WEBVTT - America's Truckin Network -- 1/6/26 

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

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<v Speaker 2>Love the able. Thanks for tuning in on this Tuesday morning.

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<v Speaker 2>We are now past officially past the Christmas season. The

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<v Speaker 2>Christmas season just ended, what about five six minutes ago,

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<v Speaker 2>after the end of the Twelfth Night. Again, Christmas season

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<v Speaker 2>and the actual Christmas period begins Christmas Day and then

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<v Speaker 2>goes for the twelve days after Christmas, not the twelve

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<v Speaker 2>days before Christmas. Today is the feast of the Epiphany,

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<v Speaker 2>and according to the Bible and according to the legend,

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<v Speaker 2>it's today that the Three Wise Men came and recognized

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<v Speaker 2>and visited Jesus in the Manger and the Holy Family.

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<v Speaker 2>So again, this is the end of the Christmas season

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<v Speaker 2>and the Christian religion. It's a very important day. Now

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<v Speaker 2>over the weekend, a little bit of excitement down there

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<v Speaker 2>in Venezuela. I guess Nicholas Maduro entered the FO stage

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<v Speaker 2>as an f A FO talking about the Narco terrorism

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<v Speaker 2>down there, and I tell you, I saw the dumbest

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<v Speaker 2>interview from what is it, CBS Face the Nation. Margaret

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<v Speaker 2>Brennan has this ability to be about as dumb as

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<v Speaker 2>a box of rocks. She's talking to Marco Rubio, which

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<v Speaker 2>I'm surprised Marco Rubio goes on the show, but you know,

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<v Speaker 2>when you know you're going to tear up the host

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<v Speaker 2>and that the host can't you know, blow over you,

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<v Speaker 2>or you know, confound you or confuse you, or ask

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<v Speaker 2>you a question you're not ready for. I guess it's

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<v Speaker 2>okay to go on these shows just to embarrass them.

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<v Speaker 2>But she's talking to him about this effort, this military

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<v Speaker 2>effort that was done and says, I'm confused. There are

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<v Speaker 2>two other or three other indicted people down there that

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<v Speaker 2>are still in power. Why did you just go after

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<v Speaker 2>this one person? And I will say that. At first,

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<v Speaker 2>Marco Rubio's face was like, I can't believe that I'm

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<v Speaker 2>actually that she's actually asking this question. And he responds

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<v Speaker 2>with you're confused. Now, during the Biden administration, they had

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<v Speaker 2>put a fifty million dollar bounty on the capture of

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<v Speaker 2>Nicholas Maduro, an indicted a drug lord, marco terrorist, head

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<v Speaker 2>of a state down there in the country of Venezuela.

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<v Speaker 2>So during the Biden administration even they recognized his threat

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<v Speaker 2>to the Americans. Now, apparently there are some others. She

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<v Speaker 2>put up a charter a picture of somebody who had

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<v Speaker 2>a fifteen million dollar bounty on them. So you know,

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<v Speaker 2>you know, you don't have to be a mathematician to

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<v Speaker 2>understand that the guy that has has the fifty million

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<v Speaker 2>bounty on him versus the fifteen million bounty. I would

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<v Speaker 2>say the guy with the fifty million is probably a

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<v Speaker 2>little bit higher priority. Oh and by the way, the

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<v Speaker 2>fact that he was the leader of the country, the

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<v Speaker 2>de facto leader. He was the president of the country,

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<v Speaker 2>even though sixty European countries and EU and all these

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<v Speaker 2>didn't recognize we don't recognize him as the president. Because

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<v Speaker 2>there was an election that was supposed to take place

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<v Speaker 2>once I was at twenty twenty three and thereabouts, and

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<v Speaker 2>this lady her name escapes me, Miccado, Carlos, whatever her name,

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<v Speaker 2>She was the one that won the Nobel Peace Prize

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<v Speaker 2>for her efforts. Now, she was one of the leading

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<v Speaker 2>candidates down there when they were going to do the elections. Well,

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<v Speaker 2>Nicholas Maduro said that his government said she was not

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<v Speaker 2>allowed to run again. Then she appointed one other person

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<v Speaker 2>to go in her stead, and then that person was

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<v Speaker 2>pushed aside, and then eventually the candidate that she supported

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<v Speaker 2>actually apparently got the majority of the votes, but then

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<v Speaker 2>Nicholas Maduro and his thugs said, no way, it's you know,

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<v Speaker 2>it wasn't a fair election, and Nicholas Maduro was crowned

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<v Speaker 2>or was designated as the winner of the election. So

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<v Speaker 2>he's not been recognized by the world down there, and

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<v Speaker 2>he's got this fifty million dollar bounty on his head.

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<v Speaker 2>And so they go in there and she's going, well,

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<v Speaker 2>why didn't you pick up the others? And Marco looks

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<v Speaker 2>at her and says, you're confused. We're gonna go in Okay,

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<v Speaker 2>And he described this military operation. He said, we landed

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<v Speaker 2>helicopters in the middle of the largest military base in Venezuela,

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<v Speaker 2>because Nicholas Maduro lived on this army base. Within a

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<v Speaker 2>three minute period of time, went to where he was sleeping,

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<v Speaker 2>kicked in the door, arrested him, read him his rights,

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<v Speaker 2>got him on a helicopter, and with a three minute

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<v Speaker 2>period of time, they were gone. And he says, you

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<v Speaker 2>expected us to do this five other times in the city,

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<v Speaker 2>in the country, with the operations, I mean just in

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<v Speaker 2>the attacking the infrastructure and the radar screens and stuff,

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<v Speaker 2>so that they couldn't in the communications infrastructure. There was

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<v Speaker 2>something like one hundred and fifty aircraft that were involved

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<v Speaker 2>in this, not to mention the helicopters that actually went

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<v Speaker 2>into the compound. And he said, so you expect us

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<v Speaker 2>to be on the ground for like four days, rounding

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<v Speaker 2>up all these other people. Look at the howls that

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<v Speaker 2>there have been up to this point with what we did.

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<v Speaker 2>Can you imagine if we were there for four And

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<v Speaker 2>then she goes, but I'm confusing. She even repeated it.

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<v Speaker 2>She goes, why didn't you grab these other people? And

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<v Speaker 2>it's like, you know, how ignorant can you be? I

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<v Speaker 2>mean it's like you go in with she goes in

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<v Speaker 2>with this narrative and nothing is going to break her

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<v Speaker 2>from I mean, you present them with the facts, give

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<v Speaker 2>them with the information, and they still don't understand. I mean,

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<v Speaker 2>they got this preconceived idea. But the fact of over

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<v Speaker 2>one hundred and fifty different aircraft being around, flying through

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<v Speaker 2>the airspace there glanding in the middle of a military compound,

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<v Speaker 2>nabbing this guy. Not one US soldier was injured. I

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<v Speaker 2>think there was a little bit of damage to one

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<v Speaker 2>of the helicopters, but it was a highly successful operation.

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<v Speaker 2>Nicholas Maduro is in New York and is going to

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<v Speaker 2>be indicted and go on trial. So it is just

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<v Speaker 2>absolutely amazing that it was that they didn't understand. Now,

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<v Speaker 2>what was funny is that all day Sunday all you

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<v Speaker 2>heard was people like Mandani in New York, Zoran Mundani,

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<v Speaker 2>the new mayor, the socialist, the communist mayor of New

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<v Speaker 2>York condemning the operation. You had China condemning the operation,

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<v Speaker 2>Iran condemning the operation, North Korea condemning the operation, and

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<v Speaker 2>a wholesalel of democrats. So great company you're in there

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<v Speaker 2>when you're siding with Iran, China, North Korea, all enemies

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<v Speaker 2>of the of the United States. Well, all these protests

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<v Speaker 2>were breaking out, and of course the usual mob of

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<v Speaker 2>you know, you know the you know, the Palestinian supporters

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<v Speaker 2>that had been protesting and you know, from the river

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<v Speaker 2>to the sea. Apparently, since that has resolved and there

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<v Speaker 2>has ceasefire over there, they've got nothing to complain about.

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<v Speaker 2>I guess the Russia Russia Russia hoax isn't available right now,

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<v Speaker 2>So this is the latest thing that they were all

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<v Speaker 2>upset about. But Monday morning, I was shocked to see

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<v Speaker 2>how many people weren't protesting, weren't criticizing. Different Senate leaders,

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<v Speaker 2>different Democratic leaders around the country kind of started tamping down, said, well,

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<v Speaker 2>we want to take away and see approach. I guess

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<v Speaker 2>they saw all these celebrations in the streets of Caracas, Venezuela,

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<v Speaker 2>all the people saying chanting, USA, USA, USA, cheering, just

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<v Speaker 2>millions of people in the street applauding the fact that

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<v Speaker 2>we went in and took out this brutal dictator who

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<v Speaker 2>had ruined their economy. Go back to ten fifteen years ago,

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<v Speaker 2>Venezuela was one of the richest countries in the South

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<v Speaker 2>America South America area. People were living well. All of

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<v Speaker 2>a sudden, Hugo Chavez seizes control, a communist starts doing

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<v Speaker 2>the collectivization that Mandani is now doing in New York,

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<v Speaker 2>and the economy went to hell in a handbasket. The

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<v Speaker 2>grocery stores were empty, just like every other communist country.

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<v Speaker 2>The economy failed. The biggest resource that they had there,

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<v Speaker 2>their oil, went from was this something like three hundred

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<v Speaker 2>million barrels a day down to pretty much zero. And

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<v Speaker 2>so the people of there were suffering. And the fact

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<v Speaker 2>that now mc nicholas Maduro is out. They are cheering

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<v Speaker 2>like crazy Liberation Day, Independence Day for the people of Venezuela.

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<v Speaker 2>And I guess the people here saying, well, gee whiz.

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<v Speaker 2>If they're so that and we're protesting it, could we

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<v Speaker 2>possibly be on the wrong side of this anyway. I'm

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<v Speaker 2>Kevin Gordon, americastruck in Network seven hundred WLW.

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<v Speaker 1>I need This is the racing reward on America's Drugging

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<v Speaker 1>Network on seven hundred WLW.

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<v Speaker 3>NHR seventy fifth anniversary season is set for twenty twenty six,

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<v Speaker 1>This is the racing report on America's Drugging Network on

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<v Speaker 1>seven hundred WLW, Say Dennison a t N.

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<v Speaker 2>This is Jim Hello.

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<v Speaker 4>Jim started advertising with iHeartRadio way back in April.

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<v Speaker 2>I'm Kevin Gordon, America's Trucking Network seven hundred WLW to

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<v Speaker 2>take a look at transpired in Venezuela late Saturday night,

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<v Speaker 2>earlyday morning capture of Nicholas Maduro and his wife being

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<v Speaker 2>brought to New York to stand charges for drug trafficking

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<v Speaker 2>and so on. I'm not sure of all the charges

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<v Speaker 2>against them, but it will be very interesting to see

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<v Speaker 2>how it comes out. Code named Operation Absolute resolved A

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<v Speaker 2>Chapter A chapter. In a wider campaign against alleged drug trafficking,

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<v Speaker 2>US military unleased a wave of air strikes in Venezuela,

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<v Speaker 2>neutralized their air defenses, and sent an eleas elite special forces. Result,

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<v Speaker 2>Nicholas Maduau and his wife Cela Flores were swiftly captured

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<v Speaker 2>in Caracas and whisked away onto the us uss EWOJIMA,

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<v Speaker 2>then onto New York for narco terrorism charge. All prices

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<v Speaker 2>took at a wild ride, tanking at first, only to

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<v Speaker 2>roar back as Wall Street children cheered a strong dollar,

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<v Speaker 2>rising stock market and a booming demand. Expert projections the

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<v Speaker 2>zero American casual was a plus. Vice President Delsey Rodriguez

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<v Speaker 2>was reportedly installed as the interim leader under Washington's watchful

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<v Speaker 2>I they are going to do apparently well, try to

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<v Speaker 2>move towards elections as soon as possible. Trump administration wasted

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<v Speaker 2>no time promising to rebuild Venezuela's energy infrastructure, inviting US

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<v Speaker 2>companies to take the reins. Now we had built their

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<v Speaker 2>energy structure down there, We had apparently leases with them,

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<v Speaker 2>Chevron and a lot of the major oil companies, and

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<v Speaker 2>when Hugo Chavez came in and along with Nicholas Maduro,

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<v Speaker 2>they nationalized all of the oil fields and the leases

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<v Speaker 2>there and basically seize those leases and kicked the American

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<v Speaker 2>companies out and said we got it from here, which

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<v Speaker 2>apparently they didn't. So again, the infrastructure in place down

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<v Speaker 2>there after twenty years about of miss management and so on,

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<v Speaker 2>is going to require a little bit of rebuilding. But

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<v Speaker 2>Chevron had gone back down there and with the permission

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<v Speaker 2>of the US to start doing some of the drilling

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<v Speaker 2>down there or some of the well production down there,

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<v Speaker 2>because as you recall, back during the Biden administration, when

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<v Speaker 2>he came into office, he started stopped selling the or

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<v Speaker 2>stopped allowing the oil leases around the country, which is

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<v Speaker 2>by law they were supposed to do. Seized oil production

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<v Speaker 2>in the Gulf of Mexico, in Canada and a lot

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<v Speaker 2>of the different oil fields around the country. And then

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<v Speaker 2>all of a sudden, we started importing more oil from

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<v Speaker 2>overseas than we were producing here. And from twenty twenty,

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<v Speaker 2>when we were energy independent for the first time since

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<v Speaker 2>nineteen forty nine, all of a sudden, we became very

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<v Speaker 2>energy dependent. Now coming into office, Biden criticized Saudi Arabia,

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<v Speaker 2>saying that they were a pariah nation having to do

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<v Speaker 2>with that Asam fascination or killing of Kosoji that Washington

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<v Speaker 2>supposed Washington Post reporter. But they were saying that we

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<v Speaker 2>weren't going to deal with Saudi Arabia. Then also they

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<v Speaker 2>put the clamps on Venezuela for being a communist country

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<v Speaker 2>and they weren't going to buy oil from them. Well,

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<v Speaker 2>all of a sudden, when you stop producing oil or

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<v Speaker 2>cut back production in the United States, guess what you

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<v Speaker 2>need production of oil. So then all of a sudden

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<v Speaker 2>he goes over on bended knee to Saudi Arabia to

0:15:31.600 --> 0:15:35.080
<v Speaker 2>bake for oil. They basically told him to pound sand.

0:15:35.560 --> 0:15:40.280
<v Speaker 2>And so then he started going to Venezuela, lifted the

0:15:40.320 --> 0:15:43.600
<v Speaker 2>sanctions there and started importing oil from there, and allowed

0:15:45.120 --> 0:15:48.320
<v Speaker 2>Chevron to go down there and run some of the operations.

0:15:48.680 --> 0:15:53.120
<v Speaker 2>So again, back during the Biden administration, fifty million dollars

0:15:53.200 --> 0:15:56.480
<v Speaker 2>bounding on Hugo or on Nicholas Maduro done by the

0:15:56.480 --> 0:16:00.280
<v Speaker 2>Biden administration started dealing with Venezuela went already they had

0:16:00.320 --> 0:16:03.960
<v Speaker 2>add sanctions on them. So the idea that they're wavering,

0:16:04.120 --> 0:16:07.440
<v Speaker 2>and you know, as they talk about the the Trump

0:16:07.480 --> 0:16:10.880
<v Speaker 2>administration with the late raising of terrorists, lowering of terraces

0:16:10.880 --> 0:16:14.960
<v Speaker 2>and so on, the bumpy ride or the inconsistent foreign policy.

0:16:15.120 --> 0:16:17.720
<v Speaker 2>We'll just take a look at the inconsistent foreign policy

0:16:17.920 --> 0:16:20.000
<v Speaker 2>with the Biden administration. We're not going to deal with

0:16:20.000 --> 0:16:22.560
<v Speaker 2>Saudi Arabia. They're a prior. Oh by the way, we

0:16:22.640 --> 0:16:24.960
<v Speaker 2>need to grow. Hey, can we have some oil and

0:16:25.040 --> 0:16:28.760
<v Speaker 2>we're going to put sanctions on Nicholas Maduro and Venezuela

0:16:28.840 --> 0:16:30.920
<v Speaker 2>and oh, by the way, we need that crude oil

0:16:31.040 --> 0:16:33.040
<v Speaker 2>in the United States, so hey, can we have some

0:16:33.160 --> 0:16:35.160
<v Speaker 2>of it? So, you know, don't talk to me about

0:16:35.360 --> 0:16:41.640
<v Speaker 2>how consistent they are. Energy infrastructure Chevron short lived return.

0:16:42.400 --> 0:16:45.960
<v Speaker 2>Back in the Biden administration, company ramped up this output

0:16:46.040 --> 0:16:48.840
<v Speaker 2>three hundred million barrel three hundred thousand barrels a day,

0:16:49.080 --> 0:16:53.520
<v Speaker 2>pushing Venezuela production back over a million, which they had been.

0:16:53.520 --> 0:16:57.400
<v Speaker 2>I believe it's somewhere around three million per year per day.

0:16:57.480 --> 0:17:01.760
<v Speaker 2>Rather so again, the United Nation Security Council, we hold

0:17:01.800 --> 0:17:04.320
<v Speaker 2>an emergency meeting. While they held an emergency meeting on Monday,

0:17:04.640 --> 0:17:07.120
<v Speaker 2>I didn't even bother to hear what they had to say,

0:17:07.119 --> 0:17:13.760
<v Speaker 2>because you know, they didn't stop Russia from invading Ukraine,

0:17:13.840 --> 0:17:16.520
<v Speaker 2>even though there was a year and a half upswing

0:17:16.680 --> 0:17:20.200
<v Speaker 2>or troop movement there indicating that they were going to invade.

0:17:20.400 --> 0:17:23.639
<v Speaker 2>They didn't do anything to try to stop that, and

0:17:23.680 --> 0:17:27.199
<v Speaker 2>they had advanced notice of that. They've done nothing in

0:17:27.320 --> 0:17:29.359
<v Speaker 2>order to end that war there. So now all of

0:17:29.400 --> 0:17:31.720
<v Speaker 2>a sudden they're gonna, you know, because you know, they're

0:17:31.760 --> 0:17:34.399
<v Speaker 2>just gonna condemn us. I would say, shut up, but

0:17:34.520 --> 0:17:36.720
<v Speaker 2>I'm not even gonna bother hearing what they had to say.

0:17:37.240 --> 0:17:43.879
<v Speaker 2>So again, upheaval in Venezuela pretty much for the good.

0:17:44.320 --> 0:17:47.640
<v Speaker 2>It'll be interesting to see how that happens, how the

0:17:47.680 --> 0:17:50.479
<v Speaker 2>free and fair elections come about, and whether or not

0:17:50.560 --> 0:17:53.639
<v Speaker 2>that country can get back to some sort of normalcy

0:17:54.119 --> 0:17:58.000
<v Speaker 2>as a result of being under the cruel thumb of

0:17:58.280 --> 0:18:03.800
<v Speaker 2>Nicholas Maduro and previously Hugo Chavez. So again, it'll be

0:18:03.800 --> 0:18:07.879
<v Speaker 2>interesting to see what happens down there. Some interesting comments

0:18:08.000 --> 0:18:14.199
<v Speaker 2>again before the new year, you know, we're starting to

0:18:14.240 --> 0:18:18.520
<v Speaker 2>see this will come well, it'll come as a surprise

0:18:18.720 --> 0:18:21.960
<v Speaker 2>to you. I don't know will it come as anyway.

0:18:22.480 --> 0:18:25.719
<v Speaker 2>I've been talking about our economy. I've been talking about

0:18:26.040 --> 0:18:31.640
<v Speaker 2>the effects of tariff since Liberation Day on April to second.

0:18:32.119 --> 0:18:35.440
<v Speaker 2>I because of going back to my days in school

0:18:35.760 --> 0:18:39.160
<v Speaker 2>and seeing economics and learning about tariffs and so on,

0:18:39.960 --> 0:18:42.679
<v Speaker 2>realized or said that the time, and some of the

0:18:42.720 --> 0:18:46.320
<v Speaker 2>other people that I read and respect said tariffs don't

0:18:46.400 --> 0:18:50.200
<v Speaker 2>lead to inflation. There are some temporary items that go up,

0:18:50.240 --> 0:18:53.879
<v Speaker 2>but then other items go down, so overall inflation pretty

0:18:53.920 --> 0:18:56.840
<v Speaker 2>much stays the same. And the way this was explained

0:18:56.840 --> 0:18:59.240
<v Speaker 2>as far as Trump talking about the charts that he

0:18:59.320 --> 0:19:02.919
<v Speaker 2>had showing that the amount of terifts they charge on

0:19:03.040 --> 0:19:06.879
<v Speaker 2>our products going into these countries versus the terriffts we

0:19:06.960 --> 0:19:09.800
<v Speaker 2>charge on their products, and said, We're just going to

0:19:09.880 --> 0:19:13.240
<v Speaker 2>do reciprocal tariffs. The tariffs that they charge us, We're

0:19:13.280 --> 0:19:15.560
<v Speaker 2>going to charge them, and then if they want to

0:19:16.240 --> 0:19:20.200
<v Speaker 2>have those are teriffs reduced on their goods, they can

0:19:20.240 --> 0:19:22.840
<v Speaker 2>reduce the tariffs on our goods going in there again

0:19:22.880 --> 0:19:27.240
<v Speaker 2>a negotiating tool. So all the people with their you know,

0:19:27.359 --> 0:19:30.040
<v Speaker 2>hair on fire talking about the economy is going to

0:19:30.080 --> 0:19:32.159
<v Speaker 2>go a tank. It's going to be in a recession,

0:19:32.600 --> 0:19:36.399
<v Speaker 2>rampant unemployment, rampant inflation, and so on. I guess they

0:19:36.400 --> 0:19:40.080
<v Speaker 2>were kind of what was a channeling the Biden administration,

0:19:40.440 --> 0:19:43.440
<v Speaker 2>which is that's exactly what happened during the Biden administration.

0:19:44.000 --> 0:19:48.000
<v Speaker 2>So all these naysayers started talking about it. Phil Flynn,

0:19:48.080 --> 0:19:53.159
<v Speaker 2>who we talked to on this show regularly, was in

0:19:53.200 --> 0:19:56.399
<v Speaker 2>the camp that tariffs don't add to inflation, it's the

0:19:56.480 --> 0:20:00.359
<v Speaker 2>out of control government spending. Kevin o'lary from Shark Tank,

0:20:03.880 --> 0:20:07.000
<v Speaker 2>Larry Kudlow from Fox Business, and Charles Paine, a lot

0:20:07.040 --> 0:20:09.240
<v Speaker 2>of these people on Fox Business News and some of

0:20:09.280 --> 0:20:15.280
<v Speaker 2>these other economists around the country actually supported the terroriffs.

0:20:15.640 --> 0:20:20.000
<v Speaker 2>Mainstream media spoon fed regurgitators, Democrats all condemned it and

0:20:20.040 --> 0:20:23.120
<v Speaker 2>so on. But it's interesting to see what has happened

0:20:23.160 --> 0:20:25.720
<v Speaker 2>as a result of that in how people have looked

0:20:25.720 --> 0:20:30.440
<v Speaker 2>at that. We had the GDP numbers that were above,

0:20:30.720 --> 0:20:34.919
<v Speaker 2>way above expectations, and all of these things that have

0:20:35.040 --> 0:20:39.639
<v Speaker 2>surprised all these people all along. There was an interview, well,

0:20:39.680 --> 0:20:44.120
<v Speaker 2>the Bank of America CEO had an unexpected view on

0:20:44.200 --> 0:20:48.639
<v Speaker 2>the economy, and this was an interview with who the

0:20:48.640 --> 0:20:53.320
<v Speaker 2>heck was he talking to? Oh yeah, oh I should

0:20:53.320 --> 0:20:56.879
<v Speaker 2>be surprised. In an interview with CBS News Faced the

0:20:57.000 --> 0:21:03.919
<v Speaker 2>Nation with Margaret Brannan. Bryant moynihan, the chairman CEO actually

0:21:03.960 --> 0:21:07.719
<v Speaker 2>CEO a Bank of America, had some very interesting things

0:21:07.920 --> 0:21:11.880
<v Speaker 2>and we'll get into that coming up again. And I'm

0:21:11.920 --> 0:21:14.359
<v Speaker 2>sure I didn't see the interview itself. I'm reading some

0:21:14.400 --> 0:21:17.159
<v Speaker 2>of the transcripts of that. I'm sure that she was

0:21:17.600 --> 0:21:21.200
<v Speaker 2>confused about that as well. I'm Kevin Gordon, america'struck in

0:21:21.280 --> 0:21:24.840
<v Speaker 2>Network seven hundred WLW.

0:21:24.760 --> 0:21:31.760
<v Speaker 5>News Traffic and Weather News Radio seven hundred wl W, Cincinnati.

0:21:32.240 --> 0:21:36.280
<v Speaker 4>The Secretary of Defense responds to the Venezuelan attacks with

0:21:36.400 --> 0:21:39.480
<v Speaker 4>your twelve thirty re parts. I'm Lee Mawin breaking now

0:21:40.080 --> 0:21:42.880
<v Speaker 4>new information out about the Saturday morning attack that also

0:21:42.920 --> 0:21:45.280
<v Speaker 4>resulted in the capturing of Nicholas Maduro.

0:21:45.600 --> 0:21:49.840
<v Speaker 6>Secretary Pete Hegseth saying Maduro and his wife unaware of

0:21:49.880 --> 0:21:52.919
<v Speaker 6>what was happening until minutes before.

0:21:52.920 --> 0:21:55.760
<v Speaker 4>Nicholas Maduro got to meet Great America's very thank you

0:21:55.760 --> 0:21:56.920
<v Speaker 4>you got three nights ago.

0:21:58.960 --> 0:22:01.320
<v Speaker 2>He didn't know they were coming three minutes for the

0:22:01.359 --> 0:22:06.200
<v Speaker 2>erav fact twice, I think I hear their craft Health.

0:22:06.080 --> 0:22:10.159
<v Speaker 6>Hun those Special Operations Forces coming under heavy gunfire by

0:22:10.280 --> 0:22:14.240
<v Speaker 6>maduro security grabbing Maduro and his wife as they headed

0:22:14.320 --> 0:22:15.240
<v Speaker 6>for a safe room.

0:22:15.640 --> 0:22:19.600
<v Speaker 4>ABC News Chief Global Affairs correspondent Bartha Raddits.

0:22:20.400 --> 0:22:23.520
<v Speaker 5>Now the latest forecast from the Train Heating and Cooling

0:22:23.600 --> 0:22:27.479
<v Speaker 5>Weather Center on news radio seven hundred WLWS.

0:22:27.560 --> 0:22:31.240
<v Speaker 7>Remit to Tuesday morning. We're mostly cloudy morning, low of

0:22:31.320 --> 0:22:34.560
<v Speaker 7>forty one degrees. Now for our Tuesday, we'll see the

0:22:34.600 --> 0:22:37.760
<v Speaker 7>clouds hanging around. Little breezy in a chance of sprinkles,

0:22:37.920 --> 0:22:41.040
<v Speaker 7>but a high of fifty six at night, still cloudy,

0:22:41.040 --> 0:22:44.320
<v Speaker 7>a low down to forty and some more significant rain

0:22:44.400 --> 0:22:47.520
<v Speaker 7>coming up on Thursday night. From your severe Weather station,

0:22:47.920 --> 0:22:52.440
<v Speaker 7>I'm nine first Warning Chief Meteorologist Steve Rawley, News Radio

0:22:52.600 --> 0:22:54.280
<v Speaker 7>seven hundred WLW.

0:22:54.600 --> 0:22:57.120
<v Speaker 4>Still nothing on the radar around the tri State. We're

0:22:57.119 --> 0:23:00.760
<v Speaker 4>at forty one degrees. Later, Today's shareholder A Fifth Third

0:23:00.800 --> 0:23:03.480
<v Speaker 4>Bang Corp. And Kamerica will vote on approving a ten

0:23:03.600 --> 0:23:07.959
<v Speaker 4>point nine billion dollar acquisition deal. It's considered the largest

0:23:08.000 --> 0:23:11.120
<v Speaker 4>for the Cincinnati company. The deal was initially agreed upon

0:23:11.240 --> 0:23:13.639
<v Speaker 4>October fifth, and it's seen as a virtual lock for

0:23:13.760 --> 0:23:16.360
<v Speaker 4>each side. The deal would make Fifth Third the ninth

0:23:16.520 --> 0:23:20.400
<v Speaker 4>largest US based bank. Regulators still need to approve this deal.

0:23:20.560 --> 0:23:23.360
<v Speaker 4>The Office of the Comptroller of the Currency already said yes,

0:23:23.760 --> 0:23:25.520
<v Speaker 4>we're writing on the Federal reserve boards.

0:23:25.600 --> 0:23:26.040
<v Speaker 2>Go ahead.

0:23:26.320 --> 0:23:29.359
<v Speaker 4>Fifth third CEO Tim Spence told analysts and investors this

0:23:29.520 --> 0:23:31.800
<v Speaker 4>deal should be finalized in the first quarter of twenty

0:23:31.840 --> 0:23:35.520
<v Speaker 4>twenty six, that ends March thirty. First your next updates

0:23:35.600 --> 0:23:38.960
<v Speaker 4>up one. I'mley Mawen. Who's Radio seven hundred WLW.

0:23:39.440 --> 0:23:42.080
<v Speaker 5>The free iHeartRadio app is the number one app for radio.

0:23:42.280 --> 0:23:44.600
<v Speaker 1>One tap gets you the most live radio stations from

0:23:44.640 --> 0:23:46.760
<v Speaker 1>all over the country, or make your local go to

0:23:46.880 --> 0:23:47.920
<v Speaker 1>a pre set on the app.

0:23:51.760 --> 0:23:54.080
<v Speaker 8>Here's your trucking forecast for the tri State and the

0:23:54.119 --> 0:23:56.800
<v Speaker 8>rest of the country. In the Try State, Overnight mostly claudy,

0:23:56.840 --> 0:23:58.920
<v Speaker 8>the low only down to forty cloudy Tuesday, with a

0:23:58.960 --> 0:24:02.120
<v Speaker 8>slight chance of morning ra highs in the upper fifties. Wednesday,

0:24:02.200 --> 0:24:05.040
<v Speaker 8>mostly cloudy, sky's early gradually clear, becoming sunny, a high

0:24:05.040 --> 0:24:07.560
<v Speaker 8>a fifty four. Mostly cloudy Thursday with a chance of

0:24:07.600 --> 0:24:10.960
<v Speaker 8>afternoon rain be high year sixty. Nationally out west, heavy

0:24:11.000 --> 0:24:13.600
<v Speaker 8>snow being seen over parts of the Cascades, Northern inter

0:24:13.720 --> 0:24:16.760
<v Speaker 8>Mountain Region, and the Northern Rockies, as monerate to heavy

0:24:16.800 --> 0:24:20.040
<v Speaker 8>snow is seen over the northeast Meanwhile, freezing rain possible

0:24:20.040 --> 0:24:22.760
<v Speaker 8>from the upper Mississippi Valley into the northeast.

0:24:24.440 --> 0:24:28.200
<v Speaker 2>Seven hundred W lw IM Kevin Gordon. This is America's

0:24:28.200 --> 0:24:31.240
<v Speaker 2>struck a network, America's trucking network supports a mission and

0:24:31.320 --> 0:24:34.399
<v Speaker 2>Reese across America. You can hear us every truck and

0:24:34.520 --> 0:24:38.280
<v Speaker 2>Tuesday at five am and ten am Eastern on Reese

0:24:38.320 --> 0:24:42.680
<v Speaker 2>Across America Radio. Available on the iHeartRadio app. Search the

0:24:42.800 --> 0:24:48.960
<v Speaker 2>word Rese. Now that's wr eaths for Reese Across America Radio.

0:24:49.320 --> 0:24:51.800
<v Speaker 2>And thank you to all our truckers for supporting the

0:24:51.920 --> 0:24:54.960
<v Speaker 2>mission of Reese Across America. If you miss any part

0:24:55.040 --> 0:24:56.880
<v Speaker 2>of our shows, make sure you hit up that iHeart

0:24:57.000 --> 0:24:59.920
<v Speaker 2>Radio app. Brought to you by our friends at Rush Trucks.

0:25:00.480 --> 0:25:04.440
<v Speaker 2>Talking about this story, Bank of America CEO drops unexpected

0:25:04.600 --> 0:25:07.720
<v Speaker 2>view on the economy. Now, all of a sudden, these

0:25:07.760 --> 0:25:10.080
<v Speaker 2>people are coming out of the woodwork. And you know

0:25:10.160 --> 0:25:13.840
<v Speaker 2>they've been very critical of the administration, very critical or

0:25:14.440 --> 0:25:18.480
<v Speaker 2>maybe sitting on the sidelines, not saying anything, not quite

0:25:18.560 --> 0:25:23.000
<v Speaker 2>sure where to go. Well again, now all of a sudden,

0:25:23.040 --> 0:25:25.960
<v Speaker 2>these people are coming out and it's a surprise to

0:25:26.080 --> 0:25:28.760
<v Speaker 2>some of these people. And I'm sure, Margaret Brennan not

0:25:28.880 --> 0:25:32.280
<v Speaker 2>only was she confused by Marco Rubio and what the

0:25:32.640 --> 0:25:36.960
<v Speaker 2>administration did down in Venezuela. I'm sure back on when

0:25:37.160 --> 0:25:40.200
<v Speaker 2>when was this December the twenty sixth, No, no, no,

0:25:40.359 --> 0:25:43.680
<v Speaker 2>when was this anyway the Sunday before or whatever. Towards

0:25:43.720 --> 0:25:46.000
<v Speaker 2>the end of the year heading into twenty twenty six,

0:25:46.840 --> 0:25:51.320
<v Speaker 2>had an interview with the CEO, Brian moynihan, and I'm

0:25:51.320 --> 0:25:56.400
<v Speaker 2>sure she was confused by that as well. And it's

0:25:56.480 --> 0:26:00.000
<v Speaker 2>no secret tariffs, trade wars, and recession chatter have died

0:26:00.000 --> 0:26:03.880
<v Speaker 2>dominated the economic conversation over the past year heading into

0:26:03.920 --> 0:26:08.040
<v Speaker 2>twenty twenty six, though Bank of America CEO isn't buying

0:26:08.200 --> 0:26:15.320
<v Speaker 2>into the panic welcome aboard. You know. Let's see going

0:26:15.440 --> 0:26:18.960
<v Speaker 2>back to January the twentieth, with the economic policy that

0:26:19.040 --> 0:26:22.520
<v Speaker 2>the Trump administration was putting into place, then with Liberation

0:26:22.720 --> 0:26:26.040
<v Speaker 2>Day on April the second, and one of the people

0:26:26.119 --> 0:26:30.199
<v Speaker 2>that was saying back then that hey, by the end

0:26:30.240 --> 0:26:34.119
<v Speaker 2>of the year, although these experts, the Federal Reserve and

0:26:34.200 --> 0:26:37.359
<v Speaker 2>all these people were saying that the gross domestic product,

0:26:37.480 --> 0:26:40.720
<v Speaker 2>which is summation of all the goods and services, we

0:26:41.160 --> 0:26:45.920
<v Speaker 2>might hit one point eight percent growth compared to the

0:26:46.040 --> 0:26:49.359
<v Speaker 2>two point four percent in the fourth quarter of the

0:26:49.680 --> 0:26:54.399
<v Speaker 2>Biden administration, and back then in April, I said that

0:26:54.600 --> 0:26:57.680
<v Speaker 2>by the end of the year, our inflation rate would

0:26:57.680 --> 0:26:59.879
<v Speaker 2>be now I said at the time would be down

0:26:59.920 --> 0:27:02.720
<v Speaker 2>to two percent, which is at two point seven percent.

0:27:03.440 --> 0:27:06.920
<v Speaker 2>I also said that the gross domestic product would be

0:27:07.080 --> 0:27:11.520
<v Speaker 2>somewhere between four point five and five percent. Now, we

0:27:11.720 --> 0:27:14.720
<v Speaker 2>haven't gotten the fourth quarter numbers yet, but we did

0:27:14.880 --> 0:27:17.600
<v Speaker 2>get the third quarter numbers, and it was at four

0:27:17.760 --> 0:27:22.280
<v Speaker 2>point three percent growth, certainly not one point eight that

0:27:22.480 --> 0:27:26.800
<v Speaker 2>was being predicted. So we have been way ahead of

0:27:26.840 --> 0:27:33.200
<v Speaker 2>the curve on this, and now late to the game. Brian, jeez,

0:27:34.560 --> 0:27:38.680
<v Speaker 2>he's not buying into the panic, the panic that everybody

0:27:38.800 --> 0:27:41.760
<v Speaker 2>was buying into back in April. So eight months later,

0:27:41.880 --> 0:27:45.960
<v Speaker 2>he's not gonna buy into the panic. Oh my gosh.

0:27:46.400 --> 0:27:52.280
<v Speaker 2>So anyway, the predictions of this, and I wonder, and

0:27:52.720 --> 0:27:56.680
<v Speaker 2>I've made this comment too that looking at the gross

0:27:56.800 --> 0:28:00.800
<v Speaker 2>domestic product of four point three percent, that was smack

0:28:00.960 --> 0:28:04.040
<v Speaker 2>dab in the middle of the Schumer shut down, forty

0:28:04.200 --> 0:28:09.399
<v Speaker 2>three days of where the military and the air traffic

0:28:09.440 --> 0:28:14.200
<v Speaker 2>controllers and many employees of the federal government weren't getting

0:28:14.320 --> 0:28:17.440
<v Speaker 2>their paychecks. Even though some of them were still required

0:28:17.480 --> 0:28:20.200
<v Speaker 2>to go to work, they weren't getting their paychecks. And

0:28:20.280 --> 0:28:24.080
<v Speaker 2>if you're not getting paychecks, chances are you're not out

0:28:24.160 --> 0:28:27.399
<v Speaker 2>spending a lot of money. Chances are you're not buying things,

0:28:27.760 --> 0:28:31.879
<v Speaker 2>and so that affects the gross domestic product. I'm going

0:28:31.960 --> 0:28:34.320
<v Speaker 2>to I'd be curious, and I've not seen anybody talk

0:28:34.359 --> 0:28:36.080
<v Speaker 2>about this. I may have to do a little digging

0:28:36.480 --> 0:28:39.200
<v Speaker 2>to see what the effects of the Schumer shutdown in

0:28:39.280 --> 0:28:42.680
<v Speaker 2>that forty three days was on the GDP. But we'll

0:28:42.720 --> 0:28:45.440
<v Speaker 2>certainly see in the fourth quarter what that number is.

0:28:45.560 --> 0:28:48.240
<v Speaker 2>But anyway, getting back to this heading into twenty twenty six,

0:28:48.280 --> 0:28:51.480
<v Speaker 2>so Bank of America CEO isn't buying into the panic.

0:28:51.880 --> 0:28:54.160
<v Speaker 2>In an interview with CBS News Face the Nation with

0:28:54.280 --> 0:29:00.040
<v Speaker 2>Margaret Brennan, Brian moynihan made much quieter contrarian argument that

0:29:00.160 --> 0:29:03.680
<v Speaker 2>the tariff induced shock englfing the markets last year is

0:29:03.840 --> 0:29:08.360
<v Speaker 2>moving toward an end point four perspective. As of December

0:29:08.400 --> 0:29:10.880
<v Speaker 2>the twenty sixth, and we talked about this last week.

0:29:11.160 --> 0:29:14.200
<v Speaker 2>At the end of the year, Nasdak composite had surged

0:29:14.600 --> 0:29:18.840
<v Speaker 2>twenty two point two percent year to date. That is

0:29:19.000 --> 0:29:22.840
<v Speaker 2>taking into consideration the twelve percent of thirteen percent dip

0:29:23.160 --> 0:29:27.640
<v Speaker 2>as of April the second, so not only did they

0:29:27.720 --> 0:29:31.240
<v Speaker 2>make that up, but then surged ahead twenty two point

0:29:31.320 --> 0:29:33.760
<v Speaker 2>two percent By the end of the year. S and

0:29:33.840 --> 0:29:36.800
<v Speaker 2>P five hundred was up seventeen point nine and the

0:29:36.960 --> 0:29:40.480
<v Speaker 2>Dow is up over fourteen point five, contrary to what's

0:29:40.560 --> 0:29:42.320
<v Speaker 2>being making the rounds. More and a Hand believes the

0:29:42.400 --> 0:29:45.440
<v Speaker 2>terraff situation is starting to settle down. He feels that

0:29:45.560 --> 0:29:48.160
<v Speaker 2>once the dust settles around where the rates end up,

0:29:48.280 --> 0:29:53.400
<v Speaker 2>landing businesses will adapt swiftly, cost will be cost will

0:29:53.480 --> 0:29:56.920
<v Speaker 2>get priced in, and supply chains will adjust. Moreover. More

0:29:56.960 --> 0:30:02.440
<v Speaker 2>and Ahan also points to steady consumer spending, ongoing wage expansion,

0:30:03.000 --> 0:30:07.400
<v Speaker 2>and the loosening labor market that's far far from broken,

0:30:08.200 --> 0:30:12.160
<v Speaker 2>far from broken, not weak. Like lyon Jerry Powell has

0:30:12.160 --> 0:30:17.280
<v Speaker 2>been talking about the week week labor market. All these

0:30:17.360 --> 0:30:21.280
<v Speaker 2>so called economists talking about the week labor market. And again,

0:30:22.600 --> 0:30:26.800
<v Speaker 2>let me remind I love this. Okay. This is a

0:30:26.880 --> 0:30:31.920
<v Speaker 2>definition by Lawrence J. Peter. He is a academy from

0:30:32.440 --> 0:30:36.040
<v Speaker 2>a professor from up in Canada, and he came up

0:30:36.080 --> 0:30:39.480
<v Speaker 2>with the Peter principle. Basically, people rise in business, they

0:30:39.640 --> 0:30:42.600
<v Speaker 2>rise to their level of incompetence. And I'm sure anybody's

0:30:42.600 --> 0:30:45.560
<v Speaker 2>been involved in corporate America, you see that on a

0:30:45.720 --> 0:30:48.560
<v Speaker 2>large scale where you know, it's just amazing that that

0:30:49.600 --> 0:30:52.880
<v Speaker 2>people advance. And there's a theory behind that. We won't

0:30:52.880 --> 0:30:56.000
<v Speaker 2>get into that now, but he defined an economists. Economist

0:30:56.040 --> 0:30:59.640
<v Speaker 2>is an expert who will know tomorrow why the things

0:30:59.680 --> 0:31:05.400
<v Speaker 2>he addicted yesterday didn't happen today. So again, economists always

0:31:05.480 --> 0:31:08.080
<v Speaker 2>looking in the rearview mirror, trying to explain why stuff

0:31:08.120 --> 0:31:11.280
<v Speaker 2>they predicted didn't happen. But they're they're great at telling

0:31:11.320 --> 0:31:14.520
<v Speaker 2>you why it didn't happen after it didn't happen. But again,

0:31:14.920 --> 0:31:18.200
<v Speaker 2>I love to be well, you know, if they were listening,

0:31:18.360 --> 0:31:21.520
<v Speaker 2>America struck a network again, you know, eight months ago,

0:31:22.280 --> 0:31:24.800
<v Speaker 2>be so far ahead of the curve, don't even see

0:31:24.840 --> 0:31:28.760
<v Speaker 2>your tail lights. Let's see morning hand points city city

0:31:28.800 --> 0:31:33.080
<v Speaker 2>consumer spending and the labor market is far from broken.

0:31:33.720 --> 0:31:37.440
<v Speaker 2>Even the Federal Reserve, he suggests, matters a lot less

0:31:37.760 --> 0:31:41.840
<v Speaker 2>than mister market thinks. Okay, again, the consumers. Now, I

0:31:41.960 --> 0:31:44.960
<v Speaker 2>disagree with that to a certain extent, because if you

0:31:45.040 --> 0:31:48.800
<v Speaker 2>talk about the Federal Reserve and them involved in interest

0:31:48.880 --> 0:31:51.880
<v Speaker 2>rates and how what they do at the federal reserve

0:31:52.040 --> 0:31:55.840
<v Speaker 2>level on those interest rates to the individual banks, that

0:31:56.680 --> 0:32:01.080
<v Speaker 2>event filters through to our credit cards, into our car loans,

0:32:01.280 --> 0:32:06.680
<v Speaker 2>truck loans, business expansion loans, mortgages, and so on. So again,

0:32:07.080 --> 0:32:10.840
<v Speaker 2>the focus on the federal reserve because of interest rate cuts,

0:32:11.240 --> 0:32:14.120
<v Speaker 2>I think is a lot more important to the people

0:32:14.320 --> 0:32:16.800
<v Speaker 2>on the street than it would be to say, uh,

0:32:17.000 --> 0:32:20.840
<v Speaker 2>you know, CEO of Bank of America. Again, good comments

0:32:20.880 --> 0:32:22.840
<v Speaker 2>he had, but I think he missed the mark a

0:32:22.880 --> 0:32:25.320
<v Speaker 2>little bit as far as the Federal Reserve talking about that.

0:32:25.400 --> 0:32:28.720
<v Speaker 2>We're too fixated with what the what the Federal Reserve

0:32:28.840 --> 0:32:32.640
<v Speaker 2>is doing. Uh, Labor and consumer matters more than consumer.

0:32:32.880 --> 0:32:36.360
<v Speaker 2>Labor and consumers matter more than terriffs right now, according

0:32:36.400 --> 0:32:40.120
<v Speaker 2>to moynihan. Moinnan is clear that the real economic wildcard

0:32:40.200 --> 0:32:43.960
<v Speaker 2>sits elsewhere, with the big uncertainty for business currently being

0:32:44.160 --> 0:32:48.080
<v Speaker 2>labor and not trade policy. He notes that for small

0:32:48.200 --> 0:32:51.120
<v Speaker 2>and mid sized businesses, the real challenge is figuring out

0:32:51.440 --> 0:32:55.440
<v Speaker 2>whether they can hire and retain workers. That means hire

0:32:55.600 --> 0:32:59.080
<v Speaker 2>and retain workers, can they afford it because of interest rates?

0:32:59.240 --> 0:33:02.880
<v Speaker 2>If they tried to expand labor availability, which is often

0:33:02.960 --> 0:33:08.360
<v Speaker 2>linked to immigration policy. Clarity continues getting tougher to plan around.

0:33:09.640 --> 0:33:11.560
<v Speaker 2>You know, when you look at the population out there,

0:33:11.720 --> 0:33:16.000
<v Speaker 2>when you look at the labor participation rate, there is

0:33:16.120 --> 0:33:18.680
<v Speaker 2>a lot of room there. There are people that are

0:33:18.760 --> 0:33:21.440
<v Speaker 2>out of the labor market that should be in the

0:33:21.560 --> 0:33:26.400
<v Speaker 2>labor market. But because there are certain subsidies, because there

0:33:26.440 --> 0:33:29.760
<v Speaker 2>are certain benefits to being out of the labor market,

0:33:30.200 --> 0:33:32.560
<v Speaker 2>if some of those were tightened a bit, you might

0:33:32.600 --> 0:33:36.240
<v Speaker 2>get people coming back into the labor market. Point a

0:33:36.240 --> 0:33:39.360
<v Speaker 2>hand points consumer spending through late November with the again

0:33:39.760 --> 0:33:42.880
<v Speaker 2>the healthy four to five December was up four to

0:33:43.000 --> 0:33:45.680
<v Speaker 2>five percent, and that's consumer spending. On top of that,

0:33:46.080 --> 0:33:51.240
<v Speaker 2>the early season read data now shows it Visas estimating

0:33:51.440 --> 0:33:55.280
<v Speaker 2>holiday retail spending was up four point two percent from

0:33:55.520 --> 0:33:59.760
<v Speaker 2>November until December. Talking about the job growth and talking

0:33:59.760 --> 0:34:02.880
<v Speaker 2>about out other things, he again he talks about the

0:34:02.920 --> 0:34:05.960
<v Speaker 2>strength of the American economy, and I think again Margaret

0:34:05.960 --> 0:34:09.799
<v Speaker 2>Brennan was probably shocked by that, because, as I've been

0:34:09.880 --> 0:34:13.560
<v Speaker 2>saying a long time, the spoon fed rec urgitators in

0:34:13.600 --> 0:34:16.440
<v Speaker 2>the mainstream media have been doing everything they can do

0:34:16.840 --> 0:34:20.800
<v Speaker 2>to talk down the economy, and in my opinion, manufacturer

0:34:20.840 --> 0:34:24.319
<v Speaker 2>recession holiday sales, we'll tell me talking about those coming up.

0:34:24.360 --> 0:34:30.320
<v Speaker 2>I'm Kevin Gordon, America's Truck and Network seven hundred W Lwright.

0:34:30.160 --> 0:34:36.320
<v Speaker 1>News Radio seven hundred WLW, and iHeartRadio Station Guaranteed Human

0:34:36.760 --> 0:34:38.839
<v Speaker 1>seven hundred WLW, HI.

0:34:39.120 --> 0:34:44.600
<v Speaker 2>Heard Radio, Progressive Commercial Insurance, protext truck owners with specialized

0:34:44.640 --> 0:34:47.440
<v Speaker 2>coverages for heavy trucks, and sure it com be LW.

0:34:47.680 --> 0:34:51.080
<v Speaker 2>I'm Kevin Gordon. I have been looking for these numbers

0:34:51.239 --> 0:34:55.279
<v Speaker 2>for a long long time. You know, usually you will

0:34:55.400 --> 0:34:58.680
<v Speaker 2>see numbers coming out well a couple two three days,

0:34:58.920 --> 0:35:02.600
<v Speaker 2>you know, in between Christmas and New Year, because they

0:35:02.920 --> 0:35:06.480
<v Speaker 2>have the visa sales, they have the store sales and

0:35:06.800 --> 0:35:09.080
<v Speaker 2>all kinds of other metrics that they can look at

0:35:09.719 --> 0:35:12.160
<v Speaker 2>and come up with numbers. Didn't see any of that

0:35:12.400 --> 0:35:15.160
<v Speaker 2>last week, and some of that is now starting to

0:35:15.239 --> 0:35:20.600
<v Speaker 2>trickle in. And I wonder if because we had such

0:35:20.960 --> 0:35:24.239
<v Speaker 2>kind of a strange As I explained last week, it

0:35:24.400 --> 0:35:28.120
<v Speaker 2>was kind of a strange situation as far as our

0:35:29.320 --> 0:35:33.480
<v Speaker 2>working habits or whatever. With that holiday being on Thursday.

0:35:33.840 --> 0:35:36.000
<v Speaker 2>It's like people didn't know what to do with Friday.

0:35:36.200 --> 0:35:38.359
<v Speaker 2>Should they take off for one day?

0:35:38.480 --> 0:35:38.640
<v Speaker 4>You know?

0:35:39.160 --> 0:35:41.279
<v Speaker 2>Again, you know, I go I was talking last week

0:35:41.320 --> 0:35:44.480
<v Speaker 2>about how you know when you have a holiday like

0:35:44.520 --> 0:35:46.799
<v Speaker 2>the fourth of July or something like that Independence Day,

0:35:46.800 --> 0:35:49.840
<v Speaker 2>I should say, happens like on a Wednesday. So you

0:35:49.960 --> 0:35:51.960
<v Speaker 2>have the Monday and Tuesday, you go to work, and

0:35:52.000 --> 0:35:54.600
<v Speaker 2>then you're off on Wednesday, and then you come back Thursday,

0:35:54.680 --> 0:35:57.319
<v Speaker 2>and it feels like a second Monday during the week. Well,

0:35:57.440 --> 0:36:00.560
<v Speaker 2>with the holiday, with being on a Thursday, people were

0:36:00.600 --> 0:36:02.759
<v Speaker 2>taking a half day off on Wednesday, and a lot

0:36:02.840 --> 0:36:07.160
<v Speaker 2>of instances took off that Thursday and pretty much took

0:36:07.200 --> 0:36:09.919
<v Speaker 2>off that Friday, and then you had that short week

0:36:10.000 --> 0:36:13.040
<v Speaker 2>the following week for New Year's and some people were in,

0:36:13.360 --> 0:36:16.560
<v Speaker 2>some people were out. I noticed that in our office

0:36:17.120 --> 0:36:20.000
<v Speaker 2>here at the station, a lot of people. You know,

0:36:20.040 --> 0:36:22.480
<v Speaker 2>if you don't if you don't use it, you lose it.

0:36:22.800 --> 0:36:25.640
<v Speaker 2>As far as their vacation time, the final week, there

0:36:25.719 --> 0:36:28.920
<v Speaker 2>was a very scattered few people in the office because

0:36:28.960 --> 0:36:31.319
<v Speaker 2>a lot of people were getting squeezing in their last

0:36:31.680 --> 0:36:34.759
<v Speaker 2>few days of vacation time. So a lot of other

0:36:34.800 --> 0:36:36.560
<v Speaker 2>companies and a lot of people I tried to talk

0:36:36.640 --> 0:36:39.200
<v Speaker 2>to or call on Monday or Tuesday or Wednesday of

0:36:39.320 --> 0:36:41.960
<v Speaker 2>last week to try to schedule interviews or to try

0:36:42.000 --> 0:36:44.719
<v Speaker 2>to get some information. A lot of them were out

0:36:44.719 --> 0:36:46.400
<v Speaker 2>of the office and they said, well, I won't be

0:36:46.520 --> 0:36:49.440
<v Speaker 2>back in the office until you know, January of the

0:36:49.520 --> 0:36:52.520
<v Speaker 2>fifth or whatever. I'm like, my goodness, nice to have

0:36:52.920 --> 0:36:54.919
<v Speaker 2>a type of a business that you can shut down

0:36:55.000 --> 0:36:58.040
<v Speaker 2>for a week. Some people that was very shocked at

0:36:58.080 --> 0:37:02.600
<v Speaker 2>a couple of businesses that were actually very off during

0:37:02.640 --> 0:37:05.400
<v Speaker 2>that period of time. So again, people getting back, and

0:37:05.600 --> 0:37:08.200
<v Speaker 2>I'm wondering if the people that put together these numbers

0:37:08.440 --> 0:37:11.480
<v Speaker 2>were slow to get them together. But one I did

0:37:11.560 --> 0:37:15.000
<v Speaker 2>see from AYBC News, holiday shopping season sets forth the

0:37:15.040 --> 0:37:19.719
<v Speaker 2>annual gut check for the US economy, prompting buyers to

0:37:19.880 --> 0:37:24.480
<v Speaker 2>splurge in a show of optimism or cut back out

0:37:24.560 --> 0:37:27.719
<v Speaker 2>of fear of what the next year holds. In twenty

0:37:27.800 --> 0:37:32.120
<v Speaker 2>twenty five, shoppers open their wallets with gusto, though consumers

0:37:32.200 --> 0:37:36.160
<v Speaker 2>appeared to favor low cost options and discounts, according to

0:37:36.280 --> 0:37:40.680
<v Speaker 2>spending data shared with ABC News. Now, you know I've

0:37:40.760 --> 0:37:43.319
<v Speaker 2>seen you know, every year, you'll see these stories where

0:37:43.400 --> 0:37:45.360
<v Speaker 2>people are saying that, well, you know, what, what are

0:37:45.400 --> 0:37:47.440
<v Speaker 2>you going to be spending on Christmas this year? Kind

0:37:47.440 --> 0:37:49.839
<v Speaker 2>of the man on the street thing. And almost every

0:37:49.920 --> 0:37:52.640
<v Speaker 2>year I'm pretty shocked by that, because when you hear

0:37:52.760 --> 0:37:55.080
<v Speaker 2>the number, you're a little shocked at that. But then

0:37:55.239 --> 0:37:57.000
<v Speaker 2>when you sit back and you think about it, well,

0:37:57.080 --> 0:37:59.239
<v Speaker 2>let me see, we've got the grandkids, we got the kids,

0:37:59.320 --> 0:38:01.759
<v Speaker 2>we've got this, and you start adding that all up

0:38:01.800 --> 0:38:03.920
<v Speaker 2>and you go, oh, yeah, that's probably where they came

0:38:04.000 --> 0:38:06.520
<v Speaker 2>up with that money. But what you you know, when

0:38:06.520 --> 0:38:08.560
<v Speaker 2>you're thinking about it in increments of you know, you

0:38:08.680 --> 0:38:10.600
<v Speaker 2>buy this gift, and you buy this gift and buy

0:38:10.680 --> 0:38:13.080
<v Speaker 2>this gift, you know pretty much it adds up. But

0:38:13.480 --> 0:38:15.239
<v Speaker 2>when somebody says, well, I think I'm going to be

0:38:15.280 --> 0:38:19.279
<v Speaker 2>spending X and such dollars. Now, what really floors me

0:38:19.480 --> 0:38:21.640
<v Speaker 2>is when they will make a comment like, well, I've

0:38:21.680 --> 0:38:24.000
<v Speaker 2>got five people, six people to buy for, and I

0:38:24.080 --> 0:38:26.080
<v Speaker 2>think I'm going to spend five hundred dollars each on

0:38:26.400 --> 0:38:28.880
<v Speaker 2>each one of them. And it's like, whoa, it's a

0:38:29.200 --> 0:38:31.759
<v Speaker 2>little excessive there. And I see some of these things

0:38:31.840 --> 0:38:34.440
<v Speaker 2>on YouTube or whatever where people are just you know,

0:38:34.719 --> 0:38:38.279
<v Speaker 2>thirty gifts under the Christmas tree for like each kid.

0:38:38.719 --> 0:38:41.400
<v Speaker 2>So imagine at that time, I think they had like

0:38:41.480 --> 0:38:45.240
<v Speaker 2>a family of three, so that was incredible. But anyway,

0:38:46.040 --> 0:38:50.040
<v Speaker 2>holiday shopping, people, sports but again, you know, I guess

0:38:50.200 --> 0:38:53.000
<v Speaker 2>maybe because I've always been this way. In the first place,

0:38:53.480 --> 0:38:57.719
<v Speaker 2>I'm frugal, I don't I'm not an impulse buyer. I

0:38:58.840 --> 0:39:02.320
<v Speaker 2>look at things, I look at the value. I compare.

0:39:02.520 --> 0:39:06.360
<v Speaker 2>I say, okay, if this if this item is you know,

0:39:07.080 --> 0:39:10.120
<v Speaker 2>X and such a price, and this item over here

0:39:10.280 --> 0:39:13.280
<v Speaker 2>is half the price. Is this item that you're getting?

0:39:13.320 --> 0:39:14.719
<v Speaker 2>And of course, you know, you go on and you

0:39:14.840 --> 0:39:17.800
<v Speaker 2>do customer reviews, and you look at them and you think, okay,

0:39:18.880 --> 0:39:22.239
<v Speaker 2>what's the what's the benefit? Which one gets a four

0:39:22.320 --> 0:39:25.200
<v Speaker 2>star rating or whatever the rating is, and you look

0:39:25.239 --> 0:39:28.520
<v Speaker 2>at it and you say, well, okay, this item here

0:39:29.120 --> 0:39:33.839
<v Speaker 2>is that's expensive, is good, but is it twice as

0:39:33.920 --> 0:39:37.560
<v Speaker 2>good as this item here? And a lot of times

0:39:37.920 --> 0:39:42.000
<v Speaker 2>it fails in comparison with that. And so buying the

0:39:42.120 --> 0:39:45.760
<v Speaker 2>thing that is a little is less money. Then freeze

0:39:45.880 --> 0:39:48.640
<v Speaker 2>up more money so you can spend on other things.

0:39:49.200 --> 0:39:52.239
<v Speaker 2>And it's it's a game. I mean, you know, you

0:39:52.360 --> 0:39:54.759
<v Speaker 2>look at the trends and you look at what's in,

0:39:55.080 --> 0:39:58.279
<v Speaker 2>what's out, or what's the hottest thing. There was a

0:39:58.640 --> 0:40:01.839
<v Speaker 2>story last week that when I was on our sister station,

0:40:01.920 --> 0:40:04.560
<v Speaker 2>I was talking about some of the dumbest things people

0:40:04.640 --> 0:40:07.120
<v Speaker 2>spend money on. And you know, I mean, I'm not

0:40:07.480 --> 0:40:10.160
<v Speaker 2>it's dumb money. But if you can afford it, fine.

0:40:10.600 --> 0:40:14.080
<v Speaker 2>But when the latest and greatest new gadgets come out,

0:40:14.239 --> 0:40:17.400
<v Speaker 2>some people just have to have that latest iPhone, they

0:40:17.480 --> 0:40:20.160
<v Speaker 2>have to have that latest piece of electronic equipment, they

0:40:20.239 --> 0:40:23.279
<v Speaker 2>have to have that latest game box or whatever. And

0:40:23.600 --> 0:40:25.800
<v Speaker 2>when you look at it from that standpoint, it's like,

0:40:26.280 --> 0:40:29.359
<v Speaker 2>you know, is it is it really that much better?

0:40:30.000 --> 0:40:30.160
<v Speaker 6>Is it?

0:40:30.680 --> 0:40:33.600
<v Speaker 2>Does it do that much more? And we start seeing

0:40:33.640 --> 0:40:37.480
<v Speaker 2>people what I guess what I'm getting at is value shopping,

0:40:37.760 --> 0:40:40.080
<v Speaker 2>taking a step back and saying, you know, do I

0:40:40.160 --> 0:40:41.880
<v Speaker 2>want to do this. I've talked about this as far

0:40:41.920 --> 0:40:45.000
<v Speaker 2>as our grocery, you know, grocery shopping. And oh, by

0:40:45.080 --> 0:40:48.719
<v Speaker 2>the way, the Gordon household did hit that threshold. I

0:40:49.000 --> 0:40:51.879
<v Speaker 2>mentioned several times that you know, in the years past,

0:40:51.920 --> 0:40:55.279
<v Speaker 2>I've always tried to with our family that my wife

0:40:55.320 --> 0:40:57.400
<v Speaker 2>and I have a family of two, although we are

0:40:57.440 --> 0:41:00.560
<v Speaker 2>pretty much a family of three because I'm I'm a

0:41:00.600 --> 0:41:06.279
<v Speaker 2>big eater. But anyway, so trying to save about one

0:41:06.360 --> 0:41:09.680
<v Speaker 2>hundred dollars a month in terms of groceries, looking at

0:41:10.200 --> 0:41:12.880
<v Speaker 2>the flyers, the circulars that come out at the beginning

0:41:12.880 --> 0:41:15.160
<v Speaker 2>of the week, pick and choose what items is going

0:41:15.239 --> 0:41:19.600
<v Speaker 2>to buy. Not cheap stuff, but you know, very tasty stuff.

0:41:20.120 --> 0:41:22.600
<v Speaker 2>And I'm surprised that we've been able to save as

0:41:22.680 --> 0:41:25.359
<v Speaker 2>much money because we have switched over the last couple

0:41:25.400 --> 0:41:29.200
<v Speaker 2>of years to more organic stuff and stuff that doesn't

0:41:29.239 --> 0:41:31.440
<v Speaker 2>have all the preservatives in it, and that food is

0:41:31.560 --> 0:41:34.799
<v Speaker 2>generally a little bit higher. But in terms of wanting

0:41:34.880 --> 0:41:37.000
<v Speaker 2>to save one hundred dollars a month, in terms of

0:41:37.040 --> 0:41:41.640
<v Speaker 2>our groceries last month last year, we hit a period

0:41:41.840 --> 0:41:43.759
<v Speaker 2>because I added up a couple of the things from

0:41:44.040 --> 0:41:47.319
<v Speaker 2>the different retailers that we shop at. We saved over

0:41:47.800 --> 0:41:53.319
<v Speaker 2>twenty four hundred dollars in groceries last week simply by

0:41:53.440 --> 0:41:56.600
<v Speaker 2>using the coupons, simply by buying the buy one, get

0:41:56.640 --> 0:41:59.680
<v Speaker 2>one freeze, buying things like I keep talking about the

0:41:59.719 --> 0:42:03.520
<v Speaker 2>call I drink sales normally sells on the shelf, you

0:42:03.680 --> 0:42:06.160
<v Speaker 2>just walk in and pick it up about fifteen bucks

0:42:07.000 --> 0:42:09.600
<v Speaker 2>a canister, and yet if you get it when it's

0:42:09.640 --> 0:42:12.680
<v Speaker 2>on sale, it's about ten bucks. And I've actually got

0:42:12.760 --> 0:42:17.240
<v Speaker 2>it for about nine bucks at times. So again, hitting

0:42:17.320 --> 0:42:20.239
<v Speaker 2>those things when they're on sale is you can save

0:42:20.320 --> 0:42:22.680
<v Speaker 2>a lot of money. And we've talked about I mentioned

0:42:22.719 --> 0:42:24.880
<v Speaker 2>this on this program, where people will go in and

0:42:24.960 --> 0:42:27.600
<v Speaker 2>it's almost like how fast can you get in and

0:42:27.719 --> 0:42:30.080
<v Speaker 2>get out of the grocery store? And coming down the aisle,

0:42:30.160 --> 0:42:32.799
<v Speaker 2>it's like grab here, grab there, grab here, grab there.

0:42:33.239 --> 0:42:37.399
<v Speaker 2>And you know, if you're that type. And again I've

0:42:37.480 --> 0:42:40.359
<v Speaker 2>mentioned several times that if you're looking if you're going

0:42:40.440 --> 0:42:43.080
<v Speaker 2>down the grocery, just for fun, just look at the

0:42:43.160 --> 0:42:46.520
<v Speaker 2>different grocery. If you're looking at something eye level, look

0:42:46.640 --> 0:42:49.160
<v Speaker 2>at the tag and it'll tell you how many cents

0:42:49.200 --> 0:42:52.719
<v Speaker 2>per ounce or whatever the container is. Look at the

0:42:52.800 --> 0:42:56.360
<v Speaker 2>shelf below that or above that, and see the difference

0:42:56.400 --> 0:43:00.360
<v Speaker 2>in price. And it's amazing the difference in price per ounce.

0:43:00.520 --> 0:43:03.400
<v Speaker 2>So you're the figure that you're going to be looking

0:43:03.440 --> 0:43:06.040
<v Speaker 2>at stuff eye level, and so that's what you're going

0:43:06.120 --> 0:43:08.440
<v Speaker 2>to grab first. But if you go down to the

0:43:08.520 --> 0:43:11.080
<v Speaker 2>next level, or even a couple of shells down, you'll

0:43:11.120 --> 0:43:15.240
<v Speaker 2>find a lot the same item, same a better price. Anyway,

0:43:15.520 --> 0:43:18.920
<v Speaker 2>they talk here about value shopping. What people were doing holiday.

0:43:19.000 --> 0:43:21.680
<v Speaker 2>Let me see, let's get back in here again. Performance

0:43:21.760 --> 0:43:25.799
<v Speaker 2>defied concerns overhanging the economy for months as hiring slow

0:43:25.920 --> 0:43:30.480
<v Speaker 2>and inflation ticked higher, seeming the underterred undeterred shoppers flex

0:43:30.560 --> 0:43:33.520
<v Speaker 2>their's strength at the close of the year, offering some

0:43:33.840 --> 0:43:37.480
<v Speaker 2>reassurance that the wider economy. Consumer spending accounts for about

0:43:37.480 --> 0:43:40.920
<v Speaker 2>two thirds of the American economy. Holiday sales climbed three

0:43:41.000 --> 0:43:44.480
<v Speaker 2>point nine percent compared to last year, according to MasterCard.

0:43:46.000 --> 0:43:50.080
<v Speaker 2>Let's see digital spending on Thanksgiving jumped five percent from

0:43:50.160 --> 0:43:53.880
<v Speaker 2>the year earlier, totaling six point four billion and exceeding

0:43:54.200 --> 0:44:00.640
<v Speaker 2>exceeding expectations. There's that phrase again, exceeding expectations. According to

0:44:00.760 --> 0:44:04.360
<v Speaker 2>Adobe Analytics, on Black Friday, shoppers top the previous day's

0:44:04.440 --> 0:44:08.040
<v Speaker 2>pace and spending sword about nine percent compared to twenty

0:44:08.120 --> 0:44:11.920
<v Speaker 2>twenty four, adding up to eleven point eight billion dollars.

0:44:12.239 --> 0:44:14.600
<v Speaker 2>And then so on. For instance, they and then they

0:44:14.680 --> 0:44:18.319
<v Speaker 2>talk about in the resurgence of thrift shops or off

0:44:18.440 --> 0:44:21.640
<v Speaker 2>price retailers, how well they did and some of the

0:44:21.719 --> 0:44:28.920
<v Speaker 2>other other retailers, et cetera. So interesting retail sales. I'm

0:44:28.960 --> 0:44:33.000
<v Speaker 2>sure more will matriculate in through or trickle in through

0:44:33.040 --> 0:44:35.359
<v Speaker 2>the next couple of days. But well, folks, that does

0:44:35.400 --> 0:44:37.680
<v Speaker 2>it for us. Stay tuned for red Eye Radio. We're

0:44:37.760 --> 0:44:40.200
<v Speaker 2>up against the hour here. Stay tuned for red Eye Radio.

0:44:40.239 --> 0:44:45.480
<v Speaker 2>I'm Kevin Gordon, America's truck in Network. Seven hundred WLW.

0:44:46.080 --> 0:44:54.560
<v Speaker 5>News Traffic and Weather. News Radio seven hundred WLW Cincinnati Morning.

0:44:54.600 --> 0:44:55.680
<v Speaker 2>More on the attack again