Good
morning and welcome to the Earl Abrams show.
As always you can join us at 8-5-5.
7524842 this 8557524842 you can text us at that same number.
Good morning
to you.
Cardi.
How you doing, man?
Man, you know, my favorite expression is it's Friday, Friday, Friday, Friday, Friday, man.
I've been waiting for this day all week.
Well, I'm going to ask yourself.
Yeah,
So it's Friday.
That means my co-host Sandy Williams is on board.
Hey, don't I know you?
It's good to see you.
Man, we've got a lot to talk about, but before we get into all those things, the Buck game the other day, I'm at the Buck game, and it's a listless performance, Sandy.
To say that it's listless.
I mean, nothing's happening.
They're down by 24.
There's a hole in the boat.
And for all the world, it just looks like, hey, man, they really had won three or four games in a row, but this was coming to an end.
Yeah.
But
Well, they left first.
did.
Yeah.
He said, I can't take any more of this.
He said,
He said, I can't take any more of this.
You know, he's, he's an eternal book fan, right?
He believes in it.
Oh yeah.
He said, I've had enough of this and I, and I, and I, and I'm looking around.
It's 24 points down.
Well, come on, man.
Why am I, and others started leaving and, uh, by the time I get home, I had some, something happen.
Think
Well, Sandy, let me tell you what it is when they put Porter on the court.
Yeah, when they put What's the what's the the backup shooting guard?
Trent.
Yeah, yeah when they put Kuzma Kuzma and when they put
green out there.
They can get after it.
I mean, defensively, they're quick, they're fast, they're athletic, and they can put pressure on the other team, and that's kind of, they found this now.
Oh, and then Porter, and then Porter's.
Yeah, Bobby Porter.
Yeah,
and then they put
Porter's out there with those other those other four sending this they're short They're quick they're lethal and that's what happened
teams of different types.
I mean, there were there were some team types that they, you know, the Cavaliers, they just couldn't face up against.
But maybe now they can, you know, they've got it.
They've got a different, a whole different kind of play that they can participate in.
Instead of that deliberate half court play, they can do something else.
You know, Sandy, and it's amazing that doing this without being Lilich.
Yeah.
And and and and you kind of see now.
That with Lillert That they're kind of locked into a type of play I'm not saying that they can Lillert should be Jettison or anything.
I'm not nuts But but they can play a different type of up speed up temple Even if he's not there
Yeah.
Yeah, it was to say the least I Enjoy watching them now.
I watched them last night on television.
They were doing the same thing.
They were just They were playing against the team
that has five of its players star players on injured reserve and New Orleans only brought eight players Sandy to the rodeo
and and and the books were struggling with them for two and a half quarters.
They only had eight players and and then the dams broke and
and the books just exploded.
So, you know, they're entertaining to say the least.
And they're, to be quite frank with you, they're healthy at the right time, except for Lillert and Sims going into, Yannis is healthy.
special ed prom, Sandy.
You know, I've got on my voices at the Elder's shirt.
Yeah.
And my guys, which you're a part of, we're going to be over at Washington High School.
We're going to get there around noon.
And we are going to help transform that cafeteria, Sandy, into
I don't know, you probably don't know anything about... Wicked.
Wicked is... Oh,
that's
so yeah.
So we're going to transform the cafeteria to look like Wicked.
And... Well, to
to do is just hang around.
Come on, man.
And so, and so Sandy, I'm thrilled.
You know, every year we do this, having all those young people whose lives, you know, for at least this day, they're normal and nobody looks at them with a generous eye and just seeing all of them together and reunited is like.
So these are all just,
are they so there's not just especially uh children it goes probably probably sandy i'd say maybe eight to forty
for
yes
yes that's fantastic catered catered
catered dinner, um, you know, a dance.
Um, they met Sandy.
It's just the families come.
We have an area where, uh, Sandy, if they didn't have prom dress, their prom dresses there.
Uh, and if they don't have suits, we have suits as a place where they can get suits for the night.
Free of charge there.
Yeah, it's fantastic.
They're women there Sandy who do the makeup Who who do and then they're different kind of jewelry and stuff better.
It's it's a and it's a city-wide And is it what is
No, it's tonight.
tonight Yeah, seven seven o'clock tonight.
I contacted all of the news outlets So it should be prominently displayed on all of the local
news outlets, they'll be there.
Um, and, and so Sandy, you know,
help you just
Yeah.
I'll do that.
Yeah.
And, and it's, it's just a whole theme of it.
And, and many of these props, Sandy have been made by the art instructors and the special ed students themselves.
The art instructors across the district help create.
All of this beauty that you're going to see where we transform the cafeteria and so
federal federal funding That's good.
It's it's all it's all through through donations and Sandy I've been at it for a while.
I remember when I first got involved in it The budget was $500 and they had cookies and Kool-Aid and and I remember saying
to, it's my alma mater, Washington High School is where this is going to be.
Yeah, the per golders.
Yeah.
Let's get it, get it straight, Sandy Williams.
Oh, okay.
The Washington High School per golders.
Per
per
Yeah,
Well, Sandy, per
yeah, I got that.
And so, man, I'll tell you, man, you'll see these young people and these people who haven't seen each other for a year, and they come, and man, they embrace, and they give each other high fives, and they, oh, man, it's good to see you, hey, man, hey, hey!
And nobody's, and they're not sitting in the corners.
as they do with the normal, with the so-called normal people at the normal prom, right?
Because nobody's looking at them with a jaundice eye, Sandy.
They're free, and you see them blossom.
Because, you know, we look at people, Sandy, who are disabled, and we sometimes think because somebody's in a body that's, you know, kind of tormented, that they are not normal people, Sandy,
and that their thoughts and all those kind of things aren't like anybody else's, but they are.
It's my
you know who I
you're right yeah and and you know and and the government funded and and we can't afford to not what it is right yeah but man i look forward to seeing you there but we got a we got business to take care of uh a lot of business it's only been a week sandies a week since the last time we were on the air
And things have happened, man.
Well, actually,
things have happened.
But
8-5-5-7-5-2-48-42.
It's Friday, and the one and only Sandy Williams is back in the saddle again on the Earl Ingram show.
Don't punish me
Welcome back to The Earl Ingram Show.
As always, you can join us at 855-752-4842.
855-752-4842.
Sandakin Years.
Oh, yeah.
So let me ask you.
So Esther Ringling Brothers Barnum and Bailey.
the
worldwide and since, you know, this expression that sort of started before Trump was elected, which was, you know, if you put a clown in the White House, he doesn't become king.
The White House becomes a circus.
And I think that's what we're watching right now is a circus.
And it's not a nice one.
It's not a good one.
But there's definitely a circus.
Well, you know, Sandy, we're going to go a lot of different places.
But all I can ever do is go back to the warnings that that you constantly gave Over the years to me and even over these airways about what could happen if in fact this Donald Trump got an office and and Sandy the What you what you alluded to
It's actually happening.
Okay.
So now it's happening.
What do we do?
I mean Business leaders are calling their senators trying to get their word their their opinions into the White House to try and quiet this this craziness because it's cost
the the the people who have wealth six trillion dollars in wealth in terms of the erosion of value of the stock market but it's much worse than that because it's it's created an environment of uncertainty that you can't dispel by changing your mind because the more you do that the more people realize that it's the whim of this one guy that's
that's regulating the day.
He wakes up on one side of the bed and does something and wakes up on the other side of the bed the next day and does something else.
And when you change your mind repeatedly, you end up with a...
An atmosphere of uncertainty that destroys business confidence about the future and what the future is going to be and it's that confidence about what the future is going to be that is the most important ingredient to businesses making investments business making big decisions.
Normally, when people think that the country is going to have higher tariffs, it strengthens the currency that company and that country.
And yesterday, the value of the dollar fell, which just shows you that the rest of the world and the people who trade in currencies and the people who trade in debt instruments are exceedingly
disappointed with the United States right now and are trying to evacuate from US held securities yesterday the yield on government instruments went up dramatically which means the price went down which meant people were selling them and the people who were selling them undoubtedly included foreign countries who hold foreign debt I mean who hold US debt and so what
what these people are telling us and the thing is about the stock market is maybe there's no one single person in the stock market or the bond market that's brilliant but you take the millions of decisions that are made daily in the stock market and the bond market and those millions of decisions are brilliant because it's the combined judgment of many many people trying to assess what's going on and that assessment.
is very very troubling for the United States.
So Sandy, for the average American, who doesn't have any money in the stock market, who doesn't know, what is this a sign of for them?
Okay, if people with money are horrified and worry, what does that say then for the average American?
Who doesn't understand that language you just use?
But their prognosis for the future gets much cloudier.
These companies that are in this realm of uncertainty are not going to add new jobs to the payroll.
They're not going to make additional investments in their businesses.
Because in order to do those things, they have to be certain that there's going to be a return on the expenditure they make for the new employee, for the investment in the business.
And so things are going to freeze.
And they're going to get stuck where they are.
And when things get stuck where they are, it doesn't stay that way.
They go down.
OK, recessions are built from businesses being stuck in the position of not being able to make decisions about the future.
And so business confidence dropped.
The probability of recession being predicted by all kinds of sage financial predictors has gone way up.
you know, the
we've done so he's done so much damage to the image not just the image but the reputation of the united states from the standpoint of a military alliance as well as being an economic trading partner that people the rest of the world is trying very hard and very quickly to make us as irrelevant as possible and in particular to try and get out of being dollar dependent because this dollar is no longer such a such a
non-volatile thing that can have, in which they can rest great confidence.
It's confidence in the dollar that has been the basis for the dollar as the reserve currency.
You know Sandy, the more you, there were celebrations the day before Donald Trump came on and he said, when he backed down, when he backed down.
Yeah.
And he clearly tried to make it appear as though, you know, well, people were shaky and people weren't willing.
So he listened, Sandy.
He actually listened to somebody because it changed.
It changed for, if only for a short period of time, it made him back off.
So who was he listening to?
And what was he hearing?
consulting advice from a broad panel of wise people.
It's the last person to talk to him.
It's his gut.
It's his instinct.
And that's what's wrong with authoritarian governments.
Does the United States and all of its people want to depend on the whim of one person?
Or would we rather that the policies that are adopted are the result of a great deal of deliberate thought?
Clearly, when he backed off, it wasn't the basis of a lot of deliberate thought.
And the stock market the next day scratched its head and said, you know what?
We're gonna sell
eight five five seven five two forty eight forty two Friday means Friday's my co-host Sandy Williams and you on the Erling room show
Isn't it rich?
Are we a pair?
Me here at last on the ground, you and me there.
Send in the clowns Is it bliss?
Don't you approve?
One who keeps tearing around One who can't move
are.
Welcome back to the early group show.
As always, you can join us at 855-752-4842, Texas.
That's the same number.
That's Frank Sinatra.
The one and only Frank Sinatra.
You know, as Friday, that means Friday's my co-host, Sandy Williams.
You know, Sandy, before we get back to things, Cardi played.
the rest of that first tune all the way through, I'm a sucker for brass in the symphony.
Always have been, always will be, and I didn't, that first tune that you played, to hear it all the way through,
Oh, yeah.
Great music.
And so was his last one.
So Sandy, we're talking about what is on the horizon.
And I was reading some responses from a bunch of MAGA people.
who are still saying if they had to vote for Donald Trump again, they'd vote for him.
They love him.
Everything he's doing is great.
But also notice before we get into all these other things, Sandy, what happened to Elon Musk?
where's he at?
you know the Psychologists there's a there's a thing they deal with called cognitive dissonance and it's and it's the inability of people to back off from a notion they had that Would otherwise suggest that they were foolish so hazing to get into a fraternity if you're hazed in doing all these crazy stupid things in order to enter the fraternity You your mind that makes two decisions either one.
I'm gonna get out of this.
I don't want to do this It's crazy or two.
I'm going to do this because
because joining the fraternity is such an important thing that I'm going to commit myself to it.
And that's the element of cognitive dissonance.
It's like, either I'm a fool or this is a really good idea.
And I think that MAGA people are all going to have to deal with the cognitive dissonance of trying to resolve in their mind what the reality is as compared to just simply trying to avoid a self-admission that would make them uncomfortable.
But I think it's going to happen as people watch what's going on.
And as I said to you before we went on the air, people have talked about and worried about how it is that the Trump administration could become authoritarian.
folks, it is authoritarian right now.
What we're watching happen, calling universities on the carpet for simply being liberal institutions under the guise of suggesting that they that they involve anti-Semitism, threatening to withhold federal funding from them in a manner that would be highly destructive in order for them to then acquiesce to policies that are simply the whim of the president.
bringing the rain of power down on law firms and demanding that these law firms either tow the line and do the kind of law that the president directs them to do.
One of the firms agreed to do $100 million of pro bono work at the instruction of the president.
And a couple of days ago, the president kind of whimsically said, you know, I think I'm going to instruct these law firms to do work on behalf of the coal industry.
What kind of a situation do we have where where the whim of the president can threaten to destroy major businesses?
unless they tow the line and and you know people can say well these these are just law firms well He's he's suggesting to these law firms that he will bar their clients
from being able to do business with the federal government if they don't come in and talk to him and reach an agreement with him of how they should behave going forward.
Yesterday,
He issued an executive order directing the Department of Justice to investigate two people who used to work in his administration whose crime was, one of them wrote a book that was negative about him and the other one appeared in Congress and testified in a manner that suggested that there were problems in the way he was suggesting that there were defects in the vote and that the vote was stolen.
He's directed
the Department of Justice to investigate these people, he's also said that the businesses who employ these people shall be barred from federal work in any fashion.
One of those people works for the University of Pennsylvania, and the other one works for a private business.
I mean, this is the kind of conduct that dictators who we would deride as being strong men of the worst sort would carry out.
This is repression.
So, Sandy, is this just a one-off, meaning once Donald Trump is gone, all things go back to normal?
Or is this a sign of the times?
Because whoever comes up next, if they're a Democrat, and they saw all of this damage that this man did, how can they resist going back and undoing?
Against it to make it clear that you can't operate like this or every incumbent president in the future Will be will be pushed by his party or her party to use all the tools of government that have been demonstrated to be effective and so you know That's what Donald Trump is demonstrating ways in which the tools of government can be used by an executive to to get their way Okay, and and so I think that either the American public says this is not okay
or this is going to be the kind of behavior we're going to see going forward from whoever it is that's in office.
So Sandy, we're talking about Donald Trump.
The Senate passed a budget that included this major tax cut.
And so you and I know you've talked about it all the time at the root of all the things that are being done as this major tax cut.
And so even though they've said from the beginning, we're not going to touch Medicaid.
We're not going to touch Social Security.
Sandy, they have no choice.
If they go through with this, they've got to touch those things, right?
But the budget includes this tax cut, which has a four and a half trillion dollar cost over a decade.
But the president announced that he wants the defense budget to go up by 160 billion dollars to over a trillion dollars.
So that 160 billion is probably going to eat up every dollar of savings and more that the DOGE commission is trying to find in the way of savings.
And so, you know, we've
Not only we're talking about decreasing revenue by much more than the doge savings could accomplish, but we're talking about increasing expenditures, at least in the defense side, by I think a number that is going to exceed any number that is actually
factually going to be saved by this these activities of the Doge committee.
So yeah, what we've got is an administration that is actually announcing and the Republican Party, which is backing the principle of having bigger deficits going forward and growing the national debt at a more rapid base.
You know, Sandy, at the same time, you know, when you when you look at all a tariff.
Terrorists and the impact that that's going to have and I was talking to somebody other well Earl.
That's only That's only China.
You know, he's he's not going to be dealing with anybody else.
It's only China for heaven's sakes
Well, it actually that isn't that isn't the case Paul Krugman had a very good article this morning in the New York Times.
No, he's implemented a 10% International
Tariff on every country that that in that exports to the United States those goods will bury 10 percent tariff born by the American buyers number one So that's in place and there's there's a higher
parrot tariff on aluminum and a whole bunch of the primary parts that go into things.
And so, no, we've got a tariff that if you disregard what he's done to China and you take the average tariff level and apply it across the board, that average tariff level is going to exceed the tariff that was the smooth holly tariff that sank the U.S.
economy in 1931.
So Sandy,
paint a picture.
He
They they they passed this budget they get to four point five trillion dollars over ten years They cut we're going to be facing many say possibly a major recession and possibly epic recession Which is going to impact and affect the average American worker?
They're cutting the safety net Sandy at the same time they're cutting the safety nets
And of course a recession also robs the federal government of revenue which increases the deficit when you you have bigger deficits during recessions than you have during during boom periods And so you know the the prognosis is very very ugly and the notion that they would Decide that what Medicaid ought to be shrunk We ought to we ought to make sure that people who have no money get no medical care or what we're going to reinstate charity hospitals and ask hospitals to to give away
their services as an alternative to the government funding them.
That's a very chaotic kind of a process and an inhumane one, clearly.
But the lack of financial discipline that's being demonstrated by what's going on is
It's unbelievable.
You know, this is this is the furthest thing from the bedrock of a Republican principle.
So for people who so for people who don't know Sandy, I am frightened because as long as I've known you, I've never heard you speak in the manner that you're speaking now.
I've always heard you tempering your conversations on all of these things.
I would always say to you, recessions coming.
Oh, no, no, no, there's not.
Not going to be a recession.
I haven't ever heard you speak in the terms that you're speaking now
Well, you know because I've never seen purposeful conduct that is so clearly designed to destroy the economy as what's going on, but I mean we're watching arson
at work here.
This is not being done in the dark of night.
We're burning down our economy right now as we watch.
And it's a reckless experiment done by people who claim that while this pain in the near term is going to be possibly quite extreme, it's going to be worth it because it's going to change the entire world's economy and change trade in a manner that will bring many jobs back to America.
When the fact is that when you
evaluate those, all of those kind of objectives, and try to test how that could play out.
The odds of it playing out that way are infinitesimally small.
And the fact is that we're watching a reckless experiment with a very, very, very low likelihood of success, and a great deal of pain being experienced, and the pain
unfortunately, is experienced by Tom Dick and Mary, people who have no dog in the fight.
You know, Sandy, hang on, 8-5-5-7-5-2-48-42 is the number.
You know, again, Sandy, as I stated, it's despair is going to be the order of the day.
Regardless of what Trump and his people say,
despair is on the horizon and global despair eight five five seven five two forty eight forty two uh my co-host Sandy Williams and you on the Erlingham show.
Just when I stopped opening doors finally
Making my entrance again with my usual flair Sure
you
As always, you can join us at 855-752-4842.
855-752-4842, Texas.
That's the same number.
That's probably what it means for my co-host, Sandy, the music, Sandy.
Sandy, you're painting this bleak picture.
And everything that I read in here, the rest of the world is worried.
And so this man has come in and upended basically the economy of the world he's attempting.
And as you stated, it's an experiment.
I heard one of them say on Meet the Press, it's an experiment.
Man, what are you talking about, man?
How do you experiment with people's lives?
Well, I mean, the problem is that you would experiment if you thought that the the economy was in such desperate states that you have nothing to lose by making some by essentially breaking it and trying to remake it.
But the problem with that is that the economy wasn't in desperate streets.
When when Donald Trump left the White House in 2020, he announced that he was leaving the strongest economy that had ever existed in the world.
And in 2024, he inherited a
an economy which was even stronger than the one that he left.
And so he himself had described the economy that he inherited as being the best ever.
And yet he's decided and tried to create a strong man out of it, saying it's in such horrible condition that we've got to take a hammer to it and remake it.
And that hammer has so much risk associated with it that the whole world's financial community is holding its nose and is having a great deal of problem with it.
The rest of the world is busily trying to make the United States as irrelevant as possible to it.
And of course, the strength that the American economy has had is that it is extremely relevant to the entire rest of the world.
Our foreign policy power
much of it is based on our largesse.
And Donald Trump has gone to great pains to destroy the notion of American largesse in the international world of international affairs.
And then in the world of international trade, he's basically said he's going to try and balkanize the world and block the people from having involvement in the U.S.
economy.
So he's implemented these across the board 10 percent tariff.
And that tariff is a significant impact.
He's also input special tariffs on aluminum and steel and a bunch of primary products and chips and things that are extremely important.
And China, which is a fundamental part of our supply chain, now has a prohibitive tariff on it.
And these things, there's a notion that the rest of the world is going to want to come and trade and give things up to the United States in exchange for avoiding this temperature.
tariff.
Well, the European Union average tariff on American imported goods is one and a half percent.
They can't get much lower than one and a half percent.
So this notion that there's going to be a Mar-a-Lago Accord and that all these countries are going to come forward and negotiate things and give America victories.
And kiss his backside.
Yeah, it's not gonna happen because they don't have anything to concede to us because they've already established a very fair and level playing field Peter Navarro would claim that the value added tax in in Europe is some kind of a barrier even though it's applied to every
Every automobile, for instance, made within the European Union, as well as the cars imported into the European Union.
They all pay the value added tax.
It's a sales tax paid by the customers.
So, you know, it's all based on fallacy.
This is what happens.
when you have an authoritarian ruler who can issue edicts by executive order, which are not based on sound advice from a knowledgeable counsel, but are simply based on instinct and whim.
So guys, hang on the phone lines.
We're going to come to all of you after the break.
You know, Sandy, in the meantime, when business leaders and others are threatened and they're worried,
What's happening with Donald Trump's business?
How is
Well, I'm confident that Donald Trump's family enterprise put itself into cash several months ago is in a position to bottom feed in the low market.
Undoubtedly, if we did an investigation, my guess is that Eric and Donald Trump have been selling things short for a number of months, so they could profit from a downward spiraling market.
Donald Trump is way too sanguine about a collapsing market to not be profiting from it, okay?
He would be the first to worry if his money was
plummeting.
So it's pretty safe to say he'll come out of this smelling like a rose.
855-752-4842, guys were coming to the phone lines, you know, after the break.
It's Friday, that means Friday's with my co-host Sandy Williams and, all right, man, lots to talk about.
855-752-4842, my co-host Sandy Williams and you on the Erlingham show.
