← Real America’s Voice
Real America’s Voice
Just the News No Noise with John Solomon and Amanda Head, November 19th, 2025
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Podcast Guest or Interviewee
This is the story of the one As a maintenance supervisor at a manufacturing.
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Congressman Rick Crawford
Facility, he knows keeping the line up.
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John Solomon
And running is a top priority.
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Congressman Rick Crawford
That's why he chooses Grainger, because when a drive belt gets damaged, Grainger makes.
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It easy to find the exact specs.
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For the replacement product he needs, and next day delivery helps ensure he'll have.
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By Granger for the ones who get it done.
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John Solomon
Good evening America. Happy Wednesday. Welcome to the latest edition of Just the News. No Noise. I'm your host John Solomon, reporting to you as always from the nation's Capital Quick programming. Note my co host Amanda Head. She's over at the White House. She's the official pool reporter today, so until they put a lid on there and President Trump calls it a night, she'll be over there reporting for the whole media. Hopefully she'll join us by the back end of the show. But let's start tonight with some news from Capitol Hill about accountability for those that allegedly helped weaponized the Justice Department, as well as our intel agencies against President Trump. House Judiciary Committee Chairman Jim Jordan earlier today urged the Department of Justice to prosecute one of the former lead attorneys in Special Counsel Jack Smith's office. That's the same office that gave us Arctic frost of January 6, the classified documents case, and so much more. Now that former lead attorney is Thomas Windom, who served on Smith's team during his investigation into Trump's alleged mishandling of classified information in his efforts to challenge the 2020 presidential election results. Chairman Jordan cited that Windom possesses firsthand information about the work in Jack Smith's office and that although he'd been given express authorization by the doj, he declined to answer questions during his depositions about topics related to the Judiciary Committee's inquiry. In fact, Windham pleaded the Fifth Amendment when declining to answer those questions. How about that a federal prosecutor who sought the Fifth Amendment protections against self incrimination. Now, speaking of weaponized justice, we have some more news to report to you regarding former FBI Director James Comey and the DOJ's case against him with the prosecutor overseeing it, the U.S. attorney for Eastern District of Virginia, Lindsey Halligan, acknowledging in court that the full grand jury never saw the final indictment against Comey. Halligan's admission came during a court hearing on Wednesday in which Comey is seeking the dismissal of that prosecution against the doj. Prosecutor said that instead of presenting a new indictment to the grand jury after decline to approve one of the counts against Comey, they just bought an altered version to the magistrate's courtroom for the grand jury's four person to sign. Now we'll see what the judge thinks about that, but it could be an interesting twist. I think this is in for a long legal journey. Now I want to get to some other news involving President Trump. Amanda reported earlier today on justinews.com that the president is working on a peace deal with Russia to end the war in Ukraine. This deal was born in some secret discussions that occurred in Miami. The Trump administration has quietly prepared a detailed 28 point framework aimed at resolving the Russia Ukraine war that's now more than three years old. He crafted it with input from Russian representatives and it was organized into four sections ending hostilities in Ukraine, post war security arrangements, broader European stability and the future of American ties with both Moscow and Kiev. The proposal is modeled in part on Trump's recent Gaza cease fire initiative and reflects understandings reached when Trump and Russian President Vladimir Putin met in Alaska in August. Specific provisions regarding control of eastern Ukrainian territories currently occupied by Russia have not yet been publicly disclosed. Special envoy Steve Witkoff, who's been a driving force of these peace negotiations, is overseeing the agreement. You can read more about that over@justnews.com by the way, a whole bunch of military officials left the United States went to Kiev today to try to work on this with the Ukrainian side. There is a lot of optimism, I can say I've been talking to officials in the White House tonight. There's a lot of optimism that this could be a breakthrough moment in Donald Trump's nine month quest to end the Russia Ukraine war. We're going to keep you up to speed with Russia. You always got to trust but verify. So we've got a lot more to be taking a look at. One more thing that I want to turn to before we get to our first guest who by the way, is deeply involved in this story. There's a lot of noise being made about congressional stock trading. Congressman Tim Burchett came out earlier today to speak on the issue and he didn't hold back about what he thinks about the ethics on Capitol Hill. Listen to this.
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Brandon Arnold
For years Congress has been using hard work and American taxpayers money to get rich.
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John Solomon
Dadgum, it's got to stop.
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Brandon Arnold
America knows what the heck's going on. Everybody wants to knock Pelosi.
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Congressman Rick Crawford
Heck, she's not even in the top.
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Brandon Arnold
10 get on that unusual well site.
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John Solomon
This is pathetic, folks. We all know what's going on.
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Brandon Arnold
Congress knows what the hell's going on.
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John Solomon
And it needs to stop.
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Brandon Arnold
This body has been rich in itself on the taxpayers dime for too dadgum long and it's got to stop.
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John Solomon
This place is crooked and is as crooked as a dog's leg. Tim Burchett never mentions words, but a lot of people feel the way he does. And earlier today, Congressman Marinette Miller Meeks sent a letter to the leadership of the House saying let's have a vote on that congressional stock ban law. And it's getting a lot of cheers on the Internet right now. We're very lucky to open our show today with Congresswoman Marionette Miller Meeks from the great state of Iowa. Congresswoman, great to have you on the show.
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Congresswoman Mariannette Miller-Meeks
It's great to be with you, John. And I guess since I'm from Iowa, instead of saying crooked as a dog's leg, we would say you can't make a silk purse out of a pig's ear out of assassin. So I mean, we're trying to make something seem that it's not. And whether or not we have special information, we do hear things, we have hearings, we do appropriations. And it leads the perception that Congress has special information. So I am, you know, co sponsoring, fully supportive from the day I came into Congress, I have not had individual stocks. My husband doesn't have individual stocks. Stock trading by members of Congress should be prohibited. There's ways to be able to, you know, have mutual funds for your retirement assets just like any other ordinary American citizen has. So I think it's high time we do this. It is long overdue and to Representative Burchett's point, it's not just Speaker Pelosi. She's the one that's the most famous. She's the one that's, you know, most realized. But I will say to people, I took a pay cut to come to Congress. I am not going to leave Congress with more money than I had when I came in. And, you know, when you look at some individuals in Congress on both sides of the aisle, it is staggering. And so people just feel that it's not only untoward, that it's, you know, that the perception is that there is a conflict of interest. I believe that there is a conflict of interest, and that's why I'm fully supportive in pushing for us to be able to finally get a vote to ban stock trading by members of Congress and their spouses.
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John Solomon
All right, so let me ask you a couple of questions. Give us an update on what is moving and not moving. I think there's some hearings that are going to happen. I think that'll be important. I think Congressman Chairman Brian Stiles going to do that. Have you gotten any reaction from the leadership? Are they going to take you up on your request?
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Congresswoman Mariannette Miller-Meeks
Well, you know, they're supportive of and Brian Stiles, as you said, is going to have a he's the chair of the House Committee on Administration. So he is. He's going to have a hearing. So we're looking forward, number one, first and foremost, to having a hearing on the topic. And as you said, the vast majority of Americans are actually supportive of this. And so there's ways for members of Congress to be in mutual funds, to be in other types of, you know, other types of asset rather than individual stock trades and stock options. And the other thing I would say is that not only members of Congress, people that are campaigning for Congress, they should be asked whether or not they will divest themselves from individual stocks before they even get into office and are sworn in. That shows a commitment to ending this conflict of interest that members of Congress have.
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John Solomon
Yeah. And there's nothing that keeps a member from Congress from investing in mutual funds or other places where they're not making individual stocks. So you're not harming really the total economic capabilities of any member of Congress. That's addressed in this bill as well, Right?
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Congresswoman Mariannette Miller-Meeks
Exactly.
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John Solomon
Yeah. That's important for people to know. All right. I want to turn to something that I think will be the great boomerang of the 2025 congressional finish, and that is Jeffrey Epstein. I've said for some time Democrats might want to watch what they wish for in this. But we now know from some reporting we did this morning that there were Democrats who were shaking down Jeffrey Epstein for money years after he was a convicted sex offender. Obviously, Hakeemah Jeffries is one, but there was a lot of them. And it seems as though Democrats had no problem. A guy they now demonize, cashing more checks from him, if you'd be willing to, even when he's a sex offender. How does this story turn? And when do the American people begin to understand the parts of it that the Democrats have hid from us?
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Congresswoman Mariannette Miller-Meeks
Well, first and foremost, we know that this was another weaponization of government. So for four years, the Democrats have been in the majority. They had the executive branch, and these files could have been released at any point in time. And so I think what they should have done when they set up their search bar, instead of just searching for President Trump's name when President Trump was elected in last November and then sworn in January 20th, instead of just putting his name in this search bar, demanding that these files be released. And then when the emails were put out, as you know, Jamie Comer, the Chair of Oversight, has had hearings on this. We've tried to protect the victims who may want to be protected. Some have come forward. You know, there was a meeting yesterday with some of the victims here before we took the vote. But what I think is that the Democrats should have put somebody's name in the search bar other than President Trump when they went through those emails. We know that Jeffrey Epstein did not like President Trump, that he thought President Trump was someone who had reported him to authorities, and he wanted to weaponize the government against President Trump. And so what did we find out?
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Podcast Guest or Interviewee
Out?
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Congresswoman Mariannette Miller-Meeks
We found out that Stacy Plasak, Representative Plasik, was during a hearing, an actual hearing, texting with Jeffrey Epstein when he was a convicted felon, convicted of, you know, pedophilia, trafficking children. He was a convicted felon, was text messaging with him for how to get Trump during a hearing. I would say their Trump derangement syndrome caused them to lose all common sense. And not only did she do that, she also accepted contributions from him. And this is from a convicted sex offender. I would be returning that money, you know, days ago, weeks ago. I wouldn't have accepted it to begin with, but I would have returned it. And then further, we find information that Hakeem Jeffries was soliciting contributions. Now, Hakeem Jeffries may be familiar to some people as the Minority Leader of the House. So he's analogous to the speaker, but in the minority party. So their highest ranking Democrat in the House was soliciting contributions. Now, Jeffrey Epstein may not have been convicted at that time. However, he was already known and had already gone through trials and suspicions of soliciting underage young ladies. So it's not like they didn't know that this person was tainted, but nonetheless, they were soliciting contributions. It just reeks. And I would say, to your point, I love the terminology boomerang. What they have pushed to come out, and maybe that's why they hid things for four years under the Biden administration, was because people in the Biden DOJ knew that there were Democrats that were mentioned. But what we're finding out is there are a lot of Democrats that are mentioned in these files. More is going to come out. And so it's boomeranging back to hit them. And I think we just cannot tolerate or accept the trafficking of children and the victimization of children. We have to be on the side of children. And so I think that it's, you know, this is what they asked for. My mama always told me, be careful what you ask for. And more, I think, is going to come out to your point. It's going to be a boomerang and it may come back out to hit them harder when they were once again trying to weaponize the government against President Trump.
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John Solomon
I think you're right. Just watching this play out over the last few days and just the reporting we've done here at just the news over the last 72 hours, there is a lot more the Democrats are going to have to answer for soon. Before we let you go. A lot of times regulatory things are Alphabet soup and people are like, well, what's wotus and waters of the usa? But a major change by EPA and Lee Zeldin and President Trump, to clarify something that was the bane of existence for a lot of America's farmers, how important is the WOTUS regulation changes to our great farmers in this country?
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Congresswoman Mariannette Miller-Meeks
I was talking about WOTUS or waters of the US back in 2012. I was worried about what the Obama administration would do. In essence, it's a land grab. So it's the way that the federal government can tell you what to do on your own private property. So they redefined what was a nag, a navigable waterway, to basically any water if it was temporary, after a rainstorm coming off a field, that then became a navigable waterway. So therefore they, they could intervene on private land. And so it's not only farmers, it's builders. It's home builders. We all talk about affordable housing, but Wotus was one of the things that was making it difficult to do affordable housing as well, too. So any type of structure, roads, bridges for farming, critically important. So this decision, it got reversed under the first Trump administration. Then when I first came into Congress in 2021, sent letters to the EPA, to the Biden administration, not to go back to the Obama era rules. It took them a while. They went back to the Obama era rules. And so this decision by Administrator Zeldin and President Trump is huge on reigning back in the overreach of the federal government against our constitutional private property rights. So I think this is a very big decision. It is a very welcome decision to come out. And, you know, we, we have to stop pitting the federal government against ordinary citizens, which is what we have seen all too often.
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John Solomon
Common sense has prevailed and I think all of us who are property owners breathe a little easier with that. Congresswoman, it's such a great honor to have you on the show. We're going to be watching that stock act you have set in motion, I think something that could be very historic. Great to have you on the show tonight.
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Congresswoman Mariannette Miller-Meeks
Thank you so much for having me.
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John Solomon
Yeah, good stuff. All right, folks, after the commercial break, government officials are worried that US Counterintelligence is lagging behind adversary countries, a trend that has persisted since the Cold War. We're going to have an exclusive interview with the chairman of the House Intelligence Committee. You're going to make some news. This is a big interview. Congressman Rick Crawford up next right after these messages. Hey, America. As an investigative journalist, I've built my career on facts and I always do my homework before recommending anything to my audience. That's why I can confidently say amac, the association of Mature American Citizens, is the real deal. AMAC is a conservative alternative to aarp. They're fighting for faith, family and freedom and bringing their members real value discounts on travel, insurance and retail. Helpful resources that help you thrive in the excellent AMAC magazine, packed with information that actually matters to patriots like you and me right now. When you choose a five year membership, you'll save up to 33%. That's just a buck 20amonth to join a movement working to hold Washington accountable and preserve the values that we all care about. I vetted them. I trust them. You should, too. Visit Amac US JustNews and become a member today, just like me. That's Amacamac US JustNews Amac, Protecting America's Future. One member at a time.
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John Solomon
Welcome back, America. I've got a real treat for you for our next block. He's one of the most influential voices in Congress when it comes to intelligence, security and foreign policy. He represents the great people of Arkansas, but he's also the chairman of the House Permanent Select Committee on Intelligence. And earlier this year, he gave us some of the most explosive documents that help us understand how weaponized the intelligence community was during the Obama Biden years. He is Intelligence Committee Chairman Rick Crawford. Mr. Chairman, good to have you on the show again, Yvette. Good to be with you. All right. You're working on, I think, some of the most fundamental changes that we're going to witness in America. One of those is reforming our counterintelligence evidence. So we're not abusing Americans, but actually focused on the real threats like terrorists and foreign spies. Tell us what's key to the effort and what you're working on right now.
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Congressman Rick Crawford
Well, I think we have to sort of reposture. We've been in this sort of, sort of post cold war, pre 911 type of posture. And what we know is that our adversaries are very aggressive and are outpacing us with counterintelligence threats and stealing our secrets. They're taking advantage of our open society. And what we know is that we just need to adopt, in my opinion, a whole of government approach across the enterprise of the IC and law enforcement. We bring that together and we think we can, we can achieve a much better, more robust effort on counterintelligence. And here's what I would say is that Cash, Patel and company, the FBI have done a tremendous job and particularly lately apprehending some pretty bad actors. As we've seen, some of these things have materialized. For example, you know, the threats with, with regard to Michigan military base where you had some Chinese property owners adjacent to a military installation, we saw another issue where the US Secret Service intercepted at the an attempt to hack phone systems at the UN General Assembly. And there's a whole host of other issues where the FBI has really stepped up and made those apprehensions. But where we think we can help that is in the non apprehension, the non arrest state of counterintelligence. That is, sometimes we have agencies that are really, really good at counterintelligence. They don't have necessarily the law enforcement authority, but they're really good at exploiting networks and maybe even turning some assets, maybe doing some better work that helps protect Americans, American assets, military secrets, things of this nature. And also gives us a better insight into how those nations are positioned here at that might not necessarily end up in an arrest. It might help us to exploit an existing network and give us better insights into say for example, China or Russia that are operating here really with impunity because of our open society. They use that against us. And so what we're proposing is that we augment the FBI and increase their bandwidth to address these counterintelligence threats. We think that's a really good way to help shore up one of the biggest vulnerabilities that we have. And it is really the result of our free and open society. And you have countries like China and Russia and Iran and others that are really good at exploiting that and turning it against us.
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John Solomon
Yeah, and I've covered the Intelligence community for about 35 years. As a journalist in the last year or two, I've heard so much more concern that there are domestic interests here and they play out with protests and activities, but they may have an increasing alliance with our enemies overseas. Are you seeing more Iran, China, Venezuela, Russia, and bad actors like that, North Korea engaging with American assets and trying to use them as proxies on our soil?
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Congressman Rick Crawford
Yeah, I think there is a whole network of both state and non state actors that bring that to bear here in the United States. That is to exploit any kind of political divide that might exist or schisms that may exist even within a political party. So they kind of help sow discord. We've seen malign influence from state actors that include China and Russia and Iran. But then there's also the non state actor that can be doing the bidding of a nation state. For example, what if you had, let's say Russia was. Was essentially paying for cyber attacks against certain targets, or that China might be doing the same thing. China might be mobilizing diaspora that lives here in the United States, maybe United States citizens, but they have this underlying allegiance to the mother country and, and China seeks to exploit that. We need to. We need to know about it. We need to be in a position to intercept those kinds of things and protect our citizens here at home. And we can broaden our scope and bring in a lot of expertise that provides a good level of augmentation to what the FBI is already doing.
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John Solomon
Some of these lights were blinking red for a long time, but the Biden administration really turned a blind eye to it. And a lot of people say to me today, we were. When President Trump took over in January, we were very close to being blind to a 911 scale sort of intelligence failure. Were we that close? And are we tightening the gaps quickly with the changes that people like Cash Patel and John Ratcliffe and Pam Bondi are making?
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Congressman Rick Crawford
Yeah, you know, I couldn't speculate on how close we are to a 911 type incident because honestly, I don't know what the next 911 looks like. I'm concerned about that because I can't. What we saw with 911 was essentially a failure of imagination. Who would have ever thought that people would fly planes into buildings and kill, you know, somewhere in the neighborhood of 3,000 people? Who would have ever thought that we weren't thinking like that? And so we've got to sort of retrain ourselves and ask the questions. What would we do if we had all these resources at our disposal and we wanted to potentially take down a nation or even to degrade a nation to a point that we elevate ourselves to a preeminent status, economically, militarily, politically, whatever, what would we do? I don't think we're asking all the questions that we should and I don't think we're getting the answers because the appropriate questions aren't being asked. And so I think we need to be careful that we don't lapse into a pre 911 state of malaise, that we're always vigilant, hyper vigilant to threats and red teaming ourselves constantly with the most creative thinkers we can to really challenge our national security experts on what we need to do to protect the American people.
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John Solomon
Yeah, thinking as big as our enemies are probably thinking, that's such an important mindset to keep forefront. We have a lot of concern about Venezuela. People are seeing the boats being blown out of the water. That's clearly a form of chemical warfare. Those drugs coming in to target kill our people. But there's also worry that, well, maybe the United States might strike and Venezuela seek regime change. What do you think is going on and what would be the optimum outcome for America with Venezuela given all of our security concerns there?
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Congressman Rick Crawford
Well, I think there are two things to consider here with regard to these strikes on the Venezuelan boats. I mean, we're going to call them Venezuelan boats for the sake of argument. That's where they depart from. So we're going to say these are Venezuelan boats. But what we know is that that Maduro and his regime, through various affiliations with, with cartels, are allowing for the trafficking of narcotics on their way to the United States. So the President is taking action to prevent that. So drug interdiction on the high seas, we've done this four years, we're doing it in a different way. But the other deal that I think is important to note is the positioning of a carrier strike group. And you go, well, is that overkill? Well, we're in the Caribbean basin now with the Ford Strike carrier carrier strike group. And a lot of people might say, well that's just too much. We're only dealing with cartels. We're dealing with more than that because for the last 20 plus years we have essentially vacated our neighborhood because we've gone to fight the global war on terror and we left our neighborhood unguarded. And when we did that, we allowed countries like China and Russia and even Iran an entree into our hemisphere in ways that they've carved out niches that have made conditions more favorable for cartels. So when you see these nefarious actors, there's invariably overlap there. And so the President is taking the step of a proactive approach to how we interdict on the high seas, number one. Number two, he's doing it in a way that sends a strong message to nations like China, Russia, Iran and others that we have the capability to guard our hemisphere. We're going to do that. We're engaging with our allies in the region, most notably right now the Caricom regions, that is the Caribbean community, but also Central and South American allies that recognize that China is not good for them, the cartels are not good for them, and the American people. And the President is saying, we're back. We have recognized that we have left our neighborhood unguarded. We're here to work with you. This whole of hemisphere approach to secure.
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John Solomon
Our neighborhood in that hemisphere. We have a little bit of worry about the election in Honduras. Who's been a pretty reliable ally the last decade or two, but you have to keep a close eye. Is there worry about how that election might turn out?
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Congressman Rick Crawford
Yeah, I've got some concerns about the current President there. One of the things that troubled me the most was the anti American rhetoric and the walk up to her election four years ago and then some of the statements she made immediately after Donald Trump was elected that, you know, we were going to expel the military, you know, they were going to expel the military out of Honduras, and that's our biggest presence in Central America, our biggest military presence there. And that kind of rhetoric was troubling. But now we're seeing the candidate from her party essentially saying the same thing. They're avowed socialists. One of the first things that President Castro did was to change course with their relationship with Taiwan. They expelled the Taiwanese diplomats in favor of recognizing China. That was a departure from what we had before. It's inconsistent with our other really good allies in the hemisphere and their neighboring countries of Guatemala and El Salvador. And so we have some real problems with that, the anti American rhetoric that emanates from that party. And then also some of the. Some of the concerns that we have with regard to the conduct of the election itself and making sure that we don't end up in another situation where we have another Maduro type scenario on our hands and particularly in such close proximity to the United States and adjacent to our allies Guatemala and El Salvador.
- [30:43]
John Solomon
So important. Real quick, we just got 30 seconds left. You voted for the Epstein release files. You've been a tremendous voice for transparency on intelligence matters. Is there anything that this vote will do to give us any insight into what the CIA or other intel agencies might have known about Jeffrey Epstein?
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Congressman Rick Crawford
Well, you know, we hope so. We've made that request ourselves. And I want to make sure that the American people know that we are here to oversee on their behalf and make sure that nothing like that is out there. And if it is, if there is, it's certainly our job to make sure it sees the light of day and let the American people know what's taking place there.
- [31:18]
John Solomon
Pretty important. And I know you'll get to the bottom of it because you have a record of doing so. Mr. Chairman, such a great honor to have you on the show today. Thanks for joining us.
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Congressman Rick Crawford
Yes, sir. Thank you.
- [31:29]
John Solomon
Yeah, great, great stuff, folks. Take out all the good work that the Intelligence Committee is doing. It's in great hands right now doing really important work. All right, we're gonna take a quick break. When we come back, we're taking a closer look at the phenomenon of people fleeing blue states for red states. Why not? The economies are better there. It's pretty simple. One of those states, Tennessee. We're gonna talk about that. We come back right after these messages.
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- [32:52]
iHeart Radio Announcer
Run a business and not thinking about radio, Think again because more people are listening to the radio and Iheart today than they were 20 years ago. And only Iheart broadcast radio connects with more Americans than tv, digital, social, any other media, even twice as many teens than TikTok. And that reach means everything. Just think about the universal marketing formula, the number of consumers who hear your message times the response rate equals the results. Now let's get those results growing for your business. Radio's here now more than ever. And iheart's leading the way. Think radio can help your business. Think iheart streaming, podcasting and radio where the reach is real. Let us show you@iheartadvertising.com that's iheartadvertising.com or call 844-844. Iheart one more time. Just call 844-844-Iheart and get radio working for you.
- [34:00]
Amanda Head
Welcome back, everybody. I am back from pool duty at the White House and I couldn't miss our next guest because she's going to be discussing the phenomenon of blue state Americans fleeing to red states, especially in the wake of Zohran Mamdani's election in New York City. So joining us now to discuss that is the director for Americans for Prosperity in Tennessee. See Tori Venable. Tori, thanks so much for being here.
- [34:21]
Tori Venable
Amanda, thank you for having me.
- [34:24]
Amanda Head
You know, our founding fathers painstakingly tried to build a government where power would not be centralized in the capital in Washington, D.C. that states and local governments would have most of the power. Tennessee has actually managed to do this. And as a result, you've got folks from New York City especially, but all over the country where people feel overburdened by their government coming to Nashville and Tennessee. Tell us about all those folks coming. There is a change in the demographic.
- [34:50]
Tori Venable
Well, it is somewhat changing the demographics, but, you know, Tennessee is proof that freedom works. And what we've got going on here is doing us quite well. It's bringing people from all over the country, especially when they're fleeing socialist areas of the country. So we, we encourage them to come, bring their families, enjoy what makes Tennessee great, but also leave the bad policies and bad ideas behind them and fully embrace what it is to be a Tennesseean.
- [35:17]
John Solomon
Yeah. So one of the big things that Tennessee has done in its competition to get more people to come, there is a very favorable tax code. Talk a little bit about Tennessee's approach to taxes and why it draws so many great outsiders to come into the state.
- [35:34]
Tori Venable
Well, Tennessee is one of the income tax free states. There's a handful of us, but we also have our property taxes kept pretty well in check. So while Florida or Texas might be really great options for people, our property taxes are actually better in Tennessee. We have mountains and country music. But because we're a sales tax based economy, whenever something goes wrong nationally, our state does better financially than everybody else. Does because no one else is cheating their taxes. If you spend it, you're paying a sales tax and there is no income tax. In fact, it's constitutionally banned in our state.
- [36:11]
Amanda Head
I want to ask you, I know the demographics of National. National has had a Democrat mayor for as long as I can remember, but it's a unique kind of Democrat. Maybe some might consider those types of Democrats to be more moderate. But are you concerned that folks from New York City who maybe are a little reticent to leave their Democrat voting policies behind are going to shift things politically, especially in places like, like Nashville or Chattanooga or Memphis or some of these blue leaning cities?
- [36:36]
Tori Venable
So we do have blue holes in our red state, but we have a Republican super majority trifecta which pretty much protects us from any of the bad ideas when we get the very liberal mayor of Nashville. I myself am a native Nashvillian, so I hate the idea of some of the things that have been happening in our state, especially in these bigger cities. But you know, there's plenty of places that touch Nashville. And if you are fleeing socialism and you want freedom and opportunity, there's plenty of places where you can be close to Nashville and away from their bad policies as well.
- [37:11]
John Solomon
So important. All right. There are lots of things that Tennessee is doing to innovate policies. And I've always said the state capitals, particularly the red state capitals, tend to be the incubation sites for the good ideas. There's school choice, there's continuing to find ways to encourage cheaper housing, improve the construction codes. What are some of the ideas that Tennesseans are developing now that will be good ideas in Washington a couple years from now?
- [37:38]
Tori Venable
Well, we're actually working on this at Americans for Prosperity across the country. And that's something called the REINS Act. It's regulations of the executive in need of scrutiny. It's simple. It adds more transparency and prevents unelected bureaucrats from passing any kind of regulation that could destroy a business or a family. That's the kind of transparency and accountability that we want to see in Tennessee. And that's the kind of thing that will protect future generations even if there is a demographic shift. And Nashville or other cities have more of a say that they do not have right now.
- [38:11]
Amanda Head
Yeah, well, we were talking about the tax climate and how great that is for people who want to move to Tennessee, but it's also great for companies that want to move to Tennessee. Even some of my old friends back in Hollywood talk about how Tennessee is the place to be, especially for film production. A number of complexes being built there. Talk about that tax, tax climate specifically for businesses because they are flooding the state too well.
- [38:32]
Tori Venable
We have low taxes across the board, even for businesses, and so we want to keep it that way. So I would encourage any of the people that are coming here not to seek tax incentives or anything like that because this is what keeps our taxes low, is that everyone pays a low tax and it's not a crazy tax. We, we don't have bureaucrats telling people who to hire or how they should hire or how they should run their lives. We have conservative governance in the state. And since we have a low business tax rate and have recently cut taxes Again, I think 2023 with the Tennessee Works Tax act, we are just in better position than any of these other states, even ones that are offering corporate welfare and tax handouts. You don't have to have a sweetheart deal to relocate your business in Tennessee and do quite well.
- [39:18]
Amanda Head
Yeah, absolutely. Tori, you are a lucky lady living there in the volunteer estate. We appreciate you being here and offering your insights.
- [39:25]
Tori Venable
Thank you all so much for having me.
- [39:27]
Amanda Head
Absolutely. All right, everybody, next, if the AI boom ends up failing to launch, what could that mean for America's economy? And your wallet, of course. We're going to get to that right after this break.
- [39:42]
John Solomon
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- [41:00]
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- [42:00]
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- [43:07]
Amanda Head
Oh, we may be witnessing the next financial crisis hiding in plain sight. Billions of dollars are being poured into artificial intelligence projects based on hopes not proven results. Now tech stocks are soaring, but most companies investing in AR AI are still so far getting zero return on that spending. So meanwhile, a handful of mega cap tech firms dominate the market while the rest of the economy stagnates. So if AI falters, what does that mean for the market and for your retirement? Joining us now to tell us what every American needs to know, CEO of American Alternative Assets, Shannon Davis. Shannon, thanks so much for being with us.
- [43:44]
Podcast Guest or Interviewee
Thanks for Having me. Amanda, good to see you guys.
- [43:46]
Amanda Head
Good to see you. You know, we have heard so much about AI President Trump pulling those investments into the country. Data centers. We're going to need more electricity. It seems like it has filled the conversations in rooms. But there as we were just discussing, is this a big wad of bazooka that is about to blow up?
- [44:04]
Podcast Guest or Interviewee
Yeah, we were just discussing, I mean Google. We're talking about Google, the biggest search engine in the entire world is talking about AI overinflated, not working. We're in a bubble. Investors and central banks are now raising red flags. AI related valuations are at levels we haven't seen since the dot com era. And yet like you said, most businesses that are deploying AR aren't seeing business results from it. When the hype meets reality, the fallout tends to spread and spread fast. And that's what we've seen in the market. I think what a lot of people don't understand is 33 plus percent, give or take of the S&P 500 is being held up by AI talk stock driven companies. Nvidia, Microsoft, Alphabet. These are the companies propping up the market and they're starting to see some, some bad times here. That's what we've seen over the last week or two.
- [45:10]
John Solomon
Yeah, I want to ask a little bit about that dynamic. It's created a little bit of panic on Wall Street. There are a lot of people using the B word bubble and maybe the bubble pops. But in addition to the investors not getting their performance, a lot of the technology has had disappointing and embarrassing moments like it was debuted before it was really ready for primetime. That often is a big boom when it lands that way. Are consumers just scared of this now too?
- [45:38]
Podcast Guest or Interviewee
They are. I think most consumers, especially, you know, our baby boomers, which is our biggest generation, they're scared of technology. They see it running rampant and taking over, taking over their jobs. This is the challenge that they're running into. And they're scared of it. And they always have been. Because when, when a system is so concentrated, when the big players move, everyone else moves too. So when you're, when the majority of your 401k or IRA is in these type of stocks, you don't have any control, you can't move quickly. And so they're scared. You're seeing a huge move out of the market. And it's apparent over the last couple of weeks it's been a roller coaster.
- [46:27]
Amanda Head
Ride when it comes to a package of investments for Americans. Is AI really prevalent or is that something that a lot of investors have seen as maybe it's not necessarily reliable yet, so they've avoided it. Is this something that everyday Americans are really should worry about as a part of their portfolio?
- [46:47]
Podcast Guest or Interviewee
100%. They should worry about it because it's in their portfolio. You know, this is what most financial advisors are plugging into their portfolio, whether It's a traditional IRA, a Roth IRA, 401K. I mean, they've got big tech stocks, those companies that we just mentioned inside their retirement account. And when there's huge liquidations that we're seeing in, in the market, they're being affected. They can't move out quickly. And they've worked their entire lives for something that can change in a matter of seven days. I mean, again, we've talked about it quite a few times. You talk about 2008, which eerily, there's a lot of similar things happening, like 2006 and seven that led up to eight and nine, when in seven days most Americans lost more than half of their retirement account. Seven days. They should be really scared.
- [47:47]
John Solomon
All right, so you hear the word bubble. You hear these predictions, by the way, it's a lot of people talking about, including, like you said, Google CEO said it's an irrational investment. Right now, the guy who's making the technology is warning, how do you protect yourself? You're sitting. It's scary. All right, so you are sitting there, you're looking at this. You don't want to lose half your retirement. Now you're in the gold and precious metal business. But what are some of the early tactics that someone can do to say, I want to be insulated? I don't want this to hit my account and wipe out all the hard work I did investing the last 10 years.
- [48:20]
Podcast Guest or Interviewee
That's a great question, John. You need to plan. You need to be proactive. You need to educate yourself on other opportunities. And this is what we do daily is educate people on alternative assets. Gold, silver, platinum. When there's uncertainty in the market, when the market's going down, gold and silver go up. That's why silver in the last 12 months is up over 64%. Gold's up over 53% in the last 12 months is because it's in. It's an inverse relationship to our dollar, our markets, global tension. And so they need to start planning now, move a portion of their retirement into something tangible and safe like gold and silver. It's theirs. No one controls it. We've made available for all your viewers a new free guide. The Legacy wealth protection blueprint. Get that, get that, read it, Give us a call. We'll walk you through the next steps from there. You need to plan.
- [49:30]
Amanda Head
Shannon, what's so amazing about precious metals, gold in particular, is that, you know, it might have a few dips here and there, but the general trend line is that it is always gaining value. For those out there who look at the price of, you know, a troy ounce of gold from five years ago there, there's probably sticker shock. But the reality is is that it's always going to go up. So if you can afford it, if you can possibly shift things from your portfolio into this, now is the time to do it.
- [49:54]
Podcast Guest or Interviewee
Now is definitely the time to do it. I remember in 2022 when the market was correcting, gold was 1600, a little over $1600 an ounce. Everybody thought it was too much then and Fast forward to 2025 and it's over $4,000. There's a gold revolution going on right now. They're talking about repricing gold. When that happens, some economists are saying it could be worth $15,000 an ounce, $24,000 an ounce. I mean, Jim Rickards himself says it, that you can, you can always preserve your wealth with gold, silver, platinum and it's going to continue to go up. You nailed it, Amanda. It's been steady Freddie for over 20 years.
- [50:39]
Amanda Head
It's a great hedge and it sparkles too. CEO of American Alternative Assets, Shannon Davis. Thanks so much for sharing your perspective with us tonight and to our audience, if you want to protect your wealth and your legacy, now download a free report that can help you do that. So go to johnlikesgold.com right now. It's free and it reveals how to build a lasting strategy when paper wealth and digital schemes are failing again, that is. John likes gold dot com. We've got another segment on the other side. We'll be right back.
- [51:11]
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- [52:11]
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- [53:19]
Amanda Head
Welcome back everybody to our final segment of the night. Thank you to John for taking basically half the show without me. I appreciate it. All right. Now it has been seven days since the historic 43 day government shutdown has come to an end. And the Senate is now looking to take up a big fiscal appropriations bill. The package is drawing criticism because of allegations of major wasteful spending. Now, critics argue that the spending bill is an attempt to fleece taxpayers. And if Congress does not rework the spending bill, it could possibly lead us into another manufactured spending crisis.
- [53:49]
Brandon Arnold
Low and behold.
- [53:50]
Amanda Head
So here to discuss this with us is executive vice president of the National Taxpayers Union, Brandon Arnold. Brandon, thanks so much for being with us.
- [53:57]
Brandon Arnold
Always a pleasure. Thanks for having me.
- [54:00]
Amanda Head
You know, Republicans this time around, they said they were going to change. They said they were going to save us money. They said they were going to shrink the size of government. But at the end of the day, spenders going to spend. Tell us what all. I think it's four different appropriations pieces that they want to tack onto this and it's a lot of money.
- [54:15]
Brandon Arnold
Yeah, I mean, the shutdown, like you said, just ended a week ago, which was good news, obviously, but now they've started to pivot to the annual spending bills which they were supposed to have done before October. Now they want to cram them all together in this big package of four Appropriations bills spend hundreds and hundreds of billions of dollars. Of course, what they don't want you to see is the fine print, the earmarks, the pork, the wasteful spending. But we spent hours at the National Taxpayers Union digging through the bill text and finding all sorts of nonsense. Almost 2,900 earmarks in there totaling well over $5 billion. That's our money that's being squandered to help members of Congress get reelected or to curry favor with certain individuals or businesses in their districts and states. Huge amount of waste needs to go. Absolutely.
- [55:06]
John Solomon
All right, Brandon, give me something that'll really make me mad. I want to go to dinner angry tonight. Give me some real wasteful earmarks, will you?
- [55:13]
Brandon Arnold
Yeah, there's so much in there. I mean, there's, there's a million dollars that is going to the Atlanta Braves Foundation. I don't know if you like the Atlanta Braves or not, but guess what? That team is chock full of millionaires and owned by billionaires. They do not need a million dollars of taxpayer money. We're also giving a million dollars for oyster research in Mississippi, and if that's not enough, we're giving another million dollars to oyster research in Alabama right next door. I don't think the oysters know which state they reside in, but either way, they're getting showered with pork barrel spending. There's things like a, an elephant statue that's being refurbished in, in New Jersey. There's squash courts being paid for in Baltimore, Maryland. So much waste. It is absolutely nauseating.
- [56:01]
Amanda Head
In defense of the oysters, I, I, I've come from the West Coast. I've also had pee east coast oysters, and I will say that Gulf oysters are the best. So, you know, politics.
- [56:11]
John Solomon
Now we have oyster barrel politics. This is not right. This is just not right.
- [56:15]
Amanda Head
Brandon, when it comes to the chatter that you're hearing up on Capitol Hill, especially on the Senate side, who's taken a stab at this? Are you hearing some of the more fiscally minded Republicans saying, hey, we gotta throttle this, or does it seem like pretty much all of the Republican caucus in the upper chamber is, I mean, unified behind it?
- [56:34]
Brandon Arnold
No, I think fortunately, a lot of the fiscal conservatives are up in arms about this bill. There's a lot of what they call holds that is a procedural method to slow down the bill that are being placed by senators like Mike Lee, very conservative member, of course, out of Utah, Joni Ernst, who hates government waste and has done a really good job throughout her career in trying to limit the number of earmarks So a number of conservatives have stood up and said, no, we can't go back to the bad old ways of wasting taxpayer dollars, especially at a time when our nation is $38 trillion in debt and counting. So thank goodness for those members standing up. Hopefully they will help to scrape out as many of these earmarks as possible and we can proceed with more fiscally responsible legislation.
- [57:19]
John Solomon
All right, so we'll stop out, hopefully some of these earmarks in wasteful spending. But there's still the big picture, which is we're still hurtling to $2 trillion a year deficits. We're 38, 39, 40, 41 trillion. We got Medicare and Social Security cliffs coming over the horizon, and no one's really taking a big stab at doing anything yet. I want to talk about four ideas that have been on the table for a long time, but no one executes. And tell me if these help. There's the high risk federal programming that GAO warns us about every year. There's the dead people that could simply be taken off of all entitlement and aid programs, despite his Social Security giving a list of all the federal agency the dead people, checking them quickly. Then there are the, the sort of middlemen that gum up and make government more expensive, like the pension benefit or, excuse me, pharmacy benefit managers. And then those people who go out and sell Obamacare to people who don't need it. And folks like that. How much? If you just took those three things which have been on the table for two decades by gao, how much could we trim quickly without really breaking the bank?
- [58:23]
Brandon Arnold
Yeah, I mean, we're talking about billions of dollars. No doubt about it. You talk about the master file, we don't have communication or across government agencies. So government, the Social Security Administration maintains that master file, but other parts of the government might not know about it. So even though somebody's deceased, their Social Security benefits may have been cut off, but they may be getting benefits elsewhere. That's an enormous problem. Tons of waste there. The pharmacy benefit managers, those are middlemen. Those are scooping up the rebates that are supposed to go to patients. But these drug rebates are instead being held by pharmacy benefit managers to pad their own bottom line. So there's so much waste in the system. And yes, thank God, thank goodness for folks like the Government Accountability Office for flagging them. But flagging them is not enough. We need Congress to actually roll up their sleeves and do something about it. Unfortunately, they have been very slow to do so, if they've done so at all.
- [59:17]
Congresswoman Mariannette Miller-Meeks
Right.
- [59:18]
Amanda Head
Yeah. Well, things move slowly around here, as we all know. Executive vice president and National Taxpayers Union, Brandon Arnold, thanks so much for joining us tonight.
- [59:27]
Brandon Arnold
Thanks for having me.
- [59:28]
Amanda Head
Absolutely. All right, everybody, that's going to do it for us tonight. But we will be back here tomorrow at 6pm Eastern. Thanks for being here. Have a wonderful evening. Grant Stenchfield is going to take you through the next hour. See you tomorrow.
- [59:39]
Congressman Rick Crawford
This is Jim.
- [59:39]
iHeart Radio Announcer
Hello.
- [59:40]
Congressman Rick Crawford
Jim started advertising with iHeartRadio way back.
- [59:42]
John Solomon
In April and now I have customers out the door. And this is Sarah.
- [59:47]
Congresswoman Mariannette Miller-Meeks
Hi.
- [59:48]
John Solomon
She started putting a portion of her.
- [59:49]
Congressman Rick Crawford
Marketing dollars in podcasting back in June.
- [59:52]
Amanda Head
Business is booming. That's why I'm working on a Saturday.
- [59:56]
Congressman Rick Crawford
Want to be like Jim and Sarah?
- [59:57]
John Solomon
It's easy.
- [59:58]
Congressman Rick Crawford
All you have to do is own or manage a business and reach out to iHeart. Get started today at 844-844-IHeart or iheartadvertising.com.
- [60:09]
iHeart Radio Announcer
This is an iHeart podcast.