George Seay joins Allen Jackson to discuss current events.
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Allen Jackson NOW | Allen Jackson: Venezuela Energy | Allen Jackson Now | January 14, 2026
- Well, good evening and welcome to nashville.
- 00:00:17.576 --> 00:00:19.845
- I'm alan jackson.
- 00:00:19.845 --> 00:00:21.379
- Now, we didn't all get a pay raise on january the 1st,
- 00:00:21.379 --> 00:00:24.349
- But most people are starting to have a little more cash
- 00:00:24.349 --> 00:00:27.052
- In their pockets this winter,
- 00:00:27.052 --> 00:00:28.887
- Filling up the cars less expensive,
- 00:00:28.887 --> 00:00:30.689
- And it's likely to go down even more next month.
- 00:00:30.689 --> 00:00:33.725
- Some grocery prices
- 00:00:33.725 --> 00:00:34.926
- Have come down and the majority have at least leveled off.
- 00:00:34.926 --> 00:00:38.797
- Drive thru restaurants will.
- 00:00:38.797 --> 00:00:40.031
- They're offering five and $6 meal deals.
- 00:00:40.031 --> 00:00:43.034
- Car and truck prices remain pretty high,
- 00:00:43.034 --> 00:00:45.003
- But some automakers are offering 0% interest on the loans.
- 00:00:45.003 --> 00:00:48.940
- And for vehicles made in america,
- 00:00:48.940 --> 00:00:50.842
- There's a tax deduction of up to $10,000.
- 00:00:50.842 --> 00:00:54.412
- If you work for tips, there's no more tax on that income.
- 00:00:54.412 --> 00:00:57.516
- If you get social
- 00:00:57.516 --> 00:00:58.717
- Security taxes on those payments have been reduced as well.
- 00:00:58.717 --> 00:01:02.420
- And the big savings will come to a lot of homeowners
- 00:01:02.420 --> 00:01:04.990
- When they do their taxes this spring, because the cap on
- 00:01:04.990 --> 00:01:08.093
- State and local property taxes has been raised significantly.
- 00:01:08.093 --> 00:01:12.164
- Well, financial pressures have begun to ease.
- 00:01:12.164 --> 00:01:14.232
- Good news, most of it not reported in the national media.
- 00:01:14.232 --> 00:01:18.236
- We brought back our expert on the economy, george seib.
- 00:01:18.236 --> 00:01:21.773
- He's the chairman of annandale capital in dallas.
- 00:01:21.773 --> 00:01:24.809
- Welcome back, sir, and happy new year.
- 00:01:24.809 --> 00:01:27.679
- Happy new year.
- 00:01:27.679 --> 00:01:28.647
- Always great to be back on this great show.
- 00:01:28.647 --> 00:01:30.882
- Well, the latest figures show that the consumer price index,
- 00:01:30.882 --> 00:01:33.852
- Which measures inflation, it held steady at 2.7% in december.
- 00:01:33.852 --> 00:01:39.024
- 50,000 jobs were also added that month.
- 00:01:39.024 --> 00:01:41.993
- Is this part of the slow and steady comeback?
- 00:01:41.993 --> 00:01:45.697
- It is.
- 00:01:45.897 --> 00:01:46.998
- And actually the economy has never stopped growing.
- 00:01:46.998 --> 00:01:48.767
- So it's it's really been incredibly resilient
- 00:01:48.767 --> 00:01:51.536
- For four years of very anti-business
- 00:01:51.536 --> 00:01:53.371
- Democratic policies.
- 00:01:53.371 --> 00:01:54.839
- And i think the new trump administration,
- 00:01:54.839 --> 00:01:56.908
- That's one big success
- 00:01:56.908 --> 00:01:58.009
- They've had in
- 00:01:58.009 --> 00:01:59.344
- Putting these taxes, these new tariffs on the economy,
- 00:01:59.344 --> 00:02:02.147
- Which is a friction cost, the economy.
- 00:02:02.147 --> 00:02:03.782
- But still the economy continues to grow really, really well.
- 00:02:03.782 --> 00:02:06.818
- And the pro-business policies of the administration
- 00:02:06.818 --> 00:02:09.087
- Have overwhelmed the tariffs and other negatives.
- 00:02:09.087 --> 00:02:11.456
- I will say, though, when you're talking
- 00:02:11.456 --> 00:02:12.791
- About the price at the pump and that going down,
- 00:02:12.791 --> 00:02:14.926
- We texans are a little bitter about that because we like hog
- 00:02:14.926 --> 00:02:18.129
- High gas prices,
- 00:02:18.129 --> 00:02:19.197
- Because it's good for the oil and gas industry.
- 00:02:19.197 --> 00:02:20.699
- And i think i can make
- 00:02:20.699 --> 00:02:21.967
- A compelling argument that it's really not
- 00:02:21.967 --> 00:02:23.768
- That better for the country.
- 00:02:23.768 --> 00:02:25.503
- If oil is home for 20 to $25 a barrel higher than it is
- 00:02:25.503 --> 00:02:29.541
- Right now, because we have hundreds
- 00:02:29.541 --> 00:02:31.209
- And hundreds of thousands of jobs
- 00:02:31.209 --> 00:02:32.744
- That depend on the oil and gas industry
- 00:02:32.744 --> 00:02:34.980
- And several million that are ancillary related to it.
- 00:02:34.980 --> 00:02:37.816
- So we're a little bitter about that down here,
- 00:02:37.816 --> 00:02:39.551
- But everything else is great. yeah, i had a feeling
- 00:02:39.551 --> 00:02:41.987
- The gas price is going to get a reaction.
- 00:02:41.987 --> 00:02:44.522
- You're right.
- 00:02:44.889 --> 00:02:46.224
- There's more help on the way in this case
- 00:02:46.224 --> 00:02:48.660
- For the housing market.
- 00:02:48.660 --> 00:02:50.095
- The white house has ordered fannie mae and freddie
- 00:02:50.095 --> 00:02:52.430
- Mac to buy billions of dollars
- 00:02:52.430 --> 00:02:54.065
- Worth of securities in the mortgage market,
- 00:02:54.065 --> 00:02:56.368
- And that already help get mortgage rates below 6%.
- 00:02:56.368 --> 00:02:59.604
- They've also banned investment firms from buying single
- 00:02:59.604 --> 00:03:02.407
- Family homes
- 00:03:02.407 --> 00:03:03.575
- To keep them available for buyers
- 00:03:03.575 --> 00:03:05.076
- Who are actually going to live in them.
- 00:03:05.076 --> 00:03:07.279
- In addition, they're looking into ways
- 00:03:07.279 --> 00:03:09.014
- To allow buyers to take over existing low rate mortgages,
- 00:03:09.014 --> 00:03:12.851
- As well as allow first time buyers
- 00:03:12.851 --> 00:03:14.686
- To use their 401 k or college savings accounts
- 00:03:14.686 --> 00:03:17.989
- For down payments without those usual penalties.
- 00:03:17.989 --> 00:03:20.892
- Can we assume that will all help to light up the spring market?
- 00:03:20.892 --> 00:03:24.996
- I think the biggest positive for the spring housing market
- 00:03:26.164 --> 00:03:29.834
- In in the future going forward, as well as the federal reserve,
- 00:03:29.834 --> 00:03:32.504
- Not not the government, i think that the fed
- 00:03:32.504 --> 00:03:35.140
- Just got a green light to cut rates even further
- 00:03:35.140 --> 00:03:37.642
- Because that inflation number, although it's above the
- 00:03:37.642 --> 00:03:40.045
- The the federal reserve's target inflation
- 00:03:40.045 --> 00:03:42.080
- Number of 2% is not much above it.
- 00:03:42.080 --> 00:03:43.948
- And it's way down from the 9.1%
- 00:03:43.948 --> 00:03:46.918
- Inflation rate where it peaked under the biden administration.
- 00:03:46.918 --> 00:03:49.654
- So that's really, really good news for the housing market.
- 00:03:49.654 --> 00:03:51.890
- And mortgage rates should continue to come down.
- 00:03:51.890 --> 00:03:54.159
- And i love that they're having fannie and freddie buy back
- 00:03:54.159 --> 00:03:56.661
- $200 billion of, of mortgages that that will reduce mortgage.
- 00:03:56.661 --> 00:04:00.865
- It costs even further.
- 00:04:00.865 --> 00:04:02.000
- And that's a great piece of policy.
- 00:04:02.000 --> 00:04:03.768
- I'm not super excited about the president ordering
- 00:04:03.768 --> 00:04:07.072
- Private interest to not buy single family residences.
- 00:04:07.072 --> 00:04:09.774
- That's a constraint against trade, and it's very populist,
- 00:04:09.774 --> 00:04:12.510
- And i'm sure it is positive among people that that are
- 00:04:12.510 --> 00:04:16.448
- Maybe anti business and all that.
- 00:04:16.448 --> 00:04:19.918
- But that's, that's a, that's
- 00:04:19.918 --> 00:04:20.885
- A negative policy against business.
- 00:04:20.885 --> 00:04:22.620
- I'm not a big fan of that. but the rest of it's great.
- 00:04:22.620 --> 00:04:24.923
- Well president trump is moving fast in venezuela
- 00:04:25.924 --> 00:04:28.827
- To try to help people there big and small businesses here.
- 00:04:28.827 --> 00:04:32.697
- He called the oil company ceos in to discuss
- 00:04:32.697 --> 00:04:35.367
- How to get oil drilling started again,
- 00:04:35.367 --> 00:04:37.669
- To pump some money into the venezuelan economy.
- 00:04:37.669 --> 00:04:40.705
- Listen to what he said.
- 00:04:40.705 --> 00:04:41.806
- The departure of maduro makes possible
- 00:04:41.806 --> 00:04:45.810
- An incredible future for both nations, venezuela
- 00:04:45.810 --> 00:04:49.714
- And the united states, in which we will more closely
- 00:04:49.714 --> 00:04:53.418
- Integrate the economies of two major energy powers
- 00:04:53.418 --> 00:04:57.522
- In the western hemisphere.
- 00:04:57.522 --> 00:04:58.690
- Energy coming out of venezuela was very small.
- 00:04:58.690 --> 00:05:01.926
- One of the things the united states gets out of
- 00:05:01.926 --> 00:05:03.895
- This will be even lower energy prices.
- 00:05:03.895 --> 00:05:06.331
- We have people now getting,
- 00:05:06.331 --> 00:05:08.967
- Gasoline for $1.90 $9,
- 00:05:08.967 --> 00:05:11.369
- 96, a dollar, $95, 92.
- 00:05:11.369 --> 00:05:14.472
- Yesterday, somebody
- 00:05:14.472 --> 00:05:16.574
- And it used to be three and a half, $4, $5 a gallon.
- 00:05:16.574 --> 00:05:20.445
- Well, as part of the deal, venezuela will have to spend
- 00:05:21.546 --> 00:05:23.915
- Some of that money exclusively on american made products.
- 00:05:23.915 --> 00:05:27.886
- Do you think that's a good way to help the venezuelan people,
- 00:05:27.886 --> 00:05:30.422
- As well as u.s. manufacturers?
- 00:05:30.422 --> 00:05:33.458
- Gosh, it's such a complex issue.
- 00:05:33.458 --> 00:05:35.226
- I think that most americans really aren't
- 00:05:35.226 --> 00:05:37.262
- Very familiar with venezuela,
- 00:05:37.262 --> 00:05:38.630
- Because it used to be
- 00:05:38.630 --> 00:05:40.098
- Among the top ten or so most affluent countries
- 00:05:40.098 --> 00:05:42.367
- In the world because of their oil reserves
- 00:05:42.367 --> 00:05:44.169
- And the socialist communist dictatorships of maduro
- 00:05:44.169 --> 00:05:47.939
- And chavez
- 00:05:47.939 --> 00:05:48.773
- Before him, have been so horrible
- 00:05:48.773 --> 00:05:50.442
- That 8 million venezuelans have left the left the country,
- 00:05:50.442 --> 00:05:53.878
- And there's only 28 million
- 00:05:53.878 --> 00:05:55.013
- People left there, and its economy is in such a shambles,
- 00:05:55.013 --> 00:05:58.349
- I don't think people understand is going to take probably
- 00:05:58.349 --> 00:06:01.619
- Two decades, if not ever, for it to come back.
- 00:06:01.619 --> 00:06:05.023
- It is really in bad shape.
- 00:06:05.023 --> 00:06:06.491
- And all this talk about them getting millions
- 00:06:06.491 --> 00:06:09.127
- Of barrels of oil back on the ma
- 00:06:09.127 --> 00:06:12.630
- Fiction.
- 00:06:12.897 --> 00:06:13.832
- It's it's going to take at least a decade
- 00:06:13.832 --> 00:06:15.667
- To get in the millions of barrels
- 00:06:15.667 --> 00:06:17.068
- From venezuela and well over $100 billion.
- 00:06:17.068 --> 00:06:20.138
- And that's why the exxon ceo, after the meeting
- 00:06:20.138 --> 00:06:22.273
- With the president, said venezuela's
- 00:06:22.273 --> 00:06:23.908
- Is basically un investable by oil and gas companies,
- 00:06:23.908 --> 00:06:26.778
- And he was speaking the hard truth, which it is.
- 00:06:26.778 --> 00:06:29.347
- So that's going to be a very long project.
- 00:06:29.347 --> 00:06:31.950
- And quite frankly, i was a little bit alarmed
- 00:06:31.950 --> 00:06:33.718
- That they're they're
- 00:06:33.718 --> 00:06:34.819
- Putting this number two official in the place of maduro
- 00:06:34.819 --> 00:06:37.522
- And maduro.
- 00:06:37.522 --> 00:06:38.623
- Leaving is a great, great piece of news for the world.
- 00:06:38.623 --> 00:06:41.292
- And so let's celebrate that.
- 00:06:41.292 --> 00:06:43.194
- But he's number two is every bit
- 00:06:43.194 --> 00:06:44.395
- As authoritarian and awful as he was.
- 00:06:44.395 --> 00:06:46.364
- So to have the nobel prize winner, who who was the from
- 00:06:46.364 --> 00:06:49.834
- The opposition party that won the last election, ostracized.
- 00:06:49.834 --> 00:06:53.404
- And the man who won the election,
- 00:06:53.404 --> 00:06:55.006
- Her place not going in there.
- 00:06:55.006 --> 00:06:57.008
- It's not it's not super hot for democracy.
- 00:06:57.008 --> 00:06:59.277
- So i'd love to see a move towards democracy in time
- 00:06:59.277 --> 00:07:02.313
- In that country.
- 00:07:02.313 --> 00:07:03.381
- Not a a tinpot dictator still around the country,
- 00:07:03.381 --> 00:07:06.851
- Because that lady, that's what she is.
- 00:07:06.851 --> 00:07:08.186
- She's a tinpot dictator.
- 00:07:08.186 --> 00:07:10.188
- But you alluded to what communism has done to venezuela.
- 00:07:10.188 --> 00:07:13.558
- We have almost 100 years of evidence of the destructive
- 00:07:13.558 --> 00:07:16.794
- Outcomes of communism on peoples and countries.
- 00:07:16.794 --> 00:07:20.532
- How is it that significant portions of americans
- 00:07:20.532 --> 00:07:23.434
- Would still embrace communism?
- 00:07:23.434 --> 00:07:25.003
- Do you have any idea?
- 00:07:25.003 --> 00:07:26.538
- I do, i'm i'm so glad you asked that question.
- 00:07:26.538 --> 00:07:28.806
- It's because they don't really understand it
- 00:07:28.806 --> 00:07:31.009
- And they haven't they haven't been around when a
- 00:07:31.009 --> 00:07:33.244
- A widespread amount of communist dictatorships were in place
- 00:07:33.244 --> 00:07:36.447
- That we read about all the time.
- 00:07:36.447 --> 00:07:37.749
- There's a great book by a friend of mine
- 00:07:37.749 --> 00:07:39.284
- Named rodri or called live not by lies, where he interviews
- 00:07:39.284 --> 00:07:42.954
- A lot of people in the
- 00:07:42.954 --> 00:07:44.188
- In the warsaw pact eastern bloc countries
- 00:07:44.188 --> 00:07:46.424
- That that the soviet union dominated for several decades.
- 00:07:46.424 --> 00:07:49.394
- And they talk about how horrible
- 00:07:49.394 --> 00:07:50.762
- Communism is and how it ruined their families
- 00:07:50.762 --> 00:07:52.830
- And their lives and everything else.
- 00:07:52.830 --> 00:07:54.132
- And we just need a refresher course
- 00:07:54.132 --> 00:07:56.134
- In this country
- 00:07:56.134 --> 00:07:57.101
- About how fortunate and blessed we are to live
- 00:07:57.101 --> 00:07:58.903
- In the greatest country the world's ever seen.
- 00:07:58.903 --> 00:08:01.039
- And how precious democracy and freedom are.
- 00:08:01.039 --> 00:08:03.975
- You wouldn't take you long to
- 00:08:03.975 --> 00:08:05.343
- To learn from north koreans
- 00:08:05.343 --> 00:08:06.778
- Or venezuelans or cubans how awful the system can be and
- 00:08:06.778 --> 00:08:09.981
- How dreadful it is for for the for the common man and woman.
- 00:08:09.981 --> 00:08:13.718
- So the populist sentiment in this country
- 00:08:13.718 --> 00:08:16.287
- Should be most directed against communism and socialism,
- 00:08:16.287 --> 00:08:19.791
- Because they ruin lives and ruin families and ruin countries.
- 00:08:19.791 --> 00:08:22.627
- You know, this year is our 250th anniversary.
- 00:08:23.528 --> 00:08:25.863
- We want to celebrate all year long.
- 00:08:25.863 --> 00:08:29.000
- George.
- 00:08:29.000 --> 00:08:29.867
- We've got a whole lot more to discuss.
- 00:08:29.867 --> 00:08:30.735
- Can you stay for another segment?
- 00:08:30.735 --> 00:08:32.570
- You betcha.
- 00:08:32.570 --> 00:08:33.037
- Thank you.
- 00:08:33.037 --> 00:08:34.138
- During the break you can log on to aj now.com.
- 00:08:34.138 --> 00:08:36.808
- You can send me an email about your thoughts on the economy.
- 00:08:36.808 --> 00:08:39.811
- Maybe a question you'd like to ask george on his next visit.
- 00:08:39.811 --> 00:08:42.880
- I'll be right back.
- 00:08:43.348 --> 00:08:51.005
- I'll be right back.
- 00:08:51.005 --> 00:08:55.931
- We're back
- 00:08:56.231 --> 00:08:57.366
- Now with the chairman of annandale capital in dallas.
- 00:08:57.366 --> 00:09:00.135
- George c,
- 00:09:00.135 --> 00:09:01.670
- I'd like to ask a few questions about our national debt.
- 00:09:01.670 --> 00:09:05.207
- We had president reagan's economic advisor on the show
- 00:09:05.207 --> 00:09:07.609
- Recently, art laffer, being a supply side guy.
- 00:09:07.609 --> 00:09:11.446
- He's convinced that we can turn
- 00:09:11.446 --> 00:09:13.015
- The debt cycle in the right direction.
- 00:09:13.015 --> 00:09:14.983
- With just a several years of positive growth
- 00:09:14.983 --> 00:09:17.386
- And some lower taxes.
- 00:09:17.386 --> 00:09:19.121
- Do you agree? that's enough?
- 00:09:19.121 --> 00:09:21.123
- No i don't.
- 00:09:21.123 --> 00:09:22.057
- I think the federal government is is a
- 00:09:22.057 --> 00:09:24.793
- Completely addictive spending and they can't ever spend
- 00:09:24.793 --> 00:09:28.430
- Enough. there's never enough.
- 00:09:28.430 --> 00:09:29.665
- So you got to slash spending and reform entitlements as well.
- 00:09:29.665 --> 00:09:32.668
- I normally agree with mr.
- 00:09:32.668 --> 00:09:34.102
- Laffer and his viewpoint on economic policy.
- 00:09:34.102 --> 00:09:36.638
- And unlike george h.w.
- 00:09:36.638 --> 00:09:37.973
- Bush you called reaganomics voodoo economics.
- 00:09:37.973 --> 00:09:40.642
- I i'm a big supply side.
- 00:09:40.642 --> 00:09:43.545
- Advocate and advocate of cutting taxes.
- 00:09:43.545 --> 00:09:45.380
- But we got to cut federal spending, too.
- 00:09:45.380 --> 00:09:46.848
- You're never going to get anywhere.
- 00:09:46.848 --> 00:09:48.083
- Well, let's stay on the debt issue for a moment.
- 00:09:49.051 --> 00:09:50.686
- The treasury secretary is going full steam ahead
- 00:09:50.686 --> 00:09:53.221
- On doing whatever possible about putting an absolute
- 00:09:53.221 --> 00:09:56.291
- Stop to the fraud that's been uncovered.
- 00:09:56.291 --> 00:09:58.927
- He says that 10% of the us budget is stolen by fraudsters,
- 00:09:58.927 --> 00:10:02.631
- And he's launched a program to find out who
- 00:10:02.631 --> 00:10:04.433
- They are by offering rewards to whistleblowers.
- 00:10:04.433 --> 00:10:07.502
- Here's one example of what he's seen.
- 00:10:07.502 --> 00:10:10.505
- One of the people who has been convicted of fraud,
- 00:10:10.505 --> 00:10:13.542
- She was given $200,000 to bribe a juror,
- 00:10:13.542 --> 00:10:16.745
- And she was so corrupt, she skimmed 80,000 of it
- 00:10:16.745 --> 00:10:19.881
- And only tried to give $120,000 bribe.
- 00:10:19.881 --> 00:10:22.984
- So we are going to offer whistleblower
- 00:10:22.984 --> 00:10:27.089
- Payments to anyone who wants to tell us
- 00:10:27.089 --> 00:10:30.092
- The who, what, when, where and how this fraud has been done.
- 00:10:30.092 --> 00:10:34.496
- Well, given what we've learned about minnesota,
- 00:10:35.430 --> 00:10:37.733
- I can only imagine what else they might uncover.
- 00:10:37.733 --> 00:10:40.869
- Is it as bad as it seems to be?
- 00:10:40.869 --> 00:10:43.739
- Oh, it's a national disgrace.
- 00:10:43.739 --> 00:10:45.440
- And i think the president the other day said
- 00:10:45.440 --> 00:10:47.743
- California is worse than minnesota.
- 00:10:47.743 --> 00:10:49.711
- It may be.
- 00:10:49.711 --> 00:10:50.612
- I mean, there's got to be unbelievably
- 00:10:50.612 --> 00:10:52.781
- Rampant fraud out in california in some of these big blue
- 00:10:52.781 --> 00:10:55.884
- Welfare states.
- 00:10:55.884 --> 00:10:56.918
- And i would tip my hat to the treasury secretary.
- 00:10:56.918 --> 00:10:59.221
- I think he's
- 00:10:59.221 --> 00:11:00.322
- One of the real stars of the president's cabinet.
- 00:11:00.322 --> 00:11:02.390
- I think he's done a whale of a great job.
- 00:11:02.390 --> 00:11:04.426
- And i'm really pleased that he's in that job.
- 00:11:04.426 --> 00:11:06.361
- And i'm also pleased he didn't want to be fed chairman
- 00:11:06.361 --> 00:11:08.296
- Because i, i like him right where he is at treasury.
- 00:11:08.296 --> 00:11:10.632
- But you look at the scope of the fraud in minnesota
- 00:11:10.632 --> 00:11:13.368
- That we've already found out about,
- 00:11:13.368 --> 00:11:15.437
- And it's just, frankly, un-american.
- 00:11:15.437 --> 00:11:18.073
- And i think that you can get into some
- 00:11:18.073 --> 00:11:20.642
- A bad rabbit trail in terms of focusing on the fact
- 00:11:20.642 --> 00:11:23.245
- That these are somalis
- 00:11:23.245 --> 00:11:24.546
- Who really
- 00:11:24.546 --> 00:11:25.547
- Somali americans or somali illegals or both,
- 00:11:25.547 --> 00:11:27.816
- That we're doing this up in minnesota.
- 00:11:27.816 --> 00:11:29.518
- The ethnicity really doesn't matter.
- 00:11:29.518 --> 00:11:30.952
- It's just the fact that we have such dishonest people out there
- 00:11:30.952 --> 00:11:33.622
- Gaming the system and we got to crack down
- 00:11:33.622 --> 00:11:35.791
- Hard on this, no matter whether somebody is
- 00:11:35.791 --> 00:11:37.759
- Somali or venezuelan or anglo or whoever, who cares.
- 00:11:37.759 --> 00:11:42.030
- It's fraud is bad.
- 00:11:42.030 --> 00:11:42.998
- It's bad for the country.
- 00:11:42.998 --> 00:11:44.266
- And, you know, one of the worst
- 00:11:44.266 --> 00:11:45.500
- Areas of fraud is in the defense department.
- 00:11:45.500 --> 00:11:47.302
- I mean, the government is overcharged
- 00:11:47.302 --> 00:11:48.770
- So badly for the weapons we source.
- 00:11:48.770 --> 00:11:51.239
- We got to really get hard, hard and tough on that as well. do
- 00:11:51.239 --> 00:11:54.009
- You think the ddos group that elon musk
- 00:11:54.876 --> 00:11:56.611
- Put together should be reactivated?
- 00:11:56.611 --> 00:11:59.614
- I think it depends on the leadership.
- 00:11:59.614 --> 00:12:01.249
- That's a great question.
- 00:12:01.249 --> 00:12:02.417
- And in theory it's terrific.
- 00:12:02.417 --> 00:12:04.419
- In practice, they weren't wildly successful.
- 00:12:04.419 --> 00:12:07.155
- They said they were going to cut
- 00:12:07.155 --> 00:12:08.223
- A whole lot more spending than they actually did.
- 00:12:08.223 --> 00:12:09.858
- But we need something like that.
- 00:12:09.858 --> 00:12:11.493
- But i think
- 00:12:11.493 --> 00:12:12.661
- Unlike musk, who kind of came out with a meat cleaver,
- 00:12:12.661 --> 00:12:14.496
- You've got to go in there with a scalpel
- 00:12:14.496 --> 00:12:16.231
- And you've got to have the patience to do it
- 00:12:16.231 --> 00:12:17.899
- Very slowly, very carefully.
- 00:12:17.899 --> 00:12:19.668
- And that's the way you trim the most fat.
- 00:12:19.668 --> 00:12:21.203
- Not by running in there
- 00:12:21.203 --> 00:12:22.370
- With a meat cleaver and carving everything up.
- 00:12:22.370 --> 00:12:24.005
- That's, that's that's less than effective.
- 00:12:24.005 --> 00:12:26.274
- So we need somebody who's got more patience
- 00:12:26.274 --> 00:12:28.043
- Because he ran out of patience pretty quick, which anybody
- 00:12:28.043 --> 00:12:30.712
- Dealing with the federal government would eventually.
- 00:12:30.712 --> 00:12:32.948
- What was so much abuse of the taxes we pay?
- 00:12:33.849 --> 00:12:37.018
- You know, the stolen money
- 00:12:37.018 --> 00:12:38.053
- That was sent to al-shabab terrorists in somalia?
- 00:12:38.053 --> 00:12:41.056
- I wonder if some taxpayers will stop
- 00:12:41.056 --> 00:12:42.657
- Sending payments to the treasury department
- 00:12:42.657 --> 00:12:44.326
- Until this gets fixed, that there's any real risk of that?
- 00:12:44.326 --> 00:12:47.963
- That's a great way to go to jail.
- 00:12:47.963 --> 00:12:49.130
- If you do that, i wouldn't recommend this.
- 00:12:49.130 --> 00:12:51.800
- You got to give the devil is due, so to speak,
- 00:12:51.800 --> 00:12:53.702
- And give uncle sam his money,
- 00:12:53.702 --> 00:12:55.036
- But give him as little as possible legally.
- 00:12:55.036 --> 00:12:57.138
- That's that's the that's the best effort for that.
- 00:12:57.138 --> 00:12:59.741
- But i could understand the disgust.
- 00:12:59.741 --> 00:13:01.176
- You know,
- 00:13:01.176 --> 00:13:02.410
- There was a polish immigrant years ago who made $4 million
- 00:13:02.410 --> 00:13:05.180
- In a lifetime of basically, entry level work.
- 00:13:05.180 --> 00:13:08.316
- And he loved this country so much and thought so
- 00:13:08.316 --> 00:13:11.386
- Highly of it.
- 00:13:11.386 --> 00:13:12.454
- He gave all his money to the federal government
- 00:13:12.454 --> 00:13:13.788
- As will and uncle sam ran through that
- 00:13:13.788 --> 00:13:16.057
- In about three seconds.
- 00:13:16.057 --> 00:13:17.259
- So i'd call that very patriotic, but very tragic too,
- 00:13:17.259 --> 00:13:21.429
- That he gave the money to
- 00:13:21.429 --> 00:13:22.931
- The government because they just blew it in
- 00:13:22.931 --> 00:13:24.633
- A couple of seconds.
- 00:13:24.633 --> 00:13:25.600
- Well, i pray they can orchestrate some changes.
- 00:13:26.601 --> 00:13:29.137
- I'd like to end
- 00:13:29.137 --> 00:13:30.238
- With one more good sign that we saw was a reported.
- 00:13:30.238 --> 00:13:33.541
- But it was small businesses in america
- 00:13:33.541 --> 00:13:35.543
- Reporting record profitability and producing more per worker
- 00:13:35.543 --> 00:13:40.048
- Than at any point in the past ten years.
- 00:13:40.048 --> 00:13:42.617
- Do you think that collectively, this good news will help
- 00:13:42.617 --> 00:13:45.020
- The president's party in the midterms
- 00:13:45.020 --> 00:13:47.022
- So he can keep moving his agenda forward?
- 00:13:47.022 --> 00:13:50.325
- I hope so.
- 00:13:50.325 --> 00:13:51.092
- I don't
- 00:13:51.092 --> 00:13:52.060
- I don't feel like the president and his team
- 00:13:52.060 --> 00:13:53.295
- Are getting their message out very well.
- 00:13:53.295 --> 00:13:55.330
- And i think all this constant rancor and fighting and,
- 00:13:55.330 --> 00:13:58.800
- And public squabbling is, is not healthy.
- 00:13:58.800 --> 00:14:01.970
- And most americans don't like it.
- 00:14:01.970 --> 00:14:03.438
- But, you know, if you really get down to it,
- 00:14:03.438 --> 00:14:05.240
- Small business is the anchor of the american economy.
- 00:14:05.240 --> 00:14:07.776
- And one of the greatest things
- 00:14:07.776 --> 00:14:09.177
- About our country over the years,
- 00:14:09.177 --> 00:14:10.845
- Actually, net job growth all comes from small businesses.
- 00:14:10.845 --> 00:14:14.616
- The fortune 500 is actually a net smasher of jobs.
- 00:14:14.616 --> 00:14:17.519
- So we really owe it to mom and pop, barbershop and
- 00:14:17.519 --> 00:14:21.990
- And nail salon and and and swimming pool, public
- 00:14:21.990 --> 00:14:25.460
- Swimming pool
- 00:14:25.460 --> 00:14:26.461
- And all these kind of things where people run
- 00:14:26.461 --> 00:14:27.595
- These small businesses that mini golf
- 00:14:27.595 --> 00:14:30.265
- That create jobs and create prosperity
- 00:14:30.265 --> 00:14:32.100
- For ordinary, ordinary americans.
- 00:14:32.100 --> 00:14:33.802
- And i wish they talk about that more and talk less about,
- 00:14:33.802 --> 00:14:37.739
- The next person needs to be taken out
- 00:14:38.540 --> 00:14:40.608
- And things of this sort, we need to
- 00:14:40.608 --> 00:14:42.377
- We need more positivity if we're going to win the senate
- 00:14:42.377 --> 00:14:44.612
- And the house again, i think, i think
- 00:14:44.612 --> 00:14:46.514
- And by the way, i'm a republican to be to be straightforward.
- 00:14:46.514 --> 00:14:49.751
- But i think the house is looking pretty pretty weak.
- 00:14:49.751 --> 00:14:51.953
- The senate looks stronger.
- 00:14:51.953 --> 00:14:54.089
- Yeah. it's a serious time.
- 00:14:54.089 --> 00:14:55.457
- We've got to stay. we got to pay attention.
- 00:14:55.457 --> 00:14:57.892
- George c, thank you for sharing your insights with us again.
- 00:14:57.892 --> 00:15:01.162
- Here's to a strong year ahead.
- 00:15:01.162 --> 00:15:03.164
- We'll be back in touch with you soon.
- 00:15:03.164 --> 00:15:05.300
- Thank you alan.
- 00:15:05.300 --> 00:15:07.035
- And in a moment, the hope that carries us all through.
- 00:15:07.035 --> 00:15:10.238
- I'll be right back.
- 00:15:10.238 --> 00:15:18.008
- I'll be right back.
- 00:15:18.008 --> 00:15:21.986
- You know,
- 00:15:22.286 --> 00:15:22.820
- I pray you are putting
- 00:15:22.820 --> 00:15:23.888
- Money aside and investing it towards your future.
- 00:15:23.888 --> 00:15:27.792
- But even the most carefully tended investments are subject
- 00:15:27.792 --> 00:15:30.495
- To some things that you and i have no control over.
- 00:15:30.495 --> 00:15:33.131
- Wars.
- 00:15:33.131 --> 00:15:34.065
- Whether even the wisdom of fund managers.
- 00:15:34.065 --> 00:15:36.768
- And now we're finding out about the level of waste, fraud
- 00:15:36.768 --> 00:15:40.538
- And abuse that's taking place
- 00:15:40.538 --> 00:15:42.206
- Using our hard earned tax dollars.
- 00:15:42.206 --> 00:15:44.976
- Minnesota has been in the spotlight billions of dollars,
- 00:15:44.976 --> 00:15:48.346
- But nobody imagines that it's limited to minnesota.
- 00:15:48.346 --> 00:15:51.582
- We've had lawmakers pushing to use our money to expand
- 00:15:51.582 --> 00:15:55.153
- Health care coverage
- 00:15:55.153 --> 00:15:56.421
- For people who are here in this nation illegally.
- 00:15:56.421 --> 00:15:59.791
- Some lawmakers recently pushed almost 4 million for lgbtq
- 00:15:59.791 --> 00:16:04.328
- Plus democracy grants in the western balkans.
- 00:16:04.328 --> 00:16:08.199
- $2 million
- 00:16:08.499 --> 00:16:09.700
- On organizing for feminist democratic principles in africa.
- 00:16:09.700 --> 00:16:13.337
- Over 24 million for climate
- 00:16:13.938 --> 00:16:16.274
- Resilience in honduras.
- 00:16:16.274 --> 00:16:19.410
- It's just absurd.
- 00:16:19.410 --> 00:16:21.412
- It's unfortunate
- 00:16:21.412 --> 00:16:22.480
- We can't even trust our elected officials to do
- 00:16:22.480 --> 00:16:24.282
- What's in the interest of its citizens.
- 00:16:24.282 --> 00:16:26.717
- Well, as christ followers,
- 00:16:27.285 --> 00:16:28.820
- I want to admonish you to always remember there is one
- 00:16:28.820 --> 00:16:31.622
- Completely trustworthy place where you can invest.
- 00:16:31.622 --> 00:16:35.393
- It'll never give you a diminishing return.
- 00:16:35.393 --> 00:16:38.262
- And that's what we invest toward the purposes of god
- 00:16:38.262 --> 00:16:41.833
- As we enter this new year.
- 00:16:41.833 --> 00:16:43.201
- I want to suggest that we take a step back
- 00:16:43.201 --> 00:16:45.236
- From being consumed
- 00:16:45.236 --> 00:16:46.504
- By short term thinking and focus more on our spiritual legacy.
- 00:16:46.504 --> 00:16:51.042
- You may have a robust bank account.
- 00:16:51.042 --> 00:16:52.610
- You may have generational wealth.
- 00:16:52.610 --> 00:16:54.245
- That's a wonderful thing.
- 00:16:54.245 --> 00:16:55.413
- I'm not condemning it, but i'm asking you to imagine
- 00:16:55.413 --> 00:16:58.483
- That you have a generational, spiritual impact with your life.
- 00:16:58.483 --> 00:17:02.753
- Live in such a way that a few hundred years after you're gone.
- 00:17:02.753 --> 00:17:06.524
- Your great, great, great
- 00:17:06.524 --> 00:17:08.593
- Whatever are enjoying the blessings of god
- 00:17:08.593 --> 00:17:11.429
- Because of your spiritual life and choices.
- 00:17:11.429 --> 00:17:14.265
- You know, i assure you that your spiritual legacy will exceed
- 00:17:14.265 --> 00:17:17.168
- Whatever legacy you leave in physical assets.
- 00:17:17.168 --> 00:17:20.271
- Nothing you invest in god's
- 00:17:20.872 --> 00:17:22.240
- Kingdom could ever be lost or even lose its value.
- 00:17:22.240 --> 00:17:25.443
- It's the perfect time
- 00:17:25.443 --> 00:17:26.611
- To look at our priorities in life and ask,
- 00:17:26.611 --> 00:17:29.013
- How could i pursue god more fully?
- 00:17:29.013 --> 00:17:31.015
- More completely?
- 00:17:31.015 --> 00:17:32.650
- Let's begin the habit of meditating
- 00:17:32.650 --> 00:17:34.218
- On the things of god and opening our hearts
- 00:17:34.218 --> 00:17:36.087
- And our minds to the holy spirit.
- 00:17:36.087 --> 00:17:38.055
- If we'll do that, our spiritual heritage will exceed
- 00:17:38.055 --> 00:17:41.492
- Any resources we leave to the generations who follow us.
- 00:17:41.492 --> 00:17:45.129
- And that's a reason for hope.
- 00:17:45.129 --> 00:17:47.265
- We'll be right back with your emails.
- 00:17:47.265 --> 00:17:56.012
- We'll be right back with your emails.
- 00:17:56.012 --> 00:17:59.916
- Thank you for spending a few minutes of your day with us.
- 00:18:01.017 --> 00:18:03.486
- If you ever miss a live episode of the program,
- 00:18:03.486 --> 00:18:05.821
- Remember you can go to aj now.com.
- 00:18:05.821 --> 00:18:07.857
- There's a full archive there.
- 00:18:07.857 --> 00:18:08.991
- You can watch the programs at your leisure.
- 00:18:08.991 --> 00:18:11.594
- Your emails are always a highlight.
- 00:18:11.594 --> 00:18:14.397
- Linda from ohio wrote in.
- 00:18:14.397 --> 00:18:16.265
- In 2015 i founded a reenactment history camp to teach children
- 00:18:16.265 --> 00:18:20.770
- The true story of america's founding days.
- 00:18:20.770 --> 00:18:23.539
- Campers come as time travelers and learn everything
- 00:18:23.539 --> 00:18:26.108
- From the constitution to cursive writing,
- 00:18:26.108 --> 00:18:28.844
- Plus the critical virtues of good citizenship.
- 00:18:28.844 --> 00:18:32.014
- In the 1700s,
- 00:18:32.014 --> 00:18:33.082
- There were pastors known as the black girl brigade,
- 00:18:33.082 --> 00:18:35.318
- Who played a major role in winning america's independence.
- 00:18:35.318 --> 00:18:38.187
- You're an example of pastoral, patriotic leadership.
- 00:18:38.187 --> 00:18:41.591
- Thank you, and may god continue to bless you and bless america.
- 00:18:41.591 --> 00:18:45.928
- Well, i agree, linda.
- 00:18:45.928 --> 00:18:46.829
- May god bless america again.
- 00:18:46.829 --> 00:18:49.332
- And you are right.
- 00:18:49.332 --> 00:18:50.499
- The church has played a pivotal role
- 00:18:50.499 --> 00:18:52.835
- In the unfolding story of our nation.
- 00:18:52.835 --> 00:18:55.238
- And i believe if we're to have a strong future will because the
- 00:18:55.238 --> 00:18:58.574
- Because the church regains its strength and its influence
- 00:18:58.574 --> 00:19:02.345
- In our culture. thank you for teaching the children the truth.
- 00:19:02.345 --> 00:19:05.982
- Ruth from apple valley emailed
- 00:19:06.582 --> 00:19:09.252
- Pastor allen, thank you for having someone speak about
- 00:19:09.252 --> 00:19:11.287
- What has happened in venezuela when maduro was taken out.
- 00:19:11.287 --> 00:19:15.091
- We get such false information from the news media.
- 00:19:15.091 --> 00:19:17.393
- It's so good
- 00:19:17.393 --> 00:19:18.561
- To hear the truth about what's going on in that country.
- 00:19:18.561 --> 00:19:21.330
- But watching maduro
- 00:19:21.330 --> 00:19:22.765
- Be removed and venezuela began to be restored is a clear
- 00:19:22.765 --> 00:19:26.802
- Reminder of the destructive nature of communism.
- 00:19:26.802 --> 00:19:30.139
- We shouldn't be fooled.
- 00:19:30.139 --> 00:19:32.275
- Someone shared a video with me a day or two ago.
- 00:19:32.275 --> 00:19:35.144
- It was of pastors and faith leaders being released
- 00:19:35.144 --> 00:19:38.648
- From venezuelan prisons,
- 00:19:38.648 --> 00:19:40.816
- And they were meeting their families
- 00:19:40.816 --> 00:19:42.385
- As they were being released.
- 00:19:42.385 --> 00:19:43.352
- It was such a time of joy and celebration.
- 00:19:43.352 --> 00:19:46.522
- It's encouraging. god is moving in the earth.
- 00:19:46.522 --> 00:19:48.491
- Keep praying all over the earth.
- 00:19:48.491 --> 00:19:50.259
- We need god's freedom in nigeria, in iran.
- 00:19:50.259 --> 00:19:53.095
- There's no shortage of places.
- 00:19:53.095 --> 00:19:54.463
- China, ukraine, russia. god is moving.
- 00:19:54.463 --> 00:19:58.000
- Randy emailed in.
- 00:19:58.434 --> 00:19:59.568
- We have always stood by israel
- 00:19:59.568 --> 00:20:01.170
- And that they are god's chosen people.
- 00:20:01.170 --> 00:20:03.773
- My question is
- 00:20:03.773 --> 00:20:04.907
- Why did the jewish people vote with the democrats?
- 00:20:04.907 --> 00:20:07.410
- No one's been able to answer that question to me.
- 00:20:07.410 --> 00:20:09.545
- The democrats, as a group, support anti-semitism.
- 00:20:09.545 --> 00:20:12.648
- It makes no sense.
- 00:20:12.648 --> 00:20:14.917
- Well, there's not a simple answer,
- 00:20:14.917 --> 00:20:16.452
- Randy, but i'll give you a perspective.
- 00:20:16.452 --> 00:20:18.654
- Perhaps the jewish people, as a race of people, have suffered
- 00:20:18.654 --> 00:20:22.858
- Horrific persecution across many centuries,
- 00:20:22.858 --> 00:20:26.762
- And they tend to have a bias in favor of oppressed people.
- 00:20:26.762 --> 00:20:30.266
- Groups
- 00:20:30.266 --> 00:20:31.367
- And the democratic party until recently has managed
- 00:20:31.367 --> 00:20:33.936
- To at least give the presentation
- 00:20:33.936 --> 00:20:35.938
- That they were aligned with the oppressed.
- 00:20:35.938 --> 00:20:38.307
- I think the other thing to remember
- 00:20:38.307 --> 00:20:39.475
- Is jewish refers to a race of people,
- 00:20:39.475 --> 00:20:42.478
- And there's a great deal of diversity
- 00:20:42.478 --> 00:20:44.347
- In the jewish community
- 00:20:44.347 --> 00:20:45.381
- Around their beliefs and what they believe in.
- 00:20:45.381 --> 00:20:47.550
- It's not a homogenous group of thought.
- 00:20:47.550 --> 00:20:50.453
- Great questions.
- 00:20:50.853 --> 00:20:52.088
- Thank you for your time today.
- 00:20:52.088 --> 00:20:53.823
- I pray you have a wonderful evening.
- 00:20:53.823 --> 00:20:56.025
- I'm alan jackson.
- 00:20:56.025 --> 00:20:57.226
- And god bless you.
- 00:20:57.226 --> 00:20:57.226