Speaker 1: Do you want to be an American idiot?
Speaker 2: Scott flowing back on seven hundred. Wow, mother nature will
Speaker 2: not let it go holding a grudge like my mom.
Speaker 2: Good lord, We'll let it go. It's over, it's done
Speaker 2: with winter. Uh So five months on the sidelines. Now,
Speaker 2: it has been five months since they canned Chief Teresa
Speaker 2: Thiji from Cincinnati Police. Five months. Well, I shouldn't say it,
Speaker 2: and she's she's on leave or whatever they call suspended,
Speaker 2: but five months, come on, So her, this now exiled
Speaker 2: woman is fighting back. Her attorney came out hot yesterday
Speaker 2: calling this whole investigation a hatchet job, because this is
Speaker 2: the third extension they've had for Frost Brown Todd to
Speaker 2: do an investigation to find out why they fired someone
Speaker 2: five months ago. Normally you have costs at the beginning,
Speaker 2: not at the end. It's a cluster or waiting for
Speaker 2: the report to come out in two weeks. So what's
Speaker 2: the strategy here on that is a local attorney, former
Speaker 2: defense attorney in private practice now and UH employment law
Speaker 2: expert Jason Phillibum Jason, welcome, harre.
Speaker 3: You, good morning, doing very well, thank you.
Speaker 2: Yeah, So Fiji had been unpaid administry forin since October
Speaker 2: of last year, so that's almost five months. I said.
Speaker 2: Frost Brown Todd is doing the investigation. They've now extended it.
Speaker 2: It's gonna be they're finally wrapping up, I guess at
Speaker 2: the end of this month. So he got a couple
Speaker 2: of weeks.
Speaker 4: Uh.
Speaker 2: Stephen m a very good employment lawyer, held a press
Speaker 2: conference yesterday. He said the whole thing was a hatchet job,
Speaker 2: and he warned the city uh that they're going to
Speaker 2: move forward with a lawsuit. He claims that she was
Speaker 2: usually a scapegoat during the election last fall, that violent
Speaker 2: crime is actually up since she's removed, and no one's
Speaker 2: saying that interim chief Henney should be let go, and
Speaker 2: she wants her job back. And this is a classic
Speaker 2: employment litigation pre positioning. And he's playing the game pretty well.
Speaker 2: But let's begin with some of the more obvious questions
Speaker 2: now that everyone's up to date on what's going on
Speaker 2: with Terry Thiji. So the hatchet job comment before the
Speaker 2: report's released, that is that smart? Does that risk alienating
Speaker 2: a potential jury pool down the road? Is that the
Speaker 2: right play?
Speaker 5: It almost tells you that they think something bad is coming.
Speaker 5: Because I thought it was pretty interesting that he would
Speaker 5: come out. He would basically put one of their strongest
Speaker 5: arguments up front, which is, hey, crime has gone up.
Speaker 5: I mean quantitatively. It's just like fifty two deaths in
Speaker 5: the first you know, two three months, where it was
Speaker 5: only thirty two the year before. So there's a quantitative
Speaker 5: number right here, and we're still investigating this woman and
Speaker 5: that's wrong. So I think that's interesting because what it
Speaker 5: allows is it's almost like the Supreme Court argument before
Speaker 5: brief comes out, they all tell each other what they're
Speaker 5: going to say, and then they write their descents ahead
Speaker 5: of time. Its almost like he did that, and now
Speaker 5: it almost gives the other side a chance to put
Speaker 5: that number in in the report and say, yes, that's true.
Speaker 5: But and then they explain it away. So I found
Speaker 5: it interesting. I think it has some strategic value. But
Speaker 5: I also think that it tells us that there's probably
Speaker 5: a negative report coming.
Speaker 2: Yeah, I would think so too. But but also can
Speaker 2: the defect Can Steve im here play that, well, it
Speaker 2: took you five months to final Why did it take
Speaker 2: five months if you had all this stuff against her?
Speaker 2: Why did we wait five months to do this? Why
Speaker 2: didn't you build a case before you fired her and
Speaker 2: then presented to her when she was terminated or at
Speaker 2: least done leave.
Speaker 4: Yeah.
Speaker 5: First, the first thought that comes to my head is
Speaker 5: that the old saying where you find me a person,
Speaker 5: and I'll find you a crime.
Speaker 2: Correct.
Speaker 5: I mean some moost like that where they're they're now
Speaker 5: searching and they're turning under you know, every stone looking
Speaker 5: for something. And what bothers me is, yes, it takes
Speaker 5: five months. They're just going to say we're being thorough,
Speaker 5: we want to be very thorough, we want to make
Speaker 5: sure we've talked to everybody. But I'm also again reading
Speaker 5: the tea leaves, I'm guessing there's there's probably some policy
Speaker 5: that she violated, or maybe not one that she violated,
Speaker 5: something that she left you know, her her staff violate.
Speaker 5: That's probably what it's going to come down to. But
Speaker 5: you know that I've told people about this is look,
Speaker 5: at the end of the day of police chief or crime.
Speaker 5: In my opinion of twenty six years, crime happens because
Speaker 5: the police chief is not you know, doing something correctly,
Speaker 5: the judicial system is not enforcing.
Speaker 3: Well, or you know, you're not hiring enough.
Speaker 5: Because she only has control of one of those and
Speaker 5: the one that she has control over. There's now statistics
Speaker 5: from her attorney that the new interim police chief done
Speaker 5: something that actually made crime go up. So the only
Speaker 5: thing she had control about shows that the new guy
Speaker 5: is actually not doing as well as her.
Speaker 2: And you know, you mentioned that there's a pre coops
Speaker 2: use that pretext all the time when they pull someone over.
Speaker 2: They okay, you know, I think something's going on here.
Speaker 2: They touched their wheel, touch the fog line, or uh,
Speaker 2: you know, the third break light is out, or you
Speaker 2: didn't see you to the signal too earlier to I mean,
Speaker 2: they if they're going to pull you, they're going to
Speaker 2: find a reason. Same thing here, we're gonna we're gonna
Speaker 2: fire you and then find the reason why. But so
Speaker 2: now it's what two weeks out before this report drops?
Speaker 2: What is him actually trying to accomplish legally? Two weeks
Speaker 2: before why now? Why yesterday?
Speaker 3: I think he's probably trying to control the.
Speaker 5: Narrative only because he's expecting a bad report. I mean,
Speaker 5: some of the strongest arguments is that she was let
Speaker 5: go two weeks before the election. There's a strong argument
Speaker 5: that if the mayor would have lost the election and
Speaker 5: the senior manager might have been out to because he
Speaker 5: appoints it, then the city council approves her appointment. But
Speaker 5: so there's a strong argument this was political. Someone had
Speaker 5: to be the scapegoat or rising crime because that's something
Speaker 5: that the elector they just they don't want to tolerate anymore.
Speaker 5: So that's one thing. And then secondly, now that you're
Speaker 5: getting ready to because once you file that lawsuit, then
Speaker 5: you have to be very careful in what you say
Speaker 5: because then courts get mad if you start talking when
Speaker 5: there's a pending lawsuits. So it's almost like he use
Speaker 5: his strongest argument now because as soon as the report
Speaker 5: comes out, they're probably going to file something as soon
Speaker 5: as possible, and then at that point he's going to
Speaker 5: have to be a little bit more careful about what
Speaker 5: he talks about.
Speaker 2: Gotcha, he made the direct comparisons you did and how
Speaker 2: Fiji was treated versus Chief Henny Interim Chief Henny. Why
Speaker 2: is that comparison so important in this in a wrong
Speaker 2: ful termination claim?
Speaker 5: Well, I think there's a number of things you look
Speaker 5: at when someone's treated differently, and one of them is
Speaker 5: by gender. So was she treated differently than the male counterpart? Was,
Speaker 5: you know, and then you go into things of that nature,
Speaker 5: and then you have to again look at quantifiable numbers
Speaker 5: because I'm guessing that you know, policies that were broken
Speaker 5: here when they do a full investigation, they were probably
Speaker 5: broken across you know, It's like anything like you said, driving,
Speaker 5: I mean, how many people speed, you know, even if
Speaker 5: it's one, two, three miles, Well, technically that's the violation
Speaker 5: of the law. So I think you're going to find
Speaker 5: some technical issues. And then the argument she's going to
Speaker 5: bring up as we'll wait a second, I'm the only
Speaker 5: one being mistreated, and I happen to be a female,
Speaker 5: which is a protected class. All the men that came
Speaker 5: before me and after me that were allowing the same thing,
Speaker 5: they weren't treated that way, and so that's going to
Speaker 5: be one of their strongest arguments for an employment.
Speaker 3: You know, discrimination or something of that nature.
Speaker 2: Does age factor in as well as sex.
Speaker 3: It does.
Speaker 5: Anyone over forty is a protected class too. But if
Speaker 5: everyone that the police chief is over forty, then that
Speaker 5: kind of negate that she's being treatedly different than maybe
Speaker 5: another police sheef because I'm not aware of any that
Speaker 5: have been under forty, So age is a protected class,
Speaker 5: but I don't know that it would play that much
Speaker 5: of it is because other police chiefs are probably around
Speaker 5: her age as well.
Speaker 2: Attorney Jason Phillibaum on the show explaining the intricacies of
Speaker 2: yesterday's press comforts by Stephen m the attorney for interim
Speaker 2: well a former former chief Terry Fiji. The interim is
Speaker 2: Adam Henny and calling this whole instigation that's been going
Speaker 2: on now for five months. They terminated essentially five months ago,
Speaker 2: and now they're going to come up with a report
Speaker 2: just about two weeks away that tells you why they
Speaker 2: fired her in the first place. I think most people
Speaker 2: look at that and go, okay, it sounds like a
Speaker 2: hatchet job. So using those words, I think we're correct.
Speaker 2: But he's setting the stage here, obviously positioning, prepositioning for
Speaker 2: what's about to come out. He specifically tied her removal
Speaker 2: to the timing of the election last October November. So
Speaker 2: how hard is that to prove political motivation was the
Speaker 2: real reason behind this move? And because it's it's you know,
Speaker 2: if you throw something out there that you can't substantiate,
Speaker 2: because only a fool, I have to have pure of
Speaker 2: all is no fool would say yeah, of course as
Speaker 2: political entirely. That's a whole separate incident and problems for
Speaker 2: the city and in particular the mayor legally speaking, so
Speaker 2: he can't confirm that. He just ignores it. So if
Speaker 2: you throw something like that out, it kind of just
Speaker 2: floats out there. That does that help him?
Speaker 3: Yeah, it does.
Speaker 5: It's like motive, motive and a murder case. You have
Speaker 5: to prove why someone did what they did, but having
Speaker 5: that information is just now extra flavor to the case.
Speaker 5: That makes a lot worse sense. So when you go
Speaker 5: into a trial on this you wrongful termination. Essentially, you're
Speaker 5: going to claim that this was all political, and you
Speaker 5: may not be able to prove that there's an email
Speaker 5: going from the mayor to the city manager saying, hey,
Speaker 5: get rid of her. But at the end of the day,
Speaker 5: you're fighting for your political life, You're two weeks away
Speaker 5: from an election, and you're let go when no one
Speaker 5: else that's been inder the same situations and let go.
Speaker 3: I think the argument is this is this.
Speaker 5: Is political, and then whether or not the jury agrees
Speaker 5: with that or not, it just kind of adds flavor
Speaker 5: to Hey, who was this female treated differently than the
Speaker 5: other males. And then you know, if I were the mayor,
Speaker 5: I'd almost lean into it. I'd say, yes, it's political,
Speaker 5: that's my job. My job is to make sure I
Speaker 5: do what the people want me to do. People were
Speaker 5: getting upset about crime, and so I replaced the police chief.
Speaker 5: It's like, if you lean into it, you could try
Speaker 5: to make an argument that yes, I'm doing what the
Speaker 5: people want. You know, they want me to make sure,
Speaker 5: you know, city is safe. So I don't know that.
Speaker 5: If I were the city I would stay away from
Speaker 5: that as much. But you know, at the end of
Speaker 5: the day, I'm guessing. You know, the way politics are
Speaker 5: and everyone hates politicians, they'll probably say, no, this is
Speaker 5: because of a policy. But that's the other thing is
Speaker 5: they didn't know about the policy until after the investigation.
Speaker 5: That's the other strong argument that she's going to make
Speaker 5: is a wait a second, You found that that I
Speaker 5: touched that white line after the fact, Yeah, how can
Speaker 5: that be used to justify my removal?
Speaker 2: In October, Jason Philibum Terry cig signed a memo. There
Speaker 2: was a memo that that said she serves at the
Speaker 2: pleasure of the city manager. Does that does that undermine
Speaker 2: her legal opinion.
Speaker 5: Here, not necessarily, because everyone here in Ohio is at will,
Speaker 5: which means you can be terminated for any reason. I
Speaker 5: had a client called me up the other day that
Speaker 5: thought their boss was being a jerk, and I had
Speaker 5: to say, I'm sorry, but being a jerk is not
Speaker 5: against the lall. Now, certain things that they may do
Speaker 5: could rise to the level, but you know you're at will.
Speaker 5: If they want to let you go because they don't
Speaker 5: like you anymore, then theoretically they can. Now if they
Speaker 5: let you go because you're the female in the office
Speaker 5: and all the other men aren't being let go, now
Speaker 5: you have an argument that you're being treated differently. So
Speaker 5: in that particular case, the fact that you know the
Speaker 5: city manager you serve with the pleasure, that's true, you're
Speaker 5: at will. But at the end of the day, that
Speaker 5: doesn't mean they can terminate you just because you know
Speaker 5: of a protected class reason or something like that. So
Speaker 5: if it's you know, I think if again, if they
Speaker 5: leaned into it, if they just said we want to
Speaker 5: make a change, we don't like the direction this is going,
Speaker 5: and then they just made a change, I think they
Speaker 5: would have almost a better situation.
Speaker 3: Than if they went through this whole investigation.
Speaker 5: Is now it looks like she's being treated differently than
Speaker 5: the other males, and then that's going to be the
Speaker 5: strongest argument that she makes when they get in the court.
Speaker 2: Well, that whole at the pleasure thing. At the same time,
Speaker 2: it goes the other way. That knife cuts both ways.
Speaker 2: A city manager share long has the authority to fire
Speaker 2: the chief without cause. So why go throughout five months
Speaker 2: multi extended with three times extended investigation for this if
Speaker 2: you could just fire her anyway.
Speaker 5: Yeah, it's like, you know, going back to that murder
Speaker 5: case where the spouse shoots the other one in self
Speaker 5: defense and then instead of just calling the police and saying, hey,
Speaker 5: I did it self defense, they start hiding the weapon,
Speaker 5: they start cleaning up the and then all of a sudden,
Speaker 5: you know, they're not going to believe that self defense
Speaker 5: claim anymore.
Speaker 3: So in this situation, if they just said I'm getting ready.
Speaker 5: Because crime going up and that's not tolerable right now,
Speaker 5: they would probably have a stronger case.
Speaker 3: And oh, well, let's put you aside.
Speaker 5: It's doing an investigation and now we're going to let Now,
Speaker 5: now it's going to almost look like a cover up,
Speaker 5: and that's what you end up running into when when
Speaker 5: you get into corn is if they think trying to
Speaker 5: hide something, then you're going to be not so trusted
Speaker 5: and your reasoning won't be trusted either.
Speaker 2: If the city fires are after this report comes out,
Speaker 2: what claims you think Steven m files on her behalf wrong, coltrimination, defamation,
Speaker 2: something else.
Speaker 5: Yeah, I think those are gonna be the big claims
Speaker 5: that they go after. I also think, you know, what
Speaker 5: kind of investigation, whether or not that was fair, whether
Speaker 5: or not anything was coerced. You might have some you know,
Speaker 5: for example, she still may have friends in that police department,
Speaker 5: and they may come to them and say that the investigation,
Speaker 5: you know, they were using some pretty severe techniques to
Speaker 5: try to get information, like you better tell us what's
Speaker 5: going on.
Speaker 3: We're gonna let you go too.
Speaker 5: If those allegations come out, that could rise to another offense.
Speaker 5: So I think the big ones is you're going to
Speaker 5: see basically an employment as well as defamation, and then,
Speaker 5: you know, whatever this report comes out, it'll be interesting
Speaker 5: to see if if she still has some friends in
Speaker 5: the department that come forward and sort of whistleblow on
Speaker 5: the whistle blowers.
Speaker 3: Yeah.
Speaker 2: I think the other interesting element of this is if
Speaker 2: this helps or hurts, or maybe it doesn't matter. I
Speaker 2: don't know. So the city spent five months and had
Speaker 2: a contract with Frost Brown Tide to investigate. They extended
Speaker 2: a second time, extended it a third time to the
Speaker 2: end of this month, and we think this is the
Speaker 2: last one. They could extend it again. Who knows. Does
Speaker 2: the length of that process help or hurt Terry Cig's case, I.
Speaker 5: Think it helps because the argument is, you spent five
Speaker 5: months reviewing my driving pattern and all you can do
Speaker 5: is find one time when I touched the line are
Speaker 5: you can think, or one time that I went five
Speaker 5: miles over? I think I think that's the argument is
Speaker 5: you're gonna you're taking so long and at the end
Speaker 5: of the day, you were only able to find.
Speaker 3: These the couple of things.
Speaker 5: Now, the other argument, again trying to argue both sides,
Speaker 5: is it might be so wrought with corruption that it
Speaker 5: just took longer because one thing led to another and another.
Speaker 5: And so it also depends on what comes out. If
Speaker 5: two violations come out and it took five months to
Speaker 5: find that, it's going to be a huge argument for her,
Speaker 5: if there's fifty thousand violations that happened over a course
Speaker 5: of her employment, then all of a sudden, it's like, well,
Speaker 5: of course it's taken so long. They've had to investigate
Speaker 5: every single complaint, every single rumor and everything like that.
Speaker 5: And so I think, you know, what happens at the
Speaker 5: end of this report will tell us whether that's je files.
Speaker 2: I mean, if anything rise to criminal conduct and the
Speaker 2: like that, it's like, well, who's overseeing the police department.
Speaker 2: It's that's a city manager's office. You know, the more
Speaker 2: they say, hey, she did all this stuff, doesn't that
Speaker 2: also indict the city manager?
Speaker 5: They can absolutely you know. You know one of the
Speaker 5: biggest mistakes that police officers make is they run a
Speaker 5: license plate for a friend, and that's a big no no,
Speaker 5: that's a crime, and that gets a lot of people
Speaker 5: into trouble. Well, if that's happening all over Cincinnati, then
Speaker 5: then upper manage had the problem because they're not doing
Speaker 5: anything to check that, right, and I think that would
Speaker 5: then fall yes on the city manager. So there's another
Speaker 5: double edged sword here, which is how how bad is
Speaker 5: the alleged corruption they're looking at? Because it was really
Speaker 5: bad then it goes all the way to the top. Yeah,
Speaker 5: just past the you know, just.
Speaker 2: How well, then it becomes political again. And the other
Speaker 2: thing too is the communications. Internal communications are part of
Speaker 2: Discovery praised her leadership at the same time they're building
Speaker 2: a public case against her that seems pretty damaging.
Speaker 5: Absolutely. I tell that to people all the time. You
Speaker 5: got a perfect review and then three days later they
Speaker 5: let you go because you're a bad employee.
Speaker 3: That doesn't fly.
Speaker 5: And so that's another thing that she's going to argue
Speaker 5: is I've got great reviews up until two weeks before
Speaker 5: the election, when all of a sudden, crime is on
Speaker 5: the on the ballot, and then I get let go
Speaker 5: of the scapegoat. That's gonna be another strong point that
Speaker 5: she has to say that this is political, this is
Speaker 5: a witch hunt. I am basically the scapegoat that we
Speaker 5: need to you know, sure, we need time again.
Speaker 3: Sorry. I think I think all that goes into play. Absolutely. Yeah.
Speaker 2: M came out and said, well she should get her
Speaker 2: job back. That with the chances of that are probably
Speaker 2: what one percent, right, the likelihood is a huge settlement.
Speaker 5: Yes, I think that's you know, if that could be
Speaker 5: another reason for the extension too is look, we haven't
Speaker 5: really found anything that's going to justify a huge win
Speaker 5: in court, So that's let's figure out a win win
Speaker 5: you you know, voluntarily move on and retire and we
Speaker 5: pay you out and then we can kind of get
Speaker 5: out of this with you know, both sides winning. That
Speaker 5: would be the reason for the extension too.
Speaker 2: You never know, she's going to drop in a couple
Speaker 2: of weeks. We'll know then. Jason Phillibum, of course, fantastic
Speaker 2: defense attorney, employment law expert, as well his two cents
Speaker 2: on what went down yesterday with the Terry Fiji Stephen
Speaker 2: m press conference. It was a shot across about of
Speaker 2: the city calling this thing a hatchet job. When the
Speaker 2: report comes out, we'll find out what that means. Jason,
Speaker 2: all the best, Bomber, Take care.
Speaker 3: I appreciate it, thank you.
Speaker 2: News is coming up in just seconds here on the
Speaker 2: big one hell of a traffic day today. It seems
Speaker 2: like everything was shut down because of the inclement Weatherful
Speaker 2: details coming up in news and more one return, including
Speaker 2: a little bit more on this and how Terry Fiji
Speaker 2: plays into Saint Patrick's day today. What I'll pull those
Speaker 2: things again because it's about consistency. There's some inconsistencies here.
Speaker 2: We'll get into that after news on the Big One. Sorry,
Speaker 2: that was an interesting press conference yesterday with Stephen m
Speaker 2: in the case of Terry Thiji, the interesting case of
Speaker 2: the former and I say former although she hasn't been
Speaker 2: fired police chief Terry Thiji and Jason Phillibaum are legal
Speaker 2: expert on the Scott Sloan Show said well, you know
Speaker 2: you also have sex and or age discrimination in there too,
Speaker 2: because those are protected classes. And man, there's a lot
Speaker 2: of protected classes these days, right, and that is just
Speaker 2: you know, the legal definition should be a group of
Speaker 2: people legally protected from employment, housing, public accommodation discrimination based
Speaker 2: on things like race, ethnicity, gender, age, religion, disability. Basically,
Speaker 2: can't mistreat someone who can't help where or how or
Speaker 2: to whom they were born, right, And that's a pretty
Speaker 2: good legal standard. I think it's hard to argue that
Speaker 2: going to I can't change who I was born to
Speaker 2: what I was born, and what I look like. But
Speaker 2: I want to bring this back. I said, there's a
Speaker 2: talie in here, with today being Saint Patrick's day in
Speaker 2: this Terry Thiji thing, and I if you listen to
Speaker 2: the show for any like the time. You know, I
Speaker 2: try to be consistent.
Speaker 4: I like to.
Speaker 2: Not look at it from a political bias or whatever
Speaker 2: the bias might be. And it's hard to do because
Speaker 2: we're all biased in some way, shape or form. But
Speaker 2: I just look I want the rules to apply to
Speaker 2: everyone equally. And it's a tough time for someone like
Speaker 2: that to be alive these days. If you're like that,
Speaker 2: you feel me. And so I bring this up on
Speaker 2: Saint Patti's Day and you want to talk about a
Speaker 2: great example of our cultural sensitivities and also protected groups.
Speaker 2: Let me ask you something, where else can you have
Speaker 2: a leprechaun logo? You know, a height challenge, verdict challenged, firecrotch,
Speaker 2: red bearded mascot, and the logo goes on everything and
Speaker 2: no one is screaming about racism, ethnicity or ready for it,
Speaker 2: cultural misappropriation. Where are the cultural misappropriation crowd? Where are they?
Speaker 2: Where are they? On Saint Patrick's Day? A lot of
Speaker 2: other ethnic holidays are things you point out are like, no,
Speaker 2: we can't, you can't do that. You know, when I
Speaker 2: someone who is not I don't know hispanic opens up
Speaker 2: a taco stand or tries to. There's some things long
Speaker 2: ago where where you know, you have fusion cuisine, which
Speaker 2: is the combination of two different cuisines into something else.
Speaker 2: And we've always done that in America. And people are
Speaker 2: losing their minds because white people are cooking Hispanic food.
Speaker 2: It's cultural misappropriation. Shut the hell up. They're just trying
Speaker 2: to make money, is what they're doing. They're ready to
Speaker 2: come up with something new, and I think it's a
Speaker 2: great You know, if we have this established cultural framework,
Speaker 2: in this doxing and cancel culture in which we currently
Speaker 2: live that says its stereotypical ethnic caricatures cause harm, then
Speaker 2: me being mister consistency, is that standard has to fly
Speaker 2: across the board. We're not gonna talk about principles or politics.
Speaker 2: So if you look at a leprechaun, by every objective
Speaker 2: matter measure, it's it's an ethnic caricature. You've got a short,
Speaker 2: red haired, green clad irishman obsessed with gold and drinking.
Speaker 2: I mean, if you ran that through the DEI computer,
Speaker 2: it would explode. Okay, drink. He's a drunk and he's
Speaker 2: obsessed with gold, and he's got red hair and he's short.
Speaker 2: The Chillele. Yeah, that's well, that's the third We put
Speaker 2: your lips on the third rail there, Clark. But again
Speaker 2: we have this selective enforcement of cultural sensitivity rules. It
Speaker 2: exposes the whole thing is a fraud. It's a power play.
Speaker 2: It's not a moral standard. The whole thing's a fraud.
Speaker 2: And this fits into DEI as well. It reduces a
Speaker 2: nationale to a mythological figure which I lean into. I
Speaker 2: think that part Irish. Why I identify more as Italian,
Speaker 2: but I got that Irish sloan. That's pretty Irish name,
Speaker 2: and reinforces the drinking stereotype that Irish all drunks, and
Speaker 2: the whole wow, they don't mind defense that doesn't hold.
Speaker 2: We reject that argument for every other group. Why this
Speaker 2: one and the whole image itself was kind of born
Speaker 2: from mockery, the vaudeville age, you know, the eye bumbling,
Speaker 2: superstitious drunk was a stock comedy character back in the
Speaker 2: eighteen hundreds and nineteen hundreds, and the leprechaonus direct descend
Speaker 2: into that that type of ridicule and publish, well, well
Speaker 2: you know it's it's a different thing. Well, why because
Speaker 2: you're white Europeans, I mean, if you are a cultural
Speaker 2: warrior and you object to cultural misappropriation and dangerous stereoisis,
Speaker 2: where are those people today? They're at the bar drinking
Speaker 2: green beer, wearing a silly hat. That's what they're doing.
Speaker 2: I mean, it's such a This to me just is
Speaker 2: just another or this is another brick in the wall
Speaker 2: and trying to segregate DEI because at the heart of
Speaker 2: DEI and you know, certainly I think there's a period
Speaker 2: of time certainly needed that. I think it's a good
Speaker 2: test today to find ef can stand on its own
Speaker 2: and you know, you win on merit, not who you
Speaker 2: are or where you came from, as it should be,
Speaker 2: and that's what the Constitution says. And I think you
Speaker 2: got to give that time to go okay, well did
Speaker 2: it work or not? And time to stand on your own.
Speaker 2: So you got to pull that carpet out. But in
Speaker 2: this just exemplifies that opinion, like this is a great
Speaker 2: defense of it is. No one is complaining, even Irish people.
Speaker 2: I'm complaining about stereotyping Irish people today. You know, you
Speaker 2: got a bar serving green beer and lucky charms and
Speaker 2: doing shots today. Imagine a bar doing tequila shots with
Speaker 2: speedy gonzalesnces on sinco demand. But here's the thing, is
Speaker 2: like the stereotype is that you see you see Hispanics,
Speaker 2: particularly the Mexican culture leaning the Mexican right. You go
Speaker 2: into a Mexican restaurant and it's your birthday, you're doing
Speaker 2: shots and you've got a big some on. But then people,
Speaker 2: if you post it on social people, actually there's clapping
Speaker 2: back at you for misappropriating that culture, even though the
Speaker 2: people who are foisting on you and encouraging to do
Speaker 2: it are the same people who should be offended according
Speaker 2: to that theory. That's why this who the whole ethnic
Speaker 2: stereotype and race, I mean, it's just it's all based
Speaker 2: to charade, is what it is. Like if the protected class,
Speaker 2: the darlings of the day, are protected, then that's all
Speaker 2: that matters. Well, then applied equally across and you see
Speaker 2: how ridiculous this whole fight is. You know, you don't
Speaker 2: get to ban a sombrero and keep a leprechaun man
Speaker 2: pick a lane. Pick a lane. And the inconsistency isn't
Speaker 2: a bug. It's proof that the rules are political leverage
Speaker 2: and not about human dignity. All these things I mean,
Speaker 2: all right, you can be offended. We got Chief Wahoo, Okay,
Speaker 2: got rid of that. And I'm not saying it was
Speaker 2: good or bad. I'm just pointing out the inconsistency here, right,
Speaker 2: Chief Wahoo. Yeah, it's kind of cringey. Okay, we got
Speaker 2: you know, Uncle Ben on the on the rice box,
Speaker 2: subservient black man in a bow top got where that
Speaker 2: Missus Butterworth was under review. Remember that when the Missus
Speaker 2: Butterworth Syrup controversy, I thought it was just some I
Speaker 2: just thought it was Missus doubtfire. But apparently I guess
Speaker 2: someone determined this to be a mammy characature. I'm not
Speaker 2: quite sure. Landa Lakes Butter went through it. The Native
Speaker 2: American maiden on the box that went away. Remember it
Speaker 2: was Star Wars Jar jar Binks that controversy you had,
Speaker 2: you have a Pooh on the Simpsons, and so, I mean,
Speaker 2: the point is it's not defending the stereotypes, saying look,
Speaker 2: if you're just going to be what you say you are,
Speaker 2: then you have to be consistent. So if you're offended
Speaker 2: about butter and syrup and rice and a Pooh and
Speaker 2: jar jar Binks, then I would say why where's the
Speaker 2: outrage over Saint Patrick's Day? And you can't find it
Speaker 2: because well, largely it's like that's they're Europeans, so it's
Speaker 2: but that undermines your whole argument, you know, the green
Speaker 2: you got great and the culture mistrepublisher people wearing green
Speaker 2: hair and green clothes and the Chileley and kiss me
Speaker 2: I'm Irish and chili and beer. It's a stereotype, but
Speaker 2: it's also it's it's cultural misappropriation. Where are the cultural
Speaker 2: misappropriation warriors on Saint Patrick's Day? To show you how
Speaker 2: what it's based on is a bunch of nonsense and
Speaker 2: a shakedown. There you go, I don't see people protesting
Speaker 2: at Maldy Malone's or anything like that on and rightly,
Speaker 2: so you should go in and drink and eat boiled
Speaker 2: food and pretend to like Irish dancing for a day.
Speaker 2: They given the people who are like Irish don't really
Speaker 2: like Irish dancing. It's like, what is this? And so
Speaker 2: either all that they all go or they all stay.
Speaker 2: But you know, we admit, when the framework gets selectively
Speaker 2: enforced based on which groups have agency or have current
Speaker 2: political capital, we got to start pretending it's it's about
Speaker 2: human dignancy, human decency and dignity and protecting a culture.
Speaker 2: It's just it's silly, and it's like, well, I'm trying
Speaker 2: to think if there's a we Got Rid of Columbus Day,
Speaker 2: because that was offensive on I'm trying to think if
Speaker 2: there's another holiday and say go to MI. I mean,
Speaker 2: I remember it was here locally a number of years
Speaker 2: ago where someone was under fire. The place was under
Speaker 2: fire because they had a I think it was kind
Speaker 2: of a thick I can picture the logo in my head.
Speaker 2: I escaped me and forget what it was, but it
Speaker 2: was like a guy taking a siesta under a net,
Speaker 2: leaning up against a cactus, which is not a good
Speaker 2: place to rest your head. But nonetheless it's just a logo.
Speaker 2: No one's really being pricked by the cactus. And maybe
Speaker 2: it's a non prickly cactus. I don't know, but it's
Speaker 2: a fat guy in a sarape and he's got the
Speaker 2: bandalier around, he's got the sombrero and the big mustache
Speaker 2: and he's having a siesta. And that was the logo.
Speaker 2: And of course you can't have that people, even though
Speaker 2: I think the people who ran in the place were
Speaker 2: I think they were Mexicans, so I mean, if you wouldn't.
Speaker 2: And a funny thing is I remember traveling down to
Speaker 2: Cancun and back in the day when they had phone books,
Speaker 2: and they leave the phone book and I'm like, well,
Speaker 2: it's in the Mexican phone book and the logos for
Speaker 2: the Mexican restaurants. There were all these stereotypes that here
Speaker 2: at America were offended about. These are actual Mexicans do well,
Speaker 2: that's different because they can do that because it's their culture.
Speaker 2: I see. But man, I'll tell you what you want
Speaker 2: to split hairs. Saint Patti's Day, Saint Patty's Day? What
Speaker 2: about that? I don't know any irishman who's offended by
Speaker 2: a leprechaun. Quite honestly, I don't, nor should you be.
Speaker 2: But that's the point of this. Hey, Chris, you're on
Speaker 2: the Scott Slan Show. Thanks for checking on.
Speaker 6: What's up me morning, sir. How are you doing.
Speaker 2: I'm doing well. I'm doing well.
Speaker 6: I have a comment on what what's talking about? Okay,
Speaker 6: you know that the only real life fixture that actually
Speaker 6: survived is an old white guy's a quicker roats guy.
Speaker 6: If you want men as Syria out when you talk
Speaker 6: about missus Butterworth un over to my style, or even
Speaker 6: the butter with the Indian guy and laying the lake. Yeah,
Speaker 6: the only real life character is an old white guy
Speaker 6: quick roaps.
Speaker 2: Yeah, who is a.
Speaker 4: See it?
Speaker 2: For a long time I thought that was Barbara Bush
Speaker 2: back when she was So it's a guy, okay.
Speaker 4: Uh.
Speaker 2: The Quaker roads things interesting because I think there, I
Speaker 2: don't know, one's not proud of what?
Speaker 4: What?
Speaker 2: What am I thinking of? Trying to think of the
Speaker 2: quite a while. He's a Quaker. Yeah, it's Quaker. I'd
Speaker 2: be Quaker oad. He's a Quaker. So I'm not quite
Speaker 2: sure if that's exploitative or not. I have no idea.
Speaker 2: He's got the ponytail, he's got the the wacky hat
Speaker 2: on with a buckle.
Speaker 6: But it's the only real life fixture, I guess. I mean,
Speaker 6: it's not a fixture. You know, he's not a guy.
Speaker 2: But you feel me right. I'm not saying we should
Speaker 2: we should cancel Saint Patrick's Day. No, what I'm going
Speaker 2: is that if you allow this, then why is everything
Speaker 2: else off the table? If you're trying to be consistent
Speaker 2: about enforcing the racial prejudices of America and it's all
Speaker 2: got to be absolutely stamped. And who who's pissed off
Speaker 2: about Saint Patty's Day? Nobody correct bingo, bing that's a bingo.
Speaker 2: That's a big no, it's just bingo. It's just sloany
Speaker 2: here on seven hundred w W had five one three
Speaker 2: cent four and I seven thousand, College Tilla and a
Speaker 2: joby on the Scott Flung Show. Thanks for checking in
Speaker 2: and appreciate what's up? Hey, Thank you, Jake.
Speaker 4: You So there's definitely are not equality in these characters
Speaker 4: for DEI, but I found it interesting over to Cracker
Speaker 4: Barrel where they brought back Herschel.
Speaker 2: Yeah, because of the because of the I mean, it's
Speaker 2: like an old coke thing. It's a boat. But I
Speaker 2: remember when that broke, I went like, well, because it's
Speaker 2: a terrible logo is why they should change it. It
Speaker 2: doesn't translate to to black and white. It's hard to
Speaker 2: see what it is. And I don't know if it
Speaker 2: was much canceling Uncle Herschel. I didn't know there was
Speaker 2: a name until the story broke, But I neither it
Speaker 2: was an attack on old people at all. But again
Speaker 2: it isn't it part of this backlash to to sensitivities
Speaker 2: of age and protected classes. Absolutely, that's what it is.
Speaker 2: Because the people on the right rush to defend this
Speaker 2: old carr and you only get room because he's old,
Speaker 2: and so that fell under the age discrimination category. And
Speaker 2: now we've got the right canceling stuff. You know, just
Speaker 2: enough already. If the logos change the logo, that's fine.
Speaker 2: The problem is probably the food, the food and who
Speaker 2: owns it and what the you know, what the demo is,
Speaker 2: I guess more than the logo ware.
Speaker 4: We could add that where we would say something like
Speaker 4: wild Mound Walker and then say something along the lines
Speaker 4: of leprechauns forever THEI never.
Speaker 2: Yes exactly, so we're not offended by leprechauns. But everything else,
Speaker 2: the cultural misappropriation wars are silent. And next time I
Speaker 2: have a cultural misappropriation issue or you're if you're ever
Speaker 2: faced with that le's cultural misappropriation. You can't you know,
Speaker 2: you can't make Chinese food if you're white, Say well,
Speaker 2: I don't know. I saw plenty of people, you know,
Speaker 2: people of color, brown people, white people, Asian folks all
Speaker 2: celebrating Saint Patrick's Day, and you know, no one's scriminal culture.
Speaker 2: Is that culture? Well, no, that's different because these are
Speaker 2: the white European overlords. I get it. Racism and ethnicity
Speaker 2: is fine as long as you're not the one on
Speaker 2: the receiving end.
Speaker 3: I got it.
Speaker 2: So at least, if anything, you're consistent on this whole thing,
Speaker 2: absolutely consistent. Coming up at ten oh seven this morning,
Speaker 2: we are in March madness. You got your brackets filled
Speaker 2: out yet. I haven't done that yet. I promised Austin
Speaker 2: Elmore yesterday I would do that. I'm gonna I'm gonna
Speaker 2: particip Actually, you know, what I'm gonna do kind of
Speaker 2: is a test. I'm I'm gonna see if how I
Speaker 2: can get my dog to fill the bracket. I want
Speaker 2: to see if the dog can what the accuracy rate is,
Speaker 2: because you know, you've got people like Austin, You've got
Speaker 2: Tony Pike, You've got Lance McAllister, you got Moegger, you
Speaker 2: got all these guys on sports guys, and I'll fill
Speaker 2: out the brackets and als. I just want to see,
Speaker 2: like you know, your whole reason for being is based
Speaker 2: on being a sports actor. I just want to see
Speaker 2: if the dog can randomly pick winners and losers better
Speaker 2: than the experts. It's a it's a good I may
Speaker 2: do that. I may have bandit filled that thing out.
Speaker 2: I used to do that with the forecast with my
Speaker 2: old dog who has since been put down a long
Speaker 2: time ago, Lego, the World's Dumbest dog TM, who would
Speaker 2: predict the forecast, like when we had the snow today.
Speaker 2: I'd have different plates of food with one, you know,
Speaker 2: less than an inch, one to two inches, two to
Speaker 2: three inches, four inches loss a snowmageddon, and he would
Speaker 2: whatever food bowl he ate out of that would be
Speaker 2: the forecast. And it turned out he was as accurate
Speaker 2: as a lot of the climatarists that are on television.
Speaker 2: Wag caused a lot of problems back in the day
Speaker 2: between me and my friends in the TV media. Anyway, anyway,
Speaker 2: if we have March Madness here, we'll talk about responsible
Speaker 2: gaming coming up. At ten oh seven. Earlier in the show,
Speaker 2: if you missed it, I had on Jason Philibaum, former
Speaker 2: prosecutor and defense attorney and talking about the Terry Thigi situation,
Speaker 2: because this whole rant about de Ei and you know,
Speaker 2: Saint Patrick's day was rooted in that going on. He said,
Speaker 2: you know, she may have a sex and age discrimination
Speaker 2: case because it's a protected class and said, well, it's
Speaker 2: an interesting time to talk about that. You mentioned that
Speaker 2: because of Saint Patrick's day, but talking about yesterday's press
Speaker 2: conference with her attorney, Stephen m who's a wonderful employment
Speaker 2: lawyer and has already fired the first salvo across the
Speaker 2: bow regarding her termination some five months ago. And it
Speaker 2: was a great discussion. If you missed it, it's going
Speaker 2: to be on the podcast fall on the show via
Speaker 2: the iHeartRadio. Of course, if you miss it too, you
Speaker 2: can always take us wherever you are go from the
Speaker 2: car to you're off to just have your earbuds in
Speaker 2: you can take the show. It's completely portable that way.
Speaker 2: But it's interesting watching some of the highlights of the
Speaker 2: press conference yesterday where Steve m called this a hatchet job.
Speaker 2: And I think the strategy itself is really interesting too.
Speaker 2: So why would you have a press conference before the
Speaker 2: report drops and the report presumably is going to drop
Speaker 2: the first week of next month, because this is the
Speaker 2: third time they've extended the contract with Frost Brown Todd,
Speaker 2: Who's going to spend and spend a lot of time
Speaker 2: and a lot of your money if you live in
Speaker 2: the city, investigating why they fired her five months ago,
Speaker 2: which is not a good look. So they held the
Speaker 2: press conference yesterday. And what he's doing, he's poisoning the
Speaker 2: well is what it's called. So whatever comes up out
Speaker 2: of that report, and I think they got a tip
Speaker 2: that there's some bad stuff in there, he readily public
Speaker 2: called it a hatchet job. So then he said, well,
Speaker 2: we expect this from the It doesn't take five months
Speaker 2: to find out why you fired someone in October, and
Speaker 2: here it is March and April, and now you're just
Speaker 2: getting around. Some of the report hits our frame of
Speaker 2: mind as the public mean you be in the public.
Speaker 2: That's already said. Of course it's as bad thing. Frost
Speaker 2: Brown Todd was not paid to find good things about
Speaker 2: Terry Thig. They're paid to find bad things about Terry Thig.
Speaker 2: Of course it's gonna come out. For example, you know,
Speaker 2: company may go hire a consultant. You know the consult
Speaker 2: everything can be running great, hurry consultant. They're going to
Speaker 2: find stuff to change because it justifies why we're paying
Speaker 2: them this money in the first place. And Steve him
Speaker 2: yesterday also made the point of comparison that violent crime
Speaker 2: had increased since theg went on leave, Yet no one's
Speaker 2: moving to take interim chief. Heini off the jiant And
Speaker 2: you know there's a thing. I mean, he's doing a
Speaker 2: great job, am Henny's ston doing a great job from
Speaker 2: all intents and purposes. And so you could say the
Speaker 2: same about Terry Thig And they basically put the city
Speaker 2: on notice saying there's gonna be a lawsuit get ready
Speaker 2: for it in the city is going to have to pay,
Speaker 2: meaning the taxpayers as well. So he knows the report
Speaker 2: is not going to look good. The investigation has been
Speaker 2: extended twice and they're building a case against her. But
Speaker 2: he can't stop the report. What you can control, though,
Speaker 2: if you're the attorney. Here is what people believe about
Speaker 2: the report before they read a single word of it.
Speaker 2: It's it's pretty smart. That's a good legal strategy right there.
Speaker 2: I'm not a lawyer, but I can see what he's
Speaker 2: doing right here, and it'll turn into it. I told
Speaker 2: you so a moment. It'll you know, if you see
Speaker 2: this as a canard and a whole political cover for
Speaker 2: AFTABS administration, then you're totally buying in this and that's
Speaker 2: the goal.
Speaker 3: Here.
Speaker 2: We got to get a news update in Scott's loan
Speaker 2: showed returns afterwards here on the home of the Reds
Speaker 2: seven hundred WLW Cincinnati.
Speaker 1: Do you want to be an American?
Speaker 2: Well, Cincinnati does not have a dog in the hunt
Speaker 2: for the first on a long time. We kind of
Speaker 2: adopted Miami. But and then of course there's other regional
Speaker 2: teams to root for. But it's not going to stop
Speaker 2: you from putting some money down in March mad and
Speaker 2: it's of course tipping off just a few days away.
Speaker 2: And if you're planning to have some skin in the game,
Speaker 2: there things you need to know for you bet specifically
Speaker 2: online in that version of namely, what to do if
Speaker 2: the stops feeling like fun and you don't want to
Speaker 2: get in over your head because it's a real deal
Speaker 2: this time of year. And our partners at DraftKings, it's
Speaker 2: Lauria Klane's on the show this morning to talk about
Speaker 2: responsible gaming on the show. Welcome Laurie.
Speaker 4: How are you? I'm great? Thanks for having me.
Speaker 2: Yeah, So walk us through these specific tools that online
Speaker 2: pores like yourself and DraftKings makes available to every customer.
Speaker 2: There are limits to what you can do and their
Speaker 2: self exclusion and timeouts, and what can a player actually
Speaker 2: do if they want to put guardrails up for their
Speaker 2: own behavior.
Speaker 4: Yeah, I'm happy to thanks for the opportunity. We have
Speaker 4: a complete responsible gaming center that's got all kinds of resources.
Speaker 4: I mean, first and foremost, we have resources there that
Speaker 4: explain the very basics of gambling for people who are,
Speaker 4: you know, their first time to the app, So bank
Speaker 4: roll you know, how to have units of bet and
Speaker 4: then and then we have limits on deposits. We have
Speaker 4: limits on wagers, time spent on the app. App, you
Speaker 4: can limit your losses. You can you know, set all
Speaker 4: kinds of different limits. You can set check in reminders,
Speaker 4: and as you mentioned, our customers can also of course
Speaker 4: choose to cool off for you know, a set period
Speaker 4: of time, or even self exclude if they're not comfortable
Speaker 4: with their play and you know how they're feeling about
Speaker 4: the app.
Speaker 2: But by and large, we.
Speaker 4: Really offer everything there. We have something called Gambaalize. It's
Speaker 4: a card game to sort of assess your risk level.
Speaker 4: So it's it's really a whole center meant to offer
Speaker 4: you know, resources and as you said, limits and ways
Speaker 4: to make sure that you're staining control and having fun.
Speaker 3: Yeah.
Speaker 2: So it's a predictive thing that tells you, hey, you
Speaker 2: might be someone who's inclined to bet more than they
Speaker 2: have and you don't want to fall down that that
Speaker 2: whole and that's a great thing using technology be able
Speaker 2: to leverage that because i mean put in perspective her
Speaker 2: March Madness is huge. It is the betting event of
Speaker 2: the year. And for you guys at DraftKings, in terms
Speaker 2: of new customer activity, I'm sure you see a spike
Speaker 2: in the number of new participants and users and that
Speaker 2: interest changes. Does that change how you approach responsible gaming?
Speaker 4: So we for every customer who opens a new account,
Speaker 4: we immediately before the account is even finalized and opened,
Speaker 4: we're introducing our responsible Gaming Center and making sure that
Speaker 4: people know it's there and asking them if they'd like
Speaker 4: to go set limits. And not everybody does that. So
Speaker 4: we follow up with emails regularly to our customers reminding
Speaker 4: them about the various tools and resources that we have available.
Speaker 4: And then when somebody's actually on the app, let's say
Speaker 4: they've spent a whole lot of time, you know, hours
Speaker 4: on the app, will send them reminders and really try
Speaker 4: to engage to you know, give them a moment to reflect.
Speaker 2: Gotcha, are of those tools easy to find? You have
Speaker 2: to dig for them. How do you you know, other
Speaker 2: than come out of the show and talking about this, Laurie,
Speaker 2: how do they people know that they actually exist and
Speaker 2: where to get them? They're pretty easy to locate.
Speaker 4: Yeah, that's a great question, Scott. So on every screen
Speaker 4: of our app or if you're if somebody's on the web,
Speaker 4: on the right hand corner at the top, there's a
Speaker 4: little RG shield and it just takes one button to
Speaker 4: get to the Responsible Gaming Center. And then I'd say
Speaker 4: even for people who are not currently a DraftKings customer,
Speaker 4: let's say they are, you know, thinking about becoming a customer,
Speaker 4: they can go to RG dot DraftKings dot com and
Speaker 4: see everything that's available in the Responsible Gaming Center. So,
Speaker 4: you know, I tell everyone I know, whether they place
Speaker 4: a bet or not, they probably know somebody who does.
Speaker 4: And you know, sometimes people don't want to listen to me.
Speaker 4: They want to listen to their friends or relatives. So
Speaker 4: I encourage everybody to take a look at that it's
Speaker 4: RG dot DraftKings dot com and they can see the
Speaker 4: suite of tools and resources that we have available.
Speaker 2: Oh the cold thing is it predictive? You said card
Speaker 2: game on there, Lorie, that you can if you're like, ah,
Speaker 2: this is the first time I've bet, And there's a
Speaker 2: lot of people logging on and getting an account for
Speaker 2: the first time listening with march Madness here. It's a
Speaker 2: huge betting opportunity for folks. And yeah, maybe you fill
Speaker 2: out a bracket at work, that's a little different. A couple,
Speaker 2: you know, ten bucks here or there isn't going to
Speaker 2: force anyone into bankruptcy. But you know, we've seen cases
Speaker 2: where people do abuse it, and it's a great way
Speaker 2: to predict if you might be of you know, have
Speaker 2: that vulnerability. And I think it's a really responsible thing
Speaker 2: you do there. And I know you guys do this,
Speaker 2: but but other gaming platforms do as well too. You
Speaker 2: also work with state gaming regulators too. Is there a
Speaker 2: baseline of responsible gaming tools that every legal operator like
Speaker 2: yourselves at DraftKings are required to provide? And do you
Speaker 2: do you just meet that or you go above it?
Speaker 4: Yeah, it's another great sky. You're a man of great questions.
Speaker 2: Yeah, that's what they paid me very little to do.
Speaker 7: Well.
Speaker 4: Yeah, well, I'm going to put you in for I
Speaker 4: make all my.
Speaker 2: Money in draftings.
Speaker 4: There you go, there you get, and I hope you're
Speaker 4: using the tools. So now I forgot the question. Tell
Speaker 4: me the question.
Speaker 2: Okay, here's the question again. It's Lori Kalin. She's with DraftKings.
Speaker 2: We're talking with March madness here being that time of
Speaker 2: year where a lot of people are going to get
Speaker 2: on and bet for the first time, and maybe you
Speaker 2: are a loved one. The element of state gaming regulation,
Speaker 2: do you meet or exceed what the state of Ohio,
Speaker 2: the Commonwealth of Kentucky, or the state of Indiana, or
Speaker 2: anyone listening for that matter, that their state set. I'm
Speaker 2: sure there's a minimum bar there. Do you guys go
Speaker 2: above that?
Speaker 4: Yes, thank you, thanks for the repeat.
Speaker 3: Yes.
Speaker 4: Absolutely. Most states, I'd say the vast majority of them,
Speaker 4: require that we have the opportunity for somebody to self exclude,
Speaker 4: which is entirely block themselves from our app And then
Speaker 4: i'd say the standard RG or responsible gaming limits that
Speaker 4: were required to have are on deposits and also on time.
Speaker 4: But we go far above and beyond that. I mean,
Speaker 4: we have, as you mentioned, we have the gammaized game.
Speaker 4: We have information on smart bedding. We have something called
Speaker 4: my stat Sheet we're super proud of. It's about a
Speaker 4: two year old tool that we built, and that's a
Speaker 4: personalized dashboard where everybody who's on draftings can see all
Speaker 4: of their activity over the last thirty days, over the
Speaker 4: last years, since the lifetime of their accounts. I had
Speaker 4: no idea that we go above and beyond. Yes, this
Speaker 4: is my full time job, and we have a whole
Speaker 4: team of people that work on this all day, every day,
Speaker 4: and we're trying to be the best, and you know,
Speaker 4: give all of our customers various options.
Speaker 2: You talked to other radio shows, TV, you do all
Speaker 2: those things, and you're on presumably with my colleagues here
Speaker 2: in Cincinnati and iHeart stations. If I'm asking the last
Speaker 2: two questions, as you said, are excellent questions. What level
Speaker 2: of stupid are my colleagues? What kind of dumb questions
Speaker 2: are I asking you?
Speaker 4: They're all great? I mean the people in Ohio.
Speaker 2: No, no, no, no, no, my colleagues are people in
Speaker 2: radio are largely dumb. Lord, you need to know this defect.
Speaker 2: We do your job. We are stupid, self loathing people.
Speaker 2: You know this right, People in the radio were.
Speaker 4: Not the brightest, no, but you're the best looking.
Speaker 2: So what happens when you flag a customer who's potentially
Speaker 2: at risk. Let's say I do this card game like
Speaker 2: I'll be fine, and they go in and all of
Speaker 2: a sudden, what do you have like behind the scenes?
Speaker 2: Are there triggers? Do you get like alerts saying, hey,
Speaker 2: Scott's loan's account here in Cincinnati, there may be something
Speaker 2: going on. How do you know that there they could
Speaker 2: be abusing it?
Speaker 4: Yeah, we have. We have systems that are first of all,
Speaker 4: monitoring all written communications. So if somebody's making a statement
Speaker 4: that would indicate that they may be in distress, we
Speaker 4: are flagging those accounts and interacting and engaging with those customers.
Speaker 4: But then we also have systems in the background that
Speaker 4: are looking at the time somebody spends on the app
Speaker 4: or even you know, frequency of deposits. So they're very
Speaker 4: smart systems, and we send in app messages to those
Speaker 4: people and you know, those can escalate over time, and
Speaker 4: in many cases we will manually review accounts when we
Speaker 4: think there's potentially some issue going on there. But by
Speaker 4: and large, we really find that educating people and the
Speaker 4: people who are customers who are stay informed and are
Speaker 4: self aware are able to use our tools and really
Speaker 4: keep it fun. Because at the end of the day,
Speaker 4: if somebody's out of control, they're not having fun. And
Speaker 4: we are an entertainment company and you know, we want
Speaker 4: everybody to have fun. So everybody's got a different budget,
Speaker 4: but we've got something for everybody.
Speaker 2: Obviously, Graftkings, you're a for profit company, so there's tension there. Right,
Speaker 2: you have to make money, but at the same time
Speaker 2: you have to keep customers engaged with responsibility and telling
Speaker 2: them the slow down or stop, which is counterintuitive to
Speaker 2: the profit margin. How do you bounce it?
Speaker 4: Well, it's about sustaining a customer, right. We spend a
Speaker 4: lot of money and effort trying to bring customers. Do
Speaker 4: the DraftKings app. There's lots of competition out there, and
Speaker 4: we don't want to lose our customers. We want them
Speaker 4: to have fun. And like I said to me, it's
Speaker 4: a really simple formula. If somebody is out of control,
Speaker 4: then they're not going. Then they're going to self exclude,
Speaker 4: or they're going to have a bad experience and never
Speaker 4: come back. So this is, you know, the long game,
Speaker 4: and we want customers to spend what they can afford.
Speaker 4: We know that everybody has an entertainment budget, and if
Speaker 4: Scott Sloan has decided he wants to spend his entertainment
Speaker 4: money on, you know, having some skin in the game,
Speaker 4: we want you to spend it with us. And that's
Speaker 4: all there is to it. And you know we want
Speaker 4: lots of happy customers.
Speaker 2: Yeah, ba, I get it.
Speaker 4: I don't really see attention there.
Speaker 2: Yeah. And I know people personally who have got in
Speaker 2: with the you know, in college, because we know younger
Speaker 2: people get into March Madness a lot, not exclusively, of course,
Speaker 2: it's a younger audience. I know people have gotten into
Speaker 2: trouble doing this before, so it's a responsible thing to do.
Speaker 2: And you know, we have college athletes now themselves prohibited
Speaker 2: for betting and some may How do you how do
Speaker 2: you approach age verification make sure it's not become a
Speaker 2: platform for underage gambling, because I know that this coincides
Speaker 2: with a bill out of California right now called the
Speaker 2: Protecting Our Kids from Gambling Addiction Act, which is a
Speaker 2: long name, but it prohibit online gaming operators like yourself
Speaker 2: at DraftKings in predictive market platforms from providing gambling services
Speaker 2: to minors or advertising. And you know again, I think
Speaker 2: a parent gives a kid a credit card, they got
Speaker 2: to monitor what the kids spending the money on because
Speaker 2: able to see it right there. I think there's a
Speaker 2: lot of parental accountability goes by the wayside when lawmakers
Speaker 2: get involved. But how do you balance that out with
Speaker 2: a younger audience and young people getting involved?
Speaker 4: Yeah, we have zero tolerance. I have zero tolerance for
Speaker 4: anybody under age on this platform. I mean betting is
Speaker 4: an adult form of entertainment and there is no place
Speaker 4: for people that are underage. And so we start with,
Speaker 4: you know, very strict verification of you know, every person
Speaker 4: who opens an account, right so it's kyc. We use
Speaker 4: the same vendors that the financial institutions use. But as
Speaker 4: in your example, if you know, Scott's mother gives her
Speaker 4: seventeen year old to credit card and opens an account
Speaker 4: in her name, that's a violation of our terms. But
Speaker 4: our systems are very smart and so oftentimes I can't
Speaker 4: tell you exactly how it happens, but our systems will
Speaker 4: identify when there's somebody underage that we believe is playing
Speaker 4: on someone else's account, and in those cases, we block
Speaker 4: the account and we reach out and verify who it
Speaker 4: is that's actually placing those bests. I mean, in most
Speaker 4: jurisdictions that I'm aware of, it's a violation of not
Speaker 4: only our terms of service, it's a violation of the law.
Speaker 4: And you know, I grew up in Las Vegas, right,
Speaker 4: so I've been around gambling my entire life, and I
Speaker 4: start from a place where you know, there's an age
Speaker 4: for gambling, and there's you know, underage and we have
Speaker 4: no place for that on our app. And unfortunately, there
Speaker 4: are social media sites and there are illegal sites that
Speaker 4: are marketing to teenagers and it's really it's terrible. And
Speaker 4: if I had a bad i'd go out and shut
Speaker 4: them down myself.
Speaker 2: Yeah, And unfortunately, I mean, you could do age verification,
Speaker 2: I think for a lot of things Pornographer example, because
Speaker 2: it's largely free. But in order to engage in what
Speaker 2: we're talking about here, and that is march madness and gambling,
Speaker 2: and specifically on a platform like DraftKings Man, You've got
Speaker 2: to go through a lot of steps to pretend that
Speaker 2: I mean, you guys are looking for. What I'm saying
Speaker 2: is I don't know a ten, twelve, fourteen year old
Speaker 2: that can have it our own credit card if that's
Speaker 2: what we're concerned about without the parents' knowledge, and if
Speaker 2: the parents get my card and don't bother the check
Speaker 2: where they're spending their money, I don't know how that's
Speaker 2: on any operator like yourselves, on any platform or predictive markets.
Speaker 2: Another big one too that's coming out that do things
Speaker 2: besides sports. That's outside of your scope obviously Lorid Klanney
Speaker 2: at DraftKings, but I think it applies is that, like,
Speaker 2: you know, we can put all these measures in place,
Speaker 2: but it's a partnership. Mom and dad have to be
Speaker 2: actively involved in this as well.
Speaker 4: Yeah, I completely agree, And you know that's why I
Speaker 4: go on TV and I go on the radio and
Speaker 4: I say, I want everybody to go to RG dot
Speaker 4: DraftKings dot com, even if you're never planning to have
Speaker 4: a DraftKings account or place a wager on a game,
Speaker 4: because everybody I talk to knows somebody who does. And
Speaker 4: so the more we as a society are talking about this,
Speaker 4: it's you know, it's like taking an uber when you
Speaker 4: go out to dinner. You don't necessarily think you're going
Speaker 4: to have one too many to drink, but you take
Speaker 4: it anyway because you're responsible. Right, So if you know,
Speaker 4: my goal is to have everybody use the tools that
Speaker 4: we've built, will continue to innovate. We're going to make
Speaker 4: them better, smarter. I mean, they're great right now. We're
Speaker 4: like the top rated RG program in the country. But
Speaker 4: you know we're gonna we're not stopping. I have an
Speaker 4: entire team that works on this night and day, and
Speaker 4: we're gonna, you know, keep pounding the drum here.
Speaker 2: And uh, it sounds like it's part and part of
Speaker 2: the corporate the corporate DNA as opposed to just say
Speaker 2: we got to check a box here, which, hey, if
Speaker 2: you're a paarent, you're going, okay, that's that's that's really good.
Speaker 2: That's why I like DraftKings one of the many reasons why.
Speaker 2: But I'm looking at and I'm looking at this case
Speaker 2: out of California that says that you, guys and other
Speaker 2: provide predictive gambling companies are running the big tobacco playbook.
Speaker 2: They're targeting kids, hooking them young, and betting they'll become
Speaker 2: lifelong customers. Their reach. Research says more than a third
Speaker 2: of boys ages eleven to seventeen already gambling, and most
Speaker 2: of them didn't go looking for it, it found them. Well,
Speaker 2: that's social media, that's advertising, and that's the algorithm. But
Speaker 2: I want to know what eleven year old has access
Speaker 2: to a credit card because generally you can't secure a
Speaker 2: credit card at that age. So I think I put it.
Speaker 2: But you know it's again it's California, and then they're
Speaker 2: looking for reasons to go after big companies. I understand that,
Speaker 2: but I think it's kind of a baseless suit or
Speaker 2: a baseless cause myself. If you're doing all these things
Speaker 2: to try and weed that out, you can only do
Speaker 2: so much in order to do that, and sounds like
Speaker 2: you're doing way above that. She is a Lori Kalani
Speaker 2: at DraftKings. Thanks for come on the show this March
Speaker 2: Madness season and laying it out. If this is you
Speaker 2: and you're like, I didn't know this stuff was out there,
Speaker 2: and maybe you're gonna dip a tel Win or you're
Speaker 2: having a friend, family member, maybe something like that, I'll
Speaker 2: point them in that direction and there's some tools in
Speaker 2: there that can help to make sure that they're not
Speaker 2: betting over their head. Laurie all the best. Thanks for
Speaker 2: jumping on this morning, and I apologize for my colleagues.
Speaker 4: Thanks so much, Scott, have a good day, have.
Speaker 2: A great day. Thank you. We got to get a
Speaker 2: news update in on seven hundred WW in just minutes.
Speaker 2: It was a nightmare this morning driving in, wasn't it.
Speaker 2: I got bogged down by the seventy one shut down.
Speaker 2: You may have got seventy five ornything else And hopefully
Speaker 2: this is it because it looks like it's going to
Speaker 2: warm up here, not maybe tomorrow again. We have some
Speaker 2: light snow tomorrow, but back up to forty five eventually,
Speaker 2: and then we look nice and warm starting on Thursday
Speaker 2: and moving back into what the temperature should feel like
Speaker 2: this time of year. News update happens next, and more
Speaker 2: to follow, including I beg I've been doing some good
Speaker 2: toilet thinking here lately about this straight of horror moves problem.
Speaker 2: I think I might have a solution for you, or
Speaker 2: maybe it's just more stupidity coming up next seven hundred WW.
Speaker 2: Scott Sloan shows seven hundred Happy, Happy, and hate. Try
Speaker 2: that again three two on Scott Flowing seven hundred WWW.
Speaker 2: Happy Saint Patrick's Day, even though it's a racist holiday.
Speaker 2: I got into that after nine thirty. I don't want
Speaker 2: to go back into that well. But keep seeing everybody
Speaker 2: on the news is wearing their green hats and the
Speaker 2: green tin, green green granite. Where are the cultural misappropriations
Speaker 2: idiots on Saint Patrick's Day? I ask you, the same
Speaker 2: people that complained about the cultural misappropriation of Sinco de Mayo,
Speaker 2: the same people who canceled Columbus Day, not offended at
Speaker 2: all by by little people in green suits. It's it's
Speaker 2: the funniest damn thing to show you just how insincere
Speaker 2: they are. At least, if anything, I am consistent. I
Speaker 2: try to be consistent, try to be consistent. So I
Speaker 2: did some really good research yesterday. I was on the
Speaker 2: toilet and just kind of got down a rabbit hole
Speaker 2: and I'm thinking, all right, we got these straight. And
Speaker 2: foremost here's the problem. We need cheap oil. Right for
Speaker 2: us to do what we do in America, we need
Speaker 2: cheap oil. We need all to be almost free, like bucket.
Speaker 2: Gal'd be great. COVID. That was the one good thing
Speaker 2: about COVID. No one was driving. I had to show
Speaker 2: to work if you had to work during COVID, And
Speaker 2: actually report to office like I did before I figured
Speaker 2: it out, working from home. It was like a car
Speaker 2: commercial was a car commercially. They got the road to myself.
Speaker 2: No one's on these streets. I'm in a major metropolitanaria
Speaker 2: and the only car in the road just happens, even
Speaker 2: to this brand new model we're trying to sell you
Speaker 2: and that people look happy and smug, and it's amazing.
Speaker 2: It's absolute unless you're, you know, going off road, and
Speaker 2: then you're climbing a mountain tone of I don't know,
Speaker 2: some sort of ingot like I don't know the middle
Speaker 2: of the sphere in Las Vegas or something. You're tone
Speaker 2: up a hill. But I digress, as I usually do.
Speaker 2: So we need cheap oil, and Iran has effectively closed
Speaker 2: the straight up our moves. So we got a thousand
Speaker 2: plus cargo ships and the ones that move are getting
Speaker 2: bombed the hell out. Now we're trying to get allies
Speaker 2: on our side to escort these things. You know, all
Speaker 2: you need is one drone to get through with a bomb,
Speaker 2: and it's over where do you Some tankers go up
Speaker 2: in flames, and of course this is what is driving
Speaker 2: up the cost of fuel. So Iran is attacking ships.
Speaker 2: They're laying mines in the Strait. And the Strait, by
Speaker 2: the way, and you probably have already heard, this carries
Speaker 2: a quarter of the world's liquid national gas. It's called
Speaker 2: LNG liquid natural gas. And at the narrowest point, and
Speaker 2: that would be the Strait, it's about twenty one nautical
Speaker 2: miles wide. At its narrowest it's pretty it's about thirty miles,
Speaker 2: so it's really really narrow. And this is the choke
Speaker 2: point then, where Iran can launch stuff at these ships
Speaker 2: and essentially close it. And so how do you work
Speaker 2: around that one mask It's like, okay, well that's the problem.
Speaker 2: Geology is the problem. How do we fix that? How
Speaker 2: do we fix it? Because reopening it is pretty hard.
Speaker 2: They've got small fast boats that are abusings for mine laying,
Speaker 2: and it's harder to counter than large naval forces. So
Speaker 2: the little boats are doing the mine dropping. And that
Speaker 2: transit lane is, you know, three four miles from the
Speaker 2: Iranian shore, and if you're a ship, a cargo ship
Speaker 2: or a tanker, you have what I'm told, less than
Speaker 2: two minutes to react to drone missile attacks. Not very
Speaker 2: big ship like that. It's awfully difficult to pivot. And
Speaker 2: you know, they use a remote controlled explosive boat to
Speaker 2: damage a tanker in Iraqi waters. And that's why we think, well,
Speaker 2: we may need a ground operation and secure the coast.
Speaker 2: And the last thing we want to do is put
Speaker 2: boots on the ground. The last thing we don't want
Speaker 2: to I shouldn't say the last thing. It's the thing
Speaker 2: we don't want to do at all, is put boots
Speaker 2: on the ground in Iran. Now, Trump called for an
Speaker 2: international naval task force, and there's reluctant to do that
Speaker 2: because you know, China is like, hey, no comment, nothing
Speaker 2: to see here, Japan doesn't have any plans, Germany is out,
Speaker 2: Australia is out, France is I think they don't want
Speaker 2: to escalate things. I think they already surrendered. And the
Speaker 2: UK may send some mine hunters, but we don't really
Speaker 2: want to send ships, they said, So we're like, hey,
Speaker 2: good luck with us, good luck with us. So the
Speaker 2: idea I had with was on the tone is what
Speaker 2: we did in Panama. So Panama, I have the Panama Canal,
Speaker 2: and that was what about fifty miles And we did
Speaker 2: that because largely because we wanted Rubber to come up
Speaker 2: from Panama so we can make card tires, Henry Ford.
Speaker 2: But it worked right, and we still have the Panama
Speaker 2: Canal today. I know we gave it back and Trump
Speaker 2: is thinking about we're sending that order that Carter did.
Speaker 2: But nonetheless we got this. What if we did a
Speaker 2: canal through that, Well, it's a peninsula. Just cut off
Speaker 2: the tip and that sounds very painful, I know, guys,
Speaker 2: but just cut off the tip a little bit there.
Speaker 2: And so it's so if you look at and I
Speaker 2: looked at Google or say, okay, how populated is it?
Speaker 2: There's some pockets that are because I mean, you know,
Speaker 2: Dubai's right there, and it's also the UA, but it's
Speaker 2: also a Mon, and a Mon really wants to be
Speaker 2: Switzerland there. Like we we're not the pick inside here.
Speaker 2: We're too small to them. As we don't want to
Speaker 2: mess anybody off. We're gonna just we're gonna sit here
Speaker 2: and make our oil money and be quiet. But if
Speaker 2: you went through those two countries, you could bypass that
Speaker 2: choke point entirely correct. And then what happens then if
Speaker 2: Iran really wants to continue doing what they do for
Speaker 2: years to come, it's gonna be awfully difficult because now
Speaker 2: they would be outside their territorial waters in order to
Speaker 2: do that, and be much more difficult for them to
Speaker 2: shut that down. Not saying it's impossible, but I'd be
Speaker 2: pretty close, depending on how deeply you cut in that peninsula.
Speaker 2: And now here's the issue though, as I looked at
Speaker 2: I look at Google earthwin are there some cities there,
Speaker 2: But there's a lot of dead space there you could
Speaker 2: cut through, and I'm not quite sure how. I'm pretty
Speaker 2: sure that property acquisition and eminent domain laws aren't what
Speaker 2: they are in the United States. In those countries, I'm
Speaker 2: pretty sure they could come and go, we're taking this here,
Speaker 2: if you really wanted to do this. But the problem,
Speaker 2: of course is geology. So the Panama Canals, I understand
Speaker 2: that was limestone in granite and compared to the Panama
Speaker 2: Canal that was volcanic soil fifty miles. As I said,
Speaker 2: that took ten years and killed thousands of people. Took
Speaker 2: a long time to do that. Now we're in the
Speaker 2: modern era, we have better technology, better knowledge, better science.
Speaker 2: So could you cut that down in a reasonable period maybe,
Speaker 2: depending how far you got to go. But the problem
Speaker 2: is it's a mountainous area, and so excavating that rock
Speaker 2: at scale is more expensive than soil. You're cutting through
Speaker 2: a mountain range, and it have to be wide enough
Speaker 2: and deep enough for supertankers and LNG vessels liquid natural
Speaker 2: gas to come through, and it have to be about
Speaker 2: twenty meters deep and pretty damn wide, and you have
Speaker 2: a lock system. And look at this way it took
Speaker 2: pan in the Panama Canal took nine billion dollars to
Speaker 2: expand it for mount it I said nine billion dollars
Speaker 2: for modern tankers. And this area that we're talking about
Speaker 2: through the Mussinden Peninsul and am on the rocky finger
Speaker 2: that's jutting out there that connects the Persian Golf to
Speaker 2: the Gulf of Aman and bypass the strait of our
Speaker 2: moose entirely. It would dwarf that cost for sure. However,
Speaker 2: they got oil money. That's a whole different level of
Speaker 2: money out there, right Like when they're Lamborghini runs out
Speaker 2: of gas, they don't go to the gas. They just
Speaker 2: get a new Lamborghini. They got that. They got stupid money.
Speaker 2: So I don't know money is an object in this
Speaker 2: case or technology for them, man. I mean Look how
Speaker 2: fast they're throwing buildings up in the UAE. It's it's impressive.
Speaker 7: Now.
Speaker 2: The other solution, of course, to the gas crisis would
Speaker 2: be another pipeline. There's already one there through the UAE,
Speaker 2: the Abu Dhabi pipeline, and that bypasses the straight entirely
Speaker 2: and they do about one point five million barrels a day,
Speaker 2: which is not a lot significant, but let's face that
Speaker 2: you're moving a lot more through to the strait than
Speaker 2: you are pipeline. So maybe the way to do this
Speaker 2: that is expanding the pipeline infrastructure, and you could do
Speaker 2: multiple ones cheaper and faster than canal. Now, it doesn't
Speaker 2: solve the tanker problem. Look, the real problem here is
Speaker 2: the liquid natural gas. Because gases, you know, they take
Speaker 2: gas and they turn it into a liquid because it's
Speaker 2: easier transport, it's more it's more effective because if you're
Speaker 2: just to take tankers of gas, you wouldn't have much
Speaker 2: gas in the tanker. However, if you liquefy it and
Speaker 2: then reconstitute it back into a gas from a liquid
Speaker 2: after it it goes to port and gets processed and refined,
Speaker 2: then that's how you do it. So you can't pipe
Speaker 2: liquid tanker. The say you can't do it. But you
Speaker 2: got two countries here, And I mentioned though, Man is
Speaker 2: pre politically neutral, and I would imagine they'd be reluctant
Speaker 2: to host something like this because it could make them
Speaker 2: a target. And Iran would look at construction's active war.
Speaker 2: Probably I don't know how, but maybe an active war.
Speaker 2: But boy, if you did something like this, couldn't you
Speaker 2: squeeze out I ran entirely. Now, it's going to take
Speaker 2: a long time, and maybe we need to have some
Speaker 2: patience here. If it took eight years or ten or
Speaker 2: whatever it took, I don't know. And would there be
Speaker 2: the impetus in the Middle East for them to do this,
Speaker 2: But it's a consideration because the issue here's real estate.
Speaker 2: Know a little bit about real estate. The issue is
Speaker 2: real estate. The whole reason why where war we know
Speaker 2: the problem in the Ran is because they cut off
Speaker 2: the supply of oil. Oil goes off the charts. We
Speaker 2: all flip out, We could pitulate, and then we do
Speaker 2: this all over again every few years, and maybe a
Speaker 2: different country, different cause. But I mean, this has happened
Speaker 2: a handful of times in my lifetime where Iran has said,
Speaker 2: we're cutting off the straight of our moves and we're
Speaker 2: gonna squeeze you when it comes to oil prices, which
Speaker 2: is why we need things like and Trump's right on this.
Speaker 2: We need energy in dependence. Maybe not fully, but we're
Speaker 2: still producing a lot more than we have and re
Speaker 2: establishing pipelines like the Keystone XL pipeline, getting that back online.
Speaker 2: But again to show you just how dependent we are
Speaker 2: in for and oil, it's still not enough. It's still
Speaker 2: not enough, and we're getting oiled by the way from Venezuela.
Speaker 2: Still not enough. And it all goes in the world supply.
Speaker 2: We're all dependent on one another, and it all takes
Speaker 2: us Iran to say we're shutting this thing down. And
Speaker 2: even though the other nations, most of the other nations
Speaker 2: in the Middle East are with US as opposed to them,
Speaker 2: it still doesn't mean anything. So the solution here is
Speaker 2: to figure out a way to bypass the straight of
Speaker 2: our moves. Can you do that with a canal? It's
Speaker 2: a big ask, it's a lot of work. There's mountains
Speaker 2: to move. Can we move mountains? I would think that
Speaker 2: the Middle East of those countries, uh and maybe opek
Speaker 2: I don't know where they stand in the second they've
Speaker 2: got enough money to be able to go. Well, actually
Speaker 2: we have we have mountain moving cash. They're flush with.
Speaker 2: Not poor area out there. You probably could do this.
Speaker 2: Could you add more pipeline, Well you need more military protection.
Speaker 2: There is that something that they work with the United
Speaker 2: States to make sure that those assets are protected. Because
Speaker 2: you've just created another choke pointed it. But we've kind
Speaker 2: of moved the choke. The chow points south. If you
Speaker 2: look at it, you know there's this little peninsula juts out.
Speaker 2: The strait of our moves is very narrow. If we
Speaker 2: kind of cut that tip off, guys, if we circumcise
Speaker 2: that peninsula, then maybe there's an opportunity here. But I
Speaker 2: don't know you do that with more pipelines and infrastructure.
Speaker 2: But if you do the pipeline, probably only is that
Speaker 2: now you're really exposed because that is probably pretty easy
Speaker 2: to sabotage. How do you get someone in the country
Speaker 2: with some C four and blow up part of a
Speaker 2: pipeline or a hole in at least or cause some
Speaker 2: sort of disruption. I imagine that'd be pretty easy to do.
Speaker 2: That'd have to be a very heavily guarded line in
Speaker 2: the first place, by and it's going to cost a
Speaker 2: lot more in military in defense than would be just
Speaker 2: to a canal, you know, like I said, you know
Speaker 2: Panama Canal costs that would have been nineteen fourteen, I
Speaker 2: think be about seventeen billion today, and then we expanded
Speaker 2: it for another five billion. This is I mean, you're
Speaker 2: in the half a trillion dollar range here, right, And
Speaker 2: it could take twenty thirty forty years maybe I don't know,
Speaker 2: ten years, I don't know. So theoretically possible, I guess
Speaker 2: practically maybe not, but it seems to be the solutions.
Speaker 2: We got to find a way to get to take
Speaker 2: the straight of our moves out of the equation. That
Speaker 2: to me is the difficult task. But some quality toilet
Speaker 2: time was saying said they thinking this whole issue, and
Speaker 2: maybe you thought of the same thing, because I certainly
Speaker 2: don't claim to be the sharpest knife in the drawer,
Speaker 2: But they said, yeah, well we mess on the STRAIGHTFORRM.
Speaker 2: Is there a better way to move that oil out
Speaker 2: of that region? Canals and pipelines? We ought to be
Speaker 2: at least be looking at a kicking the tires on it.
Speaker 2: Otherwise our grandkids will be doing the same thing in
Speaker 2: a few years, and so it goes quick time out
Speaker 2: back with more. Scott's Loan Show continues on seven hundred
Speaker 2: Wold four minutes away from a news update here on
Speaker 2: seven hundred w scott Sloan Show, and then at eleven
Speaker 2: oh seven, she's Kentucky Representative Beverly Chester Burton, who is
Speaker 2: sponsoring legislation that we should pay attention to here in
Speaker 2: Ohio as well. Kentucky. We just had the street takeover
Speaker 2: this past weekend. Dozens of people jammed up in this thing,
Speaker 2: and it's going to get worse, not better, with the winter,
Speaker 2: the winter months behind us and the warm weather come
Speaker 2: up right. Her proposal there is because it really hit
Speaker 2: Louisville pretty hard where she's from, and she wants to
Speaker 2: after the second event. So first defense is pretty strict.
Speaker 2: We take your license and let's face it, license revocation
Speaker 2: and suspended people dus all the time. Like you look
Speaker 2: at a court docket. A lot of them are driving
Speaker 2: well suspended, driving insurance, but driving well suspended. People don't
Speaker 2: pay attention, don't care. Used to be like, well I
Speaker 2: don't have a license, I can't drive. Now people just
Speaker 2: don't care, so that I don't know if that's a
Speaker 2: deterrent or not. I don't think it is. But taking
Speaker 2: your car and crushing it, that is a deterrent. Now,
Speaker 2: my civil libertarian radar went up on that one, going, well,
Speaker 2: I've got issues in the past and the present with
Speaker 2: confiscation because we know it is abused, namely in drugs.
Speaker 2: There'd be people traveling with cash or driving their car
Speaker 2: with cash, and the authorities will seize it, going well,
Speaker 2: you've got ten thousand dollars here, what's it for. It's cash,
Speaker 2: I'm allowed to have. I come a lot to have
Speaker 2: as long as my money. I'm allowed to have a
Speaker 2: million dollars. The problem is that they will say, well,
Speaker 2: that's drug proceeds, even without proving it, and take the
Speaker 2: cash and other things as well. So I have a
Speaker 2: lot of problem with asset forfeiture because it's been abused
Speaker 2: like anything by the government. You know, you give me
Speaker 2: an opportunity, they're going to somebody. We're gonna abuse it
Speaker 2: because the money goes to police agencies and general funds,
Speaker 2: and that's a way for them to take more of
Speaker 2: our money that's not in the tax form. But this
Speaker 2: is an interesting one. You know, if the threat of
Speaker 2: having your car, you know, fifty sixty seventy thousand dollars car,
Speaker 2: it's spend her having that thing seized and crushed. Oh boy,
Speaker 2: that gets your attention. Anyway, she is on. It's her idea.
Speaker 2: We'll kick that around. Coming up at eleven oh seven
Speaker 2: here on the Scotslane Show on seven hundred WLW one.
Speaker 2: One think this is a perfect crime, but it's not.
Speaker 2: This woman in Colorado is looking at twenty years in
Speaker 2: prison for fraud. And what she did was she was
Speaker 2: a a mortician and this is not good. The family
Speaker 2: needed money. They were scared and desperate. They needed cash.
Speaker 2: No excuse, but that was the excuse. She helped her
Speaker 2: ex husband hide two hundred decomposing bodies and essentially turned
Speaker 2: the ashes over to people who had the families had
Speaker 2: their loved ones cremated, and instead of the ashes, she
Speaker 2: filled the urns with concrete mix. Don't I don't know
Speaker 2: how you discover it, because you know, my mom was
Speaker 2: cremated and my dad's a creama and the look at
Speaker 2: the ashes are like it does kind of look like
Speaker 2: concrete mix, and most people are probably not. You may
Speaker 2: look at it going, wonder what this looks like? You
Speaker 2: look at it, going, Okay, same thing with dogs, right, Oh,
Speaker 2: looks it's just white powder and it's all ground down. Anyways,
Speaker 2: there's really nothing identifying in these things. Everything else is
Speaker 2: taken out that you know, if you have an artificial whatever,
Speaker 2: they take that out. But I don't know how you
Speaker 2: tell who's actually doing a test to see if it's
Speaker 2: if if it actually has ashes something I don't know
Speaker 2: it did. Somebody's earned get wet and it turned into
Speaker 2: concrete and he went, wait, hold on, understand, I'm just
Speaker 2: trying and figuring out how how you would discover that
Speaker 2: it's not something you would test to make sure, but
Speaker 2: somebody did, and she's in prison and deservedly so, deservedly
Speaker 2: so so. And wonder how many people now are checking
Speaker 2: the ashes of their loved one. Kind of morbid I know,
Speaker 2: kind of a morbid topic. Anyway, Hopefully we do not
Speaker 2: have more traffic problems tomorrow morning like we did today.
Speaker 2: We'll recare that with news. We got weather, we've got
Speaker 2: the forecast, we've got traffic, as I mentioned, and of
Speaker 2: course a full news update, and then we will talk
Speaker 2: about whether or not you should have your car taken
Speaker 2: from you if you're street racing or you are doing
Speaker 2: a shutdown like we had this weekend with a street
Speaker 2: takeover in Cincinnati. Should you surrender your car and have
Speaker 2: it crushed before your eyes if you're guilty of those offenses?
Speaker 2: Kentucky lawmaker joins us next to talk about that. She's
Speaker 2: Beverly Chester Burton on the Scotsland Show Home of the
Speaker 2: Red seven hundred WWT Cincinnati.
Speaker 1: Do you want to be an American Scott's Low back
Speaker 1: on seven hundred ww Welcome to it, to the last
Speaker 1: gas with winter at least we hope anyway, with a
Speaker 1: snowfalling back to let's rewind it back to the weekend
Speaker 1: here thirty nine arrested sixty five cars toed in Cincinnati
Speaker 1: in the street takeover, and of course yesterday the courtrooms
Speaker 1: were filled with defendants in this case, all pleading not guilty.
Speaker 2: And now the question is, okay, how do we prevent
Speaker 2: this from happening in the first place? There may be
Speaker 2: something happening in Kentucky that there may be an answer here. Anyway,
Speaker 2: Kentucky lawmaker says, if you want to play that game
Speaker 2: in street racing and doing donuts and shutting down intersections.
Speaker 2: Then you know, the second time, not the first time,
Speaker 2: but the second time we catch you, we're going to
Speaker 2: take your car and put it in a crusher. We're
Speaker 2: going to destroy your vehicle. She is Commonwealth Representative Beverly
Speaker 2: Chester Burton from Louisville, joining the show this morning, sponsor
Speaker 2: of Kentucky House built for twenty five. Good morning, Representative
Speaker 2: chester Burton, how are you?
Speaker 7: Good morning?
Speaker 2: Thank you for having me, Yes, ma'am, I appreciate you
Speaker 2: taking time out for us up here in Ohio. So
Speaker 2: thirty nine people arrested, fifty five cars. Tody just wented
Speaker 2: this this past weekend. I'm sure you see street takeovers
Speaker 2: in Louisville as well and around the Commonwealth. Does that
Speaker 2: kind of mass event change a conversation about why Kentucky
Speaker 2: needs your proposal here House built four twenty five.
Speaker 7: Well, yesterday you know it's passed in the House and
Speaker 7: so we'll know it would now go to the Senate.
Speaker 7: But what happened, how this all start started, is because
Speaker 7: I had numerous requests and in twenty five about things
Speaker 7: that are happening in the communities regarding street racing, greg
Speaker 7: racing on the Expressway in communities, you know, all over
Speaker 7: I mean literally, and so after so many calls, you know,
Speaker 7: you have to, you know, pay attention and kind of
Speaker 7: investigate what's really going on.
Speaker 4: Uh.
Speaker 2: Do you think that the street takeovers should apply to this?
Speaker 2: Because I think generally speaking, reading through the bill, it
Speaker 2: has more to do with people who are drag racing.
Speaker 2: Should street takeovers be included in that?
Speaker 7: Absolutely? Because I mean, to me, that is another form
Speaker 7: of drag racing. I mean when you have people that
Speaker 7: are literally blocking intersections and blocking communities so that they can.
Speaker 4: You know, have a race.
Speaker 7: I mean, whether street racing drag racing. To me, it's
Speaker 7: pretty much one of the same.
Speaker 2: Yeah, I know that this failed last year. You said
Speaker 2: it got through that time. What's the difference? How did
Speaker 2: you change it to get across the finish line?
Speaker 7: What the difference is? I had conversations across the owls
Speaker 7: and across you know, with the Senate and the House
Speaker 7: members to let them know that it almost made it through.
Speaker 7: Last year, we simply went out of time. And so
Speaker 7: this time I started the conversation crawly, you know, when
Speaker 7: we started siling bills, and I'm letting them know I'm
Speaker 7: going to thousand again. It's still an issue. People are
Speaker 7: still commenting and you know, emailing me or you know,
Speaker 7: calling me about you know it didn't pass last time,
Speaker 7: or do you think it.
Speaker 4: Might do these times.
Speaker 2: So let me lay this out for folks in Kentucky. Well,
Speaker 2: I mean for anyone driving in Kentucky, and how this
Speaker 2: supplies to the street takeovers here in Cincinnati. So for
Speaker 2: the first defense, it'd be a five hundred dollars fine
Speaker 2: not more than a thousand dollars mean five hundred, not
Speaker 2: less than five hundred, not more than a thousand, or
Speaker 2: being in prison for not more than six months thirty days,
Speaker 2: and any murder vehicle used by the person commission of
Speaker 2: violations impounded for ninety days. So you lose your driving
Speaker 2: privileges for ninety days for the first defense. Second offense,
Speaker 2: you're fined between one thousand and two thousand dollars or
Speaker 2: up to a year in jail. Your operator's license to
Speaker 2: drive is suspended, and any motor vehicle used by the
Speaker 2: person and commission of the violation forfeited to the state
Speaker 2: to be disposed of under Kentucky law. So we will
Speaker 2: seize your vehicle for a second time and either sell
Speaker 2: it or destroy it. I guess more is a civil libertarian, Beverly.
Speaker 2: I'm concerned that now we have another civil asset forfeiture situation.
Speaker 2: As you know, when with drug arrests, we take somebody's
Speaker 2: caring a lot of cash and a commission of a
Speaker 2: felony drug stop, they seize the cash. And now we
Speaker 2: have people who are just well, it's not illegal to
Speaker 2: have ten thousand dollars or twenty thousand dollars cash with you,
Speaker 2: and now under pretext, they just seize the money. And
Speaker 2: there's been many cases where authorities have seized property across
Speaker 2: the country and not returned it even though the person's
Speaker 2: been a generated This is just another way to increase
Speaker 2: the revenues. How do you balance that in.
Speaker 7: This Well, what I guess one of the things that
Speaker 7: see that may be positive for this particular deal, it's
Speaker 7: a victim compensation, you know, which means that damage is
Speaker 7: from the tragic accidents or not directly compensated by the
Speaker 7: people responsible for actents. But the quo seed of the
Speaker 7: question or of this particular deal will be going to
Speaker 7: the crime Victim Compensation board. Oh and I felt even
Speaker 7: though many people see it. That's maybe not a good thing.
Speaker 7: The positive that comes out of that is that it's
Speaker 7: going to go to the Crime Victims Compensation Board.
Speaker 2: So the city or the state in this case will
Speaker 2: not make money off of it. And we we'll examine
Speaker 2: that in a minute. But the Cincinnati takeover talking about here,
Speaker 2: you got to be from Dayton, Columbus, probably even northern Kentucky,
Speaker 2: maybe in Louisville. Who knows crossing state lines to do this?
Speaker 2: Does the Commonwealth have to coordinate with Indiana and also
Speaker 2: Ohio for enforcement on this? Should it be up to
Speaker 2: the state. Should there be a I don't know, across
Speaker 2: the line effort here to prevent this from happening.
Speaker 7: Well, I mean you brought up an interesting you know
Speaker 7: thoughts here, because we know that when things are shut
Speaker 7: down in one community, people will move through the next community.
Speaker 7: So when I watched this information that you sent me
Speaker 7: regarding the build I mean, not the deal, but the
Speaker 7: information you sent me regarding what happened to take over
Speaker 7: in Cincinnati, I noticed or heard that there were people
Speaker 7: that were not even from the area. So what is
Speaker 7: happening is people will move from one community to the
Speaker 7: next when as they need to when things are shut down,
Speaker 7: and so I think it will require in the future
Speaker 7: that they to work together. It just continues.
Speaker 2: She is a Commonwealth representative Beverly Chester Burton. She's sponsoring
Speaker 2: this bill it moved through yesterday that that's going to
Speaker 2: allow for a second either street racing or drag racing offense.
Speaker 2: This is in Kentucky now that they're going to seize
Speaker 2: your car and crush it for a second offense, and
Speaker 2: it's any of any of the first offense is pretty
Speaker 2: prohibitive here too. En result though, Louisville Metro Police for
Speaker 2: you are Beverly Little recrushed a street racing card September,
Speaker 2: made a big deal out of it, and the video
Speaker 2: went viral. It went all over the country, but you
Speaker 2: still had a major street takeover a few months later.
Speaker 2: So what's your response to critics who say the destruction
Speaker 2: of property doesn't work.
Speaker 7: Well, I think it doesn't work if people don't know
Speaker 7: that it's happening. But I think once people are aware
Speaker 7: that they're paying attention during the lookout with those.
Speaker 3: Type of things.
Speaker 7: And I want to say, you know, last year, I
Speaker 7: know when we were introducing it every seventh states that
Speaker 7: have proposed the same type of legislation to increase facility. Yeah,
Speaker 7: you know so, I mean at least three states have
Speaker 7: advocated for the portraiture as atility for traffic accidents, So
Speaker 7: I mean we're not the only one. I think it's
Speaker 7: good to have conversations, of course, not only the state,
Speaker 7: but as the nation, to look at who's doing what
Speaker 7: and why they're doing it and have worked in their community.
Speaker 7: And that's what you know we are intending to do.
Speaker 2: Yeah, here in Ohio in the way Sudent Cincinnati, these
Speaker 2: folks are all facing first degree misdemeanors, and that, of
Speaker 2: course is a first degree is the highest level of misdemeanor.
Speaker 2: And the maximum penalty I believe is up to one
Speaker 2: hundred and eighty y days in jail, one thousand dollars fine.
Speaker 2: Is that too light for the first defense? Because I
Speaker 2: look at Kentuguyoo, you got going on here, and that
Speaker 2: is like we're taking your license. It's pretty it's pretty
Speaker 2: heavy penalty for the first time out. Does that just go? Well,
Speaker 2: it's a slap on the rest day. I've I don't
Speaker 2: have anything, you know, I haven't been arrested before. Let's say,
Speaker 2: I guess most of these people probably haven't maybe a
Speaker 2: few tickets here there. I'm probably not going to get
Speaker 2: jail time, will get suspended. I'll play court. Costs a
Speaker 2: few thousand dollars and I'm out the door. But I'll
Speaker 2: probably do it again.
Speaker 7: Well, I think it'll be a wake up call.
Speaker 4: God.
Speaker 7: I think that when people know the things are being
Speaker 7: seriously looked at, that it will make people think, you
Speaker 7: know what, I don't know if I want to do
Speaker 7: this again, and I know that if I had not
Speaker 7: heard from many people, you know, complain about what the
Speaker 7: what you know, people videotaking things that are happening in
Speaker 7: the community. Yeah, And I'm just trying to respond to
Speaker 7: people who have taken a look at what they see
Speaker 7: in the community happening that they don't like, and they
Speaker 7: want the legislators to do something about it.
Speaker 2: Essentially, that is I know that sounds kind of quaint, Beverly,
Speaker 2: because essentially that's what we send folks like you uh
Speaker 2: to uh to the state House for for here in
Speaker 2: Ohio and also federally, but our federal government doesn't seem
Speaker 2: to be doing doing that right now, actually listening to
Speaker 2: the people and you know, doing doing the work of
Speaker 2: the people. We have government spartial government shutdown, but that's
Speaker 2: a federal issue, not a local one. What happens here, yeah,
Speaker 2: go ahead, I'm sure.
Speaker 7: But but what I will applaud local legislators that are
Speaker 7: trying to do is that when they you know, address
Speaker 7: the problem that before it becomes to a state level,
Speaker 7: that they are trying to work it out on a
Speaker 7: local level, right and then when it doesn't you know,
Speaker 7: if when it doesn't happen, then when they reach out
Speaker 7: to the state legislators and well enough times rather then
Speaker 7: they will say, okay, we try to let you all,
Speaker 7: you know, palm this particular so called entertainment down. But see,
Speaker 7: it's not a harmless entertainment, you know, because you know,
Speaker 7: it's many different areas, you know, passengers, tgestions, and neighborhoods.
Speaker 7: And I think that's the big picture, neighborhoods. So you know,
Speaker 7: when they turn public roads into like a race track,
Speaker 7: then that's when the consequences change.
Speaker 2: Well, the fact of the matters, they're doing this in
Speaker 2: urban areas because of the backdrop. It's for video, it's
Speaker 2: for it's for clicks. Right back in the day, people
Speaker 2: with drag race and that certainly was dangerous, but they
Speaker 2: kind of do it not the way places usually only
Speaker 2: people get heard of. The two participants were racing from
Speaker 2: A to B. This is a much different thing. You're
Speaker 2: taking over entire city or you know, a major intersection,
Speaker 2: essentially for social media. That's the reason you're doing this.
Speaker 2: I think it's a little bit of a bit of
Speaker 2: a different and I agree with you on that one.
Speaker 2: And the truth is somewhere between an m One and Cincinnati,
Speaker 2: which is I mean, it's probably gonna be a slap
Speaker 2: on the wrist for most of these folks. I wonder
Speaker 2: if they'll participate in it again. I guess the other
Speaker 2: thing I would say is what and I this is
Speaker 2: the problem I had with the speed cameras in that
Speaker 2: you know, someone could be borrowing my car. It could
Speaker 2: be a son, daughter, or someone else, family member or
Speaker 2: a neighbor. Whoever, they blow through a light, I get
Speaker 2: the ticket. That's not fair. I'm not the person driving
Speaker 2: the car. Same thing here. What happens to an innocent
Speaker 2: vehicle owner, a parent, a spouse whose car is used
Speaker 2: by someone in a street takeover without their knowledge? Is
Speaker 2: they are they protected?
Speaker 4: Well?
Speaker 7: You know that's that's a good question. I mean, I
Speaker 7: think we're going to have to dive deeper into that
Speaker 7: because I think that there needs to be some type
Speaker 7: of communication that if someone is borrowing somebody else's vehicle,
Speaker 7: they need to be clear why they are borrowing it,
Speaker 7: you know, and if they don't, if they don't have
Speaker 7: knowledge of it, and they can validate and verify that.
Speaker 7: I think that's something that's a conversation to be had.
Speaker 7: I mean, the goal, the goal here is well, I
Speaker 7: think the goal here is as simple, you know, just
Speaker 7: trying to create a detergent so that people can understand that,
Speaker 7: you know, with lives or risks on our roads, that's
Speaker 7: going to be consequence. That's all I mean. I mean,
Speaker 7: the blast thing I want is to see anybody's you know,
Speaker 7: car taken away or anything like that. All I'm trying
Speaker 7: to do, or all we are trying to do from
Speaker 7: our legislature, is to answer the call of the community.
Speaker 2: Is there a distinction in the bill between participants and
Speaker 2: such spectators?
Speaker 7: I do nothing, so, I mean I don't have to
Speaker 7: deal before me. I'm sorry that do not have the
Speaker 7: build before me. But I don't think there is is there?
Speaker 2: Should there be a subtlety there. I mean, if you're
Speaker 2: there and going, wow, what is I'm stuck in traffic
Speaker 2: and I'm out of my car watching it because I
Speaker 2: can't move. Should I get jammed up like the people
Speaker 2: who are actually doing the donuts and shutting the intersection?
Speaker 2: And should there be even worse penalties if you can
Speaker 2: track down who organize these things, because that's all happening
Speaker 2: on social and online. It's a coordinated group that organize
Speaker 2: the event. These aren't spontaneous. I think there's got to
Speaker 2: be different distinctions there between organizers and people who are
Speaker 2: just watching it, watching it unfold.
Speaker 7: Well, I think they are organizers that they feel that
Speaker 7: they should not be part of this. But I will
Speaker 7: say this, if you're a spectator and you're witnessing that,
Speaker 7: to me, that means that you are in agreement, that
Speaker 7: you're okay with that, and if you especially if you
Speaker 7: know that it's in a legal situation we go on
Speaker 7: in street racing. But I don't think that people that
Speaker 7: are not aware and they happen, Like you just said,
Speaker 7: you're second tracking, you've witnessed what have you? I mean,
Speaker 7: that's you know those are probably you you know, incidents
Speaker 7: because you don't know that it's coming.
Speaker 4: Right.
Speaker 7: It's one thing we know that it's coming and you
Speaker 7: show up, but it's another thing when it's not. I
Speaker 7: think this is all about the people who truly participate
Speaker 7: in it, Okay.
Speaker 2: And that's good. I mean with traffic cameras and video
Speaker 2: and everything else, because they're posting. I mean, I'm just thinking,
Speaker 2: like maybe my daughter, who is of that age, should
Speaker 2: she's sitting in traffic all of a sudden there's a
Speaker 2: street takeover, and she'd probably well, I can't move because
Speaker 2: everything's blocked, get out of her car and probably start
Speaker 2: videoing it, and then it looks like she's a particupan
Speaker 2: you know I'm saying. And there's a very fine line there.
Speaker 2: I think going after those who are actually doing the
Speaker 2: driving and the organization should be the focus of this thing.
Speaker 2: If it passes it, yeah, go ahead.
Speaker 7: Well I think if you're you know, you're caught up
Speaker 7: in such a situation. I mean, the good thing about cameras.
Speaker 7: I know everybody's on license, but the good things about
Speaker 7: cameras is that you see what's really happening.
Speaker 2: Right right, A lot of evidence, there's a lot more evidence,
Speaker 2: and also also I think too that yeah, it's it
Speaker 2: certainly makes I think police a job, the police easier,
Speaker 2: that it makes their job easier, I should say too.
Speaker 2: I just wonder if it changes behavior that much. And
Speaker 2: if you invoke this and you crush a few cars,
Speaker 2: it sends a pretty strong message that we're not going
Speaker 2: to tolerate this stuff. Take it somewhere else, or take
Speaker 2: it to a place that doesn't enact these tough laws.
Speaker 2: But I think there are a lot of constitutional challenges,
Speaker 2: no doubt that you are going to face, and it
Speaker 2: certainly's got to be tweaked at this point. But again,
Speaker 2: it's a Kentucky house built four twenty five way the street.
Speaker 2: Takeover here this weekend in Cincinnati. In Kentucky, there's a
Speaker 2: proposal because they have the same problem in Louisville and
Speaker 2: Lexington and elsewhere. And that is all right, we're gonna
Speaker 2: hit you pretty hard with the first defense, second offense.
Speaker 2: We're gonna take your car and crush it. And you know,
Speaker 2: somebody say, well, taking the driver's license enough. If you
Speaker 2: look at a court docket, is you know Beverly Chester burden,
Speaker 2: There's people drive all the time without a license. The
Speaker 2: fact that you don't have a license, doesn't stop a
Speaker 2: lot of people on the roads. I think there'll be
Speaker 2: a lot fewer drivers if everyone by it. So taking
Speaker 2: your license is not does not mean that you're gonna
Speaker 2: prevent you from driving a car in the first place.
Speaker 2: So what's the time whine forgetting this thing through?
Speaker 7: Well, it's passed in the House yesterday, so now it
Speaker 7: has moved on to the Senate, and I have had
Speaker 7: conversations with people in the Senate that are know, looks
Speaker 7: like it's going to be you know, tracked in such
Speaker 7: a way that it will pass. So Uh, I'm just
Speaker 7: waiting to see the grand finale, and I'm hoping that
Speaker 7: people will look at this as not really a bill
Speaker 7: that we're trying to destroy, you know, entertainment of people
Speaker 7: that like this type of I guess the event, but
Speaker 7: it's the way you go about it. I mean, if
Speaker 7: you are on the highway and if you shut down
Speaker 7: an expressway, uh, and you got cause backed up, that's
Speaker 7: I mean, that's an issue. I would say, either build
Speaker 7: a build a build your own track, or find a
Speaker 7: track or what have you that you think that you
Speaker 7: want to direct race, but not on city roads, not
Speaker 7: in communities not on interstate that's just not appropriate.
Speaker 2: She is a Kentucky Commonwealth representative, Beverly Chester Burton sponsoring
Speaker 2: House Bill four twenty five, which, on a second offense,
Speaker 2: them and Wealth would take your car and crush it
Speaker 2: if you participate in drag racing or street takeovers like
Speaker 2: we saw this past weekend in Cincinnati. And I'm sure
Speaker 2: Ohio lawmakers are looking at you, going maybe how to
Speaker 2: explore this one as we see more street takeovers in
Speaker 2: big cities like Cincinnati, Columbus, Cleveland and elsewhere for that matter. Beverly,
Speaker 2: thanks for coming on the show this morning.
Speaker 7: I appreciate you, absolutely, thank you for the opportunity.
Speaker 2: All right, well speak again. You have a great day.
Speaker 2: Thank you so much. Yeah. The civil libertarian to me
Speaker 2: is like I got some issues with this one. The issue,
Speaker 2: you know, some of the things I pointed out here,
Speaker 2: but you know, the idea of the law is, how
Speaker 2: else are you going to stop people who don't abide
Speaker 2: by fines and forfeiting their driver's license. They're going to
Speaker 2: do it anyway. And if that's what the case is,
Speaker 2: and we know that to be true because there's a
Speaker 2: lot of drivers out there, more than you think. Who
Speaker 2: are driving without an operator's license? Y're driving well suspended.
Speaker 2: The court dotts are full of these things. How else
Speaker 2: do you get someone else's attention? It's certainly an interesting
Speaker 2: question to be answered. Scott's Loan Show. This is seven
Speaker 2: hundred WLW time to.
Speaker 5: Talk about money, how to make it, how to keep it,
Speaker 5: and how to keep there's off your stacks.
Speaker 2: This is all Worth Advice with Andy Schaeffer Andrew. A
Speaker 2: good morning, And is it a good morning today? I
Speaker 2: can never tell.
Speaker 3: It's always good.
Speaker 2: It's always a good morning.
Speaker 3: I don't know. Yeah.
Speaker 2: Yeah, Just don't look at your your four oh one K,
Speaker 2: your investments or anything. Get gas or anything like that,
Speaker 2: or beef for that man. You just see this one.
Speaker 2: We thought the beef prices are going to go down,
Speaker 2: and I think, what was it yesterday? Four thousand workers
Speaker 2: at a meatpacking plan in Colorado walked off the job.
Speaker 2: And it's at the slaughterhouse. The first big walk off
Speaker 2: we've had like this. And we may say beef prices
Speaker 2: go up even further. It's we can't catch a break here.
Speaker 3: Yeah, this is the big one for quite a while.
Speaker 4: You know.
Speaker 5: My understanding is that years ago when we had a
Speaker 5: significant corral, a lot of farmers and ranchers harvest their
Speaker 5: cattle earlier than usual because they wanted to make sure that,
Speaker 5: you know, their beetle was intact and that they were
Speaker 5: able to get that beef to the market. Well, that
Speaker 5: immediately created a shortage over the next couple of years.
Speaker 5: It takes you know, two to three years or so
Speaker 5: fors to become fully mature, be able to harvest, and
Speaker 5: so that is itself caused a decent amount of supply shortage.
Speaker 5: And then you know, secondarily, Mexico had an issue with
Speaker 5: a parasite with a lot of their cattle. And usually
Speaker 5: whatever we have a shortage, we go to Mexico to
Speaker 5: be whatever. You know, we're short as far as the
Speaker 5: cattle industry is concerned, and that significantly damaged kind of
Speaker 5: our backup plan. So, yeah, this is a little unnerving.
Speaker 5: You know, my wife and I like to have a
Speaker 5: stake from time to time. We get it from a
Speaker 5: local farmer who originately here in New Richmond, which is nice,
Speaker 5: but you know, from a national point of view, you
Speaker 5: know you're probably going to see prices continue to anchors.
Speaker 2: Yeah. Yeah, and we love steak and Cincinnati. We have
Speaker 2: a ton of great steak prs and you're gonna sure
Speaker 2: or even a burger for that matter. One of the
Speaker 2: things we saw this week too is and you know
Speaker 2: the past, we talks like, hey, the market's kind of
Speaker 2: got the you know, Trump or any president by this time,
Speaker 2: but kind of baked into the market. We kind of
Speaker 2: know what he's gonna do. He's up and down, but
Speaker 2: you know, the markets are going to stay fairly consistent.
Speaker 2: We've seen a whip saw this week over ran like
Speaker 2: we've never seen before. And one of the stories actually
Speaker 2: in the Financial Times I was reading was that, you know,
Speaker 2: some of investors are taking everything he says literally and
Speaker 2: other ones are ignoring it, and it's causing the markets
Speaker 2: to go up and down. And we really don't see
Speaker 2: it all that much when it comes to this president
Speaker 2: and why is it happening now?
Speaker 5: Well, I think he's very polarizing. You know, I had
Speaker 5: clients that leans far right. I have clients far left,
Speaker 5: and you know a lot of times when you're at
Speaker 5: those edges of the spectrum, you pay attention to the
Speaker 5: news that supports whatever you're thinking is already and some people,
Speaker 5: you know, take Trump at his word, and some people
Speaker 5: understand that there's probably more niversity employees there. But ultimately
Speaker 5: what's causing the volatility is is the price of oil.
Speaker 5: You know, last week we saw the price of oil
Speaker 5: spike above one hundred. Yesterday it came back a little
Speaker 5: bit into the mid nineties, and that's why we saw
Speaker 5: the markets, you know, rise about one percent yesterday because
Speaker 5: everybody's looking at the price of oil in which goes
Speaker 5: on in Iran, and so, you know, it continues to develop.
Speaker 5: You know, we're starting to get a little bit more
Speaker 5: clear to you about what's going on over there. Donald
Speaker 5: Trump is now putting pressure on our NATO partners to
Speaker 5: help him with opening up the straight of Hord News. Furthermore,
Speaker 5: Iran has now allowed some shipping out of the street
Speaker 5: and that caused a little bit of the fears yesterday
Speaker 5: when we saw oil prices fall a little bit. But
Speaker 5: what Iran is doing at this point is they're only
Speaker 5: allowing shipping to some of their partners, including China, India, Pakistan,
Speaker 5: those types of places. But there is some easing there
Speaker 5: now we'll see how that all plays out. The other
Speaker 5: thing you have to understand is that this is the
Speaker 5: straight uphoard moves is pretty cool too. Iran's economy as well.
Speaker 5: You know, even though they're only four percent of a
Speaker 5: global output, they rely on China's income and they want
Speaker 5: to keep in good relations with a lot of their
Speaker 5: trading partners and they don't want them to fall into crisis.
Speaker 5: You know, China depends on Iranian oil, so obviously it's
Speaker 5: in Iran's best interest to send oil to China. And
Speaker 5: so all of those things combined allowed for us to
Speaker 5: see a little bit of a dropping oil prices yesterday.
Speaker 3: And that's why he's just on the market trust.
Speaker 2: And we don't know what the off ramp is going
Speaker 2: to be. A lot of things have been thrown at
Speaker 2: the board. We still don't know the off ramp for
Speaker 2: what's happening in Iran and when we tap out or
Speaker 2: they tap out. But does that then mean that gas
Speaker 2: prices are going to get worse before they get better.
Speaker 5: Yes, yeah, because they lag a little bit, and so
Speaker 5: you know, when you start to look at gas prices,
Speaker 5: expect them to continue to increase. You know, hopefully this
Speaker 5: you know, we find an off rent to this conflict
Speaker 5: over the next couple of weeks, because if we don't
Speaker 5: and we don't see a lot more oil fly going
Speaker 5: through the tradeable moves. You know, we can see oil
Speaker 5: prices continue to rise, and you know, when you go
Speaker 5: back and you look at the data from financial steam point,
Speaker 5: if oil prices start to increase at a rate of
Speaker 5: seventy five percent of higher versus its previous annual has,
Speaker 5: then you can see a conflict as far as inflation
Speaker 5: starting to increase. And that's certainly what we don't want.
Speaker 5: We don't want the Fed to have to reverse years
Speaker 5: and start to raise interest rates again because that can
Speaker 5: certainly push us into recession. So everybody's keeping an eye
Speaker 5: on oil prices and we're also keeping an eye on,
Speaker 5: you know, whether that we can find a solution to
Speaker 5: the conflict that we have in Iran right now.
Speaker 2: And the president was tapping into the strategic petroleum reserve
Speaker 2: that would drop prices down. That that really hasn't it.
Speaker 2: They're dropping for different reasons. But uh, you know it
Speaker 2: was critical when Biden did this, oral Obama did this
Speaker 2: or try you know, it seems like every president's going
Speaker 2: to well, go to the strategic and it doesn't do anything.
Speaker 2: It didn't do anything, you know, three years ago four
Speaker 2: years ago. It's not going to do anything here.
Speaker 4: Is it.
Speaker 5: Well, I think it will alleviate some investor fears, and
Speaker 5: maybe the markets react because of that. Now in the
Speaker 5: big scheme of things, four hundred million barrels a day
Speaker 5: from a global standpoint, you know, it helps a little bit,
Speaker 5: but not significantly. What I do find interesting is that
Speaker 5: we actually lifted some sensions on Russia. Yeah, yes, other
Speaker 5: countries to buy some of its oil and load them
Speaker 5: on vessels. And you know, I found that that was
Speaker 5: you know, an interesting strategy because you know, hopefully that
Speaker 5: will increase oil production throughout the rest of the world.
Speaker 5: But obviously that's against you know, Trump's initial political plan
Speaker 5: to put the class on Russia a little bit. So
Speaker 5: you know, you can kind of feel the administration puckering
Speaker 5: a little bit on this, particularly if they're going to
Speaker 5: give Russia a pats I'm producing again, So you know,
Speaker 5: I think it's coming to a critical moment here over
Speaker 5: the next couple of weeks, and again hopefully we can
Speaker 5: you know, find some type of resolution.
Speaker 2: Well we hope so. And I guess the other thing too,
Speaker 2: is that, at least fundamentally speaking, the economic data is
Speaker 2: pretty steady in that regard, despite where the markets are
Speaker 2: going up and down in the escalation of the Middle
Speaker 2: each you know, we had some economic numbers come out,
Speaker 2: economic data. Why don't we talk about that and maybe
Speaker 2: assuage somebody's fears freaking out right now?
Speaker 5: Yeah, and I think that's really what you want to
Speaker 5: focus on. You know, the global conflicts generally can have
Speaker 5: an impact in markets on a short term perspective, but
Speaker 5: historically they really don't last very long, especially from an
Speaker 5: economic standpoint. So we did get some consumer inflation numbers
Speaker 5: last week. We saw hadline prices rise about point three percent,
Speaker 5: and that's the twelve month print remaining at two point
Speaker 5: four percent, and core inflation, which should excludes food and
Speaker 5: energy experience at point two percent monthly increase, so two
Speaker 5: point five percent year of year. And so generally why
Speaker 5: oil prices grab the headlines. You know, energy only comprises
Speaker 5: of about six percent of our total inflation, but when
Speaker 5: gas prices jump, it can feel like an immediate pay
Speaker 5: cut for consumers. And so, you know, the data has
Speaker 5: been pretty good, Labor market has been steady. You know,
Speaker 5: the the reading that we got two weeks ago wasn't
Speaker 5: very encouraging. We lost ninety two thousand jobs, and you
Speaker 5: know that was a lot less than what I'm sorry,
Speaker 5: a lot more than what's expected.
Speaker 3: So we'll see.
Speaker 5: You know, housing is starting to pick up a little bit.
Speaker 5: We saw home sales rise about one seven percent in January. So,
Speaker 5: you know, other than what's going on in Iran, I
Speaker 5: think you know, the takeaway here is that the economy
Speaker 5: is still plugging along.
Speaker 3: Okay.
Speaker 5: I think there's debolatory that we're seeing right now, the
Speaker 5: anticipation if something can go terribly wrong in Iran. So
Speaker 5: you know, my advice is to continue to stay of course,
Speaker 5: maybe make some small judgment to your portfolio, don't overreact
Speaker 5: to what's going on to you politically right now.
Speaker 2: Andy Schaeffer from all Worth Financial on the show this
Speaker 2: morning every Tuesday morning, a little money update on seven
Speaker 2: hundred WLW. We're seeing a little bit maybe expansion in
Speaker 2: the future. I mean, I know, the markets have been
Speaker 2: up and down and up and down and up and down.
Speaker 2: It's making everyone seasick at this point. But as you said,
Speaker 2: the trajectory overall there of this thing is still moving
Speaker 2: in the right direction.
Speaker 3: Yeah, it is moving in the right direction. And you know,
Speaker 3: I think that's telling.
Speaker 5: You know, when the FED gets together this month, I
Speaker 5: don't expect that we're going to see an interestrate cut.
Speaker 5: I think they can remain patient, but it will be
Speaker 5: interesting to see what kind of guidance we get from
Speaker 5: the Fed, particularly about the potential of inflation and oil
Speaker 5: prices and the like. But I think the Fed is
Speaker 5: remaining patient. I still think that we're probably looking at
Speaker 5: a quarter percent rate cut this summer, most likely in June.
Speaker 3: So nothing has really changed much there.
Speaker 5: Now we will get a lot of the FED members
Speaker 5: given their predictions of what interest rates will look like
Speaker 5: over the next year, so that will be interesting as well,
Speaker 5: and that will give us a little bit of insight
Speaker 5: to how the FED is thinking about not only does
Speaker 5: conflict but the state of our economy in general very good.
Speaker 2: One of the things I saw too, is that that,
Speaker 2: you know, what really drove this huge growth we've seen
Speaker 2: on Wall Street addition to AI, but a lot of
Speaker 2: private credit flooding the market as well, and now investors
Speaker 2: are trying to pull money out of those funds. What's
Speaker 2: going on?
Speaker 5: Yeah, and I think it's private credit is a little
Speaker 5: bit complicated to understand, but essentially you have these big
Speaker 5: hedge funds that offer private credit.
Speaker 3: What does that mean?
Speaker 5: What means private businesses that you know are issue issuing
Speaker 5: capital through loans well with private lending. You know, a
Speaker 5: lot of times these businesses obviously aren't as stable as
Speaker 5: the United States government and don't don't have the bathing
Speaker 5: and so what you get in returned is you get
Speaker 5: a little bit higher return as far as an interest
Speaker 5: rate is concerned. But what we are finding with the
Speaker 5: private credit, particularly when interest rates were low, is that
Speaker 5: a lot of these companies, for a lot of these
Speaker 5: hedge funds, were starting to take more risk in the
Speaker 5: private credit sector, so they were trying to chase yields
Speaker 5: a little bit. So if they wanted to get a
Speaker 5: seven or eight percent return, essentially, they would have to
Speaker 5: look at these businesses that are a little bit more
Speaker 5: risky as far as the health of their business is concerned.
Speaker 5: And what we've seen is that largely some of these
Speaker 5: companies have failed. And so this is starting to ignite
Speaker 5: a little bit of fear for those shareholders that are
Speaker 5: in these private hedge private hedge private funds, and they're
Speaker 5: starting to initiate withdrawals. While these private credit funds at
Speaker 5: this point are starting to limit withdrawals because they want
Speaker 5: to protect and stop the floodgates from completely opening, and
Speaker 5: they're fund collapsing overall. So it's it's started with Blue
Speaker 5: ou Out in California and now we're starting to see
Speaker 5: it with Black Rocks. There's some other providers like KKR
Speaker 5: that are starting to feel the pinch a little bit,
Speaker 5: you know. So I think a lot of times when
Speaker 5: you get into investments, you know, and we do offer
Speaker 5: private credit, I don't particularly have any clients that are
Speaker 5: in it, but when you get into invest investments that are,
Speaker 5: you know, touting specific returns that seem higher than normal,
Speaker 5: there's going to be some risk involved with that. So
Speaker 5: you want to make sure that you understand what types
Speaker 5: of investments you're getting in because they do all have risk.
Speaker 2: Okay, we're seeing a time now where you know, gas
Speaker 2: price are up. We led Andy Schaeffer with beef going
Speaker 2: up and the markets right, everyone's feeling absolutely you know,
Speaker 2: unless you've got crazy mad money, you're not feeling it
Speaker 2: at all. But let's face it, for most of us,
Speaker 2: we're feeling this, and the lower down you are on
Speaker 2: the economic scale, you feel the hell of a lot more.
Speaker 2: I did notice this for those of us kind of
Speaker 2: the middle and the upper part of that is the
Speaker 2: we have a record number of people who are taking money,
Speaker 2: pulling money from their far one k I think the
Speaker 2: genius though, is why they're doing that.
Speaker 5: Yeah, I think you know, a lot of people are
Speaker 5: starting to implement these hardship withdrawals. We're starting to see
Speaker 5: increase there. You know, hardship withdrawals can be anything from
Speaker 5: metal expenses you're purchasing a primary residence, tuition, funeral, expensive disasters,
Speaker 5: this types of thing. They've also actually expanded some of
Speaker 5: the reasons that you can take a hardship withdrawal to
Speaker 5: include things like domestic abuse. So I think that's good
Speaker 5: on the surface, but a lot of people are starting
Speaker 5: to tap in that resource. The problem is is that
Speaker 5: you know, you can pay taxes if you're under fifty
Speaker 5: nine and a half on those withdrawals, and potentially a
Speaker 5: ten percent penalty as well. So you should use it
Speaker 5: as a last resort, and furthermore, a lot of times
Speaker 5: people might look into maybe potentially taking a loan out
Speaker 5: of a four one KSE. The problem with that is
Speaker 5: is not only do you have to pay it five
Speaker 5: typically at a time for a about five years. But
Speaker 5: any money that you're pulling out of the market, you're
Speaker 5: losing that opportunity to participate in the returns of the market.
Speaker 5: And so if you had a loan out over the
Speaker 5: last three years in the market of fifteen to fifteen
Speaker 5: percent each year, you know you're missing out on some
Speaker 5: significant returns. Now, it is a last resort. It is
Speaker 5: a provision that I do support, and it does come
Speaker 5: in handy for people that are in a pinch.
Speaker 3: But I do think that you should use it as
Speaker 3: a last resort.
Speaker 2: But there are a lot of people that do it
Speaker 2: and say, you know what, I don't know if I'm
Speaker 2: gonna be alive in five, ten, twenty years, whatever the
Speaker 2: hell with that. I'm going to live for today. I
Speaker 2: kind of get that line of thinking. But you are
Speaker 2: slitting your own throat.
Speaker 5: Yeah, yeah, And unfortunately, most people's wealth is tied up
Speaker 5: into two things. It's tied up into their home and
Speaker 5: it's tied up into their four to one case. That
Speaker 5: is the standard of retirement planning.
Speaker 3: These things.
Speaker 5: You know back in two generations ago, is you work
Speaker 5: at one company for forty years, you get a pension
Speaker 5: and you get your social Security. There really wasn't a
Speaker 5: whole lot of investing. Well now most money is tied
Speaker 5: up into two entities that aren't exactly liquid until you
Speaker 5: retire or have the flexibility to move, and so this
Speaker 5: does provide a provision for that, you know, but hopefully
Speaker 5: people are starting to save a little bit more. That's
Speaker 5: why it's so important to have a decent amount of
Speaker 5: cash reserves that are at state in case you do
Speaker 5: come across emergencies where you don't even have to have
Speaker 5: this type of option. I know it's hard out there
Speaker 5: for most savers and most consumers here in the United States,
Speaker 5: but try to put a little bit away each month,
Speaker 5: trying to put twenty five dollars away, maybe fifty dollars away,
Speaker 5: and ultimately that you know, you take that out of
Speaker 5: your paycheck instead of it aside, and you know your
Speaker 5: lifestyle will adjust to that, and then if you do
Speaker 5: come across an emergency in your life, you'll have that
Speaker 5: available and you don't have to worry about tapping into
Speaker 5: these types of bums.
Speaker 2: It's a miracle of compounding, right. We look at the
Speaker 2: markets and but again they continue to grow and your
Speaker 2: your assetal grows well. Andy Schaeffer from all Worth Financial.
Speaker 2: Their show is Simply Money Ares at six o'clock week
Speaker 2: nights on fifty five care see and via the podcast
Speaker 2: as well. Drew, have a great week. We'll talk again
Speaker 2: next Tuesday, hopefully with better news. Always optimistic, optimistic. It's
Speaker 2: going to grow. It always grows, It does, it does.
Speaker 2: Willie is on the way in just a few minutes,
Speaker 2: right after news here and the national anthem, and of
Speaker 2: course we are getting ready for baseball. We're inside two weeks.
Speaker 2: Can you believe it?
Speaker 3: So?
Speaker 2: Home of the Red seven hundred wwt Cincinat