Episode Transcript
[00:00:00] Speaker A: Any examples used are for illustrative purposes only and do not take into account your particular investment objectives, financial situation or needs and may not be suitable for all investors. It is not intended to predict the performance of any specific investment and is not a solicitation or recommendation of any investment strategy.
[00:00:18] Speaker B: This is another Money Show. Get set for another hour of the latest financial information and economic news affecting your bottom line. J.R. and Anthony are committed to helping more Americans like you optimize their inc. Reduce their tax risk and reach financial freedom.
So let's start the show. Here are your hosts, Anthony Correjo and JR Rochford.
[00:00:42] Speaker C: Here we are, your hosts, Anthony Correo and JR Rochford taking a break from our day to day as financial advisors with Rochford and Associates, a fully independent fourth generation family office in the greater Phoenix area to bring information you may not find on those other financial radio shows. We're aware the last thing you need is another money show, but we appreciate you being here and we've got Junior back.
[00:01:05] Speaker A: Nice to be back. This was it was weird having a week away from the show, so I'm glad to be back. So in Today's show is sponsored by Anthony's new look, his new beard. Every time I see Anthony now, if it's been a week or so, he looks different. So very nice little what's the guy's name from a House of a Thousand Corpses? Captain Spalding. You look like a mixture of Captain Spalding and Frank Zappa. So please make sure you check out our YouTube channel where you can actually see pictures of the new and improved Anthony. So looking pretty good as you hear this. If you're listening to our podcast when it comes out on Friday afternoon or evening, It's Friday the 13th, so I hope you're safe. If you have a black cat, make sure you put that thing in the closet for 24 hours. And then tomorrow, if you're listening, well, it'll be today when you hear this, on Saturday the 14th of February, it's Valentine's Day, so if you're not dead from your black cat, make sure you know we're more of a public service than just a financial infomercial. We want to make sure you run out, you know, I know you're listening at 5 in the morning, run out and buy some flowers and chocolate for your honey. So you're welcome.
Why don't we get into it? Let's go with the shout outs to begin. Thank you so much Anthony for covering the show last week and Joe Jaquend I heard most of the show. It seemed pretty good. Very logical. It was the most Anthony got to talk in four years. So that was nice. You'll never get away with that with me. This is so funny. I'm talking about cats and there is a cat right behind our producer, the one and only Sam Davis. It doesn't look like a black cat, it looks like a gray cat. So he's not going to kill you, Sam. He's just going to hurt you because he's not all the way black. So anyway, thank you, Anthony, for handling the show. There were a couple things I should have thought to ask you to ask Joe that I didn't. I wanted his take on gold backs. I know a lot of people over the years have asked questions about gold backs and Arizona unrolled their gold back within the last, I don't know, month or so. So I've never heard Joe talk about gold backs as far as I know. The other thing, I read something that said if you own 500 ounces or more of silver, you're in the top 1% of silver owners. So at 500 ounces, I mean, you know, over the years if you've been stacking as they call it, that's not that much silver. I mean be heavy to move it, but it's not that much.
So if you have 500 ounces, I guess you might be in the 1% West Valley Men's network in this was this week. It was great. We had some new people. One of our clients slash friends, Harry showed up. Been inviting him for years. So Harry showed up. Gary Green, if you've heard the name Gary Green, he does the radio show at 6 in the morning right after our show at 5. He does your car insiders. So Gary Green, he's. If you're looking to purchase a vehicle, he will give you the best experience you've ever had. So, so nice having him there.
All the usuals. Jason, our loyal listener. Jason had a day off from work so he showed up. That was great. Michael C. Obvious was there and Ron and Kevin and Alex and we had a good time. So one last shout out. We have a radio listener. We have a woman who listens at 5 in the morning and we saw her on Monday, I believe it was, and she said that the show was okay but she missed our bickering.
So apparently she missed the back and forth that Anthony provide each week. So we'll do our best to scrap today for you.
So thank you as always for listening too, by the way.
Well, I don't even know where to start. I mean, I have so much. If I miss a week, I feel like I'm behind. But I'm going to hit a few main things. Maybe today we'll have a little time to get to a couple articles. I do want to start out with something.
Everything that's going on around you is weird. I mean, you know that, right? This show, we, we had a person call in and he said, and I'll just, I'll sum it up. The show is not his cup of tea.
And that's fine. I mean, the good news about radio shows, you are free to listen if you enjoy, or you are free to go to a different station if you don't enjoy it. But the person that called in said that basically we don't give very good advice. We don't give good financial advice. And I guess the person only listened one time and heard one part of the show because we don't give financial advice on this show. This show is about sounding alarms. This show is based on current events and how they're likely to affect your future, your finances, your kids, your grandkids. If you want to come in the office and maybe if this person's listening, because I, I, I almost wonder, come in and sit with us and then you can see if our financial advice is good or bad. But on the radio, we, you know, we give general ideas on what's going on with finances. You know, we, we tell you the shows about current events, but if you want to come in the office, we'd be glad to offer you a second opinion. So I, I'm not sure the person didn't leave their name. They didn't leave what financial advice was, was not good. But, and you know what's so funny? We still appreciate your feedback. We're glad you called. I mean, if people have ideas for us to improve the show, we're all about it. So, you know, come in and sit with us, call back, keep listening, whatever. If you're, if you tuned out after you thought we were bad, then okay. I mean, we don't know who you are, but I don't know if we'll miss you or not. So anyway, just wanted to touch on that.
This show, it's really, When I talk about current events, there's so much that happens every week. I will never run out of stuff just to talk about, you know, I thought about doing today's show all in Spanish and swearing a lot. You know, I thought about talking about the Super Bowl. You know, Anthony, if I was on the show last week, I definitely would have brought up the parallels between Rome and the US Currently. I would have brought up the super bowl being our peak of bread and circuses. So I just, and I thought about it and I'm like, you know, everybody and their mother is talking about two things. They're talking about Bad Bunny, you know, versus the TP USA's Alternative Halftime show, and they're talking about Nancy Guthrie.
What is, what are we looking at the super bowl at? Nancy Gun 3.
So hard at what's going on in the world that we're missing? Because we're watching those two stories. And granted, if that's what people want to hear, that's what they're going to get. But I just. The Super Bowl, I mean, good night. You know, I, I surf through social media every day, as you all know, and I'm just, I'm in shock.
You know, I, the, the people that are for or against, it's like, wow, you, you guys have some passion.
Make sure you're in the voting booth. Make sure you're, you know, convincing people that you're on the right side.
I, I did have some people say what a, you know, culturally brilliant moment Bad Bunny brought to us. I did read, you know, I had people send me the translations of the lyrics of the songs he sang. And, yeah, I mean, I'm, I'm waiting to see if the FCC is going to find him there. There's some talk on that because it's pretty amazing. I mean, it's very raunchy. And so I, I, I don't know. I mean, I think if you swear and you're in the, probably the biggest, most watched show of the year, I don't care if it's in English or Spanish. I don't know if that's a good idea. So, anyway, but at least he didn't wear a dress. A lot of people thought he was going to wear a dress and stuff like that, so it could have been worse.
Let's see here. Nancy Guthrie. I really don't even want to discuss it. You know, there's a lot of people that go missing throughout the year. There's a lot of people that get hurt. There's a lot of stuff going on. But, man, this thing has captured the nation's attention, so I don't know how it's going to turn out, but I really, I guess we don't need to talk about it. You know, what we do need to talk about today, as we record is 12th February. Tomorrow is the next big government shutdown.
So if, if you don't care about Nancy or Bunny, you know, maybe, maybe look up the shutdown.
I guess it's going to be over funding for ICE and DHS and whatever. I still think health care is an issue they should be working on. But you know, the shutdown, it, it keeps coming up. If they, if they work their way through it, then the, the good news, the good news on the shutdown, we don't have to do it again until like what, September. So we'll see what happens. There's going to be a new federal chairperson, Kevin Warsh.
So I, you know, I think about what he's gearing up to do, you know, with lowering interest rates, whether it's good for the economy and, and growth or just good politically, I don't know. I know the job numbers came out yesterday and the expectation was about 70,000 new jobs. We got 130. So it'll be interesting this month to see if the Fed lowers interest rates because apparently we have a very robust economy.
Although credit card debt default is rising fast. I don't know what it is now we've got like 1.8 trillion in credit card debt. We've never had that history.
Auto, student loan debt, all that's behind. So we'll see what happens.
You know, and it is the, the world is weird. I mean, the world, it seems like good news is bad news, bad news is good news. Right is wrong, wrong is right. Everything's weird. So I don't know. I know the 17th year anniversary of the bottom of the 2008 Great Recession is coming up March 9th. So we're thinking about having some sort of a party or celebration. I don't know what day of the week that is, but hopefully we record that day because we will celebrate it.
So Dao, since I don't know if I, if it had happened, you know, Friday before, I don't know, Dao hit 50,000.
And I've had conversations with a whole bunch of people on DAO 50,000. My father literally about 20 years ago said that, you know, he may or may not see it, he was a visionary on this one, but he said Dow was going to hit 50,000. And he said it in front of a pretty big group of people. We're at a National association of Realtors, you know, networking thing that we had friends invite us to. And it was funny because everybody kind of laughed at him. And he explained something to people that very few people understand. The Dow Jones Industrial Average, the S&P 500. When you see the red or green tickers, when you see the scrolling on the TV or your phone or whatever, that's not money, that's volume. So it's, it's sales, it's buying. It's, it's not your money. You know, Sam brought up a couple of weeks ago on the show, The S&P 500, I believe it's up, what was it, Sam? 600% since the end of 2008. I don't remember exactly what you said. I know it's all smoke and mirrors. I know it's a house of cards. So I don't put that much stock in it, pardon the pun. But anyway, so. And today's a rough day, Tom. I looked in at the Dow. It was up when I first looked at my phone this morning. And then right before we started recording, it was down like 500 and something points. I do know that the Dow Jones Industrial average is only 30 companies.
I do know that that's relatively easy to manipulate when you look into stocks and bonds. You have to really be on your game to watch this stuff or you need to come in and see Anthony. Let Anthony help you with securities. You know, I mean, just this morning I read that some of the defense stocks, you know, the Department of the Army, I guess the higher ups in the army said he threatened a little bit or he, you know, I don't know what the word would be. He said to Lockheed Martin, Raytheon. Raytheon is what they changed their name to rtx. You know, Anthony, that's your old stomping ground. Anthony was an engineer in the aerospace sector. But the Army's basically saying we're going to find cheaper alternatives to you guys if you don't keep up and change with the world. So I'm like, yeah, the stock market is a changing landscape. The days of buy and hold, I think kind of ended around March and April of 2000. So about a quarter of a century ago, I think it was harder to convince people you should buy and hold. Yet that's still what people do. And we're a second opinion on finances. And it's amazing how much people still buy and hold.
Sam, put here, The S&P 500 is up 635% since January of 2009. So I would recommend you gather all of your, maybe just your year end financial statements and make sure you're up 600%.
So it just, it's volume versus money. So I know you're not doing quite as well as the Markets are, but maybe they're going to correct finally. And I think the bigger they are, the harder they fall.
I think the whole world has gone mad, so the market might have a correction. Am I saying to sell things? Nope. Once again, we do not give financial advice on this hour, but I can tell you, be awake, be aware, and be nimble of your finances. Next. Your health, your financial products are the second most important thing you have to look out for.
What's. What else is in the news? The Save America act passed yesterday. Anthony, do you know what that is?
[00:14:12] Speaker C: No idea.
[00:14:14] Speaker A: Okay, perfect. Did you watch the Super Bowl?
[00:14:16] Speaker C: No. Couldn't care less.
[00:14:18] Speaker A: Do you know who Bad Bunny is?
[00:14:19] Speaker C: Nope.
[00:14:20] Speaker A: Do you know who Nancy Guthrie is?
[00:14:23] Speaker C: Is that the senator's mom that got kidnapped in Tucson?
[00:14:27] Speaker A: I think it's a. Samantha. I think it's a. Like a TV host. I don't really.
[00:14:32] Speaker C: Oh, Today show host. That's what it was. It wasn't political?
[00:14:36] Speaker A: Yeah, no, not political, but there's a lot of people trying to tie it politically like everything else. Course, I've seen these, you know, posts about how the mom was a, you know, Trump derangement syndrome survivor. And, I mean, who knows? I don't know. It's sad when somebody gets kidnapped. I think no matter what, I do know that the average person will not get this kind of attention. So maybe there's a bigger story behind the scenes. I just don't know. Anyway, so basically, yesterday, by a slim margin, our elected officials, our representatives, the people that understand what we're going through, they. They basically voted that you have to show ID to vote. And I just. I find it hilarious that we. We have to vote on that. I. I find it hilarious that we have to trust that, you know, if you check into a hotel, Anthony, you're a world traveler, not just a country traveler. Don't. Don't a lot of them ask you to see ID when you. When you buy a plane ticket or at least when you go to the airport, they ask you to see an I.D. are you really telling me people that there's a whole, you know, underserved community that can't get an ID they just don't go anywhere? They don't check in a hotel. They don't travel, they don't drive. I mean, I'm pretty sure you're supposed to have a driver's license with you when you drive. So I don't know, I just find it funny that we have to. We have to vote that you have to have an ID to vote. So I find that hilarious. We'll see how that plays out. I want to bring up a story real quick that happened yesterday because I keep saying we're on current events.
There was a real weird occurrence early in the morning.
The government, the faa, shut down the El Paso airport. Did you hear about that, Anthony?
You're lucky I'm on the show. You'd have to have join every week to talk about gold. Because current events. Anyway, so the FAA shut down the airspace 18,000ft high over El Paso and 10 miles wide. There's also Fort Bliss and Biggs Field military installations nearby. This has never happened in history. From what I read, 911 was the only exception. But they didn't target an area. They shut down the country. So you couldn't fly around the country.
So. But this thing with El Paso, they shut it down for 10 days. That's insane. And then within a few hours, it was lifted. So I'm not really sure what happened, but they said yesterday, they said that it was because there was cartel drones going over the country.
One of the things I read.
And no, I don't get all my news from Facebook, but I sure do love to see what people are saying on Facebook. I think it's a social barometer. I think it's a good indication of what the mainstream is seeing. So here's one thing I read so and I read this yesterday. I'll give you a follow up on what I'm reading today.
So let me get this straight. The FAA shut down El Paso airspace for special security reasons. No details, no transparency.
Then reports start circulating that cartel linked drones may have crossed into US Airspace and triggered the response. What do you think is more concerning the possibility of cartel drones over Texas or the fact that we're not being told exactly why a major US Airport was shut down?
Okay, so my thinking on this whole thing, my. My thinking something is really, really weird. I mean, was this done by accident? Somebody needs to come out and take accountability. Was there really a drone? No, not. Not a 10 day shutdown. You would shoot down the drone, which I guess we did, and then you would move on. So something's wrong. Today they're saying it was anti drone laser that triggered this. Meaning there was a drone or multiple drones and we use some sort of a sophisticated laser to shoot them down.
Okay, so then mission accomplished. So why are you shutting down the airport for 10 days? And it took a few hours before they lifted this, so. And here is where I put on my tinfoil hat.
I think that things are fragile. I Believe that there's a chance we could have a power grid failure due to solar flare or an emp or a high altitude emp.
We could have a cyber attack that shuts down water treatment plants. We could have the banking system seize up. So to me, it's another example of how fragile our little US ecosystem is. It's kind of like, I look at it like the super bowl. When you try to have everybody pit bad bunny against Erica Kirk, it just furthers the division in this nation. It's another example of how, I'm not sure we ever get back to playing nice.
This thing with the drones, my first thought was is this China or Russia?
And then my second thought, well, wait a minute, we're poking Iran pretty hard. So I thought, huh, I didn't think Mexican cartels. I thought China, Iran or Russia. So I don't know, we will see how it plays out. But you know what? My presumption, like everything else, it gets swept under the rug and it goes away real quick. That's, that's my guess. But we will see.
Let's see here. One more thing about the voting. I do want to read something From Representative Jim McGovern who is warning Americans that the Save America act is a MAGA election rigging scheme, not a voter ID fix.
It forces citizens to register in person at clerks offices, resulting in hours of driving, time off work and child care searches for rural residents, plus the need for passports or birth certificates.
This is the quote from Jim. Now don't be fooled. The Save America act is not about voter ID. It's about MAGA's ongoing attempt to rig elections, democracy be damned. This is happening because MAGA wants to make it harder for you to vote.
Okay, Jim. Okay. I refer you back to people that are in the rural areas that have to drive hours to get a license. Do they drive? Do they travel? Do they do anything else in life?
So we shall see how that plays out. I know everything in my thinking from the school systems up is going the wrong direction. You know, I mean the last few weeks, you know, we have the big walkout, we had restaurants downtown Phoenix shut their doors on the 30th of January to protest ice the school systems. I watched that day because I'm married to a teacher and Anthony, your mom is a teacher.
Coincidentally they are the same woman. So anyway, so I watched some of the news on the school system that day and, and they had a bunch of schools had kids walk out. It seems like they prompted the kids to walk out. In some situations the Schools, some schools, some not all, are having kids wear blue shirts on certain days in solidarity. There's anti ICE posters in classrooms. I just. When the classroom becomes politicized, we are doomed. You know, who is it?
Abraham Lincoln. Wasn't that the one in his house divided speech that said a nation divided cannot stand. Wasn't that Abraham Lincoln? I believe it was in Illinois in 1858. And it on the precipice, on the press. I don't, I'm trying to use big words today. I just don't know any. We're about to hit the 4th of July, 2026 and that'll be the 250th anniversary of our country. And I think we're getting towards the end. I mean the bread and circuses, the dumbing down of the education system, you know, people feel more smart than ever because they have instant access, you know, on the television to CNN and all the, the news, the 24 hour news cycle. Then you put a smartphone in people's hands and they can look up anything they need to. So they're all super smart. Yet it seems to me like we're getting dumber and dumber. People are hating each other more and more. It's just, it's everything.
We will see how it plays out. Anthony, you know, and aren't you proud of me? I didn't bring up Billie Eilish and the Grammys. That was too far ago. We've already forgot about that.
The person that said that we basically live on stolen land. Yet from what I could find, she's got a net worth of over $50 million. She lives in a $14 million mansion. So why don't you. Billy, if you're listening, why don't you start showing us how to rectify the situation of the stone land and give up your mansion. The tribe who owned the land before you bought that mansion came forward. So we know who they are. And they said we're ready to take over that land. So we'll see how that plays out.
Let's get into. Sam, it looks like we still have a few more minutes. Let's get into what's going on in Arizona. So apparently, and this is a good segue with ice and blue shirts and posters. Ice confirms it will add a 1500 bed detention facility in surprise.
Pardon me, Anthony, did you hear about that?
[00:24:10] Speaker C: Nope.
[00:24:12] Speaker A: Okay, so you let me read you a little bit. This one, I've got several articles. One from 12News now on the 30th, this one that I'll focus on. Is from ArizonaCentral.com on the 30th of January, US Immigration and Customs Enforcement will add a 1500 bed processing facility in Surprise.
The Department of Homeland Security purchased a 418,000 square foot warehouse for over 70 million in cash. When they say in cash, do they mean like literal cash, like the pallets of cash Obama gave to Iran overnight one night years ago? Or do they mean like wire transfer? Did they do it in bitcoin? I'm very curious how the federal government has $70 million in cash. By the way, that's our money. So congratulations taxpayers. We funded so if you're pro ICE or anti ice, you helped fund the new building and Surprise Moving on. The new facility is located near residential neighborhoods, schools and commercial areas. The U.S. immigration enforcement said it would add a processing facility with about 1500 beds in Surprise as part of the agency's efforts to expand detention space.
The agency, through an unidentified spokesperson person, acknowledged the move in a January 30 email that came one day after the Arizona Republic first reported that the Department of Homeland Security had acquired the 418,000 square foot warehouse. The sale for more than 70 million in cash was completed on January 23, according to Maricopa county property records. Rockefeller Group was the seller. The warehouse off of Sweetwater Avenue and Dysart Road, is about four miles from Surprise City Hall. It is near neighborhoods, grocery stores, restaurants, entertainment venues and schools. It is located in the southeastern part of the city known as District 6.
Chris Judd, the council member representing that area, said the federal government didn't make the city aware of the purchase or its intended plans. That's not unusual, he said, because it was a private transaction. One last thing. ICE is targeting the worst of the worst, including murderers, rapists, pedophiles, gang members and most oh Sam, saying it's about break time. We'll come back and we'll switch gears in a minute. Thank you so much for being with us. And if you do need a financial second opinion or advice or just to brainstorm with really smart people, call Anthony at 623-523-0444 or email teamnothermoneyshow.com thanks for being with us. We'll see in just a minute.
[00:27:14] Speaker B: To schedule your free, no obligation consultation with JR and Anthony, call 623-523-0444 or visit anothermoneyshow.com.
At Rochford and Associates we know you've worked hard to earn your money, and you've worked even harder to save it when it comes to wealth management and planning for retirement. JR Rochford and his team of specialists have been helping individuals, families and business owners find financial freedom at their veteran owned firm for more than 25 years. Give us a call now at 623-523-0444. That's 623-523-0444.
So let's break down the big stuff without the boring. It's money time. This is another MONEY show.
[00:28:08] Speaker A: Welcome back to ANOTHER MONEY show. Thank you so much for being with us. As you know, we greatly appreciate you. We are little tiny fish in a big pond and we need all the support we get. We talked about the super bowl for a second, the first half. Apparently from what I read these big companies paid, what was it here? They paid $10 million on average for a 30 second commercial. And I guess a lot of them are upset because people tuned out at halftime, went to alternate viewing.
So they're saying basically they can't get the results. Well, unless you bought a money back guarantee or whatever. I think you're sol we and this is a good time to bring it up. We're going to start selling spots on another Money show. They will not be 10 million. We're thinking a starting price of what, Anthony? What's fair, $17.86, 20 bucks even. So reach out to us if you want cheaper airtime and plugs and advertising. We'll figure out a way to make it happen. We've never had sponsors on the show. We don't want somebody to eat into our time. We don't somebody, you know, kind of tell us what to say.
I believe it's next month. It'll be four years we've been doing this. So we're open to change. So let us know. I want to talk one more thing as I'm on the talk of ice and facilities and all that, a lot of people are very mad at the current president saying you're deporting all these people. But if you look at the numbers, he's not up there. Here's a article from El Paso. Wow. I was talking about El Paso Airport and then boom, get an article here. El Paso Matters. Did President Obama remove more non citizens from the US Than any other president in history? So it says here former President Barack Obama formally removed 3 million non citizens from the US over two terms, more than any other president in American history, according to data from the Department of Homeland Security. In comparison, President George Bush, was he really a president? President George Bush removed about 870,000 people, Bill Clinton about 2 million. And Donald Trump about 1.2 million during his first term, according to the Migration Policy Institute. There's another place your tax dollars are going, kids. According to the Migration Policy Institute, Immigration and enforcement policies and practices under the Obama administration focused on recent unauthorized border crossers and those who had committed crimes. Well, I think that's what we're doing now. I mean, I, I've gotten myself in trouble with one of Anthony's friends because I talk about, you know, landscapers and tortilla makers. I think, I mean, unless they were really being lied to, I think they're looking for repeat offenders. You offended by coming here illegally. And I think, yes, Congress needs to change the rules so you don't have to. I do think the people that are, are escaping war torn regions should be here. I do think people that are trying to better their lives for their family, their kids, I think they should be here. Do I think you should come in legally? I do. So fix the system. When combining removals and returns, Clinton expelled about 12.3 million people, the most of any US president overall. So, you know, I mean, I don't.
[00:31:16] Speaker C: Think it's about that he's doing it. It's more of just the way he is doing it. I get that Obama sent more illegals back and Bush did than Trump, but they didn't do it in the same way.
[00:31:28] Speaker A: Are you sure we just now every. It's so microscoped. Are you sure they didn't? And now we're just hearing about it more. I don't know how they did it. And, and you could be very well. Right. I mean, this stuff with Minnesota is shocking. I still think it's all baloney anyway. I think it's covering up massive fraud. I don't think it's about immigration as much as it is about distraction, but I'm a conspiracy theorist, so of course I think that. But Anthony, you could be right. I don't know. There was no attention drawn to, you know, If Clinton removed 12 million people, we certainly didn't hear about it. You know, you can look back and look at the numbers and you have to presume they're true. In this day and age with AI taking over, we need to start questioning every single thing around us. But yeah, and yeah, I mean, the optics are not good, so. And you know, people that are saying they want to stop the funding for ice, they're basically saying, you know, what their line in the sand is, they want the ICE agents to unmask. They're not saying they don't Want ICE as much as they're saying they don't like the face masks and the, you know, that sort of thing. I don't know. I mean, the ICE people have kind of a good point. We really don't want a bunch of people coming after our families. We don't want people to find out where we live. We don't have to want to go to the witness protection program because we're trying to follow our jobs, duty descriptions. So it's a big can of worms. It's one more example of how divided and polarized our nation is. And are we going to fix it and get back to playing nice kids, or are we going to lose our nation? I don't know. I'm pretty sure 20 something years ago, right before Venezuela, you know, lost the Hugo Chavez or money. Pretty sure they didn't think they were going anywhere. And then over the last two decades, boy, did they ever take a, you know what? And I look at it like we are very much on. We got one foot on a banana peel.
This nation is so close to losing itself, to losing our financial system. You know how that plays out. Do we get a central bank, digital currency? Do we get Nemaro? Do we get a green land, whatever their currency is, I don't know. And it's the whole world.
So the immigration system, I mean, you don't like it here, move to England. You know, I heard Britain's nicest time of year. You know, Ireland starting to catch up, Italy, Spain, Portugal. The whole world has immigration problems. We are just the latest one to have to deal with it. And, you know, we look so much, you know, everybody assumes we're talking about Hispanic origin, where, you know, we're looking at Mexico. There were a whole bunch of people coming in from China. And also there was a, you know, airport prom yesterday. We better look at other immigration too. You know, we, you and I have a friend named Randy Anthony that's been talking for at least the 15, whatever years I've known him that we have Muslim Brotherhood training camps in all 50 states. He's thinking that the way the world plays out over the next fifty hundred years is through Islam and Muslim Brotherhood and care and those things like, who gives a crap about people from Mexico? We're all going to have to huddle down together and try to keep Sharia law out of this country. So it gets way deeper and way bigger. I just think it's all dangerous. Too many people are fighting and we really, it's the, probably the best time that we should get together and figure out what to do about it and stop fighting. But it's not going to happen. The politics, you know, gay versus straight, black versus white, haves versus have nots, left versus right. And we've pitted against each other on so many fronts. And I don't know how we get it back. I hope we do. Hope we do for you guys, for you and Sam and Jay. I, Nick, I hope, I hope we get it back. But I don't know.
Why don't we do this?
Why don't we. You know what? Let's ban out the Festivus Report item. I'm just gonna do one today because I'd like to get to a couple more articles. So let's just do one, you know, where we, instead of hammering out the Festivus Report at the beginning of the year, we're just kind of reading you one way your tax dollars are being spent. So we're reading one or two a week. Example. Here's one for you. Amount wasted, $2.9 million.
The Department of Health and Human Services, through the Eunice Kennedy Shriver National Institute of Child Health and Human Development.
What's the Ackerman, Ackerman, what's the acronym for that? Is that the old E, K, S, N, I, C, H, H, D is giving the University of Michigan nearly $2.9 million to investigate a mystery that has baffled absolutely no one. Whether toddlers spending all day on iPads might affect their development.
You cannot make this stuff up. Whether toddlers on iPads, it may affect the development.
You don't have to give me $2.9 million. Give me $2.9. And I would tell you yes. The answer is yes. Do you realize on Capitol Hill, as we speak, Instagram, Twitter, Facebook, X, whatever, all these social media platforms are defending themselves?
My understanding is Mark Zuckerberg and some of these people don't let their own kids go on social media. But they're defending their, their livelihoods, their careers, their companies.
Literally this week saying that, no, we didn't target people. It's not, you know, we're not trying to addict your kids to social media. Give me a break.
Anybody that can see knows you are.
You're making people, you know, they think everybody else's life is perfect. And there's this miserable, of course it's a trash ape. So, but there's big money in it. So it's not going to go away. So the answer will be, okay, well, don't do it again. We'll slap you on the wrist.
Let Me finish this. Let me. Instead of getting off on this, let me. Let me finish this little blurb. Since the sight of a toddler on an iPad has apparently left the scientific community stunned, researchers created a brand new human computer interaction framework to study whether screens might impact two to four year olds. Something most parents solve without a grant. In practice, that means tracking toddlers for years, videotaping them, coding the design affordances of apps, analyzing how often parents look at their own phones, and running structural equation models to measure whether screens displace activities like talking, playing, or interacting with parents.
In other words, taxpayers spent nearly $3 million to confirm what every parent, grandparent, babysitter, pediatrician, preschool teacher, and exhausted adult with a pulse already knows. Maybe children shouldn't be raised by tablets.
Okay, we got to the bottom of that one. You know, two to four year olds. What you. Hey, parents, you need to be put in the 1500 bed detention center. And surprise, if you're giving your two year old an iPad. What the heck did I just read? All right, should I settle down now?
Let's get to another article. Is that okay? Anthony, do you have anything to say?
[00:38:14] Speaker C: I got nothing.
[00:38:16] Speaker A: No, no, I don't. You did really well with Joe. I did. I did finally listen to the episode. It was very quiet. Joe wasn't his usual ranty self. I mean, you asked him questions, he explained things. He was kind of calm, so that disappointed me. I was hoping he was going to like, you know, whale around on the show, but he was kind of. It was good though. You, you got the right.
[00:38:36] Speaker C: It was interesting. I learned a lot. I hope other people did, but I didn't know a lot of how his industry worked.
[00:38:42] Speaker A: Nice. Yeah. I mean, you pointed that out about. You didn't know how when they buy precious metals, they can go back to refineries versus resales. And it was interesting.
So excellent. We, we. I mean, I love having him on periodically. Next time we have him on that, I'm here. I want to, I want to get into current events with him a little bit too, because I love his take on all that. So here's another article for you speaking of our politicians and that sort of thing. Fox News from 2-5-26 Dem rising star who called Trump con man spent over 120,000 on luxury hotels, transportations and security.
I bring this up not so much because it's political, but it's certainly financial because my understanding is where do politicians get their money? Their job is to politic. It's not to go to work every day. So I just want to. Underneath this, I want you to keep in mind she got this money from the government or from grants and donors and all kinds of places. But it ain't her money. It's easy to spend other people's money, isn't it kids? So let's see here. Progressive rising star. And I don't care if it's progressive or conservative. They do it too.
So progressive rising star Jasmine Crockett, who is running for U.S. senate in Texas. We're spending a lot of time in Texas today, spent over 120,000 in luxury hotels, transportation and private security services over the course of 2025. Federal Election Commission filings for Crockett, who has referred to President Donald Trump as a slick con man only concerned about pleasing the rich, show she shank. She shank. She sank. She wants to shank her prisoner. What? She sank just over 124,000 from her house and Senate campaign funds on luxury lodging, high end transportation and private security. In 2025, Crockett spent $32,685 on luxury hotels alone. In one year she spent 32 grand. Wow. It sounds like she's living the life. She's living her best life, kids. In the final quarter of 2025, that's in one quarter. What. As Crockett launched her Senate campaign, which she framed as a fight for the people against a system of greed.
The irony of these people, the hypocrisy, the illunacy of these people is mind boggling.
She spent $11,841 on top name hotels across the country. Hotels Crockett's campaign paid for in the last quarter of 2025, including the Ritz Carlton St. Regis Hotel, Zaza Kimpton and the five star Los Angeles West Hollywood edition. Well, I mean she had to get near the people that she represents. So of course. Meanwhile, she spent a total of $11,738 on limousine and and luxury car services in 2025. Her Senate and House filings show she spent 5,446 on Bay Area Lux limos based in California, a detailed drivers, a white glove transportation service in the last three months of the year.
Let's see here. By far the largest expense was private security.
Despite Crockett's repeatedly calling to defund the police.
Crockett paid close to $80,000 for security in 2025. A significant portion, $30,079 of those security costs came in the final quarter of 2025. She took heat in early 2025 for several inflammatory comments, including calling then Department of Government efficiency chief Elon Musk to be taken down and mocking Texas Republican Governor Greg Abbott, who is wheelchair bound as governor. Hot wheels. In both instances, Crockett said their comments were misinterpreted or taken out of context. I'm sure you would say that whether they were or whether they were not. You know, my take on this article, it's really there's nothing left in this country, perhaps most of the world, other than the haves versus the have nots.
Stop this red versus blue bull. You know what focuses on the haves versus the have notS. Because there's your problem. She hates Trump because, you know, he's doing evil rich person stuff. And. And what's she doing? Evil rich person stuff. Stop it.
So let me get to another one of our famous elected leaders. You know, darn it, I probably should have gotten two from the right and two from the left instead of just two from the left.
So the Washington Free Beacon on the 14th of January, speaking of the haves and have nots, wait to hear this. Kamala Harris buys $8.2 million seaside mansion after warning sea levels are rising due to climate change. Harris's new home House. It says home, but I'll say house Features many of the same amenities, such as a gas stove and fireplace that the Biden Harris administration targeted with regulations. Oh, hypocrisy much. Former Vice President Kamala Harris and her husband Doug Emhoff purchased an $8 million mansion in an exclusive oceanside Malibu neighborhood. Malibu? Weren't there fires their neighborhood last month? The move came after Harris spent years warning that such communities would be threatened by the climate crisis. The not me.
Let's see here. A real estate listing for the mansion reviewed by the Washington Free Beacon says the luxury pad is perched in a prime coastal location with breathtaking ocean views. The property sits right near a coastline that, according to climate scenarios endorsed by Harris, is at risk for facing extreme flooding. A climate model issued by the Biden Harris administration determined that Point Dum State Beach. Dum Dume. That's fitting. The beach just a short walk from Harris new property would be severely damaged by sea level rise even under the model's most modest projections. The Trump administration discontinue that model in June of 2025. Maybe climate change was fixed and now Harris is fine by that house. I don't know.
The purchase, which was first reported by the New York Post, calls into question Harris's earnestness when discussing the threats posed by what she calls the climate crisis. I need to stop drinking before I do these shows. Our oceans are warming, sea levels are rising, Harris wrote during her short lived presidential campaign in 2019.
Extreme weather is destroying our communities. We are poisoning the planet.
As a senator, Harris co sponsored the Living Shoreline act, which called for earmarking of $50 million in federal funding a year for combating sea level rise, which threatens thousands of coastal communities and economies. I'll just read a couple more things because I guess this is pretty self explanatory. Former President Joe Biden made Harris the chief spokeswoman for his billion dollar Climate Ready Coasts initiative, under which the administration distributed large grants for projects nationwide in support of coastal communities. Responding to the climate change, Harris announced the first tranche. You know what, if we were a legitimate financial show, we would use the word tranche a lot more that tranche. A lot of people remember that term from the movie the Big Short.
But we, we don't use the word tranche nearly enough. I'm going to say tranche about five more times just so we get our fill of tranche talk. So anyway, Harris announced the first tranche of grants under the initiative in April of 2023, doling out 562 million for 149 projects in 30 coastal states and territories.
To live in a coastal community is to live on the front lines. You know what? I'm done and I'm done with this. I had more highlighted, but enough. So the last thing I read, Harris's office didn't return a request for comment. Huh.
Not really sure what she'd say. I mean, you know, you're buying a house where you told people they shouldn't live. So I guess we're done with that.
Let's switch to 8News now on the 31st of January of this year. I like this article, Anthony, because it's kind of a follow up when we talked the last couple years about a drug house in California that Newsom knew about, but he didn't know about. And they had Ebola. They had all kinds of deadly pathogens and viruses in the house. So if you haven't heard this story yet, hang on. Neighbors say home with alleged bio lab was under surveillance. This one is in Las Vegas.
Neighbors said they are still in shock over the bizarre discovery of an alleged biological lab in a home along Sugar Springs Drive near East Washington Avenue and North Hollywood Boulevard. The home was raided by the FBI, SWAT, Metro Police and checked out by hazmat teams just before 6am on Saturday. According to Clark County Sheriff Kevin McMahill, our teams went inside and found evidence of possible biological material, including refrigerators with vials containing unknown liquids.
McMahell said during an afternoon press conference at Medro. Have.
All right. And I guess I don't have to dig into this one.
As long as we're on a time crunch, I won't go too much further. But I heard I didn't get a lot of information in the story because I thought, well, so what? You know, what are we going to do about it? Do we vote differently? What do we do? You know what I heard later, this house was being used as an Airbnb.
So if you, Anthony, or you, Sam, stayed at an Airbnb in Las Vegas in the last few months and you don't feel well, it's not just the chemtrails and the spring.
It might be you were near Ebola and anthrax and good knows whatever else.
[00:49:07] Speaker C: Funny, I'm shopping for an Airbnb for Vegas now.
[00:49:10] Speaker A: I can probably get you a pretty cheap one. Will you give me a little referral finders fee if I get you an address that's probably vacant?
Why don't we do this? Do you. How do you feel about getting financial for a minute? Not advice. If you're listening to us and you hate us. Not advice. How about we talk about finances for a minute? I'm noticing a. A kind of a downturn in cryptocurrencies. I don't know if anybody else is noticing it, but Bitcoin, xrp, I mean a lot of these things are having a little trouble. I do want to read something to you from the Constitution. I'm going to go way back.
Let's see here. What does the Constitution say about our money? Let's get to Article 1, Section 8 and I will read word from word from the Constitution to coin money, regulate the value thereof and a foreign coin and fix the standard of weights and measures to provide for the punishment of counterfeiting the securities and current coin of the United States. That is direct quote from the Constitution. So Bitcoin is illegal.
Gold and silver is the only coin that we are supposed to be using. So even going back to the Constitution, our currency, our fiat currency which we are about to lose, is illegal. Let me read one more thing here. This is from Section two. I'm still in article one section.
[00:50:39] Speaker C: It's not even a legal little thing because it's not like it's an official currency.
[00:50:45] Speaker A: Doesn't it say on the bills? Doesn't say something like that. It's official. Didn't they Tell us that it's replaced gold and silver as commerce. Didn't they even seize our gold at one point? Didn't they even.
[00:50:56] Speaker C: Yeah, I'm talking about the crypto.
[00:50:58] Speaker A: Oh, yeah, yeah, yeah. But let's talk about the dollar too, because they're the same. They're air. Let me read one more thing. This is still Article 1, Section 10. No State shall enter into any treaty, alliance or confederation.
Grant letters of marquee and reprisal coin money emit bills of credit. Make anything but gold and silver coin a tender in payment of debts.
So I know the Constitution has morphed. It really must be a living, breathing document according to most. Because I know the second amendment says you can't infringe on my right to keep and bear arms. And yet you have. I can have a weapon in Arizona as soon as I cross into California. I cannot. So you have infringed on my right. This says you have infringed on my currency also. So I. And I went. I wanted to get financial for a moment because the financial markets are a house of cards. Better be awake. The banks have no money. Last time I brought it to you, the Deposit Insurance fund, the fdic. If you go and look at their own numbers, they had 1.3% coverage on your money. And that's accounts under 250,000. So act accordingly. But all sudden, China. This week, China came out and told its banks to stop buying U.S. treasuries even though they've been paring down their holdings of Treasuries for years. You know, Japan's the number one holder. China's up there. We're the. We're one of the holders. So they're telling their banks now, not only do you need to stop buying it, you need to start getting rid of it faster.
And then I find an article from msn.com on 22 January, Danish pension fund says it's selling all of its US treasuries. A Danish pension fund is planning to sell its entire holdings of U.S. treasuries about 100 million over concerns about the U.S. government's financial stability. Hey, Danes. You just now are waking up. The fact that we're 38 trillion in debt and rising and our mismanagement is epic and we are bread and circus time. Okay, good for you. Aren't you the people that oversee Greenland? You don't deserve to have Greenland or a currency. The decision is rooted in the poor US government finances which make us think that we need to make an effort to find an alternative way of conducting our liquidity and risk management, anders Shelde, chief investment officer of Academic Pension, told CBS News in a statement.
So Danes, you're waking up. Let's see here.
During a press conference on Wednesday at the World Economic Forum in Davos, Switzerland, Treasury Secretary Scott Besant said he wasn't concerned about the Danish sell off of US Treasuries. So apparently it was brought up at Davos and our buddy Scott said, who cares?
Oh man, I know we're almost out of time. I was going to bring up an article about Jan YELLEN Warning the 38 trillion in national debt is testing a red line for economies having feared for decades. Maybe I'll save that for next week. So anyway, I'm glad to be back. Anthony, thank you for spearheading our show last week. We are nearing in on the four years so we're going to ask you your feedback again. Do we continue for another six months? Do we change our format to finances or do we hang it up now and get back to our day job as financial advisors at Rochford and Associates?
So kind of keep in mind, we want your feedback.
Thank you for everything. Anthony, you want to take us out or what do you, what are you thinking?
[00:54:40] Speaker C: Well, that's it for today's show. If you like what you heard, you have questions on any of the topics today or want to sit down with us to review your financial situation, you can reach us at team@AnotherMoney Show.com find us on the web anothermoney show.com book appointments straight from the website.
Give us a call 623-523-0444. The number again is 623-523-0444. Remember, there's no minimums, no costs for appointments, nothing to lose by getting a second opinion on your financial situation. We'll see you again next Saturday at 5am and noon right here on 960 the Patriot.
[00:55:19] Speaker B: Thanks for listening to another money show. You deserve to work with a private wealth management management firm that will strategically work to protect your hard earned assets. To schedule your free no obligation consultation visit anothermoneyshow.com investment advisory services offer through Brookstone Capital Management LLC. BCM. A registered investment advisor, BCM and Rochford Financial are independent of each other. Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents. Investments involve risk and unless otherwise stated are not guaranteed.
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