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Speaker 1: In AMers County.

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Speaker 2: It's phony here on seven hundred WLW ready to rock

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Speaker 2: and roll this morning. I'm not quite sure what's going

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Speaker 2: on with her behind the scenes stuff. Hold on just

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Speaker 2: a second, I have a guest on the show here. Momentarily,

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Speaker 2: I'm just gonna do this. Oh wow, all right, So

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Speaker 2: trying to get hold of Alisha reached she was going

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Speaker 2: to jump in this morning and talk about the fifty

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Speaker 2: million dollar property tax relief incentive. Number one issue for

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Speaker 2: every man and woman, I would save to say in

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Speaker 2: Hamlin County, Butler County, Warren County, pretty much in the

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Speaker 2: state is the issue of property taxes. I had yesterday

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Speaker 2: on the show, Bill Sites, who was a co chair

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Speaker 2: of the working group the governor put together. They came

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Speaker 2: up with like a twenty point plan, and a lot

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Speaker 2: of it makes you kind of your eyes glaze over.

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Speaker 2: It's just numbers and terms that we don't easily understand.

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Speaker 2: You know, we start talking about. Bottom line is if

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Speaker 2: you're lucky, maybe you saw a twenty percent increase, but

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Speaker 2: some people have seen two hundred, three hundred percent increases.

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Speaker 2: Now for the average person, it's an extra I don't

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Speaker 2: like eleven bucks, twelve bucks a month. In some cases

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Speaker 2: you're like, Okay, no big deal. If you're a senior

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Speaker 2: and you're pinching pennies, a little more difficult there. But

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Speaker 2: the big problem, of course, is when you start to

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Speaker 2: see some folks who are getting hit literally with hundreds

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Speaker 2: and hundreds of dollars more, that's a different story entirely.

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Speaker 2: Alicia Reese, Hamlin County Commissioner, on the show on seven

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Speaker 2: hundred WLW welcome back.

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Speaker 1: How you been, Hey, great? How are you love?

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Speaker 3: I'm doing what?

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Speaker 2: Oh, it's good to be back. It's good to be here.

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Speaker 2: Limping along. I saw the Butler County. A bunch of

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Speaker 2: counties are doing stuff right. Butler County is doing a

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Speaker 2: fifty million dollar property tax relief initiative. As I said,

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Speaker 2: number one issue for voters right now is that. A

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Speaker 2: bunch of other counties too, I know that like Franklin

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Speaker 2: County and others are doing things to try and relieve

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Speaker 2: some of the burden. You saw this and it was

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Speaker 2: almost what a year ago, I think a year ago,

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Speaker 2: next month, this coming month, when you guys said, you

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Speaker 2: know what, you're finally going to get that property tax rollback.

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Speaker 2: We've guaranteed when we built an new stadiums a couple

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Speaker 2: of several decades ago. Now, so the end result is

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Speaker 2: you look at Butler County said, well, why aren't we

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Speaker 2: doing that?

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Speaker 1: Well, absolutely, thron you know, I've been on this issue.

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Speaker 1: You've been on this issue. I've been on this show.

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Speaker 1: We've been dealing with this when I first got elected

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Speaker 1: almost five years ago, and we kept saying, probably taxes,

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Speaker 1: it's the number one issue. That's what we said. And

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Speaker 1: so one of the things that we've tried to do,

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Speaker 1: of course short term things. One was I said, hey,

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Speaker 1: we're talked about affordable housing. That's great, but we've got

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Speaker 1: to also make sure that the people can afford to

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Speaker 1: keep the house they already have. And so I said,

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Speaker 1: we're going to take some of this money to help

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Speaker 1: stop gap that because we've got these new appraisals coming through.

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Speaker 1: So we put six million dollars to try to help

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Speaker 1: people get through and hoping that the state legislature would

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Speaker 1: get this solved. Then the next thing I did, I said, well,

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Speaker 1: wait a minute, I gave my state of the county

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Speaker 1: and I said, hey, governor, let's free the taxes on

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Speaker 1: senior citizens, particularly until the legislature gets this done. It's

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Speaker 1: good to put a committee together, but I've been at

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Speaker 1: the state House and I know what happens with those committees.

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Speaker 1: They go back and forth, back and forth. In the meantime,

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Speaker 1: your property tax is going up and you're trying to

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Speaker 1: hang on to your house. And we had almost one

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Speaker 1: hundred homeowners come down to the county one of the

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Speaker 1: county meetings regarding this issue. I said, they need help

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Speaker 1: right now, so I have them and freeze of property

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Speaker 1: taxes on that. The other thing that we did was,

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Speaker 1: you know, the thirty percent that was promised to voters

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Speaker 1: so many years ago with the stadium deals. That was

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Speaker 1: never kept. And in the four years I had been there,

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Speaker 1: I was able to get it passed two of those years.

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Speaker 1: And I've been on your show and certainly some of

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Speaker 1: your listeners helped us to achieve that as well. But

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Speaker 1: in the new Bengal deal lease, which is what I

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Speaker 1: had the big problem with, we wouldn't be were we

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Speaker 1: got rid of the thirty percent. You can't do thirty percent.

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Speaker 1: I even asked the administrator and he said, no, there'll

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Speaker 1: be no money in here for the taxpayers to get

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Speaker 1: a thirty percent break. Even though that's what was promised,

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Speaker 1: and that's why I didn't go with the deal. I said,

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Speaker 1: the taxpayers are written out of the deal. I can't

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Speaker 1: go with it. But now we're seeing a law was

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Speaker 1: passed where it allows us at the local level to

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Speaker 1: double the homestead. Now we would have to pay for it,

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Speaker 1: you know, every county would have to pay for it.

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Speaker 1: So Butler County stepped up and I talked to one

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Speaker 1: of the commissioners there because I had some interest in it.

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Speaker 1: They stepped up and said, Hey, we're gonna do fifty

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Speaker 1: million dollars. We're going to double this homestead and we're

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Speaker 1: going to do it with our own money until the

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Speaker 1: state gets it together. I then introduced the motion just

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Speaker 1: last week when I saw that, and I said, mister

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Speaker 1: Administrator Jeffaluto, who we're putting our budget together for you know,

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Speaker 1: we do one year budget, so we're putting the budget

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Speaker 1: together now. He had never mentioned it at first, and

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Speaker 1: so I introduced the motion in the meeting saying, I

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Speaker 1: want this looked into immediately. And I can't even because

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Speaker 1: each of us turn in our budgets. I can't turn

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Speaker 1: in a budget. If I didn't know that we could

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Speaker 1: do this because I now want to look at this right.

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Speaker 1: So we would have turned in our budgets and had

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Speaker 1: no idea we could do this. I said, hold on,

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Speaker 1: I need to know about this and come. And then

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Speaker 1: I asked him, I said, well, why did Butler County

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Speaker 1: move so quick? He said, oh, yeah, by the way,

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Speaker 1: you have in October. We have a deadline this month

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Speaker 1: to make a decision. And so again when we looked

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Speaker 1: at the budgets, we always find money for, you know,

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Speaker 1: the big projects, you know, whether it's a Bengal leave

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Speaker 1: or a big project. But when it comes to the people,

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Speaker 1: they say, oh, we're broke. We're not able to help

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Speaker 1: the homeowner. And I told him, I said, my number

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Speaker 1: one thing, we can't price the people out of Hamilton

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Speaker 1: County where they can't afford to live here and can't

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Speaker 1: afford to hold on to their home. I had gotten

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Speaker 1: a letter one time from a senior citizen. You could

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Speaker 1: tell she could barely write. And she hands me shaking

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Speaker 1: based on the letter, and she said she had never

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Speaker 1: in her life she missed her property tax. She always

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Speaker 1: pays her taxes, but she just can't do it, and

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Speaker 1: she deserves to hold onto her home and that really

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Speaker 1: touched me. And after that I just have been, you know,

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Speaker 1: relentless on trying to get this done. Now they've issued

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Speaker 1: a report from the state. You know, some of this

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Speaker 1: stuff got to go to the legislature. They got to

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Speaker 1: take it to the House, and they got to take

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Speaker 1: to the Senate, and they got to go back and forth.

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Speaker 1: But people need help immediately, and so I have put

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Speaker 1: a motion forward to see if we can at least

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Speaker 1: start with this budget doubling the homestead to help our seniors. Again,

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Speaker 1: I would I would encourage the governor to freeze these

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Speaker 1: property taxes until they can get it done, so that

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Speaker 1: can put some sense of urgency on it. But if

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Speaker 1: Butler County is doing it, Warren County's looking into it,

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Speaker 1: I think we've got to look into it.

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Speaker 2: So it's just you know, the rich suburban communities like

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Speaker 2: Butler and Warcott. Green County's doing something. They said that

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Speaker 2: they're going to temporar roll back a half middle of

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Speaker 2: the inside millage. Montgomery County, which is Dayton, of course,

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Speaker 2: said they're working on promoting property tax relief and expanding

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Speaker 2: homestead which you did here in Hamlin County. Owner occupancy

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Speaker 2: credit stuff like that as well. And so it's not

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Speaker 2: just the wealthy quote unquote wealth of your suburbs are

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Speaker 2: doing this. It's happening all of the states simply because

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Speaker 2: it is so broken. Yesterday in the show, I had

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Speaker 2: the code chair and former Ohio House Minority Speaker from

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Speaker 2: Green Township, Bill Sites on the show. He was the

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Speaker 2: co chair of the working group the governor put together

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Speaker 2: to try and come up with a plan. They issued

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Speaker 2: a twenty point plan to try and fix the property

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Speaker 2: tax issue. One of the things came up and see

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Speaker 2: if you agree with this or not, and that is

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Speaker 2: the control through the county Budget Commission, which would be

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Speaker 2: the Hamlet County Budget Commissioner, or your concern would be

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Speaker 2: the reduction of unnecessary excessive levees basically meaning instad saying

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Speaker 2: that you know, you can't if a levee fails, you

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Speaker 2: can't come back right away put the levee back on

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Speaker 2: the ballot. From someone who is very pro local control,

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Speaker 2: county control, how does that sit with you?

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Speaker 1: Well, you know, the state always what I call it

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Speaker 1: trickle down taxation. They cut things at the state level

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Speaker 1: and they pass it on to the local level and

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Speaker 1: really don't give us the power. I'll give you an

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Speaker 1: example of people dealing with their sewer bills and I

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Speaker 1: wanted when I first got there, I said, well, wait

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Speaker 1: a minute, let's try to put a freeze on it

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Speaker 1: for senior citizens, etc. They said, no, you can't do

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Speaker 1: that because the state. You got to get approval from

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Speaker 1: a state, and then the state never did give us approval.

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Speaker 1: They're still running around talking about they got a build,

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Speaker 1: but they never put it in the budget. You know,

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Speaker 1: some of this control they're talking about, it was never

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Speaker 1: put in the state budget. And being at the state,

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Speaker 1: if it's not at the state budget, it doesn't have

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Speaker 1: a deadline. And if it doesn't have a deadline at

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Speaker 1: the state, you know how they do, They study, study, study,

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Speaker 1: at what they do is say go back home, and

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Speaker 1: then when you go home, they you know, they cut

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Speaker 1: the local government fund. I don't, we don't have money

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Speaker 1: to do anything. Uh. You know, I was up in

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Speaker 1: the state. I remember they kept saying, well, raise the

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Speaker 1: taxes at the local level, and we're gonna cut it

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Speaker 1: up at this level. And I jumped them and said,

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Speaker 1: this is trickle down taxation. So again it's almost a

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Speaker 1: passing of the buck. Uh. You know, because what I've

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Speaker 1: seen is that the state could fix this problem immediately.

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Speaker 1: And what we have right now is we have a

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Speaker 1: we have you know, property tax are do and bills

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Speaker 1: are due right now, and we're talking about studying and

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Speaker 1: a long term approach. I think we need a long

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Speaker 1: term plan, but you know, the lady that wrote me

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Speaker 1: and the other people that I've interacted with, they need

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Speaker 1: a right now plan. And I'm hoping that there are

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Speaker 1: some things that we can do. Hopefully doubling this homestead

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Speaker 1: will be Hopefully we can move forward with it. The debate, though,

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Speaker 1: is does the local people pay or does the state

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Speaker 1: give us the money to pay the doll.

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Speaker 2: That's the problem, right this goes well, the problem is,

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Speaker 2: of course, it goes back to what's Strickland. And the

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Speaker 2: idea was, hey, you know what, we've got to right

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Speaker 2: size the state budget. And so what we're gonna do

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Speaker 2: is we're gonna cut off all the local money because

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Speaker 2: we'd send our money to Columbus kind of like we

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Speaker 2: do Washington and it trickles back to us. And that

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Speaker 2: was the plan, all right, so we send our money, well,

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Speaker 2: you know what, we're gonna do stuff at the state

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Speaker 2: level we're going to cut off the local supply to

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Speaker 2: counties and municipalities and alike. And that, of course, over

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Speaker 2: the years, has put a lot of areas in a crunch.

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Speaker 2: Property tax has a hand in that to some degree.

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Speaker 2: But the thing is, okay, Well, the state is flushed

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Speaker 2: with cash. Look at our well balanced budget. We've got

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Speaker 2: a surplus at the state. The problem is that the

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Speaker 2: money's not flo flowing back to the local communities and

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Speaker 2: hasn't for some time. So in order to raise capital,

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Speaker 2: you guys have to, Well, we got to raise taxes,

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Speaker 2: We've got to put levies out there, and now we're

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Speaker 2: going to put a cap on the lobbies. I'm not

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Speaker 2: saying it's right or wrong, but it's it's the state

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Speaker 2: of politics because the entities at the time, to put

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Speaker 2: it together, we're trying to run for higher office. That

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Speaker 2: makes you look good when you're flushed with cash at

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Speaker 2: the state level, doesn't it.

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Speaker 1: Well, yeah, at the state level they always say we

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Speaker 1: got this rainy day. Fun I said, well, it's storming

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Speaker 1: down here where I'm at at Hamilton County. Give it

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Speaker 1: to us. And like you said, once you send it,

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Speaker 1: it's like Washington. Once you send it to Washington. Don't.

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Speaker 1: It never comes back. You know, we only get a

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Speaker 1: small percentage once you send it to the state. It

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Speaker 1: doesn't come back, just like a unclaimed funds, which I'm

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Speaker 1: I'm pushing Sloan right now with my five one three

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Speaker 1: relief bus. We're trying to help people get their money back.

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Speaker 1: They want to give our money to Cleveland. We're not

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Speaker 1: getting it back here. They gave six hundred million in

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Speaker 1: the budget for Cleveland Browns out of our unclaim money.

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Speaker 1: Focus on everybody claim our money.

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Speaker 4: You know.

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Speaker 2: I pushed back a little on that. Well, that's money

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Speaker 2: that's been sitting around for ten years. And I would

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Speaker 2: say this, like, if you're not plugged in enough to

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Speaker 2: hear all the people talking about unclaimed monds funds, you

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Speaker 2: go check the website. I went and checked, and I

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Speaker 2: got like a check of a It took like thirty years,

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Speaker 2: but I got to check for four hundred dollars. They're

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Speaker 2: pretty happy and unplaying money that was owed to me.

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Speaker 2: But you know, you got to get off your ass

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Speaker 2: if it's your money and get it after ten years.

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Speaker 2: It's public money.

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Speaker 1: But let me say this though, for years people because

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Speaker 1: of the scams, people were thinking Is this real? Is

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Speaker 1: this a scam? Is this one of those fraud things?

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Speaker 1: So you had to get over that, and then they

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Speaker 1: made it kind of difficult. You know those who were

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Speaker 1: in the know, who you know, were able to do it.

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Speaker 1: So now we're gonna make it simple. We've got the laptops,

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Speaker 1: we got the five one three relief bus. They can

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Speaker 1: go to five one three relief out or find the bus.

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Speaker 1: And they ain't go. I saw a lady, a senior citizen.

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Speaker 1: She jumped up and said, what they had two hundred

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Speaker 1: of my money?

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Speaker 5: You know, where the hell are you being?

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Speaker 1: She thought it was a fraud.

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Speaker 4: A lot of people, you know, because you know all

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Speaker 4: these things, you know, you gotta do a look now

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Speaker 4: you got to be good for people like you were

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Speaker 4: out there doing the business, representing people and you're telling

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Speaker 4: them it's like, oh, look, well I didn't believe it's Aleisha.

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Speaker 2: That's a good thing.

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Speaker 1: We were.

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Speaker 2: We had enough people like yours talking about getting your

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Speaker 2: money back. And if you don't want it to go

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Speaker 2: to Cleveland, uh, then you know, and I didn't. I

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Speaker 2: didn't want my four hundred dollars going to Cleveland.

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Speaker 1: Well, I'll be honest with you, I didn't know we

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Speaker 1: had four billion dollars sitting up there. That a lot

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Speaker 1: of money. A lot of people could be helped with it.

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Speaker 1: If they were saying, we're gonna put that money toward

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Speaker 1: the homestead, wouldn't it. Yeah?

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Speaker 2: Yeah, Now Brown's are getting the news.

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Speaker 4: Hi.

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Speaker 2: And by the way, you got that deal done. You

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Speaker 2: finally we got the stadium deal done and all that stuff.

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Speaker 2: Stadium deal. Okay, we got the stadium deal done, and

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Speaker 2: then we turn around and the Bengals are terrible? Can

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Speaker 2: we get our money back?

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Speaker 1: Well, I'm and I tried to tell you that you

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Speaker 1: got to read the sign print of these deals and

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Speaker 1: the taxpayers was written. Now now now I'm on your

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Speaker 1: show and you're hollering we won our money back? Get

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Speaker 1: we not winning? And at the same time, Brandma's house,

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Speaker 1: she can't hold onto her house. What did we get

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Speaker 1: out of the deal. We needed one of those Denver

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Speaker 1: Broncos deals where they said they're putting up all private

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Speaker 1: money and we could have saved at Grandma's house. And

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Speaker 1: so now we're fighting again to hold the property taxes.

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Speaker 1: We took out the thirty percent, so now you can't

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Speaker 1: get the thirty percent rebate that you and I have

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Speaker 1: been fighting for every single year at least you can

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Speaker 1: get something back, and that's not happening. And now we're

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Speaker 1: not winning. And now we've got a deal, and we

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Speaker 1: got a lease that will end at the same time

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Speaker 1: as the Reds lease. Oh my god, we got problem.

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Speaker 1: Maybe I said, have come on here you and gave

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Speaker 1: me a headache.

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Speaker 2: Yeah, no, I got your workdof You're the one who

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Speaker 2: wanted the damn job, and now you don't want the

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Speaker 2: damn job.

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Speaker 5: I want the dog.

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Speaker 1: But I'm trying to tell the people. I'm only one vote.

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Speaker 1: And even with the property taxes, last time we had

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Speaker 1: to fight, it was a two to one vote. I

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Speaker 1: mean we didn't we didn't get a unanimous So again, uh,

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Speaker 1: we're gonna keep fighting for this. I got a motion out.

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Speaker 1: I want you. We're doing that. We're getting ready to

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Speaker 1: the budget. And I told the vister Ludo, Now we

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Speaker 1: can't say we're broke today and then tomorrow you got

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Speaker 1: an eight hundred and fifty million dollar post almost a

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Speaker 1: billion dollar Bengal lease and the taxpayers are left out.

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Speaker 1: So that's what we're doing. But throw on Wednesday, next Wednesday,

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Speaker 1: put on your pink. Put on your pink is Breast

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Speaker 1: Cancer Awareness Day. My mother passed from it. A lot

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Speaker 1: of other people had cancer. I've got a cancer Caucus

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Speaker 1: state of cancer. It's hitting everybody. He doesn't care about

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Speaker 1: your age, your race, your social status. The rates have

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Speaker 1: gone up in Hamilton County. So we've got doctors in

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Speaker 1: a call to action so that we get more screenings

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Speaker 1: that no co pay and all that. And we're doing

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Speaker 1: it next Wednesday. I want all celebrities, all the people

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Speaker 1: in Hamilton County. We're wearing pink. But it's not just

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Speaker 1: breast cancer. We're gonna take on all of the cancer

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Speaker 1: and look at how we could get more money, more

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Speaker 1: clinical trials, and more cures.

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Speaker 2: But we got to do it through early detection from

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Speaker 2: non Hodgkins lymfalma and breast cancers hit friends and family members.

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Speaker 2: I know it all too well. And uh, I'm glad

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Speaker 2: you're raising awareness for it. And I'm gonna I'll be

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Speaker 2: glad to wear pink next Wednesday. The Cancer Caucus. She

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Speaker 2: is a Hamlin County commissioner, Alicia Reese, trying her best

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Speaker 2: to try and get some of that money back. All right, Alicia,

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Speaker 2: I gotta get going. I always love having me on.

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Speaker 2: You're a spark of light in another wase dismal Hamlin County.

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Speaker 2: Let me put it that way.

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Speaker 1: Well, thank you. Let's keep the fight norse all right.

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Speaker 2: Appreciate you, appreciate you. Have a great day. We'll chat

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Speaker 2: again next time. I got to get to a news update.

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Speaker 2: I always love having Lisa bring noise. I have a

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Speaker 2: little buyer's remorse at that state. I've got the stadium,

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Speaker 2: they'll done. Can we get some of the unclaimed fun money?

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Speaker 2: Maybe buy an offensive linement or two?

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Speaker 5: Huh?

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Speaker 2: Can we can we?

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Speaker 3: Maybe?

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Speaker 2: All right now, Mike Brown's like, wait, what can we do?

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Speaker 2: Can we do that? We can get players and we

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Speaker 2: don't have to pay for I don't have to cut

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Speaker 2: a chick. Hey wait a minutelet's fuck into that. Hey hey,

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Speaker 2: he's on the side. Hey hey, oh frugalism. It's five

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Speaker 2: minutes away from a news update. We'll do that and

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Speaker 2: more to follow. Sloane here on this rainy and we

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Speaker 2: welcome the rain on this Tuesday morning, by the way,

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Speaker 2: because it's been bone dry for two damn long rain

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Speaker 2: for a good solid day, good hard rain we needed here.

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Speaker 2: Seven hundred w Wellwike sharing thumbs up here and Zach

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Speaker 2: Tanner worried about his job. It's kind of half joking

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Speaker 2: with Alicia rees On a few minutes ago talking property

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Speaker 2: to actually if but say, yeah, you get the stadium deal,

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Speaker 2: all done to pay car all said, and then the

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Speaker 2: team just completely completely tanks because QB one goes down. Well,

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Speaker 2: you know, if Joe Burrow hadn't gone to that's just cover, man.

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Speaker 2: It's the fact that's structural that they're just not sound.

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Speaker 2: The offensive line is terrible. They've got defense looked a

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Speaker 2: lot better this week. I'll give him credit there, but

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Speaker 2: I mean, let's just face it, that's not it's built

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Speaker 2: around just Joe Burrow. Once that goes away, I don't

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Speaker 2: know how much is that on Zach Taylor. And of

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Speaker 2: course his play calling has been terrible too, so I

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Speaker 2: don't know. You know, when we when Marvin Lewis got

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Speaker 2: fires because people stop showing up the games, the stands

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Speaker 2: looked completely full, and I would I don't know how packed.

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Speaker 2: It's hard to say because a lot of was Detroit

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Speaker 2: Lions fans. So if you have a good team coming

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Speaker 2: in from out of market, they're gonna buy. They're gonna

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Speaker 2: buy the tickets. They'll make money. So at the end

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Speaker 2: of the day, that's that's what got Marvin out. I

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Speaker 2: think Zach Taylor, I'd be surprised if anything happened anytime soon,

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Speaker 2: because you know, he went to the super Bowl that

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Speaker 2: they just going to the super Bowl. Hell, at this point,

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Speaker 2: making the playoffs, we're going to the super Bowl, the playoffs.

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Speaker 2: That buys you ten years for the brown for the Bengals,

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Speaker 2: that buys you ten years. You're good, You've got some

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Speaker 2: he's got some time. I'm not quite sure. We haven't

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Speaker 2: named a quarterback yet. Oh, we got problems. We got problems.

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Speaker 2: We'll see what happens. There's still be able convinced that

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Speaker 2: they can still turn it around even without Joe Burrow.

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Speaker 2: I don't know how you do that. I really really don't. Nonetheless, nonetheless,

403
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Speaker 2: what else going on? Prime deals are back, I said

404
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Speaker 2: they were. Just didn't they do a Prime Prime Day?

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Speaker 2: You know Amazon Prime? Oh, I guess they're doing it

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Speaker 2: again starting today tomorrow. Fourth time that they've done two

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Speaker 2: member exclusive savings events in a single year. Why did

408
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Speaker 2: they do that? Because last time one they raked in

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Speaker 2: nine billion dollars in October from Prime Deals twenty twenty

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Speaker 2: five nine billion dollar. Holy crap, last time it did

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Speaker 2: is nine billion dollars. So yeah, I'd imagine they just

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Speaker 2: continue to do this several times a year. If that's

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Speaker 2: the case, so Prime days, baby, I know is when

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Speaker 2: we moved into the new house, it was like a

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Speaker 2: steady stream of Amazon trucks just dropping stuff off. I

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Speaker 2: don't even want to know. I don't even want to

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Speaker 2: look quite honestly, look at it, going how much money

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Speaker 2: do we spend on it? Because you just need stuff?

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Speaker 2: You need stuff? You know how things are always changing

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Speaker 2: in America and for those like, oh my god, I

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Speaker 2: just don't recognize America that's so supposed to be what

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00:19:56,560 --> 00:20:00,160
Speaker 2: happened yesterday becomes commonplace. What happened five, ten, fifty, teen

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Speaker 2: years ago, of course, is ancient history. Nothing ever stays

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Speaker 2: the same. We're always moving. And that's the challenge, of course.

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Speaker 2: That's the appeal of conservatism and tradition, is that while

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Speaker 2: we want things to stay the same and even still,

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Speaker 2: nothing ever changed, and progressives, of course want a utopia

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Speaker 2: that will never exist. And the older you get, it's

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Speaker 2: supposed to feel more and more out of touch and

430
00:20:23,560 --> 00:20:25,120
Speaker 2: this is really going to put it over the top.

431
00:20:25,200 --> 00:20:27,840
Speaker 2: And if you thought are collective angst as a society,

432
00:20:28,560 --> 00:20:30,720
Speaker 2: we've hit peak peak social And I read something the

433
00:20:30,760 --> 00:20:33,119
Speaker 2: other day I think we hit peak social media. Maybe,

434
00:20:33,240 --> 00:20:37,879
Speaker 2: but we're just starting. We're just starting the AI And

435
00:20:37,960 --> 00:20:39,280
Speaker 2: you go, well, what do you mean. I can get

436
00:20:39,320 --> 00:20:41,680
Speaker 2: on my phone and I have a chat GPT and

437
00:20:41,760 --> 00:20:43,880
Speaker 2: I have claude, and I could have my dog playing

438
00:20:43,960 --> 00:20:46,640
Speaker 2: piano and just tell them to take a photo, take

439
00:20:46,720 --> 00:20:49,080
Speaker 2: up this image of me and make me dress me

440
00:20:49,200 --> 00:20:52,480
Speaker 2: up like a a pelican that is dressed like they're

441
00:20:52,520 --> 00:20:55,280
Speaker 2: in some fifth century court. And we can do that.

442
00:20:55,960 --> 00:20:58,080
Speaker 2: I can make you look like a pelican wearing the

443
00:20:58,160 --> 00:21:05,400
Speaker 2: outfit of a fifth century barrister. Okay, so what Well,

444
00:21:05,560 --> 00:21:07,639
Speaker 2: there's a new one called Sora s O r A

445
00:21:07,880 --> 00:21:12,960
Speaker 2: not Siri, not Soros, but Sora s o R and

446
00:21:13,040 --> 00:21:16,960
Speaker 2: it's been topping Google's I'm sorry, it's Apple's App store

447
00:21:17,040 --> 00:21:19,760
Speaker 2: charts for a few days now. The Biblimatter are the

448
00:21:19,840 --> 00:21:24,400
Speaker 2: open AI folks who make chat GPTT and it's designed

449
00:21:24,400 --> 00:21:28,440
Speaker 2: to be a midpoint for video. It's the social media feed.

450
00:21:28,560 --> 00:21:32,000
Speaker 2: So you know social are we had peak social media? Yeah? Maybe,

451
00:21:32,160 --> 00:21:35,879
Speaker 2: but we're not even beginning AI social media. What the

452
00:21:35,920 --> 00:21:37,159
Speaker 2: hell is that? And this is what you need to

453
00:21:37,240 --> 00:21:40,600
Speaker 2: know about. This is frightening if you are fear of change.

454
00:21:42,880 --> 00:21:45,480
Speaker 2: So they make short videos kind of like TikTok, right,

455
00:21:45,960 --> 00:21:49,200
Speaker 2: and it's it's in that way, but it's an interface

456
00:21:50,240 --> 00:21:55,840
Speaker 2: that allows you to create videos and manufacture content literally

457
00:21:55,880 --> 00:21:59,280
Speaker 2: without manufacturing the content. The AI does it. It's really

458
00:21:59,320 --> 00:22:03,240
Speaker 2: really interesting and it's the only AI social media feed

459
00:22:03,280 --> 00:22:05,960
Speaker 2: to launch in recent weeks. So sou all you need

460
00:22:06,040 --> 00:22:09,159
Speaker 2: to do is install the app, obviously, but you use

461
00:22:09,200 --> 00:22:11,920
Speaker 2: a text prompt to create any footage you can dream

462
00:22:12,040 --> 00:22:14,359
Speaker 2: up with. So instead of going I'm gonna take this

463
00:22:14,480 --> 00:22:16,320
Speaker 2: photo or this video and hey, can you doctor it

464
00:22:16,440 --> 00:22:18,280
Speaker 2: up and make it look and then that doesn't quite

465
00:22:18,400 --> 00:22:19,720
Speaker 2: right and you've got to go back and render it,

466
00:22:20,080 --> 00:22:23,719
Speaker 2: this is just literally keystrokes. So you can upload images

467
00:22:23,760 --> 00:22:26,520
Speaker 2: of yourselves, and you could take your likeness and voice,

468
00:22:26,680 --> 00:22:31,159
Speaker 2: and you could put yourself into imaginary scenes. You can

469
00:22:31,240 --> 00:22:35,760
Speaker 2: integrate fictional characters, your company logo, even dead celebrities. You

470
00:22:35,840 --> 00:22:39,920
Speaker 2: can put whomever you want into these videos. And it's

471
00:22:40,080 --> 00:22:44,360
Speaker 2: really really high quality. And here lies the rub. Now,

472
00:22:44,520 --> 00:22:46,600
Speaker 2: keep in mind, right now, if you download and looked

473
00:22:46,640 --> 00:22:49,560
Speaker 2: at it. It looked terrible, but that is because so

474
00:22:49,680 --> 00:22:52,000
Speaker 2: many people are downloading on a daily basis. There's no

475
00:22:52,080 --> 00:22:54,000
Speaker 2: way they can keep up with it because of bandwidth

476
00:22:54,040 --> 00:22:56,800
Speaker 2: and everything else. But mark my words, what winds up

477
00:22:56,840 --> 00:23:01,600
Speaker 2: happening is eventually their ecosystem can up and they're able

478
00:23:01,720 --> 00:23:04,159
Speaker 2: to service all the people that want to use this.

479
00:23:04,280 --> 00:23:06,720
Speaker 2: I mean, the early days of YouTube were terrible, but

480
00:23:07,040 --> 00:23:09,960
Speaker 2: now YouTube is like its own network, basically the biggest

481
00:23:10,000 --> 00:23:13,240
Speaker 2: network in the world's YouTube as far as content goes.

482
00:23:14,720 --> 00:23:17,760
Speaker 2: So Sora, you just put keystrokes in and it'll come

483
00:23:17,800 --> 00:23:20,600
Speaker 2: up with anything you want, just in time, by the way,

484
00:23:21,040 --> 00:23:23,760
Speaker 2: for the next election. So what this means is more

485
00:23:24,200 --> 00:23:27,800
Speaker 2: accurate and better deep fakes. I'm looking at it now.

486
00:23:28,000 --> 00:23:30,879
Speaker 2: They have a and again, just a few keystrokes did

487
00:23:30,920 --> 00:23:34,879
Speaker 2: this saying, hey make a guy. Take a guy at

488
00:23:35,000 --> 00:23:39,080
Speaker 2: night and put him in a situation where he's stuffing

489
00:23:39,800 --> 00:23:43,560
Speaker 2: drop boxes, and a few minutes later it spits out

490
00:23:43,560 --> 00:23:47,360
Speaker 2: this very very realistic looking video looks like it's from

491
00:23:47,359 --> 00:23:50,600
Speaker 2: a security camera of a guy wearing a mask, dressed

492
00:23:50,640 --> 00:23:54,080
Speaker 2: in black, getting out of a van and taking a

493
00:23:54,160 --> 00:23:58,160
Speaker 2: bunch of papers and stuffing them into a drop box

494
00:23:58,200 --> 00:24:02,399
Speaker 2: in front of an election place and you look at

495
00:24:02,440 --> 00:24:05,600
Speaker 2: that and you go, my god, that looks real. And

496
00:24:06,480 --> 00:24:08,240
Speaker 2: what would happen is someone to see that, And of

497
00:24:08,280 --> 00:24:11,600
Speaker 2: course it's spread on social and since to the naked eye,

498
00:24:11,720 --> 00:24:13,879
Speaker 2: or even now experts are going, you know what, I

499
00:24:14,000 --> 00:24:16,679
Speaker 2: can tell a little bit here and there, but by

500
00:24:16,760 --> 00:24:18,480
Speaker 2: this time next year, I won't be able to tell

501
00:24:18,840 --> 00:24:22,760
Speaker 2: unless we absolutely put it through its paces and break

502
00:24:22,800 --> 00:24:24,600
Speaker 2: down each frame of the video and look at it

503
00:24:24,640 --> 00:24:27,840
Speaker 2: in that fashion. But that takes time, that takes effort

504
00:24:27,920 --> 00:24:29,240
Speaker 2: to be able to tell whether or not this is

505
00:24:29,320 --> 00:24:31,560
Speaker 2: deep fake. By then, it's spread around the world and

506
00:24:31,760 --> 00:24:37,400
Speaker 2: the image of this guy who is putting ballots into

507
00:24:37,480 --> 00:24:40,240
Speaker 2: drop boxes has now been sent to grandma and grandpa

508
00:24:40,320 --> 00:24:43,960
Speaker 2: and mom and dad and they believe it. So what

509
00:24:44,040 --> 00:24:48,080
Speaker 2: does that mean? Well, that means now that we can

510
00:24:48,200 --> 00:24:53,880
Speaker 2: be more manipulated than ever before, and not necessarily all

511
00:24:54,200 --> 00:24:56,560
Speaker 2: in bad ways. There's probably some good in here too.

512
00:24:56,640 --> 00:24:59,119
Speaker 2: But there's another one where they had a video of

513
00:24:59,119 --> 00:25:02,600
Speaker 2: a bomb exploding city streets that was completely fabricated, and

514
00:25:02,720 --> 00:25:05,800
Speaker 2: you can take that kind of thing and augment reality,

515
00:25:06,600 --> 00:25:09,160
Speaker 2: and by the time anyone with any knowledge or ability

516
00:25:09,240 --> 00:25:11,240
Speaker 2: is able to process a go nut was a fake.

517
00:25:11,720 --> 00:25:14,920
Speaker 2: It's literally days or weeks later, and by then it's

518
00:25:14,920 --> 00:25:18,480
Speaker 2: already been amplified and shared billions of times, millions of times.

519
00:25:18,920 --> 00:25:21,359
Speaker 2: And now people are believing this alternate universe. And so

520
00:25:21,880 --> 00:25:24,520
Speaker 2: if you thought we were divided before, and I think

521
00:25:24,600 --> 00:25:26,600
Speaker 2: you know, this whole Charlie Kirk thing is evidence of that.

522
00:25:27,119 --> 00:25:30,960
Speaker 2: You know, right now Conservatives Republicans are holding Charlie Kirk

523
00:25:31,040 --> 00:25:34,000
Speaker 2: up like he's being nominated for sainthood at this point.

524
00:25:34,440 --> 00:25:36,399
Speaker 2: And meanwhile, you know, a few months ago, how many

525
00:25:36,440 --> 00:25:38,159
Speaker 2: people could really tell you who Charlie Kirk was. Now

526
00:25:38,560 --> 00:25:40,680
Speaker 2: I'm not diminishing him at all, don't don't get me wrong,

527
00:25:40,760 --> 00:25:43,720
Speaker 2: because he was significant in swinging the election Trump's way.

528
00:25:43,720 --> 00:25:46,200
Speaker 2: There's no question about it as far as mobilizing young voters.

529
00:25:46,240 --> 00:25:49,160
Speaker 2: But unless you're in that, you know that that twenty

530
00:25:49,240 --> 00:25:51,480
Speaker 2: nine year old sweet spot, which most of us aren't,

531
00:25:51,880 --> 00:25:54,000
Speaker 2: you probably had no idea what he did, or maybe

532
00:25:54,000 --> 00:25:55,440
Speaker 2: you knew the name and kind of yeah, I've seen

533
00:25:55,520 --> 00:25:57,720
Speaker 2: him before, I heard him talk and never maye listen

534
00:25:57,760 --> 00:25:59,359
Speaker 2: to the podcast or whatever. And of course you know

535
00:25:59,760 --> 00:26:01,880
Speaker 2: one she pass and especially in the fashion of which

536
00:26:01,920 --> 00:26:05,720
Speaker 2: he died which was murdered assassinated. Your legend grows exponentially,

537
00:26:07,240 --> 00:26:09,760
Speaker 2: and that's true, whether it's Charlie Kirk or it's I

538
00:26:09,800 --> 00:26:13,520
Speaker 2: don't know, John F. Kennedy for that matter. The legend

539
00:26:13,600 --> 00:26:15,840
Speaker 2: grows if you become a murder, which Charlie Kirk did.

540
00:26:16,800 --> 00:26:20,000
Speaker 2: And so the end result here is that you wonder

541
00:26:20,040 --> 00:26:22,640
Speaker 2: how many people are like Morning Lass and didn't really

542
00:26:22,680 --> 00:26:25,000
Speaker 2: know who Charlie Kirk was or was about until he

543
00:26:25,200 --> 00:26:28,520
Speaker 2: was he was executed, until he was assassinated, which is true,

544
00:26:28,560 --> 00:26:32,080
Speaker 2: and so a lot of people followed him. You may

545
00:26:32,160 --> 00:26:34,439
Speaker 2: go who and then they look at you like, how

546
00:26:34,440 --> 00:26:35,840
Speaker 2: the hell do you not know who this is? Or

547
00:26:35,880 --> 00:26:38,680
Speaker 2: this platform or this this app or this website or

548
00:26:38,720 --> 00:26:41,280
Speaker 2: this chance whatever it is. We have all of this.

549
00:26:41,600 --> 00:26:45,439
Speaker 2: It's become so fractured that people have their own realities

550
00:26:46,720 --> 00:26:49,760
Speaker 2: and so, you know, there may be a news source

551
00:26:49,840 --> 00:26:53,520
Speaker 2: or website and influencer whomever that I listened to or

552
00:26:53,600 --> 00:26:56,119
Speaker 2: subscribe to that I would point out to you and go,

553
00:26:56,920 --> 00:26:58,200
Speaker 2: what do you mean You know that is you must

554
00:26:58,240 --> 00:27:00,200
Speaker 2: be the enemy. Then you have no idea what you're

555
00:27:00,200 --> 00:27:02,680
Speaker 2: talking about, because there's just so many of them out there.

556
00:27:02,800 --> 00:27:06,080
Speaker 2: And so we have this this, this whole separatize, separate.

557
00:27:08,320 --> 00:27:11,399
Speaker 2: I guess information sources out there and whether they're credible

558
00:27:11,480 --> 00:27:13,200
Speaker 2: or tur or not. This just adds to it. So

559
00:27:13,359 --> 00:27:15,560
Speaker 2: you could take a lot of this information that's going

560
00:27:15,600 --> 00:27:18,080
Speaker 2: to be coming out, a lot of this disinformation. And

561
00:27:18,280 --> 00:27:20,120
Speaker 2: if we know about this too, I'm not even talking

562
00:27:20,160 --> 00:27:22,159
Speaker 2: about you know what, all the Russians and Chinese get

563
00:27:22,200 --> 00:27:23,440
Speaker 2: ahold of the stuff, what they're going to do with

564
00:27:23,520 --> 00:27:26,440
Speaker 2: it and throw it back in our face, and it's

565
00:27:26,520 --> 00:27:28,240
Speaker 2: just going to feed the narrative. And we're going to

566
00:27:28,280 --> 00:27:29,920
Speaker 2: be fed a lot of fake news to the point

567
00:27:29,960 --> 00:27:31,320
Speaker 2: where we're not going to be to tell what's real

568
00:27:31,359 --> 00:27:33,600
Speaker 2: and what's fake. And we're all going to be living

569
00:27:33,640 --> 00:27:36,639
Speaker 2: in these alternate spheres in universes. I don't know what

570
00:27:36,760 --> 00:27:39,640
Speaker 2: that means for the future, not for elections or anything else,

571
00:27:40,160 --> 00:27:43,920
Speaker 2: but you know, if there are countless echo spheres out

572
00:27:43,960 --> 00:27:46,000
Speaker 2: there where you're being fed a steady diet and stuff

573
00:27:46,000 --> 00:27:48,000
Speaker 2: because of the algorithms, and hey, you know what, I

574
00:27:48,160 --> 00:27:50,639
Speaker 2: saw this guy stuffing ballot boxes and it's real. I

575
00:27:50,760 --> 00:27:52,800
Speaker 2: tell you it's real because I was told by someone

576
00:27:52,880 --> 00:27:55,120
Speaker 2: it's real, even though you know they may be using

577
00:27:55,240 --> 00:27:57,960
Speaker 2: that for disinformation I don't know who to believe anymore.

578
00:27:58,400 --> 00:28:00,840
Speaker 2: I can't trust the you know, the the traditional news

579
00:28:00,880 --> 00:28:03,639
Speaker 2: outlets and a martlook what they've done. And now we

580
00:28:03,840 --> 00:28:08,119
Speaker 2: have this whole wild wild west of information and disinformation

581
00:28:08,240 --> 00:28:10,160
Speaker 2: out there. We're not going to know who to believe

582
00:28:10,160 --> 00:28:11,959
Speaker 2: and up from down at this point certainly not going

583
00:28:12,040 --> 00:28:12,360
Speaker 2: to be good.

584
00:28:12,400 --> 00:28:12,560
Speaker 1: Now.

585
00:28:12,840 --> 00:28:15,440
Speaker 2: You know, there's some other things in there that they're

586
00:28:15,520 --> 00:28:18,639
Speaker 2: trying to block out. Any misuse of children or images

587
00:28:18,680 --> 00:28:20,920
Speaker 2: and likenesses of children, which is gonna be a really

588
00:28:21,000 --> 00:28:25,640
Speaker 2: interesting First Amendment debate. There's one where you can't use

589
00:28:25,680 --> 00:28:28,400
Speaker 2: the likeness of like for example, they said, we tried

590
00:28:28,440 --> 00:28:30,840
Speaker 2: to produce a video of President Trump or other world

591
00:28:30,920 --> 00:28:34,080
Speaker 2: leaders to create a but we can't do it. We

592
00:28:34,160 --> 00:28:36,920
Speaker 2: can't will not let us take an image of a

593
00:28:37,600 --> 00:28:41,600
Speaker 2: active politician or someone like that and try to alter

594
00:28:42,000 --> 00:28:44,320
Speaker 2: what they're saying. However, they did. I think this is

595
00:28:44,360 --> 00:28:47,760
Speaker 2: maybe the New York Times that did this. They created

596
00:28:47,800 --> 00:28:50,560
Speaker 2: a political route with attendees wearing blue and holding signs

597
00:28:50,560 --> 00:28:53,840
Speaker 2: about rights and freedoms, and sore produced a video featuring

598
00:28:54,240 --> 00:28:57,280
Speaker 2: the voice of President Barack Obama, so it kind of

599
00:28:57,320 --> 00:29:00,240
Speaker 2: cut you could sort of look like Obama as they

600
00:29:00,280 --> 00:29:02,640
Speaker 2: pan across the crowd, and it was his voice. It

601
00:29:02,680 --> 00:29:04,840
Speaker 2: sounds exactly like him but talking about this, and so

602
00:29:05,400 --> 00:29:07,320
Speaker 2: you can do things like that where it's like a

603
00:29:07,440 --> 00:29:09,960
Speaker 2: subtle influence. I mean, the whole thing is fascinating where

604
00:29:09,960 --> 00:29:14,400
Speaker 2: it's headed. But I guess from a consumption standpoint, it

605
00:29:14,520 --> 00:29:16,760
Speaker 2: seems to me that if we have something like Sora,

606
00:29:16,840 --> 00:29:20,560
Speaker 2: and eventually if it works, who knows, I'd imagine it

607
00:29:20,600 --> 00:29:22,360
Speaker 2: would is more and more people download. It's going to

608
00:29:22,400 --> 00:29:24,200
Speaker 2: take a long time, though, I think for it to

609
00:29:24,320 --> 00:29:27,719
Speaker 2: get better, simply because of the demand that's out there

610
00:29:27,800 --> 00:29:29,959
Speaker 2: with people like me talking about or you may download

611
00:29:30,000 --> 00:29:31,880
Speaker 2: her to look at and go check this out. It's terrible.

612
00:29:31,920 --> 00:29:35,360
Speaker 2: What's Sloan talking about? It's not today, it's tomorrow. Because

613
00:29:35,400 --> 00:29:37,520
Speaker 2: eventually it's going to get that good. If you can

614
00:29:37,680 --> 00:29:39,840
Speaker 2: create this, I guess in a laboratory at this point

615
00:29:39,880 --> 00:29:41,840
Speaker 2: and say hey, here's a great example of how we

616
00:29:41,880 --> 00:29:46,680
Speaker 2: can do this. Once they're able to work around all

617
00:29:46,720 --> 00:29:49,480
Speaker 2: the demand for it, it'll catch up. It'll take some time,

618
00:29:49,920 --> 00:29:51,760
Speaker 2: but I'll be here sooner before you know it. I

619
00:29:51,920 --> 00:29:54,920
Speaker 2: just wonder, though, if like you know, you look at it.

620
00:29:54,960 --> 00:29:56,520
Speaker 2: I don't know, what's your favorite show. What do you watch?

621
00:29:57,520 --> 00:30:00,480
Speaker 2: Is it a comedy? Is it maybe like my webspit's

622
00:30:00,520 --> 00:30:02,920
Speaker 2: a lot of time watching TikTok videos, but that's like

623
00:30:03,040 --> 00:30:06,480
Speaker 2: user created content and stuff, right. I wonder what happens

624
00:30:06,560 --> 00:30:12,600
Speaker 2: to regular television show, your favorite shows, talking head shows.

625
00:30:12,640 --> 00:30:14,240
Speaker 2: It might be it could be a comedy, it could

626
00:30:14,240 --> 00:30:15,760
Speaker 2: be romance, drama, cop shows.

627
00:30:15,840 --> 00:30:16,080
Speaker 1: Whatever.

628
00:30:18,040 --> 00:30:20,240
Speaker 2: Isn't this just going to be able to replicate and

629
00:30:20,320 --> 00:30:23,680
Speaker 2: create shows with no actors or actresses whatsoever, just AI

630
00:30:23,800 --> 00:30:26,440
Speaker 2: images and then if you found something you really really liked,

631
00:30:27,840 --> 00:30:29,800
Speaker 2: I mean, you know, it could become a series and

632
00:30:29,920 --> 00:30:32,160
Speaker 2: there's no actors, No one's going to go on strike.

633
00:30:32,200 --> 00:30:35,440
Speaker 2: You don't have to pay anybody, you don't need all

634
00:30:35,480 --> 00:30:37,800
Speaker 2: that behind the scenes. You're not shooting any video, you're

635
00:30:37,840 --> 00:30:40,120
Speaker 2: not having to go out on location. You're just going, hey,

636
00:30:40,600 --> 00:30:42,720
Speaker 2: make me a story about I don't know, because you

637
00:30:42,760 --> 00:30:46,000
Speaker 2: know what we need. We need other New York Chicago

638
00:30:46,200 --> 00:30:49,400
Speaker 2: or LA based cop show. That's what we need. You

639
00:30:49,520 --> 00:30:52,280
Speaker 2: turn on network TV. It's reality shows and it's like, Okay,

640
00:30:52,400 --> 00:30:56,280
Speaker 2: I've got either Chicago Ems, I've got New York Police,

641
00:30:56,520 --> 00:31:00,440
Speaker 2: or I've got LA Fire. There are pretty much shows

642
00:31:00,440 --> 00:31:02,440
Speaker 2: that scripted shows that are on TV, right, I can't

643
00:31:02,480 --> 00:31:05,520
Speaker 2: you just do this with AI. It's like literally Hollywood

644
00:31:05,600 --> 00:31:08,800
Speaker 2: is screaming for AI to take over Final We'll create show.

645
00:31:08,840 --> 00:31:10,880
Speaker 2: We can create a show on Mars if we wanted to.

646
00:31:12,200 --> 00:31:15,080
Speaker 2: And I wonder what the level AI with The writing

647
00:31:15,680 --> 00:31:18,400
Speaker 2: is pretty damn good. AI can write, you know, write

648
00:31:18,440 --> 00:31:22,160
Speaker 2: you a pretty good cover letter, a resume, interview, questions,

649
00:31:22,240 --> 00:31:25,080
Speaker 2: interview answers. You can do all this stuff in augmented reality.

650
00:31:25,120 --> 00:31:27,320
Speaker 2: On AI. I'm pretty sure it can write a pretty

651
00:31:27,360 --> 00:31:32,240
Speaker 2: damn good script, comedy, drama or otherwise. And so now

652
00:31:32,320 --> 00:31:34,280
Speaker 2: all of a sudden, that device in your hand, I

653
00:31:34,840 --> 00:31:38,400
Speaker 2: is opposed to just use your creative content and TikTok videos.

654
00:31:38,480 --> 00:31:43,280
Speaker 2: Now there's actual programming on there. There's decent quality AI

655
00:31:43,520 --> 00:31:47,840
Speaker 2: produced content, scripted well not even I guess it would

656
00:31:47,880 --> 00:31:49,800
Speaker 2: be scripted, but AI's I mean, just think about that.

657
00:31:50,200 --> 00:31:53,920
Speaker 2: What would that do then? Is by the way, I've

658
00:31:53,920 --> 00:31:56,240
Speaker 2: got CNN on one monitor and we've got Fox News

659
00:31:56,320 --> 00:31:59,920
Speaker 2: on another monitor, and I'm looking at Bill Hemmer, for example,

660
00:32:00,920 --> 00:32:05,320
Speaker 2: talking about the Chicago mayor re establishing is zones, and

661
00:32:05,720 --> 00:32:07,960
Speaker 2: I went in the future, if we are all in this,

662
00:32:08,640 --> 00:32:12,720
Speaker 2: I guess the silo of information and disinformation? Does that

663
00:32:12,880 --> 00:32:15,320
Speaker 2: go away? Do we just have like AI generated news

664
00:32:15,360 --> 00:32:19,320
Speaker 2: shows that they can come up with guests and talking

665
00:32:19,440 --> 00:32:25,040
Speaker 2: heads and do shows based on fake news? And I

666
00:32:25,160 --> 00:32:27,160
Speaker 2: wont as I watch a show going I don't know

667
00:32:27,200 --> 00:32:29,040
Speaker 2: who this guy is, but I really really like him.

668
00:32:29,040 --> 00:32:31,640
Speaker 2: These interview questions and the guests, it's absurd. And yeah,

669
00:32:31,680 --> 00:32:35,000
Speaker 2: it's all done by AI. It's all scripted, it's all imaginary,

670
00:32:35,240 --> 00:32:36,760
Speaker 2: and you wonder how many people will be able to

671
00:32:36,800 --> 00:32:39,840
Speaker 2: tell the real from the fact. I mean that's you know, certainly,

672
00:32:39,960 --> 00:32:42,320
Speaker 2: your your TV shows, your streaming shows are one thing,

673
00:32:43,240 --> 00:32:46,240
Speaker 2: but you're not going to need the actors and actresses anymore.

674
00:32:46,240 --> 00:32:49,400
Speaker 2: They're going to be completely AI before too long. I mean,

675
00:32:49,440 --> 00:32:51,480
Speaker 2: it seems like to me that would be gone. Imagine

676
00:32:52,280 --> 00:32:54,760
Speaker 2: imagine creators and content. You could create shows like that.

677
00:32:58,360 --> 00:33:00,480
Speaker 2: You're not paying you're not paying the other overhead for

678
00:33:00,560 --> 00:33:03,520
Speaker 2: studios or shooting or movies or you know, you're not

679
00:33:03,560 --> 00:33:05,960
Speaker 2: shooting on film or digital video. There's no editing, there's

680
00:33:06,040 --> 00:33:09,280
Speaker 2: no people working behind the scenes. It's just like someone

681
00:33:09,400 --> 00:33:11,040
Speaker 2: with some ideas and you put it in an AI.

682
00:33:11,120 --> 00:33:12,840
Speaker 2: All of a sudden, we've got programming out I mean

683
00:33:12,880 --> 00:33:15,720
Speaker 2: that's kind of frightening, right because talk about you know,

684
00:33:15,800 --> 00:33:18,440
Speaker 2: in institutions that are following we've already seen journalism or

685
00:33:18,440 --> 00:33:20,280
Speaker 2: as the state of journalism right now. It's not very good.

686
00:33:20,360 --> 00:33:22,720
Speaker 2: That's going to road this even more because you know what,

687
00:33:22,880 --> 00:33:24,680
Speaker 2: the fake stuff, the AA stuff is going to be

688
00:33:24,760 --> 00:33:26,920
Speaker 2: more entertaining the news now, and let's face it, a

689
00:33:27,000 --> 00:33:29,560
Speaker 2: lot of the news that we consume is entertainment based

690
00:33:29,800 --> 00:33:33,040
Speaker 2: Fox and CNN. It's like radio talk show with pictures.

691
00:33:35,800 --> 00:33:38,840
Speaker 2: I just see AI, if this indeed is where we're

692
00:33:38,840 --> 00:33:40,720
Speaker 2: headed with this thing, and if it gets really really good,

693
00:33:40,760 --> 00:33:42,280
Speaker 2: I just think people are going to be instead of

694
00:33:42,320 --> 00:33:46,360
Speaker 2: watching NBCCBS, Fox, CNN, whatever it might be, it'll just

695
00:33:46,440 --> 00:33:50,560
Speaker 2: be whatever AI is fabricating that day, and we'll be

696
00:33:50,720 --> 00:33:53,800
Speaker 2: living in a fake universe as far as our information

697
00:33:54,080 --> 00:33:56,920
Speaker 2: entertainment goes. If we're not already, it's crazy to think

698
00:33:56,920 --> 00:34:01,120
Speaker 2: about where this might be headed. Anyway, Now they're scared

699
00:34:01,120 --> 00:34:02,920
Speaker 2: the crap body, and I think, you know, more a

700
00:34:03,320 --> 00:34:06,160
Speaker 2: okay show, I'm gonna watch some strict Have AI write

701
00:34:06,200 --> 00:34:08,800
Speaker 2: me some cop show only with like naughty bits in

702
00:34:08,880 --> 00:34:10,880
Speaker 2: it or something like that. Okay, that's one thing, but

703
00:34:11,640 --> 00:34:13,600
Speaker 2: you know now we have fake news, and we have

704
00:34:13,800 --> 00:34:16,279
Speaker 2: like AI generated fake news that people go, I know

705
00:34:16,360 --> 00:34:19,640
Speaker 2: it's fake, but I like it anyway. That's where we're headed.

706
00:34:20,719 --> 00:34:24,040
Speaker 2: That's sobering. Af let me get a news update in

707
00:34:24,120 --> 00:34:26,560
Speaker 2: when we continue the reality of politics. I mean, Kevin

708
00:34:26,560 --> 00:34:28,680
Speaker 2: Burton is here, he's right over the river and coming

709
00:34:28,719 --> 00:34:32,719
Speaker 2: to his political strategies with Crosstown Consulting where he's the

710
00:34:32,840 --> 00:34:36,840
Speaker 2: head there. And the issue of populism is interesting. Was

711
00:34:36,880 --> 00:34:41,160
Speaker 2: the Trump swept in on a way? The populism? You

712
00:34:41,200 --> 00:34:44,120
Speaker 2: wonder where the Democrats are with this? A new survey

713
00:34:44,239 --> 00:34:45,960
Speaker 2: came out. I'll share the numbers within the second. It's

714
00:34:46,000 --> 00:34:48,400
Speaker 2: kind of sobering. And the Republicans and Trump look like

715
00:34:48,440 --> 00:34:50,120
Speaker 2: they're underwater and a lot of things until you look

716
00:34:50,120 --> 00:34:51,680
Speaker 2: at the numbers of Democrats are putting up and then

717
00:34:51,719 --> 00:34:56,680
Speaker 2: you go, holy crap. They're literally it's like they're the

718
00:34:56,760 --> 00:35:01,640
Speaker 2: Bengals of politics right now. And if you're if you're

719
00:35:01,960 --> 00:35:04,640
Speaker 2: high five and thinking that's a good thing for Republicans,

720
00:35:05,120 --> 00:35:07,080
Speaker 2: I don't know if it is. Because I'm a firm believer.

721
00:35:07,120 --> 00:35:08,920
Speaker 2: And now about you that you know, if you have

722
00:35:09,000 --> 00:35:12,160
Speaker 2: a good opposition party, it's going to make the party

723
00:35:12,200 --> 00:35:14,280
Speaker 2: in power a little bit stronger, looking over their shoulder

724
00:35:14,280 --> 00:35:16,000
Speaker 2: a little bit. There's no more reason to look over

725
00:35:16,000 --> 00:35:18,080
Speaker 2: your shoulder. God help us what they get away with

726
00:35:19,160 --> 00:35:20,879
Speaker 2: it really is a mess. But what's going to happen

727
00:35:20,920 --> 00:35:23,200
Speaker 2: over the next few years relative to demographics and kind

728
00:35:23,200 --> 00:35:24,680
Speaker 2: of what we're talking about here, I'll get to Kevin

729
00:35:25,360 --> 00:35:27,759
Speaker 2: just add right after news update on this wet Tuesday morning,

730
00:35:27,800 --> 00:35:29,920
Speaker 2: Scotslon Show continues on the Home of the Best Bengals

731
00:35:29,960 --> 00:35:32,400
Speaker 2: coverage seven hundred WWT. Since snap don't want to be

732
00:35:32,520 --> 00:35:37,400
Speaker 2: an American Scott clone show, this is seven hundred WLWT.

733
00:35:37,480 --> 00:35:40,640
Speaker 2: The Dems are in very big trouble because said the Dems,

734
00:35:41,280 --> 00:35:44,200
Speaker 2: and opposition to Trump from within the GOP starting to

735
00:35:44,239 --> 00:35:47,080
Speaker 2: take shape for twenty twenty eight. We'll get into that

736
00:35:47,200 --> 00:35:49,200
Speaker 2: more in just a segment with Kevin Burton from Crosstown

737
00:35:49,200 --> 00:35:51,759
Speaker 2: Advisors as a political strategist and some of like only

738
00:35:51,840 --> 00:35:53,920
Speaker 2: thirty five percent of respondents a new poll said they

739
00:35:53,960 --> 00:35:56,720
Speaker 2: approved of Trump's management of the economy. This aren't good numbers,

740
00:35:58,120 --> 00:35:59,960
Speaker 2: and that is a similar number to those who approve

741
00:36:00,000 --> 00:36:02,200
Speaker 2: moved to the economy under Biden. So as far as

742
00:36:02,280 --> 00:36:03,920
Speaker 2: the average voter goes the only so much of a

743
00:36:03,960 --> 00:36:06,680
Speaker 2: difference between what Biden's doing or did and what Trump's

744
00:36:06,680 --> 00:36:09,279
Speaker 2: doing right now. But so, okay, so how is that

745
00:36:09,360 --> 00:36:12,239
Speaker 2: a fa how's that a failure for Democrats? Well, thirty

746
00:36:12,320 --> 00:36:15,359
Speaker 2: five percent said Trump is doing a good job manage

747
00:36:15,360 --> 00:36:18,400
Speaker 2: in the economy. Less than one in four think that

748
00:36:18,520 --> 00:36:23,040
Speaker 2: the Democrats have a better plan, something like twenty four percent,

749
00:36:23,120 --> 00:36:25,520
Speaker 2: So that's an eleven point swing. Kevin Burton's I mentioned

750
00:36:25,600 --> 00:36:28,960
Speaker 2: Crosstown Advisors over Northern Kentucky's a political strategist. Good to

751
00:36:29,000 --> 00:36:30,160
Speaker 2: have you back, Kevin Haw's life.

752
00:36:31,160 --> 00:36:33,480
Speaker 5: Thanks, Scott All's good. How about yourself?

753
00:36:33,640 --> 00:36:38,120
Speaker 2: Can't complain rocking and rolling. So I think this is

754
00:36:38,200 --> 00:36:43,200
Speaker 2: interesting because the US government shutdown is happening under Republican control,

755
00:36:43,440 --> 00:36:46,279
Speaker 2: and the Conservatives have blamed Democrats for it, and it's

756
00:36:46,280 --> 00:36:49,759
Speaker 2: not sticking. And the reason maybe it's not sticking is

757
00:36:49,960 --> 00:36:52,920
Speaker 2: because it's about healthcare. Now, back to that poll, the

758
00:36:53,000 --> 00:36:56,720
Speaker 2: only area where DEM's score higher would be women's rights,

759
00:36:57,080 --> 00:37:00,920
Speaker 2: environment and healthcare. If you think about it, you know

760
00:37:01,000 --> 00:37:03,759
Speaker 2: women are doing better than men on paper, certainly, and

761
00:37:03,920 --> 00:37:08,560
Speaker 2: especially younger women, so there's really no political leverage there.

762
00:37:08,719 --> 00:37:10,920
Speaker 2: The environment is kind of a fickle thing always has

763
00:37:11,000 --> 00:37:13,120
Speaker 2: been in America because you're not going to buy the

764
00:37:13,200 --> 00:37:15,920
Speaker 2: chicken that's more eco friendly because it's a dollar fifty

765
00:37:16,000 --> 00:37:19,320
Speaker 2: more than regular ass chicken. And inflation is killing you

766
00:37:19,440 --> 00:37:22,240
Speaker 2: right now. So environment is a great first world problem,

767
00:37:22,800 --> 00:37:25,320
Speaker 2: and when you feel like maybe you're getting third world income,

768
00:37:25,760 --> 00:37:27,560
Speaker 2: you don't care about it as much anymore. So that

769
00:37:27,760 --> 00:37:29,480
Speaker 2: just leaves healthcare. Is that what's going on here with

770
00:37:29,560 --> 00:37:30,000
Speaker 2: the shut down?

771
00:37:31,239 --> 00:37:31,399
Speaker 1: Well?

772
00:37:31,840 --> 00:37:34,239
Speaker 5: Yeah, I mean healthcare is honestly the one thing that

773
00:37:34,320 --> 00:37:37,600
Speaker 5: Democrats just if you look for really since people started

774
00:37:37,680 --> 00:37:40,960
Speaker 5: really knowing what Obamacare was and that I've been there

775
00:37:41,640 --> 00:37:46,839
Speaker 5: consistent winning issue, and you know, it's pretty easy to show,

776
00:37:47,000 --> 00:37:50,800
Speaker 5: like if your premiums go up or down. So for

777
00:37:50,880 --> 00:37:54,200
Speaker 5: the Democrats, that makes total sense to the wall in

778
00:37:54,320 --> 00:37:59,520
Speaker 5: on this because healthcare in this country is ridiculous. I

779
00:37:59,560 --> 00:38:03,279
Speaker 5: don't care who you are. That's a messageous, it's a mess.

780
00:38:03,400 --> 00:38:05,920
Speaker 5: We're the world's the greatest superpower, but we can't figure

781
00:38:05,960 --> 00:38:07,320
Speaker 5: out healthcare.

782
00:38:07,680 --> 00:38:08,319
Speaker 3: I don't know why.

783
00:38:10,600 --> 00:38:13,839
Speaker 5: So for for the Dems who miss you know, who

784
00:38:13,960 --> 00:38:17,560
Speaker 5: controls the House, the Senate, the President are all Republicans,

785
00:38:18,239 --> 00:38:23,920
Speaker 5: and in THEA in thirteen months from now, you can say, hey,

786
00:38:24,239 --> 00:38:28,000
Speaker 5: I fought for your healthcare. I fought to keep the

787
00:38:28,040 --> 00:38:31,120
Speaker 5: prices low. Because to your point, they're struggling on every

788
00:38:31,200 --> 00:38:36,400
Speaker 5: other messaging. So for the Dems, it makes total sense

789
00:38:36,800 --> 00:38:41,200
Speaker 5: to go all in on to protect the A.

790
00:38:42,400 --> 00:38:44,879
Speaker 2: Yeah, which I mean, you think about it, it makes

791
00:38:44,880 --> 00:38:48,440
Speaker 2: it healthcare affordable. Well that hell, it's not affordable. It's

792
00:38:48,480 --> 00:38:51,799
Speaker 2: the problem. And you look at it empirically, Kevin, as

793
00:38:51,840 --> 00:38:53,880
Speaker 2: you know, and this is outside of maybe you know,

794
00:38:53,960 --> 00:38:56,840
Speaker 2: political strategy here, but the harsh realities, the fact that

795
00:38:57,280 --> 00:38:59,320
Speaker 2: it's got to be subsidized for it to be affordable,

796
00:38:59,360 --> 00:39:01,840
Speaker 2: which total he underminds the idea that it's affordable in

797
00:39:01,880 --> 00:39:04,759
Speaker 2: the first place, maybe affordable to someone who's benefiting from it,

798
00:39:04,840 --> 00:39:07,560
Speaker 2: but the overall it's it's that the prices are to

799
00:39:07,600 --> 00:39:08,920
Speaker 2: control and this just adds to it.

800
00:39:10,920 --> 00:39:14,520
Speaker 5: It is just a complete and total mess, you know,

801
00:39:14,760 --> 00:39:18,560
Speaker 5: And it's something that what's interesting is, do you know

802
00:39:18,800 --> 00:39:21,960
Speaker 5: Richard Nixon was the first person to propose universal health

803
00:39:22,040 --> 00:39:27,280
Speaker 5: care in this country, So you know, and I remember

804
00:39:27,360 --> 00:39:30,800
Speaker 5: when in the Trump's first term, Obama said, rename it

805
00:39:30,800 --> 00:39:33,160
Speaker 5: trump Care. I don't I don't care if it keeps

806
00:39:33,280 --> 00:39:38,320
Speaker 5: people and this kind of leads to the populism movement

807
00:39:38,480 --> 00:39:41,680
Speaker 5: that you're seeing with even like MPG and people on

808
00:39:42,320 --> 00:39:46,719
Speaker 5: the lap that you know, Israel has universal health care

809
00:39:47,719 --> 00:39:50,200
Speaker 5: and we're giving them money. I mean, we have so

810
00:39:50,280 --> 00:39:53,960
Speaker 5: many problems in this country that we're not taking care

811
00:39:54,000 --> 00:39:55,759
Speaker 5: of our own. And it's really what Trump hit on

812
00:39:56,040 --> 00:39:58,880
Speaker 5: with his American First policy and why he really won

813
00:39:59,000 --> 00:40:01,919
Speaker 5: this selection, because people are tired of the status.

814
00:40:01,640 --> 00:40:05,080
Speaker 2: Well, yet at the same time it feels like the

815
00:40:05,080 --> 00:40:07,920
Speaker 2: status quote, doesn't it and does that now there's a

816
00:40:08,040 --> 00:40:10,840
Speaker 2: long time between now in twenty twenty eight, does that

817
00:40:11,000 --> 00:40:13,319
Speaker 2: populism start to backfire? I mean we're starting to see

818
00:40:13,640 --> 00:40:15,960
Speaker 2: I don't know if it's cracks as much. Ted Cruz

819
00:40:16,280 --> 00:40:18,359
Speaker 2: looks like he is trying going to make another run here.

820
00:40:18,440 --> 00:40:20,920
Speaker 2: He is runner up in twenty sixteen, and we'll see

821
00:40:20,960 --> 00:40:23,200
Speaker 2: what happens in twenty twenty eight. But it's like that's

822
00:40:23,239 --> 00:40:26,239
Speaker 2: starting to call us, like, you know, the neocons are back,

823
00:40:26,280 --> 00:40:28,719
Speaker 2: because it's like, hey, remember us over here, We're not

824
00:40:28,800 --> 00:40:31,000
Speaker 2: as crazy and you know, we're not saying, we're not

825
00:40:31,120 --> 00:40:33,879
Speaker 2: trotting out Robert Kennedy Junior saying and seeing things about

826
00:40:33,880 --> 00:40:37,000
Speaker 2: Taylan Hall, and we're not shooting ourselves on the foot

827
00:40:37,040 --> 00:40:39,920
Speaker 2: every other day and just doing wild buck ass wild stuff.

828
00:40:40,200 --> 00:40:42,200
Speaker 2: We're like, hey, you know, we're gonna do conservative stuff,

829
00:40:42,200 --> 00:40:43,440
Speaker 2: but it's not going to be the day to day

830
00:40:43,520 --> 00:40:46,200
Speaker 2: swings and the craziness that we're seeing right now. I

831
00:40:46,320 --> 00:40:48,560
Speaker 2: know that numbers and this is where you come in.

832
00:40:48,640 --> 00:40:52,520
Speaker 2: Polling from this past month found that thirty three percent

833
00:40:52,520 --> 00:40:54,440
Speaker 2: of adults age eighteen to twenty nine approved of his

834
00:40:54,520 --> 00:40:58,840
Speaker 2: handling Trump's handling of deportation immigrations. Sixty seven percent disapproved.

835
00:40:58,960 --> 00:41:02,680
Speaker 2: And that's interesting because you know, with the murder of

836
00:41:02,760 --> 00:41:07,279
Speaker 2: Charlie Kirk, Trump won the last election because of the

837
00:41:07,280 --> 00:41:09,840
Speaker 2: young vote turn ups for the young men, and you

838
00:41:09,920 --> 00:41:11,880
Speaker 2: look at that and you go wow, even podcasters are

839
00:41:11,960 --> 00:41:14,080
Speaker 2: now starting to maybe turn a little bit towards him

840
00:41:14,080 --> 00:41:16,719
Speaker 2: in many areas. I wonder if that continues, and if so,

841
00:41:16,920 --> 00:41:17,280
Speaker 2: what does.

842
00:41:17,160 --> 00:41:23,279
Speaker 5: That mean, Well, if he loses that faith that he's

843
00:41:23,719 --> 00:41:28,720
Speaker 5: the magnavement is just done to your point, and they

844
00:41:28,800 --> 00:41:35,080
Speaker 5: really propelled why Trump won last election that the young men,

845
00:41:35,400 --> 00:41:38,359
Speaker 5: the podcast I'm gonna call him the podcast bros. They

846
00:41:38,440 --> 00:41:42,239
Speaker 5: came out and drove and to his credit, he saw

847
00:41:42,360 --> 00:41:47,520
Speaker 5: the first avenue of go beyond everything and be you

848
00:41:47,600 --> 00:41:51,759
Speaker 5: know on the podcast. But the problem is for the

849
00:41:51,840 --> 00:41:54,600
Speaker 5: eighteen to twenty nine year olds, they can't afford houses.

850
00:41:55,080 --> 00:41:56,680
Speaker 5: American dream is dead for them.

851
00:41:57,080 --> 00:41:57,279
Speaker 3: Yeah.

852
00:41:57,400 --> 00:42:01,800
Speaker 5: So when Trump first ran, he was populism, he was

853
00:42:01,880 --> 00:42:05,040
Speaker 5: outside the status quo. Well he is the swamp now

854
00:42:05,360 --> 00:42:08,960
Speaker 5: he is. I mean, he's been ingrained in American politics.

855
00:42:09,000 --> 00:42:10,799
Speaker 5: If you're a thirty year old, thing about it your

856
00:42:10,880 --> 00:42:14,480
Speaker 5: whole half of your whole adult life. Trump has been

857
00:42:15,480 --> 00:42:21,080
Speaker 5: the dominating force in the Republican Party. So that's the

858
00:42:21,160 --> 00:42:24,920
Speaker 5: fact that Ted Cruz is looking at and you know,

859
00:42:25,160 --> 00:42:29,400
Speaker 5: to do an exploitatory committee because you're banking on if

860
00:42:29,480 --> 00:42:35,719
Speaker 5: everything goes the same, he doesn't have an avenue to

861
00:42:35,840 --> 00:42:38,759
Speaker 5: be president. If it gets a little bit worse, he

862
00:42:38,960 --> 00:42:43,399
Speaker 5: does because like if Trump's new numbers approved, it's going

863
00:42:43,440 --> 00:42:46,560
Speaker 5: to be JD. Vans or Marco Rubio because they're vice

864
00:42:46,600 --> 00:42:47,839
Speaker 5: president sectary of state.

865
00:42:47,920 --> 00:42:48,360
Speaker 3: You know, it's the.

866
00:42:48,400 --> 00:42:53,840
Speaker 5: Passing of the tour. If their numbers not increasing, it

867
00:42:53,960 --> 00:42:57,000
Speaker 5: goes down. Similar to like George Bush Dick Cheney that

868
00:42:57,120 --> 00:43:02,560
Speaker 5: you had to have a normal and I'm doing are

869
00:43:02,640 --> 00:43:09,200
Speaker 5: quotes around normal Republican run. You know, that's the avenue

870
00:43:10,000 --> 00:43:12,600
Speaker 5: and it's all about matchups. So you know, you still

871
00:43:12,640 --> 00:43:14,080
Speaker 5: have to see what the Democrats are going to do

872
00:43:14,120 --> 00:43:18,040
Speaker 5: on their side, which they are so lost and disorganized.

873
00:43:17,280 --> 00:43:19,920
Speaker 2: Right now, right that's the problem. Yeah, it feels like

874
00:43:20,000 --> 00:43:22,360
Speaker 2: we're splitting hairs over the Republicans. Like Vance is the

875
00:43:22,400 --> 00:43:24,800
Speaker 2: front runner, he's like pulling it like forty six almost

876
00:43:24,840 --> 00:43:28,239
Speaker 2: fifty percent behind. In the closest one I think is

877
00:43:28,840 --> 00:43:31,919
Speaker 2: vivik Is is twelve percent, so it's not even close,

878
00:43:31,920 --> 00:43:33,759
Speaker 2: and then cruises even on the radar at this point.

879
00:43:33,800 --> 00:43:35,880
Speaker 2: Now they could change. There's name recognition, he's in a

880
00:43:35,920 --> 00:43:38,800
Speaker 2: big state like Texas. A lot of fundraising is critical.

881
00:43:39,080 --> 00:43:41,480
Speaker 2: We'll see, and that's still a few years away. But yeah,

882
00:43:41,560 --> 00:43:44,319
Speaker 2: there's some there's some cracks are starting to show here.

883
00:43:44,600 --> 00:43:46,680
Speaker 2: And I think, you know, if you start losing the

884
00:43:46,719 --> 00:43:49,600
Speaker 2: young vote because they are promised they're virsion of the

885
00:43:49,600 --> 00:43:51,760
Speaker 2: American dream and they're going to be rich and plentiful,

886
00:43:51,840 --> 00:43:53,319
Speaker 2: and hey, we're going to come in and we're going

887
00:43:53,360 --> 00:43:56,400
Speaker 2: to fix healthcare and we're gonna do all these wonderful

888
00:43:56,440 --> 00:43:58,800
Speaker 2: things and we're gonna it's gonna rain money and everyone's

889
00:43:58,840 --> 00:44:01,160
Speaker 2: gonna be wealthy. And it's not happening, and it's getting

890
00:44:01,200 --> 00:44:05,040
Speaker 2: worse actually, with inflation that starts to expose things. Then

891
00:44:05,120 --> 00:44:08,000
Speaker 2: you add in the Epstein stuff that was a big

892
00:44:08,560 --> 00:44:10,640
Speaker 2: turnout machine for him, and he's going to expose all

893
00:44:10,680 --> 00:44:13,480
Speaker 2: this and he said, hey, nothing to see here. There's

894
00:44:13,480 --> 00:44:16,279
Speaker 2: definitely opportunity. But the problem is this, the Democrats are

895
00:44:16,400 --> 00:44:20,480
Speaker 2: so far out in the woods they can't even they

896
00:44:20,600 --> 00:44:23,120
Speaker 2: can't even come up with a plan here, or at

897
00:44:23,160 --> 00:44:26,000
Speaker 2: least a candidate and idea. They're grasping and shutting the

898
00:44:26,080 --> 00:44:28,680
Speaker 2: government down and trying to save us money and get

899
00:44:28,719 --> 00:44:30,840
Speaker 2: money back. Meanwhile, it's costing us what a trillion and

900
00:44:30,920 --> 00:44:35,320
Speaker 2: a half dollars for a seven week extension for continuing resolutions.

901
00:44:35,440 --> 00:44:37,600
Speaker 2: Basically means it's going to cost us an extra one

902
00:44:37,600 --> 00:44:40,320
Speaker 2: and a half trillion dollars just to pump the football

903
00:44:40,400 --> 00:44:42,839
Speaker 2: for seven weeks so they can pump the football again.

904
00:44:42,920 --> 00:44:45,279
Speaker 2: It's insane. That's how far gone this whole thing is.

905
00:44:45,360 --> 00:44:47,200
Speaker 2: They're clutching at the one thing they have, healthcare and

906
00:44:47,239 --> 00:44:49,360
Speaker 2: trying to build around that. Well, they're gonna get a

907
00:44:49,400 --> 00:44:52,520
Speaker 2: lot better plan than that. To your point, Bernie Sanders

908
00:44:52,960 --> 00:44:56,600
Speaker 2: has come outed and introduced an oyster farmer. People are

909
00:44:56,640 --> 00:44:59,239
Speaker 2: talking about socialism and oyster farmers. Now I don't know

910
00:44:59,280 --> 00:45:00,359
Speaker 2: what the hell's going on all love.

911
00:45:01,840 --> 00:45:04,160
Speaker 5: Well, so the grand planner guy you were talking about,

912
00:45:04,160 --> 00:45:06,360
Speaker 5: and that's kind of where we were talking about the populism,

913
00:45:09,400 --> 00:45:16,440
Speaker 5: he's gone up like gangbusters because the main governor was

914
00:45:16,520 --> 00:45:19,200
Speaker 5: going to announce that she was going to run for Senate. Well,

915
00:45:19,280 --> 00:45:22,480
Speaker 5: now it's actually a fight because he has kind.

916
00:45:22,320 --> 00:45:25,680
Speaker 2: Of gone viral for lack of a better term.

917
00:45:26,120 --> 00:45:30,560
Speaker 5: And his whole messages. In nineteen ninety there were one

918
00:45:30,640 --> 00:45:34,399
Speaker 5: hundred billionaires. Today there are eight hundred. Are you eight

919
00:45:34,480 --> 00:45:38,200
Speaker 5: times than you were in nineteen ninety? And that's a

920
00:45:38,320 --> 00:45:43,480
Speaker 5: message that resonates to a lot of people. So it's

921
00:45:43,480 --> 00:45:47,759
Speaker 5: gonna be very interesting to see which avenue comes back

922
00:45:47,840 --> 00:45:53,880
Speaker 5: to the middle and which avenue stays for the populism movement.

923
00:45:54,280 --> 00:45:56,560
Speaker 5: Because one thing that we didn't talk about for the

924
00:45:56,640 --> 00:46:00,560
Speaker 5: eighteen to thirty year olds is a save act. You know,

925
00:46:01,440 --> 00:46:04,160
Speaker 5: we haven't and I'm gonna say we Basically, if you're

926
00:46:04,200 --> 00:46:07,640
Speaker 5: forty and under, you haven't made student en payment since COVID,

927
00:46:08,320 --> 00:46:13,560
Speaker 5: what's gonna happen when those bills are due? And that's

928
00:46:13,600 --> 00:46:17,560
Speaker 5: gonna hurt Trump's numbers even more so for the Dems.

929
00:46:18,480 --> 00:46:21,840
Speaker 5: You know, it's so similar to twenty sixteen. You know,

930
00:46:21,960 --> 00:46:24,560
Speaker 5: they just had a complete bottom out. And there's two

931
00:46:24,640 --> 00:46:27,399
Speaker 5: avenues you can do. You can do what they did

932
00:46:27,440 --> 00:46:31,759
Speaker 5: after the Reagan Bush era, moved to the center, you know,

933
00:46:31,880 --> 00:46:36,120
Speaker 5: a Bill Clinton new type of Democrat, or you do

934
00:46:36,360 --> 00:46:39,920
Speaker 5: the other which is the AOC, the Bernie Sanders, and

935
00:46:40,120 --> 00:46:45,160
Speaker 5: you go far left. So we'll have to wait and

936
00:46:45,239 --> 00:46:45,480
Speaker 5: see it.

937
00:46:46,480 --> 00:46:50,680
Speaker 2: He is a Kevin Burton polster and political strategist with

938
00:46:51,040 --> 00:46:54,040
Speaker 2: Crosstown Consulting that's right over the river in Kentucky. You're

939
00:46:54,080 --> 00:46:57,719
Speaker 2: talking about what's happening with these new poles that are

940
00:46:57,760 --> 00:46:59,880
Speaker 2: coming out. The DEM's in a lot of trouble right now,

941
00:47:00,440 --> 00:47:01,839
Speaker 2: way underwater and a lot of area is the only

942
00:47:01,840 --> 00:47:03,560
Speaker 2: one is healthcare that they're above water and that we

943
00:47:03,640 --> 00:47:05,960
Speaker 2: care about, and that is what is driving the government

944
00:47:05,960 --> 00:47:08,040
Speaker 2: shutdown right now because they can plan a flag and

945
00:47:08,040 --> 00:47:10,200
Speaker 2: build around It's about politics, of course. It's not about

946
00:47:10,440 --> 00:47:12,640
Speaker 2: trying to get insurance to people. It's not about trying

947
00:47:12,680 --> 00:47:14,839
Speaker 2: to protect people. It's more of the same. We're gonna

948
00:47:14,840 --> 00:47:17,080
Speaker 2: spend more money to try and win an election. And

949
00:47:17,280 --> 00:47:19,480
Speaker 2: by the way, we're over thirty seven trillion dollars in debt.

950
00:47:19,520 --> 00:47:21,440
Speaker 2: Now it's another trillion and a half to keep things

951
00:47:21,960 --> 00:47:24,280
Speaker 2: going for seven weeks, so we can do this exercise

952
00:47:24,320 --> 00:47:26,640
Speaker 2: all over again. And this is setting up, of course,

953
00:47:26,680 --> 00:47:28,560
Speaker 2: what's going to happen in twenty twenty eight, which feels

954
00:47:28,640 --> 00:47:31,680
Speaker 2: light years away, but it's really not. Republicans seem to

955
00:47:31,719 --> 00:47:33,600
Speaker 2: have it. Sodo put jad Vance as the front runner,

956
00:47:33,600 --> 00:47:36,640
Speaker 2: but that could all change because there's a anti populist

957
00:47:36,680 --> 00:47:38,800
Speaker 2: movement going on. Ted Cruz is trying to bring the

958
00:47:38,880 --> 00:47:41,160
Speaker 2: neo cons back to relevancy, and we'll see what happens

959
00:47:41,200 --> 00:47:43,440
Speaker 2: over the next couple of years if they can actually

960
00:47:43,480 --> 00:47:45,560
Speaker 2: pull that one out. But you know, you talk about

961
00:47:45,600 --> 00:47:47,239
Speaker 2: left wing populism, and I think for a lot of

962
00:47:47,280 --> 00:47:49,640
Speaker 2: people listening, it seems like it's, you know, that's just

963
00:47:49,719 --> 00:47:52,239
Speaker 2: socialism as what it is, not not really, So what

964
00:47:52,400 --> 00:47:54,080
Speaker 2: is a We know what a right wing populist is,

965
00:47:54,160 --> 00:47:56,040
Speaker 2: it's Donald Trump. What's a left wing populist?

966
00:47:58,840 --> 00:48:01,080
Speaker 5: Well that's a good question, And I mean, what's what

967
00:48:01,320 --> 00:48:06,040
Speaker 5: happens when if if they get elected, how far do

968
00:48:06,120 --> 00:48:08,160
Speaker 5: they have to come back to the middle. You know,

969
00:48:10,080 --> 00:48:13,120
Speaker 5: I would argue that Biden was probably the most progressive

970
00:48:13,160 --> 00:48:16,960
Speaker 5: president since LBJ, and so I would I would think

971
00:48:17,040 --> 00:48:21,680
Speaker 5: that a populous president, you know, an AOC or a

972
00:48:21,760 --> 00:48:24,520
Speaker 5: Bernie Sanders type, it's going to be even It's gonna

973
00:48:24,520 --> 00:48:29,360
Speaker 5: be very similar to the probably FDR's Great Society, you know,

974
00:48:29,440 --> 00:48:33,960
Speaker 5: the New Deal or not New Deal LBJ.

975
00:48:34,880 --> 00:48:35,040
Speaker 4: You know.

976
00:48:35,320 --> 00:48:39,560
Speaker 5: So I think it's stuff, Yeah, because I think they

977
00:48:39,640 --> 00:48:43,760
Speaker 5: need to get back to basically kitchen cabinet issues, which frankly,

978
00:48:44,520 --> 00:48:47,680
Speaker 5: they've gotten so far in the weeds. Listen, we get

979
00:48:47,719 --> 00:48:49,520
Speaker 5: it that you don't like Trump. A lot of people

980
00:48:49,560 --> 00:48:52,440
Speaker 5: don't like Trump, but Trump at least has a message

981
00:48:52,880 --> 00:48:55,719
Speaker 5: that people knows where he stands. The Democrats have just

982
00:48:55,840 --> 00:48:59,719
Speaker 5: been in such you know, disarray for people who like

983
00:49:00,360 --> 00:49:02,800
Speaker 5: he's been like they're fanos, like he just has wiped

984
00:49:02,840 --> 00:49:05,839
Speaker 5: them out and they have no idea how to come

985
00:49:05,920 --> 00:49:10,320
Speaker 5: back to it, and how disorganized they are. You're leaving

986
00:49:10,360 --> 00:49:16,080
Speaker 5: an avenue for that populism movement, very similar to twenty sixteen,

987
00:49:16,160 --> 00:49:20,360
Speaker 5: when you know, you had everyone running for president and

988
00:49:20,440 --> 00:49:23,600
Speaker 5: then you had this one business TV star who just

989
00:49:23,760 --> 00:49:28,160
Speaker 5: had that avenue to the plurality, and it could very

990
00:49:28,200 --> 00:49:30,160
Speaker 5: well happen on the left of time.

991
00:49:30,920 --> 00:49:34,919
Speaker 2: I think The outlier here though, is the demographic shift

992
00:49:34,960 --> 00:49:37,800
Speaker 2: in America. Of course, that line is always moving Kevin Burton,

993
00:49:37,880 --> 00:49:41,560
Speaker 2: and it's always lear In the next election, we're going

994
00:49:41,640 --> 00:49:43,239
Speaker 2: to be a lot greyer, We're going to be a

995
00:49:43,280 --> 00:49:46,880
Speaker 2: lot more diverse. That means that the younger vote is

996
00:49:46,880 --> 00:49:48,279
Speaker 2: going to have a lot more power. And what does

997
00:49:48,320 --> 00:49:50,120
Speaker 2: said that mean for the GOP? What does that mean

998
00:49:50,160 --> 00:49:50,839
Speaker 2: for Republicans?

999
00:49:51,640 --> 00:49:56,560
Speaker 5: Well, so you know, Democrats were banking on that whole

1000
00:49:56,719 --> 00:50:02,400
Speaker 5: series since twenty sixteen. But don't have a good candidate,

1001
00:50:03,320 --> 00:50:07,760
Speaker 5: you still can lose, you know, And like the Hispanic

1002
00:50:07,880 --> 00:50:11,920
Speaker 5: vote is not one and the same. They have different beliefs,

1003
00:50:12,080 --> 00:50:16,200
Speaker 5: you know, and that's for everyone, So I get it. Yeah,

1004
00:50:16,560 --> 00:50:19,160
Speaker 5: So the real thing that I would really look at

1005
00:50:19,640 --> 00:50:23,360
Speaker 5: is for Democrats is actually kind of getting harder and

1006
00:50:23,480 --> 00:50:32,520
Speaker 5: harder because Pennsylvania, Michigan, Wisconsin are actually getting redder. And

1007
00:50:32,680 --> 00:50:36,359
Speaker 5: so for them to gain back to two seventy, they

1008
00:50:36,560 --> 00:50:42,279
Speaker 5: have to really see the college educated increase in Georgia, Arizona,

1009
00:50:42,920 --> 00:50:46,759
Speaker 5: North Carolina, and the white whale for Democrats have been

1010
00:50:46,880 --> 00:50:52,160
Speaker 5: for for thirty years of Texas, that's really their avenue

1011
00:50:52,239 --> 00:50:55,520
Speaker 5: because we've seen it in Indiana, We've seen it in Ohio.

1012
00:50:57,239 --> 00:51:00,320
Speaker 5: The Midwest has gone pretty far to the right, and

1013
00:51:00,360 --> 00:51:04,200
Speaker 5: I think you're going to see that continuation. And the

1014
00:51:04,360 --> 00:51:06,320
Speaker 5: three Roust Belt states that always.

1015
00:51:06,080 --> 00:51:10,200
Speaker 2: Decide the election interesting well, a lot going to change

1016
00:51:11,000 --> 00:51:12,920
Speaker 2: day to day, week to week, month to month, and

1017
00:51:12,960 --> 00:51:15,040
Speaker 2: certainly by the time twenty twenty eight rolls around. But

1018
00:51:15,360 --> 00:51:18,040
Speaker 2: it's going to be interesting the population shift and who

1019
00:51:18,160 --> 00:51:20,360
Speaker 2: takes advantage of that. I mean, Trump was brilliant and

1020
00:51:20,400 --> 00:51:24,480
Speaker 2: spotting the young, the young male vote predominantly white men,

1021
00:51:24,560 --> 00:51:26,160
Speaker 2: and he did really well with black men too for

1022
00:51:26,239 --> 00:51:28,680
Speaker 2: that matter. Wonder where that's going to be in twenty

1023
00:51:28,719 --> 00:51:31,560
Speaker 2: twenty eight, and you know, someone who leans to the

1024
00:51:31,640 --> 00:51:35,360
Speaker 2: right certainly. I just think that an opposing party and

1025
00:51:35,400 --> 00:51:39,360
Speaker 2: the Democrats, you have to have a better version of

1026
00:51:39,440 --> 00:51:42,160
Speaker 2: what they've offered now for the last two well maybe

1027
00:51:42,160 --> 00:51:46,640
Speaker 2: even more than two election cycles, simply because it makes

1028
00:51:46,640 --> 00:51:49,040
Speaker 2: the other party stronger. You know, having a weak Democratic

1029
00:51:49,120 --> 00:51:52,560
Speaker 2: party is not good if you have conservative views and beliefs.

1030
00:51:53,040 --> 00:51:56,279
Speaker 2: You have to have someone who's a strong opposition. And

1031
00:51:56,920 --> 00:51:58,640
Speaker 2: who knows, we may see the second coming of Bill

1032
00:51:58,680 --> 00:51:59,439
Speaker 2: Clinton coming along.

1033
00:51:59,480 --> 00:52:04,400
Speaker 5: I don't know, well, And competition is always good and anything,

1034
00:52:04,680 --> 00:52:08,360
Speaker 5: and you know, the Democrats have been basically the Cleveland

1035
00:52:08,440 --> 00:52:13,800
Speaker 5: Browns lately, and everything, everything they do is just Charlie

1036
00:52:13,840 --> 00:52:20,120
Speaker 5: Brown football, you know, and so until they get a

1037
00:52:20,239 --> 00:52:23,759
Speaker 5: unified message, and you know, and that was probably the

1038
00:52:23,880 --> 00:52:26,920
Speaker 5: Kammon of the biggest problem is that she didn't have competition.

1039
00:52:27,320 --> 00:52:32,360
Speaker 5: And competition and primaries sharpens your skills. It lets things

1040
00:52:32,400 --> 00:52:35,120
Speaker 5: out already, you know, to the public, so you can

1041
00:52:35,239 --> 00:52:38,480
Speaker 5: craft those messages that you know how to counter it.

1042
00:52:40,000 --> 00:52:43,919
Speaker 5: So on either side, you want a competitive primary because

1043
00:52:43,920 --> 00:52:46,920
Speaker 5: you want to give the American people a choice, and

1044
00:52:47,120 --> 00:52:49,320
Speaker 5: it sharpens your skills for the candidates.

1045
00:52:49,600 --> 00:52:51,640
Speaker 2: Well, it makes a country better too. I mean, look

1046
00:52:51,680 --> 00:52:54,279
Speaker 2: at look look at how deep Blue Hamlet County is,

1047
00:52:54,400 --> 00:52:56,319
Speaker 2: and look at the leadership and the lack they're off there.

1048
00:52:56,640 --> 00:52:58,200
Speaker 2: You look at the state of Ohio and look at

1049
00:52:58,239 --> 00:53:00,799
Speaker 2: how many things the voters approved in the legislators said,

1050
00:53:00,840 --> 00:53:02,040
Speaker 2: now we're in the majority, we're going to do what

1051
00:53:02,120 --> 00:53:05,239
Speaker 2: we want anyway. That's the problem. He is Kevin Burton,

1052
00:53:05,280 --> 00:53:09,040
Speaker 2: political strategist, Crosstown Consulting in Northern Kentucky. Thanks again, Kevin,

1053
00:53:09,080 --> 00:53:09,880
Speaker 2: great to check in with you.

1054
00:53:10,680 --> 00:53:11,160
Speaker 5: Thanks Scott.

1055
00:53:11,680 --> 00:53:14,120
Speaker 2: And the reason why I think you know, the certainly

1056
00:53:14,160 --> 00:53:17,040
Speaker 2: that they're focusing on healthcare. The one area where Democrats

1057
00:53:17,080 --> 00:53:18,920
Speaker 2: gore ion is and we think about twenty twenty eight.

1058
00:53:19,560 --> 00:53:21,120
Speaker 2: You know that thirty year old who's going to be

1059
00:53:21,719 --> 00:53:25,160
Speaker 2: thirty four years old in the next election, tired of

1060
00:53:25,239 --> 00:53:28,040
Speaker 2: waiting for healthcare to come to them as fear and

1061
00:53:28,120 --> 00:53:30,880
Speaker 2: fear of people become insured, and so you're going to

1062
00:53:30,960 --> 00:53:32,799
Speaker 2: have to That may be the huge issue for twenty

1063
00:53:32,880 --> 00:53:34,560
Speaker 2: twenty eight. We'll see a lot's happens sight now and

1064
00:53:34,600 --> 00:53:36,960
Speaker 2: then run and late. Of course. Scott flown Show continues

1065
00:53:36,960 --> 00:53:44,200
Speaker 2: afternoons on seven hundred WWE. Slooney back on seven hundred WLW.

1066
00:53:44,480 --> 00:53:50,200
Speaker 2: Just said Kevin Burton on with Crosstown Consultants. Hees a

1067
00:53:50,840 --> 00:53:54,560
Speaker 2: political analyst, Polster and the like. A lot of local

1068
00:53:54,600 --> 00:53:56,879
Speaker 2: and regional issues too as well, and the issue about

1069
00:53:56,880 --> 00:53:59,680
Speaker 2: populism fading. But I want to get back to the

1070
00:53:59,719 --> 00:54:02,160
Speaker 2: big story, of course, that everyone's talking about. That'd be

1071
00:54:02,200 --> 00:54:04,719
Speaker 2: the government shutdown. I don't know, you know, it's not

1072
00:54:04,840 --> 00:54:07,279
Speaker 2: fair to say it's the biggest story because I think

1073
00:54:07,360 --> 00:54:13,040
Speaker 2: property taxes affect more people in Ohio and certainly Kentucky, Indiana.

1074
00:54:13,120 --> 00:54:15,640
Speaker 2: We have went. Yeah, those are the pocketbookations that we

1075
00:54:15,680 --> 00:54:17,440
Speaker 2: all feel. But you know the big news store of course,

1076
00:54:17,480 --> 00:54:19,200
Speaker 2: oh the government shut down and they we're so close

1077
00:54:19,280 --> 00:54:21,000
Speaker 2: last night. We need more votes and what can be done?

1078
00:54:21,040 --> 00:54:23,520
Speaker 2: And Kevin is on and pointing out to point it

1079
00:54:23,560 --> 00:54:27,080
Speaker 2: out and agreeing rightly, so is the theater of this

1080
00:54:27,160 --> 00:54:30,840
Speaker 2: whole operation that both sides need this trauma to continue

1081
00:54:30,920 --> 00:54:32,520
Speaker 2: to do what they do, and that is be largely

1082
00:54:32,600 --> 00:54:34,960
Speaker 2: and grossly inefficient and incompetent. I'll get to that in

1083
00:54:35,080 --> 00:54:37,680
Speaker 2: just a second, but pointing out the you know, the

1084
00:54:37,800 --> 00:54:41,400
Speaker 2: infighting with Republicans and you know Trump, and we're getting

1085
00:54:41,440 --> 00:54:43,279
Speaker 2: people are getting burned out with the Trump stuff, and

1086
00:54:43,360 --> 00:54:45,600
Speaker 2: it's just a constant, steady drum beating. The guy does

1087
00:54:45,680 --> 00:54:48,080
Speaker 2: more than six months, and most presidents do in two terms.

1088
00:54:48,520 --> 00:54:50,640
Speaker 2: But there's also a burnout factor, right, there's a real

1089
00:54:50,640 --> 00:54:52,640
Speaker 2: exhaustion factor with us where we just tune it out

1090
00:54:52,640 --> 00:54:55,560
Speaker 2: and don't pay attention as much anymore, and then only

1091
00:54:55,640 --> 00:54:58,040
Speaker 2: when something outrageous is said or done or perceived to

1092
00:54:58,120 --> 00:55:00,680
Speaker 2: be done, then you know, it gets suck backed into

1093
00:55:00,719 --> 00:55:02,799
Speaker 2: the cycle. And so it goes for most average people

1094
00:55:02,880 --> 00:55:05,520
Speaker 2: who don't follow this stuff day to day, and that

1095
00:55:05,640 --> 00:55:07,719
Speaker 2: closely and probably even worse if you do follow this

1096
00:55:07,760 --> 00:55:10,279
Speaker 2: stuff closely, the fact of the matter is Democrats and

1097
00:55:10,760 --> 00:55:12,680
Speaker 2: a lot of trouble because they're underwater and all the

1098
00:55:12,760 --> 00:55:16,080
Speaker 2: important things. You know, for example, the economy. You know,

1099
00:55:16,160 --> 00:55:20,200
Speaker 2: you can criticize, and rightly so, the tariffs, but you know,

1100
00:55:20,280 --> 00:55:22,719
Speaker 2: when you're eleven points under Trump when it comes to

1101
00:55:22,840 --> 00:55:25,200
Speaker 2: how they would handle the economy, that's that's terrible. The

1102
00:55:25,239 --> 00:55:27,759
Speaker 2: only thing they're ahead on is and then I think

1103
00:55:27,800 --> 00:55:29,880
Speaker 2: the only critical thing they're had on is healthcare. And

1104
00:55:30,000 --> 00:55:32,160
Speaker 2: we know the healthcare system in America has broken, long

1105
00:55:32,200 --> 00:55:36,400
Speaker 2: since been broken. It doesn't work for anybody. And of

1106
00:55:36,440 --> 00:55:38,560
Speaker 2: course we on one side wants the government to completely

1107
00:55:38,560 --> 00:55:41,359
Speaker 2: and utterly take it over. And then the other side

1108
00:55:41,480 --> 00:55:43,400
Speaker 2: is like, well, you know, it's then you're going to

1109
00:55:43,480 --> 00:55:45,600
Speaker 2: socialize men. We can have socialists. And even though we

1110
00:55:45,640 --> 00:55:47,360
Speaker 2: you know, we have a lot of socialist policies that

1111
00:55:47,440 --> 00:55:51,320
Speaker 2: Republicans agree with, it's still the perception that socialized medicine's

1112
00:55:51,320 --> 00:55:52,919
Speaker 2: going to destroy things and you're going to take it away,

1113
00:55:52,920 --> 00:55:54,920
Speaker 2: You're going to steal my healthcare. Well, if you're when

1114
00:55:54,920 --> 00:55:58,160
Speaker 2: the dwindling numbers of Americans in healthcare works for for

1115
00:55:58,360 --> 00:56:01,320
Speaker 2: you and you vote, you're going to be strongly against

1116
00:56:01,400 --> 00:56:04,280
Speaker 2: any idea like that. But you know, as younger people

1117
00:56:04,440 --> 00:56:07,279
Speaker 2: get more power at the ballot box and realize the

1118
00:56:07,320 --> 00:56:09,680
Speaker 2: importance of showing up to elections and doing all that,

1119
00:56:09,880 --> 00:56:11,680
Speaker 2: then I think you're gonna see the pendulum swing. What

1120
00:56:11,760 --> 00:56:13,279
Speaker 2: that's going to look like in the future, I don't know.

1121
00:56:13,400 --> 00:56:15,920
Speaker 2: But the fact the matter remains is that the one

1122
00:56:16,040 --> 00:56:18,719
Speaker 2: issue that Democrats score higher on than Republicans or than

1123
00:56:18,719 --> 00:56:21,080
Speaker 2: Trump is I guess in this case would be healthcare,

1124
00:56:21,120 --> 00:56:25,000
Speaker 2: which is exactly why they're holding holding things hostage because

1125
00:56:25,280 --> 00:56:30,080
Speaker 2: I think they knew that Americans and not all Americans,

1126
00:56:30,160 --> 00:56:33,560
Speaker 2: were talking about those who are pull those are surveyed

1127
00:56:33,800 --> 00:56:35,239
Speaker 2: in the polls, right, Because that's what you go with,

1128
00:56:35,719 --> 00:56:38,719
Speaker 2: is that Americans believe that Democrats are better on healthcare. Well,

1129
00:56:38,800 --> 00:56:40,920
Speaker 2: if you frame this soul shutdown about trying to protect

1130
00:56:40,960 --> 00:56:44,200
Speaker 2: your health care, naturally they're going to side with Democrats

1131
00:56:44,239 --> 00:56:45,960
Speaker 2: on that not knowing the facts. So what's going on

1132
00:56:46,320 --> 00:56:50,239
Speaker 2: makes sense human nature and politicians from both sides of

1133
00:56:50,239 --> 00:56:53,360
Speaker 2: the aisle, they make their money by the rest of

1134
00:56:53,440 --> 00:56:57,919
Speaker 2: us being ignorant. I mean, if you look at Obamacare,

1135
00:56:58,160 --> 00:57:03,920
Speaker 2: for as long as it's been around, it's what twenty fourteen. Well,

1136
00:57:03,960 --> 00:57:05,359
Speaker 2: we know it's been a dog, it's been a little

1137
00:57:05,480 --> 00:57:07,800
Speaker 2: it's been a money loser. You know, the prime premiums

1138
00:57:07,880 --> 00:57:10,440
Speaker 2: go up, millions of people lose their health insurance despite

1139
00:57:10,480 --> 00:57:15,359
Speaker 2: the promises they would not, and Americans buying large look

1140
00:57:15,400 --> 00:57:18,280
Speaker 2: at it favorably. And that is because the subsidies keep coming.

1141
00:57:18,320 --> 00:57:20,160
Speaker 2: You know, under Joe Biden, he had to use COVID

1142
00:57:20,200 --> 00:57:22,680
Speaker 2: as a cover to fund more money, take more subsidy

1143
00:57:22,920 --> 00:57:26,120
Speaker 2: to prop a Blabamacare. Well that's long since gone. That's

1144
00:57:26,160 --> 00:57:28,720
Speaker 2: long since gone. And the reality is we're subsidies in

1145
00:57:28,760 --> 00:57:31,840
Speaker 2: the house. So you know, is it affordable. Yeah, but again,

1146
00:57:31,880 --> 00:57:34,360
Speaker 2: if you take our taxpayers from from Trey A and

1147
00:57:34,440 --> 00:57:38,200
Speaker 2: shuffle to Trey C in order to pay for this stuff,

1148
00:57:39,240 --> 00:57:43,240
Speaker 2: it's not really cheap. It's extremely expensive, and fear and

1149
00:57:43,320 --> 00:57:47,000
Speaker 2: fear of people are being insured as results. So I

1150
00:57:47,080 --> 00:57:49,760
Speaker 2: put out the subsidy difference. We'll get into this maybe

1151
00:57:49,800 --> 00:57:51,800
Speaker 2: next hour in this because I think it's just so critical.

1152
00:57:51,880 --> 00:57:53,320
Speaker 2: But the idea here that we're going to shut the

1153
00:57:53,360 --> 00:57:56,880
Speaker 2: government down, I'm Democrats of this. Comings Hey, the one

1154
00:57:57,000 --> 00:57:59,080
Speaker 2: issue that Americans are going to sile and will be healthcare.

1155
00:57:59,120 --> 00:58:01,000
Speaker 2: So it looks like we're trying to save Obamacare safe

1156
00:58:01,040 --> 00:58:04,120
Speaker 2: healthcare and keep twenty two million people from being affected

1157
00:58:04,200 --> 00:58:05,680
Speaker 2: by this. We're going to look like heroes, and so

1158
00:58:05,800 --> 00:58:09,200
Speaker 2: far people are buying it. But you know the other

1159
00:58:09,720 --> 00:58:12,480
Speaker 2: elements here too that we keep missing. And this whole

1160
00:58:12,520 --> 00:58:15,440
Speaker 2: thing is the theater of shutting government down. As I

1161
00:58:15,560 --> 00:58:17,600
Speaker 2: pointed out, it's going to cost us well over a

1162
00:58:17,640 --> 00:58:20,560
Speaker 2: trillion dollars to shut things down, to basically shut this

1163
00:58:20,640 --> 00:58:22,240
Speaker 2: thing down. But it's gonna cost an extra twillion and

1164
00:58:22,280 --> 00:58:27,800
Speaker 2: a half dollars to patch this thing over so we

1165
00:58:27,920 --> 00:58:30,120
Speaker 2: can kick the can down the road to what's seven

1166
00:58:30,200 --> 00:58:33,320
Speaker 2: more weeks? So this would extend things for seven weeks. Okay, great,

1167
00:58:33,360 --> 00:58:35,840
Speaker 2: you get to carry trillions of dollars, more money, more

1168
00:58:35,840 --> 00:58:38,320
Speaker 2: and more money, more subsidy. And what happens is this

1169
00:58:38,480 --> 00:58:42,320
Speaker 2: thing just prolongs the agony to continuing resolution will only

1170
00:58:42,360 --> 00:58:45,160
Speaker 2: go for another seven weeks. So it's costing us more money.

1171
00:58:45,280 --> 00:58:47,280
Speaker 2: We got to borrow more money, We've got to sink

1172
00:58:47,400 --> 00:58:52,280
Speaker 2: further in debt in order to extend the budget for

1173
00:58:52,320 --> 00:58:55,400
Speaker 2: another seven weeks. Why don't we just settle this thing now,

1174
00:58:55,440 --> 00:58:56,600
Speaker 2: Why don't we just get this thing done?

1175
00:58:56,680 --> 00:58:56,840
Speaker 1: Well?

1176
00:58:56,880 --> 00:58:58,640
Speaker 2: We can't do that because we have to hold people

1177
00:58:58,680 --> 00:59:03,480
Speaker 2: hostage any idea. And we hear stories about individuals who

1178
00:59:03,520 --> 00:59:07,600
Speaker 2: work for the government, federal employees who are concerned about

1179
00:59:07,840 --> 00:59:10,160
Speaker 2: whether their next check is coming. What about them? And

1180
00:59:10,240 --> 00:59:11,840
Speaker 2: there's numbers of them that have to show up to

1181
00:59:11,880 --> 00:59:13,919
Speaker 2: work and not get paid. At some point, you will,

1182
00:59:14,080 --> 00:59:16,160
Speaker 2: you'll be made whole. It always happens, and it may

1183
00:59:16,200 --> 00:59:18,040
Speaker 2: be a week, at maybe two and maybe a month.

1184
00:59:18,880 --> 00:59:22,000
Speaker 2: And unfortunately, because of the economics of life, is that

1185
00:59:22,160 --> 00:59:24,880
Speaker 2: a lot of people don't have that kind of money

1186
00:59:24,880 --> 00:59:27,560
Speaker 2: in reserve. And unlesson as well, you should have that. Yeah,

1187
00:59:27,560 --> 00:59:29,040
Speaker 2: I mean it's easy to say that if you're not

1188
00:59:29,160 --> 00:59:31,680
Speaker 2: in a good position, but most people don't. And that's

1189
00:59:31,680 --> 00:59:33,600
Speaker 2: the reality of So who gets hurt in this Some

1190
00:59:33,720 --> 00:59:36,360
Speaker 2: federal employees. But yeah, if you can tough it out

1191
00:59:36,360 --> 00:59:38,360
Speaker 2: for another week or so, it'll probably come to a conclusion.

1192
00:59:39,120 --> 00:59:41,120
Speaker 2: The fact the matter remains, as I put us before,

1193
00:59:41,240 --> 00:59:44,120
Speaker 2: to put this all in perspective, that only about eight

1194
00:59:44,200 --> 00:59:47,919
Speaker 2: percent of the federal budget is currently not funded because

1195
00:59:47,960 --> 00:59:50,600
Speaker 2: of the shutdown. Those are this will be the non

1196
00:59:50,720 --> 00:59:55,680
Speaker 2: essential departments. It's only eight percent. The other ninety two

1197
00:59:55,720 --> 00:59:58,160
Speaker 2: percent of government seems to be essential. And whether it's

1198
00:59:58,160 --> 01:00:02,480
Speaker 2: a Democrat or Republican a shutting thing down, they still

1199
01:00:02,520 --> 01:00:05,800
Speaker 2: agree that ninety two percent of government, ninety two percent

1200
01:00:06,000 --> 01:00:10,760
Speaker 2: is essential. So I'll put it back to my Republican friends,

1201
01:00:11,440 --> 01:00:17,400
Speaker 2: my MAGA friends, my Dozehrens. Sounds kind of phony to say, hey,

1202
01:00:17,400 --> 01:00:20,520
Speaker 2: we're going to shut government down and only non essential

1203
01:00:20,560 --> 01:00:23,800
Speaker 2: people are going to get furlized. So ninety two percent

1204
01:00:23,840 --> 01:00:26,840
Speaker 2: of government's essential. That kind of undermines everything you're about.

1205
01:00:28,720 --> 01:00:31,840
Speaker 2: And the essential parts would be defense, it'd be veterans, affairs,

1206
01:00:31,960 --> 01:00:35,200
Speaker 2: and health and human services, and education and labor and energy,

1207
01:00:35,240 --> 01:00:39,200
Speaker 2: and air traffic controllers and TRENT to the TSA and customs,

1208
01:00:39,240 --> 01:00:40,440
Speaker 2: and that sounds like a lot.

1209
01:00:41,760 --> 01:00:41,880
Speaker 4: You know.

1210
01:00:41,960 --> 01:00:43,760
Speaker 2: It's interesting too. I think about twenty five percent of

1211
01:00:43,760 --> 01:00:45,960
Speaker 2: the FAA is affected by this, which should cause just

1212
01:00:46,120 --> 01:00:49,800
Speaker 2: enough disruption for someone to notice we have a and

1213
01:00:49,920 --> 01:00:51,920
Speaker 2: on that point, you know, just enough to be uncomfortable.

1214
01:00:52,120 --> 01:00:53,960
Speaker 2: I just saw a story pop up on Fox News

1215
01:00:54,000 --> 01:00:56,200
Speaker 2: here as I was talking about this, actually right before

1216
01:00:56,200 --> 01:00:59,920
Speaker 2: I was talking about this, there's an airport in California, Burbank, California,

1217
01:01:00,880 --> 01:01:05,200
Speaker 2: where no, they had absolutely no air traffic controls on

1218
01:01:05,240 --> 01:01:07,000
Speaker 2: the job. I don't know how big a field Burbank is.

1219
01:01:07,040 --> 01:01:08,800
Speaker 2: I mean, we know Burbank because of you know TV

1220
01:01:08,960 --> 01:01:12,200
Speaker 2: and like Burbank, California. But I don't know how big

1221
01:01:12,280 --> 01:01:15,040
Speaker 2: a field that is. But it's just you know, it's again,

1222
01:01:15,080 --> 01:01:16,480
Speaker 2: it's just enough to scare you go, oh my god,

1223
01:01:16,520 --> 01:01:17,920
Speaker 2: they don't have air traffic control to show up to

1224
01:01:17,920 --> 01:01:20,560
Speaker 2: the airports. Oh it's Burbank, California. You know the majority

1225
01:01:20,560 --> 01:01:22,440
Speaker 2: of the airfields. And I'm not talking about airports like

1226
01:01:22,560 --> 01:01:25,400
Speaker 2: CVG and Dayton and Indianapolis and Columbus and the light

1227
01:01:25,480 --> 01:01:28,560
Speaker 2: and I'm talking about your fields like you Oh hey,

1228
01:01:28,600 --> 01:01:31,600
Speaker 2: there's you know, general aviation out there, there's somebody in there.

1229
01:01:31,800 --> 01:01:34,000
Speaker 2: Most of those. Most of those aren't aren't. There's no

1230
01:01:34,040 --> 01:01:37,760
Speaker 2: one there most of the time. It's all like remote

1231
01:01:37,760 --> 01:01:40,040
Speaker 2: You could trigger the lights to come out automatically, basically

1232
01:01:40,040 --> 01:01:43,120
Speaker 2: if you're flying a plane at night. The bigger ones

1233
01:01:43,160 --> 01:01:46,880
Speaker 2: with passenger assure a different story. But okay, so they

1234
01:01:46,920 --> 01:01:49,280
Speaker 2: don't have air traffic control. Sturt in a couple hours

1235
01:01:49,320 --> 01:01:52,480
Speaker 2: in Burbank. And so again it's that just enough to

1236
01:01:52,600 --> 01:01:54,960
Speaker 2: cause you to notice, to make a headline. Hey, you're

1237
01:01:54,960 --> 01:01:56,600
Speaker 2: still gonna get your student loan, you're gonna get your

1238
01:01:56,600 --> 01:01:59,439
Speaker 2: Social Security, you're gonna get your your subscription for where,

1239
01:01:59,480 --> 01:02:01,600
Speaker 2: your prescription and for whatever, and your subscription to your

1240
01:02:01,600 --> 01:02:06,080
Speaker 2: prescription for plavix or whatever the hell it is. It's

1241
01:02:06,160 --> 01:02:08,360
Speaker 2: kind of you know, I don't know. The Constitution says, hey,

1242
01:02:08,400 --> 01:02:10,840
Speaker 2: you know, we have to pay our congress people, our senators.

1243
01:02:10,840 --> 01:02:12,840
Speaker 2: They're going to make X amount. That's that's written in

1244
01:02:12,880 --> 01:02:15,240
Speaker 2: the concourse, that's written in the constitution. Can't change that.

1245
01:02:16,000 --> 01:02:18,120
Speaker 2: But you have so long ago, if you know, if

1246
01:02:18,160 --> 01:02:23,600
Speaker 2: you stop their healthcare benefits, their benefits, their entitlements, you

1247
01:02:23,680 --> 01:02:25,640
Speaker 2: wonder how many times they shut the government down. I'm

1248
01:02:25,720 --> 01:02:28,040
Speaker 2: just saying. I'm not saying. I'm just saying, like, of

1249
01:02:28,080 --> 01:02:31,800
Speaker 2: of a sudden, people in the executive people, the legislative branch,

1250
01:02:32,040 --> 01:02:34,120
Speaker 2: they wait to hold on, hold on, just so I

1251
01:02:34,200 --> 01:02:35,720
Speaker 2: can't go to the I think I was supposed to

1252
01:02:35,760 --> 01:02:37,480
Speaker 2: have a teeth cleaning. I got to I got my

1253
01:02:37,560 --> 01:02:39,520
Speaker 2: teeth cleaning. Later to say, you mean I can't I

1254
01:02:39,560 --> 01:02:41,160
Speaker 2: got to pay for that, my oh no, no, no, no,

1255
01:02:41,280 --> 01:02:44,360
Speaker 2: no no. It could be a entirely different story if

1256
01:02:44,400 --> 01:02:47,640
Speaker 2: they were affected by this in some degree. But you know,

1257
01:02:47,920 --> 01:02:50,480
Speaker 2: a lot of this is protected by the Constitution and

1258
01:02:50,600 --> 01:02:52,280
Speaker 2: all on all. The bottom line is this is nothing.

1259
01:02:52,320 --> 01:02:53,320
Speaker 2: It's a temper tantrums.

1260
01:02:53,360 --> 01:02:53,720
Speaker 1: What it is.

1261
01:02:54,160 --> 01:02:57,800
Speaker 2: We wound our outrage for our cause, not outrage at

1262
01:02:57,840 --> 01:03:01,120
Speaker 2: the system that encourages it. Now, if you really want

1263
01:03:01,160 --> 01:03:03,000
Speaker 2: to feel the pain, you know the other this is

1264
01:03:03,040 --> 01:03:05,960
Speaker 2: cutting off their benefits. But if you started monkeying with

1265
01:03:06,120 --> 01:03:10,120
Speaker 2: under a Medicare and social security, now all of a sudden,

1266
01:03:10,160 --> 01:03:11,880
Speaker 2: people are gonna be angry. We can't have that. We

1267
01:03:12,000 --> 01:03:13,960
Speaker 2: want you sort of like, oh my god, government shut down.

1268
01:03:13,960 --> 01:03:15,680
Speaker 2: How does it affect me? Well, we're not quite sure.

1269
01:03:15,840 --> 01:03:19,080
Speaker 2: You're absolutely sure. It's most Americans, most people, almost all people.

1270
01:03:19,080 --> 01:03:21,640
Speaker 2: It's not gonna affect you at all. Okay, So there's

1271
01:03:21,640 --> 01:03:23,560
Speaker 2: a national park that's closed. Well, the grass is getting

1272
01:03:23,560 --> 01:03:26,720
Speaker 2: pretty high around here. That's about it, you know, that's

1273
01:03:26,720 --> 01:03:30,080
Speaker 2: why they close the non essential what's the parks, museums.

1274
01:03:30,360 --> 01:03:34,320
Speaker 2: It's a good visual. The illustration is, I don't know.

1275
01:03:34,320 --> 01:03:35,680
Speaker 2: I show up to a place and I've got to

1276
01:03:35,720 --> 01:03:37,800
Speaker 2: I know, I have business with them. I look and man,

1277
01:03:37,840 --> 01:03:40,520
Speaker 2: there's nobody. The receptions are receptionists. There's no one in

1278
01:03:40,800 --> 01:03:42,400
Speaker 2: the lights are off it. But I see people in

1279
01:03:42,440 --> 01:03:45,160
Speaker 2: the background. It's kind of like the same thing, like

1280
01:03:45,240 --> 01:03:48,040
Speaker 2: the receptionist has the day off, the receptionist desk is

1281
01:03:48,120 --> 01:03:50,680
Speaker 2: closed and the lights are off, but everyone else behind

1282
01:03:50,720 --> 01:03:54,760
Speaker 2: the scenes like that's they're still doing stuff.

1283
01:03:54,840 --> 01:03:55,360
Speaker 3: I'd mean, like.

1284
01:03:56,880 --> 01:03:59,760
Speaker 2: I walk in and Ronald McDonald is laid off, he's furloughed.

1285
01:04:00,200 --> 01:04:02,600
Speaker 2: They're still making burgers though, oh yeah, yeah, we're still

1286
01:04:03,080 --> 01:04:06,440
Speaker 2: We're still making burgers. But the clown, the clown's furloughed.

1287
01:04:07,000 --> 01:04:12,600
Speaker 2: Oh okay, got it. Basically what this is and it's

1288
01:04:12,640 --> 01:04:15,960
Speaker 2: a shutdown, is simply that is that like democrats are going, Look,

1289
01:04:16,640 --> 01:04:18,600
Speaker 2: the only issue we got right now is healthcare. The

1290
01:04:18,680 --> 01:04:20,640
Speaker 2: only one that people trust us on is toing. And

1291
01:04:21,200 --> 01:04:23,800
Speaker 2: our plan is really to take piles of money, more

1292
01:04:23,880 --> 01:04:26,120
Speaker 2: money than is needed, and subsidize it from Pile A

1293
01:04:26,520 --> 01:04:29,080
Speaker 2: and move it over to Pile B or C. And

1294
01:04:29,200 --> 01:04:31,960
Speaker 2: it makes it look like like health insurance is affordable

1295
01:04:32,040 --> 01:04:35,320
Speaker 2: for folks. And I granted people in my family like this.

1296
01:04:35,480 --> 01:04:38,120
Speaker 2: If you don't have health care and you need healthcare,

1297
01:04:38,160 --> 01:04:41,160
Speaker 2: which we all do, you don't care where the money's

1298
01:04:41,200 --> 01:04:43,400
Speaker 2: coming from. You don't care that it's bankrupting a marria.

1299
01:04:43,440 --> 01:04:46,480
Speaker 2: You don't care about that because you need to get

1300
01:04:46,520 --> 01:04:48,160
Speaker 2: your kid at the doctor. You need the office, is

1301
01:04:48,200 --> 01:04:50,360
Speaker 2: it or maybe someone in your family sick. God forbid.

1302
01:04:51,520 --> 01:04:54,000
Speaker 2: We shouldn't vilify people for that. The people are on it,

1303
01:04:55,240 --> 01:04:58,560
Speaker 2: like we need healthcare. And we know that in America

1304
01:04:58,720 --> 01:05:00,640
Speaker 2: unless you work for a big, big comp I mean,

1305
01:05:00,680 --> 01:05:02,600
Speaker 2: I'm fortune. I work for a big company right now

1306
01:05:04,240 --> 01:05:08,720
Speaker 2: and they have great health insurance. But most businesses, and

1307
01:05:08,960 --> 01:05:12,200
Speaker 2: we're talking to the engine drives America, the economy is

1308
01:05:12,280 --> 01:05:14,960
Speaker 2: small business. So people who employ one hundred and ninety

1309
01:05:15,000 --> 01:05:18,880
Speaker 2: nine folks or less. We've seen over the decades and

1310
01:05:19,000 --> 01:05:20,360
Speaker 2: over the last few years, for that man, a lot

1311
01:05:20,400 --> 01:05:22,200
Speaker 2: of number has been dwindling. I might spell a fall

1312
01:05:22,400 --> 01:05:25,200
Speaker 2: like a rock, the number of small businesses that can

1313
01:05:25,240 --> 01:05:29,040
Speaker 2: afford healthcare insurance. And so at some point you think

1314
01:05:29,080 --> 01:05:31,200
Speaker 2: it's all going to tip in the balance, it's going

1315
01:05:31,240 --> 01:05:33,080
Speaker 2: to go the other way where we have younger voters,

1316
01:05:33,360 --> 01:05:35,120
Speaker 2: as we talked about Kevin, who are going to be

1317
01:05:35,160 --> 01:05:40,320
Speaker 2: more impactfully. You know, with each following election, older Americans

1318
01:05:40,320 --> 01:05:43,040
Speaker 2: have become less relevant. We age out, and we start

1319
01:05:43,120 --> 01:05:44,920
Speaker 2: to notice that around the time you start to get

1320
01:05:44,960 --> 01:05:47,120
Speaker 2: the AARP things and the mailbox are going a wait,

1321
01:05:47,160 --> 01:05:49,400
Speaker 2: a minute I'm thirty five, I'm forty years old, They're

1322
01:05:49,400 --> 01:05:51,720
Speaker 2: send me AARP stuff. Yeah, you're starting to get on

1323
01:05:51,760 --> 01:05:54,600
Speaker 2: the radar, man. And if you've ever turned on any

1324
01:05:54,840 --> 01:05:56,880
Speaker 2: on a traditional streaming or TV as we used to

1325
01:05:56,920 --> 01:05:58,280
Speaker 2: call it back in the day, turnt show, I don't

1326
01:05:58,360 --> 01:06:01,160
Speaker 2: understand any of this, I don't understand it. Or you

1327
01:06:01,280 --> 01:06:04,080
Speaker 2: turn on I don't know a music. I don't understand.

1328
01:06:04,160 --> 01:06:05,800
Speaker 2: I don't know who the music is. You're not supposed to.

1329
01:06:05,840 --> 01:06:09,520
Speaker 2: It's built for an entirely different generation. But the closer

1330
01:06:09,560 --> 01:06:12,920
Speaker 2: you get to sixty five and eventually beyond from a

1331
01:06:13,000 --> 01:06:15,720
Speaker 2: political standpoint, from a marketing standpoint, the less relevant we

1332
01:06:15,800 --> 01:06:19,080
Speaker 2: have Each day we age past the age of well

1333
01:06:19,160 --> 01:06:22,120
Speaker 2: up until about fifty to fifty four years old. After

1334
01:06:22,200 --> 01:06:24,000
Speaker 2: that we become more and more irrelevant. That's just the

1335
01:06:24,040 --> 01:06:28,200
Speaker 2: way it has always been that way, myself included. Now,

1336
01:06:28,280 --> 01:06:30,400
Speaker 2: you do have some sway politically when it comes to

1337
01:06:30,520 --> 01:06:33,160
Speaker 2: showing up to vote, because generally older you are, the

1338
01:06:33,280 --> 01:06:35,520
Speaker 2: more skin you have in the game, the more you're

1339
01:06:35,560 --> 01:06:37,400
Speaker 2: paying attention, and the more time you have for that

1340
01:06:37,520 --> 01:06:39,479
Speaker 2: matter to be out and be active and go vote.

1341
01:06:41,800 --> 01:06:45,760
Speaker 2: But you know, as we start to die off, as

1342
01:06:45,840 --> 01:06:47,480
Speaker 2: baby movers are sposal to start to die off. That

1343
01:06:47,560 --> 01:06:50,040
Speaker 2: means a younger generation that is going to be millennials

1344
01:06:50,080 --> 01:06:52,600
Speaker 2: and gen zers now are voting, and it's going to change.

1345
01:06:52,640 --> 01:06:54,320
Speaker 2: I think at some point in our lifetime, at least

1346
01:06:54,320 --> 01:06:57,720
Speaker 2: in my lifetime, we're going to see medicine become more socialized.

1347
01:06:57,840 --> 01:07:00,280
Speaker 2: Like eventually, it's going to have to change because no

1348
01:07:00,320 --> 01:07:03,320
Speaker 2: one wants it. Like right, it's a pain in the

1349
01:07:03,360 --> 01:07:05,960
Speaker 2: butt to use. If you're an employer, you spend a

1350
01:07:06,080 --> 01:07:10,040
Speaker 2: ton of money and effort. Every well Benefits season's about

1351
01:07:10,040 --> 01:07:11,360
Speaker 2: to kick off, and where they do. They kick the

1352
01:07:11,400 --> 01:07:13,200
Speaker 2: tires on the plan, going how can we save money?

1353
01:07:13,440 --> 01:07:15,880
Speaker 2: Should we jump from should we be blue cross and

1354
01:07:15,920 --> 01:07:18,640
Speaker 2: blue shiels? Should we go to university to unc? Should

1355
01:07:18,640 --> 01:07:20,760
Speaker 2: we go? You know, and you start looking for alternatives

1356
01:07:20,800 --> 01:07:23,600
Speaker 2: there simply because you're trying to keep the rates to

1357
01:07:23,720 --> 01:07:26,000
Speaker 2: the cost down. It costs too much money and the

1358
01:07:26,080 --> 01:07:28,360
Speaker 2: cost of compliance is too much. A doctor's office, you

1359
01:07:28,440 --> 01:07:30,680
Speaker 2: go in there and there's seven people behind the desk.

1360
01:07:30,800 --> 01:07:32,640
Speaker 2: One of them have anything to do with your healthcare.

1361
01:07:32,680 --> 01:07:35,760
Speaker 2: The rest are you know, trying to figure out medical billing,

1362
01:07:35,840 --> 01:07:38,720
Speaker 2: coding and things like that. The whole industry is propped

1363
01:07:38,760 --> 01:07:40,360
Speaker 2: up that way, kind of like taxes are, right, you

1364
01:07:40,400 --> 01:07:42,920
Speaker 2: can need an army of accountants. The more money you

1365
01:07:43,000 --> 01:07:44,880
Speaker 2: make to figure out what the hell, how the hell

1366
01:07:44,920 --> 01:07:46,400
Speaker 2: I'm going to pay ten and what all this means?

1367
01:07:46,640 --> 01:07:48,560
Speaker 2: I can't figure it out myself and then make it

1368
01:07:48,640 --> 01:07:51,600
Speaker 2: complicated on purpose. It's the bureaucracy, and it's the red

1369
01:07:51,680 --> 01:07:55,760
Speaker 2: tape that keeps some of these folks employed. So businesses

1370
01:07:55,800 --> 01:07:57,760
Speaker 2: don't want that. The only one people want it would

1371
01:07:57,800 --> 01:08:01,640
Speaker 2: be the insurance companies and government. And this is the issue.

1372
01:08:02,560 --> 01:08:05,720
Speaker 2: So anyway, government continues to shut down. And if you

1373
01:08:05,760 --> 01:08:07,120
Speaker 2: don't believe me on any of this stuff, all you

1374
01:08:07,200 --> 01:08:09,200
Speaker 2: have to do is look at the markets. When this

1375
01:08:09,280 --> 01:08:10,840
Speaker 2: thing first broke, I said, I get you. You got

1376
01:08:10,920 --> 01:08:12,560
Speaker 2: to look at it, and really markets haven't changed all

1377
01:08:12,600 --> 01:08:15,120
Speaker 2: the much. We'll have Andy Schaeffer from all Worth Financial

1378
01:08:15,160 --> 01:08:16,760
Speaker 2: on about eleven thirty five. We'll talk about this a

1379
01:08:16,760 --> 01:08:19,840
Speaker 2: little bit more, because Wall Wall Street has baked this

1380
01:08:19,880 --> 01:08:21,840
Speaker 2: in already, going, yeah, we shut the government down what

1381
01:08:21,960 --> 01:08:25,280
Speaker 2: every ten minutes on the tens and if it goes

1382
01:08:25,360 --> 01:08:27,680
Speaker 2: more than you know, a month, then we start to

1383
01:08:27,720 --> 01:08:30,519
Speaker 2: pay attention because it's going to start to affect things

1384
01:08:30,600 --> 01:08:32,280
Speaker 2: but we're a long way away from that right now.

1385
01:08:33,000 --> 01:08:36,479
Speaker 2: Just remember eight percent, all of this shutdown business, all

1386
01:08:36,520 --> 01:08:39,760
Speaker 2: of the theatrics, all of the theater, it's all over

1387
01:08:39,880 --> 01:08:41,040
Speaker 2: eight percent of the government.

1388
01:08:41,439 --> 01:08:42,120
Speaker 3: That's all it is.

1389
01:08:42,560 --> 01:08:44,560
Speaker 2: Anyway, Let's get a news update in and more to

1390
01:08:44,640 --> 01:08:47,759
Speaker 2: follow at eleven oh seven. On that note, Demian Brady's

1391
01:08:47,760 --> 01:08:50,560
Speaker 2: here from the National Taxpayers Union. Who really wins the

1392
01:08:50,600 --> 01:08:54,400
Speaker 2: government shutdown? We'll talk about that next on seven hundred WLWT, Cincinnati.

1393
01:08:54,560 --> 01:08:58,840
Speaker 3: My keyword on our website shaty. That's shack You enter.

1394
01:08:58,760 --> 01:09:04,680
Speaker 4: It now, american'slny backtown seven hundred Wowan.

1395
01:09:04,680 --> 01:09:07,679
Speaker 2: We're almost into the second full week tomorrow, the first

1396
01:09:08,040 --> 01:09:12,519
Speaker 2: quite the second full week of shutdown theater despite talks yesterday.

1397
01:09:12,640 --> 01:09:15,559
Speaker 2: Oh we're so close, are you? Dems are holding out

1398
01:09:15,560 --> 01:09:19,839
Speaker 2: for COVID era tax subsidies for Obamacare and the credits

1399
01:09:20,040 --> 01:09:21,880
Speaker 2: that are scheduled to expire at the end of this year.

1400
01:09:23,000 --> 01:09:25,360
Speaker 2: Do you know where that money goes if it's successful?

1401
01:09:25,400 --> 01:09:27,880
Speaker 2: You know who is going to benefit the most if

1402
01:09:27,920 --> 01:09:30,320
Speaker 2: the Democrats get their way. Damian Brady is here with

1403
01:09:30,400 --> 01:09:34,280
Speaker 2: the National Taxpayers Union, which is an adevacy group for

1404
01:09:34,680 --> 01:09:37,080
Speaker 2: national taxpayers, which is all of Us Damian, welcome back.

1405
01:09:37,080 --> 01:09:37,400
Speaker 5: How are you.

1406
01:09:38,600 --> 01:09:39,160
Speaker 6: I'm doing well?

1407
01:09:39,240 --> 01:09:39,439
Speaker 2: Thanks?

1408
01:09:39,479 --> 01:09:39,800
Speaker 3: How were you?

1409
01:09:39,960 --> 01:09:43,160
Speaker 2: I'm doing well, although I'm sick to see that the

1410
01:09:43,320 --> 01:09:46,000
Speaker 2: national debt as well well, over thirty seven trillion dollars

1411
01:09:46,320 --> 01:09:50,720
Speaker 2: now and in exchange for about seven weeks of funding. Uh,

1412
01:09:50,840 --> 01:09:53,479
Speaker 2: this is going to cost us about another trillion and

1413
01:09:53,560 --> 01:09:56,920
Speaker 2: a half dollars. So the fiscal malpractice continues, doesn't it.

1414
01:09:57,960 --> 01:09:59,000
Speaker 3: Yeah, I mean here we are.

1415
01:09:59,160 --> 01:10:02,560
Speaker 6: This is the twent the first government shutdown since the

1416
01:10:02,680 --> 01:10:07,360
Speaker 6: modern budget system was set up. You know, it's clearly busted. Uh,

1417
01:10:07,400 --> 01:10:10,840
Speaker 6: it's not working for taxpayers. We have politicians who aren't

1418
01:10:10,920 --> 01:10:15,880
Speaker 6: acting responsibility. There's a simple deal there to continue funding

1419
01:10:16,600 --> 01:10:20,080
Speaker 6: through most of November, and they continue to hammer out

1420
01:10:20,240 --> 01:10:22,760
Speaker 6: the final funding deal for the next fiscal year, which

1421
01:10:22,840 --> 01:10:26,439
Speaker 6: which has already started. And yeah, everything is being held

1422
01:10:26,520 --> 01:10:29,960
Speaker 6: up because the Democrats want to continue this program that

1423
01:10:30,160 --> 01:10:33,480
Speaker 6: was created on a temporary basis and it's super expensive

1424
01:10:33,479 --> 01:10:35,240
Speaker 6: and it should just be allowed to inspire.

1425
01:10:35,520 --> 01:10:37,599
Speaker 2: Yeah, but it's a making it makes health care affordable.

1426
01:10:37,680 --> 01:10:39,479
Speaker 2: Wait a minute, now, this is about getting money for

1427
01:10:39,760 --> 01:10:43,160
Speaker 2: more subsidy. So if you have to subsidize something, it

1428
01:10:43,280 --> 01:10:44,360
Speaker 2: doesn't make it cheaper.

1429
01:10:46,040 --> 01:10:48,840
Speaker 6: No, especially when it's coming out of the taxpayers pocket.

1430
01:10:49,040 --> 01:10:52,920
Speaker 6: And there's lots of problems with with this program. So yeah,

1431
01:10:52,960 --> 01:10:58,040
Speaker 6: So the subsidies are created for Obamacare, which mandated, you know,

1432
01:10:58,160 --> 01:11:01,800
Speaker 6: all these requirements that have to be covered in healthcare policies,

1433
01:11:01,840 --> 01:11:05,800
Speaker 6: and it set up these exchanges within the states. And

1434
01:11:06,200 --> 01:11:09,120
Speaker 6: it's not very it's not very costly. I mean, it's

1435
01:11:09,120 --> 01:11:12,040
Speaker 6: not very cheap. It's very expensive. It requires there's already

1436
01:11:12,040 --> 01:11:15,320
Speaker 6: a subsidy that was created in the original law, so

1437
01:11:15,439 --> 01:11:20,000
Speaker 6: that during the pandemic, while the Democrats had control of

1438
01:11:20,120 --> 01:11:24,120
Speaker 6: the White House, the House of Representatives, and the Senate,

1439
01:11:24,560 --> 01:11:31,000
Speaker 6: they created this special plus up subsidy for the Obamacare subsidies,

1440
01:11:31,040 --> 01:11:34,000
Speaker 6: which went well above the poverty line, made a lot

1441
01:11:34,120 --> 01:11:38,320
Speaker 6: more people eligible for it very expensive, and they created

1442
01:11:38,360 --> 01:11:41,080
Speaker 6: it on a short term basis. Before it was set

1443
01:11:41,120 --> 01:11:44,160
Speaker 6: to expire. They extended it again in the so called

1444
01:11:44,280 --> 01:11:47,560
Speaker 6: Inflation Reduction Act, and it's supposed to expire at the

1445
01:11:47,800 --> 01:11:50,400
Speaker 6: end of this fiscal year, at the end of this

1446
01:11:50,520 --> 01:11:53,400
Speaker 6: calendar year. But yeah, the Democrats want to keep the

1447
01:11:53,439 --> 01:11:57,719
Speaker 6: subsidy going because Obamacare is just not a very good program.

1448
01:11:58,439 --> 01:12:02,320
Speaker 6: It needs all these subsidies. But we shouldn't be embedding

1449
01:12:02,479 --> 01:12:04,840
Speaker 6: all the spending into the budget. We should let these

1450
01:12:04,960 --> 01:12:06,599
Speaker 6: expire and get tax players a break.

1451
01:12:06,840 --> 01:12:09,839
Speaker 2: Yeah, this is this conversation with Demian Brady National Textpayers,

1452
01:12:09,880 --> 01:12:12,160
Speaker 2: and it's not a referendum on our healthcare system. Are

1453
01:12:12,240 --> 01:12:15,799
Speaker 2: our healthcare system is jacked. It's it's it's horrible for everybody.

1454
01:12:16,640 --> 01:12:19,160
Speaker 2: That's not what we're debating. We're talking about holding the

1455
01:12:19,240 --> 01:12:20,800
Speaker 2: government up the costings, some of the trillion and a

1456
01:12:20,800 --> 01:12:23,280
Speaker 2: half dollars to kick the can for another seven weeks

1457
01:12:23,320 --> 01:12:24,719
Speaker 2: so we can do this all over again and shut

1458
01:12:24,760 --> 01:12:27,400
Speaker 2: it down over something else, but largely its healthcare, because

1459
01:12:27,439 --> 01:12:30,240
Speaker 2: that is the one issue that Democrats are above water

1460
01:12:30,400 --> 01:12:32,439
Speaker 2: on and hold like an eleven point lead over Trump

1461
01:12:32,520 --> 01:12:37,080
Speaker 2: on everything else, the economy, defense, you name it, outside

1462
01:12:37,120 --> 01:12:42,040
Speaker 2: of I think the environment, in women's rights, they're underwater on.

1463
01:12:42,720 --> 01:12:45,120
Speaker 2: And if it's the one thing that you can hey, well,

1464
01:12:45,240 --> 01:12:47,800
Speaker 2: Democrats are good on healthcare. Let's let's shine a light

1465
01:12:47,880 --> 01:12:50,320
Speaker 2: on that. Let's make an issue. And this doesn't solve

1466
01:12:50,800 --> 01:12:53,560
Speaker 2: the problem because it's not like the Republicans have a

1467
01:12:53,680 --> 01:12:56,679
Speaker 2: better alternative to what we're doing right now. And that's

1468
01:12:56,800 --> 01:12:59,639
Speaker 2: that's the rub. You know, this is all about subsy

1469
01:12:59,760 --> 01:13:02,479
Speaker 2: So this Obamacare subsidies so it can be affordable for

1470
01:13:02,560 --> 01:13:04,679
Speaker 2: the regular man and woman, which I get. You don't

1471
01:13:04,720 --> 01:13:06,240
Speaker 2: care if you don't have health insurance. You just want

1472
01:13:06,280 --> 01:13:08,320
Speaker 2: someone to pay for it. But the problem is it

1473
01:13:08,360 --> 01:13:11,400
Speaker 2: doesn't work. Let me use an illustration and tell me

1474
01:13:11,439 --> 01:13:13,840
Speaker 2: if I'm right or wrong about this daming. So let's

1475
01:13:13,880 --> 01:13:15,360
Speaker 2: go to colle let's talk about when we all own

1476
01:13:15,400 --> 01:13:17,479
Speaker 2: subsidy of college. Right, and so the government says, hey,

1477
01:13:17,520 --> 01:13:19,560
Speaker 2: everyone goes to college. It's going to be great. And

1478
01:13:19,680 --> 01:13:21,640
Speaker 2: you know, we've got these loans and these programs, and

1479
01:13:21,720 --> 01:13:23,320
Speaker 2: you go to school and whether or not you finish,

1480
01:13:23,360 --> 01:13:24,960
Speaker 2: it doesn't matter. You've still got to pay us back

1481
01:13:24,960 --> 01:13:26,439
Speaker 2: at some point. We're going to get our money back.

1482
01:13:26,680 --> 01:13:28,840
Speaker 2: We're going to subsidize college. We're going to continue to

1483
01:13:28,880 --> 01:13:31,200
Speaker 2: ask for more and more money to make college more affordable.

1484
01:13:31,520 --> 01:13:34,840
Speaker 2: And it seems like the more subsidy you give universities

1485
01:13:35,080 --> 01:13:38,519
Speaker 2: and colleges, the more they raise tuition. It just keeps

1486
01:13:38,560 --> 01:13:40,280
Speaker 2: going up and up, or at least it did anyway.

1487
01:13:41,400 --> 01:13:43,160
Speaker 2: Isn't that what the problem is with healthcare is we

1488
01:13:43,240 --> 01:13:46,479
Speaker 2: continue to subsidize it, and therefore insurers just continue to

1489
01:13:46,479 --> 01:13:48,600
Speaker 2: do well, we'll just we're just going to continue to

1490
01:13:49,240 --> 01:13:51,600
Speaker 2: take more money, make more profit. Is the same Is

1491
01:13:51,640 --> 01:13:52,200
Speaker 2: it the same thing?

1492
01:13:53,240 --> 01:13:56,479
Speaker 6: Pretty much as a vicious spiral. There's no intensives control

1493
01:13:56,560 --> 01:13:59,479
Speaker 6: costs because they know politicians are going to come in

1494
01:13:59,720 --> 01:14:02,920
Speaker 6: and and them buckets of money of taxpayer dollars, so

1495
01:14:03,000 --> 01:14:05,720
Speaker 6: they have no incentive to control their costs. And this

1496
01:14:05,880 --> 01:14:09,280
Speaker 6: is the problem, especially with these Obamacare subsidies, is that

1497
01:14:09,360 --> 01:14:16,400
Speaker 6: they're very complex. There's lots of improper payments. So at

1498
01:14:16,439 --> 01:14:19,280
Speaker 6: the beginning of the year, taxpayer estimates how much they

1499
01:14:19,320 --> 01:14:22,160
Speaker 6: are going to earn that year, and then the payments

1500
01:14:22,200 --> 01:14:25,320
Speaker 6: are set up in advance and they go directly to

1501
01:14:25,400 --> 01:14:29,120
Speaker 6: the healthcare insurance companies in these marketplaces, and then when

1502
01:14:29,120 --> 01:14:31,280
Speaker 6: you pay your taxes, then you have to reconcile it.

1503
01:14:31,680 --> 01:14:33,439
Speaker 6: So a lot of people's incomes turns out to be

1504
01:14:33,920 --> 01:14:36,519
Speaker 6: different than what they estimated, so a lot of that

1505
01:14:36,840 --> 01:14:39,799
Speaker 6: money has to be clawed back, and it's it's very complex.

1506
01:14:39,840 --> 01:14:43,400
Speaker 6: It's a big burden on the government, and it's also

1507
01:14:44,040 --> 01:14:49,040
Speaker 6: a very expensive refundable credit, which means if refundable credits

1508
01:14:49,080 --> 01:14:51,559
Speaker 6: are credits, you can get well above and beyond any

1509
01:14:51,720 --> 01:14:55,120
Speaker 6: tax income tax that you owe. So it's basically just

1510
01:14:55,320 --> 01:14:59,560
Speaker 6: a welfare program run by the Internal Revenue Service, and

1511
01:15:00,040 --> 01:15:02,880
Speaker 6: in this case, the benefits go the payments are going

1512
01:15:02,920 --> 01:15:07,120
Speaker 6: through these healthcare companies. Very costly. They want to make

1513
01:15:07,160 --> 01:15:10,200
Speaker 6: it permanent. It would cost about forty one billion dollars

1514
01:15:10,400 --> 01:15:14,040
Speaker 6: a year for the next decades to do that, and

1515
01:15:14,240 --> 01:15:16,719
Speaker 6: we should just let them expire with a temporary program

1516
01:15:17,320 --> 01:15:20,840
Speaker 6: during an emergency. You know, Democrats had any had every

1517
01:15:20,920 --> 01:15:24,519
Speaker 6: opportunity to make the Superman into program when they first

1518
01:15:24,560 --> 01:15:26,720
Speaker 6: created it or when they extended it again in the

1519
01:15:26,880 --> 01:15:29,600
Speaker 6: Inflation Reduction Act that they knew was expensive. So they

1520
01:15:29,760 --> 01:15:31,519
Speaker 6: try to kick the can down the road so that

1521
01:15:31,600 --> 01:15:33,840
Speaker 6: they can have this debate all over again.

1522
01:15:34,000 --> 01:15:36,680
Speaker 2: Yeah, he's Daman Brady with the National Taxpayers Union. And

1523
01:15:37,040 --> 01:15:40,320
Speaker 2: as the government continues into starting tomorrow, second week of shutdown,

1524
01:15:41,240 --> 01:15:43,240
Speaker 2: Democrats just want a trillion and a half dollars in

1525
01:15:43,320 --> 01:15:46,320
Speaker 2: exchange for a seven week band aid that's going to

1526
01:15:46,400 --> 01:15:48,080
Speaker 2: keep the government open for seven more weeks so they

1527
01:15:48,120 --> 01:15:50,400
Speaker 2: can continue to negotiate and then shut it down probably

1528
01:15:50,479 --> 01:15:52,680
Speaker 2: seven weeks. This is going to add another trillion and

1529
01:15:52,680 --> 01:15:54,679
Speaker 2: a half dollars. This is about healthcare, it's about more

1530
01:15:54,760 --> 01:15:59,560
Speaker 2: subsidies for Obama era healthcare insurance plans. And I get it.

1531
01:15:59,640 --> 01:16:02,200
Speaker 2: People they are struggling. And you know, if that's you,

1532
01:16:02,320 --> 01:16:03,840
Speaker 2: you don't care where the money's coming from. You just

1533
01:16:03,880 --> 01:16:06,120
Speaker 2: want relief. I understand that. But this is part and

1534
01:16:06,200 --> 01:16:08,599
Speaker 2: pressle for the problem is that it's out of control.

1535
01:16:08,760 --> 01:16:11,400
Speaker 2: Much like you know, subsidized college or anything for that matter,

1536
01:16:12,120 --> 01:16:14,160
Speaker 2: it's just going to cause someone to make a profit.

1537
01:16:14,280 --> 01:16:16,920
Speaker 2: And who loses are the taxpayers, the students in college

1538
01:16:17,400 --> 01:16:20,160
Speaker 2: when it comes to colleges, because they're in debt over

1539
01:16:20,200 --> 01:16:23,040
Speaker 2: their heads. In this case, it's bankrupting the federal government,

1540
01:16:23,120 --> 01:16:26,280
Speaker 2: which is all of us together collectively. And at the

1541
01:16:26,400 --> 01:16:29,880
Speaker 2: end of the day, what you're saying is the winners

1542
01:16:29,880 --> 01:16:32,000
Speaker 2: aren't the people. It's not the twenty two million people

1543
01:16:32,000 --> 01:16:34,120
Speaker 2: who need the healthcat it's insurance companies. They're going to

1544
01:16:34,200 --> 01:16:36,240
Speaker 2: continue to raise rates and we'll do this all over again.

1545
01:16:36,439 --> 01:16:39,120
Speaker 2: That's really what this is. This is taking federal tax

1546
01:16:39,200 --> 01:16:41,639
Speaker 2: payer money and giving it to health insurance brokers.

1547
01:16:42,960 --> 01:16:47,439
Speaker 6: It's also completely unfair, not just the taxpayers, but also

1548
01:16:47,720 --> 01:16:51,519
Speaker 6: to federal employees because a lot of them are getting

1549
01:16:51,560 --> 01:16:55,120
Speaker 6: furloughed to home and without pay. Some of them are

1550
01:16:55,160 --> 01:16:58,200
Speaker 6: still required to go into their office and work without pay.

1551
01:17:00,080 --> 01:17:02,680
Speaker 6: It's a hit on the economy every day by the

1552
01:17:02,760 --> 01:17:06,920
Speaker 6: slower economic activity. And taxpayers deserve a functioning government that

1553
01:17:07,040 --> 01:17:09,479
Speaker 6: we have paid for. And now there's lots of ways

1554
01:17:09,520 --> 01:17:12,519
Speaker 6: we can reduce to the size of government. Uh you know,

1555
01:17:12,600 --> 01:17:16,560
Speaker 6: but it's eventually taxpayers will have to pay back the

1556
01:17:17,200 --> 01:17:19,759
Speaker 6: all the federal workers for the time of the government.

1557
01:17:19,800 --> 01:17:22,160
Speaker 6: So we're basically paying them for nothing. They get a

1558
01:17:22,240 --> 01:17:25,120
Speaker 6: vacation with a lot of stress because you don't know

1559
01:17:25,280 --> 01:17:26,880
Speaker 6: how long this is going to last. We have to

1560
01:17:26,920 --> 01:17:30,400
Speaker 6: worry about mortgage and rent and food and other bills

1561
01:17:30,439 --> 01:17:34,160
Speaker 6: that come through. So this is completely unfair to well

1562
01:17:34,320 --> 01:17:37,200
Speaker 6: the Democrats' main constituency, which are federal workers.

1563
01:17:37,880 --> 01:17:40,719
Speaker 2: My big concern over all this though, is what about

1564
01:17:40,760 --> 01:17:44,200
Speaker 2: Speaker Johnson and King Jefferyes. I mean, they still get

1565
01:17:44,240 --> 01:17:45,960
Speaker 2: health insurance, right, They're still getting paid.

1566
01:17:46,040 --> 01:17:46,439
Speaker 3: Is that true?

1567
01:17:47,680 --> 01:17:47,880
Speaker 1: Yeah?

1568
01:17:47,960 --> 01:17:51,920
Speaker 2: Because thank god, thank god for that. Well, you know,

1569
01:17:52,000 --> 01:17:53,280
Speaker 2: I know, we can't do anyth when it comes to

1570
01:17:53,360 --> 01:17:56,160
Speaker 2: the pay though, Damien, But there's nothing constitutional about the

1571
01:17:56,200 --> 01:17:59,120
Speaker 2: healthcare benefits. What what if we somebody came in and said, hey,

1572
01:17:59,200 --> 01:18:01,640
Speaker 2: you know what if the government shutdown and people are

1573
01:18:01,840 --> 01:18:03,280
Speaker 2: that you don't get you don't get the perks, you

1574
01:18:03,320 --> 01:18:05,000
Speaker 2: don't get the benefit. Ina, you can get your salary,

1575
01:18:05,040 --> 01:18:07,000
Speaker 2: but you're we'd never have a shutdown, would we?

1576
01:18:08,080 --> 01:18:08,120
Speaker 1: No?

1577
01:18:08,320 --> 01:18:10,840
Speaker 6: Yeah, or you mandate the no work, no work, no

1578
01:18:11,000 --> 01:18:13,840
Speaker 6: pay is doing work and we you know, let's give

1579
01:18:13,920 --> 01:18:16,360
Speaker 6: taxpayers a break for that, you know. And there's also

1580
01:18:16,960 --> 01:18:21,240
Speaker 6: a very simple solution to this, Uh Senator Lankford and

1581
01:18:21,640 --> 01:18:23,920
Speaker 6: UH Jody Errington in the House that the chair of

1582
01:18:23,920 --> 01:18:26,839
Speaker 6: the Budget Committee have introduced a bill called the Preventing

1583
01:18:26,880 --> 01:18:31,720
Speaker 6: Government Shutdown ZACH, which would provide for continuing short term

1584
01:18:31,920 --> 01:18:36,200
Speaker 6: rolling resolutions to continue funding at the previous levels. And

1585
01:18:36,320 --> 01:18:39,920
Speaker 6: then Congress is mandated to stay here in Washington, d c.

1586
01:18:40,640 --> 01:18:43,439
Speaker 6: And hammer the stuff out until it gets done. And

1587
01:18:43,600 --> 01:18:46,320
Speaker 6: this way, uh, you know, taxpayers have pay for holl

1588
01:18:46,360 --> 01:18:49,559
Speaker 6: these services will continue to operate, Feral employees will get

1589
01:18:49,600 --> 01:18:52,600
Speaker 6: paid and do their job like we have this this

1590
01:18:52,720 --> 01:18:54,960
Speaker 6: furlough where they're going to get paid for you know,

1591
01:18:55,240 --> 01:18:56,280
Speaker 6: non productive days.

1592
01:18:57,560 --> 01:19:00,320
Speaker 2: Uh damien. The fact the matter is is or held

1593
01:19:00,400 --> 01:19:03,160
Speaker 2: hostage again for another week when it comes to government shutdowns,

1594
01:19:03,200 --> 01:19:06,559
Speaker 2: and really not because it's only eight percent of federal

1595
01:19:06,640 --> 01:19:09,800
Speaker 2: spending on our federal budget is being locked out right now.

1596
01:19:09,960 --> 01:19:12,920
Speaker 2: So it's ninety two percent of government is essential and

1597
01:19:13,520 --> 01:19:16,479
Speaker 2: present that to Republicans and I'll go, well, that's not

1598
01:19:16,800 --> 01:19:19,240
Speaker 2: so you're saying it ninety two percent of government is essential.

1599
01:19:19,479 --> 01:19:21,880
Speaker 2: The bottom line is only eight This only affects eight

1600
01:19:21,960 --> 01:19:24,560
Speaker 2: percent of the government. That's the craziest part about this,

1601
01:19:25,080 --> 01:19:27,439
Speaker 2: this theater that we're performing. When it comes to shutdown.

1602
01:19:28,680 --> 01:19:31,519
Speaker 6: Yeah right, it really should be known as as a

1603
01:19:31,560 --> 01:19:35,960
Speaker 6: partial shutdown because lots of activities do do continue, you know.

1604
01:19:36,000 --> 01:19:37,600
Speaker 6: But then you know, I just have to remember that

1605
01:19:38,040 --> 01:19:40,599
Speaker 6: if people are required to go to work and they're

1606
01:19:40,640 --> 01:19:43,080
Speaker 6: not getting paid, it it affects people in the military too.

1607
01:19:43,280 --> 01:19:45,720
Speaker 6: We'll see if this gets resolved by I think that

1608
01:19:45,880 --> 01:19:49,400
Speaker 6: October fifteenth is the next payday for members of the

1609
01:19:49,560 --> 01:19:53,000
Speaker 6: armed forces, So we'll see how this goes on. And

1610
01:19:53,120 --> 01:19:57,640
Speaker 6: you know, also air traffic controllers. The last shutdown went

1611
01:19:57,720 --> 01:20:00,920
Speaker 6: on for over thirty days and then towards the end,

1612
01:20:01,320 --> 01:20:04,599
Speaker 6: air traffic controllers we're calling in sick. You know, we're

1613
01:20:04,640 --> 01:20:07,240
Speaker 6: coming up on a holiday season two where people want

1614
01:20:07,280 --> 01:20:10,360
Speaker 6: to travel for Thanksgiving or make plans for Christmas. So

1615
01:20:10,800 --> 01:20:12,560
Speaker 6: hopefully we'll see a resolution near of viditor. You know,

1616
01:20:12,600 --> 01:20:16,759
Speaker 6: it all depends on taxpayers. Yeah, telling their Democratic senators

1617
01:20:16,840 --> 01:20:20,040
Speaker 6: to let's get this done. Let's get things working again

1618
01:20:20,200 --> 01:20:23,720
Speaker 6: and fund the government and fund that's not in bed

1619
01:20:24,000 --> 01:20:28,880
Speaker 6: these forty one billion dollars per year problematic subsidies into

1620
01:20:28,920 --> 01:20:30,680
Speaker 6: the cederal budget. Let's let's unexpire.

1621
01:20:30,920 --> 01:20:31,120
Speaker 3: Yeah.

1622
01:20:31,240 --> 01:20:33,680
Speaker 2: That's the sad part about this is despite Obamacare and

1623
01:20:33,720 --> 01:20:36,599
Speaker 2: we're fighting, the number of uninsured Americans is rising, despite

1624
01:20:36,640 --> 01:20:40,080
Speaker 2: the subsidies. That's what we're having. Healthcare is becoming more

1625
01:20:40,240 --> 01:20:42,320
Speaker 2: rare and rare and rare. The more we fight about

1626
01:20:42,360 --> 01:20:43,439
Speaker 2: this instead of coming up with a.

1627
01:20:43,439 --> 01:20:47,360
Speaker 6: Solution, and subsidy is not the way to do it.

1628
01:20:47,439 --> 01:20:51,360
Speaker 6: You need to find incentives for healthcare providers to be

1629
01:20:51,439 --> 01:20:52,559
Speaker 6: able to control costs.

1630
01:20:54,000 --> 01:20:56,160
Speaker 2: Well, that's easier said than done. One of the things

1631
01:20:56,160 --> 01:20:58,320
Speaker 2: starting around, of course, is waste, fraud and abuse. How

1632
01:20:58,400 --> 01:20:59,639
Speaker 2: much is there, where's it coming from?

1633
01:21:01,120 --> 01:21:03,880
Speaker 6: Well, that's another thing. The Democrats want to roll back

1634
01:21:04,120 --> 01:21:08,240
Speaker 6: some of the work requirements that were passed in the

1635
01:21:08,360 --> 01:21:13,160
Speaker 6: One Big Beautiful Bill Act for Medicare and supplemental nutrition programs.

1636
01:21:13,160 --> 01:21:16,559
Speaker 6: So that's that's another thing that they're fighting for as well. Uh, Yeah,

1637
01:21:16,560 --> 01:21:17,840
Speaker 6: a lot, a lot of waste, A lot of people

1638
01:21:17,920 --> 01:21:20,160
Speaker 6: could be working, a lot of people could be paying

1639
01:21:20,200 --> 01:21:23,600
Speaker 6: for their own insurance with that's the big subsidy from taxpayers.

1640
01:21:23,960 --> 01:21:25,800
Speaker 2: Yeah, it's all well and good, but it's it's hard

1641
01:21:25,840 --> 01:21:27,560
Speaker 2: to find a job these days. This is in the

1642
01:21:27,640 --> 01:21:30,160
Speaker 2: economy of five years ago. That's the other factor.

1643
01:21:31,240 --> 01:21:36,280
Speaker 6: Well, the unemployment rates are are still relatively low, you know.

1644
01:21:36,360 --> 01:21:40,200
Speaker 6: That's we also have the tax law that was just

1645
01:21:40,360 --> 01:21:42,439
Speaker 6: passed a lot to let people keep more of their money,

1646
01:21:43,400 --> 01:21:46,479
Speaker 6: creates incentive for investments. So you know, once we get

1647
01:21:46,520 --> 01:21:50,960
Speaker 6: things operating again, people will be able to go out

1648
01:21:51,000 --> 01:21:55,760
Speaker 6: and find work and you know, opportunities to experience small

1649
01:21:55,800 --> 01:21:59,200
Speaker 6: businesses have Uh, there's lots of opportunities with the tax.

1650
01:21:59,320 --> 01:22:00,640
Speaker 2: And that's that's a I mean, if you work for

1651
01:22:00,680 --> 01:22:03,519
Speaker 2: a big company and you have health care benefits, you know,

1652
01:22:03,600 --> 01:22:06,719
Speaker 2: that's solid, that's great, But we know that the engine

1653
01:22:06,720 --> 01:22:08,960
Speaker 2: that drives American economy are small businesses. And if you

1654
01:22:09,120 --> 01:22:12,680
Speaker 2: employ less than two hundred people, chances are it's very

1655
01:22:12,760 --> 01:22:14,599
Speaker 2: rare for you to be able to offer healthcare benefits

1656
01:22:14,680 --> 01:22:16,680
Speaker 2: getting exceedingly rare, so you could work you know, a

1657
01:22:16,720 --> 01:22:19,920
Speaker 2: couple two or three jobs and still not have healthcare coverage.

1658
01:22:19,960 --> 01:22:20,559
Speaker 2: That's the problem.

1659
01:22:21,760 --> 01:22:25,320
Speaker 6: Yeah, and we also need to get energy costs under control.

1660
01:22:25,400 --> 01:22:29,280
Speaker 6: We have all these years where we're incentivising everything to

1661
01:22:29,400 --> 01:22:32,080
Speaker 6: go electric, and now we also have the development of

1662
01:22:32,320 --> 01:22:36,519
Speaker 6: the alternative intelligence industry and all the rise of data centers.

1663
01:22:36,640 --> 01:22:41,760
Speaker 6: Now there's extreme demand for electricity. We need to have

1664
01:22:41,920 --> 01:22:44,280
Speaker 6: all energy options on the table. And so that's one

1665
01:22:44,320 --> 01:22:47,800
Speaker 6: good thing that's going on with lots of deregulation to

1666
01:22:48,520 --> 01:22:51,840
Speaker 6: reduce a lot of the burdens on energy companies and

1667
01:22:52,040 --> 01:22:53,000
Speaker 6: on small businesses.

1668
01:22:53,840 --> 01:22:56,880
Speaker 2: He is Demian Brady, National textpay As Union. I assume

1669
01:22:56,960 --> 01:22:58,760
Speaker 2: it's not going to go longer than thirty five days,

1670
01:22:58,800 --> 01:23:00,960
Speaker 2: which is our record for shut downs. Let's be something

1671
01:23:01,000 --> 01:23:02,640
Speaker 2: in the next couple of weeks, and then we'll just

1672
01:23:02,720 --> 01:23:04,720
Speaker 2: kick the can down the road and I'll probably we'll

1673
01:23:04,760 --> 01:23:07,200
Speaker 2: have the twenty second government shutdown in the modern air.

1674
01:23:08,880 --> 01:23:12,720
Speaker 6: Yeah, let's let's prevent that from happening. Let's pass the

1675
01:23:12,840 --> 01:23:16,720
Speaker 6: Prevent Government Shutdowns Act, so this way we don't have

1676
01:23:16,840 --> 01:23:21,000
Speaker 6: to worry about this ridiculous situation ever happening. Again, taxpayers

1677
01:23:21,000 --> 01:23:24,040
Speaker 6: deserve a functioning government, and you know we and we

1678
01:23:24,080 --> 01:23:27,799
Speaker 6: shouldn't be having a shutdown with plans that are designed

1679
01:23:27,880 --> 01:23:32,200
Speaker 6: to increase the federal debt. We need to be looking

1680
01:23:32,280 --> 01:23:35,639
Speaker 6: for ways to control the size of government, not create

1681
01:23:35,760 --> 01:23:41,040
Speaker 6: permanent new subsidies of a very problematic, troubled, and extensive program.

1682
01:23:41,360 --> 01:23:43,920
Speaker 2: Looking out for you. It's Damian Brady over at National

1683
01:23:44,120 --> 01:23:46,680
Speaker 2: Taxpayers Union and to you. Thanks again. I appreciate the time.

1684
01:23:47,920 --> 01:23:48,360
Speaker 5: Thank you, sir.

1685
01:23:48,439 --> 01:23:49,160
Speaker 3: Have a great day, sir.

1686
01:23:49,960 --> 01:23:53,000
Speaker 2: It's a Scott's Loan show on seven hundred WLW. It's

1687
01:23:53,280 --> 01:23:55,479
Speaker 2: pretty easy to figure out just taking these these complex

1688
01:23:55,520 --> 01:23:57,320
Speaker 2: things on the shutdown. What's it about. Well, it's about

1689
01:23:57,320 --> 01:24:00,040
Speaker 2: the one issue that Democrats are strong on healthcare. So

1690
01:24:00,160 --> 01:24:03,320
Speaker 2: we'll make that. We'll plant that flag and go shutting

1691
01:24:03,360 --> 01:24:05,519
Speaker 2: down the government to get you more health care, to

1692
01:24:05,600 --> 01:24:07,600
Speaker 2: save your health care, which is a huge issue. I

1693
01:24:07,680 --> 01:24:09,759
Speaker 2: get it. I'm not saying it's not necessary.

1694
01:24:09,800 --> 01:24:10,000
Speaker 4: It is.

1695
01:24:10,120 --> 01:24:12,919
Speaker 2: We all need it and our system is broken. That's

1696
01:24:13,000 --> 01:24:16,479
Speaker 2: not debatable, that's fact. What we can debate is whether

1697
01:24:16,560 --> 01:24:18,879
Speaker 2: or not this is a reasonable thing to do, considering

1698
01:24:18,920 --> 01:24:20,760
Speaker 2: it's costing US a trillion and a half dollars, a

1699
01:24:20,800 --> 01:24:24,879
Speaker 2: well over a trillion dollars to extend have a continuing

1700
01:24:24,920 --> 01:24:27,479
Speaker 2: resolutions basically says, well, we don't have a budget. We're

1701
01:24:27,520 --> 01:24:29,559
Speaker 2: just going to continue to discuss it in seven weeks.

1702
01:24:29,600 --> 01:24:32,840
Speaker 2: It's insane and these way to look at it a

1703
01:24:32,920 --> 01:24:36,320
Speaker 2: subsidy much like college. What happened with a college bubble? Well,

1704
01:24:36,439 --> 01:24:39,479
Speaker 2: everyone goes to college. Government backs all the student loans.

1705
01:24:40,040 --> 01:24:42,320
Speaker 2: You can take out an unsecured loan. You don't have

1706
01:24:42,400 --> 01:24:44,439
Speaker 2: to have anything to back up the money. You go

1707
01:24:44,560 --> 01:24:46,920
Speaker 2: to college. Maybe you get a four or five year degree.

1708
01:24:47,000 --> 01:24:50,519
Speaker 2: Maybe you do, but what about a third or more don't,

1709
01:24:51,040 --> 01:24:52,600
Speaker 2: And you still have to pay that money back. And

1710
01:24:52,680 --> 01:24:55,400
Speaker 2: we can go after future earnings. We can garnish your wages,

1711
01:24:55,479 --> 01:24:57,200
Speaker 2: we can go after social security, we can make your

1712
01:24:57,240 --> 01:24:59,160
Speaker 2: life a living hell till you make us whole. What

1713
01:24:59,280 --> 01:25:01,799
Speaker 2: a shakedown? Yeah yeah, you gotta go to college otherwise

1714
01:25:01,960 --> 01:25:04,559
Speaker 2: your life's gonna suck. Okay, I went. My life still

1715
01:25:04,640 --> 01:25:07,479
Speaker 2: sucks now. Now I got to pay back fifty thousand

1716
01:25:07,479 --> 01:25:10,160
Speaker 2: dollars one hundred thousand student loans, even though the graduate

1717
01:25:10,400 --> 01:25:13,240
Speaker 2: our burdened with the loans, and who benefits goes back

1718
01:25:13,280 --> 01:25:16,640
Speaker 2: to well, the federal government and universities is continue to

1719
01:25:16,720 --> 01:25:21,520
Speaker 2: raise tuition, or they did anyway, simply because they're being subsidized.

1720
01:25:22,360 --> 01:25:25,160
Speaker 2: And it's the same thing in healthcare. Subsidize more health care,

1721
01:25:25,520 --> 01:25:28,360
Speaker 2: healthcare casts go up for the rest of us. The

1722
01:25:28,400 --> 01:25:30,559
Speaker 2: easiest way to fix college you know here, like someone

1723
01:25:30,640 --> 01:25:33,599
Speaker 2: like Willie, Like when he went to college, he had

1724
01:25:33,640 --> 01:25:35,519
Speaker 2: a house, he had a wife, he went on vacation,

1725
01:25:36,320 --> 01:25:38,360
Speaker 2: he had a car, he had money, and he was

1726
01:25:38,400 --> 01:25:40,280
Speaker 2: able to pay for school. How the hell are you

1727
01:25:40,280 --> 01:25:43,439
Speaker 2: going to do that today? You can because subsidy has

1728
01:25:43,520 --> 01:25:46,960
Speaker 2: driven the money up. It's artificial money, and when the

1729
01:25:47,000 --> 01:25:48,920
Speaker 2: bell rings, you have to pay it back. Musical chairs

1730
01:25:49,680 --> 01:25:53,160
Speaker 2: with health care, same thing we subsidize, subsidized, subsidize. If

1731
01:25:53,200 --> 01:25:55,080
Speaker 2: we just said, okay, that's it, your employer can no

1732
01:25:55,200 --> 01:25:57,519
Speaker 2: longer provide insurance for you, you got to buy it

1733
01:25:57,600 --> 01:25:59,120
Speaker 2: in the free market, like you do with their house,

1734
01:25:59,200 --> 01:26:02,360
Speaker 2: with your car, with life insurance, all that stuff. We'd

1735
01:26:02,400 --> 01:26:04,479
Speaker 2: have enough plenty of money left over to be able

1736
01:26:04,520 --> 01:26:06,000
Speaker 2: to take care of the indigen and the people who

1737
01:26:06,040 --> 01:26:09,360
Speaker 2: truly need it and still save money and actually just

1738
01:26:09,400 --> 01:26:12,040
Speaker 2: pay for healthcare out of pocket instead of having it subsidized.

1739
01:26:13,520 --> 01:26:16,639
Speaker 2: But again, this is why people like me don't get elected,

1740
01:26:19,479 --> 01:26:21,719
Speaker 2: because you don't have to carve stuff out to get elected.

1741
01:26:22,080 --> 01:26:26,000
Speaker 2: You just make it fair. Saloni's seven hundred WW. Time

1742
01:26:26,160 --> 01:26:26,919
Speaker 2: to talk.

1743
01:26:26,760 --> 01:26:29,640
Speaker 7: About money, how to make it, how to keep it,

1744
01:26:30,040 --> 01:26:36,680
Speaker 7: and how to keep others off your stack. This is

1745
01:26:36,800 --> 01:26:38,759
Speaker 7: all Worth Advice with Andy Shaeffer.

1746
01:26:39,439 --> 01:26:43,360
Speaker 2: It is Andy Shaeffer and all with Financial Simply money

1747
01:26:43,400 --> 01:26:45,920
Speaker 2: showers at six o'clock on fifty five, k Se jumps

1748
01:26:45,920 --> 01:26:48,559
Speaker 2: in Tuesday morning for you like a little market recap.

1749
01:26:48,600 --> 01:26:50,280
Speaker 2: As he headed into the lunchhower, what's up, buddy, It's

1750
01:26:50,280 --> 01:26:52,040
Speaker 2: been a while. Good to be back with you. How's things,

1751
01:26:52,080 --> 01:26:52,479
Speaker 2: how's life?

1752
01:26:52,840 --> 01:26:55,160
Speaker 3: Yeah, everything's great. Looking forward to the week, getting into it.

1753
01:26:55,320 --> 01:26:57,640
Speaker 2: Good, good good. I did want to bring this up.

1754
01:26:57,640 --> 01:27:00,920
Speaker 2: I know the Fifth Third has acquired America. Co America

1755
01:27:01,040 --> 01:27:03,760
Speaker 2: is huge ten point nine billion dollars. They just I

1756
01:27:03,800 --> 01:27:05,200
Speaker 2: don't know if they put that on the credit card

1757
01:27:05,320 --> 01:27:07,760
Speaker 2: or what. I'm not quite sure, but this is the

1758
01:27:07,960 --> 01:27:11,280
Speaker 2: ninth largest US bank merger and expands fifth thirds. I

1759
01:27:11,360 --> 01:27:14,320
Speaker 2: know co America is pretty big up north across Michigan

1760
01:27:14,360 --> 01:27:16,680
Speaker 2: and the like to a pretty big banking outfit that

1761
01:27:16,760 --> 01:27:19,479
Speaker 2: they have now acquired that's going to close maybe first

1762
01:27:19,560 --> 01:27:21,760
Speaker 2: quarter of next year. What does that mean that those

1763
01:27:21,800 --> 01:27:23,599
Speaker 2: of us in Cincinnati the local economy and those who

1764
01:27:23,600 --> 01:27:24,280
Speaker 2: work for Fifth Third.

1765
01:27:24,600 --> 01:27:26,560
Speaker 8: Yeah, I think it's good. You know, co America is

1766
01:27:26,600 --> 01:27:28,720
Speaker 8: a big bank. They're based out of Dallas, Texas. I

1767
01:27:28,800 --> 01:27:31,519
Speaker 8: remember when I went to an advisor conference down there

1768
01:27:31,560 --> 01:27:34,120
Speaker 8: in the spring where there was a big presence of Comerica,

1769
01:27:35,360 --> 01:27:36,639
Speaker 8: you know, and I think this is a good deal.

1770
01:27:36,880 --> 01:27:39,439
Speaker 8: It was largely a stock deal worth ten point nine

1771
01:27:39,520 --> 01:27:42,599
Speaker 8: billion dollars. And what we're seeing is like this puts

1772
01:27:43,120 --> 01:27:45,240
Speaker 8: Fifth Third in the position to be the ninth largest

1773
01:27:45,280 --> 01:27:48,679
Speaker 8: bank and the United States. So this is a strategic move.

1774
01:27:48,840 --> 01:27:51,720
Speaker 8: We're starting to see the cost of a lot of

1775
01:27:52,840 --> 01:27:56,000
Speaker 8: compliance regulatory issues that are hitting a lot of the

1776
01:27:56,040 --> 01:27:58,160
Speaker 8: smaller banks that we're starting to see a lot of mergers.

1777
01:27:58,840 --> 01:28:01,840
Speaker 8: This really solidified Fifth Third Bank as a number two

1778
01:28:02,360 --> 01:28:05,320
Speaker 8: position in the core Midwest markets. So this is a

1779
01:28:05,360 --> 01:28:09,439
Speaker 8: big deal for not only the local economy but also nationally.

1780
01:28:09,479 --> 01:28:11,240
Speaker 8: And you're starting to see more trends where banks are

1781
01:28:11,280 --> 01:28:13,880
Speaker 8: starting to consolidate, and I think the Third saw an

1782
01:28:13,920 --> 01:28:15,000
Speaker 8: opportunity and took it here.

1783
01:28:15,240 --> 01:28:17,400
Speaker 2: When you do mergers, though, that means hey, everything's to

1784
01:28:17,439 --> 01:28:19,760
Speaker 2: get the memo. Everything's great, We're gonna need it's going

1785
01:28:19,840 --> 01:28:22,840
Speaker 2: to be wonderful for everyone, and then in a few weeks,

1786
01:28:22,880 --> 01:28:25,200
Speaker 2: if not months, that's when the layoffs start. How bad

1787
01:28:25,240 --> 01:28:26,439
Speaker 2: the cuts you think coming down.

1788
01:28:26,920 --> 01:28:28,479
Speaker 8: I don't think there's going to be a lot of

1789
01:28:28,560 --> 01:28:30,600
Speaker 8: layoffs in this situation, but you never know. You know,

1790
01:28:30,640 --> 01:28:32,479
Speaker 8: a lot of times these mergers take a long time

1791
01:28:32,520 --> 01:28:35,960
Speaker 8: to develop. I remember when Charles Schwab bought TDM Error Trade,

1792
01:28:36,000 --> 01:28:39,080
Speaker 8: and it took about three years before you know, all

1793
01:28:39,160 --> 01:28:41,320
Speaker 8: the dust settled, you know, between both of them, and

1794
01:28:41,400 --> 01:28:45,439
Speaker 8: you didn't even get access to really a Schwab website

1795
01:28:45,439 --> 01:28:48,400
Speaker 8: if you were a TDOM Error Trade investor in three

1796
01:28:48,439 --> 01:28:51,000
Speaker 8: years away. So this can take some time. We have

1797
01:28:51,080 --> 01:28:53,479
Speaker 8: to see how it kind of weave through, you know,

1798
01:28:53,560 --> 01:28:55,680
Speaker 8: the economy and as far as payroll and things like

1799
01:28:55,760 --> 01:28:58,439
Speaker 8: that are concerned. But it does kind of strike a

1800
01:28:58,520 --> 01:29:01,960
Speaker 8: balance between rewarding the come America's shareholders. There's a seventeen

1801
01:29:02,000 --> 01:29:06,360
Speaker 8: percent premium on the buy and not hurting the so

1802
01:29:06,520 --> 01:29:09,240
Speaker 8: there's there was a zero tangible book value dilution there,

1803
01:29:09,600 --> 01:29:11,439
Speaker 8: and so that's good all the way around for not

1804
01:29:11,560 --> 01:29:14,919
Speaker 8: only fifth third employees investors, but also uh CA America

1805
01:29:15,160 --> 01:29:16,120
Speaker 8: employees and investors.

1806
01:29:16,400 --> 01:29:19,240
Speaker 2: Yeah, six to nine months, that's when the x falls. Anyway,

1807
01:29:21,400 --> 01:29:24,439
Speaker 2: long story, yeah, about six to nine months, positive thoughts,

1808
01:29:24,760 --> 01:29:27,040
Speaker 2: throwing people out the window. You're good, You're good for

1809
01:29:27,080 --> 01:29:28,800
Speaker 2: a while. And I'm in a little middle of next year.

1810
01:29:29,200 --> 01:29:31,439
Speaker 2: Let's get the latest on the government shutdown. Oh we're

1811
01:29:31,520 --> 01:29:34,400
Speaker 2: so close to a deally. Oh my god. The political

1812
01:29:34,520 --> 01:29:37,439
Speaker 2: theater is it's maddening. And this is why. You know,

1813
01:29:37,520 --> 01:29:39,679
Speaker 2: someone I was talking to gonother to're wringing their hands

1814
01:29:39,680 --> 01:29:41,200
Speaker 2: about the government shutdown, like, do you work for the

1815
01:29:41,240 --> 01:29:42,599
Speaker 2: government now? Are you going to get paid?

1816
01:29:42,640 --> 01:29:42,800
Speaker 3: Well?

1817
01:29:42,880 --> 01:29:46,080
Speaker 2: Yeah, but but but I just like, look just look

1818
01:29:46,120 --> 01:29:47,840
Speaker 2: at Wall Street. All you need to know about this

1819
01:29:47,920 --> 01:29:50,560
Speaker 2: shutdown is look at Wall Street. Wall Street seems to

1820
01:29:50,640 --> 01:29:53,840
Speaker 2: think it's fine because you all know how to make

1821
01:29:53,920 --> 01:29:55,400
Speaker 2: money whether it's red or blue.

1822
01:29:56,600 --> 01:29:58,760
Speaker 8: Yeah, we seem to be largely brushing it off from

1823
01:29:58,760 --> 01:30:01,439
Speaker 8: an investor standpoint you. Last night the Senate voted fifty

1824
01:30:01,439 --> 01:30:04,559
Speaker 8: two to forty two against the House bill needs sixty

1825
01:30:04,680 --> 01:30:07,880
Speaker 8: votes to advance. So this is the fifth Senate no vote,

1826
01:30:08,360 --> 01:30:11,840
Speaker 8: this resolution to fund the government basically through November twenty first.

1827
01:30:11,920 --> 01:30:14,720
Speaker 8: And so you know, with this shutdown, you say, okay, well,

1828
01:30:14,880 --> 01:30:16,760
Speaker 8: you know what can potentially happen. I think One of

1829
01:30:16,840 --> 01:30:19,679
Speaker 8: the different things about this one is that Trump's White

1830
01:30:19,680 --> 01:30:22,519
Speaker 8: House of Office Management and Budget has indicated that agencies

1831
01:30:22,640 --> 01:30:25,200
Speaker 8: could pursue mass layoffs. I don't think it's going to

1832
01:30:25,240 --> 01:30:27,920
Speaker 8: get to that point. But I think most importantly the

1833
01:30:28,000 --> 01:30:30,639
Speaker 8: effects of this is the type of data investors will

1834
01:30:30,720 --> 01:30:33,640
Speaker 8: receive moving forward. You know, on Friday, we were not

1835
01:30:33,760 --> 01:30:37,400
Speaker 8: able to get the jobs report, which was very significant

1836
01:30:37,479 --> 01:30:40,280
Speaker 8: because the FED bases a lot of decisions on whether

1837
01:30:40,400 --> 01:30:43,120
Speaker 8: to cut rates or raise rates based on the jobs report.

1838
01:30:43,240 --> 01:30:47,080
Speaker 8: And if this continues on, you know, we might not

1839
01:30:47,200 --> 01:30:50,160
Speaker 8: get a number of other data. The September CPI will

1840
01:30:50,160 --> 01:30:53,320
Speaker 8: be withheld, the labor survey will be disrupted, and the

1841
01:30:53,360 --> 01:30:55,719
Speaker 8: FED is going to meet again at the end of October.

1842
01:30:55,920 --> 01:30:57,719
Speaker 8: And if they don't have a lot of this data,

1843
01:30:58,360 --> 01:31:00,680
Speaker 8: they're kind of operating in the dark some degree. Now,

1844
01:31:00,800 --> 01:31:04,560
Speaker 8: there are some other indicators that exist, but they're not

1845
01:31:04,680 --> 01:31:07,640
Speaker 8: really the sub any substitute for the major readings that

1846
01:31:07,760 --> 01:31:11,240
Speaker 8: we have. And so while it looked, you know, positive

1847
01:31:11,280 --> 01:31:13,080
Speaker 8: that we would see a rick cut in October, it's

1848
01:31:13,120 --> 01:31:15,240
Speaker 8: hard to say now. And I think right now it

1849
01:31:15,360 --> 01:31:20,439
Speaker 8: has more to do with momentum other indicators, and they

1850
01:31:20,520 --> 01:31:24,439
Speaker 8: look at the earnings report a little bit more succinctly

1851
01:31:24,600 --> 01:31:26,400
Speaker 8: to determine what they're going to do in October. But

1852
01:31:26,479 --> 01:31:28,679
Speaker 8: right now the markets are expecting a cut in October,

1853
01:31:28,920 --> 01:31:30,960
Speaker 8: and if we don't get this data, that becomes a

1854
01:31:31,080 --> 01:31:32,040
Speaker 8: little bit more cloudy.

1855
01:31:32,920 --> 01:31:35,600
Speaker 2: So there is then leverage on Republicans because you know,

1856
01:31:35,680 --> 01:31:37,640
Speaker 2: we've seen this administration come in and say, well, the

1857
01:31:37,720 --> 01:31:39,320
Speaker 2: numbers are wrong, we do them or fire the people

1858
01:31:39,360 --> 01:31:41,640
Speaker 2: in charge of the numbers. We don't know if the

1859
01:31:41,680 --> 01:31:43,760
Speaker 2: numbers is going to be good or bad, but that

1860
01:31:44,600 --> 01:31:46,880
Speaker 2: that's a foregone conclusion. If you continue to kick the

1861
01:31:46,920 --> 01:31:48,479
Speaker 2: can down the road, it's like it kind of helps them,

1862
01:31:48,520 --> 01:31:51,760
Speaker 2: but it doesn't simply because what winds up occurring is

1863
01:31:51,880 --> 01:31:53,920
Speaker 2: now all of a sudden, the interest rate cuts that

1864
01:31:54,040 --> 01:31:56,760
Speaker 2: you need it may not happen as a result of this.

1865
01:31:56,880 --> 01:31:59,200
Speaker 2: That'll be an interesting fight if it comes down to

1866
01:31:59,240 --> 01:31:59,800
Speaker 2: that in the future.

1867
01:32:00,080 --> 01:32:01,719
Speaker 8: Yeah, and I think they're you know, both the Democrats

1868
01:32:01,720 --> 01:32:04,120
Speaker 8: and Republicans are trying to position themselves in a way

1869
01:32:04,160 --> 01:32:06,519
Speaker 8: of being the sympathetic, sympathetic figure. You know, from a

1870
01:32:06,920 --> 01:32:09,560
Speaker 8: Republican standpoint, they're saying, you know, to the Democrats, you know,

1871
01:32:10,000 --> 01:32:13,519
Speaker 8: they're adding, you know, some additional you know, Obamacare subsidies

1872
01:32:13,560 --> 01:32:15,080
Speaker 8: and things like that that weren't in the build before.

1873
01:32:15,160 --> 01:32:17,640
Speaker 8: And the Republicans were saying, hey, alls we wanted was

1874
01:32:17,720 --> 01:32:20,160
Speaker 8: just to continue this on until November twenty first, where

1875
01:32:20,200 --> 01:32:22,599
Speaker 8: we can negotiate a little bit more. From the Democrat side,

1876
01:32:22,600 --> 01:32:25,240
Speaker 8: they could say, hey, the Republicans are holding this up

1877
01:32:25,680 --> 01:32:28,639
Speaker 8: by not negotiating with us now, and that could cause

1878
01:32:28,720 --> 01:32:33,320
Speaker 8: some layoffs in certain government entities, maybe some furloughs, maybe

1879
01:32:33,360 --> 01:32:35,479
Speaker 8: some loss of pay for the time being. And so

1880
01:32:35,720 --> 01:32:38,160
Speaker 8: right now, I think it's more about both parties trying

1881
01:32:38,200 --> 01:32:42,599
Speaker 8: to position themselves as the sympathetic figure in this debate.

1882
01:32:42,760 --> 01:32:44,559
Speaker 2: All right, So we did see some numbers come out

1883
01:32:44,600 --> 01:32:47,080
Speaker 2: ahead of the shutdown, and that is kind of a

1884
01:32:47,120 --> 01:32:49,080
Speaker 2: glimpse of what might be going on. What might be

1885
01:32:49,160 --> 01:32:50,040
Speaker 2: going on, Andy.

1886
01:32:49,800 --> 01:32:54,280
Speaker 8: Shafer, Well, we've received some data. We received some jobs

1887
01:32:54,400 --> 01:32:56,680
Speaker 8: number of the Jolt survey, which we like to call

1888
01:32:56,760 --> 01:32:59,280
Speaker 8: the take this job and shove it survey, which basically

1889
01:32:59,800 --> 01:33:03,160
Speaker 8: is the survey where if you currently have a job,

1890
01:33:03,600 --> 01:33:07,080
Speaker 8: it's when somebody is actually looking for another job so

1891
01:33:07,160 --> 01:33:09,320
Speaker 8: they feel good about the opportunity there. So there was

1892
01:33:09,400 --> 01:33:12,280
Speaker 8: a little bit of an increase in openings there. However,

1893
01:33:12,320 --> 01:33:15,320
Speaker 8: we saw the quick rate fall to one point, suggests

1894
01:33:15,360 --> 01:33:18,960
Speaker 8: that employers are less confident about our employees are less

1895
01:33:18,960 --> 01:33:21,160
Speaker 8: confident about finding work if they quit, and we've seen

1896
01:33:21,200 --> 01:33:23,280
Speaker 8: that bear out with a lot of the other data. Again,

1897
01:33:23,400 --> 01:33:25,880
Speaker 8: if you have a job right now, it's likely that

1898
01:33:26,000 --> 01:33:27,920
Speaker 8: you will continue to keep your job. But if you

1899
01:33:28,000 --> 01:33:30,640
Speaker 8: don't have a job, it's becoming harder and harder to

1900
01:33:30,720 --> 01:33:31,800
Speaker 8: find a job at this point.

1901
01:33:32,479 --> 01:33:36,200
Speaker 2: Okay, does that then indicate anything relative to the labor market.

1902
01:33:36,240 --> 01:33:37,040
Speaker 2: It's starting to cool off.

1903
01:33:37,439 --> 01:33:39,360
Speaker 8: Yeah, it is starting to cool off. So the labor

1904
01:33:39,439 --> 01:33:42,320
Speaker 8: market market's kind of losing some steam right now. And

1905
01:33:42,439 --> 01:33:44,880
Speaker 8: we are seeing the Institute for Supply Management where they

1906
01:33:45,080 --> 01:33:48,920
Speaker 8: have the manufacturing survey and also the services survey. Both

1907
01:33:48,960 --> 01:33:52,120
Speaker 8: of those are hovering around fifty, which is neutral. We

1908
01:33:52,240 --> 01:33:55,080
Speaker 8: were previously an expansion and so we are seeing some

1909
01:33:55,960 --> 01:34:00,919
Speaker 8: cooling off now. Growth overall is still it's not collapsing,

1910
01:34:01,000 --> 01:34:05,120
Speaker 8: it's still remaining positive, but the momentent is signally fading.

1911
01:34:05,479 --> 01:34:07,800
Speaker 2: It's not recession, but it feels like and if you

1912
01:34:07,880 --> 01:34:10,240
Speaker 2: have a job, hold on to it because despite what

1913
01:34:10,320 --> 01:34:14,280
Speaker 2: the unemployment rate is right now, it's difficult from what

1914
01:34:14,360 --> 01:34:16,200
Speaker 2: I understand, and the numbers have backed it up to

1915
01:34:16,240 --> 01:34:16,720
Speaker 2: get a job.

1916
01:34:17,280 --> 01:34:18,560
Speaker 8: Yeah, And I think a lot of that has to

1917
01:34:18,600 --> 01:34:20,400
Speaker 8: do with the uncertainty that's still out there. We still

1918
01:34:20,439 --> 01:34:22,760
Speaker 8: see the impact of tariffs. We don't really know how

1919
01:34:22,800 --> 01:34:24,639
Speaker 8: that's going to shake out. A lot of business leaders

1920
01:34:24,720 --> 01:34:26,880
Speaker 8: right now or kind of holding the cards that they

1921
01:34:27,000 --> 01:34:30,360
Speaker 8: have and not making any rash decisions as far as

1922
01:34:30,479 --> 01:34:32,840
Speaker 8: adding numbers or subtracting numbers. And it's more of a

1923
01:34:32,920 --> 01:34:35,479
Speaker 8: kind of a wait and see approach for business owners

1924
01:34:35,520 --> 01:34:37,280
Speaker 8: and leadership within the business community.

1925
01:34:37,600 --> 01:34:39,920
Speaker 2: All right, So relative to tariffs, I think it's a

1926
01:34:39,920 --> 01:34:43,439
Speaker 2: good time to maybe kick the tires on that. I

1927
01:34:43,560 --> 01:34:46,160
Speaker 2: know that the federal government is certainly raking a lot

1928
01:34:46,200 --> 01:34:47,920
Speaker 2: of money, a lot more money than I have in

1929
01:34:47,960 --> 01:34:49,360
Speaker 2: the past, But what does that mean to the rest

1930
01:34:49,360 --> 01:34:50,840
Speaker 2: of us? What does that mean if I have a small,

1931
01:34:50,920 --> 01:34:51,799
Speaker 2: medium sized business.

1932
01:34:52,479 --> 01:34:54,280
Speaker 8: Yeah, well, I think what you're seeing right now is

1933
01:34:54,320 --> 01:34:56,400
Speaker 8: that the costs are starting to increase. And you know,

1934
01:34:56,479 --> 01:34:58,800
Speaker 8: once again, I think with tariffs, there's a timeline on

1935
01:34:58,880 --> 01:35:01,960
Speaker 8: this long as inflation has been under control and it

1936
01:35:02,040 --> 01:35:03,080
Speaker 8: has been fairly sticky.

1937
01:35:03,120 --> 01:35:04,479
Speaker 3: We're in the high twos at this point.

1938
01:35:04,760 --> 01:35:07,759
Speaker 8: Again, the fedest preferred inflation measures too, but the Federal

1939
01:35:07,800 --> 01:35:10,680
Speaker 8: Reserve has said, hey, you know, we're not you know,

1940
01:35:10,800 --> 01:35:12,960
Speaker 8: targeting two percent as a be all, end all. As

1941
01:35:13,040 --> 01:35:15,960
Speaker 8: long as we feel like it's somewhat under control, we're.

1942
01:35:15,880 --> 01:35:18,000
Speaker 3: Comfortable with that. Well, it's starting to tick up a

1943
01:35:18,040 --> 01:35:18,400
Speaker 3: little bit.

1944
01:35:18,520 --> 01:35:20,960
Speaker 8: The more that these tariff conversations continue to go on,

1945
01:35:21,840 --> 01:35:24,720
Speaker 8: the more that the cost of goods and supply are

1946
01:35:24,800 --> 01:35:27,200
Speaker 8: going to be probably passed on to the consumer. We've

1947
01:35:27,240 --> 01:35:30,519
Speaker 8: seen that with beef prices most recently. There's a number

1948
01:35:30,560 --> 01:35:33,320
Speaker 8: of reasons why we've seen beef prices hit a record highs.

1949
01:35:33,960 --> 01:35:36,639
Speaker 8: We've seen a nationwide cattle inventory drop to its lower

1950
01:35:36,840 --> 01:35:39,320
Speaker 8: levels in seventy years. Part of that has to do

1951
01:35:39,439 --> 01:35:41,960
Speaker 8: with drought that we've had over the last few years,

1952
01:35:42,160 --> 01:35:43,960
Speaker 8: but a lot of that has to do with the

1953
01:35:44,040 --> 01:35:47,840
Speaker 8: fact that we're seeing the costs of farmers, whether it's

1954
01:35:48,520 --> 01:35:51,000
Speaker 8: you know, the feed that they have or overhead, and that's.

1955
01:35:50,880 --> 01:35:53,960
Speaker 3: Kind of continue to increase the cost onto the consumer.

1956
01:35:54,600 --> 01:35:57,759
Speaker 8: The We have a beef tariff on Brazil that's facing

1957
01:35:57,920 --> 01:36:01,920
Speaker 8: seventy six percent tariffs, and other beef producing countries are

1958
01:36:01,920 --> 01:36:04,320
Speaker 8: also facing terrafts like that, So you know, we're seeing

1959
01:36:04,360 --> 01:36:06,960
Speaker 8: it succinctly within you know, the cost of beef, and

1960
01:36:07,000 --> 01:36:10,120
Speaker 8: we're seeing that other places as well. You're familiar with,

1961
01:36:10,280 --> 01:36:13,080
Speaker 8: you know, cost of housing and development there, Scott, and

1962
01:36:13,200 --> 01:36:15,680
Speaker 8: so you know, I think at some point we have

1963
01:36:15,840 --> 01:36:18,880
Speaker 8: to start knocking down big deals with our biggest trading partners.

1964
01:36:19,200 --> 01:36:19,800
Speaker 3: All right on it.

1965
01:36:19,920 --> 01:36:21,400
Speaker 2: You know, the cost of beef. I think it was

1966
01:36:21,479 --> 01:36:24,360
Speaker 2: like a well above six dollars a pound, between six

1967
01:36:24,439 --> 01:36:26,320
Speaker 2: and seven dollars a pound de penaardy right now, which

1968
01:36:26,360 --> 01:36:29,800
Speaker 2: is absolutely insane. Yeah, as far as that costs, and

1969
01:36:29,840 --> 01:36:32,640
Speaker 2: it's killing a lot of American family well and and

1970
01:36:32,720 --> 01:36:35,200
Speaker 2: again I think you know, with this drought is particularly

1971
01:36:35,240 --> 01:36:36,880
Speaker 2: in the Midwest. You know what happens if you're a

1972
01:36:37,000 --> 01:36:39,519
Speaker 2: farmer and you start to see a drought on the horizon,

1973
01:36:39,560 --> 01:36:41,040
Speaker 2: a lot of times you're gonna you're gonna have to

1974
01:36:41,080 --> 01:36:44,439
Speaker 2: go ahead and harvest those cows, right otherwise it's just

1975
01:36:44,560 --> 01:36:46,519
Speaker 2: not going to be good beef. And so you know

1976
01:36:47,000 --> 01:36:50,439
Speaker 2: that inventory was depleted a few years ago because of

1977
01:36:50,520 --> 01:36:52,080
Speaker 2: the drought that we were having, and they're having a

1978
01:36:52,120 --> 01:36:54,479
Speaker 2: hard time ratcheting up, you know.

1979
01:36:54,520 --> 01:36:57,000
Speaker 8: Their production to meet demand. We're starting to see a

1980
01:36:57,080 --> 01:37:00,519
Speaker 8: higher demand for beef whether it's steaks, ground beef, whatever

1981
01:37:00,600 --> 01:37:04,000
Speaker 8: it is. I think there's less of you know, negative

1982
01:37:04,000 --> 01:37:06,200
Speaker 8: connotne to beef consumption.

1983
01:37:06,560 --> 01:37:07,599
Speaker 3: You're starting to see a lot.

1984
01:37:07,479 --> 01:37:09,559
Speaker 8: Of health experts saying that, hey, it is pretty healthy

1985
01:37:09,560 --> 01:37:11,639
Speaker 8: as long as you prepare it right. You didn't moderation

1986
01:37:11,760 --> 01:37:14,160
Speaker 8: and things like that. And furthermore, there's been a lot

1987
01:37:14,200 --> 01:37:18,640
Speaker 8: of illnesses with cattle from Mexico, and the Department of

1988
01:37:18,680 --> 01:37:21,880
Speaker 8: Agriculture in May basically said, hey, we're going to take

1989
01:37:21,880 --> 01:37:24,320
Speaker 8: a look at this because there's the screwworm epidemic there,

1990
01:37:24,400 --> 01:37:27,120
Speaker 8: which is a flesh eating parasite, and it affects that

1991
01:37:27,320 --> 01:37:30,000
Speaker 8: cattle that's closer to the US border where we could

1992
01:37:30,040 --> 01:37:33,720
Speaker 8: get additional supply and that's been cut off as well.

1993
01:37:33,800 --> 01:37:35,400
Speaker 3: So there's a lot of things that play here. I

1994
01:37:35,479 --> 01:37:36,400
Speaker 3: think this beat.

1995
01:37:36,479 --> 01:37:38,479
Speaker 8: These beef prices could go well and the next year

1996
01:37:38,520 --> 01:37:41,880
Speaker 8: as far as an elevated cost to the consumer, but

1997
01:37:42,040 --> 01:37:44,120
Speaker 8: hopefully we'll be able to figure it out in years

1998
01:37:44,160 --> 01:37:44,599
Speaker 8: to complady.

1999
01:37:44,640 --> 01:37:47,840
Speaker 2: And you you've learned a new semi sort of curse word.

2000
01:37:47,880 --> 01:37:50,080
Speaker 2: They can call people a screwworm. Now that's a new

2001
01:37:50,800 --> 01:37:53,000
Speaker 2: throw that around the office place. Hey, y a screwworm.

2002
01:37:53,920 --> 01:37:57,439
Speaker 2: I don't know if HR would like that. I'm not sure. Well, yeah,

2003
01:37:57,640 --> 01:37:59,599
Speaker 2: that's on the look in the mirror anyway. He's Andy

2004
01:37:59,640 --> 01:38:02,280
Speaker 2: Schaeffer Worth Financial. And bring this up too, because it's

2005
01:38:02,280 --> 01:38:04,240
Speaker 2: not like we're going to quit eating burgers in ground

2006
01:38:04,280 --> 01:38:06,360
Speaker 2: beef and stuff like that. And I note that too,

2007
01:38:06,479 --> 01:38:09,160
Speaker 2: because new studies come out said, Ohio, oh hi, we're

2008
01:38:09,160 --> 01:38:11,599
Speaker 2: in the top ten as far as credit card debt

2009
01:38:11,720 --> 01:38:14,719
Speaker 2: increase goes. We're number eight in the country. Average Ohio

2010
01:38:15,000 --> 01:38:20,280
Speaker 2: households owns what about nine three and fifty dollars in

2011
01:38:20,320 --> 01:38:21,000
Speaker 2: credit card debt.

2012
01:38:22,000 --> 01:38:24,120
Speaker 8: Yeah, and think about it from a family point of view.

2013
01:38:24,320 --> 01:38:26,519
Speaker 8: You know, not everybody has a stake every month. You

2014
01:38:26,560 --> 01:38:29,519
Speaker 8: know that can be costly, but most families, if you're

2015
01:38:29,560 --> 01:38:31,519
Speaker 8: trying to be economical, use a lot of ground beef.

2016
01:38:31,560 --> 01:38:33,160
Speaker 8: You can use it for cast roles, you can use

2017
01:38:33,160 --> 01:38:35,759
Speaker 8: it for chili, and it's way to feed a large

2018
01:38:35,800 --> 01:38:38,200
Speaker 8: number of people within your family. And so that's really

2019
01:38:38,280 --> 01:38:40,439
Speaker 8: the cost that I think is going to hurt families

2020
01:38:40,479 --> 01:38:43,639
Speaker 8: the most. And you're starting to see, you know, credit

2021
01:38:43,720 --> 01:38:46,759
Speaker 8: card debt continue to rise, You're starting to see savings dwindle.

2022
01:38:47,040 --> 01:38:49,040
Speaker 8: You know, most people have been trying to build up

2023
01:38:49,040 --> 01:38:51,960
Speaker 8: their savings quite a bit because of the uncertainty of tears. Well,

2024
01:38:52,360 --> 01:38:54,600
Speaker 8: as this continues to play out and costs continue to

2025
01:38:54,640 --> 01:38:57,240
Speaker 8: get passed on to the consumer, those savings start to

2026
01:38:57,320 --> 01:38:59,599
Speaker 8: become less and less and the credit card debt continues

2027
01:38:59,600 --> 01:39:02,800
Speaker 8: to rise. And what we've also seen, particularly in Cincinnati,

2028
01:39:02,920 --> 01:39:05,760
Speaker 8: is that it's becoming you know, Cincinnati is one of

2029
01:39:05,920 --> 01:39:08,120
Speaker 8: becoming one of the more expensive cities to live in

2030
01:39:09,080 --> 01:39:12,839
Speaker 8: over the last six months to a year, specifically within housing,

2031
01:39:13,120 --> 01:39:15,280
Speaker 8: you know, whether it's the cost of buying a house

2032
01:39:15,400 --> 01:39:16,280
Speaker 8: or whether it's rents.

2033
01:39:16,960 --> 01:39:18,320
Speaker 3: It's not easy out there right now.

2034
01:39:18,360 --> 01:39:20,120
Speaker 8: And hopefully we'll be able to get some relief with

2035
01:39:20,200 --> 01:39:22,680
Speaker 8: an interest rate cut, but again without this data and

2036
01:39:22,760 --> 01:39:24,560
Speaker 8: the government shutdown, it's hard to say whether we do

2037
01:39:24,640 --> 01:39:25,400
Speaker 8: get one or October.

2038
01:39:25,400 --> 01:39:26,679
Speaker 2: A lot of people are and I think the overall

2039
01:39:26,680 --> 01:39:31,280
Speaker 2: thing is just a general uneas still correct that the thousand.

2040
01:39:30,760 --> 01:39:31,800
Speaker 3: I think so, yeah.

2041
01:39:31,840 --> 01:39:33,599
Speaker 8: I mean most of the meetings that I have with clients,

2042
01:39:33,640 --> 01:39:36,639
Speaker 8: it's it's more about uncertainty. What should I do to prepare?

2043
01:39:36,920 --> 01:39:39,439
Speaker 8: Is this something that can continue on? Are we going

2044
01:39:39,520 --> 01:39:42,960
Speaker 8: to continue to see prices increase? If they're business owners,

2045
01:39:43,040 --> 01:39:46,519
Speaker 8: they're worried about the productivity of their of their company

2046
01:39:46,560 --> 01:39:47,800
Speaker 8: and the profitability of their company.

2047
01:39:47,800 --> 01:39:49,599
Speaker 3: I have a young couple coming in today.

2048
01:39:50,439 --> 01:39:52,799
Speaker 8: They're both government workers, and I know what the conversation

2049
01:39:53,000 --> 01:39:54,600
Speaker 8: is going to be is, how do we prepare what

2050
01:39:54,720 --> 01:39:57,360
Speaker 8: happens if I do get furloughed, and what should.

2051
01:39:57,080 --> 01:39:57,880
Speaker 3: Our next steps be.

2052
01:39:58,040 --> 01:40:00,679
Speaker 8: So, you know, regardless of what type of a stage

2053
01:40:00,720 --> 01:40:02,560
Speaker 8: of life you're in, or what kind of business you're in,

2054
01:40:02,680 --> 01:40:04,400
Speaker 8: or what kind of job you have, there's a lot

2055
01:40:04,439 --> 01:40:06,200
Speaker 8: of uneasiness with everybody right now.

2056
01:40:06,360 --> 01:40:08,320
Speaker 2: Yeah, no doubt about the only person who seemingly doesn't

2057
01:40:08,320 --> 01:40:09,519
Speaker 2: have a care in the world's Taylor Swift.

2058
01:40:10,800 --> 01:40:13,240
Speaker 3: Yeah. Yeah, she probably had a new album come out.

2059
01:40:13,280 --> 01:40:14,160
Speaker 3: I guess the other night.

2060
01:40:14,400 --> 01:40:16,080
Speaker 2: Well that's how out of touch you are with the

2061
01:40:16,160 --> 01:40:19,400
Speaker 2: common people right there. On Friday, I dropped at what midnight,

2062
01:40:19,600 --> 01:40:22,679
Speaker 2: and she had more downloads. I think it literally shut

2063
01:40:22,720 --> 01:40:25,160
Speaker 2: the internet down. People stayed up till midnight. Grown ass

2064
01:40:25,280 --> 01:40:28,479
Speaker 2: women stayed up till midnight to download the forty two

2065
01:40:28,520 --> 01:40:31,360
Speaker 2: minute album. She has got a lott. No, I did

2066
01:40:31,439 --> 01:40:33,479
Speaker 2: not say, because you know what, it's not a live thing.

2067
01:40:33,520 --> 01:40:35,160
Speaker 2: I didn't need to get up and download it. In

2068
01:40:35,200 --> 01:40:37,280
Speaker 2: the middle of the night. It's like, yeah, they'll still

2069
01:40:37,320 --> 01:40:39,240
Speaker 2: be new to you in a day or two or

2070
01:40:39,280 --> 01:40:40,439
Speaker 2: a week whenever you get it.

2071
01:40:40,880 --> 01:40:43,160
Speaker 8: Well, you think you know Taylor Swift, you know, that's

2072
01:40:43,280 --> 01:40:45,479
Speaker 8: not really my kind of music, But I do appreciate

2073
01:40:45,840 --> 01:40:48,560
Speaker 8: her and what she does and the talent has and

2074
01:40:48,640 --> 01:40:50,760
Speaker 8: not only that, if you remember, you know the tour

2075
01:40:50,840 --> 01:40:53,600
Speaker 8: that she had, the Airs tour when she came to Cincinnati,

2076
01:40:53,720 --> 01:40:56,360
Speaker 8: that flooded in millions and millions of dollars to our

2077
01:40:56,439 --> 01:40:57,200
Speaker 8: local economy.

2078
01:40:57,320 --> 01:41:00,479
Speaker 3: So I'm pro Taylor Swift. Oh yeah, she's.

2079
01:41:00,280 --> 01:41:03,080
Speaker 8: Continuing to put music and stuff out there. But you know,

2080
01:41:03,200 --> 01:41:06,080
Speaker 8: the the fanfare for it, you know, does help our

2081
01:41:06,120 --> 01:41:06,960
Speaker 8: economy quite a bit.

2082
01:41:07,120 --> 01:41:08,640
Speaker 2: Yeah, but you know some of the songs, it's the

2083
01:41:08,680 --> 01:41:10,560
Speaker 2: thing here to Go. Yeah, that's Taylor Swift. That's I

2084
01:41:10,600 --> 01:41:11,880
Speaker 2: don't know the name of the song, but I know

2085
01:41:11,960 --> 01:41:12,240
Speaker 2: the song.

2086
01:41:12,520 --> 01:41:14,400
Speaker 8: Yeah, I think I know them when they come on, right,

2087
01:41:14,479 --> 01:41:16,400
Speaker 8: but I couldn't tell you, you know, off the top

2088
01:41:16,439 --> 01:41:18,000
Speaker 8: of my head some the names of the songs.

2089
01:41:18,120 --> 01:41:20,040
Speaker 2: Yeah, yeah, seemingly Okay, So there's a one prore we

2090
01:41:20,040 --> 01:41:21,960
Speaker 2: found someone in there. She's just crushing it either way.

2091
01:41:22,080 --> 01:41:24,280
Speaker 2: Doesn't have a cat the government's why it shut down,

2092
01:41:24,400 --> 01:41:27,920
Speaker 2: doesn't Taylor Swift. But on my own government, he's Andy

2093
01:41:27,960 --> 01:41:30,000
Speaker 2: Schaeffer all Worth Financial. They have a show called Simply

2094
01:41:30,040 --> 01:41:32,519
Speaker 2: Money the airs weeknights at six on our sister station

2095
01:41:32,640 --> 01:41:36,600
Speaker 2: fifty five KRC. He pops in tuesdays little financial tune up.

2096
01:41:37,360 --> 01:41:38,880
Speaker 2: I just look at the markets and there in the

2097
01:41:38,960 --> 01:41:40,840
Speaker 2: green and it goes to show you what a joke

2098
01:41:40,960 --> 01:41:41,760
Speaker 2: the shutdown is.

2099
01:41:42,160 --> 01:41:42,320
Speaker 6: Now.

2100
01:41:42,960 --> 01:41:45,360
Speaker 2: In the future, let's say it's shut down for thirty

2101
01:41:45,680 --> 01:41:49,240
Speaker 2: forty days. Now we don't start to get some financial reports.

2102
01:41:49,320 --> 01:41:51,559
Speaker 2: And once it starts to impact the economy in the markets,

2103
01:41:51,640 --> 01:41:53,800
Speaker 2: then they these guys start paying attention. But right now

2104
01:41:53,840 --> 01:41:56,320
Speaker 2: it's all theater. Andy, have a great week. Appreciate you, Okay, Scott,

2105
01:41:56,360 --> 01:41:57,920
Speaker 2: thanks a lot time. Willie is on the way in

2106
01:41:58,080 --> 01:42:00,200
Speaker 2: just minutes here with the news and the make sure

2107
01:42:00,200 --> 01:42:01,880
Speaker 2: I'm back tomorrow nine oh six. Here on the home

2108
01:42:01,920 --> 01:42:04,439
Speaker 2: the best Bengals coverage seven hundred w do bet since

2109
01:42:04,479 --> 01:42:04,599
Speaker 2: now