June 26, 2026

The Bill Martinez Show 06 26 26

The Bill Martinez Show 06 26 26

Transcript

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Are you ready?

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Yeah, Okay, let's do an Ill Martinez Live a program

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about current events, our culture, our values, our politics, and

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our future.

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And now Bill Martinez.

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Hey, good morning to you. Six minutes after the top,

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they are Bill Martinez here with the President of Americans

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for tax for former America's preeminent center right expert on taxes,

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the one and only Robert Norquis. Say, Robert, how you doing?

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They all doing very well?

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Well?

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Is your head still spinning after Tuesday's primaries? I mean

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the socialists they've been saying they're coming. Well, guess what.

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They're here now, alive and well and out of the closet. Huh.

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Well, they're good. And the bad news, the bad news

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is for New York. This is not going to be pleasant.

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The good news is because we have a federalist system,

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because the people in New York can only really mess

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up New York City and New York State short term.

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We can watch what happens in New York when they

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put limits on how much you can charge you evil

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person who rents out one of your rooms in your apartment,

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and they say we have to put limits on it,

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and then you go, well, I guess then it's not

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worth my while. So now you have more homelessness as

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they learn again a three thousand year old history about

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how price controls don't work and wage controls don't work,

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and all of the things that they think are really

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new in interesting because they read them in high school

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or college. They're going to painfully after it. But here's

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the good news. Right next door, there are the other

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states going, we're not crazy, and people can move. There's

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not a Berlin Wall around New York. They can't keep

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you there, so they have to limit the damage.

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Well, people are already moving out, as you know, and

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because they saw it coming and with mom Donnie taking

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over and now seemingly having a tighter gripp holed. But

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you know, you talk about rent control. I mean, this

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is a slum lord in the making. But the slum lord,

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the lord himself, is going to be the city, right

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because there's no way they're going to be able to

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keep it up.

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No, And and where we really got slums created was

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when the government came in and created low cost housing,

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meaning very expensive housing that they don't charge much for Jerry,

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high cost to taxpayers. And one of the great things

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is when Malay the new president in Argentina came in

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to reject all those years of Juan Peronism, and which

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is really what socialism in New York is. It's wand

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Paronisms give money of the labor unions to control workers

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and give money to your friends. And as things collapse

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around because people leaver stop working, you blame somebody else

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and call the army out. But they have a new

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government there. Malay is the libertarian, free market conservative guy.

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And one of his rules was he said, those of

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you in charge of like low cost housing, are not

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allowed to call it low cost because it's very expensive.

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You can call it subsidized housing, but you may not

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in any official document refer to something in the cost

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twice as much as the private sector low cost. I

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love that idea.

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I wish we'd do that here, well exactly and then here.

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I mean it's all a ruse. I mean, it's sleight

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of hand. That's what goes on. It's the way politicians work, sadly,

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and it's really duped the people. But you know, as

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they said, they're out of the closet now and you

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see what's happening. I mean, you've got people from other

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countries now because the World Cup, we can be thankful

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for it. They're excited. I mean, whether it's BUCkies or

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in and Out or other things Walmart. You know, the

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amount of products that are available, it's beyond them. And

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of course you know they're loving some of them, our

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condiments on top of it, but overall they're almost reminding

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the rest of America why we love America.

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To have the Europeans come over to soccer their sport,

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and to discover America and put it online. I don't

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know what happened before now, whether they there's that many here,

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whether they're going to places outside of the you know,

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just going to national parks which introduce you to Bears,

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but not America, you know, but you go to small

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towns or medium sized towns and they're having these games

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all over the place. You really see the country and

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they realize the size of the houses, the low cost

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of you get second and third cups of coffee or

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a diet coke and a restaurant you go. Really they know,

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ice cubes, things they don't have over there. Air conditioning,

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I mean, the number of there's a sad part the

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number of Europeans who die from heat too much heat

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is very high, very low in the United States, very

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high over there. They don't have air conditioning to speak of.

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And it's maybe it's part of their effort not to

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use energy or something, but or they just can't afford it.

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But Europe is a poor continent compared to the United States.

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We forget that because we go visit and we go

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to Paris, the downtown area, like a couple of square miles,

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and oh, there's lots pretty fancy, pretty new, and we

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go visit cathedrals that nobody actually goes to, but they're pretty,

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and we come back and go, that's pretty impressive. If

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we'd gone half a mile out, you'd have seen depressing

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what we would consider depressing housing situations and not very

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fun places to live. Europe is in decline because of

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socialism or whatever they want to call it, welfare state.

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For so many to see that and then share it

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maybe a wake up moment for some Americans who go,

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why are you surprised? You and I have talked about

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that study that was done that if Britain became a state,

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it'd be the fifty first forest Britain, not not Italy,

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not don't know the Balkans or something Britain used to

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run the world would be the fifty first poor US

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state after Mississippi, and Mississippi's getting better and better every year.

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This is not sustainable for them, and but we ought

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to at least acknowledge we don't have to lord it

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out over them all the time. But they're not watching

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the show, right that the guy's over in Paris, I hope.

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But but Americans do need to realize how good they happen.

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Yeah. Well, and the thing is is, with these people

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coming here, I love, you know, I love their fun

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and their attitude. And you know, some of the guys

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are getting carried away and putting parking cones on top of,

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you know, some of the monuments, and unlike Americans, I

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mean they actually heard the police. The police said, hey,

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take it off, and they took it off. You know,

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the crazy people we have here in this country would

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tear down the you know, tear down the monument. But

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you know, it's just it's just fun. It's fun to

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see them having fun, enjoying themselves in our country and

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reminding us again of you know, how blessed we are.

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Grover to your point.

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Yeah, it's and now the key thing is it, Benjamin Franklin,

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Mister Franklin, what kind of government do we have? The

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lady says, they come out of the constitution, constitutional convention.

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He says, the republic, ma'am, if you can keep it.

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We have a very prosperous republic if we can keep it.

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And look, that's on every generation. We think of the

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heroism of the guys who found it and everything. But

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it's our job not to blow us that's right, and

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to keep it safe, which is not effortless. It takes

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a lot of work.

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Well, because you know, I tell my kids all time,

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there's this story I know if I share this with you.

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It's a crab in the box. This guy in you

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was in San Francisco at Alioto's, the restaurant there on

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the wharf, and he's watching this guy selling and he

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notices he doesn't put the lid back on the box.

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You know, they're live crabs. And every once a while

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he's seeing a pincher sticking out over the edge. He's looking.

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He goes, there's the water. He goes, what's this guy crazy?

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What kind of entrepreneur is he? He's going to lose

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his inventory Finally his curiosity got to him and he

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goes to the guy and goes, hey, look at I've

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been watching you sell these crabs. Aren't you afraid they're

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going to get out? I mean, every once in a

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while I see a pincher getting out, and you know,

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and there's the water. They could escape pretty quickly. And

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the guy says, oh, you don't understand it. He says, crabs

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are like people. As soon as one tries to get

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out of the box, the other people, the other crabs

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pull them back down into the box. And I say,

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you know, that's an interesting dynamic because in our country here,

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it is we came up with this great American idea

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and there were crabs in the box that wanted to

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pull these revolutionaries back into the box to be, you know,

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to forego their freedom grower.

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Yeah, it Envy is a deadly sin some people. And

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Domini thinks it's a political program and you can tap

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into it for a while, but it really is a

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disgusting approach to it's life. And when you can kind

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of expose that that's what they're doing. They try and

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demonize a group or an industry or something. And then

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and then we'll tax it and steal their money, and

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you're not supposed to care because we've already told you

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they're bad people. It's okay to steal their money. Throughout history,

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minority groups you know, Armenians and Lebanese in Africa, and

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Chinese Guys in Asia and Jews other places. You know,

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a very entrepreneurial people hate them because they're so successful

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and they're like, oh, come on, that's not the way

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We're talking with Robert Harquest. He is the president of

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Americans for Tax for former America's preeminent center right expert

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on Texas. You know, it's just reading this story and

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anytime I hear anything associated with Elizabeth Warren, the flags

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go up. And now you've got you know, Bernie Marino

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teaming up with her. Break that down for our audience.

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What's going on here?

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This is very very sad and very very dangerous. Ms. Warren.

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Elizabeth Warren is a left wing socialist who really wants

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the government to run everything okay out of Massachusetts. Uh,

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it's all a political act for her. She used to

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be a Republican economist and she decided in Massachusetts if

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you're want to that have power and that's where you go.

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So she did. So she actually knows better. She knows

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this stuff won't work. But I think she's playing to

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the envy and the hate and that sort of feeling

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that people have successfully in Massachusetts. Bernie Marino is nominally

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a Republican from Ohio, which is a ruby red state.

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He was a business guy who sold cars, and he

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got elected taking the pledge and never to raise taxes.

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He got elected running as a Reagan Republican. He got

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elected wanting to be for limited government. He said he

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was never going to get into the and when there

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was a movement by some in the White House, some

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people were trying to betray the president and get him

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to take the top rate and raise it like Biden

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and Obama and all these other left wing Democrats want

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to do, because that playing to envy. You know, we'd

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have pro growth stuff over here, but then we'd have

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this envy thing going for us, like that was a

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virtue instead of a sin. And this was very sad.

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I mean, the President called me the day before he

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made the night he made his final decision, and there

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was a lot of pressure from that pressure. But people

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yammering at him in his staff, okay, in the White House,

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and the president vice president was a cheerleader for this

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process was written up in the Wall Street Journal at

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the time, and his people were all pushing for this.

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It wasn't It was a close run thing, except Trump

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said no, no, no, So it happened. Ernie Marino at

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the time was a hero and denouncing this idea. This

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can never happen. We should not be playing envy and

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so on. And he just not only co sponsored with

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Elizabeth Warren Bernie Marino Republican nominally now I guess, and

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the lady Democrat in Massachusetts. They wrote a piece in

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the New York Times. Right, it's not like he thought

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this was some conservative thing. He was tricking her into.

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You know what it is. It's a three trillion dollar

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tax increase over ten years, a three trillion dollar tax

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increase which would eat up almost all of the Trump

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tax cut.

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Yeah, the big beautiful bill which is vapor. Yeah, exactly.

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Why in the world. And you know, he goes, oh,

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we're gonna save SoC security. Oh really, You're going to

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give the Democrats three trillion dollars and they gonna do

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what with it. Let's see, when Clinton got elected, SO

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Security was going bankrupt, he raised taxes and he spent

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none of it on SO Security. Then when Obama got

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elected and Sostcurity was also going bankrupt, they raised a

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bunch of taxes and none of what's so security. And

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they set up a new spending program which is going

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to go bankrupt even more than sold security. And then

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Biden comes in and he's got the ninety trillion dollars

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that he wanted to spend on the Great New Deal,

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the trillions of dollars spent, Oh, I'm sorry, and taxes

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nothing for SOCI Security. This is just the last trick

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that they go to the new kid on the black

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I'm sorry, but Bernie's the new kid in Washington evidently

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doesn't understand when somebody who hates you and wants to

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see you die and the dirt offers you, you know,

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a good idea, you might double check it with your friend,

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see if it's a good idea.

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Quote quote good good idea right.

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Every center right now, analyst in town and around the

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country has just hammered Bernie Marino led his way into office,

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said he would oppose all tax increases. Now he's cheerleading

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for a three trillion dollar tax increase, fibbing, and maybe

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he's not lying, but he thinks that this would go

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somehow to social Security. Really, really, you put three trillion

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dollars in the hands of the Democrats, and every once

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in a while they were in the House of the Senate,

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boom boom, it's gone in a ear, it's gone.

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Right. Yeah. The thing is, it's consistent. If you want

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to know what somebody is going to do, look what

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they've done. And the Democrats have always done that, So

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why would we think different now. So this proposal that

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eliminates Social Security payroll tax cap, how does this work

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or does it work?

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Well, what this really hits is small and medium sized businesses.

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That's who it's going to smash. A lot of independent contractors,

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independent workers. If you're an independent contractor or, you run

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a small business as a sub chapter as corporation. Basically

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you run the company as if inside your income tax

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so you pay personal income taxes on everything that's earned

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by the company. So the companies, you know, everything you

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put into making the things get better and better in

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the future, and like investments and so on, that all

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goes in and it's treated as if it was your

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money and you look like a rich person when you're

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really a business with money and assets to get stuff done.

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They want to have twelve plus percent on both sides

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of Social Security. Technically, you pay six percent and your

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employer pays six percent if you have a job with

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a company. Okay, of course, the company doesn't see that

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money as far as they're concerned. It's yours. They're just

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sending it to the government for you. So you really

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have your paid six percent more than you think you are.

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It just gets taken away, gets sent to the government

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for soci Security, and then there's the six percent things.

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So it's about twelve to half percent of your salary

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goes to the federal government for Social Security. There's no

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lock box, as al Gore wanted to create. No lock box.

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There's no money in a box. There's no investment in

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a box in a cave or anywhere in Washington, d c.

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The checks come in from you and they go out

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for your mom or your grandma. Okay, out the door

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the next day. There's no savings. The challenge is unlike

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a real pension, like most Americans have sixty five percent

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of Americans are in the stock market. Mostly that's people

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who have a job, and it's called a pension, but

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what it really is is your savings. It's your life savings,

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and then it builds up and then when you retire

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you can live off the savings. You can sell the

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money that's accumulated. If your social security was done the

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same way as they do in Chile in some other countries,

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and instead of taking twelve percent of your salary every year,

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every year, at every paycheck really and spending it and

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sending it to the government, it went into your savings,

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then what would happen is you could save that during

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your lifetime and you'd be much better off. You'd actually

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get more money than social security. I'm sorry, I'm trying

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00:21:21.279 --> 00:21:24.319
to kill my phone and then I held it down

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on the wrong thing. It started to make a noise

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00:21:25.920 --> 00:21:28.200
like an emergency. I'm afraid the cops are going to

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show up and see what the problems that turned it off.

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00:21:31.279 --> 00:21:35.640

The Bill Martinez Show 06 26 26

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