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The Ron Verb Show - 4pm Hour - Wednesday, 07/22/26 · Ron Verb

• 0:00
  Speaker 1: Now, Ron Verb on NewsRadio 570 WKBN.
• 0:05
  Speaker 2: Well, it's 4.06 in the afternoon. Ron Verb, your fearless
• 0:08
  Speaker 2: leader here on July 22nd, 70 degrees. Just a beautiful,
• 0:12
  Speaker 2: perfect day out there today. Nice to be with you
• 0:14
  Speaker 2: here this afternoon from the Kingdom of Mahoning, and you're
• 0:17
  Speaker 2: on the air.
• 0:17
  Speaker 3: Well, good afternoon, Ronaldo. I want to give you an eye-to-eye, Captain,
• 0:21
  Speaker 3: on the Strategic Oil Reserve. When did you bring that
• 0:24
  Speaker 3: up last week? Five, six, seven days ago?
• 0:26
  Speaker 2: Oh, or so, yeah.
• 0:29
  Speaker 3: Yeah, somewhere in that neighborhood. In the meantime, that's the
• 0:32
  Speaker 3: 30-year low. And as far as I know, they're still
• 0:35
  Speaker 3: taking millions of barrels out there every day since you
• 0:39
  Speaker 3: brought it up. So we're past that 30-year low right now.
• 0:43
  Speaker 3: Some statistics on that from the latest ones that I saw,
• 0:46
  Speaker 3: there are approximately 340 million barrels in the strategic oil reserve.
• 0:51
  Speaker 3: That's the most recent. In 2026, March, President Trump ordered
• 0:56
  Speaker 3: the release of 172 million barrels. That's before that other figure.
• 1:02
  Speaker 3: You know, to keep the oil prices lower, artificially lower,
• 1:05
  Speaker 3: a shell game, in my opinion. Oil prices would be 13,
• 1:09
  Speaker 3: gasoline would be either 13 to 20 cents higher without
• 1:14
  Speaker 3: that slight of hand move. How long can that go on,
• 1:18
  Speaker 3: taken from the Strategic Oil Reserve? Millions and millions of
• 1:21
  Speaker 3: gallons a day. How low does it get? You know,
• 1:24
  Speaker 3: those are things that people want to, there's a cost
• 1:28
  Speaker 3: to this war, and I understand everyone says go, go, go,
• 1:32
  Speaker 3: but all the ramifications. Now, that oil has to be
• 1:36
  Speaker 3: bought back if you want to get up to 50, 70, 80, 100,
• 1:40
  Speaker 3: who knows what. When it's time to buy the oil
• 1:43
  Speaker 3: to replace it, is it going to be cheaper or
• 1:46
  Speaker 3: is it going to be more expensive per barrel? I'm
• 1:48
  Speaker 3: guessing it's going to be more expensive by a lot.
• 1:54
  Speaker 2: It's really hard to say, but the reality is we
• 1:59
  Speaker 2: keep tapping into it. China has lowered its demand for oil.
• 2:04
  Speaker 2: They've changed some things, I guess, in China, and they
• 2:06
  Speaker 2: tapped into their strategic oil reserves, as we have done here.
• 2:10
  Speaker 2: So the prices that you're seeing are supplemented, I guess,
• 2:15
  Speaker 2: by these reserves. Well, what happens when you reach these
• 2:18
  Speaker 2: low points when you can't tap into it anymore? And
• 2:21
  Speaker 2: you get to the real price of where oil is
• 2:24
  Speaker 2: as a result of this mess. I mean, that's what
• 2:28
  Speaker 2: I'm concerned about. I mean, I don't see a good
• 2:31
  Speaker 2: way out of this. This idea is... And listen, I
• 2:34
  Speaker 2: hope I'm wrong. This idea that we would just continue
• 2:37
  Speaker 2: to bomb them and do the same thing and expect
• 2:39
  Speaker 2: different results, well, I hope it works and it brings
• 2:43
  Speaker 2: them to sign some type of an agreement and this
• 2:45
  Speaker 2: thing will be over and this trade will be open. But...
• 2:50
  Speaker 2: Why hasn't that happened yet? Because we've been bombing the
• 2:53
  Speaker 2: living hell out of them all along, right?
• 2:55
  Speaker 4: Right.
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  Speaker 3: And by the way, we're going to need a 37
• 2:59
  Speaker 3: billion more for the military or 40 or whatever it
• 3:02
  Speaker 3: is in addition. That's all on their credit card. And
• 3:05
  Speaker 3: for you folks that are always waiting for a balanced
• 3:08
  Speaker 3: budget or against the deficit, keep that in mind also.
• 3:12
  Speaker 3: You know what, Ron? I think one of the big
• 3:14
  Speaker 3: problems with President Trump who I agree with on a
• 3:17
  Speaker 3: lot of things. And by the way, other presidents have
• 3:19
  Speaker 3: released oil, too, so it's just not him. But he
• 3:22
  Speaker 3: is particular to having yes men around and draining the swamp. Well,
• 3:27
  Speaker 3: sometimes you have somebody in the swamp that knows these
• 3:30
  Speaker 3: issues inside, not Iran, Iraq. They've spent their whole life
• 3:34
  Speaker 3: in the State Department or elsewhere studying the culture, the people,
• 3:39
  Speaker 3: how to handle them. And he has a lot of yes-men.
• 3:42
  Speaker 3: Do you think anyone told him, Mr. President, this is
• 3:45
  Speaker 3: a bad idea? If they did, they were thrown out
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  Speaker 3: of that Oval Office real fast, I'm guessing. So that's
• 3:52
  Speaker 3: what we have. And he didn't take, you know, it's
• 3:55
  Speaker 3: not always that you want to have a yes-man. You
• 3:57
  Speaker 3: want to have somebody to tell you the opposite. No,
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  Speaker 3: this is a bad idea. It's not going to work out.
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  Speaker 3: And I don't think Jared Kushner is that person. I
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  Speaker 3: don't think he spent his entire young life studying issues
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  Speaker 3: of Iran, Iraq, and the Middle East, so forth and
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  Speaker 3: so on. So I think President Trump brought that on himself,
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  Speaker 3: a lot of it, because he has yes-men, and no
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  Speaker 3: one told him, no, this is a bad idea. He
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  Speaker 3: doesn't like to hear no too much.
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  Speaker 2: I would, I listen, I would agree with that. As
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  Speaker 2: I say, I voted for him. I wouldn't vote for
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  Speaker 2: Kamala Harris or anything, but this was, this was a
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  Speaker 2: bad move from the very beginning. So do you stay
• 4:31
  Speaker 2: the course knowing that it's a bad move? I mean,
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  Speaker 2: I'll say it again. I think he was snookered into
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  Speaker 2: this by Netanyahu and Israel. I think he thought this
• 4:40
  Speaker 2: would be easy and over with already. None of that
• 4:42
  Speaker 2: has been true. And, uh, they continue to say, well,
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  Speaker 2: we'll just do this now, and this should bring them
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  Speaker 2: to their knees. And what if that doesn't work? Then
• 4:53
  Speaker 2: what are you going to do next?
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  Speaker 3: And let's not forget about Ukraine. We're using so many
• 4:59
  Speaker 3: of our weapons there. Between there and over in the
• 5:02
  Speaker 3: Middle East, you know, the stockpiles of weapons are going
• 5:05
  Speaker 3: down and down and down. He was going to have
• 5:07
  Speaker 3: Ukraine fixed in, I think, a month is what he
• 5:10
  Speaker 3: said at that time. Like you say, I agree, but
• 5:14
  Speaker 3: he's got himself in a real jam, a real fix-up.
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  Speaker 3: Two main reasons. I think it wasn't well planned out,
• 5:21
  Speaker 3: didn't understand the culture, didn't understand the people. And here
• 5:25
  Speaker 3: we go, five months later, a billion dollars a day
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  Speaker 3: for the war, straight into Hormuz. Nothing's better. Everything is
• 5:33
  Speaker 3: worse at this time. And Ron, if the war is
• 5:37
  Speaker 3: over today or tomorrow, which it will not be, Do
• 5:40
  Speaker 3: you think oil is going to flow and prices are
• 5:42
  Speaker 3: going to come down after everything's been bombed to smithereens?
• 5:45
  Speaker 3: How about the infrastructure? Everything has to be built straight
• 5:48
  Speaker 3: away when it's open. Do you think that's going to
• 5:50
  Speaker 3: happen the first day that the war is over?
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  Speaker 2: I think it takes time. I think it takes time.
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  Speaker 2: All right, Ron, I.
• 6:00
  Speaker 3: Want to give you an eye on that. Captain on
• 6:03
  Speaker 3: that strategic oil reserve. Remember, people, I would like to
• 6:07
  Speaker 3: see us win and get out also, but the price
• 6:09
  Speaker 3: you're paying is very, very steep.
• 6:12
  Speaker 2: Yes, I mean, see, there's a problem. And who knows
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  Speaker 2: where you're heading with this. I mean, it's... I have an.
• 6:21
  Speaker 3: Idea that unless you go in with ground... I mean,
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  Speaker 3: I don't know any war that's been won, maybe smaller
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  Speaker 3: skirmishes by bombing only... But, yeah, I hope they don't
• 6:32
  Speaker 3: put ground troops in. But, yeah, it's not working so far.
• 6:35
  Speaker 3: How's that bombing working out for you so.
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  Speaker 4: Far, you know?
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  Speaker 2: Not so good.
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  Speaker 3: All right, Ron, thanks.
• 6:40
  Speaker 2: Thank you. News Radio 570, WKBN 413 on a Wednesday afternoon.
• 6:45
  Speaker 2: Gorgeous day. It's 69 degrees. Boy, it's getting chilly out there.
• 6:49
  Speaker 2: You're on the air.
• 6:51
  Speaker 4: I don't know why you guys are talking so bad
• 6:53
  Speaker 4: about Trump. Listen, I told you guys that I've got
• 6:57
  Speaker 4: my table, you know, I put wearing a new pair
• 7:00
  Speaker 4: of sunglasses. So I'm seeing things differently. He's treating Trump.
• 7:05
  Speaker 4: You're not giving him a chance. Wait a minute, folks.
• 7:11
  Speaker 2: Wait a second, folks. J.J. the liberal had some type
• 7:15
  Speaker 2: of medical treatments, and now he's J.J. the Trumpster. So
• 7:21
  Speaker 2: you're calling me J.J. the Trumpster saying you're upset that
• 7:24
  Speaker 2: we haven't given him a chance? I want to make
• 7:26
  Speaker 2: sure I understand.
• 7:26
  Speaker 4: I just want you guys to hear what you guys
• 7:29
  Speaker 4: sound like. We've got to give them a chance. You
• 7:33
  Speaker 4: knew this back in 06 or 08 or something. You
• 7:37
  Speaker 4: knew this was going to happen. We've got to give
• 7:38
  Speaker 4: them some time. That's what it is. You guys have
• 7:41
  Speaker 4: got to give them some time. You guys are being crazy.
• 7:43
  Speaker 4: You guys are probably the ones who think that men
• 7:45
  Speaker 4: can have babies. You're the ones that probably think that
• 7:48
  Speaker 4: you can go into the men's room and you've got
• 7:49
  Speaker 4: a tampon available. I want you guys to hear it
• 7:52
  Speaker 4: from your voice. This is what it has done to me,
• 7:57
  Speaker 4: that little procedure that I had to take, Ron. This
• 7:59
  Speaker 4: is what it did to me. And not only I
• 8:01
  Speaker 4: don't see my side, I'm thinking how you guys do.
• 8:05
  Speaker 4: And that's, you know, that's pretty damn scary right now.
• 8:08
  Speaker 4: I mean, we do know, and I think you do know, Ron,
• 8:11
  Speaker 4: is that you hear it in your voice. Do you
• 8:12
  Speaker 4: know that this is not good, right?
• 8:15
  Speaker 2: I think it's a disaster.
• 8:16
  Speaker 4: I mean, everybody talks about them coming to Obama. You're
• 8:18
  Speaker 4: not going to do that. But do you know that economically?
• 8:21
  Speaker 2: Economically, yes. It's a disaster.
• 8:23
  Speaker 4: There have been so many professors, so many people that
• 8:25
  Speaker 4: are writing, so many military people that said, that's what
• 8:28
  Speaker 4: you do. You don't go fist on fist anymore because
• 8:32
  Speaker 4: it's not going to work. Too much money, too many deaths.
• 8:35
  Speaker 4: It's going to be misleading people to say thinking that
• 8:38
  Speaker 4: our elections are rigged. When he won in 2020 or
• 8:42
  Speaker 4: he lost in 2020, it was a rigged election. But
• 8:44
  Speaker 4: 2016 and 2024, I didn't hear a peep. So if
• 8:48
  Speaker 4: we rigged that election in 2020, why didn't we rig
• 8:51
  Speaker 4: it in 2024? You guys understand where can you can
• 8:55
  Speaker 4: you grasp what I just said? If we did it
• 8:59
  Speaker 4: in 2020, and we knew that he was going to
• 9:00
  Speaker 4: get in office in 2024, you're damn right I'm going
• 9:03
  Speaker 4: to rig the election if I worked in it. I
• 9:05
  Speaker 4: did it before. Why didn't I do it then? Because
• 9:08
  Speaker 4: we're not rigging the elections. I'm really worried about it
• 9:12
  Speaker 4: because he's not representing any of us. I told you
• 9:14
  Speaker 4: months before, Ron, that you can still support somebody, but
• 9:19
  Speaker 4: you have to give me credit. Ted's always asking about credit.
• 9:22
  Speaker 4: I do this, I do that. I'm the one that
• 9:23
  Speaker 4: told you that you can still support somebody, but say
• 9:26
  Speaker 4: this is wrong. You took my lead. I'm taking ownership
• 9:31
  Speaker 4: of that one. And I appreciate that, and I respect
• 9:33
  Speaker 4: you for that, because I've taken a lead on you. But, Jesus,
• 9:38
  Speaker 4: she must be doing terrific. We've got to give her
• 9:41
  Speaker 4: a little bit more time, whoever it is. We're only
• 9:43
  Speaker 4: down 38-18 at halftime. That's not thinking properly, because either
• 9:47
  Speaker 4: you guys are making a crap load of money, and
• 9:50
  Speaker 4: I'm on the outside looking in because I'm a Democrat
• 9:53
  Speaker 4: or whatever, but this is not good. He doesn't know
• 9:57
  Speaker 4: He has no. And I told you before, too, he
• 9:59
  Speaker 4: had no. After he bought them, he did not have
• 10:01
  Speaker 4: any plans B, plan C, plan D. I mean, come on.
• 10:05
  Speaker 4: I mean, either he's part of this problem or he's
• 10:10
  Speaker 4: in on it. Because it doesn't seem to bother him.
• 10:13
  Speaker 4: Do you know that there was that outbreak of that lettuce, Ron?
• 10:16
  Speaker 4: That was a person who owns a company that gave
• 10:19
  Speaker 4: Trump a million dollars the last election. And Elon Musk
• 10:23
  Speaker 4: and them lowered the regulations on checking that type of stuff,
• 10:27
  Speaker 4: the vegetables and everything. The public says we're getting better fish. Okay,
• 10:30
  Speaker 4: do you ever get sick on fish?
• 10:32
  Speaker 2: I want to make sure I get this straight, JJ.
• 10:34
  Speaker 2: You're saying that the explosive diarrhea that people are suffering
• 10:39
  Speaker 2: is because of Trump?
• 10:44
  Speaker 4: It's the fault of a person who knows Trump that got...
• 10:48
  Speaker 4: He didn't have to follow the regulations, so therefore..
• 10:51
  Speaker 2: Wait a minute.
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  Speaker 5: I thought..
• 10:52
  Speaker 2: It happens to a lot.
• 10:53
  Speaker 4: Of other Democrat politicians, but listen, President, this is... You
• 11:00
  Speaker 4: guys always complain about Clinton making money or Obama making
• 11:03
  Speaker 4: money after they get out. How did they do it? One,
• 11:07
  Speaker 4: they do $ 100, 000 lectures. They write books. But I don't
• 11:09
  Speaker 4: know anybody that's gotten a billion dollars. I would be
• 11:13
  Speaker 4: a fool to go, wait a second. If my dad,
• 11:16
  Speaker 4: the person I respected and loved probably other than my
• 11:18
  Speaker 4: wife and my son, more than anything I respected him,
• 11:20
  Speaker 4: if he even did this, I would be, hey, Pops, man,
• 11:23
  Speaker 4: what's going on with you? Because I've got to stop you.
• 11:25
  Speaker 4: You're killing people. I appreciate you guys being, you know,
• 11:29
  Speaker 4: supporting him. That gives you guys some... I even sent
• 11:32
  Speaker 4: it to our jujitsu or whatever his name is, Vladimir,
• 11:35
  Speaker 4: the other day. But I respect Bubba Ganoush more than
• 11:37
  Speaker 4: him because Bubba Ganoush is really genuine. He's way off,
• 11:40
  Speaker 4: but he's a genuine. I can give him at least
• 11:42
  Speaker 4: kudos there. That guy, he is. But RGTQ, he's going
• 11:46
  Speaker 4: smoke up our rear ends.
• 11:48
  Speaker 2: Wait a minute.
• 11:50
  Speaker 4: When you challenged him, you were so cool. You challenged
• 11:52
  Speaker 4: him a couple times. He was like, he sounded like me.
• 11:56
  Speaker 2: But wait a second. His name isn't R2-D2. It's G2.
• 12:00
  Speaker 2: It's R2-D2. No, it's G2. It's G2, and you're being
• 12:09
  Speaker 2: disrespectful when you call him Vladimir.
• 12:12
  Speaker 4: Well, that's good. But by him implying, and you guys say, oh,
• 12:17
  Speaker 4: I'm so sensitive, by implying that the person I voted
• 12:20
  Speaker 4: for is permitting people to rape children and murder children,
• 12:24
  Speaker 4: I think I have the opportunity and the right to
• 12:26
  Speaker 4: call you Vladimir. And that's being nice. Quite frankly, you
• 12:31
  Speaker 4: guys have stayed near enough that, you know, been threatened
• 12:34
  Speaker 4: by people. Come on, man. I've still come back and
• 12:38
  Speaker 4: still tried to deal with you guys. And if I
• 12:40
  Speaker 4: can say that, when I go to my grave, at
• 12:41
  Speaker 4: least I can say I fought for everything. That I
• 12:44
  Speaker 4: didn't roll over like my wife wants me to. Oh,
• 12:46
  Speaker 4: we're worried about our son and me. They're going to
• 12:48
  Speaker 4: hurt us. I told them if the first person gets
• 12:50
  Speaker 4: on our porch that I don't know is half of
• 12:51
  Speaker 4: them is going to be across the street. I'm not
• 12:54
  Speaker 4: worried about that anymore. But I'm worried about it all
• 12:57
  Speaker 4: taking you, Ron. I'm actually worried that you're going to
• 13:00
  Speaker 4: hurt Baba Ganoush. But it's us. It's me, the Democrat.
• 13:04
  Speaker 4: It's the lunatic. If I'm the lunatic, then I'm the lunatic.
• 13:10
  Speaker 4: It's getting old now. I mean, you're calling people stupid.
• 13:14
  Speaker 4: He didn't want anything to do with Spain, but he
• 13:16
  Speaker 4: stood up to when Spain was getting their time in
• 13:19
  Speaker 4: the sun. And what did he do? He had to
• 13:20
  Speaker 4: stand up there. Get in the photographs. My God, talk
• 13:26
  Speaker 4: about a narcissistic individual. Come on, man. There was things
• 13:31
  Speaker 4: he was starting to do right. I agree with you.
• 13:33
  Speaker 4: But did he bear up because there's either something going
• 13:36
  Speaker 4: on and he's a war criminal, Ron. I don't care
• 13:39
  Speaker 4: what anybody was saying. He's a war criminal. I don't
• 13:42
  Speaker 4: like the Hamas, I don't like those, but he's doing
• 13:44
  Speaker 4: the exact thing that Trump wants to do by taking
• 13:47
  Speaker 4: out their infrastructure. People will not be able to drink water.
• 13:51
  Speaker 4: People will die. You might as well go over and
• 13:53
  Speaker 4: shoot them, like Nick wants to do. My God, they
• 13:57
  Speaker 4: have a right to live, too. And Papa Ganoushi says
• 14:00
  Speaker 4: all the time how they don't have to honor agreements. Bull!
• 14:03
  Speaker 4: He said he read the Quran, then he must have
• 14:05
  Speaker 4: read it upside down. Because it says that they have
• 14:08
  Speaker 4: to honor agreements, especially with people of other faiths, because
• 14:11
  Speaker 4: it does a disrespect to them. Why would they do that?
• 14:15
  Speaker 4: And the only reason why they're bombing again and they're
• 14:17
  Speaker 4: breaking the rules is because as soon as Israel finds
• 14:19
  Speaker 4: out about it, they bomb Lebanon. And that's part of
• 14:21
  Speaker 4: the contingency there. If you don't bomb Lebanon, that's where
• 14:24
  Speaker 4: we're dealing with the little things that we're fighting over
• 14:25
  Speaker 4: this deal. Whenever I hear the word deal, it's like
• 14:30
  Speaker 4: nails on a chalkboard. Because if you had a deal
• 14:32
  Speaker 4: and you were this great person, we would have made
• 14:34
  Speaker 4: that deal by now. And if not, then you're killing
• 14:38
  Speaker 4: people that have been around before we ever existed. Our
• 14:41
  Speaker 4: own ancestors existed. It's, quite frankly, beyond me. We don't
• 14:45
  Speaker 4: have the right to do that. We have the right
• 14:48
  Speaker 4: to have our freedoms and our liberties and to be
• 14:49
  Speaker 4: able to speak our peace and speak it. But we
• 14:52
  Speaker 4: have the right to have our government that we can
• 14:54
  Speaker 4: trust them at least a little bit. And quite frankly,
• 14:58
  Speaker 4: I would rather deal with a rattlesnake. A couple rattlesnakes
• 15:02
  Speaker 4: seem to deal with what's going on now. One, I
• 15:05
  Speaker 4: don't talk about my son very much, but, you know,
• 15:06
  Speaker 4: he eliminated any type of assistance toward people that have autism.
• 15:11
  Speaker 4: My son's already on the real bad.
• 15:12
  Speaker 5: We come around to find out about.
• 15:14
  Speaker 4: This kind of stuff. And it's just that I don't
• 15:16
  Speaker 4: want any pity party or anything. But listen, those are
• 15:18
  Speaker 4: things that are given to us that we tell my son.
• 15:21
  Speaker 4: Stand by.
• 15:21
  Speaker 2: Stand by. Well, listen to this.
• 15:27
  Speaker 5: The recent news, weather and talk station 570 WKBN.
• 15:30
  Speaker 2: All right. Are you done?
• 15:35
  Speaker 4: I'm sorry, Rob, but that's the point. Listen, I don't
• 15:38
  Speaker 4: want anything. I take care of my family. I don't
• 15:41
  Speaker 4: ask for anything. You know, it's just to take it
• 15:45
  Speaker 4: away from people. You guys want people to have, you
• 15:47
  Speaker 4: want our society to be good people, people that are,
• 15:50
  Speaker 4: you know, they honor our liberties and they treat everybody
• 15:53
  Speaker 4: with respect. And RFK said, and you know that he
• 15:56
  Speaker 4: said it, look it up. He said people like my
• 15:58
  Speaker 4: son will never be able to play baseball, will never
• 16:01
  Speaker 4: be able to take their own bath, will never be
• 16:03
  Speaker 4: able to wipe themselves, will never be able to fall
• 16:04
  Speaker 4: in love. Do you know how crappy that is? Why
• 16:08
  Speaker 4: do you think he's our health person and you're not
• 16:10
  Speaker 4: going to help my son? You think he's some kind
• 16:13
  Speaker 4: of vegetable. Well, he's not. I don't want anybody to
• 16:17
  Speaker 4: be pitying on me. There's people that are a whole
• 16:19
  Speaker 4: hell of a lot more soft than I am. Way bad.
• 16:22
  Speaker 4: They want to kill themselves every day. Me, I just
• 16:24
  Speaker 4: go back to smoking cigarettes after eight years. This is
• 16:27
  Speaker 4: what it did to me. And my white tail was
• 16:30
  Speaker 4: going all the time, don't. JJ, don't, because they're going
• 16:34
  Speaker 4: to come knocking at the door. We don't have any
• 16:36
  Speaker 4: freedoms anymore. And I just told him, I said, babe,
• 16:39
  Speaker 4: if I don't say something, I haven't threatened anybody. But
• 16:44
  Speaker 4: if I don't speak... I'm not going to go to
• 16:48
  Speaker 4: my grave not speaking wrong, whether people don't like it
• 16:50
  Speaker 4: or not.
• 16:50
  Speaker 2: Amen. Never fear your tongue. Never fear your tongue.
• 16:54
  Speaker 4: Of course, you know, you taught me that. I was
• 16:56
  Speaker 4: always that way anyway, but you reinforced that in me. Yes.
• 16:59
  Speaker 4: That I wasn't doing the wrong thing, even though I
• 17:00
  Speaker 4: agitated you. You always told me that.
• 17:03
  Speaker 2: Yes.
• 17:04
  Speaker 4: That's why I consider you a friend, to be honest
• 17:06
  Speaker 4: with me.
• 17:06
  Speaker 2: Yes.
• 17:07
  Speaker 4: The president isn't, buddy. Neither is G2. Neither is Nick.
• 17:12
  Speaker 4: They're not being honest. They're not being honest with themselves.
• 17:15
  Speaker 4: I don't expect... Listen, if Biden was doing this, I
• 17:17
  Speaker 4: told you, if Biden was in, do you think I'd
• 17:18
  Speaker 4: support him? Do you think that I put my being
• 17:21
  Speaker 4: a father and being a husband and being an American
• 17:24
  Speaker 4: and being a friend and all those kind of things
• 17:28
  Speaker 4: more than wanting to see... I don't understand it. And listen,
• 17:31
  Speaker 4: I don't... I care about you people, but why would
• 17:34
  Speaker 4: I want to be miserable as long as you're miserable?
• 17:36
  Speaker 4: If you're happy, I want to be happy. I don't
• 17:39
  Speaker 4: even know why you would disagree. Why would I want
• 17:41
  Speaker 4: to be unhappy to make you unhappy? Come on, people.
• 17:45
  Speaker 4: You can call right now and they're just going to
• 17:48
  Speaker 4: say they're saying that I'm some kind of crazy person. Well,
• 17:50
  Speaker 4: you know, like, yeah, I am. Remember, I just had
• 17:54
  Speaker 4: some chalk treatment, buddy. So I appreciate you listening, but
• 17:57
  Speaker 4: it's been really bothering me. But I have to give
• 18:00
  Speaker 4: you again kudos because you're not turning on those guys
• 18:02
  Speaker 4: that were your callers that have been around a whole
• 18:04
  Speaker 4: heck of a longer than I have. But you're a man.
• 18:09
  Speaker 4: You're being honest. And I have to give you respect
• 18:12
  Speaker 4: no matter what we disagree on. You get that above everything.
• 18:16
  Speaker 4: You're honest, man.
• 18:17
  Speaker 2: Thank you.
• 18:17
  Speaker 4: I appreciate you.
• 18:19
  Speaker 2: Thank you.
• 18:19
  Speaker 4: Thank you.
• 18:20
  Speaker 2: Thank you for listening.
• 18:21
  Speaker 1: All right.
• 18:21
  Speaker 2: You're on the air. Thank you for calling, incidentally. Wait
• 18:25
  Speaker 2: a second. There we go. You're on the air.
• 18:27
  Speaker 4: Yeah, that was weird.
• 18:28
  Speaker 6: I'm going to change the subject a little bit here.
• 18:31
  Speaker 2: Yes.
• 18:31
  Speaker 6: Unless you want me to keep talking about Iran.
• 18:33
  Speaker 2: No, I don't. No, go ahead.
• 18:36
  Speaker 4: Okay.
• 18:37
  Speaker 6: So the Clarity Act, probably going to be passed next week.
• 18:41
  Speaker 6: Donald Trump agreed to some ethics provisions. Basically, the Clarity
• 18:46
  Speaker 6: Act is going to allow digital assets in our country
• 18:50
  Speaker 6: to actually have rules and regulations, and it's going to
• 18:53
  Speaker 6: prevent the President, the Congress, Senate, and anything like that
• 18:56
  Speaker 6: from owning these, just like they've been doing in trading
• 18:58
  Speaker 6: stocks and becoming rich off of insider information. So for
• 19:02
  Speaker 6: the listening audience, why is this even important? Well, it's
• 19:05
  Speaker 6: going to allow us in our country to do a
• 19:07
  Speaker 6: couple things. One, it's going to do some bad things
• 19:11
  Speaker 6: and some good things. One, it's going to allow us
• 19:13
  Speaker 6: to print a whole lot more money. which is going
• 19:15
  Speaker 6: to allow us to can further down the road. That's
• 19:18
  Speaker 6: one of the bad things. But it's going to prolong
• 19:20
  Speaker 6: the misery that we're all going to be having because
• 19:22
  Speaker 6: everything is going to get more expensive and inflation is
• 19:24
  Speaker 6: going to go through the roof again. But at least
• 19:26
  Speaker 6: we'll be able to print dollars into ad nauseum. So
• 19:29
  Speaker 6: that's one thing. The other thing is it's going to
• 19:32
  Speaker 6: allow us to finally have rules and regulations for digital
• 19:35
  Speaker 6: currencies that the government can't control. Because what's everybody talking about?
• 19:40
  Speaker 6: We all have money for everything. That just keeps throwing
• 19:43
  Speaker 6: in the wind, pay for this, pay for that, no repercussions.
• 19:46
  Speaker 6: You keep having more money. It's nominally you have more,
• 19:49
  Speaker 6: but like you said, earlier, you still feel like you
• 19:51
  Speaker 6: keep feeling poorer and poorer every day of the year.
• 19:54
  Speaker 6: If you knew how much, if you would have known, Ron,
• 19:56
  Speaker 6: how much money you have now when you were 20,
• 19:59
  Speaker 6: you'd have thought you would be driving around in a
• 20:01
  Speaker 6: yacht somewhere and you'd be the richest person in the world.
• 20:04
  Speaker 2: But what happened?
• 20:05
  Speaker 6: Your dollar keeps buying you less and less. So that's
• 20:08
  Speaker 6: going to keep happening because what's going to happen with
• 20:10
  Speaker 6: this Clarity Act, we're going to have something which is
• 20:13
  Speaker 6: called stable coins, which are already in use, but it's
• 20:16
  Speaker 6: going to allow banks and major corporations to not only
• 20:19
  Speaker 6: hold them but use them. There's a caller who called
• 20:21
  Speaker 6: in a long time ago who always used to use
• 20:23
  Speaker 6: the phrase, why do cars have brakes?
• 20:26
  Speaker 2: Standby, yes, standby. Back with Alec in a minute. NewsRadio 570,
• 20:30
  Speaker 2: Dodie Cummings. Ron Ferb here tonight till 6 from the
• 20:33
  Speaker 2: Kingdom of Mahoning. News Radio 570 WKVN.
• 20:36
  Speaker 1: Columbus residents and city council District 7 can help decide
• 20:43
  Speaker 1: how $ 1 million in public funding will be spent through
• 20:46
  Speaker 1: the city's participatory budgeting program. A community meeting is set
• 20:50
  Speaker 1: for tonight where people can suggest projects like park improvements,
• 20:54
  Speaker 1: better street lighting, safer crosswalks, or more green space. The
• 20:58
  Speaker 1: ideas will be put to a public vote later this
• 21:00
  Speaker 1: year with the winning projects receiving funding. Residents who cannot
• 21:04
  Speaker 1: attend the meeting can still submit their ideas online. And
• 21:07
  Speaker 1: in the meantime, a nearly $ 1 billion aircraft manufacturing facility
• 21:11
  Speaker 1: is coming to Springfield. Ohio Governor Mike DeWine helped announce
• 21:14
  Speaker 1: the new Electra Aero Factory at Airport Park yesterday. The
• 21:18
  Speaker 1: Virginia-based company is planning to build a plant to produce
• 21:21
  Speaker 1: its EL-9 ultra-short hybrid electric aircraft at the new site,
• 21:26
  Speaker 1: creating roughly 2,000 jobs.
• 21:28
  Speaker 2: Construction is expected to start next year. I'm Brady Hopkins.
• 21:31
  Speaker 1: Listen on the free iHeartRadio app for all your music, news, talk,
• 21:35
  Speaker 1: and sports radio.
• 21:37
  Speaker 5: Podcast 2.
• 21:38
  Speaker 2: Download the app.
• 21:39
  Speaker 4: Free.
• 21:40
  Speaker 5: Never sounded so good. A to Z dependable services. Plumbing, septic, heating, cooling,
• 21:45
  Speaker 5: and one-day baths.
• 21:46
  Speaker 7: Highways are still accident-free this afternoon. You're dealing with road construction,
• 21:51
  Speaker 7: closing the northbound lanes on I-680 between South Avenue and
• 21:55
  Speaker 7: Route 193. That's for pavement work scheduled through next summer.
• 22:00
  Speaker 7: You also have various lane restrictions for paving repairs on
• 22:03
  Speaker 7: 680 between the turnpike and 224.
• 22:06
  Speaker 5: See a crash? Give us a call.
• 22:09
  Speaker 2: 330-305-1159.
• 22:09
  Speaker 7: I'm Mike Ross from the Total Traffic Center. This report
• 22:14
  Speaker 7: is sponsored by Dell Technologies.
• 22:16
  Speaker 2: Back to school starts now.
• 22:17
  Speaker 5: Get long lessons. Now, Ron Verb.
• 22:20
  Speaker 1: On NewsRadio 570, WKBN.
• 22:26
  Speaker 2: Back to it. NewsRadio 570, WKBN. Ron Verb, 434. In
• 22:30
  Speaker 2: the afternoon, it's a perfect day, 71 degrees. And back
• 22:34
  Speaker 2: with Alec. So just take it from the top again
• 22:39
  Speaker 2: so people understand what you're saying. So everybody listening understands
• 22:43
  Speaker 2: exactly what you're saying.
• 22:46
  Speaker 6: So a stable coin is a digital dollar. It's one
• 22:49
  Speaker 6: stable coin is $ 1 in the United States Treasury. They
• 22:53
  Speaker 6: have to be backed. So if a company wants to
• 22:56
  Speaker 6: mint a billion dollars of stable coins, they have to
• 22:59
  Speaker 6: have a billion dollars in treasuries to back it. Well,
• 23:02
  Speaker 6: what does everybody around the world want?
• 23:04
  Speaker 2: Dollars.
• 23:05
  Speaker 6: If you were in Iran right now, you want to
• 23:07
  Speaker 6: hold dollars, but there's no bank in Iran where you
• 23:09
  Speaker 6: can get dollars. With a stable coin and a digital currency,
• 23:12
  Speaker 6: you can get it on your phone. So to have
• 23:15
  Speaker 6: those dollars, the U.S. is going to print more treasuries.
• 23:19
  Speaker 6: So that way we can keep pushing the dollar dominance
• 23:22
  Speaker 6: throughout the world. It's just we're going to be printing
• 23:24
  Speaker 6: more money so that we can kick the can down
• 23:27
  Speaker 6: the road with our $ 40 trillion in debt.
• 23:29
  Speaker 2: And just bear with me. By printing more money, does
• 23:32
  Speaker 2: that create inflation?
• 23:35
  Speaker 6: Well, that's the problem. When's it going to hit the fan, though?
• 23:40
  Speaker 6: At what point in time is that inflation going to
• 23:43
  Speaker 6: actually rear its ugly head to the point where We're
• 23:47
  Speaker 6: all being lied to, number one, on the inflation numbers.
• 23:49
  Speaker 6: We all know that. So when you're the referee, when
• 23:53
  Speaker 6: you're the Federal Reserve and you're controlling interest rates, but
• 23:56
  Speaker 6: you're also putting out what the inflation numbers are, you
• 23:59
  Speaker 6: can manipulate them a lot. Yeah, it probably will add
• 24:02
  Speaker 6: more inflation, but it's going to keep the dollar dominant.
• 24:05
  Speaker 6: And at the end of the day, if we lose
• 24:07
  Speaker 6: dollar dominance, in the United States of America, we lose everything.
• 24:11
  Speaker 6: We have no manufacturing in this country. We don't produce anything.
• 24:15
  Speaker 2: You're talking about like the petrodollar and all that. I
• 24:18
  Speaker 2: understand that, and I understand how important that is. But
• 24:22
  Speaker 2: if you continue to inflate the dollar by making more
• 24:26
  Speaker 2: of them, if you will, I mean, do you remember
• 24:32
  Speaker 2: that old cartoon where the guy has a wheelbarrow full
• 24:34
  Speaker 2: of cash to go get a loaf of bread? I mean,
• 24:37
  Speaker 2: it's like that cartoon is becoming true because they've printed
• 24:42
  Speaker 2: so many dollars. Inflation caused as a result of government
• 24:48
  Speaker 2: policy or the energy policies. So everything has gotten so expensive.
• 24:54
  Speaker 2: As I said, again, everyone's savings is worth less. Everyone's
• 24:58
  Speaker 2: retirement is worth less. Everyone's paycheck buys less. We're all
• 25:01
  Speaker 2: getting poorer because everything is costing so much. So we're
• 25:06
  Speaker 2: going to, and if Trump continues down this road that
• 25:09
  Speaker 2: he's on, it's going to create more inflation. You're saying
• 25:11
  Speaker 2: that this, what you're talking about is creates more inflation. Well,
• 25:14
  Speaker 2: what the hell you think a car or a house
• 25:16
  Speaker 2: is going to cost or, or, or just surviving is
• 25:20
  Speaker 2: going to cost.
• 25:21
  Speaker 6: This is the bad part of this. Now, It depends
• 25:25
  Speaker 6: on what time frame you're looking at this in. If
• 25:27
  Speaker 6: you're looking at this in the next several years, well,
• 25:29
  Speaker 6: maybe it's a good thing. If you're looking at this
• 25:31
  Speaker 6: long term, your gallon of milk might cost you $ 48.
• 25:34
  Speaker 6: But I have no idea where that time frame leads
• 25:38
  Speaker 6: us to. The other part of this, though, is like
• 25:41
  Speaker 6: the doc usually always said, why do cars have brakes?
• 25:44
  Speaker 6: It's not so they can stop. It's so they can
• 25:46
  Speaker 6: go fast. Right now, there are no regulations in the
• 25:50
  Speaker 6: United States for big banks or major corporations to hold
• 25:53
  Speaker 6: digital assets like stablecoins or bitcoins. So no companies hold
• 25:58
  Speaker 6: them because it's only a liability. Once this bill is passed,
• 26:01
  Speaker 6: there's rules of the road. So it's just like traffic
• 26:04
  Speaker 6: lights and signals on the highway. So Bitcoin, you have
• 26:07
  Speaker 6: seen in the past, it goes way up and then
• 26:09
  Speaker 6: it can crash back down. It's like a Ferrari running
• 26:12
  Speaker 6: through the middle of town with no traffic lights. It
• 26:14
  Speaker 6: can go real fast and it can also hit a
• 26:17
  Speaker 6: brick wall or another car and it T-bones. But with regulations,
• 26:21
  Speaker 6: it actually makes it that much better. Now, what the
• 26:24
  Speaker 6: stable coins are going to do is it's going to
• 26:26
  Speaker 6: push U.S. finance into digital wallets. So, you know, like
• 26:31
  Speaker 6: FDIC insurance on your checking account, $ 200, 000. Well, if you
• 26:35
  Speaker 6: have a stable coin, they are backed one-to-one with treasuries,
• 26:39
  Speaker 6: so they are always solvent. Inside the bill itself for
• 26:42
  Speaker 6: the Genius Act, which passed last year, anybody who prints
• 26:46
  Speaker 6: a stable coin has to have it federally backed by treasuries,
• 26:50
  Speaker 6: so your money is always there. You could carry as
• 26:53
  Speaker 6: much money as you could possibly want in a digital
• 26:56
  Speaker 6: wallet on your phone. Now, the only problem with that
• 26:58
  Speaker 6: is it's still the U.S.
• 27:00
  Speaker 2: Dollar.
• 27:01
  Speaker 6: We could all worry about what's on our phone, who's
• 27:03
  Speaker 6: watching our phone. But what it also does, it allows
• 27:06
  Speaker 6: you to own digital currencies, which are not controlled by
• 27:09
  Speaker 6: the government and cannot be printed into infinity. So this
• 27:13
  Speaker 6: is something that can actually slowly allow us to have
• 27:17
  Speaker 6: some kind of fiscal responsibility moving forward. And once there's regulation,
• 27:22
  Speaker 6: big banks, major corporations, they're going to be the first
• 27:26
  Speaker 6: ones to move on this. It's not going to be
• 27:27
  Speaker 6: mom and pop. So this is just something I'm trying to, again,
• 27:30
  Speaker 6: I've talked about in the past. I'm just trying to
• 27:32
  Speaker 6: give everybody a little insight to what's coming down the pipe,
• 27:35
  Speaker 6: probably even next week when it goes to the Senate floor.
• 27:38
  Speaker 6: And if it passes, it's already passed Congress. They're working
• 27:41
  Speaker 6: on some verbiage because Democrats despise Donald Trump. So they
• 27:45
  Speaker 6: wanted to have ethics provisions in there so that he
• 27:47
  Speaker 6: can't get rich off of it.
• 27:49
  Speaker 4: And, hey, you know what?
• 27:50
  Speaker 6: I'm okay with that, too. Donald Trump came out with
• 27:53
  Speaker 6: his own, what we call a meme coin before the election.
• 27:56
  Speaker 6: He made $ 6 billion on it one day. Now it's
• 27:59
  Speaker 6: since crashed since, you know, that period of time. But
• 28:02
  Speaker 6: what they don't want is politicians to be able to
• 28:05
  Speaker 6: do those kind of things moving forward, which is a
• 28:06
  Speaker 6: good thing. Regulations are always good. But it might make
• 28:10
  Speaker 6: some sense for everybody to just know what's coming, understand
• 28:14
  Speaker 6: what a stable coin is, understand what Bitcoin and digital
• 28:17
  Speaker 6: wallets are, because it's This is the future. It's moving here.
• 28:21
  Speaker 6: First they laughed at it, then they fought it, and
• 28:24
  Speaker 6: now the government is accepting it. Because maybe, just maybe,
• 28:28
  Speaker 6: if we own something in our country that can't be
• 28:30
  Speaker 6: printed and wasted away by government officials, maybe we can
• 28:34
  Speaker 6: actually have some fiscal responsibility moving forward. And that would
• 28:38
  Speaker 6: be a good thing.
• 28:41
  Speaker 2: I would agree with that. Instead of a fiat currency, correct? Correct.
• 28:48
  Speaker 4: Correct.
• 28:49
  Speaker 6: So when you go to the polling library, you can
• 28:52
  Speaker 6: do some research on the Clarity Act. You can sit
• 28:55
  Speaker 6: in the back corner where it's heaved a quarter inch.
• 28:58
  Speaker 2: Yes.
• 29:05
  Speaker 6: You know, and I keep going back to that, too.
• 29:07
  Speaker 6: I have no other words. You just shake your head.
• 29:12
  Speaker 6: These are the things that go on at your local level.
• 29:16
  Speaker 6: Imagine the kind of fraud, waste, and abuse that goes
• 29:19
  Speaker 6: on at the state. What goes on nationally in our country?
• 29:26
  Speaker 2: I mean, it's the arrogance of this whole library group
• 29:30
  Speaker 2: that just bewilders me. I mean, I am so bewildered
• 29:35
  Speaker 2: by their other arrogance or how they despise the citizens
• 29:40
  Speaker 2: of a community that say, we don't like this decision.
• 29:43
  Speaker 2: We're taxpayers and we think we can fix this building.
• 29:47
  Speaker 2: And it's like, we don't care. We don't want to
• 29:48
  Speaker 2: hear that discussion. We don't want to have an open
• 29:51
  Speaker 2: forum on it. You can talk three minutes and then
• 29:54
  Speaker 2: that's it. I mean, it's the arrogance that you're getting
• 29:58
  Speaker 2: Like this woman who runs a library, like it's what
• 30:01
  Speaker 2: she wants to be so insulated. She's almost like afraid
• 30:04
  Speaker 2: to talk to the public or afraid to come on
• 30:07
  Speaker 2: the program. Talk to the architect. Tell tell him why
• 30:11
  Speaker 2: why you think this is the right move and tell
• 30:13
  Speaker 2: him why you think he's wrong. And then have a
• 30:16
  Speaker 2: discussion and let's all listen to it. What are you
• 30:18
  Speaker 2: afraid of? This is what your job is. This is
• 30:21
  Speaker 2: what you get paid for. Why are you afraid to communicate? No,
• 30:24
  Speaker 2: I got to hire a bunch of other people to
• 30:26
  Speaker 2: do the communication. Even though I'm in charge, I don't
• 30:30
  Speaker 2: want to be. I mean, it's so ridiculous from the
• 30:35
  Speaker 2: library standpoint.
• 30:37
  Speaker 6: I don't know how you go out in public knowing
• 30:40
  Speaker 6: that you're wasting your neighbor's money. I don't understand. And
• 30:43
  Speaker 6: then you have, like I said, you know, Bernie Sanders,
• 30:46
  Speaker 6: I was referencing, you know, he says crazy things. He
• 30:49
  Speaker 6: believes it. And at least he'll, like, try to back
• 30:52
  Speaker 6: himself up. If you're crazy, at least try to back
• 30:54
  Speaker 6: yourself up and take on, you know, the debate. But
• 30:58
  Speaker 6: to not even have a debate about it or to
• 31:00
  Speaker 6: talk about it. But here's the worst thing about this.
• 31:03
  Speaker 6: At the end of the day, it's like if you
• 31:05
  Speaker 6: sign your terms of agreement when you go on a
• 31:07
  Speaker 6: website or your iPhone, nobody reads the 17 pages. You
• 31:10
  Speaker 6: just hit click so you can use it.
• 31:11
  Speaker 4: Right.
• 31:12
  Speaker 6: Everybody thinks, oh, I love my library. So guess what?
• 31:15
  Speaker 6: At the end of the day, it's all the voters
• 31:17
  Speaker 6: because they're all misinformed and they vote for this. And
• 31:19
  Speaker 6: this is the repercussion from it. So, you know, sometimes
• 31:23
  Speaker 6: it always I hate to say it, but sometimes it
• 31:25
  Speaker 6: takes a tragedy or maybe something really dumb to happen
• 31:28
  Speaker 6: for people to wake up.
• 31:30
  Speaker 4: I agree.
• 31:30
  Speaker 6: In this case, probably not, because most people don't care
• 31:33
  Speaker 6: about local issues.
• 31:36
  Speaker 2: I don't agree with that. I think I think people
• 31:38
  Speaker 2: do care about local issues when you see what's what's
• 31:43
  Speaker 2: going on as far as. Here's why they care, because
• 31:49
  Speaker 2: they're being ignored and they're being treated like dirt, and
• 31:52
  Speaker 2: it's like... When you start treating people that are the
• 31:56
  Speaker 2: taxpayers like that, there's repercussions. There's fallback from it.
• 32:01
  Speaker 6: Those are the people who call into your show. Those
• 32:04
  Speaker 6: are the people you hear about that actually care. If
• 32:05
  Speaker 6: you went to whatever grocery store you go to and
• 32:08
  Speaker 6: you polled 100 people, 99, maybe 98 of them would,
• 32:13
  Speaker 6: number one, have no clue what you're talking about. And
• 32:15
  Speaker 6: then if you explained it to them, 50 of them
• 32:18
  Speaker 6: would be like, nah, I don't really know. I don't
• 32:20
  Speaker 6: really care. Have you seen anything good on Netflix? I
• 32:24
  Speaker 6: don't know. And they'd scroll through their phone like a zombie.
• 32:28
  Speaker 6: That's the problem.
• 32:29
  Speaker 2: Yeah, but here's the reality. Sooner or later, it catches
• 32:34
  Speaker 2: up to them because all of a sudden they say, well,
• 32:37
  Speaker 2: wait a minute, I can't afford to live in my
• 32:38
  Speaker 2: home anymore. Or why do I have to pay so
• 32:41
  Speaker 2: much in taxes? Or what do you mean I'm going
• 32:45
  Speaker 2: to lose my house because I'm buying in taxes? All
• 32:47
  Speaker 2: these economic things catch up to people. Sooner or later,
• 32:51
  Speaker 2: you can only stick your head in the sand so
• 32:52
  Speaker 2: long before it catches up to you. And it will catch.
• 32:57
  Speaker 4: Up to you.
• 32:58
  Speaker 6: Let me ask you this, Ron. So let's say you
• 33:01
  Speaker 6: start saying, I can't afford this anymore. Do you go
• 33:03
  Speaker 6: through your life choices and say, I shouldn't have voted
• 33:06
  Speaker 6: for that library increase?
• 33:09
  Speaker 2: No.
• 33:09
  Speaker 6: What you do is you hear the politician who says,
• 33:12
  Speaker 6: forget the big corporations. I want to tax the billionaires
• 33:15
  Speaker 6: and take their money. We're going to have socialism. We're
• 33:18
  Speaker 6: going to have communism. You say, I'm not going to
• 33:19
  Speaker 6: fix my problems. I'll vote for that so that somebody
• 33:22
  Speaker 6: else could fix my problems for me. And this is
• 33:25
  Speaker 6: what's happening. We've talked about it before in New York City.
• 33:28
  Speaker 2: Seattle, everywhere like that. Like class warfare.
• 33:32
  Speaker 6: Well, that's what's happening.
• 33:33
  Speaker 4: We've talked about it before.
• 33:34
  Speaker 6: That's why the young people are voting for stuff like this.
• 33:37
  Speaker 6: Because if your salary goes up 1% a year, but
• 33:40
  Speaker 6: the cost of homes goes up 10% a year, year
• 33:43
  Speaker 6: after year after year, you can't buy them.
• 33:46
  Speaker 2: But I'll be the first guy to say, and I
• 33:48
  Speaker 2: think as a result of talking to you, I think
• 33:50
  Speaker 2: the young person has a legitimate bitch to make. And
• 33:54
  Speaker 2: how did we get here at this point in time?
• 33:56
  Speaker 2: I mean, I sit here, and when I say it's
• 33:58
  Speaker 2: a legitimate bitch, listen, I sit here and say... Every
• 34:02
  Speaker 2: one of these politicians that are out there saying we
• 34:06
  Speaker 2: can't cut government or we can't become more efficient. as
• 34:10
  Speaker 2: DeSantis is doing in Florida. We can't spend less each year.
• 34:15
  Speaker 2: They lack the ability to do that. Every one of them,
• 34:18
  Speaker 2: every single one of them, is making the problem worse.
• 34:22
  Speaker 2: They are making the problem worse for people that are,
• 34:25
  Speaker 2: of all, whether you're a senior, whether you're a new
• 34:28
  Speaker 2: person trying to buy a home, they're making it worse.
• 34:30
  Speaker 6: Ron, I'm going to tell you something that you're not
• 34:35
  Speaker 6: going to like.
• 34:36
  Speaker 2: Okay.
• 34:37
  Speaker 6: Bill, Bill. The oldest boomers now just turned 80. When
• 34:41
  Speaker 6: do we spend the most on somebody's health care throughout
• 34:44
  Speaker 6: their whole life? The last two months of their life.
• 34:47
  Speaker 2: Absolutely, yes.
• 34:49
  Speaker 6: We are going to be spending into oblivion Medicare. Not alone.
• 34:53
  Speaker 6: Forget Medicaid. That's a complete disaster. And I'm going to
• 34:56
  Speaker 6: tell you this. You're not going to like this because
• 34:58
  Speaker 6: I know I've had disagreements with you in the past
• 34:59
  Speaker 6: on this. But Social Security, that is not your money.
• 35:03
  Speaker 6: You paid into it, but the money you paid in
• 35:06
  Speaker 6: is not yours. And I had a conversation with a
• 35:09
  Speaker 6: very kind woman the other day about all of this,
• 35:12
  Speaker 6: Social Security, Medicare, and she was receiving all of it.
• 35:15
  Speaker 6: And she completely agreed. She's happy she's receiving it, but
• 35:18
  Speaker 6: she sure wouldn't want to be the one paying for
• 35:20
  Speaker 6: it right now. She likes the other end because don't
• 35:22
  Speaker 6: take it away from them because they were promised it.
• 35:26
  Speaker 2: See, I disagree with that. And just so you know,
• 35:28
  Speaker 2: when I was young, I was hearing the same things.
• 35:31
  Speaker 2: It's not going to be around when you get old. Well,
• 35:35
  Speaker 2: I'm here to tell you something. First of all, I
• 35:38
  Speaker 2: support the idea of taking the cap off Social Security.
• 35:45
  Speaker 2: If the guy making $ 150, 000 is paying it on his
• 35:48
  Speaker 2: entire salary, then if you're making $ 300, 000, you should as well.
• 35:52
  Speaker 2: We can solve the problem that way. I've said this
• 35:55
  Speaker 2: a million times. Keep Medicare at $ 65, 000. Keep Social Security
• 36:01
  Speaker 2: at 67. I'm against raising these ages at all because
• 36:05
  Speaker 2: not everybody lives longer. Not everybody has an easy job.
• 36:09
  Speaker 2: So let's keep it where it is. It's not a
• 36:12
  Speaker 2: grand retirement. It's not a bunch of money that people
• 36:16
  Speaker 2: are getting. And I just think that it's very salvageable.
• 36:21
  Speaker 2: And it's a good thing. It will be there for you.
• 36:24
  Speaker 2: When you talk about the money, the money I paid in,
• 36:27
  Speaker 2: the vast majority of it went out to current retirees.
• 36:30
  Speaker 2: I am not upset about that. I'm not pissed about that.
• 36:34
  Speaker 2: It went out to people, my father's generation, my mother's people.
• 36:39
  Speaker 2: That's okay. The only time that I was paying more
• 36:41
  Speaker 2: in was when Reagan put that buffer in there for
• 36:45
  Speaker 2: the baby boomers to retire. It was Reagan that put
• 36:47
  Speaker 2: that in. There was never supposed to be a surplus.
• 36:51
  Speaker 2: It was not supposed to be that way. But to
• 36:53
  Speaker 2: get all the baby boomers through, we have to have
• 36:55
  Speaker 2: that surplus. And once they're through, supposedly, we don't need
• 36:59
  Speaker 2: it anymore. So let's see what happens. I'm convinced Social
• 37:04
  Speaker 2: Security will be there when you retire. You know what?
• 37:09
  Speaker 6: It's a math problem. You can change the cap. You
• 37:13
  Speaker 6: can change the limits. But you need working people to
• 37:16
  Speaker 6: pay for those receiving it. And when you have less
• 37:19
  Speaker 6: and less people paying in, That's called a Ponzi scheme
• 37:23
  Speaker 6: when you need to have more people paying in than
• 37:26
  Speaker 6: the people taking their money out. That was Bernie Madoff.
• 37:29
  Speaker 2: But tap the brakes. If I just had my money,
• 37:34
  Speaker 2: if I had my Social.
• 37:35
  Speaker 6: Security money in an S & P 500 account, since
• 37:39
  Speaker 6: I was paying into it, I'd have a lot more.
• 37:42
  Speaker 6: But it's not my money. I pay it out. to
• 37:44
  Speaker 6: everybody who's collecting it. I don't get my money back.
• 37:48
  Speaker 6: I have to hope that the government does the right
• 37:51
  Speaker 6: thing when I retire to take it, that there's enough
• 37:55
  Speaker 6: people still working. Hopefully they're not just all bots and
• 37:58
  Speaker 6: AI agents that we figure out a way to tax.
• 38:01
  Speaker 6: I have to hope that all the money I put in,
• 38:04
  Speaker 6: I get to reap the rewards of that.
• 38:05
  Speaker 4: And guess what?
• 38:06
  Speaker 6: I'm paying all that money now. I don't know what
• 38:09
  Speaker 6: inflation is going to do to that dollar at that
• 38:10
  Speaker 6: point in time and what it's even going to be worth.
• 38:13
  Speaker 6: So I'm trading my time right now for some other
• 38:16
  Speaker 6: retiree Social Security recipient's money.
• 38:19
  Speaker 2: Just as I did when I was your age. The
• 38:22
  Speaker 2: exact same thing.
• 38:22
  Speaker 5: I did when I was your age.
• 38:24
  Speaker 6: There were more payers than recipients. And now it has flipped.
• 38:30
  Speaker 6: And now, again, you can go out. You don't have
• 38:33
  Speaker 6: to work. You can be on Medicaid.
• 38:34
  Speaker 4: You could do whatever.
• 38:35
  Speaker 6: The politician will take care of you as long as
• 38:37
  Speaker 6: you vote for them, and we will print money to
• 38:39
  Speaker 6: keep it going. But guess what? And that causes more inflation.
• 38:43
  Speaker 6: So the working person out there who trades his time
• 38:45
  Speaker 6: for money's dollar keeps getting devalued. And it's the younger
• 38:49
  Speaker 6: generation who's going to fall deeper and deeper into problems.
• 38:53
  Speaker 2: But here's my problem. And they're not going to be
• 38:55
  Speaker 2: able to fix it. Here's my problem when I hear
• 38:58
  Speaker 2: guys like you say that. There was a time when
• 39:01
  Speaker 2: I was the younger generation, just as you are the
• 39:04
  Speaker 2: younger generation, and you will become the older generation. What
• 39:08
  Speaker 2: you're saying is nothing new. I've heard the same thing.
• 39:12
  Speaker 2: Everyone acts like when I was young, it was so
• 39:14
  Speaker 2: easy to buy a house. Well, it wasn't that easy.
• 39:17
  Speaker 2: I mean, you know, it depended what you made. I mean,
• 39:21
  Speaker 2: everything's kind of subjective. Here's what you made. Here's what
• 39:24
  Speaker 2: it cost. And a lot of people couldn't afford a
• 39:27
  Speaker 2: home then. They didn't have 20% to put down. I
• 39:29
  Speaker 2: couldn't disagree with you more. They didn't have the PMI
• 39:33
  Speaker 2: on it or any of that. Now, just, well, stand
• 39:36
  Speaker 2: by a second. I want to talk to you about that.
• 39:39
  Speaker 2: Back with him and more on NewsRadio 570. Ron Verp, 452.
• 39:44
  Speaker 2: Wednesday afternoon from the Kingdom of Mahoning. It's 70 degrees.
• 39:50
  Speaker 5: Your one stop for at KBN.
• 39:52
  Speaker 2: All right. So every generation thinks the one before it
• 39:57
  Speaker 2: had it easier than the one before it. You know,
• 40:01
  Speaker 2: I can sit back when I was young and just
• 40:03
  Speaker 2: bear with me and I can say, boy, my dad
• 40:05
  Speaker 2: had it a lot easier than I did because all
• 40:07
  Speaker 2: the taxes were less. He paid less in Social Security percentage.
• 40:12
  Speaker 2: The sales tax didn't exist or was way less. Income
• 40:15
  Speaker 2: tax was way less. He took home 90 percent of
• 40:18
  Speaker 2: what he made. uh, and, and paid way less than taxes. I,
• 40:22
  Speaker 2: I mean, I could sit back and dwell on that when, when,
• 40:26
  Speaker 2: when he was young, but then again, if just, just
• 40:30
  Speaker 2: bear with me and I want you to respond to
• 40:31
  Speaker 2: this because it's, it's, it's going to go on. You
• 40:33
  Speaker 2: got to be patient. When I look at like my
• 40:36
  Speaker 2: dad in the house we grew up in and I'm trying,
• 40:40
  Speaker 2: I forget the square footage. I mean, it was three
• 40:43
  Speaker 2: bedrooms and, uh, There was, let's see, there was a
• 40:50
  Speaker 2: bath and a half. I mean, a lot of the
• 40:53
  Speaker 2: stuff that you have today, that younger people have today,
• 40:58
  Speaker 2: or the home that I built, is much different than
• 41:01
  Speaker 2: the one my father had that was more modest when
• 41:05
  Speaker 2: we were growing up. He didn't have a cell phone.
• 41:07
  Speaker 2: He didn't have that built. It was later in life
• 41:10
  Speaker 2: before anyone got central air. They didn't have credit card
• 41:14
  Speaker 2: debt because they didn't really have credit cards. They didn't
• 41:18
  Speaker 2: do a lot of stuff that you younger people do.
• 41:21
  Speaker 2: So all of a sudden, he didn't have an internet bill.
• 41:24
  Speaker 2: He didn't have any of that kind of stuff. So
• 41:27
  Speaker 2: should I sit here and say, boy, he had it
• 41:29
  Speaker 2: a lot easier. Well, okay, so I made more money
• 41:32
  Speaker 2: than my dad did because he insisted, as I've said
• 41:38
  Speaker 2: a million times, you couldn't just attend college. You had
• 41:41
  Speaker 2: to graduate college. You follow what I'm saying? I mean,
• 41:44
  Speaker 2: he had... I've said it a million times. If I
• 41:47
  Speaker 2: went and told my mother I'm dropping out of high school,
• 41:49
  Speaker 2: do you think that would have been acceptable? Do you
• 41:52
  Speaker 2: think she would have said, oh, okay? I mean, that
• 41:55
  Speaker 2: option didn't exist. It didn't exist to drop out of college.
• 41:59
  Speaker 2: And as I said, when I was young, if you
• 42:01
  Speaker 2: wanted to get into the trades, it was damn near
• 42:03
  Speaker 2: impossible unless you had an uncle or knew somebody to
• 42:05
  Speaker 2: get you in. It was damn near impossible to get
• 42:08
  Speaker 2: into General Motors or Ford unless you knew somebody to
• 42:11
  Speaker 2: get in. It was damn difficult to get a government
• 42:13
  Speaker 2: job unless you knew somebody to get in. That was
• 42:16
  Speaker 2: the reality of when I was young. Look how easy–
• 42:19
  Speaker 2: it's not easy, but it's much easier today to get
• 42:23
  Speaker 2: into an apprentice program in the trades and make a
• 42:25
  Speaker 2: good living. than it was when I was young. It's
• 42:27
  Speaker 2: much easier to get, they're begging for cops and firefighters
• 42:32
  Speaker 2: than it was when I was young. They're begging for
• 42:34
  Speaker 2: mailmen much easier than when I was young. There's a
• 42:37
  Speaker 2: lot of opportunities that you have that are much better
• 42:42
  Speaker 2: than they were when I was a young person. So
• 42:45
  Speaker 2: when you keep acting like, It was so much easier
• 42:49
  Speaker 2: when I was young. I still had to work. I
• 42:52
  Speaker 2: still had to save. I still had to say no
• 42:55
  Speaker 2: to myself. The disciplines that my father taught me so
• 42:58
  Speaker 2: that when I got married and bought a home, I
• 43:01
  Speaker 2: had 20% to put down so I didn't have to
• 43:03
  Speaker 2: pay PMI insurance. And you think when I signed that
• 43:06
  Speaker 2: loan that that isn't a nervous time to say, I'm
• 43:10
  Speaker 2: agreeing to pay this amount for the next 20 years
• 43:12
  Speaker 2: or 30 years? But I used my father's philosophy to
• 43:18
  Speaker 2: be indebted to be a slave. So I paid it
• 43:20
  Speaker 2: off as quickly as I could by not doing a
• 43:22
  Speaker 2: lot of other things. Now, I want you to bear
• 43:25
  Speaker 2: with me because I want to talk to you about this.
• 43:26
  Speaker 2: Do you have the time? Do you have the time?
• 43:28
  Speaker 4: Sure.
• 43:29
  Speaker 2: All right. Hang on. All right. Because Alec is, I
• 43:33
  Speaker 2: think he's a really smart guy. I'm just going to
• 43:35
  Speaker 2: tell you. But I want to give him my scenario
• 43:37
  Speaker 2: because it's always, these people always think, oh, it's easier
• 43:41
  Speaker 2: for the generation before them. And I don't always buy that.
• 43:45
  Speaker 2: I'll be right back. Stay tuned.