Ken Rosato is filling in as guest host of Mendte in the Morning and talks about the craziness of the stock market, the latest in the trade war with China; Vickie Paladino talks about the NYC Mayoral race, and Eric Adams decision to run as an independent; Joe Concha talks about the issue of the AP’s access to the White House and the latest reports on government waste spending.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
I had a very good Wednesday morning. Good to be
with you at six so five on your Wednesday days.
April ninth, twenty twenty five. If you keeping score, this
is meant to in the morning and our friend Larry
has the day off. You may remember me, Ken Rosano
for my decades, says a TV news anchor here in
New York. I worked on Channel seven. I was on
Channel five, and you may also hear me filling in
(00:20):
from time to time for the great mister New York
Mark Simone when he takes the rare day off. I
always say, when I grow up, I want to sound
like Mark. He has a set of pipes on him,
like nobody's business. What a great voice. Definitely a radio voice.
Oh my god, It's just comes so natural for him.
He's just so good and so confident and awesome, just
like our Larry. Larry and I both worked at Channel
(00:42):
seven together, well not together different times, but it's nice
to be in the seat of a fellow Channel seven alumn.
I now work these days at a channel in New Jersey,
a TV channel called on New Jersey o NNJ dot com.
You could stream it from anywhere, no matter where you
are in the country. But if you if you are
my mother, my aunt, or a few of my relatives
(01:03):
and you long to see my face on TV, that's
the way you can see me o n NJ dot
com and you'll see me streaming news and commentary there.
I do it that way. It's a lot of fun.
I get to do it from the home, so it's great.
I also have a website that Natalie, you still haven't
checked out, have you?
Speaker 2 (01:19):
No?
Speaker 1 (01:19):
I did go on the food Dude, thank you. Thefooddude
dot us, not the com I don't want to confuse anybody.
It's the food Dude dot us literally access to millions
of recipes from around the world, so hopefully I'll check
that out. The phone lines are open here one eight
hundred three two one zero seven ten one eight hundred
(01:40):
three two one zero seven ten, or you could use
the iHeartRadio talkback feature. Just open your iHeartRadio app perfectly free,
by the way, go to wor radio and look for
the little red microphone on the upper right of the screen.
Just tap on the mic and follow the instructions. Even
I can do it, So if I can do it,
you can do it, and you can leave a message
tell us how you feel, leave a comment, anything you'd
(02:02):
like to say, Hey, Hey Ken and I miss you
on TV, or Hey Ken, thank god you're not on
TV anymore. Anything you want to say, It's up to
you again the talkback feature on the iHeartRadio app, I've
big three stories this morning for your Wednesday. First, of course,
the market has another day of wild swings yesterday. The
bad news these massive swings are caused by uncertainty, uncertainty
(02:25):
from mixed messages coming from the White House. But the
good news is the market is not experiencing the massive
losses that it saw last week. On Thursday and Friday,
worldwide markets saw trillions of dollars in investments lost. And
while a lot of that money belonged to big Wall
Street fat cats who could afford the hit, still billions
more belong to hardworking individuals and their investment and retirement
(02:48):
portfolios like you and me. If you have a four
to Zoe K or any one of a myriad of
investment accounts, it's pretty certain you suffered some serious losses
in the past week. Now. To be clear, anything I
tell you right now, I am not a financial expert
by any means. If I were I'd be in the
Caribbean right now, sipping a margarita, listening to the show
and not working. But I only speak from personal experience,
(03:12):
and I've been taught by my financial professional friends over
the years the worst thing that I can do when
the market starts to take a dip is to sell
and take a loss. In fact, I've always been told
you only officially take a loss when you sell in
a down market. If you just keep the money and
let it ride, that you are not losing your money.
It's only what you cash out, and if there is
(03:34):
a down economy or a down market, that you lose
your money officially at that point. Now, the question is
how long it'll take for the market to rebound, And
if I mean, we don't know, I'm just assuming it
will it always has historically. How long can you afford
to wait unless you absolutely positively need your money for
a specific reason right at this moment. Several investor friends
(03:55):
have told me just leave investments in place. In fact,
I know a number of people who jumped into the
market head first yesterday, buying up anything that appeared to
be a bargain. And again I'm recommending nothing. I am
not a financial expert. I'm just sharing anecdotal information. So
what is the good news. Well, the good news is
that while the Dow closed down for a fourth day yesterday,
(04:15):
the downturn has been lessening each day. So the Dow
closed down three hundred and twenty points yesterday after closing
down three hundred and forty nine points on Monday. But
it was twenty two hundred points, i should say, down
on Friday, sixteen hundred points last Thursday. So while markets
around the world are really tanking, US markets are relatively
(04:36):
stable in comparison, You say, but ken but can its
three hundred points down? Well, that's a lot better than
China was yesterday at this time and Europe Europe wash down,
some of the markets were down three percent. Now. The
keyword here again is uncertainty. Even if the Trump administration
were to announce really bad news, if it were announced
with a battle plan of how we head out of
(04:56):
it or how long it might take, the market would
likely rebound be because of stability in terms of certainty.
We just need to know some certainty. Next, the Trump
administration says China made a big mistake with retaliatory tariffs
on US goods and will now face a one hundred
four percent tariff rate as of midnight.
Speaker 2 (05:16):
He believes that China wants to make a deal with
the United States. He believes China has to make a
deal with the United States. It was a mistake for
China to retaliate. The president. When America is punched, he
punches back harder. That's why there will be one hundred
and four percent tariffs going into.
Speaker 1 (05:32):
Effect, and that went into effect as of twelve oh
one am this morning. Beijing vowed to fight till the
end despite the massive new duties on exports to the US.
Speaker 2 (05:42):
The President likes to get things done, but he is
very much focused on ensuring that these deals are good
for the American worker, they are good for American manufacturing,
and again that they tackle these crippling deficits with these countries.
Speaker 1 (05:54):
Now, remember, the US is the top market for Chinese products.
Treasury Secretary Scott Bessen said Tuesday that China has a
losing hand in its tariff standoff with the US because quote,
we are the deficit country. We export one fifth to
China of what they export to US, so they need
to sell goods to us. We're the market they need.
This is going to be a losing hand for them.
(06:16):
Last year, China exported four hundred and thirty nine billion
dollars worth of goods to US, while the US sent
China one hundred and forty five billion dollars worth of goods.
So we could sell our products elsewhere, but China needs us.
The massive new one hundred and four percent teriff right
already took effect, like I said, just about six hours ago,
and now the bad news is, as sixteen point five
(06:38):
percent of all US imports come from China, the cost
has to be made up somewhere, So that means prices
for goods from China or goods made with parts from China,
such as American cars and electronics, will likely see price increases.
The hope, of course, is an end result that either
forces China to the bargaining table to negotiate down tariff
(06:59):
costs and relations between the two nations, or the repatriation
of industry to the United States, meaning we would be
back to building things here once again like we used to. Well,
the problem there is that takes time. You can't build
a factory in a day and hire and train workers
in a week. In the meantime, Americans are going to
have to pay the price. But the good news here
(07:21):
is short term pain may equal long term gain with
more production autonomy, more jobs, and higher worker pay. Just
think back for a second to the COVID pandemic when
we needed Thailand all and things like that, and Naceta minifit,
which is tailent. All many of the pills were made
in China and we had to rely on them. So
many of our prescriptions come from China and India, they're
(07:44):
not made here. And while it's a good way to
save money, and the manufacturing being done there saves us
money in terms of our drug costs and whatnot, the
problem is when you have things like a COVID case
or a pandemic i should say, or you have a
trade war teriff war. Now, all of a sudden, we
have an issue. So that's why we have to get
(08:05):
back to at least doing some things here. It's one
thing if we had a little of our manufacturing go overseas,
but to have all of it go overseas, that's when
we find ourselves in a problem. And in other news
now also we have something that's really disturbing the acceptance
of a new mindset that devalues life and promotes violence.
(08:26):
Now we saw how many younger people reacted to the
murder of United Healthcare CEO Brian Thompson allegedly by Luigi Manchioni.
No matter what your opinion of the healthcare industry, there
would have been a time not too long ago when
the idea of murder would have immediately and universally been condemned.
But today not so much. And what used to be
(08:46):
a far left fringe idea of attacking politicians, specifically President
Trump and by extension, Elon Musk, more and more so
called mainstream democrats are throwing in with the idea, saying,
you know what, it's just liable to murder, to murder.
Based on political opinion data released on Monday from the
Network Contagion Research Institute and CRI get this statistic, it
(09:11):
found that forty eight percent and fifty five percent respectively
of left of center people at least somewhat justify murder
for Elon Musk and President Trump. And these attitudes aren't fringe,
the report shows they reflect the new assassination culture grounded
in far left authoritarianism. It's becoming common parlance on social
(09:31):
media and on university campuses. The group produced its study
with the Rutgers University Social Perception Lab. So this is
a serious group, and they surveyed over twelve hundred US
citizens about their attitudes toward political violence. Well, sorry, folks,
you can thank the infiltration of communist professors in higher
education in the US for this. Parents believe they're doing
the best thing possible for their kids sending them to
(09:54):
these institutions, but many have become nothing more than propaganda
centers to teach, shutting down freest speech and destroying American values.
And you are paying one hundred gees a year for it.
How do you like that? We If I had a
dollar for every friend and relative who told me their
kid went off to college quote unquote normal and returned
totally radicalized, I would be sitting down and relaxing on
(10:16):
a beach somewhere, all right, seven ten wor the Voice
of New York Time now six sixteen. A restaurant offers
up to twenty percent skinny discount. You heard me right,
if customers can squeeze through some little skinny spaces, unique
offer or body shaming. We're going to talk about it
when we get back. Plus, we have tickets to see
Barry Manilow at eight twenty five, Ken Rosatto and Hilariot
(10:38):
seven ten WR. Vicki Palladino, New York City council member
representing District nineteen of Northeast Queen's joints us on the
phone this morning. Good morning, Vicki, Good morning Canon.
Speaker 3 (10:49):
How will you.
Speaker 1 (10:50):
I'm great, I have I happy Wednesday. I have watched
you and I've listened to you forever, and this is
the first time I get to talk to you. So
it's such a pleasure.
Speaker 4 (10:58):
To talk to you.
Speaker 3 (10:58):
So thank you so much.
Speaker 1 (11:00):
Thanks and thank you, thank you for being on Mayor
Adams and his independent run and his special T shirt yesterday.
Talk about what's going on.
Speaker 3 (11:11):
You know what. We are in a state of confusion.
This is the most bizarre mayorial race I've seen in
my lifetime. We've got such extremes and we're trying to
find a center ground here. I think that's what Mayor
Adams is trying to do right now, is to find
(11:32):
some sort of center. He has had the job now
for three years and four months, and I think he's
finding his footing, maybe too late, because he's going to
run as an independent maybe not. Cuomo is left of center.
We all know that. Then we have Zo Rant who,
(11:54):
as I've said many times and we'll say again, needs
to really scare the pants off of every I mean
his new government run supermarkets. I mean, how much more
are we going to do? This guy's the biggest anti
semi as well as a communist and his way of thinking. However,
with that being said, we have a radical left state
(12:18):
of affairs here in this city, and he is the
fifth waving radical left dream candidate. So then we have
Curtis Leewa, who is running on the Republican ticket. So
this is a mixed bag of people trying to find
their footing. Curtis has firm footing. Cuomo is as stubborn
(12:42):
as they come. I'll say he's got some firm footing,
but he needs a lot of he needs to do
a lot of apologizing. You've got Zoe Rah who's coming
up second behind Cuomo. Let's see how this plays out.
It's going to be a very interesting June, and I
think a very confusing June for a lot of Democrats.
I suggest my Democrat friends of sound mind, go in
(13:06):
and do not do the rank choice voting. Please vote
for the one person who you think is best to
run this city.
Speaker 1 (13:14):
Yeah, the whole rank choice voter. I got to jump
in and say that whole rank choice voting thing confuses
the hell out of me. And I look, I've been
a journalist. I'm fifty seven. I've been a journalist since
I'm like literally twelve I was on TV. Yeah, it's
still confusing to be what. You pick three names and
they look at whoever picked the most in number one,
whoever picked the most in number two becomes number two,
(13:35):
and next to me, that's still so convoluted. I guarantee
most people don't even understand that, and they'll just put
down three names, not something. What they're doing.
Speaker 3 (13:42):
Gee, it's a license fritique, you know. And Ken, they
created all of this, you know, all of this chaos
that we're living through. The Democratic Party created this mess.
You know, you used to go in There was one
election day, Okay, there was a primary day. Democrats eight primaries. Well,
(14:05):
that's the most important race anybody could vote in. And
I want everybody to realize that rank choice voting is
their way. It's a great way to cheat first, second,
third place. Give me a break. Okay, two people go
in to a primary and then you pick the one
person that you want. Please don't fall into that first, second,
(14:25):
or third place Malwaukee, because whoever gets to fifty percent,
they win. Now, Zoe ran he also secured the Working
Families party line, so he's going to be on the ballot.
No matter what Cuomo's recent pass is still biting at
his at his heels. How is he going to run
(14:46):
away from COVID and what he's done shutting our schools
down and killing old people. I mean, the list goes on.
Speaker 1 (14:54):
And on, and we also have to hit on this
new proposed bill in Abody. Allbody as radical as I
thought the New York City Council was. The State Assembly
and Senate in Albany looks like I mean, if we
moved it to the former Soviet Union, they would be
too conservative. It's unbelievable. It is unreal how liberal they
(15:14):
are in Albany. But there's this new proposed bill that
police stopping somebody on the highway. Now, if you stop
somebody and then you see something suspicious, you're not allowed
to pull the people out of the car and investigate further.
You can only stop them and issue the ticket for
which you are stopping them. I mean, this violates every
rule of police work that we've always had.
Speaker 3 (15:36):
Absolutely. Now, when I first heard about this, to tell
you the truth, Ken, I shrugged and I know, can't
be they cannot possibly come up with this, This can't
be serious. And then one article after the other and
hell they are so like you said this, Look this
comes down once again, one party system, no checks, no balance.
(16:00):
Everybody loses when it comes to this. You know when
they claim racial racially motivated. You know, when a cop
pulls over a car for it expired a plate or
a miss. They don't know who's driving that car. They
have no idea, So stop the nonsense. This is the
most basic, basic form of police work that we've ever had.
(16:25):
You know, you pull somebody over, and you know what,
it's probably one of the most dangerous stops a cop
could make in today's world that we're living in because
we don't know who's behind the wheels because of our
cash bail system, non cash bail system, and how it's going. Well,
like what happened to Dilla Police Office at Dilla, we've
(16:48):
had we've had so many routine stops turned into very
bad things.
Speaker 1 (16:53):
Okay, my dad was a highway cop, so I know
we used to always be terrified in my family. Vicki Palladino,
New York City counselwoman, Always a pleasure to have you on.
Thank you so much for being on on this Wednesday morning.
Speaker 3 (17:05):
Nice Ken, Thank you very much to have a great
rest of you week you.
Speaker 1 (17:08):
As well, and a very good Wednesday morning to you.
Eight thirty nine is our time. Congratulations. A certain friend
of ours ear he's a friend now because I want
to want him to take me with him. Is going
to go see Barry Manilow at Radio City Music Hall
this coming Sunday. He was calling a number eight. His
name is Steve twork of ron Konkama. Congratulations to you, Steve,
Thanks for listening and calling in to win another chance
(17:29):
to win Barry manilo tickets tomorrow morning at eight twenty five.
Here at seven to ten, wor well you watch him
on Fox News. He's a contributor there. The man is
on like every show on the darn channel. And of
course he's also here at WR Joe Concha. He has
a new book coming up. You could pre order it
now at Amazon, The Greatest Comeback Ever. Inside Trump's big,
(17:51):
beautiful campaign, Joe, I just gave you a hell of
a commercial here. I charge money for these things.
Speaker 4 (17:58):
Ken send it to then the Zell and I'll get
you your twelve percent for it. Then well done, perfectly executed.
Speaker 1 (18:06):
I know you have teens if you're talking Venmo and Zel.
Speaker 4 (18:11):
I got a nine year old next to me. I'm
taking an elementary school and an eleven year old, so
I have an almost team. But now that's all I use. Man,
I don't when I got to pay somebody and I
gotta go get cash from the bank or find my
check book, you never know where it is, Like, what
are you doing? Venmo's so easy exactly. I didn't get lost, right,
I got. I did a speech. I'm sorry. I don't
(18:31):
need to go off on a tention. I did a
speech not too long ago locally, and the guy pays
me cash for it, and I'm like, oh, something's gonna
go wrong here, and sure enough it did, all right.
I put it in my wallet. My wall fell out
of my bag. And then I didn't call the no
Because I didn't call the uber, I couldn't get in
touch with the guy. And by the time I got
in touch with the guy who called the uber it
was gone, so it's like you gotta be And I
(18:53):
had a tracker in my wallet, and I tracked to
where the wallet was. I drove by the house for
the walls, ended up that it was a place I
didn't want to walk into.
Speaker 1 (19:01):
And they were throwing a big party.
Speaker 4 (19:04):
Yeah, go back to the guy and tell him I
lost your money.
Speaker 1 (19:08):
My great Yeah, my grandmother would say they needed it
more than you. So that's a way you can think
about it.
Speaker 4 (19:13):
In this case, absolutely they did. It looked like the
Mets lab out of breaking that. I'm like, all, I'm
not going to that place.
Speaker 1 (19:19):
No, all right, let's talk about Trump appointed judges. The
Trump appointed judge rather shining with the Associated Press and
the battle over the White House access and and the
AP not wanting to use Gulf of America. How do
you feel about this decision?
Speaker 4 (19:33):
Well, the AP has obviously taken an activist position, right
Obama and Biden they had changed things before, not something
as big as the golf, but as far as like
the name of mountains or of military bases, and the
AP went right along with it. So this is to
play the resist stumps, and they're supposed to be a
wire service, and most other news organizations are going along
with it, so I think they're just doing it for attention.
(19:54):
Here we are talking about it, so I guess it's working.
Speaker 1 (19:57):
I suppose. I mean, there's part of me I feel both.
I'm very libertarian. Part of me says, yeah, you know what,
come on, do you're supposed to be a wire service.
World paying for this, all the organizations that use them.
It's not like it's free. We pay for this. And
if legally it is now the Gulf of American by
the way, last time I checked, Mexico and Canada were
part of the Americas, right, So it's not just Golf
(20:18):
of the United States of Americas. Golf of the Americas
in essence, so it is fairly representing all the countries.
So why not. But if the President signed off on it,
it is what it is. But part of me says,
you know what, freedom of the press. It is the
people's house, et cetera. We should all have access to it.
So just because Obama did it by putting people in
the back of the room and not calling on them,
(20:39):
doesn't mean we should do the same.
Speaker 4 (20:41):
Okay, that's all fair. I think In the end, you know,
Obama tried to bar Fox News from the White House prestpool.
For example, Yes, he spied on James Rosen, who was
a Fox News correspondent at the time, even spied on
his parents. He sees AP phone records secretly Obama did uh.
And then obviously Joe Biden tried to establish what was
(21:02):
called the UH Disinformation Board, the government disinformation Board, where
an administration can decide what is accurate information and what isn't.
So if you said Hunter Biden's laptop was actually not
a product of Russian uh, you know, disinformation uh, then
you were considered to be a conspiracy theorist. If you
said that COVID didn't come from a lab in Wuhan
that literally studies coronaviruses, then you were labeled a conspiracy theorist.
(21:25):
So I don't think government should be involved in policing
of language in any way, shape or form. That's certainly
for sure.
Speaker 1 (21:30):
And you recall that the New York Post was deplatformed
because they did the story about the laptop and and
it was called disinformation. I mean, the everybody involved in
deep platforming, everybody involved in calling a disinformation should literally
be hauled before Congress right now. That to me, I mean,
that's what takes away all our credibility. Credibility when you
(21:51):
have such clear partisans doing this. This is pure propagada
and they shouldn't be allowed to get away with it. Uh,
change better, no speech, exactly, I agree with you. Federal
agencies have spent four point six billion dollars on furniture
office furniture since twenty twenty one, despite most employees either
working from home or not being into the office at
(22:12):
all during COVID et cetera. I mean, four point six
billion dollars will be the equivalent to something like nine
million Americans getting a new kitchen table.
Speaker 4 (22:22):
I always proud of myself when I had an apartment
in Hobook and during my single days, that I was
able to furnish that thing for under five hundred dollars. Yeah,
the fact that you made a great point four point
six billion dollars for furniture in buildings where ninety four
percent of federal workers aren't showing up for work. You know,
they're in the pajamas watching Captain Kangaroo and doing their
jobs from home. But remember, ken Elon Musk is the problem,
(22:45):
not what he's finding Nope. Actually it's the opposite.
Speaker 1 (22:48):
And now you have people on the left, fifty five
percent of Democrats in this recent survey saying that they
would favor or they have no objection to the assassination
of Elon and the president. These people are crazy, and
this is a survey of twelve hundred and sixty six people.
Speaker 4 (23:04):
I mean, look, when Luigi Mangoni shoots a guy in
the back who's a father of two, a husband, that's
obviously Brian Thompson, who is the CEO of United Healthcare,
and MANGIONI can raise a million dollars on GoFundMe, and
you have people actually protesting on his behalf that he
(23:24):
was actually right to do what he did. That's fifty
five percent number. Would surprise me before that happened, and afterwards,
I guess I kind of expected it's I was at
those protests in Brian Park for Fox covering that over
the weekend, and I couldn't believe how many people would
say that it is actually right to firebomb and to
shoot at Tesla dealerships because they want to save democracy,
(23:46):
which I can't quite connect that dot, but yeah, that's
where we are. Democrats are the part not only a censorship,
but the party of violence. When a majority believed that,
that's a big problem and that's why so many people
now are you know, we've kind of shrugged when Donald
Trump was nearly assascinated. What I mean, it's.
Speaker 1 (24:00):
Crazy seven to ten war. You're listening to Joe Kanscha,
Fox News contributor Ken Rosanto in for Larry Today, and Joe,
you know, when you go to these these protests, do
you see anything other than super young and super old.
It's like the super older reliving their hippie days and
the super young don't know any better, and they're propagandas
to college.
Speaker 4 (24:21):
You know, I didn't think about that, but you're right.
It was mostly older people, you know, seventy plus. There
was one woman that we filmed who stood in front
of a fire truck while the truck was trying to
get to an emergency. And then when I interviewed her afterwards,
she's like, what was with them? They're trying to silence
us by putting on their sirens. I'm like, nohing weren't.
They're trying to do a freaking fire, you freak you know.
(24:41):
So that was that. But yeah, it's either like twenty
something or seventy something, but not a lot in between.
So yeah, I didn't think of the demographic, but that
that appears to be where we are. But it's just
it's a scary time to be in this country. I
know you got to go.
Speaker 1 (24:52):
You know. Wait, well we got thirty seconds IRS agreeing
to unprecedented measures of sharing text details of illegal migrants
with the da CHAS for deportation efforts. Your opinion, I'm shocked.
Speaker 4 (25:04):
Or even paying taxes, I mean, yeah, incredible. Hopefully the
eighty seven thousand that Biden added were eliminated their jobs
because running on oh we need more I R S
Agents was not a good idea for the Democratic Party.
Speaker 1 (25:18):
We'll put them at the border, let them, let them
do some different work. That's what we did. That's a
good thing, all right. Joe, gotcha, Fox News contributor. Thank
you so much. Your new book is coming out. Pre
order it now at Amazon, The greatest comeback ever, Inside
Trump's big beautiful campaign. My friend, always good watching you
on TV and hearing you right here.
Speaker 4 (25:34):
Set then you're all set there, Thank you, Thank you, Jim,
my friend. You bet
I had a very good Wednesday morning. Good to be
with you at six so five on your Wednesday days.
April ninth, twenty twenty five. If you keeping score, this
is meant to in the morning and our friend Larry
has the day off. You may remember me, Ken Rosano
for my decades, says a TV news anchor here in
New York. I worked on Channel seven. I was on
Channel five, and you may also hear me filling in
(00:20):
from time to time for the great mister New York
Mark Simone when he takes the rare day off. I
always say, when I grow up, I want to sound
like Mark. He has a set of pipes on him,
like nobody's business. What a great voice. Definitely a radio voice.
Oh my god, It's just comes so natural for him.
He's just so good and so confident and awesome, just
like our Larry. Larry and I both worked at Channel
(00:42):
seven together, well not together different times, but it's nice
to be in the seat of a fellow Channel seven alumn.
I now work these days at a channel in New Jersey,
a TV channel called on New Jersey o NNJ dot com.
You could stream it from anywhere, no matter where you
are in the country. But if you if you are
my mother, my aunt, or a few of my relatives
(01:03):
and you long to see my face on TV, that's
the way you can see me o n NJ dot
com and you'll see me streaming news and commentary there.
I do it that way. It's a lot of fun.
I get to do it from the home, so it's great.
I also have a website that Natalie, you still haven't
checked out, have you?
Speaker 2 (01:19):
No?
Speaker 1 (01:19):
I did go on the food Dude, thank you. Thefooddude
dot us, not the com I don't want to confuse anybody.
It's the food Dude dot us literally access to millions
of recipes from around the world, so hopefully I'll check
that out. The phone lines are open here one eight
hundred three two one zero seven ten one eight hundred
(01:40):
three two one zero seven ten, or you could use
the iHeartRadio talkback feature. Just open your iHeartRadio app perfectly free,
by the way, go to wor radio and look for
the little red microphone on the upper right of the screen.
Just tap on the mic and follow the instructions. Even
I can do it, So if I can do it,
you can do it, and you can leave a message
tell us how you feel, leave a comment, anything you'd
(02:02):
like to say, Hey, Hey Ken and I miss you
on TV, or Hey Ken, thank god you're not on
TV anymore. Anything you want to say, It's up to
you again the talkback feature on the iHeartRadio app, I've
big three stories this morning for your Wednesday. First, of course,
the market has another day of wild swings yesterday. The
bad news these massive swings are caused by uncertainty, uncertainty
(02:25):
from mixed messages coming from the White House. But the
good news is the market is not experiencing the massive
losses that it saw last week. On Thursday and Friday,
worldwide markets saw trillions of dollars in investments lost. And
while a lot of that money belonged to big Wall
Street fat cats who could afford the hit, still billions
more belong to hardworking individuals and their investment and retirement
(02:48):
portfolios like you and me. If you have a four
to Zoe K or any one of a myriad of
investment accounts, it's pretty certain you suffered some serious losses
in the past week. Now. To be clear, anything I
tell you right now, I am not a financial expert
by any means. If I were I'd be in the
Caribbean right now, sipping a margarita, listening to the show
and not working. But I only speak from personal experience,
(03:12):
and I've been taught by my financial professional friends over
the years the worst thing that I can do when
the market starts to take a dip is to sell
and take a loss. In fact, I've always been told
you only officially take a loss when you sell in
a down market. If you just keep the money and
let it ride, that you are not losing your money.
It's only what you cash out, and if there is
(03:34):
a down economy or a down market, that you lose
your money officially at that point. Now, the question is
how long it'll take for the market to rebound, And
if I mean, we don't know, I'm just assuming it
will it always has historically. How long can you afford
to wait unless you absolutely positively need your money for
a specific reason right at this moment. Several investor friends
(03:55):
have told me just leave investments in place. In fact,
I know a number of people who jumped into the
market head first yesterday, buying up anything that appeared to
be a bargain. And again I'm recommending nothing. I am
not a financial expert. I'm just sharing anecdotal information. So
what is the good news. Well, the good news is
that while the Dow closed down for a fourth day yesterday,
(04:15):
the downturn has been lessening each day. So the Dow
closed down three hundred and twenty points yesterday after closing
down three hundred and forty nine points on Monday. But
it was twenty two hundred points, i should say, down
on Friday, sixteen hundred points last Thursday. So while markets
around the world are really tanking, US markets are relatively
(04:36):
stable in comparison, You say, but ken but can its
three hundred points down? Well, that's a lot better than
China was yesterday at this time and Europe Europe wash down,
some of the markets were down three percent. Now. The
keyword here again is uncertainty. Even if the Trump administration
were to announce really bad news, if it were announced
with a battle plan of how we head out of
(04:56):
it or how long it might take, the market would
likely rebound be because of stability in terms of certainty.
We just need to know some certainty. Next, the Trump
administration says China made a big mistake with retaliatory tariffs
on US goods and will now face a one hundred
four percent tariff rate as of midnight.
Speaker 2 (05:16):
He believes that China wants to make a deal with
the United States. He believes China has to make a
deal with the United States. It was a mistake for
China to retaliate. The president. When America is punched, he
punches back harder. That's why there will be one hundred
and four percent tariffs going into.
Speaker 1 (05:32):
Effect, and that went into effect as of twelve oh
one am this morning. Beijing vowed to fight till the
end despite the massive new duties on exports to the US.
Speaker 2 (05:42):
The President likes to get things done, but he is
very much focused on ensuring that these deals are good
for the American worker, they are good for American manufacturing,
and again that they tackle these crippling deficits with these countries.
Speaker 1 (05:54):
Now, remember, the US is the top market for Chinese products.
Treasury Secretary Scott Bessen said Tuesday that China has a
losing hand in its tariff standoff with the US because quote,
we are the deficit country. We export one fifth to
China of what they export to US, so they need
to sell goods to us. We're the market they need.
This is going to be a losing hand for them.
(06:16):
Last year, China exported four hundred and thirty nine billion
dollars worth of goods to US, while the US sent
China one hundred and forty five billion dollars worth of goods.
So we could sell our products elsewhere, but China needs us.
The massive new one hundred and four percent teriff right
already took effect, like I said, just about six hours ago,
and now the bad news is, as sixteen point five
(06:38):
percent of all US imports come from China, the cost
has to be made up somewhere, So that means prices
for goods from China or goods made with parts from China,
such as American cars and electronics, will likely see price increases.
The hope, of course, is an end result that either
forces China to the bargaining table to negotiate down tariff
(06:59):
costs and relations between the two nations, or the repatriation
of industry to the United States, meaning we would be
back to building things here once again like we used to. Well,
the problem there is that takes time. You can't build
a factory in a day and hire and train workers
in a week. In the meantime, Americans are going to
have to pay the price. But the good news here
(07:21):
is short term pain may equal long term gain with
more production autonomy, more jobs, and higher worker pay. Just
think back for a second to the COVID pandemic when
we needed Thailand all and things like that, and Naceta minifit,
which is tailent. All many of the pills were made
in China and we had to rely on them. So
many of our prescriptions come from China and India, they're
(07:44):
not made here. And while it's a good way to
save money, and the manufacturing being done there saves us
money in terms of our drug costs and whatnot, the
problem is when you have things like a COVID case
or a pandemic i should say, or you have a
trade war teriff war. Now, all of a sudden, we
have an issue. So that's why we have to get
(08:05):
back to at least doing some things here. It's one
thing if we had a little of our manufacturing go overseas,
but to have all of it go overseas, that's when
we find ourselves in a problem. And in other news
now also we have something that's really disturbing the acceptance
of a new mindset that devalues life and promotes violence.
(08:26):
Now we saw how many younger people reacted to the
murder of United Healthcare CEO Brian Thompson allegedly by Luigi Manchioni.
No matter what your opinion of the healthcare industry, there
would have been a time not too long ago when
the idea of murder would have immediately and universally been condemned.
But today not so much. And what used to be
(08:46):
a far left fringe idea of attacking politicians, specifically President
Trump and by extension, Elon Musk, more and more so
called mainstream democrats are throwing in with the idea, saying,
you know what, it's just liable to murder, to murder.
Based on political opinion data released on Monday from the
Network Contagion Research Institute and CRI get this statistic, it
(09:11):
found that forty eight percent and fifty five percent respectively
of left of center people at least somewhat justify murder
for Elon Musk and President Trump. And these attitudes aren't fringe,
the report shows they reflect the new assassination culture grounded
in far left authoritarianism. It's becoming common parlance on social
(09:31):
media and on university campuses. The group produced its study
with the Rutgers University Social Perception Lab. So this is
a serious group, and they surveyed over twelve hundred US
citizens about their attitudes toward political violence. Well, sorry, folks,
you can thank the infiltration of communist professors in higher
education in the US for this. Parents believe they're doing
the best thing possible for their kids sending them to
(09:54):
these institutions, but many have become nothing more than propaganda
centers to teach, shutting down freest speech and destroying American values.
And you are paying one hundred gees a year for it.
How do you like that? We If I had a
dollar for every friend and relative who told me their
kid went off to college quote unquote normal and returned
totally radicalized, I would be sitting down and relaxing on
(10:16):
a beach somewhere, all right, seven ten wor the Voice
of New York Time now six sixteen. A restaurant offers
up to twenty percent skinny discount. You heard me right,
if customers can squeeze through some little skinny spaces, unique
offer or body shaming. We're going to talk about it
when we get back. Plus, we have tickets to see
Barry Manilow at eight twenty five, Ken Rosatto and Hilariot
(10:38):
seven ten WR. Vicki Palladino, New York City council member
representing District nineteen of Northeast Queen's joints us on the
phone this morning. Good morning, Vicki, Good morning Canon.
Speaker 3 (10:49):
How will you.
Speaker 1 (10:50):
I'm great, I have I happy Wednesday. I have watched
you and I've listened to you forever, and this is
the first time I get to talk to you. So
it's such a pleasure.
Speaker 4 (10:58):
To talk to you.
Speaker 3 (10:58):
So thank you so much.
Speaker 1 (11:00):
Thanks and thank you, thank you for being on Mayor
Adams and his independent run and his special T shirt yesterday.
Talk about what's going on.
Speaker 3 (11:11):
You know what. We are in a state of confusion.
This is the most bizarre mayorial race I've seen in
my lifetime. We've got such extremes and we're trying to
find a center ground here. I think that's what Mayor
Adams is trying to do right now, is to find
(11:32):
some sort of center. He has had the job now
for three years and four months, and I think he's
finding his footing, maybe too late, because he's going to
run as an independent maybe not. Cuomo is left of center.
We all know that. Then we have Zo Rant who,
(11:54):
as I've said many times and we'll say again, needs
to really scare the pants off of every I mean
his new government run supermarkets. I mean, how much more
are we going to do? This guy's the biggest anti
semi as well as a communist and his way of thinking. However,
with that being said, we have a radical left state
(12:18):
of affairs here in this city, and he is the
fifth waving radical left dream candidate. So then we have
Curtis Leewa, who is running on the Republican ticket. So
this is a mixed bag of people trying to find
their footing. Curtis has firm footing. Cuomo is as stubborn
(12:42):
as they come. I'll say he's got some firm footing,
but he needs a lot of he needs to do
a lot of apologizing. You've got Zoe Rah who's coming
up second behind Cuomo. Let's see how this plays out.
It's going to be a very interesting June, and I
think a very confusing June for a lot of Democrats.
I suggest my Democrat friends of sound mind, go in
(13:06):
and do not do the rank choice voting. Please vote
for the one person who you think is best to
run this city.
Speaker 1 (13:14):
Yeah, the whole rank choice voter. I got to jump
in and say that whole rank choice voting thing confuses
the hell out of me. And I look, I've been
a journalist. I'm fifty seven. I've been a journalist since
I'm like literally twelve I was on TV. Yeah, it's
still confusing to be what. You pick three names and
they look at whoever picked the most in number one,
whoever picked the most in number two becomes number two,
(13:35):
and next to me, that's still so convoluted. I guarantee
most people don't even understand that, and they'll just put
down three names, not something. What they're doing.
Speaker 3 (13:42):
Gee, it's a license fritique, you know. And Ken, they
created all of this, you know, all of this chaos
that we're living through. The Democratic Party created this mess.
You know, you used to go in There was one
election day, Okay, there was a primary day. Democrats eight primaries. Well,
(14:05):
that's the most important race anybody could vote in. And
I want everybody to realize that rank choice voting is
their way. It's a great way to cheat first, second,
third place. Give me a break. Okay, two people go
in to a primary and then you pick the one
person that you want. Please don't fall into that first, second,
(14:25):
or third place Malwaukee, because whoever gets to fifty percent,
they win. Now, Zoe ran he also secured the Working
Families party line, so he's going to be on the ballot.
No matter what Cuomo's recent pass is still biting at
his at his heels. How is he going to run
(14:46):
away from COVID and what he's done shutting our schools
down and killing old people. I mean, the list goes on.
Speaker 1 (14:54):
And on, and we also have to hit on this
new proposed bill in Abody. Allbody as radical as I
thought the New York City Council was. The State Assembly
and Senate in Albany looks like I mean, if we
moved it to the former Soviet Union, they would be
too conservative. It's unbelievable. It is unreal how liberal they
(15:14):
are in Albany. But there's this new proposed bill that
police stopping somebody on the highway. Now, if you stop
somebody and then you see something suspicious, you're not allowed
to pull the people out of the car and investigate further.
You can only stop them and issue the ticket for
which you are stopping them. I mean, this violates every
rule of police work that we've always had.
Speaker 3 (15:36):
Absolutely. Now, when I first heard about this, to tell
you the truth, Ken, I shrugged and I know, can't
be they cannot possibly come up with this, This can't
be serious. And then one article after the other and
hell they are so like you said this, Look this
comes down once again, one party system, no checks, no balance.
(16:00):
Everybody loses when it comes to this. You know when
they claim racial racially motivated. You know, when a cop
pulls over a car for it expired a plate or
a miss. They don't know who's driving that car. They
have no idea, So stop the nonsense. This is the
most basic, basic form of police work that we've ever had.
(16:25):
You know, you pull somebody over, and you know what,
it's probably one of the most dangerous stops a cop
could make in today's world that we're living in because
we don't know who's behind the wheels because of our
cash bail system, non cash bail system, and how it's going. Well,
like what happened to Dilla Police Office at Dilla, we've
(16:48):
had we've had so many routine stops turned into very
bad things.
Speaker 1 (16:53):
Okay, my dad was a highway cop, so I know
we used to always be terrified in my family. Vicki Palladino,
New York City counselwoman, Always a pleasure to have you on.
Thank you so much for being on on this Wednesday morning.
Speaker 3 (17:05):
Nice Ken, Thank you very much to have a great
rest of you week you.
Speaker 1 (17:08):
As well, and a very good Wednesday morning to you.
Eight thirty nine is our time. Congratulations. A certain friend
of ours ear he's a friend now because I want
to want him to take me with him. Is going
to go see Barry Manilow at Radio City Music Hall
this coming Sunday. He was calling a number eight. His
name is Steve twork of ron Konkama. Congratulations to you, Steve,
Thanks for listening and calling in to win another chance
(17:29):
to win Barry manilo tickets tomorrow morning at eight twenty five.
Here at seven to ten, wor well you watch him
on Fox News. He's a contributor there. The man is
on like every show on the darn channel. And of
course he's also here at WR Joe Concha. He has
a new book coming up. You could pre order it
now at Amazon, The Greatest Comeback Ever. Inside Trump's big,
(17:51):
beautiful campaign, Joe, I just gave you a hell of
a commercial here. I charge money for these things.
Speaker 4 (17:58):
Ken send it to then the Zell and I'll get
you your twelve percent for it. Then well done, perfectly executed.
Speaker 1 (18:06):
I know you have teens if you're talking Venmo and Zel.
Speaker 4 (18:11):
I got a nine year old next to me. I'm
taking an elementary school and an eleven year old, so
I have an almost team. But now that's all I use. Man,
I don't when I got to pay somebody and I
gotta go get cash from the bank or find my
check book, you never know where it is, Like, what
are you doing? Venmo's so easy exactly. I didn't get lost, right,
I got. I did a speech. I'm sorry. I don't
(18:31):
need to go off on a tention. I did a
speech not too long ago locally, and the guy pays
me cash for it, and I'm like, oh, something's gonna
go wrong here, and sure enough it did, all right.
I put it in my wallet. My wall fell out
of my bag. And then I didn't call the no
Because I didn't call the uber, I couldn't get in
touch with the guy. And by the time I got
in touch with the guy who called the uber it
was gone, so it's like you gotta be And I
(18:53):
had a tracker in my wallet, and I tracked to
where the wallet was. I drove by the house for
the walls, ended up that it was a place I
didn't want to walk into.
Speaker 1 (19:01):
And they were throwing a big party.
Speaker 4 (19:04):
Yeah, go back to the guy and tell him I
lost your money.
Speaker 1 (19:08):
My great Yeah, my grandmother would say they needed it
more than you. So that's a way you can think
about it.
Speaker 4 (19:13):
In this case, absolutely they did. It looked like the
Mets lab out of breaking that. I'm like, all, I'm
not going to that place.
Speaker 1 (19:19):
No, all right, let's talk about Trump appointed judges. The
Trump appointed judge rather shining with the Associated Press and
the battle over the White House access and and the
AP not wanting to use Gulf of America. How do
you feel about this decision?
Speaker 4 (19:33):
Well, the AP has obviously taken an activist position, right
Obama and Biden they had changed things before, not something
as big as the golf, but as far as like
the name of mountains or of military bases, and the
AP went right along with it. So this is to
play the resist stumps, and they're supposed to be a
wire service, and most other news organizations are going along
with it, so I think they're just doing it for attention.
(19:54):
Here we are talking about it, so I guess it's working.
Speaker 1 (19:57):
I suppose. I mean, there's part of me I feel both.
I'm very libertarian. Part of me says, yeah, you know what,
come on, do you're supposed to be a wire service.
World paying for this, all the organizations that use them.
It's not like it's free. We pay for this. And
if legally it is now the Gulf of American by
the way, last time I checked, Mexico and Canada were
part of the Americas, right, So it's not just Golf
(20:18):
of the United States of Americas. Golf of the Americas
in essence, so it is fairly representing all the countries.
So why not. But if the President signed off on it,
it is what it is. But part of me says,
you know what, freedom of the press. It is the
people's house, et cetera. We should all have access to it.
So just because Obama did it by putting people in
the back of the room and not calling on them,
(20:39):
doesn't mean we should do the same.
Speaker 4 (20:41):
Okay, that's all fair. I think In the end, you know,
Obama tried to bar Fox News from the White House prestpool.
For example, Yes, he spied on James Rosen, who was
a Fox News correspondent at the time, even spied on
his parents. He sees AP phone records secretly Obama did uh.
And then obviously Joe Biden tried to establish what was
(21:02):
called the UH Disinformation Board, the government disinformation Board, where
an administration can decide what is accurate information and what isn't.
So if you said Hunter Biden's laptop was actually not
a product of Russian uh, you know, disinformation uh, then
you were considered to be a conspiracy theorist. If you
said that COVID didn't come from a lab in Wuhan
that literally studies coronaviruses, then you were labeled a conspiracy theorist.
(21:25):
So I don't think government should be involved in policing
of language in any way, shape or form. That's certainly
for sure.
Speaker 1 (21:30):
And you recall that the New York Post was deplatformed
because they did the story about the laptop and and
it was called disinformation. I mean, the everybody involved in
deep platforming, everybody involved in calling a disinformation should literally
be hauled before Congress right now. That to me, I mean,
that's what takes away all our credibility. Credibility when you
(21:51):
have such clear partisans doing this. This is pure propagada
and they shouldn't be allowed to get away with it. Uh,
change better, no speech, exactly, I agree with you. Federal
agencies have spent four point six billion dollars on furniture
office furniture since twenty twenty one, despite most employees either
working from home or not being into the office at
(22:12):
all during COVID et cetera. I mean, four point six
billion dollars will be the equivalent to something like nine
million Americans getting a new kitchen table.
Speaker 4 (22:22):
I always proud of myself when I had an apartment
in Hobook and during my single days, that I was
able to furnish that thing for under five hundred dollars. Yeah,
the fact that you made a great point four point
six billion dollars for furniture in buildings where ninety four
percent of federal workers aren't showing up for work. You know,
they're in the pajamas watching Captain Kangaroo and doing their
jobs from home. But remember, ken Elon Musk is the problem,
(22:45):
not what he's finding Nope. Actually it's the opposite.
Speaker 1 (22:48):
And now you have people on the left, fifty five
percent of Democrats in this recent survey saying that they
would favor or they have no objection to the assassination
of Elon and the president. These people are crazy, and
this is a survey of twelve hundred and sixty six people.
Speaker 4 (23:04):
I mean, look, when Luigi Mangoni shoots a guy in
the back who's a father of two, a husband, that's
obviously Brian Thompson, who is the CEO of United Healthcare,
and MANGIONI can raise a million dollars on GoFundMe, and
you have people actually protesting on his behalf that he
(23:24):
was actually right to do what he did. That's fifty
five percent number. Would surprise me before that happened, and afterwards,
I guess I kind of expected it's I was at
those protests in Brian Park for Fox covering that over
the weekend, and I couldn't believe how many people would
say that it is actually right to firebomb and to
shoot at Tesla dealerships because they want to save democracy,
(23:46):
which I can't quite connect that dot, but yeah, that's
where we are. Democrats are the part not only a censorship,
but the party of violence. When a majority believed that,
that's a big problem and that's why so many people
now are you know, we've kind of shrugged when Donald
Trump was nearly assascinated. What I mean, it's.
Speaker 1 (24:00):
Crazy seven to ten war. You're listening to Joe Kanscha,
Fox News contributor Ken Rosanto in for Larry Today, and Joe,
you know, when you go to these these protests, do
you see anything other than super young and super old.
It's like the super older reliving their hippie days and
the super young don't know any better, and they're propagandas
to college.
Speaker 4 (24:21):
You know, I didn't think about that, but you're right.
It was mostly older people, you know, seventy plus. There
was one woman that we filmed who stood in front
of a fire truck while the truck was trying to
get to an emergency. And then when I interviewed her afterwards,
she's like, what was with them? They're trying to silence
us by putting on their sirens. I'm like, nohing weren't.
They're trying to do a freaking fire, you freak you know.
(24:41):
So that was that. But yeah, it's either like twenty
something or seventy something, but not a lot in between.
So yeah, I didn't think of the demographic, but that
that appears to be where we are. But it's just
it's a scary time to be in this country. I
know you got to go.
Speaker 1 (24:52):
You know. Wait, well we got thirty seconds IRS agreeing
to unprecedented measures of sharing text details of illegal migrants
with the da CHAS for deportation efforts. Your opinion, I'm shocked.
Speaker 4 (25:04):
Or even paying taxes, I mean, yeah, incredible. Hopefully the
eighty seven thousand that Biden added were eliminated their jobs
because running on oh we need more I R S
Agents was not a good idea for the Democratic Party.
Speaker 1 (25:18):
We'll put them at the border, let them, let them
do some different work. That's what we did. That's a
good thing, all right. Joe, gotcha, Fox News contributor. Thank
you so much. Your new book is coming out. Pre
order it now at Amazon, The greatest comeback ever, Inside
Trump's big beautiful campaign. My friend, always good watching you
on TV and hearing you right here.
Speaker 4 (25:34):
Set then you're all set there, Thank you, Thank you, Jim,
my friend. You bet
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