1 00:00:06,320 --> 00:00:09,119 Speaker 1: This is America's Trucking Network with Kevin Gordon. 2 00:00:11,039 --> 00:00:15,240 Speaker 2: Love the able. Thanks for tuning in on this Tuesday morning. 3 00:00:15,960 --> 00:00:20,319 Speaker 2: We are now past officially past the Christmas season. The 4 00:00:20,600 --> 00:00:23,959 Speaker 2: Christmas season just ended, what about five six minutes ago, 5 00:00:24,400 --> 00:00:28,520 Speaker 2: after the end of the Twelfth Night. Again, Christmas season 6 00:00:28,680 --> 00:00:31,960 Speaker 2: and the actual Christmas period begins Christmas Day and then 7 00:00:32,040 --> 00:00:35,320 Speaker 2: goes for the twelve days after Christmas, not the twelve 8 00:00:35,440 --> 00:00:38,640 Speaker 2: days before Christmas. Today is the feast of the Epiphany, 9 00:00:38,720 --> 00:00:40,800 Speaker 2: and according to the Bible and according to the legend, 10 00:00:40,960 --> 00:00:44,240 Speaker 2: it's today that the Three Wise Men came and recognized 11 00:00:44,680 --> 00:00:48,400 Speaker 2: and visited Jesus in the Manger and the Holy Family. 12 00:00:48,720 --> 00:00:51,080 Speaker 2: So again, this is the end of the Christmas season 13 00:00:51,159 --> 00:00:55,840 Speaker 2: and the Christian religion. It's a very important day. Now 14 00:00:56,240 --> 00:00:59,200 Speaker 2: over the weekend, a little bit of excitement down there 15 00:00:59,200 --> 00:01:03,800 Speaker 2: in Venezuela. I guess Nicholas Maduro entered the FO stage 16 00:01:03,840 --> 00:01:08,520 Speaker 2: as an f A FO talking about the Narco terrorism 17 00:01:08,640 --> 00:01:16,679 Speaker 2: down there, and I tell you, I saw the dumbest 18 00:01:16,959 --> 00:01:22,920 Speaker 2: interview from what is it, CBS Face the Nation. Margaret 19 00:01:22,959 --> 00:01:28,000 Speaker 2: Brennan has this ability to be about as dumb as 20 00:01:28,040 --> 00:01:31,600 Speaker 2: a box of rocks. She's talking to Marco Rubio, which 21 00:01:31,640 --> 00:01:34,680 Speaker 2: I'm surprised Marco Rubio goes on the show, but you know, 22 00:01:34,760 --> 00:01:36,919 Speaker 2: when you know you're going to tear up the host 23 00:01:37,280 --> 00:01:40,800 Speaker 2: and that the host can't you know, blow over you, 24 00:01:41,080 --> 00:01:45,400 Speaker 2: or you know, confound you or confuse you, or ask 25 00:01:45,440 --> 00:01:48,040 Speaker 2: you a question you're not ready for. I guess it's 26 00:01:48,080 --> 00:01:51,400 Speaker 2: okay to go on these shows just to embarrass them. 27 00:01:51,880 --> 00:01:56,880 Speaker 2: But she's talking to him about this effort, this military 28 00:01:56,960 --> 00:02:03,720 Speaker 2: effort that was done and says, I'm confused. There are 29 00:02:04,080 --> 00:02:09,080 Speaker 2: two other or three other indicted people down there that 30 00:02:09,160 --> 00:02:12,760 Speaker 2: are still in power. Why did you just go after 31 00:02:13,000 --> 00:02:17,359 Speaker 2: this one person? And I will say that. At first, 32 00:02:17,400 --> 00:02:20,320 Speaker 2: Marco Rubio's face was like, I can't believe that I'm 33 00:02:20,360 --> 00:02:25,320 Speaker 2: actually that she's actually asking this question. And he responds 34 00:02:25,320 --> 00:02:31,079 Speaker 2: with you're confused. Now, during the Biden administration, they had 35 00:02:31,120 --> 00:02:36,600 Speaker 2: put a fifty million dollar bounty on the capture of 36 00:02:36,800 --> 00:02:42,760 Speaker 2: Nicholas Maduro, an indicted a drug lord, marco terrorist, head 37 00:02:42,800 --> 00:02:45,959 Speaker 2: of a state down there in the country of Venezuela. 38 00:02:46,400 --> 00:02:50,919 Speaker 2: So during the Biden administration even they recognized his threat 39 00:02:51,000 --> 00:02:54,040 Speaker 2: to the Americans. Now, apparently there are some others. She 40 00:02:54,080 --> 00:02:56,960 Speaker 2: put up a charter a picture of somebody who had 41 00:02:56,960 --> 00:03:00,920 Speaker 2: a fifteen million dollar bounty on them. So you know, 42 00:03:01,760 --> 00:03:03,760 Speaker 2: you know, you don't have to be a mathematician to 43 00:03:03,880 --> 00:03:06,960 Speaker 2: understand that the guy that has has the fifty million 44 00:03:07,840 --> 00:03:12,919 Speaker 2: bounty on him versus the fifteen million bounty. I would 45 00:03:12,919 --> 00:03:15,200 Speaker 2: say the guy with the fifty million is probably a 46 00:03:15,240 --> 00:03:18,160 Speaker 2: little bit higher priority. Oh and by the way, the 47 00:03:18,160 --> 00:03:21,200 Speaker 2: fact that he was the leader of the country, the 48 00:03:21,320 --> 00:03:25,480 Speaker 2: de facto leader. He was the president of the country, 49 00:03:25,800 --> 00:03:30,680 Speaker 2: even though sixty European countries and EU and all these 50 00:03:30,919 --> 00:03:34,440 Speaker 2: didn't recognize we don't recognize him as the president. Because 51 00:03:34,480 --> 00:03:37,440 Speaker 2: there was an election that was supposed to take place 52 00:03:37,560 --> 00:03:42,400 Speaker 2: once I was at twenty twenty three and thereabouts, and 53 00:03:42,520 --> 00:03:50,280 Speaker 2: this lady her name escapes me, Miccado, Carlos, whatever her name, 54 00:03:50,640 --> 00:03:52,920 Speaker 2: She was the one that won the Nobel Peace Prize 55 00:03:53,240 --> 00:03:56,240 Speaker 2: for her efforts. Now, she was one of the leading 56 00:03:56,320 --> 00:04:00,120 Speaker 2: candidates down there when they were going to do the elections. Well, 57 00:04:00,200 --> 00:04:05,280 Speaker 2: Nicholas Maduro said that his government said she was not 58 00:04:05,600 --> 00:04:12,960 Speaker 2: allowed to run again. Then she appointed one other person 59 00:04:13,120 --> 00:04:16,520 Speaker 2: to go in her stead, and then that person was 60 00:04:17,520 --> 00:04:22,080 Speaker 2: pushed aside, and then eventually the candidate that she supported 61 00:04:22,440 --> 00:04:26,640 Speaker 2: actually apparently got the majority of the votes, but then 62 00:04:26,880 --> 00:04:30,360 Speaker 2: Nicholas Maduro and his thugs said, no way, it's you know, 63 00:04:31,240 --> 00:04:36,520 Speaker 2: it wasn't a fair election, and Nicholas Maduro was crowned 64 00:04:36,600 --> 00:04:40,360 Speaker 2: or was designated as the winner of the election. So 65 00:04:41,120 --> 00:04:45,320 Speaker 2: he's not been recognized by the world down there, and 66 00:04:46,000 --> 00:04:48,960 Speaker 2: he's got this fifty million dollar bounty on his head. 67 00:04:49,320 --> 00:04:51,840 Speaker 2: And so they go in there and she's going, well, 68 00:04:51,839 --> 00:04:55,440 Speaker 2: why didn't you pick up the others? And Marco looks 69 00:04:55,440 --> 00:05:02,559 Speaker 2: at her and says, you're confused. We're gonna go in Okay, 70 00:05:03,320 --> 00:05:08,040 Speaker 2: And he described this military operation. He said, we landed 71 00:05:08,160 --> 00:05:14,720 Speaker 2: helicopters in the middle of the largest military base in Venezuela, 72 00:05:14,839 --> 00:05:18,960 Speaker 2: because Nicholas Maduro lived on this army base. Within a 73 00:05:19,000 --> 00:05:23,520 Speaker 2: three minute period of time, went to where he was sleeping, 74 00:05:23,960 --> 00:05:28,080 Speaker 2: kicked in the door, arrested him, read him his rights, 75 00:05:28,160 --> 00:05:30,559 Speaker 2: got him on a helicopter, and with a three minute 76 00:05:30,600 --> 00:05:33,680 Speaker 2: period of time, they were gone. And he says, you 77 00:05:33,760 --> 00:05:37,080 Speaker 2: expected us to do this five other times in the city, 78 00:05:37,520 --> 00:05:41,800 Speaker 2: in the country, with the operations, I mean just in 79 00:05:41,880 --> 00:05:46,480 Speaker 2: the attacking the infrastructure and the radar screens and stuff, 80 00:05:46,520 --> 00:05:52,400 Speaker 2: so that they couldn't in the communications infrastructure. There was 81 00:05:52,440 --> 00:05:56,080 Speaker 2: something like one hundred and fifty aircraft that were involved 82 00:05:56,120 --> 00:05:58,800 Speaker 2: in this, not to mention the helicopters that actually went 83 00:05:58,839 --> 00:06:01,440 Speaker 2: into the compound. And he said, so you expect us 84 00:06:01,480 --> 00:06:04,120 Speaker 2: to be on the ground for like four days, rounding 85 00:06:04,160 --> 00:06:06,680 Speaker 2: up all these other people. Look at the howls that 86 00:06:06,720 --> 00:06:09,279 Speaker 2: there have been up to this point with what we did. 87 00:06:09,520 --> 00:06:11,240 Speaker 2: Can you imagine if we were there for four And 88 00:06:11,279 --> 00:06:14,720 Speaker 2: then she goes, but I'm confusing. She even repeated it. 89 00:06:14,800 --> 00:06:17,680 Speaker 2: She goes, why didn't you grab these other people? And 90 00:06:17,680 --> 00:06:21,279 Speaker 2: it's like, you know, how ignorant can you be? I 91 00:06:21,320 --> 00:06:24,600 Speaker 2: mean it's like you go in with she goes in 92 00:06:24,640 --> 00:06:28,479 Speaker 2: with this narrative and nothing is going to break her 93 00:06:28,920 --> 00:06:32,039 Speaker 2: from I mean, you present them with the facts, give 94 00:06:32,040 --> 00:06:35,240 Speaker 2: them with the information, and they still don't understand. I mean, 95 00:06:35,240 --> 00:06:39,520 Speaker 2: they got this preconceived idea. But the fact of over 96 00:06:39,560 --> 00:06:42,760 Speaker 2: one hundred and fifty different aircraft being around, flying through 97 00:06:42,760 --> 00:06:48,359 Speaker 2: the airspace there glanding in the middle of a military compound, 98 00:06:48,440 --> 00:06:53,039 Speaker 2: nabbing this guy. Not one US soldier was injured. I 99 00:06:53,040 --> 00:06:54,800 Speaker 2: think there was a little bit of damage to one 100 00:06:54,880 --> 00:06:59,279 Speaker 2: of the helicopters, but it was a highly successful operation. 101 00:07:00,200 --> 00:07:02,919 Speaker 2: Nicholas Maduro is in New York and is going to 102 00:07:02,920 --> 00:07:06,320 Speaker 2: be indicted and go on trial. So it is just 103 00:07:06,520 --> 00:07:12,160 Speaker 2: absolutely amazing that it was that they didn't understand. Now, 104 00:07:12,200 --> 00:07:15,120 Speaker 2: what was funny is that all day Sunday all you 105 00:07:15,200 --> 00:07:22,000 Speaker 2: heard was people like Mandani in New York, Zoran Mundani, 106 00:07:22,080 --> 00:07:27,480 Speaker 2: the new mayor, the socialist, the communist mayor of New 107 00:07:27,560 --> 00:07:32,760 Speaker 2: York condemning the operation. You had China condemning the operation, 108 00:07:33,320 --> 00:07:40,880 Speaker 2: Iran condemning the operation, North Korea condemning the operation, and 109 00:07:40,960 --> 00:07:46,400 Speaker 2: a wholesalel of democrats. So great company you're in there 110 00:07:46,680 --> 00:07:51,560 Speaker 2: when you're siding with Iran, China, North Korea, all enemies 111 00:07:51,560 --> 00:07:55,360 Speaker 2: of the of the United States. Well, all these protests 112 00:07:55,360 --> 00:07:57,840 Speaker 2: were breaking out, and of course the usual mob of 113 00:07:58,320 --> 00:08:02,760 Speaker 2: you know, you know the you know, the Palestinian supporters 114 00:08:02,960 --> 00:08:06,160 Speaker 2: that had been protesting and you know, from the river 115 00:08:06,240 --> 00:08:11,160 Speaker 2: to the sea. Apparently, since that has resolved and there 116 00:08:11,200 --> 00:08:14,040 Speaker 2: has ceasefire over there, they've got nothing to complain about. 117 00:08:14,360 --> 00:08:18,440 Speaker 2: I guess the Russia Russia Russia hoax isn't available right now, 118 00:08:19,440 --> 00:08:21,360 Speaker 2: So this is the latest thing that they were all 119 00:08:21,400 --> 00:08:26,240 Speaker 2: upset about. But Monday morning, I was shocked to see 120 00:08:26,560 --> 00:08:34,160 Speaker 2: how many people weren't protesting, weren't criticizing. Different Senate leaders, 121 00:08:34,200 --> 00:08:38,760 Speaker 2: different Democratic leaders around the country kind of started tamping down, said, well, 122 00:08:38,800 --> 00:08:41,480 Speaker 2: we want to take away and see approach. I guess 123 00:08:42,240 --> 00:08:48,839 Speaker 2: they saw all these celebrations in the streets of Caracas, Venezuela, 124 00:08:49,200 --> 00:08:55,640 Speaker 2: all the people saying chanting, USA, USA, USA, cheering, just 125 00:08:55,960 --> 00:08:59,400 Speaker 2: millions of people in the street applauding the fact that 126 00:08:59,480 --> 00:09:02,840 Speaker 2: we went in and took out this brutal dictator who 127 00:09:02,840 --> 00:09:07,120 Speaker 2: had ruined their economy. Go back to ten fifteen years ago, 128 00:09:07,520 --> 00:09:11,720 Speaker 2: Venezuela was one of the richest countries in the South 129 00:09:11,720 --> 00:09:16,480 Speaker 2: America South America area. People were living well. All of 130 00:09:16,520 --> 00:09:21,240 Speaker 2: a sudden, Hugo Chavez seizes control, a communist starts doing 131 00:09:21,280 --> 00:09:24,840 Speaker 2: the collectivization that Mandani is now doing in New York, 132 00:09:25,600 --> 00:09:28,240 Speaker 2: and the economy went to hell in a handbasket. The 133 00:09:28,280 --> 00:09:32,880 Speaker 2: grocery stores were empty, just like every other communist country. 134 00:09:33,080 --> 00:09:36,720 Speaker 2: The economy failed. The biggest resource that they had there, 135 00:09:36,840 --> 00:09:40,319 Speaker 2: their oil, went from was this something like three hundred 136 00:09:40,360 --> 00:09:44,000 Speaker 2: million barrels a day down to pretty much zero. And 137 00:09:44,080 --> 00:09:47,440 Speaker 2: so the people of there were suffering. And the fact 138 00:09:47,480 --> 00:09:50,400 Speaker 2: that now mc nicholas Maduro is out. They are cheering 139 00:09:50,480 --> 00:09:55,680 Speaker 2: like crazy Liberation Day, Independence Day for the people of Venezuela. 140 00:09:56,000 --> 00:09:58,440 Speaker 2: And I guess the people here saying, well, gee whiz. 141 00:09:59,080 --> 00:10:02,440 Speaker 2: If they're so that and we're protesting it, could we 142 00:10:02,520 --> 00:10:05,440 Speaker 2: possibly be on the wrong side of this anyway. I'm 143 00:10:05,520 --> 00:10:09,640 Speaker 2: Kevin Gordon, americastruck in Network seven hundred WLW. 144 00:10:10,880 --> 00:10:13,959 Speaker 1: I need This is the racing reward on America's Drugging 145 00:10:14,040 --> 00:10:16,400 Speaker 1: Network on seven hundred WLW. 146 00:10:17,240 --> 00:10:20,880 Speaker 3: NHR seventy fifth anniversary season is set for twenty twenty six, 147 00:10:21,160 --> 00:10:24,160 Speaker 3: and with the incredible landmark season comes a wave of 148 00:10:24,200 --> 00:10:27,440 Speaker 3: special can't miss items and happenings throughout the course of 149 00:10:27,440 --> 00:10:30,920 Speaker 3: the season. The sports most coveted prize, the Wally, will 150 00:10:30,920 --> 00:10:34,120 Speaker 3: get an eye catching makeover for just the anniversary season, 151 00:10:34,480 --> 00:10:38,440 Speaker 3: making it a desired goal for any NHR competitor. For 152 00:10:38,559 --> 00:10:42,400 Speaker 3: the entire year, every racer competing at an NHRA event 153 00:10:42,679 --> 00:10:46,080 Speaker 3: from the NHR Mission Foods Drag Racing Series to the 154 00:10:46,200 --> 00:10:51,600 Speaker 3: NHRA Lucasol Drag Racing Series, Divisional Races, NHR Summit Et 155 00:10:51,880 --> 00:10:54,599 Speaker 3: Series and more will get a once in a lifetime 156 00:10:54,640 --> 00:10:58,400 Speaker 3: opportunity to race for a Diamond Wally. The special NHR 157 00:10:58,679 --> 00:11:02,600 Speaker 3: seventy fifth Anniversary Diamond Wally will only be available in 158 00:11:02,679 --> 00:11:05,920 Speaker 3: twenty twenty six, starting at the season kickoff at the 159 00:11:06,040 --> 00:11:09,480 Speaker 3: NHR Gator Nationals in March. Some of the special seventy 160 00:11:09,480 --> 00:11:13,520 Speaker 3: fifth Anniversary highlights include commemorative tickets. They're going to honor 161 00:11:13,880 --> 00:11:17,840 Speaker 3: NHRA legends at each event. Top seventy five driver list 162 00:11:17,880 --> 00:11:21,400 Speaker 3: will be announced Top seventy five moments in NHRA history 163 00:11:21,400 --> 00:11:24,599 Speaker 3: in twenty twenty six. There is a seventy fifth anniversary 164 00:11:24,640 --> 00:11:29,200 Speaker 3: coffee table book available, a seventy fifth anniversary website. Seventy 165 00:11:29,200 --> 00:11:34,000 Speaker 3: fifth anniversary apparel is being released at nitromol dot com. 166 00:11:35,200 --> 00:11:38,600 Speaker 1: This is the racing report on America's Drugging Network on 167 00:11:38,760 --> 00:11:43,960 Speaker 1: seven hundred WLW, Say Dennison a t N. 168 00:11:44,720 --> 00:11:45,760 Speaker 2: This is Jim Hello. 169 00:11:45,960 --> 00:11:48,960 Speaker 4: Jim started advertising with iHeartRadio way back in April. 170 00:11:49,520 --> 00:11:54,600 Speaker 2: I'm Kevin Gordon, America's Trucking Network seven hundred WLW to 171 00:11:54,640 --> 00:11:59,439 Speaker 2: take a look at transpired in Venezuela late Saturday night, 172 00:11:59,480 --> 00:12:03,600 Speaker 2: earlyday morning capture of Nicholas Maduro and his wife being 173 00:12:03,640 --> 00:12:07,400 Speaker 2: brought to New York to stand charges for drug trafficking 174 00:12:07,600 --> 00:12:10,880 Speaker 2: and so on. I'm not sure of all the charges 175 00:12:11,120 --> 00:12:13,280 Speaker 2: against them, but it will be very interesting to see 176 00:12:13,280 --> 00:12:18,400 Speaker 2: how it comes out. Code named Operation Absolute resolved A 177 00:12:18,520 --> 00:12:22,920 Speaker 2: Chapter A chapter. In a wider campaign against alleged drug trafficking, 178 00:12:23,240 --> 00:12:26,440 Speaker 2: US military unleased a wave of air strikes in Venezuela, 179 00:12:26,559 --> 00:12:32,160 Speaker 2: neutralized their air defenses, and sent an eleas elite special forces. Result, 180 00:12:32,240 --> 00:12:36,760 Speaker 2: Nicholas Maduau and his wife Cela Flores were swiftly captured 181 00:12:36,760 --> 00:12:41,120 Speaker 2: in Caracas and whisked away onto the us uss EWOJIMA, 182 00:12:41,280 --> 00:12:44,840 Speaker 2: then onto New York for narco terrorism charge. All prices 183 00:12:44,880 --> 00:12:48,960 Speaker 2: took at a wild ride, tanking at first, only to 184 00:12:49,040 --> 00:12:52,320 Speaker 2: roar back as Wall Street children cheered a strong dollar, 185 00:12:52,720 --> 00:12:58,480 Speaker 2: rising stock market and a booming demand. Expert projections the 186 00:12:58,640 --> 00:13:04,120 Speaker 2: zero American casual was a plus. Vice President Delsey Rodriguez 187 00:13:04,200 --> 00:13:08,520 Speaker 2: was reportedly installed as the interim leader under Washington's watchful 188 00:13:08,640 --> 00:13:13,080 Speaker 2: I they are going to do apparently well, try to 189 00:13:13,120 --> 00:13:16,920 Speaker 2: move towards elections as soon as possible. Trump administration wasted 190 00:13:16,960 --> 00:13:21,680 Speaker 2: no time promising to rebuild Venezuela's energy infrastructure, inviting US 191 00:13:21,800 --> 00:13:24,920 Speaker 2: companies to take the reins. Now we had built their 192 00:13:25,080 --> 00:13:29,120 Speaker 2: energy structure down there, We had apparently leases with them, 193 00:13:29,520 --> 00:13:33,040 Speaker 2: Chevron and a lot of the major oil companies, and 194 00:13:33,120 --> 00:13:38,160 Speaker 2: when Hugo Chavez came in and along with Nicholas Maduro, 195 00:13:38,520 --> 00:13:43,360 Speaker 2: they nationalized all of the oil fields and the leases 196 00:13:43,400 --> 00:13:47,960 Speaker 2: there and basically seize those leases and kicked the American 197 00:13:48,000 --> 00:13:50,720 Speaker 2: companies out and said we got it from here, which 198 00:13:50,800 --> 00:13:55,720 Speaker 2: apparently they didn't. So again, the infrastructure in place down 199 00:13:55,720 --> 00:14:00,960 Speaker 2: there after twenty years about of miss management and so on, 200 00:14:01,120 --> 00:14:03,400 Speaker 2: is going to require a little bit of rebuilding. But 201 00:14:03,559 --> 00:14:07,119 Speaker 2: Chevron had gone back down there and with the permission 202 00:14:07,200 --> 00:14:09,440 Speaker 2: of the US to start doing some of the drilling 203 00:14:09,520 --> 00:14:13,679 Speaker 2: down there or some of the well production down there, 204 00:14:13,840 --> 00:14:18,320 Speaker 2: because as you recall, back during the Biden administration, when 205 00:14:18,360 --> 00:14:21,600 Speaker 2: he came into office, he started stopped selling the or 206 00:14:21,680 --> 00:14:25,760 Speaker 2: stopped allowing the oil leases around the country, which is 207 00:14:25,840 --> 00:14:28,960 Speaker 2: by law they were supposed to do. Seized oil production 208 00:14:29,040 --> 00:14:31,680 Speaker 2: in the Gulf of Mexico, in Canada and a lot 209 00:14:31,720 --> 00:14:34,600 Speaker 2: of the different oil fields around the country. And then 210 00:14:34,680 --> 00:14:37,680 Speaker 2: all of a sudden, we started importing more oil from 211 00:14:37,840 --> 00:14:42,680 Speaker 2: overseas than we were producing here. And from twenty twenty, 212 00:14:42,760 --> 00:14:45,640 Speaker 2: when we were energy independent for the first time since 213 00:14:45,720 --> 00:14:48,840 Speaker 2: nineteen forty nine, all of a sudden, we became very 214 00:14:49,000 --> 00:14:55,560 Speaker 2: energy dependent. Now coming into office, Biden criticized Saudi Arabia, 215 00:14:55,640 --> 00:14:59,000 Speaker 2: saying that they were a pariah nation having to do 216 00:14:59,080 --> 00:15:03,760 Speaker 2: with that Asam fascination or killing of Kosoji that Washington 217 00:15:03,840 --> 00:15:09,920 Speaker 2: supposed Washington Post reporter. But they were saying that we 218 00:15:09,920 --> 00:15:12,720 Speaker 2: weren't going to deal with Saudi Arabia. Then also they 219 00:15:12,760 --> 00:15:16,080 Speaker 2: put the clamps on Venezuela for being a communist country 220 00:15:16,160 --> 00:15:18,720 Speaker 2: and they weren't going to buy oil from them. Well, 221 00:15:19,080 --> 00:15:21,640 Speaker 2: all of a sudden, when you stop producing oil or 222 00:15:21,680 --> 00:15:24,680 Speaker 2: cut back production in the United States, guess what you 223 00:15:24,800 --> 00:15:27,120 Speaker 2: need production of oil. So then all of a sudden 224 00:15:27,160 --> 00:15:31,520 Speaker 2: he goes over on bended knee to Saudi Arabia to 225 00:15:31,600 --> 00:15:35,080 Speaker 2: bake for oil. They basically told him to pound sand. 226 00:15:35,560 --> 00:15:40,280 Speaker 2: And so then he started going to Venezuela, lifted the 227 00:15:40,320 --> 00:15:43,600 Speaker 2: sanctions there and started importing oil from there, and allowed 228 00:15:45,120 --> 00:15:48,320 Speaker 2: Chevron to go down there and run some of the operations. 229 00:15:48,680 --> 00:15:53,120 Speaker 2: So again, back during the Biden administration, fifty million dollars 230 00:15:53,200 --> 00:15:56,480 Speaker 2: bounding on Hugo or on Nicholas Maduro done by the 231 00:15:56,480 --> 00:16:00,280 Speaker 2: Biden administration started dealing with Venezuela went already they had 232 00:16:00,320 --> 00:16:03,960 Speaker 2: add sanctions on them. So the idea that they're wavering, 233 00:16:04,120 --> 00:16:07,440 Speaker 2: and you know, as they talk about the the Trump 234 00:16:07,480 --> 00:16:10,880 Speaker 2: administration with the late raising of terrorists, lowering of terraces 235 00:16:10,880 --> 00:16:14,960 Speaker 2: and so on, the bumpy ride or the inconsistent foreign policy. 236 00:16:15,120 --> 00:16:17,720 Speaker 2: We'll just take a look at the inconsistent foreign policy 237 00:16:17,920 --> 00:16:20,000 Speaker 2: with the Biden administration. We're not going to deal with 238 00:16:20,000 --> 00:16:22,560 Speaker 2: Saudi Arabia. They're a prior. Oh by the way, we 239 00:16:22,640 --> 00:16:24,960 Speaker 2: need to grow. Hey, can we have some oil and 240 00:16:25,040 --> 00:16:28,760 Speaker 2: we're going to put sanctions on Nicholas Maduro and Venezuela 241 00:16:28,840 --> 00:16:30,920 Speaker 2: and oh, by the way, we need that crude oil 242 00:16:31,040 --> 00:16:33,040 Speaker 2: in the United States, so hey, can we have some 243 00:16:33,160 --> 00:16:35,160 Speaker 2: of it? So, you know, don't talk to me about 244 00:16:35,360 --> 00:16:41,640 Speaker 2: how consistent they are. Energy infrastructure Chevron short lived return. 245 00:16:42,400 --> 00:16:45,960 Speaker 2: Back in the Biden administration, company ramped up this output 246 00:16:46,040 --> 00:16:48,840 Speaker 2: three hundred million barrel three hundred thousand barrels a day, 247 00:16:49,080 --> 00:16:53,520 Speaker 2: pushing Venezuela production back over a million, which they had been. 248 00:16:53,520 --> 00:16:57,400 Speaker 2: I believe it's somewhere around three million per year per day. 249 00:16:57,480 --> 00:17:01,760 Speaker 2: Rather so again, the United Nation Security Council, we hold 250 00:17:01,800 --> 00:17:04,320 Speaker 2: an emergency meeting. While they held an emergency meeting on Monday, 251 00:17:04,640 --> 00:17:07,120 Speaker 2: I didn't even bother to hear what they had to say, 252 00:17:07,119 --> 00:17:13,760 Speaker 2: because you know, they didn't stop Russia from invading Ukraine, 253 00:17:13,840 --> 00:17:16,520 Speaker 2: even though there was a year and a half upswing 254 00:17:16,680 --> 00:17:20,200 Speaker 2: or troop movement there indicating that they were going to invade. 255 00:17:20,400 --> 00:17:23,639 Speaker 2: They didn't do anything to try to stop that, and 256 00:17:23,680 --> 00:17:27,199 Speaker 2: they had advanced notice of that. They've done nothing in 257 00:17:27,320 --> 00:17:29,359 Speaker 2: order to end that war there. So now all of 258 00:17:29,400 --> 00:17:31,720 Speaker 2: a sudden they're gonna, you know, because you know, they're 259 00:17:31,760 --> 00:17:34,399 Speaker 2: just gonna condemn us. I would say, shut up, but 260 00:17:34,520 --> 00:17:36,720 Speaker 2: I'm not even gonna bother hearing what they had to say. 261 00:17:37,240 --> 00:17:43,879 Speaker 2: So again, upheaval in Venezuela pretty much for the good. 262 00:17:44,320 --> 00:17:47,640 Speaker 2: It'll be interesting to see how that happens, how the 263 00:17:47,680 --> 00:17:50,479 Speaker 2: free and fair elections come about, and whether or not 264 00:17:50,560 --> 00:17:53,639 Speaker 2: that country can get back to some sort of normalcy 265 00:17:54,119 --> 00:17:58,000 Speaker 2: as a result of being under the cruel thumb of 266 00:17:58,280 --> 00:18:03,800 Speaker 2: Nicholas Maduro and previously Hugo Chavez. So again, it'll be 267 00:18:03,800 --> 00:18:07,879 Speaker 2: interesting to see what happens down there. Some interesting comments 268 00:18:08,000 --> 00:18:14,199 Speaker 2: again before the new year, you know, we're starting to 269 00:18:14,240 --> 00:18:18,520 Speaker 2: see this will come well, it'll come as a surprise 270 00:18:18,720 --> 00:18:21,960 Speaker 2: to you. I don't know will it come as anyway. 271 00:18:22,480 --> 00:18:25,719 Speaker 2: I've been talking about our economy. I've been talking about 272 00:18:26,040 --> 00:18:31,640 Speaker 2: the effects of tariff since Liberation Day on April to second. 273 00:18:32,119 --> 00:18:35,440 Speaker 2: I because of going back to my days in school 274 00:18:35,760 --> 00:18:39,160 Speaker 2: and seeing economics and learning about tariffs and so on, 275 00:18:39,960 --> 00:18:42,679 Speaker 2: realized or said that the time, and some of the 276 00:18:42,720 --> 00:18:46,320 Speaker 2: other people that I read and respect said tariffs don't 277 00:18:46,400 --> 00:18:50,200 Speaker 2: lead to inflation. There are some temporary items that go up, 278 00:18:50,240 --> 00:18:53,879 Speaker 2: but then other items go down, so overall inflation pretty 279 00:18:53,920 --> 00:18:56,840 Speaker 2: much stays the same. And the way this was explained 280 00:18:56,840 --> 00:18:59,240 Speaker 2: as far as Trump talking about the charts that he 281 00:18:59,320 --> 00:19:02,919 Speaker 2: had showing that the amount of terifts they charge on 282 00:19:03,040 --> 00:19:06,879 Speaker 2: our products going into these countries versus the terriffts we 283 00:19:06,960 --> 00:19:09,800 Speaker 2: charge on their products, and said, We're just going to 284 00:19:09,880 --> 00:19:13,240 Speaker 2: do reciprocal tariffs. The tariffs that they charge us, We're 285 00:19:13,280 --> 00:19:15,560 Speaker 2: going to charge them, and then if they want to 286 00:19:16,240 --> 00:19:20,200 Speaker 2: have those are teriffs reduced on their goods, they can 287 00:19:20,240 --> 00:19:22,840 Speaker 2: reduce the tariffs on our goods going in there again 288 00:19:22,880 --> 00:19:27,240 Speaker 2: a negotiating tool. So all the people with their you know, 289 00:19:27,359 --> 00:19:30,040 Speaker 2: hair on fire talking about the economy is going to 290 00:19:30,080 --> 00:19:32,159 Speaker 2: go a tank. It's going to be in a recession, 291 00:19:32,600 --> 00:19:36,399 Speaker 2: rampant unemployment, rampant inflation, and so on. I guess they 292 00:19:36,400 --> 00:19:40,080 Speaker 2: were kind of what was a channeling the Biden administration, 293 00:19:40,440 --> 00:19:43,440 Speaker 2: which is that's exactly what happened during the Biden administration. 294 00:19:44,000 --> 00:19:48,000 Speaker 2: So all these naysayers started talking about it. Phil Flynn, 295 00:19:48,080 --> 00:19:53,159 Speaker 2: who we talked to on this show regularly, was in 296 00:19:53,200 --> 00:19:56,399 Speaker 2: the camp that tariffs don't add to inflation, it's the 297 00:19:56,480 --> 00:20:00,359 Speaker 2: out of control government spending. Kevin o'lary from Shark Tank, 298 00:20:03,880 --> 00:20:07,000 Speaker 2: Larry Kudlow from Fox Business, and Charles Paine, a lot 299 00:20:07,040 --> 00:20:09,240 Speaker 2: of these people on Fox Business News and some of 300 00:20:09,280 --> 00:20:15,280 Speaker 2: these other economists around the country actually supported the terroriffs. 301 00:20:15,640 --> 00:20:20,000 Speaker 2: Mainstream media spoon fed regurgitators, Democrats all condemned it and 302 00:20:20,040 --> 00:20:23,120 Speaker 2: so on. But it's interesting to see what has happened 303 00:20:23,160 --> 00:20:25,720 Speaker 2: as a result of that in how people have looked 304 00:20:25,720 --> 00:20:30,440 Speaker 2: at that. We had the GDP numbers that were above, 305 00:20:30,720 --> 00:20:34,919 Speaker 2: way above expectations, and all of these things that have 306 00:20:35,040 --> 00:20:39,639 Speaker 2: surprised all these people all along. There was an interview, well, 307 00:20:39,680 --> 00:20:44,120 Speaker 2: the Bank of America CEO had an unexpected view on 308 00:20:44,200 --> 00:20:48,639 Speaker 2: the economy, and this was an interview with who the 309 00:20:48,640 --> 00:20:53,320 Speaker 2: heck was he talking to? Oh yeah, oh I should 310 00:20:53,320 --> 00:20:56,879 Speaker 2: be surprised. In an interview with CBS News Faced the 311 00:20:57,000 --> 00:21:03,919 Speaker 2: Nation with Margaret Brannan. Bryant moynihan, the chairman CEO actually 312 00:21:03,960 --> 00:21:07,719 Speaker 2: CEO a Bank of America, had some very interesting things 313 00:21:07,920 --> 00:21:11,880 Speaker 2: and we'll get into that coming up again. And I'm 314 00:21:11,920 --> 00:21:14,359 Speaker 2: sure I didn't see the interview itself. I'm reading some 315 00:21:14,400 --> 00:21:17,159 Speaker 2: of the transcripts of that. I'm sure that she was 316 00:21:17,600 --> 00:21:21,200 Speaker 2: confused about that as well. I'm Kevin Gordon, america'struck in 317 00:21:21,280 --> 00:21:24,840 Speaker 2: Network seven hundred WLW. 318 00:21:24,760 --> 00:21:31,760 Speaker 5: News Traffic and Weather News Radio seven hundred wl W, Cincinnati. 319 00:21:32,240 --> 00:21:36,280 Speaker 4: The Secretary of Defense responds to the Venezuelan attacks with 320 00:21:36,400 --> 00:21:39,480 Speaker 4: your twelve thirty re parts. I'm Lee Mawin breaking now 321 00:21:40,080 --> 00:21:42,880 Speaker 4: new information out about the Saturday morning attack that also 322 00:21:42,920 --> 00:21:45,280 Speaker 4: resulted in the capturing of Nicholas Maduro. 323 00:21:45,600 --> 00:21:49,840 Speaker 6: Secretary Pete Hegseth saying Maduro and his wife unaware of 324 00:21:49,880 --> 00:21:52,919 Speaker 6: what was happening until minutes before. 325 00:21:52,920 --> 00:21:55,760 Speaker 4: Nicholas Maduro got to meet Great America's very thank you 326 00:21:55,760 --> 00:21:56,920 Speaker 4: you got three nights ago. 327 00:21:58,960 --> 00:22:01,320 Speaker 2: He didn't know they were coming three minutes for the 328 00:22:01,359 --> 00:22:06,200 Speaker 2: erav fact twice, I think I hear their craft Health. 329 00:22:06,080 --> 00:22:10,159 Speaker 6: Hun those Special Operations Forces coming under heavy gunfire by 330 00:22:10,280 --> 00:22:14,240 Speaker 6: maduro security grabbing Maduro and his wife as they headed 331 00:22:14,320 --> 00:22:15,240 Speaker 6: for a safe room. 332 00:22:15,640 --> 00:22:19,600 Speaker 4: ABC News Chief Global Affairs correspondent Bartha Raddits. 333 00:22:20,400 --> 00:22:23,520 Speaker 5: Now the latest forecast from the Train Heating and Cooling 334 00:22:23,600 --> 00:22:27,479 Speaker 5: Weather Center on news radio seven hundred WLWS. 335 00:22:27,560 --> 00:22:31,240 Speaker 7: Remit to Tuesday morning. We're mostly cloudy morning, low of 336 00:22:31,320 --> 00:22:34,560 Speaker 7: forty one degrees. Now for our Tuesday, we'll see the 337 00:22:34,600 --> 00:22:37,760 Speaker 7: clouds hanging around. Little breezy in a chance of sprinkles, 338 00:22:37,920 --> 00:22:41,040 Speaker 7: but a high of fifty six at night, still cloudy, 339 00:22:41,040 --> 00:22:44,320 Speaker 7: a low down to forty and some more significant rain 340 00:22:44,400 --> 00:22:47,520 Speaker 7: coming up on Thursday night. From your severe Weather station, 341 00:22:47,920 --> 00:22:52,440 Speaker 7: I'm nine first Warning Chief Meteorologist Steve Rawley, News Radio 342 00:22:52,600 --> 00:22:54,280 Speaker 7: seven hundred WLW. 343 00:22:54,600 --> 00:22:57,120 Speaker 4: Still nothing on the radar around the tri State. We're 344 00:22:57,119 --> 00:23:00,760 Speaker 4: at forty one degrees. Later, Today's shareholder A Fifth Third 345 00:23:00,800 --> 00:23:03,480 Speaker 4: Bang Corp. And Kamerica will vote on approving a ten 346 00:23:03,600 --> 00:23:07,959 Speaker 4: point nine billion dollar acquisition deal. It's considered the largest 347 00:23:08,000 --> 00:23:11,120 Speaker 4: for the Cincinnati company. The deal was initially agreed upon 348 00:23:11,240 --> 00:23:13,639 Speaker 4: October fifth, and it's seen as a virtual lock for 349 00:23:13,760 --> 00:23:16,360 Speaker 4: each side. The deal would make Fifth Third the ninth 350 00:23:16,520 --> 00:23:20,400 Speaker 4: largest US based bank. Regulators still need to approve this deal. 351 00:23:20,560 --> 00:23:23,360 Speaker 4: The Office of the Comptroller of the Currency already said yes, 352 00:23:23,760 --> 00:23:25,520 Speaker 4: we're writing on the Federal reserve boards. 353 00:23:25,600 --> 00:23:26,040 Speaker 2: Go ahead. 354 00:23:26,320 --> 00:23:29,359 Speaker 4: Fifth third CEO Tim Spence told analysts and investors this 355 00:23:29,520 --> 00:23:31,800 Speaker 4: deal should be finalized in the first quarter of twenty 356 00:23:31,840 --> 00:23:35,520 Speaker 4: twenty six, that ends March thirty. First your next updates 357 00:23:35,600 --> 00:23:38,960 Speaker 4: up one. I'mley Mawen. Who's Radio seven hundred WLW. 358 00:23:39,440 --> 00:23:42,080 Speaker 5: The free iHeartRadio app is the number one app for radio. 359 00:23:42,280 --> 00:23:44,600 Speaker 1: One tap gets you the most live radio stations from 360 00:23:44,640 --> 00:23:46,760 Speaker 1: all over the country, or make your local go to 361 00:23:46,880 --> 00:23:47,920 Speaker 1: a pre set on the app. 362 00:23:51,760 --> 00:23:54,080 Speaker 8: Here's your trucking forecast for the tri State and the 363 00:23:54,119 --> 00:23:56,800 Speaker 8: rest of the country. In the Try State, Overnight mostly claudy, 364 00:23:56,840 --> 00:23:58,920 Speaker 8: the low only down to forty cloudy Tuesday, with a 365 00:23:58,960 --> 00:24:02,120 Speaker 8: slight chance of morning ra highs in the upper fifties. Wednesday, 366 00:24:02,200 --> 00:24:05,040 Speaker 8: mostly cloudy, sky's early gradually clear, becoming sunny, a high 367 00:24:05,040 --> 00:24:07,560 Speaker 8: a fifty four. Mostly cloudy Thursday with a chance of 368 00:24:07,600 --> 00:24:10,960 Speaker 8: afternoon rain be high year sixty. Nationally out west, heavy 369 00:24:11,000 --> 00:24:13,600 Speaker 8: snow being seen over parts of the Cascades, Northern inter 370 00:24:13,720 --> 00:24:16,760 Speaker 8: Mountain Region, and the Northern Rockies, as monerate to heavy 371 00:24:16,800 --> 00:24:20,040 Speaker 8: snow is seen over the northeast Meanwhile, freezing rain possible 372 00:24:20,040 --> 00:24:22,760 Speaker 8: from the upper Mississippi Valley into the northeast. 373 00:24:24,440 --> 00:24:28,200 Speaker 2: Seven hundred W lw IM Kevin Gordon. This is America's 374 00:24:28,200 --> 00:24:31,240 Speaker 2: struck a network, America's trucking network supports a mission and 375 00:24:31,320 --> 00:24:34,399 Speaker 2: Reese across America. You can hear us every truck and 376 00:24:34,520 --> 00:24:38,280 Speaker 2: Tuesday at five am and ten am Eastern on Reese 377 00:24:38,320 --> 00:24:42,680 Speaker 2: Across America Radio. Available on the iHeartRadio app. Search the 378 00:24:42,800 --> 00:24:48,960 Speaker 2: word Rese. Now that's wr eaths for Reese Across America Radio. 379 00:24:49,320 --> 00:24:51,800 Speaker 2: And thank you to all our truckers for supporting the 380 00:24:51,920 --> 00:24:54,960 Speaker 2: mission of Reese Across America. If you miss any part 381 00:24:55,040 --> 00:24:56,880 Speaker 2: of our shows, make sure you hit up that iHeart 382 00:24:57,000 --> 00:24:59,920 Speaker 2: Radio app. Brought to you by our friends at Rush Trucks. 383 00:25:00,480 --> 00:25:04,440 Speaker 2: Talking about this story, Bank of America CEO drops unexpected 384 00:25:04,600 --> 00:25:07,720 Speaker 2: view on the economy. Now, all of a sudden, these 385 00:25:07,760 --> 00:25:10,080 Speaker 2: people are coming out of the woodwork. And you know 386 00:25:10,160 --> 00:25:13,840 Speaker 2: they've been very critical of the administration, very critical or 387 00:25:14,440 --> 00:25:18,480 Speaker 2: maybe sitting on the sidelines, not saying anything, not quite 388 00:25:18,560 --> 00:25:23,000 Speaker 2: sure where to go. Well again, now all of a sudden, 389 00:25:23,040 --> 00:25:25,960 Speaker 2: these people are coming out and it's a surprise to 390 00:25:26,080 --> 00:25:28,760 Speaker 2: some of these people. And I'm sure, Margaret Brennan not 391 00:25:28,880 --> 00:25:32,280 Speaker 2: only was she confused by Marco Rubio and what the 392 00:25:32,640 --> 00:25:36,960 Speaker 2: administration did down in Venezuela. I'm sure back on when 393 00:25:37,160 --> 00:25:40,200 Speaker 2: when was this December the twenty sixth, No, no, no, 394 00:25:40,359 --> 00:25:43,680 Speaker 2: when was this anyway the Sunday before or whatever. Towards 395 00:25:43,720 --> 00:25:46,000 Speaker 2: the end of the year heading into twenty twenty six, 396 00:25:46,840 --> 00:25:51,320 Speaker 2: had an interview with the CEO, Brian moynihan, and I'm 397 00:25:51,320 --> 00:25:56,400 Speaker 2: sure she was confused by that as well. And it's 398 00:25:56,480 --> 00:26:00,000 Speaker 2: no secret tariffs, trade wars, and recession chatter have died 399 00:26:00,000 --> 00:26:03,880 Speaker 2: dominated the economic conversation over the past year heading into 400 00:26:03,920 --> 00:26:08,040 Speaker 2: twenty twenty six, though Bank of America CEO isn't buying 401 00:26:08,200 --> 00:26:15,320 Speaker 2: into the panic welcome aboard. You know. Let's see going 402 00:26:15,440 --> 00:26:18,960 Speaker 2: back to January the twentieth, with the economic policy that 403 00:26:19,040 --> 00:26:22,520 Speaker 2: the Trump administration was putting into place, then with Liberation 404 00:26:22,720 --> 00:26:26,040 Speaker 2: Day on April the second, and one of the people 405 00:26:26,119 --> 00:26:30,199 Speaker 2: that was saying back then that hey, by the end 406 00:26:30,240 --> 00:26:34,119 Speaker 2: of the year, although these experts, the Federal Reserve and 407 00:26:34,200 --> 00:26:37,359 Speaker 2: all these people were saying that the gross domestic product, 408 00:26:37,480 --> 00:26:40,720 Speaker 2: which is summation of all the goods and services, we 409 00:26:41,160 --> 00:26:45,920 Speaker 2: might hit one point eight percent growth compared to the 410 00:26:46,040 --> 00:26:49,359 Speaker 2: two point four percent in the fourth quarter of the 411 00:26:49,680 --> 00:26:54,399 Speaker 2: Biden administration, and back then in April, I said that 412 00:26:54,600 --> 00:26:57,680 Speaker 2: by the end of the year, our inflation rate would 413 00:26:57,680 --> 00:26:59,879 Speaker 2: be now I said at the time would be down 414 00:26:59,920 --> 00:27:02,720 Speaker 2: to two percent, which is at two point seven percent. 415 00:27:03,440 --> 00:27:06,920 Speaker 2: I also said that the gross domestic product would be 416 00:27:07,080 --> 00:27:11,520 Speaker 2: somewhere between four point five and five percent. Now, we 417 00:27:11,720 --> 00:27:14,720 Speaker 2: haven't gotten the fourth quarter numbers yet, but we did 418 00:27:14,880 --> 00:27:17,600 Speaker 2: get the third quarter numbers, and it was at four 419 00:27:17,760 --> 00:27:22,280 Speaker 2: point three percent growth, certainly not one point eight that 420 00:27:22,480 --> 00:27:26,800 Speaker 2: was being predicted. So we have been way ahead of 421 00:27:26,840 --> 00:27:33,200 Speaker 2: the curve on this, and now late to the game. Brian, jeez, 422 00:27:34,560 --> 00:27:38,680 Speaker 2: he's not buying into the panic, the panic that everybody 423 00:27:38,800 --> 00:27:41,760 Speaker 2: was buying into back in April. So eight months later, 424 00:27:41,880 --> 00:27:45,960 Speaker 2: he's not gonna buy into the panic. Oh my gosh. 425 00:27:46,400 --> 00:27:52,280 Speaker 2: So anyway, the predictions of this, and I wonder, and 426 00:27:52,720 --> 00:27:56,680 Speaker 2: I've made this comment too that looking at the gross 427 00:27:56,800 --> 00:28:00,800 Speaker 2: domestic product of four point three percent, that was smack 428 00:28:00,960 --> 00:28:04,040 Speaker 2: dab in the middle of the Schumer shut down, forty 429 00:28:04,200 --> 00:28:09,399 Speaker 2: three days of where the military and the air traffic 430 00:28:09,440 --> 00:28:14,200 Speaker 2: controllers and many employees of the federal government weren't getting 431 00:28:14,320 --> 00:28:17,440 Speaker 2: their paychecks. Even though some of them were still required 432 00:28:17,480 --> 00:28:20,200 Speaker 2: to go to work, they weren't getting their paychecks. And 433 00:28:20,280 --> 00:28:24,080 Speaker 2: if you're not getting paychecks, chances are you're not out 434 00:28:24,160 --> 00:28:27,399 Speaker 2: spending a lot of money. Chances are you're not buying things, 435 00:28:27,760 --> 00:28:31,879 Speaker 2: and so that affects the gross domestic product. I'm going 436 00:28:31,960 --> 00:28:34,320 Speaker 2: to I'd be curious, and I've not seen anybody talk 437 00:28:34,359 --> 00:28:36,080 Speaker 2: about this. I may have to do a little digging 438 00:28:36,480 --> 00:28:39,200 Speaker 2: to see what the effects of the Schumer shutdown in 439 00:28:39,280 --> 00:28:42,680 Speaker 2: that forty three days was on the GDP. But we'll 440 00:28:42,720 --> 00:28:45,440 Speaker 2: certainly see in the fourth quarter what that number is. 441 00:28:45,560 --> 00:28:48,240 Speaker 2: But anyway, getting back to this heading into twenty twenty six, 442 00:28:48,280 --> 00:28:51,480 Speaker 2: so Bank of America CEO isn't buying into the panic. 443 00:28:51,880 --> 00:28:54,160 Speaker 2: In an interview with CBS News Face the Nation with 444 00:28:54,280 --> 00:29:00,040 Speaker 2: Margaret Brennan, Brian moynihan made much quieter contrarian argument that 445 00:29:00,160 --> 00:29:03,680 Speaker 2: the tariff induced shock englfing the markets last year is 446 00:29:03,840 --> 00:29:08,360 Speaker 2: moving toward an end point four perspective. As of December 447 00:29:08,400 --> 00:29:10,880 Speaker 2: the twenty sixth, and we talked about this last week. 448 00:29:11,160 --> 00:29:14,200 Speaker 2: At the end of the year, Nasdak composite had surged 449 00:29:14,600 --> 00:29:18,840 Speaker 2: twenty two point two percent year to date. That is 450 00:29:19,000 --> 00:29:22,840 Speaker 2: taking into consideration the twelve percent of thirteen percent dip 451 00:29:23,160 --> 00:29:27,640 Speaker 2: as of April the second, so not only did they 452 00:29:27,720 --> 00:29:31,240 Speaker 2: make that up, but then surged ahead twenty two point 453 00:29:31,320 --> 00:29:33,760 Speaker 2: two percent By the end of the year. S and 454 00:29:33,840 --> 00:29:36,800 Speaker 2: P five hundred was up seventeen point nine and the 455 00:29:36,960 --> 00:29:40,480 Speaker 2: Dow is up over fourteen point five, contrary to what's 456 00:29:40,560 --> 00:29:42,320 Speaker 2: being making the rounds. More and a Hand believes the 457 00:29:42,400 --> 00:29:45,440 Speaker 2: terraff situation is starting to settle down. He feels that 458 00:29:45,560 --> 00:29:48,160 Speaker 2: once the dust settles around where the rates end up, 459 00:29:48,280 --> 00:29:53,400 Speaker 2: landing businesses will adapt swiftly, cost will be cost will 460 00:29:53,480 --> 00:29:56,920 Speaker 2: get priced in, and supply chains will adjust. Moreover. More 461 00:29:56,960 --> 00:30:02,440 Speaker 2: and Ahan also points to steady consumer spending, ongoing wage expansion, 462 00:30:03,000 --> 00:30:07,400 Speaker 2: and the loosening labor market that's far far from broken, 463 00:30:08,200 --> 00:30:12,160 Speaker 2: far from broken, not weak. Like lyon Jerry Powell has 464 00:30:12,160 --> 00:30:17,280 Speaker 2: been talking about the week week labor market. All these 465 00:30:17,360 --> 00:30:21,280 Speaker 2: so called economists talking about the week labor market. And again, 466 00:30:22,600 --> 00:30:26,800 Speaker 2: let me remind I love this. Okay. This is a 467 00:30:26,880 --> 00:30:31,920 Speaker 2: definition by Lawrence J. Peter. He is a academy from 468 00:30:32,440 --> 00:30:36,040 Speaker 2: a professor from up in Canada, and he came up 469 00:30:36,080 --> 00:30:39,480 Speaker 2: with the Peter principle. Basically, people rise in business, they 470 00:30:39,640 --> 00:30:42,600 Speaker 2: rise to their level of incompetence. And I'm sure anybody's 471 00:30:42,600 --> 00:30:45,560 Speaker 2: been involved in corporate America, you see that on a 472 00:30:45,720 --> 00:30:48,560 Speaker 2: large scale where you know, it's just amazing that that 473 00:30:49,600 --> 00:30:52,880 Speaker 2: people advance. And there's a theory behind that. We won't 474 00:30:52,880 --> 00:30:56,000 Speaker 2: get into that now, but he defined an economists. Economist 475 00:30:56,040 --> 00:30:59,640 Speaker 2: is an expert who will know tomorrow why the things 476 00:30:59,680 --> 00:31:05,400 Speaker 2: he addicted yesterday didn't happen today. So again, economists always 477 00:31:05,480 --> 00:31:08,080 Speaker 2: looking in the rearview mirror, trying to explain why stuff 478 00:31:08,120 --> 00:31:11,280 Speaker 2: they predicted didn't happen. But they're they're great at telling 479 00:31:11,320 --> 00:31:14,520 Speaker 2: you why it didn't happen after it didn't happen. But again, 480 00:31:14,920 --> 00:31:18,200 Speaker 2: I love to be well, you know, if they were listening, 481 00:31:18,360 --> 00:31:21,520 Speaker 2: America struck a network again, you know, eight months ago, 482 00:31:22,280 --> 00:31:24,800 Speaker 2: be so far ahead of the curve, don't even see 483 00:31:24,840 --> 00:31:28,760 Speaker 2: your tail lights. Let's see morning hand points city city 484 00:31:28,800 --> 00:31:33,080 Speaker 2: consumer spending and the labor market is far from broken. 485 00:31:33,720 --> 00:31:37,440 Speaker 2: Even the Federal Reserve, he suggests, matters a lot less 486 00:31:37,760 --> 00:31:41,840 Speaker 2: than mister market thinks. Okay, again, the consumers. Now, I 487 00:31:41,960 --> 00:31:44,960 Speaker 2: disagree with that to a certain extent, because if you 488 00:31:45,040 --> 00:31:48,800 Speaker 2: talk about the Federal Reserve and them involved in interest 489 00:31:48,880 --> 00:31:51,880 Speaker 2: rates and how what they do at the federal reserve 490 00:31:52,040 --> 00:31:55,840 Speaker 2: level on those interest rates to the individual banks, that 491 00:31:56,680 --> 00:32:01,080 Speaker 2: event filters through to our credit cards, into our car loans, 492 00:32:01,280 --> 00:32:06,680 Speaker 2: truck loans, business expansion loans, mortgages, and so on. So again, 493 00:32:07,080 --> 00:32:10,840 Speaker 2: the focus on the federal reserve because of interest rate cuts, 494 00:32:11,240 --> 00:32:14,120 Speaker 2: I think is a lot more important to the people 495 00:32:14,320 --> 00:32:16,800 Speaker 2: on the street than it would be to say, uh, 496 00:32:17,000 --> 00:32:20,840 Speaker 2: you know, CEO of Bank of America. Again, good comments 497 00:32:20,880 --> 00:32:22,840 Speaker 2: he had, but I think he missed the mark a 498 00:32:22,880 --> 00:32:25,320 Speaker 2: little bit as far as the Federal Reserve talking about that. 499 00:32:25,400 --> 00:32:28,720 Speaker 2: We're too fixated with what the what the Federal Reserve 500 00:32:28,840 --> 00:32:32,640 Speaker 2: is doing. Uh, Labor and consumer matters more than consumer. 501 00:32:32,880 --> 00:32:36,360 Speaker 2: Labor and consumers matter more than terriffs right now, according 502 00:32:36,400 --> 00:32:40,120 Speaker 2: to moynihan. Moinnan is clear that the real economic wildcard 503 00:32:40,200 --> 00:32:43,960 Speaker 2: sits elsewhere, with the big uncertainty for business currently being 504 00:32:44,160 --> 00:32:48,080 Speaker 2: labor and not trade policy. He notes that for small 505 00:32:48,200 --> 00:32:51,120 Speaker 2: and mid sized businesses, the real challenge is figuring out 506 00:32:51,440 --> 00:32:55,440 Speaker 2: whether they can hire and retain workers. That means hire 507 00:32:55,600 --> 00:32:59,080 Speaker 2: and retain workers, can they afford it because of interest rates? 508 00:32:59,240 --> 00:33:02,880 Speaker 2: If they tried to expand labor availability, which is often 509 00:33:02,960 --> 00:33:08,360 Speaker 2: linked to immigration policy. Clarity continues getting tougher to plan around. 510 00:33:09,640 --> 00:33:11,560 Speaker 2: You know, when you look at the population out there, 511 00:33:11,720 --> 00:33:16,000 Speaker 2: when you look at the labor participation rate, there is 512 00:33:16,120 --> 00:33:18,680 Speaker 2: a lot of room there. There are people that are 513 00:33:18,760 --> 00:33:21,440 Speaker 2: out of the labor market that should be in the 514 00:33:21,560 --> 00:33:26,400 Speaker 2: labor market. But because there are certain subsidies, because there 515 00:33:26,440 --> 00:33:29,760 Speaker 2: are certain benefits to being out of the labor market, 516 00:33:30,200 --> 00:33:32,560 Speaker 2: if some of those were tightened a bit, you might 517 00:33:32,600 --> 00:33:36,240 Speaker 2: get people coming back into the labor market. Point a 518 00:33:36,240 --> 00:33:39,360 Speaker 2: hand points consumer spending through late November with the again 519 00:33:39,760 --> 00:33:42,880 Speaker 2: the healthy four to five December was up four to 520 00:33:43,000 --> 00:33:45,680 Speaker 2: five percent, and that's consumer spending. On top of that, 521 00:33:46,080 --> 00:33:51,240 Speaker 2: the early season read data now shows it Visas estimating 522 00:33:51,440 --> 00:33:55,280 Speaker 2: holiday retail spending was up four point two percent from 523 00:33:55,520 --> 00:33:59,760 Speaker 2: November until December. Talking about the job growth and talking 524 00:33:59,760 --> 00:34:02,880 Speaker 2: about out other things, he again he talks about the 525 00:34:02,920 --> 00:34:05,960 Speaker 2: strength of the American economy, and I think again Margaret 526 00:34:05,960 --> 00:34:09,799 Speaker 2: Brennan was probably shocked by that, because, as I've been 527 00:34:09,880 --> 00:34:13,560 Speaker 2: saying a long time, the spoon fed rec urgitators in 528 00:34:13,600 --> 00:34:16,440 Speaker 2: the mainstream media have been doing everything they can do 529 00:34:16,840 --> 00:34:20,800 Speaker 2: to talk down the economy, and in my opinion, manufacturer 530 00:34:20,840 --> 00:34:24,319 Speaker 2: recession holiday sales, we'll tell me talking about those coming up. 531 00:34:24,360 --> 00:34:30,320 Speaker 2: I'm Kevin Gordon, America's Truck and Network seven hundred W Lwright. 532 00:34:30,160 --> 00:34:36,320 Speaker 1: News Radio seven hundred WLW, and iHeartRadio Station Guaranteed Human 533 00:34:36,760 --> 00:34:38,839 Speaker 1: seven hundred WLW, HI. 534 00:34:39,120 --> 00:34:44,600 Speaker 2: Heard Radio, Progressive Commercial Insurance, protext truck owners with specialized 535 00:34:44,640 --> 00:34:47,440 Speaker 2: coverages for heavy trucks, and sure it com be LW. 536 00:34:47,680 --> 00:34:51,080 Speaker 2: I'm Kevin Gordon. I have been looking for these numbers 537 00:34:51,239 --> 00:34:55,279 Speaker 2: for a long long time. You know, usually you will 538 00:34:55,400 --> 00:34:58,680 Speaker 2: see numbers coming out well a couple two three days, 539 00:34:58,920 --> 00:35:02,600 Speaker 2: you know, in between Christmas and New Year, because they 540 00:35:02,920 --> 00:35:06,480 Speaker 2: have the visa sales, they have the store sales and 541 00:35:06,800 --> 00:35:09,080 Speaker 2: all kinds of other metrics that they can look at 542 00:35:09,719 --> 00:35:12,160 Speaker 2: and come up with numbers. Didn't see any of that 543 00:35:12,400 --> 00:35:15,160 Speaker 2: last week, and some of that is now starting to 544 00:35:15,239 --> 00:35:20,600 Speaker 2: trickle in. And I wonder if because we had such 545 00:35:20,960 --> 00:35:24,239 Speaker 2: kind of a strange As I explained last week, it 546 00:35:24,400 --> 00:35:28,120 Speaker 2: was kind of a strange situation as far as our 547 00:35:29,320 --> 00:35:33,480 Speaker 2: working habits or whatever. With that holiday being on Thursday. 548 00:35:33,840 --> 00:35:36,000 Speaker 2: It's like people didn't know what to do with Friday. 549 00:35:36,200 --> 00:35:38,359 Speaker 2: Should they take off for one day? 550 00:35:38,480 --> 00:35:38,640 Speaker 4: You know? 551 00:35:39,160 --> 00:35:41,279 Speaker 2: Again, you know, I go I was talking last week 552 00:35:41,320 --> 00:35:44,480 Speaker 2: about how you know when you have a holiday like 553 00:35:44,520 --> 00:35:46,799 Speaker 2: the fourth of July or something like that Independence Day, 554 00:35:46,800 --> 00:35:49,840 Speaker 2: I should say, happens like on a Wednesday. So you 555 00:35:49,960 --> 00:35:51,960 Speaker 2: have the Monday and Tuesday, you go to work, and 556 00:35:52,000 --> 00:35:54,600 Speaker 2: then you're off on Wednesday, and then you come back Thursday, 557 00:35:54,680 --> 00:35:57,319 Speaker 2: and it feels like a second Monday during the week. Well, 558 00:35:57,440 --> 00:36:00,560 Speaker 2: with the holiday, with being on a Thursday, people were 559 00:36:00,600 --> 00:36:02,759 Speaker 2: taking a half day off on Wednesday, and a lot 560 00:36:02,840 --> 00:36:07,160 Speaker 2: of instances took off that Thursday and pretty much took 561 00:36:07,200 --> 00:36:09,919 Speaker 2: off that Friday, and then you had that short week 562 00:36:10,000 --> 00:36:13,040 Speaker 2: the following week for New Year's and some people were in, 563 00:36:13,360 --> 00:36:16,560 Speaker 2: some people were out. I noticed that in our office 564 00:36:17,120 --> 00:36:20,000 Speaker 2: here at the station, a lot of people. You know, 565 00:36:20,040 --> 00:36:22,480 Speaker 2: if you don't if you don't use it, you lose it. 566 00:36:22,800 --> 00:36:25,640 Speaker 2: As far as their vacation time, the final week, there 567 00:36:25,719 --> 00:36:28,920 Speaker 2: was a very scattered few people in the office because 568 00:36:28,960 --> 00:36:31,319 Speaker 2: a lot of people were getting squeezing in their last 569 00:36:31,680 --> 00:36:34,759 Speaker 2: few days of vacation time. So a lot of other 570 00:36:34,800 --> 00:36:36,560 Speaker 2: companies and a lot of people I tried to talk 571 00:36:36,640 --> 00:36:39,200 Speaker 2: to or call on Monday or Tuesday or Wednesday of 572 00:36:39,320 --> 00:36:41,960 Speaker 2: last week to try to schedule interviews or to try 573 00:36:42,000 --> 00:36:44,719 Speaker 2: to get some information. A lot of them were out 574 00:36:44,719 --> 00:36:46,400 Speaker 2: of the office and they said, well, I won't be 575 00:36:46,520 --> 00:36:49,440 Speaker 2: back in the office until you know, January of the 576 00:36:49,520 --> 00:36:52,520 Speaker 2: fifth or whatever. I'm like, my goodness, nice to have 577 00:36:52,920 --> 00:36:54,919 Speaker 2: a type of a business that you can shut down 578 00:36:55,000 --> 00:36:58,040 Speaker 2: for a week. Some people that was very shocked at 579 00:36:58,080 --> 00:37:02,600 Speaker 2: a couple of businesses that were actually very off during 580 00:37:02,640 --> 00:37:05,400 Speaker 2: that period of time. So again, people getting back, and 581 00:37:05,600 --> 00:37:08,200 Speaker 2: I'm wondering if the people that put together these numbers 582 00:37:08,440 --> 00:37:11,480 Speaker 2: were slow to get them together. But one I did 583 00:37:11,560 --> 00:37:15,000 Speaker 2: see from AYBC News, holiday shopping season sets forth the 584 00:37:15,040 --> 00:37:19,719 Speaker 2: annual gut check for the US economy, prompting buyers to 585 00:37:19,880 --> 00:37:24,480 Speaker 2: splurge in a show of optimism or cut back out 586 00:37:24,560 --> 00:37:27,719 Speaker 2: of fear of what the next year holds. In twenty 587 00:37:27,800 --> 00:37:32,120 Speaker 2: twenty five, shoppers open their wallets with gusto, though consumers 588 00:37:32,200 --> 00:37:36,160 Speaker 2: appeared to favor low cost options and discounts, according to 589 00:37:36,280 --> 00:37:40,680 Speaker 2: spending data shared with ABC News. Now, you know I've 590 00:37:40,760 --> 00:37:43,319 Speaker 2: seen you know, every year, you'll see these stories where 591 00:37:43,400 --> 00:37:45,360 Speaker 2: people are saying that, well, you know, what, what are 592 00:37:45,400 --> 00:37:47,440 Speaker 2: you going to be spending on Christmas this year? Kind 593 00:37:47,440 --> 00:37:49,839 Speaker 2: of the man on the street thing. And almost every 594 00:37:49,920 --> 00:37:52,640 Speaker 2: year I'm pretty shocked by that, because when you hear 595 00:37:52,760 --> 00:37:55,080 Speaker 2: the number, you're a little shocked at that. But then 596 00:37:55,239 --> 00:37:57,000 Speaker 2: when you sit back and you think about it, well, 597 00:37:57,080 --> 00:37:59,239 Speaker 2: let me see, we've got the grandkids, we got the kids, 598 00:37:59,320 --> 00:38:01,759 Speaker 2: we've got this, and you start adding that all up 599 00:38:01,800 --> 00:38:03,920 Speaker 2: and you go, oh, yeah, that's probably where they came 600 00:38:04,000 --> 00:38:06,520 Speaker 2: up with that money. But what you you know, when 601 00:38:06,520 --> 00:38:08,560 Speaker 2: you're thinking about it in increments of you know, you 602 00:38:08,680 --> 00:38:10,600 Speaker 2: buy this gift, and you buy this gift and buy 603 00:38:10,680 --> 00:38:13,080 Speaker 2: this gift, you know pretty much it adds up. But 604 00:38:13,480 --> 00:38:15,239 Speaker 2: when somebody says, well, I think I'm going to be 605 00:38:15,280 --> 00:38:19,279 Speaker 2: spending X and such dollars. Now, what really floors me 606 00:38:19,480 --> 00:38:21,640 Speaker 2: is when they will make a comment like, well, I've 607 00:38:21,680 --> 00:38:24,000 Speaker 2: got five people, six people to buy for, and I 608 00:38:24,080 --> 00:38:26,080 Speaker 2: think I'm going to spend five hundred dollars each on 609 00:38:26,400 --> 00:38:28,880 Speaker 2: each one of them. And it's like, whoa, it's a 610 00:38:29,200 --> 00:38:31,759 Speaker 2: little excessive there. And I see some of these things 611 00:38:31,840 --> 00:38:34,440 Speaker 2: on YouTube or whatever where people are just you know, 612 00:38:34,719 --> 00:38:38,279 Speaker 2: thirty gifts under the Christmas tree for like each kid. 613 00:38:38,719 --> 00:38:41,400 Speaker 2: So imagine at that time, I think they had like 614 00:38:41,480 --> 00:38:45,240 Speaker 2: a family of three, so that was incredible. But anyway, 615 00:38:46,040 --> 00:38:50,040 Speaker 2: holiday shopping, people, sports but again, you know, I guess 616 00:38:50,200 --> 00:38:53,000 Speaker 2: maybe because I've always been this way. In the first place, 617 00:38:53,480 --> 00:38:57,719 Speaker 2: I'm frugal, I don't I'm not an impulse buyer. I 618 00:38:58,840 --> 00:39:02,320 Speaker 2: look at things, I look at the value. I compare. 619 00:39:02,520 --> 00:39:06,360 Speaker 2: I say, okay, if this if this item is you know, 620 00:39:07,080 --> 00:39:10,120 Speaker 2: X and such a price, and this item over here 621 00:39:10,280 --> 00:39:13,280 Speaker 2: is half the price. Is this item that you're getting? 622 00:39:13,320 --> 00:39:14,719 Speaker 2: And of course, you know, you go on and you 623 00:39:14,840 --> 00:39:17,800 Speaker 2: do customer reviews, and you look at them and you think, okay, 624 00:39:18,880 --> 00:39:22,239 Speaker 2: what's the what's the benefit? Which one gets a four 625 00:39:22,320 --> 00:39:25,200 Speaker 2: star rating or whatever the rating is, and you look 626 00:39:25,239 --> 00:39:28,520 Speaker 2: at it and you say, well, okay, this item here 627 00:39:29,120 --> 00:39:33,839 Speaker 2: is that's expensive, is good, but is it twice as 628 00:39:33,920 --> 00:39:37,560 Speaker 2: good as this item here? And a lot of times 629 00:39:37,920 --> 00:39:42,000 Speaker 2: it fails in comparison with that. And so buying the 630 00:39:42,120 --> 00:39:45,760 Speaker 2: thing that is a little is less money. Then freeze 631 00:39:45,880 --> 00:39:48,640 Speaker 2: up more money so you can spend on other things. 632 00:39:49,200 --> 00:39:52,239 Speaker 2: And it's it's a game. I mean, you know, you 633 00:39:52,360 --> 00:39:54,759 Speaker 2: look at the trends and you look at what's in, 634 00:39:55,080 --> 00:39:58,279 Speaker 2: what's out, or what's the hottest thing. There was a 635 00:39:58,640 --> 00:40:01,839 Speaker 2: story last week that when I was on our sister station, 636 00:40:01,920 --> 00:40:04,560 Speaker 2: I was talking about some of the dumbest things people 637 00:40:04,640 --> 00:40:07,120 Speaker 2: spend money on. And you know, I mean, I'm not 638 00:40:07,480 --> 00:40:10,160 Speaker 2: it's dumb money. But if you can afford it, fine. 639 00:40:10,600 --> 00:40:14,080 Speaker 2: But when the latest and greatest new gadgets come out, 640 00:40:14,239 --> 00:40:17,400 Speaker 2: some people just have to have that latest iPhone, they 641 00:40:17,480 --> 00:40:20,160 Speaker 2: have to have that latest piece of electronic equipment, they 642 00:40:20,239 --> 00:40:23,279 Speaker 2: have to have that latest game box or whatever. And 643 00:40:23,600 --> 00:40:25,800 Speaker 2: when you look at it from that standpoint, it's like, 644 00:40:26,280 --> 00:40:29,359 Speaker 2: you know, is it is it really that much better? 645 00:40:30,000 --> 00:40:30,160 Speaker 6: Is it? 646 00:40:30,680 --> 00:40:33,600 Speaker 2: Does it do that much more? And we start seeing 647 00:40:33,640 --> 00:40:37,480 Speaker 2: people what I guess what I'm getting at is value shopping, 648 00:40:37,760 --> 00:40:40,080 Speaker 2: taking a step back and saying, you know, do I 649 00:40:40,160 --> 00:40:41,880 Speaker 2: want to do this. I've talked about this as far 650 00:40:41,920 --> 00:40:45,000 Speaker 2: as our grocery, you know, grocery shopping. And oh, by 651 00:40:45,080 --> 00:40:48,719 Speaker 2: the way, the Gordon household did hit that threshold. I 652 00:40:49,000 --> 00:40:51,879 Speaker 2: mentioned several times that you know, in the years past, 653 00:40:51,920 --> 00:40:55,279 Speaker 2: I've always tried to with our family that my wife 654 00:40:55,320 --> 00:40:57,400 Speaker 2: and I have a family of two, although we are 655 00:40:57,440 --> 00:41:00,560 Speaker 2: pretty much a family of three because I'm I'm a 656 00:41:00,600 --> 00:41:06,279 Speaker 2: big eater. But anyway, so trying to save about one 657 00:41:06,360 --> 00:41:09,680 Speaker 2: hundred dollars a month in terms of groceries, looking at 658 00:41:10,200 --> 00:41:12,880 Speaker 2: the flyers, the circulars that come out at the beginning 659 00:41:12,880 --> 00:41:15,160 Speaker 2: of the week, pick and choose what items is going 660 00:41:15,239 --> 00:41:19,600 Speaker 2: to buy. Not cheap stuff, but you know, very tasty stuff. 661 00:41:20,120 --> 00:41:22,600 Speaker 2: And I'm surprised that we've been able to save as 662 00:41:22,680 --> 00:41:25,359 Speaker 2: much money because we have switched over the last couple 663 00:41:25,400 --> 00:41:29,200 Speaker 2: of years to more organic stuff and stuff that doesn't 664 00:41:29,239 --> 00:41:31,440 Speaker 2: have all the preservatives in it, and that food is 665 00:41:31,560 --> 00:41:34,799 Speaker 2: generally a little bit higher. But in terms of wanting 666 00:41:34,880 --> 00:41:37,000 Speaker 2: to save one hundred dollars a month, in terms of 667 00:41:37,040 --> 00:41:41,640 Speaker 2: our groceries last month last year, we hit a period 668 00:41:41,840 --> 00:41:43,759 Speaker 2: because I added up a couple of the things from 669 00:41:44,040 --> 00:41:47,319 Speaker 2: the different retailers that we shop at. We saved over 670 00:41:47,800 --> 00:41:53,319 Speaker 2: twenty four hundred dollars in groceries last week simply by 671 00:41:53,440 --> 00:41:56,600 Speaker 2: using the coupons, simply by buying the buy one, get 672 00:41:56,640 --> 00:41:59,680 Speaker 2: one freeze, buying things like I keep talking about the 673 00:41:59,719 --> 00:42:03,520 Speaker 2: call I drink sales normally sells on the shelf, you 674 00:42:03,680 --> 00:42:06,160 Speaker 2: just walk in and pick it up about fifteen bucks 675 00:42:07,000 --> 00:42:09,600 Speaker 2: a canister, and yet if you get it when it's 676 00:42:09,640 --> 00:42:12,680 Speaker 2: on sale, it's about ten bucks. And I've actually got 677 00:42:12,760 --> 00:42:17,240 Speaker 2: it for about nine bucks at times. So again, hitting 678 00:42:17,320 --> 00:42:20,239 Speaker 2: those things when they're on sale is you can save 679 00:42:20,320 --> 00:42:22,680 Speaker 2: a lot of money. And we've talked about I mentioned 680 00:42:22,719 --> 00:42:24,880 Speaker 2: this on this program, where people will go in and 681 00:42:24,960 --> 00:42:27,600 Speaker 2: it's almost like how fast can you get in and 682 00:42:27,719 --> 00:42:30,080 Speaker 2: get out of the grocery store? And coming down the aisle, 683 00:42:30,160 --> 00:42:32,799 Speaker 2: it's like grab here, grab there, grab here, grab there. 684 00:42:33,239 --> 00:42:37,399 Speaker 2: And you know, if you're that type. And again I've 685 00:42:37,480 --> 00:42:40,359 Speaker 2: mentioned several times that if you're looking if you're going 686 00:42:40,440 --> 00:42:43,080 Speaker 2: down the grocery, just for fun, just look at the 687 00:42:43,160 --> 00:42:46,520 Speaker 2: different grocery. If you're looking at something eye level, look 688 00:42:46,640 --> 00:42:49,160 Speaker 2: at the tag and it'll tell you how many cents 689 00:42:49,200 --> 00:42:52,719 Speaker 2: per ounce or whatever the container is. Look at the 690 00:42:52,800 --> 00:42:56,360 Speaker 2: shelf below that or above that, and see the difference 691 00:42:56,400 --> 00:43:00,360 Speaker 2: in price. And it's amazing the difference in price per ounce. 692 00:43:00,520 --> 00:43:03,400 Speaker 2: So you're the figure that you're going to be looking 693 00:43:03,440 --> 00:43:06,040 Speaker 2: at stuff eye level, and so that's what you're going 694 00:43:06,120 --> 00:43:08,440 Speaker 2: to grab first. But if you go down to the 695 00:43:08,520 --> 00:43:11,080 Speaker 2: next level, or even a couple of shells down, you'll 696 00:43:11,120 --> 00:43:15,240 Speaker 2: find a lot the same item, same a better price. Anyway, 697 00:43:15,520 --> 00:43:18,920 Speaker 2: they talk here about value shopping. What people were doing holiday. 698 00:43:19,000 --> 00:43:21,680 Speaker 2: Let me see, let's get back in here again. Performance 699 00:43:21,760 --> 00:43:25,799 Speaker 2: defied concerns overhanging the economy for months as hiring slow 700 00:43:25,920 --> 00:43:30,480 Speaker 2: and inflation ticked higher, seeming the underterred undeterred shoppers flex 701 00:43:30,560 --> 00:43:33,520 Speaker 2: their's strength at the close of the year, offering some 702 00:43:33,840 --> 00:43:37,480 Speaker 2: reassurance that the wider economy. Consumer spending accounts for about 703 00:43:37,480 --> 00:43:40,920 Speaker 2: two thirds of the American economy. Holiday sales climbed three 704 00:43:41,000 --> 00:43:44,480 Speaker 2: point nine percent compared to last year, according to MasterCard. 705 00:43:46,000 --> 00:43:50,080 Speaker 2: Let's see digital spending on Thanksgiving jumped five percent from 706 00:43:50,160 --> 00:43:53,880 Speaker 2: the year earlier, totaling six point four billion and exceeding 707 00:43:54,200 --> 00:44:00,640 Speaker 2: exceeding expectations. There's that phrase again, exceeding expectations. According to 708 00:44:00,760 --> 00:44:04,360 Speaker 2: Adobe Analytics, on Black Friday, shoppers top the previous day's 709 00:44:04,440 --> 00:44:08,040 Speaker 2: pace and spending sword about nine percent compared to twenty 710 00:44:08,120 --> 00:44:11,920 Speaker 2: twenty four, adding up to eleven point eight billion dollars. 711 00:44:12,239 --> 00:44:14,600 Speaker 2: And then so on. For instance, they and then they 712 00:44:14,680 --> 00:44:18,319 Speaker 2: talk about in the resurgence of thrift shops or off 713 00:44:18,440 --> 00:44:21,640 Speaker 2: price retailers, how well they did and some of the 714 00:44:21,719 --> 00:44:28,920 Speaker 2: other other retailers, et cetera. So interesting retail sales. I'm 715 00:44:28,960 --> 00:44:33,000 Speaker 2: sure more will matriculate in through or trickle in through 716 00:44:33,040 --> 00:44:35,359 Speaker 2: the next couple of days. But well, folks, that does 717 00:44:35,400 --> 00:44:37,680 Speaker 2: it for us. Stay tuned for red Eye Radio. We're 718 00:44:37,760 --> 00:44:40,200 Speaker 2: up against the hour here. Stay tuned for red Eye Radio. 719 00:44:40,239 --> 00:44:45,480 Speaker 2: I'm Kevin Gordon, America's truck in Network. Seven hundred WLW. 720 00:44:46,080 --> 00:44:54,560 Speaker 5: News Traffic and Weather. News Radio seven hundred WLW Cincinnati Morning. 721 00:44:54,600 --> 00:44:55,680 Speaker 2: More on the attack again