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Summary
Transcript
Now, you can sit there and say, Dan, I don’t live in Oregon. It doesn’t affect me. No, this affects all of us right now, because what’s happening is that we’re seeing numbers that we cannot deny. This is two parts. First part is that there is a great article below, the second article, talking about how the Biden administration, the Bureau of Labor Statistics, which keep track of everything that we’re told, where our gross domestic product is, where the economies are headed, which areas of countries are doing bad. And what if every single number from the last administration was completely made up out of thin air? We can’t tell people that.
We’ve got to tell them things are good. We’ve got to tell them inflation is transitory. We’ve got to tell them that it’s all going to work out. When we’ve lived this, guys, you can’t afford to go out to dinner. You can’t afford to go on a vacation, airline tickets. Oh, they’re coming down. Well, people didn’t travel this year like they did in previous years. It’s off. It’s absolutely off. But the job market is the problem. And we’ve talked about this. Hey, you’re lucky if you have a job, you’re lucky about this. You know, if you’re looking for a job, expect to get paid less.
And Laura sends me this great article talking about the state of Oregon. And Oregon is averaging, think about this number, 600 job losses per month for the state, not adding jobs. They’re losing 600 jobs a month. And in the last sense, the beginning of 2024, there’s been over 11,000 people that have lost their job in that one state alone, minus, minus, minus, minus in the state of Oregon. And this rivals the Great Recession of 2008 and 2009. What are we in, guys? What is this? What do you want to call this right now? Because this is bad.
This is horrible. But the labor market is a huge, huge problem. When you have companies that cannot afford to hire people, this is a huge problem. When you have companies losing people on a grand scale, this is a problem. And the thing about this that people just don’t want to admit is they say, oh, it’s not a very busy state. Okay. Keep telling yourself that. Because this is just, it’s too much, guys. It’s too, too much. So the problem with the labor market is, again, I don’t believe these numbers that we’re being told about inflation. I don’t believe anything.
And, you know, one video I did where I said, this is Trump’s economy. And you had people that were just furious. See, finally admitting that this guy. No, no, no, guys. This is, you know, we’re in this. We’re in the soup. You know, we’re the, we’re the frog in the water boiling, you know, and it’s getting the heat’s been turned up. You have to accept this. If you don’t want to accept it, you’re just foolish right now because as they talk about interest rates getting raised, you know, in the next week and I mean, excuse me, lowered in the next week, how this is going to be the thing that’s going to change everything.
It’s going to do nothing, guys. It’s not going to make your house more affordable. It’s not going to make things more affordable. I’ve read two great articles over the last week that were sent to me where people relocated to different areas. And the latest one was people went from New York City to Maryland. And this couple thought, oh, we’re going to save so much money. And they hate it. They hate the slower lifestyle. They hate the fact that now they own this house and they have to fix everything up themselves where they paid rent. And yes, the rent was high in New York, in Brooklyn.
And but they just gave up for this sleepy town. And what happened after Labor Day? You know, these people went to a beach town, which sounds like heaven. No, it’s dead. Absolutely dead. Because what happens is a lot of people, you know, shut down even here in Southern California. A friend of mine yesterday, we went out and she said, oh, let’s go by the fish market. We’ll get some fresh fish and cook it tonight. Go by the fish market. Hey, we’re closed until October 3rd. Oh, wow. I’ve never seen that here before. Yeah. So done. Done.
But again, if you’re new to an area, you don’t know that stuff. So job market’s a mess. It’s just absolutely off the chart how bad it is right now. You know, the data read the article because it just it’s disturbing. It really, really is. You know, our main man, Elon Musk, who I’ve given a lot of heart, you know, times about over on this channel. He just went out in the last week and bought a billion dollars of Tesla stock, one billion dollars. And now that this has been publicly announced, you know, the stock shot up a ton.
He’s made eight percent already. But it’d be nice if you could go out and buy a billion dollars of your own company stock. You know, that would be amazing. But again, he believes in Tesla and he’s been in the news lately talking about what’s been going on in the world and how he thinks there’s going to be, you know, more and more problems to say the least. So let me know what you think about that. You know, Ed Dowd is an economist and, you know, his words, not mine. And again, a great article. You know, this is the panic rate cycle that we’re living through and that you’re going to see people that are going to be relying on these interest rates cuts to fuel, you know, a debt economy.
And as he calls it, a turd economy, that it’s completely off. And, you know, one thing that I’ve learned from very, very wealthy people is that it doesn’t matter where you’re at. And like Bob Kudla, you know, which I got to get a hold of, Bob. Talk to him again. Bob sitting there saying that, you know, you should know how to trade a market and make money whether it’s up or down. And a guy like that does make money when it goes up or down. And if you know things are bad, then you can kind of prepare yourself and you can make money in a bad market.
But Ed Dowd’s talking about how, you know, what this administration inherited is really, really bad. And people need to accept the fact that, you know, we need to cut interest rates a lot for it to do anything. So, again, quarter point, half a point, you know, make your prediction on what you guys think it’s going to be. I’d love to hear it. So let me know what you think. Let’s talk about our sponsor, Patriot Gold Group. Let’s face it, guys. Gold has done tremendous things in 2025. Experts have said that silver could be the play of a lifetime.
The best place to buy all precious metals is Patriot Gold Group. Call them today, guys. 888-330-1431. You know, UBS, Morgan Stanley, JP Morgan, Bank of America, keep saying one thing, and that gold is going to shoot up. We could see a 20 percent increase from where it’s at right now. Call number one rated Patriot Gold Group today, 888-330-1431. Let them answer all your questions. If you don’t want to call, use the link below, guys. They will send out a free investor guide. They will answer all your questions, and you need to get yourself into precious metals in your retirement.
You know, September and October are generally the worst months for the stock market, and if you look at history, you know, and 1929, 2000, 2008, we all had stock market crashes right after a rate cut. Get ready, guys. Get ready. Call them today, 888-330-1431. Let them answer all your questions. Contact number one rated Patriot Gold Group today. Now, I want to ask you guys a few questions about where you live, and just tell me if you have these amenities. And the first one is, do you guys have a tennis court? I don’t have a tennis court where I live.
It’s too bad. Do you guys have a public barbecue pit? No, you don’t have those either? Okay. You know, free electricity, do you guys have that? No. Where do you get that at? Well, there is a homeless encampment in Koreatown in Los Angeles that has taken over a vacant lot, and they have built quite the community. They have a tennis court, they have a barbecue pit area, they have a communal area where everybody can sit down and hang out with all your other homeless friends, and they have free electricity. What they did was they went to a power pole and tapped into a line with a surge protector and gave themselves free electricity.
Now, the city of Los Angeles, you know, being the fun-loving, free-loading city that it is, has sent the owner of the vacant lot a letter. Now, it’s owned by an LLC for a Delaware corporation. You guys better come out here and fix this, or else we’re going to deal with it. Can’t let the police do it. Can’t, you know, come out there, but think about this. They have people living there that have set up their own community, and stealing electricity, setting up a tennis court, having social, you know, areas. Read the New York Post article, because it’s insane.
It’s absolutely insane. But again, you know, you can’t give people a hard time, especially in Los Angeles, you know. Move along. No, you can’t say things like that. That would be too much. Too much. So, again, I don’t have a tennis court. You guys, the homeless do in Los Angeles. Don’t forget that. And don’t forget this number forever, as long as you ever watch this channel. There’s 23 billion dollars missing from last year’s homeless money that was spent, and they’re letting these people steal somebody’s land, steal electricity from the city. And this is in Koreatown.
Now, Koreatown’s kind of an eclectic place, but you’ve got this nearest school and near an apartment complex where children live, and you’ve got, you know, the homeless people hanging out unhoused. Dan, come on. Be kind to these people. You’re really showing how callous you are. Oh, okay. It’s me. It’s all me. Sorry about that. You know? So, you know, this new kind of job market that we talked about a little bit earlier, I found a great article about a thing called job hugging. How you’re lucky if you have a job. Well, now you better pray you don’t lose your job right now.
Because here is the thing. You think it was tough to find a job earlier? And again, oh, I’ll find a job anywhere, Dan. Right. I have really, really qualified people that I have, that I know in my life, that, man, I’m talking about celebrating when they find a job. Some of these are professionals with degrees and things like that, and they just cannot find themselves a place to work right now. You know? You want to find a job, though? AI engineers, that’s the highest paying job right now. And I’m not making this number up.
Read this below, okay? AI engineers to help run your data centers and collectings, how much money were they making here in the United States? As much as $900 an hour, $900 an hour to go work to help aggregate AI and run AI. Artificial intelligence is going to do many, many things. It’s going to create billionaires and trillionaires. It’s going to create serious, serious wealth. But it’s going to get people out of a job. You know, as I woke up this morning, I couldn’t really sleep, and I’m sitting there going through stuff that people send me, and I have just seen some wild things.
The days of, you know, creating a website and having to have somebody, you know, spend, how could I listen, we’ll have an update for you in two weeks. Those days are done, guys. It is minutes to create a website. You can tweak it. You can get it done. You could post a website, you know, basically every hour if you wanted to right now with some of this technology. And there are things out there that are basically free to use. Hey, you can create eight websites a month. Well, people won’t, some people won’t create eight websites in a year.
So, you know, or their lifetime for that matter. But that’s where you’re at, $900 an hour. So, you know, Dr. Marvin sent me a great article about Medicare Part B premiums going to $200 a month. Do you have an extra $200 a month? Because this is the thing, this is what kills people, is, well, gosh, okay, I can afford my insurance if I don’t eat. That’s a world we don’t want to deal with right now. You don’t want it so people are so upside down that they cannot take care of themselves and they cannot take care of your health.
Again, I’m telling you this right now. The one thing you have to do is you have to get checked out. You have to make sure cancer screenings are done. You have to make sure that you’re getting, you know, health care any way you can. And people hate the dentist. People hate going to the doctor. But I’m telling you this right now. In this world, you know, you have to take better care of yourself right now because it is worse and worse and worse. Here you go. Here’s a great article about students. The number of students that are not math proficient right now in the United States, there’s more seniors.
The worst lot of seniors just came out of high school right now that cannot add and subtract and do general math. Hello, okay. Again, you know, it’s funny. I had an article sent to me about a girl that was 13 and couldn’t read, and her parents were so upset. I’m like, how do you not know this at 13? And again, I blame the parents, you know. I just, we dealt with, you know, our children. You know, my ex-wife and I, we just spent time with these kids reading and working with them, you know.
And the kids turned out fine, but God, they sure couldn’t knew if they could read by the second grade. I knew what was going on. So I’m telling you, it’s just too much. You know, oh, we talked about UBS in the commercial earlier. UBS wants to change its headquarters from Switzerland. Bank, the bank UBS wants to change its headquarters from Switzerland to the United States because there’s less regulation for bankers here. And they feel that the banking community environment in Switzerland is a little tough. You ever heard of that? Never. It’s never been done.
But again, we want more shenanigans. We want to play games. We want to be in the United States. So let me know, you know, what you think about that. And final, final thing, which I thought was crazy, was people are going to chat GPT for their religious, you know, needs. And not going to church, not doing anything like that. They’re going to chat GPT to get advice on the Lord and on religion. Is that just wild? I’m telling you guys, AI is a good thing, but you need to have a life. And you got to get out.
The best thing that you can do is socialize. Best thing you can do is get out amongst people. And again, find interest. If it’s church, go to church, guys. Don’t sit there and ask your computer about, you know, this. I think that that’s insane. Okay. Because we’re seeing, you know, it’s one thing to do recipes. It’s one thing to do. Hey, I want to do fitness and my back hurts. And what about these exercises? Chat GPT is great. Chat GPT is great for a lot of things. You know, perplexity, all those different sites. But you’ve got to sit there and socialize with people.
It was the best thing that anybody can do right now. And again, there’s a loneliness epidemic right now. And then people, when they go out and if they lose their job, can’t figure out why they can’t find a job. You know, oh, I sent out 28 resumes. Great. It means nothing right now. So, anyways, let me know what you think. Are you seeing this with the job problem right now? Are you seeing this with the economy? Do you believe the numbers? Are you going to get a tennis court any time soon? Let’s go hang out with the homeless and go play some tennis.
Okay. They’re probably not very fit. We could probably win. Anyways, man, that’s a horrible joke. No, it’s not. Okay. Like, subscribe, email me hello at iallegedly.com. Okay. Onward and upward, guys. Onward and upward. [tr:trw].
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