Latest / Ron Verb / Wednesday 4pm hour 05/27/26

Transcript

Wednesday 4pm hour 05/27/26 · Ron Verb

• 0:00
  Speaker 1: News Radio 570 WKBN. All right, back with the boss lady.
• 0:05
  Speaker 1: But I am so... I brought this up before, but
• 0:09
  Speaker 1: now the numbers are out with it on a sales tax.
• 0:11
  Speaker 1: Does it make sense to you, I don't care if
• 0:13
  Speaker 1: you're Democrat or Republican, that any data center should get
• 0:16
  Speaker 1: a sales tax break, period?
• 0:19
  Speaker 2: No, but I will tell you.
• 0:20
  Speaker 3: And you know how staunch conservative I am, I vote
• 0:23
  Speaker 3: Republican down the line. And it's painful for me this time.
• 0:27
  Speaker 2: And I'm only doing it..
• 0:29
  Speaker 3: Because Amy Acton, there is zero way in hell I
• 0:33
  Speaker 3: can vote for Amy Acton.
• 0:35
  Speaker 2: Right.
• 0:35
  Speaker 3: But I am not that happy with the Beck and
• 0:38
  Speaker 3: all his ideas as it relates to AI and these
• 0:43
  Speaker 3: data centers. And your last caller was largely right. I mean, Democrats,
• 0:49
  Speaker 3: while they're smaller in number right now at the Ohio
• 0:52
  Speaker 3: State House, they're pushing bills that are way more strict
• 0:57
  Speaker 3: against data centers. They want zero exemptions for them.
• 1:04
  Speaker 2: They are the.
• 1:05
  Speaker 3: Ones taking really the bull by the horn and really
• 1:08
  Speaker 3: trying to protect the homeowner or the taxpayer, I should say.
• 1:16
  Speaker 3: If you look and do some research, you're going to
• 1:18
  Speaker 3: see that the Democrats are pushing harder than the Republicans
• 1:22
  Speaker 3: are on this issue. And that's unfortunate.
• 1:26
  Speaker 4: I don't know if I'm cutting off my nose to
• 1:30
  Speaker 4: spite my faith here.
• 1:31
  Speaker 1: I want you to make sure I'm going to give
• 1:33
  Speaker 1: you a tip, okay?
• 1:35
  Speaker 3: Yeah.
• 1:36
  Speaker 1: Let's see. I'm going to have, hopefully, an interview at
• 1:44
  Speaker 1: 530 with someone that might have some breaking news on this.
• 1:49
  Speaker 1: I'm just telling you that, okay? So make sure you
• 1:51
  Speaker 1: stay tuned. All right. Let me just vent this to you.
• 1:57
  Speaker 1: And then you take off. I mean, deep down as
• 2:01
  Speaker 1: a citizen of Ohio, and I think you fall into this,
• 2:04
  Speaker 1: I am just pissed about this because I have to
• 2:06
  Speaker 1: pay sales tax on every service and everything that I buy.
• 2:10
  Speaker 1: And these data centers that build these huge facilities don't
• 2:14
  Speaker 1: have to pay sales tax on all of this stuff
• 2:17
  Speaker 1: that they're buying anymore. This is such a two-tier system.
• 2:21
  Speaker 1: It literally craps on every Ohio citizen is all I'm saying.
• 2:24
  Speaker 1: They need us more than we need them. They should
• 2:27
  Speaker 1: be paying these taxes. We should have a bonanza as
• 2:30
  Speaker 1: a result of this, right?
• 2:31
  Speaker 3: 1,000%, 1,000%. And that's, I think, why everybody's so frustrated.
• 2:37
  Speaker 3: All we hear is they can't do anything for the taxpayer.
• 2:39
  Speaker 3: They can't do anything for the homeowner.
• 2:41
  Speaker 2: We know Republicans, they aren't going to do anything.
• 2:43
  Speaker 3: Regarding income tax. They want property tax relief, but no abolishment.
• 2:50
  Speaker 4: And we see all these other decisions being made, and
• 2:52
  Speaker 4: we sit in here and ask ourselves, why?
• 2:54
  Speaker 3: Why can't you do more? There is plenty of money
• 2:56
  Speaker 3: out there.
• 2:57
  Speaker 4: You just don't want.
• 2:57
  Speaker 3: To give it back to us. You would rather give
• 2:59
  Speaker 3: it somewhere else. And that's frustrating for people.
• 3:03
  Speaker 2: I mean, it's just frustrating.
• 3:04
  Speaker 4: It's mind-blowing.
• 3:06
  Speaker 3: Especially in this, you know, it's tough right now out there.
• 3:09
  Speaker 3: And I will say this.
• 3:12
  Speaker 2: You know, everybody keeps saying in the next five years,
• 3:14
  Speaker 2: we're going to lose like percentage of our jobs.
• 3:17
  Speaker 3: In the next five years after that, you're going to
• 3:19
  Speaker 3: have robots doing jobs and all of this. I feel
• 3:22
  Speaker 3: like we're cutting off our nose to spite our own
• 3:24
  Speaker 3: damn face here. And so what does this look like?
• 3:28
  Speaker 3: You know, I was just telling somebody else the other day.
• 3:30
  Speaker 3: I mean, I grew up and my parents said, you know,
• 3:33
  Speaker 3: you got to go to school. You got to go
• 3:34
  Speaker 3: to college. You got to graduate. You got to use
• 3:35
  Speaker 3: your brain, brain, brain, brain. Well, we're about to go
• 3:40
  Speaker 3: 360 here. You don't need my brain power here soon.
• 3:44
  Speaker 3: They don't need my brain soon because they're going to have..
• 3:47
  Speaker 2: Computers, and AI, tech DPP, all this technology is going
• 3:52
  Speaker 2: to be the brain. We're going to go back to
• 3:55
  Speaker 2: what our parents drove us away from, which was because,
• 3:59
  Speaker 2: you know, manufacturing dried up and went overseas, right? So
• 4:03
  Speaker 2: everybody had to do a shift in this country. Now
• 4:06
  Speaker 2: we need you to be intellectual, smart, think, strategy. Well,
• 4:11
  Speaker 2: I feel like we're going to go right back to industry.
• 4:15
  Speaker 1: WKBN. 433 in the afternoon. It's Wednesday, May 27th, 77 degrees.
• 4:19
  Speaker 1: Ron Verp. All right, boss lady, just bear with me here.
• 4:24
  Speaker 1: When you graduated high school, you went to college, true?
• 4:27
  Speaker 5: Yeah.
• 4:29
  Speaker 1: What college? Youngstown State?
• 4:30
  Speaker 3: I went to Youngstown State, yep.
• 4:32
  Speaker 1: What did you study?
• 4:34
  Speaker 3: I actually studied nothing that I actually do. I'm in business,
• 4:37
  Speaker 3: and I have a Bachelor of Science in Environmental Studies.
• 4:42
  Speaker 1: A Bachelor of Science.
• 4:44
  Speaker 2: Biology.
• 4:46
  Speaker 1: Was it hard?
• 4:49
  Speaker 3: No.
• 4:51
  Speaker 6: Really?
• 4:51
  Speaker 3: No.
• 4:52
  Speaker 1: So you thought a Bachelor of Science in Biology was easy?
• 4:57
  Speaker 4: Oh, that was a minor.
• 4:58
  Speaker 3: Yes, it was easy.
• 5:00
  Speaker 1: All right. So you graduated college, and you got a
• 5:03
  Speaker 1: college degree that has nothing to do with what you
• 5:05
  Speaker 1: ended up doing?
• 5:07
  Speaker 3: No.
• 5:08
  Speaker 6: Yeah, exactly.
• 5:08
  Speaker 3: Exactly right. Yeah, I don't do anything that has anything
• 5:11
  Speaker 3: to do with my college degree.
• 5:13
  Speaker 1: So what was the point of going to college?
• 5:16
  Speaker 3: Well, most companies, especially back then, wanted the degree to
• 5:21
  Speaker 3: prove that you have the ability to learn, be disciplined,
• 5:24
  Speaker 3: show up on time, persevere, right? Do all those things.
• 5:27
  Speaker 7: Right.
• 5:28
  Speaker 3: I just started working in management and then..
• 5:32
  Speaker 1: So when you got out of college, you didn't get
• 5:35
  Speaker 1: a job that had anything to do with your degree?
• 5:37
  Speaker 1: Did you just go into..
• 5:38
  Speaker 3: I had a girlfriend who was working at a company
• 5:43
  Speaker 3: and I went there temporarily as I was trying to
• 5:47
  Speaker 3: figure out what I was going to do. And then
• 5:51
  Speaker 3: I was asked to move into leadership roles.
• 5:55
  Speaker 1: And so you moved into the leadership roles... Basically, you're
• 6:00
  Speaker 1: talking you went from employee to management.
• 6:04
  Speaker 3: Yeah.
• 6:06
  Speaker 1: And that's how you've achieved what you've achieved today, correct?
• 6:12
  Speaker 2: Yeah, yeah.
• 6:12
  Speaker 1: Did you feel that you've gone further than you ever
• 6:16
  Speaker 1: dreamed as far as..
• 6:18
  Speaker 3: Oh, yeah. My husband and I laugh about it all
• 6:21
  Speaker 3: the time. My husband's like, did you ever in your
• 6:24
  Speaker 3: lifetime think you would be making this kind of..
• 6:25
  Speaker 1: No, never.
• 6:27
  Speaker 3: No.
• 6:27
  Speaker 7: No.
• 6:29
  Speaker 1: Why do you, why do you think I'm aggressive?
• 6:32
  Speaker 2: I'm a go getter.
• 6:33
  Speaker 3: I hustle. I never miss work. I'm always on time.
• 6:36
  Speaker 3: I always try to add value. I'm always thinking outside
• 6:39
  Speaker 3: the box. I mean, if you do all those things and.
• 6:41
  Speaker 2: You've got a little oomph to you, you can do that.
• 6:44
  Speaker 3: It's not hard. It's not hard to do that.
• 6:47
  Speaker 2: You just got to have some, got.
• 6:50
  Speaker 4: To have some get up and go.
• 6:51
  Speaker 2: You know what I mean?
• 6:52
  Speaker 1: Was it, was it difficult to hire good people and
• 6:55
  Speaker 1: fire bad people?
• 6:58
  Speaker 3: Oh, it's very easy to fire bad people. Hiring good
• 7:01
  Speaker 3: people is hard.
• 7:03
  Speaker 4: But if you hire somebody good, where I grew.
• 7:06
  Speaker 3: Up in the organization that I grew up, which set
• 7:09
  Speaker 3: the foundation for my growth, always said you never let
• 7:12
  Speaker 3: them go, no matter what. If you have a great employee,
• 7:14
  Speaker 3: you never let them go, ever.
• 7:15
  Speaker 4: You just don't let them go.
• 7:17
  Speaker 3: Make sure you treat them well and you reward them highly.
• 7:21
  Speaker 3: So if that means that I can only give out
• 7:23
  Speaker 3: $ 100, 000 in pay increases, Some people are going to get
• 7:31
  Speaker 3: let go. Some people are going to get maybe, you know,
• 7:34
  Speaker 3: very little. Some people are going to get much, much
• 7:37
  Speaker 3: larger ones to make sure that I retain them.
• 7:42
  Speaker 1: And so when you sit back, I mean, from an
• 7:45
  Speaker 1: income standpoint, you've said, wow, this is beyond my wildest dreams.
• 7:51
  Speaker 2: Yeah, beyond what I thought for sure, especially with a
• 7:53
  Speaker 2: four-year degree.
• 7:55
  Speaker 1: But at the same time, you say, I worked hard
• 7:58
  Speaker 1: and I've earned where I am today. And now, based
• 8:03
  Speaker 1: on all of that... Are you personally then concerned about
• 8:06
  Speaker 1: what the future has in store?
• 8:08
  Speaker 3: I'm extremely concerned. All the kids sitting in college classrooms
• 8:11
  Speaker 3: right now, I'm extremely worried for them. I'm listening to
• 8:17
  Speaker 3: this now. I'm kind of like waking up to this.
• 8:18
  Speaker 3: I started talking to you about it last week, but
• 8:20
  Speaker 3: I've been thinking about it every day and doing more research.
• 8:24
  Speaker 3: When I hear Elon.
• 8:25
  Speaker 4: Musk, too, I would say he's brilliant.
• 8:27
  Speaker 2: Yeah.
• 8:28
  Speaker 3: I mean, I think most people would say, yeah, he
• 8:30
  Speaker 3: is saying in the next five years, all these jobs
• 8:35
  Speaker 3: that are anything that has to do with office work, analysis, coding,
• 8:41
  Speaker 3: customer service, design, any administrative tasks. I mean, anything that
• 8:45
  Speaker 3: is analytical can be done on a computer. Half of
• 8:48
  Speaker 3: those jobs are going to be gone and it's going
• 8:52
  Speaker 3: to disrupt the workforce. That's going to happen phase one.
• 8:54
  Speaker 3: Phase two is, okay, so now those jobs are gone
• 8:58
  Speaker 3: because we have systems and tools that can do all
• 9:00
  Speaker 3: of that. They can do it faster, more efficiently.
• 9:06
  Speaker 2: The people who will.
• 9:07
  Speaker 3: Be last to be disrupted or displaced will be the plumbing,
• 9:10
  Speaker 3: electrical people, the construction people, people who work with their hands,
• 9:15
  Speaker 3: anybody mechanical. The trades are going to now become more...
• 9:20
  Speaker 3: important than anybody that uses their brain. Now, you're going
• 9:24
  Speaker 3: to have the higher echelon who have to make decisions
• 9:26
  Speaker 3: with the data. The data is going to come in really,
• 9:28
  Speaker 3: really fast. It's going to give you an output, and
• 9:31
  Speaker 3: then you have to make the human side of the decision.
• 9:33
  Speaker 3: So the leadership, you're going to have a reduction. It
• 9:36
  Speaker 3: won't be crazy, as crazy as the worker, the office worker,
• 9:41
  Speaker 3: the analytics, the guys who sit there and do coding
• 9:43
  Speaker 3: all day, people who answer phones or do customer service.
• 9:46
  Speaker 3: Those jobs are going to be slacked. But now, hopefully,
• 9:50
  Speaker 3: they can work with their hands.
• 9:52
  Speaker 2: But working with your.
• 9:53
  Speaker 3: Hands doesn't have you safe for long because.
• 9:55
  Speaker 2: They're building robots right now that virtually can do anything.
• 9:57
  Speaker 2: They can do surgery.
• 9:59
  Speaker 3: They can put an engine in a car. They can
• 10:01
  Speaker 3: do electrical, mechanical, plumbing work.
• 10:04
  Speaker 2: They can do all these things. We are literally walking
• 10:06
  Speaker 2: a very slippery slope.
• 10:09
  Speaker 3: And I understand this whole theory of the US has
• 10:12
  Speaker 3: to get there first because it's a race against other countries.
• 10:15
  Speaker 2: If we're not first, we're last, Ricky Bobby.
• 10:17
  Speaker 3: I get all that to some degree. what's next? And
• 10:23
  Speaker 3: this is where I go towards a very, I don't know,
• 10:26
  Speaker 3: but to me, it looks like a walk towards socialism.
• 10:29
  Speaker 3: So if we don't have any money anymore, there's not
• 10:32
  Speaker 3: any jobs anymore. And I've heard Elon Musk say this
• 10:35
  Speaker 3: several times, and you can go and look it up.
• 10:37
  Speaker 3: Or he says, we won't need jobs. We won't need money.
• 10:41
  Speaker 3: We will have everything.
• 10:43
  Speaker 2: How do you get there? So we won't need jobs.
• 10:46
  Speaker 4: We won't need money.
• 10:47
  Speaker 3: What do we get, rations? Are we all in huts
• 10:49
  Speaker 3: one day? Do I get food rations?
• 10:52
  Speaker 4: We all wear the same clothes.
• 10:53
  Speaker 1: But isn't it like a circle? The economy's a circle.
• 10:57
  Speaker 1: In other words, you need this guy to do whatever
• 11:00
  Speaker 1: he does. to hire the plumber or hire the construction guy.
• 11:06
  Speaker 1: It takes people. We're all tied together in many ways.
• 11:10
  Speaker 1: People forget that. I mean, you can be great with
• 11:13
  Speaker 1: your hands, but if you don't have a market that's
• 11:15
  Speaker 1: building homes or remodeling homes. because they don't have the
• 11:18
  Speaker 1: jobs or the disposable income to do so, then you
• 11:21
  Speaker 1: don't have work either. Follow me? I mean, obviously, there's
• 11:25
  Speaker 1: necessities like getting your roof redone and that kind of stuff.
• 11:29
  Speaker 1: I get it. But you don't have to remodel a
• 11:31
  Speaker 1: bathroom or the kitchen or any of that kind of
• 11:33
  Speaker 1: jazz if you don't have the disposable income.
• 11:37
  Speaker 6: So..
• 11:39
  Speaker 2: I don't know that there is no income and there's universal,
• 11:42
  Speaker 2: some sort of universal system. I just don't know where
• 11:45
  Speaker 2: I'm at. The point of all this is, is I
• 11:46
  Speaker 2: just don't know where it's all going. And anybody sitting
• 11:49
  Speaker 2: in a classroom right now going to college, like I
• 11:51
  Speaker 2: very much fear for them.
• 11:53
  Speaker 1: So are you concerned about your own financial future?
• 11:58
  Speaker 3: I mean, you're not, I don't, because I'm, you know,
• 12:02
  Speaker 3: I'm 53. I'll, you know, if it's 10 years from now,
• 12:05
  Speaker 3: squeak through till retirement. Um, I think I'll be one
• 12:12
  Speaker 3: of the last.
• 12:15
  Speaker 2: To squeak through this. But I don't even know what
• 12:18
  Speaker 2: that means. Because what does that even mean?
• 12:21
  Speaker 5: I don't know.
• 12:21
  Speaker 1: I don't even know.
• 12:22
  Speaker 4: What will the dollar be worth by then?
• 12:24
  Speaker 1: How many children do you have? Two.
• 12:30
  Speaker 3: Well, one will be working with his hands.
• 12:32
  Speaker 1: What advice did you give?
• 12:33
  Speaker 3: Physical therapy.
• 12:34
  Speaker 1: Okay. So what advice did you give to your two children?
• 12:38
  Speaker 3: Well, my oldest son, who's very, very, very smart, I
• 12:41
  Speaker 3: told him to lean towards regulation, energy regulation, because all
• 12:50
  Speaker 3: of this expansion, no matter which way we go, is
• 12:54
  Speaker 3: going to depend on energy, whether that's electric, nuclear, whatever.
• 13:00
  Speaker 1: So what kind of job, what do you tell him
• 13:04
  Speaker 1: to go do or study, or what's he doing?
• 13:06
  Speaker 2: Well, he's already graduated.
• 13:08
  Speaker 3: He's kind of in the same spot. He's already graduated.
• 13:15
  Speaker 1: Does he have a job?
• 13:16
  Speaker 3: Yeah, he has a job. He does financial crime analyst.
• 13:22
  Speaker 1: Financial what?
• 13:24
  Speaker 2: Crime.
• 13:24
  Speaker 1: Oh, financial crime. Analyst.
• 13:28
  Speaker 3: Easily displaced with a computer very soon.
• 13:32
  Speaker 1: Okay.
• 13:33
  Speaker 3: I mean, any analyst.
• 13:35
  Speaker 1: Is his job secure?
• 13:37
  Speaker 3: Yeah, I mean, today it is, but I mean, I
• 13:41
  Speaker 3: don't wait. I plan ahead. I mean, as much as
• 13:45
  Speaker 3: I can, I plan ahead. I'm telling him, you know,
• 13:49
  Speaker 3: you need to become an expert in energy, in power.
• 13:54
  Speaker 3: And he's so stupid smart at picking. I mean, there's
• 13:56
  Speaker 3: nothing he can't learn.
• 13:58
  Speaker 1: Obviously, he takes after his father.
• 14:01
  Speaker 4: Right.
• 14:01
  Speaker 3: Well, actually, my husband's probably way more intelligent than I am.
• 14:06
  Speaker 4: I'm aggressive.
• 14:07
  Speaker 2: I'm assertive.
• 14:07
  Speaker 8: All right.
• 14:08
  Speaker 1: I'm a worker. So then the other one's a physical therapist.
• 14:12
  Speaker 1: Because in all seriousness, if I had a daughter, let's say,
• 14:19
  Speaker 1: that was graduating high school or in college, I would
• 14:24
  Speaker 1: be telling them, become a nurse. I would be telling them,
• 14:27
  Speaker 1: go into health care, because that is... There's such a
• 14:32
  Speaker 1: huge shortage, still a demand, and it still will take people.
• 14:39
  Speaker 1: And you can make a good living. I mean, I
• 14:41
  Speaker 1: would highly, my wife is a nurse, but I would
• 14:44
  Speaker 1: highly recommend.
• 14:45
  Speaker 3: I agree. I think anything in the medical field right
• 14:49
  Speaker 3: now is safe.
• 14:49
  Speaker 2: Right now. But there will certainly be a reduction. You're
• 14:53
  Speaker 2: not going to need.
• 14:54
  Speaker 3: All these texts.
• 14:56
  Speaker 2: You'll need a physical person who walks you into the
• 14:58
  Speaker 2: room to get a..
• 15:00
  Speaker 1: I think you're always..
• 15:03
  Speaker 2: You're not going to need somebody to read it. You
• 15:05
  Speaker 2: won't need all the little readers.
• 15:07
  Speaker 3: You might need one person who oversees the reading of it.
• 15:10
  Speaker 2: Maybe that's the physical..
• 15:11
  Speaker 1: You're always going to need a nurse and a bedpan
• 15:14
  Speaker 1: and whatever. I mean, I think... I'm just trying to say...
• 15:17
  Speaker 1: I still say, despite AI... And like they say, a
• 15:23
  Speaker 1: lot of these jobs will disappear. We shall see. We
• 15:27
  Speaker 1: shall see in a short period of time. We're talking
• 15:29
  Speaker 1: between now and the next three, within the next three
• 15:32
  Speaker 1: years that they're talking about so many of these jobs disappearing.
• 15:35
  Speaker 1: We shall see. And who knows what jobs will come
• 15:39
  Speaker 1: as a result of it, too. I don't know.
• 15:42
  Speaker 7: But..
• 15:43
  Speaker 3: Yeah, I would say healthcare is one of the safer
• 15:46
  Speaker 3: ones for sure.
• 15:47
  Speaker 2: I mean, I would say attorneys, hell no.
• 15:50
  Speaker 7: No.
• 15:50
  Speaker 3: I mean, I could probably go online right now and say,
• 15:52
  Speaker 3: here's what I did. Here's what I didn't do. Here's
• 15:55
  Speaker 3: my scenario. Cite case law and tell me how to
• 15:58
  Speaker 3: defend myself. I guarantee I could get a, and then
• 16:02
  Speaker 3: have three different AI tools fight against each other to
• 16:04
  Speaker 3: tell me the best probable outcome. I probably could do.
• 16:07
  Speaker 2: That right now and not need a lawyer. I'm perfectly okay.
• 16:12
  Speaker 2: I mean, there's so many of these industries that are
• 16:14
  Speaker 2: going to be displaced.
• 16:15
  Speaker 3: It's not even funny.
• 16:17
  Speaker 2: I think medical is probably the right thing.
• 16:18
  Speaker 1: The world still, some jobs get eliminated. You're always going
• 16:22
  Speaker 1: to need an ambulance guy. You're always going to need
• 16:24
  Speaker 1: a paramedic. You're always going to need a fireman. You're
• 16:26
  Speaker 1: always going to need some cop to show up.
• 16:28
  Speaker 2: You're not always going to need a cop, and you're
• 16:30
  Speaker 2: not always going to need a fireman, Ron. You're either
• 16:32
  Speaker 2: trying to do the military or robots.
• 16:35
  Speaker 1: No, robots aren't going to cover all that. You're never
• 16:42
  Speaker 1: going to take people out of the equation. I don't
• 16:46
  Speaker 1: agree with that. There will always be... Well, we shall
• 16:49
  Speaker 1: see what happens.
• 16:51
  Speaker 2: I guess we'll be dead, probably.
• 16:53
  Speaker 3: But, I mean, who knows?
• 16:54
  Speaker 2: Probably transportation won't look the same.
• 16:56
  Speaker 1: You'll probably... I might be, because I'm older than you, but...
• 17:01
  Speaker 1: You'll probably still be around to see this, but who knows?
• 17:05
  Speaker 1: If we're talking within the next three years, hopefully we'll
• 17:07
  Speaker 1: both be around to watch.
• 17:09
  Speaker 3: Oh, three years. I think, yeah, everybody's safe. I think
• 17:12
  Speaker 3: it's the next 10 that are really become, I don't
• 17:14
  Speaker 3: know what happened here.
• 17:16
  Speaker 4: And it's like Pandora's box. We've opened it, and there's no.
• 17:19
  Speaker 3: Stopping it back at this point.
• 17:22
  Speaker 1: Yeah, I would be curious to see what happens. What
• 17:26
  Speaker 1: happens here, but I am going to... Well, stay tuned
• 17:29
  Speaker 1: at 5.30. So you and I are on the same page.
• 17:32
  Speaker 1: I mean, just so I get a clear understanding. You
• 17:35
  Speaker 1: are as disappointed in Democrats and Republicans, anybody in the
• 17:39
  Speaker 1: state that said... And DeWine, who I can't... Just the
• 17:45
  Speaker 1: longer he goes, I just can't stand the guy.
• 17:48
  Speaker 4: Oh, I agree.
• 17:50
  Speaker 1: With this... tax abatement to data centers as far as
• 17:53
  Speaker 1: sales tax goes. So damn stupid. It cost us so
• 17:56
  Speaker 1: much money. Think of all the money that we've lost
• 17:58
  Speaker 1: that we could have put towards our schools and lowered
• 18:01
  Speaker 1: our property tax burden. Just think of that.
• 18:04
  Speaker 3: It's thousand percent. You're right. You're spot on. And that's
• 18:07
  Speaker 3: why people are frustrated.
• 18:09
  Speaker 4: And then you, you last week when you were talking.
• 18:11
  Speaker 3: About whatever state that was that told the People, like,
• 18:15
  Speaker 3: you're going to have to find another energy source because
• 18:17
  Speaker 3: you're not going to have electricity.
• 18:18
  Speaker 2: I think we're just.
• 18:19
  Speaker 3: Moving too fast. We're making these very big, grandiose decisions that, one,
• 18:24
  Speaker 3: are not putting the taxpayer in a better position. They're
• 18:27
  Speaker 3: putting them in a worse position. And then you're putting
• 18:29
  Speaker 3: stress on the system. Why are we rushing like that?
• 18:33
  Speaker 4: We're making rush decisions and we're moving really fast.
• 18:36
  Speaker 1: I was doing some research. And let me just move
• 18:40
  Speaker 1: from the state to the federal government. You want to
• 18:41
  Speaker 1: know what's really troubling to me, boss lady? And maybe
• 18:44
  Speaker 1: all of you should know this. There are 375 million
• 18:48
  Speaker 1: barrels of oil in our strategic oil reserve. That's how
• 18:52
  Speaker 1: much we have when they're full, 375 million. And China
• 18:57
  Speaker 1: has over a billion, all right, a billion barrels of
• 19:02
  Speaker 1: oil in their strategic petroleum reserve. We are taking oil
• 19:06
  Speaker 1: out of our strategic oil reserve. And putting it, selling
• 19:11
  Speaker 1: it on the market for less than it costs. You
• 19:16
  Speaker 1: follow me? In other words, what is taking place right
• 19:19
  Speaker 1: now is to keep oil prices where they are and
• 19:23
  Speaker 1: to keep oil prices low. We are rating the Strategic
• 19:27
  Speaker 1: Oil Reserve. We just released 17 million barrels the other day.
• 19:31
  Speaker 1: And we're selling them at a lower price than the
• 19:33
  Speaker 1: market price. You follow me? To keep oil prices low.
• 19:36
  Speaker 1: To drive oil prices down. So the oil market is
• 19:40
  Speaker 1: being manipulated right now with strategic oil reserves both in
• 19:44
  Speaker 1: China and in the United States to bring these prices down.
• 19:50
  Speaker 1: And the problem is the supply of oil is being depleted.
• 19:56
  Speaker 1: You follow me from the reserves are coming further down
• 20:02
  Speaker 1: both here and in China. And so the amount of
• 20:08
  Speaker 1: available oil is declining to manipulate. Well, some of these
• 20:14
  Speaker 1: analysts are saying that it's not going to leave us
• 20:18
  Speaker 1: in a good place because oil prices could soar because
• 20:21
  Speaker 1: they're being manipulated now because you're going to be running
• 20:25
  Speaker 1: out of this oil, oil that you're manipulating the market with.
• 20:31
  Speaker 1: Plus you have the cutbacks as a result of the
• 20:37
  Speaker 1: straight oil And if that escalates, that you could see
• 20:41
  Speaker 1: oil prices spike even more. And even though there's conversation
• 20:46
  Speaker 1: and Dalio and some of these economists are saying that
• 20:49
  Speaker 1: they're thinking you could see a rate of inflation at 6%
• 20:53
  Speaker 1: in the second quarter, 6% rate of inflation. I mean,
• 20:57
  Speaker 1: this is how, when people are talking about Trump and
• 21:02
  Speaker 1: this whole war going on with Iran, And I still
• 21:07
  Speaker 1: say Netanyahu and Israel was behind him getting involved in this.
• 21:11
  Speaker 1: The economy is going in the right direction. He could
• 21:13
  Speaker 1: very well be destroying this economy with high inflation, potential
• 21:21
  Speaker 1: interest rate increases, and oil costs going up. With no
• 21:28
  Speaker 1: end in sight. And what do they say? The insanity
• 21:32
  Speaker 1: is doing the same thing again, expecting different results. So
• 21:35
  Speaker 1: let's go bomb the hell out of them some more
• 21:36
  Speaker 1: after we've already done that and think we're going to
• 21:39
  Speaker 1: get different results. And the concern is if they take
• 21:43
  Speaker 1: action to start nailing oil production in places, we could
• 21:48
  Speaker 1: have a major economic situation that's that's. Some people in
• 21:53
  Speaker 1: the know say is pending. Let's put it that way.
• 21:57
  Speaker 1: That's something to be concerned about as well. I lay
• 22:00
  Speaker 1: that on your plate, okay? All right.
• 22:04
  Speaker 4: Well, I see what he has to say.
• 22:05
  Speaker 3: Let him know if whoever's calling in at 530. Ohio
• 22:08
  Speaker 3: is number six in the country for the amount of
• 22:11
  Speaker 3: data centers.
• 22:12
  Speaker 2: Yeah.
• 22:13
  Speaker 1: All right. I'll try to get you the latest update.
• 22:15
  Speaker 1: I promise.
• 22:16
  Speaker 5: All right.
• 22:16
  Speaker 1: Thank you. News Radio 570. Don't do Kimmy and Ron
• 22:19
  Speaker 1: Ferb here tonight till 7. I mean, this is just
• 22:24
  Speaker 1: stuff I just want you to know. I mean, did
• 22:28
  Speaker 1: you know that? 375 million barrels in our strategic oil reserve,
• 22:30
  Speaker 1: 1 billion in China. And they're being tapped into to
• 22:38
  Speaker 1: manipulate oil prices down. Biden did it. So there's really
• 22:42
  Speaker 1: kind of the prices being manipulated by that oil. So
• 22:49
  Speaker 1: what happens when you stop drawing on that and the
• 22:52
  Speaker 1: prices go back to the market? This whole thing is really,
• 22:59
  Speaker 1: it's a mess. I just want you to hear this,
• 23:06
  Speaker 1: and I can't get it all on. This is from CNBC.
• 23:08
  Speaker 1: The guy's name is Jeff Curry. He's an oil market analyst.
• 23:14
  Speaker 1: And I just want you to hear what he has
• 23:15
  Speaker 1: to say. Please pay attention to this for a minute.
• 23:18
  Speaker 1: peace deal with Iran that would reopen the Strait of
• 23:21
  Speaker 1: Hormuz a bit of mixed messaging although on Sunday but still.
• 23:25
  Speaker 5: Oil prices are lower this morning on the back of
• 23:27
  Speaker 5: this news.
• 23:28
  Speaker 1: So walk me through how you are.
• 23:30
  Speaker 9: Digesting this news and where does crude go from here
• 23:34
  Speaker 9: well I just want to start with one observation five
• 23:37
  Speaker 9: deal announcements zero closes over the whole period since the
• 23:41
  Speaker 9: war has begun.
• 23:43
  Speaker 1: That's a pattern.
• 23:44
  Speaker 9: And I think the key pattern is sell the tweet,
• 23:48
  Speaker 9: buy the molecule. And I just want to emphasize when
• 23:51
  Speaker 9: we look at Iran, I think it was a Middle
• 23:55
  Speaker 9: East senior official once told me, he goes, never negotiate
• 23:58
  Speaker 9: with an Iranian. The minute you think you won, that's exactly.
• 24:01
  Speaker 1: When you know you probably lost.
• 24:03
  Speaker 9: And their negotiating position at this point has never been
• 24:07
  Speaker 9: stronger than In the last 47 years, when we look at,
• 24:11
  Speaker 9: I like to point out, every day that goes by,
• 24:13
  Speaker 9: Iran's negotiating leverage compounds.
• 24:17
  Speaker 2: Why?
• 24:17
  Speaker 9: Because inventories of oil and inventories continue to drop. Last
• 24:21
  Speaker 9: week alone, you dropped inventories by 17 million barrels. And
• 24:25
  Speaker 9: so I like to say, as the clock ticks on,
• 24:27
  Speaker 9: the situation for Iran, they're leveraging power compounds, while for
• 24:31
  Speaker 9: the West, it decreases. You told my colleagues in London
• 24:36
  Speaker 9: last week that oil shortage could hit bottom within weeks.
• 24:41
  Speaker 1: Do you see this happening in the US too? And
• 24:43
  Speaker 1: do we have a clear timeframe for oil hitting a
• 24:47
  Speaker 1: tank bottom.
• 24:47
  Speaker 3: As you said?
• 24:48
  Speaker 9: Well, I think, first of all, when I say tank bottoms,
• 24:51
  Speaker 9: people look at and they go, there's 8 billion barrels
• 24:54
  Speaker 9: of oil out there. The reality is the vast majority
• 24:58
  Speaker 9: of that oil is pipe-filled, system-filled.
• 25:00
  Speaker 1: You don't have access to it.
• 25:01
  Speaker 9: So you can only go to a certain level we
• 25:03
  Speaker 9: call minimum operating levels. And in the case of Asia,
• 25:08
  Speaker 9: you're there. I mean, we've seen explosive prices.
• 25:12
  Speaker 1: Products.
• 25:13
  Speaker 9: Jet fuel has come down, but diesel has now gone
• 25:16
  Speaker 9: up above jet fuel. So the problem here in Singapore continues.
• 25:19
  Speaker 9: It just moved from jet to diesel. The next one
• 25:22
  Speaker 9: would be Europe. We expect Europe to start to have
• 25:24
  Speaker 9: problems sometime After this bank holiday, as we get into
• 25:30
  Speaker 9: the summer driving season, one thing about Europe, all of
• 25:33
  Speaker 9: the inventories that are drying out of the United States,
• 25:35
  Speaker 9: out of the US SPR, are being exported into Europe.
• 25:39
  Speaker 9: So the Europeans think they have no problem because they're
• 25:42
  Speaker 9: getting all of this oil being imported from the United States.
• 25:45
  Speaker 9: But that can't continue on because we move over to
• 25:47
  Speaker 9: the US, you start to get into problems sometime in July.
• 25:51
  Speaker 9: I would say, Asia, you're there. Europe, give it about
• 25:55
  Speaker 9: another month and look for July being a problem in
• 25:58
  Speaker 9: the US.
• 25:58
  Speaker 4: In the US.
• 25:59
  Speaker 9: President Trump is considering suspending the federal gasoline tax.
• 26:04
  Speaker 5: Doesn't sound good to me based on.
• 26:06
  Speaker 2: What you just said.
• 26:08
  Speaker 9: That doesn't solve any of the problems. The only way
• 26:11
  Speaker 9: you solve this problem is increase the availability of molecules.
• 26:15
  Speaker 9: And they've done that through the SPR. But we look
• 26:18
  Speaker 9: at oil prices. Ever since they made the announcement, we
• 26:21
  Speaker 9: see prices trending up. And I like to point in
• 26:24
  Speaker 9: vehicles that you can invest in, like the BCOM Commodity
• 26:27
  Speaker 9: Index for oil or like the USO or BNO. They've
• 26:31
  Speaker 9: all just continued to go higher and higher, which is
• 26:33
  Speaker 9: telling that you that you have an underlying problem here.
• 26:36
  Speaker 9: So I like to point out is we can come
• 26:39
  Speaker 9: up with these different types of policy announcements that try
• 26:42
  Speaker 9: to solve it. But the only thing that's going to
• 26:44
  Speaker 9: solve it is more molecules. And ultimately, the real thing
• 26:48
  Speaker 9: is open the straits. But that's still, even if you
• 26:50
  Speaker 9: announced it tomorrow, six more months before you really solve
• 26:53
  Speaker 9: the problem.
• 26:56
  Speaker 1: All right, now I'll play you the rest of that
• 26:59
  Speaker 1: maybe after the break, okay? So keep that in mind.
• 27:02
  Speaker 1: I'll try to do that, all right, for you. That's
• 27:04
  Speaker 1: from CNBC. I mean, where the guy's talking about this
• 27:08
  Speaker 1: kind of stuff. But it's stuff I want you to know.
• 27:11
  Speaker 1: I mean, these are like from these analysts that follow
• 27:14
  Speaker 1: this kind of stuff no more than we do.
• 27:23
  Speaker 5: From ABC News, I'm Lindsay Davis, anchor of Prime, streaming
• 27:27
  Speaker 5: weeknights on ABC News Live. A standoff between the U.S.
• 27:30
  Speaker 5: and Iran continues. Iranian state media claims Iran sent a
• 27:34
  Speaker 5: memo to the U.S. stating Iran will continue to control
• 27:36
  Speaker 5: the Strait of Hormuz. President Trump says Iran is negotiating
• 27:40
  Speaker 5: on fumes but expressed optimism over a deal. ABC's Ian
• 27:43
  Speaker 5: Pannell is in Israel with reaction.
• 27:45
  Speaker 6: The White House, the Trump administration keep voicing optimism that
• 27:48
  Speaker 6: a deal is close at hand. But if you actually
• 27:50
  Speaker 6: look at the facts on the ground, over the last
• 27:53
  Speaker 6: few days, we've seen U.S. strikes in Iran, Iran vowing
• 27:56
  Speaker 6: to retaliate, an increase in Israeli strikes in Lebanon, the
• 28:00
  Speaker 6: Iranian-backed proxy group Hezbollah firing back here in Israel.
• 28:04
  Speaker 5: The CDC is stepping up screening procedures for Ebola at
• 28:07
  Speaker 5: key airports where travelers arrive from Central Africa. ABC's Faith
• 28:10
  Speaker 5: Abubay is at Atlanta's Hartsfield-Jackson International.
• 28:13
  Speaker 7: An internal email obtained by ABC News shows acting CDC
• 28:17
  Speaker 7: Director Dr. Jay Bhattacharya urging employees to volunteer to screen
• 28:22
  Speaker 7: Americans returning from Ebola hot zones for possible signs of
• 28:26
  Speaker 7: the virus.
• 28:27
  Speaker 3: The U.S.
• 28:28
  Speaker 1: Is one of several.
• 28:29
  Speaker 7: Countries tightening travel restrictions amid the rapidly growing outbreak.
• 28:34
  Speaker 5: It comes as the U.S. is preparing to host the
• 28:36
  Speaker 5: World Cup games next month with criticism building over ticket prices.
• 28:39
  Speaker 5: Now two state prosecutors have launched an investigation into FIFA's
• 28:42
  Speaker 5: ticketing practices.
• 28:43
  Speaker 8: Investigating whether fans were misled about the locations of the
• 28:47
  Speaker 8: seats they were buying, New York Attorney General Letitia James
• 28:50
  Speaker 8: and New Jersey Attorney General Jennifer Davenport. They also want
• 28:53
  Speaker 8: to know whether FIFA's public statements about tickets inflated prices
• 28:57
  Speaker 8: for the eight matches at MetLife Stadium. Fans have reported
• 29:00
  Speaker 8: they were misled about where their seats would be.
• 29:03
  Speaker 5: ABC's Chuck Sievertson. New York Knicks fans are celebrating the
• 29:06
  Speaker 5: team's trip to the finals, but ticket prices for the
• 29:08
  Speaker 5: championship games are soaring into the thousands. The Knicks still
• 29:12
  Speaker 5: waiting to see who they'll face. The San Antonio Spurs
• 29:14
  Speaker 5: lead the Oklahoma City Thunder 3-2 in the series. Game
• 29:18
  Speaker 5: 6 is tomorrow. You're listening to ABC News.