Latest / Ron Verb / Tuesday 4pm hour 05/12/26

Transcript

Tuesday 4pm hour 05/12/26 · Ron Verb

0:00
Speaker 1: On NewsRadio 570, WKBN. Ron Verb from the Kingdom of
0:04
Speaker 1: Mahoning here on NewsRadio 570, WKBN. Glad you're where you are.
0:08
Speaker 1: 406 in the afternoon, 68 degrees, May 12th. All right, Frank,
0:14
Speaker 1: so what's your point on it? You were talking about
0:17
Speaker 1: inflation being high. Pick up that thought.
0:22
Speaker 2: Well, I think it's a lot higher than 3%, but
0:26
Speaker 2: here's more headline news. financial news, why the oil crisis
0:33
Speaker 2: could become a full-blown global catastrophe within only a month. Now,
0:40
Speaker 2: I also read an economist that said the good job
0:44
Speaker 2: employment numbers that drove the market higher the other day
0:48
Speaker 2: is bogus. He said that the increase in jobs is
0:52
Speaker 2: not as good as the government claims, and also that
0:56
Speaker 2: I believe if an unemployed person has not found a
1:01
Speaker 2: job in six months, he or she is no longer
1:04
Speaker 2: considered unemployed. You know how the government likes it?
1:10
Speaker 1: Yes, yes. Most of the government numbers are cooked, and
1:13
Speaker 1: they have been. You're right. It's like the person disappears.
1:17
Speaker 1: The inflation numbers aren't accurate. I don't care if it's
1:20
Speaker 1: Republicans or Democrats. They're usually low, not true inflation. And
1:25
Speaker 1: the unemployment numbers are also off. I give you the
1:28
Speaker 1: following headlines from my CNBC ticker. Here's the inflation, or no,
1:33
Speaker 1: markets raise chances for a Fed rate hike, not cut, hike,
1:39
Speaker 1: following hot inflation reports. Traders believe inflation could near 5%
1:44
Speaker 1: this year. It's not just Iran and oil, but inflation.
1:51
Speaker 1: Prices also are re-accelerating in Iran. these other areas. And
1:57
Speaker 1: I mean, as I say, the market's down today except
2:00
Speaker 1: the Dow Jones. But the reality is Trump's quote is
2:02
Speaker 1: very disturbing to me. I mean, it's not... I heard
2:07
Speaker 1: it when they asked the questions. You know, there he is.
2:10
Speaker 1: It wasn't AI-generated. I'm focused on Iran and the nuclear weapon.
2:15
Speaker 1: I'm not focused on the inflation report and basically the economy. Well,
2:22
Speaker 1: all I'm saying is, as I sat here, well, you
2:25
Speaker 1: better be focused on it. That should be your sole focus.
2:29
Speaker 1: You are hurting the American people. You can't blame this
2:33
Speaker 1: on Biden. You can't blame it on anybody. This is
2:35
Speaker 1: yours to own however this comes out. You own it.
2:42
Speaker 2: Well, you know, Ron, I want to say to the
2:44
Speaker 2: people that are pro-war, for example, G2 and others have
2:49
Speaker 2: said a great benefit of the Iran war is the
2:53
Speaker 2: end of OPEC oil monopoly. But you know, Ron, OPEC
2:57
Speaker 2: was never an oil monopoly.
2:58
Speaker 1: Yes, it was. That's nonsense. You know as well as
3:02
Speaker 1: I do. See, you're not the only old fart around here.
3:05
Speaker 1: I remember all of this stuff, too. Henry Kissinger formed OPEC,
3:09
Speaker 1: and I'll never forgive him for that. And OPEC is
3:12
Speaker 1: nothing short of collusion. which is illegal in the United States.
3:16
Speaker 1: They collude together as oil-producing countries on how much they'll
3:21
Speaker 1: produce and how much they'll put on the market to
3:24
Speaker 1: manipulate prices. I don't understand why that's okay to do
3:28
Speaker 1: it with OPEC and why Kissinger and everybody was saying
3:32
Speaker 1: this is illegal in the United States. If all the
3:34
Speaker 1: steel companies got together, car companies and colluded, it would
3:37
Speaker 1: be illegal. But somehow it was okay for this to
3:40
Speaker 1: happen with the oil countries. And you got a nick
3:43
Speaker 1: in the armor with the UAE and some of these
3:46
Speaker 1: countries that are saying we're not following this anymore. I
3:49
Speaker 1: would love to see OPEC disintegrate. I have zero respect
3:53
Speaker 1: for it at all.
3:54
Speaker 2: Well, that's another debate, but let me say, how about today?
3:59
Speaker 2: How can you have a global oil monopoly when the
4:02
Speaker 2: largest temporary producer of oil, the United States, is not
4:07
Speaker 2: part of your monopoly?
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Speaker 1: Well, right, but it's still, I'm just giving you the
4:14
Speaker 1: reality that it is a monopoly there in the the
4:18
Speaker 1: Middle East.
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Speaker 2: Now, let me make another point about it.
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Speaker 1: Well, you're trying to get on my nerves with all
4:23
Speaker 1: these points because I've got to take some other calls.
4:25
Speaker 1: That's it for today. All right. Fort Lauderdale, Frank, you're
4:29
Speaker 1: on the air.
4:31
Speaker 3: Hey.
4:32
Speaker 4: Hi, Ron.
4:34
Speaker 1: Well, let's get some insight from the guru of Gerard.
4:39
Speaker 5: Well, you know, him saying that He's saying it's going
4:47
Speaker 5: to come down. It's going to come down. It's kind
4:50
Speaker 5: of like the word, like this inflation is transitory.
4:54
Speaker 1: Yes.
4:57
Speaker 5: Just said in Trumpese.
5:01
Speaker 1: Well, that's what Biden, remember what Biden and his, and his, uh,
5:05
Speaker 1: the fed chair said that what the hell was her name? I,
5:08
Speaker 1: she said that old Janet Yellen, that old battle X. Oh,
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Speaker 1: this is inflation. It's just transitory. Absolute, totally false. It
5:17
Speaker 1: went on for years. What a crock of crap.
5:19
Speaker 5: I feel like there's no difference. That's what I'm saying there. Again,
5:23
Speaker 5: it keeps reminding me, this whole thing is everybody running around,
5:27
Speaker 5: stacking the chairs on the Titanic. It'll be the last
5:31
Speaker 5: chair that goes down. It's got systematic problems.
5:39
Speaker 1: Well, all I'm trying to do is listen. I'm not
5:43
Speaker 1: a cheerleader, as I say, and I know you're not.
5:46
Speaker 1: I'm not here to say Trump can do no wrong
5:49
Speaker 1: and Democrats can do no right. I just don't partake
5:53
Speaker 1: in that. Then it becomes ridiculous. I voted for Trump.
5:57
Speaker 1: I would vote for him over any Democrat. I won't
5:59
Speaker 1: vote for Sherrod Brown. I'll vote for the Republicans. Make
6:02
Speaker 1: no mistake about it. But I can sit here and say,
6:06
Speaker 1: what's happening economically right now, Trump, you own it. Your decisions...
6:12
Speaker 1: I can't even imagine where the economy would have been
6:14
Speaker 1: if we never started this deal in Iran. I mean,
6:17
Speaker 1: we were at, what, $ 2. 50 a gallon. Inflation was going down.
6:21
Speaker 1: Everything was going in the right direction. Everything. And I
6:27
Speaker 1: wonder where our economy would be right now if he
6:29
Speaker 1: never screwed with this situation in Iran. And now to
6:33
Speaker 1: see what's happening, I ask this of you, and then
6:37
Speaker 1: the put that statement out of that comment out at
6:39
Speaker 1: three o'clock like i'm solely focused on on this will
6:42
Speaker 1: you better be focused on what's affecting your americans and
6:45
Speaker 1: why they gave the last administration boot your thoughts i'll sit.
6:48
Speaker 5: Back okay i agree with most which is that the
6:53
Speaker 5: one thing we said i'd never vote for a democratic
6:55
Speaker 5: wish you start to say at least added i'd never
6:59
Speaker 5: vote for a democratic no currently no okay because As
7:04
Speaker 5: you see, I think Republicans and Democrats, they both got problems.
7:07
Speaker 1: Yes.
7:07
Speaker 5: If somebody comes along, I don't care what party they're from.
7:11
Speaker 5: I'm also really worried. Artificial intelligence is unbelievable, Rod. And
7:21
Speaker 5: it's just being introduced. And I think right now there's
7:29
Speaker 5: a window of opportunity where it's learning from us, so
7:32
Speaker 5: it cares what we have to say. And it gives
7:35
Speaker 5: it to us for free. But the minute that it
7:38
Speaker 5: learns enough and we no longer offer anything interesting, anything
7:41
Speaker 5: we want from it, we will have to pay dearly for.
7:44
Speaker 5: That will mean that certain people will have it and
7:48
Speaker 5: certain will not. And I think that's going to be
7:51
Speaker 5: a big problem. That's one thing I've got on my mind.
7:53
Speaker 5: And the second is..
7:56
Speaker 1: Well, let me ask you. You're a computer guy. I mean,
7:59
Speaker 1: do you buy it that they're saying within the next
8:02
Speaker 1: three years you could eliminate 50% of white-collar jobs that
8:05
Speaker 1: we're not talking?
8:05
Speaker 5: Well, let me explain. Let me explain something. So for
8:09
Speaker 5: a very short period of time, Ron, we have this
8:13
Speaker 5: free technology because the tradeoff is their learning course. I
8:18
Speaker 5: was displaced by AI. I mean, you know, I'm a contractor.
8:22
Speaker 5: I come and I go, and the cycle went where
8:25
Speaker 5: I was leaving, and AI was coming in, and I
8:28
Speaker 5: started to realize, Yeah, I don't even think my job
8:30
Speaker 5: exists anymore.
8:31
Speaker 1: All right, Ken, now I'm going to ask you some
8:33
Speaker 1: personal questions, and you can answer or not answer. You
8:36
Speaker 1: have the right to remain silent. You wouldn't mind putting
8:38
Speaker 1: your hand on a Bible, I can swear you. But
8:41
Speaker 1: just kidding, okay. I'll have a brown cup instead. Right, okay.
8:46
Speaker 1: Here's my questions for you.
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Speaker 5: Yeah.
8:48
Speaker 1: All right, and I'm not looking for specifics. But would
8:51
Speaker 1: it be fair to say, and just answer my questions, please,
8:54
Speaker 1: that I ask you. Would it be fair to say
8:57
Speaker 1: that you made a substantial income with the knowledge that
9:00
Speaker 1: you had in the computer business?
9:02
Speaker 4: Yes.
9:04
Speaker 1: Would it be fair to say that as a result
9:09
Speaker 1: of AI, the work that you did that made you
9:15
Speaker 1: a good living... has been eliminated by technology?
9:21
Speaker 5: Not completely.
9:22
Speaker 1: What percentage would you say of the work that you do,
9:25
Speaker 1: that you made a good living at, has been eliminated
9:28
Speaker 1: by AI?
9:32
Speaker 5: So far, I'm thinking maybe 20, 25 percent, and potentially 50,
9:39
Speaker 5: depending on what you're doing. I mean, AI right now
9:42
Speaker 5: doesn't come for free.
9:44
Speaker 1: All right, but just answer my questions. I just want
9:45
Speaker 1: to get this. So you're telling all of us, based where.
9:47
Speaker 5: You are today, that 25% of your work has been eliminated.
9:50
Speaker 1: By technology, by AI, that's doing the work that you
10:02
Speaker 1: used to do. And you're saying that you believe, just
10:05
Speaker 1: answer my questions, please. Do you feel that the other 25%,
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Speaker 1: totaling 50%, will be eliminated within the next three years?
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Speaker 5: Yes, but let me just say this. I'm doing more things.
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Speaker 1: All right. I'm not asking you if you're expanding what
10:26
Speaker 1: you're doing into other areas. I'm merely asking you if
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Speaker 1: what you've done and continued to do that made you
10:34
Speaker 1: a good living, that 50% of that is being eliminated
10:38
Speaker 1: by AI technology. Would that be an accurate statement?
10:44
Speaker 4: Yes.
10:46
Speaker 1: And then would this be an accurate statement?
10:48
Speaker 2: Yes.
10:48
Speaker 1: That you have to change your direction into another area
10:57
Speaker 1: to go to an area that has not yet been
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Speaker 1: affected by AI. Would you agree with that statement?
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Speaker 5: Potentially, unless you're one of these people that learns how
11:08
Speaker 5: to use AI.
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Speaker 1: I'm merely asking you the question on you being able
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Speaker 1: to make a living.
11:15
Speaker 5: If your job is information-related in any way, then I
11:19
Speaker 5: think that it's going to be affected by it.
11:21
Speaker 1: Do you believe that 50% of the white-collar jobs will
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Speaker 1: be affected and or eliminated within the next three years
11:31
Speaker 1: based on AI? Yes or no?
11:35
Speaker 5: There might be more. No, but maybe because.
11:40
Speaker 1: Well, there's a solid answer.
11:41
Speaker 5: I'm not sure how much hype there is yet.
11:43
Speaker 1: There's a solid answer. Yeah, but maybe. Okay, here's my
11:47
Speaker 1: next one. Final question. No, because then it just takes
11:51
Speaker 1: up too much time here. No, because it just does. So, well,
11:58
Speaker 1: it does. Stop your belly aching. I'm trying to get
12:00
Speaker 1: to the bottom of it. Final question. Do you feel
12:05
Speaker 1: that as AI is being portrayed right now, it's being undersold,
12:09
Speaker 1: not oversold, as far as its potential and what it
12:15
Speaker 1: can do?
12:17
Speaker 5: That's what I was telling you. I'm not sure. I
12:18
Speaker 5: think it could be undersold, but it also might be,
12:22
Speaker 5: you know, there might be limits that they're not talking
12:24
Speaker 5: about yet.
12:25
Speaker 1: Okay, so some of these answers are iffy, yes or no,
12:29
Speaker 1: because I would answer my own question. Yes, I think
12:32
Speaker 1: it's undersold, not oversold. And I think it's far better.
12:36
Speaker 5: Taxes and AI are to appreciate, at least I think.
12:40
Speaker 1: Well, I'm not sure if I'm done questioning you just yet. But,
12:45
Speaker 1: you know, I mean, you just squirmed because you said, well, yes, maybe,
12:50
Speaker 1: I don't know. You know, these are yes or no questions.
12:52
Speaker 5: It's just my opinion.
12:54
Speaker 1: Yeah, well, that's what, wait a second. What do you
12:56
Speaker 1: mean you don't know everything? It's your business. It's how
12:59
Speaker 1: you make your living. You know a hell of a lot.
13:03
Speaker 1: You know a lot more than most.
13:05
Speaker 5: Every three or four years, I have to retool because,
13:08
Speaker 5: like I said, my job is I successfully deliver a system.
13:12
Speaker 5: It's time to find a new contract. You're keeping up
13:16
Speaker 5: your writing.
13:18
Speaker 1: Do you think your income can suffer substantially in the
13:23
Speaker 1: years to come? Your phone's breaking up. I'm going to
13:30
Speaker 1: ask that question again. Do you think your income can
13:33
Speaker 1: change substantially lower than what you're used to based on technology?
13:42
Speaker 5: Because I was thinking yes.
13:45
Speaker 1: All right. Well, you said yes because I believe it will.
13:48
Speaker 1: I believe it will, too. I believe that will happen
13:51
Speaker 1: to you.
13:51
Speaker 5: But I started learning AI and using it. And basically,
13:57
Speaker 5: if you want to learn AI, you've got to find
13:58
Speaker 5: a problem and use it, right?
13:59
Speaker 1: Right.
14:00
Speaker 5: What's the biggest problem you talk about all the time
14:03
Speaker 5: is the size and duplicity of government, right, especially in
14:06
Speaker 5: our area. And I started, actually, I said to AI, okay,
14:12
Speaker 5: how would you potentially, if not regionalize the place, you know,
14:17
Speaker 5: reduce duplicity? And it just started, I mean, it's amazing.
14:23
Speaker 5: You should see the stuff that I'm doing, that eventually,
14:26
Speaker 5: if our data is all messed up, That's why, you know,
14:29
Speaker 5: they do it this way. Someone does it this way.
14:31
Speaker 5: They don't call the same thing. They name streets by
14:33
Speaker 5: nicknames instead of how they're, like, referenced in the real world.
14:37
Speaker 5: And so if you go through and you use AI
14:40
Speaker 5: to clean all that up, now we're, like, on par
14:43
Speaker 5: with anything. You can make decisions. You can eliminate duplicity
14:49
Speaker 5: in services. Ron, I made..
14:52
Speaker 1: Let me tell you what I think the benefits of
14:55
Speaker 1: AI will be, Mr. Computer Savvy.
14:59
Speaker 6: Okay.
14:59
Speaker 1: As you battle on with that, that makes no sense.
15:02
Speaker 1: Here's the benefits of AI. I can't imagine what will
15:07
Speaker 1: happen in the medical field that could be life-changing for
15:12
Speaker 1: everybody listening with procedures that are yet to be perfected.
15:19
Speaker 1: Let's put it that way. I think in the medical.
15:21
Speaker 5: Field, and I think in the– I can't go with
15:23
Speaker 5: that this morning, if you want to know. All right.
15:25
Speaker 1: Hang on. Hang on. Back with him and more in
15:27
Speaker 1: a minute. Youngstown's News, Weather, and Talk Station, 570 WKBN.
15:33
Speaker 1: All right, pay attention. We're on News Radio 570 WKBN.
15:50
Speaker 1: I'm just saying that the benefits that you'll see from AI,
15:54
Speaker 1: all the evil that we talk about, there are benefits
15:56
Speaker 1: that will happen, I believe, medically that can be life changers.
15:59
Speaker 1: And I do mean life changers that will benefit many
16:04
Speaker 1: people as far as diagnoses and procedures. And I also
16:10
Speaker 1: believe that it would be an excellent way to stop
16:13
Speaker 1: all this corruption if government embraces it, being able to
16:16
Speaker 1: check for the fraud that's going on. Because AI will
16:19
Speaker 1: be able to sort through dual addresses and be able
16:23
Speaker 1: to identify the billions in stealing that's going on in
16:26
Speaker 1: the federal government and state governments. But you said you
16:29
Speaker 1: had benefited medically. Tell me on your lobotomy.
16:32
Speaker 5: I mean, okay. Well, that helped too. But the drug
16:38
Speaker 5: I was injected with was used AI to examine the
16:44
Speaker 5: DNA of the tumor and that I had, and it
16:47
Speaker 5: was designed to fight that type of tumor. That's one use.
16:54
Speaker 5: I go for a scan all the time, right? And
16:56
Speaker 5: I have, you know, my chart, and it comes before
16:59
Speaker 5: you even go see your doctor. It comes to you now.
17:04
Speaker 5: And so, you know, because I generally, like, I drive
17:06
Speaker 5: up to Cleveland. So anyway, I throw, I take the
17:11
Speaker 5: results from it, and I threw it into Claude, and
17:14
Speaker 5: I said, what's up? Everything that thing said was word
17:18
Speaker 5: for word what my doctor said, and she's a very
17:20
Speaker 5: good doctor.
17:22
Speaker 1: Either that or she knows how to use AI, too.
17:25
Speaker 5: Right.
17:26
Speaker 1: She might not be that good a doctor, but she
17:28
Speaker 1: understands technology.
17:30
Speaker 5: Well, I think she is actually a good doctor, but still,
17:35
Speaker 5: you said how, you know, I said I dealt with
17:37
Speaker 5: that this morning, right? Like, I think the fact that
17:43
Speaker 5: I'm still here is because of it. And a lot
17:46
Speaker 5: of people, it's not just me. That's why I even
17:49
Speaker 5: asked her today. I was like, so what's the results
17:52
Speaker 5: of this drug? You know, she said, you're experiencing what
17:57
Speaker 5: we expect. Right.
17:59
Speaker 1: But I mean, there's the bad side and the good
18:02
Speaker 1: side of AI, and there will be good things that
18:04
Speaker 1: will benefit people. And the future, I would like to think,
18:09
Speaker 1: is tomorrow is always better than today. So there will
18:13
Speaker 1: be benefits from AI. There's a fear factor of AI
18:16
Speaker 1: and what it could do job-wise. But we shall see.
18:20
Speaker 1: These changes are coming very, very, very rapidly. What was it?
18:25
Speaker 1: Facebook met a can 10,000 people replaced with AI. That's
18:29
Speaker 1: just the beginning. So you're going to see a lot
18:31
Speaker 1: of that. Yeah. My question always is, we're a consumer economy.
18:36
Speaker 1: If we have a lot of people losing jobs and
18:39
Speaker 1: they are unable to find ones close to what they
18:43
Speaker 1: had or economically what they've had, it hurts the consumer-driven economy.
18:48
Speaker 1: It can hurt Social Security and what's being paid into it.
18:51
Speaker 1: There's some troubling issues, too. But that's all the time
18:53
Speaker 1: I have for you today. This isn't AI. This is RV.
18:57
Speaker 1: I've got to go. Okay? Thank you. From the kingdom
19:03
Speaker 1: of Mahoney, Ron Furb, back after this. News Radio 570, WKVN.
19:11
Speaker 1: Sometimes it's like pulling teeth with Michael, you know, the
19:14
Speaker 1: guru of Gerard there. Just answer yes or no. I
19:19
Speaker 1: tell you, you're on air.
19:21
Speaker 3: Did he give you an AI, Captain?
19:23
Speaker 1: Yes, he did.
19:25
Speaker 3: Wow, that was pretty good. Hey, Ron, you know, we're
19:28
Speaker 3: all in this together. Just pulling an Amy Acton quote
19:31
Speaker 3: for you there from 2020.
19:32
Speaker 1: Until she quit. Don't forget, she quit.
19:38
Speaker 3: Yeah. We're going to be all in it together, too,
19:40
Speaker 3: and you know what it's going to be. But, you know, inflation,
19:45
Speaker 3: you're talking about that. And it's just a system we're in.
19:49
Speaker 3: I mean, I... not going to be a cheerleader for Trump.
19:51
Speaker 3: I would just like you had never voted for Kamala Harris,
19:54
Speaker 3: Joe Biden or any one of them.
19:56
Speaker 1: And as critical as we can be of Trump doesn't
19:58
Speaker 1: mean we'll vote for a Democrat or Sherrod Brown. We're
20:00
Speaker 1: not idiots. But I hope you heard that quote at
20:03
Speaker 1: three o'clock in the news. It was deeply troubling to me.
20:06
Speaker 3: It is, but I'll tell you, there is nothing that
20:09
Speaker 3: Donald Trump can do or the next president or the
20:12
Speaker 3: many that have come before him that are going to
20:14
Speaker 3: do anything with the rate that we're going in right now.
20:17
Speaker 3: Don't forget, even if inflation is better, we're still planning.
20:22
Speaker 3: The system is designed for you to lose 2% every
20:25
Speaker 3: single year. Now, what happens when you lose 2% every
20:28
Speaker 3: single year over your lifespan, Ron? And, you know, everybody
20:31
Speaker 3: complains about, oh, the younger generation, they can't buy a house.
20:35
Speaker 3: They're not the same as the older generation. They don't
20:36
Speaker 3: work as hard. You know, I keep hearing that. You
20:39
Speaker 3: talk about, you said on the show today, you know,
20:41
Speaker 3: the old fart and the old battle ax. And that's
20:44
Speaker 3: who I blame for the issue and the problem that
20:46
Speaker 3: we're in right now. Look at what's been going on
20:48
Speaker 3: all these years. You know, everybody who's older complains, complains, complains.
20:52
Speaker 3: But look at the system that you got to be in.
20:54
Speaker 3: All you had to do was just own assets. nobody
20:57
Speaker 3: my age has a pension. Nobody knows what the heck
20:59
Speaker 3: that even is under the age of 40 after people
21:02
Speaker 3: out there. All right. You had 10 people paying into
21:05
Speaker 3: Medicare for you to get it. Now I've got two.
21:07
Speaker 3: You can't go buy a house. Everybody else has had
21:10
Speaker 3: a house for all these years. You bought it for
21:11
Speaker 3: $ 30, 000 and now it's worth $ 450, 000. Do you know why
21:16
Speaker 3: people aren't in the streets riding because of inflation? Because
21:19
Speaker 3: some people are benefiting from it. If you own property,
21:22
Speaker 3: if you own homes, if you own stocks, You've watched
21:26
Speaker 3: them go up because of inflation. Your house has not
21:28
Speaker 3: produced you any income since you bought.
21:30
Speaker 4: It in 1980.
21:31
Speaker 3: It has gone up in value because the dollar has
21:34
Speaker 3: gone down in value. So we can say, you know, Trump,
21:38
Speaker 3: he could do a lot of different things. I don't
21:40
Speaker 3: think the war is helping with gas prices, obviously. It
21:42
Speaker 3: doesn't take a genius to know that. It doesn't take
21:44
Speaker 3: a genius to know that gas prices going up makes
21:46
Speaker 3: things cost more. But until we stop producing more money
21:50
Speaker 3: and printing more money and have it designed to lose 2%
21:53
Speaker 3: a year... This will never get fixed. It's the problem
21:56
Speaker 3: that we're in. It's just at what rate is it going,
21:59
Speaker 3: and in the last six years, it's gone exponential. So, yes,
22:03
Speaker 3: there are presidents that could do a worse job than others,
22:05
Speaker 3: but it's always going to be like this, and it's
22:07
Speaker 3: going to keep getting worse. And the problem is, again,
22:10
Speaker 3: there's a lot of people who complain about it, but
22:12
Speaker 3: there's a heck of a lot of people who are
22:14
Speaker 3: benefiting from it. It's just like the federal government. They
22:17
Speaker 3: want inflation because it's just devaluing all the debt we have.
22:20
Speaker 3: They're inflating the debt away. You just keep printing into
22:23
Speaker 3: oblivion so that your debt goes away. You know what
22:26
Speaker 3: would happen right now if we actually went in the
22:28
Speaker 3: opposite direction and we went into deflation? Our entire economy
22:32
Speaker 3: would completely shut down. Inflation is there so that the
22:36
Speaker 3: system keeps moving so that you perpetually keep getting screwed.
22:40
Speaker 3: The only thing is it's harder and harder for people
22:42
Speaker 3: just starting in the system. You know, you used to
22:44
Speaker 3: be able to just work really hard, and.
22:46
Speaker 5: I get it.
22:46
Speaker 3: You can go out and be a plumber, too. But
22:48
Speaker 3: at the end of the day, you can't be a
22:49
Speaker 3: plumber and have five kids like you used to have
22:52
Speaker 3: back in the day. Because if you have five kids now,
22:54
Speaker 3: you're either a professional athlete or you're on the dole. And,
22:58
Speaker 3: I mean, there's so many issues and problems, and you
23:01
Speaker 3: guys just hit the nail on the head, too, with AI,
23:03
Speaker 3: and that's going to change things moving forward. But until
23:06
Speaker 3: we get some accountability, look at the fraud that just
23:09
Speaker 3: came out in Ohio with Medicaid. Two places in one
23:13
Speaker 3: zip code around Columbus that are four miles apart had
23:16
Speaker 3: like 40% of all of Medicaid spending? Are you, like,
23:21
Speaker 3: blows my mind. I want somebody to have, the thing
23:24
Speaker 3: I keep coming back to is consequences for something or anything.
23:28
Speaker 3: Until somebody on the state level or the federal level
23:31
Speaker 3: spends their entire life behind prison bars, nothing will get fixed.
23:36
Speaker 3: Because the system is designed, just like Elon Musk tried
23:39
Speaker 3: to get all the fraud, the system is designed for
23:41
Speaker 3: the fraud to be there. I heard the other day
23:43
Speaker 3: that if we even knew how to cancel all the
23:46
Speaker 3: fraud and stop it tomorrow, we couldn't because it would
23:49
Speaker 3: actually crater the economy. Because part of our economy in
23:53
Speaker 3: this country is actually fraud. That's what keeps things moving.
23:57
Speaker 3: It's that bad. And so when you get into a
24:00
Speaker 3: system like that, how do you stop it?
24:02
Speaker 4: I have no idea.
24:05
Speaker 1: I'll tell you how you stop it. I think AI
24:09
Speaker 1: can stop it because it can double check on addresses
24:12
Speaker 1: and duplication and can sniff this stuff out much more efficiently.
24:17
Speaker 1: Let me back up for a minute. You know what
24:19
Speaker 1: I've said in the past about Elon Musk. Elon Musk
24:22
Speaker 1: was doing a great job with Doge. It no longer
24:24
Speaker 1: exists because the Democrats destroyed Elon Musk. The Democrats support Doge.
24:31
Speaker 1: They supported it because they attacked him as Hitler. They
24:35
Speaker 1: attacked him, his dealerships. They supported violence against his dealerships,
24:40
Speaker 1: the firebombs. And this is the Democrats, the firebombing of
24:43
Speaker 1: his dealerships, the scratching of the consumers' cars. They supported
24:51
Speaker 1: all of the crap to drive Elon Musk crazy. his
24:54
Speaker 1: stock going down out of his job in Washington to
24:57
Speaker 1: fix this fraud. They supported all of it, and they
25:00
Speaker 1: were successful. Would you agree with that?
25:03
Speaker 5: They were.
25:04
Speaker 3: They were 100% successful.
25:05
Speaker 1: Because he left. They called Trump.
25:07
Speaker 3: Hitler because he was Hitler. They didn't want people to
25:09
Speaker 3: kill him because he was Hitler. They wanted to call
25:11
Speaker 3: him Hitler so they could have an excuse to kill him.
25:13
Speaker 1: But they got rid of Elon Musk, and Doge came
25:15
Speaker 1: to a screeching halt. And remember early on when they
25:18
Speaker 1: were saying there could be $ 2 trillion... of fraud a
25:23
Speaker 1: year in America. And they derailed it all to say, okay,
25:28
Speaker 1: so let's see. Your tax dollars would go to these
25:32
Speaker 1: non-government agencies that were headed by a bunch of political
25:35
Speaker 1: cronies that would pay themselves huge salaries and hire staff
25:39
Speaker 1: and everybody got paid well. They would take some of
25:41
Speaker 1: their money and contribute it back to the Democrat Party.
25:45
Speaker 1: And then they would take some of it and look
25:48
Speaker 1: at some... transgender thing in vietnam or some nonsense like
25:53
Speaker 1: that so he was exposing all of this and he
25:56
Speaker 1: had to be stopped by the democrats because it stops
26:00
Speaker 1: the money from going back to keep him in power
26:03
Speaker 1: it continues to screw the taxpayer they destroyed the guy
26:06
Speaker 1: by destroying his dealerships so they got rid of him
26:09
Speaker 1: so now we take a look at minnesota and tampon
26:13
Speaker 1: tim and it looks like the feds are cracking down
26:16
Speaker 1: on this stuff they're going in and dealing with it
26:19
Speaker 1: people are getting arrested trial's got to take place. But
26:23
Speaker 1: I can also say, forget Tampon Tim, look at DeWine
26:27
Speaker 1: and how he's looking the other way. I'm with you.
26:29
Speaker 1: Why isn't our auditor, why hasn't he been on top
26:32
Speaker 1: of the fraud, the billions that have been wasted in Ohio?
26:36
Speaker 1: Where is our Attorney General? as far as the billions
26:39
Speaker 1: that have been wasted in Ohio. Where was the double
26:41
Speaker 1: checking on all of this? We have the same incompetence,
26:44
Speaker 1: whether they're Republicans in Minnesota or Democrats in Minnesota, Republicans here,
26:49
Speaker 1: the same damn incompetence going on here. So when that
26:53
Speaker 1: guy calls and says, look at the billions being wasted,
26:58
Speaker 1: $ 45 billion a year in what, Medicaid in Ohio? So
27:03
Speaker 1: we got half of our budget going out in Medicaid.
27:07
Speaker 1: Look at all the fraud. And remember the caller that said, well,
27:11
Speaker 1: that fraud could have been used to support our schools
27:13
Speaker 1: and lower our property taxes. Well, he's damn right. But
27:17
Speaker 1: the people that could do anything about it weren't paying attention.
27:20
Speaker 1: And thank God for Nick Shirley and the Nick Shirley
27:24
Speaker 1: people that are trying to solve this and bring it
27:27
Speaker 1: to everybody's attention and fix this damn problem.
27:32
Speaker 3: It's either fraud or incompetence, and either one is not acceptable.
27:36
Speaker 3: I don't know if the Republicans are in control of
27:39
Speaker 3: the Ohio Congress and Senate. Bring articles of impeachment against DeWine.
27:43
Speaker 3: You want to show that you're not partisan? If he's
27:45
Speaker 3: not doing his job, or those he's appointing aren't doing
27:47
Speaker 3: their job, somebody needs to pay the consequences for it.
27:49
Speaker 3: Because what's the average IQ of a Somali refugee in Ohio?
27:54
Speaker 3: I don't think it's very high. They're not doing this
27:56
Speaker 3: on their own, okay? You don't come over to a
27:58
Speaker 3: foreign nation and scam the country out of billions of
28:01
Speaker 3: dollars doing it on your own. So somebody else is
28:04
Speaker 3: doing this and helping them do it. Find out who
28:07
Speaker 3: it is. I don't think, and you hit the nail
28:09
Speaker 3: on the head too, AI might help find some of
28:12
Speaker 3: this fraud, but AI also might help hide a lot
28:15
Speaker 3: more of it too because it's only as good as
28:17
Speaker 3: the person whose hand it's in.
28:19
Speaker 1: Yeah, but I mean, okay, so I back up with you.
28:22
Speaker 1: Where were the inspectors to go out to these addresses
28:24
Speaker 1: that didn't have, in Minnesota, Ohio, whatever, this hospice that
28:29
Speaker 1: didn't have any patients and was getting all this money
28:32
Speaker 1: or the leering centers or the transportation centers? or the
28:37
Speaker 1: screwing of Medicaid in Ohio. And that includes, incidentally, all
28:42
Speaker 1: these drug rehab places that get your money as well.
28:46
Speaker 1: Where is the feet-on-the-ground inspection to look at, does this
28:50
Speaker 1: place exist? Are there patients? To actually go out and
28:54
Speaker 1: see where all this money is going. Where's the double-checking?
28:58
Speaker 1: Where is our Secretary of State? Where is the Attorney General?
29:02
Speaker 1: Where is the Governor?
29:04
Speaker 3: Well, when the state screws up with all of this, okay,
29:07
Speaker 3: the state can't print its own money. So they've got
29:10
Speaker 3: to get the money from somewhere. So that's what they're
29:11
Speaker 3: going to do in raising your taxes. So you're just
29:14
Speaker 3: going to keep working harder and giving more to fraud.
29:17
Speaker 3: I love when I go to work for eight hours
29:19
Speaker 3: a day, and the first two hours of my day
29:21
Speaker 3: are to pay for Somali refugees scamming people out that
29:24
Speaker 3: actually need the money. Or it's just my money. I
29:26
Speaker 3: trade my time for money. That's what I do at work.
29:29
Speaker 3: I don't volunteer.
29:30
Speaker 1: Wait, that Somali refugee who's come here... and steals millions
29:37
Speaker 1: of dollars more than you'll make in a lifetime.
29:41
Speaker 3: Well, don't cut me short there, Ron.
29:44
Speaker 1: It's true, though. They'll steal more than you'll make. I mean,
29:49
Speaker 1: it's ridiculous. They're sending a million dollars back to their
29:51
Speaker 1: country in a suitcase every damn day.
29:54
Speaker 3: So, see, this is why, again, this bill going through
29:58
Speaker 3: the Senate right now. You might be hearing it. I
29:59
Speaker 3: don't know if you watched. Who's the one that Denny
30:03
Speaker 3: is obsessed with on Sundays?
30:05
Speaker 1: Oh, my God. Isn't it interesting? Maria Bartiromo.
30:09
Speaker 5: Maria Bartiromo.
30:10
Speaker 3: She had on Bernie Moreno Sunday morning. You should go
30:14
Speaker 3: back and watch it because he's the biggest proponent of
30:16
Speaker 3: the Clarity Act. So what it's going to do is
30:18
Speaker 3: if this goes through, it's going to help way more
30:21
Speaker 3: with waste, fraud, abuse than anything else because it will
30:23
Speaker 3: put the U.S. dollar on a blockchain, which is fully
30:27
Speaker 3: audible and transparent. They're trying to push this through even
30:30
Speaker 3: further now because Iran, they're trying to get rid of
30:32
Speaker 3: and go around a lot of sanctions evasion. through stable coins.
30:36
Speaker 3: So once this goes through, we'll be able to actually
30:38
Speaker 3: crack the whip a little bit more, even with the U.S. dollar.
30:41
Speaker 3: But that's what you need more than anything, is transparency.
30:44
Speaker 3: Because I can't go out myself after I get home
30:47
Speaker 3: from work and go find Somalian Medicaid fraud in Columbus
30:51
Speaker 3: in a four-story building somewhere. But I sure can get
30:56
Speaker 3: on the internet and do an audit on a blockchain,
30:58
Speaker 3: just like anybody else can at any point in time.
31:01
Speaker 3: So when a lot of people could do it, it
31:03
Speaker 3: cuts back on the people that even say, hmm, can
31:05
Speaker 3: I even get away with this? When you can't even
31:08
Speaker 3: get away with it, it makes the fraud harder. So, yeah,
31:11
Speaker 3: there's so many layers to the onion right now, it's
31:13
Speaker 3: hard for people to get through. So when you talk
31:15
Speaker 3: about somebody going and knocking on the door at the
31:17
Speaker 3: Medicaid office, you think the government employee who's going to
31:20
Speaker 3: go and rile up feathers and say, I'm going to
31:22
Speaker 3: get rid of my pension so that I can bring
31:24
Speaker 3: something to light and probably get fired for it? Yeah,
31:27
Speaker 3: I don't think so.
31:27
Speaker 1: All right, let me ask you this, Einstein, okay? Are
31:30
Speaker 1: you ready?
31:31
Speaker 6: Uh-huh.
31:33
Speaker 1: So you heard Trump's comments, or what I paraphrased, where
31:36
Speaker 1: he said at 3 o'clock, listen, I'm solely focused on
31:39
Speaker 1: Iran if they've got a nuclear weapon. I'm not thinking
31:42
Speaker 1: about inflation and gas prices. So that's got to have
31:47
Speaker 1: a big effect on... People, when they hear that, because
31:51
Speaker 1: they're saying, well, you might not be focused on it,
31:54
Speaker 1: but we sure as hell are focused on it and
31:56
Speaker 1: what it's doing to us economically as individuals. And that's
32:00
Speaker 1: why we elected you. So I want you to keep
32:02
Speaker 1: that in mind because I want your reaction to it.
32:04
Speaker 1: In addition to these headlines from CNBC, it's not just
32:08
Speaker 1: Iran and oil. but inflation going up. Prices also are
32:13
Speaker 1: re-accelerating in these other areas. With inflation, they say it's 3%
32:18
Speaker 1: or higher today. So we have inflation going back up.
32:22
Speaker 1: We have oil going up. We have gas prices up,
32:26
Speaker 1: and we have this situation in Iran. Traders believe, these
32:29
Speaker 1: are headlines, inflation could near 5% this year. Markets raise
32:34
Speaker 1: chances for a Fed rate hike. following hot inflation report.
32:39
Speaker 1: Not a cut, a hike. What's your thoughts about all that?
32:44
Speaker 3: Well, the new Federal Reserve Chairman, I think it's today
32:48
Speaker 3: or tomorrow, if he raises interest rates, you will see
32:51
Speaker 3: Trump absolutely lose his complete mind.
32:54
Speaker 5: That's number one.
32:55
Speaker 3: But when interest rates keep going up, that's just like,
32:58
Speaker 3: you know, Ron, if I lend you $ 100, that's what
33:01
Speaker 3: our debt is.
33:01
Speaker 5: We lend it out.
33:02
Speaker 3: If I lend you $ 100... And I say, you've got
33:05
Speaker 3: to pay me back at 4.5%. Okay. Well, if I
33:10
Speaker 3: don't think you're going to pay me back, I need
33:12
Speaker 3: to make that interest rate go up. And that's what's
33:14
Speaker 3: going on with our interest rate. People don't think we're
33:17
Speaker 3: going to be able to pay the money back. And
33:18
Speaker 3: if we do pay the money back, it's going to
33:20
Speaker 3: be with deflated dollars. So when you talk about interest rates, too,
33:24
Speaker 3: and I mentioned about truthflation, it takes a way bigger
33:26
Speaker 3: basket of goods, services, more than the things they cherry
33:30
Speaker 3: pick right now. But it just depends on what you're
33:32
Speaker 3: looking at. It could be way more than 3%. If
33:34
Speaker 3: you look at what potatoes have done recently with the
33:38
Speaker 3: price of potatoes and the amount of inflation that's gone on,
33:41
Speaker 3: it's all individual. So when you put them in a basket,
33:44
Speaker 3: you can manipulate the numbers any way you want to.
33:48
Speaker 3: So that's not going to go well, number one. And
33:52
Speaker 3: who knows what the market's going to do from day
33:54
Speaker 3: to day. If Trump decides something tonight on Air Force
33:58
Speaker 3: One to tweet out, it could totally change the whole
34:00
Speaker 3: entire aspect. You think he really wanted to go in
34:03
Speaker 3: and bomb Iran right before he's going to see Xi
34:06
Speaker 3: Jinping in China? I wouldn't be surprised if after wheels
34:09
Speaker 3: go up after he leaves, we start a whole new
34:11
Speaker 3: round over there.
34:14
Speaker 1: Yeah, but will that be successful? We did the bunker buster.
34:19
Speaker 1: We bombed the living hell out of them. They're not
34:22
Speaker 1: agreeing to a lot of things.
34:23
Speaker 3: You mentioned, too, you know, And I said this, too.
34:29
Speaker 3: I have never gone to bed at night saying, man,
34:32
Speaker 3: I really I really fear tonight Iran's going to hit
34:34
Speaker 3: me with a nuclear bomb. But I also don't go
34:37
Speaker 3: to bed at night fearing, man, I think I'm going
34:39
Speaker 3: to have a heart attack soon. You know, I should
34:42
Speaker 3: not because I'm well, you know, I shouldn't worry about it.
34:46
Speaker 3: Maybe I should start eating better now so that I
34:48
Speaker 3: don't have that heart attack in the future. Just like
34:50
Speaker 3: right now, maybe we should deal with this right now
34:52
Speaker 3: so that we don't have to deal with it.
34:53
Speaker 5: In the future.
34:54
Speaker 1: Well, I'm going to tell you again.
34:56
Speaker 3: It's the same thing.
34:57
Speaker 1: I'm going to tell everybody again, just like the guy
34:59
Speaker 1: who came up my driveway who said, I heard it
35:01
Speaker 1: on the radio. As I say to you, sitting in
35:04
Speaker 1: my pocket right here, I say this to all of you,
35:07
Speaker 1: all of you listen to me. My wife makes me
35:09
Speaker 1: carry this little bottle of baby aspirin. In my pocket,
35:14
Speaker 1: I got it in the car. We got them all
35:15
Speaker 1: over the place. Because if you start having chest pains,
35:20
Speaker 1: the first thing you should do is take four of
35:23
Speaker 1: these chewable baby aspirin, chew them under your tongue. Don't
35:26
Speaker 1: swallow them. Chew them under your tongue. Put them there.
35:29
Speaker 1: And it could very well save your life by the
35:31
Speaker 1: time the ambulance gets there because they're going to do
35:33
Speaker 1: that as well. It could save your life. And a
35:35
Speaker 1: guy told me over the weekend– He listened, he did that,
35:38
Speaker 1: and it saved his life. So if you're worried about
35:41
Speaker 1: a heart attack, I tell everybody the same thing. Y'all
35:44
Speaker 1: better go get some baby aspirin, have it close.
35:47
Speaker 3: Ron, maybe you should get a life alert.
35:49
Speaker 1: Get out of here.
35:50
Speaker 4: See you later.
35:51
Speaker 3: The year.
35:51
Speaker 5: News Radio 570 WKBN.
35:51
Speaker 1: All right, 456 News Radio 570 WKBN and Ron Verp.
35:53
Speaker 1: That is the advice. I mean, it's... So all of
36:08
Speaker 1: you remember that. I mean, it can be a game
36:11
Speaker 1: changer when it comes to your age. So as a
36:16
Speaker 1: matter of fact, she gets a packet of, it's a
36:20
Speaker 1: bear baby aspirin chewable at Meijer, the grocery store. And
36:25
Speaker 1: they come in a little bottle, easy to put in
36:27
Speaker 1: your pockets or put in your car. You should have
36:29
Speaker 1: several of them, you know, where your bed is, where
36:33
Speaker 1: your car, in your car, in your pocket and that
36:35
Speaker 1: kind of stuff. is if you have chest pains that
36:37
Speaker 1: can actually save your life. And so, see, I think
36:44
Speaker 1: my wife really cares about me because she makes me
36:47
Speaker 1: carry that stuff. And we don't have heart problems in
36:50
Speaker 1: our family, but you never know. You never know when
36:53
Speaker 1: your time could come. And I've had several friends, and
36:56
Speaker 1: all of a sudden they get chest pain. And if
36:58
Speaker 1: you chew those baby aspirin under your tongue, boom, it
37:00
Speaker 1: can save your life. and buy you time until the
37:04
Speaker 1: ambulance gets there because they'll do that when they get
37:06
Speaker 1: there too. And so something to keep in mind, gang.
37:11
Speaker 1: That's what I do because of my bride. And like
37:13
Speaker 1: I said, a guy came up my driveway and said, hey,
37:16
Speaker 1: I heard that. I did that. And he has had
37:18
Speaker 1: an heart attack, and it saved his life. How about that?
37:23
Speaker 1: Ron Verp from the Kingdom of Mahoning, saving lives. I'm
37:28
Speaker 1: just following directions from my bride. All right, so we'll
37:31
Speaker 1: pause for the headlines at 5. I'll come back and
37:33
Speaker 1: take more of your calls. Always glad you tuned in
37:35
Speaker 1: on NewsRadio 570 WKVN. We never take you for granted.
37:38
Speaker 1: We always appreciate the fact that you join us here
37:41
Speaker 1: so we can conversate and to make the best of
37:44
Speaker 1: the world while we're on the planet together. All right,
37:47
Speaker 1: so we pause for the headlines at 5. We come back,
37:49
Speaker 1: take more of your calls. Then I get the shoe
37:51
Speaker 1: and scoot at about 5.30 for the Guardians pregame. So
37:55
Speaker 1: we'll make the best of the next half hour. If
37:56
Speaker 1: you're on hold, your position's reserved. And you'll be in
38:00
Speaker 1: rotation right after this quick news updates from the Kingdom
38:03
Speaker 1: of Mahoney. Ron Verb here. From ABC News, I'm Michelle Franzen.
38:11
Speaker 6: Top Pentagon officials back on Capitol Hill today briefing lawmakers
38:14
Speaker 6: on the war in Iran and ballooning tax.
38:17
Speaker 7: At a House hearing, the Pentagon's chief financial officer provided
38:20
Speaker 7: an update to lawmakers on the growing cost of the war.
38:23
Speaker 7: Jules Hurst previously said it was running upwards of $ 25 billion.
38:27
Speaker 1: Now we think it's closer to $ 29 billion.
38:29
Speaker 3: That's because of updated repair and replacement of equipment costs.
38:33
Speaker 7: Importantly, Hurst says that estimate does not include the cost
38:36
Speaker 7: of rebuilding bases damaged by Iranian missiles and attack drones.
38:40
Speaker 7: Stephen Portnoy, ABC News, Washington.
38:42
Speaker 6: Americans also feeling the pinch at every turn. Prices for
38:45
Speaker 6: goods jumping 3.8% in April compared to a year ago.
38:49
Speaker 6: Here's ABC's Elizabeth Schulze.
38:50
Speaker 8: The concern here is that when you look at this
38:52
Speaker 8: inflation data, Now you have prices going up faster than
38:56
Speaker 8: people's paychecks, so it becomes a lot harder to absorb
38:58
Speaker 8: those higher prices if your salary is not also going up.
39:01
Speaker 8: That had not been the case for a couple years now.
39:03
Speaker 8: The fact that we're starting to see those prices outpace
39:06
Speaker 8: take-home pay is really a red flag in the overall economy.
39:10
Speaker 6: President Trump on his way to Beijing, set to meet
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Speaker 6: with China's leader this week before taking off. The president
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Speaker 6: confirming FDA commissioner Marty McCary is moving on.
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Speaker 4: Marty's a great guy. He's a friend of mine. He's
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Speaker 4: a wonderful man. And he's going to be off. And
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Speaker 4: the assistant, the deputy, is taking over temporarily until we
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Speaker 4: find him. Everybody wants that job.
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Speaker 6: Eighteen passengers from the Dutch cruise ship hit with the
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Speaker 6: hantavirus outbreak remain in quarantine at medical facilities in Nebraska
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Speaker 6: and Georgia. One couple taken to Emory University Hospital. ABC's
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Speaker 6: Faith Abubay is in Atlanta.
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Speaker 9: Specifically here in Georgia, we know the two people who
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Speaker 9: were brought here came on a special flight from Nebraska yesterday.
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Speaker 4: They arrived around midday.
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Speaker 9: We're told that it's a couple, and one of them
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Speaker 9: is symptomatic and is being held in a biocontainment unit.
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Speaker 9: The other one is considered a close contact but hasn't
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Speaker 9: shown any kind of symptoms at all.
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Speaker 6: On Wall Street today, stocks ending mixed.
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Speaker 1: You're listening to ABC News.