Thank you, thats very nice of you. Wow, what a nice crowd. I dont know i dont know how to tell you this, but i think your i think your heartburn just set off our smoke detectors. [ laughter ] usually when people come after thanksgiving, theyre a little logey, but you sound good tonight. Thank you for coming. Hope you had a happy thanksgiving. You had your turkey last night. You had your lasagna. Right here. He has lasagna. Trad family is lasagna. Yeah, thats right. You are youre a big eater. Not over, but youre a big guy. Ed, last night, had so much gas that reagan reflagged him and gave him a navy escort home. [ laughter ] [ applause ] [ laughter ] what am i laughing i had a fun thanksgiving, ill be honest. I love that holiday. I gathered all my relatives together, and for laughs, i carved my nephews out of the will. [ laughter ] i hope you dont mind comedy leftovers tonight. I mean, its the day after thanksgiving. Did you now, youre gonna eat turkey for a while, right . Right. Mine w
Homeless compound. [ laughter ] uh, for those of you who dont know what im talking about, let me explain what happened. Martin sheen, a fine actor i dont know martin at all was made an honorary mayor of malibu, california. Just a strictly honorary title. His first pronouncement was he declared malibu a nuclearfree zone and sanctuary for aliens and the homeless and wildlife, wild or tame. [ laughter ] well, i live in malibu. And malibu is for the homeless. Ill tell ya, i didnt have a home when i had to move there. [ laughter ] mayor of malibu, huh . I guess the job didnt have enough stature to land sonny bono. [ laughter ] now i dont really know what sheen had in mind about that, but theyre a little out of touch in malibu. Their idea of the homeless is, in malibu, uh, is when while youre renting out your bel air house. [ laughter ] theyre homeless. [ laughter ] but they, uh malibu opened their hearts today to the homeless. Barbra streisand lives in malibu. Offered to pay their Valet Par
Very you go. Thank you very much. So good to see you. Thats a good one. [inaudible] [inaudible conversations] did she break her arm or something . And told me that she broke her hand or something. Did she have some other things [inaudible] [inaudible] how long are you in town . Three days. Havhave you already seeing sf the Cherry Blossoms . [inaudible] any initials . [inaudible] who is that . [inaudible] i would love to come. Thanks for coming out. Really appreciate it. My favorite 200. How are you [inaudible] that would be a. She definitely wants to get together before she leaves to go home and i told her she ought to talk to you guys. We will find something for her. [inaudible] spell the other one. Daniel. [inaudible] can you imagine to have your whole life open before the public. Running for office i said it took my mind. [inaudible] we will do dinner at your place. [inaudible] lives in santa rosa california. As a College Student today gave me a copy of conscience of the conservativ
The u. S. Economy, which used to be the envy of the world, is in the most serious trouble since the Great Depression. Inflation is rising, while the standard of living is declining. There was tremendous inflation, and not much growth. The country was not in a Great Depression in 1980, but the United States was in the dumps. On wall street, it was cold, gray, wet, and miserable. There was in comfort to be found outside. And for investors, there was not much inside either. The tickers carried almost nothing but bad news. Whoa had come off a terrible decade for investing. People were skeptical of the stock market. It was a very sleepy wall street back then. Most economists expect a serious recession, with at least 2 million more americans losing their jobs. I regret to say were in the worst economic mess since the Great Depression. Literally from the first moments of his presidency on, president reagan let it be known that his top priority is the nations economy. I put a freeze on pending