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Unknown Speaker 1
You know how we're always talking about what's next? Well, I found it. It's called Formula E. Forget everything you think you know about racing. This isn't just cars going fast. It's like a supercomputer on wheels. The tech is insane. And the drivers, they're like chess grandmasters at 200 miles per hour. You've got to see it. Trust me, you'll be hooked. Follow Formula E live on Roku next race Miami, April 12th at Ameca Insurance.
Jack Armstrong
We know it's more than just a house. It's your home. The place that's filled with memories. The early days of figuring it out to the later years of still figuring.
Joe Getty
It out.
Jack Armstrong
For the place you've put down roots. Trust Amica Home Insurance Ameca Empathy is our best policy.
Unknown Speaker 2
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 at@thrivent.com there's an efficient way to get caught up on a lot of news. It's called the seven from the Washington Post. It's a newsletter and podcast. Whether you're reading or hit play, you get seven stories you need to know and you can consume it all in just a few minutes. The 7 is out every weekday morning by 7:00am Eastern. I'm Hannah Jewell. I'm one of the writers and I host the show. Find the seven Podcast wherever you're listening. The newsletter link is waiting for you in the show notes.
Joe Getty
I'm Rodney Williams.
Jack Armstrong
And I'm Travis Holloway. Welcome to the wealthbreak podcast, a real conversation about finance.
Joe Getty
Let's be honest, building wealth doesn't look the same for everyone. I feel like sometimes being broke is a cycle and that we might have.
Jack Armstrong
To revisit that and we're not stopping at success stories. What happens when it doesn't go right? How do you cope with it?
Joe Getty
Because wealth isn't just about money. It's about creating a life where you thrive and help others do the same.
Jack Armstrong
Listen to the Wealth Break podcast on the iHeartRadio app, broadcasting live from the Abraham Lincoln Radio Studio at the George Washington Broadcast Center. Jack Armstrong and Joe Getty. Armstrong and Getty.
Joe Getty
And now he's Wally, gagging out in the hallway reading.
Jack Armstrong
Chicken Jockey live From Studio C, senor.
Joe Getty
A dimly lit room deep within the bowels of the Armstrong and Getty Communications compound. And hey y'all. Today we're under the tutelage of our general manager.
Jack Armstrong
We're down to two candidates. Jack the bag of bricks or the Nazi.
Joe Getty
Oh boy.
Jack Armstrong
Public feud.
Joe Getty
How y'all doing? Here's a question I got for you. I'm hoping you can answer. So the Overall headline that 104% tariffs on China kicked in at midnight last night.
Jack Armstrong
Yes.
Joe Getty
Is that accurate? Is there anything beneath that that I'm missing? Because it seems accurate. From what I can tell, that just seems true.
Jack Armstrong
Well, I would agree. Yeah, I haven't heard anybody contradict it.
Joe Getty
So then what is that going to mean for since God. There's a lot of things that are made in China that come into the United States. Yeah, lots and lots and lots. What was like house and how soon are we going to notice?
Jack Armstrong
Well, that it depends on the product. A lot of companies have enough inventory that it'll be a little while. But it depends what good you're talking about. The, the hallmark of the modern global trade system is just in time delivery with a little leeway if you're getting something from thousands of miles away. But it is. Some will be like next week, I'd imagine. So you order your few months cheap.
Joe Getty
Electronic or pair of underwear or. I was watching the news last night. There they were showing a home builder and they're walking through this house he's building and he said all those brackets up there come from China. All these things come from China. This all comes from China. Lots of stuff in the house he was building came from China.
Jack Armstrong
Yeah.
Joe Getty
And 104% a lot. So China today like hours ago announced an additional 50% tariff. So now we're up to 84. Is that the right number percent on our stuff going into China?
Jack Armstrong
It's a trade war, Jack. We're at war with China.
Joe Getty
104% versus 84%. So that's. Wonder how long that'll last.
Jack Armstrong
I would gladly sit through a multi hour lecture on the desire to decouple from China versus the realities of it. Because it is a complex stew. Just mentioned the other day, I guess it was yesterday that a survey of hundreds of US companies showed that, you know, a pretty fair plurality of them say no, we're not changing anything. And a decent minority of them said yeah, we're actually hoping to grow our relationship with China.
Joe Getty
That's crazy. Yeah, we are decoupling with China like completely is going to Happen.
Jack Armstrong
Yes. There are a couple of espionage stories that float below the gaze of the mainstream media right now because they're extremely uncomfortable. We wouldn't want to cause a backlash against Chinese researchers and students, so they don't report on this stuff at all. But I think if the tangerine tornado, NATO gets wind of some of this stuff, that is not going to ratchet down the fervor with which he is confronting the dirty commies. Wow, though.
Joe Getty
104% tariff on all Chinese goods coming into the United States. That's something.
Jack Armstrong
Does it last three days or the rest of our lives? Nobody knows.
Joe Getty
Doubt it's the rest of our lives. Although the decoupling with China, I just don't see any way how that doesn't happen. So that's a separate topic than, you know, a way different topic than Mexico and Canada and Europe and everything. I mean, because, yes, we have to. We have to decouple from China.
Jack Armstrong
They're.
Joe Getty
They're our enemy. We'll be at war before you know it. So, yeah, so that's a different situation.
Jack Armstrong
Yeah. I mean, if Mexico were to say, we are going to withhold your critical pharmaceuticals and technical equipment and bring you to your knees, we say, oh, that's cute. Okay. But if China did it during a war or if they cause another damn pandemic, it would have serious problems. Yeah, it's a completely different case. And that's the one thing that's bothered me a little bit about some of the MAGA crowd, that you'll say, why the hell are we punishing Canada? They'll say, but China, you know, okay, it's different.
Joe Getty
And Trump also announced, this is brand new, really going after the pharmaceutical industry, big tariffs to keep, to try to force companies to make their pharmaceuticals in the United States. Which, speaking of the pandemic, we all found out we don't make anything in the United States. It all comes from somewhere else, China. And that might be a good idea, but how long does that take, if it happens at all? And what is the, what does the cost of all of our drugs starting, like, next week going to be?
Jack Armstrong
Right. Wow, that's a good point. Because not only the finished drugs, but a lot of the precursors come from China for the stuff that we do make in the U.S. so, I mean, I got to believe we as a country could crank out our own ibuprofen. But, yeah, the prescription stuff, I don't even know where, you know, I'm on a couple of prescriptions, the try not to have a heart attack variety Pack. And I have no idea what the origin is. So. You're right. That could be a huge disruption. And you know me, I despise central planning. Just despise it. But this is a legitimate national security concern. Yeah, sure as bullets.
Joe Getty
Yeah, definitely. Your fentanyl is going to be higher, too. Those of you who enjoy fentanyl, knowing that a little something to take the edge off at the end of the day.
Jack Armstrong
If you're listening via podcast under a bridge might want to do a little financial planning because it could get more expensive. Of course, it's practically free.
Joe Getty
Is it? I have no idea. Is fentanyl really cheap?
Jack Armstrong
A lot of the drugs that people are just ruining their lives on, they're zombies in the streets. We've all seen them. Well, people in blue states have seen them. Yeah.
Joe Getty
A lot of you have never seen them. Yeah. I always have to remember that.
Jack Armstrong
These junkie camps you talk about, what do they look like? Most of America wonders because they're not permitted.
Joe Getty
Like, Haiti looks like Haiti. Like.
Jack Armstrong
Yeah, Picture Haiti on a bad day.
Joe Getty
Like a block from where. Where we're standing right now.
Jack Armstrong
Very. A little Haitian feel to it. Yeah. Anyway, yeah, that's. That's part of the problem with the scourge of these drugs is they're so freaking cheap.
Joe Getty
Wow. So that's a new thing, right? Like, cocaine was expensive, wasn't it?
Jack Armstrong
Oh, yeah. And then meth was good deal cheaper. But you know that I. And I don't know much about the pricing policies of cartels, but maybe it's because the stuff's reasonably easy to make. It's just flooded the streets. And, you know, I've seen a couple of those junky videos. Some of the activists in San Francisco want the stuff cleaned up. And I remember a couple of zomboids saying, yeah, I can. I can get enough for $7 to keep me high for a couple of days.
Joe Getty
Wow. You don't have to steal a lot to.
Jack Armstrong
That was not the case in the go go 80s when I was dancing at Studio 54 with Mick Jagger and Donald Trump. A line of the Bolivian marching powder had cost you, my friend. Trust me when I tell you that.
Joe Getty
One note before we start the show officially, the NBA season's. What, got two games left or something like that. The Denver Nuggets fired their coach three days before the playoffs start as a four seed. They won the world championship two years ago. They got the best player in the world, and they fired their coach. It's a very odd story for sports. Yes. Michael isn't that weird.
Jack Armstrong
Yeah, it is weird. We know what's going on there.
Joe Getty
It never happened. But they're just.
Jack Armstrong
Did the owner catch the coat? Coach full court pressing his trophy wife or something?
Joe Getty
It's a coach and the gm. So they got rid of both of them at the same time? Yeah. It's the latest this has ever happened, ever with a winning team. Certainly it happened this late once with a team that was like 11 and 70 or something, which you could kind of imagine ever in history. I mean, because why would you do that? The playoffs start like this weekend.
Jack Armstrong
Well, that definitely has a feel of caught with. As the old saying in politics went with a live boy or a dead girl.
Joe Getty
I think it's. I don't know.
Jack Armstrong
I mean, I'm not suggesting that's true, but extraordinary.
Joe Getty
You would. You would think so.
Jack Armstrong
Did he get an official? Did they. It was because it's two guys. Did they get in a fist fight with their star player?
Joe Getty
Did Joker just come to the owner and say he's got to go or I'm not playing or something?
Jack Armstrong
Yes, sir, Mr. Jokic. Yes, sir. Yeah.
Joe Getty
Let's start the show officially. I'm Jack Armstrong. He's Joe Getty on this. It is Wednesday, April 9, the year 2025. We're Armstrong and getting. We approve of this program.
Jack Armstrong
Let's leap into action officially now, according to FCC rules and regulations. Here we go at mark. We will not be silenced. The silent riot has begun. We will not be silenced.
Joe Getty
A silent riot. We will not be silenced.
Jack Armstrong
The silent riot has begun. We will not be silenced.
Unknown Speaker 2
The silent riot has begun.
Joe Getty
What is that?
Jack Armstrong
It's the world's most idiotic TikTok slash Internet trend. Now, brave progressive activists have begun what they call the silent riot, all right. By staring silently at their phones and then posting it online. Okay, this is, folks, the bottom.
Joe Getty
Is this the modern version of tree falling in a forest? It's gotta be.
Jack Armstrong
It's certainly the peak of Mount Everest of meaningless hashtag activism. You people are a parody of yourselves. To call you a jackass is hurtful to jackasses. Good lord. You talk about a limp shrimped effort at whatever they're efforting.
Joe Getty
I know a couple of people who live online, more or less. I have to talk about that later. It's it. The. The rest of us who don't, it. It doesn't make sense. But if you live online, it's all. All that sort of stuff kind of makes sense.
Jack Armstrong
I will look forward to hearing that.
Joe Getty
Just a different way of viewing the world like literally a different way of viewing. Viewing the world anyway, right?
Jack Armstrong
Yeah.
Joe Getty
Katie's headlines on the way. Got mailbag some more news of the day. You know, checking on the stock market for whatever that's worth. But yeah, 104% tariff on China has kicked in. 100%.
Jack Armstrong
Not enough.
Joe Getty
It's like your coach, I want you to give 110%. We're Chinese. You got to give 104%. We got all that on the way. Our text line is 415295KFTC.
Unknown Speaker 2
Armstrong and Getty.
Unknown Speaker 1
You know how we're always talking about what's next? Well, I found it. It's called Formula E. Forget everything you think you know about racing. This isn't just cars going fast. It's like a supercomputer on wheels. The tech is insane. And the drivers, they're like chess grandmasters at 200 miles per hour. You've got to see it. Trust me, you'll be hooked. Follow Formula E live on Roku. Next race, Miami, April 12th at Ameca Insurance.
Jack Armstrong
We know it's more than just a house. It's your home. The place that. That's filled with memories. The early days of figuring it out to the later years of still figuring.
Joe Getty
It out.
Jack Armstrong
For the place you've put down roots. Trust Amica Home insurance. Ameca Empathy is our best policy.
Unknown Speaker 2
This message comes from Greenlight. Ready to start talking to your kids about financial literacy? Meet Greenlight, the debit card and money app that teaches kids and teens how to earn, save, spend wisely, and invest with your guardrails in place. With Greenlight, you can send money to kids quickly, set up chores, automate allowance, and keep an eye on what your kids are spending with real time notifications. Join millions of parents and kids building healthy financial habits together on Greenlight. Get started risk free@greenlight.com iHeart. I'm Molly Roberts.
Jack Armstrong
And I'm Drew Goins.
Unknown Speaker 1
Each Friday on Impromptu, we talk through.
Jack Armstrong
The questions we can't stop thinking about.
Unknown Speaker 2
Do we need to rethink how much we drink?
Jack Armstrong
Why are companies really asking workers to come back to the office? Does boycotting a business actually work? Should we quit social media? We're here when the news gets personal.
Unknown Speaker 2
And the headlines hit home.
Jack Armstrong
Join Molly and me every Friday on Impromptu From Washington Post opinions.
Unknown Speaker 2
Find Impromptu. Wherever you get your podcasts.
Jack Armstrong
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Joe Getty
How y'all doing?
Jack Armstrong
How you doing?
Joe Getty
Got funny clip from the news last night. We're going to play for you later. I really enjoyed the evening newscasts in serious voices saying Elon Musk, who called Mr. Navarro dumb as a sack of bricks.
Jack Armstrong
And Peter Ricardo, which I do not approve of.
Joe Getty
Yeah, yeah, yeah, that's Elon. Love it. That's some low level commentary right there.
Jack Armstrong
Wow, wow, wow. Also coming up, speaking of efforts at humor, one of our most dryly hilarious emails in the history of the show. Jack, you will appreciate it very, very much. So much to talk about today. Let's get started. Who's reporting what? The lead story with Katie Green.
Joe Getty
Katie, Starting with NBC, Americans rush to.
Jack Armstrong
Stores to stock up as Trump's tariffs take effect. I'm stocking up on dire wolf food for one, cuz I'm getting me one of those.
Joe Getty
That's hilarious.
Jack Armstrong
Well, I talk more about that. It might be closer to a dire wolf than we gave it credit for. Back to you.
Joe Getty
Are you sure?
Jack Armstrong
Nobody seems to be sure.
Joe Getty
I do look forward to talking about that then. So is that a good idea? Is this like dumb panic to go out to stores and buy stuff or does this make perfectly good sense cuz all these things are going to be more expensive?
Jack Armstrong
Seriously varies product by product. I haven't seen a solid list of what's likely to go up fastest. There may be one out there. If you've seen it, email a link mailbag@armstrong getty.com I know we got a.
Joe Getty
News report on the iPhone, but there's, there's got to be some like some expensive electronics that are going to be quite a bit more expensive soon.
Jack Armstrong
Mm. From Daily Mail.
Joe Getty
Chinese launch humiliation. A video campaign mocking Americans and Trump's tariffs. Did you guys see this? No.
Jack Armstrong
It's an AI video and they've got a bunch of fat Americans working in.
Joe Getty
A sweatshop, basically putting, you know, sewing little bras together and they're all out of breath and look like they don't know what they're doing. And then at the very end it says make America great again.
Jack Armstrong
I'm going to post it on Katie's.
Joe Getty
Corner so you'll be able to see it. First of all, where's the lie? Secondly, why have the bombs not begun falling on Beijing?
Jack Armstrong
Oh Lord, you're a maniac. Careful.
Joe Getty
Mock us for being a little hefty.
Jack Armstrong
What are you going to take a potshot at the Princess Sarajevo or Francis Ferdinand or whatever he was? Start a world war, you maniac.
Joe Getty
You start mocking our body shape. That's where I cross the line. Come on, China.
Jack Armstrong
From Fox News, new bombshell study reveals.
Joe Getty
Quote, assassination culture spreading on the left.
Jack Armstrong
Yeah, we talked about this yesterday and I was gonna reset it today. The tolerance, or at least the stated tolerance for severe political violence on the left is crazy high. Speaking of assassinating archdukes or tech billionaires or presidents, from ABC News, lawyer I hope the Secret Service, for instance, I hope the Secret Service has figured out that whole, oh, on top of a building with a clear line of site to assassinate the guy. Probably ought to eliminate that.
Joe Getty
Yeah, well, there's an update on the other wannabe assassin that came out yesterday. Really interesting. We'll get to that later.
Jack Armstrong
Well, and in a related story, the worship of Luigi Mangioni.
Joe Getty
Ah, so weird.
Jack Armstrong
Gunned down that young father who happened to work for a healthcare company. From ABC News, lawyer for man deported.
Joe Getty
In error to to El Salvador. Expects him to be returned to the United States.
Jack Armstrong
Okay, we'll follow that one.
Joe Getty
Yeah, I was listening to one of my favorite news, like serious news shows kind of chuckling about that whole thing and I thought it's not that funny. You know, we grabbed a guy that shouldn't have had been sent to one of the world's worst prisons and sent him over there without due process. It's not good. Yeah, that's really not good.
Jack Armstrong
From Forbes, Nintendo did not price in Trump's tariffs for the Switch 2 and.
Joe Getty
That'S why they halted the release, which was gonna be a very big deal. That's why they had giant cardboard things outside of Best Buy over the weekend. But they put those away quietly. From the LA Times, Youth soccer coach charged with murder in death of 13 year old boy. So yesterday I said, well, that's the worst headline I've ever seen when I saw that story. And we don't usually talk about these one off random horrible things. The reason I wanted Katie to bring that up is I saw that story everywhere yesterday and it wasn't until I was watching FOX last night that I saw that he's an illegal immigrant. So that was left out of every single story, including that LA Times story. That he's here illegally and LA police were investigating him last year for sexual abuse of some kid.
Jack Armstrong
But the progressive DA's did not want to charge him because he's a person of color, just because he's a child rapist. So they turned him loose. Again. Folks, you can't fight hard enough against the progressive lunacy.
Joe Getty
And are you going to tell me it's not interesting? It's not worth putting in a very long article the fact that the guy's here illegally. It's because you like that whole narrative of natural born Americans commit more crimes than illegals do. Well, okay, not this one from the New York Post. 81 year old New York City woman.
Jack Armstrong
Stranded in Puerto Rico as airline denies.
Joe Getty
Her emotional support parrot. From boarding an emotional support parrot.
Jack Armstrong
I just fall apart without my parrot.
Unknown Speaker 2
Polly wants to come.
Jack Armstrong
Polly wants you calm. And finally, the Babylon Bee.
Joe Getty
And yet another cruel blow to China. General Zhao's chicken will now be renamed General John. General Don's Oriental Chicky Nugs. Oh, that's.
Jack Armstrong
That's a cumbersome name.
Joe Getty
Yeah, man, we got a lot to catch you up on. Ah, boy. If you know anything about what's going to start going up in price so I can run to Costco and buy it, let us know. Text line 415295K.
Jack Armstrong
FTC, Armstrong and Getty.
Unknown Speaker 1
You know how we're always talking about what's next? Well, I found it. It's called Formula E. Forget everything you think you know about racing. This isn't just cars going fast. It's like a supercomputer on wheels. The tech is insane and the drivers, they're like chess grandmasters at 200 miles per hour. You've got to see it. Trust me, you'll be hooked. Follow Formula E live on Roku. Next race, Miami, April 12th at Ameca.
Jack Armstrong
Insurance, we know it's more than just a car or a house. It's the four wheels that get you where you're going and the four walls that welcome you home. When you combine auto and home insurance with Amica, we'll help protect it all. And the more you cover, the more you can save Ameca. Empathy is our best policy.
Unknown Speaker 2
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Joe Getty
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Jack Armstrong
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Unknown Speaker 2
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Joe Getty
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Unknown Speaker 2
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Jack Armstrong
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Jack Armstrong
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Unknown Speaker 2
Peter Navarro thinks Musk is taking advantage of unfair trade policies at the risk of American prosperity. Elon, what's your response?
Jack Armstrong
Musk. Calling him a moron and dumber than a sack of bricks. There's the latest.
Joe Getty
Calling him Peter Retardo.
Unknown Speaker 2
Powerful counterpoint. Powerful. God, I hope Elon Musk never has to defend himself in court. Ladies and gentlemen of the jury, Gay. I rest my case.
Joe Getty
Oh my God. Peter Rittardo.
Jack Armstrong
You know, I can't decide if I'm horrified, and I am on one level, but I'm kind of grateful for it. I mean, I don't know what I.
Joe Getty
Think about it either. On one level, I'd like our discourse to be higher. But Peter Navarro coming out yesterday and saying Elon Musk is not a car builder, he's a car assembler. Maybe he designed the whole thing. He's a rocket scientist. The. The Tesla S is the lowest drag coefficient of any vehicle that's ever been on the road. Designed by the right. I mean, what, What? Why, why would you. That's dumb. That's not. How is that better than Peter Ricardo? It's just a lie.
Jack Armstrong
If Donald Trump suggested to Peter Navarro that he should bulldoze an elementary school full of children, he would do it. Not that Trump would ever do that. But yeah, Navarro would do or say literally anything to serve Donald J. If he thought it would please the man.
Joe Getty
So the Dow's only down a couple hundred points with the 104% Chinese tariffs kicking in at midnight last night.
Jack Armstrong
Waiting game, Willie or Woney? Is this permanent? Is this real? How about all the other countries? It feels like he's looking for settlements. What's happening?
Joe Getty
Right? More on that later.
Jack Armstrong
Yeah, more on all sorts of stuff later, including the fact that Gavin Newsom continues to just plainly, openly run for president. He has declared that California will cut its own trade deals with other countries, even though that's not a thing.
Joe Getty
Wow. I gotta keep reminding myself I'm going to the DMV today with some. Something complicated, so I need to screw my courage to the sticking place and, like, be mentally prepared so I don't. So I don't fall apart.
Jack Armstrong
Start your breathing exercises. Now.
Joe Getty
There's nothing I hate more than paperwork in general. And you add in a layer of, like, middle level government wanting to make your life worse.
Jack Armstrong
Oh. Oh. You know, I am grateful for my wife for a number of reasons. You know, my best friend, the mother of my children, etc. The usual stuff. But I didn't get my sticker for my car. It just never showed up. Even though it was supposed to have.
Joe Getty
See, like that sort of thing right there is just a. Oh, my God. How do I not deal with this sort of situation for me?
Jack Armstrong
Well, one. Exactly. So my beloved Judith says to me, okay, I have the receipt for the payment and I have the paperwork that showed that blah, blah, blah, blah, blah. So we'll need to go to the dmv, like, hands them to me. I'm like, oh, thank God. Yeah. If it were up to me, I would just go outlaw. I would drive only at night. Stolen license plates, stolen car, probably. I don't know. Before I waded into the thicket of. God help us, that is dealing with the government.
Joe Getty
Oh, my God. Yeah.
Jack Armstrong
Yeah. Anyway, so a lot of really newsy stuff to talk about, but a couple of slightly less heavy things just because we both found them very, very interesting. And I don't know about y'all, but just constantly taking on the. The heaviness of the news. I think it's bad for your soul, but. So did these scientists actually create a dire wolf or not?
Joe Getty
Or are they basically gray wolves with white hair?
Jack Armstrong
Yeah, yeah. Somewhat bigger than normal. But the New York Times, when it's not being horrifically biased and idiotic, does some pretty good long form reporting. And their headline is scientists revived the dire wolf or something. Close. And they took a pretty balanced look at it.
Joe Getty
Okay, I want. I want to hear the details on that because there's something close. See, I could get to what I was talking about yesterday. I get that it's 99% the same, but we're 99% the same as chimpanzees. And as you can see, for most of us, we're still quite different.
Jack Armstrong
Although Michael can handle the equipment with his feet brilliantly in the control room. Yeah, so some of us are more chimpy than others. Anyway, Michael, he looks worried by some tech. Oh, he's talking to Hanson. I was like, generally my silly jokes, Michael at least enjoys on some level. But he looked terribly serious about it. I hadn't seen he was talking to Hanson. I'm sorry. Yeah, everything's great. I'm sorry. I missed something.
Joe Getty
Hey, call no monkey. We got to move on.
Jack Armstrong
I did not call you a monkey. All right, moving along. So these folks at the company's called Colossal Biosciences, they have now edited 20 genes of gray wolves to imbue the animals with the key features of dire wolves, because they found some old Direwolf DNA, and they've essentially sliced in 20 little chunks of it. Then they created embryos from the edited gray wolf cells and planting them in a surrogate dog mother and waited for them to give birth. And as New York Times puts it, the result is three healthy wolves that have some traits of dire wolves. They are big, for one thing, and have dense, pale coats not found in gray wolves. All right, so they're kind of a halfway between. And they also mentioned that a couple of years ago, hybrids between the red wolf, which I wasn't really familiar with. It's like if you saw trotting along the roadside, you'd say, oh, a stray dog. A weird straw. Really, really weird stray dog. And coyotes had bred in the wild, apparently. So now they're going to clone them and introduce them to improve the genetic diversity in the Carolinas, for instance. So these people are doing some semi legitimate work. Whether that's a direwolf or not is. It's not.
Joe Getty
Well, how about you? So they are going to open up some sort of, like, Jurassic park zoo with extinct animals that they're bringing back this and the woolly mammoth that they plan to in a couple of years. Would you drive to and pay to get in to see a gray wolf that. With white hair, that weighs slightly more and its hair is a little thicker? I wouldn't.
Jack Armstrong
Unlikely. How about a completely convincing woolly mammoth? If I just. A hairy elephant brought Back.
Joe Getty
A woolly mammoth. Like this is a woolly mammoth. This is exactly like what roamed the earth 30,000 years ago or whenever it was. Yeah, I would. But if it's just a hairier elephant with some of the genes altered. No.
Jack Armstrong
Yeah, interesting. Where's the lawn line? I don't know. Moving along. Speaking of science and that sort of thing, late in the show yesterday, I'd mentioned a fairly funny meme going around Asian American circles about this bloke by the name of Johnny Kim. He's 41 years old. He is or has been a Navy Seal. Then he graduated from Harvard Medical School.
Joe Getty
Wow.
Jack Armstrong
And on Tuesday, he blasted off as part of his latest act. He is an astronaut in space. Navy Seal, Harvard doctor astronaut. And the joke is, thank God my mom doesn't know this guy's mom among Asian Americans, you know, the whole tiger mom thing. And, and I thought that was pretty amusing. But then I read on Jack, and when he was a child, his alcoholic, abusive father pulled a gun on the family and then retreated to the attic where he was shot dead by the police. And this young lad's desire to physically protect his mother and brother led him to become a Navy seal.
Joe Getty
You know, it's quite a story before you go any further than I'm just.
Jack Armstrong
Starting, but go ahead.
Joe Getty
I think about this sort of thing a lot. A lot of successful people have, you know, interesting backstories and, you know, with. With some sort of difficult thing they had to overcome. You know, you had a speech impediment or, you know, whatever it was. But then, so do a lot of drug addict losers in life have, you know, you could picture that story of my dad pulled a gun on the family and the police shot him. And that's why I became a meth addict and have never been able to have a real relationship. I mean, so how do some people break one way and some people break the other way? Wow.
Jack Armstrong
Has anybody ever figured that out? If we could tease that out, we could change humanity. I don't know. I was told that at an early age that, all right, that, that thing you're saying is an impediment. It's a hurdle. Are you going to stand there and look at the hurdle and say, well, this is over. Are you going to leap over it now? I happen to have whatever genetically or by upbringing or religion or something, the sort of, you know, mind that I say I'm leaping over the frigger. Are you kidding me? Some people don't, but some people would have the story.
Joe Getty
You've heard the story of like we, we, we moved around all the time as a kid and I could never form relationships. So I became really good at making friends and fantastic at sales. And then the other person shoots up a school with the same, you know, situation. I don't know. I don't know how that works. I guess God only knows.
Jack Armstrong
Yeah, I think that is a good summary of it. Yeah. So more of this guy's story because it gets more and more interesting in a moment. Don't hate him. Please don't hate him. Prize Picks Best place to get real money Sports action. You just pick more or less on at least two player stat projections for a shot to win up to a thousand times your cash. And you can combine sports. You got a theory on a baseball game and a basketball game. Combine the sports in your lineup.
Joe Getty
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Jack Armstrong
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Joe Getty
I will.
Jack Armstrong
Okay, so this guy became a Navy seal. Then he was playing Ultimate Frisbee and he really messed up his ankle and he was going to join the Navy as an operations specialist, but it was a problem, the ankle. So a recruiter steered him toward becoming a medic. Bright guy, obviously. In 2005, Mr. Kim joined SEAL Team 3, serving as a medic and sniper, among other roles. He earned a Silver Star and a Bronze Star for treating wounded comrades during two tours in Iraq, an experience that motivated him to attend medical school. First college at the University of San Diego, where he worked odd jobs, including handing out parking tickets. Quote, never think you're too good for any job, he said on a famous podcast, saying that the gig taught him to stay humble. You know, if I were not a straight guy, I'd be falling in love with this guy. Anyway, so then comes Harvard Medical School, where he juggles studies, fatherhood and exercise on a 3:30am wake up schedule. And then here's one of the parts that I found so interesting. He needed time hacks to study. And he found one called spaced repetition learning using electronic flashcards of the information he was supposed to learn and how this all works specifically, I don't know, but the key term is spaced repetition learning. But. So he had these electronic flashcards and he graded each card from one, I have no clue about this to top priority to 5. Easy answer. Don't waste my time. In the next session, the system showed him the cards at varying frequencies that would optimize learning. And he says there are small things you can do to enhance your memory retention. Wow. I've never in my life heard of spaced repetition learning. Why not? Because the teachers unions are probably quashing it in favor of, you know, learning about the genderbred man or whatever. So while he's studying medicine, he meets this physician turned astronaut who says, you're really bright. You'd probably be a good astronaut. And he liked the idea. So he applied to NASA's astronaut program and got accepted the first time. Said the guy who hit him with the idea is really superhuman. He's the world's most interesting man. The Dos Equis guy in real life.
Joe Getty
And then he was overheard playing the oboe as he tries to get to sleep. And somebody said, you should be first chair oboist in the philharmon.
Jack Armstrong
Now he is.
Joe Getty
And now he is.
Jack Armstrong
Final note on this guy. At the astronaut graduation, Houston, Ted Cruz talked about how ridiculous it was that he was already Navy seal and Harvard trained doctor. He can kill you and then bring you back to life and do it all in space.
Joe Getty
Said Cruz.
Jack Armstrong
Johnny Kim. Wow.
Joe Getty
I would like to mention that earlier in the show I talked about how overwhelmed I am by having to go to the DMV today. So different people are built differently.
Jack Armstrong
Clearly.
Joe Getty
Got mailbag on the way.
Jack Armstrong
Stay here.
Unknown Speaker 1
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Jack Armstrong
We know it's more than just a house. It's your home. The place that's filled with memories. The early days of figuring it out to the later years of still figuring.
Joe Getty
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Jack Armstrong
For the place you've put down Roots Trust Amica Home Insurance, Ameca Empathy is our best policy. Okay, Real talk, We're all kind of.
Joe Getty
Hooked on our phones. It's full of shiny apps designed to keep your attention captive forever. But there's real life stuff to do other than scrolling, and I'm here to help. I'm Christina Quinn, the host of Try.
Jack Armstrong
This, a podcast from the Washington Post.
Joe Getty
The show explores solutions for life's common problems, and this season we're learning to.
Jack Armstrong
Tame the dopamine beast and reclaim our attention in this noisy and distracting world. So let's tame the beast together. Find Try this from the Washington Post Wherever you listen, you know Israel is still under attack. Missile fire has resumed from the Houthis, Hezbollah, Hamas enemies seeking Israel's destruction. This is the reality since October 7, 2023. Parents now taking their kids to school, falling to the ground to lay on.
Joe Getty
Top of their small children to protect.
Jack Armstrong
Them because sirens are blaring because of incoming rocket attacks. The next attack against Israel is happening right now. That's why your generosity is critical. That's why we have partnered with the International Fellowship of Christians and Jews to help provide not only humanitarian assistance, but.
Joe Getty
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Jack Armstrong
Bulletproof vests for first responders and so much more.
Joe Getty
Call now 888-488-IFCJ 888488 ifcj or one word supportifcj.org that's one word supportifcj.or or.
Jack Armstrong
88488 ifcj for some of us, personal.
Unknown Speaker 2
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 an hour to can.
Joe Getty
You handle this or not? A lot of you don't want to hear any negative stuff from some liberal economist about Trump. But conservatives loved Larry Summers when he was predicting inflation from the Biden spending spree and he turned out to be right and they quote him all the time. Are you willing to listen to what he's got to say about the Trump tariff stuff?
Jack Armstrong
I am certainly a little frightening and.
Joe Getty
We'Ll get to that now or two.
Jack Armstrong
Here's your freedom loving quote of the day from the brilliant Thomas Sowell, sent along by Jeff. And we appreciate it, Jeff. I love this. There was a time when we honored those who created the prosperity and the freedom that we enjoy. Today. We honor the complainers and sue the creators. Perhaps that is inevitable in an era when we no longer count our blessings, but instead count all of our unfulfilled wishes.
Joe Getty
Wow, that's pretty good. Who is that soul?
Jack Armstrong
That's really good, Mailbag.
Joe Getty
That's disappointing.
Jack Armstrong
Yeah, I know, I know. Cultures change and they change back again. Which is why, you know, I keep fighting the fight. Speaking for myself. Drop us a Note, mailbag@armstronggetty.com okay, here it is. I promised you one of the most dryly hilarious emails in the history of the show. Long vaunted history. This is from Sean. Jack, I've probably oversold it. You guys are talking about tariffs when the US is only 175 days away from the next potential government shutdown? That's pretty good.
Joe Getty
Oh, Sean, that is pretty good.
Jack Armstrong
Oh, boy. How about this interesting note from Nick? Joe, out of curiosity, do you get much pushback via email from Muslims when you describe fundamentalist Islam on the air? Your description matches my perception. Haven't for ages. Nick. Partly because I'll just speak for myself. But Jack, certainly I put you in the same category. Our description of fundamentalist Islam is accurate. It is indisputably accurate. And some of the activist groups know they're wasting their time with us. Um, number one, we can't be bullied. And number two, the. The whole. Anybody who criticizes fundamentalist Islam is an Islamophobe. It should be silenced. Those days are long gone. Nobody's buying their crap.
Joe Getty
I came across on Instagram, like somebody I hadn't talked to in many, many years know very well, and their post was about how they converted to Islam. And I thought, wow, wow, that is really interesting. I might have to reach out to them and say, okay, what's the dealio?
Jack Armstrong
Yeah, interesting. As long as they don't want Sharia law imposed, the Western world. Yeah, you worship God as you see fit. Just stay away from my Constitution, please. Let's see this from Tom. Great note. Like many Americans, I'm very concerned about Communist China's aggressive push to global dominance. This push is fueled in large part by stolen intellectual property. I'm sure it's been discussed as a possible point of leverage, but I never hear Trump nor his advisors mention the thousands of Chinese students in our universities. Years ago, I heard there were as many as 250,000 PRC students in this country. I live in a small 50,000 population college town in Oregon, and it enrolled 1500 Chinese students just a few years ago. I believe it's fair to assume that every Chinese exchange student visiting professor is fully vetted by the communists and is here with the primary purpose of advancing the communist cause at our expense.
Joe Getty
That's a tough road to go down looking, you know, looking. Are you going to look at every Chinese college student as a spy?
Jack Armstrong
I would say I would agree with him that they are here with the primary purpose of advancing the communist cause at our expense. Some it might simply be to get educated and go back to China with a great American education, strengthen China and thereby weaken the United States. It might be as innocent as that. Wow.
Joe Getty
Joseph Getty or Joseph McCarthy.
Jack Armstrong
On the other hand, there are absolutely scholars and students who are here with the avowed purpose of espionage.
Joe Getty
If I'm absolutely certain, if I'm the Communist party, why do I let anybody come to the United States who isn't somehow benefiting us?
Jack Armstrong
Right. Even if indirectly and innocently, of course. Yeah, that's absolutely true, Tom. I won't get into the state of our universities, he writes, which you cover beautifully and often. However, eliminating corrosive foreign influence can only help. I would agree. We were so naive about the Chinese. Steve, also from Oregon, writes Bringing back the direwolf. Has anyone not seen Jurassic Park? In the dozen or so sequels, this never ends well. It always ends with people running, screaming and Jeff Goldblum looking serious.
Joe Getty
Yeah, my son hit me with some quote from Jurassic Park. I guess it's a famous quote. Something about playing God and how it turns out or something. But yeah, you do have to wonder about that.
Jack Armstrong
And finally, we don't have time for this. Maybe we can squeeze it in. Next hour, our story about the infamous San Quentin prison in California being turned into a Norwegian style counseling center. A close relative of a San Quentin inmate weighing in on the controversy.
Joe Getty
Okay, we had a little news about that horrifying prison in. Is it in Venezuela?
Jack Armstrong
El Salvador.
Joe Getty
El Salvador. Oh, my God. The more you learn about that place. Whoo. What do I gotta do to make sure I never end up there?
Jack Armstrong
Yikes. No San Quentin if you miss a segment, gets podcast.
Joe Getty
Armstrong and Getty on demand.
Unknown Speaker 2
Armstrong and Getty. 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 Thriven, 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 you know how we're.
Unknown Speaker 1
Always talking about what's next. Well, I found it. It's called Formula E. Forget everything you think you know about racing. This isn't just cars going, going fast. It's like a supercomputer on wheels. The tech is insane and the drivers, they're like chess grandmasters at 200 miles per hour. You've got to see it. Trust me, you'll be hooked. Follow Formula E live on Roku next race. Miami, April 12th.
Joe Getty
It's tax season and by now I.
Jack Armstrong
Know we're all a bit tired of.
Joe Getty
Numbers, but here's an important one you need to hear. $16.5 billion. That's how much money in refunds the.
Jack Armstrong
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Joe Getty
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Jack Armstrong
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Joe Getty
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Joe Getty
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Unknown Speaker 2
There's an efficient way to get caught up on a lot of news. It's called the seven from the Washington Post. It's a newsletter and podcast. Whether you're reading or hit play, you get seven stories you need to know and you can consume it all in just a few minutes. The 7 is out every weekday morning by 7:00am Eastern. I'm Hannah Jewell. I'm one of the writers and I host the show Find the seven podcast. Wherever you're listening. The newsletter link is waiting for you in the show notes.
Joe Getty
I'm Rodney Williams.
Jack Armstrong
And I'm Travis Holloway. Welcome to the wealthbreak podcast, a real conversation about finance.
Joe Getty
Let's be honest, building wealth doesn't look the same for everyone. I feel like sometimes being broke is a cycle and that we might have.
Jack Armstrong
To revisit that and we're not stopping at success stories. What happens when it doesn't go right, how do you cope with. With it?
Joe Getty
Because wealth isn't just about money. It's about creating a life where you thrive and help others do the same.
Jack Armstrong
Listen to the Wealth Break podcast on the iHeartradio.
Joe Getty
Applause.
Podcast: Armstrong & Getty On Demand
Host: iHeartPodcasts
Release Date: April 9, 2025
In this compelling episode of "Armstrong & Getty On Demand," hosts Jack Armstrong and Joe Getty navigate through a plethora of current events and societal issues, offering insightful commentary infused with their signature humor and candid perspectives. From escalating trade wars and their implications to groundbreaking scientific endeavors and personal resilience stories, this episode provides listeners with a rich tapestry of discussions that are both informative and engaging.
The episode kicks off with a deep dive into the intensifying trade tensions between the United States and China. The hosts discuss the implementation of a staggering 104% tariff on Chinese goods, exploring its immediate and long-term ramifications on American consumers and businesses.
Joe Getty (03:38): "104% tariff on all Chinese goods coming into the United States. That's something."
Jack Armstrong (05:00): "It's a trade war, Jack. We're at war with China."
They analyze how these tariffs are expected to disrupt the supply chain, increase the cost of various consumer goods, and potentially strain the economic relationship between the two superpowers. The conversation also touches upon the feasibility of the U.S. decoupling from China, considering the deep-rooted economic interdependencies.
Transitioning from goods to critical services, the hosts address the specific impact of tariffs on the pharmaceutical industry. With a significant portion of drug precursors imported from China, the imposition of high tariffs poses a threat to the stability and affordability of medications in the U.S.
Joe Getty (07:03): "Trump also announced, this is brand new, really going after the pharmaceutical industry, big tariffs to keep, to try to force companies to make their pharmaceuticals in the United States."
Jack Armstrong (08:00): "But it's a trade war, Jack. We're at war with China."
They discuss the potential rise in drug prices and the logistical challenges of reshoring pharmaceutical manufacturing, highlighting concerns over supply chain vulnerabilities and national security implications.
The conversation shifts to the ongoing opioid crisis, emphasizing the affordability and accessibility of drugs like fentanyl. The hosts express concern over the increasing prevalence of inexpensive narcotics and their devastating impact on communities.
Joe Getty (08:45): "Your fentanyl is going to be higher, too. Those of you who enjoy fentanyl, knowing that a little something to take the edge off at the end of the day."
Jack Armstrong (09:03): "These junkie camps you talk about, what do they look like? Most of America wonders because they're not permitted."
Armstrong and Getty explore the socioeconomic factors contributing to substance abuse and the challenges in combating the widespread addiction issues exacerbated by cheap, potent drugs.
In a surprising turn of events, the hosts discuss the Denver Nuggets' unprecedented decision to fire their coach and general manager just days before the playoffs, despite the team's strong performance and recent championship win.
Joe Getty (10:31): "They got rid of both of them at the same time? Yeah. It's the latest this has ever happened, ever with a winning team."
Jack Armstrong (10:39): "Did the owner catch the coach? Coach full court pressing his trophy wife or something?"
Armstrong and Getty speculate on possible internal conflicts and the potential impact of this move on the team's playoff prospects, highlighting the oddity and rarity of such a decision in professional sports.
The episode delves into a new social media trend dubbed the "Silent Riot," where activists participate by silently staring at their phones and sharing the act online. The hosts critique the effectiveness and sincerity of such gestures in instigating real societal change.
Jack Armstrong (12:10): "It's the world's most idiotic TikTok slash Internet trend."
Joe Getty (12:27): "Is this the modern version of a tree falling in a forest? It's gotta be."
Armstrong and Getty discuss the broader implications of performative activism and its role in contemporary social movements, questioning whether such actions translate to substantive progress.
Shifting gears to scientific advancements, the hosts explore the controversial project aimed at reviving the extinct dire wolf through genetic engineering by editing gray wolf DNA.
Jack Armstrong (29:09): "These people are doing some semi legitimate work. Whether that's a dire wolf or not is, it's not."
Joe Getty (31:05): "Or are they basically gray wolves with white hair?"
They discuss the ethical considerations, potential ecological impacts, and the feasibility of such genetic interventions, drawing parallels to popular culture references like "Jurassic Park" to underline the risks involved.
In an uplifting segment, Armstrong and Getty highlight the extraordinary journey of Johnny Kim, a Navy SEAL turned Harvard Medical School graduate and ultimately an astronaut. His story serves as a testament to resilience, determination, and the pursuit of excellence.
Jack Armstrong (32:25): "He is an astronaut in space. Navy Seal, Harvard doctor astronaut."
Joe Getty (33:33): "A lot of successful people have interesting backstories and, you know, with some sort of difficult thing they had to overcome."
The hosts delve into the pivotal moments that shaped Kim's path, emphasizing the importance of overcoming adversity and the diverse skills that contribute to personal and professional success.
The hosts engage with their audience through a mailbag segment, addressing listener emails that touch on subjects like fundamentalist Islam, Chinese influence in U.S. universities, and national security concerns.
Jack Armstrong (42:09): "There was a time when we honored those who created the prosperity and the freedom that we enjoy."
Joe Getty (44:51): "How are you going to look at every Chinese college student as a spy?"
They navigate through sensitive topics, balancing security concerns with ethical considerations, and explore the complexities of cultural integration and international relations within educational institutions.
As the episode draws to a close, Armstrong and Getty tease upcoming discussions, including the transformation of San Quentin prison into a Norwegian-style counseling center, further emphasizing their commitment to exploring diverse and impactful issues.
Notable Quotes with Timestamps:
Joe Getty (03:38): "104% tariff on all Chinese goods coming into the United States. That's something."
Jack Armstrong (05:00): "It's a trade war, Jack. We're at war with China."
Joe Getty (07:03): "Trump also announced, this is brand new, really going after the pharmaceutical industry, big tariffs to keep, to try to force companies to make their pharmaceuticals in the United States."
Jack Armstrong (08:00): "But it's a trade war, Jack. We're at war with China."
Joe Getty (08:45): "Your fentanyl is going to be higher, too. Those of you who enjoy fentanyl, knowing that a little something to take the edge off at the end of the day."
Jack Armstrong (10:31): "They got rid of both of them at the same time? Yeah. It's the latest this has ever happened, ever with a winning team."
Jack Armstrong (12:10): "It's the world's most idiotic TikTok slash Internet trend."
Joe Getty (31:05): "Or are they basically gray wolves with white hair?"
Joe Getty (33:33): "A lot of successful people have interesting backstories and, you know, with some sort of difficult thing they had to overcome."
Jack Armstrong (42:09): "There was a time when we honored those who created the prosperity and the freedom that we enjoy."
This episode of "Armstrong & Getty On Demand" masterfully weaves through a variety of topics, providing listeners with a nuanced understanding of complex issues while maintaining an entertaining and relatable dialogue. Whether dissecting economic policies, highlighting scientific innovations, or sharing motivational stories, Armstrong and Getty deliver content that is both thought-provoking and accessible.