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Armstrong & Getty On Demand

A Pinch of Ringo

Armstrong & Getty On Demand

iHeartPodcasts

Daily News, Society & Culture, News

4.63.5K Ratings

🗓️ 12 November 2021

⏱️ 38 minutes

🧾️ Download transcript

Summary

Hour 2 of A&G features Call of Duty kills, daily payments from your employer, Tom Hank's favorite movies, and racist climate change.

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Transcript

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0:00.0

From the Abraham Lincoln radio studio at the George Washington broadcast center.

0:14.4

The Armstrong and Gettyshow.

0:21.6

Just following up briefly on what we're talking about last hour, Rivey and electric car company,

0:26.0

which is worth now, because it just debuted this week.

0:28.4

I know you've never heard of it.

0:29.9

I've sold 100 some vehicles ever.

0:32.3

There were more significantly more than general motors.

0:36.4

At this point, because of one, the enthusiasm of the green crowd and two, I think smart people

0:44.2

who are betting on the fact that their government is going to intervene so much in the world

0:50.8

of automobiles and outlaw combustion engines at some point and push do so many things,

0:56.2

tax wise and road wise and all kinds of different wise to force people into electric vehicles

1:00.6

that it's a good bet on the future.

1:03.1

But how do you handle, how do you be an investor in a world where this new car company that

1:09.4

has sold 100 some vehicles is worth more than general motors.

1:12.6

It sells 7 8, 12, 12 million a year.

1:15.4

Yeah, I don't know.

1:17.1

It's a combination of the actual promise of a company times speculation, thinking how

1:23.0

many people are going to want to jump on this stock regardless of its real value.

1:26.7

It just off game.

1:27.7

It just scares me though when the government's getting this involved in the market, man,

1:30.8

it just did.

1:31.8

Anyway, well, it's so Lindra times 50,000.

...

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