[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 Correio and JR Rochford.
[00:00:43] 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 Sun City to bring you news you may not find I on those other financial radio stations. We're aware that the last thing you need is another money show, but we appreciate you being here and we got a very special guest today for you. He'll be in a little bit later, but for right now, you're just stuck with myself and Junior. And by that I mean mostly Junior.
[00:01:18] Speaker A: It is always a pleasure to be stuck with Junior, I would imagine for you and our loyal listeners.
[00:01:24] Speaker C: Thank you.
[00:01:24] Speaker A: Uh, let's do. Let's knock out the quick shout out this week. Shout out is to you early bird listeners. I kind of make fun of the fact that you're insane to be up that early, but we appreciate you.
[00:01:36] Speaker C: We have a lot of people lately that have been saying they're up early and listening to five o', Clock, like way more than I would have imagined.
[00:01:43] Speaker A: Me too. Yeah, Linda, Don, Betsy, Kevin, they're just to name a few. There's a lot of you, so. And yeah, and I appreciate the feedback. Some of you text me. I don't hear it until I get up at a more reasonable hour. You know why I joined the Air Force, Anthony? Well, you do, but most people don't, so. So the reason I joined the Air Force, I remember when I was thinking about going into the military to try to, you know, straighten out my life and make a good future for myself. I saw a commercial on TV and it was from the army. And the gist of it was we do more before 9am than most people do all day. And I saw that. And who on earth thinks that's a selling feature? Like, I want to do more afternoon than most people do, perhaps part of the morning, but don't tell me you get up early and do a bunch of stuff because I'm out, I want to sleep in, I want to overeat. So obviously I joined the Air Force, which in which case I got to oversleep and eat and stuff. So let's. Should we get right into it? Yeah. Hopefully Joe's going to be here. I know how busy he is.
With gold hovering around 5500 an ounce, silver around 115 an ounce.
[00:02:55] Speaker C: You know, a little what I want to get into because I've seen all kinds of articles and all kinds of speculation and just like people speculating on the market and reading all those articles on day to Day, I was like, that's not it. None of those things make sense. So I would like to hear it from an expert because we, we agreed it was undervalued.
That going from 20 to 120 makes sense, but not in this time frame. If it did it over like four years, over three years and just slow, steady growth where it definitely hit this mark makes sense to me. But it's what, 250% in one year.
[00:03:32] Speaker A: Growth, that's 300, 300% plus for gold, for silver. Yeah, it's, it's crazy. But I mean look at the geopolitics. We bring that to people every week.
Things geopolitically, which is just a fancy term for what's going on in the world, things are sketchy.
I know I'm the one that out of the three of us that monitors the news every day and every night, but Iran, I mean, we were doing training exercises right by Iran, they're saying they're ready to pull the trigger. So they're ready to fight. You know, I don't know. I mean, we bombed Iran not that long ago. It was this year, this past year.
You know, is, is this over oil? Is it over nuclear capability and not wanting them to have it. Although I heard this morning that Pakistan is bringing nuclear weapons to the border. So it looks like Pakistan may furnish nuclear weapons to, to Iran to make it a more even playing field. So geez, op, game on. Will that finally be World War iii? If we actually have nukes go off somewhere in the world? You know, I thought the Iran, I thought Iran, you know, bombing too was going to come out of the roughly 5,000 protesters that were killed there. But there's not a lot of talk about that anymore. So Iran, you know, killing civilians, that's fantastic. Although, you know, there's people saying that's going on in this country if we have time we'll, we'll touch on the newest, you know, happenings in Minnesota, our version of Iran.
So I don't know, I mean gold and silver, I think the reason that this rise is happening, people finally woke up.
There's a short squeeze. I think Jamie Dimon, you know, allegedly, I, I think JP Morgan Chase, I think they stopped tamping the price down. I think it broke through. There's a scarcity, there's all these different things. But you're right. Let's hear from an expert. I've been listening to Joe for at least a decade and a half and he's been spot on. I mean he, he told people over the years, you know, dollar cost average in, you know, unless you're extremely wealthy, you never were able to buy just like, you know, 100 ounces of gold. So he was always saying just keep picking it up. Some people call it stacking. And he was saying buy, you know, make sure you get to where you have one ounce of gold for every year you're, you've been born. So if you're 60 years of age right now and you have 60 ounces of gold, I'm not good with numbers or math, but it said about 5,5500 an ounce. What is 60 times 5500? You're sitting pretty good right now. When is the time to dollar cost average out, start selling? I'm not sure it's yet. I mean days like today where there's a little pullback that's extremely healthy and normal. But I don't think the world's done so a lot on the table. The S&P 500 hit 7,000 this week. Anthony and Sam, I'm sure you are aware of that. You know, watching the Dow Jones Industrial Average, they're having a pullback today too. So far it's actually quite volatile and today as we record is 29 January.
Lots going on at home, lots going on abroad. You know what, I'm going to send a text to Joe, make sure he's okay because we really want him on the show today.
Especially with everything going on with gold and silver and precious metals. So at home.
I just read again, I read last week that APS is, there's a corporation commission meeting with, with aps. They're going, and we brought this to you a year ago or within last year. Their APS is requesting another 14% rate increase on residential electric.
My question. And business is going up too. I forget if it was 16% or whatever. So that'll affect us. Anthony That'll affect us at home and work. But you know, when is it going to stop? You have inflationary pressure still in this country. You have people that are still paying too much for food.
It's the same old story across the board. The rich get richer, the poor hover, and the middle class are shrinking. Well, you've got the lower middle class to the middle of the middle class, they're struggling, their bills are going up everywhere they look. I mean, For Pete's sake, it's 30, $40 to buy a large pizza now. Things are crazy. So good on you, aps. Now's the time to raise it. We know what you're doing.
You need to get ready for data centers and AI. We get all that, but we. It's. You're stretching people thin. So I just. Will it ever stop? The answer is no. And all of you geniuses that did solar and you're like, oh, I bank electric. They have a surcharge coming for you too, so they're going to start changing yours too. They can't let you out of this mix.
What else do we have here? Government shutdown.
As you hear this, the podcast is generally released on Friday evening. You know, we're on the air Saturday morning and Saturday midday. So we'll see. By the time you hear this show, we may be in another government shutdown. My understanding is that Sam. How do you know that? Sam said it was in June of 2025 that we talked about the APS rate increase.
How do you know? I mean, I don't even know what I talked about this morning. Oh, the bombing Iran. Oh, well, I mean, bombing Iran and APS increases, they're both kind of brutal. So. Okay, my, my apologies. I don't know when we talked about aps, but we bombed Iran six months ago, so that'd be nice way to celebrate our six month anniversary is to bomb them again. Let's bomb Iran every six months till they're gone. You know, I'm tired of talking about them. We've been talking about them in this country forever. You know, they're in the streets chanting death to Israel, Death to the United States, the great Satan. Well, get shut the hell up. Anyway, moving on.
Where was I? Government shutdown. Is that what I was talking about? So by the time you hear this, we may be in a government shutdown.
Another one, the longest one on record, I don't know, just a few months ago. So that, that's great. They, they put a band aid on that bad boy and here we have to rip it off again.
I thought, I don't know, month, six weeks ago. I thought this government shutdown was going to be centered around health care because they didn't agree last time on the subsidies. And you know, I mean, that is a socialism light, by the way, when some people get subsidies to pay their health care and some don't. So we always pick and choose, you know, what's going on with money and helping people.
So.
But apparently health care will be in the mix, but the biggest thing is going to be funding of ice.
So as I think about this, I mean, with ice, these are law officers. These, these are like police.
This, I don't know, I mean, I, this is so crazy. Anthony. We had a woman in the office yesterday. We talked a little bit more about ICE and about, you know, are they just rounding up people of color or is this, you know, what's going on? It's way out of our pay grade. But, you know, usually if you're too far on one side of the subject, you know, or one side or the other, you got to meet in the middle. We have to find a way to de, escalate, you know, to me, it's just so easy. There was, you know, what's his name? Nick Shirley. A bunch of fraud was uncovered and all of a sudden now the big ice storm is in Minneapolis, Minnesota.
There's a whole bunch more illegal aliens in la, in other cities, and yet we're not hearing the same problems. Why is that? Is this a distraction like everything else? I just don't know. You know, in the, in the shootings, I mean, nobody wants anybody shot, I don't think. I mean, I hope there's not people out there that think like Nicole Good or the new guy nurse, what his name, Pretty or whatever. I don't think anybody wants to be shot over this. I also, you know, I read and I watch videos and I tried to go to FOX and cnn. I tried to go to NPR on, I tried to go to different sources.
And it's startling how different the country sees this. You know, one side. I listened to the video clip this morning from Elizabeth Warren getting all teared up. He, he was trying to help the poor woman that fell. He's a nurse. He's, he's just a caring, good guy. Well, it comes out, you know, that a week ago or whatever, a week before the shooting, he also got a broken rib while fighting with ice. He got busted on a signal chat. Apparently, if you feel like you're safe because you use the encrypted signal Channel and you know, my old friends from the Oath Keepers and constitutional sheriff's peace officers, we talked about that years ago. We talked about are you really safe on wicker, on signal?
If the government wants to find out what you're saying and you're using any sort of a cellular device, pretty sure they can do it. Well, this is kind of proven that. So they're finding all these signal chats of people that are very organized and letting others know where ICE are gathering and all this stuff. You know, that way they can attack the hotel they're staying at, they can go after the report, they can do all this stuff anyway, you know, with this nurse, apparently he was a little fray a week before he got shot. While he's being shot, some people say he was reaching for his gun, some people say an ICE officer already disarmed him and he was reaching for a cell phone. There's pictures that look like he grabbed a magazine or. One of my main questions, if you're a nurse and you're there to help people that might have, you know, tear gas spray in their eyes, if you're there to help people, why didn't you show up with a first aid kit?
Why didn't you, why didn't you have a scrubs on and a stethoscope and yes, I'm being a little facetious, but if you're going to a protest where, you know, there's volatility, you know, people are enraged and you're bringing a semi automatic pistol, two extra magazines and you don't have any photo id, I am going to lean towards. You're not there to help people. You should have a first aid kit. The old Oath Keeper days, we talked about how every single person in this country 16 years of age or older should have an IFAC. If you've never heard of an IFAC, it's an individual first aid kit. It should be in your vehicle at all times. So if you get hurt, if you come up to an accident, you know, hopefully you get a little bit of training on it, you know, learn how to use a tourniquet, that sort of thing, you can help people. Well, this poor nurse did not have an ifac. He didn't, he didn't have any gear, so. And I know, I mean it's, it's depending on who the conversation is with the polarization is, is what's so bad. And I don't even think immigration is the issue at hand here. That's what's really sad.
This is about, you know, no kings Protests. This is about Trump is evil. This is about half the country wants things to go back to Biden, Obama, Harris, those days, and half the country wants to go to Maga Ville. The answer might be the two extremes are in trouble, you know, and what happens in the midterms, what happens in the general election next time? You know, the pendulum's been swinging for the last 20 years. That means we go back to what we had four years ago.
And I will remind you that all of this did on paper start with unchecked, unfetted, unregulated immigration. And Anthony, you bring up the fact that our immigration system is so broken, it's like we need to fix that. You're right.
Well, maybe if this protest grows nationwide and people have to get uncomfortable, maybe this is the straw that will break the immigration back and we'll have to deal with it. I don't know. I mean, I. Yet to be seen, but I know if you let, like, what they're estimating 20 million people in your country in four years. I mean, I don't think we can fathom that working in Sun City and living one of us in Sun City, one in Glendale, and the third son living in Georgia. I don't think that has really affected us, per se. I said over the last four years on this show, it will.
I was always proactive, not reactive.
I told you, with the people coming in, it's going to change. Things looks like it's happening.
And I look at everything, I look at, I have to go, you know, forward 5, 10, 20 years, look back 5, 10, 20 years, are things going to be the same, better or worse? And I, and I always say I'm not an optimist, I'm not a pessimist, I'm a realist. And realistically, I think that we have so much to fix, it's going to be a really tough thing to do.
And I'm not just talking financial. You know, my passion is on Medicare, Medicaid, Social Security, realized gains versus unrealized gains, mortgage interest, deductions. I look at money, I look at Roth, IRA conversions, I look at money for a living. But when I look at current events, which is why we do this show, to sound alarms, because what's happening in the world is very likely to affect your future, your finances, your kids, your grandkids, et cetera. So we want to make sure you're aware and you're nimble with your finances. You can't be nimble with your finances if you don't know what's going on. That's how I see it. So, you know, Yesterday, yesterday being the 28th of January, apparently a bunch of Arizona schools let their school kids out to protest. I saw the videos, I saw a handful of schools. So they must have allowed that because it used to be where schools can tell you you can't go outside unless there's a fire drill or it's four o' clock and you're going home. You can't go out to protest. Apparently that's changing. And I A lot of the stereotype of the education system, the education industry, is that it leans a little bit more, you know, left than it does right. So watching kids out protesting with their signs, I don't know. There was an ICE protest in Surprise yesterday on El Mirage Road.
So when I always talk about the containment to St. Louis, Minneapolis, Chicago, Louisiana. Portland, Oregon, in Portland, ready for you guys to start blocking off streets. I am noticing they're doing that in Minneapolis now. They're using the Portland, Oregon business model, gathering trash dumpsters and making autonomous zones. So good on you. So I mean, Anthony, did you hear about that?
We had an ICE protest only a few miles from our office, just a little bit west of our office. So when I say it's contained to the cities, I don't know, this seems to be something that might grow legs. And I know they're organizing a march no Kings protest. I think that's all tied together. Sam, your thoughts on ice? Are you seeing it in Georgia?
Oh, yeah. When I got back from Tampa and that work trip, there was ice accumulating on the roads, on the tree branches, everywhere. Definitely, definitely against that.
But no, the only thing that I've seen that really got my interest about the protest recently was maybe a national day of protest happening Friday, which would be the day before this initially airs. And I was wondering if you had seen anything about that.
I saw something about a. I don't know, I'm trying to think what I read. I, I but I didn't catch the date. So is that Friday? That's Friday the 30th. I'll see what I can dig up, but it looked like that's what the date was going to be. I'm excited. So, Anthony, apparently we don't have to go to work tomorrow. I, you know one thing.
[00:19:00] Speaker C: We're going to go to work tomorrow anyways.
[00:19:02] Speaker A: No, no, no, not no. What do you think of work? I don't like it.
I work every day, Anthony. Even when you think I'm sleeping, I'm up working I'm going to start texting you what I'm doing at different hours. So you see how weird my sleep schedule is.
[00:19:16] Speaker C: I'm like, I've done that email.
[00:19:18] Speaker A: Yeah, but you don't see them the next day. I need to start like texting until you have to address it and pick up your phone. So, speaking of bats, here's something funny for you. You know, I think when, when our central bank digital currency arrives, I think it has to be ushered in by some sort of event.
So. And the obvious glaring one is World War iii, you know, if China invades Taiwan.
And I don't want to get too far off the track because I want to remember my thought here, but apparently there's military vehicles gathering in Beijing. Are they getting ready to overthrow G Ping? What's going on in China?
China, they really seclude their news. So I've only gotten bits and pieces so far, but there's a military buildup in Beijing as we speak. So there might be some overthrowing of the government over there. I guess that's yet to be seen. But you know, China and Taiwan, China and Russia get together and fight us over Greenland or Iran or whatever. World War 3 is the obvious caveat to, to make change the other one.
Jason over at Joe's show talks once in a while about how Covid was the perfect mask. Now all of the debt problems are because we had to spend because the poor people couldn't go to their, their office. They weren't, you know, systematically important. They weren't too big to fail. So we had to send them stimmy checks and we had to increase the quantitative easing.
So I don't know. I mean, Covid too. I read that there's a new bat born virus called the Nipah virus. Apparently there's like a hundred people quarantined right now. It's in India and Asia. So I. And you know, is it going to get here? Probably not. I mean, I'm hopeful that it's not. But I want to bring it up just so we can say we said it first if it gets here. But I would say a global pandemic or World War 3 is the only thing that might usher in the new world order in this country and others.
So Sam, I saw you put on the board that it is a national day of something or other on the 30th. Let's see here. Friday, January 30th, national shutdown.
No work, no school, no shopping. Stop funding ICE.
Now over 250 actions, 46 states, over 1,000 organizations.
Well, that's great. So if you're looking for something to do tomorrow, don't stay home.
Don't. Don't leave your house.
I. I don't know. I mean, what. What is going to grow legs and get out of hand? I don't know, but it sure seems like we are. It wouldn't surprise me at all if we jumped to our 10th pillar, which is civil. Civil war, civil unrest. You know, I really think the nation. You know, Marjorie Taylor Greene, if you're still one of our listeners, you talked about a national divorce. I. I don't see any other way. I think sooner or later you have to pick sides. I think it's not going to split in half like the north or the south or the east and the west. I think there will be red states and blue states, and I use that term politically on purpose, but it's a general term. And I just think that we're too far apart. I don't know how to get it back. I just don't.
So I don't know.
Anything else on. Do we need to talk anymore about Minnesota? I think if you really want to get to the bottom of it, it's. It's all a setup.
Elon Omar, Ela. Whatever her name is. The Minnesota person being squirted with apple cider cider vinegar. It sure looks like it was a setup. When you squirt somebody with an unknown fluid, the first thing they would do is rip that sweater off. They would run to the bathroom, they would wash it off. She continues her speech. There's some, you know, some stuff circling around social media showing that she knows him. There's pictures of her with him. Is it AI? How would I know? There's another example of why AI is promising and wonderful and scary and dangerous, too. So I don't know. But you know what, Tom Homan. Anthony, do you know who Tom Holman is?
[00:23:25] Speaker C: I do not.
[00:23:26] Speaker A: Sam. Tom Holman.
Bovino, any of these names. Okay, Tom Holman. Do you remember when we had Biden as. As the figurehead of our presidency? Not that long ago, like a year ago or so. So Kama Kamala. Kamala Harris was our border czar. She was in charge of making sure the border was closed. And she said it was. She said, who are you going to believe? Your own eyes are me. So Tom Holman is like her. Tom Holman is in charge of our border. He's in Minneapolis right now. So Tom said yesterday he's going to get to the bottom of who's exactly funding this. How is all of this happening? When people are busy, they go to work. That's another thing about the nurse in Minnesota. I want to know were you there out of the goodness of your heart to help people or were you paid to be there? Are you making a living being a protester?
And I want to know who's funding you. So Tom Holman. I say he's going to get to the bottom of that. You know what, Tom, if you're listening, I would start with Neville Roy Singham. If either of you, if you haven't heard of Tom Holman, you certainly have not heard that name. But pencil it down. Look up Neville Roy Singham from Shanghai, China. He seems to be like George Soros on steroids. So look at that name. See what you think. But I think this is all a sham and this is all part of the precursor to how over the next 20 years I don't have to deal with it, you two do. Over the next 20 years, the nation becomes divided. You know, we're the end of our and this is our 250th anniversary as a nation. So I think this is about it. I think we get to about 275 and then we all go. We all die of the Nipah virus and the civil war. So I know we're close to break time.
During the break, I will check on Joe and make sure he's not down with any sort of virus or Covid 2. So hopefully he comes on. If not, we'll shoot for next week. But I'm super excited to ask him about all this flurry and precious metals activity.
With that said, Sam, should I take us to break or should I cover one more thing?
It looks like we have two minutes. Well, I think what I'm going to do is I'm going to do what I'm told.
I don't do enough of. Let me give you a call to action. Let me spell out what we want you to do. We love that you listen. We want you to be aware and awake and nimble. We want you to be proactive, not reactive. We want you to be prepared, not scared. We also want to meet you. We want to be a second opinion on your finances because our day job, as Anthony points out, every week we are financial advisors.
So we can help you. We can be a second opinion on your financial statements. We, we can help you ascertain your risk tolerance. We can educate you on wealth transfer to your for legacy and inheritance needs. We can talk to you about long term care and how to cover that need without doing traditional long term care insurance.
Coming back for the break, if you wanted to, I'll read the national average on what you're going to spend if you need long term care insurance. We got that from a woman this week. She brought in a sheet that said the new numbers staggering, you know. Well, actually I would say it right now. The cost in a nursing facility for 2024 was $127,752 a year.
That's pretty pricey. Even if you've got a couple million bucks, you get eight years of cognitive impairment and you're going to go through it anyway. So come see us. We want to help you. One person, one couple, one family at a time. We are at 623-52-30444 or you can email us at team anothermoneyshow.com. we would love to meet you. We'd love to sit with you. We'll keep it financial if you wish or we will solve all the world's problems if you wish. We will be right back. And as always, thank you so much for being with us. We appreciate it.
[00:27:09] Speaker B: Well, Junior and Anthony need a quick breather. So refill that coffee and get ready to level up your wallet. This is another Money show.
At Rochford and Associates. We know you've worked hard to earn your money and you've worked even harder to save it when it comes to wealth management and planning for retirement. JR Rochford and his team of specialists have been helping individuals, families and business owners find financial freedom at their veteran owned firm for more than 25 years. Give us a call now at 623-523-0444. That's 623-523-0444.
Welcome back to another Money Show. To schedule your free, no obligation consultation with JR and Anthony, visit another money show or call 623-523-0444.
[00:28:15] Speaker A: Welcome back to another Money Show. Thank you so much for being with us. As you know, we greatly appreciate it and I mean, hopefully you find this show entertaining and a little bit informative. But do keep in mind, we want to meet you. We are financial people for a living and we want to meet you. I listen to different financial shows every single weekend. I've got a few that I really like. I've got a few that I listen because I don't like them.
There's, there's one that, that and I got to be really careful here because I, I don't want to say too much that even identifies them, but they rip off stuff from another financial show. I don't even know if it's still on. There's a guy named Ken Murray that I used to listen to all the time on the radio and I'm not sure he's still on. I just, I kind of forgot, you know, when, when I stopped finding him.
So, yeah, a guy heard last weekend directly stole one of the quotes that Ken used to say every week. And it kind of made me angry. And this guy has a pretty heavy quota or minimum, whatever you call it. I mean, you can't see him unless you have at least a half a million dollars. So. Good on you. That's, that's good work. We have made our life's mission to help people. We don't care if you're on a true fixed income and you need help getting by to get foods and medicines or we don't care if you're a multi, multi millionaire. We want to be a second opinion. We want to assist you if we can. We know the risk level right now in this world. We. And you know, Anthony is an engineer by trade. He came into the practice with a engineering degree and many years of engineering experience. He's pretty smart. He's not the best looking guy. People used to call him the office candy. But as he ages, his beard gets scraggly. He sometimes he scratches his beard when it itches with the microphone. It's really creepy anyway, but he is smart. And I have been in the office for almost 30 years.
So how I look at it with Anthony, being young and tech savvy and having the longevity to be with you and your kids and my experience, what I've seen in the world and with my ability to research, I think we've got you pretty covered. So we want you to come in, we want to meet you. Moving on. Right before the break, I talk for a second about some of what we do. You know, we do legacy planning, we help you figure out how to position your assets with long term care. We are both, we take our training, we still do our ce, we're both certified to offer long term care insurance.
So. But we're not a fan because we know you'll pay for it for five to 10 years and then they will raise your premiums until you leave them. So it's a, it's not a, it's usually not the best solution. And we know your only choices are you either self insurer, which means you have a lot of money or you buy insurance or you spend down your assets and you use all tax in Arizona. So we know those are your choices.
We look at all of the possibilities. We look at reverse mortgages. I've only seen it work out what I would say optimally twice in my almost three decades in the office. So I'm not a fan. I'll start with that. It's normally not your best option because usually when you get to the point where you need caregivers you know the best thing to do is downsize and then take that money from the sale of your primary residence, position it safely to protect and grow in that order and then take care of yourself. So we're a bigger fan of that. Maybe sometimes the kids can help you. Maybe it's accommodation. I will tell you if you have thought that you don't have to worry because you're 65 or older and Medicare will cover you that is not the case. Medicare will cover you. I believe the rules are still for up to 21 days if your your need is in conjunction with a hospital stay. So as long as you don't mind the government taking care of you for three weeks I would talk to us the sheet that I was given this week the monthly medium costs in the USA so this is a national average from 2024 home health care with an aid so you have somebody coming in taking care of you 40 hours a week. The average so half is higher is $6483 a month if you need to go to an assisted living facility. I think nowadays they prefer the term community.
It is 5,900amonth if you need nursing home care.
Semi private room on average $9,277 per month for a semi private. If you want a private room it goes up to $10,646 a month. That is just caregiving. That is not your meds, your deductibles, your CO pays your part A and B premium your blah blah blah Irmaa if you're a high income person.
So if you need help with that stuff let us help back to the world. Joe is not going to make it. I, I am so sorry because I was so looking forward to this. But when you look at the world around us right now he is busier than he's ever been and again I've listened to him for at least 15 years. He's never had this much activity going on. So I get it. So we will reschedule Joe and you'll have to put up with Anthony for the next 20 or so minutes.
[00:33:36] Speaker C: You don't know how time changes work. You guys never discuss that part.
[00:33:40] Speaker A: He lives in Arizona, Anthony. That's kind of on him. Let's not say you guys didn't discuss it. I said we recorded 11 o' clock Arizona time. We never change. We've been on four years. This would have been his fourth or fifth appearance. I'm going to throw Joe under the bus so hard. Joe, if you're listening, my apologies, but this is on you if it's a time thing to not me. So anyway, and I actually don't think it's just the time change. You know, Joe does more than one radio show. He, he does the Patriot Radio News Hour in Phoenix. He does the half empty cup of Joe in Colorado. So I mean, you know, he and Jason are kind of busy on air and they own a precious metals company and they're, they're taking part of the direction towards cryptocurrencies which believe me, I understand because whether I like it or not, whether I understand or not, it's coming. You have to look into the stable act and the genius act. Sounds like us, doesn't Anthony? Stable and genius. You're the genius. I'm pretty stable. So if you look into those, you know what's coming. They've told you they last summer or whatever it was two summers ago there. No, last summer they told you it's coming. Read the genius act. We are going to have a central bank digital currency we are going to use, we're going to use stable coins backed by US Treasuries. So our new currency, when the fiat currency fails, which I expect to be within the next year or two when our dollar goes away.
Welcome to stablecoins, which is air. You don't get a coin to bring out to Walmart or Mr. Pickles for a sandwich. So stablecoin, which is air backed by Treasuries, which is I would say almost worse than air because everybody thinks it's safe.
It's not as safe as it was when I was growing up, but it's still, it's the cleanest shirt in the dirty laundry. It's the least stinky garbage in the dump. I mean use your analogy. But the rest of the world is done with us. The BRICS nations unveiled their new currency, I don't know, maybe six weeks ago and nobody's talking about it. The name of it is the unit and it is gold backed. And they are going to allow the member nations to trade with their own currency with a gold backstop so they have the right idea we do not. And by the way, when our fiat currency fails, this is going to be global. The renminbi, the yuan, the yen, they're all going to go the euro. The entire world is in trouble financially. We, in this country, we're too busy with TV and sports. You know, the big, the big, the big coliseum's coming up, right? February 8th or whatever it is. We got the big bread and circuses coming up. I believe it's Seattle and I don't know who it is. Patriots or some ridiculous thing.
If it wasn't the Bills and the Bears, I lost all interest. That's the only way. I want bread and circuses with the bills of the Bears, but apparently it's some other teams. So enjoy. I mean, keep your eyes on that. Don't worry about your, don't worry about the bank, don't worry about the FDIC that covers your money only having 1% insurance coverage. Don't worry about that. Don't worry about the stock market hitting all time high after all time high when the world is somewhat literally on fire. Those things shouldn't matter to you.
So let's see. You know, one of the things we're doing, instead of tackling the Festivus Report all in one week, we decided just to read a line item or two each week. I want to get to that right now.
This one's a little bit longer, so I'm only going to read one today instead of two.
This one, the one we read last week, we read a couple. One of them was 1.9 million in reckless spending. This one's stepping up a hair. This one is 40 million.
Let's see here. The cat is out of the bag. More and more studies are revealing how wearing a mask and getting vaccines do little to stop the spread of COVID 19.
For example, in the case of mask mandates, researchers who conducted a meta analysis found they have no significant impact on curtailing the spread of COVID 19 regardless of type of mask studied. Also, as we speak, the pharmaceutical giant Pfizer is being sued in Texas over allegedly misrepresenting the effectiveness of its COVID 19 vaccine.
HHS, what is that? The Health and Human Services gave the national urban league 20.9 million for its Project Wellness Vaccination Coverage program. The plan was to build coalitions in 20 urban league communities, assemble a curated vaccine messaging toolkit and turn barber shops, churches, mosques and community centers into pop up vaccination sites. There's where your tax dollars are going, kids. It's not just to Ukraine. I almost said Urine. What does that mean? And it's not just going to Ukraine, it's going to barbershops too. They also attempted to categorize every resident's attitude towards COVID vaccinations on a scale, one of the qualifiers being those who are unsure and can be converted to adoption. The organization goes on to claim decades of broken public health policy and mistrust could be reversed with another round of their magical woke government funded messaging. Their residents may not have wanted a vaccine before, but receiving a message from a cultural, culturally resonant and relevant influencer will definitely turn the tide. I want you to remember all this, a little more to this, but I want you to remember this when the NEPA gets here that they're going to do the COVID 2.0. They're going to do the vaccine stuff again.
So a couple more things here. Unidos Unidos US was given 20.9 million for its Esperanza Hope for All campaign, a sprawling influencer and media operation designed to push federal vaccine narratives to Latino communities. Their website is still a time capsule of Biden era Covid dogma filled with talking points on masks, social distancing and MRNA vaccines that have aged like milk were even questionable when first posted one last sentence here. Together these grants created a coast to coast messaging machine where influencers, coalitions, mobile events and virtual town halls and armies of trusted messengers repeated the same pandemic scripts that turned out to be misleading, overblown or outright inaccurate. Taxpayers got charged nearly $42 million for the privilege of being lectured by celebrities and community committees that insisted vaccine hesitancy could be solved with more toolkits, flyers and talking points from the same institutions that caused the mistrust in the first place. News flash. The same message coming from a different platform is still the same incorrect message. I don't like some of what I hear. I haven't gotten one of these texts or messages. I don't, I don't. When they talk about certain communities, there's another.
I'm going to tie this in with the fact that I think when we have a national divorce that though these things are all going to go to the blue states because I think a lot of people, they're, they're, I don't care what they're exposed to. They're not about to change their mind. They're, they're kind of relieved if they didn't get vaccinated. At this point, we are seeing younger people getting more and more cancer. I mean, there's, there's, I Don't know, very scary. We had a guy in the office yesterday who's been a friend of mine For a while, 52 years of age with pretty heavy duty cancer and I'm just, I don't know. I did, I did ask him and I know him well enough I asked if he was vaccinated. He said he got the first, first two and then it started to concern him. So he got two vaccinations several years back. So I don't know, I just, I hope that's not why he's got cancer, but it certainly seems like it could be. Should we get into a couple articles? Why don't we talk about this for a second?
Anthony, you sent me an article and I'm, I'm sorry I didn't get a chance to read it yet. I just opened it yesterday. But it, I, I thought we're gonna have Joe too. So I, I didn't add any to my article stack apparently. Do, do you remember? Either of you might or might not remember this. Under Obama, Obama was going to change financial like retirement planning and saving for the younger generation. If you look up something called my ra, it was capital M, all Y, capital R, capital A. He was going to have people invest in kind of like a, A I, I don't know how to say this like a, a alternative to the Roth ira. It was going to be Obama's Myra the.
Yeah, yeah. The only thing you could invest in though part of why it's not still around. I have a feeling the only thing you could invest in was government Treasuries.
If I remember correctly, you had no other alt alternatives. You couldn't do stocks and bonds or Bitcoin or gold and silver. You had to do government Treasuries. So talk about stupid, short sighted, narrow focused ridiculousness. That's what that was. You know when it first came out I wanted to be optimistic. I mean I was like, you know, anything that helps the middle class get ahead. When Senator Roth in 1998 I believe it was, came out with the Roth IRA, it was because we're not saving enough as a people. The rich are getting richer. He knew that the poor are hovering, the middle class needs some incentive. So he started letting us do a Roth IRA and giving us some deferred, you know, tax free growth and eventual tax free, even dividends and interest. It's, you can only put in like two grand when it started. Now it's what, 8,000, 8,500. So this Myra was going to be a poor person's version I'll put it that way. It was meant to be little bits of money, but it was to pay down the debt too. So big failure on that one. So that's gone. But apparently Trump, and I think what I'm knowing so far is if you're born in the United States, if you're a citizen, so obviously this, this could get into more immigration questions and racial lines. If you're born in this quest in this country, he's going to put it, what, a thousand dollars for each baby? You know, and, and Donald, you, you know, I mean, if you're a listener, you know, we're 38.6 or so trillion in debt, right. Where are you going to get money for every baby born to get a thousand dollars? And now I guess JP Morgan Chase and Wells Fargo, I guess the big banks are going to match it. Is that what the article said, Anthony?
[00:45:06] Speaker C: Yeah. There's a lot of corporations that'll match for their employees.
[00:45:11] Speaker A: I like that. But how is the government giving away this money?
I mean, if the people want to start a baby account with a thousand and people step up to the plate and match it, bring it on. If my tax dollars have to start it, don't bring it on. Pretty, pretty clear on that one for me.
[00:45:27] Speaker C: Well, I also love that they're going to do this instead of actually paying their employees a wage that they can afford to have families. So the government's going to subsidize it with a thousand bucks. That's not going to do anything.
[00:45:40] Speaker A: Do you think younger workers should have a living wage?
Are you a socialist? Do you think I'm going to get you started today? I am.
[00:45:49] Speaker C: But I only believe in socialism for large corporations that are too big to fail. So I want them to have my tax dollars while not paying their employees. I feel like that's only fair.
[00:45:59] Speaker A: You need to channel your in inner Andrew Yang and Bernie Sanders. No, and I mean, I want people to have a living wage too. I want the future to be okay for everybody, not just wealthy people. So I'm, I'm on board with you sometimes.
Sometimes I'm not. Anyway, I'm, I'm gonna coin this. I'm gonna. Maybe I need to get a trademark before I say this. You know, like the Teflon Dow. Feel free to use that one. I think I started it. I'm gonna call this the Trump baby bump. I think this Trump baby bump, we're gonna put a grand in for every baby. So good on you.
[00:46:31] Speaker C: 401Ks being, you know, fed in to the Market every Friday for employers. Isn't this just another way for the US to keep floating the market?
Because where exactly is this money going to go? Is it going to go just into Tre Treasuries? It looks like right here it says I'm on their site. TrumpAccount.gov funds will be invested in a diverse portfolio of low cost index funds designed to maximize long term growth while minimizing risk. So do you get to choose those funds? Do they choose those for you? It doesn't say.
[00:47:04] Speaker A: It'll be interesting to see. So apparently this has not started yet, is that right? This is just at this point, a.
[00:47:09] Speaker C: Proposal saying July 1st, 5th of, I'm assuming 2026. Yeah, July 5th, 2026.
[00:47:17] Speaker A: So Anthony, I mean, I know your mom has been talking about wanting grandkids for a long time. Maybe this will get you off the, off the dime, get you popping them babies out so you can get the, the Trump bucks.
[00:47:27] Speaker C: Oh, good. So that'll pay for one week of daycare.
[00:47:32] Speaker A: Yes, exactly. Actually, that's probably not that much of an exaggeration nowadays.
[00:47:36] Speaker C: I don't think it is. I think I've got friends with little ones and I have no idea how they afford to get by. I mean, they make decent livings, they were doing fine, but now they got two kids and I was like, I, I don't know, you do it.
[00:47:49] Speaker A: I remember your mom being a teacher and me being an honest financial person without the pressure and quotas of the big firms. I remember thinking, we, I, I worked hard enough to, to do okay. And I just remember thinking, you know, this is tough sometimes. And we, for us, I don't know, it was like maybe it was five or six hundred a week when Jay was a little teeny tiny. And I just remember thinking, that's insane. You know, that's insane. And we both have to work, but then we work and then we have to give this much money back because we can't be there to raise our son.
So I'm not sure the answer of any of this stuff, but I think since we're printing money again, it'll come, it'll be, we'll be fine. It'll be all right. Apparently Amazon, they're cutting 16,000 jobs right now, UPS cutting 30,000 jobs.
So. Wow. I mean, everybody says how strong the economy is. I'm not really seeing it.
You know, let's, let's go into Minnesota for a second again, not back to little Somalia.
One of our friends, Michael C. In Sun City, sent a couple articles and this just kind of ties in with how I don't think the economy is quite as strong as we think it is. Here's two different articles, one from Star Tribune on the 20th and one from KSTP.
Says here Hennepin County's hospital aims to cut $50 million in costs amid dire financials. The other one says Hennepin health care is in crisis Mode. At least 50 million in cuts needed by the end of the quarter. So that's by the end of March. This, this is, I mean, hospitals, a lot of things are struggling, so. But they keep saying how great everything is. You know, they didn't raise interest rates yesterday. I know we all expected them not to. It was baked in. Whether you want to say a certain percentage of that was political because Powell's being sued by the Trump administration. Powell's out soon anyway. Powell's, you know, putting his feet down. But part of it, too.
The government may be crooked, they may be feckless, worthless, weak, all that stuff, allegedly. But they're not as dumb as we give them credit for.
They're hovering with their finger over the reset button, just waiting for Covid 2.0 or World War 3 to usher in the new currency, let the fiat currency wash away. They also know the reason they couldn't cut interest rates yesterday was we have a little juggling act on our hands with inflation.
So you want to lower interest rates. I get that. If your second largest line item is the interest on the national debt, it's going to tip. You can't afford it for much longer, whether that's six months or six years. How would I know? I don't even have a crystal ball. But I can tell you that they need to get interest rates down to pay less interest on the money that we either printed or borrowed. It's also, we could go into hyperinflation. When I talk about other countries that have had their fair share of trials and tribulations, we're really not one of them. We literally, you know, we could be Venezuela pretty much like they were like overnight.
They were a successful story. They were parallels to the United States of America, that Hugo Chavez and his endless oil money, people getting nice cars and cell phones and all this stuff. And all of a sudden they were eating fine farm animals than eating domestic animals, emptying the zoos they had to line up by the border to get foods and meds. They're still in deep trouble. Luckily, we're taking them over.
Apparently we are going to take over Greenland. And then, remember when I said Trump floated Canada in the beginning of this, this presidency term that's back on the table. This, we're narrowing in on Alberta. So apparently Alberta, Canada is kind of a consistent conservative area in a vastly liberal Canada. So maybe we'll make just Alberta the 51st or 2nd or 3rd or whatever state of the United States. So welcome. If we have to start saying, you know, pronouncing things differently, I'm, I'm willing to learn. I, I guess there's no reason to dig into these articles from Michael C. But it just, you know, these hospitals in Minnesota are broke. I hope none of that's tied in with fraud. I hope it's just mismanagement and the cost of living in health care going up. Michael C. Also sent me an article this week from foxbusiness.com Wall Street's Texas move gains steam as the New York Stock Exchange Texas hits 100. A company milestone. The New York Stock Exchange quiet expansion into Texas is gaining rapid.
Is gaining rapid Trans traction. Geez, I need reading glasses. With NYSE President Lynn Martin revealing that more than 100 companies have already dual listed on the NYSE, Texas is in under a year, a milestone that underscores Wall Street's accelerating pivot towards the Lone Star State's pro business climate. Oh my gosh, are we out of time already? Well, one more time, I want to apologize that Joe did not make it on today, but we'll talk to him and we'll get this figured out and have him on as soon as we can.
We will see you next week. Anthony, do you have anything else before we wrap it up for the day?
[00:53:23] Speaker C: No, I was really looking forward to that Silver talk, so that'll just have to wait a week. Anyways, that's it for today's show. If you like what you heard, have questions about any of the topics today, especially different time zones, or you want to sit down with us to review your personal financial situation, you can reach us at
[email protected] find us on the web anothermoney show.com there's a contact button there. There's a way to book appointments right from the, from there. And we got flexibility too. So if you don't find a date or time on the website, reach out to us at 623-523-0444. The number again is 623-523-0444 and we'll fit you in. We would love to meet you. Remember, there's no minimums, no cost for appointments. It's really nothing to lose by getting a second opinion on your financial situation. We'll see you again next Saturday at 5am and noon right here on 960 the Patriots.
[00:54:22] Speaker B: Thanks for listening to another money show. You destroy reserve 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.
[00:55:01] Speaker C: Hi, I'm Anthony Crail, co host of another money show airing on 960, the Patriot, Saturdays at noon and partner of Rochford and Associates in Sun City. If you've heard our show, you know it's more news based and how current events could affect your finances versus an hour long infant infomercial. Well now it's time for that infomercial. But I don't need an hour each week to tell you what I can say in 60 seconds. The key to a happy retirement is income. Income, income, income. Clients with low assets and those with high assets all have one thing in common, a fear of running out. Assets come and go. Income is forever. Self funding pensions is the key to a happy retirement and we can help you do it. Reach out to us at 623-523-04.
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