6/11 State of MN claims that $700 million was lost due to ICE. Not plausible.

Summary

Garage Logic Podcast Summary (June 11, 2026) "State of MN claims that $700 million was lost due to ICE. Not plausible."

---

Main Theme

This episode, hosted by Joe Soucheray ("The Mayor") and the Garage Logic crew, dives deep into recent claims by the state of Minnesota that $700 million was lost by Minneapolis businesses due to ICE activity. The hosts express skepticism about the plausibility of this figure and use it as a springboard to dissect state spending, government grants, and the prevalence of fraud in Minnesota assistance programs, especially focusing on the Minnesota Promise Act—a $100 million grant program that has come under media and public scrutiny for alleged mismanagement and potential fraud.

---

Key Discussion Points & Insights

1. Past Weather vs. Present Hysteria ([02:00])

• Brief note on historical weather extremes, contrasting societal responses in 1956 versus today.
  • Quote: “1956 was a different time, wasn’t it?” (Joe Soucheray, 03:07)

2. The Minnesota Promise Act – “Fraud Parade” ([03:20]–[18:29]; [23:24])

• Promise Act Background:

  • Created in 2023, $100 million in grants for businesses "adversely affected by structural racial discrimination, civil unrest, lack of access to capital, loss of population, or aging population."
  • Eligibility: ≤ $750,000 gross annual revenue, registered in eligible Minnesota districts; sole proprietors do not need to be registered with the state.
  • Disbursement: Money flows from the Department of Employment and Economic Development (DEED) through local neighborhood groups.

• Hosts’ Critiques:

  • Soucheray and the team argue that the program's criteria are broad, “nebulous,” and ripe for abuse. He expresses disbelief at the predominance of grant recipients with Somali names, suggesting a lack of diversity among awardees.
  • Hosts point out the difficulty for journalists and the public to track recipients and determine actual business activities of grant awardees.
    • Quote: “It’s not plausible to me that this isn’t fraudulent. It’s just not plausible.” (Joe Soucheray, 10:44)
  • Examines media coverage: Only one local TV outlet (Channel 5 / Ryan Raiche) has reported on possible fraud, with Governor Walz downplaying the risk.
    • Quote: “My confidence level is high... But do I think fraudsters are targeting it? Yes, I think they target every program.” (Walz, paraphrased by Soucheray, [13:19])
  • Cites reports of grants to businesses outside qualifying areas and questions on the proliferation of “transportation” companies among awardees.
    • Quote: “Why do I have an obligation to support Somalis to this extent? Somebody explain it to me.” (Joe Soucheray, 17:18)

• Fraud Fatigue:

  • Hosts discuss how frequent fraud cases have made the public numb; little meaningful response even as new schemes appear.
    • Quote: “It’s shoveling snow in the middle of a blizzard.” (Kenny Olson, 35:27)

3. The ICE ‘$700 Million Loss’ Claim ([20:03]; [54:00])

• Soucheray and Reavers challenge the claim:
  • Mathematical breakdown shows the number is likely exaggerated—for 1,000 businesses to lose $700M, each must be out $700k in a few months.
  • Suggests the real financial pressures on businesses stem from costs, regulations, and broader economic conditions, not ICE.
    • Quote: “We’re being robbed blind is what’s happening.” (Chris Reavers, 20:57)
    • “It’s not plausible that the state of Minnesota had any obligation whatsoever to create a pot of $100 million and hand it out to everybody named Abdul or Mohammed.” (Joe Soucheray, 24:04)
  • Speculation that the city may be inflating numbers to seek state/federal compensation.

4. State Spending, Taxpayer Frustrations, and “Redistribution” ([28:52], [31:04], [38:53])

• Redistribution Theme:
  • Argues that Minnesota’s current administration focuses on redistributing tax money rather than genuine economic development or necessary infrastructure.
    • Quote: "This administration under Walz was committed to redistributing income.” (Joe Soucheray, 18:26)
• Skepticism about Impact:
  • Questions tangible benefits received by taxpayers, given poor infrastructure (e.g., potholed streets) and ongoing needs among vulnerable populations.
    • Quote: “What do we get for our tax dollars in Minnesota? Serious question. What do we get?” (Joe Soucheray, 37:02)
    • “If we had evidence that the money we contribute to this state was being used to really improve people’s lives...that’d be one thing. But we walk around with this constant doubt.” (Joe Soucheray, 39:21)

5. Private Charity vs. State Programs ([41:44])

• Accountability:
  • Panelists contrast the transparency and required audits of private charities with state programs which, they argue, lack oversight and accountability.
    • Quote: “The private charity has accountability. The state has none.” (Chris Reavers, 41:55)

6. Political/Cultural Divide & Leadership Critique ([42:45]; [43:42])

• Discussion on state governance:
  • Critiques leadership for lack of local roots and “tentacles” of entrenched bureaucracy.
    • Parodied the situation by joking Garage Logic could apply for a Promise Act grant by claiming “losses” due to ICE.

---

Notable Quotes & Memorable Moments

• Fraud Fatigue: “It’s shoveling snow in the middle of a blizzard.” (Kenny Olson, 35:27)
• On Massive Claims: “You can lose 700 grand in a month.” (Joe Soucheray, 67:13)
• Redistribution: “We work so others don’t have to. That’s the bumper sticker I see everywhere.” (Kenny Olson, 31:04)
• On Grant Criteria: “It’s not plausible that they’ve all been verified. That’s not plausible.” (Joe Soucheray, 10:44)
• Taxpayer Fatigue: “Why have the taxpayers been taken so advantage of when those of us producing the tax money can’t even get a street fixed?” (Joe Soucheray, 35:51)
• Political Alienation: “We seem to have attracted to Minnesota the people who are rooting for this to happen.” (Joe Soucheray, 43:24)

---

Timestamps for Key Segments

• [03:20] — Introduction to Promise Act and initial skepticism.
• [08:29] — Breakdown of grant recipients; patterns among awardees.
• [13:19] — Media coverage & political reaction to fraud.
• [20:03] — Mathematical takedown of the $700M ICE loss claim.
• [24:04] — Soucheray’s core argument against the state’s redistribution.
• [28:52] — Analysis of city report breakdowns and questionable assistance.
• [31:04] — Discussion on what taxpayers actually receive for their money.
• [35:27] — Fraud fatigue metaphor (“shoveling snow in a blizzard”).
• [39:21] — Reflections after talking with a homeless woman.
• [41:55] — State programs vs. private charity accountability.
• [42:45] — Discussion of divisive politics and failure of local leadership.

---

Additional Topics & Color

• Infrastructure complaints: Local roads (St. Clair in St. Paul) described as “disaster” ([35:51])
• Personal anecdotes: Conversation with “Valerie,” a homeless woman, highlighting lack of meaningful impact from state programs ([39:21]).
• Cultural asides: Discussion of how local political figures (e.g., Hodan Hassan) may lack connection to Minnesota.
• Political satire: Entertaining asides about local school board video, “Positive Thursday,” and the ballooning of government “programs within programs.”

---

Tone & Style

True to Garage Logic’s hallmark, the episode blends sardonic humor, pointed skepticism, and regional pride with frustration over state bureaucracy and government spending. Regular jabs at politicians and tongue-in-cheek suggestions (e.g., Garage Logic applying for a grant) keep the tone lively yet exasperated.

---

For Further Research

Listeners interested in verifying or exploring the hosts’ claims can look up:

• Channel 5’s Ryan Raiche’s investigative reports (April 2026) on the Promise Act
• Public recipient lists for the Minnesota Promise Act grants
• News on Minneapolis’ reported $700 million in ICE-related business losses

---

Conclusion

In this episode, the Garage Logic team deconstructs the Minnesota government’s latest claims and programs, arguing that figures like the “$700 million loss” bear little resemblance to reality and pointing to a serious, ongoing lack of oversight and transparency in the state’s handling of public funds. They contend that fraud is now so deeply rooted in Minnesota’s welfare and grant systems that taxpayers are left “shouldering a burden” for which they see little return, all while “the fraud parade” continues with little to no accountability.

---

End of Summary

Transcript

[Progressive Insurance Announcer]

Insurance isn't one size fits all. That's why customers have enjoyed Progressive's name your price tool for years now. With the name your price tool, you tell them what you want to pay and they'll show you options that fit your budget. So whether you're picking out your first policy or just looking for something that works better for you and your family, they make it easy to see your options. Visit progressive.com, find a rate that works for you with the name your price tool. Progressive Casualty Insurance Company and Affiliates Price and coverage match limited by state law

[Progressive Motorcycle Insurance Announcer]

Support for this podcast comes from Progressive, America's number one motorcycle insurer. Did you know? Writers who switch and save with Progressive save nearly $200 per year. That's a whole new pair of riding gloves and more Quote Today, Progressive Casualty Insurance Company and affiliates national averaged 12 month savings of $197 by new customers surveyed who saved with Progressive between October 2024 and September. Potential savings will vary.

[Progressive Small Business Insurance Announcer]

For a small business owner, every day is full of surprises. Some great, some not so great, like when a client cancels their order at the last minute. But here's a surprise you will like. Progressive provides small business owners with 30 customizable coverage options to help keep their business going strong. So go ahead, surprise yourself. Get a quote in as little as 8 [e-mail] Progressive Casualty Insurance Company and affiliates and third party insurers. Coverage is not available in all states or for all vehicles and coverage selections.

[Chris Reavers]

We're rolling.

[Joe Soucheray]

Josh Arnold, investment consultant, brings you garagelogic episode number 1796 June 11, 2026. Second day in a row for the record year. 96 degrees on this day in 1956. 40 degrees on this day in 1903. Call Josh Arnold at 952-925-5608 for a free 48 minute consultation.

[Chris Reavers]

Hail the Flashlight King.

[Joe Soucheray]

And now from the Mayor's office above the boathouse on the east shore of Spoon Lake, it's Garage Logic with Chris Reavers manning technology corner, Kenny Olson from the Crabby coffee shop, John Height in the newsroom, and of course the rookie here is your Flashlight King, fireworks commissioner and the keeper of common sense, your mayor, Joe susher. John, in 1956, given your archives, were we told to stay indoors, lather our faces with Noxzema, and otherwise wear ozone helmets?

[John Height]

No, there were no warnings. There was a story on the front page that said just how hot was it?

[Joe Soucheray]

How hot was it?

[John Height]

And then There was a big 99 there.

[Joe Soucheray]

Oh boy.

[John Height]

Then there was Also, a picture on page one of a toddler, probably, I'd say two years old.

[Joe Soucheray]

Sure.

[John Height]

In a lake.

[Joe Soucheray]

Oh, boy.

[John Height]

Just wearing a diaper.

[Joe Soucheray]

That's what they did.

[John Height]

Holding a cup in his hand and

[Joe Soucheray]

pouring water over his head and having fun. Okay.

[John Height]

It was hot.

[Joe Soucheray]

Boy, 1956 was a different time, wasn't it?

[Chris Reavers]

You think that toddler's still alive?

[Kenny Olson]

Not after that water, they weren't. He wasn't in Lake Hiawatha, was he?

[John Height]

He was in. He was in the. Then Lake Calhoun.

[Joe Soucheray]

Okay, ladies and gentlemen of Minnesota, I think we have a ringside seat to ongoing fraud. I thought we had reached the point where we could take a bit of a timeout and not focus all our energy on fraud, but I was awakened yesterday, and it's my fault that I wasn't up on this. I was awakened to the Promise Act. Garofalo brought it up. Yes. Now, Kenny and Jay Coles have done a bit of work on the crabby coffee shop in the Promise Act. The Promise act was the creation of a pot of money. In 2023, it was $100 million. And business people could apply for an award. They could apply for a grant. And I spent most of yesterday afternoon, however gorgeous it was in a great deal of time last night, just getting lost in the paperwork, looking this up. Just one interesting aside. One of the authors in the house was Hodan hassan, a district 62, a local fella. It's a gal. Oh. And under biographical information is not known where she was born or when. So I thought that. I thought that was kind of interesting.

[Hodan Hassan]

Usually they give you a little bad

[Chris Reavers]

Somalia someplace, but, hey, don't be Islamophobic.

[Joe Soucheray]

I'm not. But it's just interesting we're having bills created by people that are so new, that have no interest. So I began looking at this. It's a pot of $100 million given out in over a period of time. And I began looking at. Well, here, I'll set it up a little better than that. To qualify for a Minnesota Promise act small business grant, your business must have annual gross annual revenues of 750 grand or less. But registered with the state. I'm sorry. Register with the Secretary of State. However, sole proprietors do not have to register with the state.

[Hodan Hassan]

If you're sole proprietor, you're excused.

[Joe Soucheray]

And maintain operations for at least 12 months post award. Additionally, your business must be physically located in state designated eligible geographic areas. For example, in the metropolitan area. I don't think I'm exaggerating. This is all Public. You can find this. I think it's mostly congressional District five and a great chunk of eastern Ramsey County. All right. You must be registered with the Secretary of State unless you're a sole proprietor. You. If your business is run from your home, you must have legally claimed the home office deduction on your taxes. At least 50% of your business's employees or operations must be based in Minnesota. Your gross annual revenue must be 750 grand or less based on your most recent completed tax year. Right off the bat, what I would say is why do we even have this program? Why is it. Why is it necessary?

[Kenny Olson]

I can tell you what they say, Joe.

[Joe Soucheray]

I know what they say, but I'm just being rhetorical, but go ahead.

[Kenny Olson]

They will be awarded grants to eligible businesses and communities that have been adversely affected by structural racial discrimination, civil unrest, lack of access to capital, loss of population or an aging population or a lack of regional economic diversification. A lot of big words there, Matthew, I'm telling you.

[Joe Soucheray]

Well, it's all nebulous because who, what black person or person of color could not create a pretty good story about racial discrimination. This is all. This is the birth of. This was the George Floyd week.

[Kenny Olson]

Yeah. If I remember right, one of the people that received a grant and I think I saw this on the Channel 5 report you mentioned used it to repair her delivery van so she could continue to deliver whatever her products it might have been bakery goods to her customers. That was one case.

[Joe Soucheray]

Okay.

[Josh Arnold]

Yeah.

[Joe Soucheray]

So I started looking at the Promise act grant awardees. You started to Yesterday.

[Hodan Hassan]

Too long to print out.

[Kenny Olson]

Yes.

[Joe Soucheray]

And I'm on the first page and there's been more than 1200 awardees, so I did not look at all 1200. But the very first page, everyone is

[Hodan Hassan]

named Abdul Abdullahi Abdi.

[Joe Soucheray]

Well, not everyone, but.

[Chris Reavers]

Well, it's the vast majority for sure.

[Joe Soucheray]

The vast majority. That's page one. We're still in A's. Then we get to Abdaziz and the Abda Faz. Then we get the Abdi Kadur. Then we get the Abdi Nasser and the Abdi him. And. Okay. And I thought, well, let's keep turning here. There's got to be a Betty Johnson in here somewhere. Then we get to Ab, Abdi Razak, Abdullah Z, Abdullahi Abdullah Kim, Abdullah Kadore. These are first names. And then I thought, well, I can't be that rash. Let me jump around. Well, you go to H's and it's pretty much a lot of Hasan's. Then you go to M'S. And it's pretty much a lot of Mohammeds and Mohammeds and all the way

[Chris Reavers]

it's listed like a telephone directory, in all seriousness, by division of each letter at the top of the webpage.

[Joe Soucheray]

Or is it just a series of things? You just start on page one with the awardees and you just keep scrolling and scrolling and scrolling. And for example, virtually all of these awardees with Somali names are sole proprietors. Okay. It doesn't tell me what they're a sole proprietor of, but for example, Abdallah Abdi, sole proprietor, Twin Cities Metro, got 15,800. I don't know what he claimed. ABD Property LIC Limited Liability Company got 20,500. D. Aziz Bully, sole proprietor, got 23 grand. Well, it goes on and on and on and on. And I'm sorry, I live in Minnesota. It's not plausible to me that this isn't fraudulent. It's just not plausible. This is just a new way they came up with it. They created another potential Bobby Joe Champion, authored in the Senate, Hodan Hassan Mohamed Noor Zhong, whose first name I can't pronounce. In 2023, a pot of $100 million was created to disperse. And I'm. It's dispersed through deed, the Department of Economic and Employment Development. Yeah.

[Kenny Olson]

And then there's DEED also.

[Joe Soucheray]

Then they disperse it through various neighborhood groups.

[Kenny Olson]

Yeah, thank you.

[John Height]

That's.

[Kenny Olson]

Yep. Yep.

[Joe Soucheray]

So for all I know, Abdi H. Haeed, sole proprietor, who got 14,400. For all I know, he's a sharp businessman who lost a lot of money because of the riots and whatever. I don't know. But what I do know is there's been more than 1200 recipients so far. And it's not plausible that they've all been verified. That's not plausible. Especially if the money is. It goes from DEED to the Neighborhood Development Corporation, NDC in a certain neighborhood, then that neighborhood writes the check to Abdi Bapa Da Ba Ba for what? Okay, now. Now wait. Nobody has looked at this in terms of a news entity except five Eyewitness News. So I go back to. And you should research some crabby coffee shop shows because Kenny and Jay did talk about this.

[Kenny Olson]

I think Jay, if Jade wasn't the reporter on the story, he was the one in the background.

[Joe Soucheray]

Well, here's a Ryan rache story from April 14, just two months ago.

[Kenny Olson]

I think we had. I think we had Ryan on that day.

[Joe Soucheray]

Walls acknowledges potential loopholes in Minnesota Promise Act. He said he remains confident in the Minnesota Promise act despite Acknowledging potential loopholes in the $100 million grant, a 5 Investigates report that raised concerns about improper payments. Walz addressed the investigation publicly for the first time after the reporting identified multiple grant recipients who may not have qualified for taxpayer funded assistance under the program. My confidence level is high, walz said when asked whether sufficient checks are being done to prevent fraud. But I will say this. Do I think fraudsters are targeting it? Yes, I think they target every program. Then why do you keep creating the programs? Why was this program necessary? It was created by State Senator Bobby Joe Champion. It continues to distribute millions of dollars of grants through the Department of Employment and economic development. While DEED is reviewing questionable recipients flagged by 5News, Wall said he still believes the program is functioning largely as intended. Well, I don't believe they are. Champion downplays concerns about the program, saying in an interview, guess what? We know there's no fraud. I don't. I don't believe you, Bobby Joe Champion. I do not believe you. I believe this is probably so rife with fraud that we would be hard pressed to believe anything said about it. Now there's another piece that was April 14th. Prior to that there was a piece April 6th, 2026, just two months ago, also by Ryan Raiche. The $100 million grant program intended to help Minnesota small businesses is facing renewed scrutiny after 5 Investigates identified grant recipients who weren't eligible. A months long review of public records and I you know, what they go through is very difficult. Ryan Rache, Coles Hauser. Because I did it yesterday and look at the pile of stuff I brought in and it's just very difficult to.

[Hodan Hassan]

It's deceptive to track it.

[Joe Soucheray]

They found recipients appearing to be living outside of eligible neighborhoods because again, you can do this yourself. You can go and I found the geographical maps of where you can supposedly live to become eligible there. Oddly enough, as I say, it's pretty much District 5. And an eligibility requirement is you have to live in a qualifying area. Paradise Assisted Living received more than 21 grand in promise act funds. The business is located in Bloomington. Well, that's not in the area. So they had that money was.

[Hodan Hassan]

That's outside of the circle of friendship.

[Joe Soucheray]

And I got news for you too. I'd have to count them all. I don't have time. See, that's the other thing they get away with. A lot of us law abiding citizens who work hard and pay our taxes and raise families, we don't have the time to count their mistakes. For example, I can't guess the number of so called transportation companies that applied for money. Boy, if you're walking in this town, you're a sucker because there's a. And if you're starving, you're a sucker. There's many transportation firms that. That applied for money. Why are. Why do I have an obligation? Why do you, your neighbor, the guy across the street. Why do we have an obligation to support Somalis to this extent? Somebody explain it to me.

[Chris Reavers]

And why, when you point it out, are you labeled? It's a joke.

[Joe Soucheray]

No, I'm a gl er. I mean, I wish the best for my Somali brothers and sisters, of course.

[Chris Reavers]

The ones that abide by the law

[Joe Soucheray]

and regulations like everyone else in the country. Why are the taxpayers of Minnesota suddenly on the. There's more coming up on this. Just a moment. Why are the taxpayers of Minnesota obligated to do this? We have high gas prices, high food prices. We could all use a little more money in our pocket. And we're creating pots of big money to redistribute. This is. I think what's happened is this administration under walls was committed to redistributing income. And this is how they're doing it.

[Hodan Hassan]

Well, the trifecta didn't hurt.

[Joe Soucheray]

And it's fraudulent.

[Hodan Hassan]

The abundance of many vans out there that say transportation plus.

[Kenny Olson]

Well, according to the alpha piece today, that congressional investigation discovered that Walls and Ellison knew as far back as the teens. The 20 teens.

[Joe Soucheray]

Yeah, but this, to me, this is also interesting. This promise act is an out of whole cloth entity that was created a little bit after the discovery of fraud, but knowing full well that fraud was full blown in the state of Minnesota. Now you have to me, it was an act of such extraordinary boldness. I can't believe it. They came up with another idea. Let's create a pot of $100 million of Minnesota tax money and we'll redistribute it this time we'll say because businesses were distressed, racial discrimination or hardship caused by riots or whatever. Now on top of this, you get this news out of Minneapolis yesterday that businesses in Minneapolis. I think the word small was used. Small businesses in Minneapolis lost 700 million due to the presence of ice here.

[Chris Reavers]

We don't know that.

[Joe Soucheray]

I'm not buying it. I didn't buy it yesterday, But I've done more homework and we even did some math. Wait, wait, wait.

[Chris Reavers]

You did math?

[Joe Soucheray]

No, let's say you have a thou. Let's just say a thousand businesses. Is that a fair number for Minneapolis?

[Kenny Olson]

Sure.

[Joe Soucheray]

A thousand businesses were affected by ice. Let's just say that a thousand. That's a hell of a lot of coffee shops. 1,000 into 700 million is 700,000. So you're telling me in two months time that you can identify 1,000 businesses that each lost 700 grand? We're being. Here's my question.

[Chris Reavers]

Check it on out.

[Joe Soucheray]

What's going on here? What. What is being. What is being done to us? What is this?

[Chris Reavers]

We're being robbed blind is what's happening.

[Joe Soucheray]

What is this now in that 700 million? I guess our costs for police overtime and gas for fire trucks and what have you. I understand that, but there's not a chance if Minnesota, if Minneapolis businesses lost 700 million because of the presence of ICE, Minneapolis must be one of the wealthiest, most successful cities in the country. Everyone must be doing really, really well. Yes, you in the back at the

[Chris Reavers]

mercy of really throwing a lot of figures at you. And forgive me for doing so. I actually don't doubt that the city lost a significant amount of money, but the percentage of the amount to blame ICE is very insignificant. Businesses are losing money because of regulations, because of the cost of running a business in this city and in this state, because of government regulations. More than ICE had anything to do with it. Well, these businesses were failing way before ICE had any presence in this country.

[Joe Soucheray]

Well, if they were failing, how do you come up with 700 million?

[Chris Reavers]

Well, they pulled it out of their rear end.

[Joe Soucheray]

It.

[Kenny Olson]

It initially was said to be 300 million. It includes dips in business reserve law. Excuse me, Revenue lost wages for employees and additional costs including the city budget with police, overtime, etc. Etc.

[Chris Reavers]

Oh, so it's like the light rail project. It just keeps going up the number.

[Joe Soucheray]

No, seriously, what is being done to us?

[Kenny Olson]

It caused Minnesota's hospitality. I'm sorry, I can't talk today. And tourism sectors which have large immigrant populations to lose approximately 4,600 jobs and 71 million in lost wages.

[Joe Soucheray]

Well, I thought ICE agents were dying to get into these hotels, which would have produced revenue.

[Chris Reavers]

They're using ICE as an excuse for what really is causing the plague and the downturn spiral of Minneapolis.

[Joe Soucheray]

No, but is this Minneapolis with its handout for fraud money because they want federal and state money to cover this?

[Chris Reavers]

Why don't you tell me?

[Joe Soucheray]

I don't know.

[Kenny Olson]

The great thing about this, Joe, is we can grab our lawn chairs, park them on the curb and watch. Watch the fraud parade come up the street, go by us and then disappear

[Joe Soucheray]

into the distance until we can't afford

[Kenny Olson]

forward to with this story. We're literally watching the fraud parade go by. This is how it happens. So everybody should pay real close attention to this. If you can find the story, I only see it on sahan.

[Joe Soucheray]

What, the 700 million? Yeah, I got it.

[John Height]

It's. Yeah, it's front page on the starter.

[Joe Soucheray]

I got it. Okay. Latest surge. This is from. Well, you could. All the news sites have. Latest data show metro surge cost Minneapolis nearly 700 million BS. No, it didn't. It's not plausible. It's not plausible that the state of Minnesota had any obligation whatsoever to create a pot of $100 million and hand it out to everybody named Abdul or Mohammed.

[Chris Reavers]

This is akin to any Democrat in the state saying they're running against Trump. That's the ex. Same thing that we're being sold here.

[Joe Soucheray]

This is why I have had motorcycles all my life. Although right now I don't. I have a scooter from Ecofund Motorsports. And the good news is because I pay a lot of taxes in Minnesota, I can do 80 miles of errands on five bucks because my scooter takes premium, doesn't have to. I choose to do it. 300e bikes in stock at Ecofund Motorsports. Kaylin Bloom, Tim's daughter, is available full time to fit you to the correct bike. Huge selection of Kawasaki Aprilia and Yamaha motorcycles. They got a motorcycle alley with 120 bikes on display. Scooters on sale starting at 1499. Every errand's an adventure and you're gonna do about 80 miles worth, if not more, on one gallon of gas. Kawasaki Mules side by side starting at 91:99. Just in time for work around the home garden, farm or cabin this summer. Yamaha Wave Run and Kawasaki Jet Skis in stock. Buy one, mention you heard about it on GL and get a free Yamaha pull behind two matching tow rope and air pump. Check out the full [e-mail] and remember Ecofund, the most stores you'll ever enter. There in Forest Lake, Columbus, on Highway 97, just west of Interstate 35. And down in Burnsville on the service road of life. Ecofunmotorsports.com.

[Chris Reavers]

Reavers here once again for my guy, Mr. Money Talk. Josh Arnold. Does thinking about retirement make you uncomfortable? Well, sometimes the anxiety from wondering if you've saved enough can be overwhelming. But what if I told you that you could ease those tensions in just 48 minutes? Well, Mr. Money Talk is going to be able to sit down with you and get you on the right track for your financial future. Josh has navigated it all when it comes to uncertain market and economic conditions. And he'll always provide straight talk, never sugarcoated advice on how to reach the finish line with your retirement goals. Don't let your financial worries give you an ulcer or keep you from calling Josh right now. His 48 minute, no obligation consultation could be just what you need to feel better about your future. Call Josh today at 952-925-5608 and set up your free, yes, free 48 minute no obligation consultation. That's 952-925-5608.

[Investment Disclaimer Narrator]

Investment services offered by Josh Arnold Investment Consultant, LLC. A security investment advisor. Past performance is no guarantee of future results. All investments involve risk. All comments and opinions are Josh Arnold's and do not constitute investment advice.

[Joe Soucheray]

Chris Reivers is a paid endorser. Okay,

[Chris Reavers]

this guy wears many hats, just not indoors.

[Kenny Olson]

Joe Sushire how many of you folks that are out on the lake over the fourth have or take part in the pontoon parade? Big deal on the lake my mom's on. Lucky for us, Warner's Dock has an extension. Extensive selection of both Premier pontoons and Bentley pontoons and they're on sale today. Nothing better than family time sitting on that Pontoon doing about 2 mph floating around the lake, not waving at people on shore. And keep this in mind, you older folks. For the kids, the young, these are the good old days. So make memories with the family. You can shop [e-mail] or go on over there and shop in the largest air conditioned showroom you'll ever see. If you don't care about pontoons, but you do care about fishing boats, Warner's Dock specializes in Alumacraft boats powered by three of the best, Yamaha, Suzuki and Mercury. From sales to service to storage, Warner's Dock in New Richmond absolutely the place to go. They do all sorts of repairs too. Electronic installs, trailer stuff. They are committed to keeping you and your family on the water and happy this season. They're in New Richmond. They've been around 79 years. Four generations of family committed to your family. And they're on the web.

[Joe Soucheray]

Warnerstock.com the statement for the city shows a breakdown for this $700 million, 607 million in financial losses to workers and businesses. I'm not buying that number. $63 million in rent assistance, $9 million in food security assistance, $7 million in mental health, 2 million in youth well being, safety and education. Minneapolis doesn't leave people behind, said Mayor Fry. This report documents some of the real hardships. The lost income, the food insecurity, and the increased mental health needs. But it also documents something else. It documents the strength of the community. It sounds to me like the weakest possible community that could exist. If you need to now, feed people, house them, make up their wages, If you go down this road, which is. It seems to be the road we're inevitably going down, how long before the government is just one big gob of central planning? And it's to the government you turn for food, shelter.

[Kenny Olson]

Isn't that the plan, Joe?

[Joe Soucheray]

It must be the plan.

[Kenny Olson]

I mean, that's the mystery right there.

[Joe Soucheray]

It just must be the plan. Because you're listening to this show, you're working, you're paying your taxes, you don't cheat, you're following the law. You're having a discussion with the wife about three of the kids need new shoes, and she's telling you that I just spent $81 on one bag of groceries and it took $78.62 to fill up the car. The shoes don't happen this week. Our tax money is funding people we have no obligation to fund.

[Kenny Olson]

We work so others don't have to. That's the bumper sticker I see everywhere.

[Joe Soucheray]

Yes, I would like the deed. The economic and employment development thing, whatever it is, they owe us. They owe us an explanation. What do all of these sole proprietors who are applying for, and many of them winning a grant from the Promise act, what do they do? They're sole proprietors. What do they do?

[Hodan Hassan]

Aren't we owed that?

[Joe Soucheray]

That's not listed in any of the material. A lot of the material is public. You can spend like I did. You can just lose yourself exploring this stuff. Go to the Google and start typing in Minnesota Promise act grant awardees. Minnesota Promise act grant awardees. You tell me if I'm engaging in hyperbole.

[Kenny Olson]

You're borderline, because I did do a deep dive like you requested, and I did find some generic name companies like ABC Transportation.

[Joe Soucheray]

Oh, I wonder what that means. So I am being hyperbolic, right?

[Kenny Olson]

No, no, let me, let me. Let me finish. I'm not telling you you're wrong. You're right, but. And then I started looking at the people out state that also received this because I was curious. What kind of racial problems have you found out state? And there was a pizza guy up and I think Bemidji. And I went to his website. He's a white dude that he got some money and then there was a hobby Farm over by Fergus Falls. And they raised the usual hobby farm stuff on their 10 acres. They got some money, but they're few and far in between.

[Chris Reavers]

I'm seeing one for quality leering. Transportation.

[Hodan Hassan]

Quality leering.

[Chris Reavers]

Get it? Food front.

[Joe Soucheray]

Let me tell you something.

[Chris Reavers]

Talk to me.

[Kenny Olson]

Listen. Right now. Here it is.

[Chris Reavers]

Tell you something right now.

[Joe Soucheray]

I told you when the food fraud broke out that. No, not the food fraud.

[Chris Reavers]

No, it was the PPP loans.

[Joe Soucheray]

Yeah, the personal protection loans. GL could have gotten worse.

[Chris Reavers]

100%.

[Joe Soucheray]

GL could now apply for a Promise act grant.

[Chris Reavers]

We lost advertising revenue because of ICE's presence here in GL.

[Kenny Olson]

Here's how it works.

[Chris Reavers]

Oh, my God, you're brilliant.

[Joe Soucheray]

Tammy, some money.

[Kenny Olson]

If you have a gross annual revenue in the a previous tax year of 100,000 or less, you can get 10 grand. If it's 100,000 to 350, you can receive up to 25. And then, like you mentioned, Joe, 350 to 750. Up to $50,000.

[Joe Soucheray]

Okay, stop right there. What obligation do I have to provide more money to someone who had a gross business last year of 750 grand? Right.

[Kenny Olson]

That's the.

[John Height]

What?

[Joe Soucheray]

What, what? Obligate. I have no obligation.

[Kenny Olson]

You would think.

[Joe Soucheray]

How do you have the balls to. To apply for money from the state if you had GROSS Revenues of 750 grand last year and you're a sole

[Hodan Hassan]

proprietor, and if that 750 grand came from the state because you said you were feeding the children and you build the state for 750 and then you're getting a grant on top of it.

[Kenny Olson]

And here's the deal. If you. Your gross annual revenue was 7:50 and your net revenue was a thousand dollars. You're brilliant. I like the way you do your taxes, my friend.

[Joe Soucheray]

You are brilliant.

[John Height]

Do you think a lot of this? Do you remember? You guys probably don't remember, but there's so many programs, Joey. You always say that. Program within programs, etc, and there's so much going on. And I remember that first story you read with walls saying, yeah, there might be some loopholes. I read that story as part of a newscast and none of us said a word about it. I mean, there's just so much that piles up, you can't possibly absorb it.

[Investment Disclaimer Narrator]

You're right.

[Joe Soucheray]

Even though Kenny and Jay did it. I don't recall GL Ever discussing the Promise Act.

[Kenny Olson]

It's shoveling snow in the middle of a blizzard.

[Hodan Hassan]

You mean because we became immune to it, Johnny.

[John Height]

And just mean there's. There's so Much. And I can remember reading that story and the possibility of fraud. And there's so many fraud stories now, so many programs that we basically. I read the story and I remember there's very little reaction. And that surprised me. I thought there'd be more reaction between

[Joe Soucheray]

Cleveland Avenue and St. Paul. For you listeners in Phoenix, Arizona, that's pretty much, you know, in the middle of St. Paul, it's a north south street. And Fairview Avenue in St. Paul, which is a north south street, you can go down a street called St. Clair, which is an east to west street between Fairview and Cleveland. It is an obstacle course to prevent damage to your car. And I'm not exaggerating. It's. And I was thinking of that today when I was on the obstacle course. I'm going in to talk about why taxpayers have an obligation. They don't. Why have the taxpayers been taken so advantage of when those of us producing the tax money can't even get a street fixed? Now, granted, there's pothole crews all over the place. They probably just haven't gotten to that stretch yet. But it's a notable stretch. Complete disaster.

[Hodan Hassan]

If there's worse. That's to your point.

[Joe Soucheray]

Right. What do we get for our tax dollars in Minnesota? Serious question. What do we get?

[Hodan Hassan]

Not enough.

[Chris Reavers]

Well, we get fire rescue, police.

[Joe Soucheray]

Get fire rescue police, some street lights that work.

[Chris Reavers]

Paramedic. Unless you're in St. Paul.

[Kenny Olson]

We get those from the city and they get some grants from the state.

[Joe Soucheray]

What do we get from the state?

[Chris Reavers]

Yeah, we get paid family leave.

[Kenny Olson]

You're on the right track, Chris.

[Josh Arnold]

Yeah.

[Chris Reavers]

Oh, quick aside, you gotta find the Stillwater school board video from yesterday.

[Joe Soucheray]

No, I don't. Oh, I can't take it.

[Chris Reavers]

They're saying this paid family leave is gonna be basically costing us triple the amount that originally was going to cost us.

[Joe Soucheray]

Of course it will.

[Josh Arnold]

Anyway.

[John Height]

Sorry.

[Joe Soucheray]

Because it's under the administration of the worst governor in the history of Minnesota.

[John Height]

All right.

[Kenny Olson]

But we're supposed to get infrastructure things. To answer your question, light rail.

[Chris Reavers]

We get light rail.

[Joe Soucheray]

Well, we got light rail.

[Hodan Hassan]

Bridges.

[Chris Reavers]

Most of them are almost done.

[Hodan Hassan]

Bridge repair.

[Joe Soucheray]

Well, and they're done. They're. They're fixed up.

[Chris Reavers]

Once in a while, one will go down every couple.

[Joe Soucheray]

You gotta lose one once in a while.

[Josh Arnold]

Get.

[John Height]

We get what?

[Joe Soucheray]

What do we get?

[Chris Reavers]

Well, we get free food.

[Hodan Hassan]

Mosquito.

[Kenny Olson]

Mosquito control.

[Chris Reavers]

Got parks. Kenny is a good point.

[Joe Soucheray]

We get parts. Get a part.

[Kenny Olson]

Wildlife management.

[Chris Reavers]

Bike lanes.

[Joe Soucheray]

Well, you get wildlife management. But there's a heavy duty license and fee if you want to actually fish.

[Kenny Olson]

Get me started on the dnr.

[Chris Reavers]

See, that's our job to get you going, not your job to get Kenny going.

[Kenny Olson]

Don't do that.

[Joe Soucheray]

It's not your job to get me going. I'm entirely capable of that on my own.

[Chris Reavers]

Let's see, what else do we get?

[Kenny Olson]

Your point being, though?

[Joe Soucheray]

The point being that the vibe in Minnesota is that we're being weighed down. There's a bit of a burden we're carrying around, and that is never knowing if things are on the up and up, never knowing. It'd be one thing if we could point to tremendous success in a movement of uplifting of people who are. I talked to a girl yesterday. She was sitting in front of a target.

[Chris Reavers]

Oh, boy.

[Joe Soucheray]

And she was clearly distressed. She had a little cardboard side and said, homeless. So I said, what's your name? She said, valerie. I said, well, Valerie, what's the deal? Why are you homeless? Do you have any promise of help coming forward? Well, I've been on a waiting list for six months, she said. And we chatted and I just, you know, felt. I said a prayer and gave her some dough and went on my way. But my point being, if we had evidence that the money we contribute to this state was being used to really improve people's lives, really uplift them and help them out, that'd be one thing. But we walk around with this constant doubt in our minds. We walk around with this constant bewilderment. We are governed poorly. We are governed by people who have resulted in the Twin Cities becoming squalor. Like you have to leave the metro area to find enjoyment and good cheer. We are burdened by the idea that our money is being poorly, poorly spent, if not completely fraudulently taken.

[Hodan Hassan]

Truthfully, if you knew that the state had the drawer of $100 million and it legitimately was going to the likes

[Joe Soucheray]

of Valerie, well, Valerie wouldn't be sitting there.

[Hodan Hassan]

Right. But we would all don't if we were to.

[Joe Soucheray]

You already are. It's just that you're burdened by the idea that you have no clue what became of that money. True. You know, Billions stolen. No kid got fed.

[Hodan Hassan]

Why does the private.

[Joe Soucheray]

Billions stolen. No kid received autism care. Very few billions stolen. No one received any semblance of credible housing author stabilization. Billions spent. Nobody's daycare was improving the lives of parents. Very few were. It's been fraudulently taken.

[Hodan Hassan]

But why wouldn't you give to a private charity, a legitimate private charity? Do they have to jump through all these hoops and answers and audits I can help you.

[Chris Reavers]

The private charity has accountability. The state has none.

[Kenny Olson]

I found it interesting that you use the phrase we have been burdened by. You know what that reminded me of, don't you, Kamala? Oh, we need to be unburdened by what?

[Chris Reavers]

He did it. Hey, he did it. He introduced it.

[Joe Soucheray]

I need to be unburdened by what has been. I don't want to hear her. I do not want to hear her now.

[Hodan Hassan]

Isn't Ukraine a country that's by Russia?

[Joe Soucheray]

It's by a bigger country.

[Kenny Olson]

Anyway, another interesting thing about that is they use that phrase and discuss that phrase extensively in the Alpha news piece. The. The documentary Minnesota Mao.

[Joe Soucheray]

Burdened. Yeah, yeah, I just came up with that.

[Kenny Olson]

The unburdened. The Kamala phrase. Unburdened by what has been.

[Joe Soucheray]

I don't see. Well, Garofalo's solution to the mess we're in as a strongly divided government. I just don't see it happening here. I think the tentacles of this are so deeply entrenched that Minnesota will prove not to be a very good place to raise your family if you're a legitimate, hardworking, achieving, law abiding citizen. I just.

[Kenny Olson]

So how do we do. How do we achieve that then? How do we. We need a stronger Republican Party. How do we get a stronger republic? How do we unite the party?

[Joe Soucheray]

We seem to have attracted to Minnesota too. The people who are rooting for this to happen. We seem to have invited the people who want the Robin Wansleys to hold office. We seem to be rooting for the voting, for the people who dream up promise acts.

[Kenny Olson]

That's what we think that Becca Thompson brought up yesterday on Crabby, that none of these people were born and raised. We were talking locally. Minneapolis were born and raised in Minneapolis, Minnesota. They don't know the little idiosyncrasies of living in the Twin Cities. For instance, is it the Marshall Avenue bridge or the Lake Street Avenue Bridge? Those people don't understand that fun argument.

[Joe Soucheray]

Well, or.

[Kenny Olson]

And that's who's in charge, Joe. People not from here or.

[Joe Soucheray]

Hodan Hassan doesn't know where she was born or when. Yeah, she holds a legislator's seat.

[Josh Arnold]

Yeah.

[Hodan Hassan]

And imagine what can be.

[Joe Soucheray]

Doc, stop it. Do you know that Rosedale Chevrolet is a business elite dealer? I got it.

[Hodan Hassan]

You're unburdened by what has that.

[Joe Soucheray]

It's a business elite dealer. But here's what that means. They get special fleet allocations. They can get the inventory for all their fleet customers that non business elite dealers don't have access to that means more work ready trucks on the ground and ready to go for their fleet customers. Every imaginable truck you need is on the grounds of Rosedale Chevrolet County Road C in the interstate in Roseville right now. They made a special purchase just recently of 2024 Low Cab Forward 5500 series. Some have the crew cab, some with the regular cab. A couple of them already have boxes and the rest you can be upfitted any way you. They all have less than 1,000 miles. You're going to save thousands of dollars compared to new. These guys at rosedale Chev have 75 years of combined truck experience. I don't care if you need a stake truck, a pickup truck, a dump truck, a plow truck, a cargo truck. They've got the trucks at Rosedale Chevrolet in stock now. Connie, Road C and Interstate 35 in Roseville or Rosedale Chev one word rosedalechev.com.

[Kenny Olson]

Positive Thursday is it's positive so far and it's brought to us by Schoonover Body Works and Auto Care. Mike. Our friend Mike Schoonover is with us by the way. Shoreview 1060 County Road E. Hi Mike, how are you?

[Mike Schoonover]

Hi Kenny. I'm great today. Good to be with you.

[Kenny Olson]

You sprung something on me. You sent me a text with without saying anything and it was a link for something called Stealth Hitches. Now I know about Rigid Hitch, but I. What are you doing here with this text message? What is Stealth Hitch and why did you send it to me?

[Mike Schoonover]

Well, you know Kenny, when we do all this body work, there's a lot of times we have, have customers that have trailer hitches in the back.

[Kenny Olson]

Yeah.

[Mike Schoonover]

And we replace them and we replace a lot of them and, and then folks call us up and say, hey, do you install hitches? Well, we've done it for years and so we finally decided to partner up with Rigid Hitch which is a local company, you know, down in Burnsville.

[Kenny Olson]

Yeah, a legendary local company, Mike. They've been around for a long time.

[Mike Schoonover]

Yeah, American made, all that good stuff. And then, and then a company called Stealth Hitches, another company that makes their, their equipment equipment here in, in the US they may, they have more of a limited line but the, the cool thing about their product is is it's, it's called stealth for a reason. Because it, you don't see it, you are able to detach parts of it so it doesn't show. So it's pretty cool. And both of them are both of them stealth hinges and, and the rigid hitch products are just great products.

[Kenny Olson]

I like the stealth hitch thing and I was hoping you were gonna say what you said because I'm one of those nerds that noticed hitches on cars that shouldn't have hitches. And I always wonder, what were you dragging with that big giant hitch on the back of your little sedan? What's up?

[Mike Schoonover]

Yeah, well, we've installed a few of them and we put them on. We put one on a Porsche, one on a BMW and I think there was a, like an Alfa Romeo. And these were for bike racks, you know, not full blown. We're not going to be pulling the, you know, the bolt with these vehicles. They're just, they just want to put a bike rack and you know, those e bikes are so, so heavy. And to be able to put a bike rack on the back and then mount it in the back of your car and then when you're not riding around with that bike rack or trailer or whatever, you can pull the hitch off and it. And it. And it's gone. So it's pretty cool. It's really neat technology.

[Kenny Olson]

That's absolutely brilliant, Mike. And just another reason why Team Scoot over is the official shop of garagelogic. You've been at it since 1938. You learn a thing or two in those years. The official shop of GL and the crabby coffee shop always rated as one of the top shops in the [e-mail] thank you, Mike.

[Josh Arnold]

Thanks, Kenny.

[Mike Schoonover]

Thanks Jellers. You guys have a great day.

[Joe Soucheray]

Mate schmate. Here's Joe Sugeray. Here's John Height.

[John Height]

Thank you, Joe. This news brought to you by North American Banking Company Just as an asago, and I mean this with only all the respect you do, I can't help but notice you are now saying dealer like I say bomb.

[Joe Soucheray]

I know.

[John Height]

Very slow.

[Joe Soucheray]

I have to, John. I've been caught in your trap.

[John Height]

Yes, I. I can relate.

[Joe Soucheray]

Trust me.

[John Height]

In news, Vance Belter pleaded guilty this morning to the murders of Melissa and Mark Hortman and the shootings of John and Yvette Hoffman. Under the terms of the plea deal, Belter is expected to be sentenced to two consecutive life sentences followed by 40 years in federal prison as part of the plea deal. The death penalty is off the table. U.S. district Court Judge John Tunheim said he hopes the sentencing will occur before the end of July. During the plea hearing, Belter admitted to carrying out the attacks against both the Hortman's and the Huffmans.

[Joe Soucheray]

I was wondering about the death sentence. That explains it. He traded that for the plea.

[Chris Reavers]

For the plea agreement. Yeah. It was an interesting take by Pat yesterday too on that. I don't know if I could sit there in that courtroom.

[Joe Soucheray]

Well, you didn't have to.

[John Height]

Federal prosecutors and law enforcement leaders announced yesterday afternoon that a fugitive that we had talked about earlier sought in the Feeding Our Future fraud scheme has peacefully surrendered. U.S. attorney Daniel Rosen made the announcement during a 4 o' clock news conference saying that Saeed Abdullahi Eric had surrendered that afternoon. Rosen shared that federal law enforcement officers were waiting at the gate when the plane that Eric was on landed at the Minneapolis St. Paul International Airport. The announcement came five days after the FBI offered a $150,000 reward for information on Eric, a Minneapolis man wanted for more than two years for his connection Defeating Our Future. After the announcement was made, Eric said he would return to the United States from Kenya. According to Rosen, Eric was first charged in Defeating Our Future fraud scheme in 2024. He had been on the run since then. He faces charges of conspiracy to commit wire fraud, wire fraud and money laundering. Prosecutors say EARIG owned and operated Evergreen Grocery and Deli, a for profit grocery in Deli in South Minneapolis. He enrolled the business in the federal child nutrition program under the sponsorship of Feeding Our Future. The business fraudulently claimed to have served over 1.4 million meals and received over

[Joe Soucheray]

$4.2 million and his business lost 700 grand. When Ice was in town, Eric and

[John Height]

his wife, Najmo Ahmed, used the money for LU purchases and to pay kickbacks to Abdikiram Adley, another Feeding Our Future defendant who hasn't been caught, according to prosecutors. Court documents show the attorneys for Gregory Morgan Jr. Who is facing two charges of assault, has requested to be tried in federal court. According to those documents, the defense team is arguing that Morgan, who is operating as an ICE agent at the time of the alleged incident, is entitled to have his trial take place in federal court because of his federal agent status. And if a county attorney, Mary Moriarty previously previously said she did expect the case to move to federal court, but state prosecutors would still lead the case. You'll remember we talked about this when it happened. According to the complaint, Morgan, an ICE agent, was driving an unmarked vehicle as part of Operation Metro surge on February 5 while driving on Highway 62. He reportedly tried to illegally pass eastbound rush hour traffic on the right hand shoulder of the highway around 4:20 in the afternoon. A driver and a passenger in another vehicle said they saw a Ford Expedition SUV approaching on the shoulder in their words, really, really fast from behind and pulled onto the shoulder to slow the SUV down. When the victim driver moved back into the regular flow of traffic, Morgan allegedly pulled alongside the car, opened his window and pointed a handgun at the victims. Morgan's attorney said the allegations set forth in the charging affidavit offer one bit of a much bigger story. He claims he was dealing with heightened tensions and had a split second to react to an aggressive driver. Concessions workers at Target Field are getting ready to walk off the job as a contract dispute with their employer intensifies. According to the union that represents them, almost 500 employees are fighting for a new contract that includes fair wages, affordable health care and stronger job protections. Unite here. Local 17 says the concessions workers employed by Delaware North Company currently make minimum wage and lack access to employer provided health care. They did announce a strike date this morning. The announcement follows a successful strike authorization vote on May 1. 81% of workers voting in favor of a strike if a contract agreement can't be reached.

[Joe Soucheray]

John, may I interrupt you for a moment?

[John Height]

Certainly.

[Joe Soucheray]

This report that the city of Minneapolis lost 700 million because of the ice surge, well, it's even more interesting because the most impact was felt in the Central and Whittier neighborhoods. Do you think those two neighborhoods have a thousand business businesses?

[John Height]

No.

[Joe Soucheray]

So just two neighborhoods apparently are responsible for the brunt of the 700 million being lost. This is all BS folks. We got a front row seats right here parading down the street in front of you.

[John Height]

You'd think somewhere they'd have a breakdown, right? Wouldn't they?

[Joe Soucheray]

You would assume almighty.

[John Height]

I mean a real breakdown, not just in general. Down and former DFL State Senator Nicole Mitchell is preparing to run for Woodbury City Council.

[Hodan Hassan]

You got to be kidding me.

[Kenny Olson]

April Fool's late.

[John Height]

That move comes less than one year after she resigned from the Minnesota Senate following her conviction for burglarizing her stepmom's home. According to a campaign website run by Mitchell, the former DFL State Senator is asking donors to make checks payable to Nicole Mitchell for City Council.

[Joe Soucheray]

No Woodbury people. Come on, get your act together. You don't want to vote for this woman.

[John Height]

Her campaign website also links to an Act Blue page with a Nicole Mitchell, Woodbury City Council logo. While Mitchell has not formally announced her candidacy, her website makes clear she is getting ready for another bid for office. The candidate filing period for Woodbury City council opens on July 14th.

[Hodan Hassan]

You know who would even be a better candidate? Who was the Woodbury bid bigot?

[Joe Soucheray]

The. Oh, I remember Elmer no.

[John Height]

2 Woodbury City Council seats are up for election. She had previously represented the city and parts of Maplewood in the Senate. She was elected there in 2022. You'll remember she resigned in August of 2025 after being found guilty of first degree burglary and possession of burglary tools. All of that stemmed from an April 2024 incident in which Mitchell broke into her stepmom's Detroit Lakes home in the early, early morning hours. You'll also remember she was not thrown out of the legislature or resigned from the legislature until she was actually convicted.

[Joe Soucheray]

No, in fact, she cast a vote to keep herself in to keep herself.

[John Height]

I think she wasn't she the tiebreaker?

[Joe Soucheray]

A lot of character there.

[John Height]

Yeah. Why don't we take a quick break here and hear from the mayor. Mr. You know what?

[Joe Soucheray]

Somebody told me that the new of an emailer said that the new surface of the reflecting pool in Washington is the polyurea epoxy.

[Chris Reavers]

Really?

[Joe Soucheray]

That is the same thing as installed Building Solutions is using to make your garage floor look great.

[Chris Reavers]

No wonder that pool looks so gorgeous.

[Joe Soucheray]

See, that's this polyurea stuff. That's the new generation. I have the old. This stuff doesn't yellow, it doesn't crack. Most floors are installed in just one day so you can get your garage back fast. And these babies are easy to clean. If you have an epoxy floor, you know what I'm talking about. But this is the newest and the best technology. It's tough for trucks and tools and how hectic your garage can get. And they really, really look great. You can get $500 off right now a concrete coating project, but you gotta book the gig between now and the end of June. They might not get your floor done by the end of June, but if you book between now and the end of June, you still get the 500 bucks off and you can lock in that savings. Just mention the code Mayor, when you go to ibscoding.com ibscoding.com these are the best garage floors your cylinders will ever experience.

[Chris Reavers]

Here's a man who spends hours in

[Joe Soucheray]

hardware stores sifting through the nuts and bolts of life.

[Chris Reavers]

Joe Sucere, Harmony Spirits is here for you. And you know what? All of you GL ers have been asking for it and now it is official. You can buy the best products from grain to glass online from Harmony Spirits. Vodka, gin, rum, whiskey, bourbon, it's all there for you. Just go to harmonyspirits.net and click on the buy online function of the website and it's been spectacular. Thank you by the way to all of you glers who have already done this purchase online. Larry and Damon and the whole crew want to thank all of you GL ers by the way. And it's going to be another absolutely gorgeous weekend. So stop in at that tasting room and say hi to the crew and get your favorites. The BlackBerry Lemonade happens to be one of my favorites by the way, and I'm due for a trip down there to Harmony, Minnesota. But what you can also continue to do is go into your local liquor store, ask for the Harmony brand by name that really also helps out our friends down there at Harmony Spirits. But once again, thank you to all of you gl ers who have already made your purchase online. Harmonyspirits.net, click on the Buy now function, Stop in and say hi to the crew and let them know you heard about them here on the Garage Logic podcast.

[John Height]

Thanks, Chris. In other news, President Trump threatening to strike Iran, in his words, very hard again overnight and take total control of that country's oil and gas markets. He said the US in the not too distant future, would be taking Carg island, which sits off Iran's southern coast. It's the country's main oil export export hub. He said in the Truth Social Post that we would assume total control of their oil and gas markets, much like we have with Venezuela, which is working out brilliantly, in his words, for both Venezuela and the US Trump's threat came after a fresh wave of US Strikes against Iran and targets near the Strait of Hormuz, following weeks of impasse and negotiations to end the war. Seizing Carg island would be a significant escalation of the conflict, likely requiring ground troops. The island is Iran's most important export terminal, handling about 90% of that country's outgoing oil shipments. The producer price index for final demand services and products increased by 1.1% in May, pushing annual wholesale inflation to 6 and a half percent, according to the Bureau of Labor Statistics this morning. Almost 80% of May's wholesale inflation surge comes from a 2.8% increase in the final demand goods index. The increase in the index for final demand goods was the largest since the bureau began collecting data in 2009. Most of that stems from a 23% increase in the gasoline index. Speaking of the economy, President President Trump drawing some heat for some comments in the Oval Office yesterday. When asked about yesterday's Labor Department report showing inflation rising, he replied, no, I love it. The numbers were great. I Love the inflation. Trump then predicted that inflation would recede quickly once the Iran conflict concludes, making inflation great again.

[Joe Soucheray]

It's good, man. It's good.

[John Height]

Broadly, economists say they expect the Fed to maintain rates to keep inflation in check, further reinforcing that sense. The labor market has remained resilient after employers added about 172,000 jobs last month, more than analysts had expected.

[Kenny Olson]

I don't understand, and I don't mean to open up a can of tedious here. Why does he think inflation is good? Are there benefits?

[John Height]

It sounded like, from. If you've seen the clip, it sounded like he thought it was good because it's going to go down once the Iran war is over.

[Joe Soucheray]

If that's like saying hitting yourself on the head with a hammer is good because eventually you'll stop.

[Hodan Hassan]

Yeah, eventually.

[Joe Soucheray]

Yeah.

[John Height]

It's not what it sounds.

[Kenny Olson]

It's like, good because you'll go to the hospital and get really good medicine. That's how mine. I guess I've been hit in the head with a hammer too often.

[Joe Soucheray]

She. She said, come here and look at this. Yesterday, one bag. It's a trap of groceries. One bag. I think it was seven items, 81 bucks. Now, inflation isn't good to her.

[Kenny Olson]

I want to compliment her somehow here. If it would have been you or I that was sent to the store, it would have been $160, right? Because I don't know how to shut up. I don't know. I don't know how they do it. I really don't.

[Chris Reavers]

What was your.

[Hodan Hassan]

And we need.

[Kenny Olson]

When you, when you, when you saw

[Chris Reavers]

the receipt, you saw the amount paid, you saw the seven items, what was your reaction?

[Joe Soucheray]

Huh? No, I said, what are we having?

[Hodan Hassan]

Yeah, what are you making?

[Joe Soucheray]

Yeah, it's chow.

[Kenny Olson]

Main hot dish.

[Joe Soucheray]

Oh.

[John Height]

A lockdown and hazardous materials incident report at the Pentagon this morning. Due to a false alarm, multiple floors and corridors of the complex were locked down. Others were evacuated. Firefighters in full protective gear, including gas masks, were seen rushing inside the Pentagon. Pentagon spokesman Sean Pardell confirmed an air quality issue had been detected, sparking what he called precautionary measures until they determined its significance. The Jacob Riis, the chief of staff to Vice President J.D. vance, is leading the administration at the end of the summer. Reese, who had served in the role since Vance and President Trump took office in January 2025, told the Vice president of his plan months ago after his wife became pregnant with their first child. His future job plans were not immediately known. Reese has built a long relationship with Vance, starting with Vance's successful 2022 Senate campaign in Ohio.

[Kenny Olson]

I think publicly announcing that you're retiring should be made illegal. I'm at the age where I don't want to hear anybody talking about how they're about to retire. Just shut your mouth and go away. That's what I want.

[Joe Soucheray]

I have an email. Email, John. It writes, hail the flashlight King. Hail to you. Against my better judgment, I married a New Yorker well over 20 years ago. A year or so into marriage, we planned a trip east to see her people. And the pretty lady decided that as we drove through Indiana and Ohio, we were going to pay it forward at each of the toll booths. I thought this was nonsense, but I was just a driver on this trip, so I kept my mouth up shut. Shut. This was back in the day when each toll booth was staffed. You pulled up, tossed a handful of coins and then drove another 50 miles to the next one. At each booth, we told the attendant what we were doing, tossed in double and went on our way. For the most part, we never heard from any of the drivers who went through behind us. But I do remember a few flashing their lights and what I assume was appreciation. And one young woman who sped up, pulled alongside us and gave us a friendly wave. There was one guy in a rusty diesel pickup truck who to up alongside us, gave us the bird and then raced on ahead across Indiana. What I want to know is, Kenny, how was your trip out either it was fantastic. And you are the one that started

[Kenny Olson]

this rage inside of me, Chris. How dare you and your New York fancy wife.

[Joe Soucheray]

That is funny. Go ahead. That was a wonderful email.

[John Height]

The condemnation over anti immigrant rights in Northern Ireland being matched by another growing outrage in Britain on Thursday. Allegations that El Musk was inciting part of the violence. Second night of unrest in the streets of Belfast saw masked men once again burning houses and vehicles in a hunt for anyone they thought to be an immigrant. A government minister labeled the violence racist thuggery. The rioters say they're motivated by the stabbing of a local man, Stephen Ogilvie, who lost an eye in a knife attack that also caused deep wounds to his face and neck.

[Joe Soucheray]

The guy they were trying to saw his head off.

[John Height]

Yes, yes. Same guy. 30 year old Hadi Aloded, a Sudanese man has been arrested and charged with attempted murder. Murder. Ogilvy's family are employing people not to use the attack for political gain or violence, stressing valuable contributions that migrants make to society in Ireland.

[Joe Soucheray]

Can we stop right there? This whole canard about and I'm not opposed to all of our different brothers and sisters living among us, it's wonderful. But this idea that, well, they help, these contributions made by the new people coming, if they're so good, why in the hell did they come? Why didn't they make their country better? If their contributions here are so noteworthy and so wonderful, why didn't you stay in Sudan instead of coming to Ireland and chopping some guy's head off?

[Chris Reavers]

The comeback would be opportunity, right? There wasn't as much opportunity.

[Joe Soucheray]

Well, but if you're that entrepreneurial and that gifted, you stay in Sudan and build up the Sudan.

[John Height]

I think that might be a chore

[Joe Soucheray]

in Sudan, know, But I'm just saying,

[Chris Reavers]

you're saying open up a Starbucks in Sudan and see what happens.

[Joe Soucheray]

You can lose 700 grand in a month.

[Chris Reavers]

Okay.

[John Height]

Politicians, public figures and general citizens have repudiated the riots. But Elon Musk is drawing criticism for his posts. He hit back yesterday on those accusing him of spreading hatred. He said murderous migrants beheading innocent people in their hometown is what's making people angry, not my social media. Musk also reposted other messages claiming British Prime Minister Keir Starmer hates white people. And another sharing an image of the stabbing suspect who is black, alongside with the caption declaring Millions must go. Michelle o', Neill, the first minister of Northern Ireland, had earlier condemned the Elon Musk's of the world. Her words. She said they're all sitting right comfy in their homes, orchestrating hate and tension. Starmer did not name Musk, but called out, quote, those who encouraged it online or elsewhere. He also criticized people trying to interfere in our democracy and seeking seeking to stir up division on our streets. Viewing is up for all three network nightly news programs. Anybody still watch nightly news?

[Joe Soucheray]

I do. I feel I have to.

[Hodan Hassan]

David Muir.

[Kenny Olson]

You owe it to us.

[John Height]

ABC World News Tonight with David Muir last week averaged 7.6 million viewers to lead the charge. 974, 000 in the all important 25 to 54 demographic.

[Joe Soucheray]

My God, that's no nobody. In a country of 40 million people,

[John Height]

NBC average 6.3 million and 892,000 in the two categories. CBS actually is still trailing badly. However, they did see a 1% gain from the week before. They're basically still doubled though by ABC. CBS averaging 3.8 million viewers. 560,000 in the important demo. All three of the networks showing between a 1 and 10% gain from the same time last year.

[Joe Soucheray]

I thought you were going to tell me the ratings were up for the NBA games. I believe they are. I would watch some of the game then go back to the computer to research the Promise Act. Then I would go back to the game and I get another idea and go back to the computer for the Promise Act. But I did see the end which was fantastic.

[John Height]

That was. I turned it on with two and a half minutes.

[Joe Soucheray]

That's really all you have to turn on, to tell you the truth.

[John Height]

Well, I had it on earlier. It was 76.49.

[Joe Soucheray]

The next were trailing by 29 points.

[John Height]

Yeah.

[Joe Soucheray]

In the fourth quarter, weren't they?

[John Height]

20, 20 in the fourth, 29 not in the fourth quarter. 20 in the fourth quarter. 29 in the third quarter.

[Chris Reavers]

Got it.

[Joe Soucheray]

Well, it was a hell of a game. And go Knicks.

[Chris Reavers]

But the behavior of the the Knicks

[Joe Soucheray]

fans, well that's a little over the top.

[Chris Reavers]

I'll say.

[Joe Soucheray]

But camera couldn't take its eyes off Taylor Swift. Yeah. But I'll give her this. She stayed till the end.

[Hodan Hassan]

Back to ABC News. I do buy into what you say. Every night there is a thunderstorm. It's either weather related or it's just

[Joe Soucheray]

so it's a thunderstorm in Oklahoma. You gotta be really careful.

[John Height]

What's worse than getting a DUI and then trying to evade police on foot?

[Hodan Hassan]

You can't do it.

[Joe Soucheray]

I know. You could achieve the alcoholic's dream of living in your parents house and drinking their liquor.

[John Height]

In Louisiana, body cam video shows a man being attacked by an alligator after allegedly jumping into the swamp to try to run away from law enforcement.

[Joe Soucheray]

That's a tough deal there.

[Kenny Olson]

It's the cop on the bank that's gotta hurt.

[Joe Soucheray]

Oh, you might want to not do that.

[Hodan Hassan]

Larry, take my hand.

[Kenny Olson]

Quit playing around out there. Come on in.

[John Height]

Sure. Louisiana State Police said 40 year old Victor Rivas was recklessly driving a Toyota Supra on Interstate 10 near Bonneville Boulevard in Jefferson Parish. Investigators said the vehicle had also hit a concrete barrier causing a tire blowout. The trooper later located the damaged Supra Traveling south on 310 in St. Charles Parish and initiated a traffic stop. While speaking with Revas, troopers allegedly observed signs of impairment during the investigation. Revas ran from the officers jumped from the elevated portion of Interstate 310 into the swamp below.

[Joe Soucheray]

Oh no.

[John Height]

Troopers and deputies began searching for Rivas and spotted him walking along U.S. highway 61. Authorities said that when officers approached him, he fled a second time jumping into the swampy area. Video shared by St. Charles Parish Sheriff's office shows Reevas swimming toward the edge of the swamp while an alligator trails close behind him and eventually attacks him.

[Joe Soucheray]

Did he live?

[John Height]

He did live. While running through the swamp, Reboss was attacked by an alligator. Suffered injuries to both. Both arms. According to the police. Despite the injuries, he continued trying to evade officers before they eventually found him and took him into custody. Booked on charges of dwi, second offense and resisting an officer.

[Kenny Olson]

A very important question about that story. What year was that? Supra. And was it a gr.

[John Height]

I have no idea.

[Joe Soucheray]

Those are about 90 grand.

[Hodan Hassan]

Yeah.

[Joe Soucheray]

That's a hot rod job. I know.

[Kenny Olson]

Just under 400 horsepower power.

[Joe Soucheray]

Yep.

[John Height]

Didn't say. And I didn't think to look. Sorry.

[Kenny Olson]

Well, you should know. John Hyde.

[John Height]

Thank you. Yeah, you give me the Joe lecture now. And scientists recently uncovered fossilized jawbones of. You ready? You ready for this? I practiced this. Of the nanomoithiothis hagaradi.

[Joe Soucheray]

That a boy.

[Kenny Olson]

Got it.

[John Height]

A massive cracked like octopus that roamed Earth 72 million years ago. According to a recent study published in the Journal of Science. The enormous cephalopods would have been some of the biggest marine creatures of the period and might have been the largest invertebrates ever. Study co author Yashiro Iba said these findings revise the view of the Cretaceous ocean as a world dominated only by large vertebrate predators. They show that giant invertebrates, octopus, octopuses also occupied the top of the food web.

[Joe Soucheray]

Why was everything in the past so big? You know, there wasn't a dinosaur the size of a dog. They were giant. Everything's giant. The people were giant. I've got. That's one of the UFO theories. There were giant people here.

[Kenny Olson]

I've got an even more important question. If you're going to go down this road, why and how did they live to be 900 years old in the. The Bible?

[Mike Schoonover]

I, I'm.

[Kenny Olson]

I'm sorry. I'm having tough. Yeah, I'm having a tough time.

[Joe Soucheray]

I'm unaware of that one.

[Kenny Olson]

Oh, yeah, no, they did. Yeah, they were 500, 800. No booze.

[Joe Soucheray]

They hit.

[Kenny Olson]

I'm wondering, is the definition of a biblical year like half of a human year or a quarter of a human?

[Joe Soucheray]

I don't know.

[Kenny Olson]

I don't get it.

[Chris Reavers]

It's like a season of Survivor.

[Kenny Olson]

It's only about every season a year. So summer is a season. Fall is to see. You see what I'm saying?

[Joe Soucheray]

Live 900 seasons would be four. Oh, God.

[Kenny Olson]

Wasn't. No. Noah was old AF. I mean, he was really old or something.

[Hodan Hassan]

What are you gonna get?

[Joe Soucheray]

Still. He was still limber.

[Hodan Hassan]

Where do you get a guy that's 900 limber.

[Joe Soucheray]

Get him a strap. 900. He still could do push ups.

[Chris Reavers]

What in the going up and down

[Kenny Olson]

the ladder building the AR calling number, Noah was.

[Joe Soucheray]

I got the math. If you live 900 seasons, that's 225 years old.

[Kenny Olson]

What do you got, John?

[John Height]

I thought that was obvious.

[Joe Soucheray]

Yeah.

[John Height]

No. Noah was 500 years old when he fathered his first child.

[Chris Reavers]

And fun fact about Noah, well, he

[Kenny Olson]

put it off as long as he could.

[John Height]

The great flood, when he built his ark, was sick. He was 600 years old.

[Joe Soucheray]

He was an old timer.

[John Height]

He lived another 350 years according to what I'm reading.

[Joe Soucheray]

Well, that's amazing.

[Kenny Olson]

I have had this question since I was a little kid in Sunday school and nobody's been able to answer it.

[Joe Soucheray]

You only want to know, why are they so old? That's his question.

[Hodan Hassan]

Oh, I thought there was another question. They just. They live in. Right, Kenny?

[Chris Reavers]

And correct me if I'm wrong, Matthew, but I learned this years ago by listening to Mornings with Jesse and Rookie. Yeah, Noah's last name was Opinion.

[Hodan Hassan]

No Opinion.

[Joe Soucheray]

I don't have one. Cigars can get old. Cigars can get old, but they're still great if you keep them in a humidor. A Correct Humor or by Bolt. Hey, forget this Tupperware bs. That isn't going to cut it. A Boveda humidor has got this figured out because they've come up with the great solution. You don't touch it. You put a Boveda pack in there. That pack is good for six months and you change the pack and you're good for another six months. So you're not fooling with distilled water and sponges and scrunched up paper towels that are wet and beads and gauges and everything else. No, put the cigars in a Boveda humidor and just enjoy the cigars. These are handsome humidors and it's completely hands off if you don't really want to think about it at all. They even send you a fresh pack automatically right when you need it. It cannot be easier. This is a beautiful piece of luxury in your life that you can afford. The Boveda humidor. B O V E D a boveda humid. One word. Bovedahumador.com Just in time for Father's Day. You cannot stop him. He'll just make great news. Joe Suare.

[Hodan Hassan]

It's so good. We can't even wait till the liner is done. By Ben Chris Corley.

[Joe Soucheray]

The Minneapolis City Council has announced they will honor the lesbian, gay, bisexual, transgender and Queer community. Community. With a breakfast reception and City Hall's first ever drag show.

[Kenny Olson]

I was wondering.

[John Height]

No, that's today, wasn't it?

[Kenny Olson]

You were down there this morning.

[Joe Soucheray]

Yeah, It's. The Pride Month kicks off today.

[Hodan Hassan]

Breakfast burritos.

[Joe Soucheray]

Yes. And council members are also set to approve an honorary resolution on behalf of the LGBTQBBRI340 War I movement at its full council meeting today.

[Kenny Olson]

Can a guy get a sausage down there?

[Joe Soucheray]

Yeah, I would think that they had breakfast. They had breakfast. And the drag show right there in City Hall. It's a historic first.

[Hodan Hassan]

No, I'm not trying to be silly. What is a drag show? Did they just dress up in drag and go down the Runway?

[Joe Soucheray]

I don't know what it is.

[Hodan Hassan]

What do you mean?

[Joe Soucheray]

You've done it before that one time,

[Hodan Hassan]

but that was more comical than professional

[Joe Soucheray]

guys who dress up as gals and they put on a little show and

[Hodan Hassan]

they run down the Runway.

[Joe Soucheray]

I don't know that there's a Runway.

[Hodan Hassan]

Look what I got.

[Joe Soucheray]

I have to look what I don't have.

[Kenny Olson]

I'll wait my turn. You go first.

[John Height]

No, I was just gonna say I saw a video this morning of a very good Grateful Dead drag band. They're all.

[Kenny Olson]

Oh, that sounds cool.

[John Height]

Yeah, they were very good.

[Kenny Olson]

Do they actually sound good then?

[John Height]

Or they.

[Joe Soucheray]

Yeah.

[Hodan Hassan]

What did the Jerry Garcia guy look like?

[Joe Soucheray]

Janet or Matt or. What the hell is your name? Kenny. It's your turn.

[Kenny Olson]

It's my turn. I want to. For years you've been. And I'm not going to lie to you. It kind of. It kind of bugs me. Yeah, but I've never said anything. Whenever you Refer to the LGPs, you always add a bunch of letters. Yeah, well, to prove that you, once again, have foresight beyond what I can see, they now call themselves and I. This is. I'm not making this up. LGBTQIA2S+.

[Hodan Hassan]

That's what he just read.

[Joe Soucheray]

That. Just said that.

[Kenny Olson]

LGBTQIA2S+.

[Hodan Hassan]

What's the plus?

[Joe Soucheray]

I have good news from the Lymans. They're there already. They're at Marlith Park. They made it on. Everything was on time. I love that the giraffes are beckoning for from the kitchen window. Isn't that something?

[John Height]

Yeah, that's.

[Joe Soucheray]

And it's only because now they come to us all the way from Marleth park in Boomalanga, South Africa. It was on this day, Joe.

[Chris Reavers]

Today is June 11th.

[Joe Soucheray]

Well, on this day in 1835, Tom Williamson and Alexander Huggins organized a church at Fort Snelling, probably the first Protestant church of Minnesota. Minnesota. Although Gideon H. And Samuel W. Pond had started their Dakota mission the year before, they had yet to organize a church. The French had a Catholic mission on Lake Pepin in the 1700s. Remember, we talked to a guy who was looking for that. And Father Lucian Gaultier opened a Catholic church in Mendota in 1840. The First Presbyterian Church of Minneapolis descends from that first church, Fort Church. On this day, June 11th in 1849, on this day, the Minnesota Territory was divided into three judicial districts. The first district, the region between the Mississippi and St. Croix, held court in Stillwater and was presided over by Aaron Goodrich. The second landed north of the Minnesota river and west of the Mississippi. It held court in St Anthony with Bradley Bay Meeker as judge. And south of the Minnesota river was the territory of Judge David Cooper, whose court was in Mendota. On this day, June 11th in 1858, the year of statehood, Wadena county, named for a trading post on the Crow Wing river, was formed on this day, June 11th in 1877. The Tom Brown Football association, an exclusive club for football players, was formed in Minneapolis on this day, June 11th in 1899, in an effort to control speeding bicyclists, the St. Paul Police Department established a squad of 12 bicycle officers to patrol the roads and sidewalks, keeping the public safe from scorching. The speed limits were set at 6 mph on sidewalks and 8 on streets. On this day, June 11th in 1945, Nellie Stone Johnson, union organizer and activist, was elected to the Minnesota Library Board. She was the first African American elected to a citywide post in Minneapolis on this day in sports disappointment history.

[Chris Reavers]

Joe, who did we lose to on June 11?

[Joe Soucheray]

There are no items posted for today's date.

[Chris Reavers]

Really?

[Joe Soucheray]

So Everybody won on June 11, so there's no disappointment, no losers.

[Kenny Olson]

Thank you, G. We had a wonderful crabby coffee shop yesterday. You can find it on YouTube.

[Joe Soucheray]

Becca Thompson.

[Kenny Olson]

Yeah, she is. She's an old school DFLer. She came in with both guns blazing. She hates the Democratic Socialists of America. That clear?

[Mike Schoonover]

Yeah.

[Joe Soucheray]

Oh, a flag up update.

[Hodan Hassan]

What do you got?

[Joe Soucheray]

Do we have Nevis on the board yet? I don't believe so. Hi, guys. I'd like to give you a flag update. Here in Nevis, the board passed a petition to fly the true flag with a 4 zip vote by the city council. Nevis will no longer be flying the fraud flag. Regards, Chris Cruz. Here you go, Gabe. Nevis goes on the crawl. We're up to about 103 now.

[Chris Reavers]

We did get an email from a listener during the course of the show today because you had asked about Litchfield. We have the American flag, we have the POW flag, and there is no state flag, neither the old one or the new one in Litchfield, according to an emailer.

[Joe Soucheray]

So thank you very much. Thanks guys.

[Chris Reavers]

Do us a favor if you have not done so already and hit the subscribe button on the Garage Logic YouTube channel. Yes, that's right. GarageLogic's got a YouTube channel and you can join the 21,000 subscribers that watch the show every single day starting at noon. And on that channel you can also see full segments, there's video shorts, there's behind the scenes footage, there's a ton of content. Just search garagelogic. That's two words on YouTube along with all of our social media channels. That includes Facebook, Instagram and X. And you can also sign up for the Daily Logician. That's an email that comes right to your inbox each and every single day. And it includes the most recent episode of the podcast. Find out more and sign up for the [e-mail]. It is time once again that we check in with our guy, Mr. Money Talk. Josh Arnold is with us once again right here in garagelogic. And now is the time for you to do the same. So do not delay, do exactly what I did and pick up that phone and dial 952-925-5608. That number once again is 952-925-5608. When you call that going to get Josh and he is there for you for that. Free. Yep, I use the word free. 48 minute financial consultation with absolutely zero obligation. And he will always give you the straight talk. He will never give you the sugar coated advice. And he is on the line with us once again right here in garagelogic. And boy Josh, yesterday's losers, they are today's winners, aren't they?

[Josh Arnold]

Big time. Yesterday Goldman sat down big time. I mean really big time. And one of it was one of the leaders on the downside of the Dows 9, 300 plus point sell off yesterday along with Caterpillar. I do believe that the two of them counted for a third of the Dow's loss in terms of Dow point today. I don't know what happened from yesterday until today. Interest rates did not come down, housing starts and construction didn't change much overnight. And yet today Caterpillar and Goldman Sachs are two of the leaders in the Dow 400 point up move as we speak. Very interesting. NASDAQ Semiconductors Yesterday don't want to touch a semiconductor. Don't want to touch a semiconductor. CPI numbers a little hotter today. The producer price index was up a little bit more than expected. That more on the price of energy moving up than anything else. If I were to really look through all of the inflation numbers outside of food and energy and of course insurance costs are going up. Inflation has been pretty much coming down. Even housing has stabilized and this is very strange. New car prices have come down a little bit and even used car prices have come down a little bit. So inflation may not be as strong as some Fed governors see it. But today really the reverse of of yesterday. Now if interest rates are not going to go zooming up and the Fed does meet next week, that is seen as a positive for semiconductors and maybe indeed semiconductors were in fact oversold. So semiconductors are up today. Well and the leading semiconductor moving up is intel as one as bank of America double upgraded the stock on the need for CPUs for angelic artificial intelligence and so for these CPUs being used with SpaceX and not only do they give a double upgrade on intel but they really up their price target even jumping. Jim Cramer this morning was talking how intel, you know could be the number two leading semiconductor company behind his favorite and artificial intelligence favorite semiconductor name Nvidia always of this activity is coming with maybe some knowledge that money has already been committed to the the big IPO coming tomorrow will be priced tonight. That being basic Basic is now from what I understand four times oversubscribe and has been getting as with my mentions a lot a lot of hype. My guess is the stock could open up the the pricing is I believe about $130 for people who are able to get the IPO price and because of the because of the promotion around this this name and also around Elon Musk there is going to be a lot of activity. Whatever you do, do not put in a market order. If you really want to get the stock on the open tomorrow do not put in a market order as this thing could shoot up and then of course you'll see some profit taking over over time. The lockup for shares coming out tomorrow is pretty short and I do believe if you miss the the the open don't despair as this stock could over the next month retreat and give you a much better entry point. Bear in mind as I have been saying for quite some time time this is a very very expensive stock trading or could trade about 18 excuse me 18 they make 18 or had 18 billion in revenues. This could trade north of 100 times sales for a company with a lot of, we'll say potential and a lot of excitement around what they do with rocketry and even satellite communications. But a company that is not is not yet making money. If you want to look at some alternatives to this, there are several space companies that do make a little bit of money and are, you know, cheaper and will be competitors to Space X including including Rocket Labs and other and AST technologies could be companies that you might want to to look at. They are cheaper at least on a price to sales basis and there is a lot of excitement around space. That said, I prefer keeping my feet on the ground and looking at companies like Amazon, Apple and Coca Cola.

[Chris Reavers]

Excellent advice as always, Mr. MoneyTalk. You heard him G ers. Now is the time for you to pick up the phone and make the call for that free 48 minute financial consultation. And again, you do that just like I did by dialing 952-925-5608 where you always get straight talk and never ever sugarcoated advice. Josh, as always, thank you so much for the time and the chat. Enjoy the rest of your day and we'll talk to you again tomorrow.

[Josh Arnold]

Look forward Forward to it. Thanks Chris.

[Investment Disclaimer Narrator]

Investment services offered by Josh Arnold Investment Consultant, llc. A security investment advisor. Past performance is no guarantee of future results. All investments involve risk. All comments and opinions are Josh Arnold's and do not constitute investment advice.

[Joe Soucheray]

Chris Reivers is a paid endorser.