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Jack Armstrong
You're listening to an iHeart podcast.
Colby Ekowitz
Get this adults with financial literacy skills have 82% more wealth than those who don't. From swimming lessons to piano classes, Us parents invest in so many things to enrich our kids lives, but are we investing in their future financial success? With Greenlight you can teach your kids financial literacy skills like earning, saving and investing. And this investment costs less than that. After school treatment. Start prioritizing their financial education and future.
Joe Getty
Today with a risk free trial@greenlight.com iheart.
Colby Ekowitz
Greenlight.Com iheart we've all done it. You see a headline but don't have time to read the whole story or there's so much news you're not sure what is worth your time. I'm Colby Ekowitz, co host of Post Reports, the weekday afternoon podcast from the Washington Post. Post Reports brings you what's relevant and revealing breaking stories, politics, wellness, culture. Each episode goes beyond a headline for the context you need. Find Post Reports now wherever you're listening.
Joe Getty
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Jack Armstrong
21/ terms and conditions apply for some.
Christina Quinn
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Ryan
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Joe Getty
Broadcasting live from the Abraham Lincoln Radio Studio at the George Washington Broadcast Center. Jack Armstrong and Joe Getty. Armstrong and Getty. And now here's Armstrong and Getty.
Jack Armstrong
So I'm gonna describe this the way it was described by Katie and then we'll listen to it. This is a cop attacked by a turkey, quacks at it like a duck and calls it a chicken. Here we go.
Joe Getty
Chicken, chicken, chicken.
Jack Armstrong
What?
Joe Getty
What is quack qu. Oh, come on. Quack, quack. Get back up, back up, back up. Somebody better come get this quack. Back up. Here's your stuff back. I'll be right back, man. Give me a second.
Jack Armstrong
I feel like it.
Joe Getty
I feel like I can't believe this is happening. All the places you can come.
Jack Armstrong
I feel like it lived up to its explanation. That was a cop attacked by a turkey, quacking at it and calling it a chicken.
Joe Getty
Bro, put the turkey back.
Jack Armstrong
You need to spend a little more time at a navy area or something.
Joe Getty
Well, he's taunting the bird. That can't help. You know what? Good cop tries to de escalate. Our beloved newsman of the past, Marshall Phillips, would occasionally be confronted by aggressive turkeys during hot, hot turkey lovin season, which we are in.
Jack Armstrong
We have more turkeys in my neighborhood. I gotta believe I got more turkeys around me than anybody listening in America. It's shocking how many turkeys there are in my neighborhood. The big giant wild turkeys. They're huge, for one thing.
Joe Getty
Absolutely gigantic and mean as hell during hot, hot, sexy turkey time.
Jack Armstrong
When I drive home today, there will be six of them sitting on my roof, guaranteed.
Joe Getty
On your roof.
Jack Armstrong
Eight more in the backyard. They're all over the place.
Joe Getty
Wow.
Jack Armstrong
They don't cause any problems. Sometimes they're a little loud. They get into it. Okay, So I gotta handle this very delicately.
Joe Getty
Okay?
Jack Armstrong
I want to handle it delicately for this very nice mom who sent us a text.
Joe Getty
I will switch into delicate mode on your advice.
Jack Armstrong
Combined with harsh mode I think is necessary. So this, this, well, this is why we can't have nice things. As the cliche goes, this is why demagogging issues in politics works, I guess. So in our three, if you didn't hear it, get the podcast. Armstrong and Yeti on demand. Joe got into the whole big beautiful Bill Medicaid thing. We're getting ripped off like crazy with Medicaid. We're gonna get into more of it tomorrow with Craig Got Walls, who's an expert in this, but we're getting ripped off like crazy. All kinds of healthy people. You're paying for their health care and other stuff. For no good reason whatsoever other than that nobody keeps track of this sort of thing.
Joe Getty
And because it buys votes, that's. That's like the entire reason you're paying for it.
Jack Armstrong
And Phil Graham, former senator from Texas from back in the day, tried to run for president once, but he's way too smart to be president, has a PhD in economics, wrote a piece about how, no, this is where the money is. You talk about Social Security, you know, and cutbacks and everything like, no, the money where we need to do something is in Medicaid. So we get this text, hey, I have a daughter who's disabled and on Medicaid and Social Security. And I get that you guys are trying to get people riled up and listening to show, and I'm a strong Republican, but what you're missing is. And then she lays out the story of how her disabled daughter can't take care of herself at all. Never will be able to in her life. Unbelievable. What you're dealing with, I can't even imagine. And how she needs that money and we don't have the courage to call her back and talk to her and get the facts on this story about her disabled daughter and how much she needs Medicaid.
Joe Getty
There will not be a single disabled person affected in any way by the proposed cuts. Not one.
Jack Armstrong
And there isn't a single person, us or anybody else arguing for someone like your daughter having their money cut.
Joe Getty
No, I would argue strenuously, 180 degrees in the other direction.
Jack Armstrong
This is why you demagogue these issues.
Joe Getty
Though, because he convinced her that, yes, her poor daughter and she will be left high and dry by the mean Republicans. That is 180 degrees opposite of the truth.
Jack Armstrong
You said they've convinced her. We convinced her. Even with you only talking about the scammers.
Joe Getty
Right.
Jack Armstrong
Her takeaway was like, you and I are in favor of cutting her daughter's money. I mean, if that's the way it lands, no wonder politicians don't cometh on a hundred miles of even trying to stop the scumbag liars.
Joe Getty
Right? Yeah, it's unfortunate, isn't it?
Jack Armstrong
It is a highly unfortunate. You could stand. And we've seen this, We've been doing this for a long time. You can, as a politician, stand up in front of a crowd and say, look, nobody here currently getting Social Security that's over the age of 65 will see any a dime of that cut in their lifetime. But. And then everything after the but gets portrayed as you as an old person are going to starve.
Joe Getty
Right? And it works.
Jack Armstrong
There's just no getting around it, apparently.
Joe Getty
Right, right.
Jack Armstrong
Man, I feel for you, ma' am. What a rough situation you're in. Doing God's work, trying to deal with that. But nobody, us or anybody is suggesting cutting the program for people like your daughter.
Joe Getty
Nobody. Right.
Jack Armstrong
We would have more money for people like your daughter if the freaking healthy 28 year old dude playing video games and laughing at us wasn't getting all his stuff paid for.
Joe Getty
Right.
Jack Armstrong
I don't know what you do with the reality of this.
Joe Getty
I think if you were to sit down with Karl Rove and James Carville. I'm trying to be bipartisan.
Jack Armstrong
Maybe Donald Trump.
Joe Getty
Donald Trump. Charles Krauthammer. Jesus and John Wayne. That's quite a crowd. They would say, Jackie Boy, Joseph, here's the story. That's what politics is. Grow up. You always talk about trying to frighten or entice the herd in one direction or another as if you're too good and too smart for that. That's politics.
Jack Armstrong
I understand what you're saying, that they're. Politicians go out there and try to frighten you on this stuff. What I'm concerned about is we made it clear we weren't trying. We weren't claiming they're coming for your to take your disabled daughter's Medicare. Politicians will say that sort of stuff. Medicaid.
Joe Getty
Yeah. We weren't.
Jack Armstrong
We were saying the opposite and it still landed as if we were. That's what troubles me.
Joe Getty
Yeah. I think that's squarely in the department of things I can't do anything about. It's, it's striking. I, I totally get your being troubled by that.
Jack Armstrong
Like I said, if you're a politician, you get up on stage and make it clear that I'm not interested in cutting your Social Security. But people walk out of the room thinking they're going to take my Social Security.
Joe Getty
Yeah.
Jack Armstrong
Well, that we're done here then, I guess.
Joe Getty
Yes. Correct. This doesn't work as a, as a country, you mean? Yes.
Jack Armstrong
Or as a system of government people. Well, self governance doesn't work. That's my point.
Joe Getty
Yeah. Well, the great Scottish philosopher, what's his face with the, you know, the republic will last only until the populace realizes they can vote themselves money from the treasury. And what he didn't suspect is that. Or maybe he did was that politicians would be able to convince virtually all of the population that any effort to rein that in was indeed an attack on them and their well being. So yeah, it just, it doesn't work. The Great. You know, overarching Jogeti principle, there are actually several of them, many of them contradict each other, is that all systems can last only until those who had game the system win over those who would protect the system. And it's like, you know, the constant battle between hackers and cybersecurity experts. There comes a point in a, like a governmental system where a combination of manipulating the voters and then manipulating the systems behind the scenes becomes so sophisticated that the like immune system of a democracy is. Is insufficient. It's like a septic infection in the bloodstream. So monarchy now. I don't know. I'm old. Y' all figured out. Good luck.
Jack Armstrong
If you're old already, nobody is gonna touch your Social Security, period. No, if you are actually disabled, nobody's gonna take your money, period.
Joe Getty
Nobody wants to.
Jack Armstrong
Nobody's even suggested it.
Joe Getty
Right. And yet it is the easiest sell in the world. If any Republicans say we're going to rein in Medicaid waste, fraud and abuse, they're going to come take the money out of the mouths of your disabled children. And people believe them. So what are you going to do? I'm in an accepting mood today. I have accepted it probably because I'm excited about my new political partner party, the F y' all Ikins.
Jack Armstrong
You gotta have AI design a logo because that's a good. I like the FE.
Joe Getty
All capital F. Yeah, capital Y. Apostrophe A L, L dash I dash cans F y' all. I cans.
Jack Armstrong
I like it.
Joe Getty
We need an animal, though. Maybe the turkey. The donkey and the elephant are taken clearly. Maybe we have the turkey. As heard in a previous clip, which.
Jack Armstrong
Ben Franklin wanted to be our national bird.
Joe Getty
So enough politics. I've got a couple of stories about business, about personal wealth, that sort of thing. Number one. So you're a crypto zillionaire. I'd start carrying a gun, hiding a guard and keeping your fingers hidden. Secondly.
Jack Armstrong
Yipes.
Joe Getty
Who's making the real money? What's the way to wealth become one of the stealthy wealthy.
Jack Armstrong
The stealthy wealthy.
Joe Getty
It's doable. And better yet, it rhymes.
Jack Armstrong
I also, I watched the Minecraft movie with Henry over the weekend. I want to talk about it. Yeah, I want to talk about a couple notable things that I think might be the future of motion pictures. Jack Black is so fat and greasy and doesn't care. That's what's interesting about him. He's got to be one of the biggest movie stars in the world. Very, very big in terms of making money.
Joe Getty
He seems to be unbathed.
Jack Armstrong
He does not care at all. I think he just shows up to he doesn't care how he looks at all, doesn't comb his hair. He doesn't find a shirt that fits. He doesn't wash his face.
Joe Getty
Yeah, it's weird.
Jack Armstrong
Anyway, more on that later. Stay here.
Joe Getty
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Jack Armstrong
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Jack Armstrong
And the fact that my 13 year old notices the difference in quality.
Joe Getty
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Michael
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Jack Armstrong
Hey, we're Armstrong and Getty and I don't know if you know about Shopify. You do actually. If you've ever used our store like Armstrong and Getty T shirts and stuff like that. That's because of Shopify that we have that website. They're the platform so we can just concentrate on the funny T shirt.
Joe Getty
Starting your own business is intimidating, can be lonely because you have to wear so many hats. Shop. Shopify is there for you as a business partner to get you started. So helpful.
Jack Armstrong
Yeah, Shopify is packed with helpful AI tools that write product descriptions, page headlines, they even enhance your product photography.
Joe Getty
And Shopify is the commerce platform behind millions of businesses around the world and 10% of all e commerce in the US from household names like Mattel and Gymshark to brands just getting started.
Jack Armstrong
Yeah, you can get the word out about your product like you've got a giant marketing team behind you and it's Shopify.
Joe Getty
Turn your big business idea into With Shopify on your side, sign up for your $1 per month trial and start selling today at shopify.comarmstrong go to shopify.comarmstrong.
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Katie Green
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Jack Armstrong
The Minecraft Movie over the weekend with my son Henry and I was about to talk about it and I thought I should look up a little of how successful this movie was to back up my premise. And I googled it first. Then I remembered what you keep saying. No, you got to use the chat gp2 I'm trying to get out of the habit of Googling and go to Chat GPT. The answer I got on chat GPT about, I just asked Chat GPT was the Minecraft movie a financial success. Its answer, so much better and thorough than Googling it. I mean, not even close. So I got to get out of the habit of googling. Anyway, a Minecraft movie has made almost a billion dollars worldwide after a budget to make it of only $150 million, which I gotta believe all of the filming of the acting of that movie could have been done in an afternoon probably. I mean there wasn't much to it and it was all. So much was green screen. It was all CGI stuff and everything like that. And like I mentioned, Jack Black, what an interesting dude. I don't know is he married or not. I've seen him in various interviews. He's certainly not trying to impress chicks. He wears ill fitting clothes. He doesn't wash his face or comb his hair. He rolls in, does his lines brilliantly because he's really good and then collects his money and goes home. What an interesting thing that is.
Joe Getty
I'm told he's married.
Jack Armstrong
What movie star has never wanted to care how they look like Jack Black. He keeps getting fatter and greasier anyway. I mean, you can be fat if you want. Maybe you think that's part of your appeal. You can wash your face. Anywho, the Minecraft movie, first of all, way better than I expected it to be. I thought it was. It was only an hour 45, but I thought, I thought this is gonna be kind of tough to sit through. And it was quite entertaining. Pretty dang funny by the end. It had. It reminded me of like all your Lord of the Rings movies. Okay, another giant fight sequence. I just, I can't do fight sequences like a lot of people can, apparently endlessly. I get it. But my main takeaway was and if I was rich, I would start like really like Elon rich. I would come up with this idea today. It was basically a series of popular memes that young people get strung together so that everybody could laugh together about. Hey, I get this meme and feel part of something. That's what it seemed like to me. And I'll bet you could put one of those out once a month of just whatever the most recent hot memes were.
Joe Getty
Right?
Jack Armstrong
Make it like 90 minutes long. It's just a series of meme jokes that every teenager gets and thinks is hilarious. And it would be super popular because that's basically what the Minecraft movie was.
Joe Getty
So just a recognition slash belonging Fest.
Jack Armstrong
Yeah. Because other things aren't really working. But partially because this is a reason to be together in the theater. It's fun to recognize the memes together. It was clear from my older son when he went and saw it in the theater that that was a lot of the appeal was all these inside jokes that they get and laugh at and it's fun to see them in a group. I think this is a way to rescue movies. It's. It's going to kill old time movies. But like just, I don't know. The most popular memes put together 90 minutes with a loose script. I think that would work. Somebody steal that idea and make it work.
Joe Getty
Well, it's either like irony or a perpetual motion machine or something that online memes. The enjoyment of online memes together.
Jack Armstrong
Yeah.
Joe Getty
In a room might convince kids. Hey, this is really fun.
Jack Armstrong
Wow. Good point.
Joe Getty
Hello.
Jack Armstrong
But my constantly. My son was saying, I know you don't get that but to various things that were happening, characters and lines and stuff like that. Because they're here today. I mean you could have had a movie where the hawk to a girl was, you know, a co star there for a cup of coffee.
Joe Getty
Oh please don't.
Jack Armstrong
And people would have guffawed with laughter though.
Joe Getty
You know they studios. Yes.
Jack Armstrong
Oh yes.
Joe Getty
No. You got to start producing these. This is your $10 million idea. It's fine. I thought I'll get another co host.
Jack Armstrong
I thought of Friday night. I thought this is actual brilliant idea. It would just take a lot of money to get it going.
Joe Getty
You know you'd have to pay for rights but you'd have lawyers to do that. That'd be easy. Yeah. Wow. That's a great idea. Just your monthly meme cinema.
Jack Armstrong
Yeah. Yeah. And all the teenagers get together and feel cooler and smarter than the rest of us because they get all the jokes right. Yeah. We bought it though. Cost 20 bucks. So Minecraft's available at home now for streaming but it was 20 bucks to rent it.
Joe Getty
I think it's got about a six month run. Your idea.
Jack Armstrong
Oh really?
Joe Getty
Don't like. Don't invest too heavily thinking next year will be even bigger. Trust me.
Katie Green
Armstrong and Getty @&t has a new guarantee because most things in life are not guaranteed. Like actually getting the rental car yet you requested or your wedding turning out just like you dreamed it would and someone making another pot of coffee in the break room after drinking the last drop of the last one.
Joe Getty
Yeah.
Katie Green
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Christina Quinn
You don't know me yet, but I bet we have something in common. We all wish we were better functioning humans. Maybe figure out how to sleep better, have more meaningful relationships, cook more that search for practical knowledge. It's my job at the Washington Post. I host a podcast called Try this. Every episode is like an audio class and we learn together. I'm Christina Quinn.
Joe Getty
Now you know me.
Christina Quinn
Check out Try this wherever you're listening. For some of us, personal finances aren't just personal. They include a lot more people than ourselves, loved ones, neighbors, the communities we call home, and the causes we hold in our hearts. At Thrivent, we help plan your financial picture with the bigger picture in mind. Because even though our business is helping guide your finances, our ambition is to make it mean so much more. Thrivent, where money means more. Connect with us@thrivent.com Travel smarter, not harder.
Ryan
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Jack Armstrong
Person in charge of CBS News just stepped down. So first it was the producer of 60 Minutes a couple of weeks ago, and now the leader of CBS News saying it's become clear that the company. I do not agree on the path forward.
Joe Getty
You know, there's some stuff from 60 Minutes we were hoping to squeeze in today.
Jack Armstrong
We got to talk about that tomorrow.
Joe Getty
Better now?
Jack Armstrong
Yes, it is.
Joe Getty
Yeah, let's hold all that stuff over.
Jack Armstrong
60 minutes feels exactly like it used to feel to me when I used to watch it when I was younger now.
Joe Getty
So the guy who quit in a huff, the head guy. Because I'm getting too much corporate pressure to twist the show into being watchable again. Unbelievable.
Jack Armstrong
That story about how much China is spying on us last night, man, watch it if you haven't seen it. We'll talk about it tomorrow with 60 minutes feature. China is spying on us in a way that no country has ever spied on any country, ever, probably.
Joe Getty
Yeah, yeah. Absolutely true. Boy, I'm amazed. I'm working with Chat GPT to try to create. I got to go to the paid version. I'm trying to create a logo for the F y' all Looking party because F y' all not you good people, but just politicians maybe.
Jack Armstrong
And here's depends on who you're talking about. I was reading some of the texts.
Joe Getty
So I said, design me a logo for the political. For a political party called the Effyolican Party. Our mascot is a bald eagle. The logo should use red, white and blue. And it says I can generate a logo for the Effieolican Party featuring a bald eagle and red, white and blue color scheme. Before I do, could you clarify the tone you're aiming for? For example, serious and patriotic. Like a traditional political logo. Satirical or humorous. Leaning into the edgy name. Bold and rebellious in a punk American rebel style.
Jack Armstrong
I picked up on the edgy name.
Joe Getty
Yeah, I know it's been a little troubling. It's been a little frustrating to get it to do what I want it to do in some ways that are funny. I keep telling it to have the effing E face to the right and it keeps having it face left. But other than that, it's.
Jack Armstrong
It's amazing how patriotic I want it to be. Like if Lee Greenwood ate a flag, what would come out of him? That's what I want.
Joe Getty
Right, Exactly. So totally different topic. The screams echoed down the Narrow street in a trendy neighborhood in early morning Paris. Help. Help. Help. Three men in black masks had jumped on a 34 year old woman and her toddler and tried to throw them into an idling white van disguised as a delivery truck. Luckily, her husband threw himself between the attackers and his family. A neighbor hustled the child away. Screams, yells. The husband was battered with a wrench bloody. Blah, blah, blah, Saul. Because this chick's father runs a French cryptocurrency exchange. And she's got a hell of a lot of it, apparently, the bitcoin. Around the world, this brazen attack, latest in the series of violent abductions, including several in the US targeting crypto executives and their families. Victims have been pistol whipped, abducted, and in two cases had fingers severed.
Jack Armstrong
Actually cut off their fingers?
Joe Getty
Yes, to use their fingerprints to open accounts. Wow. Barbaric.
Jack Armstrong
I would agree.
Joe Getty
Fans of Retina scam. Oh boy. The assaults are often called wrench attacks because they rely on simple tools for inflicting pain to coerce victims rather than sophisticated tools for hacking them.
Jack Armstrong
The guy hit me with the wrench is why I called it that.
Joe Getty
Well, yes, yes, essentially, yes. Hacking has long been the primary risk for the crypto rich. But to thwart hackers savvy cryptocurrency investors have increase increasingly taking their digital wallets offline in favor of physical devices, a thumb drive in a safe, making remote theft more difficult. But real world. Bash you over the head, crypto crime bypasses those. Those safeguards obviously.
Jack Armstrong
Do I get the option like put your thumb on this or we're gonna cut your thumb off or do they just take my thumb?
Joe Getty
I think there's probably a period of negotiation, but I don't know. These concerns. These concerns intensified this week with the CRYP cryptocurrency exchange Coinbase disclosing that as many as 97,000 customers had their personal information stolen, including addresses and snapshots of their balance. Oh, Joe Jones of 123 Main St. Has $11 million in crypto. Why that's just on the other side of town. Perhaps we'll bash him in the head with a wrench, cut off his finger and take his money, say the scumbags.
Jack Armstrong
Wow.
Joe Getty
Wow. I mean, obviously if you're smart and savvy, you keep your crazy wealth to yourself.
Jack Armstrong
Do you have any crypto?
Joe Getty
I do not at this point, no.
Jack Armstrong
I do not either.
Joe Getty
I've kicked myself for that a number of times. I have a friend who is a savvy financial guy and a guy for reasons of the Way his marriage was set up, could do more or less whatever he wanted quickly. He didn't have the sort of setup where. Hey, sweetheart, I'm thinking of doing this and this for these reasons. Should we free up enough money? No, he would just do it. And he literally paid for his kids college education with crypto profits.
Jack Armstrong
Wow. Got in and got out at the right time. Because it can, all of it.
Joe Getty
Yes, of course you can definitely go the other way.
Jack Armstrong
You make too much money. You got four fingers on each hand.
Joe Getty
Oh, boy. In September, a Florida man was sentenced to 47 years in prison for leading a ring that carried out a string of home invasions across multiple, multiple states in search of crypto riches. In one of the attacks, the men held a pink revolver. I'm not sure why. The color of the revolver is important to the head of a 76 year old Durham, North Carolina man. And threatened to cut off his genitals.
Jack Armstrong
The victim take your pink revolver.
Joe Getty
Is yours a revolver? Mine's not. The victim eventually transferred 150 grand worth of crypto to the attacker, who was later ordered to pay a great deal more than that in restitution to his victims as part of the sentencing. Blah, blah, blah. It's happened in France, a bunch of different places. Just crazy. So anyway, guard your crypto, your fingers and your genitals, folks. It's crazy, crazy times. You know, I'm going to skip over. Will anyone take the factory jobs Trump wants to bring back to America? The answer is no. No, they won't. But we can talk about that more later because I wanted to get to this meet the stealthy wealthy who make their money the boring way. And I found it really interesting and inspiring in an American dream kind of way. The Wall Street Journal with an article. The subhead is the road to riches is paved with cup holders, burgers, and miles of elementary school carpeting. And these are people who discovered a niche business. Like this one guy who points out his name is Derek, Derek Olsen. He's made a fortune making machines that rip up flooring like carpeting in elementary schools. This is how sexy it is. He says the average elementary school in the US has seven miles of carpet and children are disgusting. So elementary schools basically need their floors redone almost every summer. It's this niche industry that nobody knows about and everybody needs. So he made his fortune on tearing up the floor machines. For some reason, every elementary school in America needs every couple of years.
Jack Armstrong
Reminds me of that guy that used to call or email us all the time, who was a cleaned up Crime scenes and made lots of money.
Joe Getty
Yeah.
Jack Armstrong
Because when there's a crime, somebody's got to clean it up. He did it.
Joe Getty
Yeah. So here's, here's another great example that I really liked. It's, and this is a business that a lot of people are familiar with. How about they talk about a guy who has studied this and how it's absolutely legit. That's the way to get rich. Oh, the story of David McNeil, who's the founder of Weathertech, the car accessories, the super durable floor mats and everything. He was working as a tool and die maker. He dropped out of college. He sold cars. He rented a car on a trip to Scotland in 1989 and immediately noticed its thick rubber floor mats that had a border to prevent water and mud from running off. And they're like the best he'd ever seen. So when he got back home to Chicago, he called the English manufacturer and eventually worked out a deal to buy a 20 foot shipping container of the black mats to sell in the US he took out a second mortgage on his home to do this. Wow. By the end of 91, I made $40,000. By the end of 92, I made 160,000. By the end of 93, I made 400,000. While all of this was going on, if you called my 800 number at 3:00 clock in the morning, you know who would answer it? I would.
Michael
Wow.
Joe Getty
Yes.
Jack Armstrong
I love stories like that.
Joe Getty
Yeah. He now employs 1800 people in Bolingbrook, Illinois. Makes nearly its entire range of car accessories and other products in the U.S. his company expects to bring in $800 million in revenue this year.
Michael
Wow.
Joe Getty
Yeah. Yeah.
Jack Armstrong
Well, I never have any good ideas. I only have dumb ideas. My, all my ideas are stupid.
Joe Getty
Yeah, I know. Homer Simpson, you and me both. All three. Larry Fleming, 80 years old. He bought a Wendy's franchise, then another one, and then he, he had a beer distributorship, the small one. But he noticed that it was really making more money than the other stuff and was less work. So he just started, you know, saving his money, buying a little more territory and a little more territory. And his ba ba ba ba ba. His beer distributorship, which sells to the eastern halves of Oklahoma and Kansas, has a 64% market share in Oklahoma. His annual sales approached $250 million. I don't know how much he clears on that, but it's just that's, that's the way you get rich in America. Because the tech guys who have, you know, specialized skills and they get a lot of Press these days and I know a handful of guys who've done very well in tech. I don't have what they have, but the ability to say, hey, I really like this product. I'll bet other people will too. I think I can borrow enough money to get started and then work like a maniac. That's what this country is all about.
Jack Armstrong
Awesome.
Joe Getty
Yeah, I thought that was cool. The stealthy wealthy Jack. And it rhymes.
Jack Armstrong
What was the story you skipped? I had a question about that.
Joe Getty
Who will take the factory jobs that Donald Trump wants to bring back to America?
Jack Armstrong
Right. That's an interesting one.
Joe Getty
Illegal immigrants, if you can get them. Otherwise nobody.
Jack Armstrong
Right? I've heard a number of people number. There's something like there's 140 some thousand empty manufacturing jobs right now right before we even bring back more manufacturing jobs. But there is, I've heard a couple of people say this, this is not an original idea on my part. There is this kind of belief out there that it would be really great to have more manufacturing jobs for like some imaginary person you're kind of picturing that wants it and would take it. But you're not thinking of yourself, right? You're not thinking of like you or your kids probably. You're thinking some, there's some other people that would really like it. If there's a big factory at the edge of town, they could go, you know, I don't know, put something in a box all day long for a decent wage. I don't want to do it and I don't want my kids to do it. But I'm sure there are plenty of people that would like to and it's just kind of not true.
Joe Getty
Yeah. This article actually opens with a description of Quaker City Castings in Salem, Ohio. 6am Every weekday a group of sturdy framed men in steel toed boots clock into the factory to build sand moles, molds rather pour molten metal and grind iron and steel castings. Tiring, hazardous, dirty job. This is the work politicians lionize but Americans often don't want.
Jack Armstrong
Right. You know though I do have this story, maybe it's just anecdotal and doesn't mean anything, but I had a friend in college, married my college roommate and they went off and started their lives. And she got a job working at a factory that put the little explosive thing in airbags for cars. That's what she did. Stood on a conveyor belt that went by. But she was a good hard working person who showed up and did what she told everything like that and moved up very quickly. And before he knew, it was like flying around on a plane, going to the other factories, talking to people that did incredibly well for herself.
Joe Getty
Wow.
Jack Armstrong
And they, like, retired early and just had a great life.
Joe Getty
Show up and work hard. Amazing. Yeah. Yeah. Now, final note on this, then we can move on. But there are huge swaths of America where this sort of job used to be available to the pay is actually declined, inflation adjusted for a couple of reasons we could talk about in manufacturing, but there are a hell of a lot of people on fake disability, for instance, on the government dole. But you win votes by keeping them on the dole. You win no votes by telling them, get to work. There's a Quaker City Castings plant opening at the edge of town.
Jack Armstrong
Right.
Joe Getty
What are you going to do?
Jack Armstrong
There's hardly anything more annoying to me than the maybe it's because I've done a lot of hard physical jobs in my life, but the idea of being a physically okay dude in his 20s who's living off of my money, my, my taxes.
Joe Getty
Because you refuse to work at Quaker City Castings.
Jack Armstrong
Or anything else.
Joe Getty
Or anything else.
Jack Armstrong
Yeah, that really, really annoys me. We will finish strong. Next Armstrong and Gettys.
Katie Green
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Colby Ekowitz
We've all done it. You see a headline but don't have time to read the whole story. Or there's so much news you're not sure what is worth your time. I'm Colby Ekowitz, co host of Post Reports, the weekday afternoon podcast from the Washington Post. Post Reports brings you what's relevant and revealing. Breaking stories, politics, wellness, culture. Each episode goes beyond a headline for the context you need. Find Post Reports now wherever you're listening.
Christina Quinn
For some of us, personal finances aren't just personal. They include a lot more people than ourselves. Loved ones, neighbors, the communities we call home. And the causes we hold in our hearts. At Thrivent, we help plan your financial picture with the bigger picture in mind. Because even though our business is helping guide your finances, our ambition is to make it mean so much more. Thrivent where Money means more Connect with.
Ryan
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Christina Quinn
Millions of people have turned to Claude, the AI assistant from Anthropic because it just feels different. Where other AIs often sound a little robotic, Clawd has been designed with special research that informs its character, meaning that Claude just gets it when it comes to empathy and emotional intelligence. That's why Clawd has become the if you know, you know choice for dating advice, career coaching, gathering your thoughts for those important life decisions, and more. Give Claude a try for free at clawd.com that's C-L-A-U--E.com and let us know how you feel the difference this is.
Jack Armstrong
Crown Prince Mohammed bin Salman and we're together now. Kidding, of course, but we are vibing.
Joe Getty
You are too kind.
Jack Armstrong
But we've been having a lot of fun in the Middle East. I've been having a great time. We've been eating a lot of meals, sitting on the floor, dipping our fingers straight into various goops and spreads that I politely scrape under the rug and go eat at a mobile McDonald's that you built for me. Isn't that right? Ba ba ba ba ba.
Joe Getty
He's loving it.
Jack Armstrong
That guy who does Trump on Saturday Night Live is so funny. I mean, we had him before he was on snl. Is that right?
Joe Getty
Yeah, he did us a video Instagram style in his car that had a torn like ceiling liner. It looked like he was on food.
Jack Armstrong
Stamps, like he was living in his.
Joe Getty
Car and he may have been.
Jack Armstrong
And he ad libbed some hilarious stuff. We should do that for the podcast because I'm sure Katie has never heard of it and a lot of us, our listeners, have never heard of it's pretty funny.
Joe Getty
But.
Jack Armstrong
What was I gonna say? Oh, I wonder how much of that he had libs? Because we know, because we hired him to do some stuff that he had lived and was freaking hilarious. And when I was watching Saturday Night Live I thought I'll bet he had lived a lot. When he went and sat in the audience there right before the introduced the show, I thought that looked all ad lib to me. He's a funny guy. Again, my favorite line from that whole thing was I was in Abu Dhabi.
Joe Getty
Abu Dhabi.
Jack Armstrong
Do Abu dhaba doo like the great late great Fred Flintstone.
Joe Getty
What Abba dabba do? I say final, you say thoughts. Final thought.
Katie Green
Final thoughts.
Joe Getty
What are we getting? I'm trying to get it.
Jack Armstrong
Here's your host for final thoughts, Joe Getty.
Joe Getty
Let's get a final thought from everybody on the crew to wrap things up for the day. There is our technical director Michelangelo pressing the buttons. Michael, what's your final thoughts? I love Jack's idea about having a movie based on memes. But what you need is something at the beginning of each film that explains the memes to older people like me because I can't keep up.
Jack Armstrong
That's the appeal to the teenagers though. That's what I noticed both my sons like. It's the fact that we don't get it that it's an inside joke for them. That's what they love.
Joe Getty
Yes. In fact, Michael, a fellow like you would be banned from the theater. When our new brainstorm Jacks I'm gonna rip it off hits the screen. Katie Green is on assignment covering the Mexican Navy crashing into bridges. Jack, do you have a final thought?
Jack Armstrong
I'm basically going to tease a story for tomorrow that just broke from the Washington Post. An exclusive police secretly monitor entered New Orleans with facial recognition cameras after that terrorist attack. It's the first known use of this widespread in America and it happened secretly.
Joe Getty
Interesting. All right, that's a topic for another day. So my logo for the F y' all party is coming along. It will be for sale as a T shirt at the Armstrong and Getty swag stores. Soon as we're done. I've had enough of both parties. F y' all.
Jack Armstrong
Armstrong and Getty wrapping up another grueling four hour workday.
Joe Getty
So many people. Thanks. So little time. Go to Armstrong and getty.com the hot links there. Katie's corner you can pick up some a swag. If your favorite AMG fan would love a T shirt or hat.
Jack Armstrong
We'll see you tomorrow. God bless America.
Katie Green
Armstrong and Getty.
Joe Getty
What do we want to be?
Michael
Losers or winners?
Joe Getty
I want winners. We smell like winning around here.
Jack Armstrong
I think you're a star spangled awesome.
Joe Getty
They are the true heroes and everyone knows it. So let's go with a bang. All right, so I got three possible names for our new political party. Angritarians. Enough is enough. Ocrats.
Jack Armstrong
Gotcha.
Joe Getty
Or finally F y' all again.
Jack Armstrong
I know.
Joe Getty
Bye Bye Armstrong and Getty.
Michael
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Christina Quinn
I'm Molly Roberts.
Joe Getty
And I'm Drew Goins. Each Friday on Impromptu, we talk through the questions we can't stop thinking about.
Christina Quinn
Do we need to rethink how much we drink?
Jack Armstrong
Why are companies really asking workers to.
Joe Getty
Come back to the office?
Christina Quinn
Does boycotting a business actually work?
Joe Getty
Should we quit social media? We're here when the news gets personal.
Christina Quinn
And the headlines hit home.
Joe Getty
Join Molly and me every Friday on Impromptu from Washington Post Opinions Find Impromptu.
Christina Quinn
Wherever you get your podcasts. For some of us, personal finances aren't just personal. They include a lot more people than ourselves, loved ones, neighbors, the communities we call home, and the causes we hold in our hearts. At Thrivent, we help plan your financial picture with the bigger picture in mind. Because even though our business is helping guide your finances, our ambition is to make it mean so much more. Thrivent, where money means more. Connect with us@thrivent.com Sonesta Travel Pass is.
Ryan
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Christina Quinn
Millions of people have turned to Claude, the AI assistant from Anthropic, because it just feels different. Where other AIs often sound a little robotic, Claude has been designed with special research that informs its character, meaning that Claude just gets it when it comes to empathy and emotional intelligence. That's why Claude has become the if you know, you know choice for dating advice, career coaching, gathering your thoughts for those important life decisions, and more. Give Claude a try for free at Claude.com that's C-L-A-U--E.com and let us know how you feel the difference.
Jack Armstrong
You're listening to an iHeart podcast.
Armstrong & Getty On Demand
Episode: All Of My Ideas Are Stupid
Release Date: May 19, 2025
In the episode titled "All Of My Ideas Are Stupid," hosts Jack Armstrong and Joe Getty delve into a variety of topics ranging from unexpected wildlife encounters to the intricacies of Medicaid funding, the dynamics of the crypto world, and inspiring stories of unconventional paths to wealth. Interspersed with their characteristic humor and candid discussions, the episode offers listeners a blend of entertainment and insightful commentary.
The episode opens with a humorous yet bizarre incident described by Jack Armstrong—a police officer being attacked by a turkey. The discourse highlights the absurdity and unpredictability of such wildlife interactions.
Key Points:
Jack and Joe transition into a serious discussion about Medicaid funding, addressing common misconceptions perpetuated by political rhetoric.
Key Points:
Amidst their discussions, Armstrong and Getty brainstorm ideas for a new political party, humorously named the "Fy’all I Cans," reflecting their frustrations with the current political landscape.
Key Points:
The conversation shifts to the volatile world of cryptocurrency, highlighting both the financial opportunities and the associated risks, including real-world crimes targeting crypto executives.
Key Points:
Armstrong and Getty share inspiring stories from The Wall Street Journal about individuals who achieved significant wealth through niche businesses and hard work, rather than conventional tech-driven success stories.
Key Points:
The hosts critique the notion that there is a significant workforce eager to fill manufacturing jobs, addressing the disconnect between political promises and economic realities.
Key Points:
As the episode nears its end, Armstrong and Getty share final thoughts on the discussed topics, tease upcoming stories, and continue their lighthearted banter about potential new ventures.
Key Points:
"All Of My Ideas Are Stupid" presents a multifaceted episode where Armstrong and Getty balance humor with serious societal issues. From the whimsical tale of a turkey attack to deep dives into Medicaid funding and the precarious nature of cryptocurrency, the hosts deliver a compelling narrative that both entertains and informs. Their exploration of unconventional paths to wealth and critique of political promises offer listeners valuable insights and a reminder of the complexities shaping today’s economic and political landscapes.
Note: This summary excludes advertisements, intros, outros, and non-content sections to focus solely on the core discussions of the episode.