Latest / Ron Verb / Wednesday 3pm hour 06/24/26

Transcript

Wednesday 3pm hour 06/24/26 · Ron Verb

• 0:00
  Speaker 1: Well, there you go.
• 0:00
  Speaker 2: A little Guardian's rain delay. And it's raining, so it
• 0:04
  Speaker 2: means we go back to it here. On a Wednesday afternoon,
• 0:08
  Speaker 2: June 24th, it's 79 degrees and welcome one and all.
• 0:11
  Speaker 1: Ron Furp from NewsRadio 570 WKBN. It's hump day.
• 0:16
  Speaker 2: At least raining in Chicago, but not here in our
• 0:19
  Speaker 2: neck of the woods. The sun is shining, and it's
• 0:21
  Speaker 2: a beautiful 79 degrees, as I say. And as always,
• 0:24
  Speaker 2: we'll take your calls at 330-729-9977 if you want to
• 0:26
  Speaker 2: get on board with us.
• 0:32
  Speaker 1: 330-729-9977.
• 0:32
  Speaker 2: We'll get you through to us on News Radio 570 WKBN.
• 0:36
  Speaker 2: So feel free to pick up the phone. Give us
• 0:39
  Speaker 2: a call. 330-729-9977. We'll take, we'll conversate. Perhaps, perhaps the
• 0:45
  Speaker 2: game will get going in an hour or who knows.
• 0:49
  Speaker 2: It could get postponed. You never know what could happen
• 0:53
  Speaker 2: as far as rain delays are concerned. So we shall
• 0:58
  Speaker 2: see what the story is. How about the Democrat Socialist
• 1:01
  Speaker 2: winning all of these primaries in New York? I mean,
• 1:06
  Speaker 2: Clay and Buck were talking a little bit about that today.
• 1:08
  Speaker 2: Everybody's kind of talking about it today. Just a different mentality,
• 1:13
  Speaker 2: I think, from a lot of people that's... I don't
• 1:17
  Speaker 2: know if they just have had it with the... How
• 1:21
  Speaker 2: would you describe it, gang? How would you describe it?
• 1:24
  Speaker 2: I mean, you see the Democrat Socialist winning... in primaries
• 1:31
  Speaker 2: and a lot of the vote that they're getting is
• 1:33
  Speaker 2: coming from what we'd consider to be the younger voters
• 1:39
  Speaker 2: who in essence might be saying they've had enough. They,
• 1:44
  Speaker 2: and does anybody really believe that socialism is going to work?
• 1:48
  Speaker 2: I mean, now they portray, they don't even hide. They
• 1:50
  Speaker 2: say we're Democrats, socialists, they're running as Democrats, socialists. And
• 1:55
  Speaker 2: does anybody think that socialism will work? And is that
• 1:59
  Speaker 2: a result of some people that think capitalism has just
• 2:01
  Speaker 2: gotten so far out of whack that the gap between
• 2:06
  Speaker 2: the haves and have-nots keep growing?
• 2:09
  Speaker 1: And what do they call it?
• 2:11
  Speaker 2: The income distribution is just too much at the top,
• 2:15
  Speaker 2: not enough at the bottom. Younger people saying it's the
• 2:19
  Speaker 2: idea of being able to buy a home is becoming
• 2:22
  Speaker 2: more and more difficult for them to Achieve the American dream.
• 2:26
  Speaker 2: And in some cases, simply to be able to buy
• 2:28
  Speaker 2: a car. And just some of the... Some of what
• 2:33
  Speaker 2: people are maybe used to when they talk about the
• 2:35
  Speaker 2: baby boomers. And in many cases, talking about the baby
• 2:38
  Speaker 2: boomers in a very negative light. A negative light like, boy,
• 2:43
  Speaker 2: you guys really screwed it up. You guys really screwed
• 2:48
  Speaker 2: it up. So, that's why you're seeing a lot of
• 2:51
  Speaker 2: these folks in... what, New York, which is a liberal
• 2:56
  Speaker 2: area to begin with, that are basically saying, okay, they've
• 2:59
  Speaker 2: had enough, and they're going to give a go of
• 3:01
  Speaker 2: it with the Democrat Socialists. Not just your standard Democrats.
• 3:09
  Speaker 2: Democrat Socialists. I mean, it's definitely interesting. One other thing
• 3:14
  Speaker 2: that I've been meaning to get to this week, and
• 3:16
  Speaker 2: I'm looking for it, I want to make sure that
• 3:18
  Speaker 2: I get it correctly, and it has to do with
• 3:21
  Speaker 2: Social Security when we talk about it. And We talk
• 3:26
  Speaker 2: about the really billions of dollars that we give to
• 3:29
  Speaker 2: all of these foreign countries. And it is billions of dollars.
• 3:35
  Speaker 2: And yet the economic issues when it comes to Social Security,
• 3:42
  Speaker 2: excuse me, and Medicare are just getting more and more difficult.
• 3:47
  Speaker 2: I think they say the time frame is like seven
• 3:49
  Speaker 2: years now. It is..
• 3:52
  Speaker 1: Frightening, all right?
• 3:53
  Speaker 2: So let me lay this on you. I want to
• 3:56
  Speaker 2: give you the details, then I'll get to some phone calls.
• 3:59
  Speaker 2: Social Security has less than 10 years before reserves are exhausted,
• 4:04
  Speaker 2: new trustee reports warns.
• 4:06
  Speaker 1: So let me give that headline to you one more time.
• 4:08
  Speaker 1: I want you to hear it.
• 4:11
  Speaker 2: Social Security has less than 10 years before reserves are exhausted.
• 4:17
  Speaker 2: The clock is ticking. Faster for American workers and seniors.
• 4:22
  Speaker 2: The Social Security Administration newly released 2026 trustee report confirms
• 4:27
  Speaker 2: that the federal retirement safety net is less than seven
• 4:32
  Speaker 2: years away from fiscal depletion as the old age and
• 4:37
  Speaker 2: survivor insurance trust fund will completely exhaust its accumulated reserves
• 4:44
  Speaker 2: in the fourth quarter of 2032. All the reserves that
• 4:49
  Speaker 2: have been put in it will be gone. Once the
• 4:51
  Speaker 2: reserve dries up, ongoing tax revenue will cover only 78%.
• 4:57
  Speaker 2: So what they're saying is, at this point in time,
• 5:03
  Speaker 2: with workers paying into Social Security, only 78% of the
• 5:09
  Speaker 2: scheduled retirement benefits.
• 5:14
  Speaker 1: Will be covered.
• 5:17
  Speaker 2: So there's the potential for then in less than seven
• 5:21
  Speaker 2: years you could lose 22% of your Social Security. One
• 5:27
  Speaker 2: big beautiful bill act enacted on July 4th, 2025. This
• 5:31
  Speaker 2: law makes permanence the lower income tax rates and adjusted
• 5:35
  Speaker 2: tax brackets originally enacted under the 2017 Tax Cuts and
• 5:39
  Speaker 2: Jobs Act and both increases and makes permanence the large
• 5:44
  Speaker 2: standard deductions of the 2017 Act, the report says. And
• 5:54
  Speaker 2: so it's, I mean, it's basically telling you that there's
• 6:00
  Speaker 2: big trouble ahead. I mean, big trouble ahead. As far
• 6:07
  Speaker 2: as the solvency of Social Security, we give billions of
• 6:10
  Speaker 2: dollars to Israel, Egypt, to all these countries, billions of
• 6:16
  Speaker 2: dollars every year. You don't think we should maybe concentrate
• 6:22
  Speaker 2: on the American retirees and take care of them? You
• 6:29
  Speaker 2: don't think that that might be something that should be considered?
• 6:34
  Speaker 2: I put that forth to you today. This is an
• 6:37
  Speaker 2: interesting story. We shall talk about it here this afternoon,
• 6:41
  Speaker 2: as well as many other things. Some great calls yesterday
• 6:43
  Speaker 2: about Schwebel's. If you missed it in the final hour
• 6:47
  Speaker 2: of the program on Schwebel's, finally some people that were
• 6:50
  Speaker 2: retired from Schwebel's called. People that knew something about Schwebel's
• 6:55
  Speaker 2: called yesterday. Some excellent calls with insight and some knowledge
• 7:01
  Speaker 2: as to the ending of that iconic bread in our community,
• 7:05
  Speaker 2: 120 great years of Schwebel's.
• 7:09
  Speaker 1: 120 great years. You're on air.
• 7:11
  Speaker 3: Hi there. How are you doing?
• 7:13
  Speaker 1: I'm doing well. Thank you for calling.
• 7:15
  Speaker 3: Ah, thank you for answering.
• 7:18
  Speaker 1: Well, that's what I do. I answer the call.
• 7:21
  Speaker 3: I try to do that, too. But anyhow, how is
• 7:25
  Speaker 3: it we always hear that they don't have the money
• 7:29
  Speaker 3: to pay back? The federal government doesn't have the money,
• 7:34
  Speaker 3: enough money to pay on the interest on Social Security.
• 7:43
  Speaker 1: Well, what they're.
• 7:44
  Speaker 2: Saying is, the reserves, that's the money that they've gathered
• 7:49
  Speaker 2: over the years, will be depleted. And at that point,
• 7:51
  Speaker 2: it's pretty much a pay-as-you-go system. The money that's coming
• 7:54
  Speaker 2: in from workers is only enough to pay 78% of
• 7:59
  Speaker 2: the benefits.
• 8:00
  Speaker 1: That's what they're saying.
• 8:02
  Speaker 3: Well, I keep hearing for the past 10 or 15
• 8:04
  Speaker 3: years that they have a big bill and they can't
• 8:09
  Speaker 3: even pay the interest. One of them is the interest
• 8:12
  Speaker 3: on Social Security.
• 8:15
  Speaker 1: No, that isn't.
• 8:16
  Speaker 2: I have not heard that. I mean, I just find
• 8:20
  Speaker 2: it interesting. Here's what annoys me. I mean, you have
• 8:24
  Speaker 2: to work and qualify for Social Security, and they say, okay,
• 8:27
  Speaker 2: and it's not a ton of money. Here's what you
• 8:29
  Speaker 2: get in retirement, whether it depends whether you took it
• 8:33
  Speaker 2: at 62 or 65 or 68 or 70 or whatever
• 8:34
  Speaker 2: number you.
• 8:34
  Speaker 1: Took it at.
• 8:38
  Speaker 2: And how much you made and what you paid in
• 8:40
  Speaker 2: and all that kind of stuff. So they say, here's
• 8:42
  Speaker 2: the number. Now they're saying to you quite plainly that
• 8:47
  Speaker 2: it was always a pay-as-you-go system. The money I pay
• 8:50
  Speaker 2: in in Social Security goes out to current retirees.
• 8:52
  Speaker 1: You follow me?
• 8:54
  Speaker 2: It doesn't go in a savings account for me, or
• 8:57
  Speaker 2: just as when you worked, the money you paid in
• 8:58
  Speaker 2: went out to existing retirees. It was during the Reagan
• 9:02
  Speaker 2: administration that Ronald Reagan bumped it up to have a–
• 9:07
  Speaker 2: Social Security was never supposed to have a surplus. He
• 9:10
  Speaker 2: bumped it up to have a surplus to get the
• 9:12
  Speaker 2: baby boomers through the system. So what they're saying here
• 9:16
  Speaker 2: is when the baby boomers get through the system, there's
• 9:19
  Speaker 2: only enough workers paying into it. And I wonder if
• 9:22
  Speaker 2: this would change because of AI to pay 78% of
• 9:24
  Speaker 2: what we promised you. That's... That's what they're saying, and
• 9:31
  Speaker 2: that's just at a time when we're giving billions of
• 9:34
  Speaker 2: dollars out in foreign aid. There isn't a single thing
• 9:36
  Speaker 2: that prevents them from putting a billion or two dollars
• 9:39
  Speaker 2: into the Social Security Fund so that we don't have
• 9:42
  Speaker 2: to mess with changing what you are expected to get
• 9:48
  Speaker 2: down to a 78% of that number.
• 9:51
  Speaker 1: That's what I'm saying.
• 9:54
  Speaker 3: I understand. I was always under the impression that one
• 9:57
  Speaker 3: of the things that conservative Republicans were saying to this Republican,
• 10:03
  Speaker 3: that they can't pay the money back that they owe.
• 10:07
  Speaker 4: No.
• 10:08
  Speaker 1: Nope.
• 10:11
  Speaker 2: No, that is not the case. I mean, it's really
• 10:15
  Speaker 2: sad when you look at this situation. I mean, when
• 10:17
  Speaker 2: you read this It should frustrate the living you-know-what audience.
• 10:22
  Speaker 1: Stand by for me, my friend. Stand by.
• 10:24
  Speaker 2: There's something intriguing about that gentleman's voice every time I
• 10:27
  Speaker 2: talk to him.
• 10:27
  Speaker 1: I put him on hold. Get to more of your calls.
• 10:29
  Speaker 1: 322 in the afternoon. Ron Verp, stay tuned. 570 WKBN.
• 10:34
  Speaker 1: All right, Heidi Ho. Good afternoon. News Radio 570 WKBN.
• 10:38
  Speaker 1: Are you retired, my friend?
• 10:41
  Speaker 3: Yes.
• 10:42
  Speaker 1: And how long have you been retired?
• 10:44
  Speaker 3: Too long.
• 10:46
  Speaker 1: No, it's never too long.
• 10:47
  Speaker 2: I mean, it's... Hopefully you live a long time and
• 10:50
  Speaker 2: it's a lot longer. Roughly, at what age did you retire?
• 10:56
  Speaker 3: I ended up going out on a disability.
• 10:59
  Speaker 1: Oh, that's right. You told me. Yeah, that's right.
• 11:01
  Speaker 2: You got back issues, right, if I remember correctly? You
• 11:05
  Speaker 2: got some mobility issues. So really, you didn't have a choice.
• 11:08
  Speaker 2: Your body just kind of broke down to a large extent.
• 11:11
  Speaker 3: Yeah.
• 11:12
  Speaker 2: Do you struggle or are you comfortable with your Social
• 11:16
  Speaker 2: Security and your retirement?
• 11:18
  Speaker 1: Financially.
• 11:19
  Speaker 3: I'm comfortable with it because I'm getting what I paid
• 11:23
  Speaker 3: into it, but actually more because I live longer.
• 11:27
  Speaker 2: Well, there's nothing wrong with that. Social Security isn't a
• 11:30
  Speaker 2: ton of money that you get per month. I mean,
• 11:33
  Speaker 2: I forget what the average used to be, $ 1, 555. It
• 11:36
  Speaker 2: has gone up, obviously. But it depends what age you retired,
• 11:41
  Speaker 2: how much you paid in, and that kind of stuff.
• 11:43
  Speaker 2: So even if the average is $ 2, 000 a month for
• 11:46
  Speaker 2: the average person, it's not a lot of money monthly
• 11:49
  Speaker 2: to survive on.
• 11:51
  Speaker 3: Well, when I went to retire, they took a look
• 11:53
  Speaker 3: at all the facts and added it up and divided
• 11:55
  Speaker 3: by pi r squared and came up with I had
• 11:59
  Speaker 3: more time working by the month and by the money
• 12:04
  Speaker 3: I put into it. So I actually paid the full
• 12:08
  Speaker 3: amount for the age of 65. Right.
• 12:12
  Speaker 1: But are you able to get by financially okay?
• 12:16
  Speaker 3: Yeah, I buy like I always have been doing. Buy
• 12:18
  Speaker 3: what I needed and thought about if I could afford
• 12:23
  Speaker 3: something I wanted. Yeah.
• 12:25
  Speaker 2: See, what I'm saying to you is something's wrong in
• 12:28
  Speaker 2: this country when they say in less than seven years
• 12:31
  Speaker 2: that there won't be any surplus money left. I understand that.
• 12:35
  Speaker 2: And we'll only be able to pay 78% of the
• 12:38
  Speaker 2: obligation that we promised you that you would get in retirement.
• 12:41
  Speaker 2: I don't believe that will happen. I honestly believe that
• 12:45
  Speaker 2: they will... It's my belief, let me put it that way,
• 12:49
  Speaker 2: emphasized belief that they'll put money into the system to
• 12:52
  Speaker 2: make sure that that doesn't happen. But I'm suspicious that
• 12:56
  Speaker 2: when they put the money in the system, they will
• 12:58
  Speaker 2: also say, well, now we're going to raise the retirement age,
• 13:00
  Speaker 2: the full retirement age, instead of it being 67, we're
• 13:04
  Speaker 2: going to make it 70. And that really sucks because...
• 13:10
  Speaker 2: That's just true in younger generations.
• 13:13
  Speaker 3: Well, you know, what it kind of boils down to
• 13:18
  Speaker 3: is the more money you make... Let's put it this way.
• 13:23
  Speaker 3: For me to... On a normal paycheck, I put X
• 13:28
  Speaker 3: amount of dollars in, but I needed 11 hours of overtime.
• 13:33
  Speaker 3: If I worked one hour over overtime, my net... on
• 13:40
  Speaker 3: my paycheck was less because I was putting more into
• 13:43
  Speaker 3: Social Security. So I had to work 11 hours to
• 13:48
  Speaker 3: see an increase on my paycheck. It was what it
• 13:51
  Speaker 3: had come out to. So when I'm sitting here scratching
• 13:56
  Speaker 3: my head, thinking, my God, I was able to make it.
• 13:59
  Speaker 3: Thank God I was able to make it. But what
• 14:02
  Speaker 3: about these people that right now are getting $ 600, 000 or
• 14:10
  Speaker 3: $ 630 or $ 700 or $ 900 a month on Social Security
• 14:16
  Speaker 3: because the job they worked for didn't pay that much
• 14:21
  Speaker 3: an hour. Right.
• 14:22
  Speaker 1: Exactly.
• 14:24
  Speaker 3: And so what you're looking at here is that a
• 14:26
  Speaker 3: lot of these places that they worked for made a
• 14:32
  Speaker 3: lot of money. Yep.
• 14:34
  Speaker 2: Yep.
• 14:35
  Speaker 3: Well, if they would have increased their wages..
• 14:38
  Speaker 2: They would have a better retirement. I'm in total agreement. See,
• 14:44
  Speaker 2: here's a great point that you're making. Let me do
• 14:46
  Speaker 2: my headlines, and I'll come right back to you. Stand
• 14:49
  Speaker 2: by for me, because he's making an excellent point. Because
• 14:52
  Speaker 2: let's say if you're at that bottom scale, like he's saying,
• 14:55
  Speaker 2: and let's say you have a 401k. You can't afford
• 14:57
  Speaker 2: to put any money into it to have a supplement even. Ah, yes,
• 15:01
  Speaker 2: 333 on a Wednesday afternoon. A rain delay as far
• 15:05
  Speaker 2: as the Guardians game is concerned. It's 77 degrees. It's
• 15:10
  Speaker 2: beautiful here.
• 15:11
  Speaker 1: But I agree with what you're saying.
• 15:13
  Speaker 2: I mean, this was a dilemma that you would see
• 15:16
  Speaker 2: when you would say Social Security is a supplement you're
• 15:20
  Speaker 2: supposed to save for your retirement. But you're describing, well,
• 15:23
  Speaker 2: people get $ 700, $ 800, $ 900 a month because they never
• 15:24
  Speaker 2: made a ton of money. And it's based basically on
• 15:29
  Speaker 2: what you pay in. There is a minimum, if you will,
• 15:32
  Speaker 2: and that's around the minimum, $ 7, 900. And you make an
• 15:35
  Speaker 2: excellent point. They need all the money that they're making
• 15:38
  Speaker 2: to live on. They can't afford to set money into
• 15:41
  Speaker 2: a 401k or anything to have a supplement for their retirement.
• 15:45
  Speaker 2: So when they reach retirement age or whenever they decide
• 15:48
  Speaker 2: they're going to retire, if ever, or their health determines it,
• 15:51
  Speaker 2: all of a sudden they're looking at $ 900 or $ 800
• 15:55
  Speaker 2: a month, something along those lines, and you can't survive
• 15:58
  Speaker 2: on that.
• 15:58
  Speaker 1: I totally agree with what you're saying.
• 16:01
  Speaker 3: It amazes me, just like before you were talking about
• 16:05
  Speaker 3: the democratic socialists.
• 16:07
  Speaker 4: Yes.
• 16:08
  Speaker 3: Nobody wants to be a socialist.
• 16:09
  Speaker 5: Right.
• 16:10
  Speaker 3: Broaden the definition of socialism to where everybody's taken care
• 16:15
  Speaker 3: of that you can make a decent amount of money
• 16:21
  Speaker 3: and keep on moving on. But if we turn right
• 16:25
  Speaker 3: around and reverse that, and we give all these tax
• 16:30
  Speaker 3: breaks out, isn't that a form of socialism?
• 16:33
  Speaker 1: Not really, because there's a couple of things.
• 16:35
  Speaker 2: If you're giving tax breaks to people, you're giving them
• 16:37
  Speaker 2: tax breaks on their money, on being able to keep
• 16:42
  Speaker 2: their money. I would say to you, I get the anger,
• 16:47
  Speaker 2: I guess, of young people. I understand why they're saying,
• 16:50
  Speaker 2: why are so many young people going down this Democrat
• 16:53
  Speaker 2: socialist thing? Think of your life and my life and
• 16:58
  Speaker 2: think of their life. How many young people are saying
• 17:01
  Speaker 2: homeownership is out of the economic reality for them as
• 17:05
  Speaker 2: far as homeownership is concerned? How many young people or
• 17:09
  Speaker 2: people in general think the cost of medical coverage is
• 17:14
  Speaker 2: ridiculous and the cost of hospitalization and medical care is
• 17:19
  Speaker 2: just off the charts?
• 17:20
  Speaker 1: It's so ridiculous as far as what it costs.
• 17:24
  Speaker 3: Well, it isn't just them. I mean, the ones that
• 17:26
  Speaker 3: you talked about. But think about it. I mean, they
• 17:30
  Speaker 3: want to raise their electric rates. Yep. Water rates are
• 17:34
  Speaker 3: water rates.
• 17:35
  Speaker 6: Yep.
• 17:35
  Speaker 3: They want to raise this. They want to raise that. Now,
• 17:38
  Speaker 3: how in the world can a person work for McDonald's
• 17:41
  Speaker 3: and can't seem to find himself another job to bring
• 17:44
  Speaker 3: it in? So now you take the he or she
• 17:47
  Speaker 3: or both are working one or two jobs just to
• 17:52
  Speaker 3: get by to buy things that they need. And if
• 17:55
  Speaker 3: they do it correctly, they'll live all right. But still
• 17:57
  Speaker 3: saying the fact of the matter is that they're not
• 18:00
  Speaker 3: making enough money. And yet, every time you turn right around,
• 18:04
  Speaker 3: you hear about the drug people that make the drugs
• 18:08
  Speaker 3: and CEOs and corporations making. And I'm willing to bet
• 18:12
  Speaker 3: you it's in the billions. And they're giving these tax breaks.
• 18:16
  Speaker 3: We could use a little bit more of that money
• 18:19
  Speaker 3: to help us so we could pay our bill. But
• 18:21
  Speaker 3: you're right. Why in the world are we spending... money
• 18:24
  Speaker 3: to countries that don't need it.
• 18:27
  Speaker 1: We can't afford to do it.
• 18:29
  Speaker 2: My point is, when I read that Social Security is
• 18:31
  Speaker 2: going to have issues in less than seven years, it's like, okay,
• 18:35
  Speaker 2: come on, instead of sending billions of dollars out in
• 18:38
  Speaker 2: foreign aid, let's put some of those billions into our
• 18:41
  Speaker 2: retirement system for our senior citizens. And we've got to
• 18:46
  Speaker 2: stop the mentality of screwing young people in this society because,
• 18:50
  Speaker 2: as they say, well, if we put billions into it,
• 18:53
  Speaker 2: mark my word, they'll want to change the full retirement
• 18:55
  Speaker 2: age from 67 to 70 in hopes that you'll die
• 18:59
  Speaker 2: before you ever collect it. The answer always is screw
• 19:02
  Speaker 2: young people. I'm against changing retirement age at all. It
• 19:06
  Speaker 2: should remain where it used to be, 65. It's now 67.
• 19:09
  Speaker 2: I'm against making it 70. I'm totally opposed to it.
• 19:14
  Speaker 2: And put some money into it and stop penalizing young people.
• 19:19
  Speaker 2: I mean, I understand their outrage. when it comes to
• 19:22
  Speaker 2: what's going on economically. In many cases, they're upset with
• 19:25
  Speaker 2: baby boomers. They're upset because they look at the lifestyle
• 19:29
  Speaker 2: that the baby boomers lived and say, I'll never be
• 19:32
  Speaker 2: able to afford that lifestyle. I won't be able to
• 19:33
  Speaker 2: afford a home. Once again, look at how expensive health
• 19:36
  Speaker 2: care is. God forbid if you get sick. And you're
• 19:40
  Speaker 2: pointing out, look how high taxes are anymore. Look how
• 19:43
  Speaker 2: expensive everything is, including basic transportation. So you're spot on.
• 19:48
  Speaker 2: You're pretty wise.
• 19:49
  Speaker 1: For an old coot.
• 19:51
  Speaker 3: Well, you know, once in a while, I think, right?
• 19:54
  Speaker 1: Once in a while.
• 19:55
  Speaker 3: It always got me when my dad or my grandfather
• 20:01
  Speaker 3: or my wife's mom and dad, I don't understand you kids.
• 20:05
  Speaker 3: I don't understand why you don't have money.
• 20:06
  Speaker 6: In the bank.
• 20:07
  Speaker 3: Well... When was the last time you bought a pair
• 20:09
  Speaker 3: of shoes? How much did that cost? When was the
• 20:14
  Speaker 3: last time you bought clothes and stuff and food? And
• 20:18
  Speaker 3: every time the prices keep going up, I've got grandkids
• 20:22
  Speaker 3: now that they'll be running for the rest of their lives.
• 20:26
  Speaker 1: Yeah, they're in line. I mean, to a certain extent,
• 20:30
  Speaker 1: I understand their anger at baby boomers. I really do.
• 20:33
  Speaker 2: And when you people try to figure out what's up
• 20:36
  Speaker 2: with these people voting for Democrat socialism and that kind
• 20:39
  Speaker 2: of stuff, it's because they think capitalism has gotten too
• 20:42
  Speaker 2: far out of whack. I mean, I understand. You've got
• 20:45
  Speaker 2: to look at it from their perspective. It's gotten too
• 20:47
  Speaker 2: far out of whack. Rents are too high. Home prices
• 20:52
  Speaker 2: are too high. Hospitalization's too high. Everything's too expensive. Wages
• 20:57
  Speaker 2: don't keep pace. You make an excellent point.
• 21:01
  Speaker 7: Hey, my friend.
• 21:02
  Speaker 3: One of my grandkids went into the dentist to get
• 21:06
  Speaker 3: their teeth cleaned and one filling. Boom, $ 375. Right, right.
• 21:14
  Speaker 3: No insurance, $ 375. And I can remember at their age,
• 21:22
  Speaker 3: I had insurance, and all I paid was $ 5 for
• 21:26
  Speaker 3: each filling, so that cost me $ 10. Right. And you're
• 21:31
  Speaker 3: right about the medical thing. It just amazes me. And
• 21:35
  Speaker 3: I feel sorry for them, and I don't have an
• 21:38
  Speaker 3: answer for them.
• 21:39
  Speaker 2: Well, believe it or not, I'm a broken record. I
• 21:42
  Speaker 2: try to address the burden that taxes are putting on
• 21:46
  Speaker 2: young people today. Our politicians don't seem to realize it
• 21:49
  Speaker 2: because high property taxes make it difficult for young people
• 21:52
  Speaker 2: to buy a home. I mean, I'm trying to fix
• 21:54
  Speaker 2: that and battle that, but... It's falling on deaf ears.
• 21:57
  Speaker 2: Young people have a right to be pissed at the
• 22:00
  Speaker 2: baby boomer generation and society and the lot that we've
• 22:05
  Speaker 2: left them. Hey, my friend, it's great hearing your voice.
• 22:08
  Speaker 2: Thank you for calling. I appreciate your time, as always.
• 22:11
  Speaker 1: Good guy.
• 22:11
  Speaker 8: Bye-bye.
• 22:12
  Speaker 1: All right. NewsRadio 570 WKBN. You're on the air.
• 22:15
  Speaker 7: Good afternoon, Ron. I totally agree. We should not give
• 22:19
  Speaker 7: one dime, one dollar to any foreign government or any
• 22:23
  Speaker 7: foreign entity for any reason until we can put it
• 22:26
  Speaker 7: in writing. We will fund Social Security for 100 percent
• 22:29
  Speaker 7: for the rest of our lives, the retirees right now
• 22:32
  Speaker 7: and the future retirees. That's just BS to be giving.
• 22:35
  Speaker 1: Our money away. Absolutely.
• 22:38
  Speaker 2: And we give billions away every year, billions and billions
• 22:41
  Speaker 2: of dollars.
• 22:42
  Speaker 7: That's got to be put in writing in law. We
• 22:45
  Speaker 7: can't do that. We need just to fund ourselves first.
• 22:48
  Speaker 7: We come first before the rest of the world.
• 22:50
  Speaker 3: I'm sorry.
• 22:51
  Speaker 2: Did you know in the Ukraine we were paying for
• 22:54
  Speaker 2: their first responders? We were paying their retirements. We were
• 22:59
  Speaker 2: paying their small business people to keep their shops open.
• 23:02
  Speaker 2: The United States was funding all kinds of stuff. and
• 23:05
  Speaker 2: very well still could be in the Ukraine for the
• 23:09
  Speaker 2: Ukrainian citizens. And I thought to myself, but you don't
• 23:12
  Speaker 2: do that for the American citizen.
• 23:14
  Speaker 1: I remember the U.S.
• 23:15
  Speaker 2: Taxpayer was paying the pensions in the Ukraine at the
• 23:18
  Speaker 2: time Delphi workers weren't getting their pensions here.
• 23:21
  Speaker 1: It was unreal.
• 23:22
  Speaker 3: Mm-hmm.
• 23:24
  Speaker 7: I think we need to get our congressmen and senators
• 23:26
  Speaker 7: from our area especially to come on the radio with you.
• 23:29
  Speaker 7: Let's talk about this and let's see which one of
• 23:31
  Speaker 7: them or how many of them will put forth legislation
• 23:33
  Speaker 7: to guarantee this and take it before Congress, take it
• 23:36
  Speaker 7: before the Senate, and fight.
• 23:37
  Speaker 3: To get it passed.
• 23:37
  Speaker 1: Without any changes to the retirement age.
• 23:40
  Speaker 2: Because anytime they say to you, well, we're going to
• 23:43
  Speaker 2: up their age to 70, that merely says you're going
• 23:46
  Speaker 2: to die before you ever collect it.
• 23:48
  Speaker 1: And let's be realistic.
• 23:49
  Speaker 2: You can retire at 62 now and you get substantially penalized,
• 23:53
  Speaker 2: less money than if you take your Social Security at
• 23:56
  Speaker 2: 66 or 67, the full retirement age. So you get
• 23:59
  Speaker 2: substantially less. but guess what? You get more if you
• 24:03
  Speaker 2: take it at 66 or 67, but you have less
• 24:07
  Speaker 2: life ahead, too. Not everyone lives to be 90 years old,
• 24:10
  Speaker 2: for God's sakes.
• 24:12
  Speaker 7: I took mine at 66.6, and it's not a great amount,
• 24:16
  Speaker 7: but it's a decent amount. It does help out with
• 24:18
  Speaker 7: living expenses, and for them to try to cut 22%
• 24:20
  Speaker 7: is insanity. I have one other question for.
• 24:23
  Speaker 3: You, Ron. Yes, sir.
• 24:23
  Speaker 1: You live in Austin County, correct? Yes, sir, I do.
• 24:26
  Speaker 7: Did you deal with that power outage we had this afternoon?
• 24:30
  Speaker 1: I was aware of it, yeah.
• 24:32
  Speaker 7: I live over here in the Ossetown area behind the plaza,
• 24:35
  Speaker 7: and we were about 5,000 people for a good three hours.
• 24:38
  Speaker 7: But you know what? I was amazed. I'm 68 years old.
• 24:42
  Speaker 7: I was amazed at how many people were going down
• 24:44
  Speaker 7: Route 46 at Norquist. The lights were all out. They're
• 24:47
  Speaker 7: going down 46 like it's the green lights are there,
• 24:50
  Speaker 7: not even trying to slow down and stop. Same thing
• 24:53
  Speaker 7: on New Road. Whatever happened, if the lights are out,
• 24:55
  Speaker 7: you come to a four-way stop automatically. They don't teach
• 24:58
  Speaker 7: us no more, or people just don't care.
• 25:01
  Speaker 2: No, that's an excellent point you're making. In other words,
• 25:03
  Speaker 2: they don't see the lights, so they keep on going.
• 25:06
  Speaker 2: I mean, that's an excellent point. But I'm still curious
• 25:09
  Speaker 2: what caused that outage. I haven't heard. I mean, it
• 25:11
  Speaker 2: had to have something to do with a substation, didn't it?
• 25:15
  Speaker 7: I had got a little blurb on my phone, but
• 25:17
  Speaker 7: then when I checked it, it hasn't updated yet. I
• 25:19
  Speaker 7: forget what local station put it on there. It had
• 25:21
  Speaker 7: a vehicle in a utility pole. Must have been a
• 25:23
  Speaker 7: heck of a utility pole to knock out for 5,000 people.
• 25:26
  Speaker 1: For that long?
• 25:28
  Speaker 3: Yeah.
• 25:28
  Speaker 7: I think we need to get driver's training going again
• 25:30
  Speaker 7: because these people, you know, lights are out. You come
• 25:32
  Speaker 7: to a four-way stop, you don't blast through it. I
• 25:36
  Speaker 7: lose my mind seeing people driving like that.
• 25:39
  Speaker 1: Absolutely. So let me ask you the question.
• 25:42
  Speaker 2: How much do you get a month in Social Security
• 25:44
  Speaker 2: after working all your life? I just want people to
• 25:47
  Speaker 2: know it's not a lot of money, is it? It's
• 25:49
  Speaker 2: just not a lot.
• 25:50
  Speaker 7: No, it's not. And I got a pension from a
• 25:53
  Speaker 7: company I worked at, but I get $ 3, 000 a month.
• 25:56
  Speaker 7: But I got to take out almost $ 700 a month
• 25:58
  Speaker 7: just to put in for taxes at the end of
• 26:00
  Speaker 7: the year because I pay taxes on my Social Security.
• 26:03
  Speaker 7: I'm not Social Security tax-free like was promised, you know,
• 26:06
  Speaker 7: no taxes on Social Security. No, that's only to a percentage.
• 26:10
  Speaker 7: It's the same thing with no tax on tips. Only
• 26:12
  Speaker 7: up to a certain amount, then you're taxed on it,
• 26:15
  Speaker 7: you know. Yeah, nothing in this world is free, and
• 26:18
  Speaker 7: we didn't get no 100% tax-free Social Security or tax-free
• 26:22
  Speaker 7: on tips. That didn't happen. Yeah.
• 26:24
  Speaker 2: Well, there is a higher deduction you get when you
• 26:27
  Speaker 2: turn 65, and it's nothing to do with Social Security.
• 26:29
  Speaker 2: But I think that goes away in three years, just
• 26:31
  Speaker 2: like the no tax on tips and everything like that, so..
• 26:35
  Speaker 1: It'll be interesting. Let's see.
• 26:36
  Speaker 2: Thousands of First Energy customers in Mahoning County are without power. Wednesday,
• 26:41
  Speaker 2: over 5,600 customers are impacted, mostly in Austintown. The outage
• 26:44
  Speaker 2: has closed Mahoning County Court No. 4 in Austintown. First
• 26:47
  Speaker 2: Energy spokesperson said the service should be restored by 2 p.m.
• 26:51
  Speaker 2: They later made that later in the day, but they did. Oh,
• 26:54
  Speaker 2: it says following repairs at a substation. So there must
• 26:58
  Speaker 2: have been a problem at one of the substations.
• 27:00
  Speaker 6: Yeah.
• 27:01
  Speaker 1: I don't know where you heard an accent.
• 27:02
  Speaker 7: Well, it's good hearing your voice, Ron, but like I said,
• 27:04
  Speaker 7: I think we need to get our lawmakers to pass
• 27:06
  Speaker 7: some heavy laws and get everybody on driver's training again
• 27:09
  Speaker 7: so they know how to drive on the damn roads.
• 27:11
  Speaker 6: I'm sorry for saying that.
• 27:12
  Speaker 3: You got it.
• 27:12
  Speaker 7: You need to learn how to drive.
• 27:14
  Speaker 1: All right, brother. Thanks for your call. I appreciate it.
• 27:16
  Speaker 1: It's all right. You're on the air.
• 27:18
  Speaker 4: I'm a greedy capitalist. I believe the only person entitled
• 27:23
  Speaker 4: to my money is me.
• 27:25
  Speaker 1: Well, what about all them women?
• 27:29
  Speaker 4: Well, that's a different story.
• 27:33
  Speaker 2: Now, in all seriousness, when I talk about Social Security
• 27:37
  Speaker 2: being in tough economic times in less than seven years,
• 27:42
  Speaker 2: I mean, would you not agree that we give billions
• 27:45
  Speaker 2: of dollars away, we should take care of our retired
• 27:48
  Speaker 2: senior citizens and that fund and future retirees?
• 27:53
  Speaker 4: Well, I don't believe that the government... should be taking
• 27:58
  Speaker 4: care of anybody. That's why I'm a free market capitalist.
• 28:02
  Speaker 4: If people were allowed to, if people did not pay taxes,
• 28:08
  Speaker 4: they'd be able to save. And they could put money
• 28:11
  Speaker 4: in the stock market.
• 28:12
  Speaker 1: Yeah, but if you didn't pay taxes... Who's going to
• 28:14
  Speaker 1: plow your road?
• 28:15
  Speaker 2: Who's going to, when you call the cops, who's going
• 28:18
  Speaker 2: to show up at the fire departments or come out
• 28:20
  Speaker 2: and fix a water line and this kind of stuff?
• 28:22
  Speaker 2: Or run to jail to put criminals in it? I mean,
• 28:26
  Speaker 2: there is a role for government. I think we're all
• 28:29
  Speaker 2: wise enough to know we have to pay taxes in
• 28:31
  Speaker 2: a civilized society.
• 28:33
  Speaker 4: Well, there's no reason you can't have private companies do that,
• 28:41
  Speaker 4: but You know, an earlier caller, Ron, said no one
• 28:44
  Speaker 4: is a socialist, but Rich the pharmacist wants politicians to
• 28:49
  Speaker 4: outlaw the export of oil. But we've all known for
• 28:53
  Speaker 4: years that not just Rich, that he hates the free market,
• 28:59
  Speaker 4: just Republicans over 50 and many Democrats like Bernie Sanders.
• 29:04
  Speaker 4: I mean, no wonder Tucker Carlson has left the Republican Party. Now,
• 29:10
  Speaker 4: I want to correct a small mistake you made.
• 29:12
  Speaker 2: Oh, but let me correct something you said. Tucker Carlson
• 29:15
  Speaker 2: said he's had it with the Republicans, but he also
• 29:18
  Speaker 2: said that doesn't mean by any stretch of imagination he'll
• 29:20
  Speaker 2: vote for a Democrat. I don't know what that means,
• 29:23
  Speaker 2: who he's going to vote for.
• 29:24
  Speaker 1: He's concerned.
• 29:25
  Speaker 2: He thinks too many people in the Republican Party do
• 29:28
  Speaker 2: not put America first.
• 29:29
  Speaker 1: They put Israel first. I happen to read what he
• 29:33
  Speaker 1: had to say.
• 29:34
  Speaker 4: Yeah, that's why they call him an anti-Semitic Jew-hater.
• 29:38
  Speaker 3: Right.
• 29:38
  Speaker 4: Rich the pharmacist must be going nuts.
• 29:41
  Speaker 3: He can't call me a Jew-hater.
• 29:44
  Speaker 2: All right, forget what Rich the pharmacist says.
• 29:46
  Speaker 1: Concentrate on yourself.
• 29:48
  Speaker 4: But I do want to correct a small mistake you made.
• 29:53
  Speaker 4: You said that you can contribute up to $ 7, 000 to
• 29:56
  Speaker 4: a Roth. For this year, you can contribute up to $ 8, 500.
• 30:03
  Speaker 2: But would you not agree, though, I mean, any young person,
• 30:05
  Speaker 2: it's if you can afford to do so and you
• 30:07
  Speaker 2: should make sacrifices to do so. Every person 20, 30, 40,
• 30:11
  Speaker 2: 50 should have a Roth IRA, taxable money going in.
• 30:14
  Speaker 2: It grows tax-free so there are no taxes on the
• 30:18
  Speaker 2: growth when you take it out. If you do that
• 30:20
  Speaker 2: in your 20s or 30s, you can put in, I guess,
• 30:22
  Speaker 2: according to you, up to $ 8, 500. But if you can't
• 30:26
  Speaker 2: afford to do that, and I suspect most people cannot,
• 30:28
  Speaker 2: at least put in a couple thousand a year or
• 30:30
  Speaker 2: a thousand a year. Put something in every year. The
• 30:33
  Speaker 2: power of that compounding over time will be eye-opening.
• 30:38
  Speaker 4: Well, that's great investment advice, Ron, and that's why I'm anti-tax,
• 30:43
  Speaker 4: because instead of $ 8, 500, save as much as you can
• 30:49
  Speaker 4: with no limits.
• 30:51
  Speaker 3: It'll grow.
• 30:52
  Speaker 4: And I'll tell you another thing. I only put stocks
• 30:59
  Speaker 4: or bonds that pay interest in dividends in my Roth.
• 31:04
  Speaker 4: Everything else I put in individual bonds. brokerage account because
• 31:09
  Speaker 4: you're not taxed on capital gains unless you're super rich
• 31:13
  Speaker 4: and have almost $ 450, 000 in realized capital gains in a year. And, oh,
• 31:20
  Speaker 4: you know what? SpaceX, by the way, was trading below
• 31:26
  Speaker 4: its IPO price earlier today. That means now that everybody
• 31:31
  Speaker 4: that bought SpaceX as a paper loss is and Elon
• 31:35
  Speaker 4: Musk is no longer a trillionaire, that's why I would
• 31:39
  Speaker 4: tell people, if you're even thinking about buying SpaceX, now
• 31:44
  Speaker 4: is the time to call John Arnold or any certified
• 31:49
  Speaker 4: financial planner, because, Ron, SpaceX is not appropriate for everybody's portfolio.
• 31:56
  Speaker 4: People have different retirement goals and other financial goals. You know,
• 32:02
  Speaker 4: companies like this may or may not be good for you.
• 32:05
  Speaker 2: Now, I'm looking at it, what I see here, June 24th,
• 32:10
  Speaker 2: that's today, and it says it's $ 155. 28 a share. What
• 32:17
  Speaker 2: was it, the IPO, like $ 130, something like that?
• 32:20
  Speaker 4: Well, if you bought it at the pre-IPO price, but
• 32:25
  Speaker 4: I thought it sold at, The stock went public. $ 150
• 32:28
  Speaker 4: a share.
• 32:30
  Speaker 2: And the IPO price was $ 135. Hit an all-time high.
• 32:34
  Speaker 3: At $ 225.
• 32:35
  Speaker 1: Before experiencing a market pullback. There you go.
• 32:41
  Speaker 4: No, I think that's why the financial news is saying
• 32:44
  Speaker 4: that it's below the IPO price. The way it works, Ron,
• 32:48
  Speaker 4: is because I used to work for an investment banker.
• 32:53
  Speaker 4: Your best clients, they offer you, before a company goes public,
• 32:58
  Speaker 4: shares below what the IPO price will be when it
• 33:03
  Speaker 4: goes public. So, for example, SpaceX, the best clients for, say,
• 33:10
  Speaker 4: Charles Schwab or Fidelity, they will get the lower price,
• 33:17
  Speaker 4: and then when it does go public, the general public
• 33:21
  Speaker 4: will buy it at 150 a share or more.
• 33:24
  Speaker 1: You know the old cliche, buy high and sell low, right, Frank?
• 33:28
  Speaker 7: Just teasing.
• 33:28
  Speaker 2: Yeah, that's correct.
• 33:29
  Speaker 1: All right, my friend, thank you. I'll be right back.
• 33:32
  Speaker 1: News Radio 570 WKBN. All right, you're on the air. Welcome.
• 33:39
  Speaker 7: Ronald.
• 33:41
  Speaker 1: It's Ted the Conservative.
• 33:43
  Speaker 6: I put the radio on to see if the Indians
• 33:45
  Speaker 6: started yet, and I heard your voice.
• 33:48
  Speaker 2: Well, they were in a rain delay that started at
• 33:51
  Speaker 2: like 2 o'clock and it was 3 o'clock. It was
• 33:54
  Speaker 2: still going on, so we got out of that and
• 33:57
  Speaker 2: went to the program. And I'm just trying to check
• 34:00
  Speaker 2: on the status of whether or not where we are
• 34:04
  Speaker 2: in a rain delay or if they'll just postpone the game.
• 34:06
  Speaker 2: I'm trying to figure it all out, Ted.
• 34:08
  Speaker 6: I think it might get postponed, but I was surprised
• 34:11
  Speaker 6: to hear you. And then I heard a guy say socialist,
• 34:14
  Speaker 6: so I figured I would call. And repeat something I've
• 34:17
  Speaker 6: said about a month and a half ago because I'm
• 34:20
  Speaker 6: seeing that vision come to reality.
• 34:23
  Speaker 1: Oh, in New York?
• 34:25
  Speaker 2: But let me ask you this. I am really glad
• 34:27
  Speaker 2: you called. Bear with me, folks, because great minds need
• 34:31
  Speaker 2: to be. uh, ask questions. And Ted, the conservatives has
• 34:35
  Speaker 2: a great mind. I, I said to, uh, previous callers,
• 34:38
  Speaker 2: I would say this to you. I understand the young
• 34:42
  Speaker 2: generation being pissed off. And I can even understand why
• 34:45
  Speaker 2: they're going in this direction to a certain extent, because
• 34:50
  Speaker 2: the baby boomer generation made it. So they're looking in homes,
• 34:53
  Speaker 2: aren't affordable anymore. Uh, medical care costs are so ridiculously high.
• 34:58
  Speaker 2: Their wages aren't keeping up with inflation, uh, So they're saying..
• 35:03
  Speaker 7: Well, you have to remember.
• 35:04
  Speaker 6: Ron, even before all the things you just mentioned were true,
• 35:07
  Speaker 6: they were still social. So it doesn't matter what the
• 35:11
  Speaker 6: cost of living is. It doesn't matter what the price
• 35:13
  Speaker 6: of a home is. They still exist. They walk amongst us.
• 35:18
  Speaker 6: They're like... It's like an infestation you can't get rid of,
• 35:22
  Speaker 6: and they just keep multiplying. So let me say this.
• 35:27
  Speaker 6: About a month and a half ago, in the heart
• 35:29
  Speaker 6: of the Iran war, You and a lot of your
• 35:32
  Speaker 6: listeners were behaving as if we were on our deathbed
• 35:37
  Speaker 6: and we were going to lose the midterm election. And
• 35:39
  Speaker 6: I called you and said, Ron, it's the opposite.
• 35:42
  Speaker 7: We're going to.
• 35:42
  Speaker 6: Win the midterm election. That's what you did a month
• 35:44
  Speaker 6: and a half ago. And you said, Ted, what are
• 35:46
  Speaker 6: you smoking? Are you hanging out with J.J.? And I said, no,
• 35:49
  Speaker 6: I'm not hanging out with JJ.
• 35:51
  Speaker 1: You're talking about winning this coming midterms, correct?
• 35:55
  Speaker 7: Yes, yes.
• 35:56
  Speaker 6: And I'm going to repeat what you had asked me.
• 35:58
  Speaker 6: How could I say such a crazy thing?
• 36:00
  Speaker 1: Ted, how could you say such a crazy thing?
• 36:03
  Speaker 6: Well, I said this because I was not smoking with JJ,
• 36:06
  Speaker 6: and I was able to think clearly.
• 36:07
  Speaker 1: Okay.
• 36:08
  Speaker 6: And the Iran war, I was able to see it
• 36:12
  Speaker 6: very clearly, unlike most of your callers. I could see
• 36:15
  Speaker 6: what the objective was. I could read through the BS
• 36:18
  Speaker 6: that the news media is putting out there. And I
• 36:20
  Speaker 6: knew it would be over relatively soon. I knew the
• 36:24
  Speaker 6: price of crude oil would fall. What's happening? I knew
• 36:28
  Speaker 6: the dust would settle because knowing the Democrats, they'll be
• 36:32
  Speaker 6: on to the next issue. Like I told you the
• 36:34
  Speaker 6: other day, first it was up. And it was, I ran, well,
• 36:38
  Speaker 6: that's over. They don't care about that. Now it appears
• 36:40
  Speaker 6: to be the reflect.
• 36:42
  Speaker 3: Are you there?
• 36:46
  Speaker 1: All right, I hate that.
• 36:47
  Speaker 2: All right, Ted, call me back. I definitely want to
• 36:50
  Speaker 2: hear Ted the Conservative.
• 36:52
  Speaker 1: Wait a second.
• 36:52
  Speaker 8: Are you there?
• 36:55
  Speaker 1: What happened there?
• 36:56
  Speaker 2: I mean, I certainly hope I'm not having phone problems
• 36:59
  Speaker 2: like we've had in the past. Ted the Conservative, call
• 37:02
  Speaker 2: back because I want to pick his brain.
• 37:03
  Speaker 1: You're on the air. Hello. You're on the air.
• 37:12
  Speaker 9: You know, Ron, I just filled up gas at $ 3. 99.
• 37:15
  Speaker 9: I was told President Trump was going to make things
• 37:18
  Speaker 9: more affordable in this country. 89% of individuals over the
• 37:22
  Speaker 9: age of 65 are willing to tax the younger generation
• 37:25
  Speaker 9: so they can maintain their standard of living. What's going on?
• 37:30
  Speaker 2: Okay, you're the perfect caller. You know, I was asking
• 37:34
  Speaker 2: this to Ted the Conservative. Let me look at my
• 37:36
  Speaker 2: clock here. I am glad you called because I'm going
• 37:38
  Speaker 2: to ask you this question and then I'll eventually find
• 37:41
  Speaker 2: Ted the Conservative back.
• 37:42
  Speaker 1: And I want you to bear with me. Do you understand?
• 37:45
  Speaker 1: I think you brought it to my attention once.
• 37:47
  Speaker 2: You gave a dissertation why you say young people are.
• 37:51
  Speaker 1: Pissed at the baby boom generation. Did you not?
• 37:55
  Speaker 9: Many times.
• 37:55
  Speaker 7: Yes.
• 37:56
  Speaker 2: All right.
• 37:56
  Speaker 1: So and I'm kind of stealing your thunder.
• 37:59
  Speaker 2: Did you did you not say when I say we
• 38:01
  Speaker 2: sit back and say, why are these why why do
• 38:03
  Speaker 2: we see these Democrats, socialists doing so well? And did
• 38:06
  Speaker 2: you not say in many ways capitalism has failed the
• 38:11
  Speaker 2: younger generation because they can't afford a home?
• 38:15
  Speaker 1: Cars are getting too expensive.
• 38:16
  Speaker 2: Healthcare is out of control, and they're seeing their lifestyle decline.
• 38:22
  Speaker 2: I know I didn't say it as well as you did,
• 38:24
  Speaker 2: but basically you said that's why they're looking in another direction.
• 38:29
  Speaker 1: Is that, am I going?
• 38:30
  Speaker 3: For sure.
• 38:31
  Speaker 9: And not only is it that they're not doing great,
• 38:34
  Speaker 9: they're doing poorly. It's like if you're down to your
• 38:36
  Speaker 9: last $ 2, you don't put it into your Roth IRA
• 38:40
  Speaker 9: to try to get out of the hole. You do
• 38:41
  Speaker 9: something crazy like go play Keno. And that's what people
• 38:44
  Speaker 9: are doing nowadays. They don't have the money to have kids.
• 38:47
  Speaker 9: They don't have the money to buy a home. They
• 38:49
  Speaker 9: don't have the money to save for their future. And look,
• 38:51
  Speaker 9: they're getting taxed to oblivion.
• 38:53
  Speaker 1: Hang on. Don't go anywhere.
• 38:56
  Speaker 3: All right.
• 38:56
  Speaker 1: Let me do my headlines and come right back to you.
• 38:58
  Speaker 1: This should be excellent. Hang on, folks.
• 39:06
  Speaker 5: From ABC News, I'm Chuck Sebertson. There apparently was no
• 39:11
  Speaker 5: food fight, but lunch didn't go down so well for
• 39:13
  Speaker 5: some of the Republican lawmakers meeting with President Trump on
• 39:16
  Speaker 5: Capitol Hill for a midday meal today. It's a day
• 39:19
  Speaker 5: after a War Powers Act bill passed banning further military
• 39:23
  Speaker 5: action against Iran. And after many of those lawmakers expected
• 39:26
  Speaker 5: a political win-win in an election year with the president
• 39:29
  Speaker 5: signing a bipartisan affordable housing bill, Trump canceled the ceremony,
• 39:34
  Speaker 5: insisting Congress first pass his Save America Act, an election-related measure.
• 39:39
  Speaker 5: Congressman Pete Aguilar, Texas Democrat.
• 39:41
  Speaker 10: It's clear he doesn't care about the American public. It's
• 39:45
  Speaker 10: clear he doesn't care about the cost that people are facing.
• 39:47
  Speaker 10: This is a significant piece of housing legislation. Every House
• 39:50
  Speaker 10: Democrat voted for it, as you mentioned. Every Senate Democrat
• 39:54
  Speaker 10: voted for it. The only no votes were from House
• 39:57
  Speaker 10: and Senate Republicans.
• 39:58
  Speaker 5: After the lunch on Capitol Hill with Republican lawmakers, the president.
• 40:01
  Speaker 1: I think we had a really great meeting. And we're
• 40:04
  Speaker 1: very proud of the party. We like our leader. We
• 40:07
  Speaker 1: like everybody really in the room. I don't like a
• 40:10
  Speaker 1: few people, but that's okay. I think you know who
• 40:12
  Speaker 1: they are.
• 40:12
  Speaker 5: One of those might be Louisiana Senator Bill Cassidy. Sources
• 40:16
  Speaker 5: tell ABC News the meeting was tense with the president
• 40:18
  Speaker 5: frustrated over.
• 40:19
  Speaker 1: The War Powers resolution vote.
• 40:21
  Speaker 5: Sources say he and Senator Cassidy got into a shouting match.
• 40:24
  Speaker 5: Senate Majority Leader Thune and others tried to calm them down.
• 40:27
  Speaker 5: Cassidy says he is not sorry he stood up to Trump,
• 40:30
  Speaker 5: saying the president was trying to bully him. A federal
• 40:33
  Speaker 5: judge today barred Trump from implementing a proof of citizenship
• 40:37
  Speaker 5: requirement to vote and a demand that mail-in ballots be
• 40:39
  Speaker 5: received by Election Day.
• 40:41
  Speaker 1: ABC's Peter Haralambous.
• 40:42
  Speaker 8: Judge Denise Kasper wrote that the Constitution, quote, does not
• 40:46
  Speaker 8: grant the president any specific powers over elections. Separate from
• 40:50
  Speaker 8: today's ruling, Trump earlier this year signed a second executive
• 40:53
  Speaker 8: order on voting to create a national list of verified voters.
• 40:57
  Speaker 8: That policy is still being challenged in court.
• 40:59
  Speaker 5: To close, Wall Street indexes are mixed. You're listening to
• 41:02
  Speaker 5: ABC News.