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Episodes Episode #3013 Segments
NewsReaction Politics as Persuasion

Back to episode — Episode 3013 CWSA 11/09/25

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I'm at on this. I'm sort of at I don't think I want to use a name on this one because remember what I said if you don't see a video you have to suspend credibility basically you know it doesn't mean it's false but it doesn't mean it's true so my minimum for the pipe bomb video to be credible to Scott not to you just to me this would be my personal standard I would have to see a video of the allege…

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ike, "Well, he swears a lot." And they're even talking about it. The Republicans are actually laughing at it. Yeah. Yeah. And that makes him look like a fighter. Yeah, it must be the swearing. It's the swearing, right?

So they keep coming up with these absolutely crazy hypotheses about why the Republicans are winning. Like one of them is that all they have to do is get their own Joe Rogan. That might be the funniest one they ever did because it just broadcasts such a lack of understanding about how anything in the world works. No, you can't just make a Joe Rogan. Nobody can make a Joe Rogan. His mother had enough trouble doing it. And it's only been done once. Only once. Anyway, when I say his mother, I mean she gave birth to him.

So yeah. So Chris Murphy thinks that would be an advantage to keep the government shut. Maybe. And the funny thing is I can't really rule it out because it depends as much on how the news handles it. If the news handled it the way they're handling it now, CNN has been pretty hard on the Democrats. Does that work for them? If CNN is essentially blaming you, which they are, does that work for Democrats? Feels like they're just not reading the room. You know, we always say Trump's the best at reading the room. Boy, is he. He's just the best at reading the room.

And I guess the majority leader, John Thune. And by the way, John Thune is named after the sound that a blow dart makes in the jungle. Sorry. Anyway, he told reporters on Saturday that senators will remain in session. They're going to stay open and they don't get to pretend they're working and collecting their paycheck unless we get some government. Give us some government, you bastards. All right, that's probably good politics to make it look like the Republicans are there the whole time and they're not going to be lazy and if the Democrats agree, they can sign it tomorrow. So it's a good look. I'll say that.

Meanwhile, over in the world of Fannie and Freddie, how many of you have any idea what Fannie Mae and Freddie Mac are? Like if somebody brought that up in a conversation over dinner, would you have any idea what that was? For me, the most important part about it is that Bill Pulte is in charge of both of them. He's the government head administrator or I don't know what the actual terms are in this case, but you put Bill Pulte into any business situation and things start getting better and that's actually what's happening right now.

So one of the things they're looking at is considering legalizing, I guess it would be legalizing it. This must be illegal right now. But they're talking about a 50-year mortgage option. Now what you should know is that the longer the loan, the more interest you're going to pay, right? So everybody understands that just because you make it a 50-year loan, yes, the price per payment can go down quite a bit and allow people into the market. But when you're done, you might pay triple. You might pay triple the interest because it's 50 years instead of 30. It's a big difference. But on any given payment day, it would be cheaper.

So I would say this is if you're talking to your friends about it, here's the one thing you need to know to be the smartest person in the room. Okay, smartest person in the room. Here it comes. It depends on your situation. So there could be some people who, for example, know they have a kind of job that they're doing okay at the moment, but they know that they'll do way better in the future because it's just one of those jobs. You know, maybe they're becoming a gynecologist or something. They know that as they build up the practice, they'll have a lot more income in the future. If you knew that, then you might say, "All right, I'll get the 50-year mortgage because then I can get into a house I like as soon as possible, and then when my income zooms up, and it might be 10 years, but eventually it goes up, then I can just refinance and bring it down by win." So you can have both a long-te

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rm mortgage on day one, so it's cheap in your payments, but as soon as you make more money, if you do, you don't have to, but if you did, you could pay it down so you get everything. So that would be one example, but how many people can know for sure that they're going to make a lot more money later compared to how much they're making now? That's a little iffy. So everybody's got to manage their…

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