Latest / Brian Thomas / 55KRC Monday Show - Empower U, Smitherman, Money Monday, Brigham McCown

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55KRC Monday Show - Empower U, Smitherman, Money Monday, Brigham McCown · Brian Thomas

• 0:09
  Speaker 1: Five o five at fifty five k r C the
• 0:13
  Speaker 1: talk station, Happy Monday, Happy Monday. Some say, will a vacation?
• 0:31
  Speaker 1: I mean war man wow, war you know wow? Yeah,
• 0:37
  Speaker 1: you read my mind, Jes Strecker. I was looking for
• 0:39
  Speaker 1: that SoundBite from one Ona Ryder. Send it to you
• 0:43
  Speaker 1: over the weekend. Yes, welcome into the morning show, Happy
• 0:45
  Speaker 1: Monday to you. Try to make it so anyway, and yes,
• 0:46
  Speaker 1: we're at war apparently. Uh, it's kind of interesting when
• 0:49
  Speaker 1: I woke up on Saturday morning and realized that Donald
• 0:52
  Speaker 1: Trump haud go ahead and given the authorization to join
• 0:54
  Speaker 1: with Israel and start, you know, bombing the crap out
• 0:56
  Speaker 1: of it. Wrong. That's kind of what I said on
• 1:00
  Speaker 1: Friday too, I think was David Taylor. I suggested, you know, well,
• 1:03
  Speaker 1: if you've going to vote on the War Powers Resolution
• 1:06
  Speaker 1: next week, what if Donald Trump just launches the military
• 1:10
  Speaker 1: action over the weekend and gets ahead of it. Well
• 1:13
  Speaker 1: that's what happened. I don't know how much of that
• 1:15
  Speaker 1: went into the calculus Donald Trump. And they're still planning
• 1:18
  Speaker 1: on having over War Powers resolution vote, although it's noted
• 1:20
  Speaker 1: given the narrow Republican margins in the House and several
• 1:26
  Speaker 1: Republicans have already suggested they would vote for a war
• 1:28
  Speaker 1: powers resolution limiting or carving the authority Trump has, remember
• 1:33
  Speaker 1: the veto power. Yeah, and they won't have enough votes
• 1:39
  Speaker 1: to override a presidential veto. So here we are, here,
• 1:43
  Speaker 1: we are two three talk to pound five fifty on
• 1:48
  Speaker 1: at and T phones. I don't know what the hell
• 1:49
  Speaker 1: they were think of your audience. I mean, you're in
• 1:52
  Speaker 1: the middle of these negotiations. And Donald Trump had said, listen,
• 1:55
  Speaker 1: if we don't solve something by way of a peaceful resolution,
• 1:58
  Speaker 1: which meant, of course, Ron had to get rid of
• 1:59
  Speaker 1: al the nuclear weapons and long range missiles and everything.
• 2:02
  Speaker 1: Ron kept saying no, no, no, no, And at some
• 2:04
  Speaker 1: point they walk out. Third round of talks is get
• 2:08
  Speaker 1: you know, is pending or coming up, and then Donald
• 2:13
  Speaker 1: Trump goes ahead. Now that's just the reality of where
• 2:16
  Speaker 1: we are. But what the hell is the iatola thinking?
• 2:20
  Speaker 1: Whose bright idea was it to get together with all
• 2:23
  Speaker 1: the top leadership at one specific place and have a picnic. Oh,
• 2:28
  Speaker 1: there's no way they're gonna do anything about this. Haven't
• 2:30
  Speaker 1: we demonstrated, I mean all the way back to I
• 2:33
  Speaker 1: don't know even Clinton, I guess, but you know, Barack
• 2:36
  Speaker 1: Obama launched rocket strikes on individuals killed terrorists. I mean,
• 2:40
  Speaker 1: we do this almost on a regular basis, and we're
• 2:43
  Speaker 1: gotting pretty damn good at it. He didn't see what
• 2:45
  Speaker 1: happened in Venezuela with that real unbelievable strike. Zip in,
• 2:50
  Speaker 1: zip out. We know exactly where the president is. Let's
• 2:52
  Speaker 1: go in and get him. Let's pull him out and
• 2:54
  Speaker 1: take it back and try in the states man past
• 3:00
  Speaker 1: the hummus blam, is that what you said? You just
• 3:04
  Speaker 1: sitting rout of the picnic? Could I have some more
• 3:07
  Speaker 1: baba ganoosh and then vaporization? Okay? And springing from that
• 3:18
  Speaker 1: sort of scratch your head moment, and I listen, at least,
• 3:22
  Speaker 1: if you're gonna wage your war, you gotta call that
• 3:26
  Speaker 1: one a huge victory, at least a battle one. Let's see,
• 3:31
  Speaker 1: within an hour or like twenty four hours of the
• 3:34
  Speaker 1: of the first bombs being dropped, you have wiped out
• 3:37
  Speaker 1: all of the top leadership in Iran. I'd say that's
• 3:40
  Speaker 1: a military victory if there river was one anyway, then
• 3:44
  Speaker 1: pivoting over you, Okay, So you're what's left of the
• 3:46
  Speaker 1: leadership in Iran and you get to you get to
• 3:48
  Speaker 1: make the decisions. What is your response? Huh? Some might
• 3:54
  Speaker 1: suggest launching missiles into literally every country that is surrounding you,
• 4:00
  Speaker 1: withstanding they whether or not they have some sort of
• 4:02
  Speaker 1: neutrality relative to the Iran and the Iranian actions. Maybe
• 4:06
  Speaker 1: they don't like you, But in the final analysis, striking
• 4:09
  Speaker 1: your neighbors probably a bad idea, and that's what it's
• 4:11
  Speaker 1: turned out to be. This is not the reaction the
• 4:13
  Speaker 1: Iranian regime was expecting. They responded by striking at least
• 4:17
  Speaker 1: nine countries around the Middle East. The apparent calculation, at
• 4:22
  Speaker 1: least into the analysis by the Wall Street Journal Tehrlan
• 4:25
  Speaker 1: targeting all these monarchies, these rich neighborhoods, the well oil
• 4:30
  Speaker 1: producing neighbors, Tehran could force Washington Israel into rapid de escalations.
• 4:37
  Speaker 1: What would happen if all the countries that god bombed
• 4:40
  Speaker 1: by Iran actually responded the way Iran expected, which is
• 4:43
  Speaker 1: to criticize the United States of America. And there was
• 4:45
  Speaker 1: a moment in time where they seemed to be going
• 4:47
  Speaker 1: in that direction, but no, when Iran started launching missiles
• 4:50
  Speaker 1: into their countries, they all stood up and said whoa
• 4:54
  Speaker 1: and criticized the Iranians for their response. Bad idea thought
• 5:00
  Speaker 1: by squeezing the oil shipments of the Strait of Horn Moves,
• 5:02
  Speaker 1: and that will be a problem for all of us folks.
• 5:06
  Speaker 1: They're expecting oil to go between nineteen and one hundred
• 5:08
  Speaker 1: dollars a barrel. Welcome to inflation, re entering the situation.
• 5:12
  Speaker 1: Eighty or twenty percent of the world's global oil consumption
• 5:15
  Speaker 1: goes right through that tiny little strip, the Strait of
• 5:18
  Speaker 1: Horn Moves. And there's already activity in the Strait of
• 5:22
  Speaker 1: Horn Moves from the Iranians. They're interfering with communications, there's
• 5:25
  Speaker 1: spent some strikes on some ships. So anyway, they expected
• 5:28
  Speaker 1: it would cause what they described as unbearable pain to
• 5:31
  Speaker 1: the golf nations that depend on well a lot of things.
• 5:33
  Speaker 1: The oil, but also tourism was brought up multiple times.
• 5:36
  Speaker 1: And I didn't realize that the Middle East was such
• 5:38
  Speaker 1: a hotbed for tourism, but you know, Saudi Arabia is
• 5:41
  Speaker 1: really going all you know, brand new and modern, and
• 5:44
  Speaker 1: it's it's a magnet for people from all over, primarily Europe,
• 5:48
  Speaker 1: I suppose. But anyway, yes, it would impact tourism. And
• 5:53
  Speaker 1: it's agreed that the calculus seem to have backfired. Golf
• 5:56
  Speaker 1: states because they're their hotels, airports and other non military
• 6:04
  Speaker 1: infrastructure has been hit by the Iranians. They have decided
• 6:07
  Speaker 1: that well, the Iranians have to be targeted. Let's see
• 6:10
  Speaker 1: if we can change the administration in Iran and give
• 6:13
  Speaker 1: us some sense of peace. These people, I think the
• 6:15
  Speaker 1: Arab nations have finally realized, are batcrap insane. According to
• 6:25
  Speaker 1: Anwar Gargash, the diplomatic advisor to the United Arab Emirates President,
• 6:30
  Speaker 1: he said, Iran is coming to the countries and the
• 6:33
  Speaker 1: people of the Golf and saying, you know what, I'm
• 6:35
  Speaker 1: actually your number one threat. This has long term implications
• 6:41
  Speaker 1: regardless of whoever is actually empowering in Iran. Targeting Golf
• 6:45
  Speaker 1: states is completely irrational and very short sighted. I have
• 6:48
  Speaker 1: to agree with that Iran hit all six of the
• 6:51
  Speaker 1: oil rich Golf Arab States, Oman, which had been mediating
• 6:56
  Speaker 1: the talks between US and the Iranians, Jordan, Iraq, Israel
• 7:03
  Speaker 1: and just there. For a moment in time, the Gulf
• 7:05
  Speaker 1: states publicly opposed the whole assault on Iran, but then well,
• 7:12
  Speaker 1: the mood changed once the run of Iranian responds targeted
• 7:16
  Speaker 1: the cities such as Dubai and Abo Dhabi and the
• 7:19
  Speaker 1: United Arab Emirates Doha and Cutter Madamon, bah Rain, inflicting
• 7:23
  Speaker 1: widespread damage to infrastructure and oh civilian casualties. Apparently, the
• 7:29
  Speaker 1: Iranians killed three people and injured fifty eight, and the
• 7:34
  Speaker 1: Outed Arab Emirates they fired one hundred and sixty five
• 7:36
  Speaker 1: missiles five hundred and forty one drones, the vast majority
• 7:39
  Speaker 1: of which were intercepted. Now there's an issue that we
• 7:42
  Speaker 1: have ourselves. We all know. It's been widely reported the
• 7:45
  Speaker 1: Iranians have you know, two thousand in immediate range missiles
• 7:49
  Speaker 1: or long range missiles or short range missiles. So we
• 7:50
  Speaker 1: have a finite they have a finite amount of missiles
• 7:52
  Speaker 1: and weapons, and it's widely reported that. So are we
• 7:56
  Speaker 1: Multiple projections about the United States potentially running out of supplies.
• 8:01
  Speaker 1: We can't manufacture them as quickly enough as the world
• 8:05
  Speaker 1: is demanding them. Remember, the demands from Ukraine never haven't
• 8:09
  Speaker 1: gone away. They still expect weapons from us. We've got
• 8:14
  Speaker 1: the idea of protecting all the military bases in the
• 8:16
  Speaker 1: Middle Ease, and we have you know, front loaded a
• 8:18
  Speaker 1: lot of the defensive hardware we needed. That was the
• 8:20
  Speaker 1: build up to this particular moment in time that makes
• 8:22
  Speaker 1: perfect sense. You've taken them from other bases and put
• 8:26
  Speaker 1: them in the Middle East. What are the other bases
• 8:28
  Speaker 1: do by way of defense when you have only the
• 8:30
  Speaker 1: ability to like manufacture five hundred and six hundred FAD
• 8:33
  Speaker 1: missile systems annually and they say, we could probably blow
• 8:37
  Speaker 1: through those in a matter of weeks if this gets sustained.
• 8:39
  Speaker 1: So there's all these different problems with problems that are
• 8:42
  Speaker 1: shared by the Iranians. How long can they continue to
• 8:45
  Speaker 1: launch missiles? Seemingly Willy Nilly and Saudi Arabian United Air
• 8:54
  Speaker 1: Emirates apparently we're in a bit of a diplomatic quarrel.
• 8:57
  Speaker 1: They put their anger down toward each other, showing a
• 9:01
  Speaker 1: unit of French against the unit of Front against the Iranians.
• 9:03
  Speaker 1: Now development Europe. What do you think they're saying in Europe?
• 9:11
  Speaker 1: The initial problem or initial apprehension of the attack in
• 9:14
  Speaker 1: Iran now well tacit approval, say, especially after some of
• 9:19
  Speaker 1: the Iranian missiles on Sunday intercepted on their way to Cyprus,
• 9:22
  Speaker 1: which happens to be a member state of the European Union.
• 9:25
  Speaker 1: Kind of a comparable reaction. Arab states if they weren't
• 9:28
  Speaker 1: touch if they weren't bombed, they might be more critical
• 9:30
  Speaker 1: of the United States and Israel. But you start launching
• 9:33
  Speaker 1: web or launching missiles into their particular countries, that's when
• 9:37
  Speaker 1: they step up and say no, the Iranians need to
• 9:39
  Speaker 1: be blamed for this. The Iranians are the ones that
• 9:41
  Speaker 1: are at fault, not criticizing the United States. So there
• 9:44
  Speaker 1: are European neighbors, including Germany, France, and UK. Of course
• 9:48
  Speaker 1: they didn't participate in the strikes on Iran over the weekend,
• 9:51
  Speaker 1: but according to reports, they quote will take steps to
• 9:57
  Speaker 1: defend their interest and those of their allies in the region,
• 9:59
  Speaker 1: but potentially through enabling necessary and proportionate defensive action to
• 10:03
  Speaker 1: destroy Iran's capability to fire missiles and drones at their source.
• 10:09
  Speaker 1: That is not a reaction I actually expected from Germany,
• 10:11
  Speaker 1: France and UK. I figured they'd be all, oh my god,
• 10:13
  Speaker 1: oh my god, we're all going to die in the
• 10:15
  Speaker 1: United States, you shouldn't have done this. Nope, they're kind
• 10:18
  Speaker 1: of acting the same way. The various area of Arab
• 10:20
  Speaker 1: countries are well. Now becomes a question how long does
• 10:30
  Speaker 1: it go? Will the Iranian people step up and assert
• 10:36
  Speaker 1: their control over the country and maybe sending it a
• 10:38
  Speaker 1: different and hopefully better direction. Now, you got to remember
• 10:42
  Speaker 1: the army, the Revolutionary Guard, and the folks that are
• 10:46
  Speaker 1: loyal to the formerly living Ayatola are still there, and
• 10:50
  Speaker 1: presumably they are still loyal along those lines to their
• 10:54
  Speaker 1: fundamentalist theocracy. They are still in a position and I
• 10:58
  Speaker 1: don't know how watered down it may be at this
• 11:00
  Speaker 1: point to go after their own people as they have been,
• 11:02
  Speaker 1: which is one of the predicates for Donald Trump wage
• 11:04
  Speaker 1: and war on the Irridians, slaughtering their own people. There's
• 11:09
  Speaker 1: a big swirling question marks going on in a multitude
• 11:12
  Speaker 1: of areas, including, yeah, what's the price of oil going
• 11:15
  Speaker 1: to be? And how much might the globe be impacted
• 11:18
  Speaker 1: by that? And maybe even China comes into discussion when
• 11:21
  Speaker 1: we're talking about that. Five fifteen right now or five
• 11:23
  Speaker 1: seventeen right now. If you FI have kcit DE talk station,
• 11:25
  Speaker 1: feel free to give me a call, love to hear
• 11:28
  Speaker 1: your opinions and thoughts on the matter of five one, three, seven, four, nine,
• 11:31
  Speaker 1: fifty five, eight hundred and eighty two to three talk
• 11:33
  Speaker 1: or pound five fifty on AT and T phones.
• 11:35
  Speaker 2: Houses, abandoned houses, condemned.
• 11:37
  Speaker 1: It's listener launch this Wednesday.
• 11:39
  Speaker 3: We're going to be at the Works.
• 11:41
  Speaker 1: In downtown leveland I hope you can join there. It's
• 11:44
  Speaker 1: right next to the leveland bike trails. That big parking
• 11:46
  Speaker 1: lot that's behind tanoh or roughly, that's where you'll park,
• 11:53
  Speaker 1: and you'll see the works right there from the parking lot.
• 11:55
  Speaker 1: It's sort of behind that strip along the main drag
• 11:58
  Speaker 1: in downtown leveland so the works good spot, been there
• 12:01
  Speaker 1: many times over the years. So I hope to see
• 12:03
  Speaker 1: you there about eleven thirty. You can show up when
• 12:05
  Speaker 1: you want. And Joe's happy to tell me that in
• 12:08
  Speaker 1: connection with this winter weather advisory, he said, this is
• 12:14
  Speaker 1: about a half hour ago Fox nineteen And no criticism
• 12:16
  Speaker 1: of Fox nineteen. They have they're out tracking the winter
• 12:21
  Speaker 1: road conditions in spite of the fact there's nothing on
• 12:23
  Speaker 1: the snow yet or on the road yet by way
• 12:25
  Speaker 1: of snow. Anyway, be careful out there. And you know,
• 12:28
  Speaker 1: I got to mention, since we have already lost some
• 12:30
  Speaker 1: members of our American military in this conflict, please, you know, thoughts, prayers, love,
• 12:35
  Speaker 1: and let us hope that this conflict does not last
• 12:38
  Speaker 1: a long time and we do not struggle with lots
• 12:41
  Speaker 1: of military casualties, but we will be struggling, presumably with
• 12:45
  Speaker 1: the price of oil increasing. And they talk about the
• 12:48
  Speaker 1: Straight of Horror moves, and if Iran were to effectively
• 12:50
  Speaker 1: shut it down, oil prices will in fact skyrocket and
• 12:54
  Speaker 1: there will be global instability as a consequence. There's already
• 12:58
  Speaker 1: been some three vessels reportedly hit least since March first,
• 13:02
  Speaker 1: in the Strait of Hormones, and they're engaging in what
• 13:05
  Speaker 1: they call heavy GPS spoofing, which something screams Chinese technology
• 13:12
  Speaker 1: on this but anyway, vessels tracking signals make the vessel
• 13:16
  Speaker 1: appear as if the vessel is floating on land, which
• 13:21
  Speaker 1: is complicating navigation. They say it even without a formal
• 13:24
  Speaker 1: military blockade, like the Iranians out there, you know, mining
• 13:27
  Speaker 1: the Strait of Horn Moves, the tanker traffic has effectively
• 13:30
  Speaker 1: been shut down because they don't know where the hell
• 13:32
  Speaker 1: they're going without the GPS system. International Association of Independent
• 13:36
  Speaker 1: Tanker Owners report of the US Navy warned it could
• 13:39
  Speaker 1: not guarantee safe navigation even in the broader Golf Regent,
• 13:43
  Speaker 1: let alone the Strait of Hormones narrowest point twenty one
• 13:46
  Speaker 1: miles wide, and apparently the shipping lanes only offer about
• 13:50
  Speaker 1: two miles across in each direction. See this real narrow
• 13:54
  Speaker 1: strip that all these vessels have to go through. And notably,
• 13:57
  Speaker 1: twenty percent of the global oil consumption and in close
• 14:01
  Speaker 1: to one quarter of global seaborne oil trade going right
• 14:05
  Speaker 1: through that tiny little strip five hundred billion dollars worth annually.
• 14:11
  Speaker 1: Loqualified National gra gas also goes there. One fifth of
• 14:15
  Speaker 1: the global LNG trade, largely from Cotter right there through
• 14:18
  Speaker 1: the Strait, say, approximately eighty four percent of crude and
• 14:23
  Speaker 1: condensate shipments and eighty three percent of LNG cargoes destined
• 14:26
  Speaker 1: for where is that oil going to? And the LNG Asia,
• 14:31
  Speaker 1: with China, India, Japan, and South Korea accounting for the
• 14:34
  Speaker 1: bulk of it. And when I see China in there,
• 14:36
  Speaker 1: it makes me kind of wonder. Haven't heard a whole lot.
• 14:38
  Speaker 1: I know they express words of condemnation of the United States,
• 14:40
  Speaker 1: but not real saber radley or you know, sounding overtly
• 14:45
  Speaker 1: angry about the whole thing. But they're going to struggle
• 14:48
  Speaker 1: if they don't get their oil from the you know
• 14:50
  Speaker 1: that has to go through the Straits. There are a
• 14:54
  Speaker 1: few viable alternative Saudi Arabia and United Arab Emirates of
• 14:57
  Speaker 1: limited pipeline capacity bypassing the strait, but they say some
• 15:03
  Speaker 1: of that could off set a full closure of the Strait.
• 15:08
  Speaker 1: UBS analysts suggests the material interruption could push Brent krube
• 15:11
  Speaker 1: above one hundred and twenty bucks a barrel. Market's currently
• 15:16
  Speaker 1: trading this morning. I think north is seventy five and
• 15:18
  Speaker 1: maybe even eighty bucks, way off of what it was
• 15:21
  Speaker 1: not that long ago. I think it was fifty seven
• 15:23
  Speaker 1: dollars a barrel not too long ago. Prediction markets currently
• 15:29
  Speaker 1: sign a high probability of US crewed moving above seventy
• 15:33
  Speaker 1: three in the near term. Barclays even said one hundred
• 15:36
  Speaker 1: dollars Brent scenario is likely if the disruption appears sustained.
• 15:41
  Speaker 1: They say even a partial interference of this massive flow
• 15:46
  Speaker 1: through the Strait of horror moves could produce a twenty
• 15:48
  Speaker 1: percent spike within days. So look at your market futures
• 15:52
  Speaker 1: this morning, notably crude, and you will see that it
• 15:55
  Speaker 1: is going up. That has a massive inflation area reality
• 16:01
  Speaker 1: to it. Oh, you think the Keystone pipeline would help
• 16:05
  Speaker 1: us out in this joe, if only we would have
• 16:08
  Speaker 1: built that. When the what the nineteen different times they
• 16:10
  Speaker 1: said we were going to move forward with it and
• 16:12
  Speaker 1: the nineteen different times it got shut down. Yeah, I
• 16:14
  Speaker 1: know five twenty five right now. If you have k
• 16:16
  Speaker 1: see de talk station Gate of Heaven Cemetery. Awesome. You know,
• 16:19
  Speaker 1: they're wonderful people at Gate of Heaven. It's Catholic. Seventh.
• 16:22
  Speaker 1: They're talking to Strekker over the break there taking producer
• 16:24
  Speaker 1: Internet research guru, our great guy, Jess Tracker. Also a
• 16:27
  Speaker 1: bit of a comedy talking about the comedian. The price
• 16:31
  Speaker 1: of oil going to go up because the Straight of
• 16:32
  Speaker 1: Horror Moves is effectively shut down. Yes, it will have
• 16:34
  Speaker 1: a serious ripple effect, and hopefully we can get that
• 16:37
  Speaker 1: back online very very quickly. Imagine if we had taken
• 16:41
  Speaker 1: over ven as well and tapped into the world's largest
• 16:44
  Speaker 1: supply of oil. Oh, there's an idea. Oh Joe, do
• 16:47
  Speaker 1: you think that was planned bring ven as well as
• 16:52
  Speaker 1: oil online in advance of the Straight of Horror Moves
• 16:55
  Speaker 1: shutting down? Huh prescient? Is that part of the quad
• 17:00
  Speaker 1: combined strategy? Just food for thought? I don't know. Oh,
• 17:05
  Speaker 1: Maureen is rubbing off on you, Joe. Marine's out there somewhere, Maureen.
• 17:09
  Speaker 1: You know, I love you. I think she's a terrific lady.
• 17:11
  Speaker 1: I just have to observe it. I said this to
• 17:13
  Speaker 1: Job coming in. I said, do you think we launched
• 17:15
  Speaker 1: a war against Irun and engaging this with Israel for
• 17:18
  Speaker 1: the purpose of distracting the American public from the Epstein files,
• 17:21
  Speaker 1: which seems to have gone by the wayside a little bit. Tom,
• 17:23
  Speaker 1: Welcome to the Morning Show. Happy Monday to you.
• 17:27
  Speaker 4: Oh there's all kinds of theories out there, isn't there.
• 17:29
  Speaker 1: Yeah, well, well, bloke Clinton bombed an aspirin factory to
• 17:32
  Speaker 1: get away from the Monica Lewinsky scandal, way way way
• 17:35
  Speaker 1: back in the day. If you recall that one. I'm
• 17:36
  Speaker 1: just throwing it out there as a possibility. I'm not
• 17:38
  Speaker 1: I'm not wed to that idea.
• 17:40
  Speaker 4: Nobody remembers the Ashpurgh factory, but I'm thinking most people
• 17:44
  Speaker 4: remember that Monica Lewinsky checks out exactly. That didn't work
• 17:48
  Speaker 4: out too well for him, did it.
• 17:50
  Speaker 1: No, it didn't.
• 17:52
  Speaker 4: Well, we got snow out here, many, I'm driving through it.
• 17:56
  Speaker 4: There's a couple of inches on the ground.
• 17:57
  Speaker 5: Oh really, going nice and slow?
• 17:59
  Speaker 4: Oh yeah, yeah, big fluffy flakes of snow. And it's
• 18:03
  Speaker 4: not shutting anything down yet. But I don't I don't know.
• 18:06
  Speaker 4: I didn't pay enough sens and did the weather to
• 18:07
  Speaker 4: see how long this is gonna last.
• 18:09
  Speaker 1: But can I ask you, is it sticking to the
• 18:11
  Speaker 1: pavement the road?
• 18:12
  Speaker 4: Oh yeah, okay, yeah, yeah. I'm on sixty five north
• 18:16
  Speaker 4: coming out of Indy, heading up toward the job and
• 18:19
  Speaker 4: like you're head in door Chicago and uh yeah, it's
• 18:22
  Speaker 4: it's on the grant. You can't see the road, Okay,
• 18:25
  Speaker 4: So yeah, we're all going slow. I'm looking down. It's
• 18:27
  Speaker 4: a thirty thirty five something like that.
• 18:29
  Speaker 1: You be careful out there, Tom, and you know, don't
• 18:32
  Speaker 1: operate your cell phone while you're driving an automobile.
• 18:35
  Speaker 4: I would never I would never do such a thing. Yeah,
• 18:38
  Speaker 4: far be it from me, so uh uh yeah. Consequences
• 18:44
  Speaker 4: uh the last Yeah, yesterday evening, I'm driving out to
• 18:47
  Speaker 4: Indy from Cincinnati and I've listening to uh Mike Allen Jr.
• 18:51
  Speaker 4: And that that was a big topic of conversation. Consequences,
• 18:54
  Speaker 4: this thing with Iran's there's gotta be consequences for for
• 18:58
  Speaker 4: for behavior, bad behavior, there has to be as if
• 19:01
  Speaker 4: there's no consequences and the bad behavior gets worse, you
• 19:04
  Speaker 4: know that all the way from a from a two
• 19:07
  Speaker 4: year old testing your resolve. You've had kids, you know,
• 19:10
  Speaker 4: they look at you and they're like, are you I'm
• 19:12
  Speaker 4: reaching out for this thing that you're telling me? No,
• 19:15
  Speaker 4: are you really going to stop me?
• 19:17
  Speaker 5: That?
• 19:17
  Speaker 4: You know that's I mean, little children form that kind
• 19:20
  Speaker 4: of mentality at a very young age. I want to
• 19:24
  Speaker 4: do this? Are you? They dare you to stop them?
• 19:26
  Speaker 4: And it goes all the way. The same mentality carries
• 19:29
  Speaker 4: all the way to supreme leaders all. You know, just
• 19:33
  Speaker 4: we all do it. We all have it in us,
• 19:35
  Speaker 4: you know, every one of us. You know, like I
• 19:38
  Speaker 4: was telling Mike, I'm driving out here yesterday, I'm looking
• 19:41
  Speaker 4: at where can I get away with the bumping the
• 19:43
  Speaker 4: speed up a little bit and getting out here a
• 19:45
  Speaker 4: little faster. We all have it in It's just a
• 19:47
  Speaker 4: matter of, well, how much common sense do we have
• 19:51
  Speaker 4: to stop when it's getting too close to the edge?
• 19:54
  Speaker 4: You know, how much how much common sense do we
• 19:57
  Speaker 4: have when we don't want to feel the pain that
• 20:00
  Speaker 4: consequence And if there's no consequences, Politicians in Cincinnati who
• 20:06
  Speaker 4: are gonna feel sorry for the criminals, there's no consequences,
• 20:10
  Speaker 4: So therefore, we're just gonna keep doing it. You gotta
• 20:13
  Speaker 4: stop people from their bad behavior. You have to let
• 20:16
  Speaker 4: them know if you do that, it's going to hurt.
• 20:18
  Speaker 4: I'm going to do something about it. And if you don't,
• 20:22
  Speaker 4: don't be surprised when they keep doing it.
• 20:24
  Speaker 5: So you know what's gonna happen.
• 20:27
  Speaker 1: The one thing that this really has refreshed our collective
• 20:31
  Speaker 1: recollection or brought it up for the first time, the
• 20:33
  Speaker 1: people who are not aware of the long standing Iranian
• 20:37
  Speaker 1: efforts to well destabilize us, hit our target, do whatever,
• 20:40
  Speaker 1: waging the war through proxies and terrorism whatever. I mean
• 20:43
  Speaker 1: to talk to anybody who lives in Israel about the
• 20:45
  Speaker 1: longer sentding problems they had. I mean, remember the USS
• 20:47
  Speaker 1: cold got blown up. All this was the Iranians were behind.
• 20:50
  Speaker 1: So when people are talking about whether or not Donald
• 20:52
  Speaker 1: Trump had the authority to do this, we have to
• 20:54
  Speaker 1: talk about the War Powers Act, we have to talk
• 20:56
  Speaker 1: about the Constitution. But there has been a lot of
• 21:00
  Speaker 1: reporting on this long history that you are talking about. Tom.
• 21:04
  Speaker 1: Let's go back and you start rattling off all the
• 21:07
  Speaker 1: different things the Iranians have done by way of you know,
• 21:09
  Speaker 1: destroying American lives, American property and other regional partners in
• 21:14
  Speaker 1: the area, launching missile attacks and other acts of well,
• 21:18
  Speaker 1: some may argue war, but just being a general nuisance,
• 21:20
  Speaker 1: thorn in the side and inflicting a lot of pain
• 21:24
  Speaker 1: as the consequence of it. Yeah, when you read it
• 21:26
  Speaker 1: all back to back to back, it invites that exact question,
• 21:29
  Speaker 1: where in the hell have all the prior presidents been
• 21:31
  Speaker 1: in connection with dealing with the ir audience?
• 21:34
  Speaker 4: There you go, So there you go, and not just them,
• 21:37
  Speaker 4: but the other political leaders in this country who bemoan
• 21:41
  Speaker 4: any kind of consequences towards our our citizens that need it,
• 21:47
  Speaker 4: you know, towards our other nations out there just got
• 21:51
  Speaker 4: there's gotta be consequences. So for those politicians, they have
• 21:54
  Speaker 4: to have consequences as well. We got to get them
• 21:57
  Speaker 4: out of there, get rid of them so that we
• 21:59
  Speaker 4: got leaders in there with a backbone and understand common sense.
• 22:04
  Speaker 4: So therefore, don't vote Democrat, have a great game ran.
• 22:07
  Speaker 1: Be careful out there. Tom. I'm glad you're following the
• 22:10
  Speaker 1: law and not communicating on his cell phone while driving
• 22:12
  Speaker 1: in snow.
• 22:13
  Speaker 4: Uh.
• 22:14
  Speaker 1: Let us see here, we got stack stupid Obviously in
• 22:16
  Speaker 1: today like today, I'd love to hear from you over that,
• 22:18
  Speaker 1: but you know, Stack is stupid coming up, and Christopher
• 22:20
  Speaker 1: Smithman of course, coming up at seven to twenty and
• 22:22
  Speaker 1: Dan Regnold. He's got an fifty.
• 22:24
  Speaker 3: Five KRC leap talk station.
• 22:29
  Speaker 1: It is five forty one fifty five KCV talk station.
• 22:33
  Speaker 1: Very happy Monday to you. Five one three seven fifty
• 22:36
  Speaker 1: eight hundred and eight two three talk. Yeah, if you're
• 22:39
  Speaker 1: thinking about a career in law enforcement, there's a lot
• 22:41
  Speaker 1: of opportunities available for you. But I will tell you
• 22:43
  Speaker 1: up up front. You may even know this. You have
• 22:45
  Speaker 1: to go through a polygraph. They do it. My sister
• 22:48
  Speaker 1: used to conduct polygraphs as part of her twenty five
• 22:51
  Speaker 1: plus years service to our community, and on this insane
• 22:53
  Speaker 1: police department, they did send her to polygraph training school,
• 22:58
  Speaker 1: so she's a certified polygraph whatever they call him. Some
• 23:02
  Speaker 1: interesting stories about that, kind of along the lines of
• 23:04
  Speaker 1: this one. Gregory Saxon was applying for a sheriff's deputy
• 23:09
  Speaker 1: job and he ultimately played a role in the filing
• 23:13
  Speaker 1: of a felony child porn case against a thirty five
• 23:16
  Speaker 1: year old Iowa man himself, Gregory Saxon. He recently submitted
• 23:23
  Speaker 1: to a pre employment polygraph examination in connection with his
• 23:25
  Speaker 1: bid to be hired as in his sheriff's deputy Warren
• 23:29
  Speaker 1: County Sheriff's Office. I don't know if that's our Warren
• 23:31
  Speaker 1: County or not. Anyway, At the outset of the polygraph,
• 23:34
  Speaker 1: he was asked a series of questions regarding person and
• 23:37
  Speaker 1: property crimes. Upon the completion of the test, it was
• 23:42
  Speaker 1: very apparentness in the search warrant. Upon the completion of
• 23:45
  Speaker 1: the test, it was very apparent that Greg did not pass.
• 23:49
  Speaker 1: During a discussion with the poligriphirth, there's the word, Saxon
• 23:53
  Speaker 1: thought clarification about a question he had been asked, quote,
• 23:56
  Speaker 1: is dark web and deep web the same thing they say?
• 23:59
  Speaker 1: Please say? What followed was Saxon's admission that he browsed
• 24:02
  Speaker 1: pornography on the dark web. After initially claiming it was
• 24:06
  Speaker 1: all normal stuff. He reportedly said he, in his words,
• 24:11
  Speaker 1: ran into other things and did eventually search for illicit
• 24:16
  Speaker 1: images of teenagers idiots doing idiot things, because there it is.
• 24:21
  Speaker 1: And during the polygraph he estimated he did this well,
• 24:23
  Speaker 1: maybe less than ten times so based upon his admissions,
• 24:26
  Speaker 1: investigators searched his cell phones, which were found to contain
• 24:29
  Speaker 1: of course child porn. Arrested, charged with thirteen counts of
• 24:33
  Speaker 1: felony complaint possessing images depicting miners engage in sexual activity.
• 24:37
  Speaker 1: He was freed from custody after a sixty five thousand
• 24:40
  Speaker 1: dollars cash bond was posted. Interestingly enough, he'll be back
• 24:45
  Speaker 1: in court tomorrow. Oh, it does indicate he did not
• 24:48
  Speaker 1: get the job. According to the arrested report, when the
• 24:56
  Speaker 1: cops got there quote, there were pickles and pickle jews
• 24:59
  Speaker 1: scattered acros the apartment. Kathleen Bain's boyfriend and cohabitant had
• 25:07
  Speaker 1: a big bump on the top of his head. This
• 25:08
  Speaker 1: where she had allegedly hit him over the head of
• 25:11
  Speaker 1: the glass jar of pickles, please say. Thirty two year
• 25:14
  Speaker 1: old Blaine and the thirty four year old victim argued
• 25:16
  Speaker 1: Monday morning about the cleanliness of their clear Water Water,
• 25:19
  Speaker 1: Florida apartment. As this tradition, there's the answer to the
• 25:24
  Speaker 1: question or to solve the problem. There Joe Blaine and
• 25:27
  Speaker 1: the man of apparently data for six years and do
• 25:29
  Speaker 1: have a two year old girl together, and after being
• 25:31
  Speaker 1: accused of making the mess, Blaine reportedly got agitated, grabbed
• 25:35
  Speaker 1: the glass jar of pickles which she was eating. This
• 25:38
  Speaker 1: was ten o'clock in the morning. They note, hey, whatever
• 25:42
  Speaker 1: hit the victim in the head with the jar and
• 25:44
  Speaker 1: that resulted in the pickle, juice and pickles all over
• 25:46
  Speaker 1: the floor that cops observed. Blaine didn't speak with the police.
• 25:49
  Speaker 1: She was arrested for aggravated assault the deadly weapon, which
• 25:52
  Speaker 1: is a felony, booked into the county jail. I'm kind
• 25:56
  Speaker 1: of surprised that anybody would characterize the jar of pickles
• 25:59
  Speaker 1: as a deadly weapon. Death by pickle, right job, you know,
• 26:03
  Speaker 1: there's no flag for We need a law in the books. Yeah,
• 26:09
  Speaker 1: we need to get rid of pickles because they can
• 26:11
  Speaker 1: be used as a deadly weapon. Knee jerk reaction from
• 26:14
  Speaker 1: the left. Anyway. Release from the custody on her own recognizance.
• 26:18
  Speaker 1: The judge ordered her to have a cop of course,
• 26:20
  Speaker 1: no contact with the victim. She was given a one
• 26:22
  Speaker 1: time visit to the home she shared with this guy
• 26:25
  Speaker 1: so she could retrieve her personal belongings, which, of course,
• 26:29
  Speaker 1: the smoking gun reporting on this suggested perhaps would include
• 26:33
  Speaker 1: the empty jar of pickles on the floor. Five forty
• 26:35
  Speaker 1: five two five care see the talk station. Isn't that
• 26:39
  Speaker 1: just sound advice. It must be more difficult to do
• 26:42
  Speaker 1: that because five point fifty if any five kre see
• 26:46
  Speaker 1: THEE talk station Ryan Thomas right here, sit in front
• 26:49
  Speaker 1: of the stack of stupid, but can still feel free
• 26:51
  Speaker 1: to call always five one three, seven four nine fifty
• 26:54
  Speaker 1: D eight hundred eight two three talk nine to five
• 26:55
  Speaker 1: fifty on AT and T phones and real quick shout
• 26:58
  Speaker 1: out and thanks to everybody made to the Cure Start Now.
• 27:00
  Speaker 1: Gala was on Saturday night, had a wonderful time, and
• 27:03
  Speaker 1: they put together a lot of money to help get
• 27:06
  Speaker 1: toward that home run cure carrying all cancers and maybe
• 27:09
  Speaker 1: that reach RESEARCHI bear fruit. I know they made great
• 27:12
  Speaker 1: strides and inroads into dealing with pediatric brain cancer over
• 27:15
  Speaker 1: the upcoming twenty years. Next year is the twentieth anniversary
• 27:18
  Speaker 1: for the Cure Starts Now. And it's been a real
• 27:20
  Speaker 1: honor to just help them out a little bit along
• 27:23
  Speaker 1: the way. So I kind of adopted them, whether they
• 27:25
  Speaker 1: wanted me or not so many years ago. But a
• 27:28
  Speaker 1: salute to Keith and Brooke Desrich, and thanks to all
• 27:31
  Speaker 1: those struggling with cancer for their efforts, and thanks to
• 27:34
  Speaker 1: those who participated in the well who bought bourbon tickets
• 27:37
  Speaker 1: for example, and everything else. Back over to the stack
• 27:39
  Speaker 1: and stupid. We have an ex con back in trouble
• 27:41
  Speaker 1: with police after he hit a McDonald's drive through worker
• 27:45
  Speaker 1: in the face with what the police support describes as
• 27:49
  Speaker 1: a frozen coffee beverage h Daniel Abramowitz, twenty nine years
• 27:55
  Speaker 1: old class if it's the the frappe that he threw
• 27:59
  Speaker 1: at the McDonald's drive through worker. Now it's classified as
• 28:02
  Speaker 1: a felony because his rap sheet includes a prior domestic
• 28:05
  Speaker 1: battery conviction for punching his girlfriend and mom of his
• 28:09
  Speaker 1: child in the face.
• 28:11
  Speaker 6: Idiots doing idiot things because they're idiots.
• 28:14
  Speaker 1: Police arrested them in connection with the January thirty first
• 28:16
  Speaker 1: incident at McDonald's in Seminole, Florida. Vescue's alleged that Abramowitz
• 28:22
  Speaker 1: was behind the wheel of a vehicle in the drive
• 28:23
  Speaker 1: through one o'clock in the morning when he engaged in
• 28:26
  Speaker 1: what they called a brief discussion with a fast food
• 28:28
  Speaker 1: worker and then through the blended frozen coffee beverage at
• 28:32
  Speaker 1: the victim drink, hit the twenty eight year old victim
• 28:35
  Speaker 1: in the face, causing the beverage container to break open.
• 28:38
  Speaker 1: Them impact contents landed on the victim's facial region, hair
• 28:41
  Speaker 1: and jacket. That's in the report. Facial region. That's, of course,
• 28:47
  Speaker 1: how a cop would describe face right cord to police.
• 28:52
  Speaker 1: The battery was recorded by surveillance camera, shocking no one.
• 28:55
  Speaker 1: The victim identified as Abramowitz as the assailant. In addition
• 28:59
  Speaker 1: to battery count, he's been charged with violating the terms
• 29:01
  Speaker 1: of a three year probation following his twenty twenty three
• 29:05
  Speaker 1: felony conviction for stealing and pawning a watch. Guy's got
• 29:08
  Speaker 1: multiple items on his rap sheet. Criminal history includes other
• 29:12
  Speaker 1: convictions four obstruction, probation violation, and burglary, and he has
• 29:16
  Speaker 1: served separate three and six month sentences in a county jail.
• 29:20
  Speaker 1: No Angel heat go to Atlanta, Georgia. One's been charged
• 29:25
  Speaker 1: of connection with the death of a woman found dismember
• 29:28
  Speaker 1: This one back in two thousand and seven, Angel Are
• 29:30
  Speaker 1: You Angel Thompson had died on more than eighty counts
• 29:35
  Speaker 1: by the Fulton County Grand Jury, including malice, murder, felony murder,
• 29:39
  Speaker 1: aggravated assault, concealing a death, and dozens of accounts related
• 29:42
  Speaker 1: to fraud and identity theft. She's been accused of killing
• 29:45
  Speaker 1: a twenty four year old Nicole Alston. Her body was
• 29:50
  Speaker 1: found the intersection inside of a burning black bag. Her head, hands,
• 29:54
  Speaker 1: and feet were missing, and she was not identified until
• 29:56
  Speaker 1: twenty twenty four. Again, this happened in two thousand and seven.
• 30:00
  Speaker 1: Geter said in August that they determined that after Alston's
• 30:03
  Speaker 1: remains were found, Thompson began identifying herself as the victim.
• 30:11
  Speaker 1: She said for eight years she collected Social Security benefits
• 30:14
  Speaker 1: as the victim, and as well took food stamps and
• 30:17
  Speaker 1: acquired Section eight housing, all in Austin's name. Estimated value
• 30:23
  Speaker 1: of the fraud two hundred thousand dollars a cording to
• 30:26
  Speaker 1: the Sheriff's office. And finally, this is rather interesting. We
• 30:31
  Speaker 1: go to Lake Worth Beach, Florida traffic stop, gaining attention
• 30:36
  Speaker 1: because of viral video. The woman was cited for using
• 30:40
  Speaker 1: a wireless communications device while driving tom No big deal
• 30:48
  Speaker 1: that one. It's like one hundred and sixteen dollars civil penalty,
• 30:50
  Speaker 1: but the it sparked a debate and as soon to
• 30:53
  Speaker 1: be a lawsuit over this about how the driving distracted
• 30:57
  Speaker 1: driving laws enforced the citation? Is she by the palm
• 30:59
  Speaker 1: beach kind of. SHARE's office said that she was driving
• 31:02
  Speaker 1: on North Dixie Highway about eight o'clock in the morning
• 31:05
  Speaker 1: using a handheld device while driving, which is in violation
• 31:09
  Speaker 1: of a Florida statue. TikTok video which has gone viral.
• 31:11
  Speaker 1: As I mentioned, the driver recorded the stop and questioned
• 31:15
  Speaker 1: the deputy's observation. Citation specifically indicates the deputy observed the
• 31:20
  Speaker 1: handheld device while she was traveling northbound on the highway,
• 31:25
  Speaker 1: which says in the citation the device was in her
• 31:29
  Speaker 1: right hand. Fine, she doesn't have one, Yeah, that's why
• 31:39
  Speaker 1: she's challenging it in the citation. In court it was
• 31:42
  Speaker 1: you know, it's facially defective. One can make that argument.
• 31:44
  Speaker 1: Now the police are saying it doesn't matter which hand
• 31:46
  Speaker 1: she was driving around using the device, but specifically you
• 31:49
  Speaker 1: actually have to be typing into the device, and I
• 31:51
  Speaker 1: suppose with only one hand. Maybe she's going to argue
• 31:54
  Speaker 1: that she was not. If driver can tests the ticket,
• 31:56
  Speaker 1: it goes for a traffic magistrate or court. She has
• 31:58
  Speaker 1: lawyered up, it's requested a hearing day and plans to
• 32:02
  Speaker 1: fight the citation in court. Rather interesting turn of events there.
• 32:07
  Speaker 1: He doesn't have a right hand five fifty six to
• 32:11
  Speaker 1: fifty five KR City Talk Station. Feel free to call me.
• 32:13
  Speaker 1: We got a lot going on in the six o'clock
• 32:14
  Speaker 1: hour and so, including some you know, constitutional analysis on
• 32:18
  Speaker 1: the launching of the strikes against Iran, the War Powers
• 32:22
  Speaker 1: Act that's being implicated as well, and of course the
• 32:25
  Speaker 1: history of Iran's activities against us. Is the strike justified
• 32:28
  Speaker 1: and lawful? That was going to be a vote descent
• 32:31
  Speaker 1: station at six oh six here fifty five car City
• 32:36
  Speaker 1: Talk Station, Brian townas pushing every one very happy Monday,
• 32:39
  Speaker 1: just Jrecker as Worrey belongs and the executive producer Booth
• 32:41
  Speaker 1: and I still have a phone number you can call.
• 32:43
  Speaker 1: I got CJ on the line to talk five one three, seven,
• 32:45
  Speaker 1: four nine fifty eight hight two to three talk pound
• 32:47
  Speaker 1: five fifty on AT and T phones. I know we
• 32:49
  Speaker 1: have the war to talk about, lots of issues regarding that,
• 32:52
  Speaker 1: but don't What were you doing on the DJ Fresh
• 32:55
  Speaker 1: celebration day in Cincinnati, Joe? Did you have a party
• 32:59
  Speaker 1: and honor that? I know I have to provol issued
• 33:00
  Speaker 1: a proclamation declaring Friday DJ Fresh Day. And you're like,
• 33:04
  Speaker 1: who in the hell is DJ Fresh? I know you
• 33:08
  Speaker 1: happen to be the one of the acts or the
• 33:10
  Speaker 1: act performing Saturday night at the Riverfront Live when gunshot erupted.
• 33:14
  Speaker 1: There were like five to six hundred people there and
• 33:16
  Speaker 1: nine people got shot. One of them is in critical condition,
• 33:20
  Speaker 1: so great. Fortunately it is not suggested it is a
• 33:24
  Speaker 1: terrorism act like it was in the deadly Austin shooting.
• 33:29
  Speaker 1: And I know that the counter terrorism experts are saying, well,
• 33:31
  Speaker 1: now that we started blowing up Aroun and we killed
• 33:33
  Speaker 1: the Ayatola and the top officials, parenthetical, don't gather together
• 33:39
  Speaker 1: with everyone in your cabinet and all of your top
• 33:42
  Speaker 1: officials in one spot when Donald Trump is president. But
• 33:46
  Speaker 1: that I guess they didn't get the memo on that one. Anyway.
• 33:50
  Speaker 1: Over in Austin, a gunman was apparently a naturalized citizen
• 33:54
  Speaker 1: and his opening fire resulted in fourteen people wounded in
• 33:59
  Speaker 1: three people dead, and the police are suggesting that maybe
• 34:02
  Speaker 1: is terrorism and FBI is involved in looking at he
• 34:04
  Speaker 1: is wearing clothing that said Allah on it and apparently
• 34:07
  Speaker 1: an undershirt that featured the Iranian flag started squeezing off rounds. Yeah,
• 34:13
  Speaker 1: they are popular, Joe, and he probably had a cheg
• 34:15
  Speaker 1: Wavara shirt underneath that one anyway, first started firing rounds
• 34:21
  Speaker 1: out of his suv with a handgun, and he got
• 34:23
  Speaker 1: out of his suv and started squeezing off rounds with
• 34:25
  Speaker 1: a rifle, and then the police well dispatched him. They
• 34:27
  Speaker 1: were there in moments of time, So salute to the police.
• 34:31
  Speaker 1: Without further deo, let's jump over to the phone. So
• 34:33
  Speaker 1: what CJ's got this morning, CJ, thanks for calling. Welcome
• 34:35
  Speaker 1: to the Morning Show.
• 34:37
  Speaker 7: Oh, good morning to you, and I hope you had
• 34:40
  Speaker 7: a RESTful but also it was full of news.
• 34:44
  Speaker 5: For you all week.
• 34:45
  Speaker 1: Oh my god. I woke up Saturday morning and I
• 34:50
  Speaker 1: was like, okay, yeah, half of me expected it when
• 34:52
  Speaker 1: I went to bed, just because of Donald getting ahead
• 34:55
  Speaker 1: of the war powers vote, which is still going to
• 34:56
  Speaker 1: go on, and I'm certain we'll be unsuccessful, giving the
• 34:59
  Speaker 1: veto power already has. But yeah, I woke up and
• 35:01
  Speaker 1: it was like my heart sunk. I mean, I don't
• 35:03
  Speaker 1: like war. I hope no one likes war. And I
• 35:06
  Speaker 1: appreciate all the arguments in favor of bombing the Iranians.
• 35:08
  Speaker 1: We've got a history in them and it's demonstrable that
• 35:11
  Speaker 1: they are evil and terrible, and I love the fact
• 35:14
  Speaker 1: that all these Arab nations are now on our side
• 35:17
  Speaker 1: because Iran, what did they do? They started bombing all
• 35:20
  Speaker 1: the Arab nations in addition to our bases. They were
• 35:22
  Speaker 1: hitting civilian targets, like what, well, the Arab nations are
• 35:27
  Speaker 1: on our side, So that was a miscalculations anyway.
• 35:32
  Speaker 7: And notice that they have not yet hit and I
• 35:35
  Speaker 7: wasn't gonna mention this. It not yet hit Turkey yet.
• 35:37
  Speaker 7: And there's a reason for that because then if they
• 35:40
  Speaker 7: hit Turkey, it does instantly create an Article five situation
• 35:47
  Speaker 7: in which all of NATO then has to come to the.
• 35:49
  Speaker 5: Defense of Turkey.
• 35:51
  Speaker 7: Yeah, and they do not want to mess with the
• 35:53
  Speaker 7: Turkish army because then they know that Turkey will send
• 35:56
  Speaker 7: ground troops in they And so the Iranians, while they
• 36:00
  Speaker 7: have been shown some lack of logic in some of
• 36:04
  Speaker 7: their attacks, they are acting logical towards Turkey and Azerbaijan,
• 36:10
  Speaker 7: which is also to the north that has a very
• 36:11
  Speaker 7: close relationship with Israel as well. So it is quite
• 36:17
  Speaker 7: interesting as to where they're attacking Muslim nations versus where
• 36:20
  Speaker 7: they're not. Saudi Arabian UAE does not have a great
• 36:24
  Speaker 7: ground force, so they don't feel threatened from that. Their
• 36:27
  Speaker 7: air forces are very good, but they're not very strong
• 36:31
  Speaker 7: with the ground forces. But what I was going to
• 36:33
  Speaker 7: call about is this on the War Powers Act. I
• 36:35
  Speaker 7: think Trump is going to be in the clear because
• 36:37
  Speaker 7: he did notify the beginning of eight and Congress, which
• 36:40
  Speaker 7: covers him there.
• 36:42
  Speaker 5: He also.
• 36:45
  Speaker 7: He also can come back to the fact that he
• 36:48
  Speaker 7: said multiple attempts on his life from the Iranian leadership himself.
• 36:54
  Speaker 7: He has also had a If you think back to
• 36:57
  Speaker 7: twenty fifteen, the Iranians.
• 37:01
  Speaker 5: Took a US naval ship.
• 37:04
  Speaker 7: And Obama rewarded them with almost fifty six billion dollars.
• 37:08
  Speaker 1: I never could figure it out and loads of money.
• 37:11
  Speaker 7: He gave them loads of money, saying, hey, this is
• 37:14
  Speaker 7: going to help the Iranian economy, And all it did
• 37:17
  Speaker 7: was helpamas Hezballah created the Lutis and all this others
• 37:22
  Speaker 7: and made that missile ballistic system crazily good, and it
• 37:26
  Speaker 7: allowed Iran to sell oil at.
• 37:28
  Speaker 5: A cheap discount to China.
• 37:30
  Speaker 7: I think in reality here this is all about China,
• 37:35
  Speaker 7: is that while we may hate war, we may hate
• 37:37
  Speaker 7: all of this, is that by doing this, it is
• 37:42
  Speaker 7: going to cripple the ability of China to get cheap
• 37:45
  Speaker 7: oil and gas in the future from.
• 37:48
  Speaker 1: Iran, because it it all comes, it all comes to
• 37:51
  Speaker 1: the straight of horror moves, right, Yeah.
• 37:55
  Speaker 7: And even the stuff that they don't get through the
• 37:57
  Speaker 7: straight of hor moods from Iran, They're not going to
• 38:00
  Speaker 7: have access to it anymore.
• 38:02
  Speaker 5: And so that oil is going to become a lot
• 38:04
  Speaker 5: more expensive to them.
• 38:05
  Speaker 7: The ability for them to attack Taiwan is going to
• 38:08
  Speaker 7: go down drastically. And another thing that this hurts is Russia.
• 38:12
  Speaker 7: Russia no longer has access to all these drones from
• 38:15
  Speaker 7: Iran any longer. And now it's going to force Putin
• 38:18
  Speaker 7: to go to the to go in and negotiate at
• 38:23
  Speaker 7: a much harder and deeper level than he has in
• 38:25
  Speaker 7: the past where he kind of plays you know, hey,
• 38:28
  Speaker 7: I want to negotiate and as we talk, seafire, let
• 38:31
  Speaker 7: me throw a bunch of drones and missiles at Ukraine.
• 38:36
  Speaker 5: It's going to stop that as well.
• 38:38
  Speaker 7: That this war with Iran, while it may, I wish
• 38:42
  Speaker 7: Trump had done more to prepare the country. I wish
• 38:44
  Speaker 7: he had gone to get the war the authorization from
• 38:47
  Speaker 7: Congress prior to it. It is going to reset the world,
• 38:54
  Speaker 7: and it does have the possibility. I don't know how
• 38:57
  Speaker 7: what my problem right now with Trump is we know
• 39:01
  Speaker 7: how to win wars, we don't know how to win.
• 39:03
  Speaker 5: The peace in the Middle East.
• 39:05
  Speaker 1: Oh that's always the question is.
• 39:08
  Speaker 7: What are we doing when the bak the war stops
• 39:13
  Speaker 7: and now you've got to bolkanize Iran that has proxies
• 39:19
  Speaker 7: in eastern Iraq.
• 39:22
  Speaker 5: I think the fascinating part of all.
• 39:23
  Speaker 7: Of this is is Pakistan attacking Afghanistan?
• 39:27
  Speaker 5: Was this coordinated with the US as well? And where
• 39:31
  Speaker 5: did that come from? About that?
• 39:33
  Speaker 7: And then all of a sudden Friday they're attacking Afghanistan.
• 39:38
  Speaker 7: It is very There's a lot of fascinating things that
• 39:42
  Speaker 7: in twenty thirty years, if I'm still alive, those books
• 39:45
  Speaker 7: are going to be fascinating to read.
• 39:47
  Speaker 1: Yes, I agree. And you know, the other thing to
• 39:49
  Speaker 1: your point, the flow of the drones previously manufactured interrupt
• 39:55
  Speaker 1: assuming previously manufactured. I suspect that was probably one of
• 39:57
  Speaker 1: the top target lists, the drone manufacturing facilities. But Russia
• 40:00
  Speaker 1: is not getting them. But then on the corollary is
• 40:03
  Speaker 1: the other side, and so far as the Russia Ukraine
• 40:04
  Speaker 1: conflict is concerned, we're using up so many of our
• 40:08
  Speaker 1: offensive and defensive weapons now bombing Iran, we need to
• 40:12
  Speaker 1: use those resources that might have gone to Ukraine or
• 40:14
  Speaker 1: literally anybody else in the world that is demanding military
• 40:17
  Speaker 1: hardware from the United States. It's all staying with us
• 40:20
  Speaker 1: or being repurposed in the Middle East, which means sounds
• 40:24
  Speaker 1: of me like Zelunsky and the Ukrainians may struggle with
• 40:26
  Speaker 1: getting military hardware and equipment to well continue to wage
• 40:29
  Speaker 1: war against Russia. That's kind of a two way street there,
• 40:31
  Speaker 1: don't you think.
• 40:32
  Speaker 5: Cj oh Absolutely, And now.
• 40:35
  Speaker 7: That you bring that head up, there was a report
• 40:37
  Speaker 7: last week that Crump was holding munitions to Taiwan. Now
• 40:41
  Speaker 7: we know why is that, we need it for Iran
• 40:45
  Speaker 7: as well, and so there's going to be that side
• 40:48
  Speaker 7: of the coin as well.
• 40:50
  Speaker 5: And I think it.
• 40:51
  Speaker 7: All comes back to both Republicans and Democrats the politics ideologically.
• 40:57
  Speaker 7: You got to think more like Thomas Soul, what are
• 41:00
  Speaker 7: the tradeoffs? And the tradeoff here is is that, yeah,
• 41:05
  Speaker 7: Trump probably should have gone to Congress. He's got ninety
• 41:07
  Speaker 7: days now to do it. He may even have a
• 41:10
  Speaker 7: constitutional argument that since Iran has been at war with
• 41:13
  Speaker 7: US for forty seven years, does he even need a
• 41:16
  Speaker 7: war powers Act because it could be you know, hey,
• 41:19
  Speaker 7: we're being defensive. We've had the War on Terror Act
• 41:22
  Speaker 7: in place in two thousand and one, which has its.
• 41:24
  Speaker 5: Own constitutional issues. I believe for something to.
• 41:27
  Speaker 7: Go on that long, he could go about a lot
• 41:30
  Speaker 7: of different legal ways around the War Powers Act that.
• 41:37
  Speaker 5: I couldn't make this constitutional.
• 41:39
  Speaker 7: As you said, I don't know if the founder has
• 41:43
  Speaker 7: ever thought of anything like this where we would have
• 41:45
  Speaker 7: an act that gives military action for almost thirty years now.
• 41:49
  Speaker 1: Now, Like many observers over the entire history of our country,
• 41:52
  Speaker 1: the framers could not have anticipated fill in the blank,
• 41:56
  Speaker 1: the telephone, the Internet, you know, drones, immediate missiles, right,
• 42:00
  Speaker 1: existential threats that can happen in a moment's time right
• 42:03
  Speaker 1: where it was a different place back then. But we
• 42:05
  Speaker 1: still have that document. But the War Powers Act is
• 42:07
  Speaker 1: a perhaps a constitutional, but many argue unconstitutional delegation of
• 42:13
  Speaker 1: the authority that vested in Congress to declare war and
• 42:16
  Speaker 1: giving it to the president, at least on an interim basis,
• 42:19
  Speaker 1: That too will be argued. Thank you, CJ. Great observations
• 42:22
  Speaker 1: from you, sir. I appreciate you calling in six to sixteen.
• 42:24
  Speaker 1: Right now, you can do it as well. I want
• 42:26
  Speaker 1: to mention Peter shbia KELWIAM seven Hills go to seven
• 42:29
  Speaker 1: zero eight three thousand dot com. That is the website
• 42:32
  Speaker 1: be talking Hey six pick about ker City talk station station.
• 42:40
  Speaker 1: It's bringing from CJ's comments. I know we're gonna get
• 42:42
  Speaker 1: into this, and I thought Jonathan Turley did a great
• 42:44
  Speaker 1: job outlining this constitutional reality we're dealing with with the
• 42:47
  Speaker 1: launch of the attacks in Iran. And he points out
• 42:49
  Speaker 1: some of already declared the strikes unconstitutional, including Representative Thomas
• 42:52
  Speaker 1: Massey and others ro Conna, for example. He points out, though,
• 42:56
  Speaker 1: and this is true, the precedent favors the president in
• 42:59
  Speaker 1: this action, though the attack does trigger obligations of notice
• 43:02
  Speaker 1: and consultation with Congress. Of course n of the War
• 43:05
  Speaker 1: Powers Act turtly rights. I'm highly sympathetic to those who
• 43:08
  Speaker 1: criticized the failure to seek declarations of war from Congress
• 43:11
  Speaker 1: before carrying out such operations. Indeed, I, Jonathan Turley have
• 43:15
  Speaker 1: represented members of Congress in opposing such wars. We lost.
• 43:20
  Speaker 1: The courts have allowed presidents and presidents to order such
• 43:23
  Speaker 1: attacks unilaterally. Of course, Article two, Section two the Constitution
• 43:28
  Speaker 1: states the President shall be commander in chief of the
• 43:30
  Speaker 1: Army and Navy of the United States and of the
• 43:32
  Speaker 1: militia of the several States. However, the Constitution already expressly
• 43:36
  Speaker 1: states that Congress has the power to declare war under
• 43:39
  Speaker 1: Article one, Section eight. Our last declared war was World
• 43:42
  Speaker 1: War II. Since that time, Congress and the courts have
• 43:46
  Speaker 1: allowed for resolutions to support the declaration requirement. They have
• 43:50
  Speaker 1: also allowed for unilateral attacks on other nations. President Trumb's
• 43:55
  Speaker 1: referred to this action as a war and said that
• 43:57
  Speaker 1: it would not be a limited operation. Attack will resultant
• 44:01
  Speaker 1: calls for compliance with the War Powers Resolution passed by
• 44:04
  Speaker 1: Congress in nineteen seventy three, which requires, quote in the
• 44:06
  Speaker 1: absence of a declaration of war close quote, that the
• 44:10
  Speaker 1: President report to Congress within forty eight hours after introducing
• 44:12
  Speaker 1: the US military forces into hostilities. Warpowers Resolution mandates that
• 44:17
  Speaker 1: the operation must end with sixty days absent Congressional approval. Notably,
• 44:25
  Speaker 1: there was a recent secret briefing of the Gang of
• 44:27
  Speaker 1: Eight that may have included foreshadowing in this operation. Secretary
• 44:31
  Speaker 1: of State Marco Rubio confirmed Saturday that he has given
• 44:34
  Speaker 1: notice to those senators under the War Powers Resolution. Here's
• 44:38
  Speaker 1: what it says. The President, in every possible instance, shall
• 44:41
  Speaker 1: consult with Congress before introducing US armed forces into hostilities
• 44:45
  Speaker 1: or into situations where imminent involvement hostilities is clearly indicated
• 44:48
  Speaker 1: by the circumstances, and after every such introduction, shall consult
• 44:53
  Speaker 1: regularly with the Congress until the United States Armed Forces
• 44:57
  Speaker 1: are no longer engaged in hostilities or have been removed
• 45:00
  Speaker 1: from such situation. Just says consult regularly. War Powers Resolution
• 45:05
  Speaker 1: limits the authority to quote hostilities or into situation where
• 45:11
  Speaker 1: imminent involvement in hostilities is clearly indicated by the circumstances,
• 45:15
  Speaker 1: and can be exercised only pursuing to one a declaration
• 45:20
  Speaker 1: of war, two specific statutory authorization, or three a national
• 45:26
  Speaker 1: emergency created by attack upon the United States, its territories
• 45:30
  Speaker 1: or possessions, or in its armed forces. President Trump is
• 45:36
  Speaker 1: side of the documented attacks in Iran and its proxies
• 45:39
  Speaker 1: on US forces and its allies. It's also a state
• 45:43
  Speaker 1: sponsor of terrorism, has continued to seek unclear nuclear weapons
• 45:47
  Speaker 1: and defiance of the demands of the international community. Recently,
• 45:50
  Speaker 1: the International Atomic Energy Agency announced that Iran had again
• 45:55
  Speaker 1: barred it from those sites. There has been historically deferent
• 46:00
  Speaker 1: and paid to presidents exerting such judgments under this vague standard.
• 46:05
  Speaker 1: Here's where we get into documented history about presidents going
• 46:08
  Speaker 1: off on their own, certainly the case with the attacks
• 46:11
  Speaker 1: in Bosnia and Libya under Democrat presidents, even with the
• 46:15
  Speaker 1: highly differential language, Presidents have long shafed limitations of war
• 46:19
  Speaker 1: powers resolutions. Nixon's veto of the legislation was in fact overridden.
• 46:25
  Speaker 1: Past democratic and Republican presidents, including Obama, have asserted their
• 46:30
  Speaker 1: inherent authority under Article two to carry out these operations.
• 46:34
  Speaker 1: There is always a fair amount of hypocrisy in these moments.
• 46:39
  Speaker 1: There was no widespread outcry when Obama attacked Libya, particularly
• 46:43
  Speaker 1: from Democrats. When I Jonathan Turley represented members to challenge
• 46:47
  Speaker 1: the undeclared war in Libya, Obama, like Trump, dismissed any
• 46:51
  Speaker 1: need to get congressional approval and attacking the capital city
• 46:54
  Speaker 1: before nation and military sites to force regime change. Figures
• 46:59
  Speaker 1: like then secretariest Date Hillary Clinton were lionized for their
• 47:02
  Speaker 1: tough action in Libya. Critics also rely on the authorization
• 47:06
  Speaker 1: to use of military force to assert limits on the
• 47:09
  Speaker 1: president when authorizing limited, defended, defined military actions. Such resolutions
• 47:14
  Speaker 1: date back to the Adams administration with the quasi war
• 47:18
  Speaker 1: in France. No, I don't remember that one either. Two
• 47:21
  Speaker 1: thousand and one AUMF authorized by the President quote to
• 47:25
  Speaker 1: use all necessary and appropriate force against those nations, organizations,
• 47:29
  Speaker 1: are persons he determines planned, authorized, committed, or aided the
• 47:33
  Speaker 1: terrorist attacks that occurred on September eleventh, two thousand and one.
• 47:37
  Speaker 1: It also authorized presidents to take military action to prevent
• 47:40
  Speaker 1: future acts of terrorism against the United States. Interesting that
• 47:43
  Speaker 1: the two thousand and two AUMF authorized the presidents to
• 47:46
  Speaker 1: use quote necessary and appropriate close quote force to defend
• 47:50
  Speaker 1: national security the US against the continuing threat posed by Iraq.
• 47:55
  Speaker 1: Past presidents plural have interpreted these those two the one
• 48:00
  Speaker 1: on the two thousand and two AUMFS to extend to
• 48:02
  Speaker 1: new threats and beyond countries like Iraq. Twenty eighteen report
• 48:09
  Speaker 1: that the Trump administration declared that the two thousand and
• 48:11
  Speaker 1: two AUMF contains no geographic limitation on where authorized force
• 48:16
  Speaker 1: may be employed broadly interpreted it. Obama, Biden, and Trump
• 48:21
  Speaker 1: have sided the two thousand and two AUMF as supporting
• 48:23
  Speaker 1: past attacks in Syria. Biden attacks included targets in Iraq
• 48:27
  Speaker 1: and Yeaman. Trump also sided the two thousand and two
• 48:30
  Speaker 1: AUMF and taking out Iran General Cossim SOLMANI remember, leader
• 48:34
  Speaker 1: of the Islamic Revolutionary Guards. President Biden's reliance on the
• 48:38
  Speaker 1: two thousand and two AUMF as well as the two
• 48:41
  Speaker 1: thousand and one AUMF for quote necessary in proportionate attacks
• 48:45
  Speaker 1: was ironic since he previously supported rescinding the two AUMF.
• 48:52
  Speaker 1: I'm sorry I got to laugh at this, but we
• 48:55
  Speaker 1: are talking about war here, but it is like a
• 48:57
  Speaker 1: clown show of well our broad interpretations of these aumfs,
• 49:04
  Speaker 1: so they didn't have to go down the road of
• 49:05
  Speaker 1: getting a declaration of war anyway. The administration is likely
• 49:09
  Speaker 1: to consult with Congress in a lot of these attacks,
• 49:10
  Speaker 1: and I think they probably already has. Congress can seek
• 49:13
  Speaker 1: to bar or limit operations in the coming days. That's
• 49:15
  Speaker 1: what they plan on doing this week. Given the fluid events,
• 49:18
  Speaker 1: many members are likely to wait and to watch the
• 49:21
  Speaker 1: initial results and frankly the polling of the attacks centcal there. However,
• 49:27
  Speaker 1: these operations could take days or even weeks, and I
• 49:29
  Speaker 1: will interject perhaps months longer. The operation continues, the calls
• 49:33
  Speaker 1: for Congressional action will force increase. As an initial matter, however,
• 49:38
  Speaker 1: Trump is using authority that prior presidents, including Democrat presidents,
• 49:42
  Speaker 1: have cited in carrying out major attacks in other countries.
• 49:45
  Speaker 1: History and prior precedent are on his side in carrying
• 49:49
  Speaker 1: out these initial attacks. Jonathan Turley's take, I don't think
• 49:53
  Speaker 1: he's necessarily wrong. Fast and loose by everybody else equals
• 49:58
  Speaker 1: fast and loose Today six eight now fifty five kr SE.
• 50:01
  Speaker 3: Chuck Ingram, fifty five k the talk station.
• 50:11
  Speaker 1: You dusted off the Queen's rag Joel, Well, there's that
• 50:18
  Speaker 1: I won fifty two three five member afty five kr
• 50:22
  Speaker 1: SE dot com and you can't listen live. Coming up,
• 50:24
  Speaker 1: Christopher Smithman. We're gonna hear from Dan Reagan on off
• 50:27
  Speaker 1: top of the our News with the Empire Youth, Sumner
• 50:29
  Speaker 1: on Teddy Roosevelt. He's doing we Got Money, Mondays, Brian
• 50:31
  Speaker 1: James because it is Monday, and then just recently added
• 50:33
  Speaker 1: to the morning show Rundown late but never ever, ever
• 50:37
  Speaker 1: too late. Bring him accown from the Hudsonons too. He's
• 50:39
  Speaker 1: gonna give us his commentary on what the war is
• 50:41
  Speaker 1: going to do to energy prices, which is something I
• 50:44
  Speaker 1: led the program off this morning. Jeff, thanks for calling
• 50:46
  Speaker 1: Happy on Monday to you.
• 50:49
  Speaker 4: Good morning, Good morning, Brian, good morning, Happy Monday.
• 50:52
  Speaker 1: Thank you.
• 50:54
  Speaker 8: What's going to suggest a new venue over there on
• 50:57
  Speaker 8: Kellogg Gavenue for the next listener.
• 50:59
  Speaker 1: Launch Riverfront Live? F k A Annis you.
• 51:05
  Speaker 5: I remember back in the day when it was Annie's.
• 51:07
  Speaker 1: I know you know that Christopher Smithman sent me an
• 51:11
  Speaker 1: instant message over the weekend about that shooting, and I
• 51:13
  Speaker 1: suspect he is going to be talking about when he
• 51:15
  Speaker 1: comes up, and he said, wasn't that formerly Annie's? And
• 51:18
  Speaker 1: I was like, hell if I know? So I looked
• 51:20
  Speaker 1: it up and yes it was, and.
• 51:22
  Speaker 8: It didn't have got a good concerts there, and I
• 51:24
  Speaker 8: think that they're they're still looking for that mass shooter. Yeah, yeah,
• 51:30
  Speaker 8: well and the owners on the news he knows nothing, well.
• 51:34
  Speaker 1: Of course not. But we did celebrate DJ fresh Day,
• 51:37
  Speaker 1: who was performing live Saturday night in advance of the
• 51:39
  Speaker 1: gunplay after have pro ball, honoring him with a proclamation
• 51:43
  Speaker 1: on Friday.
• 51:45
  Speaker 8: How many balloons did they release into the air?
• 51:48
  Speaker 1: Wow?
• 51:50
  Speaker 8: All his helium filled aluminum.
• 51:52
  Speaker 1: Balloons an environmental nightmare exactly. I appreciate the call, Jeff,
• 52:00
  Speaker 1: a little bit of humor there. It's nice to have
• 52:01
  Speaker 1: on it. Otherwise operating under the cloud of war Dury, Monday,
• 52:06
  Speaker 1: six thirty five. Right now, let me see here. I
• 52:10
  Speaker 1: put my money where my mouth is, and I do
• 52:12
  Speaker 1: that quite often. For your benefit. I bought my daughter
• 52:15
  Speaker 1: and Eric Galaxy concrete coating solution. The talk station at
• 52:24
  Speaker 1: six forty fifty five KRC, the talk station love to
• 52:27
  Speaker 1: hear from You got a comment you want to make
• 52:29
  Speaker 1: five one three seven nine fifty five hundred, eight hundred
• 52:31
  Speaker 1: eight two three talk found five fifty on at and
• 52:34
  Speaker 1: T Funds. You know, I got a copy of this
• 52:38
  Speaker 1: pivoting over to local stories. We did have a mass
• 52:39
  Speaker 1: shooting over the weekend. They're still investigating it. I'm not
• 52:42
  Speaker 1: quite sure if they found anybody yet. But Riverfront Lye
• 52:45
  Speaker 1: was the site formerly Annie's at Kellogg Avenue. Five hundred
• 52:48
  Speaker 1: to six hundred people about one o'clock in the morning
• 52:50
  Speaker 1: when the bullets started flying. Nine people sustain injuries shipped
• 52:55
  Speaker 1: over to UC Medical Center in Good Samaritan Hospital. One
• 52:58
  Speaker 1: victim described in a critical condition that from a statement
• 53:01
  Speaker 1: from a police chief Adam Hanny, since the mayor have
• 53:05
  Speaker 1: to have pervoll talking about gun of course, it's gun violence.
• 53:09
  Speaker 1: It is gun violence, but what is the motive behind
• 53:11
  Speaker 1: the gun violence. I think that's what you have to
• 53:13
  Speaker 1: get to, Mayor. You don't need to focus on the
• 53:15
  Speaker 1: gun itself, which is what he is focusing on. What
• 53:21
  Speaker 1: many of these nightclubs and bar shootings have in common though,
• 53:23
  Speaker 1: arguments between people with guns. That turns into them shooting indiscriminately.
• 53:28
  Speaker 1: If people have easy access to gun, Pervoll said, across
• 53:31
  Speaker 1: the board and then they get into arguments, it's very
• 53:33
  Speaker 1: difficult to stop that from happening. This brings up the
• 53:37
  Speaker 1: question of whether it's too easy to get a gun
• 53:39
  Speaker 1: in our community. He did say, a lot of people
• 53:42
  Speaker 1: have guns, and I might observe that this rarely happens.
• 53:45
  Speaker 1: Thank god. You know, every time I'm asked shooting like
• 53:49
  Speaker 1: this happens, It's on everybody's radar because it's so odd
• 53:53
  Speaker 1: and unusual and so impossible to explain. How did any
• 53:57
  Speaker 1: given individual come to the conclusion that it's great to
• 54:00
  Speaker 1: just randomly fire into a group of people, most of whom,
• 54:03
  Speaker 1: if not any you know, City manager erlong described as heartbroking.
• 54:12
  Speaker 1: But here's the proclamat DJ Fresh was apparently performance over
• 54:15
  Speaker 1: Saturday night. He's one of the acts that was on stage.
• 54:17
  Speaker 1: He received a proclamation from Air aftap Purval last year
• 54:22
  Speaker 1: declaring February twenty seventh, DJ Fresh Day, I did not
• 54:27
  Speaker 1: know this. According to the mayor, DJ Fresh has been
• 54:30
  Speaker 1: an unwavering pillar of his Cincinnati music in the entertainment
• 54:34
  Speaker 1: community for more than fifteen years, demonstrating through his dedication
• 54:37
  Speaker 1: and talent what hard work can achieve. Well, heart, hard
• 54:46
  Speaker 1: work is the answer. That's an interesting change of position.
• 54:51
  Speaker 1: I mean, let me ask you this. If DJ Fresh
• 54:54
  Speaker 1: had not been successful and so wonderful in the entertainment
• 54:56
  Speaker 1: business and then done so much for the community, maybe
• 55:00
  Speaker 1: that's because we're a systemically racist society or something, and
• 55:03
  Speaker 1: he's been held back in spite of his talent. Now
• 55:05
  Speaker 1: that doesn't work that way, does it. He provided a
• 55:10
  Speaker 1: service that apparently people enjoy. And I'm not blaming DJ
• 55:13
  Speaker 1: Fresh for the gunplay that happened at the venue over
• 55:16
  Speaker 1: Saturday night in the Sunday morning, So anyway, we did
• 55:19
  Speaker 1: make national news on that one. Not exactly a great
• 55:23
  Speaker 1: welcome sign for city of Cincinnati. Another story didn't get
• 55:27
  Speaker 1: to this morning obviously because of the content involving war
• 55:31
  Speaker 1: in the situation in Iran. We're going to hear more
• 55:33
  Speaker 1: about the energy situation, which I started the morning show
• 55:35
  Speaker 1: with kind of gird your loins and expect the price
• 55:37
  Speaker 1: or the barrel of oil to go from where it
• 55:39
  Speaker 1: currently was a couple of days ago, about sixty bucks
• 55:43
  Speaker 1: to maybe ninety or one hundred dollars. Check your futures
• 55:46
  Speaker 1: trading on that. Anyway, We had the senior Crossroads Church
• 55:51
  Speaker 1: pastor Brian tomb whom I understand was one of the
• 55:53
  Speaker 1: founding members of this one of the largest churches in America.
• 55:56
  Speaker 1: He's been suspended a minute independent investigation into what an
• 56:00
  Speaker 1: what is described as inappropriate physical humor suspended pending the
• 56:07
  Speaker 1: independent review of inappropriate conduct from late twenty fifteen, during
• 56:11
  Speaker 1: what they say as a video shoot church folks person
• 56:15
  Speaker 1: speaking with Matthew Cappelli of The enquire Isn't it her name?
• 56:21
  Speaker 1: Aaron Caperoni declined to answer questions when reached by the phone.
• 56:27
  Speaker 1: Police are not involved, it says SAYD. The church believe
• 56:31
  Speaker 1: the issue was resolved after the Crossroads Spiritual Board looked
• 56:34
  Speaker 1: into the matter in twenty twenty four and hosted a
• 56:37
  Speaker 1: productive conversation among parties involved. According to the release from then,
• 56:41
  Speaker 1: board reminded Pastor tomb of the weight of his words
• 56:44
  Speaker 1: and actions and formally admonished him to be mindful, to
• 56:47
  Speaker 1: be above reproach that appearance of impropriety kind of thing
• 56:51
  Speaker 1: going on. Release dated. The same community member contacted the
• 56:55
  Speaker 1: church again about the incident. Crossroads then hired an independent investigator,
• 57:01
  Speaker 1: saying in the statement, the Crossroad Spiritual Board has officially
• 57:04
  Speaker 1: suspended past her Tone from all Crossroad responsibilities until the
• 57:07
  Speaker 1: investigation is completed. We're committed to however long the investigation
• 57:11
  Speaker 1: will take and will provide updates as we know more.
• 57:15
  Speaker 1: Anybody know, anybody goes a Crossroads. Quite a few people
• 57:18
  Speaker 1: that are friends of mine that attend that church regularly
• 57:20
  Speaker 1: and have been for a long time. Because it's kind
• 57:22
  Speaker 1: of a letdown, don't you think six forty five y
• 57:26
  Speaker 1: five KRC the talk station. Oh look, another product that
• 57:30
  Speaker 1: I got from my daughter and Eric say, Iraq was
• 57:32
  Speaker 1: attacked by the US during Ramadan, and it's sickening to
• 57:35
  Speaker 1: know that the US is again going to attack Iran
• 57:37
  Speaker 1: during Ramadan. US apparently loves to strike Muslim countries during Ramanan,
• 57:42
  Speaker 1: and I'm convinced that it isn't what these countries have
• 57:44
  Speaker 1: done to violate international law, but about who they worship?
• 57:50
  Speaker 1: She even hitting the bubbling bong of stupidity. So I
• 57:54
  Speaker 1: just I thought it was really interesting the subtle acknowledgment
• 57:58
  Speaker 1: that are on violated Internet law. Yeah, by killing its
• 58:01
  Speaker 1: own people, some rumored to be thirty thousand of its own.
• 58:04
  Speaker 1: But how come we haven't launched strikes on Indonesia, Pakistan, India, Bangladesh, Nigeria, Egypt, Turkey, Iran, Algeria, Morocco,
• 58:14
  Speaker 1: all countries that have the largest Muslim populations. That's dominant
• 58:18
  Speaker 1: religion there in some countries that's a theology or theocracy.
• 58:24
  Speaker 1: Are they next cuckoo for coca puffs? Mike Johnson talking
• 58:35
  Speaker 1: about fellow Republicans on a conference call yesterday, the House
• 58:37
  Speaker 1: will likely vote Thursday is the day on the War
• 58:41
  Speaker 1: Powers Resolution, which may may very well or probably won't,
• 58:44
  Speaker 1: limit Trump's authority to take further military action against Iran.
• 58:49
  Speaker 1: This is the one sponsored by Rocanan Congressman Thomas Massy.
• 58:52
  Speaker 1: It's got a couple of other folks on the Republican
• 58:53
  Speaker 1: side that have joined in it. A lot of Democrats
• 58:55
  Speaker 1: are all on board for this. Why because well, evil
• 58:58
  Speaker 1: Orange Man, take Fetterman out. Of that equation, he is
• 59:01
  Speaker 1: all in favor of what Donald Trump is doing. Republicans
• 59:07
  Speaker 1: are rising members to oppose the measure, arguing that it
• 59:09
  Speaker 1: will And here's the problem undercut the Commander Chief at
• 59:12
  Speaker 1: a critical moment. Therein lies the challenge. The dominant view
• 59:16
  Speaker 1: right now as I read it, is that we need
• 59:21
  Speaker 1: to continue bombing Iran until we've bombed their military essentially
• 59:26
  Speaker 1: out of existence. They cannot be left with any offensive
• 59:29
  Speaker 1: capable weapons. Now, whether we can accomplish that or not,
• 59:33
  Speaker 1: whether the people rise up and take over their own country,
• 59:35
  Speaker 1: that's what's hope for. But who knows. But in spite
• 59:42
  Speaker 1: of the fact the Warpower's Resolution does have bipartisan backing,
• 59:49
  Speaker 1: do you think they can override a presidential veto? The
• 59:54
  Speaker 1: numbers don't add up to that. And I found that
• 59:57
  Speaker 1: rather an interesting constitution. Where were so War Powers Resolution?
• 1:00:03
  Speaker 1: And we're talking about the War Powers Act here, not
• 1:00:05
  Speaker 1: the declaration of war from Congress, because you know, there
• 1:00:07
  Speaker 1: are't enough votes to get a declaration of war from Congress.
• 1:00:09
  Speaker 1: So we're going to rely on that nineteen seventy three
• 1:00:11
  Speaker 1: Warpowers Act, which many like me think may be unconstitutional
• 1:00:14
  Speaker 1: because you're not allowed to delegate authority to the executive
• 1:00:18
  Speaker 1: branch when the constitutions specifically vests that authority in the
• 1:00:22
  Speaker 1: in Congress legislative branch. That's where the power exists. And
• 1:00:26
  Speaker 1: under prior Supreme Court case law, if that went before
• 1:00:29
  Speaker 1: the Supreme Court, inspite of the conservative makeup of the
• 1:00:32
  Speaker 1: Supreme Court, they do have a lot of years of
• 1:00:34
  Speaker 1: president to hang their hat on. No, you can't do that.
• 1:00:36
  Speaker 1: Go back to when they gave Reagan the line item veto.
• 1:00:39
  Speaker 1: We all would love that. Look, you can scratch out
• 1:00:41
  Speaker 1: all this excess spending. Remember, don't give me another bill
• 1:00:43
  Speaker 1: like this. Ever, unconstitutional power of the purse rest with
• 1:00:48
  Speaker 1: Congress and it cannot be delegated to the president. So
• 1:00:50
  Speaker 1: we're in the same situation on that, although it's never
• 1:00:53
  Speaker 1: been before the Supreme Court. But President Trump could veto
• 1:00:56
  Speaker 1: whatever they passed this week if they do pass it
• 1:00:58
  Speaker 1: on Thursday, of course, at rent of the whole thing moot.
• 1:01:03
  Speaker 1: But more fundamentally, if they were to pass it and
• 1:01:08
  Speaker 1: they were to pull the plug on the authorization, they
• 1:01:11
  Speaker 1: were to pull the plug on these military actions. Are
• 1:01:14
  Speaker 1: we just going to pull out and do nothing else?
• 1:01:16
  Speaker 1: Allowing the Iranians to regroup and re arm potentially, I
• 1:01:21
  Speaker 1: think the genies out of the bottle at this point.
• 1:01:27
  Speaker 1: Damn the law. Go back to Jonathan Turley's comments on that,
• 1:01:30
  Speaker 1: We've got years and years and years and years of
• 1:01:32
  Speaker 1: presidents doing the same damn thing. Last declaration of war
• 1:01:36
  Speaker 1: was World War Two. I don't know if Waiver and
• 1:01:39
  Speaker 1: his stop will apply to that, but therein lies the
• 1:01:42
  Speaker 1: reality where we find ourselves right now. Anybody's critical Donald
• 1:01:45
  Speaker 1: Trump because he's Donald Trump doing this, just go back
• 1:01:47
  Speaker 1: and reflect upon, you know, the all the prior presidents
• 1:01:50
  Speaker 1: and what was your position on those. I think I
• 1:01:53
  Speaker 1: personally was critical about killing momark Adaffi and Libya just
• 1:01:58
  Speaker 1: out of nowhere, dropping a bum on him after wore
• 1:02:02
  Speaker 1: that that was Obama. Parenthetically, don't go away. We're gonna
• 1:02:06
  Speaker 1: hear from Dan Reganold got Teddy Roosevelt to talk about
• 1:02:09
  Speaker 1: there's an empower You seminar taking place, and appreciate Dan
• 1:02:12
  Speaker 1: and all his efforts to try to educate us with
• 1:02:14
  Speaker 1: the empower Youoamerica dot org website and all the great
• 1:02:17
  Speaker 1: seminars are there. Christopher Smithman's joining the program at seven twenty. Yes,
• 1:02:20
  Speaker 1: he'll probably have a comment about the mass shooting at
• 1:02:23
  Speaker 1: the disco or whatever that club was, wasn't Annie's anymore,
• 1:02:27
  Speaker 1: don't away. He's coming up as well as Dan Reganold
• 1:02:30
  Speaker 1: Today's top headlines coming up at the top of the hour.
• 1:02:34
  Speaker 1: I mean, you just can't predict what's gonna happen next.
• 1:02:36
  Speaker 1: On fifty five KRC, the talk station, it's seven six.
• 1:02:50
  Speaker 1: If you do have PARCD talk station, Happy Monday, hope
• 1:02:54
  Speaker 1: you have a happy Monday. Stick around Christmas Smithan coming
• 1:02:56
  Speaker 1: up at seven twenty. Got Money Money with Brian James,
• 1:02:58
  Speaker 1: and of course we're gonna ge. We're going to feel
• 1:03:00
  Speaker 1: the energy prices go up as a consequence of the
• 1:03:02
  Speaker 1: situation where the straight or removes issues bring him account
• 1:03:05
  Speaker 1: from the Hudson's. So it's going to talk about just that.
• 1:03:07
  Speaker 1: Following Brian James, he'll be on at eight forty the meantime,
• 1:03:10
  Speaker 1: Welcome back and dear God love him, Dan Regnold, the
• 1:03:14
  Speaker 1: man responsible for Empower You America dot org and all
• 1:03:16
  Speaker 1: these wonderful education opportunities, and the man who will be
• 1:03:19
  Speaker 1: conducting the class tomorrow night, seven pm. Empower Youoamerica dot Org,
• 1:03:23
  Speaker 1: Teddy Roosevelt. Welcome back, Dan Reganold, It's great to have
• 1:03:25
  Speaker 1: you on this morning.
• 1:03:27
  Speaker 9: It's good to be here. So much geez, so much
• 1:03:29
  Speaker 9: news going on. Oh yeah, and I agree with your
• 1:03:33
  Speaker 9: comments Brian about that genie being kind of out of
• 1:03:36
  Speaker 9: the bottle now. But hey, if people want to get
• 1:03:40
  Speaker 9: away from all the news of the last weekend and stuff,
• 1:03:43
  Speaker 9: I'm just inviting everyone tomorrow night. I'm going to be
• 1:03:46
  Speaker 9: doing a class as part of our America two fifty
• 1:03:49
  Speaker 9: series on Teddy Roosevelt, our twenty sixth president.
• 1:03:53
  Speaker 1: What would what would Teddy do? Dan reganold real quick
• 1:03:56
  Speaker 1: here on the you mentioned the genie being out of
• 1:03:59
  Speaker 1: the bottle, and I just got a response from a
• 1:04:01
  Speaker 1: good friend and of the greater since you, Rob Ryder, mentioning, Yeah,
• 1:04:06
  Speaker 1: that's an interesting point about the genie being out of
• 1:04:07
  Speaker 1: the bottle, and my followed up with it, Dan, I
• 1:04:09
  Speaker 1: thought it was rather interesting, and it's sure not what
• 1:04:12
  Speaker 1: Iran expected. But they started launching missiles and all the
• 1:04:15
  Speaker 1: surrounding Arab countries. Well, of course, I guess they thought
• 1:04:19
  Speaker 1: that that might get the Arab countries to collectively condemn
• 1:04:22
  Speaker 1: the United States for causing the chaos that ensued with Iran.
• 1:04:26
  Speaker 1: Willy Nearly just launching missiles and apparently don't hit what
• 1:04:28
  Speaker 1: they're looking or what they're aimed for. They're hitting civilian targets. Well,
• 1:04:32
  Speaker 1: all the Arab nations that have been impacted have stood
• 1:04:34
  Speaker 1: up and said and they're condemning Iran. I think I
• 1:04:37
  Speaker 1: think the Middle East is sick of Iran. With that response,
• 1:04:40
  Speaker 1: I think they're like, you know what, this is the
• 1:04:42
  Speaker 1: beginning of the end of Iran. Let them get the
• 1:04:43
  Speaker 1: job done. They've done nothing but so chaos and and
• 1:04:47
  Speaker 1: and and and violence and death in this region. So
• 1:04:50
  Speaker 1: let's start over. Do you think we're near that point? Dan?
• 1:04:53
  Speaker 9: Those other countries just want this, just want them to
• 1:04:56
  Speaker 9: go away. They're they're just tired of all the all
• 1:04:58
  Speaker 9: the drama that's going on. And uh yeah, I think
• 1:05:01
  Speaker 9: I think you're exactly right on that.
• 1:05:04
  Speaker 1: So I'm sorry we're talking about Teddy Roosevelt.
• 1:05:09
  Speaker 9: But but you know, you ask what would Teddy do? Well,
• 1:05:13
  Speaker 9: he would he would speak softly and carry his big stick.
• 1:05:19
  Speaker 9: This is a bigger than life personality. And the reason
• 1:05:22
  Speaker 9: I wanted to look at Teddy Roosevelt's life, Brian was,
• 1:05:25
  Speaker 9: you know, I don't know when it was, but I
• 1:05:27
  Speaker 9: saw a picture on Mount Rushmore. Of the four presidents,
• 1:05:30
  Speaker 9: you've got Washington, You've got Jefferson, You've got Teddy Roosevelt,
• 1:05:34
  Speaker 9: and then you've got Lincoln. And Teddy was the one
• 1:05:36
  Speaker 9: that knew the least about. And I had to ask myself,
• 1:05:39
  Speaker 9: why was he so important to be up on that mountain? Yeah,
• 1:05:43
  Speaker 9: and he was just but as I started to learn
• 1:05:46
  Speaker 9: about him, I mean, he just was a bigger than
• 1:05:48
  Speaker 9: life personality. People the people, the people just loved him.
• 1:05:52
  Speaker 9: He went and he was elected early at the age
• 1:05:55
  Speaker 9: of twenty two to the New York Assembly. He was
• 1:05:58
  Speaker 9: at he was at work, his first child was born.
• 1:06:00
  Speaker 9: He went home to his family, He suffered the amazing
• 1:06:03
  Speaker 9: tragedy of what of finding his mother and his wife
• 1:06:06
  Speaker 9: dying in the same twenty four hour period. And he
• 1:06:10
  Speaker 9: just he just kind of he just went from that
• 1:06:13
  Speaker 9: to be to to to a life where where he
• 1:06:16
  Speaker 9: embraced the people of the country and and and and
• 1:06:20
  Speaker 9: fought for them. His big, his big thing, his big
• 1:06:23
  Speaker 9: overwhelming thing, which I know you'll like and I sure like,
• 1:06:26
  Speaker 9: was just fighting corruption and some of his earliest positions.
• 1:06:32
  Speaker 9: He was appointed to the Postal Commission, and he replaced
• 1:06:37
  Speaker 9: thirty thousand postal commissioners. Could you imagine doing that in
• 1:06:40
  Speaker 9: the nineteen hundred sprime Woden like he went on to
• 1:06:44
  Speaker 9: the police. He became police commissioner of New York. He
• 1:06:47
  Speaker 9: roamed the streets. The newspapers wrote about him and and
• 1:06:51
  Speaker 9: and and talked about him personally arresting people, throwing him
• 1:06:55
  Speaker 9: in jail. He runs for runs for mayor of New
• 1:06:59
  Speaker 9: York and loses and says, well, I'm going to go
• 1:07:02
  Speaker 9: out west. He becomes a cowboy. He's got this. I
• 1:07:04
  Speaker 9: don't know if you've ever seen a picture of his
• 1:07:06
  Speaker 9: pearl handled revolver he would carry around. And the people
• 1:07:11
  Speaker 9: in South Dakota and North Dakota, where he had two ranches,
• 1:07:14
  Speaker 9: loved him and he just loved it. And that's where
• 1:07:15
  Speaker 9: he had this love of the West. He really was
• 1:07:18
  Speaker 9: the first president who created a lot of the national parks,
• 1:07:22
  Speaker 9: and really was almost a father in the national parks.
• 1:07:25
  Speaker 9: And he had like, at one point fifty thousand cattle,
• 1:07:29
  Speaker 9: and then one year there was this disease that killed
• 1:07:32
  Speaker 9: almost all of them. And he was never good with money,
• 1:07:35
  Speaker 9: and he almost lost everything. Moved back to New York,
• 1:07:38
  Speaker 9: became governor.
• 1:07:39
  Speaker 2: There, and.
• 1:07:42
  Speaker 9: He fights with all like this too bright, and he
• 1:07:44
  Speaker 9: fights with all the Republican Republican higher ups and they say,
• 1:07:49
  Speaker 9: let's get rid of this Rosevelt guy. Let's make him
• 1:07:51
  Speaker 9: vice president. He was almost like he was almost like
• 1:07:53
  Speaker 9: the Kamala Harris at his time. And he becomes vice
• 1:07:59
  Speaker 9: president for Will McKinley, a great president, somebody who Trump
• 1:08:03
  Speaker 9: likes a lot. And McKinley's second term, McKinley's assassinated the
• 1:08:07
  Speaker 9: first month, and Teddy Roosevelt, at forty three, becomes the
• 1:08:10
  Speaker 9: youngest president ever. And he's just faced with all these problems,
• 1:08:16
  Speaker 9: as a coal strike that shuts down the entire country.
• 1:08:19
  Speaker 9: People are out walking the streets, no heat, no power.
• 1:08:23
  Speaker 9: He he gets in the negotiation, directly solves the coal strike,
• 1:08:28
  Speaker 9: becomes a hero, is loved, goes on a hunting trip
• 1:08:32
  Speaker 9: and doesn't like the way hunters are killing bears, and
• 1:08:35
  Speaker 9: all of a sudden, people create the Teddy Bear, and
• 1:08:38
  Speaker 9: the Teddy Bear is formed and people are selling them all.
• 1:08:42
  Speaker 4: Over the you know, all over the world.
• 1:08:44
  Speaker 3: That's where that came from.
• 1:08:46
  Speaker 9: That's where it came from. He has he has huge
• 1:08:48
  Speaker 9: foreign policy wins, comes up with the big idea, we
• 1:08:53
  Speaker 9: need a canal in Panama, creates the Panama Canal is
• 1:08:57
  Speaker 9: down driving a tractor on the Panama Panama crele building it.
• 1:09:03
  Speaker 9: And he's just this guy is just a larger than
• 1:09:06
  Speaker 9: life hero.
• 1:09:08
  Speaker 2: He he.
• 1:09:09
  Speaker 9: He creates the rough Riders. When when our battleship in Cuba,
• 1:09:12
  Speaker 9: the battleship Maine is Is is bombed and two hundred
• 1:09:15
  Speaker 9: and sixty Americans die, and Teddy takes a troop of
• 1:09:19
  Speaker 9: a troop of rough shot just just every type of
• 1:09:23
  Speaker 9: person possible down to down to Cuba and with his
• 1:09:27
  Speaker 9: rough Riders, and he takes him all in a bar
• 1:09:29
  Speaker 9: and says, hey, everybody beers on me. I mean this
• 1:09:32
  Speaker 9: is you know, this is our kind of guy. Man.
• 1:09:34
  Speaker 3: Uh you know, it's the roughrider.
• 1:09:36
  Speaker 1: I had to look up because I kept here, you know,
• 1:09:37
  Speaker 1: storming sandwan Hill. He was a rough rider the very
• 1:09:40
  Speaker 1: first US Volunteer Cavalry Regiment.
• 1:09:44
  Speaker 9: It was amazing when you see the picture of him,
• 1:09:46
  Speaker 9: and and he loved the military. He loved everything everything
• 1:09:50
  Speaker 9: about it.
• 1:09:50
  Speaker 2: And uh he he he he.
• 1:09:56
  Speaker 9: You know, So he becomes president at the age of
• 1:09:58
  Speaker 9: forty three, saw as a coal strike and then immediately
• 1:10:02
  Speaker 9: the Panic of nineteen o seven happens where there was
• 1:10:05
  Speaker 9: a series of bank runs. He didn't really understand finance,
• 1:10:09
  Speaker 9: but he was able to get it solved and solve
• 1:10:14
  Speaker 9: another really incredible, incredible crisis that happened. You know, this
• 1:10:21
  Speaker 9: is during the time Brian where nine million immigrants are
• 1:10:25
  Speaker 9: are entering America through Ellis Island, and I kind of clipped,
• 1:10:31
  Speaker 9: it's amazing about this is a principal guy. He is
• 1:10:35
  Speaker 9: so clear on his thoughts about immigration. If we could
• 1:10:39
  Speaker 9: what happened in the last hundred years, I don't know,
• 1:10:42
  Speaker 9: but he says, he says, any immigrant who assimilates will
• 1:10:45
  Speaker 9: be treated equally irregardless of their race or nationality. But
• 1:10:49
  Speaker 9: they must immig they must assimilate. They must have one country.
• 1:10:53
  Speaker 9: It's got to be this country. We're going to have
• 1:10:55
  Speaker 9: one language, one flag. How do we get so far
• 1:10:59
  Speaker 9: away from that?
• 1:11:00
  Speaker 1: Oh my word, that was exactly what I was thinking
• 1:11:02
  Speaker 1: when you were saying that.
• 1:11:03
  Speaker 9: Boy, he kind of grooms William Howard Taft to be
• 1:11:09
  Speaker 9: the next president, and he tries to help Taff, but
• 1:11:14
  Speaker 9: he's such a strong leader he can't watch other people lead,
• 1:11:17
  Speaker 9: and he kind of breaks up that relationship and starts
• 1:11:21
  Speaker 9: kind of running on the Progressive Party and tries to
• 1:11:25
  Speaker 9: run against Taft, but really really can't beat the machine.
• 1:11:28
  Speaker 9: But this is when he has this incredibly famous.
• 1:11:33
  Speaker 2: Speech.
• 1:11:34
  Speaker 9: He goes out and gives This is around the time
• 1:11:35
  Speaker 9: when he created the Square Deal. He goes out and
• 1:11:37
  Speaker 9: gives a speech, and an assassin out in the audience
• 1:11:41
  Speaker 9: shoots him. This is in nineteen thirteen. The bullet God
• 1:11:46
  Speaker 9: saving moment. The bullet hits a glass case that's in
• 1:11:49
  Speaker 9: the pocket of his suit, and Roosevelt starts bleeding from
• 1:11:53
  Speaker 9: his chest. And Roosevelt says, you may notice I'm bleeding,
• 1:11:58
  Speaker 9: but it's it hasn't hit my lung. And it will
• 1:12:02
  Speaker 9: take more than a bullet to kill a bull moose.
• 1:12:05
  Speaker 9: And he keeps talking for an hour.
• 1:12:07
  Speaker 1: Bad assery.
• 1:12:09
  Speaker 2: He is a bad ass or.
• 1:12:10
  Speaker 9: And then he's got this amazing trip. Some people know
• 1:12:15
  Speaker 9: about this, some people don't, where he goes out on
• 1:12:18
  Speaker 9: the Amazon River and and he takes a trip overseas
• 1:12:23
  Speaker 9: where he meets with every foreign dignitary. He's lauded by everyone.
• 1:12:27
  Speaker 9: But he takes his trip on what's been now called
• 1:12:29
  Speaker 9: on the Amazon, called the River of Doubt, where he
• 1:12:31
  Speaker 9: almost dies. His son's with him. He loses twenty five
• 1:12:35
  Speaker 9: percent of his entire body weight, there's there's fever everywhere,
• 1:12:41
  Speaker 9: and he barely makes it back, but but he does
• 1:12:46
  Speaker 9: come back, he survives. He's just champion. He's a champion
• 1:12:50
  Speaker 9: of the people because that's what he was. He was
• 1:12:53
  Speaker 9: the guy when people were when he was fighting corruption
• 1:12:56
  Speaker 9: that said, we've got to treat the workers fairly. He
• 1:13:00
  Speaker 9: developed the workman's compensation system really nationwide, and people just
• 1:13:05
  Speaker 9: loved him for what he did. And that's the class
• 1:13:08
  Speaker 9: we're going to talk about tomorrow night. He's just an
• 1:13:11
  Speaker 9: incredible larger than life.
• 1:13:12
  Speaker 1: Character, clearly, and I thank you so much for doing
• 1:13:15
  Speaker 1: all the research on that. I honestly I'm in your position,
• 1:13:17
  Speaker 1: you know. I think about Teddy Roosevelt and I at
• 1:13:20
  Speaker 1: least the ones on the Mount Rush where I know
• 1:13:22
  Speaker 1: him least, and going to solve that problem tomorrow night.
• 1:13:25
  Speaker 1: They're gonna get seven pm. It's a virtual class, as
• 1:13:27
  Speaker 1: I understand it. Log in from the comfort of your
• 1:13:29
  Speaker 1: own home, go to empower you America dot or just
• 1:13:31
  Speaker 1: click the register button and in advance to attend. Virtually
• 1:13:35
  Speaker 1: it's gonna I know you always do a fantastic job,
• 1:13:37
  Speaker 1: So thanks for doing the laboring or on Teddy Roosevelt
• 1:13:39
  Speaker 1: for everybody tomorrow night, seven pm. We're all going to
• 1:13:41
  Speaker 1: be tuned in. Dan, thank you so much.
• 1:13:44
  Speaker 9: Thank you for having me, Brian, and good morning to everyone.
• 1:13:47
  Speaker 9: And tell my friend Christopher I said, hello, Okay.
• 1:13:49
  Speaker 1: He's wait six twenty two. If I have ks he
• 1:13:51
  Speaker 1: talks today. It's Monday. It's that time we get to
• 1:13:53
  Speaker 1: hear from the former vice mayor of the City of Cincinnati,
• 1:13:55
  Speaker 1: Christopher smith Man. We'll call this smither VN. Christopher. Welcome back.
• 1:13:58
  Speaker 1: My friend's great here for me today as always, and
• 1:14:01
  Speaker 1: of course good hearing from you over the weekend about
• 1:14:03
  Speaker 1: the shooting that happened at Riverfront Live.
• 1:14:07
  Speaker 2: I have to tell you, Brian, my first my heart
• 1:14:10
  Speaker 2: goes out to the victims. Yes, you know, like yours
• 1:14:14
  Speaker 2: and your listening audience, and it's so unfortunate that you know,
• 1:14:19
  Speaker 2: you and I are going to have this conversation over
• 1:14:22
  Speaker 2: and over again, you know, throughout the summer. That's my prediction,
• 1:14:29
  Speaker 2: and for a lot of different reasons. But the problem
• 1:14:33
  Speaker 2: with this for me is there are things that we
• 1:14:36
  Speaker 2: can do, and so for example, you know, I'm glad
• 1:14:40
  Speaker 2: the mayor held a press conference. We had a mass
• 1:14:42
  Speaker 2: shooting in Cincinnati. Nine people were shot Signal ninety nine.
• 1:14:49
  Speaker 2: Actually I got my information originally from Signal ninety nine,
• 1:14:54
  Speaker 2: and in the chaos, they thought thirteen people were shot,
• 1:14:57
  Speaker 2: and now it went to nine and now and one
• 1:14:59
  Speaker 2: person still and critical condition. That is incredibly serious. And
• 1:15:03
  Speaker 2: I also want to say before I get into this
• 1:15:05
  Speaker 2: direct rant about our leadership locally, is that my hats
• 1:15:10
  Speaker 2: go off to the UC medical teams, our medical teams
• 1:15:14
  Speaker 2: across our region, because if they're not doing what they're doing,
• 1:15:19
  Speaker 2: more people would die, meaning people are being shot. But
• 1:15:23
  Speaker 2: we have some of the best medical operations in our
• 1:15:28
  Speaker 2: emergency rooms in this region, and every single weekend they
• 1:15:34
  Speaker 2: are saving lives. It's like an all out war on
• 1:15:37
  Speaker 2: our streets and they're in there putting people back together.
• 1:15:42
  Speaker 2: So my hats go off to every one of those
• 1:15:45
  Speaker 2: emergency rooms that took the nine people that were shot,
• 1:15:48
  Speaker 2: because more would be dead or more would be in
• 1:15:51
  Speaker 2: a worse situation if we didn't have them in place.
• 1:15:54
  Speaker 2: That's important to say.
• 1:15:55
  Speaker 1: It is Christopher. I'm glad you brought that up because
• 1:15:57
  Speaker 1: I have a dear friend, retired Colonel Bob Katarre, who
• 1:16:00
  Speaker 1: does wound immediate emergency care wound training for folks maybe
• 1:16:04
  Speaker 1: you're involved in an active shooter situation. He does training
• 1:16:07
  Speaker 1: to deal with the active shooter. But the critical thing
• 1:16:10
  Speaker 1: is in need is someone right there ready to take
• 1:16:13
  Speaker 1: care of the wounds, because you end up with more
• 1:16:15
  Speaker 1: casualties because people there aren't tending to the people who
• 1:16:18
  Speaker 1: are bleeding. So we could do society a greade service
• 1:16:20
  Speaker 1: if we all collectively learn how to deal with emergency
• 1:16:23
  Speaker 1: wound care. And there are ways to learn and do
• 1:16:25
  Speaker 1: that so we can be part of the solution to it. Otherwise,
• 1:16:29
  Speaker 1: I mean, should never happen problem, Christopher. I still every
• 1:16:32
  Speaker 1: time this kind of thing happens, people randomly shooting into
• 1:16:35
  Speaker 1: innocent people that they have no connection with, I am
• 1:16:38
  Speaker 1: totally baffled. I don't get it. I really don't. Pausebring
• 1:16:41
  Speaker 1: Christopher back. I know he's got a whole lot more
• 1:16:42
  Speaker 1: to talk about this, but I want to mention foreign exchange.
• 1:16:44
  Speaker 1: I had another, as always terrific foreign exchange experience deep
• 1:16:49
  Speaker 1: Talk station seven nine on a Monday, right time. It
• 1:16:53
  Speaker 1: was from Christopher Smidman doing the smither vent. Back over
• 1:16:56
  Speaker 1: to you, Christopher Smitheman.
• 1:17:01
  Speaker 2: We are we are in a situation where we need
• 1:17:03
  Speaker 2: a strong mayor that comes up to that podium and
• 1:17:08
  Speaker 2: not not just apologize this for the mass shooting, but
• 1:17:12
  Speaker 2: tells the community what is his plan. That's what's missing.
• 1:17:18
  Speaker 2: You know, I can go to my pastor, I can
• 1:17:20
  Speaker 2: go to my priest. You know, I'm Catholic, and I
• 1:17:23
  Speaker 2: can go get a homily, go there and pray. What
• 1:17:27
  Speaker 2: we need from our local leaders is a plan. That's
• 1:17:31
  Speaker 2: what's missing. And for the city manager to blame guns unacceptable.
• 1:17:37
  Speaker 2: I get the idea that it's easy to say, wow, man,
• 1:17:41
  Speaker 2: we've got all these guns out here, blah blah blah.
• 1:17:43
  Speaker 2: But they're legal gun owners like myself. Who you know,
• 1:17:48
  Speaker 2: I've gone through the training, I have a license to carry.
• 1:17:52
  Speaker 2: You know, there are a lot of other Americans in
• 1:17:54
  Speaker 2: the state of Ohio have that. Like who is she
• 1:17:58
  Speaker 2: talking about? Right? So obviously we the people who have
• 1:18:02
  Speaker 2: a legal gun. And obviously the person here shooting randomly
• 1:18:08
  Speaker 2: into a crowd of people and shooting nine people, that's unacceptable.
• 1:18:11
  Speaker 2: But speak to that, not talking about it's the gun.
• 1:18:15
  Speaker 2: It's the person who has the gun and their finger
• 1:18:18
  Speaker 2: on the trigger. People and christ that is the problem.
• 1:18:22
  Speaker 1: What typically turns out to be the case, and it's
• 1:18:24
  Speaker 1: too early because I don't think they found the person
• 1:18:26
  Speaker 1: or persons responsible for this ridiculous behavior in these In
• 1:18:29
  Speaker 1: these four people getting shot nine times out of ten,
• 1:18:32
  Speaker 1: it turns out they have a they have acquired a
• 1:18:34
  Speaker 1: firearm unlawfully. The gun itself shouldn't be held by them
• 1:18:38
  Speaker 1: because they're under disability from prior convictions or whatever, or
• 1:18:42
  Speaker 1: they're under age, and yet they've acquired a firearm. They're
• 1:18:44
  Speaker 1: not looking to the reality that they have not only
• 1:18:46
  Speaker 1: engaged in murderous activity, but also have violated the law
• 1:18:50
  Speaker 1: in doing so. So what are we going to do?
• 1:18:52
  Speaker 1: Their response, basically, if they got their way, is to
• 1:18:55
  Speaker 1: try to eliminate all the guns, which will never happen, never.
• 1:18:59
  Speaker 2: Correct never, And so there speaking into the wind when
• 1:19:04
  Speaker 2: they hold press conferences and they say things like that
• 1:19:07
  Speaker 2: I was the former vice mayor somebody who might not
• 1:19:11
  Speaker 2: know that I served as the chair of Law and
• 1:19:14
  Speaker 2: Public Safety. And here's what a healthy council would do.
• 1:19:19
  Speaker 2: Number One, you would have your legal department right the
• 1:19:23
  Speaker 2: owner and say I'd like to have a discussion in
• 1:19:26
  Speaker 2: a meeting with you immediately like today. Number Two, you'd
• 1:19:31
  Speaker 2: hold it an open meeting on the floor of council
• 1:19:35
  Speaker 2: where you bring the owner in with your legal team
• 1:19:38
  Speaker 2: sitting to your right, and you say to the owner, listen, guy,
• 1:19:42
  Speaker 2: on this day, you had control of the door. You
• 1:19:45
  Speaker 2: were the person responsible. You had this group come and
• 1:19:49
  Speaker 2: perform or have the party in our city. Ultimately, dude,
• 1:19:54
  Speaker 2: you are responsible. Nine people were shot. What is your
• 1:19:58
  Speaker 2: plan to tell the city of Cincinnati this will never
• 1:20:02
  Speaker 2: happen again. I don't want to turn on CNN and
• 1:20:05
  Speaker 2: see another mass shooting at your location. So, like, what
• 1:20:09
  Speaker 2: you're trying to do is get the owner to come
• 1:20:12
  Speaker 2: up with a plan. Now, if the owner fails to
• 1:20:15
  Speaker 2: do that, you shut them down. Dude. You say, Hi,
• 1:20:18
  Speaker 2: you can't operate in my city. I'm not gonna turn
• 1:20:21
  Speaker 2: on the national news. All the money that our corporation
• 1:20:23
  Speaker 2: spends to brand Cincinnati as a good place, We're not
• 1:20:27
  Speaker 2: gonna let you ruin it because you can't control the
• 1:20:29
  Speaker 2: activities that's your location. Your job is to make sure
• 1:20:33
  Speaker 2: that guns don't get into the operation. And if you
• 1:20:36
  Speaker 2: can't do that, dude, we're gonna shut you down. My
• 1:20:39
  Speaker 2: point is that this mayor and this council, they will
• 1:20:43
  Speaker 2: be passing resolutions this week on what's going on in Iran.
• 1:20:47
  Speaker 2: Guarantee it. Just like they were passing resolutions on what
• 1:20:51
  Speaker 2: was going on in Israel and what was happening with
• 1:20:54
  Speaker 2: the Palestinians or what they should have been talking about
• 1:20:56
  Speaker 2: if the mods meaning they packed the chambers for these
• 1:20:59
  Speaker 2: nonsensical things, But they won't introduce a resolution that says,
• 1:21:04
  Speaker 2: we are very concerned about this shooting, we are concerned
• 1:21:09
  Speaker 2: about the violence in our urban core, and here are
• 1:21:12
  Speaker 2: the things we're going to do about it. Because guess what, public,
• 1:21:14
  Speaker 2: that's what they actually have control over. That's what we've
• 1:21:17
  Speaker 2: elected them to do. But they would rather talk about
• 1:21:20
  Speaker 2: stuff they have no control over that they should not
• 1:21:23
  Speaker 2: be discussing. That's not the city's business. Look for them
• 1:21:27
  Speaker 2: to introduce resolutions about Trump is war powers, what's happening
• 1:21:32
  Speaker 2: in Iran, and nothing about what is happening specifically with
• 1:21:36
  Speaker 2: the Riverfront live at this shooter, which is in their jurisdiction.
• 1:21:40
  Speaker 1: Yeah, I guess I'm wondering what they could actually do
• 1:21:43
  Speaker 1: about it. I mean other than scream and cry and
• 1:21:45
  Speaker 1: will and nashteeth about the existence of firearms. Generally speaking,
• 1:21:49
  Speaker 1: the question is how is it that some person comes
• 1:21:52
  Speaker 1: to the conclusion they're going to take their perhaps lawfully
• 1:21:54
  Speaker 1: on firearm and start squeezing it off randomly into a crowd.
• 1:21:58
  Speaker 1: To do about it, how do you deal with someone
• 1:22:00
  Speaker 1: who would engage in that kind of behavior.
• 1:22:03
  Speaker 5: I don't know.
• 1:22:04
  Speaker 2: I have the cooperation, brother, if I'm standing, if I'm
• 1:22:08
  Speaker 2: the strong mayor, I'm trying to find the shooter. So
• 1:22:12
  Speaker 2: number one, I've got it. I've got a something on
• 1:22:15
  Speaker 2: the line financially for information about who was doing the shooting,
• 1:22:20
  Speaker 2: meaning there's gotta be video, there's gotta be taped. We
• 1:22:23
  Speaker 2: are continually looking for people to cooperate with our police department.
• 1:22:28
  Speaker 2: This is something that we should have heard from the
• 1:22:30
  Speaker 2: mayor and the city manager. The reason they don't do
• 1:22:33
  Speaker 2: that right is because they're soft on crime. Because then
• 1:22:36
  Speaker 2: and that's in their head, it's in their culture. Like
• 1:22:39
  Speaker 2: if we find the person, right and we arrest a person,
• 1:22:43
  Speaker 2: how many of us believe that they won't be let out,
• 1:22:45
  Speaker 2: Like they'll come right in and out the door the
• 1:22:47
  Speaker 2: next day. Meaning they seem to have this i'm gonna
• 1:22:52
  Speaker 2: coddle the criminal kind of mentality. And that's why they
• 1:22:55
  Speaker 2: did not speak to that. They spoke to our emotion
• 1:22:58
  Speaker 2: about how we feelorry about what happened. Look strong, Mayor,
• 1:23:02
  Speaker 2: your staff, city manager, Citi's listener, if you're listening to
• 1:23:06
  Speaker 2: this broadcast this morning, you are the leaders of the city.
• 1:23:11
  Speaker 2: Your job is to bring the owner into compliance. Right
• 1:23:15
  Speaker 2: if he cannot run an establishment where nine people are shot,
• 1:23:20
  Speaker 2: shut him down, don't give them a permit, make it
• 1:23:24
  Speaker 2: difficult for him to do business in the city of Cincinnati.
• 1:23:28
  Speaker 2: But don't scream about you love black people, black lives matter,
• 1:23:31
  Speaker 2: putting murals on the front of city Hall. But when
• 1:23:35
  Speaker 2: it counts, when we need you, when we need you
• 1:23:38
  Speaker 2: to show that you actually care, you do nothing. You
• 1:23:42
  Speaker 2: don't empower our police department to do their job. You
• 1:23:45
  Speaker 2: don't say I love my police and we need you
• 1:23:48
  Speaker 2: now to do everything you can to find the people
• 1:23:52
  Speaker 2: that shot nine people.
• 1:23:53
  Speaker 4: If that was one of my.
• 1:23:54
  Speaker 2: Babies right now, I would be going nuts on this mayor.
• 1:23:58
  Speaker 2: I would be going nuts on this city manager. I
• 1:24:01
  Speaker 2: would be going nuts on the city solicit heer all
• 1:24:03
  Speaker 2: nine members of council because they are not showing the
• 1:24:06
  Speaker 2: leadership for this not to happen again. Brian Thomas, well.
• 1:24:09
  Speaker 1: Thank god your daughter wasn't implicated, because you are already
• 1:24:13
  Speaker 1: going nuts on the administration. I appreciate it.
• 1:24:15
  Speaker 2: She wouldn't be at it. She would not be at
• 1:24:17
  Speaker 2: an event like that, brother, because I'm a dad that
• 1:24:19
  Speaker 2: is absolutely on it. Even into her twenties. She understands
• 1:24:23
  Speaker 2: what the boundaries are. They're great parents out there, single
• 1:24:27
  Speaker 2: moms every day who wake up and do everything they
• 1:24:30
  Speaker 2: can for their families. The ninety nine percent of the
• 1:24:33
  Speaker 2: people that went to that event, law abiding citizens. Has
• 1:24:36
  Speaker 2: nothing to do with it. But guess what happened. We
• 1:24:39
  Speaker 2: had a owner who did not control that. Listen, you
• 1:24:43
  Speaker 2: can say, oh, he's snuck it in. Don't bring these groups, Brian.
• 1:24:48
  Speaker 2: No one told him to bring this particular DJ to
• 1:24:52
  Speaker 2: the city of Cincinnati. If he cannot handle the crowd,
• 1:24:56
  Speaker 2: don't bring them here. That's what I'm trying to say, Brian.
• 1:24:59
  Speaker 2: And if you you've got a strong mayor, you've got
• 1:25:01
  Speaker 2: nine members of council, you've got a city solicitor, Please
• 1:25:04
  Speaker 2: don't get on the mic and act like you don't
• 1:25:07
  Speaker 2: have any power to do anything while you have a
• 1:25:09
  Speaker 2: neural at the front of your city hall that says
• 1:25:13
  Speaker 2: black lives matter.
• 1:25:14
  Speaker 1: Well, it was just two days after DJ Fresh Day
• 1:25:17
  Speaker 1: Proclamation from twenty twenty five. Interesting that maybe you can
• 1:25:20
  Speaker 1: comment on that as well more with Christopher Smithman a
• 1:25:23
  Speaker 1: true Smith event. Yes it is deep talk station brag
• 1:25:28
  Speaker 1: as hell, but I'm not gonna take this anymore. That's
• 1:25:31
  Speaker 1: Christopher Smithman today and every Monday with a Smith Event.
• 1:25:34
  Speaker 1: It's feven forty two right now. But about KRCD Talk Station, Christopher,
• 1:25:37
  Speaker 1: you suggested that DJ Fresh one of the performers at
• 1:25:40
  Speaker 1: the nightclub over the weekend. Perhaps one of the reasons
• 1:25:43
  Speaker 1: you went did he draw an unsavory crowd or something
• 1:25:45
  Speaker 1: was was he is he known to draw audiences that
• 1:25:48
  Speaker 1: engage in I don't know. We'll call it criminal behavior
• 1:25:51
  Speaker 1: to boil it down. What's the story on that?
• 1:25:53
  Speaker 2: Yeah, I don't know. All I can say is that, Yeah,
• 1:25:56
  Speaker 2: all I can say is that the owner hosted the
• 1:26:01
  Speaker 2: party and it's his house. And at the same time,
• 1:26:06
  Speaker 2: he admitted that he was responsible for controlling the door,
• 1:26:11
  Speaker 2: meaning he's clearly right, and he had the metal detectors
• 1:26:15
  Speaker 2: their conversations about whether they were working or not. I
• 1:26:18
  Speaker 2: don't know, but he was responsible for that and at
• 1:26:21
  Speaker 2: the end of the day, the buck stops with him,
• 1:26:24
  Speaker 2: and so he didn't turn that over to the producers.
• 1:26:28
  Speaker 2: Are the people that were coming there at a party.
• 1:26:31
  Speaker 2: He remained or retained control of his facility, which makes
• 1:26:36
  Speaker 2: him responsible. Look, Brian, I want to say one other
• 1:26:39
  Speaker 2: thing here, because I know our time. I want to
• 1:26:41
  Speaker 2: send my big hats off to our troops. You know,
• 1:26:45
  Speaker 2: I have a son who has served and is serving.
• 1:26:48
  Speaker 2: He's back, he served active duties back as you know,
• 1:26:50
  Speaker 2: and he's doing National Guard stuff. But we got troops
• 1:26:53
  Speaker 2: all over the world, parents, you know, who are supporting
• 1:26:56
  Speaker 2: their families. They've got husbands and wives and daughters and
• 1:27:01
  Speaker 2: sons who are serving. My hat goes off to them.
• 1:27:06
  Speaker 2: My prayers go off to them. The servicemen that lost
• 1:27:09
  Speaker 2: their life, you know, and who were injured, my hats
• 1:27:12
  Speaker 2: go off to them. I want to be very clear
• 1:27:14
  Speaker 2: that I am pro America. So if you're listening to me,
• 1:27:17
  Speaker 2: I love the United States of America, I love our flag.
• 1:27:22
  Speaker 2: And that this is not me saying that America is perfect.
• 1:27:25
  Speaker 2: We are an experiment. But that doesn't mean that I
• 1:27:29
  Speaker 2: don't love this country and the benefits that I get
• 1:27:32
  Speaker 2: from this country. We have a president who made a
• 1:27:36
  Speaker 2: decision that lots of other presidents had not made. Right,
• 1:27:40
  Speaker 2: I don't have enough information. I'm not the CIA to know. Okay,
• 1:27:44
  Speaker 2: was this the right decision? This is when you say
• 1:27:47
  Speaker 2: I support my country, I support the president to do nothing.
• 1:27:51
  Speaker 2: Congress that always sits out there over the next week
• 1:27:54
  Speaker 2: and says, oh, man, we've got to convene. You didn't
• 1:27:58
  Speaker 2: come tell me we're gonna take vote. Go take your votes,
• 1:28:02
  Speaker 2: Go do what you're gonna do, whatever you're gonna do,
• 1:28:04
  Speaker 2: which is gonna be nothing. And so that is why
• 1:28:07
  Speaker 2: we don't make progress in this country and in this world.
• 1:28:09
  Speaker 2: Bottom line is, this is a country that has been
• 1:28:12
  Speaker 2: screaming death to America for forty seven years. We finally
• 1:28:18
  Speaker 2: have a president that believes them, and so stop saying
• 1:28:23
  Speaker 2: it around the world. I would say over the next
• 1:28:26
  Speaker 2: three years. That's the lesson. Don't convene all your generals
• 1:28:29
  Speaker 2: and your leaders in one room while you are saying
• 1:28:32
  Speaker 2: death to America. You might want to spread out two
• 1:28:36
  Speaker 2: on two, two on two, maybe fifty targets are the
• 1:28:41
  Speaker 2: zoo con But it was a bad idea to say
• 1:28:45
  Speaker 2: death to America and then everybody get together for a meeting.
• 1:28:48
  Speaker 2: Lesson learned. But at the end of the day, we
• 1:28:51
  Speaker 2: have to be about the business of supporting our leaders.
• 1:28:55
  Speaker 2: When they are making decisions like this and most importantly,
• 1:28:58
  Speaker 2: supporting our troops. I'm tired of all this anti American
• 1:29:01
  Speaker 2: stuff coming from our Congress and our leaders about what
• 1:29:04
  Speaker 2: they would do if they want to be the president.
• 1:29:06
  Speaker 2: Run for president of the United States of America in
• 1:29:09
  Speaker 2: the next three years. Put your name on the ballot,
• 1:29:11
  Speaker 2: and let's see if Americans choose you. If not, go
• 1:29:15
  Speaker 2: take a vote, Go do something. But stop condemning every
• 1:29:18
  Speaker 2: move that's coming out of the White House. From what
• 1:29:20
  Speaker 2: I've seen, the people in Iran are very happy about
• 1:29:24
  Speaker 2: the outcome. Right now, they're in the streets. They're saying,
• 1:29:27
  Speaker 2: I want change. This probably will go down as a
• 1:29:30
  Speaker 2: game changer for the Middle East. Yes, for a lot
• 1:29:33
  Speaker 2: of reasons. But at the end, here's what I want
• 1:29:35
  Speaker 2: to say. This is a country that is killed a
• 1:29:38
  Speaker 2: lot of Americans. That's a fact. I don't know how
• 1:29:40
  Speaker 2: many they've killed, but they've killed a lot of Americans.
• 1:29:44
  Speaker 2: Let's at least give this White House the room right
• 1:29:48
  Speaker 2: to see where this thing plays out before we start
• 1:29:51
  Speaker 2: condemning them. And we don't even have enough information to
• 1:29:54
  Speaker 2: know where this thing is going.
• 1:29:55
  Speaker 4: No, we do not.
• 1:29:56
  Speaker 1: And the other interesting thing is that I've been commented
• 1:29:58
  Speaker 1: about this. I'm not the only one all of different
• 1:30:00
  Speaker 1: Arab nations that the Iranians launched missiles into. I think
• 1:30:03
  Speaker 1: they thought the expectation was that would bring about pressure
• 1:30:07
  Speaker 1: on the United States to back off, to enter into
• 1:30:11
  Speaker 1: a pause, so more discussions and more peace discussions and
• 1:30:16
  Speaker 1: negotiation could take place. But they came out and criticized
• 1:30:19
  Speaker 1: the run for the response. They didn't criticize the United States.
• 1:30:22
  Speaker 1: I think they all are looking for future stability in
• 1:30:25
  Speaker 1: the region, a stability that is made impossible because of
• 1:30:29
  Speaker 1: the Iranians. Thus far, one.
• 1:30:31
  Speaker 2: Hundred percent Americans out here listening to the two of us, right,
• 1:30:36
  Speaker 2: have to understand that there are times that things are
• 1:30:39
  Speaker 2: happening in other countries that are the interest of America.
• 1:30:43
  Speaker 2: Meaning this is a sponsor. This country sponsors terrorism around
• 1:30:49
  Speaker 2: the world. Right, They are responsible for the murder of
• 1:30:54
  Speaker 2: lots of Americans, our soldiers. And so this president just said, listen,
• 1:31:00
  Speaker 2: I'm trying to negotiate with you about your nuclear your
• 1:31:03
  Speaker 2: desire to get a nuclear weapon. If Iran gets a
• 1:31:05
  Speaker 2: nuclear weapon, they're saying death to America. We should all
• 1:31:08
  Speaker 2: assume that they're gonna point their missiles towards us, all
• 1:31:11
  Speaker 2: of them. You heard the President say, listen, I'm going
• 1:31:13
  Speaker 2: to clean this up for many generations coming after me,
• 1:31:16
  Speaker 2: meaning I'm gonna make the Middle East a more stable place.
• 1:31:20
  Speaker 2: We're gonna make sure that Iran stops doing what they're doing.
• 1:31:24
  Speaker 2: And all I ask, if I would say anything, if
• 1:31:26
  Speaker 2: I could talk to the White House, which I can't,
• 1:31:28
  Speaker 2: is to say, let's get it done right the first time,
• 1:31:31
  Speaker 2: so that we're not coming back, no troops on the ground,
• 1:31:35
  Speaker 2: and let's let Israel do their work and let the
• 1:31:37
  Speaker 2: people of Iran rise up, which is what it looks
• 1:31:40
  Speaker 2: like they're doing, and take their country back and have
• 1:31:43
  Speaker 2: their own self determination. But let's not forget that this
• 1:31:47
  Speaker 2: is a country that has been saying death to America
• 1:31:51
  Speaker 2: for forty seven years. This president said, I believe them.
• 1:31:56
  Speaker 2: I believe that that's what they feel. They're killing us
• 1:31:59
  Speaker 2: from time the time with these terrorist attacks. And all
• 1:32:02
  Speaker 2: I'm saying is I'm not a person for war. I'm
• 1:32:04
  Speaker 2: not a person that wants violets. That's not where my
• 1:32:06
  Speaker 2: head is. But I also understand that times war is
• 1:32:10
  Speaker 2: a necessary part of the work that we do in
• 1:32:13
  Speaker 2: this country, and at this time we should all be
• 1:32:15
  Speaker 2: unifying around the White House. I don't care who the
• 1:32:17
  Speaker 2: president is. If it's Obama, if it's Bush, if it's Clinton,
• 1:32:21
  Speaker 2: it doesn't matter if it's Reagan. We get behind our
• 1:32:24
  Speaker 2: president and we see this through. That's what elections are about.
• 1:32:28
  Speaker 1: Well, and I will acknowledge and point out up front
• 1:32:31
  Speaker 1: unexpected comments. This not just the Arab nations supporting us
• 1:32:34
  Speaker 1: in our actions. Germany, France and UK, which of course
• 1:32:37
  Speaker 1: didn't participate in the strikes, said yesterday they will take
• 1:32:40
  Speaker 1: steps to the steps to defend their interest and those
• 1:32:42
  Speaker 1: of our allies in the region, potentially through enabling necessary
• 1:32:45
  Speaker 1: and proportionate defensive action to destroy Iran's capability to fire
• 1:32:49
  Speaker 1: missiles and drones at their source. Sounds to me like
• 1:32:52
  Speaker 1: the EE or the NATO countries are also on board
• 1:32:55
  Speaker 1: the suggestion we need to emasculate Iran now while we
• 1:32:59
  Speaker 1: have the CHAN, So let's take care of business. Krc
• 1:33:02
  Speaker 1: D Talk station eight oh six at Pity five KRCD
• 1:33:08
  Speaker 1: Talk Station Thomas right here, wishing everybody very happy Monday listener,
• 1:33:11
  Speaker 1: launch the works Pizza cod downtown Lowland on Wednesday. It
• 1:33:14
  Speaker 1: is Monday and it is this time when we always
• 1:33:16
  Speaker 1: talk to Monday Monday, Brian James. Monday Monday is the
• 1:33:19
  Speaker 1: time of week and thanks to all Worth Financial flowing
• 1:33:21
  Speaker 1: now Brian James to talk about these topics, most notably
• 1:33:24
  Speaker 1: uh the impact on the conflict going on the Middle
• 1:33:28
  Speaker 1: East called a war. If you want on the market,
• 1:33:30
  Speaker 1: Brian James, Welcome back to the Morning Show. I'm staring
• 1:33:32
  Speaker 1: at the Wall Street Journal cover or front page here
• 1:33:34
  Speaker 1: dow Jones looking down a little over a point same
• 1:33:37
  Speaker 1: thing with SMP five hundred, nasdacked out a little bit
• 1:33:40
  Speaker 1: more north of a point and a half, although really
• 1:33:42
  Speaker 1: not as bad as I would have thought the markets
• 1:33:44
  Speaker 1: would be in terms of futures. Welcome back to my friend.
• 1:33:46
  Speaker 1: It's good heaving. You want to talk about these things.
• 1:33:48
  Speaker 3: Yeah, I wish we had happier headlines to talk about.
• 1:33:51
  Speaker 6: You know, here we go again with a little bit
• 1:33:54
  Speaker 6: of a war in the Middle East, and yeah, I
• 1:33:55
  Speaker 6: think we can go ahead and fairly call it a war.
• 1:33:57
  Speaker 6: I'm not sure what else happens over there so so far. Yeah,
• 1:34:00
  Speaker 6: like you said, nothing surprising is happening with regard to
• 1:34:05
  Speaker 6: the economics and markets and so on and so forth.
• 1:34:07
  Speaker 6: The stock markets are down because, as we know, we
• 1:34:10
  Speaker 6: don't like the lack of visibility. That's really the challenge
• 1:34:13
  Speaker 6: that the market faces every time there's headlines like this.
• 1:34:17
  Speaker 6: And of course, as you would not be surprised to hear,
• 1:34:19
  Speaker 6: oil futures are up about nine percent. Fill up now
• 1:34:22
  Speaker 6: if you haven't already, But I have a feeling that
• 1:34:24
  Speaker 6: overnight the price isn't the gas pump changed anyway, you
• 1:34:27
  Speaker 6: may have missed your window.
• 1:34:29
  Speaker 3: Surely, don't need to make light of any of this.
• 1:34:30
  Speaker 6: Obviously, there's a lot going on here, and this is
• 1:34:32
  Speaker 6: these are scary times. They were scary before this happened,
• 1:34:34
  Speaker 6: and they just got a little bit worse. But as
• 1:34:37
  Speaker 6: far as what the economic impact and all that stuff is,
• 1:34:40
  Speaker 6: right now, we're kind of following the pattern down or
• 1:34:43
  Speaker 6: oil up, stocks down.
• 1:34:45
  Speaker 3: With the exception of the defense sector.
• 1:34:46
  Speaker 6: We're seeing companies like Lockheed Martin and raithing on all
• 1:34:49
  Speaker 6: those kind of companies are having a good day.
• 1:34:52
  Speaker 3: Unfortunately, because of the situation that we're all.
• 1:34:54
  Speaker 1: In military industrial complex. The whole world's clamoring for weapons
• 1:34:57
  Speaker 1: and missiles, and now they're all being dedicated to committed
• 1:35:00
  Speaker 1: to the Middle East, which presents a problem for a
• 1:35:02
  Speaker 1: lot of countries out there, but also for US in
• 1:35:03
  Speaker 1: our long term, potentially long term involvement in the conflict.
• 1:35:06
  Speaker 1: Lots of reporting about our stockpiles being depleted. So there
• 1:35:09
  Speaker 1: you go. Maybe you do need to invest in the
• 1:35:12
  Speaker 1: military industrial complex. At least you get a return on
• 1:35:14
  Speaker 1: your investment, notwithstanding the grave reality of why can I
• 1:35:18
  Speaker 1: ask you a question, Brian James, if we spin the
• 1:35:20
  Speaker 1: clock back, but basically a moment in time, OPEK had
• 1:35:25
  Speaker 1: a stranglehold on US. I remember the embargo back in
• 1:35:27
  Speaker 1: the seventies. I remember the price gasoling going up, I
• 1:35:29
  Speaker 1: remember gasoline lines. We didn't have much by way of
• 1:35:31
  Speaker 1: domestic production back then, But if, unfortunately we do now.
• 1:35:37
  Speaker 1: Do you think that the fact that we do have
• 1:35:39
  Speaker 1: so much more production of our own, either in our
• 1:35:42
  Speaker 1: backyard or maybe like the Canadian oil fields, or perhaps
• 1:35:45
  Speaker 1: because we took over ven as well as production, that
• 1:35:48
  Speaker 1: that has softened the blow of what might be more
• 1:35:51
  Speaker 1: worse economic news this morning.
• 1:35:53
  Speaker 6: Yeah, I think that's really one of the main reasons,
• 1:35:55
  Speaker 6: because it used to be kind of bipolar. There were
• 1:35:58
  Speaker 6: two teams, there was OPEC and everybody else. But that's
• 1:36:00
  Speaker 6: not really the question anymore. Because the US has opened
• 1:36:04
  Speaker 6: up a lot of its own oil reserves due to
• 1:36:07
  Speaker 6: law changes, technological changes with regard to fracking and so forth.
• 1:36:11
  Speaker 3: So you have a little bit of history here.
• 1:36:12
  Speaker 6: So so OPEC still represents about forty percent historically of
• 1:36:17
  Speaker 6: total crude output about eighty percent of proven oil reserves
• 1:36:21
  Speaker 6: around its members there, but it's not the sole price
• 1:36:24
  Speaker 6: center anymore. Global supply also includes a lot of oil
• 1:36:27
  Speaker 6: out of the US, USL, Brazil, Canada and other non
• 1:36:30
  Speaker 6: OPEC producers. So there's just more involvement that the auction
• 1:36:34
  Speaker 6: got bigger. There are more bidders out there to affect
• 1:36:37
  Speaker 6: the market. It's not just everybody sitting around waiting for
• 1:36:39
  Speaker 6: OPEC to tell us what to do.
• 1:36:40
  Speaker 1: Basic economic principles supply and demand, greater supply. Actually this
• 1:36:44
  Speaker 1: results in less volatility, which is a good thing. Question
• 1:36:47
  Speaker 1: considering this one element, the price of oil and its
• 1:36:51
  Speaker 1: global impact, that of course impacts the markets because we
• 1:36:54
  Speaker 1: of course have international investments through a four to one
• 1:36:56
  Speaker 1: case as well. But I wasn't shocked when you read
• 1:37:00
  Speaker 1: than numbers. Twenty percent of global oil consumption and almost
• 1:37:04
  Speaker 1: one quarter of global seaborne oil trade goes right there
• 1:37:07
  Speaker 1: through the Strait of Hormuz twenty one miles wide. With
• 1:37:10
  Speaker 1: shipping lanes only two miles across in each direction. It's tight,
• 1:37:13
  Speaker 1: it's close to Iran, it's right there, and by all
• 1:37:15
  Speaker 1: accounts this morning, it's been effectively shut down. They're concerned
• 1:37:19
  Speaker 1: about minds being placed and have all the problems will
• 1:37:22
  Speaker 1: go along with that. So you're you're looking at a
• 1:37:24
  Speaker 1: dense area there in terms of global oil shipment, but
• 1:37:27
  Speaker 1: it's not necessarily US that might be impact because my
• 1:37:30
  Speaker 1: understanding is, and I've read it this morning, eighty four
• 1:37:32
  Speaker 1: percent of the crude and eighty three percent of LNG
• 1:37:36
  Speaker 1: goes through the Strait is going for Asia, China, India, Japan,
• 1:37:40
  Speaker 1: and South Korea. Now might their economies be impacted by
• 1:37:43
  Speaker 1: the shutdown of the straits too?
• 1:37:45
  Speaker 6: Yeah, but everything is still connected as much as we
• 1:37:47
  Speaker 6: you know, the US is starting to take steps back
• 1:37:49
  Speaker 6: away from globalization, we still have customers all over the world,
• 1:37:53
  Speaker 6: So if their economies are are interrupted, then.
• 1:37:56
  Speaker 3: That's going to affect ultimately the US.
• 1:37:58
  Speaker 1: Yeah.
• 1:37:58
  Speaker 6: Well, so you know, there's there's really three paths that
• 1:38:01
  Speaker 6: we're watching here. The first would be I would say
• 1:38:04
  Speaker 6: a contained conflict, which means it just this, this is
• 1:38:06
  Speaker 6: what we've seen in the past. The strikes remain focused on,
• 1:38:10
  Speaker 6: you know, on the military types of targets, infrastructure stays undamaged,
• 1:38:15
  Speaker 6: and the horror moves stays open.
• 1:38:16
  Speaker 3: Oil could still go a little bit higher.
• 1:38:18
  Speaker 6: Of course, fear logistics is always a thing, but that
• 1:38:21
  Speaker 6: premium could go away, as you know, at once the
• 1:38:23
  Speaker 6: initial shock settles out and the oil flows proved to
• 1:38:26
  Speaker 6: not have been erupted. So if that happens, the US
• 1:38:29
  Speaker 6: economy will see it mostly through gasoline price increases, which
• 1:38:32
  Speaker 6: we've been through this before, and of course more talk
• 1:38:34
  Speaker 6: about inflation and.
• 1:38:35
  Speaker 3: So forth gets a little worse.
• 1:38:37
  Speaker 6: The bigger problem is is, as you kind of hinted
• 1:38:39
  Speaker 6: out already, is infrastructure. So if Iran is not able
• 1:38:42
  Speaker 6: to export as efficiently and quickly as they used to
• 1:38:45
  Speaker 6: be able to and maybe possibly you know, permanently, then
• 1:38:48
  Speaker 6: that's of course going to have a real loss of
• 1:38:50
  Speaker 6: supply Iran. As you mentioned, Iran's exports are still pretty concentrated,
• 1:38:54
  Speaker 6: so even if that's targeted, it's gonna make a lot
• 1:38:56
  Speaker 6: of difference because of that whole global supply chain.
• 1:38:58
  Speaker 3: This results in of course higher crew prices that would
• 1:39:01
  Speaker 3: hang around a little longer.
• 1:39:02
  Speaker 6: That's headline inflation, and again this is just this just
• 1:39:05
  Speaker 6: makes it a little bit worse than the idea that
• 1:39:07
  Speaker 6: this is a quieter disruption than we've normally seen. But
• 1:39:13
  Speaker 6: really I think the big thing is in anything that's
• 1:39:15
  Speaker 6: going to tie up the horror moves for more than
• 1:39:17
  Speaker 6: a week, that's really kind of the cutoff point where
• 1:39:19
  Speaker 6: we will be in somewhat uncharted waters. That's going to
• 1:39:22
  Speaker 6: have a more a bigger impact, possibly on macroeconomics, meaning
• 1:39:26
  Speaker 6: simply the bigger picture, not just a disruption, not just
• 1:39:28
  Speaker 6: anger at the gas pump, something that's going to trickle
• 1:39:30
  Speaker 6: through to more industry.
• 1:39:31
  Speaker 3: So we'll be watching this over the next week or
• 1:39:34
  Speaker 3: so to see what the final impact is.
• 1:39:35
  Speaker 1: Well, in your comments about globals, I mean oil is
• 1:39:37
  Speaker 1: expressed in global supply, and if you take Iron's global
• 1:39:40
  Speaker 1: supply out of it, you are obviously going to end
• 1:39:42
  Speaker 1: up with less on the market. Of course, more increased
• 1:39:45
  Speaker 1: price per barrel. I've read as high as one hundred
• 1:39:48
  Speaker 1: and ten, although I've seen as low as well. It
• 1:39:50
  Speaker 1: may spike to eighty. So there's this huge range of
• 1:39:53
  Speaker 1: may might and speculation and tea leaf reading what we'll
• 1:39:55
  Speaker 1: deal with when we come with it. But in terms
• 1:39:57
  Speaker 1: of the percentage of global out put. Do you know
• 1:40:00
  Speaker 1: offhand how much Iran represents in terms of that.
• 1:40:05
  Speaker 6: It's significant enough that it's going to leave a mark,
• 1:40:07
  Speaker 6: But like you said before, they're not the only provider anymore.
• 1:40:10
  Speaker 6: So we can look though at history and see what
• 1:40:12
  Speaker 6: the impact has been over time, and this will this
• 1:40:15
  Speaker 6: speaks directly to that question.
• 1:40:16
  Speaker 3: So in nineteen seventy.
• 1:40:17
  Speaker 6: Three, we had the Arab Israeli war, oil prices quadrupled
• 1:40:21
  Speaker 6: after OPEC put the embargo in place. Now that was,
• 1:40:23
  Speaker 6: of course, before our current situation where there are more
• 1:40:26
  Speaker 6: players in the oil game. Yes, nineteen seventy nine, that
• 1:40:29
  Speaker 6: was the Iranian Revolution and the oil prices roughly doubled then,
• 1:40:32
  Speaker 6: pretty significant disruptions to production, and that played a role
• 1:40:36
  Speaker 6: in what we like to talk about here all the
• 1:40:37
  Speaker 6: time in terms of stagflation and the FED tightening stance.
• 1:40:40
  Speaker 3: Back then.
• 1:40:41
  Speaker 6: Then we moved to nineteen ninety, oil prices doubled during
• 1:40:44
  Speaker 6: the Gulf War, but the US led coalition was able
• 1:40:47
  Speaker 6: to step in and prevent that from having a larger impact.
• 1:40:50
  Speaker 6: In two thousand and three, after nine to eleven, oil
• 1:40:53
  Speaker 6: prices kind of stayed relatively modest increases Right before the invasion,
• 1:40:58
  Speaker 6: and oil prices actually well right after because supply was
• 1:41:01
  Speaker 6: not severely disrupted during that war, believe or not, so
• 1:41:04
  Speaker 6: this can happen without disrupting the flow of oil. We'll
• 1:41:08
  Speaker 6: just see if all parties want to worry about that.
• 1:41:10
  Speaker 1: Well, And all I can interject is thank God for drill, baby, drill.
• 1:41:14
  Speaker 1: We are clearly in a much better position than we
• 1:41:16
  Speaker 1: were even a couple of decades ago. Brian James will continue,
• 1:41:19
  Speaker 1: We're going to find out this morning about artificial intelligence
• 1:41:23
  Speaker 1: driving volatility, that and more with Brian James stick around,
• 1:41:26
  Speaker 1: be right back after I mentioned speaking of energy USA insulation.
• 1:41:30
  Speaker 1: Actually I believe it was my son just the other
• 1:41:31
  Speaker 1: day talking about his friends complaining about these skyrocketing energy bills.
• 1:41:35
  Speaker 1: Station eight nineteen fifty about kar CD talk station Happy Monday,
• 1:41:41
  Speaker 1: Monday Monday with Brian James, Muller Financial pivoting over to
• 1:41:44
  Speaker 1: something that's driving a lot of fear, and I will
• 1:41:47
  Speaker 1: admit to having a little bit of fear about artificial
• 1:41:48
  Speaker 1: intelligence myself. Brian James don't understand it well enough, but
• 1:41:51
  Speaker 1: I do know it may very well impact the UH well,
• 1:41:54
  Speaker 1: a lot of people's jobs, a lot of people worried
• 1:41:56
  Speaker 1: about job security. But what is driving the vola flatility
• 1:42:00
  Speaker 1: about which you want to talk about this morning, Brian James.
• 1:42:03
  Speaker 3: Well, there's a few pieces to this, right.
• 1:42:04
  Speaker 6: So first off, AI is of course, just like anything,
• 1:42:08
  Speaker 6: is also playing a role in the algorithmic program trading,
• 1:42:11
  Speaker 6: so it's having a direct impact on transactions that do
• 1:42:15
  Speaker 6: drive volatility in the market. We shouldn't be shocked at that.
• 1:42:17
  Speaker 6: Every time there's a new technological innovation, it tends to
• 1:42:20
  Speaker 6: find its way into the place where people make most
• 1:42:22
  Speaker 6: of their.
• 1:42:22
  Speaker 3: Money, which is the stock market.
• 1:42:24
  Speaker 6: So that's definitely, of course a factor here, but also
• 1:42:28
  Speaker 6: just the overall idea that right now AI is the
• 1:42:31
  Speaker 6: catalyst driving the market. So there's always a catalyst pushing
• 1:42:34
  Speaker 6: the market in some direction, right. So the original Internet
• 1:42:37
  Speaker 6: wave in the late nineties when Yahoo and Google were
• 1:42:40
  Speaker 6: a thing, that that was the catalyst. Then then we
• 1:42:43
  Speaker 6: had real estate was a catalyst in the run up
• 1:42:46
  Speaker 6: to the two thousand and eight disaster, and then it
• 1:42:48
  Speaker 6: became mobile technology, social media, so on.
• 1:42:50
  Speaker 3: And so forth.
• 1:42:51
  Speaker 6: Now the flavor of the week is artificial intelligence, and
• 1:42:53
  Speaker 6: it pushes the markets in both directions. So let's take,
• 1:42:56
  Speaker 6: for example, a week ago I'm gonna read you two
• 1:42:58
  Speaker 6: headlines here from recent ups and downs in the market.
• 1:43:03
  Speaker 6: So this came out about six days ago, little less
• 1:43:06
  Speaker 6: than a week. US stocks rise after getting a reminder
• 1:43:09
  Speaker 6: of AI's potential upsides.
• 1:43:10
  Speaker 3: It's an ap news headline. Three days ago, US stocks
• 1:43:14
  Speaker 3: sink and oil prices.
• 1:43:15
  Speaker 6: Rise as worries about AI inflation and possible war hit
• 1:43:18
  Speaker 6: Wall Street. So AI is good news and bad news
• 1:43:21
  Speaker 6: pay apparently, depending on the mood that you're in.
• 1:43:24
  Speaker 1: Brian Thomas, Well, in terms of I think about it
• 1:43:26
  Speaker 1: in terms of investing, and my son is involved in
• 1:43:30
  Speaker 1: some trading and he's actually been doing quite well. But
• 1:43:32
  Speaker 1: you know, he gets something he's in for like five
• 1:43:34
  Speaker 1: minutes and he's out, he gets his five percent hit,
• 1:43:37
  Speaker 1: he goes home, and it really works. Who's going to
• 1:43:40
  Speaker 1: be doing, I mean, is artificial intelligence is going to
• 1:43:42
  Speaker 1: be making the sort of picking of stocks and the
• 1:43:44
  Speaker 1: selection of stocks along those lines. Is it going to
• 1:43:46
  Speaker 1: be I mean, I hate to say this out loud,
• 1:43:49
  Speaker 1: but removing you from an area of necessity.
• 1:43:52
  Speaker 6: Brian James, Well, that's not what we do anyway. So yeah,
• 1:43:56
  Speaker 6: we have very different approach in terms of that. What
• 1:43:58
  Speaker 6: you're talking about is day trading there and is already Yeah,
• 1:44:02
  Speaker 6: that's definitely not mean we're we're running the other way
• 1:44:04
  Speaker 6: from that approach. My role is to basically help people pull,
• 1:44:07
  Speaker 6: drag them back from the one tree that they're staring at,
• 1:44:10
  Speaker 6: so that you can see the entire forest of their situation,
• 1:44:13
  Speaker 6: figure out what their resources are, and frankly, what they
• 1:44:16
  Speaker 6: can get away with in retirement in terms of timing
• 1:44:19
  Speaker 6: and the cash flow and all that other fun stuff.
• 1:44:22
  Speaker 6: I am not worried about what stock XYZ is going
• 1:44:24
  Speaker 6: to do in the next five minutes versus ABC. Nothing
• 1:44:26
  Speaker 6: wrong with that approach, it's just a different I don't
• 1:44:28
  Speaker 6: think there's a lot of value in providing that to
• 1:44:30
  Speaker 6: other people because there's just too much, you know, there's
• 1:44:33
  Speaker 6: too much unpredictability in it.
• 1:44:35
  Speaker 3: And that's not what people tend to worry about anyway.
• 1:44:37
  Speaker 6: It's all it all tends to be about, how do
• 1:44:39
  Speaker 6: I take care of myself and my family, do what
• 1:44:40
  Speaker 6: I want to do without being changed at a desk
• 1:44:42
  Speaker 6: for the rest of my life at a little different approach.
• 1:44:44
  Speaker 1: And I guess the other component is you and I.
• 1:44:47
  Speaker 1: I don't think anybody really knows how this is ultimately
• 1:44:49
  Speaker 1: going to shake out. It's new technology, and quite often
• 1:44:51
  Speaker 1: it takes time for all of us to adjust to it.
• 1:44:53
  Speaker 1: And eventually the new technology makes way for new types
• 1:44:57
  Speaker 1: of jobs. And we since we can't necessarily envision where
• 1:45:00
  Speaker 1: these new industries and areas are right now when this
• 1:45:03
  Speaker 1: new technology is rolling out, it's almost like it's amazing
• 1:45:06
  Speaker 1: that we end up landing on our feet down the road,
• 1:45:08
  Speaker 1: given the gloom and doom stories we read about the
• 1:45:11
  Speaker 1: new technology. When we've been through this before.
• 1:45:13
  Speaker 6: Yeah, and this isn't new, And just because we're talking
• 1:45:15
  Speaker 6: about it this morning doesn't mean we're we are calling
• 1:45:18
  Speaker 6: the attention of the smart money in the world that
• 1:45:20
  Speaker 6: they should be looking at AI and figuring how to
• 1:45:22
  Speaker 6: how to use it in money management scenarios.
• 1:45:25
  Speaker 3: It's already happening. It's been happening for a while.
• 1:45:27
  Speaker 6: So there are AI driven trading systems that will literally
• 1:45:29
  Speaker 6: look across the entire order book, across all exchanges, and
• 1:45:33
  Speaker 6: they're looking for inefficiencies. I can buy something at this
• 1:45:36
  Speaker 6: store and send and sell it over here at this
• 1:45:38
  Speaker 6: other store and keep the difference.
• 1:45:40
  Speaker 3: That's really what the that's arbitrage.
• 1:45:42
  Speaker 6: Basically, AI can do it a lot more quickly than
• 1:45:44
  Speaker 6: humanize and even you know some of the past technological
• 1:45:47
  Speaker 6: tools we've out they had out there, Trades get executed
• 1:45:50
  Speaker 6: in milliseconds. Microstructural changes come around and uh, and those
• 1:45:55
  Speaker 6: are reacted to instantaneously, far different than when human beings
• 1:45:59
  Speaker 6: are the only ones pulling the levers.
• 1:46:01
  Speaker 1: Well, the speed at which we trade now, which you
• 1:46:03
  Speaker 1: just pointed out microseconds, is that ultimately, in the end,
• 1:46:07
  Speaker 1: that's an improvement that's working to our advantage. That it
• 1:46:10
  Speaker 1: doesn't take you communicating with some guy on a trading floor,
• 1:46:13
  Speaker 1: swap and paper with another guy on the trading floor
• 1:46:15
  Speaker 1: and engaging this longer process to get the trade done right.
• 1:46:18
  Speaker 6: Yeah, and then for those of you thinking, Okay, I'm
• 1:46:21
  Speaker 6: just a regular Joe, I want to take advantage of this.
• 1:46:23
  Speaker 6: How do I do it and keep my day job? Well,
• 1:46:25
  Speaker 6: you kind of really don't. Long gone are the days
• 1:46:28
  Speaker 6: where your broker would call you, leave you a message
• 1:46:31
  Speaker 6: on a pink slip of paper. Hey, what do you
• 1:46:32
  Speaker 6: think about X y Z call me back. No, we're
• 1:46:34
  Speaker 6: down to microseconds. Nobody cares what the end to customer
• 1:46:38
  Speaker 6: thinks of it. It's just going to happen because it
• 1:46:40
  Speaker 6: has to happen.
• 1:46:41
  Speaker 3: That quickly.
• 1:46:41
  Speaker 6: We don't get the the pleasure or the opportunity to
• 1:46:46
  Speaker 6: review and take a breath and think. That's where AI
• 1:46:48
  Speaker 6: is leading us away from that human moment where a
• 1:46:52
  Speaker 6: brain needs to stop and take a breath and think
• 1:46:53
  Speaker 6: about it.
• 1:46:54
  Speaker 3: I'm not sure that's all good, but that's what this
• 1:46:56
  Speaker 3: is about.
• 1:46:56
  Speaker 1: Speed speed, speed, speed, speed, speed, and just starting to
• 1:46:59
  Speaker 1: shout out of my head. Say with the frozen orange
• 1:47:01
  Speaker 1: juice market trading places, those days are gone, right and.
• 1:47:05
  Speaker 3: The g I Joe doll with the kung fu grip,
• 1:47:07
  Speaker 3: yeso is long and long in the past. That's right.
• 1:47:09
  Speaker 1: Another good one. It's just shy of eight twenty five.
• 1:47:12
  Speaker 1: We'll continue. We got one more to talk about everything
• 1:47:13
  Speaker 1: that's happened in the world. But look, the economy is
• 1:47:16
  Speaker 1: remaining resilient. That's five K the talk station A twenty
• 1:47:23
  Speaker 1: eight fifty five K see the talks station Rigga mcgonald
• 1:47:26
  Speaker 1: from Hudson and Suit on energy. What the Middle East
• 1:47:28
  Speaker 1: conflict's going to do to that and for you and
• 1:47:31
  Speaker 1: I we talked a little about that with Brian James
• 1:47:32
  Speaker 1: on the phone right now all Worth Financials. Brian James,
• 1:47:34
  Speaker 1: let's pivot over to some good news I guess Brian,
• 1:47:37
  Speaker 1: we got a resilient economy in spite of all the
• 1:47:40
  Speaker 1: chaos going on in the world.
• 1:47:42
  Speaker 6: Well, we do have the ability to see you usually
• 1:47:45
  Speaker 6: passed the chaos a little bit, and that's why, as
• 1:47:47
  Speaker 6: we were talking about earlier, the market doesn't completely collapse
• 1:47:50
  Speaker 6: with the kind of scary headlines we can get over
• 1:47:52
  Speaker 6: the weekend. At the end of the day, cooler heads
• 1:47:54
  Speaker 6: do prevail, and we realize that while we do have conflicts,
• 1:47:57
  Speaker 6: money still moves in a circle and we'll continue to
• 1:47:59
  Speaker 6: do so throughout We saw. You know, you can go
• 1:48:02
  Speaker 6: back through history and figure out in World War Two,
• 1:48:04
  Speaker 6: the stock market wasn't down, didn't It didn't just drop
• 1:48:06
  Speaker 6: off a cliff until it hit zero and then sit
• 1:48:09
  Speaker 6: there until the war was over and then we moved on.
• 1:48:11
  Speaker 3: That's not how it works. Money moves in a circle
• 1:48:13
  Speaker 3: no matter what.
• 1:48:14
  Speaker 6: So we do have the ability to still look at
• 1:48:15
  Speaker 6: the economy and just recognize that even if we're on
• 1:48:18
  Speaker 6: somewhat of a wartime footing, that doesn't mean that we
• 1:48:20
  Speaker 6: need to start making decisions drastically differently.
• 1:48:24
  Speaker 1: Well, what about producer inflation, what about consumer confidence and
• 1:48:27
  Speaker 1: jobless claims and all these things I know mortgage rates
• 1:48:29
  Speaker 1: have come down.
• 1:48:30
  Speaker 6: Yeah, and these so we're in a somewhat good situation
• 1:48:33
  Speaker 6: with regard to all this. There's always there's always something
• 1:48:36
  Speaker 6: to be scared about. But you mentioned like mortgage and
• 1:48:38
  Speaker 6: mortgage rates are moving in a positive direction. They are
• 1:48:41
  Speaker 6: down over the last couple three years. If you're somebody
• 1:48:44
  Speaker 6: who was stuck with an eight percent mortgage and you
• 1:48:46
  Speaker 6: were mad that you had to sign on the dotted
• 1:48:47
  Speaker 6: line with that interest rate on the form, well you
• 1:48:50
  Speaker 6: might want to start paying attention because we are getting
• 1:48:52
  Speaker 6: down into the lower sixes and it may be time
• 1:48:54
  Speaker 6: for you to pull the trigger on that refinance.
• 1:48:57
  Speaker 3: People have to move, and that that's not a choice
• 1:49:00
  Speaker 3: everybody gets.
• 1:49:00
  Speaker 6: So it does seem that housing situations are starting to
• 1:49:04
  Speaker 6: loosen up a little bit in terms of those who
• 1:49:07
  Speaker 6: didn't wanted to hold off for a better situation are
• 1:49:10
  Speaker 6: now starting to pull the trigger.
• 1:49:11
  Speaker 3: So we're starting to see a little more.
• 1:49:12
  Speaker 6: Flexibility there in a little bit more of a buyer's
• 1:49:15
  Speaker 6: market than we've seen lately.
• 1:49:16
  Speaker 1: Well that may be the case, but the home prices
• 1:49:19
  Speaker 1: themselves have not dropped. I mean, I would imagine with
• 1:49:21
  Speaker 1: a lower interest rate, the prices might increase, given that
• 1:49:25
  Speaker 1: more people might be inclined to jump into the market.
• 1:49:28
  Speaker 6: Oh yeah, this is definitely not about pricing. This is
• 1:49:30
  Speaker 6: about not the price of the house itself. It's the
• 1:49:33
  Speaker 6: overall cost of owning it. But with interest rates having dropped,
• 1:49:36
  Speaker 6: you know, if you look at the percentage decrease, we're
• 1:49:38
  Speaker 6: actually down about fifteen percent on interest rates. You go
• 1:49:41
  Speaker 6: down from eight to you know, six and a half,
• 1:49:42
  Speaker 6: then that's a larger chunk than you might be thinking.
• 1:49:46
  Speaker 6: So the monthly payment can be a little more palatable
• 1:49:50
  Speaker 6: now to somebody who knew they were going to have
• 1:49:51
  Speaker 6: to move in the relatively short term. So therefore, where
• 1:49:54
  Speaker 6: they weren't going to pull the trigger a couple of
• 1:49:55
  Speaker 6: years ago, we'll just grin and Barrett with this house
• 1:49:57
  Speaker 6: we're not really thrilled with anymore. Now we're in a
• 1:49:59
  Speaker 6: situation where people are saying, Okay, it's just time to
• 1:50:02
  Speaker 6: do this. It may not be perfect, but it's better
• 1:50:04
  Speaker 6: than it was, so let's go ahead and make the decision.
• 1:50:06
  Speaker 1: All right. In terms of jobless claims, I would think that, well,
• 1:50:10
  Speaker 1: given AI, it's going to perplace everybody's job and replace
• 1:50:13
  Speaker 1: it with a computer algorithm that might be a little
• 1:50:17
  Speaker 1: concern on that one. But where are we in terms
• 1:50:19
  Speaker 1: of the current jobless situation.
• 1:50:21
  Speaker 6: Well, late late February, initial jobless claims rose to about
• 1:50:24
  Speaker 6: two hundred and twelve thousand, up about four thousand from
• 1:50:27
  Speaker 6: the week before. That was below expectations. That was the
• 1:50:30
  Speaker 6: bumpy one. We got a little bit not too long ago.
• 1:50:33
  Speaker 6: The four week moving average slightly hired to about two
• 1:50:36
  Speaker 6: hundred and twenty thousand, So jobless claims relatively stable in
• 1:50:39
  Speaker 6: recent weeks. Now we'll see, we've got these these headlines
• 1:50:42
  Speaker 6: we just got over the weekend. We'll see if that
• 1:50:44
  Speaker 6: has a direct impact. I think it's going to take
• 1:50:45
  Speaker 6: a while for that to trickle all the way through
• 1:50:48
  Speaker 6: the economy to the jobless numbers. But at the same time,
• 1:50:50
  Speaker 6: people are paying attention and we're going to be thinking.
• 1:50:53
  Speaker 6: Businesses are going to be making big decisions based on visibility.
• 1:50:56
  Speaker 6: This is how we let off this whole this morning
• 1:50:58
  Speaker 6: was the market absolutely hates lack of visibility. It's not
• 1:51:01
  Speaker 6: scary headlines, we can handle that. It's the fact that
• 1:51:04
  Speaker 6: we can't really get a good feel and kind of
• 1:51:06
  Speaker 6: predict with any level of confidence what's coming. So therefore
• 1:51:10
  Speaker 6: companies tend to pull in and just get real conservative
• 1:51:13
  Speaker 6: in the shorter run. Here we'll see if that holds true.
• 1:51:16
  Speaker 1: Well, I know everybody's got the memos an election year
• 1:51:18
  Speaker 1: in November, Oh my god. And inflation is big concern.
• 1:51:20
  Speaker 1: Democrats are screaming affordability, affordability, affordability, and that may be
• 1:51:25
  Speaker 1: on the rise inflation just looking at the potential increase
• 1:51:29
  Speaker 1: in the price of oil, which obviously impacts literally everything
• 1:51:32
  Speaker 1: that we do. But where's inflation? At least as of
• 1:51:35
  Speaker 1: this moment in time.
• 1:51:36
  Speaker 6: Inflation is tame right now, We're not We're still stuck
• 1:51:40
  Speaker 6: at that kind of happy place, happy ish place where
• 1:51:43
  Speaker 6: we would really prefer, we would super like it to
• 1:51:45
  Speaker 6: be around two percent, but we're stuck around three And
• 1:51:48
  Speaker 6: we've been in this range for a long time now,
• 1:51:51
  Speaker 6: and so I think all bets are off now for
• 1:51:54
  Speaker 6: what we thought we knew over the past several months.
• 1:51:56
  Speaker 6: We need a little bit of time to let it
• 1:51:57
  Speaker 6: soak through with regard to what is what are oil prices, what.
• 1:52:01
  Speaker 3: Kind of impact is that going to have? And frankly,
• 1:52:04
  Speaker 3: how long is this going to last?
• 1:52:06
  Speaker 6: I think the real difference here it's not conflict in
• 1:52:08
  Speaker 6: the Middle East, because that's been around for a while,
• 1:52:11
  Speaker 6: that ebbs and flows.
• 1:52:12
  Speaker 3: It's the straight hoh horn moves. I think that's the
• 1:52:14
  Speaker 3: big difference. We have not had a.
• 1:52:15
  Speaker 6: Situation where it has been closed off for a period
• 1:52:17
  Speaker 6: for a long period of time, So that's gonna be
• 1:52:19
  Speaker 6: one of the big questions we have to answer over
• 1:52:21
  Speaker 6: the next couple of weeks.
• 1:52:22
  Speaker 1: Well, in spite of the whaling and nashing of teeth
• 1:52:24
  Speaker 1: about inflation, generally speaking, I see that the consumer confidence
• 1:52:27
  Speaker 1: has actually risen.
• 1:52:29
  Speaker 6: Yeah, and I think that is because, you know, as
• 1:52:32
  Speaker 6: I talk to you know, clients, every day, we see
• 1:52:35
  Speaker 6: these headlines. We're trying to plan around it, and people
• 1:52:37
  Speaker 6: react differently than they did in the you know, I've
• 1:52:40
  Speaker 6: been doing this for thirty years. People react differently now
• 1:52:42
  Speaker 6: than they used to. Used to be, these headlines were
• 1:52:45
  Speaker 6: absolutely deal killers and we just simply can't handle any
• 1:52:48
  Speaker 6: kind of volatility at all. Now it's just taken for granted.
• 1:52:52
  Speaker 3: This is no fun. The stinks. But I've seen it
• 1:52:54
  Speaker 3: before many, many times.
• 1:52:55
  Speaker 6: You know, I think a lot of people who are
• 1:52:58
  Speaker 6: you know, maybe near retirement age now, we're brought up
• 1:53:00
  Speaker 6: during the eighties and the nineties when there really weren't
• 1:53:03
  Speaker 6: any scary headlines at all. And now ever since the
• 1:53:06
  Speaker 6: turn of the century, it's been every couple three years
• 1:53:08
  Speaker 6: we have some showstopper of a headline that should terrify.
• 1:53:11
  Speaker 6: So I think we're becoming a little more numb to it.
• 1:53:13
  Speaker 6: Callus is a good thing, exactly, We've got a little
• 1:53:16
  Speaker 6: thicker skin and we are able to react, let things recover,
• 1:53:20
  Speaker 6: and then react versus reacting to the initial headline.
• 1:53:22
  Speaker 1: Well that's a great development.
• 1:53:23
  Speaker 2: You know.
• 1:53:23
  Speaker 1: Clickbait is what fuels those outrageous headlines, and so people
• 1:53:27
  Speaker 1: are finally coming around to the notion that just because
• 1:53:29
  Speaker 1: the headline is, oh my god, we're all gonna die
• 1:53:32
  Speaker 1: look back at history. No, that didn't happen, did it?
• 1:53:35
  Speaker 6: Maybe exempt from or maybe you know, maybe maybe we're
• 1:53:38
  Speaker 6: just not as you know, touchy as we used to be.
• 1:53:41
  Speaker 3: Hopefully we're acting. Yeah, well that's I was going a
• 1:53:44
  Speaker 3: little more positive, but you said it. I didn't.
• 1:53:46
  Speaker 1: Brian Jays, thank you for joining the program every Monday
• 1:53:49
  Speaker 1: to do money Monday, look forward to next Monday. And
• 1:53:51
  Speaker 1: another another informative topic was in station Hey forty fifty
• 1:53:57
  Speaker 1: five KCD talk station, Happy Monday. Try to make it
• 1:53:59
  Speaker 1: so anyway, and I guess gurd your lluin's for the
• 1:54:02
  Speaker 1: gas pump coming up. Thank you. Brigham Accown from the
• 1:54:05
  Speaker 1: Hudson Institute, our energy policy expert, joined the program this
• 1:54:08
  Speaker 1: morning to talk about just that maybe a little bit more.
• 1:54:10
  Speaker 1: Brigham account, Welcome back, my friends. Great having you on
• 1:54:12
  Speaker 1: this morning.
• 1:54:13
  Speaker 8: Hi Brian, thanks great to be with you.
• 1:54:15
  Speaker 1: Hudson dot Org is where you find Brigham in the
• 1:54:18
  Speaker 1: team at the Hudson Institute. I recommend you do that
• 1:54:20
  Speaker 1: all right straight at Horror Moves seems to be the bottleneck.
• 1:54:22
  Speaker 1: We got a problem there. It's effectively shut down from
• 1:54:24
  Speaker 1: while everything I've read this morning, they've been jamming the
• 1:54:27
  Speaker 1: GPS signals for the ships. They've threatened to blow them up.
• 1:54:29
  Speaker 1: They actually have attacked three of them. Fog of war's
• 1:54:32
  Speaker 1: a little difficult, but clearly with that much oil, like
• 1:54:35
  Speaker 1: twenty percent of the daily global consumption goes to that
• 1:54:38
  Speaker 1: tiny little stretch it is. And we talked about this
• 1:54:41
  Speaker 1: with Brian James a moment ago. Energy prices are going
• 1:54:44
  Speaker 1: to go up, and thankfully we ain't in the OPEC
• 1:54:46
  Speaker 1: dominant years back in the seventies. We're going to have
• 1:54:48
  Speaker 1: a better opportunity to to keep the supply up to
• 1:54:53
  Speaker 1: maybe it won't be as bad. What's your take on
• 1:54:55
  Speaker 1: this Brigham account.
• 1:54:57
  Speaker 8: Yeah, well, Brian, you've already nailed it. I don't even
• 1:55:00
  Speaker 8: need to say anything. No, in all seriousness, Yeah, this
• 1:55:05
  Speaker 8: straight over moves is not it's functionally disrupted. That disruption
• 1:55:10
  Speaker 8: has been driven by two things. Obviously the risk of
• 1:55:12
  Speaker 8: anti ship missiles and attacks from Iran and its proxies.
• 1:55:16
  Speaker 8: But really one of the things we're not talking about
• 1:55:18
  Speaker 8: yet you're going to hear a lot more about today
• 1:55:20
  Speaker 8: is a lot of this is going to be driven
• 1:55:21
  Speaker 8: by the insurance markets, not navies.
• 1:55:23
  Speaker 1: Yeah, I read that they're canceling the insurance policies. Effectively,
• 1:55:29
  Speaker 1: they are.
• 1:55:29
  Speaker 8: They are withdrawing their war risk coverage.
• 1:55:33
  Speaker 1: Think about that.
• 1:55:33
  Speaker 8: You can get insurance against war for the Persian Gulf,
• 1:55:36
  Speaker 8: and what that means is without the war risk insurance,
• 1:55:40
  Speaker 8: ship owners are reluctant to transit, charters will not contract,
• 1:55:44
  Speaker 8: and banks are not going to finance these voyages. So
• 1:55:47
  Speaker 8: hundreds of tankers are either anchored or erotic. Now, the
• 1:55:50
  Speaker 8: good news for America is, as you pointed out, we're
• 1:55:54
  Speaker 8: not dependent on Middle East or no oil aying longer,
• 1:55:56
  Speaker 8: and that twenty percent of world volume mainly headed to
• 1:55:59
  Speaker 8: a Yeah, and the number one supplier is China, So
• 1:56:03
  Speaker 8: they've got a bigger problem than we've got right now.
• 1:56:06
  Speaker 8: And you know, we'll see how long this goes on
• 1:56:09
  Speaker 8: for because as you know, there are stockpiles in place.
• 1:56:13
  Speaker 8: Most places have thirty to forty five days supply. Short
• 1:56:17
  Speaker 8: term prices are up about ten percent today. The longer term,
• 1:56:20
  Speaker 8: we'll see how long this lasts.
• 1:56:22
  Speaker 1: Well, you know, the litigation attorney to me that did
• 1:56:25
  Speaker 1: a lot of insurance coverage litigation is quick to sort
• 1:56:27
  Speaker 1: of glom onto the Wait a second, it sounds to
• 1:56:30
  Speaker 1: me like these insurers of these ships during offering these
• 1:56:33
  Speaker 1: wartime policies, maybe at a risk of a bad faith lawsuit.
• 1:56:36
  Speaker 1: It's like if my insurance company canceled my paid for
• 1:56:39
  Speaker 1: and in place fire insurance while a fire was raging
• 1:56:43
  Speaker 1: in my home. I could probably see them.
• 1:56:47
  Speaker 5: Yeah, I think you could.
• 1:56:48
  Speaker 8: And war risk insurance covers. I mean, this is this
• 1:56:51
  Speaker 8: is crazy stuff, right, covers, missile attacks, drone attacks, mines, terrorism.
• 1:56:58
  Speaker 8: This creates a mark driven choke point even without a blockade.
• 1:57:03
  Speaker 8: If the insurers are able to cancel.
• 1:57:05
  Speaker 1: Policies, well, it sounds meal like it's probably a dollar
• 1:57:08
  Speaker 1: for dollar coverage brig them.
• 1:57:11
  Speaker 8: Yeah it is. It's prepaid insurance, I guess, but you know,
• 1:57:15
  Speaker 8: I think you know. Back to oil price outlook, they're
• 1:57:18
  Speaker 8: elevated based on risk premium right, likely trading in the
• 1:57:22
  Speaker 8: load to mid eighties today there are futures around seventy
• 1:57:25
  Speaker 8: five to seventy eight. But what we'll call the markets
• 1:57:29
  Speaker 8: is restoration of the war risk insurance or a clear
• 1:57:32
  Speaker 8: protection of shipping lanes like the United States did back
• 1:57:35
  Speaker 8: during the Desert Storm War. When I was there, we
• 1:57:37
  Speaker 8: used the US flag tankers and US warship. That may
• 1:57:41
  Speaker 8: be a little bit different deal today. So far, the
• 1:57:46
  Speaker 8: US and it's coalition partners have hit more than a
• 1:57:48
  Speaker 8: thousand targets. The idea now that they have complete air
• 1:57:52
  Speaker 8: supremacy is to knock out everything that can launch something.
• 1:57:56
  Speaker 1: Well, given that China is so heavily relying on the
• 1:57:59
  Speaker 1: Iranian oil supply as with other Asian nations, doesn't this
• 1:58:02
  Speaker 1: provide an incentive for them to not try to protract this?
• 1:58:06
  Speaker 1: In other words, help the Iranians fend off this attack,
• 1:58:09
  Speaker 1: because if we get a stable irun in spite of
• 1:58:11
  Speaker 1: the fact they're no longer a thorn in the western side,
• 1:58:13
  Speaker 1: you know, militarily long term objective. It will free up
• 1:58:17
  Speaker 1: their oil and drive the prices down.
• 1:58:20
  Speaker 8: It will, And you know, what some people have pointed
• 1:58:23
  Speaker 8: to is a little bit of a three D chess
• 1:58:25
  Speaker 8: game going on. China has a lot of those critical
• 1:58:29
  Speaker 8: minerals we've talked about on the program, but they are
• 1:58:31
  Speaker 8: so highly reliant seventy plus percent on external oil sources.
• 1:58:35
  Speaker 8: Venezuela gone, Iran possibly gone. What's happening is their sources
• 1:58:40
  Speaker 8: of oil are being removed from the global market. That's
• 1:58:43
  Speaker 8: not by accident, that's intentional. So China doesn't want to
• 1:58:49
  Speaker 8: see the regime fail, and so I think one of
• 1:58:52
  Speaker 8: the things they'll be doing is try to broker a
• 1:58:54
  Speaker 8: peace deal. Hey guys, let's stop this. The more and
• 1:58:58
  Speaker 8: longer this goes on, and the more targets Iran hits,
• 1:59:01
  Speaker 8: including into the Gulf neighbors, the less appetite there is
• 1:59:04
  Speaker 8: to let this regime continue.
• 1:59:06
  Speaker 1: Well in timing is rather interesting, and some are suggesting
• 1:59:09
  Speaker 1: that the this was an intentional timing thing. We launched
• 1:59:12
  Speaker 1: the attack on Iran after we kind of shored things
• 1:59:15
  Speaker 1: up in Venezuela, keeping their supply of oil on and
• 1:59:18
  Speaker 1: actually maybe improving the supply of oil out of Venezuela.
• 1:59:21
  Speaker 1: The very corrupt and incompetent nation it well it probably
• 1:59:25
  Speaker 1: still is, but certainly was under the Maduro regime.
• 1:59:29
  Speaker 8: Well that's true. We'll have to see how Venzuela goes.
• 1:59:31
  Speaker 8: I think you know what the current administration has learned
• 1:59:34
  Speaker 8: is this notion of nation building hasn't gone so well.
• 1:59:36
  Speaker 8: It's on the ground not gone so well. So you
• 1:59:39
  Speaker 8: know the strategy they're applying and we'll see if it
• 1:59:42
  Speaker 8: works is eliminate the threat and move on. And if
• 1:59:45
  Speaker 8: you resume the threat, we'll come back and do it
• 1:59:48
  Speaker 8: to you again.
• 1:59:49
  Speaker 1: Breg McCown, I want to bring it back to ask
• 1:59:50
  Speaker 1: you about what's going on here in the state of Ohio.
• 1:59:53
  Speaker 1: Headline leaked GOP bill would allow for electric companies to
• 1:59:56
  Speaker 1: open care CD talk station. Brian Thomas with Hudson Institute
• 2:00:00
  Speaker 1: find them online at Hudson dot org. Bring him account
• 2:00:02
  Speaker 1: our energy policy expert. He does know what he's talking about.
• 2:00:05
  Speaker 1: I think all my listeners remember first Energy House Bill
• 2:00:07
  Speaker 1: six that resulted in the end of Larry Householder, the
• 2:00:10
  Speaker 1: trial of executives involved in it, kind of like a
• 2:00:12
  Speaker 1: pay to play scheme here, you bail me out with
• 2:00:15
  Speaker 1: a billion dollars because I have a struggling nuclear or
• 2:00:18
  Speaker 1: have struggling nuclear facilities, and we'll give you fat bank
• 2:00:20
  Speaker 1: and response. So that's still unfolding and playing out. But
• 2:00:24
  Speaker 1: I guess, first off, as we pivot over to this
• 2:00:26
  Speaker 1: new described as leaked GOP bill, why and how is
• 2:00:31
  Speaker 1: it that First Energy was struggling with their nuclear facilities
• 2:00:35
  Speaker 1: and even needed a bailout. I thought nuclear power was
• 2:00:37
  Speaker 1: good and it worked well, But is there something going
• 2:00:39
  Speaker 1: on behind the scenes, like maybe too many regulations or
• 2:00:42
  Speaker 1: something associated with using nuclear power? Brigham?
• 2:00:45
  Speaker 8: Yeah, the capital costs up front for nuclear power is enormous,
• 2:00:48
  Speaker 8: and that's something a current administration and secretary right is
• 2:00:51
  Speaker 8: trying to get under control of The last reactor, of course,
• 2:00:54
  Speaker 8: that went online down in Georgia, the volctal reactor, I think,
• 2:00:58
  Speaker 8: cost twice as much as it was expected to cost
• 2:01:01
  Speaker 8: from the beginning. That's frankly because of the permitting process
• 2:01:06
  Speaker 8: and not not yes, although government permitting not necessarily environmental permitting,
• 2:01:12
  Speaker 8: although that can play an issue, But the National Regulatory Commission,
• 2:01:17
  Speaker 8: the NRC, seems to have spent more time avoiding licensing
• 2:01:20
  Speaker 8: nuclear reactors during the history of its lifetime than it
• 2:01:24
  Speaker 8: has actually getting them done. Plus, the industry has some
• 2:01:28
  Speaker 8: fault here because there are not two reactors in America
• 2:01:31
  Speaker 8: that are the same. Right, It's like guys build the
• 2:01:34
  Speaker 8: same car, license it, and then build it again.
• 2:01:37
  Speaker 3: Not that hard.
• 2:01:38
  Speaker 1: Well, let me ask you a really quick sort of
• 2:01:40
  Speaker 1: tongue in cheet question, Briga mccawan. Does the military have
• 2:01:43
  Speaker 1: to go through the same regulatory process that people out
• 2:01:46
  Speaker 1: here in the real world go through? Because are my
• 2:01:48
  Speaker 1: submarine or friend curubage Mike's out there, he was on
• 2:01:51
  Speaker 1: a nuclear powered sub That thing had been in action
• 2:01:53
  Speaker 1: for like decades. That's what happens with nuclear powered subs
• 2:01:56
  Speaker 1: and aircraft carries in alike. The things last for like
• 2:01:59
  Speaker 1: twenty to forty years, and they've been used since the
• 2:02:02
  Speaker 1: late nineteen fifties. They have no problem with them, Brigham,
• 2:02:05
  Speaker 1: how come we can't have some of those?
• 2:02:07
  Speaker 8: Well they don't in the new versions of those reactors
• 2:02:09
  Speaker 8: may not even need to be refueled ever during the
• 2:02:13
  Speaker 8: entire fifty plus year lifespan. Yeah, you're right, And we're
• 2:02:18
  Speaker 8: talking about small modular reactors. Now, that's what the Navy's
• 2:02:21
  Speaker 8: done since frankly the nineteen fifties, and no, it is
• 2:02:25
  Speaker 8: a slightly differencing different program. The Bureau of Naval Reactors
• 2:02:30
  Speaker 8: in the Navy does talk closely with the DOE, but
• 2:02:34
  Speaker 8: the designs are simpler, they're consistent. We don't have eighty
• 2:02:39
  Speaker 8: nine designs. We have far fewer, so it's much easier
• 2:02:43
  Speaker 8: to do. But you know, Brian, you're really getting back
• 2:02:45
  Speaker 8: to diltimate questions. Why is the GOP wanting to return
• 2:02:50
  Speaker 8: and move us away from? Quite frankly, you know, we
• 2:02:56
  Speaker 8: moved away from utility companies being able to own their
• 2:03:00
  Speaker 8: own generation and allowing regulated utilities to own their own
• 2:03:05
  Speaker 8: generation inside a competitive market. It distorts wholesale pricing. It's
• 2:03:09
  Speaker 8: frankly not very capitalistic. And to your point that twenty
• 2:03:13
  Speaker 8: nineteen seemed yesterday, and I think they're going to have
• 2:03:15
  Speaker 8: some issues here.
• 2:03:16
  Speaker 1: Oh they are. And I got a kick out of this, shocking.
• 2:03:19
  Speaker 1: No one has any understanding of how legislation is written.
• 2:03:23
  Speaker 1: Local wcpo's Morgan Trouse seems like appalled at the idea
• 2:03:26
  Speaker 1: that this was the particular legislation we're talking about here
• 2:03:30
  Speaker 1: was co written by an energy company. That's what they do.
• 2:03:33
  Speaker 1: I mean, our elected officials don't know jack squat about energy,
• 2:03:37
  Speaker 1: so they have to rely on folks in the no
• 2:03:38
  Speaker 1: lobbyists for the energy companies. Right, stuff handed to the legislators,
• 2:03:42
  Speaker 1: they look at it, they have it explained to them.
• 2:03:44
  Speaker 1: It's pre prepared and if it looks appealing and as
• 2:03:46
  Speaker 1: it's written, it seems appealing and it's good for the Ohiolans,
• 2:03:49
  Speaker 1: then that's how you get something written. If you left
• 2:03:51
  Speaker 1: it to any one of our elected officials to literally
• 2:03:54
  Speaker 1: write something on their own, nothing would get done.
• 2:03:57
  Speaker 8: Yeah, well, if I may in our closing minutes.
• 2:04:00
  Speaker 1: Yeah.
• 2:04:00
  Speaker 8: The reason it distorts the market is you have two scenarios. One,
• 2:04:04
  Speaker 8: you have the utility companies that own all their stuff.
• 2:04:07
  Speaker 8: That's in several states other states like US, the electric
• 2:04:10
  Speaker 8: company buys power from a generator, a different company that
• 2:04:16
  Speaker 8: is privately backed, privately funded, hence private risk. When you
• 2:04:21
  Speaker 8: allow the utility company to own their own generation, now
• 2:04:25
  Speaker 8: that becomes a public risk and we're all going.
• 2:04:28
  Speaker 3: To pay for it.
• 2:04:30
  Speaker 1: Is that why our energy bills are going up? Brigham account?
• 2:04:32
  Speaker 1: You just have to answer that final question for a
• 2:04:34
  Speaker 1: part company. Mine have gone through the roof, and is
• 2:04:37
  Speaker 1: it just the price of energy. Is this the transmission
• 2:04:39
  Speaker 1: lines that they're busily rebuilding or extending. Why are we
• 2:04:42
  Speaker 1: all paying so much more on our energy bills?
• 2:04:45
  Speaker 8: Yeah, it's There are numerous factors, but the bottom line
• 2:04:49
  Speaker 8: is the energy company can just pass costs along to you.
• 2:04:52
  Speaker 8: There's no incentive not.
• 2:04:53
  Speaker 2: To do that.
• 2:04:54
  Speaker 1: And the old days they used to build it and
• 2:04:56
  Speaker 1: then recoup the cost after it was built. Right, Yes,
• 2:05:01
  Speaker 1: that's true, not the way it is anymore. That Sorry,
• 2:05:03
  Speaker 1: we have you, Brigham account to explain all these things
• 2:05:05
  Speaker 1: to us. We're going to get you back on the
• 2:05:06
  Speaker 1: show for a full hour in studio to talk broader
• 2:05:08
  Speaker 1: energy energy policy, and maybe we'll do that again real soon. Brigham.
• 2:05:13
  Speaker 1: I appreciate your willingness to come on the program and
• 2:05:15
  Speaker 1: talk with my listeners and me.
• 2:05:17
  Speaker 8: Absolutely, And you've just give me a couple of ideas
• 2:05:19
  Speaker 8: for charged conversation.
• 2:05:20
  Speaker 1: So glad you mentioned