Latest / Ron Verb / The entire broadcast from Thursday 05/14/26

Transcript

The entire broadcast from Thursday 05/14/26 · Ron Verb

• 0:00
  Speaker 1: Well, howdy ho, boys and girls. Thursday, May 14th, almost
• 0:04
  Speaker 1: the middle of May here as we sit down and
• 0:06
  Speaker 1: get underway on a chilly Thursday. 53 degrees on this Thursday,
• 0:13
  Speaker 1: May 14th. 53 degrees, cloudy overcast day as always. You
• 0:19
  Speaker 1: want to hear some interesting news? Let me find it
• 0:22
  Speaker 1: so I make sure I get this straight before I
• 0:24
  Speaker 1: go much further here today. I just want to give you–
• 0:33
  Speaker 1: this was just a little eye-opening for me, and I
• 0:36
  Speaker 1: want to see if I can bring it up. So
• 0:40
  Speaker 1: I say it's– okay, here we go. I want to
• 0:43
  Speaker 1: make sure I get this straight. Don't want to get
• 0:46
  Speaker 1: anything wrong. I want to make sure I'm very accurate
• 0:47
  Speaker 1: for you. Okay, so it's 53 degrees, 307 on a
• 0:49
  Speaker 1: Thursday afternoon. And let me see here. Where is the
• 1:02
  Speaker 1: long-range forecast? Because I believe someone was telling me that
• 1:10
  Speaker 1: we are going to be, on Monday, 87 degrees. So
• 1:16
  Speaker 1: just mull that over for a second. So we're sitting
• 1:19
  Speaker 1: here on a Thursday with 53 degrees at 3 in
• 1:22
  Speaker 1: the afternoon.
• 1:22
  Speaker 2: Hmm.
• 1:24
  Speaker 1: Tomorrow, Friday, our high will be 68. Saturday, we go
• 1:28
  Speaker 1: up 10 degrees every day, 68. Then on Saturday, we'll
• 1:32
  Speaker 1: go to 79 for a high. Then on Sunday, we'll
• 1:35
  Speaker 1: go to 82. Then on Monday, we'll go to 87.
• 1:38
  Speaker 1: Then on Tuesday, 85. Wednesday, 83. So this is a
• 1:47
  Speaker 1: true story here that I've got to tell you at
• 1:48
  Speaker 1: the beginning of the broadcast. So sometimes I think my
• 1:52
  Speaker 1: wife is... I don't know, she's a visionary. Because she
• 1:58
  Speaker 1: was saying to me, yes, that's right, we talked to
• 2:02
  Speaker 1: each other. She was saying to me, I can guarantee
• 2:05
  Speaker 1: you this. I said, what's that? She says, we're going
• 2:08
  Speaker 1: to go right out of this cold, overcast, rainy weather. Boom,
• 2:16
  Speaker 1: in a blink of an eye, it'll be 90 degrees.
• 2:18
  Speaker 1: There's going to be nothing in between. So this was
• 2:22
  Speaker 1: a conversation about two weeks ago. So two weeks ago,
• 2:26
  Speaker 1: we're sitting there and she's telling this to me and
• 2:28
  Speaker 1: she's saying, hmm, you know, because I'm belly aching a
• 2:31
  Speaker 1: little bit. I'm saying, well, you know, the rain, it's
• 2:33
  Speaker 1: raining all the time. It's not just rain and it's
• 2:35
  Speaker 1: pouring and the ground's saturated. It keeps on raining all
• 2:39
  Speaker 1: the damn time. And there'd be days you'd have to
• 2:44
  Speaker 1: have on almost a, not a winter jacket, but a
• 2:47
  Speaker 1: heavier jacket. It would be so cold. Like today, it's
• 2:52
  Speaker 1: 53 degrees. It's overcast. It rains today in my neck
• 2:58
  Speaker 1: of the woods. So I'm looking at all this, and
• 3:01
  Speaker 1: this has been going on, what, April and May. It's
• 3:03
  Speaker 1: already the middle of May. And that's when my wife,
• 3:08
  Speaker 1: when we were talking, and she turned to me and
• 3:09
  Speaker 1: she says, I'm telling you, it's going to go right
• 3:12
  Speaker 1: from this weather to be 90 degrees. And son of
• 3:19
  Speaker 1: a gun if she isn't right again. I don't know
• 3:22
  Speaker 1: how I'm going to be able to function. I mean,
• 3:25
  Speaker 1: she's right again on this kind of stuff. I'm going
• 3:27
  Speaker 1: to have to acknowledge the fact. I mean, those are
• 3:30
  Speaker 1: the temperatures to come. Isn't it hard to imagine today,
• 3:32
  Speaker 1: 53 degrees? And then Monday, it's going to be 87,
• 3:37
  Speaker 1: almost 90 degrees. How about the rain chances? Let me
• 3:43
  Speaker 1: take just a peek at that. 40% Saturday, 40% Sunday, 40% Tuesday, 30% Wednesday.
• 3:51
  Speaker 1: I mean, it's just saturated out there. Anyway, that's enough
• 3:55
  Speaker 1: of my belly aching. Let me take some calls. Dave
• 3:57
  Speaker 1: Thomas should be out there as well.
• 3:59
  Speaker 3: Hello. Hi, everyone.
• 4:02
  Speaker 1: Yes, J.J., the liberal.
• 4:03
  Speaker 4: Did you see Trump was with President Xi today?
• 4:09
  Speaker 5: Yes.
• 4:11
  Speaker 4: It's not good.
• 4:13
  Speaker 1: Why not?
• 4:14
  Speaker 3: Huh?
• 4:16
  Speaker 1: Why isn't it good? I mean, they were meeting.
• 4:18
  Speaker 4: Because I didn't see it. I think Trump thought.
• 4:23
  Speaker 3: That it was going to be..
• 4:26
  Speaker 4: They were going to talk about it something different, but
• 4:28
  Speaker 4: it seemed as though he was just making some threats
• 4:32
  Speaker 4: about to stay away from Taiwan and not get involved
• 4:37
  Speaker 4: in Taiwan or things can go south, which, again, we've
• 4:42
  Speaker 4: talked many times that a lot of times this is all...
• 4:46
  Speaker 4: You know, everybody's... All the leaders, you know, pump their
• 4:50
  Speaker 4: chests up and and so on and so forth, want
• 4:52
  Speaker 4: to see how far they can push things. But this,
• 4:54
  Speaker 4: you know, we're, we're, we're, it just, it's not good.
• 4:58
  Speaker 4: And it just seems as though that we are losing
• 5:01
  Speaker 4: any allies or any type of, any type of validity
• 5:06
  Speaker 4: or any type of strength in the, in the, in the,
• 5:10
  Speaker 4: in the world as things are continuing to, to go on. And,
• 5:14
  Speaker 4: you know, again, it's, you know, I just really, for
• 5:20
  Speaker 4: some reason, today, I don't have a good feeling about
• 5:23
  Speaker 4: a lot of things.
• 5:24
  Speaker 2: Interesting.
• 5:26
  Speaker 1: You sound kind of depressed.
• 5:29
  Speaker 4: Well, I'm not depressed. I told you, whenever it rains,
• 5:32
  Speaker 4: unlike a lot of people.
• 5:33
  Speaker 5: I get a lot of pain.
• 5:36
  Speaker 1: You need a dose of sunshine. Don't worry. Hot and
• 5:38
  Speaker 1: humid is just around the corner.
• 5:41
  Speaker 4: You know, it'll probably go 87, 84, 83, 87, 24.
• 5:47
  Speaker 4: We'll call one day and go, what the heck is
• 5:50
  Speaker 4: going on?
• 5:50
  Speaker 1: There you go.
• 5:52
  Speaker 6: If we miss.
• 5:52
  Speaker 4: Spring anymore, it goes straight from winter to summer.
• 5:57
  Speaker 1: There you have it. Or at least for a short
• 5:59
  Speaker 1: period of time. All right, I'm going to get to
• 6:01
  Speaker 1: Dave Thomas, state rep. Thank you. J.J., the liberal. Hello.
• 6:05
  Speaker 1: Wait a second. Wait a second. Why is this not
• 6:08
  Speaker 1: functioning right for me? Wait on one second. What's that?
• 6:11
  Speaker 7: Hold up.
• 6:12
  Speaker 1: What? You want me to hang up? Wait a second here.
• 6:15
  Speaker 1: Don't screw up. All right. I will drop him. Hello?
• 6:18
  Speaker 1: You're on air.
• 6:20
  Speaker 8: Well, what do you think of the Cavaliers?
• 6:24
  Speaker 1: I think they're doing okay.
• 6:29
  Speaker 8: It's just remarkable. You're down that bad, and you come
• 6:33
  Speaker 8: and prove to the nation and represent Ohio pretty darn good.
• 6:38
  Speaker 8: I just couldn't believe Mitchell had 40 points the other night, Ron.
• 6:42
  Speaker 9: It was great.
• 6:43
  Speaker 1: So you're still, well, listen, I've been focused on the
• 6:47
  Speaker 1: Guardians and you were talking about the Cavs and Son
• 6:51
  Speaker 1: of a Gun if you weren't ahead of the game
• 6:53
  Speaker 1: with me. Kudos to you.
• 6:56
  Speaker 3: Yeah, yeah.
• 6:57
  Speaker 8: And I hope they do. I think they play tomorrow.
• 7:01
  Speaker 8: They got one more, don't they?
• 7:04
  Speaker 6: I think, right?
• 7:06
  Speaker 10: Yeah.
• 7:06
  Speaker 11: Yeah.
• 7:06
  Speaker 3: Yeah.
• 7:07
  Speaker 8: They'll make it. I think they'll win the both games now.
• 7:11
  Speaker 8: I do.
• 7:11
  Speaker 6: All right.
• 7:12
  Speaker 1: There he is, official sports prognostic in the program. It's
• 7:15
  Speaker 1: the one and only Dick from Dayton. Your honey, thank
• 7:18
  Speaker 1: you for your call, Dick. We appreciate it. Wait a
• 7:21
  Speaker 1: second here. Let me get this straight. Everything's messing up today.
• 7:25
  Speaker 1: I don't understand. You're on the air.
• 7:27
  Speaker 12: Hey, Ron.
• 7:28
  Speaker 9: Hey, David.
• 7:29
  Speaker 1: Jeez, it was like... It's like trying to figure out
• 7:33
  Speaker 1: where you are. All right. I knew you were out
• 7:36
  Speaker 1: there somewhere. It's Dave Thomas, state rep, NewsRadio 570 WKBN,
• 7:40
  Speaker 1: checking in with an update. And we're all happy about that.
• 7:45
  Speaker 1: You want to update us on this Medicaid fraud situation,
• 7:49
  Speaker 1: and I want to start with that. Tex Fisher last
• 7:52
  Speaker 1: time was saying that it could be billions of dollars.
• 7:56
  Speaker 1: Just so I set the record straight, Medicaid takes up
• 7:59
  Speaker 1: about half of our state budget, around $ 45 billion a year, correct?
• 8:04
  Speaker 13: Not a year. That's the total budget. That's every two years.
• 8:08
  Speaker 3: Okay.
• 8:09
  Speaker 13: Roughly about $ 22 to $ 25 billion.
• 8:10
  Speaker 2: Okay.
• 8:12
  Speaker 1: All right, so when I say $ 90 billion for the state,
• 8:16
  Speaker 1: that's two years, the budget for the state?
• 8:19
  Speaker 6: Correct, yep.
• 8:20
  Speaker 1: All right, so that's a two-year budget. And then if
• 8:22
  Speaker 1: we break that down, $ 45 billion a year is the
• 8:25
  Speaker 1: state budget, and half of that goes to Medicaid.
• 8:31
  Speaker 13: Yes. Half of that is paid for by us on
• 8:33
  Speaker 13: the federal tax side, half of it on the state
• 8:36
  Speaker 13: tax side.
• 8:38
  Speaker 1: How many people in the state of Ohio are on Medicaid?
• 8:41
  Speaker 13: A lot more than there should be.
• 8:44
  Speaker 1: Well, that's a good answer. Boy, are you getting good.
• 8:48
  Speaker 1: You know, the more you appear in the program, the
• 8:51
  Speaker 1: better you get. More than there should be. That is
• 8:55
  Speaker 1: a great answer. There's got to be a hell of
• 8:57
  Speaker 1: a lot of people on Medicaid in Ohio. Now, Medicaid
• 9:00
  Speaker 1: is not Medicare, folks. Medicare is for the elderly. Medicaid's
• 9:04
  Speaker 1: for poor people.
• 9:05
  Speaker 6: Correct.
• 9:06
  Speaker 13: And that gets back, and this is probably a 10-year...
• 9:11
  Speaker 13: problem that has just been escalating every two years, every budget.
• 9:15
  Speaker 13: And why it goes back 10 years, this started back
• 9:18
  Speaker 13: under John Kasich when we actually expanded Medicaid in the
• 9:23
  Speaker 13: state of Ohio and expanded it to folks that Medicaid
• 9:26
  Speaker 13: was never supposed to be for.
• 9:28
  Speaker 1: Like who?
• 9:30
  Speaker 13: A classic example is your 25-year-old working-age man who doesn't
• 9:35
  Speaker 13: have a job but can actually qualify for Medicaid.
• 9:39
  Speaker 1: Because... They want to sit on their arse all day.
• 9:44
  Speaker 13: Correct. That was part of the expansion that happened under Obamacare.
• 9:48
  Speaker 13: Ohio was one of the states, because back then, the
• 9:51
  Speaker 13: federal government promised 90 cents on every dollar spent on
• 9:55
  Speaker 13: these expanded cases. It's a John Kasich ticket. it's 50
• 10:00
  Speaker 13: cents on every dollar. Part of why the budget has
• 10:03
  Speaker 13: grown so much for Medicaid, and another reason why there's
• 10:06
  Speaker 13: so many folks that are on the program that really
• 10:09
  Speaker 13: shouldn't actually be getting money.
• 10:11
  Speaker 1: In retrospect, John Kasich was a lousy governor with some
• 10:13
  Speaker 1: of the crap he pulled. Do you get that impression?
• 10:17
  Speaker 2: Oh, yeah.
• 10:18
  Speaker 13: Yeah, especially towards the end.
• 10:21
  Speaker 1: I mean, he was the one cutting, what, the local
• 10:24
  Speaker 1: government fund and pulling this kind of nonsense. That was him, correct, Kasich?
• 10:28
  Speaker 3: Yes.
• 10:29
  Speaker 14: Yep.
• 10:30
  Speaker 1: I mean, he's a..
• 10:30
  Speaker 3: So..
• 10:34
  Speaker 1: So we spend $ 45 billion, so everybody learns, learning from
• 10:38
  Speaker 1: Dave Thomas today, boys and girls. So our state budget
• 10:41
  Speaker 1: here in Ohio is $ 45 billion a year, of which
• 10:44
  Speaker 1: half of it, like $ 22 billion, goes to just one program,
• 10:48
  Speaker 1: and that's Medicaid, which was expanded under KSIG to say, okay,
• 10:53
  Speaker 1: if you're of working age and 25 years old and
• 10:56
  Speaker 1: you just don't want to go get a job, we'll
• 10:57
  Speaker 1: cover you with Medicaid, which is crazy. So what are
• 11:01
  Speaker 1: we doing about it?
• 11:03
  Speaker 13: So part of why you could probably tell I'm pretty
• 11:06
  Speaker 13: frustrated is I've learned just this past week that the
• 11:11
  Speaker 13: legislature has actually tried to do quite a bit under
• 11:13
  Speaker 13: Mike DeWine. And every budget, there have been vetoes of
• 11:19
  Speaker 13: essentially reining in Medicaid. And now that's essentially what the
• 11:23
  Speaker 13: governor's proposing, what he previously had said no or had
• 11:27
  Speaker 13: completely vetoed of what we've tried to do.
• 11:31
  Speaker 1: Okay, now, I just want to take this slow, okay?
• 11:33
  Speaker 1: So you're saying to me, just so I understand it,
• 11:36
  Speaker 1: you guys in the legislature, guys like you, would put
• 11:40
  Speaker 1: together changes in Medicaid that would eliminate or cut down
• 11:45
  Speaker 1: on a cost, and DeWine would veto them?
• 11:48
  Speaker 3: Yes.
• 11:50
  Speaker 1: Well, he's really starting to get on my nerves, too.
• 11:52
  Speaker 1: I mean, I've got to tell you this much. I'll
• 11:54
  Speaker 1: be glad to see him go. He is such a... Well,
• 11:58
  Speaker 1: I shouldn't say it. Okay, so needless to say, you're
• 12:03
  Speaker 1: saying he would veto it, but now he's for it?
• 12:06
  Speaker 13: So, yeah, he vetoed provisions in the 2019 budget, the
• 12:10
  Speaker 13: 2021 budget, and the 2023 budget. A handful of provisions,
• 12:16
  Speaker 13: things such as, and here's, so boil all this down,
• 12:20
  Speaker 13: where a lot of the fraud is coming. And this
• 12:23
  Speaker 13: is what you've seen on TV. This is what you're
• 12:26
  Speaker 13: seeing on the Daily Wire right now. it's fake or
• 12:31
  Speaker 13: it's somewhat fake companies setting up LLCs to do home
• 12:35
  Speaker 13: health or to do child care or other types of
• 12:40
  Speaker 13: services that then they build Medicaid for. And the whole
• 12:44
  Speaker 13: concept is there should be checks on are those services
• 12:48
  Speaker 13: actually getting done and are those proper services for what
• 12:52
  Speaker 13: actually should qualify for Medicaid. And what we're finding is
• 12:57
  Speaker 13: What all this fraud, you know, Tex mentioned a couple billion,
• 13:01
  Speaker 13: what the auditor state had released earlier this year, and
• 13:05
  Speaker 13: that was actually a veto prior as well. But what
• 13:08
  Speaker 13: he was finally able to do and release, anywhere probably
• 13:11
  Speaker 13: between one to two billion that they're able to see
• 13:14
  Speaker 13: as either unclear or uncertain charges, or things that are clearly,
• 13:19
  Speaker 13: this is not a proper charge, this is not a
• 13:23
  Speaker 13: proper company, this is a company that's not even doing
• 13:26
  Speaker 13: real service. but still actually getting money from Medicaid.
• 13:30
  Speaker 1: So it leads me to the question, did they have
• 13:33
  Speaker 1: any patients, or are these like the ones that I
• 13:36
  Speaker 1: would see in Minnesota where they just had storefronts and
• 13:40
  Speaker 1: were really just stealing the money, or were they performing
• 13:43
  Speaker 1: a service and overbilling for it?
• 13:45
  Speaker 13: It's a mixture, and that's part of what makes this
• 13:48
  Speaker 13: so challenging. It's almost kind of an all of the above,
• 13:52
  Speaker 13: and it's the perfect symbol of just how crazy Medicaid
• 13:56
  Speaker 13: has gotten. in the state of Ohio without really any oversight.
• 14:01
  Speaker 13: So you're essentially, and this is, I think, at the
• 14:04
  Speaker 13: root of why Governor DeWine has vetoed so much and
• 14:07
  Speaker 13: why he's been so resistant to changing Medicaid. I think
• 14:11
  Speaker 13: in his mind, the more people that are getting services,
• 14:15
  Speaker 13: the more money that's being sent out.
• 14:17
  Speaker 1: The better.
• 14:18
  Speaker 13: And if we try to double-check or restrict or limit,
• 14:22
  Speaker 13: that prevents who he thinks should be getting money from
• 14:25
  Speaker 13: getting money. But that's the exact opposite of how we
• 14:28
  Speaker 13: should actually be spending our tax dollars and having some
• 14:32
  Speaker 13: type of oversight on our tax dollars. But it could
• 14:36
  Speaker 13: be a mixture, and it is a mixture, of some
• 14:38
  Speaker 13: actual companies that are out there, but they are double
• 14:42
  Speaker 13: billing for services or they are actually including things that
• 14:47
  Speaker 13: they're not really doing. This could be, for example, you
• 14:51
  Speaker 13: have an elderly family member They happen to also be
• 14:55
  Speaker 13: below the poverty line. They're receiving maybe home health. They're
• 14:59
  Speaker 13: receiving what's called companionship or someone, a nurse or nurse aide,
• 15:04
  Speaker 13: coming into their home, doing chores, helping with shots, those
• 15:08
  Speaker 13: types of things. Some of that is actual, truly Medicaid.
• 15:12
  Speaker 13: It should be billed under Medicaid. But they could be
• 15:16
  Speaker 13: completely overcharging, extra hours, extra locations. We actually put, just
• 15:22
  Speaker 13: for an example..
• 15:23
  Speaker 1: Standby, standby, hold that thought. You've got to hear this, folks.
• 15:27
  Speaker 1: Dave Thomas, and we're talking about fraud in Ohio. State Rep,
• 15:31
  Speaker 1: NewsRadio 570 WKBN, and Ron Furb from the Kingdom of Mahoney.
• 15:37
  Speaker 15: Youngstown's news, weather, and talk station, 570 WKBN. All right,
• 15:42
  Speaker 15: let me get back to Dave Thomas here. This is
• 15:47
  Speaker 15: just stinking.
• 15:49
  Speaker 1: So basically you have people that are providing these services
• 15:52
  Speaker 1: knowing that no one's watching and they're billing for additional
• 15:56
  Speaker 1: work that they're not doing. They're screwing a system, correct?
• 16:00
  Speaker 16: Correct.
• 16:01
  Speaker 13: That's one level of the fraud side. There's other levels
• 16:06
  Speaker 13: where you have completely, and this is more, I think,
• 16:09
  Speaker 13: where we're seeing in the, I mean, where these small
• 16:16
  Speaker 13: communities or larger communities, they have sophisticated folks that can
• 16:21
  Speaker 13: set up an LLC, say they're providing certain services, and
• 16:25
  Speaker 13: they're doing nothing of the sort. And they're able to
• 16:28
  Speaker 13: bill Medicaid for having home health care or for doing
• 16:33
  Speaker 13: companionship or for driving to medical appointments. But it's actually
• 16:39
  Speaker 13: not happening whatsoever. And part of why this has gotten
• 16:44
  Speaker 13: to the case and that history is important. So I
• 16:46
  Speaker 13: said 10 years ago we expanded Medicaid, so that just
• 16:48
  Speaker 13: total dollar amount's been growing. But then starting eight years
• 16:52
  Speaker 13: ago in 2019, the legislature tried to start some kind
• 16:57
  Speaker 13: of checks. Right now, just as an example, the Medicaid
• 17:01
  Speaker 13: budget is a complete black box to the legislature. So
• 17:06
  Speaker 13: unlike other state departments or state services, where we have
• 17:10
  Speaker 13: line items that we actually appropriate, we have funds that's
• 17:14
  Speaker 13: in that department we appropriate. We just give, essentially, Medicaid
• 17:20
  Speaker 13: $ 22 billion. We appropriate Medicaid spending as the administration wished
• 17:28
  Speaker 13: to spend it. We've tried in each budget to create
• 17:32
  Speaker 13: line items, create funds. Each time that's an example of
• 17:35
  Speaker 13: a veto, they check on the administrative branch that the
• 17:39
  Speaker 13: governor has said, no, you don't want this. And that's
• 17:43
  Speaker 13: just one small example of how we've not been able
• 17:45
  Speaker 13: to have the oversight from the legislature, but the Medicaid
• 17:49
  Speaker 13: has been able to really kind of do or not
• 17:52
  Speaker 13: do what they'd like. There's a good number of other
• 17:55
  Speaker 13: examples that, for example, two budgets ago, going back to
• 18:00
  Speaker 13: how is the fund actually happening, there should be some
• 18:05
  Speaker 13: type of way to say, if you are a traveling nurse...
• 18:08
  Speaker 13: you're going to all these different homes, and you're billing
• 18:10
  Speaker 13: for these services, there should be a way to actually
• 18:13
  Speaker 13: check and make sure that you're going to those homes.
• 18:16
  Speaker 13: A super easy way to do it is essentially having
• 18:19
  Speaker 13: a GPS tracker or some type of check-in that you
• 18:22
  Speaker 13: can show and have some double check of, you actually
• 18:26
  Speaker 13: went to this home, you did the service. That was
• 18:28
  Speaker 13: another example of a veto. The governor said, no, we're
• 18:32
  Speaker 13: not going to do this. We're going to essentially trust...
• 18:35
  Speaker 13: the service providers that they're actually performing the service they're
• 18:38
  Speaker 13: billing us for.
• 18:39
  Speaker 1: Unbelievable.
• 18:41
  Speaker 13: And that's one of the simplest things you can do
• 18:43
  Speaker 13: just to make sure that people that are billing are
• 18:46
  Speaker 13: actually going to the houses that they're going for. Now,
• 18:51
  Speaker 13: these are things, but what is the best, and for
• 18:54
  Speaker 13: whatever reason, we're not totally sure, the governor's Medicaid director
• 18:58
  Speaker 13: resigned late last year. My understanding, I've never met her.
• 19:03
  Speaker 13: All legislative talk has been that she really was a
• 19:06
  Speaker 13: big push behind a lot of these lax oversights. She resigned,
• 19:14
  Speaker 13: I think, before some of this all came out. And
• 19:16
  Speaker 13: we got the budget. The governor had vetoed prior, had
• 19:21
  Speaker 13: not vetoed this past budget, though, an actual audit of Medicaid.
• 19:26
  Speaker 13: We had not had a deep audit of Medicaid, despite
• 19:29
  Speaker 13: it being our budget.
• 19:30
  Speaker 1: All right, hold on to that thought. We'll pick it
• 19:32
  Speaker 1: up with the audit. Things you should know and how
• 19:35
  Speaker 1: we're getting screwed. Dave Thomas, state rep, our guest. We'll
• 19:38
  Speaker 1: be right back.
• 19:39
  Speaker 15: News Radio 570 WKVN. There you go. How about that
• 19:43
  Speaker 15: traffic report?
• 19:43
  Speaker 1: 335 News Radio 570 WKVN with Dave Thomas. I'm just
• 19:49
  Speaker 1: sitting here now. and I'm listening to this and you
• 19:52
  Speaker 1: better counsel me on how I'm not supposed to be
• 19:54
  Speaker 1: irate as a citizen of Ohio and a taxpayer in Ohio.
• 19:58
  Speaker 1: And I'll just tell you, and I want you to
• 20:00
  Speaker 1: get into this audit momentarily, but I'm sitting here thinking,
• 20:03
  Speaker 1: how the hell does this stuff happen with all the
• 20:05
  Speaker 1: people that we have elected? Where is our auditor keeping
• 20:09
  Speaker 1: track of this? Where is our attorney general? Did anybody
• 20:13
  Speaker 1: ever say, well, maybe we should have inspectors or somebody
• 20:17
  Speaker 1: that goes out to some of these addresses to see
• 20:19
  Speaker 1: if the leering center really does have clients or the
• 20:25
  Speaker 1: hospice care? It's the same crap we see in Minnesota
• 20:29
  Speaker 1: and in California. It's the same crap here in Ohio,
• 20:34
  Speaker 1: and it's Republicans in charge. where we have the exact
• 20:37
  Speaker 1: same thing that is going on. I mean, does anybody
• 20:42
  Speaker 1: do their job to say, let's go see if this
• 20:44
  Speaker 1: really is a place that's providing services to anybody, or
• 20:50
  Speaker 1: if it's just a storefront? What did you say with
• 20:53
  Speaker 1: Somalia's here in Ohio? Did I catch that right? Correct?
• 20:57
  Speaker 1: All right, so we got Somalia saying, here, we're going
• 21:00
  Speaker 1: to just have this, and we're just going to collect
• 21:02
  Speaker 1: a bunch of money, and we're not going to do
• 21:03
  Speaker 1: anything for it. And when we talk a bunch of money,
• 21:06
  Speaker 1: we're talking millions of dollars. So every one of you
• 21:09
  Speaker 1: folks that are listening out there that goes to work
• 21:11
  Speaker 1: or are retired and went to work, and you went
• 21:15
  Speaker 1: to work or you go to work, you get your paycheck,
• 21:19
  Speaker 1: you're making a go of it, you're making a living,
• 21:22
  Speaker 1: or you're surviving on your Social Security account, These people
• 21:25
  Speaker 1: that have come to this country and are just stealing
• 21:30
  Speaker 1: millions of dollars without doing any of that, they're making
• 21:32
  Speaker 1: more money than you. They're living better than you and
• 21:36
  Speaker 1: are newcomers to this country. And put a comma in
• 21:38
  Speaker 1: on this, you also have legitimate providers who say, hey,
• 21:42
  Speaker 1: there's no oversight, so we can bill for even more
• 21:45
  Speaker 1: than what we're actually doing and make even more money.
• 21:48
  Speaker 1: I can't imagine... And would this apply to the same stuff?
• 21:53
  Speaker 1: I mean, how much in the world of autism is
• 21:57
  Speaker 1: funded by the state? And is there oversight on that?
• 22:01
  Speaker 13: There is a lot of oversight on the school side
• 22:04
  Speaker 13: or on some of the more mental health side. But
• 22:09
  Speaker 13: this budget of Medicaid has always been in the state,
• 22:14
  Speaker 13: like I said earlier, kind of a black box or
• 22:16
  Speaker 13: purely under the administrative branch. And That's why being able
• 22:22
  Speaker 13: to somehow get it past the governor's veto pen to
• 22:24
  Speaker 13: have an actual full audit, that will be happening regularly.
• 22:28
  Speaker 13: The auditor state finally was able to actually get into
• 22:31
  Speaker 13: the accounts. It really, and that's part of the frustration
• 22:35
  Speaker 13: on my part.
• 22:36
  Speaker 1: All right, but I'll pause for a second. So if
• 22:37
  Speaker 1: he actually gets into the accounts and audits it, don't
• 22:40
  Speaker 1: you physically have to go see if there's patients there
• 22:44
  Speaker 1: or clients there? I mean, as opposed to just looking
• 22:47
  Speaker 1: at a ledger?
• 22:50
  Speaker 13: So what he'll do and what actually he's already done,
• 22:53
  Speaker 13: part of it, and that's why he kind of released
• 22:55
  Speaker 13: his first findings back in February at the same time,
• 22:58
  Speaker 13: the Daily Wire, same time some of the other things
• 23:00
  Speaker 13: were kind of popping up. It all happened at once.
• 23:04
  Speaker 13: He shared essentially what proper government practices and procedures there
• 23:09
  Speaker 13: should be to make sure that fraud is not happening, but.
• 23:13
  Speaker 2: It's not happening.
• 23:14
  Speaker 13: The auditor wouldn't actually go and double-check fraud some of
• 23:19
  Speaker 13: the locations, what they do is essentially make sure that
• 23:22
  Speaker 13: there are those kind of second checks or those belt
• 23:27
  Speaker 13: and suspenders, I guess, for lack of a better term,
• 23:29
  Speaker 13: procedures in place and that they're being followed and that
• 23:33
  Speaker 13: they're accurate. That essentially covers it. But what they found
• 23:37
  Speaker 13: was not even, you know, that home health care A
• 23:42
  Speaker 13: was national service. What they found was no one's even
• 23:44
  Speaker 13: checking it. per se, that home health care is doing
• 23:47
  Speaker 13: a service, which is part of just proper business or
• 23:52
  Speaker 13: as a local government official, I had to do a ton.
• 23:55
  Speaker 13: You just, you double check some of these things. And
• 23:58
  Speaker 13: that's the very first thing the audit found and what
• 24:00
  Speaker 13: he released, let alone diving deeper. But that's just kind
• 24:04
  Speaker 13: of skimming the surface just because of how big of
• 24:07
  Speaker 13: a department Medicaid is. We passed the budget last July.
• 24:11
  Speaker 13: It became effective later on that year. He started it
• 24:14
  Speaker 13: late last year. That was the very first thing, really,
• 24:17
  Speaker 13: they found was just there's no actual procedures in place
• 24:20
  Speaker 13: to make sure the money is being spent how it
• 24:23
  Speaker 13: should be, which was absolutely mind-boggling to us, the legislature,
• 24:28
  Speaker 13: and why even the Speaker actually came out yesterday after
• 24:33
  Speaker 13: session and kind of chastised the governor, going through, here's
• 24:37
  Speaker 13: everything we've tried to do, here's everything he's vetoed and
• 24:40
  Speaker 13: stopped us.
• 24:42
  Speaker 3: Even..
• 24:44
  Speaker 1: Yeah, but by him stopping that, the fraud has gone
• 24:46
  Speaker 1: on for years and years and years and millions and millions,
• 24:52
  Speaker 1: if not billions of dollars, more like billions and millions.
• 24:56
  Speaker 13: Yes, and that's– it's just– we had a– I can't
• 25:03
  Speaker 13: talk about what was talked about because caucuses is private,
• 25:07
  Speaker 13: but we had a pretty frank kind of general conversation
• 25:09
  Speaker 13: with our members of just– How did this actually get
• 25:13
  Speaker 13: to the point of where we are? And it even
• 25:16
  Speaker 13: came out two budgets ago. Legislature actually got past the
• 25:20
  Speaker 13: governor's veto as well. Just a small provision of kind
• 25:25
  Speaker 13: of part of that double check to set up a
• 25:27
  Speaker 13: procedure that Medicaid should be doing it anyway, but we
• 25:30
  Speaker 13: actually put it in code, in statute. Thou shalt have
• 25:35
  Speaker 13: a check on whose services are being served to who.
• 25:41
  Speaker 13: just as that very basic kind of, they should be
• 25:44
  Speaker 13: doing it, but we'll just double make sure, we'll put
• 25:46
  Speaker 13: it in code, they have to follow it. The Medicaid
• 25:49
  Speaker 13: director herself was in a meeting with the speaker about
• 25:52
  Speaker 13: two years later. She was pressing her on, you know,
• 25:55
  Speaker 13: you have this here, have you been complying, what's this
• 25:57
  Speaker 13: look like? And she refused to answer. She refused to.
• 26:01
  Speaker 6: Talk about it.
• 26:03
  Speaker 13: It's absolutely incomprehensible how much this administration has actually just
• 26:09
  Speaker 13: either prevented it good government or allowed and enabled all
• 26:14
  Speaker 13: the things you're hearing about.
• 26:15
  Speaker 1: I mean, I hate to say this, but DeWine's no
• 26:19
  Speaker 1: better than Tim Waltz in Minnesota by preventing oversight of
• 26:24
  Speaker 1: this theft.
• 26:29
  Speaker 13: Here's a scary thing to think about. Who was helping
• 26:33
  Speaker 13: him for three-fourths of his administration on health policy and
• 26:37
  Speaker 13: on Medicaid policy?
• 26:40
  Speaker 17: Who?
• 26:41
  Speaker 13: Amy Atkin.
• 26:43
  Speaker 1: Amy Atkin.
• 26:45
  Speaker 13: Who is not running for governor. Who is doubling down
• 26:50
  Speaker 13: on many of his policies. So this goes back to
• 26:54
  Speaker 13: our conversation last week.
• 26:55
  Speaker 1: Here's about it. Why is anybody doubling down on people
• 26:59
  Speaker 1: ripping off the system? Why would anybody be against it
• 27:03
  Speaker 1: or double down on it or prevent people from exposing
• 27:07
  Speaker 1: people that are stealing money For services they're not doing
• 27:13
  Speaker 1: or for facades that they have as far as businesses
• 27:19
  Speaker 1: are concerned. Why would anybody be opposed to cracking down
• 27:24
  Speaker 1: on that? I don't give a damn if they're a
• 27:25
  Speaker 1: Democrat or Republican. You have to explain this mindset. So
• 27:29
  Speaker 1: Amy Acton, a Democrat, or DeWine, a Republican.
• 27:37
  Speaker 13: Their mindset is that these are programs that are helping people.
• 27:40
  Speaker 1: Well, yeah, okay, but they might be helping some people,
• 27:45
  Speaker 1: but what about all the money that's being stolen? That's
• 27:47
  Speaker 1: not helping anybody but the person who's stealing it. I mean,
• 27:51
  Speaker 1: so you try to justify that to the rest of
• 27:55
  Speaker 1: us who go to work and pay our taxes. And
• 27:57
  Speaker 1: here's what you live on and higher, higher prices and
• 28:00
  Speaker 1: all this kind of jazz going on all the time. Meanwhile,
• 28:03
  Speaker 1: you got people from Somalia making, stealing billions of dollars
• 28:06
  Speaker 1: in the state of Ohio, billions of dollars who are
• 28:10
  Speaker 1: living much better than you will ever live. You peasant
• 28:14
  Speaker 1: taxpaying law abiding citizen.
• 28:18
  Speaker 13: And that's, There's two different ways to approach government spending
• 28:21
  Speaker 13: and government programs. The first way is that way. It's,
• 28:25
  Speaker 13: what's the taxpayer contributing? What's the expectation? Are we delivering
• 28:29
  Speaker 13: the actual service that the taxpayer wants at a minimum
• 28:33
  Speaker 13: cost to the taxpayer?
• 28:34
  Speaker 1: And the most important thing is, it's not my money,
• 28:37
  Speaker 1: so if it gets ripped off, nobody gives a damn
• 28:40
  Speaker 1: about it. There's the problem with that mentality.
• 28:45
  Speaker 13: That's the second philosophy mentality, is that, hey... This program
• 28:49
  Speaker 13: here is helping kids, and if we do anything more
• 28:52
  Speaker 13: to limit or to try to slow down or try
• 28:57
  Speaker 13: to put a cap or just even kind of double-check
• 29:00
  Speaker 13: the process, that means that some kids may get less
• 29:04
  Speaker 13: services or we won't be able to help as many kids.
• 29:07
  Speaker 1: Well, what services is anybody getting with the fraud that's committed?
• 29:11
  Speaker 1: The only kids that's benefiting are the kids of the
• 29:13
  Speaker 1: people committing the fraud.
• 29:15
  Speaker 3: Bingo.
• 29:16
  Speaker 6: Yep. Absolutely.
• 29:18
  Speaker 13: But if you listen to Tim Walz when it first
• 29:21
  Speaker 13: came out, if you listen to what he's been saying,
• 29:24
  Speaker 13: it's all focused about all the Republicans want to do
• 29:28
  Speaker 13: is just... I mean, bluntly, their line is the Republicans
• 29:33
  Speaker 13: just want to keep hurting poor people and want to
• 29:35
  Speaker 13: spend less money on..
• 29:36
  Speaker 2: The important work.
• 29:38
  Speaker 1: How about this as a cliche? The Republicans want to
• 29:40
  Speaker 1: stop the fraud from taking place and the taxpayer from
• 29:43
  Speaker 1: being ripped off. That's the narrative, not the one that
• 29:47
  Speaker 1: they want to peddle.
• 29:48
  Speaker 3: Exactly.
• 29:49
  Speaker 13: That's the truth. And that's what I think enough eyes
• 29:52
  Speaker 13: are opening up now. And this whole thing goes back
• 29:55
  Speaker 13: to what we started talking about earlier last year, even
• 29:58
  Speaker 13: two years ago. all these different philosophies about what actually
• 30:02
  Speaker 13: is the role of government and what are we all
• 30:04
  Speaker 13: here doing. Is it actually doing what's in the best
• 30:07
  Speaker 13: interest of the taxpayer or is it all of these
• 30:10
  Speaker 13: different mantras out there and the different factors that are
• 30:13
  Speaker 13: pushing against any type of limiting of spending other people's
• 30:17
  Speaker 13: money and of government size just in the name of
• 30:20
  Speaker 13: helping those who can't or won't or are unable to
• 30:24
  Speaker 13: help themselves. And there's always been that tension but enough
• 30:28
  Speaker 13: people are now pushing on the side of, frankly, the
• 30:31
  Speaker 13: taxpayer and being fed up with what they're seeing that
• 30:35
  Speaker 13: the balance has started to actually tilt towards making these
• 30:39
  Speaker 13: needed changes. Even the governor came out right after the speaker, frankly,
• 30:43
  Speaker 13: blasted them. The governor came out and said, okay, we're
• 30:47
  Speaker 13: going to no longer have any new providers. We're pausing
• 30:50
  Speaker 13: now as a state, new providers coming into Medicaid. We'll
• 30:54
  Speaker 13: review all the current providers. We'll stop payments to any
• 30:57
  Speaker 13: providers that are high risk, which means foreign-based or foreign-created LLCs.
• 31:03
  Speaker 13: We'll start geolocating so that we'll know exactly where the
• 31:06
  Speaker 13: nurses and the home health people are going.
• 31:08
  Speaker 1: This is after he's been governor for eight years. He's
• 31:10
  Speaker 1: a lame duck. He's on his way out. He's willing
• 31:13
  Speaker 1: to make all these changes as he's looked the other
• 31:17
  Speaker 1: way for his entire tenure.
• 31:19
  Speaker 13: Yes, and..
• 31:21
  Speaker 1: I am actually sitting here, folks, listening to this. I'm
• 31:24
  Speaker 1: just going to tell you, I don't care if it
• 31:26
  Speaker 1: embarrasses Dave Thomas or not. I'm going to tell all
• 31:28
  Speaker 1: of you, I'm sitting here and I'm praying that Dave
• 31:30
  Speaker 1: Thomas at some point becomes a governor of this state.
• 31:33
  Speaker 1: I'm just going to tell you all of that right here,
• 31:35
  Speaker 1: right now. I mean, all I'm looking for is a
• 31:38
  Speaker 1: guy like this, that's competent like this, that is talking
• 31:41
  Speaker 1: about this stuff. Dave comes on the program on a
• 31:44
  Speaker 1: regular basis. He wants to inform you as to what's
• 31:46
  Speaker 1: going on. I just, the Dave Thomas, the Dave Thomas,
• 31:52
  Speaker 1: the one and only, I hope he becomes governor someday.
• 31:55
  Speaker 1: We'll all be better off. Okay, I'm done. Sorry.
• 31:58
  Speaker 13: What we should be hoping for, though, and this goes
• 32:01
  Speaker 13: back to conversation last week, but they came right out,
• 32:05
  Speaker 13: gave a list of things, kind of his policy changes
• 32:08
  Speaker 13: for Medicaid, and He's really actually talking about scaling back,
• 32:13
  Speaker 13: not even, let's take the fraud and everything else out,
• 32:16
  Speaker 13: just scaling back actual Medicaid itself, which we have to
• 32:19
  Speaker 13: do because it's gotten way too big, too many people
• 32:21
  Speaker 13: on it.
• 32:22
  Speaker 1: Too expensive. We can't afford it. I mean, this idea that,
• 32:26
  Speaker 1: remember how cruel it was that if you were 25
• 32:28
  Speaker 1: years old, able-bodied, of work age, you were of work
• 32:33
  Speaker 1: age and able-bodied, you can't sit on your arse doing
• 32:36
  Speaker 1: nothing and have health care provided for you from Medicaid.
• 32:40
  Speaker 1: At some point, like the rest of us, I was
• 32:43
  Speaker 1: covered on my father's policy when I was a kid.
• 32:46
  Speaker 1: But when I became an adult, it was clear. Either
• 32:49
  Speaker 1: you got to go out and buy health care insurance.
• 32:52
  Speaker 1: and there wasn't Obamacare, or you've got to get a
• 32:54
  Speaker 1: job that provides it. It's part of growing up. It's
• 32:57
  Speaker 1: part of being an adult. It's part of the responsibility
• 33:01
  Speaker 1: that you have. Just as when I became a father,
• 33:04
  Speaker 1: it was my responsibility to put a roof over my kids'
• 33:07
  Speaker 1: head and make sure that they were covered with hospitalization,
• 33:10
  Speaker 1: as it will be their responsibilities as they bring children
• 33:14
  Speaker 1: into the world. You follow me? It's kind of growing up.
• 33:17
  Speaker 1: It's being an adult.
• 33:18
  Speaker 5: Yep, yep.
• 33:19
  Speaker 13: And people ask, well, you know, We're mad.
• 33:23
  Speaker 6: We're upset.
• 33:24
  Speaker 13: We're angry. What can we do, though? We want to
• 33:27
  Speaker 13: do something.
• 33:27
  Speaker 1: Well, I'll tell you what I'm doing. I'm talking to
• 33:29
  Speaker 1: Dave Thomas, letting the world know what the hell's going
• 33:31
  Speaker 1: on and how DeWine looked the other way. That means
• 33:34
  Speaker 1: he's any better than Tim Waltz.
• 33:37
  Speaker 3: Yeah. And the last..
• 33:39
  Speaker 13: And this is going to sound like a selfless plug,
• 33:41
  Speaker 13: but it's not. The last thing that you can do
• 33:43
  Speaker 13: or should do is be frustrated enough to say, well,
• 33:46
  Speaker 13: I'm not going to vote in November because it doesn't matter.
• 33:49
  Speaker 13: The last thing you should do is that because... Enough
• 33:51
  Speaker 13: people do that, Amy Acton wins, and we get 10
• 33:55
  Speaker 13: times worse than even what we have right now. But
• 33:58
  Speaker 13: it will be night and day if we have a
• 34:01
  Speaker 13: partner as the legislature in the governor's office who will
• 34:05
  Speaker 13: actually work with us and help us do these things
• 34:09
  Speaker 13: instead of constantly challenging or not even following through with
• 34:12
  Speaker 13: the law. So we have to be sure, and I'll
• 34:15
  Speaker 13: probably tell you this every single week I talk to you,
• 34:18
  Speaker 13: that the vacates in office in November... Because the alternative
• 34:22
  Speaker 13: will be this, much.
• 34:23
  Speaker 6: Much worse.
• 34:26
  Speaker 1: Absolutely. But it takes the person of Vivek or Dave Thomas,
• 34:34
  Speaker 1: because DeWine, forget the Democrat or Republican, DeWine has been
• 34:38
  Speaker 1: a failure as a Republican on this. Basically, his attitude was,
• 34:44
  Speaker 1: we don't want to oversee anything or do anything to
• 34:47
  Speaker 1: rock the boat, even though he knows there's fraud going on,
• 34:50
  Speaker 1: just like tampon Tim.
• 34:53
  Speaker 18: Yeah.
• 34:55
  Speaker 13: And the key as well is enough of our taxpayers.
• 35:00
  Speaker 13: And we're hearing it from people. We hear it from
• 35:03
  Speaker 13: folks every day on all different types of issues. But
• 35:06
  Speaker 13: whenever we try to talk about limiting spending or limiting tax,
• 35:11
  Speaker 13: social welfare programs, the amount of people that come out
• 35:14
  Speaker 13: of the woodwork and tell us, no, no, no, you
• 35:16
  Speaker 13: can't do that. You'll be taking food out of kids' mouths.
• 35:18
  Speaker 13: You'll be putting people on the street. You'll be ending
• 35:22
  Speaker 13: critical care for these folks.
• 35:23
  Speaker 1: No, we're trying to stop the fraud that is detrimental
• 35:27
  Speaker 1: to the survival of the program. Can you imagine how
• 35:30
  Speaker 1: much of that is going on in Medicare? This is
• 35:34
  Speaker 1: for the insurance for the elderly, where how many of
• 35:38
  Speaker 1: these providers are charging for things they're not doing or
• 35:42
  Speaker 1: ripping off Medicare because so many seniors want to act
• 35:47
  Speaker 1: like they're helpless, that they don't understand anything, as opposed
• 35:51
  Speaker 1: to saying, here's your statement from Medicare, review it. Don't
• 35:55
  Speaker 1: give your Medicare number out to anybody except your doctor
• 35:59
  Speaker 1: and that kind of stuff. I mean, can you imagine
• 36:03
  Speaker 1: a fraud that's going on in Medicare? And these programs
• 36:06
  Speaker 1: are on life support, for God's sakes. Stand by, stand by,
• 36:10
  Speaker 1: stand by. You know, my blood pressure's going up because
• 36:13
  Speaker 1: of you. I hope you're happy. It's Dave Thomas. I'll
• 36:17
  Speaker 1: be back with him in a minute. line at airmarino.com.
• 36:20
  Speaker 1: And I want you to keep that in mind. I mean,
• 36:22
  Speaker 1: we are regular users of Air Marino. So if you're
• 36:24
  Speaker 1: flying out of Pittsburgh and you park at Air Marino
• 36:30
  Speaker 1: Airport parking, you just take that Flaugherty Run Road exit,
• 36:33
  Speaker 1: you choose Air Marino. It's locally owned and operated by
• 36:36
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  Speaker 1: You park there. They take you to the airport. When
• 36:42
  Speaker 1: you land, you get your luggage, and they come and
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  Speaker 1: pick you up and take you right back to your car.
• 36:47
  Speaker 1: It's wonderful service. It's reasonably priced. So if you're going
• 36:50
  Speaker 1: to be flying out of the Pittsburgh airport, park at
• 36:52
  Speaker 1: Air Marino Airport Parking. All right? I'd like to make
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  Speaker 1: you a customer just like we are, and we're very satisfied,
• 36:58
  Speaker 1: and I think you will be as well. NewsRadio 570.
• 37:00
  Speaker 1: Don't you carry on and run. Verb 356 in the afternoon.
• 37:02
  Speaker 14: So..
• 37:06
  Speaker 1: The people who stole all this money, we're not going
• 37:09
  Speaker 1: to get it back. They got away with it. The
• 37:11
  Speaker 1: question is, will they ever be held criminally accountable for it?
• 37:15
  Speaker 1: What do you think?
• 37:17
  Speaker 13: Here's the second thing that people can do. If you
• 37:19
  Speaker 13: know a county prosecutor who is interested in diving into
• 37:23
  Speaker 13: some work, most of these are based out of Franklin, Cuyahoga, Lucas,
• 37:28
  Speaker 13: or Hamilton County. Prosecutors who are not interested in really
• 37:32
  Speaker 13: diving in or in prosecuting Medicaid fraud. But there are
• 37:38
  Speaker 13: other counties where this could actually be done and helping
• 37:42
  Speaker 13: to keep people accountable. I do think you're going to
• 37:46
  Speaker 13: see the vice president come in. They're looking at it
• 37:49
  Speaker 13: from the federal side. I think you're going to see
• 37:51
  Speaker 13: some things, but you're right.
• 37:52
  Speaker 18: Most of these..
• 37:55
  Speaker 13: I'm glad we found it.
• 37:57
  Speaker 1: Yeah, I'm glad you found it, too. But the bottom
• 37:59
  Speaker 1: line is the Somalians have got away with stealing billions
• 38:02
  Speaker 1: of dollars. You'll never get the money back. They got
• 38:06
  Speaker 1: it salted away somewhere, and they'll be living a better
• 38:09
  Speaker 1: lifestyle than the people who have been Ohio residents all
• 38:11
  Speaker 1: their life paying these taxes and making a living. Shouldn't
• 38:17
  Speaker 1: that piss everybody off? Shouldn't there be an outcry from
• 38:20
  Speaker 1: Democrats and Republicans to say, this is criminal?
• 38:25
  Speaker 13: This should be enough for us to radically change the system.
• 38:30
  Speaker 13: I'm asking that people keep the pressure up on members,
• 38:33
  Speaker 13: on the administration, on the governor candidates. We're going to
• 38:37
  Speaker 13: need it because things change in the news cycle all
• 38:40
  Speaker 13: the time. Something else will come up, and we have
• 38:42
  Speaker 13: to keep people focused on this because otherwise... we start
• 38:45
  Speaker 13: making changes, you're going to hear all those folks coming
• 38:47
  Speaker 13: out and saying, no, no, you can't make changes, you
• 38:49
  Speaker 13: can't do this.
• 38:50
  Speaker 1: Right, right, all the nonsense that you've heard. And as
• 38:55
  Speaker 1: I say, I can't imagine. We know that Medicare is
• 38:59
  Speaker 1: on life support. I mean, its longevity is, we're talking
• 39:03
  Speaker 1: about a decade maybe, if that, less than a decade.
• 39:07
  Speaker 1: And how much of that is being stolen by people
• 39:11
  Speaker 1: that aren't getting the services that they're being billed for?
• 39:14
  Speaker 1: or being overbilled for because too many old people don't
• 39:17
  Speaker 1: want to look at their statement and figure out whether
• 39:19
  Speaker 1: or not that charge was legitimate or not, whether it's
• 39:22
  Speaker 1: from a hospital or a nursing home or a doctor's office.
• 39:26
  Speaker 13: Yeah.
• 39:28
  Speaker 6: Hang on.
• 39:29
  Speaker 1: If you've got more to say, I'm going to continue
• 39:31
  Speaker 1: right after the news at 4. Sit tight, all right?
• 39:40
  Speaker 17: From ABC News, I'm Michelle Franzen. Talks in China between
• 39:44
  Speaker 17: President Trump and President Xi lasted for roughly two hours
• 39:47
  Speaker 17: and the war with Iran loomed large on the agenda.
• 39:49
  Speaker 2: The U.S.
• 39:50
  Speaker 17: Signaling it was open for China to help with the
• 39:52
  Speaker 17: reopening of the Strait of Hormuz. ABC's Selena Wang is
• 39:55
  Speaker 17: in Beijing.
• 39:56
  Speaker 9: The U.S.
• 39:57
  Speaker 19: Readout mentioned that both leaders agree the strait needs to
• 40:00
  Speaker 19: be open, that Iran cannot have a nuclear weapon. But
• 40:03
  Speaker 19: we didn't get any of that from the Chinese readout.
• 40:05
  Speaker 19: No mention of the strait or even Iran at all
• 40:08
  Speaker 19: by name, which reflects what experts have been telling me,
• 40:11
  Speaker 19: which is that while Beijing wants this war to end,
• 40:13
  Speaker 19: they see it as America's problem to solve. They don't
• 40:16
  Speaker 19: want to get pulled in too deeply.
• 40:17
  Speaker 17: Americans kept up spending in April, but at a slower pace,
• 40:20
  Speaker 17: according to the latest retail sales report, concerns over the
• 40:23
  Speaker 17: war increasing along with prices on goods. In California, a
• 40:27
  Speaker 17: civil case brought by Elon Musk against OpenAI's Sam Altman
• 40:31
  Speaker 17: is nearing an end. Closing arguments got underway today. ABC
• 40:35
  Speaker 17: legal contributor and Hofstra Law professor James Sample has more.
• 40:39
  Speaker 20: Elon Musk's lawsuit essentially says that Sam Altman and the
• 40:42
  Speaker 20: OpenAI team turned what was supposed to be exclusively or
• 40:47
  Speaker 20: at least primarily a nonprofit into one of the biggest
• 40:50
  Speaker 20: companies in America on a for-profit basis. Sam Altman and
• 40:53
  Speaker 20: the OpenAI team say that Elon Musk is essentially a
• 40:56
  Speaker 20: sour grapes individual who had an opportunity to stay with
• 41:00
  Speaker 20: the company, who himself saw the need for a for-profit model,
• 41:04
  Speaker 20: and who left under really bitter and unpleasant terms.
• 41:08
  Speaker 17: In New Mexico, officials say all four people on board
• 41:11
  Speaker 17: the medical aircraft that crashed earlier today died. They also
• 41:14
  Speaker 17: located the plane in Lincoln County. The cause of that
• 41:17
  Speaker 17: crash remains under investigation. Severe storms targeting parts of the
• 41:22
  Speaker 17: Midwest and South today. Thunderstorms, meantime, in the Rockies in
• 41:25
  Speaker 17: the past 24 hours recorded gale and hurricane force winds
• 41:29
  Speaker 17: in Montana, Idaho, Wyoming, and Utah. A dust storm in
• 41:33
  Speaker 17: Utah caused an eight-vehicle pileup, injuring at least seven people.
• 41:37
  Speaker 17: You're listening to ABC News.
• 41:39
  Speaker 1: Hot summer. News Radio 570 WKBN, 4.07 in the afternoon.
• 41:42
  Speaker 1: It's 55 degrees. It's Thursday, May 14th. Dave Thomas. If
• 41:49
  Speaker 1: you missed the first hour of the program when I
• 41:51
  Speaker 1: was talking to State Rep Dave Thomas, later tonight, go
• 41:54
  Speaker 1: back on the podcast and pick it up. Okay? I mean,
• 41:57
  Speaker 1: if you can figure that out. It doesn't get posted,
• 41:59
  Speaker 1: I think, until the show's over. But I want you
• 42:01
  Speaker 1: to go back and listen to it. You understand when
• 42:05
  Speaker 1: I say to you, David, how frustrating it is. The
• 42:10
  Speaker 1: first thing is I want all Ohioans to know this stuff.
• 42:14
  Speaker 1: I want everyone to know about the strewing that's taking
• 42:17
  Speaker 1: place on Medicaid and how DeWine looked the other way
• 42:21
  Speaker 1: and how people, whether they're Somalians or not, stole billions
• 42:28
  Speaker 1: of dollars over the years. And there seems to be
• 42:33
  Speaker 1: no ramifications for it at all. So they can go
• 42:38
  Speaker 1: drive their BMW and their Mercedes and live a much
• 42:40
  Speaker 1: better lifestyle by stealing this money than a person who's listening,
• 42:45
  Speaker 1: who's retired, who worked all their life and is on
• 42:47
  Speaker 1: Social Security, or the person that's working and could never
• 42:51
  Speaker 1: afford that type of lifestyle. Do you get it?
• 42:54
  Speaker 13: Oh, absolutely. When you pay your taxes... You at the
• 43:01
  Speaker 13: very least expect it to be spent on what you
• 43:03
  Speaker 13: think it should be spent on.
• 43:04
  Speaker 1: I expect some degree of oversight on how the money
• 43:08
  Speaker 1: is being spent. We are paying Keith Faber and the
• 43:12
  Speaker 1: Secretary of Attorney General, I should say. All these people
• 43:18
  Speaker 1: have big, big staffs. They're all paid well. Is it
• 43:22
  Speaker 1: asking too much for them to go actually look at
• 43:24
  Speaker 1: this stuff and pursue this stuff?
• 43:28
  Speaker 12: No.
• 43:30
  Speaker 1: What am I missing here?
• 43:32
  Speaker 13: Oh, you're spot on. And there's been, like I shared,
• 43:36
  Speaker 13: changes in each budget since DeWine's been in office, the
• 43:39
  Speaker 13: legislature's tried, it's vetoed. Had this type of media coverage,
• 43:45
  Speaker 13: this type of frustration, it's just been building and building.
• 43:48
  Speaker 13: Had it been the first year of his term, you
• 43:51
  Speaker 13: would have seen a lot more robustness coming out of
• 43:54
  Speaker 13: the legislature. You would have seen probably him realizing he
• 43:57
  Speaker 13: can't just kind of skate by on it. It's just taken,
• 44:02
  Speaker 13: which is horrible. But starting to realize that in government,
• 44:07
  Speaker 13: crises is what leads to action, not action preventing crises.
• 44:12
  Speaker 13: And this is going to lead to major changes in
• 44:14
  Speaker 13: Medicaid if we can keep the pressure up and if
• 44:18
  Speaker 13: We get a new governor that will actually pursue that.
• 44:21
  Speaker 1: And there shouldn't be ifs on it. This is just
• 44:24
  Speaker 1: stealing and fraud. And we hear about it going on
• 44:26
  Speaker 1: in California. We hear about it in Minnesota. We hear
• 44:29
  Speaker 1: about it in Ohio. I'm sure it's going on in
• 44:32
  Speaker 1: all these states, which is just stealing money. And I
• 44:39
  Speaker 1: don't know where to go with it. So I'll set
• 44:41
  Speaker 1: that aside. What else is going on? What do you have?
• 44:44
  Speaker 1: Any updates on electricity or anything else?
• 44:47
  Speaker 13: I will end on a positive note for you.
• 44:50
  Speaker 2: Oh, really?
• 44:51
  Speaker 1: I thought we just got done with a positive hour.
• 44:55
  Speaker 13: So this morning, I was in Perry, in Lake County,
• 45:00
  Speaker 13: at the Perry Nuclear Power Plant, which is owned by Vistra,
• 45:05
  Speaker 13: which is based out of Texas. And Perry announced that
• 45:10
  Speaker 13: they are expanding their nuclear power plants, increasing the size
• 45:15
  Speaker 13: by roughly 20%. and adding roughly 200 megawatts onto the
• 45:21
  Speaker 13: grid and extending out the life of the nuclear power
• 45:24
  Speaker 13: plant by 20 years to 2066. And what that will
• 45:29
  Speaker 13: mean is that Perry, which is in northeast Ohio in
• 45:33
  Speaker 13: Lake County, will go from the fifth largest power plant
• 45:36
  Speaker 13: in the nation to the number one power plant producing
• 45:41
  Speaker 13: location in the nation after they have this expansion, this
• 45:45
  Speaker 13: growth of their electricity output.
• 45:47
  Speaker 1: Now, with this House Bill 6, if I go back
• 45:51
  Speaker 1: to that just for a second, the taxpayers were helping keep–
• 45:58
  Speaker 1: the money was to help Edison at the time keep
• 46:02
  Speaker 1: nuclear plants open, correct, and coal plants going?
• 46:07
  Speaker 13: In 2019, First Energy said, we're declaring bankruptcy. We're closing Perry.
• 46:11
  Speaker 13: We're closing Davis-Bessey. Unless you, the state, bail us out.
• 46:16
  Speaker 13: and essentially get us back on our feet.
• 46:18
  Speaker 1: Now, Davis-Bessey is nuclear as well?
• 46:20
  Speaker 21: Yes.
• 46:21
  Speaker 1: Now, just correct me if I'm wrong. Oh, great one.
• 46:25
  Speaker 1: Nuclear power is, at the time, and I'm not talking
• 46:29
  Speaker 1: about wind and solar, nuclear power plants, it was one
• 46:32
  Speaker 1: of the most costly operations you can do to produce electricity,
• 46:36
  Speaker 1: and it cost a great deal for the electric it
• 46:39
  Speaker 1: produced at that time. Is that still accurate?
• 46:43
  Speaker 13: So it's much more efficient now.
• 46:45
  Speaker 3: Mm-hmm.
• 46:46
  Speaker 13: One of the reasons, because these plants are already there,
• 46:49
  Speaker 13: to build a new plant, a new large-scale nuclear power
• 46:53
  Speaker 13: plant is extraordinarily expensive because of all the safety pieces.
• 46:57
  Speaker 13: But if you have a current plant that already has
• 46:59
  Speaker 13: all those base costs kind of covered, this was built
• 47:02
  Speaker 13: in 1977, it's actually very cost-affordable now. And the best
• 47:09
  Speaker 13: thing is it's 24-7, 365.
• 47:09
  Speaker 6: Dependable.
• 47:10
  Speaker 13: Base load power. We actually saw... all of the fuel
• 47:17
  Speaker 13: that they have used over the past 45 years is
• 47:21
  Speaker 13: still on site. We actually physically saw it. It's smaller than,
• 47:26
  Speaker 13: you know, a 50-yard line. From the goalpost 50-yard line,
• 47:31
  Speaker 13: it's difficult to describe how it's stored, but in big
• 47:35
  Speaker 13: concrete kind of tubes, 40 years, every year powering over
• 47:40
  Speaker 13: a million homes from this one plant, The fuel that
• 47:44
  Speaker 13: was used for that, smaller than that, much of a footprint.
• 47:47
  Speaker 13: It shows how efficient and how easy it is in
• 47:50
  Speaker 13: a sense. But House Bill 6, that was the corrupt
• 47:55
  Speaker 13: House bill with the former, former speaker. He's still in prison.
• 47:59
  Speaker 13: We have repealed House Bill 6. Part of why we did, clearly,
• 48:05
  Speaker 13: Perry actually is super successful. They're expanding their grilling, not
• 48:09
  Speaker 13: because of the bailout, but because... a private company actually
• 48:12
  Speaker 13: bought them and turned them around. It is now putting
• 48:16
  Speaker 13: more electrons onto the grid, which is a huge success story.
• 48:21
  Speaker 1: So it did need supplementation to keep it open?
• 48:25
  Speaker 13: No, that was a first energy accounting ploy, which is
• 48:29
  Speaker 13: why the first energy execs are going to prison.
• 48:31
  Speaker 1: Did they use that also on coal?
• 48:33
  Speaker 13: There were several coal plants, one in Indiana, and one
• 48:39
  Speaker 13: in southeast Ohio that also were subsidized. Not needed, but
• 48:47
  Speaker 13: that was part of the big deal, was if you're
• 48:49
  Speaker 13: going to subsidize nuclear, you subsidize coal. We repealed those subsidies.
• 48:55
  Speaker 13: Those plants are doing perfectly good. There's no need for subsidy.
• 48:58
  Speaker 13: First Energy did accounting toys with that as well.
• 49:02
  Speaker 1: And is it the... rule that if you build a
• 49:10
  Speaker 1: data center, you have to provide the power for it?
• 49:13
  Speaker 1: It can't go on a grid in Ohio?
• 49:15
  Speaker 13: So as of today, no. You don't require that you
• 49:19
  Speaker 13: build your own power. We have now allowed it. Previous
• 49:23
  Speaker 13: to House Bill 15 that passed last year, you could not. Today, though,
• 49:28
  Speaker 13: we allow you and encourage you. We actually expedite, make
• 49:31
  Speaker 13: it faster to permit, make it much simpler to build
• 49:35
  Speaker 13: if you have your own power. So that way you're
• 49:38
  Speaker 13: not taking from the grid.
• 49:40
  Speaker 1: Well, the grid can't support a bunch of data centers,
• 49:44
  Speaker 1: can it?
• 49:45
  Speaker 9: Right.
• 49:45
  Speaker 13: We're at that kind of tip. If we keep adding
• 49:50
  Speaker 13: more and more without adding new power onto the grid,
• 49:53
  Speaker 13: power plants, degeneration, exactly. We're right close to that kind
• 49:58
  Speaker 13: of breaking point. The House and Senate two days ago
• 50:05
  Speaker 13: announced the formation of a six-member kind of body to
• 50:10
  Speaker 13: have committee hearings, proposed legislation by June 10th that will
• 50:16
  Speaker 13: essentially give kind of a standardized, here's what we want
• 50:20
  Speaker 13: to see when a data center comes in across the state.
• 50:22
  Speaker 1: Including not being on the grid and shifting the cost
• 50:26
  Speaker 1: to the regular electric users, provide your own electricity. I mean,
• 50:31
  Speaker 1: I'm all for data centers, but power it yourself.
• 50:36
  Speaker 13: And that's actually what part of this PERI expansion is.
• 50:40
  Speaker 13: Meta essentially worked with them to help offset some of
• 50:43
  Speaker 13: their data center higher kind of load needs across the state.
• 50:50
  Speaker 13: And that's exactly what we want to see. It's not
• 50:53
  Speaker 13: a shifting over to the customers, but actually the data
• 50:57
  Speaker 13: centers paying their own way and sharing their own costs,
• 51:02
  Speaker 13: which is what should be happening. They can afford it.
• 51:06
  Speaker 13: My hospital, 706... essentially mandates that, that they can't be
• 51:11
  Speaker 13: sharing their costs onto others. Next question, I have a
• 51:14
  Speaker 13: House Bill 833 that allows them to do this kind
• 51:17
  Speaker 13: of virtually so that you don't have to build it
• 51:19
  Speaker 13: right on site, but you can build it somewhere else
• 51:21
  Speaker 13: in the state. It still counts. We have to be
• 51:24
  Speaker 13: adding even more electrons on, but at the very least,
• 51:26
  Speaker 13: we should be offsetting if there's data center coming in.
• 51:30
  Speaker 13: But that was a huge announcement this morning, something that
• 51:33
  Speaker 13: we're seeing more of across the state, more power being
• 51:35
  Speaker 13: put on the grid. And just that stabilizing the electrons is..
• 51:39
  Speaker 1: I'm trying to make sense of this email. Ask him
• 51:42
  Speaker 1: why they are not finishing unit number two at Perry.
• 51:46
  Speaker 13: Great question. That is the wrong question I usually get.
• 51:50
  Speaker 1: Well, no, explain the question to me.
• 51:53
  Speaker 13: So Perry Nuclear Power Plant was built in 1977. It
• 51:57
  Speaker 13: was built with two reactors. So when you have a
• 52:00
  Speaker 13: power plant, whether it's coal, natural gas, nuclear, what actually
• 52:04
  Speaker 13: is the power... is some heating source, boiling water, creating steam,
• 52:11
  Speaker 13: and that steam turning a turbine, which creates a generator,
• 52:15
  Speaker 13: which is the electrons. And so at PERI, the heat
• 52:20
  Speaker 13: source is the nuclear fission. It created two reactors, reactor
• 52:26
  Speaker 13: one and reactor two, two turbines, two generators, that have
• 52:30
  Speaker 13: even more electricity on. They finished reactor one, Back, I
• 52:35
  Speaker 13: want to say in the early 80s. They were roughly
• 52:37
  Speaker 13: 40 to 50% done with Reactor 2. Early 1980s, price
• 52:42
  Speaker 13: of power dropped. It was no longer financially feasible. Generation dropped,
• 52:47
  Speaker 13: and they stopped. Unfortunately, what they've been doing since the
• 52:52
  Speaker 13: 1980s is actually taking equipment or materials from Reactor 2
• 52:58
  Speaker 13: when things in Reactor 1 break. And so Reactor 2
• 53:02
  Speaker 13: now is... The building is still there, but nothing else
• 53:06
  Speaker 13: is actually inside. It's essentially empty. So there's no other
• 53:09
  Speaker 13: reactor there. But they are going to be able to
• 53:12
  Speaker 13: do what they mentioned today. There are things called small
• 53:16
  Speaker 13: modular reactors. These are almost considered the mini nuclear power plants.
• 53:23
  Speaker 13: These are what's now financially feasible. Big nuclear power plants
• 53:27
  Speaker 13: are not financially cost-effective anymore. But smaller ones now are.
• 53:32
  Speaker 13: What we can do now at PERI, instead of essentially
• 53:35
  Speaker 13: building brand new a second reactor, which would financially never work,
• 53:39
  Speaker 13: we can actually have these small nuclear reactors in place
• 53:43
  Speaker 13: of that. What we'll be seeing, not as part of
• 53:47
  Speaker 13: this expansion they now say, but there's even the ability
• 53:50
  Speaker 13: for more growth there.
• 53:53
  Speaker 1: So are they talking about doing that then where number
• 53:55
  Speaker 1: two is?
• 53:57
  Speaker 5: Yes.
• 53:57
  Speaker 13: They mentioned that there's actually room at PERI for more reactors,
• 54:02
  Speaker 13: more small nuclear SMRs. But reactor two is essentially just
• 54:09
  Speaker 13: a hollow pressure.
• 54:11
  Speaker 1: Right, but they're going to do something with it with
• 54:12
  Speaker 1: a smaller reactor, correct?
• 54:14
  Speaker 13: Yes, that's their plan, yeah.
• 54:16
  Speaker 1: All right, and as you talk about all this, this
• 54:19
  Speaker 1: stuff takes years. I mean, when do you anticipate some
• 54:24
  Speaker 1: of this easing the burden as far as the market
• 54:26
  Speaker 1: for electricity costs?
• 54:30
  Speaker 13: Some of the natural gas plants that have already been
• 54:33
  Speaker 13: permitted late last year, those are already underway. Those are
• 54:38
  Speaker 13: probably a two- to three-year timeframe. Some of the data
• 54:43
  Speaker 13: centers are being built now. Their smaller power plants are
• 54:47
  Speaker 13: actually able to either help put a little bit on
• 54:50
  Speaker 13: the grid and power the data center. Those are able
• 54:53
  Speaker 13: to be faster, maybe a year, year and a half.
• 54:56
  Speaker 13: The nuclear expansion at Perry, for example, that's longer. That's
• 55:00
  Speaker 13: probably more like a five-year, if I remember correctly, five-year process.
• 55:04
  Speaker 13: So we are looking out a couple of years for
• 55:07
  Speaker 13: any of these large numbers of electrons to be on
• 55:09
  Speaker 13: the grid.
• 55:11
  Speaker 1: All right. Any other good news or bad news I
• 55:13
  Speaker 1: need to know about?
• 55:16
  Speaker 13: I am just about in Marietta, Ohio. It is sunny,
• 55:19
  Speaker 13: nice down here. It's only 61, though.
• 55:22
  Speaker 1: It's going to be 90 Monday.
• 55:23
  Speaker 13: All right.
• 55:25
  Speaker 1: I mean, it's... Well, that went over, so... So, I mean,
• 55:32
  Speaker 1: that's what's going on so far, right?
• 55:36
  Speaker 13: Yes, that's what happened today. We just got back from
• 55:39
  Speaker 13: a recess from April this past week. You'll see us
• 55:43
  Speaker 13: in session again next week, a couple more times before
• 55:46
  Speaker 13: July 1st. The speaker announced that he wants actual legislation
• 55:51
  Speaker 13: on the Medicaid side. We're going to have more legislation
• 55:54
  Speaker 13: on the data center side, hoping for some of the
• 55:57
  Speaker 13: tax things as well. We had a big push, and
• 56:00
  Speaker 13: the president, I think, is supporting this. The easing of
• 56:04
  Speaker 13: the gas tax, while the gas prices are as high
• 56:07
  Speaker 13: as they are, I'm not sure how that's going to
• 56:09
  Speaker 13: actually play out on that bill as well. So you're
• 56:13
  Speaker 13: going to see, I think, a lot of activity here
• 56:14
  Speaker 13: in May and June out of Columbus.
• 56:17
  Speaker 1: Thank you, Governor. I was just trying the title out.
• 56:20
  Speaker 1: I just wanted to see if you felt comfortable with it.
• 56:23
  Speaker 3: I do not.
• 56:23
  Speaker 1: All right. State Rep. Dave Thomas. Hardest working state rep
• 56:28
  Speaker 1: I've been around in 41 years. He's doing a terrific job.
• 56:31
  Speaker 1: He's informing all of us. He's fighting for all of us.
• 56:34
  Speaker 1: And he's, I bet in all your lives, you can't
• 56:38
  Speaker 1: think anybody working harder than Dave Thomas. I'm a big fan.
• 56:41
  Speaker 1: Thank you, Dave.
• 56:42
  Speaker 3: Thank you.
• 56:43
  Speaker 13: Have a good day.
• 56:43
  Speaker 1: Appreciate it. Back after this, NewsRadio 570 WQEN and Ron Ferb.
• 56:48
  Speaker 1: Stay tuned. More to come.
• 56:49
  Speaker 15: Blacktown's News, Weather, and Talk Station, 570 WKBN.
• 56:55
  Speaker 1: Is that guy not doing a great job? I mean,
• 56:57
  Speaker 1: as I sit here at 425 in the afternoon, and
• 57:01
  Speaker 1: you and I can bellyache about politicians that have, for
• 57:04
  Speaker 1: the most part, been a disappointment. As I've said to
• 57:06
  Speaker 1: you over the years, and I ask you to think
• 57:08
  Speaker 1: about it, other than collective paycheck, can you think of
• 57:11
  Speaker 1: anything most of these politicians have done for you? Let
• 57:14
  Speaker 1: me repeat that because I want to make sure that
• 57:16
  Speaker 1: sits in that mind of yours. Other than collective paycheck,
• 57:19
  Speaker 1: can you think of anything these politicians have done for you?
• 57:25
  Speaker 1: Moment went over. Well, you're seeing stuff get done by
• 57:30
  Speaker 1: Dave Thomas. He's benefiting this entire community. He is the
• 57:35
  Speaker 1: hardest working state rep that I've seen in my 41
• 57:38
  Speaker 1: years sitting at this radio station. He's aided, obviously, by
• 57:42
  Speaker 1: Tex Fisher, who's Who's helping him? I mean, the Republicans
• 57:48
  Speaker 1: from our community are really doing a good job. And
• 57:52
  Speaker 1: a lot of the Republicans in Columbus are doing a
• 57:55
  Speaker 1: good job to make a lot of this stuff happen.
• 57:57
  Speaker 1: What a major disappointment Mike DeWine is. What an absolute
• 58:01
  Speaker 1: major disappointment Mike DeWine is. And when you hear about
• 58:06
  Speaker 1: this fraud and just his lack of action, that kind
• 58:09
  Speaker 1: of stuff, it's hard to tell the difference between him
• 58:11
  Speaker 1: and Tampon Tim on that kind of stuff. So I
• 58:15
  Speaker 1: hope I make sense to you guys when I say
• 58:17
  Speaker 1: it's very frustrating for me to sit here and listen
• 58:20
  Speaker 1: to these Somalians or other people that come to this
• 58:23
  Speaker 1: country and are able to just set up these fake businesses.
• 58:30
  Speaker 1: You know, maybe I should open up Ron's hospice house,
• 58:34
  Speaker 1: Ron's leering center, Ron's transportation center. And they open up
• 58:41
  Speaker 1: these fake storefronts and they steal millions and billions of
• 58:45
  Speaker 1: dollars over the years. They're not providing any services. No
• 58:50
  Speaker 1: one goes and checks up. So they're living a lifestyle
• 58:55
  Speaker 1: of which you will never be able to enjoy yourself.
• 58:58
  Speaker 1: You just go to work and pay your taxes and
• 59:00
  Speaker 1: eke out a living. Well, they're screwing a system and
• 59:03
  Speaker 1: no one's checking on it. And they're living a better
• 59:05
  Speaker 1: lifestyle than you will if you live to 10 years
• 59:09
  Speaker 1: or longer. 10 times over. It's ridiculous. And they get
• 59:16
  Speaker 1: away with it. And you'll never get the money back
• 59:20
  Speaker 1: because that's gone. We'll see if anybody ever goes to
• 59:23
  Speaker 1: prison for it. Yet if you step out of line
• 59:27
  Speaker 1: somehow and say, whatever, you screw up on your tax
• 59:31
  Speaker 1: return or something, we'll hassle the living hell out of you.
• 59:34
  Speaker 1: I mean, how does this make a lick of sense?
• 59:37
  Speaker 1: My friend said to me, as I've said to you before,
• 59:39
  Speaker 1: he said, it is so discouraging when you see all
• 59:42
  Speaker 1: the fraud going on that Elon Musk was exposing that's
• 59:44
  Speaker 1: still going on and continues to go on. And then
• 59:48
  Speaker 1: you hear about this in the States with Medicaid, and
• 59:51
  Speaker 1: you know what's going on with Medicare. It makes it
• 59:54
  Speaker 1: difficult on April 15th to file and pay your taxes
• 59:57
  Speaker 1: and do the right thing because you know so much
• 59:59
  Speaker 1: of your money is being stolen and swindled and wasted.
• 1:00:04
  Speaker 1: And it's your money and it's being taken from you
• 1:00:06
  Speaker 1: and it makes it harder for you to enjoy your
• 1:00:09
  Speaker 1: life and survive. And that's why I say even look
• 1:00:14
  Speaker 1: on a local level with these commissioners in Mahoning and
• 1:00:16
  Speaker 1: Trumbull County all making the arguments that with this big
• 1:00:19
  Speaker 1: increase that they gave you on, not gave you, that
• 1:00:22
  Speaker 1: we had with the reappraisals, and there's reappraisals going on now,
• 1:00:25
  Speaker 1: there'll be another increase, but we're not able to give
• 1:00:27
  Speaker 1: you even a small portion of that big increase back.
• 1:00:30
  Speaker 1: It's more important that we keep it all and you
• 1:00:32
  Speaker 1: struggle because we got all these people to take care of.
• 1:00:36
  Speaker 1: As opposed to saying, where's personal responsibility? When did it
• 1:00:38
  Speaker 1: become the government's responsibility to take care of everybody and everything? Oh,
• 1:00:43
  Speaker 1: we've got to have a senior level. We've got to
• 1:00:44
  Speaker 1: take care of seniors who fail to prepare and all
• 1:00:46
  Speaker 1: this kind of stuff. It's craziness. It's so out of control.
• 1:00:50
  Speaker 1: It's beyond belief. Back with your calls right after this.
• 1:00:55
  Speaker 15: News Radio 570 WKVN.
• 1:00:58
  Speaker 1: And we're back. News Radio 570 WKVN. Ron Verb, let's
• 1:01:01
  Speaker 1: take some calls. You're on the air.
• 1:01:05
  Speaker 6: Good afternoon, sir. I like the way you ended that call,
• 1:01:09
  Speaker 6: referring to Dave Thomas as governor. I would like to
• 1:01:12
  Speaker 6: see that happen.
• 1:01:13
  Speaker 1: Oh, I would. He is genuinely, like I say, the
• 1:01:18
  Speaker 1: title I would like to give him is one that's deserved.
• 1:01:21
  Speaker 1: He is a public servant. He is a guy that's
• 1:01:24
  Speaker 1: working as a servant to the public, trying to make
• 1:01:27
  Speaker 1: your life so much better in every aspect of it.
• 1:01:30
  Speaker 1: I have such respect for what he's doing, and he's
• 1:01:33
  Speaker 1: such a rarity. He's so rare.
• 1:01:36
  Speaker 6: Yeah, and I think he's right. I think if we
• 1:01:38
  Speaker 6: get Vivek in there and we can get rid of Mr. DeWine,
• 1:01:42
  Speaker 6: that disaster, I think it would be a huge improvement.
• 1:01:45
  Speaker 6: Look at all the things that he passed last year
• 1:01:48
  Speaker 6: that DeWine went and line-item vetoed.
• 1:01:51
  Speaker 1: I can only hope that when we talk about the
• 1:01:53
  Speaker 1: fear of everything AI, one thing that AI should be
• 1:01:57
  Speaker 1: able to do is monitor all of this fraud so
• 1:02:00
  Speaker 1: much better than what's being done now. But I also
• 1:02:03
  Speaker 1: would like to say it's a huge disappointment with the
• 1:02:05
  Speaker 1: fraud going on in Ohio that all these people in
• 1:02:08
  Speaker 1: these other offices weren't on top of it as well.
• 1:02:11
  Speaker 1: I mean, it's just they're all making a good salary.
• 1:02:14
  Speaker 1: It's just blatant incompetence to me that you could have
• 1:02:18
  Speaker 1: this going on. I mean, I can't see much difference
• 1:02:21
  Speaker 1: between DeWine and Tamp on Tim.
• 1:02:24
  Speaker 6: Oh, no, there really isn't, other than supposedly the party,
• 1:02:27
  Speaker 6: although I don't even understand how DeWine can call himself
• 1:02:30
  Speaker 6: a Republican after what he did the other day when
• 1:02:33
  Speaker 6: he had a chance to appoint basically every person that's
• 1:02:37
  Speaker 6: running in the primary. He would have appointed Yost's replacement,
• 1:02:43
  Speaker 6: the man that won, I can't remember what his name is,
• 1:02:45
  Speaker 6: that won the Republican primary. Right.
• 1:02:47
  Speaker 2: But that would have..
• 1:02:49
  Speaker 6: Snowballed down the line and he would have been able
• 1:02:51
  Speaker 6: to appoint every person that's running and made them an incumbent.
• 1:02:54
  Speaker 1: And why wouldn't you do that?
• 1:02:57
  Speaker 6: It's not fair.
• 1:02:59
  Speaker 1: It makes perfect sense.
• 1:03:00
  Speaker 6: They never play fair.
• 1:03:01
  Speaker 1: It just makes perfect sense. I mean, why put an
• 1:03:05
  Speaker 1: intermediary in there? Why don't you just put the person
• 1:03:07
  Speaker 1: in that's your party's nominee for that position because you
• 1:03:11
  Speaker 1: have the opportunity to do so? It's just stupid. I mean,
• 1:03:14
  Speaker 1: it's just so damn dumb on his part.
• 1:03:18
  Speaker 6: He's just such a disappointment. I mean, I voted for
• 1:03:22
  Speaker 6: him two years ago, three years ago, whatever it was,
• 1:03:26
  Speaker 6: because I couldn't pull the trigger on a Democrat. I
• 1:03:28
  Speaker 6: just can't. But he's really not much better.
• 1:03:32
  Speaker 1: Right, and listen, I'll be the first to say there's
• 1:03:35
  Speaker 1: plenty of lousy Republicans on the federal level, local level,
• 1:03:39
  Speaker 1: and state level.
• 1:03:41
  Speaker 6: And I think we, you know, I've always said that
• 1:03:43
  Speaker 6: Ohio Medicaid is just, The corruption there is just rampant.
• 1:03:48
  Speaker 6: It's disgusting. But I think the other thing they need
• 1:03:51
  Speaker 6: to look at is education, because especially with that autism thing,
• 1:03:54
  Speaker 6: I was in a school board meeting, I think it
• 1:03:57
  Speaker 6: was about a year ago, and they were talking about
• 1:03:59
  Speaker 6: how the state has mandated preschool for kids that are
• 1:04:05
  Speaker 6: identified with a learning disability. Most of it is autism.
• 1:04:09
  Speaker 6: So before you're even in the school system, they are
• 1:04:13
  Speaker 6: required to service a kid who I think is young
• 1:04:17
  Speaker 6: as two, who could have autism, I believe the cost
• 1:04:22
  Speaker 6: to the school district was $ 22, 000 per student.
• 1:04:27
  Speaker 1: My problem with that is, and here's just my thoughts,
• 1:04:31
  Speaker 1: we are at a point where, I hate to say
• 1:04:34
  Speaker 1: this to all of you, where there's a financial incentive
• 1:04:38
  Speaker 1: for a lot of these places to target somebody in
• 1:04:42
  Speaker 1: that fashion because it becomes a lot of money that
• 1:04:45
  Speaker 1: the entity can make. Somewhere along the line, something has
• 1:04:49
  Speaker 1: gone terribly wrong in our society. Everything is, and I
• 1:04:53
  Speaker 1: do mean everything, has gotten so damn expensive we can't
• 1:04:56
  Speaker 1: get anything done. It's gotten so expensive to lay down
• 1:05:00
  Speaker 1: roads and infrastructure and fix it. The cost is astronomical.
• 1:05:05
  Speaker 1: It's so expensive to to build anything today. I mean,
• 1:05:10
  Speaker 1: everything is just out of control. And as time goes on,
• 1:05:13
  Speaker 1: more and more unaffordable. And so even to fix and
• 1:05:17
  Speaker 1: maintain things. And now I just look at this and
• 1:05:25
  Speaker 1: I'm having this thought and I share this with you, Rich.
• 1:05:27
  Speaker 1: I used to be the guy, folks, and I'll just
• 1:05:30
  Speaker 1: confess it to you. I used to think, what difference
• 1:05:32
  Speaker 1: does one judge make from the other that a judge
• 1:05:35
  Speaker 1: is going to sit there and hear your case and
• 1:05:37
  Speaker 1: rule on the law, right? I mean, that used to
• 1:05:40
  Speaker 1: be my concept of judges. So it really doesn't matter
• 1:05:44
  Speaker 1: what political party they're with or anything because they're going
• 1:05:47
  Speaker 1: to sit there, hear the case, and rule on the law.
• 1:05:50
  Speaker 1: And boy, was I naive because you come to find
• 1:05:53
  Speaker 1: out by looking at how some of these judges rule
• 1:05:57
  Speaker 1: based on their politics and their liberalness by– such light
• 1:06:03
  Speaker 1: sentences to violent criminals and all, and all types of criminals.
• 1:06:08
  Speaker 6: I mean, the judge that's, that's prosecuted, that's in charge
• 1:06:11
  Speaker 6: of the case with the shooter that down in DC
• 1:06:14
  Speaker 6: at that, uh, at the, uh, press, uh, yeah, that
• 1:06:18
  Speaker 6: they were at, he apologized, apologizing, apologizing to the perpetrator
• 1:06:23
  Speaker 6: for the.
• 1:06:24
  Speaker 16: Way he was being treated.
• 1:06:25
  Speaker 1: I mean, it is just now in my life. I mean,
• 1:06:27
  Speaker 1: I got to tell you guys, I can never remember this, uh,
• 1:06:33
  Speaker 1: happening when I was younger. I can never ever remember
• 1:06:39
  Speaker 1: judges acting like this when I was younger. This is
• 1:06:43
  Speaker 1: relatively a new thing, certainly brought to my attention in
• 1:06:46
  Speaker 1: the last 10 or 15 years maybe, when these judges
• 1:06:49
  Speaker 1: became activists or political or this totally bizarre philosophy. So
• 1:06:56
  Speaker 1: now you come to realize there's a big difference between
• 1:06:59
  Speaker 1: judges And do you remember where they wanted to fight
• 1:07:03
  Speaker 1: being able to put on? Are you a Republican or
• 1:07:05
  Speaker 1: Democrat when it comes to a judge's race to identify
• 1:07:08
  Speaker 1: what party you're with? And I think you should be
• 1:07:10
  Speaker 1: identified with what party you're with. And the Democrats are
• 1:07:13
  Speaker 1: the ones that are trying to fight it. The Democrats
• 1:07:16
  Speaker 1: are the ones that don't want you to be identified
• 1:07:18
  Speaker 1: by a political party and a judge. judicial race, and
• 1:07:21
  Speaker 1: I'm totally opposed to that.
• 1:07:22
  Speaker 6: I know last year, that was another thing that the
• 1:07:25
  Speaker 6: Republicans passed last year. It was going to be at
• 1:07:27
  Speaker 6: least for school board races. They were going to allow
• 1:07:29
  Speaker 6: you to put your party affiliation for school board races.
• 1:07:33
  Speaker 6: And in summer of last year, guess who? Wine Item
• 1:07:36
  Speaker 6: vetoed it again. Governor DeWine, he's... I don't want to
• 1:07:44
  Speaker 6: say anything.
• 1:07:44
  Speaker 1: I mean, he's a lame duck, and thank God for that.
• 1:07:48
  Speaker 1: But But I mean, that's the reality when it comes
• 1:07:51
  Speaker 1: to these. When I look at these judges today and
• 1:07:56
  Speaker 1: it reminds me just a lot.
• 1:07:57
  Speaker 6: It coincides, though, with it's the it's the it coincides
• 1:08:02
  Speaker 6: with the destruction of the Democrat Party or the way
• 1:08:05
  Speaker 6: it's been taken over by the left. Because the Democrat Party,
• 1:08:09
  Speaker 6: you and I were both Democrats at one point in
• 1:08:11
  Speaker 6: our lives, and the party at that time was sane.
• 1:08:14
  Speaker 1: The party changed to the far... Right, and the Republican
• 1:08:17
  Speaker 1: Party changed. When I hear people say this kind of stuff, listen,
• 1:08:21
  Speaker 1: the Republican Party used to be the party of the
• 1:08:22
  Speaker 1: business snob guy, the rich, the elitist, the snob person.
• 1:08:27
  Speaker 1: And now the Republican Party has become the party of
• 1:08:30
  Speaker 1: the working person and the successful person as well as
• 1:08:34
  Speaker 1: the working, I would say, the productive people. It's become
• 1:08:36
  Speaker 1: the party of the productive taxpaying people. The Democrat Party
• 1:08:40
  Speaker 1: has become the party of the oddballs and the weirdos
• 1:08:43
  Speaker 1: and the people that are sponging off the system. That's
• 1:08:46
  Speaker 1: where that party has gone. So that's why you see
• 1:08:49
  Speaker 1: people leaving that party, coming to the Republican Party and
• 1:08:55
  Speaker 1: And so you can just see the change in the
• 1:08:58
  Speaker 1: parties and the change in people and And I don't
• 1:09:00
  Speaker 1: know why anybody would be a member of the Democrat Party.
• 1:09:04
  Speaker 1: I just don't get it.
• 1:09:07
  Speaker 2: You know why?
• 1:09:08
  Speaker 6: It's the party of the freebies for freeloaders. If you're
• 1:09:11
  Speaker 6: on the government dole, if you're sucking at the government teats,
• 1:09:14
  Speaker 6: you're going to vote Democrat because they're the ones that
• 1:09:17
  Speaker 6: promote that. They're the ones that want that to keep.
• 1:09:19
  Speaker 6: They not only want it to stay where it's at,
• 1:09:20
  Speaker 6: they want to grow it. They want more people addicted
• 1:09:23
  Speaker 6: to the government. So that's where the support comes from.
• 1:09:25
  Speaker 1: But how much more can you afford? Where are you
• 1:09:27
  Speaker 1: going to get the money?
• 1:09:30
  Speaker 6: Well, like Maggie Thatcher said, socialism is a wonderful system
• 1:09:33
  Speaker 6: if you run out of other people's money.
• 1:09:36
  Speaker 9: Right.
• 1:09:36
  Speaker 1: I mean, that's... That's pretty much where we are when
• 1:09:39
  Speaker 1: you look at all of this kind of stuff that's
• 1:09:41
  Speaker 1: going on. And you look at DeWine, I mean, just
• 1:09:44
  Speaker 1: because somebody's a Republican doesn't necessarily mean they do a
• 1:09:47
  Speaker 1: great job either, and DeWine's a shining example of that.
• 1:09:52
  Speaker 6: Yeah, and as much as I didn't like Mitt Romney,
• 1:09:55
  Speaker 6: he was right when he was talking. He said, what,
• 1:09:57
  Speaker 6: back then it was, I think, 48% of the country
• 1:09:58
  Speaker 6: got excoriated for saying 48% of the country excoriated was
• 1:10:03
  Speaker 6: sucking off the government. Well, it's well north of that now.
• 1:10:06
  Speaker 6: I'd say it's closer to probably 55%, 60%.
• 1:10:09
  Speaker 1: If I go back, I've been on talk radio a long,
• 1:10:12
  Speaker 1: long time. If I go back to the earlier days,
• 1:10:16
  Speaker 1: even before I was at this radio station, I can
• 1:10:18
  Speaker 1: remember people calling me at that time. So think how
• 1:10:21
  Speaker 1: long ago. I've been here 41 years, so it's beyond
• 1:10:23
  Speaker 1: 41 years. They used to be, call them John Birchers.
• 1:10:27
  Speaker 1: You ever hear that term, John Birchers, and that kind
• 1:10:29
  Speaker 1: of stuff? I can remember those people calling me at
• 1:10:32
  Speaker 1: that time saying, You will see a gigantic change when
• 1:10:37
  Speaker 1: the people benefiting from the government outweighs the people paying
• 1:10:42
  Speaker 1: the taxes and the shift you'll see when it comes
• 1:10:44
  Speaker 1: to voting as a result of it. They were warning
• 1:10:47
  Speaker 1: me about that, what, 50 years ago or 45 years ago.
• 1:10:51
  Speaker 1: They were talking about how the equations, when you got
• 1:10:54
  Speaker 1: more people on the take than you do pay and
• 1:10:57
  Speaker 1: then they do all the voting and you get screwed.
• 1:11:00
  Speaker 1: And they were right. And that's what's happening.
• 1:11:03
  Speaker 6: They say republics typically fail because the politicians figure out
• 1:11:07
  Speaker 6: they can keep voting pay raises and benefits for the
• 1:11:11
  Speaker 6: people until they basically bankrupt the republic. And that's where
• 1:11:13
  Speaker 6: we're headed.
• 1:11:16
  Speaker 1: Well, unfortunately, I think that's true. Far too much of
• 1:11:18
  Speaker 1: your money is taken from you in all forms of
• 1:11:20
  Speaker 1: taxes and basically just totally pissed away. The percentage is
• 1:11:25
  Speaker 1: too large. It's being wasted. And how long can that
• 1:11:29
  Speaker 1: go on? That's all I'm asking. How long?
• 1:11:32
  Speaker 6: But even as much as they take and confiscate of
• 1:11:35
  Speaker 6: our wealth, they're borrowing 50%, at least 50% more than
• 1:11:41
  Speaker 6: they're taking. And adding that on, and then we have
• 1:11:43
  Speaker 6: to pay the interest on it. The debt is probably
• 1:11:47
  Speaker 6: the biggest issue facing the country by far, and nobody's
• 1:11:51
  Speaker 6: paying attention to it because it really doesn't affect them
• 1:11:54
  Speaker 6: in a meaningful way yet. But that meaningful way is coming,
• 1:11:58
  Speaker 6: and it's coming very soon.
• 1:11:59
  Speaker 1: Well, it would be devastating. But I can assure you
• 1:12:02
  Speaker 1: it won't affect those people that caused the problems and
• 1:12:05
  Speaker 1: got their government pensions. They'll be just fine. Their pensions
• 1:12:09
  Speaker 1: will be just fine or their retirements will be just fine.
• 1:12:11
  Speaker 1: But everyone else on Medicare or Social Security has something
• 1:12:15
  Speaker 1: to worry about at that point in time. And therein
• 1:12:18
  Speaker 1: lies the problem.
• 1:12:21
  Speaker 6: The freebie crowd will always be fine. They will be
• 1:12:23
  Speaker 6: taken care of while the rest of us, the people
• 1:12:26
  Speaker 6: that are the makers, will continue to get screwed by
• 1:12:30
  Speaker 6: our elected officials.
• 1:12:32
  Speaker 1: It's deeply disturbing and deeply troubling to me. I mean,
• 1:12:36
  Speaker 1: it really is. And I hate to dwell on it
• 1:12:40
  Speaker 1: too much because it can... But it's important for people
• 1:12:43
  Speaker 1: to know. I mean, when you listen to Dave Thomas
• 1:12:46
  Speaker 1: that first hour and a half of the program, you
• 1:12:47
  Speaker 1: can learn so much of what's going on. as far
• 1:12:50
  Speaker 1: as what's happening with electricity and the power plants and everything,
• 1:12:53
  Speaker 1: but you also on a positive note, but you also
• 1:12:56
  Speaker 1: learn about the fraud and what's going on with that
• 1:12:57
  Speaker 1: kind of stuff. So he's an important guy. That's why
• 1:13:01
  Speaker 1: I have him on so regularly because he's an important
• 1:13:03
  Speaker 1: guy to learn from and listen to.
• 1:13:06
  Speaker 6: He needs to, we need to elevate his position though,
• 1:13:09
  Speaker 6: over the next couple of years, we really, he should
• 1:13:11
  Speaker 6: really be encouraged to run for a higher office.
• 1:13:15
  Speaker 1: I would, I would agree with that. I mean, I
• 1:13:17
  Speaker 1: would completely and, And totally agree with that. Completely and
• 1:13:23
  Speaker 1: totally agree with that.
• 1:13:24
  Speaker 2: He's a young guy.
• 1:13:26
  Speaker 6: I think he has a very bright future ahead of him.
• 1:13:29
  Speaker 6: Because he's doing what every politician should do, serving the people.
• 1:13:35
  Speaker 1: I hope I'm around long enough to see that happen.
• 1:13:37
  Speaker 1: I really am. You give me great joy as I
• 1:13:41
  Speaker 1: get older. Thank you for your time. Appreciate it. You're
• 1:13:44
  Speaker 1: on the air.
• 1:13:45
  Speaker 16: You're not old, Ron. You're not old, Ron.
• 1:13:50
  Speaker 1: All right. Not yet.
• 1:13:56
  Speaker 16: I don't know what to say about what.
• 1:14:00
  Speaker 12: Go ahead.
• 1:14:05
  Speaker 16: You have very important people on your station. You know,
• 1:14:10
  Speaker 16: if we literally took out federal income tax. And I
• 1:14:16
  Speaker 16: don't want to hear about the fire, the police, or
• 1:14:19
  Speaker 16: anything else like that.
• 1:14:20
  Speaker 1: Well, that has nothing to do with federal income tax.
• 1:14:23
  Speaker 16: Well, okay then. Even better. Why do we have to
• 1:14:28
  Speaker 16: pay federal income tax for people that are in Congress
• 1:14:33
  Speaker 16: and Senate to exploit us and do all kinds of fraud?
• 1:14:43
  Speaker 16: Why are we paying for something that they know is
• 1:14:46
  Speaker 16: a fraudulent front under the banner of who knows what
• 1:14:53
  Speaker 16: flag they fall under? Can you tell me with a
• 1:14:58
  Speaker 16: certainty that every one of your tax dollars federally are
• 1:15:02
  Speaker 16: being taken care of?
• 1:15:06
  Speaker 1: Well, of course I can't tell you that. I can
• 1:15:08
  Speaker 1: tell you, look at all of the waste that Elon
• 1:15:11
  Speaker 1: Musk exposed in Doge and look at what the Democrats
• 1:15:14
  Speaker 1: did to discredit him, dishonor him and get rid of him.
• 1:15:18
  Speaker 1: And they were successful at it when he was simply
• 1:15:20
  Speaker 1: exposing billions of your dollars going to foreign countries for
• 1:15:25
  Speaker 1: the most ridiculous transgenderism and all this ridiculous stuff that
• 1:15:29
  Speaker 1: should have never happened in the first place.
• 1:15:32
  Speaker 9: And why?
• 1:15:33
  Speaker 1: And he exposed it. Yeah. And it's just a total
• 1:15:35
  Speaker 1: waste of of your tax dollars.
• 1:15:38
  Speaker 2: Exactly.
• 1:15:40
  Speaker 16: But listen, on a local level, Ron, you're here. You're
• 1:15:45
  Speaker 16: right here in Austintown. You know what's going on. When
• 1:15:51
  Speaker 16: we're building roads and all this other stuff, and we
• 1:15:55
  Speaker 16: see that Medicaid and Medicare is on a billion-dollar fraudulent level,
• 1:16:03
  Speaker 16: How can we sit there and say that we should
• 1:16:06
  Speaker 16: be paying federal income taxes? And I'm not against taking
• 1:16:11
  Speaker 16: care of our federal.
• 1:16:15
  Speaker 1: Listen, your federal income taxes are— we can debate the waste,
• 1:16:21
  Speaker 1: and we should certainly address it and certainly get rid
• 1:16:23
  Speaker 1: of the debt and deficits. But it is how you
• 1:16:25
  Speaker 1: fund your army for your freedom and your protection. And
• 1:16:28
  Speaker 1: that's not to say that it hasn't gotten out of
• 1:16:31
  Speaker 1: control as far as costs are consumed. All right, Tiger.
• 1:16:35
  Speaker 1: I appreciate it. I'm running short on time. You're on
• 1:16:37
  Speaker 1: the air.
• 1:16:37
  Speaker 3: Hi, Ron.
• 1:16:40
  Speaker 1: Yes.
• 1:16:41
  Speaker 13: I just would ask that somebody at your station review
• 1:16:45
  Speaker 13: the sports section of your.
• 1:16:48
  Speaker 7: Break at 430.
• 1:16:48
  Speaker 22: Was it out?
• 1:16:49
  Speaker 23: It's about two weeks old.
• 1:16:51
  Speaker 1: That happened yesterday. I'm going to get on that right now, okay?
• 1:16:55
  Speaker 1: I'm going to do that right now.
• 1:16:56
  Speaker 23: All right, just wanted to let you guys know.
• 1:16:58
  Speaker 1: Thank you very much. Thank you very much. You know,
• 1:17:01
  Speaker 1: sometimes there's just computer screw-ups that... I've got to deal
• 1:17:05
  Speaker 1: with it. I'll deal with it during this break. And
• 1:17:07
  Speaker 1: I thank you for bringing it to my attention. I'll
• 1:17:09
  Speaker 1: be right back.
• 1:17:11
  Speaker 15: You know, I've noticed that with sports.
• 1:17:15
  Speaker 1: I appreciate that woman who called who reminded me of that. Listen, folks,
• 1:17:19
  Speaker 1: any of you listening, if you hear stuff like that
• 1:17:21
  Speaker 1: that's outdated, that the system isn't updating, call me on
• 1:17:26
  Speaker 1: the air and notify me of it. All right? So
• 1:17:28
  Speaker 1: you can either send me an email. uh, Ron Verbat,
• 1:17:31
  Speaker 1: I heard media, or you can call me, just call
• 1:17:33
  Speaker 1: me directly on the air during the program and bring
• 1:17:36
  Speaker 1: it to my attention because I, I will see that
• 1:17:38
  Speaker 1: that gets taken care of and fixed. All right. Um,
• 1:17:44
  Speaker 1: because we, it's just unacceptable. Anyway, good afternoon with you
• 1:17:48
  Speaker 1: till seven o'clock tonight. Uh, the re of course being
• 1:17:51
  Speaker 1: Thursday kind of things change a little bit. We have
• 1:17:54
  Speaker 1: a legal show that happens from five to six and
• 1:17:56
  Speaker 1: then from six to seven money talks with, uh, John
• 1:18:01
  Speaker 1: Arnold from 6 to 7. So we have both The
• 1:18:04
  Speaker 1: Legal Show 5 to 6, and then John Arnold has
• 1:18:06
  Speaker 1: Money Talks from 6 to 7 tonight. And then, of course,
• 1:18:09
  Speaker 1: Sean Hannity of Follow Guardian's got the day off. Ron
• 1:18:12
  Speaker 1: Ferb from the Kingdom of Mahoning, NewsRadio 570 WDQ, and
• 1:18:14
  Speaker 1: you're on the air.
• 1:18:16
  Speaker 23: Hey, Ron, how are you?
• 1:18:18
  Speaker 1: I'm well. Go ahead, sir.
• 1:18:19
  Speaker 3: Yeah, I just want to, I'm tired of the waste, too.
• 1:18:21
  Speaker 23: But I was happy to see Trump's in China, and
• 1:18:24
  Speaker 23: I've seen online where Musk was with him.
• 1:18:28
  Speaker 1: Yes, I would like to see that work out.
• 1:18:32
  Speaker 23: Yeah, I've seen him. He was in a picture with him,
• 1:18:35
  Speaker 23: and I was glad to see that, too. I just
• 1:18:38
  Speaker 23: want to throw that in there.
• 1:18:39
  Speaker 3: Thank you.
• 1:18:40
  Speaker 1: Thank you. You're on the air. Hello. Well, I can
• 1:18:49
  Speaker 1: hear you. you, but you can't hear me. I guess
• 1:18:52
  Speaker 1: that's your problem now. But it doesn't matter because we've
• 1:18:54
  Speaker 1: got to pause for the headlines at 5 o'clock anyway.
• 1:18:57
  Speaker 1: So call back. Well, you're going to have to call
• 1:18:58
  Speaker 1: back tomorrow because we come up with a legal show
• 1:19:02
  Speaker 1: coming up. And then John on his program to follow
• 1:19:06
  Speaker 1: that on NewsRadio 570. And if you missed Dave Thomas,
• 1:19:09
  Speaker 1: the first hour and a half state rep and what
• 1:19:12
  Speaker 1: he had to say, you missed a lot. You'll be
• 1:19:14
  Speaker 1: able to pick that up when they post the podcast next.
• 1:19:17
  Speaker 1: later on NewsRadio 570 WQEN and take in the wisdom
• 1:19:20
  Speaker 1: and knowledge and things you should know about, certainly if
• 1:19:23
  Speaker 1: you're a resident of the state of Ohio. And when
• 1:19:27
  Speaker 1: we're talking about the Medicaid fraud, it's just mind-boggling what's
• 1:19:34
  Speaker 1: going on with your tax dollars. And it's deeply disturbing
• 1:19:39
  Speaker 1: and deeply troubling. All right, if you need any legal advice,
• 1:19:42
  Speaker 1: got any legal questions, dilemmas, We switch gears at 5 o'clock,
• 1:19:46
  Speaker 1: so free legal advice comes your way next. Child support, divorce, DUI, custody, estates, evictions.
• 1:19:52
  Speaker 1: You got a legal problem? You got a legal question?
• 1:19:54
  Speaker 1: I want to hear it. We'll try to answer it
• 1:19:56
  Speaker 1: for free, point you in the right direction. The Legal
• 1:19:58
  Speaker 1: Show brought to you by Beatrice Kopp is next. Your
• 1:20:01
  Speaker 1: legal questions get on board 330-729-9977. We want to hear
• 1:20:02
  Speaker 1: from you.
• 1:20:11
  Speaker 17: From ABC News, I'm Michelle Franzen. A temporary stay by
• 1:20:15
  Speaker 17: the Supreme Court to block a popular abortion pill expires
• 1:20:18
  Speaker 17: this hour. Justices set to rule on whether expansions made
• 1:20:21
  Speaker 17: to Mifepristone in the past five years should be rolled back.
• 1:20:25
  Speaker 17: Here's ABC's Devin Dwyer.
• 1:20:26
  Speaker 11: People have been able to access the pill online from
• 1:20:29
  Speaker 11: a doctor, from a provider, get it in the mail.
• 1:20:32
  Speaker 11: It is the most commonly formed method of abortion in
• 1:20:34
  Speaker 11: the United States. We're told one in four women who
• 1:20:37
  Speaker 11: get an abortion today, get the medication from telemedicine. It's
• 1:20:41
  Speaker 11: just how it's gone.
• 1:20:42
  Speaker 17: If the block is upheld, women would still have to
• 1:20:45
  Speaker 17: have access. They have to go in person to a
• 1:20:47
  Speaker 17: doctor's office to receive the abortion pill. The summit in
• 1:20:50
  Speaker 17: China continuing for a second day with working groups focusing
• 1:20:53
  Speaker 17: on investments and trade. It follows meetings between President Trump
• 1:20:57
  Speaker 17: and President Xi. Talks highlighted the potential of both countries,
• 1:21:00
  Speaker 17: but no big breakthroughs on trade and tensions remain on
• 1:21:04
  Speaker 17: Taiwan and over Iran. ABC's Selena Wang is in Beijing.
• 1:21:07
  Speaker 19: Big picture, if you look at what they're saying on camera,
• 1:21:10
  Speaker 19: both leaders are focusing on stability between these two countries,
• 1:21:14
  Speaker 19: the long history between the U.S. and China, and President
• 1:21:17
  Speaker 19: Trump even lavishing praise on Xi Jinping, saying that it's
• 1:21:21
  Speaker 19: and honored to be his friend, calling him a great leader,
• 1:21:24
  Speaker 19: a line that's been picked up by state media here
• 1:21:26
  Speaker 19: in China. But beneath all of that, there's tensions on
• 1:21:29
  Speaker 19: Taiwan and Iran.
• 1:21:31
  Speaker 17: An American cruise ship passenger who tested positive for hantavirus
• 1:21:34
  Speaker 17: has now been cleared to leave isolation. ABC News medical contributor.
• 1:21:39
  Speaker 3: Dr.
• 1:21:39
  Speaker 17: Alok Patel says it shows protocols are working.
• 1:21:41
  Speaker 24: By testing negative and being better symptomatically, there's a lot
• 1:21:45
  Speaker 24: less risk for the general public. That's exactly why this
• 1:21:47
  Speaker 24: was designed in Nebraska, to keep people there for what's
• 1:21:50
  Speaker 24: recommended the full 42 days with the serial monitoring, because
• 1:21:54
  Speaker 24: that is potentially the long time of incubation when this
• 1:21:57
  Speaker 24: virus may show up.
• 1:21:58
  Speaker 17: Health officials continue to monitor more than three dozen Americans
• 1:22:01
  Speaker 17: exposed to the Hanta virus globally, though there are 10
• 1:22:04
  Speaker 17: confirmed cases from the cruise ship outbreak. You're listening to
• 1:22:07
  Speaker 17: ABC News.
• 1:22:11
  Speaker 1: In the afternoon, it's 57 degrees. And it's time now
• 1:22:15
  Speaker 1: for another edition of Legally Speaking, courtesy of the law
• 1:22:17
  Speaker 1: firm of Beatrice Kopp on NewsRadio 570 WKBN. Yes, it's
• 1:22:23
  Speaker 1: the legal show. And if you've got any legal questions
• 1:22:25
  Speaker 1: or problems, you want to get on the line and
• 1:22:28
  Speaker 1: your position will be reserved at the following numbers.
• 1:22:30
  Speaker 25: 330-729-9977.
• 1:22:34
  Speaker 1: Any legal questions you have, child support, divorce, custody, estates, evictions, wills, trusts,
• 1:22:41
  Speaker 1: speeding issues, contractual issues that you might have. Do I
• 1:22:45
  Speaker 1: need an estate, a will, or a trust? What do
• 1:22:47
  Speaker 1: I need? Any type of legal question that you might have,
• 1:22:51
  Speaker 1: we give you free legal advice, and have been doing
• 1:22:53
  Speaker 1: so for well over 30 years. So if you've got
• 1:22:56
  Speaker 1: a legal problem, we take your call right now, 330-729-9977, 330-729-9977.
• 1:23:03
  Speaker 6: 729-9977.
• 1:23:03
  Speaker 1: We'll get you through to us on News Radio 570.
• 1:23:08
  Speaker 1: Let's go to the office of Beatrice Kopp and see
• 1:23:10
  Speaker 1: who joins us tonight. Is the Kingmaker available? Is the
• 1:23:14
  Speaker 1: Kingmaker there?
• 1:23:17
  Speaker 2: He is not.
• 1:23:19
  Speaker 1: He's not? He's not, Ron. I don't understand that. I
• 1:23:23
  Speaker 1: feel almost heartbroken. I don't understand. It's But I do
• 1:23:27
  Speaker 1: recognize Tally's voice that's joining us and James's voice. All right. So, Melfi, welcome. Tally, welcome.
• 1:23:35
  Speaker 2: Thanks, Ron. Thanks for having me. Thank you, Ron.
• 1:23:38
  Speaker 1: You're more than welcome. So we got Attorney Melfi and
• 1:23:42
  Speaker 1: Attorney Tally, and they will join us and take your
• 1:23:44
  Speaker 1: questions between now and 6 o'clock tonight. All is well
• 1:23:49
  Speaker 1: with both of you, I hope. Life is good.
• 1:23:51
  Speaker 2: Living and thriving.
• 1:23:53
  Speaker 10: Life is good, busy, busy but good.
• 1:23:55
  Speaker 1: Please get close to that microphone, Tali, so we can
• 1:23:58
  Speaker 1: hear you better.
• 1:23:59
  Speaker 10: Busy but good. How are you, Ron?
• 1:24:00
  Speaker 1: I am well, thank you for asking.
• 1:24:02
  Speaker 2: You don't notice that nobody asks how Ron's doing.
• 1:24:04
  Speaker 10: Well, I do because I care.
• 1:24:06
  Speaker 1: Yes, Tali always does. It's you, Jim, that James never does.
• 1:24:10
  Speaker 2: It kind of hurts me a little bit.
• 1:24:11
  Speaker 1: It hurts me a little bit because let's take some calls.
• 1:24:16
  Speaker 1: All right, you're on the air with the attorneys.
• 1:24:17
  Speaker 3: Hello.
• 1:24:20
  Speaker 1: Hello, line one.
• 1:24:21
  Speaker 10: How can we help you?
• 1:24:23
  Speaker 1: I don't think they're there. Let me see. I'll put
• 1:24:25
  Speaker 1: them back on hold. Let me go here. You're on
• 1:24:27
  Speaker 1: the air with the attorneys. Wait, I've got to punch it.
• 1:24:31
  Speaker 3: Wait a second.
• 1:24:32
  Speaker 1: Hello there. You're on the air.
• 1:24:33
  Speaker 26: Who is me?
• 1:24:35
  Speaker 1: Yes. Do you have a legal question? This is you.
• 1:24:38
  Speaker 2: How can we help you?
• 1:24:41
  Speaker 26: Contractual medical kind of question?
• 1:24:43
  Speaker 2: Sure.
• 1:24:44
  Speaker 10: All right.
• 1:24:46
  Speaker 26: My mom was recently in a rehab facility for about
• 1:24:51
  Speaker 26: a month. And two weeks after she got home, they
• 1:24:59
  Speaker 26: called up and said they needed her to sign some paperwork.
• 1:25:03
  Speaker 26: So I start taking a look at it, and it's
• 1:25:06
  Speaker 26: her admission form.
• 1:25:09
  Speaker 2: Down at the bottom, it says that.
• 1:25:12
  Speaker 26: They have reason to believe that it would not be
• 1:25:16
  Speaker 26: covered by insurance. And it was basically her signing to
• 1:25:20
  Speaker 26: agree that she was responsible for the payment of the treatment.
• 1:25:24
  Speaker 26: All right, let me ask you this.
• 1:25:26
  Speaker 10: Is she responsible? Does her insurance cover it?
• 1:25:30
  Speaker 26: It does not. But I believe if we were made
• 1:25:34
  Speaker 26: aware on day one that it would not have been covered,
• 1:25:37
  Speaker 26: we wouldn't have kept her there.
• 1:25:39
  Speaker 1: Is she on Medicare?
• 1:25:41
  Speaker 2: Is she on Medicare?
• 1:25:42
  Speaker 1: We're thinking alike, James.
• 1:25:44
  Speaker 26: She is on Medicare, but it's only Part A. Her
• 1:25:48
  Speaker 26: Part B had lapsed at some point, which is another
• 1:25:52
  Speaker 26: mess that I'm dealing with.
• 1:25:54
  Speaker 2: You should have 100 days on Part A in a
• 1:25:56
  Speaker 2: skilled nursing.
• 1:25:59
  Speaker 1: Was she in skilled nursing?
• 1:26:01
  Speaker 2: Is she in skilled nursing?
• 1:26:04
  Speaker 27: Yeah.
• 1:26:05
  Speaker 26: The thing that they said that they determined it probably
• 1:26:09
  Speaker 26: wouldn't be covered was that she only required oral medications
• 1:26:14
  Speaker 26: and not like IV, but she was also doing physical
• 1:26:17
  Speaker 26: therapy there. And I don't like when she was there,
• 1:26:22
  Speaker 26: it took two people to get her out of bed.
• 1:26:23
  Speaker 3: So, okay.
• 1:26:25
  Speaker 10: Please tell me for the love of God, you didn't
• 1:26:27
  Speaker 10: sign anything or have her sign anything.
• 1:26:29
  Speaker 26: Oh no, I didn't sign anything.
• 1:26:31
  Speaker 2: Good.
• 1:26:32
  Speaker 10: Let's start there.
• 1:26:33
  Speaker 12: All right, Tally.
• 1:26:34
  Speaker 1: I'm going to have people that at your control center there,
• 1:26:37
  Speaker 1: turn your mic up or, Whatever. There's too much of
• 1:26:39
  Speaker 1: an echo. It's almost like her mic isn't turned on
• 1:26:43
  Speaker 1: for some reason. I don't understand that. We're going to
• 1:26:49
  Speaker 1: figure it out.
• 1:26:50
  Speaker 10: Jimmy's going to give you advice while my mic.
• 1:26:52
  Speaker 1: Gets turned on. Now I hear you good. Go ahead, Tali.
• 1:26:58
  Speaker 10: I'm glad you didn't sign that, number one. But number two,
• 1:27:00
  Speaker 10: I would call the insurance company or Medicare and figure
• 1:27:03
  Speaker 10: out why they're not covering it and try to get
• 1:27:05
  Speaker 10: it covered. If not, Someone in their facility done messed up.
• 1:27:10
  Speaker 2: Was she in a hospital prior to this inpatient, prior
• 1:27:15
  Speaker 2: to going to the rehab? How long?
• 1:27:19
  Speaker 3: A few weeks.
• 1:27:20
  Speaker 26: It was well over the three-day stay.
• 1:27:22
  Speaker 3: Okay.
• 1:27:23
  Speaker 2: Yeah, Medicare should cover the first 100.
• 1:27:26
  Speaker 1: But here's the problem. He stated a problem which is
• 1:27:30
  Speaker 1: going to, I think, come back to haunt him. There's
• 1:27:33
  Speaker 1: Medicare Part A, and you're correct about that. But there's
• 1:27:36
  Speaker 1: also Medicare Part B, which covers some of the physician costs.
• 1:27:40
  Speaker 1: He said that she did not pay her Medicare Part
• 1:27:43
  Speaker 1: B premium.
• 1:27:45
  Speaker 2: She could be responsible for a portion of that bill
• 1:27:48
  Speaker 2: that is not covered under Part B.
• 1:27:50
  Speaker 10: She could. I mean, you could make the contractual argument,
• 1:27:52
  Speaker 10: but technically you guys should have seen whether or not
• 1:27:56
  Speaker 10: that specific place does cover.
• 1:27:59
  Speaker 2: Whoever handles the coverage for Part B, call them as
• 1:28:02
  Speaker 2: soon as you get off of the phone.
• 1:28:05
  Speaker 1: Why wasn't she paying Part B? That normally comes out
• 1:28:07
  Speaker 1: of your Social Security check.
• 1:28:11
  Speaker 10: Social Security check, yeah.
• 1:28:13
  Speaker 26: Originally it was coming out of her social security and
• 1:28:17
  Speaker 26: then she started receiving a small pension for working for
• 1:28:22
  Speaker 26: the Howland schools with at the time that like canceled
• 1:28:27
  Speaker 26: out her social security because of the windfall clause or whatever. Um,
• 1:28:33
  Speaker 26: and then I was told, cause I did talk to
• 1:28:36
  Speaker 26: both Medicare and social security a couple of times now. Um,
• 1:28:41
  Speaker 26: when Biden reversed that, right. Her new social security wasn't
• 1:28:47
  Speaker 26: enough to cover the part B premiums. And I don't
• 1:28:51
  Speaker 26: know exactly what happened between them communicating to her about it. Uh,
• 1:28:59
  Speaker 26: The strange thing that I've been trying to figure out
• 1:29:01
  Speaker 26: from them is it says the last payment they received was.
• 1:29:04
  Speaker 22: In 2020, but they didn't cancel her coverage until 2024,
• 1:29:08
  Speaker 22: and no one can explain to me how that happened.
• 1:29:12
  Speaker 22: Because I would think that we would have had stacks
• 1:29:14
  Speaker 22: of mail saying, hey, you haven't been paying us, we're
• 1:29:17
  Speaker 22: going to cancel it. They didn't even know it was
• 1:29:20
  Speaker 22: canceled until they went to a doctor's visit one time,
• 1:29:22
  Speaker 22: and they're like, oh, this insurance doesn't work anymore. Because
• 1:29:26
  Speaker 22: she has TRICARE also because my dad's retired military. But
• 1:29:31
  Speaker 22: as I come to find out, the TRICARE doesn't really
• 1:29:34
  Speaker 22: work either unless you have Part B because it's a
• 1:29:37
  Speaker 22: wraparound coverage.
• 1:29:38
  Speaker 1: Was she on standard Medicare or Medicare Advantage?
• 1:29:43
  Speaker 26: I believe it was just standard.
• 1:29:44
  Speaker 1: Yeah, you want to be on standard Medicare by far.
• 1:29:47
  Speaker 1: So you're telling me that she just didn't pay, was
• 1:29:50
  Speaker 1: oblivious to not paying Part B premium, so... That's kind
• 1:29:53
  Speaker 1: of her fault, isn't it? What do they say? James,
• 1:29:56
  Speaker 1: ignorance is no excuse?
• 1:29:59
  Speaker 2: Unfortunately, yeah.
• 1:30:00
  Speaker 1: So she could be on the hook.
• 1:30:02
  Speaker 2: Did she go through an agent for the Medicare?
• 1:30:07
  Speaker 26: Not that I'm aware of, no.
• 1:30:08
  Speaker 2: I was going to say, if somebody got her on Medicare,
• 1:30:12
  Speaker 2: it was a Medicare agent, I'd contact your agent first.
• 1:30:15
  Speaker 1: That would be an advantage plan. You don't want to
• 1:30:19
  Speaker 1: be on an advantage plan. You better look into this
• 1:30:23
  Speaker 1: yourself and figure it out.
• 1:30:25
  Speaker 26: Yeah, the last couple of months, that's how I'm figuring
• 1:30:29
  Speaker 26: all this out.
• 1:30:32
  Speaker 1: Why don't you call Medicare and try to have them
• 1:30:34
  Speaker 1: assist you? They're very helpful.
• 1:30:36
  Speaker 2: You will have some long hours on the phone.
• 1:30:38
  Speaker 1: Or go down to the Social Security office and ask
• 1:30:41
  Speaker 1: for some help in Youngstown. Okay?
• 1:30:45
  Speaker 3: Okay.
• 1:30:45
  Speaker 1: You've got big problems. You're on the air.
• 1:30:47
  Speaker 6: Hello, Rod.
• 1:30:50
  Speaker 1: Yes, sir. Legal show.
• 1:30:52
  Speaker 18: I have a question, and the attorneys might know this.
• 1:30:58
  Speaker 13: Again, the trooper that was killed.
• 1:31:02
  Speaker 18: On Route 11 last year.
• 1:31:05
  Speaker 10: We know what you're referring to.
• 1:31:08
  Speaker 18: The driver of that truck was charged, I believe, with...
• 1:31:14
  Speaker 18: distracted driving. What was the outcome of that situation?
• 1:31:21
  Speaker 10: I honestly don't know.
• 1:31:28
  Speaker 18: That's the thing that raises a big red flag here
• 1:31:34
  Speaker 18: because nobody knows. I mean, was dismissed?
• 1:31:39
  Speaker 6: I mean, he was charged with something.
• 1:31:43
  Speaker 10: So I'm not going to lie, caller, I'm pretty swamped
• 1:31:46
  Speaker 10: with my cases at the moment because I do domestic relations.
• 1:31:49
  Speaker 10: I'm now first chair for that, and then I do
• 1:31:51
  Speaker 10: criminal as well. But I really have time to keep up.
• 1:31:54
  Speaker 10: But Jimmy's going to look up right now and see
• 1:31:55
  Speaker 10: if we can get an answer for you.
• 1:31:57
  Speaker 2: Let me see what I can find here.
• 1:31:58
  Speaker 1: He's looking. While he does that, I'm just going to
• 1:32:02
  Speaker 1: hang on, caller. Now, Tally, get close to that microphone,
• 1:32:05
  Speaker 1: and we're going to see if we can solve this
• 1:32:06
  Speaker 1: problem here.
• 1:32:07
  Speaker 10: I'm going to get super close. I'm basically kissing the microphone.
• 1:32:11
  Speaker 1: Well, you can back off a little bit, but that's
• 1:32:14
  Speaker 1: how you've got to be. Okay. Okay, it's got to
• 1:32:16
  Speaker 1: be so we don't get that loud echo and that
• 1:32:19
  Speaker 1: kind of stuff. So what do you look that case up, Melfi,
• 1:32:23
  Speaker 1: to figure it out?
• 1:32:24
  Speaker 2: Go right on the docket.
• 1:32:25
  Speaker 10: He's looking up on the docket right now.
• 1:32:29
  Speaker 1: Maybe it hasn't even been heard yet or something. Who knows?
• 1:32:32
  Speaker 2: Or a lot of times those things, if you waive
• 1:32:34
  Speaker 2: your speedy trial rights, it could— go on for.
• 1:32:39
  Speaker 10: A long time.
• 1:32:40
  Speaker 1: And it's hard to say if they filed additional charges
• 1:32:43
  Speaker 1: since then too.
• 1:32:46
  Speaker 2: There's no additional charges, just the distracted driving charge.
• 1:32:53
  Speaker 1: Yeah. But it killed that trooper.
• 1:32:55
  Speaker 18: Resulting in a death of a state trooper.
• 1:32:57
  Speaker 6: You think that would.
• 1:32:58
  Speaker 18: Be, uh, would that be a felony or a misdemeanor?
• 1:33:03
  Speaker 2: Uh, That typically is a misdemeanor.
• 1:33:07
  Speaker 10: Yeah.
• 1:33:08
  Speaker 2: There's a misdemeanor version of vehicular manslaughter that brings 90
• 1:33:13
  Speaker 2: days in jail.
• 1:33:16
  Speaker 10: It's a tragedy for sure. That whole scenario is awful.
• 1:33:20
  Speaker 18: As a matter of fact, from what I understand, the
• 1:33:22
  Speaker 18: news last night that they wanted to, and I guess
• 1:33:25
  Speaker 18: it was unanimous, they wanted to basically name part of
• 1:33:30
  Speaker 18: Route 11 after that trooper.
• 1:33:31
  Speaker 2: I did see that.
• 1:33:33
  Speaker 6: He lived in Columbiana.
• 1:33:36
  Speaker 2: Oh, wow.
• 1:33:37
  Speaker 6: And he had a family.
• 1:33:38
  Speaker 13: I believe he had a couple kids.
• 1:33:40
  Speaker 10: I believe he did as well. I do remember the story,
• 1:33:43
  Speaker 10: and I did see that they were wanting to name
• 1:33:44
  Speaker 10: a highway after him. Jimmy, you seeing anything on there?
• 1:33:48
  Speaker 2: I'm moving my fingers as fast as I can.
• 1:33:52
  Speaker 1: Well, if we find out anything, we'll try to get
• 1:33:54
  Speaker 1: back to you, okay?
• 1:33:55
  Speaker 6: Okay, thank you, Ron.
• 1:33:56
  Speaker 1: All right, thank you. It's a fair question to ask.
• 1:33:58
  Speaker 1: You got a comment or question for our legal show?
• 1:34:01
  Speaker 1: Call us right now. Three Lines in Youngstown. Open 330-729-9977.
• 1:34:06
  Speaker 1: And you can talk to James or Tally and our
• 1:34:09
  Speaker 1: attorneys tonight from the law firm of Beatrice Kopp. Any
• 1:34:13
  Speaker 1: legal questions you might have, I have three lines open.
• 1:34:15
  Speaker 3: 330-729-9977.
• 1:34:15
  Speaker 2: Pick up the phone.
• 1:34:16
  Speaker 1: Give us a call between now and 6 o'clock tonight.
• 1:34:17
  Speaker 2: 330-729-9977.
• 1:34:18
  Speaker 10: 330-729-9977.
• 1:34:18
  Speaker 1: We'll get you through to us here on NewsRadio 570
• 1:34:19
  Speaker 1: WKBN for legal questions going on. In Your World or
• 1:34:35
  Speaker 1: Your Life, 330-729-9977. We'll get you through on NewsRadio 570
• 1:34:41
  Speaker 1: to WKBN. And Ron Verp. All right. Let's see here.
• 1:34:47
  Speaker 1: I don't know if this is going to work or not.
• 1:34:49
  Speaker 1: Let me try this. You're on the air. I don't
• 1:34:54
  Speaker 1: know if they're there or not. Hello?
• 1:34:56
  Speaker 12: Yes.
• 1:34:57
  Speaker 1: Go ahead with your question, please.
• 1:34:59
  Speaker 25: Hi.
• 1:35:00
  Speaker 9: So my name is Austin. Austin Tyree, I was calling
• 1:35:03
  Speaker 9: to see if I had a legal question for a
• 1:35:05
  Speaker 9: realty company. So I had a lease agreement with the company,
• 1:35:11
  Speaker 9: and they had... Me and the owner had a verbal
• 1:35:15
  Speaker 9: agreement that for a discounted rate, they were going to
• 1:35:17
  Speaker 9: pay the electric. I would keep up with the maintenance
• 1:35:19
  Speaker 9: on the apartment. And they never did that, and I
• 1:35:26
  Speaker 9: was just on a bill for almost $ 600 for... all
• 1:35:31
  Speaker 9: the electric because.
• 1:35:32
  Speaker 2: They never wanted to tell you. What does your contract say?
• 1:35:36
  Speaker 2: What does your contract say?
• 1:35:38
  Speaker 9: I cannot find a lease agreement anywhere besides for more
• 1:35:41
  Speaker 9: than a paragraph of me moving in.
• 1:35:44
  Speaker 10: Ask him for a copy if you don't have a copy.
• 1:35:46
  Speaker 10: I have asked.
• 1:35:48
  Speaker 6: They are not able to find one, unfortunately.
• 1:35:52
  Speaker 10: Well, if they're not able to find one, you could
• 1:35:54
  Speaker 10: always argue that it was in there, but the fact
• 1:35:55
  Speaker 10: that you said a verbal contract, that's an issue. If
• 1:35:58
  Speaker 10: it's a verbal contract, you can basically... Throw those words
• 1:36:02
  Speaker 10: out the window. It has to be written.
• 1:36:03
  Speaker 2: Contractual terms in writing if you want to have any success.
• 1:36:09
  Speaker 3: Sorry, man. Okay.
• 1:36:10
  Speaker 2: There are certain things you can have oral contracts for, but..
• 1:36:13
  Speaker 9: They were also... I would put work orders in and
• 1:36:17
  Speaker 9: they continue to deny them. There's nothing about it, about
• 1:36:20
  Speaker 9: me doing the work on the apartment in the lease,
• 1:36:23
  Speaker 9: in that paragraph, about me keeping up with maintenance, but
• 1:36:27
  Speaker 9: I put in work orders and they deny them and
• 1:36:29
  Speaker 9: it tells me to see lease agreement on that verbal conversation.
• 1:36:36
  Speaker 1: Well you got a lease agreement when you read it
• 1:36:38
  Speaker 1: it doesn't cover what you're saying correct yes all right
• 1:36:42
  Speaker 1: so they're saying you is the electric is the electric
• 1:36:46
  Speaker 1: in your name performance of course the dealings so i.
• 1:36:49
  Speaker 9: Put the electric in my name i think something happened
• 1:36:52
  Speaker 9: with it where it went back into uh the realty company's.
• 1:36:55
  Speaker 1: Name but it was in your name and it was
• 1:36:57
  Speaker 1: telling you yo the money the electric company.
• 1:37:01
  Speaker 9: No, the realty company.
• 1:37:05
  Speaker 10: Well, if it's not on the contract, sir, I'm sorry.
• 1:37:08
  Speaker 10: I don't think it's going to..
• 1:37:10
  Speaker 1: You need it in writing is what you're saying, Tally?
• 1:37:12
  Speaker 14: Yes.
• 1:37:13
  Speaker 2: Confirm it in writing.
• 1:37:14
  Speaker 10: Confirm it in writing always. I don't care if it's
• 1:37:16
  Speaker 10: a text message or an email. In writing.
• 1:37:22
  Speaker 3: Okay.
• 1:37:23
  Speaker 9: So how would I go about this? Should I just
• 1:37:27
  Speaker 9: cough up the money for them and then..
• 1:37:30
  Speaker 10: You can either do that or you can text them
• 1:37:32
  Speaker 10: and say, hey, just following up on our verbal agreement,
• 1:37:35
  Speaker 10: I got a bill and I'm a little confused because
• 1:37:37
  Speaker 10: I thought we agreed upon, you know, when you type
• 1:37:40
  Speaker 10: it out, X, Y, Z. And then if he responds
• 1:37:42
  Speaker 10: and says, you know, yes, we agreed upon that, then
• 1:37:45
  Speaker 10: you might have something.
• 1:37:46
  Speaker 2: But if they don't, say see your lease agreement.
• 1:37:49
  Speaker 10: Or they're going to say see your lease agreement, which
• 1:37:51
  Speaker 10: would be what I would advise them to do.
• 1:37:55
  Speaker 2: You're kind of up a creek with that paddle right now.
• 1:37:57
  Speaker 25: Sorry.
• 1:37:58
  Speaker 3: All right.
• 1:37:59
  Speaker 1: But on a positive note, you use the electricity, so
• 1:38:02
  Speaker 1: it's not like they're screwing you, okay?
• 1:38:05
  Speaker 3: Yes, it's fair.
• 1:38:06
  Speaker 9: I'm not 100% sure on what to do.
• 1:38:09
  Speaker 3: I did this.
• 1:38:11
  Speaker 9: It's a month-to-month lease.
• 1:38:13
  Speaker 1: Well, did you fix the place up at all?
• 1:38:16
  Speaker 5: I did.
• 1:38:17
  Speaker 9: I actually keep up with the rest of the tenants
• 1:38:21
  Speaker 9: at the complex, not..
• 1:38:25
  Speaker 1: Why don't you go and get it in writing? Why
• 1:38:27
  Speaker 1: don't you do what Tally told you to do? Go
• 1:38:29
  Speaker 1: get it in writing. some form of writing before you
• 1:38:31
  Speaker 1: go much further.
• 1:38:32
  Speaker 2: Have you documented what you've done around the complex.
• 1:38:35
  Speaker 1: Instead of taking their word get it in writing listen
• 1:38:37
  Speaker 1: to what she told you.
• 1:38:39
  Speaker 10: And document everything take pictures if you make an improvement
• 1:38:42
  Speaker 10: you take a picture thank you i.
• 1:38:44
  Speaker 2: Mean a lot of things can be done on a
• 1:38:46
  Speaker 2: handshake but you know It's like lawyers, Ron. I mean,
• 1:38:48
  Speaker 2: there's lawyers that we know Tally deals with. You pick
• 1:38:52
  Speaker 2: up the phone, you call them, you know, your word
• 1:38:54
  Speaker 2: is bond. There's other lawyers that you pick up the phone,
• 1:38:58
  Speaker 2: you call them.
• 1:38:59
  Speaker 10: I don't trust as far as I could throw.
• 1:39:00
  Speaker 2: You better send an email.
• 1:39:02
  Speaker 1: But I feel like that's.
• 1:39:03
  Speaker 10: So untrustworthy because that's all a man and a woman
• 1:39:05
  Speaker 10: has is their word. So you can rely on my word.
• 1:39:09
  Speaker 10: I'm just going to make that clear.
• 1:39:11
  Speaker 1: All I'm looking for is a one-armed lawyer because I'm
• 1:39:13
  Speaker 1: tired of them saying on the other hand.
• 1:39:18
  Speaker 2: All right.
• 1:39:19
  Speaker 1: You're on the air with our attorneys. Legal Show brought
• 1:39:22
  Speaker 1: to you by Beatrice Kopp.
• 1:39:23
  Speaker 6: Hello.
• 1:39:24
  Speaker 12: Hello.
• 1:39:25
  Speaker 1: Yes, go ahead.
• 1:39:27
  Speaker 25: Yes, I don't know if I'm too late, but I'm
• 1:39:29
  Speaker 25: calling in reference to the fellow, the son that's trying
• 1:39:32
  Speaker 25: to help out his mother's nursing home payment.
• 1:39:36
  Speaker 16: Yes.
• 1:39:37
  Speaker 25: I had the same situation. And that was the end
• 1:39:41
  Speaker 25: of 24 and the very beginning of 25. I had
• 1:39:45
  Speaker 25: a major surgery that needed to be done. I'm on
• 1:39:49
  Speaker 25: traditional Medicare. And when I was at the nursing facility,
• 1:39:54
  Speaker 25: which was my second visit, but not to that one,
• 1:39:58
  Speaker 25: but this other one that I'm referring to, and they
• 1:40:01
  Speaker 25: stated to me that I had used my 100 days
• 1:40:03
  Speaker 25: up too, and I knew I didn't. But in that situation,
• 1:40:08
  Speaker 25: I wasn't able to make any phone calls because of
• 1:40:11
  Speaker 25: my surgery. But after I was finally released after three months,
• 1:40:16
  Speaker 25: I started to investigate. And they were making me pay
• 1:40:20
  Speaker 25: at the nursing facility. By chance, I had a little
• 1:40:25
  Speaker 25: bit of money saved, but it took all my money.
• 1:40:29
  Speaker 25: And anyhow, I made phone calls. I made a phone
• 1:40:32
  Speaker 25: call first to my secondary insurance, which is Champa. And
• 1:40:38
  Speaker 25: they said, oh, no, we'll pay for that, but you
• 1:40:40
  Speaker 25: need to get a rejection from your primary insurance. And
• 1:40:44
  Speaker 25: so that's what I did. I called the nursing facility.
• 1:40:47
  Speaker 25: Then I called Medicare. Medicare says, you.
• 1:40:50
  Speaker 12: Need to have the nursing.
• 1:40:51
  Speaker 25: Facility bill us so that we can send out a
• 1:40:54
  Speaker 25: rejection so you can go to your secondary insurance. And
• 1:40:57
  Speaker 25: after a month, about four months, five months, I finally
• 1:41:00
  Speaker 25: did win, and my secondary insurance paid back everything.
• 1:41:06
  Speaker 10: That's a good story.
• 1:41:06
  Speaker 2: That's awesome.
• 1:41:07
  Speaker 10: Thanks for calling in and trying to help.
• 1:41:09
  Speaker 25: I hope it helps him because he really needs to investigate.
• 1:41:12
  Speaker 25: It takes phone calls and phone calls and investigation and
• 1:41:16
  Speaker 25: being maybe a pain in the rear.
• 1:41:19
  Speaker 1: Here's my question for you. When you say secondary insurance,
• 1:41:22
  Speaker 1: when I think of Medicare, I think of Medicare Part A,
• 1:41:25
  Speaker 1: Part B, and usually you also buy a supplement, a
• 1:41:29
  Speaker 1: Plan G or a Plan N. Well, I have a supplement.
• 1:41:32
  Speaker 25: That's my Champa.
• 1:41:33
  Speaker 1: Okay, and that's what paid what the rest of it didn't?
• 1:41:37
  Speaker 3: Yes.
• 1:41:38
  Speaker 25: It wouldn't pay unless they got a rejection from the primary,
• 1:41:41
  Speaker 25: which would have been Medicare. And that would have been– now,
• 1:41:46
  Speaker 25: that's a good question because I have both A and B.
• 1:41:49
  Speaker 25: So he was saying that she only had A and
• 1:41:52
  Speaker 25: possibly not B.
• 1:41:54
  Speaker 2: Yeah, that's correct. That's something that.
• 1:41:56
  Speaker 25: He has to check out with Medicare. if that still
• 1:42:00
  Speaker 25: would require a rejection and that if the secondary sure
• 1:42:04
  Speaker 25: then with a rejection will pay back.
• 1:42:07
  Speaker 1: If she had a secondary, if she had, I don't
• 1:42:09
  Speaker 1: like the term secondary. If she had a supplement, maybe
• 1:42:12
  Speaker 1: she didn't have that either. You never know.
• 1:42:15
  Speaker 25: I thought her supplement was TRICARE.
• 1:42:18
  Speaker 10: Yeah, she did have a supplement.
• 1:42:20
  Speaker 3: Yes.
• 1:42:21
  Speaker 25: That's what I mean.
• 1:42:22
  Speaker 10: Well, thanks for calling in and trying to help.
• 1:42:24
  Speaker 2: And, Caller, don't worry, you are not out of time
• 1:42:26
  Speaker 2: because David is not on the radio, so he didn't
• 1:42:29
  Speaker 2: talk for the first 20 minutes. So you have plenty
• 1:42:31
  Speaker 2: of time to take calls today.
• 1:42:32
  Speaker 1: Now, wait a minute.
• 1:42:33
  Speaker 10: We're actually going to answer legal questions.
• 1:42:35
  Speaker 1: It's the most entertaining legal show on radio because of
• 1:42:39
  Speaker 1: the Kingmaker. You understand?
• 1:42:40
  Speaker 2: I will say, Ron, 90% of my comedy is off
• 1:42:44
  Speaker 2: of him, so I'm like a lost puppy right now.
• 1:42:48
  Speaker 10: It's so annoying, though, because you know what's going to happen?
• 1:42:50
  Speaker 10: My in-laws, they used to love me, and now they're
• 1:42:52
  Speaker 10: obsessed with Dave. So all I'm going to hear when
• 1:42:54
  Speaker 10: I see them is, where was Dave? Why was he
• 1:42:56
  Speaker 10: not on the radio show? What happened in his life recently?
• 1:42:59
  Speaker 2: That's wild that somebody's obsessed with David.
• 1:43:01
  Speaker 10: My in-laws love him. They think he's hilarious.
• 1:43:04
  Speaker 1: As a matter of fact, I met a guy today
• 1:43:07
  Speaker 1: who met me here at the radio station who brought
• 1:43:09
  Speaker 1: me two pictures to look at of when the young
• 1:43:14
  Speaker 1: Dave Beatrice was in the same, I think, elementary class
• 1:43:17
  Speaker 1: that he was in They graduated the same year. No,
• 1:43:20
  Speaker 1: he sent them to us now. No, he had a
• 1:43:22
  Speaker 1: picture of the class. And then there was another one
• 1:43:25
  Speaker 1: where he had a picture of the 10-year reunion, high
• 1:43:28
  Speaker 1: school reunion of Dave.
• 1:43:30
  Speaker 2: Did he drop it off like a serial killer, you know,
• 1:43:33
  Speaker 2: when they used to cut out the magazine?
• 1:43:34
  Speaker 1: No, he showed me the pictures. Was he goofy looking? No,
• 1:43:39
  Speaker 1: he was not at all.
• 1:43:40
  Speaker 2: He's still goofy looking.
• 1:43:42
  Speaker 10: I didn't know when he was a child.
• 1:43:44
  Speaker 1: No, he was kind of a cute kid.
• 1:43:48
  Speaker 2: Yeah, what?
• 1:43:49
  Speaker 1: What do you mean, what happened? He's matured. What do
• 1:43:53
  Speaker 1: you mean, what happened?
• 1:43:55
  Speaker 2: That's what my dad says to me. He's like a werewolf.
• 1:43:57
  Speaker 10: He's just extra hairy.
• 1:43:58
  Speaker 2: You were a good kid. What happened?
• 1:44:01
  Speaker 1: That's what he says to you?
• 1:44:02
  Speaker 2: Yeah, that's what he says to me.
• 1:44:04
  Speaker 1: You were a good kid.
• 1:44:05
  Speaker 2: What happened? Now he has my son. My parents have
• 1:44:08
  Speaker 2: my son five days a week.
• 1:44:10
  Speaker 1: There you go.
• 1:44:12
  Speaker 2: They're reliving those years.
• 1:44:13
  Speaker 1: Hang on, you two. We're coming back after the headlines.
• 1:44:16
  Speaker 1: NewsRadio 570. It's E2. This is The Legal Show. It's
• 1:44:20
  Speaker 1: brought to you by Beatrice Kopp. And so they'll be
• 1:44:24
  Speaker 1: with us until 6 o'clock tonight. Free legal advice for
• 1:44:26
  Speaker 1: anything going on in your world right now.
• 1:44:28
  Speaker 3: 330-729-9977. 330-729-9977.
• 1:44:28
  Speaker 1: And we'll get you through to us. Child support, divorce, DUI, custody, estates, evictions, wills, trust.
• 1:44:40
  Speaker 1: What's going on in your world? Contractual issues, auto accidents,
• 1:44:43
  Speaker 1: dog bites, you name it. We take on all comers,
• 1:44:46
  Speaker 1: whatever legal problem you might have. The time to call
• 1:44:49
  Speaker 1: for free legal advice is now until 6 o'clock tonight, 330-729-9977.
• 1:44:51
  Speaker 2: 330-729-9977.
• 1:44:51
  Speaker 1: We'll get through to you, us, and we'll get you
• 1:44:53
  Speaker 1: on the air on NewsRadio 570. We'll go back to
• 1:44:56
  Speaker 1: our phone calls. Got to give a public salute to
• 1:45:08
  Speaker 1: Our dear friend's attorney, Mark DiVecchio, winning his primary race
• 1:45:12
  Speaker 1: for domestic relations judge. I think we're all proud of him.
• 1:45:16
  Speaker 10: Very proud.
• 1:45:16
  Speaker 2: Very proud of Mark.
• 1:45:17
  Speaker 1: Yeah, extremely. You won't find a better man for that
• 1:45:22
  Speaker 1: position than Mark DiVecchio, experience-wise. And just from a standpoint
• 1:45:27
  Speaker 1: of a human being wise.
• 1:45:28
  Speaker 2: Just a pragmatic guy.
• 1:45:30
  Speaker 10: I lost my license the same day we had to vote.
• 1:45:32
  Speaker 10: You should have seen me tearing my house and office apart.
• 1:45:35
  Speaker 10: But I found it, and I was able to vote.
• 1:45:37
  Speaker 2: You can vote with a passport, right?
• 1:45:39
  Speaker 13: I didn't know that.
• 1:45:40
  Speaker 1: You can fly with a passport. How do you lose
• 1:45:42
  Speaker 1: your license? I mean, how do you do that?
• 1:45:45
  Speaker 28: You know what?
• 1:45:46
  Speaker 10: I was recently diagnosed with ADHD, and now my whole
• 1:45:48
  Speaker 10: entire life makes sense. ADHD.
• 1:45:53
  Speaker 1: Attention Deficit. Mm-hmm. No way.
• 1:45:55
  Speaker 10: I lose a lot of things.
• 1:45:57
  Speaker 1: No.
• 1:45:57
  Speaker 12: Apparently, yeah.
• 1:45:58
  Speaker 1: There is no way. You're perfectly normal.
• 1:46:01
  Speaker 10: I am normal now.
• 1:46:03
  Speaker 1: I question that diagnosis. Now, Dave, I think, is guilty
• 1:46:08
  Speaker 1: of that. I don't think you are at all.
• 1:46:09
  Speaker 10: He's on a whole other level.
• 1:46:10
  Speaker 3: Exactly.
• 1:46:11
  Speaker 18: He's on a whole other level.
• 1:46:12
  Speaker 2: Ron, I had to switch to his chair for the
• 1:46:14
  Speaker 2: live stream. My chair is much more comfortable. There's no
• 1:46:20
  Speaker 2: padding in this chair. I'm on the ground right now.
• 1:46:24
  Speaker 10: His butt has worn it down.
• 1:46:26
  Speaker 1: There you go.
• 1:46:27
  Speaker 2: It's not even here.
• 1:46:30
  Speaker 1: You are the best at getting under his skin, man.
• 1:46:32
  Speaker 1: The pictures and what you do to him. I just
• 1:46:35
  Speaker 1: want to say, since he's not here, I can't tell
• 1:46:38
  Speaker 1: you how thoroughly I'm enjoying what you're doing to him.
• 1:46:41
  Speaker 2: I have him in a mental pretzel three times a week.
• 1:46:44
  Speaker 1: I know. It's the best. It's absolutely the best.
• 1:46:48
  Speaker 2: It's one of my favorite pastimes.
• 1:46:50
  Speaker 1: All right. You're on the air with the attorneys. Hello there.
• 1:46:54
  Speaker 18: Hello.
• 1:46:55
  Speaker 1: Yes, go ahead.
• 1:46:56
  Speaker 13: Yeah, I have a question.
• 1:46:58
  Speaker 27: My daughter-in-law, her mother passed away, and she had some
• 1:47:03
  Speaker 27: savings and a couple of cars. And the grandmother was
• 1:47:07
  Speaker 27: on the account with her mother, and she took all
• 1:47:10
  Speaker 27: the money in the cars. Were the kids entitled to
• 1:47:13
  Speaker 27: any of that money, or is it? If she's on
• 1:47:15
  Speaker 27: the account, she gets to keep it all.
• 1:47:17
  Speaker 2: Let's unpack this a little bit. Was it a TOD account?
• 1:47:26
  Speaker 16: Yes.
• 1:47:26
  Speaker 27: I think she was added to the account because the
• 1:47:29
  Speaker 27: mother was really sick, so they'll be able to pay
• 1:47:32
  Speaker 27: her bills while she was in the hospital.
• 1:47:36
  Speaker 2: Okay. What about the cars?
• 1:47:39
  Speaker 27: The cars were in the mother's name.
• 1:47:43
  Speaker 2: Was there a transfer on death designation on the title? Wait,
• 1:47:48
  Speaker 2: the cars were in whose name?
• 1:47:51
  Speaker 27: No, the cars were in my daughter-in-law's and her mother's
• 1:47:55
  Speaker 27: name because they're still sitting in her grandmother's house because
• 1:47:57
  Speaker 27: she can't do anything with them because she's trying to
• 1:48:00
  Speaker 27: get them the death certificate saying that since she's passed,
• 1:48:03
  Speaker 27: she's trying to get the title slipped into her name.
• 1:48:04
  Speaker 27: So not in the grandmother's name.
• 1:48:08
  Speaker 2: If the title has a transfer on death designation... then yes,
• 1:48:12
  Speaker 2: the death certificate is sufficient to transfer.
• 1:48:16
  Speaker 12: The title to her.
• 1:48:17
  Speaker 27: It was real sudden, so I'm not really sure she
• 1:48:19
  Speaker 27: did not have.
• 1:48:20
  Speaker 16: That on there.
• 1:48:21
  Speaker 2: Then if there's no transfer on death on the motor
• 1:48:23
  Speaker 2: vehicle titles, those would need probated. Correct.
• 1:48:26
  Speaker 6: Okay.
• 1:48:28
  Speaker 2: Does she have a will?
• 1:48:30
  Speaker 27: Does it go to the grandmother because she was on
• 1:48:32
  Speaker 27: it with her, I'm assuming then?
• 1:48:35
  Speaker 2: It does, but I mean, she could... How many kids?
• 1:48:39
  Speaker 14: She had six.
• 1:48:41
  Speaker 26: Six brothers.
• 1:48:41
  Speaker 18: She had six siblings.
• 1:48:43
  Speaker 1: How much was in the account?
• 1:48:44
  Speaker 13: A lot of kids.
• 1:48:46
  Speaker 17: $ 30, 000.
• 1:48:46
  Speaker 3: Mm-hmm.
• 1:48:47
  Speaker 1: And you're saying they're not a whole bunch of money,
• 1:48:53
  Speaker 1: but you're saying..
• 1:48:54
  Speaker 16: No, not a ton of.
• 1:48:55
  Speaker 5: Money, no.
• 1:48:56
  Speaker 27: But, I mean, there were some. I'm just wondering if
• 1:48:59
  Speaker 27: they had any right to it or not.
• 1:49:00
  Speaker 13: I mean, just curious.
• 1:49:03
  Speaker 1: Hard to say, isn't it, to me? Because, I mean,
• 1:49:05
  Speaker 1: what was in the other person? Not a chance for
• 1:49:06
  Speaker 1: her own death.
• 1:49:07
  Speaker 12: Yeah.
• 1:49:08
  Speaker 10: We'd have to see. what it says but not on
• 1:49:10
  Speaker 10: the transfer of death on death.
• 1:49:12
  Speaker 2: Not on the bank accounts but you're gonna have to
• 1:49:13
  Speaker 2: open a probate for the vehicles correct okay all right
• 1:49:18
  Speaker 2: anything else that she may have had.
• 1:49:19
  Speaker 1: All right good luck etc all right you're on the
• 1:49:22
  Speaker 1: air with our attorneys tonight news radio 570 wkbn welcome
• 1:49:25
  Speaker 1: 537 hello there well apparently you're not all right.
• 1:49:34
  Speaker 5: Yes go ahead oh it's me okay i just had
• 1:49:38
  Speaker 5: a question i'd Separated from my wife recently.
• 1:49:41
  Speaker 1: Congratulations.
• 1:49:44
  Speaker 2: Ron!
• 1:49:45
  Speaker 1: Oh, sorry.
• 1:49:46
  Speaker 3: No, no, I'm with you, buddy. Yeah, kind of.
• 1:49:48
  Speaker 2: I live in Pennsylvania.
• 1:49:51
  Speaker 10: Okay, I'm sorry.
• 1:49:52
  Speaker 2: I need to get my lawyer hat on.
• 1:49:54
  Speaker 10: Jimmy is distracting me. We're in Pennsylvania. All right, I'm
• 1:49:57
  Speaker 10: licensed there.
• 1:49:57
  Speaker 3: Shoot.
• 1:49:59
  Speaker 5: Okay, my wife recently purchased a bar. I'm not on
• 1:50:03
  Speaker 5: a deed or anything for the bar. I signed as
• 1:50:06
  Speaker 5: a liability for the debt.
• 1:50:10
  Speaker 21: Okay.
• 1:50:11
  Speaker 10: When she bought it, sorry. When she bought it, were
• 1:50:14
  Speaker 10: you guys separated or not?
• 1:50:16
  Speaker 5: No, we were together.
• 1:50:17
  Speaker 10: It's marital property.
• 1:50:18
  Speaker 2: You're good.
• 1:50:20
  Speaker 5: Okay.
• 1:50:21
  Speaker 3: Very good.
• 1:50:22
  Speaker 1: So what does that mean?
• 1:50:23
  Speaker 2: Congratulations.
• 1:50:24
  Speaker 1: Do you want a part of the bar, sir?
• 1:50:26
  Speaker 5: Well, you know, I want what's mine.
• 1:50:28
  Speaker 3: That's all. She did me pretty dirty.
• 1:50:30
  Speaker 10: She wants a buyout, probably.
• 1:50:31
  Speaker 1: Marital property. Watch this, Tally. Did you put any money
• 1:50:36
  Speaker 1: into buying the bar?
• 1:50:38
  Speaker 3: I did not.
• 1:50:38
  Speaker 1: Did you do anything for the bar?
• 1:50:42
  Speaker 5: As far as, like I said, I'm signed on the papers.
• 1:50:44
  Speaker 5: I was liable for the debt. That was owner sold.
• 1:50:47
  Speaker 3: It's owner financed.
• 1:50:48
  Speaker 1: All right, so but that was all you did, but
• 1:50:50
  Speaker 1: you never put any money towards it or had to
• 1:50:52
  Speaker 1: do anything?
• 1:50:53
  Speaker 3: No.
• 1:50:54
  Speaker 2: He's taking on the risk.
• 1:50:55
  Speaker 10: I mean, it doesn't matter. As long as she purchased
• 1:50:57
  Speaker 10: it with marital money and it wasn't from a separate
• 1:51:00
  Speaker 10: bank account from like an inheritance or prior to the marriage,
• 1:51:04
  Speaker 10: then he's golden.
• 1:51:06
  Speaker 1: Did she?
• 1:51:06
  Speaker 3: Well, like I said, it was owner financed.
• 1:51:09
  Speaker 1: All right.
• 1:51:10
  Speaker 5: Her father had to get her a $ 100, 000 loan. That
• 1:51:12
  Speaker 5: paid for the liquor license. The rest was financed through
• 1:51:15
  Speaker 5: the owner, so she's just making payments to the original owner.
• 1:51:19
  Speaker 10: Well, it sounds like marital property to me.
• 1:51:23
  Speaker 5: All right.
• 1:51:24
  Speaker 3: I like it.
• 1:51:24
  Speaker 1: Thank you very much. Well, you sound like you want
• 1:51:26
  Speaker 1: to go after her. What did she do to you?
• 1:51:28
  Speaker 1: I've got to know.
• 1:51:29
  Speaker 3: She cheated on me.
• 1:51:30
  Speaker 1: Oh, my God. Really?
• 1:51:32
  Speaker 5: Yeah, after 20 years.
• 1:51:34
  Speaker 2: I'm so sorry.
• 1:51:35
  Speaker 1: Why wouldn't? How did you find out? I love a
• 1:51:37
  Speaker 1: beautiful story. How did you ever catch her?
• 1:51:40
  Speaker 5: Well, it was a long story. It drug out for
• 1:51:42
  Speaker 5: about six months. She was treating me like total garbage.
• 1:51:46
  Speaker 5: You know, and I tried to do everything. And every
• 1:51:47
  Speaker 5: time I tried to help down at the bar, she's like,
• 1:51:49
  Speaker 5: I don't need your help. I'm going to handle this myself.
• 1:51:51
  Speaker 6: Right.
• 1:51:52
  Speaker 5: So she's like slowly pushing me away and slowly pushing
• 1:51:54
  Speaker 5: me away.
• 1:51:54
  Speaker 1: And then.
• 1:51:56
  Speaker 3: One day my son called me.
• 1:51:57
  Speaker 5: He's like, hey, I was looking at mom's location on maps.
• 1:52:01
  Speaker 5: It shows her at the bar, but it shows five
• 1:52:04
  Speaker 5: hours ago. So she obviously turned off her location. So
• 1:52:08
  Speaker 5: I left work that day, went down to go catch her,
• 1:52:12
  Speaker 5: and I called the bar, and the phones were in
• 1:52:14
  Speaker 5: her name. So when I called the bar, I was like, hey, Danny.
• 1:52:17
  Speaker 5: I'm sorry, I probably shouldn't have said names.
• 1:52:19
  Speaker 1: Go ahead, wait a minute, I'll take that off, go ahead.
• 1:52:21
  Speaker 3: Okay.
• 1:52:22
  Speaker 5: She said, they said, yeah, hello, hey, what's going on?
• 1:52:26
  Speaker 5: I'm like, oh, so she's not there? They're like, oh, no, sorry,
• 1:52:30
  Speaker 5: I thought you were her. I'm like... So she's not there.
• 1:52:32
  Speaker 5: They're like, oh, no, she stopped in for a few
• 1:52:34
  Speaker 5: minutes this morning and she left. So I was like, okay,
• 1:52:36
  Speaker 5: so she's out running around on me, and I hung
• 1:52:38
  Speaker 5: up the phone. She called me back about 20 minutes
• 1:52:41
  Speaker 5: later and, like, confronted me. Why would you say that
• 1:52:43
  Speaker 5: to one of my employees? I said, well, what is it?
• 1:52:47
  Speaker 5: She's like, yeah, I'm cheating on you. So I was like, okay, well,
• 1:52:50
  Speaker 5: that's all. I said, get your stuff and get out
• 1:52:51
  Speaker 5: of the house.
• 1:52:52
  Speaker 10: I'm sorry to hear that, sir.
• 1:52:53
  Speaker 13: I know.
• 1:52:55
  Speaker 5: After the six months of what I went through, I'm
• 1:52:57
  Speaker 5: totally fine with it. I told her to get out.
• 1:52:59
  Speaker 3: She left.
• 1:52:59
  Speaker 5: I got the kids.
• 1:53:01
  Speaker 2: I'm happy.
• 1:53:01
  Speaker 5: I'm a happy guy.
• 1:53:02
  Speaker 2: Sounds like you're doing great.
• 1:53:03
  Speaker 10: Yeah, it sounds like you're doing great, but definitely get
• 1:53:06
  Speaker 10: a skilled divorce attorney because if she makes more than
• 1:53:10
  Speaker 10: you with the bar and everything, maybe there's some spells
• 1:53:12
  Speaker 10: to support because 20 years is a long-term marriage.
• 1:53:14
  Speaker 1: Is the bar doing pretty good?
• 1:53:16
  Speaker 5: I have no idea. It wasn't for the first month
• 1:53:19
  Speaker 5: or so that she would let me come down there
• 1:53:21
  Speaker 5: and be part of things. But then she just slowly
• 1:53:25
  Speaker 5: pushed me away, and any time I tried to go
• 1:53:26
  Speaker 5: down there... Me and the kids would try to go.
• 1:53:29
  Speaker 3: Down for dinner.
• 1:53:30
  Speaker 5: It makes me uncomfortable when you bring them down here.
• 1:53:31
  Speaker 5: I'm like, well, I thought this was like a family thing.
• 1:53:34
  Speaker 5: You know, we were going to do this all together.
• 1:53:35
  Speaker 2: That's weird. I'm so sorry.
• 1:53:37
  Speaker 1: Well, maybe you'll get a portion of the bar and
• 1:53:39
  Speaker 1: you can make it a topless joint or something, you know.
• 1:53:41
  Speaker 10: Oh, my gosh.
• 1:53:44
  Speaker 5: I just like a little buy-on. I'd be happy.
• 1:53:46
  Speaker 1: All right. There you go. I'm just trying to help
• 1:53:47
  Speaker 1: the guy. Yes, Tally.
• 1:53:49
  Speaker 10: If these stories interest you, you realize that Mark and
• 1:53:52
  Speaker 10: I hear the same story every I don't care. About
• 1:53:55
  Speaker 10: 10 times a day.
• 1:53:56
  Speaker 1: I don't care. I could hear him 20 times a day.
• 1:53:58
  Speaker 10: That's what I'm saying. You should come drop shadow us
• 1:54:01
  Speaker 10: because you'll hear really interesting ones.
• 1:54:03
  Speaker 1: I mean, really, I should be a divorce attorney because
• 1:54:06
  Speaker 1: I mean, I love I love these stories.
• 1:54:08
  Speaker 2: I love some drama, but I think Ron should start
• 1:54:12
  Speaker 2: coming to the office like once a week for lunch.
• 1:54:14
  Speaker 3: Oh, yeah.
• 1:54:14
  Speaker 12: Just to hear.
• 1:54:15
  Speaker 10: We had Mark read text messages between clients, and it
• 1:54:18
  Speaker 10: was literally the funniest thing. I mean, if you enjoy
• 1:54:22
  Speaker 10: those stories, we get them multiple times a day. So
• 1:54:25
  Speaker 10: come on over in Job Shadow.
• 1:54:26
  Speaker 1: You know what bothers me? You want to hear this?
• 1:54:28
  Speaker 1: I mean, seriously. Now, here's a couple 20 years ago
• 1:54:31
  Speaker 1: that were so in love with each other, they decided
• 1:54:34
  Speaker 1: to get married and took these vows. And the sad
• 1:54:37
  Speaker 1: part about it really is that 20 years later, somebody
• 1:54:40
  Speaker 1: didn't live up to them in something terrible. Something happens.
• 1:54:42
  Speaker 3: It's terrible.
• 1:54:43
  Speaker 1: It is absolutely terrible. I mean, there's a sadness about it.
• 1:54:47
  Speaker 1: But I'm always intrigued on the stories of it, whether
• 1:54:51
  Speaker 1: it's the man or the woman and how they're ultimately
• 1:54:54
  Speaker 1: caught and where it goes from there. And hopefully he
• 1:55:00
  Speaker 1: gets his, I want to say, justice financially from it.
• 1:55:05
  Speaker 1: And then he sounds good to me. He's happy. He's
• 1:55:07
  Speaker 1: moving on with his life.
• 1:55:09
  Speaker 2: The guy sounds like he has a weight off his shoulder.
• 1:55:11
  Speaker 1: Right.
• 1:55:12
  Speaker 10: I'm happy for him if that's what he wanted. But, yeah,
• 1:55:15
  Speaker 10: if you ever want to come in for a day,
• 1:55:16
  Speaker 10: I'll give you all the stories.
• 1:55:18
  Speaker 1: I want to hear each and every one of them.
• 1:55:20
  Speaker 1: I love it. I'll just sit in with you. I'll
• 1:55:23
  Speaker 1: be co-counsel.
• 1:55:24
  Speaker 10: Your mouth would probably drop to the floor at least
• 1:55:27
  Speaker 10: three times a day.
• 1:55:28
  Speaker 1: I'll be there. All right. 543 with our attorneys. You're
• 1:55:33
  Speaker 1: on the air tonight. Hello there.
• 1:55:37
  Speaker 3: Hello.
• 1:55:37
  Speaker 1: Caller, are you there? on line five. They wouldn't know that, though.
• 1:55:41
  Speaker 1: I'll put them back on hold. Wait a second. You're
• 1:55:45
  Speaker 1: on the air.
• 1:55:45
  Speaker 6: Hello. Hello.
• 1:55:47
  Speaker 1: Yes, sir. Go ahead.
• 1:55:49
  Speaker 3: Well, I bought the.
• 1:55:50
  Speaker 14: House that I'm in now. The house that I previously
• 1:55:54
  Speaker 14: lived in, I did not realize that there was a
• 1:55:56
  Speaker 14: time limit on selling it. So I bought this house
• 1:56:02
  Speaker 14: that I'm in now, and I had the other one,
• 1:56:03
  Speaker 14: and I put my mother in that house, and she
• 1:56:06
  Speaker 14: stayed in there for five years until she passed. And
• 1:56:09
  Speaker 14: my daughter decided that she wanted to stay in there.
• 1:56:12
  Speaker 14: So I didn't think there was any time limit that
• 1:56:16
  Speaker 14: you had.
• 1:56:16
  Speaker 16: To sell this thing.
• 1:56:18
  Speaker 14: Well, I put her in the will as getting that
• 1:56:21
  Speaker 14: house when I passed. And now she says that she
• 1:56:26
  Speaker 14: thinks she wants to move back to Ashland because she's
• 1:56:29
  Speaker 14: done here. So she's going to move back to Ashland.
• 1:56:32
  Speaker 14: And I says, well, I guess you're not going to
• 1:56:34
  Speaker 14: want the house, so we'll just sell it. and I'll
• 1:56:38
  Speaker 14: just give you the money and you can go back
• 1:56:39
  Speaker 14: to Ashland with it. So I find out that I
• 1:56:44
  Speaker 14: have to pay capital gains tax because there's some kind
• 1:56:47
  Speaker 14: of a five-year limit. You've got to live in the house.
• 1:56:51
  Speaker 1: For two out of the last five years. You're talking about, Tally,
• 1:56:54
  Speaker 1: I think he's talking about like if he would have
• 1:56:58
  Speaker 1: sold it when he was living in it and then
• 1:56:59
  Speaker 1: rolled that money into the next house, he would have
• 1:57:02
  Speaker 1: benefited versus what he's doing now.
• 1:57:04
  Speaker 2: Like time exchange.
• 1:57:05
  Speaker 3: Yes.
• 1:57:05
  Speaker 2: 1039 Lake County Exchange.
• 1:57:07
  Speaker 23: Yep.
• 1:57:08
  Speaker 1: Which you don't qualify now.
• 1:57:10
  Speaker 2: You don't qualify.
• 1:57:11
  Speaker 26: Right.
• 1:57:11
  Speaker 14: But there's other things, too. And I talked to one
• 1:57:14
  Speaker 14: lawyer already, and he said something about if I earned
• 1:57:17
  Speaker 14: less than like $ 49, 000 a year or something like that,
• 1:57:22
  Speaker 14: that I'd be forgiven up to like $ 250, 000.
• 1:57:25
  Speaker 1: You know what you need is a good CPA like
• 1:57:29
  Speaker 1: Andrew Smith. Is that what I need? I need a CPA?
• 1:57:33
  Speaker 1: A CPA, yep. That's what you need.
• 1:57:35
  Speaker 6: Okay.
• 1:57:36
  Speaker 14: Because I thought that my only hope was going to
• 1:57:38
  Speaker 14: be something called an early inheritance or a lifetime gifting.
• 1:57:42
  Speaker 14: And I guess I can gift my daughter, you know,
• 1:57:45
  Speaker 14: and she can inherit the house from me even though
• 1:57:47
  Speaker 14: I'm still alive. And then I wouldn't have to pay
• 1:57:53
  Speaker 14: whatever the heck this is.
• 1:57:54
  Speaker 2: Capital gains tax.
• 1:57:55
  Speaker 10: Capital gains tax, yeah.
• 1:57:58
  Speaker 1: Well, then see an estate attorney. Ask an estate attorney.
• 1:58:02
  Speaker 3: Okay. Estate attorney.
• 1:58:04
  Speaker 24: Yep.
• 1:58:05
  Speaker 2: All righty.
• 1:58:06
  Speaker 3: I will do that.
• 1:58:07
  Speaker 1: All right.
• 1:58:08
  Speaker 3: Hope it works.
• 1:58:08
  Speaker 1: Why is your daughter going back there?
• 1:58:11
  Speaker 14: Well, she's in North Kingsville right now, Ashtabula. But she's
• 1:58:15
  Speaker 14: moving back to Ashland because that's where her husband lives.
• 1:58:19
  Speaker 14: But she wanted to stay here because my grandson, her son,
• 1:58:22
  Speaker 14: was going to school here in Conneaut. He went back
• 1:58:25
  Speaker 14: to Ashland to work in his restaurant. And my daughter
• 1:58:29
  Speaker 14: stayed here so she could be with her son. So
• 1:58:32
  Speaker 14: now he's graduating this year.
• 1:58:34
  Speaker 3: So that's over with.
• 1:58:36
  Speaker 14: So she wanted to go back to Ashland and be
• 1:58:38
  Speaker 14: with her husband all the time. So what was the question?
• 1:58:44
  Speaker 1: I'm not sure. I'm sitting here wondering. If your daughter
• 1:58:47
  Speaker 1: wasn't married to the guy who called two or three
• 1:58:48
  Speaker 1: calls ago. I'm just curious. No.
• 1:58:52
  Speaker 10: Ron just likes all the dirty details. He needs to
• 1:58:54
  Speaker 10: know everybody's life story.
• 1:58:55
  Speaker 1: I really do. I'm fascinated by the human adventure. But, okay.
• 1:59:01
  Speaker 1: Did they answer your question significantly, sir?
• 1:59:04
  Speaker 5: Yeah.
• 1:59:04
  Speaker 14: Now, what was that attorney again?
• 1:59:06
  Speaker 3: Estate.
• 1:59:07
  Speaker 10: An estate attorney.
• 1:59:08
  Speaker 3: Estate.
• 1:59:08
  Speaker 16: Okay.
• 1:59:09
  Speaker 25: Right. Okay.
• 1:59:11
  Speaker 1: You know, there's many of them. Johnson & Johnson, Megan DiLoretto,
• 1:59:15
  Speaker 1: I can name a number of them, okay?
• 1:59:17
  Speaker 10: His name.
• 1:59:17
  Speaker 25: All right.
• 1:59:18
  Speaker 3: Yep.
• 1:59:19
  Speaker 1: There you go.
• 1:59:20
  Speaker 6: Thank you very much.
• 1:59:20
  Speaker 1: All right. News Radio 570 WKBN. Onward we go.
• 1:59:22
  Speaker 14: 330-729-9977.
• 1:59:22
  Speaker 24: 330-729-9977.
• 1:59:22
  Speaker 14: 330-729-9977.
• 1:59:22
  Speaker 1: We'll get you through to us with any legal questions
• 1:59:24
  Speaker 1: you have for our attorneys. They're going to be here
• 1:59:26
  Speaker 1: tonight until 6 o'clock. And I have two lines in
• 1:59:40
  Speaker 1: Youngstown open if you wish to talk to them. The
• 1:59:42
  Speaker 1: time is now. I give you free legal advice. You know,
• 1:59:46
  Speaker 1: on Monday through Wednesday, you would have to pay a bill.
• 1:59:48
  Speaker 1: On Thursday for one hour, we give you free legal
• 1:59:51
  Speaker 1: advice and we don't send you a bill and try
• 1:59:53
  Speaker 1: to point you in the right direction. So if you've
• 1:59:55
  Speaker 1: got a legal question, call me right now, 330-729-9977.
• 1:59:57
  Speaker 24: 330-729-9977.
• 1:59:57
  Speaker 1: We'll get you through to us. You know, it's 59 degrees,
• 2:00:06
  Speaker 1: and they say on Monday, guys, it's going to be
• 2:00:09
  Speaker 1: almost 90. Can you imagine the difference we're going to
• 2:00:11
  Speaker 1: have in a few days, temperature-wise?
• 2:00:13
  Speaker 2: I can't wait.
• 2:00:15
  Speaker 3: Really?
• 2:00:17
  Speaker 1: For 90-degree temperatures? Okay.
• 2:00:19
  Speaker 10: My pool's open now.
• 2:00:21
  Speaker 2: You can keep 90. Really? I'm kind of like the
• 2:00:26
  Speaker 2: cooler weather.
• 2:00:26
  Speaker 1: 70, I can take that as well. But has Tally
• 2:00:30
  Speaker 1: been up on the boat yet on the USS Dave?
• 2:00:33
  Speaker 10: I sure have been on USS Dave last year for
• 2:00:36
  Speaker 10: the air show.
• 2:00:37
  Speaker 3: Okay.
• 2:00:38
  Speaker 1: James, have you been on it?
• 2:00:40
  Speaker 2: Not this year. Not last year.
• 2:00:43
  Speaker 1: Based on how you're torturing him with all these pictures
• 2:00:45
  Speaker 1: and everything, if I was you, I'd always make sure
• 2:00:48
  Speaker 1: you have a life vest on underneath your shirt.
• 2:00:51
  Speaker 2: I think I'm.
• 2:00:51
  Speaker 10: Slowly becoming Dave's favorite.
• 2:00:53
  Speaker 2: Well, that's really not hard.
• 2:00:55
  Speaker 10: No, you know what? Every time, he's like, you're doing
• 2:00:58
  Speaker 10: so great. Your TikTok is so great. You're the attorney
• 2:01:01
  Speaker 10: with the most five stars. And he doesn't yell at
• 2:01:04
  Speaker 10: me anymore.
• 2:01:04
  Speaker 2: Well, because Frank and I constantly make fun of him.
• 2:01:08
  Speaker 10: Yeah, so maybe I'm just being nice to him.
• 2:01:09
  Speaker 2: You're nice to him.
• 2:01:10
  Speaker 10: I am nice.
• 2:01:11
  Speaker 2: He's fragile.
• 2:01:11
  Speaker 10: I'm nice to everyone.
• 2:01:12
  Speaker 2: He's fragile.
• 2:01:13
  Speaker 1: And where is the great one himself, Attorney Cassis?
• 2:01:17
  Speaker 2: I mean, he's... Attorney Cassis is..
• 2:01:20
  Speaker 10: Playing baseball.
• 2:01:21
  Speaker 2: Coach's pitch tonight.
• 2:01:21
  Speaker 21: Yeah.
• 2:01:22
  Speaker 6: Isn't?
• 2:01:24
  Speaker 1: What a great father. What a great attorney. What an
• 2:01:26
  Speaker 1: overall great guy. I just say that to get on
• 2:01:29
  Speaker 1: Dave's nerves.
• 2:01:29
  Speaker 10: We do love Frank.
• 2:01:30
  Speaker 1: We do love Frank. You're on the air..
• 2:01:32
  Speaker 3: Hello. All right, sir.
• 2:01:33
  Speaker 7: Hey, guys, I just have a question about some severed
• 2:01:37
  Speaker 7: mineral rights.
• 2:01:39
  Speaker 16: I may have.
• 2:01:41
  Speaker 7: Bought a property that the mineral rights have been severed.
• 2:01:44
  Speaker 7: I've bought several properties, and it's my understanding that they
• 2:01:47
  Speaker 7: need to disclose stuff like that. I don't remember signing
• 2:01:51
  Speaker 7: the disclosure. Do I have any recourse seven months down
• 2:01:55
  Speaker 7: the road?
• 2:01:56
  Speaker 2: Hold on, hold on. Let's unpack this a little bit.
• 2:01:58
  Speaker 2: You bought a piece of property that you thought had
• 2:02:01
  Speaker 2: mineral rights?
• 2:02:01
  Speaker 3: Yes.
• 2:02:02
  Speaker 7: Yeah, I didn't realize.
• 2:02:04
  Speaker 2: Was it marketed with mineral rights?
• 2:02:06
  Speaker 9: Say that again?
• 2:02:08
  Speaker 2: Was it marketed with mineral rights?
• 2:02:11
  Speaker 7: It was not marketed with mineral rights, but it's just
• 2:02:15
  Speaker 7: a residential property.
• 2:02:16
  Speaker 3: It was five acres. Okay.
• 2:02:20
  Speaker 2: How were you under the assumption that it had mineral
• 2:02:22
  Speaker 2: rights then?
• 2:02:24
  Speaker 7: Is it the assumption these days? I'm not more versed
• 2:02:27
  Speaker 7: in this. Is it the assumption these days that a
• 2:02:29
  Speaker 7: property does not have mineral rights when you buy it?
• 2:02:31
  Speaker 7: Is that the common assumption now?
• 2:02:35
  Speaker 10: I mean, yeah, unless it's specified. I'm a little confused.
• 2:02:41
  Speaker 10: You don't remember signing anything? Like were you told, hey,
• 2:02:44
  Speaker 10: it has mineral rights and you need to sign off
• 2:02:47
  Speaker 10: or what?
• 2:02:48
  Speaker 7: I was under the impression at the time of the
• 2:02:51
  Speaker 7: deed and the signing that you would be informed if
• 2:02:54
  Speaker 7: mineral rights were ever severed from the property, that that's
• 2:02:57
  Speaker 7: an additional disclosure.
• 2:03:01
  Speaker 10: I don't think so. I think you have to disclose anything.
• 2:03:04
  Speaker 3: Not necessarily.
• 2:03:05
  Speaker 7: So it is common to buy property these days without
• 2:03:08
  Speaker 7: mineral rights then?
• 2:03:10
  Speaker 1: I would say the answer is yes.
• 2:03:13
  Speaker 2: I know I don't have mineral rights in my house.
• 2:03:16
  Speaker 7: My next question is I've got seismic people asking to
• 2:03:21
  Speaker 7: put seismic meters on my property. If I don't own
• 2:03:24
  Speaker 7: the mineral rights and they're working with someone who does,
• 2:03:29
  Speaker 7: I'm getting a feeling I have pretty much no recourse
• 2:03:32
  Speaker 7: to have anything done about it.
• 2:03:35
  Speaker 2: So I have a feeling somebody's trying to drill. Are
• 2:03:38
  Speaker 2: they trying to drill natural gas?
• 2:03:40
  Speaker 25: Yep.
• 2:03:41
  Speaker 7: My property's down in Wintersville, so there's a lot of
• 2:03:44
  Speaker 7: natural gas down there.
• 2:03:45
  Speaker 3: There's a lot of vacant land.
• 2:03:46
  Speaker 13: Oh, man.
• 2:03:47
  Speaker 7: I'm beside a property that's a big, huge acreage, and
• 2:03:52
  Speaker 7: I think they're surveying for 60,000, 60 or 600,000 acres.
• 2:03:54
  Speaker 7: I'm not sure which it was. And so I don't
• 2:04:00
  Speaker 7: want a bunch of equipment.
• 2:04:02
  Speaker 14: On my property.
• 2:04:02
  Speaker 3: I really don't.
• 2:04:04
  Speaker 1: How many acres do you have?
• 2:04:06
  Speaker 7: I have five.
• 2:04:07
  Speaker 3: Okay.
• 2:04:10
  Speaker 2: Do they have to get, so they want to put
• 2:04:13
  Speaker 2: the meters on your property?
• 2:04:15
  Speaker 3: Yes.
• 2:04:17
  Speaker 2: Maybe work out an easement with them.
• 2:04:19
  Speaker 3: Right now it's a request.
• 2:04:22
  Speaker 7: And they want to pay me for it.
• 2:04:24
  Speaker 2: Tell them you want paid.
• 2:04:25
  Speaker 10: Yeah, tell them you definitely want freaking paid. But if
• 2:04:28
  Speaker 10: it's just a request right now.
• 2:04:30
  Speaker 7: That's not very much.
• 2:04:32
  Speaker 10: That's not that exciting.
• 2:04:33
  Speaker 2: Yeah, tell them no.
• 2:04:34
  Speaker 7: Yeah, if it was a lot of money, I would
• 2:04:38
  Speaker 7: surely say yes.
• 2:04:39
  Speaker 2: In a scenario, if you had the mineral rights and
• 2:04:42
  Speaker 2: there was gas, potentially they'd pay you a lot of
• 2:04:46
  Speaker 2: money to come in and extract that, but But you
• 2:04:50
  Speaker 2: own the property, so... Go back to your disclosure forms
• 2:04:53
  Speaker 2: when you closed on the property.
• 2:04:55
  Speaker 10: And see what it says in there. And then right now,
• 2:04:57
  Speaker 10: if you don't want it on your property, you say no.
• 2:04:59
  Speaker 2: Because it'd be disclosed to you. That could be in
• 2:05:02
  Speaker 2: the disclosure form where they disclose any leases or any
• 2:05:05
  Speaker 2: encumbrances on the property. Go back to your disclosure forms.
• 2:05:08
  Speaker 25: Yeah.
• 2:05:09
  Speaker 7: Yeah, I just found out about it. My wife is
• 2:05:11
  Speaker 7: trying to look for them now, so... We just moved
• 2:05:13
  Speaker 7: into the place seven months ago, and God knows where
• 2:05:16
  Speaker 7: we're like, I can't find them.
• 2:05:18
  Speaker 14: Oh, no.
• 2:05:20
  Speaker 2: If they were marketed for mineral rights, you could potentially
• 2:05:23
  Speaker 2: have a claim. But if it was all disclosed to
• 2:05:25
  Speaker 2: you in disclosure forms, I know what everybody does when
• 2:05:28
  Speaker 2: at a closing. They look at it. They don't read it.
• 2:05:31
  Speaker 2: They sign it.
• 2:05:33
  Speaker 7: I spent 10 years in real estate, I know.
• 2:05:35
  Speaker 3: So, yeah, I know.
• 2:05:38
  Speaker 7: I was a mortgage lender.
• 2:05:40
  Speaker 2: Okay.
• 2:05:43
  Speaker 1: You get it. I got advice for you that's not
• 2:05:45
  Speaker 1: legal advice, but since you were a lender and you
• 2:05:48
  Speaker 1: can't find your papers and all that kind of stuff,
• 2:05:50
  Speaker 1: maybe you've never heard of this, but are you ready
• 2:05:52
  Speaker 1: for it? Yeah. It's called a filing cabinet. You go
• 2:05:56
  Speaker 1: like to Staples and you take your important papers and
• 2:05:59
  Speaker 1: you put them in a file and you put them
• 2:06:01
  Speaker 1: in a filing cabinet.
• 2:06:02
  Speaker 7: Ron, I know, I know, I know. I'm sure they're
• 2:06:05
  Speaker 7: around the house somewhere.
• 2:06:06
  Speaker 1: Sure, they're somewhere, but you just don't know where.
• 2:06:09
  Speaker 7: Yeah, I've got to find them.
• 2:06:11
  Speaker 1: All right.
• 2:06:11
  Speaker 7: I wasn't aware of the commonality of mineral rights not
• 2:06:15
  Speaker 7: being sold with a property. Well, it doesn't make me–
• 2:06:17
  Speaker 7: if that's the case, I don't feel so bad because
• 2:06:19
  Speaker 7: if I go to sell it because I don't want
• 2:06:21
  Speaker 7: to have this headache, then it's still common to sell
• 2:06:24
  Speaker 7: it without the mineral rights anyway.
• 2:06:27
  Speaker 2: It'll be disclosed in the forms.
• 2:06:29
  Speaker 8: Yeah.
• 2:06:30
  Speaker 3: Okay.
• 2:06:30
  Speaker 2: It should be in the title. That would all be
• 2:06:32
  Speaker 2: in the title. When you get title insurance and they
• 2:06:34
  Speaker 2: do all.
• 2:06:35
  Speaker 3: The– It should be on the title report.
• 2:06:36
  Speaker 4: Yeah.
• 2:06:37
  Speaker 6: Yep.
• 2:06:38
  Speaker 9: All righty.
• 2:06:39
  Speaker 1: Thanks.
• 2:06:39
  Speaker 12: Thank you.
• 2:06:39
  Speaker 2: That's why you buy title insurance.
• 2:06:41
  Speaker 1: Yeah. That's why you buy a filing cabinet, too, just
• 2:06:44
  Speaker 1: as a side note.
• 2:06:46
  Speaker 10: Fireproof one.
• 2:06:48
  Speaker 1: Well, you know, you just get a couple of drawers,
• 2:06:49
  Speaker 1: you put it in there, and you can always find
• 2:06:51
  Speaker 1: the stuff that you're looking for.
• 2:06:52
  Speaker 2: I keep the filing cabinet away from my wife, and
• 2:06:57
  Speaker 2: I know where everything is.
• 2:06:58
  Speaker 25: Right.
• 2:06:58
  Speaker 1: That's just like people that do everything online. Well, don't
• 2:07:01
  Speaker 1: get any statements in the mail. That's all well and good,
• 2:07:03
  Speaker 1: as long as you make sure if you die suddenly,
• 2:07:05
  Speaker 1: somebody can get into your email and knows your passwords.
• 2:07:09
  Speaker 1: So that they can find accounts that they maybe don't
• 2:07:11
  Speaker 1: know that you have if you're not getting paper statements.
• 2:07:13
  Speaker 2: I mean, when you go file your taxes, all your
• 2:07:16
  Speaker 2: 1099s are, you have to go download them.
• 2:07:20
  Speaker 3: Yeah.
• 2:07:20
  Speaker 2: But then I save them and print them and put
• 2:07:22
  Speaker 2: them in a cabinet.
• 2:07:23
  Speaker 3: Right.
• 2:07:24
  Speaker 1: So Mrs. James, if anything unexpectedly would happen to you,
• 2:07:28
  Speaker 1: like when you're out on a Beatrice boat and you
• 2:07:30
  Speaker 1: have a terrible accident, she would be taken care of.
• 2:07:35
  Speaker 2: She would do just fine.
• 2:07:37
  Speaker 1: I'm sure she would find a much younger guy and
• 2:07:39
  Speaker 1: probably more successful. There's no doubt in my mind.
• 2:07:42
  Speaker 21: Probably.
• 2:07:42
  Speaker 1: Yeah, probably.
• 2:07:43
  Speaker 2: I don't know if she'd ever get remarried, maybe.
• 2:07:45
  Speaker 1: I tell her that all the time. Yeah, probably after this.
• 2:07:47
  Speaker 2: So what are you going to do? You're going to
• 2:07:48
  Speaker 2: get remarried and go enjoy everything with somebody else?
• 2:07:51
  Speaker 25: Sure.
• 2:07:51
  Speaker 1: That's usually what they do. Tally knows it. She sees
• 2:07:53
  Speaker 1: it every day.
• 2:07:55
  Speaker 10: I'm trying not to laugh.
• 2:07:57
  Speaker 1: All right. You're on the air.
• 2:07:58
  Speaker 3: Hello.
• 2:07:59
  Speaker 21: Hi.
• 2:08:00
  Speaker 6: I have a dog question.
• 2:08:02
  Speaker 1: All right.
• 2:08:03
  Speaker 4: So my dog, the neighbor girl, I live in the city,
• 2:08:06
  Speaker 4: and my yard stand is gated.
• 2:08:09
  Speaker 16: And the neighbor girl.
• 2:08:10
  Speaker 7: Ever since she was, like, five, like, throws sticks, picks
• 2:08:13
  Speaker 7: on my dog, and.
• 2:08:14
  Speaker 16: Teases my dog. Her mom never said anything.
• 2:08:17
  Speaker 9: Now my dog hates her.
• 2:08:19
  Speaker 10: I'm worried about her.
• 2:08:20
  Speaker 16: Now she's, like, 11.
• 2:08:21
  Speaker 6: My dog's older.
• 2:08:23
  Speaker 3: If she touches my.
• 2:08:24
  Speaker 5: Fence, which is not on the property line, as I
• 2:08:26
  Speaker 5: left it two-foot.
• 2:08:27
  Speaker 16: Space for a reason, am I liable? Because my dog
• 2:08:31
  Speaker 16: will bite her, and she gets the opportunity, but she
• 2:08:33
  Speaker 16: won't get out of my fence because I'm responsible.
• 2:08:36
  Speaker 3: Exactly. All right.
• 2:08:37
  Speaker 2: So in Ohio, there is no one bite rule. In Ohio,
• 2:08:41
  Speaker 2: if a dog bites, you are strictly liable. Now, it
• 2:08:46
  Speaker 2: becomes a little more difficult of a civil case when
• 2:08:49
  Speaker 2: you are a trespasser.
• 2:08:50
  Speaker 10: Yeah, I was going to say she's trespassing technically.
• 2:08:53
  Speaker 2: Or teasing, tormenting, or beating the dog.
• 2:08:57
  Speaker 10: Do you have any signs?
• 2:08:58
  Speaker 21: I'm just curious.
• 2:09:00
  Speaker 16: I just say dog.
• 2:09:01
  Speaker 9: It just says dog on premises.
• 2:09:03
  Speaker 5: But I have footage of her hitting my fence with
• 2:09:06
  Speaker 5: sticks from my camera. So, you know what I mean?
• 2:09:10
  Speaker 7: I feel like that's enough, right?
• 2:09:12
  Speaker 2: What kind of dog do you have?
• 2:09:14
  Speaker 16: It's a Colony Corso.
• 2:09:18
  Speaker 1: A what?
• 2:09:18
  Speaker 16: You know, an Italian Mastiff.
• 2:09:19
  Speaker 2: It looks like a 120-pound dog. Yeah, it's a 150-pound
• 2:09:23
  Speaker 2: dog from the Sandlot. Do you have good insurance?
• 2:09:26
  Speaker 1: Do you have insurance?
• 2:09:28
  Speaker 2: Do you have good insurance?
• 2:09:30
  Speaker 21: I have homeowners, and my dog is on a rider.
• 2:09:34
  Speaker 16: And like I said, I have a fence, and she's
• 2:09:36
  Speaker 16: not mean. She just doesn't like.
• 2:09:37
  Speaker 1: That little girl. Let me ask you a question. Hold on, caller.
• 2:09:41
  Speaker 21: Hold on.
• 2:09:42
  Speaker 1: How old is this little girl?
• 2:09:44
  Speaker 16: Well, now I think she's like 11.
• 2:09:46
  Speaker 18: But she's been teasing her for less.
• 2:09:47
  Speaker 1: All right.
• 2:09:48
  Speaker 2: All right.
• 2:09:49
  Speaker 1: Sit tight for a second. Just sit tight for a second. Attorney,
• 2:09:53
  Speaker 1: so you've got an 11-year-old girl. She's doing this to
• 2:09:56
  Speaker 1: the dog and everything. If that dog would get over
• 2:09:58
  Speaker 1: that fence or attack that girl— You and I both
• 2:10:01
  Speaker 1: know you would agree that the girl would have a
• 2:10:05
  Speaker 1: good case, would you not?
• 2:10:06
  Speaker 2: Yes, she would. That's why I said if good you
• 2:10:09
  Speaker 2: have homeowners, you probably don't have enough.
• 2:10:12
  Speaker 3: Yeah.
• 2:10:12
  Speaker 1: But what I'm saying is I'm a little worried about
• 2:10:15
  Speaker 1: my dog leaving the fence, though.
• 2:10:17
  Speaker 16: Like, I'm more.
• 2:10:18
  Speaker 6: Concerned about her.
• 2:10:20
  Speaker 3: Well.
• 2:10:20
  Speaker 26: Touching or being leaning on my fence or touching my fence.
• 2:10:24
  Speaker 3: Well.
• 2:10:24
  Speaker 16: She's standing in my yard.
• 2:10:26
  Speaker 1: You better be. Two feet between their yard and my fence.
• 2:10:29
  Speaker 16: She'd be standing in my yard.
• 2:10:30
  Speaker 2: All right.
• 2:10:30
  Speaker 1: I'm running out of time. Get some.
• 2:10:32
  Speaker 16: Get inside of the fence.
• 2:10:33
  Speaker 1: She's 11 years old. She's a little kid. All right.
• 2:10:37
  Speaker 25: Yeah.
• 2:10:37
  Speaker 3: Trust me.
• 2:10:38
  Speaker 2: You are.
• 2:10:44
  Speaker 17: From ABC News, I'm Michelle Branson. Access to a popular
• 2:10:48
  Speaker 17: abortion pill was preserved today. The Supreme Court allowing the
• 2:10:51
  Speaker 17: abortion pill Mifepristone to be available without an in-person doctor visit,
• 2:10:56
  Speaker 17: keeping on hold a lower court order that would have
• 2:10:58
  Speaker 17: restricted the drug's availability. The case, out of Louisiana, ABC's
• 2:11:02
  Speaker 17: Devin Dwyer has details.
• 2:11:04
  Speaker 11: People have been able to access the pill online from
• 2:11:07
  Speaker 11: a doctor, from a provider, get it in the mail.
• 2:11:09
  Speaker 11: It is the most commonly formed method of abortion in
• 2:11:12
  Speaker 11: the United States. We're told one in four women who...
• 2:11:15
  Speaker 11: Get an abortion today. Get the medication from telemedicine. It's
• 2:11:18
  Speaker 11: just how it's gone.
• 2:11:19
  Speaker 17: In China, final talks taking place in a few hours
• 2:11:22
  Speaker 17: in the summit between President Trump and President Xi. Both
• 2:11:25
  Speaker 17: leaders met earlier. Chinese state media reports Xi warned Taiwan
• 2:11:29
  Speaker 17: is the most important issue for U.S.-China relations, and if
• 2:11:33
  Speaker 17: handled improperly, there could be clashes. Talks also centered on
• 2:11:36
  Speaker 17: the Iran war and trade talks continue. ABC's Selena Wang
• 2:11:40
  Speaker 17: is in Beijing.
• 2:11:40
  Speaker 19: There are still areas of discussion that have yet to
• 2:11:43
  Speaker 19: be ironed out. We heard the Treasury Secretary say that
• 2:11:46
  Speaker 19: there will be talks around, for instance, artificial intelligence, setting
• 2:11:49
  Speaker 19: up guardrails, how to avoid the worst-case scenario.
• 2:11:52
  Speaker 1: He also said the two leaders.
• 2:11:53
  Speaker 19: Will be talking about setting up a board of trade
• 2:11:56
  Speaker 19: and investment. This is to facilitate Chinese investments in the U.S.
• 2:12:00
  Speaker 19: in less sensitive, non-strategic areas. And the White House has
• 2:12:04
  Speaker 19: talked about how they want China to make purchasing commitments
• 2:12:07
  Speaker 19: to buy more American food, energy, and planes.
• 2:12:10
  Speaker 17: Americans kept up spending in April, but at a slower pace,
• 2:12:13
  Speaker 17: according to the latest retail sales report. Concerns over the
• 2:12:17
  Speaker 17: war increasing along with prices on goods rising. Weekly jobless
• 2:12:21
  Speaker 17: claims continuing to rise.
• 2:12:23
  Speaker 28: The number of people filing their first claims for state
• 2:12:26
  Speaker 28: jobless benefits rose by 12,000 last week to 211,000 altogether.
• 2:12:31
  Speaker 28: That's more than double what employment analysts were anticipating. The
• 2:12:34
  Speaker 28: overall number of people receiving some kind of unemployment has
• 2:12:37
  Speaker 28: slipped a little to 1.7 million.
• 2:12:40
  Speaker 17: ABC's Jim Ryan. You're listening to ABC News.
• 2:12:45
  Speaker 1: I can think of nothing more interesting than talking about money.
• 2:12:48
  Speaker 1: Making it. What to do with it. Money in so
• 2:12:51
  Speaker 1: many aspects of it, folks. We're all affected by it. Inflation.
• 2:12:56
  Speaker 1: Cost of gasoline. Where's the economy heading? What about stocks
• 2:13:01
  Speaker 1: and bonds and annuities? Making money. Retiring and staying even
• 2:13:06
  Speaker 1: with the demands. There's so much to talk about when
• 2:13:10
  Speaker 1: it comes to money, money, money. There's one guy that's
• 2:13:14
  Speaker 1: going to Tell it like it is. Here he is,
• 2:13:18
  Speaker 1: John Arnold. Hello, John.
• 2:13:19
  Speaker 16: Hey, Ron.
• 2:13:20
  Speaker 3: How are you?
• 2:13:21
  Speaker 1: I am well. I always enjoy talking about that great
• 2:13:25
  Speaker 1: topic of money. And I always like to get your
• 2:13:29
  Speaker 1: opinion about the current situation and your input from the
• 2:13:34
  Speaker 1: very beginning of our program. Market conditions.
• 2:13:37
  Speaker 16: Well, thank you.
• 2:13:38
  Speaker 3: Yeah, well, let me hit the disclosure real quick. The
• 2:13:41
  Speaker 3: Money Talk show is for informational purposes. In educational purposes only,
• 2:13:45
  Speaker 3: John Arnold is not currently a registered investment advisor and
• 2:13:49
  Speaker 3: nothing on this show is personalized investment advice. Please consult
• 2:13:52
  Speaker 3: your own licensed financial and or tax professional before making
• 2:13:55
  Speaker 3: any investing decisions. All investing involves the risk of loss
• 2:14:00
  Speaker 3: of principal. That's it. You can go to work. All right.
• 2:14:03
  Speaker 1: Analysis, please.
• 2:14:06
  Speaker 12: Wow.
• 2:14:07
  Speaker 3: Big picture today. The market showed a ton of resistance today,
• 2:14:12
  Speaker 3: even with the oil crisis and the inflation crisis. And
• 2:14:15
  Speaker 3: that's an opinionating thing. That's me talking. I guess the
• 2:14:21
  Speaker 3: potential talks in China, no one knows, are going really
• 2:14:25
  Speaker 3: well between Trump and Xi. And hopefully he's going to
• 2:14:29
  Speaker 3: bring back some good news and we've got more of
• 2:14:31
  Speaker 3: an ally than an enemy in China. So Markets like that.
• 2:14:35
  Speaker 3: The S & P closed 7,444, up about 0.5%, another
• 2:14:38
  Speaker 3: record high. NASDAQ up 1.2%, 26,402, another record high. And
• 2:14:43
  Speaker 3: the Dow Jones was softer a little bit. It went
• 2:14:45
  Speaker 3: up a little bit at 49,693. I mean, it did
• 2:14:57
  Speaker 3: cross in the middle of the day, that $ 50, 000 mark,
• 2:15:00
  Speaker 3: but it came back down before the close. But overall,
• 2:15:03
  Speaker 3: hell of a day. I had a crazy day in
• 2:15:07
  Speaker 3: my trading account today, the first time ever. No, this
• 2:15:10
  Speaker 3: is the third time ever I've made more than $ 100, 000
• 2:15:12
  Speaker 3: in one day in my account, just day trading. And
• 2:15:17
  Speaker 3: that's an account, by the way, that I just use
• 2:15:20
  Speaker 3: for day trading, and I don't advise people doing that
• 2:15:23
  Speaker 3: that are inexperienced, but I mean, I'm in a good mood.
• 2:15:28
  Speaker 3: I just had a superior day today.
• 2:15:29
  Speaker 1: The great thing I love, though, folks, I'm just going
• 2:15:31
  Speaker 1: to tell all of you this. The thing that I
• 2:15:34
  Speaker 1: love about John Arnold is John Arnold would be the
• 2:15:35
  Speaker 1: first one to tell you, incidentally, when he loses $ 100, 000
• 2:15:38
  Speaker 1: or $ 150, 000. Right, John? I mean, tell many of these people,
• 2:15:44
  Speaker 1: and I've seen them all my life. They always tell me, boy,
• 2:15:47
  Speaker 1: you know, I won this much in the lottery or
• 2:15:50
  Speaker 1: I won this much sports gambling. They always tell me
• 2:15:52
  Speaker 1: about the wins. They never tell me about the losses.
• 2:15:55
  Speaker 1: John Arnold tells you about the wins and the losses.
• 2:15:59
  Speaker 3: Well, let me tell you about the significant loss I
• 2:16:01
  Speaker 3: had in that account. Thankfully, I bought it back up
• 2:16:04
  Speaker 3: and it's profitable again, but I lost over a million
• 2:16:06
  Speaker 3: dollars in that account in March. I got destroyed on
• 2:16:10
  Speaker 3: silver and I got a short squeeze on a VIX
• 2:16:13
  Speaker 3: component that I was shorting in March. We're going to
• 2:16:15
  Speaker 3: talk about a short squeeze here probably by the end
• 2:16:17
  Speaker 3: of the show, which is by far the riskiest thing
• 2:16:20
  Speaker 3: you can do. But, you know, it has not always
• 2:16:23
  Speaker 3: been silver and gold. There's times where I just hit
• 2:16:26
  Speaker 3: it great. I think I hit 190,000. in games a
• 2:16:31
  Speaker 3: couple days ago. It was a crazy trading day. Oh,
• 2:16:34
  Speaker 3: it was when supposedly the Iran-American War was over, and
• 2:16:39
  Speaker 3: it really isn't, as we know. But that day, it
• 2:16:42
  Speaker 3: was purported that it was, and I just made a
• 2:16:44
  Speaker 3: ridiculous amount of money. And then today, I had another $ 100, 000.
• 2:16:47
  Speaker 3: And so those are rare, but You know, it's a recovery.
• 2:16:51
  Speaker 3: It's not like I hit those all the time. I
• 2:16:53
  Speaker 3: got some losing months, and it's not all rose petals.
• 2:16:59
  Speaker 3: So I appreciate you taking the time to talk about that.
• 2:17:02
  Speaker 1: What is it like, like you say, you're in a
• 2:17:04
  Speaker 1: good mood and you should be. What is it like, though,
• 2:17:07
  Speaker 1: when you take a huge loss? I mean, is it
• 2:17:10
  Speaker 1: one of those days when you just think, where did
• 2:17:12
  Speaker 1: I go wrong, or shake your head, or what's that
• 2:17:14
  Speaker 1: like for our listeners?
• 2:17:16
  Speaker 3: Very, it's always disappointed in myself. And it's because of
• 2:17:21
  Speaker 3: my stubbornness. I would tell you, anybody that knows money,
• 2:17:25
  Speaker 3: and I think I know money as good as anybody,
• 2:17:28
  Speaker 3: I do. And it always falls back on you. It
• 2:17:32
  Speaker 3: was right in front of my face. Silver was way overbought.
• 2:17:37
  Speaker 1: And like an.
• 2:17:38
  Speaker 3: Ass, I didn't put in my stop limit orders. I
• 2:17:39
  Speaker 3: didn't put in My protection, right? I didn't buy puts.
• 2:17:45
  Speaker 3: I didn't put in stop-laws or stop-limiters. I just took
• 2:17:48
  Speaker 3: it on the chin and it fell through. And once
• 2:17:50
  Speaker 3: it falls through, you can't catch it, meaning it opened
• 2:17:52
  Speaker 3: up significantly down. And unless you want to eat a 20% loss,
• 2:17:58
  Speaker 3: you're stuck in it. Now, silver's been on a tear since.
• 2:18:01
  Speaker 3: So I made a little bit of that gain up
• 2:18:05
  Speaker 3: from the losses, but And my answer to your question
• 2:18:08
  Speaker 3: is I'm mad at myself. I'm pissed. I can't even
• 2:18:12
  Speaker 3: be talked to during the day by my family because
• 2:18:14
  Speaker 3: I'm so mad at myself for being so greedy.
• 2:18:19
  Speaker 1: But it's almost– I don't want to say it's like
• 2:18:20
  Speaker 1: a game, but it is what you do. But when
• 2:18:23
  Speaker 1: you say like on a day like today, is that
• 2:18:25
  Speaker 1: making it in individual stocks or is that making it in– Yeah.
• 2:18:30
  Speaker 3: Well, I have a couple ETFs. I– I took some
• 2:18:34
  Speaker 3: quick hitters on like NASA and some other stuff. But,
• 2:18:38
  Speaker 3: you know, the bottom line is it's mostly individual stocks.
• 2:18:42
  Speaker 3: I don't really get into the options market because you're
• 2:18:45
  Speaker 3: glued to the computer for day trading those or selling those.
• 2:18:50
  Speaker 3: You're just stuck. So, you know, I'm not stuck all
• 2:18:54
  Speaker 3: day at the computer. I went to lunch. I did
• 2:18:56
  Speaker 3: some trades on my phone, etc., And so I just
• 2:18:59
  Speaker 3: basically make it in equities that I kind of learn
• 2:19:03
  Speaker 3: the volume on without having to look to the indicators
• 2:19:06
  Speaker 3: like the VWAP. I can go on and on and on,
• 2:19:08
  Speaker 3: but I guess my point is, to your question, is
• 2:19:15
  Speaker 3: it's very volatile and you get to go with the bad.
• 2:19:18
  Speaker 3: And when it's good, it's good. And when it's bad,
• 2:19:20
  Speaker 3: it's really bad.
• 2:19:22
  Speaker 1: I don't want you to say anything specific, but how
• 2:19:25
  Speaker 1: do you judge what stocks that you're going to... Talk
• 2:19:30
  Speaker 1: a little bit about the research you do before you say,
• 2:19:32
  Speaker 1: I'm buying this one today or this one today.
• 2:19:34
  Speaker 11: Oh.
• 2:19:34
  Speaker 3: All right. I'm going to give a little bit of
• 2:19:36
  Speaker 3: my secret sauce away.
• 2:19:37
  Speaker 1: Well, not all of it and nothing by specific name.
• 2:19:40
  Speaker 3: I'm not an idiot. Plus, to tell you the truth, I'm...
• 2:19:42
  Speaker 3: To be honest with you, I'm so damn good at
• 2:19:44
  Speaker 3: what I do, I can give everybody probably a week
• 2:19:46
  Speaker 3: education course unless they try to compete against me, and
• 2:19:49
  Speaker 3: good luck to you. So I don't mind giving away it.
• 2:19:52
  Speaker 3: So I do a 20-stock scan in the morning. So
• 2:19:56
  Speaker 3: I subscribe to sites that do a scan, and I
• 2:19:59
  Speaker 3: look for high-volume, anything that's up more than 4% pre-market,
• 2:20:04
  Speaker 3: and then I target those, and then I have a
• 2:20:07
  Speaker 3: target price I set for myself, and I watch the volume.
• 2:20:11
  Speaker 3: And sometimes I have no idea what even the company does,
• 2:20:15
  Speaker 3: but I just look at the technical analysis, and I
• 2:20:18
  Speaker 3: look at the VWAP, and I look at a certain
• 2:20:20
  Speaker 3: trading pattern in it, and I have, you know, a
• 2:20:24
  Speaker 3: 20-day and 200-day moving averages set. I'm looking at that band.
• 2:20:31
  Speaker 3: And that's as much of the secret sauce I'm going
• 2:20:33
  Speaker 3: to give you, but there's a scientific theory that goes
• 2:20:37
  Speaker 3: into it. It's not always right, but it's been a
• 2:20:40
  Speaker 3: lot more right than wrong. And if someone– I don't
• 2:20:44
  Speaker 3: do this anymore, but if you manage other people's money,
• 2:20:47
  Speaker 3: there was always a scientific reasoning for what I did
• 2:20:50
  Speaker 3: and how I did it. And it wasn't always right,
• 2:20:51
  Speaker 3: but like I said, it was more right or wrong.
• 2:20:53
  Speaker 3: But more importantly, if our investors called me out on
• 2:20:55
  Speaker 3: the table and said, how did you arrive at this
• 2:20:57
  Speaker 3: or how did you decide to pick XYZ at this price?
• 2:21:02
  Speaker 3: Whether they're happy or mad, I said, well, here's my rebuttal.
• 2:21:05
  Speaker 3: And I could just scientifically go through how I arrived
• 2:21:08
  Speaker 3: at that. And I beg you back in a fundamental analysis,
• 2:21:11
  Speaker 3: which is news. And you can't argue with my decision.
• 2:21:15
  Speaker 3: You can say, well, at least he wasn't guessing at
• 2:21:18
  Speaker 3: my investment. At least he had a strategy.
• 2:21:20
  Speaker 14: So that's my strategy.
• 2:21:21
  Speaker 3: I have it every day. And that's a science, unless
• 2:21:24
  Speaker 3: I'm truly on a vacation. which I can't even remember
• 2:21:27
  Speaker 3: what that was like.
• 2:21:28
  Speaker 1: Let me see. I've done this program.
• 2:21:30
  Speaker 3: That's my strategy.
• 2:21:31
  Speaker 1: How many years have I done this? So if you
• 2:21:33
  Speaker 1: were truly on vacation, no offense.
• 2:21:36
  Speaker 12: No, no.
• 2:21:37
  Speaker 3: And that's one of the great things that Rockport took
• 2:21:40
  Speaker 3: off my plate.
• 2:21:41
  Speaker 1: You're on a family vacation. The family's on vacation. You're not.
• 2:21:46
  Speaker 3: Exactly. So now, you know, thanks to the guys at
• 2:21:49
  Speaker 3: the cover, I'm able to do a couple of those
• 2:21:51
  Speaker 3: a month, small ones.
• 2:21:53
  Speaker 8: Right.
• 2:21:53
  Speaker 3: And I still get it done. All right.
• 2:21:54
  Speaker 1: All right. So it's an interesting strategy involving basically research
• 2:22:02
  Speaker 1: that you put into all of this. Now, I'm going
• 2:22:06
  Speaker 1: to jump around just a little bit on you. Is
• 2:22:08
  Speaker 1: tomorrow the day when the hedge fund opens?
• 2:22:11
  Speaker 25: Yes.
• 2:22:12
  Speaker 3: And that's the reason why. That's a great memory. How
• 2:22:14
  Speaker 3: did you remember that?
• 2:22:15
  Speaker 1: Because it's going to be May 15th. This has been
• 2:22:21
  Speaker 1: a goal of yours for as long as we've been
• 2:22:23
  Speaker 1: talking on the radio. that you wanted to open, just
• 2:22:26
  Speaker 1: so people understand, John always wanted to open his own
• 2:22:29
  Speaker 1: hedge fund, which means he's in charge of it, and
• 2:22:35
  Speaker 1: he's going to take 100 investors, and I'll let him
• 2:22:38
  Speaker 1: explain it all, and then you will actively manage it.
• 2:22:43
  Speaker 1: Take it from there and explain it to our listeners,
• 2:22:46
  Speaker 1: because it debuts tomorrow, and how do people, if they're
• 2:22:52
  Speaker 1: interested in being a part of it, if they meet
• 2:22:54
  Speaker 1: the criteria, get a hold of you. I'll sit back
• 2:22:57
  Speaker 1: and listen.
• 2:22:58
  Speaker 3: I am going to tell you that because I got
• 2:23:00
  Speaker 3: to tell you something. I got two of the proudest
• 2:23:05
  Speaker 3: days of my moment now under my belt in my
• 2:23:09
  Speaker 3: business career. One was, I didn't know this, but in 2008,
• 2:23:13
  Speaker 3: I was elected the most valuable person under the 40
• 2:23:16
  Speaker 3: under 40 class, I want to say Northeast Ohio, whatever
• 2:23:19
  Speaker 3: they call themselves. And I was surprised because I didn't
• 2:23:21
  Speaker 3: even have a speech prepared because I didn't think I
• 2:23:23
  Speaker 3: deserved it. But I was. That was definitely a highlight
• 2:23:26
  Speaker 3: of my career. And today, as of 12 o'clock midnight,
• 2:23:29
  Speaker 3: is my second, maybe my first, proudest day of my
• 2:23:33
  Speaker 3: career because I'm opening up my own hedge fund.
• 2:23:37
  Speaker 1: No, no, John, hang on. John, I'm going to save
• 2:23:39
  Speaker 1: your goose right now, okay? Just so you don't get
• 2:23:42
  Speaker 1: in a doghouse.
• 2:23:43
  Speaker 3: No, no, I said professional.
• 2:23:44
  Speaker 1: Oh, okay.
• 2:23:45
  Speaker 3: Professional.
• 2:23:46
  Speaker 1: Okay, I was going to say, the best day of
• 2:23:48
  Speaker 1: your life was when you asked the girl you love
• 2:23:50
  Speaker 1: to marry you, and she said yes. The second best
• 2:23:53
  Speaker 1: day of your life was the day your children were born. Okay,
• 2:23:57
  Speaker 1: just so we know, but from a professional standpoint, these
• 2:24:00
  Speaker 1: would be three and four on a life standpoint, but
• 2:24:02
  Speaker 1: from a professional standpoint, one and two. Here I thought,
• 2:24:05
  Speaker 1: I missed the professional part. I'm just trying to cover
• 2:24:08
  Speaker 1: your personal life in case you got in a doghouse.
• 2:24:12
  Speaker 1: I'm your wingman.
• 2:24:13
  Speaker 2: I'm your wingman.
• 2:24:14
  Speaker 3: You are my wingman. You're my boy. So you can cover.
• 2:24:17
  Speaker 12: That ass like you should.
• 2:24:19
  Speaker 3: But in all seriousness... And I'll touch on that personally.
• 2:24:22
  Speaker 3: If anybody's a friend of mine on Facebook or knows me,
• 2:24:24
  Speaker 3: you know, my wife and my kids walk on water,
• 2:24:27
  Speaker 3: like it's them and then everything comes second. So that's
• 2:24:31
  Speaker 3: what I work hard for. And that's what I live for.
• 2:24:32
  Speaker 3: So yes, absolutely. To retrace as far as like accomplishments
• 2:24:37
  Speaker 3: in my life, get my wife to say yes to
• 2:24:39
  Speaker 3: me and, you know, be in the honor of her husband.
• 2:24:41
  Speaker 3: And then I have four ridiculously beautiful and smart kids
• 2:24:45
  Speaker 3: that I love to death. And that is my world. Now,
• 2:24:48
  Speaker 3: professionally speaking, Today is number one, you know, midnight when
• 2:24:52
  Speaker 3: the hedge funds open up because I can't even tell
• 2:24:54
  Speaker 3: you how much energy and time Sleepless Nights went into
• 2:24:58
  Speaker 3: making this happen.
• 2:24:58
  Speaker 1: Why is this so important to you or something that
• 2:25:07
  Speaker 1: you've strived for so long to have your own hedge funds?
• 2:25:13
  Speaker 3: Well, that's a great question because I have a great answer.
• 2:25:15
  Speaker 3: It's because now... I get to showcase my skills one-on-one.
• 2:25:21
  Speaker 3: The other thing is, is, you know, one of the
• 2:25:23
  Speaker 3: reasons why I sold the rock part is because I
• 2:25:25
  Speaker 3: was out of bandwidth. I was getting, I had so
• 2:25:27
  Speaker 3: many assets. I had so much going on. I had
• 2:25:30
  Speaker 3: the real estate company, the mortgage company, the building, building
• 2:25:33
  Speaker 3: the house. There were literally days. And I mean, literally,
• 2:25:36
  Speaker 3: and I'm not proud of this where I was going to,
• 2:25:38
  Speaker 3: I was going day to day without sleep. And, and
• 2:25:41
  Speaker 3: I was taking this, this, this is a long answer
• 2:25:44
  Speaker 3: to your question, but it's true. And I was, you know,
• 2:25:47
  Speaker 3: coming home irritable and using the F word in front
• 2:25:51
  Speaker 3: of my kids like I shouldn't have. I was just
• 2:25:52
  Speaker 3: not proud of myself. The money was ridiculous, but I
• 2:25:55
  Speaker 3: was not proud of who I was. And, you know,
• 2:25:58
  Speaker 3: thankfully I got a crew of guys from Cleveland that,
• 2:26:01
  Speaker 3: you know, gave me a significant offer. And they took
• 2:26:04
  Speaker 3: the reins and, in my opinion, did a great job.
• 2:26:06
  Speaker 3: So I, with that blessing, allowed me to do my dream,
• 2:26:11
  Speaker 3: which was be the man in the arena. Now, what
• 2:26:14
  Speaker 3: does that mean? That term comes from the Tom Brady episode,
• 2:26:18
  Speaker 3: who I love. Basically, it's you. The whole arena is
• 2:26:22
  Speaker 3: looking at you. There's nobody bailing you out. I can
• 2:26:26
  Speaker 3: no longer say it was the market's fault, so-and-so down
• 2:26:29
  Speaker 3: the street took my client because he was better looking
• 2:26:32
  Speaker 3: than me or he's nicer than me or he's a
• 2:26:33
  Speaker 3: better golf game. None of that applies anymore. What it
• 2:26:36
  Speaker 3: comes down to is people give me a deposit. They're
• 2:26:40
  Speaker 3: one of the owners of the fund with me as
• 2:26:42
  Speaker 3: an LP. which stands for limited partner. No matter what
• 2:26:46
  Speaker 3: the market does at the end of the month, I
• 2:26:48
  Speaker 3: have to perform. Short, long, straddle, call rate, it doesn't matter.
• 2:26:54
  Speaker 3: I have to perform. And that's who I am. I've
• 2:26:57
  Speaker 3: always said this on our show. I want the ball
• 2:26:59
  Speaker 3: in my hands like John Elway with two minutes to
• 2:27:01
  Speaker 3: go on the two-yard line. I want that last-second shot
• 2:27:04
  Speaker 3: from Michael Jordan. I'm that guy. I've always been that guy.
• 2:27:07
  Speaker 3: I'm fearless that way. And this is the pure way
• 2:27:10
  Speaker 3: to say, all right, John, You're in the arena. You've
• 2:27:13
  Speaker 3: got the sword. Whatever comes out of that gate, it's
• 2:27:16
  Speaker 3: up to you to win. And now that's what a
• 2:27:18
  Speaker 3: hedge fund does, and that's been my dream because now
• 2:27:21
  Speaker 3: I can really showcase my skills. The other thing is
• 2:27:25
  Speaker 3: it's only 100 investors, and that's where the first part
• 2:27:27
  Speaker 3: of this question came from. I have a client that
• 2:27:31
  Speaker 3: I love dearly, Mark. He came down with prostate cancer,
• 2:27:34
  Speaker 3: and I have so many of those stories. I didn't
• 2:27:37
  Speaker 3: even have time to visit him. I didn't even have
• 2:27:38
  Speaker 3: time to take some of our clients out to lunch
• 2:27:41
  Speaker 3: for their birthday. The things that I built my career
• 2:27:43
  Speaker 3: on is love and care more than just.
• 2:27:46
  Speaker 1: Making them money.
• 2:27:47
  Speaker 3: I was not able to do that anymore. Now with
• 2:27:50
  Speaker 3: 100 investors, I can legitimately give them everything I got emotionally, mentally, strategically, investment-wise.
• 2:28:00
  Speaker 3: And because the 301c fund I offer only allows 100 investors.
• 2:28:05
  Speaker 3: So I can give it everything I've got now versus,
• 2:28:07
  Speaker 3: I think, this is by memory. I can't remember 1,600,
• 2:28:10
  Speaker 3: 1,800 clients before. Unmanageable. And that's the other reason. So
• 2:28:15
  Speaker 3: this has come full circle to hopefully, can't guarantee it,
• 2:28:19
  Speaker 3: I get to now showcase my skills, and I get
• 2:28:22
  Speaker 3: it audited to where I can say on this program, hey,
• 2:28:25
  Speaker 3: July 30th, this is the NAV. and this is what
• 2:28:30
  Speaker 3: we made percentage-wise, and that's that. And if you like
• 2:28:33
  Speaker 3: what you hear, if there's any subscriptions available, you know,
• 2:28:36
  Speaker 3: call me. Because before, I didn't have GIFs auditing, so
• 2:28:40
  Speaker 3: I couldn't say we had, you know, a 5% or 6% monitor.
• 2:28:44
  Speaker 3: We made, you know, whatever XYZ percentage-wise in 2022. I
• 2:28:49
  Speaker 3: couldn't say that legally because you have to have an
• 2:28:51
  Speaker 3: audited record of that. Now I have an audited record
• 2:28:54
  Speaker 3: of that. So this all lines up to my personality
• 2:28:58
  Speaker 3: and what I was trying to accomplish. And the other
• 2:29:00
  Speaker 3: thing is from a pure ego standpoint, some of my
• 2:29:05
  Speaker 3: competitors over the past 20, 20 years say horrible, ridiculous
• 2:29:09
  Speaker 3: things about me that are untrue, fabricated. And now I
• 2:29:13
  Speaker 3: can just whip their ass and tell it on the
• 2:29:15
  Speaker 3: radio how it is. And I say, no, maybe you
• 2:29:19
  Speaker 3: go take your client to lunch again or to golf
• 2:29:22
  Speaker 3: or maybe time to go to church again and cement
• 2:29:25
  Speaker 3: that relationship because now you're going to have to answer
• 2:29:27
  Speaker 3: to John Roman's results. And what are you going to
• 2:29:29
  Speaker 3: do now? So All of that round, that ball of
• 2:29:32
  Speaker 3: wax I just said is the reason why this day
• 2:29:34
  Speaker 3: has been coming, and I'm so proud.
• 2:29:36
  Speaker 1: All right, so it officially opens then tomorrow, which is
• 2:29:41
  Speaker 1: a hedge fund that you will have 100 investors into
• 2:29:46
  Speaker 1: this hedge fund. But there is a criteria, a financial criteria,
• 2:29:50
  Speaker 1: to be a member of this hedge fund family. Tell
• 2:29:53
  Speaker 1: what the criteria is.
• 2:29:56
  Speaker 3: You have to be an accredited investor, and I thank
• 2:29:57
  Speaker 3: you for bringing that up. You have to have either
• 2:30:00
  Speaker 3: one of the three. One million dollars in liquid assets,
• 2:30:04
  Speaker 3: liquid being the key word, make $ 200, 000 a year, and
• 2:30:11
  Speaker 3: or be able to invest at any one time $ 200, 000.
• 2:30:14
  Speaker 3: So one of those three have to be true. If
• 2:30:17
  Speaker 3: you hit one of those three, you're eligible to become
• 2:30:20
  Speaker 3: one of my clients and accredited client. But I'll also
• 2:30:23
  Speaker 3: tell you, we have very strict suitability paperwork to where
• 2:30:27
  Speaker 3: someone just can't tell me they... like stated income, they
• 2:30:30
  Speaker 3: have to prove it. So we're going to be documenting,
• 2:30:33
  Speaker 3: you know, because here's what's going on. I had no
• 2:30:35
  Speaker 3: idea it was going to be so popular. People all
• 2:30:39
  Speaker 3: day long call me off the wall to get into it.
• 2:30:41
  Speaker 3: And I have to turn a lot of them down,
• 2:30:43
  Speaker 3: which sucks because they're such great people, because they want
• 2:30:46
  Speaker 3: to get into it, but they understand the criteria of
• 2:30:48
  Speaker 3: the accreditation. So we just can't say, well, we believe you, Mr. Smith, because,
• 2:30:54
  Speaker 3: and I'm making that name up, by the way, because
• 2:30:56
  Speaker 3: you said you made $ 200, 000. You have to prove it.
• 2:30:59
  Speaker 3: And then so we have an audited system to where
• 2:31:02
  Speaker 3: they go and they do it themselves. I help walk
• 2:31:05
  Speaker 3: them through it. They have to prove that they have
• 2:31:07
  Speaker 3: this accreditation. And that's that. But that's the criteria, Ron.
• 2:31:12
  Speaker 6: All right.
• 2:31:13
  Speaker 1: So there are three things, and you just need one
• 2:31:16
  Speaker 1: of the three, correct?
• 2:31:18
  Speaker 3: That's correct.
• 2:31:18
  Speaker 1: All right. So you need one $ 200, 000 that you're willing
• 2:31:22
  Speaker 1: to invest. That would be one of the three. Two
• 2:31:26
  Speaker 1: is you have to show that you make $ 200, 000 a
• 2:31:30
  Speaker 1: year or more. Correct? That's number two.
• 2:31:32
  Speaker 3: That's correct.
• 2:31:33
  Speaker 1: And number one is you have to have a million
• 2:31:35
  Speaker 1: dollars in liquid assets, which means not in real estate
• 2:31:39
  Speaker 1: or anything. You have the cash, if you will.
• 2:31:43
  Speaker 3: Yeah, and that could be IRAs. It could be CDs
• 2:31:44
  Speaker 3: or whatever. But it's got a total of millions. And
• 2:31:48
  Speaker 3: so you've got to get one of those three. So
• 2:31:49
  Speaker 3: the audience, if you're really listening and you really want
• 2:31:51
  Speaker 3: an opportunity to get this fun, I think there's 30
• 2:31:54
  Speaker 3: subscriptions left as of today, I think. You have to
• 2:31:58
  Speaker 3: have one of those three, not all three at once.
• 2:32:00
  Speaker 1: All right. So then, now just take me to the
• 2:32:02
  Speaker 1: next step. So somebody says, okay, I want to be
• 2:32:06
  Speaker 1: a part of this. And they follow and they get
• 2:32:10
  Speaker 1: through the verification process. Let's just put it that way.
• 2:32:14
  Speaker 1: then how much money at that point do they put
• 2:32:18
  Speaker 1: in the fund?
• 2:32:19
  Speaker 3: $ 200, 000? It's a minimum of $ 100, 000. $ 100, 000, okay. A minimum
• 2:32:24
  Speaker 3: of $ 100, 000. If you want to put more in that thereafter,
• 2:32:27
  Speaker 3: I can do either a special, like basically turn my
• 2:32:31
  Speaker 3: cheek and say, okay, you don't meet the minimum $ 50, 000 thereafter.
• 2:32:35
  Speaker 3: Let's say you only have $ 35, 000. If they're a friend
• 2:32:38
  Speaker 3: or if I know potentially by the end of the
• 2:32:39
  Speaker 3: year they're going to add another $ 70, 000, I'll take it,
• 2:32:42
  Speaker 3: but the criteria is a minimum initially of $ 100, 000, and
• 2:32:46
  Speaker 3: thereafter $ 50, 000. Now, I've had people..
• 2:32:50
  Speaker 1: You mean once you put $ 100, 000 in, you can then
• 2:32:52
  Speaker 1: add another $ 50, 000 later?
• 2:32:54
  Speaker 3: Yeah, $ 50, 000 increments.
• 2:32:58
  Speaker 1: Okay.
• 2:32:59
  Speaker 3: Increments. So $ 100, 000 first, $ 50, 000 thereafter. Now, here's why I'm
• 2:33:04
  Speaker 3: warning the listeners out there that want to get in,
• 2:33:06
  Speaker 3: because I've been kind of battling this... all day. Like you, you, you,
• 2:33:13
  Speaker 3: you have to like, you, it's liquid. It is, it's
• 2:33:16
  Speaker 3: a 30 day liquidation. So if you just don't like
• 2:33:19
  Speaker 3: me or I suck, you can get out of it
• 2:33:21
  Speaker 3: after 30 days. I just need, I just need, you know,
• 2:33:23
  Speaker 3: something in the writing saying that, and we'll get you
• 2:33:26
  Speaker 3: a check within, you know, probably 15 days thereafter. So
• 2:33:29
  Speaker 3: don't invest the money with me. And it's fun. I
• 2:33:32
  Speaker 3: should say, if you plan to take it within a
• 2:33:34
  Speaker 3: couple of years, it will be senseless for you. We
• 2:33:37
  Speaker 3: don't want the business to, It just doesn't make sense.
• 2:33:40
  Speaker 3: It's not for you. So I just, you know, even
• 2:33:43
  Speaker 3: though we have a 30-day liquidation, please don't drive me crazy.
• 2:33:47
  Speaker 3: If you don't plan to keep the money in there
• 2:33:48
  Speaker 3: for a couple years, don't bother. So I just want
• 2:33:51
  Speaker 3: to disclose that.
• 2:33:52
  Speaker 1: All right. So, and I'm just going step by step
• 2:33:55
  Speaker 1: because tomorrow's the big day. So when the person puts
• 2:33:59
  Speaker 1: the money in, then what happens in your hedge fund?
• 2:34:04
  Speaker 1: then you do the, I don't want to say day trading,
• 2:34:08
  Speaker 1: but regular trading. Explain what happens then with your hedge
• 2:34:12
  Speaker 1: fund after the investor puts the money in. You buy
• 2:34:15
  Speaker 1: different stocks and entities?
• 2:34:19
  Speaker 3: That's exactly right. So I do more what's called swing trading.
• 2:34:22
  Speaker 3: There'll be times like today where I take advantage of
• 2:34:24
  Speaker 3: the market and do some day trading. But swing trading
• 2:34:27
  Speaker 3: could be a day or could be two weeks or
• 2:34:28
  Speaker 3: could be a month. I'm not going to take a
• 2:34:30
  Speaker 3: huge loss on MU if I know that next week,
• 2:34:33
  Speaker 3: In my heart, it's going to probably be the key word,
• 2:34:36
  Speaker 3: go up. But there are times like today where, yeah,
• 2:34:39
  Speaker 3: that's why I'm just making up of something. Something went up,
• 2:34:43
  Speaker 3: I don't know, nowhere, 8% within an hour. Believe me,
• 2:34:45
  Speaker 3: I'm taking that money off the table because it's unusual.
• 2:34:48
  Speaker 3: So it's a combination of swing trading, day trading, but
• 2:34:51
  Speaker 3: more importantly, I have a management team that's behind me
• 2:34:54
  Speaker 3: that manages their own fund that I'm partnering up with
• 2:34:59
  Speaker 3: that's going to help manage this fund. And the reason
• 2:35:01
  Speaker 3: why that's important for you to know is because God forbid,
• 2:35:04
  Speaker 3: like I'm in the hospital, I'm incapacitated, or maybe I'm
• 2:35:08
  Speaker 3: just not that good. I got a group of professionals
• 2:35:12
  Speaker 3: that have a very experienced track record. As a matter
• 2:35:15
  Speaker 3: of fact, number six in the entire country to help
• 2:35:18
  Speaker 3: me manage this thing. And that's going to, I think,
• 2:35:23
  Speaker 3: elevate my performance year to year or month to month
• 2:35:27
  Speaker 3: better than average for somebody just starting out. So there'll
• 2:35:30
  Speaker 3: be a combination of their fun and there'll be a
• 2:35:32
  Speaker 3: combination of what I'm doing And what I'm trying to
• 2:35:35
  Speaker 3: do is be number one in the nation. That's what
• 2:35:37
  Speaker 3: I'm not saying I will. I'm not saying it. But
• 2:35:39
  Speaker 3: that's my goal. And you know with my ego and
• 2:35:43
  Speaker 3: how I do things, I'm going to go after it.
• 2:35:45
  Speaker 3: If I don't hit it, I'm going to be trying.
• 2:35:46
  Speaker 3: So that's how it's going to go.
• 2:35:48
  Speaker 1: All right. John Arnold is with us. The program's Money
• 2:35:52
  Speaker 1: Talks with the money coach, like I like to say.
• 2:35:57
  Speaker 12: There he is.
• 2:35:58
  Speaker 1: The Sam Retigliano, if you remember him years ago in
• 2:36:01
  Speaker 1: the Browns.
• 2:36:02
  Speaker 2: Of course.
• 2:36:03
  Speaker 1: All right.
• 2:36:03
  Speaker 12: Wasn't he related to the YSU somehow?
• 2:36:07
  Speaker 1: The John Haycock, the Jim Trussell. There you go. John
• 2:36:12
  Speaker 1: Arnold joins us. I want to come back. We're going
• 2:36:14
  Speaker 1: to talk more about this, and there's plenty of other
• 2:36:16
  Speaker 1: areas to cover. Stay tuned. More with John Arnold. After
• 2:36:20
  Speaker 1: we pause for the headlines at 6.30, NewsRadio 570 WKBN.
• 2:36:23
  Speaker 1: John is with us tonight until 7. We'll give you
• 2:36:26
  Speaker 1: more details about all this coming up. From NewsRadio 570 WKBN,
• 2:36:31
  Speaker 1: it's Thursdays at 6 o'clock. Money Talks with John Arnold
• 2:36:35
  Speaker 1: on NewsRadio 570 WKBN. And as we get back to it,
• 2:36:40
  Speaker 1: so those are your investors. You take 100. That's all
• 2:36:45
  Speaker 1: that you'll have in this fund is 100. And then
• 2:36:48
  Speaker 1: you want people that are going to be in it
• 2:36:50
  Speaker 1: for a couple of years, not 30 days or six
• 2:36:53
  Speaker 1: months or something along those lines.
• 2:36:56
  Speaker 3: Don't waste our time, correct.
• 2:36:57
  Speaker 1: All right. Talk a little bit from the standpoint of security.
• 2:37:01
  Speaker 1: This is your funds. How can you verify where the
• 2:37:06
  Speaker 1: money is and who's got it and give people peace
• 2:37:09
  Speaker 1: of mind?
• 2:37:10
  Speaker 3: Man, you're asking ridiculously good questions, so thank you. Because
• 2:37:15
  Speaker 3: I've been answering these all day. So the money, this
• 2:37:18
  Speaker 3: is so important for the investing world to hear. I
• 2:37:23
  Speaker 3: have zero access to the money. If someone put a
• 2:37:26
  Speaker 3: shotgun to my head and said, give me your client's
• 2:37:30
  Speaker 3: $ 100 million, I couldn't get the one cent. My head
• 2:37:33
  Speaker 3: would get blown off. It is held directly at Interactive Brokers.
• 2:37:39
  Speaker 3: Interactive Brokers is a hedge fund slash regular day trading
• 2:37:44
  Speaker 3: or whoever. You could open up an Interactive Brokers account.
• 2:37:47
  Speaker 3: I'm sure you see them advertised. And that's that. So
• 2:37:50
  Speaker 3: the fund is held at Interactor Brokers. Now, here's the
• 2:37:52
  Speaker 3: security blanket. I have a third-party administrator that is the
• 2:37:57
  Speaker 3: only person allowed to request funds into the hedge fund bank,
• 2:38:01
  Speaker 3: which is Mercury, is a third-party administrator, which is Ripple.
• 2:38:06
  Speaker 3: Ripple is the person managing me for the client. So
• 2:38:10
  Speaker 3: here's how it works. I get a client that says, John,
• 2:38:12
  Speaker 3: I want to commit a couple hundred grand to you.
• 2:38:15
  Speaker 3: I send a message to Ripple. Ripple then sends a
• 2:38:21
  Speaker 3: link to the client through their email and says, log
• 2:38:24
  Speaker 3: on here. They fill out the suitability paperwork. They fill
• 2:38:27
  Speaker 3: out the amount of money they want to put in.
• 2:38:31
  Speaker 3: The client puts their account into Ripple. Ripple then wires
• 2:38:36
  Speaker 3: the money from their account to the Mercury Bank's account.
• 2:38:41
  Speaker 3: Mercury Bank then deposits the money via wire into Interactive Brokers.
• 2:38:45
  Speaker 3: If it's an IRA, what happens instead is Alto, instead
• 2:38:51
  Speaker 3: of Ripple, takes in the IRA money, secures it as
• 2:38:57
  Speaker 3: an IRA, sends the money to Interactive Brokers, and they
• 2:39:02
  Speaker 3: manage it from a, not manage it investment-wise, they manage
• 2:39:05
  Speaker 3: it from an IRA because they deliver to make sure
• 2:39:07
  Speaker 3: there's no taxable liability. And that's it. So the key
• 2:39:12
  Speaker 3: here is, the bridge is, John Arnold has zero access,
• 2:39:17
  Speaker 3: and I mean none, to get to the client's money.
• 2:39:21
  Speaker 3: And here's the other thing that was hard for me
• 2:39:23
  Speaker 3: to grasp by building this. The clients aren't clients.
• 2:39:26
  Speaker 16: They're owners.
• 2:39:28
  Speaker 3: That's why they're called LPs. They're called limited partners. So
• 2:39:32
  Speaker 3: if you are a limited partner of Vision 2030 Fund,
• 2:39:37
  Speaker 3: you actually own the fund with me. And the beauty is,
• 2:39:41
  Speaker 3: because you're called a limited partner, you're classified, that is,
• 2:39:44
  Speaker 3: You have no risk legally. Let's say that I'm, God forbid,
• 2:39:47
  Speaker 3: that I'm some kind of scam artist or I'm, for
• 2:39:50
  Speaker 3: whatever reason, I got a gambling, I don't know, I'm
• 2:39:52
  Speaker 3: just trying to make something up. And I somehow had
• 2:39:55
  Speaker 3: access or I did something improper in the fund. The
• 2:39:57
  Speaker 3: limited partners are protected from any kind of lawsuit because
• 2:40:01
  Speaker 3: they're limited partners. I am the general partner, the CEO
• 2:40:04
  Speaker 3: of the general partner. I'm also the owner of the
• 2:40:07
  Speaker 3: capital management firm. that's managing it.
• 2:40:09
  Speaker 1: Yeah, but you don't have access to the money anyway.
• 2:40:12
  Speaker 3: So, I mean, no, I'm just trying to give you
• 2:40:14
  Speaker 3: all the cover on all the, you know, all the
• 2:40:16
  Speaker 3: buckets here. So you're right. There is no access, but
• 2:40:19
  Speaker 3: let's say God forbid, I, well, let's say it did something.
• 2:40:21
  Speaker 1: Okay. Basically you're on the hook and the limited partners
• 2:40:25
  Speaker 1: don't have to worry about anything.
• 2:40:27
  Speaker 6: Right.
• 2:40:27
  Speaker 3: And then someone was so hard for my, the clients
• 2:40:30
  Speaker 3: I was talking to in me is they're no longer
• 2:40:32
  Speaker 3: clients or owners. Because at the end of the month,
• 2:40:36
  Speaker 3: they're going to get a statement at the end of
• 2:40:37
  Speaker 3: the month as an owner saying, here's how much money
• 2:40:40
  Speaker 3: the NAV is. This is what it's worth. We show
• 2:40:44
  Speaker 3: the expenses, we show the gains, and here's how much
• 2:40:47
  Speaker 3: up or down you made for the month, period. And
• 2:40:50
  Speaker 3: the reason why that's going to be both great and
• 2:40:53
  Speaker 3: bad for the client is because they're so used to
• 2:40:55
  Speaker 3: investing and seeing their positions. They might see Amazon and
• 2:41:00
  Speaker 3: NVIDIA and x-y-z stock or whatever and gain or loss
• 2:41:04
  Speaker 3: here and there. They don't get to see that. All
• 2:41:06
  Speaker 3: they know is they're an owner of the fund, limited partner,
• 2:41:09
  Speaker 3: and hopefully John Arnold every month returns them a hell
• 2:41:12
  Speaker 3: of a return. The great news is that they have
• 2:41:15
  Speaker 3: no really anxiety behind it because they're just trusting the
• 2:41:17
  Speaker 3: guy managing the money or the team. The bad news
• 2:41:21
  Speaker 3: is if they're used to seeing the positions, they're up
• 2:41:25
  Speaker 3: a creek and a paddle. So that was really hard
• 2:41:27
  Speaker 3: for my mind, believe it or not, to wrap around.
• 2:41:31
  Speaker 3: So with that said, that's how it's going to be,
• 2:41:32
  Speaker 3: and that's what it is, and I hope I answered
• 2:41:34
  Speaker 3: the question.
• 2:41:35
  Speaker 1: You did. Why can't you see the positions? Because that
• 2:41:38
  Speaker 1: exposes people to what you're doing as far as competition?
• 2:41:42
  Speaker 3: Yeah, I don't. I mean, it's a reason why my
• 2:41:44
  Speaker 3: portfolio is so successful is because of my ability, my
• 2:41:48
  Speaker 3: secret sauce. Also, what I have to do is open
• 2:41:52
  Speaker 3: up their statement every day. and hand it off to
• 2:41:55
  Speaker 3: another investment guy, and he just copycat me, and then
• 2:41:57
  Speaker 3: I lose my competitive edge.
• 2:41:59
  Speaker 6: Right.
• 2:41:59
  Speaker 3: So only an absolute fool would do that. Right.
• 2:42:03
  Speaker 1: I mean, there's a reason why it is the way
• 2:42:06
  Speaker 1: it is. So you're saying for those people to get
• 2:42:09
  Speaker 1: into it as it opens tomorrow or tonight, I guess,
• 2:42:13
  Speaker 1: at midnight time, on May 15th, then in June, 30
• 2:42:17
  Speaker 1: days from now, or June 15th or 16th or sometime
• 2:42:20
  Speaker 1: in there, then you'll say, here's what you put in,
• 2:42:23
  Speaker 1: and here's where we are. The positive or the negative?
• 2:42:26
  Speaker 3: No, you were close. You actually know more about this
• 2:42:28
  Speaker 3: than I thought. So right now we're in a collecting period.
• 2:42:32
  Speaker 3: So I got from tomorrow until June 1st to get
• 2:42:35
  Speaker 3: the money in for June to 30th calendar. A hedge
• 2:42:39
  Speaker 3: fund or any kind of fund operates month to month.
• 2:42:43
  Speaker 3: So what happens is the deposits I've taken from May
• 2:42:46
  Speaker 3: 15th until May 30th, which is only 30 days, they
• 2:42:50
  Speaker 3: will go into the fund and the clock starts ticking
• 2:42:52
  Speaker 3: from June 1 to June 30th for their performance.
• 2:42:56
  Speaker 1: The funds would be on a holding pattern until June 1st.
• 2:43:01
  Speaker 3: It's going to sit at Mercury Bank. That's right.
• 2:43:03
  Speaker 1: All right. So then on June 1st, they get invested
• 2:43:06
  Speaker 1: into the areas you want them invested in on June 1st.
• 2:43:12
  Speaker 3: That is exactly right. And at the end of June
• 2:43:14
  Speaker 3: 1st or the end of June, they get a printout
• 2:43:17
  Speaker 3: or their website just log in as a repo client
• 2:43:21
  Speaker 3: and say, okay, what did my business return? Just as
• 2:43:24
  Speaker 3: if you own an accounting firm or a tire replacement, whatever.
• 2:43:28
  Speaker 3: All right, what was my return on investment here? Here's
• 2:43:32
  Speaker 3: the revenue. Here's the expenses. Here's the profitability.
• 2:43:36
  Speaker 7: Okay.
• 2:43:38
  Speaker 1: Is it a good time or a bad time with
• 2:43:41
  Speaker 1: the volatility that we're seeing now as you take on
• 2:43:45
  Speaker 1: this challenge?
• 2:43:47
  Speaker 3: I think the reason why I made so much money
• 2:43:49
  Speaker 3: today is on volatility. It's really hard to make money
• 2:43:54
  Speaker 3: in what I do, swing trading, and manage money daily
• 2:43:58
  Speaker 3: or weekly, whatever, if a market continues to go straight
• 2:44:01
  Speaker 3: down like it did in March, or if it continues
• 2:44:04
  Speaker 3: to chug along straight up. I don't have a month
• 2:44:07
  Speaker 3: that it's done that, but it has in the past.
• 2:44:09
  Speaker 3: So there's nowhere to buy low and sell high, right?
• 2:44:13
  Speaker 3: And if you're trying to short something, that makes it
• 2:44:16
  Speaker 3: even harder. So I love what's going on, and you
• 2:44:21
  Speaker 3: can thank Donald Trump for that. Now, here's where I
• 2:44:24
  Speaker 3: feel bad about, because I'm only dealing with 100-and-credit investors.
• 2:44:27
  Speaker 3: If I was in the RA world, the register investor
• 2:44:31
  Speaker 3: vibe like what it was before, this is very hard
• 2:44:33
  Speaker 3: on investors. It's very hard. on people like Adam and
• 2:44:36
  Speaker 3: Joe because the volatility, it goes crazy because it's volatile.
• 2:44:42
  Speaker 3: So you might think you're putting somebody into a good investment,
• 2:44:46
  Speaker 3: a fund, or a portfolio, and you're hoping that you
• 2:44:50
  Speaker 3: put it in at the right mark. But because the
• 2:44:53
  Speaker 3: volatility is so crazy, it makes it hard for people
• 2:44:57
  Speaker 3: that manage money on a year-to-year basis. So this is
• 2:44:59
  Speaker 3: a dream come true for John Arnold. The stars just
• 2:45:02
  Speaker 3: line up for me. volatility is an absolute gift from
• 2:45:05
  Speaker 3: god for somebody who manages money on a daily to
• 2:45:08
  Speaker 3: weekly to monthly basis.
• 2:45:10
  Speaker 1: Yeah uh often on my other financial show we use
• 2:45:14
  Speaker 1: the word diversity it's very important word with what's going
• 2:45:18
  Speaker 1: on do you do you view that equally in a
• 2:45:22
  Speaker 1: in your hedge funds i.
• 2:45:24
  Speaker 3: Do not is not from a financial planning perspective more
• 2:45:28
  Speaker 3: from a Common sense perspective, I'm not going to buy
• 2:45:31
  Speaker 3: all AI stocks, right? But I will tell you, that's
• 2:45:35
  Speaker 3: the dispersion. That's who's leading the pack. If that's what
• 2:45:38
  Speaker 3: it took to get my clients above average returns, guess what?
• 2:45:42
  Speaker 3: That's what I'm doing.
• 2:45:43
  Speaker 1: And this would be managed on a day-to-day basis or
• 2:45:47
  Speaker 1: hour-to-hour basis. This is something that you'll be doing. It's
• 2:45:51
  Speaker 1: not set it and forget it. It's actively managed, and
• 2:45:54
  Speaker 1: I say actively on a daily basis.
• 2:45:57
  Speaker 7: Exactly.
• 2:45:58
  Speaker 3: Exactly. Exactly. So, and like I said, like I try
• 2:46:01
  Speaker 3: to tell people because a couple of the clients are like, well,
• 2:46:04
  Speaker 3: how do I know it's in the portfolio? I tell
• 2:46:06
  Speaker 3: them you don't. And that's why the reason why Heinz
• 2:46:10
  Speaker 3: 57 and Coca-Cola have honey or trademarks and no one
• 2:46:13
  Speaker 3: knows their secret recipe. My strategy is my personal secret recipe.
• 2:46:17
  Speaker 3: So I break it down to them in the most
• 2:46:20
  Speaker 3: basic terms. So this would be good for the radio.
• 2:46:22
  Speaker 3: If I had fire logs and I was telling them
• 2:46:25
  Speaker 3: it's $ 7 a stack, and I found out a way
• 2:46:28
  Speaker 3: to double that price on those logs and sell out
• 2:46:31
  Speaker 3: every month at 14, would you really care if I
• 2:46:35
  Speaker 3: doubled your money what I invested in?
• 2:46:37
  Speaker 12: If you came to find out three years later.
• 2:46:40
  Speaker 3: It was actually fire logs that I sold to get
• 2:46:42
  Speaker 3: you double your money, you would care less. And that's
• 2:46:46
  Speaker 3: the mindset you have to have if you're a hedge
• 2:46:49
  Speaker 3: fund investor. There's a reason why the ultra-wealthy invest in
• 2:46:52
  Speaker 3: hedge funds, because they are bottom-line people. They want to know.
• 2:46:56
  Speaker 3: And when I say ultra-wealthy, I'm talking about billionaires, you know, multi-millionaires.
• 2:47:01
  Speaker 3: They hire family offices and guys like me to manage
• 2:47:05
  Speaker 3: your wealth, and they'll hire 10 of us and say,
• 2:47:07
  Speaker 3: you know, whoever gets the best performance at the end
• 2:47:10
  Speaker 3: of the year is probably getting the majority of the
• 2:47:11
  Speaker 3: money next year. They don't care what you invested in
• 2:47:14
  Speaker 3: and how you invested. As long as you were compliant,
• 2:47:17
  Speaker 3: you did what you could to take the tax life.
• 2:47:20
  Speaker 3: low and perform, they don't care. You buy rubber tires
• 2:47:26
  Speaker 3: or you buy penny stocks. So that's that.
• 2:47:29
  Speaker 1: So in the hedge fund, you can do a short sale.
• 2:47:34
  Speaker 1: You can make money on the market going up or
• 2:47:37
  Speaker 1: the market going down, correct?
• 2:47:38
  Speaker 9: Correct.
• 2:47:40
  Speaker 3: That's what makes a hedge fund a hedge fund. So
• 2:47:42
  Speaker 3: you can go long, which is what the average investor does,
• 2:47:45
  Speaker 3: or you can go short, which is extremely scary.
• 2:47:49
  Speaker 1: Is that what you mean when you say short squeeze?
• 2:47:51
  Speaker 1: Explain that to me, please.
• 2:47:53
  Speaker 3: Okay. If you're shorting the market, you are literally taking
• 2:48:02
  Speaker 3: the most dangerous road you could take, and I'll tell
• 2:48:04
  Speaker 3: you the reason why. A stock, when you buy a
• 2:48:07
  Speaker 3: stock at $ 20, 000, What's the maximum I can lose? I'm
• 2:48:12
  Speaker 3: asking you, Ron. 20.
• 2:48:14
  Speaker 14: Right.
• 2:48:15
  Speaker 3: It can only go to zero.
• 2:48:16
  Speaker 1: Yeah.
• 2:48:19
  Speaker 3: Right? What if I short a stock at 20? What's
• 2:48:23
  Speaker 3: the highest it can go?
• 2:48:24
  Speaker 1: Oh, let's see. The sky's the limit.
• 2:48:28
  Speaker 3: It's on the limit. You're exactly right. It's infinity, right?
• 2:48:31
  Speaker 1: Well, you like to think.
• 2:48:32
  Speaker 3: Here's what happens. You think that this is easy where
• 2:48:36
  Speaker 3: people are going to say, well, just don't do that
• 2:48:38
  Speaker 3: or just Or just put calls in or buy underlying
• 2:48:45
  Speaker 3: something else to hedge it. It's not that simple because
• 2:48:48
  Speaker 3: what happens is this is what people don't understand. And
• 2:48:51
  Speaker 3: I learned this the hard way when I went long
• 2:48:53
  Speaker 3: in the market. I used to live by stop losses.
• 2:48:55
  Speaker 3: I used to live by them. And what happened is,
• 2:48:58
  Speaker 3: I didn't realize because I was an amateur investor when
• 2:49:00
  Speaker 3: I started the stockbroker game in 2002, is the big
• 2:49:04
  Speaker 3: money sees your orders out there. Now, the more that
• 2:49:07
  Speaker 3: technology comes about, you can subscribe to things like called Bookmap.
• 2:49:11
  Speaker 3: You can literally see the orders out there ahead of
• 2:49:14
  Speaker 3: the market. They will see your order out there, and
• 2:49:18
  Speaker 3: they will short-squeeze you and force you to maybe take
• 2:49:22
  Speaker 3: a $ 100, 000 investment that you shorted, and you might owe
• 2:49:26
  Speaker 3: them $ 500, 000 because they squeezed you. A bunch of big
• 2:49:30
  Speaker 3: money short-squeezed you and went long when they shouldn't have.
• 2:49:33
  Speaker 3: That's what happened with GameStop. And they went long, and
• 2:49:36
  Speaker 3: they forced the people who now decided to borrow the
• 2:49:38
  Speaker 3: shares that were shorting it to come up with a difference.
• 2:49:41
  Speaker 3: And that's why, to answer your question... Yes, I can short.
• 2:49:45
  Speaker 3: Will I short? Very rarely. If I do short, it
• 2:49:48
  Speaker 3: will be covered by something else, some kind of hedge.
• 2:49:50
  Speaker 3: But I'll also tell you I'm probably going to short indexes.
• 2:49:53
  Speaker 3: I probably won't short index individual equities of any kind
• 2:49:58
  Speaker 3: because I can't just risk. I'm not risking just my
• 2:50:02
  Speaker 3: money now. I'm risking the other partner's money. So there's
• 2:50:06
  Speaker 3: things you can subscribe to, the hedge like SVIX, which
• 2:50:09
  Speaker 3: is a VIX hedge.
• 2:50:13
  Speaker 12: That they do it on your own.
• 2:50:16
  Speaker 3: So your own capital is not exposed. You're using something
• 2:50:20
  Speaker 3: as a hedge there. So why I don't explain this
• 2:50:24
  Speaker 3: to a client, or excuse me, a listener, is because
• 2:50:27
  Speaker 3: if you were in that game and you're shorting stocks,
• 2:50:30
  Speaker 3: you're literally saying at any one time I could lose
• 2:50:32
  Speaker 3: everything I have. And I highly recommend somebody never does that.
• 2:50:37
  Speaker 3: So if people are wondering how did so many people
• 2:50:40
  Speaker 3: make money on that GameStop, it was a short squeeze.
• 2:50:43
  Speaker 3: Everybody knew, everybody knew that GameStop was a short, but
• 2:50:47
  Speaker 3: a bunch of traders at the same time collectively said,
• 2:50:52
  Speaker 3: let's short squeeze these son of a guns and drive
• 2:50:55
  Speaker 3: this market up artificially, and now these people owe us
• 2:50:58
  Speaker 3: a difference. That's what a short squeeze is. And I
• 2:51:01
  Speaker 3: highly recommend no one even look into it as far
• 2:51:04
  Speaker 3: as going short.
• 2:51:06
  Speaker 1: It's risky is what you're saying.
• 2:51:09
  Speaker 3: You think? Yeah.
• 2:51:12
  Speaker 1: I really do. Yes, I do think that. No, I
• 2:51:16
  Speaker 1: didn't say, yes, I do think it is.
• 2:51:19
  Speaker 3: Imagine having unlimited risk.
• 2:51:20
  Speaker 1: Of course it's risky. What are you talking about? Just
• 2:51:24
  Speaker 1: my observation, Arnold.
• 2:51:26
  Speaker 12: Sure, what are you talking about?
• 2:51:28
  Speaker 3: And here's the other thing that people don't understand. You've
• 2:51:30
  Speaker 3: got margin requirements. So in order to short a market,
• 2:51:33
  Speaker 3: short anything, you have to have margins. So you're paying 6%
• 2:51:36
  Speaker 3: to 11% on the margin on interest. And that's daily.
• 2:51:41
  Speaker 3: And that's accumulated daily, I should say. And then if
• 2:51:45
  Speaker 3: the stock you're shorting is owed a dividend to the
• 2:51:48
  Speaker 3: other side, guess what? You're on the hook to provide
• 2:51:50
  Speaker 3: that dividend. There's a lot that goes into shorting stocks
• 2:51:55
  Speaker 3: that people don't realize. And historically, a lot of people
• 2:51:58
  Speaker 3: have lost a ridiculous amount of wealth shorting stocks. So, yes,
• 2:52:02
  Speaker 3: can you drive the ability and will I will short something? Sometimes.
• 2:52:06
  Speaker 3: But it's going to be a highly... strategized chess move
• 2:52:11
  Speaker 3: and it's going to be with very little danger to
• 2:52:14
  Speaker 3: the portfolio.
• 2:52:16
  Speaker 1: So between tomorrow, which is Friday, May 15th to the
• 2:52:21
  Speaker 1: 1st of June is when 100 people can get into
• 2:52:28
  Speaker 1: your hedge funds with roughly about 70 slots already taken.
• 2:52:31
  Speaker 1: 100 slots, period. Not 101, not anything more. It's capped
• 2:52:37
  Speaker 1: at 100 that's just where where as it's set up
• 2:52:40
  Speaker 1: it has to be so how does how do people
• 2:52:45
  Speaker 1: that are interested then talk to you about.
• 2:52:48
  Speaker 3: This okay i couldn't publish this because unfortunately the fund
• 2:52:52
  Speaker 3: won't open until the night okay so you can't say
• 2:52:55
  Speaker 3: tonight there'll be a phone number tomorrow but i can't
• 2:52:58
  Speaker 3: give you my email because that's how i've had so
• 2:52:59
  Speaker 3: many people already i have people they're in the kitty
• 2:53:03
  Speaker 3: subscribing already so they're already in the bucket.
• 2:53:07
  Speaker 1: But let me ask you this before you do that.
• 2:53:10
  Speaker 1: Next Thursday's program, would you be given a phone number out?
• 2:53:14
  Speaker 3: I'm going to be given, just like the old school shows, yeah,
• 2:53:17
  Speaker 3: you're going to get a phone number.
• 2:53:18
  Speaker 1: Well, I just got to get it.
• 2:53:19
  Speaker 3: It's going to be me or an assistant answering it.
• 2:53:23
  Speaker 1: Okay, to ask you questions or explore it further on
• 2:53:29
  Speaker 1: a private level is what I'm trying to say.
• 2:53:32
  Speaker 3: Yeah, just like any other business you would call. So
• 2:53:35
  Speaker 3: I'm very over the top right now compliance-wise because I
• 2:53:38
  Speaker 3: just am. And I was afraid to offer a number
• 2:53:42
  Speaker 3: until the thing opened up tonight just to avoid any
• 2:53:46
  Speaker 3: kind of compliance catastrophe.
• 2:53:47
  Speaker 1: I'm 100% down with that. I want that as well.
• 2:53:52
  Speaker 10: Yeah.
• 2:53:53
  Speaker 3: So I am going to offer my email, which everybody's
• 2:53:56
  Speaker 3: been getting a hold of me through. So it's J-O-N, period, Arnold.com.
• 2:54:01
  Speaker 3: At theinvestment.coach. I'll repeat. John, period, Arnold.
• 2:54:08
  Speaker 5: No, no, no, no, no.
• 2:54:08
  Speaker 1: J-O-N, period.
• 2:54:10
  Speaker 3: Yep. Yeah.
• 2:54:11
  Speaker 2: J-O-N, period.
• 2:54:13
  Speaker 3: A-R-N-O-L-D. At theinvestment.coach. So instead of. com, it's. coach.
• 2:54:23
  Speaker 1: And when you say V-investment, meaning V as in victory?
• 2:54:26
  Speaker 12: No, no. V-T-H-E.
• 2:54:29
  Speaker 1: Oh, okay.
• 2:54:31
  Speaker 3: Excuse me. I'm talking like the Ohio State University. It's theinvestment.coach.
• 2:54:37
  Speaker 1: Theinvestment.coach.
• 2:54:40
  Speaker 3: All right.
• 2:54:40
  Speaker 1: And that's how people can email you and express their
• 2:54:46
  Speaker 1: questions or interest in getting into the hedge fund. The actual,
• 2:54:54
  Speaker 1: I want to say, grand opening is on May 15th,
• 2:54:58
  Speaker 1: if you will.
• 2:54:59
  Speaker 14: Right?
• 2:54:59
  Speaker 3: Yeah, that's exactly right. I don't have an exact date,
• 2:55:04
  Speaker 3: but stay tuned for this. We're going to have a
• 2:55:05
  Speaker 3: very nice, very high-end appetizer slash dessert, wine and beer
• 2:55:11
  Speaker 3: and soft drink workshop. I'm going to advertise it. We'll
• 2:55:17
  Speaker 3: have it probably the third week of June at the
• 2:55:18
  Speaker 3: Lake Club. If you've ever been to one of my events,
• 2:55:21
  Speaker 3: it's always first class. It's zero pressure, and it's educational.
• 2:55:25
  Speaker 3: So we will have that. Me and my partners will
• 2:55:28
  Speaker 3: be there. It'll be a tell-not-sell type event. We'll have
• 2:55:33
  Speaker 3: a workbook to ask questions, and we'll have, obviously, a screen,
• 2:55:36
  Speaker 3: and we'll go through that on the PowerPoint. And I
• 2:55:39
  Speaker 3: just field questions, and here's our card, and here's our website,
• 2:55:43
  Speaker 3: and if you like it, give us a call. If
• 2:55:45
  Speaker 3: you don't, we're not calling you, because that's not that
• 2:55:47
  Speaker 3: kind of game.
• 2:55:49
  Speaker 1: Yeah, but I mean, in all reality, you've got about
• 2:55:52
  Speaker 1: 30 openings at this point, so once it's full, it's full, period.
• 2:55:57
  Speaker 3: It's full.
• 2:55:57
  Speaker 9: And..
• 2:55:58
  Speaker 1: Do you foresee opening a second one, or is that
• 2:56:03
  Speaker 1: not something you..
• 2:56:05
  Speaker 3: No, no, no. I'm already on the way. So I'm
• 2:56:08
  Speaker 3: opening up an income pension strategy one, and I'm also
• 2:56:12
  Speaker 3: opening up a private equity one. I'll explain those. So
• 2:56:16
  Speaker 3: once the long, short one is filled, which is probably
• 2:56:21
  Speaker 3: going to be in the next three months, we're going
• 2:56:23
  Speaker 3: to close it down, and a subscriber will have to
• 2:56:26
  Speaker 3: wait for somebody to leave. Here's what I will tell
• 2:56:29
  Speaker 3: you that I've been promising our current investors are loyal
• 2:56:33
  Speaker 3: and we're getting in from the ground up. I'm not
• 2:56:36
  Speaker 3: going to kick them out to take a bigger investor.
• 2:56:38
  Speaker 3: I'm just not built like that. Because what's going to
• 2:56:40
  Speaker 3: happen is people are going to hear about our results
• 2:56:43
  Speaker 3: and you're going to get multi-millionaires and people that like
• 2:56:46
  Speaker 3: prey on what's called emerging managers that are performing and
• 2:56:49
  Speaker 3: they're going to say, hey, here's 20 million of our
• 2:56:52
  Speaker 3: family office to put into your fund.
• 2:56:55
  Speaker 1: Will you be sharing the results on a radio program?
• 2:56:58
  Speaker 3: Yes, I will.
• 2:56:59
  Speaker 1: I'll be proud to do it. I'm just checking. I'm
• 2:57:01
  Speaker 1: not trying to get under your skin. I'm just asking
• 2:57:05
  Speaker 1: from my perspective on the program. And once it starts
• 2:57:09
  Speaker 1: in June. we can talk week to week. If we're
• 2:57:12
  Speaker 1: not interrupted by the guardians where you are percentage wise.
• 2:57:16
  Speaker 3: That's exactly right. I probably prefer a 30 day because
• 2:57:19
  Speaker 3: that's going to be, it's going to be what's called
• 2:57:20
  Speaker 3: the true nav. But I will definitely give that a plus.
• 2:57:24
  Speaker 3: It has to be audited. I want to make sure
• 2:57:25
  Speaker 3: that it is to the penny exactly what it is,
• 2:57:28
  Speaker 3: because then I'm, kind of breaking some compliance there, so
• 2:57:30
  Speaker 3: I want to make sure it's audited. Then I'll obviously
• 2:57:33
  Speaker 3: text you and say, Ron, here's the validated yield or
• 2:57:36
  Speaker 3: return on investment, and then I'll talk about it. I'm
• 2:57:39
  Speaker 3: also going to have, for our investors only, or excuse me,
• 2:57:43
  Speaker 3: our owners and partners, I'm going to have monthly Zoom
• 2:57:46
  Speaker 3: calls to where they can, you know, field questions and
• 2:57:51
  Speaker 3: I can answer them and talk about the strategy and
• 2:57:53
  Speaker 3: what worked and what didn't and what I project as
• 2:57:57
  Speaker 3: far as the economy goes. Obviously, it's a guess, and
• 2:58:00
  Speaker 3: there's going to be a very personal touch to it.
• 2:58:06
  Speaker 1: To a certain extent, it's kind of just a general question.
• 2:58:11
  Speaker 1: A lot of what you're doing as far as starting
• 2:58:13
  Speaker 1: is hedge funds. I guess it would be a yes
• 2:58:16
  Speaker 1: or no question if you can answer it. You've been
• 2:58:18
  Speaker 1: doing privately for yourself. over a period of time.
• 2:58:25
  Speaker 3: Yeah, I did this in my own, I did this
• 2:58:27
  Speaker 3: exact fund with my own money. Because to be honest
• 2:58:30
  Speaker 3: with you, I don't use this term often. I was scared.
• 2:58:34
  Speaker 3: This is a very intimidating, very scary, there's a reason
• 2:58:38
  Speaker 3: why most guys, especially don't do a hedge fund. So
• 2:58:42
  Speaker 3: I did my own money with the test tube, but
• 2:58:45
  Speaker 3: it went a large amount. Let's just say this, it
• 2:58:47
  Speaker 3: was unbelievable. That's as much as I can tell you.
• 2:58:51
  Speaker 3: the return on investment was unbelievable so much. In fact,
• 2:58:53
  Speaker 3: that I didn't believe it when our CTO told me,
• 2:58:56
  Speaker 3: but the results were 12, 12 trailing. So that's it.
• 2:59:01
  Speaker 1: The other, this guy, that's the sixth best in the country.
• 2:59:04
  Speaker 1: Is he assisting you in, in directing this? What, what
• 2:59:08
  Speaker 1: is his role?
• 2:59:09
  Speaker 3: His role is the other money manager. Um, so his,
• 2:59:14
  Speaker 3: we're going to own 60% of his fund, uh, So
• 2:59:18
  Speaker 3: in a roundabout way, he's going to be managing 60%
• 2:59:20
  Speaker 3: of it. And my reasoning for that is it's like
• 2:59:24
  Speaker 3: a hedge. I want to make sure that our clients
• 2:59:26
  Speaker 3: are getting what I think is going to be potentially
• 2:59:30
  Speaker 3: a superior return. And if I'm as good as I
• 2:59:33
  Speaker 3: think I am and have been, and he's as good
• 2:59:35
  Speaker 3: as he thinks he is and has been, I think
• 2:59:40
  Speaker 3: we have a really good chance of giving you a
• 2:59:43
  Speaker 3: good performance as a hedge fund.
• 2:59:45
  Speaker 1: Do you get, go ahead.
• 2:59:46
  Speaker 3: Let me explain the six, like number six in the country.
• 2:59:49
  Speaker 3: So you can, just like in sports, you can sign
• 2:59:52
  Speaker 3: up for as a hedge fund manager performance. So that's
• 2:59:56
  Speaker 3: one thing that I want to do. I want to,
• 2:59:58
  Speaker 3: so I'm saying I want to try to be number one.
• 3:00:00
  Speaker 3: You can sign up for literally competitions. He finished number
• 3:00:03
  Speaker 3: six in the entire, in the entire country for competition.
• 3:00:06
  Speaker 3: So that's where that came from.
• 3:00:09
  Speaker 1: That's pretty impressive in the entire country.
• 3:00:10
  Speaker 3: It's amazing. It's, it's, it's, As soon as you meet him,
• 3:00:13
  Speaker 3: you understand why. I'm going to have him on the show,
• 3:00:16
  Speaker 3: I think, next week if we have to go on
• 3:00:18
  Speaker 3: the game.
• 3:00:18
  Speaker 12: All right.
• 3:00:19
  Speaker 3: But as soon as you meet and talk to him,
• 3:00:20
  Speaker 3: he's one of these brainchilds.
• 3:00:23
  Speaker 1: I'm always interested in how those guys tick. I'm interested
• 3:00:29
  Speaker 1: in how they ever got to where they are, you know,
• 3:00:32
  Speaker 1: why they didn't just go out and get a job
• 3:00:34
  Speaker 1: as an accountant or something like that. You follow me?
• 3:00:36
  Speaker 1: I'm always interested in their life story. No, I missed
• 3:00:42
  Speaker 1: what you said about, what did you say, high school?
• 3:00:45
  Speaker 12: His name's Steve.
• 3:00:47
  Speaker 3: Steve started, and you'll appreciate this, lawn care service. He
• 3:00:50
  Speaker 3: had his own lawn care service. And he was incredibly intelligent.
• 3:00:55
  Speaker 3: him and his two partners, um, and, and Gabe, they
• 3:00:59
  Speaker 3: had a lawn care service and he said he can not,
• 3:01:02
  Speaker 3: he can't stand the smell of gasoline and oil and grass.
• 3:01:05
  Speaker 3: He literally makes him sick to this day because he
• 3:01:06
  Speaker 3: did it so much. And he said, I'm going to
• 3:01:08
  Speaker 3: figure out a way to make a ton of money
• 3:01:11
  Speaker 3: doing something else with my brain. And so he created
• 3:01:13
  Speaker 3: a couple, you know, AI businesses, some stuff like in
• 3:01:18
  Speaker 3: you here in California, create those businesses. He sold for
• 3:01:20
  Speaker 3: a ton of money. He learned the money management thing. And, uh,
• 3:01:24
  Speaker 3: He's killing it. He's a multi-multi-millionaire and sits in his
• 3:01:28
  Speaker 3: house all day and just trades and manages the fund.
• 3:01:31
  Speaker 1: Isn't that amazing in this country of ours? I mean,
• 3:01:34
  Speaker 1: that is truly the American. When I hear people talk
• 3:01:39
  Speaker 1: about America, what other country can you do something like
• 3:01:42
  Speaker 1: that in other than this great country of ours?
• 3:01:45
  Speaker 3: That's why I love America.
• 3:01:47
  Speaker 1: And I think we all should. Well, tomorrow is a
• 3:01:50
  Speaker 1: big day and... I just want to end the program
• 3:01:54
  Speaker 1: by saying congratulations. I'm glad you achieved something that you
• 3:01:58
  Speaker 1: wanted to achieve in your life by getting your own
• 3:02:00
  Speaker 1: hedge funds. I congratulate you on doing that. I think
• 3:02:04
  Speaker 1: it's going to be a tremendous amount of pressure, but
• 3:02:07
  Speaker 1: I know that you thrive on it for some reason.
• 3:02:10
  Speaker 21: I do.
• 3:02:12
  Speaker 1: I'll tell you, I've got to step outside of the
• 3:02:15
  Speaker 1: program and say, I've just noticed, folks, to me it's
• 3:02:19
  Speaker 1: like almost this guy has a photographic memory. I mean,
• 3:02:21
  Speaker 1: it's just really, no offense, I don't mean to, it's
• 3:02:25
  Speaker 1: really strange. I mean, I just, I mean, things that are,
• 3:02:32
  Speaker 1: I'll have to get into that on a whole other program.
• 3:02:34
  Speaker 1: I just, all these, when you pursue licenses in other arenas,
• 3:02:40
  Speaker 1: It doesn't seem like you have to work very hard
• 3:02:41
  Speaker 1: to get them. That's a blessing. All right, John. I
• 3:02:45
  Speaker 1: look forward to Friday being terrific for you, and I
• 3:02:49
  Speaker 1: look forward to talking to you next week. What a joy.
• 3:02:53
  Speaker 1: Thank you, John Arnold.
• 3:02:54
  Speaker 2: Appreciate it.
• 3:02:55
  Speaker 14: Thank you.
• 3:02:55
  Speaker 1: That's John Arnold's Money Talks on NewsRadio 570.
• 3:03:05
  Speaker 21: From ABC News, I'm Dave Packer.
• 3:03:08
  Speaker 29: President Trump getting ready for day two of his high-stakes
• 3:03:11
  Speaker 29: trip to China. The president's first meeting with Chinese President
• 3:03:14
  Speaker 29: Xi Jinping lasted more than two hours.
• 3:03:16
  Speaker 21: ABC's Mary Bruce.
• 3:03:17
  Speaker 30: Xi delivering a stark warning to Trump about Taiwan, which
• 3:03:21
  Speaker 30: Beijing claims is its own territory. According to China's state media,
• 3:03:25
  Speaker 30: Xi telling Trump if the issue is handled poorly, the
• 3:03:29
  Speaker 30: two countries will collide or even clash.
• 3:03:32
  Speaker 1: Trump, tight-lipped. How are your talks, sirs?
• 3:03:37
  Speaker 3: It's great.
• 3:03:38
  Speaker 2: Great place.
• 3:03:39
  Speaker 8: Incredible.
• 3:03:40
  Speaker 1: China's beautiful.
• 3:03:42
  Speaker 30: Trump hoped to use their sit-down to seal deals on
• 3:03:45
  Speaker 30: trade and technology, bringing along with him over a dozen
• 3:03:48
  Speaker 30: American business leaders.
• 3:03:49
  Speaker 21: Russia pummeling Ukraine's capital today.
• 3:03:52
  Speaker 29: Hundreds of drones and missiles making it the largest attack
• 3:03:55
  Speaker 29: since the war began.
• 3:03:56
  Speaker 21: ABC's Marcus Moore.
• 3:03:58
  Speaker 31: An urgent search and rescue effort is underway right now
• 3:04:00
  Speaker 31: at the site of a devastating strike in Kiev. A
• 3:04:03
  Speaker 31: nine-story apartment building was hit there, and crews have been
• 3:04:06
  Speaker 31: working to rescue people from the rubble of that collapsed building.
• 3:04:09
  Speaker 29: At least 21 people have been killed in strikes over
• 3:04:11
  Speaker 29: the last two days, and that number could rise. The
• 3:04:14
  Speaker 29: Supreme Court is preserving broad access to the abortion pill
• 3:04:17
  Speaker 29: Mifepristone without an in-person visit to the doctor. This keeps
• 3:04:21
  Speaker 29: a hold on a lower court order that would have
• 3:04:23
  Speaker 29: restricted the drug's availability as litigation over FDA safety regulations continues.
• 3:04:29
  Speaker 29: The number of people being monitored for Hantavirus now at
• 3:04:31
  Speaker 29: least 41 in 12 states.
• 3:04:33
  Speaker 21: The CDC's Hantavirus lead, Dr. David Fitter. We're working very.
• 3:04:37
  Speaker 26: Closely with all the state and local health departments to
• 3:04:40
  Speaker 26: monitor everybody, all the contacts that are coming back.
• 3:04:44
  Speaker 29: Meanwhile, the American doctor who was reported to be positive
• 3:04:48
  Speaker 29: for the virus in inconclusive testing now says he's tested
• 3:04:51
  Speaker 29: negative and has been moved out of a Nebraska biocontainment
• 3:04:55
  Speaker 29: unit and is back in the same facility as the
• 3:04:58
  Speaker 29: other passengers of the infected cruise ship.
• 3:05:00
  Speaker 21: You're listening to ABC News.
• 3:05:04
  Speaker 32: Hot summer days and high energy bills are on the way.
• 3:05:07
  Speaker 32: Upgrade your home's old leaky windows this month during Window
• 3:05:10
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• 3:05:14
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  Speaker 32: In select markets, trust our family of brands, New South
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  Speaker 32: Window and Armor View. That's 866-286-70 or windownation.com to book
• 3:05:28
  Speaker 32: a consultation.
• 3:05:34
  Speaker 33: I've been telling you all about the secret war on
• 3:05:35
  Speaker 33: our cash and the free report. You can receive a
• 3:05:37
  Speaker 33: copy of by contacting Swiss America at 800-289-2646. I'd also
• 3:05:42
  Speaker 33: like to encourage you to subscribe to their podcast on YouTube.
• 3:05:45
  Speaker 33: Just search Swiss America Trading. The podcast can provide you
• 3:05:48
  Speaker 33: a ton of vital information and financial news in the
• 3:05:51
  Speaker 33: challenging and uncertain times we're in.
• 3:05:53
  Speaker 1: Subscribe today.
• 3:05:54
  Speaker 33: Learn more about BRICS, industry leaders, and their market predictions
• 3:05:57
  Speaker 33: for the future, along with what you might expect to
• 3:05:58
  Speaker 33: see in terms of precious metal performance in the weeks
• 3:06:01
  Speaker 33: and months ahead. Message and data rates may apply.
• 3:06:04
  Speaker 29: For the first time since the start of the war
• 3:06:06
  Speaker 29: in Iran, the Dow has hit over the 50,000 mark.
• 3:06:09
  Speaker 21: All three U.S.
• 3:06:10
  Speaker 29: Stock indices edged higher in Thursday trading, fueled by positive
• 3:06:14
  Speaker 29: earnings from tech giant Cisco.
• 3:06:16
  Speaker 21: Meanwhile, unemployment claims ticked up last week.
• 3:06:18
  Speaker 29: Retail sales were up about a half a percentage point
• 3:06:21
  Speaker 29: in April, which is a slowdown compared to prior months.
• 3:06:24
  Speaker 29: It could indicate that Americans are trying to economize due
• 3:06:27
  Speaker 29: to higher gas prices caused by the war in Iran.
• 3:06:31
  Speaker 29: One county in California is taking action against kids riding
• 3:06:34
  Speaker 29: e-bikes and e-motorcycles.
• 3:06:36
  Speaker 34: In Orange County, since January, prosecutors have filed charges against
• 3:06:40
  Speaker 34: three parents for allowing their kids to illegally ride e-motorcycles.
• 3:06:44
  Speaker 34: That includes a mother of a 14-year-old boy. She is
• 3:06:47
  Speaker 34: facing involuntary manslaughter charges for her son hitting and killing
• 3:06:51
  Speaker 34: an elderly man while her son was riding an e-motorcycle. Now,
• 3:06:54
  Speaker 34: the Orange County DA's office is launching a prosecution unit
• 3:06:58
  Speaker 34: to go after parents and kids who break the law
• 3:07:00
  Speaker 34: while riding.
• 3:07:01
  Speaker 1: DA Todd Spitzer.
• 3:07:02
  Speaker 3: Whether you like it or not, we're responsible for the
• 3:07:04
  Speaker 3: conduct of our children.
• 3:07:05
  Speaker 34: The unit will review all potential criminal charges, including for
• 3:07:08
  Speaker 34: parents who let their children illegally ride e-bikes and e-motorcycles.
• 3:07:13
  Speaker 1: Alex Stone, ABC News, Los Angeles.
• 3:07:16
  Speaker 29: Three of the largest cell phone companies in the U.S.
• 3:07:18
  Speaker 29: say they will team up to get rid of dead zones.
• 3:07:21
  Speaker 29: AT & T, T-Mobile and Verizon say in a statement
• 3:07:24
  Speaker 29: they will tap into satellite networks to fill in the gaps,
• 3:07:27
  Speaker 29: particularly in rural areas.
• 3:07:30
  Speaker 1: Dave Packer, ABC News.
• 3:07:34
  Speaker 32: Hot summer days and high energy bills are on the way.
• 3:07:37
  Speaker 32: Upgrade your home's old leaky windows this month during WindowNation's buy, forget,
• 3:07:41
  Speaker 32: for free sale. Yes, half of your new, beautiful, energy-efficient windows, free. Plus,
• 3:07:46
  Speaker 32: no money down and no monthly payments or interest for
• 3:07:48
  Speaker 32: two years. Call now, 866-286-70 or WindowNation.com. In select markets,
• 3:07:55
  Speaker 32: trust our family of brands, New South Window and Armor View.
• 3:07:57
  Speaker 32: That's 866-286-70 or WindowNation.com to book a consultation.