Hour 3 - The Opposite of Reality
4/23/202638 mincomplete
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0:33T's and C's apply. Third hour of Clay and Buck kicks off now, everybody.
0:37I'm here in New York City.
0:38Joining me in studio for a conversation with our man Clay is Rafael Mangual, head
0:43of research for the Manhattan Institute's Policing and Public Safety Initiative.
0:49Rafael, great to have you.
0:50You always do so much great stuff on crime, criminal justice.
0:54I feel like we should have had the, Clay, the law and order, you know,
0:57the dun -dun that they play.
0:58Yes, yes. Great audio all -timer there.
1:03So good. That should be Rafael's intro music here, but he knows the crime scene.
1:07He knows what's going on.
1:08Let's start. Actually, I'll start you on the happy side for a second before we
1:12get into some of these recent incidents that show where the system is still massively
1:16failing. Just give us the top -line hits of how much some of these Trump
1:22federal initiatives in places like Memphis, D .C., we've talked about.
1:25And by the way, anywhere else, where are we seeing, in addition to D .C.
1:29and Memphis, if anywhere, really serious decreases in violent crime?
1:35We're seeing lots of decreases across the country in serious violent crime, particularly homicides, shootings.
1:40Those are going down in cities across the country.
1:43Memphis and D .C. are standouts because they were targeted by the federal government with
1:46these task forces. So you have, you know, a multi -agency task force that has
1:50been deployed in all these cities, along with the National Guard, aimed at really keeping
1:54public order in streets and, you know, addressing warrant backlogs, as in the case in
1:59Memphis, making arrests, just doing good old -fashioned policing in places that need help.
2:04And when that happens, what you see is that crime goes through the floor.
2:07So Memphis has seen more than a 40 % decline in crime since the Memphis
2:10Safe Task Force kicked off last September.
2:12Really outstanding. I actually did two days of ride -alongs with them a few weeks
2:16ago, and it was just incredible to watch them operate.
2:18What were they saying to you about, I mean, these are the people truly on
2:21the front lines of public safety in Memphis.
2:24Clay and I have talked about the numbers.
2:25We have our friend Ben Ferguson.
2:27He got shot at in Memphis.
2:28He's, you know, on his front porch.
2:30So it's a rough town.
2:32Memphis has long been one of the most dangerous cities in America.
2:35I mean, for 20 years straight, it has consistently been one of the most dangerous
2:38cities in America. What these guys are telling me, I mean, these agents are doing
2:41two -week stints in Memphis, right?
2:43They're getting rotated from around the country, coming in and doing two -week stints.
2:46The most fascinating thing that they all told me, and a lot of them, you
2:50know, did service in Minneapolis, was that there was just, it was night and day
2:54in terms of what the public's response were.
2:56They were getting thanked everywhere they went.
2:59They were getting stopped in the street.
3:01People were saying how grateful they were to have them.
3:03And it just, it makes you understand just how bad the crime in Memphis was.
3:06And what was the deal in Minneapolis for them?
3:08They were just people cheering at them?
3:08Oh, in Minneapolis, people were yelling at them, throwing things at them, spitting at them,
3:12you know, standing outside their hotels and banging drums and flashing lights into the rooms.
3:17I mean, just basically trying to make their lives miserable.
3:18If they got, you know, caught while off -duty out at a restaurant, they would
3:22get heckled and screamed at.
3:23Unbelievable. I mean, it was wild.
3:25Actually, there was one agent who actually got kidnapped in Minneapolis, you know, during trying
3:31to make a car stop.
3:31The guy took off with him in the car.
3:33And he was just like, you know, it's a much more dangerous city in Memphis,
3:37but the fact that we have public support makes this an exponentially more desirable assignment.
3:44Was it a huge deal to you, thank you for coming on with us, that
3:47we set a theoretically 125 -year low on murders last year?
3:53And I assume we're hopefully trending down even a little bit more.
3:56I know in Memphis and D .C., for example, the numbers have collapsed even more
4:00compared to last year. If we really, I'm just kind of curious, you look at
4:04this, you follow it all the time.
4:06If we had a true commitment to a goal of driving down murders, how low
4:12do you think we could drive them down?
4:13And what would that policy need to look like in order to drive them down?
4:18Oh, I think we could probably get them down another 50 % if we really
4:21committed to it. And I think the policy that we would have to enact is
4:24really... Sorry to cut you off.
4:26That would mean that around 10 ,000 people, which is a pretty big number, would
4:31continue to live if we could drive this down to kind of contextualize for people.
4:35There's around 20 ,000 murders a year.
4:37So you think we basically could save 10 ,000 lives.
4:40Sorry to cut you off, but what would that look like?
4:42Yeah, yeah, no, I think we can.
4:43And the reason I say that is because when you look at the homicide problem
4:46that still exists in this country, it is consistently characterized by repeat offenders, meaning that
4:51the people who are committing these offenses are individuals who are running through the system
4:54time and again, and they're getting turned right back out into the street.
4:57That's a policy choice, right?
4:58We don't have to continue to release these people.
5:01So when you see stories of individuals who committed some heinous crime and he's got
5:0410, 20, 30 prior arrests, what that tells you is that the system is doing
5:08a pretty good job of identifying who the problems are, but the rest of the
5:12system isn't operating as a backstop to keep that individual off the street.
5:15If we committed to some kind of sort of habitual offender enhancement system where, you
5:21know, whether it's three strikes or five strikes or 10 strikes and you're out and
5:24we can sit simply kept these people off the street for a long time, that
5:27would pay massive dividends. You just mentioned that most people who commit murders have been
5:32arrested many different times. Do we have a sense for what the profile of a
5:37typical murderer would look like?
5:39He, I know it's a he, has typically been arrested how many times, how old
5:43he is. I'm going to let you actually address this.
5:46My guess would be he's black, right, based on the statistic.
5:49Who is the typical person who commits a murder in the United States today?
5:54Because to your point, it's not as if we need to be worried about 75
5:57year old Asian guys. Right.
5:59Right. The window of who commits crimes is what and looks like what.
6:03Right. So it's it's normal.
6:04The median homicide offender in the United States is going to be someone who's black
6:08male, mid 20s, maybe late 20s, who's going to have somewhere between 10 and 12
6:12prior arrests in their criminal history, likely multiple convictions.
6:17And a good chunk of them are going to have an active criminal justice status,
6:20meaning that they are currently out on bail, probation or parole.
6:23Or, you know, pretrial release of some other kind, if not bail.
6:27So, again, these are I want to make it clear.
6:30These are people whose profiles match also the profiles of the homicide victims.
6:34Right. The homicide victims are coming from these exact same demographic.
6:39It's a lot of young black men.
6:40Exactly. Right. Been saved. Exactly right.
6:42Right. So, you know, it's it's funny because when conservatives talk about, you know, the
6:45demographic profiles of criminal offenders, you know, liberals always jump on them and say, well,
6:49hey, you're being racist. You're playing the race card.
6:51You're, you know, playing up these stereotypes or these tropes.
6:54But the reality is, is that these same profiles are the people who are absorbing
6:58the bulk of the crime problem.
7:00Right. I mean, if you look at New York City, for example, where we are
7:03right now, consistently every single year that we have data for going back to 2008,
7:0795 plus percent of all shooting victims are black or Hispanic, almost all of them.
7:11Yeah. Wasn't there recent data that of the shootings in New York as well, 300
7:15and something of them in the last year?
7:18There were two white or three white shooters over.
7:20Yeah. It's a it's a it's a super minuscule number.
7:23Right. It's like it's it's almost non -existent.
7:25Almost non -existent. When you look at the perpetrators for for shootings, it's like 96,
7:2997, 98 percent. And Rikers Island is 90 something percent.
7:33I know this when I was when I was in the.
7:34I think, by the way, this buck, what he just building on started to jump
7:38in. But if black lives truly did matter, to build on your point, if we
7:43cut the murder rate by 50 percent, we would actually be saving overwhelming numbers of
7:49black lives. Well, that's something we hit.
7:51I mean, he totally agrees.
7:53Rafael saying this, but and that is that.
7:55Can I blow your mind with the statistic?
7:57Because we've actually already cut the homicide rate 50 percent in our recent history.
8:00Right. From 1990 to 2014, the homicide rate in this country was reduced by 50
8:05percent. There's a great study looking at the effect of that decline on life expectancy
8:10broken down by race. That decline added 0 .14 years of life expectancy to the
8:15average white male's life. But it added a full year of life expectancy to the
8:19average black male's life. So you are exactly right, Clay, to suggest that if we
8:23reduce homicide 50 percent, the beneficiaries are overwhelmingly going to be black males who are
8:28currently dying from gun homicide at a rate that is 10x that of white males.
8:32Now, talk to me about shifting a little bit, but still in the criminal justice
8:35zone here. The this situation in we have turnstile jumping in New York is a
8:41big problem for a long time.
8:42BART, which is the San Francisco light rail there, their mass transit trains set up.
8:49I've never actually taken it, but I've read about it.
8:51They decided that enough was enough in San Francisco and they put up plexiglass so
8:56that you had to pay to get in.
8:58What did this result in?
8:59Because I think it's an incredible story, actually.
9:01It's it's wild. I mean, it is resulting in an estimated additional 10 million dollars
9:06in annual income for the system, which is important because more people are going to
9:09be paying their fare if they want to get in.
9:10But the most important thing that it has resulted in is in a 41 percent
9:14decrease in crime within the BART system last year.
9:17That that is amazing and it's enormous.
9:20And what that tells you is that there's a massive overlap between the sort of
9:23people who jump the turnstile to break into the system without paying and the kind
9:27of people who cause and wreak havoc within that system after they hop that this
9:32is just you know, it's also, by the way, I read in that analysis that
9:35the amount of time spent cleaning up graffiti, right?
9:38Cleaning up just, you know, people leaving like, you know, stuff everywhere, you know, human
9:42waste, you know, needles, exactly.
9:45Like not, you know, not leaving a sandwich wrapper, but leaving like real, you know,
9:49biohazard stuff. All of that results in less city, less city man hours spent.
9:55So you're saving money on that and you're getting more money and you're having less
9:58assault. And yet Mom Donnie here in New York, his big thing, Clay, addresses Raphael,
10:03wants to make the buses free.
10:04Yeah, everybody can get on the bus.
10:05And everyone says it's going to be mobile homeless shelters, Mom Donnie.
10:08He wants to make the buses free, but his rationale is actually kind of wild.
10:12He thinks that making the buses free is going to reduce crime on the buses
10:16by, according to his calculations, 35 percent.
10:20Now, of course, the exact opposite.
10:22It's the exact opposite of what reality is, right?
10:24I mean, he obviously doesn't understand how these things work.
10:27Actually, I think he does.
10:29He's just cynical. Ideologically. Yeah.
10:31You know, and he knows what he's doing.
10:33But the reality is, is like, I mean, we learned this in the 1990s in
10:36the New York City subway system.
10:37You start enforcing the law.
10:39You raise the transaction costs of coming into the system without paying.
10:42You make it less likely.
10:43The system gets safer. It becomes more attractive to law abiding people who will then
10:47flood into the system and use it more.
10:49And that makes the city more attractive.
10:50If you take... The central public transit system that is the lifeblood of a city
10:56like New York, and you allow it to fall into the hands of vagrants, of
11:00open -air drug users, of homeless encampments, of criminals, then it's going to be less
11:05attractive. That's going to make the city less attractive, and it doesn't work that way.
11:09You need to get that part right, and it's just simply a matter of political
11:12willpower. Sheridan Gorman, we talked about this yesterday on the program.
11:17We could point to a bunch, Lake and Riley.
11:19What does the data reflect about illegal immigrant crime?
11:24Because we always hear, oh, the illegal immigrants commit crimes at a much lower rate.
11:28That might well be true, but if we had no illegal immigration at all, we
11:32would have a zero crime rate from illegal immigration, which seems ideal.
11:36What does the data reflect from your perspective on cases such as these?
11:39Yeah, I mean, there's just not enough data.
11:41That's the real problem. I mean, the people who make this claim confidently about illegal
11:44immigrants committing crime at a lower rate, I mean, it's not that they necessarily shouldn't
11:49be believed, but we have to understand that those analyses are based on only a
11:52handful of jurisdictions that make that data available.
11:55Most of the country is not tracking the immigration status of the people that come
11:58into contact with the criminal justice system.
12:00So we don't have systematic data to suggest this.
12:03Moreover, it's kind of silly to aggregate a group as broad and diverse as illegal
12:09immigrants together and suggest that they have one crime rate and they all have the
12:13same likelihood of committing a criminal offense.
12:16Right. Those that group has different subgroups that will offend criminally at wildly different rates.
12:21So maybe illegal immigrants as a whole don't commit crime at a higher rate than
12:26Native Americans do, but maybe illegal immigrant males between the ages of 18 and 25
12:32who cross the southern border illegally as opposed to overstaying a visa from South, Central
12:37America or Mexico, maybe they have a higher criminal offending rate than most other Native
12:43American subgroups. Last question for you.
12:46I love this. Buck, we could maybe do an entire deep dive on this because
12:50I think the data matters.
12:52You mentioned earlier, and it's so true, that any time you talk about crime and
12:55you point out the truth, which is young black men both commit and are victims
12:59of crime at statistically infinitely higher rates than their per capita population would be, there's
13:06big discussions about racism and, oh my goodness, how dare you have this conversation.
13:10Is that conversation actually occurring more frequently now or are the so -called censors or
13:16racism screamers, are they still diluting our ability to have honest discussion about where crime
13:22is and who the victims are?
13:23Yeah, I do think that there is some sort of fatigue on the part of
13:27the public with regard to this debate.
13:29I mean, we were all treated to firsthand examples of what happens when the other
13:34side of this debate gets to make policy.
13:36And that was the massive crime spike that we saw in 2020 and persist through
13:402021 and 2022. We're finally starting to get things on the right track, in part
13:44because the political posture of the country has changed on this issue.
13:48You have seen a lot of state legislatures rolling back some of their prior criminal
13:52justice reforms in places like Louisiana and Tennessee, adopting new tougher laws in places like
13:58even Colorado with truth and sentencing or California with Prop 36.
14:01You're seeing a lot of progressive prosecutors around the country over the last several years
14:05lose their races, lose their reelection bids.
14:08So I do think that there's less tolerance for that line of argument within the
14:14American public. And that, I also think, explains, at least in part, why we are
14:18enjoying some success on the crime front.
14:19We need to get you back on, because I think the idea of driving down
14:23murders to 10 ,000 in a year is one that should be universally embraced.
14:28And we have the ability to do it.
14:29And Clay is very anti -murder.
14:31Yeah. He's very anti -murder.
14:33Clay is, he's not afraid who hears it.
14:35He doesn't like the murders.
14:36Wants them very low. Very low murders.
14:38Nobody hates murder more than me.
14:39Thank you for the time.
14:40This was awesome. Thank you.
14:42Rafael Manguel, great stuff, man, as always.
14:43Appreciate you being here with us.
14:45And I love reading your stuff at the Manhattan Institute.
14:47So thank you. It means the world.
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16:01Level up your brain. Mental mugging with Clay and Buck.
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16:34T's and C's apply. Welcome back in.
16:36Play Travis Buck Sexton's show.
16:39We are rolling through the program.
16:41President Trump has put out a statement, and I will read that for you right
16:48now, just in the last few minutes on Iran, and let me see here as
16:54I am scrolling through to get the absolute latest from President Trump.
16:58For those people, fewer in number now, I need to have you do the accent,
17:02fewer in number now than ever before reading the failing New York Times or watching
17:07fake news CNN that think I am, quote, anxious to end the war, if you
17:12would even call it that, with Iran.
17:15Please be advised that I am possibly the least pressured person ever to be in
17:20this position. I have all the time in the world, but Iran doesn't.
17:24The clock is ticking. Iran's Navy is the bottom of the sea.
17:28Air Force demolished. Anti -aircraft, raider, weaponry gone.
17:32Leaders no longer with us.
17:33Blockade is airtight and strong, and from there it only gets worse.
17:37Time is not on their side.
17:39A deal will only be made when it's appropriate and good for the United States
17:44of America, our allies, and in fact, the rest of the world.
17:47President Trump posting that just in the last couple of minutes, Buck.
17:53I thought it was interesting just because you and I were talking about the time
17:57implications of this, and I do think he's actually right about this, that the economic
18:03impact on Iran, given that we're at record high stock market prices and gas prices
18:08have already started to back back up a little bit.
18:09But Iran's in way more dangerous territory here economically than we are, and I think
18:16President Trump's just saying it.
18:17They don't have elections this fall, though, so the price of gas is not necessarily
18:23that much on their minds.
18:24I think it's going to be on our minds a lot here.
18:27Clay, I really do hope that we go back and look at this whole Iran
18:31confrontation as a stroke of strategic brilliance from Trump that made the region and therefore
18:39the world safer. I hope we do not look back at this by the end
18:43of this year and say, oh boy, we should have seen that the, like I
18:47said, even if this is going great, it's a focus thing, too.
18:51It's what is sucking up the oxygen in the room and what are people paying
18:57attention to here at home.
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19:57Rapidradios .com. Code radio. Welcome back in to Clay and Buck.
20:01We've got a lot of talkbacks, a lot of calls that we want to get
20:03to. Oh, boy. A lot of people wanting to speak about weed.
20:10What is with, you know?
20:13It's just amazing to me.
20:14Guys, it's not good for you, okay?
20:16You can keep doing this thing of, oh, I have a friend who's so successful.
20:20It's not a good thing.
20:22It's not the terror. It's not the worst thing.
20:24I know people who have smoked weed and led relatively, when I say, I'm sorry,
20:28not smoked, like everybody has, not everybody, but a large percentage of the population has
20:33at least tried marijuana. I've tried marijuana.
20:36Gosh, sounds so weird saying it out loud.
20:39But I've tried marijuana. We're talking about people who use marijuana daily.
20:44Yes, I'm talking about the people that I see in line at the cannabis shop
20:48on the corner here at Thursday morning, 9 .30 in the morning, going into the
20:53cannabis shop to get their weed.
20:54Like, this is not good.
20:56It's not good for them.
20:57It's not good for anybody else.
20:58But people get very prickly over the weed situation.
21:03And by the way, we would say the same thing.
21:04Look, I like alcohol more than you do.
21:08I think if you are drinking alcohol every day, it is not a good decision
21:13to make. Period. And I think the data is going to show that.
21:17And certainly if you're having three or four drinks a day, that is not a
21:22good choice to make, health -wise.
21:24Similarly, smoking marijuana every day is not a good thing to do.
21:28I'm a big moderation guy in general with life, right?
21:32It is good to, in my opinion, it's okay.
21:36You shouldn't eat birthday cake every day.
21:38Birthday cake when your kids have a birthday or you have a birthday, it's really
21:41good. But if you ate it every day, you'd probably be in a pretty rough
21:44health position. There are lots of things that are enjoyable.
21:47Enjoyable. Enjoyable. that if done every single day would not leave you in a very
21:51good position. I think people get offended when you tell them that, but that's certainly
21:55true about marijuana, alcohol, birthday cake, all sorts of things.
21:59Yeah, I would also say don't compare yourself to people who are ultra elite in
22:05one way and particularly in entertainment and say, well, they can do a lot of
22:11things and get away with it because they have a particularly market, whether you're talking
22:16about athletes now, or you're talking about people who are comedians who are very successful
22:22or whatever. A lot of people can get away with things.
22:24It still doesn't mean it's a good idea to do it.
22:27It still doesn't mean it's going to help you because most people don't have extreme
22:30talent in one area. We have an array of talents and we try to make
22:34the best of them and making better decisions day to day.
22:37We're all just a collection of our decisions ultimately.
22:40So making better decisions day to day for yourself is going to also have ramifications
22:44for your family and everything else.
22:45So just encouraging smart behavior.
22:47I like the cake point, by the way, the chocolate cake.
22:50I love a good piece of chocolate cake sometimes, but you shouldn't build your diet
22:55around chocolate cake and you shouldn't have chocolate cake twice a day and you definitely
23:00shouldn't think that the key to your happiness is eating as much chocolate cake as
23:04possible. It's about moderation. It's about understanding and all these things factor in.
23:10So that's something. All right, so I'm in New York.
23:12Tell me about this because you're up on this one.
23:15Yeah. Momdani the commie likes to do the class warfare thing.
23:20We've all seen that. But now it may be biting.
23:24Oh, here we go. Ken Griffin pushes back after Momdani features his $238 million penthouse
23:30in a Tax the Rich video.
23:32So now Ken Griffin. Let me read you some of these quotes.
23:35Go ahead. Yep. Because this is Ken Griffin.
23:37We didn't really talk about the video in specific, but just as we were talking
23:42about off air. Ken Griffin is like Mr.
23:44South Florida now, by the way.
23:45Yes. Doing a ton of investment in Miami.
23:47So we love bring all that Ken Griffin money down to South Florida.
23:52It's going great. And by the way, he's in South Florida because he was in
23:55Chicago, and so many people at his Chicago area business he felt were living unsafely
24:02that he redirected his location to South Florida, which is far safer.
24:08So Momdani, you and I were talking about this off air, is now talking about
24:11taxing people who have second homes in New York City, and he did a video
24:16taunting Ken Griffin outside of his New York City home, doxed him in many ways
24:24as to where he was living.
24:25This is an email that just came out today.
24:28The Wall Street Journal reporting, we're about to commence the redevelopment of 350 Park Avenue,
24:34creating 6 ,000 highly paid construction jobs, supporting the creation of more than 15 ,000
24:41permanent jobs in Midtown, New York.
24:43The project, if we move forward, will entail more than $6 billion of spending.
24:52It continues, Buck. It's shameful he used Ken's name, talking about Momdani, as an example
24:59of those who supposedly aren't carrying their fair share of burdens associated with New York
25:05City's often costly and wasteful spending.
25:08This is an email sent by Citadel.
25:10In doing so, the mayor has once again manifested the ignorance and disdain of the
25:16elite political class toward those who have been consistently committed to building one of the
25:22greatest cities in the world.
25:23He said over the past few years, Citadel principals and team members, including non -residents,
25:30have paid $2 .3 billion in city and state taxes, and he said Griffin himself,
25:39Buck, has personally donated $650 million in charitable gifts to support New York City.
25:48We have 2 ,500 colleagues who have chosen to build their careers here.
25:53We understand our hard work and success will on occasion make us targets, but it
25:59should not diminish what we are doing.
26:01We should be applauding Ken for spending millions in New York City, not attacking him,
26:07said Bill Ackman. This is a big deal, Buck, because when you are targeting people
26:12for what they're doing in the city, I'm going to be honest with you.
26:16If I was Ken Griffin, I'd be like, peace out.
26:18Bye, Momdani. You handled all this $5 billion shortfall that you have.
26:24You put my family in a more dangerous situation by taunting me outside of my
26:29building after a health care CEO was executed on the streets of New York City.
26:35I'm sorry. I would be like, I'm out.
26:37You were talking about this off air.
26:39If where I live, if a local politician showed up in front of my house
26:43and said, Clay Travis lives behind here.
26:46He's not paying his fair share.
26:48I would find a new place to live.
26:50I wouldn't want to own property there.
26:52We have that, we have the clip, actually, of Momdani's little class warfare video taking
26:56a swipe at Ken Griffin.
26:58Play it. When I ran for mayor, I said I was going to tax the
27:00rich. Well, today, we're taxing the rich.
27:03I'm thrilled to announce we've secured a pied -Ã -terre tax, the first in New
27:07York's history. This is an annual fee on luxury properties worth more than $5 million,
27:11whose owners do not live full -time in the city.
27:13Like for this penthouse. which hedge fund ceo ken griffin bought for 238 million dollars
27:18this peer -to -tear tax is specifically designed for the richest of the rich those
27:22who store their wealth in new york city real estate but who don't actually live
27:25here most of the time these units are sitting empty since again they don't actually
27:29live here this is a fundamentally unfair system that hurts working new yorkers now it's
27:35coming to an end i believe everyone has a role to play in contributing to
27:38and some a little bit more than others clay he's it's tough to know you
27:45know we just had rafael mingwell on who is a brilliant guy we really enjoy
27:48talking about crime i i wanted to keep going too this is when i wish
27:51we had like a three -hour podcast instead of having a break for uh for
27:54commercials just to be able to go through we'll have him back again because there's
27:57so much more to talk about um but the the mom donnie is he ignorant
28:03of economics or is he malignant and just lies or pretends not to know more
28:09ladder which is actually worse i i i agree with you because i don't think
28:13it's possible to be as dumb about these things as he is it's uh it's
28:18his preferred state he would rather just push through things that hurt everyone as long
28:25as they are rhetorically focused on his class warfare targets people like like ken griffin
28:31let me just say his whole premise here that storing money in new york city
28:36but not living there is bad that is that is exactly what you would want
28:41if you were trying to deal with a high city budget you want people that
28:45have a minimum of services and put a tremendous amount of money into the local
28:51economy they're not even there great because they're still having to pay taxes on the
28:57residents they're still putting that money into real estate here which has an effect on
29:02all the other real estate in that building in that neighborhood investment development growth these
29:09are good things this is why we are now a country of people who have
29:13so much entertainment that we don't even know what to do for entertainment who have
29:18so much food that our biggest problem is keeping our mouths closed and not shoveling
29:23in more delicious food that have so much clothing that fast fashion or casual fashion
29:28as in buy it wear it once is a huge multi -billion dollar industry unto
29:33itself that have so much money in the automotive industry that now we're getting to
29:37a place where we're going to be competing over whose car self -drives gives them
29:41a massage and reads them a bedtime story first we are so rich in this
29:46country actually on the whole and people like no i'm gas is expensive yeah i'm
29:51talking about compared to 50 years ago or a hundred years ago because of capitalism
29:56and because of mechanisms that allow people to put money into things get a return
30:03create growth and put capital to work in ways that are efficient effective and and
30:09grow things and mom donnie just sits there and he's just he just wants everyone
30:15to be a be an unhappy malcontent leech on the system that was incredibly well
30:22said let me also build on it a little bit ken griffin i think what
30:27is significant here is ken griffin there are tens of thousands of people both employed
30:34directly by citadel and that make money at citadel and therefore employ way more people
30:43if they just decide you know what we're out buck think about this and it
30:47doesn't get enough discussion every person who is worth let's say and a lot of
30:51these citadel guys and gals are let's say each of them is worth 10 million
30:55dollars on average right 10 million dollars in assets every 10 million dollar asset guy
31:01or gal who leaves the city probably takes 20 jobs with them i'm just saying
31:07when you think about what they're doing with their lawn services what they're doing with
31:12their health care what they're doing with their kids schooling what they're doing with uh
31:16restaurants and bars in the area in the penumbra the periphery of spending that is
31:23directly connected to these guys and gals of high income it is devastating to a
31:29city when they leave and if i were ken griffin i would just say i'm
31:32done with you guys all right i'm taking all my assets to a state and
31:37a city where i'm not going to have to worry about whether people come after
31:40me buck i was just telling you in real life this has consequences i would
31:44never base a company outside of my home state of tennessee now i wouldn't because
31:49i don't want to see happen to me what happened to trump where somebody decides
31:53they don't like my politics and they're going to try and bankrupt one of my
31:56companies because it happens to be located in a blue state or what happened to
32:01this guy in california who's a lawyer and they decided they didn't like the fact
32:05that he repped trump and so they're going to try to take his law degree
32:08i got a law degree here in tennessee i don't have to worry about it
32:11i'm in a red state i think you're going to see more and more people
32:14with resources say screw you guys in blue cities blue states i'm not risking my
32:19financial future with the leaders that you're picking and the culture that you're creating i'm
32:24out and the people who are going to lose out are the people that think
32:28that taxing the rich is going to save them there are there are secretaries i
32:32guess we call them executive assistants now there are secretaries at citadel who make 200
32:37grand a year clay oh yeah this is what people also don't think about in
32:40this stuff talk to some of the local group sure you people um you know
32:44even here in manhattan in midtown the the guys who operate the uh like the
32:49shwerma carts like the kind of halal meat carts these different things do they like
32:53the finance bros or not well yeah because they'll pay 15 or 20 bucks for
32:56some uh some some rice and some quickly uh you know seared chicken or beef
33:01or whatever there are so many things that are tied in to the elements of
33:06the economy that mom donnie is is and he's really stigmatizing it too and that's
33:12the that's the thing he's you're the bad guy you know yeah it's not that
33:15they can't take the financial hit on the streets where a ceo was murdered for
33:20being wealthy he's not saying yeah by the way like right right where we are
33:25here in midtown um the the attitude isn't hey ken griffin you're super successful we
33:32really appreciate this we really think we need to get you to pay a little
33:35more because you can afford it but we're thankful and we appreciate it it's you
33:40greedy fat cat with your pied a terre and your private jets and everything else
33:45we're taking more from you because you're the reason that we don't have better schools
33:50you're the reason that we don't and it's actually the opposite he's funding all of
33:56that he's funding the schools he's funding the police department without him without the top
34:01one percent of earners in new york city and really the top point one percent
34:05of earners clay this place collapses in a year and mom donnie's got problems with
34:10those people anyway it's it's it's madness uh right now there are so many voices
34:15in our culture that are loud and that are pushing women in one direction one
34:18they can never come back from and they're pushing them toward abortion and there's only
34:23so much that you can do wherever you are across the country right now yourself
34:26you can of course try to spread the gospel you can try to support life
34:29you can do what you can from those around you but i want to tell
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35:36-c -k sponsored by preborn miss the show while you're on the go wind down
35:41your day with the daily review podcast find it on the iheart radio app or
35:46wherever you get your podcasts welcome back in clay travis buck sexton show um grace
35:53in alabama is a spirit flight attendant grace thanks for calling in um we were
36:01talking about the supreme uh sorry the federal district court judge i believe it was
36:05who said hey you can't merge with jet blue bankruptcy one now potentially bankruptcy two
36:10what is the vibe inside of the airline um you know we thank you for
36:17taking my call clan buck there's been rumors throughout my career there you know we
36:23were looking forward to merging with jet blue we were going to become jet blue
36:26wear their uniforms and that didn't happen and the reason and i why i think
36:31we're also in the situation we're in now is we didn't the merge was you
36:37know not approved so we usually are kind of well aware that something's usually in
36:41the works but you know they um furloughed 1800 and i was one of the
36:45one flight attendant whether you're voluntary furloughed or um involuntary furloughed december 1st and a
36:53lot of us love spirit like i'm waiting for the phone call for them to
36:57you know call me back and a lot of us have worked for other airlines
37:01and i've even been in the corporate private side so spirit is a wonderful company
37:06and um you know the negative publicity any publicity club you know publicity thank you
37:12clay for your um constructive insightful commentary and bug for your favorable commentary but i
37:19really hope that spirit's able to be bailed out one way or the other we'll
37:23talk about this tomorrow a little bit buck you're going to be in new york
37:25running around with family we've got a couple people who are sophisticated on this story
37:30because there's a lot of interest in it uh but what are you going to
37:32do for the rest of the weekend you're going to watch the draft tonight uh
37:35i know i'm not i can't even pretend i don't even know what's happening until
37:40you just told me big nfl draft tens of millions of people watching tonight um
37:45i'm very happy for all these people that are going to get big checks i'm
37:48going to be hanging out with my family it will be nice