Podcasts about Camp David

Listen to the first episode of AJC's new limited podcast series, Architects of Peace. Go behind the scenes of the decades-long diplomacy and quiet negotiations that made the Abraham Accords possible, bringing Israel, the United Arab Emirates, Bahrain, and later Morocco, together in historic peace agreements.   Jason Isaacson, AJC Chief of Policy and Political Affairs, explains the complex Middle East landscape before the Accords and how behind-the-scenes efforts helped foster the dialogue that continues to shape the region today. Resources: Episode Transcript AJC.org/ArchitectsofPeace - Tune in weekly for new episodes. The Abraham Accords, Explained AJC.org/CNME - Find more on AJC's Center for a New Middle East Listen – AJC Podcasts: The Forgotten Exodus People of the Pod Follow Architects of Peace on your favorite podcast app, and learn more at AJC.org/ArchitectsofPeace You can reach us at: podcasts@ajc.org If you've appreciated this episode, please be sure to tell your friends, and rate and review us on Apple Podcasts or Spotify. Transcript: Jason Isaacson: It has become clear to me in my travels in the region over the decades that more and more people across the Arab world understood the game, and they knew that this false narrative – that Jews are not legitimately there, and that somehow we have to focus all of our energy in the Arab world on combating this evil interloper – it's nonsense. And it's becoming increasingly clear that, in fact, Israel can be a partner. Manya Brachear Pashman: In September 2020, the world saw what had been years – decades – in the making: landmark peace agreements dubbed the Abraham Accords -- normalizing relations between Israel and two Arabian Gulf states, the United Arab Emirates and the Kingdom of Bahrain.  Later in December, they were joined by the Kingdom of Morocco. Five years later, AJC is pulling back the curtain to meet key individuals who built the trust that led to these breakthroughs. Introducing: the Architects of Peace. Manya Brachear Pashman: On the eve of the signing of the Abraham Accords, AJC Chief Policy and Political Affairs Officer Jason Isaacson found himself traveling to the end of a tree filled winding road in McLean, Virginia, to sip tea on the back terrace with Bahraini Ambassador Shaikh Abdulla bin Rashid Al Khalifa and Bahrain's Minister of Foreign Affairs Dr. Abdullatif bin Rashid Al Zayani. Jason Isaacson: Sitting in the backyard of the Bahraini ambassador's house with Dr. Al Zayani, the Foreign Minister of Bahrain and with Shaikh Abdulla, the ambassador, and hearing what was about to happen the next day on the South Lawn of the White House was a thrilling moment. And really, in many ways, just a validation of the work that AJC has been doing for many years–before I came to the organization, and the time that I've spent with AJC since the early 90s.  This possibility of Israel's true integration in the region, Israel's cooperation and peace with its neighbors, with all of its neighbors – this was clearly the threshold that we were standing on. Manya Brachear Pashman: If you're wondering how Jason ended up sipping tea in such esteemed company the night before his hosts made history, wonder no more. Here's the story. Yitzchak Shamir: The people of Israel look to this palace with great anticipation and expectation. We pray that this meeting will mark the beginning of a new chapter in the history of the Middle East; that it will signal the end of hostility, violence, terror, and war; that it will bring dialogue, accommodation, co-existence, and above all, peace. Manya Brachear Pashman: That was Israel's Prime Minister Yitzhak Shamir speaking in October 1991 at the historic Madrid Peace Conference -- the first time Israel and Arab delegations engaged in direct talks toward peace. It had taken 43 years to reach this point – 43 years since the historic United Nations Resolution that created separate Jewish and Arab states – a resolution Jewish leaders accepted, but Arab states scorned. Not even 24 hours after Israel declared its independence on May 14, 1948, the armies of Egypt, Iraq, Jordan, Lebanon, and Syria attacked the new Jewish state, which fought back mightily and expanded its territory. The result? A deep-seated distrust among Israel, its neighboring nations, and some of the Arab residents living within Israel's newly formed borders. Though many Palestinian Arabs stayed, comprising over 20 percent of Israel's population today, hundreds of thousands of others left or were displaced. Meanwhile, in reaction to the rebirth of the Jewish state, and over the following two decades, Jewish communities long established in Arab states faced hardship and attacks, forcing Jews by the hundreds of thousands to flee. Israel's War of Independence set off a series of wars with neighboring nations, terrorist attacks, and massacres. Peace in the region saw more than a few false starts, with one rare exception.  In 1979, after the historic visit to Israel by Egyptian President Anwar Sadat, he and Israeli Prime Minister Menachem Begin joined President Jimmy Carter for negotiations at Camp David and signed a peace treaty that for the next 15 years, remained the only formal agreement between Israel and an Arab state. In fact, it was denounced uniformly across the Arab world.  But 1991 introduced dramatic geopolitical shifts. The collapse of the Soviet Union, which had severed relations with Israel during the Six-Day War of 1967, diminished its ability to back Syria, Iraq, and Libya. In the USSR's final months, it re-established diplomatic relations with Israel but left behind a regional power vacuum that extremists started to fill. Meanwhile, most Arab states, including Syria, joined the successful U.S.-led coalition against Saddam Hussein that liberated Kuwait, solidifying American supremacy in the region and around the world. The Palestine Liberation Organization, which claimed to represent the world's Palestinians, supported Iraq and Libya.  Seizing an opportunity, the U.S. and the enfeebled but still relevant Soviet Union invited to Madrid a joint Jordanian-Palestinian delegation, along with delegations from Lebanon, Jordan, Syria, Egypt, and Israel. Just four months before that Madrid meeting, Jason Isaacson had left his job on Capitol Hill to work for the American Jewish Committee. At that time, AJC published a magazine titled Commentary, enabling Jason to travel to the historic summit with media credentials and hang out with the press pool. Jason Isaacson: It was very clear in just normal conversations with these young Arab journalists who I was spending some time with, that there was the possibility of an openness that I had not realized existed. There was a possibility of kind of a sense of common concerns about the region, that was kind of refreshing and was sort of running counter to the narratives that have dominated conversations in that part of the world for so long.  And it gave me the sense that by expanding the circle of relationships that I was just starting with in Madrid, we might be able to make some progress. We might be able to find some partners with whom AJC could develop a real relationship. Manya Brachear Pashman: AJC had already begun to build ties in the region in the 1950s, visiting Arab countries like Morocco and Tunisia, which had sizable Jewish populations. The rise in Arab nationalism in Tunisia and rebirth of Israel eventually led to an exodus that depleted the Jewish community there. Emigration depleted Morocco's Jewish community as well.  Jason Isaacson: To say that somehow this is not the native land of the Jewish people is just flying in the face of the reality. And yet, that was the propaganda line that was pushed out across the region. Of course, Madrid opened a lot of people's eyes. But that wasn't enough. More had to be done. There were very serious efforts made by the U.S. government, Israeli diplomats, Israeli businesspeople, and my organization, which played a very active role in trying to introduce people to the reality that they would benefit from this relationship with Israel.  So it was pushing back against decades of propaganda and lies. And that was one of the roles that we assigned to ourselves and have continued to play. Manya Brachear Pashman: No real negotiations took place at the Madrid Conference, rather it opened conversations that unfolded in Moscow, in Washington, and behind closed doors in secret locations around the world. Progress quickened under Israeli Prime Minister Yitzhak Rabin. In addition to a peace treaty between Israel and Jordan, reached in 1994, secret talks in Norway between Israel and PLO resulted in the Oslo Accords, a series of agreements signed in 1993 and 1995 that ended the First Intifada after six years of violence, and laid out a five-year timeline for achieving a two-state solution. Extremists tried to derail the process. A Jewish extremist assassinated Rabin in 1995. And a new terror group  launched a series of suicide attacks against Israeli civilians. Formed during the First Intifada, these terrorists became stars of the Second. They called themselves Hamas. AP News Report: [sirens] [in Hebrew] Don't linger, don't linger. Manya Brachear Pashman: On March 27, 2002, Hamas sent a suicide bomber into an Israeli hotel where 250 guests had just been seated for a Passover Seder. He killed 30 people and injured 140 more. The day after the deadliest suicide attack in Israel's history, the Arab League, a coalition of 22 Arab nations in the Middle East and Africa, unveiled what it called the Arab Peace Initiative – a road map offering wide scale normalization of relations with Israel, but with an ultimatum: No expansion of Arab-Israeli relations until the establishment of a Palestinian state within the pre-1967 armistice lines and a so-called right of return for Palestinians who left and their descendants.   As the Second Intifada continued to take civilian lives, the Israeli army soon launched Operation Defensive Shield to secure the West Bank and parts of Gaza. It was a period of high tension, conflict, and distrust. But behind the scenes, Jason and AJC were forging ahead, building bridges, and encountering an openness in Arab capitals that belied the ultimatum.  Jason Isaacson: It has become clear to me in my travels in the region over the decades that more and more people across the Arab world understood the game, and they knew that that this false narrative that Jews are not legitimately there, and that somehow we have to focus all of our energy in the Arab world on combating this evil interloper – it's nonsense. And it's becoming increasingly clear that, in fact, Israel can be a partner of Arab countries. Manya Brachear Pashman: Jason led delegations of Jewish leaders to Arab capitals, oversaw visits by Arab leaders to Israel, and cultivated relationships of strategic and political consequence with governments and civil society leaders across North Africa, the Levant, and the Arabian Peninsula. In 2009, King Mohammed VI of Morocco bestowed on him the honor of Chevalier of the Order of the Throne of the Kingdom of Morocco. Jason's priority was nurturing one key element missing from Arab-Israeli relations. An element that for decades had been absent in most Middle East peace negotiations: trust.   Jason Isaacson: Nothing is more important than developing trust. Trust and goodwill are, if not synonymous, are so closely linked. Yes, a lot of these discussions that AJC's been engaged in over many years have been all about, not only developing a set of contacts we can turn to when there's a crisis or when we need answers to questions or when we need to pass a message along to a government. But also, develop a sense that we all want the same thing and we trust each other. That if someone is prepared to take certain risks to advance the prospect of peace, which will involve risk, which will involve vulnerability. That a neighbor who might have demonstrated in not-so-distant past animosity and hostility toward Israel can be trusted to take a different course. Manya Brachear Pashman: A number of Israeli diplomats and businesspeople also worked toward that goal. While certain diplomatic channels in the intelligence and security spheres stayed open out of necessity – other diplomats and businesspeople with dual citizenship traveled across the region, quietly breaking down barriers, starting conversations, and building trust.  Jason Isaacson: I would run into people in Arab capitals from time to time, who were fulfilling that function, and traveling with different passports that they had legitimately, because they were from those countries. It was just a handful of people in governments that would necessarily know that they were there. So yes, if that sounds like cloak and dagger, it's kind of a cloak and dagger operation, a way for people to maintain a relationship and build a relationship until the society is ready to accept the reality that it will be in their country's best interest to have that relationship. Manya Brachear Pashman: Privately, behind the scenes, signs emerged that some Arab leaders understood the role that Jews have played in the region's history for millennia and the possibilities that would exist if Muslims and Jews could restore some of the faith and friendship of bygone years.  Jason Isaacson: I remember sitting with King Mohammed the VI of Morocco just weeks after his ascension to the throne, so going back more than a quarter century, and hearing him talk with me and AJC colleagues about the 600,000 subjects that he had in Israel. Of course, these were Jews, Israelis of Moroccan descent, who are in the hundreds of thousands. But the sense that these countries really have a common history. Manya Brachear Pashman: Common history, yes. Common goals, too. And not for nothing, a common enemy. The same extremist forces that have been bent on Israel's destruction have not only disrupted Israeli-Arab peace, they've prevented the Palestinian people from thriving in a state of their own and now threaten the security and stability of the entire region. Jason Isaacson:  We are hopeful that in partnership with those in the Arab world who feel the same way about the need to push back against extremism, including the extremism promoted, promulgated, funded, armed by the Islamic Republic of Iran, that we can have enough of a network of supportive players in the Arab world, in the West. Working with Israel and working with Palestinian partners who are interested in the same future. A real future, a politically free future, where we can actually make some progress. And that's an ongoing effort. This is a point that we made consistently over many years: if you want to help the Palestinian people–and we want to help the Palestinian people–but if you, fill in the blank Arab government official, your country wants to help the Palestinian people, you're not helping them by pretending that Israel doesn't exist.  You're not helping them by isolating Israel, by making Israel a pariah in the minds of your people. You will actually have leverage with Israel, and you'll help the Palestinians when they're sitting at a negotiating table across from the Israelis. If you engage Israel, if you have access to the Israeli officials and they have a stake in your being on their side on certain things and working together on certain common issues. Manya Brachear Pashman: Jason says more and more Arab leaders are realizing, with some frustration, that isolating Israel is a losing proposition for all the parties involved. It has not helped the Palestinian people. It has not kept extremism at bay. And it has not helped their own countries and their own citizens prosper. In fact, the limitations that isolating Israel imposes have caused many countries to lag behind the tiny Jewish state. Jason Isaacson: I think there was just this sense of how far back we have fallen, how much ground we have to make up. We need to break out of the old mindset and try something different. But that before the Abraham Accords, they were saying it in the years leading up to the Abraham Accords, with increasing frustration for the failure of Palestinian leadership to seize opportunities that had been held out to them. But frankly, also contributing, I think, to this was this insistence on isolating themselves from a naturally synergistic relationship with a neighboring state right next door that could contribute to the welfare of their societies. It just didn't make a whole lot of sense, and it denied them the ability to move forward. Manya Brachear Pashman: Jason remembers the first time he heard an Arab official utter the words out loud – expressing a willingness, daresay desire, to partner with Israel. Jason Isaacson: It took a long time, but I could see in 2016, 17, 18, 19, this growing awareness, and finally hearing it actually spoken out loud in one particular conference that I remember going to in 2018 in Bahrain, by a senior official from an Arab country. It took a long time for that lesson to penetrate, but it's absolutely the case. Manya Brachear Pashman: In 2019, Bahrain hosted an economic summit where the Trump administration presented its "Peace to Prosperity" plan, a $50 billion investment proposal to create jobs and improve the lives of Palestinians while also promoting regional peace and security. Palestinians rejected the plan outright and refused to attend. Bahrain invited Israeli media to cover the summit. That September, on the sidelines of the UN General Assembly, AJC presented its inaugural Architect of Peace Award to the Kingdom of Bahrain's chief diplomat for nearly 20 years. Shaikh Khalid bin Ahmed Al Khalifa, Bahrain's Minister of Foreign Affairs at the time, told Jason that it was important to learn the lessons of the late Egyptian President Anwar Sadat and late Jordanian King Hussein, both of whom signed peace treaties with Israel. He also explained the reason why Bahrain invited Israeli media.  Shaikh Khalid bin Ahmed Al Khalifa: President Anwar Sadat did it, he broke a huge barrier. He was a man of war, he was the leader of a country that went to war or two with Israel. But then he knew that at the right moment he would want to go straight to Israeli and talk to them. We fulfilled also something that we've always wanted to do, we've discussed it many times: talking to the Israeli public through the Israeli media.  Why not talk to the people? They wake up every day, they have their breakfast watching their own TV channels, they read their own papers, they read their own media, they form their own opinion.    Absolutely nobody should shy away from talking to the media. We are trying to get our point across. In order to convince. How will you do it? There is no language of silence. You'll have to talk and you'll have to remove all those barriers and with that, trust can be built. Manya Brachear Pashman: Jason had spent decades building that trust and the year to come yielded clear results. In May and June 2020, UAE Ambassador to the UN Lana Nusseibeh and UAE Minister of State Dr. Anwar Gargash both participated in AJC webinars to openly discuss cooperation with Israel – a topic once considered taboo.  So when the Abraham Accords were signed a few months later, for Jason and AJC colleagues who had been on this long journey for peace, it was a natural progression. Though no less dramatic.  Sitting with Minister Al Khalifa's successor, Dr. Al Zayani, and the Bahraini ambassador on the evening before the White House ceremony, it was time to drink a toast to a new chapter of history in the region. Jason Isaacson: I don't think that that would have been possible had there not been decades of contacts that had been made by many people. Roving Israeli diplomats and Israeli business people, usually operating, in fact, maybe always operating with passports from other countries, traveling across the region. And frankly, our work and the work of a limited number of other people who were in non-governmental positions. Some journalists, authors, scholars, business people, and we certainly did a great deal of this over decades, would speak with leaders in these countries and influential people who are not government officials. And opening up their minds to the possibility of the advantages that would accrue to their societies by engaging Israel and by better understanding the Jewish people and who we are, what we care about, who we are not.  Because there was, of course, a great deal of decades, I should say, centuries and millennia, of misapprehensions and lies about the Jewish people. So clearing away that baggage was a very important part of the work that we did, and I believe that others did as well. We weren't surprised. We were pleased. We applauded the Trump administration, the President and his team, for making this enormous progress on advancing regional security and peace, prosperity. We are now hoping that we can build on those achievements of 2020 going forward and expanding fully the integration of Israel into its neighborhood. Manya Brachear Pashman: Next episode, we hear how the first Trump administration developed its Middle East policy and take listeners behind the scenes of the high stakes negotiations that yielded the Abraham Accords.  Atara Lakritz is our producer. T.K. Broderick is our sound engineer. Special thanks to Jason Isaacson, Jon Schweitzer, Sean Savage, and the entire AJC team for making this series possible.  You can subscribe to Architects of Peace on Apple Podcasts, Spotify, or wherever you listen to podcasts, and you can learn more at AJC.org/ArchitectsofPeace.  The views and opinions of our guests don't necessarily reflect the positions of AJC.  You can reach us at podcasts@ajc.org. If you've enjoyed this episode, please be sure to spread the word, and hop onto Apple Podcasts or Spotify to rate us and write a review to help more listeners find us. ___ Music Credits: Middle East : ID: 279780040; Composer: Eric Sutherland Middle East Violin: ID: 277189507; Composer: Andy Warner Frontiers: ID: 183925100; Publisher: Pond5 Publishing Beta (BMI); Composer: Pete Checkley (BMI) Middle East Tension: ID: 45925627 Arabic Ambient: ID: 186923328; Publisher: Victor Romanov; Composer: Victor Romanov Arabian Strings: ID: 72249988; Publisher: EITAN EPSTEIN; Composer: EITAN EPSTEIN Inspired Middle East: ID: 241884108; Composer: iCENTURY Middle East Dramatic Intense: ID: 23619101; Publisher: GRS Records; Composer: Satria Petir Mystical Middle East: ID: 212471911; Composer: Vicher    

AJ and Tim discuss The Outsiders #24 from 1987, “Night of Camp David”, a new/old villain, new/old member, and subplots. Website: https://directory.libsyn.com/shows/view/id/wrightonnetwork Patreon: https://patreon.com/wrightonnetwork Email: BatOutcasters@gmail.com Bluesky: @outcasters.bsky.social @HueStone44.bsky.social @timprice17.bsky.social Threads: @wright_on_work @timprice17 Closing music: Steven Universe Intro

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordikeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordikeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: https//kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordikeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: https//kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

SUNDAYS @CAMP DAVID - CRM - THE BLESSING OF MULTIPLICATION - 3RD JULY 2025 by Kingsword Ikeja

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordIkeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: https//kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650 KingsWordIkeja

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

Angel Studios https://Angel.com/ToddJoin the Angel Guild today and stream Testament, a powerful new series featuring the retelling of the book of Acts. Alan's Soaps https://www.AlansArtisanSoaps.comUse coupon code TODD to save an additional 10% off the bundle price.Bioptimizers https://Bioptimizers.com/toddEnter promo code TODD to get 10% off your order of Berberine Breakthrough today.Bizable https://GoBizable.comUntie your business exposure from your personal exposure with BiZABLE.  Schedule your FREE consultation at GoBizAble.com today.  Bonefrog https://BonefrogCoffee.com/toddThe new GOLDEN AGE is here!  Use code TODD at checkout to receive 10% off your first purchase and 15% on subscriptions.Bulwark Capital https://KnowYourRiskPodcast.comHear directly from Zach Abraham as he shares insights in this FREE “Halftime” Webinar, THIS Thursday, July 24th at 3:30 Pacific.  Register now at Know Your Risk Podcast dot com. Renue Healthcare https://Renue.Healthcare/ToddYour journey to a better life starts at Renue Healthcare. Visit https://Renue.Healthcare/ToddLISTEN and SUBSCRIBE at:The Todd Herman Show - Podcast - Apple PodcastsThe Todd Herman Show | Podcast on SpotifyWATCH and SUBSCRIBE at: Todd Herman - The Todd Herman Show - YouTubeI'm afraid Joe Rogan is choosing the wide road of almost-Christianity. The wide road takes many forms, but the road to salvation is narrow and clear. The wide road is ambiguous…Episode Links:Am I hearing this right?! They are screaming “WE ALL HATE COPS” at the “family friendly” Portland Pride Parade? Wow…Presbyterian Texas state rep James Talarico tells Joe Rogan there's nothing in the Bible against homosexuality or abortion, and that it was "pro choice" for the Blessed Virgin Mary to agree to conceive by the Holy Ghost. Because heresy makes you stupid.Pastor John MacArthur's purported last words, which he took between gasps for air as his mind drifted to 1 Corinthians 15:55 ("O death, where is your victory? O death, where is your sting?") - ‘I feel no sting. I feel no fear.'The president of George Mason University says that public universities should select leaders on the basis of "racial diversity," rather than merit, and that his job is to promote "the five pillars of social justice," rather than to pursue the truth. He should resign.Hunter Biden goes on a profanity laced rant about illegals being deported: "People are really upset about illegal immigration? Fuck you. How do you think your hotel room gets cleaned? How do you think you have food on your fucking table? Who do you think washes your dishes?"Hunter Biden suggests his father was drugged up before the infamous CNN debate: "He flew around the world. He's 81 years old. He's tired. They give him Ambien to be able to sleep and he gets up on the stage and looks like a deer in the headlights." - PS: The FigureHead was at Camp David for SEVEN DAYS before the debate. 

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordIkeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: https//kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

SUNDAYS @CAMP DAVID - PALACE DEALERS SERVICE -THE 100 FOLD RETURN! -20TH JULY 2025 by Kingsword Ikeja

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordikeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordIkeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650 KingsWordIkeja

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok:@kingswordIkeja Audio Streaming Mixlr: https//kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

Year(s) Discussed: 1935-2025 Like all of us, presidents need a place where they can relax and unwind. Having served as its commanding officer under Presidents Bill Clinton and George W Bush, Michael Giorgione shares with us some of the history of the presidential retreat, Camp David, and what it takes behind the scenes to have it ready for the president, the first family, and their guests at a moment's notice. Links to more information about Michael and his book, Inside Camp David, can be found at https://www.presidenciespodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Take a break from the heat today to discuss some of the hidden history, and importance, of the Presidential retreat at Camp David with the author of the book, Presidential Seclusion: The Power of Camp David, Charles Ferguson.After graduating from Georgia Tech and earning his commission, Charles Ferguson served for 11 years in the Submarine force onboard the USS Louisville and as Weapons Officer onboard USS Buffalo with a shore duty at Nuclear Power School in between. He switched to the IRR as Chaplain Candidate while attending seminary at Duke Divinity School and was recommissioned as an Active Duty Chaplain in 2010. As a chaplain he has served with both Navy and Marine Corps commands to include three and a half years as the Chaplain and Historian at Camp David.ShowlinkPresidential Seclusion: The Power of Camp DavidSummaryThis conversation explores the historical significance and operational dynamics of the Presidential retreat of Camp David. The discussion highlights its origins, the Navy's role in its management, and the unique environment it provides for presidents to make critical decisions. The conversation also delves into the architectural design that facilitates diplomacy, notable guests who have visited, and the personal touches each president has added to the retreat. Additionally, the role of the chaplain and the supportive relationship with the local community are examined, emphasizing the importance of solitude for leaders in high-pressure positions.Chapters00:00: Introduction to Camp David's Significance05:35: The Navy's Role in Camp David's History10:27: Becoming the Chaplain and Historian at Camp David15:22: The Origins and Transformation of Camp David20:38: The Impact of Camp David on Presidential Decisions29:15: Notable Guests and Diplomatic Encounters at Camp David30:53: Architectural Diplomacy at Camp David34:20: Presidential Modifications and Personal Touches38:04: The Origin of Camp David's Name40:58: Management and Operations at Camp David43:13: The Role of the Chaplain45:25: The Solitude of Leadership49:32: Community Interactions and Local Support53:22: Memorable Moments and Staff Contributions58:14: The Importance of Setting Conditions for Peace01:00: Future Projects and Closing Thoughts

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja YouTube" @KingsWord Ikeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

SUNDAYS @CAMP DAVID - PALACE DEALERS SERVICE - THE 100 FOLD RETURN! - 13TH JULY 2025 by Kingsword Ikeja

SUNDAYS @CAMP DAVID - CRM - THE 100 FOLD RETURN! - 13TH JULY 2025 by Kingsword Ikeja

MDWK @CAMP DAVID - BY THIS TIME TOMORROW - 9TH JULY 2025 by Kingsword Ikeja

SUNDAYS @CAMP DAVID | MID-YEAR THANKSGIVING SERVICE | 6TH JULY 2025 by Kingsword Ikeja

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

We present our The West Wing (Season 6) review!The sixth season of the American political drama television series The West Wing aired in the United States on NBC from October 20, 2004, to April 6, 2005, and consisted of 22 episodes.The sixth season opens with the Israeli and Palestinian delegations arriving at Camp David for peace talks. Despite problems at the summit, a deal is thrashed out by President Bartlet, but not before he fires Leo as chief of staff. Leo suffers a heart attack in the aftermath, leading to a re-shuffle of the White House staff. CJ Cregg becomes chief of staff but she finds it difficult to adapt, a fact not helped by the President's worsening multiple sclerosis and consequent interference from the First Lady in an effort to conserve his energy. Away from the White House, Josh convinces Texas Congressman Matt Santos to run for president, and after a shaky start, Santos finds himself in a three-way race for the Democratic nomination with Vice President Russell and former Vice President Hoynes. While the Republican primaries provide a clear winner in California Senator Arnold Vinick, a moderate, the Democratic ticket is not finalized until the Democratic National Convention, at which Santos is chosen as the presidential nominee, with Leo as his running mate. Meanwhile, someone at the White House has leaked national security information to reporter Greg Brock.Disclaimer: The following may contain offensive language, adult humor, and/or content that some viewers may find offensive – The views and opinions expressed by any one speaker does not explicitly or necessarily reflect or represent those of Mark Radulich or W2M Network.Mark Radulich and his wacky podcast on all the things:https://linktr.ee/markkind76alsohttps://www.teepublic.com/user/radulich-in-broadcasting-networkFB Messenger: Mark Radulich LCSWTiktok: @markradulichtwitter: @MarkRadulichInstagram: markkind76RIBN Album Playlist: https://suno.com/playlist/91d704c9-d1ea-45a0-9ffe-5069497bad59 

PALACE DEALERS SERVICE - THE HEAVEN ON EARTH LIFE

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordIkeja Instagram: @kingswordIkeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordikeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordikeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok:@kingswordIkeja Audio Streaming Mixlr: https//kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordikeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordikeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

The rift between the hawkish voices in the Trump administration and DNI Tulsi Gabbard becomes more apparent after Tulsi's exclusion from Trump's Camp David meeting on Iran. What does her future look like within MAGA? Plus: outrage erupts after Iran strikes a hospital in Israel, yet there is little concern over the several hospitals in Gaza that have been destroyed by Israel.  ----------------------------------- Watch full episodes on Rumble, streamed LIVE 7pm ET. Become part of our Locals community Follow System Update:  Twitter Instagram TikTok Facebook      

Veteran diplomat Stuart Eizenstat joins The Gist to discuss The Art of Diplomacy: How American Negotiators Reached Historic Agreements That Changed the World, drawing on his work from Camp David to Holocaust reparations. He shares what it means to practice “unsympathetic empathy,” how German officials came to see moral obligation in restitution, and why negotiations fail when mutual interest is absent. Eizenstat contrasts the courage of leaders like Sadat and the UAE's Mohammed bin Zayed with Arafat's refusal to compromise—even amid opportunity. Plus, the Sackler immunity case is a prime example of a major real-world development that resulted from a Supreme Court acting far outside its supposed 6–3 rigidity. Produced by Corey WaraProduction Coordinator Ashley KhanEmail us at ⁠⁠⁠⁠thegist@mikepesca.com⁠⁠⁠⁠To advertise on the show, contact ⁠⁠⁠⁠ad-sales@libsyn.com⁠⁠⁠⁠ or visit ⁠⁠⁠⁠https://advertising.libsyn.com/TheGist⁠⁠⁠⁠Subscribe to The Gist: ⁠⁠⁠⁠https://subscribe.mikepesca.com/⁠⁠⁠⁠Subscribe to The Gist Youtube Page: ⁠⁠⁠⁠https://www.youtube.com/channel/UC4_bh0wHgk2YfpKf4rg40_g⁠⁠⁠⁠Subscribe to The Gist Instagram Page: ⁠⁠⁠⁠GIST INSTAGRAM⁠⁠⁠⁠Follow The Gist List at: ⁠⁠⁠⁠Pesca⁠⁠⁠⁠ ⁠⁠⁠⁠Profundities | Mike Pesca | Substack Learn more about your ad choices. Visit podcastchoices.com/adchoices

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordikeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok:@kingswordIkeja Audio Streaming Mixlr: https//kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

Join Jim and Greg for this Tuesday 3 Martini Lunch as they examine President Trump's intensifying pressure on Iran, the curious absence of Director of National Intelligence Tulsi Gabbard from a key national security meeting prior to recent Israeli military action, and what Los Angeles Mayor Karen Bass inadvertently revealed during her comments about immigrants in LA.First, they discuss President Trump's choice to cut his visit to the G7 summit unexpectedly short. Afterward, he issued several social media posts putting Iran's feet to the fire. They discuss Trump's consistency on refusing to allow Iran to have nuclear weapons and consider precisely what assistance he's willing to provide to Israel.Next, they wonder why Tulsi Gabbard did not attend the recent national security meeting at Camp David just days before Israel launched pre-emptive strikes inside Iran. Was she not invited? Did she choose not to come? And does this explain her cryptic video about being on the brink of nuclear annihilation just days later?Finally, they shake their heads again as Mayor Bass says much of the city's economy would suffer without immigrants. Of course, she won't distinguish between legal and illegal immigrants. She reveals the stark truth that California's economy functions on the backs of exploited illegal immigrants, leaving Jim and Greg to wonder how anyone could support her as mayor.Please visit our great sponsors. No missed calls, no missed customers with OpenPhone. Get 20% off your first 6 months at https://Openphone.com/3mlIf I needed to find a doctor quickly, Zocdoc is what I'd use. Stop putting off those doctor's appointments and head to https://zocdoc.com/3ML to find and instantly book a top-rated doctor today.Upgrade your skincare routine with Caldera Lab and see the difference.  Visit https://CalderaLab.com/3ML and use code 3ML at checkout for 20% off your first order.

Michael Giorgione joined Strategerist host Andrew Kaufmann and Lieutenant Commander, USNR D'Juan Wilcher, Deputy Director of Veterans and Military Families at the Bush Institute, to discuss his time at Camp David and how his 29 years of military service helped him there and continues to inspire his teachings today.

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordikeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok:@kingswordIkeja Audio Streaming Mixlr: https//kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube: @kingswordIkeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on YouTube:@kingswordIkeja Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

KingsWord International Church is called of God to raise a people of the Word and the Spirit, equipped with a revelation of their Supernatural Identity. Connect with us on Instagram: @kingswordikeja Facebook: @kingswordIkeja TikTok: @kingswordIkeja Audio Streaming Mixlr: kingswordikeja.mixlr.com Giving Details: KingsWord Ministries International (KMI) GTBank Naira - 0009617383 USD - 0009617510 GBP - 0009617503 Euros - 0009617527 First Timers Form & Number bit.ly/eserviceguest 0810-000-0650

The anti-ICE protests rage on… Now in Denver, Colorado, more anti-ICE rioters have joined the scene, blocking streets and freeways, and wreaking havoc. One can only imagine what June 14th will be like… Next, Donald Trump joined Miranda Devine for an interview, and bombshells were dropped. Hints at a revival in his relationship with Elon, talk at Camp David, and mentions of those mysterious drones before the inauguration. Finally, while everyone is distracted with the protests, much more is happening behind the scenes… We'll be covering all this and more on today's Untamed!  

Carl Roberts, Sam Vokes and Joe Ledley chat to Wales players David Brooks, Ben Cabango and Jay Dasilva before their two World Cup 2026 qualifying matches at home to Liechtenstein and away to Belgium.

The Father of Reaganomics, David Stockman, joins us to explore the complex world of international trade and its impact on investors.  Key insights include: Challenging conventional wisdom about trade policies Understanding economic forces that drive investment opportunities Gaining expert perspective on global economic trends Stockman provides a candid analysis of current trade strategies, revealing: The true drivers of economic competitiveness Potential pitfalls of protectionist approaches Critical insights for strategic investors The episode cuts through political noise to offer clear, actionable economic intelligence for informed decision-making. Smart investors look beyond headlines to understand the deeper economic forces shaping their financial future. Resources: Check out David Stockman's Contra Corner Newsletter Show Notes: GetRichEducation.com/553 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold, I sit down with a long time White House occupant who was the official economic advisor to an ex president. We get the real deal on tariffs and what they mean to you. Trump gets called out and the ominous sign about what's coming six months from now, today on, Get Rich Education.   Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being the flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com   Corey Coates  1:14   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:30   Welcome to GRE from Brookline, Massachusetts to Brooklyn, New York and across 188 nations worldwide. I'm Keith Weinhold, and you are listening to get rich education, just another shaved mammal behind this microphone here. I recently spent some time with the father of Reaganomics, David Stockman, in New York City, and sometimes an issue so critical surfaces that real estate investors need to step back and understand a broader force in the economy. Three weeks ago, here, I told you how the second and third way, real estate pays you. Cash flow and ROA are sourced by your tenants employment and the future of your tenants employment is influenced by tariffs and other policies of this presidential administration. This is going to affect rates of inflation and a whole lot of things. Now, an organization called the American Dialect Society, they actually name their word of the year, and this year, it is shaping up to be that word, tariff. In fact, Trump has described that word as the most beautiful word in the dictionary. And I think we all know by now that a tariff is an import tax that gets passed along to consumers when it comes to materials used in real estate construction that's going to affect future real estate prices. Well, several key ones so far were exempted from recent reciprocal tariffs, including steel, aluminum, lumber and copper exempted. Not everything was exempted, but those items and some others were but who knows if even they are going to stay that way. And now, when it comes to this topic. I think a lot of people want to make immediate overreactions in even posture like they're an expert in become an armchair economist, and I guess we all do a little of that, me included. But rather than being first on this and overreacting, let's let the policy which Trump called Liberation Day last month when he announced all these new tariffs. Let's let policy simmer a little and then bring in an expert that really knows what this means to the economy and real estate. So that's why I wanted to set up this discussion for your benefit with the father of Reaganomics and I today. In fact, what did Reagan himself say about tarrifs back in 1987 this is part of a clip that's gained new life this year. It's about a minute and a half.    Speaker 1  4:13   Throughout the world, there's a growing realization that the way to prosperity for all nations is rejecting protectionist legislation and promoting fair and free competition. Now there are sound historical reasons for this. For those of us who lived through the Great Depression, the memory of the suffering it caused is deep and searing, and today, many economic analysts and historians argue that high tariff legislation passed back in that period called the Smoot Hawley tariff greatly deepened the depression and prevented economic recovery. You see at first when someone says, Let's impose tariffs on foreign imports, it looks like they're doing the patriotic thing by protecting American products and jobs, and sometimes for a short while at work. Price, but only for a short time. What eventually occurs is first, home grown industries start relying on government protection in the form of high tariffs. They stop competing and stop making the innovative management and technological changes they need to succeed in world markets. And then, while all this is going on, something even worse occurs. High tariffs inevitably lead to retaliation by foreign countries and the triggering of fierce trade wars. The result is more and more tariffs, higher and higher trade barriers, and less and less competition, so soon, because of the prices made artificially high by tariffs that subsidize inefficiency and poor management, people stop buying. Then the worst happens, markets shrink and collapse, businesses and industry shut down, and millions of people lose their jobs.    Keith Weinhold  5:50   Now, from what I can tell you as a listener in the GRE audience, maybe you're split on what you think about tariffs. In fact, we ran an Instagram poll. It asks, generally speaking, tariffs are good or bad? Simply that 40% of you said good, 60% bad. Over on LinkedIn, it was different. 52% said they're good, 48% bad. So it's nearly half and half. And rather than me taking a side here, I like to bring up points that support both sides, and then let our distinguished guests talk, since he's the expert. For example, if a foreign nation wants to access the world's largest economy, the United States, does it make sense for them to pay a fee? I mean, it works that way in a lot of places, when you want to list a product on eBay or Amazon, you pay them a fee. You pay a percentage of the list price in order to get access to a ready marketplace of qualified buyers. All right. Well, that's one side, but then the other side is, come on, let's look at history. Where have tariffs ever worked like Where have they ever been a resounding, long term success? Do they have any history of a sustained, good track record? I generally like free trade. Then let's understand there's something even worse than a steep tariff. There are quotas which are imposed, import limits, trade limits, and then there are even all out import bans. What do terrorists mean to the economy that you are going to live in and that your tenants live in? It's the father of Reaganomics, and I on that straight ahead on Get Rich Education. I'm your host. Keith Weinhold.   you know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back, no weird lock ups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text, family to 66866, to learn about freedom, family investments, liquidity fund, again. Text family to 6686   Hey, you can get your mortgage loans at the same place where I get mine, at Ridge lending group and MLS, 42056, they provided our listeners with more loans than any provider in the entire nation because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Caeli Ridge personally. Start Now while it's on your mind at Ridge lendinggroup.com, that's ridgelendinggroup.com.    Hey   Robert Helms  9:28   Hey everybody. It's Robert Helms of the real estate guys radio program. So glad you found Keith Weinhold in get rich education. Don't quit your Daydream.   Keith Weinhold  9:48   when it comes to White House economic policy like tariffs, taxes and inflation, don't you wish you could talk to someone that's often been inside the White House. Today, we are even better. He was the official advisor to an ex president on economic affairs, a Wall Street and Washington insider and Harvard grad. Today's guest is also a former two time congressman from Michigan. He's a prolific author, and he is none other than the man known as the father of Reaganomics. He was indeed President Ronald Reagan's budget advisor. He was first with us last year, but so much has happened since. So welcome back to the show. David Stockman,    David Stockman  10:26   very good to be with you, and you're certainly right about that. I think we're really in uncharted waters. Who could have predicted where we are today, and therefore it's very hard to know where we're heading, but you have to try to peer through the fog and all the uncertainty and the noise and the, you know, day to day ups and downs that's coming from this White House in a way that we've never seen before. And I started on Capitol Hill in 1970 so I've been watching this, you know, for more than a half century, actually, quite a while. And man, it's important to go through all this, but it's sort of uncharted waters.    Keith Weinhold  11:04   Sure, it's sort of like you wake up every day and all you do know is that you don't know. And David, when it comes to tariffs, I want to give you my idea, and then I want to ask you about what the tariff objective even is. Now, to be sure, no one is asking me how to advise the President. I'm an international real estate investor, but I do most of my business in the US, and I sure don't have international trade policy experience. It seems better to me, David, that rather than shocking the world with new tariffs that kick in right away, it would have been better to announce that tariffs begin in, say, 90 days, and then give nations space to negotiate before they kick in. That's my prevailing idea. My question to you is, what's the real objective here? What are terrorists proposed to do? Raise revenue, onshore companies merely a negotiation tactic? Is the objective? Something else?    David Stockman  12:00   Well, it might be all of the above, but I think it's important to start with a predicate, and that is that the problem is not high tariffs abroad or cheating by foreign competitors or exporters. There is a huge problem of a chronic trade deficit that is not benign, that does reflect a tremendous offshoring of our industrial economy, the loss of good, high paying industrial and manufacturing jobs. So the issue is an important one to address, but I have to say, very clearly, Trump is 100% wrong when he attempts to address it with tariffs, because foreign tariffs aren't the problem. Let me just give a couple of pieces of data on this, and I've been doing a lot of research on this. If you take the top 51 exporters to the United States, our top 51 trade partners, and this is Mexico and Canada and the entire EU and it's all the big far eastern China, Japan, South Korea, India, you know, all the rest of them. If you look at the and that's 90% of our trade, we have 2.9 trillion of imports coming in from all of those countries, and the tariff that we Levy, this is the United States, on those imports, is not high. It's higher than it was in the past, mainly because of what Trump did in the first term, but it's 3.9% now compared to bad times historically, decades and decades ago. That's relatively low. But here's the key point, if we look at the same 51 trading partners in terms of the tariffs they levy on our exports to China and to the EU and to Canada and Mexico and South Korea and all the rest of them. The tariff average, weighted average that they levy is 2.1% so let me restate that the average US tariff is about twice as high 4% around things as what our partners imposed 2% now the larger point is whether it's 4% or 2% doesn't make a better difference. That's not a problem when it comes to 33 trillion of world trade of which we are, you know, the United States engages in about five and a half trillion of that on a two way basis, import, export, in the nexus of a massive global trading system. So he's off base. He's wrong. The target is not high tariffs or unfair foreign trade. Now there are some people who say, Well, you're looking at monetary tariffs. So in other words, the import duty they levy on, you know, exports to South Korea or India or someplace like that, right? And that, the real issue, supposedly, is non tariff barriers. For instance, you know, some governments require you that all procurement by government agencies has to be sourced from a domestic supplier, which automatically shuts out us suppliers who might want that business. Well, the problem is we're the biggest violator of the non tariff barrier in that area. In other words, we have something like $900 billion worth of state, federal and local procurement that's under Buy America policies, which means EU, Mexico, Canada, China, none of them can compete. Now I mention that only as one example, because it's the kind of classic non tariff barrier, as opposed to import duty that some people point to, or they point to the fact that while foreign countries allegedly manipulate their currency, but you know the answer to that is that number one, overwhelming, no doubt about it, largest currency manipulator in the world, is the Federal Reserve. Okay, so it's kind of hard to say that there's a unfair trade problem in the world because of currency manipulation. And then there is, you know, an argument. Well, foreign governments subsidize their exporters. They subsidize their industrial companies, and therefore they can sell things cheaper. And therefore that's another example of unfair trade, but the biggest subsidizer of tech industry, and of a lot of other basic industry in the United States is is the Defense Department. You know, we have a trillion dollar defense budget, and we put massive amounts of dollars in, not only to buying, you know, hardware and weapons and so forth, but huge amounts of R and D that go into developing cutting edge technologies that have a lot of civilian applications that, in fact, we see all over the world. That's why we're doing this broadcast right now. The point is that problem is not high tariffs because they're only low tariffs. The problem is not unfair trade, because there's all kinds of minor little interferences with pure free markets, but both, everybody violates those one way or another due to domestic politics. But it's not a big deal. It doesn't make that big a difference. So therefore, why do we have a trillion dollar trade deficit in the most recent year, and a trade deficit of that magnitude that's been pretty continuous since the 1970s the answer is three or four blocks from the White House, not 10,000 miles away in Beijing or Tokyo. The answer is the Federal Reserve has in the ELLs building there in DC, not far from the White House. Yes, yes, right there, okay, the Eccles building the Fed has a huge, persistent pro inflation bias, sure. And as a result of that, it is pushed the wage levels and the price levels and the cost levels of the US economy steadily higher, and therefore we've become less and less competitive with practically everybody, but certainly a lower wage countries nearby, like Mexico or China, far away. And you know, there's, it's not that simple of just labor costs and wages, because, after all, if you source from China, you've got to ship things 10,000 miles. You've got supply chain management issues, you've got quality control issues, you've got timeliness issues. You have inventory carry costs, because there's a huge pipeline, and of course, you have the actual freight cost of bringing all those containers over. But nevertheless, when you factor all that in, our trade problem is our costs are too high, and that is a function of the pro inflation policies of the Fed. Give one example. Go back just to the period when the economy was beginning to recover, right after the great recession. And you know the crisis of 208209 and I started 210 unit labor costs in manufacturing in the United States. Just from 210 that's only 15 years, are up 55% that's unit labor costs. In other words, if you take wage costs and you subtract productivity growth in that 15 year period, the net wage costs less productivity growth, which is what economists call unit labor costs, are up 53% and as a result of that, we started, you know, maybe with a $15 wage difference between the United States and.China back in the late 1990s that wage gap today is $30 in other words, the fully loaded way at cost of average wages in the United States. And I'm talking about not just the pay envelope, but also the payroll taxes, the you know, charge for pension expense, health care and so forth. The whole fully loaded cost to an employer is about $40 an hour, and it's about $10 in the United States and it's about $10 an hour in China. Now that's the reason why we have a huge trade deficit with China, because of the massive cost difference, and it's not because anybody's cheating. Is because the Fed, in its wisdom, decided, well, you know, everybody will be okay. We're going to inflate the economy at 2% a year. That's their target. It's not like, well, we're trying to get low inflation or zero inflation, but we're not quite making it. No, they're proactive. Answer is, we've got to have 2% or the economy is not going to work. Well, well, 2% sounds well, that's a trivial little number. However, when you do it year after year, decade after decade, for a long period of time, and the other side is not inflating at the same rate, then in dollar terms, you have a problem, and that's where we are today. So this is important to understand, because it means the heart of the whole Trump economic policy, which is trying to bring manufacturing home, trying to bring industry back to the United States, a laudable objective is based on a false diagnosis of why this happened, and it is unleashed ball in the china shop, disruption of global economic flows in relationships that are going to cause unmitigated problems, even disaster in the US economy. Because it's too subtle, when you think about it, the world trade system just goods. Now, we've not even talking about services yet, or capital flows or financing on a short term basis. The World Trade in goods, merchandise, goods only is now 33 trillion. That is a hell of a lot of activity of parts and pieces and raw materials and finished products flowing in. You know, impossible to imagine directions back and forth between dozens and dozens of major economies and hundreds overall. And when you start, you step into that, not with a tiny little increase in the tariff. To give somebody a message. You know, if our tariffs are averaging 4% that's what I gave you a little while ago. And you raise tariffs to 20% maybe that's a message. But Trump didn't do that. He raised the tariff on China to 145% in other words, let's just take one example of a practical product, almost all the small appliances that you can find in Target or even a higher end retail stores United States or on Amazon are sourced in China because of this cost differential. I've been talking about this huge wage differential. So over the last 20, 25, years, little it went there now 80% of all small appliances are now sourced in China, and one, you know, good example would be a microwave oven, and a standard one with not a lot of fancy bells and whistles, is $100 now, when you put 145% tariff on the $100 landed microwave oven is now $245 someone's going to say, Gee, are we going to be able to sell microwaves at $245 they're not certain. I'm talking about a US importer. I'm talking about someone who sells microwaves on Amazon, for instance, or the buyers at Walmart or Target, or the rest of them, they're going to say, wait a minute, maybe we ought to hold off our orders until we see how this is going to shake out. And Trump says he's going to be negotiating, which is another whole issue that we'll get into. It's a lot of baloney. He has no idea what he's doing. Let's just face the facts about this. So if orders are suddenly cut back, and the flow that goes on day in and day out across the Pacific into the big ports in Long Beach in Los Angeles is suddenly disrupted, not in a small way, but in a big way, by 20, 30, 40, 50% six or seven months down the road, we're going to have empty shelves. We're going to have empty warehouses. We're going to have sellers who suddenly realize there's such a scarcity of products that have been hit by this blunderbuss of tariffs that we can double our price and get away with it.   Keith Weinhold  25:00   Okay, sure. I mean, ports are designed. Ports are set up for stadium flows, not for surges, and then walls and activity. That just really doesn't work.   David Stockman  25:08   And let me just get in that, because you're on a good point. In other words, there is a complicated supply line, supply chain, where, you know, stuff is handed off, one hand to another, ports in China, shipping companies, ports here, rail distribution systems, regional warehouses of you know, people like Walmart and so forth, that whole supply chain is going to be hit with a shock. Everything is going to be uncertain in terms of the formulas that everybody uses right now, you know that you sell 100 units a week, so you got to replace them at the sales rate, and you put your orders in, and know that it takes six weeks to get here, and all this other stuff, all of the common knowledge that's in the supply chain that makes it work, and the handoffs smooth and efficient From one player in the supply chain to the next, it's all going to be disrupted. But the one thing we're going to have is we're going to have shortages, we're going to have empty shelves, and we're going to have price which I'm sure that Trump is not going to start saying price gouging of a you know, right? But that's not price gouging. If you have a you know, go to Florida. We have a hurricane. Where we live in Florida and New York, we have a hurricane. All of a sudden the shelves are empty and there's no goods around, because everybody's been stocking up getting ready for the storm. And then all of a sudden, the politicians are yelling that somebody's price gouging, because they raised their prices in a market that was in disequilibrium. Well, that's not price gouging. That's supply and demand trying to find a new balance basic economics. You know, when the demand is 100 and the supply is 35 okay, but I'm kind of getting ahead here, but I think there's very good likelihood that there's going to be a human cry right before, you know, maybe in the fall or right before Christmas, about price gouging and Trump then saying, Well, I was elected to bring prices down and bring inflation under control. It's out of control because all of these foreigners raised their prices. And no, they did, and it was the tariff that did it, and all the people in the supply chain are trying to take advantage of the temporary disruptions. So I think people have to understand, and I can't say this, and I don't like to say it, because I certainly didn't think the other candidate in the last election had anything to offer in terms of dealing with our serious economic problems in this country. I'm talking about Harris. But the fact is, Donald Trump has had a wrong idea for the last 40 to 50 years of his adult life. In that core idea is that trade deficits are a sign of the other side cheating. They're a sign that you're being exploited or taken advantage of or ripped off, or it's not at all okay. Trade deficits are a consequence of cost differences between different jurisdictions, and to the extent that we've artificially, unnecessarily inflated our costs. We need to fix the problem at the source. He ought to clean house at the Federal Reserve. But the problem is, Trump wants lower interest rates when, in fact, the low interest rates created all the inflation that led to our loss of competitiveness and the huge trade deficits we have today. So to summarize, it is important to understand, do not have faith in Trump's promise that we're going to have a golden age of economic prosperity. We are going to have a economic disaster, and it's a unforced error. It's self inflicted, and it's the result of the wrong fundamental idea of one guy who's in the oval office right now throwing his considerable weight around and pushing the economy into upheaval that really is totally unnecessary. He should have done what he was elected to do, and Matt's work on getting production up and costs down, that's not going to be solved with tariffs. David, I have another important point to bring up. But before we do just quickly, are those two to 4% tariffs you mentioned earlier. Those are the tariff levels pre Trump second term correct.    We could clarify that those are for the year 2023 that was the latest full year data that we have with great deal of granularity.    Keith Weinhold  29:56   The point I want to bring up is there any history? That tariffs actually work. Some people cite the Smoot Hawley Tariff Act from the 1930s and that it drove us deeper into the Great Depression. And David, on the one hand, when we think about, do tariffs actually work? If Indonesia can make shoes for us for $11 why would we want to onshore an activity like that? That is a good deal for us. And then, on the other hand, you have someone like Nvidia, the world's leading semiconductor company, they announced plans to produce some of their AI supercomputers entirely on American soil for the first time recently. And you have some other companies that have made similar announcements. So that's a small shred of evidence that tariffs could work. But my question is, historically, do tariffs actually work?    David Stockman  30:44   That's a great question, and there's a huge history. And you can go back all the way the 19th century, where Donald Trump seems to be preoccupied, but what he fails to recognize is that they worked in the 19th century because they were revenue tariffs. It wasn't an effort to, like, bring jobs back to America. We were booming at the time. Jobs were coming to America, not leaving, and it was the federal government's main source of revenue. Because, as you know, prior to 1913 there was no income tax, right? So that was one thing. Okay, then when we got into the 20th century and host World War Two, it became obvious to people that the whole idea of comparative advantage, going all the way back to Adam Smith, and that enhanced a global trade where people could specialize in whatever their more competitive advantage is, was a Good thing. And so we had round after round of negotiations after World War Two that reduced tariff levels steadily, year by year, decade by decade. So by the time we got to the 1990s when China, then, you know, arose from the disaster of Mao and Mr. Dang took over and created all the export factories and said, It's glorious to be rich and all these things is we got red capitalism. But if we start in the 1990s the average tariff worldwide, now this is weighted average on all goods that are bought and sold or imported and exported, was about 9% and there were have been various free trade deals done since then. For instance, we had NAFTA, and the tariffs on Mexico and Canada and the United States went to zero. We had a free trade deal in 212 with South Korea. This never comes up, but the tariff on South Korean goods coming the US is zero. The tariff on us, exports going to South Korea is zero because we have a free trade agreement, and it's worked out pretty well with South Korea. Now we're not the only ones doing this. Countries all over the world. The EU is a total free trade zone in economy almost as big as the United States that used to have tariff levels between countries. Now it's one big free trade zone. So if you take the entire world economy, that 9% weighted average tariff of the early 90s, which was down from maybe 2025, 30, pre World War Two in this Smoot Hawley era, was down to 2.25% by the time that Donald Trump took office, the first time around in 2017 now 2.25% is really a rounding error. It's hardly when you have $33 trillion worth of goods moving around, you know, container ships and bulk carriers and so forth all around the world, and air freight and the rest of it, rail. 2% tariff is not any kind of big deal, as I say in some of the things I write, it's not a hill of beans. So somehow, though 45 years ago, Trump got the idea that tariffs were causing a problem and that we had trade deficits, not because our costs were going up owing to bad monetary policy, but because the other guy was cheating. Remember, this is Trump's whole view of the world. It's a zero sum game. I win, you lose, and if I'm not winning, is because you're cheating. Okay? In other words, I'm inherently going to win. America's inherently going to win unless the other guy is cheating. Now, Trump sees the world the same way that I think he looked at electrical and plumbing contractors in the Bronx, you know, in the 1980s and 1990s when he was developing his various Real Estate projects. These are pretty rough and tumble guys. It's a wild, easy way to make a living. So there's a lot of, you know, there's a lot of pretty rough baseball that's played that mentality that the other guy is always trying to screw me, the other guy's always cheating, the other guy's preventing me from winning, is, is his basic mentality. And it's not Applicable. It's not useful at all to try to understand the global economy. Try to understand why America's $29 trillion economy is not chugging along as strongly and as productively as it should be, why real wages are not making the gains that workers should be experiencing and so forth. So he ought to get out of this whole trade, tariff trade war thing, which he started, I don't know how he does, it's a little late, and focus on the problems on the home front. In other words, our trade problem has been caused by too much spending, too much borrowing, too much money printing on the banks of the Potomac. It's not basically caused in Beijing or Tokyo or Seoul or even Brussels, the European Union. And we need to get back to the basic and the real culprit, which is the Federal Reserve and its current chairman, Paul, if he wants to attack somebody, go after the Fed. Go after Paul. But ought to give them a mandate to bring inflation to zero and to stop fooling around with everything else and to stop monetizing the public debt that is buying government debt, take care of your own backyard first before you start taking, yeah, sure, yeah, exactly. You know, I've been in this for a long time. I start, as I said, I started on Capitol Hill. There have been a lot of protectionist politicians, but they always argued free trade is good, but it has to be fair trade. And you know, we have this example in our steel industry, for instance, where we producers abroad are competing unfairly for one reason or another. But the point I'm getting to is they always said this is an exceptional case. Normally we would go for free trade, but we got to have protection here. We got to have a temporary quota. Even when I was in the Reagan administration, we had a big argument about voluntary quotas on Japanese car exports, and I was totally against it. I thought the US industry needed to get its act together, get its costs down. Needed to get the UAW under control, because it had pushed wages, you know, way, way, way too high terms of total cost. But they argued, yeah, well, you're right, but we have to have 10 years in order to allow things to be improved and adjusted and catch up. So this is only temporary. This is just this. Yes, this is protectionism, but it's temporary. It's expedient that we can avoid and so therefore we'll make an exception. But there is no one, and most of these people were, you know, in the payroll of the unions, or they were congressmen from south to South Carolina going to bad for the textile industry, or congressman from Ohio going to bat for the steel industry, whatever, but there was no one who ever came along and said tariffs are big, beautiful things, and we need to have permanent high tariffs, because that's the way we're going to get prosperity back in United States. It's a dumb idea. It's wrong. It's disproven by history and people. Even though Trump has done a lot of things that I like you know, he's got rid of dei he's got rid of all of this green energy, climate crisis nonsense, all of that that he's done is to the good when you come to this basic question, how do we get prosperity in America? The answer is, through free market capitalism, by getting the government out of the way, by balancing the budget and by telling the Fed not to, you know, inflate the economy to the disadvantage that it has today. That's how you get there. And Trump is not a real Republican. Trump is basically what I call a status. He's for big government, right wing status. Okay, there's left wing, Marxist status, then there's right wing status. But you know, all of this tariff business is going to create so much corruption that it's almost impossible to imagine, because every day there's someone down there, right now, I can guarantee it at the, you know, treasury department or at Commerce department saying, but we got special circumstances here in terms of the parts that we're making for aircraft that get assembled in South Korea or something, and we need special relief. Yes, every industry you're doing is putting in for everybody's going to be there the lobby. This is the greatest dream that the Washington lobbyist community ever had. Trump is literally saying he put this reciprocal tariff. You saw the whole schedule. That he had on that easel in the White House on April 2, immigration day. It was called Liberation Day. I called it Demolition Derby Day. There was a reciprocal tariff for every single country in the world based on a phony formula that said, if we have $100 million deficit with somebody, half of that was caused by cheating. So we're going to put a tariff in place closes half of the difference. I mean, just nonsense, Schoolboy idiocy. Now it is. I mean, I know everybody said, Oh, isn't it great? We've finally got rid of the bad guys, Biden, he's terrible, and the Democrats, I agree with all that, but we replaced one set of numb skulls with another set. Unfortunately, Republicans know better, but they're so intimidated, apparently buffaloed by Trump at the moment, that they're going along with this. But they know you don't put 145%tariff on anything. I mean, it's just nuts. David, I feel like you're telling us what you really think and absolutely love that.    Keith Weinhold  41:04   Interestingly, there is a Ronald Reagan clip about tariffs out there in a speech that he gave from Camp David, and it's something that's really had new life lately. In fact, we played the audio of that clip before you came onto the show today, Reagan said that he didn't like tariffs and that they hurt every American worker and consumer as Reagan's economic advisor in the White House. Did you advise him on that?    David Stockman  41:27   Yes, I did. And also I can give you a little anecdote that I think people will find interesting. Yeah, the one time that he deviated in a big way from his free trade commitments was when he put the voluntary export quota on the Japanese auto industry. That was big. I don't remember the exact number, but I think it said they couldn't export more than 1.2 million cars a year, or something like that the United States. And the number was supposed to adjust over time, but we had huge debates in the Cabinet Room about those things, and at the end of the day, here's what he said. He said, You know, I've always been for open trade, free trade. I've always felt it has to be fair trade. But, you know, in this case, the Japanese industry came to us and asked for voluntary quotas, so I didn't put up a trade barrier. I'm only accommodating their request. Well, the Japanese did come to him and ask. They did, but only when they were put up to it by the protectionists in the Reagan administration who, on this took them on the side, you know, their negotiators and maybe their foreign minister. I can't remember exactly who commerce secretary and said, If you don't ask for voluntary quotas, we're going to unleash Capitol Hill and you're going to get a real nasty wall put up against your car. So what will it be? Do you want to front for voluntary quotas? Are we going to unleash Congress? So they came to Reagan and said they were the Japanese industry said they're recommending that he impose voluntary restraints on auto exports. That was just a ruse. He wasn't naive, but he believed what you told him. He believed that everybody was honest like he was, and so he didn't understand that the Japanese industry that was brought to meet with him in the Oval Office had been put up to, it been threatened with, you know, something far worse, mandatory quote is imposed by Congress. But anyway, it's a little anecdote. What happened? On the other hand, he continued to articulate the case for small government sound money. We had deficit problems, but he always wanted a balanced budget. It was just hard to get there politically. And he believed that capitalism produces prosperity if you let capitalism work and keep the government out of the marketplace. And there is no bigger form of intervention and meddling and disruption in the capitalist system, in the free market, in the marketplace, than quotas on every product in every country at different levels. They're going to have 150 different countries negotiating bilaterally deals with the United States. That's the first thing that's ridiculous. They can't happen. The second thing is they're going to come up with deals that don't amount to a hill of beans, but they'll say, we have a deal. The White House will claim victory. Let me just give one example. As we know, one of the big things that Trump did in the first administration was he renegotiated NAFTA. And NAFTA was the free trade agreement between Mexico, Canada, United States. Before he started in 2017 the trade deficit of the US with Mexico and Canada combined with 65 billion. And he said, That's too big, and we got to fix NAFTA. We have got to rebalance the provisions so that the US comes out, not on the short end of the stick 65 billion. So they negotiated for about a year and a half, they announced a new deal, which he then renamed the United States, Mexico, Canada agreement, usmca, and, you know, made a big noise about it, but it was the same deal with the new name. They didn't change more than 2% of the underlying machinery and structure, semantics. Well now, so now we fast forward to 2024 so the usmca Trump's pride and joy, his the kind of deal that he says he's going to seek with every country in the world is now four years into effect. And what is the trade deficit with Canada and Mexico today, it's 230 5 billion okay? It's four times higher now than it was then when he put it in place. Why? Because we have a huge trade deficit with Mexico. Why because, you know, average wages there are less than $10 an hour, and they're $40 an hour here. That's why it has nothing to do with a bad trade deal. It has to do with cost differences.    Keith Weinhold  46:27   David, this has been great, and as we're winding down here, we have a lot of real estate investor listeners tell us what this administration's overall policies, not just tariffs, but overall policies, mean for future employment, and then tell us about your highly regarded contra corner newsletter.    David Stockman  46:45   Well, those are that's a big question. I think it doesn't mean good, because if they were really trying to get America back on track our economy, they would be fighting inflation tooth and nail to get it down to zero. They would be working day and night to implement what Musk came up with in the doge that is big spending cuts and balancing the budget. They're not doing that. They're letting all these announcements being made, but they're not actually cutting any spending. They would not be attempting to impose this huge apparatus of tariffs on the US economy, but they're not doing that. So I'm not confident we were going in the wrong direction under Biden, for sure, and we're going in an even worse direction right now under Trump. So that's the first thing. The second thing is, I put out a daily newsletter called David stockman's Country corner. You can yes signers on the internet, but this is what we write about every day, and I say A plague on both their houses, the Democrats, the Republicans. They're all, in many ways, just trying to justify government meddling, government spending, government borrowing, government money printing, when we would do a lot better if we went in the opposite direction, sound money, balanced budgets, free markets and so forth, so. And in the process, I'm not partisan. You know, I was a Republican congressman. I was a budget director of the Reagan administration. I have been more on the Republican side, obviously, over my career than the Democrats, but now I realize that both parties are part of the problem, and I call it the uni party when push comes to shove, the uni party has basically been for a lot of wars abroad and a lot of debt at home, and a lot of meddling in the economy That was unnecessary. So if you look at what I write every day, it tries to help people see through the pretenses and the errors of the unit party, Democrats and Republicans. And in the present time, I have to focus on Trump, because Trump is making all the noise.    Keith Weinhold  48:59   100% Yes, it sure has kept life and the news cycle exciting, whether someone likes that news or not. Well, David, this has been great. In fact, it sounds a lot like what Reagan might have told me, perhaps because you were a chief economic informant for him, smaller government, letting the free trade flow and lower inflation. Be sure to check out David stockman's contra corner newsletter if you like what we've been talking about today, just like it was last year, David, it's been a real pleasure having you on GRE today.    David Stockman  49:30   Well, thank you very much. And these are important issues, and we've got to stay on top of them.   Keith Weinhold  49:41   Oh, yeah. Well, David Stockman truly no mincing words. He doesn't like tariffs. In summary, telling GRE listeners that the problem with trade imbalances is inflation attack that instead quell inflation, don't impose tariffs. A lot of developing nations and China have distinct advantages over manufacturing in the United States, besides having the trained labor and all the factories and systems in place, think about how many of these nations have built in lower costs they don't have to deal with these regulatory agencies, no EPA, no OSHA, and not even a minimum wage law to have to comply with. And here in the US get this, 80% of American workers agree that the US would benefit from more manufacturing jobs, but almost 75% disagree that they would personally be better off working in a factory themselves. That's according to a joint Cato Institute in YouGov survey. It's sort of like how last century, Americans lamented the demise of the family farm, yeah, but yet, they sure didn't want to work on a farm themselves. Now there are some types of manufacturing, like perhaps pharmaceuticals or computer chips that could likely be onshore, because those items are high value items. Their value can exceed the cost of being produced in the USA, but a lot of these factory goods, not again. If these topics interest you do a search for David stockman's contra corner, or you can directly visit David stockman's contra corner.com. Big thanks to the father of Reaganomics, David Stockman on the show this week. As for next week, we're back more toward the center of real estate investing. Until then, I'm your host. Keith Weinhold, don't quit your Daydream. Y   Unknown Speaker  51:42   nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC   Keith Weinhold  52:02   You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access and it's got paywalls and pop ups and push notifications and cookies disclaimers, it's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long. My letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called The Don't quit your Daydream. Letter, it wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text GRE to 66866, while it's on your mind, take a moment to do it right now. Text GRE to 66866   The preceding program was brought to you by your home for wealth, building, getricheducation.com.  

In this episode, Mosh sits down with Chris Whipple, author of the new book ⁠Uncharted: How Trump Beat Biden, Harris, and the Odds in the Wildest Campaign in History⁠ for a behind-the-scenes look at the tight-lipped four years of the Biden Administration. Whipple interviewed several former White House staffers–including Biden's former Chief of Staff, Ron Klain–about Biden's decline before and during his presidency, and what he calls a “fog of delusion and denial” in the President's inner circle leading into the 2024 campaign.  He takes us inside Camp David for the prep before his disastrous June 27 debate, and the chaos in the Democratic party during the three weeks after the debate until Biden's decision to drop out. It's also a story of personalities in Washington: the complicated relationship between Biden and Barack Obama, why Kamala Harris' loyalty may have contributed to her failed campaign, and why President Trump's Chief of Staff, Susie Wiles, might have a better handle on him than anyone who held the role in his first term.

In 1976, as America struggled to recover from the twin traumas of the Watergate scandal and the war in Vietnam, an unlikely figure emerged from the Georgia countryside promising to bring integrity back to the White House. Jimmy Carter was a drawling peanut farmer and former Navy man, whose plain-spoken message resonated with American voters. His election win marked a seismic shift in American politics. Carter became the first Deep South president since the Civil War, and he quickly pursued controversial actions: granting amnesty to conscientious objectors to the Vietnam War and pushing to give the Panama Canal back to Panama. He then set his sights on bringing peace to the Middle East with a series of risky talks at Camp David. But a lingering energy crisis would shadow his first year in office.Be the first to know about Wondery's newest podcasts, curated recommendations, and more! Sign up now at https://wondery.fm/wonderynewsletterListen to American History Tellers on the Wondery App or wherever you get your podcasts. Experience all episodes ad-free and be the first to binge the newest season. Unlock exclusive early access by joining Wondery+ in the Wondery App, Apple Podcasts or Spotify. Start your free trial today by visiting wondery.com/links/american-history-tellers/ now.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.