December 18, 2024 • 36 mins
Data geek and our friend, Ryan Girdusky, on government spending, Poilievre and Canada. Social Security is an awful construct that needs to implode. Basic economics is lacking in America. How dare you, Marilyn?
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Speaker 1 (00:00):
Welcome back in Clay Travis buck Sexton Show, Final Hour,
Wednesday edition, one week until Christmas. I've been playing the
Grinch with you by just basically telling you the truth,
which most politicians don't. It's hard to solve the national
debt without addressing Social Security and Medicare.
Speaker 2 (00:20):
Ryan, you're a math guy.
Speaker 1 (00:22):
Ryan Gerdusky joins us now, and he is rolling in.
We were just having that discussion, whether you're a Democrat
or you're a Republican. We kind of have an era
of magical thinking when it comes to the budget, where
nobody will actually tell you how the money is truly
(00:43):
being spent and what has to occur for us not
to be spending more. And we have these fights over
continuing your resolutions. But you're pretty good guy with math.
I mean it basically comes down to it's hard to
cut spending without addressing what we spend on Social Security
and medicare.
Speaker 3 (01:03):
Right, and the Pentagon, the Pentagon is.
Speaker 2 (01:10):
The Pentagons the other. I mean.
Speaker 3 (01:11):
The thing is, the Pentagon has not passed an audit
in I think six years. And the craziest thing is
is in two thousand we were set to pay off
the entire national debt by twenty twelve's so the Bush
administration really really really threw us for a wrench, and
I don't I mean, ultimately, in a perfect world, what
(01:34):
would happen is everyone would grab their hands, cut spending,
raised taxes, and jump off the cliff together. That's not
going to happen, though, so they're going to I mean,
we're all just rearranging deck chairs in the Titanic until
we have a serious, serious conversation about what our what
(01:55):
our budget footprint looks like.
Speaker 2 (01:58):
Ryan.
Speaker 4 (02:00):
There's also the fake urgency situation of this, right, they
leave it until before the Christmas break because they know
that people are starting to tune out. And whatever they do,
whatever swampy conduct is in this fifteen hundred and forty
seven page bill, whatever crazy spending, we're all gonna forget.
(02:20):
You know, New Year's will be a little hungover, a
lot of champagne, et cetera. It just feels like they're
not even trying to be straight with the American people
on where the money's going and how much money's going.
Speaker 3 (02:32):
Right. And I mean, there are easy things just sit
there and cut. That's the craziest thing is there are
things that no American would really be impacted by, like
if we cut ninety nine percent of USAID, which is
where you hear those crazy programs like we give money
overseas for like feminism studies in Saudi Arabia. Those are
the things that like enrage most Americans that all the
(02:56):
USA we can pretty much cut and slice that department.
There are ways to slash spending that are affected. Will
you balance the budget off those things? Absolutely not? And
I think that that's where you're kind of the rubbers
meeting the road as far as are we even getting
those things, like why are we getting rid of the
low hanging fruit? And we're seemingly just increasing spending rather
(03:17):
than finding any which ways to cut it.
Speaker 4 (03:19):
Well, it is true that small winds often lead to
bigger wins, and so I agree that cutting those obviously
unnecessary and wasteful things, it's like cutting the dorridos out
of your diet before you start counting macros. You know,
it's making the small change before you make bigger changes,
something that I've been dealing with these days. By the way,
counting your macros not a lot of fun. Anyway, Ryan,
(03:42):
I wanted you to tell us what's going on in Canada.
First off, Peer Polyev catching fire on the internet right
now for being a straight talking, common sense hopefully future
Prime minister of Canada. They got huge problems over there
because Trudeau Trudeau has ruined that country in so many
But here's what Pierre Palyev says. His mission is, this
(04:03):
is cut one play it.
Speaker 5 (04:04):
She cut everything out of her budget, every creature, comfort,
everything she enjoyed about her life. She cut it out
so that she could drop one of those part time jobs.
And then one morning she woke up and she walked
outside and her car was gone. And she called her
insurance and they said they weren't going to cover the
replacement value. So she had to take that job back
(04:28):
because she simply cannot live her life without a car.
And you can bet your bottom dollar the guy who
stole the car, he was probably out on bail. This
was not his first job. Her taxes have gone up,
her heating bill has gone up, her wages have not
gone up. She's scared to go out in the streets
in places where they didn't even lock the door not
(04:48):
long ago.
Speaker 2 (04:49):
These are the people we're fighting for.
Speaker 5 (04:51):
These silly games over here, they're very entertaining the soap
opera that everyone seized with today. That's all fine, but
there are real peop both whose lives are on the
line here.
Speaker 2 (05:02):
And we have a duty to work for them.
Speaker 4 (05:05):
It's resonating Ryan down south here or south of the
Canadian border.
Speaker 2 (05:09):
What's going on?
Speaker 3 (05:11):
Yeah, I mean there is an election going to happen
sometime in twenty twenty five in Canada. Canada, like the
United Kingdom, they don't have a fixed election date. They
say sometime this year the Prime minister gets to call
an election. In their elections I think are a few
weeks long. It's not like a two year long race
in the United States. Right now, according to the Apicus
Data poll, which is a pretty good online polling company
(05:33):
back up in Canada, the Liberal Party, which is Trudeau's party,
is polling around between twenty one and twenty two percent
and the Conservative Party is between forty four and forty
five percent. Now, they have a first past the post
system in Canada, which is like we have the United States,
whoever gets the largest in a single member district wins
(05:53):
irregardless of the percentage that the vote goes over all.
So you'll see like the Libertarian Party gets like three
percent nationally, but they don't get any seats because you
have to win one specific seat. That's the way it
works in Canada too. It's not proportional right now. As
of right now, with the Apicus and Apicus polling, Trudeau's
Liberal Party is set to lose between eighty five to
(06:15):
ninety five percent of all their seats. That is how
bad Trudeau is polling. So the push to make Trudeau
resign is the push to save the Liberal Party of Canada.
It is not without historical president in Canada that when
a party, a major political party, loses enough seats, the
party just dissolves. There was a party one time called
(06:38):
the Conservative Progressive Party of Canada. This was the center
right party and one year, in one election cycle, they
lost one hundred and fifty four of one hundred and
fifty six seats and they just went away. They said
there's no point. They've ran two more cycles, they still
couldn't win any major seats and they just became the
Conservative Party. They merged with Stephen Harper's Conservative Party and
that party no longer exists. The Liberal Party is very,
(07:01):
very worried that they may not exist. They could be
the fourth largest Party, And in Canada, if you receive
less than twelve seats in the House of Commons, you
don't get federal money, you're not considered a major party,
you lose tons of stature, and it becomes almost impossible,
if not very very difficult, to ever regain that. So
the push to ALUs Trudeau is a push to save
(07:23):
the Liberal Party in any capacity, which who knows if
that's going to happen by the end of next year.
Speaker 1 (07:29):
Ryan, what's the impact if Pierre paulyev or someone like
him becomes the leader of Canada in a somewhat similar
fashion while Trump is the leader here, How would that
change things in North America in your mind?
Speaker 2 (07:44):
What impact would it have on America if any.
Speaker 3 (07:48):
Well, obviously we have a lot of trade with Canada.
That's a major major party. But also the number of
illegal immigrants coming from north of the border to Vermont
through Upstate New York through Maine is substantial. It's not
as small as it used to be because under Justin Trudeau,
the population of Canada through immigration has increased by fourteen
(08:09):
percent in the last five years. That would be like
America taking in fifteen million people in the last five years.
And Biden took a lot in, but he didn't take
fifteen million in. And while the population has exploded, which
has which has caused a massive housing crisis, it's caused
scarcity of resources, scarcity of hospital beds, scarcity of classrooms.
(08:31):
There's also the issue of the fact that the GDP
hasn't grown since since Trudeau took over. The GDP has
grown in Canada by about one point six percent versus
about nineteen percent in America. So Canada is definitely on reeling.
I mean they're reeling from justin Trudeau's socials policies, and
(08:51):
we are reeling from the fact that we are having
an excess number of illegal immigrants who are getting student
visas in Canada, who are getting work visas in Canada,
and they coming across the border as simply as quickly
as possible. It creates a national security threat. In some
places like China, the number of Chinese nationals who moved
to Canada is substantially higher, and it's an issue whether
it comes to our own border security period. And that
(09:14):
is I think the main point is number one, immigration
and the second thing is trade. Going for now, Canada
still has higher prices on certain American goods. They don't
ban outright America certain American goods, but they have preferential
treatment towards Canadian goods. All those things become a very
very big issue when you're talking about renegotiating possibly NAFTA
(09:36):
and also working about how to stop drugs from coming
across the border. So Pierre maybe, I mean, he's not
a vastly right wing person. He's far more conservad than
Trudeau is. But he will have the largest majority of
any conservative government in the entire Western hemisphere, far larger
than Norah Johnson had in twenty nineteen, larger than Trump
(09:57):
ever had, larger than Reagan ever had. So it will
be the ultimate real test in a Western democratic government.
Can you do a massive reform? I mean, he could
be he could make Canada the blueprint like El Salvador,
or he could you know, be one more failed Western leader.
Who knows, but he has he will have the largest
majority of any Western Democratic leader, conservative democratic leader in
(10:22):
the entire Western hemisphere.
Speaker 4 (10:24):
It has been remarkable to see the way that Pierre
paulief just by we're speaking to Ryan Gardusky, but Ryan
just by saying things that seem obvious that is a
defiant thing to do.
Speaker 2 (10:38):
In Canadian politics.
Speaker 4 (10:39):
It seems right to say things like how is it
that housing prices? I think I think I heard him
say that Trudeau spent sixty billion dollars to make housing
more affordable, and housing prices went up astronomically after spending
sixty billion dollars to make it more affordable. Like this
stuff is, I don't know how any Libs in Canada
(11:00):
voted for Trudeau do not feel like total morons.
Speaker 3 (11:03):
Well, that Trudeau is losing forty percent of his base
that voted for him just in twenty nineteen. That would
literally be like the Democratic Party post election being left
to San Francisco, Chicago, the Upper West Side and a
few other hotspots. And that's it. I mean, it would
be like it would be like the Democratic Party having
(11:24):
like twenty five or forty seats in the House Representatives.
That's how badly Trudeau is doing. And the problem is
is that liberals, and this is true in America, it's
true in the UK, it's true in Canada. Economists and
liberals have said in order to grow your economy, you
need mass immigration. There's no way around it. Well, the
UK and Canada I have had unprecedented mass immigration for
(11:47):
the last four or five years, and both their economies
have sunk because of it, and there have been housing
crisis because of it, and people have approached the idea
of housing as a supply issue, when in fact it
is a demand issue. When you have unlimited mass immigration,
you'll never build enough houses, especially considering eighty percent of
the Canadian population lives within a stone throw of Michigan,
(12:09):
New York.
Speaker 2 (12:10):
Or Washington.
Speaker 3 (12:12):
They all live very very close to the United States
border because it's too cold in the Yukon territory. So
this is a major, major, major issue for Canada obviously
if he's there, if the Canadian if Pierre becomes a
conservative leader in Canada and the United States as a
conservative president, there'll be a lot easier cooperation. In Mexico,
(12:33):
being the last of the three major countries in North America,
having a very far left president a leader which is
their leaders very socialistic, will at least have a two
people on one side, hopefully on most major trade issues,
but also on the issue of American influence. Our sphere
of influence has declined substantially since the turn of the millennium,
(12:55):
as China has grown as other countries go, but primarily China.
So this is a major, major concerned.
Speaker 2 (13:00):
You want people who.
Speaker 3 (13:01):
Have the same worldview as you, and you also want
a situation where you have someone who cares about their
border and their mass immigration when it is our only
neighbor to the north.
Speaker 1 (13:11):
Ryan Gerdusky, good stuff, as always. Appreciate you, my man,
Thank you. Wait, can I just say something? Ryan is
launching a podcast on the Clay and buck Net.
Speaker 2 (13:20):
Yes, that's year.
Speaker 4 (13:21):
Yes, yes, yes, yes, and Ryan, what is the name
of the podcast and what's what's kind of the overview
of what you're going to be tackling.
Speaker 3 (13:30):
It's called It's a Numbers Game with Ryan Gerdusky, and
basically every week I will present to you some data,
mostly on politics, but also on the economy and culture
and other issues, and I will break down the numbers
that you should know on different kinds of issues. Our
first episode, we're talking about the new House Representatives and
the new Senate and which are the key players that
will make the difference in such a tight House representatives
(13:53):
and the upcoming Senate elections in twenty twenty six.
Speaker 2 (13:56):
Awesome stuff, Ryan, Check that out.
Speaker 1 (13:58):
Podcast Network as exploded in popularity. You guys are killing it.
We appreciate all the subscribers and we'll talk to you
again soon.
Speaker 3 (14:07):
Thank you.
Speaker 1 (14:09):
That's Ryan Gardusky, newest member of the Clay and Buck
podcast and network coming. That network is absolutely dominating. Twenty
twenty five is gonna be a lot of fun with
that as well. Now it is one week until Christmas.
Are you potentially feel a little bit tired. Maybe you
were out late last night for a company Christmas party.
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(14:32):
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Speaker 3 (15:36):
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Speaker 1 (15:45):
Find it in their podcast feed on the iHeartRadio app
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Speaker 4 (15:50):
So the Fed just did another interest rate cut, expected
to do a few of them in twenty twenty five,
and the pretty big cuts we saw on twenty twenty
four housing, credit card interest rates.
Speaker 2 (16:02):
All that good stuff or all that stuff I should say.
Speaker 4 (16:06):
And then there's also the Democrat I'm sorry, the Congress
in general asked about the pay raise for Congress that
is in the cr which.
Speaker 2 (16:15):
Looks like it's going to go through.
Speaker 4 (16:18):
Senator Dick Durbin asked about this by CNN, and Senator
Derbin gets a little feisty with the home team media
of CNN play twelve.
Speaker 3 (16:27):
Members are giving themselves a pay raise. Do you guys
deserve a pay raise?
Speaker 6 (16:30):
Well, that's news to me, it's good news. You know what,
has it been ten years or fourteen years and no cola,
no change at all? And I think it's about time
something said.
Speaker 5 (16:39):
Here's a piece of port kidding giving yourself.
Speaker 6 (16:42):
How would I not know about eies?
Speaker 3 (16:44):
But I mean, I mean, people look at the performance
of Congress, say why should we give them more money?
Speaker 6 (16:48):
What about the media? Think about that for a second.
Speaker 7 (16:51):
We're not paid by public money.
Speaker 6 (16:52):
I know you're not, but I mean half of your
listeners are not there anymore. You're still getting the same paycheck.
Speaker 4 (16:57):
What's going on, Clay Dick Durbin, We're not a body,
slammed a CNN congressional reporter before this election.
Speaker 2 (17:04):
I think we both know that. Yeah, and I do
think that's a little bit funny.
Speaker 1 (17:10):
And we'll see what ends up happening with the cr
But the reason we're talking about this is everybody's kind
of dancing around the edges and they don't want to
address the elephant in the room, which is the overall
trajectory of government spending is out of control. And most
of where it comes from is not ever talked about
(17:31):
for fear of upsetting people. So again, this is the
reality of where we are. And Merry Christmas to all
bahumbug I guess simultaneously.
Speaker 4 (17:42):
The radio host with the green fur and the Santa
hat on who wants to take away all your goodies
is Clay. Just to be clear to everything that's that's
at Clay Travis on X. I'm just kidding. I want
to deal with the debt too, but nobody else does anyway.
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Speaker 1 (18:50):
Welcome back in Clay, Travis Buck Sexton Show. Appreciate all
of you hanging out with us. A lot of people. Uh, well,
we got some talk Shall we play some talkbacks here?
Speaker 2 (19:01):
Buck?
Speaker 1 (19:01):
Let people react to some of the comments that we
have had so far. This is from Tampa. Unidentified Tampa listener.
By the way, when you reach out through and you
leave a message for us, you might want to use
your name and so we don't have to say unidentified
as if you're a UFO. But this is a Tampa
listeners A has a take.
Speaker 2 (19:22):
Listen.
Speaker 8 (19:22):
The elephant in the room is term limits. You have
these politicians that have been there for years. They promise
everything they put jump into the budget just to make
their constituents happy. We really need term limits that would
help cut the budget.
Speaker 1 (19:41):
I don't disagree in general with the idea of term limits.
And we've said on this show for some time, Buck,
I don't think you should spend like Joe Biden did
fifty years in government. Government should be something you do,
not something that is your job for your entire life.
The problem with term limits in general is we all
(20:01):
can go vote for whoever we want in Congress every
two years or in the Senate every you know, six
year terms, but every four years pretty much there's a
Senate race in your favorite your home state.
Speaker 4 (20:13):
They serve terms. So the whole point is the accountability
comes for re election. And some of these Republicans, I
think is where people get so frustrated. In particular, they
just play the same game. You know, I don't know.
Maybe there's a deep state republic I mean a deep
red Republican senator, a deep state Republicans, and a deep
deep red Republican senator who you know, goes along with
(20:37):
the DC consensus a lot, but he shows up on
Fox News once in a while and says a few
good things and everyone forgets and they keep elected him,
electing him, And there's a whole bunch of these where,
you know, I just want to say, like, why why
is there a cent Why is Senator Cornyn able to
represent the great state of Texas. Why is James Langford representing?
(20:58):
What is the Oklahoma right He's the guy who went
along with the idiotic border bill in the election year,
which is all just to give cover to Democrats. Well,
people in Oklahoma are going to vote for James Langford again,
probably or a least they voted for him in the
first place. You know, we got to take accountability, man.
The end of accountability is the end of doing any
good things in government because no one's ever responsible for anything.
Speaker 2 (21:21):
So that's how I feel about it.
Speaker 1 (21:23):
Let me also hit this, since we're playing grinch here,
let me also hit this so security concept in general,
because I think a lot of times people don't really
examine things because they just have always been there. So
security is an awful, I think construct that eventually has
(21:44):
to explode. And the reason why that is just follow
me along here, and by the way, you can reach
out and explain if I'm not understanding something basic. But
I'm just trying to explain people in a couple of
minutes what goes on here. They take meaning government does
a set portion of your paycheck from the moment you
(22:05):
start getting a job, and they say, we'll give this
back to you when you get old. When they take
your money, they don't allow that money to grow at
its natural rate. If you just bought, say, S and
P five hundred index funds and reinvested it, you would
make over time eight or nine percent over the course
(22:28):
of that time. And by the way, the reason why
compound interest works and why you should invest, I'm giving
you a little bit of a tip is.
Speaker 2 (22:33):
What I do.
Speaker 1 (22:34):
Every ten years. Your money should double if you invest
it decently. If you just buy index funds and don't
touch it just every ten years, it should double.
Speaker 2 (22:43):
Okay.
Speaker 1 (22:45):
They give you instead of what you would actually earn
on your money, they give you a rate of return,
which is basically inflation, and typically inflation is two or
three percent if you have a decent person in charge
of the economy, not Joe Biden, right, and then you
only get it if you and or your spouse are
(23:09):
alive when you get to that age. That's an awful
freaking deal, and most people just accept it because it's
always existed for all of our lives, and now it's
going to implode because it was always predicated on the
idea that there are more young people than there are
(23:32):
old people. But if you look at the distribution of
ages in this country, we are soon going to have
an aging and graining population. And this is not unique
to the United States. This is happening all over the
world by and large, except for Africa. And so the
math doesn't add up because there aren't enough young people
(23:54):
to pay for old people's retirement. But the deal itself
is a bad one for everyone. And if you're out
there and you actually labor that as you work with
your hands, you are physically doing a hard, physical job
as opposed to like what you and I do, Buck,
or you just sitn't talking to a mic. But if
you're out there listening to us right now, and at
(24:15):
the end of the day you're tired physically because of
your labor, you actually get the worst deal of all
because your average age, your average length of life is lower.
So poor people don't live as long as rich people.
So you're taking the money from poor people and you're
using it to pay for rich people's retirement.
Speaker 2 (24:39):
I nobody talks about it.
Speaker 4 (24:41):
The ombudsman here at Clay, but we are vocal court athletes, sir.
Speaker 2 (24:46):
So you know, let's give us funny.
Speaker 3 (24:48):
You know.
Speaker 1 (24:49):
Sometimes this is where having kids is so interesting, because
kids come to the world with open eyes and they think, like,
is this the right thing to do? Young people in general,
the older you get, the less you question. By and large,
whatever system you find yourself in this is this is
about psychology, not about math.
Speaker 2 (25:08):
That's the problem.
Speaker 4 (25:09):
And the psychology is people want to know that when
they're old, the government will be there for them. That's
what this really comes down to. It's the same way
that no matter how many times we go over minimum
minimum wage and it doesn't work the way that it's intended.
Speaker 2 (25:21):
People like minimum.
Speaker 4 (25:22):
Wage because they like the idea of people being paid
a decent wage for their labor, and they don't trust
the market and they worry about exploitation.
Speaker 2 (25:30):
So it's emotional.
Speaker 4 (25:31):
So I can tell people that, you know, by setting
the minimum wage, if you set it too high, here's
what happens. People lose jobs. Automation. Yeah, we can go
through some million times people like it. And the thing
and this is why a little bit of this is
kind of you know, sticking our hand into the blender
on this issue a little bit.
Speaker 2 (25:47):
Thanks Clay.
Speaker 4 (25:47):
Right before Christmas, He's like, let's let's antagonize some of
the pro soles.
Speaker 1 (25:52):
Well, this CR is going on and people get fired
up every year and they're like, we got to do
something about this, and then the CR gets passed and not.
Speaker 4 (26:00):
The truth is you know, I actually saw this, this
clip of Believe It or Not Ben Affleck. I saw
him discussing. I know this is gonna sound like a diversion,
but like Trump, I'm weaving.
Speaker 2 (26:10):
I'm weaving. It's gonna make sense.
Speaker 4 (26:13):
The Ben Affleck very astude on AI and what we'll
do for the entertainment industry. I don't know if you've
seen that clip as well, but he's he can dial
into things. He does understand. He does not understand the
Middle Easter or politics, but he understands AI in the
context of movies. And he also understands suffering in the
context of somebody who struggled with alcohol. And I saw
this clip of him where he just said, you know,
(26:35):
there's all this stuff and he said, I give respect
to twelve step programs, I give respect to AA.
Speaker 2 (26:39):
It's very helpful for people.
Speaker 4 (26:41):
He's like, really, the fundamental truth is you will change
when you have just suffered enough, when you've decided I'm
and for for him, the point was my alcohol abuse
is hurting my relationship with my kids, and that cannot continue.
I have suffered enough. I will change with some of
these issues of structural finance and the debt and the
(27:06):
yearly deficit everything. I think we haven't suffered enough, and
so we won't change because we haven't suffered enough. And
I know that this is not satisfactory for people, because
anyone who looks at the numbers, so security runs out,
I should say it's insolvent, doesn't run out. In twenty
thirty five Medicare, people say I pay into Medicare. Most
(27:26):
people take out twice what they pay in. Okay, that's
not mathematically sustainable, But I just, man, we haven't suffered enough.
We haven't seen the interest on the debt become one
of the you know, the third largest budget item, bigger
than even the Pentagon. We haven't seen what that does
to household income. We haven't, So I hate to be
(27:49):
the bear of Manham. I'm taking your grinch roll right now.
The truth is Americans haven't suffered enough from the overspending,
so we're not going to do anything about it. The
only thing that can save us is if Doge starts
to rack up some wins on the small stuff and
people realize this is doable. The alternative more suffering until
we want the suffering to stop, and it may be
too late to stop it.
Speaker 1 (28:10):
Here's the other downside on this buck how many people
lack the ability to understand basic economics, so they're not
They may recognize the result, but they're not aware of
how to fix the situation. That's a bit like everybody
understands that prices are out of control. When you go
(28:30):
to the grocery store, you feel it. When you drive
through a fast food restaurant, you feel it. But how
many people understand what's necessary to fix that. That's my concern.
Even on the suffering, you can suffer but not understand
how to rectify the suffering. On the analogy, it's been athletic.
If you're an alcoholic, at some point you look at
(28:52):
the alcohol and you say, that is doing this to me.
I'm not going to touch it anymore. It's a rational response.
Most people can understand that. My concern is we don't
teach basic economics very well to the average kid in America,
and so a lot of people don't have the tools
to understand how to rectify economic failure in the country
(29:15):
and then hold people accountable who are making the choices
that cause it. Look, that's my concern, something that you know,
I try to I wish I whoa Ginger?
Speaker 2 (29:24):
Sorry about that? That scared me. I thought it was
a rooster.
Speaker 4 (29:28):
Ginger just right. She snuck under the radio table. She's
being such a little peaceful, little snuggle bunny under the
table here, and someone came in the front door and
she just jumped up like a watchdog. Sorry about that, everybody.
That kind of caught me by surprise. Dude, She's been
napping peacefully at my feet the entire show. You know what,
when we come back, I think Ginger saying, enough, you clowns,
(29:49):
stop talking about this sad stuff.
Speaker 7 (29:50):
Let's talk about Christmas at holiday cheer and take.
Speaker 4 (29:54):
Some of your calls, hopefully nice ones, and you know,
meaning nice about us, but maybe not. We'll get into
all that coming up in a second. Fellow gun owners,
some eve been asking me.
Speaker 7 (30:04):
I was glad.
Speaker 4 (30:05):
They've been asking me on x to like, Hey, I'm
seeing you. You're really dialed in on your shooting these days.
What's going on?
Speaker 2 (30:10):
People? Look that's not twenty yards. You're only fifteen yards away.
Speaker 4 (30:13):
Guys, fifteen yards twenty yards dead on shot. A dead
on shot is a dead on shot.
Speaker 2 (30:18):
You know what I mean? Good to go?
Speaker 4 (30:20):
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Speaker 2 (30:33):
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Speaker 4 (30:36):
It takes about a half an hour of using it
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Military members use mantis X a lot. You can use
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Go to mantisx dot com today. You'll quickly improve your
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(30:57):
that's Ma and tis.
Speaker 3 (30:59):
X, Play, Travis and Buck Sexton telling it like it is.
Speaker 1 (31:05):
Find them on the free iHeartRadio app or wherever you
get your podcasts.
Speaker 7 (31:10):
Welcome back in everybody.
Speaker 4 (31:12):
It is the close of our wonderful show today. Play
has play likes to do Dick the bee Hive on
social Security. But you know what, It's just like a
Christmas dinner with family. Sometimes things get a little salty
at the table. Because we all love each other so much,
we can just sort of have it at But the
one thing that I will say, Clay, I don't know
(31:32):
if there's limit, or rather I think there are limits.
There are some things that we can or cannot abide
here on the show. And when we get a talk back,
and this is from where is this Merlyn? I believe
has just I mean, she's gone too far. Oh this
(31:55):
is an email. I'm sorry, this is an email for us,
and it's just a little bit upsetting when somebody comes
you know which one which way?
Speaker 7 (32:04):
I can't find it right now where I've got it
right here?
Speaker 1 (32:06):
Oh okay, guys, at your recommendation, Marylyn says, we watched
die Hard last night. First of all, let me pause here.
This is our opening sentence. I love that there were
people out there who have never watched die Hard until
they heard us talking about it. This has been a
classic movie since what nineteen eighty nine? It has existed
(32:27):
for forty years, whatever the math is, thirty thirty five years.
And know what, Marilynd hadn't watched it, heard us suddenly say, hey,
Diehard's a good movie, She decides she has to watch it.
It wasn't as exciting as anticipated, and I wondered why
Bruce Willis started with a white undershirt, then changed to
(32:48):
a black undershirt, and ended with a dirty white undershirt.
Speaker 2 (32:51):
Maryland's dead to me, Buck, I don't.
Speaker 4 (32:55):
Understand how you could watch I hear you Maryland going
after die Hard days before Chris.
Speaker 1 (33:00):
How could you watch die Harden say it wasn't exciting enough?
What is Marilyn usually watching? I mean, in all sincerity,
that's like you could criticize. You could criticize, like, Okay,
she doesn't like the shirt that that Bruce Willis is wearing.
It wasn't as exciting enough for Maryland? What like, I'm sorry, Marylyn,
(33:20):
how are you usually spending your time? Die Hard is
one of the most exciting movies ever.
Speaker 4 (33:28):
Well, Marilyn has agrees, and you know what, I admire
her hootspot for telling us off right on our own show.
For our die Hard recommendation, Marylyn wrote in and stand your.
Speaker 1 (33:38):
Ground, hey, terrorists taking over a building and literally from
like the eighth minute of the movie, on Bruce Willis's
character John McClain fighting every second for his life while
his wife might be about to be.
Speaker 2 (33:54):
Murdered by the terrorist spoiler alert.
Speaker 1 (33:56):
While you got our man Argyle hanging out down in
the U in the limo. Uh, Carl Winslow, the Reginald Johnson.
Speaker 2 (34:06):
Reginald Johnson, the cop.
Speaker 4 (34:08):
Who launched one of my favorite sitcoms when I was
a kid, which was Family Matters correct, based off of
his portrayal of the the kind of you know, the
twinkie eating police officer who becomes a hero this is
no no Beef the law enforce and becomes a hero
in the movie as we all know. But I gotta
tell you, yeah, the running around barefoot. I have a
(34:28):
Diehard glass. Diehard is amazing. A couple of things, Marylyn,
you know what, You've opened this Pandora's box.
Speaker 2 (34:34):
I'm gonna jump in there with you for a second.
A couple of things.
Speaker 4 (34:37):
First of all, Hans Gruber is supposed to be German.
He has a British accent the entire time. Okay, the
lead bad guy. If we're going down this pathay, you
should be like, oh, it's like I want I want
you to send in him money. It's a barrel bonds
like instead He's like, yes, I have a fancy suit,
like that's that's a cold.
Speaker 1 (34:58):
Okay, But I actually, I actually think I can explain
that he's German, but he learned English from British people,
so he speaks English with the British.
Speaker 7 (35:08):
I got, no, have you ever met a German? Have
you ever met a German?
Speaker 4 (35:10):
Okay, put that aside. Okay, they all sound German, none
of them. Nobody's like I grew up in Dusseldorf and
now I have no accent. But also also the bad
guys in the movie all look and dress like they're
in some some Berlin art collective or something.
Speaker 7 (35:26):
They got like long hair and designer clothing on.
Speaker 2 (35:29):
They got that.
Speaker 4 (35:30):
The one dude was a famous ballet answer you know
that Alexander Gudenov, the blonde guy.
Speaker 2 (35:35):
Yep, yep, the blonde.
Speaker 4 (35:37):
It's kind of a funny, you know, like like what
terrorists have you ever seen before that looked like these guys.
Speaker 7 (35:43):
It's kind of a thing.
Speaker 4 (35:45):
They look like they're like, my name is Hans, and
I'm here to teach you how to make the most
amazing paintings.
Speaker 2 (35:51):
Have you and Carrie watched it yet?
Speaker 7 (35:53):
No?
Speaker 4 (35:54):
For Friday that's our Friday watch. If Carrie, you gotta
text me after you watch it. If Carrie says it's
too boring for her, I'm gonna be like, I don't
what what movies are you watching?
Speaker 1 (36:05):
Like, I would love to hear what Marilynd's like, Hey,
this is an actual exciting movie.
Speaker 4 (36:10):
Carry, Carry's gonna Carry's gonna like die her. Let me
tell you why. My wife obviously comes from three generations
of military service. And we watched Band of Brothers Clay Oh,
and we obviously loved it, which is amazing love an
incredibly powerful, fantastic series. And then like a few weeks later,
we were trying to think of something to watch and
my wife looks me when I.
Speaker 2 (36:30):
Knew I made the right choice.
Speaker 4 (36:31):
Marriner, she goes, maybe we should just watch Band of
Brothers again. I was like, yes, yes, I gotta go
to Christmas. Gladiator, by the way, have you seen it yet? No,
we got to talk about it.
Welcome back in Clay Travis buck Sexton Show, Final Hour,
Wednesday edition, one week until Christmas. I've been playing the
Grinch with you by just basically telling you the truth,
which most politicians don't. It's hard to solve the national
debt without addressing Social Security and Medicare.
Speaker 2 (00:20):
Ryan, you're a math guy.
Speaker 1 (00:22):
Ryan Gerdusky joins us now, and he is rolling in.
We were just having that discussion, whether you're a Democrat
or you're a Republican. We kind of have an era
of magical thinking when it comes to the budget, where
nobody will actually tell you how the money is truly
(00:43):
being spent and what has to occur for us not
to be spending more. And we have these fights over
continuing your resolutions. But you're pretty good guy with math.
I mean it basically comes down to it's hard to
cut spending without addressing what we spend on Social Security
and medicare.
Speaker 3 (01:03):
Right, and the Pentagon, the Pentagon is.
Speaker 2 (01:10):
The Pentagons the other. I mean.
Speaker 3 (01:11):
The thing is, the Pentagon has not passed an audit
in I think six years. And the craziest thing is
is in two thousand we were set to pay off
the entire national debt by twenty twelve's so the Bush
administration really really really threw us for a wrench, and
I don't I mean, ultimately, in a perfect world, what
(01:34):
would happen is everyone would grab their hands, cut spending,
raised taxes, and jump off the cliff together. That's not
going to happen, though, so they're going to I mean,
we're all just rearranging deck chairs in the Titanic until
we have a serious, serious conversation about what our what
(01:55):
our budget footprint looks like.
Speaker 2 (01:58):
Ryan.
Speaker 4 (02:00):
There's also the fake urgency situation of this, right, they
leave it until before the Christmas break because they know
that people are starting to tune out. And whatever they do,
whatever swampy conduct is in this fifteen hundred and forty
seven page bill, whatever crazy spending, we're all gonna forget.
(02:20):
You know, New Year's will be a little hungover, a
lot of champagne, et cetera. It just feels like they're
not even trying to be straight with the American people
on where the money's going and how much money's going.
Speaker 3 (02:32):
Right. And I mean, there are easy things just sit
there and cut. That's the craziest thing is there are
things that no American would really be impacted by, like
if we cut ninety nine percent of USAID, which is
where you hear those crazy programs like we give money
overseas for like feminism studies in Saudi Arabia. Those are
the things that like enrage most Americans that all the
(02:56):
USA we can pretty much cut and slice that department.
There are ways to slash spending that are affected. Will
you balance the budget off those things? Absolutely not? And
I think that that's where you're kind of the rubbers
meeting the road as far as are we even getting
those things, like why are we getting rid of the
low hanging fruit? And we're seemingly just increasing spending rather
(03:17):
than finding any which ways to cut it.
Speaker 4 (03:19):
Well, it is true that small winds often lead to
bigger wins, and so I agree that cutting those obviously
unnecessary and wasteful things, it's like cutting the dorridos out
of your diet before you start counting macros. You know,
it's making the small change before you make bigger changes,
something that I've been dealing with these days. By the way,
counting your macros not a lot of fun. Anyway, Ryan,
(03:42):
I wanted you to tell us what's going on in Canada.
First off, Peer Polyev catching fire on the internet right
now for being a straight talking, common sense hopefully future
Prime minister of Canada. They got huge problems over there
because Trudeau Trudeau has ruined that country in so many
But here's what Pierre Palyev says. His mission is, this
(04:03):
is cut one play it.
Speaker 5 (04:04):
She cut everything out of her budget, every creature, comfort,
everything she enjoyed about her life. She cut it out
so that she could drop one of those part time jobs.
And then one morning she woke up and she walked
outside and her car was gone. And she called her
insurance and they said they weren't going to cover the
replacement value. So she had to take that job back
(04:28):
because she simply cannot live her life without a car.
And you can bet your bottom dollar the guy who
stole the car, he was probably out on bail. This
was not his first job. Her taxes have gone up,
her heating bill has gone up, her wages have not
gone up. She's scared to go out in the streets
in places where they didn't even lock the door not
(04:48):
long ago.
Speaker 2 (04:49):
These are the people we're fighting for.
Speaker 5 (04:51):
These silly games over here, they're very entertaining the soap
opera that everyone seized with today. That's all fine, but
there are real peop both whose lives are on the
line here.
Speaker 2 (05:02):
And we have a duty to work for them.
Speaker 4 (05:05):
It's resonating Ryan down south here or south of the
Canadian border.
Speaker 2 (05:09):
What's going on?
Speaker 3 (05:11):
Yeah, I mean there is an election going to happen
sometime in twenty twenty five in Canada. Canada, like the
United Kingdom, they don't have a fixed election date. They
say sometime this year the Prime minister gets to call
an election. In their elections I think are a few
weeks long. It's not like a two year long race
in the United States. Right now, according to the Apicus
Data poll, which is a pretty good online polling company
(05:33):
back up in Canada, the Liberal Party, which is Trudeau's party,
is polling around between twenty one and twenty two percent
and the Conservative Party is between forty four and forty
five percent. Now, they have a first past the post
system in Canada, which is like we have the United States,
whoever gets the largest in a single member district wins
(05:53):
irregardless of the percentage that the vote goes over all.
So you'll see like the Libertarian Party gets like three
percent nationally, but they don't get any seats because you
have to win one specific seat. That's the way it
works in Canada too. It's not proportional right now. As
of right now, with the Apicus and Apicus polling, Trudeau's
Liberal Party is set to lose between eighty five to
(06:15):
ninety five percent of all their seats. That is how
bad Trudeau is polling. So the push to make Trudeau
resign is the push to save the Liberal Party of Canada.
It is not without historical president in Canada that when
a party, a major political party, loses enough seats, the
party just dissolves. There was a party one time called
(06:38):
the Conservative Progressive Party of Canada. This was the center
right party and one year, in one election cycle, they
lost one hundred and fifty four of one hundred and
fifty six seats and they just went away. They said
there's no point. They've ran two more cycles, they still
couldn't win any major seats and they just became the
Conservative Party. They merged with Stephen Harper's Conservative Party and
that party no longer exists. The Liberal Party is very,
(07:01):
very worried that they may not exist. They could be
the fourth largest Party, And in Canada, if you receive
less than twelve seats in the House of Commons, you
don't get federal money, you're not considered a major party,
you lose tons of stature, and it becomes almost impossible,
if not very very difficult, to ever regain that. So
the push to ALUs Trudeau is a push to save
(07:23):
the Liberal Party in any capacity, which who knows if
that's going to happen by the end of next year.
Speaker 1 (07:29):
Ryan, what's the impact if Pierre paulyev or someone like
him becomes the leader of Canada in a somewhat similar
fashion while Trump is the leader here, How would that
change things in North America in your mind?
Speaker 2 (07:44):
What impact would it have on America if any.
Speaker 3 (07:48):
Well, obviously we have a lot of trade with Canada.
That's a major major party. But also the number of
illegal immigrants coming from north of the border to Vermont
through Upstate New York through Maine is substantial. It's not
as small as it used to be because under Justin Trudeau,
the population of Canada through immigration has increased by fourteen
(08:09):
percent in the last five years. That would be like
America taking in fifteen million people in the last five years.
And Biden took a lot in, but he didn't take
fifteen million in. And while the population has exploded, which
has which has caused a massive housing crisis, it's caused
scarcity of resources, scarcity of hospital beds, scarcity of classrooms.
(08:31):
There's also the issue of the fact that the GDP
hasn't grown since since Trudeau took over. The GDP has
grown in Canada by about one point six percent versus
about nineteen percent in America. So Canada is definitely on reeling.
I mean they're reeling from justin Trudeau's socials policies, and
(08:51):
we are reeling from the fact that we are having
an excess number of illegal immigrants who are getting student
visas in Canada, who are getting work visas in Canada,
and they coming across the border as simply as quickly
as possible. It creates a national security threat. In some
places like China, the number of Chinese nationals who moved
to Canada is substantially higher, and it's an issue whether
it comes to our own border security period. And that
(09:14):
is I think the main point is number one, immigration
and the second thing is trade. Going for now, Canada
still has higher prices on certain American goods. They don't
ban outright America certain American goods, but they have preferential
treatment towards Canadian goods. All those things become a very
very big issue when you're talking about renegotiating possibly NAFTA
(09:36):
and also working about how to stop drugs from coming
across the border. So Pierre maybe, I mean, he's not
a vastly right wing person. He's far more conservad than
Trudeau is. But he will have the largest majority of
any conservative government in the entire Western hemisphere, far larger
than Norah Johnson had in twenty nineteen, larger than Trump
(09:57):
ever had, larger than Reagan ever had. So it will
be the ultimate real test in a Western democratic government.
Can you do a massive reform? I mean, he could
be he could make Canada the blueprint like El Salvador,
or he could you know, be one more failed Western leader.
Who knows, but he has he will have the largest
majority of any Western Democratic leader, conservative democratic leader in
(10:22):
the entire Western hemisphere.
Speaker 4 (10:24):
It has been remarkable to see the way that Pierre
paulief just by we're speaking to Ryan Gardusky, but Ryan
just by saying things that seem obvious that is a
defiant thing to do.
Speaker 2 (10:38):
In Canadian politics.
Speaker 4 (10:39):
It seems right to say things like how is it
that housing prices? I think I think I heard him
say that Trudeau spent sixty billion dollars to make housing
more affordable, and housing prices went up astronomically after spending
sixty billion dollars to make it more affordable. Like this
stuff is, I don't know how any Libs in Canada
(11:00):
voted for Trudeau do not feel like total morons.
Speaker 3 (11:03):
Well, that Trudeau is losing forty percent of his base
that voted for him just in twenty nineteen. That would
literally be like the Democratic Party post election being left
to San Francisco, Chicago, the Upper West Side and a
few other hotspots. And that's it. I mean, it would
be like it would be like the Democratic Party having
(11:24):
like twenty five or forty seats in the House Representatives.
That's how badly Trudeau is doing. And the problem is
is that liberals, and this is true in America, it's
true in the UK, it's true in Canada. Economists and
liberals have said in order to grow your economy, you
need mass immigration. There's no way around it. Well, the
UK and Canada I have had unprecedented mass immigration for
(11:47):
the last four or five years, and both their economies
have sunk because of it, and there have been housing
crisis because of it, and people have approached the idea
of housing as a supply issue, when in fact it
is a demand issue. When you have unlimited mass immigration,
you'll never build enough houses, especially considering eighty percent of
the Canadian population lives within a stone throw of Michigan,
(12:09):
New York.
Speaker 2 (12:10):
Or Washington.
Speaker 3 (12:12):
They all live very very close to the United States
border because it's too cold in the Yukon territory. So
this is a major, major, major issue for Canada obviously
if he's there, if the Canadian if Pierre becomes a
conservative leader in Canada and the United States as a
conservative president, there'll be a lot easier cooperation. In Mexico,
(12:33):
being the last of the three major countries in North America,
having a very far left president a leader which is
their leaders very socialistic, will at least have a two
people on one side, hopefully on most major trade issues,
but also on the issue of American influence. Our sphere
of influence has declined substantially since the turn of the millennium,
(12:55):
as China has grown as other countries go, but primarily China.
So this is a major, major concerned.
Speaker 2 (13:00):
You want people who.
Speaker 3 (13:01):
Have the same worldview as you, and you also want
a situation where you have someone who cares about their
border and their mass immigration when it is our only
neighbor to the north.
Speaker 1 (13:11):
Ryan Gerdusky, good stuff, as always. Appreciate you, my man,
Thank you. Wait, can I just say something? Ryan is
launching a podcast on the Clay and buck Net.
Speaker 2 (13:20):
Yes, that's year.
Speaker 4 (13:21):
Yes, yes, yes, yes, and Ryan, what is the name
of the podcast and what's what's kind of the overview
of what you're going to be tackling.
Speaker 3 (13:30):
It's called It's a Numbers Game with Ryan Gerdusky, and
basically every week I will present to you some data,
mostly on politics, but also on the economy and culture
and other issues, and I will break down the numbers
that you should know on different kinds of issues. Our
first episode, we're talking about the new House Representatives and
the new Senate and which are the key players that
will make the difference in such a tight House representatives
(13:53):
and the upcoming Senate elections in twenty twenty six.
Speaker 2 (13:56):
Awesome stuff, Ryan, Check that out.
Speaker 1 (13:58):
Podcast Network as exploded in popularity. You guys are killing it.
We appreciate all the subscribers and we'll talk to you
again soon.
Speaker 3 (14:07):
Thank you.
Speaker 1 (14:09):
That's Ryan Gardusky, newest member of the Clay and Buck
podcast and network coming. That network is absolutely dominating. Twenty
twenty five is gonna be a lot of fun with
that as well. Now it is one week until Christmas.
Are you potentially feel a little bit tired. Maybe you
were out late last night for a company Christmas party.
Maybe you got family and friends coming in, gonna be
(14:32):
staying at your house. Maybe you are traveling all over
the place. Maybe those grandkids or kids they are out
of school, they're going to be running around like crazy,
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testosterone can help you do that. And if your testosterone
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(14:55):
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When you use my name Clay, you get a massive
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(15:19):
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Speaker 3 (15:36):
You know them as conservative radio hosts, Now just get
to know them as guys on this Sunday Hang podcast
with Clay and Fuck.
Speaker 1 (15:45):
Find it in their podcast feed on the iHeartRadio app
or wherever you get your podcasts.
Speaker 4 (15:50):
So the Fed just did another interest rate cut, expected
to do a few of them in twenty twenty five,
and the pretty big cuts we saw on twenty twenty
four housing, credit card interest rates.
Speaker 2 (16:02):
All that good stuff or all that stuff I should say.
Speaker 4 (16:06):
And then there's also the Democrat I'm sorry, the Congress
in general asked about the pay raise for Congress that
is in the cr which.
Speaker 2 (16:15):
Looks like it's going to go through.
Speaker 4 (16:18):
Senator Dick Durbin asked about this by CNN, and Senator
Derbin gets a little feisty with the home team media
of CNN play twelve.
Speaker 3 (16:27):
Members are giving themselves a pay raise. Do you guys
deserve a pay raise?
Speaker 6 (16:30):
Well, that's news to me, it's good news. You know what,
has it been ten years or fourteen years and no cola,
no change at all? And I think it's about time
something said.
Speaker 5 (16:39):
Here's a piece of port kidding giving yourself.
Speaker 6 (16:42):
How would I not know about eies?
Speaker 3 (16:44):
But I mean, I mean, people look at the performance
of Congress, say why should we give them more money?
Speaker 6 (16:48):
What about the media? Think about that for a second.
Speaker 7 (16:51):
We're not paid by public money.
Speaker 6 (16:52):
I know you're not, but I mean half of your
listeners are not there anymore. You're still getting the same paycheck.
Speaker 4 (16:57):
What's going on, Clay Dick Durbin, We're not a body,
slammed a CNN congressional reporter before this election.
Speaker 2 (17:04):
I think we both know that. Yeah, and I do
think that's a little bit funny.
Speaker 1 (17:10):
And we'll see what ends up happening with the cr
But the reason we're talking about this is everybody's kind
of dancing around the edges and they don't want to
address the elephant in the room, which is the overall
trajectory of government spending is out of control. And most
of where it comes from is not ever talked about
(17:31):
for fear of upsetting people. So again, this is the
reality of where we are. And Merry Christmas to all
bahumbug I guess simultaneously.
Speaker 4 (17:42):
The radio host with the green fur and the Santa
hat on who wants to take away all your goodies
is Clay. Just to be clear to everything that's that's
at Clay Travis on X. I'm just kidding. I want
to deal with the debt too, but nobody else does anyway.
Sometimes it appears the big wireless carrier is failed to
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(18:03):
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Speaker 1 (18:50):
Welcome back in Clay, Travis Buck Sexton Show. Appreciate all
of you hanging out with us. A lot of people. Uh, well,
we got some talk Shall we play some talkbacks here?
Speaker 2 (19:01):
Buck?
Speaker 1 (19:01):
Let people react to some of the comments that we
have had so far. This is from Tampa. Unidentified Tampa listener.
By the way, when you reach out through and you
leave a message for us, you might want to use
your name and so we don't have to say unidentified
as if you're a UFO. But this is a Tampa
listeners A has a take.
Speaker 2 (19:22):
Listen.
Speaker 8 (19:22):
The elephant in the room is term limits. You have
these politicians that have been there for years. They promise
everything they put jump into the budget just to make
their constituents happy. We really need term limits that would
help cut the budget.
Speaker 1 (19:41):
I don't disagree in general with the idea of term limits.
And we've said on this show for some time, Buck,
I don't think you should spend like Joe Biden did
fifty years in government. Government should be something you do,
not something that is your job for your entire life.
The problem with term limits in general is we all
(20:01):
can go vote for whoever we want in Congress every
two years or in the Senate every you know, six
year terms, but every four years pretty much there's a
Senate race in your favorite your home state.
Speaker 4 (20:13):
They serve terms. So the whole point is the accountability
comes for re election. And some of these Republicans, I
think is where people get so frustrated. In particular, they
just play the same game. You know, I don't know.
Maybe there's a deep state republic I mean a deep
red Republican senator, a deep state Republicans, and a deep
deep red Republican senator who you know, goes along with
(20:37):
the DC consensus a lot, but he shows up on
Fox News once in a while and says a few
good things and everyone forgets and they keep elected him,
electing him, And there's a whole bunch of these where,
you know, I just want to say, like, why why
is there a cent Why is Senator Cornyn able to
represent the great state of Texas. Why is James Langford representing?
(20:58):
What is the Oklahoma right He's the guy who went
along with the idiotic border bill in the election year,
which is all just to give cover to Democrats. Well,
people in Oklahoma are going to vote for James Langford again,
probably or a least they voted for him in the
first place. You know, we got to take accountability, man.
The end of accountability is the end of doing any
good things in government because no one's ever responsible for anything.
Speaker 2 (21:21):
So that's how I feel about it.
Speaker 1 (21:23):
Let me also hit this, since we're playing grinch here,
let me also hit this so security concept in general,
because I think a lot of times people don't really
examine things because they just have always been there. So
security is an awful, I think construct that eventually has
(21:44):
to explode. And the reason why that is just follow
me along here, and by the way, you can reach
out and explain if I'm not understanding something basic. But
I'm just trying to explain people in a couple of
minutes what goes on here. They take meaning government does
a set portion of your paycheck from the moment you
(22:05):
start getting a job, and they say, we'll give this
back to you when you get old. When they take
your money, they don't allow that money to grow at
its natural rate. If you just bought, say, S and
P five hundred index funds and reinvested it, you would
make over time eight or nine percent over the course
(22:28):
of that time. And by the way, the reason why
compound interest works and why you should invest, I'm giving
you a little bit of a tip is.
Speaker 2 (22:33):
What I do.
Speaker 1 (22:34):
Every ten years. Your money should double if you invest
it decently. If you just buy index funds and don't
touch it just every ten years, it should double.
Speaker 2 (22:43):
Okay.
Speaker 1 (22:45):
They give you instead of what you would actually earn
on your money, they give you a rate of return,
which is basically inflation, and typically inflation is two or
three percent if you have a decent person in charge
of the economy, not Joe Biden, right, and then you
only get it if you and or your spouse are
(23:09):
alive when you get to that age. That's an awful
freaking deal, and most people just accept it because it's
always existed for all of our lives, and now it's
going to implode because it was always predicated on the
idea that there are more young people than there are
(23:32):
old people. But if you look at the distribution of
ages in this country, we are soon going to have
an aging and graining population. And this is not unique
to the United States. This is happening all over the
world by and large, except for Africa. And so the
math doesn't add up because there aren't enough young people
(23:54):
to pay for old people's retirement. But the deal itself
is a bad one for everyone. And if you're out
there and you actually labor that as you work with
your hands, you are physically doing a hard, physical job
as opposed to like what you and I do, Buck,
or you just sitn't talking to a mic. But if
you're out there listening to us right now, and at
(24:15):
the end of the day you're tired physically because of
your labor, you actually get the worst deal of all
because your average age, your average length of life is lower.
So poor people don't live as long as rich people.
So you're taking the money from poor people and you're
using it to pay for rich people's retirement.
Speaker 2 (24:39):
I nobody talks about it.
Speaker 4 (24:41):
The ombudsman here at Clay, but we are vocal court athletes, sir.
Speaker 2 (24:46):
So you know, let's give us funny.
Speaker 3 (24:48):
You know.
Speaker 1 (24:49):
Sometimes this is where having kids is so interesting, because
kids come to the world with open eyes and they think, like,
is this the right thing to do? Young people in general,
the older you get, the less you question. By and large,
whatever system you find yourself in this is this is
about psychology, not about math.
Speaker 2 (25:08):
That's the problem.
Speaker 4 (25:09):
And the psychology is people want to know that when
they're old, the government will be there for them. That's
what this really comes down to. It's the same way
that no matter how many times we go over minimum
minimum wage and it doesn't work the way that it's intended.
Speaker 2 (25:21):
People like minimum.
Speaker 4 (25:22):
Wage because they like the idea of people being paid
a decent wage for their labor, and they don't trust
the market and they worry about exploitation.
Speaker 2 (25:30):
So it's emotional.
Speaker 4 (25:31):
So I can tell people that, you know, by setting
the minimum wage, if you set it too high, here's
what happens. People lose jobs. Automation. Yeah, we can go
through some million times people like it. And the thing
and this is why a little bit of this is
kind of you know, sticking our hand into the blender
on this issue a little bit.
Speaker 2 (25:47):
Thanks Clay.
Speaker 4 (25:47):
Right before Christmas, He's like, let's let's antagonize some of
the pro soles.
Speaker 1 (25:52):
Well, this CR is going on and people get fired
up every year and they're like, we got to do
something about this, and then the CR gets passed and not.
Speaker 4 (26:00):
The truth is you know, I actually saw this, this
clip of Believe It or Not Ben Affleck. I saw
him discussing. I know this is gonna sound like a diversion,
but like Trump, I'm weaving.
Speaker 2 (26:10):
I'm weaving. It's gonna make sense.
Speaker 4 (26:13):
The Ben Affleck very astude on AI and what we'll
do for the entertainment industry. I don't know if you've
seen that clip as well, but he's he can dial
into things. He does understand. He does not understand the
Middle Easter or politics, but he understands AI in the
context of movies. And he also understands suffering in the
context of somebody who struggled with alcohol. And I saw
this clip of him where he just said, you know,
(26:35):
there's all this stuff and he said, I give respect
to twelve step programs, I give respect to AA.
Speaker 2 (26:39):
It's very helpful for people.
Speaker 4 (26:41):
He's like, really, the fundamental truth is you will change
when you have just suffered enough, when you've decided I'm
and for for him, the point was my alcohol abuse
is hurting my relationship with my kids, and that cannot continue.
I have suffered enough. I will change with some of
these issues of structural finance and the debt and the
(27:06):
yearly deficit everything. I think we haven't suffered enough, and
so we won't change because we haven't suffered enough. And
I know that this is not satisfactory for people, because
anyone who looks at the numbers, so security runs out,
I should say it's insolvent, doesn't run out. In twenty
thirty five Medicare, people say I pay into Medicare. Most
(27:26):
people take out twice what they pay in. Okay, that's
not mathematically sustainable, But I just, man, we haven't suffered enough.
We haven't seen the interest on the debt become one
of the you know, the third largest budget item, bigger
than even the Pentagon. We haven't seen what that does
to household income. We haven't, So I hate to be
(27:49):
the bear of Manham. I'm taking your grinch roll right now.
The truth is Americans haven't suffered enough from the overspending,
so we're not going to do anything about it. The
only thing that can save us is if Doge starts
to rack up some wins on the small stuff and
people realize this is doable. The alternative more suffering until
we want the suffering to stop, and it may be
too late to stop it.
Speaker 1 (28:10):
Here's the other downside on this buck how many people
lack the ability to understand basic economics, so they're not
They may recognize the result, but they're not aware of
how to fix the situation. That's a bit like everybody
understands that prices are out of control. When you go
(28:30):
to the grocery store, you feel it. When you drive
through a fast food restaurant, you feel it. But how
many people understand what's necessary to fix that. That's my concern.
Even on the suffering, you can suffer but not understand
how to rectify the suffering. On the analogy, it's been athletic.
If you're an alcoholic, at some point you look at
(28:52):
the alcohol and you say, that is doing this to me.
I'm not going to touch it anymore. It's a rational response.
Most people can understand that. My concern is we don't
teach basic economics very well to the average kid in America,
and so a lot of people don't have the tools
to understand how to rectify economic failure in the country
(29:15):
and then hold people accountable who are making the choices
that cause it. Look, that's my concern, something that you know,
I try to I wish I whoa Ginger?
Speaker 2 (29:24):
Sorry about that? That scared me. I thought it was
a rooster.
Speaker 4 (29:28):
Ginger just right. She snuck under the radio table. She's
being such a little peaceful, little snuggle bunny under the
table here, and someone came in the front door and
she just jumped up like a watchdog. Sorry about that, everybody.
That kind of caught me by surprise. Dude, She's been
napping peacefully at my feet the entire show. You know what,
when we come back, I think Ginger saying, enough, you clowns,
(29:49):
stop talking about this sad stuff.
Speaker 7 (29:50):
Let's talk about Christmas at holiday cheer and take.
Speaker 4 (29:54):
Some of your calls, hopefully nice ones, and you know,
meaning nice about us, but maybe not. We'll get into
all that coming up in a second. Fellow gun owners,
some eve been asking me.
Speaker 7 (30:04):
I was glad.
Speaker 4 (30:05):
They've been asking me on x to like, Hey, I'm
seeing you. You're really dialed in on your shooting these days.
What's going on?
Speaker 2 (30:10):
People? Look that's not twenty yards. You're only fifteen yards away.
Speaker 4 (30:13):
Guys, fifteen yards twenty yards dead on shot. A dead
on shot is a dead on shot.
Speaker 2 (30:18):
You know what I mean? Good to go?
Speaker 4 (30:20):
But how do I get there? Mantis X the mantis
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This is dry fire training using an electronic system down
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Speaker 2 (30:33):
Put it on your firearm, and you are good to go.
Speaker 4 (30:36):
It takes about a half an hour of using it
to get noticeably better and more dialed in with your shooting.
Military members use mantis X a lot. You can use
that at Homer at the Range. I love mine. It's
a lot of fun. Great gift for the holiday season.
Go to mantisx dot com today. You'll quickly improve your
shooting accuracy and save a ton of money. On Ammo,
(30:57):
that's Ma and tis.
Speaker 3 (30:59):
X, Play, Travis and Buck Sexton telling it like it is.
Speaker 1 (31:05):
Find them on the free iHeartRadio app or wherever you
get your podcasts.
Speaker 7 (31:10):
Welcome back in everybody.
Speaker 4 (31:12):
It is the close of our wonderful show today. Play
has play likes to do Dick the bee Hive on
social Security. But you know what, It's just like a
Christmas dinner with family. Sometimes things get a little salty
at the table. Because we all love each other so much,
we can just sort of have it at But the
one thing that I will say, Clay, I don't know
(31:32):
if there's limit, or rather I think there are limits.
There are some things that we can or cannot abide
here on the show. And when we get a talk back,
and this is from where is this Merlyn? I believe
has just I mean, she's gone too far. Oh this
(31:55):
is an email. I'm sorry, this is an email for us,
and it's just a little bit upsetting when somebody comes
you know which one which way?
Speaker 7 (32:04):
I can't find it right now where I've got it
right here?
Speaker 1 (32:06):
Oh okay, guys, at your recommendation, Marylyn says, we watched
die Hard last night. First of all, let me pause here.
This is our opening sentence. I love that there were
people out there who have never watched die Hard until
they heard us talking about it. This has been a
classic movie since what nineteen eighty nine? It has existed
(32:27):
for forty years, whatever the math is, thirty thirty five years.
And know what, Marilynd hadn't watched it, heard us suddenly say, hey,
Diehard's a good movie, She decides she has to watch it.
It wasn't as exciting as anticipated, and I wondered why
Bruce Willis started with a white undershirt, then changed to
(32:48):
a black undershirt, and ended with a dirty white undershirt.
Speaker 2 (32:51):
Maryland's dead to me, Buck, I don't.
Speaker 4 (32:55):
Understand how you could watch I hear you Maryland going
after die Hard days before Chris.
Speaker 1 (33:00):
How could you watch die Harden say it wasn't exciting enough?
What is Marilyn usually watching? I mean, in all sincerity,
that's like you could criticize. You could criticize, like, Okay,
she doesn't like the shirt that that Bruce Willis is wearing.
It wasn't as exciting enough for Maryland? What like, I'm sorry, Marylyn,
(33:20):
how are you usually spending your time? Die Hard is
one of the most exciting movies ever.
Speaker 4 (33:28):
Well, Marilyn has agrees, and you know what, I admire
her hootspot for telling us off right on our own show.
For our die Hard recommendation, Marylyn wrote in and stand your.
Speaker 1 (33:38):
Ground, hey, terrorists taking over a building and literally from
like the eighth minute of the movie, on Bruce Willis's
character John McClain fighting every second for his life while
his wife might be about to be.
Speaker 2 (33:54):
Murdered by the terrorist spoiler alert.
Speaker 1 (33:56):
While you got our man Argyle hanging out down in
the U in the limo. Uh, Carl Winslow, the Reginald Johnson.
Speaker 2 (34:06):
Reginald Johnson, the cop.
Speaker 4 (34:08):
Who launched one of my favorite sitcoms when I was
a kid, which was Family Matters correct, based off of
his portrayal of the the kind of you know, the
twinkie eating police officer who becomes a hero this is
no no Beef the law enforce and becomes a hero
in the movie as we all know. But I gotta
tell you, yeah, the running around barefoot. I have a
(34:28):
Diehard glass. Diehard is amazing. A couple of things, Marylyn,
you know what, You've opened this Pandora's box.
Speaker 2 (34:34):
I'm gonna jump in there with you for a second.
A couple of things.
Speaker 4 (34:37):
First of all, Hans Gruber is supposed to be German.
He has a British accent the entire time. Okay, the
lead bad guy. If we're going down this pathay, you
should be like, oh, it's like I want I want
you to send in him money. It's a barrel bonds
like instead He's like, yes, I have a fancy suit,
like that's that's a cold.
Speaker 1 (34:58):
Okay, But I actually, I actually think I can explain
that he's German, but he learned English from British people,
so he speaks English with the British.
Speaker 7 (35:08):
I got, no, have you ever met a German? Have
you ever met a German?
Speaker 4 (35:10):
Okay, put that aside. Okay, they all sound German, none
of them. Nobody's like I grew up in Dusseldorf and
now I have no accent. But also also the bad
guys in the movie all look and dress like they're
in some some Berlin art collective or something.
Speaker 7 (35:26):
They got like long hair and designer clothing on.
Speaker 2 (35:29):
They got that.
Speaker 4 (35:30):
The one dude was a famous ballet answer you know
that Alexander Gudenov, the blonde guy.
Speaker 2 (35:35):
Yep, yep, the blonde.
Speaker 4 (35:37):
It's kind of a funny, you know, like like what
terrorists have you ever seen before that looked like these guys.
Speaker 7 (35:43):
It's kind of a thing.
Speaker 4 (35:45):
They look like they're like, my name is Hans, and
I'm here to teach you how to make the most
amazing paintings.
Speaker 2 (35:51):
Have you and Carrie watched it yet?
Speaker 7 (35:53):
No?
Speaker 4 (35:54):
For Friday that's our Friday watch. If Carrie, you gotta
text me after you watch it. If Carrie says it's
too boring for her, I'm gonna be like, I don't
what what movies are you watching?
Speaker 1 (36:05):
Like, I would love to hear what Marilynd's like, Hey,
this is an actual exciting movie.
Speaker 4 (36:10):
Carry, Carry's gonna Carry's gonna like die her. Let me
tell you why. My wife obviously comes from three generations
of military service. And we watched Band of Brothers Clay Oh,
and we obviously loved it, which is amazing love an
incredibly powerful, fantastic series. And then like a few weeks later,
we were trying to think of something to watch and
my wife looks me when I.
Speaker 2 (36:30):
Knew I made the right choice.
Speaker 4 (36:31):
Marriner, she goes, maybe we should just watch Band of
Brothers again. I was like, yes, yes, I gotta go
to Christmas. Gladiator, by the way, have you seen it yet? No,
we got to talk about it.
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