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Speaker 1: This is America's Trucking Network with Kevin Gordon.

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Speaker 2: Ware.

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Speaker 3: Thanks for tuning in on this Wednesday morning.

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Speaker 4: Got to start off with a update on Hurricane Melissa.

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Speaker 4: If the eye has approached and is on Jamaica and

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Speaker 4: it's a slow moving storm, and our hearts and prayers

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Speaker 4: go out to the folks of Jamaica because this is

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Speaker 4: a Category five hurricane, one of the strongest ones on record.

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Speaker 4: And I, you know, I guess my geography is off,

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Speaker 4: and I'm not all that aware or familiar with Jamaica.

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Speaker 4: You know, you think in terms of all these commercials

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Speaker 4: you see for those resort areas, and all they ever

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Speaker 4: do is focus on the beaches and so on, and

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Speaker 4: you just think, okay, that's pretty much it. But the

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Speaker 4: the pictures and the stuff that I was seeing in

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Speaker 4: terms of how Jamaica is built, there's an awful lot

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Speaker 4: of hills there. And the one guy was talking about that,

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Speaker 4: and I don't know if it's continuing to go on,

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Speaker 4: but they said that Jamaica is basically a confluence of

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Speaker 4: all these I guess plates in terms of the you know,

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Speaker 4: the shifting of the of the land, and that these

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Speaker 4: plates are pushing together and pushing the island actually higher

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Speaker 4: out of the ocean, and a lot of these buildings

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Speaker 4: are built on these hillsides, and with these steep hillsides,

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Speaker 4: with the mount of rain that they're going to be getting,

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Speaker 4: the amount of flow, I mean, you not only have

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Speaker 4: the surge of the of the hurricane coming in off

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Speaker 4: the water, but then you've got the foot of rain,

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Speaker 4: two feet of rain, et cetera, hitting these mountains and

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Speaker 4: then coming down and flowing into the cities, and it

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Speaker 4: is just going to be an absolute mess. So again,

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Speaker 4: our hearts and prayers are going out to those people.

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Speaker 4: I was not aware of how high and how hilly

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Speaker 4: that area of Jamaica is. All I've ever seen is

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Speaker 4: pictures of the beaches and so on. Now, of course,

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Speaker 4: once the hurricane Melissa is finished with them, moves on

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Speaker 4: to Dominican Republic and then across the way and then

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Speaker 4: goes into hopefully going to just hit the southeastern portion

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Speaker 4: of Cuba, but that is the area where Quantanamo Bay is,

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Speaker 4: and then they're talking about where it moves on from

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Speaker 4: there on to the Bahamas. But again, the trajectory of

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Speaker 4: this storm looks like it's going to be heading northeast

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Speaker 4: away from this area, and depending upon how it turns

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Speaker 4: and what it turns and where it turns, hopefully it'll

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Speaker 4: miss part of the Bahamas and hopefully maybe just nick

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Speaker 4: the ends of Cuba. But of course we'll keep our

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Speaker 4: eye on that particular storm. It is just they were

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Speaker 4: telling you about that this hurricane season. Now, we have

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Speaker 4: not seen a direct landfall in the United States. This

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Speaker 4: hurricane season began June first and ends November thirtieth, knock

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Speaker 4: on wood that we won't have a direct hit. But

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Speaker 4: we have had some storm surges as a result of

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Speaker 4: some of these passing storms hitting the outer banks there

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Speaker 4: around Cape Hatteras and whatever, North Carolina, and I think

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Speaker 4: there were about twelve houses that are on stilts and

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Speaker 4: whatever because of the storm surge actually got destroyed. But

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Speaker 4: for the most part we have escaped. But they said

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Speaker 4: that this is one of the most active. The record

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Speaker 4: number of five category five hurricanes that have been in

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Speaker 4: the Atlantic Ocean the record this is going to be

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Speaker 4: the well so far going to be the second highest

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Speaker 4: at three hurricanes that are category five.

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Speaker 3: Now the other two pretty much stayed out.

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Speaker 4: In the middle of the ocean and then veered off,

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Speaker 4: so you know, I don't care how many Category five

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Speaker 4: hurricanes there are out in the ocean that never make landfall.

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Speaker 4: I mean, they're going to have ten out there for

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Speaker 4: all I care, just as long as it doesn't hit

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Speaker 4: the land. But apparently back in two thousand and five

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Speaker 4: there were actually four storms that got up to a

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Speaker 4: category five, so they still got about a little about

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Speaker 4: a month and a half left, a little over a

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Speaker 4: month and a couple of weeks anyway till the end

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Speaker 4: of the hurricane season, and hopefully we won't have any

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Speaker 4: more category five hurricanes, or if we're going to have them,

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Speaker 4: stay the hell off the you know, out in the ocean,

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Speaker 4: and so on. We talked yesterday about food prices and

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Speaker 4: talked about inflation, and the thing that kept catching my

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Speaker 4: eye just I am not downplaying the fact that there

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Speaker 4: is some inflation. Okay, when you're looking at hot prices

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Speaker 4: going up about two percent two and a half percent

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Speaker 4: on a yearly basis, that adds up over time. But

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Speaker 4: when you look at the way the spoon fed regurgitators

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Speaker 4: in the mainstream media are characterizing this, this is the

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Speaker 4: kind of talk, This is the kind of expectations I

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Speaker 4: would have seen from the spoon fed regurgitators. Back in

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Speaker 4: twenty twenty one and twenty twenty two, when we were

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Speaker 4: having four and a half five and a half percent,

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Speaker 4: we had one month where there was nine and a

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Speaker 4: half percent increase in inflation in the month of June

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Speaker 4: of twenty twenty two. We saw gas prices in twenty

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Speaker 4: twenty two getting as high as a national average across

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Speaker 4: the board. Now in California it was a lot higher, obviously,

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Speaker 4: but across the board, the average gas price in the

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Speaker 4: United States was at five dollars a gallon. The average

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Speaker 4: price now is around three h three to three h four.

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Speaker 4: I think what's the number three? Yeah, three oh four,

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Speaker 4: And so prices have come down considerably from there, and

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Speaker 4: yet everybody wants to talk about, oh, fuel prices were

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Speaker 4: up four point one percent, whereas I'm looking at numbers

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Speaker 4: from last month and gas prices a month ago, we're

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Speaker 4: at three thirteen and we're down nine cents almost ten

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Speaker 4: cents a gallon from that. So where they're coming up

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Speaker 4: with these numbers and every time they do one of

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Speaker 4: these analysis, I think the Wall Street Journal, or was

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Speaker 4: that the New York Times did an analysis a couple

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Speaker 4: of couple of months ago, and they were saying, well,

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Speaker 4: just take a focus on in New York at the

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Speaker 4: Walmart center there, and there are some prices that have

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Speaker 4: gone up fifty two percent. And pulling out that numbers,

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Speaker 4: digging through the details and stuff, what we found or

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Speaker 4: what I just looked at in terms of that was

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Speaker 4: that this was a item imported from China. It was

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Speaker 4: a pot and pan set from Drew Barrymore called Beautiful

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Speaker 4: or whatever it was. That it went from ninety nine

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Speaker 4: dollars up to one hundred and forty nine dollars. And

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Speaker 4: this was an item imported from China. This isn't the

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Speaker 4: best cookware available. There aren't other alternatives, not like there's

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Speaker 4: not other alternatives out there. And if they want want

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Speaker 4: to raise those prices, if the Chinese labor there, and

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Speaker 4: we talked about at the time, how.

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Speaker 3: The labor over there is so cheap that.

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Speaker 4: They're only paying something along the lines of between five

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Speaker 4: dollars and seven dollars an hour, whereas in the United

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Speaker 4: States we're paying thirty six thirty seven dollars an hour

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Speaker 4: and including benefits and so on. But that five dollars

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Speaker 4: and seven dollars over in China includes no benefits, no

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Speaker 4: vacation time, no workers, got none of this stuff. And

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Speaker 4: yet our employers over here are paying thirty seven dollars

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Speaker 4: on average for employees in terms of benefits and everything else.

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Speaker 3: Now that's across the board.

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Speaker 4: And so with that kind of a margin, the Chinese

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Speaker 4: companies that are manufacturing these items, they could absorb some

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Speaker 4: of these tariffs the importer. The exporter could absorb some

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Speaker 4: of it the import. And we've gone through this scenario.

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Speaker 4: So it was a basically the bottom line is a

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Speaker 4: BS argument. BS article that was just trying to stir

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Speaker 4: the pot. And I keep saying that if I keep

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Speaker 4: looking at these stories from the spoon feder regurgitators in

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Speaker 4: the mainstream media, and it appears as though that they

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Speaker 4: are trying to talk down the economy, talk down what's

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Speaker 4: going on as far as economic policy is concerned, and

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Speaker 4: they are trying to manufacture recession, and they are failing

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Speaker 4: miserably because things are humming along. We see that as

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Speaker 4: far as the unemployment rate, we see that as numbers

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Speaker 4: of the jobs created, although it's flat, there aren't very

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Speaker 4: many layoffs, and we see the unemployment numbers where those

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Speaker 4: aren't increasing dramatically, and when you see two percent increase

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Speaker 4: in prices and stuff like that across the board, it's

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Speaker 4: pretty much on average of what they were talking about before.

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Speaker 4: And we'll get into a lot of this because we

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Speaker 4: want to talk a little bit more about it. But

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Speaker 4: the one thing that popped out it seems like when

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Speaker 4: they're talking about food prices, all they were, you know,

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Speaker 4: at the beginning of the year, all it was was eggs, eggs, eggs,

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Speaker 4: eggs are up forty two percent. Fit Trump's not bringing

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Speaker 4: those is down. Well, now that those prices are down

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Speaker 4: compared to last year, all of a sudden, well they've

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Speaker 4: got to shift categories and talk about coffee and beef.

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Speaker 3: We'll pick this up.

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Speaker 4: I'm Kevin Gordon, America's Trucking Network, seven hundred WLW.

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Speaker 5: I do.

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Speaker 1: This is the briefing repord on America's Trucking Network on

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Speaker 1: seven hundred WLW.

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Speaker 6: NASCAR holds its Championship weekend in Phoenix. The Truck Champ

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Speaker 6: will be crowned on Friday, Xfinity Champion Saturday, then the

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Speaker 6: Cup Champ on Sunday. Who will win the Cup Series

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Speaker 6: twenty twenty five title. The King, Richard Petty and his

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Speaker 6: longtime crew chief Dale Endment on their picks on the

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Speaker 6: Petty Podcast, Will it be Denny Hamlin, Chase Briscoe, Kyle

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Speaker 6: Larson or William Byron?

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Speaker 7: Right now, it's the tasip and there's no way to

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Speaker 7: predict it or anything. It'll wind up being the guy

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Speaker 7: that's a tough question. The way the twenty four run. Yes,

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Speaker 7: you would say the twenty four, But racing probably owes

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Speaker 7: Denny Hamlin as long as he's been running and good

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Speaker 7: as he's run, and he's certainly a champion without winning

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Speaker 7: a championship. And maybe I ain't gonna say one of

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Speaker 7: the forward wheel.

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Speaker 4: I'm Kevin Gordon, America's Trucking Network seven hundred WLW. We're

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Speaker 4: talking about inflation numbers and when they put out these

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Speaker 4: items and they say, okay, we've got the inflation number,

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Speaker 4: and then we've got the core inflation number and the

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Speaker 4: core inflation number. What that does is it pulls out

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Speaker 4: the more volatile items in the inflation category or the

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Speaker 4: stuff that is bought on.

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Speaker 3: A regular basis.

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Speaker 4: And generally the two big categories there are food and

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Speaker 4: energy because depending upon the year, depending you know, the

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Speaker 4: time of the year, you've gotten the springtime, certain fruits, vegetables,

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Speaker 4: et cetera that are readily available in the fall, and

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Speaker 4: so on, so those prices will fluctuate. Energy itself fluctuates

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Speaker 4: depending upon geopolitical issues, what's going on in terms of

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Speaker 4: the sector, whether there's different refineries that are closing down

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Speaker 4: or shutting down for maintenance, imports, storms on the seat,

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Speaker 4: so all that's volatile. So they pull that out and

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Speaker 4: say okay, put those off to the side, and then

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Speaker 4: look at the other core items in the as far

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Speaker 4: as inflation is concerned.

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Speaker 3: When you add that back and they're talking.

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Speaker 4: About the biggest driver of inflation this past was in

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Speaker 4: the food area, and they concentrate on two items. They

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Speaker 4: concentrated on coffee and beef. Well, it's almost like you

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Speaker 4: have to pull those items off to the side as

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Speaker 4: well to get a full idea or you know, because

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Speaker 4: of the volatility in those areas, to see what the

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Speaker 4: actual food prices are.

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Speaker 3: And I just got curious.

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Speaker 4: I thought, well, you know, they keep talking about tariffs

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Speaker 4: adding to coffee prices. They keep talking about this, Well,

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Speaker 4: what else is adding to the coffee prices? So I

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Speaker 4: dug into it a little bit. We here in the

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Speaker 4: United States, between Hawaii and uh, what was it, Puerto Rico,

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Speaker 4: we only generate about one percent of the amount of

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Speaker 4: coffee that is consumed in the United States.

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Speaker 3: The rest of it has to be imported.

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Speaker 4: So already we've got a situation where that stuff has

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Speaker 4: to travel. But where you have a situation down in

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Speaker 4: Brazil and Columbia, and you have these southern South American

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Speaker 4: countries that produce the majority of the coffee. Now there's

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Speaker 4: somehow that comes out of Vietnam and the southeast and

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Speaker 4: so on. But the majority of the stuff that we

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Speaker 4: drink here in the United States is from South America,

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Speaker 4: and when you have a drought situation down there, that

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Speaker 4: means their crops aren't producing as much, so there's not

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Speaker 4: as much supply. And when you know, obviously, you know

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Speaker 4: that when there's smaller supply and the demand is the same,

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Speaker 4: the prices are going to go up. And yes, the

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Speaker 4: tariffs have added to that to a certain percentage. But

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Speaker 4: when you take into consideration the costs we've documented here

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Speaker 4: on the program. We had the contracts that were signed

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Speaker 4: by the West Coast and East Coast dock workers bringing

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Speaker 4: those goods in, that's going to add to the product.

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Speaker 4: Plus you have fuel prices and stuff being transported. Plus

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Speaker 4: you have the drought down there in South America in

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Speaker 4: these coffee bean areas, and that's adding to it. So

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Speaker 4: break picking those out the amount of tariffs that are

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Speaker 4: added to this. Now they keep saying that coffee prices

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Speaker 4: are up. Okay, they're saying coffee prices are up from

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Speaker 4: last year by nineteen percent. Now they're saying also that

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Speaker 4: the tariffs on these on coffee is somewhere in the

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Speaker 4: neighborhood on certain countries about forty percent. So if coffee

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Speaker 4: prices are going up only nineteen percent. One of the

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Speaker 4: things is is that I've talked about, and we've talked

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Speaker 4: about on this program a number of times that because

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Speaker 4: of the production costs, because of the availability, the big

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Speaker 4: margins in some of these areas, some of these people

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Speaker 4: are some of these companies are actually absorbing these increases.

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Speaker 4: As far as tariffs, now, there's been some movement because

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Speaker 4: there is a program that if you've got rare things

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Speaker 4: that are not actually available in the United States and

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Speaker 4: they have to be imported, they can be exempted from

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Speaker 4: any tariffs on that particular country and those can be eliminated.

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Speaker 4: There's a push now to eliminate the tariffs on coffee,

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Speaker 4: which would be good. But in the story that I read,

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Speaker 4: they talk about this. Nicky Bravo, the cow co owner

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Speaker 4: of Momentum Coffee in Chicago, raised her prices by fifteen

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Speaker 4: percent recently as to her coffee prices, and she talks

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Speaker 4: about how, you know, she's paying fifteen percent more for

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Speaker 4: the coffee coming into the country and coming into her business,

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Speaker 4: but she's also roasting some of her own beans to

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Speaker 4: try to offset that then you've got the added increase

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Speaker 4: in terms of the sleeves, the cups, and all the

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Speaker 4: different supplies that's got to be added into it. Plus

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Speaker 4: the fact that she has her operation of her stores

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Speaker 4: in Chicago and Chicago back in twenty twenty put forth

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Speaker 4: a new minimum wage law where the minimum wage in

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Speaker 4: twenty twenty was thirteen dollars an hour and has now

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Speaker 4: jumped up to sixteen dollars and sixty cents an hour.

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Speaker 4: In July the first part of July, that price of

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Speaker 4: the minimum wage for their stores or for those companies

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Speaker 4: that have employees went up two and a half percent. Now,

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Speaker 4: when we have inflation at two and a half percent

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Speaker 4: and we've got wages going up by two and a

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Speaker 4: half percent, doesn't it stand a reason that some of

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Speaker 4: the focus on this, and my point is what we

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Speaker 4: need to do is we need to start not you know,

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Speaker 4: the spoon fed regurgitators in the mainstream media. Well, have

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Speaker 4: you believe that all these price increases are a result

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Speaker 4: of tariffs, Whereas.

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Speaker 3: When you look at what is pushing.

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Speaker 4: The prices here of tariffs, it's very low compared to

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Speaker 4: the other things. In terms of what we have here

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Speaker 4: increase in minimum wage two and a half percent for

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Speaker 4: these producers, the increase in terms of the paper supplies

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Speaker 4: and so on. So there are other facts in here

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Speaker 4: that are adding to these prices, and to blame it

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Speaker 4: all on tariffs, or to try to blame it on

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Speaker 4: teriffs is misleading at the least and probably intentional on

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Speaker 4: the part of the spoon, federalgirdstairs and mainstream media. Again,

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Speaker 4: it's not like we don't know that prices are going up,

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Speaker 4: but you know when there are other things that are

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Speaker 4: causing that, whether it be drought, whether it be the

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Speaker 4: wages that are being paid, Let's be truthful about that

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Speaker 4: and talk about that as opposed to trying to pass

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Speaker 4: it off as far as tariffs are concerned. But I

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Speaker 4: thought it was interesting. I mean, back in twenty twenty,

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Speaker 4: the effective rate was the minimum wage back then was

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Speaker 4: ten dollars an hour, and then they immediately in twenty

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Speaker 4: twenty one raise that to fifteen dollars an hour, and

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Speaker 4: then from that point on two and a half percent,

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Speaker 4: depending upon inflation, was raised every year since then, so

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Speaker 4: they jumped from fifteen dollars and eighty cents an hour

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Speaker 4: up to sixteen dollars and twenty cents an hour as

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Speaker 4: of July the first. So when they talk about the

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Speaker 4: price of coffee and stuff, I mean they're talking about that,

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Speaker 4: you know, these restaurants they're saying is September, the cost

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Speaker 4: the average price for a cup of coffee was three

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Speaker 4: dollars and fifty four cents compared to three dollars and

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Speaker 4: forty five cents last year. Well, that's up two point

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Speaker 4: six percent. So again, even with the increased terrace as

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Speaker 4: far as coffee, the drought and so on, a two

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Speaker 4: point six percent increase. But where were these people, Where

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Speaker 4: were these people whining about inflation? Back in twenty one

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Speaker 4: twenty two, we had gas prices go up a full

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Speaker 4: dollar a gallon from the beginning of well from January

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Speaker 4: of twenty twenty to the January of twenty twenty one,

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Speaker 4: and then when Russia invaded Ukraine it went up another

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Speaker 4: dollar twenty five.

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Speaker 3: Where was the outrage? Then?

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Speaker 4: All we heard was, Oh, it's transitory, it's going to go,

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Speaker 4: it's only temporary. We don't have to worry about it. Well, now,

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Speaker 4: all of a sudden, when prices are coming, you don't

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Speaker 4: hear anything about eggs anymore. Do you eggs have come

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Speaker 4: down considerably because of eradicating the bird flew and then

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Speaker 4: some of these I mean, you know, if you have

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Speaker 4: to if you have to kill an tire flock of

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Speaker 4: birds and you don't have chickens, you're not going to

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Speaker 4: have very many eggs. So there are reasons behind this,

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Speaker 4: and not just because of an economy that's going to

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Speaker 4: hell in a handbasket. I'm Kevin Gordon, America's Truck and

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Speaker 4: Network seven hundred WLW.

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Speaker 2: News, Traffic and Weather. News Radio seven hundred wl W, Cincinnati.

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Speaker 9: Republican infighting spills out into the open on day twenty

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Speaker 9: eight of the shutdown. It's your twelve thirty report. I'm

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Speaker 9: Travis Lair breaking now. Georgia Congresswoman Marjorie Taylor Green, known

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Speaker 9: for backing the Speaker of the House, now taking aim him.

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Speaker 9: She says she confronted Mike Johnson over the GOP's lack

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Speaker 9: of a healthcare plan, even calling out healthy House leaders

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Speaker 9: on a private call. Here's ABC's j O'Brien in a

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Speaker 9: break with her party. Congresswoman Marjorie Taylor Green acknowledging she

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Speaker 9: lashed out on a Republican call, accusing the gop of

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Speaker 9: not having a plan to tackle healthcare costs. Green writing today,

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Speaker 9: she confronted Speaker Johnson, saying, I have no respect for

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Speaker 9: the House not being in session, and I demand to

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Speaker 9: know from Speaker Johnson what the Republican plan for healthcare is.

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Speaker 9: Forty million Americans now days away from losing food benefits

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Speaker 9: as the standoff continues if Congress does not act now.

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Speaker 2: The latest forecast from the Train Heating and Cooling Weather

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Speaker 2: Center on news radio seven hundred WLW.

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Speaker 10: S heading for daybreak on Wednesday, A few showers develop

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Speaker 10: and that will continue into the morning. Rush a seven

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Speaker 10: am temperature of forty five now for the rest of

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Speaker 10: our Wednesday, heavy rain toward the afternoon and evening. On

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Speaker 10: the ride home, Gustie wins An, I have fifty two

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Speaker 10: at night, more heavy rain and a low of forty

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Speaker 10: four from your severe weather station, I'm nine first warning,

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Speaker 10: Chief Meteorologist Steve Rawley, News Radio seven hundred WLW.

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Speaker 3: Right now fifty two degrees.

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Speaker 9: In Cincinnati, Ohio, schools are urging voters to approve local

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Speaker 9: levees this November as new state funding restrictions take hold.

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Speaker 9: More than one hundred districts have measures on the ballot,

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Speaker 9: warning that failure could mean larger class sizes, layoffs, and

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Speaker 9: program cuts. Education advocates say recent laws limiting property tax

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Speaker 9: revenue and eliminating some levee options have left schools with

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Speaker 9: few alternatives. State leaders argue the changes will deliver tax

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Speaker 9: relief to homeowners, but districts say it comes as at

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Speaker 9: the expense of students and staff across Ohio. Now, Lee Mallen,

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Speaker 9: let's talk about some sports.

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Speaker 2: Man seven one hundred WLW sports.

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Speaker 12: The Bengals on Tuesday least defensive tackle Mike Penal and

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Speaker 12: play center Matt Lee and linebacker Shaka Hayward on the

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Speaker 12: injured list, leaving Cincinnati with three open spots on their

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Speaker 12: fifty three man roster. The Bengals host the Bear Sunday

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Speaker 12: afternoon at one o'clock. Covington Catholic Boys soccer defeats South

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Speaker 12: Otam in penalties to events to the KHSAA State Championship Game.

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Speaker 12: The Colonels will battle the Louisville Saint Xavier Tigers for

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Speaker 12: the title Saturday afternoon at four from the Lexington Sporting Club.

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Speaker 9: Thank you as always Lee now and you will hear

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Speaker 9: from Lee and our next update. At one o'clock, breaking

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Speaker 9: news anytime. I'm Travis Lairs News Radio seven hundred WLW.

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Speaker 2: Hey Cincinnati is former Bengal and Pro Football Hall of

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Speaker 2: Famer Anthony Munos. In two thousand and two, I started

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Speaker 2: the Anthony Munhos Foundation to provide Trittate youth with the

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Speaker 2: same help I received throughout my upbringing.

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Speaker 13: The Try State and the rest of the country. In

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Speaker 13: the Tri State overnight mostly claudy, the low down to

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Speaker 13: forty four, mostly claudy Wednesday, with rain likely especially by

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Speaker 13: late afternoon. I hi A fifty two rain continuing Wednesday night.

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Speaker 13: Then rain continues for the first part of Thursday, any

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Speaker 13: by the early afternoon AHI fifty one. Nationally Overnight and

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Speaker 13: into Wednesday, light snow will be seen over parts of

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Speaker 13: the Northern Cascades and the Northern Rockies.

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Speaker 4: Seven hundred WLW. I'm Kevin Gordon. This is America Struck

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Speaker 4: a network. You know, last week we had the story

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Speaker 4: talking about refinancing, that refinancing jumped up. Was it eighty

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Speaker 4: one percent higher than it was this time last year

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Speaker 4: thanks to falling mortgage rates? And we went to the

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Speaker 4: whole scenario of these different refinancing how many people were

437
00:24:37,119 --> 00:24:39,280
Speaker 4: refinancing their homes and so on.

438
00:24:39,480 --> 00:24:40,800
Speaker 3: At the end of last week.

439
00:24:40,960 --> 00:24:42,560
Speaker 4: We haven't had a chance to get to it, but

440
00:24:42,640 --> 00:24:45,120
Speaker 4: lower mortgage rates push home sales.

441
00:24:44,800 --> 00:24:46,280
Speaker 3: Higher in September.

442
00:24:46,400 --> 00:24:49,840
Speaker 4: Now, one of the things you know, if you've listened

443
00:24:49,880 --> 00:24:52,800
Speaker 4: to this program often enough, you'll know that one of

444
00:24:52,840 --> 00:24:56,360
Speaker 4: the things I've been harping on from for the longest

445
00:24:56,400 --> 00:24:59,679
Speaker 4: time is that Lion Jerry Powell and the Federal Reserve,

446
00:24:59,680 --> 00:25:03,560
Speaker 4: who by the way, met yesterday was the first part

447
00:25:03,560 --> 00:25:06,840
Speaker 4: of their meeting, and then later on today they will

448
00:25:06,840 --> 00:25:09,960
Speaker 4: have the results of their meeting, and they will be

449
00:25:10,040 --> 00:25:14,160
Speaker 4: making around two o'clock in the afternoon today they will

450
00:25:14,200 --> 00:25:16,880
Speaker 4: be making the announcement in terms of what they're going

451
00:25:16,920 --> 00:25:19,639
Speaker 4: to do on interest rates, whether they're going to lower

452
00:25:19,680 --> 00:25:23,399
Speaker 4: them keep them the same. Now the thinking is that

453
00:25:23,440 --> 00:25:25,720
Speaker 4: they're going to lower the interest rates by a quarter

454
00:25:25,800 --> 00:25:27,200
Speaker 4: percentage point.

455
00:25:26,880 --> 00:25:28,680
Speaker 3: Which would be good, but it should be.

456
00:25:28,680 --> 00:25:32,639
Speaker 4: Closer to half a percentage point again to stimulate the economy.

457
00:25:32,760 --> 00:25:36,960
Speaker 4: Every time they talk about stimulating the economy, every time,

458
00:25:37,000 --> 00:25:40,880
Speaker 4: people look at what interest rates do when it affects

459
00:25:40,960 --> 00:25:43,040
Speaker 4: your credit cards, when it affects your home loans, when

460
00:25:43,080 --> 00:25:45,480
Speaker 4: it affects your your financing as far as if you're

461
00:25:45,480 --> 00:25:47,840
Speaker 4: trying to buy a new truck, or fleets trying to

462
00:25:47,920 --> 00:25:51,239
Speaker 4: expand their fleet, or if you're trying to expand your

463
00:25:51,280 --> 00:25:55,560
Speaker 4: business by buying additional equipment or expanding the buildings you operate,

464
00:25:55,680 --> 00:25:59,480
Speaker 4: and all these things require financing, and if financing is high,

465
00:25:59,640 --> 00:26:01,720
Speaker 4: it may put you on the sideline to the point

466
00:26:01,720 --> 00:26:05,240
Speaker 4: where you're not going to make that investment at that

467
00:26:05,359 --> 00:26:08,919
Speaker 4: particular point in time. But lower mortgage rates are pushing

468
00:26:08,920 --> 00:26:12,640
Speaker 4: home sales. One of the downsides of that, though, is

469
00:26:12,680 --> 00:26:17,000
Speaker 4: that when interest rates come down, some of these people

470
00:26:17,080 --> 00:26:19,439
Speaker 4: get it in their head that well, people are getting

471
00:26:19,440 --> 00:26:23,159
Speaker 4: a break on their mortgage and they're going to be

472
00:26:23,160 --> 00:26:26,560
Speaker 4: paying less, so maybe I can get a little bit

473
00:26:26,560 --> 00:26:30,679
Speaker 4: more from my house now. There is that thinking. But

474
00:26:32,400 --> 00:26:35,720
Speaker 4: part of what's driving that though, is that when interest

475
00:26:35,880 --> 00:26:39,919
Speaker 4: rates come down, the affordability of homes are there and

476
00:26:40,000 --> 00:26:43,800
Speaker 4: more people jump in. When more people jump in, you

477
00:26:43,960 --> 00:26:47,480
Speaker 4: have a bigger demand. And if there's tighter supply, then

478
00:26:47,560 --> 00:26:50,080
Speaker 4: those prices are going to go up because as we

479
00:26:50,200 --> 00:26:53,200
Speaker 4: pointed out the other day, that some of the inventory

480
00:26:53,760 --> 00:26:58,240
Speaker 4: of available homes is less than what it normally is.

481
00:26:58,520 --> 00:26:59,879
Speaker 3: So let's just go through the numbers here.

482
00:27:00,040 --> 00:27:03,560
Speaker 4: Sales previously on homes rose one and a half percent

483
00:27:03,720 --> 00:27:08,040
Speaker 4: in September from August to a seasonally adjusted annualized rate

484
00:27:08,400 --> 00:27:12,840
Speaker 4: of four point zero six million units. According to National

485
00:27:12,880 --> 00:27:18,320
Speaker 4: Association Realtors, sales were four point one percent higher compared

486
00:27:18,359 --> 00:27:22,560
Speaker 4: with September of last year. Now that you think would

487
00:27:22,560 --> 00:27:26,080
Speaker 4: be celebrated and people were talking about that, I didn't

488
00:27:26,080 --> 00:27:28,720
Speaker 4: hear a whole lot of conversation about that over the

489
00:27:28,760 --> 00:27:33,879
Speaker 4: weekend and even up to this point. Again, apparently, if

490
00:27:33,880 --> 00:27:38,200
Speaker 4: there's good news, then our friends, the spoon fed regurgitators

491
00:27:38,200 --> 00:27:41,200
Speaker 4: in the mainstream media aren't going to cover it. All

492
00:27:41,240 --> 00:27:44,160
Speaker 4: they want to cover is the doom and gloom. Now,

493
00:27:44,200 --> 00:27:47,600
Speaker 4: when you look at some of these the numbers, the

494
00:27:47,720 --> 00:27:51,720
Speaker 4: count is based on closing, so people signing contracts, likely

495
00:27:51,800 --> 00:27:54,960
Speaker 4: in July and August when mortgage rates were coming down,

496
00:27:55,280 --> 00:27:57,200
Speaker 4: but we're not as low as they are now.

497
00:27:57,520 --> 00:27:58,400
Speaker 3: The average rate on.

498
00:27:58,359 --> 00:28:02,320
Speaker 4: A thirty year fixed fixed grade started in July, it's

499
00:28:02,640 --> 00:28:05,680
Speaker 4: six point sixty seven. It's now down to six point

500
00:28:05,840 --> 00:28:09,359
Speaker 4: one seven and even lower. Because this is as of

501
00:28:09,920 --> 00:28:13,600
Speaker 4: the other day so or actually towards the end of September,

502
00:28:13,760 --> 00:28:16,920
Speaker 4: So that's a full half a percentage point. And remember

503
00:28:16,960 --> 00:28:19,280
Speaker 4: we had a story a couple of months ago that

504
00:28:19,400 --> 00:28:22,080
Speaker 4: talked about if interest rates come down at half a

505
00:28:22,119 --> 00:28:26,520
Speaker 4: percentage point, something like one hundred and fifty thousand more

506
00:28:26,640 --> 00:28:32,159
Speaker 4: people that are living in apartments jump into the housing market.

507
00:28:32,560 --> 00:28:34,919
Speaker 4: And so when you have an influx there of one

508
00:28:34,960 --> 00:28:38,440
Speaker 4: hundred and fifty thousand people jumping into the housing market,

509
00:28:38,920 --> 00:28:41,600
Speaker 4: they are then well, they're going to be spending money.

510
00:28:41,800 --> 00:28:44,840
Speaker 4: They're going to be going into a home. They're probably

511
00:28:44,880 --> 00:28:46,960
Speaker 4: going to have a bigger home than the size of

512
00:28:47,000 --> 00:28:49,640
Speaker 4: their apartment, which means that they're going to be buying

513
00:28:49,640 --> 00:28:52,840
Speaker 4: more furniture, They're going to be doing some renovations. They're

514
00:28:52,880 --> 00:28:56,680
Speaker 4: going to possibly be buying some carpet paint, maybe new

515
00:28:56,720 --> 00:28:59,960
Speaker 4: appliances and stuff, which are good for the overall economy.

516
00:29:00,360 --> 00:29:03,240
Speaker 4: And if the economy is good, that means that more

517
00:29:03,280 --> 00:29:05,400
Speaker 4: stuff is going to have to be shipped, and you

518
00:29:05,440 --> 00:29:07,400
Speaker 4: guys are going to be a lot busier out there

519
00:29:07,600 --> 00:29:11,200
Speaker 4: hauling more and more freight because of this. And if

520
00:29:11,200 --> 00:29:14,040
Speaker 4: you're talking about a half a percentage point that draws

521
00:29:14,080 --> 00:29:17,360
Speaker 4: one hundred and fifty thousand people into the market, imagine

522
00:29:17,360 --> 00:29:20,680
Speaker 4: when those prices come down even further. We're talking about,

523
00:29:20,720 --> 00:29:23,520
Speaker 4: and we've gone through the numbers several times on this show,

524
00:29:23,880 --> 00:29:26,800
Speaker 4: the difference between the type of house you can you know,

525
00:29:26,960 --> 00:29:30,680
Speaker 4: what your price would be at certain interest rates, and

526
00:29:30,720 --> 00:29:35,560
Speaker 4: what your monthly mortgage payment would be at lower interest rates.

527
00:29:35,600 --> 00:29:39,040
Speaker 4: And we've seen that, and we've talked about what it

528
00:29:39,040 --> 00:29:43,160
Speaker 4: would be if the affordability wise on a monthly payment,

529
00:29:43,520 --> 00:29:47,080
Speaker 4: how much larger house you can afford, and the numbers

530
00:29:47,120 --> 00:29:51,000
Speaker 4: are astronomical, and you know, I can post something about that,

531
00:29:51,120 --> 00:29:53,240
Speaker 4: or I may talk about that later on, but I've

532
00:29:53,240 --> 00:29:55,520
Speaker 4: talked about it three or four times now, and I'm

533
00:29:55,520 --> 00:29:57,640
Speaker 4: sure a lot of people have heard it. But when

534
00:29:57,760 --> 00:30:01,160
Speaker 4: these interest rates come down, the affordability comes down and

535
00:30:01,320 --> 00:30:04,880
Speaker 4: more people can jump into the market. And the fact

536
00:30:04,960 --> 00:30:09,680
Speaker 4: that Federal reserve their interest rates that they talk about,

537
00:30:10,000 --> 00:30:13,360
Speaker 4: which is the borrowing rate that banks do when they

538
00:30:13,400 --> 00:30:16,120
Speaker 4: need money and they you know, for cashing checks or

539
00:30:16,120 --> 00:30:19,560
Speaker 4: whatever their cash needs for that day, they have to

540
00:30:19,600 --> 00:30:22,120
Speaker 4: borrow from other banks, and the bank rate is that

541
00:30:22,280 --> 00:30:25,640
Speaker 4: four percent four point two five percent. But as a

542
00:30:25,640 --> 00:30:29,240
Speaker 4: result of that, that also affects the interest rates on

543
00:30:29,360 --> 00:30:33,080
Speaker 4: credit cards, mortgages and everything that's financed. So when that

544
00:30:33,160 --> 00:30:36,120
Speaker 4: rate starts coming down. That's when you start seeing a

545
00:30:36,200 --> 00:30:39,160
Speaker 4: lowering of interest rates. And just with that quarter percentage

546
00:30:39,200 --> 00:30:42,920
Speaker 4: point that the Federal Reserve lowered interest rates last month,

547
00:30:43,160 --> 00:30:46,680
Speaker 4: we see a half a percentage point in mortgages coming down.

548
00:30:46,880 --> 00:30:47,800
Speaker 3: That's a good sign.

549
00:30:48,120 --> 00:30:51,920
Speaker 4: So again, if lion Jerry Powell is sitting around smoking

550
00:30:51,920 --> 00:30:55,640
Speaker 4: a cigar and drinking whiskey right now, pay attention to

551
00:30:55,680 --> 00:30:58,760
Speaker 4: this and tomorrow or later on today, go ahead and

552
00:30:58,880 --> 00:31:02,440
Speaker 4: lower those interest rates down another quarter percent or a

553
00:31:02,480 --> 00:31:05,959
Speaker 4: half a percentage point, because that is good for the economy.

554
00:31:06,200 --> 00:31:09,400
Speaker 4: And so you know, I've been talking all along the

555
00:31:09,480 --> 00:31:12,920
Speaker 4: thing that is holding this economy back, and I keep

556
00:31:13,000 --> 00:31:16,520
Speaker 4: making the analysis that it reminds me of these movies

557
00:31:16,560 --> 00:31:19,880
Speaker 4: I used to you'd see from the Oklahoma land rush,

558
00:31:20,320 --> 00:31:24,040
Speaker 4: where on a given day the territory was opened up

559
00:31:24,080 --> 00:31:27,320
Speaker 4: for people to go in and claim their stake. They

560
00:31:27,320 --> 00:31:31,040
Speaker 4: could get sixteen acres or whatever the number was, and

561
00:31:31,080 --> 00:31:32,760
Speaker 4: they all had to do was put a stake down

562
00:31:32,840 --> 00:31:37,440
Speaker 4: and then have it logged in and you know, just

563
00:31:37,560 --> 00:31:40,480
Speaker 4: register it and it was their land. And at that

564
00:31:40,680 --> 00:31:43,160
Speaker 4: date everybody was lined up on the border. All these

565
00:31:43,200 --> 00:31:45,840
Speaker 4: wagons and all these horses and everything were all lined up,

566
00:31:46,160 --> 00:31:48,640
Speaker 4: and that it is. You know, the gun was fired

567
00:31:48,680 --> 00:31:51,960
Speaker 4: off and everybody rushed in. That's how I see this economy.

568
00:31:52,160 --> 00:31:56,480
Speaker 4: With lower interest rates, our economy will absolutely explode for

569
00:31:56,560 --> 00:31:59,520
Speaker 4: the good. And I've been talking about all along. You

570
00:31:59,600 --> 00:32:02,840
Speaker 4: see what we've seen as far as the just with

571
00:32:03,080 --> 00:32:06,360
Speaker 4: things as they are, they were predicting that our gross

572
00:32:06,440 --> 00:32:09,840
Speaker 4: domestic product would only be around one point eight percent.

573
00:32:10,240 --> 00:32:12,440
Speaker 4: We already saw the effect of the resilience of the

574
00:32:12,480 --> 00:32:16,440
Speaker 4: American people, the resilience of the American consumer, that that

575
00:32:17,240 --> 00:32:20,440
Speaker 4: gross domestic product is up to three point eight percent.

576
00:32:20,800 --> 00:32:23,680
Speaker 4: And I've said that if these interest rates come down

577
00:32:23,720 --> 00:32:25,960
Speaker 4: and the way this economy is not even if the

578
00:32:26,000 --> 00:32:29,120
Speaker 4: interest rates come down, with the way this economy is going,

579
00:32:29,360 --> 00:32:31,640
Speaker 4: with the trade deals that are being cut, and we

580
00:32:31,760 --> 00:32:34,880
Speaker 4: just had a bunch of trade deals with Trump being

581
00:32:34,920 --> 00:32:40,160
Speaker 4: over in Asia, with Japan, and hopefully there's some signs

582
00:32:40,200 --> 00:32:42,520
Speaker 4: that there's going to be something done as far as China.

583
00:32:42,720 --> 00:32:46,120
Speaker 4: They're getting moved more closer and closer to making a deal.

584
00:32:46,400 --> 00:32:49,000
Speaker 4: Those teriff rates will come down and we will have

585
00:32:49,440 --> 00:32:52,560
Speaker 4: a lot more prosperity and a lot more free flow

586
00:32:52,600 --> 00:32:56,160
Speaker 4: of goods. Fair trade. Fair trade as opposed to just

587
00:32:56,280 --> 00:32:59,560
Speaker 4: free trade, and so if this economy, I still I

588
00:32:59,600 --> 00:33:02,640
Speaker 4: am still maintaining the fact that by the end of

589
00:33:02,680 --> 00:33:05,760
Speaker 4: this year, Okay, we've only got what two more months,

590
00:33:05,800 --> 00:33:08,440
Speaker 4: basically at the end of this month, the end of

591
00:33:09,040 --> 00:33:12,920
Speaker 4: twenty twenty five, we will see that the gross domestic

592
00:33:12,960 --> 00:33:16,760
Speaker 4: product will be somewhere between four point five and five percent,

593
00:33:17,080 --> 00:33:20,720
Speaker 4: and I do seriously believe that inflation will be down

594
00:33:20,800 --> 00:33:25,080
Speaker 4: around that two percentage point range. I'm maintaining that, and

595
00:33:25,160 --> 00:33:28,120
Speaker 4: what we need is a little bit of cooperation from

596
00:33:28,200 --> 00:33:31,160
Speaker 4: Lyon and Jerry Powell and the FED. I'm Kevin Gordon,

597
00:33:31,160 --> 00:33:34,800
Speaker 4: America's truck and Network seven hundred WLW.

598
00:33:35,000 --> 00:33:37,160
Speaker 3: Run a business and not thinking about.

599
00:33:38,560 --> 00:33:42,520
Speaker 4: This is America's truck in Network seven hundred WLW IM

600
00:33:42,600 --> 00:33:44,840
Speaker 4: Kevin Gordon. One of the things I talked about in

601
00:33:45,040 --> 00:33:48,480
Speaker 4: the first segment, we were talking about inflation and where

602
00:33:48,520 --> 00:33:51,040
Speaker 4: some of these inflation rates are coming from. We talked

603
00:33:51,040 --> 00:33:54,040
Speaker 4: about coffee, we talked about some of the food items.

604
00:33:54,240 --> 00:33:57,760
Speaker 4: The one thing about this administration, and no matter what

605
00:33:58,280 --> 00:34:03,200
Speaker 4: the criticism from the main stream media, this administration is

606
00:34:03,520 --> 00:34:10,160
Speaker 4: extremely flexible in terms of nothing, well nothing but certain

607
00:34:10,200 --> 00:34:14,120
Speaker 4: things are not cast in concrete. On liberation, day, he

608
00:34:14,200 --> 00:34:16,960
Speaker 4: put out and said that as of a date, certain

609
00:34:17,160 --> 00:34:21,000
Speaker 4: these tariffs were going to go into effect as reciprocal

610
00:34:21,160 --> 00:34:25,520
Speaker 4: teriffs if the other countries don't reduce their terraffs. And

611
00:34:25,600 --> 00:34:30,080
Speaker 4: he had the different charts where it showed what they

612
00:34:30,200 --> 00:34:33,840
Speaker 4: charge our goods going into their country versus what we charge,

613
00:34:33,920 --> 00:34:36,920
Speaker 4: and we were going to reciprocate those terraffts. That was

614
00:34:36,960 --> 00:34:39,719
Speaker 4: a negotiating tool to get them to the table to

615
00:34:39,840 --> 00:34:43,160
Speaker 4: start negotiating and bring these tariffs down on our goods

616
00:34:43,200 --> 00:34:46,560
Speaker 4: and opening up their markets to our goods, which would

617
00:34:46,640 --> 00:34:50,560
Speaker 4: lead to more jobs, more exports, more volume, more freight,

618
00:34:50,880 --> 00:34:54,200
Speaker 4: et cetera. Good for our country here and the people

619
00:34:54,239 --> 00:34:58,759
Speaker 4: working that is been going forward very rapidly. They're now

620
00:34:58,800 --> 00:35:01,600
Speaker 4: in the final stages trying to pull together a deal

621
00:35:01,719 --> 00:35:04,560
Speaker 4: with China which should bring some of those prices down

622
00:35:04,600 --> 00:35:07,320
Speaker 4: as well. But where there is an area that needs

623
00:35:07,360 --> 00:35:10,239
Speaker 4: to be tweaked, you put on a fifty percent terra

624
00:35:10,360 --> 00:35:12,520
Speaker 4: for something, then you look at some of those items

625
00:35:12,560 --> 00:35:17,120
Speaker 4: within those exports coming into this country, what would penalize

626
00:35:17,120 --> 00:35:20,600
Speaker 4: some of our people. He's done Exemptions one of the

627
00:35:20,640 --> 00:35:22,600
Speaker 4: things they're working on. I talked about this in one

628
00:35:22,600 --> 00:35:25,680
Speaker 4: of the previous segments talking about with the coffee prices,

629
00:35:25,920 --> 00:35:28,920
Speaker 4: possibly putting in an exemption to that to bring the

630
00:35:28,960 --> 00:35:31,920
Speaker 4: price of coffee down even though there's been droughts down

631
00:35:32,000 --> 00:35:33,120
Speaker 4: there and so on.

632
00:35:32,600 --> 00:35:33,560
Speaker 3: One of the.

633
00:35:33,560 --> 00:35:36,239
Speaker 4: Other areas that we've seen where prices have gone up

634
00:35:36,280 --> 00:35:41,360
Speaker 4: considerably is in meat prices. And when we've talked about

635
00:35:41,400 --> 00:35:44,960
Speaker 4: how there are droughts out west this I think I

636
00:35:45,000 --> 00:35:49,160
Speaker 4: saw a number where something like thirty percent of the

637
00:35:49,320 --> 00:35:54,319
Speaker 4: area where cattle graze is are under drought conditions, and

638
00:35:54,400 --> 00:35:58,160
Speaker 4: the feed costs are up. So when there's droughts, the

639
00:35:58,200 --> 00:36:02,880
Speaker 4: cattle cannot grays on the open land. They have to

640
00:36:02,920 --> 00:36:06,840
Speaker 4: be fed, and so with grain prices up, it becomes

641
00:36:06,960 --> 00:36:10,040
Speaker 4: very expensive to produce cattle, and so a lot of

642
00:36:10,080 --> 00:36:14,000
Speaker 4: people have thinned their herds to the point where we

643
00:36:14,040 --> 00:36:16,400
Speaker 4: are at the level in terms of the herds that

644
00:36:16,440 --> 00:36:19,080
Speaker 4: are in the United States are at levels we haven't

645
00:36:19,080 --> 00:36:21,319
Speaker 4: seen since we're at the levels where they were back

646
00:36:21,360 --> 00:36:26,000
Speaker 4: in nineteen fifty one. So we're talking about a seventy five,

647
00:36:26,160 --> 00:36:33,080
Speaker 4: seventy seventy two, seventy four years low. So of course

648
00:36:33,160 --> 00:36:35,640
Speaker 4: that's going you're going to have a dwindling supply. So

649
00:36:35,840 --> 00:36:38,080
Speaker 4: a lot of the beef that we have been importing

650
00:36:38,120 --> 00:36:41,120
Speaker 4: from other countries has been offsetting that to keep the

651
00:36:41,200 --> 00:36:44,480
Speaker 4: prices a little bit low, last lower than what they

652
00:36:44,520 --> 00:36:47,919
Speaker 4: would normally be. Trump suggested last week or last week

653
00:36:47,960 --> 00:36:51,759
Speaker 4: suggests that the US will be buying more beef from

654
00:36:51,880 --> 00:36:58,040
Speaker 4: Argentina and with that coming in should affect the prices

655
00:36:58,120 --> 00:37:01,840
Speaker 4: a little bit. But there were the cattlemen were not

656
00:37:01,960 --> 00:37:04,640
Speaker 4: too happy with that because they said that that would

657
00:37:04,719 --> 00:37:07,680
Speaker 4: artificially push down the prices and that they wouldn't be

658
00:37:07,680 --> 00:37:10,560
Speaker 4: making as much. And the way the story was written,

659
00:37:10,680 --> 00:37:14,320
Speaker 4: it said why cattlemen say Trump talk of Argentine beef

660
00:37:14,320 --> 00:37:19,800
Speaker 4: imports is no solution. Again, the headline didn't match the story.

661
00:37:20,120 --> 00:37:22,319
Speaker 4: It talked about some of the stuff that they have

662
00:37:22,400 --> 00:37:24,520
Speaker 4: to do and some of the things that they need

663
00:37:24,520 --> 00:37:28,120
Speaker 4: to do, and well as far as one of the

664
00:37:28,120 --> 00:37:31,400
Speaker 4: things in there talking about the drought conditions. The cattle

665
00:37:31,760 --> 00:37:34,760
Speaker 4: ranchers in Texas and around the country are concerned about

666
00:37:35,000 --> 00:37:38,840
Speaker 4: the screw worm, which is a parasitic fly that was

667
00:37:38,880 --> 00:37:42,759
Speaker 4: once eradicated in the United States, is threatening a comeback

668
00:37:43,160 --> 00:37:47,000
Speaker 4: on the Mexican border. They had an infestation of the

669
00:37:47,239 --> 00:37:50,840
Speaker 4: infestation of that down in the southern parts of Mexico

670
00:37:51,280 --> 00:37:54,440
Speaker 4: and it has already moved up almost halfway through the

671
00:37:54,480 --> 00:37:56,800
Speaker 4: country and getting close to the border.

672
00:37:57,200 --> 00:37:58,840
Speaker 3: Now. I won't go into.

673
00:37:58,560 --> 00:38:01,799
Speaker 4: The details of this because it is pretty gross what

674
00:38:01,920 --> 00:38:06,080
Speaker 4: this fly does and how it infects. But they have

675
00:38:06,239 --> 00:38:09,560
Speaker 4: seen it's not normally passed along to humans, but it

676
00:38:10,560 --> 00:38:13,160
Speaker 4: was passed on to a human And I thought it

677
00:38:13,200 --> 00:38:17,600
Speaker 4: was interesting because they talked about the Centers for the

678
00:38:17,880 --> 00:38:21,000
Speaker 4: Disease Control and Prevention identified a case of a flesh

679
00:38:21,120 --> 00:38:25,239
Speaker 4: eating parasite and a person in Maryland who returned to

680
00:38:25,280 --> 00:38:30,239
Speaker 4: the US after traveling to Al Salvador. H not where

681
00:38:30,280 --> 00:38:33,680
Speaker 4: the Maryland dad was from and could it possibly be No,

682
00:38:33,800 --> 00:38:36,800
Speaker 4: it's not Chris van Holland that went to his senator

683
00:38:36,840 --> 00:38:39,480
Speaker 4: from Maryland. Remember he went down there and had Margarita's

684
00:38:39,560 --> 00:38:43,800
Speaker 4: with kilmar Abrego Garcia. No, but it was apparently somebody

685
00:38:43,800 --> 00:38:46,319
Speaker 4: else who traveled down to El Salvador and got this

686
00:38:46,440 --> 00:38:49,800
Speaker 4: flesh eating disease. But what they've tried to do is

687
00:38:50,160 --> 00:38:53,920
Speaker 4: put these sterile flies to go down there and breed,

688
00:38:54,280 --> 00:38:58,120
Speaker 4: so it basically kills off. But these parasites if it

689
00:38:58,200 --> 00:39:01,279
Speaker 4: was eradicated in the United States and been eradicated for

690
00:39:02,120 --> 00:39:06,320
Speaker 4: Center for decades. Why can't that technology be put forth

691
00:39:06,360 --> 00:39:11,520
Speaker 4: and eradicate those diseases down in Mexico. I don't I

692
00:39:11,560 --> 00:39:14,359
Speaker 4: don't understand that. But again, that's one of the things

693
00:39:14,400 --> 00:39:16,680
Speaker 4: that the Trump administration is trying to do. They're trying

694
00:39:16,680 --> 00:39:20,040
Speaker 4: to be flexible in terms of importing beef or allowing

695
00:39:20,040 --> 00:39:23,080
Speaker 4: beef to be imported from different areas of the world,

696
00:39:23,120 --> 00:39:27,359
Speaker 4: to pull our prices down and get them back more reasonable. Now,

697
00:39:27,520 --> 00:39:31,000
Speaker 4: with these trade negotiations going on with China them moving

698
00:39:31,040 --> 00:39:35,120
Speaker 4: closer and closer to a deal, it's throwing closer one

699
00:39:35,160 --> 00:39:37,600
Speaker 4: of the areas that I thought was a done deal.

700
00:39:37,719 --> 00:39:40,480
Speaker 4: And I'm surprised that this is weird. Its ugly head

701
00:39:41,360 --> 00:39:44,520
Speaker 4: is Canada. Canada? All of a sudden, well Trump is

702
00:39:45,080 --> 00:39:47,399
Speaker 4: you know, we had they had that meeting with Mark

703
00:39:47,440 --> 00:39:50,160
Speaker 4: Carney in the in the Oval office, what was it

704
00:39:50,320 --> 00:39:53,120
Speaker 4: a week and a half ago, and they were chuckling

705
00:39:53,239 --> 00:39:56,080
Speaker 4: it up. They were seemed like they were fast friends.

706
00:39:56,120 --> 00:39:58,640
Speaker 4: It looks like they were, you know, really on the

707
00:39:58,719 --> 00:40:02,240
Speaker 4: same page and talking about things. Well, all of a sudden,

708
00:40:02,360 --> 00:40:04,560
Speaker 4: I don't know if he was getting some pressure from

709
00:40:04,600 --> 00:40:07,360
Speaker 4: the folks back home that hey, you're cozying up to

710
00:40:07,440 --> 00:40:07,879
Speaker 4: this guy.

711
00:40:08,320 --> 00:40:08,640
Speaker 3: He's not.

712
00:40:09,680 --> 00:40:12,640
Speaker 4: We are being it's a fair deal for the United States,

713
00:40:12,640 --> 00:40:14,480
Speaker 4: but it's hurting us up here. And I'm going to

714
00:40:14,520 --> 00:40:16,680
Speaker 4: go on a side note here. When I see some

715
00:40:16,800 --> 00:40:19,359
Speaker 4: of these people in the media when there is a

716
00:40:19,400 --> 00:40:23,839
Speaker 4: trade deal that is negotiated and it has accomplished, why

717
00:40:23,880 --> 00:40:27,120
Speaker 4: do they have to It's not like the people in

718
00:40:27,160 --> 00:40:32,759
Speaker 4: Canada can't watch our TV shows. And if our reporters

719
00:40:33,120 --> 00:40:36,200
Speaker 4: and Fox News is guilty of this, I've seen this

720
00:40:36,360 --> 00:40:39,880
Speaker 4: on a couple of occasions where they said, oh, you know,

721
00:40:40,320 --> 00:40:43,400
Speaker 4: Trump went in there and he just beat them to death.

722
00:40:43,480 --> 00:40:45,960
Speaker 4: They are now sucking up to him, and they are

723
00:40:46,040 --> 00:40:48,360
Speaker 4: just they we are eating their lunch.

724
00:40:48,440 --> 00:40:48,640
Speaker 5: Now.

725
00:40:49,280 --> 00:40:50,319
Speaker 3: You know, this is not.

726
00:40:50,520 --> 00:40:52,799
Speaker 4: The type of thing you do in a If you've

727
00:40:52,800 --> 00:40:56,640
Speaker 4: ever been involved in athletics, and apparently some of these

728
00:40:57,239 --> 00:41:00,879
Speaker 4: hosts aren't, have never been involved in athletics and never

729
00:41:00,960 --> 00:41:05,600
Speaker 4: been involved in competition, you do not, absolutely do not

730
00:41:06,200 --> 00:41:10,359
Speaker 4: gloat over your opponent. If you beat that opponent, even

731
00:41:10,440 --> 00:41:13,320
Speaker 4: if you beat them badly, you always hear the coach

732
00:41:13,440 --> 00:41:16,040
Speaker 4: talking about, well, they put up a really good fight,

733
00:41:16,080 --> 00:41:18,040
Speaker 4: they had a really good defense. We just had a

734
00:41:18,080 --> 00:41:20,719
Speaker 4: really good day to Day, etc. You don't want to

735
00:41:20,760 --> 00:41:24,560
Speaker 4: give them ammunition. But apparently there's been something that ruffled

736
00:41:24,560 --> 00:41:27,560
Speaker 4: some feathers somewhere along the lines. Hope it's not been

737
00:41:27,640 --> 00:41:31,439
Speaker 4: the broadcast talking about this, but there's been some trade

738
00:41:31,480 --> 00:41:35,000
Speaker 4: negotiations between the two countries which has suddenly fallen apart,

739
00:41:35,200 --> 00:41:40,359
Speaker 4: and Trump has suspended trade negotiations with Canada. Now that's

740
00:41:40,440 --> 00:41:43,840
Speaker 4: happened once before and then eventually they got back to

741
00:41:43,920 --> 00:41:47,799
Speaker 4: the table. Was probably a negotiating tool. But I don't

742
00:41:47,840 --> 00:41:51,239
Speaker 4: know if you've seen this ad where I guess it's

743
00:41:51,640 --> 00:41:56,840
Speaker 4: Ontario that is running this ad talking about Ronald Reagan

744
00:41:56,880 --> 00:42:00,799
Speaker 4: where he was giving a speech talking about tariffs, and

745
00:42:01,600 --> 00:42:04,800
Speaker 4: if you just look at that commercial on the surface,

746
00:42:05,080 --> 00:42:09,880
Speaker 4: it looks pretty interesting from the standpoint of where he's saying,

747
00:42:10,000 --> 00:42:14,640
Speaker 4: the terrorists may feel good, it may bring in more

748
00:42:14,719 --> 00:42:18,239
Speaker 4: revenue and so on, but eventually the others are going

749
00:42:18,320 --> 00:42:20,840
Speaker 4: to retaliate and it's going to be bad for American

750
00:42:20,960 --> 00:42:24,239
Speaker 4: jobs and so on. They have spliced that speech out

751
00:42:24,280 --> 00:42:28,919
Speaker 4: because I read I've pulled up the speech from the

752
00:42:28,960 --> 00:42:33,480
Speaker 4: Reagan Foundation, and apparently the Reagan Foundation is suing the

753
00:42:33,480 --> 00:42:38,880
Speaker 4: government of Ontario for falsely portraying Ronald Reagan as opposing

754
00:42:39,000 --> 00:42:42,760
Speaker 4: all terrorists. And as a matter of fact, what Reagan

755
00:42:43,000 --> 00:42:46,680
Speaker 4: was actually talking about in that speech was, and this

756
00:42:46,840 --> 00:42:49,720
Speaker 4: was back in nineteen eighty seven, where he was talking

757
00:42:49,760 --> 00:42:54,560
Speaker 4: about implementing certain terrorifts to balance the playing field. And

758
00:42:54,640 --> 00:42:58,120
Speaker 4: if you listen to that speech and what he's saying,

759
00:42:58,640 --> 00:43:02,280
Speaker 4: he said that it may feel good on the part

760
00:43:02,360 --> 00:43:05,040
Speaker 4: and as he talked about as the United States feeling

761
00:43:05,040 --> 00:43:09,399
Speaker 4: good about raising terroriffs, but other people raised, uh than

762
00:43:09,600 --> 00:43:10,440
Speaker 4: raised their terrorists.

763
00:43:10,800 --> 00:43:11,920
Speaker 3: We'll put the flip.

764
00:43:11,680 --> 00:43:15,840
Speaker 4: Side on that and that that that that argument still

765
00:43:15,880 --> 00:43:19,560
Speaker 4: holds true, but doesn't hold true in this situation. The

766
00:43:19,719 --> 00:43:24,200
Speaker 4: other countries have already had their terrorifts on American goods.

767
00:43:24,520 --> 00:43:29,000
Speaker 4: They have closed their markets on our goods coming in. So,

768
00:43:29,040 --> 00:43:32,680
Speaker 4: in other words, and in terms of leveling the playing field,

769
00:43:33,160 --> 00:43:37,279
Speaker 4: we have increased our terroriffs on their goods to make

770
00:43:37,360 --> 00:43:42,800
Speaker 4: them more fair and free. And what they're trying to say,

771
00:43:43,080 --> 00:43:47,520
Speaker 4: or trying to hint through this commercial is that because

772
00:43:47,880 --> 00:43:52,920
Speaker 4: we are raising our terrorists, it's bad for the overall

773
00:43:52,960 --> 00:43:56,480
Speaker 4: economy between the two countries. They forget that they have

774
00:43:56,600 --> 00:44:01,000
Speaker 4: had outrageous terrafts on our products. Just in Pholtry, just

775
00:44:01,120 --> 00:44:05,000
Speaker 4: in dairy products a two hundred and ninety nine percent

776
00:44:05,600 --> 00:44:09,040
Speaker 4: tariff on our goods going into their country. Of course,

777
00:44:09,080 --> 00:44:11,360
Speaker 4: we're not going to be selling anything going in there.

778
00:44:11,560 --> 00:44:15,000
Speaker 4: Those markets are based in effect close to us, so

779
00:44:15,239 --> 00:44:18,880
Speaker 4: the argument that they're trying to make should be flipped

780
00:44:18,880 --> 00:44:22,400
Speaker 4: around on them. You guys have put these tariffs on.

781
00:44:22,800 --> 00:44:26,120
Speaker 4: You may feel good about having these terriffs. You may

782
00:44:26,160 --> 00:44:30,240
Speaker 4: be feeling good about collecting this money from the United States,

783
00:44:30,600 --> 00:44:33,400
Speaker 4: but at some point in time, we're going to raise

784
00:44:33,520 --> 00:44:36,759
Speaker 4: ours and level the playing field, which would be a

785
00:44:36,800 --> 00:44:40,160
Speaker 4: more fair and more true way of looking at that.

786
00:44:40,520 --> 00:44:43,120
Speaker 4: But I got to tell you, and that has upset

787
00:44:43,760 --> 00:44:48,080
Speaker 4: the trade negotiations. That one commercial has been one of

788
00:44:48,120 --> 00:44:50,880
Speaker 4: the areas that have been talked about of why the

789
00:44:50,920 --> 00:44:54,759
Speaker 4: trade negotiations between the two companies and countries have fallen apart.

790
00:44:54,960 --> 00:44:58,440
Speaker 4: Then you take into consideration that the Reagan Foundation looked

791
00:44:58,480 --> 00:45:00,880
Speaker 4: at that compared to what the speed each actually was

792
00:45:01,160 --> 00:45:04,320
Speaker 4: and said, this misrepresents what his speech was all about.

793
00:45:04,360 --> 00:45:06,920
Speaker 4: So just if you see that commercial, know that it's

794
00:45:06,960 --> 00:45:10,080
Speaker 4: a crock of crap and don't pay any attention to it. Well, folks,

795
00:45:10,120 --> 00:45:13,760
Speaker 4: we're up against clock here. Stay tuned for ati radios.

796
00:45:13,920 --> 00:45:16,280
Speaker 4: At the top of the hour, I'm Kevin Gordon, America's

797
00:45:16,320 --> 00:45:20,560
Speaker 4: Trucking Network seven hundred WLW.

798
00:45:20,800 --> 00:45:27,760
Speaker 2: News, Traffic and Weather. News Radio seven hundred WLW Cincinnati.

799
00:45:28,800 --> 00:45:32,799
Speaker 12: Could internal struggles be the key to the chiefs administrative leave?

800
00:45:33,160 --> 00:45:35,239
Speaker 3: Well the top of the hour report I'm le