July 03, 2026

00:56:00

Fourth of July, Government Spending, AI & the Future of Money

Fourth of July, Government Spending, AI & the Future of Money
Another Money Show
Fourth of July, Government Spending, AI & the Future of Money

Jul 03 2026 | 00:56:00

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Show Notes

As America celebrates Independence Day, J.R. Rotchford and Anthony Carrao take a wide-ranging look at the financial and economic issues they believe could shape the country's future.

This week, the conversation covers everything from government debt and Social Security to artificial intelligence, cryptocurrency, autonomous vehicles, and the growing role of technology in everyday life. Along the way, they discuss diversification, retirement income planning, market uncertainty, and why having a personalized financial strategy may be more important than ever.In this episode:

  • Fourth of July reflections and America's financial future
  • Why diversification still matters during uncertain times
  • Gold, silver, Bitcoin and cryptocurrency conversations
  • Government debt and Social Security concerns
  • AI's impact on jobs and the financial industry
  • Driverless vehicles, technology and privacy
  • The latest "Festivus Report"
  • Why retirement income—not just assets—should remain the focus

Whether you agree with every opinion or simply enjoy thought-provoking financial conversations, this episode offers plenty to consider as you prepare for your own financial future.

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About Another Money Show:
We’re your hosts, J.R. and Anthony. We want our listeners to be informed of not only the standard rules for investing but how to invest based on the uncertain world around us. We want our listeners to be prepared – not scared. Being aware of potential pitfalls allow our listeners to be proactive in their finances, not reactive!

Meet J.R.: J.R. Rotchford joined his family’s business, Rotchford & Associates, in 1998 after serving in the U.S. Air Force, graduating from ASU and working for a newspaper and then an elevator company for a short period of time. He has experienced the peaks and valleys of the financial services industry for going on a quarter of a century now.

Meet Anthony: In 2018, Anthony Carrao became the 4th generation of the family business after leaving behind a career as an Industrial Engineer. Anthony now uses his knowledge base in strategic planning and cost savings initiatives for individuals and families to better their financial situations, instead of saving millions for large corporations.

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Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor. BCM and Rotchford & Associates 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.

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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 J.R. rochford. [00:00:41] Speaker C: Here we are, your hosts, Anthony Correjo 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 right here in Sun City to bring you stories you may not hear 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 it's no guests this week. We go from two in a row to just us. [00:01:08] Speaker D: Well, we thought maybe people needed our little angelic voices back. So yeah, I mean, and those were two great guests. I mean we, we've been, I, I think they were very successful. We had a lot of feedback. So we've got another one we're getting ready to line up who's a retired football player. So that'll be, I'm looking for that one. He's now a financial advisor. So we're going to find out a date that we're both available and get him on. So thank you for being with us as always today as we record, we're recording on a Tuesday. Again these weeks are flying by. We're actually recording on June 30, but by the time you hear this it should be the day before or the fourth of July. So we hope you have a good safe weekend and happy 4th of July. I know everything in the world is different each year. Hopefully you're safe. I mean obviously I'm already reading about people need to watch their surroundings so I won't go into that. I just hope you stay safe and have a good one. Be happy and healthy. Shout outs real quick. I want to thank Mark for being on the show last week. That, that was an incredible show. Had a little bit of feedback on him, mostly positive. A couple people said that, you know, they'd like to debate him. So I, I, maybe we have like three or four people on the show that all kind of see things differently and you know, see it, take the gloves off for a few minutes. I don't know. But I, I just, I am optimistic that Mark is right and that somehow we break through the red tape in bureaucracy and politics and we do what's right for the future. So that's, that's my hope. With water. The other shout out. I was actually this Morning on Tuesday 30 June, I was on Joe's show again, Joe Jaquent show on the Patriot Radio News Hour. If you'd like it, I'll send you a copy of it that'll be out by now, by the time you hear this. [00:02:51] Speaker A: So. [00:02:51] Speaker D: Thank you, Joe. I mean, he, he's let me on pretty often. I'm still working on getting a weekly segment, still working on him to get like five minutes every Monday lined up. So that's my dream. Speaking of Joe, we had a couple calls this week. Anthony, you probably have too. I, well, actually, I know you talked to one of the guys. We have calls all the time with people asking about precious metals. So my answer is never going to change. And this is whether you ask about SpaceX stock. And I don't care what item you're talking about. Moderation and diversification. I can tell you that the reason it stuck out to me this week a little bit more powerful than usual is because our phone was ringing more, I don't know, a month ago, six weeks ago, when gold was flying, that's when everybody was asking about it. Gold has had quite the retraction and now it's kind of quiet. So when two people in one week call, I'm like, oh, now you're thinking, you know, the old what my grandfather would subscribe to. Buy low, sell high. If we had the stomach and discipline to do so, we'd all be wealthy. I know that it's like dieting. As, as a man from a short fat family, I can tell you something. If dieting was easy, we'd all be thin. If broccoli tasted like chocolate cake, I wouldn't look the way I did. I do. I almost said did, but no, I'm still fat. So I really. Gold and silver have come down and our phone's quieter. So you wanted it when it was more expensive. Silver hit 100 bucks and everybody was clamoring for silver. Now that it's at whatever 60, I didn't even look today. Now you're not looking for it. I don't get it. So I think the biggest thing about investing is the fomo, the fear of missing out. I mean, that's my guess because people, you know, everybody wants to join the hip cool kids club. So. So anyway, if you are in the market for gold and silver, maybe it is a good time. We'll introduce you to Joe. We trust him, we like him, he's local. If you're in Colorado or Arizona, you can meet him or Jason. So anyway, I was on the show this morning. Thank you, thank you Joe. That kind of got off track of the shout outs, didn't I? Couple things going on. Oh, another one more thing about the FOMO. Are you watching Bitcoin XRP? XRP is like a dollar four cents today. Bitcoin's like $58. Don't forget about nine months ago Bitcoin was at $124,000 a coin and people were talking about bitcoin, it's going to replace the dollar. My personal feeling because who knows, I don't have a crystal ball, who knows. But I can tell you it's very, very unlikely. I think it's more likely that people are going to realize that a lot of this crypto stuff is air. Until I can take it to Walmart and use my EBT card of cryptos or whatever tool it's going to be. I'm just, I'm still saying it's a Beanie baby or a pet rock. It's great, you know, if you're making money on it, good for you in the long run. I'm not sure obviously if you've listened to us for four years. By the way, something we're proud about and I haven't mentioned in a while is pride. Is that, is that an okay thing to be? We're proud of something we've been on for four years. March was four years and we've never missed a week. Doesn't matter if it's 4th of July week, Easter, Christmas, whatever, holiday of the month. We've never missed an episode so I think that's pretty cool. Anyway, so the government, for four years we've been telling you this about Fed now and executive orders. The government is 39 trillion in debt. 39 and a third at this point. It's not sustainable. The BRICS nations have veil their unit, their currency so we're going the wrong way. This ends with a housing market collapse. This is my opinion, mind you, a stock market collapse of biblical proportions. I'd say 1929 plus 2000 plus 2008. And then the government's going to be here to save us. What did Ronald Reagan say? I'm here I'm from the government, I'm here to help. So, and then they're going to usher in the central bank digital currency. Be ready for that. You know what? My, my answer is going to be the same as what I said a few minutes ago. Diversification and moderation. In the meantime, I would be very, very, I, I, I would be, do a bunch of research, look at, look at what's going on. They're going to do a stable coin. They're not mentioning Bitcoin. They're going to use something that we're not ready for. They cannot have pockets of wealth in this country. And that's what Bitcoin has done, was created pockets of wealth. So reach out to us in your situation. We'll ask what you have currently with cryptos. And by the way, Joe says it lately, you need to make sure you have a Coinbase account or a Kraken account or whatever your account is. You need to get comfortable, as he says, in that space. You need to be able to work your way around cryptocurrencies. You need to wrap your mind around it. If you're an older listener in Sun City, I understand what you're thinking right now. In my 60s, believe me, this is intimidating. This is, I just, I want to wash my hands of it, so. But I can tell you what I have bought into. Grayscale bitcoin, I've bought into, I bought Texit Coin, which, by the way, is still on hold. I'm very optimistic that it resumes trading this summer. So one of the things about cryptocurrencies, no matter what, you like them, hate them, that's not going to stop them from coming. So get your stocks and bonds, if that's appropriate. Have some cash at home, do some generational wealth transfer via life insurance or fixed annuities. We have all these different ideas for you. So if life goes on like it has the last 250 years, then you're prepared. But the future seems like it's changing. We can help you get ready for that, too. We've got a young lady who's a snowbird. I've got to reach out to her next week and walk her through opening up a Kraken account so she can start playing a little bit with cryptos. So I, I don't like it any more than you do, but it's here and I don't think it's going away. We just have to use diversification, moderation on which ones to buy the world. Let's go into the world for A moment. The world is crazy, right? I mean, you know, there's still the, the thing with Russia and Ukraine, we don't hear about it. Palestine, Israel, we don't hear about it. You know, all we hear about is Iran, Bahrain, all this stuff. I'm very, I'm worried about the world. I'm not going to lie. One of the things that, that we focus on, we're financial people, so a lot of what we focus on is the money of it. We're 39 trillion in debt. When you look at underfunded and unfunded liabilities, it's been game over. We just don't know it yet. You know, the powers to be, their finger is hovering over the reset button. When everything's in line, they're going to change everything about your day to day life. When I look at the debt, when I look at what's going on with money, how on earth, how on earth are we funding different countries? How are we still giving foreign aid? You know, that's still, that's still a thing. One of the things that I read. Let me see if I can find it here. Okay. And this, and I, and I make fun of this too. I tell people all the time Facebook is a dumpster fire, a train wreck. I call it names, but it's, it's very good barometer of our country in our world. I found this little nugget on Facebook and I thought it was interesting. Some of you might relate to this. A government that can find billions for somebody else's border, somebody else's war, somebody else's bureaucracy, and somebody else's future all ought not come home and tell the American people there's no money left for roads, schools, veterans or tax relief. The math doesn't work. Charity may be a virtue for individuals, but a government has a first obligation to its own people. To the man paying $4 for eggs, to the family watching insurance premiums eat the grocery budget, to the small business owner buried under taxes, fees for forms and mandates, to the veteran waiting on care, to the young couple wondering if they'll ever afford a home. Washington has grown far too comfortable spending money it did not earn, taking money it did not create, and sending money to people who did not pay the bill. Before Congress writes another check to the world, it ought to remember who signed the back of the first one signed the American taxpayer. So as simple as that is, maybe, maybe that's dumb. When you hear that, it's very spot on. We're broke. The country's broke. What, what we can do for you is one person, one couple, one family at a time, help you with your situation. The big picture we can't help you with. I mean, we, you know, a couple weeks ago, we talked again about Social Security. We try to sprinkle that in. Social Security is broke. We all know that. It's been misused, it's been mishandled. You know where it's changing. I know we talk about a lot. The reason why it's going so fast. Social Security is coming at us. They're finally saying they've got to deal with it. What, 20, what is it? 20, 32 and this is 2026. So it's coming. I do think that basically what happens, you know, the worst case scenario, we're going to have another 2008 style market dump and they're going to lower Social Security at the same time. So all of you baby boomers, all of you people like me, who made your career, worked hard, gotten where you're going to get, it seems like you could. There could be a storm coming. So. And by the way, what do I, you know, what do I say to do about it? Reach out to us. Sit down with us. Let us be a second opinion. Sit down with Anthony. His passion in our office is cash flow. It's supplemental income. If Social Security cuts your income, you've got to have a backup plan. That is his specialty. So there is something we can do about it. Boy, I'm really, I'm kind of rolling today. Anthony, did you want to talk at all? Do you want me to keep rolling? It actually looks like. Go for it. So real quick, I know you're working and, and I will not interrupt you too much. What are you going to do this week? What are you going to do for fourth of July? Anything. Fireworks, barbecue, travel. Yeah. [00:13:05] Speaker C: Hang out with the dog. Make sure he doesn't freak out. [00:13:08] Speaker D: Oh, that's right. This. Yeah. You've got a puppy and you live in a very crowded neighborhood or whatever. You don't. You're not on a bunch of land where he. He won't be able to hear it. So. Yeah. Good. [00:13:18] Speaker C: Oh, yeah, it's already started. It'll go on for the next few weeks. [00:13:23] Speaker D: Really? So my question about fireworks, I guess I have two. Didn't we, didn't we become a country because we revolted against taxes? Was not like the Tea Party and everything was not about not paying taxes. And now we find these roadside stands and when you buy fireworks, there's taxes on them. So that's ironic. But my question Arizona, Utah, Colorado, a bunch of the west part of the country. Big problem with fires, forest fires. How on earth did I see a roadside fireworks stand this morning? I don't get it. I mean, I don't care if it's snakes or sparklers or, or stuff that shoots up in the air. We're dry. It's a tinderbox. You know, according to Jeff, we're. We're in a drought, a hundred year drought. So I don't know. I don't think you got to do any fireworks. Okay, let's, let's move on for a second. The last two weeks we did not do a Festivus report. So I think I'd like to get back on track and do one of those, if that's okay. This one is a little bit of money. $2.8 million. If eating bugs turns. Didn't we do insects last one three weeks ago? If eating bugs turns your stomach, this BLT might push the faint hearted over the edge. The Department of Defense. Department of Defense spent your money creating so called BLT mice. And no, not the kind of BLT you're thinking of. These lab animals were implanted with bone marrow, liver and thymus tissue obtained from aborted human babies. The project drew military dollars to support projects using humanized BLT mice. What was billed as science for national defense instead exposed cruel and an unnecessary research using aborted fetal tissue. A morally repugnant practice I have been fighting for years. The first Trump administration cut funding for fetal tissue research, but unfortunately Biden reinstated it and allowed taxpayer funds. That's where I don't give a crap who the President was. What I give a crap is this part. The allowed taxpayer funds to once again be used for this inhumane and immoral research. The Department of Defense still had grants totaling 2.8 million that were used at least in part to fund a human fetal tissue research on humanized mice. So there's where your tax is going. Thank you, Rand Paul, for digging into this. It's. It's absolutely crazy if you ask me. What can we do about it? I don't know. I mean, Elon Musk came and went. We had Doge. I. I don't know. You know. Can you reach out to your representatives, your congress people, senators? I don't know. Do they care? I don't know. They. They're. You know, I found one article. I don't even have time for this one today. I'll just read you the title. Elon Omar's New Financial Disclosure Takes Americans for Fools. Claims Spouse made as little as $200 in 2025. I think I'll put that aside and dig in it next week. Go back to some politicians behaving badly articles. So it's just, it's so frustrating to me because people are working so hard trying to get by, trying to get ahead. And then you think about the fact that we wouldn't need to work nearly as hard if the government wasn't misusing our tax dollars. Perhaps they could cut our taxes greatly if they weren't doing that. But that's here nor there. Let's get into some articles, if that's okay. Actually, no, I want to read one more thing to you. Matt said we have 10 more minutes until break time, so I got plenty of time. Thank you, by the way, Matt McClure for being here today. Sam is on vacation, so Matt is our adult supervision. How you doing, Matt? [00:17:24] Speaker A: I'm good, I'm good. You know, I try to, try to keep the supervised as much as possible. I'm not sure if I do as good a job as Sam does, but you know, I, I just, I do what I can. [00:17:33] Speaker D: We don't push it with you. We, we take it like you'll scold us if we do anything crazy. We're not sure about Sam. I think Sam's numb to us. I'll bet he mutes us, but he's never heard a radio show. But he hasn't heard us in like a year and a half in years. Yeah, he's just. [00:17:46] Speaker A: It just tunes it out. [00:17:48] Speaker D: Yes. So. Well, we're glad you're here. It's always nice. It's a nice break when you're here. [00:17:52] Speaker A: So it's a nice, It's a nice break for me too. [00:17:55] Speaker D: Cool. Very cool. Know you're just saying that, but very cool. So what are you going to do? Fourth of July? What's going on? [00:18:02] Speaker A: We're going to. So my sister and brother in law's house to grill out. The, the only caveat for me is I got to put the grill together because it's a new one that I think my brother in law bought around or maybe it was a Christmas gift or something. And so my. One of my Christmas gifts to him was going to be going over and putting together the thing, but of course then it was cold. So now it's the heat of June, almost July and I've got to put it together in the heat. So. [00:18:31] Speaker D: Oh man. Don't you, I mean you're, you're not only a amazing radio personality, but you're a financial advisor. Don't you have any clients that like used to work at Ikea? Don't you have any clients that are handy? Slip somebody a 50 and get that thing done. [00:18:46] Speaker A: Right. Exactly, exactly. Oh my gosh. You know what, Let me go down my client list and I'll see because anything to get out of this I think will be a good thing. [00:18:55] Speaker D: Oh yeah. I mean, I can't even imagine me having to do that. One leg would be shorter than the other. Two burgers would be sliding off the grill. [00:19:01] Speaker A: And yeah, I'm usually, I'm usually pretty good at it. It's actually much better that I do it than my brother in law do it because it would end up like, like your grill there. J. [00:19:12] Speaker D: Wow, that was a real slam against me, man. I was just kidding. I am ingenuo and savvy. [00:19:17] Speaker A: So like I said, I do what I can. [00:19:20] Speaker D: Well, I hope you have a good time. I hope you stay safe and happy and healthy. [00:19:23] Speaker A: Likewise. [00:19:25] Speaker D: Speaking of the fourth of July. So on Joe's show this morning, he had done an AI search, he had done an Internet search on the cost of, of the fourth of July barbecue. And he said that the average right now, and this is for a, having 10 people, a group of 10 people over for the barbecue. It was $73.82, up 4% from 2025 and the highest cost ever. A couple questions. Oh, and some of the specifics he, he cited. Ground beef is up 5.5%. Strawberries are up 12.4%. The question I have for you. How the heck is anybody feeding 10 people for $73? That doesn't even make sense to me. There's something wrong there. I bet if you checked with several different places you'd find higher amounts because that seems too low. And I did add to his, you know, for $73.82 for 10 people. If you add the cost of beer to that, it goes up to $193.17. So there's that. Speaking of the 4th of July, 250 years, 250 years this country's been around. And the good thing is there'll be mattress sales. We'll be able to celebrate our years with a deal on a Chevy and a mattress. When I was talking about the end game coming close, I read this, I don't know, maybe six months ago. My very favorite quote is from a guy who's got a beard very similar to Anthony's. Guy named Frank Zappa. I think really, really set the stage for what's going on, pardon the pun. Let me read a quote from Frank Zappa. The illusion of freedom will continue as long as it's profitable to continue the illusion. At the point where the illusion becomes too expensive to maintain, they will just take down the scenery, they will pull back the curtains, they will move the tables and chairs out of the way and you will see the brick wall at the back of the theater. That's what I think we're, you know, I'm sorry, I'm kind of, kind of half empty today, you know, right before the 250th anniversary. But I, I, I think Frank was on the right track. He was early, but not wrong, I believe. So let's, let's get to some articles. I'll start out with something financial if you remember. I know Anthony, you remember this. We, we talk about the Dow Jones Industrial Average fairly regularly. I used to always call it the Teflon Dow because it could never be caught, it could never go down. That just steady or going up. So the Dow Jones Industrial average is only 30 companies. So if you want to manipulate a market, is it easier to manipulate 30 companies? I don't say countries, but that, that too. We're manipulating 30 countries and 30 companies at once. So they remove Walgreens and put in Amazon. I don't know. Within the last year. So guess what? I believe it's today. No, it was yesterday. Sorry. So Alphabet. Isn't that the parent company of Google? Alphabet to replace Verizon in Dow Jones Industrial shuffle. So here they go again. The Verizon stock was. The share prices were down, so they're going to yank it out. You want the Dow to stay up. If there's an underperforming company, take it out, put a new one in. That's what they did yesterday. The tech giant will join the Dow Jones industrial average on June 29, replacing Verizon Communications to better reflect the growing sectors of the US Economy. Alphabet's inclusion will broaden and strengthen the Dow Jones Industrial Average. Exposure to areas such as artificial intelligence, cloud computing, healthcare technology and digital advertising, according to S P. Dow Jones. [00:23:31] Speaker C: And it surprises me that it wasn't in there already, honestly. [00:23:35] Speaker D: Oh, me too. It should be the Magnificent Seven. The only thing is they need those for the S P500. The, the. Well, this talks. Go ahead. [00:23:44] Speaker C: They're in the same. They're not. [00:23:47] Speaker D: No, I mean what I'm saying, what I'm saying is like when you, when you look at who's running the world right now, I know what we always Say, and that's, you know, Vanguard, BlackRock, Blackstone. But who's running our day to day lives as consumers as you know, it's, it's definitely Alphabet, it's definitely Amazon. It's, it's a small basket of companies. So I, I don't know. But I mean, you're right. I'm surprised they didn't do it earlier too. I mean if you're, you know, look at a football game, you got a football game and you're losing the game. If you could pull a player out of the opposing team's lineup and put it on your team for the second quarter, would that help you? I mean, I don't know. It just kind of, it shows you that the Dow is easy to manipulate. My heartburn with this story. How many people that are listening to us knew about this? Unless you do what I do and that's look for things. Not. No, Anthony, I'd just be upset about. But to bring people one hour a week, you wouldn't know about this, I don't think. I didn't see it when I watched the news. So I don't know. So anyway, so the dao is changing again. They're going to keep floating that thing until they're ready to push the button and change the scenery. So with that, I know we're getting close to break time. I want to start on something and then we get back from the break. I'll dig into it. So there's a lot of weirdness around cars. We talk a lot lately about flock cameras. You know that that's growing legs too by the way. I've got new updates on that but there's a lot around cars. Anthony, we had talked about how they're going to put kill switches. They're going to start monitoring your actions in your car starting this upcoming year. The cars that are being produced right now are mandated to have kill switches in them and have governmental control. That, that is so wrong in my opinion. But it's going on. So a couple updates. Well, actually, let's take a break. Let me tease you with that. I got a couple of updates on how that's going. So please reach out to us. We're at 623-523-0444 or you can always email us at teamnothermoneyshow.com we'd love to be a second opinion on your finances. We'd love your show ideas. So we'd love to meet you. We want to meet every single one of you. You know, I hear the Other shows, I hear the infomercials and you have to have saved 250,000 or 500 or a million. We want to meet you. If you've saved 5,000, we want to meet you. We want to be a resource to you and we just want to hang out with you. So one last thing, make sure you help us on the YouTube channel if you would. We've got over 700 subscribers, but we also have over a half a million views on Anthony's shorts. So thank you for checking those out. We will be back in just a minute. [00:26:29] Speaker B: Well, J.R. and Anthony need a quick breather. So refill that coffee and get ready to level up your wallet. This is another Money show. [00:26:44] Speaker D: I think we can all agree losing money sucks. No one likes to lose money. But Outside of the one month downturn in 2020, the biggest Black swan event in modern times, has anyone really felt the pain of a stock market loss? Has everyone forgotten how devastating 2008 was? What about the dot com bubble? Are we all so naive as to think that this could never happen again? Hi, I'm J.R. rachford, host of another money show with almost three decades of experience. What if I told you I don't care if the bubble bursts again? Because there's a way to make sure that market downturns don't throw off your retirement assets. Come and go. Income is forever. Protect your retirement by self funding a pension. And you know you'll never outlive it. You may not have been lucky enough to have a job that offered a pension, but that doesn't mean you can't start your own. We can help. Reach out to us at 623-523-0444. That number again, 623-352-30444. Or find us on the web at anothermoneyshow.com and let us help you not worry about your retirement. [00:27:59] Speaker B: Welcome back to Another Money Show. To schedule your free no obligation consultation with JR and Anthony, visit anothermoneyshow.com or call 623-52-3044. [00:28:15] Speaker D: Welcome back to Another Money Show. Thank you so much for being with us. We hope you're having a wonderful fourth of July weekend and we hope you're safe and happy and healthy. So thank you for taking time away and being with us. We appreciate it. Right before the break, we were, we were talking about cars and how they're quietly going to make changes to new vehicles and by the way, a financial sideline to new vehicles. Who on earth. And unless you're like real far upper, upper middle class and above. How in the heck are you affording new cars? I mean a new pickup truck if you want something nice, something fancy. I mean some of these pickup trucks, you know. Jay, my youngest son, bought a pickup truck last year and it was like 50 grand. It's not a raptor. It's not a high end pickup truck. It's nice, it's new, but it's, it's not, you know, I mean it's, it's. I don't know. To me it's kind of pricey. If you're buying a high end pickup truck, you can. And $100,000. So that's crazy. But anyway, so the government is going to start controlling your, your vehicles. I think they're going to do that inside and outside via the Flock cameras. Anthony went to look that up. We were sitting with a client who. And we were talking about that and Anthony went to look it up and couldn't find any information on it. So they, they did pass legislation federally from what I remember. I mean we, we verified it a few months ago and now it's, it's kind of hush hush. So I don't know what's going on. But all of a sudden lately I've been hearing about different things that are automotive related and I think they're interesting. I've got an article here from 18 June from Kivitv. See, we even go to Idaho to bring you news. That's how much we, we love our audience. So this is from Kivitv. Median fire destroys an estimated 9,000 cars at a historic Gooding county salvage yard. L and L Classic Auto, a family owned operation north of Wendell that has been in business since the 1960s. I also have been in business since the 1960s. Great. I've been alive. So it lost an estimated 9,000 of its 10,000 cars in the fire. It also destroyed the business office, all of its records, and a new tow shop. L and L Manager Jesse Johnson said the fire was unlike anything he had seen. We had 10,000 cars and if you look at 90% of the inventory, we lost 9,000. There is not one part of this yard that wasn't affected somehow by this fire. So last I heard, and this was before reading this article there a few weeks ago, I read that there were over 16 different junkyard, boneyard, whatever you want to call it, fires. So all of a sudden, as they're going to force you into these brand new, expensive cars, old vehicles are going to become harder to find. I know That's a little bit of a jump, but not really. I mean, this guy can't explain how this fire happened, what caused it. Maybe if he painted the roofs of all the cars blue, they would have been. Sorry, that was a little too much. I don't know, it's just weird. So when you want to repair your old car, you're going to have more trouble. So Anthony, your next door neighbor, one of our loyal listeners, he put some on Facebook about, about how you people have been arrested for working on their car. I have to find more about it. [00:31:41] Speaker C: But was diesel tuning in, EPA charges Okay? [00:31:47] Speaker D: So it wasn't like, you know, your next door neighbor working in a car. And I haven't had a chance to talk to him yet. I just saw it this morning. But he said people were on his post. He said people were arrested for fixing cars. So the current president signed a car and a truck right to fix bill. So now the president has to say it's okay that you fix your car. So I'm ready to hear it's more diesel and unusual. [00:32:11] Speaker C: They still have never done that for John Deere, right? [00:32:15] Speaker D: What do you mean? Tell me more. [00:32:17] Speaker C: I mean the right to fix, that's a big thing, is you have to go to John Deere to have everything fixed. [00:32:25] Speaker D: That's bull. That sounds like a monopoly. I don't like it. I don't know anything about John Deere. I like the color. So I didn't know that. But yeah, I mean if that's the case, Trump get on it. Sign something about that because that's baloney. We're supposed to be a free country, 250 years worth. So anyway, so as I'm looking for these articles on car stuff, I found a few more that were interesting. Here's one from the end time headlines. My very favorite source. This is from the 11th of June, [00:32:55] Speaker C: Ford and John Deere in April of this year, 99 million class action lawsuit over its strict repair restrictions. [00:33:04] Speaker D: 99 million people. Wait, 99 million people. Oh, I was going to say because 99 million people. $99 million class action lawsuits. That'll hurt your pocketbook. So good. That's a, that's a billion dollars, right? I'm not good with math or numbers, but that's, that's a lot of zeros. So good, good, because I don't like stuff like that. Hope you guys lose over there at John Deere Green. Anyway, so this article on 11 June, Ford and GM want to make it harder for you to fix your own vehicle. So this one Anthony, this is not just like diesel and specialty vehicles. According to a report from GM Authority, President Donald Trump revealed that executives from Ford and General Motors urged him to support a bill limiting Americans ability to repair their own vehicles. The surprising disclosure came during an Oval Office event on June 4 focused on coal fired power plant upgrades where Trump pivoted to discuss a recent meeting with auto industry leaders. The gathering which included representatives from gm, Ford and Penske Corporation Chairman Roger Penske as the one where the automakers advocated for new restrictions. Modern vehicles, advanced electronics software and diagnostic systems have complicated independent repairs. Automakers site security and privacy concerns concern as reasons for controlling access to vehicle data arguing it safeguards owners from potential vulnerabilities. So with what they're putting on new vehicles, what are they hiding? When did my car become just a computer with vulnerabilities and hidden stuff? Independent repair shops and consumer advocates counter that restricted access drives up costs and, and limits competition forcing reliance on dealerships. Dealerships. So you know, if you've had any experiences do you like, do you trust your dealership? So I don't know if you're listening Mike. [00:35:18] Speaker C: Well get that cars are getting significantly more complicated to work on. So like I do understand that part of it but they're saying for data protection why is the car storing all this data? It's one thing that it's complicated but if you're smart enough to able to work on it then good for you. But the, the data collection part is a little worrisome. [00:35:38] Speaker D: And I mean these dealers, the, the independent shops, they spend a lot of money buying diagnostic tools. They, they plug into your onboard dashboard thing and they, they've been able to keep up with the changes so far. So it seems to me like the, this is all tied together. You know they're going to put kill switches and government access into your new vehicles starting in all 2027 vehicles from my understanding then all of a sudden it's going to make there you're not going to be able to get old parts and old cars and now the big auto manufacturers want you to have to go to the dealership and they're going to the government to get that passed. So it sounds like that came out before what Alex is saying where the President said no I'm not going to do that. That's what it seems like so far. I just don't even think we should be talking about this. I think there's something wrong with all this. Another article I have for you from the 17th of June from a publication called the Drive. License plate cameras will soon track phones, wearables, infotainment, and even your pets. So, you know the flock cameras that I've been kind of railing about? Apparently I was not wrong. They are just in the infancy of monitoring, surveilling, tracking, whatever you want to call it. So now they're going to pick up what's going on on your cell phone and your earbuds and. And your dog can't make this up. Your dog's microchip is going to be tracked by flock cameras. That true story. And I don't think this is fake news, but I don't know. [00:37:11] Speaker C: Didn't you say you wish that if there was going to be a world war, something that happened sooner rather than later because you're older and you want to be fresh. So get out there and you go destroy those flock cameras. [00:37:23] Speaker D: Jerry, I have been. I've knocked out three of them this morning. I'm just kidding. I haven't. I'm going to wind up in a. In a walmart. An empty walmart on a train car. No, I. And you know what my theory was when you first came in the office? If it's going to happen, if we're going to fight in the streets, if we're going to go to civil war, if we're going to go into a conflict internally in this country, do it now. So you and your brothers. I wanted to protect you. I wanted. If somebody's got a fight, I wanted it to be me. I mean, you've been in the office eight years. I'm getting too old. [00:37:55] Speaker C: These flat cameras, for me, Junior. It would really mean a lot to me if you would. [00:38:01] Speaker D: Okay, so let me tell you a quick story about flat cameras. If you're one of our listeners in the west valley. And I got to be careful. I mean, this is some serious stuff I'm about to say to you. Do me a favor. When you. On a weekend or whenever you're resting, go up Grand Avenue to 111th Avenue. That's. That's going into youngtown, El mirage area. Go up grand avenue and then go south on 111th Avenue. Start looking to your right, Start looking to your right, and you're going to see something. You're going to start seeing flock cameras on every single street corner. This is brand new to me. Until you get to, like, peoria, you're going to go over a mile, maybe two miles. And every single street, not every mile like we're used to seeing flock cameras. Not every. Every single block has A new flock camera in Youngtown on 111th Avenue. Look to your right. I didn't, I didn't see them on the left side of the street, which would be the what on the east side, but on the west side of the street. So I think I'm going to ask your mom to drive me from grand up to like Olive and I'm going to record. I'm going to, you know, kind of record and count how many flog cameras there are. [00:39:13] Speaker C: I. [00:39:13] Speaker D: It's the creepiest thing I've ever seen. And we did tell you that we've, we've heard that people have seen flock cameras on trails, like hiking trails and that sort of thing. I really don't want flock cameras to be able to, to know as much as that seems like they're going to know about me. But I don't know. And Anthony, I know my job is to worry about everything. My job is to sound alarms. Your job is to not worry about this stuff. But you gotta admit, you've gotta admit it's all going a certain direction. [00:39:41] Speaker C: So I know I'm very concerned now. And that's why I was asking you. [00:39:46] Speaker D: This is the third go around. [00:39:47] Speaker C: Sacrifice yourself because you want me incarcerated [00:39:52] Speaker D: or because you want me to secure your freedom? I'm willing to do both for you, Anthony. I just, I'm kind of cute. I don't really want to go to prison right now. I do. I'll be traded for smokes. I don't want that. Kevin, if you're listening, I apologize. We've got a listener who's very smart, very analytical. Introduce me to the jargon generator. And he's hearing me say things like I'm cute and I don't want to go to prison because I'll be traded for smokes. So yeah, it shows you the caliber of my, my thinking. So let's move on with a little bit more on cars. So here's something from the end time headlines. On 10 June, driverless trucks are here. They're delivering bags of Doritos in Phoenix. I don't know why I'm laughing. I guess I'm laughing because it's inevitable. We can't stop it. It's too late to call your senator or your congressperson. So In Phoenix, a 26,000 pound box truck loaded with Doritos and other Frito Lay products departs a distribution center for a nearby Walmart navigating public roads without a driver at the wheel. PepsiCo is operating 35 such driverless trucks in Arizona with five more in Texas and one in Arkansas. The trucks equipped with cameras, radar and LiDAR LiDAR LIDAR sensors were developed in partnership with with autonomous trucking firm gaetic. Medium and heavy duty models from Isuzu Motors. From the backbone of the operation, PepsiCo began testing with safety drivers in 2022 and launched fully driverless runs in June of 2025. The company reports no accidents on public roads to date. Well, when I see when I'm going to dart right in front of it these operations. Yes, I'm gonna take one team and kind of like in Zombieland, what was it Hostess? Was it Twinkies or Snowballs or. No, it was. The truck had snowballs and Woody Harrelson was pissed because he wanted Twinkies. I want Fritos, not Doritos. So I'll be pissed if it's full of Doritos. Let's see here. Says they are running in multiple markets in a live network, not like some experimental test environment. The company expects to hire fewer drivers overall as the fleet grows, helping address industry wide shortages exacerbated. Exacerbated and rated by regulations and labor constraints. Union groups like the Teamsters have expressed opposition pushing for human operators in commercial deliveries. Well, Teamsters I hope so your job is to represent your union members. So if your union members all don't have a job, we got a problem. [00:42:50] Speaker C: Anthony, I thought they all do have. They've got. Was it Waymo got caught with that that they have someone reviewing all of this. So if there's any issues there's actually some guy in Indonesia or Taiwan watching all these cameras. So the driverless is in true driverless. [00:43:10] Speaker D: Well, if there's nobody in the truck it's kind of driverless. It might be not monitor less but it's certainly driverless. If there's nobody in the car. I don't know. It's so funny because I don't think we have 20 years. Elon Musk said don't bother saving for retirement. We're all going to have universal basic income. Robots are going to take over. Sorry Will Robinson. It's coming at us like a freight train. Let's switch over to msn.com that's pretty mainstream. This is on the 23rd of June. Larry Ellison cuts 21,000 jobs at Oracle as AI replaces human workers. Billionaire Larry Ellison has cut 21,000 jobs at Oracle as bosses claimed AI was increasingly replaced replacing human workers. The software giant had around 141,000 employees at the end of April, down from 162,000 at the same time last year, according to its latest annual report. The adoption and deployment of AI technologies across our operations have resulted and may continue to result in reductions to our workforce, bosses said. In April, thousands of Oracle workers were told they were being sacked immediately and were locked out of their company IT systems. That's nice. Thank you for the two weeks notice. Like I would give you, Oracle, Amazon and Meta are among other tech giants to have cut thousands of jobs this year in what analysts describe as a once in a generation revolution for Silicon Valley as so called AI agents take on office work and coding. So the bad news is Anthony, I'll be gone, but you'll be here. We when you won't have a job. That's what it's looking like. And my dad, when I thought the Internet was going to replace me, he reminded me that advice is equally if not more important than information. That people can be dangerous given too much information. So they need advice, they need help with things. I don't know. This is totally different. This is. I mean I'm not getting help from robots. That's what AI does. I'm getting replaced by robots. But let's go into China for a second. And by the way, we went to what, ID earlier? We'll even go to China to find news for you guys. We love you so this is from the end Time Headlines on 22 June New store in Hong Kong has zero human employees just a single humanoid robot A groundbreaking new pop up store has opened in Hong Kong with no human employees on site, only a single humanoid robot managing operations around the clock. Located in the Hung hom Waterfront, the 24 hour portable store represents a bold step in the integration of artificial intelligence into everyday retail. This store is staffed by Xiao Gai, a five foot six inch humanoid robot developed by Beijing based AI and robotics company Galbot. With an impressive six foot arm span, the robot handles everything from stocking shelves to selecting products and processing customer checkout. Five foot six. Actually Johnny, you got that one right. That is the perfect height for a man. If it was a woman robot, it should be 5 foot 3. So let's see here. The Hong Kong Investment Corporation, which is supporting the initiative, views the project as evidence of AI making tangible inroads into daily life. Xiao Guy is designed not only for efficiency but also engagement. According to Galbot, the robot can initiate friendly conversations and communicate in multiple languages while offering a range of everyday items including snacks and over the counter medications. Plans are already underway for expansion. Galbot intends to deploy an additional 100 similar robot managed stores across 10 cities, signaling confidence in the model's potential to reshape convenience retail. One more thing. While the Hong Kong store aims to blend convenience with curiosity, experts note that such deployments are not without risks. Past incidents involving service robots highlighted potential challenges, from technical glitches to operational missteps in real world environments. So I don't know. So sooner or later, they're going to take away all of our jobs and maybe even kill us. I found that article interesting because it's going to be coming here, too. Elon Musk. What was the company we talked about a few weeks ago? Neo Neo is going to be putting out robots, and I think they're like $6,000 each, and those are going to be coming out in this country. So we will. We will see how that goes. What do you think, Anthony? You ready to be replaced? [00:48:24] Speaker C: Yes. [00:48:27] Speaker D: Do you want me to take out a robot with spray paint or bear spray or a taser or anything? And take that. [00:48:32] Speaker C: Start with fly cameras and then move on to robots. [00:48:36] Speaker D: Now be honest for a second. Like, really be honest with me for a second. Are you concerned about flock cameras or do you think I'm too worried? And you're. Are you really. Are you being funny? [00:48:46] Speaker C: 100%, yeah. [00:48:48] Speaker D: So will you go with me? Will you do the trip with me up 111th Avenue while I videotape those so you can see what I see? Okay, we'll do it after the 4th of July week. I'm gonna. I'm gonna take a little downtime, set off some fireworks in the dry, tenderest grass around. [00:49:02] Speaker C: My car just has a camera attached to it because it also has super technology. And I'll just drive real fast so that way I won't get caught by the cameras or get tickets. [00:49:12] Speaker D: Will you get another speeding ticket? Because I'd love to be there when this. I'm kind of excited that you got a speeding ticket. Years ago when you joined the office, we were driving somewhere and I was like, what? That. How on earth have I had so many speeding tickets? And you've never had one, so. [00:49:28] Speaker C: Because I'm a better driver. We've already. [00:49:30] Speaker D: Because you're lucky. No, you're not a better driver. [00:49:33] Speaker C: That's 100% is lucky. [00:49:35] Speaker D: 100%, yeah, 100%. [00:49:38] Speaker C: There's that, too. [00:49:38] Speaker D: Oh, you're not. No, you're not. I've been driving for like 40 years. I am the best driver. I'm the best driver on the planet. So it's funny watching jay Jay, who's 21, like real, real sure of himself. Jay's talking about he's the best driver in our family. I'm like, you're a knob. That's what you are. You're a nozzle. You're not a good driver. [00:49:59] Speaker C: Nobody gets called knobs anymore. I miss that. That's my favorite. [00:50:04] Speaker D: Well, it's the 4th of July week. It's 250 year anniversary of our country. I think I should be able to say the word knob. I have those freedoms. So I know we're getting close on time today. I'm just telling you we need two hours a day. Matt, Sam has not gotten it done. Can you, in his absence, will you secure a two hour slot every week? [00:50:23] Speaker A: I will listen. I will certainly try and here's my thing, I'll just go ahead and do it and then I'll just ask for forgiveness from Sam when he comes back rather than permission ahead of time on. [00:50:32] Speaker D: Yeah, that's, I like that idea. I like that. So. And thank you everybody for listening and being here with our last show. [00:50:41] Speaker C: Right? [00:50:42] Speaker D: Yep, yep. Sam will can us like nothing. So I know that we're getting close on time. We only have a few more minutes. I'm not going to go into any more articles. I, what I'm going to do is I'll pick out a few of these for next week if, but let me read, let me read just the headline of these banks. This is for the End time headlines. On 14 June, banks prepare for sweeping job cuts as artificial intelligence reshapes the financial sector. Banks, Anthony, that's getting close to our livelihood. Here's one from End Time. [00:51:15] Speaker C: I don't know if computers will ever be able to commit the kind of fraud that Wells Fargo and Chase and all those guys are doing now. How many losses that up their game? [00:51:29] Speaker D: Wow, this is fun today. I'm glad you're in a good mood. So. Yeah, I mean, I didn't even think that direction. I just meant the poor employees that are going to be out of a job and they can't work for Doritos, apparently. Here's another article from the End time headlines. On 14 June, China prepares digital payments platform to challenge the dollar dominance. That's one of the reasons we're going to push the button. Here's one. Hackers just leaked facial recognition records connected to millions of Madison Square Garden visitors. So that takes in AI, that takes in surveillance, that wraps around everything we talk about. Microsoft just launched the world's most powerful supercomputer in Mount Pleasant Wisconsin. So if you're one of our Wisconsin listeners, reach out to us and let us know if you've seen that bad boy. I guess the very strongest computer in the world is in Wisconsin. Here's one I, I probably get to get to this one next week. Americans are turning against AI in growing numbers. Not sure what they're going to do about it. Here's another one. This one is from 11 June Mark Lore Lore's robots make 500 burrito bowls in an hour. A human can only make 45. I read that article. [00:52:46] Speaker C: Humans, step up your game. [00:52:48] Speaker D: Humans, they're, they're knobs. That's all I can tell you about humans. So I, I know we're out of time. Thank you for being with us today. We greatly appreciate it. We hope you have a safe, happy time. Anthony, take us away. [00:53:00] Speaker C: Well, anyways, that's all we got for this week's show. If you like what you heard, you have any questions on the topics, reach out to us [email protected] find us on the web. Anothermoneyshow.com schedule appointments with us right from the website. Oh yeah, give us a call 623-523-0444. That number again is 623-523-0444. Hope you have a happy Fourth of July. We'll see you next Saturday at 5am and noon right here on 960 the Patriot. [00:53:33] Speaker D: But I just got a really good idea. If we tasked each of our listeners with taking out three flock cameras over the 4th of July weekend, how many do we get? [00:53:42] Speaker C: We would take nine cameras. [00:53:48] Speaker B: Thanks for listening to another Money Show. You deserve to work with a private wealth 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 offered through Brookstone Capital 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. Past performance cannot be used as an indicator to determine future results. [00:54:27] Speaker C: Hi, I'm Anthony Crayo, co host of another money show airing on nine cities, the Patriots, Saturdays at noon and partner of Rochford and Associates in Sun City. If you've heard our show, you know it's more news based and how current events could affect your finances versus an hour long infomercial. Well now it's time for that infomercial, but I don't need an hour each week to tell you what I can say in 60 seconds. The key to a happy retirement is income. Income, income, income. Clients with low assets and those with high assets all have one thing in common, a fear of running out. Assets come and go. Income is forever. Self funding pensions is the key to a happy retirement and we can help you do it. Reach out to us at 623-523-0444. That number again is 623-523-0444, or find us on the web at anothermoneyshow.com and let us help you not worry about [00:55:23] Speaker A: your your retirement Registered Investment Advisors and Investment Advisor Representatives act as fiduciaries for all of our investment management clients. We have an obligation to act in the best interests of our clients and to make full disclosures of any conflicts of interest, if any exist. Refer to our firm brochure the ADV2A page 4 for additional information. Any comments regarding safe and secure products and guaranteed income streams, refer only to fixed insurance products. They do not to refer refer in any way to securities or investment advisory products. Fixed insurance and annuity product guarantees are subject to the claims paying ability of the issuing company and are not offered by BWA.

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