WEBVTT - 12-2-25 Scott Sloan Show 0:00:00.200 --> 0:00:01.680 Doing to being a mad. 0:00:03.000 --> 0:00:06.680 Harry Harry Harry is I don't mean style also I 0:00:06.720 --> 0:00:11.600 mean Harry driving this morning. The roadways seven hundred w W. 0:00:11.760 --> 0:00:15.200 Scott's Loan show, first significant snowfall of the season two 0:00:15.280 --> 0:00:19.160 to four plus depending where you are early on this morning. 0:00:19.239 --> 0:00:22.040 The early early hours are extremely difficult. I heard poor 0:00:22.120 --> 0:00:24.400 Chuck Ingram and traffic getting in about three and a 0:00:24.400 --> 0:00:27.600 half hours late this morning. Left at three o'clock, didn't 0:00:27.600 --> 0:00:31.120 get it until just after six sometime. And same for 0:00:31.200 --> 0:00:33.640 Brian Combs and a bunch of other folks. Right, I 0:00:33.640 --> 0:00:35.520 got here about six thirty, so I left the left 0:00:35.640 --> 0:00:39.920 my place at until after six o'clock, and it was 0:00:40.920 --> 0:00:42.760 thirty five in this ice eventy one by the way, 0:00:43.400 --> 0:00:47.440 maybe thirty five miles an hour some spots and after that, 0:00:47.479 --> 0:00:49.440 but those coming in now, I you're driving right now. 0:00:49.520 --> 0:00:51.360 Roads O doubts certainly did a great job. 0:00:52.159 --> 0:00:54.520 The other question would be the counties, but also the 0:00:54.520 --> 0:00:57.200 city of Cincinnati last January. We know snow removal of 0:00:57.200 --> 0:00:59.600 the city was a complete train wreck, was a disaster. 0:01:00.040 --> 0:01:04.240 We had equipment breakdown, shortages, roads left untreated, communication problems 0:01:04.280 --> 0:01:07.960 this time, lots of changes with snowplows, equipped with state 0:01:08.000 --> 0:01:10.400 of the art technology to track routes and a new 0:01:10.440 --> 0:01:14.319 real time snowplow tracker website that apparently is not working 0:01:14.360 --> 0:01:16.240 as it should on that And he's out on the 0:01:16.240 --> 0:01:18.959 street right now. That is a council member. Seth Walsh 0:01:19.040 --> 0:01:21.840 on the show campaigned on the issue of snowplows and 0:01:21.880 --> 0:01:24.800 snow removal, so he is our official snow guy for 0:01:24.880 --> 0:01:25.840 the City of Cincinnati. 0:01:25.880 --> 0:01:27.559 Seth, welcome back. Where are you right now? 0:01:29.840 --> 0:01:32.920 We've just exited the UC area checking out around you 0:01:32.920 --> 0:01:36.720 see health that was a hard spot last year when 0:01:36.720 --> 0:01:38.880 the big snowstorm came in. We could literally couldn't gage 0:01:38.959 --> 0:01:42.440 cancer patients to U see help. But it's looking great 0:01:42.480 --> 0:01:42.840 right now. 0:01:42.920 --> 0:01:43.800 You're actually out there. 0:01:43.840 --> 0:01:46.559 Someone's driving you around, Buddy's driving you around, just because 0:01:46.560 --> 0:01:48.000 you want a lay of the land. You want to 0:01:48.040 --> 0:01:51.200 see what's working and what's not. Give me on a 0:01:51.200 --> 0:01:53.120 scale of one to ten, how impressed are you with 0:01:53.200 --> 0:01:55.360 the snow removal this morning with the City of Cincinnati. 0:01:57.040 --> 0:01:59.920 Yeah, I'm gonna go seven or eight. This is prior 0:02:00.000 --> 0:02:02.840 already the priority streets have really they're looking really good 0:02:02.920 --> 0:02:04.800 from what I'm seeing right now, and I think that's 0:02:04.840 --> 0:02:08.760 an incredible testament to the hard work of GPS overnight, 0:02:08.880 --> 0:02:10.760 the strategy they put in place of last year and 0:02:10.840 --> 0:02:12.400 make sure we didn't have to mess up from last 0:02:12.440 --> 0:02:15.920 from the last year. And you know, frankly, Priority one 0:02:15.919 --> 0:02:18.919 streets are looking good. I think that we're going to 0:02:18.960 --> 0:02:20.120 see over the rest of the day, we're going to 0:02:20.160 --> 0:02:22.280 get the rest of the side streets taken care of, 0:02:22.280 --> 0:02:23.840 and you know, we'll move that up to a ten 0:02:23.880 --> 0:02:24.560 when we get there. 0:02:25.040 --> 0:02:26.440 Yeah, and on that too. 0:02:26.520 --> 0:02:28.960 Last year, there were literally city managers said, hey, listen, 0:02:29.000 --> 0:02:31.480 there's going to be maybe it was some bridges and 0:02:31.560 --> 0:02:34.240 roads said that listen, there's some streets that aren't going 0:02:34.280 --> 0:02:36.240 to get clowed. It's just a matter of fact. Is 0:02:36.240 --> 0:02:38.720 that has that changed since this time last year? 0:02:40.560 --> 0:02:43.440 That's my understanding. Yes, you know, we found last year 0:02:43.520 --> 0:02:46.440 after the snow emergency that there were six hundred streets 0:02:46.520 --> 0:02:49.480 we didn't even know that we hadn't touched. And so 0:02:49.560 --> 0:02:52.880 we have literally redrawn the maps. We've put in place 0:02:52.919 --> 0:02:55.840 a new system that makes so much sense. You know, 0:02:55.840 --> 0:02:58.800 it's a GPS based system where you can actually real 0:02:58.840 --> 0:03:01.880 time track streets are being plowed, what streets have not 0:03:01.919 --> 0:03:03.760 been touched, and then we're making sure, we're hitting all 0:03:03.800 --> 0:03:06.600 of them. And even though the Cloud Tracker is kind 0:03:06.600 --> 0:03:08.400 of hit or miss right now, that's mostly because they 0:03:08.440 --> 0:03:11.320 have too money people coming to watch it. It's working. 0:03:11.600 --> 0:03:12.840 It seems to be working really well. 0:03:13.280 --> 0:03:15.600 Yeah, on that, we're getting some calls. We had difficulty 0:03:15.680 --> 0:03:18.080 trying to log on and see in real time what 0:03:18.200 --> 0:03:20.400 roads have been plowed, and we had calls many a 0:03:20.400 --> 0:03:23.160 lot of people expressing frustration with that, and it's a 0:03:23.200 --> 0:03:26.359 bandwidth issue. I understand that, but is heavily this was 0:03:26.400 --> 0:03:28.359 that with all the problems last years, heavily this this 0:03:28.440 --> 0:03:32.760 solution was advertised. Shouldn't shouldn't that have been an issue 0:03:32.800 --> 0:03:34.680 that was foreseen that a lot of people are getting 0:03:34.720 --> 0:03:36.600 get on to see what the roads look like. 0:03:38.840 --> 0:03:40.880 I would say that the issue that we did not 0:03:40.960 --> 0:03:43.720 foresee was how successful our marketing campaign would be at 0:03:43.720 --> 0:03:47.440 getting people to trust this and use it. Because we 0:03:47.560 --> 0:03:50.080 definitely expected a lot of usage, we did not expect 0:03:50.080 --> 0:03:52.160 nearly as much as we're getting today. And I think 0:03:52.160 --> 0:03:54.040 that's I think that's fantastic, and we're going to get 0:03:54.040 --> 0:03:56.400 it fixed for the next time. That's why you stress 0:03:56.480 --> 0:04:00.160 test these experiences, and we're found out that it's you know, 0:04:00.200 --> 0:04:01.960 it is working hit or miss. I've had the same 0:04:01.960 --> 0:04:04.680 problems that you're talking about there, but the miss is 0:04:04.720 --> 0:04:06.320 the problem, and so we're going to we're going to 0:04:06.360 --> 0:04:08.000 increase that bandwidth. We're going to make it better for 0:04:08.080 --> 0:04:11.080 the next time. Unfortunately that is the problem. But frankly, 0:04:11.240 --> 0:04:13.040 I'd rather take a problem. We have too many people 0:04:13.080 --> 0:04:15.560 watching a successful system than last year, where it was 0:04:15.600 --> 0:04:17.880 literally making up data and making us think that it 0:04:17.960 --> 0:04:20.360 hit streets that it had we hadn't come close to touching. 0:04:21.520 --> 0:04:23.640 Yeah, but I guess you'll push it back if if 0:04:23.640 --> 0:04:26.359 you stress test something, it shows you it's working. Apparently 0:04:26.400 --> 0:04:28.040 the stress test wasn't stressful enough. 0:04:29.640 --> 0:04:32.359 Well, I mean, yesterday I was watching it. It was 0:04:32.360 --> 0:04:34.760 really it was actually really fun to watch. As we 0:04:34.760 --> 0:04:37.800 were showing what streets were getting pre treated. We were 0:04:37.839 --> 0:04:39.920 getting a lot of comments from people that they've never 0:04:39.960 --> 0:04:43.279 seen so many so many poles out there pre treating roads. 0:04:44.279 --> 0:04:46.679 But then today the snow hits a lot more people 0:04:46.720 --> 0:04:49.359 watched it. So what we expected to stress us to 0:04:49.400 --> 0:04:51.039 have in terms of how many people would watch it, 0:04:51.560 --> 0:04:54.479 we've we've passed. Then today finds out that a lot 0:04:54.520 --> 0:04:56.640 more people are watching it. Again, that's a good problem. 0:04:56.680 --> 0:04:56.920 To have. 0:04:57.520 --> 0:04:59.160 Yes, we got to do better at it. We're going 0:04:59.200 --> 0:05:01.760 to do better at it. But the problem is too 0:05:01.760 --> 0:05:05.040 many people ultimately are watching it that we didn't anticipate. 0:05:05.520 --> 0:05:07.640 And I think we will fix that. And that's an 0:05:07.680 --> 0:05:10.200 easy problem to fix, as opposed to again last year, 0:05:10.200 --> 0:05:12.880 where we literally just didn't pow six hundred streets. That's 0:05:12.880 --> 0:05:15.440 a big problem. This is a little Okay, let's fix 0:05:15.480 --> 0:05:16.720 that internal it problem. 0:05:16.800 --> 0:05:19.320 Yeah, I'm not going to be labor the snow tracker 0:05:19.400 --> 0:05:22.159 app or the website anyway being down from time to 0:05:22.200 --> 0:05:24.240 time and getting you know, slow to load and things 0:05:24.240 --> 0:05:25.760 because so many people are watching it. I don't think 0:05:25.800 --> 0:05:28.359 that's a pot It's a step in the right direction 0:05:28.440 --> 0:05:30.040 the sense that you know, last year it was six 0:05:30.160 --> 0:05:33.000 hundred roads if you're simply were left untreated and not 0:05:33.160 --> 0:05:36.120 enough equipment, not enough manpower, not enough everything. And the 0:05:36.160 --> 0:05:39.880 communication was terrible, the communication as much. You know, if 0:05:39.920 --> 0:05:42.239 we get it right for the next no Store, I'm fine. 0:05:42.680 --> 0:05:44.919 If we don't, there's probably more problems there than not. 0:05:45.120 --> 0:05:46.600 But the fact of the matter is the roads are 0:05:46.600 --> 0:05:48.240 getting treated and plowed. That's the big thing. 0:05:50.360 --> 0:05:50.640 Yeah. 0:05:50.680 --> 0:05:53.520 Absolutely, And to your point about communication, I mean here 0:05:53.600 --> 0:05:56.719 in forty five minutes, the director of DPS is going 0:05:56.800 --> 0:05:59.039 to be coming to city Council to talk about, you know, 0:05:59.080 --> 0:06:01.520 all the work we've done the last year. Anyway, so 0:06:01.520 --> 0:06:04.400 we're actually we're getting what. We're not waiting a month 0:06:04.520 --> 0:06:06.720 to have a conversation about what the reaction is. We're 0:06:06.720 --> 0:06:09.120 actually going to get real time. Here's what happened, here's 0:06:09.160 --> 0:06:11.119 how it's put out, Here's where we need to do better. 0:06:11.600 --> 0:06:13.200 This is the first time that I think we've had 0:06:13.200 --> 0:06:17.880 a pretty successful reaction to the snow emergency in many, 0:06:17.920 --> 0:06:20.240 many years. And so yeah, there's a little some little 0:06:20.279 --> 0:06:22.440 things that are fonts in the cracks, but on the whole, 0:06:22.440 --> 0:06:24.200 it's looking good. And I think the fact that we're 0:06:24.200 --> 0:06:27.080 open to the feedback and criticism is really critical as well, 0:06:27.120 --> 0:06:30.880 because for too long, you know, the answer was just well, 0:06:31.040 --> 0:06:33.120 when you're not every sheet can get plotted, and that's 0:06:33.160 --> 0:06:35.680 just not an acceptable answer. And this year we're not 0:06:35.760 --> 0:06:38.120 accepting that as an answer. And I'm happy about that 0:06:38.720 --> 0:06:39.040 as well. 0:06:39.080 --> 0:06:39.520 You should be. 0:06:39.560 --> 0:06:41.760 I mean that this was the feather in your cap 0:06:41.800 --> 0:06:44.360 to get this done. There is going to be some 0:06:44.560 --> 0:06:46.440 rough patches as you roll this thing out, and I 0:06:46.440 --> 0:06:48.720 think most people understand it and appreciate it, but it's 0:06:48.760 --> 0:06:51.440 moving in the right direction. And the last year, council 0:06:51.440 --> 0:06:55.200 Member Seth Walsh, what was happening behind the scenes relative 0:06:55.240 --> 0:06:58.760 to personnel changes, disciplinary actions, the failures addressed last year? 0:06:58.800 --> 0:07:02.440 What what you to the last three hundred plus days. 0:07:04.000 --> 0:07:07.359 Well, since the snow emergency, I mean you saw some 0:07:07.440 --> 0:07:09.920 of the reporting that came out right afterwards. You know, 0:07:10.040 --> 0:07:12.400 immediately we were trying to figure out what was happening, 0:07:12.720 --> 0:07:14.840 why did we have such a terrible reaction to the 0:07:14.880 --> 0:07:18.240 snow emergency? And lifted up the hood and we I 0:07:18.240 --> 0:07:21.760 mean we found a multitude of problems, and so they 0:07:21.840 --> 0:07:25.960 moved Assistant city Manager Kathy Bailey over DPS and she 0:07:26.000 --> 0:07:29.600 really dug in on figuring out what happened, what support 0:07:29.600 --> 0:07:31.640 needed to be better put in place, what systems need 0:07:31.680 --> 0:07:34.520 to be fixed. They found over forty four different areas 0:07:34.760 --> 0:07:38.240 and let me stress areas not like issues. So each 0:07:38.320 --> 0:07:40.440 area had its own issues that needed to get fixed 0:07:40.960 --> 0:07:43.320 within it that they spent the last three hundred plus 0:07:43.400 --> 0:07:46.680 days fixing. The DPS director at the time retired. We 0:07:46.720 --> 0:07:49.280 brought in Mark Riley, who has been fantastic. I mean 0:07:49.280 --> 0:07:52.280 he was texting me this morning, giving me real time 0:07:52.320 --> 0:07:55.200 updates of what was going on on the streets, really 0:07:55.240 --> 0:07:57.880 making sure that we had this figured out. You know, 0:07:57.880 --> 0:07:59.640 they found out within the first couple of days of 0:07:59.640 --> 0:08:02.000 the emerge to see that we didn't touch six hundred streets, 0:08:02.000 --> 0:08:04.400 and they've spent the last year really going through that 0:08:04.440 --> 0:08:06.720 and redesigning all these snow routes. They've brought in all 0:08:06.720 --> 0:08:09.880 this new technology, but also they haven't We haven't solved 0:08:09.880 --> 0:08:11.840 all four to four of these issues yet because those 0:08:11.840 --> 0:08:14.040 are some massive issues that we're solving. So we've solved 0:08:14.040 --> 0:08:17.200 the immediate problems and then like today, we find you know, 0:08:17.200 --> 0:08:18.840 we got sixty percent of the way there on the 0:08:18.880 --> 0:08:21.000 snowplow tracker. We didn't expect as many people to be 0:08:21.080 --> 0:08:22.960 watching it as possible, so we got to do better 0:08:22.960 --> 0:08:24.360 and we're going to fix that for the next time. 0:08:24.440 --> 0:08:26.280 And there's other issues we're going to continue to work on. 0:08:26.800 --> 0:08:28.960 But the real big stuff is, you know, we have 0:08:29.000 --> 0:08:31.960 a plan to actually pile the streets. And again you're 0:08:31.960 --> 0:08:34.439 from Buffalo off from Michigan. Most of this comes down 0:08:34.440 --> 0:08:36.559 and you pre treat it and then you plow it. 0:08:36.960 --> 0:08:39.800 And we literally we're sending our crews out to Denver, saying, 0:08:39.800 --> 0:08:41.280 how do you take care of your streets? You guys 0:08:41.360 --> 0:08:43.600 want to handle this, and then we're taking their businesses. 0:08:43.760 --> 0:08:45.679 We don't need to reinvent the wheel, and I think 0:08:45.720 --> 0:08:46.440 you see that today. 0:08:46.679 --> 0:08:48.640 Yeah, yeah, you look at the areas that get a 0:08:48.640 --> 0:08:50.440 lot of snow and go, okay, we don't need to 0:08:50.480 --> 0:08:53.920 replicate that, but we need to learn best practices to 0:08:54.080 --> 0:08:56.000 handle things here in Cincinnati. Seth makes a lot of 0:08:56.040 --> 0:08:57.360 It makes a lot of sense. Did you add more 0:08:57.400 --> 0:08:58.640 plod drivers this year? 0:09:01.000 --> 0:09:01.200 Yeah? 0:09:01.240 --> 0:09:03.800 So we actually, you know, it sounds crazy, but we 0:09:03.840 --> 0:09:07.040 actually created a system where everybody is now that would 0:09:07.120 --> 0:09:09.439 drive a plow is actually trained to drive a plow 0:09:09.559 --> 0:09:12.200 instead of last time where we were literally putting people 0:09:12.240 --> 0:09:14.120 behind the wheel for the first time ever. I've actually 0:09:14.160 --> 0:09:17.120 just seen two snowplows in the last like thirty seconds, 0:09:17.280 --> 0:09:21.000 which is a great sign here. So you know, last 0:09:21.000 --> 0:09:23.360 time part of the problem. If you if you can imagine, 0:09:23.360 --> 0:09:25.880 we were literally putting people behind the wheel for the 0:09:25.920 --> 0:09:28.800 first time, giving them a binder with map quest like 0:09:28.880 --> 0:09:31.360 directions to say, hey, here's where you got to drive. 0:09:31.840 --> 0:09:33.920 They were driving in the middle of a blizzard at 0:09:34.000 --> 0:09:36.720 night with like flashlights in their mouths to figure out 0:09:36.720 --> 0:09:38.720 where they had to go. I mean, that's just chaotic 0:09:38.760 --> 0:09:40.280 and that's a mess, and that's the reason we saw 0:09:40.320 --> 0:09:43.640 the disaster we saw. Now these everybody who's driving a 0:09:43.679 --> 0:09:45.600 snowplow today that you see out there has actually gone 0:09:45.679 --> 0:09:48.600 through simulations. They've been trained on how to drive. We've 0:09:48.600 --> 0:09:50.880 brought people in who had the appropriate trainings. We've been 0:09:50.920 --> 0:09:53.079 sentivized people to get trained on how to do it. 0:09:53.280 --> 0:09:54.840 And they're out there and they're doing a great job. 0:09:54.920 --> 0:09:56.880 And I think that day is going to continue to 0:09:56.880 --> 0:10:00.000 show over the months and years ahead, have some really 0:10:00.080 --> 0:10:01.440 positive returns for the city. 0:10:01.520 --> 0:10:04.120 Yeah, and it's investing in that critical infrastructure. You know, 0:10:04.160 --> 0:10:05.719 you can talk about all those bells and whistles and 0:10:05.800 --> 0:10:08.280 nice stuff, but if the roads aren't plowed and the 0:10:08.360 --> 0:10:10.760 roads aren't full of potholes, that's another issue that was 0:10:10.760 --> 0:10:13.959 addressed to in the last year, then you're gonna have 0:10:14.040 --> 0:10:16.280 very unhappy residents. So it's good to hear that this 0:10:16.360 --> 0:10:18.640 has now become a big priority with you and the 0:10:18.640 --> 0:10:19.320 rest of council. 0:10:19.400 --> 0:10:19.679 Seth. 0:10:20.080 --> 0:10:21.600 I think a tip of the hat. If the roads 0:10:21.600 --> 0:10:23.640 are is good and you're you're driving around right now, well, 0:10:23.640 --> 0:10:25.840 somebody's driving you around, So I'm gonna make it like 0:10:25.840 --> 0:10:27.840 you're on the phone, by the way, I would if 0:10:27.880 --> 0:10:29.560 I were that person, I'd be demanding you buy them 0:10:29.600 --> 0:10:33.960 breakfast if you haven't already. And also the other thing 0:10:34.000 --> 0:10:38.439 too is breakfast. It is the most important meal of 0:10:38.480 --> 0:10:41.080 the day. Also, that the twelve hour ships are new, 0:10:41.200 --> 0:10:43.840 is that correct? 0:10:43.880 --> 0:10:45.960 Say that again, the twelve hour ships? 0:10:46.960 --> 0:10:47.200 Yeah? 0:10:47.400 --> 0:10:50.000 I think was it twenty four hour coverage? And you know, 0:10:50.040 --> 0:10:52.440 there was a huge burnout issue because I remember, you know, 0:10:52.880 --> 0:10:54.480 news would be talking to people who are driving a 0:10:54.480 --> 0:10:57.160 truck for twenty four straight hours being snowblind. And now 0:10:57.400 --> 0:10:59.480 you've kind of even changed the way that the ships 0:10:59.480 --> 0:11:02.720 are scheduled, right, Yeah. 0:11:02.520 --> 0:11:04.480 I mean, so we got we put them on twelve 0:11:04.480 --> 0:11:07.000 hour shifts. There's a select crew that's on twelve hour 0:11:07.040 --> 0:11:09.559 shifts when the weather starts to change. But in emergencies 0:11:09.600 --> 0:11:11.760 like this, we put people on the twelve hour shifts. 0:11:12.240 --> 0:11:14.199 And you know, emergency I think is a very loose 0:11:14.200 --> 0:11:16.839 word for what we're dealing with today. But yeah, they're 0:11:16.880 --> 0:11:19.760 on twelve hour shifts. They're hard work, and they were 0:11:19.800 --> 0:11:23.240 out all night again yesterday they were pre treating watching 0:11:23.240 --> 0:11:25.679 that on the snowploud tracker cool and I think that's 0:11:25.760 --> 0:11:27.880 really important that you can see your roads got appreciated 0:11:27.920 --> 0:11:29.720 and then today you can see hopefully you know, as 0:11:29.720 --> 0:11:33.040 the day progressage of ALC your roads goot plowed and 0:11:33.080 --> 0:11:35.800 them they're they're hard workers. And none of this problem 0:11:35.840 --> 0:11:38.680 has ever been the drivers. The problem has been the 0:11:38.679 --> 0:11:40.640 system we set up has failed them. And I think 0:11:40.640 --> 0:11:42.840 for the first time they're they're set up for success 0:11:42.840 --> 0:11:43.439 and we're seeing that. 0:11:44.040 --> 0:11:46.520 We know Seth Walsh that the tracker only activates during 0:11:46.520 --> 0:11:48.960 full winter response operations. What you call that like for 0:11:49.000 --> 0:11:52.600 example the snow just remindfully, what's the threshold for that? 0:11:52.640 --> 0:11:53.680 Who makes the call. 0:11:53.679 --> 0:11:57.560 And we didn't have one during the dusting is I 0:11:57.559 --> 0:12:00.000 think we had a conversation about that as well. We'll 0:12:00.320 --> 0:12:02.960 change eventually to where any snow event where the roads 0:12:03.000 --> 0:12:05.320 are treated, will least snow where they're doing their job. 0:12:07.679 --> 0:12:09.679 Oh well, I don't want to talk too far out 0:12:09.720 --> 0:12:11.280 of school on this one, but I think that that 0:12:11.400 --> 0:12:13.599 was a little bit of some bureaucratic speak when we 0:12:13.880 --> 0:12:16.000 gave that answer. I think this is again part of 0:12:16.040 --> 0:12:19.000 how we were learning and growing. So last time when 0:12:19.000 --> 0:12:21.440 we had the dusting, the reason that the snowplow tractor 0:12:21.520 --> 0:12:24.480 wasn't working. Is there weren't snowplows out there? And shortly 0:12:24.480 --> 0:12:26.240 before you and I had our last call about this, 0:12:26.840 --> 0:12:28.400 one of the things I challenged them on was, hey, 0:12:28.720 --> 0:12:31.000 we're pre treating streets like show people, We're pre treating 0:12:31.000 --> 0:12:32.880 streets so you don't have to have a snowplow out there. 0:12:33.120 --> 0:12:35.600 And you see this time again, you can track the 0:12:35.600 --> 0:12:37.720 pre treating in your streets on there. They reacted quickly, 0:12:37.800 --> 0:12:40.959 they made the adaptions, they moved forward. So I think 0:12:41.000 --> 0:12:43.600 the appropriate answer how you track snowplows is if there's 0:12:43.600 --> 0:12:46.000 a snowplow snowpower out there, you should be able to 0:12:46.040 --> 0:12:48.480 track it. And if that is pre treating your street, 0:12:48.480 --> 0:12:50.280 if that is power your street, we want to be 0:12:50.280 --> 0:12:52.880 able to track the snowpower. If you can't track it 0:12:52.960 --> 0:12:55.200 outside of the situation like today where there's too many 0:12:55.240 --> 0:12:57.560 people watching it, you can't track it, it's because there's 0:12:57.559 --> 0:12:59.640 no snowplow out there. And then you can ask us 0:12:59.679 --> 0:13:01.480 why is it not snowplowt there. We'll probably say it's 0:13:01.480 --> 0:13:03.320 because it's a sunny day and there's not no reason 0:13:03.360 --> 0:13:05.679 for one. That's the hope, at least. 0:13:05.480 --> 0:13:06.880 Yeah, well right exactly. 0:13:06.880 --> 0:13:08.240 I mean, if there's a threat, as we know, you 0:13:08.280 --> 0:13:10.400 know Cincinnati's, we freak out the minute there's even the 0:13:10.440 --> 0:13:13.360 forecast of snow. We start driving with our hazards on. 0:13:13.480 --> 0:13:15.880 We pump our brakes. Some people drive sixty miles over 0:13:15.920 --> 0:13:18.800 the speed limits and people thirty miles under the speed limit. 0:13:19.040 --> 0:13:21.920 It's chaos out there before the first flake even flies. 0:13:22.280 --> 0:13:24.600 I think having that system in place, when that's part 0:13:24.640 --> 0:13:26.199 of it's like, hey, the roads are treated. There's a 0:13:26.200 --> 0:13:28.520 little bit of comfort there knowing that you guys are on. 0:13:28.760 --> 0:13:30.640 I think it's a good ad for the competence of 0:13:30.640 --> 0:13:31.040 the city. 0:13:32.800 --> 0:13:34.920 I agree, and I think it's going to be critical 0:13:35.000 --> 0:13:37.360 as schools have to make decisions about whether they're gonn 0:13:37.360 --> 0:13:38.920 to be open or closed. You know, they have to 0:13:38.920 --> 0:13:40.280 build trust the city is going to be able to 0:13:40.280 --> 0:13:43.280 do their job and get the streets plowed, and the 0:13:43.800 --> 0:13:47.960 part of city government is rebuilding that trust. What happened 0:13:48.040 --> 0:13:51.120 last year was big in the sense of is ten inches, 0:13:51.120 --> 0:13:53.200 but it's been an issue that's been building a building 0:13:53.240 --> 0:13:55.880 building for years, and so hopefully this allows not only 0:13:55.960 --> 0:13:57.640 have streets clear, but to be able to get schools 0:13:57.640 --> 0:14:00.840 open appropriately build trust that we were ready for, and 0:14:00.920 --> 0:14:02.440 it just kind of ripples out from there so that 0:14:02.600 --> 0:14:05.199 you know, jobs aren't interrupted and people can continue their 0:14:05.240 --> 0:14:07.959 lives even though snow's coming down. They get enjoy the 0:14:07.960 --> 0:14:10.120 beauty of watching the snow as opposed to worry about 0:14:10.160 --> 0:14:10.640 driving in it. 0:14:10.800 --> 0:14:11.240 Yeah. 0:14:11.320 --> 0:14:13.520 The other element of this too, you kind of touched 0:14:13.559 --> 0:14:15.920 down a little bit is the prioritization of streets. Obviously, 0:14:15.960 --> 0:14:18.120 the arteries, the ones that get you to the hospitals 0:14:18.120 --> 0:14:20.800 for example, campuses, things like that, those have to be 0:14:20.800 --> 0:14:24.280 cleared for emergency runs and the like. Side streets get deprioritized. 0:14:24.520 --> 0:14:26.600 But what is a reasonable wait for people listening this 0:14:26.640 --> 0:14:29.400 morning seth wallsh relative to their street being cloud. 0:14:31.480 --> 0:14:31.680 Yeah. 0:14:31.720 --> 0:14:33.640 I think the biggest way I'd say it is, you know, 0:14:33.680 --> 0:14:35.440 right off the bat, we've got to clear the arteries, 0:14:35.480 --> 0:14:38.680 and to your point, you know, cancer not cancer hospitals 0:14:38.680 --> 0:14:40.200 are really important because people need to be able to 0:14:40.200 --> 0:14:43.760 get to and fro there from there. From there, we 0:14:43.840 --> 0:14:46.560 kind of spread out to you know, the streets that 0:14:46.600 --> 0:14:48.800 most people are traveling on. You probably know what they 0:14:48.800 --> 0:14:51.280 are because you're probably driving on them. And then once 0:14:51.360 --> 0:14:54.200 the snow really kind of stops, it allows us to 0:14:54.240 --> 0:14:58.160 start tackling and triage in the side streets, but immediately 0:14:58.160 --> 0:14:59.840 when the snow's coming down, we're trying to get those 0:15:00.080 --> 0:15:03.160 the main arteries, the main emergency roads, the main roads 0:15:03.200 --> 0:15:05.400 people are going to be driving on as clear as possible. 0:15:05.440 --> 0:15:07.080 We just keep hitting them and then I'm when the 0:15:07.080 --> 0:15:08.880 show's over, we're gonna go out there. We're gonna hit 0:15:08.920 --> 0:15:10.840 the side streets and get those clear because that's a 0:15:10.880 --> 0:15:12.720 lot easier to just hit it once or twice and 0:15:12.720 --> 0:15:13.800 then it's completely solved. 0:15:13.880 --> 0:15:15.680 Yeah, and I love the you know, the when the 0:15:15.680 --> 0:15:17.640 apps up and fully working should be for the next 0:15:17.680 --> 0:15:20.640 cycle here, then you're gonna be there's gonna be accountability. 0:15:20.640 --> 0:15:22.560 You can see that where the roads are, when they've 0:15:22.560 --> 0:15:24.640 been treated, when they've been plowed, where they've been salted 0:15:24.680 --> 0:15:28.200 and plowed. There's a whole bunch of metrics on the page. 0:15:28.520 --> 0:15:31.320 And that's a step in the right direction for sure. 0:15:31.320 --> 0:15:33.440 I know, a little glitchy this morning with that website 0:15:33.440 --> 0:15:35.880 not working at times, a little slow to load, but 0:15:36.400 --> 0:15:38.120 you're confident you're going to get this taken care of 0:15:38.200 --> 0:15:38.880 for the next round. 0:15:40.640 --> 0:15:44.040 I'm I'm very confident and I'm I'm optimistic that going forward, 0:15:44.120 --> 0:15:45.760 it will not be a thing in Cincinnati where you 0:15:45.800 --> 0:15:48.640 say my street never gets plowed. If your street doesn't 0:15:48.640 --> 0:15:50.760 get plowed, it should be for other reasons, like it's 0:15:50.760 --> 0:15:53.160 a private street, not because it's subsidious and Snati street 0:15:53.160 --> 0:15:55.040 and we just don't plow it. And I think that'd 0:15:55.040 --> 0:15:58.160 be a huge change that hopefully you don't even realize happened. 0:15:59.360 --> 0:16:01.080 He says, well, well, she's in the thick of it 0:16:01.160 --> 0:16:03.640 right now, checking out the roads, make sure the plow 0:16:03.760 --> 0:16:05.480 crews are doing what they're doing, making sure of things 0:16:05.480 --> 0:16:08.720 working right. It sounds certainly well, not perfect, light years 0:16:08.760 --> 0:16:11.360 away from where we were, well almost a year ago 0:16:11.440 --> 0:16:14.360 in January went that ten inch storm and literally six 0:16:14.480 --> 0:16:17.240 hundred streets not plowed. That is an unmitigated disaster. Far 0:16:17.320 --> 0:16:19.840 sight better today for sure, Buddy. Appreciate you checking in 0:16:19.880 --> 0:16:24.040 this morning, Seth as always. Thanks again, Thanks scott Council 0:16:24.040 --> 0:16:26.160 member Seth Wilson in the Scotsland Show on seven hundred 0:16:26.240 --> 0:16:26.560 w Dow. 0:16:26.680 --> 0:16:26.880 There you go. 0:16:26.920 --> 0:16:28.800 Hopefully your commutes okay, And looks like a lot of 0:16:28.840 --> 0:16:31.880 the roads got cleared in the last couple hours anyway 0:16:32.160 --> 0:16:33.680 for those straggling the work. 0:16:33.680 --> 0:16:35.840 Maybe a little bit late this morning. That's good. That's good. 0:16:35.880 --> 0:16:38.720 So yeah, not perfect by any stretch of the imagination, 0:16:38.840 --> 0:16:40.720 but far sight better than it was. At least the 0:16:40.800 --> 0:16:43.200 needle is moving in the right direction slowly with news. 0:16:43.240 --> 0:16:45.440 We'll get a full traffic and weather update seconds away 0:16:45.480 --> 0:16:52.560 here on seven hundred wlws hi Scott's here seven hundred 0:16:52.560 --> 0:16:54.320 w Hope you get to where you're going. If you 0:16:54.320 --> 0:16:55.600 had to get where you're going, If you didn't have 0:16:55.640 --> 0:17:00.720 to get anywhere, then good for you. What you doing 0:17:00.800 --> 0:17:04.199 A bad day yesterday? Well, one good, one bad, the 0:17:04.280 --> 0:17:06.480 really bad. I was watching, for some reason, watching that 0:17:06.520 --> 0:17:09.199 stupid Monday night game last night, the Patriots and the Giants, 0:17:09.200 --> 0:17:13.400 and watched the kicker, young Ouku, do something I've never 0:17:13.440 --> 0:17:16.439 seen before in all my years of watching football. If 0:17:16.440 --> 0:17:18.160 you haven't seen the clip yet, it is worth it. 0:17:19.160 --> 0:17:21.600 Not only did he miss the football in the field 0:17:21.640 --> 0:17:26.719 goal attempt, his he kicked the he kicked the ground 0:17:27.600 --> 0:17:30.040 in front of the ball like he didn't make contact 0:17:30.040 --> 0:17:30.440 with the ball. 0:17:30.480 --> 0:17:34.119 His foot struck a good I don't know. 0:17:34.160 --> 0:17:36.920 I had to be probably a foot behind the football 0:17:37.960 --> 0:17:40.040 like drove his tone into the groud like Joe Burrow, 0:17:42.080 --> 0:17:44.119 to the point where Jackson got the quarterback said, some 0:17:44.480 --> 0:17:46.920 caught on the sideline saying some very unsavory words coming 0:17:46.960 --> 0:17:50.399 out of his mouth. But I've never seen that before 0:17:50.400 --> 0:17:52.680 in my life. And I brought it up to Tom 0:17:52.720 --> 0:17:54.760 Brenneman and we were passing the hall. He said, nope, 0:17:55.119 --> 0:17:57.080 I've covered a lot of football. I've watched a lot 0:17:57.080 --> 0:18:00.439 of football. I've never seen that happen on any level. 0:18:01.080 --> 0:18:04.639 That was incredible. And Joe Burrow got tackled at turf 0:18:04.640 --> 0:18:07.960 toe surgery. He actually did it to himself. I don't 0:18:07.960 --> 0:18:10.680 think he's injured or hurt. Then they tried to fake 0:18:10.720 --> 0:18:12.359 it and pass it and they got sacked and it 0:18:12.440 --> 0:18:15.960 was just a It's the Giants. New York teams are terrible, 0:18:16.160 --> 0:18:18.600 just terrible. The other good news story, I guess if 0:18:18.600 --> 0:18:21.240 you're Lane Kiffin, you got paid new head coach at LSU. 0:18:21.359 --> 0:18:23.680 But those interesting, these other videos of this or he's 0:18:23.680 --> 0:18:26.920 getting on the private plane to fly to Baton rouge Ole, 0:18:26.960 --> 0:18:29.199 Miss fans are out on the tarmac booing him, like 0:18:29.280 --> 0:18:30.800 throwing stuff at him, and he said yeah. At the 0:18:30.800 --> 0:18:33.359 press conference. On the way to the airport, people are 0:18:33.359 --> 0:18:35.280 trying to run him off the road. They were so 0:18:35.359 --> 0:18:39.600 mad at him leaving before the Bowl Bull games. 0:18:40.480 --> 0:18:41.359 You know, I'm sorry. 0:18:41.680 --> 0:18:43.760 Number one is if you were gonna get a pay, 0:18:43.840 --> 0:18:46.240 if you're gonna make thirteen million dollars, you do this, 0:18:46.400 --> 0:18:47.320 I would do the same thing. 0:18:47.480 --> 0:18:49.840 Presumably you do the same thing. Yeah, I'll tank some heat. 0:18:49.880 --> 0:18:50.360 I don't care. 0:18:50.960 --> 0:18:53.400 The other element is that's outside of Lane Kiffin's control, 0:18:53.760 --> 0:18:55.679 Like you're mad at him for doing what. 0:18:57.160 --> 0:18:57.720 Well, you left. 0:18:57.800 --> 0:19:00.480 You quit in the middle of the you quit. That's 0:19:00.520 --> 0:19:03.800 how works in college football. It doesn't work that way 0:19:03.800 --> 0:19:05.320 in the NFL. They have a rule that says, well, 0:19:05.359 --> 0:19:09.200 you can't leave during the season for another job. College 0:19:09.240 --> 0:19:11.919 football could certainly do that and fix that problem, but 0:19:12.000 --> 0:19:13.879 they choose not to. Part of that has to do 0:19:13.960 --> 0:19:16.960 with recruiting because unlike the NFL, where there's a draft, 0:19:17.000 --> 0:19:20.000 you know you're when you're not coaching and coming up 0:19:20.000 --> 0:19:23.320 with game plans, you're out recruiting. So it's a twenty 0:19:23.320 --> 0:19:25.480 four to seven job. It's a three hundred and sixty 0:19:25.480 --> 0:19:27.000 five day a year job. There's just no good time 0:19:27.040 --> 0:19:30.440 to leave when when when's a good time? Right after 0:19:30.520 --> 0:19:32.840 you start? So college footle go change it and say, hey, listen, 0:19:32.840 --> 0:19:34.680 there's a window. I don't know if it's a month 0:19:34.760 --> 0:19:38.400 or however long it is. After the last bowl game 0:19:38.520 --> 0:19:43.040 and before they start of the season, you can apply 0:19:43.160 --> 0:19:45.639 and get a job or someone can hire you away. 0:19:47.359 --> 0:19:50.000 But that's in Thailand. College swoop. That's not Lane Givens 0:19:50.000 --> 0:19:52.080 fault man. I think that's some weak sauce. If you're 0:19:52.240 --> 0:19:54.160 trying to run them off, allegedly run them off the road, 0:19:54.400 --> 0:19:56.960 or you're you're mad at him, why gotta leave it 0:19:57.040 --> 0:19:59.400 s and app again. I realized what happened with Tony 0:19:59.400 --> 0:20:02.240 Pike and Brian Kelly when Brian Kelly left. But them's 0:20:02.280 --> 0:20:05.159 the rules. If college footballans to fix it, they should. 0:20:05.720 --> 0:20:07.600 If they don't, it's on them. That's where the anger 0:20:07.600 --> 0:20:13.280 should lie. Anyway, this is a very interesting week, and 0:20:13.359 --> 0:20:17.520 I in my lifetime, I don't think I've seen something 0:20:17.560 --> 0:20:20.280 that has changed the game in such a short period 0:20:20.320 --> 0:20:23.199 of time as AI this week. This week marks the 0:20:23.359 --> 0:20:28.040 three year anniversary since the launch of Chat GPT. It 0:20:28.080 --> 0:20:32.040 feels like artificial intelligence, whether it's Chat, GPT or Claude. 0:20:32.040 --> 0:20:34.560 I use Claude, there's other products out there. It feels 0:20:34.600 --> 0:20:36.240 like it's been around for about ten years. Doesn't that 0:20:36.760 --> 0:20:39.280 it's hard to believe they rolled it out three years ago, 0:20:40.840 --> 0:20:46.200 November twenty twenty two, and simply because within months millions 0:20:46.200 --> 0:20:50.160 of hundreds of millions of people were online using AI assistance. 0:20:50.200 --> 0:20:52.399 You could write, you could code, you could analyze, you 0:20:52.440 --> 0:20:55.440 can reason, you can research, and it feels it feels 0:20:55.480 --> 0:20:56.040 like cheating. 0:20:56.960 --> 0:20:57.840 You know, future. 0:20:57.560 --> 0:21:00.000 Generations will look at us and go, well, that technology, 0:21:00.040 --> 0:21:02.960 who is really bad? But it's so much better now. 0:21:04.760 --> 0:21:06.679 How it's going to improve? We don't know. It's going 0:21:06.760 --> 0:21:09.720 to get wiser, smarter, faster, and more intuitive, there's no 0:21:09.760 --> 0:21:12.960 doubt about it. But future generationals kind of laugh at us, 0:21:13.000 --> 0:21:16.880 like it just feels like it's magic, Like you're cheating. Well, 0:21:16.880 --> 0:21:20.240 that's kind of cheating. I know people who do coding. 0:21:20.280 --> 0:21:22.760 I know people who do research and can generate just 0:21:23.240 --> 0:21:25.520 tons of good data in a very very short period 0:21:25.520 --> 0:21:28.240 of time, literally in seconds or minutes, as the case 0:21:28.280 --> 0:21:32.080 may be. And now your whole industry that's built around 0:21:32.119 --> 0:21:36.879 these language models, and it's affected pretty much all of us. 0:21:36.960 --> 0:21:39.120 You're not using AI and yours you kind of are. 0:21:39.600 --> 0:21:44.080 Programmers use coding assistance for drafting and editing. Designers use 0:21:44.119 --> 0:21:49.040 image generation, there's chatbots, research analysis, thirty to I think 0:21:49.119 --> 0:21:51.280 the upwards like four out of ten white collar workers 0:21:51.320 --> 0:21:54.719 now use it regularly use generative AD and it affects 0:21:54.880 --> 0:21:57.840 ninety percent of all jobs right now, and that's only 0:21:57.920 --> 0:21:59.440 going to get up to one hundred at some point. 0:22:00.440 --> 0:22:03.840 But it's also a disruptor too, because the image generators 0:22:05.200 --> 0:22:08.800 have basically democratized visual creation is what's going on. So 0:22:09.000 --> 0:22:11.120 you know, we're going to see all these lines blurred 0:22:11.480 --> 0:22:14.080 if they're not already. About artistic ownership and copyright, we're 0:22:14.119 --> 0:22:16.320 having fights over that right now. We have AI generated 0:22:16.440 --> 0:22:19.080 art in music and video. There's songs that are charting 0:22:19.080 --> 0:22:22.840 that are completely AI made. There's voices that are completely 0:22:22.880 --> 0:22:26.159 a AI. You never know it. So there's a lot 0:22:26.200 --> 0:22:28.800 of controversy as well. I think the point is coming 0:22:29.240 --> 0:22:31.719 certainly within our lifetimes where most of the stuff that 0:22:31.760 --> 0:22:33.840 you as far as content goes, is going to be 0:22:33.880 --> 0:22:35.760 created by AI because you know, you don't have to 0:22:35.760 --> 0:22:38.359 worry about actors going on strike, you don't have to 0:22:38.359 --> 0:22:41.800 worry about production costs and filming on location and things 0:22:41.840 --> 0:22:44.520 like that. AI can dream all that stuff up and 0:22:44.560 --> 0:22:46.359 do such a good job because it's only going to 0:22:46.359 --> 0:22:48.639 get better of tricking the eye into seeing what you 0:22:48.680 --> 0:22:52.840 say we see you know, people falling for stuff all 0:22:52.880 --> 0:22:55.160 the time. And I think the other challenge, the big 0:22:55.240 --> 0:22:57.080 challenge of this one, at least from my end of it, 0:22:57.119 --> 0:22:59.760 when it comes to content, is with deep fakes and 0:22:59.800 --> 0:23:03.520 a I generated content. I keep getting this ad pop 0:23:03.600 --> 0:23:05.440 up on social I'm sure you've seen it as well, 0:23:05.440 --> 0:23:08.240 where it's a it's kind of like a it's allegedly 0:23:08.280 --> 0:23:10.600 it's a robot dog. I think they have a robot cat, 0:23:10.640 --> 0:23:14.720 but it's a robot dog and it looks extremely realistic, 0:23:14.840 --> 0:23:18.760 like yeah, even veterinarians are fooled by this, and you 0:23:18.760 --> 0:23:20.760 think it's a real dog and you look at them, 0:23:20.840 --> 0:23:23.760 Oh that's and you know, like I'm watching, going, okay, 0:23:23.800 --> 0:23:27.639 that's AI. It's clearly AI. It's fake and there's no 0:23:27.680 --> 0:23:30.840 way the robot looks exactly like that. It's just it's impossible. 0:23:32.040 --> 0:23:34.680 But you wonder how many people are fooled going, oh, 0:23:34.800 --> 0:23:37.240 it's a dog that looks exactly like and you open 0:23:37.280 --> 0:23:40.760 the box. It's nothing like that. It's not that lifelike. Yeah, 0:23:40.760 --> 0:23:43.000 it's an AI image, is what that is? And say, 0:23:43.080 --> 0:23:45.200 it's what we can tell now. And I think in 0:23:45.240 --> 0:23:47.439 the next few years, and it's getting harder and harder 0:23:47.480 --> 0:23:50.800 to discern with the naked eye what's real and what's fake. 0:23:51.600 --> 0:23:53.320 So there's gonna be a lot of challenges with that 0:23:53.440 --> 0:23:56.359 coming up, and the challenges to anyone who's in the 0:23:56.480 --> 0:24:01.200 entertainment field for that matter, because you know, future entertainers 0:24:01.240 --> 0:24:03.639 are gonna be AI based, it's gonna be AI generated 0:24:04.040 --> 0:24:06.639 if they be such a thing. And you know, it's 0:24:06.680 --> 0:24:08.320 all integrated right now. It's hard to believe all this 0:24:08.359 --> 0:24:10.320 has just happened in the last three years. I think 0:24:10.320 --> 0:24:13.600 to me that is the amazing part. Three years since 0:24:13.720 --> 0:24:16.600 Chad GBT was launched. It feels like it's it's about 0:24:16.680 --> 0:24:19.000 ten because in the past it was yeah, okay, search 0:24:19.040 --> 0:24:20.760 engines and bots and things like that. 0:24:20.880 --> 0:24:23.280 Yeah, yeah, you know we had Google. 0:24:23.320 --> 0:24:26.080 Well Google's become commonplace, but before that, there were other 0:24:26.680 --> 0:24:30.000 search engines out there that we would use, or social 0:24:30.040 --> 0:24:34.600 media platforms right that are now extinct for that matter. 0:24:35.640 --> 0:24:38.440 But the chatbots that that's that's going to be. 0:24:40.119 --> 0:24:42.000 Interesting to see how it develops over the next wee 0:24:42.440 --> 0:24:44.960 probably two weeks is going to feel like two years 0:24:45.000 --> 0:24:47.720 at this point. Anyway, it's slowly here on seven hundred 0:24:47.720 --> 0:24:51.080 WW and got Steve Gooden coming up he's an interesting 0:24:51.080 --> 0:24:53.600 perspective on this. Steve, of course, you know he ran 0:24:53.680 --> 0:24:59.080 for council, but also his background. He's an attorney constitutionals, 0:24:59.080 --> 0:25:01.480 a very sharp all one of the sharpest attorneys I 0:25:01.480 --> 0:25:04.199 think in the in the state for that matter, but 0:25:04.359 --> 0:25:07.600 also a former judge advocate general for the United States Army. 0:25:08.320 --> 0:25:10.920 And we talk to him, especially pick his sup a 0:25:10.960 --> 0:25:14.320 legal mind about Venezuela and the attacks. And now we 0:25:14.400 --> 0:25:16.800 have somewhat of a constitutional crisis. You know, you love 0:25:16.880 --> 0:25:20.760 him or hate him. The thing about the Trump administration 0:25:21.080 --> 0:25:25.600 is it is a very interesting test of our legal system. 0:25:26.840 --> 0:25:29.320 Now if you don't like it, you're complaining that he's 0:25:29.320 --> 0:25:32.320 shrinding the Constitution, and this is awful for the country. 0:25:32.320 --> 0:25:34.720 And every day it's something new and how you pervert 0:25:34.760 --> 0:25:38.120 the Constitution of twisted your needs and meets. But as 0:25:38.119 --> 0:25:41.880 we saw with January sixth, which you know, my mind 0:25:41.880 --> 0:25:46.240 dissuaded him from getting my vote, I wasn't going to 0:25:46.320 --> 0:25:49.320 do after that. You know, I understand it's a constitutal test. 0:25:49.359 --> 0:25:50.520 I look at that way and go, okay, all of 0:25:50.560 --> 0:25:54.520 these are probing to see how far we can take 0:25:54.520 --> 0:25:56.520 the Constitution. I think from a legal standpo he's an 0:25:56.600 --> 0:26:00.240 armchair fan of the law. Myself certainly know a turn, 0:26:00.960 --> 0:26:02.760 but I watch this and go, yeah. The other side 0:26:02.760 --> 0:26:06.960 of this fact is like the Constitution is living, breathing document, 0:26:07.040 --> 0:26:09.439 and what happens is people test the Constitution all the 0:26:09.440 --> 0:26:11.920 time and that is interpreted by the Supreme Court of 0:26:11.920 --> 0:26:14.199 the United States to find out what the parameters law are. 0:26:14.240 --> 0:26:15.119 And it's always changing. 0:26:15.359 --> 0:26:20.040 It's it's always becoming something else, simply because there's so 0:26:20.080 --> 0:26:22.240 many things that happen on a daily basis that the 0:26:22.280 --> 0:26:25.320 framers didn't foresee. It's it's amazing to see how this 0:26:25.400 --> 0:26:28.080 document is supple, that is holds a test of time 0:26:28.080 --> 0:26:28.840 for twohndred and fifties. 0:26:28.840 --> 0:26:29.840 So really it's really cool. 0:26:31.240 --> 0:26:33.719 But this one, I think even pushes the limits of 0:26:33.760 --> 0:26:37.160 the Constitution itself in a sense, because Navy pilots ordered 0:26:37.160 --> 0:26:39.960 to attack that another suspected drug runner off the coast 0:26:40.000 --> 0:26:43.960 of Venezuela back in what September, and survivors afterward were 0:26:44.000 --> 0:26:48.919 spot in the water, according to reports from multiple outlets. Now, 0:26:49.000 --> 0:26:51.960 the Secretary Offense Pete's Headswith ordered a second attack to 0:26:52.040 --> 0:26:55.000 kill everybody that was clinging to the wreckage. Now, he 0:26:55.040 --> 0:26:57.760 said that report is inaccurate. The White House says it 0:26:57.800 --> 0:27:02.200 was actually Admiral Frank Bradley and not to Secretary of 0:27:02.200 --> 0:27:05.000 Defense that ordered that. President Trump says he didn't order it. 0:27:07.840 --> 0:27:11.639 So yeah, it's it's gonna be a lot of finger 0:27:11.640 --> 0:27:14.320 pointing here, and eventually what happens is probably Frank Bradley 0:27:14.359 --> 0:27:16.560 is the one who falls on the sharp stick as 0:27:16.600 --> 0:27:19.320 often as the case. But White House yesterday defending the 0:27:19.400 --> 0:27:22.320 legality of that attack. Congress said we're going to investigate this, 0:27:22.400 --> 0:27:25.679 and it's bipartisan. It's not just Democrats too, like Jeffers, 0:27:25.720 --> 0:27:27.399 it's many others as well, saying, well, we've got to 0:27:27.400 --> 0:27:30.160 look at this because it's pretty clear with the laws 0:27:30.160 --> 0:27:33.119 of Engagement, laws of war, rules of war. You know, 0:27:33.240 --> 0:27:37.320 killing in already a questionable enemy combatant, but killing someone 0:27:37.400 --> 0:27:40.560 who is no longer a threat is against our rules. 0:27:41.680 --> 0:27:44.200 And it states that the DoD has been pretty clear 0:27:44.240 --> 0:27:46.879 on this for various reasons. Anyway, we'll get into what 0:27:46.880 --> 0:27:48.880 all this means with Steve Gooden covered at ten oh 0:27:48.920 --> 0:27:50.760 seven this morning here on the Scotts Loan Show on 0:27:50.800 --> 0:27:54.199 seven hundred WWT. Good news is the weather looks like 0:27:54.240 --> 0:27:56.840 it's over right now. These storms have moved out left 0:27:56.880 --> 0:27:59.280 a good several inches of snow depending where our roads 0:27:59.280 --> 0:28:01.920 are getting cleared. Just at congress Member or congress Member 0:28:02.280 --> 0:28:06.359 Console member Seth Walsh on the show because he was like, literally, 0:28:06.400 --> 0:28:08.840 he's the guy getting all the street stuff fixed. That 0:28:08.960 --> 0:28:12.840 was his rallying cry for his reelection. And I know 0:28:12.920 --> 0:28:15.280 the app the storm tracker, and I want to say 0:28:15.280 --> 0:28:19.000 app it's on appets just a website. The plowtracker was 0:28:19.040 --> 0:28:21.159 down periodically. He said, well, you know what, we had 0:28:21.160 --> 0:28:23.720 some twenty more people on that looking at than we anticipated, 0:28:23.920 --> 0:28:26.000 even during the stress test. So we'll get that right 0:28:26.040 --> 0:28:29.159 for the next time we get significant snowfall in Cincinnati. 0:28:29.200 --> 0:28:31.639 But he's driving around and roads look pretty clear. In 0:28:31.640 --> 0:28:32.960 a lot of heirs, I will say Odat did a 0:28:33.000 --> 0:28:33.560 great job too. 0:28:33.640 --> 0:28:34.199 This morning. 0:28:34.520 --> 0:28:37.480 When I rolled in very early, this would have been 0:28:37.600 --> 0:28:40.800 six o'clock, six thirty, I got into the station roads, 0:28:41.000 --> 0:28:43.160 I was like thirty thirty five maybe forty miles an 0:28:43.160 --> 0:28:46.600 hour in places driving seventy five south. I know those 0:28:46.680 --> 0:28:48.880 driving northbound where just it was like three hour delay 0:28:48.880 --> 0:28:51.480 in some cases took forever for folks to get in. 0:28:51.560 --> 0:28:54.640 But I'll buy and large in this case, we are 0:28:55.000 --> 0:28:57.960 fairly clear roads right now, So cruiser out there, whether 0:28:58.000 --> 0:29:01.280 it's the state, the county, or the city. And they 0:29:01.280 --> 0:29:03.080 got us caught up at this point too, so it's 0:29:03.080 --> 0:29:05.040 all good anyway. I'm gonna get a quick time out 0:29:05.080 --> 0:29:07.160 in more to follow Scott's loan on this snowy Tuesday. 0:29:07.160 --> 0:29:08.720 Here I got you covered seven hundred. 0:29:08.480 --> 0:29:16.000 WW news update and it's away here on seven hundred 0:29:16.040 --> 0:29:21.640 WW Scott's Loan show. Here is a This is an 0:29:21.640 --> 0:29:23.440 old weird trick for you. I just saw this win 0:29:23.760 --> 0:29:26.880 I didn't. I'm really if there's a thing to it. 0:29:26.880 --> 0:29:31.440 It's called dark showering. Apparently, if you take a shower, well, 0:29:31.480 --> 0:29:34.040 the lights are off for the lighting dim rather than bright, 0:29:34.080 --> 0:29:37.160 and you're, you know, getting all the the undercarriage clean 0:29:38.000 --> 0:29:41.440 because you don't want the rust, get the simonies on there. 0:29:42.680 --> 0:29:46.320 It's not only the hygiene you're doing, but apparently by 0:29:46.360 --> 0:29:48.600 dimming you're turning off the lights. You create you're creating 0:29:48.600 --> 0:29:52.000 what they call a sensory cocoon that signals the body 0:29:52.000 --> 0:29:54.000 to unwine. And this, of course is important if you 0:29:54.080 --> 0:29:56.880 shower at night. Now, are you a morning shower? Are 0:29:56.920 --> 0:29:59.160 you an evening shower? Are you a I don't know, 0:29:59.280 --> 0:30:01.800 two times a day shower. But if you shower in 0:30:01.840 --> 0:30:05.040 the evenings before bed, which I'm a fan of because 0:30:05.080 --> 0:30:06.840 I like to be clean before I slid in the bed, 0:30:08.640 --> 0:30:11.680 it helps you down regulate your body's stress response. So 0:30:12.000 --> 0:30:14.920 and it also supports natural circadian transition from day to 0:30:15.000 --> 0:30:17.440 night and night to day. And it's kind of a 0:30:17.440 --> 0:30:20.200 threshold moment, they said, So you're not only just getting clean, 0:30:20.680 --> 0:30:22.560 but the warmth of the shower and the soap and 0:30:22.600 --> 0:30:25.760 the smells and everything in the dark is leading you 0:30:25.840 --> 0:30:32.520 to sleepy time. So stress goes down, you're kind of unwinding. 0:30:32.560 --> 0:30:35.120 It's the signal to your body to chill out, get 0:30:35.160 --> 0:30:38.560 ready for bed, improves your sleep, gets your mood right, 0:30:39.360 --> 0:30:45.040 your mindfulness. And there's I guess, I don't know I'm 0:30:45.120 --> 0:30:47.080 rating this, and it says in a time where most 0:30:47.080 --> 0:30:50.640 people barely have space for rest, let alone intimacy, dark 0:30:50.680 --> 0:30:53.400 showering has the power to rewaken sensuality. The low light, 0:30:53.440 --> 0:30:56.400 warm water, and heightened sensor awareness creates a soft atmospheric mood. 0:30:56.440 --> 0:30:57.320 I don't know what that means. 0:30:58.120 --> 0:30:59.960 Intimacy, But you're by yourself, I mean, if you're in 0:31:00.080 --> 0:31:02.320 the shower someone else then I'm good for you, but 0:31:03.400 --> 0:31:08.000 you're clean and dirty at the same time. So apparently 0:31:08.040 --> 0:31:10.440 this is a new thing. Maybe not a new thing. 0:31:10.440 --> 0:31:12.680 It's been around turning the lights off for your shower, 0:31:12.720 --> 0:31:14.920 but I don't know. You get that certain age too, 0:31:14.920 --> 0:31:16.200 it's like, oh, that's all well and good. They start 0:31:16.200 --> 0:31:19.120 worrying about, well, you know, I trip over the shower 0:31:19.160 --> 0:31:20.840 into the curb of the shower, or I got to 0:31:20.880 --> 0:31:24.040 try and grab a towel. And on the other side 0:31:24.080 --> 0:31:27.120 as well, you know what, I hate myself image is 0:31:27.160 --> 0:31:29.120 so bad. This is good because I don't want to 0:31:29.160 --> 0:31:32.240 see myself naked. I can't stand it dark showering. 0:31:32.240 --> 0:31:32.680 There you go. 0:31:32.720 --> 0:31:34.600 We'll get a news update in we'll get a little 0:31:34.600 --> 0:31:36.560 bit more serious after ten oh seven was Steve Good, 0:31:36.600 --> 0:31:39.960 an attorney and former judge Advocate General for the US Army, 0:31:40.040 --> 0:31:42.600 and what is going on on Veszuela, specifically with not 0:31:42.720 --> 0:31:45.680 just a strike against an alleged drug smuggler in a boat, 0:31:45.720 --> 0:31:51.400 but killing those who were already in the water. So 0:31:52.200 --> 0:31:54.000 you know there's an issue there whether or not that's 0:31:54.040 --> 0:31:56.360 a war crime. The words war crimes are being thrown 0:31:56.360 --> 0:31:59.040 around right now relative to the Pentagon. We'll get to 0:31:59.120 --> 0:32:01.440 that with Steve and kick the tires on it. Just 0:32:01.480 --> 0:32:03.400 ahead on the Scott's Loan Show, Home of the Best 0:32:03.440 --> 0:32:10.040 Bengals coverage seven hundred WWT Cincinnati. All right, snow behind us. 0:32:10.080 --> 0:32:12.760 We move forward, always moving forward. 0:32:12.960 --> 0:32:16.640 Constitutional crisis burning at the Pentagon after Navy pilot's ordered 0:32:16.600 --> 0:32:19.040 to attack a suspected drug runner off the coast of 0:32:19.080 --> 0:32:22.480 Venezuela in September. Afterwards survivor's spot in the water, and 0:32:22.520 --> 0:32:27.440 according to reports, Secretary of Defense Headseth ordered a second 0:32:27.480 --> 0:32:31.320 attack to quote kill everybody claning the wreckage. She said, 0:32:31.520 --> 0:32:34.920 that's inaccurate. The White House now says Admiral Frank Bradley 0:32:35.240 --> 0:32:39.080 and not Hegsith directed the strikes. President Trump says he 0:32:39.120 --> 0:32:41.360 didn't order it, said the first one was effective, we 0:32:41.400 --> 0:32:44.360 didn't do the second one. White House defended the legality 0:32:44.400 --> 0:32:48.080 of it all. But now Congress, in a bipartisan fashion, 0:32:48.200 --> 0:32:51.400 believe it or not, wants to investigate, and some members 0:32:51.440 --> 0:32:54.120 are warning, if substantiated, this could violate the laws of war. 0:32:54.120 --> 0:32:59.560 We're talking about significant constitutional violations and war crimes. No 0:32:59.560 --> 0:33:02.000 one better suited to talk about this in Cincinnati than 0:33:02.200 --> 0:33:05.120 Attorney Steve Good and of course he was also an 0:33:05.240 --> 0:33:09.520 Army judge advocate general, so understands the process here, Steve, welcome, high. 0:33:09.360 --> 0:33:13.280 Ben great snowed in but good. 0:33:13.280 --> 0:33:16.800 Otherwise, well, it's good. Now we can work from home. 0:33:16.840 --> 0:33:18.400 When we used to go mad I got to leave 0:33:18.480 --> 0:33:20.520 five hours early to get into war. Some people here 0:33:20.520 --> 0:33:24.080 were three hour through our commute when normally takes him 0:33:24.120 --> 0:33:27.040 about twenty minutes. So yeah, if you left earlier this morning, 0:33:27.040 --> 0:33:28.800 we had the worst of it, that's for sure. So yeah, 0:33:28.800 --> 0:33:32.520 if you go work from home, get or done, big boy? 0:33:32.640 --> 0:33:35.840 So what do you at first? Blush? This is not good. 0:33:37.080 --> 0:33:39.920 The core argument here, the core legal argument we'll get 0:33:39.960 --> 0:33:42.400 to in a second, but from a perspective of someone 0:33:42.480 --> 0:33:44.840 who served as an attorney the fact attorney in the 0:33:44.920 --> 0:33:46.800 United States Military of the Army as a judge at 0:33:46.920 --> 0:33:51.080 the general this is if this is true, is this 0:33:51.160 --> 0:33:51.480 a wark? 0:33:51.560 --> 0:33:51.720 Right? 0:33:53.680 --> 0:33:56.239 You know, it's really hard to say. And I'll tell 0:33:56.280 --> 0:33:58.400 you it's funny. I used to teach the law of 0:33:58.440 --> 0:34:00.640 war and the rules of engagement and all the stuff 0:34:00.680 --> 0:34:02.640 down at Fort Bragg. And you know this was a 0:34:02.640 --> 0:34:05.640 Seal Team six operation actually done out of Fort Brag, 0:34:06.760 --> 0:34:09.239 So I know that world a bit. I spent about 0:34:09.239 --> 0:34:13.560 thirteen months there during the Iraq War. And I can 0:34:13.600 --> 0:34:18.080 tell you that it's more complicated than it might seem. 0:34:18.239 --> 0:34:21.000 I mean, there's really multiple parts of the what we 0:34:21.080 --> 0:34:23.319 call the American law of war. We have our own 0:34:23.440 --> 0:34:27.160 rules of engagement, but we're also signatories to the Geneva Convention, 0:34:27.200 --> 0:34:29.880 which deals with how we treat prisoners of war and 0:34:30.280 --> 0:34:33.680 injured soldiers on the other side. And really what's happened 0:34:33.719 --> 0:34:36.359 here is the Trump folks have made an argument that 0:34:36.360 --> 0:34:40.720 we're in an armed conflict with Venezuela, which is where 0:34:40.760 --> 0:34:44.000 most of these boats are originating from, because of their 0:34:44.080 --> 0:34:48.880 role in the cocaine trade. They have designated Maduro, their president, 0:34:49.600 --> 0:34:52.080 as a terrorist, what they're calling a narco terrorist. Now, 0:34:52.080 --> 0:34:53.759 this is kind of a term that's sort of new, 0:34:53.800 --> 0:34:56.800 it's sort of made up. This concept has been kicking 0:34:56.840 --> 0:34:59.360 around since the Reagan administration. That this is really the 0:34:59.400 --> 0:35:03.160 first time that the America, that the United States and 0:35:03.200 --> 0:35:04.960 a lot of people are paying attention to this. That 0:35:05.040 --> 0:35:10.080 the United States basically said the regime in Venezuela is illegitimate. 0:35:10.239 --> 0:35:13.560 They are part of the problem. They are pumping fatanyl 0:35:13.600 --> 0:35:15.880 and cocaine and other drugs into the United States. 0:35:15.960 --> 0:35:17.399 And we consider this to be. 0:35:17.560 --> 0:35:20.319 An armed you know, an armed conflict, which is the 0:35:20.320 --> 0:35:21.960 first thing you have to have in order for the 0:35:22.000 --> 0:35:25.799 rules of engagement to take place or to be applicable. 0:35:26.040 --> 0:35:29.680 And then second, we're considering these folks on these boats 0:35:29.760 --> 0:35:33.239 to be armed combatants. Now, whether any of that all 0:35:33.320 --> 0:35:36.879 turns out to be true is really what I think 0:35:36.920 --> 0:35:38.399 these hearings are going to flesh out. 0:35:38.440 --> 0:35:41.800 You know, at this point, we don't have anything in any. 0:35:41.600 --> 0:35:47.160 Facts that I have heard that seriously robut the administration's 0:35:47.280 --> 0:35:49.719 claim that these folks were drug runners. So if you 0:35:49.800 --> 0:35:52.960 accept the argument that the government of Venezuela and the 0:35:52.960 --> 0:35:56.719 people behind this are in quote unquote narco terrorists, that 0:35:56.800 --> 0:35:59.520 we're in conflict with them because they're bringing these dangerous 0:35:59.560 --> 0:36:02.640 drugs to go with fentanyl into the United States. Uh, 0:36:02.719 --> 0:36:05.640 then then there is some justification of the laws of 0:36:05.680 --> 0:36:09.600 war to engage. Now this very specific issue about what 0:36:09.640 --> 0:36:12.200 they call it double tap strike, which is heads up 0:36:12.320 --> 0:36:14.480 or the admiral or whoever it was, going back and 0:36:14.520 --> 0:36:17.799 shooting the prisoner or not the prisoner shooting the two survivors. 0:36:18.960 --> 0:36:20.200 That's not uncommon. 0:36:20.640 --> 0:36:23.680 Uh. The double tap thing is something that occurred in 0:36:23.719 --> 0:36:26.120 the Rack over and over again that occurred, and uh, 0:36:26.719 --> 0:36:29.800 the idf uses it in some of their battles and 0:36:30.800 --> 0:36:34.319 palest on and so forth. So it's not an uncommon thing. 0:36:35.320 --> 0:36:38.839 The theory being that that the the injured person, if 0:36:38.840 --> 0:36:41.560 he truly is a combatant, is still sort of in 0:36:41.600 --> 0:36:45.120 the fight, could call for backup, could cause problems. Now, 0:36:45.239 --> 0:36:47.359 it is distasteful, it is tough, and there's a lot 0:36:47.400 --> 0:36:50.440 of conflict in military law circles about whether it's appropriate, 0:36:50.520 --> 0:36:52.759 whether you have some sort of obligation to go try 0:36:52.760 --> 0:36:55.719 to rescue that person even though they're they're down. So 0:36:56.239 --> 0:36:58.680 all of this, in my mind, is going to hinge 0:36:58.840 --> 0:37:05.439 on the administrations. The accuracy really of the administration sort 0:37:05.480 --> 0:37:10.440 of designation of Venezuela and its government as being actually 0:37:10.800 --> 0:37:13.239 in combat with us because of the drug thing. That 0:37:13.400 --> 0:37:16.640 is a kind of a new frontier legally speaking. But 0:37:16.680 --> 0:37:19.120 if that holds water, then then it's sort of a 0:37:19.120 --> 0:37:21.920 fair game for us to engage these folks as they come. 0:37:21.760 --> 0:37:22.440 Back and forth. 0:37:23.440 --> 0:37:26.080 And I've really not heard any evidence to the contrary 0:37:26.160 --> 0:37:28.719 that that isn't true. And if you look, the other 0:37:28.760 --> 0:37:30.600 thing that's really fascinating to me that I think is 0:37:30.600 --> 0:37:33.239 getting lost in all this is we are having a 0:37:33.480 --> 0:37:35.480 slow but discernible build. 0:37:35.280 --> 0:37:36.600 Up around Venezuela. 0:37:36.760 --> 0:37:38.879 And if you read in the New York Times, which 0:37:38.960 --> 0:37:41.160 is sometimes are ead with a huge grain of salt, 0:37:41.640 --> 0:37:44.000 you know, they've been writing for weeks that there are 0:37:44.040 --> 0:37:46.440 sources in the administration saying that there is a movement 0:37:46.480 --> 0:37:51.279 toward total regime change, you know, in Venezuela. On the part, 0:37:51.400 --> 0:37:53.279 you know that there are people in the Trump administration, 0:37:53.320 --> 0:37:55.840 including Mark Arrubio, who really just want to overthrow the 0:37:55.840 --> 0:37:59.000 government of Venezuela under the theory that it will bust 0:37:59.080 --> 0:38:01.719 up out of the narco terrorism, in that Venezuela is 0:38:01.760 --> 0:38:06.080 actually propping up Cuba, the cognist Cuban regime. So there 0:38:06.120 --> 0:38:09.600 may be a much larger long term play here on 0:38:09.680 --> 0:38:13.360 the part of the Trump administration in terms of actually 0:38:13.440 --> 0:38:18.600 changing the entire administration in Venezuela. So really, at this 0:38:18.600 --> 0:38:20.480 point we've got it. There are more facts that we 0:38:20.600 --> 0:38:22.680 really need to know before we can talk about it 0:38:23.080 --> 0:38:26.200 with any kind of you know, any kind of certainty. 0:38:26.280 --> 0:38:28.600 But those are the sorts of things we should be 0:38:28.600 --> 0:38:29.040 looking for. 0:38:29.200 --> 0:38:31.720 Well, initially, Steve Gunn, I can't help but think, Okay, 0:38:31.760 --> 0:38:35.840 maybe this is a signal to Mexico and China is 0:38:35.920 --> 0:38:39.880 under givenment in Mexico and other nations because if you 0:38:39.960 --> 0:38:44.800 go after Venezuela, they are literally the I mean they really, 0:38:45.400 --> 0:38:47.400 if you believe the government reports leading up to this, 0:38:47.680 --> 0:38:50.240 they're not a big player when it comes to narco trafficking. 0:38:50.280 --> 0:38:54.440 It's a very small percentage. You know, certainly when you 0:38:54.440 --> 0:38:56.160 look at south of the border, you think Mexico and 0:38:56.480 --> 0:39:00.280 drug cartels and other countries like that, but certainly not Venezuela. 0:39:00.400 --> 0:39:02.279 And even the government reporting up to this point and 0:39:02.320 --> 0:39:04.120 said now they're not really not on the radar for this, 0:39:04.440 --> 0:39:07.520 but you're making a case of what this is. And 0:39:07.640 --> 0:39:09.839 I wonder if that's a signal for other nations going off, 0:39:09.880 --> 0:39:12.319 they're going to go after Venezuela. It may be the 0:39:12.320 --> 0:39:14.880 bigger players next, So that even I think is going 0:39:14.880 --> 0:39:18.440 to get called a question by either Congress or the 0:39:18.480 --> 0:39:19.520 Supreme Court eventually. 0:39:21.080 --> 0:39:23.000 I think you're right, and I think if we're looking 0:39:23.040 --> 0:39:26.000 at this not just that, if we step back from 0:39:26.040 --> 0:39:28.200 whatever happened with these boats and look at the bigger 0:39:28.239 --> 0:39:31.319 picture here, I mean, it looks to me like of 0:39:31.360 --> 0:39:35.600 all the kind of narco terrorists, drug trafficking nations in 0:39:35.640 --> 0:39:38.320 South and Central America. They've picked the weakest one and 0:39:38.360 --> 0:39:41.640 the weakest government, which is Venezuela. We know that most 0:39:41.640 --> 0:39:43.920 of the FEDNOYL is coming up through Mexico, but we 0:39:44.000 --> 0:39:47.560 also know because of all kinds of geopolitical reasons, we're 0:39:47.560 --> 0:39:48.920 not going to invade Mexico. 0:39:49.040 --> 0:39:49.600 We can't. 0:39:49.960 --> 0:39:54.239 We know that's really the problem. And but Venezuela is 0:39:54.239 --> 0:39:57.719 probably these of those countries from how it's always been 0:39:57.760 --> 0:39:59.759 explained to me is they're very much involved in the 0:39:59.760 --> 0:40:02.080 coke king trade, but a lot of it goes to 0:40:02.160 --> 0:40:06.160 Europe from Venezuela for whatever reason. I mean, you know, 0:40:06.400 --> 0:40:08.680 you have the US is kind of a secondary market 0:40:08.800 --> 0:40:11.600 for their drugs. So it's clearly meant to send a 0:40:11.680 --> 0:40:14.600 signal to and destabilize and send a signal to the 0:40:14.600 --> 0:40:18.560 whole mass, the whole region, you know, by going after 0:40:18.680 --> 0:40:21.080 these boats in these very simininess, very small way. But 0:40:21.120 --> 0:40:24.640 also it looks like very slowly amassing troops and ships 0:40:24.640 --> 0:40:26.719 in that region. And the other thing I think kind 0:40:26.719 --> 0:40:29.880 of tone throw it into the mix is just this week, 0:40:31.160 --> 0:40:34.319 Trump pardoned the president of Honduras, who was in a 0:40:34.440 --> 0:40:38.520 US federal prison for cocaine traps. Yeah, so they and 0:40:38.880 --> 0:40:42.239 if you read all these together, it looks to me 0:40:42.600 --> 0:40:46.080 like the Trump administration is telling these folks down, you know, 0:40:46.160 --> 0:40:48.560 the presidents, the generals and the folks who are really 0:40:48.920 --> 0:40:51.319 kind of looking the other way or actually participating in 0:40:51.360 --> 0:40:53.600 the dirugt trade in these countries, like, hey, I'm going 0:40:53.680 --> 0:40:56.000 to be picking winners and losers here in a big way. 0:40:57.000 --> 0:40:58.279 And if you want to cut a deal with me, 0:40:58.360 --> 0:40:59.960 you ought to be cutting a deal with me right now. 0:41:00.040 --> 0:41:02.719 And absolutely going after Venezuela, which is sort of the 0:41:02.719 --> 0:41:06.640 weak link. It has to be about sending a message 0:41:06.920 --> 0:41:08.359 to Mexico particularly. 0:41:08.520 --> 0:41:11.680 Yeah, and I get the political gamesmanship that's going on here, 0:41:11.719 --> 0:41:14.080 Steve Goodin. But the other hand is, you know these 0:41:14.080 --> 0:41:17.160 are real kills. The one now when the question is 0:41:17.200 --> 0:41:20.719 the second strike, I'm looking at a court order. Well, 0:41:20.719 --> 0:41:22.640 it's from the US Court of Appeals about nine years 0:41:22.640 --> 0:41:25.080 ago that says if a soldier, and this is in 0:41:25.200 --> 0:41:28.440 your guys, is to be the army intentionally kills a pow, 0:41:28.640 --> 0:41:31.360 he commits murder. We don't kill POW's in the Navy. 0:41:31.680 --> 0:41:36.520 According to the Commander's Book of Naval Operations, enemy combatants 0:41:36.560 --> 0:41:39.680 or combatants or civilians defenseless because of a shipwreck also 0:41:39.719 --> 0:41:43.520 fall into that category. So I guess the observation here 0:41:43.560 --> 0:41:46.480 would be if you've already destroyed the ship and whatever 0:41:46.520 --> 0:41:49.560 that ship is carrying, yeah, I guess you don't have 0:41:49.640 --> 0:41:51.880 to rescue the prisoners in that case or the people 0:41:51.880 --> 0:41:54.520 who are still alive from that. But going and killing 0:41:54.560 --> 0:42:00.239 them that is that's a different type of me. It's 0:42:00.280 --> 0:42:02.719 an execution, is what it is. Does that not fall 0:42:02.719 --> 0:42:04.080 into the category of work rhymes in? 0:42:06.080 --> 0:42:06.279 Yeah? 0:42:06.320 --> 0:42:08.359 You know that That is the one piece of this 0:42:08.440 --> 0:42:11.839 where I think there will be some real investigation. I mean, 0:42:12.280 --> 0:42:14.360 that's again what they call the double tap. You have 0:42:14.480 --> 0:42:16.239 the you have the strike, you have the destructure, and 0:42:16.239 --> 0:42:19.200 then you come back and and hit it a second time. 0:42:19.680 --> 0:42:23.200 Uh and and you're right like particularly you know under 0:42:23.400 --> 0:42:26.520 under the navy rags. You know, a shipwrecked person is 0:42:26.560 --> 0:42:28.279 somebody that I guess you would in theory have an 0:42:28.320 --> 0:42:30.399 obligation to go back and help. But then the other 0:42:30.480 --> 0:42:33.080 question is going to be who gave the order, When 0:42:33.160 --> 0:42:35.640 was the order given, what was the context of the order. 0:42:36.000 --> 0:42:38.040 There's been a lot of talk, I guess by like 0:42:38.120 --> 0:42:40.839 Senator Mark Kelly and others about this idea that some 0:42:40.880 --> 0:42:44.359 of the individual troops involved could have could face court 0:42:44.440 --> 0:42:47.959 martial because they had an obligation to resist an illegal order. 0:42:48.040 --> 0:42:49.840 But in this case, I don't know that you know 0:42:49.920 --> 0:42:53.440 in the moment that it would be so obvious to 0:42:53.480 --> 0:42:56.600 the officer that this is illegal. I mean, these these 0:42:56.600 --> 0:42:59.800 individuals who were in the water were not POW's and 0:43:00.040 --> 0:43:02.360 I view, they were not subject to the genemic convention. 0:43:02.480 --> 0:43:04.920 They were not in our custody. You know, this was 0:43:04.960 --> 0:43:07.120 still kind of an active or what they may now 0:43:07.160 --> 0:43:11.000 call a kinetic operation. So there is going to be 0:43:11.080 --> 0:43:14.239 some inquiry into that about who gave the order. There's 0:43:14.239 --> 0:43:17.160 been conflicting reports. Some say it was heg Seth, the 0:43:17.280 --> 0:43:20.480 others say it's this admiral. There were some indication, but 0:43:20.719 --> 0:43:22.720 did it come from the president? All of that seems 0:43:22.760 --> 0:43:24.839 kind of unlikely that he would have been engaged in this. 0:43:24.880 --> 0:43:26.880 Kind of a granular level. 0:43:26.920 --> 0:43:30.400 But yes, that is the one part of these operations 0:43:30.400 --> 0:43:31.919 where I think there is going to be some look. 0:43:32.280 --> 0:43:34.960 But I also, you know, the flip side of this is, 0:43:35.200 --> 0:43:37.560 I mean from a political standpoint, and if this plays 0:43:37.560 --> 0:43:40.239 out in the congressional hearing, it will become a political matter. 0:43:40.320 --> 0:43:43.360 It's already become a political matter. I don't want to 0:43:43.400 --> 0:43:46.760 sound colder callous, but perhaps I am being colder callous 0:43:46.760 --> 0:43:50.520 in this is the countless lives that we have lost 0:43:50.560 --> 0:43:53.680 in this country to fetanyl and to drug addiction and 0:43:53.719 --> 0:43:56.440 to other things that these folks have profited on. And indeed, 0:43:56.640 --> 0:44:00.319 these folks were running drugs back and forth here. My 0:44:00.440 --> 0:44:02.759 gut is that the American people just aren't going to 0:44:02.840 --> 0:44:05.200 care about these two guys really running drugs. 0:44:06.080 --> 0:44:08.400 But that's really the crux of this, right Steve is like, 0:44:08.520 --> 0:44:10.520 I'm with you on that one. If you're bringing drugs 0:44:10.560 --> 0:44:12.680 and narcotics in this country, you deserve to get what's 0:44:12.680 --> 0:44:15.520 coming into a long time coming. But how are we 0:44:15.600 --> 0:44:19.080 sure that these are actually drug runners? That's the big question. 0:44:19.160 --> 0:44:22.360 And in any military operation, what kind of oversight is 0:44:22.360 --> 0:44:24.600 there to make sure that these are actually who they 0:44:24.600 --> 0:44:25.080 say they are? 0:44:26.680 --> 0:44:28.520 Well, and again that that's where a lot of the 0:44:28.560 --> 0:44:32.480 court martials end up falling apart in this area, because 0:44:32.600 --> 0:44:34.600 I mean, I mean, this is no different in my mind. 0:44:34.960 --> 0:44:37.040 For I mean, if you accept, I guess the idea 0:44:37.080 --> 0:44:40.759 that we were lawfully engaged with a and you know, 0:44:40.800 --> 0:44:43.560 in a in a in an armed conflict with these folks, 0:44:43.600 --> 0:44:47.160 which I think is the first big threshold question. You know, 0:44:47.200 --> 0:44:48.960 these are the kinds of questions that came up all 0:44:49.000 --> 0:44:51.000 the time in Iraq court martials, which is, you know, 0:44:51.239 --> 0:44:53.200 was that person was the person who was shot? 0:44:53.920 --> 0:44:54.840 Really? Uh? 0:44:54.960 --> 0:44:58.120 You know, really a terrorist really attacking troops? You know, 0:44:58.120 --> 0:44:59.960 were they really planning a roadside bomb? 0:45:00.640 --> 0:45:00.839 Uh? 0:45:00.880 --> 0:45:02.839 You know, these kinds of things really do. 0:45:03.000 --> 0:45:05.960 Hinge upon the intelligence and then a court martial setting 0:45:06.000 --> 0:45:07.919 if we're going if it does go that way, which 0:45:07.920 --> 0:45:10.319 it thinks unlikely, but if it does, you know, you 0:45:10.440 --> 0:45:12.880 really do have a jury of your peers and a 0:45:12.880 --> 0:45:15.880 court marcial. And I've tried a few court martials, I've 0:45:15.920 --> 0:45:17.480 seen the down of Fort Bragg. I mean, they you 0:45:17.960 --> 0:45:21.239 tend to you end up with a panel I call 0:45:21.280 --> 0:45:24.560 a jury there of soldiers or sailors who are. 0:45:24.520 --> 0:45:26.640 Your rank or higher. Uh. 0:45:26.719 --> 0:45:29.080 And and these are folks that tend to give you 0:45:29.160 --> 0:45:32.160 the benefit of the doubt on situations like this, particularly 0:45:32.239 --> 0:45:34.840 if you were relying on intelligence. So it really is 0:45:34.880 --> 0:45:36.840 going to boil down to a question of intelligence and 0:45:36.880 --> 0:45:39.600 who you want when. And look, if they're just out 0:45:39.600 --> 0:45:42.279 there randomly blowing boats up, I mean, I agree that's bad. 0:45:42.480 --> 0:45:44.560 And I agree that people look to the United States 0:45:44.560 --> 0:45:46.680 to have a higher standard, and we probably you know, 0:45:46.719 --> 0:45:50.520 and we should. But if there was credible intel there 0:45:50.719 --> 0:45:53.239 and uh and and this this whole you know, the 0:45:53.280 --> 0:45:56.240 public buys into and the Senate buys into the idea 0:45:56.280 --> 0:45:59.920 that we really are rightfully in conflict with these countries 0:46:00.040 --> 0:46:04.359 that are whose governments allow and encourage and sometimes you've 0:46:04.520 --> 0:46:08.080 promit from these drugs coming in. Then it's ultimately going 0:46:08.160 --> 0:46:10.279 to turn on a political question, and all these things 0:46:10.280 --> 0:46:13.960 about the Uniform Code to Military Justice and the Genevan Convention, 0:46:14.040 --> 0:46:15.680 a lot of that's going to fall by the wayside 0:46:15.680 --> 0:46:16.240 of my opinion. 0:46:16.400 --> 0:46:18.200 Yeah, I think it's going to be a difficult legal 0:46:18.280 --> 0:46:21.160 arm because you go, well, the reason why we're this 0:46:21.239 --> 0:46:24.080 is an act of war, right, because we've now taken 0:46:24.160 --> 0:46:27.919 Narco terrorists and projected them as essentially a standing army 0:46:28.000 --> 0:46:30.760 or war crimes, and so therefore we have military justification 0:46:30.800 --> 0:46:33.760 of attack. But if this is the report is true 0:46:33.800 --> 0:46:38.080 that you killed people who were essentially survivors of a 0:46:38.120 --> 0:46:40.959 shipwrecker in this case, an attack, and you killed them, 0:46:41.360 --> 0:46:44.640 the defense can't then be well, you know, the rules 0:46:44.680 --> 0:46:46.960 of war don't apply in this case. Because you essentially 0:46:47.000 --> 0:46:49.960 said they did earlier. That's a tough argument. The other 0:46:50.000 --> 0:46:52.399 element here too, and this is the political element. Steve 0:46:52.440 --> 0:46:55.120 goodin the Senate voted forty nine to fifty one against 0:46:55.120 --> 0:46:58.120 blocking unilateral authority for the president for these strikes. So 0:46:58.680 --> 0:47:02.840 the Congress's value to certain war powers contribute to this. 0:47:04.320 --> 0:47:05.880 Well, you know that's been going on forever. 0:47:05.960 --> 0:47:07.800 I mean, yeah, you know, the War Powers Act in 0:47:07.880 --> 0:47:10.600 nineteen seventy three was meant to sort of him in Nixon, 0:47:10.760 --> 0:47:14.440 you know, after the Cambodian bombings, and and really you know, 0:47:14.520 --> 0:47:18.200 it's on the books, but Congress has really never enforced it. 0:47:18.239 --> 0:47:21.840 And just the hard reality is, you know, we have 0:47:21.880 --> 0:47:24.120 a really declared war since World War Two, but yet 0:47:24.160 --> 0:47:26.200 we've been in Korea, we've been in Vietnam, we've been 0:47:26.200 --> 0:47:28.680 in Afghanistan, we're in Iraq, and you know, tens of 0:47:28.719 --> 0:47:31.319 thousands of casualties and you know, we you know, we've 0:47:31.360 --> 0:47:34.440 cost hundreds of thousands of casualties on the other side, 0:47:34.480 --> 0:47:36.399 you know, all without a declaration of war. 0:47:37.800 --> 0:47:40.080 But you know the reality is that. 0:47:40.280 --> 0:47:43.759 In today's world and its tied together as the whole 0:47:43.760 --> 0:47:47.360 world is, we have to have you know, our executive 0:47:47.360 --> 0:47:50.040 branch in our military has to have some autonomy to 0:47:50.120 --> 0:47:55.280 make these smaller, you know, these not through war it acts, 0:47:55.320 --> 0:47:58.560 but to engage in these kinds of operations or else 0:47:58.600 --> 0:47:58.960 we're going. 0:47:58.960 --> 0:47:59.200 To be. 0:48:01.000 --> 0:48:03.719 Sometimes they work out horribly and sometimes you know, they 0:48:03.760 --> 0:48:06.560 get ahead of the public and the public ultimately pushes back, 0:48:06.600 --> 0:48:08.799 which is what Frank ultimately occurred. 0:48:08.480 --> 0:48:11.200 In Vietnam and Iraq and other places. 0:48:11.280 --> 0:48:15.279 But you have to you know, these things ultimately do 0:48:15.400 --> 0:48:16.640 become political in a way. 0:48:16.800 --> 0:48:19.239 But in the in the short term, you know, you're right. 0:48:19.320 --> 0:48:21.919 I mean, the Senate is never really, not even since 0:48:22.000 --> 0:48:25.399 seventy three, really raining the president in a big way 0:48:25.400 --> 0:48:25.839 on these things. 0:48:25.960 --> 0:48:26.560 Is they're afraid to. 0:48:26.840 --> 0:48:30.760 Yeah, and we see presidencies. Was Biden and trumpet extension 0:48:30.800 --> 0:48:34.200 of that, an acceleration of that, and it's everything's done 0:48:34.200 --> 0:48:37.279 by executive order. Congresson do anything. You can't even get 0:48:37.280 --> 0:48:40.200 a budget together for crying out loud. And finally here too. 0:48:40.200 --> 0:48:42.000 You know, for those who think it's a Trump it's 0:48:42.080 --> 0:48:44.640 like this is as old as the president's up. I mean, 0:48:44.920 --> 0:48:47.880 if you think of you know, Clinton and Aristete and Haiti, 0:48:48.160 --> 0:48:50.719 you had Noriega and Panama, you had Bush, you had 0:48:50.719 --> 0:48:54.640 Obama with strikes. All these constitutional questions and war powers 0:48:54.640 --> 0:48:57.719 came in. This is just the latest incarnation of that 0:48:57.840 --> 0:49:00.279 under President Trump'll see how it plays out. Steve Good, 0:49:00.600 --> 0:49:02.879 attorney at law, former judge edicat General in the United 0:49:02.880 --> 0:49:06.760 States Army. Thanks again, Budd, appreciate the inside good stuff anytime. 0:49:07.200 --> 0:49:07.319 Star. 0:49:07.600 --> 0:49:09.600 Well, let's get a news update in and more to 0:49:09.600 --> 0:49:11.200 follow here. Get you caught up on the roads and 0:49:11.239 --> 0:49:13.640 roach are looking really good right now. Snow is about 0:49:13.719 --> 0:49:15.600 out of here too. One's the next round coming. We'll 0:49:15.719 --> 0:49:22.279 let you know next On seven hundred WW. Worlds look 0:49:22.360 --> 0:49:24.680 good as good as they can be at this point too, 0:49:24.680 --> 0:49:27.880 but getting better by the second and onward upward. Let's know, 0:49:27.960 --> 0:49:29.879 you should just get past the melting point this time 0:49:29.920 --> 0:49:32.759 tomorrow and just kind of a chance, you know, some 0:49:32.800 --> 0:49:35.759 flurries here and there for the duration anyway, so the 0:49:35.800 --> 0:49:38.520 worst is definitely behind us here slowly on seven hundred WW. 0:49:38.600 --> 0:49:40.680 Thanks for checking out the show on air. Online it's 0:49:40.719 --> 0:49:43.680 seven hundred WW dot com and of course you can 0:49:43.760 --> 0:49:46.680 take us wherever you go with the free iHeartRadio app. 0:49:46.680 --> 0:49:49.160 We portable that way and catch the podcast over the show. 0:49:49.320 --> 0:49:51.400 We Got You, We Got You. I was talking a 0:49:51.440 --> 0:49:55.080 little bit about this yesterday and I've now seen in 0:49:55.120 --> 0:49:56.919 the interim and maybe just because I was just talking 0:49:56.920 --> 0:50:00.920 about now two different stories that talked about out the 0:50:00.960 --> 0:50:04.680 insolvency of Social Security just kind of to recap and 0:50:04.719 --> 0:50:07.640 my thoughts on this is we've known this was coming 0:50:07.680 --> 0:50:11.840 for forty years, but for the first time candidates for 0:50:12.000 --> 0:50:14.800 Senate in next year's midterms, because that's all I tell you, 0:50:14.880 --> 0:50:17.960 the midterms, a midterm. I know, I wouldn't say the 0:50:18.000 --> 0:50:22.000 least political person here at the station, but because it 0:50:22.000 --> 0:50:24.680 does impact us, for sure, it's important, but it's not 0:50:24.760 --> 0:50:28.200 the center of my life. I'm oyl Leary to people 0:50:28.200 --> 0:50:31.200 who everything is that's about, like following this primary or 0:50:31.200 --> 0:50:33.800 that's primary. It's a selection in Tennessee today for example, 0:50:33.840 --> 0:50:37.240 Like Okay, well it's interesting, but not like the country 0:50:37.239 --> 0:50:38.160 hangs the balance here. 0:50:38.200 --> 0:50:39.560 You might think it does, but it doesn't. 0:50:40.000 --> 0:50:43.560 Candidates in next year's midterms, though, are going to have 0:50:43.560 --> 0:50:45.799 to address the issue of insolvency when it comes to 0:50:45.840 --> 0:50:48.839 Social Security so eleven months from because this is going 0:50:48.880 --> 0:50:52.000 to come due on their watch, essentially proving again there's 0:50:52.000 --> 0:50:55.160 no free launch, right. So the Social Security and Retirement 0:50:55.200 --> 0:50:57.959 Fund as we know it'll be depleted in twenty thirty three, 0:50:58.800 --> 0:51:01.279 and if that indeed happened, and again that's a big 0:51:01.320 --> 0:51:03.480 if to because Congress can just take more money from 0:51:03.480 --> 0:51:05.880 somewhere else and patch it. But that's still a lot 0:51:05.920 --> 0:51:09.880 of money. It's a what one percent, roughly one percent 0:51:09.920 --> 0:51:13.400 of our GDP, so you know, it seems like a 0:51:13.400 --> 0:51:15.000 lot of money. But they could find a way to 0:51:15.000 --> 0:51:16.960 fix at least quite a band aid. And they've done 0:51:16.960 --> 0:51:19.520 this with the budget, you know, continuing resolutions. That's all 0:51:19.560 --> 0:51:22.080 it is, is kicking the can down the road. But again, 0:51:22.120 --> 0:51:23.839 it just adds more and more to that debt bomb, 0:51:23.840 --> 0:51:26.080 which is a much bigger issue that's on the horizon, 0:51:26.120 --> 0:51:29.600 and this will just accelerate that process. When we can 0:51:29.600 --> 0:51:31.279 no longer service the debt on our loans and then 0:51:31.280 --> 0:51:33.520 we're in real trouble. That's pretty much turn the lights 0:51:33.520 --> 0:51:37.359 out if that indeed happens. Well to the Social Security though, 0:51:37.920 --> 0:51:39.920 as we all get older and get closer to it, 0:51:40.040 --> 0:51:42.719 we don't want people touching our benefits because we quote 0:51:42.760 --> 0:51:46.160 unquote earned it. This is my money, it's not your money, 0:51:46.200 --> 0:51:49.440 it's not my money. What happened was they spent your 0:51:49.440 --> 0:51:52.640 money out of the other things. They put a patch 0:51:52.680 --> 0:51:54.920 in forty years ago to deal with this issue, and 0:51:54.920 --> 0:51:56.480 that was, you know, throwing some more money in the 0:51:56.480 --> 0:51:58.320 trust fund, but that's going to be depleted again in 0:51:58.360 --> 0:52:02.680 twenty thirty three. The reality is the average beneficiary is 0:52:02.680 --> 0:52:04.600 about two thousand dollars a month. You'll see that down 0:52:04.640 --> 0:52:08.120 to about fifteen hundred dollars a month if indeed this 0:52:08.520 --> 0:52:12.839 goes on. Because we have the Baby Boom generation, which 0:52:12.880 --> 0:52:15.799 is at peak retirement. Youngest are now well almost they 0:52:15.800 --> 0:52:17.759 were at though sixty one, oldest is seven almost eighty 0:52:17.800 --> 0:52:21.480 years old, and we're not reproducing the population at the 0:52:21.480 --> 0:52:24.320 same right, so we have fewer workers to support more people. 0:52:24.360 --> 0:52:26.480 That model, and I saw that in my lifetime, which 0:52:26.520 --> 0:52:28.360 is why I'm a big proponent about on. But to 0:52:28.360 --> 0:52:31.200 say relative to private investment, as I saw my dad 0:52:31.200 --> 0:52:33.400 go through this. My dad was worked in steel mills, 0:52:34.640 --> 0:52:37.719 and your kid, you kind of know what's going to 0:52:37.719 --> 0:52:40.480 but you really don't know what's going on. When he 0:52:40.560 --> 0:52:45.359 was in his forties, maybe late thirties, early forties, the 0:52:45.360 --> 0:52:47.719 pension and steel completely went away. He was left little 0:52:47.800 --> 0:52:49.520 with pennies on the dollar left hold in the bag. 0:52:49.560 --> 0:52:51.520 And this is before they kicked in, Hey, listen, we're 0:52:51.520 --> 0:52:53.600 going to have to have insurance on pensions that didn't 0:52:53.640 --> 0:52:56.000 exist in his era. He watched his dad and his 0:52:56.040 --> 0:52:58.600 grandfather work for thirty years and get a gold watch. 0:52:58.680 --> 0:53:00.719 He was expecting the same, and they change the rules 0:53:00.760 --> 0:53:02.759 on them and a whole generation of people. I saw 0:53:02.800 --> 0:53:04.680 that and what it did to him could never really 0:53:04.719 --> 0:53:09.319 recover and it made me steadfastly and that before when 0:53:09.320 --> 0:53:10.880 it come to find this, going wow, you've got to 0:53:10.880 --> 0:53:15.000 really take care of yourself. You've got to make sure 0:53:15.040 --> 0:53:17.200 you set some money aside as difficult as it might be, 0:53:17.239 --> 0:53:18.960 you're gonna have to make some tough, tough choices in 0:53:19.040 --> 0:53:21.560 order to save a little bit of money at some point, 0:53:21.600 --> 0:53:23.440 because it's going to be totally dependent on that they 0:53:23.480 --> 0:53:26.879 can't take away from you. And so now we look 0:53:26.920 --> 0:53:29.520 ahead to this twenty twenty three or twenty thirty three, 0:53:29.640 --> 0:53:32.799 rather three hundred and fifty billion dollars shortfall in this thing. 0:53:33.000 --> 0:53:38.200 And now it's just that accelerated because also as part 0:53:38.239 --> 0:53:42.640 of the One Beautiful Bill, one big Beautiful Bill, we 0:53:42.680 --> 0:53:45.400 know that seniors got a break when it came to pensions, 0:53:45.440 --> 0:53:50.120 jobs and taxes on what they pay. That helped accelerate 0:53:50.160 --> 0:53:53.080 it by I think another year and a half. So 0:53:53.120 --> 0:53:55.800 when it reduced income rates paid by seniors, that decrease 0:53:55.840 --> 0:53:58.319 the revenue flow into the trust fund, and insolvency got 0:53:58.320 --> 0:54:00.799 moved up to now twenty thirty three, so it got 0:54:00.840 --> 0:54:03.719 a little bit worse in that regard as well. And 0:54:03.760 --> 0:54:06.200 I've always said, I think the future test of patriots 0:54:06.239 --> 0:54:09.319 and it may be me it maybe you, is not 0:54:09.440 --> 0:54:13.319 going to be you know, studying the constitution and rallying 0:54:13.360 --> 0:54:16.040 around amendments, first amendments, second Amendment, whatever it might be. 0:54:16.080 --> 0:54:17.680 It's going to be, hey, we're going to have to 0:54:17.719 --> 0:54:20.320 get less benefits and pay more money in order to 0:54:20.400 --> 0:54:21.840 right size this thing. And it looks like that that 0:54:21.960 --> 0:54:24.240 is coming to fruition here in the next eleven years 0:54:24.239 --> 0:54:27.480 for sure. But all along and the way to fix 0:54:27.480 --> 0:54:30.480 the thing in this guy, of course destroyed by progressives 0:54:31.120 --> 0:54:33.520 because you want a safety blanket there. The government's job 0:54:33.560 --> 0:54:35.600 is to protect you. But what do they actually do. 0:54:35.640 --> 0:54:39.560 They don't really do they good job in countries like Chile, 0:54:39.680 --> 0:54:42.680 I know, Mexico, Australia, I was just there. Britain does 0:54:42.680 --> 0:54:45.920 this and they've made a transition from social security to 0:54:46.440 --> 0:54:50.080 individual retirement compliants, and it seems to be working there. 0:54:51.040 --> 0:54:53.920 The way to do this is just to let people 0:54:53.960 --> 0:54:56.800 keep their own money. I get what happened when FDR 0:54:56.840 --> 0:54:59.360 initiated social security back in the day because of the 0:54:59.360 --> 0:55:02.560 Great Depression. But the thing we live our lives to 0:55:02.600 --> 0:55:04.920 say what we did in the nineteen thirties and nineteen twenties, 0:55:05.000 --> 0:55:08.319 nineteen thirties, and the whole depression was accelerated by the 0:55:08.320 --> 0:55:11.360 way we you know, piece of people. Basically it was 0:55:11.719 --> 0:55:15.640 had right. People were buying on we're buying stock with 0:55:15.760 --> 0:55:18.759 the expectation I'll go up forever. But they were doing 0:55:18.760 --> 0:55:21.000 it on credit, and when they called the credit, no 0:55:21.040 --> 0:55:23.560 one had it. Everyone was underwater, kind of like what 0:55:23.640 --> 0:55:25.319 happened with the housing market in two thousand and eight. 0:55:25.360 --> 0:55:28.000 To a large degree. Today though we know at least 0:55:28.000 --> 0:55:30.560 we think we know a lot better than that. And 0:55:30.600 --> 0:55:32.239 the thing is everyone wants to guarantee It's like social 0:55:32.239 --> 0:55:33.960 security is guaranteed. Well, what if the markets go down. 0:55:34.200 --> 0:55:36.839 The markets may go down, but they do go back up. 0:55:38.440 --> 0:55:40.120 You may lose in the short term, but the long 0:55:40.200 --> 0:55:42.239 term you'll gain. It's always been that case because we're 0:55:42.239 --> 0:55:45.600 investing in future development and building and companies, et cetera, 0:55:45.640 --> 0:55:48.280 et cetera. That's part of how this whole thing works. 0:55:48.320 --> 0:55:50.120 And I understand there's so many people in this country 0:55:50.160 --> 0:55:52.640 that are risk averse that no, no, I want my 0:55:52.680 --> 0:55:53.399 guaranteed money. 0:55:53.440 --> 0:55:53.799 We just don't. 0:55:53.800 --> 0:55:56.279 We don't do pensions anymore, and those are largely going 0:55:56.320 --> 0:55:59.920 away for that reason, seems to me. And you know, 0:56:00.080 --> 0:56:03.000 when you look at the private accounts, the rate return 0:56:03.080 --> 0:56:07.080 on it is much higher than Social Security. You know, 0:56:07.200 --> 0:56:09.520 and if people start opting out I mentioned younger people 0:56:09.520 --> 0:56:12.600 would that would be the death of Social Security for sure, 0:56:13.840 --> 0:56:15.680 because you know, you pay to administer the tax and 0:56:15.719 --> 0:56:18.160 bureaucracy and the Social Security administration and all that, when 0:56:18.280 --> 0:56:20.759 you could just invest in, pay a fund manager and 0:56:20.800 --> 0:56:23.000 get money back on it and still be ahead of 0:56:23.000 --> 0:56:26.480 the game. You're talking what twelve I think twelve point 0:56:26.560 --> 0:56:29.880 four percent taxes what we pay for Social Security. And 0:56:30.040 --> 0:56:31.399 you know, if you're paying into this and been paying 0:56:31.520 --> 0:56:33.400 enter did it for a long time, and there's a 0:56:33.480 --> 0:56:36.840 threat you may not get that money back. That's a 0:56:36.840 --> 0:56:40.239 different thing entirely. And the old adage about well I 0:56:40.320 --> 0:56:42.480 paid into if that's my money, No, they've they've done 0:56:42.480 --> 0:56:45.319 other things. It's not sustaining itself anymore because we're paying 0:56:45.320 --> 0:56:47.520 out so many benefits to people are retired right now 0:56:47.760 --> 0:56:50.680 that the future generations are retirees are in jeopardy. Now again, 0:56:50.960 --> 0:56:52.359 do I think this is going to happen? And most 0:56:52.360 --> 0:56:54.239 experts will tell you no, they're going to fix this thing, 0:56:54.239 --> 0:56:56.520 They're going to patch it. But again it's with more 0:56:56.560 --> 0:56:58.839 bowered money as opposed to actually fixing the root cause 0:56:58.840 --> 0:57:01.080 of this thing. If you just get away with Social 0:57:01.080 --> 0:57:05.080 Security and we're left to your own devices to invest, 0:57:05.360 --> 0:57:07.560 how many people would And I think that's the scary part. 0:57:07.640 --> 0:57:10.880 You know, we know that Americans were really bad at investing. 0:57:11.960 --> 0:57:14.799 Now there are many people will tell you, well, it's 0:57:14.800 --> 0:57:18.200 because you you know, buy avocado toast and get tattoos. 0:57:19.160 --> 0:57:23.360 That's not necessarily true. Certainly, today's generation is faced with 0:57:23.440 --> 0:57:25.760 an earnings crisis. We haven't had to face that. My 0:57:25.880 --> 0:57:28.920 generation has seen it to some degree. But you know, 0:57:29.000 --> 0:57:32.200 younger generations are really getting squeezed. Gen Zers for example, 0:57:33.040 --> 0:57:37.400 you know, aren't buying Christmas and spending money Christmas as 0:57:37.400 --> 0:57:39.720 they have generations past, because it's so tight on money, 0:57:39.760 --> 0:57:42.480 with student loans and the cost of everything, inflation going 0:57:42.520 --> 0:57:44.480 up as they're just they're out of that line of 0:57:44.480 --> 0:57:47.240 work buying houses and all that stuff. So we're depending 0:57:47.240 --> 0:57:49.600 on them to buy stuff and work in order to 0:57:49.600 --> 0:57:51.720 fund our lifestyle and that's just simply not happening at 0:57:51.720 --> 0:57:54.360 this point. So I feel for younger generations for sure, 0:57:54.400 --> 0:57:58.520 because it's not lifestyle chases the choices they're making that 0:57:58.560 --> 0:58:02.000 are causing them to out largely be poor. But it's 0:58:02.000 --> 0:58:04.080 because of economic forces, for sure, and something we got 0:58:04.120 --> 0:58:06.600 to figure out in this country. If we don't, it's 0:58:06.640 --> 0:58:08.960 at our own peril because if you're older, you to 0:58:09.040 --> 0:58:10.560 bet on younger people to keep you afloat. 0:58:10.840 --> 0:58:12.320 That's how the system works. 0:58:12.320 --> 0:58:14.880 Called a Ponzi scheme if you will, but that's how 0:58:14.880 --> 0:58:18.040 the system goes. It seems to me like I would 0:58:18.040 --> 0:58:20.080 think that if we did this, younger people would not 0:58:20.160 --> 0:58:24.080 save money at all for retirement. But maybe at some 0:58:24.120 --> 0:58:25.960 point you do make money, get money back, and you 0:58:26.040 --> 0:58:26.840 do something with that. 0:58:26.880 --> 0:58:27.320 It's on you. 0:58:27.360 --> 0:58:29.400 And then what happens when you have all these people 0:58:29.400 --> 0:58:33.000 who aren't participating in the system with then Now we 0:58:33.040 --> 0:58:35.160 do have course plenty of good charities out there. I 0:58:35.200 --> 0:58:37.720 think people would be more charitable, and we have churches 0:58:37.760 --> 0:58:39.720 and other institutions out there in a safety net to 0:58:39.760 --> 0:58:41.560 some degree, but it's not run by the government. 0:58:41.600 --> 0:58:43.120 I think that's what bothers a lot of people. 0:58:43.720 --> 0:58:46.840 It just seems like, you know, I'm pretty much leave 0:58:46.880 --> 0:58:49.240 government out of my life kind of guy. If I'm 0:58:49.280 --> 0:58:52.160 an old school conservative maybe, but more libertarian going well, 0:58:52.360 --> 0:58:53.800 you know, again, there's a lot of things you got 0:58:53.800 --> 0:58:56.360 to do as an adult to prepare yourself for the future, 0:58:56.400 --> 0:58:59.000 whether it's health or education. 0:58:58.720 --> 0:58:59.400 Whatever it might be. 0:59:00.040 --> 0:59:02.120 You know, when you hit that period of adulthood, there's 0:59:02.160 --> 0:59:03.600 a lot of adult things you have to do. One 0:59:03.600 --> 0:59:05.640 of those is making sure you've got trying as best 0:59:05.640 --> 0:59:07.640 you can to set money ahead, not only for a 0:59:07.720 --> 0:59:11.320 rainy day, but for retirement. And I'm not you know, 0:59:12.880 --> 0:59:15.120 telling you you suck as a person because you're not 0:59:15.200 --> 0:59:17.880 doing that. As I said, I fully understand the economic 0:59:17.920 --> 0:59:20.240 realities out there, especially for younger people. It's difficult for 0:59:20.280 --> 0:59:22.800 you to save any money, let alone for retirement. It's 0:59:22.800 --> 0:59:24.720 such and you know, let's face it, in your twenties. 0:59:24.720 --> 0:59:26.240 I mean, I was the first I'm part of that 0:59:26.880 --> 0:59:29.800 Gen X or crowd that came along post pension, as 0:59:29.800 --> 0:59:32.880 I mentioned with my dad and first generation too, and 0:59:32.920 --> 0:59:34.600 we're starting to see those of us who are older 0:59:34.600 --> 0:59:38.520 gen xers start to retire. Now we're seeing them. We're 0:59:38.560 --> 0:59:41.960 seeing them retire solely based on four own case. I mean, 0:59:42.000 --> 0:59:44.560 pensions are some people get pensions, for sure, if that's 0:59:44.560 --> 0:59:47.080 you gay, good job, But largely it's in the public sector. 0:59:47.280 --> 0:59:50.240 Private sector's done away with that, and there's plenty. I 0:59:50.280 --> 0:59:51.880 don't know what the stats are because it's too early 0:59:51.920 --> 0:59:54.680 to tell how well we've saved as that generation's a 0:59:54.800 --> 0:59:58.280 cohort towards retirement ourselves, because we're the first generation to 0:59:58.400 --> 1:00:04.040 have to fund it on our own entirely. That said, 1:00:04.280 --> 1:00:06.800 I you know, it seemed all these years there's enough 1:00:06.840 --> 1:00:08.680 people in that group to look at it and get 1:00:08.680 --> 1:00:11.320 a good sample. I would think of how prepared you 1:00:11.360 --> 1:00:14.720 are to no longer work now Some people admittedly I'm 1:00:14.680 --> 1:00:15.840 going to wind up work on the rest of my 1:00:15.880 --> 1:00:18.240 life is what they will tell you. And you know, 1:00:18.280 --> 1:00:20.400 there's plenty of peple who enjoy their job, their career path, 1:00:20.480 --> 1:00:23.400 whatever their business, and want to work until they fall over. 1:00:23.640 --> 1:00:25.200 And good for you if that's what you want to do. 1:00:26.360 --> 1:00:28.600 But I think there's the majority of people just want 1:00:28.640 --> 1:00:30.880 to would love to stop working at some point and 1:00:30.920 --> 1:00:32.480 call quits the pull up stakes and said that said 1:00:32.480 --> 1:00:34.560 I'm tired of working. I want to relax now, or 1:00:34.600 --> 1:00:36.920 it just simply physically can't do it anymore. And for 1:00:36.960 --> 1:00:38.600 those people who do that and have to work, that's 1:00:38.600 --> 1:00:41.640 really sad. But we've known it for a long time. 1:00:41.640 --> 1:00:43.760 It's kind of companed upon you to say, for retirement, 1:00:44.120 --> 1:00:47.080 looking at social security is more of a benefit and go, hey, 1:00:47.280 --> 1:00:49.040 you know, if I get it, it's gravy on top 1:00:49.080 --> 1:00:52.840 of what I've already invested and saved. But so many 1:00:52.880 --> 1:00:55.040 people look at that as the primary source of social 1:00:55.040 --> 1:00:57.720 Security is retirement, and that's that was never designed for that. 1:00:57.960 --> 1:01:00.840 It was to make sure basically that the very the 1:01:00.920 --> 1:01:03.800 very basics of life. And this is even FDR said, 1:01:03.840 --> 1:01:07.000 this isn't about you know, you go on vacation and 1:01:07.000 --> 1:01:09.720 buying a new car every couple of years and you're 1:01:09.760 --> 1:01:11.200 not going to get that much money back. It's just 1:01:11.200 --> 1:01:13.280 simply out of the cards. But it's enough to maybe 1:01:13.320 --> 1:01:16.640 buy medicine or food or the very basic necessities of life, 1:01:16.640 --> 1:01:18.560 but you've got to cover the rest yourself. So it 1:01:18.640 --> 1:01:20.480 was never designed for this. Hey you know, I can 1:01:20.560 --> 1:01:23.440 retire in two thousand dollars a month, and you know 1:01:23.640 --> 1:01:25.520 my house, maybe my house if I have one, is 1:01:25.560 --> 1:01:28.120 paid for. But you're able to afford everything else in 1:01:28.160 --> 1:01:30.040 life and to be tight. But I can get it 1:01:30.080 --> 1:01:32.840 was that designed for that? It was about it's mainly supplemental, 1:01:32.840 --> 1:01:35.360 and I think that's something else in the entitlement crowd 1:01:35.360 --> 1:01:38.600 we got wrong. So and an als I look at 1:01:38.640 --> 1:01:40.320 this guy. I just I don't know if this is 1:01:40.360 --> 1:01:45.520 solvent anymore in a sense that that Social Security needs. 1:01:45.360 --> 1:01:46.800 To die that death. How would you do that? I 1:01:46.800 --> 1:01:47.080 don't know. 1:01:47.120 --> 1:01:50.400 I've heard plans about facing it out over ten years 1:01:50.440 --> 1:01:54.440 basically and or cutting having a cut off. Perhaps that 1:01:54.480 --> 1:01:55.880 And I think that's the other thing is how the 1:01:55.920 --> 1:01:57.920 hell do you get out of this? That's a difficult. 1:01:58.000 --> 1:02:00.200 Park One quick calling this before I get it news 1:02:00.240 --> 1:02:01.760 updating here on seven hundred w A do able to 1:02:01.760 --> 1:02:03.560 make a Mike and Clairmont County on it on seven 1:02:03.640 --> 1:02:05.400 hundred w W Scott Slunsho, what's up, Mike? 1:02:07.120 --> 1:02:11.600 You were equating solo security to steel workers pension fund. 1:02:11.640 --> 1:02:14.919 The dibbers is those security is mandated. You can't opt out, 1:02:15.040 --> 1:02:17.320 never could you can't. You're you're you'd. 1:02:17.160 --> 1:02:18.600 Have to that's what I'm saying. You'd have to you'd 1:02:18.600 --> 1:02:20.640 have to phase it, you'd have to phase it out. 1:02:22.120 --> 1:02:24.200 Well, I'm saying though, but you know, that's why it 1:02:24.320 --> 1:02:27.880 is entitled, and we did pay it in and we 1:02:28.040 --> 1:02:29.920 are entitled to get it back down. If I put 1:02:29.960 --> 1:02:32.360 money in the bank on an interest rate. 1:02:32.360 --> 1:02:35.280 They have to pay it back. And that's basically what 1:02:35.360 --> 1:02:36.520 you did in close security. 1:02:36.560 --> 1:02:37.280 You paid it in. 1:02:37.200 --> 1:02:41.080 With the promise of getting it back yep, when you retirement. 1:02:41.160 --> 1:02:43.840 Yeah, it's but a big one. It's a promise, not 1:02:43.880 --> 1:02:45.919 a contract. I'm saying, is if there's no money left 1:02:45.960 --> 1:02:47.560 because we have it was all built on the fact 1:02:47.600 --> 1:02:50.400 we had more workers and retirees. Now we have more 1:02:50.400 --> 1:02:52.880 retires than workers. It's not the same. And that's essentially 1:02:52.880 --> 1:02:55.200 what happened with my you know, with pensions in America, 1:02:55.240 --> 1:02:58.120 my dad's pension for Gentlin Steel is you know, American 1:02:58.160 --> 1:03:00.360 steel got off short and left and there were enough 1:03:00.360 --> 1:03:02.880 workers to support the retirees. And that happened in the auto 1:03:02.920 --> 1:03:05.360 industry for that matter as well. So it's you know, 1:03:05.480 --> 1:03:07.800 whether it's whether it's fair or not, is that that's 1:03:07.800 --> 1:03:10.240 that's debatable, but that's the reality of it. There's just 1:03:10.240 --> 1:03:12.320 not enough money left and where's that going to come from? 1:03:12.440 --> 1:03:14.120 Is the big question. And they've got to address this 1:03:14.200 --> 1:03:16.440 in the next eleven years for sure. Got to get 1:03:16.440 --> 1:03:18.840 a news update in more to follow. None of you 1:03:18.840 --> 1:03:22.080 saw this. If you're headed downtown the Convention Center Hotel 1:03:22.120 --> 1:03:24.720 as a go because they're going to add a tax 1:03:25.240 --> 1:03:28.000 every time you buy a meal or a drink in 1:03:28.080 --> 1:03:31.040 areas of downtown Cincinnati. Joe Runemil from three c DC 1:03:31.120 --> 1:03:32.600 will lay it out of force. Next on the Scots 1:03:32.600 --> 1:03:34.800 Fland Show seven hundred WWD Cincinnati. 1:03:35.000 --> 1:03:37.560 You want to be in a man. 1:03:38.320 --> 1:03:40.600 He's got a clone on this. Snow is Tuesday morning, 1:03:40.640 --> 1:03:44.200 seven hundred w WELW. Snow is behind us now, of course, 1:03:44.200 --> 1:03:45.800 so we can talk about some other things, and that 1:03:45.840 --> 1:03:48.800 includes starting in March twenty twenty six, if you go 1:03:48.880 --> 1:03:51.919 downtown to eat at a restaurer on Relisa a certain 1:03:51.920 --> 1:03:53.480 area and some restaurants and bars are going to add 1:03:53.480 --> 1:03:56.120 a one percent fee on all their sales. That's going 1:03:56.160 --> 1:03:59.360 to help finance the five hundred million dollar plus seven 1:03:59.480 --> 1:04:02.080 hundred room Marriott Convention Center Hotel. It's going to go 1:04:02.160 --> 1:04:05.120 in right and Brenton right next to the newly redundant 1:04:05.200 --> 1:04:07.120 Duke Energy Convention Center on that from. 1:04:07.000 --> 1:04:07.800 Three c DC. 1:04:08.360 --> 1:04:10.160 He's the guy that put it all together. That's Joe 1:04:10.240 --> 1:04:12.360 Rude Milli. It's all his idea. Joe welcome. 1:04:12.400 --> 1:04:12.919 How you been. 1:04:12.840 --> 1:04:15.720 Buddy, it's been great. Thanks for having me on. 1:04:15.800 --> 1:04:18.200 Yeah, good job on this one. Everyone wants to pay more. 1:04:20.760 --> 1:04:23.760 It's it's interesting because you hear that, you go, man 1:04:24.040 --> 1:04:26.360 another tax. You know, if you live in Hamlin County, 1:04:26.360 --> 1:04:28.920 you're hit by the uh. You know you're supposed to 1:04:28.920 --> 1:04:31.320 get that property tax rebate of Atalisia Reeson talking about 1:04:31.320 --> 1:04:33.320 how well that's not going to come back to anytime soon. 1:04:34.040 --> 1:04:36.040 We're seeing more and more taxes and then there's another 1:04:36.080 --> 1:04:36.680 one percent. 1:04:37.240 --> 1:04:39.720 Uh. There's going to be a tough sell to bargain restaurants, 1:04:39.760 --> 1:04:40.240 or wasn't it. 1:04:41.880 --> 1:04:42.400 Yeah, it was. 1:04:42.480 --> 1:04:46.000 I mean, look, the bargain restaurants didn't want to add 1:04:46.000 --> 1:04:48.000 an extra fee, and I won't point out it's a fee, 1:04:48.040 --> 1:04:49.920 not a tax, first of all. 1:04:49.720 --> 1:04:51.240 And it's a usage fee. 1:04:51.280 --> 1:04:53.320 So it's people who are at these restaurants in the 1:04:53.320 --> 1:04:56.439 Fountain district that really are going to be the ones 1:04:56.520 --> 1:04:59.160 that benefit the most from this new hotel and all 1:04:59.160 --> 1:05:02.360 the people that were going to be bringing downtown with 1:05:02.440 --> 1:05:05.760 the construction of the hotel, with the new Convention Center 1:05:05.800 --> 1:05:08.120 and the modernization there, as well as the Elm Street 1:05:08.120 --> 1:05:11.080 players that we that we just opened up with the 1:05:11.200 --> 1:05:14.440 brand new UC Health ice rink. So I think it's 1:05:14.440 --> 1:05:17.680 a credit to the businesses for them stepping up. And 1:05:17.760 --> 1:05:21.040 I think they saw essentially without their participation, this hotel 1:05:21.040 --> 1:05:23.680 couldn't be built, and so I want to credit them 1:05:23.720 --> 1:05:27.000 and thank them honestly for stepping up. And as I mentioned, 1:05:27.040 --> 1:05:28.640 they didn't want to add an extra fee, but it's 1:05:28.680 --> 1:05:30.000 necessary for the community. 1:05:30.040 --> 1:05:31.640 And ultimately, I think. 1:05:31.520 --> 1:05:33.960 They saw the importance of this project for our downtown 1:05:33.960 --> 1:05:34.640 in the whole region. 1:05:34.680 --> 1:05:37.920 How do you picture this to them? 1:05:38.000 --> 1:05:41.640 Essentially just that you know, we're making this generational investment 1:05:41.640 --> 1:05:44.440 in our convention district and everybody else has come to 1:05:44.480 --> 1:05:47.200 the table. You have money from the city, the county, 1:05:47.240 --> 1:05:50.360 the state, three CDC visits, since the support, everybody is 1:05:50.360 --> 1:05:53.120 at the table. The hotel operators have added a one 1:05:53.160 --> 1:05:56.440 percent feed to the transit occupancy tack that's been in 1:05:56.480 --> 1:05:59.320 place for a year. And so essentially we went to 1:05:59.320 --> 1:06:01.680 the restaurant tour and said, look, we understand you don't 1:06:01.680 --> 1:06:05.040 want to add this fee, but without your participation in this, 1:06:05.760 --> 1:06:08.880 we can't build this hotel. It's a complicated financing stack, 1:06:09.520 --> 1:06:11.440 a lot of different sources. As I mentioned, there's a 1:06:11.440 --> 1:06:14.600 ton of parties that are involved. But without this piece, 1:06:14.880 --> 1:06:18.440 we can't close that gap. And so they said, we understand. 1:06:18.640 --> 1:06:21.480 We love our community. It's an exciting time for Cincinnati. 1:06:21.560 --> 1:06:24.880 This is us making a collective investment in the community. 1:06:25.080 --> 1:06:28.360 Yeah, I know that Jose sales are of course, you know, 1:06:28.400 --> 1:06:30.600 one of our best chefs in Cincinnati opened his new 1:06:30.640 --> 1:06:33.760 restaurant in that air, specifically because of the proximity of 1:06:33.760 --> 1:06:36.520 the convention Center and the hotel. But if you're a 1:06:36.560 --> 1:06:39.600 business it's already operating this area before the convention hotel 1:06:39.680 --> 1:06:42.880 was planned. Was there pushback more from them than from 1:06:42.920 --> 1:06:43.880 the newcomers. 1:06:44.680 --> 1:06:46.280 Well, I think there are a lot of questions and 1:06:46.560 --> 1:06:49.919 trying to understand what this was. I think whether it's 1:06:50.120 --> 1:06:54.240 a long standing business or one that's opening new. Obviously, 1:06:54.360 --> 1:06:56.920 these past you know, eighteen months while we've been under 1:06:57.040 --> 1:06:59.280 construction on the convention Center have been difficult. 1:06:59.840 --> 1:07:02.520 I think we all collectively. 1:07:01.960 --> 1:07:05.280 Agree that when this new, modernized convention center opens, when 1:07:05.280 --> 1:07:08.560 the hotel is added, it is going to be massively 1:07:08.600 --> 1:07:11.560 impactful for all of those whether they've been operating a 1:07:11.560 --> 1:07:13.440 long time or they're brand new. And so I think 1:07:13.760 --> 1:07:16.880 they recognize the foot traffic and the activity that this 1:07:16.960 --> 1:07:20.360 investment is going to make in the area. And so 1:07:20.520 --> 1:07:23.360 when it came down to it, ultimately, you know, this 1:07:23.520 --> 1:07:26.560 is one penny per dollar spence, right, and so if 1:07:26.640 --> 1:07:28.960 you go down and you're eating at a restaurant or 1:07:28.960 --> 1:07:31.080 getting a drink at a bar in the Fountain District 1:07:31.320 --> 1:07:33.240 and your tab is twenty five dollars, you're going to 1:07:33.240 --> 1:07:36.200 add another quarter to that. If it's fifty dollars, fifty cents, right, 1:07:36.320 --> 1:07:38.440 If it's one hundred bucks, it's a dollar. And so 1:07:39.080 --> 1:07:42.040 I think ultimately they recognized that while they didn't want 1:07:42.040 --> 1:07:44.840 to add another fee, it was necessary, and so they 1:07:44.880 --> 1:07:47.120 wanted to be good community partners and they really stepped 1:07:47.160 --> 1:07:49.440 us to the plate just like all these other organizations have, 1:07:49.880 --> 1:07:53.240 and they understood really the bigger picture of what we're trying. 1:07:52.960 --> 1:07:54.560 To ACCOLI here sure makes sense. 1:07:54.640 --> 1:07:58.000 Joe Rudimiller from three CDC on talking about the one 1:07:58.040 --> 1:08:01.400 percent restaurant in bar Tech. It's going to hit businesses 1:08:01.520 --> 1:08:05.520 around the new Convention Center and hotel and on that. 1:08:06.160 --> 1:08:09.400 There's no formal list yet of the bars and wrestlers participating. 1:08:09.680 --> 1:08:11.439 Is that going to come out before council? The reason 1:08:11.440 --> 1:08:13.800 I ask that is to don't voters or consumers in 1:08:13.840 --> 1:08:16.840 this met need to know exactly how it's like it's 1:08:16.880 --> 1:08:19.000 hits only one percent? I mean, you probably shouldn't go 1:08:19.600 --> 1:08:21.840 out eating if you can afford extra dollar one hundred. 1:08:21.880 --> 1:08:24.400 But on that point, don't don't we deserve to know 1:08:24.439 --> 1:08:25.639 which businesses are in and out? 1:08:26.600 --> 1:08:26.840 Yeah? 1:08:26.840 --> 1:08:29.000 Sure, I mean right now this is going through kind 1:08:29.000 --> 1:08:31.680 of the legislative process and it's not actually going to 1:08:31.720 --> 1:08:35.280 be formally launched until March first of next year, so 1:08:35.560 --> 1:08:38.960 we're still finalizing that list. It will be shared at 1:08:39.000 --> 1:08:42.840 some point, not in an advance of council essentially at 1:08:42.880 --> 1:08:45.400 this point kind of getting into the weeds. The property 1:08:45.439 --> 1:08:48.120 owners have to opt in, and that's who's listed on 1:08:48.200 --> 1:08:52.120 the city council legislation. So that would be like this, 1:08:52.320 --> 1:08:54.479 the three CDC owns the building, so we've opted in. 1:08:54.520 --> 1:08:57.240 There's six property owners, and then the businesses within there 1:08:57.280 --> 1:09:00.439 also have to opt in. So that list will eventually 1:09:00.520 --> 1:09:04.240 be shared. But yeah, we we believe that. Again it's 1:09:04.280 --> 1:09:07.360 it's one penny per dollar spent. I would point out 1:09:07.400 --> 1:09:10.599 again it is not attacked as a service a service fee, 1:09:10.880 --> 1:09:14.000 and also that you know this is this is only 1:09:14.040 --> 1:09:16.120 going to be paid by people who are going out 1:09:16.160 --> 1:09:19.120 and dining in the bars and restaurants that they are 1:09:19.160 --> 1:09:22.840 coming out in this uh specific geographic area just a 1:09:22.840 --> 1:09:25.240 few blocks kind of around the convention center there. We 1:09:25.280 --> 1:09:29.200 think those businesses stand to benefit mode from the additional traffic. 1:09:29.880 --> 1:09:32.920 And and also it's not attacked that everybody in Hamilton 1:09:32.960 --> 1:09:35.439 County is going to pay. It's just folks who if 1:09:35.439 --> 1:09:38.760 they're coming down, they will pay that service fee when 1:09:38.760 --> 1:09:41.960 they're when they're enjoying it here in the Lovely Fat It's. 1:09:41.800 --> 1:09:44.599 Similar to initially when we did the street car years ago, 1:09:44.640 --> 1:09:46.240 and it was like we're just going to do a 1:09:46.320 --> 1:09:48.880 tax along the track. And the businesses that came from 1:09:48.880 --> 1:09:51.280 being that close in that proximity to the tracks, are 1:09:51.320 --> 1:09:54.120 they uh of the triale is that. 1:09:53.880 --> 1:09:54.760 They're the ones that going to pay. 1:09:54.760 --> 1:09:56.519 And now that got shot down and that seems like 1:09:56.560 --> 1:09:58.120 more of a fair thing, like what you're doing here. 1:09:58.240 --> 1:10:00.679 The businesses are going to directly benefit from the hotel 1:10:00.720 --> 1:10:03.880 and convention center pay that, but again that does go 1:10:03.960 --> 1:10:06.639 back to consumers on that and you said the fee 1:10:06.640 --> 1:10:09.880 doesn't start till March of next year. Construction begins this month. 1:10:10.840 --> 1:10:14.160 What happens if businesses eventually, I mean some go because 1:10:14.200 --> 1:10:16.240 it's voluntary. Can't force people to pay. This's what they 1:10:16.280 --> 1:10:18.839 change your mind or closed or just it doesn't generate 1:10:18.840 --> 1:10:19.759 the expected revenue. 1:10:19.800 --> 1:10:20.320 What happens in. 1:10:21.200 --> 1:10:25.759 Sure, So One, it's based on the expected generated revenue 1:10:25.760 --> 1:10:29.120 that we are able to get additional bond financing. So 1:10:29.120 --> 1:10:31.000 that's why it's important to have it set up right 1:10:31.040 --> 1:10:33.080 now before the fee is actually being collected. 1:10:33.120 --> 1:10:35.360 We have projections on what we think this will generate. 1:10:36.040 --> 1:10:40.120 Also, as new businesses open, they will be asked to participate. 1:10:40.479 --> 1:10:43.080 Once the business ops in, they are no longer allowed 1:10:43.120 --> 1:10:43.639 to opt out. 1:10:43.760 --> 1:10:45.040 So once you're in, you're in. 1:10:45.800 --> 1:10:49.160 We do intend to add future businesses within the Fountain 1:10:49.160 --> 1:10:53.040 District to this NCAA or the Fountain District Community Authority 1:10:53.439 --> 1:10:56.519 as we move forward, So we're confident at the revenue 1:10:56.520 --> 1:10:59.200 that will be ultimately generated collectively will be enough to 1:10:59.280 --> 1:11:02.439 help pay down the debt to build the hotel. Gotcha, 1:11:02.439 --> 1:11:04.760 And I would also point out that this is not 1:11:04.840 --> 1:11:07.599 the only new community authority in the area. There's one 1:11:07.600 --> 1:11:10.120 of the banks and the businesses down there. People may 1:11:10.120 --> 1:11:11.880 not even realize that when you go down and eat 1:11:12.200 --> 1:11:14.080 or drink at the banks, you're also paying a one 1:11:14.120 --> 1:11:16.640 percent fee. Now they use that money from marketing. It 1:11:16.680 --> 1:11:20.040 primarily goes to their Dora district and buying the cops 1:11:20.080 --> 1:11:22.479 and putting together the materials for that. And there's also 1:11:22.520 --> 1:11:25.840 one out in Liberty Center where they use that NCAA 1:11:25.960 --> 1:11:30.120 fee for infrastructure around that development. So there are other NCAAs. 1:11:30.160 --> 1:11:32.320 I'm not sure that people even realize. Again, if you're 1:11:32.320 --> 1:11:34.439 going down to the banks that you're paying this speed. 1:11:34.840 --> 1:11:37.080 Yeah, yeah, it gets baked and you'll see it on 1:11:37.160 --> 1:11:39.519 your ticket. But again it's a dollar for every hundred 1:11:40.160 --> 1:11:43.400 fifty cents for every fifty, so yeah, it makes sense. 1:11:43.960 --> 1:11:46.000 The other element here too is, let's face it, I 1:11:46.040 --> 1:11:49.080 think Jeff Cramerting council member, said this that this is 1:11:49.120 --> 1:11:51.719 going to hit largely out of town convention of visitors 1:11:51.760 --> 1:11:54.280 at some point here too. Doesn't mean that folks like 1:11:54.320 --> 1:11:55.800 me and you won't go there. Of course we will, 1:11:55.800 --> 1:11:58.360 but this is targeted towards those out of talents because 1:11:58.360 --> 1:12:01.160 we'd rather get their money than that ours and out 1:12:01.160 --> 1:12:03.040 of tiers. We love taking our money, so it's a 1:12:03.040 --> 1:12:05.400 good thing for everybody. What percentage of customers is a 1:12:05.439 --> 1:12:07.439 projection there are going to be out of town convention 1:12:07.479 --> 1:12:12.000 attendees versus residents of Cincinnati, Hamblin County, Warren Kamder, Butler County, 1:12:12.040 --> 1:12:12.719 Northern Kentucky. 1:12:13.439 --> 1:12:15.680 Yeah, we don't have any projections on the breakdown of 1:12:16.120 --> 1:12:18.559 intown versus out of town. We do expect that the 1:12:18.600 --> 1:12:21.080 majority of this will be put people who are coming 1:12:21.120 --> 1:12:23.280 from out of town who are visiting conventions, who are 1:12:23.280 --> 1:12:26.479 staying in the hotels in this area and frequenting the 1:12:26.479 --> 1:12:30.040 bars and restaurants. So there isn't a specific breakdown, but 1:12:30.360 --> 1:12:31.960 I think that's a great point that counts. I mean, 1:12:31.960 --> 1:12:34.879 cramering makes and I think that's something that we expect 1:12:35.080 --> 1:12:37.240 is that this will primarily be paid by people who 1:12:37.280 --> 1:12:40.000 are from out of town coming to enjoy these great 1:12:40.000 --> 1:12:43.400 new amenities. And I think one of the things that 1:12:43.439 --> 1:12:46.080 really sets us apart is when we finish these projects 1:12:46.120 --> 1:12:49.679 and we have this modernized convention center, this brand new hotel, 1:12:49.720 --> 1:12:52.760 ELM Street plaza, we're really unique in Cincinnati and that 1:12:52.800 --> 1:12:55.080 you can walk out our convention center and you have 1:12:55.280 --> 1:13:01.679 this incredible collection of high quality restaurants and bars right 1:13:01.680 --> 1:13:03.880 in the area that is walkable. You don't have to 1:13:03.880 --> 1:13:06.679 hop in your car to drive. A lot of convention 1:13:06.800 --> 1:13:10.320 centers sit off in a distance it's difficult to navigate. 1:13:10.560 --> 1:13:13.280 This is all right down, very walkable. You can walk 1:13:13.320 --> 1:13:15.240 a few steps the Fountain Square and all the great 1:13:15.280 --> 1:13:15.920 programming there. 1:13:15.920 --> 1:13:17.080 You can go up to over the Run, and you 1:13:17.120 --> 1:13:18.040 can go down to the Bank. 1:13:18.160 --> 1:13:21.920 So we really think that this whole collective investment sets 1:13:21.960 --> 1:13:24.760 us apart from a lot of our competitors because of 1:13:24.800 --> 1:13:27.120 the proximity of all of these great assets that we 1:13:27.200 --> 1:13:30.160 have downtown. And so this is just one more step 1:13:30.240 --> 1:13:32.000 forward in getting us to that point. 1:13:32.080 --> 1:13:34.880 Okay, very good, Joe Rudymiller from three CDC. On the 1:13:34.920 --> 1:13:37.559 one percent tax around the convention center, bars and restaurants 1:13:37.560 --> 1:13:40.640 will pay that. It's a thirty year commitment unless the 1:13:40.680 --> 1:13:44.839 construction deck gets paid off early. Totally voluntary for the businesses, 1:13:44.840 --> 1:13:47.240 by the way, which is the big question. And it's 1:13:47.240 --> 1:13:49.519 all part of what's called the New Community Authority. That's 1:13:49.560 --> 1:13:51.679 a state financing tool that louts of sport to collect 1:13:51.760 --> 1:13:54.880 charges for area public improvements around that convention Center District. 1:13:54.960 --> 1:13:56.720 You said early on, Joe that this could not be 1:13:56.720 --> 1:14:00.519 built without that one percent fee. But one million of 1:14:00.560 --> 1:14:02.679 the what five hundred and thirty six million dollar plus 1:14:02.720 --> 1:14:05.280 financing deal, that's like two one thousandths of a percent. 1:14:06.280 --> 1:14:08.599 One way look at that and go, that seems to 1:14:08.680 --> 1:14:11.519 just be like not even you know, whipped cream or 1:14:11.520 --> 1:14:14.160 a cherry on top that that feels like maybe a 1:14:14.240 --> 1:14:17.200 quarter teaspoon of sprinkles at that point. Is that you 1:14:17.240 --> 1:14:19.640 hear that and go, why is the million dollar a 1:14:19.720 --> 1:14:22.040 year so critical the entire project hinches on it? 1:14:23.080 --> 1:14:26.760 Yeah, so it gets pledged towards the overall bond financing, 1:14:26.840 --> 1:14:29.400 and so it allows us to unlock more money because 1:14:29.439 --> 1:14:32.280 we say we can back those bonds with this million 1:14:32.320 --> 1:14:35.519 dollars that we're collecting. So if not just a million dollars, 1:14:35.520 --> 1:14:38.640 it's that it opens up access to additional capital that 1:14:38.680 --> 1:14:42.439 we can get through that bond finding dancing and allows 1:14:42.520 --> 1:14:45.599 us to essentially get more money upfront for the project 1:14:45.680 --> 1:14:48.240 and make the construction happen. And then this is one 1:14:48.280 --> 1:14:50.320 way that the people who are buying those bonds can 1:14:50.479 --> 1:14:53.200 understand this money is pledged to that there is this 1:14:53.280 --> 1:14:56.120 revenue stream coming in. So that they can ensure that 1:14:56.240 --> 1:14:57.920 the money will get paid back. 1:14:58.000 --> 1:15:00.280 Yeah, okay, gotcha, And I guess I look at it. Okay, 1:15:00.280 --> 1:15:02.280 you got that money. You've got one hundred and twenty 1:15:02.320 --> 1:15:04.799 million from the Port Authority from bonds that you're talking about, 1:15:05.600 --> 1:15:08.479 fifty million dollars from the city, another roughly fifty million 1:15:08.520 --> 1:15:11.000 dollars from the state and Investment fund. There another thirty 1:15:11.000 --> 1:15:13.639 seven million in state tax credits. A lot of public 1:15:13.680 --> 1:15:15.760 money going back in. And then you know, at the 1:15:15.840 --> 1:15:18.120 end of it, we're still asking private businesses to contribute 1:15:18.160 --> 1:15:18.920 even more on top of that. 1:15:20.600 --> 1:15:23.320 Yeah, I mean we're asking everybody to contribute, right, you 1:15:23.400 --> 1:15:25.960 mentioned all those sources. In addition, the developer is going 1:15:25.960 --> 1:15:28.120 to bring equity and also take out a loan. I 1:15:28.160 --> 1:15:30.960 mentioned already that the hotel operators increase their trains and 1:15:31.040 --> 1:15:34.840 occupancy tax by one percent. So everybody has really come 1:15:34.840 --> 1:15:37.479 to the table here. This is a collective investment in 1:15:37.520 --> 1:15:40.439 the community for the community and buy the community. So 1:15:40.560 --> 1:15:44.160 everybody is pitching in. Everybody is giving what they can 1:15:44.280 --> 1:15:46.799 to this. And so again I would applaud the restaurant 1:15:46.840 --> 1:15:50.640 tours for stepping up to the plate and saying, you know, 1:15:50.760 --> 1:15:53.000 we don't want to add another feed, but we understand 1:15:53.080 --> 1:15:55.400 that this is necessary and we need to do this 1:15:55.520 --> 1:15:57.880 in order to continue to move forward as a community. 1:15:58.280 --> 1:16:00.040 It seems like we're going to see more of the 1:16:00.080 --> 1:16:02.280 community authorities you mentioned the Banks and Liberty Center and 1:16:02.320 --> 1:16:04.599 now the Convention Center District that it feels like that 1:16:04.600 --> 1:16:07.160 that is going to be how these projects are done 1:16:07.560 --> 1:16:08.280 all over the state. 1:16:09.840 --> 1:16:12.800 I think as possible. There are other community authorities in 1:16:13.120 --> 1:16:16.719 different jurisdictions, so there's now only three here in southwest Ohio. 1:16:17.680 --> 1:16:20.400 It is a, you know, a somewhat unique financing tool 1:16:20.439 --> 1:16:23.200 that I think a lot of people probably didn't know 1:16:23.280 --> 1:16:25.719 about or weren't aware of. I'm not sure how much 1:16:25.760 --> 1:16:29.519 we will see these continue to just spring up. I 1:16:29.520 --> 1:16:32.280 think they're kind of unique on a case by case basis, 1:16:32.360 --> 1:16:36.040 so it's not something that we're seeing necessarily as a trend. 1:16:36.120 --> 1:16:38.519 We just know that in this instance, we kick the 1:16:38.560 --> 1:16:41.120 tires on any way we can finance this hotel and 1:16:41.200 --> 1:16:44.240 looked at a lot of different avenues and this and 1:16:44.320 --> 1:16:46.799 this is kind of the last piece, hopefully to the puzzle. 1:16:47.040 --> 1:16:48.680 Do you feel comfortable with the number of bars and 1:16:48.720 --> 1:16:49.800 restaurants you have sign up already? 1:16:49.840 --> 1:16:50.599 You're going to need more. 1:16:52.120 --> 1:16:53.880 Yeah, I mean we feel comfortable with the amount that 1:16:53.920 --> 1:16:56.000 we have to start. As I mentioned, I think we'll 1:16:56.040 --> 1:16:59.720 continue to work on businesses that are either not participating 1:16:59.840 --> 1:17:02.600 or open new to make sure that they understand the 1:17:02.640 --> 1:17:05.880 importance of participating in this. So we feel good about 1:17:05.880 --> 1:17:07.960 where we're at now, but expect to add more and 1:17:08.040 --> 1:17:11.240 so hopefully we can pay down that debt sooner and 1:17:11.760 --> 1:17:14.599 this would ultimately then you know, go away. 1:17:14.760 --> 1:17:15.240 Have you done? 1:17:15.760 --> 1:17:18.160 What's a public reaction? I mean, is there any pushback 1:17:18.200 --> 1:17:20.920 that you've heard so far? Any polling your community meetings 1:17:20.960 --> 1:17:22.840 to discuss this. I mean, again, it's just one percent, 1:17:22.960 --> 1:17:25.479 is very small slice of the pie, but enough crumbs 1:17:25.479 --> 1:17:25.880 make a loaf. 1:17:25.960 --> 1:17:27.519 Are you earn aning negative ursus? 1:17:28.920 --> 1:17:29.120 Yeah? 1:17:29.120 --> 1:17:31.120 I mean I think if you look at you know, 1:17:31.200 --> 1:17:34.800 social media, which is always a bastion of really high 1:17:34.880 --> 1:17:39.160 quality engagement and conversation, I think it's been mixed. I 1:17:39.160 --> 1:17:41.240 think a lot of people do understand it. And we 1:17:41.320 --> 1:17:43.439 saw a lot of social media comments yesterday say and 1:17:43.760 --> 1:17:45.599 you know this is this is a one percent fee 1:17:45.600 --> 1:17:47.400 on one hundred dollars tab. I'm going to pay one 1:17:47.439 --> 1:17:49.040 dollar And I think a lot of people get it. 1:17:49.080 --> 1:17:51.360 I think if you just look at a headline, maybe 1:17:51.400 --> 1:17:54.040 you get frustrated. I think people that actually dive in 1:17:54.080 --> 1:17:57.040 and read the article, which we obviously need more people 1:17:57.080 --> 1:18:00.200 to do that understand the bigger picture and understand what 1:18:00.200 --> 1:18:02.880 we're trying to do here and why this is necessary. 1:18:02.520 --> 1:18:05.080 Right right, Yeah, I get it. 1:18:05.120 --> 1:18:07.800 We need that hotel down there, and I suppose there 1:18:07.800 --> 1:18:10.320 are other options if if business has felt like somehow 1:18:10.320 --> 1:18:13.120 this is going to give them a disadvantage in that, 1:18:13.560 --> 1:18:15.479 you know, I can get a stake at this restaurant. 1:18:15.520 --> 1:18:17.479 It's going to cost me twenty dollars more because it's 1:18:17.520 --> 1:18:18.360 near the convention center. 1:18:18.400 --> 1:18:19.240 No one's going to go for that. 1:18:19.360 --> 1:18:22.040 But you know, a dollar on a couple hundred dollars tab, 1:18:22.120 --> 1:18:24.439 you're not not or one hundred dollar tab, you're probably 1:18:24.439 --> 1:18:25.160 not going to notice it. 1:18:26.640 --> 1:18:29.519 Yeah, I mean, I think that's our thinking is it's 1:18:29.520 --> 1:18:32.599 spread out, it's depending on every dollar spent, and it's 1:18:32.640 --> 1:18:36.200 again it's a usage fee, So people who are using it, 1:18:36.360 --> 1:18:40.800 they will pay that. Those who don't, you know, they 1:18:41.000 --> 1:18:43.600 they won't have to pay that. I think that we 1:18:43.720 --> 1:18:47.720 believe that there is such high quality restaurant, tours and 1:18:47.800 --> 1:18:50.960 bars in that area that people are not going to 1:18:51.040 --> 1:18:53.840 be dissuaded from coming down to visit them because of 1:18:53.840 --> 1:18:56.320 this one penny per dollar that they're that they're paying 1:18:56.360 --> 1:18:59.280 into this bigger picture to help build this hotel. 1:18:59.360 --> 1:19:01.400 Yeah, it's going to be higher end restaurants and bars, 1:19:01.479 --> 1:19:02.800 right like Aaron Off Center on that. 1:19:02.920 --> 1:19:05.720 Yeah that yeah, I mean, you know, I think the 1:19:05.760 --> 1:19:08.280 other thing that's really cool about the Fountain District is 1:19:08.600 --> 1:19:11.240 if you go to entertainment districts across the country, what 1:19:11.280 --> 1:19:13.800 you see as a lot of chain restaurants, and when 1:19:13.800 --> 1:19:16.479 you're in the Fountain District, you recognize these are these 1:19:16.479 --> 1:19:19.960 are primarily almost all of them are locally owned businesses. 1:19:20.000 --> 1:19:22.960 These are cra Cincinnati entrepreneurs. These are people who are 1:19:22.960 --> 1:19:26.160 committed to the community, who love being here, and who 1:19:26.200 --> 1:19:28.280 put out I think, some of the best food in 1:19:28.320 --> 1:19:32.160 the country. And so I think there is this incredible 1:19:32.200 --> 1:19:35.479 collection of these locally owned businesses in the Fountain District 1:19:35.800 --> 1:19:38.360 and again I'm grateful to them that they've come on 1:19:38.479 --> 1:19:42.120 board for the most part, nearly all of them, and 1:19:42.280 --> 1:19:44.879 are willing to participate in this and make this investment 1:19:44.880 --> 1:19:45.439 in our community. 1:19:45.479 --> 1:19:48.960 Now you're eating at Salazar's or Rubies or Media, you're 1:19:49.000 --> 1:19:51.080 not going to notice that dollar on one hundred, that's 1:19:51.160 --> 1:19:54.599 for sure. He's Joe Rudimiller at three c DC. And 1:19:54.880 --> 1:19:57.479 the good news is whether you like this or doesn't 1:19:57.479 --> 1:19:59.240 matter to you. The twenty one host Store hotel is 1:19:59.240 --> 1:20:01.280 going to open up and twenty twenty eight to fifth 1:20:01.280 --> 1:20:04.400 in Plumb and bring a whole lot of new bodies downtown. 1:20:04.439 --> 1:20:06.120 We've got to get back in the convention business. It's 1:20:06.160 --> 1:20:06.719 been too long. 1:20:08.000 --> 1:20:10.400 Yeah, totally. I think we're really excited. I don't know 1:20:10.439 --> 1:20:12.240 if you've been down to the new Elm Street plaza. 1:20:12.520 --> 1:20:14.040 Yeah, it's beautiful, it's gorgeous. 1:20:14.120 --> 1:20:17.840 Yeah, it's been great. I think it's succeeded our expectations. 1:20:17.840 --> 1:20:20.320 The ice rinks there, and in the summer it's going 1:20:20.360 --> 1:20:22.400 to be a beautiful green space that can be used 1:20:22.600 --> 1:20:26.280 by both the community, convention visitors, residents and everyone. So 1:20:26.640 --> 1:20:28.840 I think we're really on a great track here. We're 1:20:28.840 --> 1:20:31.200 excited about that opening. The Convention Center is going to 1:20:31.240 --> 1:20:33.720 be finished on time and on budget. We're turning that 1:20:33.800 --> 1:20:37.000 over January first, and we'll open the building with RedFest 1:20:37.160 --> 1:20:41.320 on January sixteenth. So we're really excited about the trajectory 1:20:41.360 --> 1:20:43.839 that we're on and where we're headed as a community. 1:20:43.880 --> 1:20:47.080 This is I believe, a generational investment in the southwest 1:20:47.120 --> 1:20:48.680 corner of our downtown that I think is going to 1:20:48.680 --> 1:20:49.760 have ripple effects. 1:20:49.439 --> 1:20:50.160 For the whole region. 1:20:50.640 --> 1:20:53.680 We're going to be able to attract bigger events, bigger conventions, 1:20:54.200 --> 1:20:56.160 and everybody is going to reap the benefits of that, 1:20:56.200 --> 1:20:58.840 whether you're a small business in the Fountain district or 1:20:58.880 --> 1:21:02.479 in the surrounding area. I think everybody ultimately is going 1:21:02.520 --> 1:21:05.560 to be uplifted by this investment that everybody is collectively 1:21:05.560 --> 1:21:06.519 making it in the community. 1:21:06.600 --> 1:21:10.880 Will we do an arena next? Is that priority that. 1:21:11.120 --> 1:21:12.599 Is not on our radar currently. 1:21:12.640 --> 1:21:14.719 I know there's a lot of conversation about the arena, 1:21:15.600 --> 1:21:18.679 and so it's something that that continues to be out 1:21:18.720 --> 1:21:22.160 there and be discussed. We have not been formally engaged 1:21:22.200 --> 1:21:26.160 on that yet, so we're hearing those conversations and right 1:21:26.200 --> 1:21:28.800 now our focus is really on getting this hotel built, 1:21:28.880 --> 1:21:31.120 finishing up the convention center, and then we also have 1:21:31.200 --> 1:21:33.679 some great things going on in northern over the Rhine 1:21:34.120 --> 1:21:36.240 with the new find the Community Center that we're building 1:21:36.280 --> 1:21:38.959 and renovating the old OTR Rec Center and the Crossroad 1:21:38.960 --> 1:21:41.120 Health Center. So we have a lot on our plate 1:21:41.160 --> 1:21:42.640 that we're working on. I know that there are a 1:21:42.720 --> 1:21:45.599 lot of great minds thinking about how to move forward 1:21:45.640 --> 1:21:45.880 on that. 1:21:45.840 --> 1:21:47.400 Arena as well as should be. And then you get 1:21:47.400 --> 1:21:49.680 three c DC you Joe Rudemeller. Of course, you know, 1:21:50.040 --> 1:21:52.599 you start slapping head, cracking heads, make this thing happen. 1:21:52.640 --> 1:21:55.280 Let's get this done exactly. Let's go, let's let's off 1:21:55.439 --> 1:21:59.880 and go here, Joe Rudemeller. Three got your maade out 1:21:59.880 --> 1:22:01.720 to be a mobster or something like that. All right, 1:22:01.760 --> 1:22:03.840 tough guy, We got to get going. Thanks again, buddy. 1:22:03.840 --> 1:22:04.479 I appreciate you. 1:22:05.280 --> 1:22:06.519 Thanks well, I appreciate you hiting me on. 1:22:06.600 --> 1:22:09.120 Yes, sir, take care. We gotta get a news update in. Yeah, 1:22:09.479 --> 1:22:10.240 you're gonna get people. 1:22:10.400 --> 1:22:10.559 Now. 1:22:10.560 --> 1:22:12.559 There are another tax and then he said it wasn't 1:22:12.560 --> 1:22:14.280 a tip of fee. It's a tax. Let's call it 1:22:14.280 --> 1:22:14.680 what it is. 1:22:14.720 --> 1:22:17.280 But you know, if you're feeling that at that level 1:22:17.320 --> 1:22:19.920 of restaurant, you probably shouldn't be eating there. And the 1:22:19.920 --> 1:22:22.080 restaurants are good with it. I'm sure their clientele will 1:22:22.080 --> 1:22:23.479 be good with it. And a lot out of towners 1:22:23.479 --> 1:22:25.560 are gonna pay for our sins as it should be. 1:22:25.600 --> 1:22:28.120 That's the American way. After all, sloany seven hundred ww. 1:22:28.920 --> 1:22:32.240 Time to talk about money, how to make it, how 1:22:32.280 --> 1:22:35.759 did keep it, and how to keep others off your stack. 1:22:39.439 --> 1:22:41.960 This is all worth advice with Andy Shaeffer. 1:22:42.360 --> 1:22:45.040 Money never sleeps, but Andy Shaeffer he likes to get 1:22:45.040 --> 1:22:46.759 a good nine hours, nine ten hours. 1:22:46.800 --> 1:22:48.160 Andy, how you doing, brother. 1:22:48.160 --> 1:22:48.559 I'm good. 1:22:48.560 --> 1:22:50.160 I got nine hours last tear? Did you get your 1:22:50.240 --> 1:22:54.000 nine hours? Yeah? Hey, Money's gonna stay awake. I don't 1:22:54.000 --> 1:22:56.560 need to stay awake. You guys, you got to watch. 1:22:57.160 --> 1:23:00.120 All right, So let's jump into this holiday season. And 1:23:00.120 --> 1:23:02.599 then we saw some of the post government shutdown data 1:23:02.600 --> 1:23:04.760 coming into outdated obviously a little bit there too, but 1:23:05.400 --> 1:23:07.720 starting to understand a little bit more with each passing day, 1:23:07.760 --> 1:23:10.639 the positioning and the impact on the Federal Reserve certainly 1:23:10.680 --> 1:23:11.519 laid out for us. 1:23:11.800 --> 1:23:13.960 Yeah, and I think it is important to understand that 1:23:14.000 --> 1:23:16.040 it does have an impact on the economy and the 1:23:16.080 --> 1:23:18.160 Federal Reserve for them to be able to make smart 1:23:18.200 --> 1:23:21.400 decisions moving into December. And so we did get some 1:23:21.479 --> 1:23:24.960 delayed September retail sales numbers and it showed spending was 1:23:25.040 --> 1:23:27.200 up point two percent, but we had a point six 1:23:27.240 --> 1:23:30.640 percent gain back in August now, you know, if you 1:23:30.720 --> 1:23:34.519 take out auto sales and gas, that was really pretty flat. 1:23:34.920 --> 1:23:37.920 But the softists came after a strong summer, and it 1:23:37.960 --> 1:23:40.519 appears to me like it's more of a reversion than 1:23:40.520 --> 1:23:44.120 a collapse. And so that data is starting to soften 1:23:44.160 --> 1:23:47.120 a little bit now. The producer price index that showed 1:23:47.120 --> 1:23:50.120 an increase of about point three percent, that kind of 1:23:50.160 --> 1:23:53.280 matched what economists were already feeling like the numbers would 1:23:53.320 --> 1:23:57.120 come in at. And so I think that those costs 1:23:57.120 --> 1:24:00.759 have been contained enough for the Fed keep the December 1:24:00.800 --> 1:24:01.679 rate cut on the table. 1:24:02.880 --> 1:24:05.479 All right, So yet another rate coming up, rate cut 1:24:05.560 --> 1:24:07.800 coming up this month? When is that exactly what? 1:24:09.080 --> 1:24:11.400 It's early December? I can't remember the exact day, Maybe 1:24:11.400 --> 1:24:12.320 the twelfth. 1:24:12.080 --> 1:24:14.479 Okay, so another morethly week or so week and a half, 1:24:15.200 --> 1:24:16.920 all right, So we looked at all as at the 1:24:17.000 --> 1:24:20.400 jobless claims felled, the consumer confidence slip though, so it's 1:24:20.439 --> 1:24:22.040 like conflicting information here. 1:24:22.320 --> 1:24:24.320 Yeah, and sometimes that can be good, you know. So 1:24:24.479 --> 1:24:26.840 we did see the jobless claims fall to about two 1:24:26.960 --> 1:24:29.559 hundred and sixteen thousand, that was the lowest since April. 1:24:29.600 --> 1:24:31.400 And so you know that tells you on the surface, 1:24:31.840 --> 1:24:33.320 all right, Well, you know, and a lot of people 1:24:33.360 --> 1:24:35.280 weren't really losing their job, and this is kind of 1:24:35.280 --> 1:24:36.880 more of the same of what we've been talking about. 1:24:36.920 --> 1:24:40.400 But what we've seen or continuing claims continue to move higher. 1:24:40.479 --> 1:24:44.560 So if you're out of work and you've been collecting unemployment, 1:24:45.720 --> 1:24:48.320 you know, that's still continuing on and that's kind of 1:24:48.320 --> 1:24:50.120 been at the top of the recent range. And so 1:24:50.680 --> 1:24:55.040 there's a stable labor market right now that's losing some momentum. 1:24:55.120 --> 1:24:57.839 Consumer confidence, you know, we always watch that very closely. 1:24:57.880 --> 1:25:00.160 It's slipped to eighty eight point seven in November. That's 1:25:00.160 --> 1:25:05.559 its weakest reading since April. Households basically cited inflation, tariffs, 1:25:05.600 --> 1:25:09.000 and politics as concerns. And so I think, you know, 1:25:09.120 --> 1:25:11.320 in a nutshell, what we're what we're talking about to 1:25:11.360 --> 1:25:15.000 summarize is that I think the economy is steadying, but 1:25:15.600 --> 1:25:19.240 the momentum is starting to moderate to some degree. Growth 1:25:19.280 --> 1:25:22.200 is still intact, but the edges are softening enough to 1:25:22.240 --> 1:25:25.200 reinforce the FED shift towards easing this month. 1:25:25.160 --> 1:25:28.800 Right which is a cut because let's face it, those 1:25:28.920 --> 1:25:33.040 lower income end credit use is rising, discretionary spending is fading. 1:25:33.120 --> 1:25:35.320 That's reflecting about the consumer conference numbers. 1:25:35.640 --> 1:25:37.800 Yeah, and that's right. And one of the interesting things 1:25:37.800 --> 1:25:40.759 that we're going to get fairly soon is the Fed's 1:25:40.840 --> 1:25:43.160 Beige Book and you might hear that terminology, and it's 1:25:43.240 --> 1:25:46.000 very interesting to me. And essentially what the Beige book is, 1:25:46.000 --> 1:25:50.240 it's it's what we consider antidotal evidence of economic activity 1:25:50.439 --> 1:25:53.040 across the FED twelve district. Now, the closest one to 1:25:53.160 --> 1:25:56.360 us is up in Cleveland. Cincinnati actually has a Cleveland 1:25:56.360 --> 1:25:59.759 branch here downtown, so that's pretty neat. But the Fed's 1:25:59.800 --> 1:26:04.000 base book is more of a qualitative analysis versus quantitative, 1:26:04.040 --> 1:26:07.360 and what that means is that it's it's more an 1:26:07.439 --> 1:26:10.880 understanding of concepts and experience. As you know, they do 1:26:10.960 --> 1:26:14.439 interviews and observations and the FED twelve districts get together 1:26:14.479 --> 1:26:17.240 and discuss it. So it's more about you know, momentum, 1:26:17.240 --> 1:26:20.000 emotion and things like that. But it is very important 1:26:20.000 --> 1:26:22.360 to the FED in order for them to make a 1:26:22.360 --> 1:26:24.920 good decision about where we are as far as labor 1:26:24.920 --> 1:26:27.360 market is concerned. And you know, right now, what we're 1:26:27.360 --> 1:26:30.200 getting back from these districts is that we're we're seeing 1:26:30.240 --> 1:26:32.679 a little bit weaker hiring and in some cooler wage growth. 1:26:32.760 --> 1:26:38.160 So you know, again, sometimes news that's not super bad 1:26:38.200 --> 1:26:40.960 but kind of cooling can help us and help the 1:26:41.000 --> 1:26:44.120 FED be a little bit more confidence in cutting rates 1:26:44.920 --> 1:26:47.320 moving forward, which will you know, we'll obviously help our 1:26:47.400 --> 1:26:47.880 labor market. 1:26:48.000 --> 1:26:48.200 Yeah. 1:26:48.200 --> 1:26:49.800 The FED seems they have a lot of meetings that 1:26:49.960 --> 1:26:51.240 big on meetings, aren't they. 1:26:51.400 --> 1:26:54.200 Yeah, they like to meet they like me, they like Catholics. 1:26:54.160 --> 1:26:58.439 Yeah, yeah, yeah, And I think, well then they also 1:26:58.520 --> 1:27:00.280 like to talk about their meetings. And the thing about 1:27:00.320 --> 1:27:02.840 it is is I think there's some politics at play. 1:27:02.920 --> 1:27:06.639 You know, obviously the FED is an independent organization outside 1:27:06.640 --> 1:27:09.519 of politics, but you have two separate factions within the FED. 1:27:09.560 --> 1:27:12.280 You have some that want to make sure that inflation 1:27:12.400 --> 1:27:14.639 gets very under control to try to reach their two 1:27:14.680 --> 1:27:17.760 percent target. You know, we're somewhere around three percent at 1:27:17.800 --> 1:27:19.800 this point. And then you have others that say, hey, 1:27:19.840 --> 1:27:22.439 the momentum is going in the right direction as far 1:27:22.479 --> 1:27:24.599 as inflation, we're not seeing it heat up, and they 1:27:24.640 --> 1:27:28.320 want to, you know, start cutting rates and start piling 1:27:28.360 --> 1:27:31.120 momentum into our economy. And so you have these two 1:27:31.120 --> 1:27:33.519 different factions that are kind of, you know, always at 1:27:33.520 --> 1:27:35.639 each other's throats, and they get up and they stop 1:27:35.680 --> 1:27:37.599 about it and they talk about why their opinion is, 1:27:37.640 --> 1:27:40.200 you know, super important, and how smart they are, and 1:27:40.280 --> 1:27:41.800 so we get a lot of them every week. 1:27:41.880 --> 1:27:43.559 We actually have one coming up tomorrow. 1:27:43.960 --> 1:27:46.000 Okay, another meeting. You gotta love the meetings. 1:27:47.479 --> 1:27:50.240 Speaking the consumer confidence end and spending because we're in 1:27:50.280 --> 1:27:52.240 the holiday season right now. We just had Black Friday, 1:27:52.280 --> 1:27:53.799 so we're in the thick of it as we speak. 1:27:54.400 --> 1:27:56.880 I saw some interesting, sobering numbers for that matter. Younger 1:27:56.920 --> 1:28:00.600 consumers cutting back on holiday spending, you know, Gen Millennials, 1:28:01.040 --> 1:28:05.240 Gen Axors, gen Zers not so much. But baby boomers, 1:28:05.280 --> 1:28:07.880 the older I guess over thirty crowd is spending money. 1:28:07.880 --> 1:28:11.080 But the college educated twenty some things, the kind of 1:28:11.080 --> 1:28:14.160 shoppers who traditionally have had the most spending power are 1:28:14.200 --> 1:28:16.840 taking a hit this year because I'm guessing student loan 1:28:16.880 --> 1:28:20.000 costs rising, restaurants, meals, groceries, all that stuff. 1:28:20.439 --> 1:28:22.320 Yeah, and I think some of it has to do 1:28:22.800 --> 1:28:27.320 with just general demographics and your upbringing and Christmas experiences 1:28:27.320 --> 1:28:29.200 and things like that. But another thing is going back 1:28:29.240 --> 1:28:31.320 to the labor market. You know, when we're talking about 1:28:32.120 --> 1:28:35.000 the labor force and the participation rate and things like that, 1:28:35.760 --> 1:28:38.760 for millennials and Gen Zers, it's still hard to find 1:28:38.800 --> 1:28:41.479 a job, it's still hard to find an entry level position, 1:28:41.520 --> 1:28:43.400 it's still hard to get your foot in the door. 1:28:43.520 --> 1:28:46.519 So there's a lot of uncertainty there. And I think, 1:28:46.640 --> 1:28:50.160 you know, with that demographic, who have surprisingly been shown 1:28:50.240 --> 1:28:54.200 to be pretty decent savers and fairly responsible with their finances, 1:28:54.640 --> 1:28:56.840 a lot of them are hesitant to start spending money 1:28:56.880 --> 1:29:00.640 when they're uncertainty within the labor market can be a 1:29:00.720 --> 1:29:03.439 challenge for them. And so it doesn't necessarily mean that 1:29:03.479 --> 1:29:06.040 they don't have the ability to earn a wage or 1:29:06.439 --> 1:29:08.439 that they don't have any savings. I think it's more 1:29:08.439 --> 1:29:12.559 of a cautious approach and one that I admire with 1:29:12.600 --> 1:29:15.120 that that demographic. And I think, you know, you know, 1:29:15.160 --> 1:29:17.120 and Christmases that I see with my clients. You know, 1:29:17.120 --> 1:29:18.919 I have clients that are in their sixties and seventies 1:29:18.960 --> 1:29:21.040 and they're spending all conds of money on Christmas. Well, 1:29:21.080 --> 1:29:23.160 their kids aren't really that much, you know, they might 1:29:23.200 --> 1:29:26.280 be the kids might be getting you know, full Christmases, 1:29:26.360 --> 1:29:27.960 and then the kids in turn, you know, get their 1:29:28.000 --> 1:29:30.519 parents so shovel and so that might be the extent 1:29:30.560 --> 1:29:30.800 of it. 1:29:31.120 --> 1:29:33.960 Yeah, yeah, I mean you kind of remember being younger 1:29:34.040 --> 1:29:35.599 than in twenties and you didn't have that much money 1:29:35.600 --> 1:29:38.760 to begin with, but especially our this generation. Uh and 1:29:38.760 --> 1:29:40.320 another element of this thing too, And I know if 1:29:40.360 --> 1:29:43.720 you saw this a new you know because credit card 1:29:43.800 --> 1:29:46.160 dat is is it an all time high? I don't know 1:29:46.200 --> 1:29:46.800 if it's Is it. 1:29:46.760 --> 1:29:47.439 All time now? 1:29:47.479 --> 1:29:48.040 And did I read that? 1:29:48.400 --> 1:29:50.040 I mean it's up there, it's it, It's not all 1:29:50.040 --> 1:29:53.559 the time, it's near there read out something called deferred Interesting. 1:29:53.640 --> 1:29:54.160 Familiar with this? 1:29:54.560 --> 1:29:54.720 No? 1:29:55.000 --> 1:29:59.320 Okay, so they're they're and this is kind of scary too. 1:29:59.400 --> 1:30:02.320 So the deal is is it's different interest. So typically 1:30:02.320 --> 1:30:04.760 what happens is you buy a big purchase and you 1:30:04.800 --> 1:30:07.400 do it on a sort of credit card. The retailer 1:30:07.560 --> 1:30:09.680 is going to charge no interest if you pay off 1:30:09.720 --> 1:30:12.200 the balance with the set timeframe. And of course what 1:30:12.280 --> 1:30:14.839 winds up happening they're banking on is at some point 1:30:15.439 --> 1:30:17.280 you can't make the payment or you can't pay the 1:30:17.400 --> 1:30:20.519 entire sum, the promotional clock runs out, and now you're 1:30:20.520 --> 1:30:22.519 on the hook for like a thirty percent APR. 1:30:23.080 --> 1:30:26.080 Yeah, yeah, that's and that's more of you know, when 1:30:26.080 --> 1:30:28.679 you have these these lenders that are kind of sharking 1:30:28.680 --> 1:30:31.640 with these big interest rates and these layaway programs and 1:30:31.680 --> 1:30:34.080 things like that. There has to be something in it 1:30:34.120 --> 1:30:37.000 for the organization that's offering the zero percent interest, and 1:30:37.040 --> 1:30:39.160 they have a team of actuaries that are running the 1:30:39.200 --> 1:30:42.280 numbers and say, hey, the probability if somebody needs or 1:30:42.320 --> 1:30:45.120 is looking for that zero percent interest they always have 1:30:45.160 --> 1:30:46.639 in the back of their mind, well, I'll be able 1:30:46.640 --> 1:30:48.519 to pay it off. You know by the time that 1:30:48.560 --> 1:30:50.880 interest kicks in. Well, most of the time that never 1:30:50.960 --> 1:30:53.439 really happens. And that's been my experience with a lot 1:30:53.439 --> 1:30:55.639 of people where they say, you know, we were talking 1:30:55.680 --> 1:30:59.240 not too long ago about a fifty year mortgage, right, 1:30:59.320 --> 1:31:03.040 and so if you don't have the ability to afford 1:31:03.200 --> 1:31:05.840 that particular good, yes it might be an entry for 1:31:05.920 --> 1:31:09.160 you to have that particular product, but maybe you can't 1:31:09.160 --> 1:31:11.720 really afford it. And in a lot of times, you know, 1:31:11.920 --> 1:31:14.240 those rates will start to kick in, and those companies 1:31:14.240 --> 1:31:16.240 are backing on it because they're in the business of 1:31:16.280 --> 1:31:19.759 making money and rewarding their shareholders, not in providing favors 1:31:19.800 --> 1:31:22.120 for the consumer. So I would be very careful if 1:31:22.120 --> 1:31:24.880 you try to get in some type of agreement with that. 1:31:25.520 --> 1:31:27.560 That's new to me, but it doesn't surprise it. It 1:31:27.560 --> 1:31:28.240 doesn't surprise me. 1:31:28.240 --> 1:31:29.840 Now always looking for a new vehicle to try and 1:31:30.400 --> 1:31:32.800 buy stuff that they can't afford. Right, it's the America way, 1:31:33.040 --> 1:31:35.160 but even American, I mean, we have a we have 1:31:35.200 --> 1:31:38.639 a breaking point too. I noticed similarly that American car buyer, 1:31:39.080 --> 1:31:40.920 we're starting to draw the line on what we're going 1:31:40.960 --> 1:31:43.760 to pay for a new car. We've seen prime car 1:31:43.840 --> 1:31:47.000 prices since COVID certainly go through the roof literally, and 1:31:47.320 --> 1:31:49.720 now Americans are like, Okay, it's starting to cool off 1:31:49.720 --> 1:31:53.240 a little bit. And it's a signal to the Big 1:31:53.280 --> 1:31:56.720 three and of course global companies to start figuring out 1:31:56.720 --> 1:31:57.920 ways to get that cost down. 1:31:58.280 --> 1:31:58.479 Yeah. 1:31:58.520 --> 1:32:00.320 And I think people are starting to realize is that 1:32:00.400 --> 1:32:04.200 the expensive items like cars is starting to become astronomical 1:32:04.200 --> 1:32:06.320 and maybe not even affordable. I had a call with 1:32:06.360 --> 1:32:09.040 one of my clients yesterday. She's in her late seventies 1:32:09.080 --> 1:32:12.120 and she's a widow, and she's had a Toyota Corolla 1:32:12.200 --> 1:32:14.000 for the last eight years and it only had eighty 1:32:14.040 --> 1:32:16.439 thousand miles on it. Well, she wanted to give that 1:32:16.600 --> 1:32:19.840 to her granddaughter. Their family had a hard time finding 1:32:19.880 --> 1:32:22.880 a car that was affordable for a teenager and so 1:32:22.920 --> 1:32:24.519 she said, you know, I think I'll go ahead and 1:32:24.520 --> 1:32:26.519 give her this car, and I'll go out and look 1:32:26.560 --> 1:32:28.240 for a new one for me, because I haven't had 1:32:28.280 --> 1:32:30.080 a new one in the bells and whistles, you know, 1:32:30.200 --> 1:32:32.439 might be nice. Well, you know, I had a conversation 1:32:32.520 --> 1:32:35.000 with her yesterday. She said, Andy, most cars are thirty 1:32:35.000 --> 1:32:37.160 thousand dollars or more. She's like, I'm not sure I'm 1:32:37.160 --> 1:32:38.920 prepared to be able to spend that kind of money 1:32:39.400 --> 1:32:41.360 on a new car. Now she can afford it. But 1:32:41.800 --> 1:32:46.400 I think the lesson here is that consumers, particularly mature consumers, 1:32:46.760 --> 1:32:49.160 are being a little bit more discreet and a little 1:32:49.160 --> 1:32:51.559 bit more frugal with their money and being smarter about 1:32:51.600 --> 1:32:53.320 what they spend their money on. And I see that 1:32:53.400 --> 1:32:56.400 a trend firsthand every day when I meet with my client. 1:32:56.479 --> 1:32:57.760 So I think there's a lot of legs to that. 1:32:57.960 --> 1:33:00.880 Yeah, okay, And that's again the consumers thing, because some 1:33:00.960 --> 1:33:03.120 consumer confidence taking a little bit of a hit, But 1:33:03.200 --> 1:33:04.600 in the end it's all balancing out. A lot of 1:33:04.640 --> 1:33:07.559 this of course, seeing even more chirp this week about 1:33:08.000 --> 1:33:11.960 artificial intelligence spending spree, and it's all over inflated, and 1:33:12.760 --> 1:33:16.800 but it's balancing out tariffs and sense that some are 1:33:16.880 --> 1:33:21.000 revising their growth predictions experts like yourself predicting upward trend 1:33:21.000 --> 1:33:23.080 as opposed to a negative one with the tariffs. So 1:33:23.320 --> 1:33:24.759 how much of that is driven by the AI? 1:33:25.880 --> 1:33:27.439 A lot of a lot of it. And I think 1:33:27.479 --> 1:33:29.760 you know, as we've discussed in the past, you know 1:33:30.040 --> 1:33:32.599 AR is here to stay. It's a revolution. I believe 1:33:32.600 --> 1:33:34.280 in it. I use it in my job. I think 1:33:34.280 --> 1:33:37.840 if you work for an organization that is not implementing it, 1:33:37.920 --> 1:33:39.920 you're going to get left in the dust. It's a 1:33:39.960 --> 1:33:43.360 part of everyday life. Most everybody uses it in some capacity. 1:33:43.400 --> 1:33:45.400 You might not even realize it. You know, when you're 1:33:45.439 --> 1:33:47.720 typing any email, when it finishes your sentence, that is 1:33:47.760 --> 1:33:50.080 a form of AI. And it's only going to start 1:33:50.120 --> 1:33:52.280 to get more and more profound, and it's going to 1:33:52.360 --> 1:33:54.799 be start to be more and more of our daily lives. 1:33:55.000 --> 1:33:57.280 And with any business, when you start a business, or 1:33:57.439 --> 1:33:59.680 if you get into some type of industry, a lot 1:33:59.680 --> 1:34:01.400 of time it can take a couple of years before 1:34:01.400 --> 1:34:05.120 you actually become profitable. So it's more about the guidance 1:34:05.160 --> 1:34:07.439 that we get from these companies and the outlook that 1:34:07.479 --> 1:34:09.600 we have for these companies. And not only you know, 1:34:09.640 --> 1:34:13.280 with a certain product, but with an entire revolution of 1:34:13.320 --> 1:34:16.240 a way that we go about life. I think most 1:34:16.280 --> 1:34:19.040 investors are smart to understand that, yes, the price is 1:34:19.080 --> 1:34:22.599 a little bit inflated. The value might not be there today, 1:34:22.800 --> 1:34:26.280 but future growth suggests that this is still a good 1:34:26.320 --> 1:34:30.200 investment because they will eventually start to have significant earnings 1:34:30.320 --> 1:34:32.120 on top of what they already have today. And so 1:34:32.400 --> 1:34:34.960 I'm still pro AI. I think you should have it 1:34:35.000 --> 1:34:37.519 as a part of your portfolio. A lot of times 1:34:37.560 --> 1:34:39.200 you do and don't even know it. Within your four 1:34:39.240 --> 1:34:41.559 to one K. It's probably a part of mutual funds. 1:34:41.600 --> 1:34:44.160 And that's why your accounts have really done so well 1:34:44.160 --> 1:34:46.160 over the last three years. A lot of it has 1:34:46.200 --> 1:34:47.720 to do with AI and technology. 1:34:47.800 --> 1:34:48.120 You know what. 1:34:48.120 --> 1:34:51.400 This week is the third anniversary of the rollout of 1:34:51.479 --> 1:34:52.920 chad GPT three years. 1:34:52.960 --> 1:34:55.639 Only been three years, it feels like it's been longer. 1:34:56.160 --> 1:34:56.400 It does. 1:34:56.800 --> 1:34:58.880 It feels like it's been around for ten yeares it does. 1:34:59.000 --> 1:34:59.800 That's incredible. 1:35:00.040 --> 1:35:02.479 It is incredible and and and we use that in 1:35:02.520 --> 1:35:05.519 our daily business. Most people do. My wife does uses 1:35:05.560 --> 1:35:08.559 it for work, and it helps you draw emails and 1:35:08.680 --> 1:35:10.400 it gives you a lot of good information. And now 1:35:10.400 --> 1:35:12.800 when you get on Google, you know, a lot of 1:35:12.840 --> 1:35:15.439 the information that you're searching comes up first with an 1:35:15.479 --> 1:35:18.760 AI summary, pulling from a number of different sites to 1:35:18.800 --> 1:35:21.680 try to summarize in a succinct way the information that 1:35:21.720 --> 1:35:23.960 you're looking for. So I see it even if I'm 1:35:24.000 --> 1:35:26.880 just searching something in Google about something that I watched 1:35:26.920 --> 1:35:28.479 on National Geographic Channel, And. 1:35:28.439 --> 1:35:31.559 So it's more intelligence is the thing that's right. 1:35:31.360 --> 1:35:33.240 And I'm and I'm fine with that. You know, we 1:35:33.560 --> 1:35:35.719 want to keep advancing, we want to become more efficient. 1:35:36.040 --> 1:35:39.880 We've had other industrial revolutions and technology revolutions where people 1:35:39.920 --> 1:35:43.240 felt that jobs were going to be lost and and 1:35:43.320 --> 1:35:45.680 maybe some more. But at the end of the day, 1:35:45.680 --> 1:35:47.719 it's going to create more opportunity. It's going to create 1:35:47.760 --> 1:35:50.519 more jobs and different industries for everybody throughout the United 1:35:50.560 --> 1:35:51.519 States and the rest of the world. 1:35:51.560 --> 1:35:53.479 All right, real quick, what do you got week ahead here? 1:35:53.520 --> 1:35:54.599 What indicators you're looking at? 1:35:55.000 --> 1:35:57.800 Yeah, there's a few, you know, for the most part 1:35:57.840 --> 1:36:00.920 where we're going to get some back data. The PCE 1:36:01.160 --> 1:36:03.120 is going to come out Friday. That's the FEDS Preferred 1:36:03.160 --> 1:36:06.759 Inflation measure, you know, So that's going to be interesting 1:36:06.760 --> 1:36:08.439 to see what we get from there. We're also going 1:36:08.479 --> 1:36:12.560 to get job as claims, payroll reports, the ism, manufacturing 1:36:12.600 --> 1:36:16.160 and service surveys. Those are always interesting, interesting because you know, 1:36:16.200 --> 1:36:19.240 those are reflections of supply managers and how they feel 1:36:19.240 --> 1:36:21.800 about their inventories and whether they feel it's you know, 1:36:21.960 --> 1:36:24.479 gaining momentum or losing momentum. And so those are the 1:36:24.560 --> 1:36:27.240 things that I'm looking at this week, and so we'll 1:36:27.240 --> 1:36:29.280 see how it goes, but I do expect that at 1:36:29.280 --> 1:36:31.280 this point we will probably see a rate cut in 1:36:31.280 --> 1:36:32.120 the next couple of weeks. 1:36:32.200 --> 1:36:34.840 Okay, Andy Schaeffer, Allworth Financial Simply Money is the show 1:36:34.840 --> 1:36:36.840 at airs at six o'clock tonight on fifty five. Care 1:36:36.920 --> 1:36:40.040 soe you appreciate Andrew, Okay, Seeliers, take care. I'll see 1:36:40.040 --> 1:36:41.599 you next week and Willie is on the way right 1:36:41.600 --> 1:36:43.439 after news update here on the home of the best 1:36:43.479 --> 1:36:45.679 Bengals coverage seven hundred ww since net