WEBVTT - 2-24-26 Scott Sloan Show 0:00:00.160 --> 0:00:01.760 Do you want to be an American? 0:00:03.600 --> 0:00:06.520 Scott some show on seven hundred ww welcome, we have 0:00:06.600 --> 0:00:07.600 a new high. 0:00:08.160 --> 0:00:11.559 The average cost or a new vehicle off the lot, 0:00:11.640 --> 0:00:17.360 drive it off the lot is now over fifty thousand dollars. 0:00:18.360 --> 0:00:21.640 Let that percolate for a minute in your head. New 0:00:21.680 --> 0:00:24.120 cars have never cost more, the loans to buy them 0:00:24.160 --> 0:00:28.080 have never been bigger or longer, and Americans are about 0:00:28.080 --> 0:00:30.560 their breaking point right now. On This is the senior 0:00:30.640 --> 0:00:33.160 editor of Auto Trader and Kelly Bluebook, Brian Moody. 0:00:33.159 --> 0:00:36.680 Welcome, good morning, Thank you. Yeah, you're right. 0:00:36.760 --> 0:00:39.000 Things are expensive, but I'm going to tell you this 0:00:39.120 --> 0:00:41.400 right now, there are ways around it. 0:00:41.400 --> 0:00:43.360 It's not quite as dire. 0:00:43.200 --> 0:00:46.160 As many people who are strapped for cash would think. 0:00:46.720 --> 0:00:49.120 Yeah, well, Americans, that comes to numbers. I'm not a 0:00:49.159 --> 0:00:51.479 numbers guy, but you know we have those milestones. Now, 0:00:51.520 --> 0:00:54.319 you hit a certain number, and you know, forty nine 0:00:54.360 --> 0:00:55.840 thousand not on other care for you. But once you 0:00:55.920 --> 0:00:57.720 hit fifty the trigger goes off. 0:00:57.760 --> 0:00:57.920 Right. 0:00:57.960 --> 0:01:01.200 It's like it's like the price of gasoline. It gets 0:01:01.440 --> 0:01:05.440 three dollars a galon three point fifty four dollars. Those 0:01:05.480 --> 0:01:08.039 are milestone numbers. Fifty thousand is a hell of a 0:01:08.040 --> 0:01:10.200 lot for this transaction. Go wait a minute. You know 0:01:10.240 --> 0:01:12.319 I bought a car I don't know, five seven years 0:01:12.319 --> 0:01:15.320 ago and it was thirty thousand dollars. How the hell 0:01:15.360 --> 0:01:16.840 does it go up that much in just such a 0:01:16.880 --> 0:01:17.720 short period of time. 0:01:19.120 --> 0:01:22.640 Well, there's many things contributing to the high price of 0:01:22.720 --> 0:01:25.600 new cars today. One of them we have to just 0:01:25.640 --> 0:01:28.440 say at some point tariffs is going to be part 0:01:28.480 --> 0:01:30.640 of that, although maybe not as much as people would think. 0:01:31.040 --> 0:01:35.080 It's more like people are opting for more expensive cars, 0:01:35.600 --> 0:01:38.560 more people are opting for luxury brands when they buy 0:01:38.600 --> 0:01:41.280 new cars than ever before. And also the cost of 0:01:41.319 --> 0:01:45.120 electric cars has driven the averages up. In addition to that, 0:01:45.840 --> 0:01:50.200 the cost of regulation on the average car is significant. 0:01:50.520 --> 0:01:55.920 Whenever you hear more things required, more MPG required, more 0:01:55.960 --> 0:02:00.640 safety equipment required. That all requires compliance and come clients 0:02:00.640 --> 0:02:02.120 means people and cost money. 0:02:02.880 --> 0:02:05.920 We're also driving four wheeled computers too, that has to 0:02:05.920 --> 0:02:06.520 be factored in. 0:02:06.720 --> 0:02:06.920 Yeah. 0:02:07.800 --> 0:02:10.160 Yes, not only does it have to be part of 0:02:10.280 --> 0:02:13.720 the car, like what's inside the car, but think of this, 0:02:13.800 --> 0:02:17.600 there has to be a repair and service mechanism behind 0:02:17.680 --> 0:02:22.080 that for many years, which includes training and includes parts, 0:02:22.360 --> 0:02:23.720 and it includes repair parts. 0:02:23.720 --> 0:02:26.080 So yeah, all that is part of it. 0:02:27.200 --> 0:02:30.360 I still say that, like, if you're looking for a 0:02:30.400 --> 0:02:32.200 new car right now and you see that number and 0:02:32.240 --> 0:02:34.919 you think, oh, that's just too much. There are many 0:02:35.040 --> 0:02:39.240 good cars, new cars with compelling features for under thirty 0:02:39.280 --> 0:02:40.320 thousand dollars. 0:02:41.040 --> 0:02:42.080 So what's driving it up? 0:02:42.120 --> 0:02:44.800 I mean, you know, just in my worldview, as I 0:02:44.919 --> 0:02:48.560 drive Brian, I look at the vehicles of the road, 0:02:49.160 --> 0:02:51.080 people are thinking, well, what's driving the average up? Is 0:02:51.080 --> 0:02:53.440 that the luxury brands. You got a Ranger over Mercedes, 0:02:53.440 --> 0:02:56.680 a BMW and Audi a luxA is okay? But I 0:02:56.760 --> 0:02:58.760 see more pickup trucks on the road than ever before, 0:02:58.760 --> 0:03:00.760 and pricing out a pickup truck down right, Ik at 0:03:00.760 --> 0:03:03.760 some of the big ones out there, You're talking seventy 0:03:03.800 --> 0:03:06.520 five thousand dollars. In my view, it's people are buying 0:03:06.600 --> 0:03:09.399 very expensive trucks and SUVs, ucons and things like that. 0:03:10.720 --> 0:03:14.040 They are, and part of that is the manufacturers trying 0:03:14.040 --> 0:03:16.840 to increase their margin, but part of it is also 0:03:16.960 --> 0:03:21.919 consumer demand. One thing that you'll see is increasingly expensive 0:03:22.080 --> 0:03:22.920 with better. 0:03:22.680 --> 0:03:25.120 Equipment trim levels of existing cars. 0:03:25.120 --> 0:03:26.880 So it used to be we had like maybe four 0:03:27.000 --> 0:03:29.560 versions the base model, which is an S, the L, 0:03:29.760 --> 0:03:32.240 the XL, and then the top one would be like, oh, 0:03:32.240 --> 0:03:33.639 it's a limited or something like that. 0:03:34.040 --> 0:03:37.040 Well, now there's three above the limited because. 0:03:36.760 --> 0:03:38.560 You have to have the big twenty two inch chrome 0:03:38.560 --> 0:03:41.240 wheels and you have to have the hand stitched leather 0:03:41.280 --> 0:03:44.240 and all that. That's profit for the automakers, but at 0:03:44.240 --> 0:03:47.840 the same time, consumers are actually saying that's what they want. 0:03:48.040 --> 0:03:51.560 That's why you see those long loans. You mentioned thousand 0:03:51.640 --> 0:03:54.640 dollars a month's payment. Listen, if you have to stretch 0:03:54.680 --> 0:03:58.640 your car payment to eighty four months, that is a 0:03:58.680 --> 0:04:01.480 good sign that you have purchased or are looking at 0:04:01.480 --> 0:04:03.360 a car that's out of your budget. You need to 0:04:03.480 --> 0:04:06.200 like rain that back in and get something like a Corolla. 0:04:06.520 --> 0:04:08.040 Yeah, no, that makes sense. 0:04:08.040 --> 0:04:10.640 I mean even you know, like a Jeep Wrangler Base 0:04:10.720 --> 0:04:12.560 models you can get fright in for a round thirty, 0:04:12.560 --> 0:04:15.240 but most people don't. They opt for the off road 0:04:15.320 --> 0:04:17.400 packages even though they would never. 0:04:17.279 --> 0:04:19.360 Take it off a highway. Yeah, they're still going to 0:04:19.400 --> 0:04:20.720 get that and that's over fifty k. 0:04:22.200 --> 0:04:24.760 Yeah, and automakers have begun to realize this. I think 0:04:24.800 --> 0:04:26.839 what you're going to see is pulling back on some 0:04:26.920 --> 0:04:30.839 of that Jeep is a perfect example for they have admitted, hey, 0:04:30.880 --> 0:04:33.400 we kind of priced our core customers out of the market. 0:04:33.680 --> 0:04:38.159 So look for companies like Jeep, Ford, and Chevrolet, maybe. 0:04:37.839 --> 0:04:40.120 Honda and Tolida as well to come up with. 0:04:41.600 --> 0:04:45.760 Less equipment and a lower priced car because their cars 0:04:45.800 --> 0:04:48.680 that people know are good. And to your point, it's 0:04:48.720 --> 0:04:51.560 why the Ford Maverick, a small pickup, sold so well 0:04:51.600 --> 0:04:54.599 when it first came out because at the time there 0:04:54.680 --> 0:04:58.640 wasn't much else available for a pickup truck buyer. Now, 0:04:59.040 --> 0:05:02.720 as new option become available, I think more people will 0:05:02.760 --> 0:05:05.200 see the wisdom of getting a smaller pickup or a 0:05:05.240 --> 0:05:09.040 smaller suv and maybe not every single bell and whistle, 0:05:09.080 --> 0:05:10.320 maybe you stop midway. 0:05:10.760 --> 0:05:13.039 Brian Moody is a senior editor of Auto Trader and 0:05:13.120 --> 0:05:15.800 Kelly Bluebook. As we hit a new high here this year, 0:05:15.920 --> 0:05:17.640 the average cost of a car off the lot is 0:05:17.680 --> 0:05:21.240 now fifty thousand dollars plus. In addition to that, we 0:05:21.320 --> 0:05:24.159 have the new eighty four month car loans that account 0:05:24.160 --> 0:05:26.920 for something like one in ten of all sales. That's 0:05:26.960 --> 0:05:29.360 nearly a seven year car payment. Is that kind of 0:05:29.400 --> 0:05:31.960 a warning sign? Numbly for the economy, but the industry. 0:05:32.839 --> 0:05:36.000 That's a warning signs for the industry and for consumers. 0:05:36.040 --> 0:05:38.599 And let me just tell you this. If you're looking 0:05:38.640 --> 0:05:41.200 at a car loan and the length of the car 0:05:41.279 --> 0:05:45.520 loans outlasts the warranty, that's a big red flag because 0:05:45.560 --> 0:05:48.599 what you're headed for unless you happen to have, you know, 0:05:48.720 --> 0:05:51.840 one of the few very very reliable brands, like say 0:05:51.880 --> 0:05:55.360 you wanted a luxury brand, a European luxury brand, and 0:05:55.400 --> 0:05:58.080 your warranty expires and you're making one thousand dollars a 0:05:58.080 --> 0:06:01.000 month payment. What happens when you're in for an expensive 0:06:01.040 --> 0:06:03.560 repair that now is to you out of your pocket. 0:06:03.640 --> 0:06:06.520 That's going to be disastrous for many shoppers. 0:06:07.320 --> 0:06:07.640 I find. 0:06:07.640 --> 0:06:09.799 The experts say, the financial guys say keep your payment 0:06:09.839 --> 0:06:12.240 about fifteen percent a monthly income, but the average is 0:06:12.520 --> 0:06:14.160 in the upwards of twenty percent or more. 0:06:14.279 --> 0:06:15.360 That's pretty upside. 0:06:15.120 --> 0:06:19.359 Down right right, because people look at those loans and 0:06:19.360 --> 0:06:22.280 they say, oh, well, I technically I can do it. 0:06:22.960 --> 0:06:25.640 Right. You can have cake and ice cream. 0:06:25.400 --> 0:06:28.279 For dinner every night if you want, but there's a 0:06:28.440 --> 0:06:30.520 cost to pay down the road. 0:06:30.600 --> 0:06:33.120 And don't shop by this is what I always tell people. 0:06:33.160 --> 0:06:35.880 Don't shop only by monthly payment. I could sell you 0:06:35.920 --> 0:06:38.960 a Ferrari for five hundred dollars a month. Well, you 0:06:38.960 --> 0:06:41.039 should ask a couple of questions once I say that, 0:06:41.080 --> 0:06:42.960 how many months, how much downpayment? 0:06:43.480 --> 0:06:44.640 You know, on and on and on. 0:06:44.960 --> 0:06:49.880 So it's possible to get that super cool a luxury car, 0:06:50.400 --> 0:06:52.840 but I would just rent it back a few steps 0:06:52.920 --> 0:06:55.720 and say, hey, maybe something like a Mazda c X 0:06:55.800 --> 0:06:58.239 five could work for me instead of a full size 0:06:58.320 --> 0:06:59.799 truck based luxury suv. 0:07:00.760 --> 0:07:01.520 Yeah. 0:07:01.560 --> 0:07:03.880 But we've even seen the aftermarket cars Kelly, you know 0:07:04.000 --> 0:07:06.800 Kelly Bluebook for example. That's what you guys specialize in. 0:07:06.880 --> 0:07:09.479 That the costs are going a used car now is incredible. 0:07:10.800 --> 0:07:12.800 Yeah, you know, there's a really good resource that people 0:07:12.800 --> 0:07:15.560 are shopping right now. You can go to Capital One 0:07:15.640 --> 0:07:19.520 has an auto navigator channel that's very helpful. Also, car 0:07:19.600 --> 0:07:25.480 Gurus list the price increases and price decreases by percentage 0:07:25.560 --> 0:07:27.640 right there on a page for you to shop that way. 0:07:28.080 --> 0:07:30.960 And remember this, if you're looking for a new car 0:07:31.040 --> 0:07:33.720 and you want a certain piece of technology, go look 0:07:33.760 --> 0:07:35.720 at a used car and see if maybe a three 0:07:35.840 --> 0:07:38.320 year old version of that car doesn't have the same 0:07:38.440 --> 0:07:39.520 exact technology. 0:07:39.600 --> 0:07:40.960 Chances are it might. 0:07:41.280 --> 0:07:43.920 Yeah, how much of this, Brian Moody, has to do 0:07:44.000 --> 0:07:46.080 with the tariffs. How much is that driving up the 0:07:46.120 --> 0:07:48.240 cast because the other people we live in a solarized 0:07:48.280 --> 0:07:50.480 political society. People just want to point the finger and go, 0:07:50.760 --> 0:07:52.520 this is all Trump's fault. How much of it is? 0:07:53.080 --> 0:07:56.960 Yeah, it's some because what's happening is the cars that 0:07:57.000 --> 0:08:00.160 are incurring the lowest tariff are the ones that are 0:08:00.200 --> 0:08:03.760 built here in the US and they source parts here 0:08:03.760 --> 0:08:04.600 in the US. 0:08:05.480 --> 0:08:08.280 And they have a bit of a discount as a result. 0:08:08.400 --> 0:08:11.800 Methanax lowered the price on some of their cars because 0:08:12.360 --> 0:08:15.760 they were built in the US. Other manufacturers where the 0:08:15.800 --> 0:08:19.440 car arrived fully complete to our shores, this would usually 0:08:19.440 --> 0:08:22.920 be very high end European luxury brands. Those are the 0:08:22.920 --> 0:08:25.600 ones that are going to incur the highest trat However, 0:08:26.040 --> 0:08:29.520 what manufacturers are doing is they're taking that three thousand 0:08:29.560 --> 0:08:32.280 dollars tariff, let's just say, and they spread it out 0:08:32.320 --> 0:08:35.160 across multiple cars so that the sticker shop to the 0:08:35.200 --> 0:08:39.000 average person is less, but you're still paying overall in 0:08:39.120 --> 0:08:43.080 terms of higher destination, to the higher interest, all those 0:08:43.080 --> 0:08:43.760 types of things. 0:08:43.880 --> 0:08:47.240 Yeah, Brian Moody, here, the senior editor Auto Trader, Kelly 0:08:47.240 --> 0:08:48.959 Bluebook on the show. The average price of a car 0:08:49.000 --> 0:08:53.040 now over fifty thousand dollars off the lot. Last year 0:08:53.200 --> 0:08:56.679 we were in Australia and over there it's incredible the 0:08:56.800 --> 0:09:00.200 number of Uber drivers and Lyft drivers that opt right, 0:09:00.559 --> 0:09:03.640 all of them Chinese made EV's and I got you 0:09:03.640 --> 0:09:06.120 get in someone go wow, this is interesting Tesla or 0:09:06.320 --> 0:09:07.840 and they look at it, go, I don't know what 0:09:07.880 --> 0:09:08.560 brand this is. 0:09:08.640 --> 0:09:09.720 It must be Chinese. 0:09:09.800 --> 0:09:10.000 Yeah. 0:09:10.840 --> 0:09:13.600 And there was a story I forgot where I saw this, 0:09:13.640 --> 0:09:15.079 but it was a ceo from one of the big 0:09:15.120 --> 0:09:17.760 three companies. They were in China and we're touring the 0:09:17.760 --> 0:09:20.640 car factories there and they ceo said they were blown 0:09:20.679 --> 0:09:24.800 away on how the robots, the automation, they churn out 0:09:24.800 --> 0:09:25.960 cars insanely fast. 0:09:26.000 --> 0:09:26.360 Over there. 0:09:26.360 --> 0:09:29.480 Their supply chain is so modern and so efficient. It 0:09:29.520 --> 0:09:32.800 manufactures good quality cars and innovative new models at much 0:09:32.880 --> 0:09:33.920 much lower prices. 0:09:33.920 --> 0:09:35.280 So the competition. 0:09:34.840 --> 0:09:38.720 Between Chinese made and now now Canada's relaxed the tariffs 0:09:38.720 --> 0:09:40.520 sun Chine, so we're going to see more and more 0:09:40.600 --> 0:09:44.679 Chinese made EV's flooding North America, and eventually those cars 0:09:44.679 --> 0:09:45.520 will come down to Canada. 0:09:45.559 --> 0:09:47.200 From Canada, the United States won't. 0:09:46.960 --> 0:09:53.079 They Yes, probably American automakers and lawmakers are going to 0:09:53.120 --> 0:09:55.559 have to get a handle on that. The executive you're 0:09:55.559 --> 0:09:58.640 talking about is the guy from Ford, and you know 0:09:59.120 --> 0:10:02.040 not with the den. They have a new evy platform 0:10:02.120 --> 0:10:04.760 called you ev which is supposed to be able to 0:10:04.880 --> 0:10:08.160 house several different body styles, but is going to be 0:10:08.200 --> 0:10:10.640 an electric car that starts around thirty thousand dollars. 0:10:11.040 --> 0:10:14.040 So yeah, those things are coming. 0:10:14.520 --> 0:10:17.240 But the reason I say lawmakers have to get involved 0:10:17.320 --> 0:10:20.880 is because not every place in the world has the 0:10:20.920 --> 0:10:24.160 same environmental laws we have, or the same labor laws 0:10:24.360 --> 0:10:27.160 or labor unions, or the same sourcing like so there's 0:10:27.200 --> 0:10:29.040 lots of things that we have to get on top 0:10:29.080 --> 0:10:32.080 of as an industry to see like, hey, do we. 0:10:32.040 --> 0:10:33.520 Want that here or not? 0:10:33.840 --> 0:10:37.400 Same with safety standards, cars cost more because there's more 0:10:37.440 --> 0:10:40.959 safety equipment. So sure, could you sell a car that 0:10:41.080 --> 0:10:45.040 doesn't have the same crash worthiness for a lower price, probably, 0:10:45.240 --> 0:10:47.320 But do we want that? Those are things that have 0:10:47.400 --> 0:10:49.520 to be decided and it's not going to be decided 0:10:49.520 --> 0:10:50.480 probably by me and you. 0:10:50.920 --> 0:10:51.120 Right. 0:10:51.520 --> 0:10:54.360 My takeaway on that was you have the CEO of 0:10:54.440 --> 0:10:58.800 Ford whose jaw drops by age a state of the art, 0:10:59.080 --> 0:11:02.640 well functioning factor. I mean, isn't it sobering and scary 0:11:02.679 --> 0:11:04.440 at the same time that how did we get to 0:11:04.480 --> 0:11:07.480 the point where we have a CEO of a major 0:11:07.520 --> 0:11:09.920 auto manufacturer, one of the big three, go to our 0:11:09.920 --> 0:11:13.320 a Chinese factory and have your jaw drop because they've 0:11:13.320 --> 0:11:15.720 got robots building cars at a much cheaper I mean 0:11:15.760 --> 0:11:19.400 that that just defies logic and explanation. It also should 0:11:19.400 --> 0:11:21.240 scare the hell out of us here in America. Is 0:11:21.960 --> 0:11:23.720 you know, is it over for us? 0:11:25.200 --> 0:11:25.440 Well? 0:11:25.520 --> 0:11:28.960 I don't think so, because remember the road American factories 0:11:29.000 --> 0:11:30.160 have playing your robots too. 0:11:30.160 --> 0:11:32.480 That's kind of a fixed cost. The thing that's not 0:11:32.520 --> 0:11:34.000 a fixed cost is. 0:11:33.920 --> 0:11:36.199 The labor I'm saying. So that's one thing that he 0:11:36.280 --> 0:11:41.000 wasn't mentioning. So it should be a wake up call 0:11:41.120 --> 0:11:43.520 for how do we run our factories, How do we 0:11:43.600 --> 0:11:44.440 run our unions? 0:11:44.840 --> 0:11:46.240 How do we source parts? 0:11:46.520 --> 0:11:51.280 Do we use the most of our locally sourced natural. 0:11:50.840 --> 0:11:52.000 Resources as we can? 0:11:52.360 --> 0:11:55.280 Or are those sitting idle because someone somewhere else said, 0:11:55.280 --> 0:11:58.040 oh that's no good, let's get it someplace elf. Those 0:11:58.040 --> 0:12:00.520 things all have to line up so that we can 0:12:00.600 --> 0:12:02.079 get the best car for the. 0:12:02.040 --> 0:12:04.439 Best price and still provide a livable wage. 0:12:04.520 --> 0:12:07.480 My old man was working in the automotive sector for 0:12:07.520 --> 0:12:09.800 a while back in the seventies and eighties, and American 0:12:09.840 --> 0:12:12.839 car manufacturers looked at as an entitlement. Going doesn't matter 0:12:12.880 --> 0:12:15.840 if we put a car together with a bumper that's 0:12:15.840 --> 0:12:18.000 crooked or the doors that fall off at rust's in 0:12:18.040 --> 0:12:20.560 three years. We don't care because you've got a lock 0:12:20.600 --> 0:12:22.360 on the world. Because this came out of the nineteen 0:12:22.440 --> 0:12:25.080 fifties when the post World War Two, when America had 0:12:25.080 --> 0:12:27.200 to build everything, rebuild a world because it was war 0:12:27.280 --> 0:12:28.720 torn or a third world. 0:12:28.800 --> 0:12:29.520 And now that's change. 0:12:29.520 --> 0:12:32.880 We saw that turn in the eighties when Japanese car 0:12:32.920 --> 0:12:34.080 manufacturers came on the scene. 0:12:34.120 --> 0:12:35.040 They changed the game. 0:12:35.000 --> 0:12:38.679 Entirely with fit and quality, quality assurance warranties, and it 0:12:38.800 --> 0:12:41.040 totally up into the American market. Are we at a 0:12:41.040 --> 0:12:42.439 similar point here now with China? 0:12:44.200 --> 0:12:44.440 Yeah? 0:12:44.600 --> 0:12:46.480 Probably, because I don't know if you remember this or not, 0:12:46.600 --> 0:12:49.160 but there was a for a while, there was kind 0:12:49.160 --> 0:12:51.560 of a thing with Japanese cars where they were considered 0:12:51.600 --> 0:12:54.920 low quality. It's hard to believe that that was a thing, 0:12:55.160 --> 0:12:58.000 but that was a thing at one point. The big 0:12:58.120 --> 0:13:00.760 thing that's happening today and everyone's to have to adapt 0:13:00.760 --> 0:13:03.640 to this is that those things are happening just like 0:13:03.679 --> 0:13:06.760 they happened in the past, only now they're happening much 0:13:06.960 --> 0:13:10.319 much faster. So yes, it's quite possible that a Chinese 0:13:10.360 --> 0:13:13.480 car in the near future will have all the features 0:13:13.520 --> 0:13:16.240 for a price, all the quality that we would expect, 0:13:16.840 --> 0:13:19.480 faster than we would have thought in the past. 0:13:19.520 --> 0:13:21.960 The entry level car back to this topic too, because 0:13:21.960 --> 0:13:23.800 you say, again it's fifty thousand the average, but you 0:13:23.800 --> 0:13:26.240 can get a car for round thirty. It's going to 0:13:26.240 --> 0:13:28.880 be a base model, but that's disappeared for American showrooms. 0:13:28.880 --> 0:13:32.199 We see the Chinese kind of it's the second Japanese 0:13:32.280 --> 0:13:35.240 wave here where they're upending the auto industry worldwide. Now 0:13:35.240 --> 0:13:36.760 we're going to have to change things and how we 0:13:36.800 --> 0:13:38.960 do things here in America to compete with them, because 0:13:39.280 --> 0:13:40.480 you know, if you're going to go back to the 0:13:40.559 --> 0:13:43.240 days where a Japanese import people to come up and 0:13:43.280 --> 0:13:45.679 hit it with a sledgehammer, remember those protests like you're 0:13:45.679 --> 0:13:47.520 not going to change and he saw it didn't work. 0:13:47.520 --> 0:13:51.680 Because Japanese automakers stowing out is still number one. You're 0:13:51.679 --> 0:13:53.880 going to probably do that with Chinese vehicles. And you know, 0:13:53.920 --> 0:13:55.960 you can yell and scream at the clouds all you want, 0:13:56.000 --> 0:13:58.480 but you've got to adapt or die. And we should 0:13:58.480 --> 0:14:01.439 know that as Americans. But yeah, the entry level cars 0:14:01.480 --> 0:14:03.800 kind of disappeared from showrooms. How do we even get 0:14:03.840 --> 0:14:04.440 to this point? 0:14:05.600 --> 0:14:10.360 I think that's going to change. So there's two levers 0:14:10.360 --> 0:14:14.720 that are that can be pulled simultaneously. There's what the 0:14:14.800 --> 0:14:18.679 manufacturer offers, So that's the S model, the base the 0:14:18.679 --> 0:14:22.000 one that's thirty four to five that doesn't have, you know, 0:14:22.080 --> 0:14:25.600 some of the fancy stuff inside. The manufacturer offers that, 0:14:25.880 --> 0:14:29.720 but if the dealer doesn't stock it, it essentially doesn't exist. 0:14:30.080 --> 0:14:32.600 So the dealers have to be okay with knowing, Hey, 0:14:32.760 --> 0:14:36.280 if I order five of these base models with cloth 0:14:36.360 --> 0:14:38.920 seats or whatever it is, will I be able to 0:14:38.960 --> 0:14:42.480 sell them? And I think once we see that there's 0:14:42.520 --> 0:14:45.560 a market for those base model cars, they'll start to 0:14:45.600 --> 0:14:48.560 come back, even to the point where automakers will start 0:14:48.560 --> 0:14:51.480 to build more of them. But remember they're in the 0:14:51.520 --> 0:14:54.720 supply and demand game. If there's no demand, they're not 0:14:54.840 --> 0:14:57.720 going to make a supply just for fun. So it's 0:14:57.840 --> 0:15:02.640 up to dealers and consumers to write size their expectations. 0:15:02.280 --> 0:15:03.880 And the loans are part of it too. 0:15:04.400 --> 0:15:07.120 I don't know why someone would get a seventy two 0:15:07.240 --> 0:15:10.359 month or eighty four month loan. I think it's financially irresponsible. 0:15:10.880 --> 0:15:13.880 But for some reason, cars are more of an emotional 0:15:13.920 --> 0:15:17.080 purchase than say a refrigerator. 0:15:16.440 --> 0:15:17.880 Or a Parish Well shoes. 0:15:17.920 --> 0:15:20.360 People do the same thing, but it's more of an 0:15:20.400 --> 0:15:24.560 emotional purchase, so people have to get okay with Yeah, 0:15:24.800 --> 0:15:26.440 this happens to me a lot. People ask how do 0:15:26.480 --> 0:15:29.120 I get a great deal? Well, you get a hatchback, 0:15:29.200 --> 0:15:31.760 or you get a sedan they have, you know, lower 0:15:31.760 --> 0:15:34.280 prices on the whole, and you get this kind of 0:15:34.280 --> 0:15:36.080 a car, you get a hybrid, And the next thing 0:15:36.120 --> 0:15:38.600 they say is, oh, yeah, I was thinking to get it. 0:15:38.600 --> 0:15:39.520 Than d Nali. 0:15:39.920 --> 0:15:43.440 No, there's no deals on those because that's what everybody wants. 0:15:44.000 --> 0:15:47.600 So what everybody wants less deals, what fewer people are 0:15:47.640 --> 0:15:51.680 getting nice to dan good hatchbacks often more of a 0:15:51.760 --> 0:15:52.920 chance for a deal on those. 0:15:53.680 --> 0:15:56.960 Yeah makes sense, And but again, you know, you go 0:15:56.960 --> 0:15:59.280 to a showroom Brian, people are like, well, I want cloths, seats, 0:15:59.280 --> 0:16:01.080 I don't want to I don't a manual, and I 0:16:01.120 --> 0:16:03.440 want air conditioning. I want a sound system that sounds 0:16:03.480 --> 0:16:05.680 really good. Rreat, but you're going to spend an extra 0:16:05.800 --> 0:16:08.360 ten grand plus because those are all add ons. 0:16:09.240 --> 0:16:12.280 Because they're in packages. So here's something to just kind 0:16:12.280 --> 0:16:16.240 of adjust your mind to the average shopper today. If 0:16:16.280 --> 0:16:18.880 you go by a new car and you're looking at 0:16:19.280 --> 0:16:21.800 there's a base model. Let's say that you saw online 0:16:22.000 --> 0:16:24.160 and you did research and saw that was the right 0:16:24.200 --> 0:16:28.760 price for you. Today's car is always going to have 0:16:29.000 --> 0:16:34.480 air conditioning, power windows, probably a screen of some kind. 0:16:34.600 --> 0:16:36.800 What the little things are going to be and figure 0:16:36.800 --> 0:16:41.120 out how you can live without. This would be bigger wheels, sunroof, 0:16:41.800 --> 0:16:44.280 a larger touch screen. Those are the things that are 0:16:44.280 --> 0:16:46.840 going to be optional today. All they're all going to 0:16:46.920 --> 0:16:49.200 have automatic transmissions, they're all going to have air conditioning, 0:16:49.200 --> 0:16:51.880 they're all going to have power windows. It's a matter 0:16:51.960 --> 0:16:55.120 of oh, do I get the seats that have memory power? 0:16:55.560 --> 0:16:58.160 Do I get the one touch that It's down to 0:16:58.160 --> 0:17:00.680 that little thing. So if you can live without some 0:17:00.800 --> 0:17:03.000 of those things, the base model could work for you 0:17:03.080 --> 0:17:05.800 on many cars. Prius is a great example of a 0:17:05.840 --> 0:17:09.800 good car that isn't super expensive and gets great gas mileage. 0:17:10.160 --> 0:17:12.160 We're not going to go back to a point where 0:17:12.400 --> 0:17:14.520 you know, you can get a model T where it's 0:17:14.560 --> 0:17:16.840 the same vehicle and you can have any color you 0:17:16.840 --> 0:17:19.240 want as long as it's black. We're not headed back 0:17:19.240 --> 0:17:19.760 that way, are we. 0:17:20.840 --> 0:17:22.760 There may be an automaker that would come up with 0:17:22.800 --> 0:17:25.800 an idea to have like what I lovingly called the 0:17:25.880 --> 0:17:28.800 Luddye Special, where it doesn't have any features or any 0:17:28.840 --> 0:17:30.520 of that kind of stuff. I could see that may 0:17:30.520 --> 0:17:33.920 be working, But as far as it being a mainstream. 0:17:33.480 --> 0:17:36.360 Automaker, you have to think of it this way. Today, 0:17:36.640 --> 0:17:37.760 in order to give a. 0:17:37.720 --> 0:17:41.520 Car manual windows or manual. 0:17:41.119 --> 0:17:45.400 Transmission or whatever, it almost costs them more because deviations 0:17:45.440 --> 0:17:48.720 from the production line cost time, and time equals money. 0:17:48.720 --> 0:17:51.560 So that's why every car has almost the same equipment. 0:17:51.920 --> 0:17:54.560 Now it's down to what color, what wheels, what sum room. 0:17:54.600 --> 0:17:56.920 Yeah, you're always going to have You're always going to 0:17:56.920 --> 0:17:59.160 have automatic when it's probably air conditioning, things like that. 0:17:59.280 --> 0:18:02.399 Brian Moone, Senior Editor, Auto Trader. In Kelly Bluebook, the 0:18:02.440 --> 0:18:04.520 average cost of a new car has now crossed the 0:18:04.560 --> 0:18:08.080 fifty thousand dollar mark, and that is an eye opener 0:18:08.080 --> 0:18:11.640 for sure. Thanks for jumping on this morning. I appreciate it. Yep, yeah, 0:18:11.680 --> 0:18:16.080 thank you, take care. Fifty grand. Let's talk about it. 0:18:16.119 --> 0:18:17.600 How much do you got in your car? You've bought 0:18:17.640 --> 0:18:18.919 in a car in the last couple of years, or 0:18:18.920 --> 0:18:20.800 maybe you know you have a car that's seven eight 0:18:20.880 --> 0:18:22.960 years old and you're like, ah, I'm gonna go and 0:18:23.000 --> 0:18:24.720 look at a new one, and then you maybe you 0:18:24.760 --> 0:18:26.159 get to say, I like the car, just wanted a 0:18:26.160 --> 0:18:29.960 newer model. How much sticker shock hit you here locally 0:18:30.000 --> 0:18:31.879 five and three, seven four nine, seven thousand eight or 0:18:31.880 --> 0:18:34.359 the big one talk back via the iHeartRadio Apple get 0:18:34.359 --> 0:18:36.359 into that right after news update Scott's Loan Show on 0:18:36.400 --> 0:18:46.879 seven hundred WW. It's PLNY seven hundred WLW talking to 0:18:47.160 --> 0:18:49.920 Brian Moody minutes ago. Here executive director Kelly Bluebook and 0:18:49.960 --> 0:18:52.400 autotrader dot com the average price of a car now 0:18:52.440 --> 0:18:54.679 off the lot, not the MSRP, but actually driving off 0:18:54.680 --> 0:18:59.840 the lot now over fifty thousand dollars fifty grand for 0:19:00.119 --> 0:19:02.640 new car, which begs a question here maybe we're shopping 0:19:03.080 --> 0:19:06.199 and went, wait how much because just I mean, the 0:19:06.200 --> 0:19:09.520 price have gone up like forty in the last handful 0:19:09.520 --> 0:19:14.120 of years, which is absolutely bonkers, right, just just absolutely crazy, 0:19:16.960 --> 0:19:18.720 And you know if you out shopping and you had 0:19:18.720 --> 0:19:20.919 that sticker shock going, do you just pull the trigger 0:19:20.920 --> 0:19:22.520 and go, oh, I need it because it's a business 0:19:22.600 --> 0:19:25.919 car where maybe money is somewhat of an object but 0:19:25.960 --> 0:19:27.880 no object in that regard. Or he's just like, hey, 0:19:27.920 --> 0:19:29.760 you know what, I'll get a few more miles out 0:19:29.800 --> 0:19:32.520 of the beater that I have now and move on. 0:19:33.280 --> 0:19:36.240 Danny just emailed me here Sloany at seven hundred ww 0:19:36.359 --> 0:19:39.960 dot com. My wife and I watched the movie Risky 0:19:40.000 --> 0:19:41.720 Business the other night. At a chuckle on, Tom Cruise 0:19:41.760 --> 0:19:44.159 was out in his dad's portion. Someone sneers him and goes, oh, 0:19:44.200 --> 0:19:49.640 daddy's out in the forty thousand dollars car forty gray 0:19:49.800 --> 0:19:51.480 was a lot of money back in the day, man, 0:19:51.680 --> 0:19:55.600 a lot of money. What are the most expensive cars 0:19:55.640 --> 0:19:58.160 in the world? That In just a second, and Bob 0:19:58.200 --> 0:20:00.879 and is on the show this morning, Bob, how you 0:20:00.920 --> 0:20:02.760 doing all great? 0:20:02.960 --> 0:20:06.560 Uh uh, that's ann it's kind of cold out there, 0:20:06.640 --> 0:20:07.040 Yeah it is. 0:20:07.280 --> 0:20:09.640 It'll warm up then get cold and snow again. So yeah, 0:20:09.680 --> 0:20:11.480 we've got the whips up. Tell me about card you 0:20:11.480 --> 0:20:12.200 go buy a car? 0:20:13.680 --> 0:20:16.080 Yeah, I'd say about a car for the wife. A 0:20:16.080 --> 0:20:18.359 couple of years ago, and then my own last year. 0:20:19.960 --> 0:20:21.800 On the bright side, if you don't need all the 0:20:21.840 --> 0:20:25.000 bells and whistles and computer assists, which older folks don't 0:20:25.040 --> 0:20:28.960 understand anyway. Yeah, uh, I got buy for thirty. I 0:20:29.000 --> 0:20:31.000 thought I worked pretty good deal, and at last minute 0:20:31.119 --> 0:20:33.600 they sticking it old. There is a five hundred dollars 0:20:33.600 --> 0:20:37.960 documentation fee. Sure, but then I've been beating down over 0:20:38.040 --> 0:20:40.240 two or three hour period, which that's that's the game. 0:20:40.960 --> 0:20:45.000 I said, okay, whatever, yes, actually what twenty bucks a month? 0:20:45.080 --> 0:20:46.439 So I'm not going to screw the deal in that. 0:20:46.520 --> 0:20:49.080 But uh, you know, if you if your fortune, have 0:20:49.119 --> 0:20:50.639 to work a good deal where you know they're going 0:20:50.680 --> 0:20:52.600 to make the marginal profit. They don't pay their bills 0:20:52.600 --> 0:20:55.840 by giving stuff away, correct, They like to stick a 0:20:55.880 --> 0:20:58.320 little something andy here, these are five hundred bucks. Yeah, 0:20:58.359 --> 0:21:00.960 the boss boss's kid wants ago a summer. 0:21:00.760 --> 0:21:01.520 Here, ture transfer. 0:21:01.640 --> 0:21:04.280 That's like transportation, and that's just like when you get 0:21:04.280 --> 0:21:06.920 tires right now, they charge you for shriding the tires. 0:21:06.920 --> 0:21:07.720 Now it's disposal. 0:21:09.359 --> 0:21:12.600 Oh yeah, yeah, at the disposal for you gets to 0:21:12.720 --> 0:21:15.760 the Uh. On the couple of years back, a nice 0:21:15.760 --> 0:21:18.800 car from one of your advertisers for the wife and 0:21:18.800 --> 0:21:21.640 that was over fifty then. But on the bright side, 0:21:21.800 --> 0:21:23.280 they called a couple years later and said, hey, you 0:21:23.280 --> 0:21:25.640 bought a car for of us sudden such I said, 0:21:25.800 --> 0:21:28.000 we'll buy it back for what you paid. But we've 0:21:28.000 --> 0:21:30.280 been using it yet, we know that. 0:21:29.880 --> 0:21:31.879 That's pretty good. I mean, you think about that. You 0:21:31.880 --> 0:21:33.359 buy the car, and if they're going to give you 0:21:33.400 --> 0:21:34.840 what you paid for it, that's a hol of a deal. 0:21:35.960 --> 0:21:37.800 Accept And if you want something similar, you know you're 0:21:37.800 --> 0:21:38.119 gonna have. 0:21:38.080 --> 0:21:39.320 To give them a little bit. 0:21:39.920 --> 0:21:42.919 But uh yeah, oh yeah, uh the used cars were 0:21:42.960 --> 0:21:46.080 in such demand back then. Uh price for skyhig I 0:21:46.119 --> 0:21:49.400 think nowadays two you see prices like a very non 0:21:49.480 --> 0:21:50.760 descript ten year old car. 0:21:51.440 --> 0:21:52.840 That's what really catched my eye. 0:21:53.040 --> 0:21:54.440 East fifteen and twenty hous about. 0:21:54.520 --> 0:21:56.639 Oh that's no question my daughter's looking for one. It's like, 0:21:56.680 --> 0:21:58.880 how much wow that is because you know, you get 0:21:58.880 --> 0:22:01.399 a car for a kid or something like that, it's like, 0:22:01.560 --> 0:22:04.560 you know, five six grand and now you know it's 0:22:04.560 --> 0:22:06.440 going to be closer to to ten thousand dollars thanks 0:22:06.480 --> 0:22:08.199 to the call appreciated five one, three, seven, four nine 0:22:08.280 --> 0:22:10.320 seven thousand new price of a comprice of my new 0:22:10.320 --> 0:22:14.800 car off the lot all in not MSRP fifty thousand dollars. 0:22:15.119 --> 0:22:18.800 This might make you feel better. The five most expensive 0:22:18.920 --> 0:22:21.679 cars right now in the world. So this is the 0:22:21.760 --> 0:22:23.680 This is okay, this is like oil money. This is 0:22:23.800 --> 0:22:29.560 chic money, this is this is ai this is crypto money. 0:22:32.440 --> 0:22:37.760 A Rolls Royce LeRose Noir droptail. Now keep in mind 0:22:37.800 --> 0:22:42.560 there's only four built. There's only four, and each is 0:22:42.600 --> 0:22:47.000 a one to one commission. It has over sixteen hundred 0:22:47.000 --> 0:22:50.160 hand placed wood pieces and a color shifting finish. 0:22:50.240 --> 0:22:51.800 How much how much? 0:22:53.040 --> 0:22:58.680 Thirty two million dollars for one car? Number two is 0:22:58.720 --> 0:23:01.760 a Rolls Royce boat tail that's twenty eight million, though 0:23:01.880 --> 0:23:04.680 they built three of those. It has a rear deck 0:23:04.720 --> 0:23:09.200 that unfolds to look like a luxury yacht, cocktail tables, 0:23:09.440 --> 0:23:15.879 and a champagne refrigerator. You know you got some serious 0:23:16.160 --> 0:23:18.240 fu money when you could buy a car that has 0:23:18.280 --> 0:23:21.480 a champagne refrigerator and a cocktail you're drink into the 0:23:21.720 --> 0:23:23.320 I've got a bar in the back of my car. 0:23:23.400 --> 0:23:23.720 How's that? 0:23:25.480 --> 0:23:29.560 Pegani Zonda HB Barchetta is seventeen and a half million 0:23:29.600 --> 0:23:33.560 dollars to built three of those. A Bugatti sixteen million dollars. 0:23:33.600 --> 0:23:37.639 And the fifth is a Rolls Royce Sweptail which is 0:23:37.880 --> 0:23:41.000 thirteen million dollars, and that was part of a two 0:23:41.040 --> 0:23:43.960 seat Grand Tour that took four years. Took four years 0:23:43.960 --> 0:23:47.360 to handle this car for only thirteen million dollars, which 0:23:47.359 --> 0:23:49.320 seems like a bargain when the number one is thirty 0:23:49.359 --> 0:23:52.480 two million dollars. If you're more like me, your top 0:23:52.520 --> 0:23:55.960 five least expensive new cars in twenty twenty six, again 0:23:56.000 --> 0:24:00.000 from Brian Moody our friends at Auto Trader. Number five 0:24:00.000 --> 0:24:02.880 I was a Hondai Elantra, which is just a tick 0:24:02.960 --> 0:24:08.800 under twenty four thousand. Nissan CenTra s will layout twenty 0:24:08.840 --> 0:24:12.719 three eight forty five, the Kia K four LX is 0:24:12.720 --> 0:24:18.000 twenty three to five, Chevy Tracks twenty three five as 0:24:18.040 --> 0:24:21.000 the eight inch wireless touchscreen, thirty miles per gallon combinement. 0:24:21.000 --> 0:24:22.800 That's a that's a good work car, right, get a 0:24:22.880 --> 0:24:27.159 Chevy twenty three grand considering that's half the price of 0:24:27.200 --> 0:24:29.560 a of the MSRP or I'm sorry of the offul 0:24:29.560 --> 0:24:30.680 lot price of the average car. 0:24:30.840 --> 0:24:31.920 You're getting a good deal there. 0:24:32.920 --> 0:24:37.040 And number one is a Hyundai Venue two of the 0:24:37.359 --> 0:24:40.960 five two of the five Yas Hondai, Nissan, Kiya Chevy 0:24:40.960 --> 0:24:43.320 and the Venue s E. The number one is twenty 0:24:43.320 --> 0:24:45.960 two to one fifty and that is now the cheapest 0:24:46.000 --> 0:24:49.800 car after the Nissan Versas discontinued. It's a subcompact crossover 0:24:50.359 --> 0:24:52.440 and a lot of standard safety tech. Very safe car 0:24:52.440 --> 0:24:54.879 in a Hyundai, at least for twenty twenty six anyway. 0:24:54.920 --> 0:24:57.280 So twenty two to one fifty would be your number 0:24:57.560 --> 0:25:00.639 versus thirty two million dollars. I could have put the 0:25:00.720 --> 0:25:06.000 luxury you know, Mercedes, BMW, Audie, Lexus those cars in 0:25:06.040 --> 0:25:07.760 there as well, but it's more fun to go, Well, 0:25:08.200 --> 0:25:10.320 it's fifty thousand dollars for a new car off the lot, 0:25:10.359 --> 0:25:13.800 but you're talking tens of millions of dollars for new veic. 0:25:13.800 --> 0:25:15.639 It just makes me wonders, like, what kind of money 0:25:15.640 --> 0:25:17.920 you what kind of crazy indus? 0:25:18.040 --> 0:25:19.760 What do you in? What do you got going on 0:25:19.840 --> 0:25:23.800 in your life? Crypto you have like oil rigs. 0:25:23.800 --> 0:25:26.040 That's that's an insane amount and then people can afford 0:25:26.080 --> 0:25:28.959 that car also look at it go yeah, I mean 0:25:29.000 --> 0:25:32.400 it's it's a nice treat that tend to be humbled 0:25:32.400 --> 0:25:34.800 about that because the other idage is like you're driving, 0:25:34.800 --> 0:25:37.359 you're rolling around in a luxury car, you know, a 0:25:37.440 --> 0:25:40.199 nice Ranger over saw, a Porsche whatever it is. And 0:25:40.240 --> 0:25:42.040 then it's like, I've got the you know, I got 0:25:42.080 --> 0:25:44.240 a really hot car here. This is a great car, 0:25:44.560 --> 0:25:48.080 very expensive. You know, I valet park even when I 0:25:48.119 --> 0:25:52.960 go to UDF and there's always somebody out there go, well, yeah, 0:25:52.960 --> 0:25:54.720 that's a nice car. What's your I got a thirty 0:25:54.720 --> 0:25:57.800 two million dollar car? Yeah, this is such a nice car. 0:25:57.840 --> 0:25:59.679 You probably I don't even know if you drive it. 0:25:59.720 --> 0:26:01.679 When you even at thirty two million, you had the 0:26:01.760 --> 0:26:05.119 kind of money be scared to take it out of 0:26:05.119 --> 0:26:07.159 the garage. And you know, some folks buy cars and 0:26:07.240 --> 0:26:09.320 just store them, they don't really take them out. And 0:26:10.040 --> 0:26:12.120 I guess look at more of an investment down a lot. 0:26:12.160 --> 0:26:14.520 I suppose at thirty two million, I have to figure 0:26:14.520 --> 0:26:16.560 that can I take out a five thousand year loan? 0:26:16.640 --> 0:26:19.400 Because even then I don't know if I've did five thousand, 0:26:19.960 --> 0:26:21.000 five thousand year loan. 0:26:22.520 --> 0:26:24.280 I think maybe I might be able to afford that. 0:26:24.840 --> 0:26:26.439 Not sure what bank would give me a four. 0:26:26.320 --> 0:26:29.400 Thousand, four thousand alone A guy who's that kind of money, 0:26:29.480 --> 0:26:32.399 or at least he did anyway, less Westerner, you know, 0:26:32.480 --> 0:26:34.199 the name, of course, Victoria's secret founder. 0:26:36.359 --> 0:26:38.160 I think it's there. I'm gonna die in this hill. 0:26:40.760 --> 0:26:41.679 That okay. 0:26:41.760 --> 0:26:45.840 The third rail, of course, is the insanity over Epstein's island. 0:26:45.840 --> 0:26:48.000 The fact that here in the United States anyone, no 0:26:48.040 --> 0:26:49.879 one is paying the price, no one is going to 0:26:49.960 --> 0:26:50.439 jail for this. 0:26:50.480 --> 0:26:52.080 It's a horrible story. 0:26:52.160 --> 0:26:52.280 Right. 0:26:52.280 --> 0:26:54.600 You can't certainly take the side of someone who is 0:26:55.040 --> 0:26:57.120 doing this to young women or men, as the case 0:26:57.160 --> 0:27:00.639 may be. It's not about the vic and it's not 0:27:00.680 --> 0:27:04.720 about the crime. It's it's about I think propriety, and 0:27:04.720 --> 0:27:06.720 I again, dying the hill is a tough stand to take. 0:27:07.040 --> 0:27:12.119 So Les Wexner in Ohio State, they're debating and removing 0:27:12.160 --> 0:27:14.960 his name from all these buildings because of his associates 0:27:14.960 --> 0:27:20.680 with Epstein, and that makes him unacceptable. And they took 0:27:20.760 --> 0:27:22.919 i think in neighborhood a two hundred million dollars in 0:27:22.920 --> 0:27:25.000 money from less wex So he's got his name all everything. 0:27:25.560 --> 0:27:30.200 If if you take two hundred million dollars from someone 0:27:30.240 --> 0:27:32.800 and that turns out that they're scumbag degenerate criminal or 0:27:32.800 --> 0:27:36.560 they're financing scumbag degenerate criminals, then you've got to give 0:27:36.600 --> 0:27:37.040 him the money. 0:27:37.040 --> 0:27:37.240 Back. 0:27:37.400 --> 0:27:39.479 If the name isn't good enough to stay in the building, 0:27:39.960 --> 0:27:42.440 then the Ohistein University needs to write a check back 0:27:42.440 --> 0:27:48.040 to him and going, okay, you're out because it's interesting 0:27:48.080 --> 0:27:52.959 you they're debating and removing his name because that Epstein association, 0:27:53.840 --> 0:27:56.720 and they're making a moral judgment here because of the 0:27:56.760 --> 0:27:58.720 heat from the students and everyone else, going, you can't 0:27:58.760 --> 0:28:01.440 do it's less why it's toxic. 0:28:01.520 --> 0:28:01.840 You can't. 0:28:02.040 --> 0:28:06.200 It's poison money is what it is. This is blood money. 0:28:06.320 --> 0:28:09.879 And they're right, but okay, that's a moral judgment. And 0:28:09.920 --> 0:28:13.320 you can't simultaneously cash a check from someone you've declared 0:28:13.320 --> 0:28:17.800 mortally unfit it. Life doesn't work that way. There was 0:28:17.840 --> 0:28:22.320 a transaction here. You took his money and he wants 0:28:22.320 --> 0:28:24.800 his name on a building donors. I don't care what 0:28:24.880 --> 0:28:27.480 school you go to, Ohio State, UC Xavior or whatever. 0:28:27.720 --> 0:28:30.960 The buildings are named after people who can afford a 0:28:31.000 --> 0:28:34.560 thirty two million dollar car. But you know, if the 0:28:34.600 --> 0:28:39.920 relationship is now toxic enough to erase his name, then 0:28:40.360 --> 0:28:42.960 you have to return the money under that relationship. Will 0:28:42.960 --> 0:28:46.200 Ohio State kick back two hundred million to Les Wexner 0:28:46.320 --> 0:28:50.160 if you start taking names off buildings because most of 0:28:50.160 --> 0:28:54.000 those deals come with an agreement. So if OSU, for 0:28:54.040 --> 0:28:58.040 whatever reason breaks the naming terms, his estate or family 0:28:58.080 --> 0:29:00.880 would have legitimate legal grounds to demand repayment. Anyway, This 0:29:00.960 --> 0:29:04.120 could be a could be a case in court, and 0:29:04.120 --> 0:29:05.920 it's hard to take the side of a guy who's 0:29:06.160 --> 0:29:10.920 financing Jeffrey Epstein. But I don't know. We've seen this 0:29:10.960 --> 0:29:13.800 happen in other area. Says like, Okay, well we're going 0:29:13.880 --> 0:29:15.800 to honor this person by putting their name on a building. 0:29:16.880 --> 0:29:20.440 Well do you honor someone who then later winds up 0:29:20.480 --> 0:29:21.280 being tabed of criminal? 0:29:21.240 --> 0:29:23.239 And O. J. Simpson would be a great example of this. 0:29:24.120 --> 0:29:24.520 You know it. 0:29:24.600 --> 0:29:26.520 Should his buss be in the in Canton? Should his 0:29:26.600 --> 0:29:29.120 name be in the ring of honor at the bill Stadium? 0:29:29.240 --> 0:29:33.640 It's like, yeah, okay, but he wasn't he was Civilly 0:29:33.760 --> 0:29:35.480 he lost, but criminally he was. 0:29:36.040 --> 0:29:38.120 Same thing might be happening. This could be a whole O. J. 0:29:38.240 --> 0:29:39.360 Simpson thing all over again. 0:29:40.360 --> 0:29:42.360 So you have an agreement for the naming rights and 0:29:42.400 --> 0:29:44.520 then you would have legal grounds I would guess to 0:29:44.520 --> 0:29:46.600 demand repayment unless there's something in that clause in the 0:29:46.600 --> 0:29:50.760 contract says for you under moral turpitude or or more moral. Uh, 0:29:51.040 --> 0:29:53.520 you know there's something in there moral turpitude clause. I 0:29:53.560 --> 0:29:56.960 guess it would be that would wipe that out. And 0:29:57.000 --> 0:29:58.400 it's like, well, we're going to keep your money and 0:29:58.440 --> 0:30:02.120 take your name off the building. And also it's America 0:30:02.360 --> 0:30:04.360 and he has not been convicted of anything. And I 0:30:04.440 --> 0:30:06.600 point that out, not taking his sight on this rather, 0:30:06.720 --> 0:30:08.520 but just the way the law works, and sometimes we 0:30:08.560 --> 0:30:11.840 can forget how the constitution works in this country. Hasn't 0:30:11.840 --> 0:30:15.840 been arrested, hasn't been indicted, and now we're going to 0:30:15.880 --> 0:30:17.800 take his name off and keep the money without due 0:30:17.840 --> 0:30:21.840 process and your profiting from that man. Ohio State's really 0:30:21.840 --> 0:30:23.760 setting themselves up. And then if they don't do anything, 0:30:23.800 --> 0:30:25.120 if they just well we're going to keep his name 0:30:25.160 --> 0:30:29.760 on it, the outcrying backlash against Ohio State is going 0:30:29.840 --> 0:30:31.840 to be, if not already, it's going to be incredible. 0:30:31.880 --> 0:30:33.680 How the hell do you paint? How do you this 0:30:33.720 --> 0:30:35.520 is a hell of a corner they painted themselves in. 0:30:35.640 --> 0:30:37.720 And I don't think it's anything because they were stupid 0:30:37.760 --> 0:30:41.760 about it's just who saw this coming? That less not 0:30:41.840 --> 0:30:43.440 western to be tight And we're in a state now. 0:30:43.440 --> 0:30:45.920 I pointed this out the other day you know that 0:30:46.120 --> 0:30:50.160 it's called the Life Touch, and that is the group 0:30:50.200 --> 0:30:52.240 when your kid goes to school and gets the school 0:30:52.480 --> 0:30:56.520 picture in the spring or in the fall. Rather, that's 0:30:56.560 --> 0:30:59.720 the company that does a life touch. So and I've 0:30:59.800 --> 0:31:02.240 kind I forget the seven degrees of separation here, but 0:31:02.960 --> 0:31:05.400 they have since been twice. So they started out this company, 0:31:05.440 --> 0:31:08.840 the guy who initially started it has ties to Epstein. Well, 0:31:08.880 --> 0:31:10.800 he had before this whole thing broke. He had sold 0:31:10.800 --> 0:31:12.600 it to a company that then spun it off into 0:31:12.640 --> 0:31:16.400 a bigger group and like private equity. And now parents 0:31:16.400 --> 0:31:19.600 in the states, including Kentucky, are demanding that Life Touch 0:31:19.720 --> 0:31:22.320 be taken on their kids' school and the person who 0:31:22.440 --> 0:31:25.960 is tied to Epstein is twice removed from ownership, but 0:31:26.000 --> 0:31:29.880 the company's already been sold. It's kind of like police 0:31:29.960 --> 0:31:35.080 knock on your door because a car you owned two 0:31:35.160 --> 0:31:39.560 owners ago was involved in a homicide. Yeah, you ran 0:31:39.600 --> 0:31:41.800 a bunch of people over and now. 0:31:41.680 --> 0:31:42.200 They're going to come. 0:31:42.440 --> 0:31:43.960 Well wait, I sold that car to somebody who then 0:31:44.000 --> 0:31:45.800 sold it to somebody else. We don't care, We're still 0:31:45.800 --> 0:31:48.400 coming after. You can start looking at that going. I know, 0:31:48.440 --> 0:31:51.080 we live in an age where constitutional law in the 0:31:51.120 --> 0:31:53.080 law itself is kind of like, I don't know how, 0:31:53.080 --> 0:31:55.080 it's a murky area. But with them in a time 0:31:55.120 --> 0:31:57.200 were well, that's well, I can do what I want 0:31:57.200 --> 0:31:57.360 to do. 0:31:57.480 --> 0:31:57.600 Now. 0:31:57.680 --> 0:32:01.720 Really, I think there's just and especially from an institution 0:32:01.760 --> 0:32:03.880 of higher learning, it should be pretty clear cut that 0:32:03.880 --> 0:32:07.080 you've got to give them money back. If the standard 0:32:07.080 --> 0:32:09.320 for name removal is mere association with the criminal, then 0:32:09.760 --> 0:32:11.880 you've got to look at every donor in your history. 0:32:12.680 --> 0:32:14.840 I mean, how many people, how many donors have given 0:32:14.920 --> 0:32:17.880 money to Ohio State and maybe got I know, even 0:32:18.000 --> 0:32:21.040 something as lowly as a name on a brick somewhere. Man, 0:32:21.120 --> 0:32:22.760 that's going to take a lot of research and a 0:32:22.760 --> 0:32:25.480 lot of work, because once you've taken the moral high ground, 0:32:25.920 --> 0:32:28.400 it's got to apply to everything across the board. I'm 0:32:28.440 --> 0:32:31.520 sure there's somebody who is tied to Ohio State who's 0:32:32.200 --> 0:32:34.760 guilty of a crime somewhere. It's in bezzleman, a white 0:32:34.800 --> 0:32:37.400 collar crime, murder. Right, then you got to start going 0:32:37.400 --> 0:32:39.280 and you got to start clearing. And that's the problem 0:32:39.280 --> 0:32:43.360 with today, especially today's well with today's generation so to speak. 0:32:43.400 --> 0:32:45.600 Not to sound like a bitter old man, but I'm 0:32:45.600 --> 0:32:48.880 saying is like we went to this thing with cancel culture, 0:32:48.920 --> 0:32:51.800 where someone who puts something on social media when they 0:32:51.800 --> 0:32:54.000 were thirteen and now they're a grown man are being 0:32:54.040 --> 0:32:55.840 held account for what they said when they were a 0:32:55.840 --> 0:32:59.240 little kid or they were some stupid adolescent. I mean, 0:32:59.240 --> 0:33:02.080 we're all there said and did different dumb stuff. We 0:33:02.120 --> 0:33:05.680 made a dumb stuff last year. People do dumb stuff 0:33:05.680 --> 0:33:08.000 and say dumb stuff all the time that it's cringe worthy. 0:33:08.800 --> 0:33:11.680 That just doesn't hold up. And you know, something to 0:33:11.720 --> 0:33:13.720 be said about reform. Now We're not that way with 0:33:13.840 --> 0:33:15.520 Lexner here, but you know what I'm saying is how 0:33:16.440 --> 0:33:18.920 how much more do you go down this road for 0:33:19.040 --> 0:33:25.240 that level of accountability? Because now future major donors, I'd 0:33:25.280 --> 0:33:28.280 imagine you're watching this, so I Fio State says, Wow, 0:33:28.320 --> 0:33:30.160 we're going to take two hundred million, rename the buildings, 0:33:30.160 --> 0:33:32.440 and we're going to keep your money when the political 0:33:32.400 --> 0:33:34.680 wind shift. Why would enter major donor trust the public 0:33:34.760 --> 0:33:38.800 university with a naming gift again unless they start building 0:33:38.800 --> 0:33:42.760 some language into the contract. So this difficult situation for 0:33:42.840 --> 0:33:46.360 Ohio State isn't just about less Wexner. It's about whether 0:33:46.480 --> 0:33:48.720 institutional naming or inspanding at all. I mean, what's what's 0:33:48.720 --> 0:33:51.400 the point of the contract, And you just got to 0:33:51.440 --> 0:33:54.000 be consistent their own naming review standards ask if there's 0:33:54.040 --> 0:33:57.080 a sub according to this a substantial evidence of misconduct 0:33:57.080 --> 0:33:59.680 harmful to OSU's reputation. If that bar's met, then the 0:33:59.680 --> 0:34:02.320 money's tainted. If the bar isn't met, then the name 0:34:02.360 --> 0:34:06.040 should stay. You can't clear the bar for removal, but 0:34:06.120 --> 0:34:10.319 not for a refund. And certainly throughout history, universities have 0:34:10.760 --> 0:34:15.640 certainly kept money from fire worse actors in this case 0:34:15.680 --> 0:34:20.080 and less Wexner. But it's selective outrage and only applies 0:34:20.120 --> 0:34:22.600 when a story goes viral. And what's our problem? What 0:34:22.640 --> 0:34:25.920 do we stand for? It's a really really tough place 0:34:25.960 --> 0:34:28.600 for any university, specially Ohio State, to be in. You're 0:34:28.640 --> 0:34:30.520 not taking the side of a less Wexner going, that's 0:34:30.520 --> 0:34:34.560 fine if you fund Jeffrey Epstein, who's raping young girls. 0:34:34.560 --> 0:34:36.400 So I don't worry, it's all good. I'm not saying that. 0:34:36.440 --> 0:34:37.640 I'm saying it's okay. 0:34:37.640 --> 0:34:39.960 If you're going to make this moral stand, then you 0:34:40.040 --> 0:34:42.359 have to make sacrifices as well. The sacrifice is two 0:34:42.400 --> 0:34:45.319 hundred million dollars or whatever whatever the amount is here 0:34:45.800 --> 0:34:50.640 it's a really interesting legal and more dilemma moral dilemma 0:34:50.760 --> 0:34:53.399 that they're in Columbus right now, because I think there's 0:34:53.400 --> 0:34:54.799 a lot of people at a hostate going, oh, if 0:34:54.800 --> 0:34:58.480 you're just quietal, go away or secretly hoping that the 0:34:58.520 --> 0:35:00.560 Wexner thing fizzles out and no one pays tension anymore. 0:35:00.600 --> 0:35:02.239 I don't know this while Epstein thing is just going 0:35:02.320 --> 0:35:05.040 to continue to build and build. The less our legal 0:35:05.080 --> 0:35:08.800 system does UH to bring those to justice, the more outcry. 0:35:08.840 --> 0:35:11.080 I think there's going to be at places like this, Hey, 0:35:11.080 --> 0:35:13.240 real quick at five point three seven four nine, seven thousand. 0:35:13.280 --> 0:35:14.640 Let me get to a Larry and Indiana on the 0:35:14.640 --> 0:35:18.759 Scotsland Show, Hailer, Hey, Scott, what's a uh? 0:35:19.120 --> 0:35:23.440 In quest into the Cincinnati They took McMillan's land. 0:35:23.480 --> 0:35:26.120 He donated all that and then sure came off the building. 0:35:26.480 --> 0:35:27.640 They didn't give the land back. 0:35:27.840 --> 0:35:29.759 Yep, we just did that, didn't we? That ties in 0:35:29.920 --> 0:35:32.000 Sure and it's like, well, what do you does the estate? 0:35:32.040 --> 0:35:34.480 Does the family that the somebody should get money back? 0:35:34.520 --> 0:35:36.239 At that point, I mean, I don't think there's an 0:35:36.239 --> 0:35:38.320 ex now McMillan that a long time ago, but there's 0:35:38.360 --> 0:35:42.120 a you know that there's also a legacy there. What 0:35:42.360 --> 0:35:44.799 happens if you start taking names off buildings years later? 0:35:44.920 --> 0:35:47.239 What what? What about all everything you profited from At 0:35:47.239 --> 0:35:50.600 this point, it just seems like it's a weird hide 0:35:50.640 --> 0:35:52.759 road today, especially now with the Wexner thing, because that's 0:35:52.800 --> 0:35:55.080 more current, right is. I can see where, Hey, they 0:35:55.080 --> 0:35:56.719 gave us the money, but you know, we learned what 0:35:56.800 --> 0:35:59.239 he did years later as abhorrent and not onlign with 0:35:59.280 --> 0:36:02.200 today's standard. Was maybe acceptable back then but not today. 0:36:02.680 --> 0:36:04.960 And so should you give the money back then? I 0:36:05.000 --> 0:36:07.520 think that's I think that's a lower bar low threshold 0:36:07.520 --> 0:36:09.400 for do you see because of the time. But at 0:36:09.480 --> 0:36:11.680 Ohio State right now, since this is a current event, 0:36:12.200 --> 0:36:13.440 I don't know. Do you think they should give the 0:36:13.440 --> 0:36:14.840 two hundred million back to Wexer? 0:36:17.080 --> 0:36:17.719 I believe so. 0:36:18.360 --> 0:36:22.080 I mean, you know, and if you'd say that, it 0:36:22.120 --> 0:36:24.640 feels like you're taking the side of a child predator, 0:36:24.640 --> 0:36:28.560 which no one is. It's just okay, you kind of 0:36:28.560 --> 0:36:29.640 have to make a sacrifice. 0:36:29.640 --> 0:36:29.960 I think. 0:36:30.480 --> 0:36:32.200 I think that's the admiral thing. You can't keep the 0:36:32.480 --> 0:36:34.680 blood money and then denounce it at the same time. 0:36:34.719 --> 0:36:37.239 It doesn't it should work that way, And I hope 0:36:37.239 --> 0:36:39.439 people see through that anyway. Hey, thanks for the call. 0:36:39.640 --> 0:36:41.480 I got to get a news update in when a return. 0:36:41.480 --> 0:36:43.640 At ten oh seven, Conpt Member Mark jeffersons, here's a 0:36:43.719 --> 0:36:46.359 question for you. We know that housing is date tight tight, 0:36:46.680 --> 0:36:51.120 very expensive like cars, very expensive, and we need more 0:36:51.160 --> 0:36:56.440 affordable housing and we need more doors in Cincinnati. Would 0:36:56.480 --> 0:37:00.600 you live in a place that was above a police 0:37:00.600 --> 0:37:04.680 station or a firehouse? Now think about well the noise 0:37:04.719 --> 0:37:07.960 issue for example, that is a proposal for Mark Jefferies 0:37:08.400 --> 0:37:12.080 to put a dent into our housing supply shortage with 0:37:12.160 --> 0:37:13.799 affordable housing here in Cincinnati. 0:37:14.200 --> 0:37:15.919 I said, you look at it, you go, wait, what's 0:37:15.960 --> 0:37:16.360 he gonna do? 0:37:16.360 --> 0:37:19.000 You're gonna put You're gonna live above a fire a 0:37:19.040 --> 0:37:23.320 fire station, a police station. Why does this make sense? 0:37:23.480 --> 0:37:25.400 You'll lay it out next on the show seven hundred 0:37:25.400 --> 0:37:29.880 WWD Cincinnati. You want to be an American flowing out 0:37:29.920 --> 0:37:34.400 seven hundred w LW. Could this idea help tackle the 0:37:34.400 --> 0:37:37.720 housing crisis? You know w a housing pinch, housing crunch, 0:37:38.040 --> 0:37:41.000 and the idea is to stack housing on top of 0:37:41.080 --> 0:37:45.719 firehouses and police stations. Council Member Mark Jefferies is here 0:37:45.760 --> 0:37:50.600 to discuss on seven hundred WLW Mark, Good morning morning. No, 0:37:50.640 --> 0:37:52.920 when I first heard this, I chuckle. It seems I 0:37:52.920 --> 0:37:54.719 don't know why. It just seems silly, you know what 0:37:54.760 --> 0:37:55.080 I mean. 0:37:57.520 --> 0:38:00.560 Yeah, Look, it's it's an interesting to think out of 0:38:00.560 --> 0:38:03.160 the box given the crisis that we have in housing. 0:38:03.680 --> 0:38:04.319 Look, this is. 0:38:04.280 --> 0:38:08.560 Happening throughout the country. You think about all the types 0:38:08.560 --> 0:38:13.600 of buildings that any city built, Yes, firehouses, police stations, 0:38:13.640 --> 0:38:18.320 but rec centers, health centers, and we build the base, 0:38:18.760 --> 0:38:22.200 you know, the first floor typically, and there's an opportunity 0:38:22.239 --> 0:38:24.719 to build a couple of floors on top of that. 0:38:25.120 --> 0:38:28.000 And in a lot of other cities that enables a 0:38:28.000 --> 0:38:31.799 lot more senior affordable housing because the economics work. The 0:38:31.840 --> 0:38:35.200 city's already spending money to build a foundation, so then 0:38:35.239 --> 0:38:37.640 a developer just comes in and builds the housing our top. 0:38:38.239 --> 0:38:39.799 So I think it's an opportunity. It's not going to 0:38:39.880 --> 0:38:44.040 solve our housing crisis, but it's one way to add 0:38:44.080 --> 0:38:48.080 more units for people who may want to live in 0:38:48.080 --> 0:38:50.480 a rangement like that. It's not for everyone, but some 0:38:50.560 --> 0:38:55.080 folks may very well want to live in a rec center. 0:38:55.200 --> 0:38:57.240 Yeah, a rec center. I mean you just mentioned police 0:38:57.239 --> 0:38:59.840 and fire stations. I guess maybe the fire station or 0:39:00.040 --> 0:39:01.880 lease stations, particularly the fire station. One to me is 0:39:02.480 --> 0:39:04.600 I mean, are you going to be people with with 0:39:05.200 --> 0:39:07.640 that are hard of hearing or hearing issues seniors, because 0:39:07.640 --> 0:39:10.960 it's I don't know about. If I ever a firehouse, 0:39:11.000 --> 0:39:12.320 I've been around, it's pretty loud. 0:39:13.560 --> 0:39:14.840 Yeah, it's funny. 0:39:14.880 --> 0:39:16.719 I chuckle at that as well. But if you think 0:39:16.760 --> 0:39:18.560 about I mean, I live in Clifton on Love Low. 0:39:18.600 --> 0:39:22.160 People live literally right next to the fire station. Over 0:39:22.280 --> 0:39:25.800 in Westwood, the firehouses people live across or next to it. 0:39:26.120 --> 0:39:30.600 Most fire trucks these days when they leave, they don't 0:39:30.760 --> 0:39:35.680 put their sirens on right away anyway. And so you know, 0:39:35.800 --> 0:39:37.920 I mean, yes, it's as I said, it may not 0:39:38.000 --> 0:39:41.160 be for everyone, but I think it's an opportunity to 0:39:41.360 --> 0:39:42.960 add more housing units. 0:39:43.000 --> 0:39:44.480 And here's the thing, Scott. 0:39:44.520 --> 0:39:47.479 You know, we added about five thousand people in terms 0:39:47.520 --> 0:39:52.200 of population, and we're only adding about a thousand units 0:39:52.239 --> 0:39:55.400 net of new housing a year, right, And what that 0:39:55.480 --> 0:39:59.120 means pure supply is a man is that as a result, 0:39:59.239 --> 0:40:02.320 prices are going up, and so we need more housing. 0:40:02.719 --> 0:40:06.200 And this is a creative solution that we'll add more housing. 0:40:06.480 --> 0:40:09.439 It's true, not just in Cincinnati, but everywhere. The price 0:40:09.440 --> 0:40:12.520 of housing as we know, is going up exorbitantly these days. 0:40:12.760 --> 0:40:14.759 I had a started earlier this morning at nine oh 0:40:14.800 --> 0:40:17.720 six on the podcast, and the average price Mark Jeffreys 0:40:17.719 --> 0:40:20.560 of a new car has just the average price now 0:40:20.600 --> 0:40:22.880 has just passed the fifty thousand dollars. 0:40:22.960 --> 0:40:23.160 Mark. 0:40:24.840 --> 0:40:26.560 Let that's sank in for a second. I mean that's 0:40:26.640 --> 0:40:28.439 that's car, but housings right up there too. 0:40:30.040 --> 0:40:30.239 Yeah. 0:40:30.280 --> 0:40:33.560 I mean, look, Scott, the you know, the average average 0:40:33.760 --> 0:40:37.600 age of a new home buyers forty now. Several years 0:40:37.600 --> 0:40:40.480 ago it was thirty something. In the sixties it was twenty, 0:40:40.840 --> 0:40:42.440 I mean forty, and you take out a thirty year 0:40:42.480 --> 0:40:46.720 mortgage here in your seventies, yep, before you're even paying 0:40:46.719 --> 0:40:50.040 off the pain off the mortgage, and the I mean, 0:40:50.080 --> 0:40:51.640 the American dream is just unattainable. 0:40:52.840 --> 0:40:54.880 Okay. If you're younger, you feel like the screws. 0:40:54.920 --> 0:40:58.560 I mean, I'm someone behind the baby boomer generation and 0:40:58.600 --> 0:41:01.920 I feel like, Wow, I'm getting squeeze. I can only imagine, 0:41:01.880 --> 0:41:03.760 you know, you're a gen Z of millennials, but particularly 0:41:03.760 --> 0:41:06.600 Gen z RS right now. But is this enough housing 0:41:06.640 --> 0:41:08.239 units to make a dent in it? 0:41:08.360 --> 0:41:09.839 Mark? I mean, what are we actually talking about? 0:41:09.880 --> 0:41:09.960 Her? 0:41:11.000 --> 0:41:11.360 Yeah? 0:41:11.400 --> 0:41:15.120 So as I preface, it's not going to solve. It's 0:41:15.160 --> 0:41:17.080 going to take a lot of these things. We legalize 0:41:17.080 --> 0:41:20.400 the desperate dwelling units, you remember that. I've met somebody 0:41:20.440 --> 0:41:22.760 the other day who added it. They moved their parents 0:41:22.760 --> 0:41:25.399 in their backyard and they absolutely love it. 0:41:26.120 --> 0:41:27.600 You know, So you get incremental units. 0:41:27.640 --> 0:41:30.040 It's not gonna there's no silver bullets that's going to 0:41:30.160 --> 0:41:32.960 solve all of the housing needs. But look if we 0:41:33.000 --> 0:41:35.560 can add a couple hundred units as a result of this, 0:41:36.480 --> 0:41:38.840 when you when you think about it, it's got you know, 0:41:38.920 --> 0:41:41.879 we sold the railroad, we're you know, in principle, we've 0:41:41.920 --> 0:41:47.360 got twice as much investment going into UH into city projects, 0:41:48.080 --> 0:41:51.279 including we're going to build three new firehouses yep. And 0:41:51.360 --> 0:41:53.120 so over the next couple of years, we're going to 0:41:53.160 --> 0:41:55.440 be added more off the structure. And and what I've 0:41:55.480 --> 0:41:57.560 asked the administration to do is just look where does 0:41:57.600 --> 0:42:01.000 it make sense. It may not make sense everywhere, but 0:42:01.280 --> 0:42:03.080 as they look at their massive plan of where we're 0:42:03.080 --> 0:42:05.240 going to build new units. I'll give you an example 0:42:05.280 --> 0:42:07.759 in Oakley, we built a new rec center there that 0:42:07.760 --> 0:42:10.040 would have been perfect. You know, I know I do 0:42:10.120 --> 0:42:12.799 know some people that said well, they would love to 0:42:12.800 --> 0:42:15.120 live on top of a wreck and have a workout, 0:42:15.480 --> 0:42:17.560 They can go out and you know, leave their kids 0:42:17.840 --> 0:42:21.440 at the daycare. You know. Again, except for everyone, but 0:42:21.480 --> 0:42:21.879 for some. 0:42:22.440 --> 0:42:23.920 Yeah, no, no, that seems like I mean that that 0:42:24.000 --> 0:42:25.839 does seem like a good idea as long as you know, 0:42:26.120 --> 0:42:29.440 I'm curious how many people are going to wind up 0:42:29.480 --> 0:42:31.880 running these places. But how do you ensure that housing 0:42:32.000 --> 0:42:34.320 is built on top of these new structures, Mark Jefferies, 0:42:34.400 --> 0:42:37.400 is generally affordable and not just a little less expensive 0:42:37.400 --> 0:42:38.640 than luxury market rates. 0:42:39.920 --> 0:42:43.319 Yeah, I mean, the reality is, I think the economics 0:42:43.640 --> 0:42:47.920 will be in principle much better because if you think 0:42:47.920 --> 0:42:50.640 about let's say a rec center, the city is paying 0:42:50.640 --> 0:42:52.880 to build the foundation, of paying to build the first floor, 0:42:53.360 --> 0:42:56.320 and so that has stunt costs for whatever developers and 0:42:56.400 --> 0:42:59.960 developers paying for, you know, floors two, three, four, five, one, 0:43:00.040 --> 0:43:03.239 ever the case may be. And so in principle, what 0:43:03.280 --> 0:43:06.520 we've seen around the country as a result is those 0:43:06.640 --> 0:43:10.319 units are a lot more affordable, especially for seniors. I mean, 0:43:10.360 --> 0:43:12.920 look to our earlier conversation, and these folks who are 0:43:12.920 --> 0:43:15.960 in their sixties, seventies and maybe have fixed income, and 0:43:16.160 --> 0:43:19.640 prices are going up, rents are going up. They need 0:43:19.760 --> 0:43:23.640 predictable places to live where they know exactly how much 0:43:23.719 --> 0:43:24.640 their rent is going to be. 0:43:24.680 --> 0:43:25.560 And they can't, you. 0:43:25.480 --> 0:43:27.200 Know, they don't have flexible income for a lot of 0:43:27.200 --> 0:43:30.480 folks who are you know, in their seventies plus. 0:43:30.640 --> 0:43:32.759 Right, Well, I guess what happens is, so the city 0:43:32.800 --> 0:43:34.560 would buy property. Let's say they're can to develop a 0:43:34.560 --> 0:43:36.000 rec center like an Oakley if you could go in 0:43:36.000 --> 0:43:38.319 the way back machine and do it there. All right, 0:43:38.360 --> 0:43:40.480 so you own, you buy the land very expensive, You 0:43:40.520 --> 0:43:44.279 build in the structure as long as you're digging and developing. 0:43:44.880 --> 0:43:47.120 You put down bigger footer so it can support a 0:43:47.160 --> 0:43:51.719 building above a building. And now the developer goes, okay, good, 0:43:51.719 --> 0:43:53.839 we're going to seal or rent these buildings out. Why 0:43:53.880 --> 0:43:55.880 wouldn't they just try to get market rate, which is 0:43:55.920 --> 0:43:57.840 going to be higher than a lot of people can afford. 0:43:58.160 --> 0:44:01.440 Does that undermine the affordability issue? 0:44:02.520 --> 0:44:04.879 Yeah? I mean I think that comes back to who 0:44:04.920 --> 0:44:08.880 we partner with and what developer and what the agreement 0:44:09.000 --> 0:44:11.400 is with the developer. And that's where in the early 0:44:11.440 --> 0:44:13.680 stages of this right, I've just asked the administration to 0:44:13.719 --> 0:44:16.560 go out and identify where the buildings and then have 0:44:16.880 --> 0:44:21.720 conversations with different developers, especially ones who build affordable houses, 0:44:22.040 --> 0:44:23.920 and I think that would be part of the agreement, 0:44:24.520 --> 0:44:29.400 is that they're building that had income restricted housing on 0:44:29.480 --> 0:44:30.160 these units. 0:44:30.320 --> 0:44:33.360 Okay, he's got some member, Mark Jeffries, with a novel 0:44:33.400 --> 0:44:35.840 approach here to help put a dent into the city's 0:44:35.840 --> 0:44:38.960 housing crisis. And it's a crisis that's repeated in every 0:44:39.000 --> 0:44:41.960 town across America, and saying, hey, you know, if the 0:44:41.960 --> 0:44:45.840 city's going to start building new fire stations, police stations, 0:44:45.880 --> 0:44:48.879 rec centers, things like that with the money from the 0:44:49.320 --> 0:44:53.240 railway fund, well, then shouldn't we think about maybe putting 0:44:53.239 --> 0:44:55.440 housing atop some of these buildings. I don't know how 0:44:55.480 --> 0:44:57.920 many people want to live above a fire station or 0:44:58.000 --> 0:45:00.399 police station, but rec centers and other buildings like that. 0:45:00.520 --> 0:45:03.560 Possibly does this help put a small vent, But any 0:45:03.760 --> 0:45:05.920 little bite of the apple, of course, is better than nothing. 0:45:05.920 --> 0:45:09.200 I would say in that regard, though, how many other 0:45:09.239 --> 0:45:11.040 cities are doing this in to what success? 0:45:12.280 --> 0:45:12.480 Yeah? 0:45:12.520 --> 0:45:16.440 I mean I just saw an example yesterday of a 0:45:16.480 --> 0:45:20.600 smaller city in Oregon, just outside like Portland or whatever, 0:45:21.320 --> 0:45:25.000 and they built housing on top of the libraries in 0:45:25.080 --> 0:45:29.480 town and its senior affordable, I think below sixty percent 0:45:29.520 --> 0:45:34.120 average union income. There are several cities throughout the country 0:45:34.719 --> 0:45:38.880 that have done this, and so it's not a completely 0:45:39.040 --> 0:45:42.319 unique approach. It's been done before. It just hasn't been 0:45:42.400 --> 0:45:47.040 done here, and you know, it'll drive some incremental units 0:45:47.920 --> 0:45:50.320 and definitely worth running the ground. Look, I mean, it 0:45:50.400 --> 0:45:53.719 may not resolve everything, but it adds a little bit. 0:45:53.760 --> 0:45:54.720 Then I think we're. 0:45:54.560 --> 0:45:56.920 Much I don't think it's I don't think it's a 0:45:56.920 --> 0:45:59.319 game changer. Like, for example, the ordinance allows people to 0:45:59.360 --> 0:46:03.719 take their freestanding garages and an accessory dwelling unit and 0:46:03.960 --> 0:46:07.000 turn that into livable housing. That to me seems a 0:46:07.080 --> 0:46:09.279 very novel approach because it's good for the homeowner, it's 0:46:09.320 --> 0:46:12.040 good for tenants. It gets more doors out there that 0:46:12.080 --> 0:46:14.520 we desperately need. But this is you know, it's I 0:46:14.520 --> 0:46:17.759 guess it's a practical solution here. You're already going to 0:46:17.800 --> 0:46:20.120 build these things, why not put some extra housing above 0:46:20.120 --> 0:46:22.520 it and try to take some of that load off. 0:46:22.560 --> 0:46:24.480 I mean, no, it makes sense. We're not just building 0:46:24.520 --> 0:46:27.440 things to build them for housing. We're actually constructing things 0:46:27.440 --> 0:46:31.680 that the community needs and then leveraging that because you're 0:46:31.680 --> 0:46:33.279 already own the property in the building. I mean, no, 0:46:33.360 --> 0:46:34.719 it makes makes a lot of sense in a lot 0:46:34.760 --> 0:46:36.600 of regards long as we start small and see how 0:46:36.600 --> 0:46:41.440 it goes. How many properties top of your head, mark Jefferies, 0:46:41.480 --> 0:46:43.920 do you see or how many developments out there that 0:46:44.000 --> 0:46:47.120 are pending or on the horizon with this money? Now, 0:46:47.280 --> 0:46:49.200 do you see where this would fit in any specific 0:46:49.239 --> 0:46:53.000 examples of where might do this? I mean, I do know. 0:46:53.400 --> 0:46:56.480 We have at least three firehouses that we're gonna build 0:46:56.520 --> 0:46:59.080 in the next few years. I think it will probably 0:46:59.080 --> 0:47:01.080 renovate a couple of help let me think about the 0:47:01.080 --> 0:47:03.800 city has health centers as well. I mean we're building 0:47:03.840 --> 0:47:07.280 the Overrye over the Ryan Rec Center now, so that's 0:47:07.400 --> 0:47:09.839 kind of that ship has sailed, you know, But you're 0:47:09.880 --> 0:47:12.640 probably talking about, you know, over the next ten years, 0:47:12.800 --> 0:47:15.440 maybe a dozen or so at most where this could apply. 0:47:16.480 --> 0:47:22.560 But you know, a dozen with maybe fifty or fewer 0:47:22.800 --> 0:47:25.960 units on top. You know that's you know that that 0:47:26.040 --> 0:47:26.759 starts that up. 0:47:27.120 --> 0:47:29.080 Yeah, well, I mean you know you're spending the money already. 0:47:29.160 --> 0:47:31.960 The bulk of money, as I said, is in the structure, 0:47:32.000 --> 0:47:34.160 the buying the land and everything is like a little 0:47:34.200 --> 0:47:36.239 gravy on top. And if you can maybe even make 0:47:36.280 --> 0:47:38.560 some money off that too and put it back into 0:47:38.600 --> 0:47:40.800 the fund, that's probably even better for taxpayer. 0:47:40.880 --> 0:47:42.560 So it works out there. Any of these. 0:47:42.440 --> 0:47:45.520 Areas you mentioned, and I know it's like Frisco is 0:47:45.560 --> 0:47:47.640 doing it, you said Portland. Are there any problems they've 0:47:47.680 --> 0:47:48.239 run into with this? 0:47:50.000 --> 0:47:50.200 No? 0:47:50.280 --> 0:47:53.000 I mean, I think it really depends on having a 0:47:53.120 --> 0:47:55.880 strong partner and a developer. And we have a lot 0:47:55.920 --> 0:48:01.279 of local developers who produce, especially IF units, and I 0:48:01.280 --> 0:48:03.600 think it's just making sure that you've got the right 0:48:03.840 --> 0:48:07.080 partner who has a track record of, you know, really 0:48:07.320 --> 0:48:10.279 caring about the types of units that they're developing. And 0:48:10.400 --> 0:48:12.800 we've got a lot of those, so I think that's 0:48:13.200 --> 0:48:14.080 that's really the key. 0:48:14.560 --> 0:48:18.160 And yeah, are there any liability issues there? 0:48:18.200 --> 0:48:20.440 I mean, you know, police stations can be dangerous places, 0:48:20.480 --> 0:48:24.200 firehouses are noisy, and you've got big equipment coming in there. 0:48:24.239 --> 0:48:26.320 Any any risk liability concerns? 0:48:27.360 --> 0:48:27.400 No? 0:48:27.560 --> 0:48:29.239 I mean I think a lot of the places that 0:48:29.400 --> 0:48:32.600 do it, they've got separate entrances. Obviously you're not going 0:48:32.640 --> 0:48:34.839 to be walking through a firehouse or a police station. 0:48:35.000 --> 0:48:36.799 Wait a minute, I don't get to slide down the pole. 0:48:36.840 --> 0:48:41.440 What the hell. 0:48:41.480 --> 0:48:42.000 Late for work. 0:48:42.400 --> 0:48:44.279 Look, I mean a lot of people might feel a 0:48:44.320 --> 0:48:47.719 little bit safer u being on top of and as 0:48:47.760 --> 0:48:51.399 I said, look, I mean said the noise issue. There 0:48:51.440 --> 0:48:53.960 are a lot of places in the city where people 0:48:54.000 --> 0:48:58.719 live right next to a firehouse station and uh, you know, 0:48:58.800 --> 0:49:01.239 they they manage, and so I think a lot of 0:49:01.239 --> 0:49:04.279 folks might feel particularly safe, you know, on top of 0:49:04.320 --> 0:49:05.360 it or right next to it. 0:49:05.880 --> 0:49:09.080 Right And you also wanted to build this ordinance to 0:49:09.080 --> 0:49:11.319 to you know, to future profit so someone doesn't come 0:49:11.360 --> 0:49:13.560 in and overturn it. But you know, you're talking such 0:49:13.560 --> 0:49:17.080 a small number of units, I can't imagine it being 0:49:17.120 --> 0:49:22.080 a problem. What about the element though, the contentious Southern 0:49:22.600 --> 0:49:25.560 Railway Trust Fund, And of course that whole thing was 0:49:25.480 --> 0:49:27.560 was something contentious to about what you're going to do 0:49:27.560 --> 0:49:29.680 with the money. And for those who said, wow, here 0:49:29.680 --> 0:49:31.160 we go, we're gonna get off in the weeds. Now 0:49:31.200 --> 0:49:33.600 we're going to take this money. It was destined for infrastructure, 0:49:33.600 --> 0:49:37.720 our crappy roads and intersections, lights, public safety, maybe some buildings, 0:49:37.760 --> 0:49:39.560 and now we're going to start building housing out of 0:49:39.600 --> 0:49:41.840 it that has nothing to do with infrastructure. That's a 0:49:41.840 --> 0:49:44.560 separate deal entirely. It feels like a legal challenge may 0:49:44.560 --> 0:49:45.000 come out of this. 0:49:46.880 --> 0:49:49.640 Well, what I would say is none of that. First 0:49:49.680 --> 0:49:53.240 of all, we are legally prohibited from using that money 0:49:53.320 --> 0:49:58.520 for anything other than current infrastructure. And so if we're 0:49:59.040 --> 0:50:02.400 you know, building you the structure, that money legally cannot 0:50:02.440 --> 0:50:05.560 be used, you know, And so it is purely for 0:50:06.239 --> 0:50:08.239 current infrastructure. So it's not gonna be used to build 0:50:08.320 --> 0:50:11.560 housing on top of anything. So that money would be 0:50:11.680 --> 0:50:14.280 a partnership with a developer. If the city is building 0:50:14.320 --> 0:50:17.960 the structure or renovating the structure, and then on top 0:50:18.040 --> 0:50:20.239 the developer would cover that. And it's your point that 0:50:21.000 --> 0:50:23.800 can be covered in the legal parameters. I think the 0:50:25.160 --> 0:50:27.799 guard rails on the rail funds. 0:50:27.560 --> 0:50:28.239 Are pretty clear. 0:50:28.400 --> 0:50:28.760 Gotcha. 0:50:28.800 --> 0:50:30.680 So the rail money would bid to the LA Rec Center, 0:50:30.719 --> 0:50:33.480 police station, fire station. If you decide to do this 0:50:33.560 --> 0:50:36.120 element of adding on and building up, that's a whole 0:50:36.160 --> 0:50:39.400 separate fund in different money that's going to come in 0:50:39.480 --> 0:50:41.800 to do that, and it's going to be in conjunction. 0:50:42.000 --> 0:50:44.440 And it's not city money. That would not be city money. 0:50:44.440 --> 0:50:46.759 The city would not be spending a dime on that. 0:50:46.880 --> 0:50:48.600 The developer ware would be got. 0:50:48.640 --> 0:50:51.359 A private developer coming in and building housing on top 0:50:51.680 --> 0:50:52.200 got it. 0:50:52.960 --> 0:50:54.960 But again we will see It's interesting. I don't know 0:50:54.960 --> 0:50:57.440 how the developer doesn't go okay, fine, well we're already 0:50:57.440 --> 0:50:59.239 doing this. We'll charge market rates. You're gonna have to 0:50:59.239 --> 0:51:01.040 put some guardrails in there to make sure if you 0:51:01.080 --> 0:51:05.320 want to do affordable housing or market rate housing, you 0:51:05.520 --> 0:51:07.920 you then have to instruct them saying, hey, look, you 0:51:07.920 --> 0:51:10.080 know we'll do this deal, but are you gonna put 0:51:10.120 --> 0:51:12.160 caps in for how much they can charge? But that 0:51:12.239 --> 0:51:14.359 kind of upends the free market because typically someone can 0:51:14.400 --> 0:51:16.080 afford it if it's a nicer place and go, yeah, 0:51:16.080 --> 0:51:18.799 I want to live above a rec center, tender track. 0:51:18.840 --> 0:51:21.319 Maybe more young urban professionals who are going to pay 0:51:21.360 --> 0:51:24.000 top dollar for that. But that then frees up inventory 0:51:24.239 --> 0:51:25.239 down the line a little bit. 0:51:26.680 --> 0:51:29.520 Yeah, I mean I think for you know, like we 0:51:29.600 --> 0:51:31.320 have a lot of developers like the Model Groups that 0:51:31.400 --> 0:51:33.399 does development in and round of the line, that does 0:51:33.440 --> 0:51:36.960 a lot of affordable units. You know, developers like that 0:51:37.800 --> 0:51:41.240 who can come in and say yes, they intend to 0:51:41.320 --> 0:51:45.440 make the units income restricted, and I think, you know, 0:51:45.480 --> 0:51:48.000 that's what we would have to ensure as we write 0:51:48.040 --> 0:51:51.920 the contract and partner with them. 0:51:52.280 --> 0:51:54.680 He's a council member Mark Jeffers and the Scotslan Show 0:51:54.719 --> 0:51:58.359 on seven hundred WLW. And the proposal here to take 0:51:58.680 --> 0:52:02.640 the development from the Cincinnat Southern Railway Trust funds. So 0:52:02.680 --> 0:52:05.080 it's going to be police stations and rec centers and 0:52:05.120 --> 0:52:07.880 firehouses and things, Paul libraries, things like that, and in 0:52:07.920 --> 0:52:10.279 a separate account to housing over the top of some 0:52:10.360 --> 0:52:13.680 of these buildings to alleviate the housing crisis in Cincinnati. 0:52:14.480 --> 0:52:16.520 And you know, it's a creative idea. It's a creative 0:52:16.520 --> 0:52:18.839 solution here. It'll put a small den in things. But again, 0:52:18.880 --> 0:52:20.880 any step forward in the right direction, I think is 0:52:21.120 --> 0:52:22.120 it's a pretty good idea. 0:52:22.160 --> 0:52:22.399 Mark. 0:52:23.719 --> 0:52:24.920 Yeah, no, I've scotten. 0:52:24.960 --> 0:52:27.200 The thing that I want to emphasize this books listening 0:52:27.520 --> 0:52:31.640 is the prior point. None of this money for housing 0:52:31.719 --> 0:52:35.279 on top would come from public dollars. This would not 0:52:35.400 --> 0:52:38.320 be railroad dollars or anything, because I think, you know, initially, 0:52:38.320 --> 0:52:42.319 when one might see that, they might conclude that. I 0:52:42.360 --> 0:52:45.560 think what it is is, hey, we're building these structures anyway, 0:52:46.440 --> 0:52:49.279 let's partner with somebody who then because you've already put 0:52:49.280 --> 0:52:51.480 this on costs and can build housing on top. 0:52:51.960 --> 0:52:55.520 Yeah, and you know I mentioned car is fifty thousand dollars, 0:52:55.560 --> 0:52:58.080 the average price of car in America and the housing 0:52:58.600 --> 0:53:01.120 price of housing and rent is going through the literally 0:53:01.160 --> 0:53:04.000 the roof as well. No pun intended something else had 0:53:04.000 --> 0:53:05.600 happened recently. I don't know, you only have a second 0:53:05.640 --> 0:53:07.880 for this, But during his stay the same mayor after that, 0:53:07.960 --> 0:53:11.600 purevol mentioned his pension bailout plan two hundred and fifty 0:53:11.640 --> 0:53:14.799 million dollars was stuck, you know, ten years ago to 0:53:14.920 --> 0:53:18.080 try and fully fund the city pension program. And now 0:53:18.120 --> 0:53:20.720 it's like, hey, we don't have enough money in twenty 0:53:20.760 --> 0:53:23.200 twenty six, and so now we've got another fifty million 0:53:23.239 --> 0:53:25.600 dollars going in the system, which is about you know, 0:53:25.640 --> 0:53:29.120 taking a significant by out of tax revenues. At some point, 0:53:29.120 --> 0:53:31.480 do you look at that model and go, it's antiquated, 0:53:31.480 --> 0:53:35.080 it's old. That employer funded or city funded pension plant 0:53:35.120 --> 0:53:37.399 plan doesn't work. Why don't we just move everyone over 0:53:37.400 --> 0:53:38.160 a four to one k. 0:53:40.040 --> 0:53:42.480 Yeah, I mean that's a lot bigger discussion. I mean, 0:53:42.520 --> 0:53:46.359 as you know, the Futures Commission had several recommendations on 0:53:46.760 --> 0:53:52.440 solvency on the pension. The proposal that was outlined last 0:53:52.440 --> 0:53:56.400 week was intended as kind of a compromise of the 0:53:56.400 --> 0:54:01.080 employer or employees actually increased their own content and then 0:54:01.120 --> 0:54:05.600 the city in turn is increasing their contribution. So it's 0:54:05.640 --> 0:54:07.839 intended as kind of a balance. But I think that's 0:54:07.880 --> 0:54:10.799 a bigger, longer term conversation is how do we make 0:54:10.840 --> 0:54:15.120 sure that, you know, I mean, it's the solvency of 0:54:16.120 --> 0:54:19.719 that fund and the impact on the city budgets well. 0:54:20.000 --> 0:54:23.839 Fixed you know, fixed pension plans are it's a dog. 0:54:23.920 --> 0:54:26.200 I mean, we'll it's losing all over the place, teachers 0:54:26.200 --> 0:54:28.080 and here in the city of Cincinnati. You can't afford 0:54:28.480 --> 0:54:31.080 fifty million every few years to prop this whole thing up. 0:54:31.080 --> 0:54:33.080 And at some point, you know, four oh one k's 0:54:33.080 --> 0:54:36.520 work wonderfully. I'm in one, and I know people go on, 0:54:36.600 --> 0:54:38.960 there's no guarant there's no guarantees anymore. I mean, pensions 0:54:39.000 --> 0:54:42.480 are you know, an idea that's at least fifty years old. 0:54:42.960 --> 0:54:45.680 They just simply don't work anymore. And I think it's 0:54:45.760 --> 0:54:48.239 unfair to burden people, especially younger tax payers and those 0:54:48.239 --> 0:54:50.120 who are trying to lure to Cincinnati by having to 0:54:50.120 --> 0:54:50.800 pay the freight on this. 0:54:52.320 --> 0:54:52.560 Yeah. 0:54:52.600 --> 0:54:54.080 I mean, look, I have a four to one k 0:54:54.239 --> 0:54:58.000 myself for my company, and my wife through her pediatric 0:54:58.080 --> 0:55:02.680 office as well. So I mean I hear you. I 0:55:02.719 --> 0:55:05.319 think this is a larger discussion that we need to 0:55:05.360 --> 0:55:07.880 have that came out of the Futures Commission of how 0:55:07.920 --> 0:55:10.880 do we make sure that our physical health is strong 0:55:11.160 --> 0:55:14.399 going forward? Yeah, and you know there's a lot more 0:55:14.440 --> 0:55:15.279 that we need to do on that. 0:55:15.440 --> 0:55:18.280 Yeah, we'll have a separate conversation there, but that definitely 0:55:18.280 --> 0:55:20.880 has to change. He's Console member Mark Jeffries. Thanks for 0:55:20.960 --> 0:55:22.520 jumping on the show again. Mark, have a great day. 0:55:23.000 --> 0:55:24.320 Appreciate it's got tickare. 0:55:24.080 --> 0:55:24.759 Take care all the best. 0:55:24.840 --> 0:55:26.520 Let me get a news updated and that's about five 0:55:26.520 --> 0:55:29.799 minutes away here on seven hundred WW. The whipsaw, whether 0:55:29.840 --> 0:55:32.360 we have warm temperatures, We've got more snow coming and 0:55:32.360 --> 0:55:35.560 then more warm temperatures. As Mom would say, you're gonna 0:55:35.600 --> 0:55:38.440 get sick, You're gonna catch your death. Full forecast traffic, 0:55:38.480 --> 0:55:40.799 all that just minutes away here on the Big One 0:55:40.840 --> 0:55:45.520 seven hundred WW. iHeartMedia and seven hundred WW. Salute Cincinnati's 0:55:45.520 --> 0:55:47.319 own Procter and Gamble. If you've got someone there you'd 0:55:47.320 --> 0:55:49.319 like for us to recognize on air, Text or name 0:55:49.400 --> 0:55:55.720 to fifty one eight eighty one and be listening slowly 0:55:55.760 --> 0:56:03.479 back on seven hundred WLW. A couple of things going 0:56:03.520 --> 0:56:07.919 on this I don't know if you follow. I've really 0:56:07.920 --> 0:56:09.680 done the BAFT Awards, which are a British thing. I 0:56:09.680 --> 0:56:11.600 don't even know what the hell that is, but it's 0:56:11.640 --> 0:56:14.920 really interesting the controversy surrounding this thing. So they had 0:56:14.920 --> 0:56:18.200 the word so on what Sunday, And there was a 0:56:18.239 --> 0:56:23.200 Touret syndrome activist named John Davidson who during the presentation 0:56:23.320 --> 0:56:27.040 he was seated in the crowd in the audience, and 0:56:27.160 --> 0:56:31.239 during the ceremony, Black actors del Roy Lindo and Michael B. 0:56:31.360 --> 0:56:34.799 Jordan were on stage and Davidson was there. The guy 0:56:34.800 --> 0:56:37.280 with the tourettes was attending because the film I Swear 0:56:37.840 --> 0:56:41.239 was nominated for awards. I Swear was inspired by his 0:56:41.360 --> 0:56:44.000 life with Tourette syndrome. And as you know, Tourette syndrome 0:56:44.960 --> 0:56:47.280 not in all cases, but in a number of cases 0:56:47.360 --> 0:56:52.239 makes you say things under nervousness that you know. The 0:56:52.239 --> 0:56:56.960 extreme examples are people would use very horrible and coarse language, 0:56:58.360 --> 0:57:03.480 and in the case of Davidson, he was blurting out 0:57:03.600 --> 0:57:05.680 during the award the N word. 0:57:06.120 --> 0:57:07.360 What the N word? 0:57:09.360 --> 0:57:11.640 So the host addressed the Ausbers a couple of times 0:57:11.719 --> 0:57:18.880 he explained that Tourett's syndram ticks are in voluntary, and 0:57:18.920 --> 0:57:21.080 then afterwards, of course there was all hauled up to 0:57:21.080 --> 0:57:23.600 pay for that. Jamie Fox fired back on social media. 0:57:23.640 --> 0:57:26.840 He said the incident was unacceptable and that he meant 0:57:26.920 --> 0:57:30.800 that bleep that Davidson actually meant it, which if it's 0:57:30.840 --> 0:57:34.120 an actual bonafide medical condition, and we all know about turetts, 0:57:35.320 --> 0:57:39.480 we know that not to be true. But still, the 0:57:39.520 --> 0:57:42.280 part about this whole thing was I think one journalist 0:57:42.360 --> 0:57:44.080 wrote something about how black people are supposed to be 0:57:44.080 --> 0:57:46.760 okay with being disrespected to human eyes, so other people 0:57:46.800 --> 0:57:51.040 don't feel bad. And the whole problem is the fact 0:57:51.080 --> 0:57:53.800 that this could have been avoided. Why would you put 0:57:53.880 --> 0:57:56.640 someone with Tourett's who I mean, I'm sure it's not 0:57:56.680 --> 0:57:58.320 the friend, and did he mean it? I would I'd 0:57:58.360 --> 0:58:00.640 side in him, knowing I don't know much about turets, 0:58:00.680 --> 0:58:04.880 but I know it's a real, real condition, and you 0:58:04.960 --> 0:58:10.040 know he's probably spurted put this word out there before himself, right, 0:58:12.120 --> 0:58:15.439 And so why would you take someone with that disability 0:58:16.520 --> 0:58:21.040 and put them in a position where they and you 0:58:21.200 --> 0:58:23.400 kind of thought he might do this because of the 0:58:23.440 --> 0:58:25.840 tension that put him in a position where this could 0:58:25.880 --> 0:58:29.000 happen in the first place. And the problem is this 0:58:29.120 --> 0:58:32.560 this whole victimhood hierarchy thing too. So you got this 0:58:32.640 --> 0:58:37.320 disabled person with Turetts harming someone from another marginalized group, 0:58:37.800 --> 0:58:39.560 and now you've got to rank victimhoods, So like it's 0:58:39.560 --> 0:58:42.400 a battle of victimhoods. Who's victim whose experience is worse 0:58:42.520 --> 0:58:45.880 the guy with Touret syndrome or Black America or blacks 0:58:45.920 --> 0:58:51.040 in America, And so everyone rushes to defend the guy 0:58:51.080 --> 0:58:55.200 with Turetts, But there's also harm done to well Lindo 0:58:55.280 --> 0:58:59.840 and Jordan, so that disability was being used as a shield, right, 0:59:00.000 --> 0:59:05.600 It's like the apology shouldn't really the apologies should have 0:59:05.640 --> 0:59:08.680 to come, is it? Apology come from black men or 0:59:08.760 --> 0:59:13.160 people with Turetts? And when it came out and said, well, 0:59:13.160 --> 0:59:15.280 if you're offended by this, that's not really an apology. 0:59:16.400 --> 0:59:18.880 We apologize if you're a friend it offended by this. 0:59:20.080 --> 0:59:22.960 So it almost seems like you're a bad person if 0:59:23.000 --> 0:59:24.840 you're offended by this, which is not true at all. 0:59:24.880 --> 0:59:28.400 It centers the disabled person's innocence rather than the harm 0:59:28.440 --> 0:59:30.920 done to the real people in the room and it 0:59:31.000 --> 0:59:32.480 kind of was a throw right. I have to agree 0:59:32.480 --> 0:59:36.360 with the journalists to put that out there now. Prior 0:59:36.360 --> 0:59:38.480 to this whole thing, guests were told before the show 0:59:39.120 --> 0:59:41.760 and there was a jumbo tron intro and there are 0:59:41.800 --> 0:59:44.320 two announcements made by the host, Alan Cumming, who also 0:59:44.360 --> 0:59:47.560 did the apology and let people know, hey, this could happen. 0:59:49.280 --> 0:59:51.919 Is that A Does that feel like you would all 0:59:52.080 --> 0:59:55.880 a genuine accommodation, like you know, if you're in a wheelchair, 0:59:56.120 --> 0:59:59.040 we have accommodations where you have ramps, we have elevators, 0:59:59.680 --> 1:00:02.720 we have have seats extra you go to pay course, 1:00:02.800 --> 1:00:04.880 damem a Reds game, and you know we should be 1:00:04.880 --> 1:00:07.720 doing that. We should have ramps and curb cuts and 1:00:07.720 --> 1:00:11.560 things like that hundred percent. But this almost feels like 1:00:12.440 --> 1:00:16.880 it's beyond an accommodation and we told you. It's like, oh, 1:00:16.920 --> 1:00:18.600 we told you ahead of time this could happen. So 1:00:18.680 --> 1:00:23.200 if you're uncomfortable, it's your problem. Now, why would you 1:00:23.240 --> 1:00:26.000 put him in that type of seating where he could 1:00:26.000 --> 1:00:28.160 do that? Or I'm not put him in a you know, 1:00:28.200 --> 1:00:29.840 like if you go to go to mass and they 1:00:29.840 --> 1:00:31.840 have the cry room for kids, so they have just 1:00:31.960 --> 1:00:32.680 rubbed mass. 1:00:33.520 --> 1:00:35.000 Why not in an environment like that. 1:00:35.040 --> 1:00:37.480 Well, then you're singling him out and making him feel well, 1:00:37.880 --> 1:00:40.520 you know, I'm sorry if if this is the condition 1:00:41.040 --> 1:00:43.000 which you suffer from, and there's no cure for it, 1:00:43.000 --> 1:00:45.880 it's a horrible thing. I'm not saying I'll forget about it. 1:00:45.960 --> 1:00:46.520 I'm saying this. 1:00:46.920 --> 1:00:49.760 We go so far to make accommodations or aggrieved groups. 1:00:49.800 --> 1:00:54.120 It's insane. It's a terret is a real thing. It's 1:00:54.160 --> 1:00:57.720 a tick. Doesn't answer why you would use the N word. 1:00:58.600 --> 1:01:00.440 And I feel badly for the black prof formers that 1:01:00.480 --> 1:01:02.680 were there too. And now we've got this fight between 1:01:02.720 --> 1:01:08.200 who's the more aggrieved group. It's this, this whole. 1:01:07.920 --> 1:01:08.320 I don't know. 1:01:08.360 --> 1:01:11.440 It's empathy, theater we want to feel. So we want 1:01:11.440 --> 1:01:13.920 to hold this person up because they're nominated for this important, 1:01:13.960 --> 1:01:16.919 stupid award and and we're gonna we're gonna treat them 1:01:16.960 --> 1:01:21.440 like anyone else would anyone else. And it's your fault 1:01:21.480 --> 1:01:25.240 if you don't quote unquote get it. That's it's so exploitative, 1:01:25.320 --> 1:01:27.000 and that's where we are today in society for a 1:01:27.040 --> 1:01:29.440 lot of groups, not just someone with turets in this case. 1:01:32.240 --> 1:01:34.280 There are some people and I know that the not 1:01:34.480 --> 1:01:36.400 maybe the most common thing, but if you have tourettes 1:01:37.520 --> 1:01:39.200 is people who have nervous laughter. 1:01:39.240 --> 1:01:40.120 It's kind of close to that. 1:01:40.600 --> 1:01:42.440 There are some folks under stress they'll laugh, I love, 1:01:42.520 --> 1:01:44.520 like I don't know, a big tragedy happens and they'll 1:01:44.520 --> 1:01:46.520 start laughing, you know, like what a jerk? What an 1:01:46.560 --> 1:01:51.880 a hole? Yeah, but that's that's the tick. And I'm sorry, 1:01:51.880 --> 1:01:54.960 but involuntary, it's involuntary. They can control themselves. Yeah, but 1:01:55.040 --> 1:02:00.480 it also doesn't mean consequence free and selfware about how 1:02:00.520 --> 1:02:04.080 your condition affects others is still a reasonable expectation. You 1:02:04.080 --> 1:02:05.600 shouldn't be allowed to do whatever the hell you want 1:02:05.640 --> 1:02:07.040 to do because your condition. 1:02:06.760 --> 1:02:08.800 It's it's there's and none of that. 1:02:08.880 --> 1:02:12.520 I think it's you think that Davidson guy with taretz, 1:02:13.080 --> 1:02:16.280 do you feel kind of like he's I don't know, 1:02:16.480 --> 1:02:20.280 like a he's like a display item. Like they're putting 1:02:20.320 --> 1:02:22.840 him out there going, oh, you look at your successful 1:02:22.840 --> 1:02:25.080 and good for you treating them like, you know, like 1:02:25.080 --> 1:02:27.520 like a ten year old autistic kid for crying out loud. 1:02:28.400 --> 1:02:31.240 He has agency too. Those things aren't usually exclusive. He 1:02:31.280 --> 1:02:33.160 could have said, yeah, you know what, this is kind 1:02:33.160 --> 1:02:35.640 of exploitative. I know, I'm gonna blurt some bad stuff out, 1:02:35.880 --> 1:02:37.840 maybe not the end bomb, but bad stuff. And it's 1:02:37.840 --> 1:02:40.720 going to disrupt the ceremony. Yeah, maybe everybody off on 1:02:40.760 --> 1:02:43.520 a corner backstage. Why do you have to know? No, 1:02:43.600 --> 1:02:45.280 we have to treat you like everyone else, but you're not. 1:02:47.040 --> 1:02:48.480 And if you do that and you're put in a 1:02:48.480 --> 1:02:50.760 position now he again, I said he has agency so 1:02:50.760 --> 1:02:52.480 he could say, yeah, I'm not doing this, but chose 1:02:52.520 --> 1:02:55.280 to engage in this whole spectacle. This is what happens, 1:02:56.680 --> 1:02:58.400 you know, the debate over you know, Jamie Fox, Well, 1:02:58.400 --> 1:03:00.200 it's not real. He said that, he meant it. You know, 1:03:00.200 --> 1:03:04.520 I couldn't disagree more. It's or Israel. It obviously is. 1:03:04.560 --> 1:03:09.320 But there's this whole cultural reflux now because of propriety 1:03:09.400 --> 1:03:12.720 and because of empathy, which should have empathy, but I 1:03:12.760 --> 1:03:15.840 think that's that's also you're you're taking empathy and you're 1:03:15.920 --> 1:03:18.520 using it as a weapon as a well, either you're 1:03:18.560 --> 1:03:19.400 with us or against us. 1:03:19.400 --> 1:03:24.480 It's not that way. You know, there's there's I'm sorry, 1:03:24.520 --> 1:03:25.240 but there's. 1:03:25.080 --> 1:03:30.080 This culture reflux where you say a disability or aggrieved 1:03:30.080 --> 1:03:32.640 group and it instantly ends in a moral conversational to 1:03:32.680 --> 1:03:34.920 you that if you if you say anything against us, 1:03:34.920 --> 1:03:35.720 you're a horrible person. 1:03:35.760 --> 1:03:36.520 That's not true at all. 1:03:37.360 --> 1:03:40.240 How is this serving actual disabled people or is it 1:03:40.320 --> 1:03:43.240 just making everyone else feel enlightened while the real harm 1:03:43.240 --> 1:03:47.520 goes unaddressed. I mean this, it's the dumbest, most awful 1:03:47.560 --> 1:03:49.640 example of our times. And that's just this week. I'm 1:03:49.640 --> 1:03:54.440 sure tomorrow will be something else. You know, the tics 1:03:54.440 --> 1:03:56.520 aren't your fault. I get that, but they can make 1:03:56.520 --> 1:04:00.640 people uncomfortable. And I'm sure Davidson knows that too. And 1:04:00.680 --> 1:04:04.200 if his tick is shouting horrible obscenities, you should be 1:04:04.280 --> 1:04:06.760 willing to accept you do need special accommodations and just 1:04:06.800 --> 1:04:08.720 have the decency to ask for them and not be 1:04:08.800 --> 1:04:10.960 trotted out there like some sort of freak show spectacle, 1:04:11.000 --> 1:04:12.800 which is what this whole thing is now devolved in. 1:04:13.000 --> 1:04:15.280 And how does that help people with any disability or 1:04:15.320 --> 1:04:18.360 of any group. It's just the decide wheelers. It's insane. 1:04:19.880 --> 1:04:21.600 It's insane. You want to blame well, it's a social 1:04:21.640 --> 1:04:23.720 media culture. It's just how we are. So we're bend 1:04:23.760 --> 1:04:26.200 over backwards to look how look how inclusive we are. 1:04:26.320 --> 1:04:26.800 But you're not. 1:04:27.600 --> 1:04:31.360 That's that's the exact opposite of that. And you made, 1:04:32.000 --> 1:04:34.000 you know, you made people in this case. But black 1:04:34.040 --> 1:04:38.080 guys go, yeah, I'm supposed to accept that that horrible word. 1:04:38.280 --> 1:04:39.000 Not not really. 1:04:39.600 --> 1:04:42.280 And then if you if there's backlash against the guys turetts, 1:04:42.800 --> 1:04:45.800 then you don't have any empathy for people with disabilities like. 1:04:45.760 --> 1:04:48.120 That, which those two things are. It's just simply not true. 1:04:48.520 --> 1:04:49.120 What a joke. 1:04:50.440 --> 1:04:52.439 I mean that guy that happened over there, it didn't 1:04:53.080 --> 1:04:56.280 didn't happen to BAFT awards when you're a lesser award show. 1:04:56.320 --> 1:04:58.840 But the whole victim would hierarchy and which is the 1:04:59.000 --> 1:05:01.240 more you know, know, if you had a I don't know, 1:05:01.280 --> 1:05:05.200 if you had a black Asian person in a wheelchair 1:05:05.280 --> 1:05:09.800 with Tourett's and they also had I don't know, gluten issues, 1:05:09.880 --> 1:05:11.959 sens it. I mean, you know where we're like looking 1:05:11.960 --> 1:05:14.160 for this ultimate poster chote. It feels like these groups 1:05:14.160 --> 1:05:16.400 do that, they look for this ultimate cause like wow, 1:05:16.440 --> 1:05:17.680 it's gone, it checks all the boxes. 1:05:17.760 --> 1:05:20.560 It's a horrible look. Everyone's got their stuff, I get it. 1:05:20.600 --> 1:05:25.080 And some disabilities are are not visible to utts is obviously, 1:05:26.760 --> 1:05:28.720 but you know, we should have to be choosing between 1:05:30.240 --> 1:05:32.600 between these groups. It's just it's it's a crazy it's 1:05:32.640 --> 1:05:35.040 a crazy notion we got to today, that's for sure. Anyway, 1:05:35.160 --> 1:05:37.480 Scott flowing here on seven hundred W. But I'm glad 1:05:37.520 --> 1:05:40.840 I don't watch ward shows. That's the bottom line for 1:05:40.920 --> 1:05:44.880 it today. Another reason not to watch Award shows for sure. 1:05:45.280 --> 1:05:46.840 Here's something on a light well, I don't know if 1:05:46.880 --> 1:05:50.240 it's a lighter basis or not. You know, we have 1:05:50.360 --> 1:05:54.000 these apps now and certainly we have devices those apps 1:05:54.280 --> 1:05:57.120 work with and if you have an Apple I have 1:05:57.120 --> 1:05:57.960 an Apple Watch now. 1:05:58.000 --> 1:05:58.120 You know. 1:05:58.120 --> 1:05:59.960 I track a little fitness on there. I got a calendar. 1:06:00.200 --> 1:06:01.920 I can look at the weather because I'm you know, 1:06:01.960 --> 1:06:04.560 I'm a d d AF and I need those things 1:06:04.600 --> 1:06:07.680 document by time and so I can. Oh, I got 1:06:07.720 --> 1:06:11.040 text I'm looking at it right now. And we also 1:06:11.080 --> 1:06:12.880 have these with the Aura rings. You put the ring on, 1:06:12.960 --> 1:06:14.880 it tracks your sleep. And we have fitbits. We have 1:06:14.960 --> 1:06:17.480 all these devices. Say what is the one thing we 1:06:17.560 --> 1:06:19.360 don't track on you? I mean, think about it. You 1:06:19.440 --> 1:06:22.040 can track everything. You can track your steps, I can 1:06:22.120 --> 1:06:25.680 track my sleep, I could trap my exercise. It tells 1:06:25.720 --> 1:06:28.080 me where I am in the world. It's got GPS 1:06:28.080 --> 1:06:30.800 locator on it. I get my messages, I get the 1:06:30.800 --> 1:06:32.440 way I get all this stuff coming at me. What 1:06:32.520 --> 1:06:34.480 is the one tool that is What is the one 1:06:34.520 --> 1:06:36.320 thing on our bodies? He say, is not measured how 1:06:36.360 --> 1:06:39.520 the new Apple watches by the way, uh ekg it 1:06:39.560 --> 1:06:43.120 tells you if you're going to the v fib. I mean, 1:06:43.280 --> 1:06:45.800 it's like having it's like having a doctor following you 1:06:45.800 --> 1:06:49.040 are on on your ears. Like every possible metric with 1:06:49.200 --> 1:06:53.280 your health is now measured. Exercise steps, vertical, I'm going 1:06:53.360 --> 1:06:55.480 under the ocean over the you all these things? How 1:06:55.480 --> 1:06:56.400 fast am I walking? 1:06:57.480 --> 1:06:59.200 You know? The one thing that isn't measured. 1:07:01.000 --> 1:07:08.400 Farting? Your watch? Your fitbit cannot measure how much gas 1:07:08.520 --> 1:07:15.280 you produce. Until now, the University of Maryland has developed 1:07:15.280 --> 1:07:19.640 a wearable sensor dubbed the Fitbit for Farts that monitors 1:07:19.840 --> 1:07:24.960 flatulence in real time. And you're going, how does it 1:07:25.040 --> 1:07:27.520 do that on your wrist? Well, it's not on your wrist? 1:07:27.960 --> 1:07:28.440 Wait what. 1:07:30.160 --> 1:07:30.400 So? 1:07:30.560 --> 1:07:33.560 The device itself is about the size of a stack. 1:07:33.760 --> 1:07:40.240 It looks like three nickels, and it detects hydrogen emissions 1:07:41.560 --> 1:07:47.320 from your butt and it sits outside your underwear. I'm 1:07:47.320 --> 1:07:49.960 not sure if there's like a special strap, if it's 1:07:49.960 --> 1:07:52.640 a clip on, it's a plug. I'm not quite sure 1:07:52.640 --> 1:07:55.640 if it's a butt muffler. How this works. I only 1:07:55.680 --> 1:07:59.080 see I'm only looking at an aerial view here. And 1:07:59.120 --> 1:08:00.600 you have to you have to. 1:08:00.560 --> 1:08:06.880 Recharge it every I'm making this up. No, it's true. 1:08:06.120 --> 1:08:09.600 You're recharge it every twenty four hours. 1:08:09.960 --> 1:08:11.480 And that, by the way, is a charge. And I 1:08:11.520 --> 1:08:13.920 hope to guy like, oh, yeah, it's a qug. You 1:08:13.960 --> 1:08:16.400 just put some magnetic thing. I hope it has a 1:08:16.439 --> 1:08:22.400 separate charging cord or dock that no other device can 1:08:22.439 --> 1:08:24.559 fit into, because I don't want to be hey, man, 1:08:24.600 --> 1:08:25.799 can I charge my phone? 1:08:26.200 --> 1:08:26.400 Yeah? 1:08:26.479 --> 1:08:28.400 Here, Well what's this from? 1:08:28.680 --> 1:08:32.360 Well, it's that thing I put my butt, So you 1:08:32.360 --> 1:08:34.640 don't want to be confused and put your phone on 1:08:34.720 --> 1:08:38.360 that same charge. Just hope it's like a different shape charger. 1:08:38.400 --> 1:08:39.960 We need a new port. That's they call it a 1:08:40.040 --> 1:08:42.800 port for your port. It is called the Human Flatuless. 1:08:42.880 --> 1:08:46.720 Atlas is what this app is, and it studies. Uh 1:08:46.760 --> 1:08:48.679 they're doing a study right now looking at They're sending 1:08:48.720 --> 1:08:53.080 out eight hundred devices to people nationwide, so there's already 1:08:53.080 --> 1:08:55.040 four thousand people applied. The wait list is long for 1:08:55.120 --> 1:08:58.439 this thing because researchers say forty percent of US adults 1:08:58.439 --> 1:09:01.800 suffer regular digestive issue choose and fiber rich diets, which 1:09:01.800 --> 1:09:03.559 are key to gut health, as you know, often get 1:09:03.560 --> 1:09:06.800 a banded due to gas and bloating. So they are 1:09:06.800 --> 1:09:12.120 looking for people who are next level farts. One person 1:09:12.160 --> 1:09:15.320 who's in the study and they use this device and 1:09:15.360 --> 1:09:19.000 found that they pass gas. How many times you think 1:09:19.240 --> 1:09:21.960 it's got to be like a world record one person? 1:09:22.040 --> 1:09:26.880 The lowest one is only four times. Another person one 1:09:26.960 --> 1:09:33.040 hundred seventy five a day. That's like a full time job. 1:09:33.880 --> 1:09:37.040 One hundred and seventy five times a day. 1:09:37.200 --> 1:09:38.639 You out of you had to be in a Hospital's 1:09:38.640 --> 1:09:39.160 who I be? 1:09:40.880 --> 1:09:44.800 Before field testing, the sensor is calibrated using an artificial butt, 1:09:45.040 --> 1:09:48.040 a lab butt, a mannequin attached a gas cannon to 1:09:48.080 --> 1:09:51.240 simulate fletceleance. On command, the top three percent of gas 1:09:51.240 --> 1:09:55.320 producers will get their gut microme microbiome sequence and receive 1:09:55.360 --> 1:09:59.400 a plaque declaring them prodigious hydrogen producer. Now that let 1:09:59.400 --> 1:10:01.679 me tell you something. You may have some stupid golf 1:10:01.720 --> 1:10:05.120 you I finished third in my flight at the country club. 1:10:05.200 --> 1:10:07.439 Uh, I want to try. I want to try. 1:10:07.479 --> 1:10:10.920 I got a participation ribbon for the Tough Mutter. I 1:10:11.040 --> 1:10:13.439 want to I got a World Series, I got a 1:10:13.479 --> 1:10:17.840 Stanley Cup. I want an Olympic gold medal. I don't 1:10:17.840 --> 1:10:21.439 care about all that. You want, you need, you desire, 1:10:21.800 --> 1:10:27.519 you crave, you covet the prodigious hydrogen producer plaque. That's 1:10:27.560 --> 1:10:30.960 what you want. That is the ultimate goal right there. 1:10:31.320 --> 1:10:33.200 So anyway, they want to get these devices out there, 1:10:33.200 --> 1:10:35.760 and they want to develop treatments, maybe a pill for 1:10:35.960 --> 1:10:38.479 people suffering from chronic gas and bloating. You see those 1:10:38.520 --> 1:10:41.160 wacky you know, drug comerciant tving Ai and Blownding. I 1:10:41.160 --> 1:10:43.400 gotta take this product over the counter. I'm blound it, 1:10:43.520 --> 1:10:45.920 I feel bad. Which you need is one of these 1:10:45.920 --> 1:10:50.519 button mufflers. Again, this is the University of Maryland. I 1:10:50.560 --> 1:10:52.160 don't have a phone number few to call it, and 1:10:52.160 --> 1:10:53.800 I have a website. I don't even have an email here. 1:10:54.280 --> 1:10:57.960 But they are developing a wearable censor, the fitbit for 1:10:58.080 --> 1:11:02.920 farts that moderns flatulence in real time. Count me in 1:11:02.960 --> 1:11:05.760 because my wife say, yes, absolutely, you should be that 1:11:05.840 --> 1:11:09.040 you should definitely be doing the clinical trials for this Scott. 1:11:09.080 --> 1:11:12.479 You absolutely, Sue, I'm quite proud of that actually, and 1:11:12.640 --> 1:11:13.040 so one hero. 1:11:13.200 --> 1:11:13.559 We don't have. 1:11:13.600 --> 1:11:17.000 We measure every other metric with our bodies, fitness apps. 1:11:17.040 --> 1:11:18.600 You know some of these people are insane. Oh, I 1:11:18.640 --> 1:11:22.280 have shave of CREMANI here on Thursday, fitness doctor and 1:11:22.320 --> 1:11:24.320 he's got a guy one percent body fat, but he 1:11:24.479 --> 1:11:27.400 is one percent, and he's treating his body like a 1:11:27.479 --> 1:11:29.559 human laboratory, seeing how low he can get his body 1:11:29.560 --> 1:11:32.080 fat percentage, how riptiking, how bulked up he can get. 1:11:32.600 --> 1:11:35.280 We measure all that stuff all the time, and we're 1:11:35.320 --> 1:11:38.280 inundated with products. No one has addressed the issue other 1:11:38.360 --> 1:11:41.640 than a I don't know, over the counter remedy for 1:11:41.760 --> 1:11:42.679 your gas and bloating. 1:11:42.760 --> 1:11:44.040 It is here, take this tablet. 1:11:44.439 --> 1:11:46.080 But you know if you have to take one of 1:11:46.080 --> 1:11:47.320 those a day, or a couple of those a day, 1:11:47.320 --> 1:11:48.920 you're like, something else is going on here. 1:11:49.040 --> 1:11:51.200 This could be the first say this is here. Don't laugh. 1:11:51.240 --> 1:11:56.439 This is serious scientific research. This is serious, very very 1:11:56.560 --> 1:12:02.320 very serious. The very last bastion of measurement on our body, 1:12:02.439 --> 1:12:03.799 measuring your farts. 1:12:04.080 --> 1:12:07.200 Here's the thing. A few years ago they came out 1:12:07.240 --> 1:12:11.080 with home breathalyzers, and have you seen this that are 1:12:11.080 --> 1:12:12.560 like one hundred bucks are probably in cheaper now I 1:12:12.560 --> 1:12:16.080 get on Amazon for probably like five bucks, and it's 1:12:16.120 --> 1:12:17.720 a portable breath lay. You take it within. So if 1:12:17.720 --> 1:12:19.160 you're out and you're having a good time, I'm like, 1:12:19.160 --> 1:12:21.559 why I am I good enough to drive? You're good enough? 1:12:21.640 --> 1:12:24.479 You're asking that question? You probably you probably aren't, but 1:12:24.760 --> 1:12:26.240 so you're blow in the tube. It's're it that way. 1:12:26.240 --> 1:12:28.000 It's like, oh, okay, I know that I'm am I 1:12:28.040 --> 1:12:30.280 close to or over the legal limit. I don't recommend 1:12:30.320 --> 1:12:31.640 it because they'll still know you if you're under the 1:12:31.680 --> 1:12:34.040 legal limit. That's a different topic entirely. But oh I 1:12:34.080 --> 1:12:35.960 got that. I got that same information they have in 1:12:35.960 --> 1:12:40.760 the top palm of our hands. Now what happens is 1:12:40.800 --> 1:12:44.240 you get these devices, then you go here, hold my beer. 1:12:44.280 --> 1:12:46.160 I can get a higher score than you, because I've 1:12:46.200 --> 1:12:47.760 heard that, Like people buy these things and bring them 1:12:47.760 --> 1:12:50.080 a bar and then everyone's blowing into this thing, and 1:12:50.160 --> 1:12:52.120 everyone wants to see if they're drunker than the next guy. 1:12:52.200 --> 1:12:54.080 Try to set some sort of like you know, that's 1:12:54.080 --> 1:12:56.400 not what it's forced to make sure you're okay. It 1:12:56.400 --> 1:12:58.519 makes sure you're not over the legal limit. It's not 1:12:58.600 --> 1:13:01.200 to try and get a high score. This isn't King's Island, 1:13:01.640 --> 1:13:05.040 this isn't pop a shot. What do you I guarantee 1:13:05.080 --> 1:13:08.200 you this product comes out, people buy them and then 1:13:08.240 --> 1:13:10.840 have farting contest like we've always had, guys. We've always 1:13:10.880 --> 1:13:12.840 done farting contest, ladies. And if you knew that or not, 1:13:13.120 --> 1:13:16.559 or lighting farts whatever, very beaves and budhead, I understand it. 1:13:17.160 --> 1:13:19.120 But what's gonna happen is people are gonna get this 1:13:19.120 --> 1:13:22.160 thing and go You're only farting one hundred and seventy 1:13:22.520 --> 1:13:25.880 one hundred and seventy five times a day here, old 1:13:25.880 --> 1:13:28.559 midel design. You watch this, and then people will try 1:13:28.600 --> 1:13:30.960 to eat more stuff, and eventually it's going to turn 1:13:31.040 --> 1:13:35.599 into like a different version of the Fourth of July 1:13:36.560 --> 1:13:39.920 hot dog eating contest at Coney Island, you know, the 1:13:40.000 --> 1:13:42.759 Nathan's hot Dog. How many can you how many? Okay, 1:13:42.800 --> 1:13:44.519 here you go in ten minutes, how much can you fart? 1:13:44.560 --> 1:13:46.200 That's what's gonna happen. It's gonna be sponsored by that. 1:13:46.240 --> 1:13:48.960 I'm telling you because we're Americans, and especially American men. 1:13:48.960 --> 1:13:49.519 This is what we do. 1:13:49.560 --> 1:13:52.080 We take something like this designed to help the human 1:13:52.120 --> 1:13:55.280 condition and we exploit it. 1:13:54.560 --> 1:13:55.240 Into a game. 1:13:55.479 --> 1:13:59.760 It becomes a game show sloany seven hundred wobody since 1:13:59.760 --> 1:14:00.400 anat do. 1:14:00.320 --> 1:14:01.800 You want to be in Amernican? 1:14:03.280 --> 1:14:04.960 He's got a flow show on the big one seven 1:14:05.040 --> 1:14:09.519 hundred W LW. So parents and grandparents lived longer, and 1:14:09.760 --> 1:14:12.080 one of the biggest challenges we face as kids and 1:14:12.120 --> 1:14:15.679 grandkids is protecting them from abuse. And if they're around 1:14:15.760 --> 1:14:17.640 us on a daily basis, it's much easier. But how 1:14:17.680 --> 1:14:20.000 do you do that when the people who you entrust 1:14:20.040 --> 1:14:22.879 to care for their daily needs are the ones doing 1:14:23.120 --> 1:14:26.640 the abuse. For example, today, there's a story out just 1:14:26.640 --> 1:14:28.759 a couple of days old here former nursing home employee 1:14:28.760 --> 1:14:31.719 in Goshen Charge was stealing more than three hundred thousand 1:14:31.720 --> 1:14:34.200 dollars from residence under her care over a number of years. 1:14:34.240 --> 1:14:37.120 Then there's also this may have seen this story recently. 1:14:37.200 --> 1:14:40.360 Eighty four year old Robert Meyer was I think living 1:14:40.360 --> 1:14:42.920 for a couple months at Forest Hills Healthcare Center. He 1:14:42.960 --> 1:14:45.960 has then transferred because he's dying, to the Margaret Thomas 1:14:46.560 --> 1:14:49.120 Hospice of Solving Blue Ash and then he dies and 1:14:49.160 --> 1:14:53.639 he's buried. He was later exhumed by the coroner because 1:14:53.800 --> 1:14:58.479 an investigation proved he was murdered and upon examination of 1:14:58.479 --> 1:15:01.840 the body, the cause of death as a homicide from 1:15:01.880 --> 1:15:06.439 physical elder abuse. It is an incredible story. Jeffrey Heller 1:15:07.080 --> 1:15:10.479 is an attorney with Nuremberg, Paris, Helen McCarthy and Cleveland. Jeffrey, 1:15:10.479 --> 1:15:11.040 Welcome to the show. 1:15:11.040 --> 1:15:11.400 How are you. 1:15:12.680 --> 1:15:14.920 I'm doing well, good morning, Thanks so much for having me. 1:15:15.040 --> 1:15:17.479 Yeah, that's the narrative there, and it's it's it's almost 1:15:17.479 --> 1:15:20.200 like a dateline kind of case. You know, it's something 1:15:20.240 --> 1:15:23.320 you'd watch on NBC. I don't make light of it. 1:15:23.360 --> 1:15:27.439 But wait, he died and then they how the hell 1:15:27.479 --> 1:15:30.200 does that happen that they bury the man and then 1:15:30.240 --> 1:15:34.080 exhumed the body because of an investigation and it's determined 1:15:34.120 --> 1:15:36.240 that he was well, he was murdered in that case, 1:15:36.240 --> 1:15:39.600 and you also have to understand wonder who saw the 1:15:39.600 --> 1:15:41.720 body and allowed that to occur. So walk us through 1:15:41.760 --> 1:15:44.080 the timeline here. I know it was his daughter who 1:15:44.120 --> 1:15:47.040 first noticed the strangulation marks, the ligature marks around his neck. 1:15:47.320 --> 1:15:49.479 And what kind of responses does she get from each 1:15:49.520 --> 1:15:54.280 facility because his custody care was transfers that there's a chain, 1:15:54.360 --> 1:15:56.519 it's not just one place it's at least a couple. 1:15:56.600 --> 1:15:59.120 Can you take me through that? 1:15:59.120 --> 1:16:01.800 That's right. This is one of the most wild stories 1:16:02.080 --> 1:16:04.840 I've ever seen her been involved with, and I've been 1:16:04.840 --> 1:16:09.640 doing this virtually my entire career. But mister Meyer was 1:16:09.680 --> 1:16:13.280 eighty four years old, he had three children, four grandchildren. 1:16:13.680 --> 1:16:16.719 He had three brothers, several of them lived in the area. 1:16:17.520 --> 1:16:21.840 He gets admitted to Forest Hills Health Care Centers in 1:16:21.960 --> 1:16:26.439 Cincinnati in July of twenty twenty five because he's eighty 1:16:26.520 --> 1:16:30.640 four and he has some health conditions that prevent him 1:16:30.640 --> 1:16:36.200 from living alone, which he was doing, and in about 1:16:36.200 --> 1:16:42.840 two months into his stay, he starts complaining of being hurt. 1:16:43.160 --> 1:16:45.080 Now keep in mind he's eighty four years old. His 1:16:45.160 --> 1:16:48.960 communication isn't great, but he actually calls nine to one 1:16:49.160 --> 1:16:53.240 one from the facility because of how he was feeling, 1:16:54.200 --> 1:17:00.559 and in fact, he's sent to a hospital in July 1:17:01.120 --> 1:17:05.880 August time frame. Nothing is found at that point in time, 1:17:05.960 --> 1:17:09.439 so he sent back to this Forest Hills Healthcare and 1:17:09.520 --> 1:17:15.559 in early September he starts exhibiting signs of trauma to 1:17:15.680 --> 1:17:20.599 his neck and actually his body, but mostly his neck. 1:17:20.760 --> 1:17:25.920 And his daughter, obviously, who visits him regularly, saw these 1:17:25.960 --> 1:17:32.960 marks started telling staff something's wrong, and their response was, 1:17:33.200 --> 1:17:37.400 this is normal. This is what happens as you're older 1:17:38.040 --> 1:17:38.679 and dying. 1:17:39.439 --> 1:17:39.639 Wow. 1:17:40.240 --> 1:17:45.600 And so she smartly documents this and takes photographs. But 1:17:45.960 --> 1:17:49.920 exactly as you said, he's then transferred out of the 1:17:50.080 --> 1:17:53.320 nursing home into a hospice center, where he dies within 1:17:53.360 --> 1:17:56.840 a couple of days. Now keep in mind, and it's 1:17:56.880 --> 1:18:03.720 really important, nurses and doctors in Ohio must this is 1:18:03.760 --> 1:18:07.920 an optional. They must notify the corner if there are 1:18:08.000 --> 1:18:12.759 signs of physical abuse or criminal activity related to someone 1:18:12.840 --> 1:18:18.280 passing away. So this poor man had evidence of that 1:18:18.479 --> 1:18:21.599 at the nursing home. Then he goes to hospice where 1:18:21.640 --> 1:18:25.120 there's obviously a hospice doctor overseeing all the patients there, 1:18:25.960 --> 1:18:29.800 and then he ultimately passes and is sent to a 1:18:29.840 --> 1:18:34.000 funeral home. And at this point his daughter is she 1:18:34.080 --> 1:18:36.799 doesn't know what else to do. She keeps being told 1:18:36.800 --> 1:18:39.760 that this is normal, and they you know this, These 1:18:39.760 --> 1:18:45.799 are these are people you know, with with medically speaking, 1:18:45.920 --> 1:18:48.400 a lot of power. There's a there's a big power 1:18:48.439 --> 1:18:54.599 disparity between these facilities and patients, especially patients like Robert 1:18:54.680 --> 1:18:57.080 Meyer and and you know, really his daughter who have 1:18:57.160 --> 1:19:01.200 no medical training whatsoever, and she is being told repeatedly 1:19:01.320 --> 1:19:04.880 this is normal. Unfortunately, your father is sick and he's dying. 1:19:06.320 --> 1:19:08.400 He said, you mentioned it, called nine to one number 1:19:08.400 --> 1:19:10.320 of times. What was the police report? Did they not 1:19:10.400 --> 1:19:12.400 see the strangulation the ligature marks. 1:19:12.320 --> 1:19:12.760 On his neck? 1:19:14.360 --> 1:19:19.519 So when he he was able to get transferred to 1:19:19.920 --> 1:19:26.280 the hospital without police involvement. So he's taken and this 1:19:26.439 --> 1:19:30.800 is what we believe is before there's any bruising to 1:19:30.840 --> 1:19:34.479 his neck. So one of the things that the police 1:19:34.479 --> 1:19:37.559 are doing right now is investigating. You know how early 1:19:37.680 --> 1:19:42.440 this happened. We know that the because we have photographic 1:19:42.560 --> 1:19:45.080 evidence of this. We know that the bruising appeared on 1:19:45.200 --> 1:19:49.479 his neck much closer to death. So we're talking early 1:19:49.640 --> 1:19:56.720 September is really when the real serious evidence presented. He 1:19:56.760 --> 1:19:58.920 had been calling, he had called nine one one and 1:19:58.960 --> 1:20:02.040 been transferred to the ho hospital before that. We don't 1:20:02.080 --> 1:20:06.160 know exactly how much prior to September early September that 1:20:06.160 --> 1:20:09.760 that happened, but he was seen at the hospital. The 1:20:10.200 --> 1:20:14.000 neck bruising was not there. And I don't want to 1:20:14.240 --> 1:20:18.439 make assumptions about the ability to find certain types of 1:20:18.439 --> 1:20:23.680 injuries even on X ray, but long story short, he 1:20:23.840 --> 1:20:29.320 was returned back to the facility after, you know, from 1:20:29.320 --> 1:20:29.919 the hospital. 1:20:30.040 --> 1:20:32.880 Yeah, Jeffrey Heller's here is an attorney in Cleveland, and 1:20:32.920 --> 1:20:35.920 he's representing the estate of a man who was well 1:20:35.920 --> 1:20:38.839 only thought he had died of what they called protein 1:20:38.920 --> 1:20:42.720 deficient malnutrition, which happens in elderly patients. He was in hospice, 1:20:43.240 --> 1:20:45.000 but because of the persistence of the daughter and the 1:20:45.040 --> 1:20:47.840 family in particular, they exhumed his body and found out 1:20:47.880 --> 1:20:49.960 that he was murdered by the same people who are 1:20:50.040 --> 1:20:53.120 entrusted to care for him right here in Cincinnati, namely 1:20:53.160 --> 1:20:57.240 Forest Hill's Healthcare Center and then the Margaret Thomas Hospice 1:20:57.240 --> 1:21:01.240 of Facility and Blue Ash. The assault allegedly occurred over 1:21:01.280 --> 1:21:02.840 what a ten day period, I believe is what the 1:21:03.000 --> 1:21:06.080 brief said. Does the evidence suggest a single incident, this 1:21:06.120 --> 1:21:06.920 is ongoing abuse? 1:21:06.960 --> 1:21:10.880 Then well, the strength, I mean, what we're referring to 1:21:10.960 --> 1:21:15.240 as strangulation marks a really significant. Yeah. But we we 1:21:16.760 --> 1:21:19.439 at least at this point in time, we can't say 1:21:19.479 --> 1:21:22.000 whether it was one incident or multiple incidents, but we 1:21:22.080 --> 1:21:26.640 do know that he was complaining of being hurt at 1:21:26.720 --> 1:21:29.839 least several weeks before the marks appeared. 1:21:30.000 --> 1:21:30.200 Yeah. 1:21:30.240 --> 1:21:32.559 And the hard part about that for investigators, and I'm 1:21:32.600 --> 1:21:34.760 sure this this comes out too, is that you know, 1:21:35.040 --> 1:21:38.120 sometimes an elderly patient, especially ones in the later stages 1:21:38.160 --> 1:21:40.639 of life, will complain about things and because of drugs, 1:21:40.640 --> 1:21:43.120 because of your condition, and you can write that up 1:21:43.160 --> 1:21:45.720 as well, you know, drug induced or late stage life 1:21:45.720 --> 1:21:48.840 induced hallucinations. You know, my mom went through something like 1:21:48.880 --> 1:21:50.960 that when she was dying of cancer. I thought that 1:21:51.000 --> 1:21:53.120 the nurses were there and the one had green laser 1:21:53.160 --> 1:21:55.160 eyes were coming in to hurt her. And I thought, well, Mom, 1:21:55.360 --> 1:21:57.280 no one has laser eyes. But you know, you hear 1:21:57.320 --> 1:21:59.800 that enough and then there's confirmation bias there. So that 1:21:59.840 --> 1:22:01.840 may be a factor. It doesn't excuse this, but it 1:22:01.880 --> 1:22:04.320 may put into context what's going on here. But you know, 1:22:04.680 --> 1:22:07.680 when you look at those people who are entrusted with 1:22:07.680 --> 1:22:10.439 his care. You got a nursing home, you got hospice facility, 1:22:10.439 --> 1:22:13.479 you have a funeral home. How many people saw mister 1:22:13.600 --> 1:22:18.040 Meyer in that state and how many people did he 1:22:18.120 --> 1:22:20.479 have to see and how many people fail to act here? 1:22:21.560 --> 1:22:25.080 Unfortunately all of them. I mean, we have photos with 1:22:25.240 --> 1:22:28.160 timestamps on them that are from when he was at 1:22:28.160 --> 1:22:30.080 the nursing home, when he was at hospice, and then 1:22:30.080 --> 1:22:33.599 when he died, So all three of those facilities were aware. 1:22:33.880 --> 1:22:36.960 They all have a duty under ohiolat to notify the 1:22:37.000 --> 1:22:41.320 corner to have an autopsy performed or at least a 1:22:41.360 --> 1:22:44.400 gross examination. And Scott, you hit the nail on the 1:22:44.439 --> 1:22:50.960 head is the police were provided these photographs after he 1:22:51.040 --> 1:22:56.000 had already been buried by the funeral home. At that point, 1:22:56.439 --> 1:23:00.680 obviously they're well behind the eight ball in doing an investigation. 1:23:01.200 --> 1:23:04.360 And so that's part of the reason why these facilities 1:23:04.600 --> 1:23:09.439 are required by law to notify authorities, because what happens 1:23:09.479 --> 1:23:14.439 in that time frame between him being buried, being dug up, 1:23:14.840 --> 1:23:20.400 the autopsy being corrected, and then an investigation beginning, I mean, 1:23:20.439 --> 1:23:26.559 God forbid, someone who did this is still out there, right. 1:23:26.600 --> 1:23:29.840 And that's the point, Jeffrey, is what's the status I'm 1:23:29.840 --> 1:23:32.080 guessing hamilin kind of shriffes involved here, what's the status 1:23:32.120 --> 1:23:34.680 of that investigation? Do they have suspects or are there 1:23:34.760 --> 1:23:35.719 people under scrutiny? 1:23:35.760 --> 1:23:36.120 Do we know. 1:23:37.360 --> 1:23:42.320 They're diligently pursuing this case. We are in constant contact 1:23:42.400 --> 1:23:45.479 with them. They're doing everything that they possibly can, and 1:23:45.120 --> 1:23:50.240 we really appreciate everything that they're doing, obviously, but after 1:23:50.280 --> 1:23:54.360 something like this happens, there's obviously not a big tendency 1:23:54.400 --> 1:23:57.360 to be forthcoming with the police. I mean, this is 1:23:57.400 --> 1:24:01.400 clearly a criminal investigation. I mean, truthfully, any suspect his 1:24:01.600 --> 1:24:07.000 a right to remain silent, and obviously the nursing facility, 1:24:07.160 --> 1:24:09.880 you know, we assume, is doing their own investigation and 1:24:09.920 --> 1:24:13.800 they want to complete that before they're going to disclose things. 1:24:13.880 --> 1:24:16.040 Yeah, this is is going to be adjudicated in court. 1:24:16.120 --> 1:24:17.800 So yeah, the lawyers are talking to the lawyers, whose 1:24:17.880 --> 1:24:20.960 lawyers are talking to our lawyers. I get that, and 1:24:21.320 --> 1:24:24.120 that's how the world works here in America. I gets 1:24:24.160 --> 1:24:26.800 The obvious question for those of us here in the 1:24:27.160 --> 1:24:29.679 cheap seats is how does a hospice doctor, because somebody 1:24:29.680 --> 1:24:32.040 has to sign that that certificate, how do they miss. 1:24:31.840 --> 1:24:36.960 That it's signed by We know who the doctor is. 1:24:37.520 --> 1:24:42.960 And absolutely that's essentially the last line of defense for 1:24:43.040 --> 1:24:46.240 this family. I mean, that's the last person who should 1:24:46.280 --> 1:24:49.519 have reported this, and we're looking forward to speaking with 1:24:49.600 --> 1:24:53.080 them and figuring out why he made the decisions that 1:24:53.120 --> 1:24:57.280 he made. I mean, without a doubt, the evidence is clear, 1:24:57.720 --> 1:25:02.280 and at worst, you notify the corner, an autopsy is 1:25:02.320 --> 1:25:06.280 done and no foul play is determined, Yeah, or foul 1:25:06.360 --> 1:25:09.479 plays ruled out completely. So there's really no excuse for 1:25:09.520 --> 1:25:14.679 not contacting the corner. And he's just one of several 1:25:14.920 --> 1:25:18.479 doctors and nurses are obligated as well, So he's just 1:25:18.479 --> 1:25:21.559 one of several doctors and nurses and saw mister Meyer 1:25:21.600 --> 1:25:21.720 and that. 1:25:21.960 --> 1:25:23.559 And here he is. 1:25:23.560 --> 1:25:26.439 He's eighty four years, end of life and he's going 1:25:26.479 --> 1:25:29.000 through you know, he knows he's probably not getting out 1:25:29.040 --> 1:25:33.080 healthcare center. They transferred to h to hospice, and hospits 1:25:33.120 --> 1:25:34.960 only have a one way door. They don't have an exit. 1:25:35.000 --> 1:25:36.720 They have an entrance and that's it. There's only one 1:25:36.760 --> 1:25:38.320 way out, and you kind of know that's coming. 1:25:38.720 --> 1:25:38.920 Uh. 1:25:39.200 --> 1:25:42.200 And and I guess to be treated and dismissing this 1:25:42.280 --> 1:25:43.920 fashion is extremely disturbing. 1:25:44.600 --> 1:25:44.840 Uh. 1:25:44.920 --> 1:25:47.479 And the investigation will continue, hopefully justice will come out 1:25:47.520 --> 1:25:51.960 for the family. In your research, Jeffrey, and you're a lawyer, 1:25:52.000 --> 1:25:54.880 you're not a doctor or a physician. How unusual is 1:25:54.920 --> 1:25:57.000 it for a body to being zoomed based on well 1:25:57.080 --> 1:25:59.280 family photographs? And what does that tell us about the 1:25:59.280 --> 1:26:00.000 strength of evidence? 1:26:01.400 --> 1:26:03.240 I mean, this, this is the first time in my 1:26:03.320 --> 1:26:05.960 law firms one hundred year history that this has happened. 1:26:06.240 --> 1:26:08.760 So none of us have ever seen it happen. None 1:26:08.760 --> 1:26:11.479 of our colleagues, year after year, I've ever seen this happen. 1:26:12.160 --> 1:26:15.280 This is incredibly unusual. But it speaks to how serious 1:26:15.320 --> 1:26:19.000 this is and how concerned really the authorities are about 1:26:19.040 --> 1:26:22.080 what happened and making sure that they find out what happened, 1:26:22.120 --> 1:26:25.880 and like we were talking about before, prevent this from 1:26:25.920 --> 1:26:29.080 happening to someone else. But this is this is incredibly 1:26:29.160 --> 1:26:32.240 unusual and really does not happen. 1:26:32.360 --> 1:26:35.639 Yeah, yeah, Chris, what's a specific legal standard in Ohio 1:26:35.640 --> 1:26:38.080 it's required for these facilities to report these things to 1:26:38.120 --> 1:26:40.720 the corner Because you it sounds like you believe that 1:26:40.760 --> 1:26:43.560 there was a cover up here. 1:26:43.320 --> 1:26:46.960 There's a there's a law. You know, not many things 1:26:47.000 --> 1:26:49.599 are black and white, but in Ohio, there's a law 1:26:49.680 --> 1:26:57.280 that specifically obligates doctors and nurses for multiple reasons. I mean, 1:26:57.520 --> 1:27:00.479 I'm just giving you this specific as to this case. 1:27:00.520 --> 1:27:03.320 I mean, obviously, cases involving children are high up on 1:27:03.360 --> 1:27:09.280 the list of mandatory reporting to corners, but in this situation, 1:27:09.479 --> 1:27:14.080 doctors and nurses shell there, meaning there's no sns or 1:27:14.120 --> 1:27:17.639 butts about it. They shall notify the corner if there's 1:27:17.640 --> 1:27:23.200 signs of abuse or its completely separate criminal activity, and 1:27:23.280 --> 1:27:27.000 here we have both of those. So there are very 1:27:27.040 --> 1:27:30.439 few laws that are as direct as this law is 1:27:30.640 --> 1:27:33.799 regarding the obligations of doctors and nurses to notify the corner. 1:27:33.920 --> 1:27:34.760 Yeah. 1:27:34.880 --> 1:27:38.160 And it's telling too because the initial dust certificate will 1:27:38.400 --> 1:27:41.639 was listed as protein cavalie mal Let me try that again, 1:27:41.840 --> 1:27:44.840 protein cavalie malnutrition, which basically means you know, you're not 1:27:44.840 --> 1:27:46.880 getting the food in. That's very very common at end 1:27:46.880 --> 1:27:50.439 of life, just not beating. But yet upon the body 1:27:50.479 --> 1:27:53.040 being exhumed and the investigation shows, well, that wasn't the 1:27:53.080 --> 1:27:56.360 cause of death. It was physical elder abuse and a 1:27:56.439 --> 1:27:58.400 contributing factor was deaf by strangulation. 1:27:58.520 --> 1:28:01.920 That that's murder. Yep. 1:28:02.120 --> 1:28:06.960 The death certificate clearly says this is a homicide that's 1:28:07.000 --> 1:28:08.959 at the hands of another human being. 1:28:09.080 --> 1:28:11.200 And now we've got to find the person or persons 1:28:11.280 --> 1:28:16.080 responsible here. You, obviously, Jeff, are handling the civil litigation here. 1:28:16.120 --> 1:28:18.720 But what what criminal charges could potentially be filed here 1:28:18.760 --> 1:28:19.920 outside of homicide. 1:28:21.400 --> 1:28:25.160 Well there, I mean, there's a variety of charges within 1:28:26.680 --> 1:28:35.880 the homicide umbrella, including manslaughter, voluntary, involuntary and obviously aggravated murder. 1:28:35.960 --> 1:28:40.800 If this was pretty calculated, and you know, we rely 1:28:40.880 --> 1:28:45.439 on the police to do their investigation identify suspects. Generally, 1:28:45.479 --> 1:28:47.920 the process is to seek an indictment from a grand 1:28:48.000 --> 1:28:50.760 jury at that point, so the police will collect all 1:28:50.760 --> 1:28:53.240 the evidence that they have presented to the grand jury. 1:28:54.360 --> 1:28:59.040 The grand jury will be tasked with indicting the correct charges, 1:28:59.080 --> 1:29:01.000 but they will be on or under that. 1:29:02.000 --> 1:29:05.600 In addition to the healthcare center and the hospice facility, 1:29:05.640 --> 1:29:09.120 you also named a funeral home in this suit as well. 1:29:09.120 --> 1:29:15.920 Why well, I mean, there's a variety of harm that 1:29:16.040 --> 1:29:20.759 was caused to this family, to all them. We firmly 1:29:20.760 --> 1:29:25.519 believe that a funeral home, seeing a patient in the 1:29:25.520 --> 1:29:31.879 condition that mister Meyer was in, understands that burying someone 1:29:32.360 --> 1:29:37.879 without proper investigation is incredibly serious. His family has endured 1:29:37.960 --> 1:29:43.040 significant trauma because of what happened. The funeral home is 1:29:43.080 --> 1:29:47.040 not necessarily a healthcare provider. That's that's something that we 1:29:47.120 --> 1:29:51.559 will flesh out in a lawsuit. But it changes the 1:29:51.640 --> 1:29:54.639 possible remedies against a facility like that. 1:29:54.960 --> 1:29:58.160 Interesting, Yeah, because because I mean, in my mind Jeffrey 1:29:58.200 --> 1:30:01.479 and Plan. An armchair lawyer here, it's like, Okay, well 1:30:01.560 --> 1:30:04.080 they have the they have the person after they've they're deceased. 1:30:04.360 --> 1:30:06.840 Do they have access to the medical record cause death? 1:30:06.840 --> 1:30:09.559 Do they They're not investigating, They're just you know, getting 1:30:09.560 --> 1:30:13.360 the body prepared for burial and in viewing. So do 1:30:13.439 --> 1:30:15.559 they even have a hand in going, well, well, they're 1:30:15.560 --> 1:30:16.439 strangulation mark. 1:30:16.640 --> 1:30:19.160 Do they know how he died? Does that even factor in? 1:30:20.520 --> 1:30:25.360 Well, again, the photographs were evident to them as well. 1:30:25.520 --> 1:30:26.320 Sure, and. 1:30:28.360 --> 1:30:33.559 Whether the statute requiring certain providers to notify the corner, 1:30:34.479 --> 1:30:37.840 whether that applies to them is something that will have 1:30:37.920 --> 1:30:40.360 to be flushed out. But at a minimum, in the 1:30:40.400 --> 1:30:43.799 business of taking care of, you know, the end stage 1:30:43.800 --> 1:30:47.920 of life for individuals, and seeing that they're taking care 1:30:47.960 --> 1:30:50.799 of respectfully and with dignity, you would think it's incumbent 1:30:50.840 --> 1:30:53.840 on them to at least ask a question, maybe yeah, 1:30:54.280 --> 1:30:58.000 as to whether this has been investigated and ruled out 1:30:58.240 --> 1:30:58.760 or ruled in. 1:30:59.120 --> 1:31:02.599 So here's eighty for a Robert Meyer and his daughter, yes, family. 1:31:03.160 --> 1:31:05.160 What scares me about this is for those people who 1:31:05.160 --> 1:31:07.280 are indigen or those people who don't have loved ones 1:31:07.320 --> 1:31:09.360 around to be able to monitor their care and ask 1:31:09.400 --> 1:31:11.240 these questions. And it mays want to ask, if this 1:31:11.320 --> 1:31:14.280 happened to Robert Meyer, how many more cases like this 1:31:14.360 --> 1:31:14.920 are out there. 1:31:16.120 --> 1:31:19.040 Yeah, it's a shame that it's incumbent on family a 1:31:19.120 --> 1:31:22.000 lot of times to keep an eye on their loved one, 1:31:22.720 --> 1:31:25.240 which is difficult because loved ones don't always live in 1:31:25.280 --> 1:31:28.759 the same vicinity. Yeah, you know, they're out of state 1:31:28.800 --> 1:31:32.160 and whatnot, and you know, it really is a shame. 1:31:32.200 --> 1:31:35.640 But I would encourage any family member to keep in 1:31:35.720 --> 1:31:39.959 touch with their loved one, keep in touch with the facility. Obviously, 1:31:40.000 --> 1:31:42.880 if you see something or hear something from your loved 1:31:42.920 --> 1:31:46.960 one that's concerning, you have the absolute right to request 1:31:47.000 --> 1:31:49.639 a meeting with the care team for your loved one. 1:31:50.120 --> 1:31:51.960 They cannot say no to that. So if you have 1:31:52.000 --> 1:31:57.960 any any concerns, you should absolutely have for a care conference. 1:31:58.000 --> 1:32:02.040 They call it. And then also the government, the Ohio 1:32:02.080 --> 1:32:07.720 Department of hell Overseas nursing facilities, and they actually do 1:32:07.800 --> 1:32:12.960 an incredible job. If they're contacted about a concern, for example, 1:32:12.960 --> 1:32:17.479 if you're out of state, they will almost always contact 1:32:17.479 --> 1:32:23.800 the facility and at least initiate a request to look 1:32:23.840 --> 1:32:25.040 into a loved. 1:32:24.800 --> 1:32:27.240 One good now because we're all living longer, and this 1:32:27.320 --> 1:32:29.519 is the downside of that for sure. Jeff Heller is 1:32:29.560 --> 1:32:33.080 an attorney in Nuremberg, Paris. Heller McCarthy in Cleveland is 1:32:33.080 --> 1:32:35.600 handling the case of Robert Meyer, certainly one of the 1:32:35.640 --> 1:32:38.960 more interesting ones and one of the more unbelievable stories 1:32:39.160 --> 1:32:39.920 that you'll ever hear. 1:32:40.040 --> 1:32:41.639 And I'll hold on your number, Jeff. 1:32:41.720 --> 1:32:44.840 I'll reach back out as a story unravels, because there's 1:32:44.840 --> 1:32:47.120 going to be a lot more. I guess things to 1:32:47.200 --> 1:32:48.880 drop in this case as it moves forward, but I'd 1:32:48.920 --> 1:32:50.000 love to have you back at some point. 1:32:50.280 --> 1:32:52.600 Absolutely. I really appreciate it and I look forward to 1:32:52.640 --> 1:32:53.439 speaking with you again. 1:32:53.760 --> 1:32:56.880 Yes, sir, we live longer and there's unforeseen dangers out 1:32:56.880 --> 1:33:00.880 there like this. We'll talk your wallet up next. Took 1:33:00.880 --> 1:33:03.040 it in the shorts yesterday. Actually we found out. Today's 1:33:03.080 --> 1:33:05.080 going to Andy Schaeffer from Simply Money and all Worth 1:33:05.080 --> 1:33:08.360 Financial Belt. Why we had that big dip yesterday, Ai 1:33:08.400 --> 1:33:10.479 and terrists more to follow seven hundred w Golde. 1:33:11.040 --> 1:33:12.280 Time to talk. 1:33:12.040 --> 1:33:14.880 About money, how to make it, how to keep it, 1:33:15.120 --> 1:33:21.840 and how to keep others off your stash. This is 1:33:21.920 --> 1:33:25.240 all Worth advice with Andy Schaeffer, Andy, good morning. 1:33:25.240 --> 1:33:29.000 How's life Scott? Life couldn't be better? All right? We'll 1:33:29.000 --> 1:33:29.599 see about that. 1:33:29.600 --> 1:33:32.320 The Dow was down eight hundred points plus yesterday, took 1:33:32.320 --> 1:33:34.519 it in the shorts. It looks like it's rebounding today. 1:33:34.880 --> 1:33:36.799 But then again, we have State of the Union tonight, 1:33:36.880 --> 1:33:39.560 So the President could say something that could cause the 1:33:39.600 --> 1:33:41.760 market to go up a thousand points or down five 1:33:41.840 --> 1:33:43.960 hundred points tomorrow. We don't know at this point. I 1:33:43.960 --> 1:33:45.680 think a couple of things working here. Most people think 1:33:45.800 --> 1:33:48.840 it was a tariff seal, but it was also AI. 1:33:48.840 --> 1:33:50.280 I want to get to that in a second, but 1:33:50.680 --> 1:33:53.680 let's start with the tariffs and the President after the 1:33:53.680 --> 1:33:55.880 Supreme Court ruling saying well, we're going to move forward 1:33:55.880 --> 1:33:59.280 anyway with ten percent now immediately tonight, and it's going 1:33:59.320 --> 1:34:01.960 to go up to fifteen at some point. Take us 1:34:01.960 --> 1:34:03.960 through what that looks like for the market and if 1:34:03.960 --> 1:34:04.719 that's even doable. 1:34:05.360 --> 1:34:06.599 Yeah, I can, I can do that. 1:34:06.720 --> 1:34:09.680 I think you know that's on most investors' minds is 1:34:09.720 --> 1:34:13.960 how does the tariffs impact the markets, the economy. The 1:34:14.040 --> 1:34:16.479 ruling by the judicial branch, all of that is the 1:34:16.520 --> 1:34:20.200 Supreme Court. So essentially the Supreme Court ruled that Trump 1:34:20.240 --> 1:34:24.160 cannot use the International Emergency Economic Powers Act. He calls 1:34:24.200 --> 1:34:27.919 it AIPA. I love a good acronym, you know, And 1:34:28.120 --> 1:34:31.800 the path now is basically was ruled unconstitutional. You have 1:34:31.840 --> 1:34:35.280 to understand how the different branches of government works. So 1:34:35.880 --> 1:34:37.599 you know, we have to go back to sixth grade 1:34:37.640 --> 1:34:41.439 civics to understand that the legislative branch, which is primarily Congress, 1:34:41.479 --> 1:34:45.240 is responsible for making the laws. The executive branch, the president, 1:34:45.320 --> 1:34:47.799 is responsible for enforcing or carrying out the laws. 1:34:48.200 --> 1:34:49.840 The judicial branch interpose the laws. 1:34:49.840 --> 1:34:52.839 And basically what the judicial branch has said the Supreme 1:34:52.880 --> 1:34:56.280 Court effectively is that Donald Trump can't do this. And 1:34:56.600 --> 1:34:59.560 he was citing the fact that, hey, this is an emergency. 1:34:59.720 --> 1:34:59.880 You know. 1:35:00.000 --> 1:35:02.880 The reasons that I'm using these terriffs are to prevent 1:35:03.439 --> 1:35:07.880 fentanyl from coming into the United States and also by 1:35:08.040 --> 1:35:10.360 making sure that we have leverage against you know, a 1:35:10.400 --> 1:35:13.160 lot of our international foes. And you know, basically, what 1:35:13.160 --> 1:35:15.120 the judicial branch said is no, no, no, no, you 1:35:15.160 --> 1:35:18.160 can't do that. This is what Congress is for. Congress 1:35:18.200 --> 1:35:20.799 needs to make these laws. This is part of Article one, 1:35:21.280 --> 1:35:24.759 you know, of the Constitution. This is unconstitutional and Essentially, 1:35:25.120 --> 1:35:27.439 the markets responded and said, oh, no, what are we 1:35:27.479 --> 1:35:28.200 going to do? 1:35:28.320 --> 1:35:30.559 How do we pay these back? What does this look like? 1:35:31.000 --> 1:35:34.280 It's scary and it becomes you know, more uncertainty for 1:35:34.400 --> 1:35:37.640 the investor in general because it's so complicated and we 1:35:37.680 --> 1:35:40.000 really don't know what the fallout is. Well, you know, 1:35:40.080 --> 1:35:42.679 as we kind of uncover and look into the legal 1:35:43.040 --> 1:35:46.479 abilities of the executive branch, particularly Donald Trump, we found 1:35:46.479 --> 1:35:48.800 that well, he has other methods that he can use 1:35:48.880 --> 1:35:51.840 to use terrorists on these other countries as well. 1:35:52.320 --> 1:35:54.120 Uh one, Article T one. 1:35:54.080 --> 1:35:56.880 Twenty two, two thirty two, et cetera, which allows him 1:35:57.160 --> 1:36:00.600 to have these powers, which effectively means that, yes, we 1:36:00.640 --> 1:36:03.280 can put tariffs on other countries in different ways. It's 1:36:03.320 --> 1:36:05.960 just a little bit more cumbersome, but it can be done. 1:36:06.040 --> 1:36:07.840 And so I don't think it's going to have a 1:36:07.880 --> 1:36:11.439 major impact on the markets. I know yesterday Marcus felt 1:36:11.479 --> 1:36:13.840 quite a bit, but I think that had largely to 1:36:13.880 --> 1:36:16.679 do with the uncertainty of how these teriffs play out. 1:36:16.920 --> 1:36:19.240 Okay, that's the tariff element, and also we have now 1:36:19.240 --> 1:36:21.360 the refund element of that too. Some one hundred and 1:36:21.400 --> 1:36:25.360 fifty billion dollars, yeah, is what we collected in tariffs, 1:36:25.400 --> 1:36:27.799 and now companies are lined up to get that money 1:36:27.840 --> 1:36:30.799 back because of the Supreme Court ruling. FedEx, for example, 1:36:31.160 --> 1:36:34.439 filed suit yesterday in the Court of International Trade after 1:36:34.479 --> 1:36:39.040 that decision. They said they want the refund duties collected 1:36:39.040 --> 1:36:41.960 from the company and all entries subject to tariffs under LIPA. 1:36:42.760 --> 1:36:45.840 And so you've got countless companies, big and otherwise that 1:36:45.960 --> 1:36:47.840 are part of this too. How do you sort that out? 1:36:47.880 --> 1:36:50.000 And what impact does that have in the economy. Yeah, 1:36:50.040 --> 1:36:51.120 I mean it could take years. 1:36:51.280 --> 1:36:51.479 You know. 1:36:51.600 --> 1:36:55.880 Senate Democrats basically announced legislation yesterday that will require full 1:36:55.960 --> 1:36:59.320 refunds with interest, you know, at the sum of about 1:36:59.360 --> 1:37:02.439 one hundred and seventy five billion dollars. And so you know, 1:37:02.479 --> 1:37:04.320 you have all this money that was collected by the 1:37:04.520 --> 1:37:08.680 emergency terriffs i EVA tariffs or whatever. So those refunds 1:37:08.720 --> 1:37:11.320 will be issued to businesses that pay the import duties, 1:37:11.840 --> 1:37:14.680 you know business cause could pass some on to the 1:37:14.720 --> 1:37:17.760 benefit of the consumers by lowering prices. But this will 1:37:17.760 --> 1:37:20.719 take years to you know, really kind of play out. 1:37:20.840 --> 1:37:23.320 And from an economic standpoint, you had a lot of 1:37:23.320 --> 1:37:25.920 FED speakers that basically said, you know, we're not even 1:37:26.000 --> 1:37:28.400 really looking at this. We're more looking at what what 1:37:28.560 --> 1:37:30.320 jobs and what the labor market is telling us, and 1:37:30.320 --> 1:37:33.320 what inflation data tells us, because this is really kind 1:37:33.360 --> 1:37:35.440 of you know nothing. 1:37:35.160 --> 1:37:36.400 As far as they're concerned. 1:37:36.439 --> 1:37:38.880 You know this, this will be carried out over time, 1:37:38.960 --> 1:37:42.200 and our economy is so robust that it probably won't 1:37:42.280 --> 1:37:45.240 have a major impact, not only to businesses. Maybe they 1:37:45.240 --> 1:37:47.519 do see some sort of refund, but it's not like 1:37:47.560 --> 1:37:50.400 the consumers are going to get you know, the benefit 1:37:50.439 --> 1:37:54.240 of this. Maybe eventually lower prices, but it's not going 1:37:54.280 --> 1:37:55.440 to be anything that's significant. 1:37:55.479 --> 1:37:57.160 All right, And people heard this and what a lots 1:37:57.160 --> 1:37:59.280 of Trump tariffs is why the market went down with 1:37:59.320 --> 1:38:01.439 the ruling and everything else. Now there was something else 1:38:01.479 --> 1:38:03.360 in there too, and it had to do with AI. 1:38:04.000 --> 1:38:06.559 There's a viral report that came out that tapped into 1:38:06.560 --> 1:38:08.479 a new strain of fears about AI. And it's a 1:38:08.520 --> 1:38:12.200 pretty bleak future in which technological change inspires a race 1:38:12.240 --> 1:38:14.800 to the bottom and white collar the industry. So what 1:38:14.840 --> 1:38:16.879 we know between our ears is going to be replaced 1:38:16.880 --> 1:38:20.920 by AI. There's concerns over people are scaling this up. 1:38:21.000 --> 1:38:23.120 Just don't have any money left they spent out already, 1:38:23.479 --> 1:38:26.040 and there's disruption all over the place. They call it 1:38:26.040 --> 1:38:30.080 a global intelligence crisis that's about to hit here. So 1:38:30.400 --> 1:38:33.240 what if AI is so bullish of the economy, it 1:38:33.280 --> 1:38:34.240 actually is bearished. 1:38:34.240 --> 1:38:35.160 That's what this sounds like. 1:38:36.080 --> 1:38:38.880 Well, I mean, there was an interesting piece that was 1:38:38.880 --> 1:38:43.040 co authored by a research department and basically they're a 1:38:43.080 --> 1:38:46.080 managing partner of a tech company, and it was basically 1:38:46.160 --> 1:38:48.920 kind of a look back and to see what this AI, 1:38:50.000 --> 1:38:53.040 you know, revolution looks like. And I think what people 1:38:53.040 --> 1:38:56.400 were really fearful about is, well, we've gained all of 1:38:56.439 --> 1:39:01.040 this momentum from AI. We've all benefited from the stock 1:39:01.080 --> 1:39:03.920 prices of AI that have increased over time, and we 1:39:03.920 --> 1:39:07.360 see this valuation that is super inflated because you know 1:39:07.400 --> 1:39:11.120 what we are when we're buying AI, we're anticipating that 1:39:11.320 --> 1:39:15.320 the production and the profitability will increase over time and 1:39:15.360 --> 1:39:19.280 in the future. Well, when you have significant pe ratios, 1:39:19.360 --> 1:39:21.800 which means that the price is higher than what the 1:39:21.840 --> 1:39:25.439 earnings potential is, you have a potential for a bubble. 1:39:25.479 --> 1:39:28.320 And that's the major fear here and it's going to continue. 1:39:28.439 --> 1:39:30.120 We're going to be talking about this Scott for the 1:39:30.160 --> 1:39:32.880 next two to three years until this all shakes out 1:39:32.920 --> 1:39:35.479 we figure out what AI is actually going to do 1:39:35.560 --> 1:39:36.959 from a profitability standpoint. 1:39:36.960 --> 1:39:38.040 But here's what I do now. 1:39:38.600 --> 1:39:40.880 I know that if you're a business owner or if 1:39:40.920 --> 1:39:43.960 you're an employee, we are using AI more and more 1:39:44.040 --> 1:39:46.559 every day. I see it with the job, I see 1:39:46.600 --> 1:39:49.200 it within our business. I was talking to some friends 1:39:49.240 --> 1:39:51.600 the other day and some clients that use AI to 1:39:51.600 --> 1:39:55.120 plan their vacations. So it's here and we have to 1:39:55.200 --> 1:39:56.840 understand how to use it, and I think you have 1:39:56.920 --> 1:40:00.679 to adapt. In my opinion, I'm more bullish on AI 1:40:01.000 --> 1:40:05.360 than I think a lot of fearful investors are currently. 1:40:05.640 --> 1:40:07.439 I think that as we move into the future, AI 1:40:07.560 --> 1:40:09.240 is going to be more a part of our daily lives. 1:40:09.520 --> 1:40:12.840 We'll see how it affects employment and in how it 1:40:12.880 --> 1:40:15.840 affects businesses. But I think we will adapt just like 1:40:15.880 --> 1:40:18.400 we did during the Industrial Revolution, just like we did 1:40:18.400 --> 1:40:21.880 in the early two thousands, absolutely to the internet, and 1:40:21.920 --> 1:40:24.040 so I think it's here to stay. I'm not as 1:40:24.080 --> 1:40:27.840 fearful as some economists might be. I think it's a 1:40:27.880 --> 1:40:29.719 good place to be invested, and I think you should 1:40:29.880 --> 1:40:32.439 still should have that as a piece of your portfolio. 1:40:32.000 --> 1:40:35.280 Not only with every time we've had a disruption like this. 1:40:35.560 --> 1:40:38.200 An AI's a massive disrupt could be the mad biggest 1:40:38.280 --> 1:40:41.800 disruptor of our lives. Yeah, it's going to take a 1:40:41.800 --> 1:40:43.920 lot of jobs, but it's also going to produce a 1:40:43.920 --> 1:40:45.800 lot of jobs that aren't even jobs yet. 1:40:45.840 --> 1:40:47.080 That's what we always forget. 1:40:47.680 --> 1:40:49.960 Yeah, and I think as we move forward into the future, 1:40:50.000 --> 1:40:52.320 technology is going to be a bigger player there, right. 1:40:52.360 --> 1:40:55.760 You know, back in the early nineteen hundreds, we were 1:40:55.760 --> 1:40:58.360 more of a manufacturing type of society. That's what really 1:40:58.479 --> 1:41:01.960 drove our economy. Twenty percent of our economy was manufacturing, 1:41:02.040 --> 1:41:05.639 only thirty percent with services. That has recently flipped since 1:41:05.680 --> 1:41:08.360 the nineteen seventies and eighties. We are now seventy percent 1:41:08.439 --> 1:41:11.960 more of a services industry, only thirty percent manufacturing. And 1:41:12.000 --> 1:41:14.599 as we move into the future, most of our future 1:41:14.640 --> 1:41:15.640 is going to be technology. 1:41:15.800 --> 1:41:17.920 I like technology. I like my Apple phone. 1:41:18.000 --> 1:41:20.760 It tells me how to get places, it helps me 1:41:20.880 --> 1:41:23.439 order food, it gives me reservations. And I think that 1:41:23.520 --> 1:41:26.400 as you continue to use technology and you start to 1:41:26.479 --> 1:41:29.519 realize what AI is all about and utilize that in 1:41:29.560 --> 1:41:31.800 your everyday life, you're going to understand it makes our 1:41:31.800 --> 1:41:32.879 lives a lot easier. 1:41:32.880 --> 1:41:35.400 So it's not going anywhere, and it does make us 1:41:35.400 --> 1:41:36.080 more productive. 1:41:36.080 --> 1:41:38.680 The things that I can get done by using AI 1:41:39.080 --> 1:41:41.760 opens up my day to a lot more productivity. And 1:41:41.800 --> 1:41:44.200 I use it, you know, literally every day, and I 1:41:44.200 --> 1:41:47.479 think most workers will as well. Now is that going 1:41:47.520 --> 1:41:49.880 to eliminate my job in the future, I don't think so. 1:41:50.080 --> 1:41:53.479 I think you're an emotional component of people in general 1:41:53.520 --> 1:41:56.360 that want to interact with other individuals as opposed to 1:41:56.439 --> 1:42:00.080 relying on AI. And we're still not fully aware of 1:42:00.160 --> 1:42:04.040 the factual basis of AI and how accurate it can be. 1:42:04.120 --> 1:42:06.559 There is some fear there as well, but as more 1:42:06.560 --> 1:42:08.519 and more people use it, I think they'll realize that 1:42:08.600 --> 1:42:11.760 it becomes, you know, a useful tool not only from 1:42:11.800 --> 1:42:14.759 an employment standpoint, but also within our everyday loss. 1:42:14.880 --> 1:42:17.840 Yeah, and finally too, these two things tied together with 1:42:17.880 --> 1:42:22.280 our old front inflation here too and the inflation outlook right. 1:42:22.320 --> 1:42:24.760 And it's kind of hard too, because you know, we 1:42:24.760 --> 1:42:27.360 we had this many government shutdown going on yet again, 1:42:27.960 --> 1:42:29.560 and to try and get all these numbers together is 1:42:29.640 --> 1:42:32.719 rather difficult. But I know, inflation from from an inflation standpoint, 1:42:32.760 --> 1:42:34.600 when it's AI, but a special to teariffs, where do 1:42:34.640 --> 1:42:35.080 we stand? 1:42:36.240 --> 1:42:38.640 Well, you know, what we saw towards the end of 1:42:38.720 --> 1:42:41.759 last year was that our growth was a lot weaker 1:42:41.800 --> 1:42:43.920 than what we thought, and I think a lot of 1:42:43.920 --> 1:42:46.720 that has to do with the government shutdown. When we 1:42:46.760 --> 1:42:49.599 look at inflation, it is trending lower. When you take 1:42:49.640 --> 1:42:54.400 out a lot of the external costs like exports, imports 1:42:54.560 --> 1:42:56.920 and those types of things, those are violable categories that 1:42:56.960 --> 1:43:01.720 don't really represent the underlying economic trend. Core GDP is 1:43:01.760 --> 1:43:04.479 a healthy two point four percent. That is in line 1:43:04.520 --> 1:43:06.640 with the range over the past three years. And so 1:43:06.760 --> 1:43:10.400 when we look at moving forward and hopefully these government 1:43:10.439 --> 1:43:13.000 shutdowns start to minimize a little bit, and who knows, 1:43:13.080 --> 1:43:14.920 you know, Congress loves to shut down and go on 1:43:15.000 --> 1:43:17.680 vacation and do those types of things, I think the 1:43:17.720 --> 1:43:20.640 economy is in pretty good, pretty good shape. When the 1:43:20.680 --> 1:43:22.599 Fed meets, we're going to get a ton of FED 1:43:22.640 --> 1:43:25.599 speakers this week. I think that it's not likely that 1:43:25.680 --> 1:43:28.800 we see another cut, and probably until June, I think 1:43:28.880 --> 1:43:31.400 is the next most likely cut. But we'll see how 1:43:31.439 --> 1:43:33.640 it goes. We'll see what the Fed members have to 1:43:33.640 --> 1:43:36.080 say this week. But I think generally we're kind of 1:43:36.120 --> 1:43:39.400 in a Goalilock's phase right now, where unemployment is fairly 1:43:39.479 --> 1:43:43.360 reasonably low. And also I think that inflation is trending 1:43:43.360 --> 1:43:45.240 the way that the Fed wants. And I don't think 1:43:45.240 --> 1:43:47.000 that tariffs are going to have a major impact on you. 1:43:47.200 --> 1:43:49.720 I know, the jobless claims ticked up a little bit. 1:43:50.280 --> 1:43:53.240 Is that just like seasonal or weather? What is it both? 1:43:53.920 --> 1:43:57.080 I think it is influenced by seasonal adjustments, you know, 1:43:57.160 --> 1:43:59.720 usually the winner we start to see that increase a 1:43:59.720 --> 1:44:02.760 little little bit, you know, really right now, what we're 1:44:02.760 --> 1:44:04.760 seeing is that if you're out of a job, it's 1:44:04.760 --> 1:44:08.479 a little bit harder to find a job. But most 1:44:08.520 --> 1:44:11.840 of mostly, I think that employment is fairly stable. If 1:44:11.840 --> 1:44:15.040 you have a job, you're more likely to keep it 1:44:15.120 --> 1:44:15.680 than lose it. 1:44:16.360 --> 1:44:19.679 Okay, Andy Schaeffer from all Worth Financial and the Simple 1:44:19.760 --> 1:44:22.200 Money Show that airs at six on fifty five KRC, 1:44:22.360 --> 1:44:24.679 A little weekly tune up with your money. The President's 1:44:24.680 --> 1:44:27.160 going to speak at the State of the Union tonight tonight, 1:44:27.200 --> 1:44:31.160 tonight tonight. In typical Trump fashion, usually he drops a 1:44:31.200 --> 1:44:33.160 bomb no one's expecting, or says something away. 1:44:33.200 --> 1:44:34.120 What did he just say? 1:44:34.960 --> 1:44:37.360 As someone who follows the markets and has to calm 1:44:37.400 --> 1:44:41.200 down nervous investors, do you anticipate tonight's State of the Union. 1:44:41.240 --> 1:44:43.280 You're prepared for an early day tomorrow. I just you know, 1:44:43.320 --> 1:44:45.080 we've seen this before where he says something, Oh, we 1:44:45.120 --> 1:44:48.000 didn't see that coming in everyone starts flipping out. 1:44:48.400 --> 1:44:49.639 Yeah, you know, it's funny. 1:44:50.120 --> 1:44:54.320 My clients typically know and anticipate, you know, really what 1:44:54.439 --> 1:44:56.400 I'm going to say, So anytime I get an email 1:44:56.479 --> 1:44:58.479 or a phone call, they usually say, you know, Andy, 1:44:58.560 --> 1:45:00.240 I think I know what you're going to say, but 1:45:00.280 --> 1:45:03.120 I just need to ask it anyway. And essentially, the 1:45:03.120 --> 1:45:07.360 markets have kind of already adjusted the bluster from Donald 1:45:07.400 --> 1:45:10.360 Trump and the potential for him to say something funny tonight. 1:45:11.240 --> 1:45:14.519 So my clients are already prepared for volatility. You know, 1:45:14.560 --> 1:45:17.479 I've told all of them, you know, leading into this year. 1:45:17.760 --> 1:45:20.080 You know, don't be surprised if we see a pullback. 1:45:20.120 --> 1:45:23.760 It's likely to happen. But in an expanding economy, any 1:45:23.800 --> 1:45:25.800 type of pullback that we see is going to be 1:45:25.800 --> 1:45:27.840 short lived, so we don't really flinch at that. 1:45:28.240 --> 1:45:28.400 You know. 1:45:28.560 --> 1:45:32.400 Ultimately, what we're focused on is recession risk probability, and 1:45:32.439 --> 1:45:34.400 that's very low at this time. So if you do 1:45:34.439 --> 1:45:38.400 see a pullback, don't be alarmed, it's likely due to 1:45:38.439 --> 1:45:42.599 investor irrational behavior, a reaction to headlines, and that's not 1:45:42.640 --> 1:45:44.720 something that we try to get tied up into. It 1:45:44.880 --> 1:45:48.200 just is not that important and it's very short lived. Okay, 1:45:48.320 --> 1:45:50.920 week ahead, what are we looking at? Well, we have 1:45:51.000 --> 1:45:53.280 a pretty quiet week this week. I think the most 1:45:53.280 --> 1:45:56.720 important thing is the producer price index on Friday. That 1:45:56.920 --> 1:46:00.280 usually gives us an idea of how inflation looks from 1:46:00.280 --> 1:46:03.280 the consumer standpoint. It's almost forecasting, you know what the 1:46:03.320 --> 1:46:07.040 consumer looks like from an inflation price point portfolio. And 1:46:07.120 --> 1:46:09.120 we also are going to have a number of FED 1:46:09.200 --> 1:46:11.720 speakers this week. They like to talk, they like to 1:46:11.720 --> 1:46:14.360 tell us what they think, so I'll be keeping a 1:46:14.360 --> 1:46:15.040 close eye on that. 1:46:15.200 --> 1:46:18.160 Well, all right, fair enough, Andy Schaeffer, Simply Money and 1:46:18.439 --> 1:46:19.240 all Worth Financial. 1:46:19.320 --> 1:46:21.560 Thanks again, brother, appreciate it. Okay, Scott, talking to you. 1:46:21.640 --> 1:46:22.320 Talk next week. 1:46:22.360 --> 1:46:24.800 And of course the all Worth team does Simply Money 1:46:24.800 --> 1:46:27.120 tonight at six on fifty five KRC. 1:46:27.280 --> 1:46:29.400 Always check your wallet every Tuesday morn. I don't know why. 1:46:29.439 --> 1:46:34.440 Tuesday feels like Monday would be depressing, Wednesday feels like eh, Tuesday. 1:46:34.120 --> 1:46:35.120 Seems like a good day for this. 1:46:35.240 --> 1:46:37.559 Actually, most people check their fur own case Monday Tuesday. 1:46:37.640 --> 1:46:40.280 So if you take a peek at that, yeah, it's 1:46:40.320 --> 1:46:41.680 going to be a bad day for you. Said no, 1:46:41.760 --> 1:46:43.320 look at it's get a waitful tomorrow. Wait, don't we 1:46:43.400 --> 1:46:45.280 give it a week? Relax, relax like getting on the 1:46:45.320 --> 1:46:47.600 scale every day. You shouldn't do it. Willy is on 1:46:47.680 --> 1:46:49.760 the way after news update coming up top of the hour. 1:46:49.760 --> 1:46:52.080 We got the weather whiplash effect going on. We got snow, 1:46:52.080 --> 1:46:53.920 we got warm, we got snow coming back in and 1:46:53.920 --> 1:46:56.280 then warm again. We'll wrap that up for you in 1:46:56.280 --> 1:46:58.880 a nice little bow. And as I said, Willie at 1:46:58.880 --> 1:47:00.840 the twelve oh six to day here on the Home 1:47:00.840 --> 1:47:03.479 of the reds back at it against Kansas City today. 1:47:03.520 --> 1:47:06.280 That's over on I believe ESPN or now I think 1:47:06.280 --> 1:47:09.800 that's on thirteen sixty. I believe, I believe Scott Sloan show. 1:47:09.840 --> 1:47:11.960 I'm the Home of the Red seven hundred WWT, Cincinnati,