Speaker 1: This is America's Trucking Network with Kevin Gordon. Welcome aboard,
Speaker 1: Thanks for tuning in on this Tuesday morning. Hope everybody
Speaker 1: had a great weekend. I'll tell you what it was,
Speaker 1: kind of an interest and what not, a kind of
Speaker 1: it was a very interesting weekend this past weekend, and
Speaker 1: we finally got our Christmas decorations up. And we thought
Speaker 1: we were kind of late in terms of doing that
Speaker 1: because we always, you know, driving around, you see people
Speaker 1: that have already had their Christmas decorations up before Thanksgiving.
Speaker 1: I just don't I just don't buy into that. I'm
Speaker 1: not into this early celebration because then by the time
Speaker 1: Christmas comes around, you're pretty much tired of seeing the decorations.
Speaker 1: A lot of people had their Christmas decorations up before Thanksgiving,
Speaker 1: which I think is a little bit early, but with
Speaker 1: that weekend afterwards that generally when a lot of people
Speaker 1: put their decorations up. But we were running well what
Speaker 1: we thought was a little late. But then as we
Speaker 1: started seeing some of the reports and talking to people
Speaker 1: and listening and watching on Facebook, we're pretty much in line.
Speaker 1: So don't feel too bad about getting our stuff up
Speaker 1: the way we got our stuff up, which was a
Speaker 1: lot of fun, big weekend as far as sports is concerned,
Speaker 1: And normally I don't talk a lot about sports on
Speaker 1: this program because after all, it is America's truck a network,
Speaker 1: and so we generally stick to economic news because as
Speaker 1: the reports from American Transportation Research Institute says that that
Speaker 1: is one of the main concerns of you out there
Speaker 1: on the road, that driving around and worrying about the economy.
Speaker 1: And with my point has been along all along is
Speaker 1: that what we're hearing from the spoon fed regurgitators of
Speaker 1: the mainstream media is not what is going on, and
Speaker 1: that looking at some of these stories and reading between
Speaker 1: the lines and seeing the positives in there, the headlines
Speaker 1: don't always match what the story says. And so my
Speaker 1: point on this program is to try to not try
Speaker 1: to but to get the truth out so that people
Speaker 1: know where the economy is, how strong the economy actually
Speaker 1: is despite all the negativity from the spoon federalc urgitators
Speaker 1: in the mainstream media. So again with that and said
Speaker 1: I don't normally talk a lot about sports, but it
Speaker 1: was very interesting weekends. Starting off from Friday, I almost
Speaker 1: hit the trifecta this weekend in terms of teams that
Speaker 1: I thought were gonna win. Anyway, Friday night here in
Speaker 1: Cincinnati was a Crosstown shootout. Now, this is a game
Speaker 1: between University of Cincinnati and Xavier University, my alma mater,
Speaker 1: and Xavier won the Crosstown shootout. They were not expected
Speaker 1: to win. They were, you know, watching the pregame information
Speaker 1: and you know, they have the panel it was the
Speaker 1: show or the game was televised on TNT turna network television,
Speaker 1: and the four panelists we're talking about, well who you
Speaker 1: choosing tonight? Who do you think is going to win?
Speaker 1: And all four of them thought, you see, was gonna win.
Speaker 1: And on paper it appeared as though that they had
Speaker 1: the stronger team, bigger team, better team, et cetera. However,
Speaker 1: that's why you play the game. And you know they
Speaker 1: were trying to downplay this, and you know, for those
Speaker 1: of you who are not familiar with us, I mean,
Speaker 1: this is a big game. And of course my alma mater,
Speaker 1: Xavier on the Crosstown shootout. Now, just to kind of
Speaker 1: give you a little bit of background on this, Zavier
Speaker 1: University has a student body of six thousand students, you
Speaker 1: see has fifty thousand. We are separated there, separated by
Speaker 1: only three miles. A lot of these players in the
Speaker 1: past used to play in these summer leagues around the
Speaker 1: town and so the importance of this game was the
Speaker 1: bragging rights on those during those games during the summer league,
Speaker 1: which is kind of faded by the wayside. Before Xavier
Speaker 1: University dropped football back in nineteen seventy three, that was
Speaker 1: referred to as the Crosstown Shootout for the Xavier U
Speaker 1: See football game every year and on par Xavier had
Speaker 1: a pretty good record against UC. It's one of those
Speaker 1: games kind of like the Ohio State Michigan game. It
Speaker 1: really doesn't matter what the what the record is. When
Speaker 1: you go into that game because of the rivalry, people
Speaker 1: are playing a little bit better than what they normally
Speaker 1: would pay play with a lot more intensity because they're,
Speaker 1: you know, just because it's a rival. And leading up
Speaker 1: to the game, Xavier's first year head coach head coach
Speaker 1: for the first year, Richard Patino, who is Rick Patino's son,
Speaker 1: they were interviewing him and they said, well, how are
Speaker 1: you know, because the city really gets into this and
Speaker 1: the of course the alumni that live in the city.
Speaker 1: The Xavier alumni and U SEE alumni. It's kind of
Speaker 1: a kind of a clash there type of thing. And
Speaker 1: they were interviewing him and said, well, what are you
Speaker 1: preparation for the game? And we don't prepare any different
Speaker 1: for this game. Uh, it's just another game on this schedule.
Speaker 1: We don't make any more emphasis on it more than
Speaker 1: anything else. And a lot of the people that have
Speaker 1: been here for a number of years and the sportscasters
Speaker 1: and whatever said, you know, it's funny every time a
Speaker 1: new coach comes in, whether it's for UC or Xavier,
Speaker 1: they always say the same thing until after the game
Speaker 1: and they say, I had no clue how big this
Speaker 1: game was and the intensity and the rivalry, especially in
Speaker 1: the student body and in the stands, and so from
Speaker 1: that aspect, I think there was a little bit of
Speaker 1: a surprise as far as Richard Patino was concerned in
Speaker 1: terms of that. Now, what's interesting is that when I
Speaker 1: was watching the game, we call it the Crosstown Shootout. Now,
Speaker 1: the TNT sportscasters they were kept referring to it as
Speaker 1: the Crosstown Showdown. I guess they're probably being a little
Speaker 1: bit pc as far as that's concerned, a little politically
Speaker 1: politically correct. I mean, because you know you can't well
Speaker 1: you know, you can't have shots. You can't have shoot
Speaker 1: it can't be a shootout for crying out loud. That
Speaker 1: kind of kind of gives some sort of other connotation
Speaker 1: to it, which is a load of crap, because if
Speaker 1: you're going to do that, well then maybe you should
Speaker 1: change some of the terms. You'd eliminate the shot clock,
Speaker 1: don't talk about the three point shots, you don't talk
Speaker 1: about the number of shots that a player made during
Speaker 1: the game, and all that sort of stuff. But I
Speaker 1: thought it was kind of interesting, just kind of an
Speaker 1: a side note. So anyway, as far as the game
Speaker 1: was concerned, Xavery won the game seventy seventy four, which
Speaker 1: was very interesting. Xavier beat the Bearcats for the eight
Speaker 1: sixth time in last seven meetings, which is very interesting. Again,
Speaker 1: the team usually is on bragging rights, which is based
Speaker 1: on bragging rights around the city. Forward Trey Carroll scored
Speaker 1: a high career high thirty points as Xavier Musketeer has
Speaker 1: defeated since Santy Baracats seventy nine seventy four in the
Speaker 1: Crossdown shootout since at the Sintas Center of Friday Night,
Speaker 1: Beat you again, bait beat you see, And somewhere in here,
Speaker 1: I think I've got the note that Xavier has won.
Speaker 1: Actually you See has not, And this was a home
Speaker 1: game for Xavier, and the you See has not won
Speaker 1: on x U's home court since two thousand and one.
Speaker 1: So this is like because it's usually you know, home
Speaker 1: and away. You know, one one year it's at you See,
Speaker 1: one year it's at Xavier, and flip back and forth
Speaker 1: and so on. So since two thousand and one, you
Speaker 1: See has not beat Xavier on their own home court.
Speaker 1: So that was interesting. It was bragging rights and so on.
Speaker 1: This Trey Carroll and again they tried to downplay the
Speaker 1: significance of this game and everything. But I think the
Speaker 1: individual students themselves, even though some of them transferred in,
Speaker 1: and I think they said at the beginning of the game,
Speaker 1: only one player on either team had experienced the Crosstown
Speaker 1: shootout before. And I don't know what happened as far
Speaker 1: as Trey Trey Carroll is concerned, but he's a transfer
Speaker 1: student in and I think he's going going to be
Speaker 1: I think he's a senior, so he's only going to
Speaker 1: be here one year. But apparently he really got into
Speaker 1: the motivation of this game again a career high. And
Speaker 1: at the end of the game, you could just see
Speaker 1: the excitement on his face and he was just so
Speaker 1: excited and just running around the court and you know,
Speaker 1: showing the Xavier shirt and everything. I mean, it was incredible.
Speaker 1: And then the interview afterwards, what a great young man.
Speaker 1: He said, well, what are you gonna do? Are you
Speaker 1: gonna go out with your friends tonight? And he goes, no,
Speaker 1: he isn't. Any point he turned around, he pointed, and
Speaker 1: he says, my family came in for the game, and
Speaker 1: my wife is up there because he got married in
Speaker 1: the off season, which is interesting. And he said, I'm gonna,
Speaker 1: you know, just go out to dinner with my family,
Speaker 1: get get some sleep tonight and go to bed early
Speaker 1: and so on. I'm not going to do anything stupid
Speaker 1: and so on. But and the after game or after
Speaker 1: the postgame interview, a couple of the people on set,
Speaker 1: I can't remember the two, but apparently they had played
Speaker 1: college basketball before and they said, well, that is a
Speaker 1: remarkable young man because he said he's not going to
Speaker 1: go out and do anything stupid, which is certainly different
Speaker 1: than what we did when we were in school, so
Speaker 1: it was kind of interesting from that aspect. Also, going
Speaker 1: into the weekend, we had the Indiana University OSU game,
Speaker 1: both teams being undefeated, Big Ten Championship and a big
Speaker 1: a whole lot on the line there, which was kind
Speaker 1: of interesting, kind of interesting as far as some of
Speaker 1: the backstory there, we'll pick that up on the other side.
Speaker 1: I'm Kevin Gordon, America's Trucking Network, seven hundred WLW, one
Speaker 1: hundred WLW. I started at the beginning of the show saying,
Speaker 1: you know, I usually don't talk a lot about sports
Speaker 1: on this program, again because it is America's truck in Network,
Speaker 1: And if you missed any of that or missing their
Speaker 1: previous shows, make sure you hit up that iHeartRadio app
Speaker 1: brought to you Buyer Friends at Rust Truck Centers. But
Speaker 1: this weekend was interesting from the standpoint that again we
Speaker 1: had the Crosstown Shootout x U versus UC University of Cincinnati,
Speaker 1: Miama Maters Avery University won that game seventy nine seventy four,
Speaker 1: which was an upset victory. Then on Saturday, we had
Speaker 1: the Big Ten Championship Indiana University High State University ranked
Speaker 1: one and two. A High State was ranked number one,
Speaker 1: Indiana was ranked number two. Very interesting game the Big
Speaker 1: Ten championship and the national title on the line, and
Speaker 1: of course then on Sunday we had the Bengals versus
Speaker 1: the Bills. So but anyway, the Indiana game was it
Speaker 1: was very interesting. I grew up, I mentioned before, I
Speaker 1: grew up in Columbus, Ohio, so I do have kind
Speaker 1: of a soft spot in my heart for them. However,
Speaker 1: my dad went to Notre Dame, so we were big
Speaker 1: Notre Dame fans growing up, and not so much OSU
Speaker 1: only from the standpoint that you know, if OSU is
Speaker 1: playing any other team, I'm for OSU until they played
Speaker 1: Notre Dame or something along those lines. But you always
Speaker 1: want your hometown team or your home state team to
Speaker 1: do well, and so you know, it wasn't necessary a
Speaker 1: cheer for Ohio State, and of course I always want
Speaker 1: them to beat Michigan and that type of thing. But
Speaker 1: this particular game against Indiana was unique in a lot
Speaker 1: of instances. The fact that they were able to win
Speaker 1: thirteen to ten, which was a low scoring game between
Speaker 1: these two teams, which is very interesting. It was the long.
Speaker 1: It was the longest, very long. I don't know if
Speaker 1: it was a record losing streak. Indiana had not beat
Speaker 1: OSU Ohio State University since nineteen eighty eight, thirty seven years.
Speaker 1: They hadn't beaten them, and of course, you know, again
Speaker 1: according to statistics and according to the strength of schedule,
Speaker 1: and even though they were ranked number one and number two,
Speaker 1: I don't think anybody was really giving Indiana any chance
Speaker 1: of winning that game, simply because as an overpowering offense.
Speaker 1: Now High State won the national championship last year. So
Speaker 1: kind of in heart of hearts, you know, living here
Speaker 1: in the living in the Tri state area around the Ohio,
Speaker 1: Kentucky and Indiana corner there in southwest Ohio, you know,
Speaker 1: we do have some a little bit of an affiliation
Speaker 1: or so on with Indiana, and I was kind of
Speaker 1: hoping that Indiana would knock off OSU because they have
Speaker 1: been getting a little cocky and so on. So I
Speaker 1: was actually pleased to watch it, even though I knew
Speaker 1: both teams were going to wind up in the playoffs
Speaker 1: at college playoffs, you know, having Indiana win. And the
Speaker 1: other thing too, is that Indiana has not won the
Speaker 1: big Ten championship since nineteen sixty seven, fifty eight years,
Speaker 1: Indiana has been one of these teams that has generally
Speaker 1: a pretty decent record, but they have probably one of
Speaker 1: the worst. I think they were saying that Indiana, in
Speaker 1: terms of their record over the years, has one of
Speaker 1: the worst in the Big Ten. You know, it's kind
Speaker 1: of a so so program, never been very prominent and
Speaker 1: so on. But the last couple of years, the new
Speaker 1: coach there, his name escapes me now, but really built
Speaker 1: up the university there, built up the team, really made
Speaker 1: an effort here, and it was a It was an
Speaker 1: exciting game, it was very interesting to watch. But the
Speaker 1: mere fact that they had not beat Ohio State in
Speaker 1: thirty seven years and had not won the Big Ten
Speaker 1: championship in fifty eight it was a huge day and
Speaker 1: a huge thing for Indiana IU Indiana University. Then we
Speaker 1: had the of course, we had the Bengals game, and
Speaker 1: then about six o'clock Sunday night, they did these college
Speaker 1: rankings and who was going to be in and who
Speaker 1: was going to be out of the college playoffs, which
Speaker 1: to me wind up being an absolute joke. It's a
Speaker 1: twelve team field, and again I don't talk much about sports,
Speaker 1: but you know, these kind of things that's on my mind,
Speaker 1: these kind of things that are of interest to me.
Speaker 1: And I've found over the years that if I find
Speaker 1: something interesting, there's a whole lot of people out there
Speaker 1: that find it interesting as well. So well, anyway, it's
Speaker 1: interesting to me, and I thought that some of the
Speaker 1: dynamics behind this. Now there's a twelve team that were
Speaker 1: selected and all during the Ohio State Michigan or Ohio
Speaker 1: State Indiana game and some of the other games. Let
Speaker 1: me see, it was BYU and off the top of
Speaker 1: my head, I can't remember off the top of my
Speaker 1: head who they played. But there were all these games
Speaker 1: that were coming down to some of these teams that
Speaker 1: were on the bubble whether they were going to get
Speaker 1: in or not. And it was interesting to see a
Speaker 1: couple of these teams actually got blown out and even
Speaker 1: though that they were still high ranked. And during the game,
Speaker 1: they were showing all these people that were part of
Speaker 1: the selection committee and they were sitting there with their
Speaker 1: computers and their notes and everything, and they were making
Speaker 1: their determination. Team football field playoff was announced on Sunday
Speaker 1: and Notre Dame was left out and a couple of
Speaker 1: other teams that should have been in there were also
Speaker 1: left out. The Fighting Irish to ten and to two
Speaker 1: were the first team left out of the field, and
Speaker 1: Miami ten and two received the last at large spot,
Speaker 1: moving up two spots to number ten after the twelve
Speaker 1: person CFP selection committee ultimately decided head had results. The
Speaker 1: Hurricanes defeated the Fighting Irish of course first game of
Speaker 1: the season, twenty seven to twenty four in their August
Speaker 1: thirty first opener, so they kind of made that the
Speaker 1: determining factor as to whether or not Notre Dame made
Speaker 1: it in. But what was interesting is that if you
Speaker 1: go to the AP rankings, which is interesting, the AP
Speaker 1: did their rankings at the end of the season, and
Speaker 1: they had the number one, number two, number three team.
Speaker 1: As far as who was going to be ranked, and
Speaker 1: if you go through the top twelve, in my opinion
Speaker 1: for the college National Championship game, it should be the
Speaker 1: top twelve teams in the country, and you start off
Speaker 1: with Indiana and then Georgia and Ohio State. But you
Speaker 1: have you know, at the end you had number twelve
Speaker 1: was BYU. Yet in the championship games, there's going to
Speaker 1: be and I don't know why they did this. I
Speaker 1: don't know the backstory behind this, but they put in
Speaker 1: these lower tier teams James Madison and Tulane. Now, as
Speaker 1: far as the college rankings, Tulane is number seventeen in
Speaker 1: the country and James Madison is number nineteen. And so
Speaker 1: if you're trying to have an interesting playoff situation, wouldn't
Speaker 1: you want to put the people in there that have
Speaker 1: the best chance of winning the overall championship. And I'm
Speaker 1: you know, James Madison may be a good team. Tu
Speaker 1: Lane may be a good team, but they're probably going
Speaker 1: to get blown out and blown out big in terms
Speaker 1: of their individual game. And so it was interesting to
Speaker 1: see how this played out. Who they moved ahead just
Speaker 1: remembered BYU wound up losing to Texas Tech thirty four
Speaker 1: to seven Saturday, and so that was a blowout. And
Speaker 1: in order to determine nowech Texas Tech made it into
Speaker 1: the playoffs and the fact that they blew out somebody
Speaker 1: by twenty seven points in a game that should have
Speaker 1: dropped them out, because again, how good are they if
Speaker 1: they were beaten by this team that is in the
Speaker 1: top ten by twenty seven points? So college football rankings
Speaker 1: have always been kind of weird. It's been kind of
Speaker 1: a weird system. The way they had it set up,
Speaker 1: they thought that we're going to do something good as
Speaker 1: far as these playoffs were concerned, Add more games to
Speaker 1: the schedule and so on. So you don't have a
Speaker 1: situation where just the college football writers, the Writers Association
Speaker 1: or different AP of Associated Press did their rankings and
Speaker 1: people would argue about who was number one, who was
Speaker 1: number two, and so on. The playoff system is good,
Speaker 1: but this time around it was I think screwed up.
Speaker 1: And I think they screwed up royally because again, the
Speaker 1: name of the game is number of eyes on the
Speaker 1: TV sets. How many people are going to be watching
Speaker 1: these games? And if the college rankings mean anything at all,
Speaker 1: I mean, if the CFP college football people are going
Speaker 1: to make the determination and who's going to play in
Speaker 1: the tournament itself as opposed to you know, the college
Speaker 1: rankings itself, then why have the AP rankings on a
Speaker 1: weekly basis or even talk about that and just say, well,
Speaker 1: it's just going to be up to the CFP committee anyway.
Speaker 1: That's that's my two cents worth in than that, And
Speaker 1: of course that's been devalued because they've stopped printing penny.
Speaker 1: I'm Kevin Gordon, America's struck in Network. Seven hundred WLW.
Speaker 2: Here's your trucking forecast for the Try State and the
Speaker 2: rest of the country and the Try State. Over nightclouds
Speaker 2: increased the low down to twenty one, partly Sunday. Tuesday
Speaker 2: high of forty three Claudie with rain Wednesday, then a
Speaker 2: chance of rain mixing with snow by late afternoon, a
Speaker 2: high of forty five. Thursday, mostly Claude, a slight chance
Speaker 2: of afternoon snow a high of thirty three. Nationally, the
Speaker 2: Pacific Northwest will see several days of heavy rain, while
Speaker 2: snow falls in the Northern Rockies. A clipper system bringing
Speaker 2: a period of snow across the Upper Midwest and Great
Speaker 2: Lakes region through Tuesday, while a stronger clipper system expected
Speaker 2: to bring heavy snow and high winds across the Upper
Speaker 2: Midwest Tuesday, continuing across the Great Lakes Wednesday.
Speaker 1: Seven hundred w l W. I'm Kevin Gordon. This is
Speaker 1: America struck in NETW. America's Trucking Network supports the mission
Speaker 1: or rece across America. You can hear us every truck
Speaker 1: and Tuesday at five am and ten am Eastern on
Speaker 1: REES Across America Radio, available on the iHeartRadio app. Search
Speaker 1: the word rease Now that's wr EA TS for Rees
Speaker 1: Across America Radio. And thank you to all our truckers
Speaker 1: for supporting the mission of Reese Across America. Also, the Saturday, Saturday,
Speaker 1: December the thirteenth is the day that the reef will
Speaker 1: be distributed to the individual cemeteries around the country. And
Speaker 1: again this is geared more towards the fallen soldiers in
Speaker 1: terms of these reefs. Now, if you have not joined yet,
Speaker 1: or if you've not entered or wanted to participate, or
Speaker 1: you want to participate in the ref laying ceremony, you
Speaker 1: can go to recacross America dot org and you can
Speaker 1: check that out receacross America dot org. And on there
Speaker 1: you can register at a cemetery near you. It's pretty quick,
Speaker 1: it's pretty easy. It's Saturday morning. It's only about two
Speaker 1: three hour period of time out of your day to
Speaker 1: give honor to these fallen soldiers. And again, their motto
Speaker 1: is that or what they say is that a soldier
Speaker 1: dies twice once when they take their last breath and
Speaker 1: the other when their name is no longer mentioned. And
Speaker 1: it's a beautiful cemetery ceremony taking these where hes, placing
Speaker 1: them on the tombs, and what is done is the
Speaker 1: wreath is laid and then that person's name is said
Speaker 1: out loud by the person laying the wreath, and it's
Speaker 1: really interesting. I'm not going to be able to participate
Speaker 1: in it this year. We will be down when my
Speaker 1: wife and I will be down in Nashville. We are
Speaker 1: going to be attending the Tech Rodeo from Rush Truck
Speaker 1: Centers and it's going to be a very interesting event
Speaker 1: where they bring in all of the different technicians and
Speaker 1: bodywork and people from the Bodyshop and it's going to
Speaker 1: be this tech Rodeo that's going to be going on
Speaker 1: over the weekend down in Nashville, the twentieth anniversary of
Speaker 1: that three hundred and some thousand dollars in prizes, cash prizes,
Speaker 1: and of course the overall trophy. So I'm really looking
Speaker 1: forward to being down there and it's going to be
Speaker 1: a very interesting event. Looking very forward to being there
Speaker 1: and broadcasting from down there and doing the show from
Speaker 1: down there. Of course, we'll have to record it because
Speaker 1: you know it's during the day, and then of course
Speaker 1: our show is at night, so I'm gonna have it
Speaker 1: looking forward to a lot of fun. So anyway, that's
Speaker 1: what's going on. I won't be there on Saturday, unfortunately.
Speaker 1: I really wanted to really looking forward to being there
Speaker 1: at the event. But again, if you want to go
Speaker 1: to reescross America dot org, you can register, and I
Speaker 1: think there's still time to sponsor a wreath. Even so, anyway, continuing,
Speaker 1: it's gone on a little bit longer than I had expected,
Speaker 1: but there's I just have a whole lot of thoughts
Speaker 1: and so on about this that past weekend. As far
Speaker 1: as sports are concerned, I mean, look at it. We
Speaker 1: got college back, well college football, we got the overall
Speaker 1: rankings in terms of this college football championship. In terms
Speaker 1: of playoffs series that begins, I think it's I think
Speaker 1: it begins this week. I don't know. I don't know
Speaker 1: when it begins. I think it's December the thirteenth, is
Speaker 1: what they said. So anyway, we got that going on.
Speaker 1: Of course, Sunday afternoon we had the Bengals Bills game,
Speaker 1: which you know, I again being you know, in the
Speaker 1: Cincinnati Greater Since a Northern Kentucky area, you want your
Speaker 1: team to do well. You want them to do, you know,
Speaker 1: be good on the national stage and so on. And
Speaker 1: the Bengals it just this season. A lot of years,
Speaker 1: it's this build up of we've got this talent, we've
Speaker 1: got that talent, and every year it seems like they
Speaker 1: just figure out a way of breaking our hearts along
Speaker 1: the way. And yesterday it was no different. They started
Speaker 1: off the game just on fire and we're really doing
Speaker 1: very well against the Bills. But then being the Bengals,
Speaker 1: it seemed like they kind of didn't quite finish the game,
Speaker 1: and the Bills stepped up their game, come from behind victory.
Speaker 1: I mean, it was incredible. They beat the Bengals thirty
Speaker 1: nine thirty four, which going into the last five minutes,
Speaker 1: I thought the Bengals had it sewn up. I mean,
Speaker 1: it looked like they were going to just absolutely go
Speaker 1: away with the victory. But again they broke our hearts
Speaker 1: and that's unfortunate. But what was interesting though, is looking
Speaker 1: at the different headlines from the different cities. If you
Speaker 1: look at the headlines from the Cincinnati in choir, it
Speaker 1: says Joe Burrow, Bengals falter, late and snowy loss to
Speaker 1: Josh Allen and the Bills, and the coverage of that.
Speaker 1: As far as the Buffalo Bills were concerned, they met
Speaker 1: their headline. Josh Allen carries Buffalo Bills to huge win
Speaker 1: over Cincinnati Bengals. Now, going into the game, the Bengals
Speaker 1: were four and eight, four wins, eight losses, and the
Speaker 1: Bills had the exact opposite eight wins, four losses, and
Speaker 1: so again, on paper, it appeared as though that it
Speaker 1: wasn't even going to be a close game. But the
Speaker 1: Bengals made a game out on the Bill's home turf,
Speaker 1: which was even more remarkable. But at the end, there
Speaker 1: were a couple of missteps, a couple of things that
Speaker 1: got screwed up. The Bengals kind of screwed up in
Speaker 1: the end. Their defense didn't quite hold up, although there
Speaker 1: was a couple of really great plays on the part
Speaker 1: of the defense where they actually were able to prevent
Speaker 1: two touchdowns by fumbles. And then, of course Joe Burrow
Speaker 1: throwing a couple two interceptions probably didn't hurt help the
Speaker 1: game any either, especially when you throw it an interception
Speaker 1: and it's run back for a touchdown. So again, but
Speaker 1: it was an interesting game, was interesting to watch as
Speaker 1: we were putting up Christmas decorations and doing all that
Speaker 1: sort of stuff. It was kind of an interesting thing
Speaker 1: to have that in the background and a little bit
Speaker 1: of background noises we were going on. So anyway, that's
Speaker 1: pretty much my weekend, and I hope you enjoyed listening
Speaker 1: to that, and it's just something that was interesting to
Speaker 1: me and I wanted to talk about it over the Actually,
Speaker 1: last Friday we got the or actually it was it
Speaker 1: Thursday or Friday Friday, I believe it was, we got
Speaker 1: the information the personal consumption expenditures key inflation measure. Now,
Speaker 1: of course, the Federal Reserve is set to start a
Speaker 1: meeting with their final meeting of the year starting today
Speaker 1: and into tomorrow, so tomorrow afternoon Wednesday afternoon is when
Speaker 1: they will have their press conference and determine or announce
Speaker 1: whether or not they're raising or not raising. They're not
Speaker 1: going to raise, interesting whether they're going to hold interest
Speaker 1: rates steady or whether they're going to lower interest rates.
Speaker 1: And for all the talk that we've been hearing about
Speaker 1: the Federal Reserve that they're you know that they're watchdogs
Speaker 1: or stewards of the economy. That they have two mandates,
Speaker 1: one to make sure that the job market is strong,
Speaker 1: the others to make sure that inflation is down. And
Speaker 1: they've set a target of two percent, even though inflation
Speaker 1: over the years on average has been above two percent
Speaker 1: except during the first term of the Trump administration. So
Speaker 1: they've set the bar, in my opinion, kind of high
Speaker 1: in terms of what their expectations are. But they've been
Speaker 1: very stingy in terms of lowering interest rates. And the
Speaker 1: thing that is interesting is that I was looking at
Speaker 1: some headlines and so on, and I've been talking about
Speaker 1: this for a number of weeks, number of months, even
Speaker 1: that if you look at the overnight lending rate, which
Speaker 1: is what the Federal Reserve controls, this is the overnight
Speaker 1: borrowing that I certain banks need cash reserves or cash
Speaker 1: on hand to cash checks or to give to different
Speaker 1: their customers. If they're having a big, big weekend, you know,
Speaker 1: transferring of money to like a you know, like a
Speaker 1: grocery store or any kind of a store over the
Speaker 1: weekend that is expecting a lot of cash transactions, they
Speaker 1: have to have a lot of cash on hand. So
Speaker 1: this cash is available, but if the local bank doesn't
Speaker 1: have that, then they have to borrow that from another bank,
Speaker 1: And so they've got that overnight rate, which is that
Speaker 1: four point two five four point five percent, and so
Speaker 1: but as a result of that, that also controls and
Speaker 1: kind of starts affecting the credit card rate, what you
Speaker 1: pay on your credit cards, what you pay in our
Speaker 1: car loans, what you pay on your mortgage. Those interest
Speaker 1: rates are all interconnected. You know, when one goes when
Speaker 1: the overnight rate from the Fed goes up, then some
Speaker 1: of these others go up. And of course your credit
Speaker 1: card interest rate goes up, new car loans go up.
Speaker 1: And what we're seeing in the housing market, and over
Speaker 1: the last couple of last several months, I've been talking
Speaker 1: about how in the rest of the developed world, Canada,
Speaker 1: Europe and so on, that the interest rate is down
Speaker 1: around one and a half to two percent, and here
Speaker 1: we are at above four percent as far as our
Speaker 1: overnight rate is concerned. And I think if you're trying
Speaker 1: to stimulate the economy, which everybody says that if interest
Speaker 1: rates are lower, people have more money in their pocket,
Speaker 1: they're more inclined to spend money, they're more inclined to
Speaker 1: expand the economy, and of course businesses tend to expand
Speaker 1: as well. So again hoping that the Federal Reserve gets
Speaker 1: in and through their thick skull to lower interest rates.
Speaker 1: And by the way, there's some interesting well at least
Speaker 1: a couple of places I know of where the interest
Speaker 1: rate is a lot lower than what it is in
Speaker 1: the United States. I'm Kevin Gordon, America Struck a Network
Speaker 1: seven hundred Wlwright.
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Speaker 1: So looking at this Federal Reserve and what they're meeting
Speaker 1: later on today and then tomorrow. In terms of interest rates,
Speaker 1: one of the things supposedly they pay attention to is
Speaker 1: this personal consumption expenditures. Now, in the previous segment, I
Speaker 1: was talking about interest rates, and I mentioned before that
Speaker 1: we have our daughter lives in the Netherlands, and we
Speaker 1: got to talk in the other day about you know,
Speaker 1: interest rates and what their mortgage is and what our
Speaker 1: mortgage is, and so on. And it's interesting that mortgage
Speaker 1: rates over in the Netherlands are anywhere between three and
Speaker 1: a half to four and a half percent, and yet
Speaker 1: the interest rates here in the United States as of
Speaker 1: the other day that I checked, was about six point
Speaker 1: three six percent. It's almost twice what it is in
Speaker 1: the Netherlands. And if you're trying to spur the economy,
Speaker 1: if you're trying to spur people to buy equipment expand
Speaker 1: their business, then why are our interest rates so darn high?
Speaker 1: And it's all because of lion Jerry Powell and his
Speaker 1: inability or ineptness as far as running the Federal Reserve
Speaker 1: in terms of not understanding supply side economics, the fact
Speaker 1: that he was too late and as Trump called him,
Speaker 1: too late, I call him lion Jerry Powell. Trump calls
Speaker 1: him too late Jerry Powell, because when you look at
Speaker 1: the Federal Reserve's track record over the years, even back
Speaker 1: during Alan Greenspan and some of the other people who
Speaker 1: are in charge of the Fed, they always seem to
Speaker 1: be running a little bit behind what the normal what
Speaker 1: the economy is actually doing. And if they can't keep up,
Speaker 1: and if they're supposedly the so called experts. Why the
Speaker 1: hell are they always so wrong? I mean, let's not
Speaker 1: forget that for the first year and a half of
Speaker 1: increasing inflation three percent, four percent, five percent thereabouts, which
Speaker 1: culminated in a nine point one percent inflation rate in
Speaker 1: June of twenty twenty two, the fact that they kept
Speaker 1: calling it transitory inflation, which meant that it was temporary. Oh,
Speaker 1: this is just a blip on the radar screen. It'll
Speaker 1: come down, it'll come down, it'll come down. Well, when
Speaker 1: it got the nine point one percent, obviously it wasn't transitory.
Speaker 1: And in March before that happened, they started raising interest
Speaker 1: rates to kind of slow things down, kind of slowed
Speaker 1: things down, took them too long to slow things down.
Speaker 1: So again, the Federal Reserve has always been behind in
Speaker 1: terms of reaction, and sometimes they react too much in
Speaker 1: one way or too much in the other way, whereas
Speaker 1: a lot of times if they just you know, mind,
Speaker 1: you know, just keep things steady instead of trying to
Speaker 1: control things, things would be a lot better. But anyway,
Speaker 1: that's again my opinion, and of course, as you know,
Speaker 1: I have an opinion, I'm not afraid to use it.
Speaker 1: Can inflation measure was lower than expected in September. Commerce
Speaker 1: Department said Friday in a report delayed by the government
Speaker 1: shutdown that gives further green light to the Federal Reserve
Speaker 1: to lower interest rates. The Core Personal Consumption Expenditures price index,
Speaker 1: which excludes volatile food and energy prices, indicated a point
Speaker 1: two percent monthly rise, while the annual rate was two
Speaker 1: point eight percent. The monthly rate was in line with
Speaker 1: Dow Joon consensus, but the annual level was point one
Speaker 1: percentage points lower. The core annual rate edged down from
Speaker 1: two point nine percent in August. So again heading in
Speaker 1: the right direction. Let's go back to Liberation Day, back
Speaker 1: on April to second, and back then when the tariffs
Speaker 1: were put into place, everybody was talking about this is
Speaker 1: not everybody, but there was a bunch of people that
Speaker 1: are talking about this is going to lead to a recession,
Speaker 1: this is going to lead to high inflation, this is
Speaker 1: going to do this, it's going to do that, and
Speaker 1: the economy is going to go in the tank. Well
Speaker 1: none of that came true, and yet they keep saying that, Well,
Speaker 1: you know, it's just a matter of time. It's just
Speaker 1: a matter of time. You know, at some point in
Speaker 1: time you've got to look at what is instead of
Speaker 1: what you hope it to be. You know, when you
Speaker 1: have good economic your finger on the pulse, you should
Speaker 1: know what's going on instead of this hoping and wishing
Speaker 1: kind of stuff that we're seeing, and especially from the
Speaker 1: spoon fed reggitators in the mainstream media, because again, in
Speaker 1: my opinion, they have been always trying to manufacture recession.
Speaker 1: In addition, the headline PCEE increase point three percent for
Speaker 1: the month, putting the annual inflation rate at two point
Speaker 1: eight percent. According to the Department's Bureau of Economic Analysis,
Speaker 1: both range readings were in line with the expectations, though
Speaker 1: the annual rate was up only one point one tenth
Speaker 1: of a percentage point. But the core personal consumption expenditures
Speaker 1: is what the FED generally looks at. Now, again, you
Speaker 1: have the consumer Price Index, which takes a look at
Speaker 1: everything in the economy, everything from avocados to zinc. Anything
Speaker 1: that's in there A to z is reflected in terms
Speaker 1: of what those prices have done over the period of time,
Speaker 1: and they base that as far as the consumer price index.
Speaker 1: Personal consumption expenditures, on the other hand, is what you
Speaker 1: do in the day to day business you know, in
Speaker 1: the new day to day life, you buy gasoline, You
Speaker 1: go out and you buy food, you go out and
Speaker 1: buy clothing, you buy all these things that are necessities
Speaker 1: or the things that you do on a regular basis.
Speaker 1: You don't, you know, every week, you don't go out
Speaker 1: and buy a refrigerator. Every week. You don't go out
Speaker 1: and buy a car. Every week, you don't go out
Speaker 1: and buy a air conditioner or whatever. So these major
Speaker 1: purchases are yes, they're part of the inflation rate, the
Speaker 1: consumer price index, but in terms of personal consumption, what
Speaker 1: you spend on a daily, weekly, monthly basis is what
Speaker 1: is contained in that personal consumption expenditures because that is
Speaker 1: the thing that people experience on a day to day
Speaker 1: basis terms of their own kitchen table discussions, their own
Speaker 1: kitchen table economy as to what is going on in
Speaker 1: terms of their own individual budgets. So again that's why
Speaker 1: it's such an important number. Goods prices serge point five
Speaker 1: percent of the month, as they say, and here Trump's
Speaker 1: teriffs continuing to work their way through the economy. Service
Speaker 1: prices were up just two point two percent, food rows
Speaker 1: point four, while energy was up one point seven and
Speaker 1: now those last two. If you're talking, I guess this
Speaker 1: is the numbers from September, because from September, when you
Speaker 1: look at October, November, and then so far this month,
Speaker 1: those prices have come down considerably. Food prices are down.
Speaker 1: I just saw the other day as far as our
Speaker 1: local store, eggs which had been up over three dollars
Speaker 1: for a dozen, are now being sold at a dollar
Speaker 1: forty nine. So that's basically in line with where they
Speaker 1: were a couple of years ago. When you look at
Speaker 1: things like eggs, when you look at things like beef
Speaker 1: when they're subject to drought, when you're subject to a
Speaker 1: bird flew, like the eggs, and you have to kill
Speaker 1: off flocks of chickens, well, if you don't have the chickens,
Speaker 1: the eggs aren't going to be laid. And if you
Speaker 1: have drought conditions in certain parts of the world, certain
Speaker 1: parts of the air and the country, you're going to
Speaker 1: have less cattle. As a matter of fact, I've mentioned
Speaker 1: this before, the size of the herds in the United
Speaker 1: States are now down at the level where they were
Speaker 1: back in nineteen fifty seven I believe it was, So
Speaker 1: it's back down to the level it was in the fifties.
Speaker 1: Our population has more than doubled since that period of time,
Speaker 1: so you've got more people seeking a smaller quantity, and
Speaker 1: of course those prices are going to go up. So
Speaker 1: increasing the grazing, increasing the herds increasing, possibly the import
Speaker 1: of good beef from other areas around the country, around
Speaker 1: the world, are the things that are going to keep
Speaker 1: those prices down. Now again, those are the factors that
Speaker 1: need to be looked at. You know, if you've gotten
Speaker 1: natural occurrences and you've got a disease that goes through,
Speaker 1: that should be factored in and have a weighted factor
Speaker 1: if you're talking about inflation and what that is doing.
Speaker 1: As far as the economy is concerned, personal income rose
Speaker 1: point four percent for the month, while spending was up
Speaker 1: point three percent. Income was point one percent percentage point
Speaker 1: above the forecas. So again they predicted what it was
Speaker 1: going to be and it was a little bit better
Speaker 1: than that. Odds of a rate cut when the Fed
Speaker 1: convenes this week are at eighty seven percent. I've seen
Speaker 1: numbers around ninety percent. Now, of course, there's going to
Speaker 1: be a little bit of contention. This could be one
Speaker 1: of the most contentious Federal Reserve meetings, because there's a
Speaker 1: faction that says that interest rates should stay the same,
Speaker 1: while there's others that say it should be cut. Kevin
Speaker 1: Gordon faction says it should be reduced at least a
Speaker 1: quarter percent, if not a full percentage point. And then
Speaker 1: of course they had the University. We may have to
Speaker 1: get into this tomorrow with the University of Michigan consumer survey.
Speaker 1: Of course, they're down playing this. They keep talking about
Speaker 1: these consumer sentiment, consumer surveys and so on as to
Speaker 1: whether or not as far as the strength of the economy, well,
Speaker 1: it's interesting that they throw here a side note at
Speaker 1: the end, at the end of the story Consumer the
Speaker 1: Michigan University of Michigan, the consumer survey came in at
Speaker 1: fifty three point three, up four point five percent from November,
Speaker 1: better than Wall Street's estimate of fifty two. So from
Speaker 1: that aspect in terms of these economy and what people
Speaker 1: are perceived as far as the economy is concerned, that's up.
Speaker 1: We're seeing a lot of good economic news. And I
Speaker 1: thought it was interesting in one of the stories that
Speaker 1: usually there is a chart a companying the Personal Consumption
Speaker 1: Expenditures Index, which shows the personal consumption expenditures index from
Speaker 1: twenty twenty one up until the current date. And it's
Speaker 1: interesting when you look at twenty twenty two and twenty
Speaker 1: twenty three, when those numbers were above seven percent, the
Speaker 1: consumer personal consumption all above the four point range up
Speaker 1: until towards the tail end of twenty twenty three. So
Speaker 1: I guess with this narrative that we're now talking about affordability,
Speaker 1: I guess they want to forget what was done over
Speaker 1: the last four years and talk about that in terms
Speaker 1: of affordability as opposed to what it actually is. Interestingly enough,
Speaker 1: in terms of affordability, taking a look at oil and
Speaker 1: gas prices is kind of interesting that oil is falling.
Speaker 1: But on a side note, I want to mention the
Speaker 1: fact that when you look at the national average for gasoline,
Speaker 1: national average is now below three percent or three dollars
Speaker 1: on across the board. Interesting in my neighborhood gas is
Speaker 1: at two dollars and sixty two cents, which the national average.
Speaker 1: If you look at that, we are actually at one
Speaker 1: of the low ends, at least in our county in
Speaker 1: terms of the entire country. Well, just some very good
Speaker 1: economic news there. So anyway, folks, We're up against glockhair.
Speaker 1: Stay tuned for red Eye Radio, a top the hour.
Speaker 1: I'm Kevin Gordon, America's Trucking Network seven hundred WLW