Dec. 24, 2025
The Bill Martinez Show 12 24 25

The Bill Martinez Show 12 24 25
Transcript
WEBVTT
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Are you ready?
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Yeah, Okay, let's do it.
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Ill Martinas Live a program about current events, our culture,
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our values, our politics, and our future.
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And now Bill Martinez.
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Hey, good morning America. Six minutes after you talk the R.
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Right now, doctor Michael Butler is with us. Hey Michael,
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Merry Christmas, Happy New Year to you.
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And the same to you, bro. Thanks for having me.
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Hey, lots to catch up on. Donald Trump is doing
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something that I got to tell you. For many years
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when I was a consultant, I had worked with almost
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exclusively CEOs of companies, and one of the things that
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I reminded them of is that they always have to
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consistently pound the drum of the mission of the organization.
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And you know, and someone would say, why do I
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have to do that? Because I get kind of bored.
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I go, you may get bored, but your employees don't.
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And in Donald Trump's case, you're talking three hundred and
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thirty million, three hundred and forty million people. They need
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to instantly hear the refrain of his agenda, what he
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has accomplished, what is yet to be accomplished. So he's
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got to constantly be casting that vision, not only because
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people have a tendency to forget number one. But on
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the other hand, you've got the mainstream media that still
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has control of about forty percent of the ears and
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eyes of America, you know, with their bias perspective, really
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deceiving and misleading the American people on the economy. Is
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that fair to assess?
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Yes, it is, And it's especially difficult now because the
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government was shut down for those six weeks and there
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was no data that came out about economic growth and
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what's happening to inflation and even the jobs market. See
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economic growth numbers are the ones that are most interesting.
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In the third quarter, we should have had that number
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out finished in September. We should have had the number
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out knocked, but the government was shut down. We still
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don't have the number yet, but it looks like the
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third quarter had about three and a half percent annual
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growth rate, up from the three percent in the first quarter,
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which is good in the second.
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Quarter, rather which is good the fourth quarter.
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We won't get that data at the earliest till the
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end of January, but the fourth quarter would have shown
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about a four percent annual growth rate.
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Now the government's shut down, I'm not sure what the
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impact that that's going to be.
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It will be negative on the growth rate, but the
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economy is growing. Although the inflation rate we don't have
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all the numbers for the consumer price index. Some of
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the numbers that we do have show that inflation stays
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under three percent, may have benged up slightly in the
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last couple of months. So wage increases are greater than
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the rate of inflation, which means really people are earning
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more money and more money to spend, and that will
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i prove the standard of living.
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So Trump's right.
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I think he's gone around the country this week to
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kind of teut how his economic programs have worked so far,
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and to remind people that the builder was passed in July.
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The tax cuts on pips working overtime, sold security, et cetera.
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They don't go into effect till January. First, they were
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exactly twenty twenty six, so we'll see a benefit there.
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And then from all of this money, Trump has been
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able to get foreign companies to invest in the US.
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And it's some number well into the trillions.
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Well, it's like, what seventeen nineteen trillion I've heard as much.
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As that's it's some of the numbers I've heard once.
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That happened, I mean that that's unprecedented. Michael, right.
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Yeah, that's a huge amount of money. And once it happens.
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Now it's going to take a year or so for
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all of that to be fully invested, but that'll create
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more jobs, will create more growth for the economy, and
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again should help to improve the standard of living. I
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also believe that the inflation rate will be down to
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the two percent range by the end of next year.
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Now, most people.
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Don't agree with me, understand that the reason I'm saying
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it is energy prices have fallen. Oil is under sixty
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dollars a barrel fluction.
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I paid two point fifty nine in Florida two days ago. Michael, Yeah, I.
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Paid two eighty six the other day, and I was
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very happy. The national average is now under three dollars.
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Once energy prices come down, that has a large impact
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on the consumer price index. Energy prices directly effect about
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seven percent of the consumer price index, but indirectly it
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affects over another twenty percent because it affects the cost
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of energy to produce goods and services. So Trump is correct.
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He says, if you can get energy prices down, inflation
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will come down. And that's true, and I believe that
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will happen next year. I think oil will be down
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under fifty five dollars of barrow, perhaps as low as
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fifty dollars. That'll take the national average for gasoline down
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under two dollars and fifty cents a gallon. And once
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that starts to happen and people say that they're not
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spending so much on a lot of products, energy included,
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they're going to start to feel better about the come Exactly.
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The problem now is people just don't feel good about
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it because.
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We got we had to get through this stuff. You
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and I talked about it before, Michael, the last time
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we were on, and that is that the economy has been
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stifled because we're trying to get all this sludge and
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drudge out of the pipeline that was all put there
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with Democratic policies and Joe Biden. The thing is, I
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think it's interesting to hear you lay this out. What
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is somebody like Gavin Newsom to do when everybody else
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is you know, they hear figures of under three dollars
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and in California they're paying five dollars for a gallon
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of gas. I mean, you gotta think California is going
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to start revolting there.
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You would certainly think so.
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Remember when Newsom entered office, there was a large surplus
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and the government budget and a surplus fund.
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It's now a.
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Deficit in the budget and they've spent all of that surplus.
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So the policies that he puts into effect didn't work
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in California.
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And I hope he doesn't get a life in the US.
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Because the policy certainly won't work well in.
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The How could he really seriously be considered. I mean,
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like you said, I think he's over sixty billion upside
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down right now in the state. You got the LA fire.
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Still that's still a mess. I mean, even when Donald
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Trump went down there Karen Bass, everybody's, oh, yeah, we're gonna,
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you know, get the regulation out of the way, We're
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going to allow people to build their homes. It is
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a hot mess. And it's so unfortunate that that state,
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and then that's not even talking about the homelessness issue,
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the drug addiction issue, all these things, immigration that the
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state really is a failed state.
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Michael, Yeah, it certainly is.
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You know, when Trump went down and talked to Mayor Bass,
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he said, I want these permits issued as soon as possible,
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and she made a comment, well, we should be able
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to get them within a year, and Trump said, no,
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I want them issued as soon as possible.
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Like next week. Yeah.
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So here it is nearly a year later after the fire.
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There's a total of one house that has been built
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so far. It's actually a sample for a developer wanting
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to build more houses. But that's the only house that's
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been built. And it's almost a year now, and these
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people can't get their homes rebuilt. The permitting process anywhere
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is difficult. In California, it's next to impossible. They have
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all these environmental right relations, certain materials you can and
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can't use. You have to have solar panels, even if
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you don't want them.
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So all of these.
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Regulations slow down the building of these new homes and
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significantly adds to the cost. And we have not just
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in California, all over the country. We have an affordability
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crisis with.
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Housing.
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Young people can't afford their first house and that's not
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a good thing.
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Well, look at all the tax base that is eroded
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as a result because they don't have homes on that property,
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right exactly. I mean, you got that the impact that
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has all the way down the supply chain, you know,
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retail operations, everything in that area economically. I mean, Michael,
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they're not even embarrassed by this. This is what blows
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me away.
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Now, this whole thing could have been avoided.
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You know that some of the water was diverted when
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for environmental reasons it shouldn't have been diverted. To have
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fire hydrants not half water is inexcusable.
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Well that's that's like Hawaii all over again. Anyway, we
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got to go to quick break. We've got more from
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doctor Michael Butler. After this stay with.
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