Investor's Edge with Gary Kaltbaum - Vertigo day! [01.11.2024]

Episode Date: January 11, 2024

https://garykaltbaum.com/...

Transcript
Discussion (0)
Starting point is 00:00:00 At CVS, it matters that we're not just in your community, but that we're part of it. It matters that we're here for you when you need us, day or night, and we want everyone to feel welcomed and rewarded. It matters that CVS is here to fill your prescriptions and here to fill your craving for a tasty and, yeah, healthy snack. At CBS, we're proud to serve your community because we believe where you get your medicine matters. So visit us at CVS.com or just come by your food. store we can't wait to meet you store hours vary by location investors edge with gary coltbaum straight talk about you and your money now from the biz talk studios here is gary cult bomb and welcome once again to investors edge i'm gary colpom your host a thanks of being with us today glad
Starting point is 00:00:51 you hear ladies and gentlemen happy that you are listening it is thursday it's uh january 11th 2024. Hope you having a good day. Hope you can have a good evening. By the way, it's a three-day weekend coming up. In case you did not know, Monday we will have the best of Gary for the holiday. Next week I will be in Europe. I will be doing the radio show.
Starting point is 00:01:17 Not every day. It's going to be a four-day week for us. Not every day you'll have Adam for a couple of days. I'm not sure which ones. Or I may do all four days. Depends what the deal is. And it's 10 o'clock at night when I'm there. Let me think.
Starting point is 00:01:30 10 o'clock at night. Yes, I may do the show every night. What the heck? We'll see. We'll depend on markets. Anyway, this is Investor's Edge. This is serious talk with a little comedy injected, but no comedy as of late on you and everything that affects you. The markets, the economy, jobs, unemployment, taxes, deficit, spending, scam, shams, corruption, you name, we cover it.
Starting point is 00:01:52 And if you do not get this radio show in your city, we will post it at GaryK.com. We'll also post it on our Twitter feed, which is now X. And if you don't follow us on Twitter, you probably should. And if you email us, all we want you to do is be nice. Shouldn't be so hard, right? Should not be so hard. First thing out of the box, Alabama coach, Nick Saban, retiring, New England Patriot coach, Bill Belichick, moving on. I'm going to guess, hmm.
Starting point is 00:02:33 I don't have a guess, but he will be coaching again somewhere. I don't know where. Big change. As you know, I'm a big football nut and just a lot going on. I'm just hoping one day, you know, I got to be happy. I got a bunch of Super Bowl starting with the first giant Super Bowl win against Denver. I got to be happy. I got a bunch under my, including the 18 and one year where they beat.
Starting point is 00:03:03 the Belichick and the Patriots, but hopefully the Giants get better because, man, oh man, it is depressing to watch. Okay, that's your sports for today. Now Donald Trump for the day. First off, I did not watch the Nikki Haley, DeSantis thing last night. I heard they were really shooting some fire back and forth. I watched one hour of Donald Trump on Fox News. and as you know I am no fan
Starting point is 00:03:36 if it was up to me we'd have two different candidates I think Biden is a corrupt imp and Trump we don't have to go over whatever but I absolutely believe he is the chalk to be the next president
Starting point is 00:03:54 that can be wrong and the reason being is I believe he lost the last election the votes I do believe he was was screwed by the media and the social media. They blacked out all the bad news on Biden. That's where the
Starting point is 00:04:09 corruption was. But he lost, and the reason why he lost is he pissed off so many people. Leading up to the last few months, and I actually sent a message through to the Trump stop. Because I knew what was going on.
Starting point is 00:04:26 He was pissing off independence. He was pissing off people. Women, rural, the whole works. And he lost to an imbecile. He shouldn't have a lost. Even with COVID, and he made some serious mistakes during COVID. He shouldn't have lost. But he did. The whole goal, when you're running for something, it's kind of simple. You've got to be nice to everybody. If you have to fake it, you fake it, and the problem is he doesn't. the hate and vitriol that comes out of him,
Starting point is 00:05:03 he loses people. The name calling, he loses people. I know a lot of independents that will not vote for him. And they lean to the right. They just say, no. Can't take it anymore. I know a lot of them of my small sampling, of course. And I'm in Florida.
Starting point is 00:05:29 where he beat the pants off of Biden last election. And as you know, a bunch of states were narrow as nowers can be. And I don't care what they tell you about the votes. The fact is, here's the story of what happened with the votes. What happened with the votes. By the way, we'll be getting to the markets, and there's a one plus one equals two here. The down ballot, people were voting Republicans. And when they got to the president, they didn't vote for him.
Starting point is 00:05:59 That's how you know. So I watched last night Demeanor So much better The problem So many lies Last night Just
Starting point is 00:06:18 And just so you know I'm on top of this stuff Oh until COVID I was going to pay down the death No he wasn't He amped up the spending Oh I was going to use oil money to pay down. No, he wasn't.
Starting point is 00:06:34 Oh, China paid me a ton of money through tariffs. No, they didn't. The consumer did. China paid nothing on tariffs. It flows down to people, the buyers. Lies. So I'm going to try again.
Starting point is 00:06:51 Because the Donald Trump that if he came in and just kept taxes low, kept regulation, down. Get rid of this woke bull crap. I don't know if you saw the latest. John Hopkins, the head of diversity, sent out a memo. I mean, basically stating this, that, and the other thing, and these people, and those people are privileged. And then she had a back away from it because
Starting point is 00:07:20 she got jumped all over. The fact that these people are out there is insanity. If he would just come out and just back the police. Stop with the names. It's like, he's like a 12-year-old Eddie Haskell from Leavit to Beaver. Strong foreign policy, not kissing the ass of the bad guys. He talks better about Kim Jong-il and Vladimir Putin than people running countries decently. leave the markets alone leave the central bank alone
Starting point is 00:08:04 shut up don't go after people he'd get my vote he'd get my vote and when asked last night if he was interested in retribution because he said that in the past he said I'm going to be too busy
Starting point is 00:08:25 okay okay by the way he'd get my vote that's how bad Biden is knowing this guy has 91 counts against him knowing how crazy he is in some of his decision-making. But when you're voting for either the Ebola virus or the bubonic plague, you've got to pick one. But my vote is just out there
Starting point is 00:08:59 because he started in again today. And again, and again, and again. and he's calling prosecutors names that 13-year-olds call people. Using words like bedlam, there's going to be bedlam. Imagine, after what happened January 6th because of his words, I don't blame him for January 6th, but I believe he was the lit the, actually that is blame. He lit the fire. And now he's saying there's going to be bedlam.
Starting point is 00:09:38 And what does it tell the morons out there? Oh yeah. So I'm going to try and get to him and say, dude, I'm just your average guy that went independent a long time ago. That's logical. And I'm letting you know you are going to lose the election again, the general, if you keep this up. Demeanor better. The BS continues. And today he went nuclear again.
Starting point is 00:10:12 I want somebody with his feet on the ground and not all the other stuff give me the bucket of chicken I don't need the side stuffing what are we got 10 months we'll see how it goes we'll keep your breast and just so you know
Starting point is 00:10:39 Joe Biden doesn't have a chance of me voting for him and just so you know when they talk about Trump and his corruption and Biden well Biden just has good friends because he's about his corrupt as corrupt as can be. There's no doubt in my mind. So anyway, that's where, that's last night. And again, the lies and stuff. But, oh, every politician lies. Yeah, sure, right. Anyway, no matter what, if the president defines your life, we need to talk. Up next, the markets,
Starting point is 00:11:16 movers of the day. Much more. I'm Gary. This is the one only investor's edge. Hi, I'm Gary Kalbaum, hosted a nationally syndicated radio show Investors Edge. We're not just handsome radio people. We manage investors' money for a living, specializing in fee-based discretionary money management. No big commissions, just a fee on the assets that's managed. We also provide a full range of personalized services, including retirement planning, fixed income, and educational needs,
Starting point is 00:11:59 all to assist you in achieving your financial goals. Understanding not all individuals have the same needs, will carefully evaluate your personal goals to determine a proper investment strategy. If your current approach to investing is not getting you to where you would like to be, call us to make an appointment for a complementary portfolio review. The number to call is 888-4-2-5-59. That's 8-8-5-59. That's 888-4-22-55-59.
Starting point is 00:12:31 Investment advisory services offered through call-bomb Capital, management. Allergy season always has a way of sneaking up on you when you least expect it. One minute you're listening to your favorite podcast. You're locked in, hanging on every word when bam, a surprise bonus episode drops. Brought to you by allergies. The itchy, watery eyes hit non-stop sneezing kicks in and a runny nose forces you to hit paws. Suddenly everything is a trigger, the flowers, the breeze. It feels like even the trees are out to get you. Luckily, CleanX Ultrasoft tissues have you covered. They're allergist approved and silky soft to help prevent skin irritation,
Starting point is 00:13:13 so you can stay comfortable all season long. Don't let allergies put your life on pause, especially not when you finally got your cue exactly where you wanted. Be prepared with Kleenex Ultrasoft tissues. For whatever happens next, grab Kleenex. Add them to your cart today. Success starts with your drive, and American Public University is here to fuel it.
Starting point is 00:13:36 With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU.APUS.edu. One sweet, melty bite of a Hershey's bar, and suddenly I'm right back sitting on the front porch with my grandmother on a slow summer afternoon.
Starting point is 00:14:09 She doesn't say much, just breaks the bar. and half and hands me a piece. I opened my mouth to say whatever a nine-year-old wants to say, and she replies with a low, listen. So we sat there, listening. That was the first time I learned that quiet can feel full. Hershey's, it's your happy place. It's time to switch on the integrator units and get the brain cells working. You're listening to. Hey, this promises to be fun. Investors Edge. The last best year. of quality programming with Gary Coltbaum it doesn't get better than this and welcome once again to Investors Edge hey thanks for being with us today I'll be on British air tomorrow
Starting point is 00:15:14 going flying into London for a couple of days then Budapest looks like that's what I'm doing then train over to Vienna take a cart over to Salzburg drive down, go look up Hallstat, H-A-L-S-T-A-T-T-T. It's a small village. Go check it out. It's one of the most picturesque in the world. I'm going to take a little ride there, have a little lunch, and then fly back on Sunday the 21st.
Starting point is 00:15:44 In between, I have some meetings. Also, I will be managing money. Market opens at 3.30 p.m. till 10 p.m. every day. Tuesday through Friday, where I'll be. I have not four. I've been able to narrow it down to three screens. I now have three screens. I don't need the fourth.
Starting point is 00:16:08 I'll have that with me as I go. I'll have my iPhone and my earbuds to do the radio show with my little software. By the way, I used to have this big, gigantic whatever to do a radio show. Now all I need is my iPhone and earbuds. I have this little software. I paid $150 for it called Luce. see live. So when I'm traveling, that's how we do the show. Yay. So that'll be next week and we'll report to you because we'll speak to some people in business and stuff like that. We got,
Starting point is 00:16:42 you know, some connections. Anyway, all right, the market wrap. Well, believe it or not, the Dow was up 15. That's it. The S&P was down three. That's it. The NASDAQ was up less than a point. That's it. The NASDAQ 100, only 27. Transports down 67. Advanced the client, 17 up 22 down on New York. 1426 though on the NASDA as it was Big Cap Day.
Starting point is 00:17:09 But that's not the story. And let me explain intraday stuff. You know, we like, we care about the big picture. We want and care about the major trends. Like when we've been telling you now for weeks
Starting point is 00:17:24 and weeks and weeks, you got to much major trend on a lot of the oils. Down. For like the last year. China stocks, except for a couple. Down. Solar stocks. Down.
Starting point is 00:17:38 Gold stocks. Teased a couple of times, but mostly down. Trend. On the other end of the spectrum. Software stocks right now. Yeah, software stocks. Other technology stocks. Financials have been good, but a little bit on the squirrel.
Starting point is 00:17:59 pullbacks right now as we head into big earnings, which, by the way, starts tomorrow. I have my earnings thing somewhere in front of me. I know I got it. Just so you know, tomorrow morning, Bank America, Black Rock, Bank of New York City Group, J.P. Morgan Wells Fargo. Yeah, a bunch of them should have been indicted in 08. So that'll be tomorrow. So we care about big picture, but we also have good inclination about the daily activity. Why would that be? Well, we'll always have an interest in the opens and the closes. In bearish phases, it is well known you get often days where the market opens strong and finishes crappy.
Starting point is 00:18:44 In bullish phases, you get the opposite, weak and finish better. Why is that? What is it defined? What is the characteristic? Well, if you think about it, today's a day. it's every day's important and if the Dow's down 300 and finishes up flat that means they defended a day that could have been bad if the Dow's up 300 and finishes down that's bad because you had a chance to have a good day and they sold it off and just so you know bigger picture normally what you will get
Starting point is 00:19:24 is good openings and bad closes and bearish phases in the opposite. And guess what happened today? Which is actually good news. Today, at the lows, the Dow had hit 37-424. It was down almost 300 points and finished up 15. And by chance, the 21-day moving averages, 37-4-39, we hit 37-4-24. Four-24. Four days ago, did the same thing. So the 21 day right now is containing the Dow. The NASDAQ today, which finished only down, excuse me, finished up.53, hit 14800, was down 170. And they were mashing things. And by the way, we opened up strong first because the NASDAQ early in the day was 15-063. So we're up 93 points. So you had this. real bad reversal and you're like, oh crap, and you reverse back up, defended. And guess
Starting point is 00:20:31 where the NASDAQ got defended? Oh, that's right, the green line, the 21-day move and average. You know the Nvidia that we just told you, which has been doing great, finished up almost five today. NVIDIA, to give you an idea what it did today, it hit 553, hit a low of 435, 18 points, finish back up at 548, up almost 5. Defended. So just today, you had what could have been a real bad reversal day, defended. And it goes in my book as a defense day at support levels with some leadership. And what do I mean by that?
Starting point is 00:21:16 Well, there's a new yearly high list. And there's some strong stocks today. And you know where they were. We told you about Microsoft yesterday. That was up six early. It was down three later. Finished up two. But you got these software names and software security and enterprise software.
Starting point is 00:21:39 Strength. Netflix, strength today. Was up 23. Then only up six. Finished up 14. Sold, defended. So we'll chalk up today even though the indices is nothing as a defense day. Facebook was down 7, finished only down 80 cents.
Starting point is 00:22:11 AMD was down 5, finished only down 50 cents. Defense Day. What does that mean till tomorrow? It means nothing to tomorrow. It's just today's a defense day. As you know, we always tell you, we don't know what tomorrow brings. We just want to get the main trend right. It was a defense day, and it was good to see.
Starting point is 00:22:35 On top of that, I noticed some semis that are important to us that have been pretty dormant, woke up a little bit today. You know which ones those are, the equipment makers, lamb research, KLA 10 Corps, applied materials. If they get moving, that's going to be a big help. And that's your story today. Could have been a lot worse. Could have been better. Could have been a lot worse. And I have to tell you, when the selling was coming, it was vicious.
Starting point is 00:23:05 I was sitting there wait a minute come on and just slowly but surely they lifted that bad boy up up next tomorrow earnings
Starting point is 00:23:19 up next got some more I'm Gary this is the one only investors edge allergy season always has a way of sneaking up on you
Starting point is 00:23:39 when you least expect it one minute you're listening to your favorite podcast you're locked in hanging on every word when bam A surprise bonus episode drops, brought to you by allergies. The itchy, watery eyes hit non-stop sneezing kicks in,
Starting point is 00:23:55 and a runny nose forces you to hit paws. Suddenly everything is a trigger, the flowers, the breeze. It feels like even the trees are out to get you. Luckily, Kleenex ultra-soft tissues have you covered. They're allergist approved and silky soft to help prevent skin irritation, so you can stay comfortable all season long. Don't let allergies put your life on pause. especially not when you finally got your cue exactly where you wanted.
Starting point is 00:24:20 Be prepared with Kleenex Ultrasoft tissues. For whatever happens next, grab Kleenex. Add them to your cart today. Success starts with your drive, and American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh,
Starting point is 00:24:44 or pursuing a lifelong passion, Our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU.APUS.edu.edu. One sweet, melty bite of a Hershey's bar, and suddenly I'm right back sitting on the front porch with my grandmother on a slow summer afternoon. She doesn't say much, just breaks the bar in half and hands me a piece. I open my mouth to say whatever a nine-year-old wants to say. And she replies with a low...
Starting point is 00:25:18 Listen. So we sat there. Listening. That was the first time I learned that quiet can feel full. Hershey's. It's your happy place. We're listening to. America is talking.
Starting point is 00:25:36 Investors Edge. He's got to be pleased with that. The crowd is just on his feet here. He's a Cinderella boy. With Gary Colbomb. It comes highly recommended. You're going to feel better if you talk to him. Five words.
Starting point is 00:25:53 Five words. Please, please, please, be careful. Let me explain. The crypto crashed. I'm sure you know that on a couple of occasions. In fact, the GBTC, which doesn't go exactly dime for dime, from November of 21 to November of 22, went from 55 down to 7.
Starting point is 00:26:47 During that time, all the creeps were out, all the way down. Don't worry, don't worry, don't worry, don't worry. 55 to 7. It's back up to 40. It's gone from 7 to 40. Really? GBT. It's been on the move as of late.
Starting point is 00:27:18 because now there are ETFs and you have a bunch of shills out telling you you got to buy it. The problem is they told you how to buy it from 55 all the way down to 7. And I'm just trying to tell you they don't have a clue what's going to happen.
Starting point is 00:27:39 They don't know anything. But Kathy Wood was out today and said her base case is 600,000. Her bull case is 1.000. 5 million on something that's 40,000, I believe 47,000 right now, that's the Bitcoin. Please, please, please be careful. We are not telling you these things aren't going to go whatever they say they're going to do. Bitcoin was finished at 463 today.
Starting point is 00:28:25 we are not going to say that they're wrong. We're going to say this. We've seen this picture before. One of the main proponents of all this is this Kathy Wood. She's down 67% in her funds from 21. Two and a half years. 67% she's down. An average mutual fund is,
Starting point is 00:29:06 is beating her by probably 120 percentage points. Yet, she's being asked where it's going. She owns a ton. A bunch of miscreants, and I use that word, because I've watched them. Let's use the actual Bitcoin price. It went from 50, 64,400 in November.
Starting point is 00:29:44 number 21, down to 17,000, 16, 4, all the way down they were telling you to buy it. And don't worry. And I can promise you, psychology states, if you bought it when they told you at 64 and it went to 40, you're not sitting around. If you bought it 54, you're not sitting around. At 30,000, you're not sitting around. At 20,000, you're not, you get my point. yet these people are out so sure themselves
Starting point is 00:30:17 about as sure themselves today as when it was going from 64,000 down to 16,000 oh by the way that's 75% on the actual price of Bitcoin on the GBTC that's almost I think 90 some odd percent just please please please be careful because the ETFs are now out or announced and we just want to be careful about sell the news. I noticed today, just let you know, micro strategy,
Starting point is 00:30:52 and it's a Bitcoin, it's just a Bitcoin hedge fund. Hit a high of 727 on January 2nd in advance of this. It's 536, down 28% in the last 7, 8 days. Coinbase hit 187, it's 141. Oh, and by the way, it hit 161 on the U. opened today, closed at 141. Oh, and by the way, micro strategy opened today at 611, closed at 536. And then you got some real specs, Mara, M-A, open today at 2918. Closed at 2240. What was that, 28%.
Starting point is 00:31:39 Hit a high of 3132 weeks ago. And what's the other one? Riot blockchain? That's, one was 17 early today closed at 13 was 1875 two weeks ago my point is this the only way it can go to 600,000 is somebody's got to pay 599,999 dollars for something that has no earnings no sales no nothing there's nothing there's nothing I've asked every professional shill on Bitcoin, what backs the price on this? Tell me what backs the valuation and not one answer, because their only answer would be and should be, well, if it's going to go to $100,000, somebody's going to pay $99,999,99.99.99. Which means they're going to need you, which means they're going to continue to be up your you-know-what
Starting point is 00:32:50 trying to get you to move this thing that has no earnings, no sales, no company, no nothing based on blather. And I want to repeat something I said at the outset. I'm not saying it's not going to a million to half, but I'm giving you facts. They're not. A bunch of them went bankrupt.
Starting point is 00:33:25 on the way down, in therapy, on Maylocks, on Xanax, now they're big swinging, you know what, I'll finish with this. Please, please, please, please be careful. We'll let you know if they're up trends or downtrends. Right now, you have tops in place, climactic tops in the stocks that are involved with it, we'll let you know what happens with the rest. Please, please, please, be careful. The GBTC, which by the way, they say they needed these ETFs. What do you think BGTC is? It went from, what did we say, 55, down to 7.5. And they were telling you everything's great while you will lose in your arse. You got that?
Starting point is 00:34:42 One more time. Please, please, please, please be careful. We're not telling you to buy, sell shorter cover. We're telling you facts. No earnings, no sales, no company, no nothing. They just came up with an asset. Could have been a leaf. Over 30,000 of these crypto coins they try to foist upon you are at zero.
Starting point is 00:35:12 30,000 plus, I heard one of them say the reason why, oh, Kathy Wood said the reason why it's going higher and why it's going to go higher is because there's big owners. We've told you that. And they're apt not to sell. That should not be a reason price goes up in any market. the reason why something goes up is earnings and sales growth or in commodity land the price of the commodity what is this tied to anything beuler beuler I rest the case
Starting point is 00:36:03 as we move forward and I hope it goes to a million a half up next this that and the other thing and whatever else? This is the one only investor's edge. Allergy season always has a way of sneaking up on you when you least expect
Starting point is 00:36:38 it. One minute you're listening to your favorite podcast. You're locked in, hanging on every word when, bam! A surprise bonus episode drops. Brought to you by allergies. The itchy, watery eyes hit non-stop, sneezing kicks in, and a runny nose forces you to hit pause. Suddenly, everything is a trigger.
Starting point is 00:36:58 The flowers, the breeze. It feels like even the trees are out to get you. Luckily, Kleenex Ultrasoft tissues have you covered. They're allergist approved and silky soft to help prevent skin irritation so you can stay comfortable all season long. Don't let allergies put your life on pause, especially not when you finally got your cue exactly where you wanted. Be prepared with Kleenex Ultrasoft tissues.
Starting point is 00:37:20 For whatever happens next, grab Kleenex. Add them to your cart today. Success starts with your drive. An American Public University is here to fuel it. With affordable tuition and over 200 flexible online programs, APU helps you gain the skills and confidence to move forward. Whether you're changing careers, starting fresh, or pursuing a lifelong passion, our programs are designed for people who never stop. You bring the fire, APU will fuel the journey. Learn more at APU.APUS.edu.
Starting point is 00:37:56 One sweet, melty bite of a Hershey's bar and suddenly I'm right back sitting on the front porch with my grandmother on a slow. Oh, summer afternoon. She doesn't say much, just breaks the bar in half and hands me a piece. I open my mouth to say whatever a nine-year-old wants to say. And she replies with a low...
Starting point is 00:38:15 Listen. So we sat there. Listening. That was the first time I learned that quiet can feel full. Hershey's. It's your happy place.
Starting point is 00:38:26 You're listening to. What are we waiting for? Well, what are you waiting for? One, two, ready, go. Action! In the Gester's Edge. With Gary Culpa.
Starting point is 00:38:51 In case you don't know, it's really cold this weekend all across the country. Well, most areas. By the way, it's cold in Florida today. Billings, Montana is going to be minus 20 degrees. I believe Kansas City Miami Games are going to be minus 5 degrees. What happened to the global? warming. Oh, that's right. It's climate change. When it's cold, we're right. And when it's warm,
Starting point is 00:39:27 we're right. Just letting you know. I'm letting you know it's winter. Hey, in the news, we are finding out in Toronto, some organizations have been paying people to take part in the anti-Israel demonstrations. They are not pro-Palestan. Palestinian demonstrations. They are anti-Jew and anti-Israel. People are being paid. Just letting you know, I wonder if it's happening here too. Hmm. Hum. Hum. In the news, I believe I mentioned to yesterday about California. Oh, they're proposing a lot more cuts than even from yesterday. And you know what they're cutting?
Starting point is 00:40:47 Climate change. They're slashing climate change programs. You mean they figured out they're full of crap and they can't be in deficit? Interesting. In the news, I want to thank. Don't thank them often, but congressional Republicans. They are targeting, they're targeting the tax-exempt status of Harvard-Cornell, MIT and University of Pennsylvania. Good. Well done. They're lucky I wasn't president.
Starting point is 00:41:30 These institutions, every one of them should treat everyone as equals. Nobody gets favor. Nobody gets demerits. Everybody is equals. Nobody is above the other. If you treat one one way, you treat the other one way. And that is that. That's how we. We live our lives here. We taught our kids from day one. You treat everybody like they matter. I don't care any race, creed, or color. Gender, denomination. Live and let live.
Starting point is 00:42:07 I love how many people are all pissed off at others. I got news for you. These people that change their pronouns and stuff, I just love when people are pissed off that they're doing that. Give us a crap. whatever the hell they want to do. I saw one lady changed a tree or something like that. You want to do that, have fun. One foo over the cuckoo's nest. Anyway, these institutions that are teaching young men and women
Starting point is 00:42:36 to hate Jews, to hate the Israeli state, take away their tax exempt status. They're money talks. Imagine these days if they would teach in in class to hate blacks and Hispanics imagine if they were doing that right now what do you think the media would be doing what do you think that race bait or Al Sharpton
Starting point is 00:43:09 would be saying but no it's all in context when it's Jews so a big up yours to them from the Republican Congress, and let's hope they mean business. Put some irons in that fire.
Starting point is 00:43:31 Make them feel the financial pain. Humble them into start thinking about not being racist and bigoted towards anybody. You know, there's a thing against Asians too now. You do know that. There's been this whole thing about, oh, we have too many Asians doing well so we have to have certain people that not as good grades
Starting point is 00:44:00 as these agents, we're going to put them above them. What? That's the opposite of meritocracy? That's where Asian students filed lawsuits. How the hell am I not getting into this? So good on the Republicans,
Starting point is 00:44:21 but I want some teeth. I want some teeth. The way to make these idiots pay is the box. And they're already paying. They're losing a lot of donations. But now the government. Our taxpayer dollars, remember, it's not government. It's us. We're funding these miseries. You and I. Just letting you know. That was in the news. And I think that pretty much covers my news of the Israel has, if you notice, not a lot. They are pulling back soldiers. They have really taken northern Gaza and Gaza City.
Starting point is 00:45:09 They are destroying tunnels left and right. They were right about everything. They are finding bad stuff in hospitals, in homes, in schools, tunnels up the wazoo. And very simply, Israel is going to make sure. Ain't nobody coming in here again and doing what you just did. And it's interesting, nobody's protesting Egypt. Egypt will not let a Palestinian in to Egypt. Oh, but in case you don't know, Israel allowed thousands of Palestinians in every day to work.
Starting point is 00:45:49 And as I have said to you, mucho Arabs work and live and play. in Israel. They don't tell you that. They keep saying apartheid. Again, anti-Semitism, Jew hating, they can all go screw and I'd say it right to their face. And that goes for any race, creed, color, you name it. Hey, you get Adam tomorrow. So you don't have to hear any of me. You have a great evening drive carefully. Monday, best of Gary. doing the show Tuesday. Stay well, be well when you get home, make sure you hug your children. Thanks for joining. Peace out. Take care. Bye-bye. This has been Investors Edge with Gary Cult Bomb on BizTalk. To listen to past episodes or to get
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