1 00:00:04,320 --> 00:00:07,080 Speaker 1: This is America's Truncking Network with Kevin Gordon. 2 00:00:08,880 --> 00:00:13,240 Speaker 2: Welcome aboard, Thanks for tuning in on this Tuesday morning. Well, 3 00:00:13,400 --> 00:00:17,079 Speaker 2: I guess Mother Nature and winter isn't done with us yet. 4 00:00:17,560 --> 00:00:20,479 Speaker 2: We still have a bunch of winter weather that we 5 00:00:20,560 --> 00:00:24,279 Speaker 2: need to talk about here real quick. Major winter storm 6 00:00:24,560 --> 00:00:27,720 Speaker 2: ongoing in the Upper Midwest and Great Lakes, severe weather 7 00:00:27,760 --> 00:00:31,639 Speaker 2: along the East Coast. Major winter storm will continue to 8 00:00:31,680 --> 00:00:36,720 Speaker 2: bring blizzard conditions, heavy snowfall, icing, and strong winds through 9 00:00:36,760 --> 00:00:39,920 Speaker 2: this morning and through this morning across the Upper Midwest 10 00:00:39,960 --> 00:00:45,080 Speaker 2: and Upper Great Lakes, tapering off by tonight. Mid Widespread 11 00:00:45,280 --> 00:00:49,280 Speaker 2: severe storms are expected across the entire Eastern US, with 12 00:00:49,360 --> 00:00:53,040 Speaker 2: the highest threat over the interior mid Atlantic, where there 13 00:00:53,159 --> 00:00:56,760 Speaker 2: is a risk for damaging wind gusts and a few tornadoes. 14 00:00:58,280 --> 00:00:59,560 Speaker 3: He continues to build. 15 00:00:59,600 --> 00:01:04,920 Speaker 2: In the West, daily record tying breaking highs will become 16 00:01:05,160 --> 00:01:09,240 Speaker 2: more common this week now in the Greater Cincinnati Northern 17 00:01:09,319 --> 00:01:12,759 Speaker 2: Kentucky area. As I mentioned several times before, I live 18 00:01:12,880 --> 00:01:15,640 Speaker 2: up on a hill we overlooked the Licking River and 19 00:01:15,920 --> 00:01:19,040 Speaker 2: it's one of the highest points. And over the weekend 20 00:01:19,080 --> 00:01:21,360 Speaker 2: we got these wind gusts of up to fifty five 21 00:01:21,400 --> 00:01:23,520 Speaker 2: miles an hour and I thought the you know, I 22 00:01:23,600 --> 00:01:26,200 Speaker 2: thought the roof was going to come off the building 23 00:01:26,560 --> 00:01:28,840 Speaker 2: or our windows were going to break out. But that 24 00:01:29,000 --> 00:01:32,080 Speaker 2: is some severe wind wind. And we got a bunch 25 00:01:32,160 --> 00:01:34,240 Speaker 2: of wind on Friday. We were supposed to I think 26 00:01:34,319 --> 00:01:36,759 Speaker 2: on Saturday too. We were supposed to have a bunch 27 00:01:36,760 --> 00:01:42,039 Speaker 2: of wind on Sunday, but that didn't really materialize until 28 00:01:42,120 --> 00:01:44,840 Speaker 2: late in the evening, and then all of a sudden, 29 00:01:45,080 --> 00:01:48,800 Speaker 2: yesterday afternoon it started, and then we got some snow. 30 00:01:49,080 --> 00:01:52,440 Speaker 2: And yesterday the temperature got up to I think a 31 00:01:52,640 --> 00:01:55,320 Speaker 2: seventy three and then all of a sudden it plunges 32 00:01:55,360 --> 00:01:57,840 Speaker 2: and we get snow. There was a point this afternoon 33 00:01:57,880 --> 00:02:00,880 Speaker 2: around oh gosh, about three o'clock or so where there 34 00:02:00,960 --> 00:02:05,000 Speaker 2: was wide out conditions. I couldn't even see across the valley. So, 35 00:02:05,600 --> 00:02:08,040 Speaker 2: like I said, mother Nature is not done with us yet, 36 00:02:08,080 --> 00:02:10,760 Speaker 2: and we'll keep you posting. Of course, we have weather 37 00:02:10,800 --> 00:02:12,680 Speaker 2: at the bottom of the hour of the full forecast. 38 00:02:12,919 --> 00:02:14,720 Speaker 2: But I wanted to give you a heads up because 39 00:02:14,760 --> 00:02:17,960 Speaker 2: again you might be incurring or might be seeing something 40 00:02:18,160 --> 00:02:20,880 Speaker 2: that isn't on your weather map or weather app rather 41 00:02:21,200 --> 00:02:24,200 Speaker 2: and something that comes up unexpected. So again, if you 42 00:02:24,280 --> 00:02:27,520 Speaker 2: see something ahead of you that you didn't expect. Let 43 00:02:27,520 --> 00:02:29,720 Speaker 2: the people behind you know, and then of course the 44 00:02:29,760 --> 00:02:32,880 Speaker 2: people in front of you hopefully they will let you 45 00:02:32,960 --> 00:02:35,880 Speaker 2: know because again, as we always say on this program, 46 00:02:36,120 --> 00:02:41,080 Speaker 2: a job one is getting home safe again. Over the weekend, 47 00:02:41,120 --> 00:02:44,359 Speaker 2: it was weird weather. I mean it was very warm 48 00:02:44,400 --> 00:02:48,480 Speaker 2: and instances. We had one of the dairy bars in 49 00:02:48,520 --> 00:02:52,040 Speaker 2: the area that opened, and every year we always try 50 00:02:52,040 --> 00:02:54,120 Speaker 2: to make it a point to go down there on 51 00:02:54,280 --> 00:02:57,440 Speaker 2: opening day just for the heck of it, and you know, 52 00:02:57,560 --> 00:02:59,400 Speaker 2: just because it's cool. It's a kind of right of 53 00:02:59,520 --> 00:03:02,840 Speaker 2: passage the spring and so on. But I'll tell you what, 54 00:03:03,480 --> 00:03:05,919 Speaker 2: it was pretty tarn cold. They had a pretty good 55 00:03:05,960 --> 00:03:09,160 Speaker 2: turnout though, but again we were in those periods of 56 00:03:09,200 --> 00:03:12,280 Speaker 2: time where the weather is unpredictable. As a matter of fact, 57 00:03:12,680 --> 00:03:14,839 Speaker 2: you know, I do remember that there was a year 58 00:03:15,360 --> 00:03:17,960 Speaker 2: and I remember that because it was you know, tax day, 59 00:03:18,000 --> 00:03:20,440 Speaker 2: April of fifteenth, and we had about an inch of 60 00:03:20,480 --> 00:03:22,560 Speaker 2: snow out on the deck. And I think the day 61 00:03:22,600 --> 00:03:25,240 Speaker 2: before I had been out on the deck doing show 62 00:03:25,280 --> 00:03:28,200 Speaker 2: prep and some other stuff. But the next day wake 63 00:03:28,320 --> 00:03:30,359 Speaker 2: up to find about an inch of snow on the 64 00:03:30,400 --> 00:03:34,000 Speaker 2: on the on the deck. So we're not out of winter. 65 00:03:34,120 --> 00:03:36,200 Speaker 2: Yet we're supposed to be heading in the spring, I 66 00:03:36,240 --> 00:03:39,400 Speaker 2: think shortly, but you can't really depend on that. 67 00:03:40,800 --> 00:03:42,240 Speaker 3: Some other news, I want to talk. 68 00:03:42,120 --> 00:03:47,560 Speaker 2: About oil prices pretty much, because obviously that those numbers, 69 00:03:47,600 --> 00:03:50,400 Speaker 2: as far as diesel prices are jumping up, and of 70 00:03:50,440 --> 00:03:54,960 Speaker 2: course the life's brought blood of the world economy is 71 00:03:55,520 --> 00:04:00,960 Speaker 2: there in the is in oil, and if that slows down, 72 00:04:01,080 --> 00:04:04,920 Speaker 2: if that trickles, if there's an interruption there, that sends 73 00:04:04,960 --> 00:04:08,440 Speaker 2: the entire world economy on its ear. And what is 74 00:04:08,480 --> 00:04:14,320 Speaker 2: surprising to me is the lack of support, the cowardice, 75 00:04:14,520 --> 00:04:17,200 Speaker 2: if you will, of some of these other countries. 76 00:04:17,360 --> 00:04:18,280 Speaker 3: But we'll get into that. 77 00:04:18,560 --> 00:04:20,920 Speaker 2: Let's take a look real quick at oil and gas prices, 78 00:04:20,920 --> 00:04:23,520 Speaker 2: and we'll talk a little bit about what's going on 79 00:04:23,760 --> 00:04:27,120 Speaker 2: in the markets themselves. Phil Flynn had a very interesting 80 00:04:28,400 --> 00:04:30,480 Speaker 2: energy report this morning and some of the things that 81 00:04:30,520 --> 00:04:33,440 Speaker 2: he pointed out there or yesterday morning, I should say, 82 00:04:34,320 --> 00:04:37,680 Speaker 2: westex EnterMedia crude currently is ninety three dollars and eighty 83 00:04:37,720 --> 00:04:40,720 Speaker 2: four cents a barrel. That is down four dollars and 84 00:04:40,760 --> 00:04:45,160 Speaker 2: eighty seven cents or four point nine three almost five percent. 85 00:04:45,600 --> 00:04:47,919 Speaker 2: Brent crude currently is at one hundred dollars and forty 86 00:04:47,920 --> 00:04:50,640 Speaker 2: two cents a barrel. That's down two dollars and seventy 87 00:04:50,680 --> 00:04:55,080 Speaker 2: two cents, or two point sixty seven percent. Looking at 88 00:04:55,120 --> 00:04:58,600 Speaker 2: oil and gas or actually gas prices, Gas currently is 89 00:04:58,640 --> 00:05:01,400 Speaker 2: at the nationwide a average of three dollars and seventy 90 00:05:01,440 --> 00:05:06,039 Speaker 2: two cents. That is up considerably from just a month 91 00:05:06,080 --> 00:05:10,280 Speaker 2: ago when we were at two dollars and ninety two cents, 92 00:05:10,520 --> 00:05:14,080 Speaker 2: and even before that we were down around two well, no, 93 00:05:14,160 --> 00:05:16,640 Speaker 2: it was about two ninety four to ninety two, so 94 00:05:16,880 --> 00:05:19,720 Speaker 2: nationwide average we were up about eighty cents from where 95 00:05:19,760 --> 00:05:23,240 Speaker 2: we were back then. Diesel prices currently the national averages 96 00:05:23,320 --> 00:05:26,320 Speaker 2: is four dollars and ninety eight cents. Four dollars and 97 00:05:26,400 --> 00:05:30,520 Speaker 2: ninety nine cents. Actually again that from a month ago. 98 00:05:30,960 --> 00:05:33,960 Speaker 2: That is up a dollar thirty in just a month. 99 00:05:34,480 --> 00:05:36,480 Speaker 2: And oil or. 100 00:05:36,480 --> 00:05:39,080 Speaker 3: Actually gas prices were headed in the right direction. 101 00:05:39,760 --> 00:05:44,800 Speaker 2: But you know, with a RAN, it just indicates just 102 00:05:44,880 --> 00:05:49,760 Speaker 2: how necessary that conflict is. Forty seven years of them 103 00:05:49,800 --> 00:05:53,760 Speaker 2: being the bully of the Mideast, them threatening their neighbors, 104 00:05:53,800 --> 00:05:57,719 Speaker 2: threatening Israel, threatening destruction of Israel, and all of this 105 00:05:57,800 --> 00:06:01,000 Speaker 2: stuff being tied up over the years, only somebody comes 106 00:06:01,040 --> 00:06:03,479 Speaker 2: in and I've heard it equated to, you know, you've 107 00:06:03,480 --> 00:06:06,320 Speaker 2: got this bully in the school that everybody's afraid of, 108 00:06:06,360 --> 00:06:09,000 Speaker 2: and the new kid comes into school and says, you know, 109 00:06:09,040 --> 00:06:11,320 Speaker 2: I'm you know, just doesn't know any better, and goes 110 00:06:11,400 --> 00:06:14,640 Speaker 2: up and punches a person in the nose. And I 111 00:06:14,680 --> 00:06:19,400 Speaker 2: saw over the weekend that Donald Trump back in nineteen 112 00:06:19,640 --> 00:06:23,640 Speaker 2: eighty eight talked about the Strait of Hormuz and how 113 00:06:23,760 --> 00:06:27,920 Speaker 2: important that was and the effect of that carg Island 114 00:06:27,960 --> 00:06:32,600 Speaker 2: now it can be pronounced Cark Island, but this is 115 00:06:31,640 --> 00:06:35,800 Speaker 2: a peninsula out there. It's an area where it's a 116 00:06:35,839 --> 00:06:40,920 Speaker 2: deep water port where ninety percent of Iran's oil goes 117 00:06:40,960 --> 00:06:43,680 Speaker 2: through in order to get loaded on ships and go 118 00:06:43,760 --> 00:06:46,240 Speaker 2: through the Straits and go on through the Red Sea 119 00:06:46,400 --> 00:06:49,960 Speaker 2: on into the rest of the you know, the East 120 00:06:50,640 --> 00:06:53,560 Speaker 2: Eastern countries, is what I'm trying to say. Comes out 121 00:06:53,560 --> 00:06:57,520 Speaker 2: of the Gulf of Golf of Aiden, goes into the 122 00:06:57,560 --> 00:07:01,400 Speaker 2: Indian Ocean and then on around to Southeast Asia, China 123 00:07:01,440 --> 00:07:04,960 Speaker 2: and wherever. But that has been a sticking point, and 124 00:07:05,040 --> 00:07:06,760 Speaker 2: Donald Trump pointed this back. 125 00:07:06,520 --> 00:07:08,800 Speaker 3: Out in nineteen ninety nineteen eighty eight. 126 00:07:09,520 --> 00:07:12,680 Speaker 2: He mentioned at that point that as president, if he 127 00:07:12,760 --> 00:07:16,960 Speaker 2: were president, the policy should be if any American is 128 00:07:17,160 --> 00:07:23,080 Speaker 2: attacked or injured or shot or killed, that that port 129 00:07:23,120 --> 00:07:26,000 Speaker 2: should be destroyed and they should take it out. Now, 130 00:07:26,120 --> 00:07:29,680 Speaker 2: over the weekend, there were attacks on that the military 131 00:07:29,760 --> 00:07:34,200 Speaker 2: infrastructure on that island Cark Island, Cark Island, depending upon 132 00:07:34,200 --> 00:07:37,360 Speaker 2: how you pronounced it, All of the infrastructure, as far 133 00:07:37,400 --> 00:07:41,040 Speaker 2: as the oil was left standing. Because again, as the 134 00:07:41,080 --> 00:07:44,000 Speaker 2: country rebuilds and as they come out of this war 135 00:07:44,280 --> 00:07:46,720 Speaker 2: and a new regime, they are going to have to 136 00:07:46,760 --> 00:07:50,360 Speaker 2: have stuff in place and infrastructure in order to become 137 00:07:50,480 --> 00:07:54,640 Speaker 2: part of the world economy again and stop being in 138 00:07:54,680 --> 00:07:57,680 Speaker 2: the dark ages. Phil Flynn pointed out in his Energy 139 00:07:57,720 --> 00:08:02,520 Speaker 2: report over the week on Friday actually or last week, 140 00:08:02,640 --> 00:08:04,640 Speaker 2: kind of a little bit of a history of Carg 141 00:08:04,720 --> 00:08:08,600 Speaker 2: Island that that was a deep the island, steep water 142 00:08:08,720 --> 00:08:12,960 Speaker 2: base burths allowed to accommodate very large crud ships and 143 00:08:13,000 --> 00:08:17,840 Speaker 2: so on, developed in nineteen sixty in the sixties by 144 00:08:17,920 --> 00:08:22,200 Speaker 2: a US Iranian joint venture. You know, we forget or 145 00:08:22,240 --> 00:08:24,880 Speaker 2: there's you know, people are well, you talk about forty 146 00:08:24,880 --> 00:08:27,480 Speaker 2: seven years, so there's a lot of people that don't 147 00:08:27,560 --> 00:08:30,840 Speaker 2: realize that Iran at one point was a very big 148 00:08:31,720 --> 00:08:35,719 Speaker 2: ally of the United States. Saudi Arabia were allies of 149 00:08:35,760 --> 00:08:38,959 Speaker 2: the United States back before the Gulf Wars, and they 150 00:08:39,000 --> 00:08:42,240 Speaker 2: decided that they wanted to attack Israel, which led to 151 00:08:42,280 --> 00:08:45,880 Speaker 2: the nineteen seventy four oil embargo and all that sort 152 00:08:45,880 --> 00:08:48,840 Speaker 2: of stuff. All that, but in the sixties, we were 153 00:08:48,880 --> 00:08:53,040 Speaker 2: developing oil fields in Saudi Arabia. We were developing this 154 00:08:53,679 --> 00:08:58,080 Speaker 2: Kark Island, this seaport for Iran because they were an 155 00:08:58,160 --> 00:09:01,200 Speaker 2: ally of ours, and so we've got a lot of 156 00:09:01,200 --> 00:09:04,560 Speaker 2: money invested and we have invested heavily in that area 157 00:09:04,640 --> 00:09:08,280 Speaker 2: over there, and it's very important to keep that infrastructure intact. 158 00:09:08,760 --> 00:09:11,720 Speaker 2: And when you have a bully there like Iran that 159 00:09:11,840 --> 00:09:16,360 Speaker 2: threatened ships going through international waters, we're talking about inter 160 00:09:16,720 --> 00:09:20,640 Speaker 2: national waters. And the fact that some of these countries 161 00:09:20,720 --> 00:09:24,080 Speaker 2: aren't stepping up to the plate and stepping up into 162 00:09:24,200 --> 00:09:27,160 Speaker 2: the freight tells us a lot about how weak our 163 00:09:27,200 --> 00:09:29,440 Speaker 2: allies are. We'll talk a little bit more about this 164 00:09:29,520 --> 00:09:32,160 Speaker 2: coming up. I'm Kevin Gordon, America's Truck and Network seven 165 00:09:32,240 --> 00:09:33,920 Speaker 2: hundred WLW. 166 00:09:34,600 --> 00:09:37,640 Speaker 1: I need This is the racing reboard on America's Truck 167 00:09:37,640 --> 00:09:39,959 Speaker 1: and Network on seven hundred WLW. 168 00:09:40,800 --> 00:09:43,360 Speaker 4: Denny Hamlin drove the dominant Car to victory Sunday and 169 00:09:43,400 --> 00:09:46,120 Speaker 4: the penns Oil four hundred at Las Vegas Motor Speedway. 170 00:09:46,400 --> 00:09:49,400 Speaker 4: It was Hamlin's first victory of the season, third overall 171 00:09:49,440 --> 00:09:51,600 Speaker 4: into second straight at the mile and a half oval, 172 00:09:51,760 --> 00:09:54,280 Speaker 4: and his sixty first of his career, good for tenth 173 00:09:54,679 --> 00:09:57,240 Speaker 4: on the all time list. Heblin overcame a pit road 174 00:09:57,360 --> 00:10:00,640 Speaker 4: speeding penalty at the first stage break as rallied to 175 00:10:00,720 --> 00:10:03,400 Speaker 4: lead a race high one hundred and thirty four laps. 176 00:10:03,400 --> 00:10:07,559 Speaker 4: On Sunday in Vegas, Kyle Kirkwood took the NTT IndyCar 177 00:10:07,720 --> 00:10:10,640 Speaker 4: Series Championship lead and earned his first victory of the season, 178 00:10:10,960 --> 00:10:14,360 Speaker 4: taking the victory under caution holding off Alex palo and 179 00:10:14,400 --> 00:10:19,080 Speaker 4: the inaugural Grand Prix of Arlington in Texas history was 180 00:10:19,080 --> 00:10:21,559 Speaker 4: made in Formula one on Sunday, is Nineteen year old 181 00:10:21,600 --> 00:10:25,000 Speaker 4: Kimi Antonelli drove the victory and the Chinese Grand Prix. 182 00:10:25,360 --> 00:10:29,080 Speaker 4: Nineteen years old Antonelli becomes the second youngest winner in 183 00:10:29,240 --> 00:10:30,160 Speaker 4: series history. 184 00:10:30,679 --> 00:10:36,440 Speaker 5: You know, such a great result. You know, I achieved 185 00:10:36,480 --> 00:10:39,120 Speaker 5: one of my dreams, which was to win the World 186 00:10:39,200 --> 00:10:42,280 Speaker 5: champ to win the race, and then my next one, 187 00:10:42,320 --> 00:10:45,000 Speaker 5: of course, is to win the World championship, but the 188 00:10:45,120 --> 00:10:47,679 Speaker 5: road is still long, and you know, George is a 189 00:10:48,040 --> 00:10:50,240 Speaker 5: super strong and it's going to take a lot to 190 00:10:50,480 --> 00:10:53,040 Speaker 5: beat him. But you know, I'm going to enjoy as 191 00:10:53,120 --> 00:10:55,839 Speaker 5: much as possible today because it's a great day. 192 00:10:56,559 --> 00:10:59,080 Speaker 4: Formula One officials also announced over the weekend in the 193 00:10:59,160 --> 00:11:02,560 Speaker 4: upcoming races at Bahrain and Saudi Arabia will not take 194 00:11:02,600 --> 00:11:05,760 Speaker 4: place in April due to the ongoing conflict between the 195 00:11:05,840 --> 00:11:08,640 Speaker 4: United States and Iran in the Middle East. F won 196 00:11:08,760 --> 00:11:11,280 Speaker 4: the movie Won an Oscar Sunday for the best sound 197 00:11:11,600 --> 00:11:13,760 Speaker 4: at the Star Studed event in Hollywood. 198 00:11:15,520 --> 00:11:18,880 Speaker 1: This is the briefing report on America's Trucking Network on 199 00:11:19,080 --> 00:11:20,560 Speaker 1: seven hundred WLW. 200 00:11:21,200 --> 00:11:25,120 Speaker 4: Say Dennis are reporting for a t N. 201 00:11:25,840 --> 00:11:28,680 Speaker 3: I'm John Morgan of Morgan and Morgan. My best advice 202 00:11:28,720 --> 00:11:28,960 Speaker 3: to you. 203 00:11:30,480 --> 00:11:34,720 Speaker 2: I'm Kevin Gordon, America's truck in Network, seven hundred WLW. 204 00:11:34,800 --> 00:11:38,400 Speaker 2: Thanks for staying tuned, Thanks for tuning in. I should 205 00:11:38,400 --> 00:11:42,640 Speaker 2: say in the previous segment we're talking about what is 206 00:11:42,720 --> 00:11:45,400 Speaker 2: going on over there in the Mideast as far as 207 00:11:45,400 --> 00:11:48,360 Speaker 2: Iran as concerned, and I mentioned that Phil Flynn had 208 00:11:48,400 --> 00:11:51,560 Speaker 2: a very interesting energy report yesterday where he talked about 209 00:11:51,600 --> 00:11:55,400 Speaker 2: what was going on. Now, let's not forget. We have NATO, 210 00:11:56,040 --> 00:12:01,520 Speaker 2: which is supposed to be this Northern Atlantic Treaty organization, 211 00:12:01,960 --> 00:12:05,720 Speaker 2: which is made up of all these European countries Britain, France, Italy, 212 00:12:05,880 --> 00:12:09,199 Speaker 2: so on, Turkey and so on, and it's a coalition 213 00:12:09,360 --> 00:12:12,079 Speaker 2: during the Cold War that was set there as a 214 00:12:12,160 --> 00:12:16,559 Speaker 2: defense against the USSR, as a defense on the expansion 215 00:12:16,679 --> 00:12:20,959 Speaker 2: capabilities of the expansion desire on the part of the 216 00:12:21,080 --> 00:12:24,600 Speaker 2: USSR at that point during the Cold War. And the 217 00:12:24,640 --> 00:12:27,760 Speaker 2: process of this or the basis of this, and what 218 00:12:27,840 --> 00:12:30,360 Speaker 2: they talk about is Article five. You may have heard 219 00:12:30,400 --> 00:12:33,160 Speaker 2: about that a lot of times. They talk about that 220 00:12:33,400 --> 00:12:37,600 Speaker 2: an attack on one is considered an attack on all, 221 00:12:38,160 --> 00:12:41,680 Speaker 2: and all are supposed to come to the defense. Now, 222 00:12:42,679 --> 00:12:47,160 Speaker 2: Iran has fired missiles at Turkey, that is an attack 223 00:12:47,280 --> 00:12:51,160 Speaker 2: on a NATO ally. There has been missiles fired at Cyprus, 224 00:12:51,480 --> 00:12:54,840 Speaker 2: that is an attack on a NATO ally. Where are 225 00:12:54,880 --> 00:12:58,920 Speaker 2: the NATO forces? Where is NATO stepping into this breach? 226 00:12:59,640 --> 00:13:03,600 Speaker 2: Now that gives you an indication of why Russia was 227 00:13:03,679 --> 00:13:11,280 Speaker 2: able to invade the Crimean a portion of Ukraine back 228 00:13:11,280 --> 00:13:15,120 Speaker 2: in twenty twelve under Obama because Ukraine was. 229 00:13:15,080 --> 00:13:17,720 Speaker 3: Not part of NATO. And we had a week. 230 00:13:17,559 --> 00:13:21,000 Speaker 2: President then, as we did in twenty twenty two with 231 00:13:21,160 --> 00:13:24,840 Speaker 2: Joe Biden, people that won't stand up to Putin, and 232 00:13:24,920 --> 00:13:28,400 Speaker 2: of course they invaded Crimea and took over that part, 233 00:13:28,880 --> 00:13:32,480 Speaker 2: and then in twenty twenty two invaded Ukraine to take 234 00:13:32,520 --> 00:13:35,840 Speaker 2: over part of that or to destroy that entire country. 235 00:13:36,360 --> 00:13:39,560 Speaker 2: NATO didn't step up, the UN didn't step up. The 236 00:13:39,600 --> 00:13:42,160 Speaker 2: only people that stepped up, basically who was the United 237 00:13:42,160 --> 00:13:46,040 Speaker 2: States sending weapons to Ukraine to fight them off. Now 238 00:13:46,120 --> 00:13:51,959 Speaker 2: NATO is actually under attack by Turkey through Turkey and 239 00:13:52,000 --> 00:13:56,000 Speaker 2: through Cyprus, and they're still messing about trying to figure 240 00:13:56,040 --> 00:13:58,040 Speaker 2: out how much they're going to send. 241 00:13:58,440 --> 00:13:59,800 Speaker 3: Phil Flynn points out. 242 00:13:59,760 --> 00:14:02,680 Speaker 2: Is the title of this the coalition of some of 243 00:14:02,720 --> 00:14:06,920 Speaker 2: the willing oil prices spiked but failed to surpass the 244 00:14:07,000 --> 00:14:12,079 Speaker 2: recent highs US attack when US attacked oil export lifeblood 245 00:14:12,160 --> 00:14:15,280 Speaker 2: carg Island, sending a message to what's left of the 246 00:14:15,320 --> 00:14:18,840 Speaker 2: Iranian regime that if they hold the Strait of Hermo's 247 00:14:19,320 --> 00:14:23,200 Speaker 2: Hormuz hostage, the US has the ability to set back 248 00:14:23,240 --> 00:14:26,280 Speaker 2: the Iranian economy to the Stone Age by ending their 249 00:14:26,320 --> 00:14:30,800 Speaker 2: ability to produce and export oil Again. Donald Trump doesn't 250 00:14:30,840 --> 00:14:35,200 Speaker 2: want to do that. Because if Iran is supposed is 251 00:14:35,320 --> 00:14:38,240 Speaker 2: to come out of this with a new regime and 252 00:14:38,360 --> 00:14:42,400 Speaker 2: be part of the world society, they need to have 253 00:14:42,560 --> 00:14:45,760 Speaker 2: infrastructure in there which will be a benefit to the 254 00:14:45,800 --> 00:14:49,560 Speaker 2: people there of Iran. This comes to President Trump is 255 00:14:49,600 --> 00:14:52,480 Speaker 2: looking at the world to do their part to reopen 256 00:14:52,520 --> 00:14:55,720 Speaker 2: the Strait of horm Moves again. Twenty percent of the 257 00:14:55,760 --> 00:14:58,680 Speaker 2: oil flows through the Strait of Hormves. And you would 258 00:14:58,720 --> 00:15:02,080 Speaker 2: think that if if you as a country are dependent 259 00:15:02,160 --> 00:15:07,080 Speaker 2: upon oil coming through that strait coming into your area, 260 00:15:07,280 --> 00:15:11,400 Speaker 2: and you're supplied through there, that if your life's blood 261 00:15:11,520 --> 00:15:14,000 Speaker 2: or the blood of your economy, the life's blood of 262 00:15:14,000 --> 00:15:17,320 Speaker 2: your economy is being held up, you would think that 263 00:15:17,320 --> 00:15:19,480 Speaker 2: that is an attack. I mean, that should be taken 264 00:15:19,560 --> 00:15:23,480 Speaker 2: as an economic attack on you, and you should join in. 265 00:15:24,080 --> 00:15:27,320 Speaker 2: But instead they're sitting on the sidelines waiting for somebody 266 00:15:27,360 --> 00:15:31,000 Speaker 2: else to react. Again, threatening the Iranian regime as an 267 00:15:31,000 --> 00:15:34,600 Speaker 2: act of economic warfare against the world. He has called 268 00:15:34,640 --> 00:15:38,760 Speaker 2: on China, Britain, France, Japan, South Korea to join the 269 00:15:38,840 --> 00:15:43,000 Speaker 2: United States in safeguarding the Vinal Strait of hermuz Britain. 270 00:15:43,000 --> 00:15:47,400 Speaker 2: Now get this talk about a country that used to 271 00:15:47,440 --> 00:15:49,240 Speaker 2: be the British Empire. 272 00:15:49,480 --> 00:15:51,880 Speaker 3: The sun never set on the British Empire. 273 00:15:52,120 --> 00:15:55,200 Speaker 2: The British Empire had all this stuff that they you know, 274 00:15:55,920 --> 00:15:59,000 Speaker 2: a great nation at one point, a great empire which 275 00:15:59,000 --> 00:16:01,560 Speaker 2: brought a lot of civilation to a lot of different 276 00:16:01,600 --> 00:16:04,960 Speaker 2: countries and build up their economies and so on. And 277 00:16:05,000 --> 00:16:07,480 Speaker 2: then of course, as like with the United States breaking 278 00:16:07,520 --> 00:16:10,880 Speaker 2: away as a colony and become a separate country on 279 00:16:10,920 --> 00:16:14,400 Speaker 2: their own and all these others, the British influence over 280 00:16:14,400 --> 00:16:18,160 Speaker 2: the years has waned. But their last great hurrah basically 281 00:16:18,240 --> 00:16:21,840 Speaker 2: was in World War Two under Churchill, and now they 282 00:16:21,840 --> 00:16:25,000 Speaker 2: are just basically a paper tiger Britain. Now get this, 283 00:16:25,320 --> 00:16:30,280 Speaker 2: Britain says they are taking thoughtful steps towards a unified response, 284 00:16:30,720 --> 00:16:37,800 Speaker 2: exploring innovative options like mine hunting drones, while remaining prudent 285 00:16:37,960 --> 00:16:42,880 Speaker 2: about committing warships. What happened to the attack on one 286 00:16:43,000 --> 00:16:47,240 Speaker 2: is an attack on all. This is international waters. This 287 00:16:47,400 --> 00:16:51,360 Speaker 2: is keeping the flow of oil in international waters open. 288 00:16:51,720 --> 00:16:55,600 Speaker 2: You have no right to do anything within international waters 289 00:16:55,680 --> 00:17:00,480 Speaker 2: to hold up free trade. And Iran attacking the ships 290 00:17:00,960 --> 00:17:04,200 Speaker 2: is an attack. It's an economic attack. It could actually 291 00:17:04,200 --> 00:17:08,080 Speaker 2: be considered an act of war. While China's not committed militarily, 292 00:17:08,359 --> 00:17:13,200 Speaker 2: it acknowledges the shared global responsibility for energy security. Meanwhile, 293 00:17:13,280 --> 00:17:17,639 Speaker 2: both Japan and Australia have addressed the situation transparently, with 294 00:17:17,840 --> 00:17:21,439 Speaker 2: Japan's citing constitutional limits again they're not a member of 295 00:17:21,520 --> 00:17:26,200 Speaker 2: NATO and Australia clarifying that no formal request has been made. 296 00:17:27,840 --> 00:17:30,440 Speaker 2: Why do you have to wait for a formal request 297 00:17:30,560 --> 00:17:34,040 Speaker 2: if your economy is being affected? That just goes to 298 00:17:34,080 --> 00:17:36,800 Speaker 2: show you what Donald Trump has been talking about, even 299 00:17:36,880 --> 00:17:41,239 Speaker 2: back in twenty seventeen about NATO being weak, being not 300 00:17:41,880 --> 00:17:45,200 Speaker 2: they weren't even contributing enough money for their own defense. 301 00:17:45,760 --> 00:17:49,080 Speaker 2: And the fact that the Americans, the Americans, we have 302 00:17:49,200 --> 00:17:52,800 Speaker 2: been propping up NATO all these years for what I mean, 303 00:17:52,800 --> 00:17:54,840 Speaker 2: if they don't want us to be the world police, 304 00:17:55,000 --> 00:17:58,640 Speaker 2: then step in because you can't depend on us for everything. 305 00:17:59,000 --> 00:18:01,120 Speaker 2: And the fact that we have let this happen over 306 00:18:01,160 --> 00:18:04,159 Speaker 2: these years is amazing. And the fact that Donald Trump 307 00:18:04,200 --> 00:18:06,320 Speaker 2: is stepping in at this point and saying, you know what, 308 00:18:06,800 --> 00:18:10,320 Speaker 2: we are not going to be held hostage by Iran anymore. 309 00:18:10,720 --> 00:18:12,800 Speaker 2: And when you go back to the forty seven year 310 00:18:12,920 --> 00:18:17,760 Speaker 2: history again, people don't even remember the point where Iran 311 00:18:18,280 --> 00:18:21,440 Speaker 2: was an ally of the United States. They were friendly 312 00:18:21,520 --> 00:18:24,520 Speaker 2: towards the United States. We had friendly relationships with them 313 00:18:24,840 --> 00:18:29,119 Speaker 2: forty seven years of them, well, forty seven years ago 314 00:18:29,440 --> 00:18:32,520 Speaker 2: they were holding our hostages forty four hostages. They've been 315 00:18:32,560 --> 00:18:38,119 Speaker 2: bombing a different military basis. They have attacked different military installations. 316 00:18:38,320 --> 00:18:44,840 Speaker 2: They have attacked through IEDs Our soldiers in Iraq and Afghanistan. 317 00:18:45,520 --> 00:18:47,680 Speaker 2: And the fact that they have done these proxy wars 318 00:18:47,680 --> 00:18:51,320 Speaker 2: against US and our leaders have done nothing to stop 319 00:18:51,400 --> 00:18:55,600 Speaker 2: that is absolutely amazing. And the fact that now somebody 320 00:18:55,600 --> 00:18:58,560 Speaker 2: has come along and done something about it needs to 321 00:18:58,560 --> 00:19:04,880 Speaker 2: be applauded. Iran needs to stop being they need their 322 00:19:04,920 --> 00:19:09,160 Speaker 2: ability to wage war or threaten And can you imagine 323 00:19:09,200 --> 00:19:11,800 Speaker 2: if this country would have had anwke what they would 324 00:19:11,840 --> 00:19:15,920 Speaker 2: have done in terms of holding people hostage, holding up 325 00:19:16,200 --> 00:19:19,040 Speaker 2: the different nations in the Middle East. They may not 326 00:19:19,119 --> 00:19:21,760 Speaker 2: be coming out and saying it, but behind the scenes 327 00:19:21,760 --> 00:19:24,280 Speaker 2: there's an awful lot of chatter of the thank God 328 00:19:24,320 --> 00:19:27,160 Speaker 2: the United States did what it's doing, and what Israel's 329 00:19:27,200 --> 00:19:30,399 Speaker 2: doing what it's doing. It just blows my mind. You know, 330 00:19:30,400 --> 00:19:32,760 Speaker 2: there are certain times when you see certain things that 331 00:19:32,760 --> 00:19:35,359 Speaker 2: are going on and you see the black and white 332 00:19:35,359 --> 00:19:37,880 Speaker 2: of the issue, and you think, I don't understand how 333 00:19:37,880 --> 00:19:41,280 Speaker 2: anybody could have an opposing view of this. But apparently 334 00:19:41,320 --> 00:19:43,439 Speaker 2: when you look at the Democrats and you look at 335 00:19:43,480 --> 00:19:47,359 Speaker 2: what they're doing and what they're saying and how they're reacting. Hell, 336 00:19:47,560 --> 00:19:51,160 Speaker 2: they won't even fund homeland security here in the United States. 337 00:19:51,520 --> 00:19:54,600 Speaker 2: They don't care about our security here in the United States, 338 00:19:54,880 --> 00:19:59,480 Speaker 2: and yet they are now criticizing the war with Iran 339 00:19:59,600 --> 00:20:02,760 Speaker 2: and saying after two weeks it's protracted, it's too long. 340 00:20:03,840 --> 00:20:06,480 Speaker 3: I mean, you know. 341 00:20:06,480 --> 00:20:10,320 Speaker 2: You got to take a look into totality of what 342 00:20:10,480 --> 00:20:15,040 Speaker 2: that party has done, the invasion at the southern border, 343 00:20:16,000 --> 00:20:20,400 Speaker 2: the absolute abdication of their responsibility to protect our borders, 344 00:20:21,080 --> 00:20:25,639 Speaker 2: and then as far as sanctuary cities in violation and 345 00:20:25,680 --> 00:20:28,120 Speaker 2: immigration laws. I mean, I could go on and on, 346 00:20:28,240 --> 00:20:30,560 Speaker 2: but the bottom line is is that you got to 347 00:20:30,640 --> 00:20:34,480 Speaker 2: wonder what side these people are on. Anyway, coming up, 348 00:20:34,520 --> 00:20:36,240 Speaker 2: we're going to be talking about we got some bad 349 00:20:36,280 --> 00:20:39,040 Speaker 2: news on Friday as far as the GDP is concerned, 350 00:20:39,280 --> 00:20:42,200 Speaker 2: and I am I tell you what, all weekend long, 351 00:20:42,560 --> 00:20:44,560 Speaker 2: you know, kind of a couple hours here, a couple 352 00:20:44,680 --> 00:20:48,480 Speaker 2: hours there, trying to figure out how these numbers were 353 00:20:48,520 --> 00:20:51,560 Speaker 2: so far off from what the experts had expected and 354 00:20:51,600 --> 00:20:55,160 Speaker 2: what I had expected given the fact of what happened. 355 00:20:55,240 --> 00:20:57,680 Speaker 2: So anyway, we'll talk about that coming up. I'm Kevin Gordon, 356 00:20:57,680 --> 00:21:02,040 Speaker 2: America's truck a Network seven hundred WLW. 357 00:21:02,000 --> 00:21:08,960 Speaker 6: News Traffic and Weather. News Radio seven hundred wl Jelaque, Cincinnati. 358 00:21:09,320 --> 00:21:13,639 Speaker 7: Temporary Protected Statuses for Haitians, bake it to the highest Court. Well, 359 00:21:13,640 --> 00:21:15,520 Speaker 7: if you're twelve thirty reports. 360 00:21:15,200 --> 00:21:16,840 Speaker 3: I'mley mowing breaking now. 361 00:21:17,520 --> 00:21:20,320 Speaker 7: The US Supreme Court announced Monday they will consider the 362 00:21:20,320 --> 00:21:24,880 Speaker 7: Trump Administration's efforts to ENDTPS for thousands of Haitians, including 363 00:21:24,920 --> 00:21:28,600 Speaker 7: those parts of the Springfield and Clark County community. Despite 364 00:21:28,640 --> 00:21:31,960 Speaker 7: the announcement, the justices would not allow the Trump administration 365 00:21:32,320 --> 00:21:35,720 Speaker 7: to end protections while they considered this case. Those tps 366 00:21:35,720 --> 00:21:38,320 Speaker 7: were set to expire early last month, but have been 367 00:21:38,359 --> 00:21:42,199 Speaker 7: extended due to challenges, and their cancelation or arguments are 368 00:21:42,240 --> 00:21:45,560 Speaker 7: slated for late April. The Supreme Court also agreed to 369 00:21:45,560 --> 00:21:48,280 Speaker 7: hear arguments for temporary protected statuses. 370 00:21:47,760 --> 00:21:49,640 Speaker 3: For Syrians as well. 371 00:21:50,280 --> 00:21:53,439 Speaker 6: Now the lates forecast from the Train Heating and Cooling 372 00:21:53,480 --> 00:21:57,359 Speaker 6: Weather Center on news radio seven hundred wl Jalaque A. 373 00:21:57,359 --> 00:22:01,080 Speaker 8: Slight use of snow will continue overnight into two day morning. However, 374 00:22:01,160 --> 00:22:03,639 Speaker 8: the big story tomorrow will be the temperatures. We're looking 375 00:22:03,640 --> 00:22:07,280 Speaker 8: at a very cold start to the day, teens out 376 00:22:07,320 --> 00:22:09,720 Speaker 8: the door, but it'll feel more like the single digits 377 00:22:09,800 --> 00:22:12,320 Speaker 8: by the afternoon. It doesn't get much better. Heights will 378 00:22:12,320 --> 00:22:14,640 Speaker 8: be in the low thirty so below freezing for most 379 00:22:14,680 --> 00:22:17,439 Speaker 8: of the day. By Wednesdays, no chances are back, but 380 00:22:17,480 --> 00:22:19,880 Speaker 8: then we'll warm up. A war mat trend begins Wednesday 381 00:22:19,920 --> 00:22:23,440 Speaker 8: afternoon and continue into the weekend. From your Severe Weather station, 382 00:22:23,480 --> 00:22:26,480 Speaker 8: I'm nine first one of meteorologists kJ Jacobs Studio seven 383 00:22:26,560 --> 00:22:27,840 Speaker 8: hundred WLW. 384 00:22:28,119 --> 00:22:31,640 Speaker 7: Still little scattered snowfloories around southwest Ohio. 385 00:22:31,800 --> 00:22:33,240 Speaker 3: Now it's twenty five degrees. 386 00:22:33,480 --> 00:22:36,679 Speaker 7: A man is accused of robbing multiple businesses across Butler 387 00:22:36,680 --> 00:22:39,720 Speaker 7: and Hamilton Counties. Barcus Jackson charge for holding up the 388 00:22:39,760 --> 00:22:42,960 Speaker 7: Princeton Pike Key Bank and the Norfold Boulevard Kimba Credit 389 00:22:43,040 --> 00:22:46,159 Speaker 7: Union last month. Teller's handing over seven thousand dollars in 390 00:22:46,200 --> 00:22:49,320 Speaker 7: those two trips. Cincinnati police had he robbed a Boost 391 00:22:49,400 --> 00:22:53,320 Speaker 7: Mobile store. Redding police reported three aggravated robberies, two at 392 00:22:53,359 --> 00:22:56,600 Speaker 7: a VIP smoke shop Jackson's also accused of robbing the 393 00:22:56,640 --> 00:22:59,720 Speaker 7: Sunday Road Shell on February eighteenth. That's where he dropped 394 00:22:59,720 --> 00:23:03,440 Speaker 7: his life while fleeing. Jackson has admitted to all the robberies. 395 00:23:03,520 --> 00:23:06,359 Speaker 7: He was on parole after two prior robberies. 396 00:23:06,840 --> 00:23:07,479 Speaker 3: You're next up. 397 00:23:07,480 --> 00:23:11,200 Speaker 7: There is one breaking news anytime. I'm Ley mawin news 398 00:23:11,280 --> 00:23:12,840 Speaker 7: Radio seven hundred Www. 399 00:23:13,119 --> 00:23:16,399 Speaker 6: You got a hot takes a room, don't let it 400 00:23:16,520 --> 00:23:17,600 Speaker 6: die in the group chat. 401 00:23:24,280 --> 00:23:26,600 Speaker 9: Here's your trucking forecast for the Try State and the 402 00:23:26,600 --> 00:23:28,640 Speaker 9: rest of the country and the Try State over nine, 403 00:23:28,680 --> 00:23:31,200 Speaker 9: mostly Claudie and Wendy. The low down to twenty chance 404 00:23:31,240 --> 00:23:34,119 Speaker 9: of morning flurries Tuesday, otherwise mostly sunny but cold, the 405 00:23:34,200 --> 00:23:37,199 Speaker 9: high of thirty one, mostly Claudiy Wednesday, slight chance of 406 00:23:37,200 --> 00:23:39,720 Speaker 9: snow any by early afternoon. Highs in the mid forties. 407 00:23:39,800 --> 00:23:42,600 Speaker 9: Partly sunny with a slight chance of rain Thursday and 408 00:23:42,680 --> 00:23:45,639 Speaker 9: warmer the high in year sixty. Nationally, the Upper Midwest 409 00:23:45,640 --> 00:23:48,400 Speaker 9: and the Upper Great Lakes region continue to see snow chances. 410 00:23:48,440 --> 00:23:52,000 Speaker 9: A heat wave is intensifying, expanding east across the western US. 411 00:23:52,119 --> 00:23:55,040 Speaker 9: Monday saw a critical fire weather threats shifting farther south 412 00:23:55,200 --> 00:24:05,600 Speaker 9: towards the Lower Texas Coast. 413 00:24:00,960 --> 00:24:02,800 Speaker 3: Seven hundred WLW. 414 00:24:02,920 --> 00:24:06,040 Speaker 2: I'm Kevin Gordon. This is America's truck In Network. America's 415 00:24:06,040 --> 00:24:08,840 Speaker 2: struck In Network supports the mission of Reese Across America. 416 00:24:09,240 --> 00:24:12,080 Speaker 2: You can hear us every truck and Tuesday at five 417 00:24:12,160 --> 00:24:15,919 Speaker 2: am and ten am Eastern on Reese Across America Radio, 418 00:24:16,400 --> 00:24:19,919 Speaker 2: available on the iHeartRadio app. Search the word Rese for 419 00:24:20,000 --> 00:24:22,840 Speaker 2: Rees across America Radio. And thank you to all our 420 00:24:22,880 --> 00:24:27,400 Speaker 2: truckers for supporting the mission of Reese Across America. Coming up, 421 00:24:27,480 --> 00:24:30,440 Speaker 2: by the way, next week we will be in Louisville. 422 00:24:30,520 --> 00:24:31,840 Speaker 3: The show will be in Louisville. 423 00:24:32,640 --> 00:24:34,880 Speaker 2: Well, we go down there on Wednesday to set up, 424 00:24:34,920 --> 00:24:38,520 Speaker 2: but the show Mid America Trucking Show runs from the 425 00:24:38,560 --> 00:24:41,640 Speaker 2: twenty sixth through the twenty ninth in Louisville. If you've 426 00:24:41,680 --> 00:24:44,399 Speaker 2: never been there, you need to head down there. It 427 00:24:44,520 --> 00:24:48,440 Speaker 2: is quite an event for the family, and as far 428 00:24:48,520 --> 00:24:52,600 Speaker 2: as the trucking industry is concerned, it's a great confluence 429 00:24:52,640 --> 00:24:55,600 Speaker 2: of a lot of the leaders in the business. Million 430 00:24:55,640 --> 00:24:59,760 Speaker 2: square feet of exhibits, anything you can imagine for truck 431 00:25:00,000 --> 00:25:03,480 Speaker 2: the trucking industry, and as far as the kids are concerned, 432 00:25:03,680 --> 00:25:06,240 Speaker 2: being able to get up close and personal with the truck, 433 00:25:06,320 --> 00:25:09,040 Speaker 2: climb up in the cab, seeing everything about that. 434 00:25:09,440 --> 00:25:11,320 Speaker 3: A lot of different exhibits on. 435 00:25:13,600 --> 00:25:16,639 Speaker 2: All kinds of stuff in terms of equipment, in terms 436 00:25:16,640 --> 00:25:21,080 Speaker 2: of information, in terms of data relating to engine oil, 437 00:25:21,280 --> 00:25:22,200 Speaker 2: all kinds of stuff. 438 00:25:22,240 --> 00:25:24,439 Speaker 3: I mean, just go on their website. It's amazing. 439 00:25:24,480 --> 00:25:27,080 Speaker 2: A million square feet I think it's what forty four 440 00:25:27,200 --> 00:25:29,719 Speaker 2: hundred vendors are going to be their exhibitors. 441 00:25:29,960 --> 00:25:31,119 Speaker 3: Of course we will be there. 442 00:25:31,600 --> 00:25:36,080 Speaker 2: We'll be at Booth four zero five seven seven that's 443 00:25:36,119 --> 00:25:40,760 Speaker 2: in the north lobby of the convention center there and 444 00:25:41,160 --> 00:25:44,840 Speaker 2: great location right at the bottom of where the escalators 445 00:25:44,840 --> 00:25:47,960 Speaker 2: come down from that second story and a lot of 446 00:25:48,000 --> 00:25:51,480 Speaker 2: traffic goes through. Stop by, say hi, sit down, maybe 447 00:25:51,520 --> 00:25:54,040 Speaker 2: have a conversation. I'd like to talk to as many 448 00:25:54,040 --> 00:25:56,880 Speaker 2: people as possible about what they're seeing as far as 449 00:25:57,160 --> 00:26:00,880 Speaker 2: well anything economy, what they're seeing as far as their 450 00:26:01,320 --> 00:26:05,960 Speaker 2: trucking business. A lot of owner operators there, single owners 451 00:26:06,320 --> 00:26:09,440 Speaker 2: trying to find out what they're doing. And of course 452 00:26:09,480 --> 00:26:12,280 Speaker 2: we'll be having interviews with a lot of industry leaders 453 00:26:12,440 --> 00:26:14,960 Speaker 2: and experts to get a gauge of what's going on. 454 00:26:15,280 --> 00:26:19,080 Speaker 2: Some of the latest regulations FMCSA, some of the latest 455 00:26:19,320 --> 00:26:22,680 Speaker 2: stuff as far as American Petroleum Institute, all kinds of 456 00:26:22,720 --> 00:26:25,320 Speaker 2: great stuff. Shell Rotella will be there. We'll probably be 457 00:26:25,400 --> 00:26:27,600 Speaker 2: talking to them as well. So a lot of great 458 00:26:27,640 --> 00:26:30,520 Speaker 2: information and looking forward to talking to as many of 459 00:26:30,560 --> 00:26:33,520 Speaker 2: you as possible. If you missed any of our previous segment, 460 00:26:33,600 --> 00:26:36,160 Speaker 2: by the way, or any of our shows, make sure 461 00:26:36,160 --> 00:26:38,400 Speaker 2: you hit up that iHeartRadio app brought to you by 462 00:26:38,440 --> 00:26:40,160 Speaker 2: our friends at Rush Truck Centers. 463 00:26:40,640 --> 00:26:40,920 Speaker 3: Now. 464 00:26:41,359 --> 00:26:44,760 Speaker 2: On Friday, as I mentioned in the previous segment, we 465 00:26:44,840 --> 00:26:49,480 Speaker 2: got some really bad news on Friday regarding this US economy. 466 00:26:50,560 --> 00:26:54,920 Speaker 2: Unbelievable US economy hobbled by the last falls forty three 467 00:26:55,119 --> 00:26:59,520 Speaker 2: day government shutdown, the Schumer shut down, And again you 468 00:26:59,600 --> 00:27:04,720 Speaker 2: got to asked the question here. This adversely affected the economy. 469 00:27:04,880 --> 00:27:10,440 Speaker 2: The Shumer shut down affected the American economy, brought down 470 00:27:10,480 --> 00:27:15,280 Speaker 2: our GDP fourteen billion dollars of money that was to 471 00:27:15,440 --> 00:27:20,480 Speaker 2: be spent around the Christmas holidays from October the first 472 00:27:21,000 --> 00:27:28,040 Speaker 2: until what was it, November twelfth. Military personnel didn't get paid, 473 00:27:28,600 --> 00:27:32,680 Speaker 2: a lot of government workers didn't get paid. Fourteen billion 474 00:27:32,760 --> 00:27:35,880 Speaker 2: dollars out of the economy during the most crucial time 475 00:27:35,880 --> 00:27:39,560 Speaker 2: of the year right around well the end of October 476 00:27:39,600 --> 00:27:43,560 Speaker 2: as far as Halloween is concerned, going into the Thanksgiving 477 00:27:43,600 --> 00:27:47,560 Speaker 2: holiday and the lead up to the Christmas season, all 478 00:27:47,600 --> 00:27:50,040 Speaker 2: that money pulled out of the economy and for what 479 00:27:51,040 --> 00:27:55,680 Speaker 2: Because they were holding the country hostage because they wanted 480 00:27:56,000 --> 00:28:01,879 Speaker 2: tax breaks or they wanted subsidized health insurance for illegal immigrants. 481 00:28:02,760 --> 00:28:05,840 Speaker 2: Remember the State of the Union address when Donald Trump 482 00:28:06,040 --> 00:28:10,440 Speaker 2: asked the Congress, you took an oath of office, how 483 00:28:10,440 --> 00:28:14,400 Speaker 2: many people are in office to protect the United States, 484 00:28:14,480 --> 00:28:19,960 Speaker 2: the US citizens or immigrants? And the Democrats, every one 485 00:28:20,040 --> 00:28:23,080 Speaker 2: of them sat on their hands. What does that tell 486 00:28:23,119 --> 00:28:26,040 Speaker 2: you about what the state of the Democratic Party is? 487 00:28:26,080 --> 00:28:28,879 Speaker 2: And I'm telling you, I know, you know, generally we 488 00:28:28,920 --> 00:28:32,000 Speaker 2: don't well we don't get a whole lot of political 489 00:28:32,160 --> 00:28:35,920 Speaker 2: on this show. But you got a wonder with DHS 490 00:28:35,920 --> 00:28:41,000 Speaker 2: now being closed. Another hissy fit from the Democrats because 491 00:28:41,280 --> 00:28:47,120 Speaker 2: they don't like murderers, rapists, child molesters, child predators being 492 00:28:47,360 --> 00:28:50,320 Speaker 2: kicked out of this country. They think that the effect 493 00:28:50,400 --> 00:28:53,640 Speaker 2: of that or the way that's done is bad. When 494 00:28:53,680 --> 00:28:56,240 Speaker 2: you make a mess, when you cause a mess, don't 495 00:28:56,280 --> 00:28:59,160 Speaker 2: stand on the sideline and explain to people how they 496 00:28:59,160 --> 00:29:02,760 Speaker 2: should do it. Don't be an You're an arsonist. Now 497 00:29:02,800 --> 00:29:04,640 Speaker 2: you're going to come to the fire and tell them 498 00:29:04,640 --> 00:29:07,160 Speaker 2: how to put it out. I don't think so. So again, 499 00:29:07,280 --> 00:29:10,840 Speaker 2: I this is really irritating me when I see these numbers, 500 00:29:10,880 --> 00:29:14,000 Speaker 2: when I see what's happening to this country as a result, 501 00:29:14,240 --> 00:29:18,040 Speaker 2: and with a war with Iran, and you've cut funding, 502 00:29:18,080 --> 00:29:21,000 Speaker 2: We've got TSA, We've got these people in the airports 503 00:29:21,120 --> 00:29:24,960 Speaker 2: that aren't having a paycheck DHS. Those people are going 504 00:29:25,000 --> 00:29:29,080 Speaker 2: without their paychecks at a time when our country needs 505 00:29:29,120 --> 00:29:34,400 Speaker 2: them the most unbelievable. Anyway, again, the economy expanded. They 506 00:29:34,560 --> 00:29:37,880 Speaker 2: revised those numbers down from one point four percent down 507 00:29:37,920 --> 00:29:43,440 Speaker 2: too point seven percent, again starting the paragraph over US economy, 508 00:29:43,480 --> 00:29:47,520 Speaker 2: hobbled by the last falls forty three day Schumer's shut down, 509 00:29:47,800 --> 00:29:52,080 Speaker 2: advanced at an unexpectedly sluggish point seven percent annual rate 510 00:29:52,320 --> 00:29:56,920 Speaker 2: from October through December. The Commerce Department reported on March thirteenth, 511 00:29:57,160 --> 00:30:00,640 Speaker 2: in a big downgrade of its initial estmen growth in 512 00:30:00,720 --> 00:30:04,080 Speaker 2: domestic product the nation's output of goods and services was 513 00:30:04,160 --> 00:30:07,720 Speaker 2: down sharply from four point four percent in last year's 514 00:30:07,800 --> 00:30:11,520 Speaker 2: third quarter and three point eight percent in the second. 515 00:30:12,120 --> 00:30:15,440 Speaker 2: The fourth quarter number was half the government's first estiment 516 00:30:15,720 --> 00:30:20,360 Speaker 2: of one point seven. Economists had expected the revision to 517 00:30:20,600 --> 00:30:25,160 Speaker 2: go the other way and show stronger growth federal government 518 00:30:25,200 --> 00:30:29,800 Speaker 2: spending an investment clabbered the shut by. The shutdown plunged 519 00:30:29,920 --> 00:30:34,920 Speaker 2: at a sixteen point seven percent rate, hacking, as they say, 520 00:30:35,240 --> 00:30:38,840 Speaker 2: one point one six percentage points off the fourth quarter number. 521 00:30:39,880 --> 00:30:44,240 Speaker 2: So at point seven percent, one and a half or 522 00:30:44,240 --> 00:30:47,560 Speaker 2: one point six percent would have only pushed that up 523 00:30:47,880 --> 00:30:52,360 Speaker 2: to two point to eight percent. I believe no one 524 00:30:52,400 --> 00:30:56,480 Speaker 2: point eight percent. I believe that that number that that 525 00:30:56,600 --> 00:30:59,640 Speaker 2: hobbled our economy was more in the line of two 526 00:30:59,680 --> 00:31:03,040 Speaker 2: to three percent. Because let's not forget at the first 527 00:31:03,040 --> 00:31:07,680 Speaker 2: part of December. Going into December, the Atlanta Fed that 528 00:31:07,920 --> 00:31:12,239 Speaker 2: tracks the GDP was talking about at the beginning of 529 00:31:12,280 --> 00:31:14,800 Speaker 2: December that it looked like we were going to have 530 00:31:14,920 --> 00:31:18,480 Speaker 2: something in the neighborhood of a five point four percent. 531 00:31:18,600 --> 00:31:21,280 Speaker 3: Increase in GDP in the fourth quarter. 532 00:31:22,080 --> 00:31:25,520 Speaker 2: How do you go from five point four percent down 533 00:31:25,560 --> 00:31:30,400 Speaker 2: two point seven percent when you have retail sales came 534 00:31:30,440 --> 00:31:33,840 Speaker 2: in ahead of what they expected, car sales coming in 535 00:31:34,040 --> 00:31:39,280 Speaker 2: ahead of expected. Consumer spending lagged a little bit in December, however, 536 00:31:39,600 --> 00:31:43,560 Speaker 2: was very strong in November, which was in the fourth quarter, 537 00:31:43,720 --> 00:31:45,840 Speaker 2: and you think that that would bail that out or 538 00:31:46,680 --> 00:31:52,560 Speaker 2: affect that but with that shutdown, no, I don't know 539 00:31:52,600 --> 00:31:54,920 Speaker 2: if they even can put a handle on how much 540 00:31:55,000 --> 00:31:58,240 Speaker 2: that damaged our economy during that period of time. But 541 00:31:58,400 --> 00:32:01,800 Speaker 2: again they look at in terms of let me see, 542 00:32:01,800 --> 00:32:04,400 Speaker 2: for all of twenty twenty five, GDP grew two point 543 00:32:04,440 --> 00:32:07,880 Speaker 2: one percent, solid but down from an initial estimate of 544 00:32:07,920 --> 00:32:11,440 Speaker 2: two point two to two point eight percent. Two point 545 00:32:11,520 --> 00:32:13,120 Speaker 2: eight percent is what it was at the end of 546 00:32:13,160 --> 00:32:16,120 Speaker 2: twenty twenty four and two point nine percent in twenty 547 00:32:16,160 --> 00:32:20,360 Speaker 2: twenty three. Our economy should have been on fire last 548 00:32:20,440 --> 00:32:23,160 Speaker 2: year because if you look at the third quarter at 549 00:32:23,200 --> 00:32:27,920 Speaker 2: three point four and then at the fourth quarter, yeah, 550 00:32:28,680 --> 00:32:31,160 Speaker 2: three point eight in the third quarter, four point four 551 00:32:31,240 --> 00:32:34,240 Speaker 2: in the fourth quarter, that fourth quarter should have been 552 00:32:34,320 --> 00:32:39,560 Speaker 2: extremely high and very solid, but instead came in at 553 00:32:39,560 --> 00:32:45,200 Speaker 2: point seven percent. Tracked in all of this also is 554 00:32:45,760 --> 00:32:49,440 Speaker 2: what they call category within GDP, category that measures the 555 00:32:49,480 --> 00:32:54,320 Speaker 2: economy is underlying strength. They look at consumer spending grew 556 00:32:54,360 --> 00:32:57,680 Speaker 2: at two percent clip, down from three point five percent 557 00:32:57,800 --> 00:33:00,680 Speaker 2: in the third quarter and two point four percent. The 558 00:33:00,760 --> 00:33:06,800 Speaker 2: government had initially estimated Business investment excluding housing increased at 559 00:33:06,800 --> 00:33:10,880 Speaker 2: a healthy two point two percent rate, likely reflecting money 560 00:33:10,920 --> 00:33:15,280 Speaker 2: being poured into the into artificial intelligence, but the increase 561 00:33:15,400 --> 00:33:17,479 Speaker 2: was down from three point two percent in the third 562 00:33:17,560 --> 00:33:20,840 Speaker 2: All these numbers, so there were some down notes within 563 00:33:20,880 --> 00:33:24,200 Speaker 2: the fourth quarter, but overall they're still saying that some 564 00:33:24,240 --> 00:33:26,640 Speaker 2: of those numbers were up from the previous quarter. So 565 00:33:26,720 --> 00:33:30,480 Speaker 2: I don't understand how GDP with all that going on, 566 00:33:30,720 --> 00:33:35,640 Speaker 2: would actually be that far less. And it's very interesting. 567 00:33:35,640 --> 00:33:37,720 Speaker 2: We'll talk a little bit more about this coming up. 568 00:33:37,840 --> 00:33:43,640 Speaker 2: I'm Kevin Gordon, America Struck A Network seven hundred Wlwright. 569 00:33:43,120 --> 00:33:49,280 Speaker 1: News Radio seven hundred WLW, and iHeartRadio Station Guarantee Human 570 00:33:49,720 --> 00:33:54,720 Speaker 1: seven hundred WLW, HI Heard Radio but Go Hour, I 571 00:33:54,800 --> 00:33:57,240 Speaker 1: Heard Radio Music Awards Mart. 572 00:33:57,440 --> 00:33:59,719 Speaker 2: Looking more at this GDP, and of course a lot 573 00:33:59,760 --> 00:34:03,040 Speaker 2: of fun financial data came out on Friday, durable goods, 574 00:34:04,320 --> 00:34:09,160 Speaker 2: consumer spending, personal consumption expenditures. Now the Federal Reserve is 575 00:34:09,239 --> 00:34:14,840 Speaker 2: starting their meeting later on today and then tomorrow on Wednesday, 576 00:34:15,200 --> 00:34:17,480 Speaker 2: they will come out and make their announcements one way 577 00:34:17,560 --> 00:34:19,880 Speaker 2: or the other in terms of what they're going to 578 00:34:19,880 --> 00:34:24,600 Speaker 2: do with interest rates. Now, the consensus right now, they're 579 00:34:24,640 --> 00:34:27,840 Speaker 2: saying that it's one hundred percent possibility that are one 580 00:34:27,920 --> 00:34:30,440 Speaker 2: hundred percent chance that the Federal Reserve is going to 581 00:34:30,520 --> 00:34:35,719 Speaker 2: keep interest rates steady and no change whatsoever. But if 582 00:34:35,760 --> 00:34:38,640 Speaker 2: they knew what they were doing, they probably would lower 583 00:34:38,719 --> 00:34:41,920 Speaker 2: interest rates in order to stimulate the economy. Given the 584 00:34:41,960 --> 00:34:45,239 Speaker 2: current status of things with a war, with a ran, 585 00:34:45,680 --> 00:34:49,240 Speaker 2: oil prices being affected, and the fact that we're looking 586 00:34:49,280 --> 00:34:53,040 Speaker 2: at housing prices, we're looking at some good numbers that 587 00:34:53,080 --> 00:34:55,799 Speaker 2: we had last week in terms of first time home 588 00:34:55,840 --> 00:35:00,440 Speaker 2: buyers that because interest rates had come down about about 589 00:35:00,760 --> 00:35:05,719 Speaker 2: a percentage point, that one point five million new buyers 590 00:35:05,760 --> 00:35:09,840 Speaker 2: are coming into the market. Five point five million people 591 00:35:10,080 --> 00:35:13,120 Speaker 2: are going into the home buying or home market. So 592 00:35:13,360 --> 00:35:16,400 Speaker 2: you know within that five point five million people that 593 00:35:16,520 --> 00:35:19,680 Speaker 2: jump in, one point five million of them our first 594 00:35:19,680 --> 00:35:23,200 Speaker 2: time home buyers and young people. So with interest rates 595 00:35:23,200 --> 00:35:25,640 Speaker 2: coming down, you'd see a boom and housing you see 596 00:35:25,640 --> 00:35:29,880 Speaker 2: more construction. And of course, again going back to our 597 00:35:29,920 --> 00:35:33,320 Speaker 2: first segment talking about oil and gas prices, that affects 598 00:35:33,360 --> 00:35:35,800 Speaker 2: I mean, obviously it affects you in the trucking industry 599 00:35:36,200 --> 00:35:39,720 Speaker 2: if the economy slows down, and especially if your diesel 600 00:35:39,760 --> 00:35:44,120 Speaker 2: prices are a buck thirty higher. Now, granted that is 601 00:35:44,160 --> 00:35:48,000 Speaker 2: going to come down tremendously once Aran surrenders, and I 602 00:35:48,000 --> 00:35:50,759 Speaker 2: don't see any reason of them hanging on unless they 603 00:35:50,840 --> 00:35:53,719 Speaker 2: just want to. The regime wants to hang around to 604 00:35:53,880 --> 00:35:59,120 Speaker 2: the last member of the Isatola's family or Iatola is 605 00:35:59,719 --> 00:36:03,720 Speaker 2: a ruling class is killed off, because certainly the people 606 00:36:03,920 --> 00:36:06,920 Speaker 2: of Iran don't want this going on. They want to 607 00:36:06,960 --> 00:36:11,000 Speaker 2: become a member of society, of the world society and 608 00:36:11,080 --> 00:36:13,600 Speaker 2: get back to a normal life rather than this reign 609 00:36:13,640 --> 00:36:16,680 Speaker 2: of terror by the Ayatola for the last forty seven years. 610 00:36:16,840 --> 00:36:21,719 Speaker 2: But again, diesel prices being high, oil prices being affected, 611 00:36:21,840 --> 00:36:26,640 Speaker 2: constantly being affected because of Iran's threats or whatever going 612 00:36:26,680 --> 00:36:29,560 Speaker 2: on in the Middle East, that will bring oil prices down. 613 00:36:29,719 --> 00:36:32,200 Speaker 2: I've been seeing stuff talking about a lot of people, 614 00:36:32,440 --> 00:36:36,000 Speaker 2: even liberal talking about that oil could be down at 615 00:36:36,000 --> 00:36:39,239 Speaker 2: fifty dollars a barrel if this crap with Iran were 616 00:36:39,480 --> 00:36:43,040 Speaker 2: to resolve, and so what that would do to the economy. 617 00:36:43,239 --> 00:36:47,719 Speaker 2: We would have gas prices down in the mid two 618 00:36:48,360 --> 00:36:52,040 Speaker 2: dollars fifty cents thereabouts, diesel prices being down in about 619 00:36:52,080 --> 00:36:56,319 Speaker 2: three dollars of a gallon, and overall economy, and then 620 00:36:56,520 --> 00:37:00,400 Speaker 2: with the GDP numbers that we've been talking about obviously, 621 00:37:00,480 --> 00:37:03,319 Speaker 2: if people aren't spending money, if inflation is up and 622 00:37:03,360 --> 00:37:06,640 Speaker 2: people are standing on the sidelines and waiting for things 623 00:37:06,640 --> 00:37:09,000 Speaker 2: to turn around before they jump back into the market, 624 00:37:09,080 --> 00:37:11,560 Speaker 2: and whether or not they're going to be spending money, 625 00:37:11,760 --> 00:37:14,839 Speaker 2: that's going to affect your bottom line and affect how 626 00:37:14,880 --> 00:37:18,080 Speaker 2: many loads you're doing, how many trips you're making, and 627 00:37:18,120 --> 00:37:20,600 Speaker 2: how much time you're going to be spending on the road, 628 00:37:20,840 --> 00:37:23,880 Speaker 2: and how much tonnage you're going to be carrying. So again, 629 00:37:24,160 --> 00:37:29,239 Speaker 2: these numbers are extremely important. Again, this GDP number was 630 00:37:29,400 --> 00:37:32,960 Speaker 2: very disappointing, but some of the underlying factors seem to 631 00:37:32,960 --> 00:37:35,920 Speaker 2: be very strong. One of the things that really surprised 632 00:37:35,920 --> 00:37:38,160 Speaker 2: me is that one of the people that has always 633 00:37:38,239 --> 00:37:41,839 Speaker 2: quoted when they're talking about GDP etc. Is a lady 634 00:37:41,840 --> 00:37:46,080 Speaker 2: by the name of Heather Long. She is, i think, 635 00:37:46,120 --> 00:37:50,480 Speaker 2: the chief economist with Navy Federal Credit Union, and her 636 00:37:50,800 --> 00:37:56,280 Speaker 2: tweet on Friday started off with Yike's big revision down 637 00:37:56,320 --> 00:38:01,959 Speaker 2: to a quarter four GDP DATAFO GDP was a mere 638 00:38:02,120 --> 00:38:06,600 Speaker 2: zo point seven percent. The estimate was one point four. 639 00:38:06,640 --> 00:38:09,000 Speaker 2: As a matter of fact, in the previous segment, we were 640 00:38:09,000 --> 00:38:12,000 Speaker 2: talking about that the economists we're expecting that number to 641 00:38:12,040 --> 00:38:15,920 Speaker 2: go from one point four, maybe even higher up to 642 00:38:15,960 --> 00:38:20,080 Speaker 2: two point one. But what the revised numbers did come 643 00:38:20,120 --> 00:38:24,840 Speaker 2: in was extremely low. And of course, somebody that studies 644 00:38:24,840 --> 00:38:28,440 Speaker 2: this on a regular basis, somebody like Heather Long sees 645 00:38:28,480 --> 00:38:31,759 Speaker 2: that number and says, yikes, that is not only a 646 00:38:31,800 --> 00:38:34,920 Speaker 2: surprise to her, but also a surprise to the economy 647 00:38:35,200 --> 00:38:39,560 Speaker 2: as a whole. Again, looking at some of the numbers 648 00:38:39,600 --> 00:38:46,680 Speaker 2: in there January personal consumption expenditures, that is the inflation rate. 649 00:38:46,800 --> 00:38:50,760 Speaker 2: Now we talked about last week having the consumer price 650 00:38:50,800 --> 00:38:53,879 Speaker 2: Index which came in very good at two point four 651 00:38:54,360 --> 00:38:56,919 Speaker 2: percent and then two point five percent for the core, 652 00:38:57,800 --> 00:39:01,160 Speaker 2: but that is all of the items as far as 653 00:39:01,200 --> 00:39:04,880 Speaker 2: the economy is concerned. That includes not only your durable goods, 654 00:39:04,920 --> 00:39:08,400 Speaker 2: those items that are longer than two, three to five years. 655 00:39:08,760 --> 00:39:13,000 Speaker 2: But the personal consumption expenditures concentrates on the stuff that 656 00:39:13,040 --> 00:39:21,120 Speaker 2: we normally spend on a regular basis, whether it's food, clothing, fuel, mortgages, 657 00:39:21,239 --> 00:39:24,200 Speaker 2: buying houses, and stuff like that. When you're looking at 658 00:39:24,239 --> 00:39:27,359 Speaker 2: some of the other part portions of the economy, it's 659 00:39:27,400 --> 00:39:29,799 Speaker 2: not every day that you go out and buy a refrigerator. 660 00:39:30,080 --> 00:39:32,080 Speaker 2: Not every day you will go out and buy a 661 00:39:32,239 --> 00:39:34,719 Speaker 2: washing driver or even every year you do that. You 662 00:39:34,760 --> 00:39:36,759 Speaker 2: don't go out and buy a new home every year, 663 00:39:37,040 --> 00:39:40,960 Speaker 2: and so pulling some of those things out of the 664 00:39:41,280 --> 00:39:46,839 Speaker 2: GDP or the Consumer Price Index, those prices going up 665 00:39:46,840 --> 00:39:50,000 Speaker 2: in those other categories concentrate on just what people are 666 00:39:50,000 --> 00:39:52,680 Speaker 2: spending their money on. And the number came out on 667 00:39:52,760 --> 00:39:57,000 Speaker 2: Friday that indicated that as opposed to the two point 668 00:39:57,080 --> 00:40:00,480 Speaker 2: four percent that we saw with the Consumer Price Index, 669 00:40:00,920 --> 00:40:05,840 Speaker 2: the baseline consumer or personal consumption expenditure was up around 670 00:40:05,840 --> 00:40:08,800 Speaker 2: two point eight percent, which is what they had expected 671 00:40:08,840 --> 00:40:12,640 Speaker 2: it to be. But they have expected, actually some of 672 00:40:12,680 --> 00:40:14,080 Speaker 2: the talk was that it was going to be low. 673 00:40:14,120 --> 00:40:17,280 Speaker 2: That the core number came in at three point one percent, 674 00:40:17,360 --> 00:40:21,440 Speaker 2: which means that on a consumer basis, we're spending the 675 00:40:21,480 --> 00:40:25,320 Speaker 2: inflation rate is hitting us as the consumers a lot harder. 676 00:40:25,640 --> 00:40:27,600 Speaker 3: However, when they. 677 00:40:27,440 --> 00:40:31,560 Speaker 2: Look at the pay increases where people are in terms 678 00:40:31,560 --> 00:40:36,160 Speaker 2: of hourly wages and what those numbers are up to 679 00:40:36,280 --> 00:40:40,400 Speaker 2: four point one percent, so still ahead of what the 680 00:40:40,880 --> 00:40:44,800 Speaker 2: inflation rate is, but again, people are feeling the burden. 681 00:40:44,840 --> 00:40:48,759 Speaker 2: People are feeling the pressure of that. And one of 682 00:40:48,840 --> 00:40:52,280 Speaker 2: the things that was talked about in terms of these 683 00:40:52,560 --> 00:40:57,839 Speaker 2: pressures that people are experiencing is the fact that some 684 00:40:57,920 --> 00:41:02,040 Speaker 2: of these numbers are fluctuating and in different than what 685 00:41:02,080 --> 00:41:06,120 Speaker 2: they had originally expected. And when you get fluctuations like 686 00:41:06,200 --> 00:41:09,040 Speaker 2: that from one month to another, it kind of, well 687 00:41:09,320 --> 00:41:12,160 Speaker 2: not kind of, it makes it very difficult to try 688 00:41:12,200 --> 00:41:15,799 Speaker 2: to figure out where things are actually headed. And when 689 00:41:15,840 --> 00:41:18,600 Speaker 2: they dug into some of the numbers, it was kind 690 00:41:18,600 --> 00:41:21,560 Speaker 2: of extraordinary in terms of where they were coming up 691 00:41:21,600 --> 00:41:23,920 Speaker 2: with some of the data, what they were coming up 692 00:41:23,960 --> 00:41:28,839 Speaker 2: because durable goods were up. Like I said, we've over 693 00:41:28,840 --> 00:41:32,440 Speaker 2: the last couple of weeks, we've got housing starts, housing permits, 694 00:41:32,719 --> 00:41:35,120 Speaker 2: all those things have been in the positive range. We 695 00:41:35,160 --> 00:41:38,480 Speaker 2: saw an increase in manufacturing numbers, we saw an increase 696 00:41:38,520 --> 00:41:41,719 Speaker 2: in consumer spending in the month of January. We saw 697 00:41:41,840 --> 00:41:45,279 Speaker 2: numbers in terms of new car sales towards the end 698 00:41:45,320 --> 00:41:49,400 Speaker 2: of the December were way up. And for these numbers 699 00:41:49,440 --> 00:41:53,760 Speaker 2: to be there and yet we have this GDP number 700 00:41:53,960 --> 00:41:56,960 Speaker 2: being as low as it was is very surprising. So 701 00:41:58,200 --> 00:42:03,480 Speaker 2: again it's going I definitely believe that it's going to 702 00:42:03,560 --> 00:42:06,640 Speaker 2: require a couple of months to kind of sift through 703 00:42:06,800 --> 00:42:09,960 Speaker 2: everything to see where everything played out, and of course 704 00:42:10,120 --> 00:42:13,440 Speaker 2: what's going on in Iran right now isn't helping things 705 00:42:13,520 --> 00:42:17,200 Speaker 2: at all. When they talked about let's see what's some 706 00:42:17,239 --> 00:42:19,600 Speaker 2: of those other things coming up, I want to mention 707 00:42:19,680 --> 00:42:21,919 Speaker 2: I want to touch here briefly. On we talked about 708 00:42:22,000 --> 00:42:25,759 Speaker 2: last week, I mentioned that I saw Jamie Diamond being 709 00:42:25,760 --> 00:42:30,239 Speaker 2: interviewed by Brett bar on Fox News and he gave 710 00:42:30,280 --> 00:42:32,359 Speaker 2: an interview on CNBC. 711 00:42:33,080 --> 00:42:34,960 Speaker 3: And what was interesting in that is. 712 00:42:34,880 --> 00:42:37,799 Speaker 2: That we've heard all this talk about the economy, We've 713 00:42:37,800 --> 00:42:40,440 Speaker 2: heard all this talk about how AI is going to 714 00:42:40,480 --> 00:42:45,239 Speaker 2: affect employment, that that could actually lead to numerous layoffs. 715 00:42:45,400 --> 00:42:49,239 Speaker 2: Well as far as Jerry Jamie Diamond is concerned, he is. 716 00:42:49,719 --> 00:42:53,680 Speaker 2: He mentioned during that interview with Brett Bear that, as 717 00:42:53,719 --> 00:42:56,080 Speaker 2: I talked about last week, that what we're going to 718 00:42:56,120 --> 00:42:59,359 Speaker 2: be seeing is a shift of those jobs, and we're 719 00:42:59,400 --> 00:43:01,920 Speaker 2: going to see jobs created that we had never talked 720 00:43:01,920 --> 00:43:05,919 Speaker 2: about before, jobs that had never been even imagined from 721 00:43:06,000 --> 00:43:09,200 Speaker 2: years ago. I mentioned the point about, you know, computers. 722 00:43:09,239 --> 00:43:12,880 Speaker 2: When computers first came out, there were no computer stores, 723 00:43:13,040 --> 00:43:16,600 Speaker 2: there were no computer repair people. And because computers came 724 00:43:16,600 --> 00:43:20,400 Speaker 2: out and computers became popular, all of these businesses cropped 725 00:43:20,480 --> 00:43:24,520 Speaker 2: up the different software to get more applications on for 726 00:43:24,600 --> 00:43:27,360 Speaker 2: those computers to do more and to handle more, and 727 00:43:27,440 --> 00:43:30,200 Speaker 2: what that has done in terms of shifting the economy 728 00:43:30,239 --> 00:43:34,200 Speaker 2: in terms of who is operating this and the software 729 00:43:34,239 --> 00:43:36,799 Speaker 2: that's being written for that. But what's interesting is that 730 00:43:36,880 --> 00:43:40,160 Speaker 2: he gave another interview and said JP Morgan Chase CEO 731 00:43:40,239 --> 00:43:44,680 Speaker 2: Jamie Diamond described his bank's internal plans to shift employees 732 00:43:44,719 --> 00:43:49,359 Speaker 2: into new roles as automation accelerates. Quote from him, We've 733 00:43:49,440 --> 00:43:55,080 Speaker 2: already have huge redeployment plans for our own people, he said. 734 00:43:55,400 --> 00:43:59,040 Speaker 2: We have displaced people from AI and we offer them 735 00:43:59,160 --> 00:44:02,600 Speaker 2: other jobs. So they're not laying people off, they're shifting 736 00:44:02,640 --> 00:44:05,520 Speaker 2: them into other areas like I talked about the other day, 737 00:44:05,920 --> 00:44:08,759 Speaker 2: and when we've talked about some of these companies that 738 00:44:08,880 --> 00:44:12,520 Speaker 2: announce these major layoffs in order to improve their stock, 739 00:44:12,960 --> 00:44:15,719 Speaker 2: what they're doing, in effect is taking some of their 740 00:44:15,719 --> 00:44:19,600 Speaker 2: employees and moving them into additional into different divisions. But 741 00:44:19,640 --> 00:44:22,239 Speaker 2: it's a ruse that they're because we're not seeing those 742 00:44:22,320 --> 00:44:25,080 Speaker 2: numbers in the unemployment numbers. So anyway, continuing with this 743 00:44:25,200 --> 00:44:28,360 Speaker 2: before we have to get out of here, the bank's 744 00:44:28,400 --> 00:44:33,960 Speaker 2: workforce provides a snapshot of what's happens when corporations employ 745 00:44:34,120 --> 00:44:38,799 Speaker 2: AI technology, including models from open AI and Anthropic. The 746 00:44:38,840 --> 00:44:43,040 Speaker 2: bank's headcount was roughly unchanged at three hundred and eighteen thousand, 747 00:44:43,400 --> 00:44:46,680 Speaker 2: five hundred and twelve over the past year, but there 748 00:44:46,719 --> 00:44:50,760 Speaker 2: were changes below the surface, in other words, moving people 749 00:44:50,840 --> 00:44:53,800 Speaker 2: from one area to the other. Their headcount hasn't gone 750 00:44:53,840 --> 00:44:58,600 Speaker 2: down because of AI, it's just improved their productivity and 751 00:44:58,680 --> 00:45:02,040 Speaker 2: move people into other areas. So anyway, we're up against clockhair. Folks, 752 00:45:02,160 --> 00:45:05,360 Speaker 2: stay tuned for REDI Radio Top the Hour. I'm Kevin Gordon, 753 00:45:05,520 --> 00:45:10,319 Speaker 2: America struck In Network seven hundred WLW. 754 00:45:10,480 --> 00:45:18,200 Speaker 6: News Traffic and Weather News Radio seven hundred WLW Cincinnati. 755 00:45:18,719 --> 00:45:21,640 Speaker 7: Having some trouble luring allies to help in the war 756 00:45:21,680 --> 00:45:24,360 Speaker 7: against the Ron. If your Top of the Hour reports, 757 00:45:24,520 --> 00:45:25,320 Speaker 7: I'mley Mawin