Latest / Ron Verb / Tuesday 5pm hour 06/16/26

Transcript

Tuesday 5pm hour 06/16/26 · Ron Verb

• 0:00
  Speaker 1: All right, so back to it. 5.06 on a Tuesday afternoon,
• 0:03
  Speaker 1: middle of June already. Nice day out there, 75 degrees.
• 0:06
  Speaker 1: Emanuel is basically saying, you're basically saying, you're acting as
• 0:12
  Speaker 1: though the president, Trump, has nothing to do with this deal,
• 0:15
  Speaker 1: and he can't mix it or doesn't have any say-so
• 0:17
  Speaker 1: on it. And I would argue with you, he's got
• 0:19
  Speaker 1: every say-so on it.
• 0:22
  Speaker 2: Okay, well, let's talk. Okay, now listen. Now, check this out, right? Now,
• 0:28
  Speaker 2: everybody else has come to an agreement, not a memorandum.
• 0:32
  Speaker 2: They've come to an agreement to sign. Now, I told
• 0:35
  Speaker 2: you Donald Trump won't go for this. So Donald Trump
• 0:39
  Speaker 2: is saying, now listen to what he says. Well, I
• 0:41
  Speaker 2: don't really know what's in the negotiation, right? You know,
• 0:44
  Speaker 2: we're going to sign it. He's not getting what he wanted.
• 0:47
  Speaker 2: You better believe if Donald Trump got what he wanted,
• 0:51
  Speaker 2: we would know about it right now. So what he's
• 0:53
  Speaker 2: going to do is he's going to try to step
• 0:55
  Speaker 2: up in front, right, and say that he's doing this.
• 0:58
  Speaker 2: But that memorandum is for 60 days. What's the saying?
• 1:05
  Speaker 2: Within those 60 days, there won't be no more bombing.
• 1:08
  Speaker 2: So the bottom line is this. What I'm worried about
• 1:13
  Speaker 2: is a word back from the 1960s in Vietnam. It's
• 1:17
  Speaker 2: called mission creep.
• 1:20
  Speaker 3: China. China.
• 1:21
  Speaker 2: I don't know if you know this, but China has
• 1:23
  Speaker 2: a railroad that goes from Beijing to Iran. It goes
• 1:28
  Speaker 2: through four countries. I don't know if you know about that,
• 1:30
  Speaker 2: but it's there. And also, Iran, since they sent weapons
• 1:36
  Speaker 2: to Russia to fight Ukraine, Iran has factories across the
• 1:42
  Speaker 2: border in Russia building doggone drones and things like that.
• 1:49
  Speaker 2: So the bottom line is this. Just like in Vietnam,
• 1:52
  Speaker 2: what Trump needs to do is he needs to shut
• 1:54
  Speaker 2: up and go along with everybody else. Because as long
• 1:59
  Speaker 2: as he does this, our economy is going to be
• 2:01
  Speaker 2: terrible and he can't win. We can't win this, Ron.
• 2:06
  Speaker 2: When everybody else say, listen, sign it, and he says, well,
• 2:10
  Speaker 2: I'm just going to do a memorandum or.
• 2:14
  Speaker 4: Whatever, right?
• 2:14
  Speaker 2: Just sign the doggone thing, right, and get out of there.
• 2:18
  Speaker 2: And he says, well, I need the Europeans to help
• 2:22
  Speaker 2: me unblock this. They already did what they're going to do.
• 2:25
  Speaker 2: Nobody's paying Donald Trump no attention. Don't you understand that?
• 2:29
  Speaker 2: He is messing up. Go along with the agreement.
• 2:36
  Speaker 4: Well, what am I missing? I thought he did.
• 2:39
  Speaker 1: I thought they docu-signed it. And I don't know the
• 2:44
  Speaker 1: details of it yet. They haven't released it all yet.
• 2:48
  Speaker 1: As I understand it, correct me if I'm wrong, it's
• 2:50
  Speaker 1: been docu-signed, electronically signed, and J.D. Vance is going to
• 2:55
  Speaker 1: go to the actual physical presence when this is, what
• 3:01
  Speaker 1: do you say, finalized or whatever? And it appears, I
• 3:06
  Speaker 1: don't know what the details of it are. I mean,
• 3:09
  Speaker 1: everybody speculates what they could be. I don't know what
• 3:13
  Speaker 1: the details of it are. They say, and I don't
• 3:16
  Speaker 1: know how they would know, the Strait would reopen.
• 3:18
  Speaker 4: There won't be any tolls.
• 3:21
  Speaker 1: Some of Iran's money will be released back to them
• 3:24
  Speaker 1: if they meet certain criteria. And the nuclear, I don't
• 3:30
  Speaker 1: know where the whole nuclear issue goes. If I back
• 3:34
  Speaker 1: up for just a bit with you to bend your ear,
• 3:36
  Speaker 1: as I said, I think this was a bad idea
• 3:38
  Speaker 1: from the very beginning. I think it's a bad idea.
• 3:41
  Speaker 1: I think he was brought into it with Netanyahu. I
• 3:45
  Speaker 1: think he thought that this would be over much sooner
• 3:47
  Speaker 1: than it is. And it didn't. And I think Trump's
• 3:51
  Speaker 1: back is up against the wall, too. I think Trump
• 3:53
  Speaker 1: is saying, OK, we are running out of oil. We
• 3:56
  Speaker 1: have a shortage of oil. We're hitting tank bottom, if
• 3:59
  Speaker 1: you will, in our refineries. We have a shortage of
• 4:03
  Speaker 1: where oil's an issue now. So his back is up
• 4:07
  Speaker 1: against the wall when he's looking around saying, as far
• 4:11
  Speaker 1: as supply is concerned, as far as inflation is concerned,
• 4:15
  Speaker 1: and he's got to reach a deal, or this thing
• 4:18
  Speaker 1: would have gotten a lot worse if, as far as
• 4:22
  Speaker 1: the cost of gasoline or diesel, and inflation would have
• 4:26
  Speaker 1: got a lot worse. So his back was up against
• 4:28
  Speaker 1: the wall. So do I think this is, I don't
• 4:31
  Speaker 1: know what the deal is. Do I think it's going
• 4:33
  Speaker 1: to be some great deal? No, I think he probably
• 4:35
  Speaker 1: compromised on a lot of stuff to get something accomplished
• 4:41
  Speaker 1: so he could get out of this mess that he created.
• 4:44
  Speaker 1: I mean, if I had to speculate to get out
• 4:46
  Speaker 1: of this mess that he created. Now, there are some people, Emanuel,
• 4:50
  Speaker 1: which I would be totally opposed to this. There are
• 4:53
  Speaker 1: some people I saw Marjorie Taylor Greene was talking about,
• 4:57
  Speaker 1: and I hope this isn't accurate, and I hope it's wrong,
• 5:01
  Speaker 1: that we would give Iran $ 300. Billion or– I think
• 5:07
  Speaker 1: it was billion or million.
• 5:08
  Speaker 4: I don't know. A huge sum of money.
• 5:11
  Speaker 1: It's either– it's got to be 300 billion that we
• 5:14
  Speaker 1: would give Iran $ 300 billion to rebuild.
• 5:15
  Speaker 3: Yeah.
• 5:18
  Speaker 1: And if that's the case, for example, what she was
• 5:21
  Speaker 1: saying is this war.
• 5:22
  Speaker 4: Cost us $ 2 billion a day.
• 5:24
  Speaker 5: A day.
• 5:26
  Speaker 4: Is what it cost us.
• 5:27
  Speaker 1: And she's saying, and she doesn't, I don't think anyone
• 5:30
  Speaker 1: knows the details yet, but I would like to know
• 5:32
  Speaker 1: if this is when they come out, if we're giving
• 5:36
  Speaker 1: Iran $ 300 billion to rebuild their country for all the
• 5:40
  Speaker 1: damage that we did out of our taxpayer money. I
• 5:44
  Speaker 1: don't care if they get whatever sum of money it
• 5:48
  Speaker 1: is of their money that we've been holding to rebuild
• 5:51
  Speaker 1: their country. I mean, I get the fact that their
• 5:53
  Speaker 1: money's been held, and I have no problem if they
• 5:57
  Speaker 1: would release a large sum of their money. I don't
• 5:59
  Speaker 1: know how much is involved in that for them to
• 6:01
  Speaker 1: be able to rebuild their country. But I would be 100%.
• 6:06
  Speaker 1: Opposed to any deal that says we're going to give
• 6:09
  Speaker 1: you $ 300 billion of American taxpayer dollars to rebuild your country.
• 6:15
  Speaker 1: And Marjorie Taylor Greene was saying that, I don't know how,
• 6:18
  Speaker 1: if she knows or not, speculating or not, that that's part.
• 6:22
  Speaker 4: Of the agreement.
• 6:23
  Speaker 1: If that is part of the agreement, then I think
• 6:25
  Speaker 1: Trump got taken. Under no circumstances should we give our
• 6:30
  Speaker 1: tax dollars to.
• 6:31
  Speaker 4: Rebuild their country at all.
• 6:34
  Speaker 1: And as I understand it, they would release some of
• 6:36
  Speaker 1: the money that is held if they meet certain criteria.
• 6:40
  Speaker 4: And I.
• 6:43
  Speaker 1: Don't know enough about the deal to even say where
• 6:46
  Speaker 1: it is. And the only thing I would agree with
• 6:49
  Speaker 1: you on, it would seem to me. that if it's
• 6:52
  Speaker 1: a slam-dunk deal, we would know the terms of it
• 6:55
  Speaker 1: by now, don't you think?
• 6:56
  Speaker 4: I mean, they'd be saying..
• 6:57
  Speaker 2: No, no, no, because Donald Trump wants to be out
• 7:03
  Speaker 2: in front. You have to do these things without Donald
• 7:06
  Speaker 2: Trump knowing about it. Now, what I'm trying to ask you,
• 7:10
  Speaker 2: I don't think you've ever lied to me over all
• 7:11
  Speaker 2: these decades, right?
• 7:13
  Speaker 4: Well, there was..
• 7:13
  Speaker 2: Don't you think?
• 7:14
  Speaker 4: There was at one time.
• 7:16
  Speaker 5: Okay.
• 7:17
  Speaker 2: Don't tell nobody about it.
• 7:18
  Speaker 6: Okay.
• 7:18
  Speaker 4: Okay.
• 7:19
  Speaker 2: Now, don't you think if Donald Trump has a victory, right,
• 7:25
  Speaker 2: and this was such a great deal, he would have
• 7:27
  Speaker 2: been talking about it on Truth Social? He's treating this
• 7:31
  Speaker 2: like he did the Epstein file.
• 7:32
  Speaker 4: Yeah, yes.
• 7:35
  Speaker 1: Do I find it strange that we don't have the
• 7:38
  Speaker 1: details of this great deal?
• 7:39
  Speaker 5: Yes.
• 7:41
  Speaker 4: Yes, I mean..
• 7:42
  Speaker 2: Well, because he didn't make the deal. The same people
• 7:45
  Speaker 2: that made the deal there with Obama are the same people,
• 7:49
  Speaker 2: France and all those people, right? Well, I don't know.
• 7:55
  Speaker 4: I don't know who made the deal.
• 7:56
  Speaker 1: I can't even speculate on who made the deal, but
• 7:59
  Speaker 1: I do know who has the final say-so on the deal.
• 8:02
  Speaker 1: I mean, obviously Trump can say we're going to do
• 8:05
  Speaker 1: it or we're not going to do it. He ultimately
• 8:09
  Speaker 1: has the final say-so on whether or not we agree
• 8:11
  Speaker 1: or disagree with it. But I'm going to tell you again,
• 8:13
  Speaker 1: I'm going to go right back to what I was
• 8:15
  Speaker 1: saying to you. I believe Trump's back is up against
• 8:18
  Speaker 1: the wall. I believe he's saying, go back to it.
• 8:22
  Speaker 1: I think he thought this would be over much sooner
• 8:25
  Speaker 1: than it is. I think that he thought Iran would
• 8:29
  Speaker 1: cave and they did not.
• 8:31
  Speaker 5: And..
• 8:33
  Speaker 4: He's got a big problem.
• 8:35
  Speaker 1: This cannot go on for the United States much longer,
• 8:38
  Speaker 1: or it will be an economic disaster, I think, for
• 8:41
  Speaker 1: this country.
• 8:43
  Speaker 4: An economic disaster. I got one more question.
• 8:47
  Speaker 1: This move was wrong from the very beginning. And I'm
• 8:51
  Speaker 1: going to be curious what the details of this are.
• 8:55
  Speaker 1: If you're asking me, do I find it odd that
• 8:57
  Speaker 1: the details aren't out there?
• 8:59
  Speaker 2: That's not what I'm asking you.
• 9:02
  Speaker 7: Go ahead.
• 9:02
  Speaker 2: I'm asking because I'm confused.
• 9:05
  Speaker 4: Well, I'm here for you.
• 9:07
  Speaker 2: Just what the heck is a memorandum of understanding? And
• 9:11
  Speaker 2: is it the same thing as a deal or a contract?
• 9:13
  Speaker 4: Yeah, it's a preliminary of the deal. So it's not
• 9:18
  Speaker 4: a deal, right? I don't know.
• 9:20
  Speaker 1: I guess you could say it's a deal until it's
• 9:24
  Speaker 1: a memorandum of understanding is exactly that. We agree to this.
• 9:27
  Speaker 1: They agree to that. And then J.D. Vance goes and
• 9:32
  Speaker 1: represents a country when it's the official signing or whatever.
• 9:35
  Speaker 1: But I was told that it was DocuSigned, electronically signed already.
• 9:39
  Speaker 5: It was.
• 9:41
  Speaker 2: But, see, the thing about it is, like I'm trying
• 9:43
  Speaker 2: to say, if Trump was involved in doing this right,
• 9:46
  Speaker 2: he would be telling you everything that he's doing. Because
• 9:48
  Speaker 2: Trump is the type of guy, and, well, I've got
• 9:50
  Speaker 2: to tell you this with Obama.
• 9:51
  Speaker 4: Well, let me ask you this. Let me back up.
• 9:54
  Speaker 1: You're basically saying that you don't think it's a slam-dunk deal.
• 9:58
  Speaker 4: Remember when Trump was..
• 10:00
  Speaker 1: Saying when this is going on, we won't accept anything
• 10:02
  Speaker 1: short of unconditional surrender.
• 10:04
  Speaker 4: Remember when he was saying that?
• 10:05
  Speaker 2: Oh, regime change.
• 10:08
  Speaker 1: Yeah, regime change, unconditional surrender. All of that stuff's been
• 10:12
  Speaker 1: thrown out with the wash. I mean, you know, it's
• 10:15
  Speaker 1: like unless we have all of this kind of stuff.
• 10:18
  Speaker 1: So now we're at a point where What is the
• 10:21
  Speaker 1: details of it? Is the Strait open? And will there
• 10:25
  Speaker 1: be no tolls ever on the Strait?
• 10:27
  Speaker 4: Can I let.
• 10:29
  Speaker 2: You in on a secret?
• 10:30
  Speaker 4: Yeah. Qatar, right?
• 10:32
  Speaker 2: Qatar made a deal with Donald Trump and Iran, and
• 10:37
  Speaker 2: they paid Iran a whole bunch of money, and Qatar
• 10:39
  Speaker 2: has been sending their ships out with oil. People found
• 10:42
  Speaker 2: out about that. They're like, man, that's crazy. But the
• 10:46
  Speaker 2: bottom line is this, right? I don't think Trump is
• 10:48
  Speaker 2: going to let this end. I believe now I know
• 10:51
  Speaker 2: you don't believe this, but one of the Israeli Secret
• 10:56
  Speaker 2: Service guys, they're retired. He came on, said, listen, you know,
• 11:01
  Speaker 2: Netanyahu got something on Trump and he think it's Epstein.
• 11:04
  Speaker 2: So I don't know. But I just don't think it's
• 11:06
  Speaker 2: going to end. I just don't see Trump. If Trump
• 11:08
  Speaker 2: can't be the leader, if he can't be the bully.
• 11:12
  Speaker 1: I don't think he can afford to let it go on, though.
• 11:14
  Speaker 1: I mean, if you're asking me, do I think Netanyahu
• 11:18
  Speaker 1: will be pissed at Trump if we do this agreement
• 11:22
  Speaker 1: and bail? Probably so. But that's Israel's agenda to deal with.
• 11:29
  Speaker 4: I believe Israel. Do you believe this?
• 11:31
  Speaker 1: Do you believe that Netanyahu and Israel got Trump to
• 11:35
  Speaker 1: reverse himself and get involved in this in the first place?
• 11:39
  Speaker 5: Yes.
• 11:39
  Speaker 4: All right. So do you believe this was a mistake
• 11:42
  Speaker 4: from the very beginning?
• 11:44
  Speaker 8: Yes.
• 11:45
  Speaker 1: And so then do you believe that this agreement or
• 11:48
  Speaker 1: memorandum of understanding is not going to be unconditional surrender
• 11:53
  Speaker 1: or any of the other nonsense that he was talking about?
• 11:56
  Speaker 2: No, there's going to be more bombs flying around. You
• 11:58
  Speaker 2: heard it here. It ain't over with.
• 12:00
  Speaker 4: So what do you mean? You think that he's not
• 12:02
  Speaker 4: going to go along with it, Trump?
• 12:05
  Speaker 5: No.
• 12:06
  Speaker 2: Listen, they already set up J.D. Vance as the fall guy.
• 12:09
  Speaker 2: Just listen to South Carolina, right? You know, Lindsey Graham,
• 12:15
  Speaker 2: Linda Graham, whatever her name is.
• 12:17
  Speaker 4: It's not Linda. Well, it could be. I may be cross-dressing,
• 12:20
  Speaker 4: but it's supposedly Lindsey Graham.
• 12:22
  Speaker 2: But they're going after J.D.
• 12:24
  Speaker 4: Vance, right?
• 12:25
  Speaker 2: They're saying that J.D. Vance made this deal, and J.D.
• 12:28
  Speaker 2: Vance couldn't have made the deal because they said a
• 12:32
  Speaker 2: month ago that they don't want to talk to J.D.,
• 12:33
  Speaker 2: they don't want to talk to Jared, they don't want
• 12:35
  Speaker 2: to talk to none of those people. Remember they said that?
• 12:37
  Speaker 5: Yep.
• 12:38
  Speaker 2: So if they're not talking to him, how can he
• 12:39
  Speaker 2: make the deal?
• 12:41
  Speaker 4: I don't know. Maybe they're talking to Rubio.
• 12:44
  Speaker 2: So Trump's going to say he's going to blame it
• 12:47
  Speaker 2: on Rubio showed up at the airport and nobody met
• 12:51
  Speaker 2: him there. He's looking around like, I don't get nobody here. Listen,
• 12:54
  Speaker 2: the United States has been single out. They've been like
• 12:58
  Speaker 2: a cuddle horse. They've been colored from the dog on
• 13:01
  Speaker 2: a herd. You know how a horse gets in there
• 13:04
  Speaker 2: and gets a cuddle away from the herd? Well, that's
• 13:06
  Speaker 2: what happened to Donald Trump. And that's the only way
• 13:08
  Speaker 2: you can deal with this guy. But I've got to
• 13:09
  Speaker 2: tell you this, what Obama said, right, which is true.
• 13:13
  Speaker 1: I saw Obama said that he'd be surprised if it's
• 13:16
  Speaker 1: any different than the deal that they.
• 13:17
  Speaker 4: Had in place.
• 13:19
  Speaker 2: Yeah, he'd be surprised if it's that good. He'd think
• 13:22
  Speaker 2: it's going to be worse. But he said the days
• 13:24
  Speaker 2: of bullying people and bombing people and submission are over with.
• 13:30
  Speaker 2: And that's Donald Trump.
• 13:31
  Speaker 5: He's a bully.
• 13:33
  Speaker 2: But he's our bully. He got elected legally, right?
• 13:37
  Speaker 4: You better hope it.
• 13:39
  Speaker 1: Listen, as an American, you better hope it's a decent
• 13:42
  Speaker 1: enough deal that we can put this behind us.
• 13:45
  Speaker 2: As an American, I can't wait to vote.
• 13:48
  Speaker 4: Love you, man. All right, see you. You're on the air.
• 13:52
  Speaker 3: Hey, Ron, remember when John Arnold told you never listen
• 13:58
  Speaker 3: to a nonprofessional? That caller that just told you I
• 14:03
  Speaker 3: was wrong that SpaceX is non-marginable. He does not know
• 14:09
  Speaker 3: what he is talking about. I could have short-sold SpaceX
• 14:14
  Speaker 3: yesterday if I had wanted to because I have a
• 14:18
  Speaker 3: margin account. But as you were talking to him, I
• 14:22
  Speaker 3: checked with the margin department and my mutual fund company,
• 14:25
  Speaker 3: and they said, yes, I can sell SpaceX short. Now,
• 14:30
  Speaker 3: SpaceX just overtook Amazon to become the fifth largest company
• 14:36
  Speaker 3: in the world, and is very close to overtaking Microsoft
• 14:40
  Speaker 3: as the fourth largest. And yesterday, when the market closed,
• 14:45
  Speaker 3: Musk's net worth went from $ 1. 75 trillion to $ 2. 1 trillion,
• 14:53
  Speaker 3: just on SpaceX's capitalization alone. And that Other caller also
• 15:00
  Speaker 3: said that when oil prices come down, inflation will come down.
• 15:05
  Speaker 3: He was wrong again. Inflation will come down if Kevin
• 15:10
  Speaker 3: Warsh contracts the money supply like Paul Volcker did. Rising
• 15:16
  Speaker 3: interest rates do not reduce inflation, Ron. Contracting the money
• 15:21
  Speaker 3: supply is the cause of deflation, and rising interest rates
• 15:26
  Speaker 3: are the effect.
• 15:27
  Speaker 4: Well, no, I mean, pause for a second. I disagree
• 15:31
  Speaker 4: with both of those, and I'd be curious your reaction
• 15:33
  Speaker 4: to it.
• 15:34
  Speaker 1: The point of when they raise interest rates, it's to
• 15:37
  Speaker 1: squash demand. So if we raise interest rates, it discourages
• 15:41
  Speaker 1: you from buying a house or discourages you from running
• 15:46
  Speaker 1: a credit card balance.
• 15:47
  Speaker 4: Stand by for me. Just stand by. I'll pick it
• 15:49
  Speaker 4: up with you after the break. News Radio 570 WKBN.
• 15:51
  Speaker 5: 570 WKBN.
• 15:51
  Speaker 1: Let me go back and... Let me just take on
• 15:57
  Speaker 1: two things that you said when it comes to inflation.
• 16:00
  Speaker 1: When you said lower oil prices doesn't reduce inflation. And
• 16:05
  Speaker 1: I'll say again, yes, it does. Because those costs are
• 16:10
  Speaker 1: all passed on to the cost of the product. If
• 16:14
  Speaker 1: it costs more to truck a product, if it costs
• 16:17
  Speaker 1: more for the farmer to fill the tractor, the costs
• 16:19
  Speaker 1: are passed on. If it costs more to truck it
• 16:21
  Speaker 1: to the store, the costs are passed on. Gas prices
• 16:25
  Speaker 1: increase in prices that people are charging for things. Energy
• 16:30
  Speaker 1: costs do create an increased price, if you will. And
• 16:34
  Speaker 1: in addition to what you were saying, interest rates, the
• 16:38
  Speaker 1: whole point of if you raise interest rates, to get
• 16:41
  Speaker 1: rid of inflation is to squelch demand because you don't
• 16:47
  Speaker 1: buy a house because the loan's too high or your
• 16:52
  Speaker 1: interest rate on your credit card. That's why they raise
• 16:55
  Speaker 1: interest rates to lower demand, which lowers prices and inflation.
• 17:01
  Speaker 1: and energy costs are passed on as well. That would
• 17:05
  Speaker 1: be my disagreement with what you're saying. And I'm not
• 17:07
  Speaker 1: saying that government policy also doesn't create inflation, because it
• 17:11
  Speaker 1: does as far as printing more money and that kind
• 17:14
  Speaker 1: of stuff. But there's more than one factor to creating inflation.
• 17:20
  Speaker 3: Well, Ron, when you say they increase interest rates, the
• 17:25
  Speaker 3: Federal Reserve controls short-term interest rates. The free market controls
• 17:32
  Speaker 3: long-term interest rates. So you are absolutely correct. When long-term
• 17:37
  Speaker 3: interest rates go up, it's more expensive to get a mortgage.
• 17:42
  Speaker 3: It's likely that fewer houses will be sold.
• 17:46
  Speaker 5: Right.
• 17:46
  Speaker 4: I'm not saying... Was it Volcker? You would remember that.
• 17:50
  Speaker 1: You do that and you can actually cause a recession
• 17:52
  Speaker 1: because it squelches demand so much that people start losing
• 17:58
  Speaker 1: their job because there's no demand.
• 18:00
  Speaker 3: Yeah, he did cause a recession because the prime rate
• 18:03
  Speaker 3: went up to 21.5%. And that was only for top
• 18:09
  Speaker 3: quality corporate borrowers. The average person that had a good
• 18:14
  Speaker 3: credit card... If they had perfect day one credit, they
• 18:17
  Speaker 3: were paying 30% on their credit cards back then.
• 18:21
  Speaker 4: Yeah, I don't know.
• 18:22
  Speaker 1: Like the guy that Trump replaced, what was his name
• 18:25
  Speaker 1: and was running a Fed?
• 18:27
  Speaker 4: I can't remember. It escapes me right now.
• 18:29
  Speaker 3: Jerome Powell.
• 18:30
  Speaker 1: Jerome Powell. I don't think Jerome Powell was an idiot.
• 18:34
  Speaker 1: I disagreed with Trump and everything. I actually thought he
• 18:37
  Speaker 1: did a pretty decent job at running the Fed because
• 18:40
  Speaker 1: we didn't have a major recession yet. They always talked
• 18:45
  Speaker 1: about soft landings. Well, I think that his stewardship was good,
• 18:53
  Speaker 1: not bad, as far as running the Fed. But he
• 18:58
  Speaker 1: didn't kowtow to Trump and do what Trump wanted him
• 19:00
  Speaker 1: to do, and that's why Trump wanted to replace him.
• 19:02
  Speaker 1: I don't think he was a bad Fed chairman.
• 19:07
  Speaker 3: Well, I'm going to disagree with that other caller that said,
• 19:10
  Speaker 3: I can't short sell SpaceX.
• 19:13
  Speaker 7: He says the.
• 19:13
  Speaker 3: Economy is doing good. Well, yeah, if you're rich, the
• 19:17
  Speaker 3: economy is doing great. But the average person can't make
• 19:21
  Speaker 3: ends meet. I mean, credit card defaults are increasing. Yeah,
• 19:28
  Speaker 3: unemployment may have went up recently, but I think the
• 19:33
  Speaker 3: government's budging the numbers.
• 19:35
  Speaker 5: That's because most people are getting to..
• 19:39
  Speaker 3: To part-time job right or if you're on employment runs
• 19:42
  Speaker 3: out after this six months then they no longer count
• 19:46
  Speaker 3: you as unemployed.
• 19:47
  Speaker 1: Right I don't believe any of the government numbers, because
• 19:52
  Speaker 1: they're skewed for political purposes. I don't care if it's
• 19:54
  Speaker 1: Republicans or Democrats. I don't believe their inflation number. I
• 19:57
  Speaker 1: think it's always lower than it is, and I don't
• 20:00
  Speaker 1: believe the... employment or unemployment numbers at all. They're all skewed.
• 20:04
  Speaker 1: It frustrates the living hell out of me, because how
• 20:07
  Speaker 1: do you fix a problem, Frank, if you don't really
• 20:09
  Speaker 1: know how severe the problem is because of politics?
• 20:12
  Speaker 3: Well, as you have said many times before, they don't
• 20:17
  Speaker 3: include core inflation, which is food prices, and energy, and
• 20:22
  Speaker 3: that's what's going up the most.
• 20:24
  Speaker 4: Yeah, like you don't need energy, Frank, and food.
• 20:27
  Speaker 1: I was reading today, stand by for a minute, let
• 20:29
  Speaker 1: me do my headlines, I'll come back to him, and
• 20:31
  Speaker 1: I'll get to more of your calls. We're here until
• 20:33
  Speaker 1: 7 tonight, Ron Verb, NewsRadio 570, WKBN.
• 20:36
  Speaker 4: NewsRadio 570, WKBN. All right, 534, NewsRadio 570, WKBN. All right, Frank,
• 20:42
  Speaker 4: what were you saying?
• 20:45
  Speaker 3: Warships between Iraq in a hard place, Ron. If interest
• 20:51
  Speaker 3: on the national debt alone keeps rising, soon all tax
• 20:57
  Speaker 3: revenues will go just to pay interest on the national debt.
• 21:02
  Speaker 3: Forget Social Security, forget Medicare, forget everything.
• 21:06
  Speaker 1: Well, you would have to go up substantially because, as
• 21:09
  Speaker 1: I tell everybody, it's your second biggest expense just paying
• 21:12
  Speaker 1: the interest right now. I mean, it would have to
• 21:15
  Speaker 1: go up substantially to become the first expense, but that
• 21:18
  Speaker 1: doesn't mean it takes all of the money of your
• 21:20
  Speaker 1: tax dollars. It means the majority, it becomes your biggest
• 21:24
  Speaker 1: expense out of everything.
• 21:26
  Speaker 3: But I think interest expense on the national debt is what,
• 21:30
  Speaker 3: the third or second largest expense in the federal budget now?
• 21:34
  Speaker 4: Second, I thought it was.
• 21:35
  Speaker 3: Second largest, yeah, I believe you're right. Now, let me say,
• 21:41
  Speaker 3: I want to mention something about SpaceX?
• 21:44
  Speaker 4: Yeah.
• 21:45
  Speaker 3: JJ said nothing can travel faster than the speed of light. Well,
• 21:50
  Speaker 3: you know, when I started calling your show in the 90s,
• 21:54
  Speaker 3: I said, Ron, astrophysicists have been observing objects traveling in
• 22:00
  Speaker 3: space anywhere from 2 to 10 times the speed of light.
• 22:06
  Speaker 3: There's something out there traveling faster than the speed of light.
• 22:11
  Speaker 3: Are they extraterrestrials? I have no idea. But SpaceX is
• 22:17
  Speaker 3: an American aerospace manufacturer, and they're also a transportation services company.
• 22:25
  Speaker 3: Musk founded them in 2002 with the goal of reducing
• 22:29
  Speaker 3: space transportation costs because they want to colonize Mars and
• 22:37
  Speaker 3: to exploit its vast metal and mineral wealth at a
• 22:40
  Speaker 3: number of scientists believes exist on that planet planet now
• 22:46
  Speaker 3: if if they travel in rockets at conventional speed it
• 22:51
  Speaker 3: would take thirty years or more to get the mars
• 22:54
  Speaker 3: he would have to have people say in their forties
• 22:59
  Speaker 3: have children on their spaceship because by the time they
• 23:03
  Speaker 3: get the mars are going to be like seventy years
• 23:05
  Speaker 3: old must see you should.
• 23:06
  Speaker 1: Have left how long ago that frank You're right. Listen,
• 23:11
  Speaker 1: did you buy any SpaceX?
• 23:12
  Speaker 4: Yes?
• 23:13
  Speaker 1: No?
• 23:14
  Speaker 3: No, I didn't buy any SpaceX at all.
• 23:17
  Speaker 4: Are you going to?
• 23:20
  Speaker 3: Well, I'm not sure yet, but..
• 23:22
  Speaker 4: Well, let me know.
• 23:23
  Speaker 1: I mean, if you buy the stock, what is it,
• 23:26
  Speaker 1: like $ 200 or something like that? I'll be curious if
• 23:29
  Speaker 1: you purchase any. It seems to me like it's one
• 23:32
  Speaker 1: of those that you'd want to buy and hold, in
• 23:35
  Speaker 1: my opinion.
• 23:35
  Speaker 4: But that's my opinion.
• 23:37
  Speaker 3: Yeah, that's true, but... It's probably overvalued right now. But
• 23:42
  Speaker 3: what about the long term?
• 23:45
  Speaker 1: When you say overvalued, is it the next, for example,
• 23:48
  Speaker 1: there's people kicking themselves in the arse that they didn't
• 23:50
  Speaker 1: buy Amazon back when it started, or Tesla and that
• 23:53
  Speaker 1: kind of stuff, and look what it's valued at today,
• 23:56
  Speaker 1: or NVIDIA.
• 23:58
  Speaker 3: Well, Ron, the entire market is overvalued. The PE ratio
• 24:03
  Speaker 3: on the S & P 500 is now... 40 to one.
• 24:07
  Speaker 4: Yeah.
• 24:08
  Speaker 3: Remember the.com bubble when everything crashed in 2000, the PE
• 24:13
  Speaker 3: ratio was 33 and a half to one back then.
• 24:16
  Speaker 3: And everybody thought that that was outrageous. We're in uncharted
• 24:21
  Speaker 3: territory now.
• 24:22
  Speaker 4: Right.
• 24:22
  Speaker 1: Oh, I don't, I don't disagree with that, but I
• 24:24
  Speaker 1: will say with the other caller, that guy's made a
• 24:27
  Speaker 1: gazillion dollars, but he's not, he's, he's all in on
• 24:31
  Speaker 1: AI stuff. And, uh, and, uh, He's got a very
• 24:35
  Speaker 1: narrow portfolio, and he's done quite well over many, many
• 24:38
  Speaker 1: years on it. And I think AI is going to
• 24:40
  Speaker 1: be the future, whether people like it or not. If
• 24:43
  Speaker 1: you made the right decisions, as some of you guys
• 24:46
  Speaker 1: have done years ago, they made big money.
• 24:49
  Speaker 4: Well, what did they say?
• 24:50
  Speaker 1: Musk made a lot of people millionaires who worked for
• 24:54
  Speaker 1: his company just in putting.
• 24:56
  Speaker 4: His stock out.
• 24:57
  Speaker 3: Let me ask you a question, because I know you've
• 25:00
  Speaker 3: been teaching yourself about Tank bottom and oil prices.
• 25:05
  Speaker 4: I'm now an oil guru. Aren't you impressed?
• 25:10
  Speaker 3: Do you remember in 2000 when I called your, well,
• 25:14
  Speaker 3: you probably don't remember, but the dot-com bubble, okay? I
• 25:18
  Speaker 3: said that during these bubbles from what I know from
• 25:24
  Speaker 3: studying investment history, that 90% of those dot-com companies would
• 25:29
  Speaker 3: go bust and go bankrupt. Do you think that with
• 25:33
  Speaker 3: AI stocks it's going to be the same thing? 90%
• 25:37
  Speaker 3: of them might end up going bankrupt and only 10%
• 25:41
  Speaker 3: might make it?
• 25:44
  Speaker 1: I think is there a possibility? Yes, I would say
• 25:47
  Speaker 1: there's a possibility of that.
• 25:49
  Speaker 3: You know, Warren Buffett years ago said, I stopped buying
• 25:55
  Speaker 3: technology stocks. You know why? He said, I can't pick technology.
• 26:00
  Speaker 3: the winners from the losers.
• 26:02
  Speaker 1: Well, yeah, but he, he often said he didn't buy
• 26:04
  Speaker 1: stuff that he didn't understand, but what did, uh, what did, uh,
• 26:10
  Speaker 1: what did that guy say about Buffett when that went
• 26:12
  Speaker 1: into sectors there? He was looking at Buffett at, at
• 26:15
  Speaker 1: that particular time. Listen, you know, NVIDIA is, is they're
• 26:19
  Speaker 1: talking about NVIDIA now doing stuff for, uh, consumer computers
• 26:24
  Speaker 1: and stuff. It seems NVIDIA is, is just growing as
• 26:27
  Speaker 1: far as consumers are concerned.
• 26:29
  Speaker 3: Uh, By the way, I didn't buy Amazon when it
• 26:35
  Speaker 3: first came out because I don't think it went public
• 26:38
  Speaker 3: until 2015. Remember when Amazon first started?
• 26:43
  Speaker 4: Never made money.
• 26:43
  Speaker 3: They basically just sold albums, CDs, and books.
• 26:50
  Speaker 4: Yeah, but look at it today.
• 26:51
  Speaker 1: But as I said, it didn't make a profit for years.
• 26:56
  Speaker 1: Wouldn't you wish you had stock when it first came out?
• 26:59
  Speaker 1: And then that AWS is a large part of Amazon
• 27:02
  Speaker 1: Web Services, makes a ton of money. I mean, from
• 27:06
  Speaker 1: the government and all private sector business, that's huge.
• 27:09
  Speaker 4: That's huge. All right, buddy. Appreciate it. Thank you. You're
• 27:14
  Speaker 4: on the air.
• 27:16
  Speaker 5: Well, Ron.
• 27:18
  Speaker 2: Hello.
• 27:18
  Speaker 5: Hello. Yes.
• 27:20
  Speaker 4: Yes, sir.
• 27:21
  Speaker 5: Yeah, I just heard on your news article, your local news,
• 27:25
  Speaker 5: Iran says if Israel forces stay in Lebanon, it's a
• 27:29
  Speaker 5: violation of the deal. And I got a news article
• 27:32
  Speaker 5: today that says just that. Israeli ministers say Israel is
• 27:35
  Speaker 5: bound by the U.S.-Iran deal, won't withdraw from Lebanon. Iran
• 27:41
  Speaker 5: reaffirmed that any deal with U.S. hinges on an end
• 27:44
  Speaker 5: to Israel's war in Lebanon. And Israel's defense minister, Israel Katz,
• 27:49
  Speaker 5: vowed that the Israeli defense force will not withdraw from
• 27:53
  Speaker 5: the so-called security borders in Lebanon, which include a major
• 27:58
  Speaker 5: swath of Lebanese territory, and where they also continue their
• 28:02
  Speaker 5: occupation in Syria and Gaza. So it's going to be
• 28:06
  Speaker 5: debatable if this deal even goes through.
• 28:09
  Speaker 1: There's no question in my mind, and I would ask
• 28:11
  Speaker 1: this of you, that Israel would love to see this
• 28:14
  Speaker 1: deal resolved.
• 28:16
  Speaker 4: Disappear because.
• 28:20
  Speaker 1: It appears to me, and I would ask you this,
• 28:22
  Speaker 1: it appears to me Trump knows his back's up against
• 28:24
  Speaker 1: the wall and he wants to get out of this.
• 28:26
  Speaker 1: And Israel doesn't want us to leave and get out
• 28:28
  Speaker 1: of it. They want us to stay and do their agenda.
• 28:32
  Speaker 1: And if they can nix the deal, I think they'll
• 28:36
  Speaker 1: try to nix the deal.
• 28:38
  Speaker 5: I agree. I agree with that. They don't go for
• 28:41
  Speaker 5: the deal at all.
• 28:42
  Speaker 1: But, I mean, the bottom line is we've got to say, listen,
• 28:45
  Speaker 1: then if you're going to continue this, I really think
• 28:48
  Speaker 1: at that point we, the United States, have to say, well,
• 28:51
  Speaker 1: you're on your own then because we're done here. You're
• 28:54
  Speaker 1: not going to tell the United States what deal we
• 28:56
  Speaker 1: can agree or disagree to or tell the citizens of
• 28:59
  Speaker 1: this country you continue to spend $ 2 billion a day
• 29:02
  Speaker 1: on this deal. war with Iran and continue to have
• 29:08
  Speaker 1: higher inflation, higher energy prices, and higher commodity prices. We're
• 29:14
  Speaker 1: just not going to do it. So we have a
• 29:16
  Speaker 1: lot of power over them, too, to pull out.
• 29:19
  Speaker 5: Yeah. They seem to have a lot of power on us, too.
• 29:24
  Speaker 1: Yeah, but it's probably in the beginning, but don't you
• 29:26
  Speaker 1: think at this point in time you can't stick this
• 29:30
  Speaker 1: out because of what it's going.
• 29:31
  Speaker 4: To do economically?
• 29:32
  Speaker 5: Yeah, I agree. We'll wait and see.
• 29:36
  Speaker 4: I'm with you. I'm 100% with you.
• 29:38
  Speaker 1: I'll be happy when it's... J.D. Vance, when it's signed
• 29:45
  Speaker 1: and everything is, we're done and see you later.
• 29:50
  Speaker 4: I mean, $ 2 billion a day.
• 29:52
  Speaker 1: Did you hear anything more about what that Marjorie Taylor
• 29:54
  Speaker 1: Greene was saying? And I don't know where these people
• 29:57
  Speaker 1: come up with this stuff. That's why I put the
• 29:58
  Speaker 1: caution light on that part of this agreement has given
• 30:02
  Speaker 1: them $ 300 billion to rebuild.
• 30:05
  Speaker 5: I didn't hear anything on that. I'm sure it's probably
• 30:08
  Speaker 5: totally true, but I don't know.
• 30:10
  Speaker 4: I certainly hope not.
• 30:12
  Speaker 1: I mean, when we're taking a look at Social Security
• 30:14
  Speaker 1: going belly up in seven or eight years or raising
• 30:17
  Speaker 1: the retirement age on Social Security, why on God's green
• 30:20
  Speaker 1: earth would we give Iran any of our tax dollars
• 30:23
  Speaker 1: to rebuild their country? I don't care if we give
• 30:25
  Speaker 1: them some of their money back, their money to rebuild
• 30:28
  Speaker 1: their country, but zero of our tax dollars should go
• 30:31
  Speaker 1: for it.
• 30:33
  Speaker 4: Agree?
• 30:33
  Speaker 5: Yeah. I agree. I got another article. Oil shortages are
• 30:37
  Speaker 5: the lowest since 1983.
• 30:39
  Speaker 4: Reserved.
• 30:41
  Speaker 5: Oil reserves.
• 30:42
  Speaker 1: That doesn't surprise me even. That doesn't surprise me at all.
• 30:46
  Speaker 1: Does it you? I mean, we got a serious problem
• 30:50
  Speaker 1: if this thing goes on. And that's why I say
• 30:52
  Speaker 1: Trump's back is against the wall when it comes to inflation,
• 30:55
  Speaker 1: when it comes to the oil reserves being depleted.
• 30:58
  Speaker 4: There aren't a lot of options right now.
• 31:00
  Speaker 5: We're in big trouble if this don't get solved soon.
• 31:03
  Speaker 4: I'm in total agreement with that. I'm in complete agreement.
• 31:07
  Speaker 5: It was reported even on your local news that Iran's
• 31:09
  Speaker 5: not going to sign a deal if Israel don't withdraw
• 31:12
  Speaker 5: from Lebanon. They got no intention of leaving Lebanon.
• 31:17
  Speaker 1: Then Trump's got to talk to them and tell them
• 31:20
  Speaker 1: this is the way it is because we're getting out.
• 31:23
  Speaker 4: I agree. I don't think Israel can go without the
• 31:28
  Speaker 4: United States, in my opinion.
• 31:31
  Speaker 5: I don't think they can either, especially if all the
• 31:34
  Speaker 5: Arabs unite.
• 31:36
  Speaker 4: Yeah, I mean, you've got to get out of this.
• 31:38
  Speaker 4: It's $ 2 billion a day.
• 31:40
  Speaker 1: You've really depleted in selling your missiles and a lot
• 31:49
  Speaker 1: of your military equipment to the Ukraine, and then you
• 31:52
  Speaker 1: use so much over here. What is your stockpile at
• 31:55
  Speaker 1: this point in time? Because you can't increase it overnight
• 31:59
  Speaker 1: with this high-tech stuff.
• 32:03
  Speaker 4: I think he created a mess.
• 32:05
  Speaker 5: I wanted to call in. Even your local news is
• 32:07
  Speaker 5: reporting it.
• 32:08
  Speaker 4: Well, let me know if you hear any more. I
• 32:10
  Speaker 4: appreciate it. That guy's always on top of things. You're
• 32:13
  Speaker 4: on the air.
• 32:14
  Speaker 5: It's Paul Rehn-Pinko.
• 32:16
  Speaker 4: You're on the air.
• 32:18
  Speaker 7: Hello, Ron. How are you?
• 32:19
  Speaker 4: I'm well, sir. Thank you.
• 32:23
  Speaker 7: There's $ 300 billion that they're talking about rebuilding. I think
• 32:27
  Speaker 7: Trump's in favor of it because his company is going
• 32:30
  Speaker 7: to be the one that does all the construction over there.
• 32:34
  Speaker 1: Well, if you think of that, I haven't thought of that.
• 32:37
  Speaker 1: I haven't read it officially yet. The only person I
• 32:39
  Speaker 1: heard this from was some Archie Taylor Greene. If it's true,
• 32:43
  Speaker 1: I don't care who's doing it. I'm against American tax
• 32:46
  Speaker 1: dollars going.
• 32:47
  Speaker 4: To rebuild it.
• 32:48
  Speaker 7: But Trump's going to do it just to pat his
• 32:51
  Speaker 7: own pocket.
• 32:52
  Speaker 4: Well, good luck with the fallback from that.
• 32:55
  Speaker 1: I mean, how would you assess it if you said, oh,
• 32:58
  Speaker 1: we reached an agreement, and I don't know, this is
• 33:01
  Speaker 1: fact or fiction, and we're going to give you $ 300
• 33:03
  Speaker 1: billion of our American tax dollars to rebuild all the
• 33:05
  Speaker 1: stuff we blew up?
• 33:07
  Speaker 7: I'm opposed to it, too.
• 33:08
  Speaker 4: Absolutely.
• 33:10
  Speaker 7: Oh, you talk about AI.
• 33:11
  Speaker 5: Yeah.
• 33:12
  Speaker 7: And I'm a person that uses AI. As you know,
• 33:17
  Speaker 7: I'm blind. And I have what's called metaglasses that The
• 33:22
  Speaker 7: AI helps me see what I'm looking at. And as
• 33:28
  Speaker 7: far as I'm concerned, AI is a great thing for me.
• 33:29
  Speaker 4: Now, does it work?
• 33:32
  Speaker 7: Yeah, it does. I'm wearing them right now.
• 33:34
  Speaker 1: So you put on Metaglass. When you say you're blind,
• 33:38
  Speaker 1: do you see just black or is it blurry?
• 33:41
  Speaker 7: No, I see a little bit of light, but I'm
• 33:43
  Speaker 7: not totally the black yet. I'm probably 80% dark.
• 33:50
  Speaker 4: What caused your blindness again? Remind me.
• 33:52
  Speaker 7: It's a genetic thing.
• 33:54
  Speaker 4: Okay. So when you put on the metaglasses, could you
• 33:58
  Speaker 4: watch television?
• 34:00
  Speaker 7: Yeah, they would tell me what's on the TV. Or,
• 34:02
  Speaker 7: for example, if I say, what am I looking at,
• 34:06
  Speaker 7: it will describe. I mean, I can't see the room,
• 34:09
  Speaker 7: but it will describe what I'm looking.
• 34:11
  Speaker 2: At in the room.
• 34:12
  Speaker 4: Oh, so you don't actually get a visual of it.
• 34:16
  Speaker 7: It doesn't give you vision, but it describes what you're
• 34:19
  Speaker 7: looking at.
• 34:20
  Speaker 4: So it would say there's a coffee table 10 feet ahead.
• 34:24
  Speaker 7: Yeah, or it would describe what kind of carpet you
• 34:28
  Speaker 7: have on the floor or what color your sofa is
• 34:32
  Speaker 7: or other things like that.
• 34:33
  Speaker 4: Now, how did you get these glasses? That's interesting.
• 34:36
  Speaker 7: I went up to, there's a place up in Mentor,
• 34:38
  Speaker 7: Ohio called Magnifiers and More. And that's where I bought,
• 34:43
  Speaker 7: she's an optometrist up there. I bought a lot of
• 34:46
  Speaker 7: my stuff from them. I have magnifiers and all this
• 34:48
  Speaker 7: other stuff that, Although you can buy them at Best Buy.
• 34:53
  Speaker 7: I didn't want to buy them at Best Buy because
• 34:55
  Speaker 7: they're connected with your phone. And I wanted somebody that
• 35:01
  Speaker 7: could help me connect it, and the Best Buy guys
• 35:03
  Speaker 7: don't do that. They just basically sell you, and you're
• 35:06
  Speaker 7: out the door. They don't give a damn about you.
• 35:09
  Speaker 4: Is it somewhat life-changing for you?
• 35:11
  Speaker 7: Oh, yeah, it has been life-changing for me because it will,
• 35:14
  Speaker 7: you know, It won't help me navigate where I'm going,
• 35:19
  Speaker 7: but it will tell me what I'm looking at when
• 35:23
  Speaker 7: I go there.
• 35:24
  Speaker 4: So I don't have to worry about passing you on
• 35:25
  Speaker 4: South Avenue tonight?
• 35:27
  Speaker 7: No, I don't drive.
• 35:28
  Speaker 4: No, I'm just teasing.
• 35:32
  Speaker 7: I haven't driven in about 20 years.
• 35:36
  Speaker 1: I mean, I wonder what the technology, like when they're
• 35:38
  Speaker 1: talking about Musk, where he's talking about perfecting this to
• 35:43
  Speaker 1: get people that are unable to walk.
• 35:46
  Speaker 5: To be able to walk.
• 35:47
  Speaker 7: It's called Project Blindsight. And I don't know that this
• 35:51
  Speaker 7: is it, but it might be. I'm not sure. But
• 35:55
  Speaker 7: it's a game changer for me.
• 35:57
  Speaker 1: I tell you, and it's interesting because anybody that's listening
• 36:02
  Speaker 1: that's ever had a cataract operation, And I had cataracts,
• 36:07
  Speaker 1: and I had them.
• 36:08
  Speaker 7: So did I.
• 36:09
  Speaker 1: Okay, so you want to know what's interesting is those
• 36:13
  Speaker 1: of you that have had cataract operations, those of you
• 36:15
  Speaker 1: who never have, there's no pain involved in it at all.
• 36:18
  Speaker 1: Everyone will get it if you live long enough. I
• 36:22
  Speaker 1: got it at a younger age because of sun exposure
• 36:25
  Speaker 1: and stuff like that. But as a result of it,
• 36:28
  Speaker 1: you know, you go in. that you lean back, they
• 36:31
  Speaker 1: actually tape your head down. You're awake, you know, because
• 36:34
  Speaker 1: you have to have your eyes open. You don't feel
• 36:36
  Speaker 1: any pain or any discomfort. This is hard for people
• 36:39
  Speaker 1: to imagine. And they actually, you know, cut into your eye.
• 36:42
  Speaker 1: You don't feel anything. But I remember you're looking up,
• 36:46
  Speaker 1: and when they take out your lens, because it's your
• 36:49
  Speaker 1: lens that is cloudy.
• 36:51
  Speaker 4: You follow me?
• 36:52
  Speaker 7: Yeah, that's right.
• 36:53
  Speaker 1: And when they suck that out, your vision in that
• 36:58
  Speaker 1: eye goes black, literally goes black. And then you wait
• 37:03
  Speaker 1: for them to put what's like contact lens, basically, into
• 37:07
  Speaker 1: your eye and expand it. And when they do that,
• 37:10
  Speaker 1: then if all goes well, you should be able to
• 37:13
  Speaker 1: see again. But I remember that moment when he pulled
• 37:16
  Speaker 1: out the cataract lens, you know, your natural lens that
• 37:19
  Speaker 1: went that way. And then when he put the contact
• 37:24
  Speaker 1: lens inside your eye, it was amazing. You were so
• 37:28
  Speaker 1: thankful to be able to get your vision back. Can
• 37:31
  Speaker 1: you imagine, Beck, if this would have been, Gene, like, what,
• 37:35
  Speaker 1: 50 years ago, you would have had to live your
• 37:38
  Speaker 1: life with cataracts, which is like looking through wax paper.
• 37:42
  Speaker 1: You know, everything's kind of blurry and not clear. I mean, technology,
• 37:46
  Speaker 1: somewhere with technology, they come up with, okay, we're going
• 37:48
  Speaker 1: to cut in your eye. We're going to suck the
• 37:49
  Speaker 1: lens out. We're going to put a contact lens in.
• 37:51
  Speaker 1: It automatically seals up. You're not going to feel any pain,
• 37:55
  Speaker 1: and you're going to have perfect vision again. It's incredible.
• 37:59
  Speaker 7: And I credit a lot of this to the space program, Ron,
• 38:03
  Speaker 7: from the time of John Kennedy.
• 38:06
  Speaker 4: I got a story for you.
• 38:07
  Speaker 7: Over the last 60 years, if you think about... I'm
• 38:10
  Speaker 7: going to..
• 38:11
  Speaker 1: Stand by for a minute. I got a story I
• 38:13
  Speaker 1: want to tell you on the air.
• 38:14
  Speaker 4: Hang on a minute.
• 38:15
  Speaker 1: I'm going to come back to you in a minute.
• 38:16
  Speaker 1: News Radio 570, Dodie Kevian. Stay tuned. Youngstown's news, weather,
• 38:23
  Speaker 1: and talk station, 570 WKBN. And Ron, Verb 556 here
• 38:28
  Speaker 1: on a Tuesday. What I was going to tell you, Gene,
• 38:30
  Speaker 1: there's two things I wanted to mention to you. When
• 38:33
  Speaker 1: you talk about the space program, and for everybody out
• 38:36
  Speaker 1: there that's ever had the procedure done to fix your
• 38:39
  Speaker 1: vision so you don't need glasses or contacts, LASIK or
• 38:42
  Speaker 1: whatever procedure you had done, that was not discovered by
• 38:47
  Speaker 1: the space program. I want all of you to understand
• 38:49
  Speaker 1: how that was discovered. All of you that said, hey,
• 38:51
  Speaker 1: I don't have to wear glasses or contacts and have
• 38:53
  Speaker 1: had that eye procedure done, that was discovered in Russia.
• 38:58
  Speaker 1: And it was discovered because a kid got in an
• 39:00
  Speaker 1: auto accident in Russia. and was driving in the car,
• 39:04
  Speaker 1: and the windshield busted in his face, in his eyes.
• 39:09
  Speaker 1: And when he was recovering and he opened his eyes,
• 39:15
  Speaker 1: he noticed he could see without the need of his glasses, okay?
• 39:20
  Speaker 1: Because when the windshield broke, it made some cuts in
• 39:25
  Speaker 1: his cornea, and it flattened the cornea, and he could
• 39:29
  Speaker 1: see fine. It's because of that auto accident that busted
• 39:34
  Speaker 1: that windshield in Russia that that, uh, that it was
• 39:37
  Speaker 1: discovered the LASIK procedure to fix your vision.
• 39:39
  Speaker 4: So you don't need glasses or contacts. And that's wonderful.
• 39:43
  Speaker 1: And here's my, here's my second thing I got for you.
• 39:46
  Speaker 1: Like I said, I've had, I've had cataracts in both
• 39:48
  Speaker 1: eyes at a younger age too.
• 39:50
  Speaker 4: And I said, well, why, why is this? You know, why,
• 39:53
  Speaker 4: why is this?
• 39:54
  Speaker 1: And they said, well, if you, and I never knew this,
• 39:57
  Speaker 1: like if you spent a lot of time in a
• 39:58
  Speaker 1: sun as a, as I did, uh, and still do as,
• 40:01
  Speaker 1: as a younger person and, uh, and what have you,
• 40:04
  Speaker 1: you should wear polarized sunglasses, not just polarized.
• 40:08
  Speaker 4: It helps prevent cataracts. They've got to be polarized.
• 40:11
  Speaker 1: And also, if you ever got hit in the eye,
• 40:14
  Speaker 1: if you've been hit in your eye, as I have,
• 40:17
  Speaker 1: as you would suspect, numerous times. But I've been hit
• 40:19
  Speaker 1: in my eye by baseball and stuff like that. That
• 40:23
  Speaker 1: also can cause.
• 40:24
  Speaker 7: I thought maybe one, two, three.
• 40:27
  Speaker 1: That was over the head with a frying pan. But
• 40:30
  Speaker 1: that can also give you cataracts. So if you're going
• 40:33
  Speaker 1: to be in the sun, make sure you wear polarized
• 40:35
  Speaker 1: sunglasses and sunscreen.
• 40:38
  Speaker 4: There's my eye tips.
• 40:39
  Speaker 1: But when you said the space program, I wanted you
• 40:42
  Speaker 1: to know how that was discovered because it was.
• 40:44
  Speaker 4: Like an accident and a fluke.
• 40:46
  Speaker 7: That's true, but the space program did have a lot
• 40:49
  Speaker 7: to do with the computers that we have and all
• 40:52
  Speaker 7: these people that don't think that it's worth money or
• 40:55
  Speaker 7: it's worth our time to go out and explore outer space.
• 41:00
  Speaker 7: I would be able to disagree with that because of
• 41:02
  Speaker 7: all the technology that has gone over the years.
• 41:09
  Speaker 6: From ABC News, I'm Michelle Franzen. Delaware police and emergency
• 41:14
  Speaker 6: crews on scene at Wilmington Hospital this hour following a shooting.
• 41:17
  Speaker 6: The hospital remains on lockdown. Wilmington Police Department Chief Administration
• 41:22
  Speaker 6: Officer David Karras.
• 41:23
  Speaker 5: Officers arriving have located two gunshot victims at this time.
• 41:27
  Speaker 5: Right now we're holding back on releasing their conditions until
• 41:29
  Speaker 5: families can be notified.
• 41:30
  Speaker 6: Law enforcement officials tell ABC News preliminary information indicates the
• 41:34
  Speaker 6: incident began when one hospital employee shot two other employees.
• 41:38
  Speaker 6: The alleged shooter may have been only a temporary employee.
• 41:41
  Speaker 6: The suspect said to be known to police who are
• 41:43
  Speaker 6: currently conducting a manhunt. A possible deal to end the
• 41:46
  Speaker 6: war with Iran set to be finalized this Friday that,
• 41:49
  Speaker 6: according to President Trump, terms of a memo of understanding
• 41:52
  Speaker 6: yet to be signed has not been made public. The
• 41:55
  Speaker 6: president at the G7 summit says the deal will reopen
• 41:57
  Speaker 6: the Strait of Hormuz and jumpstart nuclear talks. Democratic Senate
• 42:01
  Speaker 6: Minority Leader Chuck Schumer now calling for the president to
• 42:04
  Speaker 6: hold a classified briefing with the so-called Gang of Eight
• 42:06
  Speaker 6: lawmakers And then Americans.
• 42:08
  Speaker 8: Americans need to know how and when this war will
• 42:11
  Speaker 8: truly end. They need to know what's the deal on
• 42:15
  Speaker 8: the Strait of Hormuz. which has caused gas prices to
• 42:18
  Speaker 8: go through the roof.
• 42:19
  Speaker 6: Prices for oil beginning to drop. Gas prices also seeing
• 42:22
  Speaker 6: a dip. ABC's Elizabeth Schulze is in Bridgeport, Alabama, and
• 42:26
  Speaker 6: says it could take longer for prices at the pump
• 42:28
  Speaker 6: to stabilize.
• 42:29
  Speaker 9: The national average right at $ 4 a gallon, and GasBuddy
• 42:33
  Speaker 9: does expect that number could go down to $ 3. 75 by
• 42:36
  Speaker 9: the 4th of July if shipping does start to pick
• 42:39
  Speaker 9: up in the Strait of Hormuz on Friday. There are
• 42:41
  Speaker 9: still some big ifs there. One is that shipping companies
• 42:44
  Speaker 9: are still waiting for clarity on this deal, with the
• 42:47
  Speaker 9: ceasefire potentially expiring in 60 days.
• 42:49
  Speaker 6: The FBI announcing five people have been arrested in a
• 42:52
  Speaker 6: failed plot to attack UFC matches at the White House
• 42:55
  Speaker 6: last weekend. Sources tell ABC News the alleged plot involved
• 42:58
  Speaker 6: using drones packed with explosives. Authorities say nearly two dozen
• 43:03
  Speaker 6: people used signal chat to talk. You're listening to ABC News.
• 43:08
  Speaker 4: Hot stuff.