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 income, reduce their tax risk, and reach financial freedom. So let's start the show. Here are your hosts, Anthony Correo and J.R. ratchford.
[00:00:42] Speaker A: Here we are, J.R. rochford and the one and only Sam Davis. Anthony is not with us. Anthony is actually not skiing, snowboarding in Utah. So you're going to have Sam and me for the next hour. Hopefully we won't let him down. I mean, but, you know, does. Does Anthony listen to the show? So I'm not sure if we'll let him down because he'll probably never hear this so we can talk smack about him. So welcome to another Money show. This, this is a little different. If you're new here, we like to say that we're a show about current events and how they may affect your future, your finances, and your life. So we want you proactive, not reactive, and we want you prepared, not scared. So thank you for being here. It is almost Christmas as you hear this. It'll be about, what, the 21st, 22nd of December. So hopefully you're ready. It's nice around my house for me because I have to shop for Sandy and then Sandy shops for Anthony and Jay and our cousins. And so Sandy does all the work. I just show up and look pretty and make sure I have a nice gift for Sandy. Last year, the vacuum did not go over well, so I learned that lesson. So this year there will be no vacuum. So I hope everybody has a wonderful Christmas.
This episode is going to be a little bit of a balancing act because you're going to hear this the week that we record. We're actually recording this on Tuesday the 17th. So a little bit early, I want to address the drone situation. But heck, by the time you hear this, it might be cleared up. But we're going to get into some current events and if we have enough time, we're going to talk a little bit about financial matters. You know, Sam and I were talking before we started today. We had a little time to chat. And a lot of our show, you know, we talk about current events and how they're going to affect your future. What we, we don't do a great job on, on saying to you a lot of what we talk about you can't control. I mean, you know, drones. What if you're here in Arizona, if you're in Sun City and you're listening to us, what can you do about drones? I mean, obviously if they go over your house, hopefully you're going to shoot them down with your Red Ryder BB gun. But what can you do about them? You know, the brics, we talk about the brics. Nations are trying to de dollarize this country. What can you do about it? So, you know, our whole thing, we want to help one person, one couple, one family at a time. We want to help you change your situation. We want you more weatherproof to what's coming our way. So that's our end mission. You know, I, I get so excited every week. I gather articles. I, I probably spend 10 hours a week gathering articles, reading articles, watching videos. I put together an outline for the show. It. I'm sure, I'm sure it doesn't sound like it at all, but there's work that goes into the show. The, the biggest amount of work. Glad Sam's with me behind the scenes because Anthony and I show up every week and we, you know, I do my preparation and then I just give it to you. I package 10 hours worth of me researching stuff into one hour a week. But we have nothing to do with the YouTube channel. That's Sam, that's Shelby. We have nothing to do with producing the show. You know, Sam makes us look professional. I actually reached out to Sam, I believe it was by text this week, and thanked him because the end of last week's show, my dog started barking. I was talking over Anthony. It was a chaotic ending. And then when I heard the show on the radio, I was like, oh, not so bad. I was like, sam does all that. So everything that you've just heard so far in today's episode, Sam's probably going to scrub. He's going to probably be like, that's sappy. I'm taking all this out Christmas week or not, I'm going to change this. So we, we do have, we. We have a website. I'm sure you've heard us say, if you go to anothermoneyshow.com we have a website.
You can find all of our episodes on there. We believe it or not, if we make it until March, which I think we will, we're going to be on the air for three years. So I Want to give credit, I want to give credit to Sam and Amerilife for keeping this whole thing going forward. Strategies, you know, the people that we report to in our practice. I mean, this has been a labor of love. So we, you know, how did I get off on this, Sam? And where am I going with this, I guess is the most important thing. I've got end of the world articles to get to and here I am being sappy around Christmas time. So let's, let's move on a little bit this week. As I mentioned, Today is the 17th, it's Tuesday. Tomorrow on Wednesday is the big Fed meeting. So by the time you hear this, the presumption is we've had a quarter of a point rate reduction. I'm curious if Jerome Powell, Jared Bernstein, Janet Yellen, Joe Biden, I wonder if all these people are noticing that the rate decreases. The last, what is it, 3 now? Rate decreases, the interest rates have risen. So we've always thought you're fairly irrelevant.
Not we, just me. Anthony's not here to defend himself. So I think that you are somewhat inconsequential to what's happening and what's coming. I'm pretty sure you're going to lower rates tomorrow and then it's not going to matter and rates are still going to rise. So that's interesting. We, we have a inverted yield curve that has since gone back where it's not inverted, it's going the right way. Do you know what that means? That means we are heading towards a recession. If you're not familiar with certain things, you know, we, we do all the current events, but we don't talk a lot about financial planning. But now's a really good time to do a little research on your own and look up inverted yield curve and then look up what happens when they un. Invert. You might want to spend a little time looking up bond auctions and bond auction tails. There's a lot of things that are pointing to changes coming, and I'm sorry to say they're not really good ones. So I want to make sure that, you know, we're watching all that stuff. You know, we, we do always try to offer you, you know, we're here for you if you want a second opinion. I believe coming up soon, the markets are going to get a little more hectic and we want to be here to help you with that if you need it. So keep that in mind. So let's see here. Sam, put on the screen. Inverted yield curve. The usual drop of yields on longer term Debt below yields on short term debt of the same credit quality. What that means in layman terms, if I'm willing to give Sam my money for 10 years, let's say I expect to get 5%, so I give it to you for 10 years, I want 5% a year for 10 years, then I want my money back. So I made some interest, I got my money back. What if I gave you my money for two years and I, and it's inverted, and two years I got 5%, but 10 years I only got, say, 3%. You know, it doesn't make sense. We've been upside down. Part of the problem. Our yield curve has been inverted. I think we've set a record for how long it's been years. Now it's problematic. So I think what's coming is going to be not good. I think it's going to be chaotic. So hang on, you know the solution? When I talk about current events and how we give you all this stuff that you cannot do anything about, you know what, you can do something about your 401k, you can do something about your savings. You know, we, we've talked a lot lately about cryptocurrency. You know, I mean, we can help you brainstorm and figure out what's appropriate for you. With what I think is going to be coming up soon, especially because of the political season, all of the uncertainty around the world, we want you to be awake and aware and nimble. I guess that's the main thing right now. Am I suggesting, especially as a blanket recommendation, I don't know everybody that's listening. I don't want to do more harm than good and be dangerous. Am I saying you should sell your stocks and bonds because what's coming is going to be horrible? I can't say that. I mean, if I sit with you, we can brainstorm on whether that's something you should look into. I can tell you, the things that my grandfather said when I was a young man have never gone out of style. The old buy low, sell high. Do you think the last 15 years you should be buying or selling? How. But how, Grandfather? How can I tell somebody for 15 years, buy low, sell high is on its ear right now, and you need to just be selling well. And there is a strategy. I met a woman years ago named Robin. Robin was one of my earlier clients when I was new in the industry. You know, my father didn't just give me my part of the practice. He had me training with different managers. He had me cultivate my own book of business. So one of my first clients was a friend that I knew named Robin. Robin was very smart, probably a lot smarter than I was about finances when I came in. And she trusted me with some of her money because I was a friend. It wasn't because I was a seasoned, experienced financial advisor. It was because she wanted to help me in my endeavors. So she put money with me. And this was in mutual funds. So I, I, I was never smart enough to be a stock picker. Not sure that anybody truly is unless they have an agenda. But so we did mutual funds. And what she taught me to do, I didn't even realize it at first. It was like, you know, the, the longer she was a client, the more I realized what was going on. She would, every quarter when, when my office manager would call, she did want to talk to me. Most clients don't. Some of them don't even open their mail. There's a lot of people that are like, why should I watch on money if I have you? I don't need to. You're doing it. So. But this woman would talk to me every quarter and she would, whatever she made. So if it was a profitable quarter, she would basically sweep off her earnings and put them into a safer fund. And literally, the first few quarters, I didn't really notice. You know, I didn't understand it. I was like, you're making money. And it was like, over the years, this woman was a genius, because not only was she taking profit, was she buying low, selling high. When market opportunities availed themselves, she had money sitting there to buy. So, you know, watching this woman, you know, I, she became a client in the late, late 90s after the tech bubble. She bought some things on sale after a plane hit a building on 9 11. She wound up, you know, there was some chaos in the market the following week. She wound up putting more money into things instead of panicking and taking money out. So, you know, I've watched Anthony this last few years. You know, he does manage money. He basically helps people with their securities and he's having people with a cash position because inevitably there is going to be a market downturn. So you have to have the money to put into it when there's things on sale.
That was a long, that was a long winded. I don't even know where that went, Sam, but Merry Christmas. I mean, I hope everybody's going to be with family and have a good Christmas. So, Sam, put on the board Warren Buffett. I will tell you how to become rich. Close the doors, be Fearful when others are greedy, be greedy when others are fearful. The only problem with Warren Buffett, who. I mean, he's up there with me and Anthony. He's a smart. He's a smart financial mind. I believe so, Warren, couple things. In case you're listening, couple things for you. Warren lives in the same house in Omaha he's lived in forever. He goes to dinner at Piccolo Pete's nearby. I mean, he drives an old car. He was very moderate in what he gave his kids. And there's a story about his daughter wanting to redo her bathroom we brought to not too long ago and how he handled that and said no. I mean, Warren Buffett is a smart financial mind, very grounded. But here's a little bit of heartburn. If you're a multi billionaire and you like the assets of a company, you like the K1s, you can buy the company.
How do you become wealthy? Well, you start with a lot of money, the rich get richer, the poor hover, and the middle class shrink. Warren Buffett, if he likes Santa Fe railroad, he can buy it. You and I can't. But his common sense advice for the common person rings true. My grandfather saying, if you have the stomach and discipline to do so, you need to, you know, buy low, sell high. Most people don't have that stomach. Let's see here. What'd you put up there, Sam? Billionaire Warren Buffett still lives in the same home he bought for $31,500 more than 60 years ago.
That's. That's amazing. I mean, I guess if I'm a billionaire, that's not how I'm going to approach things. But I am very irresponsible and reckless. And by the way, Warren, that's a little boring. Come on, time to move. I think you should buy some, like, change it up a little bit. I want to see you buy a big place in Maui. Hawaii. Wait, yeah, there's good deals in Maui right now. So I guess this has become more financial than I thought it would to start out. Sam, also put on the board, it's a good time to dig out those old 401k and IRA statements. Your old stray Roth 401ks IRAs. You know, when. When you hear from me that things sooner or later are going to change, I think you know what I hear. This time it's different. This time things are different. No, things are never different. Things cycle. If you're having a great day, don't get too cocky. Tomorrow might suck. If you're having a really bad day, hang in there, tomorrow's gonna be better. That's how life works. It cycles. We literally have pretty much had a 15 year run up in these markets. I'm aware March of 2020 was kind of ugly. I'm aware 2022, there's been some sketchy times, not much. So I think the next cycle is going to be a doozy. And what we would offer to you, if you have an old 401k, you're not sure what your fees are, your charges are, what it's invested in. Let us be a second opinion, as Anthony always says, where there's no pressure with us, no quotas, no minimums. If you have $5,000 in an old 401k, it's important to you, I would imagine. We want to help you look at it, see what you have. We will make a phone call with you to find out what your fees are, what your charges are. Over the years, one of my biggest passions, I used to in the late 90s, early 2000s, I sold a lot of variable annuities. My father and I did a huge business with MetLife variable annuities. And as time went by, I realized I could use mutual funds and fixed annuities and I could lower risk, lower fees and raise the outcome for these people. So I went away from variable annuities. Fast forward to now. Being in the job as long as I have, I'm not a fan of variable annuities. I cannot find one that I would own. And I used to have a MetLife, it was called a PPA performance plus annuity. And I have since gotten rid of that thing when it was out of surrender charge, I got rid of it. But I will tell you what, one of my favorite things to do when we run into somebody with variable annuity or annuities, we sit down with a pad of paper, we take a pad of paper and a pen and we go on speakerphone. You know, have the client, you know, have the person say who they are and that it's okay to talk to me or Anthony and then we ask the questions that you may not even know how to ask. You know, what is a, what is an M and E charge? You know, when we ask all the fees and charges and they come up with a rebalancing fee and an annual fee and a sub account fee and an M and E fee, you probably just think that I don't know what M and E is. You know, it's mortality and expense. What the heck does that mean? You know, we know how to Ask the questions so you understand what you own. So keep that in mind. We'd like to help you do that, preferably sooner than later, because we do feel like things are going to cycle sooner than later and we want to get you ahead of it. So reach out to us@team anothermoneyshow.com or 623-523-0444. Let me get back to the end of the world. The Fed, the Fed meeting. You will know the outcome by now. I'm wondering how it's going to affect things. I'm wondering how things are going to be affected this next year. You know, we have a new administration coming in, you know, if we make it. As of today, we still have about, what, five weeks before the inauguration. And my gosh, I mean, the world's crazy and getting crazier, you know, each week instead of things being quieter because it's year end and Christmas and new Year coming up, it's getting more chaotic from what I'm seeing. So we'll address a little bit about that.
I will not go into cryptocurrency today. I will touch on it. Bitcoin went over $107,000 yesterday, which was Monday the 16th. So that's still going. Eric Trump came out and said it's going to go to a million dollars a coin. You know, Trump is saying we're going to do a reserve in bitcoin. So within the parameters and boundaries of diversification and moderation, I can see why you're looking at it. If you are, you know, most people are looking more at the xrp. They're looking at, they're not looking at bitcoin because that might actually, you know, be stable. They're looking more to swing for the fences. So we can help you look at that if you wish.
So speaking of politics, I'm, I was watching a little bit yesterday, you know, Biden, all sudden, he's a quite the statesman again. You know, he was, he was out talking about foreign policy in South Korea, which I thought part of why they were having turmoil lately, martial law was, was fear over North Korea. Not at all. It's 100% political. So I was wrong two or three weeks ago when I brought that up. It's 100% political.
So and I'm hearing about Syria. I mean, Biden is on his way out. We know that. And he's talking about foreign policy.
I want to know, let's come to this country a little bit. I want to know what the plan is for this country instead of worrying about Syria and South Korea and Canada and France. Canada. Boy, they're getting to be in deep trouble, by the way. So you know this drone thing today, again, it's Tuesday. I've said that about 18 times. But by the time you hear this on the weekend before Christmas, maybe it's resolved. Maybe we know what we're dealing with here, but as of today, we don't. I mean, as of this morning, it's still a pretty hot topic. I read quite a bit the last few days. I'm trying to get to the bottom of what I think it is. So instead of the main channels, I go to, I went to msn, I went to Activist Post, I went to Gateway Pundit, I went online to YouTube. I'm trying to figure out what I think is going on. And I found three different articles that I want to touch on because they're a little bit different than the mainstream stuff I'm hearing.
So here's, here's one from the gateway pundit on 16 December invasion of the Drones, Breaking the Truth behind the Mystery Drones over New Jersey, A Government Operation and a psyop. I, I kind of relate to this article a little bit because it's more technical. I'll read a little bit of it to you. These drones are being launched from the US Military ships positioned just off the coast. This revelation points to a deliberate and coordinated operation, one that aligns closely with the recent Navy programs designed to test UAVs in real world condition. It's called the Key West Exercises.
Clues to their origin can be found in recent US Navy exercises conducted off the coast of Key West, Florida. Earlier this year, the Navy ran a series of tests using advanced unmanned systems as part of a classified military program. These exercises included simulating real world scenarios, near critical infrastructure, testing advanced UAV technologies in contested environments. Rear Admiral Jim Ain, commander of the US Naval Forces Southern Command and US 4th Fleet, provided a statement regarding the broader purpose of the Hybrid fleet campaign event, which involved evaluating advanced technologies including unmanned systems like the Pterodynamics Transwing X P4 drones. So that's the part of this article that I pinned in on. They're saying, you know, people are saying these drones are the size of a car or a truck. So this XP, XP4 says here they have silent hovering and stationary flight. We've definitely seen that in some of these videos.
They're equipped with vertical takeoff and landing capabilities, allowing it to hover silently and remain stationary in midair, just as described by witnesses. They have morphing and transforming design. The XP4 can change forms by unfolding its retractable wings, transforming from a hovering VTOL drone into a fixed wing aircraft. That part was important to me because now I'm hearing some people are saying these aren't drones, they're regular airplanes and we're not seeing it correctly. I guess I have a little heartburn with telling me this is too easy of an answer because there's too many and there's too many people seeing them and there's too many people saying that was not a plane that I saw.
A couple more things here. Unmatched agility. The XP4 can perform side to side darting, sudden altitude changes and high speed acceleration. Witnesses describe drones performing sharp gravity defying maneuvers, behaviors identical to the XP4's design capabilities.
The only other things I'll read here High speed flight. Yes. Fully autonomous operations. Bright navigational lights. Purpose driven design. Okay, so if you do a little digging into the XP4, that might be what you're seeing. I don't know for sure, but that one piqued my interest. Another one was another article I gathered here was from the activist post on 16th December. Also says here unidentified drones in America's skies smells like a false flag. So you know who you're listening to. I am very much open to tinfoil hat conspiracy theory. I'm into Everything right now is weird. Nothing is really as it appears on the on the surface. Why, when we're only five weeks away from the inauguration of Trump, are we talking about drones? And you know when I say Biden's a statesman and he's in South Korea and he's not in there but talking about Syria and all this stuff, you have something that's heavy on the minds of a lot of people right now in this country.
[00:24:07] Speaker B: Who.
[00:24:07] Speaker A: Who in the heck is in charge right now of this country? I haven't heard anything about Harris in quite a while. She's pretty much, pardon the drone pun, she's under the radar pretty thoroughly. I don't know what's going on with Biden, but this is probably in my mind, the most likely scenario. I'll share with you a little bit from this article. The term false flag gets thrown around rather haphazardly these days and is important to recognize that a real false flag requires a particular end result, the public blaming the wrong culprit for an event that someone else, in parentheses, usually our own government, perpetrated. When it comes to the increasing fervor over major drone activity across the U.S. i have very little doubt that what we are witnessing is a false flag.
I don't know. My pay grade doesn't allow me to have inside information on this, but I know something is fishy. Let's see here. Our government could fly fleets of large drones over cities and military bases with impunity. If our government wanted to say, blow up a sacrificial military facility, damage a nuclear power plant, or hit a civilian center, car sized drones would be very useful because they are designed to carry considerable weight.
Drones like those sighted over New Jersey could carry 500 to 1,000 pounds of ordinance, maybe more. A swarm of those drones could cause total havoc in heavily populated areas. I worry about this outcome because the Biden administration and the globalist establishment have been very active in the past several months trying to create as many ignition ignition ignition points for world war than they possibly that they possibly can before Donald Trump takes office in January. A false flag at this time makes perfect sense. How scary is this? I mean really, this, this. If this is our own government and they're getting ready to create some havoc in our country, how scary is that?
So I'm going to read one more line, then I'm going to take us out to break. My second theory is based on the strange comments by defense officials linking the activity to the lack of restrictions on the civilian drone market. As noted, there is no way civilians are flying car sized drones in US Airspace over protected sites without being followed. The drones are too expensive, too big to move around without people noticing. And that kind of operation requires Insider knowledge of DoD and DHS tracking methods. When we get back from the break, I'm going to kind of summarize what that sentence means. But none of this is good. I will tell you that. With that, I do hope you have a very merry Christmas and you're safe and happy. And there's no updates on the drone situation.
So we're going to be right back. As always, we would love you to give us your show ideas. We would love to set up a time to sit down with you and get to know you, be a second opinion, that sort of thing. We're at 623-523-0444 or you can email us at teamnothermoneyshow.com we'll be right back. And thank you for being here.
[00:27:35] 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 or call 6235-230444. That's 623-523-0444.
[00:28:05] Speaker A: Welcome back to another Money Show. Thank you so much for being with us. So hopefully we're doing okay without Anthony. I always feel different when he's not here. I mean, I know I do most of the talking, but yet still I need him to be there. You know, the dirty looks and the raised eyebrows, I need that. I need to make sure I'm on the right track. As long as I'm annoying him, I know this show is going to be successful. So if you, if you want to meet us, if you want to meet one of us, if you want to have a second opinion on your finances, give us a call at 623-523-0444 or email us at team another money show.com we do think things are changing in this country and the world and we want to get ahead of it with you. If that's something you can see, you know, New Year's resolution that's coming up right after Christmas, we're going to hit that. So if we can be a second opinion because you're trying to get your house in order or look up stuff you haven't looked up in a while, let us help you. With that said, let's finish up the drone talk because I know it's everywhere and I probably don't need to add to it, but I feel like that's what you expect from me, especially when the tinfoil hats are everywhere right now. On the article I was talking about, for the first time ever, patriots have access to air for surveillance and defense. I would not be surprised to see governments fabricate reasons why why the technology needs to be banned. They will try to sell the American people on the idea that drones are a danger to public safety, even if that requires bankrolling a terror attack to frighten people into compliance.
In either case, a trigger for World War 3 or a test case for banning the civilian drone market, the establishment gains an advantage. As far as I can tell, no one else benefits from these drone incidents. All signs point to a false flag. If this is really exposed widely enough, I expect that the government will finally admit that they were behind the drone flights, but only as an effort to protect the public from the insidious threat that they could not tell us about beforehand. So the bottom line of this article, they're saying that it probably is our government who's going to create a ruckus. And the second option might be to say we can't have drones because if the government is out of control, if we want to see what's going on, we can do it now from. I can do it, you know, from my home and be a mile away looking at what's going on elsewhere. So that's, you know, also we have more advantage than the government. They don't like that.
One of the things also this week that's come up a couple of times is that there's a possibility that these drones are nuclear sniffers. Sam, have you heard anything about this?
[00:31:00] Speaker C: I have heard that it could be looking for nuclear material. I have not heard the term nuclear sniffers. I would wonder what nuclear material smells like. I know from time to time our natural gas company sends us something in the mail and says, like, oh, scratch and sniff. This is what a gas leak smells like. Maybe we should receive something that we can scratch and sniff and know what a nuke smells like.
[00:31:25] Speaker A: We need to get you a Geiger counter as Arthur called for Christmas. I just got a great Christmas idea for Sam Davis. I'm gonna get you a Geiger counter. You can walk around and when it starts going fast, you know, to run. So, yeah, I mean, apparently there. And I wouldn't know what to sniff for either. Apparently there are elevated radiation levels in New York City. So I happened across another article on Gateway pundit on the 16th U.S. nuclear Regulatory Commission releases report confirming radioactive material lost in transit shipping container arrives damaged and empty in New Jersey. New Jersey. New Jersey, as far as I know, is near New York. So elevated radiation levels. Can you imagine a dirty bomb or a nuclear issue happening around New Year's Eve in New York City? I'm sorry I'm bringing that up. I'm not trying to jinx our country again. Not stuff I can control. If it's going to happen, it's out of my control. If I could stop it, I would. But how scary is this? I mean, the fact that this article is something that I read scares the crap out of me. So let me just read a hair of it to you. The US Nuclear Regulatory Commission, the old nrc, has confirmed that radioactive material was lost in transit earlier this month, heightening fears about public safety and sparking theories about mysterious drone activity in New Jersey. Officer Liu, a prominent political commentator, highlighted the NRC's event report during a review of regulatory alerts. While looking at the Nuclear Regulatory Commission alerts, I can confirm that there is a radioactive material that has gone missing on December 2, 2024 out of New Jersey. This might be the reason for the Drones. Just speculation at this point, he wrote. The missing material identified as GE68 pin source manufactured by Eckert and Ziglar.
Turn the page here. I can't do that smoothly was reported lost by its licensee on December 3, 2024. Shipped for disposal, the container arrived at its destination severely damaged and empty. This is super frightening to me. This is Sam put a Geiger counter. So Sam put up a picture if this makes its way to YouTube. This is a good Christmas gift if you can get there in time. Nuclear radiation detector GQ. That means it's good looking. GMC 800 Geiger counter USA products. The hell? So for a mere $99 and if you're a prime member, probably free shipping. Hopefully you can get the one day if you're getting this by Christmas. So yeah, you can buy your own Geiger counter and I don't.
[00:34:24] Speaker C: This is the number one best selling Geiger counter on Amazon. I don't know how many of our listeners have seen the movie Idiocracy. If you haven't, you've got to add it to your watch list. More and more I find that my life feels like Idiocracy. And this is one of those moments when I just realized a few minutes ago that there are a plethora of Geiger counters that you can purchase on Amazon for your own personal use.
[00:34:48] Speaker A: I had no idea. And I am a self professed prepper. I'm not a wealthy man. So I'm like a baby prepper. And by baby prepper, what I mean is I keep food and water. I mean I try to be ready in case I have to stay in my house for 30 or 60 days. I don't have the room or the money to be a full blown Prepper. Remember the TV show Doomsday Preppers? It was on TV, I don't know, probably 10, 12, 15 years ago, these people, they must have been all like multimillionaires because you know, aquaponics and underground bunkers and silos. But for me as a little baby prepper, I've never thought I need a Geiger counter. If I was a baby prepper in New York City or in New Jersey, maybe that would all change this year. So a little bit more on this article.
Just as this radioactive mishap was quietly made public. Well, I never heard it until this article. A string of mysterious drone sightings over New Jersey has raised eyebrows. John Ferguson, CEO of Saxon Aerospace LLC and an expert in unmanned aerial systems, has presented a startling theory. The drones may be searching for the missing radioactive material. Man, this is terrifying. So the other article I read is saying that we're going to have a inauguration disrupting false flag event. The second theory from that article is we are about to ban drones with civilian use. Now this one is saying the drones are needed, which this is a good thing to try to find a missing nuclear bomb. Is that what I take from this article? So, according to Ferguson, my belief is that they're trying to smell something on the ground. Gas leaks, radio, radioactive material, whatever. I do believe that they're flying low enough that they're just trying to sniff the ground and try to find something. So again, I hate to be a pessimist or a guy that thinks directly to the negative. However, I know as a professional, we build professional stuff for the military. I believe that they're actually out there trying to smell something that's very important indeed. However, Ferguson linked the sightings of drones to more shocking claim. The disappearance of over 80 nuclear warheads from Ukraine after the collapse of the Soviet Union. According to Ferguson, these weapons have never been fully accounted for, and at least one of them may have been headed towards the United States. Well, if they haven't been accounted for, how do you know 80 of them haven't been heading to the United States? Last thing I'll say here, Ferguson recounted a conversation with a government insider. Was it Nancy with her hip replacement, now government insider, who physically handled one of the missing warheads, only to see his warnings ignored by US Authorities? I mean, oh, and when I was saying I'm a baby prepper, where I was going with that. But I completely got myself off track, which is a shock in and of itself. So I have nascent iodine. I actually got that from Amazon. One of the little, you know, doomsday channels I watch on YouTube says, don't go crazy, don't mortgage your house to buy stuff, but you need to have this nascent iodine. So I bought like four or five bottles of it. And I also bought HEPA filters. So if there's a nuclear attack in and around some city, please, listening audience, come to my house, because we have HEPA filters at my house.
So I, I shouldn't make light of any of this because whether there's a false flag coming between now and January 20th or like after the inauguration, because, you know, Biden would have handled this properly. Trump cannot. Whether there's nuclear radioactive material that we're trying to sniff out or whether we're going to ban more personal freedoms in this country, I don't like It. I'm not super comfortable with any of this, but I can tell you what. I am scared.
[00:38:56] Speaker C: I'm J.R. this is really just one of those things. Like it. People tend to not care about things that they feel like don't affect them. Like, your listeners out there in the Valley probably don't care too much when it comes time for hurricane season, that hurricanes are, you know, devastating the Southeast, much like the people in the Southeast probably don't mind too much that wildfires are devastating those on the West Coast. What's concerning about this is that a drone, you know, flying above you in. In some sort of seemingly organized way is something that could foreseeably happen anywhere, which makes this particularly mysterious and interesting.
[00:39:36] Speaker A: And isn't it happening in Ohio now? Didn't they close Wright Patterson Air Force Base yesterday? I mean.
[00:39:42] Speaker C: I mean, I. I haven't seen anything about it spreading to Ohio, but I mean, drones don't just stay in one place. Um, I haven't seen any here in the Atlanta, Georgia area, but if I did, I would be much more concerned than I am now.
[00:39:55] Speaker A: Do you know why you haven't seen any in the greater Atlanta, Georgia area? Because your drones are really good at it. They're all over your house right now, Sam. They're actually listening to us recording another money show. But they're really stealth like. But you. When you hear about. It'll be too late. That's all I'm saying. So I'm gonna say goodbye to you now. I'm gonna say Merry Christmas and goodbye to you and your family. Okay? Stop making light of it. No, this is. This is terrifying when you think about it. And you know what I mean. Again, my previous question stands, who's in charge? If you look at the information I'm looking at night after night for the last two weeks, we're at war. This is World War Three. If you know at first it was an Iranian mothership that was shooting them out of the sea on the Atlantic coast. Whatever the case is, if it's our own government, do you realize that people that go in the military swear an oath to defend this country against enemies both foreign and domestic? We're at war. So I would like somebody to get to the bottom of this drone thing so I don't have to worry about anymore. And I hope it happens before New Year's Eve, because that really just scares the crap out of me. Moving on. Should we get something more uplifting and happy? Let's get into something that affects all of us, but in not as bad Of a way. I read yesterday that there's another egg shortage. Like I read that, you know I want to, I want to go back to Marburg and disease X and avian flu. You know when I said last week that they've, they have had to euthanize animals out at the Wildlife World Zoo. Apparently it wasn't just birds, monkeys, apparently there were some big animals. I don't, I don't, I still can't find a lot of information on it but apparently some large animals had to be put down. So the avian flu jumped from birds to animals and to people because there's people in quarantine. So that's scary. But how it affects all of us. Apparently egg prices are up 37% year to day, year to date. You just found an article. Egg prices are rising again. Here's why they're so high. I don't know why they're so high. Sam, do tell me. Oh, this one says 38%. Yesterday I read 37% so it jumped a percent in one day.
So egg prices, doesn't that make you feel better than radioactive and drone sniffers? And isn't this better?
[00:42:04] Speaker C: I am a regular purchaser of eggs. We probably purchase three dozen eggs a month in my house and my wife doesn't even eat eggs unless she's using them for baking like she does around the holidays. And we're in that season right now and it's fantastic. And I've been having way too many baked goods. But you know, I buy a few dozen eggs a month and I haven't noticed prices going up yet. I have noticed that there are a lot more options for eggs at the grocery store. It is no longer just the gray carton. You choose whether you want half a dozen, one dozen or two dozen. There seems to be about 20 different varieties of eggs every time I go.
[00:42:40] Speaker A: To the store and I have a question, and I'm sorry to even ask, but do you cook the eggs? Are you a Rocky guy? Do you just like put em in a glass and drink em? I wanna know more about your egg consumption.
[00:42:49] Speaker C: I prefer fried or over medium. I love a runny yolk. So if, especially if it's with steak and eggs or maybe a little breakfast sandwich, I like the runny yolk. Um, I'm definitely not going raw, but yeah, I'm a regular egg consumer. So if the prices rise too much, maybe that three dozen a month will drop down to one or two dozen, I don't know.
[00:43:12] Speaker A: Right. Macy, our office manager. Macy, if you haven't Met her or talked to her yet? Please do come in. Her call, she's super cool. So Macy said that they go through like five dozen a month. They both are huge egg eaters. So she said, you know, she's been going back and forth between Sam's and Walmart which are near each other and she said there's definitely like one will have them and one won't. And she said the price is insane. And so she, she's the one that pointed out to me. So that's where I got the egg thing. So. But isn't that better than the drone thing? I don't want to talk anymore about the drones. You know what I do want to talk about? You know what we brought up last week that we need to touch on the wasteful spending in this country. When I said that I would, you know, between last week and this week I would look up the Festivus Report, I couldn't find it. And then I found out why I couldn't find it. It doesn't release until the 23rd of December. So we have pre recorded next week's show. Anthony and Sam and I did a show before the one you're listening to right now. So I'm taking you through a time travel right now. So the show that we're going to do between Christmas and New Year's we've already recorded. So but in January I'm going to make sure I have handy the Festivus Report because I cannot get enough of that stuff. And how our country is just so out of control with money. And then we wonder how we have 36 trillion in debt. I realize the spending is insane and it's got to stop. The interest on our debt is now the second largest expenditure. We are now it's just Social Security is the only bigger line item. We've surpassed the defense budget which we kind of need for the drones. We have surpassed the defense budget. We've surpassed the VA spending. So we are going to. But you know, a lot of the little things, you know, you spend a billion here, a billionaire, it starts adding up. So the festivities report gets. It's funny because it goes to really, really dumb stuff that we're spending money on. So to me I find it hilarious and annoying. So we need to clean up. You know, I'm so ready for the DOGE to come in and start cleaning house.
So with that in mind, I found an article here from MSN on 12 14. On 14 December, Rand Paul said he sent 2000 pages of waste to Doge as he raises alarms about ice skating drag queens and taxpayer funded magic. And when he says things he really literally means those are things that we're spending money on. Rand Paul joined Hannity on Friday to preview his annual Festivus report, which highlights what the senator deemed wasteful government spending and grants. The report releases on December 23rd. We will talk about electric charging stations, electric cars, but we will also be talking about government funding for ice skating drag queens. We will be talking about taxpayer funded magic. Slow down. A shocked Hannity said. Let me stop you there. Ice skating. All right, how much money are we spending on the ice skating drag queens? I can tell you the total will be in the hundreds of billions for the entire Festivus report. Paul said, I don't have the breakdown on each individual one, but I can tell you that there are millions of dollars being spent on magic. I can tell you that. Also going to be some money for the southern border, but not the southern border of the United States, for the southern border of Paraguay.
As Paul noted, much of the spending highlighted in this report is through grants from the federal government for things like studies from the National Science Foundation. Paul argued out of control spending is a bipartisan, partisan issue and both major parties are guilty. Of course they are. I mean, we spend, spend, spend. So, you know, is Social Security, Medicare, Medicaid going to be there for you, Sam? I mean, we really were putting money into, you know, when we read about shrimp on treadmills last week and we read some of that stuff, I laugh. I mean, I laugh at the stuff. And then I'm like, well, wait a minute, I'm 60. When I get to be 62 and I'm able to take Social Security, that's only two years out. Are they going to say, no, sorry, you have to take it 70 or 75. I mean, it's, everything's broke and we're spending money on Paraguay. I guess I don't get it.
[00:47:47] Speaker C: On one hand, the Social Security administration is incentivizing people to delay taking Social Security, you know, getting 8% more after full retirement age up to age 70. But on the other, they're saying, well, Sometime in the mid-2030s, we might have to cut the whole darn thing by about 25%. So you're, you're sticking your people who funded this program between a rock and a hard place. And you're, and you're not leaving them with much of a choice.
[00:48:15] Speaker A: Right. And how come not everybody's screaming about it? You know, I mean, let's Let's. I don't know, we're still giving money to all these different nations. There's so much. Ukraine really should have woken everybody up, not just us. Here at another money show. Billions of dollars to Ukraine for their Social Security system. Literally. We literally pumped money into Ukraine's Social Security system.
I don't get it. Well, and at least Joe Biden, I mean, I'm going to give him a little credit. Here's an article I got from 12 December from the new York Post. He's trying to raise money for the government and I appreciate this. Biden administration quietly clears away the border wall parts for auction ahead of Trump's second term. The Biden administration is reportedly spending its final weeks quietly clearing away unused southern border wall materials to put up for auction. A move characterized by some lawmakers as an apparent ploy to sabotage Trump goal to secure the U.S. mexican border. Whoa, that's kind of cynical. I think he's doing this to raise $5 a foot or whatever it is to help with our deficit.
Alarming footage taken by a U.S. customs agent captured numerous flatbed trucks hauling away dismantled sections of the steel wall near Tucson, Arizona, a hotspot for illegal crossings. With the agent estimating a half a mile's worth of parts are being removed daily.
They are taking it from three sections, Nogales to Tucson and three points. The agent who spoke under the condition of anonymity. Can I say that word on here or you're going to have to censor that.
Let's see here. The materials are being transported to the Pinel Air park in Marana, Arizona where it's being sold through Gov Planet, an online auction house specializing in military surplus with bidding starting at $5. Online auctions for the parts listed as steel bollard wall sections with grout already happened this month with another scheduled for December 18th.
So by the time you heard this, the auction's over. I'm sorry for that. I wish we were a little more timely on this. Up to $300 million worth of taxpayer funded wall components have been left to rust since Biden came to office. Republicans have said, condemning the Democratic president for worsening the migrant crisis.
So I guess through the wall we're trying to either raise money to shore up our financial problems or we're just trying to spite the incoming president.
What do you think, Sam? We have a few more minutes. Do you do. As long as we're on Joe and that. Do you want to talk for a second about Janet Yellen? We good with that?
[00:51:10] Speaker C: I think that's a great place to kind of wrap up our conversation today.
[00:51:14] Speaker A: I do too. It's very holiday like. It's very Christmassy. So here is from the Zero Hedge on 13 December, if you're wanting to read this for yourself. Janet Yellen Sorry. After presiding over $15 trillion increase in US debt, outgoing treasury secretary and former Fed chair and vice chair Janet Yellen said that she spoke with Donald Trump's nominee to be her successor, Scott Besant, after he was selected for the job during a Tuesday event organized by the Wall Street Journal. Yellen said that in a call before Thanksgiving, she told Besant, a veteran hedge fund manager, about the breadth of the job and the strength of the department staff. So Yellen's giving advice to this new guy. Oh, I guess they're going to point this out. How weird that is, too. Yellen, who had never worked one day in the private sector, let alone a hedge fund where you are only as good as your last trade and only as successful if you outsmart most of your peers, reiterated previous warnings against encroaching on Federal Reserve independence and the broad tariff hikes, while expressing regrets Know what does all this mean? Well, all of this Janet Yellen has done more to hurt this country's finances than any single person in the history of this country. That that's what I would say.
Let's see here. First, it was under Yan's watch that the US Experienced its biggest debt increase in history. As shown below, Yellen was fed chair from October 2010 through February of 2014 and then fed chair from February 14 until 2018, a period during which she intentionally kept rates at zero for almost the entire duration of her in parentheses apolitical career. Under Yellen, US debt increased by 6.8 trillion while she was the Fed chair, slash vice chair, and another 8.4 trillion while she had been Biden's treasury secretary. In other words, Yellen has personally presided over a gargantuan $15.2 trillion increase in U.S. debt, or about 42% of all debt ever issued. No one government official can ever, ever make a remotely similar claim. With that said, my very favorite subject, Janet Yellen. I don't know how many people are going to miss you when we get Lael Bernard when we get somebody worse one day, I guess we'll see. But I don't know. I mean this lot of changes coming to this country. I hope they're good ones. I guess we do have to wrap up, huh? I guess we got too lot drones. Janet Yellen same thing. Both very harmful to our country in one way or the other. Why don't we do this? Let's thank everybody again for being with us and we wish you a Merry Christmas. Anything you have for me. Sam.
[00:54:17] Speaker C: No. They're going to have an all new episode of another Money show next week as well. And Anthony will be back.
[00:54:23] Speaker A: Yes. Saturday at noon on 960 the Patriot re airing Sunday at 1 o'clock on the Patriot. Make sure you make your way to our YouTube channel. We did get our 500th subscriber so we're growing like a weed. You know Joe Rogan is watching our count daily trying to see if we're going to get to his numbers but so thank you for your support as always. We would love to hear your show ideas.
Anything we can do to help you personally, we'll be there for you. We're at 623-523-0444 or you can email us team another money show.com and be safe, be happy. We we hope you have a great year end and and in the new year I think we're going to dedicate an entire episode to the Festivus Report. I say we start out 2025 with the Festivus Report. So all right, thank you so much. Take care and Merry Christmas and happy holidays.
[00:55:23] 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 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.
