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Speaker 1: The pope agrees with us.

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Speaker 2: Yeah, he is sounding the alarm, the alarm over the

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Speaker 2: growing wealth inequality between CEOs and their workers.

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Speaker 3: Okay, so obviously it's a short sample size, but I

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Speaker 3: will say thus far, this pope seems to be very

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Speaker 3: aware of how the previous pope's plural took stances.

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Speaker 1: On things that alienated.

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Speaker 3: Swaths of the church from a political perspective, and he

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Speaker 3: seems to be, again, very short sample size, but he

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Speaker 3: seems to be more aware of saying and talking about

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Speaker 3: things that I think the public at large can get

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Speaker 3: their can connect with, Yes, connect with thank you. That's

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Speaker 3: the perfect thing to say. So so Leo what is he?

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Speaker 3: Leo the fourteenth? Correct? That is his his now chosen

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Speaker 3: pope name. He was doing Yahoo has the article, but

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Speaker 3: he was doing an interview.

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Speaker 1: With Catholic Crux. Crux, Yeah, Catholic News.

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Speaker 3: I now, you are the residential Catholic expert of the

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Speaker 3: Kindle and Casey Shore. Are they some sort of big

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Speaker 3: deal in the Catholic Do you have a subscription to Krux?

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Speaker 2: No?

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Speaker 1: I do magazine? All right, I do not.

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Speaker 3: Well anyway, he was talking about Elon Musk specifically and

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Speaker 3: the idea that within year's time, year's plural, but who knows,

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Speaker 3: Elon Musk could become the world's first trillionaire.

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Speaker 2: Yeah, he was specifically calling out Elon Musk, and he

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Speaker 2: cited his projected one trillion dollar Tesla pay package as

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Speaker 2: a symbolism of excessive wealth concentration. He warned that if

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Speaker 2: wealth is the only thing valued, the world is in

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Speaker 2: big trouble.

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Speaker 3: And he also touched on what we have talked about

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Speaker 3: on this program, which I am a capitalist. I believe

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Speaker 3: in the ability by legal means, not a person who

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Speaker 3: has ever. I mean, I'm a complete minimalist, so other

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Speaker 3: people having stuff has never bothered me, and I've never

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Speaker 3: believed I'm entitled to anybody's stuff. So I say this

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Speaker 3: as a complete capitalist, that when the wealth divide reaches

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Speaker 3: a certain level in countries, if you look at the

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Speaker 3: history of countries throughout the through throughout the world, throughout

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Speaker 3: the history of the world, countries, when the middle when

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Speaker 3: the wealth divide reaches a certain level, and the wealth

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Speaker 3: divide comes at the expense of a shrinking middle class

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Speaker 3: both in size and power, you start to see oftentimes

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Speaker 3: bad things happen in those countries, both bad in the

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Speaker 3: sense of the status of the country, but also in

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Speaker 3: terms of how people handle and deal with that in

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Speaker 3: the countries. And I think that's what he was speaking

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Speaker 3: to when he said, look, and this is right. Hey,

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Speaker 3: sixty years ago, CEOs were making four to six times

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Speaker 3: what the workers were receiving. Now it's six hundred plus

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Speaker 3: times in many cases. And that when you see the

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Speaker 3: tippy top continue to elevate while the middle class continues

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Speaker 3: to shrink, both in power and in size, you are

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Speaker 3: not setting up countries that are sustainable, and you're not

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Speaker 3: setting up countries that are going to be able to

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Speaker 3: avoid things like revolutions.

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Speaker 1: It just to look at the human history. That's just

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Speaker 1: how it operates.

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Speaker 2: So Elon Musk he recently purchased one billion dollars in

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Speaker 2: Tesla stock. It was his largest buy ever. But the

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Speaker 2: Pope LEO went on and he was using data from

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Speaker 2: the Institute for Policy Studies. He said the average CEO

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Speaker 2: pay among low wage SMP five hundred firms is seventeen

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Speaker 2: point two million dollars, whereas the median worker pay is

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Speaker 2: just thirty five thousand dollars. So the CEO to worker

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Speaker 2: pay ratio is six hundred and thirty two to one.

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Speaker 3: Yeah, And so the uestion becomes, how do we get

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Speaker 3: back to an economy that is elevating people in the

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Speaker 3: middle class. How do we return the structure of our

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Speaker 3: economics to where middle class people feel hope in their

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Speaker 3: journey to work each day? Because that is the sense

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Speaker 3: I get from people in our economy, is a sense

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Speaker 3: of hopelessness that no matter what I do, even though

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Speaker 3: I'm trying to do things the right way. Somebody made

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Speaker 3: a great point about this yesterday. I saw on Facebook

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Speaker 3: that for the people who are calling for the cancelation

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Speaker 3: of the Charlie Kirk people like to be fired or whatever,

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Speaker 3: that's okay, but remember you're doing it with people who

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Speaker 3: already are inclined to believe in and have sympathy to

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Speaker 3: a welfare state. So what you're doing by firing or

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Speaker 3: dismissing those people is you're not adding them into the roles.

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Speaker 3: And I saw that I thought that's actually a pretty

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Speaker 3: interesting way to look at it. Look, you can lament

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Speaker 3: these people all you want, and you can call for

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Speaker 3: their firing, and you can badger their bosses, and you

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Speaker 3: can do all of that.

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Speaker 1: And as I've said, earlier.

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Speaker 3: I don't have any sympathy for the people who are

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Speaker 3: getting that done to them because you made the decision

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Speaker 3: to put that out on social media where everybody can

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Speaker 3: can consume it. You wanted to be seen, you got seen,

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Speaker 3: you know, FAFO, right, frick around, find.

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Speaker 1: Out find out.

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Speaker 3: Yeah. But the ramification of that is when these people

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Speaker 3: get fired. It's not like in many cases, you're dealing

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Speaker 3: to people that are like, hey, I made a horrible mistake.

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Speaker 3: I got to really learn from my lesson here, get

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Speaker 3: right back on the wagon and start applying for jobs.

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Speaker 3: You're looking at people that'll probably be wards of the

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Speaker 3: state for a period of time.

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Speaker 1: Right. So point of all.

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Speaker 3: This is we do not have an economic climate right

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Speaker 3: now or an economic structure in this country that is

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Speaker 3: giving most people a sense of hope in terms of

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Speaker 3: my hard work is going to benefit me and is going.

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Speaker 1: To pay off.

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Speaker 3: And until you figure out a way to create that,

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Speaker 3: you're just going to see people slip further into despair.

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Speaker 3: You're going to see a further sense of hopelessness, and

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Speaker 3: eventually it becomes tipping points in countries like that, especially

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Speaker 3: when you see the tippy top people. We're not all

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Speaker 3: sinking together. Many people are rising and rising like never before,

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Speaker 3: but you don't have any path to that.

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Speaker 2: Well, I think the interesting part about this is you've

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Speaker 2: heard over the years, well, learn new skills. You have

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Speaker 2: to keep updata with your skills so that you can advance.

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Speaker 2: So if I consider my current place in the past

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Speaker 2: twenty five years, have I advanced my skills?

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Speaker 1: Absolutely?

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Speaker 2: Have I learned new things in this industry?

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Speaker 1: Yes?

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Speaker 2: Do I make more than I ever have before in

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Speaker 2: my career?

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Speaker 1: No? No, I don't.

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Speaker 3: In fact, my wife and I had this conversation and

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Speaker 3: we have it on the regular because she's very young

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Speaker 3: in her career. I mean she's in her mid twenties,

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Speaker 3: and she this is really her. I mean she worked

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Speaker 3: here as an intern. She was in it, and I

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Speaker 3: mean it was a paying job, right, It's not like

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Speaker 3: it used to be where you're a shoe cobbler apprentice

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Speaker 3: or whatever. But then she went to work for the

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Speaker 3: State of Indiana for a period of years. She was

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Speaker 3: completely miserable because she saw how ineffective and inefficient it was,

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Speaker 3: and so she ended up going to a major corporation.

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Speaker 3: She works for a very very large, successful corporation in cybersecurity.

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Speaker 3: But my point is this is her first corporate for

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Speaker 3: a into corporate American, so she's seeing things all the

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Speaker 3: time that it's like that memea, the guy with the

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Speaker 3: news around his neck. Oh, first time, you know, right,

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Speaker 3: And so she will express these things to me, and

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Speaker 3: I will tell her, well, look, this is what you're

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Speaker 3: experiencing is not different.

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Speaker 1: It's not new. It is to you, right because you've

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Speaker 1: never been through it before. But to us.

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Speaker 3: Grizzled veterans over here, welcome to the party, pal. And

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Speaker 3: part of that is that, you know, she has a

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Speaker 3: skill set that is in demand. She has a skill

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Speaker 3: set that is the future of this country. People like

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Speaker 3: her are the people that will survive the AI holocausts

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Speaker 3: that we're about to all, you know, endure from a

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Speaker 3: you know, white collar worker perspective, because she knows how

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Speaker 3: to deal in that world. And I've tried to relay

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Speaker 3: to her that you need to like people like us.

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Speaker 3: It's all over for us. When it's all over here,

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Speaker 3: we're gonna go work at Wendy's right, r RV's or whatever.

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Speaker 3: You know, you are in a position where you still

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Speaker 3: have optimism of assent in terms of your career path.

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Speaker 3: But a lot of people do not have that same optimism.

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Speaker 3: As many issues or experiences as you may struggle with.

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Speaker 3: In corporate America, you are in demand. If for some

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Speaker 3: reason they were to let you go from your job here,

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Speaker 3: there would be ten people who would try to gobble

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Speaker 3: you up because of the skills that you have us.

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Speaker 1: Yeah, I remember those guys. They used to be on

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Speaker 1: the radio.

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Speaker 2: I don't so there's been, There have been many billionaire

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Speaker 2: Do you remember the Giving Pledge, the Giving.

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Speaker 1: The Giving Tree? That's similar. That's me nine to noon

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Speaker 1: every day. Come boy, take off my apples an the way.

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Speaker 2: I quoted that to my brother when I recently saw him,

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Speaker 2: I said, like the Giving Tree, he had no idea

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Speaker 2: what I was talking about.

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Speaker 1: Wait wait wait wait wait what to shel Silverstein book. Yeah,

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Speaker 1: I had to pull it up on the internet. No, yes,

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Speaker 1: your brother didn't know. Oh you didn't know what Your

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Speaker 1: mother didn't read that to you as kids? Apparently not apparently,

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Speaker 1: no kidding.

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Speaker 2: Yeah, But the Giving Pledge, The Giving Pledge was this

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Speaker 2: promise that a lot of millionaires got behind. It was

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Speaker 2: launched by Warren Buffett and also Bill and Melinda Gates,

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Speaker 2: and they said that they would give away fifty percent

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Speaker 2: of their wealth. Right, So, out of the two hundred

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Speaker 2: and fifty people who signed that giving pledge, only nine

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Speaker 2: have fulfilled their commitment. It's like those guys, I'll do this, sure,

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Speaker 2: I'll get to it.

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Speaker 1: It's like these guys who sign the no new tax.

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Speaker 2: Pledge thing and then right laws for new taxes. About

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Speaker 2: eighty percent of the people who have fulfilled their pledge

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Speaker 2: to the giving Pledge went into private foundations instead of

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Speaker 2: charitable causes.

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Speaker 1: Uh huh, uh huh. Pop Leo.

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Speaker 2: By the way, he does earn a salary. Any idea

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Speaker 2: why he gets paid?

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Speaker 3: Oh man, Now, this doesn't include the bennies or anything, right,

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Speaker 3: this is just a straight case.

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Speaker 2: I don't believe so, and I do believe that like

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Speaker 2: his living quarters, that's part of the deal.

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Speaker 1: You know, I will say one hundred thousand dollars.

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Speaker 2: A little higher, Kevin, you have a guess.

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Speaker 1: Well, now you've already rigged it for him. Always gotta

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Speaker 1: do is one hundred thousand and one dollars true? Yeah,

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Speaker 1: I'm just gonna go with one hundred and two thousand dollars.

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Speaker 2: Yeah, you're both You're both wrong. Poplio earns An estimated

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Speaker 2: four hundred thousan dollars a year. Self, what similar to it?

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Speaker 1: Was a vowel? Poverty? What are you Catholics doing?

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Speaker 2: Similar to US presidents and also top university chancellors.

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Speaker 1: I thought, what happened to the vowel?

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Speaker 2: Oh?

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Speaker 3: Oh, so this guy's gonna lecture me, lecture anybody about

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Speaker 3: making money.

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Speaker 1: It's not close to a trillion dollars like eight. Hurry

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Speaker 1: ate wondering where his next meal is coming from. It

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Speaker 1: is Kendall and Casey. It's ninety three WYBC