Latest / Chuck Douglas / AEP Prices to Rise

Transcript

AEP Prices to Rise · Chuck Douglas

• 0:05
  Speaker 1: Greeting salitations. Welcome my friends to the Thursday ED issue
• 0:08
  Speaker 1: of The Power Hour. I'm choked, uglish, you know who
• 0:10
  Speaker 1: you are.
• 0:10
  Speaker 2: We take it.
• 0:11
  Speaker 1: Come now, we get one hour together, which means I
• 0:14
  Speaker 1: talk really fast and you you.
• 0:16
  Speaker 2: Must listen even faster.
• 0:17
  Speaker 1: My number eight two one nine eight eight six A
• 0:19
  Speaker 1: two one WTV and or eight hundred and six' TEN.
• 0:22
  Speaker 1: Wtv and now is not the. Time now is not
• 0:26
  Speaker 1: the time to be putting the financial screws to the.
• 0:29
  Speaker 1: People too much, turmoil too many, unknowns too much, uncertainty
• 0:34
  Speaker 1: the tariff. Situation you know what's what's gonna. Happen we were.
• 0:38
  Speaker 1: Expecting we know prices will probably go up on some,
• 0:41
  Speaker 1: things but not nearly as. BAD i don't believe as
• 0:44
  Speaker 1: what the media is trying to. GENERATE i do know
• 0:46
  Speaker 1: that one of the big stories today and listening to
• 0:48
  Speaker 1: people trying to uh listen the different pronunciation temu temou.
• 0:53
  Speaker 1: Tamu i've heard. Today i've heard sheen shine and sheenne.
• 0:58
  Speaker 1: Today but the cheap stuff as of next, week the twenty,
• 1:03
  Speaker 1: fifth is what they're. Saying with the tariffs going in,
• 1:05
  Speaker 1: place you'll no longer be able to get that leather
• 1:07
  Speaker 1: trench coat with the mink lining for three dollars seventy nine,
• 1:10
  Speaker 1: Cents so if you want, it you better order. Now.
• 1:14
  Speaker 1: Yep they're messing with ground level economies, now and that
• 1:19
  Speaker 1: is where people will start getting. Uncomfortable the thing of
• 1:23
  Speaker 1: it is is, everything everything that affects the consumer can't
• 1:30
  Speaker 1: go either. Way there are plenty of people out here
• 1:32
  Speaker 1: right now who know we're gonna have some we're gonna
• 1:35
  Speaker 1: have some. Challenges they're turning on the news every day
• 1:39
  Speaker 1: and hearing about how bad it's going to. Be and,
• 1:41
  Speaker 1: AGAIN i don't think it's going to be. Necessary In,
• 1:43
  Speaker 1: vidio for. EXAMPLE i don't know Where nvidia clothes, today
• 1:47
  Speaker 1: but they were, leading they were leading on The. Nasdaq
• 1:51
  Speaker 1: they're a technology, company they're AN ai, company they're a
• 1:54
  Speaker 1: virtual reality. Company they made the announcement that the tariffs
• 2:00
  Speaker 1: we're going to cost them SOMETHING i don't, know was
• 2:03
  Speaker 1: it fifty fifty five billion or something like, that five
• 2:05
  Speaker 1: hundred and fifty five, billion and the stock, dropped.
• 2:13
  Speaker 2: Just dropped like a.
• 2:13
  Speaker 1: Rock and it was one of the indicators people, say oh,
• 2:16
  Speaker 1: no this is what's going to. Happen and AS i said,
• 2:21
  Speaker 1: yesterday AS i say, today it's not going to. Happen
• 2:24
  Speaker 1: they've got THIS h TWO o. Chip i'm not really
• 2:27
  Speaker 1: sure what the chip, does but Apparently, China china was
• 2:31
  Speaker 1: buying a lot of, them and you, Know china is
• 2:35
  Speaker 1: trying to fight back against the terraffs. Too today they
• 2:38
  Speaker 1: RETURNED i think it was Three boeing seven thirty seven.
• 2:41
  Speaker 1: Jets they sent them. BACK i guess they had a.
• 2:46
  Speaker 1: RECEIPT i don't, know but but they sent him. Back
• 2:50
  Speaker 1: and it's that kind of stuff is going to. Happen
• 2:54
  Speaker 1: this is like financial strategy, warfare it really. Is and
• 3:01
  Speaker 1: when you're not able to get your cheap stuff anymore
• 3:04
  Speaker 1: from whether it's you, know THE tmu Or thechine or
• 3:07
  Speaker 1: the Or walmart Or buyer Or, Target target is dropping
• 3:12
  Speaker 1: like five thousand items from their inventory to try to
• 3:18
  Speaker 1: keep the store. Going they don't want to have to
• 3:22
  Speaker 1: worry about the import taxes or anything like.
• 3:23
  Speaker 2: That so.
• 3:25
  Speaker 1: When it gets to that point and you, know you
• 3:29
  Speaker 1: got to fill the gas, tank you got to buy the,
• 3:30
  Speaker 1: groceries you got to, pay you, know for the monthly,
• 3:34
  Speaker 1: bills and your household your kids need school clothes and
• 3:39
  Speaker 1: birthday parties and all that kind of. Stuff now is
• 3:42
  Speaker 1: not the time to put the screws to. Us and
• 3:45
  Speaker 1: Yet june, first your electric bill goes up here in Central.
• 3:49
  Speaker 2: Ohio did you know that AP.
• 3:56
  Speaker 1: I believe they set it on average about twenty seven
• 3:58
  Speaker 1: dollars a. Month is the kind of increase that you
• 4:01
  Speaker 1: should be prepared to. SEE i know mine's going to
• 4:05
  Speaker 1: be higher than, that because it always. Is whatever they
• 4:07
  Speaker 1: say the average is gonna, be mine's going to be.
• 4:09
  Speaker 1: HIGHER i, have always will always contend THAT i think
• 4:16
  Speaker 1: it was a mistake with any utility became a profit.
• 4:21
  Speaker 1: Center anything that you need to live became a profit,
• 4:28
  Speaker 1: center something for stockholders or governments to control.
• 4:33
  Speaker 2: And hold over your.
• 4:34
  Speaker 1: HEAD i say governments because of course here In, columbus,
• 4:37
  Speaker 1: municipally they've got the water in the sewer which you
• 4:41
  Speaker 1: need to. Live you must, bathe you must, wash you
• 4:45
  Speaker 1: must drink. Water but the government controls it and they
• 4:50
  Speaker 1: will cut you off if you don't pay that. Bill
• 4:57
  Speaker 1: you got to have a warm house in the. Winter
• 5:00
  Speaker 1: you got to be able to at least run a
• 5:02
  Speaker 1: fan in the heat of. Summer got to have the,
• 5:05
  Speaker 1: Electricity you got to have the natural. Gas you gotta.
• 5:07
  Speaker 1: HAVE i don't like the fact that they are profit.
• 5:11
  Speaker 1: CENTERS i don't like the fact that When duratio wins
• 5:14
  Speaker 1: come through and knock over all of the power, lines
• 5:18
  Speaker 1: because the company has been very lackluster in putting lines,
• 5:21
  Speaker 1: underground instead of keeping, up we had to get a
• 5:24
  Speaker 1: rate increase to pay for. IT i don't like the fact,
• 5:28
  Speaker 1: THAT i, hear, well because demand was lower than we,
• 5:31
  Speaker 1: thought we're going to have to raise rates next year
• 5:34
  Speaker 1: in order to compensate for that the lower demand on.
• 5:38
  Speaker 1: It AND i don't like the fact that the next
• 5:40
  Speaker 1: year they, say because demand was higher last, year we're
• 5:43
  Speaker 1: going to have to raise rates. Again and what are
• 5:46
  Speaker 1: they saying, Now they're, saying because of the the, advent the,
• 5:49
  Speaker 1: creation the addition of these monoliths like data, centers there's
• 5:58
  Speaker 1: an increased, need draw want use of. Electricity so your
• 6:05
  Speaker 1: bill and my bill will be going. UP i think
• 6:08
  Speaker 1: this is. RIDICULOUS i think this is. UNFAIR i think
• 6:10
  Speaker 1: this should be, somehow some way challenged through some. Entity
• 6:13
  Speaker 1: Public Utilities commission Of, OHIO i would think might step.
• 6:17
  Speaker 1: UP i, mean we've got an administration in the State
• 6:22
  Speaker 1: house right now that wants to worry about whether or
• 6:24
  Speaker 1: not your kid has a cell phone in. School how
• 6:26
  Speaker 1: about worrying about whether or not you are pricing people
• 6:29
  Speaker 1: out of the ability to have electricity in their, home
• 6:35
  Speaker 1: and what happens when they, can't what happens when the
• 6:38
  Speaker 1: utility bills just go sky. High i've already what is
• 6:41
  Speaker 1: This april first two water bills at my. House i've
• 6:45
  Speaker 1: already had a grand go out in water bills to
• 6:48
  Speaker 1: the city Of, columbus five hundred and ten dollars the
• 6:51
  Speaker 1: first time, around and the second quarter was four and
• 6:54
  Speaker 1: forty seven.
• 6:54
  Speaker 2: Dollars that's.
• 6:57
  Speaker 1: Water it falls from the, sky one thousand.
• 7:03
  Speaker 2: Dollars it's Just. April but they want to raise these.
• 7:09
  Speaker 1: Rates my question to you, is and you can tell
• 7:12
  Speaker 1: me If i'm crazy or. Not that's why we have
• 7:14
  Speaker 1: the phone NUMBER a two one nine eight eighty, SIX
• 7:15
  Speaker 1: a two ONE. Wcv and instead of making, me instead
• 7:19
  Speaker 1: of making, you instead of making us pay higher rates
• 7:25
  Speaker 1: because data centers need more, electricity why the hell are
• 7:29
  Speaker 1: we surcharging the data. Centers why Isn't, Google why Isn't?
• 7:34
  Speaker 1: Intel why is It? Microsoft why Isn't? Amazon why aren't
• 7:37
  Speaker 1: they paying a surcharge on their bill for the increased
• 7:43
  Speaker 1: use of? Electricity why does this fall on my. Shoulders
• 7:49
  Speaker 1: why is it that if the construction crew has happened
• 7:53
  Speaker 1: to me the other, night breaks through a gas line
• 7:57
  Speaker 1: AND i can't pick up my prescriptions that the pharmacy
• 7:59
  Speaker 1: because the far he had to close because of a gas.
• 8:01
  Speaker 1: Leak why DON'T i get any kind of inconvenience, fee
• 8:05
  Speaker 1: but you get a late charge If i'm a day
• 8:07
  Speaker 1: laid on my. Bill this is stuff we need to.
• 8:11
  Speaker 1: Survive this is a. Luxury this is a you, KNOW
• 8:14
  Speaker 1: i went out and bought A lamborghini. Crap this is
• 8:17
  Speaker 1: getting from day to day and keeping your family.
• 8:19
  Speaker 2: Alive.
• 8:19
  Speaker 3: Stuff question answer not really a, question but a, hypothetical
• 8:26
  Speaker 3: kind of a trick. Question if we have we, electricity,
• 8:29
  Speaker 3: water basic necessities for human, life we all pay a
• 8:34
  Speaker 3: certain tax, rate and if somebody can't afford those, things
• 8:37
  Speaker 3: they get them. Anyway is that what you're talking.
• 8:41
  Speaker 1: About i'm not talking about, Communists and know WHAT i think.
• 8:44
  Speaker 1: This if government wants to, control whether it's some municipal
• 8:48
  Speaker 1: ownership like the water, is or whether it's through an
• 8:51
  Speaker 1: organization like The Public Utilities commission Of ohio that oversees
• 8:54
  Speaker 1: if they want a rate, increase they go to THE,
• 8:56
  Speaker 1: PUCO a government. Entity the government entity decide allegedly on
• 9:00
  Speaker 1: behalf of the, people whether or not they, deserve should
• 9:03
  Speaker 1: have and get that rate. Increase So, no but if
• 9:08
  Speaker 1: we're going to have all, that THEN i believe that
• 9:10
  Speaker 1: it should be you, know the cost of maintaining the, operation, retrieving,
• 9:15
  Speaker 1: generating distributing the, power the cost.
• 9:18
  Speaker 2: Of the labor to do.
• 9:19
  Speaker 1: It it shouldn't be about you, know how much money
• 9:22
  Speaker 1: can we make for the. Stockholders if we're going to
• 9:25
  Speaker 1: pay the, bills it should not be a profit. Center
• 9:28
  Speaker 1: and if we're going to pay the, bills it should
• 9:30
  Speaker 1: be our bills and Not microsoft's. Bill let them pay for.
• 9:37
  Speaker 1: It why the hell are we killing farmland all over
• 9:40
  Speaker 1: the state of ohioa solar farms if the bill's gonna
• 9:46
  Speaker 1: go up because you keep bringing we're bringing in new,
• 9:49
  Speaker 1: business and this brings in new. Jobs good for. Them
• 9:53
  Speaker 1: but it shouldn't cost me more money for somebody else
• 9:57
  Speaker 1: to come in and have their, prosperity should.
• 9:59
  Speaker 3: It, No and if a company is worth you, know
• 10:03
  Speaker 3: eight hundred billion, dollars they can pay their own electric
• 10:06
  Speaker 3: you would.
• 10:06
  Speaker 1: THINK i JUST i never like.
• 10:08
  Speaker 3: THAT i never like the, uh the idea of like
• 10:11
  Speaker 3: The Cleveland browns won a new, stadium so the taxpayers
• 10:15
  Speaker 3: are gonna have to pay, It, like, yeah you can afford.
• 10:18
  Speaker 3: It if you can't deal with, them.
• 10:19
  Speaker 1: Here's the deal with. That and this is off, topic
• 10:22
  Speaker 1: but since you brought it, up if the state Of
• 10:25
  Speaker 1: ohio is going to financially participate in the development of
• 10:28
  Speaker 1: a new covered stadium for whether It's cincinnati Or, cleveland
• 10:32
  Speaker 1: doesn't matter to. Me there must be a profit for
• 10:36
  Speaker 1: the people of the state Of, ohio just like ownership
• 10:38
  Speaker 1: of The Green Bay.
• 10:39
  Speaker 2: Packers we need to.
• 10:41
  Speaker 1: Profit from from the ticket, sales from, concessions from, parking
• 10:47
  Speaker 1: from everything. Else that money needs to go back into
• 10:51
  Speaker 1: The Ohio General, fund just like lottery. Dollars if you're
• 10:54
  Speaker 1: gonna make us pay for it you want us, to
• 10:57
  Speaker 1: then we need to get something out of it aside
• 10:59
  Speaker 1: from just having a nifty news stadium for the. Team
• 11:02
  Speaker 1: ya team go go rah. Rah we that's, nice but
• 11:05
  Speaker 1: it's not a. Necessity we need to handle necessities, first
• 11:11
  Speaker 1: and if we if we, don't if we don't agree on,
• 11:14
  Speaker 1: that then you probably won't be inviting me to the
• 11:16
  Speaker 1: house for a barbecue this. SUMMER a two one nine
• 11:18
  Speaker 1: eight SIX a two ON tv and Maybe i'm just
• 11:21
  Speaker 1: fired up all about.
• 11:21
  Speaker 2: NOTHING i don't. Know you tell, Me.
• 11:23
  Speaker 1: Debbie you're on The Legacy Retirement group dot com phone
• 11:25
  Speaker 1: line Tight.
• 11:27
  Speaker 4: Hi you're preaching to the choir about the paying for
• 11:30
  Speaker 4: the stadiums and. Such also you're talking about the rate
• 11:35
  Speaker 4: increases on the electricity and trying to keep your houses
• 11:38
  Speaker 4: cooler in the, summer et. Cetera and they're on your
• 11:41
  Speaker 4: beloved west side On burgess And South terrace and all
• 11:45
  Speaker 4: the streets around. There they're cutting down all the trees
• 11:49
  Speaker 4: that used to keep the neighborhoods, cool so now they're
• 11:53
  Speaker 4: getting all the sun during the sun summertime and are
• 11:58
  Speaker 4: going to be. Baking and they have turned the hilltop
• 12:02
  Speaker 4: into such a slum looking place with all the torn
• 12:06
  Speaker 4: up sidewalks that are just now. Gravel and it breaks
• 12:10
  Speaker 4: my heart every TIME i go.
• 12:12
  Speaker 2: Intown who's tearing?
• 12:13
  Speaker 1: Them is it the City forestry office who's tearing them?
• 12:17
  Speaker 5: Down and why, oh the city has cut all the
• 12:21
  Speaker 5: trees down off the boulevards and any of their ride
• 12:25
  Speaker 5: of ways Along South Terrace, Avenue South.
• 12:28
  Speaker 4: Burgess and, such because they're going to put in bushes
• 12:32
  Speaker 4: for a rain garden in those.
• 12:33
  Speaker 1: Areas you, Know i've seen those little rain garden, things
• 12:37
  Speaker 1: and it's not that the concept is, impractical but the
• 12:41
  Speaker 1: design of What i've seen so far is.
• 12:43
  Speaker 2: Ugly they're. Ugly they look, like are you.
• 12:46
  Speaker 1: Walking down the street and you fall into a, big you,
• 12:48
  Speaker 1: know brickline. Pit, correct THAT'S i guess that makes more
• 12:54
  Speaker 1: sense to them than actually just updating the sewer system
• 12:57
  Speaker 1: in the city Of.
• 12:58
  Speaker 2: Columbus.
• 13:00
  Speaker 4: Correct and they've cut, down LIKE i, said they've cut
• 13:02
  Speaker 4: down all these majestic maple, trees oak treeze anything that
• 13:08
  Speaker 4: they they're even going, up turned down people's fences to
• 13:12
  Speaker 4: where the trees have grown part way into the fence
• 13:15
  Speaker 4: or there they trespass over onto THE uh city's. Easement
• 13:21
  Speaker 4: they're turned down the. Fences, well it's.
• 13:23
  Speaker 2: Just like they've done In Upper.
• 13:24
  Speaker 1: Arlington oh, wait no they. HAVEN'T i didn't know about, That.
• 13:30
  Speaker 1: Debbie thanks for letting me, know, THOUGH i appreciate. You
• 13:33
  Speaker 1: SIX a two one W Tv and, YEAH i JUST
• 13:37
  Speaker 1: i find it. OFFENSIVE i find it, silly AND i
• 13:43
  Speaker 1: find it worrisome that we the people just we get
• 13:49
  Speaker 1: noticed and we just accept. It where is the fight in?
• 13:53
  Speaker 1: Us where is the? Rise i'm Not i'm not seeing.
• 13:57
  Speaker 1: It i'm not hearing it's, Okay, well utility are going.
• 14:00
  Speaker 1: UP i Guess junior can't have dinner. Tonight what happened to?
• 14:05
  Speaker 1: Us why do we just accept this not only from
• 14:09
  Speaker 1: the companies that want the, money but from the entities
• 14:11
  Speaker 1: that are supposed to protect you from things like?
• 14:13
  Speaker 2: This life is. Hard why allow somebody to make it?
• 14:21
  Speaker 2: Harder or, again maybe that's just.
• 14:23
  Speaker 5: Me