Latest / The Mark Belling Podcast / Mark Belling Podcast #123: Here we go again. Late ballot "surge" knocks Spencer Pratt out of top two in LA Mayor's race and the media doesn't want to hear anything about it, particularly from President Trump on Meet The Press. Also, a listener has a fascinating theory on Gen Z's difficulty in adapting to the workplace. And the sweetheart deal for Milwaukee developer Kalan Haywood Sr. just gets worse and worse.

Transcript

Mark Belling Podcast #123: Here we go again. Late ballot "surge" knocks Spencer Pratt out of top two in LA Mayor's race and the media doesn't want to hear anything about it, particularly from President Trump on Meet The Press. Also, a listener has a fascinating theory on Gen Z's difficulty in adapting to the workplace. And the sweetheart deal for Milwaukee developer Kalan Haywood Sr. just gets worse and worse. · The Mark Belling Podcast

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  Speaker 2: First of all, a lot more stuff happens in chiplewah
• 0:28
  Speaker 2: Falls that should happen in Chipwall Falls. Chipwall Falls is
• 0:31
  Speaker 2: not that big. There are two major motion picture characters
• 0:39
  Speaker 2: were from in the movie Chipwall Falls. One of them
• 0:42
  Speaker 2: was one of the characters in the Titanic. The other
• 0:46
  Speaker 2: was I've asked this trivia question in the past, so
• 0:48
  Speaker 2: why not ask it again title movie character? In other words,
• 0:52
  Speaker 2: the name of the movie was that character with some
• 0:57
  Speaker 2: chipwaf falls in the Big hand is the won the
• 1:00
  Speaker 2: Oscar for Best Picture? Jason, do you have any clue
• 1:05
  Speaker 2: it's got to be an Oscar winning movie in which
• 1:07
  Speaker 2: the name of the movie is someone's name, and it's
• 1:10
  Speaker 2: a fictional character's name. There actually aren't many of those.
• 1:14
  Speaker 2: I'm terrible on any movie that was made after like
• 1:17
  Speaker 2: two thousand and two, but I'm pretty good at all
• 1:19
  Speaker 2: of the ones that are before then, especially like the
• 1:21
  Speaker 2: Glory era of movies seventies and eighties and so on.
• 1:24
  Speaker 2: Are you any good at movies from any era or
• 1:28
  Speaker 2: eighties and nineties. This was the nineteen seventies. The title
• 1:31
  Speaker 2: character of a movie was from Chipwall Falls. Annie Hall.
• 1:36
  Speaker 2: Probably Woody Allen's best movie, Annie Hall, was supposedly from
• 1:40
  Speaker 2: Chipwall Falls. Anyway, a lot of stuff happens in Chipwall Falls,
• 1:43
  Speaker 2: and the Trump blow up and Meet the Press happen
• 1:46
  Speaker 2: in chipewaf Falls. That's where they recorded the interview. Now
• 1:50
  Speaker 2: we're going to open with that incident on today's podcast.
• 1:57
  Speaker 2: First of all, if you didn't see Meet the Press,
• 2:00
  Speaker 2: Trump was on a long time. People say he walked
• 2:02
  Speaker 2: out of the interview. No, he ended a long interview.
• 2:08
  Speaker 2: But he answered a lot of questions and it was
• 2:10
  Speaker 2: the same stuff it always is when somebody interviews Trump,
• 2:13
  Speaker 2: which is is go at it back and forth, back
• 2:16
  Speaker 2: and forth, back and forth. What set him off, though,
• 2:23
  Speaker 2: is the key. He was talking about something that it's
• 2:27
  Speaker 2: about time somebody talks about, and he's been trying to
• 2:30
  Speaker 2: bring it up and again and again and again, and
• 2:32
  Speaker 2: we get this exact same response that you got from
• 2:35
  Speaker 2: Kristin Welker. He's drawing attention to the fact that there
• 2:41
  Speaker 2: are tens of millions of Americans who do not have
• 2:44
  Speaker 2: faith in our elections. I mean, this is just a
• 2:47
  Speaker 2: subject you're not allowed to bring up. It's become every
• 2:50
  Speaker 2: Republican now that's running for us. You accept that Trump
• 2:53
  Speaker 2: lost the election in twenty twenty. They just can't stop
• 2:55
  Speaker 2: bringing that up, and they don't let anybody raise any
• 2:59
  Speaker 2: questions about election. He started to bring up what's going
• 3:06
  Speaker 2: on in California right now? Spencer Pratt apparently is not
• 3:13
  Speaker 2: going to crack the top two in the race for mayor,
• 3:17
  Speaker 2: meaning he's done. It'll be a runoff between the incredibly
• 3:21
  Speaker 2: liberal loon mayor that they currently have and the Marxists
• 3:25
  Speaker 2: even farther than left than her. When they counted the
• 3:29
  Speaker 2: votes on election night and said supposedly like sixty sixty
• 3:32
  Speaker 2: five percent her in it was neck and neck between
• 3:36
  Speaker 2: Bass and Pratt, with the third candidate, Natiah way back
• 3:41
  Speaker 2: ten points behind Pratt. She's past him in this count
• 3:46
  Speaker 2: that they have that's going on forever now. I discussed
• 3:51
  Speaker 2: this last week why it takes California so long to
• 3:54
  Speaker 2: count forwards? And Trump brought it up. And this is
• 3:59
  Speaker 2: where this argument started. And that's what it always is.
• 4:03
  Speaker 2: When people interview Trump, they don't interview him. They argue
• 4:07
  Speaker 2: with him rather than let him make his point on
• 4:13
  Speaker 2: this subject, which is important. They're in this knee jerk.
• 4:17
  Speaker 2: I have to argue it. Do you know how many
• 4:20
  Speaker 2: attempts by the mainstream media there have been in the
• 4:23
  Speaker 2: last ten years to actually look at election irregularities? Almost none. Instead,
• 4:28
  Speaker 2: they just suppress any comfort of it. They just won't.
• 4:32
  Speaker 2: It doesn't matter how screwed up the election is, how
• 4:35
  Speaker 2: irregular everything, there's nothing that can make them want to
• 4:38
  Speaker 2: look at whether or not it could be not on
• 4:41
  Speaker 2: the up and up. So we're going to pick up
• 4:44
  Speaker 2: in this point and discuss this phenomenon, and it's a
• 4:51
  Speaker 2: real phenomenon. I'll in fact, I'm not the first to
• 4:54
  Speaker 2: ask this question, but I'll ask it again to make
• 4:56
  Speaker 2: my point. Whenever you have these late night or in
• 5:01
  Speaker 2: this case, late weeks ballot drops, in which surges of
• 5:07
  Speaker 2: ballots come in hours and hours and hours after everything
• 5:10
  Speaker 2: else is counted, can you think of one instance in
• 5:14
  Speaker 2: which that surge benefited a Republican. It always benefits a
• 5:20
  Speaker 2: democrat always. Of course, people are suspicious about that, and
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  Speaker 2: they should be. You line moves fast kind of the
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  Speaker 2: we discussed why it takes so long in California, and
• 6:17
  Speaker 2: I've contrasted this with Florida. Florida needs about three or
• 6:22
  Speaker 2: four hours for the entire state to be in one
• 6:24
  Speaker 2: hundred percent same day ballots, mail in ballots, absentee ballots.
• 6:30
  Speaker 2: They get them all counted within a few hours. Why
• 6:34
  Speaker 2: does California need two weeks? Now? The defenders say, well,
• 6:38
  Speaker 2: they have different laws in California, and they do. In California,
• 6:43
  Speaker 2: almost everybody votes mail in, very little, same day voting,
• 6:48
  Speaker 2: very little, absentee, voting in person absentee. In the last election,
• 6:55
  Speaker 2: I think fifteen million ballots were cast in twelve million
• 6:57
  Speaker 2: were cast by mail. Secondly, California does not require mail
• 7:03
  Speaker 2: in ballots to be received by election day. That's a
• 7:06
  Speaker 2: major part of the problem. States can decide their own
• 7:11
  Speaker 2: election laws. In California, the ballot simply has to be
• 7:15
  Speaker 2: postmarked on election day, meaning you can mail your ballot
• 7:18
  Speaker 2: on election day. You know slow the mails are, so
• 7:24
  Speaker 2: they have to wait and wait and wait and wait
• 7:26
  Speaker 2: and wait and wait and wait for the postal service
• 7:28
  Speaker 2: to get around and deliver every last ballot. I think
• 7:37
  Speaker 2: it is ridiculous to say that your ballot can come
• 7:41
  Speaker 2: in whenever. All you have to do is mail it
• 7:43
  Speaker 2: on election day. It is your responsibility to have the
• 7:47
  Speaker 2: ballot received by election day. If you vote same day,
• 7:50
  Speaker 2: you have to be there on election day. If you
• 7:52
  Speaker 2: vote in person absentee, you have to do it before
• 7:55
  Speaker 2: election day. If you use a drop box to drop
• 8:00
  Speaker 2: it in back before election day, and if you mail
• 8:03
  Speaker 2: it in, it has to get there. Furthermore, these election
• 8:07
  Speaker 2: campaigns in the early voting go on for weeks. There's
• 8:09
  Speaker 2: no excuse for anybody not to be able to get
• 8:11
  Speaker 2: it in by election day, but they have that. Secondly,
• 8:16
  Speaker 2: they have this other thing in which if the postmark
• 8:20
  Speaker 2: is not clear, they're often smudge look at your mail.
• 8:25
  Speaker 2: They have to a first determine whether or not the
• 8:28
  Speaker 2: postmark is indeed that day, and if there is any doubt,
• 8:31
  Speaker 2: they accept it. Thirdly, they have to go through in
• 8:35
  Speaker 2: hand by hand by hand, do this thing on authentication
• 8:38
  Speaker 2: of the ballots. I remember almost all of them are
• 8:41
  Speaker 2: by mail, and they don't start processing them until election day.
• 8:48
  Speaker 2: There's no reason to do any of that crap, but
• 8:51
  Speaker 2: the fact that they do creates these problems. Though in
• 8:56
  Speaker 2: Wisconsin we have a hybrid of California and Florida. In Wisconsin,
• 9:02
  Speaker 2: we don't start counting or mail in or early in
• 9:07
  Speaker 2: person absentee ballots until election day. The Republicans have been
• 9:11
  Speaker 2: a resistant to allow you to start earlier. Other Republicans
• 9:15
  Speaker 2: are in favor of it. One of the reasons we
• 9:18
  Speaker 2: have this late our ballot dumps in Milwaukee is we
• 9:21
  Speaker 2: don't allow the Milwaukee Election Commission to start doing anything
• 9:24
  Speaker 2: on these ballots until election day. And people say, what
• 9:28
  Speaker 2: is counting the Counting the vote just means running it
• 9:30
  Speaker 2: through the machine. That's what counting the vote is. People
• 9:33
  Speaker 2: think they vote when the ballot goes to the machine.
• 9:35
  Speaker 2: That's not when you vote. You vote when you mark
• 9:38
  Speaker 2: your ballot and it's received, running it through the machine.
• 9:41
  Speaker 2: Those are just vote counters, that's what they are. So
• 9:45
  Speaker 2: in Milwaukee they have all these in person because most
• 9:48
  Speaker 2: people don't vote on election day, all these either mail
• 9:51
  Speaker 2: in or in person absentee ballots, and they've got to
• 9:54
  Speaker 2: feed them all through the machines. And they do this
• 9:57
  Speaker 2: all not at the polling place but at central count
• 10:00
  Speaker 2: and as you know, it takes them hours and hours
• 10:02
  Speaker 2: and hours and hours and hours. There's no reason it
• 10:05
  Speaker 2: should take them hours and hours and hours and hours
• 10:08
  Speaker 2: because Madison has the same thing. Almost everybody votes absentee
• 10:12
  Speaker 2: or in person, absentee or early voting, and Madison gets
• 10:17
  Speaker 2: done within two to three hours. Milwaukee takes forever. But
• 10:21
  Speaker 2: this taking forever again means that all these ballots come
• 10:24
  Speaker 2: in at the last minute, and when the slowest the
• 10:29
  Speaker 2: count ballots are the big cities, there's going to be
• 10:32
  Speaker 2: this big dump of Democrat ballots. But even having said that,
• 10:37
  Speaker 2: in California, this thing that's going on with Pratt to
• 10:40
  Speaker 2: five cents, Nathiah Rahman, who's the candidate who we thought
• 10:48
  Speaker 2: finished third, conceded defeat. She was ten points behind Pratt.
• 10:54
  Speaker 2: She conceded, and now she looks like a winner. If
• 11:00
  Speaker 2: sixty five percent of the ballots being counted have Pratt
• 11:03
  Speaker 2: up on her by ten percent, it was like thirty
• 11:05
  Speaker 2: two percent Baths, thirty percent Pratt and like nineteen percent Romen.
• 11:11
  Speaker 2: What are the chances that of the remaining thirty five
• 11:14
  Speaker 2: percent that they would be so overwhelming the Robin, the
• 11:17
  Speaker 2: third place candidate to overcome Pratt. It's questionable. And that's
• 11:24
  Speaker 2: what Trump was doing. Trump of course comes flat out
• 11:26
  Speaker 2: its Trump is wanted to do cricket. So here's the
• 11:29
  Speaker 2: exchange that went on. I'm going to stop it a
• 11:31
  Speaker 2: couple of times in here I meet the press recorded
• 11:33
  Speaker 2: in chipwaffalls.
• 11:36
  Speaker 3: The election was rigged. It was a dirty election. This
• 11:39
  Speaker 3: is happening again right now in California. Happening now in California.
• 11:45
  Speaker 3: Right now, it's looking look at what's happened in California.
• 11:48
  Speaker 2: It's in California.
• 11:52
  Speaker 3: It's now they're not there.
• 11:53
  Speaker 2: They stop the vision.
• 11:55
  Speaker 3: This.
• 11:55
  Speaker 2: First of all, this is Kristen Welker. She said the
• 11:59
  Speaker 2: Republicans are doing well in California. She's so oblivious that
• 12:02
  Speaker 2: she didn't even know of this surge that is going
• 12:05
  Speaker 2: on with the Democratic candidates of this lay counting, Trump
• 12:09
  Speaker 2: does it, and this is what's setting Trump off. Pratt
• 12:15
  Speaker 2: clearly appeared to run almost in a dead heat for
• 12:17
  Speaker 2: number one with Bass, meaning those would be the two
• 12:20
  Speaker 2: that would advance the general election. And now days and
• 12:25
  Speaker 2: days and days later, as their slow motion counting these
• 12:29
  Speaker 2: suddenly it doesn't look this way. That's what set him off.
• 12:33
  Speaker 2: So he's trying to make this point. And rather than
• 12:36
  Speaker 2: let him make the point or even hear his point,
• 12:39
  Speaker 2: what's she doing? Arguing, arguing, arguing, arguing, arguing, that's not
• 12:43
  Speaker 2: an interview. No, I've done interviews in which I've had
• 12:46
  Speaker 2: contentious back and forth with individuals that are on here.
• 12:52
  Speaker 2: But my contentious back and forth is that just interrupting
• 12:55
  Speaker 2: every single thing and bickering. And the reason this is
• 12:59
  Speaker 2: and again he did a long interview with her. She
• 13:03
  Speaker 2: comes in right now and just she will not let
• 13:05
  Speaker 2: this be brought. She will not let the president of
• 13:08
  Speaker 2: the United States get out this thought about what's going
• 13:11
  Speaker 2: on in California. Let's pick up it's a rigged election.
• 13:13
  Speaker 3: Let me tell you it's four days and they aren't
• 13:17
  Speaker 3: even close to coming up with that.
• 13:20
  Speaker 4: Because they're cheating on the election.
• 13:22
  Speaker 1: What do you have evidence?
• 13:24
  Speaker 2: I have to do is look to.
• 13:27
  Speaker 4: And I listen to people and let's see what happens.
• 13:31
  Speaker 4: It's appropriate, that's how you think it's appropriate that they
• 13:36
  Speaker 4: have an election and five days later they're nowhere close to.
• 13:40
  Speaker 2: Stop the tation. Now, that's a great point he just made.
• 13:45
  Speaker 2: Instead of following up and letting him explore that point,
• 13:51
  Speaker 2: it is a valid question that ought to be asked
• 13:54
  Speaker 2: in this country. Five days later and they're not close
• 14:00
  Speaker 2: having the winners, and there's that's the way they do
• 14:04
  Speaker 2: it out there. What kind of an excuse is that, Well,
• 14:10
  Speaker 2: this guy killed five people, that's the kind of thing
• 14:13
  Speaker 2: he does. That's the way they do it out there.
• 14:17
  Speaker 2: And again it just says, argue, argue, argue, argue. So now,
• 14:20
  Speaker 2: if you're him and you've got you've sat them. By
• 14:22
  Speaker 2: the way, all the networks want to interview Trump because
• 14:25
  Speaker 2: they all get great ratings in the interview Trump, and
• 14:27
  Speaker 2: he has been the most successible president ever. He does
• 14:30
  Speaker 2: these one on ones all the time with me, all
• 14:33
  Speaker 2: the major ohlets, they're all always the same thing in
• 14:36
  Speaker 2: which they bicker and spar with him. I question whether
• 14:40
  Speaker 2: or not there's any point in him doing them with
• 14:42
  Speaker 2: these types of interview, but he does them and instead
• 14:47
  Speaker 2: and you know much of the interview he did get
• 14:49
  Speaker 2: his stuff out. It's just on this thing with the election,
• 14:53
  Speaker 2: she's got to get in there and she's out of
• 14:54
  Speaker 2: her mind. And of course the way Trump responds to this,
• 14:57
  Speaker 2: he's not gonna seed this point and let her to
• 14:59
  Speaker 2: walk all over. So he fights back and one and
• 15:02
  Speaker 2: as you as it comes on here trumpets some patches
• 15:05
  Speaker 2: is screw. This is acknowledge. They are slow, they're urging.
• 15:11
  Speaker 2: They're crooked.
• 15:12
  Speaker 4: They're urging the votes.
• 15:13
  Speaker 2: To be counted. That's how they crooked.
• 15:15
  Speaker 3: Just like your crooked, your precious crooked, and meet the
• 15:18
  Speaker 3: presents crooked.
• 15:18
  Speaker 4: To be fair, I'm not crooked.
• 15:20
  Speaker 2: But when you play right into the hand zone, that's
• 15:24
  Speaker 2: his point. You play right into their hands. If the
• 15:28
  Speaker 2: media isn't crooked, the media would investigate things that are
• 15:32
  Speaker 2: suspicious on the left, on the right, in the middle, wherever.
• 15:36
  Speaker 2: But they don't. There's a story that I'm going to
• 15:42
  Speaker 2: be covering a little bit here on the first segment
• 15:45
  Speaker 2: of the podcast that proves that point. Trump is exactly, well,
• 15:51
  Speaker 2: if you're not crooked, you play right into their hands.
• 15:55
  Speaker 2: Do you not find this curious that one candidate is
• 16:00
  Speaker 2: doing so much better with these votes counted five days
• 16:03
  Speaker 2: later than in the millions of votes not Milt leg
• 16:08
  Speaker 2: I can remember what the total numbers were Mary California
• 16:10
  Speaker 2: in the many but he sixty five percent of the
• 16:12
  Speaker 2: vote was counted within the first twelve hours of of
• 16:15
  Speaker 2: the polls closing. That's a pretty good cross section. Is
• 16:23
  Speaker 2: it not curious that one candidate is surging among the
• 16:27
  Speaker 2: select group of ballots that are counted late. I find
• 16:34
  Speaker 2: it curious. Now Trump is saying it's corrupt. Well, maybe
• 16:40
  Speaker 2: it doesn't have proof that it's corrupt, but she doesn't
• 16:42
  Speaker 2: let him make this point that it is corrupt. And
• 16:45
  Speaker 2: he's also right. They don't show any level of curiosity
• 16:49
  Speaker 2: and looking into it. The same thing's going on right
• 16:52
  Speaker 2: now with regard to the Justice Department wanting to look
• 16:54
  Speaker 2: into what happened in Wisconsin where you had one of
• 17:01
  Speaker 2: the flash tribes on election night, the presidential election night,
• 17:05
  Speaker 2: left sitting in a computer and then everybody had left
• 17:08
  Speaker 2: the room. It was unattended, just sitting there. The FBI
• 17:15
  Speaker 2: is asking about this. The media don't ask about this.
• 17:19
  Speaker 2: What do you mean, don't ask about this. Maybe it
• 17:23
  Speaker 2: was simply carelessness on the part of the Election Commission
• 17:26
  Speaker 2: and the people over there at Central count Another thing,
• 17:32
  Speaker 2: for weeks there was a Chicago political operative embedded at
• 17:37
  Speaker 2: the Milwaukee Election Commission offices as they outsourced much of
• 17:43
  Speaker 2: the pre election work to this third party organization that
• 17:46
  Speaker 2: was leftist. That is something that ought to be investigated
• 17:52
  Speaker 2: by the FBI. It is an irregularity. I've been going
• 17:57
  Speaker 2: on and on about, I think the out and out
• 17:59
  Speaker 2: corruption that occurred right out of the noses of the
• 18:02
  Speaker 2: useless State Republican Party in Madison when they had the
• 18:07
  Speaker 2: voting in the Park thing in late September of twenty twenty,
• 18:11
  Speaker 2: the ballots were turned over to city election officials. The
• 18:14
  Speaker 2: period for early voting by statute in Wisconsin was limited
• 18:17
  Speaker 2: to the two weeks before the election. This was five
• 18:19
  Speaker 2: weeks before the election. It was people giving ballots to
• 18:22
  Speaker 2: election officials. To me, that was out and out illegal.
• 18:26
  Speaker 2: It was corrupt. Now you couldn't get the useless staffers
• 18:32
  Speaker 2: of the Wisconsin Republican Party who under this happened two
• 18:36
  Speaker 2: blocks from their office to raise us think about it.
• 18:38
  Speaker 2: But I raised to think about it. Nobody else wants
• 18:41
  Speaker 2: to raise us think about it. Trump is raising his
• 18:44
  Speaker 2: think and then comes to the conclusion that it's corrupt
• 18:47
  Speaker 2: and he has a vested interest in this given the
• 18:49
  Speaker 2: fact that there were tons of irregularities, particularly to stay
• 18:52
  Speaker 2: like Georgia in that election that he lost, he shouldn't
• 18:55
  Speaker 2: still be obsessed about this. All right, Well now he's
• 18:57
  Speaker 2: transferring this over to this thing in California, and you
• 19:00
  Speaker 2: just can't bring it up. They just are instead of
• 19:02
  Speaker 2: listening to argue, let him conclude the thought. It just
• 19:05
  Speaker 2: is bickering, bickering, bickering, bickering, bickering. That's not the role
• 19:10
  Speaker 2: of the media to bicker. It is the role of
• 19:12
  Speaker 2: the media to challenge. It is the role to ask questions.
• 19:15
  Speaker 2: But in the end, the purpose of an interview is
• 19:18
  Speaker 2: to allow the person that you are interviewing to state
• 19:21
  Speaker 2: their peace. Let's finish it off. Crooked or you're stupid.
• 19:24
  Speaker 3: Your elections are crooked, and your crooked, and these the
• 19:27
  Speaker 3: presses crooked, and so is ABC and CBS and CNN,
• 19:33
  Speaker 3: your one sided crooked network. So let's call it question
• 19:36
  Speaker 3: because I've had enough.
• 19:37
  Speaker 2: Thank you, darling, have a good time. President. Let's please
• 19:40
  Speaker 2: I traveled all the way to Wisconsin.
• 19:42
  Speaker 4: Shut I know, on and off in the ring, and
• 19:48
  Speaker 4: I've given you enough time you would to straighten out
• 19:50
  Speaker 4: your press, because you know what, the country can never
• 19:53
  Speaker 4: be great travel with list.
• 19:55
  Speaker 2: We traveled all the way to Wisconsin. Why did you
• 19:58
  Speaker 2: keep bringing that up? We traveled all the way to Wisconsin.
• 20:02
  Speaker 2: She's acting like she took a wagon train. You flew
• 20:05
  Speaker 2: in your private charter jet. I'm sure all the way
• 20:09
  Speaker 2: to Wisconsin. Where does she think we are half a
• 20:12
  Speaker 2: notch off the North Pole? Okay, you traveled on the
• 20:16
  Speaker 2: way to Wisconsin. He was on for I don't know
• 20:18
  Speaker 2: how long you say it was on a long time.
• 20:20
  Speaker 2: The unedited interview is out there on YouTube for those
• 20:22
  Speaker 2: of you didn't meet the press. And I'm not suggesting
• 20:28
  Speaker 2: that you know Trump walked off. You know he ended
• 20:30
  Speaker 2: the interview after asking a lot of questions. But I
• 20:35
  Speaker 2: understand what sets Trump off on all of this, whether
• 20:40
  Speaker 2: you agree with him or not, He does not believe
• 20:42
  Speaker 2: that our elections in America are on the up and
• 20:45
  Speaker 2: up with some of these things that go on, particularly
• 20:48
  Speaker 2: with a mail in balloting, where it's almost impossible to
• 20:52
  Speaker 2: ensure that a mail in ballot is legit, and in California,
• 20:55
  Speaker 2: it's eighty percent of them. I know, you got to
• 20:58
  Speaker 2: sign your name in this set and the other thing,
• 21:00
  Speaker 2: but it is easier to do an illegal ballot that
• 21:05
  Speaker 2: isn't cast by the voter if you're just putting it
• 21:08
  Speaker 2: in the mail. Then if it's in person absentee voting
• 21:13
  Speaker 2: where you're handing it off and signing it in front
• 21:15
  Speaker 2: of an election official, or same day voting, and then
• 21:19
  Speaker 2: this tendency, you know, one of the points that I
• 21:25
  Speaker 2: want to add the whole thing about Pratt losing. The
• 21:27
  Speaker 2: lefties kept saying that Trump's victory in twenty sixteen was
• 21:31
  Speaker 2: not on the up and up. People forget about it
• 21:33
  Speaker 2: because he trailed Hillary so badly in the polls. Well,
• 21:37
  Speaker 2: I think we've since learned that conservative voters simply don't
• 21:40
  Speaker 2: talk to the posters, and secondly, the methodology of the
• 21:42
  Speaker 2: posters is terrible. But in this election out there in LA,
• 21:46
  Speaker 2: in the most recent polls prior to the election, Pratt
• 21:49
  Speaker 2: was running a strong number two to Karen Bass, which
• 21:51
  Speaker 2: is exactly the way the vote appeared to be. After
• 21:54
  Speaker 2: sixty five percent were in Rathnon was way behind. Now
• 21:59
  Speaker 2: with the act actual voting suddenly wrought on a surgeon.
• 22:05
  Speaker 2: I think whether you want to use the word suspicious,
• 22:08
  Speaker 2: you want to use the word corrupt, at the very
• 22:10
  Speaker 2: least you got to grant that this is curious. And
• 22:16
  Speaker 2: again I'm not surprised Pratt's not going to be the
• 22:19
  Speaker 2: mayor of Los Angeles. Despite the brilliance of all these
• 22:23
  Speaker 2: You can't get the people in a city that far
• 22:26
  Speaker 2: gone to vote for someone who's conservative. You just can't.
• 22:30
  Speaker 2: This is why I think our cities are just they're doomed.
• 22:34
  Speaker 2: Pratt did everything right, but you're not going to I mean,
• 22:38
  Speaker 2: it's possible statewide in very democratic states to break through
• 22:44
  Speaker 2: if you have a perfect storm. But I think that
• 22:48
  Speaker 2: Pratt's ability to be elected mayor in Los Angeles was
• 22:51
  Speaker 2: as limited as when Bob Donovan tried to be mayor
• 22:53
  Speaker 2: of the city of Milwaukee. It's an impossibility. Let me
• 22:56
  Speaker 2: move now to New Jersey. Another telling story here. We
• 23:03
  Speaker 2: now have proof that there are numerous non citizens registered
• 23:09
  Speaker 2: to vote in New Jersey. New Jersey does not allow
• 23:13
  Speaker 2: non citizens to vote. These, by the way, are not
• 23:17
  Speaker 2: illegal immigrants. We don't even know how many of them
• 23:19
  Speaker 2: there are. Do you know how they caught this? They
• 23:31
  Speaker 2: ran a check, which you can do if you can
• 23:36
  Speaker 2: get the voter rules. In Wisconsin, the Wisconsin Election Commission
• 23:40
  Speaker 2: continues to refuse to turn over the voter rolls to
• 23:43
  Speaker 2: the Justice Department for its investigation, and the media keeps
• 23:48
  Speaker 2: defending that again, what are you hiding? In New Jersey,
• 23:53
  Speaker 2: what they found was this, once they got the voter rules,
• 23:56
  Speaker 2: they ran across check against people who were applying for
• 24:00
  Speaker 2: naturalization status, in other words, people who had applied to
• 24:04
  Speaker 2: move towards citizenship. They ran those names against the voter
• 24:08
  Speaker 2: rules and they found numerous double heads. If you're applying
• 24:12
  Speaker 2: to be a citizen and by definition you're not a citizen.
• 24:17
  Speaker 2: So if we have a lot of people that are
• 24:18
  Speaker 2: applying to be citizens already on the voter rolls, how
• 24:21
  Speaker 2: many people aren't applying, how many out and out people
• 24:24
  Speaker 2: who are here illegally and can't be citizens, how many
• 24:27
  Speaker 2: of them are on there. When you're registered to vote,
• 24:30
  Speaker 2: you don't have to do anything to show citizenship. No,
• 24:35
  Speaker 2: I've been on this forever, and in fact I got
• 24:37
  Speaker 2: into trouble for a term I used this with regard
• 24:39
  Speaker 2: to this back in two thousand. We don't even revisit
• 24:42
  Speaker 2: the entire topic but my point again is valid. There
• 24:47
  Speaker 2: is zero check against legal or illegal immigrants who are
• 24:53
  Speaker 2: not citizens from voting. And here's the key on this
• 24:59
  Speaker 2: story now, the following point. Just for those of you
• 25:02
  Speaker 2: that listen outside of Wisconsin, you'll get this. But there
• 25:05
  Speaker 2: are people in Wisconsin that some of them are just
• 25:08
  Speaker 2: fluboxed and understanding this despite my repeated attempts to explain,
• 25:13
  Speaker 2: if you live in Wisconsin, you are not a registered Republican.
• 25:16
  Speaker 2: You're not a registered Democrat. I keep pering people saying
• 25:19
  Speaker 2: I'm a registered Republican. No, you're not. If you live
• 25:22
  Speaker 2: in another state, you might be. In Wisconsin. You do
• 25:25
  Speaker 2: not register to vote by political party. Jason's from Illinois.
• 25:30
  Speaker 2: I lived in Illinois for five years. In Illinois, you
• 25:32
  Speaker 2: registered by political party, but every single election you can
• 25:37
  Speaker 2: change it. You just ask for a ballot and a
• 25:41
  Speaker 2: primary election for party. The next election you could ask
• 25:44
  Speaker 2: for one for another party. So you're not really registered,
• 25:48
  Speaker 2: but you do have to publicly declare which primary you're
• 25:50
  Speaker 2: voting in, and there's a record of that. In other states,
• 25:53
  Speaker 2: you just register and you can only vote, for example,
• 25:56
  Speaker 2: in a Democratic party. I for you're a Democrat or
• 25:57
  Speaker 2: a Publican primary for your Republican and if you're register
• 26:00
  Speaker 2: is an independent, you can't vote on the primaries. Many
• 26:03
  Speaker 2: states do it that way, Wisconsin does not. New Jersey.
• 26:07
  Speaker 2: You have to register to vote by political party. Guess
• 26:12
  Speaker 2: who The majority of the non citizens were registered political
• 26:16
  Speaker 2: party members of the Democrats. Another reason why they don't
• 26:21
  Speaker 2: want these kinds of regularities to be taken care of.
• 26:24
  Speaker 2: You have four Republican sellouts in the Senate that have
• 26:28
  Speaker 2: stopped us from passing the Save Act. The Save Actor
• 26:30
  Speaker 2: require proof of citizenship in order to be a registered voter,
• 26:34
  Speaker 2: and I admit if you did this it would be
• 26:36
  Speaker 2: a hassle for all the people already registered. What do
• 26:38
  Speaker 2: you mean you have to prove citizens some reason, some
• 26:40
  Speaker 2: people just find that to be the hardest thing to do.
• 26:42
  Speaker 2: When they passed the law with regard to real ID
• 26:45
  Speaker 2: for the driver's licenses. Oh, when you get a passport,
• 26:48
  Speaker 2: you have to prove your citizenship. You generally have to
• 26:50
  Speaker 2: get a birth certificate, and the birth certificate will see
• 26:52
  Speaker 2: it where it is that you were born. And that's
• 26:55
  Speaker 2: the clearest indication of citizenship, because in virtually all cases,
• 26:59
  Speaker 2: if you're one of the United States, you're a citizen.
• 27:04
  Speaker 2: I think it's the simplest thing to do. If you
• 27:07
  Speaker 2: don't have your birth certificate, you can easily get a
• 27:09
  Speaker 2: certified copy. I've had to do it in my life.
• 27:12
  Speaker 2: I have a copy of my birth certificate. I shouldn't
• 27:17
  Speaker 2: even tell where it is. Jason, where do you think
• 27:21
  Speaker 2: my copy of my birth certificate is? Now? That would
• 27:27
  Speaker 2: be a normal human being in a file cabinet. That
• 27:31
  Speaker 2: would be a smart, normal thing to do. I wouldn't
• 27:35
  Speaker 2: have asked that if it was a normal thing to
• 27:37
  Speaker 2: do I have. There are a handful of us in
• 27:40
  Speaker 2: America that have a certain it might be a personality disorder.
• 27:45
  Speaker 2: Our wallets are too big. That's your mine is I
• 27:48
  Speaker 2: have a George Casanza wallet? You either have a normal
• 27:53
  Speaker 2: I mean some of these people now they just they
• 27:54
  Speaker 2: just have They doesn't carry in the little slot in
• 27:56
  Speaker 2: their cell phones. I have a lot of crap in
• 27:59
  Speaker 2: my wallet. You would not. But I have a college
• 28:02
  Speaker 2: and I now do it just to amuse myself and
• 28:04
  Speaker 2: to amuse other people by pulling out the stuff that
• 28:06
  Speaker 2: said why do you have that? And they're any I
• 28:09
  Speaker 2: admit I'm now just milking it for all it's worth
• 28:11
  Speaker 2: because I can get laughs off look what I have
• 28:13
  Speaker 2: in here. I have my college idea in there. And
• 28:17
  Speaker 2: you understand how old my college idea. I'm talking half
• 28:20
  Speaker 2: a century. You never know I might want to go
• 28:24
  Speaker 2: to Whitney Hall and eat lunch. That's what you had
• 28:28
  Speaker 2: to do. You got to show your idea in order
• 28:29
  Speaker 2: to eat in the cafeteria. We even we had photo
• 28:32
  Speaker 2: id to eat lunch fifty years ago. And the lefties
• 28:35
  Speaker 2: don't want to let you have it for voting in
• 28:37
  Speaker 2: America anyway, because those four Republicans didn't vote for the
• 28:40
  Speaker 2: Save Act, it's essentially gonna die. One of them is
• 28:43
  Speaker 2: Mitch McConnell, who just he can't be gone soon enough.
• 28:47
  Speaker 2: I don't mean dead. Democrats are going to try to
• 28:53
  Speaker 2: win that election, but I don't think there's much of them.
• 28:56
  Speaker 2: I don't think that there's much of a chance of it.
• 29:00
  Speaker 2: Next story. I alluded to this one a few moments ago,
• 29:06
  Speaker 2: a story that I declared when it was happening as corrupt.
• 29:13
  Speaker 2: For those of you who are listening to my radio show,
• 29:15
  Speaker 2: you've heard me discuss this thing again, it again, and
• 29:17
  Speaker 2: again it again, because you'll recall I stated at the time,
• 29:20
  Speaker 2: there is zero chance I will be wrong. Now you'd
• 29:25
  Speaker 2: think that's pretty bodacious. When something is coming up and
• 29:28
  Speaker 2: I make a prediction and I say that there is
• 29:30
  Speaker 2: zero chance I'm going to be wrong, almost all the
• 29:33
  Speaker 2: time I say I might be wrong because upsets happen.
• 29:40
  Speaker 2: Things with very slim probability occasionally happened. I said that
• 29:45
  Speaker 2: there was zero chance that the trolley in Milwaukee would
• 29:48
  Speaker 2: be successful, right about that, and then this This deal
• 29:54
  Speaker 2: stunk from day one. There's a guy named Kailan Wood
• 30:00
  Speaker 2: Senior Seniors important. His son with the same name juniors
• 30:03
  Speaker 2: in the state legislature. That's his kid. Kid got elected
• 30:07
  Speaker 2: at an extremely young age because of the cloud of
• 30:09
  Speaker 2: Senior Kaylon Heywood Senior. He's mister Big in Milwaukee. He's
• 30:16
  Speaker 2: a prominent African American developer and has incredible clout with
• 30:23
  Speaker 2: a number of Milwaukee politicians. He's a major donor and fundraiser.
• 30:30
  Speaker 2: He'll put the yarm in others to donate. He's therefore
• 30:34
  Speaker 2: achieved powerful status and there are very few people who
• 30:39
  Speaker 2: want to question anything with regard to him. I'm not
• 30:41
  Speaker 2: one of those people afraid to do that. He was
• 30:45
  Speaker 2: never charged, so he presumably was not guilty of this,
• 30:49
  Speaker 2: but he was investigated for sexual assault. And when he
• 30:52
  Speaker 2: was investigated for sexual assault, the police chief said in
• 30:55
  Speaker 2: on the interview, when does that happen? How intimidated is
• 31:00
  Speaker 2: that for the police officer. That's the clouth. The guy
• 31:03
  Speaker 2: has it again. Maybe that case was widely discovered. The
• 31:07
  Speaker 2: woman who made the allegations described a long term, abusive,
• 31:11
  Speaker 2: sexually abusive, and non consensual sexual relationship that went on.
• 31:15
  Speaker 2: There was investigated, he wasn't charged. I'm not saying he
• 31:19
  Speaker 2: did this. What I am saying is he had enough
• 31:20
  Speaker 2: clouth that the police chief sat in in the interview.
• 31:24
  Speaker 2: That's this guy, all right, Kaylon Heywood Senior came up
• 31:27
  Speaker 2: with this plan about seven years ago. I should get
• 31:36
  Speaker 2: the exact time. Yeah, seven years I was twenty nineteen,
• 31:39
  Speaker 2: exactly seven years ago. Two at twenty first in North
• 31:42
  Speaker 2: for those of you not from Milwaukee, this is ground
• 31:46
  Speaker 2: zero of the hood, the central city. Twenty first in
• 31:49
  Speaker 2: North to take a property at the abandoned Sears building.
• 31:54
  Speaker 2: There was an old Seers that when Steers used to
• 31:56
  Speaker 2: have department stores everywhere there's a big store that Sears
• 31:59
  Speaker 2: had it twenty first and North. It's been used for
• 32:02
  Speaker 2: next to nothing forever Kaitlin Heawood Senior got city approval
• 32:10
  Speaker 2: for a massive loan. The loan was huge. It was
• 32:13
  Speaker 2: in the millions, just shy of four million dollars to
• 32:17
  Speaker 2: convert that building to a four or five star hotel.
• 32:22
  Speaker 2: Get me a break four star hotel. You're talking about
• 32:27
  Speaker 2: the nicest of the Hyatts, the nicest of the Marriottes.
• 32:31
  Speaker 2: Not and we're not talking your courtyards. We're talking a
• 32:34
  Speaker 2: really nice me For instance, the Fister would be a
• 32:36
  Speaker 2: four star, The Saint Kat in Milwaukee would be a
• 32:39
  Speaker 2: four star. Some of the others be people. That's what
• 32:42
  Speaker 2: the people from Montone always asks me, what hotels should
• 32:45
  Speaker 2: I stay in? Actually, people who live in a city
• 32:48
  Speaker 2: don't know much about what the hotels inside are. Like
• 32:50
  Speaker 2: this is when you go to dinner, because we don't
• 32:52
  Speaker 2: say at the hotels. I'd be better off kelling you
• 32:55
  Speaker 2: what hotels to stay in? You know? And anyway, who
• 33:01
  Speaker 2: in the world and those are the kinds of places
• 33:03
  Speaker 2: that charged, you know, two point fifty a night. Who
• 33:06
  Speaker 2: in the hell is gonna pay two hundred and fifty
• 33:08
  Speaker 2: a night to stay at twenty first and North. But oh,
• 33:13
  Speaker 2: this will be great redevelopment. Yeah, it would be if
• 33:17
  Speaker 2: it happened. And as they said at the time, this
• 33:21
  Speaker 2: isn't gonna happen. You'll never see this money again. Seven
• 33:26
  Speaker 2: years later, how much of this money have they seen again? None?
• 33:31
  Speaker 2: In the interim, a lot of it has been spent.
• 33:36
  Speaker 2: And this is the purpose of requesting money for something stupid.
• 33:40
  Speaker 2: You get to spend the money even though nothing's ever
• 33:42
  Speaker 2: gonna have. You hire the demolition firms, you hire the
• 33:46
  Speaker 2: asbestos removal companies, you hire this the architects, that design consultants,
• 33:52
  Speaker 2: and who knows how people get those contracts. Are they
• 33:55
  Speaker 2: buddy buddy to the developer or is there something that
• 33:58
  Speaker 2: happens that makes them und very good terms? Not to
• 34:02
  Speaker 2: mention how much money on your own staff did you
• 34:05
  Speaker 2: then compensate yourselves for doing the planning of this idea
• 34:09
  Speaker 2: that was never gonna happen. And I said, again and
• 34:11
  Speaker 2: again and again, this will never happen. Milwaukee, which always
• 34:14
  Speaker 2: claims it's broke, tells the state it's always broke, raises
• 34:18
  Speaker 2: tag always broke. They gave four million dollars to a
• 34:21
  Speaker 2: cloud heavy developer, to who had the most idiotic, implausible
• 34:26
  Speaker 2: idea that you could imagine. I mean, try to come
• 34:33
  Speaker 2: up with an idea that is more impossible to pull
• 34:36
  Speaker 2: off than a luxury hotel in the highest prime neighborhood
• 34:39
  Speaker 2: in the state of Wisconsin. Well, years go by, the
• 34:49
  Speaker 2: deadlines to repay the loan come and go, and the
• 34:51
  Speaker 2: city keeps extending him rather than fore clothes and at
• 34:56
  Speaker 2: the very least take the property back and maybe develop
• 34:59
  Speaker 2: it into s thing they could go. There is a
• 35:02
  Speaker 2: lot of stuff that is in the central cety, in particular,
• 35:05
  Speaker 2: government buildings go up, they have to be there. There
• 35:08
  Speaker 2: are probably other things that you could do with is
• 35:09
  Speaker 2: you could then sell the property against something whatever. Instead,
• 35:13
  Speaker 2: this guy hasn't paid the money back and he's still
• 35:16
  Speaker 2: sitting at it. Then he came up with a new
• 35:17
  Speaker 2: plan and a new plan. Now he has this plan.
• 35:23
  Speaker 2: Newspaper over the weekend. Apartment plan gets big financing piece.
• 35:29
  Speaker 2: So now Kaylon has decided it's not going to be
• 35:31
  Speaker 2: a five star hotel, it's going to be an apartment building.
• 35:35
  Speaker 2: In order to get government money to do an apartment building,
• 35:39
  Speaker 2: you have to make it affordable housing. The term is
• 35:43
  Speaker 2: below market reds, so eighty five percent in order to
• 35:46
  Speaker 2: get certain I think they're called urban market credits. It's
• 35:49
  Speaker 2: a credit from the government. And the credit is that
• 35:53
  Speaker 2: just money that you get. Credit means you get that money.
• 35:56
  Speaker 2: It's charged against the cost to get that credit. In
• 36:00
  Speaker 2: this case, I believe it's eighty five percent of the
• 36:02
  Speaker 2: apartments have to be below market. Well, of course they're
• 36:04
  Speaker 2: gonna be below market. If they're twenty first in North
• 36:09
  Speaker 2: you're not gonna get what they're charging in seven seven
• 36:12
  Speaker 2: seven in the assand two of the gleaming, you're not
• 36:14
  Speaker 2: gonna get what they're charging in the Kotur. Although I
• 36:17
  Speaker 2: hear those rents are going down. So three point six
• 36:26
  Speaker 2: million he's already got. Now he's applying for the urban
• 36:30
  Speaker 2: market credits. And because you've got in the urban market credits,
• 36:33
  Speaker 2: he says he's gotten a big chunk of financing. Of
• 36:36
  Speaker 2: course you're getting a big chunk of financing. It's no
• 36:39
  Speaker 2: risk for the developer if you know that the guy's
• 36:41
  Speaker 2: got these credits that he can use to pay back
• 36:44
  Speaker 2: that portion of the finance. Here's the kicker, do you
• 36:49
  Speaker 2: know how many apartments are gonna be there? Forty five
• 36:54
  Speaker 2: We loan four million dollars so the guy can put
• 36:57
  Speaker 2: up a building with forty five blasted apartments. How does
• 37:04
  Speaker 2: this guy get this deal. I'll tell you how he
• 37:07
  Speaker 2: gets this deal, because he's Kaylon Heywood Senior. This is
• 37:14
  Speaker 2: broad daylight under everybody's beak, including my oversized one. The
• 37:21
  Speaker 2: entire media knows about it. The vote in twenty nineteen
• 37:30
  Speaker 2: to approve this was twelve to three. Despite the Milwaukee
• 37:34
  Speaker 2: City Comptroller saying this is a risky idea, We're probably
• 37:37
  Speaker 2: not going to get our money back, they were overridden
• 37:43
  Speaker 2: by the city Council and the strong support of the
• 37:46
  Speaker 2: Mayor Tom Barrett. What a surprise that he's got his
• 37:48
  Speaker 2: fingerprints all over this, Bodon Dagle, you know Barrett, And
• 37:51
  Speaker 2: Barret's a guy that' spent essentially all his life in government.
• 37:54
  Speaker 2: He is a lawyer during the time he's in the legislature. Yeah,
• 37:57
  Speaker 2: it would be a great catalyst for development if you
• 37:59
  Speaker 2: could put of four seasons in the middle of the
• 38:01
  Speaker 2: hood in Milwaukee. It would also be great for me
• 38:05
  Speaker 2: if I was twenty one years old again and still
• 38:08
  Speaker 2: being this smart. There's a lot of things that would
• 38:11
  Speaker 2: be great, but I'm not going to happen. And I
• 38:18
  Speaker 2: only need to say I told you so on this,
• 38:21
  Speaker 2: and it's not just a matter of spiking the football.
• 38:24
  Speaker 2: It is drawing attention to the kind of crap that
• 38:26
  Speaker 2: goes on with clout. It goes on in urban America,
• 38:30
  Speaker 2: and it goes on all the time among progressive leaders.
• 38:35
  Speaker 2: Why are progressive leaders likely or to be corrupt than
• 38:39
  Speaker 2: conservative leaders. Well, people in more conservative areas they're pretty
• 38:45
  Speaker 2: much against everything. It'd be like trying to put up
• 38:46
  Speaker 2: a data center. They're suspicious of all this stuff because
• 38:52
  Speaker 2: they don't like spending money. The lefties want to spend
• 38:57
  Speaker 2: money right and left, race taxes, race taxes, race taxes.
• 39:00
  Speaker 2: They're not going to question any spending. And in this case,
• 39:03
  Speaker 2: the spending is going to one of the godfathers of
• 39:05
  Speaker 2: the central city. And hey, what sing you another Milwaukee story.
• 39:11
  Speaker 2: We had another street take over over the weekend. I
• 39:15
  Speaker 2: need to make the same comment on this issue that
• 39:17
  Speaker 2: I make every time. This is the street takeover This
• 39:19
  Speaker 2: woul occurred on the south side, and you're thirteenth in Mitchell.
• 39:22
  Speaker 2: It is that is a somewhat vibrant neighborhood you've got,
• 39:29
  Speaker 2: it's also a neighborhood that is, you know, clashing with
• 39:32
  Speaker 2: itself for people not from Milwaukee. The third ward is
• 39:35
  Speaker 2: the area just south of downtown, just on the south
• 39:39
  Speaker 2: side of seven ninety four. You go farther south and
• 39:42
  Speaker 2: you get into the Walkers Point neighborhood. The Walker's Point
• 39:45
  Speaker 2: is beyond the third ward. Walker's Point is kind of
• 39:50
  Speaker 2: abridging this area or abutting I guess it'd be a
• 39:53
  Speaker 2: better term. This is thirteenth meaning thirteenth is the Milwaukee River,
• 39:57
  Speaker 2: which divides east and west if you say zero thirteen,
• 40:00
  Speaker 2: So it's a little bit west of that area. But
• 40:02
  Speaker 2: in the Walkers Point area, there's a housing renaissance, a
• 40:04
  Speaker 2: lot of restaurants have come in, a lot of gentrification,
• 40:07
  Speaker 2: and the downtown for the Latino community on the south side,
• 40:14
  Speaker 2: it's kind of in that area. So I mean, this
• 40:16
  Speaker 2: isn't the pits of a neighborhood, but it's got a
• 40:19
  Speaker 2: crime issue, but it's also got a lot of things
• 40:21
  Speaker 2: going on. There was some sort of Puerto Rican celebration
• 40:24
  Speaker 2: over the weekend. There's some evidence that that had something
• 40:27
  Speaker 2: to do with this, but I think you have to
• 40:29
  Speaker 2: be careful in not blaming the people involved in the
• 40:32
  Speaker 2: Puerto Rican celebration in the same way I worry about
• 40:36
  Speaker 2: Juneteenth Day, which is coming up in a week and
• 40:38
  Speaker 2: a half here. The people in charge of Juneteenthday and
• 40:42
  Speaker 2: participate in Juneteenth Day, they're not the ones that make
• 40:45
  Speaker 2: a mess. When there's trouble at Juneteenth Day. There are
• 40:48
  Speaker 2: people that, because of the fact that there's crowds around,
• 40:51
  Speaker 2: choose these places to act up. So there's not an
• 40:54
  Speaker 2: indictment of the Puerto Rican celebration, but there they said
• 40:56
  Speaker 2: on the street takeover people carrying Puerto Rican flags. Anyway,
• 41:01
  Speaker 2: a street takeover is when dozens, sometimes hundreds of young
• 41:04
  Speaker 2: people come down and just create mayhemond. There's so many
• 41:09
  Speaker 2: of them that the cops seem to think that they're
• 41:11
  Speaker 2: powerless to do anything about it. And this is my
• 41:13
  Speaker 2: problem with it. Because the cops think that they're powerless
• 41:17
  Speaker 2: to do anything about it, they don't do anything, and
• 41:19
  Speaker 2: every time they don't do something and encourages these to
• 41:22
  Speaker 2: happen again. Chicago's five years ahead of us on this.
• 41:25
  Speaker 2: They have street takeovers constantly. I was just talking to
• 41:28
  Speaker 2: a friend a few days ago and they went to
• 41:30
  Speaker 2: Gibson's in Chicago for lunch on Friday. Gibson's great Place,
• 41:36
  Speaker 2: and that area and Rush Street used to be the
• 41:37
  Speaker 2: groad of the greatest urban areas in America. First of all,
• 41:41
  Speaker 2: I don't have any desire to go down there anymore.
• 41:43
  Speaker 2: But secondly, even if I had that, I just wouldn't
• 41:45
  Speaker 2: do it. Michigan Avenue is almost abandoned. Those entertainment areas,
• 41:53
  Speaker 2: the street takeovers and the wilding is the term they
• 41:56
  Speaker 2: used to happens down there all the time. Yeah, I
• 41:58
  Speaker 2: go down there for lunch. Chicago's police, with the lefty
• 42:04
  Speaker 2: mayors that they have, don't do anything when these things occur.
• 42:07
  Speaker 2: They just stand around and watch, so they keep occurring.
• 42:11
  Speaker 2: We've had a lot of these takeovers go on in
• 42:13
  Speaker 2: downtown Milwaukee, some on Water Street in the bar area.
• 42:16
  Speaker 2: There was one in Water Street near Wisconsin Avenue, which
• 42:19
  Speaker 2: is not quite the bar. There's a lot of hotels
• 42:21
  Speaker 2: and all that going on. And know this one on
• 42:22
  Speaker 2: the south side. They'll run around and they'll do burnouts
• 42:26
  Speaker 2: and new wheelies, yelling and screaming, hundreds of people, playing
• 42:30
  Speaker 2: loud music and just generally causing mayem and violate the law. Now,
• 42:34
  Speaker 2: from the perspective of the police, if they tried to
• 42:35
  Speaker 2: start arresting people, they feared that there would be a riot.
• 42:38
  Speaker 2: And I grant you there might be a riot, but
• 42:41
  Speaker 2: there's no alternative in this. You want this to simply
• 42:44
  Speaker 2: occur all the time. And who does that harm? It
• 42:46
  Speaker 2: destroys the quality of life of the people who live
• 42:49
  Speaker 2: in that area. How'd you like to be a hard
• 42:51
  Speaker 2: working Latino family and you have to put up with
• 42:53
  Speaker 2: this crap. It's scary. You go in there with a
• 42:58
  Speaker 2: show of force, rest as many people as you can.
• 43:02
  Speaker 2: We used to use the term paddy wagons, and you
• 43:04
  Speaker 2: know that that's now considered to be an ethnic slur.
• 43:06
  Speaker 2: But I think I had I might have asked you
• 43:08
  Speaker 2: that already on the podcast. Apparently the Irish that that's
• 43:11
  Speaker 2: where I didn't even know. That's where it came from.
• 43:14
  Speaker 2: The term paddy wagon apparently came when the back in
• 43:16
  Speaker 2: the eighteen hundreds, when the drunks got all the Irish
• 43:19
  Speaker 2: got all drunk at the bar, they'd throw them into
• 43:21
  Speaker 2: the big thing and haul them all off to jail.
• 43:22
  Speaker 2: They called a patty wagon. I don't think any actual
• 43:25
  Speaker 2: Irish are bothered by this, but anyway, put them in
• 43:29
  Speaker 2: these big police vans that they have and haul them
• 43:31
  Speaker 2: in there and then slow walk court appearance. None of
• 43:34
  Speaker 2: this court appearance. The next morning, hem sit in jail well,
• 43:39
  Speaker 2: and again, you're never gonna arrest one hundred of them,
• 43:41
  Speaker 2: but you can get twenty five or thirty, and it
• 43:43
  Speaker 2: can be miserable enough for them that they may realized
• 43:47
  Speaker 2: there's a downside. Now Again, everybody's a Helion when they're young.
• 43:52
  Speaker 2: I wasn't enough of a Helia to do a street takeover,
• 43:54
  Speaker 2: but I might have had enough of a Helian to
• 43:57
  Speaker 2: say Lacrosse used to have the big thing on October five.
• 44:00
  Speaker 2: It was, by the way, a police state when they
• 44:03
  Speaker 2: did it, And if it wasn't a police state, that
• 44:04
  Speaker 2: would have been a glorified street takeover that thousands of
• 44:07
  Speaker 2: college students from across the country come to Lacrosse for Otoberfest.
• 44:11
  Speaker 2: They had a law, you can't do public assumption in Lacrosse.
• 44:15
  Speaker 2: You can in a lot of cities publicly. That means
• 44:17
  Speaker 2: you can in many cities drink alcohol on the street.
• 44:20
  Speaker 2: You can't in Lacrosse. All the students of Lacrosse knew
• 44:24
  Speaker 2: you can't take the beer out of the bar and
• 44:26
  Speaker 2: drink on the street in these plastic cups. The ones
• 44:28
  Speaker 2: who from who came from all these other colleges, they
• 44:31
  Speaker 2: got arrested right and left for public assumption and the
• 44:34
  Speaker 2: cops who are just looking for any reason to arrest you,
• 44:37
  Speaker 2: which kept Octoberfest from being the kind of riot. If
• 44:44
  Speaker 2: they don't start cracking down and arresting people at this
• 44:49
  Speaker 2: even knowing that short term there will be terrible blowback,
• 44:53
  Speaker 2: you're eventually going to have an out and out street
• 44:57
  Speaker 2: takeover that becomes a riot where businesses, that is, roy
• 45:00
  Speaker 2: homes are people's homes are invaded. All of that is
• 45:03
  Speaker 2: going to happen. Leftist cities are incapable of doing anything
• 45:09
  Speaker 2: about this, which, as I say, is why there are
• 45:11
  Speaker 2: a lost cause. And now this hutzpa, somehow that's not you.
• 45:17
  Speaker 2: You're still allowed to say hutzpa. I think it's because
• 45:21
  Speaker 2: hutsba Actually, is that a Yiddish word? You know nothing
• 45:23
  Speaker 2: what Yiddish? All those terms that like Jewish people use,
• 45:27
  Speaker 2: they say they're Yiddish, which is, like, I guess, like
• 45:30
  Speaker 2: a dialect that was kind of slang filled. Hutzpa. Gall
• 45:35
  Speaker 2: would be another way of saying it. But gall is
• 45:37
  Speaker 2: like hutzpa is like more gentle, Like gall is you're
• 45:43
  Speaker 2: doing something just obnoxious. This isn't obnoxious. There's some potspot
• 45:46
  Speaker 2: to it. I've got up Today's Wall Street Journal. There
• 45:51
  Speaker 2: is a full page ad. I have intimate knowledge of
• 45:54
  Speaker 2: the contents of this ad. Some of you will understand
• 45:59
  Speaker 2: what I'm talking about. Others of you will not, which
• 46:01
  Speaker 2: is why I'll explain the full page ad. The ad
• 46:06
  Speaker 2: is taken out by Spain. It's probably from the Economic
• 46:09
  Speaker 2: Development arm of Spain. And you'll see a lot of
• 46:11
  Speaker 2: ads like this. You know, the Tourism Board of so
• 46:13
  Speaker 2: forth and Saudi Arabia was doing a lot of them. Well, Spain.
• 46:19
  Speaker 2: The headline there's a big giant picture, and I'll describe
• 46:21
  Speaker 2: the picture, and I'm in an under it, the headline
• 46:23
  Speaker 2: we build peace, good things are happening in Spain, and
• 46:27
  Speaker 2: then some sort of logo of Spain, so that's what
• 46:30
  Speaker 2: it says. And then it shows a construction site. The
• 46:36
  Speaker 2: construction site is and again, you either know about this,
• 46:41
  Speaker 2: and if you nobody, you know everything or you don't
• 46:43
  Speaker 2: know anything. There's very little in between. Do you know
• 46:46
  Speaker 2: about Le sigrata Familia you're in the note you don't
• 46:49
  Speaker 2: know anything about it? You've never been to Barcelona. Then
• 46:52
  Speaker 2: anybody who's been at Barcelona knows about this. I've been
• 46:56
  Speaker 2: at Barcelona on a cruise. Thank god. For all the cruises,
• 46:59
  Speaker 2: we got to go a lot of great places. La
• 47:02
  Speaker 2: Sagrada Familia is this church that's being built in Barcelona.
• 47:10
  Speaker 2: It's possible that it's the most beautiful building on planet Earth.
• 47:16
  Speaker 2: If you think that that's hyperbole. Anybody that's ever went
• 47:20
  Speaker 2: on a trip to Barcelona, when they come back and
• 47:22
  Speaker 2: tell you what they all say the same thing, the
• 47:23
  Speaker 2: thing that I just said. And when people ask for tips,
• 47:26
  Speaker 2: if you go to Barcelona, you have to go to
• 47:27
  Speaker 2: the church, they didn't even say which you have to
• 47:29
  Speaker 2: go to the church. The architect is a genius named Gaudy.
• 47:35
  Speaker 2: The church is unbelievably intricate. The interior is incredible, the
• 47:43
  Speaker 2: stonework on the exterior, it's just this massive building. I mean,
• 47:49
  Speaker 2: I can't even count the number of steeples. It looks
• 47:51
  Speaker 2: to me like twenty five, including a giant steeple in
• 47:54
  Speaker 2: the middle, and then two giant ones that flank the
• 47:57
  Speaker 2: one in the middle and across on the top. And
• 48:02
  Speaker 2: there's all this lattice work at intricate. I mean, wely,
• 48:05
  Speaker 2: it's just unbelievable. Gaudy was described as insanely brilliant, and
• 48:13
  Speaker 2: I think at some point you're so brilliant that you
• 48:15
  Speaker 2: become insane. And the insanity is simply you do something
• 48:20
  Speaker 2: that you can't do. But Gaudy had this vision of
• 48:25
  Speaker 2: building this. This is the church that's in his head.
• 48:28
  Speaker 2: We build peace. And you see, of course, in the
• 48:32
  Speaker 2: thing with the church. And again, anybody who's been to
• 48:34
  Speaker 2: this church now knows what I'm gonna tell. You're gonna see.
• 48:37
  Speaker 2: You see all around the church, one after the other,
• 48:40
  Speaker 2: a zillion construction cranes because the church isn't done. They
• 48:48
  Speaker 2: started building the church in eighteen eighty three. It's not done.
• 48:57
  Speaker 2: So they're putting this thing up. We build peace. No,
• 49:01
  Speaker 2: you're building piece. It's not done yet. Now I know
• 49:04
  Speaker 2: why they're running this now. Two months ago. I take
• 49:08
  Speaker 2: it back four February. In February they topped it off.
• 49:12
  Speaker 2: In other words, they completed the top one hundred and
• 49:16
  Speaker 2: forty three years after they started. They topped it off.
• 49:20
  Speaker 2: But the entire construction, they've been shoving this state back
• 49:24
  Speaker 2: for one hundred and forty years. Now, it's twenty thirty four.
• 49:29
  Speaker 2: Whatever it's about. Every time they change it eight and
• 49:31
  Speaker 2: that keeps saying it won't be done by then. I
• 49:34
  Speaker 2: don't think it will ever be done. I'm sure I'll
• 49:36
  Speaker 2: be dead before it's done, but I think I could
• 49:38
  Speaker 2: live to be two hundred and it wouldn't be done. Now.
• 49:43
  Speaker 2: Obviously they are doing it right and all of this work,
• 49:49
  Speaker 2: even with the crews that they have, it just takes
• 49:51
  Speaker 2: a long time. But nothing's ever taken this long. The
• 49:54
  Speaker 2: real problem, of course is, you know, Spain has these
• 49:56
  Speaker 2: socialist tendencies to it. All the construction is labor union
• 50:01
  Speaker 2: and they're not like the construction trades in the United States,
• 50:04
  Speaker 2: which are hard working and get job buildings done on time.
• 50:08
  Speaker 2: You know, Spain also has like the you know, they
• 50:10
  Speaker 2: take the break. I don't know if they call them
• 50:12
  Speaker 2: cs this still, but they take the mid afternoon there,
• 50:14
  Speaker 2: don't work very hard or very long there. That's why
• 50:17
  Speaker 2: it takes a lot. So they're putting this thing up.
• 50:19
  Speaker 2: We build peace. I mean this is as I say,
• 50:22
  Speaker 2: this is gaulf They're bragging about the construction of something
• 50:26
  Speaker 2: that it's one hundred and forty years in the process.
• 50:29
  Speaker 2: It isn't done. Even though it's not done, I mean
• 50:33
  Speaker 2: they've been holding mass there for over one hundred years.
• 50:34
  Speaker 2: You can still you can because it's like I say,
• 50:37
  Speaker 2: it's mostly done, and the interior is as beautiful as
• 50:41
  Speaker 2: the xterior. You go into the interior, I mean, I've
• 50:43
  Speaker 2: got pictures. Everybody goes there as pictures. It's I think
• 50:47
  Speaker 2: it's one of the wonders of the world. But you
• 50:52
  Speaker 2: look at it, there's still there's still cranes hanging around
• 50:55
  Speaker 2: all over the place, and there's like scaffolding on the outside.
• 50:58
  Speaker 2: And so Spain's bragging about the building process of something
• 51:06
  Speaker 2: that isn't finished. And I know why they run the picture.
• 51:08
  Speaker 2: First of all, it's an attention getting picture because the
• 51:10
  Speaker 2: building is so beautiful. And secondly, if they wait until
• 51:13
  Speaker 2: it's not, as I said before, they'll never be able
• 51:15
  Speaker 2: to run the ad. You're listening to the Mark Belling podcast.
• 51:23
  Speaker 2: This is the Mark Belling podcast. We've been here in
• 51:29
  Speaker 2: season two of the podcasts spent several segments talking about
• 51:33
  Speaker 2: gen Z that's the generation after the Millennials, basically about
• 51:37
  Speaker 2: twenty five at hundred, and it started when we did
• 51:40
  Speaker 2: a lot of discussion about this phenomenon that's going on
• 51:42
  Speaker 2: of gen Z returning to church, which they're doing in droves.
• 51:46
  Speaker 2: There've since been follow ups in which it seems to
• 51:49
  Speaker 2: be limited to them almost entirely to urban gen z
• 51:52
  Speaker 2: ers that this isn't god going on in rural areas
• 51:55
  Speaker 2: or small towns, It's in the big cities. And I
• 51:57
  Speaker 2: think that that makes some sense, because the younger people
• 52:00
  Speaker 2: that feel something most absent in their life would likely
• 52:03
  Speaker 2: be the ones that are living in the godless big
• 52:07
  Speaker 2: cities where the sense of lack of sense of community
• 52:10
  Speaker 2: and so on would be most apparable. We've been discussing
• 52:13
  Speaker 2: other things as well, including we did a couple of
• 52:15
  Speaker 2: segments on this clash between gen z and the baby boomers.
• 52:19
  Speaker 2: It started when Kevin O'Leary, sharkkank I commentator Nicknamester Wonderful,
• 52:24
  Speaker 2: said it just drives him crazy that he hears these gen
• 52:27
  Speaker 2: Z's talking about how the affordability thing when they're buying
• 52:29
  Speaker 2: eleven dollars lattes, they go to Starbucks every morning, and
• 52:32
  Speaker 2: they go on four trips a year. How do you,
• 52:35
  Speaker 2: of course, things aren't affordable when you're spending money like
• 52:38
  Speaker 2: you're fifty five and you're already a millionaire. And the
• 52:41
  Speaker 2: gen Z has just reacted with incredible anger over that,
• 52:44
  Speaker 2: saying the baby boomers had it easy, things are less expensive.
• 52:47
  Speaker 2: We gen zers have it way tougher anyway. Now, this
• 52:52
  Speaker 2: one of the other things that's been commented on is
• 52:56
  Speaker 2: the difficulty the gen zers. And again these are the
• 52:58
  Speaker 2: youngest ones. Are the ones now end during the workforce
• 53:01
  Speaker 2: are having transitioning from non employees to employees. They're the
• 53:08
  Speaker 2: ones that are in there immediately talking about the work
• 53:11
  Speaker 2: life balance, and they don't want to work Fridays. Kind
• 53:14
  Speaker 2: of like all the stuff that it took me until
• 53:16
  Speaker 2: I was in my sixties to be able to do,
• 53:18
  Speaker 2: they want now and many of them just don't seem
• 53:24
  Speaker 2: to like working. I've been blessed. I have the greatest
• 53:26
  Speaker 2: job in the world. I get paid to shoot my
• 53:28
  Speaker 2: big mouth off. If I just had to do some
• 53:32
  Speaker 2: other job in one of these offices or something, I
• 53:34
  Speaker 2: don't know if I'd like the job either, but it
• 53:37
  Speaker 2: was all just a given. But do you like your job?
• 53:38
  Speaker 2: And you have to have a job. As you're born
• 53:41
  Speaker 2: in the money, you have to have a job. And
• 53:46
  Speaker 2: they're fighting this, and many of that are open to
• 53:48
  Speaker 2: the notion of socialism where somebody's going to give them
• 53:51
  Speaker 2: something for free because they don't want to have to
• 53:53
  Speaker 2: do all this work to get anyway. I got an
• 53:54
  Speaker 2: interesting comment from a listener on this. I get been
• 53:59
  Speaker 2: getting zillionians of comments on the whole gen Z thing
• 54:01
  Speaker 2: and a lot of other issues, but this one was
• 54:04
  Speaker 2: thought provoking, and I generally share stuff that I think
• 54:10
  Speaker 2: this person's figured it out, and I think that there's
• 54:12
  Speaker 2: a lot of truth to this. I won't read his name,
• 54:14
  Speaker 2: I'll read the end of this. I've got some additional
• 54:16
  Speaker 2: points that I haven't heard anyone else mention about the
• 54:19
  Speaker 2: constant whining that the gen Zers do. I will preface
• 54:24
  Speaker 2: this by admitting that the cost of living is obviously
• 54:28
  Speaker 2: higher than previous generations have had to deal with. That
• 54:31
  Speaker 2: being said, they need to adapt and learn to sacrifice.
• 54:36
  Speaker 2: One major reason I think a lot of young people
• 54:39
  Speaker 2: have trouble finding or keeping a job. Now here's the
• 54:41
  Speaker 2: point that he gets to it. It's a mail that's
• 54:43
  Speaker 2: writing this, and I is a very good point. I've
• 54:47
  Speaker 2: hinted at this in a couple of earlier comments over
• 54:49
  Speaker 2: the years. One major reason I think a lot of
• 54:52
  Speaker 2: young people have trouble finding or keeping a job is
• 54:56
  Speaker 2: because they've never even had a part time job. I
• 55:02
  Speaker 2: think this is it. So they leave college never having
• 55:11
  Speaker 2: worked before, and are now overwhelmed by the reality of
• 55:15
  Speaker 2: jumping to a forty hour work week. They never had
• 55:19
  Speaker 2: a stepping stone. It's like going from playing high school
• 55:23
  Speaker 2: baseball to being thrown right into the majors and being
• 55:27
  Speaker 2: completely unqualified to make the leap. On the other hand,
• 55:33
  Speaker 2: forty hours was the minimum for older generations. Let me
• 55:39
  Speaker 2: interject that with that's correct for them bitching about the
• 55:41
  Speaker 2: forty hour week. Forty was the minimum. I don't think
• 55:49
  Speaker 2: until I got into my third year here in Milwaukee
• 55:54
  Speaker 2: that I work less than forty hours. After that I
• 56:02
  Speaker 2: could get away with. You know, the show was three
• 56:03
  Speaker 2: three and a half hours long. I could get away with,
• 56:05
  Speaker 2: say three to three and a half hours of show prep.
• 56:08
  Speaker 2: That's about seven hours. I'm always thinking about the show,
• 56:11
  Speaker 2: and that was my other things that they'd be a
• 56:12
  Speaker 2: little bit under forty hours. Those are working full time.
• 56:18
  Speaker 2: Forty hours is the minimum. Forty hours is the kind
• 56:21
  Speaker 2: of thing that you did if you had like a
• 56:22
  Speaker 2: factory job or an hourly job, and anything else would
• 56:25
  Speaker 2: be over time. Anybody who's working in any kind of field,
• 56:29
  Speaker 2: you're gonna go he of course you're working more the
• 56:30
  Speaker 2: forty hours. You're coming in a lot of Saturdays, you're
• 56:33
  Speaker 2: working at home. It's part of the deal. Now, this
• 56:36
  Speaker 2: is the point that the person is making for all
• 56:38
  Speaker 2: these generations prior to the gen Zers, forty wasn't like
• 56:43
  Speaker 2: though the end new I got, We're gonna work forty.
• 56:46
  Speaker 2: Forty is the least you could get away with if
• 56:47
  Speaker 2: you wanted to make enough money. Continuing, my parents both
• 56:51
  Speaker 2: had second jobs in the eighties to go along with
• 56:54
  Speaker 2: their nearly twenty percent mortgage rate. That's the other point
• 56:58
  Speaker 2: he makes. Gen Zers are complaining about the cost of housing.
• 57:02
  Speaker 2: A lot of people emerged from the cost of housing,
• 57:05
  Speaker 2: and if you don't have a lot of money, the
• 57:06
  Speaker 2: biggest part of the cost of housing is the interest rates.
• 57:09
  Speaker 2: Mortgage rates are still way lower than they've been for
• 57:11
  Speaker 2: most of the last fifty to sixty years. And he's right.
• 57:15
  Speaker 2: You think about the number of people that have part
• 57:16
  Speaker 2: time jobs. Just a staple guide work a couple of
• 57:24
  Speaker 2: nights as a bartender. Somebody work weekends doing this. Mom
• 57:31
  Speaker 2: would often have three part time jobs waitress here, do
• 57:33
  Speaker 2: this there, And it was never considered like that's an
• 57:38
  Speaker 2: onerous thing, that's just okay, this is just what we do. Now,
• 57:42
  Speaker 2: the point that this person is making is those people.
• 57:46
  Speaker 2: In fact, almost everybody prior to maybe the middle of
• 57:49
  Speaker 2: the millennials transitioned to full time work. I had my
• 57:54
  Speaker 2: first job when a sixteen. Was the law on Wisconsin.
• 57:57
  Speaker 2: You could work younger than that if it was a
• 57:58
  Speaker 2: family business. And I'm not counting working side gigs like
• 58:01
  Speaker 2: babysitting and all of that, but some people did that.
• 58:04
  Speaker 2: Some kids did that too, babysitting or yard work, you know,
• 58:07
  Speaker 2: cut the neighbors lawn when you're thirteen, before you go
• 58:10
  Speaker 2: into actual formal work. You could work in a business
• 58:13
  Speaker 2: as a regular employee under sixteen when I was a kid,
• 58:15
  Speaker 2: if it was a family owned business. But to be
• 58:17
  Speaker 2: an actual on the books employee, you needed a Social
• 58:20
  Speaker 2: Security number, the whole thing W two's on a payroll.
• 58:24
  Speaker 2: I was sixteen, and that's when I started started by
• 58:27
  Speaker 2: working for the city. You know, teens all this, and
• 58:32
  Speaker 2: that's who did all the part time jobs kids worked.
• 58:36
  Speaker 2: In college, I worked pretty much everybody I knew. I worked,
• 58:41
  Speaker 2: other than the kids that were so stoned on drugs
• 58:43
  Speaker 2: that they couldn't work, and that was a problem even then.
• 58:46
  Speaker 2: But everybody worked. How old would you have any money?
• 58:48
  Speaker 2: Your mom and dads were gonna give you all this money,
• 58:53
  Speaker 2: and it worked to put myself to college. I did
• 58:57
  Speaker 2: have a loan. It was tiny by the standards of today.
• 58:59
  Speaker 2: The loan was a to pay. My bills are about
• 59:01
  Speaker 2: one year out of the five I took to get
• 59:03
  Speaker 2: out of college. But the point that he's making is
• 59:07
  Speaker 2: this that business is starting to work right away. When
• 59:10
  Speaker 2: you're a kid, that's your transition. You start gradually growing
• 59:14
  Speaker 2: into the notion of this is what you're going to do,
• 59:16
  Speaker 2: and you know as a kid, everybody you're in for that.
• 59:19
  Speaker 2: We weren't these My generation was not the one that
• 59:22
  Speaker 2: wanted to stay at home all day. All we want
• 59:24
  Speaker 2: to do was get out. Well, getting out meant you
• 59:26
  Speaker 2: were totally on your own and totally on your own
• 59:28
  Speaker 2: busses that you want to work full time so you
• 59:30
  Speaker 2: could live with everybody wanted that. Now I realized time change.
• 59:37
  Speaker 2: But I think that the point that the person is
• 59:39
  Speaker 2: making and sending me this is I guess it would
• 59:42
  Speaker 2: have been. I imagine if I just didn't work in
• 59:44
  Speaker 2: high school, went to college, didn't work in college, didn't
• 59:47
  Speaker 2: work on the student newspaper, which was actually a paying job.
• 59:50
  Speaker 2: In addition to all the other things that I need
• 59:52
  Speaker 2: to make money, and I just suddenly, at the age
• 59:54
  Speaker 2: of twenty two, I'm suddenly going from never having worked
• 59:57
  Speaker 2: to working forty or in my case it was sixty hours.
• 59:59
  Speaker 2: Then of course I would not be ready for what
• 1:00:04
  Speaker 2: a culture shock. Now there's a lot of things that
• 1:00:09
  Speaker 2: have changed. People don't like to use babysitters anymore because
• 1:00:13
  Speaker 2: it's just, frank, it's a real problem. I don't know
• 1:00:15
  Speaker 2: that i'd trust the babysitter. Freaks and perverts and people
• 1:00:20
  Speaker 2: do it in terrible things that they're kids, and some
• 1:00:23
  Speaker 2: of the younger people not being as responsible. There's still
• 1:00:25
  Speaker 2: people that do it, and they're very very good at it.
• 1:00:27
  Speaker 2: But the old lady down, old lady down the street,
• 1:00:33
  Speaker 2: the older lady down, this is who's grass. The people
• 1:00:35
  Speaker 2: in my era would cut you know, there'd be a grandma,
• 1:00:38
  Speaker 2: probably a widow. She didn't want to cut the grass anymore,
• 1:00:42
  Speaker 2: so she'd hire the kid down the street. We'd, you know,
• 1:00:44
  Speaker 2: cut the grass. At all of that, I don't think
• 1:00:47
  Speaker 2: I'm not saying nobody wants to do it. It's just
• 1:00:50
  Speaker 2: really declined back to his fees. One of the reasons
• 1:00:54
  Speaker 2: I think we have a housing crisis is because most
• 1:00:56
  Speaker 2: people want to live alone, whether they can afford to
• 1:00:59
  Speaker 2: or not. You know, I've never heard anybody make this
• 1:01:03
  Speaker 2: point again. I go back, and I know that this
• 1:01:07
  Speaker 2: all saw when I was a kid, But in fact,
• 1:01:10
  Speaker 2: it's not just when I was a kid. It's when Jason,
• 1:01:12
  Speaker 2: who's one generation younger than me, he's in the Exers
• 1:01:15
  Speaker 2: and Paul was in the Exors. And I even think
• 1:01:18
  Speaker 2: it was a big chunk of the millennials because some
• 1:01:21
  Speaker 2: of them admits just stayed at home, but they were
• 1:01:23
  Speaker 2: the ones that did everything in groups. You had roommates.
• 1:01:33
  Speaker 2: I don't know how I would have lived in college
• 1:01:36
  Speaker 2: if I didn't have roommates. I had to live in
• 1:01:40
  Speaker 2: the dorm for the first year. It was required, they
• 1:01:42
  Speaker 2: let you leave. Then by the dorms are over capacities.
• 1:01:45
  Speaker 2: He almost had you could have stayed, but encourage you
• 1:01:47
  Speaker 2: to be. I didn't. I hated the dorm. You know,
• 1:01:50
  Speaker 2: share in a bathroom with eighty grungy, ugly, pathetic guys anyway,
• 1:01:55
  Speaker 2: so instead I moved into a dump with four guys.
• 1:01:58
  Speaker 2: Always had roommates because how else could you afford these
• 1:02:02
  Speaker 2: shacks that we lived in. And then when you're in
• 1:02:06
  Speaker 2: your early twenties, you have roommates until you make enough
• 1:02:09
  Speaker 2: money that you can live alone. But anyway, back to
• 1:02:10
  Speaker 2: the person's point is most people want to live alone,
• 1:02:14
  Speaker 2: whether they can afford to or not. Well again, of course,
• 1:02:16
  Speaker 2: of course they want to. Young people used to sacrifice
• 1:02:21
  Speaker 2: by getting a crappy apartment and cramming two or three
• 1:02:24
  Speaker 2: roommates together to afford up place. He's speaking to me,
• 1:02:27
  Speaker 2: Did you have to do that? Do you haven't your
• 1:02:28
  Speaker 2: parents give you a ton of money when you're you
• 1:02:30
  Speaker 2: grew up in displays. My guess is you were middle class, right, yeah,
• 1:02:35
  Speaker 2: did you get married earlier? I don't know Jason's background
• 1:02:37
  Speaker 2: because he's just, oh so rather recent. So when you
• 1:02:43
  Speaker 2: started out working, you know, in your early twenties, you
• 1:02:46
  Speaker 2: probably lived in dumpy places and all of that. Right, Yeah,
• 1:02:50
  Speaker 2: that's the roommates the normal thing. It's exist So, I mean,
• 1:02:53
  Speaker 2: it's not just baby boomers saying this. This is pretty
• 1:02:56
  Speaker 2: much the norm until very recently. We also bought used
• 1:03:04
  Speaker 2: cars that were beaters. Again. I remember my first new car.
• 1:03:08
  Speaker 2: It was like the cheapest new car you could buy.
• 1:03:11
  Speaker 2: It was a two seater. It was in eighty four.
• 1:03:14
  Speaker 2: I bought it was a great car, the Honda, the
• 1:03:16
  Speaker 2: original Honda CRX great car. This is back when no
• 1:03:21
  Speaker 2: cars had horsepower. It was less than one hundred horsepower,
• 1:03:23
  Speaker 2: but the handling was unbelievably because the car was. It
• 1:03:26
  Speaker 2: was a fun car, and my recollection was it was
• 1:03:31
  Speaker 2: about ninety five hundred and ten thousand dollars cheap. Prior
• 1:03:35
  Speaker 2: to that, I had baiters. I milked my brilliant sixty
• 1:03:38
  Speaker 2: eight Cameroo confertible, which what I bought. We didn't know
• 1:03:41
  Speaker 2: it was a classic then it was just an eight
• 1:03:42
  Speaker 2: year old used car. I milt that for all the
• 1:03:45
  Speaker 2: way through college. And then I had the same car. Well,
• 1:03:50
  Speaker 2: Maverick and Lincoln Mercury had the same car with different names,
• 1:03:54
  Speaker 2: even as they do now. I think it was the Maverick,
• 1:03:59
  Speaker 2: and then the Lincoln Mercury was the Comet. I might
• 1:04:02
  Speaker 2: be wrong about that, but I had those back to back.
• 1:04:04
  Speaker 2: Each lasted a year. One was totaled when somebody did
• 1:04:08
  Speaker 2: something terrible to it. I had Peters. I still remember
• 1:04:12
  Speaker 2: buying one of them. There's a I'll tell this story.
• 1:04:15
  Speaker 2: I'm telling everything though. Back in Springfield, back I sound
• 1:04:18
  Speaker 2: like an old man talking in the nursing home. In here.
• 1:04:20
  Speaker 2: Maybe that's probably a future for that kind of podcast,
• 1:04:23
  Speaker 2: podcast for old farts, except I've got like all these
• 1:04:27
  Speaker 2: young people listening. I think maybe they find these stories fascinating.
• 1:04:31
  Speaker 2: There is this legendary car salesman in Springfield. He's got
• 1:04:35
  Speaker 2: to be dead. He has to be dead. You know,
• 1:04:37
  Speaker 2: when you're in your twenties, anybody that's fifty seems like
• 1:04:40
  Speaker 2: they're really, really old. He's got to be dead. He
• 1:04:45
  Speaker 2: worked for he was a sales manager for the Ford
• 1:04:47
  Speaker 2: Dealer in Springfield. It was just a legend. He could
• 1:04:49
  Speaker 2: sell anything he decided. And I'm not going to work
• 1:04:52
  Speaker 2: for anybody anymore. He bought a used car Lott, and
• 1:04:54
  Speaker 2: he bought it on a really high profile street in Springfield.
• 1:04:57
  Speaker 2: I think it was called clear Lake Avenue. Guy's name
• 1:04:59
  Speaker 2: was Psy mccurly. Well si ed I used car a
• 1:05:04
  Speaker 2: lot in which he sold the kind of cars that
• 1:05:05
  Speaker 2: somebody like me would have been in the market for.
• 1:05:10
  Speaker 2: And I think the thing I think it's called Size
• 1:05:13
  Speaker 2: Auto Seals or whatever. And I think this might have
• 1:05:16
  Speaker 2: been the Maverick. It might have been the Comet. I
• 1:05:17
  Speaker 2: don't remember which one it was. I think the Comet
• 1:05:19
  Speaker 2: was orange and black, which I loved because that was
• 1:05:21
  Speaker 2: my high school colors. That nobody had an orange of
• 1:05:23
  Speaker 2: black car, and he had it on the lot and
• 1:05:30
  Speaker 2: it's stickered for eleven hundred this I thought, this is
• 1:05:35
  Speaker 2: a cool looking car. It's what I can afford. But
• 1:05:37
  Speaker 2: I'm not paying eleven hundred dollars from I've always loved
• 1:05:41
  Speaker 2: to bargain. I've just always loved to dicker. Many people
• 1:05:44
  Speaker 2: hate this. I don't well like guys, least car salesman.
• 1:05:47
  Speaker 2: That's all they did did was dicker. SI says eleven hundred.
• 1:05:50
  Speaker 2: I say nine hundred. I know the eleven hundred is
• 1:05:55
  Speaker 2: it real? And he knows my nine hundred is it real?
• 1:06:01
  Speaker 2: Ten fifty he says, nine twenty five. He went on fifty.
• 1:06:08
  Speaker 2: I go up in nine twenty five. Can't do it.
• 1:06:16
  Speaker 2: I finally said nine fifty. He said I'll go to
• 1:06:21
  Speaker 2: one thousand. So now he's down one hundred bucks. I
• 1:06:26
  Speaker 2: said I can't do it. And I in my case
• 1:06:29
  Speaker 2: that fifty down that was meaningful. There was no bank
• 1:06:31
  Speaker 2: loans for something like that this at this point, and
• 1:06:33
  Speaker 2: not credit cards. I mean that I had to pay
• 1:06:35
  Speaker 2: in cash and I was doing veteran springfield and in
• 1:06:37
  Speaker 2: the earlier cities, but that was all I could afford,
• 1:06:42
  Speaker 2: so I said, I can't do it, So I can.
• 1:06:44
  Speaker 2: Nine to fifty is all I can do. And I
• 1:06:47
  Speaker 2: left and by the time I had the sidewalk of
• 1:06:49
  Speaker 2: his parking lot size running, losing his breath. Mark Mark
• 1:06:54
  Speaker 2: saw me the car for nine to fifty. I still
• 1:06:59
  Speaker 2: remember that because I think I beat Cy. And that's
• 1:07:01
  Speaker 2: the genius of guys who are good at car sales.
• 1:07:04
  Speaker 2: He probably beat me. He was probably willing to sell
• 1:07:06
  Speaker 2: that thing for even less than that all along. But
• 1:07:08
  Speaker 2: the genius car salesm are the ones that let you
• 1:07:11
  Speaker 2: think you beat them. He's a great guy. Everybody liked it.
• 1:07:15
  Speaker 2: He's a good guy, and it was fair value with
• 1:07:18
  Speaker 2: the car. I like the car. The point is, sh'ld
• 1:07:22
  Speaker 2: have seen that thing. Itoks seven, eight, nine years old,
• 1:07:26
  Speaker 2: had some rust on it. That's what you're dead, Which
• 1:07:32
  Speaker 2: is the point that this guy's making. Back to his peace.
• 1:07:38
  Speaker 2: They see referring to the gen zers. They see millennials
• 1:07:41
  Speaker 2: and baby boomers with a nice car at a nice house,
• 1:07:43
  Speaker 2: but don't understand that those weren't attained overnight. Most people
• 1:07:48
  Speaker 2: had a crappy car and worked their way up most
• 1:07:52
  Speaker 2: people bought a starter home or a fixer upper. They,
• 1:07:55
  Speaker 2: on the other hand, feel entitled that they deserve the
• 1:07:58
  Speaker 2: dream car and dream house. Now. You know, the point
• 1:08:01
  Speaker 2: he's making is when they talk about housing being unaffordable,
• 1:08:04
  Speaker 2: that's because their housing that they want to live in
• 1:08:07
  Speaker 2: is the ascent, and the home that they want to
• 1:08:09
  Speaker 2: buy is in a cul de sac and Brookfield, as
• 1:08:15
  Speaker 2: opposed to a starterhouse on the southwest side of the
• 1:08:19
  Speaker 2: city of Milwaukee or the east side of West Alice. Well,
• 1:08:22
  Speaker 2: but I want to live there, See that's the thing. Well,
• 1:08:25
  Speaker 2: I want to live there. You want to be living
• 1:08:30
  Speaker 2: the life of success before you've done a damn thing.
• 1:08:33
  Speaker 2: Is the point that he's making. Back to the peace,
• 1:08:38
  Speaker 2: The on the other hand, feel entitled that they deserve
• 1:08:41
  Speaker 2: the dream car and dream house. Now they see the
• 1:08:43
  Speaker 2: end result and not the sacrifices. These, of course, are
• 1:08:47
  Speaker 2: all things on the top of the fact that they
• 1:08:49
  Speaker 2: refuse to sacrifice. Not having streaming, not having every streaming
• 1:08:53
  Speaker 2: service good point that he makes. I think I have
• 1:08:56
  Speaker 2: every streaming service at work my whole life, so that
• 1:09:00
  Speaker 2: I don't have to make I don't have to I
• 1:09:02
  Speaker 2: got to watch the Formula One race yesterday because I
• 1:09:05
  Speaker 2: do have Apple TV. This is a mistake. These sports
• 1:09:09
  Speaker 2: leagues are putting all of the stuff on streaming services.
• 1:09:12
  Speaker 2: Maybe isn't the greatest thought. It would be a race
• 1:09:14
  Speaker 2: in the world, the Formula One, a Monocle, the Grand
• 1:09:16
  Speaker 2: Prix Monaco. You know, they run on the streets of
• 1:09:19
  Speaker 2: Monica Carlo. It's along the Mediterranean, this beautiful thing. Couldn't
• 1:09:23
  Speaker 2: watch it if you didn't have it, if you didn't
• 1:09:25
  Speaker 2: have Apple TV. His point is they have every streaming service.
• 1:09:29
  Speaker 2: How can you have every streaming service if you're not
• 1:09:32
  Speaker 2: well off? This is the guy's point here about gen
• 1:09:37
  Speaker 2: z Or's artificially, you know, affordability crisis is artificial. Not
• 1:09:41
  Speaker 2: having every streaming service, having to make sandwich for lunch
• 1:09:44
  Speaker 2: or brew their own coffee, God forbid. This is the
• 1:09:47
  Speaker 2: point mister Wonderful was making. Well, don't go to Starbucks,
• 1:09:51
  Speaker 2: make your own coffee. Why are you going to lunch?
• 1:09:56
  Speaker 2: They still still sell bread at the store and you
• 1:10:00
  Speaker 2: I don't even have to use the Oscar Mayer brownschwigger.
• 1:10:02
  Speaker 2: You can get the high end Deli meat, another overpriced item,
• 1:10:06
  Speaker 2: not good for you either. But they don't make their
• 1:10:10
  Speaker 2: own lunch. They can't even make their own coffee, continuing
• 1:10:17
  Speaker 2: or not taking expensive vacations on the credit card. Our
• 1:10:21
  Speaker 2: family vacation was a couple nights in the dells until
• 1:10:25
  Speaker 2: my parents saved up to take us to California when
• 1:10:27
  Speaker 2: we were teenagers. He goes on, So the point that
• 1:10:30
  Speaker 2: he's making here with regard to the gen Zers is
• 1:10:32
  Speaker 2: they're facing this affordability crisis because their case are those
• 1:10:37
  Speaker 2: of somebody twenty five years older than them, that they
• 1:10:39
  Speaker 2: resent that people older than them have certain lifestyles, not
• 1:10:42
  Speaker 2: understanding that those people didn't have that lifestyle until they
• 1:10:46
  Speaker 2: got kind of at the age group that they're at now.
• 1:10:50
  Speaker 2: Part of it, I suppose, is you grow up well healed,
• 1:10:54
  Speaker 2: affluent family house in the suburbs, and you're thinking that's
• 1:10:58
  Speaker 2: what you should be able to have. No, you go,
• 1:11:00
  Speaker 2: you have to go twenty to thirty years living in
• 1:11:01
  Speaker 2: a dump and scraping together two nickels to make a
• 1:11:05
  Speaker 2: time and working more than forty hours and getting a
• 1:11:07
  Speaker 2: part time job and working really hard to move ahead
• 1:11:10
  Speaker 2: in your company and strategizing that you have a certain
• 1:11:12
  Speaker 2: skill and do something that isn't going to be replaced
• 1:11:15
  Speaker 2: by AI and driving a used Buick rather than a
• 1:11:21
  Speaker 2: new Nissan. All this stuff, And no, you don't get
• 1:11:25
  Speaker 2: to go on vacation. If you're going on a vacation,
• 1:11:27
  Speaker 2: maybe it's once a year. I mean, you go there,
• 1:11:29
  Speaker 2: you're going to stay in a two star hotel, not
• 1:11:31
  Speaker 2: a four star. But again, a lot of people don't
• 1:11:33
  Speaker 2: want to hear that. Now. The other point that he made, though,
• 1:11:37
  Speaker 2: that I wanted to go back to. That I thought
• 1:11:38
  Speaker 2: was the key point, the being dumped into the workplace
• 1:11:42
  Speaker 2: without ever having worked a part time job at all.
• 1:11:45
  Speaker 2: I think that was revealing real quickly with regard to jobs.
• 1:11:48
  Speaker 2: The latest jobs report came out on Friday, and it
• 1:11:50
  Speaker 2: was interesting because it boomed. This is a very weird economy.
• 1:11:56
  Speaker 2: There's clearly some inflation, particularly driven by oil. There's clearly
• 1:12:02
  Speaker 2: anxiety on the part of the consumer. But we don't
• 1:12:06
  Speaker 2: seem to be headed to a recession, even though some
• 1:12:09
  Speaker 2: things are slowing down. I hear restaurants are empty, lot
• 1:12:12
  Speaker 2: of stuff, but hiring keeps increasing. Now, obviously the numbers
• 1:12:16
  Speaker 2: can be manipulated by Trump's people in the same way
• 1:12:18
  Speaker 2: that Biden's people manipulated them. We're talking here one hundred
• 1:12:21
  Speaker 2: and seventy two thousand new jobs, and it beat everybody's expectations.
• 1:12:31
  Speaker 2: One of the things that this begs is whether or
• 1:12:33
  Speaker 2: not AI is indeed going to displace a lot of workers.
• 1:12:37
  Speaker 2: Piece I want to share on that this is written
• 1:12:41
  Speaker 2: by Stephen the Way and it was in the Wall
• 1:12:42
  Speaker 2: Street Journal. I am always attracted to people who have
• 1:12:47
  Speaker 2: a take on things that's not the same take as
• 1:12:50
  Speaker 2: everybody else's, and he's making the point here that we're
• 1:12:56
  Speaker 2: worried about that facts the headline we're preparing for the
• 1:12:59
  Speaker 2: wrong AI labor crisis. I'm going to read this, but
• 1:13:01
  Speaker 2: I'm going to give you one of his bullet points
• 1:13:03
  Speaker 2: at the end. AI's going to displace a lot of jobs,
• 1:13:07
  Speaker 2: no doubt, but it's going to result in the creation
• 1:13:10
  Speaker 2: of many others. And one of the things, particularly if
• 1:13:13
  Speaker 2: you're young, that you need to strategize for yourself, is
• 1:13:16
  Speaker 2: how to get the hell out of the jobs that
• 1:13:18
  Speaker 2: are likely to be displaced by AI. And I would
• 1:13:22
  Speaker 2: say that that's damn near anything that does a lot
• 1:13:24
  Speaker 2: of software stuff. That's not me, not the writer. I
• 1:13:26
  Speaker 2: just in my envisioning of this, some software companies, including
• 1:13:30
  Speaker 2: Giant ones, are going to have no business anymore because
• 1:13:34
  Speaker 2: AI is going to do what the software does anyway,
• 1:13:37
  Speaker 2: but this is going to create the need for numerous
• 1:13:39
  Speaker 2: other businesses. Let me share his point piece, and again,
• 1:13:41
  Speaker 2: I'm not endorsing all of this because I'm not sure,
• 1:13:46
  Speaker 2: but he makes interesting arguments on artificial intelligence. Senators Josh
• 1:13:51
  Speaker 2: Hawley and Bernie Sanders, Republican and the Democrat, sound less
• 1:13:54
  Speaker 2: like ideological opponents than participants in the same panic. Both
• 1:13:58
  Speaker 2: warned that AI will sign definitely disrupt the white collar workforce.
• 1:14:02
  Speaker 2: Both support stronger federal intervention to monitor and manage the
• 1:14:06
  Speaker 2: employment effects of automation. Both justify that intervention by framing
• 1:14:10
  Speaker 2: AI as it is stabilizing force. Their concerns reflect real
• 1:14:14
  Speaker 2: change in the labor market. Entry level hiring has weakened
• 1:14:18
  Speaker 2: in white collar industries, Internship competition has intensified. Let me interject,
• 1:14:23
  Speaker 2: all right, first thing that I would notice is twenty
• 1:14:27
  Speaker 2: twenty one, twenty two, maybe your focus shouldn't be white collar.
• 1:14:32
  Speaker 2: One of the things that's going to happen as a
• 1:14:33
  Speaker 2: result of AI is there's going to be more gadgets,
• 1:14:35
  Speaker 2: gizmo's machines, all sorts of other stuff that still in
• 1:14:39
  Speaker 2: most cases are going to require a human being to
• 1:14:42
  Speaker 2: deal with. A friend of mine is having some marble
• 1:14:45
  Speaker 2: busted out of her home today. He isn't doing that.
• 1:14:49
  Speaker 2: By the way, the loudest sound in the world is
• 1:14:51
  Speaker 2: somebody having a floor in a high rise busted up.
• 1:14:56
  Speaker 2: Sound travels up and down. Have you ever heard marble
• 1:14:59
  Speaker 2: being broken? Defitting you could take a jackhammer to Like,
• 1:15:05
  Speaker 2: I don't know what's the hardest substance in the world.
• 1:15:08
  Speaker 2: Lead up there. Corporate hierarchies are flattening. Firms are redirecting
• 1:15:17
  Speaker 2: spending toward AI infrastructure and AI specialized talent. Yet the
• 1:15:22
  Speaker 2: notion that the economy faces mass technological unemployment doesn't fit
• 1:15:26
  Speaker 2: the evidence and risks prompting legislation aimed at the wrong problem.
• 1:15:31
  Speaker 2: Recent corporate announcements explain why the political panic feels persuasive. Meta.
• 1:15:37
  Speaker 2: That's Facebook plans to reduce its workforce by roughly ten
• 1:15:41
  Speaker 2: percent while expanding investment in AI and scrapping plans to
• 1:15:44
  Speaker 2: hire for thousands of positions. Amazon CEO Andy Jasse instructed
• 1:15:49
  Speaker 2: senior leadership teams to increase the ratio of staff to
• 1:15:52
  Speaker 2: managers by at least fifteen percent, flattening organizational layers. Let
• 1:15:56
  Speaker 2: me interject this is the kind of thing that should
• 1:15:58
  Speaker 2: be going on in government, like the public schools get
• 1:16:01
  Speaker 2: rid of almost all the supervisors, all the specialists, and
• 1:16:04
  Speaker 2: have more of it go into actual teachers. This is
• 1:16:07
  Speaker 2: what's happening throughout the workplace because AI can do a
• 1:16:09
  Speaker 2: lot of the supervision, but you're still going to need
• 1:16:12
  Speaker 2: the worker bees back to the piece. Similar restructuring is
• 1:16:15
  Speaker 2: a period across technology, consulting and corporate service, especially in
• 1:16:19
  Speaker 2: functions to routine reporting, coordination, and standardized analytical production. These
• 1:16:24
  Speaker 2: developments appear to support fears of widespread labor displacement, but
• 1:16:29
  Speaker 2: the broader mark continues to show relatively stable aggregate demand
• 1:16:33
  Speaker 2: for labor. In March, the unemployment rates stood at four
• 1:16:36
  Speaker 2: point three percent, close to both the Federal Reserves estimate
• 1:16:38
  Speaker 2: of long run normal unemployment and CBO projections for the
• 1:16:42
  Speaker 2: coming decade. Total non farm payroll employment increased by one
• 1:16:47
  Speaker 2: hundred and seventy eight thousand jobs during the month, while
• 1:16:49
  Speaker 2: healthcare added seventy six thousand jobs and average roughly twenty
• 1:16:52
  Speaker 2: nine thousand new jobs a month over the prior year.
• 1:16:55
  Speaker 2: The emerging pattern looks less like collapsing demand for labor
• 1:17:00
  Speaker 2: and a reorganization of work. This has happened forever, It's
• 1:17:05
  Speaker 2: certainly happening in the field that I'm in. AI is
• 1:17:10
  Speaker 2: disproportionately compressing the bottom layer of white collar production, drafting, summarizing, coding, documentation, reporting,
• 1:17:20
  Speaker 2: and routine analytical work. These tasks historically absorbed large numbers
• 1:17:25
  Speaker 2: of early career workers because they were time consuming and
• 1:17:29
  Speaker 2: costly to perform. AI systems now execute many of them
• 1:17:33
  Speaker 2: rapidly and at far lower costs. Research from Rebellio Labs
• 1:17:38
  Speaker 2: found that US entry level job postings have fallen roughly
• 1:17:41
  Speaker 2: thirty five percent since January of twenty twenty three, with
• 1:17:44
  Speaker 2: highly AI exposed entry level postings declining more than forty percent.
• 1:17:49
  Speaker 2: Internship markets show similar pressure. Handshake data indicate that internship
• 1:17:55
  Speaker 2: listenings have softened, while applications for posting have nearly doubled
• 1:17:58
  Speaker 2: since twenty twenty three. Research conducted for Deal found that
• 1:18:02
  Speaker 2: sixty six percent of enterprises expect to slow and pre
• 1:18:05
  Speaker 2: level hiring because of AI levels restructuring, while ninety one
• 1:18:10
  Speaker 2: report roles are already changing or disappearing because of AI.
• 1:18:14
  Speaker 2: Employers are also changing how they evaluate workers. Employer surveys
• 1:18:19
  Speaker 2: indicate a substantial shift away from GPA based screening towards
• 1:18:24
  Speaker 2: skills based hiring. Remember this GPA, that's your grade point,
• 1:18:29
  Speaker 2: the grades you got in college. Skills based hiring is
• 1:18:32
  Speaker 2: what can you do. I've been on this for ten years.
• 1:18:39
  Speaker 2: We have a skills shortage, and we have a surplus
• 1:18:44
  Speaker 2: of people with good grades. A, the grades are all
• 1:18:46
  Speaker 2: inflated and B. You can graduate from a college right
• 1:18:50
  Speaker 2: now with great, great grades and not know how to
• 1:18:53
  Speaker 2: do a damn thing. You got to learn how to
• 1:18:56
  Speaker 2: do something and offered. That means not cop and certainly
• 1:19:01
  Speaker 2: not some majors in college. And even if you're in
• 1:19:04
  Speaker 2: a major in college of the skill, you better be
• 1:19:06
  Speaker 2: somebody who starts doing it. Employers increasingly emphasize demonstrated competencies,
• 1:19:16
  Speaker 2: project based experiences, and practical problem solving abilities. More than
• 1:19:21
  Speaker 2: one third of entry level positions now explicitly require AI
• 1:19:25
  Speaker 2: related skills. These developments. In other words, what they're saying
• 1:19:29
  Speaker 2: is if we are going to go on a white
• 1:19:30
  Speaker 2: color position, instead of being afraid of AI, you better
• 1:19:33
  Speaker 2: be one of those people that knows how to use AI.
• 1:19:36
  Speaker 2: In addition to that skills and this is where we
• 1:19:39
  Speaker 2: get to a lot of the trades and things related
• 1:19:42
  Speaker 2: to the trade knowing how to do something. As AI
• 1:19:51
  Speaker 2: replaces some of the lower runs on the professional ladder,
• 1:19:54
  Speaker 2: businesses lose the system that historically made inexperienced graduates and
• 1:19:59
  Speaker 2: de trusted profess That's the point. The way it's always
• 1:20:02
  Speaker 2: worked in the past is Okay, somebody who's green comes
• 1:20:05
  Speaker 2: in straight out of college or straight out of a
• 1:20:07
  Speaker 2: trade school, or straight out of something going to the workplace,
• 1:20:09
  Speaker 2: you don't know a damn thing. But as you work
• 1:20:11
  Speaker 2: for that company, you start learning things and you move up. Well,
• 1:20:14
  Speaker 2: as few of them are being hired. You don't have
• 1:20:16
  Speaker 2: that same group moving up by learning things because they
• 1:20:18
  Speaker 2: were never hired in the first place. That's the point
• 1:20:20
  Speaker 2: that he's making. Continuing Congress debates AI related reporting mandates,
• 1:20:26
  Speaker 2: displacement monitoring systems and workforce transition programs built around assumptions
• 1:20:30
  Speaker 2: of widespread technological unemployment. The bipartisan AI Related Jobs Impact
• 1:20:35
  Speaker 2: Clarity Act would require firms to report layoff substantially due
• 1:20:39
  Speaker 2: to AI. These approaches risk institutionalizing the wrong labor market
• 1:20:45
  Speaker 2: model precisely when flexibility and organizational adaptation matter most. Organizing
• 1:20:52
  Speaker 2: workforce policy around displacement measures would likely expand bureaucracy and
• 1:20:58
  Speaker 2: tie up resources in tracking layoffs, monitoring AI risk, and
• 1:21:03
  Speaker 2: subsidizing retraining. Bad legislation could have serious consequences. Firms facing
• 1:21:09
  Speaker 2: political scrutiny might become more reluctant to experiment with new
• 1:21:13
  Speaker 2: organizational structures or productivity enhancing workflows. Universities might redesign curricula
• 1:21:21
  Speaker 2: around anticipated AI displacement rather than the skills employers actually demand.
• 1:21:28
  Speaker 2: Workers might exist professions prematurely, even where long run demand
• 1:21:33
  Speaker 2: remains strong. The central challenge posed by AI, then likely
• 1:21:39
  Speaker 2: isn't that it will cause mass unemployment, but that it
• 1:21:42
  Speaker 2: will force businesses and institutions to redesign the programs and
• 1:21:45
  Speaker 2: mechanisms by which workers can gain skills and acquire good judgment.
• 1:21:50
  Speaker 2: AI poses labor market risks. Entry level compression is real,
• 1:21:54
  Speaker 2: and transition costs for younger workers may prove substantial, but
• 1:21:58
  Speaker 2: America is unlikely to face the future without work. The
• 1:22:02
  Speaker 2: greater risk is that Washington preparing for the wrong labor
• 1:22:04
  Speaker 2: market shock and acts policies that make it more difficult
• 1:22:10
  Speaker 2: to adapt. I rather thought provoking peace, and I think
• 1:22:17
  Speaker 2: he's onto something. You're listening to the Mark Belling podcast,
• 1:22:24
  Speaker 2: and this is the Mark Belling Podcast. All right, there
• 1:22:26
  Speaker 2: are three groups of people here. One of them is
• 1:22:30
  Speaker 2: the group that knows everything about the two words that
• 1:22:34
  Speaker 2: I'm going to say. The second group is the group
• 1:22:38
  Speaker 2: that knows nothing of those two words and they mean
• 1:22:41
  Speaker 2: zero to them. And then the third is the group
• 1:22:43
  Speaker 2: that they've heard of the two words but don't know
• 1:22:47
  Speaker 2: anything about it. Everybody who falls into one of these
• 1:22:50
  Speaker 2: three groups very little grayary on them either. Kimi Antonelli
• 1:22:57
  Speaker 2: all right, a certain percentage of you know all about this,
• 1:23:00
  Speaker 2: some of you don't know a damn thing, and then
• 1:23:03
  Speaker 2: there are others. Yeah, I think I've heard that name.
• 1:23:06
  Speaker 2: I'm here to discuss this. Keimianinelli is a driver in
• 1:23:11
  Speaker 2: Formula one. Now, the thing with Formula one is that
• 1:23:14
  Speaker 2: it is a very team oriented sport. One team and
• 1:23:19
  Speaker 2: most teams have two cars. Two drivers tends to dominate
• 1:23:22
  Speaker 2: an entire season. Formula one is the type of auto racing.
• 1:23:26
  Speaker 2: It's like what IndyCar was in the past. There is
• 1:23:29
  Speaker 2: an Indy five hundred one that ended with five cars
• 1:23:31
  Speaker 2: still running. There were Indy five hundreds of which only
• 1:23:33
  Speaker 2: one car was on the lead lap at the end. Well,
• 1:23:35
  Speaker 2: that's kind of boring. Well, that's sort of what Formula
• 1:23:37
  Speaker 2: One is. The races tend not to be close. The
• 1:23:41
  Speaker 2: fields are spread out, and unlike say NASCAR, are not
• 1:23:45
  Speaker 2: even IndyCar, there's very little constant driving, passing, bumping, et cetera.
• 1:23:51
  Speaker 2: Formula One, the car with the best setup and the
• 1:23:54
  Speaker 2: best engineering tends to win. And there are teams that
• 1:23:58
  Speaker 2: simply haven't figured out with their equipment for a year,
• 1:24:00
  Speaker 2: and they went again and again and again and again
• 1:24:02
  Speaker 2: and again. So you have these seasons in which one
• 1:24:04
  Speaker 2: driver seems to a couple of years ago Max for
• 1:24:06
  Speaker 2: Staff and won almost every race. And there have been
• 1:24:09
  Speaker 2: drivers like this over the years. They're with the right
• 1:24:11
  Speaker 2: team and they just keep winning. Prior to him, there
• 1:24:14
  Speaker 2: was Lewis Hamilton in a couple few years in which
• 1:24:16
  Speaker 2: he won almost every race. There have been others. Michael
• 1:24:22
  Speaker 2: Schumacher going back in the day, won just about every
• 1:24:25
  Speaker 2: race for a few years. There's a lot of them.
• 1:24:29
  Speaker 2: There have been six races this year. Kemian and Elli
• 1:24:31
  Speaker 2: has won five, including the last five, and the most
• 1:24:34
  Speaker 2: recent one was yesterday, which is the big Formula One race,
• 1:24:37
  Speaker 2: the glamorous Grand Prix of Monico. It's the one they've
• 1:24:40
  Speaker 2: changed the day that it used to be. It used
• 1:24:42
  Speaker 2: to coincide. We used to it was always in the past,
• 1:24:45
  Speaker 2: the Sunday before our Memorial Day, So you had the
• 1:24:48
  Speaker 2: three biggest races of each sport on the same Yeah,
• 1:24:51
  Speaker 2: the Coca Cola six hundred for NASCAR, the Indy five hundred,
• 1:24:54
  Speaker 2: and the Grand Prix of Monica. They used to all
• 1:24:55
  Speaker 2: run them on the same day. Well, the schedules changed
• 1:24:57
  Speaker 2: and the Grand Prix of Monica was this past last weekend.
• 1:25:01
  Speaker 2: Formula One used to be on ESPN where Doggun near
• 1:25:05
  Speaker 2: anybody could see it, and now it's on Apple TV
• 1:25:08
  Speaker 2: for way more money. And I just wonder how many
• 1:25:11
  Speaker 2: people see the streaming services. They don't really count viewership
• 1:25:17
  Speaker 2: because they don't care how many people watch a specific thing.
• 1:25:19
  Speaker 2: They only care about whether you subscribe to the service.
• 1:25:21
  Speaker 2: If you're on Apple TV, you don't pay extra for
• 1:25:24
  Speaker 2: this race. So Apple TV only cares that you subscribe
• 1:25:27
  Speaker 2: to Apple TV. They don't care what you watch once
• 1:25:30
  Speaker 2: you're on Apple TV. Anyway. The thing that makes the
• 1:25:35
  Speaker 2: Chemian an Elly story interesting is he's nineteen. He's the
• 1:25:39
  Speaker 2: youngest Formula One driver ever. Formula One is considered to
• 1:25:47
  Speaker 2: be the highest level of automobile racing in part there
• 1:25:51
  Speaker 2: are fewer drivers that qualify for the big race on
• 1:25:54
  Speaker 2: the Sunday. Each team has generally only the two drivers there,
• 1:25:58
  Speaker 2: and you usually have to work way up. There's a
• 1:26:00
  Speaker 2: Formula two, and there's juniors and all of this other stuff,
• 1:26:03
  Speaker 2: and you work your way up through the lower levels
• 1:26:07
  Speaker 2: of road racing to be able to get there. These
• 1:26:09
  Speaker 2: are the best of the best. Often, drivers who wash
• 1:26:12
  Speaker 2: out in Formula One come to America and ride in IndyCar.
• 1:26:15
  Speaker 2: Way back in the day you had people could just
• 1:26:17
  Speaker 2: ride anything, and they drive in every kind of automobile
• 1:26:20
  Speaker 2: race that there was, and would go to Formula one
• 1:26:22
  Speaker 2: and go to America in IndyCar that get into NASCAR,
• 1:26:24
  Speaker 2: they drive midgets and so on. Now there's a greater
• 1:26:26
  Speaker 2: level of specialization, but Formula one drivers are thought to
• 1:26:29
  Speaker 2: be the best in the world. They're certainly the best
• 1:26:31
  Speaker 2: in road racing, and kemi Ot Andellie at nineteen, is
• 1:26:37
  Speaker 2: already there. In addition to that, he's now won five
• 1:26:40
  Speaker 2: races in a row at the age of nineteen. The
• 1:26:43
  Speaker 2: five youngest for the five youngest drivers to win a
• 1:26:46
  Speaker 2: Formula One race are all him. Every week he's a
• 1:26:48
  Speaker 2: week older. So some people that are saying, you can't
• 1:26:53
  Speaker 2: go so far as to annoying him as being this
• 1:26:55
  Speaker 2: incredible superstar because the team that he drives for, he
• 1:26:58
  Speaker 2: drives some Mercedes. Is this you're winning all the races,
• 1:27:00
  Speaker 2: and in fact there have been six races. Mercedes has
• 1:27:02
  Speaker 2: won all of them. Annell's teammate George Russell won the
• 1:27:05
  Speaker 2: first and Annelli has won the last five. My caveat
• 1:27:09
  Speaker 2: to that is these two guys drive essentially in the
• 1:27:13
  Speaker 2: same equipment. These teams basically have the same equipment package
• 1:27:17
  Speaker 2: and the same technicians and so on for both cars.
• 1:27:21
  Speaker 2: George Russell's not didn't win half the races, he won one.
• 1:27:24
  Speaker 2: Ann Andelli's won five. George Russell yesterday was making all
• 1:27:27
  Speaker 2: sorts of mistakes and in bad luck, and still he
• 1:27:30
  Speaker 2: had a dominant car and finished. I was driving fairly
• 1:27:34
  Speaker 2: close to the top. My point on Kemi an Andelli
• 1:27:37
  Speaker 2: is and why I think this is a real thing.
• 1:27:41
  Speaker 2: He was good enough for Mercedes to hire him. They
• 1:27:45
  Speaker 2: hired him last year. Last year was his first year
• 1:27:47
  Speaker 2: with the team. Mercedes was not the dominant for the
• 1:27:49
  Speaker 2: last number of years. Red Bull was the dominant team.
• 1:27:52
  Speaker 2: This Ferrari was very good. Last year McLaren's had its moments,
• 1:27:56
  Speaker 2: and this year Mercedes seems to have it. But Mercedes
• 1:27:59
  Speaker 2: hires only the best, and he was one of them.
• 1:28:03
  Speaker 2: So at the age of nineteen, he looks like he's
• 1:28:05
  Speaker 2: going to be out a path now where he's going
• 1:28:07
  Speaker 2: to win almost all the races this season, and an
• 1:28:09
  Speaker 2: age in which you simply have always traditionally required more
• 1:28:12
  Speaker 2: experience to learn all of the nuances of this kind
• 1:28:15
  Speaker 2: of thing than he has. I think he has the potential.
• 1:28:18
  Speaker 2: I didn't say he is the potential to be one
• 1:28:20
  Speaker 2: of the greatest of all time. Then people debate who
• 1:28:23
  Speaker 2: the greatest of all time is. I'm old, so I'm
• 1:28:27
  Speaker 2: going to go back and say a dinosaur. It's like
• 1:28:30
  Speaker 2: old farts say that. Really old farts will never even
• 1:28:37
  Speaker 2: say that Kareem Abdul Jabbar was the greatest of all time.
• 1:28:39
  Speaker 2: Then see some people will say Magic Johnson. I think
• 1:28:42
  Speaker 2: it's Jordan, But then others are going to try to
• 1:28:44
  Speaker 2: claim Kobe Bryant. And now you have the whole lebron thing,
• 1:28:47
  Speaker 2: which is he's not the greatest of all time. What
• 1:28:49
  Speaker 2: he is is the guy who has sustained it for
• 1:28:51
  Speaker 2: a longer period of time than anybody else In that respect,
• 1:28:54
  Speaker 2: He's like Kareem, I don't think you can go on
• 1:28:58
  Speaker 2: pure wins because they run more race they did in
• 1:29:00
  Speaker 2: the past. I think I didn't really see this guy
• 1:29:03
  Speaker 2: race because the races weren't on TV, and I was
• 1:29:05
  Speaker 2: a kid when he died. But Jim Clark, but enough
• 1:29:09
  Speaker 2: of what I've read, I'd say he was the greatest
• 1:29:10
  Speaker 2: driver of all time. I mean, this is the guy
• 1:29:12
  Speaker 2: that would win Formula One, that he came to the
• 1:29:13
  Speaker 2: United States and won. Indy died really early, died in
• 1:29:16
  Speaker 2: a crash in nineteen sixty eight. But Keenianelli is now
• 1:29:22
  Speaker 2: unbeatable in a sport where anybody who's ever won a
• 1:29:25
  Speaker 2: race is always in their twenties and some into their thirties.
• 1:29:30
  Speaker 2: It's not just that he's on the hot team and
• 1:29:33
  Speaker 2: winning every week. It's that the team that is at
• 1:29:35
  Speaker 2: that top already knew that this guy was such a
• 1:29:38
  Speaker 2: phenomenon that they gave one of their two spots to
• 1:29:41
  Speaker 2: somebody who was eighteen. He's now nineteen. Now everybody knows
• 1:29:46
  Speaker 2: who Kimianelli is. Did you know about this? You're in
• 1:29:49
  Speaker 2: the sports, but not everybody's into formula not in a
• 1:29:51
  Speaker 2: Formula one, but as I say, by the middle, he's
• 1:29:55
  Speaker 2: at the point where, because you're into sports, he's now
• 1:29:57
  Speaker 2: going to be covered so much that you'll gay. It's
• 1:29:59
  Speaker 2: like me and that WNBA. I never watched the WNBA,
• 1:30:02
  Speaker 2: but of course I know who Caitlin Clark is because
• 1:30:05
  Speaker 2: she's such a phenomenon, and a few of the others,
• 1:30:07
  Speaker 2: or I only watch hockey during the Stanley Cup. But
• 1:30:10
  Speaker 2: there's always going to be one or two guys that
• 1:30:12
  Speaker 2: you know about because of what they are. And that's
• 1:30:15
  Speaker 2: the level that I remember when Dale Earnhardt Senior died
• 1:30:19
  Speaker 2: and he died in a crash at the end of
• 1:30:21
  Speaker 2: the Nytona five hundred, and his death was put on
• 1:30:24
  Speaker 2: page one of the New York Times, and there was
• 1:30:27
  Speaker 2: just this succiss reaction from millions of people who you know,
• 1:30:31
  Speaker 2: read the New York Time, who is Dale Earnhardt? That
• 1:30:34
  Speaker 2: NASCAR was just off their entire radar, and even the
• 1:30:37
  Speaker 2: biggest star in NASCAR the name rang no Bell whatsoever.
• 1:30:43
  Speaker 2: That's it for today's podcast. Remember that our schedule is Monday, Wednesday,
• 1:30:47
  Speaker 2: and Thursday three a week. This is the first one.
• 1:30:50
  Speaker 2: This is one twenty three, we make it real easy
• 1:30:52
  Speaker 2: to see where you are. We're put numbers on the talk.
• 1:30:55
  Speaker 1: The latter by The Mark Belling Podcast is a production
• 1:31:00
  Speaker 1: of iHeartRadio Podcasts. Production and engineering by Jason Gotch. The
• 1:31:04
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• 1:31:16
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