WEBVTT - 10-22-25 America's Truckin' Network

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<v Speaker 1>This is America's Trucking Network with Kevin Gordon.

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<v Speaker 2>Welcome aboard, Thanks for tuning in on this Wednesday morning. Hey,

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<v Speaker 2>we got to start off with a little bit of

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<v Speaker 2>weather alert. I kind of find this interesting. Thirteenth tropical

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<v Speaker 2>storm name storm of the season, Melissa forms over the

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<v Speaker 2>Central Caribbean Sea. Hurricane watch issued for portions of Haiti. Now,

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<v Speaker 2>the tracking of this storm looks like it's going to

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<v Speaker 2>go a little bit across Haiti, but take a northernly

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<v Speaker 2>almost like at this point, like a northwesterly attack, which

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<v Speaker 2>if it goes across Cuba, could possibly hit the tip

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<v Speaker 2>of Florida later on. But so far, and I hate

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<v Speaker 2>saying this because you know, I don't want to tempt

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<v Speaker 2>fade or anything, but the hurricane season begins June first

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<v Speaker 2>and goes until the end of November, and we have

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<v Speaker 2>yet to have a name storm or a hurricane have

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<v Speaker 2>a direct hit on the United States they had predicted.

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<v Speaker 2>And of course, all these people talking about climate change

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<v Speaker 2>and the world's going to hell in a handbasket because

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<v Speaker 2>you know, the Earth is heating up and all this

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<v Speaker 2>sort of stuff, which is a load of crap. We've

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<v Speaker 2>talked about that on this program, but they were predicting

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<v Speaker 2>three or four or five storms that possibly hit the

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<v Speaker 2>United States, and so far none have hit.

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<v Speaker 3>And knock on wood, if I.

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<v Speaker 2>Can do that loud enough or enough to get that

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<v Speaker 2>out there to make sure that I don't jinx this,

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<v Speaker 2>but just keep an eye on this, Melissa. So anyway,

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<v Speaker 2>if that's what's going on there, and hopefully that will

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<v Speaker 2>take the tack of what these other storms have done.

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<v Speaker 2>As they start approaching the United States, they veer off

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<v Speaker 2>and go back to the East, which is where they

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<v Speaker 2>originate from in the first place. I want to talk

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<v Speaker 2>about economic news a little bit, but I also want

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<v Speaker 2>to get into some of the stuff going on in

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<v Speaker 2>the trucking industry.

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<v Speaker 3>Tomorrow.

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<v Speaker 2>I think I'm going to have to. I've been putting

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<v Speaker 2>together a bunch of information on all this ELP, the

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<v Speaker 2>English language preference, the crackdown by the Trump administration on

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<v Speaker 2>these various states, the state's reactions to that, and the

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<v Speaker 2>nut jobs out in California that act as though that

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<v Speaker 2>there's no problem that you can just release people on

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<v Speaker 2>the road that can't read signs, they can't speak English,

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<v Speaker 2>but they can drive eighty thousand pound vehicle down the highway.

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<v Speaker 2>But we'll talk about that tomorrow because there's a lot

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<v Speaker 2>of stuff going on and what I'm seeing, I'm going

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<v Speaker 2>to just say overall, it seems what is coming into

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<v Speaker 2>focus now is that with the tariffs that have been

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<v Speaker 2>issued and then pulled back, and of course if you

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<v Speaker 2>listen to the spoon federc urgitators in the mainstream media,

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<v Speaker 2>it's that what was it the was it taco? At

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<v Speaker 2>the beginning of the year, Trump always chickens out, which

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<v Speaker 2>was a bunch of crap because basically in a negotiating

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<v Speaker 2>situation and with the way Donald Trump reacts and all

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<v Speaker 2>the people around him talk about how he absorbs everything, even.

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<v Speaker 3>The Prime minister.

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<v Speaker 2>There these people that he has bumped heads with. You know,

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<v Speaker 2>remember when the Canadian Prime minister first came down here

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<v Speaker 2>the first time back in April after he was elected.

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<v Speaker 2>Trump was joking around with him about being the fifty

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<v Speaker 2>first state and the guy was a bit insulted by that.

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<v Speaker 2>Of course, the people in Canada aren't happy with that,

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<v Speaker 2>but kind of tongue in cheek on that. Because we've

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<v Speaker 2>got trade negotiations between the two countries.

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<v Speaker 3>We are very close allies.

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<v Speaker 2>The border is you know, a long border, and the

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<v Speaker 2>similar type of people are on both sides of the border,

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<v Speaker 2>and we have certain you know, they want the car

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<v Speaker 2>industry to flourish there, We want the car industry to

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<v Speaker 2>flourish here. They want manufacturing over there, We want our

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<v Speaker 2>manufacturing over here. So it's kind of like competing. I

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<v Speaker 2>made the discussion, or I made the point about here

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<v Speaker 2>in the Greater Cincinnai Northern Kentucky area, there's this constant

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<v Speaker 2>battle with Cincinnati on one side of the river and

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<v Speaker 2>Kentucky on the other side of the river, always trying

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<v Speaker 2>to poach different businesses from each.

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<v Speaker 3>Side of the river over to the other.

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<v Speaker 2>And although it's good for the individual states or individual cities,

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<v Speaker 2>it's not doing the region any good because basically, what

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<v Speaker 2>we're doing is cannibalizing our own businesses to the detriment

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<v Speaker 2>of one side versus the other, rather than encouraging other

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<v Speaker 2>businesses from outside the area to come into this area.

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<v Speaker 2>So there's that, and then it's kind of what we've

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<v Speaker 2>got going on between Canada. But it was a contentious

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<v Speaker 2>meeting that they had in April, and then later on

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<v Speaker 2>what was a week or so ago, came back to

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<v Speaker 2>the White House and they were like the best of friends.

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<v Speaker 2>They were joking about, they were having a great time.

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<v Speaker 2>There was a little chungu in cheek something, you know,

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<v Speaker 2>said they were talking about the trade negotiations. He goes, well,

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<v Speaker 2>you know there's Trump says, you know, there is one

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<v Speaker 2>way that we can solve that real easy, and that

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<v Speaker 2>Prime minister kind of like put.

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<v Speaker 3>Up his head like don't go there type of thing.

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<v Speaker 2>It was cool to see the two of them together

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<v Speaker 2>and the way they were acting, and the fact that

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<v Speaker 2>it was like they have a respect for each other.

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<v Speaker 2>And the Prime minister, Now if Canada kind of understands

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<v Speaker 2>where Trump's coming from and he understands them, and they

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<v Speaker 2>talked about this and so on. Again, we're starting to

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<v Speaker 2>see clarifications as far as these terriffs you talk about

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<v Speaker 2>on independence there or whatever they called it back on

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<v Speaker 2>April the second, when the terraffs were put into place,

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<v Speaker 2>that it was a negotiating tool. I mean, he had

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<v Speaker 2>the different documents there and talked about how, okay, this

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<v Speaker 2>particular country has these tariffs on our goods coming into

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<v Speaker 2>their country versus the terraffs that we have, and what

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<v Speaker 2>we're going to do is do reciprocal terraffts until they

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<v Speaker 2>know we negotiate new terms and they bring their terrafts

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<v Speaker 2>down and we get more on a fair playing field,

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<v Speaker 2>on a fair trade field as opposed to a free

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<v Speaker 2>trade situation. And most of these deals have been worked out,

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<v Speaker 2>and it's starting to become clear as to where these

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<v Speaker 2>tariffs are going to hit and where it's if it's

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<v Speaker 2>going to hurt a particular business or a particular industry.

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<v Speaker 2>Trump has been very good at looking at that and saying, well, okay,

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<v Speaker 2>we'll do an exemption here, we'll do an exemption for this,

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<v Speaker 2>and we'll do an exemption for that. We're seeing that

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<v Speaker 2>in the car industry. We're seeing that some of the

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<v Speaker 2>heavy trucks that we've been talking about the import of trucks,

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<v Speaker 2>because we do have trucks manufactured in the United States,

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<v Speaker 2>but we do import Volvo and Mercedes Benz type vehicles

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<v Speaker 2>into the United States, and so there's this trade off

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<v Speaker 2>between the domestic trucks and then the foreign trucks, and

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<v Speaker 2>if there's tariffs on those trucks coming in, that might

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<v Speaker 2>hurt the trucking industry itself. So he said, well, in

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<v Speaker 2>certain instances, we can push that back to November first,

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<v Speaker 2>so that we can get a better deal and maybe

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<v Speaker 2>get more of a negotiation with those countries where those

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<v Speaker 2>trucks are coming from. So again, it's been one of

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<v Speaker 2>these flexible situations to get us to a fair trade

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<v Speaker 2>situation as opposed to a free trade situation. Liberation Day

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<v Speaker 2>was a word I'm looking for as far as April

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<v Speaker 2>to second, not Freedom Day, Liberation Day. As far as

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<v Speaker 2>our trading partners and as far as the terriffs are concerned,

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<v Speaker 2>this is all starting to come in a place. Different

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<v Speaker 2>companies out there, and we may not be able to

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<v Speaker 2>get them all today, but we'll get to those over

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<v Speaker 2>the next couple of days. Some of these companies that

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<v Speaker 2>were kind of holding back on some of their predictions

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<v Speaker 2>of where they were going to be by the end

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<v Speaker 2>of the year, And of course the experts or the

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<v Speaker 2>people writing the stories about it would say, well, you know,

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<v Speaker 2>because the uncertainty of the American economy and the uncertainty

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<v Speaker 2>of tariffs and the possibility of inflation and the possibility

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<v Speaker 2>of recession and all this nonsense. Basically, and again, as

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<v Speaker 2>I've said before, trying to talk down the economy, trying

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<v Speaker 2>to manufacture a recession as opposed to encouraging people to

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<v Speaker 2>stay the course. I mean, you remember back when Russia

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<v Speaker 2>invaded Ukraine and all of a sudden, we've already had

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<v Speaker 2>gas prices from the first year of the Biden administration,

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<v Speaker 2>gas price has already gone up a full dollar. Then

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<v Speaker 2>they went up another dollar right after the Russia invaded

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<v Speaker 2>Ukraine and was approaching by the June of twenty twenty two.

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<v Speaker 2>After the Russians had invaded. In February of twenty two,

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<v Speaker 2>gas prices nationwide hit an average across the board of

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<v Speaker 2>five dollars per gallon, and back then they were talking

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<v Speaker 2>about still talking about transitory inflation. They interviewed one of

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<v Speaker 2>the spokes spokespeople for the administration and said, you know,

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<v Speaker 2>given the fact that gas prices are four dollars and

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<v Speaker 2>fifty cents and five dollars a gallon in certain places,

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<v Speaker 2>how long do you expect the American people to do

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<v Speaker 2>this in order to support Ukraine? And their attack was

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<v Speaker 2>as long as it takes. And the spoon fedric urgittators

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<v Speaker 2>in the mainstream media at that point and said, well, okay.

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<v Speaker 3>Well that was there.

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<v Speaker 2>You know, we're not going to talk about that. They

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<v Speaker 2>answered the question. We'll move on from there. I have

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<v Speaker 2>never seen so much focus on inflation as I have

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<v Speaker 2>in the last six months, eight months, nine months of

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<v Speaker 2>the Trump administration, Whereas our inflation rate is lower than

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<v Speaker 2>what it was during the Biden administration, and we're right

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<v Speaker 2>added point right now where some of the things are

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<v Speaker 2>ticking up just slight bit, but other things are coming down.

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<v Speaker 2>And yet you would think inflation is out of control.

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<v Speaker 2>You'd almost think that inflation is nine point one percent

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<v Speaker 2>like it was in twenty twenty two, when hardly anybody

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<v Speaker 2>at that point in time talked about it. So we'll

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<v Speaker 2>get into that some of the information, as far as

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<v Speaker 2>some of the policy numbers, and as well as we're

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<v Speaker 2>starting to see a focus on some of these companies

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<v Speaker 2>actually upping their guidance in terms of we think we're

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<v Speaker 2>going to have a pretty good year, where we were

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<v Speaker 2>before saying not so good. We'll pick this up on

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<v Speaker 2>the other side. I'm Kevin Gordon, America's Trucking Network seven

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<v Speaker 2>hundred WLW DO.

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<v Speaker 4>This is the.

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<v Speaker 1>Briefing rewoard on America's Trucking Network on seven hundred WLW.

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<v Speaker 5>The Indianapolis Voter Speedway, held Day one of a two

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<v Speaker 5>day test a two and a half mile oval to

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<v Speaker 5>evaluate super speedway tire compounds and give the track feedback

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<v Speaker 5>on its recent repaving on Turn two. Pado Award, alex Poalow,

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<v Speaker 5>Alexander Rossi and Takuma Sato are taking part in the

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<v Speaker 5>IndyCar test. Cadillac confirms that F one test driver Colton

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<v Speaker 5>Hurda will make his Formula two debut next season with

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<v Speaker 5>High Tech following his switch from IndyCar. Holden can only

0:10:16.200 --> 0:10:19.040
<v Speaker 5>hold a test role on this stage due to his

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<v Speaker 5>lack of an FIA super license. NHR news Elite Motorsports

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<v Speaker 5>that will be driven by Motorsports legend Tony Stewart beginning

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<v Speaker 5>in the twenty twenty six Mission Foods NHR Drag Racing season.

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<v Speaker 1>This is the racing report on America's drugging network on

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<v Speaker 1>seven hundred WLW Say Dennison.

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<v Speaker 4>A t N Finally, Brandon, the Tri State Aqua proof

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<v Speaker 3>Listen, I talked.

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<v Speaker 2>About economic news, and it's important because out there, as

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<v Speaker 2>you're driving around out there, as you're seeing things develop,

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<v Speaker 2>you are hearing things and seeing things. As a matter

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<v Speaker 2>of fact, I'm hearing news reports where I'm thinking, where

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<v Speaker 2>in the hell are they picking up that news bit

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<v Speaker 2>and what are they focusing on there?

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<v Speaker 3>As opposed to this.

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<v Speaker 2>You know, you take a set of of stories and

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<v Speaker 2>you've got ab cd ef that is positive stuff, and

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<v Speaker 2>then somewhere along the line, they'll pull an I out,

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<v Speaker 2>you know, in HI, and then pull that in there

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<v Speaker 2>to make things not seem as good as they actually are.

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<v Speaker 2>And it seems that those are the kinds of things

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<v Speaker 2>that they tend to focus on. What I try to

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<v Speaker 2>do here is cut through all that noise, cut through

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<v Speaker 2>all that crap, and get right to the heart of

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<v Speaker 2>the matter. And in fact, a lot of people have

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<v Speaker 2>been talking about the Federal Reserve and what they're planning

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<v Speaker 2>on doing on October the on their meeting in October

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<v Speaker 2>the twenty eighth and twenty ninth of this month, as

0:11:58.320 --> 0:12:00.800
<v Speaker 2>to whether or not they're going to lower interest rates

0:12:00.880 --> 0:12:02.440
<v Speaker 2>or what they're going to do they're going to hold

0:12:02.480 --> 0:12:05.240
<v Speaker 2>rate steady, just exactly what they're going to do. A

0:12:05.280 --> 0:12:07.240
<v Speaker 2>lot of people are predicting that they're going to have

0:12:07.280 --> 0:12:09.160
<v Speaker 2>two more rate cuts by the end of the year.

0:12:09.440 --> 0:12:11.080
<v Speaker 2>If they're going to do that, they better get on

0:12:11.120 --> 0:12:15.079
<v Speaker 2>it because we're running out of months. But again, people

0:12:15.120 --> 0:12:17.000
<v Speaker 2>are focusing on, well, you know, if you look at

0:12:17.000 --> 0:12:20.959
<v Speaker 2>what the Federal Reserve minutes said back then when they met,

0:12:21.480 --> 0:12:25.560
<v Speaker 2>those were released the September meeting, were released the first

0:12:25.600 --> 0:12:28.200
<v Speaker 2>part of October, and I was pulling out some of

0:12:28.200 --> 0:12:31.720
<v Speaker 2>that stuff, and I'm seeing people referencing that, and I

0:12:31.800 --> 0:12:33.800
<v Speaker 2>just want to address a couple of things in there.

0:12:34.760 --> 0:12:39.040
<v Speaker 2>Despite what we're hearing. The Federal Reserve, the Federal Reserve,

0:12:39.880 --> 0:12:42.040
<v Speaker 2>and this was the story back on October. The eighth

0:12:42.200 --> 0:12:45.360
<v Speaker 2>Federal Reserve on Wednesday, and that was back then released

0:12:45.360 --> 0:12:48.679
<v Speaker 2>the minutes from their central Bank's monetary policy meeting last week,

0:12:48.920 --> 0:12:52.920
<v Speaker 2>which some showed that while policymakers anticipated for their interest

0:12:53.000 --> 0:12:56.200
<v Speaker 2>rate cuts, they remained committed to bringing inflation back to

0:12:56.240 --> 0:12:58.880
<v Speaker 2>its two percent target, which is exactly what they've been

0:12:58.920 --> 0:13:02.960
<v Speaker 2>talking about all along, except in September of twenty twenty four,

0:13:03.000 --> 0:13:06.120
<v Speaker 2>when they wanted Kamala Harris to become president. They lowered

0:13:06.120 --> 0:13:09.679
<v Speaker 2>interest rates by half a percentage point to push her

0:13:09.720 --> 0:13:12.720
<v Speaker 2>across the line, to try to make things seem as

0:13:12.760 --> 0:13:15.439
<v Speaker 2>far as the Biden administration going on better, even though

0:13:15.520 --> 0:13:18.480
<v Speaker 2>interest rates or I'm sorry, the inflation rate was still

0:13:18.559 --> 0:13:21.720
<v Speaker 2>nowhere near two percent, and they blamed it and they said, well,

0:13:21.720 --> 0:13:24.360
<v Speaker 2>we're concerned about the jobs market right now and we

0:13:24.440 --> 0:13:26.160
<v Speaker 2>need to prop that up a little bit, even though

0:13:26.200 --> 0:13:28.480
<v Speaker 2>there was no signs that the job market was softening.

0:13:28.520 --> 0:13:31.520
<v Speaker 2>But again that's the excuse they used, Lion Jerry Powell

0:13:31.520 --> 0:13:35.199
<v Speaker 2>and the boys. The most recent regarding the Crewman's consumer

0:13:35.240 --> 0:13:37.880
<v Speaker 2>price index was two point nine percent a year over

0:13:38.040 --> 0:13:40.800
<v Speaker 2>year for the month of August, all the feds preferred

0:13:40.880 --> 0:13:44.400
<v Speaker 2>inflation gage. The personal consumption expenditure was up to two

0:13:44.400 --> 0:13:48.520
<v Speaker 2>point seven percent year over year. Now, the personal consumption expenditures,

0:13:48.520 --> 0:13:51.920
<v Speaker 2>you know, you have this consumer price indcks. Well, by

0:13:51.960 --> 0:13:54.960
<v Speaker 2>the way, that was supposed to be released last week

0:13:55.000 --> 0:13:57.600
<v Speaker 2>because of the government shut down to bringing the people

0:13:57.640 --> 0:14:00.800
<v Speaker 2>back in on furloughing those people, and they're going to

0:14:00.800 --> 0:14:03.959
<v Speaker 2>be releasing that data I think either Thursday or Friday

0:14:04.000 --> 0:14:07.360
<v Speaker 2>of this week. But we're going to have those numbers then,

0:14:07.679 --> 0:14:11.920
<v Speaker 2>But what we have the CPI, the consumer price index,

0:14:11.960 --> 0:14:15.880
<v Speaker 2>which is the entire basket of items that are out there,

0:14:15.920 --> 0:14:19.200
<v Speaker 2>all the way from avocados to zinc and everything in between,

0:14:19.280 --> 0:14:22.720
<v Speaker 2>all the services, everything that has sold, everything that has purchased,

0:14:23.280 --> 0:14:26.400
<v Speaker 2>everything that is available for sale, where those prices are

0:14:26.440 --> 0:14:29.280
<v Speaker 2>even in the services business, where you know, the services

0:14:29.480 --> 0:14:32.440
<v Speaker 2>prices are up here, service prices are down over here.

0:14:32.680 --> 0:14:35.400
<v Speaker 2>So everything across the board, everything that goes into the

0:14:35.400 --> 0:14:39.800
<v Speaker 2>economy is in that number. The personal consumption expenditures is

0:14:39.840 --> 0:14:42.000
<v Speaker 2>more in line with what do people do on a

0:14:42.080 --> 0:14:45.160
<v Speaker 2>daily basis, what are their normal purchases. Well, your normal

0:14:45.160 --> 0:14:48.720
<v Speaker 2>purchases are you fill up your car gas, you have

0:14:48.880 --> 0:14:51.400
<v Speaker 2>certain repairs done in your car, You buy a certain

0:14:51.400 --> 0:14:54.920
<v Speaker 2>amount of clothes, you eat, you know, you buy groceries

0:14:55.000 --> 0:14:57.560
<v Speaker 2>and those sorts of things. So it's the stuff that

0:14:57.640 --> 0:15:00.400
<v Speaker 2>you do on almost a daily basis in terms of

0:15:00.480 --> 0:15:03.120
<v Speaker 2>what you spend your money on. Now, the high ticket

0:15:03.120 --> 0:15:07.000
<v Speaker 2>items like you know, buying furniture or refrigerators, washer and dryer,

0:15:07.120 --> 0:15:09.560
<v Speaker 2>or a new car or something like that, those are

0:15:09.600 --> 0:15:11.560
<v Speaker 2>some of the things that you do periodic. I mean

0:15:11.600 --> 0:15:13.720
<v Speaker 2>you do that like once every three years, four years

0:15:14.040 --> 0:15:16.800
<v Speaker 2>or thereabouts. It might well, we won't get into me,

0:15:16.960 --> 0:15:19.640
<v Speaker 2>because I don't buy I've had the same car for

0:15:19.680 --> 0:15:22.520
<v Speaker 2>twenty some years now. It's still running and it's still

0:15:22.560 --> 0:15:25.440
<v Speaker 2>doing the job. But anyway, it's a story for another day.

0:15:26.040 --> 0:15:31.360
<v Speaker 2>But the consumer or the producer or the personal consumption

0:15:31.480 --> 0:15:34.080
<v Speaker 2>expenditures is more in line with what we do on

0:15:34.120 --> 0:15:37.680
<v Speaker 2>a daily basis and at a better gauge as far

0:15:37.720 --> 0:15:41.200
<v Speaker 2>as what inflation is doing and how it's affecting the

0:15:41.240 --> 0:15:45.640
<v Speaker 2>actual individuals as opposed to the entire economy itself. So

0:15:45.960 --> 0:15:48.600
<v Speaker 2>when they talk about the personal consumption expenditure at two

0:15:48.680 --> 0:15:53.360
<v Speaker 2>point seven percent versus the overall consumer price index at

0:15:53.400 --> 0:15:55.600
<v Speaker 2>two point nine, we're a little bit closer to that

0:15:55.640 --> 0:16:00.880
<v Speaker 2>two percentage point range. Metrics have been noticeably lower earlier

0:16:00.920 --> 0:16:02.920
<v Speaker 2>in the year when the consumer Price Index was a

0:16:02.960 --> 0:16:06.160
<v Speaker 2>two point three and PCE is with point two point

0:16:06.240 --> 0:16:10.160
<v Speaker 2>two in April. But again that's when things started kicking in.

0:16:10.200 --> 0:16:12.560
<v Speaker 2>And I keep talking about the fact that some of

0:16:12.560 --> 0:16:15.440
<v Speaker 2>these contracts that we saw as far as UAW, the

0:16:15.520 --> 0:16:19.080
<v Speaker 2>railroad workers, ups, dock workers and so on, all of

0:16:19.080 --> 0:16:21.240
<v Speaker 2>those have kicked in. And if you go back and

0:16:21.280 --> 0:16:23.920
<v Speaker 2>we've talked about that on this program that a lot

0:16:24.000 --> 0:16:27.680
<v Speaker 2>of those contracts were like a fifty to sixty percent

0:16:28.000 --> 0:16:32.760
<v Speaker 2>increase from their previous contract over the next six years,

0:16:33.040 --> 0:16:37.640
<v Speaker 2>which means that all of their wages, plus the fact

0:16:37.640 --> 0:16:42.120
<v Speaker 2>that they've got kind of a kick in like retroactively

0:16:42.280 --> 0:16:45.240
<v Speaker 2>and a lump sum payment just to sign the contract

0:16:45.560 --> 0:16:48.440
<v Speaker 2>that was done in that particular month, and then a

0:16:48.560 --> 0:16:52.000
<v Speaker 2>ten percent increase in their wages every year for the

0:16:52.040 --> 0:16:55.080
<v Speaker 2>next six years. So when you've got a ten percent

0:16:55.240 --> 0:17:00.480
<v Speaker 2>increase in wages with dock workers, auto workers, ups drivers,

0:17:01.080 --> 0:17:03.800
<v Speaker 2>railroad workers and stuff, that's going to have an effect

0:17:03.800 --> 0:17:08.200
<v Speaker 2>on the economy. And eventually that's going to increase prices.

0:17:08.359 --> 0:17:11.040
<v Speaker 2>And it's not because of tariffs, it's not because of

0:17:11.320 --> 0:17:13.800
<v Speaker 2>some of the other factors they're talking about. It's the

0:17:13.920 --> 0:17:18.440
<v Speaker 2>actual wages themselves going up. And again i'm not criticizing

0:17:18.480 --> 0:17:21.560
<v Speaker 2>the fact that some people that had their contracts expire

0:17:21.640 --> 0:17:25.920
<v Speaker 2>the month of the year during the period of time

0:17:26.000 --> 0:17:29.040
<v Speaker 2>when we were involved with the plandemic, and they had

0:17:29.040 --> 0:17:32.240
<v Speaker 2>to postpone those negotiations until twenty twenty two to twenty

0:17:32.280 --> 0:17:36.159
<v Speaker 2>twenty three when things got back away from the supply

0:17:36.280 --> 0:17:38.520
<v Speaker 2>chain issues and that, and they actually got to the

0:17:38.520 --> 0:17:41.440
<v Speaker 2>negotiating table, and you figure out a period of time

0:17:41.520 --> 0:17:44.760
<v Speaker 2>between twenty nineteen roughly and maybe twenty twenty two to

0:17:44.840 --> 0:17:47.720
<v Speaker 2>twenty twenty three where they had been going under the

0:17:47.920 --> 0:17:51.040
<v Speaker 2>old contract that had not been renewed. I can see

0:17:51.040 --> 0:17:53.840
<v Speaker 2>people saying, well, far wages haven't gone up in four

0:17:53.920 --> 0:17:57.200
<v Speaker 2>or five years, were behind because of the inflation caused

0:17:57.240 --> 0:18:00.040
<v Speaker 2>by the pandemic and thereafter and then getting into the

0:18:00.080 --> 0:18:03.400
<v Speaker 2>Biden administration, went in twenty twenty two, you had inflation

0:18:03.520 --> 0:18:05.919
<v Speaker 2>in the month of June go up nine percent. If

0:18:05.960 --> 0:18:08.200
<v Speaker 2>you're still doing the same wages that you were doing

0:18:08.240 --> 0:18:12.119
<v Speaker 2>prior to the pandemic, you're really hurting. So again, people

0:18:12.200 --> 0:18:15.560
<v Speaker 2>keeping up with inflation, keeping up as far as wages

0:18:15.560 --> 0:18:17.760
<v Speaker 2>are concerned. I don't have a problem with that, But

0:18:17.840 --> 0:18:20.359
<v Speaker 2>don't sugarcoat it and say, well, you know, our prices

0:18:20.400 --> 0:18:24.000
<v Speaker 2>are going up, but it's other factors other than salaries

0:18:24.000 --> 0:18:26.000
<v Speaker 2>and wages. Be honest about it and say this is

0:18:26.000 --> 0:18:30.119
<v Speaker 2>what's causing the inflation to a certain extent. But again

0:18:30.400 --> 0:18:33.000
<v Speaker 2>they talk about in here that they wanted to be

0:18:33.400 --> 0:18:39.240
<v Speaker 2>concerned about was inflation. FOMC, the Federal Reserve Open Market

0:18:39.240 --> 0:18:43.520
<v Speaker 2>Committee noted that participants generally thought that this year's tariff

0:18:43.760 --> 0:18:47.879
<v Speaker 2>increase had put upward pressure on inflation. Some remarked that

0:18:47.920 --> 0:18:51.160
<v Speaker 2>these effects appeared to have been somewhat muted to date

0:18:51.560 --> 0:18:55.840
<v Speaker 2>relative to expectations from earlier in the year. So again,

0:18:56.280 --> 0:18:59.360
<v Speaker 2>here it is a situation where they were expecting inflation

0:18:59.480 --> 0:19:02.360
<v Speaker 2>to go up tremendously as a result of the tariffs,

0:19:02.680 --> 0:19:06.560
<v Speaker 2>and it's almost like these so called experts, which are

0:19:06.600 --> 0:19:09.199
<v Speaker 2>supposed to have their finger on the pulse of the

0:19:09.240 --> 0:19:13.320
<v Speaker 2>economy are shot when it didn't happen, and they're like

0:19:13.440 --> 0:19:16.359
<v Speaker 2>scratching their heads. Well, we said this was going to happen,

0:19:16.440 --> 0:19:19.000
<v Speaker 2>and it hasn't happened yet. We'll talk about this coming up.

0:19:19.000 --> 0:19:23.960
<v Speaker 2>I'm Kevin Gordon, America's truck a Network seven hundred WLW.

0:19:23.720 --> 0:19:31.080
<v Speaker 4>News Traffic and Weather. News Radio seven hundred WLW, Cincinnati.

0:19:31.880 --> 0:19:34.640
<v Speaker 6>A man pardon for his role in the January sixth

0:19:34.720 --> 0:19:38.840
<v Speaker 6>attack on the Capitol. He's under arrest again, accused of

0:19:38.880 --> 0:19:42.960
<v Speaker 6>threatening to kill House Minority leader Hakeem Jeffries. With your

0:19:43.000 --> 0:19:47.320
<v Speaker 6>twelve thirty report, I'm Travis Laird breaking now. Federal agents

0:19:47.440 --> 0:19:52.200
<v Speaker 6>say Christopher moynihan sent text messages promising to eliminate Jeffries

0:19:52.280 --> 0:19:55.360
<v Speaker 6>during an upcoming speech in New York. He was arrested

0:19:55.400 --> 0:19:58.720
<v Speaker 6>Monday night on terroristic threat charges, and he's being held

0:19:58.760 --> 0:20:01.880
<v Speaker 6>without bail. House Speaker Mike Johnson called the threat shameful

0:20:02.000 --> 0:20:05.119
<v Speaker 6>and said anyone who targets elected officials should face the

0:20:05.160 --> 0:20:08.359
<v Speaker 6>full weight of the Justice Department. Jeffries, for his part,

0:20:08.400 --> 0:20:12.720
<v Speaker 6>thanked police and said pardoning rioters has put communities at risk.

0:20:13.800 --> 0:20:16.959
<v Speaker 4>Now the latest forecast from the Train Heating and Cooling

0:20:17.000 --> 0:20:20.600
<v Speaker 4>Weather Center on News Radio seven hundred WLW.

0:20:21.480 --> 0:20:24.920
<v Speaker 7>As we head to Wednesday morning, We've got clear skies

0:20:25.400 --> 0:20:28.560
<v Speaker 7>morning low forty four. Now, our Wednesday is going to

0:20:28.640 --> 0:20:32.160
<v Speaker 7>be mostly sunny, chilli but windy. We'll see a high

0:20:32.200 --> 0:20:36.040
<v Speaker 7>of fifty six at night, gets colder, but it stays clear,

0:20:36.280 --> 0:20:40.439
<v Speaker 7>low thirty nine. That's the forecast. I'm nine first Warning,

0:20:40.760 --> 0:20:43.040
<v Speaker 7>Chief Meteorologist Steve Rawley.

0:20:43.240 --> 0:20:47.840
<v Speaker 6>Right now, fifty two degrees in Cincinnati, Ohio. Republicans still

0:20:47.920 --> 0:20:51.560
<v Speaker 6>haven't released a new congressional app and the deadline is just.

0:20:51.520 --> 0:20:52.159
<v Speaker 3>A week away.

0:20:52.480 --> 0:20:55.959
<v Speaker 6>The state Redistricting Commission met in Columbus on Monday, but

0:20:56.000 --> 0:21:00.840
<v Speaker 6>adjourned without presenting a plan, prompting jeers from citizens asking where.

0:21:00.720 --> 0:21:01.520
<v Speaker 3>Is the map.

0:21:02.000 --> 0:21:06.000
<v Speaker 6>Democrats say their proposal would create eight Republican leaning and

0:21:06.160 --> 0:21:11.320
<v Speaker 6>seven Democratic districts, reflecting Ohio's vote split. Republicans currently ConTroll

0:21:11.400 --> 0:21:14.480
<v Speaker 6>ten of fifteen seats now and want to keep at

0:21:14.600 --> 0:21:18.639
<v Speaker 6>least twelve. State Senate Minority leader Nicky Antonio says the

0:21:18.680 --> 0:21:21.840
<v Speaker 6>GOP is stalling until November, when they can pass a

0:21:21.880 --> 0:21:25.520
<v Speaker 6>map without Democratic support, and she's already talking about a

0:21:25.520 --> 0:21:29.639
<v Speaker 6>referendum if that happens. Covington City leaders are considering a

0:21:29.680 --> 0:21:32.960
<v Speaker 6>plan to let people carry open alcohol containers in parts

0:21:33.000 --> 0:21:37.080
<v Speaker 6>of downtown. The proposal would create a common consumption area

0:21:37.119 --> 0:21:41.120
<v Speaker 6>from Eighth Street to River Center along Madison Avenue, allowing

0:21:41.200 --> 0:21:44.720
<v Speaker 6>drinks in marked cups while shopping or walking. Mayor Ron

0:21:44.840 --> 0:21:48.199
<v Speaker 6>Washington says other communities have done this without problems. The

0:21:48.280 --> 0:21:50.720
<v Speaker 6>hours under review would be five to ten pm on

0:21:50.800 --> 0:21:55.200
<v Speaker 6>Thursdays and five to five to midnight on Friday and Saturday.

0:21:55.640 --> 0:21:58.240
<v Speaker 6>Your next update is with Lee Mawin at one o'clock

0:21:58.320 --> 0:22:02.679
<v Speaker 6>breaking news anytime. I'm Travis Laird News Radio seven hundred

0:22:03.440 --> 0:22:06.040
<v Speaker 6>l w you ever wonder how far.

0:22:05.880 --> 0:22:07.720
<v Speaker 3>An EV can take you on one shard.

0:22:13.119 --> 0:22:15.480
<v Speaker 8>Here's your trucking forecast for the tri State and the

0:22:15.480 --> 0:22:17.479
<v Speaker 8>rest of the country and the Try State. Over Night,

0:22:17.520 --> 0:22:20.840
<v Speaker 8>partly cloudy, the low down to forty three, partly sunny. Wednesday,

0:22:20.880 --> 0:22:24.320
<v Speaker 8>temperatures in the upper fifties. Both Thursday and Friday sunny,

0:22:24.320 --> 0:22:28.800
<v Speaker 8>with highs around sixty Nationally. Continuing into Wednesday, chiley conditions

0:22:28.800 --> 0:22:31.119
<v Speaker 8>and showers will be seen across the Great Lakes region,

0:22:31.359 --> 0:22:35.240
<v Speaker 8>with lake effects storm bands possible near Lake Erie. Meanwhile,

0:22:35.320 --> 0:22:39.000
<v Speaker 8>near record warmth this time of year seen across southern Texas. Tuesday,

0:22:40.840 --> 0:22:44.440
<v Speaker 8>seven hundred w l W. I'm Kevin Gordon is America's

0:22:44.440 --> 0:22:45.159
<v Speaker 8>Trucking Network.

0:22:45.280 --> 0:22:47.240
<v Speaker 2>Miss any of our segments earning of our other shows,

0:22:47.280 --> 0:22:49.560
<v Speaker 2>hit up that iHeartRadio app of course, brought to you

0:22:49.560 --> 0:22:51.879
<v Speaker 2>by our friends at Rush Truck Centers talking about the

0:22:51.920 --> 0:22:54.200
<v Speaker 2>FED minutes again. And the more and more I dig

0:22:54.280 --> 0:22:56.760
<v Speaker 2>into this, and the more I read into this, it

0:22:56.800 --> 0:23:00.199
<v Speaker 2>was like, do these people even have a clue? What

0:23:00.359 --> 0:23:02.920
<v Speaker 2>was the I can't I can never remember. I wish,

0:23:03.119 --> 0:23:05.520
<v Speaker 2>I wish I had the paper with me. But what

0:23:05.640 --> 0:23:08.879
<v Speaker 2>they talk about as far as economists, the definition of

0:23:08.880 --> 0:23:14.560
<v Speaker 2>an economist is somebody that will tell you why something

0:23:14.640 --> 0:23:17.880
<v Speaker 2>they predicted yesterday didn't happen today.

0:23:18.080 --> 0:23:20.040
<v Speaker 3>They'll be able to explain that to you tomorrow.

0:23:20.200 --> 0:23:24.400
<v Speaker 2>So they predict something, then it doesn't happen, and then

0:23:24.440 --> 0:23:28.440
<v Speaker 2>they explain why it didn't happen. And one person said, well,

0:23:28.480 --> 0:23:31.840
<v Speaker 2>the only reason they invented economists that made weather forecasters

0:23:31.880 --> 0:23:34.520
<v Speaker 2>look better. And it's true. I mean, when you look

0:23:34.520 --> 0:23:37.600
<v Speaker 2>at the way these economists look at certain things and

0:23:37.680 --> 0:23:41.600
<v Speaker 2>the predictions that they make, and reading these FED minutes

0:23:41.680 --> 0:23:45.800
<v Speaker 2>they talk about in there during their discussions. The minutes

0:23:45.840 --> 0:23:49.400
<v Speaker 2>added that the policymakers generally thought inflation would be closer

0:23:49.440 --> 0:23:53.280
<v Speaker 2>to target, but the higher terriffs, with some observing that

0:23:53.320 --> 0:23:56.160
<v Speaker 2>the business contacts they had indicated that they were going

0:23:56.200 --> 0:23:59.439
<v Speaker 2>to be raising prices and they were surprised that it

0:23:59.560 --> 0:24:03.199
<v Speaker 2>hasn't raise prices, and that they were surprised that terifts

0:24:03.200 --> 0:24:06.480
<v Speaker 2>haven't raised prices, even though this is the thing that's

0:24:06.520 --> 0:24:09.679
<v Speaker 2>been holding them back, saying that, well, we expect teriffs

0:24:09.720 --> 0:24:14.320
<v Speaker 2>to increase prices, so we're worried about inflation in the future,

0:24:14.560 --> 0:24:17.040
<v Speaker 2>so we're going to hold back on interest rate cuts.

0:24:17.400 --> 0:24:21.199
<v Speaker 2>Now we're nine months into this and they're still saying that, well,

0:24:21.480 --> 0:24:24.119
<v Speaker 2>we're not seeing it yet, but we may see it

0:24:24.280 --> 0:24:26.440
<v Speaker 2>by the end of the year or early next year,

0:24:26.640 --> 0:24:29.760
<v Speaker 2>so they keep pushing off when they expect to see

0:24:29.920 --> 0:24:33.400
<v Speaker 2>this budge in inflation. And then even lion Jerry Powell

0:24:33.400 --> 0:24:36.520
<v Speaker 2>has come out and said that the tariffs, the way

0:24:36.560 --> 0:24:38.520
<v Speaker 2>it would work, would be it would be a one

0:24:38.680 --> 0:24:44.080
<v Speaker 2>time of raise in inflation that particular period, but it

0:24:44.119 --> 0:24:48.640
<v Speaker 2>would not be long term. And so with that in mind,

0:24:49.040 --> 0:24:52.399
<v Speaker 2>why are you so worried about inflation over the next

0:24:52.440 --> 0:24:55.639
<v Speaker 2>six months when it's going to be a one time increase.

0:24:56.119 --> 0:24:59.760
<v Speaker 2>I just you know, the clarification of what they actually

0:24:59.760 --> 0:25:03.800
<v Speaker 2>say and what the numbers actually are, the fact that

0:25:04.280 --> 0:25:08.560
<v Speaker 2>their predictions are not happening, and yet they're still holding

0:25:08.560 --> 0:25:11.240
<v Speaker 2>to it and saying, well, it's gonna come. You know,

0:25:11.280 --> 0:25:14.320
<v Speaker 2>it reminds me, and I've said this before, reminds me

0:25:14.359 --> 0:25:16.159
<v Speaker 2>of remember when they used to have what it was,

0:25:16.320 --> 0:25:19.440
<v Speaker 2>the Globe and the other rag and you know.

0:25:19.359 --> 0:25:19.439
<v Speaker 9>The.

0:25:21.040 --> 0:25:24.760
<v Speaker 2>Gossip papers at the checkout counter. You'd be standing there

0:25:24.800 --> 0:25:26.840
<v Speaker 2>on line and you pick the thing up and the

0:25:26.920 --> 0:25:28.959
<v Speaker 2>headline would say, oh, the world's coming to an end.

0:25:29.119 --> 0:25:30.719
<v Speaker 2>Or at the end of the year they say, oh,

0:25:30.760 --> 0:25:32.680
<v Speaker 2>these are the predictions for next year, and it was

0:25:32.720 --> 0:25:35.159
<v Speaker 2>going to be you know, there's going to be a

0:25:35.240 --> 0:25:39.560
<v Speaker 2>depression that this particular world event was going to happen

0:25:39.680 --> 0:25:42.440
<v Speaker 2>and so on, and that the predictions never came true,

0:25:42.880 --> 0:25:45.400
<v Speaker 2>and so it would be like, well, somebody would make.

0:25:45.320 --> 0:25:47.880
<v Speaker 3>This prediction every year for like a five year period of.

0:25:47.840 --> 0:25:49.879
<v Speaker 2>Time or something, and then when it eventually happened, it

0:25:49.880 --> 0:25:52.480
<v Speaker 2>was like, see, I told you so. Well, you know,

0:25:52.520 --> 0:25:54.959
<v Speaker 2>if you're so good at predicting, maybe you could have

0:25:55.000 --> 0:25:57.439
<v Speaker 2>that prediction a little closer to the event as opposed

0:25:57.480 --> 0:26:00.440
<v Speaker 2>to just making that prediction year after year a year

0:26:00.640 --> 0:26:03.000
<v Speaker 2>and then when it actually happens, take credit for it.

0:26:03.200 --> 0:26:05.280
<v Speaker 2>So that's what I see as far as these economists,

0:26:05.680 --> 0:26:08.080
<v Speaker 2>as far as these people on the on the Federal

0:26:08.119 --> 0:26:10.880
<v Speaker 2>Reserve is concern. Now, there was one person that's been

0:26:10.920 --> 0:26:14.000
<v Speaker 2>added to the Federal Reserve Board as Stephen Maren. He

0:26:14.080 --> 0:26:19.040
<v Speaker 2>is a person that is in the in the Trump administration,

0:26:19.400 --> 0:26:21.520
<v Speaker 2>and he has been very adamant he wanted to see

0:26:21.880 --> 0:26:24.680
<v Speaker 2>the interest rate coming down at full half a percentage point,

0:26:24.800 --> 0:26:29.320
<v Speaker 2>whereas everybody else settled on that quarter percent interest rate decrease.

0:26:29.800 --> 0:26:34.199
<v Speaker 2>And again they're talking in here, and it blows me

0:26:34.240 --> 0:26:38.000
<v Speaker 2>away that they it's like they're just looking at this

0:26:38.240 --> 0:26:42.160
<v Speaker 2>one month in time as opposed to folks, we've been

0:26:42.200 --> 0:26:44.679
<v Speaker 2>making this prediction for the last nine months and it

0:26:44.680 --> 0:26:48.280
<v Speaker 2>hasn't happened. It ought to be indication that ain't gonna happen.

0:26:48.359 --> 0:26:51.520
<v Speaker 2>So maybe we can start focusing on something else. But again,

0:26:52.040 --> 0:26:57.000
<v Speaker 2>that's the Federal Reserve. Then we have. And this is

0:26:57.040 --> 0:27:00.200
<v Speaker 2>the guy that really boggles my mind. He is the

0:27:00.200 --> 0:27:03.280
<v Speaker 2>the president of the Chicago FED. He's a guy by

0:27:03.320 --> 0:27:06.880
<v Speaker 2>the name of Austin Goldsby. Now, if you're not familiar

0:27:06.960 --> 0:27:09.800
<v Speaker 2>with him, he was the chairman of the Council of

0:27:09.880 --> 0:27:16.600
<v Speaker 2>Economic Advisors to Obama during the Obama administration and after that,

0:27:16.960 --> 0:27:19.600
<v Speaker 2>he was one of these guys that when they needed

0:27:19.640 --> 0:27:22.760
<v Speaker 2>a liberal economist on one of these shows to talk

0:27:22.800 --> 0:27:26.520
<v Speaker 2>about or downgrade the first Trump administration, he'd be out

0:27:26.520 --> 0:27:28.760
<v Speaker 2>there talking about it, how you know, all things were

0:27:28.800 --> 0:27:31.920
<v Speaker 2>so much better during the Obama years and we did

0:27:31.960 --> 0:27:33.879
<v Speaker 2>this and we did that, when in fact it was

0:27:33.920 --> 0:27:35.840
<v Speaker 2>a lie. And he's you know, all this sort of stuff.

0:27:36.000 --> 0:27:38.840
<v Speaker 2>I mean, I remember seeing some of the stuff that

0:27:38.880 --> 0:27:40.480
<v Speaker 2>he would predict and some of the stuff that he

0:27:40.520 --> 0:27:43.600
<v Speaker 2>had talk about. But he's now on the Federal Reserve board,

0:27:43.960 --> 0:27:46.840
<v Speaker 2>and so he is now being interviewed by all these

0:27:46.840 --> 0:27:51.159
<v Speaker 2>different people. Federal Reserve Bank President Austin Goldsby discussed the

0:27:51.200 --> 0:27:54.960
<v Speaker 2>impact of government shutdown would have on the agency, inflation

0:27:55.040 --> 0:27:58.920
<v Speaker 2>and more on the claimant countdown. This was on Fox Business,

0:27:59.640 --> 0:28:02.760
<v Speaker 2>this claim and Holds this show, and he was on there.

0:28:03.240 --> 0:28:07.560
<v Speaker 2>Now I've talked about this. They talk about how the

0:28:07.600 --> 0:28:11.880
<v Speaker 2>government reports that the Federal Reserve relies on that that's

0:28:11.920 --> 0:28:15.919
<v Speaker 2>going to call into question the accuracy of those numbers. Again,

0:28:16.040 --> 0:28:18.600
<v Speaker 2>I point to the fact that as we have learned,

0:28:18.960 --> 0:28:23.200
<v Speaker 2>and like I said, we have had in the last year,

0:28:23.480 --> 0:28:27.480
<v Speaker 2>or with Trump involved with anything, we have stuff that

0:28:27.600 --> 0:28:31.119
<v Speaker 2>goes on year after year after year after year, and

0:28:31.320 --> 0:28:35.000
<v Speaker 2>people with common sense will say, why is that happening? Oh,

0:28:35.080 --> 0:28:37.720
<v Speaker 2>that's just the way it is. Well with the Trump

0:28:37.760 --> 0:28:40.520
<v Speaker 2>administration and what he does is it winds up being

0:28:40.640 --> 0:28:42.720
<v Speaker 2>like the Wizard of Oz that pull back the curtain

0:28:42.960 --> 0:28:45.680
<v Speaker 2>and see the guy back there just manipulating the buttons

0:28:45.880 --> 0:28:48.040
<v Speaker 2>to make it seem like this grand wizard up there

0:28:48.120 --> 0:28:51.400
<v Speaker 2>is some sort of all seeing, all knowing individual and

0:28:51.440 --> 0:28:53.560
<v Speaker 2>they pull the curtain back and realize it's just a

0:28:53.640 --> 0:28:57.440
<v Speaker 2>human being of faking it. And with so many things

0:28:57.440 --> 0:29:00.080
<v Speaker 2>that the Trump administration has pulled the curtain back on,

0:29:00.360 --> 0:29:03.080
<v Speaker 2>and people have said, well, yeah, okay, well why is

0:29:03.120 --> 0:29:03.760
<v Speaker 2>this being done?

0:29:03.960 --> 0:29:04.960
<v Speaker 3>The whole deal of.

0:29:06.760 --> 0:29:09.960
<v Speaker 2>Foreign aids, where that money is going, some of the waste,

0:29:09.960 --> 0:29:12.480
<v Speaker 2>fraud and abuse that's come about, some of the stuff

0:29:12.520 --> 0:29:15.479
<v Speaker 2>going on as far as immigration reform, why is this

0:29:15.560 --> 0:29:17.520
<v Speaker 2>being done? And this is one of those areas that

0:29:17.520 --> 0:29:20.280
<v Speaker 2>I've been talking about here we've got the Federal Reserve

0:29:20.400 --> 0:29:23.520
<v Speaker 2>worried about where these economic data is coming from. Well,

0:29:23.560 --> 0:29:28.120
<v Speaker 2>because of the Trump criticizing the Federal Reserve and especially

0:29:29.000 --> 0:29:31.880
<v Speaker 2>Jerome Powell and saying that, you know, he thinks that

0:29:31.920 --> 0:29:34.960
<v Speaker 2>guy should be fired and replaced, and the fact that

0:29:35.280 --> 0:29:38.200
<v Speaker 2>the Federal Reserve does certain things, people started taking a

0:29:38.200 --> 0:29:41.000
<v Speaker 2>look at the individual members of the Federal Reserve. We

0:29:41.120 --> 0:29:44.959
<v Speaker 2>have one person that resigned recently as a result of

0:29:45.280 --> 0:29:48.840
<v Speaker 2>maybe some improprieties that they did as far as as

0:29:48.880 --> 0:29:53.640
<v Speaker 2>far as her individual finances were concerned, possibly mortgage fraud.

0:29:53.680 --> 0:29:57.480
<v Speaker 2>The one that the other one, Lisa Cook, that being

0:29:57.560 --> 0:30:01.400
<v Speaker 2>talked about trying to force her to retire or resigned

0:30:01.520 --> 0:30:04.400
<v Speaker 2>because she had done the same thing where she claimed

0:30:04.440 --> 0:30:07.280
<v Speaker 2>that the house she lives in is her permanent resident,

0:30:07.400 --> 0:30:10.120
<v Speaker 2>got the loan on that and then later on bought

0:30:10.760 --> 0:30:14.440
<v Speaker 2>a vacation home base basically for rental property, and claimed

0:30:14.440 --> 0:30:16.760
<v Speaker 2>that that was her permanent home and then you'd get

0:30:16.760 --> 0:30:19.560
<v Speaker 2>a better interest rates on that. So that's mortgage fraud.

0:30:19.720 --> 0:30:21.880
<v Speaker 2>And here is a member of the Federal Reserve. Here's

0:30:21.920 --> 0:30:26.160
<v Speaker 2>somebody who's an economics professor up in University of Michigan

0:30:26.640 --> 0:30:28.880
<v Speaker 2>doing stuff that you and I would go to jail for,

0:30:29.200 --> 0:30:31.240
<v Speaker 2>and yet they think it's okay. Oh, it was just

0:30:31.280 --> 0:30:33.160
<v Speaker 2>a mistake, you know, it was an oversight. She didn't

0:30:33.160 --> 0:30:35.000
<v Speaker 2>know what was she talking about. This was the first

0:30:35.040 --> 0:30:37.160
<v Speaker 2>time she bought this house. So, in other words, we've

0:30:37.160 --> 0:30:40.560
<v Speaker 2>got somebody who's unqualified, somebody who doesn't know much about

0:30:40.600 --> 0:30:44.000
<v Speaker 2>economics on the Federal Reserve. We have the fact that

0:30:44.200 --> 0:30:46.520
<v Speaker 2>as I dug into and found out, the Federal Reserve

0:30:46.520 --> 0:30:51.320
<v Speaker 2>employees twenty three thousand people. Twenty three thousand people. Now

0:30:51.360 --> 0:30:54.600
<v Speaker 2>what do those people do? Are they doing economic work?

0:30:54.600 --> 0:30:57.000
<v Speaker 2>Are they doing these studies? And as we've seen as

0:30:57.000 --> 0:31:00.360
<v Speaker 2>a result of the shutdown, when they want unemployment numbers,

0:31:00.400 --> 0:31:05.080
<v Speaker 2>when they want sales numbers, these different organizations like Goldman

0:31:05.160 --> 0:31:10.719
<v Speaker 2>Sachs or JP Morgan, they take the data that's available

0:31:10.920 --> 0:31:15.120
<v Speaker 2>from these states and individual organizations and they have put

0:31:15.160 --> 0:31:18.120
<v Speaker 2>the numbers together and come up with these predictions. So

0:31:18.280 --> 0:31:21.400
<v Speaker 2>makes me question, well, why isn't the Federal Reserve, Why

0:31:21.480 --> 0:31:25.280
<v Speaker 2>is the Federal Reserve, who's supposed to be this independent organization.

0:31:25.720 --> 0:31:28.800
<v Speaker 2>Why are they relying on this data from other places?

0:31:28.840 --> 0:31:32.720
<v Speaker 2>Why aren't they producing this themselves? Because if they're independent,

0:31:32.920 --> 0:31:35.200
<v Speaker 2>there would be no bias and they would come up

0:31:35.240 --> 0:31:38.200
<v Speaker 2>with a clean decision. So this Austin Goldsby was on

0:31:38.240 --> 0:31:41.920
<v Speaker 2>this interview and it was just absolute amazing, talking about

0:31:42.120 --> 0:31:44.520
<v Speaker 2>all the stuff that he thought should be done and

0:31:44.560 --> 0:31:48.520
<v Speaker 2>some of the stuff that needed to be done, talking

0:31:48.520 --> 0:31:52.080
<v Speaker 2>about interest rate cuts and talking about the labor organs.

0:31:52.240 --> 0:31:55.040
<v Speaker 2>In fact, in there he said that he was not

0:31:55.120 --> 0:31:59.120
<v Speaker 2>sure why that interest rate cut was done back in

0:32:00.000 --> 0:32:03.040
<v Speaker 2>September of twenty twenty four. He was dodging around that

0:32:03.520 --> 0:32:05.880
<v Speaker 2>wasn't admitting the fact that it was political in nature.

0:32:05.960 --> 0:32:09.240
<v Speaker 2>So it was interesting to see that. But again, anytime

0:32:09.240 --> 0:32:12.200
<v Speaker 2>I see this guy on the news, I know that

0:32:12.240 --> 0:32:15.560
<v Speaker 2>we're going to get a bias reporting from him in

0:32:15.680 --> 0:32:18.120
<v Speaker 2>terms of what is going on, because he is a

0:32:18.200 --> 0:32:25.840
<v Speaker 2>diehard liberal. I'm Kevin Gordon, America's Trucking Network seven hundred WLW.

0:32:24.280 --> 0:32:27.840
<v Speaker 4>With Dve Lapham's enshrimement into the Bengals Ring of Honor,

0:32:28.160 --> 0:32:31.600
<v Speaker 4>we paid tribute to the Life of Lap presented by

0:32:31.720 --> 0:32:35.800
<v Speaker 4>Skyline Feeling Good against Skyline Time. Now Here's Dan and

0:32:35.920 --> 0:32:39.800
<v Speaker 4>d Lap You not only played all five offensive line

0:32:39.840 --> 0:32:43.000
<v Speaker 4>positions during your career, you did it in the same

0:32:43.120 --> 0:32:44.240
<v Speaker 4>game twice.

0:32:44.520 --> 0:32:48.640
<v Speaker 3>That's mind boggling to me. How did you know every assignment?

0:32:49.040 --> 0:32:52.280
<v Speaker 10>Yeah, it was interesting. I prided myself on, even in

0:32:52.360 --> 0:32:55.720
<v Speaker 10>high school and college, kind of understanding exactly what everybody

0:32:55.800 --> 0:32:58.320
<v Speaker 10>was doing on the field set of just tunnel vision

0:32:58.360 --> 0:33:02.200
<v Speaker 10>on my particular play, So knowing what's going on around you,

0:33:02.280 --> 0:33:05.640
<v Speaker 10>knowing what from an environmental standpoint, you know what is

0:33:05.680 --> 0:33:08.200
<v Speaker 10>happening around you, and not having that television like I

0:33:08.320 --> 0:33:12.080
<v Speaker 10>just spoke of, and understanding what all of your teammates

0:33:12.080 --> 0:33:14.240
<v Speaker 10>are doing and why they're doing and how they're doing it,

0:33:14.360 --> 0:33:16.520
<v Speaker 10>and that allowed me to play any place.

0:33:16.760 --> 0:33:19.200
<v Speaker 4>For more on the Life of Lap keep it here

0:33:19.560 --> 0:33:24.120
<v Speaker 4>on seven hundred WLW, the home of the best Beangals coverage.

0:33:24.520 --> 0:33:27.160
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0:34:26.680 --> 0:34:30.040
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<v Speaker 4>Live from the seven hundred.

0:34:48.680 --> 0:34:52.520
<v Speaker 2>This is America's struck a Network seven hundred wlw im

0:34:52.600 --> 0:34:55.720
<v Speaker 2>Kevin Wood finishing up with this interview that Austin Goldsby

0:34:55.840 --> 0:34:59.040
<v Speaker 2>gave on Fox Business News. It was interesting in there

0:34:59.200 --> 0:35:01.799
<v Speaker 2>that he was talking about all this stuff, about all

0:35:02.080 --> 0:35:04.880
<v Speaker 2>this hyperbole about well, we want to see interest, we

0:35:04.920 --> 0:35:07.320
<v Speaker 2>want to see the inflation rate getting back down to

0:35:08.200 --> 0:35:10.960
<v Speaker 2>a two percent range, we want to see this, we

0:35:11.000 --> 0:35:13.400
<v Speaker 2>want to see that, and then he starts talking about

0:35:13.400 --> 0:35:18.040
<v Speaker 2>how well you know, with the possibility of inflation coming

0:35:18.120 --> 0:35:22.480
<v Speaker 2>from tariffs, which we haven't seen up to this point,

0:35:22.960 --> 0:35:25.200
<v Speaker 2>but we don't want to get into a situation like

0:35:25.280 --> 0:35:27.760
<v Speaker 2>we did back in the early days of the Biden

0:35:27.760 --> 0:35:33.240
<v Speaker 2>administration where we were calling inflation transitory, when in fact

0:35:33.600 --> 0:35:36.120
<v Speaker 2>it was ongoing for a year year and a half

0:35:36.200 --> 0:35:39.120
<v Speaker 2>before they decided to do anything about it. And now

0:35:39.200 --> 0:35:42.640
<v Speaker 2>they're using that as an excuse in terms of why

0:35:42.680 --> 0:35:47.239
<v Speaker 2>they're not cutting interest rates because they're afraid of inflation

0:35:47.480 --> 0:35:50.719
<v Speaker 2>increasing as a result of something that's been going on

0:35:50.840 --> 0:35:54.680
<v Speaker 2>for nine months that hasn't caused inflation. It's just very

0:35:54.680 --> 0:35:58.560
<v Speaker 2>interesting to see just wants to see that. You know,

0:35:58.600 --> 0:36:02.120
<v Speaker 2>he keeps talking about that the tariffs have been in

0:36:02.160 --> 0:36:06.400
<v Speaker 2>the past eleven percent of the economy, eleven percent of

0:36:06.440 --> 0:36:09.080
<v Speaker 2>what we have taken in as far as revenue, as

0:36:09.120 --> 0:36:12.840
<v Speaker 2>far as the government, and he is insisting or he

0:36:12.960 --> 0:36:16.040
<v Speaker 2>was talking about he would like to see that be

0:36:16.560 --> 0:36:20.880
<v Speaker 2>still in that eleven percent range, where that can't be

0:36:21.120 --> 0:36:25.600
<v Speaker 2>if we're charging additional tariffs on other countries to balance

0:36:25.680 --> 0:36:28.320
<v Speaker 2>that fair trade, to get it to more fair trade

0:36:28.320 --> 0:36:32.200
<v Speaker 2>as opposed to free trade. So again, it was a

0:36:32.239 --> 0:36:35.879
<v Speaker 2>lot of a lot of excuses for why they are

0:36:35.920 --> 0:36:41.040
<v Speaker 2>not lowering interest rates, blaming this on past mistakes of

0:36:41.080 --> 0:36:45.400
<v Speaker 2>the Fed, which is now being done where they're making

0:36:45.440 --> 0:36:48.319
<v Speaker 2>mistakes now that they're going to be talking about a

0:36:48.400 --> 0:36:51.040
<v Speaker 2>year from now, the mistakes that they made now by

0:36:51.080 --> 0:36:52.320
<v Speaker 2>not lowering interest rates.

0:36:52.400 --> 0:36:53.680
<v Speaker 3>I'm just throwing that out there.

0:36:54.280 --> 0:36:57.720
<v Speaker 2>September Class eight truck sales fall for twenty five percent

0:36:57.800 --> 0:37:00.360
<v Speaker 2>from a year ago. Now that headline is kind of

0:37:00.400 --> 0:37:04.319
<v Speaker 2>shocking and kind of surprising. However, when you dig into it,

0:37:04.800 --> 0:37:08.120
<v Speaker 2>US Class eight truck sales fell below the prior year

0:37:08.120 --> 0:37:11.000
<v Speaker 2>for the third month in a row. In September, according

0:37:11.000 --> 0:37:15.800
<v Speaker 2>Towards Intelligence Data, sales decreased twenty five point six percent

0:37:16.120 --> 0:37:18.560
<v Speaker 2>from the number of units sold in the prior year.

0:37:18.840 --> 0:37:22.799
<v Speaker 2>They also declined nine point two percent from the units

0:37:22.840 --> 0:37:26.719
<v Speaker 2>reported in August. The only year over year increase in

0:37:26.760 --> 0:37:31.080
<v Speaker 2>twenty twenty five occurred in June, so that was just

0:37:31.120 --> 0:37:34.600
<v Speaker 2>a one month where the sales for that month was

0:37:34.680 --> 0:37:38.080
<v Speaker 2>higher than the previous month. But year to date, sales

0:37:38.080 --> 0:37:43.440
<v Speaker 2>are down nine point two percent overall. So you know,

0:37:43.880 --> 0:37:46.919
<v Speaker 2>you see a headline where you know, this particular month

0:37:47.360 --> 0:37:51.240
<v Speaker 2>sales are down twenty five percent. That means that sales

0:37:51.280 --> 0:37:55.000
<v Speaker 2>were up pretty close to those numbers from the prior year.

0:37:55.840 --> 0:37:58.440
<v Speaker 2>And so when you look at this on a yearly

0:37:58.520 --> 0:38:01.560
<v Speaker 2>basis stretched out over the entire well up to this

0:38:01.600 --> 0:38:04.840
<v Speaker 2>point nine months or the September report of nine months,

0:38:05.280 --> 0:38:10.240
<v Speaker 2>sales were only down nine percent. Now ten percent cut

0:38:10.360 --> 0:38:13.680
<v Speaker 2>or ten percent decrease is not the end of the world.

0:38:13.719 --> 0:38:17.040
<v Speaker 2>It's not an increase, but it's not you know, twenty

0:38:17.080 --> 0:38:20.000
<v Speaker 2>percent off for the entire year. It's it's still a

0:38:20.040 --> 0:38:23.480
<v Speaker 2>significant decrease, but not like the sky is falling or

0:38:23.480 --> 0:38:29.200
<v Speaker 2>anything along those lines. ACT Research Vice president Steve Tam said,

0:38:29.440 --> 0:38:32.160
<v Speaker 2>this was a bigger drop than we expected. I think

0:38:32.200 --> 0:38:35.719
<v Speaker 2>it's an ongoing reflection of just the angst in the industry.

0:38:36.160 --> 0:38:38.480
<v Speaker 2>People are concerned that they don't know what to do,

0:38:38.800 --> 0:38:41.600
<v Speaker 2>so they're not doing anything, and of course, in that

0:38:41.719 --> 0:38:45.600
<v Speaker 2>vein falls the sales. The other interesting piece I think

0:38:45.760 --> 0:38:50.879
<v Speaker 2>is the certainly not coincidence, but an impact on mentality.

0:38:51.160 --> 0:38:54.520
<v Speaker 2>It's the twenty five percent tariff. Well, right after this

0:38:54.640 --> 0:39:00.200
<v Speaker 2>story was written, it indicated that the tariffs on truck

0:39:00.280 --> 0:39:03.520
<v Speaker 2>are going to be pushed back to November the first,

0:39:03.800 --> 0:39:07.200
<v Speaker 2>in order to get more clarification or a better deal.

0:39:07.640 --> 0:39:10.200
<v Speaker 2>So how this is going to stack up, how this

0:39:10.280 --> 0:39:14.680
<v Speaker 2>is going to affect things is a little premature. It's

0:39:14.680 --> 0:39:17.920
<v Speaker 2>got folks nervous just like everyone else, Tam said, And

0:39:18.000 --> 0:39:22.360
<v Speaker 2>so the manufacturers in anticipation. I think that, but that

0:39:22.520 --> 0:39:25.719
<v Speaker 2>also even ahead of that, and of course he's kind

0:39:25.760 --> 0:39:29.759
<v Speaker 2>of stuttering there. We're already starting to cut production. And

0:39:29.800 --> 0:39:31.920
<v Speaker 2>as you and I have talked about in the past,

0:39:32.160 --> 0:39:34.560
<v Speaker 2>if you don't build it, you can't sell it. So

0:39:34.680 --> 0:39:37.200
<v Speaker 2>I think they got something going on where they need

0:39:37.200 --> 0:39:39.040
<v Speaker 2>to ramp up, They're just not going to have the

0:39:39.120 --> 0:39:43.120
<v Speaker 2>units available they talked about. In terms of freightliner brand

0:39:43.160 --> 0:39:47.320
<v Speaker 2>of Diamoner Truck, North America claimed the largest market share

0:39:47.480 --> 0:39:49.759
<v Speaker 2>they sold thirty three percent of the trucks that were

0:39:49.760 --> 0:39:54.360
<v Speaker 2>sold that month, represented a thirty three percent decrease from

0:39:54.760 --> 0:39:59.600
<v Speaker 2>what we're sold the prior year. Western Stars saw sales

0:39:59.640 --> 0:40:03.560
<v Speaker 2>declined five percent five point eight percent. Mac Trucks North

0:40:03.600 --> 0:40:07.520
<v Speaker 2>America September retail sales continue to decline both month over

0:40:07.600 --> 0:40:11.440
<v Speaker 2>month and year over year, consistent with our market expectation

0:40:11.920 --> 0:40:16.680
<v Speaker 2>as in fleets navigate. As fleets navigate ongoing economic headwinds.

0:40:17.160 --> 0:40:22.160
<v Speaker 2>The combination of persistent freight market weakness, declining construction spending,

0:40:22.400 --> 0:40:26.320
<v Speaker 2>and uncertainly around tariff policy continue to drive fleet caution

0:40:26.760 --> 0:40:30.279
<v Speaker 2>in what remains a softer economic move. MAC Trucks, the

0:40:30.360 --> 0:40:34.480
<v Speaker 2>loan manufacturer to see a sales rise, reported sales increase

0:40:34.520 --> 0:40:38.040
<v Speaker 2>of thirty two point nine percent from the prior year,

0:40:38.440 --> 0:40:42.320
<v Speaker 2>So again, talking about the headwinds as they're seeing didn't

0:40:42.360 --> 0:40:46.160
<v Speaker 2>affect them in that particular month. Volvo Trucks North America

0:40:46.239 --> 0:40:51.040
<v Speaker 2>sales drop forty point five percent. MAC and VTNA are

0:40:51.120 --> 0:40:57.360
<v Speaker 2>both groups of the Volvo Group. International sales drop thirty

0:40:57.360 --> 0:41:01.759
<v Speaker 2>three point eight, Peterbilt Motor Company sales decrease nineteen point

0:41:01.880 --> 0:41:06.400
<v Speaker 2>nine and Kenworth Truck Companies sales slid nineteen percent as well.

0:41:07.160 --> 0:41:11.400
<v Speaker 2>Both Kenworth and Peterbilt are members of the pack are

0:41:11.600 --> 0:41:15.320
<v Speaker 2>in brands, so again it's on a wait and see.

0:41:15.640 --> 0:41:18.360
<v Speaker 2>But one of the things they're not talking about enough,

0:41:18.600 --> 0:41:21.440
<v Speaker 2>in my opinion, is the fact that interest rates are

0:41:21.480 --> 0:41:24.680
<v Speaker 2>too high. If you're talking about having to go out

0:41:24.680 --> 0:41:28.760
<v Speaker 2>and spend seven percent eight percent on a truck loan

0:41:29.080 --> 0:41:31.480
<v Speaker 2>as opposed to three percent what it was a few

0:41:31.560 --> 0:41:34.640
<v Speaker 2>years ago, that's going to be a problem. When you

0:41:34.680 --> 0:41:38.520
<v Speaker 2>look at some of the possible emissions, and we're still

0:41:38.560 --> 0:41:41.280
<v Speaker 2>talking about whether these emissions are going to be pulled

0:41:41.320 --> 0:41:43.880
<v Speaker 2>back and whether or not they're going to go forward

0:41:44.239 --> 0:41:47.000
<v Speaker 2>as far as the EPA is concerned, which are adding

0:41:47.239 --> 0:41:50.520
<v Speaker 2>thousands of dollars to the cost of these trucks, and

0:41:50.640 --> 0:41:53.399
<v Speaker 2>when you look at how these trucks are done as

0:41:53.400 --> 0:41:56.600
<v Speaker 2>far as the amount of pollution that they do compared

0:41:56.640 --> 0:42:00.120
<v Speaker 2>to other means and other you know, when you got

0:42:00.200 --> 0:42:04.120
<v Speaker 2>wildfire out in California that wipes out everything that they

0:42:04.160 --> 0:42:06.600
<v Speaker 2>had done to clean up the air over the last

0:42:06.640 --> 0:42:11.520
<v Speaker 2>twenty years. When one fire in twenty twenty eliminates every

0:42:11.640 --> 0:42:14.759
<v Speaker 2>effort that they did in twenty years to clean up

0:42:14.800 --> 0:42:17.880
<v Speaker 2>the air out there. Then four years later you follow

0:42:17.920 --> 0:42:23.320
<v Speaker 2>that up with a wildfire there in January, and everything

0:42:23.360 --> 0:42:25.799
<v Speaker 2>that they've done out there, everything that they've done in

0:42:25.880 --> 0:42:29.000
<v Speaker 2>terms of the higher gas prices almost five four dollars

0:42:29.080 --> 0:42:31.480
<v Speaker 2>and fifty cents a gallon out there, because of all

0:42:31.480 --> 0:42:34.600
<v Speaker 2>the pollution controls, all the emissions controls that they have,

0:42:35.160 --> 0:42:37.960
<v Speaker 2>all the businesses that they're trying to get their carbon

0:42:38.000 --> 0:42:41.680
<v Speaker 2>emissions down to zero, all this push, as far as

0:42:41.960 --> 0:42:45.440
<v Speaker 2>everything as far as the houses are concerned to be

0:42:45.520 --> 0:42:48.160
<v Speaker 2>more energy efficient and all that, all that has been

0:42:48.200 --> 0:42:54.280
<v Speaker 2>totally wasteful and done nothing to impact the climate because

0:42:54.360 --> 0:42:58.360
<v Speaker 2>of they're ignoring the wildfires and keeping those from getting

0:42:58.360 --> 0:43:01.279
<v Speaker 2>out of control, and everything that they've done over the

0:43:01.320 --> 0:43:05.600
<v Speaker 2>last twenty years thirty years now has been completely wiped

0:43:05.640 --> 0:43:08.880
<v Speaker 2>out by not controlling the fires out there. So if

0:43:08.920 --> 0:43:13.080
<v Speaker 2>you're concerned about pollution, if you're concerned about polluting the air,

0:43:13.560 --> 0:43:16.879
<v Speaker 2>do the things that are easy. Control fires. Don't let

0:43:16.880 --> 0:43:20.040
<v Speaker 2>fires get out of control. And I keep making the

0:43:20.080 --> 0:43:22.959
<v Speaker 2>point that if you look at a tractor trailer today,

0:43:23.000 --> 0:43:25.319
<v Speaker 2>when you see those trucks going down the road, it

0:43:25.440 --> 0:43:30.200
<v Speaker 2>takes sixty trucks today to equal the pollution from one

0:43:30.239 --> 0:43:33.120
<v Speaker 2>truck back in nineteen eighty eight. That's how far these

0:43:33.120 --> 0:43:36.040
<v Speaker 2>emissions have come. And to say that, oh, they're a

0:43:36.040 --> 0:43:38.680
<v Speaker 2>big pollutant at this point compared to where they were

0:43:38.719 --> 0:43:43.560
<v Speaker 2>back then, I think it's ridiculous. And these cars and

0:43:43.600 --> 0:43:46.120
<v Speaker 2>these trucks are a lot more efficient than they were,

0:43:46.400 --> 0:43:49.840
<v Speaker 2>and to add thousands and thousands of dollars onto something

0:43:50.040 --> 0:43:52.880
<v Speaker 2>that is only going to have a minimal effect. And

0:43:53.000 --> 0:43:55.960
<v Speaker 2>especially when you consider the fact that all of the

0:43:55.960 --> 0:43:58.759
<v Speaker 2>carbon pollution and all the pollution in the world that's

0:43:58.800 --> 0:44:02.920
<v Speaker 2>coming from Asia, Russia, China and their factories over there.

0:44:03.360 --> 0:44:04.080
<v Speaker 3>I mean, when you.

0:44:04.120 --> 0:44:05.920
<v Speaker 2>Got one side of the economy, when you got to

0:44:05.960 --> 0:44:08.719
<v Speaker 2>one side of the world doing everything they can to

0:44:10.560 --> 0:44:12.719
<v Speaker 2>clean up the air, and you got other people on

0:44:12.760 --> 0:44:15.839
<v Speaker 2>the other side of the world doubling, tripling and quadrupling

0:44:16.080 --> 0:44:19.799
<v Speaker 2>their pollution, what are you gaining. So anyway, this is

0:44:20.040 --> 0:44:23.440
<v Speaker 2>where we are. Class eight truck sales are down. But again,

0:44:23.719 --> 0:44:27.800
<v Speaker 2>when you talk to the individual companies. When they interview

0:44:27.800 --> 0:44:31.239
<v Speaker 2>the individual companies, they are all saying that they can

0:44:31.280 --> 0:44:33.280
<v Speaker 2>see the light at the end of the tunnel. They're

0:44:33.320 --> 0:44:36.080
<v Speaker 2>optimistic at what is going to happen in the future.

0:44:36.360 --> 0:44:38.200
<v Speaker 2>And so these are the things that a lot of

0:44:38.239 --> 0:44:41.120
<v Speaker 2>people aren't talking about and the fact of stuff that

0:44:41.320 --> 0:44:44.200
<v Speaker 2>we need to talk about here because when you keep

0:44:44.239 --> 0:44:50.319
<v Speaker 2>hearing this drumbeat of bad estimates or bad predictions, when

0:44:50.360 --> 0:44:53.279
<v Speaker 2>those predictions don't come true, and we talk about that

0:44:53.320 --> 0:44:55.480
<v Speaker 2>they aren't going to come true, at least you know

0:44:55.520 --> 0:44:56.520
<v Speaker 2>you'll be ahead of the curve.

0:44:56.680 --> 0:44:58.320
<v Speaker 3>Well, folks, that does it for us. Stay tuned for

0:44:58.400 --> 0:44:59.640
<v Speaker 3>ATI Radio Top of the Hour.

0:45:00.080 --> 0:45:08.399
<v Speaker 2>I'm Kevin Gordon, America's Trucking Network seven hundred WLW.

0:45:06.120 --> 0:45:13.080
<v Speaker 4>News, Traffic and Weather. News Radio seven hundred WLW Cincinnati.

0:45:14.160 --> 0:45:15.480
<v Speaker 3>It's the twenty second day.