Latest / Brian Thomas / 55KRC Monday Show - Smitherman, Money Monday

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55KRC Monday Show - Smitherman, Money Monday · Brian Thomas

• 0:00
  Speaker 1: 505.
• 0:10
  Speaker 2: 55KRC. The Talk Station. Monday.
• 0:13
  Speaker 3: Like it or not. I'm the dude, man.
• 0:31
  Speaker 2: And as I always point out, I'm not. I'm Brian Thomas,
• 0:33
  Speaker 2: host of the 55KRC Morning Show, and I'm wishing everyone
• 0:36
  Speaker 2: a very happy Monday. I hope you have a good weekend. Anyway,
• 0:39
  Speaker 2: I did, and thanks to my family for that. Christopher
• 0:41
  Speaker 2: Smitherman coming up at 7.20 every Monday with the former
• 0:43
  Speaker 2: vice mayor of the city of Cincinnati, and I am
• 0:45
  Speaker 2: certainly looking forward to having him back on the program today.
• 0:48
  Speaker 2: Got a text from him just yesterday talking about that
• 0:50
  Speaker 2: four-year-old that got shot. Just a heartbreaking reality. Gun violence
• 0:54
  Speaker 2: is awful, and of course, got a real problem with
• 0:56
  Speaker 2: it in Cincinnati, just Staying up on top of it.
• 0:59
  Speaker 2: And Money Monday with Brian James. It is Monday. We
• 1:01
  Speaker 2: do that every Monday at 8.05. Today we'll talk about
• 1:03
  Speaker 2: the Fed rate hike. Is it coming? Regular topic with
• 1:07
  Speaker 2: Brian James with Money Monday. Do retirees have enough money?
• 1:10
  Speaker 2: And finally, third topic, Bitcoin is back. I didn't realize
• 1:13
  Speaker 2: it went anywhere. Question, should you buy some? All right. Question,
• 1:20
  Speaker 2: should you call the 55KRC Morning Show?
• 1:22
  Speaker 3: Of course.
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  Speaker 2: Love hearing from listeners. 513-749-5500, 800-823-TALK, pound 550 on AT &
• 1:27
  Speaker 2: T phones. Looks like we're trying to take over Venezuela's
• 1:32
  Speaker 2: proven oil reserves. A couple of problems swirling around on that.
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  Speaker 2: The president there, some say unelected, illegitimate, Elsie Rodriguez. So
• 1:41
  Speaker 2: is she going to be around? Ted Cruz calling for
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  Speaker 2: elections there next year, as early as maybe the middle
• 1:46
  Speaker 2: of next year. What happens if she's out? What happens
• 1:49
  Speaker 2: if the Venezuelans reject the United States' involvement in the
• 1:53
  Speaker 2: oil industry there? Donald Trump's not going to be in
• 1:55
  Speaker 2: office in 2029. Going to have a new election. He's
• 1:58
  Speaker 2: not going to be around. Will whoever is president continue
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  Speaker 2: along this? And can you get any of the major
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  Speaker 2: oil companies to even invest in Venezuela? Because there are
• 2:06
  Speaker 2: significant legal challenges and regulatory challenges dealing with that particular
• 2:09
  Speaker 2: form of government and what they've got on the books
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  Speaker 2: by way of laws and regs. Not really a welcoming
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  Speaker 2: environment for the oil company. So all kinds of problems
• 2:17
  Speaker 2: swirling around on that. We can get to that a
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  Speaker 2: little bit later. Listen, I know we're going in. Polling, polling, polling.
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  Speaker 2: We all are just jaded and cynical. In fact, the
• 2:25
  Speaker 2: article reporting on how the Republicans are behind, sadly, trailing
• 2:30
  Speaker 2: in eight battleground Senate races. That's a real clear politics aggregate, average.
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  Speaker 3: So.
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  Speaker 2: Republican strategist Terry Holt. The question is whether some of
• 2:42
  Speaker 2: these races can be saved with some miraculous turnout. That
• 2:48
  Speaker 2: apparently is going to be very expensive or whether or
• 2:50
  Speaker 2: not the mood in this country can be changed fundamentally.
• 2:52
  Speaker 2: They pointed out the mood is very sour. Economically speaking,
• 2:55
  Speaker 2: we've got the wars going on. We've got the trade
• 2:57
  Speaker 2: thing with Canada. We can go on and on and
• 2:58
  Speaker 2: on about the reasons we are souring on generally how
• 3:01
  Speaker 2: we feel here. Alaska.
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  Speaker 4: Hmm.
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  Speaker 2: Down two points. Republicans are behind two points in Alaska,
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  Speaker 2: 7.5 in Georgia. Remember, these are all Senate races, 2.3
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  Speaker 2: points behind in Maine, 1.8 behind in Michigan, 2.6 in Ohio.
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  Speaker 2: That's got me frightened. Two points in New Hampshire, eight
• 3:17
  Speaker 2: points in North Carolina and behind 1.9 points in Texas. Uh,
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  Speaker 2: the only bright spot here apparently is Iowa. We have
• 3:24
  Speaker 2: a slight lead in the Senate race there. So here's
• 3:29
  Speaker 2: what happened. The, um, Echelon pollster, a guy named Rick Ruffini,
• 3:32
  Speaker 2: taking a look at this and whether or not we
• 3:34
  Speaker 2: can rely on these, 3,312 polls had, on average, overestimated
• 3:40
  Speaker 2: Democrats by 3.7 points. That's over the past four election cycles.
• 3:45
  Speaker 2: Over the summer, he determined that when analyzing these polls,
• 3:48
  Speaker 2: the error rate is 5.9 percentage point advantage to Democrats.
• 3:52
  Speaker 2: So that erodes the leads that the Democrats appear to
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  Speaker 2: have in these Senate races. But the point being, It's
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  Speaker 2: too damn close. And you've got these Democrats running on socialism,
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  Speaker 2: running on envy. And with that, Alan West, the gospel
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  Speaker 2: of envy. He did a wonderful job sewing up everything
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  Speaker 2: we've been talking about in terms of socialism and Marxism.
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  Speaker 2: It is built on envy, one of the seven deadly sins.
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  Speaker 2: He starts with a couple of quotes from Winston Churchill.
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  Speaker 2: The inherent vice of capitalism is the unequal sharing of
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  Speaker 2: the blessings. The inherent virtue of socialism is the equal
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  Speaker 2: sharing of miseries. Quote from 1945. Then followed up by
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  Speaker 2: socialism is the philosophy of failure, the creed of ignorance,
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  Speaker 2: and a gospel of envy. Churchill in 1948. Alan West writes,
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  Speaker 2: these two quotes from Sir Winston Churchill simplify the Marxist
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  Speaker 2: economic model of socialism. The leftists embrace a belief that
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  Speaker 2: they can provide an equality of blessings. They call it equity.
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  Speaker 2: It is an unachievable goal, but it seeks to capitalize
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  Speaker 2: on ignorance and one of the seven deadly sins, envy.
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  Speaker 2: What Marx created, especially being an atheist, was an ideology
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  Speaker 2: that leveraged a basic human sinful emotion, envy, sadness or
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  Speaker 2: resentment over the traits, luck, or possession of others, in
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  Speaker 2: order to foment class warfare and eventual societal revolution. It's
• 5:24
  Speaker 2: a philosophy of failure because you cannot make an entire
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  Speaker 2: society equal. You end up retarding individual advancement, achievement, and
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  Speaker 2: entrepreneurial spirit. Worst of all, you demonize personal accomplishment. This
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  Speaker 2: insidious Marxist design to assail and attack those who have
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  Speaker 2: earned and shared benefits is truly sinful. Socialism embodies a
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  Speaker 2: godlike belief that they, man, government, can better determine what
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  Speaker 2: you do with your production that you can't. And it
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  Speaker 2: targets certain individuals, creating an atmosphere of anger and angst
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  Speaker 2: towards them for achieving success. Marxists do not believe that
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  Speaker 2: we should have valedictorians and salutatorians in graduations. They're targets
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  Speaker 2: of envy. Barack Hussein Obama once dismissed American entrepreneurship when
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  Speaker 2: in 2012 he angrily said, if you've got a business,
• 6:16
  Speaker 2: you didn't build that. The very basic tenet of the
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  Speaker 2: Marxist economic model of socialism is wealth redistribution. It is
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  Speaker 2: the failed philosophy of from each according to their ability
• 6:28
  Speaker 2: to each according to their need. It has been marketed
• 6:30
  Speaker 2: as paying your fair share. But to whom does this
• 6:36
  Speaker 2: premise apply? In New York City, Bodega store owners have
• 6:41
  Speaker 2: now brought a lawsuit against Marxist Mayor Zoran Mamdami. His
• 6:44
  Speaker 2: whole scheme of government-run grocery stores directly and unfairly targets
• 6:48
  Speaker 2: them and would undermine their business. See, when he was
• 6:51
  Speaker 2: running for mayor, those same store owners probably supported him
• 6:56
  Speaker 2: because the gospel of envy sounded enticing. Now they realize
• 7:00
  Speaker 2: this folly affects them. This is unfair competition for taxpayer-funded
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  Speaker 2: grocery stores to enter the free market. Government-run grocery stores
• 7:10
  Speaker 2: do not have to contend with profit margins. They just
• 7:12
  Speaker 2: raise taxes in order to generate operating capital. And we
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  Speaker 2: all can go back and see pictures of government-run grocery
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  Speaker 2: stores from the Soviet Union.
• 7:22
  Speaker 4: Oops.
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  Speaker 2: We don't need to go back that far. We can
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  Speaker 2: see the same in Kansas City, where the same concept failed.
• 7:30
  Speaker 2: Abdul El-Sayed talks about Medicare for All because... Well, we
• 7:34
  Speaker 2: should all be on government health care. How dare you
• 7:37
  Speaker 2: have people who can have their own private insurance? So,
• 7:40
  Speaker 2: who then decides on what medical procedures Americans can have
• 7:43
  Speaker 2: and when? Alan West writes, I am on Medicare now
• 7:47
  Speaker 2: and recently had hip replacement surgery. When the entire country
• 7:50
  Speaker 2: is added to the rolls, what will happen to the
• 7:53
  Speaker 2: quality of care for those who are Medicare recipients? Who
• 7:58
  Speaker 2: decides the reimbursement rates for doctors? And if there is
• 8:01
  Speaker 2: only a single-payer system, You will have no choice. Remember
• 8:06
  Speaker 2: that lie from Obamacare about keeping your docker?
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  Speaker 1: Yeah.
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  Speaker 2: Who must pay their fair share? Senator Bernie Sanders is,
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  Speaker 2: with his three homes, zipping around on private jets with
• 8:19
  Speaker 2: American version of Evita Peron, Democrat Representative Alexandria Ocasio-Cortez. I
• 8:24
  Speaker 2: would like to see these Marxists tell Charles Barkley that
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  Speaker 2: he has to pay his fair share, or Shaquille O'Neal.
• 8:30
  Speaker 2: who has built a pretty nice franchise of Papa John's
• 8:33
  Speaker 2: pizza businesses. Will George Soros, Tom Steyer, and all the
• 8:37
  Speaker 2: other funders of Marxist causes be told to pay their
• 8:41
  Speaker 2: fair share? Maybe the Marxists should show up at the
• 8:44
  Speaker 2: NFL and NBA drafts and tell those players what their
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  Speaker 2: fair share is. How about those so-called movie stars and entertainers?
• 8:52
  Speaker 2: Shall the Marxists be dictating to them their salaries and
• 8:55
  Speaker 2: prices for their concerts? After all, Why should they get
• 8:58
  Speaker 2: to make all this money for playing make-believe or just singing?
• 9:02
  Speaker 2: Why can't we just see them and hear their songs
• 9:05
  Speaker 2: for free? You know, free stuff. I doubt that will
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  Speaker 2: happen because these disciples of Karl Marx are only referring
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  Speaker 2: to their political opposition when they preach their gospel of envy.
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  Speaker 2: They never tell the truth that everyone will be caught
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  Speaker 2: up in the web of lies, deceit, and deception. They
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  Speaker 2: never tell everyone of the real cost of their goal
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  Speaker 2: of equal blessings, which results in shared miseries. Marxists are
• 9:32
  Speaker 2: often these rich, spoiled intellectual elites, the kids nobody picked
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  Speaker 2: to play, who seek power, dominion, and control over others.
• 9:40
  Speaker 2: I mean, the mayor of Seattle was living with her
• 9:41
  Speaker 2: wealthy parents, and she's now facing a recall effort. Isn't
• 9:44
  Speaker 2: it ironic that these folks like Bernie Sanders, who has
• 9:48
  Speaker 2: never held a job, declare themselves champions of the working class?
• 9:53
  Speaker 2: And again, how did old Bernie acquire those three houses?
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  Speaker 2: I have only one house, and I don't envy him.
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  Speaker 2: Americans must not fall for the gospel of envy, and
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  Speaker 2: that means we cannot fall prey to the creed of ignorance.
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  Speaker 2: But this is also an objective of Marxists. State-controlled education,
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  Speaker 2: one of the communist planks of Marx's, in order to
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  Speaker 2: produce the next generation of mindless lemmings and useful idiots.
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  Speaker 2: Now pause for a moment and reflect on the state
• 10:24
  Speaker 2: of American education. Children who can't even read at like
• 10:30
  Speaker 2: 5th grade, 6th grade, 8th grade levels, and they find
• 10:32
  Speaker 2: themselves in college taking remedial classes. I think that proves
• 10:35
  Speaker 2: the point really quite nicely. Anyway, back to Alan West.
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  Speaker 2: This is why parents who showed up at school board
• 10:42
  Speaker 2: meetings demanding better education for their children were branded as
• 10:45
  Speaker 2: domestic terrorists by the Biden administration. This is why Marxists
• 10:49
  Speaker 2: are against educational freedom, actually any kind of freedom, and
• 10:53
  Speaker 2: parental choice in education. They need the creed of ignorance
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  Speaker 2: to proliferate. Hey, young people, free does not equal freedom,
• 11:02
  Speaker 2: and perhaps you should stop listening to these Marxists getting worthless,
• 11:06
  Speaker 2: ignorant degrees in women's studies and DEI bovine excrement. Well stated.
• 11:13
  Speaker 2: America must reject the gospel of envy. There are 32
• 11:17
  Speaker 2: teams in the NFL, but only one will win the
• 11:19
  Speaker 2: Super Bowl. There are countless college football teams, but only
• 11:22
  Speaker 2: one will win the national championship. There are many teams
• 11:25
  Speaker 2: in Major League Baseball, but only one will win the
• 11:28
  Speaker 2: World Series. But all these teams have the blessing of
• 11:31
  Speaker 2: being able to compete. That is the American way. No
• 11:35
  Speaker 2: one can make all these teams equal. And truthfully, we
• 11:38
  Speaker 2: do not want our teams to be just like the others.
• 11:42
  Speaker 2: In his famous speech to the U.S. 3rd Army, General
• 11:44
  Speaker 2: George Patton said, quote, Americans love a winner and will
• 11:48
  Speaker 2: not tolerate a loser, close quote. Socialism is indeed a
• 11:52
  Speaker 2: philosophy of failure best suited for losers, and its intention
• 11:59
  Speaker 2: is to make victims. America, our free market system, makes victors,
• 12:05
  Speaker 2: and only losers, Marxists, envy victors. Alan West. And it's
• 12:12
  Speaker 2: so true, and I stare at the fast-approaching November election
• 12:18
  Speaker 2: and this apathy that's out there and the idea that
• 12:20
  Speaker 2: people are not going to vote. I saw an exchange
• 12:23
  Speaker 2: the other day, another one about Ramaswamy and Acton. Someone
• 12:26
  Speaker 2: said something really nasty about Vivek Ramaswamy, and someone followed
• 12:30
  Speaker 2: up and said, knowing this person was traditionally conservative, are
• 12:32
  Speaker 2: you planning on voting for Acton? Hell no. That's a
• 12:36
  Speaker 2: person who's sitting it out. That's a person who's not
• 12:38
  Speaker 2: going to show up. That's a person who's going to
• 12:40
  Speaker 2: fall victim to the socialist mentality because they didn't bother
• 12:43
  Speaker 2: casting a vote. We're going to be controlled by socialists,
• 12:46
  Speaker 2: and once they get into power, if we don't win
• 12:48
  Speaker 2: in November, the House and Senate up for grabs. The
• 12:52
  Speaker 2: Senate will turn Democrat. They will get rid of the filibuster.
• 12:56
  Speaker 2: They will go immediate 51 does it, and that's over
• 12:59
  Speaker 2: and done with, and they're going to enshrine into law
• 13:01
  Speaker 2: things that will ruin America for, well, maybe forever. Is
• 13:05
  Speaker 2: this the direction we want to go? Is this the
• 13:09
  Speaker 2: kill the goose that laid the golden egg moment in
• 13:12
  Speaker 2: time here in the United States of America? I worry
• 13:15
  Speaker 2: about that. I know a lot of people are worried
• 13:18
  Speaker 2: about that. And the only way you're going to stop
• 13:20
  Speaker 2: that from happening is to get off your butt, hold
• 13:22
  Speaker 2: your nose, and maybe vote for someone who doesn't necessarily
• 13:24
  Speaker 2: appeal to you. But it's better than the alternative. 518-55-KERCY,
• 13:29
  Speaker 2: Talk Station. Tim's on the line. Tim, I'm taking your
• 13:31
  Speaker 2: call as soon as we get back. If you don't
• 13:32
  Speaker 2: mind holding for a moment, I will be right back. Monday,
• 13:35
  Speaker 2: try to make it so anyway. 513- 749-5500-8823. Talk on
• 13:38
  Speaker 2: 550 on AT & T phones. Don't forget the website, 55KRC. iheart. com.
• 13:44
  Speaker 2: Check out my conversation with Congressman David Taylor, my full
• 13:47
  Speaker 2: hour and studio with private citizen Brad Winstrup, and Jack
• 13:51
  Speaker 2: Windsor from the Ohio Press Network. Over to the phones. Tim,
• 13:53
  Speaker 2: thank you so much for holding over the break. Welcome
• 13:54
  Speaker 2: to the show, sir.
• 13:56
  Speaker 1: Well, how was the weekend for you?
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  Speaker 2: Good? It was a good weekend, Tim, I got to
• 14:00
  Speaker 2: tell you. Yes, I had a very nice weekend.
• 14:03
  Speaker 1: Well, yeah, when you're retired, all weekends are good. I've
• 14:05
  Speaker 1: been retired a year, July 31st. I retired from a
• 14:09
  Speaker 1: water department, Butler County Water, but I don't miss it
• 14:13
  Speaker 1: one bit. I bet. And then I was out in
• 14:15
  Speaker 1: the private sector for 12 years, so I know both
• 14:18
  Speaker 1: ways how things go.
• 14:20
  Speaker 2: Well, congratulations for making it to the finish line, Tim.
• 14:22
  Speaker 2: I hope you enjoy all of your retirement.
• 14:25
  Speaker 1: Well, here's one thing in common. Your dad passed from
• 14:28
  Speaker 1: Alzheimer's and so did mine. My dad passed in 2008
• 14:31
  Speaker 1: from horrible disease, and he passed on February 2nd, 2008,
• 14:36
  Speaker 1: Groundhog's Day. What a day to remember.
• 14:39
  Speaker 2: No kidding.
• 14:40
  Speaker 1: Yeah.
• 14:41
  Speaker 2: I'm sorry for your loss, man.
• 14:43
  Speaker 1: Well, yeah, I mean, they say it's plaque on the brain. Well,
• 14:47
  Speaker 1: I drank a lot of coffee with two shots of Dr. Pepper.
• 14:50
  Speaker 1: The doctor helps. But, you know, it's a horrible disease.
• 14:55
  Speaker 1: You know, we lost him before we lost him. And
• 14:58
  Speaker 1: he only lasted four months in a nursing home, which
• 15:00
  Speaker 1: was a blessing there.
• 15:02
  Speaker 2: That is a nefarious disease. Absolutely.
• 15:05
  Speaker 3: Yeah. Yeah.
• 15:05
  Speaker 1: Well, hopefully we'll knock on wood and we won't get
• 15:08
  Speaker 1: that problem ourselves. You know, I don't know. You just
• 15:13
  Speaker 1: got to stay active, be active with your mind.
• 15:15
  Speaker 4: Which I am.
• 15:16
  Speaker 1: I play guitar, drums, and bass guitar. That keeps me going.
• 15:21
  Speaker 2: Tim, I appreciate your backstory, but you called about a
• 15:24
  Speaker 2: point in politics or what's going on in the world.
• 15:27
  Speaker 5: Yeah, yeah, yeah.
• 15:28
  Speaker 1: Okay. Let's not forget Joe Obama created this message that
• 15:32
  Speaker 1: Trump is trying to solve. Obama had his third term
• 15:36
  Speaker 1: while Joe was just in the background wandering around. So
• 15:41
  Speaker 1: Trump has faults here and there. We all do. But
• 15:44
  Speaker 1: he's trying to fix this mess that Joe Obama created.
• 15:48
  Speaker 1: So just remember, going into second term, gas got up
• 15:52
  Speaker 1: to 545, 87 octane. It's what, 377, something like that
• 15:55
  Speaker 1: right now? It was 545, him going into second term
• 15:58
  Speaker 1: of his.
• 16:05
  Speaker 6: So, yeah.
• 16:06
  Speaker 2: Well, and, you know, different reasons for the varying prices
• 16:08
  Speaker 2: and fluctuations of gasoline. This one is related to the
• 16:11
  Speaker 2: Strait of Hormuz, the spike we've got right now. And
• 16:13
  Speaker 2: I get it, but it is not a supply-based thing.
• 16:16
  Speaker 2: The green energy folks, the Obama plan, as taken over
• 16:20
  Speaker 2: by Biden to get us all off of fossil fuels,
• 16:23
  Speaker 2: intentionally causing the price of oil to go up. This
• 16:26
  Speaker 2: was at their own hand by virtue of their own
• 16:29
  Speaker 2: regulations and policies. One, you have a clear blame you
• 16:32
  Speaker 2: can lay right there at the feet of the Green
• 16:34
  Speaker 2: New Deal folks. And the other one, well, a conflict
• 16:37
  Speaker 2: with the Iranian terrorist entity, which is obviously wreaking havoc
• 16:41
  Speaker 2: on the global oil flow. So I think we know
• 16:46
  Speaker 2: where the villains are lurking. And I think that's something
• 16:49
  Speaker 2: that needs to be stated more often. Intentionally increasing the
• 16:52
  Speaker 2: price of gas, going back to Barack Obama back when
• 16:54
  Speaker 2: he was president. The price of gasoline will necessarily increase.
• 16:58
  Speaker 2: There's a reason for that, because we don't want you
• 17:00
  Speaker 2: to use it anymore. Go ahead, vote for more of that, folks. 525-55-KRC,
• 17:06
  Speaker 2: the talk station. Local stories coming up. More phone calls
• 17:08
  Speaker 2: are always welcome. I appreciate hearing from you. Either way,
• 17:10
  Speaker 2: I'll be right back.
• 17:11
  Speaker 4: This is 55-KRC.
• 17:13
  Speaker 2: 513-749-5500, 800-823-TALK, 950 on AT & T phone. Over to
• 17:19
  Speaker 2: the phones. Let's see what Corey's got this morning. Corey,
• 17:22
  Speaker 2: welcome back to the 55-KRC Morning Show.
• 17:25
  Speaker 4: Hey, good morning, Brian.
• 17:27
  Speaker 5: I had the opportunity to see Vivek at the Allen
• 17:29
  Speaker 5: County Fair yesterday.
• 17:30
  Speaker 2: Saturday oh yeah my daughter and her husband and my
• 17:33
  Speaker 2: son were all up there for that did you did
• 17:36
  Speaker 2: you see the demolition derby i hate to go down
• 17:39
  Speaker 2: that road but they were telling me they were all
• 17:40
  Speaker 2: excited to go to the demolition derby i did not.
• 17:44
  Speaker 5: Stay for the demolition i took my four-year-old grandson to
• 17:47
  Speaker 5: the fair and uh and while i was there i
• 17:49
  Speaker 5: did not know the vague was going to be there
• 17:51
  Speaker 5: until my wife called and told me about he was
• 17:53
  Speaker 5: going to be there so we stuck around and and
• 17:55
  Speaker 5: uh and seen him to give a speech at the
• 17:57
  Speaker 5: republican headquarters and uh It had a turnout, I'd say,
• 18:01
  Speaker 5: around probably 50 people were gathered around the booth to
• 18:05
  Speaker 5: watch him. And a couple of media outlets were there,
• 18:08
  Speaker 5: local news, of course. But my issue is I took
• 18:12
  Speaker 5: a picture, posted it on my Facebook page, and a
• 18:14
  Speaker 5: lot of my conservative friends, they're bashing me. And honestly,
• 18:19
  Speaker 5: I don't understand it. Everybody's saying he's a shill and
• 18:22
  Speaker 5: he's not one of us. And I asked them all,
• 18:25
  Speaker 5: are you going to vote for Amy Acton?
• 18:27
  Speaker 6: And, of course, they say no.
• 18:29
  Speaker 5: The backlash to him is very surprising.
• 18:35
  Speaker 3: It's sad.
• 18:36
  Speaker 5: I think he'll be a great governor. But just the
• 18:41
  Speaker 5: amount of backlash I've seen from it is very, very disappointing.
• 18:45
  Speaker 5: And it makes me afraid of the election in November.
• 18:49
  Speaker 2: I share your concerns, Corey, all day long. I don't
• 18:52
  Speaker 2: get it. I see those types of comments all the time.
• 18:54
  Speaker 2: And let us contemplate what you just said. He's not
• 18:57
  Speaker 2: one of us. What in God's name does that mean?
• 19:03
  Speaker 5: I know some people have said this, that because he's
• 19:07
  Speaker 5: a billionaire, he don't know what we are going through.
• 19:10
  Speaker 2: Oh, so class warfare against the Republican nominee for governor
• 19:14
  Speaker 2: of the state of Ohio? I mean, we're going to
• 19:16
  Speaker 2: fault him for being a successful businessman? I thought we
• 19:19
  Speaker 2: used to run on stuff like that, conservative-minded people.
• 19:22
  Speaker 7: Go ahead.
• 19:25
  Speaker 5: One of the faults I think that the bank might
• 19:27
  Speaker 5: be bringing home itself goes with the property tax issue. Because,
• 19:31
  Speaker 5: of course, he took question and answers in the crowd.
• 19:34
  Speaker 5: And that came up. And he goes back, you know,
• 19:37
  Speaker 5: putting property tax back to what it was prior. But
• 19:41
  Speaker 5: I think to a lot of people, that isn't good enough.
• 19:44
  Speaker 5: But the price of energy and just taxes overall, people
• 19:50
  Speaker 5: want someone to give us a break and just simply
• 19:55
  Speaker 5: rolling it back to what it was previously isn't going
• 19:57
  Speaker 5: to quite cut it. I think that is hurting on
• 19:59
  Speaker 5: that point.
• 20:01
  Speaker 2: I understand that maybe not isn't quite enough for some people.
• 20:05
  Speaker 2: We want to roll the property tax. We want to
• 20:06
  Speaker 2: get rid of the property taxes. Whatever the idea is
• 20:08
  Speaker 2: to be most palatable to the people who don't like
• 20:10
  Speaker 2: Ramaswamy's idea of rolling it back to 2019 levels, it's
• 20:13
  Speaker 2: a start. Pivot over to the opposition. What's Amy Acton
• 20:16
  Speaker 2: offering by way of property tax relief? Corey, do you
• 20:18
  Speaker 2: have any idea there? Right.
• 20:21
  Speaker 4: No, you don't.
• 20:22
  Speaker 2: No, you don't. But it's a step. It is a campaign.
• 20:29
  Speaker 2: It's a pledge, maybe. It's an idea. It's a concept
• 20:32
  Speaker 2: that goes in the right direction, i.e. lowering taxes. It
• 20:35
  Speaker 2: may not be the only solution. It may not be
• 20:37
  Speaker 2: the only option. It may be one step in the
• 20:39
  Speaker 2: direction of getting rid of them here in the state
• 20:41
  Speaker 2: of Ohio. All I know is it's a better option
• 20:43
  Speaker 2: than Amy Acton's offering, which is hiding in her basement
• 20:46
  Speaker 2: and not running a proper campaign, not debating, and not
• 20:49
  Speaker 2: telling us what she's actually planning on accomplishing if she
• 20:52
  Speaker 2: gets elected as governor. So, you know, I don't understand it.
• 20:57
  Speaker 2: I really don't, Corey. I'm just beside myself in disbelief
• 21:00
  Speaker 2: that this race is even close. And back over to
• 21:06
  Speaker 2: the text I got from Smithman yesterday. Heartbreaking local here.
• 21:09
  Speaker 2: Four-year-old girl in critical condition got shot yesterday morning in
• 21:13
  Speaker 2: South Cumminsville. Police responded to Lilly Place 5 o'clock in
• 21:17
  Speaker 2: the morning on Sunday for reports of the shots fired.
• 21:22
  Speaker 2: Since I police say the victim was self-transported to the hospital.
• 21:26
  Speaker 2: Not clear what led to the shooting. Police have not
• 21:28
  Speaker 2: released any suspect information. Four-year-old. Come up with a reason
• 21:32
  Speaker 2: why a four-year-old should take a bullet. Court documents show
• 21:36
  Speaker 2: that an assistant principal at Aiken New Tech High School
• 21:39
  Speaker 2: has been charged with sexual battery of a student. According
• 21:42
  Speaker 2: to the Cincinnati Police Criminal Complaint, investigators allege 43-year-old Stephen
• 21:46
  Speaker 2: Barton engaged in unlawful sexual conduct with a 16-year-old. I
• 21:52
  Speaker 2: think we have an award to give out here, Joseph.
• 21:54
  Speaker 2: Police say the allegation is based on the student's detailed statement,
• 21:57
  Speaker 2: which investigators said was corroborated by school surveillance video and
• 22:01
  Speaker 2: Barton's own statements. Because Barton is a school administrator, the
• 22:05
  Speaker 2: alleged victim, a student at the school that charges elevated
• 22:07
  Speaker 2: a felony sexual battery under Ohio law. According to the records,
• 22:11
  Speaker 2: Barton allegedly touched the student with his exposed hand for
• 22:14
  Speaker 2: several minutes. Cincinnati Public Schools, of course, released their legally
• 22:20
  Speaker 2: approved statement. Barton waived his right to appear in court
• 22:23
  Speaker 2: on Friday, Cincinnati Police releasing his mugshot because investigators say
• 22:27
  Speaker 2: there could be more victims. So, if you are in
• 22:32
  Speaker 2: that school district, you might want to have a conversation
• 22:35
  Speaker 2: with your child.
• 22:37
  Speaker 8: Here he is, the biggest douche of the universe. In
• 22:42
  Speaker 8: all the galaxies, there's no bigger douche than you. You've
• 22:48
  Speaker 8: reached the top, the pinnacle of douche-dom.
• 22:52
  Speaker 2: Good going, douche.
• 22:54
  Speaker 8: Your dreams have come true.
• 22:59
  Speaker 2: Joe Strecker in my headset, openly questioning out loud. Gee,
• 23:01
  Speaker 2: I wonder how much money that guy makes since we've
• 23:04
  Speaker 2: had some pretty substantial salaries in public schools released of late.
• 23:08
  Speaker 2: Real quick here, a man has died after officials said
• 23:11
  Speaker 2: he went into the Ohio River for the purpose of
• 23:13
  Speaker 2: recovering his remote control boat. Edmond County Sheriff's Office said
• 23:17
  Speaker 2: the Miami Township Fire Department responded to Harbor Drive in
• 23:21
  Speaker 2: North Bend for a water rescue at 9.30 in the
• 23:23
  Speaker 2: evening Friday. They say a 35-year-old man went underwater while
• 23:26
  Speaker 2: trying to retrieve the remote control boat in the Ohio River.
• 23:29
  Speaker 2: After rescue efforts, the man's body was ultimately recovered by
• 23:33
  Speaker 2: dive teams at 1.30 in the morning Saturday. No foul
• 23:36
  Speaker 2: play is suspected. It is 5.36 right now. Stack of
• 23:39
  Speaker 2: stupid coming up or phone calls either way. We'll go
• 23:41
  Speaker 2: that way right after these words.
• 23:43
  Speaker 6: This is 55KRC, Deep Talk Station.
• 23:48
  Speaker 2: It is 540 here at 55KRC, Deep Talk Station. And
• 23:55
  Speaker 2: I do have a stack of stupid in front of me.
• 23:57
  Speaker 2: Feel free to call, though, if you'd rather talk. 513-749-5500, 800-823-TALK,
• 23:59
  Speaker 2: pound 550 on AT & T phones. Real quick here,
• 24:04
  Speaker 2: Kurt Hefner, who works at Sycamore Sporting Clays and my
• 24:06
  Speaker 2: shotgun shooting friends, if you've ever done... sporting clays at Sycamore.
• 24:10
  Speaker 2: It's a hell of a great time. I really enjoyed it.
• 24:12
  Speaker 2: I've been to many charitable fundraisers there, the juvenile diabetes
• 24:15
  Speaker 2: research foundation. One of them, matter of fact, we came
• 24:17
  Speaker 2: in third, my team and I, uh, several years ago,
• 24:21
  Speaker 2: we didn't, we didn't follow up the following year, uh,
• 24:25
  Speaker 2: and defended our third place victory. So we, uh, got
• 24:28
  Speaker 2: shot down on that one, no pun intended, but there's
• 24:30
  Speaker 2: an event coming up that Kurt wanted me to let
• 24:32
  Speaker 2: you know about. And I'm happy to do it because
• 24:33
  Speaker 2: I've had the good pleasure of of actually shooting with
• 24:36
  Speaker 2: Navy SEALs before. This is a sporting clay event. You
• 24:39
  Speaker 2: can shoot with the Navy SEALs and benefit charity. Second
• 24:43
  Speaker 2: biennial Navy SEALs take on Cincinnati. September 25th at the
• 24:48
  Speaker 2: Sycamore Sporting Clays, which is on Lower Lewis Road. It's
• 24:52
  Speaker 2: right off of 275. So Ward's Corner specifically, you go
• 24:57
  Speaker 2: south on Ward's Corner down and take a ride on
• 24:59
  Speaker 2: Lower Lewis, and you're pretty much there. So it's a
• 25:01
  Speaker 2: great opportunity. Registration, noontime on the 25th of September, 1 p.m.
• 25:06
  Speaker 2: shotgun start. No pun intended on that either. Now, it
• 25:10
  Speaker 2: does benefit the museum, the Navy SEAL Museum. It's a
• 25:15
  Speaker 2: pricey thing. It's $ 400 for an individual. You've got a foursome.
• 25:18
  Speaker 2: It's $ 1, 500. Reserve your space at NavySEALmuseum.org. slash STCincinnati. I'll
• 25:24
  Speaker 2: ask Joe to add this website to my blog, page55KRC. com.
• 25:28
  Speaker 2: But it should be great if you've ever had an
• 25:30
  Speaker 2: opportunity to meet the Navy SEALs. Those guys were, the
• 25:32
  Speaker 2: ones I met anyway, were just cream of the crop guys.
• 25:37
  Speaker 2: Guys you definitely want to hang out with for an
• 25:39
  Speaker 2: afternoon and squeeze off some rounds. Anyway, over to this
• 25:42
  Speaker 2: stack of stupid. Shortly after walking out of a divorce hearing,
• 25:47
  Speaker 2: a woman allegedly ran over her husband and his motorcycle
• 25:50
  Speaker 2: in the courthouse parking lot. gets better, before pulling out
• 25:55
  Speaker 2: a knife and stabbing him.
• 25:58
  Speaker 4: What?
• 26:01
  Speaker 2: I'm having major flashbacks to my days in domestic relations court,
• 26:04
  Speaker 2: although I never witnessed any violence on this level. Anyway,
• 26:06
  Speaker 2: according to court records and probable cause affidavit, witness told
• 26:10
  Speaker 2: police about 3 p.m., a little bit after, August 24th,
• 26:13
  Speaker 2: Adriana Cisneros Valesquez, or Valesquez, either way, walked out of
• 26:19
  Speaker 2: the Lake County Government Center after a divorce hearing with
• 26:21
  Speaker 2: her soon-to-be ex-husband. Witness claimed that she entered her car,
• 26:26
  Speaker 2: spotted her husband on his motorcycle, and, quote, accelerated and
• 26:29
  Speaker 2: directly aimed at him, close quote. Victim launched into the
• 26:33
  Speaker 2: air as a Velazquez reportedly crashed her car, which was
• 26:37
  Speaker 2: then immobilized. She got out of the vehicle. That's when
• 26:40
  Speaker 2: she pulled out a knife and stabbed him in the
• 26:43
  Speaker 2: bicep before he was able to disarm her. Witnesses stepped
• 26:51
  Speaker 2: in to break up the fight. Police arrived soon after,
• 26:54
  Speaker 2: took both parties to the hospital. Victim suffered a stab wound,
• 26:57
  Speaker 2: sprained wrist, and multiple scrapes and cuts from being dragged
• 27:00
  Speaker 2: by her car, or vehicle anyway. She was arrested, charged
• 27:04
  Speaker 2: with attempted murder and two counts of aggravated battery, domestic
• 27:07
  Speaker 2: battery by means of a deadly weapon. Till death do
• 27:13
  Speaker 2: us part, Joe. Maybe that was what she was trying
• 27:17
  Speaker 2: to accomplish. What if they took a vow before God?
• 27:26
  Speaker 2: Just asking out loud for a friend. Let's go to Wisconsin.
• 27:31
  Speaker 2: 18-year-old accused of fatally shooting a woman during a road
• 27:35
  Speaker 2: rage confrontation because she was, in our words, having a
• 27:40
  Speaker 2: bad day. Just walk away. Wisconsin Circuit Court records show
• 27:46
  Speaker 2: this woman Maria Ruiz, charged of first-degree reckless homicide by
• 27:54
  Speaker 2: the use of a dangerous weapon. The report Ruiz killed
• 27:58
  Speaker 2: 44-year-old Minerva Hernandez-Lopez after the two women got into an argument.
• 28:02
  Speaker 2: This happened in the middle of August. Media outlet reported
• 28:05
  Speaker 2: that prosecutors said Ruiz cut off Hernandez-Lopez's car while Ruiz
• 28:09
  Speaker 2: and a 16-year-old passenger were driving to the grocery store.
• 28:14
  Speaker 2: Hernandez-Lopez allegedly flicked Ruiz off. That's in quotes, according to
• 28:18
  Speaker 2: the complaint.
• 28:19
  Speaker 4: What?
• 28:20
  Speaker 2: Two drivers also reportedly exchanged words, I bet they did,
• 28:23
  Speaker 2: with the passenger telling investigators Ruiz threatened to call immigration
• 28:26
  Speaker 2: authorities after Hernandez Lopez spoke to her in Spanish. Ruiz
• 28:32
  Speaker 2: followed Hernandez Lopez before she, Hernandez Lopez, backed into the
• 28:36
  Speaker 2: front of Ruiz's car, and that's when Ruiz allegedly shot her.
• 28:43
  Speaker 2: She later surrendered to police, admitted to shooting the woman.
• 28:45
  Speaker 2: Investigators said Ruiz told them that she had been having
• 28:47
  Speaker 2: a bad day after an argument with her mom. Held
• 28:50
  Speaker 2: on a $ 100, 000 cash bond. Five. Just walk away. 45. 55KRC,
• 29:00
  Speaker 2: the talk station. Sound advice, Joe Strecker. Sound advice. Joint pain.
• 29:05
  Speaker 2: When somebody you love is living with joint pain and
• 29:07
  Speaker 2: it obviously.
• 29:08
  Speaker 4: 55KRC, the talk station.
• 29:12
  Speaker 2: 550. 55KRC, the talk station. Back to the stack of stupid.
• 29:19
  Speaker 2: Looking forward to having Christopher Smithman return to the program
• 29:21
  Speaker 2: at 720, as is always the case on a Monday. And,
• 29:23
  Speaker 2: of course, Monday, Monday is Brian James. Sands phone calls.
• 29:26
  Speaker 2: We go to Montclair, California, where a Pabst Blue Ribbon
• 29:31
  Speaker 2: truck has been stolen. 50,000 cans of Pabst Blue Ribbon
• 29:36
  Speaker 2: beer disappeared. according to a release by Pabst. Last seen
• 29:40
  Speaker 2: August 17, the entire shipment. It didn't arrive at its
• 29:43
  Speaker 2: delivery appointment. Truck carrying 1,602 cases of beer. Again, 50,000 cans,
• 29:48
  Speaker 2: 40,000 pounds weight. Company said they offer a reward to
• 29:53
  Speaker 2: anyone who can provide information about the whereabouts of the truck.
• 29:55
  Speaker 2: According to Pabst, to the thief, We don't fault you
• 29:58
  Speaker 2: for wanting to brag to your friends how much PBR
• 30:01
  Speaker 2: you have. We just wish you obtained it the honorable way.
• 30:04
  Speaker 2: Pabst is officially starting the clock now. You have exactly
• 30:08
  Speaker 2: 18 days and 44 minutes to return our truck. No
• 30:11
  Speaker 2: questions asked. Leading up to that time, we'll be offering
• 30:15
  Speaker 2: a reward to anybody who can help solve the mystery.
• 30:18
  Speaker 2: They didn't say how much the reward was. Or did
• 30:22
  Speaker 2: provide any details on why the 18 days timeline was identified, so...
• 30:27
  Speaker 2: You can use your own thoughts on that one. Anyway,
• 30:31
  Speaker 2: $ 45, 000 value of this shipment. Last seen at the Anheuser-Busch
• 30:37
  Speaker 2: Distribution Center. Shipment contained 1,400 cases of PBR, 200 cases
• 30:42
  Speaker 2: of Old Milwaukee non-alcoholic beverage. That's exactly what I was thinking, Joe.
• 30:52
  Speaker 2: Why bother? They probably got the truck open whatever destination
• 30:58
  Speaker 2: they landed at and opened up the truck.
• 30:59
  Speaker 4: It's like, oh, jeez.
• 31:02
  Speaker 2: You steal a water truck next time, there's an option.
• 31:05
  Speaker 2: Same thing, right? Flavored water. That will be your Milwaukee,
• 31:11
  Speaker 2: old Milwaukee non-alcoholic. Anyway, the company said, quote, they don't
• 31:16
  Speaker 2: know exactly what the truck looked like. We realize how
• 31:19
  Speaker 2: ridiculous that sounds, but it's the truth. To the masterminds
• 31:23
  Speaker 2: behind what might be the greatest beer heist of our generation,
• 31:26
  Speaker 2: we get it. But can we have our truck back, please?
• 31:30
  Speaker 2: At least they're good-natured about it. Maybe this woman has
• 31:39
  Speaker 2: some connection with it. Maybe we should go to Manassas Park,
• 31:42
  Speaker 2: Virginia and ask this Virginia high school teacher who got
• 31:45
  Speaker 2: arrested last week And has been charged with being drunk
• 31:48
  Speaker 2: in public after police say she was intoxicated on school
• 31:51
  Speaker 2: grounds at the Manassas Park High School. As is tradition.
• 31:55
  Speaker 2: 7.30 in the morning. Staff member notified the school resource
• 31:58
  Speaker 2: officer that this teacher appeared to be intoxicated. Officer contacted
• 32:03
  Speaker 2: the teacher and determined that she wasn't just intoxicated, that
• 32:06
  Speaker 2: she was highly intoxicated.
• 32:09
  Speaker 4: What?
• 32:09
  Speaker 2: Who are we talking about? 40-year-old Shannon Sanders of Clifton, Virginia.
• 32:14
  Speaker 2: Arrested and charged with... Here's the charge. drunk in public,
• 32:19
  Speaker 2: taken to Prince William County Adult Detention Center, and police
• 32:23
  Speaker 2: apparently held her until she was sober. No students were
• 32:27
  Speaker 2: in danger, which is fortunate. According to the Director of
• 32:30
  Speaker 2: Human Resources at the Manassas Park City Schools, she said
• 32:34
  Speaker 2: the division maintains a zero-tolerance policy regarding alcohol and other
• 32:39
  Speaker 2: prohibited substance on school grounds and holds employees to the
• 32:42
  Speaker 2: highest professional standards, which I guess is why she is
• 32:45
  Speaker 2: probably not with the school system anymore.
• 32:48
  Speaker 9: Idiots doing idiot things because they're idiots.
• 32:51
  Speaker 2: Indeed, Joe Strecker, and not sure of all the circumstances
• 32:54
  Speaker 2: around this, but if you're on a motorcycle, you might
• 32:56
  Speaker 2: want to mind your P's and Q's. Cleveland, Ohio, where
• 33:00
  Speaker 2: the police say a man was killed after hitting a
• 33:03
  Speaker 2: utility pole near the intersection of Pearl Road and Cypress
• 33:06
  Speaker 2: Avenue happened last Wednesday. Intersection apparently was closed for hours
• 33:10
  Speaker 2: during the investigation. According to preliminary information, Police said the
• 33:15
  Speaker 2: motorcycle was performing some stunt, lost control, and ran into
• 33:22
  Speaker 2: a pole. The rider, taken to the Metro Health Hospital,
• 33:26
  Speaker 2: died a short time later. Police said preliminary information could
• 33:32
  Speaker 2: change once the investigation evolves. Mind your P's and Q's
• 33:36
  Speaker 2: on the bikes, folks. And as always, please, if you're
• 33:38
  Speaker 2: driving around in a car, try to pay close attention
• 33:43
  Speaker 2: to the roadways A lot of fellow motorcyclists out there
• 33:47
  Speaker 2: who are painfully aware that apparently no one sees them.
• 33:51
  Speaker 2: Talk Station.
• 33:52
  Speaker 4: 606-55-KRC, the Talk Station.
• 33:56
  Speaker 2: Happy Monday. Coming up, 720 with Christopher Smith and with
• 34:00
  Speaker 2: the Smith Event. Every Monday at 720 and Money Monday's
• 34:03
  Speaker 2: Brian James. Coming up in two hours, Fed rate hike
• 34:05
  Speaker 2: is possible. Do retirees have enough money? And third topic,
• 34:08
  Speaker 2: Bitcoin is back? Exclamation point. Should you buy some? Question mark.
• 34:12
  Speaker 2: I didn't realize it went anywhere. Anyway, Brian James will
• 34:14
  Speaker 2: explain all that coming up at 8.05. In the meantime,
• 34:16
  Speaker 2: over to the phones. George was kind enough to hold
• 34:18
  Speaker 2: over the break. You can feel free to call, too.
• 34:20
  Speaker 2: Join in the fun. 513-749-5500, 800-823-TALK. Pound 550 on AT &
• 34:23
  Speaker 2: T phones. George, thank you for calling. Welcome to the show.
• 34:30
  Speaker 1: Morning, Brian.
• 34:30
  Speaker 6: I was just thinking about all the data centers that
• 34:35
  Speaker 6: are putting up for AI. Okay, I'll How much does
• 34:43
  Speaker 6: AI have to think and how much are those data
• 34:46
  Speaker 6: centers there to collect the data from the flock cameras
• 34:53
  Speaker 6: and surveillance system that's following me around all the time?
• 34:59
  Speaker 6: And do you think that constitutes stalking when they're watching
• 35:03
  Speaker 6: my every move?
• 35:05
  Speaker 2: Do I think it constitutes what?
• 35:08
  Speaker 1: Stalking.
• 35:12
  Speaker 2: I still didn't hear what you were saying.
• 35:16
  Speaker 6: Do you think that would constitute stalking?
• 35:19
  Speaker 2: Oh, stalking.
• 35:21
  Speaker 4: Stalking.
• 35:21
  Speaker 2: Well, I mean, you could call it that. I mean,
• 35:23
  Speaker 2: you know, stalking by definition, following somebody around, being boiled down.
• 35:27
  Speaker 2: But it's a question of whether it's legal or lawful.
• 35:29
  Speaker 2: But I think ignoring the legality of all of it,
• 35:33
  Speaker 2: AI is probably sucking up literally everything you can come
• 35:35
  Speaker 2: up with by way of information. Any records that are available,
• 35:38
  Speaker 2: there's also been a lot of concerns about the disappearance
• 35:42
  Speaker 2: of books out in the world because AI is tearing
• 35:45
  Speaker 2: up the books and feeding them into and absorbing the
• 35:48
  Speaker 2: contents of various books. And so there's this sort of
• 35:51
  Speaker 2: Fahrenheit 451 concern out there that what happens when all
• 35:54
  Speaker 2: the books are gone. But that's just sort of an aside.
• 35:56
  Speaker 2: But literally every type of data is going into them.
• 35:59
  Speaker 2: And you've stumbled upon or talking about the exact problem
• 36:02
  Speaker 2: people have, I think, with the data centers, period. It
• 36:05
  Speaker 2: really isn't the electricity. It really isn't the water. It
• 36:08
  Speaker 2: really isn't the noise. It's this existential threat that artificial
• 36:11
  Speaker 2: intelligence is going to bring down on the world. And, George,
• 36:15
  Speaker 2: I'm glad you brought it up because this AI thing
• 36:17
  Speaker 2: has been focused on these local arguments about energy and
• 36:22
  Speaker 2: noise and water. But I think truly it's more about
• 36:27
  Speaker 2: what AI can do. And I know, I mean, our
• 36:32
  Speaker 2: young people out there are afraid. They see a rather
• 36:36
  Speaker 2: bleak future. And Bill Gates wrote about this the other day.
• 36:42
  Speaker 2: It's a multi-page, 12-page essay that he published about this. Now,
• 36:46
  Speaker 2: he did point out, you know, there's some good that's
• 36:48
  Speaker 2: going to come from AI. But notice all of the
• 36:50
  Speaker 2: concern he expressed, I believe, is what's fueling this anti-data center,
• 36:56
  Speaker 2: this movement anti-data center. A lot of potential for good.
• 37:00
  Speaker 2: He pointed out energy, medical care, agriculture. There's some positive
• 37:03
  Speaker 2: developments with AI, but how badly things could go if
• 37:06
  Speaker 2: this transition is mismanaged. It was a plea to world
• 37:10
  Speaker 2: leaders saying, you know, there is no plan to ease
• 37:12
  Speaker 2: the entry into the AI era. There's little time to
• 37:16
  Speaker 2: prepare for the transition. He said he would talk to
• 37:20
  Speaker 2: lawmakers about this in Washington. You have a chance to
• 37:22
  Speaker 2: act now before unemployment rises sharply. Communities are hurting and
• 37:26
  Speaker 2: public trust is eroded. A lot of the essays focused
• 37:32
  Speaker 2: on entry and mid-level jobs, which are at most risk
• 37:35
  Speaker 2: for being eliminated. Notably, it will soon affect blue-collar worker,
• 37:41
  Speaker 2: he concludes. And it will be very quick. I'm pointing
• 37:44
  Speaker 2: out that the move from agriculture to office work took
• 37:47
  Speaker 2: generations to do. But if you look at the law,
• 37:50
  Speaker 2: customer service, software, manufacturing, it's not going to take much
• 37:55
  Speaker 2: time at all. Probably felt within the decades. And he
• 37:58
  Speaker 2: said in this memo, when AI can produce error-free work,
• 38:04
  Speaker 2: it will be able to function on its own without
• 38:07
  Speaker 2: a human checking in on it, and companies will have
• 38:09
  Speaker 2: every economic incentive to let it. Pivoting over to the
• 38:14
  Speaker 2: bleak reality of what this is going to mean, a
• 38:16
  Speaker 2: society with a lot of jobless people and folks without
• 38:20
  Speaker 2: jobs are apparently going to need a stronger social safety net,
• 38:23
  Speaker 2: he concludes. He said when factories close, Locals saw more
• 38:28
  Speaker 2: opioid deaths, like during COVID. Imagine similar pressures on both
• 38:33
  Speaker 2: white-collar and blue-collar workers nationwide. And I always go back
• 38:37
  Speaker 2: to the law, having practiced law for a long time. Yeah,
• 38:40
  Speaker 2: error-free briefs, when you can finally trust AI not to
• 38:44
  Speaker 2: make citations up and actually put together something that's coherent
• 38:47
  Speaker 2: and competent and, well, error-free from the get-go. Talk about
• 38:51
  Speaker 2: legal jobs going out the window, and you can just
• 38:53
  Speaker 2: sort of easily extrapolate that into virtually every other area
• 38:56
  Speaker 2: out there. He talked about the risk of cyber attacks
• 38:59
  Speaker 2: on the grid, hospitals and banks, fraud and surveillance will
• 39:02
  Speaker 2: be widespread, he pointed out. He also said AI will
• 39:06
  Speaker 2: also enable governments to use deadly force without a human's input. Well,
• 39:09
  Speaker 2: there's a positive thought too, isn't it? See, I think
• 39:14
  Speaker 2: these are the broader concerns that are driving the anti-data center.
• 39:17
  Speaker 2: It's frightening stuff. Talked about children. being impacted by this.
• 39:23
  Speaker 2: Going back to my article from Alan West about the
• 39:26
  Speaker 2: useful idiots that are being churned out in our public
• 39:28
  Speaker 2: education system, which only serves the Marxist needs, dumb people
• 39:33
  Speaker 2: pursuing dumb political philosophies. So he said this would be
• 39:39
  Speaker 2: the worst possible time for humans to lose their critical
• 39:42
  Speaker 2: thinking skills. In an era of deep fakes and misinformation
• 39:47
  Speaker 2: that can be tailored to you individually, the ability to
• 39:49
  Speaker 2: tell what is true from what is not becomes an
• 39:52
  Speaker 2: essential life skill. Are our children learning that in public education?
• 39:57
  Speaker 2: Are parents joining in the fun trying to convince or
• 39:59
  Speaker 2: teach children how to determine real from fake? Can you
• 40:02
  Speaker 2: tell the difference between real and fake? There was a
• 40:08
  Speaker 2: recent legal opinion which just made my skin crawl. about
• 40:13
  Speaker 2: artificial intelligence child porn. And it was determined that it
• 40:18
  Speaker 2: is not unlawful for you to have this in your
• 40:20
  Speaker 2: personal home based upon a prior decision when AI wasn't
• 40:23
  Speaker 2: out there generating genuine lifelike imagery of, well, child pornography.
• 40:32
  Speaker 2: So because it didn't involve a child, you can create
• 40:36
  Speaker 2: it and have it in your possession, according to this
• 40:38
  Speaker 2: most recent lawsuit. Again, based on a 2002 opinion, which
• 40:41
  Speaker 2: pretty easily said the same thing. But we didn't live
• 40:43
  Speaker 2: in a world where it was genuine to look at,
• 40:45
  Speaker 2: that you could not tell the difference between real and fake.
• 40:48
  Speaker 2: Now we are there. And what does this mean for
• 40:50
  Speaker 2: us going into the future? I've regularly pointed out in
• 40:52
  Speaker 2: the terms of criminal justice system, you've got a video
• 40:55
  Speaker 2: which used to be definitive. That's it. That's the guy.
• 40:57
  Speaker 2: He did it. It's easy for a defense lawyer to
• 41:00
  Speaker 2: throw in the idea of reasonable doubt because, well, anybody
• 41:04
  Speaker 2: with a computer can generate video that looks genuine. How
• 41:08
  Speaker 2: do we know this isn't fake? There's reasonable doubt. And oh,
• 41:16
  Speaker 2: and in order to solve all of these problems, Bill
• 41:19
  Speaker 2: Gates recommended taxes. In anticipation of these challenges and the
• 41:25
  Speaker 2: countless jobless individuals out in the world, taxes on AI
• 41:29
  Speaker 2: tokens and bots, which he suggested might delay companies moving
• 41:34
  Speaker 2: away from human labor, but also those taxes will fund
• 41:37
  Speaker 2: this great social safety net that we're going to have
• 41:40
  Speaker 2: to have out there to maybe to retrain people or
• 41:42
  Speaker 2: just put them on a stipend. And then this is
• 41:47
  Speaker 2: the other component of that. These taxes on the AI
• 41:53
  Speaker 2: components would offset the lost income tax revenue because with
• 41:58
  Speaker 2: fewer people working, right, fewer taxes going into government coffers.
• 42:05
  Speaker 2: So this would shift the burden over to governments to
• 42:08
  Speaker 2: coordinate all of this. Doesn't sound like freedom to me.
• 42:15
  Speaker 2: So I get all this, and I wish AI would
• 42:17
  Speaker 2: just go away.
• 42:19
  Speaker 4: Truly.
• 42:21
  Speaker 2: But when you realize that it's not, and that there
• 42:26
  Speaker 2: is global competition out there, and Gates even called for
• 42:29
  Speaker 2: the Chinese and the United States to work together cooperatively,
• 42:35
  Speaker 2: much in the same way the globe tended to work
• 42:37
  Speaker 2: together in terms of nuclear weapons proliferation. We have aviation challenges.
• 42:42
  Speaker 2: That is a global solution. Can we get a global
• 42:45
  Speaker 2: solution for AI when the future apparently is hanging its
• 42:48
  Speaker 2: hat on AI and we are in competition? Are we
• 42:51
  Speaker 2: going to share our research and information? Are we going
• 42:54
  Speaker 2: to give them the Chinese Communist Party information about the
• 42:56
  Speaker 2: direction we are going with AI? Are they going to
• 42:58
  Speaker 2: share their AI direction with us? The future is unwritten
• 43:05
  Speaker 2: on this one. I understand the anger at data centers
• 43:08
  Speaker 2: because of what they are doing, what the information can
• 43:11
  Speaker 2: do to society. Those data centers... aren't going anywhere. 513-749-5500, 800-823-TALK,
• 43:20
  Speaker 2: pound 550 on AT & T phones. You heard it.
• 43:26
  Speaker 2: It is 620 here, 55KRCD Talk Station. One hour from now,
• 43:32
  Speaker 2: former vice mayor of the city of Cincinnati, Christopher Smith,
• 43:34
  Speaker 2: and as is typically the case on a Monday, he'll
• 43:36
  Speaker 2: do his Smith event coming up in an hour. You
• 43:38
  Speaker 2: feel free to call. Beyond that, I'm railing against the
• 43:40
  Speaker 2: socialists and the communists this morning on the heels of
• 43:43
  Speaker 2: Alan West's wonderful op-ed piece, Gospel of Envy. Yeah, envy.
• 43:47
  Speaker 2: They harness envy, these leftists, and they want you to
• 43:50
  Speaker 2: engage in class warfare and, of course, all with the
• 43:52
  Speaker 2: designs of ultimately taking away your liberties and freedoms and
• 43:55
  Speaker 2: having government make all the selections. Recipe for disaster. It
• 44:01
  Speaker 2: has been proven to be so time and time and
• 44:03
  Speaker 2: time and time and time again. Anyway, and on full display,
• 44:08
  Speaker 2: Zorhan Mamdami, Mayor of New York, is doing the same
• 44:10
  Speaker 2: damn thing. He's trying to eliminate private property. And in
• 44:14
  Speaker 2: order to do this, he's getting renters, tenants, to complain.
• 44:19
  Speaker 2: And he's been projecting this out into the world. Please
• 44:22
  Speaker 2: call 311 and complain about your landlord. Is anything wrong
• 44:26
  Speaker 2: with where you're living? Call up. We'll force them to
• 44:28
  Speaker 2: fix that problem, or we'll take over the property. And
• 44:32
  Speaker 2: that's ultimately the goal. Apparently, Complaints into this complaint system
• 44:38
  Speaker 2: for landlords up 25%. There were just under 575,000 complaints
• 44:46
  Speaker 2: from renters logging into this 311 system so far this year.
• 44:52
  Speaker 2: Up 25% over the number of complaints last year. And,
• 44:55
  Speaker 2: of course, the increase is after the Mondami administration has
• 44:57
  Speaker 2: repeatedly encouraged so-called, in their words, ripped-off tenants to file
• 45:03
  Speaker 2: complaints literally on everything. There's one guy that called in
• 45:06
  Speaker 2: and complained about the color of the paint. I'm sure
• 45:11
  Speaker 2: we'll get right on that. In the past week alone,
• 45:16
  Speaker 2: this is last week, Mom Dommies 311 Army flooded housing
• 45:20
  Speaker 2: preservation and development. That is the city agency, initial cap,
• 45:23
  Speaker 2: housing preservation and development. That takes all these complaints. So
• 45:28
  Speaker 2: this is the agency that's charged with dealing with now
• 45:31
  Speaker 2: almost a million or half a million complaints or more
• 45:33
  Speaker 2: than half a million complaints. 67 calls for clogged toilets,
• 45:38
  Speaker 2: a 500% increase from last year. And the point on this,
• 45:41
  Speaker 2: the landlord is saying, listen, they're just calling 311 to
• 45:44
  Speaker 2: drop a dime on us. They haven't even turned in
• 45:46
  Speaker 2: the complaint to the landlord. They have not even given
• 45:48
  Speaker 2: us enough time to address the complaint. Now, of course,
• 45:50
  Speaker 2: a lot of complaints don't get addressed, and this is
• 45:52
  Speaker 2: the reason they have this 311 system. But by encouraging
• 45:56
  Speaker 2: all of these tenants to complain about literally anything, Of course,
• 45:59
  Speaker 2: the number of complaints ratchets up. The amount of repairs
• 46:03
  Speaker 2: that these landlords are obligated to do increases. And, of course, ultimately,
• 46:07
  Speaker 2: the city of New York can take over the property
• 46:09
  Speaker 2: if you fail to address the concerns. Mamdami's tenant advocate,
• 46:19
  Speaker 2: this is a woman named Sia Weaver, who is on
• 46:21
  Speaker 2: record as once declaring private property ownership a weapon of
• 46:26
  Speaker 2: white supremacy. urged New Yorkers to call 3-1-1. City Hall's
• 46:33
  Speaker 2: door is open. Bragging that the city was going to,
• 46:38
  Speaker 2: in her words, get bold and creative. Weaver, who once said,
• 46:44
  Speaker 2: if you don't believe in the government's sacred right to
• 46:47
  Speaker 2: seize private property, it's over. She said in July during
• 46:54
  Speaker 2: a briefing about the city's rental ripoffs, again, her words,
• 46:57
  Speaker 2: we're expanding headcount to be able to do more housing
• 46:59
  Speaker 2: code inspections and more targeted enforcement. After, you know, I
• 47:05
  Speaker 2: just kind of wonder, does anyone truly think that if
• 47:10
  Speaker 2: New York City were to take over these properties, then
• 47:13
  Speaker 2: you're left with the question of, you know, uh, having
• 47:15
  Speaker 2: to compensate the owner of the property when you take
• 47:18
  Speaker 2: their property from them. Granted, they were guilty of all
• 47:21
  Speaker 2: these alleged violations, but ultimately they own it. So you're
• 47:25
  Speaker 2: going to have to compensate the owner of the property. Otherwise,
• 47:28
  Speaker 2: it would be an unconstitutional taking. So there's the bill
• 47:30
  Speaker 2: for that. Does anybody think the city of New York
• 47:36
  Speaker 2: is going to better manage the properties? Are they going
• 47:40
  Speaker 2: to with their finite resources and underwater budget is going
• 47:43
  Speaker 2: to have enough to Fix the clogged toilet? Meanwhile, walk
• 47:47
  Speaker 2: around and look at the potholed streets. Have they fixed those?
• 47:50
  Speaker 2: One more thing for a city government to take over
• 47:52
  Speaker 2: and be responsible for when you can look over to
• 47:54
  Speaker 2: this great land of ours and find that time and
• 47:56
  Speaker 2: time and time again, they don't bother doing that. This
• 47:59
  Speaker 2: would be critical infrastructure, I would argue. Critical infrastructure that's
• 48:02
  Speaker 2: better handled by the private sector because you do have
• 48:06
  Speaker 2: rules and regulations out there. If you want to go
• 48:08
  Speaker 2: after your landlord for uninhabitable living conditions, you can. The
• 48:13
  Speaker 2: private sector is designed to take on that. But how
• 48:18
  Speaker 2: are you going to go after the city if they
• 48:19
  Speaker 2: don't unclog your toilet? Now, that'll be easy, won't it?
• 48:24
  Speaker 2: Just a recipe for disaster. But this is the kind
• 48:26
  Speaker 2: of stuff they come up with. Creating a worse life
• 48:30
  Speaker 2: for the citizenry going down this Marxist road.
• 48:33
  Speaker 9: 625.
• 48:33
  Speaker 2: 55KRC, the talk station. You own a house, got a home.
• 48:35
  Speaker 2: The talk station. 630-55-KRC-TALK-STATION. Got some local stories here. Alternatively,
• 48:45
  Speaker 2: if you would like to call, you can do that. 513-749-5500-800-823-TALK.
• 48:47
  Speaker 2: Get your iHeartMedia app while you're over at 55KRC. iHeart. com. Sad, sad,
• 48:55
  Speaker 2: sad four-year-old girl in critical condition. She was shot early
• 48:58
  Speaker 2: on Sunday morning in South Cumminsville. Sunset Police showed up
• 49:02
  Speaker 2: to Lilly Place 5 o'clock in the morning for reports
• 49:05
  Speaker 2: of the shots fired. The resident there lives nearby, said victim,
• 49:11
  Speaker 2: four years old, said he last heard she had surgery
• 49:13
  Speaker 2: and is in critical condition. It's the only information we
• 49:15
  Speaker 2: have on that right now since a police said the
• 49:17
  Speaker 2: victim was taken to the hospital, self-transported. and it's not
• 49:21
  Speaker 2: clear at this point what led to the shooting, and
• 49:22
  Speaker 2: police haven't released any suspect information. A four-year-old got shot.
• 49:28
  Speaker 2: Just can't believe that. Multiple reports of shots fired early
• 49:32
  Speaker 2: Sunday near the University of Cincinnati campus. Again, right, Joe, again, sorry,
• 49:38
  Speaker 2: I forgot to add that. UC Public Safety released an announcement,
• 49:42
  Speaker 2: said the police showed up about quarter to 3 o'clock
• 49:45
  Speaker 2: in the morning near the south side of the campus
• 49:47
  Speaker 2: at Calhoun and South Market Streets. All clear alert was
• 49:51
  Speaker 2: issued shortly thereafter. No victims or suspects were found at
• 49:54
  Speaker 2: the scene, according to the Cincinnati Police. Shot spotter, maybe.
• 49:59
  Speaker 2: Don't know. Oh, and a sad reality. You've been following
• 50:02
  Speaker 2: that Nepal flooding. Oh, my word, that Nepal-Tibet border flooding.
• 50:07
  Speaker 2: Just the video of it is just unbelievable. We have
• 50:11
  Speaker 2: a local person, a guy named Venus Patel, a 45-year-old
• 50:13
  Speaker 2: Westchester man among 90 Americans that is still missing after
• 50:17
  Speaker 2: that flooding in the Nepal-Tibet border. I guess Jackie Bauer
• 50:21
  Speaker 2: over at WCPO interviewed a close friend of his and
• 50:25
  Speaker 2: said he was traveling for a religious pilgrimage when the
• 50:28
  Speaker 2: flood swept through the area. So given that there's no
• 50:31
  Speaker 2: communication there and word is difficult to reach, roads, communication limited,
• 50:36
  Speaker 2: Apparently there's a website, WCPO, saying it's napaldisasterresearch.com if you're
• 50:41
  Speaker 2: looking for any information about what's going on there. Maybe
• 50:44
  Speaker 2: they have a list of folks that have been identified.
• 50:47
  Speaker 2: Prayers there. And Matthew 25 Ministries, a great charity. If
• 50:53
  Speaker 2: you want a dollar to go to the intended recipient,
• 50:56
  Speaker 2: give it to them, and it'll make it there, unlike
• 50:58
  Speaker 2: so many other charities with massive overhead and big fat salaries.
• 51:03
  Speaker 2: Matthew 25 Ministries doing a great job. Let's see here. Oh, yeah.
• 51:10
  Speaker 2: Our award winner from this morning, we go to Aiken
• 51:12
  Speaker 2: New Tech High School, where the assistant principal, I guess,
• 51:18
  Speaker 2: has been charged with battery of a student, sexual battery
• 51:20
  Speaker 2: of a student. According to the Cincinnati Police criminal complaint,
• 51:22
  Speaker 2: investigators allege 43-year-old Stephen Barton engaged in unlawful sexual conduct
• 51:28
  Speaker 2: with a 16-year-old student. Police say the allegation is based
• 51:33
  Speaker 2: on the student's detailed statement. Investigators say it was corroborated
• 51:36
  Speaker 2: by school surveillance video as well as Barton's own statements.
• 51:41
  Speaker 2: Because he is a school administrator and the alleged victim
• 51:44
  Speaker 2: is a student at the school, the charge was elevated
• 51:46
  Speaker 2: to felony sexual battery. That's what Ohio law calls for.
• 51:50
  Speaker 2: The record suggests Barton allegedly touched the student with his
• 51:52
  Speaker 2: exposed hands for several minutes. He waived his right to
• 51:57
  Speaker 2: appear in court this past Friday since the police released
• 52:00
  Speaker 2: his mugshot. because they're concerned there may be other victims.
• 52:04
  Speaker 2: So if your children go to Aiken New Tech High School,
• 52:08
  Speaker 2: you might want to talk to them. Serious conversation is
• 52:11
  Speaker 2: definitely in order on that one. I guess be careful
• 52:17
  Speaker 2: with your remote control boats. We have a man who's
• 52:19
  Speaker 2: lost his life because he went into the Ohio River
• 52:21
  Speaker 2: to recover his remote control boat and drowned. Hamilton County
• 52:25
  Speaker 2: Sheriff's Office announced that the Miami Firefighters Township Fire Department
• 52:28
  Speaker 2: had responded to the Harbor Drive in North Bend for
• 52:30
  Speaker 2: a water rescue at 9.30 in the evening this past Friday,
• 52:34
  Speaker 2: where they say a 35-year-old man went underwater while trying
• 52:36
  Speaker 2: to retrieve the remote-controlled boat. They engaged in rescue efforts,
• 52:41
  Speaker 2: but sadly, his body was ultimately recovered from the river
• 52:44
  Speaker 2: by dive teams at 1.30 in the morning on Saturday.
• 52:47
  Speaker 2: They do not suspect any foul play, just a tragic accident.
• 52:52
  Speaker 2: And what else we got here? Two people rescued after
• 52:57
  Speaker 2: a tractor trailer crashed on I-71 overpass. Happened on Sunday
• 53:01
  Speaker 2: about 5 p.m. Tractor trailer crashed over the side of
• 53:04
  Speaker 2: the I-71 overpass near Martin Luther King Drive. You get
• 53:08
  Speaker 2: a picture of this semi precariously perched over the edge
• 53:12
  Speaker 2: of that overpass. Both victims safely removed from the semi
• 53:16
  Speaker 2: with only minor injuries, thankfully. Overpass was closed for several hours.
• 53:20
  Speaker 2: I can only presume it is still open. Apparently there
• 53:22
  Speaker 2: was a diesel spill out of the truck. Ohio Department
• 53:24
  Speaker 2: of Transportation reporting on that one. It is 635 here
• 53:29
  Speaker 2: at 55KRC Detox Station. Feel free to give me a call.
• 53:32
  Speaker 2: Detox Station. That's 640 here at 55KRC Detox Station. Happy Monday.
• 53:42
  Speaker 2: 55kRC. iheart. com for your iHeartMedia app. Listen wherever you happen to be.
• 53:46
  Speaker 2: And good morning to folks listening outside of the greater
• 53:48
  Speaker 2: Cincinnati area. I appreciate that. And I saw this story,
• 53:53
  Speaker 2: and it doesn't relate to really anything. It's not a
• 53:57
  Speaker 2: topic A conversation, but it's just frustrating to me. I'm
• 54:02
  Speaker 2: no fan of the United Nations. It seems to me
• 54:03
  Speaker 2: like a pointless gesture to even belong to. It doesn't
• 54:06
  Speaker 2: really accomplish much. It does serve to, I guess, facilitate our.
• 54:12
  Speaker 2: Our covert intelligence, a spy operation, I imagine is mostly
• 54:16
  Speaker 2: what it's used for to get information of what other
• 54:17
  Speaker 2: governments are doing. But, you know, the craziness of the
• 54:20
  Speaker 2: UN has just been demonstrated over and over again over
• 54:22
  Speaker 2: the years. But here we've got another one here. I
• 54:24
  Speaker 2: just don't understand this. There's piracy out there in the world, right?
• 54:28
  Speaker 2: Did you get the memo on that? Piracy apparently rose.
• 54:31
  Speaker 2: There were 171 instances of successful or attempted attacks on
• 54:35
  Speaker 2: the high seas last year alone, according to the International
• 54:38
  Speaker 2: Maritime Organization. Fine. So what's with the U.N.? So you're
• 54:49
  Speaker 2: on a boat. Sometimes these are quite large. And you've
• 54:53
  Speaker 2: got a bunch of small boats coming your way. They're
• 54:55
  Speaker 2: small pirates, for example, which appears to be what most
• 54:57
  Speaker 2: of these pirates are. What would you do if you
• 55:00
  Speaker 2: were in a position and you were on that boat?
• 55:02
  Speaker 2: What would you like to have available to you?
• 55:04
  Speaker 3: Right.
• 55:04
  Speaker 2: Defensive weapons. But apparently the United Nations does not want
• 55:11
  Speaker 2: anyone defending themselves, and this is just bat crap insanity.
• 55:14
  Speaker 2: For legal and safety reasons, flag states should strongly discourage
• 55:18
  Speaker 2: the carrying and use of firearms by seafarers for personal
• 55:22
  Speaker 2: protection or for the protection of a ship. Seafarers are civilians,
• 55:26
  Speaker 2: and the use of firearms requires special training and aptitudes,
• 55:29
  Speaker 2: and the risk of accidents with firearms carried aboard a
• 55:32
  Speaker 2: ship is great. What a stupid statement that is. Carriage
• 55:41
  Speaker 2: of arms on board ships may encourage attackers to carry
• 55:45
  Speaker 2: firearms or even more dangerous weapons, thereby escalating an already
• 55:50
  Speaker 2: dangerous situation. How in the hell would a pirate know
• 55:52
  Speaker 2: whether or not you're armed or not ahead of time?
• 55:55
  Speaker 2: And if you're a pirate and you're going to go
• 55:58
  Speaker 2: try to take over a big boat, don't you think
• 55:59
  Speaker 2: you might anticipate taking arms with you anyway, merely because
• 56:02
  Speaker 2: you're going to have to take over the boat? And
• 56:05
  Speaker 2: there's always the looming possibility that that boat has not
• 56:07
  Speaker 2: listened to the suggestions of the United Nations. and has
• 56:11
  Speaker 2: armed their people. Any firearm on board may itself become
• 56:15
  Speaker 2: an attractive target for an attacker. Oh, one more thing
• 56:18
  Speaker 2: for them to steal. The use of privately... And they
• 56:22
  Speaker 2: pivot over. Okay, well, if the seafarers, the sailors themselves,
• 56:26
  Speaker 2: aren't going to be armed because it's just way beyond
• 56:29
  Speaker 2: their ability to learn how to use a gun, which
• 56:33
  Speaker 2: is a laughable suggestion, they follow up with this. Hmm,
• 56:37
  Speaker 2: I'm sure the UN thought when issuing this statement. What
• 56:40
  Speaker 2: if these big shipping container companies start hiring privately contracted,
• 56:46
  Speaker 2: trained armed security? They would have the necessary training then, right?
• 56:51
  Speaker 2: Problem solved. No, according to the UN, the use of
• 56:54
  Speaker 2: privately contracted armed security personnel on board ships may lead
• 56:58
  Speaker 2: to an escalation of violence. The carriage of such personnel
• 57:03
  Speaker 2: and their weapons is subject to flagged state legislation and
• 57:07
  Speaker 2: policies as is a matter of flagged states to determine
• 57:09
  Speaker 2: in consultation with ship owners, companies, and ship operators if
• 57:13
  Speaker 2: and under which conditions this will be allowed. Well, I
• 57:15
  Speaker 2: guess the UN is just simply reminding that certain countries
• 57:18
  Speaker 2: have laws and rules relating to carrying firearms. Well, I
• 57:21
  Speaker 2: think the companies in those states can work things out themselves.
• 57:24
  Speaker 2: But the idea that you're going to have completely unarmed,
• 57:28
  Speaker 2: incapable of protecting themselves... Doesn't that guarantee the success of
• 57:32
  Speaker 2: the pirates? Is that what they're saying here? Yes, it
• 57:36
  Speaker 2: is what they're saying. Apparently, last week, 90 mariners were
• 57:42
  Speaker 2: being held by Somali pirates after an August 22nd seizure
• 57:47
  Speaker 2: of an Eritrean tanker.
• 57:50
  Speaker 1: Huh.
• 57:50
  Speaker 2: Maybe had the 90 mariners been armed, I bet the
• 57:54
  Speaker 2: Somali pirates who attacked that ship, probably fewer in numbers
• 57:57
  Speaker 2: if I had to guess, just based on what I've
• 57:58
  Speaker 2: seen about these pirate attacks. John Lott. More guns, less
• 58:10
  Speaker 2: crime offered. Crime Prevention Research Center. John Lott. Published studies
• 58:18
  Speaker 2: which have found the right to carry or concealed carry
• 58:20
  Speaker 2: laws associated with reductions in violent crimes by increasing the
• 58:26
  Speaker 2: potential risks faced by the offenders or, in the case
• 58:29
  Speaker 2: of a lot, would-be offenders. Hmm, I'm going to go
• 58:32
  Speaker 2: out and sort of rob someone. Maybe they are armed,
• 58:35
  Speaker 2: therefore I won't do it. John Lott, that's the book
• 58:39
  Speaker 2: he wrote about that. And he pointed out, speaking with
• 58:42
  Speaker 2: the Daily Caller on this one, it's the same type
• 58:45
  Speaker 2: of fear-mongering that you see being brought up with regard
• 58:47
  Speaker 2: to individual citizens defending themselves. With regard to civilians, you
• 58:51
  Speaker 2: often see the claim in the media that people should
• 58:55
  Speaker 2: behave passively when they're confronted by criminals. But that's really
• 58:59
  Speaker 2: a misreading of the evidence. Women, for example, he said,
• 59:05
  Speaker 2: who behave passively, about 2.4 times more likely to end
• 59:09
  Speaker 2: up being seriously injured than a woman who has a gun,
• 59:11
  Speaker 2: he said. He's done the numbers crunching on all this,
• 59:15
  Speaker 2: pointing out men who behave passively 1.4 times more likely
• 59:18
  Speaker 2: to end up being seriously injured than a man who
• 59:20
  Speaker 2: has a gun. You can make it riskier for criminals
• 59:23
  Speaker 2: with higher arrest rates, higher conviction rates, longer prison sentences,
• 59:26
  Speaker 2: but you can also make it riskier By allowing victims
• 59:29
  Speaker 2: to be able to go on and defend themselves. In
• 59:33
  Speaker 2: other words, arm the sailors. I guess project out into
• 59:39
  Speaker 2: the world that they are armed and they will be
• 59:42
  Speaker 2: defending themselves. And I imagine you probably see the number
• 59:44
  Speaker 2: of Somali pirates out in the world drop precipitously. Either
• 59:49
  Speaker 2: because they aren't fool enough to go ahead and go
• 59:51
  Speaker 2: on that excursion and try to take over the boat.
• 59:55
  Speaker 2: But maybe.
• 59:55
  Speaker 6: Maybe.
• 59:57
  Speaker 2: They won't be around because they tried it. Ending the
• 1:00:03
  Speaker 2: concept of recidivism among the pirate community. Cross-country mortgage. She's
• 1:00:11
  Speaker 2: at Lowe's Camps there to help you with mortgage-related issues, questions, concerns.
• 1:00:18
  Speaker 2: It is 6.50, 55 KRC, any talk station. Christopher Smithman
• 1:00:21
  Speaker 2: coming up at 7.20. I mentioned this Seventh Circuit case
• 1:00:25
  Speaker 2: earlier in the program when I was talking about artificial
• 1:00:27
  Speaker 2: intelligence after a caller had brought up AI and the
• 1:00:31
  Speaker 2: concerns expressed by Bill Gates about the direction we're going
• 1:00:33
  Speaker 2: and the lawless reality of the future and the need
• 1:00:37
  Speaker 2: for our elected officials to get together on a global
• 1:00:39
  Speaker 2: basis to solve the problems. But in the context of
• 1:00:42
  Speaker 2: talking about that, generally speaking, I mentioned this recent case
• 1:00:44
  Speaker 2: out of the Seventh Circuit about, well, artificial intelligence generated
• 1:00:49
  Speaker 2: child sexual abuse material. According to the Washington Post reporting,
• 1:00:56
  Speaker 2: Seventh Circuit affirmed the dismissal of a child porn possession
• 1:01:00
  Speaker 2: charge against some pervert named Stephen Anderegg, who the official
• 1:01:07
  Speaker 2: said had hundreds of AI-generated sexually explicit images depicting children
• 1:01:12
  Speaker 2: on a device that sees from his home. Now, he
• 1:01:14
  Speaker 2: faced multiple charges, only one of which got dismissed. Producing
• 1:01:18
  Speaker 2: and distributing AI-generated child sex abuse material, that's one. Here's
• 1:01:21
  Speaker 2: the ones that stuck. Transferring it to a minor under
• 1:01:24
  Speaker 2: the age of 16 and possessing it, the district court
• 1:01:26
  Speaker 2: dismissed only the possession charge. First Amendment grounds.
• 1:01:29
  Speaker 3: Why?
• 1:01:30
  Speaker 2: Because of the 2002 decision called Ashcroft v. Free Speech,
• 1:01:34
  Speaker 2: which rejected restrictions on sexually explicit depictions of fictional children
• 1:01:38
  Speaker 2: because no actual child was involved. Now, the judges in
• 1:01:42
  Speaker 2: the Seventh Circuit said, well, we're bound to follow this
• 1:01:45
  Speaker 2: 2002 decision, but with modern artificial intelligence generating images virtually
• 1:01:51
  Speaker 2: indistinguishable or completely indistinguishable from, well, material depicting abuse of
• 1:01:55
  Speaker 2: real children, that wasn't the case back in 2002 when
• 1:01:59
  Speaker 2: the Supreme Court decision came down. The world's a different place. Unfortunately,
• 1:02:07
  Speaker 2: AI-generated images are now virtually indistinguishable from the real thing,
• 1:02:10
  Speaker 2: and some of these images can be created based upon
• 1:02:13
  Speaker 2: real child sex abuse material. And that's one of the
• 1:02:17
  Speaker 2: things the two judges pointed out. And I did see
• 1:02:20
  Speaker 2: there's a lawsuit that was filed against Elon Musk and
• 1:02:24
  Speaker 2: his open AI or his artificial intelligence platform because... The
• 1:02:28
  Speaker 2: allegations are that he used or artificial intelligence used real
• 1:02:32
  Speaker 2: child porn in order to do its data modeling. However,
• 1:02:34
  Speaker 2: that was necessary. I don't know, but the two judges
• 1:02:36
  Speaker 2: pointed this out. Citing research, the judges brought up that
• 1:02:40
  Speaker 2: found hundreds of child sexual abuse material images in a
• 1:02:44
  Speaker 2: major data set were used to train image generating AI.
• 1:02:49
  Speaker 2: This may be an avenue or vehicle to get the,
• 1:02:53
  Speaker 2: to prohibit AI generated child porn. The point being, The
• 1:02:58
  Speaker 2: judges said that it could create a link between AI-generated
• 1:03:02
  Speaker 2: material and the exploitation of real children. So if their
• 1:03:05
  Speaker 2: data sets actually had real child porn in there in
• 1:03:08
  Speaker 2: order to create images or teach it how to teach images,
• 1:03:11
  Speaker 2: that may be enough to make AI porn illegal.
• 1:03:16
  Speaker 4: May.
• 1:03:18
  Speaker 2: But look at what your take is on this. You know,
• 1:03:22
  Speaker 2: I think it's absolutely abhorrent that anyone would create artificial
• 1:03:24
  Speaker 2: intelligence generated porn. But then again, from my perspective, it
• 1:03:27
  Speaker 2: seems to be awful and horrific and unbelievable that anybody
• 1:03:30
  Speaker 2: would want to use or watch these images in the
• 1:03:33
  Speaker 2: first instance. But we know that's not the way of
• 1:03:35
  Speaker 2: the world. How do you balance the logical and rational
• 1:03:42
  Speaker 2: argument from the 2002 opinion? Listen, no one was harmed.
• 1:03:49
  Speaker 2: If you want to doodle in your own home and
• 1:03:51
  Speaker 2: you can draw a picture of a child being molested
• 1:03:54
  Speaker 2: by an adult, society will, of course, label you a
• 1:03:57
  Speaker 2: complete pervert and demonize you and ostracize you. But you
• 1:04:02
  Speaker 2: can still do it. There wasn't anybody harmed in the
• 1:04:04
  Speaker 2: creation of those depictions in your own home. So that
• 1:04:07
  Speaker 2: makes perfect sense. It doesn't excuse the abhorrent nature of
• 1:04:11
  Speaker 2: what's being done, but I do get it. But in
• 1:04:14
  Speaker 2: a world where AI looks just like the real McCoy,
• 1:04:18
  Speaker 2: how do you deal with these legal challenges on a
• 1:04:20
  Speaker 2: going forward basis. And who do you trust to, well,
• 1:04:26
  Speaker 2: make up the rules? And I just have to observe.
• 1:04:30
  Speaker 2: I mean, if you create a whole cloth artificial intelligence image,
• 1:04:34
  Speaker 2: how old is the person in the image?
• 1:04:40
  Speaker 3: Yeah, I know.
• 1:04:44
  Speaker 2: AI. Gee, it's such a wonderful thing, isn't it? 6.55, 55KRC,
• 1:04:50
  Speaker 2: The Talk Station. Christopher Smith coming up at 7.20. Got
• 1:04:52
  Speaker 2: some stuff to talk about between now and then, including
• 1:04:54
  Speaker 2: bombs being dropped. The scientist that some believed was the
• 1:04:57
  Speaker 2: smartest man that ever lived. And what we found shocked us.
• 1:05:00
  Speaker 2: Listen to Red Pilled America on the iHeartRadio app. That's
• 1:05:03
  Speaker 2: Red Pilled America, a storytelling show.
• 1:05:06
  Speaker 4: News, weather, and traffic. That is good news, certainly. Take
• 1:05:09
  Speaker 4: this storm seriously.
• 1:05:11
  Speaker 7: Come on, let's go!
• 1:05:12
  Speaker 4: All in one, one for all. That's a good thing.
• 1:05:15
  Speaker 2: 55KRC, The Talk Station.
• 1:05:17
  Speaker 10: 7.06 at 55KRCD Talk Station.
• 1:05:37
  Speaker 2: Monday. Monday, Monday in an hour. Christopher Smitheman with the
• 1:05:43
  Speaker 2: Smith event coming up in the next segment.
• 1:05:46
  Speaker 10: 513-749-5500.
• 1:05:46
  Speaker 2: 800-823-TALK. Pound 550 on AT & T phones. Care to
• 1:05:48
  Speaker 2: chime in. Love to hear from you. And before we
• 1:05:50
  Speaker 2: get to Christopher Smitheman, I guess we're back at a
• 1:05:53
  Speaker 2: shooting war again, although maybe limited. I don't know, but
• 1:05:55
  Speaker 2: there's some real complications going along with this. Of course,
• 1:05:57
  Speaker 2: the Iranians. We hit Larrak Island. First American strike in weeks.
• 1:06:06
  Speaker 2: We hit Iranian rocket launchers, which were on Larrak Island.
• 1:06:11
  Speaker 2: And according to the reporting, the Wall Street Journal gets
• 1:06:13
  Speaker 2: credit for the reporting, but I didn't realize that the
• 1:06:15
  Speaker 2: rockets could carry mines, but that's exactly what was going on.
• 1:06:18
  Speaker 2: They say the Iranians were almost, I mean, getting ready
• 1:06:20
  Speaker 2: to launch the rockets, filled with sea mines in the
• 1:06:24
  Speaker 2: Strait of Hormuz. That's why we blew them up. And,
• 1:06:27
  Speaker 2: of course, after we hit them, they hit us. At
• 1:06:29
  Speaker 2: least they tried. Jordan, which hosts about 4,000 U.S. troops,
• 1:06:34
  Speaker 2: was the recipient of a launch of about eight rockets
• 1:06:37
  Speaker 2: from the Iranians. Jordan's military said it successfully intercepted eight
• 1:06:40
  Speaker 2: of them. Trump warned last week that the United States
• 1:06:45
  Speaker 2: was going to do something to the Iranians by way
• 1:06:47
  Speaker 2: of military actions if they try to put additional mines
• 1:06:49
  Speaker 2: in the strait, saying there's zero tolerance for that. Well,
• 1:06:51
  Speaker 2: he made good on that threat. That was what happened. Now,
• 1:06:53
  Speaker 2: pivoting over to the Iranian Revolutionary Guards, their spokesman, General
• 1:06:57
  Speaker 2: Hossein Mouhibi. said the U.S. strike was a strategic and
• 1:07:02
  Speaker 2: fatal error and that it would lead to severe repercussions.
• 1:07:08
  Speaker 7: Okay.
• 1:07:11
  Speaker 2: Not the first and not the last time we hear
• 1:07:12
  Speaker 2: a statement like that from the Iranians. Anyway, the Iraq
• 1:07:17
  Speaker 2: island used by the Revolutionary Guards to monitor vessel traffic,
• 1:07:20
  Speaker 2: apparently strategic position it is, overlooks the waterway and allows
• 1:07:23
  Speaker 2: them to, of course, launch lockets containing mines into the strait.
• 1:07:27
  Speaker 2: But the problem with this is, and obviously we did
• 1:07:30
  Speaker 2: a good thing preventing more mines out there. I get it.
• 1:07:33
  Speaker 2: The number of missiles we have left, what's left? And
• 1:07:38
  Speaker 2: the Trump administration is not hidden from the fact that
• 1:07:41
  Speaker 2: we are out there trying to convince the Raytheons of
• 1:07:44
  Speaker 2: the world and the military industrial complex to start churning
• 1:07:46
  Speaker 2: out more of these missiles because, well, there aren't a
• 1:07:50
  Speaker 2: whole lot left. They say we have taken so many
• 1:07:54
  Speaker 2: munitions to the Middle East to fight Iran that planners,
• 1:07:57
  Speaker 2: our military planners, are concerned about the loss of firepower.
• 1:08:00
  Speaker 2: Every place else we have potential threats. You know, think
• 1:08:02
  Speaker 2: Taiwan and the other threats we face in the world.
• 1:08:05
  Speaker 2: The European Union has had a lot of the missiles
• 1:08:08
  Speaker 2: taken away from them to go to the Middle East.
• 1:08:10
  Speaker 2: And they're deemed to be, quote, beyond critical, close quote,
• 1:08:14
  Speaker 2: the inventories of Europe's PAC-3 Patriot air defenses. Beyond critical.
• 1:08:19
  Speaker 2: The supplies are diminished. And we're going to end up
• 1:08:23
  Speaker 2: having to refill weapons stockpiles that have been taken from
• 1:08:25
  Speaker 2: Japan and South Korea and Germany to go to the
• 1:08:28
  Speaker 2: Middle East. And it's going to take years to do that,
• 1:08:30
  Speaker 2: according to military analysts. Wall Street Journal previously reported that
• 1:08:34
  Speaker 2: these shrinking inventories have increasingly led administration officials to assess
• 1:08:39
  Speaker 2: that America could not fully execute contingency plans to defend, say,
• 1:08:44
  Speaker 2: Taiwan from a Chinese invasion if it occurred in the
• 1:08:47
  Speaker 2: near term. Although there's no concern that right now anyway,
• 1:08:50
  Speaker 2: that that's going to happen anytime soon, but it certainly could.
• 1:08:53
  Speaker 2: Chinese can adjust their strategies into the future, looking at
• 1:08:55
  Speaker 2: where we are right now. Associated Press previously reported that... U.S.
• 1:09:00
  Speaker 2: military in Europe was experiencing, again, a beyond critical shortage
• 1:09:05
  Speaker 2: of Patriot missile interceptors. NATO spokesperson said the alliance has
• 1:09:10
  Speaker 2: sufficient supply for air defense interceptors, but Didn't address the
• 1:09:15
  Speaker 2: declining U.S. stocks of these missiles, which are the most
• 1:09:18
  Speaker 2: advanced type of Patriot interceptors, those Pac-3s. Described as an
• 1:09:24
  Speaker 2: enormous demand on our stockpiles of weapons because of the
• 1:09:27
  Speaker 2: war in Iran. 1,700 Patriot air defense missiles have been
• 1:09:31
  Speaker 2: used so far, 200 THAAD missiles so far.
• 1:09:35
  Speaker 3: U.S.
• 1:09:35
  Speaker 2: Navy ships fired 150 standard missile interceptors to take out
• 1:09:39
  Speaker 2: the Iranian missiles. And of course, for its part, Iran's
• 1:09:42
  Speaker 2: fired more than 1,500 ballistic missiles and 6,000 large drones,
• 1:09:47
  Speaker 2: and they seemingly have an unlimited number of those drones
• 1:09:50
  Speaker 2: to deploy. If we don't have anything to shoot them down,
• 1:09:52
  Speaker 2: we're in a world of hurt, which is one of
• 1:09:55
  Speaker 2: the reasons why we've gone full economic warfare on the Iranians.
• 1:09:58
  Speaker 2: But lo and behold, if you see the Iranians are
• 1:10:00
  Speaker 2: getting ready to mine the Strait again, you're going to
• 1:10:02
  Speaker 2: have to engage in some sort of kinetic attack, which
• 1:10:04
  Speaker 2: is what just happened. According to the Journal, Pentagon is
• 1:10:09
  Speaker 2: currently conducting a review of the U.S. military posture on
• 1:10:11
  Speaker 2: the continent, which could lead to further reductions in American
• 1:10:14
  Speaker 2: forces there, which has got our NATO allies a little
• 1:10:16
  Speaker 2: bit worried. Declining weapons stocks come as allies experiencing delays
• 1:10:22
  Speaker 2: in obtaining the munitions they have already purchased from the
• 1:10:25
  Speaker 2: United States. Limited stocks sharply limiting our ability to send
• 1:10:29
  Speaker 2: interceptors to Ukraine, where the Russians have started hitting the
• 1:10:32
  Speaker 2: civilian population. And, you know, to that situation, they just
• 1:10:35
  Speaker 2: bombed a weapons depot there that apparently was right next
• 1:10:41
  Speaker 2: to a civilian neighborhood. I mean, I've made jokes in
• 1:10:45
  Speaker 2: the past about the Fukushima nuclear reactor being built in
• 1:10:49
  Speaker 2: a tsunami zone. Who does that? Who puts munitions depots
• 1:10:53
  Speaker 2: right next to civilian populations so when the Russians bomb them,
• 1:10:57
  Speaker 2: which they just did, it kills a lot of civilian
• 1:10:59
  Speaker 2: targets and blows up a lot of homes. Anyhow, so
• 1:11:06
  Speaker 2: you might want to apply the economic pressure, and it
• 1:11:08
  Speaker 2: may work to some degree. It's going to be a
• 1:11:09
  Speaker 2: long slog on that. But at some point, you've got
• 1:11:13
  Speaker 2: to have enough hardware to wage a war. And at
• 1:11:14
  Speaker 2: this point, it looks like we are. And this is
• 1:11:19
  Speaker 2: a lot of articles over a month-long period of time
• 1:11:23
  Speaker 2: about the reduced amount of weapons we have. So it's
• 1:11:28
  Speaker 2: got to have some connection with reality. And Trump even said, no,
• 1:11:32
  Speaker 2: we've got enough. We're okay. But he can say that.
• 1:11:40
  Speaker 2: But where does all this information about how we don't
• 1:11:42
  Speaker 2: have enough of these weapons come from? The fog of war,
• 1:11:47
  Speaker 2: obviously a real problem. I wish I had the real
• 1:11:52
  Speaker 2: answer to all these questions, but you just simply don't.
• 1:11:54
  Speaker 2: You're going to have to wait for it. But again,
• 1:11:56
  Speaker 2: the amount of accumulation of information about how we're short
• 1:11:59
  Speaker 2: on supplies... The idea that we are engaging in multi,
• 1:12:03
  Speaker 2: multi-billion dollar contracts with these manufacturers to get them to
• 1:12:08
  Speaker 2: build more, to get them to build them quicker, to
• 1:12:11
  Speaker 2: increase production numbers. I think that suggests that the reports
• 1:12:16
  Speaker 2: about limited hardware out there are probably pretty damn accurate. So,
• 1:12:24
  Speaker 2: challenges abound, folks. Challenges abound. I guess I keep going
• 1:12:29
  Speaker 2: back to, you know, Trump's not in the election this November.
• 1:12:32
  Speaker 2: Going back to all the reasons why people are upset
• 1:12:34
  Speaker 2: with the current situation in the world. Yeah, we're in
• 1:12:35
  Speaker 2: a war and it sucks. The data center argument. The
• 1:12:41
  Speaker 2: economy and the inflation, the price of gasoline. These are
• 1:12:44
  Speaker 2: all reasons to be upset and angry. But when your alternative,
• 1:12:50
  Speaker 2: when your choice on the other side of politics is socialism,
• 1:12:54
  Speaker 2: Embraced by all Democrats, rejected by very few, they're not
• 1:12:58
  Speaker 2: going to step on any toes in their big tent.
• 1:13:01
  Speaker 2: And their willingness to join hands and show unanimity and
• 1:13:06
  Speaker 2: show a full-on agreement within their party, you know these
• 1:13:10
  Speaker 2: policies are going to be advanced. So yeah, you've got
• 1:13:14
  Speaker 2: to ignore a lot of the lousy things that are
• 1:13:16
  Speaker 2: going on in the world. Hold your nose and get
• 1:13:17
  Speaker 2: in and vote this November, because if you don't, you
• 1:13:20
  Speaker 2: are going to be guaranteed a far-left shift in this country.
• 1:13:24
  Speaker 2: And well, ask yourself this. Are they offering any explanation,
• 1:13:32
  Speaker 2: at least in terms of funding what they're promising? You
• 1:13:37
  Speaker 2: feel desperate out there and you're looking for a government
• 1:13:39
  Speaker 2: that's there to save you and rescue you. Are they
• 1:13:43
  Speaker 2: offering anything that is possible by way of solution? And
• 1:13:48
  Speaker 2: the answer is when you crunch the numbers, absolutely not.
• 1:13:51
  Speaker 2: What they're offering you is a lie. I mean, Medicare
• 1:13:56
  Speaker 2: for all, in and of itself, would break the bank fiscally.
• 1:13:58
  Speaker 2: Not that we're already not broken fiscally in this country
• 1:14:01
  Speaker 2: by virtue of the spending path we've been on for decades.
• 1:14:04
  Speaker 2: It's crazy, folks. 715-55-CARE, Steve Talks Station. Speaking of money,
• 1:14:08
  Speaker 2: I can save you a bunch of money by referring
• 1:14:11
  Speaker 2: you to 719 on a Monday. It's that time of week.
• 1:14:13
  Speaker 2: I always look forward to it. Christopher Smitherman, former vice
• 1:14:16
  Speaker 2: mayor of the city of Cincinnati, offering his thoughts and
• 1:14:18
  Speaker 2: comments in a segment we call the Smithervan. Christopher, welcome back,
• 1:14:22
  Speaker 2: my friend. It's always great having you on the program.
• 1:14:25
  Speaker 3: Brian, thanks for having me on. I'm so frustrated this
• 1:14:32
  Speaker 3: morning when I hear about a four-year-old girl, and I've
• 1:14:35
  Speaker 3: been listening to your show. She's sitting on her porch,
• 1:14:41
  Speaker 3: and in South Cummingsville, there's a shootout, like a war shootout,
• 1:14:48
  Speaker 3: and a four-year-old is shot. Now, she's in a hospital
• 1:14:53
  Speaker 3: in Cincinnati fighting for her life. I can see her
• 1:14:56
  Speaker 3: family there in the waiting room all weekend at surgery
• 1:15:03
  Speaker 3: after surgery. We don't even know whether the four-year-old girl
• 1:15:07
  Speaker 3: is going to live. And people ask me, Brian, why
• 1:15:12
  Speaker 3: do I talk about this? Because I don't want to
• 1:15:16
  Speaker 3: be that leader that accepts this as normal. It's not
• 1:15:22
  Speaker 3: normal to for a four-year-old to be sitting on her
• 1:15:25
  Speaker 3: porch and be shot. It's not normal a year or
• 1:15:31
  Speaker 3: so ago, the 11-year-old by Corey Bowman's church playing on
• 1:15:37
  Speaker 3: a playground. She shot in her chest. And we still
• 1:15:41
  Speaker 3: don't know who killed her. It's not normal, dude. And
• 1:15:47
  Speaker 3: we've got a mayor. We've got a city council. That
• 1:15:52
  Speaker 3: is so disconnected from this kind of bad behavior. And
• 1:16:01
  Speaker 3: it incenses me to my core. And so I don't
• 1:16:04
  Speaker 3: want to be the leader. And I've been listening to
• 1:16:07
  Speaker 3: your show, Brian, because you've been highlighting it. You obviously
• 1:16:11
  Speaker 3: don't want to be the leader.
• 1:16:13
  Speaker 1: That accepts.
• 1:16:15
  Speaker 3: That a four-year-old girl is sitting on a porch and
• 1:16:20
  Speaker 3: is shot in South Cummingsville. I, Christopher, I guess I,
• 1:16:28
  Speaker 3: trying to put myself in the position of, do you
• 1:16:32
  Speaker 3: think that these.
• 1:16:32
  Speaker 2: Are gang, we have gang problems in downtown Cincinnati. I've been,
• 1:16:35
  Speaker 2: I've heard that a lot. I've heard it from you
• 1:16:36
  Speaker 2: and others, but let's assume this is a gang situation.
• 1:16:38
  Speaker 2: You got, you know, the, the bad guys are over there,
• 1:16:41
  Speaker 2: the other gang, and you're a gang member on this
• 1:16:43
  Speaker 2: side and you start squeezing off rounds of the other guys.
• 1:16:45
  Speaker 2: that you might have some sense of awareness around you
• 1:16:47
  Speaker 2: that there is a four-year-old in your line of fire,
• 1:16:50
  Speaker 2: that you might not want to do that because it's
• 1:16:52
  Speaker 2: going to bring down massive police heat, hopefully. You're going
• 1:16:54
  Speaker 2: to get caught. Maybe the cameras will catch you. You're
• 1:16:56
  Speaker 2: going to be, you know, tried and convicted of shooting
• 1:16:59
  Speaker 2: a four-year-old. I mean, I just, I don't understand it.
• 1:17:03
  Speaker 2: But then again, who in the hell starts randomly shooting
• 1:17:06
  Speaker 2: into crowds of people anyway? That's just bat crap insane, Christopher.
• 1:17:09
  Speaker 2: Can you imagine? through legislation, through good leadership, effective leadership,
• 1:17:14
  Speaker 2: stop idiots from doing idiot things.
• 1:17:17
  Speaker 3: Yes. And the way the government has been responding to
• 1:17:23
  Speaker 3: violent crime by being inactive, meaning not allowing your police
• 1:17:30
  Speaker 3: to do the proactive policing, stopping people, asking questions, When
• 1:17:39
  Speaker 3: people are caught, Brian, they're arrested and the judges.
• 1:17:43
  Speaker 4: Are letting them out.
• 1:17:46
  Speaker 3: Within three days, no bonds, you got a gun, you
• 1:17:49
  Speaker 3: shot somebody. The system and the criminals understand it, that
• 1:17:56
  Speaker 3: when they do crazy things, nothing's going to happen to them,
• 1:18:00
  Speaker 3: Brian Thomas.
• 1:18:01
  Speaker 1: So that's the problem.
• 1:18:02
  Speaker 3: The problem is that the criminals now are running the show. Right.
• 1:18:07
  Speaker 3: And city hall is sitting back quiet about it. For example, if,
• 1:18:14
  Speaker 3: if the mayor, if there was some ribbon cutting somewhere,
• 1:18:17
  Speaker 3: you would find mayor after half out saying something about it.
• 1:18:22
  Speaker 3: How does a four-year-old girl shot in your city sitting
• 1:18:25
  Speaker 3: on her porch? And we haven't heard.
• 1:18:27
  Speaker 1: From the mayor.
• 1:18:28
  Speaker 2: Yeah.
• 1:18:29
  Speaker 3: How does that happen?
• 1:18:31
  Speaker 4: It shouldn't be.
• 1:18:32
  Speaker 3: Your voice and my voice and the top of the
• 1:18:34
  Speaker 3: hour saying, We should have a statement already from the mayor.
• 1:18:38
  Speaker 3: This is unacceptable, and we're going to find the people.
• 1:18:41
  Speaker 3: We're going to search. We're going to turn over every rock,
• 1:18:44
  Speaker 3: and we're going to find who shot a four-year-old girl
• 1:18:47
  Speaker 3: sitting on a porch. But guess what? crickets at city hall.
• 1:18:51
  Speaker 2: Right and that opportunity provides a wonderful opportunity for the
• 1:18:54
  Speaker 2: mayor to plea to the folks that might have information
• 1:18:58
  Speaker 2: on who in the hell did this to help out
• 1:19:00
  Speaker 2: yeah and drop a dime in the police department so
• 1:19:02
  Speaker 2: we can find these evil guys you know this is
• 1:19:05
  Speaker 2: what we need we need cooperation between members of the
• 1:19:08
  Speaker 2: community and the police department for our own best interest
• 1:19:11
  Speaker 2: so four-year-olds don't get shot anymore that's a good use
• 1:19:14
  Speaker 2: of the time That's right.
• 1:19:16
  Speaker 3: And I know we're short on time in the break,
• 1:19:20
  Speaker 3: but when we come back, I want to talk about
• 1:19:23
  Speaker 3: why he doesn't.
• 1:19:25
  Speaker 7: Oh.
• 1:19:25
  Speaker 3: Because there's a reason why Mayor Aftab doesn't do that
• 1:19:30
  Speaker 3: going into Labor Day weekend.
• 1:19:32
  Speaker 4: There's a reason.
• 1:19:34
  Speaker 2: I cannot wait. We'll bring Christopher Smith back to reveal
• 1:19:37
  Speaker 2: and unfold the reason for this insanity going on in
• 1:19:39
  Speaker 2: downtown Cincinnati.
• 1:19:40
  Speaker 3: The Talk Station.
• 1:19:40
  Speaker 2: 729-55-KRC-TheTalkStation.com. Monday, talking with Christopher Smitherman in the middle of
• 1:19:47
  Speaker 2: the Smitherman. All right, you teased what we were going
• 1:19:49
  Speaker 2: to talk about in this segment, particularly why it is
• 1:19:52
  Speaker 2: that the city's mayor doesn't want to talk about crime
• 1:19:56
  Speaker 2: at all. He doesn't use opportunities like a four-year-old getting
• 1:19:59
  Speaker 2: shot on a porch in crossfire between presumably gang members.
• 1:20:02
  Speaker 2: Why he doesn't use that as an opportunity to plea
• 1:20:05
  Speaker 2: to the citizens to help police officers solve this and
• 1:20:09
  Speaker 2: other crimes. Christopher, what's going on?
• 1:20:13
  Speaker 3: So, Brian, the only way to expose the mayor is
• 1:20:18
  Speaker 3: to show his previous behavior. So, a year or so ago,
• 1:20:24
  Speaker 3: when there was a fight, a brawl in downtown Cincinnati,
• 1:20:30
  Speaker 3: where you had at least three press conferences where broad
• 1:20:37
  Speaker 3: leaders were brought together, the mayor was there, the city manager...
• 1:20:41
  Speaker 3: The city's solicitors, I mean, they brought everybody to that
• 1:20:43
  Speaker 3: press conference. And they demanded that a white person be arrested.
• 1:20:48
  Speaker 3: Stay with me on this. There was so much energy
• 1:20:52
  Speaker 3: around those press conferences.
• 1:20:57
  Speaker 1: So why do.
• 1:20:59
  Speaker 3: They treat that, and they were wrong about that, but
• 1:21:03
  Speaker 3: we were headed into an election. They were up for reelection.
• 1:21:08
  Speaker 3: That's the Jerry Maguire moment. where they're looking for that
• 1:21:13
  Speaker 3: issue that moves their political career forward in some kind
• 1:21:19
  Speaker 3: of way. They're using a situation. Why wouldn't they hold
• 1:21:24
  Speaker 3: a press conference today with a little black girl or
• 1:21:29
  Speaker 3: the black girl who was killed a year ago on
• 1:21:32
  Speaker 3: the playground by Corey Bowman's church? Why weren't there ever
• 1:21:37
  Speaker 3: any press conferences when Rhonda Wynn's daughter was murdered, five
• 1:21:42
  Speaker 3: children walking through OTR in 2025, no arrest. Why don't
• 1:21:49
  Speaker 3: they hold those press conferences? Because white people aren't involved. See,
• 1:21:56
  Speaker 3: they're so racially charged that a white person, Brian Thomas,
• 1:22:01
  Speaker 3: has to be involved in the incident for it to
• 1:22:04
  Speaker 3: be valuable to them. The life of that Black girl,
• 1:22:08
  Speaker 3: as they say, Black Lives Matter, Only matters if a
• 1:22:12
  Speaker 3: white person is taking it or a white person is
• 1:22:15
  Speaker 3: involved in it. If it's black on black, this city
• 1:22:19
  Speaker 3: hall doesn't care. They're not interested in that narrative because
• 1:22:25
  Speaker 3: it doesn't help their political careers. You have to look.
• 1:22:30
  Speaker 1: At the behavior.
• 1:22:32
  Speaker 3: They hold press conferences. They demand that white people be arrested.
• 1:22:36
  Speaker 3: They were wrong about that. White people started this fight.
• 1:22:39
  Speaker 3: They didn't. They showed white people being smashed, brutally beat
• 1:22:44
  Speaker 3: up in downtown Cincinnati. And there were at least three
• 1:22:48
  Speaker 3: press conferences about it. Here, four-year-old black girl shot on
• 1:22:54
  Speaker 3: her porch. Eleven-year-old shot on a playground, right? Rhonda Wynn's
• 1:23:00
  Speaker 3: daughter being shot walking across the street. And we don't
• 1:23:04
  Speaker 3: have that same type of political energy because they just
• 1:23:08
  Speaker 3: don't care, Brian Thomas. You have to insert with a
• 1:23:11
  Speaker 3: Democrat that a white person is there involved. And that
• 1:23:16
  Speaker 3: is what makes the black life valuable. Outside of that,
• 1:23:20
  Speaker 3: they'll say nothing.
• 1:23:21
  Speaker 6: About it, sir.
• 1:23:24
  Speaker 4: But.
• 1:23:25
  Speaker 2: That masks the problem, Christopher, does it not? I mean,
• 1:23:30
  Speaker 2: the whole idea that, for example, was it that Russian
• 1:23:32
  Speaker 2: guy that they insisted be charged when he didn't really
• 1:23:34
  Speaker 2: do anything? That they couldn't get an officer on the
• 1:23:37
  Speaker 2: scene to charge him with a crime because they couldn't
• 1:23:39
  Speaker 2: find that he had committed a crime?
• 1:23:40
  Speaker 10: Correct.
• 1:23:42
  Speaker 2: And so they roll him out and they force... the captain,
• 1:23:46
  Speaker 2: I guess, at the time to issue the citation, they
• 1:23:48
  Speaker 2: made him do it, I guess under threat of him
• 1:23:51
  Speaker 2: losing his job. So he was forced to do something
• 1:23:53
  Speaker 2: that I suppose in his experience, since there was no
• 1:23:55
  Speaker 2: crime that he could discern, to charge someone criminally. That,
• 1:24:00
  Speaker 2: to me, it is outrageous beyond words. But what good
• 1:24:07
  Speaker 2: are you doing for any community if you refuse to
• 1:24:10
  Speaker 2: address headlong the problem, which is black-on-black crimes? It's not
• 1:24:15
  Speaker 2: all black people, Christopher. You know darn well that many
• 1:24:19
  Speaker 2: people in largely predominantly black communities don't have a problem
• 1:24:23
  Speaker 2: with the police officers and appreciate them patrolling the neighborhoods
• 1:24:25
  Speaker 2: because it creates a little bit more safety in their communities.
• 1:24:28
  Speaker 2: So it's a segment of the broader population. You're not
• 1:24:32
  Speaker 2: being racist by accusing some segment of society of being
• 1:24:35
  Speaker 2: criminals when they are demonstrably criminals. I don't understand it.
• 1:24:39
  Speaker 3: See, this mayor believes in He wants to protect the
• 1:24:56
  Speaker 3: criminals because he believes in his mind that the criminal
• 1:25:01
  Speaker 3: justice system in some way has been detrimental to black Americans.
• 1:25:06
  Speaker 3: So this is this restorative kind of conversation. And in that,
• 1:25:14
  Speaker 3: you could have a black person with a gun shooting
• 1:25:19
  Speaker 3: and a judge let him out. Because they're black?
• 1:25:25
  Speaker 1: Yes.
• 1:25:29
  Speaker 2: Do not shoot someone. Do not murder someone. Does that
• 1:25:33
  Speaker 2: bear a racial strike, Christopher?
• 1:25:35
  Speaker 3: Brian, if you start putting your logic on this, you'll
• 1:25:40
  Speaker 3: be lost like I'm lost in it. But what I'm
• 1:25:43
  Speaker 3: sharing with you is that you have a government that
• 1:25:46
  Speaker 3: doesn't believe in the police. They do not believe in
• 1:25:48
  Speaker 3: law and order. And I'm sharing with you that the
• 1:25:52
  Speaker 3: magical sauce for them is a white person and specifically
• 1:25:57
  Speaker 3: a white male must be involved for it to matter.
• 1:26:05
  Speaker 2: So it's as if a crime has not occurred when
• 1:26:08
  Speaker 2: it doesn't involve a white person.
• 1:26:10
  Speaker 4: That's correct.
• 1:26:11
  Speaker 2: So what becomes of society?
• 1:26:13
  Speaker 3: Brian Thomas listens to me as crazy as it is, sir.
• 1:26:18
  Speaker 2: I know.
• 1:26:19
  Speaker 1: That is where we are.
• 1:26:22
  Speaker 3: And I'm sharing with you if tomorrow there's a white
• 1:26:26
  Speaker 3: officer who's involved in a shooting with a black male
• 1:26:31
  Speaker 3: with a gun. Anywhere in our 50 states, as we
• 1:26:36
  Speaker 3: go into Labor Day weekend, the Jerry Maguire moment will begin.
• 1:26:41
  Speaker 3: But the four-year-old girl who was shot on her front
• 1:26:44
  Speaker 3: porch or the 11-year-old who was shot a year ago
• 1:26:49
  Speaker 3: on that playground in OTR where they would not put
• 1:26:52
  Speaker 3: up lighting, they will not discuss it. It's the inconsistencies
• 1:26:58
  Speaker 3: that you see that expose their hypocrisy, Brian Thomas. You
• 1:27:03
  Speaker 3: have to have a white person involved in the sauce
• 1:27:08
  Speaker 3: with the Democratic Party for black lives to matter. Outside
• 1:27:12
  Speaker 3: of that, it's not going to matter, sir.
• 1:27:14
  Speaker 4: I hear you.
• 1:27:14
  Speaker 2: And I think you're right. And if there is a
• 1:27:16
  Speaker 2: white officer involved in a shooting of a black person
• 1:27:20
  Speaker 2: that maybe attacked him with a gun, whatever, you have
• 1:27:22
  Speaker 2: a clear, you know, a justifiable shooting. In other words,
• 1:27:26
  Speaker 2: eminent apprehension of grievous bodily harm or death. The officer
• 1:27:28
  Speaker 2: felt that way and was justified in using the firearm.
• 1:27:31
  Speaker 2: It would blow up. It would be nationwide. Here we go.
• 1:27:33
  Speaker 2: Here we go. Evil white officer shooting a poor, you know,
• 1:27:37
  Speaker 2: unarmed or whatever black man. Why does it happen that it,
• 1:27:41
  Speaker 2: that particular instance would blow up? I think Christopher's because
• 1:27:46
  Speaker 2: it's so, it happens so infrequently. And yet every single weekend,
• 1:27:49
  Speaker 2: you and I have to, every single Monday, you and
• 1:27:51
  Speaker 2: I are looking back over the weekend and And talking
• 1:27:53
  Speaker 2: about all this black-on-black crime, murders, poor four-year-old black kids
• 1:27:57
  Speaker 2: minding their own business on the front porch getting gunned
• 1:27:59
  Speaker 2: down by some gangbanger driving by. I guess that happens
• 1:28:02
  Speaker 2: so often it's not even worth addressing, Christopher. Is that
• 1:28:04
  Speaker 2: where we are?
• 1:28:07
  Speaker 3: It's worse than that, but that's part of it. It's
• 1:28:09
  Speaker 3: worse than that. It's saying this doesn't move their political needle, right?
• 1:28:16
  Speaker 3: They're interested in headlines. They're interested in clicks. This is
• 1:28:22
  Speaker 3: where their mindset is. So, for example, if the mayor
• 1:28:26
  Speaker 3: comes out and makes a statement about this four-year-old being shot,
• 1:28:31
  Speaker 3: the context of it will be that's bad, but I
• 1:28:34
  Speaker 3: want to let you know crime is down. This is
• 1:28:37
  Speaker 3: about your perception.
• 1:28:39
  Speaker 1: We have it.
• 1:28:40
  Speaker 3: Crime under control. It won't be about the atrocity of
• 1:28:45
  Speaker 3: a four-year-old who's being shot and that family in the
• 1:28:48
  Speaker 3: emergency room trying to put her back together. That will
• 1:28:52
  Speaker 3: not be his focus. His focus will quickly pivot Two,
• 1:28:56
  Speaker 3: we've got to get guns off the streets. It's the
• 1:28:58
  Speaker 3: guns issue. Somebody's putting guns in the urban core. Two,
• 1:29:02
  Speaker 3: the next step is your perception crime is down. He
• 1:29:06
  Speaker 3: can't stay focused on the issue of the girl being shot.
• 1:29:09
  Speaker 2: All right, pause. We're out of time. In a second,
• 1:29:11
  Speaker 2: we'll bring Christopher back. It's 7.38 right now, 55KRCD Talk Station.
• 1:29:15
  Speaker 2: I want you to get USA Insult. 7.41, 55KRCD Talk Station.
• 1:29:20
  Speaker 2: Brian Thomas with Christopher Smitheman talking about violence modally. Violence
• 1:29:25
  Speaker 2: in downtown Cincinnati. Our mayor does not seek to address
• 1:29:29
  Speaker 2: it or talk about it, doesn't use the shooting of
• 1:29:30
  Speaker 2: a four-year-old, for example, to plea to the community to
• 1:29:33
  Speaker 2: help out the police department and solve the crime. And
• 1:29:35
  Speaker 2: the other thing, I just saw this post from earlier
• 1:29:37
  Speaker 2: this morning, Christopher, over at Signal 99, who usually comes
• 1:29:41
  Speaker 2: fully loaded with all the information and the inside scoop.
• 1:29:45
  Speaker 2: Listen to what she wrote this morning. Talking about Judge
• 1:29:48
  Speaker 2: Bloom in the juvenile court not being real difficult or
• 1:29:50
  Speaker 2: hard on crime and letting juveniles go off with a
• 1:29:52
  Speaker 2: pass quite often. She says, consider this. If a juvenile
• 1:29:55
  Speaker 2: shoots at you and tries to kill you but misses,
• 1:29:59
  Speaker 2: Judge Bloom rules in juvenile court will throw out the
• 1:30:02
  Speaker 2: gun spec charge. Gun spec charges get filed by officers,
• 1:30:06
  Speaker 2: tossed by Bloom's juvenile court, and she points out gun
• 1:30:09
  Speaker 2: spec convictions carry mandatory sentencing, and Judge Bloom will not
• 1:30:13
  Speaker 2: allow that for anything but homicides or felonious assault. If
• 1:30:16
  Speaker 2: there's a gun problem out there, how do you deal
• 1:30:18
  Speaker 2: with gun problems? Don't you prosecute the ones with the
• 1:30:20
  Speaker 2: guns and charge them to the fullest extent of the
• 1:30:23
  Speaker 2: law to send a warning shot out to all the
• 1:30:24
  Speaker 2: other kids who might pick up a gun, Christopher?
• 1:30:27
  Speaker 3: Absolutely. Because the next time they shoot, then they kill somebody. Absolutely.
• 1:30:32
  Speaker 2: Or hit a four-year-old.
• 1:30:34
  Speaker 1: Or hit a four-year-old.
• 1:30:36
  Speaker 3: Brian, let me take this opportunity to highlight our officers
• 1:30:40
  Speaker 3: who were injured last week in a chase through downtown,
• 1:30:44
  Speaker 3: 70 miles an hour. where the person hit another van,
• 1:30:49
  Speaker 3: sent three people to the hospital, and the two officers
• 1:30:53
  Speaker 3: crashed and went to the hospital. Five people to the hospital,
• 1:30:57
  Speaker 3: two officers hurt. Yet again, you don't hear anything from
• 1:31:02
  Speaker 3: City Hall about that, right? And so, you know, this
• 1:31:06
  Speaker 3: is why our officers don't feel supported, because they're out
• 1:31:10
  Speaker 3: there every day trying to deal with this craziness. But
• 1:31:14
  Speaker 3: when they're injured, They're doing their jobs. You don't hear
• 1:31:19
  Speaker 3: the mayor go to the hospital. Let me check on them.
• 1:31:23
  Speaker 3: Let me call Ken Cobra and figure out how they're doing,
• 1:31:26
  Speaker 3: President Ken Cobra of the FOP. These stories are buried, dude,
• 1:31:32
  Speaker 3: in the news, and there's a reason why these stories
• 1:31:37
  Speaker 3: are buried in the news. And my understanding is the
• 1:31:40
  Speaker 3: gentleman who was driving that car that they were chasing
• 1:31:43
  Speaker 3: is someone, as you described, who had already been arrested
• 1:31:47
  Speaker 3: and had been let out. And there he is yet again,
• 1:31:51
  Speaker 3: driving a car and almost killed five people. This is
• 1:31:56
  Speaker 3: the same situation that you're talking about in juvenile court.
• 1:32:00
  Speaker 3: This judge is saying on Signal 99, I shoot, but
• 1:32:03
  Speaker 3: I don't hit anybody. Well, let me let them out.
• 1:32:06
  Speaker 3: So I guess they can keep shooting. I don't get it,
• 1:32:12
  Speaker 3: Brian Thomas. I'm trying to get my hands around why
• 1:32:19
  Speaker 3: this city seems to be very, very soft on crime.
• 1:32:24
  Speaker 3: And what that does is it puts all of us,
• 1:32:28
  Speaker 3: all 52.
• 1:32:29
  Speaker 1: Neighborhoods, at risk.
• 1:32:31
  Speaker 3: And the sad part about it is if the election
• 1:32:34
  Speaker 3: was tomorrow, they'd vote the same people in. They'd do
• 1:32:38
  Speaker 3: the exact same thing. So I'm not suggesting that I
• 1:32:42
  Speaker 3: have the answer, and I don't know what it's going
• 1:32:44
  Speaker 3: to take to wake up the electorate that this is
• 1:32:47
  Speaker 3: not about politics, man. This is about our lives, our
• 1:32:50
  Speaker 3: quality of life, and making sure that we are electing
• 1:32:54
  Speaker 3: people that focus on the basics for us, right? So
• 1:32:57
  Speaker 3: that I can drive through downtown. I can drive my
• 1:33:01
  Speaker 3: car through downtown and not feel like someone driving 70
• 1:33:06
  Speaker 3: miles an hour who's been let out by a judge,
• 1:33:10
  Speaker 3: is going to run into my car and kill my
• 1:33:12
  Speaker 3: whole family. I have the right as a citizen to
• 1:33:16
  Speaker 3: believe that the leaders, the judges, the county commissioners, the mayor,
• 1:33:21
  Speaker 3: the members of council, that they're going to at least
• 1:33:25
  Speaker 3: all agree that keeping us safe is their number one charge.
• 1:33:30
  Speaker 3: I don't want to leave our show and our time
• 1:33:34
  Speaker 3: together without just acknowledging, and I've heard you talk about
• 1:33:37
  Speaker 3: what happened in Nepal. Look, man, my heart goes out
• 1:33:42
  Speaker 3: to all the people. The numbers were in the hundreds.
• 1:33:44
  Speaker 3: Now we're in the 5,000. We're probably going to get
• 1:33:47
  Speaker 3: into the 10,000s. of people that are missing or covered
• 1:33:52
  Speaker 3: that they can't find. And so my heart certainly go
• 1:33:55
  Speaker 3: out for that international crisis. It's on my radar. And
• 1:34:01
  Speaker 3: I certainly have said prayers for those people. And I've
• 1:34:04
  Speaker 3: heard you this morning talking about that national crisis.
• 1:34:10
  Speaker 2: Yeah, it's a horror show there. I mentioned it in
• 1:34:13
  Speaker 2: the context of Matthew 25 Ministries being wonderful about getting
• 1:34:17
  Speaker 2: whatever your contribution is to the people who most need
• 1:34:19
  Speaker 2: it as opposed to paying off CEOs and boards of
• 1:34:22
  Speaker 2: directors and massive overhead. I mean, there are charitable institutions
• 1:34:25
  Speaker 2: out there, but quite often a lot of the money
• 1:34:27
  Speaker 2: doesn't go where it needs. So that's why I always
• 1:34:29
  Speaker 2: put a plug in for m25m. org, I believe, website. Your
• 1:34:33
  Speaker 2: dollars will reach it. Christopher, I just have to, before
• 1:34:36
  Speaker 2: we part company on this topic, going back to the
• 1:34:38
  Speaker 2: juvenile courts, On the heels of Signal 99 pointing out
• 1:34:43
  Speaker 2: that gun spec charges get chucked out by Judge Bloom
• 1:34:46
  Speaker 2: in the juvenile court. Then she pivots and gives a
• 1:34:49
  Speaker 2: great illustration. This is right in your wheelhouse there, Christopher.
• 1:34:51
  Speaker 2: Now let's talk about 15-year-old Daravion Marshall, finally bound over
• 1:34:56
  Speaker 2: to be charged as an adult for shooting and killing
• 1:34:58
  Speaker 2: 25-year-old Kyle Merrick, April 2025 on Short Vine. Daravion Marshall
• 1:35:04
  Speaker 2: had previously been charged with 16... serious charges starting when
• 1:35:09
  Speaker 2: he was 13. Several of the charges were robbery with
• 1:35:12
  Speaker 2: gun spec charges. Gun spec charges were tossed per Bloom. Dravion,
• 1:35:17
  Speaker 2: out on electronic monitoring, he cut off his ankle monitor
• 1:35:21
  Speaker 2: and then went out and murdered Merrick a few days later.
• 1:35:25
  Speaker 2: Had the previous robbery with gun spec charges been allowed
• 1:35:28
  Speaker 2: not to be removed by Bloom's, she says little meat puppets,
• 1:35:31
  Speaker 2: but by Bloom and her policies, who threw out all
• 1:35:33
  Speaker 2: the gun spec charges and allowed this kid to continue
• 1:35:35
  Speaker 2: to be let out on the street Merrick would still
• 1:35:38
  Speaker 2: be alive today. There's a perfect illustration of exactly what
• 1:35:42
  Speaker 2: you're talking about there, Christopher.
• 1:35:44
  Speaker 3: Absolutely. And I don't know why our judges can't be
• 1:35:49
  Speaker 3: held accountable when they make these kinds of errors and
• 1:35:54
  Speaker 3: it costs somebody their life. So you have the person
• 1:35:59
  Speaker 3: in custody and you didn't hold them. or you didn't
• 1:36:02
  Speaker 3: hold them accountable, and then they killed your loved one.
• 1:36:06
  Speaker 3: We've got to look at how we can hold judges accountable.
• 1:36:11
  Speaker 3: Me as a stockbroker, if I make an error, I
• 1:36:15
  Speaker 3: have E & O insurance. There's accountability in that. I
• 1:36:20
  Speaker 3: don't understand why a judge doesn't have similar moments where
• 1:36:25
  Speaker 3: you've got a bad person in front of you and
• 1:36:27
  Speaker 3: you say, well, I'm just going.
• 1:36:28
  Speaker 4: To let them out.
• 1:36:29
  Speaker 3: And a month later, they kill somebody, and that judge
• 1:36:34
  Speaker 3: keeps their job, or we can't legally go after that
• 1:36:37
  Speaker 3: judge for making that bad decision.
• 1:36:39
  Speaker 4: Some things are obvious.
• 1:36:40
  Speaker 2: The instant response to that is two things. First off,
• 1:36:43
  Speaker 2: it's the ballot box is what we're always told. Well,
• 1:36:45
  Speaker 2: your choice is don't vote them into office. Vote somebody
• 1:36:48
  Speaker 2: else in. In this particular case, we should all vote
• 1:36:50
  Speaker 2: for Susan Lucan as juvenile court judge to get rid
• 1:36:52
  Speaker 2: of Bloom. Susan has promised to be a lot tougher
• 1:36:54
  Speaker 2: on crime than Judge Bloom has demonstrated that she is.
• 1:36:57
  Speaker 2: She doesn't care about holding these juveniles accountable. But the
• 1:36:59
  Speaker 2: other thing is if you're a judge and you're sitting
• 1:37:01
  Speaker 2: there and this is their argument, how can I read
• 1:37:03
  Speaker 2: the future? This little, you know, Dravion has been in
• 1:37:06
  Speaker 2: front of me many times. I think he's finally learned
• 1:37:08
  Speaker 2: his lesson that he shouldn't be out on the streets.
• 1:37:10
  Speaker 2: I'm going to let him out on emergency or on
• 1:37:12
  Speaker 2: electronic monitoring and he'll stay at home with his mom.
• 1:37:15
  Speaker 2: And no, it didn't work out that way. Well, I
• 1:37:18
  Speaker 2: couldn't see the future. How was I to know that
• 1:37:21
  Speaker 2: he was going to go out and kill this Merrick guy?
• 1:37:24
  Speaker 2: I don't know that there's any response to that, Christopher.
• 1:37:26
  Speaker 2: And therein lies the challenge.
• 1:37:28
  Speaker 3: Well, all I would say, Brian, is that when you
• 1:37:32
  Speaker 3: have a repeat offender, I think our judges have the
• 1:37:36
  Speaker 3: responsibility to at least spend time holding them, holding hearings,
• 1:37:43
  Speaker 3: making sure that the decision, whatever it's going to be,
• 1:37:47
  Speaker 3: that decision, you're showing the public, I thought about it.
• 1:37:51
  Speaker 3: Don't tell me you arrested them on Friday and they're
• 1:37:54
  Speaker 3: back on the street on Monday. See, that's what's driving,
• 1:37:58
  Speaker 3: I think, the public crazy, that you've got somebody with
• 1:38:01
  Speaker 3: a gun. They didn't kill anybody, but they shot. They're 15.
• 1:38:04
  Speaker 3: They shot, you know, randomly. You arrest them on Friday
• 1:38:08
  Speaker 3: and they're back on the street on Monday.
• 1:38:12
  Speaker 4: I think these.
• 1:38:13
  Speaker 3: Judges– and I agree with you that Susan Lukin, that's
• 1:38:18
  Speaker 3: the penicillin. People should be voting for her, no question
• 1:38:22
  Speaker 3: about it. But there are all of these elections that
• 1:38:24
  Speaker 3: are coming up that I think that we should be
• 1:38:28
  Speaker 3: red alerting. I don't know why. the margin of error
• 1:38:31
  Speaker 3: is two or three percent on some of these Senate
• 1:38:34
  Speaker 3: races across our country. From my perspective, they shouldn't even
• 1:38:38
  Speaker 3: be close.
• 1:38:39
  Speaker 1: I agree.
• 1:38:40
  Speaker 3: And so I don't know what the public is thinking about.
• 1:38:42
  Speaker 3: But all I can tell you is this. When I
• 1:38:45
  Speaker 3: dropped my daughter off at BGSU, the first person that
• 1:38:49
  Speaker 3: approached us was, I'd like to register you to vote.
• 1:38:52
  Speaker 3: And I looked at that person and said, my daughter
• 1:38:55
  Speaker 3: is registered.
• 1:38:56
  Speaker 1: And she will vote at home.
• 1:38:58
  Speaker 3: So I can tell you that these universities are energized
• 1:39:02
  Speaker 3: and they're out there trying to register our babies, our
• 1:39:05
  Speaker 3: children to vote where they go to college so that
• 1:39:10
  Speaker 3: they can harvest those votes and to make that 2%
• 1:39:13
  Speaker 3: and 3% margin as close as they possibly can. And
• 1:39:17
  Speaker 3: I tell parents out there, make sure that your children
• 1:39:21
  Speaker 3: are voting at home. They're not voting at these universities
• 1:39:24
  Speaker 3: where these professors and these administrators are trying to harvest
• 1:39:28
  Speaker 3: their votes.
• 1:39:30
  Speaker 2: Christopher Smith, I appreciate the heads up on that reality,
• 1:39:32
  Speaker 2: and God bless your daughter, and I wish her all
• 1:39:34
  Speaker 2: the best dealing with the challenges of modern college education.
• 1:39:37
  Speaker 2: We'll do this next Monday, my friend. Thank you so much, Brian.
• 1:39:40
  Speaker 3: Take care, buddy.
• 1:39:40
  Speaker 2: You do the same. 752-55-KRC, the talk station. Hey, if
• 1:39:43
  Speaker 2: your trees are showing.
• 1:39:44
  Speaker 4: That made America.
• 1:39:46
  Speaker 5: 250 years of the struggle for life's liberty.
• 1:39:49
  Speaker 4: And the pursuit of happiness. The stories that are still
• 1:39:52
  Speaker 4: shaping our nation. You've seen nothing yet.
• 1:39:54
  Speaker 2: 55-KRC, the talk station. 805 right now 55 care cd
• 1:40:01
  Speaker 2: talk station it being monday it's that time of week
• 1:40:04
  Speaker 2: get the benefit of brian james mauler financial doing what
• 1:40:07
  Speaker 2: we call money monday talking about well thinking about retirement
• 1:40:10
  Speaker 2: what's going on in the world and rate hikes welcome
• 1:40:12
  Speaker 2: back brian james always good to have you on the
• 1:40:14
  Speaker 2: show my friend.
• 1:40:16
  Speaker 4: Always good to be here. Appreciate the invite once again.
• 1:40:18
  Speaker 2: Well, and I don't want to throw you a curveball,
• 1:40:20
  Speaker 2: but you're on top of this kind of thing.
• 1:40:22
  Speaker 4: You love throwing me curveballs. It's your thing.
• 1:40:24
  Speaker 2: You always field them so well, Brian.
• 1:40:28
  Speaker 4: Hit me.
• 1:40:28
  Speaker 2: For whatever reason, and maybe you can just address a
• 1:40:31
  Speaker 2: general concept, it feels... economically, it feels bad out there.
• 1:40:36
  Speaker 2: It just, it doesn't feel like we are living great
• 1:40:39
  Speaker 2: times for whatever reason. Is it the war? You pick
• 1:40:42
  Speaker 2: something that's going on in the world. The problem that
• 1:40:44
  Speaker 2: we face, you know, existentially with artificial intelligence, whatever it
• 1:40:48
  Speaker 2: happens to be, I don't know. I just get that
• 1:40:49
  Speaker 2: the temperature does not feel really good right now as
• 1:40:52
  Speaker 2: we're fast approaching November. Maybe it's because I just inundated with,
• 1:40:56
  Speaker 2: you know, bad news articles each and every day that's
• 1:40:58
  Speaker 2: got me down on how I feel about things. But
• 1:41:01
  Speaker 2: I was just reading this front page in the Wall
• 1:41:03
  Speaker 2: Street Journal article Corporate America's profits are booming and signal
• 1:41:06
  Speaker 2: more good times ahead. And just one quick read from
• 1:41:08
  Speaker 2: the article. Across S & P, companies' per share earnings
• 1:41:11
  Speaker 2: soared 53% in the second quarter from a year earlier.
• 1:41:15
  Speaker 2: Sales rose nearly 16%. Investment gains from tech giants Amazon
• 1:41:19
  Speaker 2: and Alphabet added fuel to the big earnings surge. Even
• 1:41:22
  Speaker 2: without those gains, S & P 500 earnings rose the
• 1:41:26
  Speaker 2: most since fall of 2021. Quarterly sales climbed more than
• 1:41:29
  Speaker 2: they have in years. By nearly 2 to 1 margin,
• 1:41:31
  Speaker 2: more companies raised their profit guidance for the current quarter,
• 1:41:35
  Speaker 2: then lowered it a turnaround from a year ago when
• 1:41:37
  Speaker 2: more were lowering their outlooks. I mean, that all sounds
• 1:41:39
  Speaker 2: rosy and a lot of positive rosy information, most notably
• 1:41:42
  Speaker 2: if you've been following the markets, Dow Jones, S & P, NASDAQ, etc.
• 1:41:46
  Speaker 2: They all are pretty much up over the year. So
• 1:41:49
  Speaker 2: why is it that I, maybe I'm misreading the temperature,
• 1:41:52
  Speaker 2: but it seems to me that there's a sort of
• 1:41:54
  Speaker 2: a feeling of dread or gloom out in the world, Brian,
• 1:41:57
  Speaker 2: if I just misread this.
• 1:41:58
  Speaker 9: No, I think you've got it spot on. And some
• 1:42:01
  Speaker 9: people don't like when I say this. We actually got
• 1:42:03
  Speaker 9: a complaint a week or two ago when I used
• 1:42:04
  Speaker 9: this comment, but I'm sticking by it. We are the
• 1:42:06
  Speaker 9: United States of profit margins.
• 1:42:08
  Speaker 4: All we care about. There's plenty of problems out there, right?
• 1:42:10
  Speaker 4: The other thing you and I are going to.
• 1:42:11
  Speaker 9: Talk about today is the likelihood of a rate hike. Well,
• 1:42:13
  Speaker 9: it's starting to look more and more likely that we're
• 1:42:15
  Speaker 9: going to get a rate hike because of inflation. That
• 1:42:18
  Speaker 9: is what affects most people, not all people, but most people.
• 1:42:21
  Speaker 9: On the other hand, like you just said, we just
• 1:42:23
  Speaker 9: finished one of the greatest earnings season in history.
• 1:42:27
  Speaker 4: Nearly all the S & P.
• 1:42:28
  Speaker 9: 500 companies reported profits are up about 33% over a
• 1:42:32
  Speaker 9: year ago. And that easily tops the 23% that analysts
• 1:42:36
  Speaker 9: thought they were going to do. So it's a tale
• 1:42:39
  Speaker 9: of really two economies. One focus is only on the
• 1:42:42
  Speaker 9: stock market and profitability of companies. And then the other
• 1:42:45
  Speaker 9: focus is on can people actually afford to pay their bills?
• 1:42:47
  Speaker 9: And the answer is really kind of increasingly less and
• 1:42:50
  Speaker 9: less so.
• 1:42:51
  Speaker 4: But we don't really care about that.
• 1:42:52
  Speaker 9: We don't have the leadership in place that's really, truly
• 1:42:54
  Speaker 9: going to actually do something about what.
• 1:42:56
  Speaker 4: It's like to pay for your bills.
• 1:42:59
  Speaker 9: And to go on about your living when they can
• 1:43:01
  Speaker 9: simply lean on the fact that, hey, the stock market's
• 1:43:04
  Speaker 9: doing great.
• 1:43:04
  Speaker 4: Companies are making money hand over fist. We do not
• 1:43:06
  Speaker 4: have that leadership.
• 1:43:08
  Speaker 2: OK, and that's fine, though, I guess. Aren't consumers driving
• 1:43:12
  Speaker 2: the profitability of these companies? I mean, Abercrombie & Fitch,
• 1:43:15
  Speaker 2: of all, is one of the things that was mentioned.
• 1:43:17
  Speaker 2: I mean, obviously, fashion, retail, all that kind of thing.
• 1:43:20
  Speaker 2: But they had raised their prices in spite of the
• 1:43:23
  Speaker 2: fact they have much better earnings going on. So somebody's
• 1:43:27
  Speaker 2: out there buying it.
• 1:43:29
  Speaker 4: Of course.
• 1:43:29
  Speaker 9: And there are literally two worlds in this country. There
• 1:43:33
  Speaker 9: are people who can afford and they are benefiting from it.
• 1:43:35
  Speaker 9: That's a much smaller percentage than the people who are
• 1:43:37
  Speaker 9: struggling to make ends meet on a month-to-month basis. But
• 1:43:40
  Speaker 9: companies take advantage of the fact that we do have
• 1:43:42
  Speaker 9: an enormous amount, despite the scary headlines. Even during the
• 1:43:46
  Speaker 9: scary headlines of 22, I still have conversations with clients
• 1:43:49
  Speaker 9: who have plenty of money. And I wouldn't consider them,
• 1:43:52
  Speaker 9: this is not the hoi polloi.
• 1:43:53
  Speaker 4: Of the world.
• 1:43:53
  Speaker 9: These are people who simply worked for Your Procter & Gamble's,
• 1:43:56
  Speaker 9: your Kroger's, you know, your companies have built up their
• 1:43:59
  Speaker 9: 401ks in 2022. Yeah, those took a hit and it
• 1:44:01
  Speaker 9: was kind of scary, but they've now recovered and they're
• 1:44:04
  Speaker 9: up 30, 40 percent from that time. And so you've
• 1:44:07
  Speaker 9: got people who are looking at still looking at buying
• 1:44:09
  Speaker 9: the second home, which, by the way, the second home
• 1:44:11
  Speaker 9: nowadays is not a condo in Florida. It's now land
• 1:44:13
  Speaker 9: in Indiana or Kentucky in the middle of nowhere. But
• 1:44:16
  Speaker 9: the point is, people are still thinking about doing it.
• 1:44:19
  Speaker 9: And all of this, I talk all the time about
• 1:44:23
  Speaker 9: the fact that we moved from people retiring off of
• 1:44:26
  Speaker 9: streams of income, right? Your parents, your grandparents probably were
• 1:44:29
  Speaker 9: more focused on their pension than their pile of money
• 1:44:31
  Speaker 9: in the stock market. Well, the last couple generations are
• 1:44:33
  Speaker 9: the first to approach retirement with a pile of money
• 1:44:36
  Speaker 9: instead of a stream of income. That pile of money,
• 1:44:39
  Speaker 9: because we have treated it like a stream of income,
• 1:44:41
  Speaker 9: can't touch it, can only spend so much of it,
• 1:44:43
  Speaker 9: that pile has absolutely ballooned. And people who have the
• 1:44:47
  Speaker 9: pile are using it, and they're spending, and that's driving
• 1:44:50
  Speaker 9: prices up, not only on real estate, but also I'd
• 1:44:52
  Speaker 9: say people don't question the fact that it costs more
• 1:44:55
  Speaker 9: to go buy steaks at the grocery store.
• 1:44:57
  Speaker 4: Well, the people with the assets.
• 1:44:58
  Speaker 9: Grumble about it and swipe their credit card anyway, so
• 1:45:00
  Speaker 9: there's no real market reaction. Meanwhile, the people who don't
• 1:45:03
  Speaker 9: have that level of assets are the ones who suffer
• 1:45:05
  Speaker 9: because they are increasingly falling behind.
• 1:45:08
  Speaker 2: Well, proving the value of being at least somewhat invested
• 1:45:11
  Speaker 2: in the market, you get the benefits of this massive
• 1:45:13
  Speaker 2: growth that's going on in spite of the instability that
• 1:45:15
  Speaker 2: exists in the world.
• 1:45:17
  Speaker 4: Oh, that's absolutely true.
• 1:45:18
  Speaker 9: And I would say that's why we haven't had a
• 1:45:20
  Speaker 9: revolution in this country, because, you know, in the Middle Ages,
• 1:45:22
  Speaker 9: you were simply a peasant on the estate and all
• 1:45:24
  Speaker 9: you could do was farm whatever and give it to
• 1:45:26
  Speaker 9: the king and the king would sell it and keep
• 1:45:27
  Speaker 9: the profits. Here, you get to carve off little chunks
• 1:45:30
  Speaker 9: of that market via 401k and IRA and investments and
• 1:45:33
  Speaker 9: all that kind of stuff.
• 1:45:34
  Speaker 4: And that's great. And lots of people benefit from it.
• 1:45:37
  Speaker 9: But you started this segment off by talking about kind
• 1:45:40
  Speaker 9: of feeling that drumbeat underneath all this that maybe despite
• 1:45:43
  Speaker 9: the profitability, things aren't great. And that's because there's a
• 1:45:45
  Speaker 9: lot of people out there getting left behind.
• 1:45:47
  Speaker 2: Well, that and, you know, I've seen the numbers, Brian.
• 1:45:49
  Speaker 2: I mean, you're familiar with the $ 40 trillion hole we've
• 1:45:51
  Speaker 2: already dug ourselves in and the trajectory on how big
• 1:45:54
  Speaker 2: that deficit is going to be into the future. The
• 1:45:56
  Speaker 2: debt service we pay on it, that seems to be
• 1:45:58
  Speaker 2: a huge worry. And it's been a worry of my
• 1:45:59
  Speaker 2: entire life.
• 1:46:01
  Speaker 9: We are not the United States of balanced budgets and
• 1:46:05
  Speaker 9: zero deficits.
• 1:46:06
  Speaker 4: We are the opposite.
• 1:46:07
  Speaker 9: If we can make more money by borrowing more money,
• 1:46:10
  Speaker 9: that is what we're going to do in the short run,
• 1:46:11
  Speaker 9: the hell with the long run.
• 1:46:12
  Speaker 2: But what of the idea, at least traditionally speaking, these
• 1:46:15
  Speaker 2: wonderful profits that these companies are earning would translate into
• 1:46:18
  Speaker 2: job security because growing companies don't usually tend to shed
• 1:46:23
  Speaker 2: people off, but welcome to AI. Maybe that's another reason
• 1:46:26
  Speaker 2: people are worried.
• 1:46:28
  Speaker 4: Again, yeah, absolutely.
• 1:46:29
  Speaker 9: And that goes right back to what I've been saying,
• 1:46:31
  Speaker 9: that companies aren't looking at those profits as a way
• 1:46:33
  Speaker 9: to continue to grow by hiring more people. They're looking
• 1:46:35
  Speaker 9: at the profits as, hey, how else can we make
• 1:46:37
  Speaker 9: more of these profits? How can we get rid of
• 1:46:39
  Speaker 9: some of these expensive people, get rid of our human
• 1:46:42
  Speaker 9: resources and start to rely?
• 1:46:43
  Speaker 4: I mean, that's the headline. Nobody can argue that.
• 1:46:45
  Speaker 9: Every company out there is looking at AI to reduce
• 1:46:48
  Speaker 9: the reliance that it has to have on expensive people.
• 1:46:52
  Speaker 9: And that, again, the sole goal there is to increase
• 1:46:55
  Speaker 9: profit margin.
• 1:46:56
  Speaker 4: That's what we're about.
• 1:46:57
  Speaker 9: If you're on the right side of it, you're going
• 1:46:59
  Speaker 9: to do okay. But if you're on the wrong side
• 1:47:01
  Speaker 9: and not paying attention, you're going to struggle.
• 1:47:03
  Speaker 2: Yeah, well, I wish AI wasn't around because then there
• 1:47:05
  Speaker 2: wouldn't be a wrong side to be on with that.
• 1:47:06
  Speaker 2: But I can't have the world that I'm desirous of.
• 1:47:09
  Speaker 2: We've got to deal with what we're getting, and we'll
• 1:47:10
  Speaker 2: have to just sit back and wait and see how
• 1:47:12
  Speaker 2: bad it ultimately gets. Anyhow, you wanted to talk about
• 1:47:15
  Speaker 2: the Fed rate hike. Is that coming our way? Or
• 1:47:19
  Speaker 2: are we looking at the status quo? And I doubt
• 1:47:22
  Speaker 2: anybody's going to lower the rate, but what's your take
• 1:47:23
  Speaker 2: on this, Brian James? Yeah, Fed rate hike is now
• 1:47:27
  Speaker 2: a real possibility. And that's kind of a reversal from
• 1:47:30
  Speaker 2: the cut-friendly narrative investors have become used to. That's basically
• 1:47:34
  Speaker 2: what one of the things that President Trump ran on
• 1:47:36
  Speaker 2: was let's get rates as low as possible and really
• 1:47:39
  Speaker 2: never got into the consequences of that. To be fair,
• 1:47:41
  Speaker 2: no politician ever gets into the downside of whatever is
• 1:47:44
  Speaker 2: on their platform during the campaign.
• 1:47:46
  Speaker 4: It's when the reality strikes.
• 1:47:48
  Speaker 9: So where we are right now, interest rate futures are
• 1:47:51
  Speaker 9: putting the odds of a September hike at roughly 60%.
• 1:47:54
  Speaker 9: That was a spike after a speech from Kevin Warsh,
• 1:47:58
  Speaker 9: who doesn't say much.
• 1:47:59
  Speaker 4: And he said from the beginning, he's.
• 1:48:00
  Speaker 9: Not going to talk very much because he doesn't want
• 1:48:02
  Speaker 9: to paint himself into a corner. He doesn't want to
• 1:48:04
  Speaker 9: create opportunities for arbitrage in the markets. So he doesn't
• 1:48:07
  Speaker 9: say very much. So it was a little bit surprising
• 1:48:09
  Speaker 9: he was as clear as he was that he said
• 1:48:10
  Speaker 9: there should be no misunderstanding that the Fed's 2% inflation objective,
• 1:48:15
  Speaker 9: as measured by personal consumption expenditures, that's the PCE, as
• 1:48:19
  Speaker 9: different from the CPI, that is a firm fixed target.
• 1:48:22
  Speaker 9: So he basically removed any doubt that the Fed might
• 1:48:25
  Speaker 9: change its inflation target. So if they want this 2%,
• 1:48:27
  Speaker 9: we're sticking to it. We got to be looking for
• 1:48:29
  Speaker 9: rate cuts. That's really the only solution, the only path.
• 1:48:32
  Speaker 4: To get there.
• 1:48:33
  Speaker 2: What would you expect by way of hike?
• 1:48:35
  Speaker 4: Great hikes, I said.
• 1:48:36
  Speaker 2: Yeah, quarter point?
• 1:48:39
  Speaker 9: Yeah, that's what the market is looking at right now,
• 1:48:43
  Speaker 9: but we never know, right? So we do still believe
• 1:48:48
  Speaker 9: that it would be a tap the brakes, tap the
• 1:48:50
  Speaker 9: gas type of a mentality, but we don't know until
• 1:48:52
  Speaker 9: we know.
• 1:48:53
  Speaker 4: And like we said, Kevin Warsh doesn't like to talk
• 1:48:55
  Speaker 4: a whole heck of a lot, so we're sort of
• 1:48:56
  Speaker 4: fortunate we got what we got.
• 1:48:58
  Speaker 2: Well, let's just talk on the fun fact. We'll say
• 1:49:00
  Speaker 2: it's a quarter point increase. How is that going to
• 1:49:02
  Speaker 2: impact something that really fundamentally impacts so many people, which
• 1:49:05
  Speaker 2: is the mortgage rates?
• 1:49:08
  Speaker 9: That's going to drive it up for sure. I mean,
• 1:49:10
  Speaker 9: there's no doubt there. The thing you want to keep
• 1:49:12
  Speaker 9: an eye on is the 10-year treasury. And that's the
• 1:49:15
  Speaker 9: one that banks usually use to kind of decide what
• 1:49:18
  Speaker 9: they're going to start charging for mortgages. The Federal Reserve
• 1:49:22
  Speaker 9: does not decide your mortgage rates. It almost gives more
• 1:49:26
  Speaker 9: of a guideline, and then markets ultimately decide what that
• 1:49:28
  Speaker 9: rate is going to be.
• 1:49:29
  Speaker 4: Banks have to keep up with it, too.
• 1:49:31
  Speaker 9: Banks are borrowing at whatever that Federal Reserve rate is
• 1:49:34
  Speaker 9: set at. So if that interest rate goes up, mortgages
• 1:49:37
  Speaker 9: have to go up as well because, again, banks have
• 1:49:39
  Speaker 9: to maintain those profit margins. So if you are sitting
• 1:49:42
  Speaker 9: in an adjustable rate mortgage that's going to adjust in
• 1:49:44
  Speaker 9: the next year or two, you might want to get
• 1:49:47
  Speaker 9: a little more proactive about that and do something here
• 1:49:49
  Speaker 9: in the short run rather than wait and be told
• 1:49:51
  Speaker 9: what your new interest rate is.
• 1:49:52
  Speaker 2: Yeah, time to lock it in probably. Brian James will
• 1:49:54
  Speaker 2: continue with Money, Money with Brian James. Do retirees have
• 1:49:57
  Speaker 2: enough money? What is enough? We'll talk about that with
• 1:50:00
  Speaker 2: Brian coming up next. Don't go away.
• 1:50:02
  Speaker 4: Your week.
• 1:50:03
  Speaker 9: Operation Economic Talk Station.
• 1:50:08
  Speaker 2: 818, 55KRCD Talk Station. All worth financials. Brian James doing
• 1:50:11
  Speaker 2: what we call here on the 55KRCD Morning Show, Money Monday.
• 1:50:14
  Speaker 2: All right, Brian. Now, you get this question all the
• 1:50:17
  Speaker 2: time as a financial planner. How much do I need
• 1:50:18
  Speaker 2: to retire? What is enough money? And with inflationary pressures
• 1:50:22
  Speaker 2: obviously dominating the news headlines and dealing with a lot
• 1:50:25
  Speaker 2: of seniors and Folks getting ready for retirement, apparently citing
• 1:50:28
  Speaker 2: inflation as a real problem. Is there an answer to
• 1:50:31
  Speaker 2: that question, generally speaking, Brian?
• 1:50:34
  Speaker 9: Well, I don't like the answer to that question because
• 1:50:37
  Speaker 9: that leaves everybody with an assumption.
• 1:50:39
  Speaker 4: That all I got to get to do, all I
• 1:50:40
  Speaker 4: got to do is get to.
• 1:50:41
  Speaker 9: This X number and then I'm good to go. And
• 1:50:44
  Speaker 9: it's definitely not the same for everybody. The pile of
• 1:50:46
  Speaker 9: money is completely irrelevant, Brian. It's the stream of income
• 1:50:50
  Speaker 9: that needs to come out of that pile of.
• 1:50:51
  Speaker 4: Money is what matters.
• 1:50:52
  Speaker 9: And that can be very different for anybody based on
• 1:50:54
  Speaker 9: what the lifestyle is. So we pound on this all
• 1:50:57
  Speaker 9: the time. If you don't understand what your spending is,
• 1:51:01
  Speaker 9: then don't waste any time claiming that you need to
• 1:51:03
  Speaker 9: get to X number of dollars before you can actually
• 1:51:05
  Speaker 9: retire because you got to understand what your situation is, right?
• 1:51:07
  Speaker 9: You can't pull the trigger before you know where the
• 1:51:10
  Speaker 9: target is. So this is coming up, new survey of
• 1:51:13
  Speaker 9: Americans out there. This is not exactly earth shattering, but
• 1:51:16
  Speaker 9: about 25% of respondents basically said that, hey, groceries, utilities,
• 1:51:20
  Speaker 9: and gasoline are now the top financial concern. I'm not
• 1:51:22
  Speaker 9: going to call this earth shattering information here. Life is
• 1:51:26
  Speaker 9: just plain expensive. And so basically, there's more and more
• 1:51:31
  Speaker 9: information out there about people highlighting the fact that things
• 1:51:33
  Speaker 9: aren't working out so well. Now, if these are people
• 1:51:36
  Speaker 9: with average savings around a half million dollars, these are
• 1:51:39
  Speaker 9: folks who are doing OK. But this is not the
• 1:51:41
  Speaker 9: ultra wealthy. So this group is paying a lot more
• 1:51:44
  Speaker 9: attention to these ongoing daily expenses. But even when the
• 1:51:48
  Speaker 9: retirement plan works, inflation often can make it feel less
• 1:51:51
  Speaker 9: secure and a lot less enjoyable. And we've certainly got
• 1:51:53
  Speaker 9: those headlines right now.
• 1:51:54
  Speaker 2: Well, I guess, is this a question of adjusting our expectations?
• 1:51:59
  Speaker 2: Because I see that belt tightening is concentrated in discretionary categories. Okay, fine.
• 1:52:04
  Speaker 2: Dining out, number one. Shopping for non-essential items. Travel, vacations, entertainment.
• 1:52:10
  Speaker 2: And I look at that, and here you go. You
• 1:52:11
  Speaker 2: talk about different choices for different people, different financial realities
• 1:52:15
  Speaker 2: for different people, depending on their lifestyles. When I read that,
• 1:52:17
  Speaker 2: I'm like, geez, we don't dine out that much to
• 1:52:21
  Speaker 2: start with. We don't buy really any non-essential items because
• 1:52:24
  Speaker 2: why would you buy something that's non-essential? My wife and
• 1:52:26
  Speaker 2: I aren't real travelers. We don't go very, very. And
• 1:52:29
  Speaker 2: limited entertainment. So all those categories, I don't even really
• 1:52:33
  Speaker 2: spend much money on to start with. So is that
• 1:52:36
  Speaker 2: the key? Maybe ignoring some of the non-essential realities of
• 1:52:39
  Speaker 2: the world so you can afford all the essential things?
• 1:52:41
  Speaker 4: Medicine, food. That's a choice.
• 1:52:44
  Speaker 5: Right.
• 1:52:44
  Speaker 4: That's a choice that you guys made decades ago.
• 1:52:47
  Speaker 9: And to be frank, it's probably whether you knew it
• 1:52:49
  Speaker 9: or not at the time, that's probably what attracted you
• 1:52:51
  Speaker 9: to each other way back when. Kind of a frugal mindset,
• 1:52:55
  Speaker 9: responsible and so forth.
• 1:52:56
  Speaker 4: Yeah.
• 1:52:57
  Speaker 9: So I'm going to go out on a limb and
• 1:52:57
  Speaker 9: guess that you probably don't have a great feel for
• 1:53:00
  Speaker 9: exactly what your monthly budget is on a monthly basis
• 1:53:02
  Speaker 9: because you don't have to. Therefore, you're not really worried
• 1:53:05
  Speaker 9: about the streams of income or the piles of money.
• 1:53:07
  Speaker 9: You have a gut feel that things are going to
• 1:53:09
  Speaker 9: be OK.
• 1:53:10
  Speaker 4: Is that a fair statement?
• 1:53:11
  Speaker 2: Uh, I don't have the gut feeling that things are
• 1:53:13
  Speaker 2: going to be okay in the world. Now, whether or
• 1:53:16
  Speaker 2: not that, I mean, cause so many things are out.
• 1:53:18
  Speaker 4: Of my hands. I'm talking about the Thomas estate. Is
• 1:53:19
  Speaker 4: the Thomas estate in good hands?
• 1:53:21
  Speaker 2: We're okay. Yes, we are fine in the, along those lines.
• 1:53:23
  Speaker 2: And you're right. I did marry my wife. My wife
• 1:53:26
  Speaker 2: married me for the, I think probably a pretty primary
• 1:53:29
  Speaker 2: reason I grew up in Delhi. Ergo, I have genetic
• 1:53:33
  Speaker 2: frugality in my veins and she grew up on a
• 1:53:35
  Speaker 2: poor dairy farm and didn't have anything to start with.
• 1:53:37
  Speaker 2: And so she found herself not in need of all
• 1:53:39
  Speaker 2: those things. So anyway, it worked out really well, but
• 1:53:43
  Speaker 2: I don't know, Brian, I guess, go ahead.
• 1:53:46
  Speaker 3: No.
• 1:53:47
  Speaker 4: And that's kind of what I'm saying. You guys didn't
• 1:53:48
  Speaker 4: make a choice. You didn't. I'm going to go ahead
• 1:53:50
  Speaker 4: and guess you didn't.
• 1:53:50
  Speaker 9: Put spreadsheets side by side to see if you have
• 1:53:52
  Speaker 9: matching beliefs on budgets.
• 1:53:55
  Speaker 4: That's my point.
• 1:53:56
  Speaker 9: You just kind of know it's rooted in your very
• 1:53:58
  Speaker 9: being that we're just going to keep things.
• 1:54:00
  Speaker 4: We're going to spend less than we make. Period. End
• 1:54:02
  Speaker 4: of story.
• 1:54:03
  Speaker 9: And that is what enable is what has enabled you
• 1:54:05
  Speaker 9: to build what you have.
• 1:54:06
  Speaker 4: And you're not really worried about money.
• 1:54:08
  Speaker 9: You notice the headlines because you know how the world
• 1:54:10
  Speaker 9: works and you recognize that there are big problems out
• 1:54:12
  Speaker 9: there that we don't have that other people do.
• 1:54:14
  Speaker 4: So I think what people.
• 1:54:15
  Speaker 9: Are feeling more and more intensely is the fact that
• 1:54:18
  Speaker 9: these numbers aren't working. And there are a lot of
• 1:54:20
  Speaker 9: people out there who maybe lived a little differently, a little–
• 1:54:22
  Speaker 9: and I wouldn't even say extravagantly, but a little higher
• 1:54:25
  Speaker 9: on the hog than the average.
• 1:54:26
  Speaker 4: And now it's catching up a little bit.
• 1:54:28
  Speaker 9: I have had two conversations in the last two weeks
• 1:54:30
  Speaker 9: with people who bought the nice, fancy condo down.
• 1:54:32
  Speaker 4: In Naples or on the west coast of Florida, whatever.
• 1:54:36
  Speaker 9: And they have decided, you know what, this has been great,
• 1:54:38
  Speaker 9: but we really can kind of see some storm clouds
• 1:54:40
  Speaker 9: on the horizon. And when I say the horizon, I
• 1:54:42
  Speaker 9: mean 15 years from now. They're starting to worry about
• 1:54:44
  Speaker 9: what those costs of maintaining that property are going to
• 1:54:47
  Speaker 9: be with regard to insurance and taxes and all that
• 1:54:50
  Speaker 9: other stuff, not to mention just maintaining two properties themselves.
• 1:54:53
  Speaker 9: And they're realizing, you know what, we've had our fun.
• 1:54:54
  Speaker 9: We really need to be a little more responsible. That's
• 1:54:56
  Speaker 9: probably not something the Thomas family is going to decide
• 1:54:59
  Speaker 9: because you chose to live differently years ago. These aren't
• 1:55:01
  Speaker 9: folks who bankrupted themselves to buy it. They're in perfect
• 1:55:04
  Speaker 9: financial condition now, but they're seeing that there is more
• 1:55:07
  Speaker 9: risk than there used to be in the future. That's
• 1:55:10
  Speaker 9: the whole point of forecasting things.
• 1:55:12
  Speaker 2: I got you. Well, and part of the point of
• 1:55:14
  Speaker 2: the article you relied on in talking about this, most
• 1:55:16
  Speaker 2: telling finding for wealth management professionals, that will be you,
• 1:55:19
  Speaker 2: the gap between financial preparation and life preparation. Why don't
• 1:55:23
  Speaker 2: you take a minute and just break that reality down?
• 1:55:24
  Speaker 2: Because that's what you do every day as a financial planner.
• 1:55:27
  Speaker 4: Oh my gosh, yeah. I'm not a financial advisor.
• 1:55:29
  Speaker 9: I'm an unlicensed marriage counselor because it's my job to
• 1:55:32
  Speaker 9: kind of mitigate the stress that comes up when we
• 1:55:35
  Speaker 9: realize what I just spoke about with, which is sometimes
• 1:55:38
  Speaker 9: what we thought was going to be okay five, six,
• 1:55:40
  Speaker 9: seven years ago when we first pulled the trigger on
• 1:55:43
  Speaker 9: retirement may now not be okay because of, not because
• 1:55:46
  Speaker 9: of investments, right? The markets goes up and down, but
• 1:55:48
  Speaker 9: it's as long as we've been invested, we're still making money.
• 1:55:50
  Speaker 9: But our expenses, speaking hypothetically, don't match up with what
• 1:55:54
  Speaker 9: our income sources will be at that time. And I
• 1:55:56
  Speaker 9: would much rather have people realize that now and make
• 1:55:59
  Speaker 9: adjustments so that rather than go over the cliff and
• 1:56:02
  Speaker 9: have to sell that extra property or reduce the lifestyle
• 1:56:07
  Speaker 9: just at the drop of a hat because we plan
• 1:56:10
  Speaker 9: to head for it.
• 1:56:10
  Speaker 4: So it's just a lot less whiplash.
• 1:56:12
  Speaker 1: At that time.
• 1:56:13
  Speaker 2: All right. Fair enough. And by the way, do you
• 1:56:15
  Speaker 2: know about some property that's for sale in Indiana there
• 1:56:17
  Speaker 2: that's just rural property, Brian?
• 1:56:20
  Speaker 4: There's plenty of it out there.
• 1:56:21
  Speaker 9: There are more and more websites that focus on property,
• 1:56:24
  Speaker 9: not houses. But I'm telling you, those prices.
• 1:56:26
  Speaker 4: Are up there.
• 1:56:26
  Speaker 2: They have gone through the bloody roof, Brian James, because,
• 1:56:30
  Speaker 2: you know, I did mention my wife grew up on
• 1:56:32
  Speaker 2: a farm, and I think she has desires to maybe
• 1:56:34
  Speaker 2: have a farm of her own someday. Hopefully that happens
• 1:56:37
  Speaker 2: before we die of old age. Talk to your advisor.
• 1:56:41
  Speaker 4: Make it happen.
• 1:56:42
  Speaker 2: Hey, there he is. Bitcoin is back. Should you buy some? Brian,
• 1:56:46
  Speaker 2: I didn't realize it had gone anywhere. But should you
• 1:56:49
  Speaker 2: buy some? Question mark. Since I don't know anything about Bitcoin,
• 1:56:51
  Speaker 2: never have. Peace to God. Passes all human understanding. Brian
• 1:56:54
  Speaker 2: James is going to break that one down for us.
• 1:56:56
  Speaker 2: Coming up next. Don't go away.
• 1:56:58
  Speaker 4: It's 825. 55KRC. The Simply Station.
• 1:57:03
  Speaker 7: 828.
• 1:57:03
  Speaker 2: 55KRC. The Talk Station. One more here with Brian James
• 1:57:06
  Speaker 2: from Money Monday from All Wears Financial. Brian James. Brian
• 1:57:10
  Speaker 2: Thomas is really clueless when it comes to Bitcoin and
• 1:57:14
  Speaker 2: other cryptocurrencies. I just have never gotten over the whole
• 1:57:17
  Speaker 2: idea that one moment in time, there was nothing in
• 1:57:20
  Speaker 2: the world. And the next moment, you've got ones and
• 1:57:22
  Speaker 2: zeros that represent this massive investment opportunity. Bitcoin at $ 80, 000
• 1:57:30
  Speaker 2: for the first time in more than three months. It
• 1:57:32
  Speaker 2: goes up and it goes down. It doesn't seem to
• 1:57:33
  Speaker 2: have any connection with anything. But then again, from my perspective,
• 1:57:36
  Speaker 2: how in the hell could it? It's Ether currency. But
• 1:57:38
  Speaker 2: you know better than me on this, and now I
• 1:57:40
  Speaker 2: guess there's that question, and then there's pivoting over, is
• 1:57:42
  Speaker 2: this something we should all be invested in?
• 1:57:47
  Speaker 4: Well, let's talk about why we're talking about it in
• 1:57:48
  Speaker 4: the first place. So strong August rally. You're right.
• 1:57:51
  Speaker 9: You and I haven't talked about Bitcoin in a long time.
• 1:57:53
  Speaker 9: And then August came along. So it was up about 24%
• 1:57:56
  Speaker 9: for August at one point, but it stalled just below 80,000,
• 1:57:59
  Speaker 9: briefly got above 81, and right now somewhere around 78,000
• 1:58:03
  Speaker 9: or so. So we can go ahead and call 80,000
• 1:58:04
  Speaker 9: the psychological ceiling because the herds that were flocking into
• 1:58:08
  Speaker 9: it during August have stopped. So for some reason, we've
• 1:58:10
  Speaker 9: identified that's the new place. And we're not guessing at
• 1:58:14
  Speaker 9: those reasons, of course. Some parts of this have to
• 1:58:17
  Speaker 9: do with interest rates.
• 1:58:18
  Speaker 2: Go ahead.
• 1:58:19
  Speaker 4: You got a question?
• 1:58:19
  Speaker 2: No, I was just going to say, it's like when
• 1:58:21
  Speaker 2: the debt drops 40 trillion, people start paying attention to
• 1:58:24
  Speaker 2: it for the first time ever. So 80,000 for Bitcoin,
• 1:58:27
  Speaker 2: kind of an analogy there.
• 1:58:28
  Speaker 4: Exactly. That's correct. It got loud in August, right?
• 1:58:31
  Speaker 1: It got loud.
• 1:58:32
  Speaker 4: We all looked at it. That's why we're talking about
• 1:58:33
  Speaker 4: it right now.
• 1:58:34
  Speaker 9: But the difference here, I think, and to your point
• 1:58:37
  Speaker 9: of why do people invest in it, it's another place
• 1:58:39
  Speaker 9: to hide dollars that will move up and down. It's
• 1:58:42
  Speaker 9: probably among all the things that you can invest in,
• 1:58:45
  Speaker 9: it's the least predictable because we simply have the least
• 1:58:47
  Speaker 9: experience investing. with any cryptocurrency as an asset regarding Fed policy,
• 1:58:53
  Speaker 9: ETF flows, liquidity, interest rates, all that kind of stuff. Stocks,
• 1:58:58
  Speaker 9: we've got hundreds of years worth of information knowing how
• 1:59:01
  Speaker 9: investors react with regard to stocks in all those situations.
• 1:59:04
  Speaker 9: But cryptocurrency, maybe 20, maybe not even that. But what
• 1:59:09
  Speaker 9: it starts to look like, though, it It was originally
• 1:59:12
  Speaker 9: pitched to investors as a sort of a niche asset
• 1:59:16
  Speaker 9: that would be separated from the market, disconnected from the
• 1:59:20
  Speaker 9: ups and downs of the market. But the reality has
• 1:59:21
  Speaker 9: come that it's been treated like a speculative asset, and
• 1:59:24
  Speaker 9: it really starts to seem to respond to the same risk-on,
• 1:59:28
  Speaker 9: risk-off types of moves that we are normally associated with
• 1:59:31
  Speaker 9: the technology market. So it's behaving more like the tech
• 1:59:34
  Speaker 9: sector than an actual speculative commodity at the moment.
• 1:59:38
  Speaker 2: Well, does that make it like a meme stock?
• 1:59:42
  Speaker 4: I think there's still opportunity out there.
• 1:59:45
  Speaker 9: Let's face it, when it goes up, it's because another
• 1:59:48
  Speaker 9: chunk of the herd has gotten the idea that, hey,
• 1:59:50
  Speaker 9: I need to put more money into this. It's going
• 1:59:53
  Speaker 9: to settle out as some kind of, here's roughly what
• 1:59:56
  Speaker 9: we should have in our portfolios. exposed to cryptocurrency, it's way,
• 2:00:00
  Speaker 9: way early in the game to say, here's the job,
• 2:00:03
  Speaker 9: here's the role it plays. I'm not a big fan
• 2:00:05
  Speaker 9: of saying we need X percent in cryptocurrency because it
• 2:00:08
  Speaker 9: just doesn't seem to make any sense. I'm not gonna
• 2:00:10
  Speaker 9: put enough in there that a client is gonna get
• 2:00:12
  Speaker 9: exposed to significant risk. Frankly, we don't put anything in
• 2:00:15
  Speaker 9: there at the moment. But even if we did, it
• 2:00:18
  Speaker 9: would be at a client's request, and it wouldn't be
• 2:00:20
  Speaker 9: so much that it's really going to change a life
• 2:00:22
  Speaker 9: if it doubles or even triples overnight because clients who
• 2:00:26
  Speaker 9: think from a financial planning standpoint really, really, really get
• 2:00:29
  Speaker 9: upset when something drops by 50%, and they don't care
• 2:00:32
  Speaker 9: that it could go up by 200%.
• 2:00:33
  Speaker 2: Well, are there crypto funds that sort of have– because
• 2:00:36
  Speaker 2: let's face it. How many cryptocurrencies are there out there
• 2:00:39
  Speaker 2: in the world? I get the impression there's a lot
• 2:00:41
  Speaker 2: of them. Bitcoin just happens to be the best known.
• 2:00:44
  Speaker 9: Yeah, I mean, who knows? It's innumerable at this point
• 2:00:47
  Speaker 9: because anybody can create one, right? And for a while,
• 2:00:50
  Speaker 9: we had our people who were famous for 15 minutes.
• 2:00:54
  Speaker 9: The go-to move was to create a cryptocurrency based off
• 2:00:57
  Speaker 9: of whatever the little thing they did in their lives
• 2:00:59
  Speaker 9: that got them some attention. That seems to have died down,
• 2:01:02
  Speaker 9: but those currencies are still out there. We're talking, yes,
• 2:01:05
  Speaker 9: about the bigger ones, the larger ones that actually do
• 2:01:07
  Speaker 9: participate in the economy. So, yeah, you can buy, of course,
• 2:01:10
  Speaker 9: you can buy Bitcoin on the coin exchanges such as
• 2:01:13
  Speaker 9: Coinbase and so forth. But also it's becoming a little
• 2:01:16
  Speaker 9: more mainstream in terms of now you can buy Bitcoin
• 2:01:19
  Speaker 9: via exchange traded funds. So it looks and feels a
• 2:01:21
  Speaker 9: little more like a regular investment. And that is how
• 2:01:25
  Speaker 9: institutions are starting to put money in. And so spot
• 2:01:28
  Speaker 9: Bitcoin ETFs are still attracting meaningful institutional money. But the
• 2:01:31
  Speaker 9: pace of those inflows has slowed. $ 925 million for the
• 2:01:36
  Speaker 9: week ending August 28th. That is down from roughly $ 1. 9
• 2:01:40
  Speaker 9: billion the previous week. So $ 2 billion one week, down 50%
• 2:01:45
  Speaker 9: just over the course of a week. So yes, those
• 2:01:47
  Speaker 9: things are out there, but they do respond just like stocks.
• 2:01:50
  Speaker 2: You mean the exchange traded funds go up and down
• 2:01:52
  Speaker 2: like that?
• 2:01:53
  Speaker 4: Oh, yeah, that's what I mean. It's exactly what I mean.
• 2:01:54
  Speaker 9: So you can easily buy it in any investment account nowadays.
• 2:01:57
  Speaker 9: It's a lot easier than it used to be. You
• 2:01:59
  Speaker 9: didn't have to get into the whole Coinbase world, digital
• 2:02:01
  Speaker 9: wallets and all that.
• 2:02:03
  Speaker 4: You know, now it's a lot easier.
• 2:02:04
  Speaker 9: But again, even the institutions will regulate the amount of
• 2:02:08
  Speaker 9: money that they're putting in there on a weekly basis.
• 2:02:10
  Speaker 2: Well, I suppose to some degree, and again, I'm not
• 2:02:13
  Speaker 2: overly familiar with the concept of mining if they still
• 2:02:15
  Speaker 2: do that, mining for cryptocurrency. I suppose AI will have
• 2:02:18
  Speaker 2: some connection with that as well.
• 2:02:20
  Speaker 4: Oh, for sure.
• 2:02:21
  Speaker 9: I know people who were– so 15 years ago, people
• 2:02:24
  Speaker 9: would build expensive computer rigs and stick them in a closet.
• 2:02:27
  Speaker 9: It had to be ventilated because they would get so hot.
• 2:02:30
  Speaker 9: Those were crypto mining devices. But now it costs so
• 2:02:33
  Speaker 9: much in electricity, and you're so unlikely to actually make
• 2:02:36
  Speaker 9: enough that it just doesn't make any sense. But now–
• 2:02:39
  Speaker 9: so now it's all about scale. A lot of these
• 2:02:40
  Speaker 9: data centers out there– This is what they're doing. They've
• 2:02:43
  Speaker 9: got the money to build scale. And so they're the
• 2:02:45
  Speaker 9: ones doing the mining. And let's all remember, there is
• 2:02:47
  Speaker 9: a finite point in the future where you can't mine
• 2:02:49
  Speaker 9: Bitcoin anymore. So what will happen to those data centers,
• 2:02:53
  Speaker 9: those investments remains to be seen. But yes, it is
• 2:02:56
  Speaker 9: not nearly as profitable now to do it as it
• 2:02:58
  Speaker 9: was in the very beginning of all this.
• 2:02:59
  Speaker 2: OK, now we're talking about cryptocurrency as an investment risk.
• 2:03:04
  Speaker 4: It is.
• 2:03:04
  Speaker 2: I mean, it's going to go up. It's going to
• 2:03:05
  Speaker 2: go down. Value cryptocurrency goes up and down. That's just
• 2:03:08
  Speaker 2: like a stock would. Where are we in terms of
• 2:03:11
  Speaker 2: using Bitcoin as an actual currency? Because I'm old school.
• 2:03:15
  Speaker 2: I think of a dollar. It has a value. I
• 2:03:16
  Speaker 2: can go down to the store. It prices $ 0.
• 2:03:18
  Speaker 4: 50.
• 2:03:18
  Speaker 2: I get $ 0. 50 back. But if crypto is $ 80, 000 today
• 2:03:22
  Speaker 2: and it's $ 20, 000 tomorrow, notably volatility, how does that act
• 2:03:25
  Speaker 2: as an efficient currency? And how do you end up
• 2:03:27
  Speaker 2: calculating the cost of a good or service if you're
• 2:03:29
  Speaker 2: there to buy with it?
• 2:03:31
  Speaker 9: Well, I think you don't because nobody's really doing that
• 2:03:33
  Speaker 9: right now at any kind of significant level. Remember, not
• 2:03:36
  Speaker 9: that long ago, I believe it was Tesla, maybe Google,
• 2:03:40
  Speaker 9: there were companies out there saying, yes, we will accept cryptocurrency.
• 2:03:43
  Speaker 9: We will accept Bitcoin as payment for our goods and services.
• 2:03:47
  Speaker 9: This is maybe seven, eight years ago when it was
• 2:03:50
  Speaker 9: a bigger, flashier headline.
• 2:03:52
  Speaker 4: But they quietly stopped.
• 2:03:53
  Speaker 9: Doing that because a publicly traded company can't afford to
• 2:03:57
  Speaker 9: have its accounts receivable. Money that people owe me, I
• 2:04:00
  Speaker 9: can't have that swinging by 10%, 20% on a quarterly
• 2:04:03
  Speaker 9: basis just because the currency I've chosen to accept is
• 2:04:06
  Speaker 9: bouncing all over the place. And let's not forget, El
• 2:04:08
  Speaker 9: Salvador in 2021 made Bitcoin legal tender, and they were
• 2:04:11
  Speaker 9: going to be the Bitcoin capital of the world. And
• 2:04:14
  Speaker 9: that quietly has basically failed and hasn't gone anywhere at all.
• 2:04:18
  Speaker 9: The goal there was to bring these unbanked people that
• 2:04:20
  Speaker 9: they have a lot of folks without bank accounts in
• 2:04:22
  Speaker 9: El Salvador, and they wanted to kind of give them
• 2:04:24
  Speaker 9: a solution. And of course, 2022 happened, Bitcoin got crushed.
• 2:04:29
  Speaker 9: And El Salvador is not in a position to be
• 2:04:31
  Speaker 9: able to handle that kind of thing. So this is
• 2:04:32
  Speaker 9: why you are not hearing any more about El Salvador
• 2:04:35
  Speaker 9: and Bitcoin, because it really didn't get off the ground.
• 2:04:37
  Speaker 4: Right.
• 2:04:37
  Speaker 2: And that's exactly the direction I would have called it
• 2:04:40
  Speaker 2: if I had been asked ahead of time how it
• 2:04:42
  Speaker 2: was going to work out for all the reasons I
• 2:04:43
  Speaker 2: just pointed out.
• 2:04:45
  Speaker 9: I bet you listened to your recordings then. I'll bet
• 2:04:47
  Speaker 9: you did say that.
• 2:04:48
  Speaker 2: I've said it a bunch of times over the years, man.
• 2:04:51
  Speaker 2: It's like, because... For me, cryptocurrency is like the peace
• 2:04:54
  Speaker 2: of God. It passes all human understanding, and I'm not
• 2:04:56
  Speaker 2: going to get involved. Brian James, my portfolio is not
• 2:04:59
  Speaker 2: at risk for crypto. I appreciate what you do each
• 2:05:01
  Speaker 2: and every week. I'm here on the 55KRC Morning Show.
• 2:05:03
  Speaker 2: We'll do Money Monday next week again. Have a great
• 2:05:06
  Speaker 2: week between now and then, my friend. You too.
• 2:05:08
  Speaker 4: Thanks for the microphone. We will talk to you in
• 2:05:09
  Speaker 4: a week.
• 2:05:10
  Speaker 2: I enjoy it. 836-55KRC, the talk station. Feel free to call.
• 2:05:13
  Speaker 2: Joe's going to be the talk station. 839 here at 55KRC,
• 2:05:20
  Speaker 2: the talk station. 55k or c.iheart.com. And you can't listen
• 2:05:23
  Speaker 2: live to Christopher Smithman on a Monday. There it is
• 2:05:25
  Speaker 2: right there. Plus the shooting event with the Navy SEALs,
• 2:05:28
  Speaker 2: Sycamore Gun Club. I received a note from a guy
• 2:05:30
  Speaker 2: that had Sycamore. And what a great place that is.
• 2:05:33
  Speaker 2: I love sporting clays. It's like playing golf with a shotgun.
• 2:05:36
  Speaker 2: You go on like 19 different stations or 18 different.
• 2:05:39
  Speaker 2: It doesn't matter. They set them up in different times.
• 2:05:40
  Speaker 2: And you'll have rabbit rolls and you'll have, you know,
• 2:05:43
  Speaker 2: arcing clays. And they go in all different directions. So
• 2:05:46
  Speaker 2: it's just a real mixed bag. So I find it
• 2:05:48
  Speaker 2: a more enjoyable sport than shooting skeet. or trap. So,
• 2:05:52
  Speaker 2: that's what goes on at Sycamore Gun Club, and they
• 2:05:54
  Speaker 2: always have charity events there, and I'm proud to have
• 2:05:57
  Speaker 2: participated in quite a few charity events at Sycamore Sporting Clays.
• 2:06:00
  Speaker 2: September 25th, shoot with Navy Seals Sporting Clay event to
• 2:06:05
  Speaker 2: benefit the Navy Seal Museum. So, pay a fee, it
• 2:06:09
  Speaker 2: goes to the Navy Seal Museum, and you get to
• 2:06:11
  Speaker 2: squeeze off some rounds at Sycamore Sporting Clays with Navy Seals,
• 2:06:15
  Speaker 2: and having had the benefit, thank you, retired Colonel Bob
• 2:06:18
  Speaker 2: Kattire for taking me out to Camp Atterbury to shoot
• 2:06:22
  Speaker 2: with Navy SEALs with the 50 cows. This is going
• 2:06:24
  Speaker 2: to be a fun event. So mark it on your calendar.
• 2:06:26
  Speaker 2: Joe Strecker put the link up on the podcast page,
• 2:06:29
  Speaker 2: blog page, 55KRC. com, so you can sign up for that event.
• 2:06:32
  Speaker 2: And to my wife. I saw this morning when I
• 2:06:38
  Speaker 2: was getting ready for the show. I'm like, this has
• 2:06:39
  Speaker 2: Paulette's name all over it because of late. It's, oh
• 2:06:43
  Speaker 2: my God, it's Extreme Weather Warning Day for whatever news
• 2:06:46
  Speaker 2: organization is providing you with the weather. And so we're
• 2:06:48
  Speaker 2: always laughing about that. Oh my God, we're all going
• 2:06:50
  Speaker 2: to die. Look, it's purple. Last week it was green.
• 2:06:52
  Speaker 2: They changed the color to make it look that much worse.
• 2:06:56
  Speaker 2: So Stephen Einhorn writes, Extreme Weather. By the way, he's
• 2:07:00
  Speaker 2: the founder and partner with Capital Midwest Fund, author of
• 2:07:02
  Speaker 2: Climate Change, What They Rarely Teach in College. So you
• 2:07:06
  Speaker 2: know this guy's right up my alley. Extreme weather isn't
• 2:07:09
  Speaker 2: a scientific term. It's a scare tactic. Pure politics, yet
• 2:07:12
  Speaker 2: we pretend otherwise as I stare at yet another article
• 2:07:15
  Speaker 2: about the terrible conditions going on in Europe. The summer
• 2:07:18
  Speaker 2: that scorched French grapes, English gardens, and Europe's economy. Headline,
• 2:07:23
  Speaker 2: Wall Street Journal. Anyway, Stephen Einhorn writes, extreme weather, that's
• 2:07:27
  Speaker 2: in quotes, sounds like a scientific term that's used routinely
• 2:07:30
  Speaker 2: by government agencies, journalists, and activists. Behind the strong language
• 2:07:33
  Speaker 2: lies a fundamental problem. Extreme weather, can't be defined in
• 2:07:38
  Speaker 2: any scientific, consistent, or universally testable way. The phrase has
• 2:07:43
  Speaker 2: no objective meaning. Weather can be measured. Scientists measure temperature, rainfall, wind, speed, storms, droughts.
• 2:07:50
  Speaker 2: But the word extreme isn't a measurement. It's an arbitrary
• 2:07:53
  Speaker 2: personal judgment. How hot must they be to be extreme
• 2:07:56
  Speaker 2: 90 degrees 100 105 must the temperature set a local
• 2:08:01
  Speaker 2: record must it exceed the historical average by a particular
• 2:08:04
  Speaker 2: amount must it last two days three weeks or a
• 2:08:07
  Speaker 2: week three days or a week same problem exists with
• 2:08:10
  Speaker 2: rainfall hurricanes floods tornadoes and wildfires Different agencies and researchers
• 2:08:16
  Speaker 2: employ different standards. Some definitions are based on percentiles. Others
• 2:08:21
  Speaker 2: use fixed thresholds, historical rarity, physical damage, economic losses, or
• 2:08:24
  Speaker 2: emergency declarations. Some definitions change according to location and season.
• 2:08:30
  Speaker 2: These aren't merely different ways of measuring the same thing.
• 2:08:34
  Speaker 2: They are different definitions of different things. A 95-degree day
• 2:08:38
  Speaker 2: might be classified as extreme in Milwaukee but ordinary in Phoenix.
• 2:08:42
  Speaker 2: A storm may be statistically unusual but cause little damage.
• 2:08:46
  Speaker 2: Another storm may be statistically ordinary but cause enormous losses.
• 2:08:50
  Speaker 2: One definition measures the weather. Another measures its consequences. No
• 2:08:55
  Speaker 2: definition can reconcile all of these contradictions. The definition must
• 2:08:59
  Speaker 2: consistently or constantly rather be selected according to the event, location,
• 2:09:03
  Speaker 2: time period, and purpose. Extreme weather is never consistent. Scientific.
• 2:09:09
  Speaker 2: Science requires terms that can be universally agreed upon in
• 2:09:12
  Speaker 2: a single definition. The U.S. government has set at least
• 2:09:14
  Speaker 2: four different definitions of extreme weather. A legal definition, a
• 2:09:20
  Speaker 2: statistical climatological definition, a hazard-based definition, and an operational definition,
• 2:09:26
  Speaker 2: which in turn is divided into three parts, climatological, forecast,
• 2:09:31
  Speaker 2: and super-specific. Congress and a host of agencies, from the
• 2:09:35
  Speaker 2: Federal Emergency Management Agency and the National Weather Service to
• 2:09:38
  Speaker 2: the Environmental Protection Agency, must decide which definition to use. Otherwise,
• 2:09:43
  Speaker 2: the label can be selected or rejected for almost any destructive, unusual,
• 2:09:47
  Speaker 2: or frightening occurrence. Gets you all ginned up, right?
• 2:09:51
  Speaker 1: Extreme.
• 2:09:52
  Speaker 2: Sounds dramatic. Without being specific. Without requiring the speaker to
• 2:09:57
  Speaker 2: identify a measurable standard. And if one definition fails to
• 2:10:00
  Speaker 2: make the point, another can be substituted. If storm frequency
• 2:10:04
  Speaker 2: hasn't increased, economic damage can be cited. If damage is inconclusive, temperature, rainfall,
• 2:10:09
  Speaker 2: or computer projections can take its place. The claim can
• 2:10:14
  Speaker 2: never be disproved because its meaning isn't fixed. If a
• 2:10:19
  Speaker 2: term can't be defined, claims made with that term can't
• 2:10:22
  Speaker 2: be proved true or false. Therefore, here we go, the statement,
• 2:10:28
  Speaker 2: climate change is causing more extreme weather, should be rejected
• 2:10:33
  Speaker 2: as meaningless amen now go ahead find your local news
• 2:10:37
  Speaker 2: and find out how crazy oh my god it's a
• 2:10:39
  Speaker 2: stream warning weathered week this week or whatever probably one
• 2:10:43
  Speaker 2: going on right now because it's hot and humid this
• 2:10:45
  Speaker 2: week yeah to be followed by cooler days maybe tomorrow
• 2:10:50
  Speaker 2: joyce is on the phone joyce thanks for calling this
• 2:10:52
  Speaker 2: morning and a very happy monday to you thanks for
• 2:10:54
  Speaker 2: ringing me up today.
• 2:10:56
  Speaker 11: Hi brian happy monday to you as well thank you
• 2:10:58
  Speaker 11: um i'm just I just would like to put my
• 2:11:02
  Speaker 11: two cents in about people voting for Acton over the Vakes.
• 2:11:07
  Speaker 7: It's baffling to me.
• 2:11:08
  Speaker 4: Me too.
• 2:11:09
  Speaker 7: And just a real quick anecdote. Listen, I've been in
• 2:11:12
  Speaker 7: sobriety and in recovery.
• 2:11:14
  Speaker 1: For nearly 21 years.
• 2:11:15
  Speaker 7: And I went through the AA program and I was
• 2:11:18
  Speaker 7: in it very actively. When they locked down our state
• 2:11:23
  Speaker 7: and our country, do you know how many people seeking
• 2:11:27
  Speaker 7: help that went to knock on the doors of the
• 2:11:30
  Speaker 7: AA rooms that were locked.
• 2:11:33
  Speaker 1: That they couldn't get in. Oh, my.
• 2:11:36
  Speaker 7: Speaking as someone that, when I was in my darkest days,
• 2:11:39
  Speaker 7: and that is the thing that pulled me out, I
• 2:11:42
  Speaker 7: can't even... My point is the cost, the true cost
• 2:11:46
  Speaker 7: of those lockdowns that Acton pushed and instituted in the
• 2:11:51
  Speaker 7: state with that little troll divine, they'll never truly know
• 2:11:56
  Speaker 7: how much damage it's done to people.
• 2:11:59
  Speaker 2: That's an outstanding point you made there, and I congratulate
• 2:12:02
  Speaker 2: you on your recovery. But you have shown a light
• 2:12:04
  Speaker 2: on something that probably has flown under the vast majority
• 2:12:06
  Speaker 2: of people's radar. There's been a lot of statistics out
• 2:12:09
  Speaker 2: of the number of substance abuse problems and how much
• 2:12:11
  Speaker 2: it increased during the lockdowns. Obviously, depression was big. Isolation
• 2:12:16
  Speaker 2: was a problem, and people tend to self-medicate. But being
• 2:12:20
  Speaker 2: locked out of services like that, it's something I believe
• 2:12:23
  Speaker 2: probably most people don't think of. So it's another excellent
• 2:12:26
  Speaker 2: point you made. Yeah, and I am equally baffled, Joyce,
• 2:12:29
  Speaker 2: by this. I'm not going to vote for Ramaswamy. Somebody
• 2:12:31
  Speaker 2: called me this morning and said his friends were saying
• 2:12:33
  Speaker 2: he's not one of us. I'm like, what the hell
• 2:12:35
  Speaker 2: does that even mean? He's not one of us? Oh,
• 2:12:37
  Speaker 2: by the way, he's not one of us. Are you
• 2:12:39
  Speaker 2: going to vote for Acton? Hell no, I'm not voting
• 2:12:40
  Speaker 2: for her either. Great.
• 2:12:43
  Speaker 3: Great.
• 2:12:43
  Speaker 2: Well, he's a human being. Yeah. Start there.
• 2:12:48
  Speaker 11: And he's smart, and he's.
• 2:12:50
  Speaker 3: A businessman, and.
• 2:12:52
  Speaker 2: Listen, I've been touting.
• 2:12:54
  Speaker 7: Him and I will continue, but I just don't think
• 2:12:58
  Speaker 7: people understand the damage that that woman did.
• 2:13:01
  Speaker 1: And to vote for her, I just can't. I can't
• 2:13:05
  Speaker 1: even wrap my head around it.
• 2:13:07
  Speaker 2: I cannot either. It really is frustrating. People looking for
• 2:13:10
  Speaker 2: the perfect candidate, you're never going to find them. Joyce,
• 2:13:13
  Speaker 2: I appreciate your shout-out on that. We need to get
• 2:13:15
  Speaker 2: off our butts and get out and vote. Hold your
• 2:13:16
  Speaker 2: nose if you have to. You know the options are,
• 2:13:18
  Speaker 2: and one is a far better option than the other.
• 2:13:21
  Speaker 2: And by the way, what in the hell is Amy
• 2:13:22
  Speaker 2: Acton running on anyway? She's running away from her lockdown
• 2:13:26
  Speaker 2: mandates and edicts, but I don't know what she's offering
• 2:13:28
  Speaker 2: by way of policy and position for the state of Ohio.
• 2:13:31
  Speaker 2: Check out Ramaswamy. He has got great ideas for the state. Thanks, Joyce. 847-513-749-5500, 800-823-TALK,
• 2:13:35
  Speaker 2: pound 550 on AT & T phones. Be right back. 55KRC,
• 2:13:36
  Speaker 2: the talk station. 850-55KRC, the talk station. Hope you're having
• 2:13:55
  Speaker 2: a good day so far. Hope you had a wonderful weekend.
• 2:13:57
  Speaker 2: And sad, sad news, Class of 83, and Chris Shearer
• 2:14:01
  Speaker 2: does the Oak Hills Class of 83 page. Good morning, Chris.
• 2:14:03
  Speaker 2: Appreciate you doing that over the years. It's just such
• 2:14:06
  Speaker 2: a terrible, terrible thing when you read about a classmate
• 2:14:08
  Speaker 2: in your own class, basically your age, who's passed away,
• 2:14:12
  Speaker 2: especially with such a good, good man. John Markasky. Anybody
• 2:14:17
  Speaker 2: in Brown class of 83 at Oak Hills High School,
• 2:14:19
  Speaker 2: anybody on the west side knows exactly who I'm talking about.
• 2:14:21
  Speaker 2: What just an amazing guy. Everybody loved him. He was
• 2:14:24
  Speaker 2: kind of like the Dolly Parton Oak Hills class of 83.
• 2:14:26
  Speaker 2: You couldn't find a human being who didn't love that guy.
• 2:14:29
  Speaker 2: So I'm sad to announce and let the listening audience
• 2:14:32
  Speaker 2: know that he has passed away, and it's kind of
• 2:14:34
  Speaker 2: hitting me kind of hard because, again, such a great guy.
• 2:14:36
  Speaker 2: God bless him. Prayers to his family. Funeral next Tuesday,
• 2:14:40
  Speaker 2: or visitation is next Tuesday, funeral on Wednesday. If you're interested,
• 2:14:44
  Speaker 2: you can find the details on that. God rest your soul,
• 2:14:47
  Speaker 2: John Markeski. Anyhow, how about, let's end on a stack
• 2:14:55
  Speaker 2: of stupid kind of note and a left-wing bat crap
• 2:14:58
  Speaker 2: insane reality going on in Los Angeles.
• 2:15:00
  Speaker 4: Ready?
• 2:15:02
  Speaker 3: Hmm.
• 2:15:04
  Speaker 2: Rogue street food vendors, which nobody's doing anything about. This
• 2:15:11
  Speaker 2: is a report that came out. Shocking allegations listed in
• 2:15:18
  Speaker 2: a 662-page report of 9,746 public health complaints about street
• 2:15:27
  Speaker 2: food vendors that was filed across Los Angeles County between
• 2:15:31
  Speaker 2: 2023 and 2026. So three years, you've got almost 10,000
• 2:15:35
  Speaker 2: complaints about food vendor trucks. Complaints which include from the report, quote,
• 2:15:41
  Speaker 2: A dog eating meat out of a street vendor's bag
• 2:15:43
  Speaker 2: before it was served to customers. Cockroaches crawling out of
• 2:15:46
  Speaker 2: a food truck. Mice scurrying around open salsa. Raw meat
• 2:15:50
  Speaker 2: baking unrefrigerated in the heat. People urinating around cooking equipment.
• 2:15:54
  Speaker 2: All of that and so much more. And in spite
• 2:15:56
  Speaker 2: of that, both the county health department and the mayor,
• 2:16:01
  Speaker 2: Karen Bass, suspended all street enforcement of permit inspections and
• 2:16:07
  Speaker 2: food safety laws on the book, citing the lack of action.
• 2:16:10
  Speaker 2: You ready? to protect illegal aliens from federal immigration enforcement.
• 2:16:17
  Speaker 2: Breitbart sums this up in a couple of words, calling
• 2:16:20
  Speaker 2: the progressive leaders extending the sanctuary city to illegally serve food.
• 2:16:26
  Speaker 2: So we have a sanctuary policy when it comes to
• 2:16:27
  Speaker 2: food vendors. Karen Bass officially announced that she had ordered
• 2:16:31
  Speaker 2: the Los Angeles Police Department to no longer cite and
• 2:16:33
  Speaker 2: fine unpermitted vendors, saying street vending is a quintessential part
• 2:16:37
  Speaker 2: of L.A. 's world-class food scene. Mice salsa. Yeah, that's great,
• 2:16:47
  Speaker 2: isn't it? That's part of the scene, Joe. Come on.
• 2:16:52
  Speaker 2: Lists replicated some unsanitary conditions, perishable meat stored uncovered in
• 2:16:56
  Speaker 2: hot sun, lack of hand-washing stations, workers not observing the
• 2:16:59
  Speaker 2: kind of food safety practices found in restaurants, brick and mortar,
• 2:17:04
  Speaker 2: and enforced in restaurants. That was the other component of it.
• 2:17:08
  Speaker 2: The restaurants and legitimate vendors running the cities are, hey, whoa, whoa,
• 2:17:11
  Speaker 2: how come you don't suspend the rules for us? If
• 2:17:13
  Speaker 2: we get cited, you're going to come cracking down on
• 2:17:15
  Speaker 2: us harder than you can possibly do. Not food vendors.
• 2:17:18
  Speaker 2: You know why? Because most of these food trucks are
• 2:17:22
  Speaker 2: apparently run by and owned by illegal immigrant community.
• 2:17:26
  Speaker 4: Yeah.
• 2:17:28
  Speaker 2: Ergo, you can't enforce it because enforcing it might lead, oh,
• 2:17:32
  Speaker 2: I don't know, ICE agents to the food vendor's truck
• 2:17:34
  Speaker 2: or some nonsensical conclusion that they have come up with.
• 2:17:37
  Speaker 2: So cautionary tale, you might want to steer clear of
• 2:17:40
  Speaker 2: the Los Angeles food vendor trucks if you happen to
• 2:17:42
  Speaker 2: be in the Los Angeles area. Sorry if you are,
• 2:17:44
  Speaker 2: but some people have to go there anyway. Just steer
• 2:17:46
  Speaker 2: clear of that. If you're in a brick and mortar,
• 2:17:48
  Speaker 2: apparently they're still enforcing the sanitary laws, but eat at
• 2:17:52
  Speaker 2: your own risk.