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Speaker 1: Do you want to be an American?

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Speaker 2: Scott some show on seven hundred ww welcome, we have

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Speaker 2: a new high.

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Speaker 3: The average cost or a new vehicle off the lot,

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Speaker 3: drive it off the lot is now over fifty thousand dollars.

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Speaker 3: Let that percolate for a minute in your head. New

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Speaker 3: cars have never cost more, the loans to buy them

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Speaker 3: have never been bigger or longer, and Americans are about

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Speaker 3: their breaking point right now. On This is the senior

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Speaker 3: editor of Auto Trader and Kelly Bluebook, Brian Moody.

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Speaker 2: Welcome, good morning, Thank you. Yeah, you're right.

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Speaker 4: Things are expensive, but I'm going to tell you this

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Speaker 4: right now, there are ways around it.

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Speaker 5: It's not quite as dire.

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Speaker 4: As many people who are strapped for cash would think.

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Speaker 3: Yeah, well, Americans, that comes to numbers. I'm not a

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Speaker 3: numbers guy, but you know we have those milestones. Now,

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Speaker 3: you hit a certain number, and you know, forty nine

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Speaker 3: thousand not on other care for you. But once you

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Speaker 3: hit fifty the trigger goes off.

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Speaker 5: Right.

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Speaker 3: It's like it's like the price of gasoline. It gets

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Speaker 3: three dollars a galon three point fifty four dollars. Those

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Speaker 3: are milestone numbers. Fifty thousand is a hell of a

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Speaker 3: lot for this transaction. Go wait a minute. You know

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Speaker 3: I bought a car I don't know, five seven years

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Speaker 3: ago and it was thirty thousand dollars. How the hell

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Speaker 3: does it go up that much in just such a

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Speaker 3: short period of time.

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Speaker 4: Well, there's many things contributing to the high price of

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Speaker 4: new cars today. One of them we have to just

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Speaker 4: say at some point tariffs is going to be part

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Speaker 4: of that, although maybe not as much as people would think.

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Speaker 4: It's more like people are opting for more expensive cars,

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Speaker 4: more people are opting for luxury brands when they buy

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Speaker 4: new cars than ever before. And also the cost of

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Speaker 4: electric cars has driven the averages up. In addition to that,

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Speaker 4: the cost of regulation on the average car is significant.

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Speaker 4: Whenever you hear more things required, more MPG required, more

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Speaker 4: safety equipment required. That all requires compliance and come clients

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Speaker 4: means people and cost money.

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Speaker 3: We're also driving four wheeled computers too, that has to

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Speaker 3: be factored in.

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Speaker 6: Yeah.

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Speaker 4: Yes, not only does it have to be part of

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Speaker 4: the car, like what's inside the car, but think of this,

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Speaker 4: there has to be a repair and service mechanism behind

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Speaker 4: that for many years, which includes training and includes parts,

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Speaker 4: and it includes repair parts.

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Speaker 5: So yeah, all that is part of it.

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Speaker 4: I still say that, like, if you're looking for a

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Speaker 4: new car right now and you see that number and

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Speaker 4: you think, oh, that's just too much. There are many

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Speaker 4: good cars, new cars with compelling features for under thirty

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Speaker 4: thousand dollars.

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Speaker 2: So what's driving it up?

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Speaker 3: I mean, you know, just in my worldview, as I

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Speaker 3: drive Brian, I look at the vehicles of the road,

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Speaker 3: people are thinking, well, what's driving the average up? Is

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Speaker 3: that the luxury brands. You got a Ranger over Mercedes,

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Speaker 3: a BMW and Audi a luxA is okay? But I

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Speaker 3: see more pickup trucks on the road than ever before,

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Speaker 3: and pricing out a pickup truck down right, Ik at

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Speaker 3: some of the big ones out there, You're talking seventy

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Speaker 3: five thousand dollars. In my view, it's people are buying

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Speaker 3: very expensive trucks and SUVs, ucons and things like that.

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Speaker 4: They are, and part of that is the manufacturers trying

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Speaker 4: to increase their margin, but part of it is also

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Speaker 4: consumer demand. One thing that you'll see is increasingly expensive

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Speaker 4: with better.

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Speaker 2: Equipment trim levels of existing cars.

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Speaker 4: So it used to be we had like maybe four

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Speaker 4: versions the base model, which is an S, the L,

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Speaker 4: the XL, and then the top one would be like, oh,

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Speaker 4: it's a limited or something like that.

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Speaker 5: Well, now there's three above the limited because.

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Speaker 4: You have to have the big twenty two inch chrome

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Speaker 4: wheels and you have to have the hand stitched leather

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Speaker 4: and all that. That's profit for the automakers, but at

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Speaker 4: the same time, consumers are actually saying that's what they want.

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Speaker 4: That's why you see those long loans. You mentioned thousand

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Speaker 4: dollars a month's payment. Listen, if you have to stretch

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Speaker 4: your car payment to eighty four months, that is a

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Speaker 4: good sign that you have purchased or are looking at

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Speaker 4: a car that's out of your budget. You need to

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Speaker 4: like rain that back in and get something like a Corolla.

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Speaker 2: Yeah, no, that makes sense.

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Speaker 3: I mean even you know, like a Jeep Wrangler Base

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Speaker 3: models you can get fright in for a round thirty,

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Speaker 3: but most people don't. They opt for the off road

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Speaker 3: packages even though they would never.

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Speaker 2: Take it off a highway. Yeah, they're still going to

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Speaker 2: get that and that's over fifty k.

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Speaker 4: Yeah, and automakers have begun to realize this. I think

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Speaker 4: what you're going to see is pulling back on some

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Speaker 4: of that Jeep is a perfect example for they have admitted, hey,

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Speaker 4: we kind of priced our core customers out of the market.

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Speaker 4: So look for companies like Jeep, Ford, and Chevrolet, maybe.

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Speaker 5: Honda and Tolida as well to come up with.

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Speaker 4: Less equipment and a lower priced car because their cars

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Speaker 4: that people know are good. And to your point, it's

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Speaker 4: why the Ford Maverick, a small pickup, sold so well

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Speaker 4: when it first came out because at the time there

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Speaker 4: wasn't much else available for a pickup truck buyer. Now,

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Speaker 4: as new option become available, I think more people will

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Speaker 4: see the wisdom of getting a smaller pickup or a

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Speaker 4: smaller suv and maybe not every single bell and whistle,

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Speaker 4: maybe you stop midway.

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Speaker 3: Brian Moody is a senior editor of Auto Trader and

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Speaker 3: Kelly Bluebook. As we hit a new high here this year,

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Speaker 3: the average cost of a car off the lot is

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Speaker 3: now fifty thousand dollars plus. In addition to that, we

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Speaker 3: have the new eighty four month car loans that account

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Speaker 3: for something like one in ten of all sales. That's

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Speaker 3: nearly a seven year car payment. Is that kind of

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Speaker 3: a warning sign? Numbly for the economy, but the industry.

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Speaker 4: That's a warning signs for the industry and for consumers.

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Speaker 4: And let me just tell you this. If you're looking

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Speaker 4: at a car loan and the length of the car

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Speaker 4: loans outlasts the warranty, that's a big red flag because

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Speaker 4: what you're headed for unless you happen to have, you know,

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Speaker 4: one of the few very very reliable brands, like say

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Speaker 4: you wanted a luxury brand, a European luxury brand, and

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Speaker 4: your warranty expires and you're making one thousand dollars a

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Speaker 4: month payment. What happens when you're in for an expensive

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Speaker 4: repair that now is to you out of your pocket.

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Speaker 2: That's going to be disastrous for many shoppers.

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Speaker 6: I find.

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Speaker 3: The experts say, the financial guys say keep your payment

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Speaker 3: about fifteen percent a monthly income, but the average is

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Speaker 3: in the upwards of twenty percent or more.

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Speaker 2: That's pretty upside.

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Speaker 4: Down right right, because people look at those loans and

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Speaker 4: they say, oh, well, I technically I can do it.

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Speaker 2: Right. You can have cake and ice cream.

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Speaker 5: For dinner every night if you want, but there's a

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Speaker 5: cost to pay down the road.

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Speaker 4: And don't shop by this is what I always tell people.

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Speaker 4: Don't shop only by monthly payment. I could sell you

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Speaker 4: a Ferrari for five hundred dollars a month. Well, you

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Speaker 4: should ask a couple of questions once I say that,

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Speaker 4: how many months, how much downpayment?

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Speaker 5: You know, on and on and on.

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Speaker 4: So it's possible to get that super cool a luxury car,

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Speaker 4: but I would just rent it back a few steps

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Speaker 4: and say, hey, maybe something like a Mazda c X

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Speaker 4: five could work for me instead of a full size

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Speaker 4: truck based luxury suv.

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Speaker 2: Yeah.

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Speaker 3: But we've even seen the aftermarket cars Kelly, you know

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Speaker 3: Kelly Bluebook for example. That's what you guys specialize in.

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Speaker 3: That the costs are going a used car now is incredible.

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Speaker 4: Yeah, you know, there's a really good resource that people

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Speaker 4: are shopping right now. You can go to Capital One

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Speaker 4: has an auto navigator channel that's very helpful. Also, car

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Speaker 4: Gurus list the price increases and price decreases by percentage

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Speaker 4: right there on a page for you to shop that way.

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Speaker 4: And remember this, if you're looking for a new car

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Speaker 4: and you want a certain piece of technology, go look

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Speaker 4: at a used car and see if maybe a three

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Speaker 4: year old version of that car doesn't have the same

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Speaker 4: exact technology.

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Speaker 2: Chances are it might.

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Speaker 3: Yeah, how much of this, Brian Moody, has to do

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Speaker 3: with the tariffs. How much is that driving up the

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Speaker 3: cast because the other people we live in a solarized

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Speaker 3: political society. People just want to point the finger and go,

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Speaker 3: this is all Trump's fault. How much of it is?

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Speaker 4: Yeah, it's some because what's happening is the cars that

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Speaker 4: are incurring the lowest tariff are the ones that are

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Speaker 4: built here in the US and they source parts here

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Speaker 4: in the US.

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Speaker 5: And they have a bit of a discount as a result.

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Speaker 4: Methanax lowered the price on some of their cars because

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Speaker 4: they were built in the US. Other manufacturers where the

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Speaker 4: car arrived fully complete to our shores, this would usually

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Speaker 4: be very high end European luxury brands. Those are the

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Speaker 4: ones that are going to incur the highest trat However,

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Speaker 4: what manufacturers are doing is they're taking that three thousand

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Speaker 4: dollars tariff, let's just say, and they spread it out

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Speaker 4: across multiple cars so that the sticker shop to the

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Speaker 4: average person is less, but you're still paying overall in

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Speaker 4: terms of higher destination, to the higher interest, all those

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Speaker 4: types of things.

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Speaker 3: Yeah, Brian Moody, here, the senior editor Auto Trader, Kelly

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Speaker 3: Bluebook on the show. The average price of a car

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Speaker 3: now over fifty thousand dollars off the lot. Last year

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Speaker 3: we were in Australia and over there it's incredible the

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Speaker 3: number of Uber drivers and Lyft drivers that opt right,

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Speaker 3: all of them Chinese made EV's and I got you

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Speaker 3: get in someone go wow, this is interesting Tesla or

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Speaker 3: and they look at it, go, I don't know what

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Speaker 3: brand this is.

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Speaker 2: It must be Chinese.

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Speaker 5: Yeah.

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Speaker 3: And there was a story I forgot where I saw this,

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Speaker 3: but it was a ceo from one of the big

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Speaker 3: three companies. They were in China and we're touring the

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Speaker 3: car factories there and they ceo said they were blown

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Speaker 3: away on how the robots, the automation, they churn out

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Speaker 3: cars insanely fast.

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Speaker 2: Over there.

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Speaker 3: Their supply chain is so modern and so efficient. It

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Speaker 3: manufactures good quality cars and innovative new models at much

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Speaker 3: much lower prices.

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Speaker 2: So the competition.

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Speaker 3: Between Chinese made and now now Canada's relaxed the tariffs

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Speaker 3: sun Chine, so we're going to see more and more

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Speaker 3: Chinese made EV's flooding North America, and eventually those cars

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Speaker 3: will come down to Canada.

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Speaker 2: From Canada, the United States won't.

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Speaker 4: They Yes, probably American automakers and lawmakers are going to

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Speaker 4: have to get a handle on that. The executive you're

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Speaker 4: talking about is the guy from Ford, and you know

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Speaker 4: not with the den. They have a new evy platform

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Speaker 4: called you ev which is supposed to be able to

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Speaker 4: house several different body styles, but is going to be

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Speaker 4: an electric car that starts around thirty thousand dollars.

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Speaker 2: So yeah, those things are coming.

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Speaker 4: But the reason I say lawmakers have to get involved

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Speaker 4: is because not every place in the world has the

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Speaker 4: same environmental laws we have, or the same labor laws

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Speaker 4: or labor unions, or the same sourcing like so there's

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Speaker 4: lots of things that we have to get on top

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Speaker 4: of as an industry to see like, hey, do we.

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Speaker 2: Want that here or not?

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Speaker 4: Same with safety standards, cars cost more because there's more

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Speaker 4: safety equipment. So sure, could you sell a car that

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Speaker 4: doesn't have the same crash worthiness for a lower price, probably,

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Speaker 4: But do we want that? Those are things that have

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Speaker 4: to be decided and it's not going to be decided

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Speaker 4: probably by me and you.

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Speaker 2: Right.

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Speaker 3: My takeaway on that was you have the CEO of

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Speaker 3: Ford whose jaw drops by age a state of the art,

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Speaker 3: well functioning factor. I mean, isn't it sobering and scary

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Speaker 3: at the same time that how did we get to

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Speaker 3: the point where we have a CEO of a major

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Speaker 3: auto manufacturer, one of the big three, go to our

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Speaker 3: a Chinese factory and have your jaw drop because they've

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Speaker 3: got robots building cars at a much cheaper I mean

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Speaker 3: that that just defies logic and explanation. It also should

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Speaker 3: scare the hell out of us here in America. Is

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Speaker 3: you know, is it over for us?

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Speaker 6: Well?

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Speaker 4: I don't think so, because remember the road American factories

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Speaker 4: have playing your robots too.

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Speaker 5: That's kind of a fixed cost. The thing that's not

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Speaker 5: a fixed cost is.

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Speaker 4: The labor I'm saying. So that's one thing that he

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Speaker 4: wasn't mentioning. So it should be a wake up call

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Speaker 4: for how do we run our factories, How do we

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Speaker 4: run our unions?

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Speaker 5: How do we source parts?

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Speaker 4: Do we use the most of our locally sourced natural.

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Speaker 2: Resources as we can?

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Speaker 4: Or are those sitting idle because someone somewhere else said,

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Speaker 4: oh that's no good, let's get it someplace elf. Those

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Speaker 4: things all have to line up so that we can

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Speaker 4: get the best car for the.

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Speaker 5: Best price and still provide a livable wage.

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Speaker 3: My old man was working in the automotive sector for

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Speaker 3: a while back in the seventies and eighties, and American

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Speaker 3: car manufacturers looked at as an entitlement. Going doesn't matter

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Speaker 3: if we put a car together with a bumper that's

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Speaker 3: crooked or the doors that fall off at rust's in

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Speaker 3: three years. We don't care because you've got a lock

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Speaker 3: on the world. Because this came out of the nineteen

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Speaker 3: fifties when the post World War Two, when America had

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Speaker 3: to build everything, rebuild a world because it was war

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Speaker 3: torn or a third world.

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Speaker 2: And now that's change.

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Speaker 3: We saw that turn in the eighties when Japanese car

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Speaker 3: manufacturers came on the scene.

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Speaker 2: They changed the game.

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Speaker 3: Entirely with fit and quality, quality assurance warranties, and it

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Speaker 3: totally up into the American market. Are we at a

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Speaker 3: similar point here now with China?

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Speaker 7: Yeah?

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Speaker 4: Probably, because I don't know if you remember this or not,

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Speaker 4: but there was a for a while, there was kind

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Speaker 4: of a thing with Japanese cars where they were considered

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Speaker 4: low quality. It's hard to believe that that was a thing,

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Speaker 4: but that was a thing at one point. The big

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Speaker 4: thing that's happening today and everyone's to have to adapt

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Speaker 4: to this is that those things are happening just like

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Speaker 4: they happened in the past, only now they're happening much

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Speaker 4: much faster. So yes, it's quite possible that a Chinese

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Speaker 4: car in the near future will have all the features

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Speaker 4: for a price, all the quality that we would expect,

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Speaker 4: faster than we would have thought in the past.

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Speaker 3: The entry level car back to this topic too, because

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Speaker 3: you say, again it's fifty thousand the average, but you

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Speaker 3: can get a car for round thirty. It's going to

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Speaker 3: be a base model, but that's disappeared for American showrooms.

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Speaker 3: We see the Chinese kind of it's the second Japanese

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Speaker 3: wave here where they're upending the auto industry worldwide. Now

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Speaker 3: we're going to have to change things and how we

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Speaker 3: do things here in America to compete with them, because

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Speaker 3: you know, if you're going to go back to the

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Speaker 3: days where a Japanese import people to come up and

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Speaker 3: hit it with a sledgehammer, remember those protests like you're

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Speaker 3: not going to change and he saw it didn't work.

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Speaker 3: Because Japanese automakers stowing out is still number one. You're

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Speaker 3: going to probably do that with Chinese vehicles. And you know,

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Speaker 3: you can yell and scream at the clouds all you want,

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Speaker 3: but you've got to adapt or die. And we should

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Speaker 3: know that as Americans. But yeah, the entry level cars

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Speaker 3: kind of disappeared from showrooms. How do we even get

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Speaker 3: to this point?

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Speaker 4: I think that's going to change. So there's two levers

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Speaker 4: that are that can be pulled simultaneously. There's what the

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Speaker 4: manufacturer offers, So that's the S model, the base the

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Speaker 4: one that's thirty four to five that doesn't have, you know,

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Speaker 4: some of the fancy stuff inside. The manufacturer offers that,

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Speaker 4: but if the dealer doesn't stock it, it essentially doesn't exist.

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Speaker 4: So the dealers have to be okay with knowing, Hey,

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Speaker 4: if I order five of these base models with cloth

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Speaker 4: seats or whatever it is, will I be able to

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Speaker 4: sell them? And I think once we see that there's

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Speaker 4: a market for those base model cars, they'll start to

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Speaker 4: come back, even to the point where automakers will start

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Speaker 4: to build more of them. But remember they're in the

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Speaker 4: supply and demand game. If there's no demand, they're not

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Speaker 4: going to make a supply just for fun. So it's

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Speaker 4: up to dealers and consumers to write size their expectations.

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Speaker 5: And the loans are part of it too.

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Speaker 4: I don't know why someone would get a seventy two

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Speaker 4: month or eighty four month loan. I think it's financially irresponsible.

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Speaker 4: But for some reason, cars are more of an emotional

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Speaker 4: purchase than say a refrigerator.

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Speaker 6: Or a Parish Well shoes.

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Speaker 4: People do the same thing, but it's more of an

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Speaker 4: emotional purchase, so people have to get okay with Yeah,

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Speaker 4: this happens to me a lot. People ask how do

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Speaker 4: I get a great deal? Well, you get a hatchback,

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Speaker 4: or you get a sedan they have, you know, lower

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Speaker 4: prices on the whole, and you get this kind of

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Speaker 4: a car, you get a hybrid, And the next thing

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Speaker 4: they say is, oh, yeah, I was thinking to get it.

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Speaker 5: Than d Nali.

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Speaker 4: No, there's no deals on those because that's what everybody wants.

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Speaker 4: So what everybody wants less deals, what fewer people are

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Speaker 4: getting nice to dan good hatchbacks often more of a

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Speaker 4: chance for a deal on those.

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Speaker 3: Yeah makes sense, And but again, you know, you go

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Speaker 3: to a showroom Brian, people are like, well, I want cloths, seats,

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Speaker 3: I don't want to I don't a manual, and I

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Speaker 3: want air conditioning. I want a sound system that sounds

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Speaker 3: really good. Rreat, but you're going to spend an extra

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Speaker 3: ten grand plus because those are all add ons.

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Speaker 4: Because they're in packages. So here's something to just kind

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Speaker 4: of adjust your mind to the average shopper today. If

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Speaker 4: you go by a new car and you're looking at

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Speaker 4: there's a base model. Let's say that you saw online

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Speaker 4: and you did research and saw that was the right

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Speaker 4: price for you. Today's car is always going to have

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Speaker 4: air conditioning, power windows, probably a screen of some kind.

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Speaker 4: What the little things are going to be and figure

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Speaker 4: out how you can live without. This would be bigger wheels, sunroof,

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Speaker 4: a larger touch screen. Those are the things that are

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Speaker 4: going to be optional today. All they're all going to

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Speaker 4: have automatic transmissions, they're all going to have air conditioning,

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Speaker 4: they're all going to have power windows. It's a matter

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Speaker 4: of oh, do I get the seats that have memory power?

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Speaker 4: Do I get the one touch that It's down to

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Speaker 4: that little thing. So if you can live without some

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Speaker 4: of those things, the base model could work for you

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Speaker 4: on many cars. Prius is a great example of a

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Speaker 4: good car that isn't super expensive and gets great gas mileage.

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Speaker 3: We're not going to go back to a point where

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Speaker 3: you know, you can get a model T where it's

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Speaker 3: the same vehicle and you can have any color you

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Speaker 3: want as long as it's black. We're not headed back

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Speaker 3: that way, are we.

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Speaker 4: There may be an automaker that would come up with

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Speaker 4: an idea to have like what I lovingly called the

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Speaker 4: Luddye Special, where it doesn't have any features or any

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Speaker 4: of that kind of stuff. I could see that may

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Speaker 4: be working, But as far as it being a mainstream.

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Speaker 5: Automaker, you have to think of it this way. Today,

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Speaker 5: in order to give a.

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Speaker 2: Car manual windows or manual.

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Speaker 4: Transmission or whatever, it almost costs them more because deviations

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Speaker 4: from the production line cost time, and time equals money.

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Speaker 4: So that's why every car has almost the same equipment.

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Speaker 4: Now it's down to what color, what wheels, what sum room.

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Speaker 3: Yeah, you're always going to have You're always going to

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Speaker 3: have automatic when it's probably air conditioning, things like that.

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Speaker 3: Brian Moone, Senior Editor, Auto Trader. In Kelly Bluebook, the

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00:18:02,440 --> 00:18:04,520
Speaker 3: average cost of a new car has now crossed the

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Speaker 3: fifty thousand dollar mark, and that is an eye opener

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Speaker 3: for sure. Thanks for jumping on this morning. I appreciate it. Yep, yeah,

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Speaker 3: thank you, take care. Fifty grand. Let's talk about it.

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Speaker 3: How much do you got in your car? You've bought

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Speaker 3: in a car in the last couple of years, or

397
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Speaker 3: maybe you know you have a car that's seven eight

398
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Speaker 3: years old and you're like, ah, I'm gonna go and

399
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Speaker 3: look at a new one, and then you maybe you

400
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Speaker 3: get to say, I like the car, just wanted a

401
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Speaker 3: newer model. How much sticker shock hit you here locally

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Speaker 3: five and three, seven four nine, seven thousand eight or

403
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Speaker 3: the big one talk back via the iHeartRadio Apple get

404
00:18:34,359 --> 00:18:36,359
Speaker 3: into that right after news update Scott's Loan Show on

405
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Speaker 3: seven hundred WW. It's PLNY seven hundred WLW talking to

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Speaker 3: Brian Moody minutes ago. Here executive director Kelly Bluebook and

407
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Speaker 3: autotrader dot com the average price of a car now

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Speaker 3: off the lot, not the MSRP, but actually driving off

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Speaker 3: the lot now over fifty thousand dollars fifty grand for

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Speaker 3: new car, which begs a question here maybe we're shopping

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Speaker 3: and went, wait how much because just I mean, the

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Speaker 3: price have gone up like forty in the last handful

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Speaker 3: of years, which is absolutely bonkers, right, just just absolutely crazy,

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Speaker 3: And you know if you out shopping and you had

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Speaker 3: that sticker shock going, do you just pull the trigger

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Speaker 3: and go, oh, I need it because it's a business

417
00:19:22,600 --> 00:19:25,919
Speaker 3: car where maybe money is somewhat of an object but

418
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Speaker 3: no object in that regard. Or he's just like, hey,

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Speaker 3: you know what, I'll get a few more miles out

420
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Speaker 3: of the beater that I have now and move on.

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Speaker 3: Danny just emailed me here Sloany at seven hundred ww

422
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Speaker 3: dot com. My wife and I watched the movie Risky

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Speaker 3: Business the other night. At a chuckle on, Tom Cruise

424
00:19:41,760 --> 00:19:44,159
Speaker 3: was out in his dad's portion. Someone sneers him and goes, oh,

425
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Speaker 3: daddy's out in the forty thousand dollars car forty gray

426
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Speaker 3: was a lot of money back in the day, man,

427
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Speaker 3: a lot of money. What are the most expensive cars

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Speaker 3: in the world? That In just a second, and Bob

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Speaker 3: and is on the show this morning, Bob, how you

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Speaker 3: doing all great?

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Speaker 8: Uh uh, that's ann it's kind of cold out there,

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Speaker 8: Yeah it is.

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Speaker 3: It'll warm up then get cold and snow again. So yeah,

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Speaker 3: we've got the whips up. Tell me about card you

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Speaker 3: go buy a car?

436
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Speaker 8: Yeah, I'd say about a car for the wife. A

437
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Speaker 8: couple of years ago, and then my own last year.

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Speaker 8: On the bright side, if you don't need all the

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Speaker 8: bells and whistles and computer assists, which older folks don't

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Speaker 8: understand anyway. Yeah, uh, I got buy for thirty. I

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Speaker 8: thought I worked pretty good deal, and at last minute

442
00:20:31,119 --> 00:20:33,600
Speaker 8: they sticking it old. There is a five hundred dollars

443
00:20:33,600 --> 00:20:37,960
Speaker 8: documentation fee. Sure, but then I've been beating down over

444
00:20:38,040 --> 00:20:40,240
Speaker 8: two or three hour period, which that's that's the game.

445
00:20:40,960 --> 00:20:45,000
Speaker 8: I said, okay, whatever, yes, actually what twenty bucks a month?

446
00:20:45,080 --> 00:20:46,439
Speaker 8: So I'm not going to screw the deal in that.

447
00:20:46,520 --> 00:20:49,080
Speaker 8: But uh, you know, if you if your fortune, have

448
00:20:49,119 --> 00:20:50,639
Speaker 8: to work a good deal where you know they're going

449
00:20:50,680 --> 00:20:52,600
Speaker 8: to make the marginal profit. They don't pay their bills

450
00:20:52,600 --> 00:20:55,840
Speaker 8: by giving stuff away, correct, They like to stick a

451
00:20:55,880 --> 00:20:58,320
Speaker 8: little something andy here, these are five hundred bucks. Yeah,

452
00:20:58,359 --> 00:21:00,960
Speaker 8: the boss boss's kid wants ago a summer.

453
00:21:00,760 --> 00:21:01,520
Speaker 2: Here, ture transfer.

454
00:21:01,640 --> 00:21:04,280
Speaker 3: That's like transportation, and that's just like when you get

455
00:21:04,280 --> 00:21:06,920
Speaker 3: tires right now, they charge you for shriding the tires.

456
00:21:06,920 --> 00:21:07,720
Speaker 2: Now it's disposal.

457
00:21:09,359 --> 00:21:12,600
Speaker 8: Oh yeah, yeah, at the disposal for you gets to

458
00:21:12,720 --> 00:21:15,760
Speaker 8: the Uh. On the couple of years back, a nice

459
00:21:15,760 --> 00:21:18,800
Speaker 8: car from one of your advertisers for the wife and

460
00:21:18,800 --> 00:21:21,640
Speaker 8: that was over fifty then. But on the bright side,

461
00:21:21,800 --> 00:21:23,280
Speaker 8: they called a couple years later and said, hey, you

462
00:21:23,280 --> 00:21:25,640
Speaker 8: bought a car for of us sudden such I said,

463
00:21:25,800 --> 00:21:28,000
Speaker 8: we'll buy it back for what you paid. But we've

464
00:21:28,000 --> 00:21:30,280
Speaker 8: been using it yet, we know that.

465
00:21:29,880 --> 00:21:31,879
Speaker 2: That's pretty good. I mean, you think about that. You

466
00:21:31,880 --> 00:21:33,359
Speaker 2: buy the car, and if they're going to give you

467
00:21:33,400 --> 00:21:34,840
Speaker 2: what you paid for it, that's a hol of a deal.

468
00:21:35,960 --> 00:21:37,800
Speaker 8: Accept And if you want something similar, you know you're

469
00:21:37,800 --> 00:21:38,119
Speaker 8: gonna have.

470
00:21:38,080 --> 00:21:39,320
Speaker 2: To give them a little bit.

471
00:21:39,920 --> 00:21:42,919
Speaker 8: But uh yeah, oh yeah, uh the used cars were

472
00:21:42,960 --> 00:21:46,080
Speaker 8: in such demand back then. Uh price for skyhig I

473
00:21:46,119 --> 00:21:49,400
Speaker 8: think nowadays two you see prices like a very non

474
00:21:49,480 --> 00:21:50,760
Speaker 8: descript ten year old car.

475
00:21:51,440 --> 00:21:52,840
Speaker 2: That's what really catched my eye.

476
00:21:53,040 --> 00:21:54,440
Speaker 5: East fifteen and twenty hous about.

477
00:21:54,520 --> 00:21:56,639
Speaker 3: Oh that's no question my daughter's looking for one. It's like,

478
00:21:56,680 --> 00:21:58,880
Speaker 3: how much wow that is because you know, you get

479
00:21:58,880 --> 00:22:01,399
Speaker 3: a car for a kid or something like that, it's like,

480
00:22:01,560 --> 00:22:04,560
Speaker 3: you know, five six grand and now you know it's

481
00:22:04,560 --> 00:22:06,440
Speaker 3: going to be closer to to ten thousand dollars thanks

482
00:22:06,480 --> 00:22:08,199
Speaker 3: to the call appreciated five one, three, seven, four nine

483
00:22:08,280 --> 00:22:10,320
Speaker 3: seven thousand new price of a comprice of my new

484
00:22:10,320 --> 00:22:14,800
Speaker 3: car off the lot all in not MSRP fifty thousand dollars.

485
00:22:15,119 --> 00:22:18,800
Speaker 3: This might make you feel better. The five most expensive

486
00:22:18,920 --> 00:22:21,679
Speaker 3: cars right now in the world. So this is the

487
00:22:21,760 --> 00:22:23,680
Speaker 3: This is okay, this is like oil money. This is

488
00:22:23,800 --> 00:22:29,560
Speaker 3: chic money, this is this is ai this is crypto money.

489
00:22:32,440 --> 00:22:37,760
Speaker 3: A Rolls Royce LeRose Noir droptail. Now keep in mind

490
00:22:37,800 --> 00:22:42,560
Speaker 3: there's only four built. There's only four, and each is

491
00:22:42,600 --> 00:22:47,000
Speaker 3: a one to one commission. It has over sixteen hundred

492
00:22:47,000 --> 00:22:50,160
Speaker 3: hand placed wood pieces and a color shifting finish.

493
00:22:50,240 --> 00:22:51,800
Speaker 2: How much how much?

494
00:22:53,040 --> 00:22:58,680
Speaker 3: Thirty two million dollars for one car? Number two is

495
00:22:58,720 --> 00:23:01,760
Speaker 3: a Rolls Royce boat tail that's twenty eight million, though

496
00:23:01,880 --> 00:23:04,680
Speaker 3: they built three of those. It has a rear deck

497
00:23:04,720 --> 00:23:09,200
Speaker 3: that unfolds to look like a luxury yacht, cocktail tables,

498
00:23:09,440 --> 00:23:15,879
Speaker 3: and a champagne refrigerator. You know you got some serious

499
00:23:16,160 --> 00:23:18,240
Speaker 3: fu money when you could buy a car that has

500
00:23:18,280 --> 00:23:21,480
Speaker 3: a champagne refrigerator and a cocktail you're drink into the

501
00:23:21,720 --> 00:23:23,320
Speaker 3: I've got a bar in the back of my car.

502
00:23:23,400 --> 00:23:23,720
Speaker 2: How's that?

503
00:23:25,480 --> 00:23:29,560
Speaker 3: Pegani Zonda HB Barchetta is seventeen and a half million

504
00:23:29,600 --> 00:23:33,560
Speaker 3: dollars to built three of those. A Bugatti sixteen million dollars.

505
00:23:33,600 --> 00:23:37,639
Speaker 3: And the fifth is a Rolls Royce Sweptail which is

506
00:23:37,880 --> 00:23:41,000
Speaker 3: thirteen million dollars, and that was part of a two

507
00:23:41,040 --> 00:23:43,960
Speaker 3: seat Grand Tour that took four years. Took four years

508
00:23:43,960 --> 00:23:47,360
Speaker 3: to handle this car for only thirteen million dollars, which

509
00:23:47,359 --> 00:23:49,320
Speaker 3: seems like a bargain when the number one is thirty

510
00:23:49,359 --> 00:23:52,480
Speaker 3: two million dollars. If you're more like me, your top

511
00:23:52,520 --> 00:23:55,960
Speaker 3: five least expensive new cars in twenty twenty six, again

512
00:23:56,000 --> 00:24:00,000
Speaker 3: from Brian Moody our friends at Auto Trader. Number five

513
00:24:00,000 --> 00:24:02,880
Speaker 3: I was a Hondai Elantra, which is just a tick

514
00:24:02,960 --> 00:24:08,800
Speaker 3: under twenty four thousand. Nissan CenTra s will layout twenty

515
00:24:08,840 --> 00:24:12,719
Speaker 3: three eight forty five, the Kia K four LX is

516
00:24:12,720 --> 00:24:18,000
Speaker 3: twenty three to five, Chevy Tracks twenty three five as

517
00:24:18,040 --> 00:24:21,000
Speaker 3: the eight inch wireless touchscreen, thirty miles per gallon combinement.

518
00:24:21,000 --> 00:24:22,800
Speaker 3: That's a that's a good work car, right, get a

519
00:24:22,880 --> 00:24:27,159
Speaker 3: Chevy twenty three grand considering that's half the price of

520
00:24:27,200 --> 00:24:29,560
Speaker 3: a of the MSRP or I'm sorry of the offul

521
00:24:29,560 --> 00:24:30,680
Speaker 3: lot price of the average car.

522
00:24:30,840 --> 00:24:31,920
Speaker 2: You're getting a good deal there.

523
00:24:32,920 --> 00:24:37,040
Speaker 3: And number one is a Hyundai Venue two of the

524
00:24:37,359 --> 00:24:40,960
Speaker 3: five two of the five Yas Hondai, Nissan, Kiya Chevy

525
00:24:40,960 --> 00:24:43,320
Speaker 3: and the Venue s E. The number one is twenty

526
00:24:43,320 --> 00:24:45,960
Speaker 3: two to one fifty and that is now the cheapest

527
00:24:46,000 --> 00:24:49,800
Speaker 3: car after the Nissan Versas discontinued. It's a subcompact crossover

528
00:24:50,359 --> 00:24:52,440
Speaker 3: and a lot of standard safety tech. Very safe car

529
00:24:52,440 --> 00:24:54,879
Speaker 3: in a Hyundai, at least for twenty twenty six anyway.

530
00:24:54,920 --> 00:24:57,280
Speaker 3: So twenty two to one fifty would be your number

531
00:24:57,560 --> 00:25:00,639
Speaker 3: versus thirty two million dollars. I could have put the

532
00:25:00,720 --> 00:25:06,000
Speaker 3: luxury you know, Mercedes, BMW, Audie, Lexus those cars in

533
00:25:06,040 --> 00:25:07,760
Speaker 3: there as well, but it's more fun to go, Well,

534
00:25:08,200 --> 00:25:10,320
Speaker 3: it's fifty thousand dollars for a new car off the lot,

535
00:25:10,359 --> 00:25:13,800
Speaker 3: but you're talking tens of millions of dollars for new veic.

536
00:25:13,800 --> 00:25:15,639
Speaker 3: It just makes me wonders, like, what kind of money

537
00:25:15,640 --> 00:25:17,920
Speaker 3: you what kind of crazy indus?

538
00:25:18,040 --> 00:25:19,760
Speaker 2: What do you in? What do you got going on

539
00:25:19,840 --> 00:25:23,800
Speaker 2: in your life? Crypto you have like oil rigs.

540
00:25:23,800 --> 00:25:26,040
Speaker 3: That's that's an insane amount and then people can afford

541
00:25:26,080 --> 00:25:28,959
Speaker 3: that car also look at it go yeah, I mean

542
00:25:29,000 --> 00:25:32,400
Speaker 3: it's it's a nice treat that tend to be humbled

543
00:25:32,400 --> 00:25:34,800
Speaker 3: about that because the other idage is like you're driving,

544
00:25:34,800 --> 00:25:37,359
Speaker 3: you're rolling around in a luxury car, you know, a

545
00:25:37,440 --> 00:25:40,199
Speaker 3: nice Ranger over saw, a Porsche whatever it is. And

546
00:25:40,240 --> 00:25:42,040
Speaker 3: then it's like, I've got the you know, I got

547
00:25:42,080 --> 00:25:44,240
Speaker 3: a really hot car here. This is a great car,

548
00:25:44,560 --> 00:25:48,080
Speaker 3: very expensive. You know, I valet park even when I

549
00:25:48,119 --> 00:25:52,960
Speaker 3: go to UDF and there's always somebody out there go, well, yeah,

550
00:25:52,960 --> 00:25:54,720
Speaker 3: that's a nice car. What's your I got a thirty

551
00:25:54,720 --> 00:25:57,800
Speaker 3: two million dollar car? Yeah, this is such a nice car.

552
00:25:57,840 --> 00:25:59,679
Speaker 3: You probably I don't even know if you drive it.

553
00:25:59,720 --> 00:26:01,679
Speaker 3: When you even at thirty two million, you had the

554
00:26:01,760 --> 00:26:05,119
Speaker 3: kind of money be scared to take it out of

555
00:26:05,119 --> 00:26:07,159
Speaker 3: the garage. And you know, some folks buy cars and

556
00:26:07,240 --> 00:26:09,320
Speaker 3: just store them, they don't really take them out. And

557
00:26:10,040 --> 00:26:12,120
Speaker 3: I guess look at more of an investment down a lot.

558
00:26:12,160 --> 00:26:14,520
Speaker 3: I suppose at thirty two million, I have to figure

559
00:26:14,520 --> 00:26:16,560
Speaker 3: that can I take out a five thousand year loan?

560
00:26:16,640 --> 00:26:19,400
Speaker 3: Because even then I don't know if I've did five thousand,

561
00:26:19,960 --> 00:26:21,000
Speaker 3: five thousand year loan.

562
00:26:22,520 --> 00:26:24,280
Speaker 2: I think maybe I might be able to afford that.

563
00:26:24,840 --> 00:26:26,439
Speaker 2: Not sure what bank would give me a four.

564
00:26:26,320 --> 00:26:29,400
Speaker 3: Thousand, four thousand alone A guy who's that kind of money,

565
00:26:29,480 --> 00:26:32,399
Speaker 3: or at least he did anyway, less Westerner, you know,

566
00:26:32,480 --> 00:26:34,199
Speaker 3: the name, of course, Victoria's secret founder.

567
00:26:36,359 --> 00:26:38,160
Speaker 2: I think it's there. I'm gonna die in this hill.

568
00:26:40,760 --> 00:26:41,679
Speaker 2: That okay.

569
00:26:41,760 --> 00:26:45,840
Speaker 3: The third rail, of course, is the insanity over Epstein's island.

570
00:26:45,840 --> 00:26:48,000
Speaker 3: The fact that here in the United States anyone, no

571
00:26:48,040 --> 00:26:49,879
Speaker 3: one is paying the price, no one is going to

572
00:26:49,960 --> 00:26:50,439
Speaker 3: jail for this.

573
00:26:50,480 --> 00:26:52,080
Speaker 2: It's a horrible story.

574
00:26:52,160 --> 00:26:52,280
Speaker 5: Right.

575
00:26:52,280 --> 00:26:54,600
Speaker 3: You can't certainly take the side of someone who is

576
00:26:55,040 --> 00:26:57,120
Speaker 3: doing this to young women or men, as the case

577
00:26:57,160 --> 00:27:00,639
Speaker 3: may be. It's not about the vic and it's not

578
00:27:00,680 --> 00:27:04,720
Speaker 3: about the crime. It's it's about I think propriety, and

579
00:27:04,720 --> 00:27:06,720
Speaker 3: I again, dying the hill is a tough stand to take.

580
00:27:07,040 --> 00:27:12,119
Speaker 3: So Les Wexner in Ohio State, they're debating and removing

581
00:27:12,160 --> 00:27:14,960
Speaker 3: his name from all these buildings because of his associates

582
00:27:14,960 --> 00:27:20,680
Speaker 3: with Epstein, and that makes him unacceptable. And they took

583
00:27:20,760 --> 00:27:22,919
Speaker 3: i think in neighborhood a two hundred million dollars in

584
00:27:22,920 --> 00:27:25,000
Speaker 3: money from less wex So he's got his name all everything.

585
00:27:25,560 --> 00:27:30,200
Speaker 3: If if you take two hundred million dollars from someone

586
00:27:30,240 --> 00:27:32,800
Speaker 3: and that turns out that they're scumbag degenerate criminal or

587
00:27:32,800 --> 00:27:36,560
Speaker 3: they're financing scumbag degenerate criminals, then you've got to give

588
00:27:36,600 --> 00:27:37,040
Speaker 3: him the money.

589
00:27:37,040 --> 00:27:37,240
Speaker 2: Back.

590
00:27:37,400 --> 00:27:39,479
Speaker 3: If the name isn't good enough to stay in the building,

591
00:27:39,960 --> 00:27:42,440
Speaker 3: then the Ohistein University needs to write a check back

592
00:27:42,440 --> 00:27:48,040
Speaker 3: to him and going, okay, you're out because it's interesting

593
00:27:48,080 --> 00:27:52,959
Speaker 3: you they're debating and removing his name because that Epstein association,

594
00:27:53,840 --> 00:27:56,720
Speaker 3: and they're making a moral judgment here because of the

595
00:27:56,760 --> 00:27:58,720
Speaker 3: heat from the students and everyone else, going, you can't

596
00:27:58,760 --> 00:28:01,440
Speaker 3: do it's less why it's toxic.

597
00:28:01,520 --> 00:28:01,840
Speaker 2: You can't.

598
00:28:02,040 --> 00:28:06,200
Speaker 3: It's poison money is what it is. This is blood money.

599
00:28:06,320 --> 00:28:09,879
Speaker 3: And they're right, but okay, that's a moral judgment. And

600
00:28:09,920 --> 00:28:13,320
Speaker 3: you can't simultaneously cash a check from someone you've declared

601
00:28:13,320 --> 00:28:17,800
Speaker 3: mortally unfit it. Life doesn't work that way. There was

602
00:28:17,840 --> 00:28:22,320
Speaker 3: a transaction here. You took his money and he wants

603
00:28:22,320 --> 00:28:24,800
Speaker 3: his name on a building donors. I don't care what

604
00:28:24,880 --> 00:28:27,480
Speaker 3: school you go to, Ohio State, UC Xavior or whatever.

605
00:28:27,720 --> 00:28:30,960
Speaker 3: The buildings are named after people who can afford a

606
00:28:31,000 --> 00:28:34,560
Speaker 3: thirty two million dollar car. But you know, if the

607
00:28:34,600 --> 00:28:39,920
Speaker 3: relationship is now toxic enough to erase his name, then

608
00:28:40,360 --> 00:28:42,960
Speaker 3: you have to return the money under that relationship. Will

609
00:28:42,960 --> 00:28:46,200
Speaker 3: Ohio State kick back two hundred million to Les Wexner

610
00:28:46,320 --> 00:28:50,160
Speaker 3: if you start taking names off buildings because most of

611
00:28:50,160 --> 00:28:54,000
Speaker 3: those deals come with an agreement. So if OSU, for

612
00:28:54,040 --> 00:28:58,040
Speaker 3: whatever reason breaks the naming terms, his estate or family

613
00:28:58,080 --> 00:29:00,880
Speaker 3: would have legitimate legal grounds to demand repayment. Anyway, This

614
00:29:00,960 --> 00:29:04,120
Speaker 3: could be a could be a case in court, and

615
00:29:04,120 --> 00:29:05,920
Speaker 3: it's hard to take the side of a guy who's

616
00:29:06,160 --> 00:29:10,920
Speaker 3: financing Jeffrey Epstein. But I don't know. We've seen this

617
00:29:10,960 --> 00:29:13,800
Speaker 3: happen in other area. Says like, Okay, well we're going

618
00:29:13,880 --> 00:29:15,800
Speaker 3: to honor this person by putting their name on a building.

619
00:29:16,880 --> 00:29:20,440
Speaker 3: Well do you honor someone who then later winds up

620
00:29:20,480 --> 00:29:21,280
Speaker 3: being tabed of criminal?

621
00:29:21,240 --> 00:29:23,239
Speaker 2: And O. J. Simpson would be a great example of this.

622
00:29:24,120 --> 00:29:24,520
Speaker 2: You know it.

623
00:29:24,600 --> 00:29:26,520
Speaker 3: Should his buss be in the in Canton? Should his

624
00:29:26,600 --> 00:29:29,120
Speaker 3: name be in the ring of honor at the bill Stadium?

625
00:29:29,240 --> 00:29:33,640
Speaker 3: It's like, yeah, okay, but he wasn't he was Civilly

626
00:29:33,760 --> 00:29:35,480
Speaker 3: he lost, but criminally he was.

627
00:29:36,040 --> 00:29:38,120
Speaker 2: Same thing might be happening. This could be a whole O. J.

628
00:29:38,240 --> 00:29:39,360
Speaker 2: Simpson thing all over again.

629
00:29:40,360 --> 00:29:42,360
Speaker 3: So you have an agreement for the naming rights and

630
00:29:42,400 --> 00:29:44,520
Speaker 3: then you would have legal grounds I would guess to

631
00:29:44,520 --> 00:29:46,600
Speaker 3: demand repayment unless there's something in that clause in the

632
00:29:46,600 --> 00:29:50,760
Speaker 3: contract says for you under moral turpitude or or more moral. Uh,

633
00:29:51,040 --> 00:29:53,520
Speaker 3: you know there's something in there moral turpitude clause. I

634
00:29:53,560 --> 00:29:56,960
Speaker 3: guess it would be that would wipe that out. And

635
00:29:57,000 --> 00:29:58,400
Speaker 3: it's like, well, we're going to keep your money and

636
00:29:58,440 --> 00:30:02,120
Speaker 3: take your name off the building. And also it's America

637
00:30:02,360 --> 00:30:04,360
Speaker 3: and he has not been convicted of anything. And I

638
00:30:04,440 --> 00:30:06,600
Speaker 3: point that out, not taking his sight on this rather,

639
00:30:06,720 --> 00:30:08,520
Speaker 3: but just the way the law works, and sometimes we

640
00:30:08,560 --> 00:30:11,840
Speaker 3: can forget how the constitution works in this country. Hasn't

641
00:30:11,840 --> 00:30:15,840
Speaker 3: been arrested, hasn't been indicted, and now we're going to

642
00:30:15,880 --> 00:30:17,800
Speaker 3: take his name off and keep the money without due

643
00:30:17,840 --> 00:30:21,840
Speaker 3: process and your profiting from that man. Ohio State's really

644
00:30:21,840 --> 00:30:23,760
Speaker 3: setting themselves up. And then if they don't do anything,

645
00:30:23,800 --> 00:30:25,120
Speaker 3: if they just well we're going to keep his name

646
00:30:25,160 --> 00:30:29,760
Speaker 3: on it, the outcrying backlash against Ohio State is going

647
00:30:29,840 --> 00:30:31,840
Speaker 3: to be, if not already, it's going to be incredible.

648
00:30:31,880 --> 00:30:33,680
Speaker 3: How the hell do you paint? How do you this

649
00:30:33,720 --> 00:30:35,520
Speaker 3: is a hell of a corner they painted themselves in.

650
00:30:35,640 --> 00:30:37,720
Speaker 3: And I don't think it's anything because they were stupid

651
00:30:37,760 --> 00:30:41,760
Speaker 3: about it's just who saw this coming? That less not

652
00:30:41,840 --> 00:30:43,440
Speaker 3: western to be tight And we're in a state now.

653
00:30:43,440 --> 00:30:45,920
Speaker 3: I pointed this out the other day you know that

654
00:30:46,120 --> 00:30:50,160
Speaker 3: it's called the Life Touch, and that is the group

655
00:30:50,200 --> 00:30:52,240
Speaker 3: when your kid goes to school and gets the school

656
00:30:52,480 --> 00:30:56,520
Speaker 3: picture in the spring or in the fall. Rather, that's

657
00:30:56,560 --> 00:30:59,720
Speaker 3: the company that does a life touch. So and I've

658
00:30:59,800 --> 00:31:02,240
Speaker 3: kind I forget the seven degrees of separation here, but

659
00:31:02,960 --> 00:31:05,400
Speaker 3: they have since been twice. So they started out this company,

660
00:31:05,440 --> 00:31:08,840
Speaker 3: the guy who initially started it has ties to Epstein. Well,

661
00:31:08,880 --> 00:31:10,800
Speaker 3: he had before this whole thing broke. He had sold

662
00:31:10,800 --> 00:31:12,600
Speaker 3: it to a company that then spun it off into

663
00:31:12,640 --> 00:31:16,400
Speaker 3: a bigger group and like private equity. And now parents

664
00:31:16,400 --> 00:31:19,600
Speaker 3: in the states, including Kentucky, are demanding that Life Touch

665
00:31:19,720 --> 00:31:22,320
Speaker 3: be taken on their kids' school and the person who

666
00:31:22,440 --> 00:31:25,960
Speaker 3: is tied to Epstein is twice removed from ownership, but

667
00:31:26,000 --> 00:31:29,880
Speaker 3: the company's already been sold. It's kind of like police

668
00:31:29,960 --> 00:31:35,080
Speaker 3: knock on your door because a car you owned two

669
00:31:35,160 --> 00:31:39,560
Speaker 3: owners ago was involved in a homicide. Yeah, you ran

670
00:31:39,600 --> 00:31:41,800
Speaker 3: a bunch of people over and now.

671
00:31:41,680 --> 00:31:42,200
Speaker 2: They're going to come.

672
00:31:42,440 --> 00:31:43,960
Speaker 3: Well wait, I sold that car to somebody who then

673
00:31:44,000 --> 00:31:45,800
Speaker 3: sold it to somebody else. We don't care, We're still

674
00:31:45,800 --> 00:31:48,400
Speaker 3: coming after. You can start looking at that going. I know,

675
00:31:48,440 --> 00:31:51,080
Speaker 3: we live in an age where constitutional law in the

676
00:31:51,120 --> 00:31:53,080
Speaker 3: law itself is kind of like, I don't know how,

677
00:31:53,080 --> 00:31:55,080
Speaker 3: it's a murky area. But with them in a time

678
00:31:55,120 --> 00:31:57,200
Speaker 3: were well, that's well, I can do what I want

679
00:31:57,200 --> 00:31:57,360
Speaker 3: to do.

680
00:31:57,480 --> 00:31:57,600
Speaker 6: Now.

681
00:31:57,680 --> 00:32:01,720
Speaker 3: Really, I think there's just and especially from an institution

682
00:32:01,760 --> 00:32:03,880
Speaker 3: of higher learning, it should be pretty clear cut that

683
00:32:03,880 --> 00:32:07,080
Speaker 3: you've got to give them money back. If the standard

684
00:32:07,080 --> 00:32:09,320
Speaker 3: for name removal is mere association with the criminal, then

685
00:32:09,760 --> 00:32:11,880
Speaker 3: you've got to look at every donor in your history.

686
00:32:12,680 --> 00:32:14,840
Speaker 3: I mean, how many people, how many donors have given

687
00:32:14,920 --> 00:32:17,880
Speaker 3: money to Ohio State and maybe got I know, even

688
00:32:18,000 --> 00:32:21,040
Speaker 3: something as lowly as a name on a brick somewhere. Man,

689
00:32:21,120 --> 00:32:22,760
Speaker 3: that's going to take a lot of research and a

690
00:32:22,760 --> 00:32:25,480
Speaker 3: lot of work, because once you've taken the moral high ground,

691
00:32:25,920 --> 00:32:28,400
Speaker 3: it's got to apply to everything across the board. I'm

692
00:32:28,440 --> 00:32:31,520
Speaker 3: sure there's somebody who is tied to Ohio State who's

693
00:32:32,200 --> 00:32:34,760
Speaker 3: guilty of a crime somewhere. It's in bezzleman, a white

694
00:32:34,800 --> 00:32:37,400
Speaker 3: collar crime, murder. Right, then you got to start going

695
00:32:37,400 --> 00:32:39,280
Speaker 3: and you got to start clearing. And that's the problem

696
00:32:39,280 --> 00:32:43,360
Speaker 3: with today, especially today's well with today's generation so to speak.

697
00:32:43,400 --> 00:32:45,600
Speaker 3: Not to sound like a bitter old man, but I'm

698
00:32:45,600 --> 00:32:48,880
Speaker 3: saying is like we went to this thing with cancel culture,

699
00:32:48,920 --> 00:32:51,800
Speaker 3: where someone who puts something on social media when they

700
00:32:51,800 --> 00:32:54,000
Speaker 3: were thirteen and now they're a grown man are being

701
00:32:54,040 --> 00:32:55,840
Speaker 3: held account for what they said when they were a

702
00:32:55,840 --> 00:32:59,240
Speaker 3: little kid or they were some stupid adolescent. I mean,

703
00:32:59,240 --> 00:33:02,080
Speaker 3: we're all there said and did different dumb stuff. We

704
00:33:02,120 --> 00:33:05,680
Speaker 3: made a dumb stuff last year. People do dumb stuff

705
00:33:05,680 --> 00:33:08,000
Speaker 3: and say dumb stuff all the time that it's cringe worthy.

706
00:33:08,800 --> 00:33:11,680
Speaker 3: That just doesn't hold up. And you know, something to

707
00:33:11,720 --> 00:33:13,720
Speaker 3: be said about reform. Now We're not that way with

708
00:33:13,840 --> 00:33:15,520
Speaker 3: Lexner here, but you know what I'm saying is how

709
00:33:16,440 --> 00:33:18,920
Speaker 3: how much more do you go down this road for

710
00:33:19,040 --> 00:33:25,240
Speaker 3: that level of accountability? Because now future major donors, I'd

711
00:33:25,280 --> 00:33:28,280
Speaker 3: imagine you're watching this, so I Fio State says, Wow,

712
00:33:28,320 --> 00:33:30,160
Speaker 3: we're going to take two hundred million, rename the buildings,

713
00:33:30,160 --> 00:33:32,440
Speaker 3: and we're going to keep your money when the political

714
00:33:32,400 --> 00:33:34,680
Speaker 3: wind shift. Why would enter major donor trust the public

715
00:33:34,760 --> 00:33:38,800
Speaker 3: university with a naming gift again unless they start building

716
00:33:38,800 --> 00:33:42,760
Speaker 3: some language into the contract. So this difficult situation for

717
00:33:42,840 --> 00:33:46,360
Speaker 3: Ohio State isn't just about less Wexner. It's about whether

718
00:33:46,480 --> 00:33:48,720
Speaker 3: institutional naming or inspanding at all. I mean, what's what's

719
00:33:48,720 --> 00:33:51,400
Speaker 3: the point of the contract, And you just got to

720
00:33:51,440 --> 00:33:54,000
Speaker 3: be consistent their own naming review standards ask if there's

721
00:33:54,040 --> 00:33:57,080
Speaker 3: a sub according to this a substantial evidence of misconduct

722
00:33:57,080 --> 00:33:59,680
Speaker 3: harmful to OSU's reputation. If that bar's met, then the

723
00:33:59,680 --> 00:34:02,320
Speaker 3: money's tainted. If the bar isn't met, then the name

724
00:34:02,360 --> 00:34:06,040
Speaker 3: should stay. You can't clear the bar for removal, but

725
00:34:06,120 --> 00:34:10,319
Speaker 3: not for a refund. And certainly throughout history, universities have

726
00:34:10,760 --> 00:34:15,640
Speaker 3: certainly kept money from fire worse actors in this case

727
00:34:15,680 --> 00:34:20,080
Speaker 3: and less Wexner. But it's selective outrage and only applies

728
00:34:20,120 --> 00:34:22,600
Speaker 3: when a story goes viral. And what's our problem? What

729
00:34:22,640 --> 00:34:25,920
Speaker 3: do we stand for? It's a really really tough place

730
00:34:25,960 --> 00:34:28,600
Speaker 3: for any university, specially Ohio State, to be in. You're

731
00:34:28,640 --> 00:34:30,520
Speaker 3: not taking the side of a less Wexner going, that's

732
00:34:30,520 --> 00:34:34,560
Speaker 3: fine if you fund Jeffrey Epstein, who's raping young girls.

733
00:34:34,560 --> 00:34:36,400
Speaker 2: So I don't worry, it's all good. I'm not saying that.

734
00:34:36,440 --> 00:34:37,640
Speaker 2: I'm saying it's okay.

735
00:34:37,640 --> 00:34:39,960
Speaker 3: If you're going to make this moral stand, then you

736
00:34:40,040 --> 00:34:42,359
Speaker 3: have to make sacrifices as well. The sacrifice is two

737
00:34:42,400 --> 00:34:45,319
Speaker 3: hundred million dollars or whatever whatever the amount is here

738
00:34:45,800 --> 00:34:50,640
Speaker 3: it's a really interesting legal and more dilemma moral dilemma

739
00:34:50,760 --> 00:34:53,399
Speaker 3: that they're in Columbus right now, because I think there's

740
00:34:53,400 --> 00:34:54,799
Speaker 3: a lot of people at a hostate going, oh, if

741
00:34:54,800 --> 00:34:58,480
Speaker 3: you're just quietal, go away or secretly hoping that the

742
00:34:58,520 --> 00:35:00,560
Speaker 3: Wexner thing fizzles out and no one pays tension anymore.

743
00:35:00,600 --> 00:35:02,239
Speaker 3: I don't know this while Epstein thing is just going

744
00:35:02,320 --> 00:35:05,040
Speaker 3: to continue to build and build. The less our legal

745
00:35:05,080 --> 00:35:08,800
Speaker 3: system does UH to bring those to justice, the more outcry.

746
00:35:08,840 --> 00:35:11,080
Speaker 3: I think there's going to be at places like this, Hey,

747
00:35:11,080 --> 00:35:13,240
Speaker 3: real quick at five point three seven four nine, seven thousand.

748
00:35:13,280 --> 00:35:14,640
Speaker 3: Let me get to a Larry and Indiana on the

749
00:35:14,640 --> 00:35:18,759
Speaker 3: Scotsland Show, Hailer, Hey, Scott, what's a uh?

750
00:35:19,120 --> 00:35:23,440
Speaker 4: In quest into the Cincinnati They took McMillan's land.

751
00:35:23,480 --> 00:35:26,120
Speaker 5: He donated all that and then sure came off the building.

752
00:35:26,480 --> 00:35:27,640
Speaker 5: They didn't give the land back.

753
00:35:27,840 --> 00:35:29,759
Speaker 3: Yep, we just did that, didn't we? That ties in

754
00:35:29,920 --> 00:35:32,000
Speaker 3: Sure and it's like, well, what do you does the estate?

755
00:35:32,040 --> 00:35:34,480
Speaker 3: Does the family that the somebody should get money back?

756
00:35:34,520 --> 00:35:36,239
Speaker 3: At that point, I mean, I don't think there's an

757
00:35:36,239 --> 00:35:38,320
Speaker 3: ex now McMillan that a long time ago, but there's

758
00:35:38,360 --> 00:35:42,120
Speaker 3: a you know that there's also a legacy there. What

759
00:35:42,360 --> 00:35:44,799
Speaker 3: happens if you start taking names off buildings years later?

760
00:35:44,920 --> 00:35:47,239
Speaker 3: What what? What about all everything you profited from At

761
00:35:47,239 --> 00:35:50,600
Speaker 3: this point, it just seems like it's a weird hide

762
00:35:50,640 --> 00:35:52,759
Speaker 3: road today, especially now with the Wexner thing, because that's

763
00:35:52,800 --> 00:35:55,080
Speaker 3: more current, right is. I can see where, Hey, they

764
00:35:55,080 --> 00:35:56,719
Speaker 3: gave us the money, but you know, we learned what

765
00:35:56,800 --> 00:35:59,239
Speaker 3: he did years later as abhorrent and not onlign with

766
00:35:59,280 --> 00:36:02,200
Speaker 3: today's standard. Was maybe acceptable back then but not today.

767
00:36:02,680 --> 00:36:04,960
Speaker 3: And so should you give the money back then? I

768
00:36:05,000 --> 00:36:07,520
Speaker 3: think that's I think that's a lower bar low threshold

769
00:36:07,520 --> 00:36:09,400
Speaker 3: for do you see because of the time. But at

770
00:36:09,480 --> 00:36:11,680
Speaker 3: Ohio State right now, since this is a current event,

771
00:36:12,200 --> 00:36:13,440
Speaker 3: I don't know. Do you think they should give the

772
00:36:13,440 --> 00:36:14,840
Speaker 3: two hundred million back to Wexer?

773
00:36:17,080 --> 00:36:17,719
Speaker 5: I believe so.

774
00:36:18,360 --> 00:36:22,080
Speaker 3: I mean, you know, and if you'd say that, it

775
00:36:22,120 --> 00:36:24,640
Speaker 3: feels like you're taking the side of a child predator,

776
00:36:24,640 --> 00:36:28,560
Speaker 3: which no one is. It's just okay, you kind of

777
00:36:28,560 --> 00:36:29,640
Speaker 3: have to make a sacrifice.

778
00:36:29,640 --> 00:36:29,960
Speaker 2: I think.

779
00:36:30,480 --> 00:36:32,200
Speaker 3: I think that's the admiral thing. You can't keep the

780
00:36:32,480 --> 00:36:34,680
Speaker 3: blood money and then denounce it at the same time.

781
00:36:34,719 --> 00:36:37,239
Speaker 3: It doesn't it should work that way, And I hope

782
00:36:37,239 --> 00:36:39,439
Speaker 3: people see through that anyway. Hey, thanks for the call.

783
00:36:39,640 --> 00:36:41,480
Speaker 3: I got to get a news update in when a return.

784
00:36:41,480 --> 00:36:43,640
Speaker 3: At ten oh seven, Conpt Member Mark jeffersons, here's a

785
00:36:43,719 --> 00:36:46,359
Speaker 3: question for you. We know that housing is date tight tight,

786
00:36:46,680 --> 00:36:51,120
Speaker 3: very expensive like cars, very expensive, and we need more

787
00:36:51,160 --> 00:36:56,440
Speaker 3: affordable housing and we need more doors in Cincinnati. Would

788
00:36:56,480 --> 00:37:00,600
Speaker 3: you live in a place that was above a police

789
00:37:00,600 --> 00:37:04,680
Speaker 3: station or a firehouse? Now think about well the noise

790
00:37:04,719 --> 00:37:07,960
Speaker 3: issue for example, that is a proposal for Mark Jefferies

791
00:37:08,400 --> 00:37:12,080
Speaker 3: to put a dent into our housing supply shortage with

792
00:37:12,160 --> 00:37:13,799
Speaker 3: affordable housing here in Cincinnati.

793
00:37:14,200 --> 00:37:15,919
Speaker 2: I said, you look at it, you go, wait, what's

794
00:37:15,960 --> 00:37:16,360
Speaker 2: he gonna do?

795
00:37:16,360 --> 00:37:19,000
Speaker 3: You're gonna put You're gonna live above a fire a

796
00:37:19,040 --> 00:37:23,320
Speaker 3: fire station, a police station. Why does this make sense?

797
00:37:23,480 --> 00:37:25,400
Speaker 3: You'll lay it out next on the show seven hundred

798
00:37:25,400 --> 00:37:29,880
Speaker 3: WWD Cincinnati. You want to be an American flowing out

799
00:37:29,920 --> 00:37:34,400
Speaker 3: seven hundred w LW. Could this idea help tackle the

800
00:37:34,400 --> 00:37:37,720
Speaker 3: housing crisis? You know w a housing pinch, housing crunch,

801
00:37:38,040 --> 00:37:41,000
Speaker 3: and the idea is to stack housing on top of

802
00:37:41,080 --> 00:37:45,719
Speaker 3: firehouses and police stations. Council Member Mark Jefferies is here

803
00:37:45,760 --> 00:37:50,600
Speaker 3: to discuss on seven hundred WLW Mark, Good morning morning. No,

804
00:37:50,640 --> 00:37:52,920
Speaker 3: when I first heard this, I chuckle. It seems I

805
00:37:52,920 --> 00:37:54,719
Speaker 3: don't know why. It just seems silly, you know what

806
00:37:54,760 --> 00:37:55,080
Speaker 3: I mean.

807
00:37:57,520 --> 00:38:00,560
Speaker 6: Yeah, Look, it's it's an interesting to think out of

808
00:38:00,560 --> 00:38:03,160
Speaker 6: the box given the crisis that we have in housing.

809
00:38:03,680 --> 00:38:04,319
Speaker 5: Look, this is.

810
00:38:04,280 --> 00:38:08,560
Speaker 6: Happening throughout the country. You think about all the types

811
00:38:08,560 --> 00:38:13,600
Speaker 6: of buildings that any city built, Yes, firehouses, police stations,

812
00:38:13,640 --> 00:38:18,320
Speaker 6: but rec centers, health centers, and we build the base,

813
00:38:18,760 --> 00:38:22,200
Speaker 6: you know, the first floor typically, and there's an opportunity

814
00:38:22,239 --> 00:38:24,719
Speaker 6: to build a couple of floors on top of that.

815
00:38:25,120 --> 00:38:28,000
Speaker 6: And in a lot of other cities that enables a

816
00:38:28,000 --> 00:38:31,799
Speaker 6: lot more senior affordable housing because the economics work. The

817
00:38:31,840 --> 00:38:35,200
Speaker 6: city's already spending money to build a foundation, so then

818
00:38:35,239 --> 00:38:37,640
Speaker 6: a developer just comes in and builds the housing our top.

819
00:38:38,239 --> 00:38:39,799
Speaker 6: So I think it's an opportunity. It's not going to

820
00:38:39,880 --> 00:38:44,040
Speaker 6: solve our housing crisis, but it's one way to add

821
00:38:44,080 --> 00:38:48,080
Speaker 6: more units for people who may want to live in

822
00:38:48,080 --> 00:38:50,480
Speaker 6: a rangement like that. It's not for everyone, but some

823
00:38:50,560 --> 00:38:55,080
Speaker 6: folks may very well want to live in a rec center.

824
00:38:55,200 --> 00:38:57,240
Speaker 3: Yeah, a rec center. I mean you just mentioned police

825
00:38:57,239 --> 00:38:59,840
Speaker 3: and fire stations. I guess maybe the fire station or

826
00:39:00,040 --> 00:39:01,880
Speaker 3: lease stations, particularly the fire station. One to me is

827
00:39:02,480 --> 00:39:04,600
Speaker 3: I mean, are you going to be people with with

828
00:39:05,200 --> 00:39:07,640
Speaker 3: that are hard of hearing or hearing issues seniors, because

829
00:39:07,640 --> 00:39:10,960
Speaker 3: it's I don't know about. If I ever a firehouse,

830
00:39:11,000 --> 00:39:12,320
Speaker 3: I've been around, it's pretty loud.

831
00:39:13,560 --> 00:39:14,840
Speaker 2: Yeah, it's funny.

832
00:39:14,880 --> 00:39:16,719
Speaker 6: I chuckle at that as well. But if you think

833
00:39:16,760 --> 00:39:18,560
Speaker 6: about I mean, I live in Clifton on Love Low.

834
00:39:18,600 --> 00:39:22,160
Speaker 6: People live literally right next to the fire station. Over

835
00:39:22,280 --> 00:39:25,800
Speaker 6: in Westwood, the firehouses people live across or next to it.

836
00:39:26,120 --> 00:39:30,600
Speaker 6: Most fire trucks these days when they leave, they don't

837
00:39:30,760 --> 00:39:35,680
Speaker 6: put their sirens on right away anyway. And so you know,

838
00:39:35,800 --> 00:39:37,920
Speaker 6: I mean, yes, it's as I said, it may not

839
00:39:38,000 --> 00:39:41,160
Speaker 6: be for everyone, but I think it's an opportunity to

840
00:39:41,360 --> 00:39:42,960
Speaker 6: add more housing units.

841
00:39:43,000 --> 00:39:44,480
Speaker 5: And here's the thing, Scott.

842
00:39:44,520 --> 00:39:47,479
Speaker 6: You know, we added about five thousand people in terms

843
00:39:47,520 --> 00:39:52,200
Speaker 6: of population, and we're only adding about a thousand units

844
00:39:52,239 --> 00:39:55,400
Speaker 6: net of new housing a year, right, And what that

845
00:39:55,480 --> 00:39:59,120
Speaker 6: means pure supply is a man is that as a result,

846
00:39:59,239 --> 00:40:02,320
Speaker 6: prices are going up, and so we need more housing.

847
00:40:02,719 --> 00:40:06,200
Speaker 6: And this is a creative solution that we'll add more housing.

848
00:40:06,480 --> 00:40:09,439
Speaker 3: It's true, not just in Cincinnati, but everywhere. The price

849
00:40:09,440 --> 00:40:12,520
Speaker 3: of housing as we know, is going up exorbitantly these days.

850
00:40:12,760 --> 00:40:14,759
Speaker 3: I had a started earlier this morning at nine oh

851
00:40:14,800 --> 00:40:17,720
Speaker 3: six on the podcast, and the average price Mark Jeffreys

852
00:40:17,719 --> 00:40:20,560
Speaker 3: of a new car has just the average price now

853
00:40:20,600 --> 00:40:22,880
Speaker 3: has just passed the fifty thousand dollars.

854
00:40:22,960 --> 00:40:23,160
Speaker 2: Mark.

855
00:40:24,840 --> 00:40:26,560
Speaker 3: Let that's sank in for a second. I mean that's

856
00:40:26,640 --> 00:40:28,439
Speaker 3: that's car, but housings right up there too.

857
00:40:30,040 --> 00:40:30,239
Speaker 2: Yeah.

858
00:40:30,280 --> 00:40:33,560
Speaker 6: I mean, look, Scott, the you know, the average average

859
00:40:33,760 --> 00:40:37,600
Speaker 6: age of a new home buyers forty now. Several years

860
00:40:37,600 --> 00:40:40,480
Speaker 6: ago it was thirty something. In the sixties it was twenty,

861
00:40:40,840 --> 00:40:42,440
Speaker 6: I mean forty, and you take out a thirty year

862
00:40:42,480 --> 00:40:46,720
Speaker 6: mortgage here in your seventies, yep, before you're even paying

863
00:40:46,719 --> 00:40:50,040
Speaker 6: off the pain off the mortgage, and the I mean,

864
00:40:50,080 --> 00:40:51,640
Speaker 6: the American dream is just unattainable.

865
00:40:52,840 --> 00:40:54,880
Speaker 2: Okay. If you're younger, you feel like the screws.

866
00:40:54,920 --> 00:40:58,560
Speaker 3: I mean, I'm someone behind the baby boomer generation and

867
00:40:58,600 --> 00:41:01,920
Speaker 3: I feel like, Wow, I'm getting squeeze. I can only imagine,

868
00:41:01,880 --> 00:41:03,760
Speaker 3: you know, you're a gen Z of millennials, but particularly

869
00:41:03,760 --> 00:41:06,600
Speaker 3: Gen z RS right now. But is this enough housing

870
00:41:06,640 --> 00:41:08,239
Speaker 3: units to make a dent in it?

871
00:41:08,360 --> 00:41:09,839
Speaker 2: Mark? I mean, what are we actually talking about?

872
00:41:09,880 --> 00:41:09,960
Speaker 6: Her?

873
00:41:11,000 --> 00:41:11,360
Speaker 2: Yeah?

874
00:41:11,400 --> 00:41:15,120
Speaker 6: So as I preface, it's not going to solve. It's

875
00:41:15,160 --> 00:41:17,080
Speaker 6: going to take a lot of these things. We legalize

876
00:41:17,080 --> 00:41:20,400
Speaker 6: the desperate dwelling units, you remember that. I've met somebody

877
00:41:20,440 --> 00:41:22,760
Speaker 6: the other day who added it. They moved their parents

878
00:41:22,760 --> 00:41:25,399
Speaker 6: in their backyard and they absolutely love it.

879
00:41:26,120 --> 00:41:27,600
Speaker 5: You know, So you get incremental units.

880
00:41:27,640 --> 00:41:30,040
Speaker 6: It's not gonna there's no silver bullets that's going to

881
00:41:30,160 --> 00:41:32,960
Speaker 6: solve all of the housing needs. But look if we

882
00:41:33,000 --> 00:41:35,560
Speaker 6: can add a couple hundred units as a result of this,

883
00:41:36,480 --> 00:41:38,840
Speaker 6: when you when you think about it, it's got you know,

884
00:41:38,920 --> 00:41:41,879
Speaker 6: we sold the railroad, we're you know, in principle, we've

885
00:41:41,920 --> 00:41:47,360
Speaker 6: got twice as much investment going into UH into city projects,

886
00:41:48,080 --> 00:41:51,279
Speaker 6: including we're going to build three new firehouses yep. And

887
00:41:51,360 --> 00:41:53,120
Speaker 6: so over the next couple of years, we're going to

888
00:41:53,160 --> 00:41:55,440
Speaker 6: be added more off the structure. And and what I've

889
00:41:55,480 --> 00:41:57,560
Speaker 6: asked the administration to do is just look where does

890
00:41:57,600 --> 00:42:01,000
Speaker 6: it make sense. It may not make sense everywhere, but

891
00:42:01,280 --> 00:42:03,080
Speaker 6: as they look at their massive plan of where we're

892
00:42:03,080 --> 00:42:05,240
Speaker 6: going to build new units. I'll give you an example

893
00:42:05,280 --> 00:42:07,759
Speaker 6: in Oakley, we built a new rec center there that

894
00:42:07,760 --> 00:42:10,040
Speaker 6: would have been perfect. You know, I know I do

895
00:42:10,120 --> 00:42:12,799
Speaker 6: know some people that said well, they would love to

896
00:42:12,800 --> 00:42:15,120
Speaker 6: live on top of a wreck and have a workout,

897
00:42:15,480 --> 00:42:17,560
Speaker 6: They can go out and you know, leave their kids

898
00:42:17,840 --> 00:42:21,440
Speaker 6: at the daycare. You know. Again, except for everyone, but

899
00:42:21,480 --> 00:42:21,879
Speaker 6: for some.

900
00:42:22,440 --> 00:42:23,920
Speaker 3: Yeah, no, no, that seems like I mean that that

901
00:42:24,000 --> 00:42:25,839
Speaker 3: does seem like a good idea as long as you know,

902
00:42:26,120 --> 00:42:29,440
Speaker 3: I'm curious how many people are going to wind up

903
00:42:29,480 --> 00:42:31,880
Speaker 3: running these places. But how do you ensure that housing

904
00:42:32,000 --> 00:42:34,320
Speaker 3: is built on top of these new structures, Mark Jefferies,

905
00:42:34,400 --> 00:42:37,400
Speaker 3: is generally affordable and not just a little less expensive

906
00:42:37,400 --> 00:42:38,640
Speaker 3: than luxury market rates.

907
00:42:39,920 --> 00:42:43,319
Speaker 6: Yeah, I mean, the reality is, I think the economics

908
00:42:43,640 --> 00:42:47,920
Speaker 6: will be in principle much better because if you think

909
00:42:47,920 --> 00:42:50,640
Speaker 6: about let's say a rec center, the city is paying

910
00:42:50,640 --> 00:42:52,880
Speaker 6: to build the foundation, of paying to build the first floor,

911
00:42:53,360 --> 00:42:56,320
Speaker 6: and so that has stunt costs for whatever developers and

912
00:42:56,400 --> 00:42:59,960
Speaker 6: developers paying for, you know, floors two, three, four, five, one,

913
00:43:00,040 --> 00:43:03,239
Speaker 6: ever the case may be. And so in principle, what

914
00:43:03,280 --> 00:43:06,520
Speaker 6: we've seen around the country as a result is those

915
00:43:06,640 --> 00:43:10,319
Speaker 6: units are a lot more affordable, especially for seniors. I mean,

916
00:43:10,360 --> 00:43:12,920
Speaker 6: look to our earlier conversation, and these folks who are

917
00:43:12,920 --> 00:43:15,960
Speaker 6: in their sixties, seventies and maybe have fixed income, and

918
00:43:16,160 --> 00:43:19,640
Speaker 6: prices are going up, rents are going up. They need

919
00:43:19,760 --> 00:43:23,640
Speaker 6: predictable places to live where they know exactly how much

920
00:43:23,719 --> 00:43:24,640
Speaker 6: their rent is going to be.

921
00:43:24,680 --> 00:43:25,560
Speaker 5: And they can't, you.

922
00:43:25,480 --> 00:43:27,200
Speaker 6: Know, they don't have flexible income for a lot of

923
00:43:27,200 --> 00:43:30,480
Speaker 6: folks who are you know, in their seventies plus.

924
00:43:30,640 --> 00:43:32,759
Speaker 3: Right, Well, I guess what happens is, so the city

925
00:43:32,800 --> 00:43:34,560
Speaker 3: would buy property. Let's say they're can to develop a

926
00:43:34,560 --> 00:43:36,000
Speaker 3: rec center like an Oakley if you could go in

927
00:43:36,000 --> 00:43:38,319
Speaker 3: the way back machine and do it there. All right,

928
00:43:38,360 --> 00:43:40,480
Speaker 3: so you own, you buy the land very expensive, You

929
00:43:40,520 --> 00:43:44,279
Speaker 3: build in the structure as long as you're digging and developing.

930
00:43:44,880 --> 00:43:47,120
Speaker 3: You put down bigger footer so it can support a

931
00:43:47,160 --> 00:43:51,719
Speaker 3: building above a building. And now the developer goes, okay, good,

932
00:43:51,719 --> 00:43:53,839
Speaker 3: we're going to seal or rent these buildings out. Why

933
00:43:53,880 --> 00:43:55,880
Speaker 3: wouldn't they just try to get market rate, which is

934
00:43:55,920 --> 00:43:57,840
Speaker 3: going to be higher than a lot of people can afford.

935
00:43:58,160 --> 00:44:01,440
Speaker 3: Does that undermine the affordability issue?

936
00:44:02,520 --> 00:44:04,879
Speaker 6: Yeah? I mean I think that comes back to who

937
00:44:04,920 --> 00:44:08,880
Speaker 6: we partner with and what developer and what the agreement

938
00:44:09,000 --> 00:44:11,400
Speaker 6: is with the developer. And that's where in the early

939
00:44:11,440 --> 00:44:13,680
Speaker 6: stages of this right, I've just asked the administration to

940
00:44:13,719 --> 00:44:16,560
Speaker 6: go out and identify where the buildings and then have

941
00:44:16,880 --> 00:44:21,720
Speaker 6: conversations with different developers, especially ones who build affordable houses,

942
00:44:22,040 --> 00:44:23,920
Speaker 6: and I think that would be part of the agreement,

943
00:44:24,520 --> 00:44:29,400
Speaker 6: is that they're building that had income restricted housing on

944
00:44:29,480 --> 00:44:30,160
Speaker 6: these units.

945
00:44:30,320 --> 00:44:33,360
Speaker 3: Okay, he's got some member, Mark Jeffries, with a novel

946
00:44:33,400 --> 00:44:35,840
Speaker 3: approach here to help put a dent into the city's

947
00:44:35,840 --> 00:44:38,960
Speaker 3: housing crisis. And it's a crisis that's repeated in every

948
00:44:39,000 --> 00:44:41,960
Speaker 3: town across America, and saying, hey, you know, if the

949
00:44:41,960 --> 00:44:45,840
Speaker 3: city's going to start building new fire stations, police stations,

950
00:44:45,880 --> 00:44:48,879
Speaker 3: rec centers, things like that with the money from the

951
00:44:49,320 --> 00:44:53,240
Speaker 3: railway fund, well, then shouldn't we think about maybe putting

952
00:44:53,239 --> 00:44:55,440
Speaker 3: housing atop some of these buildings. I don't know how

953
00:44:55,480 --> 00:44:57,920
Speaker 3: many people want to live above a fire station or

954
00:44:58,000 --> 00:45:00,399
Speaker 3: police station, but rec centers and other buildings like that.

955
00:45:00,520 --> 00:45:03,560
Speaker 3: Possibly does this help put a small vent, But any

956
00:45:03,760 --> 00:45:05,920
Speaker 3: little bite of the apple, of course, is better than nothing.

957
00:45:05,920 --> 00:45:09,200
Speaker 3: I would say in that regard, though, how many other

958
00:45:09,239 --> 00:45:11,040
Speaker 3: cities are doing this in to what success?

959
00:45:12,280 --> 00:45:12,480
Speaker 5: Yeah?

960
00:45:12,520 --> 00:45:16,440
Speaker 6: I mean I just saw an example yesterday of a

961
00:45:16,480 --> 00:45:20,600
Speaker 6: smaller city in Oregon, just outside like Portland or whatever,

962
00:45:21,320 --> 00:45:25,000
Speaker 6: and they built housing on top of the libraries in

963
00:45:25,080 --> 00:45:29,480
Speaker 6: town and its senior affordable, I think below sixty percent

964
00:45:29,520 --> 00:45:34,120
Speaker 6: average union income. There are several cities throughout the country

965
00:45:34,719 --> 00:45:38,880
Speaker 6: that have done this, and so it's not a completely

966
00:45:39,040 --> 00:45:42,319
Speaker 6: unique approach. It's been done before. It just hasn't been

967
00:45:42,400 --> 00:45:47,040
Speaker 6: done here, and you know, it'll drive some incremental units

968
00:45:47,920 --> 00:45:50,320
Speaker 6: and definitely worth running the ground. Look, I mean, it

969
00:45:50,400 --> 00:45:53,719
Speaker 6: may not resolve everything, but it adds a little bit.

970
00:45:53,760 --> 00:45:54,720
Speaker 6: Then I think we're.

971
00:45:54,560 --> 00:45:56,920
Speaker 3: Much I don't think it's I don't think it's a

972
00:45:56,920 --> 00:45:59,319
Speaker 3: game changer. Like, for example, the ordinance allows people to

973
00:45:59,360 --> 00:46:03,719
Speaker 3: take their freestanding garages and an accessory dwelling unit and

974
00:46:03,960 --> 00:46:07,000
Speaker 3: turn that into livable housing. That to me seems a

975
00:46:07,080 --> 00:46:09,279
Speaker 3: very novel approach because it's good for the homeowner, it's

976
00:46:09,320 --> 00:46:12,040
Speaker 3: good for tenants. It gets more doors out there that

977
00:46:12,080 --> 00:46:14,520
Speaker 3: we desperately need. But this is you know, it's I

978
00:46:14,520 --> 00:46:17,759
Speaker 3: guess it's a practical solution here. You're already going to

979
00:46:17,800 --> 00:46:20,120
Speaker 3: build these things, why not put some extra housing above

980
00:46:20,120 --> 00:46:22,520
Speaker 3: it and try to take some of that load off.

981
00:46:22,560 --> 00:46:24,480
Speaker 3: I mean, no, it makes sense. We're not just building

982
00:46:24,520 --> 00:46:27,440
Speaker 3: things to build them for housing. We're actually constructing things

983
00:46:27,440 --> 00:46:31,680
Speaker 3: that the community needs and then leveraging that because you're

984
00:46:31,680 --> 00:46:33,279
Speaker 3: already own the property in the building. I mean, no,

985
00:46:33,360 --> 00:46:34,719
Speaker 3: it makes makes a lot of sense in a lot

986
00:46:34,760 --> 00:46:36,600
Speaker 3: of regards long as we start small and see how

987
00:46:36,600 --> 00:46:41,440
Speaker 3: it goes. How many properties top of your head, mark Jefferies,

988
00:46:41,480 --> 00:46:43,920
Speaker 3: do you see or how many developments out there that

989
00:46:44,000 --> 00:46:47,120
Speaker 3: are pending or on the horizon with this money? Now,

990
00:46:47,280 --> 00:46:49,200
Speaker 3: do you see where this would fit in any specific

991
00:46:49,239 --> 00:46:53,000
Speaker 3: examples of where might do this? I mean, I do know.

992
00:46:53,400 --> 00:46:56,480
Speaker 6: We have at least three firehouses that we're gonna build

993
00:46:56,520 --> 00:46:59,080
Speaker 6: in the next few years. I think it will probably

994
00:46:59,080 --> 00:47:01,080
Speaker 6: renovate a couple of help let me think about the

995
00:47:01,080 --> 00:47:03,800
Speaker 6: city has health centers as well. I mean we're building

996
00:47:03,840 --> 00:47:07,280
Speaker 6: the Overrye over the Ryan Rec Center now, so that's

997
00:47:07,400 --> 00:47:09,839
Speaker 6: kind of that ship has sailed, you know, But you're

998
00:47:09,880 --> 00:47:12,640
Speaker 6: probably talking about, you know, over the next ten years,

999
00:47:12,800 --> 00:47:15,440
Speaker 6: maybe a dozen or so at most where this could apply.

1000
00:47:16,480 --> 00:47:22,560
Speaker 6: But you know, a dozen with maybe fifty or fewer

1001
00:47:22,800 --> 00:47:25,960
Speaker 6: units on top. You know that's you know that that

1002
00:47:26,040 --> 00:47:26,759
Speaker 6: starts that up.

1003
00:47:27,120 --> 00:47:29,080
Speaker 3: Yeah, well, I mean you know you're spending the money already.

1004
00:47:29,160 --> 00:47:31,960
Speaker 3: The bulk of money, as I said, is in the structure,

1005
00:47:32,000 --> 00:47:34,160
Speaker 3: the buying the land and everything is like a little

1006
00:47:34,200 --> 00:47:36,239
Speaker 3: gravy on top. And if you can maybe even make

1007
00:47:36,280 --> 00:47:38,560
Speaker 3: some money off that too and put it back into

1008
00:47:38,600 --> 00:47:40,800
Speaker 3: the fund, that's probably even better for taxpayer.

1009
00:47:40,880 --> 00:47:42,560
Speaker 2: So it works out there. Any of these.

1010
00:47:42,440 --> 00:47:45,520
Speaker 3: Areas you mentioned, and I know it's like Frisco is

1011
00:47:45,560 --> 00:47:47,640
Speaker 3: doing it, you said Portland. Are there any problems they've

1012
00:47:47,680 --> 00:47:48,239
Speaker 3: run into with this?

1013
00:47:50,000 --> 00:47:50,200
Speaker 2: No?

1014
00:47:50,280 --> 00:47:53,000
Speaker 6: I mean, I think it really depends on having a

1015
00:47:53,120 --> 00:47:55,880
Speaker 6: strong partner and a developer. And we have a lot

1016
00:47:55,920 --> 00:48:01,279
Speaker 6: of local developers who produce, especially IF units, and I

1017
00:48:01,280 --> 00:48:03,600
Speaker 6: think it's just making sure that you've got the right

1018
00:48:03,840 --> 00:48:07,080
Speaker 6: partner who has a track record of, you know, really

1019
00:48:07,320 --> 00:48:10,279
Speaker 6: caring about the types of units that they're developing. And

1020
00:48:10,400 --> 00:48:12,800
Speaker 6: we've got a lot of those, so I think that's

1021
00:48:13,200 --> 00:48:14,080
Speaker 6: that's really the key.

1022
00:48:14,560 --> 00:48:18,160
Speaker 2: And yeah, are there any liability issues there?

1023
00:48:18,200 --> 00:48:20,440
Speaker 3: I mean, you know, police stations can be dangerous places,

1024
00:48:20,480 --> 00:48:24,200
Speaker 3: firehouses are noisy, and you've got big equipment coming in there.

1025
00:48:24,239 --> 00:48:26,320
Speaker 3: Any any risk liability concerns?

1026
00:48:27,360 --> 00:48:27,400
Speaker 5: No?

1027
00:48:27,560 --> 00:48:29,239
Speaker 6: I mean I think a lot of the places that

1028
00:48:29,400 --> 00:48:32,600
Speaker 6: do it, they've got separate entrances. Obviously you're not going

1029
00:48:32,640 --> 00:48:34,839
Speaker 6: to be walking through a firehouse or a police station.

1030
00:48:35,000 --> 00:48:36,799
Speaker 2: Wait a minute, I don't get to slide down the pole.

1031
00:48:36,840 --> 00:48:41,440
Speaker 5: What the hell.

1032
00:48:41,480 --> 00:48:42,000
Speaker 2: Late for work.

1033
00:48:42,400 --> 00:48:44,279
Speaker 6: Look, I mean a lot of people might feel a

1034
00:48:44,320 --> 00:48:47,719
Speaker 6: little bit safer u being on top of and as

1035
00:48:47,760 --> 00:48:51,399
Speaker 6: I said, look, I mean said the noise issue. There

1036
00:48:51,440 --> 00:48:53,960
Speaker 6: are a lot of places in the city where people

1037
00:48:54,000 --> 00:48:58,719
Speaker 6: live right next to a firehouse station and uh, you know,

1038
00:48:58,800 --> 00:49:01,239
Speaker 6: they they manage, and so I think a lot of

1039
00:49:01,239 --> 00:49:04,279
Speaker 6: folks might feel particularly safe, you know, on top of

1040
00:49:04,320 --> 00:49:05,360
Speaker 6: it or right next to it.

1041
00:49:05,880 --> 00:49:09,080
Speaker 3: Right And you also wanted to build this ordinance to

1042
00:49:09,080 --> 00:49:11,319
Speaker 3: to you know, to future profit so someone doesn't come

1043
00:49:11,360 --> 00:49:13,560
Speaker 3: in and overturn it. But you know, you're talking such

1044
00:49:13,560 --> 00:49:17,080
Speaker 3: a small number of units, I can't imagine it being

1045
00:49:17,120 --> 00:49:22,080
Speaker 3: a problem. What about the element though, the contentious Southern

1046
00:49:22,600 --> 00:49:25,560
Speaker 3: Railway Trust Fund, And of course that whole thing was

1047
00:49:25,480 --> 00:49:27,560
Speaker 3: was something contentious to about what you're going to do

1048
00:49:27,560 --> 00:49:29,680
Speaker 3: with the money. And for those who said, wow, here

1049
00:49:29,680 --> 00:49:31,160
Speaker 3: we go, we're gonna get off in the weeds. Now

1050
00:49:31,200 --> 00:49:33,600
Speaker 3: we're going to take this money. It was destined for infrastructure,

1051
00:49:33,600 --> 00:49:37,720
Speaker 3: our crappy roads and intersections, lights, public safety, maybe some buildings,

1052
00:49:37,760 --> 00:49:39,560
Speaker 3: and now we're going to start building housing out of

1053
00:49:39,600 --> 00:49:41,840
Speaker 3: it that has nothing to do with infrastructure. That's a

1054
00:49:41,840 --> 00:49:44,560
Speaker 3: separate deal entirely. It feels like a legal challenge may

1055
00:49:44,560 --> 00:49:45,000
Speaker 3: come out of this.

1056
00:49:46,880 --> 00:49:49,640
Speaker 6: Well, what I would say is none of that. First

1057
00:49:49,680 --> 00:49:53,240
Speaker 6: of all, we are legally prohibited from using that money

1058
00:49:53,320 --> 00:49:58,520
Speaker 6: for anything other than current infrastructure. And so if we're

1059
00:49:59,040 --> 00:50:02,400
Speaker 6: you know, building you the structure, that money legally cannot

1060
00:50:02,440 --> 00:50:05,560
Speaker 6: be used, you know, And so it is purely for

1061
00:50:06,239 --> 00:50:08,239
Speaker 6: current infrastructure. So it's not gonna be used to build

1062
00:50:08,320 --> 00:50:11,560
Speaker 6: housing on top of anything. So that money would be

1063
00:50:11,680 --> 00:50:14,280
Speaker 6: a partnership with a developer. If the city is building

1064
00:50:14,320 --> 00:50:17,960
Speaker 6: the structure or renovating the structure, and then on top

1065
00:50:18,040 --> 00:50:20,239
Speaker 6: the developer would cover that. And it's your point that

1066
00:50:21,000 --> 00:50:23,800
Speaker 6: can be covered in the legal parameters. I think the

1067
00:50:25,160 --> 00:50:27,799
Speaker 6: guard rails on the rail funds.

1068
00:50:27,560 --> 00:50:28,239
Speaker 7: Are pretty clear.

1069
00:50:28,400 --> 00:50:28,760
Speaker 2: Gotcha.

1070
00:50:28,800 --> 00:50:30,680
Speaker 3: So the rail money would bid to the LA Rec Center,

1071
00:50:30,719 --> 00:50:33,480
Speaker 3: police station, fire station. If you decide to do this

1072
00:50:33,560 --> 00:50:36,120
Speaker 3: element of adding on and building up, that's a whole

1073
00:50:36,160 --> 00:50:39,400
Speaker 3: separate fund in different money that's going to come in

1074
00:50:39,480 --> 00:50:41,800
Speaker 3: to do that, and it's going to be in conjunction.

1075
00:50:42,000 --> 00:50:44,440
Speaker 6: And it's not city money. That would not be city money.

1076
00:50:44,440 --> 00:50:46,759
Speaker 6: The city would not be spending a dime on that.

1077
00:50:46,880 --> 00:50:48,600
Speaker 2: The developer ware would be got.

1078
00:50:48,640 --> 00:50:51,359
Speaker 6: A private developer coming in and building housing on top

1079
00:50:51,680 --> 00:50:52,200
Speaker 6: got it.

1080
00:50:52,960 --> 00:50:54,960
Speaker 3: But again we will see It's interesting. I don't know

1081
00:50:54,960 --> 00:50:57,440
Speaker 3: how the developer doesn't go okay, fine, well we're already

1082
00:50:57,440 --> 00:50:59,239
Speaker 3: doing this. We'll charge market rates. You're gonna have to

1083
00:50:59,239 --> 00:51:01,040
Speaker 3: put some guardrails in there to make sure if you

1084
00:51:01,080 --> 00:51:05,320
Speaker 3: want to do affordable housing or market rate housing, you

1085
00:51:05,520 --> 00:51:07,920
Speaker 3: you then have to instruct them saying, hey, look, you

1086
00:51:07,920 --> 00:51:10,080
Speaker 3: know we'll do this deal, but are you gonna put

1087
00:51:10,120 --> 00:51:12,160
Speaker 3: caps in for how much they can charge? But that

1088
00:51:12,239 --> 00:51:14,359
Speaker 3: kind of upends the free market because typically someone can

1089
00:51:14,400 --> 00:51:16,080
Speaker 3: afford it if it's a nicer place and go, yeah,

1090
00:51:16,080 --> 00:51:18,799
Speaker 3: I want to live above a rec center, tender track.

1091
00:51:18,840 --> 00:51:21,319
Speaker 3: Maybe more young urban professionals who are going to pay

1092
00:51:21,360 --> 00:51:24,000
Speaker 3: top dollar for that. But that then frees up inventory

1093
00:51:24,239 --> 00:51:25,239
Speaker 3: down the line a little bit.

1094
00:51:26,680 --> 00:51:29,520
Speaker 6: Yeah, I mean I think for you know, like we

1095
00:51:29,600 --> 00:51:31,320
Speaker 6: have a lot of developers like the Model Groups that

1096
00:51:31,400 --> 00:51:33,399
Speaker 6: does development in and round of the line, that does

1097
00:51:33,440 --> 00:51:36,960
Speaker 6: a lot of affordable units. You know, developers like that

1098
00:51:37,800 --> 00:51:41,240
Speaker 6: who can come in and say yes, they intend to

1099
00:51:41,320 --> 00:51:45,440
Speaker 6: make the units income restricted, and I think, you know,

1100
00:51:45,480 --> 00:51:48,000
Speaker 6: that's what we would have to ensure as we write

1101
00:51:48,040 --> 00:51:51,920
Speaker 6: the contract and partner with them.

1102
00:51:52,280 --> 00:51:54,680
Speaker 3: He's a council member Mark Jeffers and the Scotslan Show

1103
00:51:54,719 --> 00:51:58,359
Speaker 3: on seven hundred WLW. And the proposal here to take

1104
00:51:58,680 --> 00:52:02,640
Speaker 3: the development from the Cincinnat Southern Railway Trust funds. So

1105
00:52:02,680 --> 00:52:05,080
Speaker 3: it's going to be police stations and rec centers and

1106
00:52:05,120 --> 00:52:07,880
Speaker 3: firehouses and things, Paul libraries, things like that, and in

1107
00:52:07,920 --> 00:52:10,279
Speaker 3: a separate account to housing over the top of some

1108
00:52:10,360 --> 00:52:13,680
Speaker 3: of these buildings to alleviate the housing crisis in Cincinnati.

1109
00:52:14,480 --> 00:52:16,520
Speaker 3: And you know, it's a creative idea. It's a creative

1110
00:52:16,520 --> 00:52:18,839
Speaker 3: solution here. It'll put a small den in things. But again,

1111
00:52:18,880 --> 00:52:20,880
Speaker 3: any step forward in the right direction, I think is

1112
00:52:21,120 --> 00:52:22,120
Speaker 3: it's a pretty good idea.

1113
00:52:22,160 --> 00:52:22,399
Speaker 2: Mark.

1114
00:52:23,719 --> 00:52:24,920
Speaker 5: Yeah, no, I've scotten.

1115
00:52:24,960 --> 00:52:27,200
Speaker 6: The thing that I want to emphasize this books listening

1116
00:52:27,520 --> 00:52:31,640
Speaker 6: is the prior point. None of this money for housing

1117
00:52:31,719 --> 00:52:35,279
Speaker 6: on top would come from public dollars. This would not

1118
00:52:35,400 --> 00:52:38,320
Speaker 6: be railroad dollars or anything, because I think, you know, initially,

1119
00:52:38,320 --> 00:52:42,319
Speaker 6: when one might see that, they might conclude that. I

1120
00:52:42,360 --> 00:52:45,560
Speaker 6: think what it is is, hey, we're building these structures anyway,

1121
00:52:46,440 --> 00:52:49,279
Speaker 6: let's partner with somebody who then because you've already put

1122
00:52:49,280 --> 00:52:51,480
Speaker 6: this on costs and can build housing on top.

1123
00:52:51,960 --> 00:52:55,520
Speaker 3: Yeah, and you know I mentioned car is fifty thousand dollars,

1124
00:52:55,560 --> 00:52:58,080
Speaker 3: the average price of car in America and the housing

1125
00:52:58,600 --> 00:53:01,120
Speaker 3: price of housing and rent is going through the literally

1126
00:53:01,160 --> 00:53:04,000
Speaker 3: the roof as well. No pun intended something else had

1127
00:53:04,000 --> 00:53:05,600
Speaker 3: happened recently. I don't know, you only have a second

1128
00:53:05,640 --> 00:53:07,880
Speaker 3: for this, But during his stay the same mayor after that,

1129
00:53:07,960 --> 00:53:11,600
Speaker 3: purevol mentioned his pension bailout plan two hundred and fifty

1130
00:53:11,640 --> 00:53:14,799
Speaker 3: million dollars was stuck, you know, ten years ago to

1131
00:53:14,920 --> 00:53:18,080
Speaker 3: try and fully fund the city pension program. And now

1132
00:53:18,120 --> 00:53:20,720
Speaker 3: it's like, hey, we don't have enough money in twenty

1133
00:53:20,760 --> 00:53:23,200
Speaker 3: twenty six, and so now we've got another fifty million

1134
00:53:23,239 --> 00:53:25,600
Speaker 3: dollars going in the system, which is about you know,

1135
00:53:25,640 --> 00:53:29,120
Speaker 3: taking a significant by out of tax revenues. At some point,

1136
00:53:29,120 --> 00:53:31,480
Speaker 3: do you look at that model and go, it's antiquated,

1137
00:53:31,480 --> 00:53:35,080
Speaker 3: it's old. That employer funded or city funded pension plant

1138
00:53:35,120 --> 00:53:37,399
Speaker 3: plan doesn't work. Why don't we just move everyone over

1139
00:53:37,400 --> 00:53:38,160
Speaker 3: a four to one k.

1140
00:53:40,040 --> 00:53:42,480
Speaker 6: Yeah, I mean that's a lot bigger discussion. I mean,

1141
00:53:42,520 --> 00:53:46,359
Speaker 6: as you know, the Futures Commission had several recommendations on

1142
00:53:46,760 --> 00:53:52,440
Speaker 6: solvency on the pension. The proposal that was outlined last

1143
00:53:52,440 --> 00:53:56,400
Speaker 6: week was intended as kind of a compromise of the

1144
00:53:56,400 --> 00:54:01,080
Speaker 6: employer or employees actually increased their own content and then

1145
00:54:01,120 --> 00:54:05,600
Speaker 6: the city in turn is increasing their contribution. So it's

1146
00:54:05,640 --> 00:54:07,839
Speaker 6: intended as kind of a balance. But I think that's

1147
00:54:07,880 --> 00:54:10,799
Speaker 6: a bigger, longer term conversation is how do we make

1148
00:54:10,840 --> 00:54:15,120
Speaker 6: sure that, you know, I mean, it's the solvency of

1149
00:54:16,120 --> 00:54:19,719
Speaker 6: that fund and the impact on the city budgets well.

1150
00:54:20,000 --> 00:54:23,839
Speaker 3: Fixed you know, fixed pension plans are it's a dog.

1151
00:54:23,920 --> 00:54:26,200
Speaker 3: I mean, we'll it's losing all over the place, teachers

1152
00:54:26,200 --> 00:54:28,080
Speaker 3: and here in the city of Cincinnati. You can't afford

1153
00:54:28,480 --> 00:54:31,080
Speaker 3: fifty million every few years to prop this whole thing up.

1154
00:54:31,080 --> 00:54:33,080
Speaker 3: And at some point, you know, four oh one k's

1155
00:54:33,080 --> 00:54:36,520
Speaker 3: work wonderfully. I'm in one, and I know people go on,

1156
00:54:36,600 --> 00:54:38,960
Speaker 3: there's no guarant there's no guarantees anymore. I mean, pensions

1157
00:54:39,000 --> 00:54:42,480
Speaker 3: are you know, an idea that's at least fifty years old.

1158
00:54:42,960 --> 00:54:45,680
Speaker 3: They just simply don't work anymore. And I think it's

1159
00:54:45,760 --> 00:54:48,239
Speaker 3: unfair to burden people, especially younger tax payers and those

1160
00:54:48,239 --> 00:54:50,120
Speaker 3: who are trying to lure to Cincinnati by having to

1161
00:54:50,120 --> 00:54:50,800
Speaker 3: pay the freight on this.

1162
00:54:52,320 --> 00:54:52,560
Speaker 5: Yeah.

1163
00:54:52,600 --> 00:54:54,080
Speaker 6: I mean, look, I have a four to one k

1164
00:54:54,239 --> 00:54:58,000
Speaker 6: myself for my company, and my wife through her pediatric

1165
00:54:58,080 --> 00:55:02,680
Speaker 6: office as well. So I mean I hear you. I

1166
00:55:02,719 --> 00:55:05,319
Speaker 6: think this is a larger discussion that we need to

1167
00:55:05,360 --> 00:55:07,880
Speaker 6: have that came out of the Futures Commission of how

1168
00:55:07,920 --> 00:55:10,880
Speaker 6: do we make sure that our physical health is strong

1169
00:55:11,160 --> 00:55:14,399
Speaker 6: going forward? Yeah, and you know there's a lot more

1170
00:55:14,440 --> 00:55:15,279
Speaker 6: that we need to do on that.

1171
00:55:15,440 --> 00:55:18,280
Speaker 3: Yeah, we'll have a separate conversation there, but that definitely

1172
00:55:18,280 --> 00:55:20,880
Speaker 3: has to change. He's Console member Mark Jeffries. Thanks for

1173
00:55:20,960 --> 00:55:22,520
Speaker 3: jumping on the show again. Mark, have a great day.

1174
00:55:23,000 --> 00:55:24,320
Speaker 6: Appreciate it's got tickare.

1175
00:55:24,080 --> 00:55:24,759
Speaker 2: Take care all the best.

1176
00:55:24,840 --> 00:55:26,520
Speaker 3: Let me get a news updated and that's about five

1177
00:55:26,520 --> 00:55:29,799
Speaker 3: minutes away here on seven hundred WW. The whipsaw, whether

1178
00:55:29,840 --> 00:55:32,360
Speaker 3: we have warm temperatures, We've got more snow coming and

1179
00:55:32,360 --> 00:55:35,560
Speaker 3: then more warm temperatures. As Mom would say, you're gonna

1180
00:55:35,600 --> 00:55:38,440
Speaker 3: get sick, You're gonna catch your death. Full forecast traffic,

1181
00:55:38,480 --> 00:55:40,799
Speaker 3: all that just minutes away here on the Big One

1182
00:55:40,840 --> 00:55:45,520
Speaker 3: seven hundred WW. iHeartMedia and seven hundred WW. Salute Cincinnati's

1183
00:55:45,520 --> 00:55:47,319
Speaker 3: own Procter and Gamble. If you've got someone there you'd

1184
00:55:47,320 --> 00:55:49,319
Speaker 3: like for us to recognize on air, Text or name

1185
00:55:49,400 --> 00:55:55,720
Speaker 3: to fifty one eight eighty one and be listening slowly

1186
00:55:55,760 --> 00:56:03,479
Speaker 3: back on seven hundred WLW. A couple of things going

1187
00:56:03,520 --> 00:56:07,919
Speaker 3: on this I don't know if you follow. I've really

1188
00:56:07,920 --> 00:56:09,680
Speaker 3: done the BAFT Awards, which are a British thing. I

1189
00:56:09,680 --> 00:56:11,600
Speaker 3: don't even know what the hell that is, but it's

1190
00:56:11,640 --> 00:56:14,920
Speaker 3: really interesting the controversy surrounding this thing. So they had

1191
00:56:14,920 --> 00:56:18,200
Speaker 3: the word so on what Sunday, And there was a

1192
00:56:18,239 --> 00:56:23,200
Speaker 3: Touret syndrome activist named John Davidson who during the presentation

1193
00:56:23,320 --> 00:56:27,040
Speaker 3: he was seated in the crowd in the audience, and

1194
00:56:27,160 --> 00:56:31,239
Speaker 3: during the ceremony, Black actors del Roy Lindo and Michael B.

1195
00:56:31,360 --> 00:56:34,799
Speaker 3: Jordan were on stage and Davidson was there. The guy

1196
00:56:34,800 --> 00:56:37,280
Speaker 3: with the tourettes was attending because the film I Swear

1197
00:56:37,840 --> 00:56:41,239
Speaker 3: was nominated for awards. I Swear was inspired by his

1198
00:56:41,360 --> 00:56:44,000
Speaker 3: life with Tourette syndrome. And as you know, Tourette syndrome

1199
00:56:44,960 --> 00:56:47,280
Speaker 3: not in all cases, but in a number of cases

1200
00:56:47,360 --> 00:56:52,239
Speaker 3: makes you say things under nervousness that you know. The

1201
00:56:52,239 --> 00:56:56,960
Speaker 3: extreme examples are people would use very horrible and coarse language,

1202
00:56:58,360 --> 00:57:03,480
Speaker 3: and in the case of Davidson, he was blurting out

1203
00:57:03,600 --> 00:57:05,680
Speaker 3: during the award the N word.

1204
00:57:06,120 --> 00:57:07,360
Speaker 2: What the N word?

1205
00:57:09,360 --> 00:57:11,640
Speaker 3: So the host addressed the Ausbers a couple of times

1206
00:57:11,719 --> 00:57:18,880
Speaker 3: he explained that Tourett's syndram ticks are in voluntary, and

1207
00:57:18,920 --> 00:57:21,080
Speaker 3: then afterwards, of course there was all hauled up to

1208
00:57:21,080 --> 00:57:23,600
Speaker 3: pay for that. Jamie Fox fired back on social media.

1209
00:57:23,640 --> 00:57:26,840
Speaker 3: He said the incident was unacceptable and that he meant

1210
00:57:26,920 --> 00:57:30,800
Speaker 3: that bleep that Davidson actually meant it, which if it's

1211
00:57:30,840 --> 00:57:34,120
Speaker 3: an actual bonafide medical condition, and we all know about turetts,

1212
00:57:35,320 --> 00:57:39,480
Speaker 3: we know that not to be true. But still, the

1213
00:57:39,520 --> 00:57:42,280
Speaker 3: part about this whole thing was I think one journalist

1214
00:57:42,360 --> 00:57:44,080
Speaker 3: wrote something about how black people are supposed to be

1215
00:57:44,080 --> 00:57:46,760
Speaker 3: okay with being disrespected to human eyes, so other people

1216
00:57:46,800 --> 00:57:51,040
Speaker 3: don't feel bad. And the whole problem is the fact

1217
00:57:51,080 --> 00:57:53,800
Speaker 3: that this could have been avoided. Why would you put

1218
00:57:53,880 --> 00:57:56,640
Speaker 3: someone with Tourett's who I mean, I'm sure it's not

1219
00:57:56,680 --> 00:57:58,320
Speaker 3: the friend, and did he mean it? I would I'd

1220
00:57:58,360 --> 00:58:00,640
Speaker 3: side in him, knowing I don't know much about turets,

1221
00:58:00,680 --> 00:58:04,880
Speaker 3: but I know it's a real, real condition, and you

1222
00:58:04,960 --> 00:58:10,040
Speaker 3: know he's probably spurted put this word out there before himself, right,

1223
00:58:12,120 --> 00:58:15,439
Speaker 3: And so why would you take someone with that disability

1224
00:58:16,520 --> 00:58:21,040
Speaker 3: and put them in a position where they and you

1225
00:58:21,200 --> 00:58:23,400
Speaker 3: kind of thought he might do this because of the

1226
00:58:23,440 --> 00:58:25,840
Speaker 3: tension that put him in a position where this could

1227
00:58:25,880 --> 00:58:29,000
Speaker 3: happen in the first place. And the problem is this

1228
00:58:29,120 --> 00:58:32,560
Speaker 3: this whole victimhood hierarchy thing too. So you got this

1229
00:58:32,640 --> 00:58:37,320
Speaker 3: disabled person with Turetts harming someone from another marginalized group,

1230
00:58:37,800 --> 00:58:39,560
Speaker 3: and now you've got to rank victimhoods, So like it's

1231
00:58:39,560 --> 00:58:42,400
Speaker 3: a battle of victimhoods. Who's victim whose experience is worse

1232
00:58:42,520 --> 00:58:45,880
Speaker 3: the guy with Touret syndrome or Black America or blacks

1233
00:58:45,920 --> 00:58:51,040
Speaker 3: in America, And so everyone rushes to defend the guy

1234
00:58:51,080 --> 00:58:55,200
Speaker 3: with Turetts, But there's also harm done to well Lindo

1235
00:58:55,280 --> 00:58:59,840
Speaker 3: and Jordan, so that disability was being used as a shield, right,

1236
00:59:00,000 --> 00:59:05,600
Speaker 3: It's like the apology shouldn't really the apologies should have

1237
00:59:05,640 --> 00:59:08,680
Speaker 3: to come, is it? Apology come from black men or

1238
00:59:08,760 --> 00:59:13,160
Speaker 3: people with Turetts? And when it came out and said, well,

1239
00:59:13,160 --> 00:59:15,280
Speaker 3: if you're offended by this, that's not really an apology.

1240
00:59:16,400 --> 00:59:18,880
Speaker 3: We apologize if you're a friend it offended by this.

1241
00:59:20,080 --> 00:59:22,960
Speaker 3: So it almost seems like you're a bad person if

1242
00:59:23,000 --> 00:59:24,840
Speaker 3: you're offended by this, which is not true at all.

1243
00:59:24,880 --> 00:59:28,400
Speaker 3: It centers the disabled person's innocence rather than the harm

1244
00:59:28,440 --> 00:59:30,920
Speaker 3: done to the real people in the room and it

1245
00:59:31,000 --> 00:59:32,480
Speaker 3: kind of was a throw right. I have to agree

1246
00:59:32,480 --> 00:59:36,360
Speaker 3: with the journalists to put that out there now. Prior

1247
00:59:36,360 --> 00:59:38,480
Speaker 3: to this whole thing, guests were told before the show

1248
00:59:39,120 --> 00:59:41,760
Speaker 3: and there was a jumbo tron intro and there are

1249
00:59:41,800 --> 00:59:44,320
Speaker 3: two announcements made by the host, Alan Cumming, who also

1250
00:59:44,360 --> 00:59:47,560
Speaker 3: did the apology and let people know, hey, this could happen.

1251
00:59:49,280 --> 00:59:51,919
Speaker 3: Is that A Does that feel like you would all

1252
00:59:52,080 --> 00:59:55,880
Speaker 3: a genuine accommodation, like you know, if you're in a wheelchair,

1253
00:59:56,120 --> 00:59:59,040
Speaker 3: we have accommodations where you have ramps, we have elevators,

1254
00:59:59,680 --> 01:00:02,720
Speaker 3: we have have seats extra you go to pay course,

1255
01:00:02,800 --> 01:00:04,880
Speaker 3: damem a Reds game, and you know we should be

1256
01:00:04,880 --> 01:00:07,720
Speaker 3: doing that. We should have ramps and curb cuts and

1257
01:00:07,720 --> 01:00:11,560
Speaker 3: things like that hundred percent. But this almost feels like

1258
01:00:12,440 --> 01:00:16,880
Speaker 3: it's beyond an accommodation and we told you. It's like, oh,

1259
01:00:16,920 --> 01:00:18,600
Speaker 3: we told you ahead of time this could happen. So

1260
01:00:18,680 --> 01:00:23,200
Speaker 3: if you're uncomfortable, it's your problem. Now, why would you

1261
01:00:23,240 --> 01:00:26,000
Speaker 3: put him in that type of seating where he could

1262
01:00:26,000 --> 01:00:28,160
Speaker 3: do that? Or I'm not put him in a you know,

1263
01:00:28,200 --> 01:00:29,840
Speaker 3: like if you go to go to mass and they

1264
01:00:29,840 --> 01:00:31,840
Speaker 3: have the cry room for kids, so they have just

1265
01:00:31,960 --> 01:00:32,680
Speaker 3: rubbed mass.

1266
01:00:33,520 --> 01:00:35,000
Speaker 2: Why not in an environment like that.

1267
01:00:35,040 --> 01:00:37,480
Speaker 3: Well, then you're singling him out and making him feel well,

1268
01:00:37,880 --> 01:00:40,520
Speaker 3: you know, I'm sorry if if this is the condition

1269
01:00:41,040 --> 01:00:43,000
Speaker 3: which you suffer from, and there's no cure for it,

1270
01:00:43,000 --> 01:00:45,880
Speaker 3: it's a horrible thing. I'm not saying I'll forget about it.

1271
01:00:45,960 --> 01:00:46,520
Speaker 3: I'm saying this.

1272
01:00:46,920 --> 01:00:49,760
Speaker 2: We go so far to make accommodations or aggrieved groups.

1273
01:00:49,800 --> 01:00:54,120
Speaker 3: It's insane. It's a terret is a real thing. It's

1274
01:00:54,160 --> 01:00:57,720
Speaker 3: a tick. Doesn't answer why you would use the N word.

1275
01:00:58,600 --> 01:01:00,440
Speaker 3: And I feel badly for the black prof formers that

1276
01:01:00,480 --> 01:01:02,680
Speaker 3: were there too. And now we've got this fight between

1277
01:01:02,720 --> 01:01:08,200
Speaker 3: who's the more aggrieved group. It's this, this whole.

1278
01:01:07,920 --> 01:01:08,320
Speaker 2: I don't know.

1279
01:01:08,360 --> 01:01:11,440
Speaker 3: It's empathy, theater we want to feel. So we want

1280
01:01:11,440 --> 01:01:13,920
Speaker 3: to hold this person up because they're nominated for this important,

1281
01:01:13,960 --> 01:01:16,919
Speaker 3: stupid award and and we're gonna we're gonna treat them

1282
01:01:16,960 --> 01:01:21,440
Speaker 3: like anyone else would anyone else. And it's your fault

1283
01:01:21,480 --> 01:01:25,240
Speaker 3: if you don't quote unquote get it. That's it's so exploitative,

1284
01:01:25,320 --> 01:01:27,000
Speaker 3: and that's where we are today in society for a

1285
01:01:27,040 --> 01:01:29,440
Speaker 3: lot of groups, not just someone with turets in this case.

1286
01:01:32,240 --> 01:01:34,280
Speaker 3: There are some people and I know that the not

1287
01:01:34,480 --> 01:01:36,400
Speaker 3: maybe the most common thing, but if you have tourettes

1288
01:01:37,520 --> 01:01:39,200
Speaker 3: is people who have nervous laughter.

1289
01:01:39,240 --> 01:01:40,120
Speaker 2: It's kind of close to that.

1290
01:01:40,600 --> 01:01:42,440
Speaker 3: There are some folks under stress they'll laugh, I love,

1291
01:01:42,520 --> 01:01:44,520
Speaker 3: like I don't know, a big tragedy happens and they'll

1292
01:01:44,520 --> 01:01:46,520
Speaker 3: start laughing, you know, like what a jerk? What an

1293
01:01:46,560 --> 01:01:51,880
Speaker 3: a hole? Yeah, but that's that's the tick. And I'm sorry,

1294
01:01:51,880 --> 01:01:54,960
Speaker 3: but involuntary, it's involuntary. They can control themselves. Yeah, but

1295
01:01:55,040 --> 01:02:00,480
Speaker 3: it also doesn't mean consequence free and selfware about how

1296
01:02:00,520 --> 01:02:04,080
Speaker 3: your condition affects others is still a reasonable expectation. You

1297
01:02:04,080 --> 01:02:05,600
Speaker 3: shouldn't be allowed to do whatever the hell you want

1298
01:02:05,640 --> 01:02:07,040
Speaker 3: to do because your condition.

1299
01:02:06,760 --> 01:02:08,800
Speaker 2: It's it's there's and none of that.

1300
01:02:08,880 --> 01:02:12,520
Speaker 3: I think it's you think that Davidson guy with taretz,

1301
01:02:13,080 --> 01:02:16,280
Speaker 3: do you feel kind of like he's I don't know,

1302
01:02:16,480 --> 01:02:20,280
Speaker 3: like a he's like a display item. Like they're putting

1303
01:02:20,320 --> 01:02:22,840
Speaker 3: him out there going, oh, you look at your successful

1304
01:02:22,840 --> 01:02:25,080
Speaker 3: and good for you treating them like, you know, like

1305
01:02:25,080 --> 01:02:27,520
Speaker 3: like a ten year old autistic kid for crying out loud.

1306
01:02:28,400 --> 01:02:31,240
Speaker 3: He has agency too. Those things aren't usually exclusive. He

1307
01:02:31,280 --> 01:02:33,160
Speaker 3: could have said, yeah, you know what, this is kind

1308
01:02:33,160 --> 01:02:35,640
Speaker 3: of exploitative. I know, I'm gonna blurt some bad stuff out,

1309
01:02:35,880 --> 01:02:37,840
Speaker 3: maybe not the end bomb, but bad stuff. And it's

1310
01:02:37,840 --> 01:02:40,720
Speaker 3: going to disrupt the ceremony. Yeah, maybe everybody off on

1311
01:02:40,760 --> 01:02:43,520
Speaker 3: a corner backstage. Why do you have to know? No,

1312
01:02:43,600 --> 01:02:45,280
Speaker 3: we have to treat you like everyone else, but you're not.

1313
01:02:47,040 --> 01:02:48,480
Speaker 3: And if you do that and you're put in a

1314
01:02:48,480 --> 01:02:50,760
Speaker 3: position now he again, I said he has agency so

1315
01:02:50,760 --> 01:02:52,480
Speaker 3: he could say, yeah, I'm not doing this, but chose

1316
01:02:52,520 --> 01:02:55,280
Speaker 3: to engage in this whole spectacle. This is what happens,

1317
01:02:56,680 --> 01:02:58,400
Speaker 3: you know, the debate over you know, Jamie Fox, Well,

1318
01:02:58,400 --> 01:03:00,200
Speaker 3: it's not real. He said that, he meant it. You know,

1319
01:03:00,200 --> 01:03:04,520
Speaker 3: I couldn't disagree more. It's or Israel. It obviously is.

1320
01:03:04,560 --> 01:03:09,320
Speaker 3: But there's this whole cultural reflux now because of propriety

1321
01:03:09,400 --> 01:03:12,720
Speaker 3: and because of empathy, which should have empathy, but I

1322
01:03:12,760 --> 01:03:15,840
Speaker 3: think that's that's also you're you're taking empathy and you're

1323
01:03:15,920 --> 01:03:18,520
Speaker 3: using it as a weapon as a well, either you're

1324
01:03:18,560 --> 01:03:19,400
Speaker 3: with us or against us.

1325
01:03:19,400 --> 01:03:24,480
Speaker 2: It's not that way. You know, there's there's I'm sorry,

1326
01:03:24,520 --> 01:03:25,240
Speaker 2: but there's.

1327
01:03:25,080 --> 01:03:30,080
Speaker 3: This culture reflux where you say a disability or aggrieved

1328
01:03:30,080 --> 01:03:32,640
Speaker 3: group and it instantly ends in a moral conversational to

1329
01:03:32,680 --> 01:03:34,920
Speaker 3: you that if you if you say anything against us,

1330
01:03:34,920 --> 01:03:35,720
Speaker 3: you're a horrible person.

1331
01:03:35,760 --> 01:03:36,520
Speaker 2: That's not true at all.

1332
01:03:37,360 --> 01:03:40,240
Speaker 3: How is this serving actual disabled people or is it

1333
01:03:40,320 --> 01:03:43,240
Speaker 3: just making everyone else feel enlightened while the real harm

1334
01:03:43,240 --> 01:03:47,520
Speaker 3: goes unaddressed. I mean this, it's the dumbest, most awful

1335
01:03:47,560 --> 01:03:49,640
Speaker 3: example of our times. And that's just this week. I'm

1336
01:03:49,640 --> 01:03:54,440
Speaker 3: sure tomorrow will be something else. You know, the tics

1337
01:03:54,440 --> 01:03:56,520
Speaker 3: aren't your fault. I get that, but they can make

1338
01:03:56,520 --> 01:04:00,640
Speaker 3: people uncomfortable. And I'm sure Davidson knows that too. And

1339
01:04:00,680 --> 01:04:04,200
Speaker 3: if his tick is shouting horrible obscenities, you should be

1340
01:04:04,280 --> 01:04:06,760
Speaker 3: willing to accept you do need special accommodations and just

1341
01:04:06,800 --> 01:04:08,720
Speaker 3: have the decency to ask for them and not be

1342
01:04:08,800 --> 01:04:10,960
Speaker 3: trotted out there like some sort of freak show spectacle,

1343
01:04:11,000 --> 01:04:12,800
Speaker 3: which is what this whole thing is now devolved in.

1344
01:04:13,000 --> 01:04:15,280
Speaker 3: And how does that help people with any disability or

1345
01:04:15,320 --> 01:04:18,360
Speaker 3: of any group. It's just the decide wheelers. It's insane.

1346
01:04:19,880 --> 01:04:21,600
Speaker 3: It's insane. You want to blame well, it's a social

1347
01:04:21,640 --> 01:04:23,720
Speaker 3: media culture. It's just how we are. So we're bend

1348
01:04:23,760 --> 01:04:26,200
Speaker 3: over backwards to look how look how inclusive we are.

1349
01:04:26,320 --> 01:04:26,800
Speaker 2: But you're not.

1350
01:04:27,600 --> 01:04:31,360
Speaker 3: That's that's the exact opposite of that. And you made,

1351
01:04:32,000 --> 01:04:34,000
Speaker 3: you know, you made people in this case. But black

1352
01:04:34,040 --> 01:04:38,080
Speaker 3: guys go, yeah, I'm supposed to accept that that horrible word.

1353
01:04:38,280 --> 01:04:39,000
Speaker 2: Not not really.

1354
01:04:39,600 --> 01:04:42,280
Speaker 3: And then if you if there's backlash against the guys turetts,

1355
01:04:42,800 --> 01:04:45,800
Speaker 3: then you don't have any empathy for people with disabilities like.

1356
01:04:45,760 --> 01:04:48,120
Speaker 2: That, which those two things are. It's just simply not true.

1357
01:04:48,520 --> 01:04:49,120
Speaker 2: What a joke.

1358
01:04:50,440 --> 01:04:52,439
Speaker 3: I mean that guy that happened over there, it didn't

1359
01:04:53,080 --> 01:04:56,280
Speaker 3: didn't happen to BAFT awards when you're a lesser award show.

1360
01:04:56,320 --> 01:04:58,840
Speaker 3: But the whole victim would hierarchy and which is the

1361
01:04:59,000 --> 01:05:01,240
Speaker 3: more you know, know, if you had a I don't know,

1362
01:05:01,280 --> 01:05:05,200
Speaker 3: if you had a black Asian person in a wheelchair

1363
01:05:05,280 --> 01:05:09,800
Speaker 3: with Tourett's and they also had I don't know, gluten issues,

1364
01:05:09,880 --> 01:05:11,959
Speaker 3: sens it. I mean, you know where we're like looking

1365
01:05:11,960 --> 01:05:14,160
Speaker 3: for this ultimate poster chote. It feels like these groups

1366
01:05:14,160 --> 01:05:16,400
Speaker 3: do that, they look for this ultimate cause like wow,

1367
01:05:16,440 --> 01:05:17,680
Speaker 3: it's gone, it checks all the boxes.

1368
01:05:17,760 --> 01:05:20,560
Speaker 2: It's a horrible look. Everyone's got their stuff, I get it.

1369
01:05:20,600 --> 01:05:25,080
Speaker 3: And some disabilities are are not visible to utts is obviously,

1370
01:05:26,760 --> 01:05:28,720
Speaker 3: but you know, we should have to be choosing between

1371
01:05:30,240 --> 01:05:32,600
Speaker 3: between these groups. It's just it's it's a crazy it's

1372
01:05:32,640 --> 01:05:35,040
Speaker 3: a crazy notion we got to today, that's for sure. Anyway,

1373
01:05:35,160 --> 01:05:37,480
Speaker 3: Scott flowing here on seven hundred W. But I'm glad

1374
01:05:37,520 --> 01:05:40,840
Speaker 3: I don't watch ward shows. That's the bottom line for

1375
01:05:40,920 --> 01:05:44,880
Speaker 3: it today. Another reason not to watch Award shows for sure.

1376
01:05:45,280 --> 01:05:46,840
Speaker 3: Here's something on a light well, I don't know if

1377
01:05:46,880 --> 01:05:50,240
Speaker 3: it's a lighter basis or not. You know, we have

1378
01:05:50,360 --> 01:05:54,000
Speaker 3: these apps now and certainly we have devices those apps

1379
01:05:54,280 --> 01:05:57,120
Speaker 3: work with and if you have an Apple I have

1380
01:05:57,120 --> 01:05:57,960
Speaker 3: an Apple Watch now.

1381
01:05:58,000 --> 01:05:58,120
Speaker 4: You know.

1382
01:05:58,120 --> 01:05:59,960
Speaker 2: I track a little fitness on there. I got a calendar.

1383
01:06:00,200 --> 01:06:01,920
Speaker 3: I can look at the weather because I'm you know,

1384
01:06:01,960 --> 01:06:04,560
Speaker 3: I'm a d d AF and I need those things

1385
01:06:04,600 --> 01:06:07,680
Speaker 3: document by time and so I can. Oh, I got

1386
01:06:07,720 --> 01:06:11,040
Speaker 3: text I'm looking at it right now. And we also

1387
01:06:11,080 --> 01:06:12,880
Speaker 3: have these with the Aura rings. You put the ring on,

1388
01:06:12,960 --> 01:06:14,880
Speaker 3: it tracks your sleep. And we have fitbits. We have

1389
01:06:14,960 --> 01:06:17,480
Speaker 3: all these devices. Say what is the one thing we

1390
01:06:17,560 --> 01:06:19,360
Speaker 3: don't track on you? I mean, think about it. You

1391
01:06:19,440 --> 01:06:22,040
Speaker 3: can track everything. You can track your steps, I can

1392
01:06:22,120 --> 01:06:25,680
Speaker 3: track my sleep, I could trap my exercise. It tells

1393
01:06:25,720 --> 01:06:28,080
Speaker 3: me where I am in the world. It's got GPS

1394
01:06:28,080 --> 01:06:30,800
Speaker 3: locator on it. I get my messages, I get the

1395
01:06:30,800 --> 01:06:32,440
Speaker 3: way I get all this stuff coming at me. What

1396
01:06:32,520 --> 01:06:34,480
Speaker 3: is the one tool that is What is the one

1397
01:06:34,520 --> 01:06:36,320
Speaker 3: thing on our bodies? He say, is not measured how

1398
01:06:36,360 --> 01:06:39,520
Speaker 3: the new Apple watches by the way, uh ekg it

1399
01:06:39,560 --> 01:06:43,120
Speaker 3: tells you if you're going to the v fib. I mean,

1400
01:06:43,280 --> 01:06:45,800
Speaker 3: it's like having it's like having a doctor following you

1401
01:06:45,800 --> 01:06:49,040
Speaker 3: are on on your ears. Like every possible metric with

1402
01:06:49,200 --> 01:06:53,280
Speaker 3: your health is now measured. Exercise steps, vertical, I'm going

1403
01:06:53,360 --> 01:06:55,480
Speaker 3: under the ocean over the you all these things? How

1404
01:06:55,480 --> 01:06:56,400
Speaker 3: fast am I walking?

1405
01:06:57,480 --> 01:06:59,200
Speaker 2: You know? The one thing that isn't measured.

1406
01:07:01,000 --> 01:07:08,400
Speaker 3: Farting? Your watch? Your fitbit cannot measure how much gas

1407
01:07:08,520 --> 01:07:15,280
Speaker 3: you produce. Until now, the University of Maryland has developed

1408
01:07:15,280 --> 01:07:19,640
Speaker 3: a wearable sensor dubbed the Fitbit for Farts that monitors

1409
01:07:19,840 --> 01:07:24,960
Speaker 3: flatulence in real time. And you're going, how does it

1410
01:07:25,040 --> 01:07:27,520
Speaker 3: do that on your wrist? Well, it's not on your wrist?

1411
01:07:27,960 --> 01:07:28,440
Speaker 2: Wait what.

1412
01:07:30,160 --> 01:07:30,400
Speaker 6: So?

1413
01:07:30,560 --> 01:07:33,560
Speaker 3: The device itself is about the size of a stack.

1414
01:07:33,760 --> 01:07:40,240
Speaker 3: It looks like three nickels, and it detects hydrogen emissions

1415
01:07:41,560 --> 01:07:47,320
Speaker 3: from your butt and it sits outside your underwear. I'm

1416
01:07:47,320 --> 01:07:49,960
Speaker 3: not sure if there's like a special strap, if it's

1417
01:07:49,960 --> 01:07:52,640
Speaker 3: a clip on, it's a plug. I'm not quite sure

1418
01:07:52,640 --> 01:07:55,640
Speaker 3: if it's a butt muffler. How this works. I only

1419
01:07:55,680 --> 01:07:59,080
Speaker 3: see I'm only looking at an aerial view here. And

1420
01:07:59,120 --> 01:08:00,600
Speaker 3: you have to you have to.

1421
01:08:00,560 --> 01:08:06,880
Speaker 2: Recharge it every I'm making this up. No, it's true.

1422
01:08:06,120 --> 01:08:09,600
Speaker 2: You're recharge it every twenty four hours.

1423
01:08:09,960 --> 01:08:11,480
Speaker 3: And that, by the way, is a charge. And I

1424
01:08:11,520 --> 01:08:13,920
Speaker 3: hope to guy like, oh, yeah, it's a qug. You

1425
01:08:13,960 --> 01:08:16,400
Speaker 3: just put some magnetic thing. I hope it has a

1426
01:08:16,439 --> 01:08:22,400
Speaker 3: separate charging cord or dock that no other device can

1427
01:08:22,439 --> 01:08:24,559
Speaker 3: fit into, because I don't want to be hey, man,

1428
01:08:24,600 --> 01:08:25,799
Speaker 3: can I charge my phone?

1429
01:08:26,200 --> 01:08:26,400
Speaker 8: Yeah?

1430
01:08:26,479 --> 01:08:28,400
Speaker 2: Here, Well what's this from?

1431
01:08:28,680 --> 01:08:32,360
Speaker 3: Well, it's that thing I put my butt, So you

1432
01:08:32,360 --> 01:08:34,640
Speaker 3: don't want to be confused and put your phone on

1433
01:08:34,720 --> 01:08:38,360
Speaker 3: that same charge. Just hope it's like a different shape charger.

1434
01:08:38,400 --> 01:08:39,960
Speaker 3: We need a new port. That's they call it a

1435
01:08:40,040 --> 01:08:42,800
Speaker 3: port for your port. It is called the Human Flatuless.

1436
01:08:42,880 --> 01:08:46,720
Speaker 3: Atlas is what this app is, and it studies. Uh

1437
01:08:46,760 --> 01:08:48,679
Speaker 3: they're doing a study right now looking at They're sending

1438
01:08:48,720 --> 01:08:53,080
Speaker 3: out eight hundred devices to people nationwide, so there's already

1439
01:08:53,080 --> 01:08:55,040
Speaker 3: four thousand people applied. The wait list is long for

1440
01:08:55,120 --> 01:08:58,439
Speaker 3: this thing because researchers say forty percent of US adults

1441
01:08:58,439 --> 01:09:01,800
Speaker 3: suffer regular digestive issue choose and fiber rich diets, which

1442
01:09:01,800 --> 01:09:03,559
Speaker 3: are key to gut health, as you know, often get

1443
01:09:03,560 --> 01:09:06,800
Speaker 3: a banded due to gas and bloating. So they are

1444
01:09:06,800 --> 01:09:12,120
Speaker 3: looking for people who are next level farts. One person

1445
01:09:12,160 --> 01:09:15,320
Speaker 3: who's in the study and they use this device and

1446
01:09:15,360 --> 01:09:19,000
Speaker 3: found that they pass gas. How many times you think

1447
01:09:19,240 --> 01:09:21,960
Speaker 3: it's got to be like a world record one person?

1448
01:09:22,040 --> 01:09:26,880
Speaker 3: The lowest one is only four times. Another person one

1449
01:09:26,960 --> 01:09:33,040
Speaker 3: hundred seventy five a day. That's like a full time job.

1450
01:09:33,880 --> 01:09:37,040
Speaker 3: One hundred and seventy five times a day.

1451
01:09:37,200 --> 01:09:38,639
Speaker 2: You out of you had to be in a Hospital's

1452
01:09:38,640 --> 01:09:39,160
Speaker 2: who I be?

1453
01:09:40,880 --> 01:09:44,800
Speaker 3: Before field testing, the sensor is calibrated using an artificial butt,

1454
01:09:45,040 --> 01:09:48,040
Speaker 3: a lab butt, a mannequin attached a gas cannon to

1455
01:09:48,080 --> 01:09:51,240
Speaker 3: simulate fletceleance. On command, the top three percent of gas

1456
01:09:51,240 --> 01:09:55,320
Speaker 3: producers will get their gut microme microbiome sequence and receive

1457
01:09:55,360 --> 01:09:59,400
Speaker 3: a plaque declaring them prodigious hydrogen producer. Now that let

1458
01:09:59,400 --> 01:10:01,679
Speaker 3: me tell you something. You may have some stupid golf

1459
01:10:01,720 --> 01:10:05,120
Speaker 3: you I finished third in my flight at the country club.

1460
01:10:05,200 --> 01:10:07,439
Speaker 2: Uh, I want to try. I want to try.

1461
01:10:07,479 --> 01:10:10,920
Speaker 3: I got a participation ribbon for the Tough Mutter. I

1462
01:10:11,040 --> 01:10:13,439
Speaker 3: want to I got a World Series, I got a

1463
01:10:13,479 --> 01:10:17,840
Speaker 3: Stanley Cup. I want an Olympic gold medal. I don't

1464
01:10:17,840 --> 01:10:21,439
Speaker 3: care about all that. You want, you need, you desire,

1465
01:10:21,800 --> 01:10:27,519
Speaker 3: you crave, you covet the prodigious hydrogen producer plaque. That's

1466
01:10:27,560 --> 01:10:30,960
Speaker 3: what you want. That is the ultimate goal right there.

1467
01:10:31,320 --> 01:10:33,200
Speaker 3: So anyway, they want to get these devices out there,

1468
01:10:33,200 --> 01:10:35,760
Speaker 3: and they want to develop treatments, maybe a pill for

1469
01:10:35,960 --> 01:10:38,479
Speaker 3: people suffering from chronic gas and bloating. You see those

1470
01:10:38,520 --> 01:10:41,160
Speaker 3: wacky you know, drug comerciant tving Ai and Blownding. I

1471
01:10:41,160 --> 01:10:43,400
Speaker 3: gotta take this product over the counter. I'm blound it,

1472
01:10:43,520 --> 01:10:45,920
Speaker 3: I feel bad. Which you need is one of these

1473
01:10:45,920 --> 01:10:50,519
Speaker 3: button mufflers. Again, this is the University of Maryland. I

1474
01:10:50,560 --> 01:10:52,160
Speaker 3: don't have a phone number few to call it, and

1475
01:10:52,160 --> 01:10:53,800
Speaker 3: I have a website. I don't even have an email here.

1476
01:10:54,280 --> 01:10:57,960
Speaker 3: But they are developing a wearable censor, the fitbit for

1477
01:10:58,080 --> 01:11:02,920
Speaker 3: farts that moderns flatulence in real time. Count me in

1478
01:11:02,960 --> 01:11:05,760
Speaker 3: because my wife say, yes, absolutely, you should be that

1479
01:11:05,840 --> 01:11:09,040
Speaker 3: you should definitely be doing the clinical trials for this Scott.

1480
01:11:09,080 --> 01:11:12,479
Speaker 3: You absolutely, Sue, I'm quite proud of that actually, and

1481
01:11:12,640 --> 01:11:13,040
Speaker 3: so one hero.

1482
01:11:13,200 --> 01:11:13,559
Speaker 2: We don't have.

1483
01:11:13,600 --> 01:11:17,000
Speaker 3: We measure every other metric with our bodies, fitness apps.

1484
01:11:17,040 --> 01:11:18,600
Speaker 3: You know some of these people are insane. Oh, I

1485
01:11:18,640 --> 01:11:22,280
Speaker 3: have shave of CREMANI here on Thursday, fitness doctor and

1486
01:11:22,320 --> 01:11:24,320
Speaker 3: he's got a guy one percent body fat, but he

1487
01:11:24,479 --> 01:11:27,400
Speaker 3: is one percent, and he's treating his body like a

1488
01:11:27,479 --> 01:11:29,559
Speaker 3: human laboratory, seeing how low he can get his body

1489
01:11:29,560 --> 01:11:32,080
Speaker 3: fat percentage, how riptiking, how bulked up he can get.

1490
01:11:32,600 --> 01:11:35,280
Speaker 3: We measure all that stuff all the time, and we're

1491
01:11:35,320 --> 01:11:38,280
Speaker 3: inundated with products. No one has addressed the issue other

1492
01:11:38,360 --> 01:11:41,640
Speaker 3: than a I don't know, over the counter remedy for

1493
01:11:41,760 --> 01:11:42,679
Speaker 3: your gas and bloating.

1494
01:11:42,760 --> 01:11:44,040
Speaker 2: It is here, take this tablet.

1495
01:11:44,439 --> 01:11:46,080
Speaker 3: But you know if you have to take one of

1496
01:11:46,080 --> 01:11:47,320
Speaker 3: those a day, or a couple of those a day,

1497
01:11:47,320 --> 01:11:48,920
Speaker 3: you're like, something else is going on here.

1498
01:11:49,040 --> 01:11:51,200
Speaker 2: This could be the first say this is here. Don't laugh.

1499
01:11:51,240 --> 01:11:56,439
Speaker 2: This is serious scientific research. This is serious, very very

1500
01:11:56,560 --> 01:12:02,320
Speaker 2: very serious. The very last bastion of measurement on our body,

1501
01:12:02,439 --> 01:12:03,799
Speaker 2: measuring your farts.

1502
01:12:04,080 --> 01:12:07,200
Speaker 3: Here's the thing. A few years ago they came out

1503
01:12:07,240 --> 01:12:11,080
Speaker 3: with home breathalyzers, and have you seen this that are

1504
01:12:11,080 --> 01:12:12,560
Speaker 3: like one hundred bucks are probably in cheaper now I

1505
01:12:12,560 --> 01:12:16,080
Speaker 3: get on Amazon for probably like five bucks, and it's

1506
01:12:16,120 --> 01:12:17,720
Speaker 3: a portable breath lay. You take it within. So if

1507
01:12:17,720 --> 01:12:19,160
Speaker 3: you're out and you're having a good time, I'm like,

1508
01:12:19,160 --> 01:12:21,559
Speaker 3: why I am I good enough to drive? You're good enough?

1509
01:12:21,640 --> 01:12:24,479
Speaker 3: You're asking that question? You probably you probably aren't, but

1510
01:12:24,760 --> 01:12:26,240
Speaker 3: so you're blow in the tube. It's're it that way.

1511
01:12:26,240 --> 01:12:28,000
Speaker 3: It's like, oh, okay, I know that I'm am I

1512
01:12:28,040 --> 01:12:30,280
Speaker 3: close to or over the legal limit. I don't recommend

1513
01:12:30,320 --> 01:12:31,640
Speaker 3: it because they'll still know you if you're under the

1514
01:12:31,680 --> 01:12:34,040
Speaker 3: legal limit. That's a different topic entirely. But oh I

1515
01:12:34,080 --> 01:12:35,960
Speaker 3: got that. I got that same information they have in

1516
01:12:35,960 --> 01:12:40,760
Speaker 3: the top palm of our hands. Now what happens is

1517
01:12:40,800 --> 01:12:44,240
Speaker 3: you get these devices, then you go here, hold my beer.

1518
01:12:44,280 --> 01:12:46,160
Speaker 3: I can get a higher score than you, because I've

1519
01:12:46,200 --> 01:12:47,760
Speaker 3: heard that, Like people buy these things and bring them

1520
01:12:47,760 --> 01:12:50,080
Speaker 3: a bar and then everyone's blowing into this thing, and

1521
01:12:50,160 --> 01:12:52,120
Speaker 3: everyone wants to see if they're drunker than the next guy.

1522
01:12:52,200 --> 01:12:54,080
Speaker 3: Try to set some sort of like you know, that's

1523
01:12:54,080 --> 01:12:56,400
Speaker 3: not what it's forced to make sure you're okay. It

1524
01:12:56,400 --> 01:12:58,519
Speaker 3: makes sure you're not over the legal limit. It's not

1525
01:12:58,600 --> 01:13:01,200
Speaker 3: to try and get a high score. This isn't King's Island,

1526
01:13:01,640 --> 01:13:05,040
Speaker 3: this isn't pop a shot. What do you I guarantee

1527
01:13:05,080 --> 01:13:08,200
Speaker 3: you this product comes out, people buy them and then

1528
01:13:08,240 --> 01:13:10,840
Speaker 3: have farting contest like we've always had, guys. We've always

1529
01:13:10,880 --> 01:13:12,840
Speaker 3: done farting contest, ladies. And if you knew that or not,

1530
01:13:13,120 --> 01:13:16,559
Speaker 3: or lighting farts whatever, very beaves and budhead, I understand it.

1531
01:13:17,160 --> 01:13:19,120
Speaker 3: But what's gonna happen is people are gonna get this

1532
01:13:19,120 --> 01:13:22,160
Speaker 3: thing and go You're only farting one hundred and seventy

1533
01:13:22,520 --> 01:13:25,880
Speaker 3: one hundred and seventy five times a day here, old

1534
01:13:25,880 --> 01:13:28,559
Speaker 3: midel design. You watch this, and then people will try

1535
01:13:28,600 --> 01:13:30,960
Speaker 3: to eat more stuff, and eventually it's going to turn

1536
01:13:31,040 --> 01:13:35,599
Speaker 3: into like a different version of the Fourth of July

1537
01:13:36,560 --> 01:13:39,920
Speaker 3: hot dog eating contest at Coney Island, you know, the

1538
01:13:40,000 --> 01:13:42,759
Speaker 3: Nathan's hot Dog. How many can you how many? Okay,

1539
01:13:42,800 --> 01:13:44,519
Speaker 3: here you go in ten minutes, how much can you fart?

1540
01:13:44,560 --> 01:13:46,200
Speaker 3: That's what's gonna happen. It's gonna be sponsored by that.

1541
01:13:46,240 --> 01:13:48,960
Speaker 3: I'm telling you because we're Americans, and especially American men.

1542
01:13:48,960 --> 01:13:49,519
Speaker 2: This is what we do.

1543
01:13:49,560 --> 01:13:52,080
Speaker 3: We take something like this designed to help the human

1544
01:13:52,120 --> 01:13:55,280
Speaker 3: condition and we exploit it.

1545
01:13:54,560 --> 01:13:55,240
Speaker 2: Into a game.

1546
01:13:55,479 --> 01:13:59,760
Speaker 3: It becomes a game show sloany seven hundred wobody since

1547
01:13:59,760 --> 01:14:00,400
Speaker 3: anat do.

1548
01:14:00,320 --> 01:14:01,800
Speaker 2: You want to be in Amernican?

1549
01:14:03,280 --> 01:14:04,960
Speaker 3: He's got a flow show on the big one seven

1550
01:14:05,040 --> 01:14:09,519
Speaker 3: hundred W LW. So parents and grandparents lived longer, and

1551
01:14:09,760 --> 01:14:12,080
Speaker 3: one of the biggest challenges we face as kids and

1552
01:14:12,120 --> 01:14:15,679
Speaker 3: grandkids is protecting them from abuse. And if they're around

1553
01:14:15,760 --> 01:14:17,640
Speaker 3: us on a daily basis, it's much easier. But how

1554
01:14:17,680 --> 01:14:20,000
Speaker 3: do you do that when the people who you entrust

1555
01:14:20,040 --> 01:14:22,879
Speaker 3: to care for their daily needs are the ones doing

1556
01:14:23,120 --> 01:14:26,640
Speaker 3: the abuse. For example, today, there's a story out just

1557
01:14:26,640 --> 01:14:28,759
Speaker 3: a couple of days old here former nursing home employee

1558
01:14:28,760 --> 01:14:31,719
Speaker 3: in Goshen Charge was stealing more than three hundred thousand

1559
01:14:31,720 --> 01:14:34,200
Speaker 3: dollars from residence under her care over a number of years.

1560
01:14:34,240 --> 01:14:37,120
Speaker 2: Then there's also this may have seen this story recently.

1561
01:14:37,200 --> 01:14:40,360
Speaker 3: Eighty four year old Robert Meyer was I think living

1562
01:14:40,360 --> 01:14:42,920
Speaker 3: for a couple months at Forest Hills Healthcare Center. He

1563
01:14:42,960 --> 01:14:45,960
Speaker 3: has then transferred because he's dying, to the Margaret Thomas

1564
01:14:46,560 --> 01:14:49,120
Speaker 3: Hospice of Solving Blue Ash and then he dies and

1565
01:14:49,160 --> 01:14:53,639
Speaker 3: he's buried. He was later exhumed by the coroner because

1566
01:14:53,800 --> 01:14:58,479
Speaker 3: an investigation proved he was murdered and upon examination of

1567
01:14:58,479 --> 01:15:01,840
Speaker 3: the body, the cause of death as a homicide from

1568
01:15:01,880 --> 01:15:06,439
Speaker 3: physical elder abuse. It is an incredible story. Jeffrey Heller

1569
01:15:07,080 --> 01:15:10,479
Speaker 3: is an attorney with Nuremberg, Paris, Helen McCarthy and Cleveland. Jeffrey,

1570
01:15:10,479 --> 01:15:11,040
Speaker 3: Welcome to the show.

1571
01:15:11,040 --> 01:15:11,400
Speaker 2: How are you.

1572
01:15:12,680 --> 01:15:14,920
Speaker 7: I'm doing well, good morning, Thanks so much for having me.

1573
01:15:15,040 --> 01:15:17,479
Speaker 3: Yeah, that's the narrative there, and it's it's it's almost

1574
01:15:17,479 --> 01:15:20,200
Speaker 3: like a dateline kind of case. You know, it's something

1575
01:15:20,240 --> 01:15:23,320
Speaker 3: you'd watch on NBC. I don't make light of it.

1576
01:15:23,360 --> 01:15:27,439
Speaker 3: But wait, he died and then they how the hell

1577
01:15:27,479 --> 01:15:30,200
Speaker 3: does that happen that they bury the man and then

1578
01:15:30,240 --> 01:15:34,080
Speaker 3: exhumed the body because of an investigation and it's determined

1579
01:15:34,120 --> 01:15:36,240
Speaker 3: that he was well, he was murdered in that case,

1580
01:15:36,240 --> 01:15:39,600
Speaker 3: and you also have to understand wonder who saw the

1581
01:15:39,600 --> 01:15:41,720
Speaker 3: body and allowed that to occur. So walk us through

1582
01:15:41,760 --> 01:15:44,080
Speaker 3: the timeline here. I know it was his daughter who

1583
01:15:44,120 --> 01:15:47,040
Speaker 3: first noticed the strangulation marks, the ligature marks around his neck.

1584
01:15:47,320 --> 01:15:49,479
Speaker 3: And what kind of responses does she get from each

1585
01:15:49,520 --> 01:15:54,280
Speaker 3: facility because his custody care was transfers that there's a chain,

1586
01:15:54,360 --> 01:15:56,519
Speaker 3: it's not just one place it's at least a couple.

1587
01:15:56,600 --> 01:15:59,120
Speaker 2: Can you take me through that?

1588
01:15:59,120 --> 01:16:01,800
Speaker 7: That's right. This is one of the most wild stories

1589
01:16:02,080 --> 01:16:04,840
Speaker 7: I've ever seen her been involved with, and I've been

1590
01:16:04,840 --> 01:16:09,640
Speaker 7: doing this virtually my entire career. But mister Meyer was

1591
01:16:09,680 --> 01:16:13,280
Speaker 7: eighty four years old, he had three children, four grandchildren.

1592
01:16:13,680 --> 01:16:16,719
Speaker 7: He had three brothers, several of them lived in the area.

1593
01:16:17,520 --> 01:16:21,840
Speaker 7: He gets admitted to Forest Hills Health Care Centers in

1594
01:16:21,960 --> 01:16:26,439
Speaker 7: Cincinnati in July of twenty twenty five because he's eighty

1595
01:16:26,520 --> 01:16:30,640
Speaker 7: four and he has some health conditions that prevent him

1596
01:16:30,640 --> 01:16:36,200
Speaker 7: from living alone, which he was doing, and in about

1597
01:16:36,200 --> 01:16:42,840
Speaker 7: two months into his stay, he starts complaining of being hurt.

1598
01:16:43,160 --> 01:16:45,080
Speaker 7: Now keep in mind he's eighty four years old. His

1599
01:16:45,160 --> 01:16:48,960
Speaker 7: communication isn't great, but he actually calls nine to one

1600
01:16:49,160 --> 01:16:53,240
Speaker 7: one from the facility because of how he was feeling,

1601
01:16:54,200 --> 01:17:00,559
Speaker 7: and in fact, he's sent to a hospital in July

1602
01:17:01,120 --> 01:17:05,880
Speaker 7: August time frame. Nothing is found at that point in time,

1603
01:17:05,960 --> 01:17:09,439
Speaker 7: so he sent back to this Forest Hills Healthcare and

1604
01:17:09,520 --> 01:17:15,559
Speaker 7: in early September he starts exhibiting signs of trauma to

1605
01:17:15,680 --> 01:17:20,599
Speaker 7: his neck and actually his body, but mostly his neck.

1606
01:17:20,760 --> 01:17:25,920
Speaker 7: And his daughter, obviously, who visits him regularly, saw these

1607
01:17:25,960 --> 01:17:32,960
Speaker 7: marks started telling staff something's wrong, and their response was,

1608
01:17:33,200 --> 01:17:37,400
Speaker 7: this is normal. This is what happens as you're older

1609
01:17:38,040 --> 01:17:38,679
Speaker 7: and dying.

1610
01:17:39,439 --> 01:17:39,639
Speaker 2: Wow.

1611
01:17:40,240 --> 01:17:45,600
Speaker 7: And so she smartly documents this and takes photographs. But

1612
01:17:45,960 --> 01:17:49,920
Speaker 7: exactly as you said, he's then transferred out of the

1613
01:17:50,080 --> 01:17:53,320
Speaker 7: nursing home into a hospice center, where he dies within

1614
01:17:53,360 --> 01:17:56,840
Speaker 7: a couple of days. Now keep in mind, and it's

1615
01:17:56,880 --> 01:18:03,720
Speaker 7: really important, nurses and doctors in Ohio must this is

1616
01:18:03,760 --> 01:18:07,920
Speaker 7: an optional. They must notify the corner if there are

1617
01:18:08,000 --> 01:18:12,759
Speaker 7: signs of physical abuse or criminal activity related to someone

1618
01:18:12,840 --> 01:18:18,280
Speaker 7: passing away. So this poor man had evidence of that

1619
01:18:18,479 --> 01:18:21,599
Speaker 7: at the nursing home. Then he goes to hospice where

1620
01:18:21,640 --> 01:18:25,120
Speaker 7: there's obviously a hospice doctor overseeing all the patients there,

1621
01:18:25,960 --> 01:18:29,800
Speaker 7: and then he ultimately passes and is sent to a

1622
01:18:29,840 --> 01:18:34,000
Speaker 7: funeral home. And at this point his daughter is she

1623
01:18:34,080 --> 01:18:36,799
Speaker 7: doesn't know what else to do. She keeps being told

1624
01:18:36,800 --> 01:18:39,760
Speaker 7: that this is normal, and they you know this, These

1625
01:18:39,760 --> 01:18:45,799
Speaker 7: are these are people you know, with with medically speaking,

1626
01:18:45,920 --> 01:18:48,400
Speaker 7: a lot of power. There's a there's a big power

1627
01:18:48,439 --> 01:18:54,599
Speaker 7: disparity between these facilities and patients, especially patients like Robert

1628
01:18:54,680 --> 01:18:57,080
Speaker 7: Meyer and and you know, really his daughter who have

1629
01:18:57,160 --> 01:19:01,200
Speaker 7: no medical training whatsoever, and she is being told repeatedly

1630
01:19:01,320 --> 01:19:04,880
Speaker 7: this is normal. Unfortunately, your father is sick and he's dying.

1631
01:19:06,320 --> 01:19:08,400
Speaker 3: He said, you mentioned it, called nine to one number

1632
01:19:08,400 --> 01:19:10,320
Speaker 3: of times. What was the police report? Did they not

1633
01:19:10,400 --> 01:19:12,400
Speaker 3: see the strangulation the ligature marks.

1634
01:19:12,320 --> 01:19:12,760
Speaker 6: On his neck?

1635
01:19:14,360 --> 01:19:19,519
Speaker 7: So when he he was able to get transferred to

1636
01:19:19,920 --> 01:19:26,280
Speaker 7: the hospital without police involvement. So he's taken and this

1637
01:19:26,439 --> 01:19:30,800
Speaker 7: is what we believe is before there's any bruising to

1638
01:19:30,840 --> 01:19:34,479
Speaker 7: his neck. So one of the things that the police

1639
01:19:34,479 --> 01:19:37,559
Speaker 7: are doing right now is investigating. You know how early

1640
01:19:37,680 --> 01:19:42,440
Speaker 7: this happened. We know that the because we have photographic

1641
01:19:42,560 --> 01:19:45,080
Speaker 7: evidence of this. We know that the bruising appeared on

1642
01:19:45,200 --> 01:19:49,479
Speaker 7: his neck much closer to death. So we're talking early

1643
01:19:49,640 --> 01:19:56,720
Speaker 7: September is really when the real serious evidence presented. He

1644
01:19:56,760 --> 01:19:58,920
Speaker 7: had been calling, he had called nine one one and

1645
01:19:58,960 --> 01:20:02,040
Speaker 7: been transferred to the ho hospital before that. We don't

1646
01:20:02,080 --> 01:20:06,160
Speaker 7: know exactly how much prior to September early September that

1647
01:20:06,160 --> 01:20:09,760
Speaker 7: that happened, but he was seen at the hospital. The

1648
01:20:10,200 --> 01:20:14,000
Speaker 7: neck bruising was not there. And I don't want to

1649
01:20:14,240 --> 01:20:18,439
Speaker 7: make assumptions about the ability to find certain types of

1650
01:20:18,439 --> 01:20:23,680
Speaker 7: injuries even on X ray, but long story short, he

1651
01:20:23,840 --> 01:20:29,320
Speaker 7: was returned back to the facility after, you know, from

1652
01:20:29,320 --> 01:20:29,919
Speaker 7: the hospital.

1653
01:20:30,040 --> 01:20:32,880
Speaker 3: Yeah, Jeffrey Heller's here is an attorney in Cleveland, and

1654
01:20:32,920 --> 01:20:35,920
Speaker 3: he's representing the estate of a man who was well

1655
01:20:35,920 --> 01:20:38,839
Speaker 3: only thought he had died of what they called protein

1656
01:20:38,920 --> 01:20:42,720
Speaker 3: deficient malnutrition, which happens in elderly patients. He was in hospice,

1657
01:20:43,240 --> 01:20:45,000
Speaker 3: but because of the persistence of the daughter and the

1658
01:20:45,040 --> 01:20:47,840
Speaker 3: family in particular, they exhumed his body and found out

1659
01:20:47,880 --> 01:20:49,960
Speaker 3: that he was murdered by the same people who are

1660
01:20:50,040 --> 01:20:53,120
Speaker 3: entrusted to care for him right here in Cincinnati, namely

1661
01:20:53,160 --> 01:20:57,240
Speaker 3: Forest Hill's Healthcare Center and then the Margaret Thomas Hospice

1662
01:20:57,240 --> 01:21:01,240
Speaker 3: of Facility and Blue Ash. The assault allegedly occurred over

1663
01:21:01,280 --> 01:21:02,840
Speaker 3: what a ten day period, I believe is what the

1664
01:21:03,000 --> 01:21:06,080
Speaker 3: brief said. Does the evidence suggest a single incident, this

1665
01:21:06,120 --> 01:21:06,920
Speaker 3: is ongoing abuse?

1666
01:21:06,960 --> 01:21:10,880
Speaker 7: Then well, the strength, I mean, what we're referring to

1667
01:21:10,960 --> 01:21:15,240
Speaker 7: as strangulation marks a really significant. Yeah. But we we

1668
01:21:16,760 --> 01:21:19,439
Speaker 7: at least at this point in time, we can't say

1669
01:21:19,479 --> 01:21:22,000
Speaker 7: whether it was one incident or multiple incidents, but we

1670
01:21:22,080 --> 01:21:26,640
Speaker 7: do know that he was complaining of being hurt at

1671
01:21:26,720 --> 01:21:29,839
Speaker 7: least several weeks before the marks appeared.

1672
01:21:30,000 --> 01:21:30,200
Speaker 2: Yeah.

1673
01:21:30,240 --> 01:21:32,559
Speaker 3: And the hard part about that for investigators, and I'm

1674
01:21:32,600 --> 01:21:34,760
Speaker 3: sure this this comes out too, is that you know,

1675
01:21:35,040 --> 01:21:38,120
Speaker 3: sometimes an elderly patient, especially ones in the later stages

1676
01:21:38,160 --> 01:21:40,639
Speaker 3: of life, will complain about things and because of drugs,

1677
01:21:40,640 --> 01:21:43,120
Speaker 3: because of your condition, and you can write that up

1678
01:21:43,160 --> 01:21:45,720
Speaker 3: as well, you know, drug induced or late stage life

1679
01:21:45,720 --> 01:21:48,840
Speaker 3: induced hallucinations. You know, my mom went through something like

1680
01:21:48,880 --> 01:21:50,960
Speaker 3: that when she was dying of cancer. I thought that

1681
01:21:51,000 --> 01:21:53,120
Speaker 3: the nurses were there and the one had green laser

1682
01:21:53,160 --> 01:21:55,160
Speaker 3: eyes were coming in to hurt her. And I thought, well, Mom,

1683
01:21:55,360 --> 01:21:57,280
Speaker 3: no one has laser eyes. But you know, you hear

1684
01:21:57,320 --> 01:21:59,800
Speaker 3: that enough and then there's confirmation bias there. So that

1685
01:21:59,840 --> 01:22:01,840
Speaker 3: may be a factor. It doesn't excuse this, but it

1686
01:22:01,880 --> 01:22:04,320
Speaker 3: may put into context what's going on here. But you know,

1687
01:22:04,680 --> 01:22:07,680
Speaker 3: when you look at those people who are entrusted with

1688
01:22:07,680 --> 01:22:10,439
Speaker 3: his care. You got a nursing home, you got hospice facility,

1689
01:22:10,439 --> 01:22:13,479
Speaker 3: you have a funeral home. How many people saw mister

1690
01:22:13,600 --> 01:22:18,040
Speaker 3: Meyer in that state and how many people did he

1691
01:22:18,120 --> 01:22:20,479
Speaker 3: have to see and how many people fail to act here?

1692
01:22:21,560 --> 01:22:25,080
Speaker 7: Unfortunately all of them. I mean, we have photos with

1693
01:22:25,240 --> 01:22:28,160
Speaker 7: timestamps on them that are from when he was at

1694
01:22:28,160 --> 01:22:30,080
Speaker 7: the nursing home, when he was at hospice, and then

1695
01:22:30,080 --> 01:22:33,599
Speaker 7: when he died, So all three of those facilities were aware.

1696
01:22:33,880 --> 01:22:36,960
Speaker 7: They all have a duty under ohiolat to notify the

1697
01:22:37,000 --> 01:22:41,320
Speaker 7: corner to have an autopsy performed or at least a

1698
01:22:41,360 --> 01:22:44,400
Speaker 7: gross examination. And Scott, you hit the nail on the

1699
01:22:44,439 --> 01:22:50,960
Speaker 7: head is the police were provided these photographs after he

1700
01:22:51,040 --> 01:22:56,000
Speaker 7: had already been buried by the funeral home. At that point,

1701
01:22:56,439 --> 01:23:00,680
Speaker 7: obviously they're well behind the eight ball in doing an investigation.

1702
01:23:01,200 --> 01:23:04,360
Speaker 7: And so that's part of the reason why these facilities

1703
01:23:04,600 --> 01:23:09,439
Speaker 7: are required by law to notify authorities, because what happens

1704
01:23:09,479 --> 01:23:14,439
Speaker 7: in that time frame between him being buried, being dug up,

1705
01:23:14,840 --> 01:23:20,400
Speaker 7: the autopsy being corrected, and then an investigation beginning, I mean,

1706
01:23:20,439 --> 01:23:26,559
Speaker 7: God forbid, someone who did this is still out there, right.

1707
01:23:26,600 --> 01:23:29,840
Speaker 3: And that's the point, Jeffrey, is what's the status I'm

1708
01:23:29,840 --> 01:23:32,080
Speaker 3: guessing hamilin kind of shriffes involved here, what's the status

1709
01:23:32,120 --> 01:23:34,680
Speaker 3: of that investigation? Do they have suspects or are there

1710
01:23:34,760 --> 01:23:35,719
Speaker 3: people under scrutiny?

1711
01:23:35,760 --> 01:23:36,120
Speaker 2: Do we know.

1712
01:23:37,360 --> 01:23:42,320
Speaker 7: They're diligently pursuing this case. We are in constant contact

1713
01:23:42,400 --> 01:23:45,479
Speaker 7: with them. They're doing everything that they possibly can, and

1714
01:23:45,120 --> 01:23:50,240
Speaker 7: we really appreciate everything that they're doing, obviously, but after

1715
01:23:50,280 --> 01:23:54,360
Speaker 7: something like this happens, there's obviously not a big tendency

1716
01:23:54,400 --> 01:23:57,360
Speaker 7: to be forthcoming with the police. I mean, this is

1717
01:23:57,400 --> 01:24:01,400
Speaker 7: clearly a criminal investigation. I mean, truthfully, any suspect his

1718
01:24:01,600 --> 01:24:07,000
Speaker 7: a right to remain silent, and obviously the nursing facility,

1719
01:24:07,160 --> 01:24:09,880
Speaker 7: you know, we assume, is doing their own investigation and

1720
01:24:09,920 --> 01:24:13,800
Speaker 7: they want to complete that before they're going to disclose things.

1721
01:24:13,880 --> 01:24:16,040
Speaker 3: Yeah, this is is going to be adjudicated in court.

1722
01:24:16,120 --> 01:24:17,800
Speaker 3: So yeah, the lawyers are talking to the lawyers, whose

1723
01:24:17,880 --> 01:24:20,960
Speaker 3: lawyers are talking to our lawyers. I get that, and

1724
01:24:21,320 --> 01:24:24,120
Speaker 3: that's how the world works here in America. I gets

1725
01:24:24,160 --> 01:24:26,800
Speaker 3: The obvious question for those of us here in the

1726
01:24:27,160 --> 01:24:29,679
Speaker 3: cheap seats is how does a hospice doctor, because somebody

1727
01:24:29,680 --> 01:24:32,040
Speaker 3: has to sign that that certificate, how do they miss.

1728
01:24:31,840 --> 01:24:36,960
Speaker 7: That it's signed by We know who the doctor is.

1729
01:24:37,520 --> 01:24:42,960
Speaker 7: And absolutely that's essentially the last line of defense for

1730
01:24:43,040 --> 01:24:46,240
Speaker 7: this family. I mean, that's the last person who should

1731
01:24:46,280 --> 01:24:49,519
Speaker 7: have reported this, and we're looking forward to speaking with

1732
01:24:49,600 --> 01:24:53,080
Speaker 7: them and figuring out why he made the decisions that

1733
01:24:53,120 --> 01:24:57,280
Speaker 7: he made. I mean, without a doubt, the evidence is clear,

1734
01:24:57,720 --> 01:25:02,280
Speaker 7: and at worst, you notify the corner, an autopsy is

1735
01:25:02,320 --> 01:25:06,280
Speaker 7: done and no foul play is determined, Yeah, or foul

1736
01:25:06,360 --> 01:25:09,479
Speaker 7: plays ruled out completely. So there's really no excuse for

1737
01:25:09,520 --> 01:25:14,679
Speaker 7: not contacting the corner. And he's just one of several

1738
01:25:14,920 --> 01:25:18,479
Speaker 7: doctors and nurses are obligated as well, So he's just

1739
01:25:18,479 --> 01:25:21,559
Speaker 7: one of several doctors and nurses and saw mister Meyer

1740
01:25:21,600 --> 01:25:21,720
Speaker 7: and that.

1741
01:25:21,960 --> 01:25:23,559
Speaker 2: And here he is.

1742
01:25:23,560 --> 01:25:26,439
Speaker 3: He's eighty four years, end of life and he's going

1743
01:25:26,479 --> 01:25:29,000
Speaker 3: through you know, he knows he's probably not getting out

1744
01:25:29,040 --> 01:25:33,080
Speaker 3: healthcare center. They transferred to h to hospice, and hospits

1745
01:25:33,120 --> 01:25:34,960
Speaker 3: only have a one way door. They don't have an exit.

1746
01:25:35,000 --> 01:25:36,720
Speaker 3: They have an entrance and that's it. There's only one

1747
01:25:36,760 --> 01:25:38,320
Speaker 3: way out, and you kind of know that's coming.

1748
01:25:38,720 --> 01:25:38,920
Speaker 2: Uh.

1749
01:25:39,200 --> 01:25:42,200
Speaker 3: And and I guess to be treated and dismissing this

1750
01:25:42,280 --> 01:25:43,920
Speaker 3: fashion is extremely disturbing.

1751
01:25:44,600 --> 01:25:44,840
Speaker 8: Uh.

1752
01:25:44,920 --> 01:25:47,479
Speaker 3: And the investigation will continue, hopefully justice will come out

1753
01:25:47,520 --> 01:25:51,960
Speaker 3: for the family. In your research, Jeffrey, and you're a lawyer,

1754
01:25:52,000 --> 01:25:54,880
Speaker 3: you're not a doctor or a physician. How unusual is

1755
01:25:54,920 --> 01:25:57,000
Speaker 3: it for a body to being zoomed based on well

1756
01:25:57,080 --> 01:25:59,280
Speaker 3: family photographs? And what does that tell us about the

1757
01:25:59,280 --> 01:26:00,000
Speaker 3: strength of evidence?

1758
01:26:01,400 --> 01:26:03,240
Speaker 7: I mean, this, this is the first time in my

1759
01:26:03,320 --> 01:26:05,960
Speaker 7: law firms one hundred year history that this has happened.

1760
01:26:06,240 --> 01:26:08,760
Speaker 7: So none of us have ever seen it happen. None

1761
01:26:08,760 --> 01:26:11,479
Speaker 7: of our colleagues, year after year, I've ever seen this happen.

1762
01:26:12,160 --> 01:26:15,280
Speaker 7: This is incredibly unusual. But it speaks to how serious

1763
01:26:15,320 --> 01:26:19,000
Speaker 7: this is and how concerned really the authorities are about

1764
01:26:19,040 --> 01:26:22,080
Speaker 7: what happened and making sure that they find out what happened,

1765
01:26:22,120 --> 01:26:25,880
Speaker 7: and like we were talking about before, prevent this from

1766
01:26:25,920 --> 01:26:29,080
Speaker 7: happening to someone else. But this is this is incredibly

1767
01:26:29,160 --> 01:26:32,240
Speaker 7: unusual and really does not happen.

1768
01:26:32,360 --> 01:26:35,639
Speaker 3: Yeah, yeah, Chris, what's a specific legal standard in Ohio

1769
01:26:35,640 --> 01:26:38,080
Speaker 3: it's required for these facilities to report these things to

1770
01:26:38,120 --> 01:26:40,720
Speaker 3: the corner Because you it sounds like you believe that

1771
01:26:40,760 --> 01:26:43,560
Speaker 3: there was a cover up here.

1772
01:26:43,320 --> 01:26:46,960
Speaker 7: There's a there's a law. You know, not many things

1773
01:26:47,000 --> 01:26:49,599
Speaker 7: are black and white, but in Ohio, there's a law

1774
01:26:49,680 --> 01:26:57,280
Speaker 7: that specifically obligates doctors and nurses for multiple reasons. I mean,

1775
01:26:57,520 --> 01:27:00,479
Speaker 7: I'm just giving you this specific as to this case.

1776
01:27:00,520 --> 01:27:03,320
Speaker 7: I mean, obviously, cases involving children are high up on

1777
01:27:03,360 --> 01:27:09,280
Speaker 7: the list of mandatory reporting to corners, but in this situation,

1778
01:27:09,479 --> 01:27:14,080
Speaker 7: doctors and nurses shell there, meaning there's no sns or

1779
01:27:14,120 --> 01:27:17,639
Speaker 7: butts about it. They shall notify the corner if there's

1780
01:27:17,640 --> 01:27:23,200
Speaker 7: signs of abuse or its completely separate criminal activity, and

1781
01:27:23,280 --> 01:27:27,000
Speaker 7: here we have both of those. So there are very

1782
01:27:27,040 --> 01:27:30,439
Speaker 7: few laws that are as direct as this law is

1783
01:27:30,640 --> 01:27:33,799
Speaker 7: regarding the obligations of doctors and nurses to notify the corner.

1784
01:27:33,920 --> 01:27:34,760
Speaker 2: Yeah.

1785
01:27:34,880 --> 01:27:38,160
Speaker 3: And it's telling too because the initial dust certificate will

1786
01:27:38,400 --> 01:27:41,639
Speaker 3: was listed as protein cavalie mal Let me try that again,

1787
01:27:41,840 --> 01:27:44,840
Speaker 3: protein cavalie malnutrition, which basically means you know, you're not

1788
01:27:44,840 --> 01:27:46,880
Speaker 3: getting the food in. That's very very common at end

1789
01:27:46,880 --> 01:27:50,439
Speaker 3: of life, just not beating. But yet upon the body

1790
01:27:50,479 --> 01:27:53,040
Speaker 3: being exhumed and the investigation shows, well, that wasn't the

1791
01:27:53,080 --> 01:27:56,360
Speaker 3: cause of death. It was physical elder abuse and a

1792
01:27:56,439 --> 01:27:58,400
Speaker 3: contributing factor was deaf by strangulation.

1793
01:27:58,520 --> 01:28:01,920
Speaker 2: That that's murder. Yep.

1794
01:28:02,120 --> 01:28:06,960
Speaker 7: The death certificate clearly says this is a homicide that's

1795
01:28:07,000 --> 01:28:08,959
Speaker 7: at the hands of another human being.

1796
01:28:09,080 --> 01:28:11,200
Speaker 3: And now we've got to find the person or persons

1797
01:28:11,280 --> 01:28:16,080
Speaker 3: responsible here. You, obviously, Jeff, are handling the civil litigation here.

1798
01:28:16,120 --> 01:28:18,720
Speaker 3: But what what criminal charges could potentially be filed here

1799
01:28:18,760 --> 01:28:19,920
Speaker 3: outside of homicide.

1800
01:28:21,400 --> 01:28:25,160
Speaker 7: Well there, I mean, there's a variety of charges within

1801
01:28:26,680 --> 01:28:35,880
Speaker 7: the homicide umbrella, including manslaughter, voluntary, involuntary and obviously aggravated murder.

1802
01:28:35,960 --> 01:28:40,800
Speaker 7: If this was pretty calculated, and you know, we rely

1803
01:28:40,880 --> 01:28:45,439
Speaker 7: on the police to do their investigation identify suspects. Generally,

1804
01:28:45,479 --> 01:28:47,920
Speaker 7: the process is to seek an indictment from a grand

1805
01:28:48,000 --> 01:28:50,760
Speaker 7: jury at that point, so the police will collect all

1806
01:28:50,760 --> 01:28:53,240
Speaker 7: the evidence that they have presented to the grand jury.

1807
01:28:54,360 --> 01:28:59,040
Speaker 7: The grand jury will be tasked with indicting the correct charges,

1808
01:28:59,080 --> 01:29:01,000
Speaker 7: but they will be on or under that.

1809
01:29:02,000 --> 01:29:05,600
Speaker 3: In addition to the healthcare center and the hospice facility,

1810
01:29:05,640 --> 01:29:09,120
Speaker 3: you also named a funeral home in this suit as well.

1811
01:29:09,120 --> 01:29:15,920
Speaker 7: Why well, I mean, there's a variety of harm that

1812
01:29:16,040 --> 01:29:20,759
Speaker 7: was caused to this family, to all them. We firmly

1813
01:29:20,760 --> 01:29:25,519
Speaker 7: believe that a funeral home, seeing a patient in the

1814
01:29:25,520 --> 01:29:31,879
Speaker 7: condition that mister Meyer was in, understands that burying someone

1815
01:29:32,360 --> 01:29:37,879
Speaker 7: without proper investigation is incredibly serious. His family has endured

1816
01:29:37,960 --> 01:29:43,040
Speaker 7: significant trauma because of what happened. The funeral home is

1817
01:29:43,080 --> 01:29:47,040
Speaker 7: not necessarily a healthcare provider. That's that's something that we

1818
01:29:47,120 --> 01:29:51,559
Speaker 7: will flesh out in a lawsuit. But it changes the

1819
01:29:51,640 --> 01:29:54,639
Speaker 7: possible remedies against a facility like that.

1820
01:29:54,960 --> 01:29:58,160
Speaker 3: Interesting, Yeah, because because I mean, in my mind Jeffrey

1821
01:29:58,200 --> 01:30:01,479
Speaker 3: and Plan. An armchair lawyer here, it's like, Okay, well

1822
01:30:01,560 --> 01:30:04,080
Speaker 3: they have the they have the person after they've they're deceased.

1823
01:30:04,360 --> 01:30:06,840
Speaker 3: Do they have access to the medical record cause death?

1824
01:30:06,840 --> 01:30:09,559
Speaker 3: Do they They're not investigating, They're just you know, getting

1825
01:30:09,560 --> 01:30:13,360
Speaker 3: the body prepared for burial and in viewing. So do

1826
01:30:13,439 --> 01:30:15,559
Speaker 3: they even have a hand in going, well, well, they're

1827
01:30:15,560 --> 01:30:16,439
Speaker 3: strangulation mark.

1828
01:30:16,640 --> 01:30:19,160
Speaker 2: Do they know how he died? Does that even factor in?

1829
01:30:20,520 --> 01:30:25,360
Speaker 7: Well, again, the photographs were evident to them as well.

1830
01:30:25,520 --> 01:30:26,320
Speaker 2: Sure, and.

1831
01:30:28,360 --> 01:30:33,559
Speaker 7: Whether the statute requiring certain providers to notify the corner,

1832
01:30:34,479 --> 01:30:37,840
Speaker 7: whether that applies to them is something that will have

1833
01:30:37,920 --> 01:30:40,360
Speaker 7: to be flushed out. But at a minimum, in the

1834
01:30:40,400 --> 01:30:43,799
Speaker 7: business of taking care of, you know, the end stage

1835
01:30:43,800 --> 01:30:47,920
Speaker 7: of life for individuals, and seeing that they're taking care

1836
01:30:47,960 --> 01:30:50,799
Speaker 7: of respectfully and with dignity, you would think it's incumbent

1837
01:30:50,840 --> 01:30:53,840
Speaker 7: on them to at least ask a question, maybe yeah,

1838
01:30:54,280 --> 01:30:58,000
Speaker 7: as to whether this has been investigated and ruled out

1839
01:30:58,240 --> 01:30:58,760
Speaker 7: or ruled in.

1840
01:30:59,120 --> 01:31:02,599
Speaker 3: So here's eighty for a Robert Meyer and his daughter, yes, family.

1841
01:31:03,160 --> 01:31:05,160
Speaker 3: What scares me about this is for those people who

1842
01:31:05,160 --> 01:31:07,280
Speaker 3: are indigen or those people who don't have loved ones

1843
01:31:07,320 --> 01:31:09,360
Speaker 3: around to be able to monitor their care and ask

1844
01:31:09,400 --> 01:31:11,240
Speaker 3: these questions. And it mays want to ask, if this

1845
01:31:11,320 --> 01:31:14,280
Speaker 3: happened to Robert Meyer, how many more cases like this

1846
01:31:14,360 --> 01:31:14,920
Speaker 3: are out there.

1847
01:31:16,120 --> 01:31:19,040
Speaker 7: Yeah, it's a shame that it's incumbent on family a

1848
01:31:19,120 --> 01:31:22,000
Speaker 7: lot of times to keep an eye on their loved one,

1849
01:31:22,720 --> 01:31:25,240
Speaker 7: which is difficult because loved ones don't always live in

1850
01:31:25,280 --> 01:31:28,759
Speaker 7: the same vicinity. Yeah, you know, they're out of state

1851
01:31:28,800 --> 01:31:32,160
Speaker 7: and whatnot, and you know, it really is a shame.

1852
01:31:32,200 --> 01:31:35,640
Speaker 7: But I would encourage any family member to keep in

1853
01:31:35,720 --> 01:31:39,959
Speaker 7: touch with their loved one, keep in touch with the facility. Obviously,

1854
01:31:40,000 --> 01:31:42,880
Speaker 7: if you see something or hear something from your loved

1855
01:31:42,920 --> 01:31:46,960
Speaker 7: one that's concerning, you have the absolute right to request

1856
01:31:47,000 --> 01:31:49,639
Speaker 7: a meeting with the care team for your loved one.

1857
01:31:50,120 --> 01:31:51,960
Speaker 7: They cannot say no to that. So if you have

1858
01:31:52,000 --> 01:31:57,960
Speaker 7: any any concerns, you should absolutely have for a care conference.

1859
01:31:58,000 --> 01:32:02,040
Speaker 7: They call it. And then also the government, the Ohio

1860
01:32:02,080 --> 01:32:07,720
Speaker 7: Department of hell Overseas nursing facilities, and they actually do

1861
01:32:07,800 --> 01:32:12,960
Speaker 7: an incredible job. If they're contacted about a concern, for example,

1862
01:32:12,960 --> 01:32:17,479
Speaker 7: if you're out of state, they will almost always contact

1863
01:32:17,479 --> 01:32:23,800
Speaker 7: the facility and at least initiate a request to look

1864
01:32:23,840 --> 01:32:25,040
Speaker 7: into a loved.

1865
01:32:24,800 --> 01:32:27,240
Speaker 3: One good now because we're all living longer, and this

1866
01:32:27,320 --> 01:32:29,519
Speaker 3: is the downside of that for sure. Jeff Heller is

1867
01:32:29,560 --> 01:32:33,080
Speaker 3: an attorney in Nuremberg, Paris. Heller McCarthy in Cleveland is

1868
01:32:33,080 --> 01:32:35,600
Speaker 3: handling the case of Robert Meyer, certainly one of the

1869
01:32:35,640 --> 01:32:38,960
Speaker 3: more interesting ones and one of the more unbelievable stories

1870
01:32:39,160 --> 01:32:39,920
Speaker 3: that you'll ever hear.

1871
01:32:40,040 --> 01:32:41,639
Speaker 2: And I'll hold on your number, Jeff.

1872
01:32:41,720 --> 01:32:44,840
Speaker 3: I'll reach back out as a story unravels, because there's

1873
01:32:44,840 --> 01:32:47,120
Speaker 3: going to be a lot more. I guess things to

1874
01:32:47,200 --> 01:32:48,880
Speaker 3: drop in this case as it moves forward, but I'd

1875
01:32:48,920 --> 01:32:50,000
Speaker 3: love to have you back at some point.

1876
01:32:50,280 --> 01:32:52,600
Speaker 7: Absolutely. I really appreciate it and I look forward to

1877
01:32:52,640 --> 01:32:53,439
Speaker 7: speaking with you again.

1878
01:32:53,760 --> 01:32:56,880
Speaker 3: Yes, sir, we live longer and there's unforeseen dangers out

1879
01:32:56,880 --> 01:33:00,880
Speaker 3: there like this. We'll talk your wallet up next. Took

1880
01:33:00,880 --> 01:33:03,040
Speaker 3: it in the shorts yesterday. Actually we found out. Today's

1881
01:33:03,080 --> 01:33:05,080
Speaker 3: going to Andy Schaeffer from Simply Money and all Worth

1882
01:33:05,080 --> 01:33:08,360
Speaker 3: Financial Belt. Why we had that big dip yesterday, Ai

1883
01:33:08,400 --> 01:33:10,479
Speaker 3: and terrists more to follow seven hundred w Golde.

1884
01:33:11,040 --> 01:33:12,280
Speaker 2: Time to talk.

1885
01:33:12,040 --> 01:33:14,880
Speaker 1: About money, how to make it, how to keep it,

1886
01:33:15,120 --> 01:33:21,840
Speaker 1: and how to keep others off your stash. This is

1887
01:33:21,920 --> 01:33:25,240
Speaker 1: all Worth advice with Andy Schaeffer, Andy, good morning.

1888
01:33:25,240 --> 01:33:29,000
Speaker 2: How's life Scott? Life couldn't be better? All right? We'll

1889
01:33:29,000 --> 01:33:29,599
Speaker 2: see about that.

1890
01:33:29,600 --> 01:33:32,320
Speaker 3: The Dow was down eight hundred points plus yesterday, took

1891
01:33:32,320 --> 01:33:34,519
Speaker 3: it in the shorts. It looks like it's rebounding today.

1892
01:33:34,880 --> 01:33:36,799
Speaker 3: But then again, we have State of the Union tonight,

1893
01:33:36,880 --> 01:33:39,560
Speaker 3: So the President could say something that could cause the

1894
01:33:39,600 --> 01:33:41,760
Speaker 3: market to go up a thousand points or down five

1895
01:33:41,840 --> 01:33:43,960
Speaker 3: hundred points tomorrow. We don't know at this point. I

1896
01:33:43,960 --> 01:33:45,680
Speaker 3: think a couple of things working here. Most people think

1897
01:33:45,800 --> 01:33:48,840
Speaker 3: it was a tariff seal, but it was also AI.

1898
01:33:48,840 --> 01:33:50,280
Speaker 3: I want to get to that in a second, but

1899
01:33:50,680 --> 01:33:53,680
Speaker 3: let's start with the tariffs and the President after the

1900
01:33:53,680 --> 01:33:55,880
Speaker 3: Supreme Court ruling saying well, we're going to move forward

1901
01:33:55,880 --> 01:33:59,280
Speaker 3: anyway with ten percent now immediately tonight, and it's going

1902
01:33:59,320 --> 01:34:01,960
Speaker 3: to go up to fifteen at some point. Take us

1903
01:34:01,960 --> 01:34:03,960
Speaker 3: through what that looks like for the market and if

1904
01:34:03,960 --> 01:34:04,719
Speaker 3: that's even doable.

1905
01:34:05,360 --> 01:34:06,599
Speaker 2: Yeah, I can, I can do that.

1906
01:34:06,720 --> 01:34:09,680
Speaker 9: I think you know that's on most investors' minds is

1907
01:34:09,720 --> 01:34:13,960
Speaker 9: how does the tariffs impact the markets, the economy. The

1908
01:34:14,040 --> 01:34:16,479
Speaker 9: ruling by the judicial branch, all of that is the

1909
01:34:16,520 --> 01:34:20,200
Speaker 9: Supreme Court. So essentially the Supreme Court ruled that Trump

1910
01:34:20,240 --> 01:34:24,160
Speaker 9: cannot use the International Emergency Economic Powers Act. He calls

1911
01:34:24,200 --> 01:34:27,919
Speaker 9: it AIPA. I love a good acronym, you know, And

1912
01:34:28,120 --> 01:34:31,800
Speaker 9: the path now is basically was ruled unconstitutional. You have

1913
01:34:31,840 --> 01:34:35,280
Speaker 9: to understand how the different branches of government works. So

1914
01:34:35,880 --> 01:34:37,599
Speaker 9: you know, we have to go back to sixth grade

1915
01:34:37,640 --> 01:34:41,439
Speaker 9: civics to understand that the legislative branch, which is primarily Congress,

1916
01:34:41,479 --> 01:34:45,240
Speaker 9: is responsible for making the laws. The executive branch, the president,

1917
01:34:45,320 --> 01:34:47,799
Speaker 9: is responsible for enforcing or carrying out the laws.

1918
01:34:48,200 --> 01:34:49,840
Speaker 2: The judicial branch interpose the laws.

1919
01:34:49,840 --> 01:34:52,839
Speaker 9: And basically what the judicial branch has said the Supreme

1920
01:34:52,880 --> 01:34:56,280
Speaker 9: Court effectively is that Donald Trump can't do this. And

1921
01:34:56,600 --> 01:34:59,560
Speaker 9: he was citing the fact that, hey, this is an emergency.

1922
01:34:59,720 --> 01:34:59,880
Speaker 2: You know.

1923
01:35:00,000 --> 01:35:02,880
Speaker 9: The reasons that I'm using these terriffs are to prevent

1924
01:35:03,439 --> 01:35:07,880
Speaker 9: fentanyl from coming into the United States and also by

1925
01:35:08,040 --> 01:35:10,360
Speaker 9: making sure that we have leverage against you know, a

1926
01:35:10,400 --> 01:35:13,160
Speaker 9: lot of our international foes. And you know, basically, what

1927
01:35:13,160 --> 01:35:15,120
Speaker 9: the judicial branch said is no, no, no, no, you

1928
01:35:15,160 --> 01:35:18,160
Speaker 9: can't do that. This is what Congress is for. Congress

1929
01:35:18,200 --> 01:35:20,799
Speaker 9: needs to make these laws. This is part of Article one,

1930
01:35:21,280 --> 01:35:24,759
Speaker 9: you know, of the Constitution. This is unconstitutional and Essentially,

1931
01:35:25,120 --> 01:35:27,439
Speaker 9: the markets responded and said, oh, no, what are we

1932
01:35:27,479 --> 01:35:28,200
Speaker 9: going to do?

1933
01:35:28,320 --> 01:35:30,559
Speaker 2: How do we pay these back? What does this look like?

1934
01:35:31,000 --> 01:35:34,280
Speaker 9: It's scary and it becomes you know, more uncertainty for

1935
01:35:34,400 --> 01:35:37,640
Speaker 9: the investor in general because it's so complicated and we

1936
01:35:37,680 --> 01:35:40,000
Speaker 9: really don't know what the fallout is. Well, you know,

1937
01:35:40,080 --> 01:35:42,679
Speaker 9: as we kind of uncover and look into the legal

1938
01:35:43,040 --> 01:35:46,479
Speaker 9: abilities of the executive branch, particularly Donald Trump, we found

1939
01:35:46,479 --> 01:35:48,800
Speaker 9: that well, he has other methods that he can use

1940
01:35:48,880 --> 01:35:51,840
Speaker 9: to use terrorists on these other countries as well.

1941
01:35:52,320 --> 01:35:54,120
Speaker 2: Uh one, Article T one.

1942
01:35:54,080 --> 01:35:56,880
Speaker 9: Twenty two, two thirty two, et cetera, which allows him

1943
01:35:57,160 --> 01:36:00,600
Speaker 9: to have these powers, which effectively means that, yes, we

1944
01:36:00,640 --> 01:36:03,280
Speaker 9: can put tariffs on other countries in different ways. It's

1945
01:36:03,320 --> 01:36:05,960
Speaker 9: just a little bit more cumbersome, but it can be done.

1946
01:36:06,040 --> 01:36:07,840
Speaker 9: And so I don't think it's going to have a

1947
01:36:07,880 --> 01:36:11,439
Speaker 9: major impact on the markets. I know yesterday Marcus felt

1948
01:36:11,479 --> 01:36:13,840
Speaker 9: quite a bit, but I think that had largely to

1949
01:36:13,880 --> 01:36:16,679
Speaker 9: do with the uncertainty of how these teriffs play out.

1950
01:36:16,920 --> 01:36:19,240
Speaker 3: Okay, that's the tariff element, and also we have now

1951
01:36:19,240 --> 01:36:21,360
Speaker 3: the refund element of that too. Some one hundred and

1952
01:36:21,400 --> 01:36:25,360
Speaker 3: fifty billion dollars, yeah, is what we collected in tariffs,

1953
01:36:25,400 --> 01:36:27,799
Speaker 3: and now companies are lined up to get that money

1954
01:36:27,840 --> 01:36:30,799
Speaker 3: back because of the Supreme Court ruling. FedEx, for example,

1955
01:36:31,160 --> 01:36:34,439
Speaker 3: filed suit yesterday in the Court of International Trade after

1956
01:36:34,479 --> 01:36:39,040
Speaker 3: that decision. They said they want the refund duties collected

1957
01:36:39,040 --> 01:36:41,960
Speaker 3: from the company and all entries subject to tariffs under LIPA.

1958
01:36:42,760 --> 01:36:45,840
Speaker 3: And so you've got countless companies, big and otherwise that

1959
01:36:45,960 --> 01:36:47,840
Speaker 3: are part of this too. How do you sort that out?

1960
01:36:47,880 --> 01:36:50,000
Speaker 3: And what impact does that have in the economy. Yeah,

1961
01:36:50,040 --> 01:36:51,120
Speaker 3: I mean it could take years.

1962
01:36:51,280 --> 01:36:51,479
Speaker 8: You know.

1963
01:36:51,600 --> 01:36:55,880
Speaker 9: Senate Democrats basically announced legislation yesterday that will require full

1964
01:36:55,960 --> 01:36:59,320
Speaker 9: refunds with interest, you know, at the sum of about

1965
01:36:59,360 --> 01:37:02,439
Speaker 9: one hundred and seventy five billion dollars. And so you know,

1966
01:37:02,479 --> 01:37:04,320
Speaker 9: you have all this money that was collected by the

1967
01:37:04,520 --> 01:37:08,680
Speaker 9: emergency terriffs i EVA tariffs or whatever. So those refunds

1968
01:37:08,720 --> 01:37:11,320
Speaker 9: will be issued to businesses that pay the import duties,

1969
01:37:11,840 --> 01:37:14,680
Speaker 9: you know business cause could pass some on to the

1970
01:37:14,720 --> 01:37:17,760
Speaker 9: benefit of the consumers by lowering prices. But this will

1971
01:37:17,760 --> 01:37:20,719
Speaker 9: take years to you know, really kind of play out.

1972
01:37:20,840 --> 01:37:23,320
Speaker 9: And from an economic standpoint, you had a lot of

1973
01:37:23,320 --> 01:37:25,920
Speaker 9: FED speakers that basically said, you know, we're not even

1974
01:37:26,000 --> 01:37:28,400
Speaker 9: really looking at this. We're more looking at what what

1975
01:37:28,560 --> 01:37:30,320
Speaker 9: jobs and what the labor market is telling us, and

1976
01:37:30,320 --> 01:37:33,320
Speaker 9: what inflation data tells us, because this is really kind

1977
01:37:33,360 --> 01:37:35,440
Speaker 9: of you know nothing.

1978
01:37:35,160 --> 01:37:36,400
Speaker 2: As far as they're concerned.

1979
01:37:36,439 --> 01:37:38,880
Speaker 9: You know this, this will be carried out over time,

1980
01:37:38,960 --> 01:37:42,200
Speaker 9: and our economy is so robust that it probably won't

1981
01:37:42,280 --> 01:37:45,240
Speaker 9: have a major impact, not only to businesses. Maybe they

1982
01:37:45,240 --> 01:37:47,519
Speaker 9: do see some sort of refund, but it's not like

1983
01:37:47,560 --> 01:37:50,400
Speaker 9: the consumers are going to get you know, the benefit

1984
01:37:50,439 --> 01:37:54,240
Speaker 9: of this. Maybe eventually lower prices, but it's not going

1985
01:37:54,280 --> 01:37:55,440
Speaker 9: to be anything that's significant.

1986
01:37:55,479 --> 01:37:57,160
Speaker 3: All right, And people heard this and what a lots

1987
01:37:57,160 --> 01:37:59,280
Speaker 3: of Trump tariffs is why the market went down with

1988
01:37:59,320 --> 01:38:01,439
Speaker 3: the ruling and everything else. Now there was something else

1989
01:38:01,479 --> 01:38:03,360
Speaker 3: in there too, and it had to do with AI.

1990
01:38:04,000 --> 01:38:06,559
Speaker 3: There's a viral report that came out that tapped into

1991
01:38:06,560 --> 01:38:08,479
Speaker 3: a new strain of fears about AI. And it's a

1992
01:38:08,520 --> 01:38:12,200
Speaker 3: pretty bleak future in which technological change inspires a race

1993
01:38:12,240 --> 01:38:14,800
Speaker 3: to the bottom and white collar the industry. So what

1994
01:38:14,840 --> 01:38:16,879
Speaker 3: we know between our ears is going to be replaced

1995
01:38:16,880 --> 01:38:20,920
Speaker 3: by AI. There's concerns over people are scaling this up.

1996
01:38:21,000 --> 01:38:23,120
Speaker 3: Just don't have any money left they spent out already,

1997
01:38:23,479 --> 01:38:26,040
Speaker 3: and there's disruption all over the place. They call it

1998
01:38:26,040 --> 01:38:30,080
Speaker 3: a global intelligence crisis that's about to hit here. So

1999
01:38:30,400 --> 01:38:33,240
Speaker 3: what if AI is so bullish of the economy, it

2000
01:38:33,280 --> 01:38:34,240
Speaker 3: actually is bearished.

2001
01:38:34,240 --> 01:38:35,160
Speaker 2: That's what this sounds like.

2002
01:38:36,080 --> 01:38:38,880
Speaker 9: Well, I mean, there was an interesting piece that was

2003
01:38:38,880 --> 01:38:43,040
Speaker 9: co authored by a research department and basically they're a

2004
01:38:43,080 --> 01:38:46,080
Speaker 9: managing partner of a tech company, and it was basically

2005
01:38:46,160 --> 01:38:48,920
Speaker 9: kind of a look back and to see what this AI,

2006
01:38:50,000 --> 01:38:53,040
Speaker 9: you know, revolution looks like. And I think what people

2007
01:38:53,040 --> 01:38:56,400
Speaker 9: were really fearful about is, well, we've gained all of

2008
01:38:56,439 --> 01:39:01,040
Speaker 9: this momentum from AI. We've all benefited from the stock

2009
01:39:01,080 --> 01:39:03,920
Speaker 9: prices of AI that have increased over time, and we

2010
01:39:03,920 --> 01:39:07,360
Speaker 9: see this valuation that is super inflated because you know

2011
01:39:07,400 --> 01:39:11,120
Speaker 9: what we are when we're buying AI, we're anticipating that

2012
01:39:11,320 --> 01:39:15,320
Speaker 9: the production and the profitability will increase over time and

2013
01:39:15,360 --> 01:39:19,280
Speaker 9: in the future. Well, when you have significant pe ratios,

2014
01:39:19,360 --> 01:39:21,800
Speaker 9: which means that the price is higher than what the

2015
01:39:21,840 --> 01:39:25,439
Speaker 9: earnings potential is, you have a potential for a bubble.

2016
01:39:25,479 --> 01:39:28,320
Speaker 9: And that's the major fear here and it's going to continue.

2017
01:39:28,439 --> 01:39:30,120
Speaker 9: We're going to be talking about this Scott for the

2018
01:39:30,160 --> 01:39:32,880
Speaker 9: next two to three years until this all shakes out

2019
01:39:32,920 --> 01:39:35,479
Speaker 9: we figure out what AI is actually going to do

2020
01:39:35,560 --> 01:39:36,959
Speaker 9: from a profitability standpoint.

2021
01:39:36,960 --> 01:39:38,040
Speaker 2: But here's what I do now.

2022
01:39:38,600 --> 01:39:40,880
Speaker 9: I know that if you're a business owner or if

2023
01:39:40,920 --> 01:39:43,960
Speaker 9: you're an employee, we are using AI more and more

2024
01:39:44,040 --> 01:39:46,559
Speaker 9: every day. I see it with the job, I see

2025
01:39:46,600 --> 01:39:49,200
Speaker 9: it within our business. I was talking to some friends

2026
01:39:49,240 --> 01:39:51,600
Speaker 9: the other day and some clients that use AI to

2027
01:39:51,600 --> 01:39:55,120
Speaker 9: plan their vacations. So it's here and we have to

2028
01:39:55,200 --> 01:39:56,840
Speaker 9: understand how to use it, and I think you have

2029
01:39:56,920 --> 01:40:00,679
Speaker 9: to adapt. In my opinion, I'm more bullish on AI

2030
01:40:01,000 --> 01:40:05,360
Speaker 9: than I think a lot of fearful investors are currently.

2031
01:40:05,640 --> 01:40:07,439
Speaker 9: I think that as we move into the future, AI

2032
01:40:07,560 --> 01:40:09,240
Speaker 9: is going to be more a part of our daily lives.

2033
01:40:09,520 --> 01:40:12,840
Speaker 9: We'll see how it affects employment and in how it

2034
01:40:12,880 --> 01:40:15,840
Speaker 9: affects businesses. But I think we will adapt just like

2035
01:40:15,880 --> 01:40:18,400
Speaker 9: we did during the Industrial Revolution, just like we did

2036
01:40:18,400 --> 01:40:21,880
Speaker 9: in the early two thousands, absolutely to the internet, and

2037
01:40:21,920 --> 01:40:24,040
Speaker 9: so I think it's here to stay. I'm not as

2038
01:40:24,080 --> 01:40:27,840
Speaker 9: fearful as some economists might be. I think it's a

2039
01:40:27,880 --> 01:40:29,719
Speaker 9: good place to be invested, and I think you should

2040
01:40:29,880 --> 01:40:32,439
Speaker 9: still should have that as a piece of your portfolio.

2041
01:40:32,000 --> 01:40:35,280
Speaker 3: Not only with every time we've had a disruption like this.

2042
01:40:35,560 --> 01:40:38,200
Speaker 3: An AI's a massive disrupt could be the mad biggest

2043
01:40:38,280 --> 01:40:41,800
Speaker 3: disruptor of our lives. Yeah, it's going to take a

2044
01:40:41,800 --> 01:40:43,920
Speaker 3: lot of jobs, but it's also going to produce a

2045
01:40:43,920 --> 01:40:45,800
Speaker 3: lot of jobs that aren't even jobs yet.

2046
01:40:45,840 --> 01:40:47,080
Speaker 2: That's what we always forget.

2047
01:40:47,680 --> 01:40:49,960
Speaker 9: Yeah, and I think as we move forward into the future,

2048
01:40:50,000 --> 01:40:52,320
Speaker 9: technology is going to be a bigger player there, right.

2049
01:40:52,360 --> 01:40:55,760
Speaker 9: You know, back in the early nineteen hundreds, we were

2050
01:40:55,760 --> 01:40:58,360
Speaker 9: more of a manufacturing type of society. That's what really

2051
01:40:58,479 --> 01:41:01,960
Speaker 9: drove our economy. Twenty percent of our economy was manufacturing,

2052
01:41:02,040 --> 01:41:05,639
Speaker 9: only thirty percent with services. That has recently flipped since

2053
01:41:05,680 --> 01:41:08,360
Speaker 9: the nineteen seventies and eighties. We are now seventy percent

2054
01:41:08,439 --> 01:41:11,960
Speaker 9: more of a services industry, only thirty percent manufacturing. And

2055
01:41:12,000 --> 01:41:14,599
Speaker 9: as we move into the future, most of our future

2056
01:41:14,640 --> 01:41:15,640
Speaker 9: is going to be technology.

2057
01:41:15,800 --> 01:41:17,920
Speaker 2: I like technology. I like my Apple phone.

2058
01:41:18,000 --> 01:41:20,760
Speaker 9: It tells me how to get places, it helps me

2059
01:41:20,880 --> 01:41:23,439
Speaker 9: order food, it gives me reservations. And I think that

2060
01:41:23,520 --> 01:41:26,400
Speaker 9: as you continue to use technology and you start to

2061
01:41:26,479 --> 01:41:29,519
Speaker 9: realize what AI is all about and utilize that in

2062
01:41:29,560 --> 01:41:31,800
Speaker 9: your everyday life, you're going to understand it makes our

2063
01:41:31,800 --> 01:41:32,879
Speaker 9: lives a lot easier.

2064
01:41:32,880 --> 01:41:35,400
Speaker 2: So it's not going anywhere, and it does make us

2065
01:41:35,400 --> 01:41:36,080
Speaker 2: more productive.

2066
01:41:36,080 --> 01:41:38,680
Speaker 9: The things that I can get done by using AI

2067
01:41:39,080 --> 01:41:41,760
Speaker 9: opens up my day to a lot more productivity. And

2068
01:41:41,800 --> 01:41:44,200
Speaker 9: I use it, you know, literally every day, and I

2069
01:41:44,200 --> 01:41:47,479
Speaker 9: think most workers will as well. Now is that going

2070
01:41:47,520 --> 01:41:49,880
Speaker 9: to eliminate my job in the future, I don't think so.

2071
01:41:50,080 --> 01:41:53,479
Speaker 9: I think you're an emotional component of people in general

2072
01:41:53,520 --> 01:41:56,360
Speaker 9: that want to interact with other individuals as opposed to

2073
01:41:56,439 --> 01:42:00,080
Speaker 9: relying on AI. And we're still not fully aware of

2074
01:42:00,160 --> 01:42:04,040
Speaker 9: the factual basis of AI and how accurate it can be.

2075
01:42:04,120 --> 01:42:06,559
Speaker 9: There is some fear there as well, but as more

2076
01:42:06,560 --> 01:42:08,519
Speaker 9: and more people use it, I think they'll realize that

2077
01:42:08,600 --> 01:42:11,760
Speaker 9: it becomes, you know, a useful tool not only from

2078
01:42:11,800 --> 01:42:14,759
Speaker 9: an employment standpoint, but also within our everyday loss.

2079
01:42:14,880 --> 01:42:17,840
Speaker 3: Yeah, and finally too, these two things tied together with

2080
01:42:17,880 --> 01:42:22,280
Speaker 3: our old front inflation here too and the inflation outlook right.

2081
01:42:22,320 --> 01:42:24,760
Speaker 3: And it's kind of hard too, because you know, we

2082
01:42:24,760 --> 01:42:27,360
Speaker 3: we had this many government shutdown going on yet again,

2083
01:42:27,960 --> 01:42:29,560
Speaker 3: and to try and get all these numbers together is

2084
01:42:29,640 --> 01:42:32,719
Speaker 3: rather difficult. But I know, inflation from from an inflation standpoint,

2085
01:42:32,760 --> 01:42:34,600
Speaker 3: when it's AI, but a special to teariffs, where do

2086
01:42:34,640 --> 01:42:35,080
Speaker 3: we stand?

2087
01:42:36,240 --> 01:42:38,640
Speaker 9: Well, you know, what we saw towards the end of

2088
01:42:38,720 --> 01:42:41,759
Speaker 9: last year was that our growth was a lot weaker

2089
01:42:41,800 --> 01:42:43,920
Speaker 9: than what we thought, and I think a lot of

2090
01:42:43,920 --> 01:42:46,720
Speaker 9: that has to do with the government shutdown. When we

2091
01:42:46,760 --> 01:42:49,599
Speaker 9: look at inflation, it is trending lower. When you take

2092
01:42:49,640 --> 01:42:54,400
Speaker 9: out a lot of the external costs like exports, imports

2093
01:42:54,560 --> 01:42:56,920
Speaker 9: and those types of things, those are violable categories that

2094
01:42:56,960 --> 01:43:01,720
Speaker 9: don't really represent the underlying economic trend. Core GDP is

2095
01:43:01,760 --> 01:43:04,479
Speaker 9: a healthy two point four percent. That is in line

2096
01:43:04,520 --> 01:43:06,640
Speaker 9: with the range over the past three years. And so

2097
01:43:06,760 --> 01:43:10,400
Speaker 9: when we look at moving forward and hopefully these government

2098
01:43:10,439 --> 01:43:13,000
Speaker 9: shutdowns start to minimize a little bit, and who knows,

2099
01:43:13,080 --> 01:43:14,920
Speaker 9: you know, Congress loves to shut down and go on

2100
01:43:15,000 --> 01:43:17,680
Speaker 9: vacation and do those types of things, I think the

2101
01:43:17,720 --> 01:43:20,640
Speaker 9: economy is in pretty good, pretty good shape. When the

2102
01:43:20,680 --> 01:43:22,599
Speaker 9: Fed meets, we're going to get a ton of FED

2103
01:43:22,640 --> 01:43:25,599
Speaker 9: speakers this week. I think that it's not likely that

2104
01:43:25,680 --> 01:43:28,800
Speaker 9: we see another cut, and probably until June, I think

2105
01:43:28,880 --> 01:43:31,400
Speaker 9: is the next most likely cut. But we'll see how

2106
01:43:31,439 --> 01:43:33,640
Speaker 9: it goes. We'll see what the Fed members have to

2107
01:43:33,640 --> 01:43:36,080
Speaker 9: say this week. But I think generally we're kind of

2108
01:43:36,120 --> 01:43:39,400
Speaker 9: in a Goalilock's phase right now, where unemployment is fairly

2109
01:43:39,479 --> 01:43:43,360
Speaker 9: reasonably low. And also I think that inflation is trending

2110
01:43:43,360 --> 01:43:45,240
Speaker 9: the way that the Fed wants. And I don't think

2111
01:43:45,240 --> 01:43:47,000
Speaker 9: that tariffs are going to have a major impact on you.

2112
01:43:47,200 --> 01:43:49,720
Speaker 3: I know, the jobless claims ticked up a little bit.

2113
01:43:50,280 --> 01:43:53,240
Speaker 3: Is that just like seasonal or weather? What is it both?

2114
01:43:53,920 --> 01:43:57,080
Speaker 9: I think it is influenced by seasonal adjustments, you know,

2115
01:43:57,160 --> 01:43:59,720
Speaker 9: usually the winner we start to see that increase a

2116
01:43:59,720 --> 01:44:02,760
Speaker 9: little little bit, you know, really right now, what we're

2117
01:44:02,760 --> 01:44:04,760
Speaker 9: seeing is that if you're out of a job, it's

2118
01:44:04,760 --> 01:44:08,479
Speaker 9: a little bit harder to find a job. But most

2119
01:44:08,520 --> 01:44:11,840
Speaker 9: of mostly, I think that employment is fairly stable. If

2120
01:44:11,840 --> 01:44:15,040
Speaker 9: you have a job, you're more likely to keep it

2121
01:44:15,120 --> 01:44:15,680
Speaker 9: than lose it.

2122
01:44:16,360 --> 01:44:19,679
Speaker 3: Okay, Andy Schaeffer from all Worth Financial and the Simple

2123
01:44:19,760 --> 01:44:22,200
Speaker 3: Money Show that airs at six on fifty five KRC,

2124
01:44:22,360 --> 01:44:24,679
Speaker 3: A little weekly tune up with your money. The President's

2125
01:44:24,680 --> 01:44:27,160
Speaker 3: going to speak at the State of the Union tonight tonight,

2126
01:44:27,200 --> 01:44:31,160
Speaker 3: tonight tonight. In typical Trump fashion, usually he drops a

2127
01:44:31,200 --> 01:44:33,160
Speaker 3: bomb no one's expecting, or says something away.

2128
01:44:33,200 --> 01:44:34,120
Speaker 2: What did he just say?

2129
01:44:34,960 --> 01:44:37,360
Speaker 3: As someone who follows the markets and has to calm

2130
01:44:37,400 --> 01:44:41,200
Speaker 3: down nervous investors, do you anticipate tonight's State of the Union.

2131
01:44:41,240 --> 01:44:43,280
Speaker 3: You're prepared for an early day tomorrow. I just you know,

2132
01:44:43,320 --> 01:44:45,080
Speaker 3: we've seen this before where he says something, Oh, we

2133
01:44:45,120 --> 01:44:48,000
Speaker 3: didn't see that coming in everyone starts flipping out.

2134
01:44:48,400 --> 01:44:49,639
Speaker 2: Yeah, you know, it's funny.

2135
01:44:50,120 --> 01:44:54,320
Speaker 9: My clients typically know and anticipate, you know, really what

2136
01:44:54,439 --> 01:44:56,400
Speaker 9: I'm going to say, So anytime I get an email

2137
01:44:56,479 --> 01:44:58,479
Speaker 9: or a phone call, they usually say, you know, Andy,

2138
01:44:58,560 --> 01:45:00,240
Speaker 9: I think I know what you're going to say, but

2139
01:45:00,280 --> 01:45:03,120
Speaker 9: I just need to ask it anyway. And essentially, the

2140
01:45:03,120 --> 01:45:07,360
Speaker 9: markets have kind of already adjusted the bluster from Donald

2141
01:45:07,400 --> 01:45:10,360
Speaker 9: Trump and the potential for him to say something funny tonight.

2142
01:45:11,240 --> 01:45:14,519
Speaker 9: So my clients are already prepared for volatility. You know,

2143
01:45:14,560 --> 01:45:17,479
Speaker 9: I've told all of them, you know, leading into this year.

2144
01:45:17,760 --> 01:45:20,080
Speaker 9: You know, don't be surprised if we see a pullback.

2145
01:45:20,120 --> 01:45:23,760
Speaker 9: It's likely to happen. But in an expanding economy, any

2146
01:45:23,800 --> 01:45:25,800
Speaker 9: type of pullback that we see is going to be

2147
01:45:25,800 --> 01:45:27,840
Speaker 9: short lived, so we don't really flinch at that.

2148
01:45:28,240 --> 01:45:28,400
Speaker 2: You know.

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Speaker 9: Ultimately, what we're focused on is recession risk probability, and

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01:45:32,439 --> 01:45:34,400
Speaker 9: that's very low at this time. So if you do

2151
01:45:34,439 --> 01:45:38,400
Speaker 9: see a pullback, don't be alarmed, it's likely due to

2152
01:45:38,439 --> 01:45:42,599
Speaker 9: investor irrational behavior, a reaction to headlines, and that's not

2153
01:45:42,640 --> 01:45:44,720
Speaker 9: something that we try to get tied up into. It

2154
01:45:44,880 --> 01:45:48,200
Speaker 9: just is not that important and it's very short lived. Okay,

2155
01:45:48,320 --> 01:45:50,920
Speaker 9: week ahead, what are we looking at? Well, we have

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01:45:51,000 --> 01:45:53,280
Speaker 9: a pretty quiet week this week. I think the most

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01:45:53,280 --> 01:45:56,720
Speaker 9: important thing is the producer price index on Friday. That

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01:45:56,920 --> 01:46:00,280
Speaker 9: usually gives us an idea of how inflation looks from

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01:46:00,280 --> 01:46:03,280
Speaker 9: the consumer standpoint. It's almost forecasting, you know what the

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01:46:03,320 --> 01:46:07,040
Speaker 9: consumer looks like from an inflation price point portfolio. And

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01:46:07,120 --> 01:46:09,120
Speaker 9: we also are going to have a number of FED

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01:46:09,200 --> 01:46:11,720
Speaker 9: speakers this week. They like to talk, they like to

2163
01:46:11,720 --> 01:46:14,360
Speaker 9: tell us what they think, so I'll be keeping a

2164
01:46:14,360 --> 01:46:15,040
Speaker 9: close eye on that.

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Speaker 3: Well, all right, fair enough, Andy Schaeffer, Simply Money and

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01:46:18,439 --> 01:46:19,240
Speaker 3: all Worth Financial.

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01:46:19,320 --> 01:46:21,560
Speaker 2: Thanks again, brother, appreciate it. Okay, Scott, talking to you.

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01:46:21,640 --> 01:46:22,320
Speaker 2: Talk next week.

2169
01:46:22,360 --> 01:46:24,800
Speaker 3: And of course the all Worth team does Simply Money

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01:46:24,800 --> 01:46:27,120
Speaker 3: tonight at six on fifty five KRC.

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01:46:27,280 --> 01:46:29,400
Speaker 2: Always check your wallet every Tuesday morn. I don't know why.

2172
01:46:29,439 --> 01:46:34,440
Speaker 3: Tuesday feels like Monday would be depressing, Wednesday feels like eh, Tuesday.

2173
01:46:34,120 --> 01:46:35,120
Speaker 2: Seems like a good day for this.

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01:46:35,240 --> 01:46:37,559
Speaker 3: Actually, most people check their fur own case Monday Tuesday.

2175
01:46:37,640 --> 01:46:40,280
Speaker 3: So if you take a peek at that, yeah, it's

2176
01:46:40,320 --> 01:46:41,680
Speaker 3: going to be a bad day for you. Said no,

2177
01:46:41,760 --> 01:46:43,320
Speaker 3: look at it's get a waitful tomorrow. Wait, don't we

2178
01:46:43,400 --> 01:46:45,280
Speaker 3: give it a week? Relax, relax like getting on the

2179
01:46:45,320 --> 01:46:47,600
Speaker 3: scale every day. You shouldn't do it. Willy is on

2180
01:46:47,680 --> 01:46:49,760
Speaker 3: the way after news update coming up top of the hour.

2181
01:46:49,760 --> 01:46:52,080
Speaker 3: We got the weather whiplash effect going on. We got snow,

2182
01:46:52,080 --> 01:46:53,920
Speaker 3: we got warm, we got snow coming back in and

2183
01:46:53,920 --> 01:46:56,280
Speaker 3: then warm again. We'll wrap that up for you in

2184
01:46:56,280 --> 01:46:58,880
Speaker 3: a nice little bow. And as I said, Willie at

2185
01:46:58,880 --> 01:47:00,840
Speaker 3: the twelve oh six to day here on the Home

2186
01:47:00,840 --> 01:47:03,479
Speaker 3: of the reds back at it against Kansas City today.

2187
01:47:03,520 --> 01:47:06,280
Speaker 3: That's over on I believe ESPN or now I think

2188
01:47:06,280 --> 01:47:09,800
Speaker 3: that's on thirteen sixty. I believe, I believe Scott Sloan show.

2189
01:47:09,840 --> 01:47:11,960
Speaker 3: I'm the Home of the Red seven hundred WWT, Cincinnati,