
To stick their necks out there and pursue that.
00:14:34.134 --> 00:14:36.203
And i have much more faith in the american people
00:14:36.203 --> 00:14:38.272
Than the american politicians to do that.
00:14:38.272 --> 00:14:40.607
I will say, though, that warren buffett
00:14:40.607 --> 00:14:42.142
Has the greatest comment
00:14:42.142 --> 00:14:43.143
On this in history as far as i'm concerned.
00:14:43.143 --> 00:14:45.045
He said,
00:14:45.045 --> 00:14:45.946
You know, basically
00:14:45.946 --> 00:14:46.880
He would pass a constitutional amendment
00:14:46.880 --> 00:14:48.582
That said, if you didn't balance the budget every year,
00:14:48.582 --> 00:14:51.018
Every single member of the congress
00:14:51.018 --> 00:14:52.653
On the senate and the house side
00:14:52.653 --> 00:14:54.321
Were out of office in new people would be elected.
00:14:54.321 --> 00:14:56.623
That would solve the problem really, really quickly.
00:14:56.623 --> 00:14:58.892
And i have to brag about my native state of texas
00:14:58.892 --> 00:15:01.328
That i'm very proud of.
00:15:01.328 --> 00:15:02.496
We do have a constitutional amendment
00:15:02.496 --> 00:15:04.164
That says you have to
00:15:04.164 --> 00:15:05.366
Balance the budget every year, so we don't ever run deficits,
00:15:05.366 --> 00:15:08.168
And the federal government should follow our example.
00:15:08.168 --> 00:15:10.904
Amen.
00:15:11.138 --> 00:15:11.739
Well, george c,
00:15:11.739 --> 00:15:12.473
It's once again
00:15:12.473 --> 00:15:13.240
A pleasure to hear your thoughts,
00:15:13.240 --> 00:15:14.842
Even more so coming from the booming state of texas.
00:15:14.842 --> 00:15:18.145
You're a long way from washington, d.c..
00:15:18.145 --> 00:15:20.214
We'll see you again soon.
00:15:20.214 --> 00:15:21.882
Thank you. alan.
00:15:21.882 --> 00:15:23.317
Well, at the moment, signs of hope, no question about it.
00:15:23.317 --> 00:15:26.754
And then your emails. we're not done yet.
00:15:26.754 --> 00:15:28.789
I'll be right back.
00:15:28.789 --> 00:15:37.007
I'll be right back.
00:15:37.007 --> 00:15:41.608
I'm encouraged to see
00:15:42.108 --> 00:15:43.176
The trade agreements that are being struck,
00:15:43.176 --> 00:15:45.145
But are hopefully motivating american corporations
00:15:45.145 --> 00:15:47.747
To bring manufacturing back into the us
00:15:47.747 --> 00:15:50.683
And bringing in tariff revenue for our nation.
00:15:50.683 --> 00:15:53.586
Here's some good news.
00:15:53.586 --> 00:15:54.521
According to the treasury department,
00:15:54.521 --> 00:15:55.855
The latest figures reveal the amount the u.s.
00:15:55.855 --> 00:15:58.091
Collected from tariff revenue.
00:15:58.091 --> 00:16:00.026
It's up 301% compared to last year.
00:16:00.026 --> 00:16:03.530
And we're just getting started with this reset in trade policy.
00:16:03.530 --> 00:16:07.200
You know, i believe what was initiated
00:16:07.200 --> 00:16:08.701
By this administration through tariffs
00:16:08.701 --> 00:16:10.804
Was an expression of support for the american people.
00:16:10.804 --> 00:16:13.973
The administration standing up for u.s.
00:16:13.973 --> 00:16:15.742
Citizens, saying to foreign governments,
00:16:15.742 --> 00:16:18.044
You're not going to take unfair advantage of us anymore.
00:16:18.044 --> 00:16:21.147
That we have to understand there's a real battle of ideas
00:16:21.147 --> 00:16:23.950
Taking place in our culture, even within the church.
00:16:23.950 --> 00:16:27.687
You know, if i pray, god bless america.
00:16:27.687 --> 00:16:30.190
There are those who are actually angered with that prayer.
00:16:30.190 --> 00:16:32.525
I hear the messages.
00:16:32.525 --> 00:16:34.227
You know, i'm not saying god should bless us
00:16:34.227 --> 00:16:35.862
To the exclusion of blessing anyone else.
00:16:35.862 --> 00:16:38.331
This is the place god has planted us.
00:16:38.331 --> 00:16:40.533
Then i believe a part of my assignment in yours
00:16:40.533 --> 00:16:42.802
Is to invite his blessing here upon our nation.
00:16:42.802 --> 00:16:46.673
What we watched over the years was very unsettling.
00:16:46.673 --> 00:16:49.409
Open borders.
00:16:49.409 --> 00:16:50.577
A tariff system in place which punished american workers.
00:16:50.577 --> 00:16:53.213
It incentivized
00:16:53.213 --> 00:16:54.214
Global corporate structures that diminish
00:16:54.214 --> 00:16:56.216
The families in our own nation.
00:16:56.216 --> 00:16:58.351
Put those two things together.
00:16:58.351 --> 00:16:59.519
An open, porous border and a tariff system
00:16:59.519 --> 00:17:01.488
That punishes american workers.
00:17:01.488 --> 00:17:03.389
You are intentionally dismantling
00:17:03.389 --> 00:17:05.358
The strength of this nation.
00:17:05.358 --> 00:17:07.193
And the church acted like we didn't notice.
00:17:07.193 --> 00:17:09.162
And we talked about first century issues
00:17:09.162 --> 00:17:11.331
And avoided our responsibility to tell the truth.
00:17:11.331 --> 00:17:14.267
We're we're waking up and we're using our voices.
00:17:14.267 --> 00:17:16.603
And that, i believe, is a reason for hope.
00:17:16.603 --> 00:17:19.205
We're going to climb over the despair, i promise.
00:17:19.205 --> 00:17:21.875
We'll be right back with your emails.
00:17:21.875 --> 00:17:32.009
We'll be right back with your emails.
00:17:32.009 --> 00:17:37.717
Thank you for sharing a few minutes of your day with us.
00:17:38.784 --> 00:17:41.487
If you happen to
00:17:41.487 --> 00:17:42.522
Miss an episode, you can always go to aj now.com.
00:17:42.522 --> 00:17:45.091
They're all archived there. you can find them.
00:17:45.091 --> 00:17:47.059
Makes it easy to share with a friend.
00:17:47.059 --> 00:17:48.628
You can even send us an email.
00:17:48.628 --> 00:17:51.497
Okay from mississippi ask what are we going to cut off
00:17:51.497 --> 00:17:54.367
George soros, china and the others money
00:17:54.367 --> 00:17:56.702
That fund these riots in our nation?
00:17:56.702 --> 00:17:59.772
Good question.
00:17:59.772 --> 00:18:00.773
Okay.
00:18:00.773 --> 00:18:01.974
First, i think we recognize there are professional rioters
00:18:01.974 --> 00:18:04.777
Amongst us,
00:18:04.777 --> 00:18:05.878
And the legacy media is delighted
00:18:05.878 --> 00:18:08.014
To cover their demonstrations
00:18:08.014 --> 00:18:10.116
And try to make them seem disruptive.
00:18:10.116 --> 00:18:12.818
If we stop paying attention to unrest inc,
00:18:12.818 --> 00:18:16.055
I think it'll bring a lot of peace to a lot of people.
00:18:16.055 --> 00:18:19.025
When did you from oregon emailed?
00:18:19.025 --> 00:18:20.560
Thank you so very much for your ministry.
00:18:20.560 --> 00:18:22.361
I'm very pleased that god has given you
00:18:22.361 --> 00:18:23.829
An even larger platform to speak truth and common sense.
00:18:23.829 --> 00:18:27.967
What do you.
00:18:28.301 --> 00:18:28.968
I'm glad you said platform.
00:18:28.968 --> 00:18:30.102
For a minute i thought you said i'd gotten even larger.
00:18:30.102 --> 00:18:32.805
Either way, god's opening doors.
00:18:32.805 --> 00:18:34.440
And i'm grateful for that.
00:18:34.440 --> 00:18:36.309
Sylvia emailed
00:18:36.309 --> 00:18:37.944
La la
00:18:37.944 --> 00:18:39.045
Mayor bass is talking about
00:18:39.045 --> 00:18:40.546
Taxpayer assistance for people
00:18:40.546 --> 00:18:42.148
Who don't want to leave their homes,
00:18:42.148 --> 00:18:44.317
People who are not going to work and they are in need of cash.
00:18:44.317 --> 00:18:47.620
Seriously, it makes sense that she was a good friend of castro.
00:18:47.620 --> 00:18:51.324
May god intervene in the marxist madness.
00:18:51.324 --> 00:18:54.026
Thank you for giving us information
00:18:54.026 --> 00:18:55.394
That's very hard to hear elsewhere.
00:18:55.394 --> 00:18:57.830
Well, sylvia, you know, i think
00:18:58.464 --> 00:18:59.599
A bit of a biblical worldview would help all of us.
00:18:59.599 --> 00:19:02.501
The bible says if we're not willing to work, we don't eat.
00:19:02.501 --> 00:19:05.771
We've got an assignment.
00:19:05.771 --> 00:19:06.906
And that's to accept some responsibility for ourselves
00:19:06.906 --> 00:19:09.809
And not be dependent upon others.
00:19:09.809 --> 00:19:11.944
There is truth being told, and i think
00:19:11.944 --> 00:19:13.779
We're making some progress.
00:19:13.779 --> 00:19:15.948
Cathy, she from indiana emailed,
00:19:15.948 --> 00:19:18.384
I hear about all the interest rates
00:19:18.384 --> 00:19:19.819
Coming down on new homeowners, which is good,
00:19:19.819 --> 00:19:22.355
But what about people renting?
00:19:22.355 --> 00:19:23.889
Isn't there some way to bring that back down?
00:19:23.889 --> 00:19:26.292
Can't there be a talk about
00:19:26.292 --> 00:19:27.560
Bringing some of this rent back down for the low income people?
00:19:27.560 --> 00:19:30.930
Well, cathy,
00:19:31.264 --> 00:19:32.465
I think the immediate help is slowing the rate of inflation
00:19:32.465 --> 00:19:35.801
And making the necessities of life more affordable
00:19:35.801 --> 00:19:38.638
For all of us.
00:19:38.638 --> 00:19:39.972
If we do that and the economy's growing,
00:19:39.972 --> 00:19:42.541
I believe that will bring some relief.
00:19:42.541 --> 00:19:44.310
Even with the rent.
00:19:44.310 --> 00:19:46.145
God is moving in the earth.
00:19:46.145 --> 00:19:47.613
You know, sometimes i complain about his timing.
00:19:47.613 --> 00:19:51.083
He doesn't get things done as quickly as i would like.
00:19:51.083 --> 00:19:53.619
Sometimes i feel a lot like a petulant child.
00:19:53.619 --> 00:19:56.622
I want to kick my feet and stomp until i get my way.
00:19:56.622 --> 00:20:00.726
God doesn't seem to be impressed with my tantrums.
00:20:00.726 --> 00:20:03.529
I have to trust him.
00:20:03.529 --> 00:20:05.031
Let's keep focused on the one that we serve, and trust
00:20:05.031 --> 00:20:08.134
That he's bringing his best into our lives if we'll do that.
00:20:08.134 --> 00:20:11.237
There are truly reasons for hope all around us.
00:20:11.237 --> 00:20:14.273
Well, i'm alan jackson.
00:20:14.774 --> 00:20:15.775
Thank you for spending a few moments with us.
00:20:15.775 --> 00:20:17.710
And i pray you have a wonderful evening.
00:20:17.710 --> 00:20:17.710

Allen Jackson: Debt Reckoning | Allen Jackson Now

July 30, 2025 | 21:52

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