WEBVTT - 12-9-25 America's Truckin' Network

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

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<v Speaker 1>Thanks for tuning in on this Tuesday morning. Hope everybody

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<v Speaker 1>had a great weekend. I'll tell you what it was,

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<v Speaker 1>kind of an interest and what not, a kind of

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<v Speaker 1>it was a very interesting weekend this past weekend, and

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<v Speaker 1>we finally got our Christmas decorations up. And we thought

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<v Speaker 1>we were kind of late in terms of doing that

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<v Speaker 1>because we always, you know, driving around, you see people

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<v Speaker 1>that have already had their Christmas decorations up before Thanksgiving.

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<v Speaker 1>I just don't I just don't buy into that. I'm

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<v Speaker 1>not into this early celebration because then by the time

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<v Speaker 1>Christmas comes around, you're pretty much tired of seeing the decorations.

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<v Speaker 1>A lot of people had their Christmas decorations up before Thanksgiving,

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<v Speaker 1>which I think is a little bit early, but with

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<v Speaker 1>that weekend afterwards that generally when a lot of people

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<v Speaker 1>put their decorations up. But we were running well what

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<v Speaker 1>we thought was a little late. But then as we

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<v Speaker 1>started seeing some of the reports and talking to people

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<v Speaker 1>and listening and watching on Facebook, we're pretty much in line.

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<v Speaker 1>So don't feel too bad about getting our stuff up

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<v Speaker 1>the way we got our stuff up, which was a

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<v Speaker 1>lot of fun, big weekend as far as sports is concerned,

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<v Speaker 1>And normally I don't talk a lot about sports on

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<v Speaker 1>this program because after all, it is America's truck a network,

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<v Speaker 1>and so we generally stick to economic news because as

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<v Speaker 1>the reports from American Transportation Research Institute says that that

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<v Speaker 1>is one of the main concerns of you out there

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<v Speaker 1>on the road, that driving around and worrying about the economy.

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<v Speaker 1>And with my point has been along all along is

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<v Speaker 1>that what we're hearing from the spoon fed regurgitators of

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<v Speaker 1>the mainstream media is not what is going on, and

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<v Speaker 1>that looking at some of these stories and reading between

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<v Speaker 1>the lines and seeing the positives in there, the headlines

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<v Speaker 1>don't always match what the story says. And so my

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<v Speaker 1>point on this program is to try to not try

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<v Speaker 1>to but to get the truth out so that people

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<v Speaker 1>know where the economy is, how strong the economy actually

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<v Speaker 1>is despite all the negativity from the spoon federalc urgitators

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<v Speaker 1>in the mainstream media. So again with that and said

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<v Speaker 1>I don't normally talk a lot about sports, but it

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<v Speaker 1>was very interesting weekends. Starting off from Friday, I almost

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<v Speaker 1>hit the trifecta this weekend in terms of teams that

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<v Speaker 1>I thought were gonna win. Anyway, Friday night here in

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<v Speaker 1>Cincinnati was a Crosstown shootout. Now, this is a game

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<v Speaker 1>between University of Cincinnati and Xavier University, my alma mater,

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<v Speaker 1>and Xavier won the Crosstown shootout. They were not expected

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<v Speaker 1>to win. They were, you know, watching the pregame information

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<v Speaker 1>and you know, they have the panel it was the

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<v Speaker 1>show or the game was televised on TNT turna network television,

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<v Speaker 1>and the four panelists we're talking about, well who you

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<v Speaker 1>choosing tonight? Who do you think is going to win?

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<v Speaker 1>And all four of them thought, you see, was gonna win.

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<v Speaker 1>And on paper it appeared as though that they had

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<v Speaker 1>the stronger team, bigger team, better team, et cetera. However,

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<v Speaker 1>that's why you play the game. And you know they

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<v Speaker 1>were trying to downplay this, and you know, for those

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<v Speaker 1>of you who are not familiar with us, I mean,

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<v Speaker 1>this is a big game. And of course my alma mater,

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<v Speaker 1>Xavier on the Crosstown shootout. Now, just to kind of

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<v Speaker 1>give you a little bit of background on this, Zavier

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<v Speaker 1>University has a student body of six thousand students, you

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<v Speaker 1>see has fifty thousand. We are separated there, separated by

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<v Speaker 1>only three miles. A lot of these players in the

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<v Speaker 1>past used to play in these summer leagues around the

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<v Speaker 1>town and so the importance of this game was the

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<v Speaker 1>bragging rights on those during those games during the summer league,

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<v Speaker 1>which is kind of faded by the wayside. Before Xavier

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<v Speaker 1>University dropped football back in nineteen seventy three, that was

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<v Speaker 1>referred to as the Crosstown Shootout for the Xavier U

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<v Speaker 1>See football game every year and on par Xavier had

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<v Speaker 1>a pretty good record against UC. It's one of those

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<v Speaker 1>games kind of like the Ohio State Michigan game. It

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<v Speaker 1>really doesn't matter what the what the record is. When

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<v Speaker 1>you go into that game because of the rivalry, people

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<v Speaker 1>are playing a little bit better than what they normally

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<v Speaker 1>would pay play with a lot more intensity because they're,

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<v Speaker 1>you know, just because it's a rival. And leading up

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<v Speaker 1>to the game, Xavier's first year head coach head coach

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<v Speaker 1>for the first year, Richard Patino, who is Rick Patino's son,

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<v Speaker 1>they were interviewing him and they said, well, how are

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<v Speaker 1>you know, because the city really gets into this and

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<v Speaker 1>the of course the alumni that live in the city.

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<v Speaker 1>The Xavier alumni and U SEE alumni. It's kind of

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<v Speaker 1>a kind of a clash there type of thing. And

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<v Speaker 1>they were interviewing him and said, well, what are you

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<v Speaker 1>preparation for the game? And we don't prepare any different

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<v Speaker 1>for this game. Uh, it's just another game on this schedule.

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<v Speaker 1>We don't make any more emphasis on it more than

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<v Speaker 1>anything else. And a lot of the people that have

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<v Speaker 1>been here for a number of years and the sportscasters

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<v Speaker 1>and whatever said, you know, it's funny every time a

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<v Speaker 1>new coach comes in, whether it's for UC or Xavier,

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<v Speaker 1>they always say the same thing until after the game

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<v Speaker 1>and they say, I had no clue how big this

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<v Speaker 1>game was and the intensity and the rivalry, especially in

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<v Speaker 1>the student body and in the stands, and so from

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<v Speaker 1>that aspect, I think there was a little bit of

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<v Speaker 1>a surprise as far as Richard Patino was concerned in

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<v Speaker 1>terms of that. Now, what's interesting is that when I

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<v Speaker 1>was watching the game, we call it the Crosstown Shootout. Now,

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<v Speaker 1>the TNT sportscasters they were kept referring to it as

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<v Speaker 1>the Crosstown Showdown. I guess they're probably being a little

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<v Speaker 1>bit pc as far as that's concerned, a little politically

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<v Speaker 1>politically correct. I mean, because you know you can't well

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<v Speaker 1>you know, you can't have shots. You can't have shoot

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<v Speaker 1>it can't be a shootout for crying out loud. That

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<v Speaker 1>kind of kind of gives some sort of other connotation

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<v Speaker 1>to it, which is a load of crap, because if

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<v Speaker 1>you're going to do that, well then maybe you should

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<v Speaker 1>change some of the terms. You'd eliminate the shot clock,

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<v Speaker 1>don't talk about the three point shots, you don't talk

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<v Speaker 1>about the number of shots that a player made during

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<v Speaker 1>the game, and all that sort of stuff. But I

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<v Speaker 1>thought it was kind of interesting, just kind of an

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<v Speaker 1>a side note. So anyway, as far as the game

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<v Speaker 1>was concerned, Xavery won the game seventy seventy four, which

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<v Speaker 1>was very interesting. Xavier beat the Bearcats for the eight

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<v Speaker 1>sixth time in last seven meetings, which is very interesting. Again,

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<v Speaker 1>the team usually is on bragging rights, which is based

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<v Speaker 1>on bragging rights around the city. Forward Trey Carroll scored

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<v Speaker 1>a high career high thirty points as Xavier Musketeer has

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<v Speaker 1>defeated since Santy Baracats seventy nine seventy four in the

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<v Speaker 1>Crossdown shootout since at the Sintas Center of Friday Night,

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<v Speaker 1>Beat you again, bait beat you see, And somewhere in here,

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<v Speaker 1>I think I've got the note that Xavier has won.

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<v Speaker 1>Actually you See has not, And this was a home

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<v Speaker 1>game for Xavier, and the you See has not won

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<v Speaker 1>on x U's home court since two thousand and one.

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<v Speaker 1>So this is like because it's usually you know, home

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<v Speaker 1>and away. You know, one one year it's at you See,

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<v Speaker 1>one year it's at Xavier, and flip back and forth

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<v Speaker 1>and so on. So since two thousand and one, you

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<v Speaker 1>See has not beat Xavier on their own home court.

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<v Speaker 1>So that was interesting. It was bragging rights and so on.

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<v Speaker 1>This Trey Carroll and again they tried to downplay the

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<v Speaker 1>significance of this game and everything. But I think the

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<v Speaker 1>individual students themselves, even though some of them transferred in,

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<v Speaker 1>and I think they said at the beginning of the game,

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<v Speaker 1>only one player on either team had experienced the Crosstown

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<v Speaker 1>shootout before. And I don't know what happened as far

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<v Speaker 1>as Trey Trey Carroll is concerned, but he's a transfer

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<v Speaker 1>student in and I think he's going going to be

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<v Speaker 1>I think he's a senior, so he's only going to

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<v Speaker 1>be here one year. But apparently he really got into

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<v Speaker 1>the motivation of this game again a career high. And

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<v Speaker 1>at the end of the game, you could just see

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<v Speaker 1>the excitement on his face and he was just so

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<v Speaker 1>excited and just running around the court and you know,

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<v Speaker 1>showing the Xavier shirt and everything. I mean, it was incredible.

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<v Speaker 1>And then the interview afterwards, what a great young man.

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<v Speaker 1>He said, well, what are you gonna do? Are you

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<v Speaker 1>gonna go out with your friends tonight? And he goes, no,

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<v Speaker 1>he isn't. Any point he turned around, he pointed, and

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<v Speaker 1>he says, my family came in for the game, and

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<v Speaker 1>my wife is up there because he got married in

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<v Speaker 1>the off season, which is interesting. And he said, I'm gonna,

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<v Speaker 1>you know, just go out to dinner with my family,

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<v Speaker 1>get get some sleep tonight and go to bed early

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<v Speaker 1>and so on. I'm not going to do anything stupid

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<v Speaker 1>and so on. But and the after game or after

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<v Speaker 1>the postgame interview, a couple of the people on set,

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<v Speaker 1>I can't remember the two, but apparently they had played

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<v Speaker 1>college basketball before and they said, well, that is a

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<v Speaker 1>remarkable young man because he said he's not going to

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<v Speaker 1>go out and do anything stupid, which is certainly different

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<v Speaker 1>than what we did when we were in school, so

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<v Speaker 1>it was kind of interesting from that aspect. Also, going

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<v Speaker 1>into the weekend, we had the Indiana University OSU game,

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<v Speaker 1>both teams being undefeated, Big Ten Championship and a big

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<v Speaker 1>a whole lot on the line there, which was kind

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<v Speaker 1>of interesting, kind of interesting as far as some of

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<v Speaker 1>the backstory there, we'll pick that up on the other side.

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<v Speaker 1>I'm Kevin Gordon, America's Trucking Network, seven hundred WLW, one

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<v Speaker 1>hundred WLW. I started at the beginning of the show saying,

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<v Speaker 1>you know, I usually don't talk a lot about sports

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<v Speaker 1>on this program, again because it is America's truck in Network,

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<v Speaker 1>And if you missed any of that or missing their

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<v Speaker 1>previous shows, make sure you hit up that iHeartRadio app

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<v Speaker 1>brought to you Buyer Friends at Rust Truck Centers. But

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<v Speaker 1>this weekend was interesting from the standpoint that again we

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<v Speaker 1>had the Crosstown Shootout x U versus UC University of Cincinnati,

0:10:08.640 --> 0:10:12.600
<v Speaker 1>Miama Maters Avery University won that game seventy nine seventy four,

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<v Speaker 1>which was an upset victory. Then on Saturday, we had

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<v Speaker 1>the Big Ten Championship Indiana University High State University ranked

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<v Speaker 1>one and two. A High State was ranked number one,

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<v Speaker 1>Indiana was ranked number two. Very interesting game the Big

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<v Speaker 1>Ten championship and the national title on the line, and

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<v Speaker 1>of course then on Sunday we had the Bengals versus

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<v Speaker 1>the Bills. So but anyway, the Indiana game was it

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<v Speaker 1>was very interesting. I grew up, I mentioned before, I

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<v Speaker 1>grew up in Columbus, Ohio, so I do have kind

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<v Speaker 1>of a soft spot in my heart for them. However,

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<v Speaker 1>my dad went to Notre Dame, so we were big

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<v Speaker 1>Notre Dame fans growing up, and not so much OSU

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<v Speaker 1>only from the standpoint that you know, if OSU is

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<v Speaker 1>playing any other team, I'm for OSU until they played

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<v Speaker 1>Notre Dame or something along those lines. But you always

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<v Speaker 1>want your hometown team or your home state team to

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<v Speaker 1>do well, and so you know, it wasn't necessary a

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<v Speaker 1>cheer for Ohio State, and of course I always want

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<v Speaker 1>them to beat Michigan and that type of thing. But

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<v Speaker 1>this particular game against Indiana was unique in a lot

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<v Speaker 1>of instances. The fact that they were able to win

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<v Speaker 1>thirteen to ten, which was a low scoring game between

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<v Speaker 1>these two teams, which is very interesting. It was the long.

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<v Speaker 1>It was the longest, very long. I don't know if

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<v Speaker 1>it was a record losing streak. Indiana had not beat

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<v Speaker 1>OSU Ohio State University since nineteen eighty eight, thirty seven years.

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<v Speaker 1>They hadn't beaten them, and of course, you know, again

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<v Speaker 1>according to statistics and according to the strength of schedule,

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<v Speaker 1>and even though they were ranked number one and number two,

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<v Speaker 1>I don't think anybody was really giving Indiana any chance

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<v Speaker 1>of winning that game, simply because as an overpowering offense.

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<v Speaker 1>Now High State won the national championship last year. So

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<v Speaker 1>kind of in heart of hearts, you know, living here

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<v Speaker 1>in the living in the Tri state area around the Ohio,

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<v Speaker 1>Kentucky and Indiana corner there in southwest Ohio, you know,

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<v Speaker 1>we do have some a little bit of an affiliation

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<v Speaker 1>or so on with Indiana, and I was kind of

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<v Speaker 1>hoping that Indiana would knock off OSU because they have

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<v Speaker 1>been getting a little cocky and so on. So I

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<v Speaker 1>was actually pleased to watch it, even though I knew

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<v Speaker 1>both teams were going to wind up in the playoffs

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<v Speaker 1>at college playoffs, you know, having Indiana win. And the

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<v Speaker 1>other thing too, is that Indiana has not won the

0:12:43.040 --> 0:12:49.040
<v Speaker 1>big Ten championship since nineteen sixty seven, fifty eight years,

0:12:49.640 --> 0:12:53.160
<v Speaker 1>Indiana has been one of these teams that has generally

0:12:53.280 --> 0:12:56.079
<v Speaker 1>a pretty decent record, but they have probably one of

0:12:56.160 --> 0:12:59.120
<v Speaker 1>the worst. I think they were saying that Indiana, in

0:12:59.240 --> 0:13:01.839
<v Speaker 1>terms of their record over the years, has one of

0:13:01.880 --> 0:13:04.800
<v Speaker 1>the worst in the Big Ten. You know, it's kind

0:13:04.800 --> 0:13:08.079
<v Speaker 1>of a so so program, never been very prominent and

0:13:08.160 --> 0:13:10.240
<v Speaker 1>so on. But the last couple of years, the new

0:13:10.280 --> 0:13:14.400
<v Speaker 1>coach there, his name escapes me now, but really built

0:13:14.480 --> 0:13:17.719
<v Speaker 1>up the university there, built up the team, really made

0:13:17.760 --> 0:13:19.640
<v Speaker 1>an effort here, and it was a It was an

0:13:19.679 --> 0:13:22.160
<v Speaker 1>exciting game, it was very interesting to watch. But the

0:13:22.679 --> 0:13:26.200
<v Speaker 1>mere fact that they had not beat Ohio State in

0:13:26.360 --> 0:13:29.480
<v Speaker 1>thirty seven years and had not won the Big Ten

0:13:30.040 --> 0:13:33.560
<v Speaker 1>championship in fifty eight it was a huge day and

0:13:33.600 --> 0:13:39.200
<v Speaker 1>a huge thing for Indiana IU Indiana University. Then we

0:13:39.240 --> 0:13:41.520
<v Speaker 1>had the of course, we had the Bengals game, and

0:13:41.520 --> 0:13:46.000
<v Speaker 1>then about six o'clock Sunday night, they did these college

0:13:46.040 --> 0:13:47.760
<v Speaker 1>rankings and who was going to be in and who

0:13:47.880 --> 0:13:50.280
<v Speaker 1>was going to be out of the college playoffs, which

0:13:50.400 --> 0:13:54.920
<v Speaker 1>to me wind up being an absolute joke. It's a

0:13:54.960 --> 0:13:59.400
<v Speaker 1>twelve team field, and again I don't talk much about sports,

0:13:59.400 --> 0:14:01.640
<v Speaker 1>but you know, these kind of things that's on my mind,

0:14:01.679 --> 0:14:03.640
<v Speaker 1>these kind of things that are of interest to me.

0:14:04.080 --> 0:14:06.800
<v Speaker 1>And I've found over the years that if I find

0:14:06.840 --> 0:14:09.199
<v Speaker 1>something interesting, there's a whole lot of people out there

0:14:09.240 --> 0:14:14.560
<v Speaker 1>that find it interesting as well. So well, anyway, it's

0:14:14.600 --> 0:14:16.400
<v Speaker 1>interesting to me, and I thought that some of the

0:14:16.480 --> 0:14:20.000
<v Speaker 1>dynamics behind this. Now there's a twelve team that were

0:14:20.000 --> 0:14:23.080
<v Speaker 1>selected and all during the Ohio State Michigan or Ohio

0:14:23.160 --> 0:14:27.040
<v Speaker 1>State Indiana game and some of the other games. Let

0:14:27.080 --> 0:14:30.280
<v Speaker 1>me see, it was BYU and off the top of

0:14:30.360 --> 0:14:32.000
<v Speaker 1>my head, I can't remember off the top of my

0:14:32.000 --> 0:14:34.760
<v Speaker 1>head who they played. But there were all these games

0:14:34.760 --> 0:14:37.440
<v Speaker 1>that were coming down to some of these teams that

0:14:37.440 --> 0:14:39.200
<v Speaker 1>were on the bubble whether they were going to get

0:14:39.200 --> 0:14:42.840
<v Speaker 1>in or not. And it was interesting to see a

0:14:42.880 --> 0:14:47.240
<v Speaker 1>couple of these teams actually got blown out and even

0:14:47.280 --> 0:14:50.960
<v Speaker 1>though that they were still high ranked. And during the game,

0:14:51.000 --> 0:14:52.800
<v Speaker 1>they were showing all these people that were part of

0:14:52.800 --> 0:14:55.480
<v Speaker 1>the selection committee and they were sitting there with their

0:14:55.520 --> 0:14:58.400
<v Speaker 1>computers and their notes and everything, and they were making

0:14:58.440 --> 0:15:04.680
<v Speaker 1>their determination. Team football field playoff was announced on Sunday

0:15:05.680 --> 0:15:09.400
<v Speaker 1>and Notre Dame was left out and a couple of

0:15:09.400 --> 0:15:11.880
<v Speaker 1>other teams that should have been in there were also

0:15:12.000 --> 0:15:14.640
<v Speaker 1>left out. The Fighting Irish to ten and to two

0:15:14.760 --> 0:15:17.280
<v Speaker 1>were the first team left out of the field, and

0:15:17.360 --> 0:15:21.000
<v Speaker 1>Miami ten and two received the last at large spot,

0:15:21.320 --> 0:15:25.240
<v Speaker 1>moving up two spots to number ten after the twelve

0:15:25.320 --> 0:15:31.440
<v Speaker 1>person CFP selection committee ultimately decided head had results. The

0:15:31.520 --> 0:15:34.240
<v Speaker 1>Hurricanes defeated the Fighting Irish of course first game of

0:15:34.280 --> 0:15:37.160
<v Speaker 1>the season, twenty seven to twenty four in their August

0:15:37.240 --> 0:15:40.360
<v Speaker 1>thirty first opener, so they kind of made that the

0:15:40.360 --> 0:15:43.360
<v Speaker 1>determining factor as to whether or not Notre Dame made

0:15:43.360 --> 0:15:46.840
<v Speaker 1>it in. But what was interesting is that if you

0:15:46.920 --> 0:15:53.000
<v Speaker 1>go to the AP rankings, which is interesting, the AP

0:15:53.480 --> 0:15:56.480
<v Speaker 1>did their rankings at the end of the season, and

0:15:56.760 --> 0:16:00.120
<v Speaker 1>they had the number one, number two, number three team.

0:16:00.800 --> 0:16:03.560
<v Speaker 1>As far as who was going to be ranked, and

0:16:03.640 --> 0:16:06.000
<v Speaker 1>if you go through the top twelve, in my opinion

0:16:06.440 --> 0:16:10.560
<v Speaker 1>for the college National Championship game, it should be the

0:16:10.600 --> 0:16:14.920
<v Speaker 1>top twelve teams in the country, and you start off

0:16:14.960 --> 0:16:18.200
<v Speaker 1>with Indiana and then Georgia and Ohio State. But you

0:16:18.280 --> 0:16:21.920
<v Speaker 1>have you know, at the end you had number twelve

0:16:22.080 --> 0:16:27.760
<v Speaker 1>was BYU. Yet in the championship games, there's going to

0:16:27.800 --> 0:16:30.320
<v Speaker 1>be and I don't know why they did this. I

0:16:30.480 --> 0:16:34.120
<v Speaker 1>don't know the backstory behind this, but they put in

0:16:34.200 --> 0:16:39.840
<v Speaker 1>these lower tier teams James Madison and Tulane. Now, as

0:16:39.840 --> 0:16:44.200
<v Speaker 1>far as the college rankings, Tulane is number seventeen in

0:16:44.240 --> 0:16:48.400
<v Speaker 1>the country and James Madison is number nineteen. And so

0:16:48.520 --> 0:16:52.680
<v Speaker 1>if you're trying to have an interesting playoff situation, wouldn't

0:16:52.720 --> 0:16:54.760
<v Speaker 1>you want to put the people in there that have

0:16:54.840 --> 0:16:58.680
<v Speaker 1>the best chance of winning the overall championship. And I'm

0:16:59.240 --> 0:17:01.520
<v Speaker 1>you know, James Madison may be a good team. Tu

0:17:01.600 --> 0:17:04.600
<v Speaker 1>Lane may be a good team, but they're probably going

0:17:04.680 --> 0:17:07.679
<v Speaker 1>to get blown out and blown out big in terms

0:17:07.720 --> 0:17:11.399
<v Speaker 1>of their individual game. And so it was interesting to

0:17:11.440 --> 0:17:16.639
<v Speaker 1>see how this played out. Who they moved ahead just

0:17:16.960 --> 0:17:24.720
<v Speaker 1>remembered BYU wound up losing to Texas Tech thirty four

0:17:25.080 --> 0:17:29.679
<v Speaker 1>to seven Saturday, and so that was a blowout. And

0:17:29.720 --> 0:17:33.560
<v Speaker 1>in order to determine nowech Texas Tech made it into

0:17:33.840 --> 0:17:37.680
<v Speaker 1>the playoffs and the fact that they blew out somebody

0:17:37.480 --> 0:17:42.760
<v Speaker 1>by twenty seven points in a game that should have

0:17:43.080 --> 0:17:46.600
<v Speaker 1>dropped them out, because again, how good are they if

0:17:46.600 --> 0:17:49.040
<v Speaker 1>they were beaten by this team that is in the

0:17:49.040 --> 0:17:55.400
<v Speaker 1>top ten by twenty seven points? So college football rankings

0:17:55.400 --> 0:17:58.040
<v Speaker 1>have always been kind of weird. It's been kind of

0:17:58.040 --> 0:17:59.960
<v Speaker 1>a weird system. The way they had it set up,

0:18:00.200 --> 0:18:02.080
<v Speaker 1>they thought that we're going to do something good as

0:18:02.080 --> 0:18:04.840
<v Speaker 1>far as these playoffs were concerned, Add more games to

0:18:04.880 --> 0:18:07.199
<v Speaker 1>the schedule and so on. So you don't have a

0:18:07.240 --> 0:18:11.399
<v Speaker 1>situation where just the college football writers, the Writers Association

0:18:11.960 --> 0:18:16.199
<v Speaker 1>or different AP of Associated Press did their rankings and

0:18:16.400 --> 0:18:18.920
<v Speaker 1>people would argue about who was number one, who was

0:18:19.000 --> 0:18:21.480
<v Speaker 1>number two, and so on. The playoff system is good,

0:18:21.520 --> 0:18:25.320
<v Speaker 1>but this time around it was I think screwed up.

0:18:25.359 --> 0:18:28.399
<v Speaker 1>And I think they screwed up royally because again, the

0:18:28.480 --> 0:18:30.960
<v Speaker 1>name of the game is number of eyes on the

0:18:31.000 --> 0:18:33.320
<v Speaker 1>TV sets. How many people are going to be watching

0:18:33.359 --> 0:18:37.560
<v Speaker 1>these games? And if the college rankings mean anything at all,

0:18:37.840 --> 0:18:43.800
<v Speaker 1>I mean, if the CFP college football people are going

0:18:43.840 --> 0:18:46.080
<v Speaker 1>to make the determination and who's going to play in

0:18:46.119 --> 0:18:49.439
<v Speaker 1>the tournament itself as opposed to you know, the college

0:18:49.480 --> 0:18:52.919
<v Speaker 1>rankings itself, then why have the AP rankings on a

0:18:52.920 --> 0:18:55.840
<v Speaker 1>weekly basis or even talk about that and just say, well,

0:18:55.840 --> 0:18:58.560
<v Speaker 1>it's just going to be up to the CFP committee anyway.

0:18:58.600 --> 0:19:01.520
<v Speaker 1>That's that's my two cents worth in than that, And

0:19:01.560 --> 0:19:04.679
<v Speaker 1>of course that's been devalued because they've stopped printing penny.

0:19:05.040 --> 0:19:15.160
<v Speaker 1>I'm Kevin Gordon, America's struck in Network. Seven hundred WLW.

0:19:16.080 --> 0:19:18.280
<v Speaker 2>Here's your trucking forecast for the Try State and the

0:19:18.320 --> 0:19:20.640
<v Speaker 2>rest of the country and the Try State. Over nightclouds

0:19:20.680 --> 0:19:23.119
<v Speaker 2>increased the low down to twenty one, partly Sunday. Tuesday

0:19:23.160 --> 0:19:25.679
<v Speaker 2>high of forty three Claudie with rain Wednesday, then a

0:19:25.760 --> 0:19:27.760
<v Speaker 2>chance of rain mixing with snow by late afternoon, a

0:19:27.840 --> 0:19:30.800
<v Speaker 2>high of forty five. Thursday, mostly Claude, a slight chance

0:19:30.800 --> 0:19:33.919
<v Speaker 2>of afternoon snow a high of thirty three. Nationally, the

0:19:33.960 --> 0:19:36.800
<v Speaker 2>Pacific Northwest will see several days of heavy rain, while

0:19:36.840 --> 0:19:39.800
<v Speaker 2>snow falls in the Northern Rockies. A clipper system bringing

0:19:39.840 --> 0:19:41.920
<v Speaker 2>a period of snow across the Upper Midwest and Great

0:19:42.000 --> 0:19:45.280
<v Speaker 2>Lakes region through Tuesday, while a stronger clipper system expected

0:19:45.280 --> 0:19:47.440
<v Speaker 2>to bring heavy snow and high winds across the Upper

0:19:47.480 --> 0:19:50.320
<v Speaker 2>Midwest Tuesday, continuing across the Great Lakes Wednesday.

0:19:55.560 --> 0:19:59.000
<v Speaker 1>Seven hundred w l W. I'm Kevin Gordon. This is

0:19:59.000 --> 0:20:02.399
<v Speaker 1>America struck in NETW. America's Trucking Network supports the mission

0:20:02.440 --> 0:20:05.639
<v Speaker 1>or rece across America. You can hear us every truck

0:20:05.640 --> 0:20:08.919
<v Speaker 1>and Tuesday at five am and ten am Eastern on

0:20:09.000 --> 0:20:14.119
<v Speaker 1>REES Across America Radio, available on the iHeartRadio app. Search

0:20:14.280 --> 0:20:19.480
<v Speaker 1>the word rease Now that's wr EA TS for Rees

0:20:19.520 --> 0:20:22.440
<v Speaker 1>Across America Radio. And thank you to all our truckers

0:20:22.480 --> 0:20:28.000
<v Speaker 1>for supporting the mission of Reese Across America. Also, the Saturday, Saturday,

0:20:28.280 --> 0:20:32.240
<v Speaker 1>December the thirteenth is the day that the reef will

0:20:32.280 --> 0:20:36.960
<v Speaker 1>be distributed to the individual cemeteries around the country. And

0:20:37.000 --> 0:20:41.199
<v Speaker 1>again this is geared more towards the fallen soldiers in

0:20:41.280 --> 0:20:45.879
<v Speaker 1>terms of these reefs. Now, if you have not joined yet,

0:20:46.000 --> 0:20:49.000
<v Speaker 1>or if you've not entered or wanted to participate, or

0:20:49.320 --> 0:20:53.280
<v Speaker 1>you want to participate in the ref laying ceremony, you

0:20:53.320 --> 0:20:57.760
<v Speaker 1>can go to recacross America dot org and you can

0:20:57.920 --> 0:21:02.560
<v Speaker 1>check that out receacross America dot org. And on there

0:21:02.680 --> 0:21:07.399
<v Speaker 1>you can register at a cemetery near you. It's pretty quick,

0:21:07.480 --> 0:21:11.080
<v Speaker 1>it's pretty easy. It's Saturday morning. It's only about two

0:21:11.200 --> 0:21:13.520
<v Speaker 1>three hour period of time out of your day to

0:21:14.040 --> 0:21:17.240
<v Speaker 1>give honor to these fallen soldiers. And again, their motto

0:21:17.480 --> 0:21:20.159
<v Speaker 1>is that or what they say is that a soldier

0:21:20.200 --> 0:21:23.479
<v Speaker 1>dies twice once when they take their last breath and

0:21:23.520 --> 0:21:25.919
<v Speaker 1>the other when their name is no longer mentioned. And

0:21:25.960 --> 0:21:30.560
<v Speaker 1>it's a beautiful cemetery ceremony taking these where hes, placing

0:21:30.600 --> 0:21:34.280
<v Speaker 1>them on the tombs, and what is done is the

0:21:34.320 --> 0:21:37.720
<v Speaker 1>wreath is laid and then that person's name is said

0:21:37.880 --> 0:21:40.360
<v Speaker 1>out loud by the person laying the wreath, and it's

0:21:40.440 --> 0:21:43.000
<v Speaker 1>really interesting. I'm not going to be able to participate

0:21:43.040 --> 0:21:45.919
<v Speaker 1>in it this year. We will be down when my

0:21:45.960 --> 0:21:48.120
<v Speaker 1>wife and I will be down in Nashville. We are

0:21:48.119 --> 0:21:51.960
<v Speaker 1>going to be attending the Tech Rodeo from Rush Truck

0:21:52.000 --> 0:21:54.680
<v Speaker 1>Centers and it's going to be a very interesting event

0:21:54.720 --> 0:21:57.439
<v Speaker 1>where they bring in all of the different technicians and

0:21:57.800 --> 0:22:00.879
<v Speaker 1>bodywork and people from the Bodyshop and it's going to

0:22:00.920 --> 0:22:03.320
<v Speaker 1>be this tech Rodeo that's going to be going on

0:22:03.400 --> 0:22:06.399
<v Speaker 1>over the weekend down in Nashville, the twentieth anniversary of

0:22:06.440 --> 0:22:10.880
<v Speaker 1>that three hundred and some thousand dollars in prizes, cash prizes,

0:22:11.160 --> 0:22:13.960
<v Speaker 1>and of course the overall trophy. So I'm really looking

0:22:14.000 --> 0:22:15.760
<v Speaker 1>forward to being down there and it's going to be

0:22:15.800 --> 0:22:18.760
<v Speaker 1>a very interesting event. Looking very forward to being there

0:22:19.000 --> 0:22:22.080
<v Speaker 1>and broadcasting from down there and doing the show from

0:22:22.080 --> 0:22:25.399
<v Speaker 1>down there. Of course, we'll have to record it because

0:22:25.520 --> 0:22:27.520
<v Speaker 1>you know it's during the day, and then of course

0:22:27.560 --> 0:22:29.440
<v Speaker 1>our show is at night, so I'm gonna have it

0:22:29.600 --> 0:22:31.960
<v Speaker 1>looking forward to a lot of fun. So anyway, that's

0:22:32.000 --> 0:22:34.680
<v Speaker 1>what's going on. I won't be there on Saturday, unfortunately.

0:22:35.400 --> 0:22:37.960
<v Speaker 1>I really wanted to really looking forward to being there

0:22:38.000 --> 0:22:40.080
<v Speaker 1>at the event. But again, if you want to go

0:22:40.119 --> 0:22:43.879
<v Speaker 1>to reescross America dot org, you can register, and I

0:22:43.920 --> 0:22:48.960
<v Speaker 1>think there's still time to sponsor a wreath. Even so, anyway, continuing,

0:22:49.160 --> 0:22:51.440
<v Speaker 1>it's gone on a little bit longer than I had expected,

0:22:51.480 --> 0:22:53.600
<v Speaker 1>but there's I just have a whole lot of thoughts

0:22:53.640 --> 0:22:56.159
<v Speaker 1>and so on about this that past weekend. As far

0:22:56.200 --> 0:22:58.639
<v Speaker 1>as sports are concerned, I mean, look at it. We

0:22:59.240 --> 0:23:03.280
<v Speaker 1>got college back, well college football, we got the overall

0:23:03.359 --> 0:23:08.600
<v Speaker 1>rankings in terms of this college football championship. In terms

0:23:08.600 --> 0:23:11.800
<v Speaker 1>of playoffs series that begins, I think it's I think

0:23:11.840 --> 0:23:13.560
<v Speaker 1>it begins this week. I don't know. I don't know

0:23:13.560 --> 0:23:15.879
<v Speaker 1>when it begins. I think it's December the thirteenth, is

0:23:15.920 --> 0:23:19.080
<v Speaker 1>what they said. So anyway, we got that going on.

0:23:19.240 --> 0:23:22.200
<v Speaker 1>Of course, Sunday afternoon we had the Bengals Bills game,

0:23:22.560 --> 0:23:28.600
<v Speaker 1>which you know, I again being you know, in the

0:23:28.640 --> 0:23:31.479
<v Speaker 1>Cincinnati Greater Since a Northern Kentucky area, you want your

0:23:31.480 --> 0:23:35.000
<v Speaker 1>team to do well. You want them to do, you know,

0:23:35.520 --> 0:23:38.960
<v Speaker 1>be good on the national stage and so on. And

0:23:39.000 --> 0:23:43.639
<v Speaker 1>the Bengals it just this season. A lot of years,

0:23:43.680 --> 0:23:46.240
<v Speaker 1>it's this build up of we've got this talent, we've

0:23:46.240 --> 0:23:48.880
<v Speaker 1>got that talent, and every year it seems like they

0:23:48.960 --> 0:23:52.080
<v Speaker 1>just figure out a way of breaking our hearts along

0:23:52.080 --> 0:23:56.720
<v Speaker 1>the way. And yesterday it was no different. They started

0:23:56.760 --> 0:24:00.760
<v Speaker 1>off the game just on fire and we're really doing

0:24:00.880 --> 0:24:05.520
<v Speaker 1>very well against the Bills. But then being the Bengals,

0:24:05.600 --> 0:24:09.200
<v Speaker 1>it seemed like they kind of didn't quite finish the game,

0:24:09.400 --> 0:24:13.240
<v Speaker 1>and the Bills stepped up their game, come from behind victory.

0:24:13.280 --> 0:24:16.760
<v Speaker 1>I mean, it was incredible. They beat the Bengals thirty

0:24:16.840 --> 0:24:20.159
<v Speaker 1>nine thirty four, which going into the last five minutes,

0:24:20.280 --> 0:24:22.240
<v Speaker 1>I thought the Bengals had it sewn up. I mean,

0:24:22.480 --> 0:24:25.959
<v Speaker 1>it looked like they were going to just absolutely go

0:24:26.040 --> 0:24:29.000
<v Speaker 1>away with the victory. But again they broke our hearts

0:24:29.000 --> 0:24:32.879
<v Speaker 1>and that's unfortunate. But what was interesting though, is looking

0:24:32.920 --> 0:24:36.879
<v Speaker 1>at the different headlines from the different cities. If you

0:24:36.920 --> 0:24:41.919
<v Speaker 1>look at the headlines from the Cincinnati in choir, it

0:24:42.000 --> 0:24:45.480
<v Speaker 1>says Joe Burrow, Bengals falter, late and snowy loss to

0:24:45.920 --> 0:24:49.080
<v Speaker 1>Josh Allen and the Bills, and the coverage of that.

0:24:50.000 --> 0:24:53.640
<v Speaker 1>As far as the Buffalo Bills were concerned, they met

0:24:53.680 --> 0:24:58.480
<v Speaker 1>their headline. Josh Allen carries Buffalo Bills to huge win

0:24:59.200 --> 0:25:04.119
<v Speaker 1>over Cincinnati Bengals. Now, going into the game, the Bengals

0:25:04.160 --> 0:25:08.480
<v Speaker 1>were four and eight, four wins, eight losses, and the

0:25:08.520 --> 0:25:12.280
<v Speaker 1>Bills had the exact opposite eight wins, four losses, and

0:25:12.359 --> 0:25:15.320
<v Speaker 1>so again, on paper, it appeared as though that it

0:25:15.359 --> 0:25:17.280
<v Speaker 1>wasn't even going to be a close game. But the

0:25:17.280 --> 0:25:20.639
<v Speaker 1>Bengals made a game out on the Bill's home turf,

0:25:21.040 --> 0:25:24.399
<v Speaker 1>which was even more remarkable. But at the end, there

0:25:24.400 --> 0:25:26.480
<v Speaker 1>were a couple of missteps, a couple of things that

0:25:26.520 --> 0:25:30.720
<v Speaker 1>got screwed up. The Bengals kind of screwed up in

0:25:30.760 --> 0:25:34.080
<v Speaker 1>the end. Their defense didn't quite hold up, although there

0:25:34.200 --> 0:25:36.640
<v Speaker 1>was a couple of really great plays on the part

0:25:36.680 --> 0:25:39.359
<v Speaker 1>of the defense where they actually were able to prevent

0:25:39.400 --> 0:25:43.560
<v Speaker 1>two touchdowns by fumbles. And then, of course Joe Burrow

0:25:43.600 --> 0:25:47.240
<v Speaker 1>throwing a couple two interceptions probably didn't hurt help the

0:25:47.280 --> 0:25:50.679
<v Speaker 1>game any either, especially when you throw it an interception

0:25:50.920 --> 0:25:53.560
<v Speaker 1>and it's run back for a touchdown. So again, but

0:25:53.600 --> 0:25:56.960
<v Speaker 1>it was an interesting game, was interesting to watch as

0:25:56.960 --> 0:25:59.280
<v Speaker 1>we were putting up Christmas decorations and doing all that

0:25:59.320 --> 0:26:01.640
<v Speaker 1>sort of stuff. It was kind of an interesting thing

0:26:01.680 --> 0:26:03.520
<v Speaker 1>to have that in the background and a little bit

0:26:03.560 --> 0:26:06.560
<v Speaker 1>of background noises we were going on. So anyway, that's

0:26:06.800 --> 0:26:11.880
<v Speaker 1>pretty much my weekend, and I hope you enjoyed listening

0:26:11.880 --> 0:26:15.000
<v Speaker 1>to that, and it's just something that was interesting to

0:26:15.080 --> 0:26:18.320
<v Speaker 1>me and I wanted to talk about it over the Actually,

0:26:18.440 --> 0:26:20.359
<v Speaker 1>last Friday we got the or actually it was it

0:26:20.359 --> 0:26:23.160
<v Speaker 1>Thursday or Friday Friday, I believe it was, we got

0:26:23.200 --> 0:26:29.560
<v Speaker 1>the information the personal consumption expenditures key inflation measure. Now,

0:26:29.600 --> 0:26:32.200
<v Speaker 1>of course, the Federal Reserve is set to start a

0:26:32.320 --> 0:26:35.720
<v Speaker 1>meeting with their final meeting of the year starting today

0:26:35.920 --> 0:26:41.120
<v Speaker 1>and into tomorrow, so tomorrow afternoon Wednesday afternoon is when

0:26:41.160 --> 0:26:44.640
<v Speaker 1>they will have their press conference and determine or announce

0:26:44.720 --> 0:26:46.879
<v Speaker 1>whether or not they're raising or not raising. They're not

0:26:46.920 --> 0:26:49.320
<v Speaker 1>going to raise, interesting whether they're going to hold interest

0:26:49.400 --> 0:26:52.399
<v Speaker 1>rates steady or whether they're going to lower interest rates.

0:26:52.840 --> 0:26:56.280
<v Speaker 1>And for all the talk that we've been hearing about

0:26:56.320 --> 0:27:00.840
<v Speaker 1>the Federal Reserve that they're you know that they're watchdogs

0:27:00.880 --> 0:27:05.280
<v Speaker 1>or stewards of the economy. That they have two mandates,

0:27:05.680 --> 0:27:07.720
<v Speaker 1>one to make sure that the job market is strong,

0:27:08.040 --> 0:27:12.680
<v Speaker 1>the others to make sure that inflation is down. And

0:27:12.760 --> 0:27:15.640
<v Speaker 1>they've set a target of two percent, even though inflation

0:27:15.760 --> 0:27:18.919
<v Speaker 1>over the years on average has been above two percent

0:27:19.080 --> 0:27:22.600
<v Speaker 1>except during the first term of the Trump administration. So

0:27:22.840 --> 0:27:25.560
<v Speaker 1>they've set the bar, in my opinion, kind of high

0:27:25.720 --> 0:27:29.240
<v Speaker 1>in terms of what their expectations are. But they've been

0:27:29.359 --> 0:27:33.280
<v Speaker 1>very stingy in terms of lowering interest rates. And the

0:27:33.280 --> 0:27:38.040
<v Speaker 1>thing that is interesting is that I was looking at

0:27:38.040 --> 0:27:41.200
<v Speaker 1>some headlines and so on, and I've been talking about

0:27:41.200 --> 0:27:43.800
<v Speaker 1>this for a number of weeks, number of months, even

0:27:44.160 --> 0:27:48.200
<v Speaker 1>that if you look at the overnight lending rate, which

0:27:48.240 --> 0:27:52.040
<v Speaker 1>is what the Federal Reserve controls, this is the overnight

0:27:52.119 --> 0:27:56.720
<v Speaker 1>borrowing that I certain banks need cash reserves or cash

0:27:56.800 --> 0:28:00.399
<v Speaker 1>on hand to cash checks or to give to different

0:28:00.920 --> 0:28:04.199
<v Speaker 1>their customers. If they're having a big, big weekend, you know,

0:28:04.240 --> 0:28:07.760
<v Speaker 1>transferring of money to like a you know, like a

0:28:07.800 --> 0:28:10.840
<v Speaker 1>grocery store or any kind of a store over the

0:28:10.840 --> 0:28:13.800
<v Speaker 1>weekend that is expecting a lot of cash transactions, they

0:28:13.840 --> 0:28:15.639
<v Speaker 1>have to have a lot of cash on hand. So

0:28:16.480 --> 0:28:19.000
<v Speaker 1>this cash is available, but if the local bank doesn't

0:28:19.040 --> 0:28:21.879
<v Speaker 1>have that, then they have to borrow that from another bank,

0:28:22.119 --> 0:28:24.200
<v Speaker 1>And so they've got that overnight rate, which is that

0:28:24.680 --> 0:28:28.199
<v Speaker 1>four point two five four point five percent, and so

0:28:28.520 --> 0:28:32.199
<v Speaker 1>but as a result of that, that also controls and

0:28:32.560 --> 0:28:36.520
<v Speaker 1>kind of starts affecting the credit card rate, what you

0:28:36.560 --> 0:28:38.080
<v Speaker 1>pay on your credit cards, what you pay in our

0:28:38.520 --> 0:28:41.280
<v Speaker 1>car loans, what you pay on your mortgage. Those interest

0:28:41.360 --> 0:28:44.960
<v Speaker 1>rates are all interconnected. You know, when one goes when

0:28:45.000 --> 0:28:48.080
<v Speaker 1>the overnight rate from the Fed goes up, then some

0:28:48.160 --> 0:28:50.400
<v Speaker 1>of these others go up. And of course your credit

0:28:50.400 --> 0:28:53.160
<v Speaker 1>card interest rate goes up, new car loans go up.

0:28:53.280 --> 0:28:56.280
<v Speaker 1>And what we're seeing in the housing market, and over

0:28:56.360 --> 0:28:58.960
<v Speaker 1>the last couple of last several months, I've been talking

0:28:58.960 --> 0:29:02.000
<v Speaker 1>about how in the rest of the developed world, Canada,

0:29:02.240 --> 0:29:05.320
<v Speaker 1>Europe and so on, that the interest rate is down

0:29:05.360 --> 0:29:08.320
<v Speaker 1>around one and a half to two percent, and here

0:29:08.360 --> 0:29:12.040
<v Speaker 1>we are at above four percent as far as our

0:29:12.280 --> 0:29:15.120
<v Speaker 1>overnight rate is concerned. And I think if you're trying

0:29:15.160 --> 0:29:19.000
<v Speaker 1>to stimulate the economy, which everybody says that if interest

0:29:19.080 --> 0:29:21.680
<v Speaker 1>rates are lower, people have more money in their pocket,

0:29:22.480 --> 0:29:25.600
<v Speaker 1>they're more inclined to spend money, they're more inclined to

0:29:26.000 --> 0:29:29.200
<v Speaker 1>expand the economy, and of course businesses tend to expand

0:29:29.200 --> 0:29:32.440
<v Speaker 1>as well. So again hoping that the Federal Reserve gets

0:29:32.480 --> 0:29:35.520
<v Speaker 1>in and through their thick skull to lower interest rates.

0:29:35.600 --> 0:29:38.320
<v Speaker 1>And by the way, there's some interesting well at least

0:29:38.440 --> 0:29:40.880
<v Speaker 1>a couple of places I know of where the interest

0:29:40.920 --> 0:29:43.480
<v Speaker 1>rate is a lot lower than what it is in

0:29:43.520 --> 0:29:46.080
<v Speaker 1>the United States. I'm Kevin Gordon, America Struck a Network

0:29:46.360 --> 0:29:50.880
<v Speaker 1>seven hundred Wlwright.

0:29:50.120 --> 0:29:56.240
<v Speaker 2>News Radio seven hundred WLW and iHeartRadio station Guarantee Human

0:29:56.680 --> 0:29:59.880
<v Speaker 2>seven hundred WLW HI hard rating.

0:30:00.600 --> 0:30:02.840
<v Speaker 1>Run a business and not thinking about radio.

0:30:03.280 --> 0:30:06.240
<v Speaker 2>Think again, because more people are listening to the radio

0:30:06.280 --> 0:30:08.800
<v Speaker 2>on iHeart today than they were twenty years ago.

0:30:09.560 --> 0:30:13.960
<v Speaker 1>So looking at this Federal Reserve and what they're meeting

0:30:14.200 --> 0:30:16.840
<v Speaker 1>later on today and then tomorrow. In terms of interest rates,

0:30:17.160 --> 0:30:20.440
<v Speaker 1>one of the things supposedly they pay attention to is

0:30:20.480 --> 0:30:25.160
<v Speaker 1>this personal consumption expenditures. Now, in the previous segment, I

0:30:25.200 --> 0:30:28.840
<v Speaker 1>was talking about interest rates, and I mentioned before that

0:30:29.680 --> 0:30:34.800
<v Speaker 1>we have our daughter lives in the Netherlands, and we

0:30:34.880 --> 0:30:37.200
<v Speaker 1>got to talk in the other day about you know,

0:30:37.320 --> 0:30:39.880
<v Speaker 1>interest rates and what their mortgage is and what our

0:30:39.920 --> 0:30:43.760
<v Speaker 1>mortgage is, and so on. And it's interesting that mortgage

0:30:43.800 --> 0:30:47.600
<v Speaker 1>rates over in the Netherlands are anywhere between three and

0:30:47.640 --> 0:30:50.560
<v Speaker 1>a half to four and a half percent, and yet

0:30:50.600 --> 0:30:53.360
<v Speaker 1>the interest rates here in the United States as of

0:30:53.400 --> 0:30:56.360
<v Speaker 1>the other day that I checked, was about six point

0:30:57.200 --> 0:31:00.800
<v Speaker 1>three six percent. It's almost twice what it is in

0:31:00.840 --> 0:31:05.640
<v Speaker 1>the Netherlands. And if you're trying to spur the economy,

0:31:05.840 --> 0:31:09.480
<v Speaker 1>if you're trying to spur people to buy equipment expand

0:31:09.480 --> 0:31:12.800
<v Speaker 1>their business, then why are our interest rates so darn high?

0:31:13.240 --> 0:31:16.640
<v Speaker 1>And it's all because of lion Jerry Powell and his

0:31:18.040 --> 0:31:21.760
<v Speaker 1>inability or ineptness as far as running the Federal Reserve

0:31:21.920 --> 0:31:26.440
<v Speaker 1>in terms of not understanding supply side economics, the fact

0:31:26.480 --> 0:31:28.760
<v Speaker 1>that he was too late and as Trump called him,

0:31:28.760 --> 0:31:31.640
<v Speaker 1>too late, I call him lion Jerry Powell. Trump calls

0:31:31.720 --> 0:31:34.440
<v Speaker 1>him too late Jerry Powell, because when you look at

0:31:34.440 --> 0:31:37.160
<v Speaker 1>the Federal Reserve's track record over the years, even back

0:31:37.240 --> 0:31:40.120
<v Speaker 1>during Alan Greenspan and some of the other people who

0:31:40.120 --> 0:31:42.400
<v Speaker 1>are in charge of the Fed, they always seem to

0:31:42.440 --> 0:31:45.600
<v Speaker 1>be running a little bit behind what the normal what

0:31:45.640 --> 0:31:48.840
<v Speaker 1>the economy is actually doing. And if they can't keep up,

0:31:48.920 --> 0:31:51.960
<v Speaker 1>and if they're supposedly the so called experts. Why the

0:31:52.000 --> 0:31:54.960
<v Speaker 1>hell are they always so wrong? I mean, let's not

0:31:55.040 --> 0:31:57.520
<v Speaker 1>forget that for the first year and a half of

0:31:57.680 --> 0:32:02.640
<v Speaker 1>increasing inflation three percent, four percent, five percent thereabouts, which

0:32:02.680 --> 0:32:07.400
<v Speaker 1>culminated in a nine point one percent inflation rate in

0:32:07.480 --> 0:32:11.080
<v Speaker 1>June of twenty twenty two, the fact that they kept

0:32:11.120 --> 0:32:15.160
<v Speaker 1>calling it transitory inflation, which meant that it was temporary. Oh,

0:32:15.200 --> 0:32:17.520
<v Speaker 1>this is just a blip on the radar screen. It'll

0:32:17.520 --> 0:32:20.560
<v Speaker 1>come down, it'll come down, it'll come down. Well, when

0:32:20.600 --> 0:32:23.920
<v Speaker 1>it got the nine point one percent, obviously it wasn't transitory.

0:32:24.280 --> 0:32:28.960
<v Speaker 1>And in March before that happened, they started raising interest

0:32:29.040 --> 0:32:31.880
<v Speaker 1>rates to kind of slow things down, kind of slowed

0:32:31.880 --> 0:32:34.840
<v Speaker 1>things down, took them too long to slow things down.

0:32:35.000 --> 0:32:38.360
<v Speaker 1>So again, the Federal Reserve has always been behind in

0:32:38.440 --> 0:32:41.520
<v Speaker 1>terms of reaction, and sometimes they react too much in

0:32:41.560 --> 0:32:44.200
<v Speaker 1>one way or too much in the other way, whereas

0:32:44.280 --> 0:32:46.360
<v Speaker 1>a lot of times if they just you know, mind,

0:32:46.480 --> 0:32:49.280
<v Speaker 1>you know, just keep things steady instead of trying to

0:32:49.320 --> 0:32:52.120
<v Speaker 1>control things, things would be a lot better. But anyway,

0:32:52.200 --> 0:32:55.320
<v Speaker 1>that's again my opinion, and of course, as you know,

0:32:55.400 --> 0:32:57.320
<v Speaker 1>I have an opinion, I'm not afraid to use it.

0:32:57.640 --> 0:33:01.680
<v Speaker 1>Can inflation measure was lower than expected in September. Commerce

0:33:01.720 --> 0:33:04.440
<v Speaker 1>Department said Friday in a report delayed by the government

0:33:04.480 --> 0:33:07.360
<v Speaker 1>shutdown that gives further green light to the Federal Reserve

0:33:07.440 --> 0:33:12.200
<v Speaker 1>to lower interest rates. The Core Personal Consumption Expenditures price index,

0:33:12.560 --> 0:33:17.640
<v Speaker 1>which excludes volatile food and energy prices, indicated a point

0:33:17.720 --> 0:33:21.360
<v Speaker 1>two percent monthly rise, while the annual rate was two

0:33:21.400 --> 0:33:24.600
<v Speaker 1>point eight percent. The monthly rate was in line with

0:33:24.680 --> 0:33:28.560
<v Speaker 1>Dow Joon consensus, but the annual level was point one

0:33:28.600 --> 0:33:33.080
<v Speaker 1>percentage points lower. The core annual rate edged down from

0:33:33.160 --> 0:33:37.400
<v Speaker 1>two point nine percent in August. So again heading in

0:33:37.440 --> 0:33:40.560
<v Speaker 1>the right direction. Let's go back to Liberation Day, back

0:33:40.600 --> 0:33:43.240
<v Speaker 1>on April to second, and back then when the tariffs

0:33:43.280 --> 0:33:46.160
<v Speaker 1>were put into place, everybody was talking about this is

0:33:46.440 --> 0:33:48.560
<v Speaker 1>not everybody, but there was a bunch of people that

0:33:48.640 --> 0:33:51.360
<v Speaker 1>are talking about this is going to lead to a recession,

0:33:51.680 --> 0:33:54.480
<v Speaker 1>this is going to lead to high inflation, this is

0:33:54.480 --> 0:33:56.320
<v Speaker 1>going to do this, it's going to do that, and

0:33:56.360 --> 0:33:58.760
<v Speaker 1>the economy is going to go in the tank. Well

0:33:59.000 --> 0:34:02.680
<v Speaker 1>none of that came true, and yet they keep saying that, Well,

0:34:02.720 --> 0:34:04.240
<v Speaker 1>you know, it's just a matter of time. It's just

0:34:04.320 --> 0:34:06.440
<v Speaker 1>a matter of time. You know, at some point in

0:34:06.520 --> 0:34:09.360
<v Speaker 1>time you've got to look at what is instead of

0:34:09.400 --> 0:34:12.319
<v Speaker 1>what you hope it to be. You know, when you

0:34:12.440 --> 0:34:16.320
<v Speaker 1>have good economic your finger on the pulse, you should

0:34:16.360 --> 0:34:19.720
<v Speaker 1>know what's going on instead of this hoping and wishing

0:34:19.920 --> 0:34:22.520
<v Speaker 1>kind of stuff that we're seeing, and especially from the

0:34:22.520 --> 0:34:25.600
<v Speaker 1>spoon fed reggitators in the mainstream media, because again, in

0:34:25.640 --> 0:34:30.400
<v Speaker 1>my opinion, they have been always trying to manufacture recession.

0:34:30.800 --> 0:34:34.160
<v Speaker 1>In addition, the headline PCEE increase point three percent for

0:34:34.239 --> 0:34:36.920
<v Speaker 1>the month, putting the annual inflation rate at two point

0:34:37.000 --> 0:34:40.600
<v Speaker 1>eight percent. According to the Department's Bureau of Economic Analysis,

0:34:40.840 --> 0:34:44.120
<v Speaker 1>both range readings were in line with the expectations, though

0:34:44.160 --> 0:34:47.359
<v Speaker 1>the annual rate was up only one point one tenth

0:34:47.400 --> 0:34:51.600
<v Speaker 1>of a percentage point. But the core personal consumption expenditures

0:34:51.680 --> 0:34:54.840
<v Speaker 1>is what the FED generally looks at. Now, again, you

0:34:54.880 --> 0:34:57.439
<v Speaker 1>have the consumer Price Index, which takes a look at

0:34:57.560 --> 0:35:02.560
<v Speaker 1>everything in the economy, everything from avocados to zinc. Anything

0:35:02.640 --> 0:35:06.040
<v Speaker 1>that's in there A to z is reflected in terms

0:35:06.080 --> 0:35:08.560
<v Speaker 1>of what those prices have done over the period of time,

0:35:08.800 --> 0:35:11.880
<v Speaker 1>and they base that as far as the consumer price index.

0:35:12.360 --> 0:35:15.520
<v Speaker 1>Personal consumption expenditures, on the other hand, is what you

0:35:15.719 --> 0:35:17.680
<v Speaker 1>do in the day to day business you know, in

0:35:17.680 --> 0:35:20.640
<v Speaker 1>the new day to day life, you buy gasoline, You

0:35:20.680 --> 0:35:22.040
<v Speaker 1>go out and you buy food, you go out and

0:35:22.080 --> 0:35:25.440
<v Speaker 1>buy clothing, you buy all these things that are necessities

0:35:25.719 --> 0:35:27.720
<v Speaker 1>or the things that you do on a regular basis.

0:35:27.920 --> 0:35:30.279
<v Speaker 1>You don't, you know, every week, you don't go out

0:35:30.320 --> 0:35:32.799
<v Speaker 1>and buy a refrigerator. Every week. You don't go out

0:35:32.840 --> 0:35:35.000
<v Speaker 1>and buy a car. Every week, you don't go out

0:35:35.000 --> 0:35:39.120
<v Speaker 1>and buy a air conditioner or whatever. So these major

0:35:39.160 --> 0:35:43.279
<v Speaker 1>purchases are yes, they're part of the inflation rate, the

0:35:43.320 --> 0:35:47.239
<v Speaker 1>consumer price index, but in terms of personal consumption, what

0:35:47.320 --> 0:35:51.239
<v Speaker 1>you spend on a daily, weekly, monthly basis is what

0:35:51.440 --> 0:35:56.600
<v Speaker 1>is contained in that personal consumption expenditures because that is

0:35:56.640 --> 0:35:59.080
<v Speaker 1>the thing that people experience on a day to day

0:35:59.120 --> 0:36:02.839
<v Speaker 1>basis terms of their own kitchen table discussions, their own

0:36:02.920 --> 0:36:06.560
<v Speaker 1>kitchen table economy as to what is going on in

0:36:06.640 --> 0:36:09.839
<v Speaker 1>terms of their own individual budgets. So again that's why

0:36:09.840 --> 0:36:13.359
<v Speaker 1>it's such an important number. Goods prices serge point five

0:36:13.400 --> 0:36:16.280
<v Speaker 1>percent of the month, as they say, and here Trump's

0:36:16.520 --> 0:36:20.120
<v Speaker 1>teriffs continuing to work their way through the economy. Service

0:36:20.160 --> 0:36:24.279
<v Speaker 1>prices were up just two point two percent, food rows

0:36:24.360 --> 0:36:27.360
<v Speaker 1>point four, while energy was up one point seven and

0:36:27.400 --> 0:36:30.399
<v Speaker 1>now those last two. If you're talking, I guess this

0:36:30.480 --> 0:36:36.279
<v Speaker 1>is the numbers from September, because from September, when you

0:36:36.280 --> 0:36:39.880
<v Speaker 1>look at October, November, and then so far this month,

0:36:40.200 --> 0:36:44.320
<v Speaker 1>those prices have come down considerably. Food prices are down.

0:36:44.440 --> 0:36:46.279
<v Speaker 1>I just saw the other day as far as our

0:36:46.560 --> 0:36:50.280
<v Speaker 1>local store, eggs which had been up over three dollars

0:36:51.840 --> 0:36:54.760
<v Speaker 1>for a dozen, are now being sold at a dollar

0:36:54.840 --> 0:36:58.120
<v Speaker 1>forty nine. So that's basically in line with where they

0:36:58.160 --> 0:37:00.680
<v Speaker 1>were a couple of years ago. When you look at

0:37:00.719 --> 0:37:03.360
<v Speaker 1>things like eggs, when you look at things like beef

0:37:03.600 --> 0:37:05.960
<v Speaker 1>when they're subject to drought, when you're subject to a

0:37:06.000 --> 0:37:08.359
<v Speaker 1>bird flew, like the eggs, and you have to kill

0:37:08.400 --> 0:37:11.360
<v Speaker 1>off flocks of chickens, well, if you don't have the chickens,

0:37:11.400 --> 0:37:13.239
<v Speaker 1>the eggs aren't going to be laid. And if you

0:37:13.280 --> 0:37:16.520
<v Speaker 1>have drought conditions in certain parts of the world, certain

0:37:16.560 --> 0:37:18.920
<v Speaker 1>parts of the air and the country, you're going to

0:37:19.000 --> 0:37:22.280
<v Speaker 1>have less cattle. As a matter of fact, I've mentioned

0:37:22.280 --> 0:37:25.240
<v Speaker 1>this before, the size of the herds in the United

0:37:25.239 --> 0:37:27.919
<v Speaker 1>States are now down at the level where they were

0:37:27.960 --> 0:37:31.080
<v Speaker 1>back in nineteen fifty seven I believe it was, So

0:37:31.080 --> 0:37:33.640
<v Speaker 1>it's back down to the level it was in the fifties.

0:37:34.000 --> 0:37:37.359
<v Speaker 1>Our population has more than doubled since that period of time,

0:37:37.719 --> 0:37:41.640
<v Speaker 1>so you've got more people seeking a smaller quantity, and

0:37:41.680 --> 0:37:43.759
<v Speaker 1>of course those prices are going to go up. So

0:37:44.320 --> 0:37:48.919
<v Speaker 1>increasing the grazing, increasing the herds increasing, possibly the import

0:37:48.719 --> 0:37:51.640
<v Speaker 1>of good beef from other areas around the country, around

0:37:51.640 --> 0:37:53.560
<v Speaker 1>the world, are the things that are going to keep

0:37:53.560 --> 0:37:57.400
<v Speaker 1>those prices down. Now again, those are the factors that

0:37:57.480 --> 0:37:59.800
<v Speaker 1>need to be looked at. You know, if you've gotten

0:38:00.040 --> 0:38:03.560
<v Speaker 1>natural occurrences and you've got a disease that goes through,

0:38:04.040 --> 0:38:07.200
<v Speaker 1>that should be factored in and have a weighted factor

0:38:07.200 --> 0:38:10.799
<v Speaker 1>if you're talking about inflation and what that is doing.

0:38:10.840 --> 0:38:14.040
<v Speaker 1>As far as the economy is concerned, personal income rose

0:38:14.080 --> 0:38:16.640
<v Speaker 1>point four percent for the month, while spending was up

0:38:16.640 --> 0:38:22.200
<v Speaker 1>point three percent. Income was point one percent percentage point

0:38:22.400 --> 0:38:25.600
<v Speaker 1>above the forecas. So again they predicted what it was

0:38:25.640 --> 0:38:27.240
<v Speaker 1>going to be and it was a little bit better

0:38:27.280 --> 0:38:29.560
<v Speaker 1>than that. Odds of a rate cut when the Fed

0:38:29.760 --> 0:38:33.319
<v Speaker 1>convenes this week are at eighty seven percent. I've seen

0:38:33.400 --> 0:38:36.520
<v Speaker 1>numbers around ninety percent. Now, of course, there's going to

0:38:36.520 --> 0:38:38.399
<v Speaker 1>be a little bit of contention. This could be one

0:38:38.400 --> 0:38:42.680
<v Speaker 1>of the most contentious Federal Reserve meetings, because there's a

0:38:42.719 --> 0:38:45.480
<v Speaker 1>faction that says that interest rates should stay the same,

0:38:45.520 --> 0:38:48.200
<v Speaker 1>while there's others that say it should be cut. Kevin

0:38:48.239 --> 0:38:51.360
<v Speaker 1>Gordon faction says it should be reduced at least a

0:38:51.440 --> 0:38:54.560
<v Speaker 1>quarter percent, if not a full percentage point. And then

0:38:54.640 --> 0:38:56.200
<v Speaker 1>of course they had the University. We may have to

0:38:56.239 --> 0:38:59.080
<v Speaker 1>get into this tomorrow with the University of Michigan consumer survey.

0:38:59.280 --> 0:39:02.080
<v Speaker 1>Of course, they're down playing this. They keep talking about

0:39:02.120 --> 0:39:05.279
<v Speaker 1>these consumer sentiment, consumer surveys and so on as to

0:39:05.560 --> 0:39:08.560
<v Speaker 1>whether or not as far as the strength of the economy, well,

0:39:09.400 --> 0:39:12.399
<v Speaker 1>it's interesting that they throw here a side note at

0:39:12.400 --> 0:39:15.960
<v Speaker 1>the end, at the end of the story Consumer the

0:39:16.000 --> 0:39:18.680
<v Speaker 1>Michigan University of Michigan, the consumer survey came in at

0:39:18.920 --> 0:39:25.080
<v Speaker 1>fifty three point three, up four point five percent from November,

0:39:25.480 --> 0:39:29.279
<v Speaker 1>better than Wall Street's estimate of fifty two. So from

0:39:29.280 --> 0:39:32.959
<v Speaker 1>that aspect in terms of these economy and what people

0:39:33.000 --> 0:39:36.120
<v Speaker 1>are perceived as far as the economy is concerned, that's up.

0:39:36.320 --> 0:39:38.840
<v Speaker 1>We're seeing a lot of good economic news. And I

0:39:38.840 --> 0:39:41.120
<v Speaker 1>thought it was interesting in one of the stories that

0:39:41.320 --> 0:39:44.840
<v Speaker 1>usually there is a chart a companying the Personal Consumption

0:39:44.920 --> 0:39:49.919
<v Speaker 1>Expenditures Index, which shows the personal consumption expenditures index from

0:39:49.960 --> 0:39:53.640
<v Speaker 1>twenty twenty one up until the current date. And it's

0:39:53.640 --> 0:39:56.040
<v Speaker 1>interesting when you look at twenty twenty two and twenty

0:39:56.120 --> 0:40:00.759
<v Speaker 1>twenty three, when those numbers were above seven percent, the

0:40:00.800 --> 0:40:05.680
<v Speaker 1>consumer personal consumption all above the four point range up

0:40:05.760 --> 0:40:09.160
<v Speaker 1>until towards the tail end of twenty twenty three. So

0:40:09.440 --> 0:40:13.680
<v Speaker 1>I guess with this narrative that we're now talking about affordability,

0:40:14.320 --> 0:40:16.799
<v Speaker 1>I guess they want to forget what was done over

0:40:16.840 --> 0:40:19.440
<v Speaker 1>the last four years and talk about that in terms

0:40:19.480 --> 0:40:24.520
<v Speaker 1>of affordability as opposed to what it actually is. Interestingly enough,

0:40:24.560 --> 0:40:27.560
<v Speaker 1>in terms of affordability, taking a look at oil and

0:40:27.600 --> 0:40:30.120
<v Speaker 1>gas prices is kind of interesting that oil is falling.

0:40:30.360 --> 0:40:32.400
<v Speaker 1>But on a side note, I want to mention the

0:40:32.440 --> 0:40:35.520
<v Speaker 1>fact that when you look at the national average for gasoline,

0:40:35.600 --> 0:40:39.520
<v Speaker 1>national average is now below three percent or three dollars

0:40:40.239 --> 0:40:45.279
<v Speaker 1>on across the board. Interesting in my neighborhood gas is

0:40:45.320 --> 0:40:49.200
<v Speaker 1>at two dollars and sixty two cents, which the national average.

0:40:49.200 --> 0:40:52.160
<v Speaker 1>If you look at that, we are actually at one

0:40:52.200 --> 0:40:55.080
<v Speaker 1>of the low ends, at least in our county in

0:40:55.160 --> 0:40:58.120
<v Speaker 1>terms of the entire country. Well, just some very good

0:40:58.120 --> 0:41:01.520
<v Speaker 1>economic news there. So anyway, folks, We're up against glockhair.

0:41:01.600 --> 0:41:03.520
<v Speaker 1>Stay tuned for red Eye Radio, a top the hour.

0:41:03.920 --> 0:41:09.000
<v Speaker 1>I'm Kevin Gordon, America's Trucking Network seven hundred WLW