1 00:00:11,080 --> 00:00:13,880 Speaker 1: This is America's Trucking Network with Kevin Gordon. 2 00:00:15,840 --> 00:00:16,520 Speaker 2: Welcome more. 3 00:00:16,880 --> 00:00:20,200 Speaker 3: Thanks for tuning in on this Tuesday morning. Well, we 4 00:00:20,280 --> 00:00:24,040 Speaker 3: got the initial jobless claims last week. Now the Bureau 5 00:00:24,079 --> 00:00:26,480 Speaker 3: of Labor Statistics has been shut down due to the 6 00:00:26,520 --> 00:00:31,240 Speaker 3: government's shutdown, the Schumer shutdown, and yet Goldman Sachs and 7 00:00:31,360 --> 00:00:35,279 Speaker 3: JP Morgan were able to extract the same information that 8 00:00:35,320 --> 00:00:38,800 Speaker 3: the Bureau of Labor Statistics looks at because this is 9 00:00:38,840 --> 00:00:41,800 Speaker 3: all posted on the website, and they were able to 10 00:00:41,840 --> 00:00:45,559 Speaker 3: extract this information, which then leads me, as I've been 11 00:00:45,960 --> 00:00:49,200 Speaker 3: mentioning over the last couple of weeks, is why are 12 00:00:49,240 --> 00:00:53,040 Speaker 3: we dependent on these government agencies to do that and 13 00:00:53,120 --> 00:00:57,160 Speaker 3: put these numbers together when it's readily available and the 14 00:00:57,320 --> 00:01:01,920 Speaker 3: people that use that information wait on the Bureau of 15 00:01:02,000 --> 00:01:05,880 Speaker 3: Labor Statistics or a government agency to collect that data 16 00:01:05,959 --> 00:01:09,800 Speaker 3: for them, when if they're in that business, they're probably 17 00:01:09,840 --> 00:01:14,479 Speaker 3: collecting that information anyway as a heads up to their clients. 18 00:01:14,959 --> 00:01:18,720 Speaker 3: So isn't this a bit of a redundancy And wouldn't 19 00:01:18,720 --> 00:01:22,240 Speaker 3: it be more wouldn't it be more? It would be 20 00:01:22,280 --> 00:01:26,360 Speaker 3: more independent if you've got two different competing firms that 21 00:01:26,440 --> 00:01:30,760 Speaker 3: are out there getting that statistics and then presenting it. 22 00:01:31,280 --> 00:01:33,720 Speaker 3: One wouldn't be able to favor it in one direction 23 00:01:33,840 --> 00:01:36,640 Speaker 3: or another, or fudge the numbers in order to boost 24 00:01:36,640 --> 00:01:42,480 Speaker 3: their sales or encourage more clients to invest in stocks, 25 00:01:42,520 --> 00:01:44,560 Speaker 3: because that would come back and bite them in the 26 00:01:44,560 --> 00:01:47,800 Speaker 3: butt later on. Anyway, But think of the amount of people, 27 00:01:47,840 --> 00:01:51,000 Speaker 3: the number of people involved Bureau of Labor Statistics, that 28 00:01:51,080 --> 00:01:54,680 Speaker 3: are doing what the private sector can do. Going back 29 00:01:54,720 --> 00:01:59,280 Speaker 3: to Abraham Lincoln, he talked about that we hire the 30 00:01:59,320 --> 00:02:04,080 Speaker 3: government to do for us collectively what we can't do individually. 31 00:02:04,280 --> 00:02:07,960 Speaker 3: In other words, I can't afford to have a security 32 00:02:08,000 --> 00:02:11,560 Speaker 3: officer outside of my house every day. Our neighborhood can't 33 00:02:11,600 --> 00:02:15,639 Speaker 3: afford that. So what we do, as far as taxpayers 34 00:02:15,680 --> 00:02:19,440 Speaker 3: are concerned our city, we hire police department. I can't 35 00:02:19,520 --> 00:02:24,079 Speaker 3: hire firemen to stand out there also, so we hire 36 00:02:24,360 --> 00:02:28,560 Speaker 3: fire departments, we hire road departments, all these things that 37 00:02:28,600 --> 00:02:33,040 Speaker 3: we individually can't do. And so when the government, like 38 00:02:33,080 --> 00:02:35,639 Speaker 3: the Bureau of Labor Statistics and some of these reporting 39 00:02:35,680 --> 00:02:38,840 Speaker 3: agencies go into something that can be done in the 40 00:02:38,880 --> 00:02:42,400 Speaker 3: private sector, why are we letting that happen and why 41 00:02:42,440 --> 00:02:48,040 Speaker 3: are we building breau this bureaucratic nightmare in terms of 42 00:02:48,120 --> 00:02:51,320 Speaker 3: all these individuals. So again that's just my two cents 43 00:02:51,360 --> 00:02:54,079 Speaker 3: worth that maybe that's one of the areas that can 44 00:02:54,120 --> 00:02:57,600 Speaker 3: be cut if this information is available. And what it 45 00:02:57,720 --> 00:03:00,560 Speaker 3: is is that it talks about in here. Now, now 46 00:03:00,680 --> 00:03:04,639 Speaker 3: let's we get into it. But basically, the states report 47 00:03:04,720 --> 00:03:08,160 Speaker 3: their numbers to the federal government on a weekly basis, 48 00:03:08,880 --> 00:03:11,720 Speaker 3: and sometimes that information is delayed, and that's why you 49 00:03:11,760 --> 00:03:16,359 Speaker 3: have seasonally adjusted or adjusted later on. Number of Americans 50 00:03:16,400 --> 00:03:20,160 Speaker 3: filing for applications for jobless benefits fell last week, economists 51 00:03:20,160 --> 00:03:23,840 Speaker 3: at JP Morgan and Goldman Sachs estimated on Thursday, but 52 00:03:24,040 --> 00:03:29,560 Speaker 3: lackluster hiring has left many on unemployment roles. Initial claims 53 00:03:29,560 --> 00:03:34,960 Speaker 3: for state unemployment benefits dropped dropped to a seasonally adjusted 54 00:03:35,000 --> 00:03:38,520 Speaker 3: two hundred and seventeen thousand for the week ending October 55 00:03:38,560 --> 00:03:43,720 Speaker 3: eleventh from two hundred and thirty five thousand the previous week. Now, 56 00:03:44,520 --> 00:03:47,000 Speaker 3: sky was following a couple of weeks ago with the 57 00:03:47,120 --> 00:03:51,000 Speaker 3: jobless claims approaching two hundred and fifty thousand. We found 58 00:03:51,040 --> 00:03:56,000 Speaker 3: out that that was somewhat not somewhat, but inflated by 59 00:03:56,040 --> 00:04:00,760 Speaker 3: about thirteen thousand thereabouts because of some fraudulent claims that 60 00:04:00,800 --> 00:04:03,960 Speaker 3: were made in Texas, and this was a group of 61 00:04:03,960 --> 00:04:08,640 Speaker 3: people or a group an organization trying to do fraudulent claims. Now, 62 00:04:08,800 --> 00:04:11,760 Speaker 3: the stories you heard that here on America's struck A network, 63 00:04:12,080 --> 00:04:14,360 Speaker 3: but you didn't hear that in the Spoon feder regurgitators 64 00:04:14,360 --> 00:04:16,640 Speaker 3: in the mainstream media. They just said, oh, it was 65 00:04:16,680 --> 00:04:20,200 Speaker 3: adjusted from the prior week. But again, we correct the 66 00:04:20,240 --> 00:04:23,920 Speaker 3: information here and give you the straight information without all 67 00:04:23,960 --> 00:04:26,680 Speaker 3: the fluff, without all the because again, if it bleeds, 68 00:04:26,680 --> 00:04:29,120 Speaker 3: it leads as far as the Spoon federalgurgitators in the 69 00:04:29,160 --> 00:04:32,600 Speaker 3: mainstream media. But that information is out there and that's 70 00:04:32,600 --> 00:04:35,120 Speaker 3: in people's mind, and what I want to do is 71 00:04:35,160 --> 00:04:38,280 Speaker 3: correct that if it's wrong. So again, when we look 72 00:04:38,320 --> 00:04:41,560 Speaker 3: at these numbers, down down to two hundred and seventeen 73 00:04:41,600 --> 00:04:44,800 Speaker 3: thousand from two hundred and thirty five thousand the prior week, 74 00:04:45,400 --> 00:04:47,880 Speaker 3: US government shutdown now in its third week, due to 75 00:04:48,600 --> 00:04:54,080 Speaker 3: political standoff between Republicans and Democrats, basically by Democrats. Now, 76 00:04:54,120 --> 00:04:57,080 Speaker 3: let's let me throw this out there. There was a 77 00:04:57,320 --> 00:05:04,040 Speaker 3: continuing resolution, a clean continuing resolution, no additions from the Democrats, 78 00:05:04,600 --> 00:05:06,840 Speaker 3: no additions from the Republicans. 79 00:05:07,240 --> 00:05:11,000 Speaker 4: It was okay, what we're going to do is vote. 80 00:05:10,720 --> 00:05:15,000 Speaker 3: To keep the government open at the same rate, at 81 00:05:15,040 --> 00:05:19,480 Speaker 3: the same budget, at the same everything as before. None 82 00:05:19,480 --> 00:05:22,839 Speaker 3: of our stuff that we won as Republicans or Conservatives 83 00:05:22,960 --> 00:05:26,320 Speaker 3: are added on this or tacked onto this. Nothing from 84 00:05:26,320 --> 00:05:30,479 Speaker 3: the Democrats. It's just a what they call a clean bill, 85 00:05:30,839 --> 00:05:35,840 Speaker 3: clean resolution. And yet the Democrats have voted against that 86 00:05:36,040 --> 00:05:39,440 Speaker 3: what eleven times now and refuse to open the government 87 00:05:39,640 --> 00:05:44,839 Speaker 3: because they want to add a one point five trillion 88 00:05:45,440 --> 00:05:51,240 Speaker 3: dollars in subsidies and government assistance to illegal aliens. 89 00:05:51,880 --> 00:05:53,400 Speaker 4: That's the bottom line there. 90 00:05:53,680 --> 00:05:58,159 Speaker 3: So a clean continuing resolution has been voted down eleven 91 00:05:58,200 --> 00:06:02,239 Speaker 3: times by the Democrats. So because they're not getting their way, 92 00:06:02,720 --> 00:06:06,880 Speaker 3: because they're not getting the additions that they want, they're 93 00:06:06,920 --> 00:06:09,159 Speaker 3: going to shut the government down as opposed to just 94 00:06:09,279 --> 00:06:12,120 Speaker 3: leaving things as they are to continue on and on. 95 00:06:12,480 --> 00:06:16,479 Speaker 3: Now again, go back and listen to what they said 96 00:06:16,680 --> 00:06:19,520 Speaker 3: a couple of years ago, or even six months ago. 97 00:06:19,760 --> 00:06:22,120 Speaker 3: I think it was in March that they said, to 98 00:06:22,240 --> 00:06:27,320 Speaker 3: shut the government down is ridiculous. So each side needs 99 00:06:27,360 --> 00:06:30,080 Speaker 3: to pull out all the freebies that are holding this up. 100 00:06:30,120 --> 00:06:32,680 Speaker 3: And we just have this clean bill, and everybody was 101 00:06:32,720 --> 00:06:35,080 Speaker 3: on board with that, and all the Democrats or the 102 00:06:35,160 --> 00:06:38,119 Speaker 3: Democrats voted for now all of a sudden six months 103 00:06:38,200 --> 00:06:40,239 Speaker 3: later when Donald Trump's in the White House. 104 00:06:40,440 --> 00:06:42,600 Speaker 4: Hm, we don't get that interesting. 105 00:06:42,880 --> 00:06:47,839 Speaker 3: States, however, continue to collect the claims data and submit 106 00:06:47,880 --> 00:06:52,360 Speaker 3: it to the Labor Department's database, which remains accessible, so 107 00:06:52,440 --> 00:06:56,040 Speaker 3: that information is added in there. Economists have been using 108 00:06:56,080 --> 00:07:00,680 Speaker 3: the unadjusted claims data to make estimates using season adjustment 109 00:07:00,760 --> 00:07:04,760 Speaker 3: factors that the government published earlier this year. Claims data 110 00:07:04,839 --> 00:07:10,920 Speaker 3: was unavailable for Arizona, Massachusetts, Nevada, and Tennessee. Now question here, 111 00:07:11,240 --> 00:07:14,880 Speaker 3: if this information is so relevant and so important to 112 00:07:15,000 --> 00:07:18,000 Speaker 3: the decision making as far as the federal reserve on 113 00:07:18,200 --> 00:07:22,000 Speaker 3: interest rates, as far as how the job market is doing, 114 00:07:22,360 --> 00:07:26,080 Speaker 3: if businesses are relying on this information as to what 115 00:07:26,160 --> 00:07:28,640 Speaker 3: the unemployment rate is and just a gauge of how 116 00:07:28,680 --> 00:07:31,240 Speaker 3: well the economy is doing. Because if they're out there 117 00:07:31,360 --> 00:07:35,560 Speaker 3: selling stuff and there's large unemployment, then they can expect 118 00:07:35,600 --> 00:07:37,640 Speaker 3: that their business is going to take a downturn because 119 00:07:37,720 --> 00:07:39,280 Speaker 3: people are out of work they don't have money to 120 00:07:39,320 --> 00:07:42,600 Speaker 3: pay for it. So with that in mind, why are 121 00:07:42,640 --> 00:07:46,960 Speaker 3: these states late Arizona, Massachusetts, Nevada, and Tennessee. According to this, 122 00:07:47,080 --> 00:07:51,760 Speaker 3: our estimates assumed the initial claims for Tennessee, Massachusetts, and Arizona, Nevada, 123 00:07:51,880 --> 00:07:56,080 Speaker 3: which didn't appear in today's DOL data. We're in line 124 00:07:56,120 --> 00:07:58,880 Speaker 3: with the latest published numbers, according to Goldman. Sachs said 125 00:07:58,880 --> 00:08:02,160 Speaker 3: in a note, the range between two hundred and eleven 126 00:08:02,200 --> 00:08:04,680 Speaker 3: thousand and two hundred and twenty five thousand, using the 127 00:08:04,720 --> 00:08:07,520 Speaker 3: lowest and highest levels for claims in these states during 128 00:08:07,560 --> 00:08:11,720 Speaker 3: the year. Now, again, if this is important, why aren't 129 00:08:11,720 --> 00:08:16,000 Speaker 3: the states getting this in on time and timely information 130 00:08:16,440 --> 00:08:19,320 Speaker 3: to get this to the necessary people so that they 131 00:08:19,360 --> 00:08:22,840 Speaker 3: can make intelligent decisions. Again, this is one of those 132 00:08:22,880 --> 00:08:25,600 Speaker 3: things that I talk about that if there's no if 133 00:08:25,640 --> 00:08:28,920 Speaker 3: there's no time frame on this, if there's no penalty 134 00:08:28,960 --> 00:08:31,480 Speaker 3: for not doing this, and you know, hey, you know 135 00:08:31,520 --> 00:08:34,080 Speaker 3: I don't get to it today. You know, Hey, I 136 00:08:34,120 --> 00:08:36,720 Speaker 3: get off work at four o'clock and it's you know, 137 00:08:36,760 --> 00:08:37,560 Speaker 3: it's two o'clock. 138 00:08:37,600 --> 00:08:39,559 Speaker 4: Now, I really don't want to start. 139 00:08:39,320 --> 00:08:41,800 Speaker 3: Anything new because you know, then I'll have to maybe 140 00:08:41,840 --> 00:08:44,200 Speaker 3: I'll have to work five minutes over time, and you 141 00:08:44,240 --> 00:08:46,439 Speaker 3: know I can't do that as a state. 142 00:08:46,240 --> 00:08:48,439 Speaker 4: Office worker or whatever. It's nuts. 143 00:08:48,720 --> 00:08:52,560 Speaker 3: Abbiel Reinhardt and economists at JP Morgan. The latest job 144 00:08:52,679 --> 00:08:56,960 Speaker 3: was claims look quite decent and suggests layoffs remin low. 145 00:08:57,679 --> 00:09:00,880 Speaker 4: With movement in the and with no movement in the 146 00:09:00,960 --> 00:09:01,880 Speaker 4: unemployment rate. 147 00:09:02,480 --> 00:09:06,240 Speaker 3: Claims data have become key for Federal Reserve officials trying 148 00:09:06,240 --> 00:09:09,440 Speaker 3: to assess the health of the labor market ahead of 149 00:09:09,840 --> 00:09:14,000 Speaker 3: the October twenty eighth twenty ninth policy meeting. Now they 150 00:09:14,280 --> 00:09:17,200 Speaker 3: get in here into some of the government or some 151 00:09:17,440 --> 00:09:20,000 Speaker 3: hiring and how some of these numbers are kind of 152 00:09:20,160 --> 00:09:22,360 Speaker 3: turned around or analyzed and so on. 153 00:09:22,480 --> 00:09:23,679 Speaker 4: We'll pick this up coming up. 154 00:09:23,720 --> 00:09:28,640 Speaker 3: I'm Kevin Gordon, America's Trucking Network, seven hundred WLW. 155 00:09:29,440 --> 00:09:30,559 Speaker 4: I need this is. 156 00:09:30,480 --> 00:09:35,040 Speaker 1: The breathing reward on America's Druging Network on seven hundred WLW. 157 00:09:35,960 --> 00:09:39,080 Speaker 5: Chase Briscoe advanced to the Championship four the NASCAR Cup 158 00:09:39,160 --> 00:09:42,319 Speaker 5: Series with that thrilling last lap win at Talladega Sunday. 159 00:09:42,720 --> 00:09:46,200 Speaker 5: So far in the Championship four headed to Phoenix is 160 00:09:46,240 --> 00:09:49,600 Speaker 5: the season wins leader in Denny Hamlin, the season top 161 00:09:49,720 --> 00:09:53,520 Speaker 5: five leader in brisco Two drivers holding the final two 162 00:09:53,600 --> 00:09:57,080 Speaker 5: spots are now the season lapse leader Kyle Larson, and 163 00:09:57,160 --> 00:10:00,560 Speaker 5: the season's top ten average finish leader in Chris for Bell. 164 00:10:01,080 --> 00:10:04,080 Speaker 5: Speaking of the playoffs, reports are NASCAR is close to 165 00:10:04,120 --> 00:10:07,480 Speaker 5: finalizing a playoff format that would feature the old ten 166 00:10:07,600 --> 00:10:11,640 Speaker 5: race chase beginning in twenty twenty six. An official announcement 167 00:10:11,720 --> 00:10:16,160 Speaker 5: after the championship at weekend in Phoenix, Max Verstappen dominated 168 00:10:16,200 --> 00:10:18,599 Speaker 5: and won the Formula one United States Grand Prix for 169 00:10:18,679 --> 00:10:21,760 Speaker 5: his fifth victory of the season Sunday. For Stappan is 170 00:10:21,800 --> 00:10:25,160 Speaker 5: now within forty points of leader Oscar Piastre, which has 171 00:10:25,280 --> 00:10:28,400 Speaker 5: four racers remaining in the F one season. For Stappan 172 00:10:28,480 --> 00:10:31,400 Speaker 5: has made up sixty four points in the last four events. 173 00:10:31,520 --> 00:10:35,000 Speaker 6: Yeah, we are having some really good weekends, and of 174 00:10:35,000 --> 00:10:36,640 Speaker 6: course we also know that we need to be perfect 175 00:10:36,640 --> 00:10:37,719 Speaker 6: till the end of the season to. 176 00:10:37,679 --> 00:10:38,320 Speaker 4: Have a chance. 177 00:10:38,800 --> 00:10:41,640 Speaker 6: But we will try, you know, and if we succeed 178 00:10:41,640 --> 00:10:44,520 Speaker 6: of goes amazing. If we don't, we tried everything we 179 00:10:44,559 --> 00:10:47,120 Speaker 6: could till the end and we kept it exciting and 180 00:10:47,160 --> 00:10:48,680 Speaker 6: that's I think the spirit for us. 181 00:10:48,760 --> 00:10:51,600 Speaker 5: The United States Grand Prix in Austin, Texas will remain 182 00:10:51,679 --> 00:10:54,760 Speaker 5: on the F one calendar until the twenty thirty four season. 183 00:10:55,600 --> 00:10:58,679 Speaker 1: I Love This is the racing report on America's Drugging 184 00:10:58,760 --> 00:11:03,679 Speaker 1: Network on seven High WLW Say Dennis at atn. 185 00:11:03,280 --> 00:11:05,920 Speaker 7: I'm John Morgan of Morgan and Morgan. I've been asked 186 00:11:05,920 --> 00:11:08,600 Speaker 7: many times how Morgan and Morgan became the largest injury 187 00:11:08,640 --> 00:11:09,559 Speaker 7: firm in the world. 188 00:11:09,640 --> 00:11:10,320 Speaker 4: I think I know. 189 00:11:10,559 --> 00:11:13,080 Speaker 7: When someone comes to us for an on the job injury, 190 00:11:13,080 --> 00:11:16,480 Speaker 7: we have a huge workers compensation practice, but many times 191 00:11:16,480 --> 00:11:19,600 Speaker 7: we find a defective product that was responsible for that injury. 192 00:11:19,679 --> 00:11:22,640 Speaker 7: Luckily for them, we have a product liability section headed 193 00:11:22,679 --> 00:11:25,200 Speaker 7: by my son Mike. In addition to the comp case, 194 00:11:25,360 --> 00:11:27,960 Speaker 7: there is a product case too. Other times the injured 195 00:11:28,000 --> 00:11:30,680 Speaker 7: worker is fired or harassed for bringing that claim. 196 00:11:30,760 --> 00:11:31,840 Speaker 4: We have them covered. 197 00:11:31,920 --> 00:11:35,760 Speaker 7: Our employment lawyers handle retaliation claims as well as wage, 198 00:11:35,800 --> 00:11:39,240 Speaker 7: theft and discrimination cases, and in some cases need to 199 00:11:39,280 --> 00:11:42,839 Speaker 7: file for Social Security benefits. No problem. We became big 200 00:11:42,920 --> 00:11:45,600 Speaker 7: for a reason. Thirty percent of our new cases come 201 00:11:45,640 --> 00:11:49,000 Speaker 7: as referrals from former clients. Hiring us is easy. Go 202 00:11:49,080 --> 00:11:51,880 Speaker 7: to fourtherpeople dot Com on your mobile device or computer, 203 00:11:52,120 --> 00:11:54,959 Speaker 7: or call Pound Law on your cell pund five to 204 00:11:55,200 --> 00:11:57,839 Speaker 7: nine Morgan and Morgan Injured Dial Pound. 205 00:11:57,640 --> 00:12:00,160 Speaker 3: Law, Morgan and Morgan, Ohio office located at six und 206 00:12:00,320 --> 00:12:01,200 Speaker 3: Vine Street, Cincinnati. 207 00:12:01,240 --> 00:12:03,280 Speaker 4: Prior results do not guarantee a similar outcome. 208 00:12:04,400 --> 00:12:07,640 Speaker 8: Where with Bridget whose husband won't be home for months 209 00:12:08,920 --> 00:12:12,880 Speaker 8: and whose daughter is due any day. Where with Mike, 210 00:12:13,800 --> 00:12:18,320 Speaker 8: who's leaving home to protect his family and yours. 211 00:12:19,480 --> 00:12:20,319 Speaker 4: We're with all. 212 00:12:20,240 --> 00:12:24,960 Speaker 8: Service members and their families who need community, connection and 213 00:12:25,080 --> 00:12:27,120 Speaker 8: maybe a bit of magic. 214 00:12:27,679 --> 00:12:28,680 Speaker 4: Are you with them? 215 00:12:29,160 --> 00:12:34,679 Speaker 9: Learn more at USO dot org Today. Where with Liam 216 00:12:34,920 --> 00:12:39,280 Speaker 9: after his fourth military move, when being new is starting 217 00:12:39,720 --> 00:12:46,520 Speaker 9: to get old. We're with Tara during the holidays when 218 00:12:46,559 --> 00:12:52,240 Speaker 9: she misses home the most. Where with all service members 219 00:12:52,320 --> 00:12:57,040 Speaker 9: and their families who need connection, comfort and a home 220 00:12:57,080 --> 00:12:57,839 Speaker 9: away from home. 221 00:12:58,360 --> 00:13:01,720 Speaker 4: Are you with them? Learn more at USO dealt with. 222 00:13:01,960 --> 00:13:04,120 Speaker 10: Since a former Bengal and Pro Football Hall of Famer 223 00:13:04,160 --> 00:13:05,040 Speaker 10: Anthony Munias. 224 00:13:05,080 --> 00:13:07,319 Speaker 7: Are you or someone you know looking to gain valuable 225 00:13:07,360 --> 00:13:08,720 Speaker 7: experience that positivity. 226 00:13:10,080 --> 00:13:11,080 Speaker 4: I'm Kevin Gordon. 227 00:13:11,120 --> 00:13:15,400 Speaker 3: America struck a network seven hundred WLW. I'm talking about 228 00:13:15,480 --> 00:13:19,959 Speaker 3: US weekly Jobless Claims data, and it declined. It went 229 00:13:20,000 --> 00:13:23,120 Speaker 3: from two hundred and thirty five thousand in the prior 230 00:13:23,200 --> 00:13:26,080 Speaker 3: week down to two hundred and seventeen thousand, So fewer 231 00:13:26,120 --> 00:13:28,520 Speaker 3: people are being laid off on a weekly basis, which 232 00:13:28,559 --> 00:13:31,079 Speaker 3: is in line now just since the beginning of the year, 233 00:13:31,160 --> 00:13:35,040 Speaker 3: over the last several about two three years now, the range, 234 00:13:35,040 --> 00:13:38,640 Speaker 3: and unemployment has gone from two hundred thousand to up 235 00:13:38,640 --> 00:13:41,240 Speaker 3: to two hundred and fifty thousand, So at two hundred 236 00:13:41,240 --> 00:13:43,600 Speaker 3: and seventeen thousand, we're at the lower end of that 237 00:13:43,679 --> 00:13:48,520 Speaker 3: particular spectrum, which is good. Now, one of the paragraphs 238 00:13:48,559 --> 00:13:52,440 Speaker 3: in here, both layoffs and hiring remained slow or remain 239 00:13:52,559 --> 00:13:55,600 Speaker 3: low rather, which is the same thing we've been hearing 240 00:13:55,640 --> 00:13:59,679 Speaker 3: now for several weeks and even months. FED Chairman Lion 241 00:13:59,720 --> 00:14:02,400 Speaker 3: Jerry Powell. That's not part of the article. That's my 242 00:14:02,520 --> 00:14:05,880 Speaker 3: little editorial there. But anyway, FED Chairman Lyon Jerry Powell 243 00:14:05,920 --> 00:14:09,600 Speaker 3: said this week, available evidence suggests that both layoffs and 244 00:14:09,800 --> 00:14:14,880 Speaker 3: hiring remain low, captain obvious, and that both households perceptions 245 00:14:14,920 --> 00:14:20,160 Speaker 3: of job availability and firms perceptions of hiring difficulty continue 246 00:14:20,200 --> 00:14:25,200 Speaker 3: their downward trajectories. Catch the keyword in their perceptions. That's 247 00:14:25,240 --> 00:14:29,880 Speaker 3: what people are assuming that the job market is slow. Now, 248 00:14:29,880 --> 00:14:34,800 Speaker 3: why is it slow? What could possibly handle? What could 249 00:14:34,840 --> 00:14:40,040 Speaker 3: possibly cause their perceptions? Could it be that down? Talking 250 00:14:40,240 --> 00:14:44,760 Speaker 3: of the economy since January? I mean, this is some 251 00:14:44,840 --> 00:14:46,840 Speaker 3: of the crap that we have heard from the spoon 252 00:14:46,880 --> 00:14:52,440 Speaker 3: fed regurgitators in the mainstream media over the last ten 253 00:14:52,480 --> 00:14:56,200 Speaker 3: and a half months, ten months thereabouts, well, actually yesterday 254 00:14:56,240 --> 00:14:59,720 Speaker 3: being the twentieth of October, and the inauguration in January 255 00:14:59,720 --> 00:15:03,720 Speaker 3: the tw so we're into the nine excuse me, the 256 00:15:03,840 --> 00:15:08,520 Speaker 3: ninth month of the second Trump term. So from day one, 257 00:15:09,120 --> 00:15:11,680 Speaker 3: there's been this negative talk as far as the economy 258 00:15:11,720 --> 00:15:16,840 Speaker 3: is concerned, and in my opinion, trying to manufacture a 259 00:15:16,920 --> 00:15:20,880 Speaker 3: recession because when the talk was about terrorists. 260 00:15:20,600 --> 00:15:22,680 Speaker 4: Remember you may remember at the beginning of the year when. 261 00:15:22,560 --> 00:15:25,080 Speaker 3: They were talking about tariffs, that oh, this is this 262 00:15:25,120 --> 00:15:27,800 Speaker 3: is going to spiral out of control. We're going to 263 00:15:27,840 --> 00:15:31,560 Speaker 3: go into a recession, we are going to have rampant 264 00:15:31,720 --> 00:15:35,400 Speaker 3: out of control inflation, and on and on and on, 265 00:15:36,040 --> 00:15:39,160 Speaker 3: none of which has happened, and everybody is admitting that 266 00:15:39,400 --> 00:15:42,600 Speaker 3: it hasn't happened, and we're seeing a little bit of 267 00:15:42,640 --> 00:15:45,680 Speaker 3: trickle But when you get into the nuts and bolts 268 00:15:45,720 --> 00:15:48,560 Speaker 3: of what's causing some of the inflation, it has to 269 00:15:48,600 --> 00:15:52,480 Speaker 3: do with salary and wage increases from union contracts and 270 00:15:52,560 --> 00:15:56,400 Speaker 3: other contracts that have been established over the last well 271 00:15:56,480 --> 00:15:59,680 Speaker 3: two and a half years, and yet nobody digs into 272 00:15:59,680 --> 00:16:02,360 Speaker 3: that information and talks about it other than here on 273 00:16:02,400 --> 00:16:05,760 Speaker 3: America's struck a network. So when you start seeing this 274 00:16:05,880 --> 00:16:09,920 Speaker 3: inflation going in, where is the inflation coming from. 275 00:16:10,040 --> 00:16:10,960 Speaker 4: A couple of weeks. 276 00:16:10,760 --> 00:16:14,560 Speaker 3: Ago, Lion Jerry Powell talked about the service sector. Well, 277 00:16:14,600 --> 00:16:18,880 Speaker 3: the service sector isn't vulnerable to tariffs. The service sector 278 00:16:18,920 --> 00:16:22,640 Speaker 3: is vulnerable to wages. It is why it's called the 279 00:16:22,840 --> 00:16:27,080 Speaker 3: service sector. And so if the wages go up in 280 00:16:27,120 --> 00:16:31,120 Speaker 3: the service sector, then that's going that's going to cause 281 00:16:31,160 --> 00:16:35,480 Speaker 3: the inflation in that sector. And digging into those numbers, 282 00:16:35,520 --> 00:16:39,760 Speaker 3: what we saw was that the number the numbers were 283 00:16:39,840 --> 00:16:46,080 Speaker 3: high as far as the fees charged by stockbrokers because 284 00:16:46,240 --> 00:16:49,640 Speaker 3: more people are going into the market because the market 285 00:16:49,800 --> 00:16:53,640 Speaker 3: is not just the highest for the week, the highest 286 00:16:53,640 --> 00:16:56,640 Speaker 3: for the month, the highest for the year, it is 287 00:16:56,720 --> 00:17:03,800 Speaker 3: the highest of all time historically. So people are jumping in, 288 00:17:04,000 --> 00:17:07,080 Speaker 3: more people are jumping in. The fees aren't going up, 289 00:17:07,400 --> 00:17:10,600 Speaker 3: it's the volume of people in there that are going up, 290 00:17:10,800 --> 00:17:13,439 Speaker 3: and therefore those prices are going up. And when you 291 00:17:13,480 --> 00:17:18,119 Speaker 3: look at the number of management fees this year versus 292 00:17:18,200 --> 00:17:22,080 Speaker 3: last year, they are up exponentially. But the reason for 293 00:17:22,160 --> 00:17:27,000 Speaker 3: that is because of the good economy, the stock market 294 00:17:27,160 --> 00:17:30,800 Speaker 3: going to record highs and people jumping in and saying Hey, 295 00:17:31,119 --> 00:17:34,040 Speaker 3: I want to get on this bandwagon. So lion Jerry 296 00:17:34,080 --> 00:17:38,600 Speaker 3: powisit here talking about the perceptions of households. Well, you're 297 00:17:38,680 --> 00:17:42,840 Speaker 3: the Fed. You can analyze the information you got twenty 298 00:17:42,880 --> 00:17:47,880 Speaker 3: three thousand employees. I'm sure there's some economists, accountants, and 299 00:17:47,920 --> 00:17:50,480 Speaker 3: some people in there that can read a balance sheet. 300 00:17:50,880 --> 00:17:53,119 Speaker 3: Maybe they can explain some of this stuff to you. 301 00:17:53,640 --> 00:17:57,960 Speaker 3: Unemployment claims have remained within the pre government shutdown range. 302 00:17:58,040 --> 00:18:00,960 Speaker 3: They have not shown large spikes to bite the shutdown 303 00:18:01,040 --> 00:18:05,000 Speaker 3: pushing thousands of federal contractors out of work. The reason 304 00:18:05,080 --> 00:18:09,120 Speaker 3: for that which they just throw that in there. Federal workers, 305 00:18:09,200 --> 00:18:12,199 Speaker 3: hundreds of thousands of whom have been furloughed, file for 306 00:18:12,280 --> 00:18:15,000 Speaker 3: claims under a separate program. 307 00:18:15,240 --> 00:18:18,160 Speaker 4: So federal workers have a separate. 308 00:18:17,760 --> 00:18:22,760 Speaker 3: Program, just like our legislators have a separate program for 309 00:18:22,920 --> 00:18:26,800 Speaker 3: their healthcare. They're not part of Obamacare. They have their 310 00:18:26,920 --> 00:18:31,800 Speaker 3: own hybrid and a very nice, comfortable health care plan. 311 00:18:32,200 --> 00:18:35,720 Speaker 3: So if Obamacare was so great, why aren't they on? 312 00:18:35,880 --> 00:18:40,240 Speaker 4: That makes you wonder huh oh? And by the way, all. 313 00:18:40,119 --> 00:18:42,879 Speaker 3: Some of these freebies and stuff that go on the 314 00:18:43,000 --> 00:18:47,040 Speaker 3: rules and things that apply to us don't apply to them. 315 00:18:47,440 --> 00:18:48,400 Speaker 4: Isn't that amazing. 316 00:18:48,960 --> 00:18:52,720 Speaker 3: Oh, by the way, they are considered essential employees even 317 00:18:52,760 --> 00:18:55,920 Speaker 3: though they're not there, and I would question as to 318 00:18:55,960 --> 00:18:59,080 Speaker 3: whether or not they're considered an essential employee. They're still 319 00:18:59,080 --> 00:19:04,000 Speaker 3: getting a paycheck, So they're getting a paycheck, and they 320 00:19:04,160 --> 00:19:07,159 Speaker 3: voted them. They voted that the government shut down, so 321 00:19:08,080 --> 00:19:10,840 Speaker 3: why are they getting paid. See that's some of these 322 00:19:10,880 --> 00:19:14,199 Speaker 3: things that just really honked me off. Federal workers hunters, 323 00:19:14,200 --> 00:19:17,520 Speaker 3: of which they are under a separate program, The labor 324 00:19:17,560 --> 00:19:20,960 Speaker 3: market remains stuck in a no hire, no fire estate, 325 00:19:21,000 --> 00:19:24,719 Speaker 3: economists say. According to Central Banks Beige Book now that 326 00:19:24,760 --> 00:19:27,480 Speaker 3: came out last week. May recall we've talked about the 327 00:19:27,480 --> 00:19:31,640 Speaker 3: Beige Book. This is a periodic snapshot, if you will, 328 00:19:31,760 --> 00:19:35,400 Speaker 3: of the economy that is published about eight times about 329 00:19:35,400 --> 00:19:37,840 Speaker 3: every what do they say everything they say in here 330 00:19:37,880 --> 00:19:41,639 Speaker 3: somewhere that it's published. Well, we'll get to it. But 331 00:19:41,720 --> 00:19:45,400 Speaker 3: it's published about eight times a year, and that's right 332 00:19:45,400 --> 00:19:48,080 Speaker 3: before one of the Federal Reserve meetings. We've got a 333 00:19:48,119 --> 00:19:50,199 Speaker 3: meeting coming up the end of this month of the 334 00:19:50,240 --> 00:19:52,800 Speaker 3: twenty eighth through the twenty ninth, I believe. And so 335 00:19:53,400 --> 00:19:55,959 Speaker 3: this Beige Book, which is an economic snapshot of all 336 00:19:56,000 --> 00:19:58,840 Speaker 3: the different twelve districts talks about, well, this is what's 337 00:19:58,880 --> 00:20:01,560 Speaker 3: going on in our neck of the woods, here's what's 338 00:20:01,640 --> 00:20:03,919 Speaker 3: going on in this district, here's what's going on as 339 00:20:03,920 --> 00:20:07,520 Speaker 3: far as manufacturing, retail and all this, which, again, the 340 00:20:07,560 --> 00:20:11,119 Speaker 3: Federal Reserve collects this data and they've got this information 341 00:20:11,200 --> 00:20:14,880 Speaker 3: available for them to make their policy decisions during their 342 00:20:15,000 --> 00:20:18,720 Speaker 3: monthly their meetings when they meet to determine interest rate. 343 00:20:19,400 --> 00:20:23,719 Speaker 3: So if they are capable of accumulating this information and 344 00:20:23,760 --> 00:20:27,480 Speaker 3: putting it out there and assessing the economy, why is 345 00:20:27,520 --> 00:20:30,760 Speaker 3: the Bureau of Labor, Statistics, Commerce Department all this sort 346 00:20:30,760 --> 00:20:34,600 Speaker 3: of stuff doing this redundancy as well? Again, shouldn't this 347 00:20:34,680 --> 00:20:38,639 Speaker 3: be formed out And oh, if the Federal Reserve is 348 00:20:38,680 --> 00:20:43,080 Speaker 3: supposed to be this independent organization, well then wouldn't you 349 00:20:43,119 --> 00:20:46,040 Speaker 3: think that information coming out of them would be unbiased. 350 00:20:46,520 --> 00:20:50,080 Speaker 3: Apparently somebody doesn't think so, because these other government agencies 351 00:20:50,200 --> 00:20:52,919 Speaker 3: are still accumulating that data. Maybe it's a checks in 352 00:20:53,000 --> 00:20:56,240 Speaker 3: balance type of situation, making sure that one agency is 353 00:20:56,560 --> 00:20:58,040 Speaker 3: a watchdog in the other. 354 00:20:58,119 --> 00:20:58,639 Speaker 4: I don't know. 355 00:20:59,160 --> 00:21:02,280 Speaker 3: Bank of Americans survey on Thursday found signs of a 356 00:21:02,320 --> 00:21:06,000 Speaker 3: slow down in the small business labor market. Its alternative 357 00:21:06,080 --> 00:21:09,680 Speaker 3: hiring indicator based on Bank of America's small business payment 358 00:21:09,800 --> 00:21:14,119 Speaker 3: data decrease in September. It also noted business applications with 359 00:21:14,280 --> 00:21:18,720 Speaker 3: planned wages, viewed as a signal of job creation, have 360 00:21:18,880 --> 00:21:23,919 Speaker 3: dropped below pre pandemic norms, now pre pandemic norms. If 361 00:21:23,920 --> 00:21:26,720 Speaker 3: you go back to the beginning, right before the pandemic, 362 00:21:27,000 --> 00:21:30,200 Speaker 3: the economy was on a roll. We were chugging out 363 00:21:31,400 --> 00:21:35,360 Speaker 3: four point one four point five percent GDP. 364 00:21:36,600 --> 00:21:38,880 Speaker 4: The lower the. 365 00:21:38,400 --> 00:21:42,720 Speaker 3: Unemployment rate was low round four point one four percent thereabouts, 366 00:21:43,359 --> 00:21:49,880 Speaker 3: lowest unemployment rate or low lowest unemployment rate among Blacks, Hispanics, teenagers. 367 00:21:50,119 --> 00:21:54,000 Speaker 3: Everything across the board was humming along at historic highs. 368 00:21:54,200 --> 00:21:58,960 Speaker 3: So if this is below pre pandemic levels, well, pre 369 00:21:59,040 --> 00:22:02,159 Speaker 3: pandemic levels pretty darn high. The number of people receiving 370 00:22:02,200 --> 00:22:06,119 Speaker 3: unemployment benefits after the initial week aid proxy for hiring 371 00:22:06,560 --> 00:22:10,560 Speaker 3: was unchanged. He seasonally adjusted one million to a nine 372 00:22:10,600 --> 00:22:14,840 Speaker 3: hundred and twenty seven thousand, So again low hiring, low firing, 373 00:22:15,320 --> 00:22:19,359 Speaker 3: and the job market is steady and firm at not 374 00:22:20,080 --> 00:22:24,240 Speaker 3: major layoffs, not major increases, so all in all, not 375 00:22:24,320 --> 00:22:28,160 Speaker 3: too bad. Coming up, We've got some information on some 376 00:22:28,280 --> 00:22:33,160 Speaker 3: elds that have been removed from the FMCSA's registered devices list. 377 00:22:33,359 --> 00:22:38,639 Speaker 3: I'm Kevin Gordon, America's Trucking Network seven hundred WLW. 378 00:22:39,000 --> 00:22:46,000 Speaker 2: News Traffic and Weather. News Radio seven hundred WLW Cincinnati. 379 00:22:46,400 --> 00:22:50,240 Speaker 11: More learned about Saturday's disturbance in northern Kentucky. What the 380 00:22:50,240 --> 00:22:54,199 Speaker 11: twelve thirty reports, I'm lee mowing drinking now. It was 381 00:22:54,200 --> 00:22:56,960 Speaker 11: the first core appearance since the Saturday shooting near Newport 382 00:22:57,000 --> 00:23:00,280 Speaker 11: on the levee as Jamal Fields and DeVonta Pettis our 383 00:23:00,400 --> 00:23:04,080 Speaker 11: charge for possessing a stolen handgun, receiving stolen property, and 384 00:23:04,119 --> 00:23:07,760 Speaker 11: fleeing from police. Newport police responded to a single gunshot 385 00:23:07,800 --> 00:23:11,720 Speaker 11: fired off East third Street that afternoon. Prosecutors displayed new evidence, 386 00:23:11,720 --> 00:23:15,280 Speaker 11: claiming Fields and Petus we're stalking two people from Cincinnati. 387 00:23:15,560 --> 00:23:18,159 Speaker 11: Both ben plaid not guilty and had bond set at 388 00:23:18,160 --> 00:23:21,119 Speaker 11: five hundred thousand dollars. Petis and Fields will return to 389 00:23:21,119 --> 00:23:22,560 Speaker 11: court next Thursday. 390 00:23:23,080 --> 00:23:26,240 Speaker 2: Now the latest forecast from the Train Heating and Cooling 391 00:23:26,280 --> 00:23:30,400 Speaker 2: Weather Center on News Radio seven hundred wl W heading to. 392 00:23:30,359 --> 00:23:33,080 Speaker 12: Our daybreak Tuesday, A chance of a showered through the 393 00:23:33,160 --> 00:23:38,280 Speaker 12: morning rush, otherwise clouds is seven am ten fifty our Tuesday. 394 00:23:38,320 --> 00:23:42,159 Speaker 12: Then after the chance we'll see sunshine. Seasonal weather a 395 00:23:42,280 --> 00:23:45,639 Speaker 12: high as sixty five at night, mostly clear, and we 396 00:23:45,760 --> 00:23:49,280 Speaker 12: dropped to forty four from your severe weather station. I'm 397 00:23:49,359 --> 00:23:54,240 Speaker 12: nine first warning cheap meteorologist Steve Rawley News Radio seven 398 00:23:54,320 --> 00:23:56,960 Speaker 12: hundred WLW. 399 00:23:56,160 --> 00:23:59,280 Speaker 11: Clear skys in fifty two degrees. A traffic alert for you. 400 00:23:59,520 --> 00:24:03,360 Speaker 11: The Crows ninet two seventy five eastbound at Mastella Road. Well, 401 00:24:03,400 --> 00:24:05,600 Speaker 11: you can get by on the far left lane. They 402 00:24:05,600 --> 00:24:08,760 Speaker 11: have blocked the three right lanes at Masteller due to 403 00:24:08,880 --> 00:24:12,240 Speaker 11: that crash. Prince Andrew gave up his royal titles, but 404 00:24:12,280 --> 00:24:14,800 Speaker 11: the heat is on over his friendship with Jeffrey Epstein. 405 00:24:15,720 --> 00:24:19,280 Speaker 13: Scotland Yard is now investigating a report that Andrew asked 406 00:24:19,320 --> 00:24:22,960 Speaker 13: his police bodyguard to dig up information on his accused 407 00:24:23,000 --> 00:24:26,600 Speaker 13: of Virginia Giuffrey in twenty eleven. In an email published 408 00:24:26,600 --> 00:24:29,440 Speaker 13: by the Mail on Sunday, the Prince reportedly writing to 409 00:24:29,480 --> 00:24:32,200 Speaker 13: a palace aid I have given her date of birth 410 00:24:32,359 --> 00:24:37,200 Speaker 13: and social Security number for investigation. Geffrey long claimed Epstein 411 00:24:37,280 --> 00:24:39,800 Speaker 13: trafficked her to have sex with Prince Andrew when she 412 00:24:39,920 --> 00:24:43,240 Speaker 13: was seventeen, an allegation he's always denied. 413 00:24:43,800 --> 00:24:48,080 Speaker 11: ABC's LABA Hassan from London, Virginia. Giffrey's memoir is said 414 00:24:48,080 --> 00:24:51,440 Speaker 11: to be released later today. She died suddenly back in April. 415 00:24:51,760 --> 00:24:53,000 Speaker 11: Our next update is that one. 416 00:24:53,400 --> 00:24:54,159 Speaker 4: I'm Lee Mawen. 417 00:24:54,240 --> 00:24:58,400 Speaker 11: Who's Radio seven hundred WLW, the free iHeartRadio. 418 00:24:57,720 --> 00:25:00,719 Speaker 14: App Live Radio twenty four to seven news, sports and 419 00:25:00,760 --> 00:25:04,159 Speaker 14: your favorite podcasts of pure connection to what moves you. 420 00:25:04,240 --> 00:25:06,679 Speaker 14: The best part, it's all free to join the millions 421 00:25:06,720 --> 00:25:09,680 Speaker 14: who already have it on their smartphone, So free iHeartRadio 422 00:25:09,720 --> 00:25:10,119 Speaker 14: App the. 423 00:25:10,200 --> 00:25:15,520 Speaker 15: Number one app for radio kids. They're just different than us. 424 00:25:16,520 --> 00:25:21,280 Speaker 15: They have no inhibitions, consider silverware optional and can find 425 00:25:21,359 --> 00:25:26,520 Speaker 15: fun anywhere. And when kids get really sick, they're different 426 00:25:26,600 --> 00:25:31,320 Speaker 15: than us too. Until now, children diagnosed with blood cancer 427 00:25:31,560 --> 00:25:37,320 Speaker 15: have been treated like many adults. Not anymore. The Leukemia 428 00:25:37,359 --> 00:25:41,520 Speaker 15: and Lymphoma Society proudly introduces the Dared To Dream Project, 429 00:25:41,840 --> 00:25:46,840 Speaker 15: transforming treatment and care through advocacy, education, and the largest 430 00:25:46,840 --> 00:25:50,119 Speaker 15: global clinical trial for kids with blood cancer. For the 431 00:25:50,200 --> 00:25:53,679 Speaker 15: first time, a specific treatment can be matched to a 432 00:25:53,720 --> 00:25:57,720 Speaker 15: specific type of cancer and a specific child. It'll be 433 00:25:57,800 --> 00:26:02,640 Speaker 15: the biggest medical advancement for little patients in history. Dare 434 00:26:02,720 --> 00:26:06,040 Speaker 15: to Dream with us support the Dare to Dream Project 435 00:26:06,280 --> 00:26:09,080 Speaker 15: and all the work that the Leukemia and Lymphoma Society 436 00:26:09,160 --> 00:26:11,080 Speaker 15: does at LLS dot org. 437 00:26:13,040 --> 00:26:15,320 Speaker 16: Hi, I'm Connie Britton, and I want to share with 438 00:26:15,359 --> 00:26:20,600 Speaker 16: you the experience of Donna in Washington. She writes, I 439 00:26:20,640 --> 00:26:24,400 Speaker 16: got injured about five years ago. I was let go 440 00:26:24,600 --> 00:26:27,000 Speaker 16: when because of the injury, I couldn't keep up with 441 00:26:27,000 --> 00:26:31,040 Speaker 16: my schedule. I've tried to find other work, but I'm 442 00:26:31,080 --> 00:26:34,399 Speaker 16: sixty eight now. No one wants to hire someone that old. 443 00:26:35,920 --> 00:26:38,360 Speaker 16: This week is tough, though, because I had to get 444 00:26:38,359 --> 00:26:41,199 Speaker 16: my tooth fixed, so I only have ten dollars in 445 00:26:41,200 --> 00:26:45,320 Speaker 16: my checking account. But it will be okay. I at 446 00:26:45,400 --> 00:26:49,960 Speaker 16: least have food because of this pantry. Millions of people 447 00:26:50,040 --> 00:26:55,119 Speaker 16: face hunger, some every day, just like Donna. The Feeding 448 00:26:55,119 --> 00:26:59,320 Speaker 16: American network of food banks helps provide over six billion 449 00:26:59,359 --> 00:27:02,920 Speaker 16: meals to people in need each year. Learn more at 450 00:27:02,920 --> 00:27:07,879 Speaker 16: Feedingamerica dot org. Feeding America two hundred food banks strong. 451 00:27:11,800 --> 00:27:12,880 Speaker 4: Johnny Knoxville here. 452 00:27:13,000 --> 00:27:16,520 Speaker 17: Check out Crimeless Hillbilly Heist, my new true crime podcast, 453 00:27:16,880 --> 00:27:20,080 Speaker 17: The true story of the almost perfect crime and the 454 00:27:20,200 --> 00:27:22,400 Speaker 17: nimrods who almost pulled it off. 455 00:27:23,440 --> 00:27:25,040 Speaker 4: It was kind of like the perfect storm and a 456 00:27:25,119 --> 00:27:28,920 Speaker 4: sewer that was dumb do not follow my example. 457 00:27:29,640 --> 00:27:33,640 Speaker 17: Listen to all episodes of Crimeless Hillbilly Heist, available now 458 00:27:33,800 --> 00:27:38,440 Speaker 17: exclusively on the iHeartRadio app. Open your free iHeartRadio app. 459 00:27:38,520 --> 00:27:40,800 Speaker 17: Search crime Less Hillbilly high Stand Listen. 460 00:27:40,880 --> 00:27:50,960 Speaker 18: Now here's for trucking forecast for the Try State and 461 00:27:51,000 --> 00:27:53,360 Speaker 18: the rest of the country. And the Try State, overnightclouds 462 00:27:53,400 --> 00:27:56,520 Speaker 18: will increase the low down two fifty sunny sky's Tuesday 463 00:27:56,560 --> 00:27:59,639 Speaker 18: a high of sixty seven, mostly sunny. Wednesday high of 464 00:27:59,640 --> 00:28:03,960 Speaker 18: fifty nine sunshine Thursday, behind year sixty Friday, mostly sunny, 465 00:28:04,040 --> 00:28:07,520 Speaker 18: a high sixty one. Nationally like effect. Thunderstorms are possible 466 00:28:07,600 --> 00:28:11,360 Speaker 18: near Lake Erie Tuesday and Wednesday, while mild temperatures will 467 00:28:11,400 --> 00:28:14,000 Speaker 18: be seen across these southern plaints Tuesday, as temperatures get 468 00:28:14,040 --> 00:28:15,600 Speaker 18: into the eighties and nineties. 469 00:28:19,760 --> 00:28:24,240 Speaker 3: Seven hundred WLW. I'm Kevin Gordon. This is America's Trucking Network. 470 00:28:24,320 --> 00:28:27,440 Speaker 3: America's Trucking Network supports the mission of Race Across America. 471 00:28:27,880 --> 00:28:31,240 Speaker 3: You can hear us every truck and Tuesday at five 472 00:28:31,280 --> 00:28:35,320 Speaker 3: am and ten am Eastern on Reese Across America Radio, 473 00:28:35,640 --> 00:28:37,480 Speaker 3: available on the iHeartRadio app. 474 00:28:37,880 --> 00:28:39,720 Speaker 4: Search the word Rese. 475 00:28:39,600 --> 00:28:46,120 Speaker 3: Now that's wr EAS for Reese Across America Radio, and 476 00:28:46,200 --> 00:28:48,600 Speaker 3: thank you to all our truckers for supporting the mission 477 00:28:48,600 --> 00:28:51,840 Speaker 3: of Reese across America. And if you miss any part 478 00:28:51,840 --> 00:28:54,960 Speaker 3: of our program, hit up the iHeartRadio app. Everything we've 479 00:28:55,000 --> 00:28:56,760 Speaker 3: done is right there, and of course that has brought to 480 00:28:56,760 --> 00:28:58,720 Speaker 3: you by our friends at Rush Truck Centers, and we 481 00:28:58,760 --> 00:29:03,040 Speaker 3: certainly appreciate that I mentioned in the previous segment. Five 482 00:29:03,120 --> 00:29:09,520 Speaker 3: more elds, those electronic devices for your truck. Let's see, 483 00:29:10,360 --> 00:29:14,440 Speaker 3: electronic logging devices have been removed from the federal list 484 00:29:14,560 --> 00:29:19,160 Speaker 3: of devices available available for truckers. Federal Motor Carrier Safety 485 00:29:19,160 --> 00:29:22,840 Speaker 3: Administration today announced it has removed five e l ds 486 00:29:22,920 --> 00:29:26,400 Speaker 3: from the list of devices. These devices were placed on 487 00:29:26,720 --> 00:29:33,040 Speaker 3: FMCSA revoked devices list due to the company's failure to 488 00:29:33,200 --> 00:29:37,720 Speaker 3: meet the minimum requirements established and they give the reference, 489 00:29:37,840 --> 00:29:41,520 Speaker 3: the title number and so on, appendix ab all that 490 00:29:41,560 --> 00:29:45,720 Speaker 3: sort of thing. These latest removals elds in recent months. 491 00:29:45,760 --> 00:29:48,160 Speaker 3: One was removed last month, and they go through the 492 00:29:48,240 --> 00:29:49,400 Speaker 3: data when they were removed. 493 00:29:49,720 --> 00:29:51,840 Speaker 4: The latest models. The removals. 494 00:29:52,080 --> 00:29:55,560 Speaker 3: Now I'm just going to mention the model, let me 495 00:29:55,600 --> 00:29:58,680 Speaker 3: see the provider and the name. I'm going to post 496 00:29:58,720 --> 00:30:01,000 Speaker 3: this on Facebook, so you can. You don't have to 497 00:30:01,040 --> 00:30:02,480 Speaker 3: pull off the side of the road and make notes 498 00:30:02,480 --> 00:30:05,080 Speaker 3: of this. You just check out my Facebook by the way, 499 00:30:05,160 --> 00:30:07,880 Speaker 3: cleverly named Kevin Gordon, so you'll be able to find 500 00:30:07,880 --> 00:30:10,640 Speaker 3: the Facebook page there. I'll post this story on there 501 00:30:10,680 --> 00:30:13,120 Speaker 3: and they'll have all the details there. E l D 502 00:30:13,280 --> 00:30:17,920 Speaker 3: provider Art Kill Them, Inc. And the name is Premium 503 00:30:17,960 --> 00:30:21,959 Speaker 3: e l D E l D provider clean Arara Corporation. 504 00:30:22,560 --> 00:30:29,200 Speaker 3: Their name True Logbook. Another provider Explore Tech Inc. And 505 00:30:29,280 --> 00:30:33,320 Speaker 3: their name the name is Explore e l D. Another 506 00:30:33,360 --> 00:30:37,000 Speaker 3: provider CAMMI E l D. That's k A m I 507 00:30:37,280 --> 00:30:42,280 Speaker 3: E l D and their uh the their name. The 508 00:30:42,360 --> 00:30:45,200 Speaker 3: name of their device is CAMMI e l D as well. 509 00:30:45,800 --> 00:30:49,120 Speaker 3: Another provider e v O e l D Inc. And 510 00:30:49,360 --> 00:30:52,560 Speaker 3: their name of their device is e v O e 511 00:30:52,680 --> 00:30:53,400 Speaker 3: l D one. 512 00:30:53,920 --> 00:30:56,880 Speaker 4: Now, major carriers have. 513 00:30:56,960 --> 00:31:01,320 Speaker 3: Up to sixty days to replace the revoked ELD with 514 00:31:01,520 --> 00:31:08,000 Speaker 3: compliance with a complaint one which I'm sorry, let me 515 00:31:08,040 --> 00:31:11,640 Speaker 3: back up here. Motor carriers have up to sixty days 516 00:31:11,680 --> 00:31:18,520 Speaker 3: to replace the revoked ELD with a compliant one looks 517 00:31:18,520 --> 00:31:22,320 Speaker 3: like a complaint the way they rote it here. FMCSA 518 00:31:22,400 --> 00:31:25,880 Speaker 3: will send an industry wide email to inform motor carriers 519 00:31:26,000 --> 00:31:29,480 Speaker 3: now they listen here what you need to do. You 520 00:31:29,520 --> 00:31:33,040 Speaker 3: need to discontinue using the revoked ELD and then revert 521 00:31:33,040 --> 00:31:37,320 Speaker 3: to paper logs or logging software to record required hours 522 00:31:37,320 --> 00:31:42,640 Speaker 3: of service data. Replace the ELD within the complementing the 523 00:31:42,680 --> 00:31:49,360 Speaker 3: complement got compliant ELD with a registered device now prior 524 00:31:49,440 --> 00:31:53,720 Speaker 3: to December sixteenth. The deadline for this is December sixteenth. 525 00:31:54,120 --> 00:31:58,320 Speaker 3: Prior to December sixteenth, safety officials are encouraged by FMCSA 526 00:31:58,880 --> 00:32:02,360 Speaker 3: not to site drive is using the revoked DLD no 527 00:32:02,600 --> 00:32:06,120 Speaker 3: record of duty status which is another violation, or a 528 00:32:06,160 --> 00:32:10,600 Speaker 3: failure to use a registered ELD. Instead, safety officials should 529 00:32:10,800 --> 00:32:15,040 Speaker 3: request the driver's paper logs, logging software or use the 530 00:32:15,240 --> 00:32:20,400 Speaker 3: ld ELD display on a backup method. Then, beginning on 531 00:32:20,480 --> 00:32:23,640 Speaker 3: December the sixteenth, any motor carriers using that they will 532 00:32:23,680 --> 00:32:27,520 Speaker 3: be fined and placed out considered. 533 00:32:27,160 --> 00:32:27,880 Speaker 4: Out of service. 534 00:32:28,280 --> 00:32:33,480 Speaker 3: The LD ELD provider corrects all the identified deficiencies for 535 00:32:33,520 --> 00:32:38,040 Speaker 3: this device, FMCSA will revisit this and then make these 536 00:32:38,920 --> 00:32:43,280 Speaker 3: devices currently compliant. But if they don't, then you can't 537 00:32:43,360 --> 00:32:45,800 Speaker 3: use them anymore. So again, this will be on my 538 00:32:45,840 --> 00:32:49,960 Speaker 3: Facebook page and you can review it there it's you know, 539 00:32:50,000 --> 00:32:52,760 Speaker 3: there's all kinds of details in here, but you get 540 00:32:52,760 --> 00:32:55,000 Speaker 3: the gist of what's going on. And I'm sure you've 541 00:32:55,040 --> 00:32:58,280 Speaker 3: seen well they've gone through this before. There's been several 542 00:32:58,320 --> 00:33:00,560 Speaker 3: times and several devices over the lad last couple of 543 00:33:00,640 --> 00:33:05,240 Speaker 3: years that have been determined non compliant. So anyway, this 544 00:33:05,280 --> 00:33:08,760 Speaker 3: will be on my Facebook page again, Kevin Gordon Facebook page. 545 00:33:10,320 --> 00:33:15,640 Speaker 3: I mentioned earlier in the report on the initial jobless 546 00:33:15,680 --> 00:33:19,600 Speaker 3: claims that there were comments by the Federal Reserve in 547 00:33:19,680 --> 00:33:23,000 Speaker 3: their Beige Book. Now last week this Beige book was 548 00:33:23,000 --> 00:33:26,960 Speaker 3: published and it talked about the economy. Now, what is 549 00:33:27,040 --> 00:33:30,920 Speaker 3: interesting is that you have the data from the Beige 550 00:33:31,000 --> 00:33:34,440 Speaker 3: Book and then you have these comments that are made 551 00:33:34,480 --> 00:33:38,040 Speaker 3: by others in terms of how they see the economy 552 00:33:38,480 --> 00:33:42,680 Speaker 3: and where they are coming from. With Lion Jerry Powell 553 00:33:43,000 --> 00:33:46,560 Speaker 3: saying that he's still concerned about certain things and there's 554 00:33:46,600 --> 00:33:51,400 Speaker 3: certain signs as far as tariff increases, inflation and so on. 555 00:33:52,360 --> 00:33:57,080 Speaker 3: Unfortunately that's not backed up by his own department of 556 00:33:57,120 --> 00:34:00,840 Speaker 3: the Federal Reserve. The different twelve districts put together this 557 00:34:00,960 --> 00:34:04,320 Speaker 3: Beige book that come up with the economic the economic 558 00:34:04,360 --> 00:34:07,720 Speaker 3: status of the of the different districts in the United 559 00:34:07,760 --> 00:34:12,319 Speaker 3: States in one concise book. Now, again getting back to 560 00:34:12,360 --> 00:34:14,400 Speaker 3: the Beige Book. Back in the day, when it was paper, 561 00:34:14,640 --> 00:34:18,280 Speaker 3: uh uh, paper, devinent, when you had paper, they would 562 00:34:18,280 --> 00:34:20,640 Speaker 3: put this in a book a binder and they would 563 00:34:20,680 --> 00:34:24,400 Speaker 3: read from that in terms of the different districts around 564 00:34:24,400 --> 00:34:27,600 Speaker 3: the country, and the cover of the book or the 565 00:34:27,600 --> 00:34:30,480 Speaker 3: binder was beige. So they refer to referred to it 566 00:34:30,520 --> 00:34:33,879 Speaker 3: as the Beige Book. But it's interesting that even though 567 00:34:33,920 --> 00:34:37,240 Speaker 3: this data is out there, that some of the stuff 568 00:34:37,400 --> 00:34:42,640 Speaker 3: coming from the Federal Reserve is not not in compliance 569 00:34:42,719 --> 00:34:47,080 Speaker 3: or in coordination with what their departments are reporting. 570 00:34:47,160 --> 00:34:51,280 Speaker 4: It's kind of weird. Uh, President. Let me see. Here's 571 00:34:51,640 --> 00:34:52,240 Speaker 4: the headline. 572 00:34:52,280 --> 00:34:55,799 Speaker 3: Tariffs are pushing prices higher and consumers are feeling the hit, 573 00:34:56,120 --> 00:34:58,839 Speaker 3: according to the Fed's Beige Book. Now, this is one 574 00:34:58,880 --> 00:35:02,480 Speaker 3: of those situations of where you see the headline and 575 00:35:02,520 --> 00:35:04,759 Speaker 3: then you read the story and you scratch your head 576 00:35:04,760 --> 00:35:07,800 Speaker 3: and say, where'd they come up with that headline? President 577 00:35:07,800 --> 00:35:12,399 Speaker 3: Donald Trump's and tariffs are pushing inflation generally higher as 578 00:35:12,440 --> 00:35:16,399 Speaker 3: companies are caught between absorbing the costs or passing them 579 00:35:16,440 --> 00:35:19,880 Speaker 3: on to customers. According to a Federal Reserve report on Wednesday, 580 00:35:20,320 --> 00:35:25,120 Speaker 3: Central banks periodic Beaige book reports, published eight times a year, 581 00:35:25,480 --> 00:35:29,959 Speaker 3: generally at about six week intervals, categorized overall economic growth 582 00:35:30,040 --> 00:35:35,640 Speaker 3: as having changed little since the last report on September third. 583 00:35:36,239 --> 00:35:42,400 Speaker 3: Labor markets were largely stable as demand was muted. 584 00:35:42,280 --> 00:35:44,719 Speaker 4: For most of the Fed's twelve districts. 585 00:35:45,160 --> 00:35:49,320 Speaker 3: So that would seem to me that everything, well, nothing 586 00:35:49,360 --> 00:35:52,520 Speaker 3: has changed in the last month. Everything is pretty much 587 00:35:52,560 --> 00:35:55,360 Speaker 3: on an even keel. If nobody was hitting the panic 588 00:35:55,400 --> 00:35:58,400 Speaker 3: button a month ago, why are they kind of trying 589 00:35:58,400 --> 00:36:02,560 Speaker 3: to assert maybe a little bit of a wave or 590 00:36:03,280 --> 00:36:08,439 Speaker 3: something going on now as opposed to again, are these 591 00:36:08,440 --> 00:36:11,680 Speaker 3: spoon fed regurgitators? Are some of these people in the 592 00:36:11,719 --> 00:36:15,520 Speaker 3: FED trying to manufacture a recession? 593 00:36:15,960 --> 00:36:18,760 Speaker 4: Do they have a political objective? Again? 594 00:36:19,080 --> 00:36:22,719 Speaker 3: They talk about how Donald Trump is appointing people to 595 00:36:22,760 --> 00:36:26,839 Speaker 3: the Federal Reserve once General Lion Jerry Powell out of there, 596 00:36:27,200 --> 00:36:29,719 Speaker 3: and everybody's saying, well, you know, if he can do that, 597 00:36:29,800 --> 00:36:33,560 Speaker 3: and if he's replacing this person, then the independence of 598 00:36:33,600 --> 00:36:36,040 Speaker 3: the Federal Reserve will be called into question. 599 00:36:36,600 --> 00:36:39,080 Speaker 4: I want to remind you that all. 600 00:36:38,960 --> 00:36:42,000 Speaker 3: The stuff that the Federal Reserve was talking about all 601 00:36:42,120 --> 00:36:47,239 Speaker 3: last year in terms of high inflation rate unemployment, being 602 00:36:47,280 --> 00:36:52,200 Speaker 3: concerned about that inflation was still up. But in September 603 00:36:52,640 --> 00:36:56,240 Speaker 3: of twenty twenty four, a month and a half before 604 00:36:56,400 --> 00:37:01,480 Speaker 3: the general election, they lowered interest rates by a full 605 00:37:01,600 --> 00:37:05,720 Speaker 3: half percentage point, citing they were concerned about the labor market. 606 00:37:05,920 --> 00:37:09,360 Speaker 3: After talking about inflation for the entire year, all of 607 00:37:09,440 --> 00:37:12,279 Speaker 3: a sudden, jobs became the issue. You don't tell me 608 00:37:12,320 --> 00:37:15,600 Speaker 3: that that wasn't political to try to get Kamala Harris elected. 609 00:37:15,960 --> 00:37:18,400 Speaker 3: And when you listen to some of these people that 610 00:37:18,440 --> 00:37:21,280 Speaker 3: have been appointed to the FED, the Federal Reserve Governor, 611 00:37:21,320 --> 00:37:23,600 Speaker 3: the people who are appointed to the FED are appointed 612 00:37:23,640 --> 00:37:27,680 Speaker 3: by the president. So if Joe Biden had appointed some 613 00:37:27,719 --> 00:37:30,040 Speaker 3: of these people on there, you don't think that these 614 00:37:30,040 --> 00:37:32,719 Speaker 3: people are in compliance or have a little bit of 615 00:37:32,719 --> 00:37:36,200 Speaker 3: allegiance to his way of thinking. And so all of 616 00:37:36,239 --> 00:37:40,000 Speaker 3: a sudden they were independent. If a Democrat appoints these people, 617 00:37:40,239 --> 00:37:42,560 Speaker 3: but all of a sudden, if a Republican appoints him, 618 00:37:42,719 --> 00:37:45,919 Speaker 3: all of a sudden, there's political bias in there. Give 619 00:37:46,280 --> 00:37:48,319 Speaker 3: me a break, we'll pick this up coming up. I'm 620 00:37:48,360 --> 00:37:53,480 Speaker 3: Kevin Gordon, Americastruck a Network seven hundred WLW with. 621 00:37:53,600 --> 00:37:57,239 Speaker 2: Dve Lapham's enshrinement into the Bengals Ring of Honor. We 622 00:37:57,400 --> 00:38:01,400 Speaker 2: pay tribute to a life of Lap hit Advice, Skyline 623 00:38:01,520 --> 00:38:04,880 Speaker 2: Feeling Good eats, Skyline Time. Now Here's Dan. 624 00:38:04,760 --> 00:38:06,000 Speaker 4: And d Lap. 625 00:38:06,080 --> 00:38:09,719 Speaker 7: You not only played all five offensive line positions during 626 00:38:09,760 --> 00:38:13,240 Speaker 7: your career, you did it in the same game twice. 627 00:38:13,560 --> 00:38:17,640 Speaker 4: That's mind boggling to me. How did you know every assignment? 628 00:38:18,040 --> 00:38:21,279 Speaker 19: Yeah, it was interesting. I prided myself on, even in 629 00:38:21,360 --> 00:38:24,760 Speaker 19: high school and college, kind of understanding exactly what everybody 630 00:38:24,800 --> 00:38:27,320 Speaker 19: was doing on the field instead of just tunnel vision 631 00:38:27,360 --> 00:38:31,200 Speaker 19: on my particular play. So knowing what's going on around you, 632 00:38:31,280 --> 00:38:34,640 Speaker 19: knowing what from an environmental standpoint, you know what is 633 00:38:34,680 --> 00:38:37,120 Speaker 19: happening around you, and not having that tunnel vision like 634 00:38:37,120 --> 00:38:40,640 Speaker 19: I just spoke of, and understanding what all of your 635 00:38:40,640 --> 00:38:42,600 Speaker 19: teammates are doing and why they're doing it and how 636 00:38:42,600 --> 00:38:43,719 Speaker 19: they're doing it, and that. 637 00:38:43,719 --> 00:38:45,560 Speaker 4: Allowed me to play any place. 638 00:38:45,760 --> 00:38:48,200 Speaker 2: For more on the life of Lap, keep it here 639 00:38:48,560 --> 00:38:53,000 Speaker 2: on seven hundred WLW, the home of the best Bangals coverage. 640 00:38:53,480 --> 00:38:55,600 Speaker 10: If you have an IRA or four to oh one K, 641 00:38:55,880 --> 00:38:58,200 Speaker 10: this is a message you really need to hear. In 642 00:38:58,360 --> 00:39:00,640 Speaker 10: just the last two years, the price if one troy 643 00:39:00,680 --> 00:39:03,239 Speaker 10: ounce of silver has more than doubled up over one 644 00:39:03,360 --> 00:39:06,640 Speaker 10: hundred percent, and silver is now poised from major gains 645 00:39:06,680 --> 00:39:09,160 Speaker 10: in the months ahead. Call it Vantage Gold at eight 646 00:39:09,280 --> 00:39:11,640 Speaker 10: hundred seven four to one Gold to learn how to 647 00:39:11,680 --> 00:39:14,800 Speaker 10: convert a portion of your retirement assets into physical silver 648 00:39:14,960 --> 00:39:17,360 Speaker 10: and position yourself for the next wave of growth in 649 00:39:17,400 --> 00:39:20,240 Speaker 10: precious metals. It's not too late to leverage the power 650 00:39:20,239 --> 00:39:23,080 Speaker 10: of silver to help secure your financial future. With the 651 00:39:23,120 --> 00:39:26,680 Speaker 10: devaluation of the US dollar and volatility in the stock market, 652 00:39:26,840 --> 00:39:30,440 Speaker 10: silver continues to be a safe haven asset that investors trust. 653 00:39:30,640 --> 00:39:32,920 Speaker 10: When you call eight hundred seventy four to one Gold, 654 00:39:33,080 --> 00:39:36,160 Speaker 10: you'll get your free Precious Medals rollover guide plus a 655 00:39:36,200 --> 00:39:39,680 Speaker 10: copy of former IMF chairman Ken Rogoff's book, Our Dollar, 656 00:39:39,880 --> 00:39:42,880 Speaker 10: Your Problem. The time is now to consider adding silver 657 00:39:42,960 --> 00:39:46,400 Speaker 10: into the mix to protect your retirement. Call Advantage Gold 658 00:39:46,480 --> 00:39:49,520 Speaker 10: at eight hundred seven four one, four six five three. 659 00:39:49,719 --> 00:39:53,160 Speaker 10: Consult your financial advisor before investing. Call eight hundred seven 660 00:39:53,280 --> 00:39:54,400 Speaker 10: four to one Gold. 661 00:39:55,440 --> 00:40:01,200 Speaker 3: Progressive Coobstruction Network seven hundred WLW talk about this Bayes 662 00:40:01,280 --> 00:40:04,399 Speaker 3: book report. Tariffs are pushing prices higher and consumers are 663 00:40:04,440 --> 00:40:05,239 Speaker 3: feeling the hit. 664 00:40:05,719 --> 00:40:07,560 Speaker 4: Fed's Beige Book. 665 00:40:07,560 --> 00:40:12,120 Speaker 3: Shows talking about the labor markets largely stable overall economic 666 00:40:12,160 --> 00:40:16,640 Speaker 3: growth having changed little, prices rose further during the reporting period. 667 00:40:16,680 --> 00:40:18,840 Speaker 4: The report stated, tariff. 668 00:40:18,440 --> 00:40:23,319 Speaker 3: Induced input cost increases were reported across many districts, but 669 00:40:23,440 --> 00:40:26,960 Speaker 3: the extent of those higher costs passing through to final 670 00:40:27,280 --> 00:40:33,240 Speaker 3: prices varied. So again going through the process in terms 671 00:40:33,280 --> 00:40:36,440 Speaker 3: of if a tariff is levied, a tariff can be 672 00:40:36,520 --> 00:40:41,600 Speaker 3: absorbed by the company manufacturing that in the foreign country, 673 00:40:42,160 --> 00:40:46,160 Speaker 3: they can lower their prices, giving that or sending that 674 00:40:46,200 --> 00:40:50,400 Speaker 3: to the importer or the exporter. The exporter can absorb 675 00:40:50,480 --> 00:40:54,600 Speaker 3: some of that tariff before they send it overseas. The 676 00:40:54,800 --> 00:40:58,720 Speaker 3: importer on this end could absorb some of that tariff. 677 00:40:59,200 --> 00:41:04,560 Speaker 3: The wholesaleler that receives that from the importer can absorb 678 00:41:04,640 --> 00:41:07,560 Speaker 3: some of that. Then when it gets to the retail outlet, 679 00:41:07,880 --> 00:41:12,440 Speaker 3: the retail outlet can absorb some of that before it 680 00:41:12,520 --> 00:41:16,120 Speaker 3: even gets to the consumer. So all those steps along 681 00:41:16,160 --> 00:41:19,480 Speaker 3: the way this can be looked at. Now, if you've 682 00:41:19,520 --> 00:41:25,080 Speaker 3: got low wages, subsidized wages, subsidized commodities in foreign countries, 683 00:41:25,360 --> 00:41:27,800 Speaker 3: then they are going to be at an advantage in 684 00:41:27,920 --> 00:41:32,120 Speaker 3: terms of having a significant price ting. Again, we did 685 00:41:32,160 --> 00:41:35,839 Speaker 3: the example a month or so ago, talking about that. 686 00:41:36,040 --> 00:41:37,000 Speaker 4: You look at. 687 00:41:36,920 --> 00:41:41,840 Speaker 3: These Nike Jordans, the cost to make those is something 688 00:41:41,880 --> 00:41:44,680 Speaker 3: in the neighborhood of I think twenty five to thirty bucks, 689 00:41:45,520 --> 00:41:47,520 Speaker 3: and you see on the retail end one hundred and 690 00:41:47,560 --> 00:41:50,680 Speaker 3: seventy five plus. That's a hell of a markup, my friends. 691 00:41:51,120 --> 00:41:55,280 Speaker 3: So if that kind of cushion is there along the way, 692 00:41:55,600 --> 00:41:59,880 Speaker 3: either from the manufacture to the importer or the exporter 693 00:42:00,360 --> 00:42:04,319 Speaker 3: to the you know, the importer to the wholesaler to 694 00:42:04,320 --> 00:42:07,000 Speaker 3: the retail and so on, so that amount, if there's 695 00:42:07,000 --> 00:42:09,839 Speaker 3: a ten percent increase in the tariff there, that can 696 00:42:09,960 --> 00:42:12,759 Speaker 3: be absorbed along the way because they're making so much 697 00:42:12,800 --> 00:42:16,240 Speaker 3: money to begin with. And again if they are concerned 698 00:42:16,280 --> 00:42:19,120 Speaker 3: about market share and whether or not consumers are going 699 00:42:19,160 --> 00:42:21,120 Speaker 3: to look at those prices and say, you know what, 700 00:42:21,480 --> 00:42:24,120 Speaker 3: I'm going to buy something else, which we are seeing. 701 00:42:24,280 --> 00:42:25,919 Speaker 4: We talk about that coming up. 702 00:42:26,040 --> 00:42:29,480 Speaker 3: But again, some of this is being absorbed before it 703 00:42:29,520 --> 00:42:33,520 Speaker 3: even gets to the consumer level. In some cases, firms 704 00:42:33,560 --> 00:42:38,000 Speaker 3: held prices unchanged to stay competitive, as I mentioned, and 705 00:42:38,080 --> 00:42:42,759 Speaker 3: to appease inflation sensitive clients. However, some businesses say they 706 00:42:42,840 --> 00:42:46,440 Speaker 3: we're fully passing higher import costs along to their customers. 707 00:42:46,719 --> 00:42:49,960 Speaker 3: Now where we have seen that is in the electronics area. 708 00:42:50,280 --> 00:42:52,680 Speaker 3: Some of those areas, some of those items have gone up, 709 00:42:52,960 --> 00:42:56,480 Speaker 3: and I think imported furniture that's another one. A few 710 00:42:56,520 --> 00:43:00,240 Speaker 3: districts reported to the slowing demand actually pushed prices down 711 00:43:00,320 --> 00:43:01,080 Speaker 3: for materials. 712 00:43:01,600 --> 00:43:03,240 Speaker 4: Trade war has escalated. 713 00:43:02,840 --> 00:43:06,560 Speaker 3: In recent days as China has ordered restrictions on coveted 714 00:43:06,680 --> 00:43:10,960 Speaker 3: rare earth minerals, while Trump has retaliated with a thread 715 00:43:10,960 --> 00:43:14,040 Speaker 3: of one hundred percent tariffs on Chinese imports. The release 716 00:43:14,120 --> 00:43:17,920 Speaker 3: comes amid a dearth of relevant economic data due to 717 00:43:17,960 --> 00:43:21,480 Speaker 3: the government shutdown entering the third week. He providers such 718 00:43:21,480 --> 00:43:24,560 Speaker 3: as the Labor and Commerce departments are largely closed due 719 00:43:24,600 --> 00:43:29,160 Speaker 3: to the impass. Again, that information is available through other sources, 720 00:43:29,360 --> 00:43:32,560 Speaker 3: and they've had that. However, Bureau of Labor Statistics workers 721 00:43:32,560 --> 00:43:36,120 Speaker 3: have been called back, so they've been unfurloughed, if you will, 722 00:43:36,480 --> 00:43:40,320 Speaker 3: back to release the pivotal consumer price Index report. Both 723 00:43:40,360 --> 00:43:45,240 Speaker 3: as the inflation gauged to index cost of living adjustments 724 00:43:45,280 --> 00:43:48,759 Speaker 3: for Social Security, so they want them back to come 725 00:43:48,840 --> 00:43:51,520 Speaker 3: up with the numbers for the consumer price index, so 726 00:43:51,560 --> 00:43:55,399 Speaker 3: that information is available to the Federal Reserve when they 727 00:43:55,440 --> 00:43:57,640 Speaker 3: meet on the twenty eighth and twenty ninth of this 728 00:43:57,719 --> 00:43:59,680 Speaker 3: month to determine what they're going to do as far 729 00:43:59,719 --> 00:44:03,880 Speaker 3: as interest rates, but also, as we talked about last week, 730 00:44:04,200 --> 00:44:07,399 Speaker 3: that the information that needs to be inputed as far 731 00:44:07,440 --> 00:44:11,960 Speaker 3: as Social Security, the cost of living allowance that is 732 00:44:12,000 --> 00:44:15,680 Speaker 3: added to those Social Security payments that are going out 733 00:44:15,960 --> 00:44:19,440 Speaker 3: starting in January. But again we're still talking about a 734 00:44:19,480 --> 00:44:23,680 Speaker 3: period of time from October. You know, usually that information, 735 00:44:23,800 --> 00:44:27,080 Speaker 3: as we talked about in that story, comes out. Well, 736 00:44:27,239 --> 00:44:30,040 Speaker 3: last year, it came out on October tenth, I believe 737 00:44:30,320 --> 00:44:32,319 Speaker 3: it was scheduled to come out on the fifteenth of 738 00:44:32,320 --> 00:44:34,520 Speaker 3: this month. So if it comes out next week, which 739 00:44:34,560 --> 00:44:37,120 Speaker 3: they're saying it's going to be out by the twenty fourth, 740 00:44:37,320 --> 00:44:39,200 Speaker 3: shouldn't be a problem and they should be able to 741 00:44:39,200 --> 00:44:42,680 Speaker 3: adjust that as far as the computers are concerned. But again, 742 00:44:42,760 --> 00:44:46,719 Speaker 3: the inflation rate is necessary or a part of the 743 00:44:46,920 --> 00:44:50,000 Speaker 3: numbers that the Federal Reserve look at will look at 744 00:44:50,120 --> 00:44:52,200 Speaker 3: when they meet on the twenty eighth and twenty ninth. 745 00:44:52,400 --> 00:44:56,560 Speaker 3: Basebook said consumer spending nudged lower in recent weeks, though 746 00:44:56,560 --> 00:45:00,479 Speaker 3: it noted strong spending on luxury items and traveled upper 747 00:45:00,520 --> 00:45:06,640 Speaker 3: income earners. Lower and medium earners meanwhile, pursued discounts and promotions, 748 00:45:06,840 --> 00:45:10,480 Speaker 3: which shocks me that people don't do that on a 749 00:45:10,520 --> 00:45:11,480 Speaker 3: normal basis. 750 00:45:11,560 --> 00:45:14,680 Speaker 4: Anyway, who in their right mind wants to. 751 00:45:14,680 --> 00:45:20,239 Speaker 3: Pay something other if a discounted price is available, why 752 00:45:20,320 --> 00:45:23,200 Speaker 3: wouldn't you take advantage of that. I talked about this 753 00:45:23,239 --> 00:45:26,120 Speaker 3: a couple of weeks ago where they were interviewing somebody 754 00:45:26,200 --> 00:45:29,720 Speaker 3: having to do with price increases at Walmart or something, 755 00:45:30,440 --> 00:45:32,080 Speaker 3: and they were talking to somebody who said, well, you know, 756 00:45:32,760 --> 00:45:34,480 Speaker 3: I think I'm going to have to take some drastic 757 00:45:34,560 --> 00:45:39,560 Speaker 3: measures and maybe start using coupons. That's a drastic measure. 758 00:45:40,040 --> 00:45:43,799 Speaker 3: Another thing they talk about is people using you know, 759 00:45:43,920 --> 00:45:46,920 Speaker 3: dropping down a notch or maybe going with store brands. 760 00:45:47,040 --> 00:45:51,840 Speaker 3: Let me tell you something. You know, well, it winds 761 00:45:51,920 --> 00:45:54,719 Speaker 3: up being a plug for krog But that's where we 762 00:45:54,800 --> 00:45:58,279 Speaker 3: shop a lot. But years ago, just for the heck 763 00:45:58,360 --> 00:46:00,360 Speaker 3: of it, I think it was back in two thousand 764 00:46:00,400 --> 00:46:03,759 Speaker 3: and eight or whatever, during the great recession that they 765 00:46:03,800 --> 00:46:07,160 Speaker 3: call called it, I thought, well, you know, what the heck, 766 00:46:07,200 --> 00:46:11,160 Speaker 3: I'm going to try their brands, either for peanut butter 767 00:46:11,280 --> 00:46:16,480 Speaker 3: or cereal, the various Kroger brands. And what shot the 768 00:46:16,600 --> 00:46:20,120 Speaker 3: heck out of me is that I've found that some 769 00:46:20,200 --> 00:46:22,799 Speaker 3: of their items I'll mind you when you get to 770 00:46:22,920 --> 00:46:26,680 Speaker 3: Hines and Frenches mustard and stuff like that, No, it's 771 00:46:26,680 --> 00:46:29,560 Speaker 3: not the same. But as far as peanut butter is concerned, 772 00:46:29,840 --> 00:46:33,480 Speaker 3: I prefer to the national brands. And if you look 773 00:46:33,600 --> 00:46:37,560 Speaker 3: at the ingredients on the cereal and you look at 774 00:46:37,600 --> 00:46:41,080 Speaker 3: some of the ingredients, the artificial colors and stuff like that, 775 00:46:41,080 --> 00:46:43,959 Speaker 3: that's not in the Kroger brands, but it is in 776 00:46:44,000 --> 00:46:48,880 Speaker 3: the national brands. And it's My wife has been conscious 777 00:46:48,920 --> 00:46:52,440 Speaker 3: of this for hush over a decade now, maybe fifteen years, 778 00:46:53,040 --> 00:46:55,400 Speaker 3: and she'll go to you know, we'll be in this 779 00:46:55,520 --> 00:46:57,400 Speaker 3: store and she'll look at those things say well, this 780 00:46:57,440 --> 00:46:59,879 Speaker 3: has got this and this, this and this, and even 781 00:47:00,080 --> 00:47:03,919 Speaker 3: though in low levels it's not supposed to in low 782 00:47:04,040 --> 00:47:06,919 Speaker 3: levels it doesn't harm you. But the fact that it's 783 00:47:06,960 --> 00:47:10,240 Speaker 3: in almost everything you eat, then it's going to build 784 00:47:10,320 --> 00:47:12,279 Speaker 3: up in the system and cause problems. 785 00:47:12,719 --> 00:47:13,839 Speaker 4: This might be part of. 786 00:47:13,760 --> 00:47:18,440 Speaker 3: The maybe my wife should have been the Maha or 787 00:47:19,560 --> 00:47:22,840 Speaker 3: maybe she should have had Bobby Kennedy's job all these years, 788 00:47:23,080 --> 00:47:24,560 Speaker 3: but part of the Maha movement. 789 00:47:24,640 --> 00:47:27,120 Speaker 4: Basically she was Maha before Maha was MA. 790 00:47:27,920 --> 00:47:31,080 Speaker 3: But again, when you look at the individual ingredients, I 791 00:47:31,280 --> 00:47:34,320 Speaker 3: was shocked at you know, you go to the ingredients 792 00:47:34,360 --> 00:47:38,200 Speaker 3: and you know, they're like a three inches long. Some 793 00:47:38,239 --> 00:47:40,399 Speaker 3: of the stuff on the Kroger brands are like, you know, 794 00:47:40,560 --> 00:47:44,680 Speaker 3: a few ingredients and stuff. It is absolutely amazing, and 795 00:47:44,960 --> 00:47:48,960 Speaker 3: they're generally you know, priced differently or priced lower, and 796 00:47:49,080 --> 00:47:51,840 Speaker 3: so you know, that's a way of cutting your bills 797 00:47:51,920 --> 00:47:56,600 Speaker 3: and actually eating better. So again, discounting and going to 798 00:47:56,920 --> 00:48:00,879 Speaker 3: a lower priced item sometimes not all that bad. Sometimes 799 00:48:01,000 --> 00:48:03,000 Speaker 3: some of the things that you're I don't want to 800 00:48:03,040 --> 00:48:06,080 Speaker 3: say forced into, but some of the stuff you explore, 801 00:48:06,520 --> 00:48:09,960 Speaker 3: you wind up finding a better way of doing things. 802 00:48:10,200 --> 00:48:10,719 Speaker 4: And as I. 803 00:48:10,719 --> 00:48:14,360 Speaker 3: Mentioned before, takes about an hour a week out of 804 00:48:14,360 --> 00:48:18,000 Speaker 3: your time to kind of check where the low prices 805 00:48:18,040 --> 00:48:22,760 Speaker 3: are in the stores around you and maybe download digital 806 00:48:22,800 --> 00:48:26,880 Speaker 3: coupons to save some money. Where they talk about in 807 00:48:26,920 --> 00:48:29,920 Speaker 3: here that well, you know, cost conscious people are looking 808 00:48:29,960 --> 00:48:33,440 Speaker 3: for discounts and promotions. Why wouldn't you do that on 809 00:48:33,480 --> 00:48:36,360 Speaker 3: a regular basis? Folks were up against clock here. We 810 00:48:36,360 --> 00:48:38,240 Speaker 3: didn't have time to get some of these other stories, 811 00:48:38,239 --> 00:48:41,600 Speaker 3: but we'll get to them tomorrow. I'm Kevin Gordon, America's 812 00:48:41,600 --> 00:48:49,359 Speaker 3: truck and Network seven hundred WLW. 813 00:48:47,000 --> 00:48:54,719 Speaker 2: News Traffic and weather news radio seven hundred WLW Cincinnati. 814 00:48:55,080 --> 00:48:57,920 Speaker 11: Day twenty one. Now the government shut down at the 815 00:48:57,960 --> 00:49:00,680 Speaker 11: top of the hour, reports I'mley maun King. 816 00:49:00,800 --> 00:49:02,719 Speaker 20: Now, all we want to do is have a vote 817 00:49:02,719 --> 00:49:06,840 Speaker 20: of continuation. And so first time in history that a 818 00:49:07,120 --> 00:49:11,239 Speaker 20: group has not voted for continuation. So they have what's 819 00:49:11,280 --> 00:49:13,600 Speaker 20: called a Trump derangement problem. 820 00:49:13,640 --> 00:49:17,800 Speaker 11: President Donald Trump, who's excited about his ballroom project, continuing 821 00:49:17,840 --> 00:49:20,600 Speaker 11: to point the blame at Democratic leaders who remain firm 822 00:49:20,640 --> 00:49:24,520 Speaker 11: other healthcare demands for Americans. The Republican led government has 823 00:49:24,520 --> 00:49:26,960 Speaker 11: been shut down for three weeks now as Senators have 824 00:49:27,000 --> 00:49:30,040 Speaker 11: failed for the eleventh time to reopen the government. Now 825 00:49:30,120 --> 00:49:32,920 Speaker 11: that's affecting workers that patrol our nuclear weapons. 826 00:49:33,040 --> 00:49:37,120 Speaker 21: Roughly fourteen hundred employees of the National Nuclear Security Administration, 827 00:49:37,239 --> 00:49:41,440 Speaker 21: which safeguards the country's nuclear stockpile, now on unpaid leave. 828 00:49:41,840 --> 00:49:45,200 Speaker 21: Only four hundred workers remain on the job. But Republican 829 00:49:45,200 --> 00:49:48,040 Speaker 21: House Speaker Mike Johnson has refused to bring the House 830 00:49:48,080 --> 00:49:49,080 Speaker 21: into session. 831 00:49:48,920 --> 00:49:51,759 Speaker 4: Every day that the government is shut down. It is 832 00:49:51,800 --> 00:49:53,520 Speaker 4: a danger to the American people. 833 00:49:53,280 --> 00:49:56,560 Speaker 21: And Democrats are refusing to back down, insisting on a 834 00:49:56,600 --> 00:50:00,759 Speaker 21: deal to repeal Medicaid cuts and extend healthcare subsidies ABC's 835 00:50:00,880 --> 00:50:01,560 Speaker 21: Mary Bruce. 836 00:50:01,920 --> 00:50:03,560 Speaker 4: Here's the BABU scorecasts. 837 00:50:03,840 --> 00:50:06,160 Speaker 12: We're clouding up and we'll see a chance of ragin 838 00:50:06,280 --> 00:50:10,279 Speaker 12: through daybreak, a morning low of fifty degrees our Tuesday, 839 00:50:10,400 --> 00:50:13,800 Speaker 12: then after that chance mostly sunny, a high at sixty 840 00:50:13,880 --> 00:50:17,160 Speaker 12: five at night, mostly cleared, a low down to forty four. 841 00:50:17,520 --> 00:50:20,919 Speaker 12: From your Severe Weather station, I'm nine First Warning Chief 842 00:50:21,000 --> 00:50:25,960 Speaker 12: Meteorologist Steve Rowley, News Radio seven hundred WLW. 843 00:50:26,120 --> 00:50:29,480 Speaker 11: Investigators say the suspect in last week's Fountain Square shooting 844 00:50:29,600 --> 00:50:31,200 Speaker 11: has a history of violence. 845 00:50:31,360 --> 00:50:33,640 Speaker 22: He surrendered to police over the weekend, and now he's 846 00:50:33,680 --> 00:50:37,000 Speaker 22: being held in Hamilton County on two point six million dollars. 847 00:50:37,200 --> 00:50:40,000 Speaker 22: Twenty four year old Shaquille Ferguson is allegedly the person 848 00:50:40,080 --> 00:50:43,640 Speaker 22: seen on surveillance video firing gunshots at the Citybird location 849 00:50:43,719 --> 00:50:47,520 Speaker 22: on Fountain Square last week, injuring two people. Responding police 850 00:50:47,560 --> 00:50:50,640 Speaker 22: previously arrested an underage teen in that incident, accused of 851 00:50:50,680 --> 00:50:53,120 Speaker 22: dumping a gun as he tried to run from the scene. 852 00:50:53,239 --> 00:50:56,760 Speaker 22: Ferguson's attorney says he was acting in self defense. Investigators 853 00:50:56,760 --> 00:50:59,640 Speaker 22: also say that same gun was used in a shooting 854 00:51:00,080 --> 00:51:03,759 Speaker 22: on Spring Grove in Northside two days before. Ferguson's been 855 00:51:03,800 --> 00:51:07,240 Speaker 22: on probation after he was convicted of aggravated assault earlier 856 00:51:07,280 --> 00:51:10,920 Speaker 22: this year. I'm Jack Crumley News Radio seven hundred WLW. 857 00:51:11,120 --> 00:51:13,680 Speaker 11: Over Kentucky Drivers, you need to plan for a detour 858 00:51:13,760 --> 00:51:17,040 Speaker 11: around the Trott Street Bridge this week. KYTC has closed 859 00:51:17,040 --> 00:51:19,360 Speaker 11: the Girl Scouts Bridge for a week due to emergency 860 00:51:19,400 --> 00:51:22,160 Speaker 11: repair work. Hydraulic jacks are in place to keep the 861 00:51:22,200 --> 00:51:25,360 Speaker 11: bridge up while Cruiser worked to install new bridge bearings 862 00:51:25,520 --> 00:51:29,000 Speaker 11: to handle temperature changes and traffic loads, especially when the 863 00:51:29,000 --> 00:51:32,560 Speaker 11: Fourth Street Bridge closes up. KYTC crews are expecting to 864 00:51:32,560 --> 00:51:34,920 Speaker 11: reopen this bridge Monday. 865 00:51:35,120 --> 00:51:37,040 Speaker 2: Seven one hundred WLW. 866 00:51:37,920 --> 00:51:42,200 Speaker 11: Sports FC Cincinnati midfielder Evander named to the MLS Team 867 00:51:42,239 --> 00:51:44,880 Speaker 11: of the Match day number thirty nine on Monday. His 868 00:51:45,000 --> 00:51:47,040 Speaker 11: goal and assist in the three nail victory over c 869 00:51:47,239 --> 00:51:50,560 Speaker 11: F Montreal gives the Brazilian his twelfth honor of the season. 870 00:51:50,800 --> 00:51:53,200 Speaker 11: That's a club record in Cincinnati, and the Orange and 871 00:51:53,239 --> 00:51:56,320 Speaker 11: Blue picked up their thirty third recognition this year. Evander 872 00:51:56,400 --> 00:51:59,919 Speaker 11: finishes the regular season with eighteen goals fifteen assists. It's 873 00:52:00,080 --> 00:52:03,600 Speaker 11: Hell is Real Playoff edition next Monday at TQL Stadium 874 00:52:03,680 --> 00:52:06,760 Speaker 11: against the Columbus crew first kick at six forty five. 875 00:52:07,280 --> 00:52:10,280 Speaker 11: It's a temporary decision by a Franklin County Common Police judge, 876 00:52:10,280 --> 00:52:12,600 Speaker 11: but it's one that can bring name, image and likeness 877 00:52:12,920 --> 00:52:16,920 Speaker 11: or NIL to Ohio high school athletics. Currently, Ohio is 878 00:52:16,920 --> 00:52:19,640 Speaker 11: one of six states that don't allow compensation to high 879 00:52:19,640 --> 00:52:23,040 Speaker 11: school students. Attorney Luke Fedlam and his client wide receiver, 880 00:52:23,200 --> 00:52:26,640 Speaker 11: Jamir Brown of Hubert Heightswain, have won a temporary restraining 881 00:52:26,719 --> 00:52:30,320 Speaker 11: order on that statewide band, blocking it into another hearing 882 00:52:30,600 --> 00:52:31,799 Speaker 11: on December fifteenth. 883 00:52:32,040 --> 00:52:34,640 Speaker 23: What's being asked here is for a student athlete to 884 00:52:34,640 --> 00:52:38,360 Speaker 23: be able to earn compensation, not just be given compensation, 885 00:52:38,440 --> 00:52:40,799 Speaker 23: but to earn it based on the licensing of their name, 886 00:52:40,840 --> 00:52:43,520 Speaker 23: image and likeness for social media influencing and other things. 887 00:52:43,560 --> 00:52:46,880 Speaker 23: And so that is an opportunity for high school student athletes. 888 00:52:47,120 --> 00:52:50,000 Speaker 11: The OHSAA is expected to give details on this in 889 00:52:50,040 --> 00:52:52,720 Speaker 11: the near future. Our next update is at the bottom 890 00:52:52,760 --> 00:52:55,800 Speaker 11: of the hour. I'm Ley Mawen, News Radio seven hundred 891 00:52:56,000 --> 00:52:57,640 Speaker 11: WLW You. 892 00:52:57,600 --> 00:52:59,799 Speaker 10: Ever wonder how far an EV can take you on 893 00:52:59,800 --> 00:53:03,520 Speaker 10: one charge. Well, most people drive about forty miles a day, 894 00:53:03,600 --> 00:53:04,640 Speaker 10: which means you can do all