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Truth in the Barrel

This Week Unfiltered 04.10.25

11 Apr 2025

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Truth In The Barrel UNFILTERED 04.10.25   Amy and Denver give their unfiltered takes on Trump’s tariff retreat. How does this affect farmers and agriculture long term? Can the world financial market trust us again? Later, they discuss President Trump’s weaponization of the FBI for the sole purpose of revenge as he has demanded an investigation into Chris Krubs and Miles Taylor. Last but not least, there are rumblings the United States may be pulling our troops out of Europe.    00:00 Buffalo Trace  02:00 Trump Tariffs v. Farming and Agriculture 16:03 To Those Who Believe Trump Is “Trying”  19:23 Bailouts?  26:48 Retribution : Taylor and Krebs   36:30 Are We Pulling Our Troops?    *This episode was recorded on March 27, 2025, and aired on March 31, 2025.          About Truth in the Barrel:  Amy and Denver are both military veterans, political junkies, and whiskey lovers who sit on opposite sides of the aisle but have one thing in common: they love the United States of America.    Truth in the Barrel was born of Amy & Denver’s commitment to country, the Constitution, and a well-curated collection of the world’s finest bourbon.    Join them weekly for deep dives into timely topics, interviews with recognizable guests, and a dose of call-in fun.    Visit Our Website:  www.TruthintheBarrel.com   Subscribe to Truth in the Barrel: https://www.youtube.com/@TruthIntheBarrel   Spotify:  https://open.spotify.com/show/0JQcSj5mwVyGDJ8DcXwlu9?si=5f2bd1d1b0c64e6f   Apple Podcasts:  https://podcasts.apple.com/us/podcast/truth-in-the-barrel/id1804092329   Instagram, BlueSky, Facebook, TikTok: @TruthintheBarrel  

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Full Episode

4.727 - 31.616 Amy McGrath

Hi, everyone. Welcome to Truth in the Barrel Unfiltered. We have a lot to get through today. I'm Amy McGrath, and I'm here with my co-host, Denver Riggleman, a former Air Force vet, a former congressman from Virginia, and very successful AI business CEO and founder of a multimillion-dollar company. So just thought I would throw that out there. Wow. Happy to be with you today.

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31.636 - 45.878 Amy McGrath

But we do have a ton to get through. And like all of our episodes, we're going to start talking about whiskey and bourbon a little bit. Why? Because it's fun and because we love it. That's why.

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45.898 - 49.92 Denver Riggleman

Well, truth in the barrel, right, Amy? Truth in the barrel. That's right. That's what this is all about.

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50.56 - 78.111 Amy McGrath

And the first episode that we did, Denver, I brought out Buffalo Trace. Why? Because that distillery is right down the road from me. And normally, for our episodes, we're going to do a different whiskey or bourbon every episode. But for this one, we're going to bring in Buffalo Trace yet again. Why? because they are dealing with the double whammy right now.

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79.451 - 108.307 Amy McGrath

The Kentucky River has flooded to extreme levels in Frankfurt, right near where Buffalo Trace Distillery is. They're cresting at 48.2 feet. And what does that mean? It means that the entire distillery is basically underwater. So they're dealing with a lot of stuff right now. And they're also dealing with these tariffs that President Trump is instituting or enacting.

108.887 - 125.698 Amy McGrath

And so that's why I'm drinking Buffalo Trace again, because they need some help right now. They do. And we love them. But Denver, tell us about these tariffs and how they affect the whiskey and bourbon industry.

126.138 - 145.235 Denver Riggleman

It's a cascading effect of brutal, you know, when you're talking about tariffs, taxes, supply chain issues, because all that actually sort of is bundled up in one bad thing that happened to Buffalo Trace. So let's go through everything they're going through. You know, floodwaters. They're losing whiskey. They have insurance, obviously, millions and millions of dollars of insurance.

145.255 - 166.848 Denver Riggleman

Let me just give you an idea. For me, on my distillery, my barrel house, we have about probably $5 million in insurance just in our barrel house. Now, not counting our distillery and all that kind of stuff. Their insurance has to be in the hundreds of millions of dollars, right? And if you look at me, my insurance costs are $24,000 per year just on my barrel house.

166.908 - 188.043 Denver Riggleman

Now, I want you to think about that, people out there. That's just a small craft distillery. So first, Buffalo Trace gets hit with a flood. Um, they've lost, probably lost product. Uh, the insurance is going to be, you know, going through the insurance claim stack. But there's another thing that happened to FEMA, right? As FEMA gets defunded, what happens with any help there?

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