1 00:00:00,200 --> 00:00:03,000 Speaker 1: Casey, I have a breaking news for you. Oh yeah, 2 00:00:03,080 --> 00:00:05,560 Speaker 1: what what's going on? I'm going to start this award 3 00:00:05,600 --> 00:00:09,879 Speaker 1: winning program on a Monday with breaking news. Groceries are 4 00:00:09,920 --> 00:00:10,760 Speaker 1: really expensive. 5 00:00:11,440 --> 00:00:13,480 Speaker 2: I don't know if you're breaking that news to anybody 6 00:00:13,560 --> 00:00:14,040 Speaker 2: right now. 7 00:00:14,880 --> 00:00:20,880 Speaker 1: So Sunday yesterday afternoon. By the way, what a horrible 8 00:00:20,920 --> 00:00:22,959 Speaker 1: idea to go on a Sunday afternoon. Used to be 9 00:00:23,000 --> 00:00:24,400 Speaker 1: you say, I'm going to go on a Sunday afternoon 10 00:00:24,440 --> 00:00:27,560 Speaker 1: to the grocery store because the crowds will be thin thin, 11 00:00:27,800 --> 00:00:29,720 Speaker 1: and it'll be fine and it'll be a quicker experience. 12 00:00:29,760 --> 00:00:32,360 Speaker 1: That is true. However, there's nothing left in the store. 13 00:00:32,479 --> 00:00:34,040 Speaker 2: Oh everybody went on Saturday. 14 00:00:34,159 --> 00:00:37,000 Speaker 1: Well, but it used to be that way. There's clearly 15 00:00:37,040 --> 00:00:39,760 Speaker 1: still issues with supply. It's not like this was some 16 00:00:39,840 --> 00:00:43,000 Speaker 1: super holiday weekend. It's not like it's fourth of July. 17 00:00:43,840 --> 00:00:46,800 Speaker 1: I would I would, I would understand that. But like 18 00:00:46,840 --> 00:00:49,080 Speaker 1: this happens quite a bit where if you go to 19 00:00:49,159 --> 00:00:52,960 Speaker 1: the store in the evening, especially on a weekend, you 20 00:00:53,120 --> 00:00:57,400 Speaker 1: have like they're just empty sections, like and it's bizarro 21 00:00:57,480 --> 00:01:01,360 Speaker 1: stuff too. Like Livy loves the bob Evans mac and cheese, 22 00:01:01,760 --> 00:01:04,000 Speaker 1: so I always try to get one of the family 23 00:01:04,040 --> 00:01:06,280 Speaker 1: size Bob Evans mac and cheese. I can split them up. 24 00:01:06,440 --> 00:01:08,600 Speaker 1: We're in the phase of using the fork now, which 25 00:01:08,640 --> 00:01:11,679 Speaker 1: is a wild and wacky adventure, and so I can, like, 26 00:01:11,720 --> 00:01:13,720 Speaker 1: you know, I can get four or five meals for 27 00:01:13,760 --> 00:01:16,039 Speaker 1: her out of one of those family size mac and cheese. 28 00:01:17,800 --> 00:01:20,320 Speaker 1: There are two sections of it. One sector is completely gone. 29 00:01:20,360 --> 00:01:22,960 Speaker 1: There's another section where they're kind hidden where they were 30 00:01:23,200 --> 00:01:25,560 Speaker 1: up near the deli. But there are a whole bunch 31 00:01:25,600 --> 00:01:28,040 Speaker 1: of things that were just gone or limited, very limited 32 00:01:28,040 --> 00:01:30,560 Speaker 1: in supply, or there was nothing good. So that's one 33 00:01:30,560 --> 00:01:33,280 Speaker 1: side of it. I got six bags of groceries, like 34 00:01:33,360 --> 00:01:39,800 Speaker 1: six little Walmart bags of groceries. No steak, no meat 35 00:01:39,880 --> 00:01:41,959 Speaker 1: like a lunch meat. But that's the it's not even 36 00:01:42,000 --> 00:01:44,800 Speaker 1: the good kind, right, it's the kind of probably you 37 00:01:45,240 --> 00:01:49,560 Speaker 1: inter some sort of you know, observational facility after you 38 00:01:49,600 --> 00:01:54,240 Speaker 1: eat it. But like six bags of groceries, I'm like 39 00:01:54,400 --> 00:01:56,520 Speaker 1: five or six years ago to cost me about fifty 40 00:01:56,600 --> 00:01:59,440 Speaker 1: bucks ninety dollars. 41 00:01:59,520 --> 00:02:03,680 Speaker 2: Yeah, the cost of everything so high. So Jim, he 42 00:02:03,800 --> 00:02:04,880 Speaker 2: loves the chocolate. 43 00:02:05,000 --> 00:02:05,760 Speaker 1: Jim is your husband. 44 00:02:05,840 --> 00:02:08,840 Speaker 2: Yeah, he likes the chocolate. Intimate's doughnuts. Yeah, yeah, kind 45 00:02:08,840 --> 00:02:13,120 Speaker 2: of like snap. I was reading the label on those recently, 46 00:02:13,160 --> 00:02:15,320 Speaker 2: and I was like, there's really no food in this 47 00:02:15,440 --> 00:02:19,040 Speaker 2: at all. But he found out that there's an Intimate's 48 00:02:19,080 --> 00:02:21,280 Speaker 2: wholesaler in Indianapolis. 49 00:02:21,360 --> 00:02:21,760 Speaker 1: Uh huh. 50 00:02:21,760 --> 00:02:23,520 Speaker 2: And he's like, oh, I'm gonna have to drive to 51 00:02:23,600 --> 00:02:26,120 Speaker 2: the north side of town because there are a dollar 52 00:02:26,200 --> 00:02:29,959 Speaker 2: a box there versus what they are at the grocery store. Now, 53 00:02:30,040 --> 00:02:32,480 Speaker 2: I don't know if any of that is true. He hasn't, 54 00:02:32,800 --> 00:02:35,800 Speaker 2: you know, gone through with it yet, but that's where 55 00:02:35,800 --> 00:02:37,919 Speaker 2: we're at. You're going to look for the wholesalers at 56 00:02:37,919 --> 00:02:38,400 Speaker 2: this point. 57 00:02:38,440 --> 00:02:40,760 Speaker 1: Well, so I was like, I was thinking about this 58 00:02:41,000 --> 00:02:44,520 Speaker 1: as I'm watching the things scale up every single time, 59 00:02:44,560 --> 00:02:46,320 Speaker 1: and I think most of our audience knows by now. 60 00:02:46,880 --> 00:02:50,040 Speaker 1: I am a very observant shopper, like I will get 61 00:02:50,040 --> 00:02:54,000 Speaker 1: the off brand wherever possible, I price point, like, I 62 00:02:54,120 --> 00:02:58,160 Speaker 1: try to do all the things right. And I'm watching 63 00:02:58,200 --> 00:03:01,919 Speaker 1: this thing go up and then there's the total and 64 00:03:01,960 --> 00:03:05,160 Speaker 1: then you have the sticker shock. But then you're also 65 00:03:05,280 --> 00:03:08,760 Speaker 1: I'm like, Okay, I can my family, I my wife works, 66 00:03:09,120 --> 00:03:10,760 Speaker 1: we can afford this. 67 00:03:11,000 --> 00:03:12,560 Speaker 2: So you weren't putting anything back. 68 00:03:13,400 --> 00:03:17,400 Speaker 1: No, I don't get as much as I used to 69 00:03:18,200 --> 00:03:22,120 Speaker 1: but I'm thinking, Okay, we can afford to pay this. 70 00:03:22,160 --> 00:03:25,519 Speaker 1: It's just money going out the door. But there's a 71 00:03:25,560 --> 00:03:28,920 Speaker 1: lot of people who can't, who can't do this, Like 72 00:03:29,000 --> 00:03:33,280 Speaker 1: where does this end? And it's a big reason why. 73 00:03:34,320 --> 00:03:37,720 Speaker 1: So I was going through the like I have a routine, right, 74 00:03:37,760 --> 00:03:39,240 Speaker 1: and I was just gonna get the same stuff, and 75 00:03:39,240 --> 00:03:40,760 Speaker 1: I'm like, I'd like to mix it up a little 76 00:03:40,760 --> 00:03:44,160 Speaker 1: bit this time. And mixing it up costs me probably 77 00:03:44,200 --> 00:03:47,680 Speaker 1: like twenty dollars. Yeah, that sucks, right, because I want 78 00:03:47,680 --> 00:03:49,680 Speaker 1: to do something a little different this time. I'd like 79 00:03:49,760 --> 00:03:52,280 Speaker 1: to get some new food in the house. Oh twenty 80 00:03:52,320 --> 00:03:55,040 Speaker 1: dollars extra, just to just have something different. Again, we're 81 00:03:55,080 --> 00:03:57,960 Speaker 1: talking all the frozen stuff that's probably rotting my insights. 82 00:03:58,000 --> 00:03:59,040 Speaker 1: We're not talking. 83 00:03:58,760 --> 00:04:01,400 Speaker 2: About to the top of the at Hey stuff. 84 00:04:01,080 --> 00:04:04,280 Speaker 1: The top of the line stuff here, and so you're 85 00:04:04,320 --> 00:04:06,040 Speaker 1: looking at this. This is why. 86 00:04:05,840 --> 00:04:06,280 Speaker 2: It's so. 87 00:04:07,800 --> 00:04:10,440 Speaker 1: Maddening to me that all of this time is being 88 00:04:10,440 --> 00:04:14,640 Speaker 1: wasted on things like redistricting, when neither the Republican nor 89 00:04:14,680 --> 00:04:16,480 Speaker 1: Democrat party is doing anything to help you at the 90 00:04:16,520 --> 00:04:17,119 Speaker 1: grocery store. 91 00:04:17,200 --> 00:04:18,000 Speaker 2: No nothing. 92 00:04:18,120 --> 00:04:19,880 Speaker 1: They're not doing anything to help you on the price 93 00:04:19,880 --> 00:04:23,159 Speaker 1: of anything, and yet they won't. They won't spend any 94 00:04:23,200 --> 00:04:26,000 Speaker 1: time on that. But they will go to the ends 95 00:04:26,040 --> 00:04:27,800 Speaker 1: of the earth. They will move heaven and earth to 96 00:04:27,839 --> 00:04:30,120 Speaker 1: pick up one more seat for themselves and their party 97 00:04:30,200 --> 00:04:31,320 Speaker 1: in the in the Congress. 98 00:04:31,440 --> 00:04:35,520 Speaker 2: Right, no special session to address the property tax issue. No, 99 00:04:35,960 --> 00:04:39,080 Speaker 2: but possibly a special session to keep them in power. 100 00:04:39,480 --> 00:04:45,920 Speaker 1: Yeah, and so my question to the politicians would be like, 101 00:04:46,000 --> 00:04:50,560 Speaker 1: where does this end? I mean, groceries continue to rise 102 00:04:50,560 --> 00:04:52,640 Speaker 1: in price. And it's also the maddening thing about well, 103 00:04:52,640 --> 00:04:56,320 Speaker 1: inflation is under control. Well, no, it's not. Because the 104 00:04:56,440 --> 00:05:00,160 Speaker 1: rising price, even though it's not rising as much or 105 00:05:00,200 --> 00:05:03,960 Speaker 1: it's gone back to more traditional levels of price increase, 106 00:05:04,600 --> 00:05:06,600 Speaker 1: all the price increases in the past four or five 107 00:05:06,680 --> 00:05:09,400 Speaker 1: years are a fact is a part of that. So 108 00:05:09,440 --> 00:05:13,720 Speaker 1: by the rising price, you're not undoing what you did before. Okay, 109 00:05:13,800 --> 00:05:19,400 Speaker 1: So they've stopped elevating you know, these historic levels. Okay, 110 00:05:19,400 --> 00:05:23,000 Speaker 1: But the historic level, the historic increase, is now a 111 00:05:23,080 --> 00:05:25,400 Speaker 1: part of the new everyday price. It's not like things 112 00:05:25,400 --> 00:05:30,440 Speaker 1: have gone backwards in price and wages have not kept up. No, 113 00:05:30,760 --> 00:05:35,400 Speaker 1: with the with the with the price increases of the 114 00:05:35,800 --> 00:05:36,520 Speaker 1: core stuff. 115 00:05:36,680 --> 00:05:38,760 Speaker 2: The thing that really drives me crazy at the grocery 116 00:05:38,800 --> 00:05:41,560 Speaker 2: store are some of the other items, the non edible 117 00:05:41,600 --> 00:05:48,000 Speaker 2: stuff like deodorant seven ninety nine for the deodorant. 118 00:05:47,480 --> 00:05:49,800 Speaker 1: For one, Yeah, no it's women deodorant. 119 00:05:49,800 --> 00:05:53,599 Speaker 2: More well, I don't know, I haven't priced out men's deodorant. Yeah, 120 00:05:53,640 --> 00:05:59,000 Speaker 2: but like toothpaste, these are yes, so ridiculous. The cost 121 00:05:59,080 --> 00:06:03,120 Speaker 2: of some of these things. Yeah, and you said you Costco. 122 00:06:03,680 --> 00:06:05,080 Speaker 2: How about that? Is that an option? 123 00:06:05,520 --> 00:06:07,760 Speaker 1: The problem I have with the Costco. Now, they're fine 124 00:06:07,839 --> 00:06:10,239 Speaker 1: for the diapers, the wipes, all that sort of stuff. 125 00:06:10,279 --> 00:06:13,000 Speaker 1: The problem I have with the Costco is I don't 126 00:06:13,040 --> 00:06:15,880 Speaker 1: have any room to put the stuff. 127 00:06:15,960 --> 00:06:19,760 Speaker 2: Yeah, you need some storage for right, like that bulky stuff. 128 00:06:19,960 --> 00:06:23,920 Speaker 1: I live a very uh while this this life appears 129 00:06:23,960 --> 00:06:26,760 Speaker 1: both sexy and groovy at the same time, I live 130 00:06:26,800 --> 00:06:31,720 Speaker 1: a very middle class existence. And my house yeah when 131 00:06:31,760 --> 00:06:35,120 Speaker 1: the factor in uh, there's three people living in there 132 00:06:35,640 --> 00:06:39,600 Speaker 1: and it's got uh what's it got? Three very uh 133 00:06:40,920 --> 00:06:44,159 Speaker 1: small bedrooms? Like it's like, I don't just don't have 134 00:06:44,400 --> 00:06:46,640 Speaker 1: you know, you can do it for the paper towels, 135 00:06:46,680 --> 00:06:48,080 Speaker 1: you do it for the toilet paper. I usually go 136 00:06:48,080 --> 00:06:49,320 Speaker 1: at the bending of the year. That'll last me for 137 00:06:49,360 --> 00:06:51,760 Speaker 1: the year. Okay, great, And the diapers and the wipes 138 00:06:51,800 --> 00:06:55,799 Speaker 1: and whatever. But I can't be buying bulk of meat 139 00:06:56,000 --> 00:06:58,200 Speaker 1: like it can't be buying like I have a you've 140 00:06:58,240 --> 00:07:00,600 Speaker 1: seen my house. I have a little pantry. I don't 141 00:07:00,640 --> 00:07:04,279 Speaker 1: have room for all of this stuff you need. 142 00:07:04,160 --> 00:07:06,080 Speaker 2: Like a meat freezer you can put in the garage. 143 00:07:06,080 --> 00:07:08,520 Speaker 1: Well, how much does that cost? Right? 144 00:07:09,120 --> 00:07:10,560 Speaker 2: How long would it pay for itself? 145 00:07:11,960 --> 00:07:14,400 Speaker 1: But the point of all this is it's not stopping. 146 00:07:15,760 --> 00:07:19,320 Speaker 1: You are being priced out of existence and your lawmakers, 147 00:07:19,320 --> 00:07:20,960 Speaker 1: and look, we can bring it back. We can bring 148 00:07:21,000 --> 00:07:23,600 Speaker 1: it back here to a state level. Look at what's 149 00:07:23,640 --> 00:07:24,920 Speaker 1: going on with energy prices. 150 00:07:26,120 --> 00:07:28,960 Speaker 2: That's going to be the new property tax. It is 151 00:07:29,880 --> 00:07:31,360 Speaker 2: Nikki Kell energy prices. 152 00:07:31,440 --> 00:07:34,240 Speaker 1: And we'll get into this with her on Thursday when 153 00:07:34,280 --> 00:07:37,560 Speaker 1: she joins US, had a fascinating opinion piece in the 154 00:07:37,560 --> 00:07:40,640 Speaker 1: Capitol Chronicle. Her opinion piece about why all of this 155 00:07:40,680 --> 00:07:44,520 Speaker 1: is happening, and she really, she really nailed what's going 156 00:07:44,560 --> 00:07:47,960 Speaker 1: on with this. And I know our old Paladi reporter 157 00:07:48,000 --> 00:07:51,280 Speaker 1: talks about this a lot. These SMRs, the lawmakers try 158 00:07:51,280 --> 00:07:55,080 Speaker 1: to act like there's some magic bullet, these small modular 159 00:07:55,080 --> 00:07:57,960 Speaker 1: reacts to the nuclear stuff. This nuclear stub hasn't worked. 160 00:07:58,000 --> 00:08:00,720 Speaker 1: These SMRs hasn't worked anywhere yet that I'm there's no 161 00:08:01,240 --> 00:08:02,720 Speaker 1: place where you can point to go. Look at this 162 00:08:02,840 --> 00:08:05,840 Speaker 1: entire city. You know, it doesn't it hasn't worked. You're 163 00:08:05,880 --> 00:08:08,680 Speaker 1: decades off if it ever does work. And yet you're 164 00:08:08,680 --> 00:08:11,360 Speaker 1: gonna pay for it the entire time because they're giving 165 00:08:11,360 --> 00:08:17,880 Speaker 1: away the farm to these mega buildings. And all right, 166 00:08:17,960 --> 00:08:20,200 Speaker 1: so anyway, I just I wanted to I didn't know 167 00:08:20,200 --> 00:08:20,960 Speaker 1: if you knew. 168 00:08:21,520 --> 00:08:25,040 Speaker 2: The grocery price. Yes, I was aware of that. 169 00:08:25,160 --> 00:08:27,840 Speaker 1: Okay, well, very good, I've I've then I was just 170 00:08:27,840 --> 00:08:29,040 Speaker 1: a waste of your time. I'm sorry. 171 00:08:29,160 --> 00:08:30,480 Speaker 2: No, I just want to make sure you were fully 172 00:08:30,720 --> 00:08:32,280 Speaker 2: demiserating together on a Monday. 173 00:08:32,440 --> 00:08:33,880 Speaker 1: Yeah. Well, and the other part of this is, and 174 00:08:33,880 --> 00:08:36,839 Speaker 1: I gotta get too break. What if someone loses a job, 175 00:08:37,760 --> 00:08:39,960 Speaker 1: right like in a in a let's say you're a 176 00:08:39,960 --> 00:08:40,760 Speaker 1: family of four. 177 00:08:40,920 --> 00:08:43,600 Speaker 2: That's why these they say people are job hugging now 178 00:08:43,760 --> 00:08:46,800 Speaker 2: instead of job hopping. Yeah, that's the whole thing we'll 179 00:08:46,920 --> 00:08:48,440 Speaker 2: get into, Okay, all right. 180 00:08:48,760 --> 00:08:51,880 Speaker 1: When we come back, I have a question. And an 181 00:08:51,920 --> 00:08:54,640 Speaker 1: event happened over the weekend. There was a record price 182 00:08:54,679 --> 00:08:58,319 Speaker 1: paid for something, and there's a story behind it. And I, 183 00:08:59,000 --> 00:09:01,520 Speaker 1: my wife and I had a long conversation about this, 184 00:09:01,679 --> 00:09:04,480 Speaker 1: about whether the person who is sort of the middleman 185 00:09:04,559 --> 00:09:09,600 Speaker 1: in all of this should be kicking himself, should be yes, 186 00:09:09,679 --> 00:09:16,040 Speaker 1: should be pleased, satisfied, have gratitude, or whether that person 187 00:09:16,080 --> 00:09:20,640 Speaker 1: should be sprinting to the tallest building imaginable. 188 00:09:20,880 --> 00:09:24,000 Speaker 2: Okay, you're listening to Kendall and Casey. It is ninety 189 00:09:24,040 --> 00:09:30,960 Speaker 2: three WIBC. 190 00:09:32,120 --> 00:09:37,560 Speaker 3: Yeah, we have to talk about a guy's situation and 191 00:09:37,600 --> 00:09:41,080 Speaker 3: how he should respond should be responding to it, because 192 00:09:41,600 --> 00:09:43,560 Speaker 3: my wife and I had a spirited debate on this. 193 00:09:43,640 --> 00:09:47,960 Speaker 1: We feel totally opposite about this. Before we do that, though, 194 00:09:47,960 --> 00:09:50,480 Speaker 1: It is a big day for me. Yeah, it is 195 00:09:50,480 --> 00:09:52,480 Speaker 1: the fiftieth anniversary of Born to Run. 196 00:09:52,600 --> 00:09:58,120 Speaker 2: It is today, so happy birthday, happy anniversary, Happy celebration day. 197 00:09:58,440 --> 00:10:01,240 Speaker 2: I mean it should be a national hall. Right, banks 198 00:10:01,240 --> 00:10:03,680 Speaker 2: are closed, stock market is not trading. 199 00:10:04,640 --> 00:10:08,280 Speaker 1: Born to Run most people wear this program. I am 200 00:10:08,280 --> 00:10:13,080 Speaker 1: a sizeable Bruce Springsteen fan, and Born to Run was 201 00:10:13,160 --> 00:10:17,120 Speaker 1: his sort of breakthrough album. He went from being this 202 00:10:17,240 --> 00:10:20,760 Speaker 1: guy who was sort of talked about as this unbelievable 203 00:10:20,800 --> 00:10:24,280 Speaker 1: live performer who had had basically no success selling albums, 204 00:10:24,320 --> 00:10:27,119 Speaker 1: and then he does this in nineteen seventy five, incredible 205 00:10:27,120 --> 00:10:32,359 Speaker 1: album which sort of became the sort of the blueprint 206 00:10:32,600 --> 00:10:35,360 Speaker 1: for what would become an incredible career. And it's an 207 00:10:35,360 --> 00:10:38,840 Speaker 1: album that changed my life and inspired me. And so today, 208 00:10:38,880 --> 00:10:41,080 Speaker 1: in honor of the fiftieth anniversary of Born to Run 209 00:10:41,280 --> 00:10:44,000 Speaker 1: with keV, will be my strowing all of our intros 210 00:10:44,040 --> 00:10:46,880 Speaker 1: with the eight fabulous tracks off of Born to Run. 211 00:10:48,360 --> 00:10:51,480 Speaker 1: And then I'll do a little Mellencamp to steal another 212 00:10:51,520 --> 00:10:54,000 Speaker 1: guy a little diddy later about that and how it 213 00:10:54,040 --> 00:10:55,760 Speaker 1: impacted me. And we have a new piece out. 214 00:10:55,960 --> 00:10:59,320 Speaker 2: Yeah, there's an article right now WIBC dot com Rob 215 00:10:59,400 --> 00:11:03,000 Speaker 2: Kendall list his top ten favorite Bruce Springsteen album. 216 00:11:03,240 --> 00:11:06,000 Speaker 1: I don't write very much anymore, but matt our boss said, Hey, 217 00:11:06,000 --> 00:11:08,320 Speaker 1: would you mind writing a little thing about what Born 218 00:11:08,360 --> 00:11:11,079 Speaker 1: to Run meant for you? Look, if you enjoy this 219 00:11:11,200 --> 00:11:14,520 Speaker 1: radio program each day, a big part of what you 220 00:11:14,600 --> 00:11:19,600 Speaker 1: hear is inspired a little bit by that. And so anyway, 221 00:11:19,600 --> 00:11:21,800 Speaker 1: if you'd like to read that, all the words are 222 00:11:21,800 --> 00:11:27,880 Speaker 1: incomplete sentences, proper punctuation, grammar, in the proper tenses. I 223 00:11:27,920 --> 00:11:31,199 Speaker 1: believe I have it pinned up at Robin Kendall on 224 00:11:31,240 --> 00:11:35,760 Speaker 1: Twitter if you'd like to do that, all right, So, okay, 225 00:11:35,840 --> 00:11:40,440 Speaker 1: so there was a record price paid for a sports card. 226 00:11:40,720 --> 00:11:41,480 Speaker 1: Over the weekend. 227 00:11:42,000 --> 00:11:45,920 Speaker 2: There was was a Michael Jordan and Kobe Bryant basketball card. 228 00:11:45,960 --> 00:11:48,480 Speaker 1: It's right they call it a dual Logo Man card. 229 00:11:48,559 --> 00:11:50,880 Speaker 1: So for what they they started doing this in the 230 00:11:50,880 --> 00:11:56,240 Speaker 1: two thousands is Jerry West was a famous basketball player 231 00:11:56,880 --> 00:12:02,480 Speaker 1: and his silhouette is the logo of the NBA. So 232 00:12:02,520 --> 00:12:04,920 Speaker 1: you see it on the court, see it on the jerseys. 233 00:12:05,280 --> 00:12:09,000 Speaker 1: It's become known as Logo Man. Jerry West is Logo Man. 234 00:12:09,440 --> 00:12:12,200 Speaker 1: And in the mid two thousands, these sports card companies 235 00:12:12,600 --> 00:12:15,199 Speaker 1: started taking they call them jersey cards, where they take 236 00:12:15,240 --> 00:12:17,720 Speaker 1: a piece of a game worn jersey and they insert 237 00:12:17,720 --> 00:12:20,480 Speaker 1: it in a piece of cardboard, and people pay exorbitate 238 00:12:20,559 --> 00:12:23,800 Speaker 1: prices for these things. They started making these logoman cards, 239 00:12:24,600 --> 00:12:26,800 Speaker 1: which were very rare, where they would take the logo 240 00:12:26,920 --> 00:12:29,280 Speaker 1: off of a jersey worn by a player put it 241 00:12:29,320 --> 00:12:32,959 Speaker 1: on a card. And this this two thousand and four, 242 00:12:33,120 --> 00:12:37,880 Speaker 1: two thousand and five exquisite Michael Jordan Kobe Bryant dual 243 00:12:37,960 --> 00:12:41,080 Speaker 1: Logoman autographed cards. So both of their signatures are on 244 00:12:41,080 --> 00:12:43,959 Speaker 1: this card, and both of their Logo Man patches are 245 00:12:43,960 --> 00:12:46,560 Speaker 1: on this card. It's sold casey are you ready for 246 00:12:46,600 --> 00:12:50,880 Speaker 1: this for twelve point nine three to two million dollars. 247 00:12:51,000 --> 00:12:53,920 Speaker 2: Yeah. So it's sold at Heritage Auctions over the weekend, 248 00:12:54,280 --> 00:12:58,320 Speaker 2: part of the summer Platinum Night Sports sale. Twelve point 249 00:12:58,400 --> 00:13:02,240 Speaker 2: nine million dollars for a basketball card. 250 00:13:02,360 --> 00:13:04,720 Speaker 1: Now, it came out that what mister wonderful is one 251 00:13:04,760 --> 00:13:06,079 Speaker 1: of the guys who bought this card. 252 00:13:06,160 --> 00:13:10,400 Speaker 2: Yeah, Kevin O'Leary actually bought this along with two other people, 253 00:13:11,000 --> 00:13:14,400 Speaker 2: and he said, this is the type of thing that 254 00:13:14,800 --> 00:13:19,840 Speaker 2: you accrue part of your portfolio. He likens it to 255 00:13:20,000 --> 00:13:24,319 Speaker 2: like a Jackson Pollock painting or warhaw. She says, it's 256 00:13:24,320 --> 00:13:28,840 Speaker 2: a very thin market, but it's an alternative asset class 257 00:13:28,880 --> 00:13:32,240 Speaker 2: and he's all in. Clearly he's all in if he's 258 00:13:32,280 --> 00:13:35,840 Speaker 2: willing to fork over twelve point nine million dollars for it. 259 00:13:35,960 --> 00:13:38,559 Speaker 1: Okay, So here is the interesting part of this story. 260 00:13:38,600 --> 00:13:43,320 Speaker 1: So Fanatics, which is a sports collector group they sell things, 261 00:13:43,320 --> 00:13:46,360 Speaker 1: et cetera, they had a post about this card and 262 00:13:47,600 --> 00:13:51,280 Speaker 1: in twenty thirteen, this is how much the sports memorabilia 263 00:13:51,320 --> 00:13:55,760 Speaker 1: market has gotten wacky. A guy bought this card in 264 00:13:55,800 --> 00:13:59,280 Speaker 1: twenty thirteen, so twelve years ago for twenty five thousand dollars. Yeah, 265 00:13:59,360 --> 00:14:02,719 Speaker 1: and they found the guy who bought the card. Now, 266 00:14:02,760 --> 00:14:07,280 Speaker 1: it turns out he had numerous offers to sell this card. 267 00:14:07,280 --> 00:14:09,920 Speaker 1: He refused to sell it, and then finally two years 268 00:14:09,960 --> 00:14:13,480 Speaker 1: later he relented and sold the card for one hundred 269 00:14:13,520 --> 00:14:16,360 Speaker 1: and seventy thousand dollars. So he bought it in twenty 270 00:14:16,400 --> 00:14:19,560 Speaker 1: thirteen for twenty five thousand. Yeah, he sold it for 271 00:14:19,640 --> 00:14:21,560 Speaker 1: one hundred and seventy thousand dollars. 272 00:14:21,520 --> 00:14:22,880 Speaker 2: He made a hundred fifty thousand. 273 00:14:22,920 --> 00:14:25,280 Speaker 1: Yeah, he made hundred fifty thousand dollars. However, so then 274 00:14:25,360 --> 00:14:28,480 Speaker 1: the guy whoever owned it bought it from him owned 275 00:14:28,520 --> 00:14:32,080 Speaker 1: it until this sale. So whoever owned bought it from 276 00:14:32,120 --> 00:14:34,240 Speaker 1: this guy bought it for one hundred and seventy thousand, 277 00:14:34,320 --> 00:14:37,160 Speaker 1: sold it for twelve point nine million. Right, So my 278 00:14:37,360 --> 00:14:40,760 Speaker 1: question is, if you're the dude who originally had it 279 00:14:40,840 --> 00:14:42,960 Speaker 1: and sold it for one hundred and seventy thousand and 280 00:14:43,000 --> 00:14:47,160 Speaker 1: made one hundred fifty thousand, would you be sick to 281 00:14:47,200 --> 00:14:50,440 Speaker 1: your stomach or would you be like, Hey, nobody can 282 00:14:50,480 --> 00:14:52,960 Speaker 1: predict the future. I made one hundred and fifty thousand. 283 00:14:53,040 --> 00:14:54,840 Speaker 1: I had ten years to do stuff with one hundred 284 00:14:54,840 --> 00:14:57,600 Speaker 1: and fifty thousand dollars. All's fair in love, war and 285 00:14:57,640 --> 00:15:00,920 Speaker 1: buying and selling, trading sports. Since where are you at 286 00:15:00,920 --> 00:15:01,200 Speaker 1: with this? 287 00:15:01,600 --> 00:15:05,400 Speaker 2: I have some mixed emotions about this, because, as you know, 288 00:15:05,840 --> 00:15:09,960 Speaker 2: the dude is in sports memberabilia and collectibles, and I 289 00:15:10,160 --> 00:15:14,080 Speaker 2: have at one point advised him to sell a magazine 290 00:15:14,840 --> 00:15:19,080 Speaker 2: which has turned around and sold again, yeah, for more 291 00:15:19,680 --> 00:15:21,120 Speaker 2: than what he originally is. 292 00:15:21,240 --> 00:15:24,200 Speaker 1: Like when you tell Jim, oh, gosh, when you tell 293 00:15:24,280 --> 00:15:26,000 Speaker 1: Jim to sell stuff, and do you say, get that 294 00:15:26,080 --> 00:15:28,560 Speaker 1: thing out of my house? You have too many of these? 295 00:15:28,840 --> 00:15:32,800 Speaker 2: No, it's more like the point is to sell, not buy. 296 00:15:32,960 --> 00:15:35,040 Speaker 2: Quit buying stuff, start selling stuff. 297 00:15:35,120 --> 00:15:37,320 Speaker 1: I don't think he understands that the point is to 298 00:15:37,360 --> 00:15:39,440 Speaker 1: sell and not buy things. I think that's well. 299 00:15:39,600 --> 00:15:42,960 Speaker 2: I think he does. There are some pieces that he has. 300 00:15:43,440 --> 00:15:47,360 Speaker 2: They are to have and to hold, oh, because he's 301 00:15:47,440 --> 00:15:50,880 Speaker 2: holding them in hopes that one day, yeah, they will 302 00:15:50,920 --> 00:15:53,800 Speaker 2: turn into a twelve million dollars item. 303 00:15:53,960 --> 00:15:56,200 Speaker 1: The first time I ever met, by the way, the 304 00:15:56,240 --> 00:15:59,200 Speaker 1: first time I ever met your husband, Like, I walked 305 00:15:59,200 --> 00:16:02,520 Speaker 1: into your house and it was like, huh, you got 306 00:16:02,520 --> 00:16:03,680 Speaker 1: trouble letting go of things? 307 00:16:05,200 --> 00:16:06,520 Speaker 2: You may can stilly go horder. 308 00:16:07,280 --> 00:16:09,480 Speaker 1: Well, he is in the collectors sense, right, in the 309 00:16:09,480 --> 00:16:12,280 Speaker 1: memorabilia sense, that is busy exactly right, right, right right. 310 00:16:12,400 --> 00:16:19,280 Speaker 1: So okay, So my wife said she wouldn't feel bad 311 00:16:19,320 --> 00:16:22,800 Speaker 1: at all because the guy. She's like, the guy made 312 00:16:22,800 --> 00:16:25,520 Speaker 1: one hundred and fifty thousand dollars. He's a dealer, he's 313 00:16:25,600 --> 00:16:28,400 Speaker 1: in the business of making money, which is basically the 314 00:16:28,440 --> 00:16:31,840 Speaker 1: flipping business. And he made one hundred and fifty thousand 315 00:16:31,880 --> 00:16:34,440 Speaker 1: dollars in two years for doing nothing, and he had 316 00:16:34,480 --> 00:16:36,480 Speaker 1: all that time. She's like, I wouldn't feel bad about 317 00:16:36,480 --> 00:16:39,600 Speaker 1: that at all. Now me, you know, I can't let anything. 318 00:16:39,280 --> 00:16:40,400 Speaker 2: Go kicking yourself. 319 00:16:40,440 --> 00:16:44,560 Speaker 1: I hold the grudges, and I beat myself up over things, 320 00:16:44,600 --> 00:16:47,080 Speaker 1: and you know, the OCD and all this stuff. Like 321 00:16:47,160 --> 00:16:49,400 Speaker 1: I would be I would be heading to the top 322 00:16:49,440 --> 00:16:52,280 Speaker 1: of the seventh floor of the Imus building and then 323 00:16:52,360 --> 00:16:54,880 Speaker 1: pulling a less nessman saying I. 324 00:16:54,800 --> 00:16:57,480 Speaker 2: Had a twelve million dollar card, I let it go. 325 00:16:57,640 --> 00:16:59,480 Speaker 1: I see both sides of this, I do. I do 326 00:16:59,560 --> 00:17:01,480 Speaker 1: like I see where on one end you would say, Okay, 327 00:17:01,480 --> 00:17:03,520 Speaker 1: if you did something smart with that money, you would 328 00:17:03,520 --> 00:17:05,760 Speaker 1: have probably made a bunch more money buying more cards, 329 00:17:05,760 --> 00:17:08,760 Speaker 1: selling more cards. But then also I'm like, oh, man, 330 00:17:09,280 --> 00:17:12,600 Speaker 1: I had something worth thirteen million dollars. All that keep 331 00:17:12,640 --> 00:17:14,440 Speaker 1: it up, just hold it, you know whatever. 332 00:17:14,680 --> 00:17:18,480 Speaker 2: Right, So you make decisions based on the information you 333 00:17:18,560 --> 00:17:22,280 Speaker 2: have at the time. Right, did this guy have any 334 00:17:22,320 --> 00:17:25,280 Speaker 2: faith that that card was a twelve million dollar card? 335 00:17:25,920 --> 00:17:29,040 Speaker 2: Clearly not enough to hold on to it? Right? What 336 00:17:29,200 --> 00:17:31,520 Speaker 2: did he do with the one hundred and fifty thousand 337 00:17:31,560 --> 00:17:32,600 Speaker 2: dollars that he made? 338 00:17:32,720 --> 00:17:32,960 Speaker 1: Yeah? 339 00:17:33,000 --> 00:17:36,520 Speaker 2: Did he reinvest it back into his company? Did he 340 00:17:36,880 --> 00:17:40,240 Speaker 2: you know, spend it on groceries? Like? What did he 341 00:17:40,320 --> 00:17:44,280 Speaker 2: do with that money? And if he used that money 342 00:17:44,320 --> 00:17:47,719 Speaker 2: to go buy other cards in hopes that maybe one 343 00:17:47,800 --> 00:17:51,359 Speaker 2: day those cards will be worth money. Yeah, well that's 344 00:17:51,400 --> 00:17:53,679 Speaker 2: a loss because he had the Holy Grail? 345 00:17:53,960 --> 00:17:56,720 Speaker 1: Yeah, keV, where would what would you would you be 346 00:17:56,840 --> 00:18:00,240 Speaker 1: with me? Casey seems okay with this. You use seem 347 00:18:00,320 --> 00:18:01,600 Speaker 1: like you were I've. 348 00:18:01,440 --> 00:18:04,840 Speaker 2: Been through it. Yeah, there's nothing you can do about it, right, Oh, 349 00:18:05,080 --> 00:18:07,600 Speaker 2: you know, would you be like Casey where you're like, well, 350 00:18:07,640 --> 00:18:09,200 Speaker 2: you know, I made some money and it's fine and 351 00:18:09,240 --> 00:18:12,160 Speaker 2: all's well, and or would you be like me and. 352 00:18:12,080 --> 00:18:16,959 Speaker 1: You're like you dumb son of a and just and 353 00:18:17,080 --> 00:18:19,560 Speaker 1: just spend your days pounding your head against very sharp 354 00:18:19,600 --> 00:18:20,360 Speaker 1: metal objects. 355 00:18:20,480 --> 00:18:22,480 Speaker 2: I feel like if I got a good chunk of money, 356 00:18:22,480 --> 00:18:24,560 Speaker 2: I'd just be happy with that, right, just be grateful 357 00:18:24,600 --> 00:18:25,000 Speaker 2: you had that. 358 00:18:25,200 --> 00:18:27,800 Speaker 1: All right, y'all are out in space, Jared. I bet 359 00:18:27,880 --> 00:18:30,119 Speaker 1: Jared Lewis would have a measured approach. Jared Lewis with 360 00:18:30,160 --> 00:18:32,280 Speaker 1: the news. Where would you be if someone handed you 361 00:18:32,280 --> 00:18:34,840 Speaker 1: one hundred and fifty thousand dollars? But you know, ten 362 00:18:34,880 --> 00:18:36,199 Speaker 1: years later, if you had just held on to the thing, 363 00:18:36,240 --> 00:18:38,200 Speaker 1: it could have been worth thirteen million dollars. I'm sorry 364 00:18:38,240 --> 00:18:40,320 Speaker 1: I missed out on the initial. Well, you're of no 365 00:18:40,359 --> 00:18:42,280 Speaker 1: help to anyone. Jerry Lewis is next with the news. 366 00:18:42,560 --> 00:18:44,360 Speaker 2: It's ninety three WYBC. 367 00:18:45,400 --> 00:18:49,680 Speaker 1: It's just almost said it school to Search Forest Groomy 368 00:18:52,920 --> 00:18:58,560 Speaker 1: seem like the whole true story toom when we went 369 00:18:58,600 --> 00:19:03,280 Speaker 1: to the hospital to have Libby. Yeah, this was the 370 00:19:03,320 --> 00:19:04,480 Speaker 1: song that was playing on the. 371 00:19:04,400 --> 00:19:09,719 Speaker 2: Trip tenth Avenue Freezer. That's right, second songs on the album. 372 00:19:10,000 --> 00:19:12,560 Speaker 1: Yes, it's the fiftieth anniversary of Born to Run. So 373 00:19:13,640 --> 00:19:17,000 Speaker 1: we've decided today because well it's half my show since that's, 374 00:19:17,200 --> 00:19:18,840 Speaker 1: you know, the album that kind of inspired me that 375 00:19:18,840 --> 00:19:20,679 Speaker 1: we would have a birthday celebration today. 376 00:19:20,800 --> 00:19:23,600 Speaker 2: Yeah, it's an origin story album for you. I'm curious 377 00:19:23,640 --> 00:19:25,400 Speaker 2: when you were on your way to the hospital. Did 378 00:19:25,400 --> 00:19:27,399 Speaker 2: you do that intentionally or was that magic? 379 00:19:27,520 --> 00:19:29,439 Speaker 1: No? I think that was God saying it's time to go. 380 00:19:29,680 --> 00:19:31,240 Speaker 1: It's roll and I'm going to keep you here for 381 00:19:31,280 --> 00:19:33,120 Speaker 1: twenty four hours before this kid's going to come out. 382 00:19:33,400 --> 00:19:35,879 Speaker 1: So you better enjoy the music because the hospital is 383 00:19:35,880 --> 00:19:37,879 Speaker 1: going to be hell this. 384 00:19:38,000 --> 00:19:39,280 Speaker 2: She had a nice song on the way. 385 00:19:40,240 --> 00:19:45,520 Speaker 1: Okay, So Kennell Casey show and Rob that's Casey. Interesting 386 00:19:45,920 --> 00:19:48,560 Speaker 1: thing that. Well, look, it's popping up all over the 387 00:19:48,600 --> 00:19:50,600 Speaker 1: place now and people are finally starting to notice that 388 00:19:50,640 --> 00:19:53,240 Speaker 1: the utility was the power bills in this state are 389 00:19:53,440 --> 00:19:57,439 Speaker 1: totally out of control, Like you're seeing skyrocketing twenty plus 390 00:19:57,480 --> 00:20:01,359 Speaker 1: percent in some cases year over year etric bills. And 391 00:20:02,240 --> 00:20:04,280 Speaker 1: I saw somebody say this, and I know you touched 392 00:20:04,280 --> 00:20:07,040 Speaker 1: on it earlier in the program. It's fined and great 393 00:20:07,040 --> 00:20:09,320 Speaker 1: and everybody should be totally focused on the property tax thing, 394 00:20:09,800 --> 00:20:14,679 Speaker 1: but these utility bills are becoming as big or a 395 00:20:14,680 --> 00:20:17,960 Speaker 1: bigger menace. When you think about if you're having to 396 00:20:18,040 --> 00:20:21,280 Speaker 1: add twenty or thirty dollars a month, year over year 397 00:20:21,680 --> 00:20:25,359 Speaker 1: to your property to your utility bill, well, that's somewhere 398 00:20:25,400 --> 00:20:28,640 Speaker 1: between two hundred and fifty and four hundred dollars a year. 399 00:20:28,840 --> 00:20:31,440 Speaker 1: That is the new property tax thing. Yeah, and it's 400 00:20:31,520 --> 00:20:34,320 Speaker 1: part of the broader conversation of what we kind of 401 00:20:34,320 --> 00:20:37,000 Speaker 1: opened the program with is you're getting priced out of living, 402 00:20:37,480 --> 00:20:40,760 Speaker 1: like when the groceries are up twenty or thirty percent, 403 00:20:41,040 --> 00:20:44,040 Speaker 1: when your property tax are up twenty to thirty percent, 404 00:20:44,200 --> 00:20:47,119 Speaker 1: when your utility bills are up twenty to thirty percent, 405 00:20:47,400 --> 00:20:49,880 Speaker 1: and all of these things you're getting nothing new for them. 406 00:20:50,160 --> 00:20:53,879 Speaker 1: You're not gettingything better, You're not getting anything improved. The 407 00:20:53,960 --> 00:20:55,919 Speaker 1: lights are still on in the house, the government is 408 00:20:55,920 --> 00:20:59,520 Speaker 1: still operating as it always did. Now there's more of it. 409 00:20:59,520 --> 00:21:01,800 Speaker 1: It's doing bright shiny objects, but it's not getting better. 410 00:21:02,520 --> 00:21:05,040 Speaker 1: And in the case of food, you're still now you're 411 00:21:05,040 --> 00:21:06,800 Speaker 1: buying less stuff, but the food is still the same 412 00:21:06,840 --> 00:21:10,439 Speaker 1: like like you just it's it's an unsustainable keeping that 413 00:21:10,560 --> 00:21:11,760 Speaker 1: same quality of life. 414 00:21:11,840 --> 00:21:13,960 Speaker 2: Well, I would argue that when it comes to your 415 00:21:14,119 --> 00:21:18,920 Speaker 2: energy costs, it may be worse because the prices are 416 00:21:18,960 --> 00:21:23,360 Speaker 2: surging and with these data centers popping up, one of them, 417 00:21:23,440 --> 00:21:26,479 Speaker 2: I believe made an agreement. We talked about it how 418 00:21:26,480 --> 00:21:28,639 Speaker 2: they made an agreement with Google saying that you know 419 00:21:28,680 --> 00:21:33,680 Speaker 2: when they're probably when the energy is surging, they'll they'll 420 00:21:33,840 --> 00:21:37,040 Speaker 2: power down. So who's to say that when you go 421 00:21:37,080 --> 00:21:39,120 Speaker 2: to flip the light on that it will be there. 422 00:21:39,680 --> 00:21:41,400 Speaker 1: Well, that's where you're headed. And that's what people need 423 00:21:41,400 --> 00:21:45,040 Speaker 1: to realize is it's not even a cost. I mean, 424 00:21:45,080 --> 00:21:48,040 Speaker 1: the cost is a massive deal, but there is no 425 00:21:48,119 --> 00:21:50,400 Speaker 1: I mean they are selling you pie in the sky 426 00:21:50,440 --> 00:21:53,480 Speaker 1: bill of goods on these SMRs right now. The General 427 00:21:53,480 --> 00:22:01,080 Speaker 1: Assembly and rotten, rotten, miserable people like Ed Soliday State Representative. 428 00:22:01,119 --> 00:22:03,000 Speaker 1: Who is the guy who's trying to like strong arm 429 00:22:03,040 --> 00:22:05,920 Speaker 1: that mayor have portage or we're speaking out. I mean, 430 00:22:05,960 --> 00:22:10,639 Speaker 1: our state legislature is led by some really rotten, disgusting, 431 00:22:10,720 --> 00:22:13,840 Speaker 1: underhanded people, and they are leading you to believe because 432 00:22:14,359 --> 00:22:19,800 Speaker 1: of the enhancement of their own existence that is taking place. 433 00:22:19,840 --> 00:22:23,840 Speaker 1: The Endi Star laid out how much money the power 434 00:22:23,840 --> 00:22:28,879 Speaker 1: industry is putting into these politicians. Obvious, yeah, that they've 435 00:22:28,920 --> 00:22:33,160 Speaker 1: found some silver bullet that is going to help fix 436 00:22:33,200 --> 00:22:37,720 Speaker 1: all this, that you can have all these megabuildings and 437 00:22:37,760 --> 00:22:40,080 Speaker 1: that it won't harm you. It's just it's the same 438 00:22:40,160 --> 00:22:42,560 Speaker 1: argument that they tried to make during COVID, where Holcom 439 00:22:42,600 --> 00:22:44,200 Speaker 1: led you to believe that he could shut the state 440 00:22:44,280 --> 00:22:47,560 Speaker 1: down and you wouldn't feel any long term ramification of that. 441 00:22:47,680 --> 00:22:49,640 Speaker 1: Of course we've seen that now, look at the disaster, 442 00:22:49,760 --> 00:22:52,800 Speaker 1: this medicaid, look at all these businesses that didn't reopen, 443 00:22:52,800 --> 00:22:55,400 Speaker 1: Look at the changing landscape of our society, what has 444 00:22:55,640 --> 00:23:00,119 Speaker 1: come in in its place. Everything got altered because they 445 00:23:00,200 --> 00:23:02,359 Speaker 1: led you to believe that you could shut society down 446 00:23:02,359 --> 00:23:04,360 Speaker 1: and there wouldn't be any ramifications for it. It's the same 447 00:23:04,400 --> 00:23:08,359 Speaker 1: thing happening here where you cannot put all of these 448 00:23:08,440 --> 00:23:11,840 Speaker 1: new megabuildings that require all this power, these data centers 449 00:23:12,040 --> 00:23:16,159 Speaker 1: into existence and think that there's not going to be 450 00:23:16,280 --> 00:23:20,720 Speaker 1: ramifications of your daily how you live because there's not 451 00:23:20,880 --> 00:23:21,960 Speaker 1: enough power for everybody. 452 00:23:22,080 --> 00:23:26,440 Speaker 2: Yeah, they consume enormous power. They also offer minimal job creation. 453 00:23:27,040 --> 00:23:30,320 Speaker 2: Plus they have these really long tax abatements as well. 454 00:23:30,800 --> 00:23:35,960 Speaker 2: These utility companies are spending millions on campaign donations and lobbying, 455 00:23:36,040 --> 00:23:41,080 Speaker 2: which is influencing the policymaking. And you've got to consider 456 00:23:41,119 --> 00:23:45,000 Speaker 2: the fact now that your utility cost this is going 457 00:23:45,040 --> 00:23:49,240 Speaker 2: to be a more urgent crisis than the property tax debate. 458 00:23:50,160 --> 00:23:54,320 Speaker 1: Yeah it is. And so who was this right side? 459 00:23:54,600 --> 00:23:57,080 Speaker 1: Mike right side? Underscore? Mic is what this guy goes 460 00:23:57,119 --> 00:24:00,240 Speaker 1: by on Twitter is Mike Thompson is his name, And 461 00:24:00,280 --> 00:24:02,119 Speaker 1: nobody's refuted this and said, oh, this is totally out 462 00:24:02,160 --> 00:24:04,959 Speaker 1: in left field. This seems pretty accurate based on what 463 00:24:05,000 --> 00:24:08,040 Speaker 1: we've seen publicly put out. There are forty There are 464 00:24:08,040 --> 00:24:10,639 Speaker 1: more than forty data centers proposed to come to the 465 00:24:10,680 --> 00:24:13,080 Speaker 1: state of Indiana in the whatever to be, you know, 466 00:24:13,240 --> 00:24:15,760 Speaker 1: maybe ten fifteen years, But there are more than forty 467 00:24:15,800 --> 00:24:18,720 Speaker 1: of these things. And the massive amount I mean you 468 00:24:18,760 --> 00:24:21,760 Speaker 1: are talking about some of these data centers that on 469 00:24:21,880 --> 00:24:26,199 Speaker 1: their own require more power than the entire community in 470 00:24:26,240 --> 00:24:30,040 Speaker 1: which they live, in which they're housed. You cannot do that. 471 00:24:30,200 --> 00:24:32,679 Speaker 1: There's not enough of this. So the logical answer is 472 00:24:32,960 --> 00:24:35,159 Speaker 1: there's no way that they're going to tell Google, Hey, 473 00:24:35,200 --> 00:24:37,359 Speaker 1: you're going to need to shut down between noon and three. 474 00:24:37,840 --> 00:24:39,920 Speaker 1: The logical answer is you're going to be the one 475 00:24:39,960 --> 00:24:41,440 Speaker 1: shutting down right between noon and three. 476 00:24:41,480 --> 00:24:43,280 Speaker 2: Well, that's what I'm saying. You are still going to 477 00:24:43,359 --> 00:24:47,639 Speaker 2: be paying more and your product may not even be 478 00:24:47,840 --> 00:24:50,520 Speaker 2: the same. In regards to food. You were saying, you know, 479 00:24:50,600 --> 00:24:53,240 Speaker 2: it's still the same food, but the price keeps going up. 480 00:24:53,520 --> 00:24:57,000 Speaker 2: In regards to your utilities, Yeah, the price is going up. 481 00:24:57,200 --> 00:24:58,720 Speaker 2: You don't know if the service is going to be 482 00:24:58,800 --> 00:25:01,480 Speaker 2: the same sham is that it may not be. 483 00:25:02,560 --> 00:25:04,600 Speaker 1: Let me explain how this all works to and how 484 00:25:04,720 --> 00:25:06,560 Speaker 1: because this is not a data center, but it's a 485 00:25:06,600 --> 00:25:12,119 Speaker 1: warehouse and it's very Our government is very sneaky and 486 00:25:12,160 --> 00:25:14,600 Speaker 1: they prey on people being stupid and uninformed. So there 487 00:25:14,680 --> 00:25:17,399 Speaker 1: was this big what No, No, let's take a break. I 488 00:25:17,400 --> 00:25:18,720 Speaker 1: want to do this because this is important and I 489 00:25:18,760 --> 00:25:21,080 Speaker 1: need time to get into it. Because they did an 490 00:25:21,119 --> 00:25:25,120 Speaker 1: old sneak athon out in warehouse Burg, where I live, 491 00:25:25,240 --> 00:25:27,360 Speaker 1: and this will be a great example of how they 492 00:25:27,400 --> 00:25:30,480 Speaker 1: try to convince you that something great is going on 493 00:25:30,720 --> 00:25:33,920 Speaker 1: when in reality, you, the taxpayer, are just a giant 494 00:25:34,040 --> 00:25:36,720 Speaker 1: corporate subsidy. So can we do that when we come back. 495 00:25:36,800 --> 00:25:39,080 Speaker 2: Yep, you're listening to Kennel and Casey. It is ninety 496 00:25:39,119 --> 00:25:40,200 Speaker 2: three WIBC. 497 00:25:47,880 --> 00:25:52,800 Speaker 1: Okay, So like, let's continue this conversation about how you're 498 00:25:53,640 --> 00:25:58,880 Speaker 1: getting screwed as a taxpayer and how your government kind 499 00:25:58,880 --> 00:26:02,760 Speaker 1: of manipulates you in the wanting like not realizing what's 500 00:26:02,800 --> 00:26:04,720 Speaker 1: going on. It's not only Casey show. I'm rop Casey. 501 00:26:04,720 --> 00:26:07,280 Speaker 2: You're going that theme for today or the theme every day. 502 00:26:07,440 --> 00:26:10,280 Speaker 1: Well, yeah, I mean it's it is. This is our show, right, 503 00:26:10,320 --> 00:26:12,159 Speaker 1: and this is why they hate us, because we just 504 00:26:12,200 --> 00:26:16,879 Speaker 1: tell you what's going on. So last and look that 505 00:26:16,920 --> 00:26:19,960 Speaker 1: we're focused on data centers, right, because they're the new 506 00:26:21,440 --> 00:26:26,200 Speaker 1: rallying cry around don't let this happen in your community. 507 00:26:26,480 --> 00:26:28,399 Speaker 1: But this has been going on for quite a while 508 00:26:28,440 --> 00:26:31,879 Speaker 1: in the sense of these megabuildings and the amount of 509 00:26:32,119 --> 00:26:36,320 Speaker 1: stuff that they take to operate, and how we as 510 00:26:36,359 --> 00:26:38,440 Speaker 1: a society have sort of been asleep at the switch 511 00:26:38,480 --> 00:26:41,359 Speaker 1: based on the corporate subsidies that they are given and 512 00:26:41,520 --> 00:26:44,359 Speaker 1: in the end they're really just mostly costing you and 513 00:26:44,480 --> 00:26:48,439 Speaker 1: individual tax payer money. So let's talk about last Thursday. Now, 514 00:26:48,480 --> 00:26:50,199 Speaker 1: of course, I only have three minutes to speak at 515 00:26:50,200 --> 00:26:52,280 Speaker 1: these town council meetings in Brownsburg where I'm at, so 516 00:26:52,280 --> 00:26:54,639 Speaker 1: you basically got to pick like one topic, even though 517 00:26:54,640 --> 00:26:56,280 Speaker 1: there may be three things you want to talk about. 518 00:26:56,480 --> 00:26:58,760 Speaker 1: So we were talking about their proposing spending one hundred 519 00:26:58,760 --> 00:27:01,160 Speaker 1: million dollars on the pool, the amphitheater, and the blah 520 00:27:01,200 --> 00:27:02,880 Speaker 1: blah blah. Right, So I had to spend my time 521 00:27:02,880 --> 00:27:05,800 Speaker 1: talking about that. But there was this super secret thing 522 00:27:05,840 --> 00:27:09,960 Speaker 1: where they dubbed it Project Taho. Casey, Oh, and you 523 00:27:10,000 --> 00:27:12,479 Speaker 1: didn't really know what Project Tahoe was. 524 00:27:12,800 --> 00:27:14,280 Speaker 2: Are you talking about it as Chevy Taho. 525 00:27:14,359 --> 00:27:16,240 Speaker 1: Yeah, Well that's what a lot of people thought. Maybe 526 00:27:16,240 --> 00:27:18,960 Speaker 1: there's something with the Taos. We don't know, right. Taho 527 00:27:19,000 --> 00:27:21,000 Speaker 1: is a very popular in Indiana state government. You may 528 00:27:21,040 --> 00:27:22,080 Speaker 1: have heard clearly. 529 00:27:24,040 --> 00:27:26,120 Speaker 2: They and very nice vehicle. 530 00:27:26,320 --> 00:27:29,719 Speaker 1: The government appeared to know what was going on, but 531 00:27:29,760 --> 00:27:32,679 Speaker 1: the public was kept largely in the dark. And so 532 00:27:32,720 --> 00:27:36,320 Speaker 1: they vote on what they call this personal property tax abatement. 533 00:27:36,480 --> 00:27:39,440 Speaker 1: And the personal property tax is the stuff that goes 534 00:27:39,440 --> 00:27:42,200 Speaker 1: in the building. So there's two types of taxes in India. 535 00:27:42,280 --> 00:27:45,080 Speaker 1: There's what they call real property, that's the building itself. 536 00:27:45,359 --> 00:27:48,240 Speaker 1: There's a value to the building, and then there's personal property, 537 00:27:48,280 --> 00:27:52,159 Speaker 1: the stuff that goes in the in the in the building. 538 00:27:52,720 --> 00:27:57,760 Speaker 1: And so they voted on this personal property tax abatement 539 00:27:58,560 --> 00:28:02,920 Speaker 1: for this sterious company that only went under the name 540 00:28:02,960 --> 00:28:06,960 Speaker 1: of Project Tahoe. Well then it comes out that Project 541 00:28:06,960 --> 00:28:10,639 Speaker 1: Tahoe is Harper Collins, the publisher, and they're going to 542 00:28:10,680 --> 00:28:15,960 Speaker 1: locate some sort of megabuilding near your favorite lifeless logistics park. 543 00:28:16,040 --> 00:28:18,040 Speaker 1: They're off the Ronald Reagan that you so love every 544 00:28:18,040 --> 00:28:19,320 Speaker 1: time you come to town. 545 00:28:19,000 --> 00:28:20,919 Speaker 2: I know, the logistics park, and. 546 00:28:22,560 --> 00:28:26,320 Speaker 1: They're also going to build some megabuilding associated with it 547 00:28:26,440 --> 00:28:30,440 Speaker 1: that is still in the approval process. But you put 548 00:28:30,440 --> 00:28:32,320 Speaker 1: it all together and it came out one of these 549 00:28:32,960 --> 00:28:37,840 Speaker 1: news organizations said that the Indian Economic Development Corporation is 550 00:28:38,520 --> 00:28:42,840 Speaker 1: what is was intricately involved in this project tah which 551 00:28:42,880 --> 00:28:46,160 Speaker 1: is why it got to go under some assumed name, 552 00:28:47,360 --> 00:28:52,280 Speaker 1: and that they're giving a bunch to the IEDC Economic 553 00:28:52,320 --> 00:28:55,000 Speaker 1: Development Corporation, a bunch of incentives. I can't remember which 554 00:28:55,120 --> 00:28:57,360 Speaker 1: organization I read this at that Harper Collins is getting 555 00:28:57,360 --> 00:29:01,640 Speaker 1: a bunch of economic development incentives from the Indian Economic 556 00:29:01,640 --> 00:29:06,200 Speaker 1: Development Corporation. So think about this you have and of course, 557 00:29:06,640 --> 00:29:09,200 Speaker 1: like you got to be Inspectracluseau to figure out what's 558 00:29:09,200 --> 00:29:11,320 Speaker 1: going on with the Indian Economic Development Corporation. So it'll 559 00:29:11,320 --> 00:29:13,880 Speaker 1: take a while to put it all together, but conceivably 560 00:29:13,920 --> 00:29:17,120 Speaker 1: it's millions of real dollars going out from you, a 561 00:29:17,160 --> 00:29:21,040 Speaker 1: taxpayer on this deal. You've got the personal property tax 562 00:29:21,040 --> 00:29:24,320 Speaker 1: which is now abated, which means ten years before they're 563 00:29:24,360 --> 00:29:27,160 Speaker 1: in paying the full freight. Well, by the time the 564 00:29:27,200 --> 00:29:30,440 Speaker 1: full freight is in in ten years, the stuff will 565 00:29:30,480 --> 00:29:33,680 Speaker 1: be so devalued, because that's how anybody who's ever owned 566 00:29:33,680 --> 00:29:37,239 Speaker 1: a business this it's called depreciation. They'll be paying a 567 00:29:37,280 --> 00:29:40,600 Speaker 1: fraction of what it was ever the value of the stuff. 568 00:29:40,920 --> 00:29:43,200 Speaker 1: Oh and then the building gets a ten year abatement, 569 00:29:43,560 --> 00:29:45,680 Speaker 1: so it takes ten years for them to pay the 570 00:29:45,720 --> 00:29:48,000 Speaker 1: full freight on the tax of the debatements. So you 571 00:29:48,040 --> 00:29:50,640 Speaker 1: have incentive from the IDC, You have incent it from 572 00:29:50,640 --> 00:29:52,800 Speaker 1: the town of Brownsborg on the personal property tax, you 573 00:29:52,840 --> 00:29:55,080 Speaker 1: have incentive from the town of Brownsborg on the building. 574 00:29:55,560 --> 00:29:59,200 Speaker 1: So you have millions upon millions of dollars in corporate 575 00:29:59,200 --> 00:30:05,200 Speaker 1: welfare and corporate subsidies for this building that who knows 576 00:30:05,240 --> 00:30:06,880 Speaker 1: what it will exactly look like and what it's going 577 00:30:06,920 --> 00:30:08,240 Speaker 1: to be in ten years, And you didn't get to 578 00:30:08,280 --> 00:30:09,960 Speaker 1: know about it in the public until it was a 579 00:30:09,960 --> 00:30:11,760 Speaker 1: fat ac complete. It was all already done. 580 00:30:11,800 --> 00:30:15,480 Speaker 2: And again, a company like Harper Collins, do they need 581 00:30:15,520 --> 00:30:16,640 Speaker 2: the help of the IDC. 582 00:30:17,920 --> 00:30:21,400 Speaker 1: Well, that's that's the question, because then now what does 583 00:30:21,480 --> 00:30:24,160 Speaker 1: it cost to do Harper Collins? Because they keep talking 584 00:30:24,160 --> 00:30:27,160 Speaker 1: about oh, these jobs and this, and then look, jobs 585 00:30:27,280 --> 00:30:30,080 Speaker 1: mean nothing unless the people live in your community. If 586 00:30:30,120 --> 00:30:34,120 Speaker 1: some guy lives in Indianapolis, but works in Brownsburg. I 587 00:30:34,120 --> 00:30:37,280 Speaker 1: means literally nothing. There's no value to that because the 588 00:30:37,320 --> 00:30:39,360 Speaker 1: way they get taxed, it goes to Marion County or 589 00:30:39,360 --> 00:30:41,720 Speaker 1: Boone County or whatever. So unless you're telling me, and 590 00:30:41,760 --> 00:30:43,120 Speaker 1: this is the other side of it, well, we don't 591 00:30:43,120 --> 00:30:45,240 Speaker 1: have enough houses for all these people. We've got to 592 00:30:45,240 --> 00:30:48,800 Speaker 1: build another high density housing development. Put everybody in the place. 593 00:30:49,120 --> 00:30:52,000 Speaker 1: Unless you're doing that, Oh, we created four hundred jobs, 594 00:30:52,960 --> 00:30:56,120 Speaker 1: well a four hundred for what these jobs pay. A 595 00:30:56,200 --> 00:31:00,040 Speaker 1: four hundred person housing development would be disastrous for the 596 00:31:00,040 --> 00:31:02,600 Speaker 1: community in terms of a loss. So you're better off 597 00:31:02,640 --> 00:31:06,480 Speaker 1: just letting these people go live somewhere else, I mean less. 598 00:31:06,480 --> 00:31:09,360 Speaker 1: You're going to hire people who already living here. So 599 00:31:09,480 --> 00:31:11,800 Speaker 1: all that money, oh, these jobs, the jobs mean nothing. 600 00:31:11,840 --> 00:31:14,840 Speaker 1: The income tax goes to the place of residency, not 601 00:31:14,960 --> 00:31:17,200 Speaker 1: of the place where you're earning the money. So like 602 00:31:17,320 --> 00:31:20,479 Speaker 1: I'm taxed on Hendricks County even though I work in 603 00:31:20,720 --> 00:31:23,560 Speaker 1: Marion County. So you think about all of this. They 604 00:31:23,560 --> 00:31:26,040 Speaker 1: do this huge sales job, do you have, Oh my gosh, 605 00:31:26,280 --> 00:31:29,560 Speaker 1: Harper Collins is coming to Brownsburg and they're building this 606 00:31:29,680 --> 00:31:31,840 Speaker 1: massive building in a bab bah bubbah. But when you 607 00:31:31,840 --> 00:31:34,840 Speaker 1: start factoring in the IDC incentives once we figure out 608 00:31:34,880 --> 00:31:37,440 Speaker 1: whatever those are, when you start factoring the fact that 609 00:31:37,520 --> 00:31:40,000 Speaker 1: all this property in there is abated, and when you 610 00:31:40,040 --> 00:31:42,720 Speaker 1: have depreciation in ten years from now, when that abatement 611 00:31:42,760 --> 00:31:44,920 Speaker 1: runs out, they'll pay a fraction of what it should be, 612 00:31:45,080 --> 00:31:47,200 Speaker 1: and the building itself will be abated for ten years. 613 00:31:47,360 --> 00:31:49,480 Speaker 1: And the jobs don't really mean anything unless you're gonna 614 00:31:49,480 --> 00:31:52,000 Speaker 1: bid another high density housing development to house all these people. 615 00:31:52,560 --> 00:31:55,320 Speaker 1: You have this thing that looks great for the politicians. 616 00:31:56,240 --> 00:31:58,800 Speaker 1: It looks cool in a press release, but when you 617 00:31:58,880 --> 00:32:00,760 Speaker 1: get down to the actual and both own and by 618 00:32:00,760 --> 00:32:01,720 Speaker 1: the way, I think this thing is going to be 619 00:32:01,760 --> 00:32:03,960 Speaker 1: in a tax increment finance district, which means all the 620 00:32:04,000 --> 00:32:05,960 Speaker 1: money will stay in the area, won't actually go back 621 00:32:06,000 --> 00:32:08,200 Speaker 1: to the entities itself if I'm looking on a map 622 00:32:08,280 --> 00:32:10,960 Speaker 1: correctly on where it's going to go. So what you 623 00:32:11,160 --> 00:32:13,800 Speaker 1: have is something that's going to probably end up actually 624 00:32:13,880 --> 00:32:17,040 Speaker 1: costing you money because they're going to use a lot 625 00:32:17,080 --> 00:32:21,840 Speaker 1: of water, they're gonna need sewer service, they're gonna need electricity, 626 00:32:22,120 --> 00:32:25,280 Speaker 1: all of these things that you will indirectly end up 627 00:32:25,280 --> 00:32:28,719 Speaker 1: pay for and subsidizing, plus all the incentives they're going 628 00:32:28,800 --> 00:32:31,080 Speaker 1: to get it's a hell of a deal for the business. 629 00:32:31,400 --> 00:32:36,480 Speaker 1: And Indiana does a phenomenal job at corporate stuff, like 630 00:32:36,560 --> 00:32:40,320 Speaker 1: we're great at corporate taxes, corporate giveaways, corporate subsidies, like 631 00:32:40,400 --> 00:32:42,240 Speaker 1: we're awesome at all of that. You know what we 632 00:32:42,480 --> 00:32:46,960 Speaker 1: suck at helping the actual tax payers, the people, the residents. 633 00:32:47,160 --> 00:32:49,120 Speaker 1: We are the ones who keep getting screwed. We are 634 00:32:49,160 --> 00:32:52,680 Speaker 1: the ones who keep subsidizing these giant mega corporations to 635 00:32:52,760 --> 00:32:54,640 Speaker 1: have a better and more profitable existence. 636 00:32:54,840 --> 00:32:58,880 Speaker 2: HarperCollins not a publicly traded company. It's a sub subsidiary 637 00:32:58,960 --> 00:33:02,400 Speaker 2: of news Core. And you can imagine how much their 638 00:33:02,480 --> 00:33:06,640 Speaker 2: market cap is. Take a guess, ooh news Corp. 639 00:33:06,960 --> 00:33:09,280 Speaker 1: Boy howdy, I will say what's prices? 640 00:33:09,360 --> 00:33:09,440 Speaker 2: Right? 641 00:33:09,520 --> 00:33:12,160 Speaker 1: Rules that go over? I lose news Corp. The market cap? 642 00:33:12,520 --> 00:33:13,800 Speaker 1: I will say fifty billion. 643 00:33:14,200 --> 00:33:15,440 Speaker 2: You're a little high. 644 00:33:15,440 --> 00:33:16,720 Speaker 1: But high, I'd be out of the game. 645 00:33:16,760 --> 00:33:17,040 Speaker 3: What is it? 646 00:33:17,160 --> 00:33:19,840 Speaker 2: It is in the billions? Seventeen billis Oh, I'm way high. 647 00:33:19,840 --> 00:33:21,680 Speaker 1: I'm not even close. Yeah, I wouldn't have got to 648 00:33:21,720 --> 00:33:22,280 Speaker 1: participate in that. 649 00:33:22,440 --> 00:33:25,080 Speaker 2: But ten increase over last year? Okuess, but this is 650 00:33:25,120 --> 00:33:27,440 Speaker 2: a company that they need a tax abatement. 651 00:33:27,480 --> 00:33:31,320 Speaker 1: Right right? Well exactly, But and I'm not even against 652 00:33:31,400 --> 00:33:33,680 Speaker 1: tax abatements, But what I'm against is some sort of 653 00:33:33,840 --> 00:33:36,520 Speaker 1: collective bull crab that by the time you put it 654 00:33:36,720 --> 00:33:40,160 Speaker 1: all together, especially in the world in which we're living now, 655 00:33:40,200 --> 00:33:42,400 Speaker 1: where you have all of these things on the horizon 656 00:33:43,280 --> 00:33:46,240 Speaker 1: or every year utility rates or skyrocketing. I'm talking for 657 00:33:46,360 --> 00:33:50,920 Speaker 1: most people across the board, water, sewer, electric gas, all 658 00:33:51,000 --> 00:33:53,160 Speaker 1: of these things. You have to factor that in as 659 00:33:53,200 --> 00:33:55,440 Speaker 1: part of the subsidy because they're going to be using 660 00:33:55,480 --> 00:33:57,480 Speaker 1: all of these things, and if you're paying more in 661 00:33:57,520 --> 00:33:59,680 Speaker 1: that area so that they can exist, then that is 662 00:33:59,720 --> 00:34:02,040 Speaker 1: a corporate subsidy that is taking place. 663 00:34:02,400 --> 00:34:06,040 Speaker 2: So we need some transparency and rate setting, some accountability 664 00:34:06,280 --> 00:34:11,960 Speaker 2: for the spending, and also maybe some consumer first policy making. 665 00:34:12,040 --> 00:34:14,080 Speaker 1: But you know what really makes me mad, Casey, is 666 00:34:14,120 --> 00:34:18,560 Speaker 1: they hide behind these code names Project Tahoe, Like they 667 00:34:18,600 --> 00:34:21,720 Speaker 1: already voted on this abatement. Now there's a public hearing Thursday, 668 00:34:21,719 --> 00:34:22,880 Speaker 1: so I'm won't go speak at that and I'll be 669 00:34:22,920 --> 00:34:25,040 Speaker 1: ignored in the order in which I'm received. But that's 670 00:34:25,760 --> 00:34:28,759 Speaker 1: that's rotten. That's rotten that the public doesn't get to 671 00:34:28,800 --> 00:34:31,000 Speaker 1: know and you're voting on stuff with code names. 672 00:34:31,120 --> 00:34:35,520 Speaker 2: How about Project taxpayer project Hoosier Okacy, let's do that. 673 00:34:36,360 --> 00:34:39,040 Speaker 2: It is kind of and Casey, it's ninety three WIBC