Breaking Points with Krystal and Saagar - 7/9/26: Mitch McConnell Still Missing, Abdul Vs Stevens Debate, Senior Property Tax Breaks
Episode Date: July 9, 2026Ryan and Saagar discuss McConnell still missing, Abdul Vs Stevens debate, Saagar loses it over senior property tax breaks. To become a Breaking Points Premium Member and watch/listen to the sho...w AD FREE, uncut and 1 hour early visit: www.breakingpoints.com Merch Store: https://shop.breakingpoints.com/ See omnystudio.com/listener for privacy information.
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Turning now to Mitch McConnell, is he alive?
Nobody knows.
Well, I guess some people...
No, we have some great news for the audience.
Yeah, well, according to Scott Jennings,
he may certainly still be alive,
and here he is on CNN,
where he claims that he spoke with Mitch McConnell for 20 minutes,
and he was totally cogent.
But when asked, can we get him on the phone right now?
Crickets. Let's take a listen.
Do you think he'd be willing to call into the show?
Could we get him on the phone now?
You know, I wasn't really expecting him to call this morning, to be honest.
So when the phone rang and I was able to talk to him, I was frankly pretty grateful.
I mean, as I said, I've known him since I was a teenager.
If it hadn't been for Mitch McConnell in the McConnell Center at the University of Louisville,
I would never have been able to go to college.
He's been my mentor and he changed a trajectory in my life.
So, you know, when things happened to him and happened to people in your life that you really care about,
you just sort of naturally feel extremely worried.
So when I heard his voice today and he was clearly keeping up with stuff that made me happy to hear from him,
because like everybody else, I've been, you know, somewhat in the dark about it.
But to hear him talking and know that he's also talking to the Senate leadership, it made me pretty happy.
The mega media ecosphere, shall we say, has been driving a lot of the questions about where Mitch McConnell has been and what has happened to him.
You, of course, are in tune with that in the role you have on your radio show.
Do you think they should put out a picture of Mitch McConnell,
that he should release more to the public to quiet this noise?
Yeah, I think Al had a good point about McConnell's general disposition towards privacy.
I sometimes wonder, like, if I were laying in a hospital bed,
would I want a bunch of people around photographing me?
Probably not, particularly if I were an 84-year-old person
who's normally private about his health, probably not.
But look, I take the criticism.
I think it's a fair question about transparency.
I think it's a fair question about whether they've done enough.
But ultimately, these office holders, you know,
they're in charge of their own operations.
And, you know, it may be somebody around him says,
let's put out a picture and he doesn't want to do it.
I think that's a fair observation from Al.
But all I can tell you today is all the rumors about him being dead or brain dead
or, you know, his body's being hidden somewhere.
I've seen all kinds of crazy things on the internet.
That's obviously not true because he picked up the phone and called me,
and that was a good thing.
That was a really long way of saying, no, I can't get him on the phone.
Right.
Yeah, or a picture.
Yeah, or a picture that I could get you all.
I don't want to accuse him of lying,
because that's an extraordinary thing to lie about.
But that is, this is so weird.
And now, obviously, now.
So our producer, Mac thinks that there's an,
AI campaign going on right now.
That's not good for it. I'm just floating.
Mitch McConnell's voice. He thinks that there's like somebody using it, which I expect it.
It is possible in today's day. And who would put, considering the track record,
Feinstein of the guy who just disappeared for three and a half months for depression.
I mean, so many of these. Who was the guy walking around Senate with Alzheimer's?
And everybody knew and did anything? No. Wicker still. I think he's still all there.
No, Thad Cockran.
That's it, that Cocker.
Sorry.
He...
Apologies to Wicker.
Yeah, sorry.
But that
Cockran,
everyone knew
that he was gone.
Everyone knew that.
And nobody said anything.
He was walking around
with a diaper.
It was only afterwards.
After, I think he resigned
or something like that
that everyone was like,
hey, yeah,
we all knew that he had
been out to lunch for a long time.
Like,
well, it would have been nice
if he all said something,
you know?
And so, you know,
how could you put it above,
really, like,
some sort of lying campaign?
Again, I'm not alleging
in any way that that that's what happened.
I'm more just saying,
like,
questions here to be asked because the circumstances are so nuts. And these tweets that these guys
have put out, let's put them up here. This became a meme online. Is, for example, like, before Scott
went on the air, he said, I spoke to my old friend Mitch McConnell this morning, the senior senator from
Kentucky, still recovering in the hospital. We talked just shy of 20 minutes about Iran, Ukraine,
all caps, for some reason. The unfolding situation in Maine, all caps, my visit to the TR presidential
library and even a little bit of Senate history. I told him, we want to see him back at work as soon
as possible. And then there was also another statement that put out from Senator Barrasso.
Senator Barrasso and Senator McConnell had a lengthy conversation early this afternoon.
Their phone call lasted 20 minutes. They caught up about the latest news impacting
Senate. Senate races, etc., etc. Senator McConnell is fully engaged, as fully and eager to get back
to the Senate. So they claim. But now we have this new statement from the governor. We could put
that one up there on the screen guys, where the Democratic governor of Kentucky has now sent a letter
to the office of Mitch McConnell requesting an update on his help and well-being.
Proof of life.
And made growing concerns around the senator's ability to serve.
We have not yet received that statement from the McIntyman.
So Thomas Massey has also come in and said that he has spoken with McConnell.
Oh, has he?
Yes, he posted.
He said, I spoke to McConnell for about 20 minutes this morning.
He said we should end the war with Iran, quit giving aid to Israel, stop spying on Americans without a warrant,
and he's really sorry about how my primary turned out.
Since then, McConnell has not disputed the characterization of Massey of this alleged phone call.
Hassan Piker, Twitch Streamer, also said, I can read his post.
He said, just got off the phone with Mitch McConnell, we had phone sex.
Oh, so he could deny it.
McConnell, of course, could deny this if it wasn't true.
Yeah, McConnell should come out and he could deny it.
Of course, we have not yet.
And this tweet has 3 million views, so if McConnell is scrolling, he has seen this and has yet to deny it.
Let's put C-4.
What was producer Max?
Producer Mac had a good one, too.
Oh, I hadn't seen his.
Mack, you could send yours, and we'll read it here on the air.
After I read this statement from Elaine Chow.
So Elaine Chao, his wife, the daughter of a Taiwanese billionaire with deep ties to the Chinese Communist Party,
who recently just took a trip to China while her husband was languishing in the hospital at 84 years old, two days after heart attack.
I truly love to see a good love story here at the end. It's just like the notebook.
But she releases a statement saying the secretary was on a long planned trip to China to support her family's philanthropic endeavors.
During the trip, she met with a number of people, including the U.S. ambassador.
The senator's health did not warrant an immediate return to the United States.
That could be read multiple ways.
Yeah.
They added, Chow has since returned from her trip, is back in the United States.
Not in Kentucky.
Back in the United States.
Her staff did not say if she's been in contact with McConnell since returning home.
I think you have to read Max.
Okay.
What is it?
What does he got?
He says, just got off the phone with Mitch McConnell.
he told me, ah, shit, it's hot, fuck.
There's so much in fire.
Oh, that's good.
All right.
I got a regained close.
Too soon.
But it's not too soon because he's alive and well and recovering.
Okay.
So there you go.
The only reason this is funny is because we know that he's alive and well in recovery.
Yes, that's right.
It's a joke.
And he will return to work his old form very soon.
Let's put the last.
Let's put C5 up here on the screen inside the McConnell Health rumor
mill. This is from Axios, so they're trying to report it with a straight face. I'm like, I can.
Here what they say is Senate GOP leaders say they have spoken with McConnell as speculation swirls
among MAGA influencers about the Kentucky Republicans' health. McConnell has been hospitalized for
roughly three weeks, no information about his condition. Both the Senate Majority Leader and
John Barrasso, as well as Scott Jennings, all claimed that they had spoken with him.
They had lengthy and substantive conversation. However, influential MAGA voices
have fueled speculation about his health status.
Laura Lumer has claimed without evidence the senator is brain dead and hoaked up to machines.
She is now alleging a cover-up.
Glenn Beck says,
we need the truth about Mitch McConnell now.
It's unacceptable.
The party spent four years criticizing Joe Biden's health is now silent on McConnell's.
Under Kentucky state law, if the Senate vacancy were to occur before August 3rd,
the special election would be held quickly to fell the seat, whereas if a vacancy were to occur after August 3rd,
then the senator would be elected in November as planned.
And so obviously that's pretty important, especially in the midst of the EMS call, cardiac arrest
audio that we played for all of you.
By the way, Trump is either in on it or doesn't want to say.
He was asked yesterday aboard Air Force One, do you know anything about McConnell's health?
And he said, I haven't spoken to him and I have no idea what's going on.
Trump is at once the biggest liar on the planet but also can't lie.
Yes, sometimes.
You can't lie.
Right. That was the most, in my opinion, that was a very revealing thing. Because if he actually was, you know, very healthy or whatever and was talking to people, he would assume he would call the president. Look, I have no idea. His wife is in China. It's weird, cardiac arrest. You only got three people who claim to have spoken to him on the phone. I mean, you got no updates from his health. It's been three weeks in the hospital. It's an 84-year-old man. It's all very, very sketchy. All right. Let's get.
to Abdul al-Sayy.
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The two remaining Senate candidates for the Democratic primary in Michigan met for a debate this week.
Abdul al-Sayed pressed his opponent, Haley Stevens, on her fealty to Israel and her contributions from APAC.
Let's take a listen to that.
The Congresswoman needs to answer is, why has she allowed $40 million of outside spending, the bulk of it coming from APAC, to come into this race?
I don't think Benjamin Netanyahu is attacking her to actually attack her.
I think he's attacking her to try and steer away the stink of how staunchly she stands for their policy.
So let's take that opportunity.
Explain what you've given away for APAC support in this race.
30 seconds to wrap up.
No one owns my vote and no one owns my policies.
Anyone who is contributing to my Senate campaign is doing so because of my proven record of fighting for Michigan.
What I did when I served as chief of staff on the U.S. Auto Rescue, saving 200.
thousand Michigan jobs and what I have done to get the Chips and Science Act passed and sign into law.
What my opponent needs to answer is why is the GOP spending thousands of dollars to prop up his campaign
saying that he will make Mike Rogers the next U.S. Senator?
By the way, Haley Stevens' work on the auto bailout is, in fact, her top calling card for that primary
because it's extremely popular.
What Rahm Emanuel said,
we should just let Detroit go bankrupt,
and he was overruled by Obama.
I thought that was Romney.
He wrote that op-ed.
Romney, it really hurt Romney.
Yes, I remember.
It destroyed his campaign.
2012 campaign, but internally,
Romo Manuil had said,
just don't do it.
There was a big fight over it,
and Haley Stevens, to her credit,
was on the side of,
we need to implement a bailout for Detroit.
Right, but UAW endorsed up the UAW.
Yes, that's a key point.
So her number one thing is undercut by the fact that the UAW is behind El-Sayed.
Now, if you noticed in there, Abdul-Saiyad is referring to Netanyahu attacking her.
Something extraordinarily interesting happened earlier that day, right before the debate, that people are frustrated about and suggesting that it was coordinated.
So let's play this clip of Netanyahu on CNN with Dana Bash.
Congresswoman Haley Stevens, she's running for Senate in Michigan, said Benjamin Netanyahu has made us less safe.
He has frankly put Jews in an uncomfortable position across the country.
Have you?
Well, it's made her uncomfortable because she can't stand up for the truth.
She's trying to probably excuse anti-Semitism.
She's not. I mean, I just want to explain. She's somebody who supports Israel. She supports
funding Israel, which is diminishing big time among Democrats and even some Republicans,
the United States Congress. It is very clear that Mr. Netanyahu has not made us safer,
has not brought us closer to peace, and he's endangered Jews here in America and around the world.
This is why he was just trashing me today on CNN. I am not afraid of,
I am not afraid to stand up, and I continue to stand up for humanitarian aid, for the U.S. to
work with the countries in the region, and get aid into Gaza.
And so, Saga, in the lead into that question, Dana Bash had said a lot of Jewish leaders
here in the United States believe that your behavior is making Jews in America less safe.
For instance, Haley Stevens has said X.
This is the new line, by the way, is that this Rahm Emanuel, Hayes,
Haley Stevens line is it's Bibi's fault.
It's all about Bibi.
Right.
Israel is good, but Bibi is bad.
But Haley Stevens, by the way, is not Jewish.
Right.
A lot of people have made the claim that Danabash is talking about, and frankly, I think
she's correct about it.
Why did she pick Haley Stevens, who is not Jewish, as a stand-in for Jewish leaders in
the United States?
Oh, yeah, that's a good point.
Because she had a debate that night against Abdul al-Syad,
Stevens repeatedly referenced Netanyahu attacking her in that debate.
It was her biggest defense against the fact that APAC is spending millions of dollars to support her.
And so even Politico reported on this in a rather straightforward like way as calling out the cynicism of it,
of how direct the links seem to be, that this was being weaponized on her behalf.
Right.
So you just zoom out.
is that Dana Bash asked the question about Haley Stevens, B.B. attacks her.
Stevens uses that attack as a direct link and as a direct retort in the debate against
all Syed's most potent attack against her in a democratic program.
Maybe Dana Bash didn't know there was a debate that night. Maybe it was a coincidence.
In any event, it was a very fortunate turn of events for Haley Stevens. Now, she also takes an
enormous amount of corporate money. And Abdul Al-Sayad hit her, hit her on the
that. Let's roll D3.
To get their way. And now you can buy a cheap TV, but you can't find a manufacturing job
that can actually feed your family. That is the devastation of corporate bought politics.
It's the only candidate who's never taken a dime from a corporation. You know I'm going
to stand up for you. It's the reason, again, the W nurses, AFT have all supported us because
when it comes to the choice between working people and corporations, I will pick people every time.
Yeah, and it's the only reason you haven't released your tax returns. And 15 labor unions
are endorsing me. I yield, Rick.
Yes. Amber has another, sure, go ahead, quickly, very quickly.
Yeah, I took the same extension that the Congresswoman took every single year she was in Congress.
Every single year.
You haven't released your tax returns.
All right.
You don't need an extension to do that.
There's a process.
Who's putting money in your pocketbook?
So she's hitting him on having a filthy rich spouse, basically.
And he hasn't, you know, put his tax returns out.
Filty rich people have very complicated tax returns.
But also they have very embarrassing tax returns in a country that purports to believe in.
some sort of egalitarianism.
Yeah.
Seeing on paper, if you ever look at a super rich person's taxes, they're like this.
First of all, it's like a book.
But the top line where you see income and then you see what they pay, you're like,
holy shit.
You're like, wait, you got to keep what?
Right.
What was that exactly?
I thought we had a progressive taxation system.
You're like, wait, your effective tax rate's 15% and mine's like 40?
You know, I'm not talking about me specifically.
I'm saying, you know, if you like if you factor in whatever,
the, what's it called, like the FICA and everything else compared to what some of these private
interesty barons are, I'm assuming. So he keeps alluding to his wife's real estate. That means they
pay nothing. These real estate, they're right. Because real estate guys, washes all your income.
They're constantly just doing depreciation and all this other. And you spend so much. They're paying
nothing in taxes. Yeah. So you know he's got a low tax rate. That's why. That's why Trump paid
nothing for like 20 years. Of course. Yeah, that's what they all do. That's what all of them say.
It's like you actually really want to get wealthy and pay zero taxes. You should just buy real estate.
So METI Hassan hit him on this a little bit.
Let's go to D4.
Here's El Sajad and Medi.
Bailey Stevens has also attacked you and Mike Rogers for being millionaires,
who she says conveniently did not file their 2026 personal financial disclosures.
You sought an extension through August 13th, I believe, which is after the primary.
Was this to avoid transparency with your voters?
Why not release them before the election?
No, taxes get complicated.
My wife and her family own property abroad, and so getting all those tax forms is a thing.
And this is, by the way, the same extension that...
She said you're a millionaire and you're hiding that.
Well, if you take my assets and my wife's assets together,
then I guess they add up to something like that.
But my career has never been about trying to maximize on money.
Otherwise, I would have just gone and been a surgeon.
But, you know, my focus has always been on public service.
And it's interesting to try and compare apples to oranges here.
If you file on your own, then, of course, your assets look like one thing,
which Congresswoman Stevens does.
If you file with a partner, your assets might look like something else.
He's still on a boatloader.
Rich people always extend anyway.
Right.
So they don't file until October.
Like regular people file in April, rich people file in October.
Exactly.
I mean, you have to pay in April.
Right.
They don't have to file.
But they don't pay.
So there's nothing really to pay.
Can I give a defense here of Abdul?
I was telling you earlier.
I've been telling the group chat this for days.
Rich wife populism is as old as time.
If you look at some of the reformers throughout their old 1800s
and others, a man of letters needs a gentried wife whose father struck it rich, not her
specifically, needs a gentried wife so that he can pursue his letters in public service.
This is a tale as old as time.
And so you've got Rokana, Marries a filthy rich wife.
You've got Abdul who marries a filthy rich wife, both Indian American filthy rich wives,
which is very cool.
And then who else have you got?
Rishi Sunak, right?
I mean, he's not a populace, but, you know, Rishi Sunak, who's the prime.
ministers married some Indian billionaire. Beto married a filthy rich woman as well. I think this is a tale
as old as time is to pursue public service. You need to marry into money. And so I have an
extraordinary amount of leeway and defense for men who marry into very, very rich families.
I think it's kind of a, it's a very lindy phenomenon going back all the way to the British Empire.
Karl Marx's wife's wife is doing pretty well. Yeah. Her father. Her father was her wife? I forget.
I don't think so.
No, she was a revolutionary as well.
But I mean, it doesn't mean you can't be rich.
There was a, what do they call it, like the Red Duchess or something?
A really rich, really rich duchess in Europe who funded a lot of the communist newspapers and stuff.
This is very common.
Yeah.
You need a gentried rich woman to be able to support your dream as a man.
Or rich man.
What's wrong with that?
Like Frederick Engels.
Or Frederick Engels.
You're exactly right.
So, yeah, I have a total defense here.
of Abdul of Roe. You know, every time the row trading figures come out, it's like, bro, it's his wife.
It's not him sitting around doing this. He's like, what is he going to do? He's going to tell her what to do?
You can't be doing that. It's her money. He's literally trying to pass federal legislation.
Right, to stop his wife from trading.
So, you do what you need. If it's your money, keep doing what you need to do.
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I'm sports journalist Ari Chambers.
Hey, what's up y'all? It's your girl, Sam J.
And we're the host of everyone watches women's sports, a new podcast from Together and I Heart Women's Sports.
Because let's be real. Women's sports is giving us way too much to talk about these days.
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Hey, I'm Hoda Kotby, host of the podcast, Joy 101 with host.
Dakota caught me. Okay, if you know me, you know this. I'm always searching for inspiration,
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You also saw him say in the clip that if he really wanted to get rich, he would have become a surgeon rather than a public health official.
And that was his, he was the public health official for the state of Michigan.
He was widely credited as having done a good job.
That's been his kind of his calling card in the campaign.
But that means he also has never been a practicing physician.
Medi, the right wing has been beating him up on that.
Haley Stevens consultants have been beating him up on that.
I don't quite think that one lands.
Medi went back and forth with him a little bit on that.
Let's roll D5.
You got attacked by your rivals for calling yourself a physician, not just a doctor,
even though you don't have a valid state medical license in New York or Michigan,
which apparently is what you need legally to call yourself a physician.
Do you wish you'd just stuck to calling yourself a doctor,
which you are, to avoid all of this controversy and attacks on your physician status?
You know, at the end of the day, is not about whether or not I'm a physician or a doctor.
The question is, can you see a doctor?
It's not about my education.
It's about whether or not your kid gives a good at education.
So I'm just not spending time.
People would say it's also about, did you tell the truth?
Well, I would say that I was the health director for the city Detroit.
I've done more to provide more people health care or eliminate their medical debt than most doctors have done in their practice career.
I don't know how I feel.
Was it Detroit?
I said statewide.
I thought it was state one.
It looks like full tuition scholarship to the University of Michigan Medical School.
Did two years?
Then he led the mission, then went on to receive.
An MD, yeah, did that in 2014, he completed an MD at Columbia University.
So he has an MD, but he did not.
He also went to Oxford.
Yeah, it looks like he did, uh, yeah, he did, oh, he did a Rhodes Scholarship.
A Rhodes Scholarship, too.
So, uh, so he is very highly educated.
We'll give it.
The guy's got the credentials.
But he is not a doctor.
Or if he's a doctor.
He is a doctor.
He is an MD.
So the doctor's going to give him to me.
He's an MD, but he's not a board certified physician.
Right.
Because he didn't do residency or he didn't complete residency.
Remember, this was a controversy with the Surgeon General woman who withdrew Casey Means because she also never completed residency.
And she was going to be, these are the time of those doctors.
No doubt.
Doctors get very upset about these types of things about whether you're going to.
I get it.
You all worked very, very hard.
You know, just zooming out a little bit and looking at the polling before we go to the property tax stuff, Ryan.
What is your-
Ph.D. in public health at Oxford.
That makes sense.
But then also the MD.
So he's got, Jesus, so many credentials.
What is your take here about these types of attacks on Al-Saiad?
Because, I mean, we shouldn't misrepresent it.
Like, they are tied virtually in the polls, right?
It does seem to be a battle between the old and the young.
Al-Saiat's favorables with young people are astronomical.
So he's got a lot of the activists on his side,
and he's trying to do some more cross-over appeal with old people,
which we'll talk about here in a second.
He wants to win.
Turns out he wants to win.
He certainly wants to win.
But just before we do our fun segment about property tax, like what's your read on the race as it stands now?
Like, how do you think she came out of the debate?
Especially, look, he got some great hits on her.
But these clips have been really boosted by the Republican.
That's what we're showing it to, these Medi Hassan clips.
They're all over social media and Michigan, the Haley Stevens campaign as well, who are really using them to attack El-Saiad's credibility.
So I'm curious what you think.
I don't, I mean, with enough money, everything makes...
something of a dead.
And I didn't think that was a great answer.
It doesn't, it was, he had this can't line.
It doesn't matter about my education.
It matters about your kids' education.
It seems squirly.
It's like if you went, if you have a Ph.D.
and an MD and you went to your Rhodes Scholar,
he went to Oxford and University of Michigan Medical School,
go ahead and say that.
Like, because they're going to imply, like,
people are going to take away from that,
oh, he didn't even go to medical school.
Right.
It's like, if you went to medical school and got a PhD in public health,
and you were the city of Detroit's public health director,
what are we talking about?
You're obviously a doctor here.
But it's, you know, now it's a head-to-head match.
And she's going to be able to outspend him through Super PAC support,
significantly from United Democracy Project, APEC super PAC,
plus, you know, the entire kind of world that doesn't want to see El-Said's politics dominate.
They're trying to use Platner against him, which...
Yes, that's very much been happening because they share some...
Because he's a man.
Well, no.
No, it's because he has the same type of online supporters.
And actually, that's the next thing I wanted to put up.
Can we put up this NBC thing?
I sent it to the chat.
This was really fascinating.
So the latest hit, according to this NBC news article, which is about inside the slugfest
of the Senate primary, is Haley Stevens' campaign wants to paint El Ciyadh, quote, as a sexist
podcast, bro, because he's appeared on a show like ours, I think, with a, you.
Didn't he campaign with Hassan Piker?
Yeah, he did.
Right.
So it's things like that where they want to use the podcast bro image of MAGA from 2024 to basically smear him and say, oh, he's one of these online bro, you know, in this sphere.
So Democrats in a year have gone from, we need our own Joe Rogan because we need to reach out to men to he has been on podcasts.
Yes.
And podcasts are bad.
Podcasts are bad.
All of them is a podcast pro, and therefore he needs to be rejected.
That is a victory that spells defeat if I've ever heard it.
It's a cynical take.
Well, I don't know because it seems to me because it's just spelled defeat long term.
Fair, absolutely.
It seems to me that whoever wins this is probably going to win, no.
I mean, Mike Rogers, like, I'm sorry, you're cooked in a wave election year.
Probably.
Where Trump, Trump, I mean, Michigan is what I would say is one of his least strong states that he's, he won at
Twice. First time, 2016, it's like 10,000 votes. Second time around, or sorry, third time around,
I forget exactly how much he won. It wasn't a lot. In terms of the margin, like he won Pennsylvania,
I believe, more than he won by Michigan. Michigan is a tough, tough place for Donald Trump.
And so then if you factor in a way. Less than 100,000 votes. There you go. Less than 100K votes.
I mean, it's just not a lot of votes when it comes to Michigan. So if you got, and Alyssa Slacken was also
able to win at the same time. So there's a split ticket already. And that's going to represent.
public and wave election. Right. So the win behind his back, he won by barely. With the way behind his
back, he barely wins, you know, that election. If Gaza doesn't happen, or if Kamala does a better job,
she potentially wins Michigan. Oh, yeah. Just if those people who can come out to vote.
So all those people are going to come out to vote for the Democrat, I think, no matter what. So then it's a big
question of like, okay, so whoever the Democrat. Does Dearborn come out for Haley Stevens?
No, but I don't think, I don't think she'll need it as much as Kamala did, just because of the way that
things are this time around. So it's a very high, very high stakes primary.
It really is.
And I think the CNN stuff, the CNN manufacturer, whatever you want to call it, I'm not alleging anything.
Right.
But to be it allowed her to blunt that the most damaging attack on there.
See, lately I have, and I say this with like no morality or anything, I admire the Democratic
establishment.
So it's fun, right?
Because they've taken so many Ls recently in all of these DSA elections.
They're fighting.
They're like, okay, we can no longer run on Israel.
itself. So what we need to do is manufacture other issues, like me too with Platner here,
not manufacture as in they're paying her or anything. I'm just saying like they're you,
they're certainly using it to great effect to get him out of the race and to take over the entire
system. And then here they're like, oh, well, what we do is we get BB to attack her.
And then they use that as evidence that she's, you know, middle road or whatever on his.
That may be enough, you know, for some boomers who are out there, who are largely, it seems to be
her constituency. But if you're a boomer watching, Abdul El-Said wants to cut your property tax.
Yeah. Don't do it, Ryan. Don't do it. We are not, we are not stupid to that level. All right,
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So as Ryan alluded to in one of the most disappointing, disgusting, craving, repulsive statements ever uttered by an American politician.
Here is Abdul El-Siyadh, who clearly wants to win, who says he wants to freeze senior property taxes.
Let's take a listen.
I think we need to be freezing property tax for seniors.
If you paid off your home at some point, we can't expect you to keep up with property taxes
that are going up.
Now, how do we pay for that?
Well, again, if we tax billionaires, their wealth, if we were to invest in the Department
of Education so that we're paying centrally for public schools in an equitable way,
there are a lot of opportunities for us to lift the burden off of seniors who've done their
job.
They've worked extra hard.
They deserve a dignified retirement, and we've got to be thinking about how to offer
them that.
They deserve a dignified retirement.
They deserve everything.
They deserve a federal bailout of Michigan schools.
And we're just going to pay for it with these fancy billionaire taxes.
And look, you know, I'm not some guy who's anti-wealth tax or anything.
I don't particularly care, you know, screw rich, ultra-rich people, whatever.
If users, punitive care, that's all fine.
But ultimately, this is about bailing out seniors and a false premise, which is if you've paid
off your home, you deserve to live there forever.
This is a literal violation of the American dream, and specifically of the housing mechanics and the way that it all works, Ryan, because first of all, it presumes if you've paid off the house, that means you should no longer have to pay for any public services whatsoever, from the roads to the police, to the fire department, when we actually know that old people are disproportionately using them. Also, property tax, the vast majority of that funding goes to local education. Now, his presumption here that the federal government should bail out the state of Michigan and all of
of their localities actually is a conservative nightmare. And even if anybody who cares about
localities, it means that the feds will have near total control over what you can and can't do in
your schools. One of the best things about America, specifically our education system, if you
want to say, is that if you live somewhere, let's say you disagree with something, it's happening
in your school. Because you pay in, you actually can change it. You really can. We saw this with
anti-woke or even woke, whatever you want to do. COVID masks. Parents actually got mad,
And in some cases, they won.
They beat the system whenever it came to a showdown.
If it's all up to the feds, you have no power whatsoever, right?
And then just let's talk about the housing mechanics part because this is the part that really bugs me.
And I'll be callous.
I don't care because I'm not a politician, which is if you are a senior and you pay off your home,
and then you no longer have to have any property tax, there is no market incentive to sell.
You will never sell, which means that these neighborhoods will not pay.
turn over. And you have seniors who occupy the vast majority of the housing stock, who have no
financial pressure whatsoever, who will stay in these new homes, who will then not turn them over
to the next generation. People say it's unfair because the property tax has gone up. The tax
only goes up if the house value goes up too. And so if you did not pull yourself up by your bootstraps,
maybe, and do enough saving over the course of your life, and you didn't plan for your property
tax, why does that mean you get to hold a financially appreciable asset, pay nothing to be able to
maintain it, receive all city services, give nothing back to your community, and hold up all of the
housing stock that there is. This is sloppulism. That's what it is. It's a cynical way to win
older voters who are not currently voting or supporting Abdul al-Saiyad. That's what it's all about.
And the unfortunate, and people are like, oh, why do you care so much about this?
It would be funny if it weren't literally sweeping the nation, which I'll approve to you all.
There is now between California, Florida, which is about to abolish property tax, and Texas, which is just on the exemption, you will have nearly 100 million Americans by this time living next year in a boomer Reich system where they occupy all the housing stock.
They don't pay as much as you or I do if we own a home for a property tax.
and they are depleting the system.
Meanwhile, demanding Social Security,
where they say they have fixed income,
which is literally cost,
you know, which literally goes up by inflation.
When is the last time where I got an inflation-adjusted race?
If you're under 65,
when's the last time you got an inflation-adjusted raise?
In fact, you almost certainly got a decrease
because the wages have not kept up with inflation since 1970 or whatever.
So they get inflation-adjusted raise.
you get nothing and you get less services and you have to pay more in taxes. So I'm off my soapbox,
you go. The other thing that elderly homeowners would do with this property tax abatement,
and you could theoretically write in the legislation to try to preempt this, but what they would do
is move out, go somewhere else, and then rent this property that they now don't have to pay
property tax on and then just collect the rental income on it. So what it does is it takes,
takes more housing stock off of the market,
which drives up home prices
and just makes it harder for people who don't own a home yet
to buy one because they aren't selling it.
Because think about it.
If you sell it to somebody younger,
that younger person now has to pay property taxes.
If they wanted to rent it,
the amount of profit that they would make by renting it
is reduced by the amount of property tax they have.
Correct.
You don't have to pay the property tax.
So your incentive then to rent it and then just go somewhere else and buy another one that you also don't have to pay property tax on goes up.
They'll claim all kinds of nonsense about primary home and all this to get around this.
But look, even in the primary home days.
You could Airbnb and live there for six months because you're traveling to the Danube.
Right, because I will say what nobody else wants to, which is sometimes you will have to sell.
If your property has gone up from 170 grand to $2 million and you're drowning in property, then sell it.
the home, move into a million dollar house, take the profit, you can keep your property tax forever.
Oh, and by the way, somebody else can buy that home and maybe to raise their family in it.
You know, the most heartbreaking thing is in localities across this nation.
The neighborhood I grew up in is a good example.
Full of kids, no longer full of kids.
Why? Everybody still lives there, right?
Same people still live there. Kids are grown and gone.
Guess what? Kids, they all live in another neighborhood now.
It's a nice neighborhood. I liked it there.
And this is happening across the nation.
You got elementary schools closing because the fertility rate is down.
And because in a lot of the traditional suburbs, nobody wants to leave.
The rich people, rich boomers are all staying there.
And then people who are in families, they got nothing.
They're either in the rent-air class or they've got to go somewhere else and try and do something.
And look, you could say, well, oh, that's just the market reality.
And the boomers are always, you know, coming back to me.
It's like, well, we had 15% interest rates.
I'm like, and same question I always ask, what was the wage thing?
What was the price income ratio?
What was the price to income ratio?
It is like two or 300% more than it was even 25 years ago compared to the current
median home price, and that's $485,000 today is the median home price. But that factors in all of
these lower cost of living areas. And if you were living in a medium or high cost, we talked about
San Francisco in our last show, it's $1.7 million. That's an extreme example. I get it. But in many,
you know, higher cost of living areas, we're talking about millions of dollars, literally millions of
dollars. And that's why the average first-time home buyer is anywhere between 37 and 45,
and that the average buyer of a home today is age 50, right? It's because they're the only one of the
people with the cash to be able to do so. So that's ultimately what Abdul is trying to set in.
Let's put E2 up here on the screen. I took this from his website. And this is, again, it's the
worst possible thing. On his website, he says, we will freeze, follow the senior, not the
property. The assessment freeze does not transfer on sale or death. When the home changes hands,
it will reassess at market value. This preserves local tax-based integrity over time. So as I write,
if a senior sells the property to an under 65 person, they will then be hit with a property tax
reassessment to current market value. Now, here's why I think it's sick, because this,
people took this the wrong way saying, well, anytime somebody sells a house that they get
reassessed at market value, you're right. But the freezing of a property tax means that there's
no appreciation or incentive to sell. This is what happened with California in Proposition 13.
It is exactly why California's housing market is as messed up as it is today. There is no incentive
for people who bought between the 1980s and the 1990s of very, very low values, who have frozen
property tax or stepladder increases to sell, even though their homes have appreciated in some
cases by 2, 3, 4, 500, even 1,000 percent in places like Santa Monica.
So what do you do?
What you have to do is it means that the younger buyer has to have more cash on hand and
budget at a much higher price than the senior who gets to live there, which locks the housing
stock up forever. It has destroyed the California housing market. Now, this would be a proposition
because Abdul, frankly, he's running for United States Senate. So he wants to do this nationally,
all right? I mean, technically he doesn't have the authority, but somebody could preempt that
type of behavior. And I just want to show you all what happens when states start doing this
stuff. Let's go to the next one. This is from Florida. It just happened yesterday. All right.
So Tampa, the city of Tampa, how many years now you and I've been hearing, oh, all these
families are moving to Florida. It's such a great place to live. It's cheap and they don't have to wear
masks and you have all this freedom. Well, here's a part of the freedom they're all about to have.
So in Florida, counties are now preparing for the total elimination of property tax or a phase reduction.
Hillsborough County, that's where Tampa is. Here's what they write. A lengthy list of possible
responses to the elimination will include eliminating or reducing county services like parks and aging
services, closing underused facilities, and increasing or adding new assessments such as higher fuel
tax and more park fees. So that means, Ryan, you got four kids. I assume you live at that park
because it's not a house to do, right? It's easy, it's free. Take them there. You let them run around,
burn some energy. Kids just started walking, so we're in that phase right now. Now every time you go,
though, pay up. You got to pay. Say, sorry, because these boomers over here, they don't want to pay
property tax. You, when you take your kid to the park, you got to pay. All right? Fuel tax, you
want to go somewhere to take your kid to the park? Sorry, it's going to cost you. All right,
there's toll roads everywhere in Florida. So this is what happens. You got no income tax. You got
no property tax now. Where's the money going to come from? It's going to come from somewhere.
The Disney cruise surcharge is going to be about to be $500 for every person who comes out of state.
And for the people who live there, it's going to be hell. Should the fuel tax not apply to elderly
people too? Sure. Why not? Right.
Oh, they drive less.
So why?
Oh, they don't use it.
All right.
So this is, this is what leads to this type of logic where elder people, when they were young, pay.
To pay a different tax rate based on your age is crazy.
Yes.
Also, for the age cohort that has more wealth to pay less tax.
I know.
Then the age cohort that has less wealth is completely insane.
Right.
The whole idea of treating people differently based on their ages on American,
maybe on the constitutional.
Like, what about equal protection?
It does.
Of course, what?
You think they're going to, they're going to anyone, how can we even challenge it?
And this is why, to show you about the sloppulism point, you can't even conceive how popular
these things are.
If you were to tell them, the two areas I get the most hate on, weed and this.
Actually, maybe more energy about this.
I've received actual death threats over weed.
I'm waiting for my real death threats that are coming from just saying, hey, we shouldn't
have unequal tax codes based on age.
Let's put E4 up here. Take a look at the polling. This just happened yesterday. Two-thirds of Florida voters support the property tax event. Of course. Two-thirds. So you got the old state, you know, and they're all like, yeah, why not? Why should we have to pay? Screw them. I don't use the park anyways. Not my business, not my problem. Schools, my kids are grown. Doesn't matter. Who cares about the next generation or my grandkids? It doesn't matter. That's how selfish they are, the people who support these types of things.
And that's why Abdel is doing this.
And that's why it's sickening because, you know, guys like him, they talk so big game about principles and all that.
And I'm sure, you know, take a lot of hits.
But like, ultimately they're politicians.
He looks at his poll numbers.
He wants to win.
And this is overwhelmingly popular.
And just in preparing for this segment, I found four different state and localities.
Actually, five, another one this morning.
E5.
Let's put it up here.
This from Boston.
Okay?
who was supposedly some lefty, great person.
Meir Michelle Wu signs city order to expand property relief for older homeowners.
Okay?
So to provide relief for these older homeowners.
Let's go to the next one.
What do we find?
Indiana.
Indiana governor.
Braun-Eyes property tax breaks for seniors and assessment changes.
Quote, once you get to 65, maybe you ought to have some relief from your own government
to not have property taxes after that.
He said, so I'll be looking for enterprise.
legislators to see if they're hearing that too. The other thing I hear is once you've paid off your
mortgage, why should you then have a fixed cost? Generally, that's going to be later in life.
With a 25 to 30 year mortgage, you'll be approaching retirement. He says he doesn't want to starve
local units of government, but said that those expenses shouldn't rise beyond what taxpayers can
afford and we can make up the revenue elsewhere. Hmm, let's go to the next one, shall we?
Pennsylvania, Democrats, all right? Pennsylvania House. It votes to fund property tax cuts for
seniors by levying, targeting big tech companies. Now, I don't care about big tech companies.
That's totally fine. Tax them. I don't give a shit. But what does this mean? Is you have a property
tax cut. They will take that revenue and only make up for the property tax of seniors, not for any of the
other younger homebuyers. And that's, that's, you know, right now I'm just fighting for parity.
But if I were really fighting, what would I say? Let's say, the people who got the money.
Cut the property tax for the first time homebuyers. Well, even means tested. I don't
care, all right? You know, that's fine. Of the three things, by the way, that I just read,
only one of those was means tested for lower income seniors, which is Boston, even then I'm
against it. Just because, yeah, I think it's unfair. It's like, why do you, what, lowering,
lower income single mom doesn't get a break, but lower income senior gets a break.
Which one do you think needs more of a break? If it is binary, ultimately, because of the government,
I mean, you can Google in, even these states, Indiana, what have they done for a young
family in the last three months. Nothing. Pennsylvania, same thing. Find me, find me something,
and I will read it here on the show. All the energy. And then finally, EA, let's put it up here.
Republicans. So this is bipartisan. Ohio lawmakers approve 350 million in property tax relief
for seniors. So it's because they vote. At the end of the day, that's what it's all about.
It's not just that they vote. It's definitely that they vote. It's also a function of the population
decline. Absolutely. The number, like, the number of,
people graduating high school is now, has declined the last couple of years and this is something
we can project with certainty, basically, with immigration being the only variable, because we
know who was born 18 years ago and who wasn't. And the population and the birth rate are going
down. And as a result, the young people in the voter pool who participate at a much lower rate
anyway are much fewer to begin with relative to the biggest generation. Now, the boomers are
Not going to be here forever, but they're going to be here for a long time.
Right.
Last one.
I literally found this one this morning because a friend of mine overnight texted me this.
Let's put it up here on the screen.
One of the leading candidates for governor in South Dakota, his name is Toby Dodin.
He says, this pays out property tax.
Guess what?
South Dakota, they don't even have income tax, just like Florida.
Who's going to pay?
Where's the money coming from?
It's South Dakota.
Sales tax.
They have a low sales tax already.
Where's it going to come from?
From the people who drive through the state who go to Mount
Rushmore? I mean, where is the money coming from? You're going to be driving your soybeans on dirt roads.
Right. Exactly. So you read through and you're like, oh, okay, so how's you going to make up the?
And he said, oh, maybe we'll do a luxury tax, a luxury goods tax. I'm like, okay, I'm fine with me.
But ultimately, what they write, because the South Dakota papers, you know, went through their proposal,
it's not going to make up the $1.8 billion. So where's it going to come from?
Not a lot of luxury goods being purchased in South Dakota, it turns out. No offense, South Dakota. No offense whatsoever.
It's a beautiful state. But it's like, you know, even in these states, and this is what I mean,
when it's sweeping the nation. You've got Florida, Texas, California, literally three out of the four
of most populous states. I'm sure New York, I haven't checked, I'm sure they have some sort of BS exemption
that's already here, which is on the books. Now you've got the senator potential from Michigan
who wants to enact this nationally. We're talking about trillions of dollars in bailouts, if that were to
become the policy of the United States. Or even the smaller states now, they're like,
oh, let's hop on the bandwagon, Vivek Ramaswamy, Ohio. Guess what?
what? He picked it up. Yeah, let's pay no sales tax. Everybody wants to win. Why not?
They want to win. Win, win. As in win for the boomers, win for the politician.
It's sickening. And, you know, last thing, last thing is I said, I don't even have this one
here in the show, but I read this Wall Street Journal story last night, and it was about schools.
And as you just said, with population decline and fertility rate, got all these schools
were just rotting. Nobody's even using them. So they're now converting them into luxury senior
your housing. That's a monument. People say, don't you want them to move? Yes, you're right. Thank you
for moving and for going to see your housing. You're right. But is that not emblematic of the problem
that we have here? This is Japan. This is what it's all going to look like. 20, 30 years from now,
you know, the whole economy is going to be like this in terms of health care and aging services.
We're already getting there. But 20, 30 years from now, that's what the whole thing is going to look like.
My elementary school, shout out to Wharton Elementary School in Kent County, is not a luxury.
condo yet, but it is shut down.
They wouldn't be able to sell luxury condos there.
My middle school was called Chestertown Middle School.
It is now called Kent County Middle School.
In other words, it is the only middle school in the entire county.
My high school was called Kent County High School.
It still exists.
It's like half the population that it was before.
And seniors will say, well, we don't use the schools.
You rely on the people who go to school.
for to wait on you at the restaurants,
to mow your lawn, to, you know, to,
for home health aides.
Yeah, I don't think of a society that produces the wealth.
We live in a society.
We live in a society, period.
It's like the mean.
Yes, you have to pay for the next generation.
People are always like, oh, just because you had a kid
and you want money now from the government.
You exempt me.
Put me in the legislation.
I will get nothing.
I don't want anything.
It's for other people, you know?
It's just, by the way, I just check.
College Hills Elementary shoutout and College Station.
Looks like it's still going.
There we go.
All right.
We got something.
But Texas is one of the few places you can probably buy a home because it's cheap, or at least
cheaper than it's overall nationally.
It's sad, man.
It really is sad.
And it's sweeping the country and you're just going to see more and more and more.
This just showed you five examples, literally from across the political spectrum, six
actually, including Abdul El-Siyadh.
And it's just going to, it will continue to sweep this.
I predict 2028, you will see mass.
freezing and or elimination of property tax in, I'm going to call half the states in the union,
half the states in the union, and probably the two-thirds of the U.S. population in the next five years.
As a politician, if you say no to this, you're dead.
Your opponent's going to be like, well, I'm going to cut your property tax rates.
If you were like, all right, well, good.
Sweet. You're not going to do anything else.
So at least I'll take that.
It only works if we all fight back.
All right.
Thank you very much for having me, Ryan.
It's been a lot of fun.
Bro show.
Chris will be back next week.
Emily.
Emily will be back as well.
Emily will be back.
Everything, everything restored.
Very convenient that they all traveled this week, isn't it?
That's right.
Sticking us with the Platner situation.
It's okay.
That's fine.
I stuck them with,
I'm sure something bad happened
whenever I was gone as well.
All right, we will see you guys.
Tomorrow, Friday show.
See you then.
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