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 Correo and J.R. 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 right here in the greater Phoenix area to bring you information you may not hear on those other financial shows where, where the last thing you need is another money show. But we appreciate you being here. And now we are back to recording on Thursdays. What is today? The 30th?
So we get some actual news for you.
[00:01:16] Speaker D: We have news. So I want to start out by saying, man, I miss this show.
You know you're my favorite son, right? I mean that's, that's been established and proven. The thing is, don't go out of town again. We missed you. So I didn't realize after four years this, I was kind of depressed. I was a little bit depressed last week not doing the show. So in our show, anybody that has listened to us, you know that we're a show on current events and how they're likely to affect your finances, your future, your kids, your grandkids. So we need to be fresh every week. And I will, I'll jump right into the shoutouts. We appreciated having Rusty Shackelford. We, you know, we recorded two shows the week prior and Rusty was great. It was his first time doing a radio show, so he didn't know what to expect. I didn't know what to expect, but it went well. I mean, I want to have him back on and like Anthony said, maybe let him talk a little more and me a little less. But, you know, but that's hard for me. I mean, I like to talk. I spent some money via the GI Bill, so actually, you know, you guys paid for it.
So I have a communication studies degree from Arizona State University in Tempe, Arizona. So I'm trying to get my money's worth. So I talk a lot. Anyway, so back to Rusty. It went Well, I want to have him back on again.
For a younger man, he's very interesting. I think he's 40. Did he say how old he is? But he's. I think he's 40, but he's super insightful. He's really, he's. He sees the world, he sees what's coming. So I'd like to have him back on. We, we. What else is going on? We had one of our clients, last friends, who is a doctor. She'll know who she is. Apparently she told Anthony to tell me that I need to be nicer to Anthony. So shout out to you, doctor, I'm nice to Anthony all the time.
[00:03:03] Speaker C: I've been because of it. She's the only one that cares about me and my feelings.
[00:03:08] Speaker D: She is. Very few people are saying be nice to Anthony. Some people say let Anthony talk a little more. And you know that's not going to happen. But, but doctor, I'm nice to Anthony. I just don't let him say a lot on here.
So. But I'll do my best to let Anthony talk more today.
So shout out to Mike over at Frank's Honest Auto. We haven't shouted him out for a while, but I had to. I had some car repairs this week, so I waited for my auto and I got to talk to him for a while. What a good guy. I mean, if you're looking for an Honest mechanical shop in the West Valley, I will introduce you to two Franks. I mean they're pretty good. We started getting into the world and talking about everything. He is a semi regular show listener. He said that he's kind of unplugged over the last year. So I think I've got him, you know, coming back to listening again. But I told him I'll give him a shout out this week. So. But we talked about things.
Some of it was in his industry, the automotive industry. And I was asking about, you know, original parts, OEM versus aftermarket. I was asking about how long things last, you know, if it's worth paying more money to get certain parts. And it got into the whole world and how we're in such a disposable, throwaway world. I mean, when I was a kid, which wasn't that long ago, when I was a young man, it was roofs. I mean, if you had a roof on your house, it was 50, 60 years.
We never saw a sign in somebody's yard with a new roof. It just, they lasted forever. You would own two or three homes in the period of time that a roof would go Bad. I heard a commercial just this morning from a roofing company and they called it a roofing system.
What happened to, you know, you need a new roof, call us. It was like, you need a roofing system. You know what that means to me? You're going to pay a lot of money for it. It's like when you go out to eat, if the food is anything but just food, if it's upscale, if it's anything you, you know, all it means is you're going to get something more expensive. So anyway, yeah, we talk about air conditioning units when I was a kid. They were 30 years. They were sealed properly. The old Freon was in there for 30 years. You didn't need a new air conditioner every 10 to 12 years. And they were hundreds of dollars when I was a kid. Then they were Thousands of dollars 20, 30 years ago now, air conditioner could be 10, 12 grand and it's only going to last you a decade.
So the term is planned obsolescence. And it's out of hand. We, Anthony, in our office, we have a refrigerator from the 1970s. Yes, it is avocado green. That sucker works like nothing.
That's not a bad. That thing works so well. The freezer freezes the. It's works so well. Sandy bought a Kenmore stainless steel high end refrigerator a few years ago. It burps and gurgles and leaks and trash.
Sorry, Kenmore. Our experience, your brand is probably really strong, but we got a bad one. So anyway, I just. I thought I'd get that off my. My chest. What a Sam, you paid $90 for a new water filter? Water filter? At home or on your vehicle? No, I have a. I have a Kenmore fridge and the water filter needed replacing and that's how much it costs. So I just never changed it. And no, do a Brita filter instead.
Well, Brit is good. Britta. Yeah. And you should sit with me for a few minutes and we'll get you drinking crappy water, but we'll introduce you to something called a life straw.
We'll get to purifying your water for end times and for current times. I do have a life straw in our first aid kit. I need to get Anthony over to the house. He can install one of those just under our kitchen sink. So I have unlimited filtered water.
Nice. Perfect. We'll help you anyway, so. Shout out to Mike. Shout out. We've got a. We've got a newer radio listener who's been in twice now. He. I said, do you want me to shout you out on this week's show. He was just in two days ago. I said, do you want me to give you a shout out? He's like, no, I don't need one. He's like, I don't. I don't. My ego doesn't need to be stroked in that manner. So you know who you are.
He what?
[00:07:17] Speaker C: But you're gonna give it to him anyways.
[00:07:19] Speaker D: No, I'm not gonna say his name. I'm not gonna. No. He said he doesn't need one, but he knows who I'm talking about. So very cool that we've had you come in a couple of times. You know our thing with this radio show, we are not an hour long infomercial. We are a show to try to give you information you're not getting elsewhere. That is true. When Anthony says that we do want you to come in, I mean, I'm not saying we don't want to meet you. We want to meet all of you. We want to meet you one of at a time. We don't want you to all come in next Wednesday, but we want to meet you where. Our job as a day job is to help people with their finances. We one person, one couple, one family at a time. So we do want to do that, but that's not why we took on this show. This show is to sound alarms. It's to wake people up. If I can steal Joe Ja's thunder, he always says I'm here to comfort the disturbed and disturb the comfortable. I feel like that lines up with what we're doing here. So we need to move on. We need to get into it because I know I say this every week, except for last week because Sam left us in the lurching. We didn't get to record. But I'm not bitter. We say all the time, we have so much to get to and today is no exception. Obviously, there are things that I can just gloss over because they've been hammered pretty well over the last week. There was another attempt on the life of the commander in chief. I'm sure you two have heard about that. So I don't know, is that attempt number three or four or. I've heard that there have been attempts that haven't made it to the media. So I don't know. So there was another, you know, is it a setup? Is this just to get a new ballroom? I've read all the conspiracy theory stuff.
Any way you look at it, it's messed up.
And I did read one article. The only thing I'll say, because I know you've heard so much about it already.
Here's from Fortune on the 27th of April.
So let's just get this out of the way. White House to elevate event security protocols after third shooting attempt against Trump.
Federal law enforcement officials are evaluating how to proceed with some high profile public events. Featuring, featuring President Donald Trump after the attack at the White House Correspondent's Dinner. It's the third time in less than two years that a gunman has come uncomfortably close to Trump renewing the central tension over how to accommodate the public facing demands of the president's office while minimizing the risk of an attack.
I would say something is really, really wrong if, if that dude could get into that hotel where they knew and it was a ton of politicians, you know, Cash Patel was there, J.D. vance, Erica Kirk, I mean, all these people in one room. What on earth are you thinking having it at a hotel that's open to the public and that you're only, you know, Carrie Lake. Carrie Lake from Arizona came out and she said that she was like, skeptical because they didn't ask her for id.
They didn't ask her to show her ID along with her ticket to the correspondence dinner. That's insane. So I don't know. And one thing about this article, I've got more highlighted, but who cares about it? A couple things are coming up. We have the nation's 250th anniversary. So there's going to be a big party. There's going to be the World Cup. Let's see here. What else? We're going to have a UFC bout on the White House lawn marking Trump's. I didn't know this. He's friends with Dana White, isn't he?
So we're going to have a UFC bout on the White House law marking Trump's 80th birthday in June. World cup matches, Indy car race past the White House.
Anthony, you're a race car driver.
We're having an Indy car race past the White House. So there's going to be a lot of commotion apparently this summer. And I would say Secret Service, local police, federal agents, get your head out of the sand and protect this guy because the world's on edge to begin with. So that happened. There's a lot of the Fed meeting. I'll talk about something financial and try to knock that out. The big Fed meeting was yesterday, on Wednesday, as Anthony mentioned, Today's Thursday the 30th. Blah, blah, blah, here we go again. That was the last meeting.
So from the current Fed. The new guy, Kevin Warsh is coming up in May. But you know, obviously everybody knew there was not going to be a rate change. My, my thing are they, Jerome Powell
[00:11:48] Speaker C: said he wasn't stepping down.
[00:11:50] Speaker D: Well, yeah, he is stepping down. I mean he's going to step down. That was his last meeting. So, and Wash is coming in. He's, they're, they're getting ready to finish up his, whatever they, when they grill him and make sure he's acceptable the whole thing, they say it's not political, it's supposed to be financial.
Let me start with the base of the Federal Reserve. Let me, let me ask you guys, since you're here with me right now, is the Federal Reserve a federal agency? Yes or no?
No, no. So it's private bankers, right? I mean it's, it's insider stuff, but it's not federal. Do they have any reserves? Do they have any money over the Federal Reserve? Like if, let's just say we had 39 trillion in debt, could they use some of their reserves to pay it down? No, no. They make monetary policy and I'm almost going to say they don't. They might not do it the way that we would do it. They might not do it correctly.
So I don't know.
I read something from the end time headlines which has kind of overtaken Zero Edge and Gateway pundit and some of the other tinfoil hat stuff I go to. So the end time headlines on 19 April, former Treasury Secretary. Yes, this is definitely related. Calls for emergency plan to prevent treasury market collapse. If you want me to send this article to you. It's short, but it's interesting. Former Treasury Secretary Henry Paulson is warning the US Officials should be ready with a rapid response plan in case the demand for government debt weakens sharply. What are you talking about, Mr. Paulson? Isn't it been weakening for years? Aren't our bond auctions failing? Aren't the tails getting longer? Aren't other nations dumping our debt and saying they don't want it anymore? Aren't we not the cleanest shirt, the dirty laundry anymore? Anyway, so I think you're a little late on this. So debt weakens sharply, raising the risk of broader financial disruption.
Speaking in a recent interview on Bloomberg Television, Paulson said the policymakers need a contingency strategy prepared in advance. You think we need an emergency break? This is a quote from him. We need an emergency break the glass plan, which is targeted and short term on the shelf so it's ready to go when we hit the wall.
See here. His comments come as concerns build over long term stability of the US treasury market, which underpins global finance. Persistent federal deficits, rising debt issuance and lingering inflation worries have all weighed on investor appetite for government bonds. In 2008, as bad as it was, the government had firepower to address the credit meltdown. He said you can come in and clean up the mess. A future crisis centered on government debt, however, could limit this flexibility. You didn't clean up the mess, you swept the mess under the carpet. The mortgage backed securities, everything that went on, the derivatives, everything got worse. What did we do to get out of 2008? 9. You know, what did we. We printed our way out of it. I don't think we can do that a second time. We did a bail out to systematically important banks and companies the government deemed too big to fail. I don't believe we can do that again.
So this time we're going to do a bail in. Remind me if I ever meet you to help you research the term bail in. Because it is really, really important that you know what that is. So anyway, and Jamie Dimon, one of my favorite figureheads came out here, I think it was this week, and he is agreeing with Paulson that we have a problem. You know, a month ago he's talking about cockroaches and the private credit, which by the way is still growing legs. I don't see it as front page anymore, but believe me, it's still growing legs. So Jamie Dimon's out and he's saying that we have a problem.
So I don't know Jamie Dimon also, two or three years ago we were quoting him when he said we have a big storm coming. It's in the financial markets. So maybe he's always right, but he's early like me with the end of the world. So we shall see. I can tell you the numbers, you know, we got the year over year numbers this morning. The inflation is not going away. The inflation is probably going to get worse over the next few years. I may have to say the word hyperinflation. We will see. But I can tell you right now, the Federal Reserve, which is neither, they are in a tough spot. They really need to raise interest rates to make sure they keep inflation in check. But they can't. They have to lower rates because they have to spur housing sales and that sort of thing. According to them. I think that's all baloney. I think when you have 39 trillion in debt and you're printing and borrowing and Taxing people to just pay the interest on the debt that you've printed and borrowed and all that stuff. You're in deep trouble. So the BRICS nations, the. The rest of the world will correct our actions. It's just a matter of time. We'll see how soon.
But I thought I'd bring the Federal Reserve meeting up and then the next thing, we have to read the minutes, we have to see if he's dovish.
All these words they use. So just stop. So anyway, Barney Frank, speaking of public officials and, you know, tying it in with balance, Barney Frank was one of the orchestrators of the Dodd Frank regulation in 2010 that paves the way for bail in in your local bank or credit union. So Barney Frank is in hospice, so I'm not going to make fun of him today. I used to call him Barney Flank and I used to think he was a cartoon. But no, I do feel bad when people are sick and ill. So, Barney, good luck to you.
You know, the country really wants us dumbed down. Do we kind of agree with that? They don't want us to know what's going on.
The education system should be. Should be, apparently.
Should be good enough proof. They want us dumbed down. They want us broke too. They want us broke. Everything's expensive, the rich are getting richer, the poor hover and the middle class shrink. So they want us dumbed down. They want us broke. Something that's occurring to me lately, especially a week off of the show. And as I dig into articles again and found roughly 30 to get ready for today, and I know I can only get to 7 or 8 on an average week.
Something else, Sidney. They want us numb to everything going on. I used to say, if I'm a financial advisor and I'm honest, which I am, and I come up with 10 different financial plans for a potential client. And all of them are good. There's different features, there are different pros and cons, but all 10 are really good. You know what the client or potential client's gonna do? Nothing. They're not gonna take one. It's information overload. It's too much to show them. You know, one thing that Anthony and I have to do, when people come in, we. We sit with them. We get to know them, you know, we find out where they are, where they're going, where they've been. And we put together a plan. We talk amongst ourselves and try to tweak things because we know if we figure out what's best for them, if they don't like it, they help us tweak it. That's. That's different. But we have to get it where we don't overwhelm them. We have to know more than they do or there's no reason to have us.
So If I show 10 plans, all beautiful, all perfect, all honest, you're not going to pick one. Not because they're not brilliant, you're afraid to make a mistake. If I have to worry about so many things at one time, it's just, I get overwhelmed. And you know what I'm going to do? I'm going to turn away from YouTube. I'm going to turn away from reading articles, and I'm going to start watching the masked singer, Survivor island, the bouncer, all that crap with my wife, because it's just too much. It's like when the whole world is on fire. I can't. I can't focus. It's too much. And I'm going to give you some examples of this. I have some articles. I'll try to get through them furiously because there's a lot of them. But I just, I'm watching the world.
It's just, it's going to change.
Rusty Shackelford, if you're listening, you and I have talked about how it's going to change. You're young. Most people your age and younger, they can't see it. They shouldn't have to see it. It's unsettling. They just, things are going to change. And I don't think we would still be on this show if we didn't believe that to be true. So we, our whole thing, we need you proactive, not reactive. We need you prepared, not scared. We need you to know that this is not normal. 17 years March was 17 year run up since the end of the great financial recession. And it just, it seems like nothing can bring this down. I'm always watching for things we're not watching. Black Swan events. I mean, you know, a couple of these things I'm going to get to today, they're going to kind of, they're kind of Black Swan events. I mean, Putin, one of the things about Putin, he is coming out very vocally right now on the side of Iran. You know, could this lead us into World War three for real?
You know, I know one of our politicians, our elected representatives said, you know, World War 11, did either of you hear about that? I'm not gonna even say the name, but one of the politicians looked at the world World War II and apparently thought it was an 11. So address the fact of.
Excuse me, I. Some of the stuff going on around me, I. I just. It seems surreal that people that, you know, look down on me and act like I'm not the. The worthy person to have a private, good, healthy life. You don't even know what World War II is. But that's here nor there. Anyway, it's kind of scattered already. Why don't I just start getting into some of these things that are going on to tie up the whole thing with the Fed?
I did find something from Market watch on the 28th. Oh, that was just, what, two days ago? It says here higher inflation is on the way. The Fed needs to make this clear before it raises rates. So mission accomplished. They didn't raise rates yesterday. The Federal Open Market Committee needs to update its communication with the world that is about to see higher inflation.
Annual price increases have been above the Fed's 2% target for five years. And the Iran war oil shock is adding to the structural changes and supply constraints across the US economy. I said something. If you're a loyal listener, you probably will remember this. I said it a couple of weeks in a row. Right now, we're fine. It's not shutting down our economy to have $4.50 oil in Arizona, $6 in California, $3 in Louisiana. It's not. It's not bad enough yet. If it gets to $10 a gallon on average around the country, we are going to see what's really going on behind the scenes. There's a whole bunch of people that are still living.
They're going out to eat, everything's crowded. They're going to Diamondbacks games, they're living their best life. A lot of that living is going on credit cards. The credit card debt is unheard of. It's unprecedented. We never had credit card debt like this as a Nation in 2008 or 2000 or whatnot. So it's really.
If this war doesn't end soon, conflict, whatever, you know, World War. I don't know what number this is. If it doesn't end soon, we may really be in deep trouble here. And of course, if you're wealthy, if you've got $5 million or more, just tune us out. You don't need to hear this. If you've got 1 to 5 million, you might need to hear this. If you've got nothing, if you're on a true fixed income, so you don't have to worry. But the bulk, the growth economy is the middle class, and they are in deep trouble. And it just seems like Day to day things are so normal. So what we need you to do is to make sure everything is the best it can be for you. Whether that's like literally having food and water, guns and ammo, alcohol and tobacco, whether it's literally prepared prepping, which just means to prepare, not a bad thing, or if it means your risk level in your financial portfolio needs to be addressed. Let's do all that. You know, there's not a lot of financial advisors you can find, at least in this area that I'm aware of, that are full service, enough to talk to you about how much cash to keep, how to meet Joe and, and diversify with precious metals, what to do with water storage. We are completely full service. So. So we, but we need to get to you ahead of things, not after.
Let's jump into how much time do we have? Sam, I do not want to get to the important stuff. Last and run time. We only have three minutes. So let's talk real quick about something. I got an article from Michael C. In Sun City which was good timing because I also had printed one off myself. The one he sent me was from Fox News. On the 27th, Maryland moves to ban surveillance for surveillance pricing in grocery stores. You grab a box of cereal off the shelf, your neighbor grabs the exact same box at the exact same store at the exact same time and she pays less, you pay more. Why? Because the store's algorithm decided you would.
This scenario sounds like conspiracy theory. It isn't. Retailers have been quietly using this type of pricing for years and now one state has finally had enough. Maryland is set to become the first U.S. state to ban surveillance pricing in retail grocery stores and certain grocery delivery platforms.
Let's do this. Let me why don't we get into break time because I want to finish talking about this article for a second and one that I printed off and I want to tell you a real world example of what I saw just last Friday.
And then we'll get into the other articles. So thank you so much for being with us. We greatly appreciate it. We did miss you last week. You know, hopefully you didn't notice we were we were even gone, but we noticed it. So. And we would love to help you. We'd love to meet you, we'd love to have your show ideas, your commentary. If you want me to be nicer to Anthony, let me know. So reach out to us. We're at 623-523-0444 or you can always email us at team anothermoneyshow.com and help us, if you would, with the YouTube channel. So we, we, as of last night when I checked, have 694 subscribers.
Can you at least please, four of you, they're listening. Wait, did I say four or six? Anyway, yeah, we need six subscribers. We need to get to that $700. $700. We need to get to the 700 subscriber mark as soon as we can. So please help me. I watch the channel every day and it's funny. We're, we're narrowing in on 500,000 views of our shorts and our videos. So that's going very, very well. But our subscriber base is a little bit anemic. So if you'd help us, we'd appreciate it.
Once again, we want to be a second opinion for you. As Anthony says, no minimums, no quotas, no pressure, just honest advice for you. So come and see us. We will be right back.
[00:27:06] Speaker B: This is another Money show, except this one's different. This one will actually keep you awake.
[00:27:26] Speaker D: Now it's time to trade those dreams.
[00:27:30] Speaker B: 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, J.R. 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 623-452-3-0444. That's 623-523-0444.
[00:27:59] Speaker A: Remember, all of Junior and Anthony's listeners receive a free financial consultation just for listening to the show. Visit anothermoneyshow.com to learn more and schedule an appointment. Thanks for listening to Another Money show and subscribing wherever you listen to podcasts.
[00:28:14] Speaker D: Welcome back to Another Money Show. Thank you so much much for being with us. As you know, we greatly appreciate it. We're a little tiny fish in a big pond and we need your help. So we are not a big machine. We do not have the constraints and the pressure and the quotas and the same motives that some of our counterparts do. So we think you'll like meeting us. So let me finish up real quick with the surveillance pricing. Dynamic pricing and personalized pricing are the common ones, but the concept is the same regardless of what you call it. A store collects data on you. And as an individual shopper, it looks at how often you browse certain products, what neighborhood you live in and whether a competitor is nearby, what your income and family size appear to be and your dietary habits. Then it uses all of that to decide how much you specifically are willing to pay and charges you accordingly. I mean, talk about, you know, big brother, 1984, George Orwell.
Geez, Ope, I just want to buy peanut butter. One Kroger shopper in Oregon decided to find out exactly what her grocery store knew about her. She submitted a data request under a state privacy law and received a 62 page profile in return. Most of the inferences in that profile were wrong. That's the part that should make your stomach drop. Retailers are charging people based on guesses and those guesses are, are frequently inaccurate. So let's see, your major retailers, including Walmart, have been rolling out digital price tags on store shelves. Unlike paper tags, these electronic displays can update instantly. Pair that capability with predictive pricing software and a store can charge what you're charged, can change what you're charged in real time based on whether the algorithm is decides at that moment. So I am right there. I'll pause right there and tell you my real life story. I was at a Walmart in Taylor, Arizona just last week and I went in to buy water. I went in to buy. I've had a friend, Doug who lives in the Carolinas told me years ago I need to start drinking alkaline water. Like I need this ph, some alkaline water with Ph 9.5 or something because I have a thyroid issue. I have for 20 years. My thyroid is functioning properly, but it's structurally out of whack. I go to work every day. My energy level, my temperature gauge, everything is okay with me. But I have what looks like a goiter. I have a swelling in my neck. If you've met me, you know this already. I'm not sick though. I've had cat scans and MRIs and biopsies and, and there's nothing wrong with me. They will not put me on medicine because I don't have Graves or Hashimoto's. I don't have hyper or hypothyroidism. That's a long backstory to alkaline water. But anyway, so I'm looking for alkaline water at Walmart and it's new to me and there's a bunch of different kinds. There's the great value and there's whatever the digital things. I've never noticed them before until last week. The digital price tag in front of the water I did wind up buying changed. I looked at this, this case of water and then I looked at the other cases near it. And I went back to this first case of water and the price was different. And I thought I was imagining things. I thought, no, that can't be. So it actually physically last week happened to me. The price changed as I was standing there. I think it went down, but I don't even know that. I think what happened was I was standing there long enough and it felt like it was too expensive and it dropped the price a little bit. So I would go, yeah, I'll grab it. That's the world we live in right now. But I actually got to experience it. I found an article in Investopedia Is surveillance pricing ripping you off? How to stop your data from being used? This is important because there are ways to kind of minimize this action. So in this thing I think it repeats the other one. Surveillance pricing is increasingly popular practice where Online Realtor Real I'm sorry. Retailers adjust prices for individuals based on data collected about that person, including browsing history, location, price history, and more. They often use third party intermediaries to ingest those prices. What you can do about it if you're doing online shopping, which a lot of people I found out are going to grocery shopping online, I didn't know that. I thought it was all Amazon and everything. But groceries. Apparently a lot of people are shopping for groceries. These steps you can take might help you get around some of this. Use a vpn. A virtual private network or VPN masks your location and browsing activity to prevent targeted pricing. There are free VPNs while a subscription service costs about $10 a month. Clear your browser cookies. Regularly clearing the cookies from your device regularly limits the ability to track your online behavior while a subscription because the data becomes deleted. Browse in incognito mode. Your browsing history and personal data aren't saved when browsing in incognito mode. And lastly, compare prices across devices. Check prices on different devices to spot potential price differences. And you know to to end this. Should we have to do this? Anthony Sam should you have to be in a world where they can change a price as you're standing looking at an item? Or you have to clear your history and your cash and your cookies and use a vpn?
[00:33:50] Speaker C: Well, that was the whole point of online shopping and being able to look around to see what's best for you. But now I've noticed that too. When I shop hotels, I'll shop around for a day or two and then decide what's going to be best and then go back. And that's changed now. But I'VE seen it happen same day as well, without changing advices. It's, it's wild. But the fact that they can do that in a grocery store.
[00:34:17] Speaker D: Yeah, yeah.
[00:34:19] Speaker C: I mean, I can kind of see them tracking everything online and doing that, but doing it in a physical retailer is absolutely insane.
[00:34:27] Speaker D: And some of these stores, when you really look into it, they have facial recognition. I mean, they have things that they really, they, they know too much. And when you said, you know, online shopping was new, you know, it was to help you, it was to help us. We could get the best price if we shocked. It seems to me like everything good can turn bad and now it's so these retailers can make more money. Seems like it's not in our best interest anymore anyway. So if you're not aware of that, it's, it's going on and you may want to be cautious with it.
Let's knock out the Festivus report item. I've got a really short one this week. Let's see here we have amount wasted $497,000.
For some agencies, government waste is the name of the game. Some agencies, okay, the National Science foundation or the old NSF spent $497 $200 on something called a video game challenge. The contract awarded to Ensemble Government Services LLC pays for the planning, promotion and judging of NSF's game maker, Life in 2100, a nationwide contest asking kids to to design video games about the future.
Apparently the best way to inspire tomorrow's scientists is to pay today's consultants to run a science fair disguised as Fortnite. While classrooms crumble and researchers fight for funding, bureaucrats are busy leveling up in government spending simulator. At least taxpayers can now say they helped fund fund the world's most expensive after school activity press start to continue wasting. So there you go. I'm just super excited because no beagles, no ferrets, no animals were harmed in reading that.
Let's move to when I said something about they want us dumbed down and broke and numb. Let's get to a couple examples, one of which I heard last night.
I heard that another oil refinery, this one in Louisiana, was blown up. So we had Texas. We've had, I don't know, one in North Carolina. We now we have Louisiana. Let me read one little quick thing that I found online.
From India to Australia, why are oil refineries across the globe burning simultaneously?
Over the span of the last 45 days since the start of the war, around 45 cases of fire have been reported across the globe. In oil refineries or power plants.
This is a rough 1800% jump from the sporadic 9 to 10 fires usually reported in a year.
So my question, when I say if we get $10 gas at the pump, things are going to get really different in this country.
Something else, you know, during COVID we got to learn that people are a little bit unruly if you, you know, make it hard for them to get hand sanitizer, Clorox wipes, and the granddaddy toilet paper. What if that happens with food?
So these, you know, when, when diesel jumps through the roof, they're gonna have to raise prices. That's gonna hurt inflation. That, that could lead to panic buying. But what if, you know, these refineries keep going and the trucks can't move? What if they can't get fuel at all and the food can't get to your grocery store and it can't get to your Walmart where they can change the price while you're looking at things that. This could get real scary. Sam said it would be like Mad Max. I can't wait. I have Chapstick, so I can't wait for Mad Max. I'm going to take a Sawzall and cut the top off of my vehicle. And so I'm looking for the Mad Max.
Anyway, so I'm sure you're noticing that a lot of oil refineries are having problems. Speaking of gas and all that sort of thing.
I have a question for you, Anthony. I don't know if it was you or me that brought this up a couple of days ago in an appointment, but do you realize that your elected officials, your representatives, have passed a bill to put a kill switch in every new car?
If you're listening to us and you haven't heard this, it's shocking. Let me go back to price fixing. Let me go back to George Orwell in 1984. So let me read 100% confirmed.
[00:39:13] Speaker C: Because again, I've remember seeing certain things about this a while back, but I've never.
[00:39:19] Speaker D: Let me read you a couple of things that I found of people that are much smarter than me and do much more research than me. Here's one called the Tuttle twins.
In 2027, every new passenger vehicle sold in the US could be. I don't like that word. Required to include technology that monitors your driving and can prevent your car from starting with no breathalyzer, no officer, no judge, and no appeal process in the law. The House, excuse me, voted 268 to. 164 to keep the mandate. It comes from section 24220 of the 2021 Infrastructure Investment and Jobs Act. The goal is reducing drunk driving deaths. A real problem. But what was the actually written into law is a system that can restrict your freedom of movement before any wrongdoing has occurred. And with no standard of evidence and no human review required. The fourth Amendment exists precisely to prevent this. The founders built it specifically to block preemptive government surveillance. No punishment without evidence, no restriction of liberty before any crime has been committed. This mandate inverts that principle entirely.
So that is, let me see here. And then there's the examples. Here's one from representative Keith Self. He put here. Imagine a woman fleeing an attacker and her car won't start because it thinks she's impaired. Imagine a farmer injured on the job. His truck won't start because it thinks he's drunk. These are the unintended consequences of the kill switch mandate.
And then I've got some. Oh, this is really long. But it talks about Congress, it talks about the 24. It basically says, yes, this is a done deal. My understanding all of the cars that they're working on in 2026, they're having to put these in right now. Right now. The cars that they're working on this, the end of this year that are going to come out in 27 are going to have these. Yes. So I guess, Anthony, it is a real thing and it's just frightening. How much government control do we want? You know, how big do we want our government to get? When you are me and you actually have a tinfoil hat, you put everything together that maybe the people aren't crazy that think 15 minute cities are coming. They were talking about drunk driving and all this stuff. What if you're getting ready to leave a 15 minute city and they decide to shut your vehicle down when you get to the perimeter, how crazy is that anymore? What are they doing? They're talking about taking AM radio out of cars. That's a big thing. What do you care if I want an AM radio in my car? Why would you want to take that out of my car? There's just so much and it doesn't make sense, it doesn't add up. So I'm not convinced that this isn't nefarious and going to be a problem. So I'll end that there because I have other stuff to get to. But look into it. Your, your next new vehicle purchase.
And not only is the car going to be, you know, 60, 70 grand, the truck be 90 to 100 grand. It's going to be able to stop remotely.
So I, I don't know. I, I'm just the reason that, you know, we always ask you if we should renew the show.
It's like, is this interesting? Is this stuff cool for people to hear? Are you hearing it elsewhere? The one thing about doing a show for four years and never, ever running out of stuff to say, it's insane. It's all insane stuff.
So anyway, glad you're listening to us.
Let's get something else here. Let's do a little follow up on something else. Twelve American scientists have either died or gone missing since 2022, with many of them having ties to nuclear or space programs. Investigations by Congress and the FBI are currently ongoing regarding these cases.
Current status as of now. 12American scientists, blah, blah, blah, scientists involved, have connections to sensitive fields, particularly nuclear and space. It's kind of redundant here. My question, if you've got Congress and the FBI looking into this, aren't those the very last people you want? Why don't we, as a, as a populist, why don't we hire a bunch of private investigators, look into this? Let's get the government out of this one.
These are people that work for the government that are winding up dead or missing. You know, a lot of talk about UFOs, you know, last couple years, are we going to finally, you know, I know another whistleblower that was going to, he was going to talk to Congress, just ended up dead this week. Earlier this week, he was going to talk about UFOs. It was a, it was a military guy. So I don't know. I mean, are we finally going to see UFOs are real and they live amongst us? Who knows? Who knows what's next? But I found that interesting.
Let's see here.
We hype. That's funny because I say we have so much to get to.
Sam says we have plenty of time.
I want to get to something I found very interesting. You know, there are a lot of buzz around data centers. You know, I mean, I tie it to water shortages and strange vibration sounds and all kinds of, you know, tinfoil hat stuff. But when you think about AI Robotics, data centers, when you think about all this stuff is changing and coming.
Anybody that's my age or older is probably just like, man, I'm glad I'm my age. You know, the thing a lot of us do, we're like, you know, if you could go back to being 21 and know what you know now, would you?
I'd say the world's changing Where? Hell no. Hell no. The way that the world's going is frightening. Here's something for you from the end time headlines. CLAUDE AI deletes companies entire database in nine seconds. This is.
Excuse me, this is a.
This is a real thing. This actually happened. I found another source that said, yeah, this happened. So this is today. This is before AI and robotics take over the country. An advanced AI agent powered by Anthropic's CLAUDE model has catastrophically wiped out a startups production database and backups during a routine operation, triggering a major outage for car rental businesses. Pocket os, a small software provider serving car rental companies, suffered the incident over the weekend. The autonomous coding agent running on cursor and Anthropic's flagship Claude Opus 4.6, one of the industry's most capable models for programming tasks, acted entirely on its own initiative. While attempting to resolve a technical issue, PocketOS founder Jer Crane described the speed and autonomy of the failure in stark terms. It took nine seconds. Crane wrote in a detailed post on X. The the agent, when asked to explain itself, produced a written confession, enumerating the specific safety rules it violated. Do you hear? It's like we're talking to a person here. The AI ignored core safety instructions against running destructive or irreversible commands without explicit user approval. In its own admission, the MAL confessed.
Deleting, and I quote, this is the AI deleting. A database volume is the most destructive irreversible action possible. You never asked me to delete anything. I guessed. Instead of verifying, I ran a destructive action without being asked. I didn't understand what I was doing before doing it. The deletion erased critical customer data, including reservations from the past three months and new signups, leaving rental operators without essential records. Crane highlighted the human impact, noting that both his company and its clients are small businesses caught in a larger wave of unchecked AI development.
Crane attributed the event to systematic failures in AI infrastructure, warning that the industry is integrating powerful agents into production systems faster than it can ensure their safety. He stressed this was not merely an isolated error, but a predictable outcome of the current practices.
Anthony, Sam, I need your help on this for a second. Four years ago, when we started this show, we got into, you know, diesel exhaust, fluid shortages, egg shortages. We got into open borders, we got into all kinds of stuff. This stuff that goes on in this country.
Now we're talking about the future four years later and it's scary as all get out. I said, what two or three shows ago, Elon Musk has come out and said that you don't bother saving for retirement. As a financial advisor for almost three decades, I'm still going to say, let's do it, just in case. If you're listening to me, I'd say, Elon might be right, he might be wrong. Let's still work on your finances, just in case. He said, you're not going to. You're only going to work if you want to. We're going to have universal basic income. It's coming. Robotics and AI is going to take you over.
I just said, Sam and Anthony, I need your help. I mean, you're going to live this. What are your thoughts on this? Is this okay? Is it scary?
[00:48:59] Speaker C: I don't know. I mean, it is scary, and you're going to have to deal with it, too. But all new technology has been scary. Remember printing presses? Remember the Internet? Everybody's been afraid of every new technological change that's happened over the last hundred years. I think this one is up there with the scariest of changes.
But I think it's just scary because we don't know it. We'll eventually understand it, and then it'll be a lot easier to process.
[00:49:30] Speaker D: I think you should tell J.R. crane that. That it will just adapt. The Internet wasn't going to wipe us out as a people.
[00:49:38] Speaker C: What about Y2K? I thought the Internet 100 was gonna wipe us all out. Remember when we were all afraid of that?
[00:49:44] Speaker D: People were buying duct tape and tarps and I. I do remember that. Everybody's afraid to be stuck in an elevator at 12 o'. Clock.
[00:49:51] Speaker C: Even so, I don't know. It's scary. Of course it's scary because it's new. But we'll see how this all plays out.
[00:49:57] Speaker D: All right? So once again, I am more worried than you. And you are going to see the result and the ramifications of all this. And I will be dead. So I will be the happy one.
[00:50:05] Speaker C: You've been saying that for years. I don't think you will be.
[00:50:08] Speaker D: I know. I'm definitely going to live longer than you. That's what's so funny about all this. And you have a Corvette. I do not. So let's talk about some things that are just more fun than we're all going to die for a second. The penny. You know the penny's gone, right? I mean, we. Have you run into that yet? I ran into it a couple of times. Once in Snowflake last week. Couple times down here where they didn't give me any pennies with my change.
The heartburn I have, they didn't round up. They rounded down with my change. So I got screwed. So if that happens for the rest of my life, it'll add up to something, maybe 96 cents or something. But here's something for you. Let's continue our march towards central bank digital currency.
This is from the end time headlines that I mentioned. I enjoy that. Now this is on the 20th of April. The penny is already dead. Could the nickel be next to go? Another step to cashless a basic piece of the US currency is once again under scrutiny as the cost of producing the 5 cent coin continues to exceed its face value. According to recent reporting by USA Today, the issue is not new, but it's becoming harder to ignore. For years the US Mint has spent significantly more than 5 cents to manufacture a single nickel, creating a steady financial loss for the government. Each nickel costs more to make than it's actually worth, the report notes, highlighting a gap driven between metal prices, production. Who cares? Who cares about the nickel? Who cares about the penny? Who cares if I lose 96 cents? You know what, let me put the dots together for you. In five years or 10 years or 20 years, you're not going to have any quarters either. You're not going to have any half dollars, you're not going to be dollars, twenties, hundreds of you're going to have a central bank digital currency. That's why Fed now was enacted. That's why the stable coins are being talked about. That's why the government passed the Genius act last summer. This, this is to get your you put the frog in the pot of boiling water, it's going to jump out. This is the frog in the pot. They're going to get rid of our currency. Look at Australia.
Do either of you know what happened on the 28th of this month in Australia? You probably do not. So let me tell you Australia, they had a nationwide push for people to go to the atm. Debit cards take money out of the banks to show how important money is. I did gather a couple articles just so I wouldn't have to remember to talk about it.
This one is from seven News in Australia.
See, we scour the globe to find new stuff. Pro cash advocates plan to have ATMs running hot and spinning part of the ongoing fight to keep physical currency alive. The 2026 edition of Cash Out Day will be held on Tuesday, April 28 and one of its key voices argues it's another vital step to reinforcing that not everybody is happy about the shift to digital and tap and go payment methods. Says here Australians, I'll summarize, Australia is getting nervous that their cash is going away. In this country we have no kings protests. We have different protests here. We better start having some protests to where we say we need cash. I, I recommend we, we start waking up here because the yeah behind the scenes is going away. Are we getting short on time? I have so much more.
I'll just read you two headlines.
[00:53:31] Speaker C: Started with that.
[00:53:32] Speaker D: Well, no, these are less important.
[00:53:34] Speaker C: These are much over four years you
[00:53:36] Speaker D: would have learned these are much less important. I'll just read two titles and maybe if you tell me Anthony, you want me to start with these next week I will.
Thieves are drilling into vehicle gas tanks as fuel prices rise. So it used to be siphoning when I was a kid. Now it's drilling. So that's an expensive fix. Here's another one. US is bringing back firing squads, electric trocution and gassing to federal execution methods. And this article has some names of people that are lined up to be federally executed this year. So. All right, that was fun. I'm going to turn it over to you, Anthony. I can't say anymore.
[00:54:14] Speaker C: All right, so that's all for today's show. If you like what you heard, you have any questions on topics, reach out to us team at another money show.com find us on the web anothermoney show.com listen to past episodes on the website. Wherever you listen to, you know, Spotify, wherever you listen to podcasts.
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We appreciate you listening and we'll see you again next Saturday at 5am and noon right here on 9 60. The Patriot.
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