Barn Talk - Craftsmanship Decline, Economic Frustrations, and the Struggles of Today's Youth

Episode Date: May 20, 2024

Welcome to Barn Talk! We have a fun and fiery lineup of topics for you today. We’re starting with a real knee-slapper about a mix-up involving dams and water control—talk about miscommunication at... its funniest. From there, we dive into some real-life frustrations. Tork’s got quite the story about dealing with a stubborn fridge and a washing machine that just doesn’t know how to behave. Seriously, where’s the craftsmanship these days? We’re fed up and we’re not shy about it. But that’s just the start. We’re also tackling some big issues—how the pandemic’s rocked the American economy, the shrinking middle class, and what’s up with the housing market thanks to the baby boomers. Plus, we take a hard look at mainstream news and the political scene, including some thoughts on the upcoming elections that might surprise you.And there’s more! We’re talking market updates, China’s tariffs on our crops, and all the chaos that brings to the table. But don’t worry, we throw in some light-hearted chatter too, from moonshining stories to farming during unpredictable weather and even preparing for zombies. Yep, we keep it interesting. Use code BARNTALK for 10% OFF your next order https://farmergrade.com SUBSCRIBE TO THE PODCAST ➱ https://bit.ly/3a7r3nR   SUBSCRIBE TO THIS’LL DO FARM ➱ https://bit.ly/2X8g45c  SUBSCRIBE TO BARN TALK CLIPS ➱ https://bit.ly/3BlZnqq   LISTEN ON: SPOTIFY ➱ https://open.spotify.com/show/3icVr4KWq4eUDl7Oy60YMY  ITUNES ➱ https://podcasts.apple.com/us/podcast/barn-talk/id1574395049 Follow Behind The Scenes👇🏻 ● This’ll Do Farm Instagram ➱ https://bit.ly/30KPBNk   ● Barn Talk TikTok ➱ https://bit.ly/3qciekS   ● Sawyer’s Instagram  ➱ https://bit.ly/3BtX0n4   ● Tork’s Instagram ➱ https://bit.ly/3LGZJxS    00:00 Support the show, share, review, visit the website. 07:23 Ultra low interest, high silver market excitement. 11:39 Investment in the future of Iowa farmers through exports. 16:50 Inflation rising, interest rates expected to increase. 24:34 Prosperous economy seen as greatest in history. 27:26 Wealth shift due to baby boomer transition. 34:36 Uproar about education, funding, and tax concerns. 41:41 Elderly man mocked; AOC and insults. 47:07 Biden administration faces a dilemma in the Middle East. 49:00 Media misrepresents Israel-Gaza situation, Egypt's role overlooked. 54:11 Israel is likely to eliminate but avoid killing innocents. 01:00:35 Frequent back and forth between house and garage. 01:04:52 Choose bigger bearing, uncertain load, house value. 01:13:43 Young people need to be financially savvy. 01:14:58 Gratitude and well wishes to farmers. ------------------------------- ***PLEASE NOTE*** Barn Talk is a significant break from the typical content viewers have come to expect from This’ll Do Farm. Please be advised that we will be exploring a wide variety of topics (some adult-themed) and our younger viewers (and their parents) should be advised that some topics will be for mature audiences only. ⚠NO FINANCIAL ADVICE / DISCLAIMER⚠  The Information discussed and shared on Barn Talk is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or success for any particular purpose. The Information contained in or provided from or through this podcast is not intended to be and does not constit... Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:00:00 All of the food we eat and much of the clothing we wear comes from plants and animals that are raised on farms. Farms are different in type, in size, and even in name. Welcome to Barn Talk. What happens at the barn? Stay's in the barn, but not today. We're going to let it all out for you guys. Today is going to be a Barn Talk hot topics episode. We're going to talk about all the crazy crap going on around the world, whether it's in the United States or global. We're going to give our honest thoughts and opinions on it.
Starting point is 00:00:42 If you get any value from the show, share it out with who you know. The more that you guys do that, the more the show grows. The better guests we can get on, the more episodes we can make. You can also feel free to leave a review on Spotify or Apple. That gives our show a lot of credibility and helps us get better guests on, higher-level guests on. And we're swinging for the big ones, trying to get them here to southeast Iowa to have a conversation with us. Last thing you can do to support Barn Talk and what we do here on the show is you can go
Starting point is 00:01:11 support our direct-to-consumer meat business. Farmergrade, farmagrade.com. We're running a special right now for Memorial Day coming up, Memorial Day weekend. For every $100 spent, you get a free pack of hot dogs, and if you spend over $250, you get a free pack of Wagyu Burger Paddies. So if you want to get some meat for your family for Memorial Day weekend, you're going to grill out. Check outfarmergrade.com. That helps us out here on the show tremendously. I don't know, I kind of flew all through that pretty good. You know, the farmer-grade hot dogs are wickedly good.
Starting point is 00:01:52 They are good, and they're good because they're not full of a bunch of crap. You know, it's the real, real meat from the actual hog. But you know what's crazy about it is, like, I got to admit, I wasn't expecting, you know, a hot dog's kind of a hot dog. You're right. And I wasn't expecting great things out of those hot dogs. I wasn't either, to be honest. And then I was a little worried. And I'm a, I'm a, I'm a, Oscar Meyer.
Starting point is 00:02:21 No, like a big fat hot dog guy, you know, whatever, ballpark, whatever. Yeah, yeah. And these aren't, these are more like your traditional, yeah, like Oscar Meyer, bun length hot dogs. So I wasn't, I wasn't expecting a lot. And they are kind of addictive. Yeah, they got a good snap on them and they got a really good smoky flavor. And I was definitely surprised when we got them in for the first time.
Starting point is 00:02:49 I gave them a whirl. So I recommend. So spending $100 getting a free pack. There's about eight in a pack. So pretty damn good put up on the grill. So definitely smokes the competition. Oh, I like that. Yeah, it does.
Starting point is 00:03:02 They are. They're damn good. How are you today? I'm good. I'm happy. Just finished corn. So corn is done. Corn is planted.
Starting point is 00:03:12 We did it in two hitches about two weeks apart, it seems like. And it was just barely dry enough when we started today. But it was a beautiful day. Plenty of heat, sun out, and ground was perfect for the majority. I'd say by... We started at noon, and by 2, 3 o'clock, it was, there wasn't any place that it was a little marginal. But we got beans left to go.
Starting point is 00:03:50 We're going to get going tomorrow morning. Hopefully, by Sunday afternoon, we'll be done with beans. And then there's a chance of rain on Monday. And it's been a weird, well, I don't know whether you can say it's been weird. and for a lot of people it's still going on because there's plenty of places that it's still wet and guys just kind of getting going. It's been a challenging year to get a crop in. We've had it just pretty cookie cutter the last about five years.
Starting point is 00:04:24 Yeah, I would say I can't remember a time where it's been this big of a pain in the butt to try to get in and start planting. Well, 1972. Yeah. Well, I wasn't around for that. Our neighbor wheeled in while we were loading the planter today, and he's got a fair amount left to do. But he's one of those guys.
Starting point is 00:04:47 He's not going to go until it's perfect. And so he had time today to drive around and see what everybody else was doing. And I was chatting with him a little bit, and he told me it was nothing to worry about because in 72, you had to carry a log chain on the planner tractor because you knew you were going to get stuck and we mudded it in and it was all right. We got some rains and still at least we're not there. Yep.
Starting point is 00:05:14 Thank God for that. I don't remember 72 very well. The thing about it is it wasn't, there's been no steady rain. It's just been storms. Yep. Hard storms, a lot of rain at one time, not just like a steady all day rain. Yep. So, yeah, the last rain that we got after we planted half our corn, we got, we got,
Starting point is 00:05:34 we got just a couple of tents and then it started getting dry enough and we were speculating about whether we were going to miss the storm that was coming and we didn't miss it and we got an inch in five ten or an inch and four tenths yeah so that's kept us out for a while it did and so we're kind of in a weather market which brings me to hot off the press the market update courtesy of the cat's grain in Washington, Iowa. These are off the close today. So March corn closed at 451.
Starting point is 00:06:13 Oh, sorry, that's not March. I don't know why I didn't, I don't know why I have that on there. It's actually a July contract closed at 451. Locally, 451. And 460 in Cedar Rapids, if you want to go sit in line at ADM. Beans 1226 for July. and Burlington had 1197 and Illinois side 1219. Wheat 652, bean meals $368 a ton.
Starting point is 00:06:43 Hogs, $9660. Cattle, $181, feeder cattle, $246. $2.46, however you want to figure it by the pound or by the hundred. Milk, 2110. And I think that is the, I think that's a June, I think that's a June contract. Crude oil, 80-30. Bitcoin's starting to work its way back up again, 67,000. Tesla, finally out of the shitter, although not, just can't get a lot of fire going on the old Tesla stock. They're offering about 1% interest, ultra-low interest on the Model Y, if you'd like to go finance one of them.
Starting point is 00:07:31 so they must be eating some of that because I don't know where they're getting money that cheap gold $2,418 and silver is $28.50. So I'm excited about the silver market because, as you know, I've contemplated many times just throwing it out because silver doesn't ever do anything. But I think that 2850, that might be like a high. That might be a high. I don't know what the high. I don't know when the last time silver was.
Starting point is 00:08:01 that high. So all you guys out there that just got bags of the old nickels sitting around, you got to be pretty damn happy. We got enough silver bullets. Do we? I don't know, maybe. Got a few. Somewhere. Got a few stash somewhere.
Starting point is 00:08:16 Could, we could, maybe, maybe not. You should always have some silver bullets. You should have some garlic, some holy water, some silver bullets. You know, have yourself covered in case the undead start to walk the earth. And, you know, we're going to talk about
Starting point is 00:08:31 shit today. As crazy as this world is, I don't know. Maybe it'd be a good idea to have yourself a little crop of garlic out there. I don't know. You may the undead may not be out of the question. Or the vampires. Yeah, well, I... Could have
Starting point is 00:08:47 an I am legend situation happen. I don't know. I just I tell you what, I just hope that if we do get the undead, that they're the slow ones. Not the World War Z ones. Nope. Because I got no chance. No chance.
Starting point is 00:09:02 Yeah, it'd be tough. I'm just hoping that I have some rare disease that they can smell and they're not interested. They're not interested. Great movie. It is a great movie. I need to watch them. They need to make a sequel or prequel something. Yep.
Starting point is 00:09:16 The guy standing at the door of the infirmary just sitting there chomping. That's a very, that's a very haunting scene. It is. Beyond Meat, 7.000. $1.26. I just had to throw that in there. If there's anything that's going to turn us into zombies, it might be that. Look at that. That was a great tie-in. Yeah, well, you know, this is kind of a late night. This is kind of a late evening episode because... It's 9 o'clock right now. Yeah. We don't typically do it this late, but we had to. My bedtime chime kicked in on my watch. Yeah, that's when you know
Starting point is 00:09:53 that you guys matter when you start getting into Torque's bedtime routine. I'm not even hopped up on mountain do because tomorrow night we have to go to a wedding shower and i really wanted to pour myself uh a whiskey but i thought ah you know what i'm not going to try to do a double header because tomorrow night there'll be a lot of uh there'll be a lot of toast and celebrating and a lot of celebratory gin bucket being flowing i'm making a about a four gallon batch of gin bucket so plenty time for that tomorrow so this is all natural this is just i'm just i'm just running on pure excellence and adrenaline. So what do you want to talk about?
Starting point is 00:10:37 Well, I think we kind of went over planting. I mean, a lot of progress. But next Monday, it's supposed to be rain. So everybody's kind of around this area is looking to get it all in. And shout out to the Nups for being able to do some custom work for people to get it in. That's pretty cool. that out on the good old Facebook. That was very generous of them. I mean, I'm probably, probably not doing it for free, but that's pretty cool. They got time to do it. They got time to
Starting point is 00:11:09 do it to help out a neighbor. So that's what makes farming in America and small towns awesome. So, yeah, everybody's trying to get it done for sure. But we'll just see, we're going to be good. I think we'll be fine. If we have a good day tomorrow, we should be able to get everything done and in, and that rain will be a good. And the heat, heat's already came. It's supposed to be hot tomorrow. Corn will be up in three days. Yeah, it'll be shit. We'll be good.
Starting point is 00:11:36 We'll be tasseling by July, 4th July. It'll be great. Hey, thanks for sticking with us. The Iowa Corn Promotion Board invests in the future of Iowa's farmers, just like us. Through their contributions to the U.S. Meat Export Federation
Starting point is 00:11:48 to grow beef and pork exports, they've helped Iowa farmers and livestock producers gain a positive return on their investment. In fact, studies show that the U.S. MEF programs for beef exports value equated to $397 a head, while pork exports equated to $64 ahead. Since 1979, the Iowa Corn Promotion Board's investment in the U.S. Meat Export Federation
Starting point is 00:12:14 has helped carry out market development activities in more than 80 countries. By adding value to every kernel of corn through pork and beef production here in Iowa, and then exporting to the global table, corn farmers see $174.84. Iowa corn acre return on their investment. For more information on how Iowa corn checkoff dollars are invested to increase your farm's profitability, go to Iowa corn.org. Now, let's get back to it. The market can't decide what's going on.
Starting point is 00:12:48 Today, early, I think corn was up 12 cents, and it closed down 5 cents because nutrient came out and they threw out their own estimate for the corn crop, the acreage, I think, at, I think the trade's guess is like 90 million acres and they think it's going to be 87. They think that we're going to lose that many acres. And nobody knows. I don't know. I think we're kind of right on that bubble where if we, if we, get enough gaps of good weather, people are going to get this crop planted and we're
Starting point is 00:13:32 not going to have much shift on acres but you never know and on the fringe, you know, when you get up in the Dakotas and out west, I don't know, we'll just have to see where it all shakes out. But
Starting point is 00:13:49 corn was a little bit higher than where it's at now because there was a lot of speculation about planning delays and what it was going to do to the yield and all that. And this week we've been working off a little bit. So I think until planning is done, until we get all the crop in the ground,
Starting point is 00:14:18 it's just going to run on pure speculation is about. And then when it is in the ground, then we're going to start speculating about something else. There's always speculation. We're always thinking about, is it going to go up? Is it going to go down? Well, when I was running cash flows early this spring, I was using the 475 number because I was like,
Starting point is 00:14:41 eh, that might be, I don't know, that might be as good as you can hope for. And now that I'm feeling a little more optimistic, although, as we'll get to, somebody read a poll somewhere in the Biden administration, and they decided that they better try to look a little harder on China, so they threw a bunch of tariffs on China, and that's never a good for ag, because the easy thing for whoever you're throwing a tariff on to do is go,
Starting point is 00:15:14 well, I don't think I'm going to buy any beans, or I'm not going to buy any corn, or I'm not going to buy any pork, whatever. We haven't seen that yet, but, The trade is, I think that story's floating around out there. So when we don't have anything else to trade on, they'll probably start trading on the chances of whether or not we're going to get retaliatory. Boycott the ag market. There you. Thanks for reading my mind.
Starting point is 00:15:41 Yeah. Boycott the ag markets. Don't buy any corn, soybeans, pork, any commodities from us. Yeah. All in all, though. I don't even know if they can do that, though. Who else they're going to get it from? Well, the other thing about the... Can they feed their population? No, they can.
Starting point is 00:15:57 But don't they have a lot in storage, though? Well, they do, but they got to buy it from somebody. I mean, that's all there is to it. We're pretty much to the point anymore where they're going to buy it from somebody, and if they buy more from South America, then probably that just means that we're going to sell more somewhere else. But the markets, how they... that how that plays out in pricing, you know, they can trade it, they can trade it whichever way
Starting point is 00:16:30 they want. And a lot of times, bad news is bad for the market. So if China does pull out of purchasing our crop, then it'll probably probably be hard on the market. So it's a crap shoot. What else is going on in the economy? Well, it ain't getting any better. So I think, I think the last hot topics we were on, I talked about inflation, how a lot of people were thinking inflation was going to ease, and then it actually went up, and the next month has rolled, and guess what, it's worked up a little bit more. And at this point, I don't think there's any chance that we're going to see an interest rate cut before the election. And I would be very surprised if we don't actually have a hike in interest rates. And it doesn't really matter because the 10-year
Starting point is 00:17:32 bond that a lot of mortgage rates are set off of, it keeps working up regardless of what the Fed does. Because, I mean, what's the Fed rate? Is it 4%? I feel like it's like 4%. Well, A few weeks ago, three weeks ago or whatever, you could probably go out and get 10-year money or, I don't know if you could get 15-year money, maybe. And you were probably looking at an interest rate. And we talked about this when we had Paul on. But, you know, 7%.
Starting point is 00:18:14 Well, now then it's 8%. And the Fed rate has a choice. change. It's just there's more uncertainty in the in the bond market and so that's driving up interest rates. And I saw a statistic. Oh yeah. So credit card debt is now at $1.12 trillion. So the average credit card balance is $6,200 now. Because people are stretched because your gas is higher. And we touched on this too, but I don't think, I don't have the statistics on this, but I would love to know, and I will find, I'll look this up.
Starting point is 00:19:10 There are a hell of a lot of people out there, and I don't know why, but that have mortgages that were on a fixed, they were on an adjustable rate mortgage where they were locked for so many years. Like three years. And then they adjust. Well, if you were on that game and they're adjusting anywhere near now...
Starting point is 00:19:38 It used to be all right, because chances are you're going lower. Right. But now you're going higher. Yeah. You can't do shit about it until that length is up. Right. You can't get out of it. And now then you're sitting there and you very well, you're talking,
Starting point is 00:19:57 you may be looking at interest rates that are three, four, five points higher, well, probably four points higher than where you were at. So the average home, did I put that in here? I don't think, I don't know if I did. Yeah. So the average home price in the United States now is $495,000 with a mortgage payment of around $3,000. And that payment can vary anywhere from $2,300 to $4,500 depending on how much money you put down and where you got it locked in. That's wild. That's wild. So the average American salary is $64,000. So that's a take home of about, what is that, like $5,300 a month, something like that? I mean, that's before taxes.
Starting point is 00:20:53 That's if you just take it, divide it by 12, something like that. I mean, I don't know. It doesn't work. It doesn't work. And I think that's, I think that's just everybody that I talk to and like, you can't, you can't live off that salary, especially if you don't, like, We're blessed living in a small town, and we see inflation just like everybody else. But it's, you know, we don't have asset values that New York City has or Chicago has or suburbs have, even cities north of us, you know.
Starting point is 00:21:30 And so the cost of living is a little bit lower. But, man, it's still going up. It's tough to be a young person right now. I encourage anybody to go look up. Scott Galloway. He's a really smart guy. He's a little bit more on the left leaning as far as his politics, but very real guy, very, very intelligent guy, started a lot of businesses, invested in a lot of businesses, had a really great life journey. I've listened to a number of his podcast now. And he's coming out with new books. He's coming out with a series of books about
Starting point is 00:22:08 life and money and making money and how to, you know, live in a better life, all that. But, you know, it was crazy. We had Paul on, and he talked about how interest rate, he'll, we won't ever see interest rates go back to where they were when I was growing up. Where I, like, that was a standard. Like, oh, shit, 3%. Yeah. What, 2.8%? 3.5%?
Starting point is 00:22:32 Like, that was like, oh, this is, this is easy money. Like, you don't agree. And like, for me, you know, there's, that's your perspective. Oh, this is great. Like, cash is getting along. owns easy. The interest isn't shit. Money doesn't cost you. No, it don't cost you shit. And now hearing that, and you hear Scott Galloway talk about the same thing. Like in 08, they bailed out the banks, but they didn't bail out the American economy. And you left the economy kind of tank a little
Starting point is 00:23:02 bit and people got out of business and it allowed young people to come in and, okay, if that mom pop bakery went out of business because the economy tanked. The young person was able to get an opportunity to claim that bakery and make its own. Whatever. Just an example. COVID happens. That same situation happens where it's a massive production pretty much stops or stops that goes down tremendously in America.
Starting point is 00:23:29 The economy goes to shit. But they bail out the economy. They bail about the American people and the large corporations kind of get a break. and all the stemmy checks come and you've inflated the dollar even more and you didn't give young people the opportunity like you pretty much held the economy up and stocks went up everything went up and he said i became the i was already wealthy and i became even more wealthy during covid because my stocks my investments it just made the the richer more rich and all the young people they're going to have to pay for that.
Starting point is 00:24:08 They're going to have to pay for what you did and essentially bailing out the economy. And he's the same way. You're not going to see interest rates. We lived in the greatest economic period from, I don't know, what do you say, 10 to 20? 2000. 2000 to 20.
Starting point is 00:24:29 Yeah, when you think about... Like that was the... About that's going to go down. down is one of the great he he has said that you know he thinks that's going to go down as one of the greatest economic periods in history yeah because of just how well the economy was how well people were thriving how much money was available for people to spend and how it was all just going back into the economy but now we're at this point where all this money's been printed they bailed out the economy chances of young people being able to create value or start businesses or
Starting point is 00:25:05 start a life, like, you're going to eliminate the middle class. And the middle class is what runs an economy, is what a thriving country needs. And he talked about how like, the middle class isn't a common thing amongst other great civilization. Like that, America takes the middle class very, it's for granted. Like that is the greatest thing that has ever happened to the American economy is having a middle class. Yeah. Because all those people in the middle class made good money, spent a lot of good money in the economy.
Starting point is 00:25:43 Yeah. Stimulated the economy. Yeah. Big time. And you're losing that. Mm-hmm. Big time. Yep.
Starting point is 00:25:49 It's the rich get, the rich have gotten richer and the poor have gotten poorer and the poor have gotten poor and the middle class is getting shrunk. Yeah. And the other thing you said is, you know, young people, if they don't feel like, they can get ahead, that's when you start to lose what makes your country, like they start losing faith in their own country. They start losing the fabric of what makes America,
Starting point is 00:26:22 America, and what makes them Americans. And I mean, yeah, he did a TED talk anyway, and it was a really good TED talk. It's like 18 minutes long. He goes through all these important statistics that will make you kind of shit your pants a little bit. bit. But a very smart guy, and I think what he's, what he has to say, I, I, you can, you can see the logic in it. You can see the logic in it. And he's very real. He's very real. He's authentic, which I like.
Starting point is 00:26:51 So, uh, I just thought that was an interesting thing I wanted to bring up since we're on the economy. And I think it's a very telling that Paul on here that's, you know, been in finance. Our last guess, he's been in finance his whole life, you know, or most of the, you know, or most of his life, right? Right. Saying, you know, we'll never probably see interest rates come back down to where they were. It just makes me think, damn, I wish I, like...
Starting point is 00:27:19 Started earlier? Started earlier. I mean, I couldn't have, but, you know, it's like, oh, as a young person, it's kind of sucks to hear that. Yeah. It's really interesting. I was listening to a guy about three days ago. And he was talking about how we're in a really weird place because we have printed all this money.
Starting point is 00:27:48 But at the same time, the financial institutions are going to go through one of the biggest reshuffling that we've seen in decades because the majority of the majority of wealth in this country is held by the baby boomers. And they are all transitioning out of... So when they got to the age where they started looking at financial products and investing and doing all that, there was so much money. And it goes with what you were talking about because they made so much money. and then they got stimmed and they got all this, all this free money, and we printed money. Well, that generation, they took that money and they invested it.
Starting point is 00:28:49 And there was so much money being put into the investment side of our economy and into stocks and into bonds and into venture capital and all of that, that literally these financial institutions, like, they were thinking up new products because they were thinking of, because they couldn't, like they couldn't, they didn't have anywhere to put all the money that was out there. And so we went through all that, and now then, that generation, they're retiring, so they're getting conservative,
Starting point is 00:29:23 so they're pulling all that money out. And then they have all these houses. They have all these houses that are paid for, and the house may be a little bit too big. Well, but the value of it is... The value is huge. but then they look at what they're paying for to buy something smaller, and a lot of them look at that and go, well, that's just stupid.
Starting point is 00:29:48 So they're not selling. This housing market, that's part of the reason why we have a shortage of homes for sale as far as existing homes and new homes. They claim that, you know, there's a shortage of new homes. But we've got to... this we've got this inflated dollar and at the same time that it's inflated, the amount of money, the amount of liquidity out there is actually kind of shrinking because that generation is taking their investments and they're putting in bonds and T-bills and conservative investments.
Starting point is 00:30:29 And they're playing like they've always played. Like they're playing like they were when they're like any, they're playing like a logical human would. They see what the times are. And they're going, well, they're pulling back. They're pulling back. Yeah. Because they're going to hold on to their shit because it's a terrible time. Yeah. So then that's just adding to the inflation. So you would think that because they're taking money out of the system that that would,
Starting point is 00:30:54 that would help cool the economy, you'd say. But actually, it's not that way because then you have the people that are, we're trying to reshore. I'm using my air, We're trying to reshor because manufacturing is coming back to the United States because of the uncertainty around the world. So there's a huge demand for capital to do the buildout for all this infrastructure that we're adding. And so the cost, there's scarcity of liquidity. So that's driving the cost of money up. And that's making shortages of products, which in turns make the cost of the value higher. so then we're just adding more inflation.
Starting point is 00:31:38 So it's just a really weird time. And I'm sorry that I probably went too long and bored you a little bit. But when you sit down and you start listening to people, there are so many dynamics right now in our financial system and in our economy that are unusual, that you can't look back and say, well, this is like this or this is like this. yeah there's there's certain parts that are like something that's happened in the past but it's never
Starting point is 00:32:10 been a time where this has happened and this is happening at the same time yeah i encourage anybody i mean i find it interesting uh and you know i think being financially financially literate is a good thing and I'm by no means an expert at all. But as a young person, having a little bit of an edge on understanding what's going on and how you can capitalize it or put yourself in a better situation, I'd recommend that to anybody. And there's a lot of conversations happening right now on a lot of podcasts, a lot of interviews, a lot of people just making content about it.
Starting point is 00:32:50 Definitely trust, you know, vet out those sources. but like I said, Scott Galloway, I think, is a great, great source. And his, the last thing I'll say about it is just, like, one of his huge topics that he likes to discuss is just, we got to stop focusing on old people, like this whole social security thing. Like, if the young people don't get going and we don't get this rolling
Starting point is 00:33:14 and they don't feel like happy to be Americans, the middle class breaks and falls out, like, we can be in trouble. And so, Social Security and old people and keeping the wealthy wealthy and the baby boomers boomers hoarding all their cash and keeping on to it. It's just not a good recipe. It's not a good recipe. It's unsustainable.
Starting point is 00:33:36 It is unsustainable. It is. That's 100%. Anyway, last thing, Iowa just passed a flat income tax, 3.8%. No estate tax. Yeah. Yeah. So they actually, they actually, I think they actually passed that.
Starting point is 00:33:54 flat tax, maybe in 2023, maybe last year, but it was like 5.25 or 5.75. And we've got a pretty good surplus here in the state of Iowa. And so they have sped up their timeline and they've dropped it to whatever that is, 3.8, whatever. And they got rid of, they got rid of, the death tax and the state of Iowa is actually in pretty good shape. I think it depends on who you talk to though. There's a big uproar about what they're doing on education, which trickles down to all the counties because like in our county, as we talked about a couple episodes again, property taxes have gone up because we can't get any teachers. And the starting salary for teachers has gone up as a response to not being able to get any. And so that's all got to get
Starting point is 00:35:09 for somehow. And the state has decided that they're not going to be the ones to pay for it because they want smaller government, and everybody that loves smaller government, you can't have your cake and eat it too, I guess. So everything's not perfect, but a flat tax rate is something that, you know, you can make the argument that the rich people pay less and the poor people pay more,
Starting point is 00:35:37 but I think everybody should pay some tax because it makes you, if that pisses you off, then maybe you'll get involved and i think it's a good idea that everybody pays something there there's this video going around the internet right now just speaking of this of this girl that was like so you're telling me that if somebody gives me five hundred dollars or i inherit five hundred dollars i have to pay taxes on that five hundred dollars and then if i start my spend any of that $500, I get taxed
Starting point is 00:36:19 on the money that I spend of that $500. And then the person that I paid that money to to buy those products or those services with that $500, they then have to pay taxes on that too. And she's like,
Starting point is 00:36:35 I just don't think we're ready for that conversation yet. That's how she ends the video. But it's just like, every fucking dollar is just getting, it gets taxed like, four times. Like, it's just insane. It is just insane.
Starting point is 00:36:49 Like, we have, we've talked about it so many times on the show, but it's just like, we are getting so fucking bent over and fucked. Well, over and over and over again. Like,
Starting point is 00:37:06 I just can't even believe. Like, when you really step back and think about it, and you know, when you grow up, your parents and people around you always are like, uh, bitching about taxes.
Starting point is 00:37:14 And you're just like, fucking tax. taxes. And you don't really get it until you become an adult. And then you really think about it. And like that girl, like she, it was really refreshing to see a young person sit there and like really talk all that through and then go, that just doesn't seem right. How is that happening? You want to know something that doesn't. And then the problem about it is the people that are supposed to do good with these tax dollars, most of it isn't helping us out in any way. It's not spent well. It's not. It's not. I spent well.
Starting point is 00:37:46 Yeah. Which is just pisses you off even more. Okay, I'm going to add to your pain. All right. So do you know that when you go buy a bottle of whiskey, a bottle of bourbon, 60% of the cost of that bottle is tax? That's insane. So when that bottle, when that whiskey goes into a barrel, they have to pay a tax.
Starting point is 00:38:17 on that. So Brown, so I saw a TikTok about it. The guy, I think he was the head distiller at maybe Brown Foreman. He said that they pay $3 million a week in tax because every barrel that they barrel
Starting point is 00:38:40 they have to pay so much per gallon. Okay, and then when that comes out So if they let that age for six years, seven years, eight years, ten years, whatever, when it's bottled, then at the store, that all gets taxed. So 60% of the cost. And his story was that, you know how they say that the only constants in life is death and taxes? Okay, clear back when Scotch, before there was bourbon, before there was America.
Starting point is 00:39:18 there was scotch made in scotland and the king decided that he was going to put a tax on the grain that went into a barrel of scotch whiskey and he went through the math of how many how many bushels of grain it took to make a barrel of and if you do the math, do you know what the tax was on that? 60%. So all through time, all this time, clear today, you're still paying that. 60% of the cost of a bottle of bourbon is tax. Does that make you want to get into that business? No, it totally doesn't.
Starting point is 00:40:09 It totally doesn't. I was like, holy cow. So that, well, so it makes sense why back in the day, guys that were moonshiners why that was such a big deal i always thought i was like who in the hell cared i know whether some hillbillies were making uh ever clear well that's why because they wanted the tax money because they weren't paying the taxes and it was such a big it was such a big deal yeah i before we started and i we were just talking about some stuff going on and i mean i i'm serious there's days that I just feel like
Starting point is 00:40:47 we're like in the upside down world because the obvious shit that is going on that are politicians and to some degree the mainstream news if you watch it
Starting point is 00:41:04 I mean it's so blatant it's like you know staring at a white sheet and it's like oh that's that sheet's black that's whatever it's like it's like it's theater. We talked about it a hundred time. It's theater at this point. It's like a Saturday night life skit. It just, it's real. Like you're like you're sitting there watching these clips. You're just like,
Starting point is 00:41:27 it's like, it's like when Biden's talking about he's going to debate Trump now. We're going to get into that. He said he's, he wants to debate him twice. And on the video of him talking about it and announcing that he wants to debate Trump, he's like acting like the tough guy. Yeah. It's like, dude, we're, we all fucking know you're an elderly. lost old dude. Like, your front of, like, trying to act like you're going to, like, really give it to Donald Trump
Starting point is 00:41:54 is just, like, nobody is buying what you're selling, dude. Nobody's buying that. And, like, AOC in this, I don't know if it was a senator or somebody was, they, she made fun of AOC's eyelashes on the floor.
Starting point is 00:42:10 And AOC, like, they got into, like, a, they sort of, like, chirping at each other and saying insults to each other and like like they were smack talking each other like they were going to go out back and fight in the alley and I was like what in the fuck am I watching right now like what is going on is this just the like this is a Saturday night life skit and then yeah it just gets tiring because it's like the problems the issues the shit that all Americans have expressed that are problems that we need to figure out and that are obvious
Starting point is 00:42:43 things. Not all of these things are obvious. Not all these things we know the answer and how to fix them. But some of the stuff is, we feel like. And it's just like, you can scream, you can holler. We can say it on this podcast a thousand times. But it's like at the end of the day, you just get tired of it. You're just like, yeah, you just do live in the upside down. It's like, dude, this is so obvious, but like nobody's doing shit about it. And it's, at the end of the day, we got to get those kind of people out. We got to. We got to set term limits. We got to get back to the old way of American politics where you go and you serve your country and then you're done. It's not a career. It's not a lifetime commitment.
Starting point is 00:43:24 It's not a way to get rich. If anything, you need to be dedicated, like, that's a sacrifice you put on the line for your country to make it better in whatever way you think it should be better. Well, you need to, it needs to be, we have to get back to having qualified people. working for our country. Yeah. We got to incentivize good people to want to get into politics which isn't incentivized at all anymore
Starting point is 00:43:51 because who the fuck wants to be a politician? First. Yeah. We need to get people that are real, doing real shit. Real shit. Real shit. Doing shit.
Starting point is 00:44:03 Yeah. And then go do one term. Get out. Do two terms. I'm fine. You can go eight years and you can't, get a job lobbying when you're done.
Starting point is 00:44:15 You got to go back home. Yep. Yeah. Hey, there's not much else to say about the Trump Biden debate. I mean, it is what it is. I just, I want the over-under. Like, I don't know what I would bet.
Starting point is 00:44:31 I think I need to go brush up on what the dosage is. But how much Adderall do you think they'll have Joe on? I think they've waited this long because they already got his clone made. they finally the clones finally ready you think clones are i don't think clones are i don't think they got it they got it figured out or neurolink just got implanted i you know what that's that's
Starting point is 00:44:56 that's the scary part is i could see i could see them just uh giving him neural link it definitely probably be an improvement i don't know he oh you know it's laughable that he's our president i mean it just is unbelievable. You know, there's all this shit going on at these campuses and these kids that are going to Ivy League schools, uh, protesting. Oh, something I was going to say about the debate. Sorry. No, go ahead.
Starting point is 00:45:25 But last thing. I don't know what, where they're going to stream the debates on, what media outlets, but CNN. Well, I figured that one. But if they, if they were smart and they wanted to like, really, if they gave a fuck about the American people, they'd host them. on like four different. Yeah.
Starting point is 00:45:45 You know, three different freaking networks and allow one bias to be, because we all know CNN, we all know CBS, CNBC, we're going to have Jake Tapter. Fox News. Like, we all know how those networks lean. So like, let them
Starting point is 00:46:00 lean on a right wing and have them doing a bait on a left wing. Like, yeah. And have the, what do you call them? Mediators be a little bit left, a little bit right. but that won't happen. They'll make it as easy as they possibly fucking can
Starting point is 00:46:16 for sleepy fucking Joe. We already know. Yeah. I mean, I don't know. The only, the only way, the only way that this deal works for Joe Biden
Starting point is 00:46:34 is if they can make some... Basically, their only hope is to make it legally impossible for Donald Trump to be present. That's their only... Yeah, they're scared. I mean, they... That's why he's doing this.
Starting point is 00:46:52 If everything was smooth sailing, they would have never debated. They would not be trying to debate his ass. But they know, like, they got to. Yeah. They have to. Or else, but honestly, that could backfire on him even more. So... And you saw, and what I was going to head to after that was,
Starting point is 00:47:10 you saw it. here last week. So all these protests have been going on. And Biden, that administration, has been trying to tiptoe through that and, you know, be as supportive of the Palestinian protests. But at the same time, you know, not turn their back on Israel. Well, they kind of stuck their foot in their mouth this last week because they, somebody pushed them really hard about, you know, these protests are all about what's going on in Gaza. And the Israelis have got the Palestinian, they've got their thumb on them.
Starting point is 00:48:00 They got them pushed down and they're trying to close this deal out. There is no place left for the PLO or Hamas. There isn't any place really left for them to go, and they know it, and that's why they want to do this last push. But they were pushing the press secretary about whether what Israel was doing in Gaza was genocide or not, which that's a loaded question anyway. and the administration answered, no, that Israel has a right to defend themselves. So now then all the pussyfooting around, you know, trying to give warm fuzzies to all of the pro-Palestinian groups, that just went out the, that just went off the window.
Starting point is 00:48:53 So they pissed all them off. So I was really surprised that they actually, like, picked aside. Pick the side. but I want to say something about this whole deal that, and I think we said it before, but every left-leaning news operation out there and person on X or anywhere or YouTube that you see, if you did not know geography and you did not know what the Middle East looked like, you would literally assume that Israel had Gaza surrounded and that they were just, they just, they had them from all sides. But that's simply not true. That's not what it is.
Starting point is 00:49:48 Gaza bucks up against Egypt. And Egypt is a Muslim country. And Egypt is a Muslim country. if the Palestinians were at all, at all, victims in this deal and were great people, because they're Muslims too. Wouldn't you think that Egypt would open their border and just let them all in? You'd think they would, but they're not. They're not doing it. And nobody talks about it. No, you will not find a lefty talk about that at all.
Starting point is 00:50:34 all. Why is that? It's like, why don't you talk about that? Well, the reason you won't talk about it is is because the only people that hate Hamas more than Israel is the Egyptians. Because they let them in once before and they tried to overthrow their government. They hate them. They hate them and they are rooting back channel, of course, because they wouldn't want it to appear that they were supporting Israel at all. They hate Hamas. Israel is probably number one on the hate list than Hamas No, I think for, I think public, like to play the game with the rest of the Muslim countries in the Middle East, I think Egypt probably totes the line.
Starting point is 00:51:21 But they 100% want Israel to do whatever it has to do to get rid of Hamas. And nobody talks about that. And it is so irritating to me, I'm like, for that to be the case, that tells you everything you need to know about Hamas. Because here is a Muslim country and they will not open that border to them. And I just, I just think that's crazy and nobody talks about it. Well, Hamas is just the terrorist group. What they'll say is the Palestinians, all the innocent people let the innocent people in why don't they let the innocent people in why don't they let in the
Starting point is 00:52:07 Palestinians they won't do that because it's so it's impossible to know who is who is what part of humas and who isn't so they just have decided now they're letting aid they're sending aid in from their side i think now there for a while they had it completely closed off and i don't know but i'm assuming they're letting aid in from the egypt side but yeah egypt i just think that that's tells you that tells you all you need to know and i will also say to all of these all of these uh Palestinian pro-Palestine protesters i think you should all just get some credit you know you should study abroad take your ass over to a Muslim country whatever and especially their runs running the pride flag and yeah run in your mouth and say and go for it see how fucking
Starting point is 00:53:02 long you last. I bet you that I'll bet you Princeton and give you I don't know three and a half classes work to go over there and study abroad and you should do it and they obviously they're hell of a lot better than the United States. All that is all that is an attention grab
Starting point is 00:53:17 it's young people and no purpose that want to stand up for something feel like they're a part of something. It's just like BLM or they're running the gauntlet this year it's it's the Palestinian Palestinian protests. It's pro-Palestine. That's what it is. They're going to run it. They're going to run it till it's dead.
Starting point is 00:53:38 They're just going to fucking run it. Just like they're in BLM, just like they're in COVID. This is the new thing. They're going to run it. They're going to run it. They're going to run it. They're going to run it. They're going to act like it's this huge outcry when I think most Americans are just like, don't really, don't give a shit really right now. Our own shit's fucked up. Like, yeah, that's not great. innocent people are dying on both sides, but let them handle their shit. Shouldn't have came into Israel and fucking fucked with them in the first place. And yeah, Israel probably try to eliminate, try not to kill as many innocent people as you can. But, I mean, it's not our fight right now. But it's just, it's just, it's the hot thing to talk about. It's the hot thing for young people to jump on and get their media attention, get their attention, get their attention, get their clicks, get their, meaning in life until it's the next fucking thing.
Starting point is 00:54:35 Because there'll be another fucking thing that they can stand up for and switch out their flag or their hat or their logo or their fucking t-shirt or whatever. And it'll just be the next thing. So it's unfortunate, but that's true. And yeah, I mean, I definitely don't like the idea of innocent people dying on either side. But that's war at the end of the day. And Hamas attacked Israel.
Starting point is 00:54:59 And Israel's going to, to stand up for itself and they're going to do what they think is necessary to eliminate the threat. Yeah. And probably some innocent people are going to die because of that. And that's not good. That's unfortunate. Nobody likes that. But that's not our fucking fight. Yeah. It's not our fight here in America. It's not our fight right now. And if you wanted a, if you wanted a good sign as to how, how strong our current president's foreign policy is when they marched out and kind of gave Israel, tried to slap them on the wrist and told them that they wouldn't support them, they wouldn't sell arms to them or some ship whatever to them if they went ahead with their operation that they were planning in Gaza. Israel just
Starting point is 00:55:56 politely said, fuck you, all right, well, we're still going to do it. We'll go it alone if we need to. and you're not, yeah, you're not relevant, basically. And I thought that was very, very telling. Yeah, I thought that was, well, that was kind of like, you know what, you can't play both sides of the fence on this deal. And we know you're bluffing and we know that, we know that you're playing political games and we're playing for our livelihood and for our country.
Starting point is 00:56:31 so yeah if that's what you're going to do that's fine we're going to do what we're going to do so yeah anyway uh i don't know i can't think about anything else it's uh going on in the in the world i can only i'm like the kid i'm like the kid with my thumb in the dyke because everything in my the dike thumb in the dyke you know never heard of that phrase oh yeah so like my mind goes a completely different place So you're going to have to definitely clarify what you're saying there. There's some kind of like a... Your generation that's listening just said, yeah, I know what he's saying.
Starting point is 00:57:14 My generation just said he's fingering a lesbian. Yeah. Oh, boy, I didn't think about that. Yeah, yeah, yeah. So... Okay, I'll have to be a little clear on that. Kind of like, it's kind of an old, it's an old Dutch. It's like an old Dutch, whatever you want to announce.
Starting point is 00:57:31 where you know they had all these they had all these berms built to keep the water out because it's very low and they build all these all these dams and all these berms and they call a berm a dyke and like keeping your thumb on the dike if there's if it springs a leak if the water starts coming in you put your thumb in it yeah but the problem is you put your thumb in that and then if there's a hole over here, you put your thumb there, and then before long, you run out of fingers and places and you, too much water gets in. And that's my point. I'm like the kid, because in the last, so this, this is how the last couple weeks, oh, actually longer than this. So seven weeks ago, seven weeks ago, my refrigerator quit. Four years old, refrigerator quits. Still, still under
Starting point is 00:58:30 warranty. Bought a Maytag, Maytag refrigerator. So I call the appliance guy and they say, yep, you got warranty on it, but you got to call whirlpool because, you know, it's from the factory and then they'll call us and then we'll come fix it. So I call, you know, and listen to the Musack for a while and blah, blah, blah, go through all the stuff. Yep, we'll get somebody out there, get it fixed. So they come out, they look at it. said, oh, it needs this. We'll be back next week because it got over the part. So there goes a week. So then they come back. They bring the part. Put the part in. 20 minutes later, the part burns up. Oh, there must be something else wrong for that to burn that part up. We're going to have to
Starting point is 00:59:18 take this to our shop. We're going to have to work on it. So they've had this refrigerator for literally six weeks and they've tried to fix it three different times and every time it loses its coolant or refrigerant. So they finally call me and say, can't fix it, it's trash, it's under warranty, we're going to get you a brand new refrigerator. Awesome. Where's their refrigerator? Well, there's none locally, but we're going to have one sent to you direct from the warehouse. Guess how it's coming? J.B. Hunt. J.B. Hunt's bringing it. J.B. Hunt. That's like, I think that's one notch up from Swift. So I don't know if it'll get here. I don't know when it's coming. My wife is getting,
Starting point is 01:00:16 think, and here's the great thing, though. The great thing about it is when we moved into my parents' house, the refrigerator that was in their kitchen, I moved to the garage. That refrigerator was purchased sometime in the late 80s. Still runs like a top. It's in my garage. So we go back and forth 18 times a day from the house of the garage because our brand new, our refrigerator that's four years old won't stay running, but the one that we got that's like 30 years old, it runs like a fucking top.
Starting point is 01:00:50 so anyway we got that going on then one morning we're sitting having coffee my wife and i and i did a load of laundry and we're talking and we're talking and then we're talking a little louder and then we're talking a little louder and before long we're like why is that wash machine so loud well every day got a little louder so i call the appliance place no warranty on that bought that in 2019 but in their wisdom different brand of wash machine i think it's an electrolux which i thought was a vacuum but now than they make wash machines it's a really nice wash machine really like it bought it 2019 bearings out of it well just replace the bearing oh no can't do that the bearing the bearing is molded into the drum of the washer to where you have to replace that whole thing.
Starting point is 01:01:52 So you can replace that. It's going to cost you $900 to replace that with labor. Or you can buy a brand new exact same thing that you have for $985. So I guess we get a new wash machine. and then I got crazy and did a little tore down an old building that was by our house and in the process had a little power line issue and that turned into a concrete project and an electrical project. So no fridge, no washer. I've got a piece of baling wire holding the conduit for the wire that goes up. overhead to her house and praying that that doesn't break before the electricians can get the
Starting point is 01:02:46 new wire shoved underground. So yeah, I'm like the kid with my finger in the dike. The ride that steals the spotlight every time it hits the road, that's the Volkswagen Tiguan. Its sleek exterior makes a first impression you can't ignore. Step inside to find available full leather seats and wood accents. Under the hood, the available 201 turbocharged horsepower power engine gives it a fun to drive etch. The refined Tiguan, you deserve more style. Visit vw.ca to learn more. SUVW, German engineered for all. Unities across Canada, hourly Amazon employees earn an average of over $24.50 an hour. Employees also have the opportunity to grow their skills and their paycheck by enrolling in
Starting point is 01:03:36 free skills training programs for in-demand fields like software development and information technology. Learn more at aboutamazon.ca. Yeah, I've been just admiring from afar from my house not too far away. And all I can say is it just seems like craftsmanship just ain't just ain't here anymore, man. I mean, every thing. Nothing is made well. You hear it all the time. They just don't make it like they used to.
Starting point is 01:04:21 And it's like that for fucking everything. It's like that for vehicles, appliances, especially appliances. I mean, our freaking washers and dryers and our hog barns, they're not front loaders. No, they're the cheapest. Cheapest ones that you can get. They run like a top.
Starting point is 01:04:40 Yeah. They last. They wash our shittiest coveralls that we have. And I don't know if they do the best job, but they do a good enough job for what, we use them for. They smell better than when we put them in there. Yeah, but it's just like,
Starting point is 01:04:53 what happened? What happened? Do all these companies, is it corporate greed where they just are like, let's plan this out and we're going to make a prototype. Let's think about, okay, how can we make this?
Starting point is 01:05:08 Is the goal to just get past the warranty? I think it is. Once the warranties up takes a shit, they got to buy a new one. Is that the goal when they're putting these things together and they're making these prototypes. Just let's get them to that four-year mark. But do you know what I think part of it is?
Starting point is 01:05:26 Think about this. And I... Is it labor? Is it... I mean, what is it? Well, I think the engineering's gotten so good. Before, I think before they... I think before they didn't know
Starting point is 01:05:41 exactly. So they always erred on the side of... you know, okay, well, we need a bearing. So we might as well get the best damn barren. Well, so we're going to use this bearing. You know, this is heavy enough. This one's one penny more. Well, we'll just use the bigger one because we don't know exactly what the load is.
Starting point is 01:06:02 Well, now then you got everything figured to the gnats ass. So they have it made exact to it. But I think the other thing is think about your average, think about how long people stay in a house. I was, my wife and I were talking about this because it's like, okay, you buy a new house, you live there three or four years, and then you put it on the market because the value of the house has gone up and you move, you buy another house. So that washer and dryer and stove and refrigerator and all that, it worked fine for you. And then the next people move in and guess what?
Starting point is 01:06:43 Takes a shit. Well, or they move in and they're like, oh yeah, I like it, but that's, that fridge has got to go. I want this. So they buy all new shit. I feel like people don't... On the one hand, I don't think it's made as well. And two, I think the market is kind of gotten geared towards that short term.
Starting point is 01:07:05 Because when I called the appliance place about the washer, he said, oh yeah, I see you bought this in 2019. He's like, well, that's pretty good. like five years was pretty good on a washer. And I was like, oh man, it's crazy to me.
Starting point is 01:07:23 That's just nuts. I remember I saw a video on Twitter that was just a video of an old refrigerator made in the 70s or I think the 70s and I showed you it. Or maybe it could have been even the 60s. Could have been 60s. Damn features on this refrigerator are fucking awesome.
Starting point is 01:07:43 Had a butter warmer. Butter warmer? had a, had a, uh, a, uh, a drawer that swung out that had like a, it was like, it was circular, pulled out, pulled out and it made a circle. Yeah. Uh, had a place for your milk. Yep. Uh, had all these awesome features to it and looked really well made, not cheap, not plastic, like really well made. And somebody restored it and it's running like a top. And it's just like, there's just no craftsmanship in any, like, they just don't, like that person sat down and said, I'm going to build the best damn refrigerator I can possibly build. Yeah. Well, I mean, it's just, I don't, is that, is that what, what people even think about anymore is like, I'm going to build the best damn thing I can for the American consumer. Fuck, no, they don't. The appliance, appliances especially, they're terrible. They're fucking terrible. They are terrible. It's all, there's so many examples that I saw, I literally saw a video. Refrigerator, your first thing that goes is the ice machine. that's fucking gone.
Starting point is 01:08:47 Yeah. Count on two years of that thing working. Yeah. Before it's shit. You know how many times I've gone to my friend's house? Ice machine doesn't work. It doesn't work. We were one of those houses.
Starting point is 01:08:58 Our ice machine shit out two years of having it. Yeah, the only thing that saved us in this deal, saved my wife's sanity was, uh, what, like two summers ago, three summers ago. Um, our ice maker in this. that refrigerator worked fine, but it didn't make, like, it didn't make ice very fast. And we were having family in town. And I was just wheeling through the aisle at Walmart.
Starting point is 01:09:28 And on the corner, they had one of these portable little ice makers. I think it's like frigid air, but I'm sure it's probably made by who knows what. And it was on sale, and I don't know how much it was. But it seemed like in my mind, I thought, that's pretty reasonable. And I bought the darn thing. And holy cow, it's worked like, it's, it makes me want to get one. It has worked like a champ. It's nice. Because through all this, we don't have a refrigerator in the house, but we do have ice. Yeah. Every day, we make a pot of coffee and we fill the ice machine, so we got ice. And so that, that is kept the sanity. But I saw a video today, uh, a mechanic. And he, was working on a
Starting point is 01:10:12 Nissan Titan pickup and it was three years old and the seal was leaking in the transmission and he, the transmission to buy a transmission
Starting point is 01:10:28 $12,000. But all it needs is the seal, the front seal. But guess what? Don't have the part. Can't get any. There aren't any. So you either, you either buy a whole new transmission or buy a whole new truck, or buy a whole new truck or just keep putting tranny fluid in it.
Starting point is 01:10:52 And the thing is, the mechanic was like he called the dealership and said, okay, well, what's the time frame? And they said, no, there's no part number for it. Like, they don't make it. Oh, yeah. It's crazy. We should drink. We should.
Starting point is 01:11:14 We should drink, yeah. I feel like we've done a lot of biching on this episode. It feels good to just let it all out sometimes. It does. You know what? It's not all bad. The weather's been beautiful despite the rain. You know what?
Starting point is 01:11:30 I've really enjoyed this spring because everything is actually green and growing. And the weather's been pretty nice when it hasn't been raining. It hasn't been too hot. Family's healthy. Yep, everybody is doing good. Farmer grade's doing well. Sawyer's brothers business is, they're just swamped. And we're going to a party tomorrow night,
Starting point is 01:11:53 celebrate a couple friends of ours that are getting married, and that'll be a good time. And I will probably overindulge. But we're having breakfast casserole. We've already planned. We're going to have breakfast casserole ready for Sunday, so I can feed my... Just let the grease run.
Starting point is 01:12:10 down your face. Yeah. You want to just get that grease in there to make sure it soaks up all that alcohol. That's the game plan. There probably will be more than one cup of gin bucket partaking at that. Yeah, I'm definitely going to partake for sure. I haven't had a drink in a while. Soir and I have got, somebody's got a Phil David because we're going to be plant beans.
Starting point is 01:12:37 So I don't know. We're going to have to draw the short straw. or I'm going to try to find somebody that can come run the seed buggy so that we don't have to, so we don't have to be the one driving home to refill the planner. Yeah, either your mom's going to be mad or cat's going to be mad, one of the two. And let's face it, by the end of night, they're both going to be mad anyway. Yeah. So kind of how it goes.
Starting point is 01:13:01 Yeah, pretty much. Well, I think that's going to wrap it up, guys. You know, I want to say a bunch of positive shit right now to make you feel. better, but I don't know if I have the words. We do live in the greatest country in the world. Things could be a lot worse. Yep, and you know what? This is what it comes down to. You, each and every one of you, you got to do the best you can with what you got, and you have got to try your best to be, I guess I'd say be frugal. I think we're in a time right now where
Starting point is 01:13:39 you really got to use your common sense. If I can give you one piece of advice, now is not the time to go on vacation and put it all on your credit card. Like, now's not the time for that shit. Now's not the time for a new set of wheels and tires because they look cool. I mean, I feel like that we're just at a time
Starting point is 01:14:04 where I don't know what's going to happen. Nothing may happen. We may just keep going down this. We may just stay on this treadmill for a while. I don't know. But I just feel like we just need to all kind of do the best we can with what we got and just hunker down and just keep working on yourself. Just keep working on your family, yourself, your finances, your business,
Starting point is 01:14:37 and put your head down. Your job, whatever. your career. Don't listen to the noise. Yeah, I would just say as a young person, just get smart. Get smart. Watch, listen. Look at finance.
Starting point is 01:14:50 Look at how to better yourself. Look at how to get ahead and be aware of the situation and know what is happening, what is coming, what are projections, what you can do to set yourself up to live a good life because I'm just going to be honest with you. If you do go down the rabbit hole of looking where we're at right now as a young person, it's going to be tough. You're going to have to bust it. You're going to have to be a badass motherfucker. You're going to have to put your nose to the grindstone and go get it if you're going to want to set yourself up. So, uh, and I could be wrong, but you go listen to
Starting point is 01:15:26 people that'll tell you straight up. That's, that's how it is right now. So, uh, all I'll say is, you just got to go get it. And it's like dad said, hunker down. Don't be done with your money. Put, put your family first. Put yourself first. go after what you want and you live in the best damn country to be able to do exactly that even though with all the crazy shit going on so embrace it embrace being an american do what you can to change it do what you can to set the standard and being a great american person and with that being said we love you guys we appreciate you if you're a farmer and you're listening good luck hopefully you get all your seed into the ground we wish you a good uh plant season and we'll see you back
Starting point is 01:16:07 here next week for another episode

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