Latest / Sid & Friends In The Morning / Kelly Loeffler | SBA Administrator Previews Queens Press Conference in Solidarity with NYC Bodega Owners

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Kelly Loeffler | SBA Administrator Previews Queens Press Conference in Solidarity with NYC Bodega Owners · Sid & Friends In The Morning

• 0:00
  Speaker 1: We welcome into our, squeeze into our studio, the former
• 0:04
  Speaker 1: senator from Georgia, who's now head of the Small Business Administration,
• 0:07
  Speaker 1: Kelly Laufer. Good morning, Kelly.
• 0:09
  Speaker 2: Well, good morning. It's always an honor to be with y'all,
• 0:12
  Speaker 2: although I missaid.
• 0:13
  Speaker 3: Yeah, of course.
• 0:14
  Speaker 1: I imagine you were disappointed when you heard he.
• 0:15
  Speaker 2: Wasn't going to be here.
• 0:16
  Speaker 3: Well, not disappointed. It's okay.
• 0:17
  Speaker 2: You can say you're disappointed.
• 0:18
  Speaker 1: That's fine.
• 0:19
  Speaker 2: You know, we love to talk sports together.
• 0:20
  Speaker 3: Right. Yeah, yeah.
• 0:22
  Speaker 1: Georgia football.
• 0:23
  Speaker 2: A little bit of football, a little bit of basketball,
• 0:25
  Speaker 2: some WNBA stuff.
• 0:26
  Speaker 1: What does the team look like? How's Georgia going to
• 0:28
  Speaker 1: do this year?
• 0:28
  Speaker 2: Well, first of all, go Dawgs. Things haven't gotten started yet,
• 0:31
  Speaker 2: but they're heating up. And the Bulldogs are looking great
• 0:34
  Speaker 2: as always. As I said to some of my friends
• 0:37
  Speaker 2: over at University of Texas, welcome to the big leagues.
• 0:40
  Speaker 2: We'll see you in the championship.
• 0:42
  Speaker 1: And does that translate when you're a Georgia fan that
• 0:44
  Speaker 1: you're also an Atlanta Falcons fan or is it not
• 0:47
  Speaker 1: the same thing?
• 0:48
  Speaker 2: It can be the same, but SEC land is Georgia.
• 0:53
  Speaker 4: No, you're not going to replace it. You can play
• 0:56
  Speaker 4: this sort of game all you want. You're not going
• 0:58
  Speaker 4: to replace it.
• 1:00
  Speaker 2: College football is big, but let me say go Falcons
• 1:05
  Speaker 2: because they've made some great changes there, and I'm very excited.
• 1:08
  Speaker 2: They brought in Matt Ryan as the president of football.
• 1:10
  Speaker 2: I think that's someone who knows football, and so we're
• 1:12
  Speaker 2: going to be able to really see some wins as
• 1:15
  Speaker 2: a result of that.
• 1:16
  Speaker 1: How exciting that both seasons are getting underway. Okay, you're
• 1:19
  Speaker 1: going to be in Queens in a short period of
• 1:21
  Speaker 1: time from now when you leave us here and you
• 1:23
  Speaker 1: have a big announcement to make.
• 1:24
  Speaker 5: What is that?
• 1:25
  Speaker 2: Well, we're going to be up in Queens doing a
• 1:28
  Speaker 2: press conference, standing alongside of the bodega owners, local leaders
• 1:32
  Speaker 2: like Councilwoman Palladino, the Chambers of Commerce, standing strong as
• 1:39
  Speaker 2: part of the Trump administration with the small businesses, with
• 1:42
  Speaker 2: the bodegas. that Mondami and his communist comrades are coming after.
• 1:47
  Speaker 2: So you think about 10,000 bodega small grocers across this
• 1:51
  Speaker 2: great city. They're taking them on with a $ 70 million
• 1:55
  Speaker 2: boondoggle to create government-run grocery stores just to show that
• 2:00
  Speaker 2: they really mean business when they say they want to
• 2:01
  Speaker 2: control the means of production and destroy the American dream
• 2:04
  Speaker 2: for working families.
• 2:05
  Speaker 1: And so what does that mean? Because we're right there
• 2:08
  Speaker 1: with you. I mean, this is a disaster for small
• 2:10
  Speaker 1: businesses everywhere. that are the lifeline for so many of
• 2:14
  Speaker 1: these communities. And the first one, I think, is going
• 2:16
  Speaker 1: to go up in Hunts Point in the Bronx. At
• 2:18
  Speaker 1: least that's a thought from Mayor Mamdani. How is this
• 2:21
  Speaker 1: going to stop this, or can it stop it?
• 2:23
  Speaker 4: Yeah.
• 2:23
  Speaker 2: Well, so they've named two boroughs where they've stood up.
• 2:27
  Speaker 2: One example, I think it's in Harlem. They've named the location.
• 2:30
  Speaker 2: There's 15 bodegas in a five block radius around where
• 2:33
  Speaker 2: they've picked out. That's going to cost millions every year
• 2:37
  Speaker 2: to run. And guess who's funding it? The hardworking small
• 2:39
  Speaker 2: business owners that he's trying to put out of business.
• 2:42
  Speaker 2: And you think about we're here in the capital of capitalism,
• 2:45
  Speaker 2: but I would argue it's also the capital of They're
• 2:48
  Speaker 2: going to destroy the culture of our local communities and
• 2:51
  Speaker 2: really the family businesses, generational businesses. And this is the contrast.
• 2:55
  Speaker 2: You look at President Trump standing with working families, passing
• 2:58
  Speaker 2: tax cuts, deregulation. And then you've got a socialist mayor
• 3:04
  Speaker 2: who wants to bring higher taxes, government run everything, government
• 3:08
  Speaker 2: control of your life. And then probably going to put
• 3:10
  Speaker 2: a lot of regulations and tracking on these grocery stores.
• 3:13
  Speaker 2: It's pretty scary. I mean, this is Soviet era stuff.
• 3:15
  Speaker 2: It is.
• 3:15
  Speaker 1: But in the meantime, if these stores get up and running,
• 3:18
  Speaker 1: he's really going to undercut because we're seeing how much
• 3:21
  Speaker 1: he's saying 30% off this, 40% off that.
• 3:22
  Speaker 4: It is doomed to fail. It's going to fail for
• 3:26
  Speaker 4: multiple reasons. Number one, anytime the city gets involved in
• 3:29
  Speaker 4: a project, it's not like John running a store where
• 3:32
  Speaker 4: there's profit. They don't care. They don't watch the costs.
• 3:36
  Speaker 4: They will mess this up, but more so, the areas
• 3:39
  Speaker 4: that they are bringing, the areas that they're bringing these
• 3:44
  Speaker 4: supermarkets to are all impoverished areas. Okay, what ends up happening? Well,
• 3:50
  Speaker 4: when you're going to get something for less or for free...
• 3:53
  Speaker 4: People are going to start standing in line. They're going
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  Speaker 4: to bring their friends in. The thugs are going to
• 3:57
  Speaker 4: come in. As you're walking with your groceries, there's going
• 3:59
  Speaker 4: to be all sorts of violence. Now you're going to
• 4:01
  Speaker 4: have to bring the police in in order to control
• 4:04
  Speaker 4: the violence. I've seen it when I was many years ago.
• 4:06
  Speaker 4: I watched my son do this with sneakers where we
• 4:09
  Speaker 4: would go for a drop. And next thing you know,
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  Speaker 4: you're walking down the street. People were getting beaten up
• 4:14
  Speaker 4: for sneakers. Imagine what's going to happen now. For tomatoes, carrots,
• 4:19
  Speaker 4: and bread, and milk. Anything for free, someone's going to
• 4:22
  Speaker 4: want to take it from you.
• 4:23
  Speaker 2: Well, and you bring up a good point. They act
• 4:26
  Speaker 2: like it's for free, but it comes at great cost.
• 4:29
  Speaker 2: It's going to cost these small businesses their livelihoods. They're
• 4:33
  Speaker 2: not going to be able to rebuild once they're put
• 4:34
  Speaker 2: out of business. And when that government grocery store fails,
• 4:38
  Speaker 2: and it will, they've failed everywhere. Chicago did the same thing,
• 4:41
  Speaker 2: shut them down within a year. When it fails, these
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  Speaker 2: neighborhoods will be left without small bodegas and grocery stores
• 4:48
  Speaker 2: to serve their needs.
• 4:49
  Speaker 1: So what's your message to bodega owners? A lot of
• 4:52
  Speaker 1: them listen to us. What should they do? How should
• 4:55
  Speaker 1: they respond to all this?
• 4:56
  Speaker 2: Well, first of all, the Trump administration stands with them
• 4:58
  Speaker 2: for free enterprise, for free enterprise capitalism that has made
• 5:04
  Speaker 2: this country, this city great. That's why they're here is
• 5:08
  Speaker 2: because they want to live their American dream. So we
• 5:09
  Speaker 2: stand with them. That's why we're cutting taxes and regulation.
• 5:13
  Speaker 2: But we stand against everything that represents stealing that from them.
• 5:18
  Speaker 2: But that's what The DSA's first line in their statement
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  Speaker 2: on their website says they stand against capitalism and they
• 5:27
  Speaker 2: stand against what these bodega owners do every day. They
• 5:29
  Speaker 2: work so hard. Think about putting in 12-hour days to
• 5:33
  Speaker 2: take home one cent on the dollar. That's what that
• 5:35
  Speaker 2: business is. And so we stand with them in free enterprise.
• 5:38
  Speaker 4: What would be your message to Mayor Moran Mandani? regarding
• 5:42
  Speaker 4: this idea? Because I'm with you. I think it's the worst.
• 5:46
  Speaker 4: I think everything so far that he has done, whether
• 5:48
  Speaker 4: it's the rent stabilization problems that he's creating, whether it's
• 5:53
  Speaker 4: these groceries, I think everything he's done so far is
• 5:56
  Speaker 4: designed to destroy New York.
• 5:58
  Speaker 3: There is panic in the real estate industry. And my
• 6:02
  Speaker 3: friend Suzanne Miller says that New Foreign buyers are not
• 6:06
  Speaker 3: buying condos in New York until they find out what
• 6:09
  Speaker 3: the heck is going on.
• 6:10
  Speaker 2: Well, John, you're right. Look at the peer-to-peer tax. It's
• 6:13
  Speaker 2: already gotten a lawsuit. So you look at every step
• 6:16
  Speaker 2: he's taking, it's under fire by lawsuits by citizens of
• 6:19
  Speaker 2: this city. So they're already trying to stop him in court.
• 6:23
  Speaker 2: He's only been in office a short time and has
• 6:25
  Speaker 2: created a great amount of issue, whether it's homeownership, small businesses.
• 6:30
  Speaker 2: The president is very concerned. It's very concerning. And the
• 6:33
  Speaker 2: fact that it's happening here in such a large city,
• 6:36
  Speaker 2: the scale of the disaster could be very significant.
• 6:39
  Speaker 4: Because if you could do it in New York, you
• 6:41
  Speaker 4: could do it anywhere. That's Mamdani and DSA's ideology. If
• 6:45
  Speaker 4: they can cripple New York, they can cripple Idaho.
• 6:49
  Speaker 2: Socialism coming to a city or town near you. And
• 6:53
  Speaker 2: you see that happening. I mean, these DSA candidates that
• 6:56
  Speaker 2: are running on free everything, defund the police, defund the military.
• 7:01
  Speaker 2: it's not a joke. It's happening in New York.
• 7:04
  Speaker 3: Well, I spoke to the president a few days ago,
• 7:06
  Speaker 3: and Washington is finally realizing, are the powers that be,
• 7:12
  Speaker 3: that some of these American citizens that are funneling money
• 7:15
  Speaker 3: into these political campaigns and the socialist campaigns, guess what?
• 7:21
  Speaker 3: They're only conduits of foreign powers.
• 7:26
  Speaker 2: Well, there's certainly that element of, you know, our adversaries
• 7:31
  Speaker 2: want to see us fail. But our founders even said,
• 7:35
  Speaker 2: if we fail, it will be because we fail within.
• 7:37
  Speaker 2: And that's why elections matter. It's why we have to
• 7:40
  Speaker 2: get away from this concept of punishing success, of punishing
• 7:44
  Speaker 2: hard work. And that's what the Trump administration is about.
• 7:47
  Speaker 2: It's rewarding and creating incentives for hard work that builds
• 7:50
  Speaker 2: up this country for the next 250 years so that
• 7:54
  Speaker 2: we're stronger against our adversaries. It's why You see this
• 7:57
  Speaker 2: cabinet all working together. I'm working with the Department of War,
• 8:00
  Speaker 2: Department of Agriculture, to make sure that we build a
• 8:03
  Speaker 2: foundation for the next 250 years so that we can
• 8:06
  Speaker 2: stand against our adversaries, even if they are funneling money
• 8:09
  Speaker 2: into our elections. We'll be stronger. against them.
• 8:11
  Speaker 1: I love that you're having this press conference with Vicky Paladino.
• 8:14
  Speaker 1: Have you met her before?
• 8:15
  Speaker 2: We haven't met in person, but I'm a big fan
• 8:17
  Speaker 2: of her.
• 8:17
  Speaker 4: She's a trip.
• 8:18
  Speaker 1: She's amazing. She will have a lot to say. Hey,
• 8:21
  Speaker 1: you might not be able to get a word in edgewise.
• 8:24
  Speaker 2: Hey, this is her platform. And this is why the
• 8:26
  Speaker 2: Trump administration is here, to stand with hardworking New Yorkers,
• 8:29
  Speaker 2: to let them know we have their backs, that we
• 8:31
  Speaker 2: want to create the conditions for their success, not their
• 8:34
  Speaker 2: demise in the way that the Mondami comrades are doing. And,
• 8:39
  Speaker 2: you know, we'll continue to be their voice.
• 8:41
  Speaker 1: All right, Kelly Loeffler, head of the Small Business Administration.
• 8:44
  Speaker 1: I know you've got to get to this press conference.
• 8:46
  Speaker 1: We're excited to let you get there. So you're there
• 8:48
  Speaker 1: on time. And tell Vicki Paladino we say hello.
• 8:51
  Speaker 2: I will do it.
• 8:51
  Speaker 1: And thanks for coming in this morning.
• 8:52
  Speaker 4: And keep doing what you're doing.
• 8:53
  Speaker 2: Thank you, Michael.
• 8:53
  Speaker 4: Keep doing what you're doing.
• 8:54
  Speaker 3: And thank you for coming on.
• 8:56
  Speaker 2: John, what an honor to be with you.
• 8:57
  Speaker 1: All right, we've got more to come. We still have
• 9:01
  Speaker 1: time left on the show. We've still got another 25
• 9:04
  Speaker 1: minutes to go.
• 9:04
  Speaker 4: Because we still have a lot to talk about.
• 9:06
  Speaker 3: I took video, and you know what I did? I
• 9:08
  Speaker 3: sent it to my wife, Margo. I said, I love
• 9:10
  Speaker 3: that jacket she's wearing.
• 9:11
  Speaker 1: Oh, and maybe she'll get one just like it.
• 9:13
  Speaker 3: That is terrific.
• 9:15
  Speaker 2: Well, that's so kind. Thank you. It does look good.
• 9:18
  Speaker 2: Wore it for you. I told you, John.
• 9:19
  Speaker 1: Thank you.
• 9:21
  Speaker 5: Thanks for listening to Sid and Friends in the Morning.
• 9:25
  Speaker 5: You can hear Sid and Friends in the Morning weekday
• 9:27
  Speaker 5: mornings at 6. If you like the podcast, share it
• 9:30
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• 9:35
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• 9:39
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• 9:46
  Speaker 5: and X. See you next time for a new episode
• 9:48
  Speaker 5: so you never have to wonder.
• 9:50
  Speaker 3: What the heck is going on here?