A Curious Relationship

Summary

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Armstrong & Getty On Demand

Episode: "A Curious Relationship"

Date: May 13, 2026
Hosts: Jack Armstrong & Joe Getty

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Episode Overview

In this wide-ranging episode, Armstrong and Getty tackle topical issues with their trademark mix of sharp wit, skepticism, and cultural commentary. Their conversations span inflation woes and political finger-pointing, controversial court rulings, the billionaire debate, LA's rat problem, AI anxieties among young people, and sensational stories about politicians and billionaires. With a consistently irreverent and conversational tone, the hosts offer both humor and thoughtful critique on the week's events.

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Key Topics & Insights

Inflation & Political Blame

[03:39 – 08:30]

• Rising Consumer Prices: The hosts review recent inflation statistics, noting significant increases in fuel oil, gasoline, airline fares, and rent.
  • “Fuel oil is up 54% year over year. Gasoline all types, 28.4%. Airline fares 21%. Fruits and veggies up 6%. Hospital services five and a half. Rent of primary residents up about 3%.” — Joe Getty [04:46]
• Media & Political Framing: They argue the media’s approach to inflation has shifted depending on who’s in office, and that both parties use the issue strategically.
  • “Inflation is theft by the government... cuts your pay and steals your savings. Exactly.” — Joe Getty [06:04]
• Voter Motivations: The conversation turns to “kitchen table” issues' power over elections, with the observation that economic discomfort drives many votes, often with little policy analysis.
  • “Elections may just probably do just get decided by the millions of people who go just with things are more expensive now, I’m voting for the other guy.” — Jack Armstrong [07:25]

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Virginia Redistricting Ruling & Political Hyperbole

[10:03 – 15:56]

• The Ruling: Virginia’s Supreme Court blocked a Democratic gerrymandering project, sparking Democratic backlash.
  • “And now you’ve got so many prominent Democrats out there saying this is worse than many of the court decisions in American history... They’re comparing to this and it’s just a lie.” — Jack Armstrong [12:17]
• Hyperbole & Dishonesty: Armstrong & Getty highlight the hypocrisy in political outrage, notably Democrats who demanded delay before the vote later complaining about judicial timing.
  • “The very same people who are telling the justices no... now are screaming that the justices should have interceded. The very same people. And the Internet lives forever. We have the receipts.” — Joe Getty [13:01]
• Dangerous Rhetoric: The hosts express concern about how exaggerated comparisons (e.g., to Jim Crow) can incite anger and even violence.
  • “If you think this is as bad as Jim Crow era laws, you can justify all kinds of things. I don’t know how we stop doing this.” — Jack Armstrong [14:30]

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LA’s Rat Problem & Restaurant Closures

[18:14 – 22:59]

• LA: Rattiest City in America: Armstrong reads from an LA Times article about high rates of restaurant closures due to vermin violations, including famous venues and schools.
  • “So LA is the rattiest city in America... and San Francisco’s number two.” — Jack Armstrong [18:44]
• Employee Malfeasance: Anecdotes of employees actively sabotaging workplaces with rats as protest.
• Restaurant Inspections: The discussion pivots to public hygiene reporting and practical (sometimes comical) staff training suggestions.
  • “If you see a rat, say something. Good God.” — Joe Getty [21:29]
  • “That’s almost like saying wear pants to work.” — Jack Armstrong [21:42]
• Public Perception: Hosts personally express little worry over eating out but admit unclean practices are off-putting.

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AI Backlash Among Young People

[27:05 – 28:55]

• College Grads Boo AI: The hosts play a clip of a commencement speaker mentioning AI, met with boos from the audience.
  • “She mentions AI and everybody boos.” — Jack Armstrong [28:06]
• Fear & Uncertainty: They speculate that young people see AI as a threat to white-collar job prospects.
  • “If I’m a young college graduation... I’m thinking AI is gonna screw me. Oh my God.” — Joe Getty [27:52]
• Political Implications: The distaste for AI across age groups could spur movements for regulation.

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The Billionaire Debate: Are All Rich People Villains?

[28:55 – 33:00]

• Robert Reich’s "Five Ways to Be a Billionaire": Quoting Reich’s assertion that all billionaires gain wealth via monopoly, insider trading, political payoffs, fraud, or inheritance.
  • “He doesn’t believe you can become a billionaire without stealing it.” — Jack Armstrong [32:30]
• Pushing Back: Armstrong cites evidence that most billionaires start companies; Getty argues leftist academics either “lie a lot” or believe their ideology.
  • “It is a 1 inch putt. Trying to convince people who are envious to believe in the politics of envy. It’s the easiest thing in the world.” — Joe Getty [32:34]
• American Attitudes: Concern that “admiration for achievement” is being replaced with resentment and division.

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Sensational Billionaire & Political Grifter Stories

[33:02 – 36:20]

• Eric Swalwell & Stephen Klubeck: A recap of Swalwell living with donor Klubeck, who also faced personal turmoil due to a deceitful fiancée implicated in fraud.
  • Memorable audio:
    “No, I was blown away... You don’t bust the trust.” — Stephen Klubeck (via clip), played and quoted multiple times [33:34, 35:55]
• Bizarre Relationships: Both hosts poke fun at the “curious relationship” between billionaires and politicians, likening it to “Hunter Biden” scenarios.

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Notable Quotes & Humor

• On Political Hypocrisy:
  “This is why, if you are willing to torch our beloved republic for momentary gain for your state legislature, I don’t know that the Republican endure.” — Joe Getty [13:36]
• On Restaurant Cleanliness:
  “If you’re kind of a fancy restaurant, wouldn’t you think that the people you hired, that’s an understood... like saying wear pants to work?” — Jack Armstrong [21:42]
• On Politics & Envy:
  “For most of our history, we admired those who came up with great ideas and became wealthy.” — Joe Getty [33:00]

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Other Major Segments

Alec Murdoch’s Murder Convictions Overturned

[37:51 – 41:32]

• The state's top court reversed convictions due to jury interference (not innocence), but Murdoch remains imprisoned for financial crimes.
  • “But nobody thinks he didn’t do it. Do they?” — Jack Armstrong [39:42]
  • “No, not really. No. No, he’s guilty as hell.” — Joe Getty [39:46]

Trump’s China Visit & Family Optics

[43:40 – 49:00]

• Trump’s elaborate airport arrival in Beijing is recounted, with discussions about his family and associates in tow.
  • “Trump greeted the crowd with his signature fist bumps. I gotta believe he loves this sort of stuff.” — Jack Armstrong [46:01]
• Speculation about future U.S.–China relations, Taiwan, and the optics of Trump’s entourage.

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Timestamps for Important Segments

• [03:39] – Inflation discussion and political implications
• [10:03] – Outrage over Virginia redistricting ruling
• [18:14] – LA’s rat problem and restaurant closures
• [27:05] – AI backlash among young people
• [28:55] – Billionaire ‘villainy’ debate; Robert Reich commentary
• [33:02] – Swalwell & Klubeck scandal
• [37:51] – Alec Murdoch case update
• [43:40] – Trump visits China; political and family optics

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Tone & Style

• Conversational, irreverent, and skeptical
• Frequent use of sarcasm and dry humor
• Critical of hyperbole, dishonesty, and hypocrisy in both major parties
• Pop culture and personal anecdotes interwoven with political analysis

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Conclusion

“A Curious Relationship” offers listeners a rapid-fire, satirical, and insightful take on American politics, policy, scandals, and cultural anxieties. Armstrong & Getty give context, express strong opinions, and never pass up an opportunity for a joke—making for a fast-paced, engaging listen that weaves together the personal and the political.

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Transcript

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broadcasting live from the

[Jack Armstrong]

Abraham Lincoln radio studio at the George

[Joe Getty]

Washington Broadcast Center, Jack Armstrong and Joe Getty.

[Jack Armstrong]

Armstrong and Getty. And now here's Armstrong and Getty. And so a Texas man accused of

[Joe Getty]

swallowing diamonds he stole from Tiffany's has decided to represent himself in court, but said he should be able to afford a lawyer once the prunes kick in.

[Jack Armstrong]

And boy, we did that.

[Joe Getty]

I didn't hate it.

[Jack Armstrong]

No. We did that story the other day and it's a, it's a pretty good story.

[Joe Getty]

Oh boy.

[Jack Armstrong]

The most interesting part being they found two rings, also two earrings. Two earrings that he said he never stole.

[Joe Getty]

Well, that were unconnected to the other eyes. So does the guy just like eating jewelry?

[Jack Armstrong]

Who knows what's going on there? What was the thing I wanted to get to later? I don't even remember. There's a number of things I want to get to later. I am looking up at the television and consumer inflation is what they're talking about on cbs. Inflation is up as we talked about yesterday. And it might be the only story the whole summer long if the war continues.

[Joe Getty]

Right? Yeah. That among other factors. And most economists, including ones that are not Trump deranged, are saying, yeah, the tariffs really are starting to be a fuel for inflation. You may have heard the latest numbers were an annualized basis, 3.8% inflation, which is almost double the Fed's target. We're usually amused by these stories. Last month consumer prices rose at their fastest rate since 2023 a couple of years ago.

[Jack Armstrong]

Who cares? But the reason those matter more is we were still, you know, we're still in that whole Covid hangover thing.

[Joe Getty]

And the Biden administration was pumping trillions of dollars into the economy. Yes. Yeah. So fuel oil is up 54% year over year. Gasoline all types, 28.4%. Airline fares 20 21%. Fruits and veggies up 6%. Hospital services five and a half. Rent of primary residents up about 3%. Then you get into smaller numbers. Obviously the only thing down appears to be used cars and trucks. And that's surprising.

[Jack Armstrong]

You combine the fact that inflation is a big story and everybody talks about it and we all hate it with the media's love of blaming Trump for this, this is gonna be the dominant story.

[Joe Getty]

Yes. Yeah, yeah. It's funny, they didn't have nearly as much interest in this a few years ago. I wonder what happened. The only thing that. Well, there's a hell of a lot that bothers me about inflation. If you've ever heard my inflation is theft by the government rant, you know. Well, I don't need to repeat it. Inflation to make their debt that they've accumulated to spread out the money to their cronies and by votes make the

[Jack Armstrong]

debt less expensive which also makes your savings 401k everything you've got less valuable,

[Joe Getty]

cuts your pay and steals your savings. Exactly.

[Jack Armstrong]

Which is just horrifying.

[Joe Getty]

Anyway, that was a rather long parenthetical thought. Here's what really bothered me was investors in U.S. treasury bonds, the regular kind and TIPS. They're called Treasury Inflation Protected securities or TIPS. There's a difference in the rate between them and I'm not gonna get into it, but it's known the gap between those two is known as the break even rate. It recently hit its highest level since October of 22, suggesting that investors expect annual inflation to average around 2.7% over the next five years. It's not awful, but it's a little high and will put pressure on the Fed not to lower rates. So that's what the smart money on Wall street is thinking. You know that they're wrong sometimes but it's not great.

[Jack Armstrong]

At whole and so I was thinking about this yesterday and seeing some of the polling way people feel about Trump's handling of the economy. New number out today, I think NBC poll. He's at 30%. He's going to be in the 20s soon on that whole thing. Talk radio hosts, political science professors, pundits all over the freaking place writing long complicated columns about politicians and races and policies and how you handled this debate or this whatever all these complicated issues when elections may just probably do just get decided by the millions of people who go just with things are more expensive now I'm voting for the other guy without any more thought than that.

[Joe Getty]

Right. Right. Even if the other guy is advocating policies that'll they don't cause more about that.

[Jack Armstrong]

They don't think about that it's there. There are enough people that vote on just things are too expensive right now or I'm afraid of whatever could be afraid of foreign country Covid or inflation. Yeah. Without any more knowledge those millions of people sway the elections back and forth and all of us talk about it in really complicated terms and it's not complicated, it's just things. I thought things were going to be cheaper. They're not. I'm voting for the other guy.

[Joe Getty]

Here's a shiny object.

[Jack Armstrong]

Whoop, whoop.

[Joe Getty]

Shiny object. Here's a shiny object. I like shiny object. Click, cast the vote.

[Jack Armstrong]

Well, inflation's not a shiny object. It's a real damn problem, right?

[Joe Getty]

Yeah. But if you don't.

[Jack Armstrong]

And this.

[Joe Getty]

I'd love one of those man on the street interview Internet guys to do this. Should people who don't know anything about government policy vote? Because if you're, well, inflation's high. I'm going to vote for the other side. And their policies again are even worse. I mean, that's just a ridiculous vote. But it could be argued that, well, the side that got voted out gets the message and when they do regain power, they'll not make the same mistake again. Suppose you could argue that.

[Jack Armstrong]

That's what one, one would hope.

[Joe Getty]

I would argue that 250 years is a good run, but it's falling apart. Well, that reminds me.

[Jack Armstrong]

Oh, geez.

[Joe Getty]

At some point I want to squeeze this in because I know you want to talk about rats in la, but

[Jack Armstrong]

I do at some point.

[Joe Getty]

The elites who want to burn it down. Peter Berkowitz, whose work I don't think I know, talking about professors on the radical left and the radical right, folks who are super comfortable, bourgeois wealthy even, but they're constantly declaring there's a crisis that demands a revolution or a counter revolution. Upper class twits advocating revolution. Like Matt Taibbi said, it's super, super in fashion right now. Is it? Because we live in the age of hyperbole and that's the only way to bust through and get clicks and likes and stuff.

[Jack Armstrong]

I don't know. I wanted to talk a little bit about some of the things that people been saying about that redistricting ruling that came out of the Virginia Supreme Court.

[Joe Getty]

Yeah.

[Jack Armstrong]

Oh my God.

[Joe Getty]

Horrifying what they're saying about it. Yes. Yeah, agreed.

[Jack Armstrong]

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[Joe Getty]

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[Jack Armstrong]

much about this as we probably should have. So they tried to do a redistricting thing in Virginia similar to what they did in California or Texas to a certain extent. But it's just, just horrifying the way they were going to redraw the districts and cut out most of the Republicans who vote there.

[Joe Getty]

Just.

[Jack Armstrong]

No, nobody's in favor of that sort of thing. It polls very, very poorly.

[Joe Getty]

Right.

[Jack Armstrong]

Among it should all people. Yeah, this sort of gerrymandering is awful. Anyway, they did it there in Virginia. The voters voted to do that. And then the Virginia Supreme Court stepped in and said, no, that violates our state constitution. You're not allowed to do that.

[Joe Getty]

Right. The way you did that was wrong.

[Jack Armstrong]

And now you've got so many prominent Democrats out there saying this is worse than many of the court decisions in American history. You know, that, that, that, that allowed you to abuse slaves or kept black people from voting or just some of the, the worst stuff that's ever happened in our country's history. They're comparing to this and it's just a lie. It's just a flat out lie.

[Joe Getty]

The guy, the, the justice, the head justice who wrote the opinion was appointed by Mark Warner, the Democrat, when he was governor. This guy's like a moderate Democrat. And he said, no, you didn't follow the rules for amending the Constitution. This doesn't, this is not good. And the dishonesty is just so blatant. At some point there was conversation of the judges reviewing the constitutionality of the measure before the campaign and the Voting. And the Democrats said, no, no, no, you can't do that, don't do that. And they petitioned the judges to wait till after the vote. Well, after the vote. Then the judges said, all right, now we're gonna take a look at it. And now the Democrats are screaming, why didn't the judges tell us before the vote? The very same people. And the Internet lives forever. We have the receipts. The very same people who are telling the justices no, it would be improper for you to rule before the people are allowed to vote are now screaming that the justices should have interceded. It will fire people up, they will donate money, they will show up to vote. The fact that they are setting fire to their own Democrat dominated Supreme Court, they don't care. This is why, if you are willing to torch our beloved republic for momentary gain for your state legislature, I don't know that the Republican endure.

[Jack Armstrong]

Well, it was a 4, 3 ruling by the Virginia Supreme Court which is horrifying. It should not have been close at all because it was just flat out illegal to do what they did under their current Constitution. All of these various, I mean, some of your high rankings ranking people in the Democratic Party coming out and just saying this is racist and all these horrible things. My concern is not just that, you know, it's a good way to, to raise money, it's another justifies violence thing. If you think this is as bad as Jim Crow era laws, you can justify all kinds of things. I don't know how we stop doing this.

[Joe Getty]

Yeah, I don't know.

[Jack Armstrong]

Each side has to call out. The only way it ever stops is if, if you start calling out your own side and nobody's willing to do that yet anyway. If you had some prominent Democrat come out and say no, come on, that's ridiculous, this is not Jim Crow on steroids like Biden said about what went on in Georgia that one time or any of those things. We just. Nobody will call out their own side ever.

[Joe Getty]

No, I don't see it coming. But you know, sometimes these currents of a culture change and you don't see them coming. But I don't know what would change it at this point to suggest that the Trump Supreme Court so called, is an out of control fascist, blah blah, blah court that just rubber stamps Trump when the vast majority decisions are, you know, are 8 to 2, 9 to nothing, you know, whatever, 8 to 1. Rather people are willing to say anything to gain momentary political advantage, no matter the damage it does, including Trump. I don't know how we bounce back from this. Honestly.

[Jack Armstrong]

Excuse me waiter. I didn't ask for raisins on my salad.

[Joe Getty]

Oh, let me take that back.

[Jack Armstrong]

Those are not raisins. Oh, my whole bunch of restaurants in LA showed down for vermin violations among other things. We'll talk about Stay here Armstrong and Getty.

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[Jack Armstrong]

Spirit Airlines customers can now use their leftover loyalty points to buy pizza from Papa John's. God, that sentence kept getting sadder and sadder. And when Papa John's goes bankrupt next week, those points will transfer right over to Bed, Bath and Beyond. So I'm reading through this LA Times story. So LA is the rattiest city in America. I didn't realize that. And San Francisco's number two. And they say it's because of the warm climate and moist weather in California and spring, it's particularly bad for rats to repopulate. Fall in love.

[Joe Getty]

Right.

[Jack Armstrong]

Have little rat, get married and have a little rat babies.

[Joe Getty]

Yeah, get married first.

[Jack Armstrong]

And a really high number of restaurants got showed, shut down for at least 48 hours in the LA area last month.

[Joe Getty]

Girl, rats. Don't be lifting your tail for every handsome cheese chewer that comes along. All right? Have some self respect.

[Jack Armstrong]

So this one seems page six of the California Post reported that San Vicente Clubs. That's a fancy place. CEO Jess Wilner wrote an internal letter regarding a photo of a dead rat inside a sealed bowl in an employer locker room, which they said seemed like a deliberate malicious act to try to discredit the restaurant, which might have been some but so you got employees, you know that. What's that? Actively disengaging. We learned about that several years ago. If you've got an employee that's actively disengaging that that's what that person is who brings a rat in a Tupperware bowl to the restaurant to try to leave somewhere because they don't like working there anyway. In general it's just, it's rat droppings, cockroaches or flies and you get 48 hours to try to clean it up and show that he called a pest control company. And as I mentioned earlier is a whole bunch of different restaurants, including some fairly famous ones. Also the LA Zoo, some of the local schools and multiple 7 11s, which is disappointing to everyone. I particularly, I particularly like this during the time that your 48 hour closure when they come and say hey, we Found just way too many rat droppings. So you can't open for 48 hours now. Eight hours, and we'll come back. But during this time, owners and chefs are often recommended to hold training for staff, as well as consult a pest control service to identify potential rodent entry locations, recommend effective prevention strategies, and monitor for rodent activity. What's your training for your staff?

[Joe Getty]

Don't see a rat, say something.

[Jack Armstrong]

Yeah. Don't ignore rats.

[Joe Getty]

Don't bring any in. Wow.

[Jack Armstrong]

If you see a rat, say something. Good God.

[Joe Getty]

I think the training would be like 60 seconds long. Hey, if you see a rat or droppings or anything, or if a diner mentions it, come to me immediately.

[Jack Armstrong]

Okay?

[Joe Getty]

Immediately.

[Jack Armstrong]

If you're kind of a fancy restaurant, wouldn't you think that the people you hired, that's an understood. You know, isn't that almost like saying wear pants to work? I mean, just like the sort of thing you assume.

[Joe Getty]

I'm no Albert Einstein, but I was a busboy in a restaurant, and if I'd seen a rat running around, I'd have told the manager, wait a.

[Jack Armstrong]

Yelled, holy crap. You'd have told everybody.

[Joe Getty]

Well, right.

[Jack Armstrong]

Dantana's, which is a pretty famous restaurant, West Hollywood institution, closed April 15th through the 18th due to vermin infestation, unclean surfaces, and a number of other problems. Representatives for the restaurant could not be reached for comment. What are they going to say? Yeah, sorry about that.

[Joe Getty]

It was rattier than we wanted to. We weren't happy about it.

[Jack Armstrong]

And you can get access to this stuff. That's one of the main reasons I wanted to bring it up, is you. There are websites for all this sort of stuff, and if you want to see the specific restaurant.

[Joe Getty]

Yeah.

[Jack Armstrong]

And look up what they got, closed down for a couple of days and, you know, I don't worry about this sort of thing ever, really. I assume in America, most restaurants are pretty clean.

[Joe Getty]

Yeah, yeah, yeah, I would agree. I. I don't like it, obviously, but. Yeah, I don't. I don't wonder. As I walk in a restaurant, I wonder if they're infested with rats.

[Jack Armstrong]

Here, some closet where you keep the mops or something like that. You got a couple of mouse droppings, and I don't like it.

[Joe Getty]

But speaking of Cal Unicornia, the leading candidate for governor, Javier Becerra, is getting raked over the coals now for a pathetic interview he gave. Oh, Steve Hilton. Start measuring for drapes, and we may have the wackiest man in America identified. He was the toast of the show. For a cup of coffee a few weeks ago. Stay tuned.

[Jack Armstrong]

Wackiest man in America.

[Joe Getty]

That's quite a title.

[Jack Armstrong]

Okay, stick around.

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[e-mail] support for the show comes from Public, the investing platform for those who take it seriously. On Public, you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year, you can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Advisors, llc. SEC Registered Advisor. Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete Disclosures available at public.comDisclosures this week

[CJ Toledano]

on Point Game with me, CJ Toledano and Isaiah Thomas. It reacts to the Celtics losing Game 7 to the Sixers. Take a listen. You know what really the difference was Joel Embiid. Like that was tough and who expected that exactly. And they they didn't. They probably going into preparing for the Sixers, you didn't think Embiid was going to play. And then when he did play, you probably didn't think he was going to give you what he gave the the Sixers. So it was. I mean it was tough. Like you're up 3:1. You got to win that. Like no, there's no ands, if, buts or about it. You're up 3:1. You gotta find a way to win one more game to move on to the next round. This has been brought to you by DraftKings. The Crown is Yours Point Game with Isaiah Thomas and CJ Toledano releases new episodes every Tuesday on iHeartRadio or wherever you get your podcasts. And be sure to download the DraftKings sportsbook app now and use code Pointgame to claim your profit boost. That's code Pointgame to get a boost every day of the NBA playoffs in partnership with DraftKings. The Crown is yours gambling problem. Call 1-800- GAMBLER or 1-800-MY-SET NEW YORK Call 877-8-HOPENY or text hopeny Connecticut, call 888-789-7777 or visit ccpg.org on behalf of Boothill Casino in Kansas. Wager tax pass through may apply in Illinois 21 plus in most states. Void in Ontario. Restrictions apply. Bet must win to receive bonus bets which expire in seven days. Minimum odds required. For additional terms and responsible gaming resources, see DKNG Co Audio limited Time offer.

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[Joe Getty]

The rise of artificial intelligence is the next Industrial revolution.

[Commercial Voice]

Oh,

[Joe Getty]

What happened? Okay, I struck a chord. AI was not a factor in our lives.

[Jack Armstrong]

Wow, that is interesting. That's a commencement speaker, Central Florida University College or whatever. Anyway, mentioning AI and people booing. And then when she says it wasn't

[Joe Getty]

part of our lives. Good.

[Jack Armstrong]

Yay.

[Commercial Voice]

Yeah.

[Jack Armstrong]

Is that the the consensus feeling of young people?

[Joe Getty]

I think it's the feeling. It's the feeling, not necessarily the intellectual attitude. If I'm a young college graduation, I got a white collar on and I'm a, you know, I'm looking for one of them college grad jobs. I'm thinking AI is gonna screw me. Oh my God.

[Jack Armstrong]

Wow, that's interesting. I just assumed like every new technological thing, Internet, phone, TikTok, whatever, the young people love it, dig it. And she mentions AI and everybody boos.

[Joe Getty]

Yeah. Yeah, that's interesting. Which reminds me, we have some really interesting stories from the world of Education mostly college, but not exclusively including. Brace yourselves. Some good news coming up later, so stay with us.

[Jack Armstrong]

That could have some serious political implications. I mean if you have the older crowd hating on AI, I mean I'd love if it just never happened. I don't think there's any stopping it.

[Joe Getty]

Can I keep my chat bot?

[Jack Armstrong]

But if young people hate it too, you could get some sort of political movement for all kinds of regulation. Probably not that I think that would do any good.

[Joe Getty]

Yeah.

[Jack Armstrong]

Anyway, different story. Wanted to hit this. How did, how did this get started? Oh, AOC and others who have talked about how billionaires shouldn't exist and every billionaire cheated the world and all that sort of stuff has been. And the billionaire attacks in California, which is going to pass and end up being a by far a net loss for any state that starts punishing rich people almost immediately. Almost immediately. Anyway, I don't know if you know who Robert Reich is, 4 foot 11. So if you've seen him on TV, the really short guy and he was the secretary of labor under Bill Clinton, but he was an advisor for Barack Obama and Jimmy Carter. He's one of your lefty, lefty Trotsky intellectual economic people who's usually passed off on TV as mainstream. Though a Democrat, he's a professor at the University of California at Berkeley. Anyway, he put out this post yesterday about that whole billionaire thing because AOC had said any billionaire you know got it through it's ill gotten goods. He said there are basically five ways to accumulate a billion dollars. Here's guy who's dedicated his life to understanding economics. Yeah, there are five ways to accumulate a billion dollars. 1. Profiting from a monopoly. Two insider trading 3. Political payoffs 4. Fraud 5. Inheritance. Those are the only five ways. Don't believe the self made myth.

[Joe Getty]

He said that is bizarre and utterly unsquarable with the facts.

[Jack Armstrong]

Do you think he believes that? He doesn't think that. Well, first of all, I can give you the actual research shows most billionaires accumulated wealth by founding and building successful companies. A University of Chicago study found that 70% of the 2011 Forbes 400 billionaires started their own businesses. Do you think he believes that?

[Joe Getty]

It's possible. It's practically a coin flip. Go ahead. I'm sorry, was there more to your sentence? Marxists lie a lot, Constantly. It's part of their strategy because they count on you thinking, well he wouldn't lie about something that important. But he would. On the other hand, your dedicated, you know, radical theorists, they truly believe all sorts of stuff. That's unsquarable with reality. So whether he believes it or not, I don't know. It's dangerous either way.

[Jack Armstrong]

Well, as a bunch of people pointed out. Well, what if you invented something that, you know, 100 million people wanted to buy and it cost, you know, a little bit? Yeah, that there's a billion. Why does that seem so crazy to you?

[Joe Getty]

Global supply chains. There's, you know, several billion people in the developed world who are consumers and they really like your product. How about that, Robert Aoc.

[Jack Armstrong]

The first person who comes up with an electric car that actually, you know, is viable shouldn't end up a billionaire.

[Joe Getty]

How about Taylor Swift?

[Jack Armstrong]

There's a good example. Although I heard the pushback the other day. I think it was might have been Robert Reich. That people always go to Taylor Swift

[Joe Getty]

or All right, I'll stop. Or Jay Z.

[Jack Armstrong]

Yes. To make their point. Those are exceptions. The rule is these other five things.

[Joe Getty]

You lying commie.

[Jack Armstrong]

I thought that was extraordinary.

[Joe Getty]

He was, he was supposed to be

[Jack Armstrong]

like a mainstream Democrat advisor to mainstream Democrat presidents.

[Sponsor/Ad Voice]

Right.

[Jack Armstrong]

And he doesn't believe you can become a billionaire without stealing it.

[Joe Getty]

Boy, I tell you what, in politics it is a 1 inch putt. Trying to convince people who are envious to believe in the politics of envy. It's the easiest thing in the world. Wow, that's just so unhealthy and so un American, really. For most of our history, we admired those who came up with great ideas and became wealthy.

[Jack Armstrong]

Yeah, I thought that was mind blowing.

[Joe Getty]

Well, oddly enough this. This next topic includes a billionaire. He might be America's wackiest man. Do you remember when we were talking about Eric Swalwell and his sexcapades and the fact that he was living with a billionaire donor who's like his biggest fan? Stephen Klubeck was his name. And when the Swalwell thing all went sideways and it turns out he'd been deceiving everybody, including this Klubeck. We played you some audio from him.

[Jack Armstrong]

No, I was blown away.

[Joe Getty]

You don't bust the trust. Get the out of here. You don't exist in my life. So he doesn't exist in my life. He don't bust the trust, Michael. You don't bust the trust.

[Jack Armstrong]

So he kicked Eric Swalwell out of his home. I don't quite get the whole I'm super rich and I want this guy to be a successful politician, so I let him live in my house.

[Joe Getty]

I don't get that very Hunter Biden relationship.

[Jack Armstrong]

Anyway, when it turned out he was being Lied to. He kicked the kick Swalwell up. No, I was blown away. Well, he was blown away.

[Joe Getty]

Plus,

[Jack Armstrong]

did the trust.

[Joe Getty]

Which you don't do.

[Jack Armstrong]

No.

[Joe Getty]

Anyway, so this guy, you have to remember leading up to that, he was desperately trying to defend his Penthouse Pet fiance, who was a serial bilker of old rich guys. He was trying to defend her from the charges, convinced that she was really in love with him and they were gonna get married. That's really, really wacky. Well, he was arrested yesterday. This Stephen Klubeck evidently busted the Trust with the law for a felony charge of attempting to prevent or dissuade a victim or witness from testifying. These circumstances surrounding the charges are unclear. Blah, blah, blah. Uh, yeah. So, yeah, they don't really even give you any clues about what this was all about, but it probably has to do with his thieving con woman sex pet fiance. She's currently not allowed to leave California sporting an ankle monitor. She appeared in court recently to plead not guilty to six felony charges for allegedly preying on old men through dating apps. Klubeck told the California Post he still wants to marry her, saying the marriage is still on. The date is now a secret. Oh, there's Save the Date card, which is done in like semi Disney cartoon style. Is just unbelievable. Wow, she looks like a Disney princess.

[Jack Armstrong]

No, I was blown away.

[Joe Getty]

Who wouldn't be? Wow. Wow.

[Jack Armstrong]

I think it's interesting, as I mentioned last week, all these politicians that find some crazy super rich person and woo them with their, you know, politician phony charm, I guess. And it's happened multiple times with lots of different people.

[Joe Getty]

Oh, yeah, they're grifters.

[Jack Armstrong]

I can't remember.

[Joe Getty]

How do you make his money? Some website or pot maybe. I don't know. How did a guy that dopey become a billionaire? Wow. Robert Reich. Explain that one. I'm sorry, what'd you say?

[Jack Armstrong]

Michael.

[Joe Getty]

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[Jack Armstrong]

Yeah. So as little as 30 minutes, you can create a will. And at least you'll have one, a basic one that documents what's going to happen with your kids. Where's your Money going to go, what's your end life, all kinds of healthcare planning, that sort of stuff. And then for every life stage or transition, trust in Will's platform, keeping everything organized. You can update it on a, you know, year by year situation by situation basis. They got lawyer help if you want it. Attorneys available. It's state by state to fit in with the laws of wherever you live.

[Joe Getty]

Super high level encryption, too. Trust and Will affordable estate plans. Priceless peace of mind. Go to trustandwill.com Armstrong, you get 20% off. That's trustandwill.com Armstrong trustandwill.com Armstrong so kind

[Jack Armstrong]

of a breaking story we ought to mention just because we talked about it a lot at the time. You remember that scumbag murderer, Alex Murdaugh?

[Joe Getty]

Oh, yeah.

[Jack Armstrong]

That whole family and how he had run that part of South Carolina for years. Him and his family is like the

[Joe Getty]

third generation most powerful lawyer. Yeah.

[Jack Armstrong]

Him and his kids could get away with, well, murder.

[Joe Getty]

Yeah.

[Jack Armstrong]

In some cases, it would seem he went to prison. Finally. Who did he kill? He killed his wife.

[Joe Getty]

He killed his wife and his son. Right.

[Jack Armstrong]

Shotgun slaying and then tried to, because he was a drug addict, make it look like it was somebody else.

[Joe Getty]

Yeah, he was pilled up. He was stealing from his firm, stealing from his clients.

[Jack Armstrong]

Horrible human being. Anyway, South Carolina's top court overturned the murder convictions against Alec Murdoch.

[Commercial Voice]

Oh, my.

[Jack Armstrong]

Who had been found guilty of killing his wife and son. This decision upends one of America's highest profile homicide cases. Yeah, there were all kinds of Netflix specials and stuff like this around this one because it's, it's the sort, sort of stuff of movies. Because he was so dominant in that county that he lived in that, that he, you know, he, he owned judges and cops and jurors and all kinds of stuff. And I wonder if that has come to be again. Did he somehow get to.

[Joe Getty]

No, I doubt it. I've got to read up on it. There were a few irregularities during the trial, including the county clerk was accused of leaking. There it is. Yeah, I got to dig into this. Boy, my daughter is probably all a Twitter over this as she is, like many young women, a true crimes podcast maniac.

[Jack Armstrong]

But there wasn't anybody that thought he wasn't guilty.

[Joe Getty]

There it is. In a unanimous opinion, the state supreme Court said that shocking jury interference by a court clerk who oversaw jurors during the 2023 trial meant that Mr. Murdoch's conviction must be overturned. Crooked clerk of the court.

[Jack Armstrong]

But nobody thinks he didn't do it. Do they?

[Joe Getty]

No, not really. No. No, he's guilty as hell.

[Jack Armstrong]

So this scumbag who murdered his wife and shotgun his son to death. Yeah, and all kinds of other bad stuff. And the kids had gotten away with all kinds of bad stuff too, over the years.

[Joe Getty]

It's certainly a reckless homicide. Yeah.

[Jack Armstrong]

Is he gonna walk out?

[Joe Getty]

No, absolutely not. No.

[Jack Armstrong]

So what's gonna happen?

[Joe Getty]

He will remain in prison because he had also pleaded guilty to various charges related to stealing millions of dollars from his former clients in his law firm. While he is admitted to the embezzlement, he's long maintained during trial, blah, blah, blah, that he did not kill his wife Maggie, and his young son Paul, aged 20, 22. The ruling does not automatically mean he will face a new trial, though prosecutors are expected to pursue one. He's guilty as hell. And so they'll just put the case together and assemble another jury and do it again.

[Jack Armstrong]

Oof.

[Joe Getty]

They've got to Shotgun 2 innocent people in his own family.

[Jack Armstrong]

I'm glad he's not walking out of there today.

[Commercial Voice]

Oh, no.

[Joe Getty]

No way. No way.

[Jack Armstrong]

You probably get a little better prison you get to be in if you're not a murderer, Right. Oh, stealing from your company is different than got to be a different prison than being a murderer.

[Joe Getty]

Well, I don't think so. Prison's prison, isn't it? Oh, I don't think I have. What do I. For separate crimes.

[Jack Armstrong]

I haven't been thrown in prison yet.

[Joe Getty]

Not yet. Boy. I'm ready to testify though. State, local, federal authorities, whoever you are.

[Jack Armstrong]

International court. Yeah.

[Joe Getty]

Oh, yeah.

[Sponsor/Ad Voice]

We'll send you to the icc.

[Joe Getty]

Yeah. Well, this guy, keeping in mind he stole from like there are, there were people who legitimately had horrible things happen.

[Jack Armstrong]

Yeah.

[Joe Getty]

And he represented them right. And they were very poor and they got some money and he stole it all. So, yeah. Whatever miserable prison that they got in South Carolina, stick him in it.

[Jack Armstrong]

No, keep him in it. Stockade. Throw tomatoes at his head.

[CJ Toledano]

Yes.

[Jack Armstrong]

Okay. More on the way. Stay here.

[Joe Getty]

Armstrong and Getty.

[Commercial Voice]

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[Sponsor/Ad Voice]

show comes from Public, the investing platform for those who take it seriously. On Public you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year, you can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Advisors llc. SEC Registered Advisor. Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete disclosure is [e-mail] disclosures you're a pro at running your life. At committing to your workout. At showing up every day. At Bombas, we're pros too. Pros at making socks. Our sport assortment has special socks for whatever sport you're committed to running, hiking, golf, Pilates, and so much more. Made with sweat, wicking yarns, blister fighting details and targeted arch support. Bombus Sport is pro level socks from the Pros of Socks. For another pro, you go to bombas.com audio and use code audio for 20% off your first purchase. That's bombus.com and use code Audio.

[Jack Armstrong]

This is Jacob Goldstein from what's yous Problem? Business software is expensive and when you buy software from lots of different companies, it's not only expensive, it gets confusing. Slow to use, hard to integrate. Odoo solves that because all Odoo software is connected on a single affordable platform. Save money without missing out on the features you need. Odoo has no hidden costs and no limit on features or data. Odoo has over 60 apps available for any needs your business might have, all at no additional charge. Everything from websites to sales to inventory to accounting. All linked and talking to each other. Check out [e-mail] that's o d o o.com we had a choice. Let these lunatics have a nuclear weapon. If you want to do that, then you're a stupid person and you happen to be. I mean, I know you very well. We have a ballroom that's under budget. It's going up right here.

[Joe Getty]

I've done double the size of it

[Jack Armstrong]

because we obviously need that. I doubled the size of it, you dumb person. Double the size you are. You are not as smart person. That's Trump before he got on the plane to head to China. In typical Trump fashion, you're a dumb person. Anywho, he arrived in Beijing, China to meet with with President Xi. It's the first time a US President has set foot on Chinese soil in damn near a decade. And I wonder if we're heading toward a time where no presidents will be setting foot there. Just like ain't no president setting footing in Moscow either.

[Joe Getty]

Some of the smart money's saying the theme of the summit's going to be stability. Everybody's gonna back off their belligerence a little bit.

[Jack Armstrong]

We just want a little stability.

[Joe Getty]

Let's keep trading.

[Jack Armstrong]

Huh?

[Joe Getty]

Huh?

[Jack Armstrong]

The President was given a red carpet welcome at Beijing Capital International Airport with the ambassadors and the President and all these different sort of people. If you haven't seen it on tv, it had a bit of a, like a miniature Olympics opening ceremony look to it. I mean, it was, it was, they really did it upright. The official party was accompanied by a military band and honor guard as well as 300 youths singing a welcome message and waving American and Chinese flags in time to the band's music. Trump greeted the crowd with his signature fist bumps. I gotta believe he loves this sort of stuff.

[Joe Getty]

Oh, yeah.

[Jack Armstrong]

Trump, who appeared pleased with the pomp and circumstance surrounding his arrival, was followed off the plane by his son Eric and daughter in law Lara. I don't know about your son and his wife walking off the second people off the plane behind you when there's all this stuff in the papers about the Trump family business trying to profit from all these different deals with everybody, including in China.

[Joe Getty]

Yeah, yeah. It doesn't look good.

[Jack Armstrong]

It seems like you're really just like sticking it in people's faces. If the Dems take back the house, it's going to be nonstop investigations around that stuff starting like immediately. And that'll be really fun. Trump will pardon them all, everybody in his family for anything they've done going back many, many years. Exactly like Biden did with Hunter.

[Joe Getty]

Right. And many other members of his staff to avoid any post presidency investigation.

[Jack Armstrong]

Which is where we are America right now. Also getting off the plane after Eric Trump got off the plane, Elon Musk walked off. Marco Rubio had changed into a suit. I don't know why it got so much attention on social media, him and his athleisure. On the plane yesterday, did you see that?

[Joe Getty]

I did not.

[Jack Armstrong]

But he was wearing the very same Nike track suit that Maduro had on.

[Joe Getty]

Ah.

[Jack Armstrong]

When he was taken, he took it from him. So I don't know if that's just the official tracksuits we give anybody on a plane that's.

[Joe Getty]

They're a different size, come to think of it.

[Jack Armstrong]

Tell you what, I was uncool, though. You can't wear the Nike tracksuit with the Adidas shoes. You got to match them. You can't have different brands.

[Joe Getty]

Really.

[Jack Armstrong]

Oh, you kidding? That's a no go. I don't ever wear this stuff, so it doesn't make a difference to me. But I know that for people who care. Yeah. That's just. You can't do that. You can't have Nike shoes and Adidas tracksuit.

[Joe Getty]

Boy, put that on the list of stuff I don't think about.

[Jack Armstrong]

Really?

[Joe Getty]

Oh, yeah.

[Jack Armstrong]

That's just what then you're gonna have, like, a puma hat and a. Whatever. Different company.

[Joe Getty]

I'm wearing Athleisure myself right now, kind of golf Athleisure, and I have, if you count my socks and underwear, like, six different brands going.

[Jack Armstrong]

I got a match. You'd think if you're Marco Rubio, you'd have Nike shoes with your Nike tracksuit. That's just a. What a bad look.

[Joe Getty]

Do you think the state dinner will be Panda Express?

[Jack Armstrong]

Michael? I. I doubt it. The thing I'm most interested in is what Trump says about Taiwan. And I read a long piece about this yesterday that everybody knows. He. He could change US Policy on the fly as he feels, depending on the question, and completely blindside the State Department and all US Policy around Taiwan.

[Joe Getty]

Yeah, I saw Marco Rubio making very hawkish, very solid. This is the policy statements, and I felt like he was praying Trump would absorb it and remember it.

[Jack Armstrong]

Right. Marco Rubio wearing his two different major brands. I don't know what's going on there.

[Announcer]

Armstrong and Getty.

[Jack Armstrong]

This is Jacob Goldstein from what's yous Problem? When you buy business software from lots of vendors, the costs add up, and it gets complicated and confusing. Odoo solves this. It's a single company that sells a suite of enterprise apps that handles everything from accounting to inventory to sales. Odoo is all connected on a single platform in a simple and affordable way. You can save money without missing out on the features you need. Check out odoo at o d o o.com that's o d o o.com this

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