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Jack Armstrong
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from Public, the investing platform for those who take it seriously. On Public you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year, you can literally type any prompt and put the AI to work. It screens thousands, thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Advisors llc. SEC Registered Advisor. Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete disclosures available@public.com disclosures if you're looking
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Jack Armstrong
Broadcasting live from the Abraham Lincoln radio studio at the George Washington Broadcast Center, Jack Armstrong and Joe Getty.
Joe Getty
Armstrong and Getty. And now here's Armstrong and get it.
Jack Armstrong
Hey. You've just stole upon the best weekend talk show in America and it is fantastic. We're Armstrong and Getty.
Joe Getty
All of the stories of significance that happened in the last week with none of the left wing media spin.
Jack Armstrong
And we try to get to the
Joe Getty
heart of what really matters and what's just Internet noise.
Jack Armstrong
If you like this, we do 20 live hours of radio every single week. You could find more with our podcast. Look for Armstrong and Getty on Demand. Oh my gosh, you're going to love it.
Joe Getty
Another crazy week. Now please enjoy the best weekend talk show in America. Russian leader Vladimir Putin, according to Russian information, praised President Trump extending the ceasefire with Iran, but at the same time also warning that if this goes back to being a shooting war, if there's another aerial campaign by the Israelis and the Americans against Iran, that that would have devastating consequences not just for Iran and the Gulf region, but for the entire international community.
Jack Armstrong
Yeah, thanks for that, Putin. If I want your opinion, I'll push you out of a window. Meanwhile, German Chancellor Mertz, the Americans clearly have no strategy. An entire nation is being humiliated by
Joe Getty
the Iranian state leadership, especially by these so called Revolutionary Guards.
Jack Armstrong
Thanks for your opinion, Chancellor. If I wanted your opinion, I'll set your Reichstag on fire.
Joe Getty
Wow. How many more you got? I'm really enjoying this.
Jack Armstrong
Nazi Germany.
Joe Getty
Yes, that was referenced. Indeed. Look, I think I have established my bona fides as a guy who'll criticize Trump when he's wrong or being an ass. How can you say there's no strategy? The squeeze is on. Their economy is crumbling. Their oil industry, which is their life's blood, is on the verge of disaster. These things take a little time, Freddie.
Jack Armstrong
Right. As Pete Hegseth said yesterday, you can't call a 60 day war a quagmire. Yeah, if we're at six months, maybe you can start talking that. But anyway, so let's get some of the reporting around this. A lot of it's interesting. Axios. As I mentioned earlier, President Trump is going to receive a briefing on new plans for military action in Iran today from the CENTCOM commander. The briefing signals that Trump is seriously considering resuming major combat operations to either break the logjam in negotiations or to deliver a final blow before ending the war. Behind the scenes, CENTCOM has prepared a plan for A short and powerful wave of strikes on Iran, including infrastructure targets, in hopes of breaking the deadlock. Another plan, to be shared with Trump, is focused on taking over part of the Strait of Hormuz to reopen its commercial shipping. That would include ground forces, sources say. So that's all very, very interesting. The Wall Street Journal is on the how's the regime in Iran part of this. It's entirely possible that the theocracy will crack, says the Wall Street Journal. All countries have an economic breaking point. Severe economic hardship, much worse than what Iran experienced during the Iran Iraq war, is about to slam the regime because of the, you know, buildup of day after day after day and the oil being shut off and all the different sanctions and that sort of stuff. They're in really, really bad shape right now, and it's about to get really, really bad in the next couple of weeks. Another insurrection may yet topple the mullahs and the irgc. Authoritarian regimes always seem indomitable until they are not. We all sat saw that during the Arab Spring, Egypt being the best example. I remember hearing all the experts say Egypt is a different case, though. There's a regime that is solid, could never fall. Oh, it fell. Going on with the Wall Street Journal, though, because I thought this was really interesting. The Islamic Republic has demonstrated a resilience that should make us wary of quick fixes. The regime's resistance economy, designed to be insulated from pressure by other countries, is into its fourth decade. They built everything around the idea that this sort of thing could happen and we'll have to be able to survive it. They've been planning for this for a very long time.
Joe Getty
In addition, they're always getting squeezed, so they've been practicing a lot.
Jack Armstrong
In addition, the revolutionary elite sees itself as the vanguard of the Almighty. Well, that's a problem. Almighty with a capital A when everybody knows I'm that given the repeated insurrections, the Iranian people's obvious fondness for Western ways, and the conspiracy addled conviction within the regime that America has fueled and guided internal uprisings. Iran's rulers and their foot soldiers see themselves as the last redoubt against unbelief. Hard to fight somebody with that attitude.
Joe Getty
Well, right. And keeping in mind that Islam, Muhammad was the final prophet and the final chance for mankind. So these wackadoodles think that they're fighting for the soul of humanity by defeating, defeating the Great Satan and the Little Satan.
Jack Armstrong
It's hard to put yourself in that headspace, really.
Joe Getty
Well, you would be able to justify anything.
Jack Armstrong
Yeah, you'd be willing to do anything, including sacrificing your own children.
Joe Getty
Correct.
Jack Armstrong
Which, you know, again, we can't even imagine that mindset.
Joe Getty
Only one way to deal with that sort of mindset. Negotiate with them.
Jack Armstrong
Ha ha, ha.
Joe Getty
Just kidding, Barack. Kill them.
Jack Armstrong
Finally, the Wall Street Journal says if the regime doesn't crack, we could be in a long struggle that will require commitment, patience, and discipline across the US Government. The whole funding of this thing is running out today, and Congress is going to have a vote on whether given more money to keep it going. Now, most of the nonpartisan experts I've been listening to think that Congress will give Trump more money or the Pentagon more money to prosecute this war. It's Trump's decision, though, and. But with some restrictions on it. I don't know what those restrictions be. Will they actually have no boots on the ground restrictions or something like that? Who knows? But, I mean, if we're, if we're starting to put restrictions on something 60 days in, and people like the Wall Street Journal experts are saying this could last six months, where will we be six months from now?
Joe Getty
Especially given the fact that the politics of the day permits one side to root for the defeat of their country if they will help. If it will help them in the midterms. So that is a poisonous sort of partizan politics that I hope is temporary. I'm. I'm not super optimistic about that.
Jack Armstrong
Now to the maritime freedom construct.
Joe Getty
Oh, finally.
Jack Armstrong
That's what they've named this. It's an effort to get other countries on board with helping us open the Strait of Hormu. Hormuz. Trump declared the strait completely open and ready for business. A couple of weeks ago. It was open for like a day. Now ship traffic is practically zero. And now with this new maritime freedom construct, we have sent cables to US Embassies around the world and called on US Diplomats to press foreign governments to sign up for the job of helping open the strait. And we'll see who's willing to help with that. I'm guessing no one.
Joe Getty
Well, willing and able, if you're talking about the flabby, useless Europeans, yes.
Jack Armstrong
As I've quoted someone, I forget who it was, but I thought it was really good. Some of the people who are willing aren't able, and those who are able aren't willing. And then you've got other combinations that make it not very likely.
Joe Getty
Right, right. Let me throw in briefly the big headline that's being treated mostly as an energy headline, an economic headline. The fact that the UAE is Withdrawn from opec, but some great analysis. The bigger picture is worth delivering to you. It delivered a shock to the cartel that's long ruled the global oil market. It also rang the opening bell for the new geopolitical order that the war with Iran is ushering in across the Middle East. And the new alignment is redrawing political fault lines between the Arab world and Israel that defined the region for decades. Indeed, the uae, which is the financial nerve center of the Gulf and a potent military power, is strengthening security cooperation with Israel as both states work to change the region's strategic balance through force of arms if necessary. This is one of the reasons, I think, we're in the very early stages of what could be a long and at times violent restructuring of this absolutely diseased politics of the region in a very, very good direction. Because as the UAE goes, a lot of the other Gulf states are going to say, you know, that would make us richer and happier and more at peace and Iran sucks. So, yeah, we're with you, Abraham. Accords really become important and the future changes.
Jack Armstrong
So I talked about this several years ago. I haven't heard much conversation about it anywhere. But if you follow politics at all, you know who MBS is. The leader of Saudi Arabia. The reason you know who MBS is is because of mbz. He's the leader of the uae. He decided that he needed to take this young, American, educated, charismatic, perfect English guy in Saudi Arabia and raise his profile for the United States for a lot of the things you're talking about wanting to accomplish there. And the reason MBS got a 60 Minutes profile years back, a fawning 60 Minutes profile about how he's a reformer and all this sort of stuff, and he went around and met with the President and traveled and went to LA and all these different sort of things. NBZ orchestrated that whole thing, that whole, you know, like, I've got a star on my hands and I'm going to make them a bigger star and was behind all of that. And so they've been really, really tight. And NBC has been MBS's mentor until yesterday when NBZ announced we're out of OPEC, which is a really big deal.
Joe Getty
That's just a different sort of mentoring, you could argue. It's been interesting. And for instance. Well, I'll just say why it's interesting. Mbz, I'm sorry, MBS has scaled back a number of his, like, lunatic, grandiose plans for Saudi Arabia. That made me wonder if he was a kook or perhaps with the Council of NBZ don't know. But the, the ending of the live golf tour, which is a golf fan, I don't even care about it. It's like one of the, your alternative football leagues that have come and gone through the decades.
Jack Armstrong
It's really interesting that because I didn't pay attention, I don't follow golf, but I mean with all the players he threw money at, it didn't make a dent for like super hardcore golf fans like you.
Joe Getty
Yeah, yeah, they tried. It was a little gimmicky. Different formats. I appreciate the, the willingness to try something different, but not just never really caught on in spite of their luring a bunch of the stars. Although a bunch of guys who had injuries and were has been with big names and stuff. But anyway, I sense a change in Saudi Arabia toward the more reasonable and practical and just, you know, they've come out of their, you know, where we're a wackadoodle Islamist place into a much more connected to the world, you know, practical entity, probably with the UAE's leadership. It's a super positive sign. And it's all brought about. Well, a lot of it's been brought about by the conflict with Iran. Now, I'm not saying it's not going to go wrong. It couldn't. Or that Trump's some sort of genius, because I don't think he is. But it troubles me to my bones, not in a partisan way, but in a, my God, look at what is possible way for the Middle East. Never mind the fact that Iran was trying as hard as it could to get nukes, has been murdering our people and our soldiers, destabilizes an entire region, which makes it very, very expensive. There are wonderful things that can be accomplished here. If some of the smart Democrats were to say, hey, let's work together on this. But our politics are so stupid right now. They're so angry, toddlerish that we're not even getting that basic level of okay, I don't like Trump and I don't like the way he's doing some stuff. But yes, this is very important. We can't even get that. Makes me want to give up, throw up my hands and I don't know, march off into the woods, live with the bears.
Jack Armstrong
Let me get down to the analysis finally from Mark Halpern in his newsletter today about where all the stuff is with the Iran war. The President and his core advisors know there will never be a sufficient nuclear deal on offer with the current Iranian leadership under the current conditions. So they have to change the leadership, the conditions, or both. The White House continues to search for a plan that will execute on the reality.
Joe Getty
We're putting an unbelievable economic squeeze on him and then we're going to punch him in the mouth a couple of times just to up the ante. The idea that there is no plan is fictional and an idiotic thing to say.
Jack Armstrong
The wild card though, in this, though is it's like the Japanese regime. It's why we had to drop atomic bombs. They were, you know, they were willing to die for the emperor.
Joe Getty
Absolutely true.
Jack Armstrong
So it's difficult to deal with that
Joe Getty
kind of people sometimes. It's tough to solve tough problems.
Jack Armstrong
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Joe Getty
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Jack Armstrong
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Joe Getty
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Jack Armstrong
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Joe Getty
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Jack Armstrong
mood changes, skin shifts, yet your labs say everything's normal. You're not alone. Meet Oestra from Inner Balance. The first all in one prescription strength bioidentical hormone cream that's natural and effective and only takes one drop 10 seconds a day. Oester replaces five to six products women typically use to treat symptoms and is third party tested to ensure the highest quality. Visit innerbalance.com today to start feeling like yourself again. That's innerbalance.com support for the show comes
Sponsor Announcer
from Public, the investing platform for those who take it seriously. On public, you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index. With AI it all starts with your prompt from renewable energy companies with high free cash flow to semiconductor suppliers, growing revenue over 20% year over year. You can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S&P 500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory services by Public Advisors llc. SEC Registered Advisor Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete disclosures available@public.com disclosures if you're looking
for more flexibility in how you pay for everyday purchases, meet Klarna. Klarna lets you decide whether to pay now, pay later, or spread payments over time. All managed right in the Klarna app. Download the Klarna app today or visit klarna.com to learn more. Terms Apply California Resident Loans made or arranged pursuant to a California Finance Law License NMLS Number 1353190 Klarna Balance Account required to be eligible for cashback points. Limitations, terms and conditions apply.
Jack Armstrong
This was Monday night. A Delta plane was on the tarmac. Okay, how long has it been delayed already? 3, 4 hours and now you're talking another hour. Get me to the gate. I want all or I'll take my shelf off. Okay, here you go. Oh my God. Oh my God. The passenger opens the cabin door. Fortunately the emergency slide did not deploy
Joe Getty
but that got a one way ticket
Jack Armstrong
back to the gate and law enforcement.
Joe Getty
He's since facing federal charges now of interfering with a flight crew. So he got his way and federal charges he got back to the gate. Who can this man is a hero.
Jack Armstrong
Yes.
Joe Getty
He opens the door and you hear
Jack Armstrong
all the oh my God. And he turned around and went oh my God.
Joe Getty
Oh, that's what they because it sounded like Peter Griffin on the Family Guy. Oh my God. Who cares?
Jack Armstrong
That's funny. It's like oh lighten up. We're on the ground.
Joe Getty
You've been sitting here like sheep for three hours. They just told us it's going to be another hour.
Jack Armstrong
Back to the effing gate. My only question is why doesn't this happen more often and why don't we have more rights about this. I've been in that situation before with little kids. You're holding me hostage. Let me off this freakin plane. It's ridiculous.
Joe Getty
Yeah.
Jack Armstrong
And it's all to satisfy various box checking of. Well we officially left the gate on time because we pulled away from the gate. So that goes in as a statistic as an on time flight. If we go back it will be a late flight and we don't want that statistic. So we're gonna make you sit here in a hot plane, can't use a bathroom, no services for three hours rather than pull up to the gate, let you get off and walk around, you know, an airport full of bars and restaurants and be comfortable. I frickin hate that.
Joe Getty
Yeah, yeah I think everybody does.
Jack Armstrong
Can't believe we don't have more rights around that that have been forced. Anywho, who has been to an erewhon grocery store? Have you ever been, Katie?
Joe Getty
No. A what?
Jack Armstrong
Erewhon grocery store in L. A. If you've been. You know it's not one of those.
Joe Getty
Oh I don't think maybe brought this up before.
Jack Armstrong
Yeah it's. It's nowhere else. Nowhere spelled backwards kind of.
Joe Getty
Oh okay.
Jack Armstrong
It's like it's hoity toity, right? Oh it is, yeah. Most unbelievable. There's I think 12 locations but the most popular ones are like at the Grove and that's the one I've been to because if you're more likely to see celebrities there than practically anywhere in Los Angeles. But it is unreal if you're ever in Los Angeles as you know like on a trip, go to an erewhon grocery store. I mean it's worth. It is like a side venture just to see. It's insane. They get 50 different kinds of bespoke peanut butter. I mean it blows your mind.
Joe Getty
I'm on their website right now. They have roasted almond butter for a mere 21.
Jack Armstrong
Oh it's expensive. Yeah and their, their deli area is like a five star restaurant for one thing for the grocery.
Joe Getty
Katie, Katie. We don't want poor people like in the store. It's.
Jack Armstrong
It's really cool, it's fun, it's nice and. But I was reading this article in the California Post. The New York Post now is how is a California version about LA singles are flocking to Lux west coast grocer Erawan to get dates. It's better than the apps young people. I feel like, I feel like this is a completely contrived story that it's not any different now than it was a month ago or a year ago. But I've never quite understood. And I am a single guy, the people who say, oh, yeah, great place to meet people is the grocery store. What's your opening line to someone who's shopping for the groceries that doesn't annoy the hell out of them?
Joe Getty
I tell you what the opening line is. You've noticed I'm really attractive. So it doesn't matter what my opening line is. That's what it is.
Jack Armstrong
It's pretty much if you're like super
Joe Getty
stud, you can say, I don't know how to tell when these are ripe or gosh, these are expensive or high. It doesn't matter because you're really good looking.
Jack Armstrong
Right. That. That's what I assumed. It's got to be because other than that, I got to think that most of the time, most. Not men, because men are a different beast. But most women would be highly annoyed to be hit on at the grocery
Joe Getty
store unless you're really good looking.
Jack Armstrong
Katie, you're.
Joe Getty
I would just irritate me.
Jack Armstrong
Yeah.
Joe Getty
To be honest. Yeah.
Jack Armstrong
Irritate the hell out of you.
Joe Getty
You're.
Jack Armstrong
You're there, you're. You're. You're after work, you're trying to grab some things, you got to make dinner. Whatever. Get out of here, you creep.
Joe Getty
How about nice melons or show me your hams?
Sponsor Announcer
No.
Jack Armstrong
Might work. People are sensuous. Vegetables are sensual. That's from Animal House.
Joe Getty
Boy, you have firm looking hams.
Jack Armstrong
Tried it.
Joe Getty
Yeah. Usually when I'm in the grocery store, I'm irritated because I've been stuck behind someone who's on their phone, just standing right in the middle of the aisle with their cart. So then trying to talk to me. After that, it's just.
Jack Armstrong
Don't. Oh, my God. Oh, my God. That. That reminds me the other day. I've got a local grocery store. I won't mention the name of it because I love it, but the customer service is fantastic. They're just. Just the greatest. I ran into my first grumpy employee ever who is a jerk. And. And I didn't know if I should say anything to management or not. I didn't. Do I want to be that person or not? Because I guarantee you, management wants to know. This place is known for their employees being so friendly. I want to say I've been coming here for damn near 30 years. Ran into the first unpleasant employee I've ever run into. It just thought you might want to know. Would that. Would they like that? Or does that make me a bad person. Or maybe he was having an off day.
Joe Getty
I was.
Jack Armstrong
That's where I'm going.
Joe Getty
I would say if you go in there and he does it again, then maybe say something. He could just been having a bad day.
Jack Armstrong
Could have been, yeah.
Joe Getty
I would tend to be merciful and think that'll work itself out. But I. I don't know. I don't know.
Jack Armstrong
I'm the employer. I want to know that.
Joe Getty
Or drive your car out of while he's doing a a cart run in the parking lot.
Jack Armstrong
You yeah, you're right. I should have waited in the car until he got off work. That's the way to handle it. What's the matter with you, Armstrong and Getty?
If you're feeling off fatigue, mood changes, skin shifts, yet your labs say everything's normal, you're not alone. Meet Oestra from Inner Balance, the first all in one prescription strength bioidentical hormone cream that's natural and effective and only takes one drop, 10 seconds a day. Oester replaces five to six products women typically use to treat symptoms and is third party tested to ensure the highest quality. Visit innerbalance.com today to start feeling like yourself again.
Sponsor Announcer
That's innerbalance.com support for the show comes from Public, the investing platform for those who take it seriously. On Public you can build a multi asset portfolio of stocks, bonds, options, crypto and now generated assets which allow you to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year, you can literally type any prompt and put the AI to one work. It screens thousands of stocks, builds a one of a kind index and lets you back test it against the S P500. Then you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com podcast paid for by Public Investing Brokerage Services by Open to the Public Investing Inc. Member FINRA and SIPC Advisory Services by Public Advisors llc. SEC Registered Advisor Generated Assets is an interactive analysis tool. Output is for informational purposes only and is not an investment recommendation or advice. Complete Disclosures available@public.comDisclosures have you heard about Klarna?
Klarna is an app designed to make everyday spending simpler and more transparent. It gives you flexibility to decide how you want to pay Whether that's paying right away, paying later, or spreading payments over time, depending on what works best for you. Everything is managed in the Klarna app so you can keep track of purchases and stay organized. You can also discover deals and even earn cash back when you shop through the Klarna app with participating brands. It's all about flexibility and staying in control of how and when you pay. Download the Klarna app today or visit klarna.com to learn more. Terms Apply California resident loans made or arranged pursuant to a California Finance Law License NMLS Number 1353190 Klarna Balance Account required to be eligible for cashback points. Limitations, terms and conditions apply.
Real value shows up in reliability. You don't have to second guess. Like a set of Firestone all season tires, they're designed to deliver, deliver confidence, inspiring wet weather, traction and a quieter ride no matter the road, season after season. Firestone all season tires for durability you can count on just like people count on you. Firestone always dependable since 1900,
Jack Armstrong
the airline
Joe Getty
Emirates is reportedly developing first class suites with private bathrooms.
Jack Armstrong
So if you've ever wanted a seat
Joe Getty
that reclines all the way Movies on
Jack Armstrong
demand in your own bathroom, have you
Joe Getty
ever considered just staying home? That's right.
Jack Armstrong
The airline Emirates is reportedly developing first class suites with private bathrooms, while Spirit
Joe Getty
has introduced an empty Gatorade bottle.
Jack Armstrong
That's a good one.
Joe Getty
That is pretty funny. Wow. Your own bathroom on a plane. Whatever it costs. Yes, please.
Jack Armstrong
Speaking of the Emirates.
Joe Getty
Yes, Katie?
Jack Armstrong
How much time are you planning on spending in there? Yeah, right.
Joe Getty
Just to avoid the horrors. If you need to, just. All right.
Jack Armstrong
Speaking of the Emirates, the uae, one of the countries that voted against Iran being named to the Nuclear Treaty Conference by the UN yesterday in a. All the countries say. Okay, so we'll get into that. Let's listen to a little of this. I'll fill in all the details. May I take it that the conference wishes to approve these candidates? I give the floor to the distinguished representative of the United States.
Sponsor Announcer
We ask that the record of today's
Jack Armstrong
proceedings reflect that the United States objected to Iran's nomination to the General Committee and that the United States dissociates itself from the consensus on this decision. I now give the floor to the distinguished representative of Australia.
Sponsor Announcer
Australia agrees with those who have disassociated from any consensus on Iran's appointment to such a leadership role.
Jack Armstrong
I wanted. I wanted to hear the audio because I saw some of this yesterday. I mean, it's hilarious. The what George W. Bush once called meaningless debating societies. Here's a little more. Toward the end, when they finally decide to allow ran in Iran in, I wish to give the floor to the distinguished representative of the United Arab Emirates.
Joe Getty
The United Arab Emirates, therefore, formally and unequivocally disassociates itself from the election of
Jack Armstrong
Iran as Vice president of this review conference. I understand that the conference can elect the vice presidents. I have read out the objections and reservations just expressed will be duly recorded in the records of the meeting.
Martha Stewart
It is so decided.
Jack Armstrong
Yeah, it is decided because the majority of countries said Iran could be on the committee. And I mean, just listen to that. Who believes in these organizations that have conversations like that to allow a country like Iran, who's been pursuing a nuclear weapon for decades, has lied at every turn, and everybody knows it lies at every turn to be on some sort of committee to make decisions about this.
Joe Getty
Has vowed death to a neighbor and death to the United States. As I'm fond of saying these days, what are we even doing here? No, the hell was that meeting and that commission and that vice presidency that just went to Iraq? What are you even doing?
Jack Armstrong
So, Vice President, you're just basically members of the main committee of the whole thing and disassociate is their term for voting against, but all these fancy highfalutin terms and committees that are just crap. So Iran was selected as One of the 34 vice presidents at the 11th Review Conference of the Nuclear Non Prolifera Proliferation Treaty. So they have a special committee to deal with the, you know, expansion of nuclear powers in the world. You allowed a country on there that is a death cult that has been trying to cheat their way to getting a nuclear weapon. I mean, that's what you're all there to stop.
Joe Getty
It's beyond parody.
Jack Armstrong
It really is.
Joe Getty
It's, it's just a horror.
Martha Stewart
It is so decided.
Jack Armstrong
Iran was nominated by the Nine Aligned Movement, which represents 121 largely developing nations. So all of these piss and countries from around the world, there's enough of them to say, yeah, I think Iran ought to be on there so we can stand up against the, you know, the powerful of the world, the cool kids. The US objected sharply, joined by the uae, Australia, the uk, France and Germany. But obviously that's not enough to go against the other 122 countries. US Assistant Secretary for Arms Control Christopher Yaw called the seating a farce, an affront to the Non Proliferation Treaty in total arguing Iran has demonstrated contempt for non proliferation, a word I obviously have trouble with. So I could never be on the committee.
Joe Getty
You've gotten through it twice, though. Well done.
Jack Armstrong
I say Iran's IAEA ambassador dismissed the objections as baseless and politically motivated, maintaining that Iran supports global nuclear disarmament.
Martha Stewart
It is so decided.
Jack Armstrong
I mean, this is. It is. It's like it's a sitcom. That's really good. I like you playing that. It is so decided.
Martha Stewart
It is so decided.
Jack Armstrong
So the representative from Iran stands up and says, this is just politics from the United States. We are. We are committed to global nuclear disarmament. Hilarious.
Joe Getty
We're closing the un. We're pulling the plug. Everybody out. Out. You've got to clean out your offices. Yeah. This has been so decided. You weasel.
Jack Armstrong
Claude, using Opus 4.7, points out that Tehran suspended cooperation with the IAEA and its inspectors withdrew early in July of 2025, not agreeing to the. You know, that Obama thing, that treaty that we put together. They wouldn't let the inspectors in because they're trying to get a nuclear weapon because they want to try to blow up a bunch of Jews or hold the rest of the world hostage. The opposite of what they just said. And we pretend like the words are true. Coming out of the mouths of liars. What, like you said. What is going on here? What is happening? What is this?
Joe Getty
What are we doing here? The UN is ridiculous. It is beyond a parody of itself. It's an insult to itself. It's an insult to the intelligence of everybody watching.
Jack Armstrong
It is. That is exactly right. That's what everybody should say. This is an insult to my intelligence. And sit back down.
Joe Getty
Yeah.
Jack Armstrong
Wow.
Martha Stewart
It is so decided.
Joe Getty
You could absolutely make the argument that, you know, the UN doesn't have much power, but anybody that is that perverse shouldn't have any power whatsoever because they're capable of doing anything. It's like somebody who's hopelessly psychotic. Don't give them a hammer. Not even like a little one for hanging pictures. It's just a bad idea. The UN is psychotic.
Jack Armstrong
It is. And what is it with the crowd that reveres it?
Joe Getty
They live in a dream world or believes in it.
Jack Armstrong
And then when the UN says something bad about the United States, which is almost always under a Republican president, you know, it's treated like the word of God come down from on high. Oh, the UN doesn't like what we're doing. Look, we've angered the un. Well, look at what they did yesterday, you morons.
Joe Getty
Yeah, you know, it's. It's a measure of the dishonesty or stupidity or something of the Mainstream media that they hold twin attitudes. The one is they want radical change right now. They want to throw away all the precepts that have built this country because it'll be a utopia. And the idea of ending something that clearly doesn't work, like a government program or the UN or whatever, that's an asthma. Yes, we'll end the First Amendment, but we can't possibly end this useless welfare program. Please.
Jack Armstrong
Well, you and I do not have the personalities to be members of the UN because you have to go there thinking, I'm going to do the very, very slow work of chipping away little by little over decades of trying to turn this giant oil tanker around and be calm about it. I couldn't do that every time something like this happened. What in the hell is going on here? This is insane. Why are we using all these fancy terms and having all these votes and letting countries with the g. Corrupt countries with a GDP of $8 have a vote that counts the same as the United States? What the hell is happening here?
Joe Getty
I wonder what Mike Waltz says about what he's doing there. If he's like a turning the ship of state around slowly guy, or if he's like, we got to have a UN ambassador, it pays pretty good. It's a good gig. It's not like I'm going to go work at Walmart. So I took the gig. I mean, I got to believe Waltz is a real realist. I got to believe he's incredibly cynical about it.
Jack Armstrong
And I know, I know people who would be horrified by the idea that the United States should have a bigger vote or England or any real country, you know, even China, even evil countries, but that should have more of a vote than some $8 GDP corrupt country somewhere. But they get all get the same vote. So nuts.
Joe Getty
It was a lovely idea. It's not working.
Jack Armstrong
Actual news on China, real quick, Trump. This is from the Wall Street Journal. Trump has instructed aides to prepare for an extended blockade of Iran that could last quite a while. So we're still betting on the fact that they're going broke, they're going to collapse at some point, that they're going to give in. As the Wall Street Journal points out, we think that they can't handle the pain much longer. Iran thinks the same thing. They think that Trump's poll numbers, the price of gas, Congress, all the poll numbers. They see eventually our allies, eventually we're going to squeal. Enough is enough. We're going to yell uncle. So both sides are saying that and one other thing. The Iranian government has had to raise wages for everyone in the United in their in their country subsidized basic goods because people can't afford like electricity and food and all that sort of stuff and are handing out cash to the poor. Authorities are confronting a level of hardship not seen in many, many decades, going back to the Iran Iraq war. So I got to tell you, if I'm betting on one side or the other, like you were talking about yesterday, on who can handle the pain the longest, it doesn't even seem like it's close.
Joe Getty
Yeah, I saw a graphic on all the countries around the world. Well yeah, your point and my point is correct. We're in a way better position, obviously the U.S. but our allies. I saw a chart of all the different countries around the world that are like subsidy is subsidizing gas prices for their citizens, including European countries and Asian countries and all. It's it's really hurting them.
Jack Armstrong
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Joe Getty
It's Earth Day this week, but we
Jack Armstrong
found out we still use a lot of oil. Nobody can afford gas. This week, Tyler Michael woods crashed his bicycle.
Joe Getty
Oh my.
Jack Armstrong
That is a Johnny Carson joke right there. That is what that is. So how do we feel about the woman that after the shooting happened and everybody ran out, she started gathering up wine bottles off the table?
Joe Getty
Staunchly pro.
Jack Armstrong
Speaking for myself, she had two people. You had one guy who sat there and finished either his mashed potatoes or his salad. There's some discrepancy there. But while people were ducking under tables and running out of the room, he just sat there and thought, you know what I paid for this? I'm going to finish my salad. And one woman that was going around thinking, there's nobody here. I'm going to grab bottles of wine.
Martha Stewart
Go girl.
Joe Getty
Right? You paid a lot to be there. There was wine. Now you got to leave. Wait a minute. I was counting on a wine buzz this evening. I'm just grabbing me some of this.
Jack Armstrong
Otherwise, what are they going to do,
Joe Getty
pour it down the sink?
Jack Armstrong
They almost certainly weren't. Well, the people that work there, I sure. I would imagine we're going to Split them up somehow. Bus boys. And what, they won't miss them. She only took a couple. Yeah. Otherwise the terrorists have won. Exactly.
Joe Getty
Michael, get your wine, girl. Well, that's what the mashed potato guy was thinking. They say you want to die doing something you love. Man, I love these mashed potatoes. Well, who knew how long he was sitting there before they got to eat. And now dinner's chaos. So.
Jack Armstrong
Right, right, right.
Joe Getty
You know, Right. And initially, I guess the gal came out and said, all right, we're gonna resume in half an hour. Then quickly said, whoops, no, we're not going to resume at all. So come on. Things all bets were off.
Jack Armstrong
We'll talk more about this. To kick off, our three turned out to be the shooter was a California teacher. Oh, I'm shocked by that. You don't expect that out of the teaching class in California. So Warren Buffett did a sit down interview. First one he's done since he left Berkshire Hathaway where he was the CEO and became one of the richest men in the world as an investor. Anyway, I thought this was interesting, what he talked about. He gave, according to wherever this interview was, the cleanest indictment of legalized gambling in a decade. He called it a tax cut for the wealthy. The math proves him exactly right. Well, that's one way to look at it. It's a tax cut for the wealthy. It's a tax on the poor. If you play, nobody's making you play. The point is that it's mostly people with not money that pay that play. State lotteries, for instance, generate over $90 billion a year. The bottom half of income earners account for roughly 70% of the total spend of that gambling. The average lottery player makes $38,000 a year. A household earning $20,000 a year, which ain't much in the modern world.
Joe Getty
Right.
Jack Armstrong
Spends three times more on lottery tickets than the household earning $30,000 a year.
Joe Getty
Wow. So it's a pretty steady line of or lineup of expenditures exponentially higher.
Jack Armstrong
Yes.
Joe Getty
Right.
Jack Armstrong
I mean, $30,000 a year household income ain't much, but you're paying all. You're spending your money on lottery tickets a lot less than the $20,000 a. And I talk about this all the time, that when I go to the Circle K, which is just happens to be on my commute home, where I end up there, a lot I stand in line and everybody in there who doesn't exactly look like they're well to do is buy in cigarettes, energy drinks and lottery tickets. You don't need any of those. Why are you spending your money on any of those things? Not in. None of my business. In my world, unless you end up with no money at some point in your life and you and your crowd demands more taxpayer money, which is exactly what goes on. So then all of a sudden it is my business.
Joe Getty
And it's worth observing, I think, that roughly half of our politics in this country view do you make good decisions? As a question that's completely out of bounds.
Jack Armstrong
Well, right. Get to finish this article right here or this post. The implicit tax rate, meaning whatever the state keeps after prizes, runs 30 to 50%, depending on the game. No other revenue source in America has that base in that rate. And they call that a tax cut for the wealthy. The fact that the poorer you are, the more likely you are wasting your money because it is a waste of money on lottery tickets. It's something you could decide not to do. That's a tax cut for the wealthy because they're smart enough to not buy lottery tickets.
Joe Getty
Yeah, they make the argument, or don't need to. Yeah, they're twisting themselves into a delicious rhetorical pretzel. No doubt. I get it. Money is fungible, blah, blah, blah. But that's. I mean, if you were going to talk about the poor people spending money on the lottery, it would be like the 17th line item that, you know, it kind of results in a tax cut for the rich indirectly. And I think, I suppose in a way it does, but again, that's nuts. Please, that's. That's not your lead.
Jack Armstrong
That's ridiculous. When you have the option to not play the lottery. Come on.
Joe Getty
There are like four. Maybe I'll put them together and write a quickie book. Four or five. Just very, very simple principles that are undeniable. No philosopher, no great man or woman would ever deny them. But they've gone out of fashion. For instance, if you make good decisions, sound decisions, you will have a better life than if you make poor decisions. So let's talk about what are poor decisions and what are good decisions? There. A lot of our politics would reject that very framework, which is a recipe for disaster and. Or communism.
Jack Armstrong
Well, it's. It's, again, it's none of my business how anybody else spends their money. Unless you're getting some of my tax money because of the. You need housing, food, whatever, because you don't have any money. You could say to the $20,000 a year household that's probably buying energy drinks, cigarettes, and lottery tickets that, you know, you can buy energy drinks over there by the case and they're like 80 cents a can instead of $3 a can and blah blah blah blah blah blah blah. If you want to. I don't feel like it's any of my business, but again, unless you're getting some of my money, which you are.
Joe Getty
Right, right.
Jack Armstrong
That's a tough one for a welfare state. That's that, that's where it gets very difficult on the, you know, the libertarian view of people get to do whatever they want. If you're a welfare state, that falls apart pretty quickly.
Joe Getty
Oh yeah, yeah. That's. That's kind of the clause B of every libertarian argument or really liberty loving argument is that and since we're all responsible for ourselves that you will bear the brunt of your terrible decisions or waste or whatever. But no, we revoke that again because it buys votes and votes by power and power gets you money.
Jack Armstrong
So.
Joe Getty
Whoops.
Jack Armstrong
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Episode: The Best Weekend Talk Show In America Hour One
Date: May 2, 2026
Hosts: Jack Armstrong and Joe Getty
Podcast Network: iHeartPodcasts
This hour of “Armstrong & Getty On Demand” focuses on the latest developments in Middle East geopolitics, specifically the ongoing tension and conflict with Iran, shifting alliances within the Gulf, and debates over American strategy. The hosts also touch on the dysfunction of international bodies like the UN, societal gripes (from airline delays to grocery stores), the economics and ethics of gambling, and the behavioral patterns of everyday Americans. It’s all approached with Armstrong & Getty’s trademark blend of sharp analysis, sarcasm, and humor.
(03:34 – 16:18)
Putin’s Ceasefire Comments & Global Impact
Criticism of Claims That “America Lacks a Strategy”
Military Options Under Debate
Nature of the Iranian Regime
Congressional Politics & Endurance
Congress likely to fund continued operations, but with possible restrictions. Hosts speculate how long US and Iran can each “stand the pain.”
Joe Getty: “The politics of the day permits one side to root for the defeat of their country if it will help them in the midterms… a poisonous sort of partisan politics...” (09:13)
(10:10 – 15:51)
UAE Withdraws from OPEC
Rise of “Maritime Freedom Construct”
The Role of MBZ and MBS (UAE & Saudi Leadership)
Modernization in Saudi Arabia
(29:34 – 38:19)
Despite objections from the US, UAE, Australia, UK, France, and Germany, Iran is voted in as a vice-president of a nuclear treaty review conference.
Joe Getty: “It’s beyond parody… what are we even doing here?” (31:48)
Jack Armstrong: “What is it with the crowd that reveres it? And then when the UN says something bad about the United States… it’s treated like the word of God…” (35:47)
Joe Getty: “It was a lovely idea. It’s not working.” (38:15)
(38:19 – 39:57)
(19:30 – 21:18)
(21:18 – 25:19)
(44:47 – 50:05)
Warren Buffett on Gambling
Libertarian Dilemmas in a Welfare State
On negotiating with zealots:
On the current dysfunction of the UN:
On lottery economics:
On being a single guy at the fancy grocery store:
This hour is vintage Armstrong & Getty—wide-ranging, combative, and funny—offering useful context on Middle Eastern affairs while also entertaining with their personal gripes and philosophical tangents about American life. If you want a breakdown of US-Iran tensions, shifting world alliances, and how it all relates to the everyday, this is a sharp, worthwhile listen.