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The Ron Verb Show - 5pm Hour Tuesday, 07/28/26 · Ron Verb

• 0:00
  Speaker 1: Now, Ron Verb on NewsRadio 570 WKBN.
• 0:06
  Speaker 2: Well, you could say this. What a game we had
• 0:08
  Speaker 2: this afternoon, huh? What a terrific game. And luckily, luckily,
• 0:13
  Speaker 2: on the winning side of it, Guardians pick up a
• 0:16
  Speaker 2: victory today.
• 0:17
  Speaker 3: Long needed, I might add.
• 0:19
  Speaker 2: And so welcome, to say the least, but a nice
• 0:21
  Speaker 2: victory from the Guardians here on the first of a
• 0:25
  Speaker 2: doubleheader due to the rain delay yesterday. So consequently, we
• 0:29
  Speaker 2: had a, what, 6-5 win over those Cincinnati Reds.
• 0:32
  Speaker 3: That's the good news.
• 0:34
  Speaker 2: And next game, about 7.05, 6.30 pregame here on NewsRadio
• 0:38
  Speaker 2: 570 WKBN.
• 0:39
  Speaker 4: So..
• 0:40
  Speaker 2: More Guardians baseball coming up. But heck of a game, man.
• 0:45
  Speaker 2: I mean, when you're looking at that long game, too. Long,
• 0:48
  Speaker 2: long game today. Because you had so much hitting that's
• 0:51
  Speaker 2: going on. Which is interesting. If you follow the Guardians
• 0:54
  Speaker 2: the other day. The other day was a low-scoring game.
• 0:58
  Speaker 2: And when you get into these low-scoring games, I mean,
• 1:01
  Speaker 2: they go by so quickly. It's incredible. And it was
• 1:05
  Speaker 2: going by very quickly. Let me flash back to– what
• 1:08
  Speaker 2: day was that?
• 1:10
  Speaker 3: Monday, right?
• 1:12
  Speaker 2: Was it– I got to mull it over. Was it– no,
• 1:19
  Speaker 2: let's see. One of the days– what was I– No,
• 1:27
  Speaker 2: it was Thursday, last Thursday. It was a quick-moving game.
• 1:31
  Speaker 2: So if you go back to Thursday, it was a
• 1:33
  Speaker 2: quick-moving game with almost no score at all. It was
• 1:38
  Speaker 2: a one-to-nothing game for most of it. So for the
• 1:41
  Speaker 2: most part, you had batters up and down. I mean,
• 1:44
  Speaker 2: three up, three strikeouts. So the game was moving really fast.
• 1:49
  Speaker 2: This is going back to last Thursday's game. And I mean,
• 1:53
  Speaker 2: it would have been over in a blink of an eye,
• 1:55
  Speaker 2: that game, if it wasn't for the fact that it
• 1:59
  Speaker 2: ended up being tied. Late in the game, they tied
• 2:04
  Speaker 2: the game up at 1-1. And then it went into overtime.
• 2:07
  Speaker 2: Extra innings, I think it was like 13 innings or
• 2:10
  Speaker 2: so before it ended. But if they didn't tie it up,
• 2:13
  Speaker 2: the game would have been over in no time. Because
• 2:15
  Speaker 2: when you get into these low-scoring games, like I say,
• 2:17
  Speaker 2: and there's plenty of strikeouts and there's not a lot
• 2:20
  Speaker 2: of scores going on, the games go by really, really fast.
• 2:24
  Speaker 2: But that game on Thursday looked like it was going
• 2:26
  Speaker 2: to be the case until it went in extra innings.
• 2:28
  Speaker 2: And today's game... I mean, just an exciting game, to
• 2:32
  Speaker 2: say the least. I mean, with a 6-5 final was
• 2:36
  Speaker 2: just an exciting game. It's part of what makes summertime
• 2:39
  Speaker 2: special right here in our neck of the woods. Listen
• 2:41
  Speaker 2: to Tom Hamilton and Rosie in those afternoon games. Anyway,
• 2:45
  Speaker 2: good afternoon. Ron Furb will be with you until 6 tonight.
• 2:47
  Speaker 2: NewsRadio 570 WKBN. Then round two happens tonight. 6.30 is
• 2:52
  Speaker 2: the pregame as far as the Guardians are concerned. A
• 2:56
  Speaker 2: little after 7 o'clock, first pitch, round two. Enough time
• 3:00
  Speaker 2: for those guys to go in and have some dinner
• 3:03
  Speaker 2: or have some lunch or get a pep talk or
• 3:05
  Speaker 2: whatever and get back out on the field. On what
• 3:08
  Speaker 2: is a glorious day, incidentally. Perfect day, 78 degrees. All right,
• 3:12
  Speaker 2: enough said. Top secret number as always, 330-729-9977.
• 3:14
  Speaker 5: 330-729-9977.
• 3:14
  Speaker 2: If you'd like to pick up the phone and give
• 3:16
  Speaker 2: us a call, we encourage you to do so. Here's
• 3:26
  Speaker 2: the update that I want to pass along to you.
• 3:28
  Speaker 3: The U.S.
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  Speaker 2: Strategic Petroleum Reserve is under strain as massive stockpiles. The U.S.
• 3:35
  Speaker 2: Petroleum Reserve is under strain as massive stockpile releases in
• 3:40
  Speaker 2: response to wars in the Middle East and Europe have
• 3:43
  Speaker 2: stressed old infrastructure in need of repair. The SPR, that's
• 3:48
  Speaker 2: short for the Strategic Petroleum Reserve, this week fell to
• 3:51
  Speaker 2: its lowest level since March 1983.
• 3:56
  Speaker 3: After the U.S.
• 3:57
  Speaker 2: Withdrew 352 million barrels of crude oil in four years
• 4:03
  Speaker 2: to ease supply disruptions triggered by its war with Iran
• 4:07
  Speaker 2: and Russia's invasion of Ukraine. Federal auditors have found that
• 4:12
  Speaker 2: the Strategic Petroleum Reserve's ability to respond to future emergencies
• 4:17
  Speaker 2: is at risk. They may report, quoted to the Department
• 4:21
  Speaker 2: of Energy officials, telling auditors that the reserve's web of pipelines—
• 4:26
  Speaker 2: caverns and storage tanks is held together with band-aids and
• 4:32
  Speaker 2: it is uncertain how long they will hold.
• 4:35
  Speaker 3: What's that mean?
• 4:36
  Speaker 2: The SBR's drawdown distribution and fill capabilities are currently limited
• 4:44
  Speaker 2: and are at risk of going forward due to long-standing
• 4:48
  Speaker 2: issues with aging infrastructures compounding with ongoing major constructions intended
• 4:54
  Speaker 2: to address them.
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  Speaker 3: Did you know the Strategic.
• 4:58
  Speaker 2: Petroleum Reserves was established in 1975 after a 1973 Arab
• 5:03
  Speaker 2: oil embargo? SPR infrastructure is reaching the end of its
• 5:09
  Speaker 2: life at a time when inventory releases are larger and
• 5:16
  Speaker 2: more frequent. The Energy Department is implementing a $ 1. 4 billion
• 5:22
  Speaker 2: plan to repair the SPR but at no cost. but
• 5:27
  Speaker 2: had to narrow the scope of the project to stay
• 5:30
  Speaker 2: within budget. Let's see, President Trump in March ordered the
• 5:34
  Speaker 2: release of 172 million barrels from the SBR as Iran
• 5:39
  Speaker 2: choked off oil exports through the strait, triggering the largest
• 5:44
  Speaker 2: supply disruption in history. Government inventories fell last week by
• 5:49
  Speaker 2: 3.7 million barrels to a total of about 308 million barrels.
• 5:55
  Speaker 2: The SBR will fall to about 243 million barrels when
• 5:58
  Speaker 2: Trump's release is fully executed, according to data from the
• 6:03
  Speaker 2: Energy Information Administration. The emergency stockpile has an authorized storage
• 6:08
  Speaker 2: capacity of 714 million barrels. So they say you're going
• 6:13
  Speaker 2: to go from, what, 714 million barrels down to 243.
• 6:19
  Speaker 2: So they've been drawing a lot of stuff out of
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  Speaker 2: that reserve. The federal auditors found that more than a
• 6:28
  Speaker 2: quarter of the SBR was not available for drawdown due
• 6:33
  Speaker 2: to a combination of construction outages and cavern outages. This
• 6:39
  Speaker 2: implies that a minimum of 103 million barrels in the
• 6:43
  Speaker 2: SBR today are not deployable. The SBR has enough inventory
• 6:49
  Speaker 2: left right now to address another crisis that said the
• 6:53
  Speaker 2: State Department's Special Envoy for International Energy Affairs. I'm not
• 6:58
  Speaker 2: worried about the stability of the reserve or ability to
• 7:01
  Speaker 2: do another drawdown. Federal law does not mandate a minimum
• 7:05
  Speaker 2: operating level for the SBR. But there you go, man.
• 7:08
  Speaker 2: So just stuff you should know. The crude oil in
• 7:14
  Speaker 2: the SBR is stored at 60 salt caverns, thousands of
• 7:18
  Speaker 2: feet underground at four major sites on the Gulf Coast.
• 7:23
  Speaker 2: Water is pumped into the bottom of the caverns to
• 7:26
  Speaker 2: displace the oil to the surface and pump it through
• 7:31
  Speaker 2: wells in the pipelines. The drawdown this year came as
• 7:35
  Speaker 2: inventories were slowly recovering from Russia's invasion of Ukraine. President
• 7:40
  Speaker 2: Joe Biden ordered 180 million barrels released in response to
• 7:43
  Speaker 2: the war in Europe, the largest release in the SBR's history.
• 7:46
  Speaker 2: The massive drawdown served as an unplanned stress test of
• 7:51
  Speaker 2: the SPR's operational capabilities. Every time when you do a drawdown,
• 7:55
  Speaker 2: you accelerate the degradation of the wells themselves and some
• 8:00
  Speaker 2: of the equipment. It's like anything else. You use it
• 8:04
  Speaker 2: a lot, you've got to maintain it. On this Biden
• 8:08
  Speaker 2: release without major equipment failures or crude oil spills, but
• 8:12
  Speaker 2: doing so operationally challenged the system. The drawdowns do not
• 8:20
  Speaker 2: require the triggering of emergency repairs due to leaking water
• 8:24
  Speaker 2: pipes or pipes. So they did require, I should say,
• 8:29
  Speaker 2: the triggering of emergency repairs due to leaking water pipes
• 8:32
  Speaker 2: or pipes.
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  Speaker 5: Hmm.
• 8:36
  Speaker 3: That's interesting. I mean, so there you go. So when
• 8:39
  Speaker 3: they talk about.
• 8:40
  Speaker 2: The strategic oil reserve and all these barrels of oil,
• 8:44
  Speaker 2: it doesn't sound like they're actually barrels of oil. It
• 8:48
  Speaker 2: sounds like they just What, fill that salt cavern?
• 8:50
  Speaker 3: I don't know. Maybe I'm wrong. You're on the air.
• 8:54
  Speaker 6: Yeah, Ron, that makes sense. You pump the oil or
• 8:58
  Speaker 6: water down into the caverns to raise the oil. Have
• 9:01
  Speaker 6: you ever had vinegar and oil salad dressing? The oil
• 9:05
  Speaker 6: always rises to the top.
• 9:08
  Speaker 1: Isn't it interesting?
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  Speaker 3: Here's what I thought. Now, isn't this odd?
• 9:12
  Speaker 2: When they talk about the strategic oil reserves and they
• 9:14
  Speaker 2: talk about how many barrels, I pictured in my mind
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  Speaker 2: someplace where you had those big 55-gallon drum barrels full
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  Speaker 2: of oil.
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  Speaker 3: That's what I pictured in my mind. Seriously. And apparently
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  Speaker 3: that's not the case.
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  Speaker 6: No, it's in the earth. The caverns down deep in
• 9:28
  Speaker 6: the earth.
• 9:29
  Speaker 3: Yeah, they're these salt mines. So what?
• 9:30
  Speaker 2: They just fill it with oil and they have all
• 9:34
  Speaker 2: this piping in there.
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  Speaker 5: Right.
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  Speaker 6: And the oil displaces the bottom of the caverns to
• 9:40
  Speaker 6: rise the oil, just like a vinegar and oil salad dressing.
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  Speaker 6: Before you shake it, the olive oil is always on
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  Speaker 6: the top and the vinegar is always on the bottom.
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  Speaker 3: You're almost like a scientist here today.
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  Speaker 4: I am.
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  Speaker 1: I know.
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  Speaker 3: I mean, it's amazing. It's amazing. is a whole new
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  Speaker 3: picture for me.
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  Speaker 2: So basically, they just fill these salt caverns on the
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  Speaker 2: Gulf Coast. They just pump oil into them, and it
• 10:10
  Speaker 2: sits there. And when they need it, they pump water
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  Speaker 2: into the bottom, brings the oil up to the pipeline,
• 10:16
  Speaker 2: and they pump the oil out of there.
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  Speaker 3: There are no barrels.
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  Speaker 6: Ron, you're a genius.
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  Speaker 3: There are no barrels.
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  Speaker 2: I feel like I'm deceived when they say, how do
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  Speaker 2: they know that there's only 173 million barrels left?
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  Speaker 3: They're not in barrels. They're guessing.
• 10:31
  Speaker 2: I know.
• 10:32
  Speaker 6: So in between this new kind of doubleheader, so you're
• 10:37
  Speaker 6: down in the stadium sweeping out the peanut shells for
• 10:41
  Speaker 6: the next people to come in to pay their ticket.
• 10:44
  Speaker 6: You know, I remember the days. We would go buy
• 10:47
  Speaker 6: one ticket and we'd see two games if we had
• 10:49
  Speaker 6: the stamina to watch two games. But that was the day. Doubleheader,
• 10:55
  Speaker 6: one ticket, two games.
• 10:56
  Speaker 2: Let me ask you a serious question. I think, in
• 11:00
  Speaker 2: my opinion... They want baseball to move along too quickly.
• 11:04
  Speaker 2: Baseball is kind of a long, lazy type of game.
• 11:08
  Speaker 2: And this idea puts the ghost runner on base and
• 11:11
  Speaker 2: this kind of stuff. I'm not crazy about that stuff.
• 11:14
  Speaker 3: Are you? No.
• 11:17
  Speaker 2: Go back to the original way baseball was meant to
• 11:19
  Speaker 2: be played. And if it goes 17 innings or 18 innings,
• 11:23
  Speaker 2: so be it. But they want to do this ghost
• 11:26
  Speaker 2: runner stuff and it's like... You guys are ruining the
• 11:29
  Speaker 2: game because you think the game runs too long and
• 11:32
  Speaker 2: you want to move it along.
• 11:33
  Speaker 4: No.
• 11:34
  Speaker 6: And the umpires, we have umpires for a reason. They
• 11:38
  Speaker 6: control the game. They call the game. They call the
• 11:41
  Speaker 6: balls and strikes, the safer outs, whatever. They're in charge.
• 11:46
  Speaker 6: Whether you like it or not, that's it. And sometimes
• 11:51
  Speaker 6: you don't get a good call quite right, but don't
• 11:55
  Speaker 6: take 10 minutes to review the video to see was
• 12:01
  Speaker 6: it really out or was it really a ball?
• 12:06
  Speaker 2: I like the ability to challenge was it a ball
• 12:09
  Speaker 2: or a strike that you can do that. And how often,
• 12:13
  Speaker 2: I'm surprised how often the umpire got it wrong. So, no,
• 12:17
  Speaker 2: I don't mind that.
• 12:19
  Speaker 7: It's stupid.
• 12:20
  Speaker 6: I miss the good old days when Weaver from the
• 12:24
  Speaker 6: Baltimore Orioles would come out there and kick dirt on
• 12:27
  Speaker 6: the umpire's shoes, you know.
• 12:29
  Speaker 3: Billy Martin. Billy Martin.
• 12:31
  Speaker 6: And Billy Martin, too.
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  Speaker 4: Yeah.
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  Speaker 6: All those guys. It was drama. That was baseball. Drama.
• 12:39
  Speaker 6: Just like life. It's drama. Ask any woman. Women love drama.
• 12:44
  Speaker 6: But anyhow, I got a cool story to fill in
• 12:47
  Speaker 6: this void while you're sweeping those peanut shells.
• 12:50
  Speaker 3: Yes.
• 12:52
  Speaker 6: I have connected with New Jersey Laird. The oldest distillery
• 13:00
  Speaker 6: on this land before the Revolutionary War. George Washington wrote
• 13:06
  Speaker 6: to Laird Distillery to get the recipe so he could
• 13:11
  Speaker 6: make his own Apple Jack brandy.
• 13:13
  Speaker 3: All right, so what's the point of your story?
• 13:15
  Speaker 6: Wait a minute. The tie into this, I worked for
• 13:18
  Speaker 6: Laird Lumber Company in Northeast Ohio.
• 13:21
  Speaker 2: Yeah.
• 13:23
  Speaker 3: That's it?
• 13:23
  Speaker 6: So I bought a whole case of Laird. Applejack brandy,
• 13:30
  Speaker 6: but they sent Laird Applejack blend, which is a whiskey.
• 13:36
  Speaker 6: It's much more powerful, but I'm going.
• 13:38
  Speaker 4: To keep it.
• 13:39
  Speaker 6: But I wrote to the people because they were interviewed
• 13:42
  Speaker 6: on Marie Bartiromo's show because of small businesses, family-run businesses.
• 13:48
  Speaker 6: This is the oldest family-run business on this land, Laird Applejack.
• 13:54
  Speaker 3: This is your story? This is it? So you ordered
• 13:57
  Speaker 3: some booze and that was it? No, but I worked for.
• 13:59
  Speaker 6: Laird Lumber Company. I think there's a connection.
• 14:02
  Speaker 3: I don't think so.
• 14:02
  Speaker 6: Laird Lumber Company built divisions in the ore and coal boats.
• 14:06
  Speaker 2: There isn't a connection. Have you been drinking the liquor?
• 14:10
  Speaker 2: Have you been slugging that liquor down? I think you're
• 14:12
  Speaker 2: drinking it heavily.
• 14:13
  Speaker 3: No, no. I'm serious.
• 14:16
  Speaker 6: But it's a cool story. It was all because of
• 14:19
  Speaker 6: Marie Bartiromo's show.
• 14:20
  Speaker 3: All right. I've had enough. I can't take it anymore.
• 14:23
  Speaker 2: I feel like I just got dumber during that entire call.
• 14:26
  Speaker 3: I don't know why, but you're on the air.
• 14:30
  Speaker 7: Hey, Ron, how you doing, man?
• 14:32
  Speaker 3: I'm okay. Go ahead, sir.
• 14:34
  Speaker 7: Hey, Ron, let me ask you a question, man.
• 14:37
  Speaker 3: Yes, sir.
• 14:37
  Speaker 7: Listen, I voted for Trump three times.
• 14:41
  Speaker 3: Yes, sir.
• 14:42
  Speaker 7: I'm a Trump supporter, but I got to tell you something.
• 14:46
  Speaker 7: I'm not real happy what's going on right now.
• 14:49
  Speaker 4: Yes, sir.
• 14:51
  Speaker 7: What do you think... Why are we not opening up
• 14:58
  Speaker 7: the strait? What's the hidden agenda? Is it he doesn't
• 15:01
  Speaker 7: want to put boots on the ground? What is your
• 15:04
  Speaker 7: opinion on that?
• 15:06
  Speaker 2: Well, it isn't about us opening up the strait. It's
• 15:08
  Speaker 2: Iran who's got the location there by the straits is
• 15:14
  Speaker 2: the ones who are closing the straits. We can't really
• 15:17
  Speaker 2: open it up. We didn't close it down. They closed
• 15:21
  Speaker 2: it down. And it's not like you've hit a light
• 15:25
  Speaker 2: switch and you can open it back up.
• 15:28
  Speaker 3: If you look at the geography, they're located there.
• 15:31
  Speaker 2: So they have control over that And they can close
• 15:35
  Speaker 2: it down, and that's what they're doing. I mean, and
• 15:38
  Speaker 2: that's what they've done. Now, you're saying to me, why
• 15:41
  Speaker 2: doesn't Trump do more? Well, I don't think the country
• 15:43
  Speaker 2: wants boots on the ground. Stand by for a second, caller.
• 15:45
  Speaker 2: Just stand by. I'll let you continue your thoughts. Interesting caller,
• 15:49
  Speaker 2: interesting question. Back in a minute.
• 15:51
  Speaker 3: Stay tuned. If you run a business, you know KBN.
• 15:59
  Speaker 3: So basically, you want to know why Trump is a
• 16:01
  Speaker 3: more aggressive person?
• 16:04
  Speaker 7: Well, you know, we hear these reports that we're running
• 16:08
  Speaker 7: out of ammunition. I don't know what to believe. I'm
• 16:11
  Speaker 7: just saying that it's just not looking good. I own
• 16:15
  Speaker 7: a company here in Youngstown, a service company, and summer
• 16:20
  Speaker 7: is where we make our money. I'm just telling you
• 16:23
  Speaker 7: that they could tell me the economy's good, but people
• 16:27
  Speaker 7: are not spending money, Ron. I'm usually a month booked.
• 16:31
  Speaker 7: I'm filling in weeks at a time. And I'm feeling it.
• 16:35
  Speaker 7: And I'm just saying, I voted for Trump. I'm behind him,
• 16:40
  Speaker 7: but it's not looking good. I just wish that he
• 16:44
  Speaker 7: either got a crap or get off the pot is
• 16:46
  Speaker 7: what I'm saying. Do we have enough ammunition to do it?
• 16:50
  Speaker 7: We need to forcibly go take it over and open
• 16:52
  Speaker 7: this straight.
• 16:55
  Speaker 2: Well, I hear what you're saying. I think that's easier
• 16:58
  Speaker 2: said than done. I mean, I think that's easy to
• 17:02
  Speaker 2: say that, but it's difficult to accomplish that.
• 17:07
  Speaker 7: So we're in the middle of a nightmare kind of.
• 17:10
  Speaker 3: With this war.
• 17:11
  Speaker 5: Yes, yes.
• 17:12
  Speaker 7: We either got to go fully forward or we got
• 17:15
  Speaker 7: to get out. There's no middle ground. You can't negotiate
• 17:19
  Speaker 7: with these wackos. And he keeps saying we're going to negotiate.
• 17:23
  Speaker 7: That just buys them time to do what they want
• 17:27
  Speaker 7: to do. I'm just telling you, it doesn't look good
• 17:30
  Speaker 7: for our economy.
• 17:33
  Speaker 3: And you're living it firsthand.
• 17:34
  Speaker 2: You're basically saying, well, when you take a look at
• 17:37
  Speaker 2: this inflation, let me ask you this based on it.
• 17:39
  Speaker 2: We know that electricity costs have doubled. The cost of
• 17:41
  Speaker 2: electricity has doubled. We know gas is at, what, $ 4
• 17:45
  Speaker 2: a gallon, sometimes $ 3. 75, depending on where you are. But
• 17:48
  Speaker 2: gas has gone back up close to $ 4 a gallon.
• 17:52
  Speaker 2: Insurance has doubled. The cost of a house has gone up.
• 17:55
  Speaker 2: Groceries have gone up. Everywhere you turn, everything you look
• 17:58
  Speaker 2: at has gone up. Property taxes, huge increases everywhere you go.
• 18:03
  Speaker 2: Do you think it's just a case of people are
• 18:05
  Speaker 2: running out of money, that they don't have extra income
• 18:08
  Speaker 2: to perhaps take advantage of the service you provide? And
• 18:11
  Speaker 2: they say, well, we'll just do or whatever. Do you
• 18:14
  Speaker 2: think that might be the cause of it?
• 18:16
  Speaker 7: I think that's a great point, Ron. But when I
• 18:19
  Speaker 7: go back two years ago, when Biden was the president,
• 18:22
  Speaker 7: I was still a month booked. Even with his inflation
• 18:27
  Speaker 7: and his absolute craziness as a president, I was still
• 18:32
  Speaker 7: booked and people were spending. I think people have the money.
• 18:35
  Speaker 7: Maybe you're right.
• 18:37
  Speaker 4: I agree with you.
• 18:38
  Speaker 7: But if they do have the money, I think they're
• 18:40
  Speaker 7: holding on to see how this war ends. And what
• 18:44
  Speaker 7: our future holds.
• 18:45
  Speaker 2: Well, the only thing I would do is I would
• 18:48
  Speaker 2: counter that by saying I don't think people have the money.
• 18:51
  Speaker 2: I don't think you can double the cost of electricity.
• 18:55
  Speaker 2: You can have $ 4 gas. You can have double-digit increases
• 18:58
  Speaker 2: in necessities, whether that's food or insurance or the cost
• 19:02
  Speaker 2: of a house. All the stuff that you need, natural gas,
• 19:06
  Speaker 2: everything costs way more. And I don't know anybody whose
• 19:09
  Speaker 2: income has kept pace with that inflation. I don't know
• 19:12
  Speaker 2: anybody who's been able to say their pay has not
• 19:17
  Speaker 2: kept pace with it.
• 19:18
  Speaker 3: So I would say... Yeah, you might, yeah. You might
• 19:21
  Speaker 3: be right.
• 19:21
  Speaker 7: I mean, because when things are passed on to us,
• 19:24
  Speaker 7: when our suppliers and wholesalers pass... When we get material markups,
• 19:29
  Speaker 7: that's got to go to.
• 19:30
  Speaker 4: The consumer, unfortunately.
• 19:31
  Speaker 5: Yes.
• 19:32
  Speaker 7: So we've had over, we're close to probably 40% material
• 19:37
  Speaker 7: markup in the last three years, Ron.
• 19:39
  Speaker 4: 40%.
• 19:41
  Speaker 3: What type of products? Like vinyl siding or what type of?
• 19:45
  Speaker 7: No, I own a local HVAC company.
• 19:49
  Speaker 3: Okay, yeah.
• 19:49
  Speaker 1: Oh, you?
• 19:50
  Speaker 3: Right, yeah.
• 19:51
  Speaker 2: Yeah, Dieter has told me that the increase of furnaces
• 19:54
  Speaker 2: and air conditioning has gone through the roof.
• 19:56
  Speaker 3: It's ridiculous, yeah.
• 19:58
  Speaker 7: And unfortunately, you've got to pass, just like the gas,
• 20:02
  Speaker 7: we've got to charge a surcharge on service calls now.
• 20:05
  Speaker 4: When it's over, like, 4 or.
• 20:07
  Speaker 7: 450, that's when I impose that.
• 20:09
  Speaker 2: Yeah.
• 20:10
  Speaker 7: But it's just, I'm just kind of a nervous wreck
• 20:13
  Speaker 7: a little bit, and I just hope and pray that
• 20:19
  Speaker 7: we just get out of this mess, because have you
• 20:21
  Speaker 7: heard anything about us running out of any mission? Are
• 20:24
  Speaker 7: we supposed to believe this or not?
• 20:26
  Speaker 3: I don't know. I hear that we're low on..
• 20:32
  Speaker 2: Some of our missiles and things, but that's what I hear.
• 20:36
  Speaker 2: I have no idea of knowing for certain, but I
• 20:39
  Speaker 2: would suspect there's truth to that because we've been using
• 20:41
  Speaker 2: so much of it. I would suspect there's a lot
• 20:43
  Speaker 2: of truth to that. But I'm more concerned with how
• 20:46
  Speaker 2: low the oil reserves are. That's what concerns me because
• 20:50
  Speaker 2: that can change things overnight but i'll tell you this
• 20:53
  Speaker 2: much the government has made a lot of stupid rules
• 20:55
  Speaker 2: in your business where they keep changing the freon that
• 20:58
  Speaker 2: they put in and keep charging you more and the
• 21:01
  Speaker 2: new systems are under such high pressure i think they'll
• 21:04
  Speaker 2: like stand by for a minute hang in there for
• 21:05
  Speaker 2: a minute i want to talk more to him in
• 21:07
  Speaker 2: a minute.
• 21:09
  Speaker 8: With the NCAA now allowing schools to sell the two
• 21:11
  Speaker 8: commercial logos on their apparel, Ohio State University Athletics announcing
• 21:15
  Speaker 8: today a new sponsorship with JPMorgan Chase, which OSU says
• 21:18
  Speaker 8: will enhance NIL opportunities and enhance the fan experience. A
• 21:21
  Speaker 8: patch featuring the Chase logo will be on the uniforms
• 21:24
  Speaker 8: of all 36 men's and women's varsity sports programs. In
• 21:27
  Speaker 8: northwest Ohio, Tiffin Police investigating several reports of checks written
• 21:31
  Speaker 8: to pay water bills being stolen from public mailboxes, which
• 21:33
  Speaker 8: were then altered and changed to higher amounts, impacting seven residents.
• 21:38
  Speaker 8: Investigators believe the thefts happened outside their jurisdiction. Police say
• 21:41
  Speaker 8: if residents plan to mail a check, they should do
• 21:43
  Speaker 8: so by dropping it off inside their local post office. FlexJet,
• 21:47
  Speaker 8: a private air travel company based out of the Cuyahoga
• 21:49
  Speaker 8: County Airport, is planning to expand, building a new office,
• 21:52
  Speaker 8: a new hangar, along with expanding its maintenance and repair
• 21:54
  Speaker 8: facilities in Richmond Heights, creating close to 1,000 new jobs
• 21:57
  Speaker 8: by 2031. I'm Sean Gallagher.
• 22:00
  Speaker 1: Listen on the free iHeartRadio app for all your music, news, talk,
• 22:03
  Speaker 1: and sports radio.
• 22:05
  Speaker 3: Podcast 2. Download the app.
• 22:07
  Speaker 4: Free never sounded so good.
• 22:09
  Speaker 1: From the 8, Ron Verb. On NewsRadio 570 WKBN. All right,
• 22:15
  Speaker 1: I'm back at it. NewsRadio 570 WKBN.
• 22:18
  Speaker 2: It's 535, and it's good to be with you on
• 22:22
  Speaker 2: NewsRadio 570 WKBN.
• 22:22
  Speaker 3: I lost my connection to the HVAC guy.
• 22:28
  Speaker 2: But I was going to tell them the government keeps
• 22:31
  Speaker 2: making these regulations, changing the coolant that you got to
• 22:34
  Speaker 2: put in your air conditioning system. So making it very
• 22:38
  Speaker 2: expensive to repair your existing system because they want you
• 22:43
  Speaker 2: to get a new one with the new coolants. And
• 22:47
  Speaker 2: they just keep changing it all the time, constantly changing.
• 22:51
  Speaker 2: making it difficult because they charge you so much to
• 22:55
  Speaker 2: redo it. Now, these new systems, as I understand it,
• 22:58
  Speaker 2: with this new coolant that they have in it, it's
• 23:00
  Speaker 2: under a lot more pressure than the old systems are.
• 23:03
  Speaker 2: So I would think the more pressure, the more prone
• 23:07
  Speaker 2: they would be to spring in a leak as time
• 23:09
  Speaker 2: goes on.
• 23:10
  Speaker 3: Just my thoughts.
• 23:13
  Speaker 2: Hello?
• 23:14
  Speaker 4: Good evening, Ron.
• 23:15
  Speaker 3: How are you? Ladies and gentlemen, that sounds like it's
• 23:18
  Speaker 3: the voice of G2.
• 23:22
  Speaker 4: Deep in the bunker. Yeah.
• 23:23
  Speaker 2: How do you answer that guy that says, you know,
• 23:26
  Speaker 2: he's in the HVAC business. He says, I can tell
• 23:28
  Speaker 2: you right now, people aren't spending as much. He's affected
• 23:31
  Speaker 2: by the economy. And he voted for Trump, and he's discouraged,
• 23:37
  Speaker 2: he said. He didn't have the slowdown even under Biden,
• 23:40
  Speaker 2: he said. But right now, things are not as good.
• 23:43
  Speaker 2: And I try to tell him it has to do
• 23:45
  Speaker 2: with inflation. People don't have as much money. And all
• 23:48
  Speaker 2: of his expenses, he said, his stuff has gone up 40%.
• 23:52
  Speaker 2: The cost of a new furnace and air conditioning system
• 23:55
  Speaker 2: has gone up 40%.
• 23:56
  Speaker 3: And I told him, what are your thoughts? What do
• 23:59
  Speaker 3: you say to the guy?
• 24:00
  Speaker 4: Well, I think what you're talking about is what we
• 24:02
  Speaker 4: were trying to get through yesterday. And I did listen
• 24:05
  Speaker 4: to the rest of the show last evening, so I
• 24:07
  Speaker 4: heard Frank's comments. So I'll go real slow so Frank
• 24:10
  Speaker 4: can keep up, because he clearly has no idea what
• 24:13
  Speaker 4: he's talking about. So here's what I think. You just
• 24:17
  Speaker 4: walked through one of the perfect examples of regulatory-driven inflation.
• 24:22
  Speaker 4: where these HVAC systems are being changed for no market reason,
• 24:26
  Speaker 4: no practical purpose. It's just the endless bureaucracy that constantly
• 24:30
  Speaker 4: cranks out these regulations and the legislature, state and federal,
• 24:34
  Speaker 4: that keep backing it up and doubling down. This is
• 24:38
  Speaker 4: absolutely unnecessary. Now, this ties to what we were talking
• 24:41
  Speaker 4: about last night, because obviously none of this has anything
• 24:44
  Speaker 4: to do with the Strait of Hormuz. If you look
• 24:47
  Speaker 4: at inflation... using not the BLS numbers, the Bureau of
• 24:51
  Speaker 4: Labor Statistics. I haven't used that in years. That's old school.
• 24:53
  Speaker 4: It's never right. I think Frank even said yesterday that
• 24:57
  Speaker 4: here's the number from the BLS, but it could be higher,
• 24:59
  Speaker 4: it could be lower.
• 25:00
  Speaker 3: Who knows, right? Well, they've cooked those numbers.
• 25:02
  Speaker 2: You know as well as I do, I don't care
• 25:04
  Speaker 2: if it's Democrats or Republicans, once you'd stop collecting unemployment,
• 25:08
  Speaker 2: you're no longer counted. And then I don't think the
• 25:10
  Speaker 2: numbers have been accurate for many, for decades.
• 25:14
  Speaker 4: No, that's why I don't use them. So if you
• 25:16
  Speaker 4: want to look at actual inflation, From 2020 to now,
• 25:20
  Speaker 4: cost of living overall is up about 30%. If you
• 25:24
  Speaker 4: want to look at the current rate of inflation as
• 25:26
  Speaker 4: of yesterday, it was about 2.11%. That means that we've
• 25:30
  Speaker 4: experienced tremendous inflation over these last six years. Remember, we
• 25:34
  Speaker 4: spent an awful lot of time during the Biden administration
• 25:36
  Speaker 4: explaining the regulatory-driven inflation, the policy-driven inflation, and so on.
• 25:41
  Speaker 4: And when you get to where we are now... Everybody
• 25:45
  Speaker 4: thinks apparently that the inflation came in the last 15
• 25:47
  Speaker 4: months because they are being sort of lied to by
• 25:51
  Speaker 4: people who don't understand or are being dishonest. So the
• 25:55
  Speaker 4: reality is that is a perfect example of regulatory-driven inflation,
• 26:00
  Speaker 4: and we've got a lot of those. Right now, for
• 26:02
  Speaker 4: reasons I haven't fully grasped, eggs are spiking again. But
• 26:05
  Speaker 4: remember when they slaughtered millions of birds? for some silly
• 26:10
  Speaker 4: nonsense about a virus. And they just went on and
• 26:12
  Speaker 4: slaughtered millions and millions of chickens. And suddenly, we had
• 26:16
  Speaker 4: an egg problem. You know, they continue to meddle in
• 26:19
  Speaker 4: our lives in ways they shouldn't. That drives inflation. And
• 26:22
  Speaker 4: then you've got the big hammer, the printing and spending,
• 26:26
  Speaker 4: the fact that we keep diluting the value of the
• 26:28
  Speaker 4: dollar by printing more of them. And so... This has
• 26:33
  Speaker 4: been going on a long time. Now, of course, in
• 26:34
  Speaker 4: the past, what, since February, we've seen energy prices go up.
• 26:39
  Speaker 4: But before that began to affect inflation, Trump's policies had
• 26:44
  Speaker 4: inflation down to 0.68%.
• 26:47
  Speaker 2: And gasoline down to 250 a gallon.
• 26:51
  Speaker 4: Yeah, I mean, it was great. I mean, inflation was
• 26:53
  Speaker 4: down to 0.68. Now it's up to 2.11. But again,
• 26:59
  Speaker 4: you know, all these folks are experiencing what happened over five,
• 27:02
  Speaker 4: six years. And it's been brutal. But, no, it hasn't
• 27:04
  Speaker 4: happened in the last 18 months, nor has it happened
• 27:06
  Speaker 4: just since February. What's happened since February is this disruption,
• 27:11
  Speaker 4: this war, has caused a problem with oil supplies. I
• 27:15
  Speaker 4: think we all understand that. And it's going to be
• 27:17
  Speaker 4: a real problem with fertilizers we talked about months ago. Now,
• 27:22
  Speaker 4: here's the thing, and this is a point I want
• 27:23
  Speaker 4: to make sure just to get clear for people like Frank,
• 27:25
  Speaker 4: you have a hard time keeping up. If you look
• 27:28
  Speaker 4: at the drawdowns of the Strategic Petroleum Reserves, There were
• 27:34
  Speaker 4: 244 million barrels drawn down under the Biden regime, net
• 27:39
  Speaker 4: of buys versus sells, inventory plus buys minus sells. They
• 27:45
  Speaker 4: drew down 244 million barrels. And remember, it's the strategic
• 27:51
  Speaker 4: petroleum reserve, not the political petroleum reserve. There was no
• 27:55
  Speaker 4: good reason to do any of that, but they did
• 27:58
  Speaker 4: it to offset the disastrous policies they put in place
• 28:01
  Speaker 4: that drove up the cost of energy. Now, since Trump
• 28:04
  Speaker 4: has been involved in this war, well, say, since he's
• 28:07
  Speaker 4: been in office, he laid in another $ 20 million. He
• 28:11
  Speaker 4: has drawn down $ 88 million for a net drawdown of
• 28:14
  Speaker 4: $ 68 million. So the fact of the matter is we've
• 28:17
  Speaker 4: used the Strategic Patrolling Reserve for strategic reasons only in
• 28:21
  Speaker 4: the last few months, and at one-third or less than
• 28:24
  Speaker 4: one-third of the amount that Democrats drew down to try
• 28:27
  Speaker 4: to mask the impact of their horrible policies, which people
• 28:31
  Speaker 4: like Frank seem to like. Now, that's the inflation story.
• 28:35
  Speaker 4: But when you come back to your HVAC discussion, which
• 28:37
  Speaker 4: was excellent, when you think about why people don't have money,
• 28:41
  Speaker 4: our credit cards, you remember, I don't know, three, four
• 28:45
  Speaker 4: years ago, we started talking about how credit cards, trillion dollars,
• 28:48
  Speaker 4: they got up to $ 1. 2 trillion. We have large numbers
• 28:52
  Speaker 4: of consumers saddled with extraordinarily high cost debt in the
• 28:57
  Speaker 4: form of credit cards. And now those credit cards are
• 28:59
  Speaker 4: hitting about 14% default rates. In other words, people can't
• 29:04
  Speaker 4: pay them off. So we have this really troubling situation
• 29:08
  Speaker 4: where the debt load that's been built up over the
• 29:10
  Speaker 4: last 40 years, during the whole time that people like
• 29:14
  Speaker 4: Frank have been investing and harvesting the fruits of that
• 29:18
  Speaker 4: horrible fiscal and economic policy, they have driven up, of course,
• 29:24
  Speaker 4: the price of stocks. So if you had assets during
• 29:26
  Speaker 4: that time, homes, stocks, you did very, very well. But
• 29:30
  Speaker 4: if you were a W-2 wage earner, because the government
• 29:33
  Speaker 4: kept bringing in illegal aliens to drive down your wages,
• 29:37
  Speaker 4: or at least turning a blind eye under Biden. They,
• 29:39
  Speaker 4: of course, acted brought them in. But they turned a
• 29:41
  Speaker 4: blind eye. They drove down wages while the stock market
• 29:45
  Speaker 4: and appreciable assets climbed in value. That's why we had
• 29:49
  Speaker 4: such an incredible widening of the gap between the sort
• 29:53
  Speaker 4: of W-2 wage-earning average family and the very wealthy, and
• 29:57
  Speaker 4: so much wealth accumulated up to the top ends of
• 29:59
  Speaker 4: the wealthier sort of strata, right? And there are other
• 30:04
  Speaker 4: factors as well that we could talk about. The offshoring
• 30:06
  Speaker 4: of jobs, the H-1Bs, the exporting of our manufacturing and
• 30:11
  Speaker 4: our pharmaceuticals and all these industries that we've pushed overseas.
• 30:15
  Speaker 4: We've basically been at war with the middle class. And
• 30:17
  Speaker 4: in order to maintain lifestyle, they've been working harder, taking
• 30:21
  Speaker 4: on extra jobs when they can get them, and running
• 30:23
  Speaker 4: up debt. Of course, the government's running up debt. Corporations
• 30:26
  Speaker 4: have run up debt. I've got to tell you, This
• 30:29
  Speaker 4: AI debt thing, where they've taken on all this debt
• 30:31
  Speaker 4: in order to fund their current AI infrastructure build-out, it's massive.
• 30:36
  Speaker 4: And they do not have the cash flows to pay
• 30:38
  Speaker 4: it off. And they're going to lay in, what, another
• 30:41
  Speaker 4: trillion dollars of debt to these AI companies? These are
• 30:45
  Speaker 4: sort of just, it's compounding cataclysmic decisions by our nation
• 30:49
  Speaker 4: as a whole, the consumer, the government, and business. And
• 30:53
  Speaker 4: so now, if you look at the conference board, for example,
• 30:57
  Speaker 4: it's a professional group that looks out at a bunch
• 31:00
  Speaker 4: of leading indicators. If you look at their, I think,
• 31:03
  Speaker 4: call it 10 leading indicators, you're not going to find
• 31:05
  Speaker 4: one that's in green territory. You're not going to find
• 31:08
  Speaker 4: one that has a big, happy, green light and smiley face.
• 31:12
  Speaker 4: They're all either stressed or negative. If you look at
• 31:15
  Speaker 4: something like the architectural billings index, you're going to see
• 31:19
  Speaker 4: that that has popped. I presume that's because of the
• 31:22
  Speaker 4: AI build-out. So, in other words, it's climbed really quickly,
• 31:26
  Speaker 4: but it's been in negative territory for a little while.
• 31:29
  Speaker 4: And I don't know if this is all AI-driven, then
• 31:32
  Speaker 4: that's not the best answer, because that's not going to
• 31:34
  Speaker 4: generate jobs. So, yeah, we have an economy that has
• 31:39
  Speaker 4: been on this sugar high from debt for many, many years,
• 31:43
  Speaker 4: and it is beginning to catch up. Now, We've seen rents,
• 31:47
  Speaker 4: for example, begin to decline in places like Austin, if
• 31:50
  Speaker 4: you can believe that, places like Miami. Well, some of
• 31:53
  Speaker 4: that is because we've got self-deporting going on as the
• 31:57
  Speaker 4: government has stopped funding the lifestyles of the illegal aliens.
• 32:01
  Speaker 4: And some of that is because we have inventory builds
• 32:03
  Speaker 4: and whatnot. But we're starting to see some things move
• 32:06
  Speaker 4: the other way. But if you look at Cleveland, if
• 32:08
  Speaker 4: you look at Chicago, you're going to see significant increases
• 32:12
  Speaker 4: in rents. So it's not consistent nationwide. But right now,
• 32:18
  Speaker 4: just looking at the fundamentals, there aren't a lot of
• 32:20
  Speaker 4: good signs that we have GDP growth. Okay, great. That's great.
• 32:24
  Speaker 4: But that's not helping families that aren't seeing wage increases.
• 32:27
  Speaker 4: So I think we have a number of issues, all
• 32:32
  Speaker 4: of which we've talked about over the last three, four,
• 32:34
  Speaker 4: five years, that are now sort of compounding and landing.
• 32:38
  Speaker 4: You throw the gasoline price going up in these last
• 32:40
  Speaker 4: couple of months, and suddenly people are really feeling the stress. So,
• 32:46
  Speaker 4: you know, this is not a perfect situation. We have
• 32:50
  Speaker 4: some problems. And that's why the doomsdayers, the folks that
• 32:53
  Speaker 4: have been calling for a crash for now, you know,
• 32:55
  Speaker 4: 15 years, they've been correct fundamentally, but they've never been
• 32:59
  Speaker 4: right from a timing standpoint, because no one understood how
• 33:04
  Speaker 4: far the government would go in printing money, how far
• 33:07
  Speaker 4: the Fed would go in buying U.S. treasuries to create
• 33:11
  Speaker 4: fake cash. I don't think anybody understood that. So, what
• 33:16
  Speaker 4: he was just saying, I think, makes perfect sense to me,
• 33:20
  Speaker 4: that people are slowing down. And, And I think it
• 33:23
  Speaker 4: is structural problems we have to address.
• 33:27
  Speaker 2: I would just say I don't think people have a choice.
• 33:29
  Speaker 2: I think they have to slow down. I go back
• 33:31
  Speaker 2: to saying what I said to him. You can't have
• 33:33
  Speaker 2: double-digit increases on everything. And whether it's 2.5% or whatever,
• 33:40
  Speaker 2: pick whatever inflation number you want. Put that number on
• 33:42
  Speaker 2: top of all the building blocks. Put it on top
• 33:46
  Speaker 2: of what was there, and you keep raising the inflation.
• 33:50
  Speaker 2: We know property taxes have gone up substantially. And we'll
• 33:53
  Speaker 2: go up even more. We know electricity has doubled. We
• 33:56
  Speaker 2: know gas is at $ 4 a gallon. We know insurance
• 33:59
  Speaker 2: has gone up in double-digit numbers. We know housing has
• 34:02
  Speaker 2: gone up. We know food has gone up. So you
• 34:06
  Speaker 2: only have so much money.
• 34:08
  Speaker 3: I'm sorry.
• 34:09
  Speaker 2: Your wages don't keep pace with the double-digit inflation, nor
• 34:12
  Speaker 2: does your savings. So consequently, you have to make cutbacks.
• 34:16
  Speaker 2: You've got to cut somewhere because you just can't afford
• 34:20
  Speaker 2: what you used to be able to afford. That's why
• 34:22
  Speaker 2: I sit here and say not to be cocky. Everybody
• 34:24
  Speaker 2: listening is getting poorer. You're getting poorer, period.
• 34:28
  Speaker 4: Not everybody. Not everybody. People that have large stores of
• 34:31
  Speaker 4: invested assets that are seeing– you know, these constant increases
• 34:36
  Speaker 4: in the stock market. Those people seem to be getting richer.
• 34:38
  Speaker 4: What I'm concerned about..
• 34:40
  Speaker 3: In general, the majority of people..
• 34:42
  Speaker 4: Absolutely.
• 34:42
  Speaker 3: Are getting poorer.
• 34:44
  Speaker 2: I mean, so their savings doesn't go as far. Their
• 34:48
  Speaker 2: retirement doesn't go as far. Their paycheck doesn't go as far.
• 34:52
  Speaker 2: So they're sitting back saying, where the hell is this going?
• 34:55
  Speaker 2: How much more of this inflation can we have? What
• 34:58
  Speaker 2: if these oil people are right and this war continues
• 35:01
  Speaker 2: to go on and my gas price goes from $ 4
• 35:03
  Speaker 2: to $ 4.
• 35:03
  Speaker 3: 50 or $ 5 or $ 6?
• 35:04
  Speaker 2: There's cause for concern that people are having on oil.
• 35:11
  Speaker 2: On where is this heading and how it has a
• 35:14
  Speaker 2: direct effect on a lot of incomes. What were they
• 35:17
  Speaker 2: saying yesterday on our news that people were drawn out
• 35:23
  Speaker 2: of their retirement accounts?
• 35:25
  Speaker 4: Well, these are the emergency loans against 401ks, right?
• 35:30
  Speaker 2: I don't know if it's loans or drawing out of them,
• 35:32
  Speaker 2: drawing out of their savings for food, for basic necessities.
• 35:36
  Speaker 3: Well, how long can you do that?
• 35:38
  Speaker 4: And they're putting them on credit cards. And that's not new.
• 35:41
  Speaker 4: That's how we got to the $ 1 trillion credit card
• 35:45
  Speaker 4: outstanding balances. And now we're beyond that. So this has
• 35:49
  Speaker 4: been building and accumulating for years.
• 35:51
  Speaker 2: But there's nothing good. I can't sit here and say
• 35:54
  Speaker 2: I'm optimistic about anything right now.
• 35:56
  Speaker 3: Can you?
• 35:56
  Speaker 4: There's one period of time where this reversed. And that
• 36:00
  Speaker 4: was 17, 18, and 19 when Donald Trump implemented sound policies.
• 36:07
  Speaker 4: that helped us on all of the... He cut back
• 36:09
  Speaker 4: regulations that were trillion-dollar burdens. He cut back on these
• 36:14
  Speaker 4: crazy energy policies, and the price of fuel dropped precipitously. 17, 18,
• 36:19
  Speaker 4: and 19, we saw wages grow faster than inflation. That
• 36:24
  Speaker 4: should have happened again this time, because he shut the border,
• 36:27
  Speaker 4: and H-1Bs are down. But the truth is, wages aren't
• 36:31
  Speaker 4: growing faster than inflation now. We're, you know, it's a
• 36:34
  Speaker 4: point inflation. If somebody gets a 3% raise, they're technically ahead,
• 36:38
  Speaker 4: but it doesn't make up for the 30% increase that
• 36:40
  Speaker 4: we've suffered since 2020. That's the problem. It's this cumulative
• 36:45
  Speaker 4: effect of all the policies and economic moves that have
• 36:50
  Speaker 4: squeezed the middle class to the breaking point. Yeah.
• 36:55
  Speaker 2: And I don't know what options they have right now.
• 36:58
  Speaker 2: There's definitely an uncertainty as to what's ahead.
• 37:00
  Speaker 3: Would you agree?
• 37:02
  Speaker 7: Oh, absolutely.
• 37:03
  Speaker 4: And, you know, to your point about the war, as
• 37:05
  Speaker 4: we said, I don't know, a couple months ago, if
• 37:08
  Speaker 4: this war continues and these oil supplies continue to be disrupted,
• 37:13
  Speaker 4: one point we have to remember is that people solve problems.
• 37:17
  Speaker 4: So they're building pipelines now in the Middle East that
• 37:19
  Speaker 4: are going to be very helpful, but that might not
• 37:21
  Speaker 4: be until 2028. So in the short term... We are
• 37:25
  Speaker 4: going to pay for this war in the price of energy,
• 37:28
  Speaker 4: and it's the first war in the lifetime of anybody
• 37:30
  Speaker 4: listening that we've actually had to pay for it. We've
• 37:35
  Speaker 4: actually had an economic cost associated with our, you know,
• 37:39
  Speaker 4: endless wars. You know, because we put it on the
• 37:42
  Speaker 4: credit card, and for so many years we didn't have
• 37:44
  Speaker 4: inflation at the rate that was consistent with the amount
• 37:48
  Speaker 4: of debt we were accruing. People, it just sort of
• 37:50
  Speaker 4: just kept working out. But if something doesn't get fixed soon, yeah,
• 37:55
  Speaker 4: we're going to be in trouble. What we really need
• 37:57
  Speaker 4: is Congress to implement the America First agenda. We need
• 38:00
  Speaker 4: Trump to get back on the domestic agenda and implement
• 38:02
  Speaker 4: the same policies, the same philosophies that he implemented in
• 38:05
  Speaker 4: his first term. We need to get back to fixing
• 38:08
  Speaker 4: this nation.
• 38:11
  Speaker 3: It doesn't appear that's happening anytime soon.
• 38:14
  Speaker 4: The Republicans are still pretending the filibuster is the greatest
• 38:18
  Speaker 4: problem they have, and they can't possibly imagine a way
• 38:20
  Speaker 4: to get over it. Any excuse they can come up
• 38:22
  Speaker 4: with to stop it. As I said yesterday, they are
• 38:25
  Speaker 4: still preventing Donald Trump appointments from going through by holding
• 38:30
  Speaker 4: these fake Senate sessions that last 39 seconds. I timed one.
• 38:34
  Speaker 4: They last 39 seconds. But that's enough to say the
• 38:37
  Speaker 4: Senate's still in session and prevent him from making recess appointments.
• 38:40
  Speaker 4: They're fighting up on everything. Of course, the Democrats are
• 38:42
  Speaker 4: enjoying that because they get to sit on the other
• 38:45
  Speaker 4: side and pretend they're not fighting this. It's... We're in
• 38:49
  Speaker 4: a tough position. And until D.C. and your state and
• 38:54
  Speaker 4: your county officials and township officials begin responding, this increase
• 38:58
  Speaker 4: in the tax burden that we're all taking on, what's
• 39:00
  Speaker 4: the point of this? What is the purpose of inflation? No,
• 39:03
  Speaker 4: it's not inflation. The state can't stop spending.
• 39:07
  Speaker 3: Stand by. Back in a minute. NewsRadio 570 WKBN. If
• 39:14
  Speaker 3: you run a business, WKBN.
• 39:15
  Speaker 2: I really wish I had some good news for people
• 39:17
  Speaker 2: on this type of situation, but.
• 39:19
  Speaker 3: Right now I think we're in a holding pattern.
• 39:22
  Speaker 2: The status quo when it comes to this situation with Iran,
• 39:26
  Speaker 2: you still got the mess going on with the Ukraine.
• 39:33
  Speaker 2: You still got inflation rearing its ugly head. And this
• 39:36
  Speaker 2: demand for energy, too, when it comes to these AI
• 39:39
  Speaker 2: centers and electricity demand and that going up and taxes
• 39:42
  Speaker 2: going up. I can't tell you that there's anything. I
• 39:45
  Speaker 2: wish I could tell you there was some great optimistic
• 39:48
  Speaker 2: news that your future looks bright. But right now, it's
• 39:51
  Speaker 2: kind of dismal. How's that for an analysis?
• 39:55
  Speaker 4: Yeah, we're in a very tough spot right now. And
• 39:59
  Speaker 4: you've heard this from me a million times. The only
• 40:01
  Speaker 4: group powerful enough to turn this around is the American people.
• 40:04
  Speaker 4: They have to get engaged. call their state rep and say,
• 40:08
  Speaker 4: I don't want flock cameras surveilling.
• 40:10
  Speaker 2: Me every day. That's the least of my worries, flock cameras.
• 40:15
  Speaker 4: Oh, not mine at all, because this is all tied together.
• 40:18
  Speaker 2: I don't think that if you think the biggest concern
• 40:21
  Speaker 2: with what's going on right now is some flock camera, listen,
• 40:25
  Speaker 2: the police that use those, a lot of times they
• 40:27
  Speaker 2: do apprehend criminals when they're using it. I don't think
• 40:31
  Speaker 2: that your local police department cares too much about what
• 40:34
  Speaker 2: I'm doing and where I'm going. I understand the point.
• 40:37
  Speaker 4: But it's untrue, because here's what they're talking about in
• 40:39
  Speaker 4: some cities, mounting those on garbage cans so they can
• 40:41
  Speaker 4: monitor your trash to determine whether or not you didn't
• 40:44
  Speaker 4: buy a permit.
• 40:45
  Speaker 3: Oh, yeah, I'll believe it when I see that kind
• 40:47
  Speaker 3: of stuff.
• 40:48
  Speaker 4: It's happening. It's real. And they're about to bring out
• 40:52
  Speaker 4: the drones. That's just one issue, Ron. The point I'm
• 40:54
  Speaker 4: trying to make is... The only way this gets turned
• 40:57
  Speaker 4: around is if people get off the couch and get active.
• 40:59
  Speaker 4: Call your state reps. Call your U.S. congressmen. They don't
• 41:04
  Speaker 4: hear from you.
• 41:05
  Speaker 3: Well, let me ask you this, though.
• 41:06
  Speaker 4: They don't care.
• 41:07
  Speaker 3: Don't you think people are kind of getting off the couch?
• 41:09
  Speaker 3: I've got to tell you. Well, hang on.
• 41:12
  Speaker 2: Tap the brakes. There's a lot of people who get
• 41:13
  Speaker 2: together in their local communities, and they're saying, listen, we
• 41:17
  Speaker 2: don't want AI centers. They're going to these meetings. They're
• 41:20
  Speaker 2: getting moratoriums. They're saying we don't want them. We don't
• 41:23
  Speaker 2: want the high cost of electricity that comes with them.
• 41:27
  Speaker 2: We are concerned about the water usage. I don't think
• 41:29
  Speaker 2: everyone's sitting on the couch as you describe. I think
• 41:32
  Speaker 2: there are plenty of people, when I read my paper here,
• 41:34
  Speaker 2: throughout this community that are very active when it comes
• 41:37
  Speaker 2: to the AI centers coming to town and the effects
• 41:40
  Speaker 2: it has on electric bills and water supplies.
• 41:43
  Speaker 3: I hear plenty of people.
• 41:44
  Speaker 2: All I got to do is go over to the
• 41:45
  Speaker 2: Shell station, and when I'm gassing up, I hear plenty
• 41:48
  Speaker 2: of people bitching about the gas price. I must confess
• 41:54
  Speaker 2: to you, when I hear people complaining about things, I'm
• 41:57
  Speaker 2: going to confess to you. Nobody is, not a single
• 42:00
  Speaker 2: soul has said, you know what really annoys me? The
• 42:02
  Speaker 2: flock cameras. No, they're talking about electric prices, gas prices,
• 42:08
  Speaker 2: grocery prices, inflation, all of that stuff. That's what people
• 42:14
  Speaker 2: are concerned about. Carville, as dumb as he is, is right.
• 42:17
  Speaker 2: It's the economy, stupid. That's where people are.
• 42:20
  Speaker 4: That's... Ron, I'm going to tell you what I see, okay?
• 42:24
  Speaker 4: I don't see people getting active around schools anymore. I
• 42:26
  Speaker 4: think that's past. The two things that get people off
• 42:29
  Speaker 4: the couch right now are just what you said. It's
• 42:31
  Speaker 4: the plot cameras and the data centers. But they're not
• 42:34
  Speaker 4: talking about things like the $ 1. 1 trillion military budget. Nobody's
• 42:39
  Speaker 4: saying a word. And if you're complaining to the gas pump,
• 42:41
  Speaker 4: the gas pump can't hear you. You've got to complain
• 42:44
  Speaker 4: to the elected officials because if they hear enough of
• 42:47
  Speaker 4: you speak.
• 42:48
  Speaker 3: Out, if they see enough of you at those meetings,
• 42:50
  Speaker 3: they react.
• 42:50
  Speaker 2: You're forgetting when you put that sticker on there that
• 42:52
  Speaker 2: had Biden on there that said, I did this, you know,
• 42:55
  Speaker 2: when the gas prices was high.
• 42:57
  Speaker 3: That made people feel a lot better, don't you think?
• 43:00
  Speaker 4: Well, I'll tell you what that did is that woke
• 43:01
  Speaker 4: up voters who started about policy. That actually was a
• 43:04
  Speaker 4: really effective messaging tactic.
• 43:07
  Speaker 2: Well, we better be careful that we don't see one
• 43:10
  Speaker 2: of Trump on there saying, hey, I did this because
• 43:13
  Speaker 2: it can go both ways.
• 43:15
  Speaker 4: They're posting them now. And look, you know, he's going
• 43:18
  Speaker 4: to have to deal with what the outfall of this
• 43:21
  Speaker 4: war is. And he's got to get back to this
• 43:23
  Speaker 4: domestic agenda. That was the source of the big fight
• 43:26
  Speaker 4: in the White House at the beginning of this war.
• 43:28
  Speaker 4: And that fight hasn't stopped since.
• 43:31
  Speaker 2: Well, I tell you something, I talk to you more,
• 43:34
  Speaker 2: but I'm afraid the flock cameras are going to be
• 43:36
  Speaker 2: looking at me now.
• 43:39
  Speaker 4: You'll have one following you home soon.
• 43:45
  Speaker 2: If I drive through Niles and with the flock cameras
• 43:47
  Speaker 2: on the pole, and as long as I'm not in
• 43:50
  Speaker 2: a stolen car, didn't stick up the bank, I really
• 43:53
  Speaker 2: don't have anything to worry about. The cops aren't going
• 43:55
  Speaker 2: to come looking for me. But we have arrested a
• 43:57
  Speaker 2: lot of criminals and people that were causing... You're definitely
• 44:02
  Speaker 2: causing problems in areas because of flat cameras.
• 44:06
  Speaker 7: There's a reason for the Fourth Amendment.
• 44:08
  Speaker 4: That reason still exists.
• 44:10
  Speaker 2: Ah, yes.
• 44:10
  Speaker 3: G2, it's always a joy. Appreciate it, my friends. Stay tuned.
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