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Speaker 1: This is America's Truck and Network with Kevin Gordon.

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Speaker 2: Welcome Forard, Thanks for tuning in on this Thursday morning.

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Speaker 2: Coming up later in the program, You're not gonna want

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Speaker 2: to miss this, especially if you have an inward facing

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Speaker 2: infrared driver monitoring cameras. I have a couple of gentlemen

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Speaker 2: that will be joining me, and if what we talked

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Speaker 2: about in setting up the interview, you were going to

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Speaker 2: want to know, you're gonna want to hear what they

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Speaker 2: have to say. But before we get to that, of course,

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Speaker 2: they'll be coming up later on. We got some economic

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Speaker 2: news that came out yesterday October. Construction spending was released

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Speaker 2: and new home pending home sales, and we'll get to

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Speaker 2: some of that, and if we don't, we'll just have

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Speaker 2: to get to it after we talk to our guests.

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Speaker 2: But it's as usual if you look at the individual stories,

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Speaker 2: and as I've mentioned this before, when I google a

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Speaker 2: subject matter, especially when it has to do with economic news,

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Speaker 2: and it's so important because you know, if the economy

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Speaker 2: is doing well, then people are buying more. You guys

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Speaker 2: are going to be shipping more, or people are going

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Speaker 2: to be shipping more. You're going to be driving more,

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Speaker 2: and you're going to be delivering more, and so keeping

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Speaker 2: up the information as far as what's going on in

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Speaker 2: the economy, because you're not going to get it from

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Speaker 2: the spoon fed regurgitators in the mainstream media. Like I said,

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Speaker 2: every time one of these stories comes up, I'll do

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Speaker 2: a Google search and they'll give you about four or

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Speaker 2: five stories and a cluster there that you can look at.

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Speaker 1: Now get this for instance. Okay, once again, and.

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Speaker 2: What what I've said before is that a lot of times,

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Speaker 2: a lot of younger people and a lot of people

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Speaker 2: that I've been talking to here recently, all they do

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Speaker 2: is search the headlines. They don't bother reading the story

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Speaker 2: to get the information within the story. And if you're

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Speaker 2: just reading the headlines, if you were to read the story,

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Speaker 2: you would be asking yourself why did they come up

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Speaker 2: or how did they come up with that headline? So

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Speaker 2: it's very misleading. So you're not going to get the

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Speaker 2: news just if you're going to read the headlines. October

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Speaker 2: construction spending is the topic now. According to Reuters, which

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Speaker 2: sometimes a little bit left of center, they actually had

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Speaker 2: a good headline US construction spending rebounds in October and

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Speaker 2: amid renovations.

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Speaker 1: A questionable.

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Speaker 2: Headline came from FX Street construction spending trended sideways in

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Speaker 2: September and October, and then a very misleading headline was

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Speaker 2: from an organization called ABC dot Org. It's not ABC News,

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Speaker 2: it's another organization news release ABC. Non Residential construction spending

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Speaker 2: remains stagnant. Okay, that's a little bit misleading in terms

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Speaker 2: of what the numbers actually are, so let's just get

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Speaker 2: into them. According to the Census Bureau Census Bureau, construction

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Speaker 2: spending increased more than expected in October, likely reflecting home

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Speaker 2: renovations with activity elsewhere week the Commerce Department. Census Bureau

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Speaker 2: said on Wednesday the construction spending rose point five percent

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Speaker 2: after falling point six percent in September. Economists polled by

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Speaker 2: Reuters had forecast construction spending gaining just one tenth of

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Speaker 2: one percent, so they missed their predictions their expert opinions

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Speaker 2: by now four hundred percent. Basically, they predicted point one

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Speaker 2: and it came in at point five. October spending dropped

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Speaker 2: one percent year on year in terms of comparing to

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Speaker 2: last October a year ago. October, the data was delayed

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Speaker 2: by the forty three day Schumer shutdown. Put this in

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Speaker 2: here and they said forty three day government shutdown, but

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Speaker 2: it was the humor shutdown. Spending on private construction press

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Speaker 2: projects increase zero point six percent in October after declining

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Speaker 2: point nine percent in September. Investment in residential construction shot

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Speaker 2: up one point three percent after slumping one point four

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Speaker 2: Now it appears through these numbers is that what you're

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Speaker 2: seeing is a peaks and valley. You have things going

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Speaker 2: down in one month but then picking up the following month.

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Speaker 2: And ever since the pandemic, we have had a jumbling

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Speaker 2: of economic news where you normally expect to see a

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Speaker 2: story come in in January or February. Sometimes that doesn't

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Speaker 2: come Whatever the development is doesn't happen until March. Sometimes

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Speaker 2: something you expect to see in March happens in January.

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Speaker 2: So what you need to do is look at the

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Speaker 2: entire year or a six month period of time to

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Speaker 2: see how things even out as opposed to just going well.

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Speaker 2: This month that's way down and the next month it's

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Speaker 2: way up, depending upon some of these constructions and the

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Speaker 2: actual construction spending. Let's see with both single family housing

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Speaker 2: projects falling the increase in residential outlays was likely because

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Speaker 2: of renovations. Home building has been hamstrung by higher mortgage rates,

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Speaker 2: more expensive building materials because of terraffs. And again when

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Speaker 2: you look into the numbers as far as the teriffs,

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Speaker 2: it's not that high compared to the overall price of

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Speaker 2: a home and some of the other construction expenses, because

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Speaker 2: they're not taking into consideration when they're talking about inflation,

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Speaker 2: they're not talking about and factoring in. And I don't

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Speaker 2: know why, well, I know why they want to make

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Speaker 2: it seem as though the tariffs are raising or raising inflation,

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Speaker 2: when the number that we had a couple of weeks ago,

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Speaker 2: that through all the analysis and everything, through the entire

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Speaker 2: year of twenty twenty five, the inflation rate was affected

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Speaker 2: by teriffs by one one half of one percentage point. Now,

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Speaker 2: the rest of that inflation two point seven two point

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Speaker 2: two percent of that inflation rate is something else, not

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Speaker 2: having to do with terraffs. It has to do with

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Speaker 2: rising prices, rising wages. Some of these contracts that have

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Speaker 2: been signed by dock workers, railroad union ups, drivers, auto workers,

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Speaker 2: all these different contracts that came about in twenty twenty three,

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Speaker 2: twenty four, and twenty twenty five are hitting now in

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Speaker 2: terms of what those expenses are. And in some cases

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Speaker 2: those contracts gave out about ten percent in terms of

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Speaker 2: what their wages were, so that's going to increase things. Now,

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Speaker 2: I mentioned that one headline news release ABC. Now this

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Speaker 2: is an organization in American Builders Conference or something like that.

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Speaker 2: Let me see, the Association of Builders and Contractors is

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Speaker 2: the name of the organization ABC. ABC's non residential construction

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Speaker 2: spending remains stagnant in October, and then they go through

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Speaker 2: the numbers, just like the other story and everything. But

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Speaker 2: then they had this chart the on the next page,

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Speaker 2: on the second page that kind of puts things into perspective. Okay,

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Speaker 2: back in twenty fifteen, the total number of projects and

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Speaker 2: the amount of money that was being spent was seven

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Speaker 2: hundred billion dollars. Seven hundred billion dollars in twenty fifteen.

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Speaker 2: In twenty twenty three, twenty twenty four, to twenty twenty five,

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Speaker 2: those numbers have been up at the and this is

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Speaker 2: all non residential spending is up. Let's see, total construction

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Speaker 2: spending is at two point one two point two trillion dollars,

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Speaker 2: So we're up from seven hundred billion to nearly two

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Speaker 2: billion dollars now as far as non residential that is,

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Speaker 2: let me you get the numbers right here. That was

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Speaker 2: down at seven hun hundred million dollars and now is

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Speaker 2: up around one one point two one point three trillion dollars.

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Speaker 2: So it's pretty much double since back in twenty fifteen,

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Speaker 2: and it has been at one point three trillion dollars

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Speaker 2: for the last three years, going up a little bit

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Speaker 2: in twenty twenty five.

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Speaker 1: But I would be I would feel a.

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Speaker 2: Lot better and I'm a lot happier with it being

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Speaker 2: stagnant at one point three trillion as opposed to down

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Speaker 2: there at seven hundred billion. So it's interesting when you

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Speaker 2: hear the word, oh, construction spending is stagnant, Well, that

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Speaker 2: means that things aren't going well. But if you're up

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Speaker 2: in the one point three one point four trillion dollars,

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Speaker 2: I would much rather be stagnant there than a lot

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Speaker 2: lower than that. Coming up, we've got, as I mentioned before,

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Speaker 2: we've got a couple of guests. We're going to be

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Speaker 2: talking about these inward facing infrared driver monitoring cameras. I'm

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Speaker 2: Kevin Gordon, America's truck in network seven hundred WLW seeing

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Speaker 2: infrared driver monitoring cameras have been in the news for

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Speaker 2: a number of years. Usually the opposition comes in the

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Speaker 2: form of invasion of privacy, big brother mentality, misuse of footage,

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Speaker 2: job security, et cetera, false positive stress, and legal concerns.

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Speaker 2: The proponents of this cite safety improvements such as reduced

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Speaker 2: distraction and fatigue, opposition, etc. My guests are both drivers

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Speaker 2: for UPS and they have a different term that they

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Speaker 2: are working on here, which is may it's even a

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Speaker 2: bigger concern. I'm much bigger concern, major health concerns regarding

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Speaker 2: inward facing infrared driver monitoring cameras. My guests Eric Johnson

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Speaker 2: and Mike Moxley joined me to talk about this issue.

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Speaker 2: Welcome to the program, gentlemen. Hey, I guess the first

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Speaker 2: question is how to did this arrive or how did

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Speaker 2: you guys get involved in this?

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Speaker 3: Actually, can don't mind there called answer that one. I

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Speaker 3: started a small podcast specifically for UPS drivers and package drivers.

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Speaker 3: I don't know if I'm allowed to say the name

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Speaker 3: of the show on yours, but I started this show

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Speaker 3: specifically to get information.

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Speaker 1: Out and find out, you know, all.

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Speaker 3: The violations and what everyone has been doing through the process.

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Speaker 1: All of a sudden, the cameras.

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Speaker 3: Started showing up in everybody's trucks, I mean chefs without notice.

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Speaker 1: I mean you just showed up near they were, and

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Speaker 1: everybody was like, what is this.

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Speaker 3: Well then they had a little meeting and you know,

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Speaker 3: one of my friends call at the double lot bathhouse,

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Speaker 3: which is basically a trailer, and that's that's where our

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Speaker 3: center is is for the feeder department. And they came

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Speaker 3: in and they were like, oh, this is the greatest

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Speaker 3: thing since slave spread. You know, you just this camera's

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Speaker 3: gonna protect you, It's gonna protect us.

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Speaker 1: It's awesome.

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Speaker 3: If you see something funny on the road, you have

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Speaker 3: this little blue blue button and it'll sit it directly

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Speaker 3: to your supervisor. You know, we'll have a great lass

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Speaker 3: about it. If you don't worry about it, you can

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Speaker 3: still eat, you can still drink, you know, you can

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Speaker 3: still do all the normal stuff into the tractor. Well,

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Speaker 3: as the months went on, all of a sudden, everyone

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Speaker 3: started getting pulled into the office and they started getting

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Speaker 3: in you know, talk to a harassed in a sense

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Speaker 3: about how people are driving. You're not you're stopping too quickly,

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Speaker 3: you're too close to a vehicle, you're you're running stop

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Speaker 3: signs that apparently aren't there, and you're speeding while going.

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Speaker 1: Down Highway ninety five.

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Speaker 3: As anyone knows, ninety five on on the East Coast,

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Speaker 3: the speed limit is seventy miles an hour.

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Speaker 1: The trucks are only topped at.

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Speaker 3: What sixty seven sixty eight miles an hour, and they're

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Speaker 3: telling us that we're speeding going down the.

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Speaker 1: Road, so they'll pull you in the office of do SuDS.

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Speaker 3: So I started actually having a podcasts specifically about what

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Speaker 3: these cameras were doing and the harassment that we were getting. Well,

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Speaker 3: then one day I received a it was either a

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Speaker 3: text or a call, and we'll call him hot Rod

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Speaker 3: because I don't know if he wants me to state

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Speaker 3: his name over this, but he got in comm intact

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Speaker 3: with me and put me in contact with with Eric,

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Speaker 3: which is sat Daddy uh, and we basically just started talking,

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Speaker 3: brought him on the show, and ever since then it's

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Speaker 3: it's it's like we're best friends and we've never met

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Speaker 3: into each other.

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Speaker 1: Face to face.

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Speaker 4: Would you say, Eric, no, yeah, yeah, no, that's that's

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Speaker 4: pretty accurate depiction on well, that is what happened.

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Speaker 2: But now this is as a result of the cameras

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Speaker 2: themselves and what I was mentioning in the beginning, invasion

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Speaker 2: of privacy and that type of thing.

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Speaker 1: But the point that.

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Speaker 2: We need to talk about here is what you guys

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Speaker 2: contacted me about, is these health concerns now, I mean,

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Speaker 2: regardless of the regardless of the invasion of privacy. The

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Speaker 2: I mean, I'm when I first started hearing about these,

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Speaker 2: my first reaction was, you know, either from a legislative

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Speaker 2: standpoint or from a company standpoint, I'll tell you what,

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Speaker 2: I'll make a deal with you.

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Speaker 1: You know, if I was a truck driver, say, I'll

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Speaker 1: make a deal with you.

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Speaker 2: Let's have an inward facing camera that follows you in

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Speaker 2: the office day, you know, every day when you're on

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Speaker 2: the clock, to see what you're doing on the job.

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Speaker 2: And congressmen and senators will do the same for you.

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Speaker 2: We'll just have a camera in your face twenty four

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Speaker 2: to seven and see what you're doing on a regular basis.

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Speaker 1: If you like that, then I'll accept this.

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Speaker 2: I mean, that's one of the things that I talk

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Speaker 2: about that it's just you know, they don't want it

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Speaker 2: on their end, but it's okay to put it on

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Speaker 2: you guys. So but now, aside from all that, we're

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Speaker 2: talking about possibly some major health concerns. And how did

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Speaker 2: you start talking about this or finding out about this item.

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Speaker 4: Well, that's that's how I got in touch with Mike

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Speaker 4: through a mutual friend of ours.

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Speaker 1: He called in. He was a listener of the show.

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Speaker 4: And he let Mike know that there was an individual

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Speaker 4: myself that had a different take on this.

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Speaker 1: There was a guy out of Salt.

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Speaker 4: Lake City that had told me that these cameras were

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Speaker 4: using infrared which are dangerous for your eyes, that could

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Speaker 4: cause retinal damage, that could cause early onset of cataracts

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Speaker 4: and some other issues. So I started looking into it,

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Speaker 4: and as I researched it, there was all sorts of information.

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Speaker 4: You had to dig for it a little bit, but

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Speaker 4: it was out there. And as we did for this information,

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Speaker 4: we found all kinds of troubling things with the infrared

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Speaker 4: over exposure and what the possible health effects could be,

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Speaker 4: you know. And so here's some of the things that

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Speaker 4: we found out with these devices. You know, these devices,

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Speaker 4: for the most part, a continuous IR exposure to drivers'

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Speaker 4: faces and eyes, and the AI technology is on your eyes,

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Speaker 4: your entire shift. So you know, we didn't know the

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Speaker 4: operating strength, we didn't know how danger it might be.

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Speaker 4: So myself and Mike we got together and we took

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Speaker 4: these cameras and we had them tested at Laboratory International

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Speaker 4: Lighting Technologies in Peabody, Massachusetts, and we found out the

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Speaker 4: operating strength it's eight hundred and sixty five nanometers to

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Speaker 4: nine hundred and forty nanometers top strength. And we also

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Speaker 4: got the irradiance on these, you know, the watts per

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Speaker 4: centimeter squared and the jewels on this the for the

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Speaker 4: dose and how strong it was, and we found out

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Speaker 4: you know, with all these different investigations, we.

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Speaker 1: Contacted Niosh, we contacted.

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Speaker 4: And did help, and Hazardous helped at evaluation report. And

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Speaker 4: from what they are telling me in the preliminary investigations

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Speaker 4: that you know, what they can discern is that sixty

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Speaker 4: to seventy hours a week for a career's time is

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Speaker 4: way over exposure for these type of devices to be

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Speaker 4: put on somebody. And they've been looking into this for

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Speaker 4: the past couple of years. I mean, our investigation has survived,

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Speaker 4: you know, them being defunded by DOGE and then the

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Speaker 4: last government shut down. Each time there's a big pause,

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Speaker 4: they have to get back to the most important cases

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Speaker 4: then to get around to ours.

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Speaker 1: And it's a real issue.

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Speaker 2: I mean, and listening. My guests are Eric Johnson and

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Speaker 2: Mike Moxley. I just want to make sure that people

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Speaker 2: know who I'm talking about, because again, but I didn't mean.

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Speaker 1: To touch you off there.

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Speaker 2: But I'm sure as you're talking about these different technical

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Speaker 2: terms that this is way beyond what you had expected

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Speaker 2: to find out and the digging that you've had to

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Speaker 2: do and the research that you've had to do to

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Speaker 2: come up with this information. I'm sure some of those

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Speaker 2: words before and so.

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Speaker 3: Oh yeah, I mean, Tina, how long it took us

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Speaker 3: to actually keep saying cocumentally to say it correctly because

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Speaker 3: we had to understand what that word was. Yes, you know,

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Speaker 3: because we we actually looked it up. But I want

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Speaker 3: everyone to understand one thing. When you're looking at an

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Speaker 3: inside camera, the thing is what you're seeing.

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Speaker 1: Is not what we're talking about. There's actually led.

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Speaker 3: Infrared light bulbs behind the black plastic. It's basically like

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Speaker 3: smoked glass, smoke plastic whatever, so you can't realistically see them,

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Speaker 3: and the only way to see them is at night,

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Speaker 3: and you have to use your camera because when you

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Speaker 3: use a camera, camera can actually pick up the infrared

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Speaker 3: light that is actually what is what is blasting at

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Speaker 3: you all night long and is causing all of these

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Speaker 3: health concerns. I mean, Eric can speak directly on himself

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Speaker 3: because you know, all of a sudden he just founds

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Speaker 3: you know.

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Speaker 1: Problems with his with his face. I'll allow him to

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Speaker 1: do that or speak on that.

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Speaker 3: But the other thing is is that Eric is finding

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Speaker 3: out throughout that there's more and more people coming uh

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Speaker 3: forward and stating the same thing like yeah, all of

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Speaker 3: a sudden, I have this.

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Speaker 1: Or all of a sudden, I have that. I mean,

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Speaker 1: the main the main causes this is this. Every driver

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Speaker 1: that out.

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Speaker 3: There right now that has a camera looking at them

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Speaker 3: in the cab right now, they need to pay attentions

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Speaker 3: to normal science because if you don't know what's actually happening,

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Speaker 3: you just talk it up.

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Speaker 1: For either old age or tired or whatever. Exactly.

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Speaker 3: The main causes are our I read in this eye irritation,

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Speaker 3: watering of the eyes. Right, so mostly drivers at night

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Speaker 3: they think that's all from being tired. Also can cause

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Speaker 3: you to be more tired because of the light that

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Speaker 3: is coming in because your eyes don't dilate, and I

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Speaker 3: can't remember the actual you know, the decal measurements. I'm

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Speaker 3: sure Rigby and that only said, yes, there, it is

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Speaker 3: all right. Well, is that your eyes can't they can't

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Speaker 3: blame you can't blink, you don't blink as much during

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Speaker 3: the day or squint your eyes.

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Speaker 2: We need to take quick break here, But I just

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Speaker 2: wanted to kind of set the stage that the fact

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Speaker 2: is is that you know, when they talk about in small.

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Speaker 1: Doses, low doses or whatever.

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Speaker 2: Just as a side note, my wife a couple of

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Speaker 2: years ago, five six, seven, eight years ago, decided we're

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Speaker 2: going to start eating a little bit more healthy and

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Speaker 2: started looking at some of these ingredients and food and

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Speaker 2: she says, oh, this particular you know, and it's an

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Speaker 2: alphabet soup and a BHD BT e H or whatever,

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Speaker 2: and she says, you know, in these doses, in small doses,

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Speaker 2: it's fine, but the fact that it's in soap, it's

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Speaker 2: in drinks, it's in cereal, it's in this food, this food,

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Speaker 2: this food, you're getting this in major you know, small

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Speaker 2: doses all day long with this Again, as they're saying

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Speaker 2: in some of the literature that I've read. Small doses

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Speaker 2: are fine, but when you're as you mentioned before, and

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Speaker 2: it's not to be overlooked sixty to seventy hours a week,

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Speaker 2: that's a big issue.

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Speaker 1: And we'll pick this up coming up.

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Speaker 2: My guests are Eric Johnson and Mike Boxley, both drivers

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Speaker 2: for ups talking about major health concerns regarding inward facing

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Speaker 2: infrared driver monitoring cameras. I'm Kevin Gordon, America's Trucking Network

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Speaker 2: seven hundred WLW.

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Speaker 5: Here's your trucking forecast for the Try State and the

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Speaker 5: rest of the country and the Try State. Overnight sky

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Speaker 5: is becoming mostly clear, the low down to twenty seven,

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Speaker 5: mostly Sunday Thursday highs in the mid thirties, mostly cloudy

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Speaker 5: Friday and colder a high of only twenty three. And

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Speaker 5: we're watching a potential winter storm Saturday into Sunday. Nationally

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Speaker 5: over the next few days, like effects snow will be

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Speaker 5: seen down one of the Great Lakes as a dangerous

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Speaker 5: cold Arctic air mass moves over the Great Plains and Midwest,

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Speaker 5: expanding into the eastern half of the US. Meanwhile, that

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Speaker 5: major winter storm will start impacting the Southern Plains and

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Speaker 5: lower Mississippi Valley Friday.

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Speaker 2: This is a constructing Network seven hundred WLW. I'm Kevin Gordon,

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Speaker 2: continuing our conversation with Eric Johnson and Mike Moxley. They

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Speaker 2: are both drivers for UPS and aside from and we're

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Speaker 2: talking about major health concerns regarding inward facing infrared driver

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Speaker 2: monitoring cameras. Aside from all the other issues regarding say,

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Speaker 2: you know, invasion of privacy in this this is probably

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Speaker 2: the biggest concern of everything, and as people get more

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Speaker 2: information about that, it's almost like a lot of people

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Speaker 2: are also being affected by Then again, welcome back to

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Speaker 2: the program.

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Speaker 1: Eric and Mike, Thanks so thank you.

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Speaker 2: Let's go down some of these major health concerns that

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Speaker 2: we're having and in terms of what you're talking about there, Eric.

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Speaker 4: Yes, well you know what we have going on right

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Speaker 4: now is we have a camera Concerns survey for these

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Speaker 4: infrared cameras and hopefully you have this link to all

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Speaker 4: of your social media sites.

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Speaker 1: How drivers out there.

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Speaker 4: You don't have to be in a union and if

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Speaker 4: if it says what local you're in, just put zero

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Speaker 4: or none if you decide to fill one out.

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Speaker 1: But this is the most helpful thing we can do.

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Speaker 4: NIOS the National Institute of Occupational Health and Safety told

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Speaker 4: me that they wanted to find out what people are

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Speaker 4: from experiencing in the field. And here's you know, some

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Speaker 4: of the things that they're experiencing. If there's an increase

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Speaker 4: of of of eye damage most prevalent or cataracts, worst

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Speaker 4: vision in the eye closest to the camera. Plus multiple

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Speaker 4: drivers are complaining about a loss of vision even after

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Speaker 4: Lasik surgery. And then cataract patients, you know, we have

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Speaker 4: our older drivers, they get cataract surgery and then they're

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Speaker 4: having a hard time healing. Well, that's because the first

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Speaker 4: thing a doctor would tell you is not not to

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Speaker 4: be out in direct sunlight. When they don't realize in

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Speaker 4: a dark cab at night, these UH this infrared wavelength

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Speaker 4: has the same type of damage and effect as the

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Speaker 4: sun does if you were out in it, and so

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Speaker 4: and then you know there's a whole other, you know,

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Speaker 4: a whole nother thing that you need to worry about.

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Speaker 4: And especially as a night driver, you're more susceptible of

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Speaker 4: this because your pupils are dilated to seven millimeters and

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Speaker 4: you're letting all of this UH infrared come in all

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Speaker 4: the way down to your retina, which once the damage

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Speaker 4: is done there, it's it's irreversible.

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Speaker 2: And unlike that week and unlike sunlight, when you're out

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Speaker 2: in the sun, your pupils get smaller and so at night.

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Speaker 4: Yeah, because of an aversion response, Yeah, this doesn't have well,

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Speaker 4: you know that was one of the hokey things with

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Speaker 4: this whole ie C six two four seven one. It's

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Speaker 4: a it's a manufacturer rubber stamp that they can have

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Speaker 4: these cameras in these trucks and and they they did

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Speaker 4: that as if that you were being hit with regular

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Speaker 4: sunlight like you're talking about, and you have an aversion response.

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Speaker 4: So if you have an aversion response, you could blink

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Speaker 4: your eyes, close your eyes, turn away, put on sunglasses,

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Speaker 4: a ball cap.

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Speaker 1: Put down your visors.

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Speaker 4: You know, you have farmers and people in agriculture, they

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Speaker 4: have a higher pensity to getting cataracts and all these

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Speaker 4: times of issues because you're out in the bright sun

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Speaker 4: all the time. But they can mitigate the damage. As

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Speaker 4: a driver at night is defenseless. I'm telling you you're defenseless.

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Speaker 2: I just wanted I didn't want to detect it. I

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Speaker 2: didn't want to steal your role there, but I thought,

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Speaker 2: you know, if you can very important.

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Speaker 1: I'm glad you did. Okay, I'm continuing to ye.

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Speaker 4: And then the other thing, the other thing that is

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Speaker 4: super important with all of this is the photosensitivity part

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Speaker 4: of it.

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Speaker 1: There's people that are just born genetically.

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Speaker 4: They're usually fair skin, they burn easy, they got light

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Speaker 4: color eyes.

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Speaker 1: Well, there's a reason for that. It's a science.

437
00:23:32,359 --> 00:23:34,840
Speaker 4: You have less melanin in your skin, so you can't

438
00:23:34,880 --> 00:23:38,320
Speaker 4: deflect a lot of these farmful rays. That being true,

439
00:23:38,520 --> 00:23:42,080
Speaker 4: it's as just as true with infrared. So the problem

440
00:23:42,160 --> 00:23:44,000
Speaker 4: is is you're end up being more sensitive to this

441
00:23:44,000 --> 00:23:44,919
Speaker 4: stuff genetically.

442
00:23:45,119 --> 00:23:46,360
Speaker 1: But then there's medications.

443
00:23:46,520 --> 00:23:49,200
Speaker 4: There's one hundred and thirty six different medications that pop

444
00:23:49,240 --> 00:23:54,600
Speaker 4: off the charts having adverse side effects with infrared, and

445
00:23:54,640 --> 00:23:58,200
Speaker 4: it's everything from birth control pills, to heart medicine, to

446
00:23:58,440 --> 00:24:03,480
Speaker 4: high blood pressure medicine, to iddes medicine to actually ivuprofen

447
00:24:03,560 --> 00:24:05,680
Speaker 4: or aspirin. So say you're on about four or five

448
00:24:05,720 --> 00:24:07,439
Speaker 4: six the leaves and you're in a truck because your

449
00:24:07,480 --> 00:24:10,040
Speaker 4: back's hurting, and then you turn around and you.

450
00:24:10,040 --> 00:24:10,800
Speaker 1: Have a bad day.

451
00:24:11,000 --> 00:24:14,720
Speaker 4: You have a you know, migraine headache, You have some

452
00:24:14,880 --> 00:24:18,679
Speaker 4: issues where you have pain in your eyes, It causes

453
00:24:18,720 --> 00:24:21,520
Speaker 4: all sorts of detrimental side effects that aren't very conducid

454
00:24:21,520 --> 00:24:24,000
Speaker 4: to the driving. And all of this that Mike and

455
00:24:24,000 --> 00:24:26,480
Speaker 4: I are talking about is already in the literature, the

456
00:24:26,560 --> 00:24:29,800
Speaker 4: manufacturing literature, and IEC six two four seven one says

457
00:24:29,960 --> 00:24:32,600
Speaker 4: photosensitivity individuals, they shouldn't be around this.

458
00:24:32,600 --> 00:24:33,320
Speaker 1: Type of product.

459
00:24:33,600 --> 00:24:36,400
Speaker 4: There's no exposure time limits and if they have these

460
00:24:36,440 --> 00:24:40,200
Speaker 4: type of issues, it could be very damaging. And you know, frankly,

461
00:24:40,280 --> 00:24:42,800
Speaker 4: you know we're doing work that has already been done

462
00:24:42,960 --> 00:24:45,880
Speaker 4: in the European Union. If you look at the European Directive,

463
00:24:46,200 --> 00:24:50,280
Speaker 4: they already have addressed this issue and they have a

464
00:24:50,280 --> 00:24:52,639
Speaker 4: whole protocol where they would never let this type of

465
00:24:52,920 --> 00:24:56,119
Speaker 4: device be in a truck and exposed for a sixty

466
00:24:56,200 --> 00:24:58,640
Speaker 4: seventy hours in a work week. And if anybody did

467
00:24:58,640 --> 00:25:00,399
Speaker 4: have any issues with it, if they were try to

468
00:25:00,440 --> 00:25:03,120
Speaker 4: put it in, it'd be the odious, would be put

469
00:25:03,160 --> 00:25:07,680
Speaker 4: on the company to examine the cameras, examine the drivers.

470
00:25:07,720 --> 00:25:10,280
Speaker 4: They would get medical waivers if they were photosensitive.

471
00:25:10,440 --> 00:25:11,760
Speaker 1: We have none of that exists.

472
00:25:11,760 --> 00:25:13,920
Speaker 4: But the good news is with the work that Mike

473
00:25:13,960 --> 00:25:17,440
Speaker 4: and I are doing and through the fearlessly that we're

474
00:25:18,040 --> 00:25:20,520
Speaker 4: with that helped us get this camera survey out, and

475
00:25:20,560 --> 00:25:23,080
Speaker 4: it's helping us to help drivers both, you know, in

476
00:25:23,080 --> 00:25:24,200
Speaker 4: the whole industry, both.

477
00:25:24,000 --> 00:25:25,119
Speaker 1: The union and non union.

478
00:25:26,119 --> 00:25:28,680
Speaker 4: NIOSH is looking at this information when they fill out

479
00:25:28,720 --> 00:25:30,040
Speaker 4: these camera surveys.

480
00:25:30,040 --> 00:25:31,119
Speaker 1: Don't worry about your information.

481
00:25:31,160 --> 00:25:33,760
Speaker 4: Nobody's going to get it except for me and for NIOSH,

482
00:25:33,800 --> 00:25:35,800
Speaker 4: and they're going to take that information and put it

483
00:25:35,840 --> 00:25:38,639
Speaker 4: into consideration when they write an evaluation, which is about

484
00:25:38,640 --> 00:25:42,239
Speaker 4: to happen probably about later than the spring, and then

485
00:25:42,280 --> 00:25:44,000
Speaker 4: they're going to take that recommendation and give it to

486
00:25:44,040 --> 00:25:47,080
Speaker 4: OSHA to hopefully make it law. They already feel that

487
00:25:47,119 --> 00:25:49,479
Speaker 4: we're being over exposed. They've told me that much verbally.

488
00:25:50,320 --> 00:25:53,000
Speaker 2: My guess are Eric Johnson and Mike Moxley. So people

489
00:25:53,119 --> 00:25:55,800
Speaker 2: know who we're talking about. So I could continue on.

490
00:25:55,880 --> 00:25:57,440
Speaker 2: I'm sorry, Oh no, that's fine.

491
00:25:57,520 --> 00:25:57,720
Speaker 1: Yeah.

492
00:25:57,760 --> 00:26:00,640
Speaker 4: So what they're going to do is is good. They're

493
00:26:00,640 --> 00:26:02,480
Speaker 4: going to write that evaluation, then they're going to hand

494
00:26:02,480 --> 00:26:05,280
Speaker 4: it off the OSHA to put that into regular laws

495
00:26:05,400 --> 00:26:08,720
Speaker 4: and regulations for us. And so the best thing that

496
00:26:08,800 --> 00:26:10,800
Speaker 4: every driver can do is see if they're having any

497
00:26:10,880 --> 00:26:13,000
Speaker 4: type of issues with this or irritation or.

498
00:26:12,920 --> 00:26:14,119
Speaker 1: Headaches or migraines.

499
00:26:14,280 --> 00:26:16,160
Speaker 4: And here's the crazy thing, Mike and I that will

500
00:26:16,160 --> 00:26:19,480
Speaker 4: never meet any of these people, But we've got several

501
00:26:19,600 --> 00:26:21,600
Speaker 4: hundred surveys already filled out, and.

502
00:26:21,600 --> 00:26:23,160
Speaker 1: Everybody has the same issue.

503
00:26:23,480 --> 00:26:26,280
Speaker 4: And when you see something like that, that's real science,

504
00:26:26,320 --> 00:26:29,840
Speaker 4: that's that's real life. You know, things that are happening

505
00:26:29,840 --> 00:26:32,440
Speaker 4: to people, and it has to be taken into account

506
00:26:32,600 --> 00:26:36,120
Speaker 4: and hopefully we can do a lot of good here

507
00:26:36,280 --> 00:26:39,520
Speaker 4: in helping address this issue. You get this information in,

508
00:26:39,560 --> 00:26:41,679
Speaker 4: we are going to share it back with you, Kevin,

509
00:26:41,960 --> 00:26:43,360
Speaker 4: so you could get it out there to the rest

510
00:26:43,400 --> 00:26:45,840
Speaker 4: of your listeners and let them definitely what they could

511
00:26:45,840 --> 00:26:47,920
Speaker 4: do to get this thing pulled out of the trucks.

512
00:26:47,600 --> 00:26:49,440
Speaker 1: And in their workplace.

513
00:26:49,480 --> 00:26:51,160
Speaker 4: And if they ever want to reach out to Mike

514
00:26:51,240 --> 00:26:54,960
Speaker 4: and I for any follow up questions or concerns, they

515
00:26:55,000 --> 00:26:56,800
Speaker 4: most certainly can, because you.

516
00:26:56,760 --> 00:26:58,320
Speaker 1: Know, we're not making any money on this.

517
00:26:58,600 --> 00:27:02,560
Speaker 4: We're losing a bunch, aren't we might we've already.

518
00:27:03,520 --> 00:27:04,240
Speaker 1: I would say that the.

519
00:27:04,280 --> 00:27:07,600
Speaker 4: Union wouldn't help us out, and ups wouldn't.

520
00:27:07,240 --> 00:27:09,720
Speaker 1: Help us out. I don't jump into the contra.

521
00:27:12,520 --> 00:27:14,679
Speaker 6: I would just say this, no, no, I would just

522
00:27:14,680 --> 00:27:17,520
Speaker 6: say this because we've done a lot of research and

523
00:27:17,560 --> 00:27:20,120
Speaker 6: we put this on the show, and not to disrestract hers,

524
00:27:20,640 --> 00:27:23,479
Speaker 6: I've actually listened to the show many nights when I've

525
00:27:23,520 --> 00:27:24,760
Speaker 6: been out there, uh.

526
00:27:24,640 --> 00:27:27,280
Speaker 3: Specifically driving down the road at like you know, midnight,

527
00:27:27,400 --> 00:27:29,240
Speaker 3: and no one's out on the road and you're trying

528
00:27:29,240 --> 00:27:31,359
Speaker 3: to stay away. So I do appreciate you that you

529
00:27:31,400 --> 00:27:33,400
Speaker 3: guys have your show out there for us truck drivers

530
00:27:33,440 --> 00:27:35,840
Speaker 3: that are trying to stay away at night. But I

531
00:27:35,880 --> 00:27:37,840
Speaker 3: would point them to a direction if you don't mind,

532
00:27:37,880 --> 00:27:40,479
Speaker 3: I would point them to the direction of our shows

533
00:27:40,480 --> 00:27:42,720
Speaker 3: called Union Shop Talk. And if they don't want to

534
00:27:42,760 --> 00:27:44,120
Speaker 3: go through and they don't want to listen to any

535
00:27:44,160 --> 00:27:45,600
Speaker 3: of the other stuff that we have, because we've got

536
00:27:45,600 --> 00:27:47,919
Speaker 3: a lot of shows out there, look specifically for the

537
00:27:47,960 --> 00:27:50,160
Speaker 3: ones that are named camera. We got one that says

538
00:27:50,240 --> 00:27:53,040
Speaker 3: camera one point oh, camera two point oh, and it

539
00:27:53,160 --> 00:27:58,320
Speaker 3: specifically gives all information directly towards what these cameras are,

540
00:27:58,440 --> 00:28:01,959
Speaker 3: what they can do, and pretty much how bad they

541
00:28:02,000 --> 00:28:04,399
Speaker 3: are for you. And this is non stuff that we

542
00:28:04,520 --> 00:28:07,000
Speaker 3: just made up. We actually did the research. We paid

543
00:28:07,400 --> 00:28:10,119
Speaker 3: Right now, I think you know the rank and file members,

544
00:28:10,119 --> 00:28:12,040
Speaker 3: and I'll say this and I'm not going to pinpoint

545
00:28:12,040 --> 00:28:14,159
Speaker 3: out who put more money out there, but rank and

546
00:28:14,240 --> 00:28:17,359
Speaker 3: file members right now put eight thousand dollars together to

547
00:28:17,480 --> 00:28:20,360
Speaker 3: have these cameras tested, to buy the cameras and to send.

548
00:28:20,119 --> 00:28:21,800
Speaker 1: Them to this laboratory to actually test.

549
00:28:21,840 --> 00:28:24,720
Speaker 3: And so we as rank and file members, we did this.

550
00:28:25,200 --> 00:28:27,680
Speaker 3: So the show is actually just called Union Shot Talk.

551
00:28:27,720 --> 00:28:30,960
Speaker 3: It's on all platforms and they don't have to listen

552
00:28:31,040 --> 00:28:31,760
Speaker 3: to all the episodes.

553
00:28:31,800 --> 00:28:33,160
Speaker 1: They just look for the ones that say.

554
00:28:33,040 --> 00:28:36,640
Speaker 3: Camera on it and it literally will in detail give

555
00:28:36,680 --> 00:28:39,440
Speaker 3: you all the information so that that way that everyone

556
00:28:39,480 --> 00:28:42,000
Speaker 3: can understand because I know that we cannot sit everything

557
00:28:42,040 --> 00:28:44,560
Speaker 3: on just one show with you, and I do appreciate

558
00:28:44,560 --> 00:28:47,280
Speaker 3: you giving us the time to actually, you know, let

559
00:28:47,320 --> 00:28:50,920
Speaker 3: everyone hear us, because you know this is important, this

560
00:28:51,080 --> 00:28:53,040
Speaker 3: is extremely important.

561
00:28:52,440 --> 00:28:55,280
Speaker 2: We only got about thirty seconds. We only got about

562
00:28:55,320 --> 00:28:58,840
Speaker 2: thirty seconds here, but quickly, I mean, this is Alish

563
00:28:58,920 --> 00:29:02,000
Speaker 2: Eric Heavian something. This is something that needs to be

564
00:29:02,080 --> 00:29:04,719
Speaker 2: talked about, and this is something that needs to be

565
00:29:04,760 --> 00:29:07,520
Speaker 2: presented to people so that they know about this and

566
00:29:08,080 --> 00:29:12,000
Speaker 2: make more of the awareness. The link to this survey,

567
00:29:12,320 --> 00:29:14,200
Speaker 2: how do they get the link to that survey?

568
00:29:14,640 --> 00:29:18,200
Speaker 4: Well, if you don't have one or I sent you

569
00:29:18,480 --> 00:29:20,840
Speaker 4: one via text the other day that you could throw

570
00:29:20,920 --> 00:29:22,440
Speaker 4: up on your social media space.

571
00:29:22,520 --> 00:29:24,280
Speaker 1: Okay, but if they if they want to go to.

572
00:29:24,240 --> 00:29:28,760
Speaker 4: It directly, they could go to d dash fearless dot

573
00:29:28,840 --> 00:29:33,760
Speaker 4: org and you'll find the infrared camera survey on our

574
00:29:34,000 --> 00:29:34,760
Speaker 4: web page there.

575
00:29:35,080 --> 00:29:36,280
Speaker 1: Okay, very good.

576
00:29:36,400 --> 00:29:40,000
Speaker 2: Well, gentlemen, it's been a pleasure talking to you, and

577
00:29:40,040 --> 00:29:43,920
Speaker 2: I hope you know again, this is grassroots at its finest.

578
00:29:44,200 --> 00:29:46,160
Speaker 1: This is how these things happen.

579
00:29:46,520 --> 00:29:50,720
Speaker 2: They happen generically, and then as you mentioned, people contribute

580
00:29:50,760 --> 00:29:54,080
Speaker 2: eight thousand dollars because this is something that's important to them,

581
00:29:54,280 --> 00:29:56,640
Speaker 2: and that's how you get the ball rolling. It's not

582
00:29:56,760 --> 00:29:59,040
Speaker 2: just you know, sitting back and saying, Okay, you know,

583
00:29:59,080 --> 00:30:02,640
Speaker 2: I'm just having problems and I'm dealing with this seems

584
00:30:02,640 --> 00:30:05,000
Speaker 2: to be something you guys are heading. It seems to

585
00:30:05,040 --> 00:30:06,680
Speaker 2: me that you're heading in the right direction on this.

586
00:30:08,440 --> 00:30:10,360
Speaker 2: I want to wish you all the best again. My

587
00:30:10,440 --> 00:30:14,280
Speaker 2: guests been Eric Johnson and Mike Moxley, both ups drivers.

588
00:30:14,520 --> 00:30:19,400
Speaker 2: I'm Kevin Gordon, America's truck and Network seven hundred WLW.

589
00:30:20,440 --> 00:30:24,200
Speaker 2: Is America's Trucking Network seven hundred WLW. I'm Kevin Gork

590
00:30:24,520 --> 00:30:27,840
Speaker 2: My thanks to Eric Johnson and Mike Moxley for spending

591
00:30:27,840 --> 00:30:31,600
Speaker 2: time with us talking about this inward facing infrared driver

592
00:30:31,920 --> 00:30:36,000
Speaker 2: monitoring cameras. It'll be interesting to see when all of

593
00:30:36,040 --> 00:30:38,640
Speaker 2: the science and all of the testing is done with

594
00:30:38,720 --> 00:30:41,640
Speaker 2: these different laboratories that they were talking about and some

595
00:30:41,720 --> 00:30:43,680
Speaker 2: of the things that they told me about off air,

596
00:30:44,000 --> 00:30:46,360
Speaker 2: that once these things are done and they actually get

597
00:30:46,360 --> 00:30:48,760
Speaker 2: the reports, So it'll be interesting to see what happens

598
00:30:49,000 --> 00:30:54,520
Speaker 2: as far as some movement or actually some regulations that

599
00:30:54,720 --> 00:30:57,240
Speaker 2: have to come into play will possibly come into place.

600
00:30:57,320 --> 00:31:00,680
Speaker 2: So we'll be following this very closely, because again, when

601
00:31:00,680 --> 00:31:03,160
Speaker 2: you're talking about medical issues and when you're trying we're

602
00:31:03,160 --> 00:31:05,960
Speaker 2: not just talking about privacy issues here, we're now talking

603
00:31:05,960 --> 00:31:09,240
Speaker 2: about something in serious medical issues as a result of

604
00:31:09,240 --> 00:31:12,960
Speaker 2: this potential depending upon how these testing comes out. But

605
00:31:13,560 --> 00:31:17,840
Speaker 2: you know, when you see and hear certain things happening

606
00:31:18,280 --> 00:31:21,479
Speaker 2: and on a regular basis and with a number of people,

607
00:31:21,800 --> 00:31:26,880
Speaker 2: you know, it's anecdotal evidence until a lot of anecdotal

608
00:31:26,920 --> 00:31:31,200
Speaker 2: evidence adds up to an actual progression or to an

609
00:31:31,240 --> 00:31:34,560
Speaker 2: actual finding. So it's going to be interesting to see

610
00:31:34,560 --> 00:31:37,240
Speaker 2: how that pans out, and of course we will be

611
00:31:37,320 --> 00:31:41,120
Speaker 2: following that closely. We're talking about some spending and some

612
00:31:41,160 --> 00:31:43,640
Speaker 2: construction depending. By the way, if you miss that segment

613
00:31:43,880 --> 00:31:45,800
Speaker 2: or missed any of our shows, make sure you hit

614
00:31:45,880 --> 00:31:49,200
Speaker 2: up that iHeartRadio app and all of us shows right there,

615
00:31:49,360 --> 00:31:51,479
Speaker 2: brought to you by our friends at Rush Truck Centers.

616
00:31:51,720 --> 00:31:58,880
Speaker 2: We talked about October spending, construction spending, and another report

617
00:31:58,960 --> 00:32:02,640
Speaker 2: came out yesterday on pending home sales, which is kind

618
00:32:02,640 --> 00:32:06,840
Speaker 2: of interesting again looking at the different headlines, looking at

619
00:32:06,840 --> 00:32:10,320
Speaker 2: how the spoon fedter regurgitators in the mainstream media kind

620
00:32:10,360 --> 00:32:14,360
Speaker 2: of taint things depending upon what news organization you have,

621
00:32:16,320 --> 00:32:19,760
Speaker 2: whatever they are talking about. Like I said, it's very

622
00:32:19,800 --> 00:32:24,400
Speaker 2: interesting to look at the cluster of stories when you check,

623
00:32:25,560 --> 00:32:28,640
Speaker 2: when you check with Google and they actually give you

624
00:32:29,000 --> 00:32:32,240
Speaker 2: a set of stories. When you look at the individual

625
00:32:32,280 --> 00:32:37,160
Speaker 2: headlines and compare one news organization to another basically covering

626
00:32:37,200 --> 00:32:40,960
Speaker 2: the same story with totally different outcomes and a bunch

627
00:32:41,000 --> 00:32:43,600
Speaker 2: of different headlines. And like I said, as we pointed

628
00:32:43,600 --> 00:32:47,040
Speaker 2: out in the past on several times, several issues, if

629
00:32:47,040 --> 00:32:49,000
Speaker 2: you read just read the headline, you're not going to

630
00:32:49,040 --> 00:32:51,520
Speaker 2: get the full story. Because a lot of times we'll

631
00:32:51,520 --> 00:32:54,000
Speaker 2: read the story, we'll talk about the story, point out

632
00:32:54,000 --> 00:32:57,680
Speaker 2: the information in the story and leaves me wondering, like,

633
00:32:57,800 --> 00:33:01,200
Speaker 2: where the hell they get that headline again? Penning home

634
00:33:01,240 --> 00:33:07,200
Speaker 2: sales Now CNBC had a kind of a questionable headline,

635
00:33:07,360 --> 00:33:11,880
Speaker 2: Pending home sales drop sharply in December, dampening twenty twenty

636
00:33:11,960 --> 00:33:17,320
Speaker 2: six outlook. According to bloomberg US, Penning home sales plunged

637
00:33:17,680 --> 00:33:22,320
Speaker 2: the most since the start of the pandemic. And then

638
00:33:22,480 --> 00:33:26,120
Speaker 2: the National Association of Realtors, which when you're talking to

639
00:33:26,320 --> 00:33:31,280
Speaker 2: the trade organization that handles this, they know the peaks

640
00:33:31,280 --> 00:33:34,880
Speaker 2: and valleys, they know their business, they know what these

641
00:33:34,920 --> 00:33:38,040
Speaker 2: stories have been and what the trends are over the

642
00:33:38,120 --> 00:33:41,800
Speaker 2: years and within the particular year because they are the

643
00:33:41,800 --> 00:33:45,400
Speaker 2: ones that are involved in this. The National Association of

644
00:33:45,480 --> 00:33:50,320
Speaker 2: Realtors NAR Penning home sales report shows nine point three

645
00:33:51,360 --> 00:33:55,640
Speaker 2: percent decrease in December. It's all straight up headline, not

646
00:33:55,760 --> 00:33:58,600
Speaker 2: any of this. Well, it plunges the most since the pandemic,

647
00:33:59,200 --> 00:34:02,600
Speaker 2: or as they say, the plan pandemic. I call it

648
00:34:02,640 --> 00:34:05,080
Speaker 2: the plandemic. Well, let's get into some of the numbers

649
00:34:05,120 --> 00:34:08,360
Speaker 2: here and again when you look at the story and

650
00:34:08,400 --> 00:34:14,040
Speaker 2: it says plunges the most since pre plandemic or pandemic.

651
00:34:14,120 --> 00:34:17,000
Speaker 1: Rather, if you talk about a nine.

652
00:34:16,840 --> 00:34:23,399
Speaker 2: Percent decrease when sales are extremely high versus a nine

653
00:34:23,520 --> 00:34:27,520
Speaker 2: percent decrease when sales are low, there's a big difference,

654
00:34:28,120 --> 00:34:32,480
Speaker 2: and so it makes more sense in terms of the

655
00:34:32,920 --> 00:34:38,200
Speaker 2: dollar amount as opposed sometimes to just the percentage. Looking

656
00:34:38,239 --> 00:34:42,240
Speaker 2: at the let's see this is the Bloomberg headline. Penning

657
00:34:42,280 --> 00:34:44,520
Speaker 2: home sales plunged by the most since the start of

658
00:34:44,560 --> 00:34:48,360
Speaker 2: the pandemic. Pending home sales us existing homes fell in

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00:34:48,400 --> 00:34:51,919
Speaker 2: December by the most since April of twenty twenty, an

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00:34:52,000 --> 00:34:55,600
Speaker 2: unusually large drop after the housing market appeared to be

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00:34:55,680 --> 00:35:00,000
Speaker 2: gaining some momentum. An index of contract signings decrease nine

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00:35:00,040 --> 00:35:03,560
Speaker 2: ze point three percent to seventy one point eight percent

663
00:35:04,000 --> 00:35:07,560
Speaker 2: seventy one point eight last month, according to the data

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00:35:07,719 --> 00:35:10,640
Speaker 2: released Wednesday by the National Association of Realtors.

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00:35:10,920 --> 00:35:12,920
Speaker 1: The decline was regionally broad.

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00:35:12,920 --> 00:35:17,839
Speaker 2: And well below the lowest estimates in Bloomberg Survey of Economics.

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00:35:18,840 --> 00:35:22,280
Speaker 2: Housing activity typically slows in the winter months and picks

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00:35:22,360 --> 00:35:24,120
Speaker 2: up in the spring selling season.

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00:35:24,480 --> 00:35:29,360
Speaker 1: Now, while the NRO adjusts for the data as far far.

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00:35:29,200 --> 00:35:34,880
Speaker 2: As patent as funny, as far as patterns are concerned.

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00:35:35,440 --> 00:35:39,840
Speaker 2: They take into consideration everything because they are the closest

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00:35:39,920 --> 00:35:43,360
Speaker 2: to the numbers, because they deal with it on a

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00:35:43,480 --> 00:35:47,560
Speaker 2: day to day basis. News agencies are just dealing with

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00:35:47,600 --> 00:35:50,800
Speaker 2: the headlines as they come out, and so the National

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00:35:50,840 --> 00:35:54,480
Speaker 2: Associate of Association of Realtors, if they're not in a

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00:35:54,560 --> 00:35:57,680
Speaker 2: panic over the numbers, you know that they know something

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00:35:57,920 --> 00:36:01,040
Speaker 2: that the other news organizations don't, and that's why it's

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00:36:01,120 --> 00:36:03,200
Speaker 2: kind of best to go to the source sometimes. On

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00:36:03,320 --> 00:36:07,759
Speaker 2: that Pending home sales, CNBC said drops sharply in a December.

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00:36:08,160 --> 00:36:15,040
Speaker 2: Stagnant mortgage rates, falling housing supply, and ongoing economic uncertainty

681
00:36:15,239 --> 00:36:18,720
Speaker 2: weighed heavily on the home buyers in December. Pending home sales,

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00:36:18,760 --> 00:36:22,319
Speaker 2: a measure of sign contracts on existing homes, dropped nine

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00:36:22,360 --> 00:36:25,600
Speaker 2: point three percent last month from November. According to the

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00:36:25,680 --> 00:36:29,560
Speaker 2: National Association Realtors analysts, we're expecting.

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00:36:29,160 --> 00:36:30,840
Speaker 1: A slight gain.

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00:36:31,480 --> 00:36:34,840
Speaker 2: Sales were down three percent lower than December of twenty

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00:36:34,920 --> 00:36:38,680
Speaker 2: twenty four. So when you're talking about a significant drop,

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00:36:39,200 --> 00:36:43,360
Speaker 2: anything over a five percent is generally considered a significant drop.

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00:36:43,880 --> 00:36:47,400
Speaker 2: So if you're comparing December to December and it drops

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00:36:47,440 --> 00:36:52,280
Speaker 2: three percent, yes it's three percent and it is a number,

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00:36:52,640 --> 00:36:57,840
Speaker 2: and it is dollar amounts, but three percent in terms

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00:36:57,880 --> 00:37:03,680
Speaker 2: of a significant number, if it is well in the

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00:37:03,880 --> 00:37:08,520
Speaker 2: area of significance, a three percent drop is not that

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00:37:09,200 --> 00:37:12,279
Speaker 2: is not that large. But again it is you know,

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00:37:12,320 --> 00:37:14,840
Speaker 2: we're talking about dollars and cents, but it's not a

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00:37:14,920 --> 00:37:18,400
Speaker 2: drastic drop like you're in a correction territory or the

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00:37:18,440 --> 00:37:22,319
Speaker 2: bottom has fallen out of the housing market. According to

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00:37:22,400 --> 00:37:26,320
Speaker 2: Lawrence Youwn, a chief economist for the Real for National

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00:37:26,320 --> 00:37:29,719
Speaker 2: Associated Realtors, the housing sector is not out of the

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00:37:29,719 --> 00:37:30,560
Speaker 2: woods yet.

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00:37:30,880 --> 00:37:32,640
Speaker 1: Sales fell months to month on.

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00:37:32,600 --> 00:37:35,880
Speaker 2: All regions of the US, and we're higher annually only

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00:37:36,000 --> 00:37:39,360
Speaker 2: in the South. Homes also stayed on the market longer

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00:37:39,360 --> 00:37:42,880
Speaker 2: in December, as an average of thirty nine days compared

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00:37:42,920 --> 00:37:46,040
Speaker 2: with thirty five days in December of twenty twenty four.

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00:37:47,080 --> 00:37:51,240
Speaker 2: What is interesting is that with what we are seeing

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00:37:51,440 --> 00:37:56,160
Speaker 2: as far as interest rates, interest rates still are high

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00:37:56,200 --> 00:37:59,719
Speaker 2: and during the period of time this survey or the

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00:38:00,040 --> 00:38:04,440
Speaker 2: numbers that were gathered are before that process that Trump

710
00:38:04,520 --> 00:38:09,040
Speaker 2: did in terms of buying the mortgage backed securities and

711
00:38:09,760 --> 00:38:12,600
Speaker 2: pumping up the market there which dropped the interest rates

712
00:38:12,840 --> 00:38:17,400
Speaker 2: by anywhere from point two to point three percent and

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00:38:17,480 --> 00:38:23,240
Speaker 2: started seeing an uptick in housing start well, people actually

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00:38:23,480 --> 00:38:24,960
Speaker 2: going to look at homes.

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00:38:25,280 --> 00:38:26,439
Speaker 1: That number was up.

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00:38:26,640 --> 00:38:30,279
Speaker 2: But these numbers reflect before the interest rates went down.

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00:38:30,800 --> 00:38:34,719
Speaker 2: And it's interesting that they talk about there and they

718
00:38:34,719 --> 00:38:37,959
Speaker 2: put things into perspective here at the end mortgage rates

719
00:38:38,000 --> 00:38:41,319
Speaker 2: in December when these deals were inked.

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00:38:41,320 --> 00:38:43,240
Speaker 1: Barely moved at all.

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00:38:43,680 --> 00:38:47,239
Speaker 2: The average rate of popular thirty year fixed mortgage was

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00:38:47,280 --> 00:38:50,759
Speaker 2: around six point twenty five percent. Again, that is prior

723
00:38:50,840 --> 00:38:56,400
Speaker 2: to Trump and the Treasury buying these Morgi mortgage backed securities,

724
00:38:56,560 --> 00:38:59,440
Speaker 2: which dropped that number down to about five point nine

725
00:39:00,120 --> 00:39:03,319
Speaker 2: so actually dip the number of the interest rate down

726
00:39:03,360 --> 00:39:04,360
Speaker 2: below six percent.

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00:39:05,760 --> 00:39:07,239
Speaker 1: Let me see, let's see.

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00:39:07,280 --> 00:39:10,440
Speaker 2: According to the news Mortgage News Daily, there were just

729
00:39:10,560 --> 00:39:13,560
Speaker 2: one point one eight million homes on the market in December,

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00:39:13,920 --> 00:39:17,800
Speaker 2: down nine percent from November and matching the lowest inventory

731
00:39:17,840 --> 00:39:22,160
Speaker 2: since twenty twenty five. Inventory was up twelve percent from

732
00:39:22,200 --> 00:39:26,640
Speaker 2: a year ago, but that is off an extremely low amount. Now,

733
00:39:26,840 --> 00:39:31,320
Speaker 2: this kind of puts things into perspective. Consumers prefer seeing

734
00:39:31,400 --> 00:39:35,520
Speaker 2: abundant inventory before making a major decision of purchasing a home,

735
00:39:36,120 --> 00:39:40,440
Speaker 2: so decline in depending home sales could be the result

736
00:39:40,640 --> 00:39:45,000
Speaker 2: of dampened consumer enthusiasm about buying a home where there

737
00:39:45,040 --> 00:39:48,439
Speaker 2: are no there are fewer options than what they would

738
00:39:48,480 --> 00:39:52,279
Speaker 2: have expected out there. And with mortgage rates coming down,

739
00:39:52,560 --> 00:39:55,680
Speaker 2: we should see a little jump in that coming up.

740
00:39:55,760 --> 00:39:59,360
Speaker 2: So again, getting the fed off their butts, lying Jerry

741
00:39:59,400 --> 00:40:03,680
Speaker 2: Powell to reduce interest rates, which then spurs the economy,

742
00:40:03,960 --> 00:40:09,000
Speaker 2: spurs spurs the economy and spurs a new home sales,

743
00:40:09,520 --> 00:40:12,960
Speaker 2: pending home sales, and existing home sales. That all is

744
00:40:13,000 --> 00:40:16,320
Speaker 2: affected by mortgage rates. And if mortgage rates are too high,

745
00:40:16,480 --> 00:40:19,279
Speaker 2: then people are not going to buy. So again, it's

746
00:40:19,320 --> 00:40:21,359
Speaker 2: a good thing that those mortgage rates are coming down,

747
00:40:21,440 --> 00:40:23,279
Speaker 2: and we'll see if this is a blip on the

748
00:40:23,360 --> 00:40:26,080
Speaker 2: radar screen or a trend. Well, folks, that does it

749
00:40:26,120 --> 00:40:28,799
Speaker 2: for us. Stay tuned for ATI Radio at the top

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00:40:28,800 --> 00:40:29,239
Speaker 2: of the hour.

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Speaker 1: I'm Kevin