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Clay Travis
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Clay Travis
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Buck Sexton
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Buck Sexton
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Rodney Williams
I'm Rodney Williams. And I'm Travis Holloway. Welcome to the wealthbreak podcast, a real conversation about finance. Let's be honest, building wealth doesn't look the same for everyone.
Travis Holloway
I feel like sometimes being broke is a cycle and that we might have.
Rodney Williams
To revisit that and we're not stopping at success stories.
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What happens when it doesn't go right? How do you cope with it?
Rodney Williams
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Clay Travis
Welcome in Friday Edition Clay Travis, Buck Sexton Show. Appreciate all of you hanging out with us as we are rolling through the Friday edition of the program. Lots of fun things coming your way. President Trump scheduled to have a media availability and an announcement in the Oval Office shortly. He has continued to discuss the rapid decline in DC's crime rate, including in an unscheduled visit to a local Trump post. Para paraphernalia, I guess it would say Trump sort of souvenir shop near the White House. He went over in his Trump was right about everything hat and made an unscheduled visit a little bit earlier this morning. I am told part of the announcement that Trump is going to make today, not super significant, but is related to the World cup which the United States will be hosting next year. And we will have Andrew Giuliani, son of Rudy Giuliani, on the program in the third hour to discuss some of those details. All that coming your way as we are talking to you. The state of Texas is poised to remake the congressional map there. The battle with California now having a referendum to potentially remake their congressional map as well. This is a fight that might make sense for Gavin Newsom because it puts him more in the center of the national stage. But unfortunately for him, all of the blue states by and large have already redone their congressional districts to effectively box out many different parts of the of the overall landscape when it comes to red state voters being respected even in locations that are, you know, like Illinois, where you have 44% of the vote going for President Trump. And in Illinois, 14 of the 17 congressional seats are in Democrat hands. So ultimately, I think this is going to work to Republican favor. As I said before, study in the New York Times says that the congressional map is a Little bit slanted in favor of Democrats based on the results of the 2022 and 2024 elections. So we will discuss some of that as that decision is coming down. John Bolton, a raid this morning. We will break that down here momentarily. And we've got some fun language changes that the Democrat Party is discussing. We will have some fun with that. For words that they say that they no longer want to be included. But I would say probably the biggest story as we start off today is the fact that John Bolton's home was raided. Buck, this is an intelligence related story, so I'm going to tee it up for you as many different people are out there reacting to this. Bolton has been a prominent Trump critic and this raid seems designed to investigate whether he has been a source for the leaking of classified documents Both in Trump 1.0 and maybe beyond. Is that a fair assessment in your mind, Buck, of what exactly is going on here?
Buck Sexton
Obviously, we need more details to really understand everything that's, that's going on with this. But I got to tell you, I mean, there's a few things that jump out at me right away. One is that there's. He wrote a book, right? And in this book he, he says he got it reviewed. And I mean, look, this is a former Trump guy too. So it's interesting because he was a Trump national security adviser. It's not a Democrat who had his house raid raided. So they've searched his home and his office of John Bolton. Have you ever done a hit with Bolton, Clay? I actually did.
Clay Travis
I don't think so. I don't know him. I've never met him. I, I don't think I have any, any interaction with him in any way.
Buck Sexton
Well, yeah, so I've, I've, I've met him a couple times. The investigation into Bolton, according to the New York Times here, seeks to determine whether he illegally shared or possessed classified information. And that's pretty much what we've got. There are a few things that could be at issue here. One is the book that he wrote and the book he says was cleared. I've been told that there's something about a verbal clearance that he received for it. Basically, there may be some dispute over whether the book went through. And this, I went through this process. For any of you who are wondering why has my book taken so long? It was many months of just pure bureaucratic delay. But I knew, Clay, I had to get under. And this is under both a, a NDA and under national security statute that I signed to go to the CIA 20 years ago that if I'm writing anything that touches on my CIA experience, classified information, etcetera, you have to submit. And I had to get this letter. It's almost like getting a clearance letter from a prosecutor. Like, you're good, you're not under, under investigation anymore. I had to get a clearance letter. Your book is fine without that letter. You are liable for anything that is in that book that the national security apparatus decides was classified. So the book could be at issue. That's part one. I do remember thinking, I have to go and check on this team. But I remember he got a book out very fast after he was done with the, his time in the Trump administration. So fast that I recall thinking maybe he had some kind of a buddy on the inside who moved it along for him. But maybe, maybe he played a little fast and loose. I don't know. The other possibility is that he had classified documents in his home. To me, that would be so stupid, it's unthinkable. Except Biden, as we all know from when he was vice president and when he was a senator. But, but to be fair, Biden did also have some dementia going on. So, you know, there is, we can't say he had dementia.
Clay Travis
And I think this is important. By the way, after the Trump and Biden classified document scandals, if by chance you worked in former intelligence and you were like, oh, I've still got some of these, you probably burned them or shredded them or got ready, rid of them if you have a remotely functional brain, right? I mean the idea that you would continue to possess those is crazy.
Buck Sexton
It's, it's not hard to get rid of them. To keep them would be, that's what I mean, it would be reckless beyond. Look, General Petraeus got hit on this one. Four star general and former CIA director. He got hit for having classified outside of proper check. So it does happen. There was a CIA director a long time ago, even though he's the director, not allowed to just kind of have the papers all over his office at home. So that's possible. I would think Bolton is too clever for that, but maybe I'm giving him too much credit. The other thing, which is probably the likeliest clay, but the hardest to prove is was he feeding information, classified information to reporters to undermine Trump who he had just been working for as National Security adviser. I think that's the likeliest, personally just the likeliest scenario of what the investigation is focused on. But look, man, you never want those FBI guys and windbreakers coming to your house and I'm sure we'll get more on this one. And it's, it's just showing you Cash Patel, the director of the FBI, tweeted out, no one's above the law. Trump's taking that serious or his team is taking that seriously. Trump said he has, he has no knowledge of this.
Clay Travis
Yeah, I don't believe that. But I would say, if I were the president, I'm saying, yeah, yeah, no, I would say the same thing. If I were President of the United States, I'd be like, man, you know, they got independence. I don't know anything about it, but that's exactly what I would say. I do think we should play the flashback here. Here is John Bolton. For anybody out there that is freaking out, here is John Bolton saying, after Trump's home at Mar A Lago was raided, hey, let's just wait and let the process play itself out. Cut five.
Anonymous Expert/Commentator
I don't think he cared about the classification system. I don't think he appreciated the sensitivity of this information and he didn't appreciate the sensitivity of how it was often acquired, the so called sources and methods. So this had been briefed to him before I arrived. It was repeated frequently. I think it simply had no impact on him whatever. It's very hard to speculate on motive other than that he liked cool things, he saw things that he. So he wanted to take them and he was pretty much able to take them. And not just on classified information matters, on all kinds of things that crossed his desk. Some days he liked to eat a lot of French fries. Some days he took classified documents. He wanted them. Why did he want them? Because he could get them.
Clay Travis
Oh, maybe he wanted them because he could get them. Let me also clarify what I said. I don't know that Trump is getting updated on every raid like this. I think Trump knows the process which led to these raids are going to happen. I would say probably Cash Patel doesn't walk in and say, hey, tomorrow morning early, we're going to be doing a raid. I'm not sure Trump is getting the minute updates like that.
Buck Sexton
I don't think on, I think on his former National Security adviser, Clay, he probably is now, I think, Clay, I.
Clay Travis
Think telling him the exact moment that they're going to happen, which allows Trump to say, I didn't know about it.
Buck Sexton
I think that Trump, maybe it wasn't in the decision making process to do the raid. I think that AG Bondi and Cash Patel probably were handling that. Look, this is also, we see this with the DOJ and with Special counsel stuff and all this. They work for the President, but there's this belief that they kind of don't work for the president, but there's a Chinese wall, so to speak, between them and the president. But no, not really, you know, so. So it's a strange place for things to be. I have to wonder if this is actually going to. I have to wonder, you know, what. What the basis for this is. Because to do this and to have it go nowhere here, by the way, here is Trump. Let's hear Trump talking about this play. Cut one. Go for it.
Donald Trump
No, I don't know about it. I saw it on television this morning. I'm not a fan of John Bull. He's a real sort of a lowlife. When I hired him, he served a good purpose because, as you know, he was one of the people that forced Bush to do the ridiculous bombings in the Middle East. He wants to always kill people, and he's very bad at what he does. But he worked out great for me because every time he doesn't talk, he's like a very quiet person. Except on television, he could say something bad about Trump. He'll always do that. But he really doesn't talk. He's quiet. And I'd walk into a room with him with a foreign country, and the foreign country would give me everything because they said, oh, no, they're going to get blown up because John Bolton is there. He's a. Not a smart guy, but he could be a very unpatriotic. I mean, we're going to find out. I know nothing about it. I just saw it this morning. They did a raid.
Commercial Announcer
Do you expect the DOJ to brief you on this?
Donald Trump
Yeah, they'll be. They'll brief me probably today sometime.
Commercial Announcer
And the war minister.
Donald Trump
I don't want. I tell Pam and I tell the group. I don't want to know, but just, you have to do what you have to do. I don't want to know about it. It's not necessary. I could know about it. I could be the one starting it. I'm actually the chief law enforcement officer, but I feel that it's better this way.
Clay Travis
Let me say this to Buck. I would say on this front, I think Trump may not want to know about some of this stuff because he doesn't want to be blamed if it gets leaked. You ever in that scenario where you. I hate sometimes knowing information that I know is not public yet, because I'm like, eight people know this. If it gets leaked, somebody's going to be like, oh, he's the one who talked. Right. And so I think one thing Trump learned about during his first term, in addition to knowing that people like John Bolton, who, frankly, he just didn't have the knowledge to know who to surround himself with as staff, I think also he learned that a lot of these briefings are being done so that they can leak that they briefed the president. That makes it used to brief the president. But I think one of the things that Trump found so frustrating was his intelligence agencies would brief him and then 20 minutes later it's a story in the New York Times and he's like, man, they set me up on this. Remember, our buddy Senator Ron Johnson has talked about this. I don't think it's gotten enough attention. But he got briefed so the FBI could say they briefed him on the Hunter Biden laptop story. If I remember correctly, they leaked the that they had briefed him about the fact that Russian disinformation might be going on so they could make it look like he was somehow a target or involved in this. And so I think Trump may not want those briefings because he just knows that the stories come out and they're trying to paint him into a corner.
Buck Sexton
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Clay Travis
Now you can stream Fox News live on the Fox One app. Stay on top of breaking news and the biggest stories live as they happen. All from the FOX voices you trust bringing you the coverage you won't find anywhere else.
Buck Sexton
Start your 7 day free trial today. Offers are subject to change. Go to Fox one for complete terms and conditions. Fox one we live for live streaming now. Oh, hey.
Travis Holloway
Hey. Thanks for meeting me here on such short notice. This place isn't bugged, is it?
Buck Sexton
Bugged?
Rodney Williams
Wait, Jamie, what's going on?
Travis Holloway
It's just you're my only lawyer friend and I need your professional opinion. Do you see that brand new Hyundai Tucson out there? Yeah, that's all I paid for it.
Rodney Williams
Ah, I think I need to get.
Buck Sexton
Back to you on that.
Travis Holloway
Do you know what you want?
Buck Sexton
Yeah, I do now.
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Clay Travis
Listen, I don't want to get in your business, but if that's all she paid for it, I'll have what she's having.
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Buck Sexton
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OCI costs up to 50% less for computing, 70% less for storage and 80% less for networking better.
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Clay Travis
And all your biggest workloads right now with zero commitment. Try OCI for free. Head to oracle.com clay that's oracle.com clay Grand Canyon University, a private Christian university in beautiful Phoenix, Arizona, believes we're endowed by our Creator with certain unalienable rights to life, liberty and the pursuit of happiness. GCU believes in equal opportunity and the American Dream starts with purpose. GCU equips you to serve others in ways that promote human flourishing and create a ripple effect of transformation for generations to come. By honoring your career, calling you impact your family, your friends and your community. You can change the world for good by putting others before yourself to glorify God. Whether your pursuit involves a bachelor's, master's or doctoral degree, GCU's online, on campus and hybrid learning environments are designed to help you achieve your unique academic, personal and professional goals. With over 340 academic programs as of September 2024, GCU meets you where you are and provides a path to help you fulfill your dreams. The pursuit to serve others is yours. Let it flourish. Find your purpose at Grand Canyon University. Private christian affordable visit gcu.edu let's go ahead and talk economy here for a minute because I know this impacts you guys a lot. Stock market is setting another all time high today. That is if you have a 401k. If you have a retirement account. It wasn't very long ago that there was a full fledged panic out there in the financial markets. In fact it was in April and we said on this program hey, keep your head down, hold on to your stocks. If you did, you're in great place. If you had money on the sideline as we said, it was a good time to buy. You now have made since April. This is pretty extraordinary 30% return. That's about as much as you statistically would make in a three or four year window. So if you bought the dip, you are now up over 30% again. If you had dry powder, if you had money sitting on the sidelines, new record highs. Pretty much every stock is surging right now. And that's happening today because, and this is significant, Jerome Powell, who is, I believe, out in Jackson Hole, Wyoming for a yearly summer event there, he said, basically, yeah, we're going to have a rate cut in September. That would mean your mortgages would be cheaper. If you're thinking about buying a home, that would mean your, your rates on credit card, your rates on cars, whatever you are borrowing, that would theoretically make a big difference for you. Trump has been right about inflation not surging and the fact that it's time for rate cuts. And here is Jerome Powell basically acknowledging that this morning In Wyoming cut 10, our policy rate is now 100 basis points closer to neutral than it was a year ago. And the stability of the unemployment rate and other labor market measures allows us to proceed carefully as we consider changes to our policy stance. Nonetheless, with policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance. That is a lot of gobbly, good for many of you out there, but it is basically acknowledging that, hey, there's going to be a rate cut. And let me pull up the actual, the actual projections out there on the gambling markets. They do a really good job generally speaking of forecasting this. And there now is a basically 90% chance that you're going to see a rate cut on September 17th. So that would then mean again, lower borrowing costs for many of us out there who own homes. Thinking about buying homes, if you're taking out a interest rate on buying a car or your credit card rates, whatever they are, looks like a quarter point decrease, although there's a possibility of a 50 basis point decrease. So that is the expectation, also an expectation that there may be rate cuts in October as well. So that is an economic outlook for you. And that is what is propelling stocks to record highs across the board here. Yet another thing, Buck the experts, experts in quotation marks. I feel like I need to say that got wrong because they had a lot of people panicking in April. And I bet, sadly, you know, you know who didn't out there panicked, you.
Buck Sexton
Know who didn't panic in his suspenders and his French cuff with his monogram are. I'm trying to remember your actual name. Richard Clay.
Clay Travis
Richard Clay. Travis.
Buck Sexton
Yeah, Richard Clay. Travis. Clay Travis didn't panic. I didn't panic either, but Clay didn't panic. He was like, stay with it, stay with it. And it was good advice. Trump said, I'd never Heard this before the president, was it, was it Trump.
Clay Travis
Or who was it?
Buck Sexton
No, it might have been one of his. I think it might have been the president. One of his top advisers basically said, Tesla's on sale. Buy it. You never hear somebody, that senior government. By the way, Tesla was on sale.
Clay Travis
He also said, don't be a panicking meaning again. I know, because there's so much noise every day, it's easy to get fired up. This is my public address announcement for the day. You're gonna make about 9% a year if you buy index funds and you hold on to them. Now that doesn't mean you're gonna make 9% every year. You need to have a horizon. 5, 10, 15, 20 years. Overwhelmingly this is the truth. When you try and time the market, you tend to sell low and buy high. That's an average person out there. And so when you get like that frenzy, that drumbeat, what is the great line? I'm going to paraphrase it from Warren Buffett.
Buck Sexton
Be. Be.
Clay Travis
Oh, I'm not even going to say it. Well, I'm going to look up the quote because I want to make sure be greedy when others. When others are scared and scared when others are greedy basically is his investing maxim and guy's the greatest investor in the history of the United States. So when everybody else is screaming buy. Be nervous when everybody else is screaming sell. It's the best possible time to go buy. That's a general contrarian index, but it tends to be true. And I think in general what this means is the housing market. Hopefully my biggest hope is that by next year we have unfrozen that housing market. And those of you out there that got 7% mortgages are able to refi back into the 5% range. And some of you out there with 2 and 3% mortgages, with mortgages back around 5, you're willing to make that shift. Maybe you put your house on the market, maybe you move to a new neighborhood because you got kids that are school age or your kids have left for college and you're moving back to a smaller home. We just need to unfreeze the entire pipes for lack of a better way of the housing market, because I think that will unlock a lot of growth in our national economy.
Buck Sexton
You know, we had that conversation earlier this week about how so much of what you want in life is entirely attainable if you just do the things you know you should do that are not easy to do, but you know you should do them. It applies to certainly, you know, your Health and fitness. Like, last night, I discovered that the Jenny's Gooey butter cake ice cream in the freezer was, in fact, gluten free. This was not good knowledge for me to have, Clay.
Clay Travis
This was not. I, I, it's funny you mentioned this, because I had my sons at the Atlanta Braves, you know, to go watch games a few weeks ago, right. Right before school started, I had this exact flavor of Jenny's ice cream. They have a Jenny's ice cream right by the Atlanta Braves stadium. And I gotta tell you, it is.
Buck Sexton
Unbelievable how shockingly good. It's like, what are they putting in this? I can't stop eating it, and I don't even want to look at it after. Look, you know, last night I went, I went off plan. As I say, that's what I tell my wife. I tell Carrie. I said, honey, I went off plan.
Clay Travis
Is ice cream your thing you eat and you just can't say no to it because it's not necessarily mine? Like, what is your guilty sin when it comes to food where you're just like, I just couldn't stop eating it?
Buck Sexton
Chocolate, cheese, and ice cream, which is a deadly triad, let me tell you.
Clay Travis
Tough trio.
Buck Sexton
Yeah. Yeah.
Clay Travis
I'll tell you, I can't. Like, I went last night, my son played his first football game of the season. They played ninth grade football. So we kicked off here in Tennessee for his school. And then we went to dinner. After the game, we went to go get Mexican food. I don't think I can stop eating chips and salsa. I don't know how much chips and salsa I would have to eat for me to be like, you know what? I can't take another chip. I don't, I don't think it's possible to fill up on chips and salsa.
Buck Sexton
Like, I love Mexican food. I'm not, not a controversial take. A lot of us do. Guacamole is a meal, everybody. This is the problem with it. It's delicious. It's amazing. But this thing of like, oh, I'm just going to have like a big bowl of guacamole before my meal. Unfortunately, guacamole is like green ice cream. It is really calorie dense.
Clay Travis
I just sat there and I can't say no. I mean, that is my flaw. I also, like, I don't even know if this is a combo that a lot of other people are into, but I can avoid it more. So peanut butter and crackers is one of the greatest combos in the history of mankind. Peanut butters and graham crackers if you like the gram that probably just made everybody fat. Now, that's a combo. That's one of the greatest combos to ever exist. But I feel like I can eat those all day too. But the chips and salsa combo, I bet I ate 10 pounds of chips and salsa last night. I never don't have to get multiple refills on the chips bowl. And usually it's not my wife and my kids that are pounding it. It's fat dad here.
Donald Trump
So.
Buck Sexton
So what I was saying, though, is that. Yes, okay. That's funny that you had that flavor of Jenny's ice cream. I was so good. I don't know. It was like. It was one of the. Honestly, I would throw pistachio under the bus for that Jenny's ice cream. I would push pistachio ice cream under the waves and pull that Jenny's ice cream up into the rowboat with me if I had to.
Clay Travis
You are getting called out by producer Greg because this stuff is evidently very expensive. The Jenny's ice cream. But so good.
Buck Sexton
It is. So I. Look, producer Greg, you know what? I can I. If I have to eat my Jenny's ice cream with a top hat and a monocle on, I'll do it. I don't know what to tell you. If the butler has to say.
Clay Travis
You have Nancy Pelosi taste when it comes to ice cream here. I didn't know it was this expensive. 12. $12 a pint. So.
Buck Sexton
So the Pelosi reference I remember this well was when Pelosi was doing her. Like, it's okay that everyone's locked at home. You can't go out during COVID but you have all she opened. I think it was like a $15,000 Viking freezer unit. Okay. The most. One of the most expensive freezer units you could possibly have. Like, more than a lot of people's cars. And then opened a giant freezer drawer with like 10 pints of 12 or $15 Jenny's ice cream in it. And she was like, it's not that bad during COVID And everyone's like, you know, everyone was completely freaking out. So that's why it's the Pelosi.
Clay Travis
It's the Pelosi ice cream. It is on this one. You're right. It's so good.
Buck Sexton
Yeah. So what I was saying, though, about. About on the financial side of it, is it think of it a little bit like ice cream or a little bit like, you know, eating healthy food? You know, what works The. The clay speaks to you on this all the Time. And you know, you know what the. If you look at the. The vast majority of people, over 90% of people, just being disciplined and putting money in the market and not touching it until you really need it, and hopefully you don't need it for 10, 15, 20 years. That is the pathway to success. It's like eating a, you know, a mixed and varied diet of whole foods, of something that either comes from the earth or had a mom and dad. So it's kind of a weird way to put it, but it's true. You know, you. You either want to eat an animal or something that grows, and that's, for the most part, the way to do it. And if you do it, good things happen, right? So it's like that with finance because you try to pick stocks and you think you're going to be Gordon, the second coming of Gordon Gekko. You got to remember, Gordon Gekko was cheating and went to prison in the movie. So you don't want to do that.
Clay Travis
Most people who beat the market are cheating because it's really, really hard to beat the market. And usually in order to beat the market, you have to have information that the rest of the market does not have, which allows you to value the market price is better than other people would, at least historically. Over time, it's hard to do. Some people, like Warren Buffett, brilliant, able to do it.
Buck Sexton
Now, this is going to be a bit of a term, but I think it's so important we have to get into it. And that is the conversation about how to save children to be from abortions. Little babies in the womb to bring them into this world to save them from abortion. What can we do right now? So many states have abortion. As you know, abortions actually went up after. Went up nationally after Roe v. Wade was overturned. So it's a question of giving moms better options and help and support and love. And that's where preborn comes in. The preborn clinics are out there all over the country, and they've been doing this for decades. And they are giving moms love, support, care, assistance. And they started out with a free ultrasound because they know that when that mother to be meets the tiny baby growing in her womb, sees the heartbeat, and has a conversation about how this is going to be an incredible decision for her of life, and then she's gonna have a little boy or girl. It's saving lives every day. That's what preborn is doing. 350,000 babies have been saved through this life giving work. And so many mothers have an entirely new outlook and have love in their hearts because of the help that they got from preborn and the amazing little boy or girl that they brought into this world. This is happening every day. But they need your support. They don't get a dollar from the government and they're competing against the abortion industrial complex, which is so well funded and has had so much government money, it's crazy. So help save babies right now. You can do it yourself. Dial pound two five zero and say the keyword baby. That's pound two five zero. Say baby. Or go to preborn.com buck preborn.com buck.
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Buck Sexton
All right, welcome back in here to Clay and Buck. We just had the President Trump presser from the Oval Office and we had some very interesting takeaways from that. First off, for those of you who are soccer fans, if you're in Europe, football, it's going to be huge for the US Put aside whether you like soccer or not. And Clay honed in on this one a few moments ago. It's such a big draw for businesses, for money, for visitors, for tourism, for all of that. And, and it's a good look for America. You know, I'll tell you this. I'm sure a lot of you have the same thing I get, and I think this is a good thing. And I think everybody should feel this way. If I read that something bad happens to a tourist in my hometown, it ticks me off. You know, it really does, because I, I want, and now that was true when I lived in New York. It's true when I live in, in Miami now. So we want to be able to showcase the greatness of American America cities to the rest of the world. It's a pride thing. And I think that's a good thing for us to have.
Clay Travis
Right?
Buck Sexton
I mean, Clay, someone goes to Nashville, they're visiting from Japan or Germany or Brazil or wherever. You, you know, you just, I think as a resident, you always want visitors to have a good, you want tourists who are putting dollars into that economy and supporting hotels. And, you know, you just want them to have a good experience. And that brings me to Trump and how this is all tying together. You'll notice something. He was talking about FIFA, and I know a lot of you are like, soccer, whatever, just stay with me on this, okay? He's talking about the soccer stuff, but he's also talking about D.C. well, it turns out there's some method to the madness, if you will, on this one. Trump isn't just going to do this in D.C. we got, next year, the World Cup. They're going to be playing a lot of these cities. He mentioned that. You know, this is D.C. restaurants have closed, and I have a friend who owned restaurants in D.C. he had to close them because the neighborhood was too dangerous and people weren't moving in the levels that they had thought, and it was just too difficult. You know, they had to deal with too much. So this is.
Clay Travis
That's real.
Buck Sexton
I know, I know from someone firsthand, because he went into a transitioning area, you know, tried to do that urban pioneer thing where you go into an area where think it's getting better. Didn't work. Trump is cleaning these places up. He's starting with D.C. and Clay, here he is cut 30. He says Chicago is next on the list. Play it.
Donald Trump
After we do this, we'll go to another location and we'll make it safe also. We're going to make our country very safe. We're going to make our cities very, very safe. Chicago's a mess. You have an incompetent mayor, grossly incompetent, and we'll straighten that one out probably next. That'll be our next one after this, and it won't even be tough. And the people in Chicago, Mr. Vice President, are screaming for us to come. They're wearing red hats, just like this one, but they're wearing red hats. African American ladies, beautiful ladies, are saying, please, President Trump, come to Chicago, please. I did great with the black vote, as you know, and they want something to happen. So I think Chicago will be our next. And then we'll help with New York and we're going to help with. And I think, really, I think a lot of. And a lot of these people that you see on television, they are, including the people in this audience, they'll say bad things about me, and then they'll say, thank God he's here.
Buck Sexton
True, Clay. And I love this move, especially if the DC Numbers continue to trend in the right direction.
Clay Travis
I, I think it's transformative. And, and I said this, and this is what I got ripped for. I said, if it works in D.C. we should see this expand to other cities around the country. And look, if I were governor right now of Tennessee, don't have to worry about that. Tennesseans, but if I were, and I like Bill Lee a lot, and I know we've got a governor's race coming Up, I would be looking at what's happening in D.C. and thinking to myself, what if I deployed the Tennessee National Guard in Memphis? What if I gave the Memphis police additional boots on the ground support to the city that has the highest murder rate by far in all of Tennessee and one of the highest murder rates in the world? Certainly one of the highest murder rates in. In right now in the country. And Trump mentioned New York. If we could have the same WO R listeners. I'm not saying things in New York are perfect, but if we could have the same murder rate around the world as exists right now in New York City, in most of our big cities that have way higher rates, I need to pull up the rates. We probably eliminate 50% of the murders in this country. I mean, I mean, seriously, if you look at the numbers, remember when you were stunned by this, Memphis had more murders than New York City in the last couple of years.
Buck Sexton
Astonishing. Look, New York, for all that people like to attend. I still think New York is the greatest. Is the greatest city all in. In America. You can get mad at me for that, but I still believe it. I love New York. I always will. It's run by some idiots. Recently, it's gone on a little bit of a downturn, but it's not even in the top. I don't think Clay is In the top 30 most dangerous cities per capita in this country. When you're. When you're looking at all. All US cities, maybe it's in the top 25 or third. I don't think so. I mean, so it's all about what's relative to New York, a relative success or failure compared to it being one of the largest, one of the most safe large cities in not just America, but honestly in the world. I mean, there was a period of time where New York was getting in that conversation with some of the large European capitals. And, and so that's. That's, I think, worth noting. You're talking about dangerous, but we all know what it is, and it's so sad. The dangerous cities perennially, you know, year in, year out, it's D.C. baltimore, Detroit, New Orleans, Memphis, Birmingham, unfortunately. What. What am I leaving? What am I. Chicago.
Clay Travis
According. According to this, the top five per capita. And again, per capita, there's potentially some issues. This was 2023, so I. I don't have the updated 2024. Memphis was number one in the entire country per capita. Most murders. St. Louis was number two, Baltimore number three, Washington, D.C. number four, and Birmingham, Alabama, number five.
Buck Sexton
I just did that. I Basically did it from memory because that's. They're always clay on that list. Chicago has a very high overall number because it's a large city, but that violence is mostly concentrated in certain areas of the city. But, yeah, this is, this is something that needs to be addressed. And think about this. Now. Let's set up the Chicago conversation. Let's assume for a second that what Trump is doing in D.C. and he continues to do, even if 30 days of data supports what Trump has been up to, Even if it's 30 days, why wouldn't Chicago want to see if they can go? I mean, what happens if he goes 30 days without a murder in D.C.
Clay Travis
You'Re going to tell me you don't.
Buck Sexton
Want that in Chicago.
Clay Travis
It's incredible. Yes.
Buck Sexton
You know, you're going to tell me. I understand we're not there yet, and we have to see where this data goes. But they're arresting violent felons and serious criminals. They're putting more people on the streets to prevent crime from happening. I can't see this as anything but upside for the city of Chicago, except it makes Democrats look like cowards who just lack the political will to protect their own people. And that's a really tough thing for them. You know, you're, you're really going right into the heart of Democrat power here with, hey, not only do you guys, Democrats have bad ideas, you have been allowing your own people to be killed, raped, robbed, you know, all these things in numbers. Far what was, you know, what should have been expected. Right. It's never going to be perfect, but far beyond, because you don't want to admit that Republicans had a better option, really.
Clay Travis
I think that's well said. I would, I would also just synthesize it this way. In D.C. it was one of the epicenters of the Black Lives Matter movement. They demonized police, they put on the concrete there. They had a Black Lives Matter Memorial Park. And the rate of black murder skyrocketed in Washington, D.C. as BLM was at its most active. Now Trump is actually showing what Black Lives Matter truly means. Instead of just having rhetoric, he's going out and arresting violent criminals. And as a result, black people, who represent 94% of all shooting victims in Washington, D.C. are overwhelmingly going to benefit the most from a decline in violent crime. And this is true in most big cities in America, where black and brown people are overwhelmingly victims of violent crime. And so if violent crime declines, it typically doesn't decline as much in the rich parts of town, because the rich parts of Town already, by and large have a much lower rate of violent crime. So the most of the benefit of crime crackdowns in Europe to places that actually have the highest crime rates. And so Trump is acting to protect black life in terms of reality, more so than anyone who was super outspoken from blm. And he's doing it by letting cops do their job, which overwhelmingly protects black life as opposed to taking it, which was the story of blm.
Buck Sexton
Think about the way he's setting this up, Clay. If you have major crime drops in these cities and then there's a. Or where they're doing this for the World cup, it all comes together in a way that looks like a stroke of genius from Trump on all fronts.
Clay Travis
Yeah. And closing up that, that circle on the World Cup. And again, we'll talk with Andrew Giuliani at 2:30. You hit it. But I think it's worth hammering home. Even if you hate soccer, even if you're like, soccer is a game for wusses and socialists and communists and all this stuff. Whatever you think the biggest, richest sports fans in the world are going to travel to the United States for the World cup, which is going to mean the cities that host these events are going to bring in tens of billions, I think billions of additional dollars in revenue for restaurants, hotels, bars. So many people, Uber drivers, so many people out there, taxi drivers across the entire spectrum of the economic landscape are going to benefit immensely from having big events like the World cup taking place next summer. I want to tell you, if you're running a business, you want to be able to connect with all your employees at once. Cell phone calls work, but they don't carry the immediacy necessarily of rapid radios. I was talking about this. I went to a great event down on the Florida Gulf coast called Digital Graffiti Community called Alice Beach. Gorgeous. They have a big awesome event there. And we walked in and cell phone service, sometimes a little bit spotty. They were using rapid radios, all the security guards to communicate with each other. I didn't even notice it. My wife did. There are so many different uses for this, both on individual and a corporate level. To use this nationwide LTE network, they don't require any setup. Just pull them out of the box, press a button and you can talk. Compact in size, five day battery charges. And they'll give you an excellent alternative to cell phone communication. 100 private, no monthly fees or subscriptions. Get hooked up right now@rapidradios.com to save up to 60% off free UPS shipping from Michigan. Use code radio for an extra 5% off, that's code radio rapidradios.com order today@rapidradios.com.
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Clay Travis
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Clay Travis
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Start your 7 day free trial today. Offers are subject to change. Go to Fox one for complete terms and conditions. Fox one, we live for live streaming now. Oh, hey.
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Clay Travis
Bugged? Wait, Jamie, what's going on?
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It's just you're my only lawyer friend and I need your professional opinion. Do you see that brand new Hyundai Tucson out there? Yeah, that's all I paid for it.
Rodney Williams
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Clay Travis
Back to you on that.
Travis Holloway
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Clay Travis
Yeah, I do now.
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Clay Travis
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Clay Travis
Welcome back in final hour of the week. 14 hours up, 15th hour underway. It is Friday. Let's have some fun. Appreciate all of you hanging out with us, encourage you to go, subscribe Clay & Buck YouTube page. Three hours of radio video of our radio show going to be going up there in the months ahead. And you'll be able to consume this show in even more ways than you already can. You can find us on podcast. Crazily, video of podcast is now more popular than podcast, which I never would have predicted. The media marketplace is evolving rapidly and we want to be everywhere, including all 555 stations from all of you out there in all 50 states. States. So you can find us on the iHeartRadio app. We are everywhere. Bunch of different news stories. Let me hit several of them off the top here. We have discussed in great detail the Bolton raid, the raid on Trump's former security advisor, which took place this morning. Uh, we don't know a lot of the details associated with it, but it is underway. Trump, is he still talking? Guys talked for over an hour basically in the Oval Office surrounding an announcement which we are getting lit up for. It is very funny sometimes what the audience gets fired up about because it is a World cup related event. And both Buck and I are proponents of soccer being a sport that is worthy of watching. Many of you disagree. The Kennedy center is going to host the group stage announcements on December 5th. And I do think, if you are of the opinion that America's stature on the global stage matters quite a lot. Trump is focused on trying to make next year's World cup one of the greatest events the United States has ever hosted, and also on making the 2028 Summer Olympics a big deal as well. It mirrors in some ways the World cup, which we hosted in 1994, and the Atlanta Olympics, which we hosted in 1996. Some of you are letting me know that we have hosted the Winter Olympics and I certainly don't want to shade that. But the Summer Olympics is a much bigger deal than the Winter Olympics. Way more countries participate, way more viewers watch and, and are involved in that. And that's not to denigrate the Winter Olympics. I hope to get to go what they're having them out in Park City right in the 2000 and 30s, if I'm not mistaken. And I would love to be able to go out and watch some of those events in Park City, outside of Salt Lake City, which is a fabulous there you go place to visit if you have never been. And I hope to be able to go to that. But 2026 World cup next year, I bet Buck and I will go to some of those Games. 2028 LA Olympics Texas Redistricting is currently underway. The votes, the Democrats have shown back up after saying, oh, we're not going to be there. We've got. I want to play this cut. We need to get her on the show. Virginia Governor win some Sears. In what is turning into a heck of a donnybrook in Virginia, Virginia has unique gubernatorial processes in place. First of all, they have the election the year after every presidential election, off year election. So 2021, 2025 right now. And you can only serve one term. So Virginia Governor Glenn Youngkin, who has done a fabulous job by all intents and purposes and would probably be a very big favorite to be reelected, is not able to run for a second term. He could run in four more years, but you can't serve back to back and so win some sea. Sears is running against Abigail Spanberger, and that is currently underway also, and she's got a great ad. Maybe we'll play it for you before this show is out, but we need to get her on the program. Okay. Trump being Trump. There are still a bunch of funny clips that are coming out from that event. Uh, here is a reporter asking Trump if he's going to take part in the World cup events. And Trump says, heck, you see what soccer players make. I may decide to start playing soccer. Cut 34.
Buck Sexton
It's going to be a big event at the Gay Center. Do you intend to take part in it? Will you have a part to play in on December 5th?
Donald Trump
I might play. I mean, I see the money that these soccer players, you know, the. We call it soccer, but I see the money that these soccer players are making. I may try and play. I'm a very good athlete. My son. My son is a very good athlete, and he's a good soccer player. On the tall side, for soccer. He's 69.
Clay Travis
It's pretty tall, but that's pretty tall.
Donald Trump
The tall side, but. But no, I may. I may put on shorts. I look extremely good in shorts. Enjoying the play. It's going to be a lot of fun.
Clay Travis
I do think you and I have hit on this a lot. Trump is way funnier than he gets credit for. I mean, just way, way funnier. He doesn't laugh. Laugh like Kamala Harris has that really uncomfortable cackle whenever she tries to make a joke. Trump deadpans a lot of his humor, and I think people are just not. I mean, I understand our audience gets Trump's sense of humor, but I think a lot of his critics don't understand when he's actually joking and poking fun at them because they've kind of got the idea that he's Hitler and so the idea that he would tell a joke they don't get and he's not a ha ha, I'm going to laugh at my own jokes, Guy. But he's very good at deadpan. And so this is, this is very, very, very, very funny. From the White House a little bit earlier, Let me hit you with this, buck. You're a New York City guy. Cracker Barrel is being universally savaged over their decision to do away with the.
Buck Sexton
They need Sidney Sweeney. I'm seeing the memes. Cracker Barrel needs Sidney Sweeney to save the brand.
Clay Travis
So I have two questions for you to have some fun. To start off the day here, the third hour here after 14 hours on the air so far this week, let me ask you this. We have seen the old white guy, Cracker Barrel guy. Both the cracker and the barrel canceled. We have seen the Native American, the Indian good looking Land o' Lakes lady. Remember her? Used to be on the Land o' Lakes butter aunt. Poor Aunt Jemima has given up the ghost on the syrup. And Uncle Ben, do you remember Uncle Ben from Uncle Ben's Rice back in the day? All of them have been canceled for being considered to be problematic. If you could bring back one, who do you bring back? Cracker Barrel guy, Aunt Jemima, Uncle Ben or the, the Indian Land o Lakes girl?
Buck Sexton
I'm probably Indian Land o Lakes girl. I don't know. I'm just throwing it out there. I don't really have a strong preference than anything.
Clay Travis
I got a strong. I got a power ranking here. I know exactly. I think it's Aunt Jemima. I think Aunt Jemima really got treated unfairly and she was great on the pancake syrup. Now I want the Cracker Barrel guy to come back, but I would like to see all four return. But I think Aunt Jemima would be my number one draft pick here. And second part of this, in your home city of New York, Cracker Barrel decided to reach out with all of this going on. And they had a public line dancing event in New York City as part of their rebranding of crack. Sorry, I'm laughing because I just can't believe that this is real. These marketing people are such morons. They did a line dancing event in New York City after canceling the logo, after arguing basically that the brand was outdated. And now they're going to do line dancing in New York City.
Buck Sexton
I'm going to tell you, it's crazy.
Clay Travis
AI.
Buck Sexton
People talk about what jobs are going to be under pressure from AI I think marketing is going to be a career of the past in a lot of ways, because the tools of marketing, making things, pulling together, research, you know, making logos, brands, that's going to get a lot easier for everybody. And so I believe that you're going to see that also advertising, the advertising industry more and more that's going to be brought in house. And with AI, you can create logos and decals and videos and all kinds of things on your own. So now I'm sure there are some very nice conservative marketing people out there, but generally those are industries that are absolutely dominated by communists and have been a huge problem for those of us who work in conservative media for as long as I've been doing this, because they block us all the time. They don't want to work with conservative brands. These Madison Avenue advertising executives and the rest of it, these marketing executives, they don't want to work with conservative brands. They bring extremely left wing politics to things. And so the wreckage that I think is going to run roughshod through those industries because of AI is, well, in a lot of cases it will be a comeuppance that is well deserved.
Clay Travis
Have you seen this video yet of the line dancing going on in New York City's meatpacking district?
Buck Sexton
Oh, so can I just tell everybody? Meat. Meatpacking is one of the trendiest neighborhoods in New York. I think you would have one of the lowest levels of Republican registration in meatpacking, probably in all the five boroughs. I mean, it's up there with Brooklyn, the really blue parts of Brooklyn, which are 90 plus, 95% plus Democrat. So to roll out the line dancing in meatpacking is quite a thing to do.
Clay Travis
I just, you know, really what this gets down to, and I know it's a silly, ridiculous story, but I do think it's reflective they hire these executives who have contempt for the customer. That's really what this is about. When you decide you're going to rebrand, oftentimes what you're saying is, the people who like us, we don't like them. And this was Bud Light. Hey, Bud Light's too fratty. They have an immature sense of humor. Yeah, most guys do. Most normal guys have a little bit of an inappropriate and immature sense of humor. Every single person married to a man knows this. Every single person raising a son or a grandson knows this. We all men are a little bit immature and oftentimes a little bit inappropriate. That doesn't make us bad people. In fact, it actually makes us somewhat more likable. And endearing because if you have a sense of humor, as we just talked about with Trump, sometimes you can have a more effective communication strategy with humor than you can with straight, aggressive analysis of argument. The other thing here though, Cracker Barrel and I thought Byron Donald's did a really good job calling in and talking about this because he had worked there when he was great.
Buck Sexton
He's always, he's always a, he's always a fun guest.
Clay Travis
But good idea from Buck because he was tweeting about it, he was like, get, you know, shoot him a tax evil call in and talk about it. But I do think I, I feel this and I see it because, you know, college football fans sometimes get raked over the coals because we're seen as rubes, because we're seen as not sophisticated football or, you know, you're not the right kind of person to appear oftentimes in television advertisement or whatever else. That's the people who eat at Cracker Barrel. And so they have contempt for their audience. And that's why you do a pop up event in the meat packing district of New York City. Because that CEO, that's who she wants coming to Cracker Barrel. She wants the, the trendy person from New York City who they're never going to eat at Cracker Barrel. That's not your base. It's old Southerners like me, people who want nostalgia from old Southern meals that they might have had in the past or that they might remember. And I just, it really, it really gets me angry because you're destroying something that someone built that is actually great and you have contempt for the people that have allowed that business to exist. You're turning your back on them. And it really fires me up, honestly.
Buck Sexton
Well, this is, this is progressives all throughout the culture, they're locusts. They show up and they just destroy, they take over and destroy things left and right. California, for example, now, no, it's not destroyed. California still got a lot of beautiful stuff and, you know, great places to live. But in terms of governance, the taxes and the way that it's handled, California became, became great when it was a red state. That's when California reached what it, you know, it became what it was when it was a reliably Republican state, actually. And then Democrats took over and they do this in, in a lot of places. They take over something that is, you know, remarkable and they make it. I mean, look at what they did with Twitter before Elon bought it. Twitter was this cool social media site and then it just became infiltrated with these progressive lunatic left wingers. And then they turned it into a big social justice, you know, like a nonprofit basically, and were using it to discriminate against their political enemies. And they completely overran that place. I mean, this is why when Elon bought it, it was so fascinating. You saw, this is like they burrowed in. As I always say, they're an invasive species. They don't seek to be in harmony with the right, with conservatives in these places. Live and let live, neutral space. That's all nonsense. They want to completely create a political monoculture. And unfortunately, Clay marketing and advertising, it's kind of like Broadway. Total political monocultures. There's nothing else allowed except left wing stuff. And, you know, that's. That needs to change. I hope it will change. But on the Cracker Barrel issue too, people were saying, well, who cares? Or why? No, it's not just that. The woman who was in charge of this, of this crappy rebrand effort clearly is like at msnbc, watching liberal. That's. That's one part of it. Why did they want to change it? What was the indicator that it was in need of change? It was old, it was white. It was. It was Southern. That was. And those things are viewed by the people put in charge of the rebrand as inherently negative. That's the point. That's why it offends people that they messed with this thing.
Clay Travis
And again, we're going to go to break. But I do think that is the only reason the business exists. If you take away the Southern charm of Cracker Barrel, there is nothing left that is the foundation of the brand. You're never going to get trans influencers from Brooklyn to show up at Cracker Barrel to go eat. They don't like the people who consume their product. And honestly, it is malpractice to have people running the company that don't respect the people that consume the product. I mean, that's the truth. Look, Tunnel the Towers, their support and your support makes a lasting difference for so many families like the Clark family. U.S. air Force Sergeant Jesse Clark's military service came to an end after a chemical exposure caused a large tumor to form in his brain. As a result, he's paralyzed on the left side of his body, legally blind, prone to memory loss, and in a wheelchair for the remainder of his life. Friends like you help Tunnel the Towers build this hero a new smart home to help him live a more independent life. So many more families like the Clarks need your help now. Tunnel the Towers was founded after the horrific events of 911 to help families like the Clarks. We can't forget, not when they've sacrificed so much for all of us. America's heroes have given so much and thanks to them you can give a lasting and impressive donation to help show your commitment to their sacrifice. Join us and donating 11amonth to Tunnel the Towers at t2t.org that's t the number 2t.org sometimes all you can do.
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Rodney Williams
I'm Rodney Williams. And I'm Travis Holloway. Welcome to the wealthbreak Podcast, a real conversation about finance. Let's be honest, building weft doesn't look the same for everyone.
Travis Holloway
I feel like sometimes being broke is a cycle and that we might have to revisit that.
Rodney Williams
And we're not stopping at success stories.
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What happens when it doesn't go right? How do you cope with it?
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Because wealth isn't just about money. It's about creating a life where you thrive and help others do the same. Listen to the Wealth Break podcast on the iHeartRadio app.
Clay Travis
Now. You can stream Fox News live on the Fox one app. Stay on top of breaking news and the biggest stories. Live as they happen, all from the Fox voices you trust, bringing you the coverage you you won't find anywhere else.
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Start your 7 day free trial today. Offers are subject to change. Go to Fox one for complete terms and conditions. Fox one, we live for live streaming now. Oh, hey.
Clay Travis
Hey.
Travis Holloway
Thanks for meeting me here. It's just you're my only lawyer friend and I need your professional opinion. You see that brand new Hyundai Tucson out there? That's all I paid for.
Clay Travis
Ah, let me get back to you.
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Clay Travis
This is an iHeart podcast.
Episode: Daily Review with Clay and Buck – Aug 22, 2025
Date: August 22, 2025
Host: iHeartPodcasts
Overview:
Clay Travis and Buck Sexton tackle the day’s most pressing stories in politics and current events with a blend of sharp analysis and humor. In this episode, they unpack the breaking news of the FBI raid on John Bolton’s home, the shifting congressional maps in Texas and California, an economic outlook pegged to Federal Reserve policies, Trump’s high-profile involvement in the upcoming World Cup, and a spirited debate about national branding icons gone “woke.” Mixed throughout are lighter discussions about food, sports, and the oddities of marketing in the modern era.
On the Trump-Bolton Relationship:
"He’s like a very quiet person. Except on television, he could say something bad about Trump. He’ll always do that...Not a smart guy." — Donald Trump [13:59]
On Investment Wisdom:
“Be greedy when others are fearful and fearful when others are greedy.” — Clay Travis paraphrasing Warren Buffett [27:38]
On Crime Initiatives:
"Trump is actually showing what Black Lives Matter truly means... he's going out and arresting violent criminals." — Clay Travis [44:49]
On “Woke” Rebranding:
“This is progressives all throughout the culture, they're locusts.” — Buck Sexton [66:25]
Engaged, direct, and playful, balancing deep-dive political analysis with accessible humor. The hosts are self-deprecating, approachable, and adept at finding darkly comic relief even amidst heavy political discourse.