WEBVTT - 3-17-26 Scott Sloan Show 0:00:00.200 --> 0:00:02.520 Do you want to be an American idiot? 0:00:03.160 --> 0:00:06.360 Scott flowing back on seven hundred. Wow, mother nature will 0:00:06.360 --> 0:00:08.960 not let it go holding a grudge like my mom. 0:00:09.039 --> 0:00:11.799 Good lord, We'll let it go. It's over, it's done 0:00:11.840 --> 0:00:15.520 with winter. Uh So five months on the sidelines. Now, 0:00:15.520 --> 0:00:19.920 it has been five months since they canned Chief Teresa 0:00:20.000 --> 0:00:22.919 Thiji from Cincinnati Police. Five months. Well, I shouldn't say it, 0:00:22.960 --> 0:00:25.800 and she's she's on leave or whatever they call suspended, 0:00:26.440 --> 0:00:30.520 but five months, come on, So her, this now exiled 0:00:30.560 --> 0:00:33.520 woman is fighting back. Her attorney came out hot yesterday 0:00:33.520 --> 0:00:36.800 calling this whole investigation a hatchet job, because this is 0:00:36.840 --> 0:00:39.320 the third extension they've had for Frost Brown Todd to 0:00:39.320 --> 0:00:42.400 do an investigation to find out why they fired someone 0:00:42.479 --> 0:00:45.040 five months ago. Normally you have costs at the beginning, 0:00:45.320 --> 0:00:48.159 not at the end. It's a cluster or waiting for 0:00:48.200 --> 0:00:50.120 the report to come out in two weeks. So what's 0:00:50.159 --> 0:00:52.880 the strategy here on that is a local attorney, former 0:00:52.920 --> 0:00:56.480 defense attorney in private practice now and UH employment law 0:00:56.520 --> 0:00:58.520 expert Jason Phillibum Jason, welcome, harre. 0:00:58.320 --> 0:01:01.000 You, good morning, doing very well, thank you. 0:01:01.200 --> 0:01:04.560 Yeah, So Fiji had been unpaid administry forin since October 0:01:04.600 --> 0:01:07.959 of last year, so that's almost five months. I said. 0:01:07.959 --> 0:01:11.160 Frost Brown Todd is doing the investigation. They've now extended it. 0:01:11.160 --> 0:01:13.520 It's gonna be they're finally wrapping up, I guess at 0:01:13.520 --> 0:01:14.679 the end of this month. So he got a couple 0:01:14.680 --> 0:01:15.080 of weeks. 0:01:15.480 --> 0:01:15.600 Uh. 0:01:15.640 --> 0:01:18.960 Stephen m a very good employment lawyer, held a press 0:01:18.959 --> 0:01:21.320 conference yesterday. He said the whole thing was a hatchet job, 0:01:21.319 --> 0:01:23.680 and he warned the city uh that they're going to 0:01:23.720 --> 0:01:26.960 move forward with a lawsuit. He claims that she was 0:01:27.040 --> 0:01:30.240 usually a scapegoat during the election last fall, that violent 0:01:30.280 --> 0:01:32.280 crime is actually up since she's removed, and no one's 0:01:32.280 --> 0:01:35.240 saying that interim chief Henney should be let go, and 0:01:35.280 --> 0:01:37.600 she wants her job back. And this is a classic 0:01:37.680 --> 0:01:41.560 employment litigation pre positioning. And he's playing the game pretty well. 0:01:41.680 --> 0:01:44.120 But let's begin with some of the more obvious questions 0:01:44.120 --> 0:01:45.800 now that everyone's up to date on what's going on 0:01:45.840 --> 0:01:48.640 with Terry Thiji. So the hatchet job comment before the 0:01:48.640 --> 0:01:51.960 report's released, that is that smart? Does that risk alienating 0:01:51.960 --> 0:01:54.240 a potential jury pool down the road? Is that the 0:01:54.320 --> 0:01:55.440 right play? 0:02:01.320 --> 0:02:04.360 It almost tells you that they think something bad is coming. 0:02:04.840 --> 0:02:07.080 Because I thought it was pretty interesting that he would 0:02:07.160 --> 0:02:10.320 come out. He would basically put one of their strongest 0:02:10.400 --> 0:02:14.320 arguments up front, which is, hey, crime has gone up. 0:02:15.080 --> 0:02:19.360 I mean quantitatively. It's just like fifty two deaths in 0:02:19.440 --> 0:02:21.840 the first you know, two three months, where it was 0:02:21.880 --> 0:02:25.480 only thirty two the year before. So there's a quantitative 0:02:25.560 --> 0:02:29.320 number right here, and we're still investigating this woman and 0:02:29.320 --> 0:02:33.400 that's wrong. So I think that's interesting because what it 0:02:33.520 --> 0:02:36.520 allows is it's almost like the Supreme Court argument before 0:02:36.560 --> 0:02:38.560 brief comes out, they all tell each other what they're 0:02:38.560 --> 0:02:40.960 going to say, and then they write their descents ahead 0:02:40.960 --> 0:02:43.239 of time. Its almost like he did that, and now 0:02:43.240 --> 0:02:45.600 it almost gives the other side a chance to put 0:02:45.600 --> 0:02:50.639 that number in in the report and say, yes, that's true. 0:02:50.760 --> 0:02:53.480 But and then they explain it away. So I found 0:02:53.520 --> 0:02:57.400 it interesting. I think it has some strategic value. But 0:02:57.680 --> 0:03:00.320 I also think that it tells us that there's probably 0:03:00.400 --> 0:03:01.680 a negative report coming. 0:03:02.120 --> 0:03:04.639 Yeah, I would think so too. But but also can 0:03:04.919 --> 0:03:06.880 the defect Can Steve im here play that, well, it 0:03:06.919 --> 0:03:08.799 took you five months to final Why did it take 0:03:08.840 --> 0:03:10.959 five months if you had all this stuff against her? 0:03:11.320 --> 0:03:13.320 Why did we wait five months to do this? Why 0:03:13.320 --> 0:03:15.320 didn't you build a case before you fired her and 0:03:15.360 --> 0:03:17.560 then presented to her when she was terminated or at 0:03:17.639 --> 0:03:18.280 least done leave. 0:03:19.720 --> 0:03:19.919 Yeah. 0:03:20.360 --> 0:03:22.200 First, the first thought that comes to my head is 0:03:22.240 --> 0:03:24.880 that the old saying where you find me a person, 0:03:24.919 --> 0:03:26.040 and I'll find you a crime. 0:03:26.120 --> 0:03:26.480 Correct. 0:03:26.520 --> 0:03:28.839 I mean some moost like that where they're they're now 0:03:28.919 --> 0:03:32.560 searching and they're turning under you know, every stone looking 0:03:32.600 --> 0:03:35.880 for something. And what bothers me is, yes, it takes 0:03:35.920 --> 0:03:38.680 five months. They're just going to say we're being thorough, 0:03:38.840 --> 0:03:40.800 we want to be very thorough, we want to make 0:03:40.800 --> 0:03:44.640 sure we've talked to everybody. But I'm also again reading 0:03:44.640 --> 0:03:48.400 the tea leaves, I'm guessing there's there's probably some policy 0:03:48.720 --> 0:03:52.320 that she violated, or maybe not one that she violated, 0:03:52.400 --> 0:03:55.760 something that she left you know, her her staff violate. 0:03:56.120 --> 0:03:59.000 That's probably what it's going to come down to. But 0:03:59.400 --> 0:04:02.440 you know that I've told people about this is look, 0:04:02.720 --> 0:04:05.240 at the end of the day of police chief or crime. 0:04:05.280 --> 0:04:08.880 In my opinion of twenty six years, crime happens because 0:04:09.760 --> 0:04:12.520 the police chief is not you know, doing something correctly, 0:04:12.920 --> 0:04:15.520 the judicial system is not enforcing. 0:04:15.080 --> 0:04:17.800 Well, or you know, you're not hiring enough. 0:04:17.839 --> 0:04:21.440 Because she only has control of one of those and 0:04:21.640 --> 0:04:24.680 the one that she has control over. There's now statistics 0:04:24.720 --> 0:04:28.320 from her attorney that the new interim police chief done 0:04:28.400 --> 0:04:31.680 something that actually made crime go up. So the only 0:04:31.720 --> 0:04:34.440 thing she had control about shows that the new guy 0:04:34.640 --> 0:04:36.280 is actually not doing as well as her. 0:04:37.920 --> 0:04:40.240 And you know, you mentioned that there's a pre coops 0:04:40.320 --> 0:04:42.720 use that pretext all the time when they pull someone over. 0:04:43.000 --> 0:04:45.479 They okay, you know, I think something's going on here. 0:04:45.960 --> 0:04:49.400 They touched their wheel, touch the fog line, or uh, 0:04:49.480 --> 0:04:51.400 you know, the third break light is out, or you 0:04:51.680 --> 0:04:54.039 didn't see you to the signal too earlier to I mean, 0:04:54.080 --> 0:04:55.600 they if they're going to pull you, they're going to 0:04:55.640 --> 0:04:57.560 find a reason. Same thing here, we're gonna we're gonna 0:04:57.600 --> 0:05:00.520 fire you and then find the reason why. But so 0:05:00.720 --> 0:05:03.640 now it's what two weeks out before this report drops? 0:05:04.440 --> 0:05:07.000 What is him actually trying to accomplish legally? Two weeks 0:05:07.000 --> 0:05:08.960 before why now? Why yesterday? 0:05:10.360 --> 0:05:12.120 I think he's probably trying to control the. 0:05:12.200 --> 0:05:16.000 Narrative only because he's expecting a bad report. I mean, 0:05:16.279 --> 0:05:18.840 some of the strongest arguments is that she was let 0:05:18.839 --> 0:05:23.520 go two weeks before the election. There's a strong argument 0:05:23.600 --> 0:05:26.919 that if the mayor would have lost the election and 0:05:26.960 --> 0:05:29.320 the senior manager might have been out to because he 0:05:29.360 --> 0:05:33.320 appoints it, then the city council approves her appointment. But 0:05:33.520 --> 0:05:37.360 so there's a strong argument this was political. Someone had 0:05:37.400 --> 0:05:41.479 to be the scapegoat or rising crime because that's something 0:05:41.520 --> 0:05:44.920 that the elector they just they don't want to tolerate anymore. 0:05:45.000 --> 0:05:48.160 So that's one thing. And then secondly, now that you're 0:05:48.200 --> 0:05:51.880 getting ready to because once you file that lawsuit, then 0:05:51.880 --> 0:05:53.960 you have to be very careful in what you say 0:05:54.080 --> 0:05:57.560 because then courts get mad if you start talking when 0:05:57.600 --> 0:06:00.280 there's a pending lawsuits. So it's almost like he use 0:06:00.360 --> 0:06:03.560 his strongest argument now because as soon as the report 0:06:03.640 --> 0:06:06.000 comes out, they're probably going to file something as soon 0:06:06.040 --> 0:06:08.440 as possible, and then at that point he's going to 0:06:08.480 --> 0:06:09.919 have to be a little bit more careful about what 0:06:10.000 --> 0:06:10.640 he talks about. 0:06:10.839 --> 0:06:13.600 Gotcha, he made the direct comparisons you did and how 0:06:13.640 --> 0:06:16.480 Fiji was treated versus Chief Henny Interim Chief Henny. Why 0:06:16.520 --> 0:06:18.599 is that comparison so important in this in a wrong 0:06:18.640 --> 0:06:19.880 ful termination claim? 0:06:20.960 --> 0:06:23.720 Well, I think there's a number of things you look 0:06:23.760 --> 0:06:26.680 at when someone's treated differently, and one of them is 0:06:27.080 --> 0:06:32.720 by gender. So was she treated differently than the male counterpart? Was, 0:06:33.360 --> 0:06:35.800 you know, and then you go into things of that nature, 0:06:36.160 --> 0:06:38.960 and then you have to again look at quantifiable numbers 0:06:38.960 --> 0:06:42.920 because I'm guessing that you know, policies that were broken 0:06:43.000 --> 0:06:46.080 here when they do a full investigation, they were probably 0:06:46.120 --> 0:06:49.120 broken across you know, It's like anything like you said, driving, 0:06:49.360 --> 0:06:51.920 I mean, how many people speed, you know, even if 0:06:51.920 --> 0:06:55.160 it's one, two, three miles, Well, technically that's the violation 0:06:55.279 --> 0:06:56.760 of the law. So I think you're going to find 0:06:56.760 --> 0:06:59.719 some technical issues. And then the argument she's going to 0:06:59.720 --> 0:07:02.400 bring up as we'll wait a second, I'm the only 0:07:02.440 --> 0:07:05.000 one being mistreated, and I happen to be a female, 0:07:05.000 --> 0:07:07.680 which is a protected class. All the men that came 0:07:07.720 --> 0:07:10.920 before me and after me that were allowing the same thing, 0:07:11.000 --> 0:07:13.360 they weren't treated that way, and so that's going to 0:07:13.360 --> 0:07:17.440 be one of their strongest arguments for an employment. 0:07:17.600 --> 0:07:20.080 You know, discrimination or something of that nature. 0:07:20.160 --> 0:07:21.960 Does age factor in as well as sex. 0:07:23.280 --> 0:07:23.720 It does. 0:07:23.880 --> 0:07:27.640 Anyone over forty is a protected class too. But if 0:07:27.800 --> 0:07:30.560 everyone that the police chief is over forty, then that 0:07:30.640 --> 0:07:34.600 kind of negate that she's being treatedly different than maybe 0:07:34.880 --> 0:07:38.160 another police sheef because I'm not aware of any that 0:07:38.200 --> 0:07:40.960 have been under forty, So age is a protected class, 0:07:40.960 --> 0:07:42.800 but I don't know that it would play that much 0:07:42.800 --> 0:07:46.520 of it is because other police chiefs are probably around 0:07:46.520 --> 0:07:47.280 her age as well. 0:07:47.520 --> 0:07:50.800 Attorney Jason Phillibaum on the show explaining the intricacies of 0:07:50.920 --> 0:07:55.320 yesterday's press comforts by Stephen m the attorney for interim 0:07:55.360 --> 0:07:58.080 well a former former chief Terry Fiji. The interim is 0:07:58.200 --> 0:08:01.040 Adam Henny and calling this whole instigation that's been going 0:08:01.080 --> 0:08:05.280 on now for five months. They terminated essentially five months ago, 0:08:05.320 --> 0:08:06.840 and now they're going to come up with a report 0:08:07.160 --> 0:08:09.280 just about two weeks away that tells you why they 0:08:09.280 --> 0:08:11.679 fired her in the first place. I think most people 0:08:11.680 --> 0:08:13.840 look at that and go, okay, it sounds like a 0:08:13.880 --> 0:08:16.239 hatchet job. So using those words, I think we're correct. 0:08:16.240 --> 0:08:19.560 But he's setting the stage here, obviously positioning, prepositioning for 0:08:19.680 --> 0:08:23.400 what's about to come out. He specifically tied her removal 0:08:23.400 --> 0:08:26.560 to the timing of the election last October November. So 0:08:27.040 --> 0:08:29.360 how hard is that to prove political motivation was the 0:08:29.400 --> 0:08:32.040 real reason behind this move? And because it's it's you know, 0:08:32.080 --> 0:08:34.319 if you throw something out there that you can't substantiate, 0:08:34.360 --> 0:08:35.920 because only a fool, I have to have pure of 0:08:35.920 --> 0:08:38.199 all is no fool would say yeah, of course as 0:08:38.240 --> 0:08:42.160 political entirely. That's a whole separate incident and problems for 0:08:42.200 --> 0:08:45.560 the city and in particular the mayor legally speaking, so 0:08:45.640 --> 0:08:48.439 he can't confirm that. He just ignores it. So if 0:08:48.480 --> 0:08:52.360 you throw something like that out, it kind of just 0:08:52.360 --> 0:08:55.200 floats out there. That does that help him? 0:08:55.520 --> 0:08:56.320 Yeah, it does. 0:08:56.360 --> 0:09:00.200 It's like motive, motive and a murder case. You have 0:09:00.320 --> 0:09:03.720 to prove why someone did what they did, but having 0:09:03.760 --> 0:09:07.079 that information is just now extra flavor to the case. 0:09:07.120 --> 0:09:09.440 That makes a lot worse sense. So when you go 0:09:09.600 --> 0:09:14.480 into a trial on this you wrongful termination. Essentially, you're 0:09:14.520 --> 0:09:17.840 going to claim that this was all political, and you 0:09:17.920 --> 0:09:20.320 may not be able to prove that there's an email 0:09:20.480 --> 0:09:23.040 going from the mayor to the city manager saying, hey, 0:09:23.160 --> 0:09:25.600 get rid of her. But at the end of the day, 0:09:25.960 --> 0:09:28.839 you're fighting for your political life, You're two weeks away 0:09:28.840 --> 0:09:32.280 from an election, and you're let go when no one 0:09:32.320 --> 0:09:34.920 else that's been inder the same situations and let go. 0:09:35.240 --> 0:09:37.200 I think the argument is this is this. 0:09:37.120 --> 0:09:41.000 Is political, and then whether or not the jury agrees 0:09:41.040 --> 0:09:43.600 with that or not, it just kind of adds flavor 0:09:43.679 --> 0:09:46.680 to Hey, who was this female treated differently than the 0:09:46.720 --> 0:09:49.640 other males. And then you know, if I were the mayor, 0:09:49.800 --> 0:09:53.679 I'd almost lean into it. I'd say, yes, it's political, 0:09:53.840 --> 0:09:56.280 that's my job. My job is to make sure I 0:09:56.400 --> 0:09:58.480 do what the people want me to do. People were 0:09:58.520 --> 0:10:02.240 getting upset about crime, and so I replaced the police chief. 0:10:02.559 --> 0:10:05.000 It's like, if you lean into it, you could try 0:10:05.040 --> 0:10:07.240 to make an argument that yes, I'm doing what the 0:10:07.280 --> 0:10:10.200 people want. You know, they want me to make sure, 0:10:11.000 --> 0:10:13.400 you know, city is safe. So I don't know that. 0:10:13.480 --> 0:10:16.200 If I were the city I would stay away from 0:10:16.200 --> 0:10:18.480 that as much. But you know, at the end of 0:10:18.520 --> 0:10:21.480 the day, I'm guessing. You know, the way politics are 0:10:21.520 --> 0:10:24.680 and everyone hates politicians, they'll probably say, no, this is 0:10:24.720 --> 0:10:27.600 because of a policy. But that's the other thing is 0:10:27.640 --> 0:10:30.760 they didn't know about the policy until after the investigation. 0:10:31.040 --> 0:10:33.559 That's the other strong argument that she's going to make 0:10:33.679 --> 0:10:35.720 is a wait a second, You found that that I 0:10:35.840 --> 0:10:39.680 touched that white line after the fact, Yeah, how can 0:10:39.720 --> 0:10:43.239 that be used to justify my removal? 0:10:43.360 --> 0:10:48.760 In October, Jason Philibum Terry cig signed a memo. There 0:10:48.840 --> 0:10:50.559 was a memo that that said she serves at the 0:10:50.600 --> 0:10:53.680 pleasure of the city manager. Does that does that undermine 0:10:53.679 --> 0:10:54.720 her legal opinion. 0:10:54.440 --> 0:10:59.440 Here, not necessarily, because everyone here in Ohio is at will, 0:10:59.480 --> 0:11:02.480 which means you can be terminated for any reason. I 0:11:02.520 --> 0:11:05.440 had a client called me up the other day that 0:11:05.720 --> 0:11:07.880 thought their boss was being a jerk, and I had 0:11:07.920 --> 0:11:09.920 to say, I'm sorry, but being a jerk is not 0:11:10.000 --> 0:11:13.400 against the lall. Now, certain things that they may do 0:11:13.520 --> 0:11:16.400 could rise to the level, but you know you're at will. 0:11:16.520 --> 0:11:18.400 If they want to let you go because they don't 0:11:18.440 --> 0:11:21.520 like you anymore, then theoretically they can. Now if they 0:11:21.600 --> 0:11:24.720 let you go because you're the female in the office 0:11:24.760 --> 0:11:26.679 and all the other men aren't being let go, now 0:11:26.720 --> 0:11:29.640 you have an argument that you're being treated differently. So 0:11:29.720 --> 0:11:32.720 in that particular case, the fact that you know the 0:11:32.760 --> 0:11:36.000 city manager you serve with the pleasure, that's true, you're 0:11:36.040 --> 0:11:37.800 at will. But at the end of the day, that 0:11:37.920 --> 0:11:40.880 doesn't mean they can terminate you just because you know 0:11:41.400 --> 0:11:44.440 of a protected class reason or something like that. So 0:11:44.480 --> 0:11:46.719 if it's you know, I think if again, if they 0:11:46.800 --> 0:11:48.640 leaned into it, if they just said we want to 0:11:48.640 --> 0:11:51.720 make a change, we don't like the direction this is going, 0:11:51.760 --> 0:11:53.720 and then they just made a change, I think they 0:11:53.760 --> 0:11:56.319 would have almost a better situation. 0:11:56.440 --> 0:11:58.480 Than if they went through this whole investigation. 0:11:58.720 --> 0:12:01.880 Is now it looks like she's being treated differently than 0:12:01.920 --> 0:12:04.480 the other males, and then that's going to be the 0:12:04.520 --> 0:12:06.920 strongest argument that she makes when they get in the court. 0:12:07.040 --> 0:12:09.240 Well, that whole at the pleasure thing. At the same time, 0:12:09.280 --> 0:12:11.400 it goes the other way. That knife cuts both ways. 0:12:11.240 --> 0:12:14.360 A city manager share long has the authority to fire 0:12:14.400 --> 0:12:17.000 the chief without cause. So why go throughout five months 0:12:17.120 --> 0:12:21.920 multi extended with three times extended investigation for this if 0:12:22.200 --> 0:12:23.400 you could just fire her anyway. 0:12:24.440 --> 0:12:26.800 Yeah, it's like, you know, going back to that murder 0:12:26.880 --> 0:12:29.559 case where the spouse shoots the other one in self 0:12:29.600 --> 0:12:32.800 defense and then instead of just calling the police and saying, hey, 0:12:32.880 --> 0:12:35.440 I did it self defense, they start hiding the weapon, 0:12:35.480 --> 0:12:38.480 they start cleaning up the and then all of a sudden, 0:12:38.640 --> 0:12:40.760 you know, they're not going to believe that self defense 0:12:40.800 --> 0:12:41.480 claim anymore. 0:12:41.559 --> 0:12:44.560 So in this situation, if they just said I'm getting ready. 0:12:44.440 --> 0:12:47.240 Because crime going up and that's not tolerable right now, 0:12:47.559 --> 0:12:49.320 they would probably have a stronger case. 0:12:49.360 --> 0:12:51.280 And oh, well, let's put you aside. 0:12:51.320 --> 0:12:54.160 It's doing an investigation and now we're going to let Now, 0:12:54.440 --> 0:12:56.360 now it's going to almost look like a cover up, 0:12:56.360 --> 0:12:58.760 and that's what you end up running into when when 0:12:58.800 --> 0:13:01.320 you get into corn is if they think trying to 0:13:01.400 --> 0:13:04.080 hide something, then you're going to be not so trusted 0:13:04.160 --> 0:13:05.840 and your reasoning won't be trusted either. 0:13:06.840 --> 0:13:09.320 If the city fires are after this report comes out, 0:13:09.640 --> 0:13:13.920 what claims you think Steven m files on her behalf wrong, coltrimination, defamation, 0:13:14.440 --> 0:13:15.000 something else. 0:13:16.160 --> 0:13:18.000 Yeah, I think those are gonna be the big claims 0:13:18.000 --> 0:13:21.800 that they go after. I also think, you know, what 0:13:21.880 --> 0:13:26.040 kind of investigation, whether or not that was fair, whether 0:13:26.120 --> 0:13:29.320 or not anything was coerced. You might have some you know, 0:13:29.360 --> 0:13:32.400 for example, she still may have friends in that police department, 0:13:32.480 --> 0:13:35.239 and they may come to them and say that the investigation, 0:13:35.760 --> 0:13:39.640 you know, they were using some pretty severe techniques to 0:13:39.679 --> 0:13:41.640 try to get information, like you better tell us what's 0:13:41.679 --> 0:13:41.920 going on. 0:13:42.000 --> 0:13:43.040 We're gonna let you go too. 0:13:43.760 --> 0:13:47.040 If those allegations come out, that could rise to another offense. 0:13:47.120 --> 0:13:48.920 So I think the big ones is you're going to 0:13:49.000 --> 0:13:52.920 see basically an employment as well as defamation, and then, 0:13:53.360 --> 0:13:56.920 you know, whatever this report comes out, it'll be interesting 0:13:56.960 --> 0:13:59.200 to see if if she still has some friends in 0:13:59.240 --> 0:14:02.400 the department that come forward and sort of whistleblow on 0:14:02.440 --> 0:14:03.559 the whistle blowers. 0:14:03.800 --> 0:14:04.000 Yeah. 0:14:04.280 --> 0:14:07.760 I think the other interesting element of this is if 0:14:07.760 --> 0:14:09.920 this helps or hurts, or maybe it doesn't matter. I 0:14:09.960 --> 0:14:13.120 don't know. So the city spent five months and had 0:14:13.160 --> 0:14:16.079 a contract with Frost Brown Tide to investigate. They extended 0:14:16.120 --> 0:14:18.120 a second time, extended it a third time to the 0:14:18.160 --> 0:14:19.320 end of this month, and we think this is the 0:14:19.400 --> 0:14:21.800 last one. They could extend it again. Who knows. Does 0:14:21.840 --> 0:14:25.760 the length of that process help or hurt Terry Cig's case, I. 0:14:25.800 --> 0:14:28.680 Think it helps because the argument is, you spent five 0:14:28.800 --> 0:14:32.480 months reviewing my driving pattern and all you can do 0:14:32.640 --> 0:14:35.080 is find one time when I touched the line are 0:14:35.120 --> 0:14:38.120 you can think, or one time that I went five 0:14:38.160 --> 0:14:42.160 miles over? I think I think that's the argument is 0:14:42.200 --> 0:14:44.360 you're gonna you're taking so long and at the end 0:14:44.400 --> 0:14:46.440 of the day, you were only able to find. 0:14:46.240 --> 0:14:47.760 These the couple of things. 0:14:48.080 --> 0:14:51.440 Now, the other argument, again trying to argue both sides, 0:14:51.480 --> 0:14:55.720 is it might be so wrought with corruption that it 0:14:55.920 --> 0:14:59.120 just took longer because one thing led to another and another. 0:14:59.240 --> 0:15:02.160 And so it also depends on what comes out. If 0:15:02.160 --> 0:15:04.480 two violations come out and it took five months to 0:15:04.520 --> 0:15:07.480 find that, it's going to be a huge argument for her, 0:15:07.800 --> 0:15:11.080 if there's fifty thousand violations that happened over a course 0:15:11.120 --> 0:15:13.680 of her employment, then all of a sudden, it's like, well, 0:15:13.720 --> 0:15:16.280 of course it's taken so long. They've had to investigate 0:15:16.360 --> 0:15:20.720 every single complaint, every single rumor and everything like that. 0:15:21.080 --> 0:15:23.760 And so I think, you know, what happens at the 0:15:23.880 --> 0:15:26.520 end of this report will tell us whether that's je files. 0:15:27.400 --> 0:15:29.760 I mean, if anything rise to criminal conduct and the 0:15:29.920 --> 0:15:33.240 like that, it's like, well, who's overseeing the police department. 0:15:33.280 --> 0:15:35.720 It's that's a city manager's office. You know, the more 0:15:35.760 --> 0:15:38.320 they say, hey, she did all this stuff, doesn't that 0:15:38.400 --> 0:15:40.000 also indict the city manager? 0:15:41.040 --> 0:15:44.000 They can absolutely you know. You know one of the 0:15:44.000 --> 0:15:48.480 biggest mistakes that police officers make is they run a 0:15:48.520 --> 0:15:51.440 license plate for a friend, and that's a big no no, 0:15:51.600 --> 0:15:54.080 that's a crime, and that gets a lot of people 0:15:54.080 --> 0:15:58.440 into trouble. Well, if that's happening all over Cincinnati, then 0:15:58.960 --> 0:16:01.720 then upper manage had the problem because they're not doing 0:16:01.720 --> 0:16:04.040 anything to check that, right, and I think that would 0:16:04.040 --> 0:16:07.040 then fall yes on the city manager. So there's another 0:16:07.120 --> 0:16:10.320 double edged sword here, which is how how bad is 0:16:10.360 --> 0:16:13.160 the alleged corruption they're looking at? Because it was really 0:16:13.240 --> 0:16:15.480 bad then it goes all the way to the top. Yeah, 0:16:15.680 --> 0:16:17.240 just past the you know, just. 0:16:17.280 --> 0:16:20.800 How well, then it becomes political again. And the other 0:16:20.840 --> 0:16:23.760 thing too is the communications. Internal communications are part of 0:16:23.760 --> 0:16:27.280 Discovery praised her leadership at the same time they're building 0:16:27.280 --> 0:16:29.640 a public case against her that seems pretty damaging. 0:16:31.240 --> 0:16:33.520 Absolutely. I tell that to people all the time. You 0:16:33.600 --> 0:16:36.360 got a perfect review and then three days later they 0:16:36.480 --> 0:16:38.440 let you go because you're a bad employee. 0:16:38.640 --> 0:16:39.360 That doesn't fly. 0:16:39.600 --> 0:16:41.600 And so that's another thing that she's going to argue 0:16:41.640 --> 0:16:44.640 is I've got great reviews up until two weeks before 0:16:44.680 --> 0:16:47.280 the election, when all of a sudden, crime is on 0:16:47.320 --> 0:16:49.640 the on the ballot, and then I get let go 0:16:49.760 --> 0:16:52.600 of the scapegoat. That's gonna be another strong point that 0:16:52.680 --> 0:16:55.080 she has to say that this is political, this is 0:16:55.120 --> 0:16:58.080 a witch hunt. I am basically the scapegoat that we 0:16:58.200 --> 0:17:00.600 need to you know, sure, we need time again. 0:17:00.720 --> 0:17:04.040 Sorry. I think I think all that goes into play. Absolutely. Yeah. 0:17:04.119 --> 0:17:05.600 M came out and said, well she should get her 0:17:05.680 --> 0:17:08.240 job back. That with the chances of that are probably 0:17:08.240 --> 0:17:11.200 what one percent, right, the likelihood is a huge settlement. 0:17:12.359 --> 0:17:14.920 Yes, I think that's you know, if that could be 0:17:14.960 --> 0:17:18.399 another reason for the extension too is look, we haven't 0:17:18.400 --> 0:17:20.960 really found anything that's going to justify a huge win 0:17:21.000 --> 0:17:24.120 in court, So that's let's figure out a win win 0:17:24.560 --> 0:17:27.480 you you know, voluntarily move on and retire and we 0:17:27.640 --> 0:17:30.560 pay you out and then we can kind of get 0:17:30.560 --> 0:17:33.440 out of this with you know, both sides winning. That 0:17:33.560 --> 0:17:35.560 would be the reason for the extension too. 0:17:35.600 --> 0:17:37.520 You never know, she's going to drop in a couple 0:17:37.560 --> 0:17:41.200 of weeks. We'll know then. Jason Phillibum, of course, fantastic 0:17:41.200 --> 0:17:44.399 defense attorney, employment law expert, as well his two cents 0:17:44.400 --> 0:17:47.040 on what went down yesterday with the Terry Fiji Stephen 0:17:47.200 --> 0:17:50.440 m press conference. It was a shot across about of 0:17:50.520 --> 0:17:52.200 the city calling this thing a hatchet job. When the 0:17:52.240 --> 0:17:54.840 report comes out, we'll find out what that means. Jason, 0:17:54.880 --> 0:17:55.960 all the best, Bomber, Take care. 0:17:56.920 --> 0:17:57.800 I appreciate it, thank you. 0:17:57.920 --> 0:17:59.560 News is coming up in just seconds here on the 0:17:59.560 --> 0:18:01.440 big one hell of a traffic day today. It seems 0:18:01.480 --> 0:18:03.840 like everything was shut down because of the inclement Weatherful 0:18:03.880 --> 0:18:07.920 details coming up in news and more one return, including 0:18:08.240 --> 0:18:11.320 a little bit more on this and how Terry Fiji 0:18:11.880 --> 0:18:14.920 plays into Saint Patrick's day today. What I'll pull those 0:18:14.920 --> 0:18:18.280 things again because it's about consistency. There's some inconsistencies here. 0:18:18.280 --> 0:18:21.639 We'll get into that after news on the Big One. Sorry, 0:18:21.680 --> 0:18:24.199 that was an interesting press conference yesterday with Stephen m 0:18:24.200 --> 0:18:27.679 in the case of Terry Thiji, the interesting case of 0:18:27.720 --> 0:18:30.840 the former and I say former although she hasn't been 0:18:30.880 --> 0:18:34.560 fired police chief Terry Thiji and Jason Phillibaum are legal 0:18:34.560 --> 0:18:36.960 expert on the Scott Sloan Show said well, you know 0:18:37.000 --> 0:18:40.040 you also have sex and or age discrimination in there too, 0:18:40.119 --> 0:18:44.320 because those are protected classes. And man, there's a lot 0:18:44.440 --> 0:18:47.760 of protected classes these days, right, and that is just 0:18:48.040 --> 0:18:49.679 you know, the legal definition should be a group of 0:18:49.720 --> 0:18:55.560 people legally protected from employment, housing, public accommodation discrimination based 0:18:55.600 --> 0:19:01.000 on things like race, ethnicity, gender, age, religion, disability. Basically, 0:19:01.000 --> 0:19:04.959 can't mistreat someone who can't help where or how or 0:19:04.960 --> 0:19:07.720 to whom they were born, right, And that's a pretty 0:19:07.760 --> 0:19:09.720 good legal standard. I think it's hard to argue that 0:19:09.760 --> 0:19:11.520 going to I can't change who I was born to 0:19:11.600 --> 0:19:15.879 what I was born, and what I look like. But 0:19:16.119 --> 0:19:17.359 I want to bring this back. I said, there's a 0:19:17.400 --> 0:19:19.600 talie in here, with today being Saint Patrick's day in 0:19:19.600 --> 0:19:23.040 this Terry Thiji thing, and I if you listen to 0:19:23.080 --> 0:19:24.639 the show for any like the time. You know, I 0:19:24.680 --> 0:19:25.440 try to be consistent. 0:19:25.480 --> 0:19:25.840 I like to. 0:19:27.760 --> 0:19:30.800 Not look at it from a political bias or whatever 0:19:30.840 --> 0:19:32.400 the bias might be. And it's hard to do because 0:19:32.400 --> 0:19:33.919 we're all biased in some way, shape or form. But 0:19:34.280 --> 0:19:36.040 I just look I want the rules to apply to 0:19:36.080 --> 0:19:38.919 everyone equally. And it's a tough time for someone like 0:19:38.960 --> 0:19:40.600 that to be alive these days. If you're like that, 0:19:40.880 --> 0:19:43.320 you feel me. And so I bring this up on 0:19:43.359 --> 0:19:45.639 Saint Patti's Day and you want to talk about a 0:19:45.720 --> 0:19:51.199 great example of our cultural sensitivities and also protected groups. 0:19:51.320 --> 0:19:53.879 Let me ask you something, where else can you have 0:19:53.960 --> 0:20:02.360 a leprechaun logo? You know, a height challenge, verdict challenged, firecrotch, 0:20:02.480 --> 0:20:07.080 red bearded mascot, and the logo goes on everything and 0:20:07.119 --> 0:20:14.199 no one is screaming about racism, ethnicity or ready for it, 0:20:15.480 --> 0:20:20.959 cultural misappropriation. Where are the cultural misappropriation crowd? Where are they? 0:20:21.040 --> 0:20:25.080 Where are they? On Saint Patrick's Day? A lot of 0:20:25.119 --> 0:20:27.399 other ethnic holidays are things you point out are like, no, 0:20:27.520 --> 0:20:29.119 we can't, you can't do that. You know, when I 0:20:29.520 --> 0:20:34.359 someone who is not I don't know hispanic opens up 0:20:34.400 --> 0:20:37.479 a taco stand or tries to. There's some things long 0:20:37.520 --> 0:20:41.440 ago where where you know, you have fusion cuisine, which 0:20:41.480 --> 0:20:45.120 is the combination of two different cuisines into something else. 0:20:45.119 --> 0:20:47.000 And we've always done that in America. And people are 0:20:47.040 --> 0:20:50.280 losing their minds because white people are cooking Hispanic food. 0:20:50.320 --> 0:20:54.159 It's cultural misappropriation. Shut the hell up. They're just trying 0:20:54.200 --> 0:20:55.720 to make money, is what they're doing. They're ready to 0:20:55.720 --> 0:20:59.600 come up with something new, and I think it's a 0:20:59.600 --> 0:21:04.520 great You know, if we have this established cultural framework, 0:21:05.040 --> 0:21:08.200 in this doxing and cancel culture in which we currently 0:21:08.240 --> 0:21:13.520 live that says its stereotypical ethnic caricatures cause harm, then 0:21:13.720 --> 0:21:16.880 me being mister consistency, is that standard has to fly 0:21:16.920 --> 0:21:19.520 across the board. We're not gonna talk about principles or politics. 0:21:20.119 --> 0:21:22.640 So if you look at a leprechaun, by every objective 0:21:22.680 --> 0:21:26.440 matter measure, it's it's an ethnic caricature. You've got a short, 0:21:26.560 --> 0:21:30.840 red haired, green clad irishman obsessed with gold and drinking. 0:21:31.040 --> 0:21:33.560 I mean, if you ran that through the DEI computer, 0:21:33.920 --> 0:21:40.240 it would explode. Okay, drink. He's a drunk and he's 0:21:40.280 --> 0:21:42.919 obsessed with gold, and he's got red hair and he's short. 0:21:43.720 --> 0:21:46.760 The Chillele. Yeah, that's well, that's the third We put 0:21:46.800 --> 0:21:50.120 your lips on the third rail there, Clark. But again 0:21:50.160 --> 0:21:52.959 we have this selective enforcement of cultural sensitivity rules. It 0:21:53.000 --> 0:21:55.280 exposes the whole thing is a fraud. It's a power play. 0:21:55.320 --> 0:21:57.040 It's not a moral standard. The whole thing's a fraud. 0:21:57.440 --> 0:22:02.359 And this fits into DEI as well. It reduces a 0:22:02.440 --> 0:22:05.399 nationale to a mythological figure which I lean into. I 0:22:05.440 --> 0:22:08.280 think that part Irish. Why I identify more as Italian, 0:22:08.320 --> 0:22:10.160 but I got that Irish sloan. That's pretty Irish name, 0:22:12.280 --> 0:22:16.200 and reinforces the drinking stereotype that Irish all drunks, and 0:22:16.240 --> 0:22:18.440 the whole wow, they don't mind defense that doesn't hold. 0:22:18.520 --> 0:22:20.840 We reject that argument for every other group. Why this 0:22:20.880 --> 0:22:24.000 one and the whole image itself was kind of born 0:22:24.000 --> 0:22:29.120 from mockery, the vaudeville age, you know, the eye bumbling, 0:22:29.200 --> 0:22:32.200 superstitious drunk was a stock comedy character back in the 0:22:32.240 --> 0:22:35.720 eighteen hundreds and nineteen hundreds, and the leprechaonus direct descend 0:22:35.720 --> 0:22:38.760 into that that type of ridicule and publish, well, well 0:22:38.840 --> 0:22:40.560 you know it's it's a different thing. Well, why because 0:22:40.600 --> 0:22:43.400 you're white Europeans, I mean, if you are a cultural 0:22:43.440 --> 0:22:49.960 warrior and you object to cultural misappropriation and dangerous stereoisis, 0:22:50.000 --> 0:22:53.720 where are those people today? They're at the bar drinking 0:22:53.720 --> 0:22:56.000 green beer, wearing a silly hat. That's what they're doing. 0:22:56.280 --> 0:22:59.280 I mean, it's such a This to me just is 0:22:59.359 --> 0:23:02.760 just another or this is another brick in the wall 0:23:04.280 --> 0:23:07.280 and trying to segregate DEI because at the heart of 0:23:07.320 --> 0:23:09.880 DEI and you know, certainly I think there's a period 0:23:09.880 --> 0:23:11.760 of time certainly needed that. I think it's a good 0:23:11.800 --> 0:23:13.640 test today to find ef can stand on its own 0:23:13.680 --> 0:23:16.040 and you know, you win on merit, not who you 0:23:16.160 --> 0:23:18.240 are or where you came from, as it should be, 0:23:18.800 --> 0:23:21.000 and that's what the Constitution says. And I think you 0:23:21.080 --> 0:23:22.800 got to give that time to go okay, well did 0:23:22.800 --> 0:23:24.880 it work or not? And time to stand on your own. 0:23:25.119 --> 0:23:27.800 So you got to pull that carpet out. But in 0:23:27.840 --> 0:23:32.040 this just exemplifies that opinion, like this is a great 0:23:32.040 --> 0:23:34.800 defense of it is. No one is complaining, even Irish people. 0:23:34.840 --> 0:23:39.240 I'm complaining about stereotyping Irish people today. You know, you 0:23:39.320 --> 0:23:41.520 got a bar serving green beer and lucky charms and 0:23:41.560 --> 0:23:45.159 doing shots today. Imagine a bar doing tequila shots with 0:23:45.560 --> 0:23:48.840 speedy gonzalesnces on sinco demand. But here's the thing, is 0:23:48.880 --> 0:23:53.400 like the stereotype is that you see you see Hispanics, 0:23:53.520 --> 0:23:55.840 particularly the Mexican culture leaning the Mexican right. You go 0:23:55.880 --> 0:23:58.960 into a Mexican restaurant and it's your birthday, you're doing 0:23:58.960 --> 0:24:02.000 shots and you've got a big some on. But then people, 0:24:02.000 --> 0:24:04.520 if you post it on social people, actually there's clapping 0:24:04.600 --> 0:24:07.359 back at you for misappropriating that culture, even though the 0:24:07.400 --> 0:24:09.600 people who are foisting on you and encouraging to do 0:24:09.640 --> 0:24:12.560 it are the same people who should be offended according 0:24:12.600 --> 0:24:16.439 to that theory. That's why this who the whole ethnic 0:24:16.520 --> 0:24:19.240 stereotype and race, I mean, it's just it's all based 0:24:19.480 --> 0:24:23.440 to charade, is what it is. Like if the protected class, 0:24:23.520 --> 0:24:26.720 the darlings of the day, are protected, then that's all 0:24:26.720 --> 0:24:28.960 that matters. Well, then applied equally across and you see 0:24:28.960 --> 0:24:32.760 how ridiculous this whole fight is. You know, you don't 0:24:32.760 --> 0:24:35.200 get to ban a sombrero and keep a leprechaun man 0:24:35.280 --> 0:24:39.680 pick a lane. Pick a lane. And the inconsistency isn't 0:24:39.720 --> 0:24:43.160 a bug. It's proof that the rules are political leverage 0:24:43.200 --> 0:24:45.280 and not about human dignity. All these things I mean, 0:24:45.440 --> 0:24:48.439 all right, you can be offended. We got Chief Wahoo, Okay, 0:24:48.600 --> 0:24:51.240 got rid of that. And I'm not saying it was 0:24:51.280 --> 0:24:53.560 good or bad. I'm just pointing out the inconsistency here, right, 0:24:53.640 --> 0:24:56.960 Chief Wahoo. Yeah, it's kind of cringey. Okay, we got 0:24:57.840 --> 0:24:59.879 you know, Uncle Ben on the on the rice box, 0:25:00.680 --> 0:25:02.720 subservient black man in a bow top got where that 0:25:02.720 --> 0:25:05.760 Missus Butterworth was under review. Remember that when the Missus 0:25:05.760 --> 0:25:08.199 Butterworth Syrup controversy, I thought it was just some I 0:25:08.280 --> 0:25:13.920 just thought it was Missus doubtfire. But apparently I guess 0:25:13.960 --> 0:25:16.439 someone determined this to be a mammy characature. I'm not 0:25:16.480 --> 0:25:20.200 quite sure. Landa Lakes Butter went through it. The Native 0:25:20.200 --> 0:25:23.280 American maiden on the box that went away. Remember it 0:25:23.400 --> 0:25:26.119 was Star Wars Jar jar Binks that controversy you had, 0:25:26.320 --> 0:25:30.159 you have a Pooh on the Simpsons, and so, I mean, 0:25:30.160 --> 0:25:32.720 the point is it's not defending the stereotypes, saying look, 0:25:32.760 --> 0:25:34.960 if you're just going to be what you say you are, 0:25:36.440 --> 0:25:39.320 then you have to be consistent. So if you're offended 0:25:39.359 --> 0:25:43.879 about butter and syrup and rice and a Pooh and 0:25:44.000 --> 0:25:46.840 jar jar Binks, then I would say why where's the 0:25:46.880 --> 0:25:50.600 outrage over Saint Patrick's Day? And you can't find it 0:25:50.640 --> 0:25:54.160 because well, largely it's like that's they're Europeans, so it's 0:25:54.720 --> 0:25:57.320 but that undermines your whole argument, you know, the green 0:25:57.560 --> 0:25:59.760 you got great and the culture mistrepublisher people wearing green 0:25:59.800 --> 0:26:02.280 hair and green clothes and the Chileley and kiss me 0:26:02.320 --> 0:26:05.159 I'm Irish and chili and beer. It's a stereotype, but 0:26:05.160 --> 0:26:08.840 it's also it's it's cultural misappropriation. Where are the cultural 0:26:08.880 --> 0:26:11.920 misappropriation warriors on Saint Patrick's Day? To show you how 0:26:13.160 --> 0:26:15.000 what it's based on is a bunch of nonsense and 0:26:15.040 --> 0:26:18.040 a shakedown. There you go, I don't see people protesting 0:26:18.040 --> 0:26:20.960 at Maldy Malone's or anything like that on and rightly, 0:26:21.000 --> 0:26:23.600 so you should go in and drink and eat boiled 0:26:23.600 --> 0:26:27.040 food and pretend to like Irish dancing for a day. 0:26:27.359 --> 0:26:29.240 They given the people who are like Irish don't really 0:26:29.280 --> 0:26:34.080 like Irish dancing. It's like, what is this? And so 0:26:34.240 --> 0:26:35.960 either all that they all go or they all stay. 0:26:36.040 --> 0:26:38.120 But you know, we admit, when the framework gets selectively 0:26:38.200 --> 0:26:41.840 enforced based on which groups have agency or have current 0:26:41.880 --> 0:26:44.480 political capital, we got to start pretending it's it's about 0:26:44.560 --> 0:26:48.879 human dignancy, human decency and dignity and protecting a culture. 0:26:48.920 --> 0:26:52.000 It's just it's silly, and it's like, well, I'm trying 0:26:52.000 --> 0:26:53.880 to think if there's a we Got Rid of Columbus Day, 0:26:53.880 --> 0:26:57.280 because that was offensive on I'm trying to think if 0:26:57.280 --> 0:26:59.080 there's another holiday and say go to MI. I mean, 0:26:59.119 --> 0:27:01.600 I remember it was here locally a number of years 0:27:01.600 --> 0:27:05.120 ago where someone was under fire. The place was under 0:27:05.160 --> 0:27:10.720 fire because they had a I think it was kind 0:27:10.720 --> 0:27:14.120 of a thick I can picture the logo in my head. 0:27:14.160 --> 0:27:16.119 I escaped me and forget what it was, but it 0:27:16.160 --> 0:27:18.880 was like a guy taking a siesta under a net, 0:27:18.960 --> 0:27:20.840 leaning up against a cactus, which is not a good 0:27:20.840 --> 0:27:24.040 place to rest your head. But nonetheless it's just a logo. 0:27:24.800 --> 0:27:27.080 No one's really being pricked by the cactus. And maybe 0:27:27.080 --> 0:27:29.040 it's a non prickly cactus. I don't know, but it's 0:27:29.080 --> 0:27:31.040 a fat guy in a sarape and he's got the 0:27:31.080 --> 0:27:34.119 bandalier around, he's got the sombrero and the big mustache 0:27:34.200 --> 0:27:37.560 and he's having a siesta. And that was the logo. 0:27:37.640 --> 0:27:40.920 And of course you can't have that people, even though 0:27:40.960 --> 0:27:42.720 I think the people who ran in the place were 0:27:43.280 --> 0:27:46.200 I think they were Mexicans, so I mean, if you wouldn't. 0:27:46.200 --> 0:27:47.800 And a funny thing is I remember traveling down to 0:27:47.880 --> 0:27:50.120 Cancun and back in the day when they had phone books, 0:27:50.119 --> 0:27:51.359 and they leave the phone book and I'm like, well, 0:27:51.440 --> 0:27:53.919 it's in the Mexican phone book and the logos for 0:27:53.920 --> 0:27:56.560 the Mexican restaurants. There were all these stereotypes that here 0:27:56.600 --> 0:27:59.480 at America were offended about. These are actual Mexicans do well, 0:27:59.480 --> 0:28:01.919 that's different because they can do that because it's their culture. 0:28:02.000 --> 0:28:04.360 I see. But man, I'll tell you what you want 0:28:04.359 --> 0:28:09.040 to split hairs. Saint Patti's Day, Saint Patty's Day? What 0:28:09.160 --> 0:28:11.880 about that? I don't know any irishman who's offended by 0:28:12.400 --> 0:28:15.280 a leprechaun. Quite honestly, I don't, nor should you be. 0:28:15.359 --> 0:28:17.440 But that's the point of this. Hey, Chris, you're on 0:28:17.480 --> 0:28:18.920 the Scott Slan Show. Thanks for checking on. 0:28:18.960 --> 0:28:21.280 What's up me morning, sir. How are you doing. 0:28:21.320 --> 0:28:22.480 I'm doing well. I'm doing well. 0:28:23.280 --> 0:28:25.680 I have a comment on what what's talking about? Okay, 0:28:25.800 --> 0:28:30.200 you know that the only real life fixture that actually 0:28:30.320 --> 0:28:33.800 survived is an old white guy's a quicker roats guy. 0:28:35.080 --> 0:28:37.080 If you want men as Syria out when you talk 0:28:37.119 --> 0:28:40.480 about missus Butterworth un over to my style, or even 0:28:40.520 --> 0:28:43.560 the butter with the Indian guy and laying the lake. Yeah, 0:28:44.040 --> 0:28:48.200 the only real life character is an old white guy 0:28:49.040 --> 0:28:49.680 quick roaps. 0:28:50.680 --> 0:28:51.440 Yeah, who is a. 0:28:53.600 --> 0:28:53.840 See it? 0:28:53.880 --> 0:28:55.760 For a long time I thought that was Barbara Bush 0:28:55.800 --> 0:28:59.720 back when she was So it's a guy, okay. 0:29:00.320 --> 0:29:00.440 Uh. 0:29:00.880 --> 0:29:02.920 The Quaker roads things interesting because I think there, I 0:29:02.920 --> 0:29:03.960 don't know, one's not proud of what? 0:29:04.080 --> 0:29:04.120 What? 0:29:04.320 --> 0:29:06.360 What am I thinking of? Trying to think of the 0:29:07.600 --> 0:29:09.680 quite a while. He's a Quaker. Yeah, it's Quaker. I'd 0:29:09.680 --> 0:29:12.480 be Quaker oad. He's a Quaker. So I'm not quite 0:29:12.520 --> 0:29:14.680 sure if that's exploitative or not. I have no idea. 0:29:14.760 --> 0:29:17.760 He's got the ponytail, he's got the the wacky hat 0:29:17.800 --> 0:29:18.440 on with a buckle. 0:29:19.600 --> 0:29:24.080 But it's the only real life fixture, I guess. I mean, 0:29:25.200 --> 0:29:27.320 it's not a fixture. You know, he's not a guy. 0:29:29.040 --> 0:29:31.000 But you feel me right. I'm not saying we should 0:29:31.120 --> 0:29:33.760 we should cancel Saint Patrick's Day. No, what I'm going 0:29:33.960 --> 0:29:37.520 is that if you allow this, then why is everything 0:29:37.520 --> 0:29:39.680 else off the table? If you're trying to be consistent 0:29:39.720 --> 0:29:43.160 about enforcing the racial prejudices of America and it's all 0:29:43.240 --> 0:29:45.920 got to be absolutely stamped. And who who's pissed off 0:29:45.920 --> 0:29:51.160 about Saint Patty's Day? Nobody correct bingo, bing that's a bingo. 0:29:51.720 --> 0:29:54.440 That's a big no, it's just bingo. It's just sloany 0:29:54.520 --> 0:29:56.440 here on seven hundred w W had five one three 0:29:56.480 --> 0:29:57.880 cent four and I seven thousand, College Tilla and a 0:29:57.960 --> 0:29:59.520 joby on the Scott Flung Show. Thanks for checking in 0:29:59.520 --> 0:30:02.280 and appreciate what's up? Hey, Thank you, Jake. 0:30:02.280 --> 0:30:09.320 You So there's definitely are not equality in these characters 0:30:09.360 --> 0:30:13.200 for DEI, but I found it interesting over to Cracker 0:30:13.320 --> 0:30:16.080 Barrel where they brought back Herschel. 0:30:16.520 --> 0:30:18.520 Yeah, because of the because of the I mean, it's 0:30:18.520 --> 0:30:19.960 like an old coke thing. It's a boat. But I 0:30:20.080 --> 0:30:22.560 remember when that broke, I went like, well, because it's 0:30:22.560 --> 0:30:24.680 a terrible logo is why they should change it. It 0:30:24.720 --> 0:30:27.320 doesn't translate to to black and white. It's hard to 0:30:27.360 --> 0:30:29.360 see what it is. And I don't know if it 0:30:29.480 --> 0:30:31.440 was much canceling Uncle Herschel. I didn't know there was 0:30:31.440 --> 0:30:34.120 a name until the story broke, But I neither it 0:30:34.200 --> 0:30:35.880 was an attack on old people at all. But again 0:30:35.960 --> 0:30:39.160 it isn't it part of this backlash to to sensitivities 0:30:39.240 --> 0:30:42.360 of age and protected classes. Absolutely, that's what it is. 0:30:42.400 --> 0:30:44.600 Because the people on the right rush to defend this 0:30:44.760 --> 0:30:46.600 old carr and you only get room because he's old, 0:30:46.640 --> 0:30:49.520 and so that fell under the age discrimination category. And 0:30:49.960 --> 0:30:52.160 now we've got the right canceling stuff. You know, just 0:30:52.320 --> 0:30:54.880 enough already. If the logos change the logo, that's fine. 0:30:55.160 --> 0:30:57.959 The problem is probably the food, the food and who 0:30:58.000 --> 0:31:01.080 owns it and what the you know, what the demo is, 0:31:01.120 --> 0:31:03.840 I guess more than the logo ware. 0:31:03.920 --> 0:31:06.080 We could add that where we would say something like 0:31:06.200 --> 0:31:09.600 wild Mound Walker and then say something along the lines 0:31:09.800 --> 0:31:13.920 of leprechauns forever THEI never. 0:31:13.840 --> 0:31:17.400 Yes exactly, so we're not offended by leprechauns. But everything else, 0:31:17.960 --> 0:31:20.800 the cultural misappropriation wars are silent. And next time I 0:31:20.840 --> 0:31:24.120 have a cultural misappropriation issue or you're if you're ever 0:31:24.200 --> 0:31:27.600 faced with that le's cultural misappropriation. You can't you know, 0:31:27.720 --> 0:31:31.560 you can't make Chinese food if you're white, Say well, 0:31:31.960 --> 0:31:34.280 I don't know. I saw plenty of people, you know, 0:31:34.440 --> 0:31:39.600 people of color, brown people, white people, Asian folks all 0:31:39.680 --> 0:31:42.560 celebrating Saint Patrick's Day, and you know, no one's scriminal culture. 0:31:42.960 --> 0:31:45.240 Is that culture? Well, no, that's different because these are 0:31:45.320 --> 0:31:49.320 the white European overlords. I get it. Racism and ethnicity 0:31:49.600 --> 0:31:51.800 is fine as long as you're not the one on 0:31:51.880 --> 0:31:52.520 the receiving end. 0:31:52.640 --> 0:31:53.120 I got it. 0:31:53.320 --> 0:31:56.920 So at least, if anything, you're consistent on this whole thing, 0:31:57.080 --> 0:31:59.720 absolutely consistent. Coming up at ten oh seven this morning, 0:32:00.600 --> 0:32:02.720 we are in March madness. You got your brackets filled 0:32:02.720 --> 0:32:05.120 out yet. I haven't done that yet. I promised Austin 0:32:05.160 --> 0:32:06.840 Elmore yesterday I would do that. I'm gonna I'm gonna 0:32:06.840 --> 0:32:10.280 particip Actually, you know, what I'm gonna do kind of 0:32:10.360 --> 0:32:14.600 is a test. I'm I'm gonna see if how I 0:32:14.640 --> 0:32:16.520 can get my dog to fill the bracket. I want 0:32:16.560 --> 0:32:19.720 to see if the dog can what the accuracy rate is, 0:32:19.800 --> 0:32:21.880 because you know, you've got people like Austin, You've got 0:32:21.960 --> 0:32:24.960 Tony Pike, You've got Lance McAllister, you got Moegger, you 0:32:25.000 --> 0:32:27.360 got all these guys on sports guys, and I'll fill 0:32:27.400 --> 0:32:29.520 out the brackets and als. I just want to see, 0:32:29.600 --> 0:32:33.240 like you know, your whole reason for being is based 0:32:33.240 --> 0:32:35.040 on being a sports actor. I just want to see 0:32:35.080 --> 0:32:37.920 if the dog can randomly pick winners and losers better 0:32:38.000 --> 0:32:39.680 than the experts. It's a it's a good I may 0:32:39.800 --> 0:32:41.640 do that. I may have bandit filled that thing out. 0:32:42.160 --> 0:32:43.800 I used to do that with the forecast with my 0:32:43.880 --> 0:32:46.200 old dog who has since been put down a long 0:32:46.280 --> 0:32:50.680 time ago, Lego, the World's Dumbest dog TM, who would 0:32:50.720 --> 0:32:52.960 predict the forecast, like when we had the snow today. 0:32:52.960 --> 0:32:55.600 I'd have different plates of food with one, you know, 0:32:55.840 --> 0:32:58.160 less than an inch, one to two inches, two to 0:32:58.240 --> 0:33:02.040 three inches, four inches loss a snowmageddon, and he would 0:33:02.080 --> 0:33:05.240 whatever food bowl he ate out of that would be 0:33:05.320 --> 0:33:08.000 the forecast. And it turned out he was as accurate 0:33:08.040 --> 0:33:10.960 as a lot of the climatarists that are on television. 0:33:11.040 --> 0:33:14.760 Wag caused a lot of problems back in the day 0:33:15.200 --> 0:33:20.280 between me and my friends in the TV media. Anyway, anyway, 0:33:20.400 --> 0:33:23.520 if we have March Madness here, we'll talk about responsible 0:33:23.560 --> 0:33:26.120 gaming coming up. At ten oh seven. Earlier in the show, 0:33:26.200 --> 0:33:30.840 if you missed it, I had on Jason Philibaum, former 0:33:30.920 --> 0:33:33.800 prosecutor and defense attorney and talking about the Terry Thigi situation, 0:33:33.840 --> 0:33:36.840 because this whole rant about de Ei and you know, 0:33:37.000 --> 0:33:39.440 Saint Patrick's day was rooted in that going on. He said, 0:33:39.480 --> 0:33:41.880 you know, she may have a sex and age discrimination 0:33:42.000 --> 0:33:44.280 case because it's a protected class and said, well, it's 0:33:44.280 --> 0:33:46.120 an interesting time to talk about that. You mentioned that 0:33:46.280 --> 0:33:50.000 because of Saint Patrick's day, but talking about yesterday's press 0:33:50.000 --> 0:33:53.560 conference with her attorney, Stephen m who's a wonderful employment 0:33:53.600 --> 0:33:57.720 lawyer and has already fired the first salvo across the 0:33:57.800 --> 0:34:01.800 bow regarding her termination some five months ago. And it 0:34:01.920 --> 0:34:04.200 was a great discussion. If you missed it, it's going 0:34:04.280 --> 0:34:05.960 to be on the podcast fall on the show via 0:34:05.960 --> 0:34:08.000 the iHeartRadio. Of course, if you miss it too, you 0:34:08.040 --> 0:34:10.480 can always take us wherever you are go from the 0:34:10.520 --> 0:34:12.719 car to you're off to just have your earbuds in 0:34:12.800 --> 0:34:15.359 you can take the show. It's completely portable that way. 0:34:15.800 --> 0:34:17.960 But it's interesting watching some of the highlights of the 0:34:18.000 --> 0:34:20.640 press conference yesterday where Steve m called this a hatchet job. 0:34:21.840 --> 0:34:24.279 And I think the strategy itself is really interesting too. 0:34:24.400 --> 0:34:27.080 So why would you have a press conference before the 0:34:27.160 --> 0:34:30.040 report drops and the report presumably is going to drop 0:34:30.560 --> 0:34:32.719 the first week of next month, because this is the 0:34:32.840 --> 0:34:35.359 third time they've extended the contract with Frost Brown Todd, 0:34:35.400 --> 0:34:37.719 Who's going to spend and spend a lot of time 0:34:37.760 --> 0:34:39.360 and a lot of your money if you live in 0:34:39.400 --> 0:34:42.560 the city, investigating why they fired her five months ago, 0:34:43.239 --> 0:34:46.279 which is not a good look. So they held the 0:34:46.320 --> 0:34:50.080 press conference yesterday. And what he's doing, he's poisoning the 0:34:50.120 --> 0:34:52.880 well is what it's called. So whatever comes up out 0:34:52.960 --> 0:34:54.680 of that report, and I think they got a tip 0:34:54.760 --> 0:34:57.120 that there's some bad stuff in there, he readily public 0:34:57.120 --> 0:34:59.160 called it a hatchet job. So then he said, well, 0:34:59.200 --> 0:35:01.160 we expect this from the It doesn't take five months 0:35:01.200 --> 0:35:03.080 to find out why you fired someone in October, and 0:35:03.120 --> 0:35:05.160 here it is March and April, and now you're just 0:35:05.200 --> 0:35:07.960 getting around. Some of the report hits our frame of 0:35:08.000 --> 0:35:09.840 mind as the public mean you be in the public. 0:35:09.920 --> 0:35:12.680 That's already said. Of course it's as bad thing. Frost 0:35:12.719 --> 0:35:14.960 Brown Todd was not paid to find good things about 0:35:15.040 --> 0:35:17.799 Terry Thig. They're paid to find bad things about Terry Thig. 0:35:17.880 --> 0:35:19.880 Of course it's gonna come out. For example, you know, 0:35:19.960 --> 0:35:22.560 company may go hire a consultant. You know the consult 0:35:22.680 --> 0:35:24.560 everything can be running great, hurry consultant. They're going to 0:35:24.600 --> 0:35:27.080 find stuff to change because it justifies why we're paying 0:35:27.120 --> 0:35:30.000 them this money in the first place. And Steve him 0:35:30.239 --> 0:35:33.040 yesterday also made the point of comparison that violent crime 0:35:33.120 --> 0:35:35.360 had increased since theg went on leave, Yet no one's 0:35:35.520 --> 0:35:40.560 moving to take interim chief. Heini off the jiant And 0:35:40.640 --> 0:35:41.960 you know there's a thing. I mean, he's doing a 0:35:42.000 --> 0:35:44.839 great job, am Henny's ston doing a great job from 0:35:45.000 --> 0:35:46.880 all intents and purposes. And so you could say the 0:35:46.920 --> 0:35:50.200 same about Terry Thig And they basically put the city 0:35:50.239 --> 0:35:52.359 on notice saying there's gonna be a lawsuit get ready 0:35:52.400 --> 0:35:53.759 for it in the city is going to have to pay, 0:35:53.880 --> 0:35:57.280 meaning the taxpayers as well. So he knows the report 0:35:57.440 --> 0:36:00.200 is not going to look good. The investigation has been 0:36:00.360 --> 0:36:04.320 extended twice and they're building a case against her. But 0:36:04.480 --> 0:36:06.680 he can't stop the report. What you can control, though, 0:36:06.680 --> 0:36:09.439 if you're the attorney. Here is what people believe about 0:36:09.480 --> 0:36:11.279 the report before they read a single word of it. 0:36:11.360 --> 0:36:14.160 It's it's pretty smart. That's a good legal strategy right there. 0:36:14.200 --> 0:36:15.839 I'm not a lawyer, but I can see what he's 0:36:15.880 --> 0:36:18.120 doing right here, and it'll turn into it. I told 0:36:18.160 --> 0:36:20.399 you so a moment. It'll you know, if you see 0:36:20.480 --> 0:36:23.440 this as a canard and a whole political cover for 0:36:23.560 --> 0:36:27.040 AFTABS administration, then you're totally buying in this and that's 0:36:27.080 --> 0:36:27.319 the goal. 0:36:27.360 --> 0:36:27.480 Here. 0:36:27.520 --> 0:36:29.239 We got to get a news update in Scott's loan 0:36:29.280 --> 0:36:32.000 showed returns afterwards here on the home of the Reds 0:36:32.360 --> 0:36:34.320 seven hundred WLW Cincinnati. 0:36:34.400 --> 0:36:35.959 Do you want to be an American? 0:36:36.840 --> 0:36:39.680 Well, Cincinnati does not have a dog in the hunt 0:36:39.880 --> 0:36:42.040 for the first on a long time. We kind of 0:36:42.040 --> 0:36:45.360 adopted Miami. But and then of course there's other regional 0:36:45.440 --> 0:36:47.640 teams to root for. But it's not going to stop 0:36:47.680 --> 0:36:49.960 you from putting some money down in March mad and 0:36:50.000 --> 0:36:52.040 it's of course tipping off just a few days away. 0:36:52.040 --> 0:36:53.680 And if you're planning to have some skin in the game, 0:36:53.719 --> 0:36:56.560 there things you need to know for you bet specifically 0:36:56.760 --> 0:36:59.640 online in that version of namely, what to do if 0:36:59.680 --> 0:37:02.560 the stops feeling like fun and you don't want to 0:37:02.600 --> 0:37:04.160 get in over your head because it's a real deal 0:37:04.239 --> 0:37:06.600 this time of year. And our partners at DraftKings, it's 0:37:06.640 --> 0:37:08.680 Lauria Klane's on the show this morning to talk about 0:37:08.680 --> 0:37:10.520 responsible gaming on the show. Welcome Laurie. 0:37:10.520 --> 0:37:13.520 How are you? I'm great? Thanks for having me. 0:37:13.680 --> 0:37:17.560 Yeah, So walk us through these specific tools that online 0:37:17.600 --> 0:37:20.200 pores like yourself and DraftKings makes available to every customer. 0:37:20.800 --> 0:37:22.480 There are limits to what you can do and their 0:37:22.600 --> 0:37:26.600 self exclusion and timeouts, and what can a player actually 0:37:26.640 --> 0:37:28.200 do if they want to put guardrails up for their 0:37:28.200 --> 0:37:28.720 own behavior. 0:37:30.120 --> 0:37:33.560 Yeah, I'm happy to thanks for the opportunity. We have 0:37:33.719 --> 0:37:37.560 a complete responsible gaming center that's got all kinds of resources. 0:37:37.600 --> 0:37:40.840 I mean, first and foremost, we have resources there that 0:37:41.080 --> 0:37:45.160 explain the very basics of gambling for people who are, 0:37:45.400 --> 0:37:48.000 you know, their first time to the app, So bank 0:37:48.160 --> 0:37:51.360 roll you know, how to have units of bet and 0:37:51.480 --> 0:37:56.960 then and then we have limits on deposits. We have 0:37:57.120 --> 0:38:00.520 limits on wagers, time spent on the app. App, you 0:38:00.640 --> 0:38:05.120 can limit your losses. You can you know, set all 0:38:05.239 --> 0:38:08.000 kinds of different limits. You can set check in reminders, 0:38:08.800 --> 0:38:12.400 and as you mentioned, our customers can also of course 0:38:13.160 --> 0:38:16.120 choose to cool off for you know, a set period 0:38:16.200 --> 0:38:19.239 of time, or even self exclude if they're not comfortable 0:38:19.360 --> 0:38:23.120 with their play and you know how they're feeling about 0:38:23.160 --> 0:38:23.479 the app. 0:38:23.560 --> 0:38:24.920 But by and large, we. 0:38:25.040 --> 0:38:29.239 Really offer everything there. We have something called Gambaalize. It's 0:38:29.440 --> 0:38:32.240 a card game to sort of assess your risk level. 0:38:32.400 --> 0:38:35.720 So it's it's really a whole center meant to offer 0:38:36.200 --> 0:38:39.840 you know, resources and as you said, limits and ways 0:38:39.960 --> 0:38:43.600 to make sure that you're staining control and having fun. 0:38:43.840 --> 0:38:44.040 Yeah. 0:38:44.080 --> 0:38:46.239 So it's a predictive thing that tells you, hey, you 0:38:46.400 --> 0:38:48.719 might be someone who's inclined to bet more than they 0:38:48.800 --> 0:38:50.800 have and you don't want to fall down that that 0:38:51.200 --> 0:38:53.719 whole and that's a great thing using technology be able 0:38:53.719 --> 0:38:56.960 to leverage that because i mean put in perspective her 0:38:57.000 --> 0:38:59.279 March Madness is huge. It is the betting event of 0:38:59.320 --> 0:39:01.080 the year. And for you guys at DraftKings, in terms 0:39:01.080 --> 0:39:04.080 of new customer activity, I'm sure you see a spike 0:39:04.280 --> 0:39:08.400 in the number of new participants and users and that 0:39:08.560 --> 0:39:11.560 interest changes. Does that change how you approach responsible gaming? 0:39:13.640 --> 0:39:16.520 So we for every customer who opens a new account, 0:39:16.960 --> 0:39:22.160 we immediately before the account is even finalized and opened, 0:39:22.280 --> 0:39:26.239 we're introducing our responsible Gaming Center and making sure that 0:39:26.360 --> 0:39:28.480 people know it's there and asking them if they'd like 0:39:28.560 --> 0:39:30.840 to go set limits. And not everybody does that. So 0:39:31.840 --> 0:39:37.520 we follow up with emails regularly to our customers reminding 0:39:37.600 --> 0:39:41.239 them about the various tools and resources that we have available. 0:39:41.600 --> 0:39:44.839 And then when somebody's actually on the app, let's say 0:39:44.880 --> 0:39:47.880 they've spent a whole lot of time, you know, hours 0:39:47.960 --> 0:39:51.000 on the app, will send them reminders and really try 0:39:51.040 --> 0:39:54.400 to engage to you know, give them a moment to reflect. 0:39:55.320 --> 0:39:58.440 Gotcha, are of those tools easy to find? You have 0:39:58.520 --> 0:40:00.839 to dig for them. How do you you know, other 0:40:00.920 --> 0:40:03.160 than come out of the show and talking about this, Laurie, 0:40:03.200 --> 0:40:05.360 how do they people know that they actually exist and 0:40:05.400 --> 0:40:06.960 where to get them? They're pretty easy to locate. 0:40:08.040 --> 0:40:11.840 Yeah, that's a great question, Scott. So on every screen 0:40:11.960 --> 0:40:14.600 of our app or if you're if somebody's on the web, 0:40:15.160 --> 0:40:17.480 on the right hand corner at the top, there's a 0:40:17.520 --> 0:40:21.040 little RG shield and it just takes one button to 0:40:21.120 --> 0:40:23.960 get to the Responsible Gaming Center. And then I'd say 0:40:24.160 --> 0:40:27.960 even for people who are not currently a DraftKings customer, 0:40:28.080 --> 0:40:31.360 let's say they are, you know, thinking about becoming a customer, 0:40:31.480 --> 0:40:35.840 they can go to RG dot DraftKings dot com and 0:40:36.040 --> 0:40:39.520 see everything that's available in the Responsible Gaming Center. So, 0:40:39.680 --> 0:40:41.919 you know, I tell everyone I know, whether they place 0:40:42.000 --> 0:40:44.759 a bet or not, they probably know somebody who does. 0:40:45.440 --> 0:40:48.040 And you know, sometimes people don't want to listen to me. 0:40:48.120 --> 0:40:50.080 They want to listen to their friends or relatives. So 0:40:50.239 --> 0:40:52.640 I encourage everybody to take a look at that it's 0:40:52.760 --> 0:40:56.120 RG dot DraftKings dot com and they can see the 0:40:56.239 --> 0:40:58.760 suite of tools and resources that we have available. 0:40:58.880 --> 0:41:01.239 Oh the cold thing is it predictive? You said card 0:41:01.320 --> 0:41:03.279 game on there, Lorie, that you can if you're like, ah, 0:41:03.360 --> 0:41:05.040 this is the first time I've bet, And there's a 0:41:05.080 --> 0:41:07.080 lot of people logging on and getting an account for 0:41:07.120 --> 0:41:09.520 the first time listening with march Madness here. It's a 0:41:09.640 --> 0:41:12.520 huge betting opportunity for folks. And yeah, maybe you fill 0:41:12.560 --> 0:41:14.399 out a bracket at work, that's a little different. A couple, 0:41:14.560 --> 0:41:16.120 you know, ten bucks here or there isn't going to 0:41:16.680 --> 0:41:19.880 force anyone into bankruptcy. But you know, we've seen cases 0:41:19.920 --> 0:41:22.319 where people do abuse it, and it's a great way 0:41:22.400 --> 0:41:24.320 to predict if you might be of you know, have 0:41:24.440 --> 0:41:27.000 that vulnerability. And I think it's a really responsible thing 0:41:27.080 --> 0:41:28.800 you do there. And I know you guys do this, 0:41:28.880 --> 0:41:31.520 but but other gaming platforms do as well too. You 0:41:31.600 --> 0:41:34.520 also work with state gaming regulators too. Is there a 0:41:34.600 --> 0:41:37.920 baseline of responsible gaming tools that every legal operator like 0:41:37.960 --> 0:41:40.759 yourselves at DraftKings are required to provide? And do you 0:41:40.840 --> 0:41:42.360 do you just meet that or you go above it? 0:41:43.880 --> 0:41:47.080 Yeah, it's another great sky. You're a man of great questions. 0:41:48.400 --> 0:41:50.120 Yeah, that's what they paid me very little to do. 0:41:51.400 --> 0:41:51.560 Well. 0:41:51.680 --> 0:41:53.600 Yeah, well, I'm going to put you in for I 0:41:53.640 --> 0:41:54.120 make all my. 0:41:54.160 --> 0:41:54.960 Money in draftings. 0:41:55.000 --> 0:41:58.279 There you go, there you get, and I hope you're 0:41:58.360 --> 0:42:04.319 using the tools. So now I forgot the question. Tell 0:42:04.320 --> 0:42:04.799 me the question. 0:42:04.960 --> 0:42:08.400 Okay, here's the question again. It's Lori Kalin. She's with DraftKings. 0:42:08.440 --> 0:42:11.960 We're talking with March madness here being that time of 0:42:12.040 --> 0:42:13.359 year where a lot of people are going to get 0:42:13.400 --> 0:42:15.080 on and bet for the first time, and maybe you 0:42:15.320 --> 0:42:18.960 are a loved one. The element of state gaming regulation, 0:42:19.080 --> 0:42:21.080 do you meet or exceed what the state of Ohio, 0:42:21.280 --> 0:42:23.320 the Commonwealth of Kentucky, or the state of Indiana, or 0:42:23.320 --> 0:42:26.440 anyone listening for that matter, that their state set. I'm 0:42:26.440 --> 0:42:28.080 sure there's a minimum bar there. Do you guys go 0:42:28.120 --> 0:42:28.440 above that? 0:42:29.640 --> 0:42:31.640 Yes, thank you, thanks for the repeat. 0:42:31.960 --> 0:42:32.160 Yes. 0:42:32.360 --> 0:42:37.040 Absolutely. Most states, I'd say the vast majority of them, 0:42:37.160 --> 0:42:40.760 require that we have the opportunity for somebody to self exclude, 0:42:40.800 --> 0:42:44.160 which is entirely block themselves from our app And then 0:42:44.480 --> 0:42:48.719 i'd say the standard RG or responsible gaming limits that 0:42:48.800 --> 0:42:53.080 were required to have are on deposits and also on time. 0:42:53.320 --> 0:42:56.200 But we go far above and beyond that. I mean, 0:42:56.280 --> 0:43:01.040 we have, as you mentioned, we have the gammaized game. 0:43:01.200 --> 0:43:05.279 We have information on smart bedding. We have something called 0:43:05.320 --> 0:43:07.480 my stat Sheet we're super proud of. It's about a 0:43:07.560 --> 0:43:10.759 two year old tool that we built, and that's a 0:43:10.880 --> 0:43:15.880 personalized dashboard where everybody who's on draftings can see all 0:43:15.960 --> 0:43:18.640 of their activity over the last thirty days, over the 0:43:18.760 --> 0:43:22.400 last years, since the lifetime of their accounts. I had 0:43:22.440 --> 0:43:24.840 no idea that we go above and beyond. Yes, this 0:43:25.040 --> 0:43:26.919 is my full time job, and we have a whole 0:43:26.960 --> 0:43:29.359 team of people that work on this all day, every day, 0:43:29.920 --> 0:43:33.000 and we're trying to be the best, and you know, 0:43:33.160 --> 0:43:35.520 give all of our customers various options. 0:43:35.680 --> 0:43:38.319 You talked to other radio shows, TV, you do all 0:43:38.400 --> 0:43:41.400 those things, and you're on presumably with my colleagues here 0:43:41.440 --> 0:43:44.279 in Cincinnati and iHeart stations. If I'm asking the last 0:43:44.280 --> 0:43:46.719 two questions, as you said, are excellent questions. What level 0:43:46.760 --> 0:43:49.680 of stupid are my colleagues? What kind of dumb questions 0:43:49.680 --> 0:43:50.320 are I asking you? 0:43:52.120 --> 0:43:54.600 They're all great? I mean the people in Ohio. 0:43:54.719 --> 0:43:56.880 No, no, no, no, no, my colleagues are people in 0:43:57.040 --> 0:43:59.840 radio are largely dumb. Lord, you need to know this defect. 0:44:00.120 --> 0:44:03.359 We do your job. We are stupid, self loathing people. 0:44:03.480 --> 0:44:05.680 You know this right, People in the radio were. 0:44:05.560 --> 0:44:08.919 Not the brightest, no, but you're the best looking. 0:44:11.640 --> 0:44:14.280 So what happens when you flag a customer who's potentially 0:44:14.280 --> 0:44:16.480 at risk. Let's say I do this card game like 0:44:17.000 --> 0:44:18.680 I'll be fine, and they go in and all of 0:44:18.719 --> 0:44:21.160 a sudden, what do you have like behind the scenes? 0:44:21.200 --> 0:44:23.359 Are there triggers? Do you get like alerts saying, hey, 0:44:23.400 --> 0:44:26.239 Scott's loan's account here in Cincinnati, there may be something 0:44:26.320 --> 0:44:28.160 going on. How do you know that there they could 0:44:28.200 --> 0:44:29.160 be abusing it? 0:44:30.480 --> 0:44:33.640 Yeah, we have. We have systems that are first of all, 0:44:33.760 --> 0:44:37.320 monitoring all written communications. So if somebody's making a statement 0:44:37.440 --> 0:44:40.759 that would indicate that they may be in distress, we 0:44:40.920 --> 0:44:45.280 are flagging those accounts and interacting and engaging with those customers. 0:44:45.440 --> 0:44:48.480 But then we also have systems in the background that 0:44:48.560 --> 0:44:51.359 are looking at the time somebody spends on the app 0:44:51.560 --> 0:44:56.279 or even you know, frequency of deposits. So they're very 0:44:56.320 --> 0:45:01.440 smart systems, and we send in app messages to those 0:45:01.520 --> 0:45:04.680 people and you know, those can escalate over time, and 0:45:05.360 --> 0:45:08.640 in many cases we will manually review accounts when we 0:45:08.760 --> 0:45:11.920 think there's potentially some issue going on there. But by 0:45:12.000 --> 0:45:16.200 and large, we really find that educating people and the 0:45:16.320 --> 0:45:19.920 people who are customers who are stay informed and are 0:45:20.000 --> 0:45:23.319 self aware are able to use our tools and really 0:45:23.440 --> 0:45:25.080 keep it fun. Because at the end of the day, 0:45:25.239 --> 0:45:27.920 if somebody's out of control, they're not having fun. And 0:45:28.080 --> 0:45:30.879 we are an entertainment company and you know, we want 0:45:30.960 --> 0:45:34.280 everybody to have fun. So everybody's got a different budget, 0:45:34.400 --> 0:45:36.920 but we've got something for everybody. 0:45:38.320 --> 0:45:42.880 Obviously, Graftkings, you're a for profit company, so there's tension there. Right, 0:45:42.960 --> 0:45:45.120 you have to make money, but at the same time 0:45:45.200 --> 0:45:48.560 you have to keep customers engaged with responsibility and telling 0:45:48.560 --> 0:45:51.160 them the slow down or stop, which is counterintuitive to 0:45:51.239 --> 0:45:52.520 the profit margin. How do you bounce it? 0:45:54.320 --> 0:45:57.520 Well, it's about sustaining a customer, right. We spend a 0:45:57.600 --> 0:46:00.759 lot of money and effort trying to bring customers. Do 0:46:01.000 --> 0:46:03.520 the DraftKings app. There's lots of competition out there, and 0:46:03.680 --> 0:46:06.440 we don't want to lose our customers. We want them 0:46:06.480 --> 0:46:08.160 to have fun. And like I said to me, it's 0:46:08.200 --> 0:46:11.440 a really simple formula. If somebody is out of control, 0:46:11.960 --> 0:46:14.719 then they're not going. Then they're going to self exclude, 0:46:14.880 --> 0:46:16.600 or they're going to have a bad experience and never 0:46:16.719 --> 0:46:19.319 come back. So this is, you know, the long game, 0:46:19.600 --> 0:46:22.240 and we want customers to spend what they can afford. 0:46:22.320 --> 0:46:25.440 We know that everybody has an entertainment budget, and if 0:46:25.520 --> 0:46:28.800 Scott Sloan has decided he wants to spend his entertainment 0:46:28.920 --> 0:46:31.759 money on, you know, having some skin in the game, 0:46:31.880 --> 0:46:34.239 we want you to spend it with us. And that's 0:46:34.280 --> 0:46:36.000 all there is to it. And you know we want 0:46:36.040 --> 0:46:37.080 lots of happy customers. 0:46:37.160 --> 0:46:37.880 Yeah, ba, I get it. 0:46:38.040 --> 0:46:39.600 I don't really see attention there. 0:46:39.800 --> 0:46:42.759 Yeah. And I know people personally who have got in 0:46:42.840 --> 0:46:44.879 with the you know, in college, because we know younger 0:46:44.920 --> 0:46:47.920 people get into March Madness a lot, not exclusively, of course, 0:46:47.960 --> 0:46:49.600 it's a younger audience. I know people have gotten into 0:46:49.600 --> 0:46:52.560 trouble doing this before, so it's a responsible thing to do. 0:46:52.840 --> 0:46:55.280 And you know, we have college athletes now themselves prohibited 0:46:55.320 --> 0:46:57.239 for betting and some may How do you how do 0:46:57.280 --> 0:46:59.600 you approach age verification make sure it's not become a 0:46:59.640 --> 0:47:03.080 platform for underage gambling, because I know that this coincides 0:47:03.200 --> 0:47:06.160 with a bill out of California right now called the 0:47:06.280 --> 0:47:08.680 Protecting Our Kids from Gambling Addiction Act, which is a 0:47:08.719 --> 0:47:12.320 long name, but it prohibit online gaming operators like yourself 0:47:12.360 --> 0:47:16.240 at DraftKings in predictive market platforms from providing gambling services 0:47:16.280 --> 0:47:20.319 to minors or advertising. And you know again, I think 0:47:20.320 --> 0:47:22.000 a parent gives a kid a credit card, they got 0:47:22.120 --> 0:47:24.360 to monitor what the kids spending the money on because 0:47:24.800 --> 0:47:26.440 able to see it right there. I think there's a 0:47:26.480 --> 0:47:29.200 lot of parental accountability goes by the wayside when lawmakers 0:47:29.239 --> 0:47:31.239 get involved. But how do you balance that out with 0:47:31.280 --> 0:47:33.440 a younger audience and young people getting involved? 0:47:34.719 --> 0:47:37.640 Yeah, we have zero tolerance. I have zero tolerance for 0:47:37.760 --> 0:47:41.400 anybody under age on this platform. I mean betting is 0:47:41.480 --> 0:47:44.839 an adult form of entertainment and there is no place 0:47:44.920 --> 0:47:47.600 for people that are underage. And so we start with, 0:47:47.800 --> 0:47:52.720 you know, very strict verification of you know, every person 0:47:52.760 --> 0:47:56.200 who opens an account, right so it's kyc. We use 0:47:56.239 --> 0:48:00.960 the same vendors that the financial institutions use. But as 0:48:01.040 --> 0:48:04.840 in your example, if you know, Scott's mother gives her 0:48:04.920 --> 0:48:07.080 seventeen year old to credit card and opens an account 0:48:07.120 --> 0:48:10.040 in her name, that's a violation of our terms. But 0:48:10.160 --> 0:48:13.799 our systems are very smart and so oftentimes I can't 0:48:13.840 --> 0:48:16.879 tell you exactly how it happens, but our systems will 0:48:17.040 --> 0:48:21.160 identify when there's somebody underage that we believe is playing 0:48:21.239 --> 0:48:24.080 on someone else's account, and in those cases, we block 0:48:24.160 --> 0:48:27.719 the account and we reach out and verify who it 0:48:27.880 --> 0:48:30.600 is that's actually placing those bests. I mean, in most 0:48:30.719 --> 0:48:33.040 jurisdictions that I'm aware of, it's a violation of not 0:48:33.160 --> 0:48:35.600 only our terms of service, it's a violation of the law. 0:48:35.760 --> 0:48:37.920 And you know, I grew up in Las Vegas, right, 0:48:38.160 --> 0:48:40.680 so I've been around gambling my entire life, and I 0:48:41.560 --> 0:48:44.960 start from a place where you know, there's an age 0:48:45.040 --> 0:48:48.640 for gambling, and there's you know, underage and we have 0:48:48.800 --> 0:48:51.759 no place for that on our app. And unfortunately, there 0:48:51.800 --> 0:48:55.040 are social media sites and there are illegal sites that 0:48:55.120 --> 0:48:58.840 are marketing to teenagers and it's really it's terrible. And 0:48:58.960 --> 0:49:00.879 if I had a bad i'd go out and shut 0:49:00.920 --> 0:49:01.720 them down myself. 0:49:02.360 --> 0:49:04.760 Yeah, And unfortunately, I mean, you could do age verification, 0:49:04.920 --> 0:49:07.080 I think for a lot of things Pornographer example, because 0:49:07.120 --> 0:49:09.320 it's largely free. But in order to engage in what 0:49:09.360 --> 0:49:11.720 we're talking about here, and that is march madness and gambling, 0:49:11.760 --> 0:49:15.000 and specifically on a platform like DraftKings Man, You've got 0:49:15.120 --> 0:49:16.840 to go through a lot of steps to pretend that 0:49:17.640 --> 0:49:19.200 I mean, you guys are looking for. What I'm saying 0:49:19.280 --> 0:49:22.480 is I don't know a ten, twelve, fourteen year old 0:49:22.560 --> 0:49:25.080 that can have it our own credit card if that's 0:49:25.120 --> 0:49:27.279 what we're concerned about without the parents' knowledge, and if 0:49:27.280 --> 0:49:29.040 the parents get my card and don't bother the check 0:49:29.080 --> 0:49:31.359 where they're spending their money, I don't know how that's 0:49:31.400 --> 0:49:35.880 on any operator like yourselves, on any platform or predictive markets. 0:49:35.880 --> 0:49:38.799 Another big one too that's coming out that do things 0:49:38.840 --> 0:49:41.800 besides sports. That's outside of your scope obviously Lorid Klanney 0:49:42.040 --> 0:49:44.480 at DraftKings, but I think it applies is that, like, 0:49:44.800 --> 0:49:47.440 you know, we can put all these measures in place, 0:49:47.520 --> 0:49:49.880 but it's a partnership. Mom and dad have to be 0:49:49.920 --> 0:49:51.200 actively involved in this as well. 0:49:52.800 --> 0:49:56.719 Yeah, I completely agree, And you know that's why I 0:49:57.320 --> 0:49:59.440 go on TV and I go on the radio and 0:49:59.560 --> 0:50:02.439 I say, I want everybody to go to RG dot 0:50:02.560 --> 0:50:05.960 DraftKings dot com, even if you're never planning to have 0:50:06.080 --> 0:50:09.359 a DraftKings account or place a wager on a game, 0:50:09.480 --> 0:50:13.560 because everybody I talk to knows somebody who does. And 0:50:13.760 --> 0:50:17.440 so the more we as a society are talking about this, 0:50:17.640 --> 0:50:20.080 it's you know, it's like taking an uber when you 0:50:20.239 --> 0:50:23.040 go out to dinner. You don't necessarily think you're going 0:50:23.160 --> 0:50:25.279 to have one too many to drink, but you take 0:50:25.320 --> 0:50:28.400 it anyway because you're responsible. Right, So if you know, 0:50:28.719 --> 0:50:31.440 my goal is to have everybody use the tools that 0:50:31.600 --> 0:50:34.480 we've built, will continue to innovate. We're going to make 0:50:34.520 --> 0:50:37.279 them better, smarter. I mean, they're great right now. We're 0:50:37.520 --> 0:50:40.160 like the top rated RG program in the country. But 0:50:40.760 --> 0:50:42.839 you know we're gonna we're not stopping. I have an 0:50:43.040 --> 0:50:45.719 entire team that works on this night and day, and 0:50:46.760 --> 0:50:49.560 we're gonna, you know, keep pounding the drum here. 0:50:49.840 --> 0:50:51.960 And uh, it sounds like it's part and part of 0:50:52.000 --> 0:50:54.520 the corporate the corporate DNA as opposed to just say 0:50:54.600 --> 0:50:56.440 we got to check a box here, which, hey, if 0:50:56.440 --> 0:50:58.560 you're a paarent, you're going, okay, that's that's that's really good. 0:50:58.600 --> 0:51:00.879 That's why I like DraftKings one of the many reasons why. 0:51:01.000 --> 0:51:03.600 But I'm looking at and I'm looking at this case 0:51:03.640 --> 0:51:07.239 out of California that says that you, guys and other 0:51:07.280 --> 0:51:10.520 provide predictive gambling companies are running the big tobacco playbook. 0:51:10.520 --> 0:51:12.719 They're targeting kids, hooking them young, and betting they'll become 0:51:12.800 --> 0:51:16.600 lifelong customers. Their reach. Research says more than a third 0:51:16.600 --> 0:51:19.600 of boys ages eleven to seventeen already gambling, and most 0:51:19.600 --> 0:51:21.440 of them didn't go looking for it, it found them. Well, 0:51:21.520 --> 0:51:24.160 that's social media, that's advertising, and that's the algorithm. But 0:51:25.040 --> 0:51:26.880 I want to know what eleven year old has access 0:51:26.920 --> 0:51:29.400 to a credit card because generally you can't secure a 0:51:29.760 --> 0:51:33.640 credit card at that age. So I think I put it. 0:51:33.760 --> 0:51:36.319 But you know it's again it's California, and then they're 0:51:36.360 --> 0:51:38.960 looking for reasons to go after big companies. I understand that, 0:51:39.120 --> 0:51:41.120 but I think it's kind of a baseless suit or 0:51:41.120 --> 0:51:44.000 a baseless cause myself. If you're doing all these things 0:51:44.080 --> 0:51:45.680 to try and weed that out, you can only do 0:51:45.800 --> 0:51:48.120 so much in order to do that, and sounds like 0:51:48.160 --> 0:51:50.440 you're doing way above that. She is a Lori Kalani 0:51:50.440 --> 0:51:53.000 at DraftKings. Thanks for come on the show this March 0:51:53.080 --> 0:51:55.360 Madness season and laying it out. If this is you 0:51:55.480 --> 0:51:57.080 and you're like, I didn't know this stuff was out there, 0:51:57.120 --> 0:51:58.719 and maybe you're gonna dip a tel Win or you're 0:51:58.719 --> 0:52:01.879 having a friend, family member, maybe something like that, I'll 0:52:01.920 --> 0:52:04.160 point them in that direction and there's some tools in 0:52:04.200 --> 0:52:05.640 there that can help to make sure that they're not 0:52:05.719 --> 0:52:07.520 betting over their head. Laurie all the best. Thanks for 0:52:07.600 --> 0:52:09.920 jumping on this morning, and I apologize for my colleagues. 0:52:12.000 --> 0:52:13.920 Thanks so much, Scott, have a good day, have. 0:52:13.960 --> 0:52:15.400 A great day. Thank you. We got to get a 0:52:15.440 --> 0:52:19.560 news update in on seven hundred WW in just minutes. 0:52:19.560 --> 0:52:21.320 It was a nightmare this morning driving in, wasn't it. 0:52:21.480 --> 0:52:23.759 I got bogged down by the seventy one shut down. 0:52:23.800 --> 0:52:26.400 You may have got seventy five ornything else And hopefully 0:52:26.480 --> 0:52:28.080 this is it because it looks like it's going to 0:52:28.120 --> 0:52:31.160 warm up here, not maybe tomorrow again. We have some 0:52:31.280 --> 0:52:34.560 light snow tomorrow, but back up to forty five eventually, 0:52:35.040 --> 0:52:37.560 and then we look nice and warm starting on Thursday 0:52:37.640 --> 0:52:40.560 and moving back into what the temperature should feel like 0:52:41.040 --> 0:52:45.080 this time of year. News update happens next, and more 0:52:45.120 --> 0:52:47.319 to follow, including I beg I've been doing some good 0:52:47.400 --> 0:52:50.520 toilet thinking here lately about this straight of horror moves problem. 0:52:51.120 --> 0:52:53.040 I think I might have a solution for you, or 0:52:53.160 --> 0:52:56.080 maybe it's just more stupidity coming up next seven hundred WW. 0:52:58.040 --> 0:53:03.680 Scott Sloan shows seven hundred Happy, Happy, and hate. Try 0:53:03.760 --> 0:53:06.280 that again three two on Scott Flowing seven hundred WWW. 0:53:07.239 --> 0:53:09.760 Happy Saint Patrick's Day, even though it's a racist holiday. 0:53:10.880 --> 0:53:12.759 I got into that after nine thirty. I don't want 0:53:12.760 --> 0:53:15.759 to go back into that well. But keep seeing everybody 0:53:15.840 --> 0:53:17.560 on the news is wearing their green hats and the 0:53:17.600 --> 0:53:21.360 green tin, green green granite. Where are the cultural misappropriations 0:53:21.440 --> 0:53:25.080 idiots on Saint Patrick's Day? I ask you, the same 0:53:25.120 --> 0:53:30.200 people that complained about the cultural misappropriation of Sinco de Mayo, 0:53:31.480 --> 0:53:35.600 the same people who canceled Columbus Day, not offended at 0:53:35.600 --> 0:53:40.719 all by by little people in green suits. It's it's 0:53:40.760 --> 0:53:43.640 the funniest damn thing to show you just how insincere 0:53:43.680 --> 0:53:46.520 they are. At least, if anything, I am consistent. I 0:53:46.640 --> 0:53:49.520 try to be consistent, try to be consistent. So I 0:53:49.600 --> 0:53:53.239 did some really good research yesterday. I was on the 0:53:53.320 --> 0:53:56.279 toilet and just kind of got down a rabbit hole 0:53:57.520 --> 0:53:59.160 and I'm thinking, all right, we got these straight. And 0:53:59.200 --> 0:54:01.360 foremost here's the problem. We need cheap oil. Right for 0:54:01.480 --> 0:54:02.960 us to do what we do in America, we need 0:54:03.040 --> 0:54:05.920 cheap oil. We need all to be almost free, like bucket. 0:54:06.000 --> 0:54:08.880 Gal'd be great. COVID. That was the one good thing 0:54:08.920 --> 0:54:12.600 about COVID. No one was driving. I had to show 0:54:12.640 --> 0:54:14.160 to work if you had to work during COVID, And 0:54:14.280 --> 0:54:17.080 actually report to office like I did before I figured 0:54:17.080 --> 0:54:19.120 it out, working from home. It was like a car 0:54:19.239 --> 0:54:22.520 commercial was a car commercially. They got the road to myself. 0:54:22.640 --> 0:54:25.520 No one's on these streets. I'm in a major metropolitanaria 0:54:25.960 --> 0:54:28.279 and the only car in the road just happens, even 0:54:28.280 --> 0:54:30.000 to this brand new model we're trying to sell you 0:54:30.600 --> 0:54:33.800 and that people look happy and smug, and it's amazing. 0:54:34.160 --> 0:54:36.440 It's absolute unless you're, you know, going off road, and 0:54:36.520 --> 0:54:39.239 then you're climbing a mountain tone of I don't know, 0:54:39.360 --> 0:54:42.040 some sort of ingot like I don't know the middle 0:54:42.080 --> 0:54:45.000 of the sphere in Las Vegas or something. You're tone 0:54:45.080 --> 0:54:47.560 up a hill. But I digress, as I usually do. 0:54:48.560 --> 0:54:51.800 So we need cheap oil, and Iran has effectively closed 0:54:51.840 --> 0:54:54.480 the straight up our moves. So we got a thousand 0:54:54.520 --> 0:54:56.439 plus cargo ships and the ones that move are getting 0:54:56.480 --> 0:54:58.240 bombed the hell out. Now we're trying to get allies 0:54:58.239 --> 0:55:00.880 on our side to escort these things. You know, all 0:55:00.920 --> 0:55:02.560 you need is one drone to get through with a bomb, 0:55:02.600 --> 0:55:04.560 and it's over where do you Some tankers go up 0:55:04.560 --> 0:55:06.919 in flames, and of course this is what is driving 0:55:07.000 --> 0:55:10.560 up the cost of fuel. So Iran is attacking ships. 0:55:10.560 --> 0:55:14.319 They're laying mines in the Strait. And the Strait, by 0:55:14.320 --> 0:55:16.400 the way, and you probably have already heard, this carries 0:55:16.440 --> 0:55:19.520 a quarter of the world's liquid national gas. It's called 0:55:19.719 --> 0:55:24.560 LNG liquid natural gas. And at the narrowest point, and 0:55:24.640 --> 0:55:27.200 that would be the Strait, it's about twenty one nautical 0:55:27.280 --> 0:55:29.799 miles wide. At its narrowest it's pretty it's about thirty miles, 0:55:29.840 --> 0:55:32.399 so it's really really narrow. And this is the choke 0:55:32.480 --> 0:55:34.720 point then, where Iran can launch stuff at these ships 0:55:34.800 --> 0:55:37.239 and essentially close it. And so how do you work 0:55:37.280 --> 0:55:39.640 around that one mask It's like, okay, well that's the problem. 0:55:40.320 --> 0:55:43.359 Geology is the problem. How do we fix that? How 0:55:43.440 --> 0:55:46.120 do we fix it? Because reopening it is pretty hard. 0:55:46.120 --> 0:55:49.040 They've got small fast boats that are abusings for mine laying, 0:55:49.600 --> 0:55:51.840 and it's harder to counter than large naval forces. So 0:55:51.920 --> 0:55:54.320 the little boats are doing the mine dropping. And that 0:55:54.440 --> 0:55:56.440 transit lane is, you know, three four miles from the 0:55:56.480 --> 0:55:59.799 Iranian shore, and if you're a ship, a cargo ship 0:56:00.160 --> 0:56:03.319 or a tanker, you have what I'm told, less than 0:56:03.360 --> 0:56:05.799 two minutes to react to drone missile attacks. Not very 0:56:06.040 --> 0:56:09.160 big ship like that. It's awfully difficult to pivot. And 0:56:09.360 --> 0:56:11.560 you know, they use a remote controlled explosive boat to 0:56:11.600 --> 0:56:15.520 damage a tanker in Iraqi waters. And that's why we think, well, 0:56:15.560 --> 0:56:17.560 we may need a ground operation and secure the coast. 0:56:17.600 --> 0:56:18.920 And the last thing we want to do is put 0:56:18.960 --> 0:56:22.520 boots on the ground. The last thing we don't want 0:56:22.560 --> 0:56:24.200 to I shouldn't say the last thing. It's the thing 0:56:24.280 --> 0:56:26.319 we don't want to do at all, is put boots 0:56:26.360 --> 0:56:29.600 on the ground in Iran. Now, Trump called for an 0:56:29.640 --> 0:56:32.600 international naval task force, and there's reluctant to do that 0:56:32.680 --> 0:56:34.640 because you know, China is like, hey, no comment, nothing 0:56:34.680 --> 0:56:38.480 to see here, Japan doesn't have any plans, Germany is out, 0:56:38.560 --> 0:56:43.480 Australia is out, France is I think they don't want 0:56:43.480 --> 0:56:46.640 to escalate things. I think they already surrendered. And the 0:56:46.760 --> 0:56:49.600 UK may send some mine hunters, but we don't really 0:56:49.640 --> 0:56:51.640 want to send ships, they said, So we're like, hey, 0:56:51.680 --> 0:56:54.960 good luck with us, good luck with us. So the 0:56:55.080 --> 0:56:58.360 idea I had with was on the tone is what 0:56:58.440 --> 0:57:01.760 we did in Panama. So Panama, I have the Panama Canal, 0:57:01.840 --> 0:57:04.960 and that was what about fifty miles And we did 0:57:05.040 --> 0:57:09.680 that because largely because we wanted Rubber to come up 0:57:09.680 --> 0:57:12.439 from Panama so we can make card tires, Henry Ford. 0:57:15.160 --> 0:57:16.880 But it worked right, and we still have the Panama 0:57:16.960 --> 0:57:19.160 Canal today. I know we gave it back and Trump 0:57:19.280 --> 0:57:21.920 is thinking about we're sending that order that Carter did. 0:57:22.000 --> 0:57:24.560 But nonetheless we got this. What if we did a 0:57:24.720 --> 0:57:29.600 canal through that, Well, it's a peninsula. Just cut off 0:57:29.640 --> 0:57:32.000 the tip and that sounds very painful, I know, guys, 0:57:32.080 --> 0:57:33.840 but just cut off the tip a little bit there. 0:57:34.840 --> 0:57:37.160 And so it's so if you look at and I 0:57:37.200 --> 0:57:39.560 looked at Google or say, okay, how populated is it? 0:57:39.840 --> 0:57:44.160 There's some pockets that are because I mean, you know, 0:57:44.720 --> 0:57:48.400 Dubai's right there, and it's also the UA, but it's 0:57:48.400 --> 0:57:50.520 also a Mon, and a Mon really wants to be 0:57:50.560 --> 0:57:52.680 Switzerland there. Like we we're not the pick inside here. 0:57:52.720 --> 0:57:54.080 We're too small to them. As we don't want to 0:57:54.200 --> 0:57:56.040 mess anybody off. We're gonna just we're gonna sit here 0:57:56.080 --> 0:58:00.160 and make our oil money and be quiet. But if 0:58:00.160 --> 0:58:02.160 you went through those two countries, you could bypass that 0:58:02.280 --> 0:58:06.440 choke point entirely correct. And then what happens then if 0:58:06.720 --> 0:58:09.680 Iran really wants to continue doing what they do for 0:58:09.840 --> 0:58:12.880 years to come, it's gonna be awfully difficult because now 0:58:12.920 --> 0:58:15.080 they would be outside their territorial waters in order to 0:58:15.160 --> 0:58:16.920 do that, and be much more difficult for them to 0:58:16.960 --> 0:58:19.880 shut that down. Not saying it's impossible, but I'd be 0:58:19.920 --> 0:58:22.480 pretty close, depending on how deeply you cut in that peninsula. 0:58:22.480 --> 0:58:23.960 And now here's the issue though, as I looked at 0:58:24.000 --> 0:58:26.280 I look at Google earthwin are there some cities there, 0:58:26.320 --> 0:58:28.200 But there's a lot of dead space there you could 0:58:28.200 --> 0:58:31.040 cut through, and I'm not quite sure how. I'm pretty 0:58:31.080 --> 0:58:34.240 sure that property acquisition and eminent domain laws aren't what 0:58:34.320 --> 0:58:36.600 they are in the United States. In those countries, I'm 0:58:36.600 --> 0:58:38.920 pretty sure they could come and go, we're taking this here, 0:58:39.960 --> 0:58:42.520 if you really wanted to do this. But the problem, 0:58:42.520 --> 0:58:47.560 of course is geology. So the Panama Canals, I understand 0:58:47.640 --> 0:58:51.560 that was limestone in granite and compared to the Panama 0:58:51.640 --> 0:58:54.840 Canal that was volcanic soil fifty miles. As I said, 0:58:55.240 --> 0:58:57.360 that took ten years and killed thousands of people. Took 0:58:57.400 --> 0:59:00.280 a long time to do that. Now we're in the 0:59:00.320 --> 0:59:03.440 modern era, we have better technology, better knowledge, better science. 0:59:03.520 --> 0:59:06.200 So could you cut that down in a reasonable period maybe, 0:59:06.400 --> 0:59:09.640 depending how far you got to go. But the problem 0:59:09.720 --> 0:59:13.160 is it's a mountainous area, and so excavating that rock 0:59:13.440 --> 0:59:16.040 at scale is more expensive than soil. You're cutting through 0:59:16.080 --> 0:59:18.720 a mountain range, and it have to be wide enough 0:59:18.760 --> 0:59:22.479 and deep enough for supertankers and LNG vessels liquid natural 0:59:22.520 --> 0:59:24.360 gas to come through, and it have to be about 0:59:24.400 --> 0:59:26.400 twenty meters deep and pretty damn wide, and you have 0:59:26.480 --> 0:59:28.320 a lock system. And look at this way it took 0:59:28.360 --> 0:59:31.160 pan in the Panama Canal took nine billion dollars to 0:59:31.280 --> 0:59:33.479 expand it for mount it I said nine billion dollars 0:59:33.520 --> 0:59:37.280 for modern tankers. And this area that we're talking about 0:59:37.320 --> 0:59:40.760 through the Mussinden Peninsul and am on the rocky finger 0:59:40.840 --> 0:59:44.160 that's jutting out there that connects the Persian Golf to 0:59:44.200 --> 0:59:46.600 the Gulf of Aman and bypass the strait of our 0:59:46.640 --> 0:59:50.400 moose entirely. It would dwarf that cost for sure. However, 0:59:51.600 --> 0:59:54.560 they got oil money. That's a whole different level of 0:59:54.640 --> 0:59:58.160 money out there, right Like when they're Lamborghini runs out 0:59:58.160 --> 0:59:59.840 of gas, they don't go to the gas. They just 1:00:00.080 --> 1:00:03.080 get a new Lamborghini. They got that. They got stupid money. 1:00:04.640 --> 1:00:06.480 So I don't know money is an object in this 1:00:06.560 --> 1:00:08.680 case or technology for them, man. I mean Look how 1:00:08.760 --> 1:00:14.320 fast they're throwing buildings up in the UAE. It's it's impressive. 1:00:16.200 --> 1:00:16.360 Now. 1:00:16.720 --> 1:00:19.800 The other solution, of course, to the gas crisis would 1:00:19.840 --> 1:00:23.000 be another pipeline. There's already one there through the UAE, 1:00:23.280 --> 1:00:27.680 the Abu Dhabi pipeline, and that bypasses the straight entirely 1:00:28.800 --> 1:00:31.400 and they do about one point five million barrels a day, 1:00:31.400 --> 1:00:33.920 which is not a lot significant, but let's face that 1:00:33.960 --> 1:00:36.240 you're moving a lot more through to the strait than 1:00:36.280 --> 1:00:38.360 you are pipeline. So maybe the way to do this 1:00:38.480 --> 1:00:42.800 that is expanding the pipeline infrastructure, and you could do 1:00:42.920 --> 1:00:46.600 multiple ones cheaper and faster than canal. Now, it doesn't 1:00:46.680 --> 1:00:49.400 solve the tanker problem. Look, the real problem here is 1:00:49.400 --> 1:00:52.160 the liquid natural gas. Because gases, you know, they take 1:00:52.200 --> 1:00:54.560 gas and they turn it into a liquid because it's 1:00:54.600 --> 1:00:57.960 easier transport, it's more it's more effective because if you're 1:00:58.040 --> 1:01:00.600 just to take tankers of gas, you wouldn't have much 1:01:00.600 --> 1:01:04.160 gas in the tanker. However, if you liquefy it and 1:01:04.280 --> 1:01:07.640 then reconstitute it back into a gas from a liquid 1:01:07.720 --> 1:01:10.360 after it it goes to port and gets processed and refined, 1:01:10.920 --> 1:01:13.720 then that's how you do it. So you can't pipe 1:01:13.960 --> 1:01:17.160 liquid tanker. The say you can't do it. But you 1:01:17.280 --> 1:01:19.640 got two countries here, And I mentioned though, Man is 1:01:19.680 --> 1:01:23.760 pre politically neutral, and I would imagine they'd be reluctant 1:01:23.760 --> 1:01:26.200 to host something like this because it could make them 1:01:26.200 --> 1:01:29.880 a target. And Iran would look at construction's active war. 1:01:30.040 --> 1:01:32.400 Probably I don't know how, but maybe an active war. 1:01:32.760 --> 1:01:35.280 But boy, if you did something like this, couldn't you 1:01:35.320 --> 1:01:37.520 squeeze out I ran entirely. Now, it's going to take 1:01:37.560 --> 1:01:39.920 a long time, and maybe we need to have some 1:01:40.040 --> 1:01:42.840 patience here. If it took eight years or ten or 1:01:42.880 --> 1:01:45.160 whatever it took, I don't know. And would there be 1:01:45.200 --> 1:01:46.840 the impetus in the Middle East for them to do this, 1:01:47.000 --> 1:01:50.120 But it's a consideration because the issue here's real estate. 1:01:50.840 --> 1:01:52.400 Know a little bit about real estate. The issue is 1:01:52.440 --> 1:01:55.320 real estate. The whole reason why where war we know 1:01:55.520 --> 1:01:56.960 the problem in the Ran is because they cut off 1:01:57.040 --> 1:01:59.600 the supply of oil. Oil goes off the charts. We 1:01:59.720 --> 1:02:02.160 all flip out, We could pitulate, and then we do 1:02:02.240 --> 1:02:04.080 this all over again every few years, and maybe a 1:02:04.080 --> 1:02:07.240 different country, different cause. But I mean, this has happened 1:02:07.280 --> 1:02:09.720 a handful of times in my lifetime where Iran has said, 1:02:09.720 --> 1:02:11.480 we're cutting off the straight of our moves and we're 1:02:11.480 --> 1:02:13.520 gonna squeeze you when it comes to oil prices, which 1:02:13.560 --> 1:02:15.520 is why we need things like and Trump's right on this. 1:02:15.600 --> 1:02:18.560 We need energy in dependence. Maybe not fully, but we're 1:02:18.600 --> 1:02:22.360 still producing a lot more than we have and re 1:02:22.520 --> 1:02:26.080 establishing pipelines like the Keystone XL pipeline, getting that back online. 1:02:26.520 --> 1:02:28.400 But again to show you just how dependent we are 1:02:28.480 --> 1:02:31.080 in for and oil, it's still not enough. It's still 1:02:31.320 --> 1:02:34.600 not enough, and we're getting oiled by the way from Venezuela. 1:02:34.880 --> 1:02:38.720 Still not enough. And it all goes in the world supply. 1:02:38.840 --> 1:02:40.760 We're all dependent on one another, and it all takes 1:02:40.840 --> 1:02:44.680 us Iran to say we're shutting this thing down. And 1:02:44.880 --> 1:02:47.320 even though the other nations, most of the other nations 1:02:47.360 --> 1:02:49.160 in the Middle East are with US as opposed to them, 1:02:49.240 --> 1:02:51.920 it still doesn't mean anything. So the solution here is 1:02:51.960 --> 1:02:53.880 to figure out a way to bypass the straight of 1:02:53.920 --> 1:02:57.960 our moves. Can you do that with a canal? It's 1:02:57.960 --> 1:03:00.400 a big ask, it's a lot of work. There's mountains 1:03:00.440 --> 1:03:03.280 to move. Can we move mountains? I would think that 1:03:03.360 --> 1:03:06.680 the Middle East of those countries, uh and maybe opek 1:03:06.720 --> 1:03:08.439 I don't know where they stand in the second they've 1:03:08.440 --> 1:03:10.200 got enough money to be able to go. Well, actually 1:03:10.240 --> 1:03:14.480 we have we have mountain moving cash. They're flush with. 1:03:14.800 --> 1:03:17.480 Not poor area out there. You probably could do this. 1:03:17.920 --> 1:03:21.520 Could you add more pipeline, Well you need more military protection. 1:03:21.640 --> 1:03:23.400 There is that something that they work with the United 1:03:23.480 --> 1:03:26.840 States to make sure that those assets are protected. Because 1:03:26.920 --> 1:03:29.520 you've just created another choke pointed it. But we've kind 1:03:29.520 --> 1:03:31.800 of moved the choke. The chow points south. If you 1:03:31.840 --> 1:03:33.640 look at it, you know there's this little peninsula juts out. 1:03:33.640 --> 1:03:35.720 The strait of our moves is very narrow. If we 1:03:35.880 --> 1:03:38.600 kind of cut that tip off, guys, if we circumcise 1:03:38.720 --> 1:03:44.320 that peninsula, then maybe there's an opportunity here. But I 1:03:44.360 --> 1:03:46.520 don't know you do that with more pipelines and infrastructure. 1:03:46.520 --> 1:03:48.880 But if you do the pipeline, probably only is that 1:03:49.040 --> 1:03:51.760 now you're really exposed because that is probably pretty easy 1:03:51.800 --> 1:03:54.480 to sabotage. How do you get someone in the country 1:03:54.480 --> 1:03:56.880 with some C four and blow up part of a 1:03:56.920 --> 1:03:58.600 pipeline or a hole in at least or cause some 1:03:58.680 --> 1:04:01.360 sort of disruption. I imagine that'd be pretty easy to do. 1:04:01.520 --> 1:04:05.560 That'd have to be a very heavily guarded line in 1:04:05.680 --> 1:04:07.560 the first place, by and it's going to cost a 1:04:07.600 --> 1:04:10.720 lot more in military in defense than would be just 1:04:10.760 --> 1:04:13.040 to a canal, you know, like I said, you know 1:04:13.160 --> 1:04:16.880 Panama Canal costs that would have been nineteen fourteen, I 1:04:16.960 --> 1:04:20.680 think be about seventeen billion today, and then we expanded 1:04:20.720 --> 1:04:24.000 it for another five billion. This is I mean, you're 1:04:24.040 --> 1:04:27.080 in the half a trillion dollar range here, right, And 1:04:27.200 --> 1:04:29.760 it could take twenty thirty forty years maybe I don't know, 1:04:29.840 --> 1:04:33.000 ten years, I don't know. So theoretically possible, I guess 1:04:33.080 --> 1:04:36.520 practically maybe not, but it seems to be the solutions. 1:04:36.520 --> 1:04:38.720 We got to find a way to get to take 1:04:38.800 --> 1:04:41.800 the straight of our moves out of the equation. That 1:04:42.040 --> 1:04:45.920 to me is the difficult task. But some quality toilet 1:04:45.960 --> 1:04:49.120 time was saying said they thinking this whole issue, and 1:04:49.200 --> 1:04:50.960 maybe you thought of the same thing, because I certainly 1:04:50.960 --> 1:04:52.720 don't claim to be the sharpest knife in the drawer, 1:04:53.160 --> 1:04:55.320 But they said, yeah, well we mess on the STRAIGHTFORRM. 1:04:55.680 --> 1:04:57.520 Is there a better way to move that oil out 1:04:57.520 --> 1:05:00.880 of that region? Canals and pipelines? We ought to be 1:05:00.880 --> 1:05:02.720 at least be looking at a kicking the tires on it. 1:05:02.800 --> 1:05:05.840 Otherwise our grandkids will be doing the same thing in 1:05:05.880 --> 1:05:08.040 a few years, and so it goes quick time out 1:05:08.080 --> 1:05:10.400 back with more. Scott's Loan Show continues on seven hundred 1:05:10.440 --> 1:05:15.400 Wold four minutes away from a news update here on 1:05:15.560 --> 1:05:18.560 seven hundred w scott Sloan Show, and then at eleven 1:05:18.640 --> 1:05:22.600 oh seven, she's Kentucky Representative Beverly Chester Burton, who is 1:05:22.640 --> 1:05:25.480 sponsoring legislation that we should pay attention to here in 1:05:25.560 --> 1:05:28.400 Ohio as well. Kentucky. We just had the street takeover 1:05:28.960 --> 1:05:31.640 this past weekend. Dozens of people jammed up in this thing, 1:05:32.120 --> 1:05:34.240 and it's going to get worse, not better, with the winter, 1:05:34.440 --> 1:05:36.440 the winter months behind us and the warm weather come 1:05:36.520 --> 1:05:39.640 up right. Her proposal there is because it really hit 1:05:39.720 --> 1:05:42.480 Louisville pretty hard where she's from, and she wants to 1:05:42.840 --> 1:05:45.400 after the second event. So first defense is pretty strict. 1:05:45.440 --> 1:05:49.160 We take your license and let's face it, license revocation 1:05:49.440 --> 1:05:52.800 and suspended people dus all the time. Like you look 1:05:52.800 --> 1:05:55.160 at a court docket. A lot of them are driving 1:05:55.200 --> 1:05:58.040 well suspended, driving insurance, but driving well suspended. People don't 1:05:58.040 --> 1:06:01.120 pay attention, don't care. Used to be like, well I 1:06:01.160 --> 1:06:02.880 don't have a license, I can't drive. Now people just 1:06:02.920 --> 1:06:05.480 don't care, so that I don't know if that's a 1:06:05.600 --> 1:06:08.200 deterrent or not. I don't think it is. But taking 1:06:08.320 --> 1:06:12.200 your car and crushing it, that is a deterrent. Now, 1:06:12.360 --> 1:06:15.240 my civil libertarian radar went up on that one, going, well, 1:06:15.400 --> 1:06:19.440 I've got issues in the past and the present with 1:06:19.600 --> 1:06:22.960 confiscation because we know it is abused, namely in drugs. 1:06:22.960 --> 1:06:26.000 There'd be people traveling with cash or driving their car 1:06:26.120 --> 1:06:28.680 with cash, and the authorities will seize it, going well, 1:06:28.920 --> 1:06:32.960 you've got ten thousand dollars here, what's it for. It's cash, 1:06:33.040 --> 1:06:34.480 I'm allowed to have. I come a lot to have 1:06:34.520 --> 1:06:35.800 as long as my money. I'm allowed to have a 1:06:35.840 --> 1:06:38.160 million dollars. The problem is that they will say, well, 1:06:38.160 --> 1:06:40.200 that's drug proceeds, even without proving it, and take the 1:06:40.240 --> 1:06:42.160 cash and other things as well. So I have a 1:06:42.200 --> 1:06:45.520 lot of problem with asset forfeiture because it's been abused 1:06:45.840 --> 1:06:47.640 like anything by the government. You know, you give me 1:06:47.640 --> 1:06:49.400 an opportunity, they're going to somebody. We're gonna abuse it 1:06:49.440 --> 1:06:52.760 because the money goes to police agencies and general funds, 1:06:52.800 --> 1:06:54.840 and that's a way for them to take more of 1:06:54.920 --> 1:06:58.040 our money that's not in the tax form. But this 1:06:58.160 --> 1:07:00.160 is an interesting one. You know, if the threat of 1:07:00.360 --> 1:07:03.280 having your car, you know, fifty sixty seventy thousand dollars car, 1:07:03.360 --> 1:07:07.240 it's spend her having that thing seized and crushed. Oh boy, 1:07:08.120 --> 1:07:10.280 that gets your attention. Anyway, she is on. It's her idea. 1:07:10.320 --> 1:07:12.720 We'll kick that around. Coming up at eleven oh seven 1:07:12.760 --> 1:07:16.000 here on the Scotslane Show on seven hundred WLW one. 1:07:16.040 --> 1:07:18.120 One think this is a perfect crime, but it's not. 1:07:19.520 --> 1:07:22.600 This woman in Colorado is looking at twenty years in 1:07:22.680 --> 1:07:27.880 prison for fraud. And what she did was she was 1:07:28.160 --> 1:07:34.760 a a mortician and this is not good. The family 1:07:34.880 --> 1:07:38.360 needed money. They were scared and desperate. They needed cash. 1:07:38.480 --> 1:07:41.120 No excuse, but that was the excuse. She helped her 1:07:41.160 --> 1:07:45.600 ex husband hide two hundred decomposing bodies and essentially turned 1:07:45.600 --> 1:07:47.760 the ashes over to people who had the families had 1:07:47.760 --> 1:07:52.400 their loved ones cremated, and instead of the ashes, she 1:07:52.560 --> 1:07:58.920 filled the urns with concrete mix. Don't I don't know 1:07:58.920 --> 1:08:01.520 how you discover it, because you know, my mom was 1:08:01.680 --> 1:08:03.360 cremated and my dad's a creama and the look at 1:08:03.360 --> 1:08:06.360 the ashes are like it does kind of look like 1:08:06.480 --> 1:08:10.800 concrete mix, and most people are probably not. You may 1:08:10.840 --> 1:08:12.480 look at it going, wonder what this looks like? You 1:08:12.560 --> 1:08:15.040 look at it, going, Okay, same thing with dogs, right, Oh, 1:08:15.040 --> 1:08:18.759 looks it's just white powder and it's all ground down. Anyways, 1:08:18.760 --> 1:08:21.680 there's really nothing identifying in these things. Everything else is 1:08:21.720 --> 1:08:23.880 taken out that you know, if you have an artificial whatever, 1:08:23.960 --> 1:08:25.800 they take that out. But I don't know how you 1:08:25.920 --> 1:08:27.840 tell who's actually doing a test to see if it's 1:08:28.040 --> 1:08:32.200 if if it actually has ashes something I don't know 1:08:32.560 --> 1:08:35.639 it did. Somebody's earned get wet and it turned into 1:08:35.720 --> 1:08:38.080 concrete and he went, wait, hold on, understand, I'm just 1:08:38.240 --> 1:08:42.400 trying and figuring out how how you would discover that 1:08:42.400 --> 1:08:44.400 it's not something you would test to make sure, but 1:08:45.080 --> 1:08:48.680 somebody did, and she's in prison and deservedly so, deservedly 1:08:48.760 --> 1:08:50.960 so so. And wonder how many people now are checking 1:08:51.000 --> 1:08:53.360 the ashes of their loved one. Kind of morbid I know, 1:08:53.520 --> 1:08:57.360 kind of a morbid topic. Anyway, Hopefully we do not 1:08:57.439 --> 1:08:59.519 have more traffic problems tomorrow morning like we did today. 1:08:59.520 --> 1:09:01.360 We'll recare that with news. We got weather, we've got 1:09:01.400 --> 1:09:03.280 the forecast, we've got traffic, as I mentioned, and of 1:09:03.360 --> 1:09:05.320 course a full news update, and then we will talk 1:09:05.360 --> 1:09:07.360 about whether or not you should have your car taken 1:09:07.439 --> 1:09:10.840 from you if you're street racing or you are doing 1:09:11.000 --> 1:09:14.080 a shutdown like we had this weekend with a street 1:09:14.120 --> 1:09:17.600 takeover in Cincinnati. Should you surrender your car and have 1:09:17.720 --> 1:09:20.439 it crushed before your eyes if you're guilty of those offenses? 1:09:20.960 --> 1:09:23.800 Kentucky lawmaker joins us next to talk about that. She's 1:09:23.840 --> 1:09:25.920 Beverly Chester Burton on the Scotsland Show Home of the 1:09:25.960 --> 1:09:27.799 Red seven hundred WWT Cincinnati. 1:09:27.920 --> 1:09:31.599 Do you want to be an American Scott's Low back 1:09:31.640 --> 1:09:34.479 on seven hundred ww Welcome to it, to the last 1:09:34.640 --> 1:09:36.800 gas with winter at least we hope anyway, with a 1:09:36.840 --> 1:09:41.040 snowfalling back to let's rewind it back to the weekend 1:09:41.080 --> 1:09:44.040 here thirty nine arrested sixty five cars toed in Cincinnati 1:09:44.520 --> 1:09:47.440 in the street takeover, and of course yesterday the courtrooms 1:09:47.439 --> 1:09:50.759 were filled with defendants in this case, all pleading not guilty. 1:09:51.840 --> 1:09:54.000 And now the question is, okay, how do we prevent 1:09:54.080 --> 1:09:56.160 this from happening in the first place? There may be 1:09:57.200 --> 1:10:00.400 something happening in Kentucky that there may be an answer here. Anyway, 1:10:00.479 --> 1:10:02.559 Kentucky lawmaker says, if you want to play that game 1:10:02.640 --> 1:10:06.080 in street racing and doing donuts and shutting down intersections. 1:10:06.120 --> 1:10:08.240 Then you know, the second time, not the first time, 1:10:08.280 --> 1:10:09.960 but the second time we catch you, we're going to 1:10:10.000 --> 1:10:12.400 take your car and put it in a crusher. We're 1:10:12.439 --> 1:10:17.080 going to destroy your vehicle. She is Commonwealth Representative Beverly 1:10:17.160 --> 1:10:19.960 Chester Burton from Louisville, joining the show this morning, sponsor 1:10:20.000 --> 1:10:23.120 of Kentucky House built for twenty five. Good morning, Representative 1:10:23.479 --> 1:10:24.519 chester Burton, how are you? 1:10:24.760 --> 1:10:26.040 Good morning? 1:10:26.560 --> 1:10:28.519 Thank you for having me, Yes, ma'am, I appreciate you 1:10:28.560 --> 1:10:31.360 taking time out for us up here in Ohio. So 1:10:31.520 --> 1:10:33.840 thirty nine people arrested, fifty five cars. Tody just wented 1:10:33.920 --> 1:10:36.679 this this past weekend. I'm sure you see street takeovers 1:10:36.720 --> 1:10:39.720 in Louisville as well and around the Commonwealth. Does that 1:10:39.880 --> 1:10:42.920 kind of mass event change a conversation about why Kentucky 1:10:43.040 --> 1:10:45.519 needs your proposal here House built four twenty five. 1:10:46.600 --> 1:10:50.880 Well, yesterday you know it's passed in the House and 1:10:51.000 --> 1:10:53.360 so we'll know it would now go to the Senate. 1:10:53.400 --> 1:10:57.160 But what happened, how this all start started, is because 1:10:57.880 --> 1:11:04.240 I had numerous requests and in twenty five about things 1:11:04.280 --> 1:11:07.920 that are happening in the communities regarding street racing, greg 1:11:08.040 --> 1:11:11.720 racing on the Expressway in communities, you know, all over 1:11:11.920 --> 1:11:15.680 I mean literally, and so after so many calls, you know, 1:11:16.160 --> 1:11:18.880 you have to, you know, pay attention and kind of 1:11:18.960 --> 1:11:20.880 investigate what's really going on. 1:11:22.000 --> 1:11:22.120 Uh. 1:11:22.200 --> 1:11:24.760 Do you think that the street takeovers should apply to this? 1:11:24.880 --> 1:11:27.640 Because I think generally speaking, reading through the bill, it 1:11:27.720 --> 1:11:29.679 has more to do with people who are drag racing. 1:11:29.840 --> 1:11:32.080 Should street takeovers be included in that? 1:11:33.680 --> 1:11:37.200 Absolutely? Because I mean, to me, that is another form 1:11:37.400 --> 1:11:40.360 of drag racing. I mean when you have people that 1:11:40.640 --> 1:11:48.160 are literally blocking intersections and blocking communities so that they can. 1:11:48.160 --> 1:11:49.040 You know, have a race. 1:11:49.640 --> 1:11:54.120 I mean, whether street racing drag racing. To me, it's 1:11:54.600 --> 1:11:55.840 pretty much one of the same. 1:11:56.080 --> 1:11:59.439 Yeah, I know that this failed last year. You said 1:11:59.479 --> 1:12:01.439 it got through that time. What's the difference? How did 1:12:01.479 --> 1:12:03.280 you change it to get across the finish line? 1:12:04.240 --> 1:12:08.160 What the difference is? I had conversations across the owls 1:12:08.840 --> 1:12:11.920 and across you know, with the Senate and the House 1:12:12.000 --> 1:12:15.880 members to let them know that it almost made it through. 1:12:16.000 --> 1:12:19.519 Last year, we simply went out of time. And so 1:12:19.760 --> 1:12:24.400 this time I started the conversation crawly, you know, when 1:12:24.439 --> 1:12:28.200 we started siling bills, and I'm letting them know I'm 1:12:28.240 --> 1:12:31.760 going to thousand again. It's still an issue. People are 1:12:31.800 --> 1:12:36.800 still commenting and you know, emailing me or you know, 1:12:36.920 --> 1:12:39.559 calling me about you know it didn't pass last time, 1:12:39.960 --> 1:12:40.680 or do you think it. 1:12:40.800 --> 1:12:41.799 Might do these times. 1:12:43.040 --> 1:12:45.920 So let me lay this out for folks in Kentucky. Well, 1:12:45.960 --> 1:12:47.920 I mean for anyone driving in Kentucky, and how this 1:12:48.000 --> 1:12:51.600 supplies to the street takeovers here in Cincinnati. So for 1:12:51.680 --> 1:12:53.800 the first defense, it'd be a five hundred dollars fine 1:12:54.800 --> 1:12:56.640 not more than a thousand dollars mean five hundred, not 1:12:56.720 --> 1:12:59.680 less than five hundred, not more than a thousand, or 1:12:59.760 --> 1:13:02.120 being in prison for not more than six months thirty days, 1:13:02.400 --> 1:13:05.160 and any murder vehicle used by the person commission of 1:13:05.200 --> 1:13:07.599 violations impounded for ninety days. So you lose your driving 1:13:07.720 --> 1:13:11.320 privileges for ninety days for the first defense. Second offense, 1:13:11.960 --> 1:13:15.080 you're fined between one thousand and two thousand dollars or 1:13:15.439 --> 1:13:18.960 up to a year in jail. Your operator's license to 1:13:19.120 --> 1:13:22.640 drive is suspended, and any motor vehicle used by the 1:13:22.680 --> 1:13:25.760 person and commission of the violation forfeited to the state 1:13:25.840 --> 1:13:28.880 to be disposed of under Kentucky law. So we will 1:13:28.960 --> 1:13:31.760 seize your vehicle for a second time and either sell 1:13:31.800 --> 1:13:35.920 it or destroy it. I guess more is a civil libertarian, Beverly. 1:13:36.120 --> 1:13:40.120 I'm concerned that now we have another civil asset forfeiture situation. 1:13:40.200 --> 1:13:42.439 As you know, when with drug arrests, we take somebody's 1:13:42.439 --> 1:13:44.320 caring a lot of cash and a commission of a 1:13:44.400 --> 1:13:47.000 felony drug stop, they seize the cash. And now we 1:13:47.080 --> 1:13:49.120 have people who are just well, it's not illegal to 1:13:49.160 --> 1:13:51.519 have ten thousand dollars or twenty thousand dollars cash with you, 1:13:51.920 --> 1:13:53.880 and now under pretext, they just seize the money. And 1:13:53.920 --> 1:13:57.040 there's been many cases where authorities have seized property across 1:13:57.080 --> 1:13:59.719 the country and not returned it even though the person's 1:13:59.720 --> 1:14:02.719 been a generated This is just another way to increase 1:14:02.760 --> 1:14:04.240 the revenues. How do you balance that in. 1:14:04.280 --> 1:14:08.800 This Well, what I guess one of the things that 1:14:09.280 --> 1:14:13.720 see that may be positive for this particular deal, it's 1:14:13.760 --> 1:14:18.720 a victim compensation, you know, which means that damage is 1:14:18.840 --> 1:14:23.040 from the tragic accidents or not directly compensated by the 1:14:23.080 --> 1:14:27.960 people responsible for actents. But the quo seed of the 1:14:28.080 --> 1:14:32.600 question or of this particular deal will be going to 1:14:32.760 --> 1:14:38.639 the crime Victim Compensation board. Oh and I felt even 1:14:38.680 --> 1:14:42.320 though many people see it. That's maybe not a good thing. 1:14:43.479 --> 1:14:45.840 The positive that comes out of that is that it's 1:14:45.880 --> 1:14:49.160 going to go to the Crime Victims Compensation Board. 1:14:50.280 --> 1:14:53.040 So the city or the state in this case will 1:14:53.080 --> 1:14:55.559 not make money off of it. And we we'll examine 1:14:55.600 --> 1:14:58.280 that in a minute. But the Cincinnati takeover talking about here, 1:14:58.400 --> 1:15:01.320 you got to be from Dayton, Columbus, probably even northern Kentucky, 1:15:01.439 --> 1:15:03.840 maybe in Louisville. Who knows crossing state lines to do this? 1:15:05.000 --> 1:15:08.479 Does the Commonwealth have to coordinate with Indiana and also 1:15:08.720 --> 1:15:11.040 Ohio for enforcement on this? Should it be up to 1:15:11.120 --> 1:15:13.679 the state. Should there be a I don't know, across 1:15:13.720 --> 1:15:15.960 the line effort here to prevent this from happening. 1:15:17.120 --> 1:15:19.240 Well, I mean you brought up an interesting you know 1:15:19.880 --> 1:15:23.679 thoughts here, because we know that when things are shut 1:15:23.760 --> 1:15:27.919 down in one community, people will move through the next community. 1:15:28.439 --> 1:15:33.040 So when I watched this information that you sent me 1:15:33.120 --> 1:15:36.479 regarding the build I mean, not the deal, but the 1:15:36.640 --> 1:15:39.200 information you sent me regarding what happened to take over 1:15:39.240 --> 1:15:43.639 in Cincinnati, I noticed or heard that there were people 1:15:43.840 --> 1:15:46.960 that were not even from the area. So what is 1:15:47.040 --> 1:15:50.240 happening is people will move from one community to the 1:15:50.479 --> 1:15:54.400 next when as they need to when things are shut down, 1:15:55.120 --> 1:15:58.559 and so I think it will require in the future 1:15:59.200 --> 1:16:03.440 that they to work together. It just continues. 1:16:04.479 --> 1:16:08.080 She is a Commonwealth representative Beverly Chester Burton. She's sponsoring 1:16:08.160 --> 1:16:11.880 this bill it moved through yesterday that that's going to 1:16:11.920 --> 1:16:15.719 allow for a second either street racing or drag racing offense. 1:16:15.760 --> 1:16:18.960 This is in Kentucky now that they're going to seize 1:16:18.960 --> 1:16:21.400 your car and crush it for a second offense, and 1:16:22.240 --> 1:16:24.240 it's any of any of the first offense is pretty 1:16:24.439 --> 1:16:28.040 prohibitive here too. En result though, Louisville Metro Police for 1:16:28.120 --> 1:16:31.080 you are Beverly Little recrushed a street racing card September, 1:16:31.120 --> 1:16:32.960 made a big deal out of it, and the video 1:16:33.040 --> 1:16:35.200 went viral. It went all over the country, but you 1:16:35.240 --> 1:16:37.920 still had a major street takeover a few months later. 1:16:38.000 --> 1:16:40.000 So what's your response to critics who say the destruction 1:16:40.120 --> 1:16:40.960 of property doesn't work. 1:16:43.040 --> 1:16:46.680 Well, I think it doesn't work if people don't know 1:16:46.880 --> 1:16:50.240 that it's happening. But I think once people are aware 1:16:51.040 --> 1:16:54.120 that they're paying attention during the lookout with those. 1:16:54.040 --> 1:16:54.639 Type of things. 1:16:55.360 --> 1:16:58.240 And I want to say, you know, last year, I 1:16:58.360 --> 1:17:01.720 know when we were introducing it every seventh states that 1:17:01.840 --> 1:17:05.360 have proposed the same type of legislation to increase facility. Yeah, 1:17:05.520 --> 1:17:09.960 you know so, I mean at least three states have 1:17:10.200 --> 1:17:14.360 advocated for the portraiture as atility for traffic accidents, So 1:17:14.640 --> 1:17:18.120 I mean we're not the only one. I think it's 1:17:18.240 --> 1:17:22.840 good to have conversations, of course, not only the state, 1:17:23.000 --> 1:17:27.640 but as the nation, to look at who's doing what 1:17:28.320 --> 1:17:31.040 and why they're doing it and have worked in their community. 1:17:31.479 --> 1:17:33.640 And that's what you know we are intending to do. 1:17:34.080 --> 1:17:38.040 Yeah, here in Ohio in the way Sudent Cincinnati, these 1:17:38.080 --> 1:17:40.920 folks are all facing first degree misdemeanors, and that, of 1:17:41.000 --> 1:17:43.240 course is a first degree is the highest level of misdemeanor. 1:17:43.560 --> 1:17:45.320 And the maximum penalty I believe is up to one 1:17:45.360 --> 1:17:47.519 hundred and eighty y days in jail, one thousand dollars fine. 1:17:47.600 --> 1:17:49.640 Is that too light for the first defense? Because I 1:17:49.680 --> 1:17:51.479 look at Kentuguyoo, you got going on here, and that 1:17:51.680 --> 1:17:54.800 is like we're taking your license. It's pretty it's pretty 1:17:54.880 --> 1:17:58.519 heavy penalty for the first time out. Does that just go? Well, 1:17:58.640 --> 1:18:00.400 it's a slap on the rest day. I've I don't 1:18:00.439 --> 1:18:03.200 have anything, you know, I haven't been arrested before. Let's say, 1:18:03.200 --> 1:18:05.240 I guess most of these people probably haven't maybe a 1:18:05.280 --> 1:18:07.320 few tickets here there. I'm probably not going to get 1:18:07.400 --> 1:18:09.640 jail time, will get suspended. I'll play court. Costs a 1:18:09.680 --> 1:18:12.120 few thousand dollars and I'm out the door. But I'll 1:18:12.120 --> 1:18:12.800 probably do it again. 1:18:14.439 --> 1:18:16.360 Well, I think it'll be a wake up call. 1:18:16.680 --> 1:18:16.920 God. 1:18:17.160 --> 1:18:20.720 I think that when people know the things are being 1:18:21.120 --> 1:18:25.320 seriously looked at, that it will make people think, you 1:18:25.400 --> 1:18:27.680 know what, I don't know if I want to do 1:18:27.800 --> 1:18:32.160 this again, and I know that if I had not 1:18:32.400 --> 1:18:36.080 heard from many people, you know, complain about what the 1:18:36.360 --> 1:18:39.120 what you know, people videotaking things that are happening in 1:18:39.160 --> 1:18:43.800 the community. Yeah, And I'm just trying to respond to 1:18:45.240 --> 1:18:50.320 people who have taken a look at what they see 1:18:50.320 --> 1:18:53.439 in the community happening that they don't like, and they 1:18:53.560 --> 1:18:56.360 want the legislators to do something about it. 1:18:58.040 --> 1:19:01.439 Essentially, that is I know that sounds kind of quaint, Beverly, 1:19:01.520 --> 1:19:04.240 because essentially that's what we send folks like you uh 1:19:04.400 --> 1:19:06.760 to uh to the state House for for here in 1:19:07.120 --> 1:19:10.840 Ohio and also federally, but our federal government doesn't seem 1:19:10.880 --> 1:19:12.920 to be doing doing that right now, actually listening to 1:19:12.960 --> 1:19:14.880 the people and you know, doing doing the work of 1:19:14.880 --> 1:19:17.280 the people. We have government spartial government shutdown, but that's 1:19:17.320 --> 1:19:21.240 a federal issue, not a local one. What happens here, yeah, 1:19:21.280 --> 1:19:21.840 go ahead, I'm sure. 1:19:22.600 --> 1:19:27.120 But but what I will applaud local legislators that are 1:19:27.320 --> 1:19:31.360 trying to do is that when they you know, address 1:19:31.439 --> 1:19:36.559 the problem that before it becomes to a state level, 1:19:37.200 --> 1:19:39.439 that they are trying to work it out on a 1:19:39.520 --> 1:19:42.479 local level, right and then when it doesn't you know, 1:19:42.560 --> 1:19:46.120 if when it doesn't happen, then when they reach out 1:19:46.160 --> 1:19:51.320 to the state legislators and well enough times rather then 1:19:51.439 --> 1:19:54.599 they will say, okay, we try to let you all, 1:19:54.920 --> 1:19:59.599 you know, palm this particular so called entertainment down. But see, 1:20:01.120 --> 1:20:05.320 it's not a harmless entertainment, you know, because you know, 1:20:05.400 --> 1:20:10.840 it's many different areas, you know, passengers, tgestions, and neighborhoods. 1:20:10.880 --> 1:20:14.600 And I think that's the big picture, neighborhoods. So you know, 1:20:14.680 --> 1:20:17.679 when they turn public roads into like a race track, 1:20:18.439 --> 1:20:21.160 then that's when the consequences change. 1:20:22.240 --> 1:20:23.840 Well, the fact of the matters, they're doing this in 1:20:25.120 --> 1:20:27.960 urban areas because of the backdrop. It's for video, it's 1:20:28.000 --> 1:20:30.760 for it's for clicks. Right back in the day, people 1:20:30.840 --> 1:20:33.120 with drag race and that certainly was dangerous, but they 1:20:33.320 --> 1:20:35.960 kind of do it not the way places usually only 1:20:35.960 --> 1:20:38.320 people get heard of. The two participants were racing from 1:20:38.360 --> 1:20:40.519 A to B. This is a much different thing. You're 1:20:40.560 --> 1:20:43.520 taking over entire city or you know, a major intersection, 1:20:44.920 --> 1:20:47.960 essentially for social media. That's the reason you're doing this. 1:20:48.120 --> 1:20:49.080 I think it's a little bit of a bit of 1:20:49.120 --> 1:20:50.720 a different and I agree with you on that one. 1:20:50.840 --> 1:20:52.960 And the truth is somewhere between an m One and Cincinnati, 1:20:52.960 --> 1:20:54.280 which is I mean, it's probably gonna be a slap 1:20:54.360 --> 1:20:56.000 on the wrist for most of these folks. I wonder 1:20:56.000 --> 1:20:58.400 if they'll participate in it again. I guess the other 1:20:58.479 --> 1:21:00.240 thing I would say is what and I this is 1:21:00.280 --> 1:21:02.840 the problem I had with the speed cameras in that 1:21:03.120 --> 1:21:05.040 you know, someone could be borrowing my car. It could 1:21:05.040 --> 1:21:07.240 be a son, daughter, or someone else, family member or 1:21:07.240 --> 1:21:09.599 a neighbor. Whoever, they blow through a light, I get 1:21:09.680 --> 1:21:11.880 the ticket. That's not fair. I'm not the person driving 1:21:11.920 --> 1:21:14.360 the car. Same thing here. What happens to an innocent 1:21:14.439 --> 1:21:17.120 vehicle owner, a parent, a spouse whose car is used 1:21:17.120 --> 1:21:19.560 by someone in a street takeover without their knowledge? Is 1:21:19.600 --> 1:21:20.479 they are they protected? 1:21:22.640 --> 1:21:22.840 Well? 1:21:22.920 --> 1:21:25.080 You know that's that's a good question. I mean, I 1:21:25.120 --> 1:21:27.080 think we're going to have to dive deeper into that 1:21:27.320 --> 1:21:31.360 because I think that there needs to be some type 1:21:31.360 --> 1:21:35.240 of communication that if someone is borrowing somebody else's vehicle, 1:21:35.920 --> 1:21:38.040 they need to be clear why they are borrowing it, 1:21:38.720 --> 1:21:40.760 you know, and if they don't, if they don't have 1:21:40.880 --> 1:21:44.040 knowledge of it, and they can validate and verify that. 1:21:44.280 --> 1:21:46.880 I think that's something that's a conversation to be had. 1:21:47.520 --> 1:21:50.479 I mean, the goal, the goal here is well, I 1:21:50.560 --> 1:21:52.920 think the goal here is as simple, you know, just 1:21:53.080 --> 1:21:58.519 trying to create a detergent so that people can understand that, 1:21:59.120 --> 1:22:02.280 you know, with lives or risks on our roads, that's 1:22:02.360 --> 1:22:05.280 going to be consequence. That's all I mean. I mean, 1:22:05.479 --> 1:22:08.680 the blast thing I want is to see anybody's you know, 1:22:08.840 --> 1:22:11.960 car taken away or anything like that. All I'm trying 1:22:12.040 --> 1:22:14.519 to do, or all we are trying to do from 1:22:14.640 --> 1:22:18.800 our legislature, is to answer the call of the community. 1:22:19.800 --> 1:22:24.040 Is there a distinction in the bill between participants and 1:22:25.000 --> 1:22:27.480 such spectators? 1:22:30.080 --> 1:22:32.680 I do nothing, so, I mean I don't have to 1:22:32.760 --> 1:22:35.080 deal before me. I'm sorry that do not have the 1:22:35.120 --> 1:22:38.800 build before me. But I don't think there is is there? 1:22:38.920 --> 1:22:40.559 Should there be a subtlety there. I mean, if you're 1:22:40.560 --> 1:22:42.280 there and going, wow, what is I'm stuck in traffic 1:22:42.360 --> 1:22:43.960 and I'm out of my car watching it because I 1:22:44.040 --> 1:22:46.519 can't move. Should I get jammed up like the people 1:22:46.560 --> 1:22:48.400 who are actually doing the donuts and shutting the intersection? 1:22:48.479 --> 1:22:51.280 And should there be even worse penalties if you can 1:22:51.360 --> 1:22:53.920 track down who organize these things, because that's all happening 1:22:53.960 --> 1:22:57.719 on social and online. It's a coordinated group that organize 1:22:57.720 --> 1:23:00.680 the event. These aren't spontaneous. I think there's got to 1:23:00.720 --> 1:23:03.640 be different distinctions there between organizers and people who are 1:23:03.720 --> 1:23:06.080 just watching it, watching it unfold. 1:23:07.920 --> 1:23:12.400 Well, I think they are organizers that they feel that 1:23:13.400 --> 1:23:16.160 they should not be part of this. But I will 1:23:16.240 --> 1:23:20.280 say this, if you're a spectator and you're witnessing that, 1:23:20.600 --> 1:23:24.519 to me, that means that you are in agreement, that 1:23:24.640 --> 1:23:28.400 you're okay with that, and if you especially if you 1:23:28.520 --> 1:23:31.560 know that it's in a legal situation we go on 1:23:31.640 --> 1:23:37.000 in street racing. But I don't think that people that 1:23:37.200 --> 1:23:39.559 are not aware and they happen, Like you just said, 1:23:39.560 --> 1:23:41.800 you're second tracking, you've witnessed what have you? I mean, 1:23:42.320 --> 1:23:46.840 that's you know those are probably you you know, incidents 1:23:47.240 --> 1:23:48.719 because you don't know that it's coming. 1:23:48.880 --> 1:23:49.000 Right. 1:23:49.160 --> 1:23:51.800 It's one thing we know that it's coming and you 1:23:51.920 --> 1:23:54.720 show up, but it's another thing when it's not. I 1:23:54.840 --> 1:23:58.600 think this is all about the people who truly participate 1:23:59.320 --> 1:24:01.360 in it, Okay. 1:24:01.520 --> 1:24:04.080 And that's good. I mean with traffic cameras and video 1:24:04.200 --> 1:24:06.280 and everything else, because they're posting. I mean, I'm just thinking, 1:24:06.439 --> 1:24:08.479 like maybe my daughter, who is of that age, should 1:24:08.479 --> 1:24:10.240 she's sitting in traffic all of a sudden there's a 1:24:10.240 --> 1:24:13.120 street takeover, and she'd probably well, I can't move because 1:24:13.120 --> 1:24:15.519 everything's blocked, get out of her car and probably start 1:24:15.640 --> 1:24:17.320 videoing it, and then it looks like she's a particupan 1:24:17.320 --> 1:24:19.120 you know I'm saying. And there's a very fine line there. 1:24:19.120 --> 1:24:21.439 I think going after those who are actually doing the 1:24:21.560 --> 1:24:24.800 driving and the organization should be the focus of this thing. 1:24:25.760 --> 1:24:27.800 If it passes it, yeah, go ahead. 1:24:29.040 --> 1:24:31.840 Well I think if you're you know, you're caught up 1:24:31.920 --> 1:24:35.679 in such a situation. I mean, the good thing about cameras. 1:24:35.720 --> 1:24:38.920 I know everybody's on license, but the good things about 1:24:39.080 --> 1:24:43.360 cameras is that you see what's really happening. 1:24:43.160 --> 1:24:45.599 Right right, A lot of evidence, there's a lot more evidence, 1:24:45.680 --> 1:24:48.240 and also also I think too that yeah, it's it 1:24:48.360 --> 1:24:51.280 certainly makes I think police a job, the police easier, 1:24:51.320 --> 1:24:53.080 that it makes their job easier, I should say too. 1:24:54.280 --> 1:24:56.880 I just wonder if it changes behavior that much. And 1:24:57.280 --> 1:24:59.559 if you invoke this and you crush a few cars, 1:25:00.000 --> 1:25:01.800 it sends a pretty strong message that we're not going 1:25:01.880 --> 1:25:03.960 to tolerate this stuff. Take it somewhere else, or take 1:25:04.000 --> 1:25:06.599 it to a place that doesn't enact these tough laws. 1:25:06.920 --> 1:25:08.960 But I think there are a lot of constitutional challenges, 1:25:09.080 --> 1:25:10.439 no doubt that you are going to face, and it 1:25:10.520 --> 1:25:13.120 certainly's got to be tweaked at this point. But again, 1:25:13.200 --> 1:25:15.719 it's a Kentucky house built four twenty five way the street. 1:25:15.760 --> 1:25:18.320 Takeover here this weekend in Cincinnati. In Kentucky, there's a 1:25:18.360 --> 1:25:20.160 proposal because they have the same problem in Louisville and 1:25:20.240 --> 1:25:23.280 Lexington and elsewhere. And that is all right, we're gonna 1:25:23.320 --> 1:25:25.479 hit you pretty hard with the first defense, second offense. 1:25:25.720 --> 1:25:28.800 We're gonna take your car and crush it. And you know, 1:25:28.920 --> 1:25:31.439 somebody say, well, taking the driver's license enough. If you 1:25:31.520 --> 1:25:33.920 look at a court docket, is you know Beverly Chester burden, 1:25:34.200 --> 1:25:36.640 There's people drive all the time without a license. The 1:25:36.720 --> 1:25:38.640 fact that you don't have a license, doesn't stop a 1:25:38.720 --> 1:25:40.360 lot of people on the roads. I think there'll be 1:25:40.360 --> 1:25:42.920 a lot fewer drivers if everyone by it. So taking 1:25:43.000 --> 1:25:45.479 your license is not does not mean that you're gonna 1:25:45.600 --> 1:25:47.360 prevent you from driving a car in the first place. 1:25:47.439 --> 1:25:49.320 So what's the time whine forgetting this thing through? 1:25:50.560 --> 1:25:53.880 Well, it's passed in the House yesterday, so now it 1:25:54.000 --> 1:25:56.599 has moved on to the Senate, and I have had 1:25:56.640 --> 1:26:00.519 conversations with people in the Senate that are know, looks 1:26:00.600 --> 1:26:04.240 like it's going to be you know, tracked in such 1:26:04.320 --> 1:26:07.320 a way that it will pass. So Uh, I'm just 1:26:07.439 --> 1:26:10.640 waiting to see the grand finale, and I'm hoping that 1:26:11.680 --> 1:26:15.639 people will look at this as not really a bill 1:26:15.800 --> 1:26:20.240 that we're trying to destroy, you know, entertainment of people 1:26:20.360 --> 1:26:24.160 that like this type of I guess the event, but 1:26:24.400 --> 1:26:26.960 it's the way you go about it. I mean, if 1:26:27.040 --> 1:26:29.679 you are on the highway and if you shut down 1:26:29.960 --> 1:26:34.120 an expressway, uh, and you got cause backed up, that's 1:26:34.200 --> 1:26:37.439 I mean, that's an issue. I would say, either build 1:26:37.479 --> 1:26:40.120 a build a build your own track, or find a 1:26:40.240 --> 1:26:42.479 track or what have you that you think that you 1:26:42.600 --> 1:26:46.680 want to direct race, but not on city roads, not 1:26:46.960 --> 1:26:51.360 in communities not on interstate that's just not appropriate. 1:26:51.760 --> 1:26:56.880 She is a Kentucky Commonwealth representative, Beverly Chester Burton sponsoring 1:26:57.240 --> 1:26:59.639 House Bill four twenty five, which, on a second offense, 1:26:59.680 --> 1:27:01.519 them and Wealth would take your car and crush it 1:27:01.560 --> 1:27:04.320 if you participate in drag racing or street takeovers like 1:27:04.400 --> 1:27:07.240 we saw this past weekend in Cincinnati. And I'm sure 1:27:07.360 --> 1:27:10.439 Ohio lawmakers are looking at you, going maybe how to 1:27:10.520 --> 1:27:12.560 explore this one as we see more street takeovers in 1:27:12.600 --> 1:27:17.000 big cities like Cincinnati, Columbus, Cleveland and elsewhere for that matter. Beverly, 1:27:17.040 --> 1:27:18.200 thanks for coming on the show this morning. 1:27:18.200 --> 1:27:21.920 I appreciate you, absolutely, thank you for the opportunity. 1:27:21.920 --> 1:27:23.680 All right, well speak again. You have a great day. 1:27:23.720 --> 1:27:25.640 Thank you so much. Yeah. The civil libertarian to me 1:27:25.800 --> 1:27:28.439 is like I got some issues with this one. The issue, 1:27:28.479 --> 1:27:30.160 you know, some of the things I pointed out here, 1:27:30.240 --> 1:27:33.000 but you know, the idea of the law is, how 1:27:33.040 --> 1:27:34.719 else are you going to stop people who don't abide 1:27:34.760 --> 1:27:38.040 by fines and forfeiting their driver's license. They're going to 1:27:38.080 --> 1:27:40.640 do it anyway. And if that's what the case is, 1:27:40.640 --> 1:27:41.960 and we know that to be true because there's a 1:27:42.000 --> 1:27:44.040 lot of drivers out there, more than you think. Who 1:27:44.120 --> 1:27:46.799 are driving without an operator's license? Y're driving well suspended. 1:27:46.800 --> 1:27:49.000 The court dotts are full of these things. How else 1:27:49.040 --> 1:27:51.080 do you get someone else's attention? It's certainly an interesting 1:27:51.160 --> 1:27:53.080 question to be answered. Scott's Loan Show. This is seven 1:27:53.160 --> 1:27:55.360 hundred WLW time to. 1:27:55.600 --> 1:27:58.600 Talk about money, how to make it, how to keep it, 1:27:59.000 --> 1:28:01.839 and how to keep there's off your stacks. 1:28:05.479 --> 1:28:08.920 This is all Worth Advice with Andy Schaeffer Andrew. A 1:28:08.960 --> 1:28:10.600 good morning, And is it a good morning today? I 1:28:10.640 --> 1:28:11.240 can never tell. 1:28:12.000 --> 1:28:12.799 It's always good. 1:28:15.000 --> 1:28:16.280 It's always a good morning. 1:28:16.880 --> 1:28:17.800 I don't know. Yeah. 1:28:18.240 --> 1:28:20.200 Yeah, Just don't look at your your four oh one K, 1:28:20.479 --> 1:28:23.680 your investments or anything. Get gas or anything like that, 1:28:23.880 --> 1:28:25.479 or beef for that man. You just see this one. 1:28:26.280 --> 1:28:28.040 We thought the beef prices are going to go down, 1:28:28.280 --> 1:28:32.759 and I think, what was it yesterday? Four thousand workers 1:28:32.800 --> 1:28:35.240 at a meatpacking plan in Colorado walked off the job. 1:28:35.439 --> 1:28:38.760 And it's at the slaughterhouse. The first big walk off 1:28:38.800 --> 1:28:40.960 we've had like this. And we may say beef prices 1:28:41.000 --> 1:28:43.680 go up even further. It's we can't catch a break here. 1:28:45.120 --> 1:28:46.719 Yeah, this is the big one for quite a while. 1:28:47.720 --> 1:28:47.880 You know. 1:28:48.000 --> 1:28:50.640 My understanding is that years ago when we had a 1:28:50.720 --> 1:28:55.439 significant corral, a lot of farmers and ranchers harvest their 1:28:55.520 --> 1:28:59.800 cattle earlier than usual because they wanted to make sure that, 1:29:00.360 --> 1:29:02.400 you know, their beetle was intact and that they were 1:29:02.479 --> 1:29:04.560 able to get that beef to the market. Well, that 1:29:04.920 --> 1:29:08.000 immediately created a shortage over the next couple of years. 1:29:08.040 --> 1:29:09.960 It takes you know, two to three years or so 1:29:10.280 --> 1:29:13.360 fors to become fully mature, be able to harvest, and 1:29:13.560 --> 1:29:18.479 so that is itself caused a decent amount of supply shortage. 1:29:18.520 --> 1:29:23.320 And then you know, secondarily, Mexico had an issue with 1:29:23.439 --> 1:29:26.040 a parasite with a lot of their cattle. And usually 1:29:26.720 --> 1:29:29.120 whatever we have a shortage, we go to Mexico to 1:29:29.240 --> 1:29:32.280 be whatever. You know, we're short as far as the 1:29:32.320 --> 1:29:35.360 cattle industry is concerned, and that significantly damaged kind of 1:29:35.400 --> 1:29:38.320 our backup plan. So, yeah, this is a little unnerving. 1:29:39.240 --> 1:29:40.519 You know, my wife and I like to have a 1:29:40.560 --> 1:29:42.120 stake from time to time. We get it from a 1:29:42.160 --> 1:29:45.719 local farmer who originately here in New Richmond, which is nice, 1:29:45.800 --> 1:29:48.720 but you know, from a national point of view, you 1:29:48.800 --> 1:29:50.880 know you're probably going to see prices continue to anchors. 1:29:51.160 --> 1:29:53.320 Yeah. Yeah, and we love steak and Cincinnati. We have 1:29:53.680 --> 1:29:55.880 a ton of great steak prs and you're gonna sure 1:29:56.000 --> 1:29:58.360 or even a burger for that matter. One of the 1:29:58.479 --> 1:30:00.680 things we saw this week too is and you know 1:30:00.720 --> 1:30:02.800 the past, we talks like, hey, the market's kind of 1:30:02.840 --> 1:30:05.240 got the you know, Trump or any president by this time, 1:30:05.320 --> 1:30:06.880 but kind of baked into the market. We kind of 1:30:06.920 --> 1:30:08.439 know what he's gonna do. He's up and down, but 1:30:08.920 --> 1:30:10.879 you know, the markets are going to stay fairly consistent. 1:30:10.960 --> 1:30:12.920 We've seen a whip saw this week over ran like 1:30:12.960 --> 1:30:15.439 we've never seen before. And one of the stories actually 1:30:15.439 --> 1:30:18.720 in the Financial Times I was reading was that, you know, 1:30:18.880 --> 1:30:21.800 some of investors are taking everything he says literally and 1:30:21.880 --> 1:30:23.719 other ones are ignoring it, and it's causing the markets 1:30:23.720 --> 1:30:25.639 to go up and down. And we really don't see 1:30:25.640 --> 1:30:28.360 it all that much when it comes to this president 1:30:28.479 --> 1:30:29.559 and why is it happening now? 1:30:31.080 --> 1:30:34.320 Well, I think he's very polarizing. You know, I had 1:30:34.400 --> 1:30:37.679 clients that leans far right. I have clients far left, 1:30:37.760 --> 1:30:39.720 and you know a lot of times when you're at 1:30:39.760 --> 1:30:43.360 those edges of the spectrum, you pay attention to the 1:30:43.479 --> 1:30:47.800 news that supports whatever you're thinking is already and some people, 1:30:49.120 --> 1:30:51.920 you know, take Trump at his word, and some people 1:30:52.920 --> 1:30:56.520 understand that there's probably more niversity employees there. But ultimately 1:30:56.960 --> 1:31:00.920 what's causing the volatility is is the price of oil. 1:31:01.320 --> 1:31:03.080 You know, last week we saw the price of oil 1:31:03.120 --> 1:31:06.200 spike above one hundred. Yesterday it came back a little 1:31:06.240 --> 1:31:08.400 bit into the mid nineties, and that's why we saw 1:31:08.479 --> 1:31:11.599 the markets, you know, rise about one percent yesterday because 1:31:11.640 --> 1:31:13.720 everybody's looking at the price of oil in which goes 1:31:14.080 --> 1:31:17.599 on in Iran, and so, you know, it continues to develop. 1:31:17.680 --> 1:31:19.000 You know, we're starting to get a little bit more 1:31:19.040 --> 1:31:20.880 clear to you about what's going on over there. Donald 1:31:20.920 --> 1:31:24.040 Trump is now putting pressure on our NATO partners to 1:31:24.800 --> 1:31:27.920 help him with opening up the straight of Hord News. Furthermore, 1:31:28.160 --> 1:31:31.559 Iran has now allowed some shipping out of the street 1:31:32.439 --> 1:31:35.280 and that caused a little bit of the fears yesterday 1:31:35.320 --> 1:31:37.880 when we saw oil prices fall a little bit. But 1:31:38.040 --> 1:31:40.280 what Iran is doing at this point is they're only 1:31:40.400 --> 1:31:46.880 allowing shipping to some of their partners, including China, India, Pakistan, 1:31:47.240 --> 1:31:50.519 those types of places. But there is some easing there 1:31:50.600 --> 1:31:52.519 now we'll see how that all plays out. The other 1:31:52.560 --> 1:31:54.800 thing you have to understand is that this is the 1:31:54.840 --> 1:31:57.519 straight uphoard moves is pretty cool too. Iran's economy as well. 1:31:58.080 --> 1:32:00.360 You know, even though they're only four percent of a 1:32:00.439 --> 1:32:04.519 global output, they rely on China's income and they want 1:32:04.560 --> 1:32:06.720 to keep in good relations with a lot of their 1:32:06.760 --> 1:32:09.320 trading partners and they don't want them to fall into crisis. 1:32:09.360 --> 1:32:12.720 You know, China depends on Iranian oil, so obviously it's 1:32:12.720 --> 1:32:15.400 in Iran's best interest to send oil to China. And 1:32:15.520 --> 1:32:19.280 so all of those things combined allowed for us to 1:32:19.280 --> 1:32:21.200 see a little bit of a dropping oil prices yesterday. 1:32:21.200 --> 1:32:22.639 And that's why he's just on the market trust. 1:32:22.640 --> 1:32:24.320 And we don't know what the off ramp is going 1:32:24.360 --> 1:32:25.559 to be. A lot of things have been thrown at 1:32:25.560 --> 1:32:27.040 the board. We still don't know the off ramp for 1:32:27.080 --> 1:32:29.720 what's happening in Iran and when we tap out or 1:32:29.760 --> 1:32:32.960 they tap out. But does that then mean that gas 1:32:33.000 --> 1:32:34.840 prices are going to get worse before they get better. 1:32:35.800 --> 1:32:38.200 Yes, yeah, because they lag a little bit, and so 1:32:39.080 --> 1:32:40.799 you know, when you start to look at gas prices, 1:32:40.880 --> 1:32:43.280 expect them to continue to increase. You know, hopefully this 1:32:43.560 --> 1:32:46.240 you know, we find an off rent to this conflict 1:32:46.320 --> 1:32:49.439 over the next couple of weeks, because if we don't 1:32:49.600 --> 1:32:52.360 and we don't see a lot more oil fly going 1:32:52.400 --> 1:32:54.559 through the tradeable moves. You know, we can see oil 1:32:54.600 --> 1:32:57.920 prices continue to rise, and you know, when you go 1:32:58.000 --> 1:33:00.200 back and you look at the data from financial steam point, 1:33:00.320 --> 1:33:03.640 if oil prices start to increase at a rate of 1:33:04.320 --> 1:33:08.559 seventy five percent of higher versus its previous annual has, 1:33:09.360 --> 1:33:11.799 then you can see a conflict as far as inflation 1:33:11.920 --> 1:33:14.200 starting to increase. And that's certainly what we don't want. 1:33:14.280 --> 1:33:16.400 We don't want the Fed to have to reverse years 1:33:16.439 --> 1:33:19.040 and start to raise interest rates again because that can 1:33:19.080 --> 1:33:22.160 certainly push us into recession. So everybody's keeping an eye 1:33:22.200 --> 1:33:24.880 on oil prices and we're also keeping an eye on, 1:33:25.560 --> 1:33:28.400 you know, whether that we can find a solution to 1:33:28.640 --> 1:33:30.240 the conflict that we have in Iran right now. 1:33:30.360 --> 1:33:34.280 And the president was tapping into the strategic petroleum reserve 1:33:34.880 --> 1:33:37.800 that would drop prices down. That that really hasn't it. 1:33:37.840 --> 1:33:40.200 They're dropping for different reasons. But uh, you know it 1:33:40.280 --> 1:33:43.080 was critical when Biden did this, oral Obama did this 1:33:43.320 --> 1:33:45.040 or try you know, it seems like every president's going 1:33:45.080 --> 1:33:47.679 to well, go to the strategic and it doesn't do anything. 1:33:47.800 --> 1:33:50.599 It didn't do anything, you know, three years ago four 1:33:50.680 --> 1:33:53.080 years ago. It's not going to do anything here. 1:33:53.040 --> 1:33:53.200 Is it. 1:33:54.479 --> 1:33:58.040 Well, I think it will alleviate some investor fears, and 1:33:58.320 --> 1:34:00.800 maybe the markets react because of that. Now in the 1:34:00.800 --> 1:34:02.840 big scheme of things, four hundred million barrels a day 1:34:03.200 --> 1:34:06.559 from a global standpoint, you know, it helps a little bit, 1:34:06.680 --> 1:34:09.519 but not significantly. What I do find interesting is that 1:34:09.640 --> 1:34:13.479 we actually lifted some sensions on Russia. Yeah, yes, other 1:34:13.600 --> 1:34:16.640 countries to buy some of its oil and load them 1:34:16.720 --> 1:34:19.200 on vessels. And you know, I found that that was 1:34:20.400 --> 1:34:23.600 you know, an interesting strategy because you know, hopefully that 1:34:23.680 --> 1:34:27.679 will increase oil production throughout the rest of the world. 1:34:27.760 --> 1:34:31.760 But obviously that's against you know, Trump's initial political plan 1:34:31.960 --> 1:34:34.400 to put the class on Russia a little bit. So 1:34:34.840 --> 1:34:36.960 you know, you can kind of feel the administration puckering 1:34:37.000 --> 1:34:38.720 a little bit on this, particularly if they're going to 1:34:38.760 --> 1:34:42.560 give Russia a pats I'm producing again, So you know, 1:34:42.640 --> 1:34:45.880 I think it's coming to a critical moment here over 1:34:45.920 --> 1:34:48.160 the next couple of weeks, and again hopefully we can 1:34:48.439 --> 1:34:49.759 you know, find some type of resolution. 1:34:49.880 --> 1:34:52.120 Well we hope so. And I guess the other thing too, 1:34:52.520 --> 1:34:56.880 is that, at least fundamentally speaking, the economic data is 1:34:57.200 --> 1:34:59.559 pretty steady in that regard, despite where the markets are 1:34:59.560 --> 1:35:02.000 going up and down in the escalation of the Middle 1:35:02.040 --> 1:35:04.800 each you know, we had some economic numbers come out, 1:35:04.840 --> 1:35:06.720 economic data. Why don't we talk about that and maybe 1:35:06.760 --> 1:35:08.599 assuage somebody's fears freaking out right now? 1:35:09.320 --> 1:35:10.880 Yeah, and I think that's really what you want to 1:35:10.920 --> 1:35:14.479 focus on. You know, the global conflicts generally can have 1:35:14.600 --> 1:35:17.360 an impact in markets on a short term perspective, but 1:35:17.960 --> 1:35:22.400 historically they really don't last very long, especially from an 1:35:22.400 --> 1:35:26.000 economic standpoint. So we did get some consumer inflation numbers 1:35:26.640 --> 1:35:29.639 last week. We saw hadline prices rise about point three percent, 1:35:29.720 --> 1:35:32.840 and that's the twelve month print remaining at two point 1:35:32.880 --> 1:35:36.160 four percent, and core inflation, which should excludes food and 1:35:36.280 --> 1:35:39.439 energy experience at point two percent monthly increase, so two 1:35:39.520 --> 1:35:42.639 point five percent year of year. And so generally why 1:35:42.760 --> 1:35:46.120 oil prices grab the headlines. You know, energy only comprises 1:35:46.160 --> 1:35:49.439 of about six percent of our total inflation, but when 1:35:49.520 --> 1:35:52.160 gas prices jump, it can feel like an immediate pay 1:35:52.200 --> 1:35:56.120 cut for consumers. And so, you know, the data has 1:35:56.200 --> 1:35:59.600 been pretty good, Labor market has been steady. You know, 1:35:59.760 --> 1:36:02.559 the the reading that we got two weeks ago wasn't 1:36:02.640 --> 1:36:07.640 very encouraging. We lost ninety two thousand jobs, and you 1:36:07.720 --> 1:36:10.200 know that was a lot less than what I'm sorry, 1:36:10.240 --> 1:36:12.000 a lot more than what's expected. 1:36:13.320 --> 1:36:13.920 So we'll see. 1:36:14.080 --> 1:36:16.360 You know, housing is starting to pick up a little bit. 1:36:16.479 --> 1:36:19.519 We saw home sales rise about one seven percent in January. So, 1:36:20.200 --> 1:36:22.439 you know, other than what's going on in Iran, I 1:36:22.520 --> 1:36:25.200 think you know, the takeaway here is that the economy 1:36:25.439 --> 1:36:26.920 is still plugging along. 1:36:27.080 --> 1:36:27.400 Okay. 1:36:27.640 --> 1:36:30.040 I think there's debolatory that we're seeing right now, the 1:36:30.120 --> 1:36:33.600 anticipation if something can go terribly wrong in Iran. So 1:36:34.120 --> 1:36:36.320 you know, my advice is to continue to stay of course, 1:36:36.400 --> 1:36:39.360 maybe make some small judgment to your portfolio, don't overreact 1:36:39.760 --> 1:36:41.519 to what's going on to you politically right now. 1:36:41.880 --> 1:36:44.080 Andy Schaeffer from all Worth Financial on the show this 1:36:44.200 --> 1:36:47.080 morning every Tuesday morning, a little money update on seven 1:36:47.160 --> 1:36:51.840 hundred WLW. We're seeing a little bit maybe expansion in 1:36:51.920 --> 1:36:54.200 the future. I mean, I know, the markets have been 1:36:54.280 --> 1:36:55.680 up and down and up and down and up and down. 1:36:55.680 --> 1:36:58.320 It's making everyone seasick at this point. But as you said, 1:36:58.360 --> 1:37:02.000 the trajectory overall there of this thing is still moving 1:37:02.040 --> 1:37:02.719 in the right direction. 1:37:03.840 --> 1:37:06.840 Yeah, it is moving in the right direction. And you know, 1:37:06.880 --> 1:37:07.920 I think that's telling. 1:37:08.120 --> 1:37:10.439 You know, when the FED gets together this month, I 1:37:10.479 --> 1:37:13.000 don't expect that we're going to see an interestrate cut. 1:37:13.479 --> 1:37:16.280 I think they can remain patient, but it will be 1:37:16.320 --> 1:37:18.280 interesting to see what kind of guidance we get from 1:37:18.320 --> 1:37:22.040 the Fed, particularly about the potential of inflation and oil 1:37:22.120 --> 1:37:25.160 prices and the like. But I think the Fed is 1:37:25.200 --> 1:37:28.120 remaining patient. I still think that we're probably looking at 1:37:28.880 --> 1:37:32.639 a quarter percent rate cut this summer, most likely in June. 1:37:32.720 --> 1:37:35.040 So nothing has really changed much there. 1:37:35.160 --> 1:37:37.280 Now we will get a lot of the FED members 1:37:37.320 --> 1:37:39.760 given their predictions of what interest rates will look like 1:37:39.840 --> 1:37:42.720 over the next year, so that will be interesting as well, 1:37:42.760 --> 1:37:44.240 and that will give us a little bit of insight 1:37:44.320 --> 1:37:46.000 to how the FED is thinking about not only does 1:37:46.080 --> 1:37:49.160 conflict but the state of our economy in general very good. 1:37:49.720 --> 1:37:51.640 One of the things I saw too, is that that, 1:37:52.040 --> 1:37:54.439 you know, what really drove this huge growth we've seen 1:37:54.479 --> 1:37:56.360 on Wall Street addition to AI, but a lot of 1:37:56.479 --> 1:37:59.960 private credit flooding the market as well, and now investors 1:38:00.040 --> 1:38:01.800 are trying to pull money out of those funds. What's 1:38:01.840 --> 1:38:02.080 going on? 1:38:03.360 --> 1:38:05.880 Yeah, and I think it's private credit is a little 1:38:05.880 --> 1:38:08.320 bit complicated to understand, but essentially you have these big 1:38:08.400 --> 1:38:10.280 hedge funds that offer private credit. 1:38:10.360 --> 1:38:10.920 What does that mean? 1:38:10.960 --> 1:38:14.280 What means private businesses that you know are issue issuing 1:38:15.320 --> 1:38:19.840 capital through loans well with private lending. You know, a 1:38:19.920 --> 1:38:22.760 lot of times these businesses obviously aren't as stable as 1:38:22.800 --> 1:38:25.080 the United States government and don't don't have the bathing 1:38:25.160 --> 1:38:27.479 and so what you get in returned is you get 1:38:27.479 --> 1:38:29.439 a little bit higher return as far as an interest 1:38:29.479 --> 1:38:31.600 rate is concerned. But what we are finding with the 1:38:31.680 --> 1:38:34.840 private credit, particularly when interest rates were low, is that 1:38:34.920 --> 1:38:36.760 a lot of these companies, for a lot of these 1:38:36.760 --> 1:38:39.479 hedge funds, were starting to take more risk in the 1:38:39.560 --> 1:38:43.000 private credit sector, so they were trying to chase yields 1:38:43.000 --> 1:38:44.439 a little bit. So if they wanted to get a 1:38:44.520 --> 1:38:48.840 seven or eight percent return, essentially, they would have to 1:38:49.040 --> 1:38:51.720 look at these businesses that are a little bit more 1:38:51.800 --> 1:38:54.120 risky as far as the health of their business is concerned. 1:38:54.160 --> 1:38:56.680 And what we've seen is that largely some of these 1:38:56.720 --> 1:39:00.000 companies have failed. And so this is starting to ignite 1:39:00.160 --> 1:39:02.679 a little bit of fear for those shareholders that are 1:39:02.720 --> 1:39:07.599 in these private hedge private hedge private funds, and they're 1:39:07.640 --> 1:39:11.920 starting to initiate withdrawals. While these private credit funds at 1:39:11.960 --> 1:39:14.320 this point are starting to limit withdrawals because they want 1:39:14.360 --> 1:39:18.200 to protect and stop the floodgates from completely opening, and 1:39:18.280 --> 1:39:21.760 they're fund collapsing overall. So it's it's started with Blue 1:39:21.800 --> 1:39:23.920 ou Out in California and now we're starting to see 1:39:23.920 --> 1:39:27.040 it with Black Rocks. There's some other providers like KKR 1:39:27.160 --> 1:39:28.880 that are starting to feel the pinch a little bit, 1:39:29.920 --> 1:39:31.519 you know. So I think a lot of times when 1:39:31.560 --> 1:39:34.080 you get into investments, you know, and we do offer 1:39:34.160 --> 1:39:36.800 private credit, I don't particularly have any clients that are 1:39:36.840 --> 1:39:39.920 in it, but when you get into invest investments that are, 1:39:40.320 --> 1:39:43.799 you know, touting specific returns that seem higher than normal, 1:39:44.080 --> 1:39:46.640 there's going to be some risk involved with that. So 1:39:47.400 --> 1:39:49.320 you want to make sure that you understand what types 1:39:49.320 --> 1:39:51.680 of investments you're getting in because they do all have risk. 1:39:52.040 --> 1:39:55.320 Okay, we're seeing a time now where you know, gas 1:39:55.360 --> 1:39:57.840 price are up. We led Andy Schaeffer with beef going 1:39:57.960 --> 1:40:01.280 up and the markets right, everyone's feeling absolutely you know, 1:40:01.520 --> 1:40:05.200 unless you've got crazy mad money, you're not feeling it 1:40:05.240 --> 1:40:07.200 at all. But let's face it, for most of us, 1:40:07.240 --> 1:40:09.280 we're feeling this, and the lower down you are on 1:40:09.280 --> 1:40:11.840 the economic scale, you feel the hell of a lot more. 1:40:12.080 --> 1:40:13.640 I did notice this for those of us kind of 1:40:13.640 --> 1:40:15.160 the middle and the upper part of that is the 1:40:15.400 --> 1:40:18.000 we have a record number of people who are taking money, 1:40:18.080 --> 1:40:20.760 pulling money from their far one k I think the 1:40:20.920 --> 1:40:22.439 genius though, is why they're doing that. 1:40:24.080 --> 1:40:26.160 Yeah, I think you know, a lot of people are 1:40:26.200 --> 1:40:29.160 starting to implement these hardship withdrawals. We're starting to see 1:40:29.600 --> 1:40:33.240 increase there. You know, hardship withdrawals can be anything from 1:40:33.280 --> 1:40:41.200 metal expenses you're purchasing a primary residence, tuition, funeral, expensive disasters, 1:40:41.280 --> 1:40:45.560 this types of thing. They've also actually expanded some of 1:40:45.600 --> 1:40:47.439 the reasons that you can take a hardship withdrawal to 1:40:47.520 --> 1:40:50.439 include things like domestic abuse. So I think that's good 1:40:50.560 --> 1:40:53.120 on the surface, but a lot of people are starting 1:40:53.160 --> 1:40:55.200 to tap in that resource. The problem is is that 1:40:55.960 --> 1:40:58.040 you know, you can pay taxes if you're under fifty 1:40:58.080 --> 1:41:00.800 nine and a half on those withdrawals, and potentially a 1:41:00.880 --> 1:41:03.760 ten percent penalty as well. So you should use it 1:41:03.800 --> 1:41:05.960 as a last resort, and furthermore, a lot of times 1:41:06.040 --> 1:41:08.760 people might look into maybe potentially taking a loan out 1:41:08.760 --> 1:41:11.160 of a four one KSE. The problem with that is 1:41:11.280 --> 1:41:12.680 is not only do you have to pay it five 1:41:12.760 --> 1:41:14.840 typically at a time for a about five years. But 1:41:14.960 --> 1:41:17.120 any money that you're pulling out of the market, you're 1:41:17.200 --> 1:41:21.880 losing that opportunity to participate in the returns of the market. 1:41:22.240 --> 1:41:23.680 And so if you had a loan out over the 1:41:23.760 --> 1:41:26.040 last three years in the market of fifteen to fifteen 1:41:26.080 --> 1:41:28.320 percent each year, you know you're missing out on some 1:41:28.520 --> 1:41:31.280 significant returns. Now, it is a last resort. It is 1:41:31.360 --> 1:41:33.720 a provision that I do support, and it does come 1:41:33.760 --> 1:41:35.320 in handy for people that are in a pinch. 1:41:36.120 --> 1:41:37.559 But I do think that you should use it as 1:41:37.600 --> 1:41:38.200 a last resort. 1:41:38.439 --> 1:41:39.479 But there are a lot of people that do it 1:41:39.560 --> 1:41:41.360 and say, you know what, I don't know if I'm 1:41:41.360 --> 1:41:43.360 gonna be alive in five, ten, twenty years, whatever the 1:41:43.439 --> 1:41:45.040 hell with that. I'm going to live for today. I 1:41:45.160 --> 1:41:46.800 kind of get that line of thinking. But you are 1:41:46.840 --> 1:41:47.679 slitting your own throat. 1:41:49.040 --> 1:41:54.920 Yeah, yeah, And unfortunately, most people's wealth is tied up 1:41:54.960 --> 1:41:57.640 into two things. It's tied up into their home and 1:41:57.680 --> 1:41:59.840 it's tied up into their four to one case. That 1:42:00.160 --> 1:42:02.000 is the standard of retirement planning. 1:42:02.600 --> 1:42:03.080 These things. 1:42:03.120 --> 1:42:05.960 You know back in two generations ago, is you work 1:42:06.000 --> 1:42:09.160 at one company for forty years, you get a pension 1:42:09.200 --> 1:42:11.120 and you get your social Security. There really wasn't a 1:42:11.120 --> 1:42:13.880 whole lot of investing. Well now most money is tied 1:42:13.960 --> 1:42:18.920 up into two entities that aren't exactly liquid until you 1:42:19.120 --> 1:42:22.760 retire or have the flexibility to move, and so this 1:42:22.960 --> 1:42:26.759 does provide a provision for that, you know, but hopefully 1:42:27.200 --> 1:42:29.320 people are starting to save a little bit more. That's 1:42:29.320 --> 1:42:31.200 why it's so important to have a decent amount of 1:42:31.240 --> 1:42:34.439 cash reserves that are at state in case you do 1:42:34.760 --> 1:42:36.960 come across emergencies where you don't even have to have 1:42:37.240 --> 1:42:39.040 this type of option. I know it's hard out there 1:42:39.080 --> 1:42:42.320 for most savers and most consumers here in the United States, 1:42:42.400 --> 1:42:44.400 but try to put a little bit away each month, 1:42:44.439 --> 1:42:47.080 trying to put twenty five dollars away, maybe fifty dollars away, 1:42:47.120 --> 1:42:49.640 and ultimately that you know, you take that out of 1:42:49.680 --> 1:42:52.439 your paycheck instead of it aside, and you know your 1:42:52.479 --> 1:42:54.760 lifestyle will adjust to that, and then if you do 1:42:54.920 --> 1:42:56.840 come across an emergency in your life, you'll have that 1:42:56.920 --> 1:42:59.120 available and you don't have to worry about tapping into 1:42:59.160 --> 1:42:59.880 these types of bums. 1:43:00.200 --> 1:43:01.800 It's a miracle of compounding, right. We look at the 1:43:01.840 --> 1:43:04.760 markets and but again they continue to grow and your 1:43:04.880 --> 1:43:08.200 your assetal grows well. Andy Schaeffer from all Worth Financial. 1:43:08.280 --> 1:43:10.439 Their show is Simply Money Ares at six o'clock week 1:43:10.560 --> 1:43:12.879 nights on fifty five care see and via the podcast 1:43:12.920 --> 1:43:14.679 as well. Drew, have a great week. We'll talk again 1:43:14.760 --> 1:43:20.479 next Tuesday, hopefully with better news. Always optimistic, optimistic. It's 1:43:20.520 --> 1:43:22.320 going to grow. It always grows, It does, it does. 1:43:23.000 --> 1:43:25.000 Willie is on the way in just a few minutes, 1:43:25.040 --> 1:43:27.840 right after news here and the national anthem, and of 1:43:27.920 --> 1:43:31.840 course we are getting ready for baseball. We're inside two weeks. 1:43:31.880 --> 1:43:32.479 Can you believe it? 1:43:32.560 --> 1:43:32.600 So? 1:43:32.680 --> 1:43:34.679 Home of the Red seven hundred wwt Cincinat