1
00:00:00,320 --> 00:00:02,480
Speaker 1: It's something new. Anything Trump does.

2
00:00:02,520 --> 00:00:05,760
Speaker 2: I think he knows what he's doing every day, you know.

3
00:00:06,240 --> 00:00:13,760
Speaker 2: Fifty five KRCD talk station, Potato four Here at fifty

4
00:00:13,800 --> 00:00:16,680
Speaker 2: five krc DE talk station, and it's Monday. It's time

5
00:00:16,680 --> 00:00:19,639
Speaker 2: for Monday Monday with Brian James, brought to you well

6
00:00:19,680 --> 00:00:22,239
Speaker 2: by loan all were financial giving him a half hour

7
00:00:22,320 --> 00:00:24,639
Speaker 2: off every Monday to give us some great information about

8
00:00:24,680 --> 00:00:27,760
Speaker 2: money management and of course breaking down. How all the

9
00:00:27,840 --> 00:00:30,440
Speaker 2: ways to shut down is killing us? Brian James, Go

10
00:00:30,640 --> 00:00:35,199
Speaker 2: Bengals snatchoo day, snatching defeat from the jaws of victory

11
00:00:35,240 --> 00:00:37,519
Speaker 2: once again. Sorry head to start there. We kind of

12
00:00:37,520 --> 00:00:38,280
Speaker 2: do that every once in a.

13
00:00:38,280 --> 00:00:40,320
Speaker 1: While, you know, and it tends to be against the Jets.

14
00:00:40,640 --> 00:00:43,479
Speaker 1: I was diagnosed with atual fibrillation. I think it was

15
00:00:43,520 --> 00:00:45,839
Speaker 1: two thousand and nine, and it happened right after they

16
00:00:45,880 --> 00:00:48,159
Speaker 1: lost to the Jets in the playoffs. So I have

17
00:00:48,240 --> 00:00:51,120
Speaker 1: a lot of bad associations with the Bengals and the

18
00:00:51,200 --> 00:00:55,520
Speaker 1: Jets even putting my health at risk. Fair enough, I'm

19
00:00:55,520 --> 00:00:58,920
Speaker 1: blaming them for that. Wow, something happened after the game.

20
00:00:59,000 --> 00:01:01,040
Speaker 1: I think you were too acted to the game. If

21
00:01:01,080 --> 00:01:03,480
Speaker 1: your health is impacted by it, Brian James got to

22
00:01:03,480 --> 00:01:06,680
Speaker 1: start taking care of yourself. Ignore sports. Don't let it

23
00:01:06,720 --> 00:01:09,600
Speaker 1: bother you. Town to ignore this. Yeah, that's right.

24
00:01:09,680 --> 00:01:11,600
Speaker 2: Yet to live in Cleveland, where the state of how

25
00:01:11,680 --> 00:01:13,600
Speaker 2: taxpayers will give you an extra six hundred million dollars

26
00:01:13,640 --> 00:01:16,280
Speaker 2: to enjoy a football game. Anyway, that's not why we're

27
00:01:16,280 --> 00:01:19,160
Speaker 2: talking today. We're talking today mostly about the shutdown. And

28
00:01:19,319 --> 00:01:22,360
Speaker 2: there's like nine ga jillion articles out in the world

29
00:01:22,440 --> 00:01:24,920
Speaker 2: flowing around about what's impacted, what's not. What we do

30
00:01:25,000 --> 00:01:29,039
Speaker 2: know is hit over the weekend. Staffing issues prompted some

31
00:01:29,080 --> 00:01:32,959
Speaker 2: shutdowns at airports hours worth not you know, like day's worth.

32
00:01:33,040 --> 00:01:35,959
Speaker 2: But it's not that they've been fired. The Federal Aviation

33
00:01:36,040 --> 00:01:39,360
Speaker 2: Administration workers, air traffic workers. I guess we'd like to

34
00:01:39,400 --> 00:01:41,759
Speaker 2: have a paycheck, and when they're not getting one, they

35
00:01:41,800 --> 00:01:42,560
Speaker 2: call in sick.

36
00:01:43,720 --> 00:01:45,480
Speaker 1: Yeah, that is what happens.

37
00:01:45,680 --> 00:01:45,840
Speaker 2: You know.

38
00:01:45,920 --> 00:01:48,400
Speaker 1: It's amazing that when when the the illness tends to

39
00:01:48,440 --> 00:01:51,080
Speaker 1: spread around the office, when when the employer has decided

40
00:01:51,080 --> 00:01:52,480
Speaker 1: not to pay you for a while and kind of

41
00:01:52,520 --> 00:01:55,080
Speaker 1: expects that to just be a patriotic thing that you

42
00:01:55,160 --> 00:01:56,920
Speaker 1: take on. And but that's kind of where we are

43
00:01:56,920 --> 00:01:58,440
Speaker 1: at the moment. There's a little bit of history in this.

44
00:01:58,520 --> 00:02:01,240
Speaker 1: Of course, this happened in the early eighties under the

45
00:02:01,240 --> 00:02:03,880
Speaker 1: Reagan administration, where the air traffic controllers went on strike

46
00:02:03,920 --> 00:02:07,240
Speaker 1: and we're effectively told it was illegal and forced to

47
00:02:07,240 --> 00:02:10,000
Speaker 1: come back to work. And so we do have that.

48
00:02:10,000 --> 00:02:11,840
Speaker 1: It's not that there's nobody working at all. There's about

49
00:02:11,840 --> 00:02:14,520
Speaker 1: thirteen thousand air traffic controllers that are still coming and

50
00:02:14,560 --> 00:02:17,560
Speaker 1: doing the job, but they're not being paid during this

51
00:02:17,720 --> 00:02:20,160
Speaker 1: and the FAA is already short about thirty five hundred

52
00:02:20,160 --> 00:02:24,079
Speaker 1: and four thousand controllers before this shutdown. So of course, yes,

53
00:02:24,120 --> 00:02:27,200
Speaker 1: as you mentioned, we're seeing sick calls, staffing shortages. The

54
00:02:27,400 --> 00:02:30,840
Speaker 1: union has warned that these conditions are introducing safety and

55
00:02:30,880 --> 00:02:33,560
Speaker 1: operational risks. This is all fairly predictable, you know kind

56
00:02:33,560 --> 00:02:36,800
Speaker 1: of responses here. And it's not that they got nothing.

57
00:02:37,080 --> 00:02:40,040
Speaker 1: There was about a ninety percent paycheck earlier in October,

58
00:02:40,080 --> 00:02:42,440
Speaker 1: but as at the end of October, they'll they'll face

59
00:02:42,480 --> 00:02:46,960
Speaker 1: a zero paycheck during the shutdown. At this trag's on. Okay,

60
00:02:47,360 --> 00:02:49,080
Speaker 1: if good news, right, how great?

61
00:02:49,600 --> 00:02:52,280
Speaker 2: It's great news. Well, looking at some of the other

62
00:02:52,280 --> 00:02:55,760
Speaker 2: things air traffics one thing, their critical employees. They're paychecks

63
00:02:55,760 --> 00:02:58,000
Speaker 2: building up in the background. They'll ultimately get it all back,

64
00:02:58,040 --> 00:03:00,840
Speaker 2: as is the case with most But what about people

65
00:03:00,880 --> 00:03:03,320
Speaker 2: out in the real world. I see the USDA is

66
00:03:03,360 --> 00:03:06,360
Speaker 2: telling people that Snap benefits are going to expire. Forty

67
00:03:06,480 --> 00:03:12,000
Speaker 2: one million people get Snap benefits, and I guess that

68
00:03:12,360 --> 00:03:16,520
Speaker 2: deadline or cut off is fast approaching. So are they

69
00:03:16,520 --> 00:03:18,120
Speaker 2: going to get in front of this? Is this actually

70
00:03:18,160 --> 00:03:19,560
Speaker 2: happening for Snap benefits?

71
00:03:20,000 --> 00:03:22,919
Speaker 1: Well, so the USDA, that's the Apartment of Agriculture, they've

72
00:03:22,960 --> 00:03:26,040
Speaker 1: warned that Snap's got funding through October twenty five, just

73
00:03:26,040 --> 00:03:28,919
Speaker 1: through this month, but if the shutdown drags on, then

74
00:03:29,000 --> 00:03:31,119
Speaker 1: the money will not be there to pay full benefits

75
00:03:31,120 --> 00:03:33,359
Speaker 1: in November, and that's going to affect about forty two

76
00:03:33,400 --> 00:03:36,640
Speaker 1: million people. There are some states out there, notably Pennsylvania

77
00:03:36,680 --> 00:03:39,839
Speaker 1: and Texas, that have started kind of calling everybody's attention that, hey,

78
00:03:39,840 --> 00:03:43,160
Speaker 1: this November may not be guaranteed. If you're truly relying

79
00:03:43,160 --> 00:03:44,840
Speaker 1: on this, you may may want to start coming up

80
00:03:44,880 --> 00:03:47,080
Speaker 1: with plan B. But Brian Gott to be honest, if

81
00:03:47,280 --> 00:03:48,640
Speaker 1: a lot of these folks had a Plan B, they're

82
00:03:48,640 --> 00:03:50,920
Speaker 1: probably not not on Snap to begin with. But who knows.

83
00:03:51,600 --> 00:03:53,640
Speaker 1: For those who may not know, Snap is a fully

84
00:03:53,680 --> 00:03:57,560
Speaker 1: federally funded program. That's where the benefits themselves come from.

85
00:03:57,640 --> 00:04:00,280
Speaker 1: It's a little bit like Medicaid, where the money comes

86
00:04:00,280 --> 00:04:04,080
Speaker 1: from the federal government, but it's administered by the individual states.

87
00:04:04,360 --> 00:04:06,640
Speaker 1: So that means the timing and the ability to distribute

88
00:04:06,640 --> 00:04:09,280
Speaker 1: those benefits depend heavily on the states receiving the funds

89
00:04:09,320 --> 00:04:11,120
Speaker 1: and then being able to deliver them themselves.

90
00:04:11,960 --> 00:04:14,520
Speaker 2: All right, well, what about military pay? I know Trump

91
00:04:14,840 --> 00:04:17,679
Speaker 2: kind of finagled eight billion dollars away from other areas

92
00:04:17,720 --> 00:04:21,480
Speaker 2: of government in order to keep the military folks paid. Obviously,

93
00:04:21,560 --> 00:04:24,479
Speaker 2: they rejected the concept and failing to pass the bill

94
00:04:24,480 --> 00:04:26,720
Speaker 2: that would have kept the military paid, among other folks

95
00:04:26,760 --> 00:04:30,080
Speaker 2: who are critical to our nation, decided not to go

96
00:04:30,160 --> 00:04:33,359
Speaker 2: down that road. Or fifty four to forty five against

97
00:04:33,360 --> 00:04:37,440
Speaker 2: the Republican bill by Johnson and Wisconsin. Active duty members

98
00:04:37,440 --> 00:04:39,400
Speaker 2: would have been paid. I thought that might have gone through,

99
00:04:39,440 --> 00:04:43,159
Speaker 2: but Democrats want to keep all the hostage taking in play.

100
00:04:43,680 --> 00:04:46,960
Speaker 2: But at some point America's military are going to be paid.

101
00:04:46,960 --> 00:04:49,200
Speaker 2: In this one hundred and thirty million dollar donation, and

102
00:04:49,240 --> 00:04:52,080
Speaker 2: say what you will about it, whether or not it's lawful.

103
00:04:52,160 --> 00:04:54,760
Speaker 2: Does this person have some issues he wants to be

104
00:04:54,839 --> 00:04:56,920
Speaker 2: dealt with politically, and by giving one hundred and thirty

105
00:04:56,920 --> 00:04:59,240
Speaker 2: million dollars to help pay the military, is he tried

106
00:04:59,240 --> 00:05:01,200
Speaker 2: to buy favors or not. I don't even want to

107
00:05:01,240 --> 00:05:02,800
Speaker 2: address that. I just want to point out to the

108
00:05:02,800 --> 00:05:04,800
Speaker 2: fact that one hundred and thirty million dollar gift, while

109
00:05:04,839 --> 00:05:08,200
Speaker 2: admirable and something that you and I probably couldn't do,

110
00:05:08,960 --> 00:05:10,360
Speaker 2: that ain't gonna last very long.

111
00:05:10,640 --> 00:05:12,479
Speaker 1: Yeah, that sounds like a lot of money until you

112
00:05:12,480 --> 00:05:15,000
Speaker 1: realize that the military payroll is about six and a

113
00:05:15,040 --> 00:05:17,799
Speaker 1: half to seven and a half billion dollars every two weeks.

114
00:05:17,800 --> 00:05:20,560
Speaker 1: That's how much goes out in paychecks during the shutdown,

115
00:05:20,560 --> 00:05:22,360
Speaker 1: so that one hundred and thirty million dollars looks like

116
00:05:22,400 --> 00:05:24,280
Speaker 1: an eye popping number, but it's really not. It's not

117
00:05:24,320 --> 00:05:25,760
Speaker 1: going to move the needle very much. It's more of

118
00:05:25,839 --> 00:05:29,000
Speaker 1: a political headline. So there is There was a govern

119
00:05:29,480 --> 00:05:32,239
Speaker 1: a bill introduced, the Pay Our Troops Act of twenty

120
00:05:32,240 --> 00:05:34,760
Speaker 1: twenty five that that is supposed to guarantee pay Its

121
00:05:34,760 --> 00:05:37,919
Speaker 1: basically intended to remove military pay from the kinds of

122
00:05:37,920 --> 00:05:40,240
Speaker 1: things that can be that go away during these shutdowns,

123
00:05:40,240 --> 00:05:42,280
Speaker 1: but that has not been enacted yet, and so it's

124
00:05:42,320 --> 00:05:44,719
Speaker 1: not going to help us during this this particular time.

125
00:05:45,040 --> 00:05:47,920
Speaker 1: So the Department of Defense, though, has stated that service

126
00:05:47,920 --> 00:05:50,200
Speaker 1: members are going to receive back pay once the funding

127
00:05:50,200 --> 00:05:52,440
Speaker 1: comes back in. That's those are words. You know, we'll

128
00:05:52,440 --> 00:05:55,120
Speaker 1: see how the timing and the certainty of all this remains.

129
00:05:55,120 --> 00:05:57,520
Speaker 1: But at least the words were said that back pay

130
00:05:57,560 --> 00:05:59,000
Speaker 1: will be coming. But you know, to be honest, Brian,

131
00:05:59,040 --> 00:06:01,720
Speaker 1: I've heard the opposite of other parts of government as well.

132
00:06:01,920 --> 00:06:05,120
Speaker 1: And yeah, we'll see what actually comes to play, won't

133
00:06:05,160 --> 00:06:06,279
Speaker 1: we Yes, we will.

134
00:06:06,440 --> 00:06:10,560
Speaker 2: And the apparently that the what are they calling him

135
00:06:10,640 --> 00:06:13,040
Speaker 2: vote the guy that was going to fire little everybody

136
00:06:13,080 --> 00:06:14,960
Speaker 2: do the work that Doge was supposed to do. Apparently

137
00:06:15,040 --> 00:06:17,960
Speaker 2: that's not happening either. I went into a couple of wrinkles.

138
00:06:17,960 --> 00:06:20,000
Speaker 2: They tried to fire people and then found out what,

139
00:06:20,120 --> 00:06:20,920
Speaker 2: we can't fire.

140
00:06:20,720 --> 00:06:24,320
Speaker 1: Them, right, And then we've mysteriously top talking about Doze

141
00:06:24,520 --> 00:06:26,800
Speaker 1: at all because it turns out the US federal government

142
00:06:26,880 --> 00:06:29,880
Speaker 1: is a little more complicated than he's just eliminating stuff wholesale.

143
00:06:30,200 --> 00:06:33,840
Speaker 1: Let Who saw that coming, Brian? Why didn't they tell us?

144
00:06:34,600 --> 00:06:36,720
Speaker 2: Yeah, it's like the peace of God. That one's another

145
00:06:36,720 --> 00:06:38,919
Speaker 2: one that it just passes all human understanding. For me,

146
00:06:39,279 --> 00:06:41,400
Speaker 2: out in the private sector, our jobs are not secure.

147
00:06:41,440 --> 00:06:43,839
Speaker 2: We're usually considered employment. It will and subject to the

148
00:06:43,839 --> 00:06:47,320
Speaker 2: whim of whoever is our boss or manager. Anyhow, what

149
00:06:47,360 --> 00:06:49,760
Speaker 2: about my VA fans out there, I understanding his VA

150
00:06:49,839 --> 00:06:52,040
Speaker 2: benefits are going to continue, and since I have the

151
00:06:52,120 --> 00:06:54,719
Speaker 2: Cincinntiva coming up at the end of this hour, I'd

152
00:06:54,760 --> 00:06:56,679
Speaker 2: like to know whether or not that's got some truth

153
00:06:56,720 --> 00:06:57,040
Speaker 2: to it.

154
00:06:57,520 --> 00:06:59,760
Speaker 1: Well. Yeah, so the VA of course is tied to

155
00:06:59,800 --> 00:07:02,679
Speaker 1: this as well. And so this is just give everyby

156
00:07:02,680 --> 00:07:05,960
Speaker 1: a little bit background. So VA benefits, the core benefit payments,

157
00:07:06,000 --> 00:07:09,960
Speaker 1: disability compensation, pension, education benefits, like the post nine to

158
00:07:09,960 --> 00:07:12,520
Speaker 1: eleven GI bill, that kind of stuff. Those are considered

159
00:07:12,560 --> 00:07:16,520
Speaker 1: mandatory spending and those are expected to continue uninterrupted during

160
00:07:16,520 --> 00:07:20,040
Speaker 1: the shutdown. Now, remember nothing is guaranteed anymore. A lot

161
00:07:20,040 --> 00:07:22,160
Speaker 1: of times we just read words on paper and assume

162
00:07:22,200 --> 00:07:25,400
Speaker 1: that that's the case. So healthcare services through the VA

163
00:07:25,480 --> 00:07:28,840
Speaker 1: knocking on wood furiously here, medical centers, outpatient clents and

164
00:07:28,960 --> 00:07:32,440
Speaker 1: VET centers remain open and operating. What is truly being

165
00:07:32,680 --> 00:07:37,920
Speaker 1: affected and suspended. The VA Outreach program has been suspended already.

166
00:07:38,200 --> 00:07:41,520
Speaker 1: Career counseling under the Veteran Readiness and employment program that's

167
00:07:41,520 --> 00:07:44,920
Speaker 1: been paused for new enrollments and delayed for current participants.

168
00:07:45,200 --> 00:07:47,960
Speaker 1: And then there are some regional VA benefit offices closing

169
00:07:48,000 --> 00:07:51,400
Speaker 1: down certain hotlines such as the GI bill hotline closed

170
00:07:51,400 --> 00:07:56,080
Speaker 1: down now cemeteries. While burials are continuing, there are some

171
00:07:56,120 --> 00:07:59,600
Speaker 1: other things being delayed such as headstone placements, grounds maintenance,

172
00:07:59,680 --> 00:08:03,120
Speaker 1: and pre burial application type thing. So definitely starting to

173
00:08:03,120 --> 00:08:05,240
Speaker 1: affect the VA as well, but it hasn't hit those

174
00:08:05,320 --> 00:08:07,120
Speaker 1: knock on wood core services yet.

175
00:08:07,320 --> 00:08:12,040
Speaker 2: That's good retirees veterans that are receiving some sort of

176
00:08:13,880 --> 00:08:17,560
Speaker 2: retirement benefit from from the federal government, their their pay

177
00:08:17,600 --> 00:08:18,880
Speaker 2: is going to continue as well.

178
00:08:18,920 --> 00:08:21,840
Speaker 1: Correct, Yeah, at the moment that again, that's that's part

179
00:08:21,840 --> 00:08:25,560
Speaker 1: of those core types of services that that that involves.

180
00:08:26,720 --> 00:08:28,720
Speaker 1: If that happens, then obviously we're going to have a

181
00:08:28,720 --> 00:08:30,800
Speaker 1: massive hue and cry. It's one thing not to pay

182
00:08:30,840 --> 00:08:33,960
Speaker 1: the you know, the currently military people serving in the military.

183
00:08:34,000 --> 00:08:36,280
Speaker 1: It's another entirely to take the ones who have taken

184
00:08:36,320 --> 00:08:39,080
Speaker 1: their shots literally speaking and are not getting paid. So

185
00:08:39,120 --> 00:08:42,439
Speaker 1: that hasn't come up yet that those are classified as

186
00:08:42,480 --> 00:08:44,720
Speaker 1: mandatory spending. So I think it would be a ways

187
00:08:44,760 --> 00:08:47,640
Speaker 1: down the road that we would start worrying about retiree

188
00:08:47,640 --> 00:08:49,000
Speaker 1: pension for military folks.

189
00:08:49,000 --> 00:08:51,040
Speaker 2: And I saw the announced a cost of living increase

190
00:08:51,080 --> 00:08:53,199
Speaker 2: for folks out there on Social Security with two and

191
00:08:53,240 --> 00:08:56,440
Speaker 2: a half percent increase for cost of living that went through,

192
00:08:56,520 --> 00:08:59,079
Speaker 2: and the Social Security checks are going to continue to

193
00:08:59,120 --> 00:09:01,240
Speaker 2: go to go through as well, right, Brian.

194
00:09:01,040 --> 00:09:02,600
Speaker 1: That is sure. We did have to recall some of

195
00:09:02,640 --> 00:09:06,400
Speaker 1: those furloughed employees to do the math the number exactly. Yeah,

196
00:09:06,640 --> 00:09:08,480
Speaker 1: cheers out, We need those after all, Okay, bringing these

197
00:09:08,480 --> 00:09:10,800
Speaker 1: folks back in because we got we turned out they

198
00:09:10,840 --> 00:09:13,040
Speaker 1: actually do do something. So yeah, they came in and

199
00:09:13,320 --> 00:09:16,400
Speaker 1: rework those numbers, and yeah, we'll be The number itself

200
00:09:16,400 --> 00:09:18,920
Speaker 1: isn't too shocking. We'll get a couple percentage points, no

201
00:09:18,960 --> 00:09:22,360
Speaker 1: big deal, that's not too surprising. Inflation has been relatively tame.

202
00:09:22,480 --> 00:09:24,920
Speaker 1: Remember when we talk about inflation in this manner, we're

203
00:09:24,960 --> 00:09:28,200
Speaker 1: talking year over year, not how expensive stuff was six

204
00:09:28,280 --> 00:09:31,439
Speaker 1: years ago versus now, So year over year inflation hasn't

205
00:09:31,480 --> 00:09:33,600
Speaker 1: been all that bad. Therefore it's not filtering through to

206
00:09:33,640 --> 00:09:34,959
Speaker 1: a huge so security increase.

207
00:09:34,960 --> 00:09:37,600
Speaker 2: It's about a point higher though than they really hopeful. Right.

208
00:09:37,640 --> 00:09:39,760
Speaker 2: It's been hanging around at three percent when they're really

209
00:09:39,800 --> 00:09:41,000
Speaker 2: ideally looking for two.

210
00:09:41,240 --> 00:09:43,520
Speaker 1: Yeah, and that two percent number that filters through to

211
00:09:43,600 --> 00:09:46,040
Speaker 1: a lot of different things that the federal government would like.

212
00:09:46,080 --> 00:09:49,440
Speaker 1: Two percent seems to be the well accepted kind of

213
00:09:49,440 --> 00:09:51,800
Speaker 1: happy medium of we got to have some inflation, otherwise

214
00:09:51,800 --> 00:09:53,400
Speaker 1: the world doesn't grow. But at the same time, if

215
00:09:53,400 --> 00:09:55,960
Speaker 1: we have too much, that's not good. So the happy

216
00:09:55,960 --> 00:09:58,679
Speaker 1: place is about two percent. We are currently somewhere two

217
00:09:58,679 --> 00:09:59,480
Speaker 1: and a half three percent.

218
00:10:00,040 --> 00:10:03,560
Speaker 2: All right, Well, I don't know what they're waiting for.

219
00:10:04,200 --> 00:10:06,480
Speaker 2: I keep going back to the idea that the Republicans

220
00:10:06,520 --> 00:10:10,800
Speaker 2: didn't cut in passing the continuing Resolution. They left everything

221
00:10:10,840 --> 00:10:13,520
Speaker 2: in place at full Biden era spending levels, and that

222
00:10:13,600 --> 00:10:16,319
Speaker 2: was order to avoid the argument that it's the Republicans

223
00:10:16,320 --> 00:10:19,360
Speaker 2: and their evil cuts who are causing this shutdown. We

224
00:10:19,480 --> 00:10:22,840
Speaker 2: Democrats can't abide that. What they're arguing over is the

225
00:10:22,880 --> 00:10:26,960
Speaker 2: extension of the premium subsidies under Obamacare, which are and

226
00:10:27,160 --> 00:10:30,000
Speaker 2: in the law that they rote and they passed into law,

227
00:10:30,120 --> 00:10:32,480
Speaker 2: set to expire at the end of this year. I

228
00:10:32,559 --> 00:10:34,480
Speaker 2: really truly believe, and I don't think it's a big

229
00:10:34,720 --> 00:10:37,400
Speaker 2: jump to go to this conclusion that they expected that

230
00:10:37,480 --> 00:10:40,160
Speaker 2: the Democrats would still be in power that Donald Trump

231
00:10:40,200 --> 00:10:43,839
Speaker 2: would not get elected and they would extend those supplements

232
00:10:43,960 --> 00:10:46,760
Speaker 2: indefinitely to make Obamacare appear as if it's working when

233
00:10:46,760 --> 00:10:49,520
Speaker 2: and ultimately the American taxpayers shouldering the burden of the

234
00:10:49,520 --> 00:10:51,800
Speaker 2: premiums that are ultimately still going out to the health

235
00:10:51,840 --> 00:10:54,520
Speaker 2: insurance or the medical providers out there.

236
00:10:54,880 --> 00:10:58,040
Speaker 1: Yeah, and for the past several decades, that's how we've

237
00:10:58,040 --> 00:11:00,439
Speaker 1: gotten things to pass. Everything has to have a set

238
00:11:00,760 --> 00:11:04,040
Speaker 1: on it. There were the second President Bush put some

239
00:11:04,360 --> 00:11:06,720
Speaker 1: tax cuts in place that expired, and that that's when

240
00:11:06,720 --> 00:11:09,680
Speaker 1: we first started talking about the sunset provision. Fancy word

241
00:11:09,720 --> 00:11:11,240
Speaker 1: to say this is going away at a certain date.

242
00:11:11,440 --> 00:11:12,920
Speaker 1: So that's the only way we can get stuff pushed

243
00:11:12,920 --> 00:11:15,000
Speaker 1: across the finish line anymore. And I think you're right.

244
00:11:15,040 --> 00:11:17,000
Speaker 1: The gamble is always by the party in power that

245
00:11:17,080 --> 00:11:19,280
Speaker 1: gets it done, that they'll be in power to be

246
00:11:19,320 --> 00:11:22,200
Speaker 1: able to push that through. That happened for President Trump

247
00:11:22,280 --> 00:11:25,679
Speaker 1: because one of the features of the OBBB was to

248
00:11:25,880 --> 00:11:28,080
Speaker 1: lock in the twenty seventeen tax cuts, so that was

249
00:11:28,080 --> 00:11:30,160
Speaker 1: a little bit of a gamble. He basically threw himself

250
00:11:30,160 --> 00:11:33,120
Speaker 1: a hail Mary from one administration over a second over

251
00:11:33,160 --> 00:11:36,160
Speaker 1: the Biden administration and to himself in the third administration,

252
00:11:36,800 --> 00:11:39,120
Speaker 1: and so we're simply seeing the same thing. But it

253
00:11:39,120 --> 00:11:40,959
Speaker 1: didn't work out for Democrats the way they had hoped.

254
00:11:41,320 --> 00:11:43,200
Speaker 2: Fair enough. One more with Brian James gets to talk

255
00:11:43,240 --> 00:11:45,760
Speaker 2: about gasoline. I think in a positive light. I know

256
00:11:45,880 --> 00:11:48,880
Speaker 2: I had a good, positive gasoline full tank experience just

257
00:11:48,960 --> 00:11:52,640
Speaker 2: the other day. Will it stay at a reasonable price?

258
00:11:52,640 --> 00:11:56,320
Speaker 2: More with Brian James after I mentioned again Galaxy concrete coatings,

259
00:11:56,600 --> 00:11:59,280
Speaker 2: and thank you Mike who point him out. Because of

260
00:11:59,320 --> 00:12:02,000
Speaker 2: the Terrench rain we're supposed to get on Wednesday, maybe

261
00:12:02,040 --> 00:12:04,400
Speaker 2: my daughter and our fiance's project won't get done, but

262
00:12:04,440 --> 00:12:08,560
Speaker 2: it's gonna get done. Getting that amazing Galaxy concrete coating

263
00:12:08,600 --> 00:12:11,280
Speaker 2: surface applied to their right now doesn't look very good

264
00:12:11,400 --> 00:12:14,800
Speaker 2: patio if you got it, doesn't look very good. Concrete service.

265
00:12:14,840 --> 00:12:16,800
Speaker 2: You want to change the diet of the way it looks.

266
00:12:16,840 --> 00:12:18,160
Speaker 2: You want to make it pop. You want to make

267
00:12:18,160 --> 00:12:22,240
Speaker 2: people go wow, gorgeous. That's why you want Galaxy concrete coatings.

268
00:12:22,240 --> 00:12:26,400
Speaker 2: Whether it's your garage floor, your driveway, a patio, a

269
00:12:26,520 --> 00:12:30,480
Speaker 2: pool deck, something like that. There's also commercial applications galore.

270
00:12:30,960 --> 00:12:34,240
Speaker 2: The products come in one hundred and forty plus different colors,

271
00:12:34,400 --> 00:12:39,599
Speaker 2: multiple different surfaces to choose from life time guarantee. I

272
00:12:39,679 --> 00:12:41,440
Speaker 2: think that's the coolest thing about it because it's going

273
00:12:41,520 --> 00:12:44,840
Speaker 2: to look that great forever. That's the guarantee from Galaxy

274
00:12:44,920 --> 00:12:46,640
Speaker 2: Concrete Coatings. These folks have been out for more than

275
00:12:46,640 --> 00:12:49,360
Speaker 2: twenty years. The surfaces dry really quickly. You can use

276
00:12:49,400 --> 00:12:52,880
Speaker 2: them fairly soon after the application. But then again, I

277
00:12:52,880 --> 00:12:54,320
Speaker 2: don't know if they can apply it in the middle

278
00:12:54,320 --> 00:12:56,319
Speaker 2: of a downpour. So hopefully my daughter and Eric will

279
00:12:56,320 --> 00:12:58,440
Speaker 2: get it done on Wednesday, but if not, it's coming fast.

280
00:12:58,760 --> 00:13:00,560
Speaker 2: I'll be sure and put up before that after pictures

281
00:13:00,559 --> 00:13:03,120
Speaker 2: because it's going to look great. I know that upfront.

282
00:13:03,200 --> 00:13:05,080
Speaker 2: For you to get a creet free quote to see

283
00:13:05,080 --> 00:13:09,920
Speaker 2: the products, go to Galaxyconcrete Codings dot com. That's Galaxyconcretecoatings

284
00:13:09,960 --> 00:13:10,600
Speaker 2: dot com.

285
00:13:10,920 --> 00:13:11,600
Speaker 1: What's happening?

286
00:13:11,720 --> 00:13:15,120
Speaker 2: They placed wagers on Morning you picture about PARASD talk stations,

287
00:13:15,280 --> 00:13:19,960
Speaker 2: very very happy Monday to Monday Monday, Brian James. So

288
00:13:20,520 --> 00:13:22,360
Speaker 2: the world's gonna all die. We're all gonna die because

289
00:13:22,360 --> 00:13:24,360
Speaker 2: the government shutdown. We heard what is going to close,

290
00:13:24,440 --> 00:13:26,439
Speaker 2: what is not going to close, what's getting held up?

291
00:13:26,520 --> 00:13:29,319
Speaker 2: And the uh, well, the ys and wherefores that go

292
00:13:29,360 --> 00:13:31,760
Speaker 2: along with the government shutdown. Hopefully it'll end soon, But

293
00:13:32,000 --> 00:13:34,880
Speaker 2: in the meantime, we do have some good information out

294
00:13:34,920 --> 00:13:38,320
Speaker 2: there in the form of gasoline prices. I maybe you

295
00:13:38,320 --> 00:13:40,480
Speaker 2: can answer the question, here's the fundamental question, because it's

296
00:13:40,480 --> 00:13:42,720
Speaker 2: been asked of me, and again I refer to it's

297
00:13:42,760 --> 00:13:46,120
Speaker 2: like the peace of God. I have no idea how

298
00:13:46,120 --> 00:13:48,600
Speaker 2: a price of gasoline that a local gas station can be,

299
00:13:48,720 --> 00:13:51,440
Speaker 2: you know, three dollars one day and then jump to

300
00:13:51,480 --> 00:13:53,240
Speaker 2: three dollars and fifty cents the next day, and then

301
00:13:53,280 --> 00:13:55,120
Speaker 2: be down to two dollars and eighty cents maybe a

302
00:13:55,200 --> 00:13:57,320
Speaker 2: week later. But that's what's going on out there. But

303
00:13:57,400 --> 00:14:01,000
Speaker 2: right now, nationally, at least if you in California one

304
00:14:01,040 --> 00:14:05,160
Speaker 2: of the other crazy states, gasoline's comparatively affordable. Brian, what's

305
00:14:05,200 --> 00:14:05,560
Speaker 2: going on?

306
00:14:05,840 --> 00:14:07,439
Speaker 1: Yeah, we haven't talked about it in a long time.

307
00:14:07,480 --> 00:14:08,960
Speaker 1: And I don't know about you, but I haven't seen

308
00:14:09,000 --> 00:14:12,240
Speaker 1: any of those I did that stickers on pumps from

309
00:14:12,280 --> 00:14:14,920
Speaker 1: either president. The old ones are gone. There's no new ones.

310
00:14:14,960 --> 00:14:17,679
Speaker 1: We're not talking about gas right now. And we went

311
00:14:17,760 --> 00:14:19,880
Speaker 1: through you know, summer wasn't that long ago. You and

312
00:14:19,920 --> 00:14:22,200
Speaker 1: I went through the whole summer travel period without talking

313
00:14:22,240 --> 00:14:24,480
Speaker 1: about it at all. It just wasn't a topic. So

314
00:14:24,680 --> 00:14:27,160
Speaker 1: the US national average price right now is about three

315
00:14:27,160 --> 00:14:31,640
Speaker 1: dollars and seven cents, and that's the demand is flat

316
00:14:31,680 --> 00:14:33,440
Speaker 1: about eight and a half million dollars per day, So

317
00:14:33,440 --> 00:14:36,280
Speaker 1: we're just kind of hanging loose where we are. Of course,

318
00:14:36,320 --> 00:14:40,680
Speaker 1: as you mentioned, it's not that way everywhere California, Mississippi,

319
00:14:40,680 --> 00:14:42,720
Speaker 1: and tech I'm sorry, at California, Hawaii in the mid

320
00:14:42,840 --> 00:14:46,120
Speaker 1: fos for gas on the lower end, you've got Mississippi

321
00:14:46,120 --> 00:14:48,240
Speaker 1: and Texas at about two fifty. I guess that's because

322
00:14:48,280 --> 00:14:50,359
Speaker 1: they're closer to the gas that's where all the refineries

323
00:14:50,360 --> 00:14:52,960
Speaker 1: are in less taxes and all that fun stuff. But

324
00:14:53,360 --> 00:14:58,080
Speaker 1: the demand simply has not pushed it that high at

325
00:14:58,120 --> 00:15:00,200
Speaker 1: all this year, and we were actually were below three

326
00:15:00,240 --> 00:15:03,120
Speaker 1: dollars a gallon earlier this year. There's some analysts out

327
00:15:03,120 --> 00:15:05,080
Speaker 1: there cautioning that this could be a warning sign of

328
00:15:05,120 --> 00:15:07,680
Speaker 1: a slowing economy. I mean, that kind of makes a

329
00:15:07,680 --> 00:15:09,480
Speaker 1: little bit of sense, and the economy is slowing just

330
00:15:09,480 --> 00:15:12,200
Speaker 1: a bit, so not too shocking. But that's nothing going

331
00:15:12,200 --> 00:15:13,560
Speaker 1: on that it would make me change, you know, what

332
00:15:13,600 --> 00:15:15,800
Speaker 1: I'm doing on a daily basis. But that's said, you have,

333
00:15:15,880 --> 00:15:18,160
Speaker 1: fuel prices have been in a place where we can

334
00:15:18,200 --> 00:15:20,680
Speaker 1: be very confident that that's not going to be the

335
00:15:20,680 --> 00:15:21,880
Speaker 1: top thing we're going to talk about.

336
00:15:21,720 --> 00:15:24,320
Speaker 2: Right And that's a great thing. After so many years

337
00:15:24,360 --> 00:15:27,400
Speaker 2: of being a dominating the conversation, I'm pleased that this

338
00:15:27,440 --> 00:15:29,440
Speaker 2: is the direction we're on right now. I guess, more

339
00:15:29,480 --> 00:15:32,120
Speaker 2: broadly speaking, if the price of the regular gallon of

340
00:15:32,120 --> 00:15:35,000
Speaker 2: gasoline's gone down, has diesel gone down as well? Because

341
00:15:35,040 --> 00:15:37,280
Speaker 2: that impacts everybody, and that might be something that could

342
00:15:37,320 --> 00:15:39,920
Speaker 2: provide a measure of relief with all the inflation we're

343
00:15:39,920 --> 00:15:40,400
Speaker 2: dealing with.

344
00:15:40,640 --> 00:15:42,840
Speaker 1: That's a great point. And for those of you who say, well,

345
00:15:42,880 --> 00:15:45,120
Speaker 1: my car takes unleaded I don't need diesel fuel, well,

346
00:15:45,160 --> 00:15:48,160
Speaker 1: guess what. Everything you buy comes to you via diesel.

347
00:15:48,560 --> 00:15:52,840
Speaker 1: So the US Energy Administration is expecting the average diesel

348
00:15:52,880 --> 00:15:55,160
Speaker 1: price to be about three sixty five a gallon in

349
00:15:55,200 --> 00:15:57,920
Speaker 1: twenty twenty five, three forty six, and twenty twenty six,

350
00:15:58,000 --> 00:16:01,200
Speaker 1: so that the assumptions for that are relatively benign too.

351
00:16:01,240 --> 00:16:03,280
Speaker 1: We're not really worried that diesel prices are going to

352
00:16:03,360 --> 00:16:05,920
Speaker 1: go through the roof anytime soon. You know that said

353
00:16:05,960 --> 00:16:08,480
Speaker 1: things change. As you mentioned, in this area, things change

354
00:16:08,600 --> 00:16:11,600
Speaker 1: very very quickly. One hurricane hits a refinery somewhere and

355
00:16:11,600 --> 00:16:13,480
Speaker 1: all of a sudden, that causes a spike that circles

356
00:16:13,520 --> 00:16:16,480
Speaker 1: and circulates all the way through the entire supply line.

357
00:16:16,520 --> 00:16:19,760
Speaker 1: So bear in mind that that there is always that risk,

358
00:16:19,800 --> 00:16:21,960
Speaker 1: but at the moment that's not high on the radar

359
00:16:22,000 --> 00:16:23,160
Speaker 1: of things to be worried about.

360
00:16:23,560 --> 00:16:25,960
Speaker 2: So nice to hear that, Brian James. Any other good

361
00:16:26,040 --> 00:16:27,560
Speaker 2: news you want to pass along before we part comy

362
00:16:27,600 --> 00:16:28,440
Speaker 2: this morning, you know?

363
00:16:28,600 --> 00:16:30,880
Speaker 1: Would I'll just say that as I'm sitting down with

364
00:16:30,920 --> 00:16:33,760
Speaker 1: people doing for their financial plan reviews and all that,

365
00:16:33,800 --> 00:16:35,800
Speaker 1: everybody kind of sighs and says, I wish we were

366
00:16:35,800 --> 00:16:37,880
Speaker 1: in a more stable political environment. I didn't have to

367
00:16:37,920 --> 00:16:39,480
Speaker 1: be angry all the time. And this is people from

368
00:16:39,480 --> 00:16:41,840
Speaker 1: both sides. Brian, Oh yeah, oh yeah. What they come

369
00:16:42,040 --> 00:16:44,080
Speaker 1: what the conclusion they come to is, ay, I can't

370
00:16:44,080 --> 00:16:46,880
Speaker 1: control this, and b I need to not throw a

371
00:16:46,920 --> 00:16:49,480
Speaker 1: temper tantrum, and I need to make smart financial decisions

372
00:16:49,480 --> 00:16:52,560
Speaker 1: for myself and just exist in the world as it

373
00:16:52,640 --> 00:16:55,000
Speaker 1: is and not try to really think about trying to

374
00:16:55,080 --> 00:16:57,800
Speaker 1: change it, because I cannot do that from my standpoint

375
00:16:57,800 --> 00:16:59,640
Speaker 1: with my own four one kay, my own investments.

376
00:16:59,640 --> 00:17:01,760
Speaker 2: So you can fight to change the world, you can

377
00:17:01,800 --> 00:17:04,080
Speaker 2: talk about it. It's important to discuss the issues that

378
00:17:04,160 --> 00:17:07,800
Speaker 2: are largely out of our hands, but don't let them

379
00:17:07,880 --> 00:17:09,920
Speaker 2: ruin your day, right, Brian.

380
00:17:10,000 --> 00:17:11,840
Speaker 1: That's exactly, and that's the point of doing a plan

381
00:17:11,880 --> 00:17:14,520
Speaker 1: in the first place. Just understand what position you yourselves

382
00:17:14,520 --> 00:17:17,040
Speaker 1: are currently in. Do not worry about what other people

383
00:17:17,080 --> 00:17:19,280
Speaker 1: are doing, except maybe your own family. Have a discussion

384
00:17:19,320 --> 00:17:21,200
Speaker 1: with them. But at the same time, just control what

385
00:17:21,359 --> 00:17:23,399
Speaker 1: you can control and then you'll find the rest of

386
00:17:23,440 --> 00:17:24,840
Speaker 1: it kind of doesn't seem as.

387
00:17:24,680 --> 00:17:27,560
Speaker 2: Intense, Brian James, appreciate your willingness. Come on the show,

388
00:17:27,600 --> 00:17:29,760
Speaker 2: appreciate it all. We're financial learning out every week, and

389
00:17:29,880 --> 00:17:31,480
Speaker 2: take an early break rather than take you over for

390
00:17:31,520 --> 00:17:33,879
Speaker 2: another segment because Judge Betsy Sunniman's going to come on.

391
00:17:33,960 --> 00:17:37,239
Speaker 2: She's gonna tell us what smart justice means. I don't know.

392
00:17:37,320 --> 00:17:39,000
Speaker 2: I get to find out something to learn something like

393
00:17:39,040 --> 00:17:41,240
Speaker 2: I do every day on the morning show. Brian, it's

394
00:17:41,240 --> 00:17:43,400
Speaker 2: always great talking with you. Have a great week, my friend.

395
00:17:43,400 --> 00:17:44,639
Speaker 2: We'll do this again next Monday.

396
00:17:44,800 --> 00:17:46,200
Speaker 1: I look forward to hearing her too. We'll talk to

397
00:17:46,200 --> 00:17:46,680
Speaker 1: you next week.

398
00:17:46,720 --> 00:17:49,120
Speaker 2: Thanks brother, It's Take twenty five ifty five KRSTE talkstation.

399
00:17:49,200 --> 00:17:51,159
Speaker 2: And before I mentioned ODO Exit, which I'm going to

400
00:17:51,880 --> 00:17:57,040
Speaker 2: shout out to Jack Morgan. I just read a post

401
00:17:57,040 --> 00:17:59,879
Speaker 2: that Jack Morgan put up on the Cincinnati Then and

402
00:18:00,160 --> 00:18:02,600
Speaker 2: Now site, and he put it up a couple of

403
00:18:02,640 --> 00:18:04,560
Speaker 2: days ago, and I didn't see it until now. It

404
00:18:04,680 --> 00:18:10,840
Speaker 2: is the most beautiful, allergy inspiring tribute to my dad.

405
00:18:10,480 --> 00:18:15,680
Speaker 2: I'm at a loss for words. Jack, Man, I cannot

406
00:18:15,760 --> 00:18:17,959
Speaker 2: thank you enough. He did mention me, and I just

407
00:18:18,000 --> 00:18:20,760
Speaker 2: I'm ignoring what he the very very kind words he

408
00:18:20,800 --> 00:18:22,840
Speaker 2: wrote about me. But man, he went through my dad's

409
00:18:22,880 --> 00:18:27,800
Speaker 2: life and just under the caption I still think Granny

410
00:18:28,080 --> 00:18:31,119
Speaker 2: was real. You have an opportunity to head over to

411
00:18:31,119 --> 00:18:33,160
Speaker 2: the CINCINNTI Then and Now and look at Jack's post

412
00:18:33,200 --> 00:18:36,240
Speaker 2: from October twenty fourth at two eleven pm. I would

413
00:18:36,240 --> 00:18:39,679
Speaker 2: be honored if you did that. It's just really just

414
00:18:39,720 --> 00:18:43,440
Speaker 2: the best summation of my father's legacy and his commitment

415
00:18:43,480 --> 00:18:45,160
Speaker 2: to the community and everything he did that I think

416
00:18:45,160 --> 00:18:49,800
Speaker 2: I've ever read really moved me. Jack really did. It's

417
00:18:49,840 --> 00:18:52,159
Speaker 2: a twenty five right now. Now, I'll mention ODO exit

418
00:18:52,160 --> 00:18:54,680
Speaker 2: gets rid of everything except the stench of politics. ODO

419
00:18:54,680 --> 00:18:58,480
Speaker 2: Exit products are truly outstanding and I've used all of

420
00:18:58,480 --> 00:19:00,480
Speaker 2: them for years. There are four different I think it's

421
00:19:00,520 --> 00:19:03,080
Speaker 2: for specific different Oto Exit products, and I've had need

422
00:19:03,160 --> 00:19:05,400
Speaker 2: for every single one of them over the years. We've

423
00:19:05,400 --> 00:19:07,040
Speaker 2: all got odors we want to get rid of, and

424
00:19:07,320 --> 00:19:10,000
Speaker 2: Odor Exit comes with one hundred percent satisfaction guarantee. Whether

425
00:19:10,000 --> 00:19:11,360
Speaker 2: you're trying to ready to get rid of pet odor,

426
00:19:11,400 --> 00:19:15,400
Speaker 2: human oders, skunk, mold, mildew, smoke, some general odor, it's

427
00:19:15,440 --> 00:19:18,040
Speaker 2: going to work. It doesn't get your money back. I

428
00:19:18,040 --> 00:19:21,280
Speaker 2: think that's the thing. I can say. Fifteen percent off

429
00:19:21,320 --> 00:19:23,800
Speaker 2: all otor exit projects with the products with this fall

430
00:19:23,840 --> 00:19:27,480
Speaker 2: sale going on that ends November three, so fast approaching

431
00:19:27,480 --> 00:19:29,159
Speaker 2: that you order it from the website, you get to

432
00:19:29,200 --> 00:19:32,280
Speaker 2: fifteen percent discount. You order over twenty five dollars worth

433
00:19:32,280 --> 00:19:34,199
Speaker 2: of product, it gets delivered to you for free. You

434
00:19:34,320 --> 00:19:37,560
Speaker 2: order it on the website before earlier this afternoon, you're

435
00:19:37,560 --> 00:19:40,440
Speaker 2: going to get it tomorrow by all likelihood, or buy

436
00:19:40,480 --> 00:19:42,280
Speaker 2: it today. Use the search engine to figure out where

437
00:19:42,280 --> 00:19:45,200
Speaker 2: it's sold locally. That's easy to do. All at the website.

438
00:19:45,400 --> 00:19:48,640
Speaker 2: Od O r XIT Odor Exit dot Com. No E

439
00:19:49,200 --> 00:19:51,479
Speaker 2: manufacturer right here in the greater Cincinnati area more than

440
00:19:51,480 --> 00:19:54,639
Speaker 2: twenty five years. Great products, that's why they've been around

441
00:19:54,640 --> 00:19:59,400
Speaker 2: that long. Odor exit dot com, fifty five KRC dot com.

442
00:19:59,560 --> 00:20:01,000
Speaker 1: When you hear the word cancer,