The improving economy (11-25-2025--Hour3)

What's going on? Thank you so much for listening to this podcast. It is heard live every day from noon to three on WBT Radio in Charlotte. And if you want exclusive content like invitations to events, the weekly live stream, I Daily show prep with all of the links, become a patron, go to dpetecleanershow dot com. Make sure you hit the subscribe button. Get every episode for free right to your smartphone or tablet. And again, thank you so much for your support. This is not what I'm gonna belabor, but it's just proof of the wackado nature of our world right now. The World's Strongest Woman winner was stripped of her tut his title after organizers found that she was actually he. The Official strong Man Games who released a statement after suspected trans competitor Jamie Booker won the games Official Official strong Man officials, we're unaware of this fact ahead of the competition, and we have been urgently investigating since being informed. An attempt has been made to contact the competitor involved, but a response has not been received. They announced on Instagram. Had we been aware or had this been declared at any point? In other words, had someone been honest point or during the competition. This athlete would not have been permitted to compete in the woman's open category. Given this, we have disqualified the athlete in question from the Official Strongman World Championships. All athletes points and places will be altered accordingly. In other words, a woman is going to be awarded the title. But think about this, you didn't get the glory if you're a woman and you trained, and you worked and tirelessly and you put time, effort, energy for years, weeks, months, whatever, and you actually won. You didn't get to. You didn't get to walk up on stage. You didn't get to You had to sit in a second place. And then after the fact, you get awarded the title when nobody's looking and when no one knows who you are. And that's the kind of just misguided crazy through the looking glass that I'm sorry you're born the way you're born. And it's just said to me that we've reached a point in society where this is, uh, this is a thing. Now another one in the Oh my god, I can't believe I stepped in it files. So Campbell soup, Campbell soup, Yes, that Campbell soup is in a bit of a kerfluffle. Florida Attorney general said he will shut down violators of the state's law on lab grown meat after launching an investigation into campbell Soup over a secret recording of an executive at the company. What wait, Campbell's soup soup is good food. You know everybody knows the jingle, right. We don't do fake lab grown meat here in Florida. We'll enforce the laws and shut down, Florida Attorney General James Uthmeier said on x Olthemeyer said the state's Consumer Protection Division is launching an investigation into the company. Now you're gonna say, what is chat talking about? Why? Why is the state's attorney general in Florida concern about this? WDIV broadcast portions of the recording. In the recording, WDIV beting a station. In the recording, a speaker identified as Campbell's vice president and chief information security officer Martin Bally is heard saying, we have blank for blanking poor people who buys our blank. I don't buy Campbell's products barely anymore. It's not healthy. Now that I know what the blank is in it, the speaker said again, I can't repeat what he said. The speaker also referenced bio engineered meat, saying, I don't want to eat a blanking piece of chicken that came from a three D printer. We use one hundred percent. So that's on the recording, and so Campbell's soup is doing absolutely all the damage control they can right now. Soup is good food. Well, I don't know if it's good food. It's I'm not the one who said it. Here's a James Reagan, director of External Communication, that Campbell told Newsweek. We use one hundred percent real chicken in our soups. The chicken meat comes from long trusted USDA approved us suppliers and meats our high quality standards. All of our soups are made with no antibiotics ever chicken meat. Any claims to the contrary are completely false. What about the beef or the y I'm just kidding. I don't know. The development and sale of lab grown meat is banned in seven states. According to the South Carolina Daily Gazette. Florida's band was signed into law last year. Today, Florida is fighting back against the global elites plan to force the world to eat meat grown in a peatriot dish or bugs to achieve their authoritarian goals. Florida Governor Ron DeSantis said, our administration will continue to focus on investing in local farms and ranchers, and we will save our beef. What to Know. Robert Garza, former employee the company, told wd IV that he recorded the hour long comments from Bali, where he discussed bioengineered meat and other topics. Garza is suing Campbell's Soup and supervisor JD Apparel Aparel Apparel say That Right for employment discrimination retaliation. The lawsuit claims he was fired Gaza in retaliation for raising concerns about a hostile work environment. So interesting. So Campbell's Soup not having a great day, obviously, and I don't know where this always going to go. But it's sad when a guy inside the company at the upper echelons is saying I ain't gonna eat it, but he did say I barely eat it. So I don't know if he still eats the vegetarian parts, but he says I barely eat it. You know that's uh. Hey, I grew up in a Wrangler jeans home. I edward for Bluebell headquartered out of Greensboro. I wasn't aware of a low to wear Levi's, but he never would have come on and said our jeans sucked, don't They're terrible? You know, we you know. And he's very brand loyal for the company he worked for until they weren't what they were. So I don't know where the Campbell's suit story is going to go. I find it fascinating that this guy said I don't buy Campbell's products barely anymore than so, which means he still buys them. And if it's as bad as he says you have to, why are you barely buying it at all? It's not healthy now that I know what the blank is in it, I don't want to eat a blanking piece of chicken that came from a three D printer. And then he tried. Then he threw the poor out of the bus and said, hey, we have blank for blanking poor people who buys us. So he's classed delinear the entire company, every Campbell brand. Campbell's a big company, been around forever, but this is not going well at all. So I don't know where the story ends up. But luckily, soup is not a staple for Thanksgiving, so maybe we'll get to the bottom of the story. But when I saw it come across the wire, I was just like, what a weird story that they're self imploding from the inside and trying to say But he didn't address the beef part. He said, yeah, our chicken is real. He didn't say anything about the beef. So it makes you wonder. I hate but he went out of his way to say the chicken is real. And so that's what made me question it because I said, wait a minute, there's more than chicken in Campbell's soups. Your chicken's real, but what about your beef? I just don't know. Now, do you want to give you a little update? And we'll probably talk about it a little bit on the other side of the break, but I wanted to give you kind of an update to where's where we are. So the dal Jones Industrialized up five seventy today, and if you look at year to date, the Dow is up almost eleven percent. Now I'll go into this a little more, and again I don't want to base it on just one day. That's why I'm giving you the year to date. Today the S and P is up and if you look at it year to date, it's up about fifteen percent. And if you look at Nasdaq, the tech heavy side of things, it's up today about one fourteen as of you know, this moment. Year to date, it's up almost twenty percent, nineteen point two two percent. And I bring all that on the other side of the RK. We'll talk a little bit about that. I'm not going to belabor it and get into, you know, all sorts of profit margins and stuff like that. What I do want to say is what people were saying. All right, if you're listening to this show, you know I try to keep up with all sorts of current events, and I know you do too, And you've probably heard me say get your news from multiple sources. Why well, because it's how you detect media bias, which is why I've been so impressed with ground News. It's an app and it's a website and it combines news from around the world in one place. You can compare coverage and verify information. You can check it out at check dot ground, dot news slash pete. I put the link in the podcast description too. I started using ground News a few months ago and more recently chose to work with them as an affiliate because it lets me see clearly how stories get covered and by whom. The blind spot feature shows you which stories get ignored by the left and the right. See for yourself. Check dot Ground, dot news slash Pete. Subscribe through that link and you'll get fifteen percent off any subscription. I use the Vantage plan to get unlimited access to every feature. Your subscription then not only helps my podcast, but it also supports Ground News as they make the media landscape more transparent. One of the issues I'm not going to belabor this one, but I want to mention it is minimum wage. We probably will talk about later, But I do want to get to the markets a little bit. And I'm doing this only not because I look. I'm a long term investor, so markets EBB and flow, and if it's are tanking and you're buying when it's down and it goes back up, your benefit from that as long as you're looking at you know, five ten year horizons and you've been doing it since you're eighteen rights and you're gonna you're gonna just you're just gonna kill it. It's just an amazing thing to see if you're if you're not looking at it every day and getting anxiety and taking xanax every time there's a market shift. The reason I say this is in broad, broad, huge, huge terms. I can well remember when when Trump took office in January this year and the markets were you know, shaky at best, and and everyone I can remember all of my leftist friends saying, oh, yeah, I didn't think it was going to destroy My four were one, kay, look at this the market. Look it's gone down. It was hovering that they were turning to the Dow Jones. They all were a Nasdak called them long April about the April of this year, earlier this year, and and then they got oddly silent. As it is, it broke through at least the Dow Jones forty five and started going and zoomed up to forty eight. Now since it's come back off those highs. But the markets are that there's a a lot of science and a lot of psychology behind the way markets work. And I'm saying, if you were to have had, let's just say at the beginning of the year, that you invested money in an index fund for the dal Jones, the Nasdaq, or the SMP kind of the three broad endices that people look at and I don't want to get in the weeds with this, is that if you had done that, so right now it's up. It's up about five seventy today, which is just breaking over forty seven thousand. It's been to forty eight, so it's off. It's high. But let's just say that you did that. You know, January first, you're up eleven percent, meaning that if you put money in it, you're up eleven percent. That's a good return. That's a good year. Is if you were retired and you had that index, that's a good year for you. If you were in the S and P and you put whatever amount of money in. Now the S and P is up about fifty two points, less than a percent, but year to date it's up fifteen percentage points, so over fifteen percent return over the course of your year, just in an index fund, not even picking and choosing stocks, you know, and there's a lot. Look, I'm not giving you stock and I'm not giving you advice here, it's not my job. A long time ago it would have been, but not in this current waymbley. And then if you look at the now Nasdaq is where it's heavily tech and we now in America have four companies that are worth over a trillion dollars. That's an astounding accomplishment that you have four companies that are worth over a trillion dollars. But had you invested in NASDK at the beginning of the year, you'd be around nineteen percent return on your investment. Now, remember the political left was losing its mind. Tariffs were going to destroy the economy. It was going to be terrible, we were going to have it was just it was going to create massive unemployment. None of their and again none of their predictions came true. But have they have they backed up and said, you know what, we just missed it. Again, an honest politician would just say, you know what, we were wrong about the tariffs. Look, I wanted to be I wasn't a real big fan of the tariffs, I'm gonna tell you right now. But as a tool for foreign policy they've been absolutely phenomenal. They've been a rather fascinating way because again, the difference between taxes and tariffs is tariffs aren't permanent, and that's a huge distinction with the difference. Again, context is everything. When Democrats pass some kind of increase in taxes. It's it's it's almost Moses parting the Red Sea or God partying on Moses' behalf of getting those taxes removed gotten. There's nothing more permanent than a government than a temporary government program. Right, And again I didn't say that someone much bars. I don't know if that was a Milton Friedman or something. But again, it is literally an Act of Congress that they could change it. But but tariffs are a means to an end a tariffs are a way to equaliz I you know, never seen them use that way. Usually a lot of people would put tariffs in like they wood taxes. This administration is using them as a tool to accomplish and and create a better trade situation for the country. And in that respect it has worked very well. I don't know where it's going to end up, but at least at this point, it has been very effective. And inflation hasn't been the problem that people predicted it would, even Stephen Moore, it's a very art laugher in these guys out there. It hasn't been an overly horrific situation. So in many respects, this has been a very strong and robust economy. It has been pretty good. It is, and that doesn't and it is. You can kind of tell because you don't have democrats screaming. You do in England right now, because England's a bit of a different mess for a different reason. But you don't have If it were, democrats would be screaming about minimum wage. It's funny they're talking about affordability but not about minimum wage. And minimum wage is one of the biggest false arguments you could ever have, because a wage is a reflection of a service or a product you know, that you produce and you're providing to society. You you know, otherwise a Lamborghini and a Hugo would a Pugio, I don't know, a Hundai or something would cost the same. They don't. It costs more to build and produce, an engineer and all that stuff. You don't pay people that are building Hyundai is the same as you would pay for Ferrari's production. It's different, and that's okay. That's the free market at work. You want to be able to produce goods and services. You want to do it at an affordable price. You want to be able to do these phenomenal things. The point being minimum wage. You can tell that Democrats are kind of backing off that what Trump did was kind of interesting. On the minimum wage side of things. Instead of saying, hey, let's increase your minimum wage, what he said is let you keep more of what you make, which is a better argument than saying tax cut, because every time a Republican says tax cut, Democrats scream, you want to help the rich. But when Trump said no taxes on tips, the Democrats were left to say, well, we kind of like that, but we don't like him, so what can we do? And that's different when you get to keep more of what you make, rather than giving you more or alleging that you're going to get more money. The problem when you create when you increase minimal wages is you decrease the company's ability to hire more workers because you get what's called way compression. You're pushing the bottom up, and then every wage above that has to go up commensurate to that, and then you've created an inflation area. You've just created a really bad thing that doesn't make the goods and services cost less. In fact, it's pushing the prices up artificially to make whatever. When you do that, it's why we're less competitive on the global stage. So that being said, just worth noting. Democrats aren't scream about affordability right now, but they're not screaming about minimum wage that is soon to come off. Sure it's another one, but their class warfare, due to the way in which Trump operates, is not working like it used to. The class warfare argument is not working like it used to, and that's why Democrats are kind of wandering around heading more to the left. They're going more left rather than learning to be more moderate. Here's a great idea. How about making an escape to a really special and secluded getaway in western North Carolina. 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Cabins of Ashville has the ideal spot for you for any occasion, and they have pet friendly accommodations. Call or text eight two eight three six seven seventy sixty eight or check out all there is to offer at Cabins Offashville dot com and make memories that'll last a lifetime. I want to touch on. I don't want to do it. Let's see this. I don't want to do it too much, but I do want to touch on. It is the situation in Venezuela. It would say, Borque, why do you want to talk about Venezuela? Why do you want to do that? So, because there are a lot of implications here now, I'm not going to get into all of the details about the taking out of drug boats. I think that's a great debate to be had. I mean, I can absolutely, from a straight up perspective say, I see both sides of the argument about taking out drug boats. On the one side, these people are importing absolute poison that it's killing US citizens. They are doing it with the permission of a government that is x enough. Those boats were full of sidewinder missiles being taken up to New York City and you let them come into the city. You just wouldn't do that. You know, you could say, we'll just follow the drug boat until they get to a certain point and have whatever. But that's this doesn't work that way. And so on the one hand, these people are exporting poison. It is intentional. It is meant to hurt our country and profit off of us, off of our appetite for drugs, and on the so that absolutely bad guys. On the other is, you know, without a declared war and without a declared military action, without Congress's oversight, do I have questions about them taking out these struggles And just you're on a drug boat, you're screaming across the Caribbean coming to the US or coming up the Pacific coasts and they're going to take you out. Now, good news, bad news there. The word has definitely spread to these guys. Hey, you know you can you see you know, hey, Hector, do you want to take the boat out? N I got to go see my sister. No, you can tell you can take you can take the boat. And I'm sure the word's gotten out that the past ten boats that have gone haven't come back. Those guys are gone. So it does create a deterrence. But you are taking human lives. Now, you're taking out bad guys, but you're you're killing folks. So you know it's US military car people break things. Are those the enemies of the United States. It's a little bit of a gray area to me. So I see both sides of that issue. Now, having declared that gang a menace to society as a terrorist organization on Maduro, that is, that is going to create a problem for him. So he's the head of this terror organization. In many ways that Maduro is the head of the terror organization, and the US government has declared that a terrorist organization. Now he can be taken he can be taken out, he can be picked up, he can be prosecuted in a US court. He is. It's a serious, serious problem for them. Now add to this, and this is part that you probably didn't already know, is that there's a fifty or there was a fifty million dollar reward put on Maduro a while back. So there's billboards all over Venezuela with a fifty million dollar reward for information leading to his you know, for a narco terrorism conspiracy, cocaine importation, conspiracy to use and carry machine guns and destructive devices in furtherance of a drug crime. So is that going to change anything. No, But here's and there's a much bigger issue at play. So he is now the head of a terror organization. The US government can act somewhat with impunity to go and take him out. He can leave peacefully, or he can leave in a box. I think that's the attitude that this administration has toward him. Now, his generals, many of which are part of the organization as well, have to decide how deep their loyalty lies. Do you want to challenge the USS Jerald Forward and multiple attack groups that are right off your coast with some of the most advanced weaponry know to mankind, or do you want to have allegiance to a drug lord that's choosing the money to keep himself in power even though he didn't win the election. I don't know. That's where it's now, in the larger theater of operations down there, if you're familiar. I grew up in Puerto Rico. I've traveled to Ecuador, in Panama and Coast three Gunaal. I love the plays with Mexico that hemisphere. Venezuela one of the most oil rich countries, even more oil than Saudi Arabia, one of the most mineral rich resources on the planet. Venezuela is an amazing country. Before shav is a Maduro and they're the ones that took again socialism doesn't work. They took their country down a very dark road to the point that they were trying to convince their people to eat rabbits. It should not be that way. It could be the Switzerland of this hemisphere. It's an amazing country. And if it falls, if I want to say went, it's going to fall. So when the Maduro regime falls and the democratic elected people serve and they create their system of their parliamentary system of government and some kind of Democrat Republic. It has a domino effect because right now Cuba needs oil from Venezuela to survive. The only thing propping them up right now is Venezuelan resources to keep Cuba alive at all, because the Russians aren't gonna help, they're too tie down. The Chinese don't want to get involved in that. So Venezuela falling and the US oil companies and other oil companies running those companies again with all that oil and shutting off the pipeline to communist socialist Cuba, also shutting down stuff to Noriega, who's still in charge of Nicaragua, just north of Costa Rica. So Nicaragua would also probably fall, So those two regimes would fall. So you end up with three countries in this hemisphere, all falling and probably becoming most likely Democrat Democrat, not Democrat party, but democratic. You also have right now, you have the success story of Argentina, which has become very libertarian, is doing very well. They've turned their accounty around Chile, the country of Chile moving to the right, the Colombia also moving to the right. Look, there is a massive transformation of Central and South America right now that could go. That could really leave two countries kind of isolated. When i'm Ecuador is going to have to decide what they want to do, but Brazil is going to have to decide where it wants to in Mexico, and it's thirty plus states, the thirty two states, it's going to have to side how far they want to go down the narco terrorism route, because the narco terrorism situation in Mexico will be the last remaining bastion of that way of being. And the Mexicans are paying attention to what's happening in Venezuela because they don't need that to happen. Luckily, the president of Mexico is not the head of a cartel. There are multiple cartels that can't stand each other. If anything, you could probably so division between the cartels and they take each other out. But with Costa Rica, Panama, Chile, Colombia, and Argentina, you have a basis from the US all the way to the Antarctic of stable countries that have human rights, that have democratically elected leadership, that have a conservative bent. It could be transformational for this hemisphere and it could lead to a repudiation of the Chinese influence down there. If you ever go to Ecuador, you'd see its massive in several countries, a massive Chinese influence. And we could rid our ourselves of that menace, which is what we need to do. So Venezuela. When you hear stories about Venezuela, and I'm not trying to go on a soapbox here too much, don't look at it as an isolated place. Look at it as the domino that needs to fall. And if you look at it from that perspective, that domino has a huge effect in our entire hemisphere and could lead to Mexico becoming a very different place in the near future. So that's my two cents worth all that. You know, stories are powerful. They help us make sense of things, to understand experiences. Stories connect us to the people of our past while transcending generations. They help us process the meaning of life, and our stories are told through images and videos. Preserve your stories with Creative Video. Started in nineteen ninety seven and Minhill, North Carolina. It was the first company to provide this valuable service, converting images, photos and videos into high quality produced slide shows, videos and albums. The trusted, talented and dedicated team at Creative Video will go over all of the details with you to create a project satisfaction guaranteed. Drop them off in person or mail them. They'll be ready in a week or two. Memorial videos for your loved ones, videos for rehearsal, dinners, weddings, graduations, Christmas, family vacations, birthdays, or just your family stories, all told through images. That's what your photos and videos are. They are your life told through the eyes of everyone around you and all who came before you, and they will tell others to come who you are. Visit creative video dot com. And these next two stories that I'm going to try to as we wrap things up, I'm going to try I'm going to beat as delicate as possible. One is climate related, so don't turn off your radios, don't turn off your podcast. Just bear with me. It's short, and it is the changing nature where we find ourselves before global warming catastrophes. And this is from the editorial board at Insights and Issues Issues and Insights. Rather before global warming, we were supposed to have an I says that was the big warning. For a while. Now we're hearing again that a big freeze is on the way, what do we do best just to ignore it? Since predicting the future climate based on human activity as a narcissistic folly, in nineteen seventy, University California Davis icologist Kenneth Watt pulled the alarm handle on our planet, he said, has been chilling sharply for twenty years. If present trends continue, the world would be about four degrees colder by nineteen ninety, but eleven degrees colder in the year two thousand. That's about twice what it would take to put us into an ice age. Didn't happen. Instead, climate activists then shifted and had been promising an overheated future since nineteen eighty eight, when Senate hearing James Hansen in a Senate here and claimed the greenhouse effect is here. We have since been inundated with predictions the band's combustion of fossil fuels was just going to roast us, it would cause more frequent and damaging storms didn't happen. Clamatus drouts, overflowing rains, the wildness of wildfire's sea level rise, just to name a few. The X essential threat is always just around the corner by the way, isn't it's it's you know that Donald Trump's an existential threat. Really they think he will be just like this, but we can't see it. We just know it's there, convincing you of that is what the green left has always done to get more power, wealth and influence. And yet despite this, humanity is moving on. But now a new threat has emerged. Carbon dioxide quote might be a factor in turning warming events into ice ages, according to Science Magazine. Or maybe it's not too soon to tell. And it's likely that it will always be too soon to tell, since, contrary to the left leaning media's take, most climate warming science is hotly debated and therefore not certain. In any event, let's not confuse this report with one that, according to The New York Post, also floats the idea that a new ice age is coming, in this case, because the Gulf Stream just off the coast of our beautiful state is almost at collapse. Reminder, just a reminder. This is just a couple of weeks after influential arch global warmest and multi billionaire Bill Gates announced a change of heart about climate change, saying that quote, climate change will not lead to humanity's demise people will be able to live and thrive in most places on Earth for the foreseeable future. So saith Bill Gates, which is now why he's not a champion for the political left. Whatever the supposed state of the climate is, no matter what dangerous trends of allegedly been identified, we suggest the editorial Board of Issues and Insights suggests that everyone should take the new information to do well nothing, because that's roughly what it's worth. So I wanted to pass that along before I try to get into this next one, which I don't think that I will get through, but I'm going to throw it out there. And this is what is somebody's going to scream and yell at the station. I apologize in advance, but it is about gluten sensitivity. Okay, not a doctor not telling you what to do. I'm just passing along from the American Council of Science and Health, and it is that. This is by Chuck Dinnerston, who is an MD. The past twenty years have seen gluten sensitivity transform from a fringe concern into a mainstream cultural identity, powered more by consumer experience, psychology, and industry dynamics than by anything biological. This rapid rise has left many people ensure if there is any scientific consensus for this popular belief. Our findings show that symptoms are more often triggered by fermentable carbohydrates commonly known as FOD maps, by other weak components, or by people's expectations, according to Jessica Bisserkarski, head of the Human Nutrition Group the University of Melbourne, at this point, most of us know someone who's identifies as gluten sensitive. Culturally, ideas gone up with gluten free eating wellness trends and widespread belief that gluten causes fatigue, bloating, brain fog or other vague symptoms. Again, not attacking any of you that feel this way, however, medical understanding of that experience is very narrow and the cultural phenomenon is much wider. Non seliac gluten sensitivity Again, gluten sensitivity seliac if you do have coeliac disease, gluten is something you don't tolerate well. But we've had millions of people that claim they're gluten sensitive that don't have celiac. It's the medical term for that condition, referring to individuals who experience things but do not have coeliac that lacks a diagnostic In other words, there's no way to test you for this. It's a known biological mechanism or clear symptom patterns. You can't tell if someone's got this alleged n CGS. To understand why the symptoms are so difficult, it helps to look more closely at what gluten actually contains. Gluten is the main storage protein and wheat and gives do its stretch elastic qualities. It provides most of the grains protein content. It's rich and amino acids protein glutamine, making it difficult for the system to fully break it down. As a result, people think something's wrong with it. Studies from around the world show that about ten percent of people report being sensitive to gluten, though estimates range from four to fifteen percent, numbers significantly inflated in control studies, they don't show that at all. But let's get to the end of this one, because I don't want to belabor this too much, because we're right up to against the top of the hour. In the end, what we do know at the end, the result is a self sustaining cultural loop most people. More people try and free diets out of curiosity or wellness motivations. Many folks do feel better, often because they are inadvertently reducing their intake of ultra process products. In other words, the fact that they're changing is why they feel better. It has nothing to do with gluten. But they want to look at this a lot more. But is it interesting? Just an interesting observation. All right, that'll do it for this episode. Thank you so much for listening. I could not do the show without your support and the support of the businesses that advertise on the podcast, so if you'd like, please support them too and tell them you heard it here. You can also become a patron at my Patreon page or go to dpetecleanershow dot com. Again, thank you so much for listening, and don't break anything while I'm gone.