Friday Wrap-Up with Bob: June 20, 2025 (Transcript)

CLICK HERE TO LISTEN TO BOB BARNEY’S MIDDAY BROADCAST: Friday Wrap-Up with Bob: June 20, 2025

Hello, this is Bob Barney with a Friday wrap-up. It’s Friday, and last Friday, I believe, in June. Didn’t really look at the calendar before I said that, but we want to get into the big news first, and then we’ll talk about the rest of the things happening this week, and what you can plan on the week to come. Well, I guess the big news this day is that I think most people thought, and Mark Halpern, we put up a show a couple mornings ago, yesterday morning, I guess it was, that within 48 hours, Trump was going to bomb out that nuclear power plant, or not, I’m sorry, that nuclear reactor site in Iran, and that just didn’t happen. Trump did balk. He gave a two-week notice.

Doesn’t mean he’s going to last two weeks. It does mean, however, that most of the pundits thought that there was going to be an immediate action by Trump on his part in the Iran situation. Turned out to be wrong, and I’m not saying I’m disagreeing with what Trump’s doing here. Before the United States gets into anything militarily, unlike under the Bushes, or unlike under even Obama, or Bill Clinton, who I guess forgot about when he bombed the baby milk factory back in the 1990s. I think we remember what happened then. When he was having an affair with Monica Lewinsky, and he needed to have the news look somewhere else other than that story, so he bombed this baby milk factory in Iraq. If that was the case or not, I don’t know, but my point is, he did bomb it. If it was a baby milk factory or not, I’m not going to say that’s the truth, you know. These Muslim countries, a lot of them just do nothing but lie under dictatorships, or especially in Iran, under these mullahs. But what I wanted to say is, of course, his detractors are going to call him TACO again. Trump always caves, or whatever it stands for. But I think maybe here he’s doing right.

I have not seen, I have been kind of anti-Trump in many of his economic policies, especially the tariffs, which are destroying the small businesses of America. It’s actually driving manufacturing jobs overseas, as Amazon and a lot of companies, we’ll get into that later in this broadcast, but a lot of companies are moving overseas because of these tariffs, because most companies now have a worldwide presence, and American companies want to compete against other companies around the world to sell into China, to sell into India, to sell into Indonesia, to sell into Europe, or Africa, or the Middle East. It’s not just selling products into America. There’s almost a billion other people out there to sell to, and Americans are being left behind. And this is where, you know, we played a few weeks ago, the Ronald Reagan take on tariffs, and he was 100% accurate. We need to follow Ronald Reagan’s idea on tariffs and not what Trump’s doing. But when it comes to this situation in Iran, I believe him pausing before doing something is quite well thought out on his part. I really do, because here’s the problem. I want to see Iran’s leadership taken out, and I’d love to see Iran brought back to what it was in the 1960s and 70s.We put up a video this week of how just, how incredibly modern and Western Iran was of all the Muslim countries out there. The Shah of Iran was very pro-West, and the women of Iran was able to walk around in miniskirts and bathing suits, and there were bars that you could drink in Iran. There were all kinds of good things going on for, as if you’re a Westerner, and you cared about democracy, and you cared about freedom, and you cared about liberties.

There was a lot more liberty in Iran than there ever has been in Saudi Arabia, even to this day. So I would like to see it overturned like anybody else. But at the same time, you know, Netanyahu has been saying that Iran, it was within weeks or months of making atomic bombs since 1996, and here we are at 2025, and we’re yet to see one being made.And Tulsi Gabbard is in trouble with the Trump administration, it looks like, because she was saying the same thing just two months ago to Congress, that there is no intelligence that she sees that shows that they are anywhere close to building an atomic bomb. Now, is she a nut? Was she wrong, as Trump basically implied at the time? Is her information not good? I don’t know. But she says that, and so we know inside this administration, in the cabinet, that there is some arguments whether to go or not.I understand the MAGA people, the Steve Bannon’s of this world, and the Tucker Carlson’s, do not want to go against Iran for any reason at all. And that personally, I believe it’s because they’re anti-Semites. I do.I believe when you listen to some of these people on the MAGA side saying we should let Iran have an atomic bomb, and that’s what they’re saying, that it would not be any worse than North Korea having an atomic bomb. Well, I got news for you. North Korea is a pretty bad place to be, but it’s not led by a religious nut that is willing to destroy the world for Allah.

And when you have religious fanatics in control of atomic bombs, nobody in the world is safe. And if it turns out that they are within months or even a year or two of having an atomic bomb, not doing anything will have been a mistake. But he’s got plenty of time to take that out. I mean, it’s going to be there. We know where it’s at. Israel’s going to continue to control the airspace of Iran, and so a week from now, two weeks from now, even three weeks from now, we can always take it out. Also, it should be noted that Israel can take it out themselves, not with bunker-busting bombs that we have that could do the job maybe easier. And there is some reports that I’ve seen lately that says maybe our bomb can’t do it because it is so deep underground, and that’s maybe something that Trump also wants to make sure of. But the Israelites are poised to go in there with commandos, and they can, you know, they control the air, they control the ground, they can go in there, and they can set explosives down 300 feet deep, and they can take out the place after they leave and turn it out without them having radiation on themselves, and that may be what’s going to end up happening if Trump decides the United States needs to stay out of it for the sake of the safety of Americans throughout the world and the retaliation of the Mullahs.

But at that, I would say again that I do hope that we are committed to take out this regime. I know we’re not about regime change, but we’re not talking about bringing democracy to Iran. Iran will never be a democracy. Iran will never be a place of Western freedoms. It never was in the 60s or 70s either. It was under a dictatorship. But certain peoples of this world absolutely need dictatorships, and this was a very good case of Iraq, Iran, Libya, Saudi Arabia. These people are not meant to be democracies. These people will vote for things that will bring destruction upon them themselves and upon the heads of every other person living on the planet Earth. We see this when you read the Bible. You read the Old Testament. Even in the nation of Israel, these people sinned constantly. They turned against God. God would save them against an enemy, and two minutes later, they’re worshiping Baal again. These people had, they were like animals, that you, like rattlesnakes that you cannot touch. If you did, they would strike and bite you. They had no sense and no common decency, and that is the problem that you have when you face these nations. And if you do not have a strong man in charge, and I know this is not popular with people who want to see world regime changes everywhere, but these people are not ready for and probably never will be ready for until Jesus Christ returns to even understand what a democracy is, or what freedoms are, or what a republic government, form of government is.

And I’m just telling you right now, I think Trump’s pause was a very smart thing, and I, like I said, I have been against what Trump’s been doing lately, and I’m a, I voted for Trump three times now. Trump did a very good job the first time as president. He had better advisers than he has today. However, I will say, maybe he’s listening to some other people. He started talking about even the deportations of people that it should not be deported, like the people working for the farmers, people working for hotels. We talked about that later or last week, but now he’s reversed turn, reversed himself again on that whole subject, because I think what it means is that the MAGA people keep pulling him back to positions that are just not good for America, and it’s not even good for with Donald Trump. We got to remember about these 2026 elections. But we’re going to take a quick break for some messages about ThePlainTruth.com, so we’re going to take a brief timeout, and we’ll be right back in about 30 seconds. This is Bob Barney for The Plain Truth, and I want to say that’s the one place you go to, ThePlainTruth.com, every day, and you can go to the message board, you can go to the main page and see what the main headlines are of that day.

Of course, you can go to these broadcasts with PlainTruthToday.com as well. You can get there, as well as Your Health Today. That’s ThePlainTruth.com. Go there every day, see what’s going on, what is happening in your life and around the world, and what it means to you, because that’s what this site is all about. God’s hand behind the news. ThePlainTruth.com. Thank you very much. And we’re back again with the Friday wrap-up, and this is Bob Barney, and I wanted to get into some other stories of the week that also are important. One of the things that we got to talk about is this budget deal, because I am certain that the budget deal is going not as smoothly as Donald Trump and a lot of the Republicans wanted it to go, and I think that’s a good thing, because I do not believe that this big, beautiful budget is a very healthy thing for the American economy. First of all, I do not go with the idea of no tax on tips, for example. Why, and I’ve said this before, but I’ll say it in this Friday wrap-up, why should a waitress who probably makes a thousand dollars or more a week in tips, but maybe only a hundred or a hundred and twenty dollars a week in actual income, remember, they’re paid about $3.50 an hour, they’re not paid even minimum wage or a $10 or $12 an hour.

Why should they have 90, 95 percent of their income tax-free, when all the other workers in America, the people who work in manufacturing, the people who work in a store, the people who work at anything you can think of, they’re paying the full tax on what they earn. And so I actually believe that there should not be any idea that waitresses are exempt from tips. I mean, I’m sorry, taxes on tips, because it’s just not fair. Again, it’s the idea of picking winners and losers, and that’s just not what I think this country needs to do right about now. The other thing about the tax bill I do agree with most of the Senate Republicans is this idea that you’re going to be able to exempt your property tax in these high tax states like New York, California, Connecticut. It’s not fair, again, to the states that watch their budgets, keep their taxes low, and those people have to pay into their taxes and their debt that they’re going to be responsible for someday. They’re going to have to pay for giving away money to people who decide to stay in these high tax states. The best thing that you can do to rein in places like California, New York, Connecticut, Michigan, Illinois, is to not give exemptions on property taxes at all. And those people in those states will eventually rebel against mainly the Democrat leadership of that state, and they’re going to demand either lessening of their state income taxes or their property taxes for sure, and or move out of the state into a low tax state.

So many people have left New York because of the same reason and moved to Florida, and they did so to sell their houses at a very good premium for what they bought it for some 45-55 years ago. But on top of that, they just don’t want to pay all the taxes and property taxes that these really tax rich states do. And as long as the government bails these states out by giving exemptions on people’s taxes, it’s just not healthy for the economy, and it’s not fair to those who chose to live in states that don’t tax them to death. It’s just not fair. And that’s again where Donald Trump and associates are playing winners and losers or picking winners and they’re picking losers in the tax game. Should not happen. And I hope the Senate carves out most of that tax relief for the high dollar states, which have nothing but Democrat senators anyway. They’re Democrat politics. You know, one of the reasons people vote Democrat is because they do not understand what they are voting for. They think they’re voting for freebies. Everybody wants a free lunch. But if it came home to roost that they had to pay for that free lunch, they would rebel against those taxes.

It’s just that simple, and I hope someone has the brains to realize that. The deficit at 37 trillion dollars is going to go to 42 trillion dollars. It’s just not sustainable in the future. Maybe we’ve already hit the point of no return. A week ago, I did a show on the idea on what our true debt is, our unfunded liabilities with Social Security, with Medicare, with government pensions, so forth. That is 212 trillion dollars, and there is no way we’re going to get out of that hole without declaring a national bankruptcy, which I am afraid is going to happen. And again, it’s just not fair to the people who are trying to live within their means, being taxed. And worse than just being taxed, these tax cuts are just kicking the can down the road, so that their children and grandchildren are going to be faced with a debt they themselves cannot pay, the country cannot pay, and this country’s economic system will collapse. And we had a few shows on this week that just shows you that many people who understand this economy believe that by this summer, this nation could find itself probably in the worst situation it has ever been since the Great Depression.

And that’s scary, because if people stop buying our debt, because they lose confidence that our government could ever repay that debt, we’re going to be in trouble. I’ve heard a report, I saw a report on both Fox Businesses, hard to believe it was there, but it was, and CNBC, and on the internet, I saw reports that the 20 trillion dollars that the government has to turn over in debt is, they have a hard time doing it, and there’s going to be a day when we’re going to, you know, have to pay the debt off, and try to refund that debt, and somebody is going to say, we’re not going to buy your debt. China’s already bailing out of the debt, Japan is, England is, Europe is, and if you start getting the people, the American citizens, not wanting government debt, because they don’t think the government will repay it, then you’re going to have an absolute crisis in the economic financial shape of America, and we’re going to go down faster than the Titanic when it all happens.

And these things happen, like, all at once. Does anybody have the memory of 2008, for example? Within just a few months, this country’s economic system totally collapsed into a great recession, and that, just two years earlier, most pundits said was not going to happen, but those naysayers out there, who turned out to be right, were predicting it was exactly going to happen. They were giving loans to people on houses that could not afford those loans, they could not afford the payments, and when they, a lot of them had what was called balloon notes, or variable rate, interest rate notes, and so they got a loan, let’s say at three and a quarter percent, but over the course of 10 years, that can be raised up a percent a year, and that all of a sudden was eight, or nine, or ten percent, and that sixteen, seventeen hundred dollar a month mortgage became twenty-five, twenty-six, twenty-seven hundred dollars a month, and they couldn’t make the payments.

They were only making three, or three thousand five hundred dollars a month, and all of a sudden, they couldn’t make their payments, and by the hundreds of thousands, people defaulted on their house payments, and the banks started taking back houses, and that just led even more to the great recession of 2009, 10, 11, 12. Barack Obama’s economic policies surely didn’t help the matter at all, and we found a crash of the Wall Street. Gold was the place to be then.I still think gold is the place to be now, by the way, and silver. You notice silver has really taken off, and nobody’s even reporting this, but just a year and a half ago, you really could buy silver at about twenty-five dollars an ounce, and right now, you’re talking about thirty-seven dollars an ounce, and most people think it’s going to hit forty by the end of the year. If you go from twenty-five to forty percent, I believe that’s like a forty percent increase in the price of silver.So if you had, let’s say, a million dollars in silver, you know, you don’t think much something going from twenty-five dollars to thirty-eight or forty dollars. You don’t see that much money being gained. That’s, you’re talking about one cheap coin, but if you’re holding, let’s say, a million dollars worth of silver, in a year and a half, that million dollars has now returned 1.4, maybe 1.45 million dollars in profits, then you can understand why silver and gold are the place to hide, and hide your money, or hide your assets, when the times are going to turn bad.

And like I said, we played a lot this week, a lot of the YouTube shows that we put up, where people on these economic shows talking about how bad this economy could be in a moment of days, not months, not years, days. It could all start swinging south. People will start selling off bonds, savings accounts will be drained, people will start selling all of their stocks, looking for money, and we could see a collapse like we have not seen since October of 1929, with the Great Crash and the Great Depression that followed. And many, many experts, not these naysayers trying to sell you gold, by the way. There’s a lot of crooks out there that is getting on the bandwagon because they’re trying to sell you gold. That’s not the people I’m talking about. I’m talking about where are the rich people putting their money? And a lot of rich people are putting their money in gold, silver, a few, actually a lot in Bitcoin and other coins, and that’s because the government is going to play winner and loser again, and it looks like they’re going to subsidize and encourage Bitcoin and coins like that. The Trump coin should tell you. Watch where these politicians put their money.

Where do they invest? Is Donald Trump investing in manufacturing in America? No, he’s investing in building hotels in Estonia, in Kuwait, in Saudi Arabia, in Vietnam. And you have to ask your question, why are they investing all of their money in foreign governments? And you’re seeing more and more business, including my own business, trying to do a worldwide trade now. We’re trying to go global, and we just started a new division, Tamco Paint International, a global enterprise. And we’re faced with the facts that we may not be able to do this inside of America. We do have operations that we are partners within Italy, and in Dubai, and in Hong Kong, and some other places. And we’re going to have to now see, if we plan on selling body shop supplies, you know, paint in places like Europe, Eastern Europe, North Africa, the Middle East, Asia, Malaysia, Indonesia, Australia, New Zealand, all of these places, Scandinavia, all of these places are buying tons and tons of paint, but they’re not buying American paint made in America. One of the things they’re doing, like PPG and all the big paint companies out there, they have plants in China, and they have plants in the Middle East, and they have plants in other countries. And what they are doing to escape these tariffs is they’re selling from their locations in China, or in Indonesia, or in the Middle East, or in Europe, to all these other countries. And the only thing they’re selling in America is what they produce in America to avoid tariffs.

But what really, when you look at what they’re doing, is they are just basically writing America off as a market. Now, let’s say, I’m going to use my business because I know it the best. Let’s say, you know, there are 350 million Americans. In China, you’ve gone from less than 70 million cars 20 years ago to 746 million cars today in China. That’s 150 or plus million more cars than people in America. And experts predict that India, for example, which has a billion bicycles and only about, I think, 25, 35, 40 million cars, that in the next 10 to 15 years, they’re going to be buying some 750 million cars. Think about that. So if you were a paint company trying to sell your paint to places that are going to need your paint and pay the money with a good profit, where do you think you’re going to start looking at? You’re going to say, well, maybe I want to get into that Chinese car market. Maybe I want to get into the India car market. Maybe I want to support stocks in those places. We are seeing a constant sell-off of American stock in American corporations. And where is that money flowing to? You just follow the economic news. And that money’s flowing into Eastern European stocks, Western European stocks, Middle Eastern stocks, and Asian stocks. The European stock market has gone up some, what, 20 percent this year, when America’s stock market is stagnant and has actually declined since its high by about, I don’t know, 10, 12 percent. You’re going to see money exiting this country.

And with these tariffs, and if the tax bill doesn’t get through, you’re going to see a fleeing of money out of this country, which is going to help lead to its collapse. This week, we had a lot about the doomsday scenario for America. I don’t want to be a doomsday kind of guy. I want to have a positive, I want a Ronald Reagan-type positive mental attitude. I want to see America become the greatest nation on Earth again. It is not today. I know so many people out there think we’re the greatest nation in the world. We live in poverty compared to the people we send aid to. You realize that? Some of the people that we’re giving foreign aid to live better than the average American citizen working their life away constantly, while people in Europe average three, four months a year vacation. People even in China average at least two months a year vacation. How about America? Many Americans don’t even get more than two weeks’ vacation time. They’re constantly working. They’re like slaves, and they are. They’re slaves to a system that has forgotten about them. Big business is not their friend. Big government is not their friend. God knows big pharma is not their friend, and we have a problem. We have a problem arising, and we got to do something about it.

And if we don’t, we’re in trouble. So that’s the Friday wrap-up, and I want to get into this weekend. I always say we have to follow God, and we have to follow God’s laws, and if we did, this country could turn around. And so we always, on The Plain Truth, on Saturdays, which is the Sabbath day, any search engine will prove that the Sabbath day talked about God in Genesis is the Saturday Sabbath, the Sabbath that the Jews do follow. Not correctly, I will say, but it is the day that God says to keep holy. And The Plain Truth tries to make sure that the Sabbath day is a day of joy. We don’t have any hard news. We never put up what’s going to happen unless there’s a war breaks out, and I think we would have to do that. Sometimes we put that kind of news on the message board, but we try to shy away, especially on the broadcast, on The Plain Truth today.

We do a Sabbath show in the morning at 7 11 a.m on the Sabbath day, on what we would call Saturday. And 7 11 p.m, we have some kind of an entertainment show, an old-time radio show, or someone reading a short story. We never do anything longer, usually if we can help it more than 30 minutes, because we know people’s time is short and they don’t have the attention span to listen to a book being read for three and a half hours on a Saturday night.That’s not going to happen. But I think a lot of people driving in a lot of cars today, you can listen to the internet in the car, and they’re going out to dinner, and it’s a 20-minute drive, and they can put, let’s say they leave their house around 7 11 p.m, and they’re on their way to the restaurant to have a nice meal out and a nice evening on the Saturday night, Sabbath night, and they can listen to a nice short story or a watch if they can in their car, a video, maybe a 1970s, 60s, 80s TV show, a 30-minute show, something entertaining to entertain people, to get their mind off of all the trouble they have throughout the week. That is the purpose of the Sabbath day, is to refresh your spirit and your soul and your body to rest, not exercise, not work out, not work at work, but to stay and rest, read the Bible, get closer to God, because ultimately that is your hope, my friends.

If you don’t get closer to God and God does not get closer to you, there is eternity in front of you. All we can see as mortal human beings is all we can see is what’s happening today and tomorrow and what happened in our very short life. You can be 85 years old, and the one thing I’ve talked to many people in their 80s and even 90s, my mom died at, I think, 91. They think their life went by very quickly, even in 85, 90 years. Your life on this earth is short. Most people don’t live past 75, 76, and a lot of people today are dying younger because of the bad health that they’re in, because of the foods and the drugs and all this other stuff that the big pharma and big food industry is cramming down our throats. And so we need to have a time to realize there is eternity in front of us. It’s in the Bible. God promises us to be resurrected from the dead when we die and to live as gods when we are born again from the grave into spirit. It’s a beautiful message. Nobody teaches it for the most part. Just a few off Seventh-day churches teach a little bit about it, but nobody really says, isn’t it time you kind of focus on a future that’s eternity and not a future that’s maybe 75, 85, 90 years if you’re lucky? Well, that’s what The Plain Truth tries to do.

And we have a nice western short story again, like we did last week. It’s a really good one. I think everybody will enjoy it. And then already we have a 7-Eleven morning show for a.m. 7-Eleven in the morning for Sunday. It’s going to be again about economic stuff. And then we’ll be back here again Monday morning at 7-Eleven.Noontime I should have a show, unless I find something more interesting than me, and at 7-Eleven p.m. Remember, we have shows Monday through Friday, 7-Eleven a.m., Noontime, 12-01, and at 7-Eleven p.m. Very good. I think very interesting shows. Tell your friends about this at plaintruth.com if they don’t want to go to The Plain Truth. And until Monday, when you hear me again…this is Bob Barney.