Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Joining us now another strong woman, Aaron Real, is back
to be with us here this morning. First of all,
I want to get your thoughts on Mark Cuban's comments,
and then we have to talk about some other billionaires
that are involved in this election process.
Speaker 2 (00:12):
Good morning.
Speaker 3 (00:13):
Yeah, Mark stops speaking, but at the same time, and
thank you for saying that, because I like you can
always tell as a woman, particularly you know, a working woman,
just because you're exposed to a lot of working men.
It's not like working women where it's non working woman.
It's just a different exposure. You can tell immediately if
a man fundamentally respects women or not. You can you
(00:34):
and know you can smell it. Now are a man
who fundamentally and you can fundamentally respect what you do?
I know you do at the core, and then there's
other ones who just don't at the core and it's
kind of hard to change it. Comments like that are
are not okay. But then I would also say that
comments of like you're going to vote for me, I'm
going to take care of you whether or not you
(00:54):
like it. You're like, don't say that either. I think
that men to like you said, if you unda mentally
respect the person you're talking to, you don't speak to
them like that. From either side.
Speaker 1 (01:04):
Yeah, I got to tell you, Donald Trump has had
a past of speaking, you know, very aggressively, a lot
of macheese momented, and some people say is misogynistic, But
Donald Trump is besides some of his short.
Speaker 2 (01:19):
Fallings that all candidates do have.
Speaker 1 (01:22):
I mean, Joe Biden calling supporters garbage, Hillary Clinton calling
us all deplorables.
Speaker 2 (01:26):
I mean, it's just one thing after another. It's just
it's just not right.
Speaker 1 (01:31):
So when you take a look at these billionaires, it
grab the press, like Elon Musk and Mark Cuban and
others out there, you know, do they make a difference
in people's minds when it comes to voting and their
contributions to these campaigns. They may help get some more
ads out with the money, but I don't see any
of us changing our mind because Mark Cuban or Elon
(01:52):
Musk has something to say about this.
Speaker 3 (01:54):
Yes, exactly, they're just and you the more you hear
them talk, you're like, oh, wait, they're just like us,
not like they're not any better. They just have lots
of money. That's the only difference. By no means, are
they like nailing this at at a bigger rate. And
if you look at the money in politics today, this
is not a news story. We've talked about this endlessly
and there will always be money in politics. But since
(02:15):
Citizens United, since the super Pac advent, I don't even
know why we have campaign finance laws anymore, because you're like,
you could go through all the hipper roles campaign finance,
or or you could just create a super pack and
give endlessly, which is what Bill Gates, Michael Bloomberg not sorry,
Mark Cuban have all done for Harris, where you have
(02:36):
Elon Musk, the richest man in the world, outspending them all.
On the other side, we have one hundred and fifty
billionaire families in the US spending two billion dollars in
selection cycle. It's seven hundred million more than the last one.
This isn't going anywhere anytime soon. But you bring up
such an astute point, does it actually matter? Does it
actually move the needle? Maybe a little bit in terms
(02:57):
of the campaign ad exposure, But outside of that, normal
people are just like, why is this rich person getting
so much oxygen? Can we can we cool it? Right?
They're saying silly things.
Speaker 2 (03:08):
Well, it's like j Low.
Speaker 1 (03:09):
You know, she was out yesterday talking about how Donald
Trump US we saw and heard where he stands on
Puerto Rican's.
Speaker 2 (03:15):
I'm sorry, but Donald Trump didn't say it.
Speaker 1 (03:18):
It was a comedian that was on there, you know,
ten different speakers before he even took the stage, was
not aware of it, and it was a comedian. Go
to any comedy club in America, guess what the comedian
is going to be taking shots at different people and
different subgroups of our population. That's what comedy is all about,
laughing at each other and laughing at ourselves. So, you know,
(03:39):
out of control, Jalo, you might want to focus on
your diddy problems instead of worrying about what's going on
with the Trump camp.
Speaker 3 (03:45):
And also, yeah, to reiterate your point, like there's enough
things if she wanted to focus on words that actually
came out of Donald Trump's mouth, like why are you
even what? Why are you talking about a like a comedian.
It gets such a waste of space when every second
is so valuable.
Speaker 1 (04:00):
All right, quickly, now, I've noticed the thirty year mortgage
rate now rising again for the fifth straight week. We're
up to seven point seven percent. Mortgage rates and the
big rates sometimes correlate, sometimes don't. Sometimes they are separate.
But with this, you know new number that we're looking
at and the Fed looking at the big picture of
(04:21):
interest rates coming up next week. Why do you think
this is going to be another cut?
Speaker 2 (04:25):
Maybe?
Speaker 3 (04:26):
Yes, We're going to get BLS numbers in an hour
the Bureau of Labor Statistics. It's the first Friday of
the month, November first. This is a big data point
for the Fed as to whether or not they raise
or lower the interest rates. Because the Fed again has
a dual mandate maximate it maximize employment and keep inflation
at two percent. They've done a great job with inflation.
It's it's pretty much back in line where it should be.
But employment. If employment picks up, they're more likely to
(04:50):
do a bigger rate cut. If excuse me, unemployment picks up,
they're more likely to do a bigger rate cut. If
unemployment goes down, the smaller because they just they want
to keep the jobs. We have pretty good employment at
the moment. But JC the real headline here, I think
is fascinating. My folks and friends of ert wald Hub
recently did a national representative survey and it turns out,
(05:11):
seventy five percent of Americans think that the FED is
cutting interest rates for political reasons. This blows my mind
because it is a misunderstanding of the FED is a
private institution that there's a public need. And frankly, if
they wanted the Biden administration to stay in power, they
would have started cutting rates in July.
Speaker 1 (05:29):
Yeah, I totally, I totally agree with you, and I
do not think that our FED chair has anything or
wants to do anything politically in this. He is looking
at the money, the economy, the inflation, and that's it.
He doesn't give up rip who's in the White House.
It's about his job and what he's supposed to do.
Thank you, Erin.
Speaker 2 (05:48):
I appreciate just
Joining us now another strong woman, Aaron Real, is back
to be with us here this morning. First of all,
I want to get your thoughts on Mark Cuban's comments,
and then we have to talk about some other billionaires
that are involved in this election process.
Speaker 2 (00:12):
Good morning.
Speaker 3 (00:13):
Yeah, Mark stops speaking, but at the same time, and
thank you for saying that, because I like you can
always tell as a woman, particularly you know, a working woman,
just because you're exposed to a lot of working men.
It's not like working women where it's non working woman.
It's just a different exposure. You can tell immediately if
a man fundamentally respects women or not. You can you
(00:34):
and know you can smell it. Now are a man
who fundamentally and you can fundamentally respect what you do?
I know you do at the core, and then there's
other ones who just don't at the core and it's
kind of hard to change it. Comments like that are
are not okay. But then I would also say that
comments of like you're going to vote for me, I'm
going to take care of you whether or not you
(00:54):
like it. You're like, don't say that either. I think
that men to like you said, if you unda mentally
respect the person you're talking to, you don't speak to
them like that. From either side.
Speaker 1 (01:04):
Yeah, I got to tell you, Donald Trump has had
a past of speaking, you know, very aggressively, a lot
of macheese momented, and some people say is misogynistic, But
Donald Trump is besides some of his short.
Speaker 2 (01:19):
Fallings that all candidates do have.
Speaker 1 (01:22):
I mean, Joe Biden calling supporters garbage, Hillary Clinton calling
us all deplorables.
Speaker 2 (01:26):
I mean, it's just one thing after another. It's just
it's just not right.
Speaker 1 (01:31):
So when you take a look at these billionaires, it
grab the press, like Elon Musk and Mark Cuban and
others out there, you know, do they make a difference
in people's minds when it comes to voting and their
contributions to these campaigns. They may help get some more
ads out with the money, but I don't see any
of us changing our mind because Mark Cuban or Elon
(01:52):
Musk has something to say about this.
Speaker 3 (01:54):
Yes, exactly, they're just and you the more you hear
them talk, you're like, oh, wait, they're just like us,
not like they're not any better. They just have lots
of money. That's the only difference. By no means, are
they like nailing this at at a bigger rate. And
if you look at the money in politics today, this
is not a news story. We've talked about this endlessly
and there will always be money in politics. But since
(02:15):
Citizens United, since the super Pac advent, I don't even
know why we have campaign finance laws anymore, because you're like,
you could go through all the hipper roles campaign finance,
or or you could just create a super pack and
give endlessly, which is what Bill Gates, Michael Bloomberg not sorry,
Mark Cuban have all done for Harris, where you have
(02:36):
Elon Musk, the richest man in the world, outspending them all.
On the other side, we have one hundred and fifty
billionaire families in the US spending two billion dollars in
selection cycle. It's seven hundred million more than the last one.
This isn't going anywhere anytime soon. But you bring up
such an astute point, does it actually matter? Does it
actually move the needle? Maybe a little bit in terms
(02:57):
of the campaign ad exposure, But outside of that, normal
people are just like, why is this rich person getting
so much oxygen? Can we can we cool it? Right?
They're saying silly things.
Speaker 2 (03:08):
Well, it's like j Low.
Speaker 1 (03:09):
You know, she was out yesterday talking about how Donald
Trump US we saw and heard where he stands on
Puerto Rican's.
Speaker 2 (03:15):
I'm sorry, but Donald Trump didn't say it.
Speaker 1 (03:18):
It was a comedian that was on there, you know,
ten different speakers before he even took the stage, was
not aware of it, and it was a comedian. Go
to any comedy club in America, guess what the comedian
is going to be taking shots at different people and
different subgroups of our population. That's what comedy is all about,
laughing at each other and laughing at ourselves. So, you know,
(03:39):
out of control, Jalo, you might want to focus on
your diddy problems instead of worrying about what's going on
with the Trump camp.
Speaker 3 (03:45):
And also, yeah, to reiterate your point, like there's enough
things if she wanted to focus on words that actually
came out of Donald Trump's mouth, like why are you
even what? Why are you talking about a like a comedian.
It gets such a waste of space when every second
is so valuable.
Speaker 1 (04:00):
All right, quickly, now, I've noticed the thirty year mortgage
rate now rising again for the fifth straight week. We're
up to seven point seven percent. Mortgage rates and the
big rates sometimes correlate, sometimes don't. Sometimes they are separate.
But with this, you know new number that we're looking
at and the Fed looking at the big picture of
(04:21):
interest rates coming up next week. Why do you think
this is going to be another cut?
Speaker 2 (04:25):
Maybe?
Speaker 3 (04:26):
Yes, We're going to get BLS numbers in an hour
the Bureau of Labor Statistics. It's the first Friday of
the month, November first. This is a big data point
for the Fed as to whether or not they raise
or lower the interest rates. Because the Fed again has
a dual mandate maximate it maximize employment and keep inflation
at two percent. They've done a great job with inflation.
It's it's pretty much back in line where it should be.
But employment. If employment picks up, they're more likely to
(04:50):
do a bigger rate cut. If excuse me, unemployment picks up,
they're more likely to do a bigger rate cut. If
unemployment goes down, the smaller because they just they want
to keep the jobs. We have pretty good employment at
the moment. But JC the real headline here, I think
is fascinating. My folks and friends of ert wald Hub
recently did a national representative survey and it turns out,
(05:11):
seventy five percent of Americans think that the FED is
cutting interest rates for political reasons. This blows my mind
because it is a misunderstanding of the FED is a
private institution that there's a public need. And frankly, if
they wanted the Biden administration to stay in power, they
would have started cutting rates in July.
Speaker 1 (05:29):
Yeah, I totally, I totally agree with you, and I
do not think that our FED chair has anything or
wants to do anything politically in this. He is looking
at the money, the economy, the inflation, and that's it.
He doesn't give up rip who's in the White House.
It's about his job and what he's supposed to do.
Thank you, Erin.
Speaker 2 (05:48):
I appreciate just
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