WEBVTT - Mornings with Thom Brennaman 10/22/2025 0:00:00.120 --> 0:00:00.800 Honeymooning. 0:00:00.880 --> 0:00:05.080 Get ready for an essential monetary message. This is the 0:00:05.120 --> 0:00:09.240 Bloomberg Money Minute on seven hundred WLWA. 0:00:08.400 --> 0:00:10.880 Alrighty, we say good morning to Gina Servetti from the 0:00:10.880 --> 0:00:14.080 Bloomberg newsroom in New York City. Google has a new 0:00:14.280 --> 0:00:18.720 challenger after OpenAI introduced a new search tool. 0:00:19.800 --> 0:00:20.759 Yeah that's right, Tom. 0:00:20.800 --> 0:00:23.880 It's called chat GPT Atlas, and it's designed to be 0:00:23.920 --> 0:00:27.920 a more personalized web experience and also field tasks like 0:00:27.960 --> 0:00:32.280 booking flights, editing documents on a user's Behalf shares of 0:00:32.320 --> 0:00:36.320 Google parent Alphabet fell on this news yesterday. Atlas plans 0:00:36.360 --> 0:00:40.000 to roll out this new tool first for Apple Mac systems, 0:00:40.280 --> 0:00:44.600 with plans later to expand to other operating systems, including Windows. 0:00:45.080 --> 0:00:49.360 Meanwhile, Adidas is benefiting from a nostalgia boom. 0:00:50.040 --> 0:00:50.280 Yeah. 0:00:50.320 --> 0:00:52.320 You may have noticed a lot of the sneakers younger 0:00:52.360 --> 0:00:54.760 people wear these days look a lot like the ones 0:00:55.200 --> 0:00:57.920 we wore back in the day, and Adidas is a 0:00:57.960 --> 0:01:01.120 big beneficiary of this retro tre with the revival of 0:01:01.160 --> 0:01:05.200 its Samba sneakers. The company just boosted its earnings forecast 0:01:05.280 --> 0:01:07.960 for the year. Adita has revived the classic Samba a 0:01:08.000 --> 0:01:10.800 couple of years ago and it's expanded since to include 0:01:10.840 --> 0:01:13.480 other three striped retro looking shoe models. 0:01:13.520 --> 0:01:17.600 Tom all, right, then, Gina, the futures this morning. 0:01:18.240 --> 0:01:20.720 Well, right now they're narrowly mixed. The Dow futures are 0:01:20.720 --> 0:01:23.080 down four s and p futures are up a couple 0:01:23.160 --> 0:01:26.839 of points. NASDAK futures down forty eight from Bloomberg. Gina 0:01:26.920 --> 0:01:31.040 Cervetti on news Radio seven hundred WLW. 0:01:33.280 --> 0:01:35.800 Right eight ten on the Big One. Seven hundred WLW. 0:01:35.920 --> 0:01:39.920 Were a few minutes away from our chat with Senator 0:01:40.040 --> 0:01:44.360 Rand Paul from Washington, DC, and he is standing by 0:01:44.600 --> 0:01:48.760 right now. Senator, good morning, hope you're well today. 0:01:49.720 --> 0:01:51.320 Good morning, Thanks for having. 0:01:51.200 --> 0:01:53.520 Me absolutely, I always like having you here. Hey. 0:01:53.560 --> 0:01:56.480 First of all, look, I don't want to get into 0:01:56.680 --> 0:01:59.240 you know, are your feelings hurt, whatever the case might be, 0:01:59.360 --> 0:02:02.840 But I do want to ask you about not being 0:02:02.920 --> 0:02:06.520 invited to the lunch yesterday with other senators at the 0:02:06.560 --> 0:02:09.840 White House with President Trump. I mean, it seems to 0:02:09.919 --> 0:02:13.239 me that you can have disagreements inside of a party. 0:02:13.240 --> 0:02:15.640 It's one thing to disagree with the other party, but 0:02:15.720 --> 0:02:19.360 you can have disagreements inside your own party yet still 0:02:19.480 --> 0:02:22.280 let all the voices be heard. I thought that was 0:02:22.320 --> 0:02:25.600 a mistake on his part. I assume maybe you feel 0:02:25.600 --> 0:02:26.400 the same way or no. 0:02:28.280 --> 0:02:30.640 Well, I try not to take it too seriously. There 0:02:30.639 --> 0:02:33.160 are you know, people can be petty here and there, 0:02:33.200 --> 0:02:36.520 and you know, I could care less whether I'm invited in. 0:02:36.560 --> 0:02:37.200 The lunch or not. 0:02:37.280 --> 0:02:40.200 But what I do think is that I'm on their mind. 0:02:40.520 --> 0:02:43.440 And that's a good thing because the things that I 0:02:43.520 --> 0:02:47.920 represent are basically balancing the budget, reducing spending, making government 0:02:48.000 --> 0:02:51.080 small and constitutional. And I stick to my guns on that. 0:02:51.360 --> 0:02:54.720 So when Republicans propose a spending bill, it'll be two 0:02:54.720 --> 0:02:56.720 trillion in debt, which is going on right now, I 0:02:56.760 --> 0:02:59.880 oppose it. Democrats have proposed a spending bill, it would 0:02:59.880 --> 0:03:02.600 be retrly an in debt. I post that also, But 0:03:02.639 --> 0:03:05.040 there needs to be some part of the Republican Party 0:03:05.080 --> 0:03:09.080 that is still fiscally conservative, consistent and sticks to its principles. 0:03:09.440 --> 0:03:11.720 And so the thing is is I am on their mind. 0:03:11.960 --> 0:03:15.560 And the president, you know, may have thought it was 0:03:15.680 --> 0:03:18.120 kind of funny that I wasn't invited, But the other 0:03:18.160 --> 0:03:20.959 thing is is he's having to think about me. And 0:03:21.120 --> 0:03:23.600 when we posted that, Thomas Massey and I were having 0:03:23.720 --> 0:03:27.440 lunch instead, we had two million people view that posting. 0:03:28.000 --> 0:03:31.000 So there is a constituency still out there for fiscal 0:03:31.040 --> 0:03:34.320 conservatism and I'm going to continue to try to represent that. 0:03:34.639 --> 0:03:37.680 Okay, But I got to ask you, knowing what you 0:03:37.840 --> 0:03:40.560 just said that the Democrat spending would be three million. 0:03:40.680 --> 0:03:44.120 The Republicans, I think you said two million, Why did 0:03:44.160 --> 0:03:47.160 you vote again, I'm sorry, why did you vote against 0:03:47.240 --> 0:03:49.760 just a clean CR on this deal? 0:03:51.240 --> 0:03:54.960 The clean CR are the Biden spending levels basically, so 0:03:55.080 --> 0:04:00.000 last December, the CR levels continuing resolution spending levels were 0:04:00.080 --> 0:04:02.840 set and these were the Biden levels. And you remember 0:04:02.960 --> 0:04:06.200 Republicans complaining, I evan in the election about Biden nomics, 0:04:06.280 --> 0:04:11.240 Biden inflation, Biden spending. Most Conservatives voted against these spending 0:04:11.280 --> 0:04:15.040 levels last December. Come March, Republicans were in charge. Trump 0:04:15.120 --> 0:04:17.560 was in the White House. Then the Republicans, most of 0:04:17.600 --> 0:04:20.159 them other than me, flipped and voted for it. The 0:04:20.200 --> 0:04:23.719 interesting thing now is the Biden spending levels are now 0:04:23.760 --> 0:04:27.839 the Republican CR. All the Democrats voted for this in 0:04:27.880 --> 0:04:30.880 December of twenty four also, but now they've flipped. So 0:04:30.920 --> 0:04:34.240 it's kind of only in Washington. Can you imagine that 0:04:34.360 --> 0:04:37.279 all the Republicans now support other than me support the 0:04:37.279 --> 0:04:40.280 Biden spending levels, and all the Democrats are opposed to 0:04:40.320 --> 0:04:43.880 the Biden spending levels. So it's a crazy topsy turvy world. 0:04:43.880 --> 0:04:46.560 But there has to be someone who's consistent in all. 0:04:46.400 --> 0:04:47.200 Of this mess. 0:04:47.400 --> 0:04:50.599 So I voted against the Republican plan because they're the 0:04:50.600 --> 0:04:52.640 Biden spending levels and it will lead to a two 0:04:52.720 --> 0:04:56.400 trillion dollars deficit this year and that's just untenable. 0:04:57.320 --> 0:05:00.560 Well, with that in mind, though, with the CR and look, 0:05:00.600 --> 0:05:02.760 you've forgotten more of this stuff than I'll ever know. 0:05:02.880 --> 0:05:06.719 But wouldn't a c R, though, Senator Rand Paul wouldn't 0:05:06.720 --> 0:05:10.479 at least give you the chance to negotiate through some 0:05:10.640 --> 0:05:11.359 of this stuff. 0:05:13.000 --> 0:05:15.640 Well, now is the time to negotiate. And the thing 0:05:15.720 --> 0:05:18.400 is is I put forward a proposal. They voted on 0:05:18.440 --> 0:05:20.920 my proposal two weeks ago, not because they wanted to, 0:05:21.000 --> 0:05:23.719 but because I forced them to, because it's a privileged 0:05:23.800 --> 0:05:26.919 vote vehicle, because neither party put forward a budget. So 0:05:26.960 --> 0:05:29.680 I put forward mind the Penny plan about three weeks ago, 0:05:30.160 --> 0:05:31.800 and we did get a vote, and we got about 0:05:31.839 --> 0:05:35.920 thirty six Republicans, so that's not bad. We've got no Democrats, 0:05:36.440 --> 0:05:39.640 but it illustrates that there is a solution. My Penny 0:05:39.640 --> 0:05:42.600 plan would balance the budget over about a five year period. 0:05:43.279 --> 0:05:45.279 That's what we need to be doing, and that's what 0:05:45.279 --> 0:05:48.039 I'm going to continue to be for. And I just 0:05:48.080 --> 0:05:51.080 don't feel like, you know, taking a backstop of two 0:05:51.120 --> 0:05:54.000 trillion dollars in new debt next year. I mean, the 0:05:54.040 --> 0:05:57.200 interest payment now alone is a trillion dollars, and I 0:05:57.240 --> 0:05:59.480 think it's untenable. And I think our country is at 0:05:59.560 --> 0:06:02.159 risk because of this. So I don't treat this lightly. 0:06:02.200 --> 0:06:04.599 I don't treat this as ooh, you know, I'm going 0:06:04.600 --> 0:06:07.200 to be petulant vote against both. I treat this as 0:06:07.279 --> 0:06:09.839 sort of life and death with the nation, that we 0:06:10.040 --> 0:06:12.680 just cannot keep adding two trillion dollars every year in debt. 0:06:13.839 --> 0:06:18.880 Is there any resolution in sight for this government shut down? 0:06:20.400 --> 0:06:22.360 I think it's going to eventually end, either this week 0:06:22.480 --> 0:06:25.680 or next. And here's the reasoning. The Democrats. These are 0:06:25.800 --> 0:06:29.760 Democrats spending levels, These are the Biden spending levels, now 0:06:29.800 --> 0:06:32.640 called the Republican z are. They all voted for it 0:06:32.760 --> 0:06:35.560 last year in December. They're eventually all going to vote 0:06:35.600 --> 0:06:38.360 for it this time. What happened is their base, their 0:06:38.440 --> 0:06:41.560 left wing base, the socialist base, of the Democrat Party 0:06:42.480 --> 0:06:44.919 decided they wanted more. They didn't want just the Biden 0:06:45.000 --> 0:06:49.120 spending levels. They also wanted these add on Obamacare subsidies. 0:06:49.640 --> 0:06:52.080 It's important that your listeners know what the Democrats. 0:06:51.680 --> 0:06:52.320 Are asking for. 0:06:53.200 --> 0:06:56.599 The add on Obamacare subsidies give one thousand dollars to 0:06:56.640 --> 0:06:59.359 somebody who makes two hundred and twenty five thousand dollars. So, 0:06:59.440 --> 0:07:01.400 if you make two undred twenty five thousand dollars a year, 0:07:01.440 --> 0:07:04.480 the Obamacare subsease, the add on subsease give you one 0:07:04.480 --> 0:07:06.880 thousand dollars a year. If you make one hundred and 0:07:06.960 --> 0:07:10.160 seventy thousand dollars a year, the Obamacare add on gives 0:07:10.160 --> 0:07:13.480 you thirty six hundred dollars a year. So this is insane. 0:07:13.480 --> 0:07:16.480 We're two trillion dollars short, and I think you're pretty 0:07:16.520 --> 0:07:18.280 well off if you make one hundred and seventy thousand, 0:07:18.280 --> 0:07:20.119 If you make two hundred and twenty five thousand dollars, 0:07:20.280 --> 0:07:23.960 and you shouldn't get any government money. So I really 0:07:24.000 --> 0:07:26.760 think we're gonna end up winning this argument because giving 0:07:26.840 --> 0:07:30.080 rich people money for health insurance that passes on to 0:07:30.240 --> 0:07:35.040 billion dollar you know, multi billion dollar insurance companies. The 0:07:35.080 --> 0:07:36.800 only people that have gotten rich off. You know, the 0:07:36.880 --> 0:07:38.720 rich get richer, and the insurance. 0:07:38.320 --> 0:07:38.960 Companies get rich. 0:07:39.040 --> 0:07:42.120 Yeah, so it's a terrible situation. I think the Democrats 0:07:42.120 --> 0:07:43.160 will eventually fold on. 0:07:43.120 --> 0:07:47.560 This another topic, I'm kind of curious. Bear with me 0:07:47.640 --> 0:07:50.280 for a second. Why try at least to draw this 0:07:50.360 --> 0:07:54.840 sort of comparison. You have come out, you have come 0:07:54.880 --> 0:07:59.280 out sternly against some of these bombings, for lack of 0:07:59.280 --> 0:08:02.840 a better term, of some of these boats that are 0:08:02.960 --> 0:08:06.920 blowing getting blown up by our military that are trying 0:08:06.920 --> 0:08:09.280 to bring drugs into the country. 0:08:10.120 --> 0:08:11.840 You know, I was singing about this last night. 0:08:11.960 --> 0:08:14.240 Tell me if I'm just completely mad about this, right, 0:08:14.560 --> 0:08:17.720 I look at this kind of like, Okay, what if 0:08:17.720 --> 0:08:21.600 somebody is trying to bring something deadly into my house 0:08:21.720 --> 0:08:25.160 and to hurt my family. I don't care what their 0:08:25.240 --> 0:08:27.880 rights are if they come in to try to bring 0:08:27.960 --> 0:08:31.520 something that would be deadly to my family, I'm going 0:08:31.600 --> 0:08:36.320 to do everything I can to protect my family from 0:08:36.360 --> 0:08:39.720 being hurt by whatever it is they're bringing in. What 0:08:39.920 --> 0:08:42.120 is the difference between that and again, if you tell 0:08:42.120 --> 0:08:45.000 me I'm crazy, I get it. What's the difference between 0:08:45.080 --> 0:08:48.960 that and these boats bringing drugs into our country that 0:08:49.000 --> 0:08:52.160 we know are going to kill people in this country. 0:08:52.240 --> 0:08:54.520 Why are we worried about their rights? 0:08:55.920 --> 0:08:58.200 The main difference is this, when someone comes into your 0:08:58.240 --> 0:09:00.720 house or tries to break into your house alleged to 0:09:00.760 --> 0:09:03.240 be doing it, you actually see them when you shoot 0:09:03.280 --> 0:09:05.480 them as they come in the door trying to kill you. 0:09:05.880 --> 0:09:08.240 So the difference is with these boats is there's a 0:09:08.240 --> 0:09:11.280 word called alleged. You don't know who these people are. 0:09:11.360 --> 0:09:13.280 We don't know their name, we don't have any evidence. 0:09:13.280 --> 0:09:17.040 They're presenting, no evidence even have drugs. They're not all Venezuela, 0:09:17.080 --> 0:09:19.800 and some of them are Colombian, some are Ecuadorian. Think 0:09:19.840 --> 0:09:21.920 about this. We bombed a boat the other day, killed 0:09:21.960 --> 0:09:24.200 a bunch of them, found two of them swinging in 0:09:24.200 --> 0:09:27.720 the water. Did we pick up the debris and put 0:09:27.760 --> 0:09:30.600 it into a court case against them for drugs now 0:09:30.600 --> 0:09:32.400 that we found them floating in the water. None, We 0:09:32.480 --> 0:09:35.280 just send them back to Colombian Ecuador. Doesn't it seem 0:09:35.320 --> 0:09:37.080 bizarre if they really are in the drug trade, that 0:09:37.080 --> 0:09:39.920 we wouldn't prosecute the very people that we blow up 0:09:39.960 --> 0:09:42.760 with these missiles. So the thing is there is a 0:09:42.800 --> 0:09:45.400 difference in our country. So if someone breaks into your house, 0:09:45.440 --> 0:09:47.920 you have the right to shoot them. But if someone 0:09:49.040 --> 0:09:52.360 you know committed an assault and you think that they 0:09:52.400 --> 0:09:56.000 live across you know, three streets over, you can't go 0:09:56.040 --> 0:09:57.480 over there and just shoot them or blow. 0:09:57.280 --> 0:09:57.959 Their house up. 0:09:58.400 --> 0:10:00.920 That's a difference. I mean, so if you're at sea, 0:10:01.240 --> 0:10:03.600 if the coast guard is at sea and they say 0:10:03.600 --> 0:10:06.679 to a boat, halt stop, we're going to search you 0:10:06.760 --> 0:10:10.760 for contraband or for drugs. If they don't they run away, 0:10:10.760 --> 0:10:13.400 the coastguard has the right to pursue them, has the 0:10:13.480 --> 0:10:15.959 right to shoot at them to disable them, and if 0:10:15.960 --> 0:10:18.520 they fire deadly shots of the coastguard, the coastguard can 0:10:18.559 --> 0:10:21.480 sink them. This has been the rules of engagement for 0:10:22.120 --> 0:10:25.040 probably a couple of hundred years. The coastguard can use 0:10:25.080 --> 0:10:29.280 deadly force, but there's an escalation of the rules on this. 0:10:29.840 --> 0:10:33.360 The reasoning is this, when the coast guard finally boards 0:10:33.400 --> 0:10:36.200 the ships off of Miami, twenty five percent of those 0:10:36.240 --> 0:10:38.680 suspective having drugs have no drugs on board. 0:10:39.320 --> 0:10:40.360 So if we're wrong. 0:10:40.200 --> 0:10:42.040 Twenty five percent of the time, would it be okay 0:10:42.040 --> 0:10:45.600 to blow people up? These are human beings, for goodness egs. 0:10:45.640 --> 0:10:48.040 I mean, what if it's you know, an eighteen year 0:10:48.080 --> 0:10:53.200 old fisherman who they've kidnapped his sister and that he's 0:10:53.240 --> 0:10:55.520 being made to do this or his sister's going to 0:10:55.520 --> 0:10:57.840 be raped or guild. So there's a lot of if 0:10:57.880 --> 0:11:02.160 sam's or butts about this that should be explored. And 0:11:02.760 --> 0:11:05.200 none of these drugs are at all likelihood even coming 0:11:05.200 --> 0:11:08.720 to America. This is an outboard vote two thousand miles away. 0:11:09.120 --> 0:11:11.840 These drugs, if there are drugs, because it's still alleged, 0:11:12.120 --> 0:11:14.720 are going to Trinidad and Tobago. This is a drug 0:11:14.800 --> 0:11:18.760 trade to the Lower Antilles, the lesser Antillies. These boats 0:11:18.840 --> 0:11:21.960 have no means. It would take twenty tanks of gas. 0:11:22.000 --> 0:11:24.200 You'd have to stop and fill up twenty times on 0:11:24.280 --> 0:11:26.680 an outboard motor to get all the way United States 0:11:26.679 --> 0:11:29.720 from there. So they're not even presenting evidence of who 0:11:29.760 --> 0:11:32.440 the people are, whether they have drugs. But they're also 0:11:32.559 --> 0:11:35.120 not presenting evidence of these boats two thousand miles away 0:11:35.400 --> 0:11:37.400 have any intention of coming to America. 0:11:37.480 --> 0:11:39.520 Hey, last thing I wanted to ask you about, and 0:11:39.559 --> 0:11:43.240 this is way off topic here, but you know, depending 0:11:43.280 --> 0:11:45.440 on what happens here in the next couple of weeks, 0:11:45.840 --> 0:11:48.319 there is a chance that the largest city in America 0:11:48.440 --> 0:11:54.360 is going to basically vote in certainly a socialist, if 0:11:54.360 --> 0:11:57.680 not an outright communist to be the mayor of New 0:11:57.800 --> 0:12:01.120 York City. In your wildest means, could you have ever 0:12:01.240 --> 0:12:03.240 imagined that might happen in this country. 0:12:05.160 --> 0:12:07.320 No, and it's hard to believe it is, and it 0:12:07.320 --> 0:12:10.320 does happen. There's been a huge exodus from New York 0:12:10.360 --> 0:12:13.640 and particularly New York City. A lot of the means 0:12:13.640 --> 0:12:16.240 in capital, you know, it was the greatest financial city 0:12:16.280 --> 0:12:18.640 in the world, have been leaving for years. But I 0:12:18.640 --> 0:12:21.040 think there'll be a mass accidents, and what you'll be 0:12:21.120 --> 0:12:25.240 left with is no financial engine and just a poverty 0:12:25.559 --> 0:12:29.600 and what comes from socialism. So no, it's a disaster 0:12:29.880 --> 0:12:33.720 that's unfolding in slow motion hopefully that people will see. 0:12:33.720 --> 0:12:35.800 But you know, there's not a whole lot of choices. 0:12:35.880 --> 0:12:38.599 I mean, you can vote for the corrupt Cuomo or 0:12:38.679 --> 0:12:41.840 mom Domi, but there also is another choice. I'd vote 0:12:41.880 --> 0:12:44.280 frankly for the Republican. I think Curtis Lee what would 0:12:44.320 --> 0:12:46.720 bring law in order to the place and would be great. 0:12:46.720 --> 0:12:49.120 He's just not polling high enough because there's not enough 0:12:49.200 --> 0:12:52.760 Republicans right now. But he's the best choice, all right. 0:12:52.800 --> 0:12:54.960 Sender Rand Paul can't thank you enough for your time 0:12:55.000 --> 0:12:56.960 as always, and we'll look forward to catching up with 0:12:57.000 --> 0:12:58.320 you again sometime soon. 0:12:59.600 --> 0:13:00.560 Thank you all right. 0:13:00.640 --> 0:13:04.800 Senator Ram Paul from the Commonwealth of Kentucky. 0:13:03.760 --> 0:13:05.480 Is becoming a semi regular on this show. 0:13:05.559 --> 0:13:07.640 We like having them on and we always like chucking 0:13:07.720 --> 0:13:11.360 in with chucking in with checking in with chuck Ingram. 0:13:12.240 --> 0:13:15.640 That was close. Be careful. 0:13:17.240 --> 0:13:20.880 From the UCL Traffic Center Mammograms Save Lives called five 0:13:20.920 --> 0:13:23.920 one three five eight four pink to schedule your annual 0:13:23.920 --> 0:13:25.960 mammogram with uc heuse expert team. 0:13:26.240 --> 0:13:28.840 That's five one three five eight four pink. 0:13:29.200 --> 0:13:32.160 Problems on the highways continue, at least though the accident 0:13:32.120 --> 0:13:35.400 in southbound seventy one below Fifer is now over on 0:13:35.440 --> 0:13:39.079 the right shoulder. That's helping the slow traffic from Fields Turtle, 0:13:39.320 --> 0:13:42.079 but heavy out of Kenwood down the hill pass Red 0:13:42.160 --> 0:13:45.080 Bank and the lateral to a Recordina on the right 0:13:45.120 --> 0:13:49.119 hand side. Southbound seventy five continues to struggle between Tylersville 0:13:49.160 --> 0:13:52.320 and a record Union Center on the right. Westbound Reagan 0:13:52.400 --> 0:13:55.959 Highway a record seventy five and the latest northbound two 0:13:56.120 --> 0:13:58.880 seventy five an accident above thirty two at East Gate, 0:13:59.280 --> 0:14:02.640 Chucking from New It's Radio seven hundred WLW al. 0:14:02.600 --> 0:14:05.960 Right, WCPO nine First Warning Forecast presented by our good 0:14:06.000 --> 0:14:09.160 buddy Jennifer Ketchmark. Nice to have her with us earlier today. 0:14:09.800 --> 0:14:12.240 It is a beautiful morning out there. Yes, yes, yes, 0:14:12.320 --> 0:14:14.400 I know, a little bit chilly. Some might say cold. 0:14:14.480 --> 0:14:18.520 Jennifer said cold. It's not cold. It's forty seven degrees. 0:14:18.640 --> 0:14:21.120 Chili would be the word. Mostly Sunday today up to 0:14:21.160 --> 0:14:24.520 fifty seven clear Tonight will be chilly er, down to 0:14:24.560 --> 0:14:29.240 thirty nine sunshine Tomorrow high a fifty eight and we're 0:14:29.240 --> 0:14:33.720 getting down to thirty five tomorrow night. Friday, mostly sunny day, 0:14:33.840 --> 0:14:36.120 going to be a beautiful night for high school football 0:14:36.640 --> 0:14:40.120 and our temperatures under sunny skies during the entire weekend Friday, 0:14:40.160 --> 0:14:44.240 Saturday Sunday looking right around sixty sixty two. 0:14:44.360 --> 0:14:46.080 Degrees sounds pretty good. 0:14:46.640 --> 0:14:50.240 We have Pastor Chad coming up in the next half 0:14:50.360 --> 0:14:56.040 hour talk about God. Is God a capitalist? We'll continue 0:14:56.080 --> 0:14:58.960 that conversation on seven hundred WLW. 0:14:59.160 --> 0:15:02.080 Want the latest money in business news, then open your 0:15:02.120 --> 0:15:07.240 ears and enjoy. This is the Boomburn Money Minutes on 0:15:07.440 --> 0:15:09.040 seven hundred WLW. 0:15:09.760 --> 0:15:13.000 OpenAI is taking on Google with its first AI powered 0:15:13.040 --> 0:15:16.760 web browser, putting the chat GPT maker in competition with Google. 0:15:16.880 --> 0:15:19.640 The browser, called chat gpt Atlas, is designed to be 0:15:19.680 --> 0:15:23.440 a more personalized web experience and also field tasks such 0:15:23.480 --> 0:15:26.760 as booking flights and editing documents on a user's behalf. 0:15:26.960 --> 0:15:30.240 Shares of Google parents alphabet fell on the news yesterday. 0:15:30.360 --> 0:15:33.880 Among retailers, Walmart is the nation's largest employer of people 0:15:33.920 --> 0:15:36.720 who hold H one B visas. Last month, the Trump 0:15:36.760 --> 0:15:39.680 administration said it was adding a one hundred thousand dollars 0:15:39.680 --> 0:15:43.120 fee to those visas. Now, Walmart says it's paused offers 0:15:43.160 --> 0:15:47.160 to overseas job candidates requiring those visas for high skilled 0:15:47.200 --> 0:15:51.400 specialized work first Forward now. Stillante says last month's aluminum 0:15:51.440 --> 0:15:55.640 factory fire in upstate New York will disrupt operations. Stocks 0:15:55.640 --> 0:15:58.200 closed mixed yesterday, but the dowedge to a new all 0:15:58.280 --> 0:16:01.760 time high. The SMP was flat. The Nasdaq slipped. Meanwhile, 0:16:01.800 --> 0:16:05.920 International trade tensions remain in focus. From Bloomberg genas Cervetti 0:16:05.960 --> 0:16:09.200 on news Radio seven hundred WLW. 0:16:11.720 --> 0:16:13.320 Fight eight forty, Good morning to you. 0:16:13.320 --> 0:16:16.680 Welcome to the morning show here on seven hundred WLW. 0:16:17.440 --> 0:16:20.600 Enormously popular, this segment we do it every Wednesday. It's 0:16:20.640 --> 0:16:25.480 called plain Glass Stained Glass. Now, look, you don't have 0:16:25.560 --> 0:16:30.680 to be a believer to enjoy this segment when we 0:16:30.720 --> 0:16:34.560 get together with Pastor Chadhoven from the Horizon Community Church 0:16:34.640 --> 0:16:36.960 right there in Newtown, Ohio along the banks of the 0:16:36.960 --> 0:16:40.800 Little Miami River. Pastor Chad, good morning, Ope, your days 0:16:40.800 --> 0:16:42.040 off to a good start, sir. 0:16:42.960 --> 0:16:44.680 Good morning. It sure is great to be with you. 0:16:44.800 --> 0:16:45.960 Thank you very much. All right. 0:16:46.000 --> 0:16:48.320 Look, you wrote a book a number of years ago, 0:16:48.360 --> 0:16:50.160 and we started to talk about it for the first 0:16:50.160 --> 0:16:52.880 time last week called God and Nomics, and that is 0:16:52.920 --> 0:17:00.520 spelled g Odnomics don't make s the money side by 0:17:00.560 --> 0:17:05.720 the way, and you can go to godanomics dot com 0:17:05.720 --> 0:17:07.520 to check it out, the book that you wrote, and 0:17:07.640 --> 0:17:14.160 basically it's a fun, engaging, factfill journey into God's wisdom 0:17:14.320 --> 0:17:16.600 on work and money. But as a lot of the 0:17:16.640 --> 0:17:20.359 people who have reviewed this book have said, said, look, 0:17:21.440 --> 0:17:24.159 it brings in so many whether you are of the 0:17:24.359 --> 0:17:29.159 convinced or unconvinced about God's wisdom on economics, you can, 0:17:29.240 --> 0:17:33.480 and we can, as both individuals, as companies and nations, 0:17:33.800 --> 0:17:39.240 learn more about economics and specifically godenomics. I asked you 0:17:39.359 --> 0:17:41.800 last week for those that missed it, do you believe 0:17:41.880 --> 0:17:43.400 God is a capitalist? 0:17:45.040 --> 0:17:47.600 Well, so, the main idea of god nomics is capitalism 0:17:47.640 --> 0:17:50.240 is a good idea. It's not just a good idea, 0:17:50.240 --> 0:17:52.399 it's God's idea. And you know, I got to be 0:17:52.400 --> 0:17:55.600 careful to isms. You know all the isms, Marxisms, socialism, 0:17:56.000 --> 0:17:59.320 and communism, and they have one thing in common in 0:17:59.359 --> 0:18:02.080 contrast to Appolism, and that is they're trying to abolish 0:18:02.119 --> 0:18:05.439 private property. And so when I defied godonomics, I say, well, 0:18:05.480 --> 0:18:08.159 starts with property rights, right, because we're more responsible with 0:18:08.200 --> 0:18:10.720 our stuff. You can't give away stuff that's not yours. 0:18:10.720 --> 0:18:12.040 If you're going to be generous, you have to own 0:18:12.080 --> 0:18:14.560 stuff to give it away. And the Bible affirms that 0:18:14.640 --> 0:18:17.640 twenty percent of ten Commandments is about property rights. You'll 0:18:17.640 --> 0:18:20.640 steal people's stuff, they'll be jealous of people's stuff. As 0:18:20.680 --> 0:18:23.439 a woman in Proverbs a real successful business woman, So 0:18:23.560 --> 0:18:26.800 she produces, She considers a field to make sure it's 0:18:26.840 --> 0:18:30.000 going to profit. She discerns that the merchandise is good 0:18:30.359 --> 0:18:34.440 because in a free enterprise system, it both incentivizes you 0:18:34.440 --> 0:18:37.040 you want to profit, but the other person has to 0:18:37.080 --> 0:18:40.560 freely engage in making that purchase, so they have to say, hey, 0:18:40.560 --> 0:18:42.919 the price and quality is right for me. So it's 0:18:42.960 --> 0:18:46.320 a great way in which both incentives can both be balanced. 0:18:46.600 --> 0:18:49.080 I'm incentivized to profit, but I have to put your 0:18:49.160 --> 0:18:51.560 needs ahead of my own, so you'll freely choose it. 0:18:51.880 --> 0:18:54.159 And that's why e'n in that passage in Proverbs it says, 0:18:54.359 --> 0:18:57.520 you know she profits. It celebrates that. So that's the 0:18:57.600 --> 0:19:00.159 idea of those isms can be dangerous because you know that 0:19:00.320 --> 0:19:03.000 Black Book of Communism says one hundred and fifty million 0:19:03.040 --> 0:19:06.040 people were killed in the name of communism, And communism 0:19:06.080 --> 0:19:08.520 always comes to you sounding like, you know, Jimmy Stewart 0:19:08.520 --> 0:19:11.200 from the One of the Wife, You want the moon burial, 0:19:11.440 --> 0:19:14.000 moonbeams come out of your eyeball. It always ends with 0:19:14.000 --> 0:19:16.920 Monty Python, you know, bring out your dead, bring out 0:19:16.960 --> 0:19:19.879 your dad. His always sounds good at the front end, 0:19:20.119 --> 0:19:22.159 but it's never been good on the back end. And 0:19:22.240 --> 0:19:25.240 we tried that. Actually, we tried that when the Pilgrims 0:19:25.240 --> 0:19:28.280 first came over. Governor Bradford wrote in his journal, which 0:19:28.320 --> 0:19:30.720 I addressed in the first chapter, what would God say 0:19:30.800 --> 0:19:36.000 to John Adams? And he actually said, we tried it 0:19:36.040 --> 0:19:39.679 we as pilgrims, fundamental pilgrims tried socialism. We're all going 0:19:39.720 --> 0:19:42.040 to work for the common good, and there'd be lazy 0:19:42.040 --> 0:19:44.560 people who weren't working. The people who worked harder wouldn't 0:19:44.600 --> 0:19:47.560 be incentivized. And they're like, come on, guys, have us 0:19:47.600 --> 0:19:49.440 died off? We got to work harder for the common good, 0:19:49.680 --> 0:19:53.560 which is a nice ideal, And he says, ultimately, we 0:19:53.800 --> 0:19:56.800 the fundamental pilgrims, could make socialism work. And I was like, 0:19:56.920 --> 0:19:58.480 if the pilgrims can't make it work, what. 0:19:58.520 --> 0:19:59.040 Chance do we have? 0:19:59.560 --> 0:20:02.440 Then whished over to a model where is that everyone 0:20:02.520 --> 0:20:05.520 working for the communal property. Each person got their own farm, 0:20:05.720 --> 0:20:08.720 they worked their own farm, They had a sense of responsibility. 0:20:08.720 --> 0:20:11.520 It's that of productivity. Is that's a generosity. So we've 0:20:11.560 --> 0:20:15.240 tried this before, and ultimately free enterprise is a way 0:20:15.240 --> 0:20:19.080 in which incentivizes the responsibility, productivity, and ultimately generosity for 0:20:19.160 --> 0:20:20.040 each one of us. 0:20:20.760 --> 0:20:23.000 You know, you also bring in and for those that 0:20:23.119 --> 0:20:26.760 have not heard any of your services before, you bring 0:20:26.800 --> 0:20:30.400 in incredible humor to the whole thing. And you've done 0:20:30.400 --> 0:20:32.280 the same thing in this book, not just a lot 0:20:32.320 --> 0:20:34.320 of facts and figures which there are a lot of 0:20:34.359 --> 0:20:37.880 those in there, and you know references to Steve Martin 0:20:38.000 --> 0:20:41.360 and Monty Python. How do you make a reference? Where 0:20:41.400 --> 0:20:45.120 are you tying in here? Let's start with Elmer fud. 0:20:47.040 --> 0:20:48.960 Well, Yeah, we all have habits, and as habits, we 0:20:48.960 --> 0:20:50.760 say to ourselves, I'm going to change this. I'm want 0:20:50.760 --> 0:20:53.600