The Steve Hallstrom Show Episode 596: The Touch of Trump and the Truth About Trophies

Steve Hallstrom navigates a "goofy" Wednesday edition of the show, diving deep into the political and economic shifts defining the end of 2025. From local controversies regarding double-digit raises for public officials to the national firestorm surrounding Governor Tim Walz and the Department of Education, Steve pulls no punches. The episode features a comprehensive investment outlook with financial expert Brian Cronk, a fiery debate with Jay Thomas over tax abatements and tribal IDs, and a critical analysis of whether President Trump is "losing his touch" as he prepares for a rare prime-time address to the nation. Key Moments The Walz Resignation Call: Steve breaks down the shocking letter from U.S. Education Secretary Linda McMahon formally calling for Minnesota Governor Tim Walz to resign, citing a "careless lack of oversight" that has allegedly turned the state into a hub for money laundering and welfare fraud. 2026 Investment Outlook: Managing Partner Brian Cronk joins the show to discuss why he believes we are in the "early innings" of a massive bull market driven by AI productivity. They explore the potential for a "shot out of a cannon" start to the new year as taxpayers realize the benefits of retroactive tax cuts on overtime and tips. Clay County Pay Raises: A look at the controversial 14% pay raise approved for Clay County Sheriff Mark Empting. Steve and Jay Thomas clash over whether such significant public sector raises are appropriate at a time when property taxes are "pricing people out of their homes." The "Orchestrated" Minnesota Poll: Steve revisits his skepticism regarding a recent poll suggesting widespread support for an assault weapons ban in rural Minnesota. He exposes flaws in the methodology, including leading questions and the fact that respondents were paid to participate. The Trump Presidency Under Fire: A response to Peggy Noonan’s Wall Street Journal column claiming Trump is losing his touch. Steve argues that while the "sausage making" of policy is messy, the president's base remains firm, even as he faces criticism for his disciplinary style and recent rhetoric. Tribal ID Controversy: Jay Thomas weighs in on the story of a Native American couple refused a liquor purchase because they used a tribal ID, questioning why the transaction was being recorded on a phone and reminding listeners of the long-standing North Dakota statutes.