even though the president was face-to-face with the fed chair today, he says he s still staying hands off. my plan is simple, respect the fed, respect its independence which i will continue to do. even though biden wanted interest rates raised is not an economic cure without its own side effects. put jerome powell in a box. they have to raise interest rates. when they raise interest rates, it makes it harder to buy a home, usually make the stock market go down as we ve seen. and that will affect people s 401(k)s. jerome powell doesn t have a lot of options. republicans say the best option to get inflation under control is to get government spending under control. the white house today is not second guessing any past spending. do you think that any part of inflagrants this year is because of president biden s spending plan or is it all putin s fault? brian just spoke to this. we re at a historic place when it comes to the economy. now we re going to a place where i
all revolving door of justice at its best, and you still have the same players that are causing this on both ends in the d.a. s office and with the criminals, and they know that they are going to get away with it and keep doing it. and selling these goods out on the street is the other side of it too. so when they sell them out on the street and they sell for a nice low price, they have no need to go back into the store, because it is the real deal. so it s a round robin effect on the store and the consumers and that s who really pays the price is the community and the consumers. because it is going to reflect on them eventually. charles: i was shocked to hear $60 billion, 4 billion in california alone, prices goes up, security costs or they move them out of neighborhoods, it s just a no win situation versus society. in any law enforcement official or elected official would let this go on as long as they have. i want you to connect the dots did that what some people say it s a soft c
you re at the threshold. that s happening in new york as well. they know what they can get away with and the petty crimes. it s the quality of life that affects new york the greatest. when you start building on that and the broken window theory again, do it and fine tune it, but quality of life crimes in new york is so essential right now, with the drugs on the street, with the drug addicts shooting up in public view, and everything that s going on. you want to do something with the turnstile jumpers, fine, give them the cards and put their names in the system. they won t put their names in the system because they re in the system and they ll jump the turnstile and get away with it. there s a round robin effect all the time that we need to address and the d.a. should get on board with the new commissioner and with the new mayor and get in tune with them to fight the crime that has to be fought. you need to get the city back because we re still losing it. neil: you re quite right. i see
these attacks are happening in broad daylight. it s this. it s also retail stores on the west coast where people are walking in, walking out with merchandise. they get nothing but a misdemeanor if anybody goes after them. you look at this attack in brooklyn and you wonder what is happen something where is law and order and where is the white house on pushing it? they re nowhere to be found. the sad pause is it s a round-robin effect. when you don t have the d.a. s office backing the cops on on the arrests they do make if they make han arrest because the stores won t call police because the district attorneys have raised the criteria for petty larceny crimes so the criminal goes in with a ccalculator. they go out unchallenged. everybody blames the police. the police cannot get involved
situation like this and trying to really just make it in the economy the way it is right now. ok. all right. paula, going forward, how will this impact you? well, we you know, we need the customers. the jobs will come after the customers. we need the revenue coming in. we need the fear going away. and it s all a round robin effect. and we need the customers and then we could hire the employees. we have struggled keeping the employees that we have. they do an excellent job. i m working a lot more hours so is my business partner. and, you know, we just need to stay focused on the work. i can t even begin to think about all that other stuff. it s not relevant at this time. everything is out of control. all the costs of running a business. you know, the it s a very populous think right now, the president says we re only going