Latest / Brian Thomas / 55KRC Monday Show - Empower U, Smitherman, Money Monday
Transcript
- 0:05Speaker 1: Five o five. I think if KRC the dot pasack Monday,
- 0:16Speaker 1: some sense will a vacation called Kenny Loggins because you're
- 0:29Speaker 1: in the danger zone. Indeed, you may very well be
- 0:31Speaker 1: Brian Thomas right here. I'm not quite sure how glad
- 0:33Speaker 1: I am to be here. Kind of a little this bad,
- 0:35Speaker 1: kind of blue, funky kind of moods Typical Monday. But man,
- 0:38Speaker 1: the world seems to be falling apart, doesn't it. Anyhow,
- 0:42Speaker 1: I'll dispense with my lamentation on that and just dive
- 0:45Speaker 1: on forward. Seven twenty Christopher Smithmen, former Vice mayor of
- 0:48Speaker 1: the City of Cincinnati, A little thing that we all
- 0:49Speaker 1: call the smither Van. Typical Monday, seven twenty with Christopher Smithman.
- 0:54Speaker 1: I enjoy I always enjoy having him on the program
- 0:56Speaker 1: and getting his thoughts in comments. So I always enjoy
- 0:58Speaker 1: your thoughts and comments too. Seeing feel free to give
- 1:01Speaker 1: me a call five on three seven for nine fifty
- 1:03Speaker 1: five hundred, eight hundred eighty two to three talk pound
- 1:05Speaker 1: five fifty on AT and T phones. Coming up at
- 1:07Speaker 1: eighth five. It's Monday, so we get money. Monday with
- 1:10Speaker 1: Brian James. Some frightening information that we have to talk
- 1:13Speaker 1: about with Brian James and things that I've been sort
- 1:15Speaker 1: of lamenting and worried about for a long time, notably
- 1:19Speaker 1: the national debt. Yeah, inflation, it's a problem stretching people
- 1:25Speaker 1: to the breaking point. And artificial intelligence stock apps are
- 1:28Speaker 1: growing up popularity, gether some buying options there with AI still,
- 1:33Speaker 1: but this national debt problem is getting really, really, really concerning.
- 1:41Speaker 1: They point out that we get to this point in
- 1:43Speaker 1: time where the average interest rate on the national debt
- 1:46Speaker 1: exceeds the economic growth rate, leading to this sort of
- 1:49Speaker 1: death spiral, making it increasingly difficult to even respond with
- 1:52Speaker 1: fiscal policy restraint like curbing spending, interest rising, boosting debt,
- 2:02Speaker 1: rising debt, boost interest rates, rising rates, boost interest costs further.
- 2:07Speaker 1: It just keeps its a vicious cycle. And that's where
- 2:10Speaker 1: we are Treasury yields going up, which is a problem
- 2:14Speaker 1: also in how do you refinance the debt? Who's going
- 2:17Speaker 1: to service our debt? How are we going to pay
- 2:18Speaker 1: the interest on it? Figures are really really quite alarming,
- 2:22Speaker 1: adding to my you know, feeling feeling overwhelming distressed and
- 2:27Speaker 1: disturbed this morning, one of the many topics of Brian
- 2:30Speaker 1: James eight oh five for that. And then we're going
- 2:31Speaker 1: to talk to Deanna Coleman from She's an r N
- 2:33Speaker 1: with the Cincinniva. Apparently lots of new innovation and technology.
- 2:37Speaker 1: So Keros does care and when it comes to the
- 2:39Speaker 1: American veterans, you know, we really care. Here on the
- 2:41Speaker 1: fifty five Karrosse Morning Show, So dedicating a few tough
- 2:44Speaker 1: few minutes with Deanna Coleman of the since Antiva coming
- 2:48Speaker 1: up at eight forty. There you have it tomorrow of
- 2:50Speaker 1: course the bright Burn inside Scoop and the Daniel Davis
- 2:53Speaker 1: Deep Dive. Speaking of the Daniel Davis Deep Dive, what
- 2:56Speaker 1: is going on? How's the negotiations going? Have we resolved
- 2:59Speaker 1: this skirmish we have going with the Iranians now now
- 3:02Speaker 1: apparently we're striking them again. I don't know if the
- 3:04Speaker 1: ceasefire can still be called in place like this sort
- 3:07Speaker 1: of tongue in cheek talk about that one. But apparently
- 3:09Speaker 1: we exchanged fire over the weekend. We attacked some air
- 3:14Speaker 1: defense radar and drone sites in Iran and Kuwait received
- 3:17Speaker 1: the backlash from the Iranians. They came under attack with
- 3:20Speaker 1: some drone strikes. All the while we're still trying to
- 3:23Speaker 1: figure out a deal with Trump, indicating a deal was
- 3:27Speaker 1: close that at least going into the weekend, and then
- 3:30Speaker 1: we have these strikes that happened over the weekend. Apparently
- 3:34Speaker 1: mediators are still saying issues like the nuclear commitments and
- 3:37Speaker 1: the timing and the scale of the financial reef that
- 3:39Speaker 1: the relief that the Iranians are demanding all unresolved. Pretty
- 3:43Speaker 1: major sticking points as far as both sides are concerned.
- 3:46Speaker 1: US Central commands that American warplanes attack these Iranian radar
- 3:50Speaker 1: sites and drone command and control facilities, specifically Keshum Island
- 3:55Speaker 1: and Gorick. If you keep in track of the geography
- 3:57Speaker 1: in Iran, there's your two points of attack. Both happened
- 4:00Speaker 1: on Saturday and yesterday after they say Iran shot down
- 4:05Speaker 1: an American MQ one drone and US fighters shot down
- 4:11Speaker 1: to Iranian attack drones that they say post a threat
- 4:14Speaker 1: to ships out there in the Strait of horror. Moves
- 4:16Speaker 1: now the Islamic Revolutionary Guard Corp, which appears to have
- 4:19Speaker 1: taken over full control, get to that in a minute.
- 4:22Speaker 1: No longer the swirling question marks about whether the president
- 4:25Speaker 1: has any say. Oh, look, Iranian President Masud Bezeskian submitted
- 4:32Speaker 1: a letter of resignation. Hey, Joe, if you're president of Iran,
- 4:40Speaker 1: who do you submit a letter of resignation to.
- 4:45Speaker 2: You?
- 4:45Speaker 1: Should yourself inner office memo to me from me, put
- 4:50Speaker 1: it in the outbox, have somebody come in, and then
- 4:53Speaker 1: just put that one right back in the inbox. Oh look,
- 4:55Speaker 1: I resigned, I accept my resignation.
- 4:57Speaker 3: Goodbye.
- 4:58Speaker 1: Can you see him on an air playing with the
- 5:00Speaker 1: palette of cash flying the hell out of the country anyhow,
- 5:08Speaker 1: Kuwait's armies said this morning the country was under attack
- 5:11Speaker 1: by missiles and the drones didn't say where they came from,
- 5:14Speaker 1: although apparently alarms were sounding all over Kuwait. You got
- 5:17Speaker 1: to get used to that kind of thing if you're
- 5:18Speaker 1: living there. And of course Kuwait's been one of the
- 5:20Speaker 1: hardest hit Gulf countries during the war, so they get
- 5:23Speaker 1: they get the benefit of the retaliatory strikes from Iran,
- 5:27Speaker 1: and of course that's it points out something that Daniel
- 5:30Speaker 1: Davis has been pointing out. The problem is all of
- 5:33Speaker 1: the other Arab nations in the region. Now they can
- 5:35Speaker 1: attack our military bases which are all over the region
- 5:38Speaker 1: of these various Arab countries, but it's the oil, infrastructure
- 5:42Speaker 1: and the economy of those various Arab nations that are
- 5:44Speaker 1: going to be coming under attack. So I think it's
- 5:47Speaker 1: safe to say that if the Iranians succeed in crippling
- 5:50Speaker 1: or doing enough damage to that infrastructure, opening up the
- 5:53Speaker 1: straight of horror moves to provide all us, you know,
- 5:56Speaker 1: we out here in the in the world, with some
- 5:58Speaker 1: economic relief. That economic may not happen, right, I mean,
- 6:03Speaker 1: part of the problem is the oil going through the Strait.
- 6:05Speaker 1: What if under some crazy scenario there isn't the ability
- 6:10Speaker 1: to produce oil and even send it through the Strait?
- 6:13Speaker 1: Swirling questions and speaking of oil, oil prices jumped more
- 6:17Speaker 1: than two percent, So welcome to this morning. After paying
- 6:20Speaker 1: outrageous amounts of money to fill your tank up over
- 6:22Speaker 1: the weekend, like I did, oil prices jump more than
- 6:25Speaker 1: two percent and early trading this morning after Israel Prime
- 6:28Speaker 1: Minister Benjaminattanya who ordered troops to move further into Lebanon
- 6:32Speaker 1: for the purpose of degrading his Bala, and they have
- 6:33Speaker 1: made some good progress and moving in. His Bala apparently
- 6:37Speaker 1: now has some drones. Another disturbing development. Not that I
- 6:40Speaker 1: am surprised his Bala's got drones. They have other countries
- 6:43Speaker 1: out of the world, some are suggesting China, maybe even
- 6:45Speaker 1: Iran are providing his balla with the ability to fight
- 6:49Speaker 1: back against the Iranians. Now they have night time drones
- 6:52Speaker 1: with sensors, thermal sensors, able to fly at night using
- 6:56Speaker 1: heat signatures. Sounds like stuff that we and our sophisticated
- 7:01Speaker 1: military have. Now everybody's got it, you know, in a
- 7:07Speaker 1: world where we can go to Amazon and buy a
- 7:08Speaker 1: pretty darn sophisticated drone that can carry at least a
- 7:12Speaker 1: reasonably decent payload, and in a world filled with very angry,
- 7:17Speaker 1: angry left wing, well funded protesters, anybody have any concern
- 7:25Speaker 1: about that? How long is it going to be before,
- 7:27Speaker 1: you know, locally, domestically, we start finding out about drone strikes.
- 7:30Speaker 1: These are some very very very angry, far leftist militant
- 7:35Speaker 1: people who want to bring down our country. I don't
- 7:40Speaker 1: think it's a stretch for me to have some measure
- 7:42Speaker 1: of concern to wonder that, well, you know, if they
- 7:45Speaker 1: are physically assaulting and being violent against the police officers
- 7:50Speaker 1: in the name of protecting pedophile illegal immigrants who've been
- 7:54Speaker 1: locked up for deportation, we don't want them in our neighborhood,
- 7:57Speaker 1: say I would argue most rational same people. But if
- 8:00Speaker 1: they're willing to go out and fight for the rights
- 8:02Speaker 1: of those people, get angry, chuck molotov cocktails, run over
- 8:06Speaker 1: police with cars. I don't think it's much of a
- 8:08Speaker 1: stretch and think that these crazy nut jobs, if given
- 8:11Speaker 1: the ability to do so, might oh, I don't know,
- 8:14Speaker 1: launch their own drone strike against that power station you
- 8:17Speaker 1: got right down the street from you, or some other target.
- 8:22Speaker 1: And I saw this article about how much money from
- 8:24Speaker 1: these none or from these wealthy outside influencers to fund
- 8:31Speaker 1: these organizations millions and millions of dollars and show up
- 8:36Speaker 1: at one of these local protests. What are they handing
- 8:38Speaker 1: out communist literature? They're communists. There's folks outside the ICE
- 8:49Speaker 1: facility in New Jersey, Democrats, Socialists of America, Freedom, Socialist Party,
- 8:56Speaker 1: Internationalist Group, Labor Committee to Defend the Immigrants, and the
- 9:01Speaker 1: Sunni Internationalists Club, and even the mayor or the governor there,
- 9:06Speaker 1: I believe, Yeah, Democrat New Jersey Governor Mike Cheryl. Now
- 9:12Speaker 1: you know Democrats, you think that maybe they're on the
- 9:14Speaker 1: side of the ICE protesters, because sometimes they are. We
- 9:16Speaker 1: know that people from outside the state have been interfering
- 9:19Speaker 1: in the protests or escalating them. Five of the six
- 9:23Speaker 1: people arrested last night by state police outside New Jersey. Gee,
- 9:27Speaker 1: I wonder how they got there. Oh, I don't know.
- 9:29Speaker 1: Maybe it's the multiple billions or millions of dollars rather
- 9:32Speaker 1: than been thrown at these organizations for the purpose of
- 9:35Speaker 1: causing civil unrest. Some people know the names Arabella, Oh yeah,
- 9:43Speaker 1: sing them Chinese communists, Parabise live it ever in China. Personally,
- 9:48Speaker 1: I guess through hundreds of million millions of dollars at
- 9:51Speaker 1: these organizations domestic extreme and extremism and or civil unrest
- 9:55Speaker 1: advocates Arabella, buffe at Ford, Rockefellers, Singham, Soros of course
- 10:00Speaker 1: on the list, and the TIDES Foundation. TIDES is a
- 10:03Speaker 1: big contributor, almost nineteen million dollars from that one organization
- 10:08Speaker 1: flowing into these extremist groups. Why are those extremist groups
- 10:11Speaker 1: in existence? I can only at the two hundred and
- 10:15Speaker 1: fiftieth anniversary the United States of America, which apparently we
- 10:18Speaker 1: can't even rally around that concept to undermine and oh,
- 10:22Speaker 1: I say the word overthrow the United States of America
- 10:25Speaker 1: byolet whatever means possible.
- 10:33Speaker 4: And.
- 10:34Speaker 1: It just flies in the face of what people actually want,
- 10:38Speaker 1: pivoting over and looking at things sort of on a
- 10:41Speaker 1: macro standpoint. Yeah, these protests are local, and they're at
- 10:45Speaker 1: ice facilities, and they're raging in the streets of any
- 10:47Speaker 1: particular given city wherever they're told to show up and organize,
- 10:51Speaker 1: probably pay to do so. Since they're coming from out
- 10:53Speaker 1: of state. You got to really be an anti American
- 10:56Speaker 1: person to spend your own money and resources to travel
- 10:58Speaker 1: to the far reach of some other state to rehavoc
- 11:02Speaker 1: in the neighborhood. Now I saw this ongoing concept that
- 11:07Speaker 1: most people are aware of. Texas has emerged as the
- 11:10Speaker 1: biggest winner in corporate America's flight from high tax blue
- 11:13Speaker 1: states taxes and regulations, driving companies out of really overly
- 11:19Speaker 1: oppressive in terms of regulatory environment and redistribution of wealth
- 11:23Speaker 1: high tax states because that's what they do with it.
- 11:26Speaker 1: They take your money that you earn and give it
- 11:28Speaker 1: to somebody else, and usually giving it to something that
- 11:32Speaker 1: doesn't have any you know, benefit to the economy, generally
- 11:36Speaker 1: throwing moneys at organizations that don't produce or create anything
- 11:40Speaker 1: by way of income except for salaries for the employees
- 11:43Speaker 1: of these various non governmental organizations. You don't get any
- 11:46Speaker 1: building of economy. Worse, you have taking from people out
- 11:50Speaker 1: there really truly working and benefiting the economy. But it
- 11:53Speaker 1: goes down to a rat hole that doesn't have any
- 11:55Speaker 1: any I mean, it's not self sustaining. It exists because
- 11:59Speaker 1: they take money from others who actually work. California suffer
- 12:03Speaker 1: the nation's steepest corporate losses. I wonder why that is.
- 12:06Speaker 1: San Francisco lost one hundred and sixty three headquarters during
- 12:10Speaker 1: the same period while Texas posted all these games. Then
- 12:14Speaker 1: you've pivot over and see this Texas population boom. Why
- 12:17Speaker 1: is Texas doing so well? People are fleeing the high tax,
- 12:20Speaker 1: high regulation states, the socialist states, and going someplace where
- 12:23Speaker 1: they get more economic and personal freedom. Texas added four
- 12:28Speaker 1: hundred thousand residents in just last year, just last year,
- 12:35Speaker 1: most of any state. They have now thirty one point
- 12:37Speaker 1: seven million people living in the state. Since twenty twenty,
- 12:43Speaker 1: Texas jumped two point six million new residents, which is
- 12:46Speaker 1: more people than the entire state of New Mexico. The
- 12:49Speaker 1: entire population of New Mexico effectively moved into Texas in
- 12:53Speaker 1: a five year period. Ask yourself why, then step back
- 12:57Speaker 1: from that reality happening within the United States of America,
- 13:01Speaker 1: all fifty states. I can choose where I want to go. Yeah,
- 13:03Speaker 1: I'm packing the bags and I'm moving. Not to Beverly Hills, California,
- 13:06Speaker 1: mind you, I'm moving to Texas because it's going to
- 13:10Speaker 1: be better for me. And then step back from that.
- 13:14Speaker 1: Why in God's name when you do the surveys or
- 13:16Speaker 1: read the surveys about the global population, when you looked
- 13:19Speaker 1: at four years of the Biden administration, when literally every man, woman,
- 13:23Speaker 1: in child from the four corners of the globe wanted
- 13:25Speaker 1: to be here as opposed to where they are probably
- 13:28Speaker 1: a hell hole by comparison to the United States of America.
- 13:30Speaker 1: Apparently we've got the right recipe. This is why everyone
- 13:34Speaker 1: wants to come here. And who wants to throw it
- 13:36Speaker 1: all down the toilet? Right, the leftist, the Marxist, the socialist,
- 13:44Speaker 1: and you know, I never have understood why these multiple
- 13:47Speaker 1: billionaires would want to throw money at organizing an effort
- 13:51Speaker 1: to overthrow the very country that made them rich. George
- 13:57Speaker 1: Soros wouldn't be a multi billionaire without the United States.
- 14:00Speaker 1: Dates he built his empire on us. What we have here,
- 14:05Speaker 1: not what they had in Venezuela, and you know, go
- 14:07Speaker 1: ahead and pick another country where it's mismanaged, corrupt Marxist socialists.
- 14:16Speaker 1: It's crazy, but you know, I jump back to that
- 14:18Speaker 1: macro sort of viewpoint. We as individual humans, even if
- 14:23Speaker 1: we're not paying attention to any specific thing going on
- 14:25Speaker 1: in politics or the globe, and even if the world
- 14:28Speaker 1: doesn't necessarily understand Marxism, communism, capulism, capitalism, they know what's
- 14:33Speaker 1: good for them that people do generally. Just like here,
- 14:37Speaker 1: I don't want to live in New York anymore. I'm
- 14:39Speaker 1: sick of homelessness, I'm sick of high taxes. I'm sick
- 14:41Speaker 1: of that I can't afford to live here. I'm gonna
- 14:43Speaker 1: go someplace else. And where do you go? Huh? You
- 14:49Speaker 1: go to someplace that conservatism, low economic, low regulatory burdens,
- 14:55Speaker 1: lower taxes, more freedom. That's where you go. Five twenty
- 15:01Speaker 1: fifty five kr SE detalk Station be right back after
- 15:03Speaker 1: these brief words. Fifty five KRC.
- 15:06Speaker 3: It happens only on.
- 15:09Speaker 1: Ffty five Parasee dot Comedy Can't Listen to Live. If
- 15:11Speaker 1: you want to hear it again, head on over to
- 15:12Speaker 1: check out the podcast page. Jack Windsor Hileh Press Network,
- 15:18Speaker 1: Corey Bowman in the studio, a whole bunch of issues,
- 15:20Speaker 1: and the Iris Rolly Shenanigans which Inspector General That's what
- 15:24Speaker 1: I'm calling them, anyway, Todd zins or Citizen Watchdog following
- 15:27Speaker 1: up on them, a list of really great questions for
- 15:29Speaker 1: the administration about IRIS Rolly's contract. I love that guy anyway.
- 15:34Speaker 1: Just to conclude my thought on this whole reality, we
- 15:37Speaker 1: apparently are gravity. We want to gravitate toward where we
- 15:40Speaker 1: get freedom's liberties and lower taxes. We want the ability
- 15:42Speaker 1: to control our own destiny. And that's why you flee
- 15:44Speaker 1: overly highly regulatory states or countries and you come to
- 15:47Speaker 1: where you can enjoy your life a little bit more freely.
- 15:50Speaker 1: That will be here, or that'll be Texas relative to
- 15:52Speaker 1: New York. And I thought about that in the context
- 15:55Speaker 1: looking to the Berlin Wall. Why was the Berlin Wall
- 15:57Speaker 1: built to keep the common or to keep the post
- 16:00Speaker 1: World War two German folks from escaping to West Germany? Hmm.
- 16:07Speaker 1: West Germany didn't build a wall to keep its people in.
- 16:11Speaker 1: The Commings built a wall to keep their people in
- 16:13Speaker 1: and preventing them from escape. What are people doing in California.
- 16:19Speaker 1: Why do they want an exit tax right to try
- 16:21Speaker 1: to convince people not to leave, because if you leave,
- 16:24Speaker 1: you're going to have your money taken away or some
- 16:26Speaker 1: of it. Anyway, we have the freedom of travel in
- 16:28Speaker 1: this country. That pesky constitution allows us freely to travel.
- 16:32Speaker 1: Why do we have a wall on the southern border
- 16:34Speaker 1: to a certain degree, Why is the United States trying
- 16:37Speaker 1: to protect itself from people coming in because it's the
- 16:39Speaker 1: place to be and everybody who comes in here gets
- 16:41Speaker 1: to hook themselves up to the social welfare safety net,
- 16:44Speaker 1: which is a stupid concept. But you know, there's a
- 16:47Speaker 1: hilarious video. A couple of left wing women left California
- 16:52Speaker 1: fearing for their lives. I guess they were social media commentators,
- 16:55Speaker 1: and I guess that baggage goes along with social media commentary.
- 16:58Speaker 1: They ended up in Vancouver, British Columbia, where they found
- 17:01Speaker 1: out that, oh, we are out here on a tourist
- 17:05Speaker 1: visa for six months, but we're not allowed to work.
- 17:09Speaker 1: Canadian law does not allow us to work. Oh, and
- 17:11Speaker 1: they were dismayed to find out that you can't get
- 17:14Speaker 1: on the Canada's social healthcare system either. They actually were
- 17:19Speaker 1: pleading in a video for a like a GoFundMe help
- 17:22Speaker 1: us to afford rent because they found out they couldn't
- 17:25Speaker 1: afford rent when they got there. Huh. Well, it sounds
- 17:29Speaker 1: to me like the Canadians have better protections about their
- 17:32Speaker 1: social welfare safety net than we do. And maybe it's
- 17:36Speaker 1: a little warning sign if you're planning on fleeing from
- 17:39Speaker 1: one place to another, you might want to look into
- 17:41Speaker 1: the destination choice because it may not be as rosy
- 17:45Speaker 1: as the press paints it in terms of how great
- 17:48Speaker 1: things are with socialized medicine and blow that kind of crap.
- 17:51Speaker 1: Five twenty six fifty five Krcity Talks Stations. Got some
- 17:54Speaker 1: local stories coming up. Our phone calls either way, We'll
- 17:56Speaker 1: be right back. This is fifty five karc I Heart Radio.
- 18:00Speaker 2: Sticks Like It or Not.
- 18:03Speaker 1: Five one three seven fifty five hundred, eight hundred eighty
- 18:06Speaker 1: two three Talk Now five fifty on AT and T phones. Hey, Joe,
- 18:10Speaker 1: do you know whether Bobby was right or what the
- 18:12Speaker 1: over and under was? I think he called seven shootings
- 18:15Speaker 1: between Friday and Sunday. We hit the under. Well, that's
- 18:18Speaker 1: actually good news, I suppose, depending on where you placed
- 18:21Speaker 1: your bet. Let's get to the phones five on three
- 18:24Speaker 1: seven fifty eight two three talk. Tom is on the phone.
- 18:28Speaker 1: All is right with the world. Welcome back, Tom.
- 18:30Speaker 4: Yeah, it depends on how much you bet, Yeah, what
- 18:33Speaker 4: what you actually had on it? I mean you made
- 18:35Speaker 4: a little something often, I guess.
- 18:37Speaker 1: But oh, it's.
- 18:38Speaker 4: Always good news when there's less shootings than then we
- 18:40Speaker 4: think there would be. But I don't know what what
- 18:42Speaker 4: well it actually was except for the maybe the two
- 18:45Speaker 4: or three that got shot. I don't know how many
- 18:47Speaker 4: actually how many shootings actually happened? Do we know?
- 18:51Speaker 1: We don't how many gunshots? How many well that shootings.
- 18:54Speaker 1: Usually when someone actually gets hit, that's when we are
- 18:57Speaker 1: I think dealing with Bobby's over and under. But I mean, hell,
- 18:59Speaker 1: I right, how many guns? How many bullets were fired
- 19:03Speaker 1: that didn't hit anybody? How many uh you know, shot
- 19:06Speaker 1: spotter incidents were recorded? Because apparently in certain neighborhoods, the
- 19:11Speaker 1: gunfire is so regular that you don't even notice it anymore.
- 19:14Speaker 1: It's like blues brothers. How often do the trains go
- 19:17Speaker 1: by them? So often you won't even notice it?
- 19:19Speaker 2: Right?
- 19:20Speaker 1: Right?
- 19:21Speaker 5: Uh?
- 19:21Speaker 4: Yeah, you're you're one of your topics this morning, you're
- 19:25Speaker 4: bringing up about these I agree with you. I think
- 19:28Speaker 4: it's stupid. I don't understand people are trying to tear
- 19:32Speaker 4: down a country that made them stealthy rich. And the
- 19:37Speaker 4: only thing I can think of is is what you
- 19:39Speaker 4: have when these countries like Venezuela, on all these countries,
- 19:44Speaker 4: when they go belly up and they're still in existence,
- 19:46Speaker 4: they still are going along, but they there's a very
- 19:50Speaker 4: small percentage of people that are are are getting rich still,
- 19:55Speaker 4: and they're getting rich off everybody else. And maybe these
- 19:58Speaker 4: people are hoping that they're going to be that very
- 20:00Speaker 4: small percentage of people. Yeah, and the corrupt ones, the
- 20:04Speaker 4: ones that are still getting Yeah, that's the only thing
- 20:06Speaker 4: you think of.
- 20:07Speaker 1: That's that that goes hand in hand with some of
- 20:09Speaker 1: my listener's theories about you know, the future. They want
- 20:12Speaker 1: a world with a far lower population, with you know,
- 20:15Speaker 1: a handful of of you know, like Woodrow Wilson's sort
- 20:19Speaker 1: of experts that know everything there is to know about
- 20:22Speaker 1: how you and I are the remaining people should live
- 20:24Speaker 1: their lives. And I suppose if you are a multi
- 20:27Speaker 1: multi billionaire like George Soros, you kind of assume that
- 20:29Speaker 1: you're going to be one of those people, because well,
- 20:32Speaker 1: you've got a whole lot of money and kind of
- 20:33Speaker 1: can make better preparations for that. It's like, why are
- 20:36Speaker 1: all these multi billionaires building bunkers on their compounds? A
- 20:40Speaker 1: little concern over that maybe they see the future that
- 20:42Speaker 1: we don't see, or maybe they're anticipating something perhaps a
- 20:45Speaker 1: little paranoid. Maybe I don't know, but maybe they know
- 20:48Speaker 1: something we don't. I'm not that. I'm not in that
- 20:51Speaker 1: level of wealth and and you know, cash reserves and holding,
- 20:55Speaker 1: so I can't even consider contemplating something like that.
- 21:00Speaker 4: Not up in the Willie Cunningham strategy. No well no, not.
- 21:05Speaker 1: Never gonna make that level, never gonna make Well this.
- 21:08Speaker 4: This the stupid. The stupid people are the ones that
- 21:10Speaker 4: continue to vote for this crap. That's more that my
- 21:14Speaker 4: message is aimed at you people that go out and vote.
- 21:17Speaker 4: Think about what you're doing. Think about the people that
- 21:19Speaker 4: you're elected. That's what they stand for and what they're pushing.
- 21:23Speaker 4: I mean, come on, think about it. It doesn't take all.
- 21:26Speaker 4: You don't have to be a rocket sciences to see
- 21:27Speaker 4: what's going on. Don't loot democrats have a great day.
- 21:31Speaker 1: To Tom Yeah, to that point, I was one of
- 21:33Speaker 1: the things that's got me so depressed. I wake up
- 21:35Speaker 1: and I'm reading about this Graham Platner guy again. He's
- 21:38Speaker 1: almost in the news every single day running for the
- 21:40Speaker 1: Senator from Maine.
- 21:42Speaker 3: The guy is unhinged.
- 21:46Speaker 1: By all objective measures we can objectively, we can conclude
- 21:51Speaker 1: the man is unhinged, and yet he may very well
- 21:56Speaker 1: become a senator. The total cough Nazi tad to wearing
- 22:00Speaker 1: crazy guy who's insulted almost every single person of every
- 22:05Speaker 1: It's just how do we how are we in the
- 22:08Speaker 1: country like this? And he's only one of a multitude
- 22:11Speaker 1: of crazy, unhinged and quite frankly, really really stupid people
- 22:22Speaker 1: who may very well who actually stand a decent chance
- 22:25Speaker 1: of getting elected. What has happened to us collectively? Local stories?
- 22:32Speaker 1: We got a woman dad after a single vehicle crash
- 22:34Speaker 1: and happen Union Township yesterday evening Mason Morrow Millgrove Road,
- 22:39Speaker 1: Union Township, seven to ten pm yesterday. Preliminary investigation found
- 22:43Speaker 1: a two thousand and six Ford Focus driven by Paulette Hines.
- 22:49Speaker 1: Not a whole lot of paulettes in the world happened
- 22:50Speaker 1: to be married to one. She's fifty one, traveled off
- 22:53Speaker 1: the left side of the road, hit an embankment, then
- 22:55Speaker 1: flipped several times. Declared dead at the scene. Official say
- 22:59Speaker 1: heines not wearing a seatbelt at the time of the crash.
- 23:02Speaker 1: Police are still investigating as the time I'm reporting. Go
- 23:07Speaker 1: to Louisville. Child dad two others are facing life threatening
- 23:10Speaker 1: injuries after a car crash into a horse and buggy
- 23:13Speaker 1: in Carroll County. Kentucky State Police said they responded to
- 23:15Speaker 1: a two vis vehicle collision in Carrollton yesterday. Investigation indicated
- 23:21Speaker 1: that a white Nissan Ultima driven by Daniel Crawford, forty four,
- 23:25Speaker 1: of Carrollton, rear ended a horse and buggy carrying three juveniles.
- 23:29Speaker 1: All three of the juveniles taken to Norton Children's Hospital
- 23:32Speaker 1: Louisville with life threatening injuries. Kentucky State Police later updated
- 23:36Speaker 1: that one of the children sadly passed away from these
- 23:39Speaker 1: from the injuries and the crash does remain under investigation.
- 23:43Speaker 1: Five point thirty five Right now fifty five kr SE
- 23:45Speaker 1: detalk station fastened pro roofing the best You went great roofing.
- 23:49Speaker 3: You want detalk station.
- 23:56Speaker 1: It is five forty at fifty five car see de
- 24:00Speaker 1: talk station Call me up one two, five, one three
- 24:03Speaker 1: seven four nine fifty five hundred, eight hundred and eight
- 24:05Speaker 1: two three talk or pound five fifty on AT and
- 24:08Speaker 1: T phone. So figure some topic out you want to
- 24:09Speaker 1: talk about, bring it to my attention. Please feel free
- 24:11Speaker 1: to engage in the conversation Number fifty five caresee dot
- 24:14Speaker 1: com so you can listen wherever you happen to d
- 24:15Speaker 1: I heard media apps right there. I get a big
- 24:18Speaker 1: kick out of folks when they let me know where
- 24:19Speaker 1: they're listening from from outside the greater Cincinnati area. I know,
- 24:22Speaker 1: I'm old. I guess it revealed that every time. It's
- 24:24Speaker 1: like breaking news. Ryan. You know we have the Internet
- 24:27Speaker 1: now you can listen from elsewhere. I just think it's cool.
- 24:30Speaker 1: So I'll get your IHEARTMEDIAPP. It's really convenient. And good
- 24:32Speaker 1: morning to my wife, who I know is always on
- 24:34Speaker 1: the iHeartMedia app cause she takes a dog for a
- 24:36Speaker 1: walk and listens to my program. It's nice to have
- 24:39Speaker 1: a wife who actually wants to hear me. And you know,
- 24:43Speaker 1: I get I honey. I will acknowledge I am using
- 24:45Speaker 1: my indoor voice. I was a bit of an inside joke.
- 24:50Speaker 1: I can get passionate. When we were discussing, you know,
- 24:52Speaker 1: political matters, in around the dinner table. All had dinner
- 24:56Speaker 1: at my mom's last night to celebrate multiple birthdays, including
- 24:59Speaker 1: my wife's happy birthday, paul Ette. So try to steer
- 25:03Speaker 1: clear of politics otherwise. Brian Thomas's voice goes up and
- 25:06Speaker 1: he is reminded that he needs to use his indoor voice.
- 25:11Speaker 1: All right, I think we need to cue up, but
- 25:13Speaker 1: just walk away, Joe, Eric Pierriza. I don't know if
- 25:17Speaker 1: I'm pronouncing right pie r wz wsz at Pierza close enough.
- 25:22Speaker 1: Eric's forty eight years old. I guess he snapped because
- 25:28Speaker 1: for some reason he jumped on top of a Caboda
- 25:30Speaker 1: excavator and started tearing apart his home. Best good to say.
- 25:35Speaker 1: The damage is so severe that there are concerns about
- 25:37Speaker 1: the home structural integrity. I'm looking at it and yeah,
- 25:39Speaker 1: he did one hell of a job tearing the house up.
- 25:42Speaker 1: Please say the incident unfolded. Yes, Last Tuesday morning, arn
- 25:46Speaker 1: Martin Road in Buffalo Township, one of his neighbors said,
- 25:49Speaker 1: I'd like to know what, she referring to the guy's
- 25:52Speaker 1: wife said to him, because I'll make sure I don't
- 25:55Speaker 1: say it. Forty two years I've been married, I've never
- 25:58Speaker 1: threatened to tear the house down, and according to the
- 26:00Speaker 1: criminal complaint, this guy told his This guy's wife told
- 26:05Speaker 1: police that he showed up home at the family's house
- 26:07Speaker 1: after drinking all night and then started an argument with her.
- 26:12Speaker 1: That's when she told him the marriage was over. His response,
- 26:17Speaker 1: if it's over, I'll tear the house down, please say.
- 26:23Speaker 1: A few minutes later, he climbed onto the Caboda excavator
- 26:27Speaker 1: and started yes tearing the house down while his wife
- 26:30Speaker 1: and two daughters were still inside. You know, I was
- 26:33Speaker 1: anxiously reviewing the facts of this article to figure out
- 26:36Speaker 1: hole in the hell this excavator was right there in
- 26:38Speaker 1: his yard, ready to use to tear the house down.
- 26:41Speaker 1: I don't know if he was getting work done, but
- 26:42Speaker 1: it was conveniently located enough that he could do this
- 26:45Speaker 1: rash thing. Criminal complaints They dispatches could hear yelling and
- 26:48Speaker 1: the sound of the excavator while his wife called nine
- 26:51Speaker 1: to one one. Investigators say that the once the destruction stopped,
- 26:56Speaker 1: peers up, went back inside, grabbed the jim bag, and
- 27:01Speaker 1: took off toward Fawn Township before eventually being taken into custody. Yeah,
- 27:13Speaker 1: KDKA news there interviewing folks in the neighborhood. One of
- 27:16Speaker 1: the guys said he's hunted with Piersoa before, and he
- 27:18Speaker 1: described as being a big outdoorsman, and he was also
- 27:21Speaker 1: shocked by the allegation his charges. I love this one
- 27:26Speaker 1: causing a catastrophe. I didn't even know that was a charge,
- 27:31Speaker 1: reckless endangerment and disorderly conduct. Court records show his wife
- 27:34Speaker 1: planned to seek a protection from abuse order after the incident,
- 27:38Speaker 1: shocking literally no one. He's doing court again June ninth.
- 27:41Speaker 1: If you're in the area and want to show up,
- 27:46Speaker 1: you think for a moment, the guy contemplated the reality
- 27:48Speaker 1: that you know, he's got a vested financial interest in
- 27:51Speaker 1: the home, and tearing the home down just because he's
- 27:53Speaker 1: pissed off at his wife might not be in his
- 27:55Speaker 1: own best interest. Oh, I know, Joe, I understand, you
- 28:02Speaker 1: get it. I know you get the anger. But you see, Joe,
- 28:07Speaker 1: you would never do something so unbelievably stupid as that.
- 28:14Speaker 1: That's a good question. Joe wanted to know. If he
- 28:15Speaker 1: had a go fundme page, You've planned on making a
- 28:17Speaker 1: contribution just because you can relate on some level, Strekker. Okay,
- 28:31Speaker 1: let's just go ahead and take Frank herrecuse. I can
- 28:32Speaker 1: mention Bud Herbert motors. I don't know if Bud Herbert
- 28:36Speaker 1: sells Cabota Excavators. There's there's sort of a thought. Sorry
- 28:39Speaker 1: to Bud Herbert for even bringing that up. But you
- 28:40Speaker 1: know what by KRC the talk station, it is five
- 28:47Speaker 1: forty nine here fifty five krs the talk station blagging
- 28:51Speaker 1: or not dealing with another Monday. Try to light it
- 28:55Speaker 1: up with a stacker stupid this one? Wow? Okay, partly
- 28:59Speaker 1: agreement with prosecutors. A criminal case has been dropped against
- 29:03Speaker 1: a Texas embalmer who last year allegedly mutilated the corpse
- 29:09Speaker 1: of a sex offender. Brace yourself, stuffing the decedents severed
- 29:15Speaker 1: penis into his mouth. What phony charge against Amber Loudermilk,
- 29:22Speaker 1: who's thirty six thrown out earlier the month, Harris County
- 29:24Speaker 1: District Attorney Court judge granted dismissal motion filed by the prosecutors,
- 29:28Speaker 1: who noted an alternative resolution agreement was entered into with
- 29:33Speaker 1: missus Loudermilk. In his motion, the prosecutor offered a one
- 29:37Speaker 1: line description of the agreement explanation. Colon defendant completed a
- 29:42Speaker 1: class for dismissal close quote whatever complaints dismissal and the
- 29:48Speaker 1: quote unquote class not further explain. Another court records to
- 29:51Speaker 1: court to the Texas Funeral Service Commission records Loudermilk's and
- 29:54Speaker 1: Balmer's license, which was suspended after her arrest, expired at
- 29:58Speaker 1: the same time the abuse of corpse charge was dismissed.
- 30:03Speaker 1: Investigator's alleged that Loudermilk used a scalpel to disfigure the
- 30:07Speaker 1: corpse of Charles Roy Rodriguez, who was fifty eight, was
- 30:10Speaker 1: a registered sex offender who lived outside of the Houston area.
- 30:13Speaker 1: Mutilation occurred shortly after a Memorial Day. I'm sorry memorial
- 30:17Speaker 1: mortuary and crematory workers learned of his criminal history, ledged court. Hey, Joe,
- 30:26Speaker 1: I guess like pedophiles going into prison suffer the fate
- 30:29Speaker 1: that we all know they suffer, this is a new
- 30:32Speaker 1: one for me as a legend, the court complained. A
- 30:36Speaker 1: provisional Embalmer told police that she saw Loudermilk's stab defendant
- 30:40Speaker 1: Rodriguez twice with a scalpel in the growing and then
- 30:43Speaker 1: cut it off and place it into his mouth. It
- 30:50Speaker 1: doesn't say whether she has a GoFundMe page. Joe Laudi Milk,
- 30:57Speaker 1: according to police, told the witness who watched this, you
- 31:00Speaker 1: didn't see anything. H funeral director said loudermlks fondling the
- 31:06Speaker 1: mouth of the deceitan, That's what she said she saw,
- 31:10Speaker 1: adding that the decedent penis was in fact in his mouth.
- 31:16Speaker 1: Well that's a whole lot to swallow on a Monday,
- 31:18Speaker 1: isn't it, Joe phrasing. Ah, here's a bizarre one, aren't
- 31:23Speaker 1: they all? We go to Florida where a woman who
- 31:25Speaker 1: stole a coworker's Stanley cup so she could use it
- 31:30Speaker 1: to store her breast. Milk has accepted responsibility for theft.
- 31:35Speaker 1: It's part of the deal with prosecutors, and she will
- 31:38Speaker 1: complete as a consequence of her deal with prosecutors, what
- 31:40Speaker 1: they're calling a shoplifting awareness course. What it's part of
- 31:47Speaker 1: the pre trolley intervention agreement. Arianna Moss, who's twenty nine,
- 31:50Speaker 1: is going to be paying fines and court costs related
- 31:52Speaker 1: to the theft of a singular insulated coup. You know,
- 31:57Speaker 1: I thought about this in the context of US not
- 32:00Speaker 1: even bothering to prosecute criminal juveniles in the Greater Cincinnati area.
- 32:04Speaker 1: They won't even go through the process of writing them up.
- 32:06Speaker 1: They'll let them out. We don't have anything. This woman
- 32:08Speaker 1: stole a sixty dollars cup and went through the entire
- 32:11Speaker 1: judicial process in Florida. Joe doesn't say anything about her
- 32:19Speaker 1: having to get a library card, so the misdemeanor charge
- 32:26Speaker 1: is going to be dismissed after she completes this six
- 32:28Speaker 1: month program six month course in shoplifting Awareness. Arrested in
- 32:36Speaker 1: January after taking the forty ounce insulated to tumblr owned
- 32:39Speaker 1: by a female coworker at a wrec complex in Florida.
- 32:43Speaker 1: Before mos stole the sixty dollars item, a witness told
- 32:46Speaker 1: police that she had pointed to it and mused, quote,
- 32:49Speaker 1: this cup would be great to hold my breast milk
- 32:53Speaker 1: those quote And of course there was a surveillance camera
- 32:57Speaker 1: which did record her hiding the Stanley cup in her
- 32:59Speaker 1: lunch box before leaving the Highland Rec Center. That's where
- 33:02Speaker 1: she worked as a supervisor past tense On worked. She's
- 33:06Speaker 1: no longer there. She quit her jobs after the theft,
- 33:09Speaker 1: and she's been barred with having any contact with the
- 33:11Speaker 1: rec center. I hope it was worth it. Local Story
- 33:19Speaker 1: Local twelve reporting since a woman allegedly passed out and
- 33:24Speaker 1: crashed her car while driving under the influence, while her
- 33:27Speaker 1: two young children were in the back seat. Hamil on
- 33:31Speaker 1: the Communistipal Court records say they received a nine to
- 33:33Speaker 1: one one call May thirty three regarding a quote possible
- 33:35Speaker 1: impaired driver who struck her guardrail, was unable to maintain lanes,
- 33:38Speaker 1: and was also reported to be unconscious. Close quote. Vehicle
- 33:42Speaker 1: found by police pulled over for a traffic stop. Police
- 33:45Speaker 1: said the driver, identified as Kayla Helton in the court documents,
- 33:48Speaker 1: determined to be under the influence. She reportedly admitted to
- 33:51Speaker 1: being on methadone. Police investigated the vehicle and found two children,
- 33:56Speaker 1: ages five and eight, in the back seat. She was
- 34:00Speaker 1: rest charger two counts of endangering children. Wow, that's sad.
- 34:08Speaker 1: What more can one say? We are out of time
- 34:11Speaker 1: in this. I see carl Is on the phone. Carl,
- 34:13Speaker 1: if you gonna mind, don't mind holding a little bit,
- 34:14Speaker 1: I'll be more than pleased to take your call after
- 34:16Speaker 1: the top of the hour. News and yeah, I plague
- 34:18Speaker 1: update in the next hour, just in time for World Cup,
- 34:22Speaker 1: says Joe Strecker. Don't go away, I'd be right back.
- 34:25Speaker 3: At the top of the hour.
- 34:26Speaker 1: Here the top stories of the talkstation.
- 34:30Speaker 3: Six oh five here.
- 34:31Speaker 1: At fifty five caroson Talk station. My name is Brian Thomas.
- 34:34Speaker 1: The executive producer of this program is Joe Strecker. Without him,
- 34:37Speaker 1: this show would not actually exist. And the phone over
- 34:40Speaker 1: here if you like to call, it's five one, three, seven, four,
- 34:41Speaker 1: nine fifty five hundred, eight hundred and eight to two
- 34:43Speaker 1: three tok or pound five fifty on AT and T phones.
- 34:46Speaker 1: I welcome phone calls from the listeners topics. Maybe I'm
- 34:48Speaker 1: not going to dive on into you can steer us
- 34:50Speaker 1: in a different direction here in the morning show, real
- 34:51Speaker 1: quick for we get the Carl hold on one second,
- 34:53Speaker 1: Carl coming up seven to twenty. It is Monday. That
- 34:55Speaker 1: means we hear from Christopher Smith, Aman, former vice mayor
- 34:58Speaker 1: of the City of Cincinnati, and the Smith event. We're
- 35:00Speaker 1: here from Brian James. We do Money Monday with allword
- 35:02Speaker 1: of financials Brian James every Monday at eight oh five
- 35:05Speaker 1: Wall Street bubble concerns about the national debt and those
- 35:08Speaker 1: are justified concerns. Inflation really hitting people hard and to
- 35:12Speaker 1: the breaking point. And finally, artificials, a artificial intelligence stock
- 35:16Speaker 1: some apps are growing in popularity. I guess investment opportunities
- 35:19Speaker 1: still exists. We have care seet cares. Today we're going
- 35:22Speaker 1: to have Deanna Coleman, she's an RN with the Cincinnati
- 35:24Speaker 1: VA talking about innovation and technology at the VA. So
- 35:28Speaker 1: there's our lineup for this morning. Let's get over to
- 35:29Speaker 1: the phones. Carl, thank you so much for holding over
- 35:31Speaker 1: the break. Welcome to the show.
- 35:33Speaker 5: Sure, good morning, Brian, good to talk to you.
- 35:36Speaker 1: Say.
- 35:36Speaker 5: I received a email from Greg Landsman yesterday. He's my
- 35:41Speaker 5: first congressional district member in Congress, and the title is
- 35:46Speaker 5: fighting Trump's corruption. Of course, has put out a taxpayer expense.
- 35:51Speaker 5: But as I scrolled down further in the email, he
- 35:55Speaker 5: met with first Student Bus Company. Now that bus company
- 35:59Speaker 5: provides rides to school for the students. They service five
- 36:04Speaker 5: million students a day, and they talked about how he
- 36:09Speaker 5: can support their efforts to expand electric school buses and
- 36:14Speaker 5: ensure students continue to have reliable It says reliable transportation
- 36:20Speaker 5: to school. And anyone who listens to the media at
- 36:22Speaker 5: all knows that the school buses are not reliable in
- 36:26Speaker 5: the cold weather during the winter.
- 36:28Speaker 1: I know, Yeah, you're right.
- 36:30Speaker 3: I'm laughing for a variety of reasons.
- 36:31Speaker 1: The other this is the cost associated with acquiring an
- 36:34Speaker 1: electric school bus, which I understand are substantially more expensive
- 36:38Speaker 1: than the diesel buses out in the world. Yeah.
- 36:41Speaker 5: You know, a FIR student is looking for a handout
- 36:44Speaker 5: here because if they weren't, they would just go ahead
- 36:47Speaker 5: and buy the electric school buses. So they want to
- 36:51Speaker 5: you know, taxpayers to support these things.
- 36:53Speaker 2: Yeah.
- 36:53Speaker 5: Yeah, I understand, fuel prices are up, but come on,
- 36:57Speaker 5: fuel bull.
- 36:58Speaker 1: Fuel prices go up, fuel price go down, and you know,
- 37:01Speaker 1: and you know the other component of this, Carl, how
- 37:05Speaker 1: is electricity generated these days? Do you think that the
- 37:08Speaker 1: electricity when you go to power up your electric vehicle
- 37:12Speaker 1: or buses the case may be, is being powered exclusively
- 37:15Speaker 1: by wind turbines and solar panels. No, it's being powered
- 37:19Speaker 1: by a natural gas and maybe if you're lucky in
- 37:22Speaker 1: nuclear plant, but you know, the traditional quote unquote fossil
- 37:25Speaker 1: fuel type power generation. Maybe you got some hydro in there.
- 37:28Speaker 1: It's a mixed bag, but a lot of it's coming from. Yes,
- 37:30Speaker 1: the the the energy sources that have gone up. And
- 37:34Speaker 1: I asked someone the other day, I said, is there
- 37:36Speaker 1: do you save money charging up an electronic an EV
- 37:40Speaker 1: versus pumping at the gas, And because I have never
- 37:43Speaker 1: charged an EV, I don't know what it costs to
- 37:44Speaker 1: do so. But you know, considering we're supposed to be
- 37:47Speaker 1: doing this the name of global warming, you're still not
- 37:49Speaker 1: reducing carbon necessarily. It still costs money to charge it.
- 37:53Speaker 1: And if the price of energy is going up, I
- 37:56Speaker 1: don't know that you're necessarily going to achieve any money
- 37:58Speaker 1: savings by moving away from d diesel and going with electric,
- 38:01Speaker 1: but let's say that's possible. The price of buying an
- 38:04Speaker 1: electric bus is far exceeds the cost of a diesel bus.
- 38:07Speaker 1: And if you're doing this in the name of global warming, Carl,
- 38:10Speaker 1: you got to factor into the global destruction and carbon
- 38:13Speaker 1: output that it takes to build an electric bus. It's
- 38:16Speaker 1: the whole this nonsense is collapsing on top of itself, Carl,
- 38:20Speaker 1: and I got to thank you very much for bringing
- 38:23Speaker 1: up that particular topic, because among the topics I wanted
- 38:25Speaker 1: to get into is exactly that. Thank you. I saw
- 38:29Speaker 1: this and I wrote jump the Shark for those who
- 38:31Speaker 1: remember happy days when Phonsie jumped the shark. That's the
- 38:34Speaker 1: moment in time you realize that you know they've run
- 38:36Speaker 1: out of ideas and concepts, and they've gotten so ridiculous
- 38:40Speaker 1: that you know, it's a moment in history that now
- 38:41Speaker 1: has a name, California Climate Change Program. They are actually
- 38:47Speaker 1: giving free there's that word, solar panels to illegal immigrants.
- 38:54Speaker 1: There's a program. Of course, there is the farm worker
- 38:56Speaker 1: housing component or the low of the subset of the
- 39:01Speaker 1: low income Weatherization program. Taxpayer dollars throwing money at this
- 39:06Speaker 1: in the name of global warming, climate change. This is
- 39:09Speaker 1: how these programs get created. And of course there are
- 39:12Speaker 1: some non governmental organizations that are responsible for administering this,
- 39:15Speaker 1: and they've all agreed that, yeah, we've spent forty nine
- 39:18Speaker 1: million to hand out free solar panels to recipients, many
- 39:22Speaker 1: of whom illegal aliens. All right, do not care what
- 39:25Speaker 1: you say one way or another. I'm just thinking another
- 39:28Speaker 1: sort of social welfare safety net program that people who
- 39:31Speaker 1: shouldn't even be in our country are glombing onto. There's
- 39:34Speaker 1: your tax payer dollars going to get another one. But
- 39:38Speaker 1: why we have these programs out there feeding families that
- 39:44Speaker 1: work for NGOs on global climate change. It's an industrial
- 39:49Speaker 1: complex out there. Trillions of dollars been thrown at these
- 39:52Speaker 1: pivot over Holman Jenkins Junior op ed p's Donald Trump
- 39:55Speaker 1: climate scientists how a presidential tweet force the media to
- 39:59Speaker 1: come to terms with its faulty global warming reporting. Now
- 40:04Speaker 1: we need to get the word out on this because
- 40:06Speaker 1: of our young people are all indoctrinated and mindlessly say
- 40:09Speaker 1: your car is killing us, among other ridiculous assertions. You
- 40:13Speaker 1: also need to talk to those people that are true
- 40:14Speaker 1: believers about the reality of what we use petroleum in,
- 40:17Speaker 1: which is literally everything, including you know, the plastic bottle
- 40:20Speaker 1: they're drinking their water out of. Anyway, he points it out,
- 40:23Speaker 1: many Americans still think the key question in climate politics
- 40:27Speaker 1: is a human effect on climate yay or nay believer
- 40:32Speaker 1: versus denier those your two camps. No, you're right. For
- 40:36Speaker 1: forty years, the only interesting questions have been how and
- 40:39Speaker 1: how much are we influencing the climate and the cost
- 40:42Speaker 1: and benefit of proposed actions, questions that can't be answered
- 40:46Speaker 1: by shouting yay or nay about human role in climate change.
- 40:51Speaker 1: Activists have taught us one thing. Hectoring about the end
- 40:54Speaker 1: of the world insisting the science is settled. Equating doubters
- 40:58Speaker 1: to holocaust deniers has been a stimulant to green pork
- 41:05Speaker 1: and not real climate policy, the pinnacle of cynicism being
- 41:09Speaker 1: Joe Biden's Inflation Reduction Act. The public understandably long ago
- 41:14Speaker 1: stopped listening, or maybe it started getting its guidance from
- 41:18Speaker 1: Donald Trump, which wouldn't be the worst thing in the world.
- 41:22Speaker 1: This month, when the authoritative United Nations Advisory Panel quietly
- 41:26Speaker 1: junked a long misused worst case emission scenario known as
- 41:31Speaker 1: RCP eight point five, one of the first to notice
- 41:34Speaker 1: was the President, who charmingly tweeted about Democrats and their wrong, wrong, wrong,
- 41:39Speaker 1: all caps climate estimates. This was a public service, it
- 41:43Speaker 1: turned out, for mister Trump's post forced the media to
- 41:47Speaker 1: reckon with a decade's worth of its own bad reporting.
- 41:54Speaker 1: Let's start with a bit of perspective. It all began
- 41:57Speaker 1: with the twenty eighteen US Government Assistant An Assessment, instigating
- 42:02Speaker 1: what I. Homa Jenkins Junior called a psychiatric moment for
- 42:06Speaker 1: the news media, piling up worst case assumptions, including this
- 42:11Speaker 1: RCP eight point five. The report issued by the government
- 42:15Speaker 1: showed warming nevertheless to be an affordable burden for Americans,
- 42:20Speaker 1: who would be three or four times as rich by
- 42:23Speaker 1: twenty ninety despite an adverse climate, a warming climate. In
- 42:26Speaker 1: other words, we're not all going to die. But this
- 42:30Speaker 1: created a problem for the press. All climate news must
- 42:34Speaker 1: be bad, tending toward worse. Reporters did the only thing
- 42:39Speaker 1: they could. They ignored the numbers and filled their dispatches
- 42:43Speaker 1: with adjectives indicating a doom that, hilariously, the study didn't
- 42:48Speaker 1: even support par for the course. Maybe, but the episode
- 42:52Speaker 1: was so grossly stupid it gave birth to a resolution
- 42:57Speaker 1: by scientists to stop feeding the media worse case scenarios
- 43:00Speaker 1: to misrepresent. This impulse has now been honored with a
- 43:05Speaker 1: semi congratulatory presidential tweet. Always a lagger, though, is the
- 43:11Speaker 1: New York Times first It resorted to a canard in
- 43:15Speaker 1: response to Trump's posting a story claiming that our cpaight
- 43:19Speaker 1: point five, far from being faulty, simply was rendered moot
- 43:23Speaker 1: by the glorious carbon reducing progress of green energy. This
- 43:28Speaker 1: was so obviously false the paper ran a second report,
- 43:32Speaker 1: now admitting that, in their words, news stories in other word,
- 43:36Speaker 1: its own about climate research often emphasized the results based
- 43:40Speaker 1: on our cpaight point five as a picture of what
- 43:42Speaker 1: the world can expect unless countries slash their emissions, which
- 43:47Speaker 1: isn't right. Understand, it's a close quote. Understand. Our PC
- 43:52Speaker 1: eight point five was created to give scientists a high
- 43:55Speaker 1: emissions path to play with. From the start, it lacked
- 43:59Speaker 1: any consistent and internal logic, as its original designers stipulated.
- 44:05Speaker 1: Only later was a backstory of justification added in an
- 44:10Speaker 1: RCP eight point five World All Technological Project. A progress
- 44:15Speaker 1: in the energy field would end. That is, with a
- 44:18Speaker 1: strange exception, the technology to allow the world to quinn
- 44:23Speaker 1: tupple its coal consumption, such as burning coal in cars. Remember,
- 44:27Speaker 1: as the worst case scenario, we will never progress forward
- 44:31Speaker 1: in terms of energy generation. We're all gonna die because
- 44:34Speaker 1: of carbon creation. They failed to take into account something
- 44:36Speaker 1: that I've been advocating for now forever. As my regular
- 44:39Speaker 1: listeners know, small modular reactors. They're a thing. We could
- 44:42Speaker 1: have them now. They would produce carbon free energy in abundance. See,
- 44:45Speaker 1: it didn't even take that into account. It ignored the
- 44:47Speaker 1: bright reality that might happen. There's always progress, folks. We're
- 44:51Speaker 1: not gonna all starve to death. We have fertilizers in
- 44:53Speaker 1: modern crop production they didn't have, and we all thought
- 44:55Speaker 1: the world was going to run out of food because
- 44:57Speaker 1: of overpopulation. Anyway, back to home, and in any sane model,
- 45:03Speaker 1: of course, technological advance is routine and must be accounted for,
- 45:07Speaker 1: and we've had plenty in all areas of energy production
- 45:10Speaker 1: and distribution, including green energy. But the world consumes more
- 45:13Speaker 1: of every kind of energy, even renewables, without necessarily having
- 45:17Speaker 1: any deliberate effect on emissions, though those emissions remain far
- 45:21Speaker 1: below the RCP eight point five forecast, which proved useful
- 45:26Speaker 1: only for over selling climate doom to the public. The
- 45:32Speaker 1: larger lesson is an extraordinary story of futility and cynicism
- 45:37Speaker 1: which passes itself off as climate politics. Literally trillions of
- 45:43Speaker 1: dollars have been wasted. The story begins with the Obama
- 45:47Speaker 1: administration ditching a carbon tax in favor of green pork.
- 45:51Speaker 1: It ends with the former John carry Aid arguing last
- 45:54Speaker 1: year that the effects of climate change, in his words,
- 45:56Speaker 1: resemble those if China or Indonesia were to launch miss
- 46:00Speaker 1: at the United States, in other words, saying this climate
- 46:02Speaker 1: change is basically had going to have the same impact
- 46:05Speaker 1: as nuclear war. Homan Jenkins interjects the US should consider
- 46:10Speaker 1: employee military power against emitting countries. This record of disgrace
- 46:16Speaker 1: only underlines the glory and mystery of the current moment.
- 46:21Speaker 1: Organized climate science is finally repenting of its overuse of
- 46:26Speaker 1: worst case scenarios, and not because of searching criticism from
- 46:31Speaker 1: an honest and competent news media, but because of embarrassment
- 46:37Speaker 1: that shoddy mainstream coverage of climate science. This climate sciences
- 46:41Speaker 1: are embarrassed that they had the reporting. It was done
- 46:43Speaker 1: this way. That's not what we said. More amazing, the
- 46:48Speaker 1: truth has now reached the readers of the New York
- 46:50Speaker 1: Times and likely wouldn't have if mister Trump hadn't posted
- 46:53Speaker 1: about climate science in his usual hyperbolic all caps way
- 46:59Speaker 1: on truth six eighteen fifty five care CD talk station. Amen,
- 47:04Speaker 1: Now let's get the word out and then we can
- 47:06Speaker 1: start talk station six twenty two here fifty five care
- 47:12Speaker 1: see the talk station that a Monday, trying to make
- 47:14Speaker 1: it so anyway, you know, contemplating this whole nonsense, this
- 47:17Speaker 1: bill of goods we've been sold. If I say it's
- 47:19Speaker 1: a bill of goods and hopefully everybody'll figure it out
- 47:21Speaker 1: talking about this green energy crap and the reason we
- 47:23Speaker 1: need it, and then we find out the predicate for
- 47:26Speaker 1: it is, well, maybe things aren't going to be so bad,
- 47:28Speaker 1: and it won't be bad. Spin it back to al
- 47:31Speaker 1: Gore's movie Inconvenient Truth. We were all going to die
- 47:35Speaker 1: and those the predictions came and went and none of
- 47:38Speaker 1: them came true, not a single one. And yet school
- 47:43Speaker 1: children were lined up to see that movie was shown everywhere.
- 47:46Speaker 1: This is our future. If we don't get all we
- 47:48Speaker 1: don't get, we need to start well. And Joe Strekker said,
- 47:51Speaker 1: he goes, I did not put this spot in here,
- 47:53Speaker 1: the electric vehicle spot we just heard. The timing was
- 47:56Speaker 1: just already built in the equation. We didn't even know
- 47:57Speaker 1: what it was. But if you take out the alarmism,
- 48:04Speaker 1: the fear that was put into our hearts and minds that,
- 48:08Speaker 1: oh my god, carbon dioxide, it's going to kill us.
- 48:11Speaker 1: All the sea levels are gonna rise, New York City
- 48:14Speaker 1: is going to be underwater in or to step back
- 48:19Speaker 1: from that and realize that you know, all of this
- 48:21Speaker 1: was built on lies that you have been convinced that
- 48:24Speaker 1: of about something that isn't true. I personally would feel
- 48:29Speaker 1: let down, But then again, I never bought into the
- 48:30Speaker 1: bill of goods it was being sold anyway. It all
- 48:34Speaker 1: seems so illogical. And crazy, So you step back from
- 48:37Speaker 1: it and then wonder what was the motivation. Why were
- 48:44Speaker 1: they trying to get us to believe the world was
- 48:45Speaker 1: going to come to an end if we didn't quit
- 48:47Speaker 1: pumping gas into our cars. And you know, some out
- 48:53Speaker 1: there say they just want to control us. They want
- 48:55Speaker 1: to limit our freedom of travel, they want a limit
- 48:57Speaker 1: our ability to move about. I don't know. I don't
- 49:00Speaker 1: understand that philosophy because I don't spring from such a
- 49:03Speaker 1: level of narcissism that I think I know better than
- 49:06Speaker 1: everybody else about how to live your life. But clearly
- 49:09Speaker 1: we are filled with a world full of our politicians
- 49:11Speaker 1: and our leaders and those that make the decisions for us.
- 49:14Speaker 1: People like that who think we are a bunch of
- 49:16Speaker 1: children who are incapable of making our own decisions and
- 49:19Speaker 1: we need to be controlled and kept in our little environment.
- 49:24Speaker 1: But if you can convince someone who is a believer,
- 49:28Speaker 1: a firm believer, that they have been lied to, what
- 49:32Speaker 1: do you think the reaction is going to be to that?
- 49:35Speaker 1: As I stare at Ebola getting to be a bigger
- 49:37Speaker 1: and bigger problem, And Joe Strecker pointed out that Congo
- 49:41Speaker 1: is in the World Cup and there are more than
- 49:42Speaker 1: a thousand cases and death so far about ebola. Is
- 49:45Speaker 1: that going to come out into the world? And if
- 49:47Speaker 1: it does, are you going to remember the bill of
- 49:51Speaker 1: goods that we were sold about COVID nineteen hmm. Yeah,
- 49:57Speaker 1: we were lied to about that as well. Maybe not everything,
- 50:00Speaker 1: but the mask and the social distancing all pulled from
- 50:03Speaker 1: someone's sphincter, like maybe doctor Fauci. Oh, yeah, an Amy
- 50:09Speaker 1: lockdown acting here in the state of Ohio, Jo, thank
- 50:11Speaker 1: you very much for a plug for vvig Ramaswami, which
- 50:14Speaker 1: is a much better option. I would hope that you've
- 50:16Speaker 1: concluded than Amy lockdown acting. You can't go to church,
- 50:20Speaker 1: you can't go to work, and you can watch your
- 50:23Speaker 1: loved one die in a nursing home and you won't
- 50:25Speaker 1: be able to visit them. Six twenty five right now,
- 50:28Speaker 1: fifty five kr SED talk station.
- 50:29Speaker 3: USPEED talk station.
- 50:33Speaker 1: At six thirty Here, fifty five KRCD talk station five
- 50:35Speaker 1: point three seven hundred eight two three talk Tom five
- 50:39Speaker 1: fifty on eight.
- 50:39Speaker 3: And T phones.
- 50:41Speaker 4: Yeah.
- 50:42Speaker 1: Since Juck was talking about traffic, I saw the reporting
- 50:45Speaker 1: on the Brents Ben's Big Bridge project that got the
- 50:48Speaker 1: equipment showing up tugboats pulling in cranes and other equipment.
- 50:51Speaker 1: The project four point zero five billion dollars. How many
- 50:55Speaker 1: presidents campaigned on getting that one done? Yeah, well it's uh,
- 50:58Speaker 1: it's starting right now. Timeline has changed a little bit.
- 51:03Speaker 1: Let's see. Early approach work is going to continue to
- 51:05Speaker 1: the spring. Utility relocations, preparation for the bridge foundation work.
- 51:10Speaker 1: The Companion Bridge, the one they're building, expected to open
- 51:14Speaker 1: in twenty thirty one, and officials anticipate the approach work
- 51:18Speaker 1: will be completed by twenty thirty three. Got quite a
- 51:20Speaker 1: few years of this coming our way. Timeline for the
- 51:23Speaker 1: upcoming closures regarding the Brents Benz Bridge Corridor project revised
- 51:27Speaker 1: for some additional time, they say, to allow the utility
- 51:31Speaker 1: work to be done. Temporary and permanent closures of interstate
- 51:35Speaker 1: ramps were originally scheduled for last week, now expected to
- 51:38Speaker 1: start on June eighth. Specifically, I seventy one seventy five
- 51:42Speaker 1: northbound off of Twelfth Street slash MLK Boulevard and the
- 51:47Speaker 1: ICE seventy one seventy five southbound ramp from Twelfth Street
- 51:50Speaker 1: MLK Boulevard will close, along with Bullock Avenue from Pike
- 51:55Speaker 1: Street to the Ice seventy one seventy five southbound ramp
- 51:58Speaker 1: on twelfth. Twelfth Street bridge between Simon Kenton Way and
- 52:01Speaker 1: Bullock also be closed. Simon Kenton Way will change the
- 52:04Speaker 1: two way traffic at that time traffic We detoured via
- 52:08Speaker 1: Pike Street and Dixie Highway to Kyle's Lane and then
- 52:10Speaker 1: I seventy one seventy five southbound. Man, this is as
- 52:15Speaker 1: I read this and I'm thinking, yeah, you're driving along
- 52:17Speaker 1: going What the hell is he talking about? I need
- 52:18Speaker 1: a map to really figure out where this is. Just
- 52:21Speaker 1: expect a lot of delays and problems. Ultimately this will
- 52:24Speaker 1: all work out for everybody's benefit, hopefully, but presently gerdia
- 52:30Speaker 1: Llin's another local news. A child dead two others are
- 52:34Speaker 1: facing life threatening injuries after a crash into a horse
- 52:37Speaker 1: and buggy. It happened in Carroll County corner to the
- 52:39Speaker 1: Kentucky State Police who responded to this two vehicle collision
- 52:42Speaker 1: in Carrollton yesterday. Initial investigations indicate that a white Nissan
- 52:48Speaker 1: Ultimate driven by a guy named Daniel Crawford, who's forty
- 52:50Speaker 1: four from Carrollton, rear into the horse and buzzy buggy
- 52:53Speaker 1: that was carrying three juveniles, all three taking a Norton
- 52:56Speaker 1: Children's Hospital. Sadly, one of them succumbed to the injuries.
- 53:00Speaker 1: Crash remains under investigation. We have a woman dead after
- 53:06Speaker 1: a single vehicle crash in Union Township. This happened last
- 53:09Speaker 1: evening crash having a Mason Morrow Milgrove Road in Union
- 53:13Speaker 1: Township ten minutes after seven pm. Preliminary investigation found that
- 53:18Speaker 1: at two thousand and six Ford Focus, driven by Paul
- 53:20Speaker 1: Atte Hines fifty one A Mainville, traveled off the left
- 53:23Speaker 1: side of the road, hit an embankment, flipped over several times,
- 53:26Speaker 1: and then came to a rest on the guardrail. She
- 53:30Speaker 1: was declared dead at the scenes. Official st Hines was
- 53:33Speaker 1: not wearing a seatbelt at the time of the crash.
- 53:35Speaker 1: This investigation also continues. Butler County Sheriff see here, Steve Home,
- 53:53Speaker 1: let's see here. I'm sorry, I got confused on this
- 53:56Speaker 1: local story. I apologize and without further deo, let's take
- 53:59Speaker 1: an early break here because a posity. You know, actually,
- 54:02Speaker 1: I can go back to Bobby's over and under. I
- 54:04Speaker 1: didn't see a whole lot of gunfire and murders over
- 54:06Speaker 1: the weekend, so in a nod to Bobby who put
- 54:08Speaker 1: the over and under at seven for gun violence over
- 54:11Speaker 1: the weekend. At least it appears to have come in under,
- 54:13Speaker 1: so there's a positive local story made on the fly.
- 54:16Speaker 1: Sixths six thirty four. You're fifty five fifty five k
- 54:21Speaker 1: the talk station. It is six thirty nine here at
- 54:34Speaker 1: fifty five k rs DE talk station. Regular listeners know
- 54:39Speaker 1: this song means we're gonna do a plague update. I
- 54:44Speaker 1: alluded to it a moment ago and last segment. Or
- 54:48Speaker 1: you can call five one three seven nine fifty five
- 54:52Speaker 1: h eight two three talk time fix fifty on eight
- 54:54Speaker 1: and T phones little anthrax for you. Now, Okay, here's
- 55:01Speaker 1: the next plague. It's coming our way. Oh my god.
- 55:03Speaker 1: The alarm bells are going off. And we've heard about
- 55:04Speaker 1: a bola before. It never really did quite make it
- 55:06Speaker 1: out of the area where it was found in Africa.
- 55:08Speaker 1: We now have some concerns being expressed by a lot
- 55:11Speaker 1: of medical health professionals that got a real problem on
- 55:13Speaker 1: our hands. Are we going to take it seriously if
- 55:16Speaker 1: it comes here? After we relied to about COVID, let's
- 55:21Speaker 1: start over in Republic of Congo, where they say more
- 55:25Speaker 1: than eleven hundred people are suspected of having contracted ebola.
- 55:29Speaker 1: Head of the African Union's Health agency said yesterday talking
- 55:32Speaker 1: to The Financial Times, Director General Gene Cassea of the
- 55:37Speaker 1: African Centers for Disease Control and Prevention they have their
- 55:40Speaker 1: own CDC there, how about that said two hundred and
- 55:42Speaker 1: sixty three confirmed cases, forty three confirmed deaths, more than
- 55:48Speaker 1: eleven hundred as I mentioned, suspected case still being investigated.
- 55:51Speaker 1: According to the officials African CDC, they said there have
- 55:55Speaker 1: been two hundred and forty six deaths from the virus CASEYA,
- 56:01Speaker 1: criticizing African's dependence on outside financial support, another reality we
- 56:08Speaker 1: must move at the speed of the epidemic. Health Minister
- 56:12Speaker 1: of the Democratic republica Condo Congo, Uganda and South Suzan
- 56:16Speaker 1: Sudan recently adopted a some three hundred and nineteen million
- 56:20Speaker 1: dollar response to this outbreak and what they anticipated and
- 56:24Speaker 1: they anticipate it's going to get worse. It's not enough
- 56:26Speaker 1: money to be thrown at it, apparently. Outbreak declared May
- 56:29Speaker 1: fifteenth in the northeast part of the Democratic Republic of Congo,
- 56:33Speaker 1: home to more than one hundred million people and also
- 56:38Speaker 1: one of the poorest countries. In the world. The disease,
- 56:46Speaker 1: described as causing deadly hemigaic fever, has been detected in
- 56:50Speaker 1: three Congolese provinces as well as Uganda. There is no vaccine.
- 56:56Speaker 1: There apparently is no approved treatment against this version of
- 56:59Speaker 1: the virus. It's the bunded bugio virus or the strain
- 57:04Speaker 1: rather of it. World Health Organization they say they've triggered
- 57:09Speaker 1: an international health alert. The true scale the outbreak, they say,
- 57:12Speaker 1: is unknown. Again, you're talking about a very very poor
- 57:14Speaker 1: country with very very poor communications. People do not understand
- 57:18Speaker 1: and have an understanding of what this virus can do,
- 57:20Speaker 1: how it can be contracted, or what to do if
- 57:22Speaker 1: you do contract it. And people apparently are fleeing the
- 57:27Speaker 1: area when they become aware that the bowl is floating around,
- 57:30Speaker 1: they pack up their bags and they move. And international
- 57:34Speaker 1: health authorities are saying this current figures that we've got
- 57:36Speaker 1: right now. Again, the scope of this is really truly unknown.
- 57:40Speaker 1: They say, all of this is probably an underestimation. Now
- 57:43Speaker 1: going back to a climate alarmism, you know, the reporters
- 57:46Speaker 1: like to do and report what the reporters like to report.
- 57:48Speaker 1: Maybe they're all just trying to get us all gemmed up.
- 57:50Speaker 1: Over something else. This one's kind of a scary proposition.
- 57:55Speaker 1: CDC director Robert Redfield said he would not be surprised
- 58:00Speaker 1: there are multiple ebola cases inside the United States, and
- 58:07Speaker 1: this ebola outbreak that's going on right now that I
- 58:10Speaker 1: mentioned in Congo in the regions around there, the third
- 58:14Speaker 1: largest in history, a cord to the World Health Organization,
- 58:16Speaker 1: which has declared a public health in our emergency of
- 58:19Speaker 1: international concern. Redfield, the former CDC director, said, I wouldn't
- 58:27Speaker 1: won't be surprised if we don't have one or two
- 58:29Speaker 1: or three sporadic cases referring to here in the United States.
- 58:33Speaker 1: And here's the fun fact, Jostrekker glombed onto this because
- 58:35Speaker 1: he's a huge soccer fan. I'm only saying that because
- 58:41Speaker 1: of the World Cup coming a lot of travel. It
- 58:45Speaker 1: depends on how much of this virus does get outside
- 58:48Speaker 1: of the Democratic Republic of Congo. Administration officials said last
- 58:54Speaker 1: Wednesday that White House plans the sen's Americans exposed to
- 58:57Speaker 1: ebola to a quarantine treatment facility being constructed in Kenya.
- 59:02Speaker 1: Well that kind of sounded weird, isn't it. We've already
- 59:06Speaker 1: thrown at resources at a treatment facility in Kenya to
- 59:12Speaker 1: treat Americans, notwithstanding the fact that it's being constructed there.
- 59:18Speaker 1: It's Fox News or remembers The News Nation reported that
- 59:22Speaker 1: a court in Kenya last Friday block the government from
- 59:26Speaker 1: permitting the United States to establish the quarantine facility. Okay,
- 59:34Speaker 1: Former CDC director Redfield said the facility in Kenya is
- 59:37Speaker 1: not a good decision by the administration. He suggests that
- 59:40Speaker 1: Americans affected by Ebola are best off receiving the highest
- 59:43Speaker 1: quality care possible, which he said is in the United States.
- 59:48Speaker 1: All right, Well, that's a red flag to me too.
- 59:50Speaker 1: If you could treat people elsewhere and not bring the
- 59:53Speaker 1: ebolavirus into the United States, doesn't that sound better, at
- 59:57Speaker 1: least in terms of protecting the population of the United
- 59:59Speaker 1: States of America. Well, it does to me anyway. And
- 1:00:09Speaker 1: there already had been affected Americans, they said. The administration
- 1:00:11Speaker 1: has evacuated at least one American doctor who was infected
- 1:00:15Speaker 1: with a bowl and they sent him to Germany. Another
- 1:00:18Speaker 1: doctor exposed to the virus was sent to Prague. I
- 1:00:23Speaker 1: wonder if Germany or Prague had anything to say about that. Oh, sure,
- 1:00:26Speaker 1: bring them on in. That's nothing nothing to see here,
- 1:00:28Speaker 1: not gonna be a problem. Gerd your loins, folks. Maybe
- 1:00:31Speaker 1: this is the next one. I don't know, more than
- 1:00:33Speaker 1: likely not five three seven fifty five hundred eight six
- 1:00:39Speaker 1: fifty five Karasiti Talk stations five one three seven fifty
- 1:00:44Speaker 1: five hundred, eight hundred and eighty two three talk go
- 1:00:47Speaker 1: with pound five fifty if you have an AT and
- 1:00:48Speaker 1: T phone and go to the podcast page fifty five
- 1:00:50Speaker 1: cars dot com. Real interesting time talking was signal ninety
- 1:00:53Speaker 1: nine last week and that Iteam report about iris Roli
- 1:00:56Speaker 1: and everything's going on in downtown since any Todd Zenzer's
- 1:00:58Speaker 1: following up on that, lots have really pointed, and great
- 1:01:01Speaker 1: questions from citizen watch dog Todd Windsor about this contract
- 1:01:05Speaker 1: she entered into and all of the missing documents and
- 1:01:10Speaker 1: the suspicious reality of the money that's being paid to
- 1:01:13Speaker 1: her and her sons. No nepotism when you got a
- 1:01:15Speaker 1: subcontractor doing the work, you can't do it if you're
- 1:01:17Speaker 1: a city employee, which maybe why she's not employed by
- 1:01:20Speaker 1: the city and is being employed under a separate contract.
- 1:01:23Speaker 1: But Traction Galore online with signal ninety nine comments about that.
- 1:01:28Speaker 1: So happy to have her on the program and I
- 1:01:31Speaker 1: will look forward to while interviewing her and talking to
- 1:01:34Speaker 1: her more about the information that she presents to everybody,
- 1:01:36Speaker 1: and doing some great local reporting by having the inside
- 1:01:40Speaker 1: scoop and the inside contacts with the various organizations in
- 1:01:43Speaker 1: downtown since say, like police and fire and ems and others.
- 1:01:47Speaker 1: I am struggling with this one. I really bothered by it.
- 1:01:51Speaker 1: You know, I'm a patriot, I try to be anyway.
- 1:01:55Speaker 1: I don't understand the evil and hatred that's being You
- 1:01:58Speaker 1: know that the United States is being tact you know,
- 1:02:00Speaker 1: we're the worst country in the world, and in spite
- 1:02:02Speaker 1: of everything that we've done. We could go on and
- 1:02:04Speaker 1: on about all the things. The illustrations, these these mark
- 1:02:07Speaker 1: literally Marxists trying to get illegal immigrant murderers and rapists
- 1:02:10Speaker 1: out on the streets in New Jersey. And you know,
- 1:02:13Speaker 1: the the Antifa folks, black Lives Matter, and that's not
- 1:02:17Speaker 1: saying anything about the race of anybody. It's Black Lives
- 1:02:20Speaker 1: Matter organization, which was a self described Marxist organization. So
- 1:02:23Speaker 1: I don't get any of that. All of them, as
- 1:02:26Speaker 1: I mentioned earlier in the program, well funded. They're non
- 1:02:30Speaker 1: governmental organizations. This is a new business model. You get
- 1:02:33Speaker 1: really wealthy Marxist leftist donors who made billions of dollars
- 1:02:37Speaker 1: off the American economy funding these organizations which are designed
- 1:02:40Speaker 1: solely to undermine the United States of America and create
- 1:02:43Speaker 1: division in our country. And it's having some wild success.
- 1:02:47Speaker 1: Does anybody feel like we're united on anything? And it
- 1:02:51Speaker 1: was disturbed. It is a two hundred and fiftieth anniversary
- 1:02:54Speaker 1: of our countries founding, and there should be a lot
- 1:02:56Speaker 1: of reason to celebrate. And I don't get you know,
- 1:02:59Speaker 1: this whole Freedom two fifty thing, this concert and this
- 1:03:02Speaker 1: event that Donald Trump is pushing and great, let's celebrate
- 1:03:05Speaker 1: the United States. He's cleaned up Washington, d C. Figuratively
- 1:03:08Speaker 1: and literally. It's a lot better than it was a
- 1:03:11Speaker 1: short time ago, making it look great. So when people
- 1:03:14Speaker 1: visit the nation's capital, it's something that maybe you could
- 1:03:16Speaker 1: be proud of. So Saturday, the group organizing this event,
- 1:03:22Speaker 1: it's a group called Freedom two fifty, announce that Donald
- 1:03:27Speaker 1: Trump would kick off of State Fair June twenty fourth
- 1:03:29Speaker 1: with an opening ceremony as the visionary behind the Great
- 1:03:33Speaker 1: American State Fair. We're excited to announce that President Trump
- 1:03:35Speaker 1: will personally kick off as historic celebration Wednesday, the twenty
- 1:03:39Speaker 1: fourth and an opening ceremonies celebrating America's tour to fiftieth Birthday. Now,
- 1:03:43Speaker 1: the problem is getting Donald Trump mixed into this, and
- 1:03:45Speaker 1: now it's become a political thing. The celebration of the
- 1:03:49Speaker 1: mayor of America. Two hundred and fifty years, We've had Republican, Parsanans,
- 1:03:53Speaker 1: Democrat presidents, We've had whigs, we've had all kinds of folks.
- 1:03:56Speaker 1: Over the years. Our country has been, you know, a
- 1:04:00Speaker 1: obviously wildly successful republic. And apparently the bands that were
- 1:04:09Speaker 1: signed up to attend and play at this concert are
- 1:04:12Speaker 1: withdrawing from the event. Why because it's become a political thing.
- 1:04:16Speaker 1: And that's what I find disturbing about all this. So
- 1:04:22Speaker 1: after some of the bands quit, Donald Trump said he
- 1:04:25Speaker 1: himself will be headlining the event. And you know, I
- 1:04:30Speaker 1: don't have any problem with Donald Trump, necessarily. I do
- 1:04:32Speaker 1: have with some problem with some of the things he does,
- 1:04:34Speaker 1: and this happens to be one of them. It's he's
- 1:04:36Speaker 1: making it more about him than the country's celebration. Here's
- 1:04:40Speaker 1: what his post said, draw your own conclusions. I understand
- 1:04:42Speaker 1: artists are getting the yips having to do with their
- 1:04:45Speaker 1: performance on Wednesday. So I'm thinking about bringing the number
- 1:04:48Speaker 1: one attraction anywhere in the world, the man who gets
- 1:04:51Speaker 1: much larger audiences than Elvis in his prime, and he
- 1:04:55Speaker 1: does so without a guitar, the man who loves our
- 1:04:58Speaker 1: country more than anyone else, And the man who's some
- 1:05:00Speaker 1: say is the greatest president in the history, the goat
- 1:05:05Speaker 1: in all caps, Donald J. Trump, to take the place
- 1:05:09Speaker 1: of these highly paid third rate quote unquote artists and
- 1:05:14Speaker 1: give a major speech rallying the country forward like I
- 1:05:18Speaker 1: have done ever since being president close quote with an
- 1:05:20Speaker 1: exclamation point on the end. So I would like to
- 1:05:23Speaker 1: see the country united for the two hundred and fiftieth celebration.
- 1:05:27Speaker 1: I really wish this wasn't you know. Go ahead and
- 1:05:29Speaker 1: wish all you want, Thomas. It's not going to do
- 1:05:31Speaker 1: you a damn bit of good. But I don't think
- 1:05:35Speaker 1: the situation is helped by Donald Trump declaring himself to
- 1:05:41Speaker 1: be the headlining act and speaking of himself in such grand,
- 1:05:44Speaker 1: glorious terms. Perhaps maybe that's one of the reasons that
- 1:05:49Speaker 1: these acts have quit. And I'm so sad, Joe. You know,
- 1:05:54Speaker 1: we are no longer to be blessed with a performance
- 1:05:56Speaker 1: from Morris Day in the time, we're not going to
- 1:06:00Speaker 1: be hearing Young mc the commodores, Martina McBride, and Brett Michaels.
- 1:06:08Speaker 1: Do any of those names ring a bell to anybody anymore?
- 1:06:11Speaker 1: Or ever? Some are still participating, and I'm in a
- 1:06:19Speaker 1: loss on this one. Fab Morvin, Milli, Vanilli maybe just Millie.
- 1:06:28Speaker 1: Joe says well, no, Vanilla is dead, Vanilla Ice, CNC
- 1:06:41Speaker 1: Music Factory, and some rapper named Freedom Williams flow Rita.
- 1:06:46Speaker 1: They're still scheduled to perform. I and Donald Trump referred
- 1:06:51Speaker 1: to them as third rate artists. Well, maybe he is
- 1:06:53Speaker 1: onto something on that one. Six fifty six fifty five
- 1:06:56Speaker 1: KCD talk stations stick around a few minutes time before
- 1:06:59Speaker 1: we get to Vice my former vice Mayor of the
- 1:07:00Speaker 1: City of Cincinnati, Christopher Smith Smith event coming your way
- 1:07:04Speaker 1: at seven to twenty.
- 1:07:05Speaker 3: At the top of the hour.
- 1:07:07Speaker 1: Here the top store. It's a seven o five here
- 1:07:12Speaker 1: if if you've got ker CD talk station, let me
- 1:07:17Speaker 1: just correct the record here apologies. A SHAFFAXX credit Union
- 1:07:20Speaker 1: Shred event which the commercial set is on the sixth,
- 1:07:23Speaker 1: is on the thirteenth. I was originally given a copy
- 1:07:26Speaker 1: that had the erroneous date. It's the thirteenth. Apologies anybody
- 1:07:30Speaker 1: who wrote that down, and I apologize that that spot
- 1:07:34Speaker 1: wasn't was still in the system. So let's just make
- 1:07:36Speaker 1: sure the record is clear. It's a great thing. Get
- 1:07:38Speaker 1: all those confidential documents and take him on into one
- 1:07:41Speaker 1: of the Shaffacs locations on the thirteenth. So we'll see
- 1:07:44Speaker 1: if we can't get rid of that spot. We'll see
- 1:07:46Speaker 1: if we can't talk to Dan Reganold. God bless Dan
- 1:07:48Speaker 1: Reganold wasn't on the rundown this morning in oversight, but
- 1:07:51Speaker 1: he is there on the phone to talk about the
- 1:07:53Speaker 1: George Washington, the indispensable One. If you aren't familiar, Dan
- 1:07:57Speaker 1: Reganold is the man who's behind the empower You America
- 1:08:01Speaker 1: seminar series outstanding learning Opportunities that we've been Dan Reagan,
- 1:08:06Speaker 1: welcome back to the program. How many years has this
- 1:08:08Speaker 1: been going on? I've kind of lost track. I apologize.
- 1:08:10Speaker 1: Welcome back, my friend.
- 1:08:12Speaker 6: It's good to be with you, and it's going on.
- 1:08:14Speaker 2: This is our sixteenth year.
- 1:08:16Speaker 6: And I'm just so excited to have a chance tomorrow
- 1:08:20Speaker 6: night Tuesday too, as part of our America two fifty
- 1:08:23Speaker 6: series to talk about our first president, George Washington, the
- 1:08:27Speaker 6: one they called the Indispensable One, and I just can't
- 1:08:33Speaker 6: wait to kind of give a new look to this
- 1:08:35Speaker 6: first leader we had. I was up about five years ago.
- 1:08:40Speaker 6: I was up in northern Ohio visiting a Patriot group
- 1:08:43Speaker 6: up there at a friend at the end brought me
- 1:08:45Speaker 6: this book called The bullet Per. George Washington gave it
- 1:08:48Speaker 6: to me and he said, you got to read this
- 1:08:50Speaker 6: book because it's so important to the founding of the country.
- 1:08:53Speaker 6: And I read it, and I've been waiting to do
- 1:08:55Speaker 6: something with it ever since. And what better time to
- 1:08:58Speaker 6: talk about it than now.
- 1:08:59Speaker 1: Well now the two hundred fifteth Diniversity of our country,
- 1:09:02Speaker 1: which we're also celebrating on the fourth of June. If
- 1:09:05Speaker 1: you can go to Empoweroamerica dot org, not only can
- 1:09:07Speaker 1: you get the information about George Washington and the Indispensable One,
- 1:09:11Speaker 1: which has taking place tomorrow evening at seven pm, which
- 1:09:14Speaker 1: is typical of the empower of your classes, but also
- 1:09:16Speaker 1: the event on the fourth. We're having a serious fun
- 1:09:19Speaker 1: at Glendelle I see him, to celebrate America's two fiftieth.
- 1:09:23Speaker 6: Yeah, we got a big party that night with music,
- 1:09:25Speaker 6: some speeches from some friends that empower you over the
- 1:09:28Speaker 6: years about America and it's founding. And that's Thursday night,
- 1:09:32Speaker 6: and gosh, I hope to see so many friends. And
- 1:09:35Speaker 6: we've had a lot of people sign up comments free,
- 1:09:37Speaker 6: We've got food from the Works Pizza Group in Loveland,
- 1:09:42Speaker 6: and it's going to be a great night. So you
- 1:09:45Speaker 6: you were talking Brian about about how the things had
- 1:09:48Speaker 6: gotten off a little bit off track about America to
- 1:09:51Speaker 6: fifty with President Trump, And you know, the thing about Washington,
- 1:09:55Speaker 6: one of his most incredible leadership traits, and there were
- 1:09:58Speaker 6: many we'll talk about tomorrow night, was the fact he
- 1:10:00Speaker 6: was just so loved by so many people, and he
- 1:10:03Speaker 6: was a unifier and what he said about the United
- 1:10:06Speaker 6: States that that I'm always going to try to remember
- 1:10:09Speaker 6: that of the two words United States, it's the first one.
- 1:10:14Speaker 6: That's so that's the more important one. That we're united,
- 1:10:19Speaker 6: that we're unified. And what we'll talk about tomorrow night
- 1:10:21Speaker 6: is all the things he did to try to bring
- 1:10:24Speaker 6: the country together. The guy was incredible. At twenty three,
- 1:10:29Speaker 6: he joins General Braddock, a famed British general, to take
- 1:10:33Speaker 6: on the French up at up up around Pittsburgh. And
- 1:10:38Speaker 6: he's fighting with General Braddock every single British staff member
- 1:10:44Speaker 6: and leader is killed. This braddock at five horses are
- 1:10:48Speaker 6: shot out from under him, if you can believe him.
- 1:10:50Speaker 6: And who's left standing George Washington, twenty three years old.
- 1:10:57Speaker 2: And the leader.
- 1:10:59Speaker 6: And this guy is brave, he's courageous, and all of
- 1:11:03Speaker 6: a sudden, when that fight's over, he goes back to
- 1:11:07Speaker 6: just be a businessman at his home, and the British
- 1:11:12Speaker 6: start to impose taxes on us. We've got the Stamp Act,
- 1:11:15Speaker 6: the Townsend Act. And Washington never went to college and
- 1:11:19Speaker 6: was not really educated. He was always self conscious about that.
- 1:11:23Speaker 6: And he embarks with his friends George Mason and Patrick
- 1:11:27Speaker 6: Henry and he becomes really a leader. And all of
- 1:11:33Speaker 6: a sudden, John Adams says, you're going to be the
- 1:11:36Speaker 6: guy that leads the Revolutionary War. And it was just stunning.
- 1:11:40Speaker 6: Thirty three thousand British troops stroll into the United States
- 1:11:44Speaker 6: on July third, seventeen seventy six. Can you imagine what
- 1:11:48Speaker 6: that must.
- 1:11:48Speaker 1: Have looked like?
- 1:11:50Speaker 4: Oh?
- 1:11:50Speaker 1: I cannot.
- 1:11:51Speaker 6: Yeah, it's just stunning. And you know, we'll talk about
- 1:11:55Speaker 6: things like this incredible winner at Valley Forge in seventeen
- 1:11:59Speaker 6: seventy seven, and you know, all the horses that are dead,
- 1:12:04Speaker 6: the soldiers have no shoes, and the crossing of the Delaware,
- 1:12:09Speaker 6: and just how he got us through that the war.
- 1:12:14Speaker 6: When the first battle is it Long is in New York,
- 1:12:19Speaker 6: at Long Island and Washington. He was always he was
- 1:12:23Speaker 6: just such a strong leader. He decides to throw all
- 1:12:26Speaker 6: the chips, all fifteen thousand troops at the British in
- 1:12:32Speaker 6: New York on Long Island, and he just gets hammered,
- 1:12:35Speaker 6: and the British just just just take him up. And
- 1:12:39Speaker 6: it looked like the war could end on the first battle.
- 1:12:41Speaker 6: And it was only this group called the Maryland four
- 1:12:43Speaker 6: hundred that provided the backstop to get him and his troops,
- 1:12:46Speaker 6: to allow them to escape, or the war could have
- 1:12:49Speaker 6: been over and we could have been talking about just
- 1:12:52Speaker 6: just something entirely different, you know.
- 1:12:55Speaker 1: And it's I see that it is in the notes
- 1:12:58Speaker 1: under the class description says, I just want to let
- 1:13:01Speaker 1: you know that I independently thought of the whole concept
- 1:13:04Speaker 1: of divine intervention. When you think about everything that that
- 1:13:08Speaker 1: young man went through and ultimately became the first president
- 1:13:11Speaker 1: of the United States of America, was instrumental in the
- 1:13:13Speaker 1: formulation and the foundation of our country. It almost does
- 1:13:19Speaker 1: seem that there was something divine about it. How did
- 1:13:21Speaker 1: he was I mean, again, you point out in the
- 1:13:23Speaker 1: notes about him getting shot multiple times. Back then before
- 1:13:27Speaker 1: modern medicine, people died of infections all the time. How
- 1:13:31Speaker 1: was he able to manage get through that, get through
- 1:13:33Speaker 1: all of these battles. And I mean at twenty three,
- 1:13:35Speaker 1: no college education, no formal education, and yet found a country.
- 1:13:39Speaker 1: It's just it's seemingly divine interventions. Really.
- 1:13:45Speaker 2: Yeah.
- 1:13:46Speaker 6: One of the things I talk about tomorrow night was
- 1:13:48Speaker 6: was God behind the setting up of this incredible experiment
- 1:13:53Speaker 6: we have here the United States. I've got so many
- 1:13:56Speaker 6: cases we'll talk about tomorrow night of people that reported
- 1:13:59Speaker 6: Washington being shot so many times, and how he survived,
- 1:14:04Speaker 6: and how he began to think that this was something,
- 1:14:08Speaker 6: how this was something in God's hands. It puts a
- 1:14:11Speaker 6: whole new new look at the at the at the
- 1:14:14Speaker 6: founding of our country. And and this is one thing
- 1:14:17Speaker 6: that astounded me about Washington. So after we had had
- 1:14:22Speaker 6: had had won the war and we started talking about
- 1:14:25Speaker 6: the Constitution, Washington was just always self conscious that he
- 1:14:29Speaker 6: was not up to some of these other incredible cast
- 1:14:32Speaker 6: of characters. Ben Franklin, John Adams, Hamilton, Jefferson Madison, and
- 1:14:38Speaker 6: Washington goes to these people and he says, I need
- 1:14:41Speaker 6: you to put me through training sessions so that I
- 1:14:43Speaker 6: understand what this new government should look like. And Supreme
- 1:14:48Speaker 6: Court Judge John Jay and James Madison sit Washington down
- 1:14:53Speaker 6: and give him classes on why we needed three branches
- 1:14:56Speaker 6: of government, What would federalism look like, what would state?
- 1:15:01Speaker 6: What would the rights of the states be? And then
- 1:15:04Speaker 6: Washington begins to read the federalist papers to get a
- 1:15:07Speaker 6: better understanding, and Madison writes the Bill of Rights. I
- 1:15:10Speaker 6: mean this class tomorrow, and I hope you'll join us,
- 1:15:13Speaker 6: because we're going to go from a young Washington to
- 1:15:17Speaker 6: the Declaration to the Constitution, and I guarantee people that
- 1:15:23Speaker 6: they'll walk away with just a better understanding of the
- 1:15:27Speaker 6: start of these United States.
- 1:15:29Speaker 1: Yeah, and we all tend to complain about so much
- 1:15:32Speaker 1: these days, and I'm not happy about the price of gasoline,
- 1:15:34Speaker 1: but I mean, you consider the comparative pain and anguish
- 1:15:39Speaker 1: that you know, the folks and the troops at Valley
- 1:15:40Speaker 1: Forge went through in order to bring about this great nation.
- 1:15:43Speaker 1: What they they could have just packed up and walked off,
- 1:15:46Speaker 1: you know, I mean things were that miserable, and we
- 1:15:49Speaker 1: can't even manage to get through a small economic bump here.
- 1:15:52Speaker 1: I hate to lament that, especially since we're supposed to
- 1:15:54Speaker 1: be in a celebratory mood this two hundred and fifty
- 1:15:57Speaker 1: years and we're going to be doing that on Thursday.
- 1:15:59Speaker 1: I just I think more people should study history and
- 1:16:01Speaker 1: appreciate what they've got, because things were a hell of
- 1:16:04Speaker 1: a lot worse, and yet people managed to survive and persevere.
- 1:16:07Speaker 6: Dan, Yeah, you know Washington. He was a self aware guy.
- 1:16:11Speaker 6: He understood his role. So many people said to him
- 1:16:16Speaker 6: after the Revolutionary War, you're our next king. There's an
- 1:16:19Speaker 6: incredible quote from King George the Third that says Washington
- 1:16:24Speaker 6: is the leader that could be the next king. And
- 1:16:27Speaker 6: Washington understood that. He didn't want more power. He wanted
- 1:16:31Speaker 6: power to come up through through the people. And he
- 1:16:35Speaker 6: was a visionary in that respect. Brian, and you'll like
- 1:16:38Speaker 6: this that his number one thing that he spoke about,
- 1:16:41Speaker 6: and he talked to all these people, all these great
- 1:16:43Speaker 6: leaders about, was the number one thing we have to
- 1:16:47Speaker 6: do is not get this young country in another war.
- 1:16:51Speaker 6: For at least twenty years, the country just couldn't stand
- 1:16:55Speaker 6: it and that's about how long it was before the
- 1:16:57Speaker 6: next war happened, which was the War of eighteen twelve.
- 1:17:02Speaker 6: But he's quite quite a quite a leader, and I
- 1:17:05Speaker 6: can't wait to tell people about him tomorrow night.
- 1:17:09Speaker 1: Hey, you always do such a wonderful job when you
- 1:17:11Speaker 1: do the presentations, Dan Regueld, and I want to thank
- 1:17:13Speaker 1: you personally for doing empower for creating empower You and
- 1:17:16Speaker 1: offering these wonderful opportunities for folks. Had some fascinating speakers
- 1:17:20Speaker 1: over the years. My friend.
- 1:17:22Speaker 6: Yeah, and anybody who wants to join the class tomorrow
- 1:17:25Speaker 6: you can watch from home. It's virtual. It's also in
- 1:17:27Speaker 6: person if you want to. If you want to come
- 1:17:29Speaker 6: up to Scarlet Oaks, but just go to empower Youamerica
- 1:17:32Speaker 6: dot org. It's free.
- 1:17:34Speaker 1: We would love to have have you join us well
- 1:17:36Speaker 1: and show up on Thursday too. That's the Thursday start
- 1:17:39Speaker 1: time for the for the celebration two hundred fiftieth birthday
- 1:17:43Speaker 1: Celebration of America but also celebrating empower You is at
- 1:17:46Speaker 1: the Glendale I SEUIM. It begins at five point thirty
- 1:17:49Speaker 1: and I have the good fortune of being able to
- 1:17:51Speaker 1: speak a few words. I'm kind of going to facilitate.
- 1:17:54Speaker 1: Chris Monzelle is going to be there. The next guest
- 1:17:56Speaker 1: on the fifty five Carsey Morning Show, Christopher Smitheman will
- 1:17:59Speaker 1: be there, Mike Wilson taking us back to the tea
- 1:18:01Speaker 1: party days, and you're gonna have live music as well.
- 1:18:04Speaker 1: So it's going to be a fun time for.
- 1:18:06Speaker 6: All well and most of all, it's gonna be just
- 1:18:11Speaker 6: a fun time to see friends.
- 1:18:12Speaker 1: That's what it's all about. Fellowship is really the pinnacle
- 1:18:15Speaker 1: for me, but all these other benefits we're gonna get
- 1:18:18Speaker 1: for being there. That'll be five thirty Glendale I Seum
- 1:18:20Speaker 1: on Thursday, but make sure you at least register to
- 1:18:22Speaker 1: log in from home for the class on George Washington
- 1:18:24Speaker 1: tomorrow night. Easy to do empower You America dot org
- 1:18:27Speaker 1: or show up to see it in person at the
- 1:18:29Speaker 1: empower You Studios located at three hundred Great Oaks Drive
- 1:18:32Speaker 1: at Scarlett Oaks. Dan Reaganold for all the years you've
- 1:18:35Speaker 1: done this, and on a going forward basis, I guess,
- 1:18:38Speaker 1: since I know you are moving on to a new
- 1:18:39Speaker 1: chapter in your life in retirement, are you going to
- 1:18:41Speaker 1: continue to be involved in empower You? I know Doctor
- 1:18:44Speaker 1: j Rissover has agreed to step up to the plate
- 1:18:46Speaker 1: to some measure.
- 1:18:47Speaker 6: Yeah, well, doctor Risover, it's been my friend for twenty years.
- 1:18:51Speaker 6: We're going to continue to lead Empower You, hopefully for
- 1:18:54Speaker 6: many more years to come. We just love the mission,
- 1:18:58Speaker 6: which is to educate, enjoy, and engage and enjoy Thursday night,
- 1:19:02Speaker 6: That's what we're gonna be doing, Brian.
- 1:19:04Speaker 1: I'll be there to do that along with you. Dan
- 1:19:06Speaker 1: Reguld God bless you, sir. Look forward to seeing you
- 1:19:07Speaker 1: on Thursday. And of course I'm logging from home and
- 1:19:09Speaker 1: see you tomorrow night. Empower You America dot org. Take
- 1:19:13Speaker 1: care of my friend, best of health. Don't go away, folks.
- 1:19:16Speaker 1: He is waiting in the wings, former vice mayor of
- 1:19:18Speaker 1: the City of Cincinnati, coming up with a smither vane.
- 1:19:20Speaker 3: See the talk station.
- 1:19:23Speaker 1: Seven twenty two if you have a k CD talk station, Hey,
- 1:19:26Speaker 1: his name come up. When I was talking to Dan Reagan,
- 1:19:28Speaker 1: well about Thursday the Empower Youth Seminar to celebrate the
- 1:19:31Speaker 1: two hundred and fiftieth this Thursday, starting in five thirty,
- 1:19:34Speaker 1: be there at the Glende Elysium because you're gonna hear
- 1:19:35Speaker 1: from this man every Monday at this time. We get
- 1:19:38Speaker 1: to hear from the former Vice mayor of the City
- 1:19:39Speaker 1: of Cincinnati, Christopher Smitheman with a smither event. Christopher, it
- 1:19:43Speaker 1: is always a pleasure to have you on the show, sir.
- 1:19:46Speaker 2: Oh, thanks for having me on. Brian, you're the man,
- 1:19:49Speaker 2: and I of course have a lot to say today
- 1:19:52Speaker 2: about a lot of different topics, but let me start
- 1:19:55Speaker 2: with something that's a little sobering. It's historic and it
- 1:19:59Speaker 2: is a part of our American history, and that is
- 1:20:02Speaker 2: what we call the Tulsa Massacre. Right this what happened
- 1:20:07Speaker 2: one hundred and five years ago today in nineteen twenty one.
- 1:20:12Speaker 2: This was the Black American Wall Street of America. And
- 1:20:17Speaker 2: what happened there is a massacre of black men and
- 1:20:23Speaker 2: black women who had businesses and homes that were burned
- 1:20:27Speaker 2: down today by the ku kluks Klan, a terrorist organization.
- 1:20:33Speaker 6: A horrible, horrible.
- 1:20:35Speaker 2: Event that happened in American history. And let me share
- 1:20:38Speaker 2: with you, brother, is that a lot of Americans do
- 1:20:42Speaker 2: not know this history. And the reason is it's not
- 1:20:45Speaker 2: in those history books. So I'm asking everybody who's listening
- 1:20:50Speaker 2: who wants to learn and understand all the complete American
- 1:20:53Speaker 2: history and give a context of things that have happened
- 1:20:57Speaker 2: in our country, some good, some bad. This is something
- 1:21:01Speaker 2: that that happened that was bad. Is look into the
- 1:21:05Speaker 2: Tulsa massacre nineteen twenty one in Oklahoma. It was a
- 1:21:09Speaker 2: horrible situation. It was triggered supposedly by a young black
- 1:21:15Speaker 2: male who did something or said something to a white
- 1:21:19Speaker 2: female American. No one knows whether that happened or not.
- 1:21:24Speaker 2: They just know that the young man was hung and
- 1:21:27Speaker 2: after that, lots of people, lots of clan members showed up.
- 1:21:32Speaker 2: What was interesting in this fight is that black Americans
- 1:21:35Speaker 2: then had guns. They did fight back. They were shooting
- 1:21:40Speaker 2: back and forth until they got to the business district
- 1:21:45Speaker 2: where people kind of really didn't know what was happening,
- 1:21:47Speaker 2: and all of those businesses and many homes were absolutely
- 1:21:52Speaker 2: burned down in torture. It's a tragedy. There's one There
- 1:21:55Speaker 2: is one survivor still today living and a is Leslie
- 1:22:03Speaker 2: Benningfield Randall. And he didn't he's probably deep into her hundreds. Yeah,
- 1:22:13Speaker 2: she's she's a there's a sole survivor. Man. Anybody that
- 1:22:17Speaker 2: could ever get to her to interview her or look
- 1:22:19Speaker 2: her up and figure out what's happening, because they have
- 1:22:21Speaker 2: sued the federal government. They have sued the state. They've
- 1:22:25Speaker 2: been looking for justice for their loved ones, justice for
- 1:22:28Speaker 2: those business owners, justice for their property that was destroyed,
- 1:22:32Speaker 2: and at this point there's been no justice at all
- 1:22:35Speaker 2: for any of those These were some of the smartest
- 1:22:40Speaker 2: accomplished black business owners in the United States of America,
- 1:22:45Speaker 2: and that's why they called it the Wall Street, the
- 1:22:47Speaker 2: Black American Wall Street. And I'll conclude by saying this
- 1:22:52Speaker 2: to you on a personal note, my own family still
- 1:22:55Speaker 2: today owns property in that area, and so this this
- 1:22:59Speaker 2: touches my mom because she goes there annually. Matter of fact,
- 1:23:03Speaker 2: the family will be in Columbus this summer, and that
- 1:23:06Speaker 2: is really true. So this is a personal touch for
- 1:23:11Speaker 2: my mother, who is eighty seven years old and has
- 1:23:14Speaker 2: maintained property there and our family there for all of
- 1:23:19Speaker 2: those years, still to this day, and our family gets
- 1:23:22Speaker 2: together to deal with the commiseration of what happened there,
- 1:23:25Speaker 2: but also that our family still owns property in that area.
- 1:23:28Speaker 1: Well we'll bring that very furious. Yeah, And Jost Record
- 1:23:31Speaker 1: just chimed into my head said he said, there is
- 1:23:33Speaker 1: a documentary on this on Amazon, Amazon Prime or with
- 1:23:38Speaker 1: Amazon Prime. So I'm going to make a note to
- 1:23:40Speaker 1: myself on that and check it out when I get home,
- 1:23:42Speaker 1: because I have Amazon Prime. But I was not aware.
- 1:23:45Speaker 1: So it's time we raise some awareness. And that's what
- 1:23:46Speaker 1: we have you for. Christopher. Obviously a very important chapter
- 1:23:49Speaker 1: in history. And last time I checked the clan that
- 1:23:52Speaker 1: was Democrats, right y.
- 1:23:55Speaker 2: Yeah, we should have We should have mentioned that that
- 1:24:01Speaker 2: is really true, that it was the Dixiecrats that came
- 1:24:04Speaker 2: through and did all of that, murdering, all of that hanging,
- 1:24:09Speaker 2: no justice for any of those people even still to
- 1:24:12Speaker 2: this day. But that is absolutely the truth, and it
- 1:24:15Speaker 2: was a tragedy because these were really accomplished black American
- 1:24:20Speaker 2: business men and women. There's nothing like it. There's nothing
- 1:24:24Speaker 2: that has come back like it since then, from one
- 1:24:27Speaker 2: hundred and five years ago. And for all again, I
- 1:24:29Speaker 2: just want to conclude everybody listening, right, just take the
- 1:24:33Speaker 2: time learn about the Tulsa nineteen twenty one massacre that happened,
- 1:24:39Speaker 2: and it will open your eyes to a lot of things.
- 1:24:42Speaker 2: But you have to also ask yourself, why is this
- 1:24:45Speaker 2: not a party? It was just like in a nineteen
- 1:24:47Speaker 2: sixty seven or sixty five that certain the Tulsa in
- 1:24:51Speaker 2: that area, they are required to have it in their
- 1:24:53Speaker 2: history books, but it's still not a part of our
- 1:24:55Speaker 2: American history, and it really needs to be. And I committed.
- 1:24:58Speaker 2: I just wanted to commission rate it today because it
- 1:25:01Speaker 2: started on Memorial Day. It ended June the first today
- 1:25:05Speaker 2: with with with what they call the Tulsa Massacre of
- 1:25:09Speaker 2: nineteen twenty one. So I'm talking about it today because
- 1:25:12Speaker 2: it was happening today one hundred and five years ago.
- 1:25:14Speaker 1: Thank you for doing so, Christopher smithment We'll bring Christopher
- 1:25:17Speaker 1: back for more. Don't go away. I want to mention
- 1:25:19Speaker 1: Zimmer heating or cooling though, because they've been around. It's
- 1:25:22Speaker 1: Semmer thirty two. If afty got karc De talk station,
- 1:25:25Speaker 1: trying to make it a happy Monday if you can.
- 1:25:27Speaker 1: It's always happy to me because we can talk to
- 1:25:28Speaker 1: Christopher smithm and whatever's on his mind is a okay
- 1:25:31Speaker 1: with me. It's always important like that last topic for
- 1:25:33Speaker 1: me up there are you there, Christopher?
- 1:25:37Speaker 2: Yes, I'm here here.
- 1:25:39Speaker 1: I didn't know if that person in the background was
- 1:25:40Speaker 1: you talking. You were yelling at somebody. It's somebody else.
- 1:25:46Speaker 2: But thank you so much for giving me an opportunity
- 1:25:49Speaker 2: to talk about the Tulsa massacre, you know, but I
- 1:25:53Speaker 2: want to pivot to what is happening in the city,
- 1:25:57Speaker 2: and I'm gonna you'll see how I tie this together.
- 1:26:00Speaker 2: So you know, there's a thirty million dollar def that
- 1:26:03Speaker 2: thirty million dollar deficit, let's say it's thirty one, twenty nine,
- 1:26:07Speaker 2: thirty two million, whatever it is, it's big. And so
- 1:26:11Speaker 2: I'm a small business owner. There are a lot of
- 1:26:13Speaker 2: small business owners that are out there, okay, And we're
- 1:26:18Speaker 2: watching city Hall settle a case right after the election
- 1:26:23Speaker 2: eight point one million dollars for the people that were
- 1:26:27Speaker 2: downtown rioting. They then give a point one million to
- 1:26:32Speaker 2: some music mint venue right be right after the election
- 1:26:36Speaker 2: they sign a contract with MSUs Irish Roby for six
- 1:26:40Speaker 2: hundred and fifty thousand dollars. Right, and small business owners
- 1:26:44Speaker 2: out here which make up and drive the majority of
- 1:26:48Speaker 2: the tax receipts for the City of Cincinnati, not the
- 1:26:50Speaker 2: major corporations. There's all these small businesses collectively that we
- 1:26:54Speaker 2: send our taxes in. We get frustrated when we see
- 1:26:58Speaker 2: the City of Cincinnati from the outside looks like they're
- 1:27:02Speaker 2: just wasting our money, our taxpayers dollars. And so the
- 1:27:06Speaker 2: Iteam report into what's happening with this contract. There are
- 1:27:10Speaker 2: many facets to it, right, and I don't know the
- 1:27:13Speaker 2: facts because I haven't looked at her the balance sheet.
- 1:27:16Speaker 2: I have looked at the receipts that have been submitted.
- 1:27:20Speaker 2: The iteam is raising questions about things. Here's what we
- 1:27:24Speaker 2: do know. We know that the reporting of the information
- 1:27:28Speaker 2: to the city has not been accurate, meaning either not
- 1:27:31Speaker 2: being not providing the information, or the information isn't queer,
- 1:27:35Speaker 2: it's not accurate. And so we have to get to
- 1:27:38Speaker 2: the bottom of all of this with the contract to
- 1:27:41Speaker 2: understand if your children are working and you say that
- 1:27:45Speaker 2: that's legal, the city says that's legal because this is
- 1:27:48Speaker 2: a contractor it might be unethical, but they say it's legal.
- 1:27:53Speaker 2: We at least get to see the pay run, meaning
- 1:27:57Speaker 2: how many hours, what day did you work, where were
- 1:28:00Speaker 2: you when you worked it? And then this is what
- 1:28:02Speaker 2: I paid you meaning what's frustrating is we don't have
- 1:28:07Speaker 2: the transparency that is needed in the contract for you
- 1:28:11Speaker 2: and I and every citizen out here who's paying taxes.
- 1:28:14Speaker 2: And to those people who think that this conversation is
- 1:28:17Speaker 2: racist because someone is asking questions about taxpayer dollars, that
- 1:28:23Speaker 2: is absolutely absurd. Meaning once you start taking money from
- 1:28:28Speaker 2: the government, right and you become that entity, nonprofit or
- 1:28:34Speaker 2: that individual person, you are accountable to the tax payers
- 1:28:39Speaker 2: of that of that city, or that state, or that
- 1:28:42Speaker 2: federal government. That's what's missing. And so when the questions
- 1:28:45Speaker 2: are being asked and people get defensive, these aren't private dollars.
- 1:28:49Speaker 2: These are public dollars that are being passed to a
- 1:28:52Speaker 2: private person. And we have the right to know what
- 1:28:56Speaker 2: is ROI, which is the bigger picture. We have an
- 1:28:59Speaker 2: a We have a right to know who's getting paid.
- 1:29:02Speaker 2: All the employees that are getting paid, we get to know,
- 1:29:06Speaker 2: like the questions of how much, why they got paid.
- 1:29:09Speaker 2: If you're paying somebody sixty dollars an hour, we get
- 1:29:11Speaker 2: to know why you're paying somebody sixty dollars an hour,
- 1:29:13Speaker 2: what are those qualifications. That's what's so frustrating that the
- 1:29:17Speaker 2: people involved, when you go out on social media, they
- 1:29:21Speaker 2: immediately ran to their corner of race. This is about
- 1:29:25Speaker 2: talking about a black American. She's a great person. I'm
- 1:29:29Speaker 2: not questioning whether missus Irish Rollie has done wonderful things
- 1:29:34Speaker 2: for the city and for the region. That's not the conversation.
- 1:29:37Speaker 2: The conversation is if we passed over a million dollars
- 1:29:41Speaker 2: to this entity, what did we get for it? Who's
- 1:29:44Speaker 2: getting paid and provide the documentation to the city and
- 1:29:48Speaker 2: why does that raise so many eyebrows On the other side.
- 1:29:54Speaker 1: It's a legitimate question and also raises umbers. Wait a
- 1:29:56Speaker 1: second on anybody receiving this kind of money, any entity
- 1:30:00Speaker 1: adding money, regardless of who's running it or what color
- 1:30:02Speaker 1: skin they happen to be. We need accountability so our
- 1:30:05Speaker 1: taxpayer dollars have been followed, and more fundamentally, that the
- 1:30:08Speaker 1: money that's gone out to accomplish something that that's something
- 1:30:12Speaker 1: has at least been accomplished or steps have been done
- 1:30:15Speaker 1: to accomplish whatever goal they're being paid for. If you
- 1:30:17Speaker 1: don't have any oversight over that component, you have a
- 1:30:20Speaker 1: complete breakdown here. That you know, Christopher Smithman, as a
- 1:30:25Speaker 1: person of color, you are dear you must be tired
- 1:30:27Speaker 1: of hearing these allegations of racism, because you know what,
- 1:30:29Speaker 1: when real racism exists in the world, no one is
- 1:30:32Speaker 1: going to believe it. When someone starts trying to point
- 1:30:35Speaker 1: it out. The boy who cried Wolf, don't go away
- 1:30:37Speaker 1: more with Christopher Smithlman After I mentioned Gregory Lester the
- 1:30:40Speaker 1: Tree health surgeon still got those little deep talk station
- 1:30:47Speaker 1: seven point thirty nine here at fifty five Karseni talk station.
- 1:30:50Speaker 1: Christopher Smithman's on the phone here. You're talking about the
- 1:30:52Speaker 1: Irish early contract. The item did blow the lid off
- 1:30:55Speaker 1: of some of the problems we have on this. Todd
- 1:30:56Speaker 1: zens Or Citizen Watchdog, who's been following this as well,
- 1:30:59Speaker 1: to your point in the last segment, listen to some
- 1:31:02Speaker 1: of the he wrote up us whole series of questions
- 1:31:04Speaker 1: which anybody following Citizen Washdog on Facebook can read for themselves.
- 1:31:08Speaker 1: But a point number four, as Zenzer points out, Christopher,
- 1:31:12Speaker 1: the contracts required subcontract or approval requests to be submitted
- 1:31:17Speaker 1: prior to the commencement of work. Now, that would be
- 1:31:19Speaker 1: her sons who are subcontractors beneath Iris Roley. They were
- 1:31:22Speaker 1: retained to do some work on Government Square. That would
- 1:31:24Speaker 1: also include her husband, who owns a printing company, who
- 1:31:27Speaker 1: apparently was paid to print some T shirts up for
- 1:31:29Speaker 1: folks to be identifiable, and their work for the work
- 1:31:32Speaker 1: on Government Square. Anyway, Zenser says that was not followed
- 1:31:36Speaker 1: the request and the city stated that it waived the requirements.
- 1:31:41Speaker 1: Todd asks properly. How is the waiver done? Who approved
- 1:31:45Speaker 1: the waiver? Also, the city spokesperson responded to a question
- 1:31:48Speaker 1: about payments to subcontractors. She said that, quote, we would
- 1:31:52Speaker 1: not maintain that information close quote. In fact, the contract
- 1:31:57Speaker 1: requires the reports of all payments to subcontract just be
- 1:32:00Speaker 1: fouled with the city on the fifteenth day of each month.
- 1:32:03Speaker 1: Interesting absence of documentation, Chris three, you can't find out
- 1:32:06Speaker 1: what's going out the door.
- 1:32:07Speaker 2: Even Yeah, that's a problem. Let me just get one
- 1:32:10Speaker 2: little know Jesse Rowley, which is mister Jesse rely missus
- 1:32:15Speaker 2: Rowley's husband. I've used their business to solid business. I've
- 1:32:19Speaker 2: used it. It had to be fifteen twenty years ago.
- 1:32:22Speaker 2: But that's not the point.
- 1:32:23Speaker 3: Right, No, no, no, I just want to highlight.
- 1:32:25Speaker 2: That that is a legitimate business. The point is what
- 1:32:29Speaker 2: Todd Zenzer is highlighting is that they're not following the
- 1:32:32Speaker 2: process whatever that is outlined. And why aren't they following
- 1:32:36Speaker 2: that process? And when they go outside of it? Who
- 1:32:39Speaker 2: is allowing that to happen? Like who's saying what government official?
- 1:32:44Speaker 2: Is it the mayor, is it the board of trustees
- 1:32:46Speaker 2: or is it the city managers? Arbitrarily going Hey, this
- 1:32:50Speaker 2: soul contractor. You don't have to follow any of the rules.
- 1:32:53Speaker 2: You just report to me, and you don't even have
- 1:32:56Speaker 2: to give us invoices. And that's why things are so
- 1:32:58Speaker 2: hairy right now. But also made it not look good
- 1:33:02Speaker 2: is the signing of the contract right after the election,
- 1:33:05Speaker 2: right because we know if you talked to Corey Bowman,
- 1:33:08Speaker 2: who was running for mayor, he would tell you that
- 1:33:11Speaker 2: missus Rowley would show up to some of his political
- 1:33:14Speaker 2: events and ask him very loud questions. They didn't have
- 1:33:19Speaker 2: to be sensical questions, but there she was in exercising
- 1:33:23Speaker 2: her first Amendment right fighting for the current mayor. That
- 1:33:27Speaker 2: to me was a concerning thing during the election, and
- 1:33:30Speaker 2: so right after the election, the city manager signing this
- 1:33:33Speaker 2: contract to me is problematic if we had a functioning
- 1:33:37Speaker 2: city council. But the chair of Budget and Finance, and
- 1:33:39Speaker 2: by the way, i am the former vice mayor of
- 1:33:42Speaker 2: the city and I've served on most, if not every
- 1:33:45Speaker 2: committee that the City of Cincinnati has ever had, And
- 1:33:48Speaker 2: so if we were serving right now and you had
- 1:33:50Speaker 2: a functioning council, the Chair of Budget and Finance would say,
- 1:33:54Speaker 2: let's bring in the contractor, let's bring in the city manager.
- 1:33:58Speaker 2: And ask them some questions at least to bring the
- 1:34:01Speaker 2: contract into compliance at a bare minimum, But then ask
- 1:34:05Speaker 2: the questions about whether you're is it really true that
- 1:34:08Speaker 2: you've hired your your sons to work for you? And
- 1:34:11Speaker 2: if you have, what are they doing for you? What
- 1:34:14Speaker 2: are the hours, where are they working, what are the
- 1:34:17Speaker 2: time whatever? It is so that everybody in the city
- 1:34:20Speaker 2: has a picture of how their dollars are being spent.
- 1:34:23Speaker 2: You just can't keep running behind, Oh, this is a
- 1:34:25Speaker 2: ten ninety nine contractor, and therefore this person it doesn't
- 1:34:29Speaker 2: have to follow any of the rules of the city,
- 1:34:32Speaker 2: the state, or the federal government. That doesn't make any sense.
- 1:34:35Speaker 1: It doesn't in rules that quite often are in place
- 1:34:37Speaker 1: to make sure that we get the best return on
- 1:34:39Speaker 1: our taxpayer dollar investment. For example, I am not criticizing
- 1:34:42Speaker 1: Irish Rolli's printing company, her husband's printing company. Was anybody
- 1:34:47Speaker 1: else given the opportunity to do the work? Is there
- 1:34:49Speaker 1: another printing company out there who could do equal, if
- 1:34:52Speaker 1: not better work, or maybe equal work for less money.
- 1:34:55Speaker 1: There's a thought. Same thing goes with their sons. Are
- 1:34:58Speaker 1: they qualified to do the work that they were doing
- 1:35:00Speaker 1: on government square? Apparently, since we don't know what the
- 1:35:03Speaker 1: work is they were doing on government square. We don't
- 1:35:05Speaker 1: know whether they were qualified to do it in the
- 1:35:06Speaker 1: first place. But was that an open position that was posted.
- 1:35:09Speaker 1: Because she's a subcontractor, she doesn't have to go through
- 1:35:11Speaker 1: normal channels and post open jaw job openings. I mean,
- 1:35:15Speaker 1: this is why it's also screwed up, because there's no
- 1:35:19Speaker 1: accountability and she apparently gets to do whatever she wants.
- 1:35:23Speaker 1: And of course it does look unethical for her to
- 1:35:26Speaker 1: be hiring a bunch of family members to do work, right, right, I.
- 1:35:30Speaker 2: Agree, And let me also say that it's this ties
- 1:35:34Speaker 2: right into mayor the mayor's public conversation about raising our
- 1:35:37Speaker 2: taxes in November, meaning the boldness of him to say,
- 1:35:41Speaker 2: now we want to raise taxes when we are not
- 1:35:44Speaker 2: confident that the money that you currently have that you're
- 1:35:47Speaker 2: managing it properly. So I just can't see him raising
- 1:35:51Speaker 2: our income tax and citizens in Cincinnati across our fifty
- 1:35:54Speaker 2: two neighborhood and say yeah, let's go ahead and do that.
- 1:35:56Speaker 2: Our property taxes are too high. I already think the
- 1:36:00Speaker 2: come Pact is too high, and there is no way
- 1:36:02Speaker 2: that someone would support that. But it's the boldness of it.
- 1:36:05Speaker 2: And let me just pivot here because all of this
- 1:36:07Speaker 2: is connected to the team takeovers. Maybe when we come.
- 1:36:11Speaker 1: Back, yeah let's want to Yeah, let's do that.
- 1:36:14Speaker 2: But this is this is all connected as this weather
- 1:36:17Speaker 2: warms up and we know we're going to have some
- 1:36:20Speaker 2: of that behavior that we're seeing nationally play out right
- 1:36:23Speaker 2: here in the city of Cincinnati.
- 1:36:25Speaker 1: Christopher Smithman will connect the dots on that one. Don't
- 1:36:28Speaker 1: be eight fifty five gir C DE Talk station. Christopher
- 1:36:30Speaker 1: Smithman join the smith Event. We're gonna get the money, buddy,
- 1:36:33Speaker 1: Brian James. At the top of the art, news and
- 1:36:35Speaker 1: concerns about the national dead percolating and growing for legitimate reasons. Christopher,
- 1:36:40Speaker 1: you were going to explain how you connect all this
- 1:36:41Speaker 1: with the street team takeovers.
- 1:36:45Speaker 2: Yeah, what we have now are these team takeovers that
- 1:36:48Speaker 2: we're seeing across the country. And I spoke about it
- 1:36:51Speaker 2: last week. The difference was we were going through a
- 1:36:53Speaker 2: real rainy season and a very cool season, and now
- 1:36:57Speaker 2: we're moving into a warm season and we know that
- 1:37:00Speaker 2: things are going to change. We know that unfortunately, crime
- 1:37:03Speaker 2: ticks up the warmer it gets, the weather turns nice,
- 1:37:06Speaker 2: people are out and they're interacting. And my fear is
- 1:37:10Speaker 2: that yet again that this council and this mayor have
- 1:37:14Speaker 2: not put together a plan. And missus irish rolely is
- 1:37:18Speaker 2: a part of that plan, meaning that we're paying a
- 1:37:21Speaker 2: lot of money to have people do a lot of things.
- 1:37:23Speaker 2: But the question is what are they doing? What is
- 1:37:25Speaker 2: that comprehensive plan? And so if all of a sudden
- 1:37:28Speaker 2: the students got out last week from Cincinnati Public and
- 1:37:31Speaker 2: now there are free today right meaning free meaning they're
- 1:37:35Speaker 2: not going to school, we now need to know what
- 1:37:38Speaker 2: is that curfew, what is that plan? What is going
- 1:37:41Speaker 2: to happen? And if we see what happened at the
- 1:37:43Speaker 2: opening day parade, if we see what happened for example
- 1:37:45Speaker 2: in Price Hill at Price Hill, Chile, the team takeover
- 1:37:49Speaker 2: that happened there, that we know that these things are
- 1:37:51Speaker 2: going to happen. And where not just where are the parents,
- 1:37:55Speaker 2: but where is city hall on holding those parents accountable
- 1:37:59Speaker 2: if they don't know where they're twelve or thirteen or
- 1:38:01Speaker 2: fourteen year old is at twelve midnight, two o'clock in
- 1:38:04Speaker 2: the morning, nine o'clock at night downtown in our Dora
- 1:38:08Speaker 2: on the banks with a gun, are not having a
- 1:38:11Speaker 2: gun no matter what. I want our officers to be empowered,
- 1:38:15Speaker 2: Brian Thomas, to walk up and be able to ask questions.
- 1:38:18Speaker 2: I'm looking at a young person. It's twelve o'clock at night.
- 1:38:22Speaker 2: I know what o curfew is. I get to ask you,
- 1:38:25Speaker 2: where are you? Where's your identification? And that is not racist.
- 1:38:30Speaker 2: It is okay for our officers to engage in proactive
- 1:38:34Speaker 2: policing in this city. And if we don't do it,
- 1:38:36Speaker 2: Brian Thomas, the teams are going to start running our
- 1:38:39Speaker 2: city like you see them running parts of Detroit, like
- 1:38:42Speaker 2: you see them running running parts of la like you
- 1:38:45Speaker 2: see them running parts of whatever liberal city you want
- 1:38:48Speaker 2: to see in America. And I want to tie this
- 1:38:51Speaker 2: directly to the gubernatorial race in Ohio when I am
- 1:38:55Speaker 2: clearly supporting the vek Ramaswami, because this is that last
- 1:38:59Speaker 2: thing I don't want to wake up. And our state
- 1:39:03Speaker 2: of Ohio is now run by Democrats. Meaning if we've
- 1:39:05Speaker 2: got the Democrats running the state, they're running every county,
- 1:39:08Speaker 2: they're running every city government. That will be the end
- 1:39:11Speaker 2: of Ohio. And that is not an exaggeration. We've got
- 1:39:15Speaker 2: to have somebody in some administration at the top that
- 1:39:19Speaker 2: says No, this is where we're drawing a line in
- 1:39:22Speaker 2: the sands. We're not gonna tolerate this level of violence.
- 1:39:25Speaker 2: We're gonna demand higher and better education for our children.
- 1:39:29Speaker 2: We're gonna make jobs as a top priority, whatever, We're
- 1:39:32Speaker 2: gonna try to lower taxes, all of those things is
- 1:39:35Speaker 2: what I want to hear coming from the state. I
- 1:39:38Speaker 2: am so concerned that this race is even close, and
- 1:39:41Speaker 2: it is directly tied to what we see these team takeovers,
- 1:39:44Speaker 2: whether they're happening in Cincinnati, whether they're happening in Columbus,
- 1:39:48Speaker 2: whether they're happening in Toledo, or whether they're happening in
- 1:39:50Speaker 2: Cleveland as examples. We must have a zero tolerance Brian Thomas,
- 1:39:56Speaker 2: making sure that every parent out here knows where their
- 1:39:59Speaker 2: children and are. And we the government and we the
- 1:40:02Speaker 2: people are not responsible for your teenager. You're supposed to
- 1:40:06Speaker 2: know where that teenager is, and we should be able
- 1:40:08Speaker 2: to hold a parent accountable if we do not, if
- 1:40:11Speaker 2: they're not handling their business.
- 1:40:13Speaker 1: Well, you know, just to hear this and recognizing, you know,
- 1:40:17Speaker 1: as a parent who loves his children, that we need
- 1:40:21Speaker 1: to bring about law enforcement in the law and the
- 1:40:24Speaker 1: prosecutor's office to hold parents accountable because they don't care
- 1:40:28Speaker 1: enough to know where their kids are. I mean, talk
- 1:40:31Speaker 1: about a sorry state of affairs.
- 1:40:35Speaker 2: It's where our family structures are only in America. And
- 1:40:39Speaker 2: let me let me share with you people who travel here,
- 1:40:43Speaker 2: immigrants who travel here, and they're watching this and they're
- 1:40:45Speaker 2: trying to come in. They see it. They understand, they
- 1:40:48Speaker 2: see the breakdown in the American family because their families
- 1:40:51Speaker 2: are intact. The bottom line for everybody to understand is
- 1:40:55Speaker 2: this is not the job of our government. Our job
- 1:40:58Speaker 2: is to enforce the laws, not to they me sit
- 1:41:00Speaker 2: people's children. And so City Hall has this mindset of
- 1:41:04Speaker 2: we want to defund the police. The police are bad,
- 1:41:07Speaker 2: ice is bad anything related to the government. Our judges
- 1:41:10Speaker 2: are letting bad people out with very low bonds or
- 1:41:15Speaker 2: box even when they have a gun. The reality is
- 1:41:18Speaker 2: we must I'm going back to the vek Ramaswami. We
- 1:41:22Speaker 2: must elect him as the next governor. And my last
- 1:41:25Speaker 2: point is this is why we rolled out that petition,
- 1:41:28Speaker 2: Brian Thomas, because we also have a city manager that
- 1:41:32Speaker 2: fired the police chief, fired the fire chief, and those decisions.
- 1:41:36Speaker 2: The fire chief's decision is coming in June most likely
- 1:41:39Speaker 2: we're going to know right here where Chief Washington stands,
- 1:41:42Speaker 2: this is the city's last stand, their last appeal. They're
- 1:41:46Speaker 2: either going to have to settle the case or put
- 1:41:48Speaker 2: twelve in the box. They don't want twelve in the box,
- 1:41:51Speaker 2: Brian Thomas, because the lower court has already told him,
- 1:41:54Speaker 2: you brought me a blank sheet of paper. I am
- 1:41:56Speaker 2: not exaggerating to the public. There was no reason to
- 1:42:00Speaker 2: fire Chief Washington. There was no cause of why the
- 1:42:04Speaker 2: city manager did it. And that is the creation of
- 1:42:06Speaker 2: our petition and why we're out here petitioning our government
- 1:42:10Speaker 2: saying come and sign the petition so that we get
- 1:42:13Speaker 2: accountability in our government and specific really the bottom line.
- 1:42:16Speaker 1: Of it and Christopher's petition will require seven council members
- 1:42:20Speaker 1: to be responsible for the hiring and firing decisions. I
- 1:42:23Speaker 1: got that right, Christopher, you got it right. Okay, you've
- 1:42:26Speaker 1: got it right, brother.
- 1:42:27Speaker 2: And it was wild to hear the mayor say, man,
- 1:42:29Speaker 2: this petition is going to make things more political talking
- 1:42:32Speaker 2: about what we just found out from Chief Fiji is
- 1:42:37Speaker 2: that the mayor has been in the room for every
- 1:42:39Speaker 2: one of these decisions, denying the ing Governor, Mike DeWine
- 1:42:44Speaker 2: to bring his assets in here to help remediate crime.
- 1:42:47Speaker 2: The mayor is at the table, Irish Rowley is at
- 1:42:50Speaker 2: the table. There are some other members of council that
- 1:42:53Speaker 2: are at the table. The bottom line is that politics
- 1:42:56Speaker 2: are already here. What we want is a board of
- 1:42:59Speaker 2: trustees call city Council to be able to say, hey,
- 1:43:02Speaker 2: City manager, why are you deciding to fire the fire chief?
- 1:43:05Speaker 2: Because if that simple question was asked, we would not
- 1:43:09Speaker 2: be where we are right now. We would not be
- 1:43:11Speaker 2: facing a five to ten million dollar settlement to Chief
- 1:43:14Speaker 2: Washington or a five or ten million dollar settlement to
- 1:43:17Speaker 2: Chief Digi. That's why we have the petition. That's why
- 1:43:20Speaker 2: it exists. And all of this is connected the contract
- 1:43:23Speaker 2: with Missus Irish Rowley, the lack of accountability there them
- 1:43:26Speaker 2: spending money over here to settle cases with people that
- 1:43:29Speaker 2: were downtown rioting, or the eight million they did for
- 1:43:32Speaker 2: the music venue. Rational citizens in Cincinnati don't understand this stuff.
- 1:43:37Speaker 1: No, but you know, if council was required to engage
- 1:43:40Speaker 1: on this, and most notedly in the case of Chief Washington,
- 1:43:43Speaker 1: at least one of them would have raised their hands
- 1:43:46Speaker 1: and say, do we have a reason to fire the chief?
- 1:43:51Speaker 1: The answer would have been no, in which case they
- 1:43:53Speaker 1: could have gotten seven votes to fire them. Right, yeah, exactly,
- 1:43:56Speaker 1: And that one question would have saved these city taxpayers
- 1:43:59Speaker 1: a lot of money because they're going to write a
- 1:44:01Speaker 1: big check.
- 1:44:01Speaker 2: Out of money. Do you think that our good friend
- 1:44:04Speaker 2: Jim Keefer, if he were on council would not have
- 1:44:07Speaker 2: raised his hands west side Jim and would have said,
- 1:44:10Speaker 2: can you explain to me why why you're terminating the
- 1:44:14Speaker 2: fire chief city manager? He would have asked that basic question.
- 1:44:18Speaker 2: What we're lacking down there? Are just electing normal, rational
- 1:44:23Speaker 2: people with common sense. I would vote for Jim Keefer
- 1:44:26Speaker 2: or city council. And I'm gonna let you know, brother,
- 1:44:28Speaker 2: we've got it in this next election. In a year,
- 1:44:31Speaker 2: we've got to come back to this. My name will
- 1:44:33Speaker 2: not be on the ballot, but we've got to come
- 1:44:36Speaker 2: back there and make sure that we get somebody on
- 1:44:39Speaker 2: city Council that is willing to ask the basic questions
- 1:44:42Speaker 2: about transparency. We just can't go another two years like this.
- 1:44:46Speaker 1: Well speculate I will, but I would think even Kramerton
- 1:44:48Speaker 1: would have raised his hand and asked that simple question.
- 1:44:50Speaker 1: He seems to be reasonable along some levels, Christopher, is
- 1:44:53Speaker 1: your petitions to sign still still a Jim and Jackson
- 1:44:56Speaker 1: the River. I mean, I guess where where might my
- 1:44:58Speaker 1: city residents find that petition?
- 1:45:01Speaker 2: They can come to Jim and Jack's Tuesday through Sunday decided,
- 1:45:05Speaker 2: they can go to Dave Backer Auto on the west side.
- 1:45:08Speaker 2: They can set Jim Keefer on west side. Jim he
- 1:45:12Speaker 2: has a petition, And there'll be a lot of different
- 1:45:14Speaker 2: people each each time I come on, I'll identify another
- 1:45:17Speaker 2: person in your community. The people on the in Sailor
- 1:45:20Speaker 2: Park have the petition. They'll be circulating there. So there
- 1:45:24Speaker 2: are a lot of people that will have that petition.
- 1:45:26Speaker 2: It just takes time to get two or three hundred
- 1:45:28Speaker 2: petitions in people's hands to collect the signatures at the
- 1:45:32Speaker 2: end of the day. Please citizens think about this when
- 1:45:35Speaker 2: it gets on the November ballot, because we already know
- 1:45:37Speaker 2: the Democratic Party is going to tell you not to
- 1:45:40Speaker 2: vote for it, just like they told you to vote
- 1:45:42Speaker 2: to sell our railroad. They're going to tell you not
- 1:45:45Speaker 2: to vote for this transparency legislation that we're petitioning the government.
- 1:45:50Speaker 2: So don't get your pink slip or your blueset, whatever
- 1:45:53Speaker 2: it is, and it says vote no on this. You
- 1:45:55Speaker 2: should be voting yes to make sure the city manager
- 1:45:58Speaker 2: has accountability in the termination of our top two people
- 1:46:02Speaker 2: in the city, our executives, police chief and Fire Chief
- 1:46:06Speaker 2: Chanks Brian Thomas.
- 1:46:07Speaker 1: Next week, brother, look see you on Thursday for the
- 1:46:10Speaker 1: Empower Youth Seminar at Glendale Glass Seem five thirty. We're
- 1:46:14Speaker 1: all going to be there to celebrate tw hundred and
- 1:46:15Speaker 1: fifty years of America. And here's some great speeches, including
- 1:46:17Speaker 1: Christopher Smith, and we'll talk soon. Christopher. Have a great
- 1:46:20Speaker 1: day and thanks for your passion. Don't go away. Money Monday,
- 1:46:23Speaker 1: Brian James. Right off the top of the hour news,
- 1:46:26Speaker 1: we put the app in happening all ladies.
- 1:46:30Speaker 3: First show, it's.
- 1:46:33Speaker 1: ETO five right now fifty five care CD talk station
- 1:46:36Speaker 1: by Timas wishing everyone a very happy Monday. Try to
- 1:46:38Speaker 1: make it so anyway, now's the time we get to
- 1:46:41Speaker 1: learn about money managers. All were financials. Brian James joins
- 1:46:43Speaker 1: the program every Monday at this time, talk about well
- 1:46:46Speaker 1: Money Monday and Brian James, welcome back, my friend. I
- 1:46:49Speaker 1: hope you had a wonderful weekend and I was just
- 1:46:51Speaker 1: pondering what was going on in this Wall Street Bulls
- 1:46:55Speaker 1: bet Us Docks rallible to five. Bubble fears. Everybody's concerned
- 1:46:58Speaker 1: about a bubble because the markets keep going up. I
- 1:46:59Speaker 1: noted the SMP had eleven highs in the month of
- 1:47:03Speaker 1: May alone. It's up eleven percent for the year. Tech
- 1:47:06Speaker 1: stocks apparently doing really well, up sixteen percent over the NASDAC.
- 1:47:11Speaker 1: And this is all and correct me if I'm wrong.
- 1:47:13Speaker 1: I'm boiling it down to a finer point, which is
- 1:47:15Speaker 1: this is all AI driven trades and increases. It's one
- 1:47:22Speaker 1: and I said Nick niche sector, it's but all AI
- 1:47:25Speaker 1: related gains. But these analysts in the article are suggesting
- 1:47:30Speaker 1: it's going to continue for some time into the future.
- 1:47:33Speaker 1: I struggle to deal with that, and I keep thinking
- 1:47:35Speaker 1: about the bubble bursting, which I think is the concern
- 1:47:38Speaker 1: people have. Welcome back, my friend, break this down for
- 1:47:41Speaker 1: novices like me, please.
- 1:47:43Speaker 7: Well, thank you again for the opportunity to talk with
- 1:47:46Speaker 7: you and your listeners. And the first thing I'd point
- 1:47:48Speaker 7: out is, I mean, first of all, let's all let
- 1:47:50Speaker 7: go of the notion that we're ever going to time
- 1:47:51Speaker 7: the market, and that's really not what we're talking about here.
- 1:47:54Speaker 7: We're just kind of looking for the what should we expect?
- 1:47:56Speaker 7: How do I brace myself if something does happen and
- 1:47:58Speaker 7: the thing I'd throw out there. Brian and I talked
- 1:48:00Speaker 7: about a bubble a year ago, we talked about it
- 1:48:02Speaker 7: two years ago. This is what it feels like when
- 1:48:05Speaker 7: the market does go on a run, and in which
- 1:48:08Speaker 7: we have been on basically since twenty twenty two. We've
- 1:48:11Speaker 7: had our hiccups. The past two aprils have been bumpy
- 1:48:13Speaker 7: with we first learned what tariffs were like again, we
- 1:48:17Speaker 7: all started talking about the holly smooth tariff and remembering
- 1:48:20Speaker 7: the Ferris Bueller movie back a couple of aprils ago,
- 1:48:23Speaker 7: and then this past April, it was the Iran war
- 1:48:26Speaker 7: that rattled the market pretty significantly. But you know, yes,
- 1:48:29Speaker 7: so we are seeing this type of this. I don't
- 1:48:32Speaker 7: want to call it a bubble because you know, it's
- 1:48:34Speaker 7: not a bubble until it is. Just because there is
- 1:48:37Speaker 7: an industry out there that is that is driving things
- 1:48:40Speaker 7: doesn't necessarily mean that the end is near. Are we
- 1:48:43Speaker 7: going to run on this forever? Of course, not everybody
- 1:48:45Speaker 7: knows that. So it's not really about the is this
- 1:48:47Speaker 7: an accident? Is this not profitable? Is this some kind
- 1:48:50Speaker 7: of a some kind of a scam? Noo, It's more
- 1:48:52Speaker 7: about how long can it last before people take a breath. So,
- 1:48:55Speaker 7: the S and P five hundred has repeatedly hit record
- 1:48:58Speaker 7: highs in twenty twenty six, the Nasdaq has still significantly
- 1:49:01Speaker 7: outperformed thanks to AI related stocks. Now, let's remember, as
- 1:49:04Speaker 7: we always talk about, the S and P five hundred
- 1:49:06Speaker 7: is consistent. It does consist of a lot of major
- 1:49:09Speaker 7: technology companies. You name a big tech company, it's in
- 1:49:12Speaker 7: the S and P five hundred. But that's not all
- 1:49:14Speaker 7: it is. So if we were saying only the Nasdaq
- 1:49:17Speaker 7: was outperforming, the S and P five hundred is kind
- 1:49:19Speaker 7: of petering along and not really doing very much, that
- 1:49:21Speaker 7: would be a different situation. But the S and P
- 1:49:23Speaker 7: five hundred, while it is driven very much so by
- 1:49:26Speaker 7: technology stocks, that's not the only thing that's happening out
- 1:49:28Speaker 7: there very much. You know, the semiconductor companies are at
- 1:49:31Speaker 7: the middle of all this. You know, even the for example,
- 1:49:34Speaker 7: the Philadelphia Semiconductor Index has served more than eighty percent
- 1:49:37Speaker 7: this year, and you've got several chip makers of course
- 1:49:39Speaker 7: posting these enormous gains. But you know, so we're still
- 1:49:43Speaker 7: seeing good things from the big brains out there. Goldman Sacks,
- 1:49:46Speaker 7: Morgan Stanley other major firms like this have raised their
- 1:49:49Speaker 7: year end s and P five hundred targets, and they're
- 1:49:52Speaker 7: simply saying that earnings growth does justify these higher valuations.
- 1:49:55Speaker 7: Those are just opinions as much as anybody else's, but
- 1:49:58Speaker 7: there's still some pretty significant opinions of it.
- 1:50:00Speaker 1: Now, quick question I get too, Actually two questions for
- 1:50:02Speaker 1: a first off, in connection with the SMP. Let's look
- 1:50:04Speaker 1: at that. Just for example, if you took out the
- 1:50:09Speaker 1: AI related businesses and looked at what's left within the
- 1:50:13Speaker 1: s and P five hundred, would it still be up?
- 1:50:15Speaker 1: I mean maybe not as much, of course, with all
- 1:50:17Speaker 1: these records driven by AI, But would it still be
- 1:50:19Speaker 1: up in other sectors? Because really, when you're talking AI,
- 1:50:21Speaker 1: while you are talking about different components within AI, it's
- 1:50:25Speaker 1: still a sector. So what about all the other sectors
- 1:50:28Speaker 1: involved in our economy?
- 1:50:30Speaker 3: Generally up?
- 1:50:30Speaker 7: Not nearly as much, right, because we're a technology country,
- 1:50:33Speaker 7: we're a technology world nowadays. So but of course there
- 1:50:37Speaker 7: are other industries out there doing well. And remember what
- 1:50:39Speaker 7: AI is. This is not AI for the sake of AI, right,
- 1:50:42Speaker 7: I'm thinking back to the original Internet boom when a
- 1:50:45Speaker 7: lot of those companies were kind of for the sake
- 1:50:47Speaker 7: of themselves. You know, we companies that kind of came
- 1:50:50Speaker 7: into existence out of nowhere and just we're we're the Internet.
- 1:50:54Speaker 3: This is a little bit different.
- 1:50:56Speaker 7: AI is a tool that any industry can use to
- 1:50:58Speaker 7: make itself more efficient. That it's the reason for this
- 1:51:00Speaker 7: that's really driving two things. It's driving the performance out
- 1:51:03Speaker 7: of the semiconductor industry. Who are the people of the
- 1:51:06Speaker 7: organizations that can deliver this type of technology in the
- 1:51:08Speaker 7: first place. It's also driving efficiencies in just about any
- 1:51:11Speaker 7: industry you can name that if we're with companies that
- 1:51:14Speaker 7: have been willing to explore it, so that this is
- 1:51:16Speaker 7: more of an infrastructural kind of a broad based opportunity
- 1:51:20Speaker 7: for lots of industries to benefit from it. So it's
- 1:51:22Speaker 7: kind what we're seeing the S and P five hundred.
- 1:51:23Speaker 1: Kind of like the highway system we all benefit from
- 1:51:26Speaker 1: because there's off ramps and on rans we can get
- 1:51:28Speaker 1: goods and services efficiently back and forth. AI basically streamlines
- 1:51:32Speaker 1: business models that allows them to accomplish more with fewer dollars.
- 1:51:36Speaker 3: That's exactly right.
- 1:51:37Speaker 7: That's the point, right, this is, you know, this is
- 1:51:39Speaker 7: the infrastructure of what business will be like over the
- 1:51:42Speaker 7: next you know, however, many decades until we come with
- 1:51:44Speaker 7: a better idea.
- 1:51:45Speaker 1: Right now, that's a good pivot point for my next question,
- 1:51:47Speaker 1: which is, Okay, looking at AI investment and all the
- 1:51:50Speaker 1: wonderful you know, huge increases in the various AI related stocks.
- 1:51:54Speaker 1: I get it when it comes to you mentioned chip makers.
- 1:51:57Speaker 1: That's the hardware, of course, and I'm sure manufacturing it's
- 1:52:00Speaker 1: a boost because they're building AI centers all over the place.
- 1:52:02Speaker 1: But ultimately, what is the business model once you have
- 1:52:06Speaker 1: a data center, once you have AI? Generally speaking, how
- 1:52:10Speaker 1: does AI generate revenue? Beyond the revenue benefits that businesses
- 1:52:15Speaker 1: get from the streamline effect. But a company that runs
- 1:52:17Speaker 1: one of these centers, how is it profitable for them
- 1:52:20Speaker 1: just to have that tool there available for the rest
- 1:52:22Speaker 1: of the world to use.
- 1:52:24Speaker 3: Well, it depends on your role in all of this.
- 1:52:26Speaker 3: I would say.
- 1:52:27Speaker 7: The first thing isn't necessarily that it's that it's going
- 1:52:30Speaker 7: to drive more revenue. It's going to reduce expense, that's
- 1:52:33Speaker 7: the first thing. So we're widening profit margins. That's why
- 1:52:36Speaker 7: for those of you know, those out there on the
- 1:52:38Speaker 7: bull side of this, in other words, thinking that the
- 1:52:40Speaker 7: market can continue to run. What they're saying is, yes,
- 1:52:43Speaker 7: we have the ability to be more efficient, and that's
- 1:52:45Speaker 7: similar to what the Internet was originally, you know, thirty
- 1:52:47Speaker 7: years ago. It's a way to communicate more quickly. It's
- 1:52:50Speaker 7: a way to find markets more quickly. You know, think
- 1:52:53Speaker 7: of some simple things that we take for granted now,
- 1:52:55Speaker 7: like eBay, for example, thirty years ago, eBay was kind
- 1:52:57Speaker 7: of the original somebody wants to buy widget and somebody
- 1:53:01Speaker 7: wants to sell that. How do you connect those two?
- 1:53:03Speaker 7: And Amazon built on that model and so forth. That
- 1:53:06Speaker 7: didn't exist at all, so those were new sources of revenue. Nowadays,
- 1:53:09Speaker 7: it's more about there's a lot of companies that already
- 1:53:11Speaker 7: exist doing these things and taking advantage of these opportunities.
- 1:53:14Speaker 7: How can they do it in a more efficient, more
- 1:53:16Speaker 7: profit margin oriented type of way. And that's where this
- 1:53:19Speaker 7: is coming from. And it's your question before about the
- 1:53:22Speaker 7: S and P five hundred. It is largely technology driven.
- 1:53:24Speaker 7: But if we equal weight the S and P five hundred,
- 1:53:27Speaker 7: meaning take the technology companies and give them, you know,
- 1:53:30Speaker 7: just every company is worth one five hundreds of the
- 1:53:33Speaker 7: S and P five hundred versus the capital weight, which
- 1:53:36Speaker 7: it normally is the equal weight at S and P
- 1:53:38Speaker 7: five hundred, Bryant is up about eight point seven percent
- 1:53:41Speaker 7: versus the S and P right now, which is about
- 1:53:44Speaker 7: ten point seven percent.
- 1:53:46Speaker 3: So still up. But so that's that's what I was
- 1:53:48Speaker 3: getting at before.
- 1:53:49Speaker 7: Everything is still up, because you know, it's not just
- 1:53:51Speaker 7: technology running away like it has been.
- 1:53:54Speaker 1: All right, And I suppose we all still have this
- 1:53:57Speaker 1: looming concern over all. Right, the efficiencies in business are
- 1:54:00Speaker 1: increasing with AI, and we can all point to a
- 1:54:02Speaker 1: million reasons for that. But does that not necessary or
- 1:54:06Speaker 1: doesn't that translate into fewer jobs needed or fewer employees
- 1:54:09Speaker 1: needed to perform what that business does generally speaking? And
- 1:54:12Speaker 1: I think that's the biggest concern we have out here
- 1:54:14Speaker 1: in the world.
- 1:54:15Speaker 3: For sure. I think that's absolutely true.
- 1:54:18Speaker 7: There were there were talk, though, you know, thirty years ago,
- 1:54:21Speaker 7: that the internet was going to replace a lot of
- 1:54:22Speaker 7: jobs too, and there was definitely a pivot. The internet
- 1:54:24Speaker 7: does things that human beings did thirty years ago, and
- 1:54:27Speaker 7: I don't think that has permanently. You know, unemployed a
- 1:54:30Speaker 7: class of people that have not been able to find
- 1:54:32Speaker 7: work ever since. So's it's easy to think about that,
- 1:54:36Speaker 7: but I don't think we know enough yet to truly
- 1:54:38Speaker 7: say that this is really just going that we're all
- 1:54:40Speaker 7: going to be responding only to robots and computers do
- 1:54:44Speaker 7: telling us what to do. I don't think that's coming
- 1:54:46Speaker 7: anytime soon. Maybe that's in the future, but with the
- 1:54:49Speaker 7: general public being as resistant as it usually is, you know,
- 1:54:52Speaker 7: I bring up the example I have a lot of
- 1:54:54Speaker 7: clients who still insist on paper statements. So I don't
- 1:54:57Speaker 7: know that all the human beings in the world are
- 1:54:59Speaker 7: ready to simply for it to be told what to
- 1:55:01Speaker 7: do by a computer.
- 1:55:02Speaker 1: Well, and then there's all that, there's also that resilience
- 1:55:05Speaker 1: that we have to changes, as profound as they may
- 1:55:08Speaker 1: seem when you're dealing with it and trying to contemplate
- 1:55:10Speaker 1: what it's going to mean. Technology and other areas tend
- 1:55:14Speaker 1: to develop along with it, so there will be roles
- 1:55:16Speaker 1: for folks to play. Even in a post AI world
- 1:55:18Speaker 1: or a full AI world.
- 1:55:20Speaker 7: There is still a bridge to be built between the
- 1:55:23Speaker 7: human being and the computer, and the job opportunities out
- 1:55:26Speaker 7: there will be for those who know how to build that.
- 1:55:28Speaker 1: Bridge get a job in the trades. It isn't impacted
- 1:55:31Speaker 1: by AI to a certain extent. Brian James from Allways
- 1:55:34Speaker 1: Financial don't go away because the next subject has me
- 1:55:36Speaker 1: very frightened. It has since I was a young man.
- 1:55:38Speaker 1: The cost of servicing our national dat and inflation stretching
- 1:55:41Speaker 1: people to the breaking points sort of related to many respects.
- 1:55:43Speaker 1: More with Brian James after I mentioned Father's Day coming up.
- 1:55:47Speaker 1: Me being a dad, you know, I'm looking forward to
- 1:55:48Speaker 1: Father's Day like all dads are. It's the twenty five
- 1:55:50Speaker 1: pair CE talk station from all Worth Financial, Brian James
- 1:55:54Speaker 1: talking through some of the issues. I tell you what,
- 1:55:56Speaker 1: since it is a corollary of the AI issue. We
- 1:55:59Speaker 1: were just talking, let's pause on the insane national debt
- 1:56:02Speaker 1: and how much it's eating up of the federal revenue
- 1:56:05Speaker 1: and talk about this robin hood stock as an illustration
- 1:56:08Speaker 1: of artificial intelligence stock apps. This is this is one
- 1:56:12Speaker 1: of those. It's like the peace of God, Brian James.
- 1:56:14Speaker 1: The past is Brian Thomas's understanding, not all human understanding.
- 1:56:17Speaker 1: I'm sure you've got a good handle on robin hood
- 1:56:19Speaker 1: and these other apps, but can you break this one
- 1:56:21Speaker 1: down for us all please?
- 1:56:23Speaker 7: Well, yeah, the headline here is that robin hood stock
- 1:56:25Speaker 7: is surging, right. This is this is the erstwhile brokerage
- 1:56:29Speaker 7: firm that came to came to the forefront during the pandemic,
- 1:56:33Speaker 7: and that's why we keep hearing about it. It's very
- 1:56:35Speaker 7: popular with the younger generations. In the past it's been
- 1:56:37Speaker 7: much more about cryptocurrency, but Robinhood is trying to expand
- 1:56:41Speaker 7: and become a full financial ecosystem. They've always been a
- 1:56:44Speaker 7: brokerage at the very least crypto platform. More recently now
- 1:56:47Speaker 7: they're getting into credit card issuance prediction markets operator right,
- 1:56:51Speaker 7: those are the markets where we're betting on, you know,
- 1:56:53Speaker 7: whether a one athlete is going to punch another in
- 1:56:56Speaker 7: the mouth at the tip off or something like that.
- 1:56:59Speaker 7: AI power or financial assistance assistance as well, and then
- 1:57:03Speaker 7: also retirement cash management platform. So assets here have grown
- 1:57:07Speaker 7: to apparently about three hundred and fifty billion dollars. So
- 1:57:10Speaker 7: whatever they're doing is working among somebody. I don't know
- 1:57:12Speaker 7: anybody that's opening account recently, but customer engagement does remain
- 1:57:16Speaker 7: strong despite the weaker crypto markets, so they are apparently
- 1:57:20Speaker 7: are succeeding and getting into some of these markets again
- 1:57:23Speaker 7: moving beyond cryptout.
- 1:57:25Speaker 1: Walk me through sort of an illustration of what this
- 1:57:27Speaker 1: does I mean. I hear you you say you know,
- 1:57:29Speaker 1: they're in credit cards and and bitcoin, and why would
- 1:57:33Speaker 1: young people get gravitating to it? What would they do
- 1:57:36Speaker 1: by way of day in and day out transactions, Because
- 1:57:39Speaker 1: I get a feeling this thing as an all encompassing
- 1:57:41Speaker 1: sort of phenomenon. Here.
- 1:57:43Speaker 7: It's easy to use, and you use it on your phone.
- 1:57:45Speaker 7: Quite frankly, I mean that's that. It's much more complicated
- 1:57:48Speaker 7: than that. There are some pretty big, big brains behind this.
- 1:57:51Speaker 7: But what they're looking to do is make this very
- 1:57:54Speaker 7: approachable and make all these kinds of things, you know,
- 1:57:56Speaker 7: you know, a little different than your major financial institutions,
- 1:57:59Speaker 7: which can seem somewhat intimidating to people. And there's definitely
- 1:58:02Speaker 7: an edge, you know, the think of the name Robin Hood.
- 1:58:04Speaker 7: Robin Hood was the guy who stole from rich to
- 1:58:06Speaker 7: give to the poor. They've definitely found sort of a
- 1:58:08Speaker 7: marketing edge, you know, to break away from the established
- 1:58:12Speaker 7: financial institutions and an attractive following that way. But it's
- 1:58:16Speaker 7: not just about making the you know, being able to
- 1:58:19Speaker 7: provide the transactions. It's about doing it away in a
- 1:58:21Speaker 7: way that feels more comfortable to the generations that are
- 1:58:25Speaker 7: going up with TikTok and Instagram and all those kinds
- 1:58:27Speaker 7: of things. So it's just an evolution of how human
- 1:58:30Speaker 7: beings think about investments and the robin Hood is taking
- 1:58:33Speaker 7: advantage of that and apparently doing an okay job at it.
- 1:58:35Speaker 1: Well, okay, the stock represents the popularity of what the
- 1:58:39Speaker 1: app does, and I guess I'm really struggling with what
- 1:58:41Speaker 1: the app does. What am I doing on that particular
- 1:58:44Speaker 1: app that makes it popular? Am my trading stocks? Am
- 1:58:46Speaker 1: I engaging in banking? Am I, you know, sending videos
- 1:58:49Speaker 1: to my friends?
- 1:58:51Speaker 7: What does it do all of those things? So remember
- 1:58:53Speaker 7: where this came from. Originally, Robinhood was the original. You
- 1:58:56Speaker 7: and I have talked about the meme stock, so game
- 1:58:57Speaker 7: Stop and AMC and all that stuff over the past years.
- 1:59:00Speaker 7: Robinhood's where a lot of that activity occurred. So you've
- 1:59:02Speaker 7: always been able to buy to buy shares there. They
- 1:59:04Speaker 7: found some creative ways to allow people to invest very
- 1:59:08Speaker 7: small amounts of money. You know, maybe I've only got
- 1:59:09Speaker 7: twenty bucks, but I want to buy a stock that's
- 1:59:12Speaker 7: worth one hundred dollars when now I can buy a
- 1:59:13Speaker 7: fifth of a share Because robinhood has put the technology
- 1:59:16Speaker 7: in place to be able to buy fractional shares. And
- 1:59:18Speaker 7: does this help the average retiree with a couple million
- 1:59:21Speaker 7: dollars Not really, it doesn't change anything. But for the
- 1:59:22Speaker 7: person who otherwise would not be engaging with the financial
- 1:59:25Speaker 7: markets at all, which is the vast majority of the
- 1:59:28Speaker 7: population of this country, if not the world, that's who
- 1:59:31Speaker 7: they've come up with ways to be able to serve.
- 1:59:34Speaker 7: And those are the kind of folks that you know,
- 1:59:36Speaker 7: the fidelities and the schwabs and all that aren't really
- 1:59:39Speaker 7: looking at So there's a market there for again, these
- 1:59:42Speaker 7: making a huge volume of these very small transactions.
- 1:59:45Speaker 3: But that's the beginning of it.
- 1:59:47Speaker 7: And then of course it was since it was already
- 1:59:49Speaker 7: you know, something that people were willing to engage with
- 1:59:51Speaker 7: and became used to. When crypto hit the mainstream a
- 1:59:54Speaker 7: few years back, it was already in position. Robinhood was
- 1:59:57Speaker 7: ready to be able to place those trades for people.
- 2:00:00Speaker 7: And so that's how people are already on those platforms.
- 2:00:02Speaker 7: So it's not like they're starting from scratch to see
- 2:00:05Speaker 7: all these new products. They're already there and they're being
- 2:00:07Speaker 7: enticed now with credit cards and again these prediction markets.
- 2:00:10Speaker 7: The big headline most recently here is Robin Hood's new
- 2:00:14Speaker 7: AI agent strategy, and that's going to allow AI tools
- 2:00:17Speaker 7: to help users manage investments, actual spending, and financial decisions.
- 2:00:21Speaker 7: I'm not sold on this. I still want a human
- 2:00:24Speaker 7: brain thinking about these kinds of things. It's an interesting
- 2:00:27Speaker 7: story to watch. Somebody out there is going to pull
- 2:00:30Speaker 7: the trigger and give it a try. But yes, Robin
- 2:00:31Speaker 7: Hood is out there. Whenever you hear the word agent,
- 2:00:33Speaker 7: that is no longer you know, AI simply being Google
- 2:00:37Speaker 7: on steroids. That's AI actually performing transactions for you. I'm
- 2:00:41Speaker 7: not ready to buy into any of that yet, and
- 2:00:43Speaker 7: we're certainly not anywhere close to that here at all
- 2:00:45Speaker 7: worth in terms of trading and all those kinds of things.
- 2:00:48Speaker 7: But there's a market out there for it. And again
- 2:00:50Speaker 7: that's why Robin Hood's in the headlines this morning.
- 2:00:52Speaker 1: Is Robinhood overseen by some federal agency like the Securities
- 2:00:56Speaker 1: in Exchange Commission or something like that. Are they regulated
- 2:00:59Speaker 1: along those.
- 2:00:59Speaker 7: Lines as much as anybody else is, because at the
- 2:01:03Speaker 7: end of the day, they are in exchange, so they're
- 2:01:04Speaker 7: they're they're monitored by by the same organizations that monitor
- 2:01:08Speaker 7: you know, stock trading and all that kind of thing.
- 2:01:10Speaker 7: The the it's the crypto side and these prediction markets
- 2:01:13Speaker 7: that right now there's really that it's just not as
- 2:01:16Speaker 7: well thought out by our you know, by our leadership
- 2:01:19Speaker 7: in terms of how that's going to be. There's a
- 2:01:21Speaker 7: lot of fights going on right now, you know, big
- 2:01:23Speaker 7: new and I talked recently about big debates over whether
- 2:01:26Speaker 7: it would be the Securities and Exchange Commission or the
- 2:01:29Speaker 7: commodities organizations governmental organizations that are going to monitor these
- 2:01:34Speaker 7: these types of markets. And somewhat good sized victory was
- 2:01:38Speaker 7: won by the financial industry when it was decided that
- 2:01:40Speaker 7: the commodities UH overseers are going to be in charge
- 2:01:44Speaker 7: there because they are less strenuous than the sec. So
- 2:01:46Speaker 7: it's not so much about Robinhood being on its own.
- 2:01:49Speaker 7: It's about these markets in general. Again, crypto and predictive
- 2:01:53Speaker 7: markets and all those are not really they're they're just
- 2:01:55Speaker 7: in general not monitors as well.
- 2:01:57Speaker 3: And it's established as the overall stockworker.
- 2:01:59Speaker 1: Well, and I always like to I point out that
- 2:02:02Speaker 1: I'm ignorant a lot of topics. This is one that
- 2:02:04Speaker 1: I obviously am the way I brought in this subject matter.
- 2:02:06Speaker 1: But then again, do you think anybody in Washington, d C.
- 2:02:09Speaker 1: In elected capacity has any concept of how this stuff works,
- 2:02:12Speaker 1: which ultimately leads me to conclude that no wonder the
- 2:02:14Speaker 1: financial institutions end up winning on this because they have money,
- 2:02:17Speaker 1: they have power, they have lobbyists, and they can sway
- 2:02:20Speaker 1: the narrative in any direction they want to a bunch
- 2:02:22Speaker 1: of people who really don't quite get it.
- 2:02:25Speaker 3: That's very fair statement.
- 2:02:26Speaker 7: And remember remember what talks it's money, right, So yeah,
- 2:02:28Speaker 7: I can't imagine that these these somewhat geriatric leaders of
- 2:02:33Speaker 7: our country aren't focused more on what the industry can
- 2:02:36Speaker 7: provide to their next election coffers than what the impact
- 2:02:39Speaker 7: over the next several decades will be of these tools
- 2:02:42Speaker 7: that are kind of being in some cases rubber stamp.
- 2:02:44Speaker 7: I'm worried about that too. I don't think that I'll
- 2:02:46Speaker 7: fix itself anytime soon. But you know, I don't know
- 2:02:48Speaker 7: what we do differently other than elect different people.
- 2:02:52Speaker 1: Wow, there's an ask Brian James speaking of needing to
- 2:02:56Speaker 1: elect different people. The writing's on the wall in terms
- 2:02:59Speaker 1: of our national debt, and it is scary stuff. We're
- 2:03:02Speaker 1: going to talk about that coming up next with Brian James.
- 2:03:04Speaker 1: Don't Go Away.
- 2:03:04Speaker 6: Fifty five KRC.
- 2:03:06Speaker 3: The simply money Man. It is sponsored by share Fax
- 2:03:08Speaker 3: Credit Union. Visit sharefacs dot org.
- 2:03:11Speaker 1: This is this a twenty seven I fifty got kcdtalk station.
- 2:03:15Speaker 1: I want to say Happy Monday, but as we enter
- 2:03:17Speaker 1: the next subject matter with money Monday's Brian James, I'm
- 2:03:20Speaker 1: not quite sure I can make it a happy Monday.
- 2:03:21Speaker 1: In spot off where I'm looking, Brian James, federal government
- 2:03:24Speaker 1: spending more on debt interest than medicaid, national offense, and
- 2:03:28Speaker 1: all non defense discretionary programs combined. And if that isn't
- 2:03:33Speaker 1: bad enough, they're saying it's going to get worse and
- 2:03:35Speaker 1: could turn into something far worse. We've been on a spending,
- 2:03:40Speaker 1: reckless spending trajectory forever. And I'm actually surprised because the
- 2:03:44Speaker 1: information that you relied upon it you provided me in
- 2:03:46Speaker 1: this particular article. The source of the information the Congressional
- 2:03:50Speaker 1: Budget Office Committee for a Responsible Federal Budget. We have
- 2:03:54Speaker 1: something called that. I know they misname things all the time, Brian,
- 2:03:57Speaker 1: but that sounds like a good organize. But we don't
- 2:04:00Speaker 1: have a responsible federal budget.
- 2:04:03Speaker 3: We do not. We haven't had one in decades.
- 2:04:05Speaker 7: You got to go back to the Cluton administration to
- 2:04:07Speaker 7: find the last balanced budget, and we won't relieve it.
- 2:04:10Speaker 7: We don't even talk about balanced budgets. That's campaign promises anymore.
- 2:04:13Speaker 7: We really don't talk about the budget at all because
- 2:04:15Speaker 7: really our leadership has no intention of doing anything about
- 2:04:17Speaker 7: it anytime soon. So the debt interest bill is becoming
- 2:04:21Speaker 7: its own budget category at this point, right, So it's
- 2:04:24Speaker 7: not something that we have to pay for all the
- 2:04:26Speaker 7: government employees. We've got to pay for all the government services,
- 2:04:29Speaker 7: the military, and all those other things. Debt was always
- 2:04:31Speaker 7: something that kind of happened in the background, of course,
- 2:04:33Speaker 7: but of course it's not now, and it is getting
- 2:04:35Speaker 7: to the point where we need to just treat it
- 2:04:37Speaker 7: like a line item like everything else. The federal government
- 2:04:40Speaker 7: now spends more on interest payments than medicaid, national defense,
- 2:04:44Speaker 7: or all non defense discretionary spending individually. And in fiscal
- 2:04:48Speaker 7: twenty twenty five, interest costs reached about three and a
- 2:04:51Speaker 7: quarter percent worth of the GDP. That's the highest level
- 2:04:54Speaker 7: we've seen on record. That means about nineteen cents of
- 2:04:56Speaker 7: every federal dollar Brian Thomas now goes toward paying interest
- 2:04:59Speaker 7: on the national debt. That committee you mentioned, the Committee
- 2:05:02Speaker 7: for a Responsible Federal Budget, well they estimate that if
- 2:05:05Speaker 7: treasury yields stay where they are today, then annual interest
- 2:05:07Speaker 7: costs are going to rise from eight hundred and eighty
- 2:05:09Speaker 7: billion to two and a half trillion by twenty thirty six.
- 2:05:13Speaker 7: So under that scenario, if that comes to pass, about
- 2:05:15Speaker 7: thirty percent of all federal revenue was going to go
- 2:05:17Speaker 7: toward interest payments alone.
- 2:05:19Speaker 3: That's not a happy thought.
- 2:05:21Speaker 1: No, I do you think that they're just they just
- 2:05:23Speaker 1: realize that it is going to be this insane amount
- 2:05:26Speaker 1: of debt service like our credit card interest rate, that
- 2:05:29Speaker 1: will force them into draconian cutting measures. I mean, listen,
- 2:05:33Speaker 1: we didn't want to cut, but guess what we have
- 2:05:35Speaker 1: to spend so much on the interest payment to service
- 2:05:37Speaker 1: the debt. All these programs, your favorite, my favorite, his favorite,
- 2:05:41Speaker 1: they're all going to have to be cut. That seems
- 2:05:43Speaker 1: the only answer to the problem, because no one wants
- 2:05:46Speaker 1: to present a responsible budget that's going to start whittling
- 2:05:48Speaker 1: this away.
- 2:05:50Speaker 7: Well, and ostensibly that's what this current administration kind of
- 2:05:53Speaker 7: ran on. Remember those that's ancient history and really didn't
- 2:05:56Speaker 7: have any impact whatsoever, And all the different things that
- 2:05:59Speaker 7: we were going to do there, well, we we supposedly
- 2:06:01Speaker 7: cut a lot and we cut out US AID. We've
- 2:06:02Speaker 7: killed we're killing the Department of Education. I don't remember
- 2:06:06Speaker 7: hearing where those savings have actually gone, and I'm not
- 2:06:08Speaker 7: real thrilled about where I think they went. But so
- 2:06:11Speaker 7: it seems like there are efforts afoot to at least
- 2:06:13Speaker 7: reduce the size of government, but we're redirecting those those
- 2:06:17Speaker 7: savings into other things that are you know, that are
- 2:06:20Speaker 7: not exactly along the same line. Now, there's there there
- 2:06:22Speaker 7: are some people out there that don't believe that we're
- 2:06:24Speaker 7: at you know, or at the moment.
- 2:06:25Speaker 3: Of a fiscal crisis.
- 2:06:26Speaker 7: Right there's lots of people listening right now who don't
- 2:06:29Speaker 7: who don't have to think about this stuff on a
- 2:06:30Speaker 7: daily basis. So everything you and I have said in
- 2:06:32Speaker 7: the last five minutes maybe prompting people to be concerned
- 2:06:35Speaker 7: all of a sudden when before they weren't. But there
- 2:06:37Speaker 7: are people who think about this stuff all the time.
- 2:06:40Speaker 7: And there are some economists out there, you know, to
- 2:06:42Speaker 7: who take from up from a modern monetary theory point
- 2:06:44Speaker 7: of view. Uh, the fact that the US issues debt
- 2:06:47Speaker 7: and its own currency, and so unlike Greece or maybe Argentina,
- 2:06:51Speaker 7: that means we can't be deforced into default inflation, and
- 2:06:54Speaker 7: their major concern is inflation, not insolvency is the real
- 2:06:57Speaker 7: constraint here, And some other thoughts.
- 2:06:59Speaker 3: Are in the past. The US has been in this
- 2:07:01Speaker 3: position before.
- 2:07:01Speaker 7: We had debt over one hundred percent of GDP that
- 2:07:04Speaker 7: right after World War Two, but eventually strong growth reduced
- 2:07:07Speaker 7: that debt burden. So the thought here for the people
- 2:07:10Speaker 7: who believe that this isn't that big of a deal
- 2:07:12Speaker 7: is that AI productivity gains and innovation could potentially increase
- 2:07:16Speaker 7: growth enough to offset some of that fiscal pressure. And
- 2:07:18Speaker 7: that's what you and I just got done talking about.
- 2:07:20Speaker 7: At the moment, that is what is happening. We may
- 2:07:22Speaker 7: not like it, we may not be comfortable with the
- 2:07:24Speaker 7: fact that this country swipes its credit card every chance
- 2:07:26Speaker 7: it gets, but at the moment, it's still working, and
- 2:07:28Speaker 7: it has been for decades, so we still have some.
- 2:07:32Speaker 1: Room to run here, believe it or not. Well, what
- 2:07:34Speaker 1: about the reserve currency? I mean, I'm concerned that the
- 2:07:36Speaker 1: globe is going to give up on the United States
- 2:07:38Speaker 1: as a as a reliable currency based upon this scenario
- 2:07:42Speaker 1: that we're looking at right now. If we don't get
- 2:07:44Speaker 1: people to loan US money then we can't continue to
- 2:07:47Speaker 1: service the debt Brian as I understand things.
- 2:07:50Speaker 7: Yeah, but the thought I go back to there is okay,
- 2:07:53Speaker 7: then who steps in? What country is it that's going
- 2:07:56Speaker 7: to be and take take the place of the economic
- 2:07:58Speaker 7: might that the United States has. Now, we've made a
- 2:08:00Speaker 7: lot of changes over the last couple of years as
- 2:08:02Speaker 7: to how we present ourselves to the rest of the world,
- 2:08:04Speaker 7: and we've gotten away with a lot of it. Right,
- 2:08:06Speaker 7: the markets are still at all time highs because in
- 2:08:08Speaker 7: general the globe, the globes investors still think that US
- 2:08:12Speaker 7: stocks are the place to be. The treasury hasn't collapsed.
- 2:08:15Speaker 7: None of this has actually happened yet, So put it
- 2:08:17Speaker 7: in the future. Sure, But then that means where are
- 2:08:19Speaker 7: we going. Is it going to be China? Is the
- 2:08:21Speaker 7: world going to line up behind China? I can't envision
- 2:08:23Speaker 7: that happening. That's the second largest economy in the world.
- 2:08:26Speaker 7: There's still a good amount of distance between the US
- 2:08:28Speaker 7: and China, and then after that you get into Germany
- 2:08:31Speaker 7: and Japan, and I just don't see somebody stepping into
- 2:08:34Speaker 7: the role of the US plays And I don't think
- 2:08:37Speaker 7: there's enough faith in cryptocurrency.
- 2:08:38Speaker 3: Cryptocurrency is way too much of a speculative asset for
- 2:08:40Speaker 3: that to average.
- 2:08:41Speaker 1: Yeah, I wrote down crypto because you know the old
- 2:08:44Speaker 1: adage don't let a good crisis go to ray waits.
- 2:08:46Speaker 1: Guess what, we are facing a crisis right now that's
- 2:08:48Speaker 1: only going to get worse and at some point someone's
- 2:08:50Speaker 1: going to stand up and say, screw the dollar crypto.
- 2:08:53Speaker 1: And I wrote that down, and I thought, wait a second,
- 2:08:55Speaker 1: crypto is expressed in the form of a dollar valuation.
- 2:08:58Speaker 1: It's got to be expressed in the form of something
- 2:09:00Speaker 1: I think people can get their head around.
- 2:09:02Speaker 7: Right exactly, And that's kind of exactly the point. I mean,
- 2:09:04Speaker 7: when we think of crypto, we don't know. People don't
- 2:09:06Speaker 7: generally think of what crypto itself is worth. We still
- 2:09:08Speaker 7: translate in our heads to how does that mean if
- 2:09:10Speaker 7: I dumped it into my checking account and converted it
- 2:09:12Speaker 7: to regular US dollars, what would that look like? And
- 2:09:14Speaker 7: the fact that you thought of it that way, that's
- 2:09:16Speaker 7: the point. That's how ensconced in the world economy. The
- 2:09:19Speaker 7: US dollar is and that's not going to change tomorrow.
- 2:09:22Speaker 3: So the world's.
- 2:09:23Speaker 7: Primary concurrency remains the US dollars. So it's fifty eight
- 2:09:27Speaker 7: percent of global foreign exchange reserves. It's still the dominant
- 2:09:30Speaker 7: currency for international trade. They may not like US, but
- 2:09:33Speaker 7: it's still the most reliable currency.
- 2:09:34Speaker 3: Think of it this way.
- 2:09:35Speaker 7: There were companies out there, maybe what's five six years
- 2:09:38Speaker 7: ago that were briefly accepting payment in the form of
- 2:09:41Speaker 7: cryptocurrency in bitcoin. Tesla was one of them. I believe
- 2:09:45Speaker 7: Microsoft did it for a little while, and they decided
- 2:09:47Speaker 7: not to do that anymore because all of a sudden,
- 2:09:50Speaker 7: their accounts receivable were bouncing wildly. When what you just
- 2:09:54Speaker 7: said happened, somebody had to translate that cryptocurrency eighty US
- 2:09:58Speaker 7: dollars to put it on the quarterly report. Well, and
- 2:10:00Speaker 7: it's just bouncing wildly, not because of the products they've sold,
- 2:10:03Speaker 7: but because of the crypto. Well, and that's been the
- 2:10:05Speaker 7: that's been the weird thing for me. This is one
- 2:10:07Speaker 7: of the reasons why I struly struggle to get my
- 2:10:09Speaker 7: head around it, because crypto varies wildly. One day it's worth,
- 2:10:12Speaker 7: you know, ten thousand dollars per coin, and the next
- 2:10:14Speaker 7: day it's worth fifteen. It's like, oh my god, crypto
- 2:10:16Speaker 7: is worth ap How do you buy something with something
- 2:10:19Speaker 7: that moves so dramatically In price from moment to moment,
- 2:10:22Speaker 7: let alone day to day. At least with the dollar,
- 2:10:24Speaker 7: you got to wait for inflation to kick in. Okay,
- 2:10:27Speaker 7: dollar's worth less this quarter than it was last, and
- 2:10:30Speaker 7: we can always see that in the price of goods
- 2:10:32Speaker 7: going up. But the other article about inflation, it's twenty
- 2:10:36Speaker 7: five percent up for every day goods and services since
- 2:10:38Speaker 7: twenty twenty one. That's really hitting people hard. But when
- 2:10:41Speaker 7: you go to this store and you want to buy something,
- 2:10:43Speaker 7: and you want to pay for it in crypto, it
- 2:10:45Speaker 7: could cost you this fraction of a crypto coin today
- 2:10:49Speaker 7: and something less tomorrow. I maybe AI can figure all
- 2:10:53Speaker 7: that crap out down the road, Brian, but in real
- 2:10:55Speaker 7: time calculations, it seems to be virtually impossible.
- 2:10:58Speaker 3: You know.
- 2:10:58Speaker 7: I think we're just moving into an era where basically
- 2:11:01Speaker 7: everything is treated as a speculative asset. We don't use
- 2:11:04Speaker 7: it to store value anymore. We don't use things to
- 2:11:07Speaker 7: you know, as a currency of exchange. We simply want
- 2:11:09Speaker 7: to own something and hope it goes to the moon.
- 2:11:11Speaker 7: That's really what all this stuff is. And I really
- 2:11:13Speaker 7: wish we'd dropped the you know, the last half of
- 2:11:15Speaker 7: that word currency off of cryptocurrency because it's not currency
- 2:11:19Speaker 7: is something that has exchanged. Crypto is getting hoarded because
- 2:11:22Speaker 7: people are thinking it's going to be worth a bazillion
- 2:11:24Speaker 7: dollars later. When was the last time you heard about
- 2:11:26Speaker 7: somebody selling their entire horde of bitcoin?
- 2:11:28Speaker 3: That doesn't ever happen.
- 2:11:29Speaker 7: People sit on it and ride the waves while the
- 2:11:31Speaker 7: new people jump in and out because they don't know
- 2:11:33Speaker 7: what they're doing.
- 2:11:33Speaker 1: True, which makes me kind of want to ask a
- 2:11:36Speaker 1: question about gold. Gold keeps going up in price too people.
- 2:11:39Speaker 1: Is that revealing of something broader in terms of people's
- 2:11:42Speaker 1: concerns about the status of the world.
- 2:11:43Speaker 7: Brian James, I think gold is really just a measure
- 2:11:46Speaker 7: of how nervous are we today because if you and
- 2:11:49Speaker 7: that's gold is is gets brought up by people who
- 2:11:52Speaker 7: really want to do what I think society is letting
- 2:11:55Speaker 7: go of.
- 2:11:55Speaker 3: Right. Gold gets brought up by people.
- 2:11:57Speaker 7: Who want to put their money in something and sit
- 2:11:59Speaker 7: on it and be confident that it's going to somehow
- 2:12:01Speaker 7: go up. But gold is treated anymore. It's just as
- 2:12:04Speaker 7: violent as anything else when the waves change direction on us.
- 2:12:09Speaker 7: So it's just not if you look over history a
- 2:12:12Speaker 7: gold position, people start looking at gold when they want
- 2:12:15Speaker 7: to try to time everything else. I'm worried about the
- 2:12:17Speaker 7: markets right now, so therefore I want to put it
- 2:12:19Speaker 7: in gold because I've perceived that that'll be a safer place. Well,
- 2:12:21Speaker 7: as we know about timing anything, you're never going to
- 2:12:23Speaker 7: get it right. You can get it right nine times
- 2:12:25Speaker 7: in a row, and that tenth time comes along and
- 2:12:27Speaker 7: puts you right back where you were.
- 2:12:28Speaker 3: Gold does the.
- 2:12:29Speaker 7: Same thing, just in the opposite. It's just the receiving
- 2:12:32Speaker 7: point of where people are trying to shelter from something
- 2:12:34Speaker 7: else for a brief period of time, and nobody has
- 2:12:37Speaker 7: proven throughout history that there's a way to do this
- 2:12:40Speaker 7: correctly multiple times in a row.
- 2:12:41Speaker 1: And it's just a commodity like everything else. I think
- 2:12:44Speaker 1: people are fascinated with gold just because it's had this
- 2:12:46Speaker 1: long term, you know, multi multi millennial generational perception of
- 2:12:51Speaker 1: just actual value. If I have gold, it is going
- 2:12:53Speaker 1: to be worth something. But you can say the same
- 2:12:55Speaker 1: thing about platinum or copper or anything else it has
- 2:12:59Speaker 1: a value in in in society,