Episode Transcript
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Speaker 1 (00:00):
To grow your money like an investment farmer.
Speaker 2 (00:03):
This is the Boomberg Money Minute on seven hundred WLW. Already,
Monica Ritch joins us from the Bloomberg newsroom in New
York City. Apparently we're going to start getting some official
government data now that the shutdown is over.
Speaker 3 (00:17):
Yes, federal agencies will start working through a backlog of
reports now, including September's job figures this week, which will
help clarify economic momentum and federal reserve rate cut expectations.
We know policymakers have another meeting next month, but those
job numbers are expected on Thursday. Inflation adjusted earnings will
come out on Friday.
Speaker 1 (00:37):
Okay.
Speaker 2 (00:37):
The world's richest men, including Bezos, Sinbusk, and so forth,
are talking about traveling to outer space.
Speaker 3 (00:44):
Yes, they want to build gigantic data centers to run
artificial intelligence models, and they argue that they could be
powered by the Sun's energy, which can be harvested more
efficiently in space and could potentially be cheaper.
Speaker 1 (00:57):
Now.
Speaker 3 (00:57):
This is all according to the Wall Street Journal, which
says companies like Google and Video and SpaceX are all
working on these kinds of projects. They're even launching prototype
satellites now to develop plans for bases on the moon.
Speaker 1 (01:09):
Okay, well sounds good. The futures this morning.
Speaker 3 (01:14):
They are mixed this morning, but pretty much unchanged ahead
of a busy trading week. Dow futures down forty points,
Nasdaq futures up just three points. SMP futures also down
three points from Bloomberg.
Speaker 1 (01:26):
I'm Monica Rix.
Speaker 3 (01:27):
On news radio seven hundred WLW.
Speaker 2 (01:30):
OK eight ten on the Morning show seven hundred WLW.
We do it every morning after the Bengals play. We
call it the Morning After, and kind enough to join
us each in every week. Former Bengals star receiver and
return man Tim McGee. Tim, thanks as always for your time,
my friend. I don't know what else we can say.
We'll get to the Chase stuff in a minute. But
as far as play yesterday, I thought it was a
(01:54):
coaching clinic by Mike Tomlin. He found the area of
vulnerability in his defense when he played the Bengals a
few weeks ago, that being Jamar Chase, and he pretty
much shut Chase down. Yesterday. I thought it was a
coaching clinic from a great head coach.
Speaker 4 (02:11):
Not only was it a great or phenomenal coaching clinic.
The fact that they didn't have all their main guns
and they were still loaded and ready to go, and
they were still able to execute. And that's just the
genius of a Mike Tomlin. And if you want to
know why he's been in Pittsburgh so long and had
so much success and never had a losing season, now
(02:31):
you're looking at the prototype head coach in the National
Football League that the guy just knows whether you're doing
and he's a motivator, and in my opinion, he's one.
Speaker 5 (02:40):
Of the best, if not the best. Ways.
Speaker 4 (02:42):
Sorry, help me help.
Speaker 2 (02:44):
Me with something here, Tim, because you you were a
great player, you played with other great wide receivers. I
heard Dave Lapham yesterday talking during the broadcast that he
could not understand for the life of him, how the
Steelers were double teaming, if not triple teaming Chase and
why now he got some targets near the end of
the game when it didn't matter, But wondering why not
(03:06):
more to t Higgins and why not more to anybody
else if they're going to take away Chase.
Speaker 4 (03:15):
Well, let me say the first lap played in the
interior linement. So you know, I think he needs to
defer that to the pretty boy. But you know, that
sounds simple, but it really is. But typically, when you're
doubling a wide receiver of Jamar Chase's caliber, you're taking
your second and third guy and doubling that guy. You're
(03:36):
taking your best cornerback and put him on the second guy,
and then you're taking your defense and you're shifting it
towards the second guy, and you're basically making someone else
beat you. And yes, the Higgins is more than capable
of doing that, But I don't think we could have
a realistic conversation and expect the offense and Jamar Chase
(03:57):
to have two hundred yards every single game. I think
that's terribly, terribly overvaluating what a offense can do weekend
and week out. So I think we have to lure
our expectations to say, Okay, yes, Jamar Chase is an
absolute wonderful player, great player, probably the best wide receiver
in the National Football League. But he's not going to
have two hundred yards every single game. Someone's going to
(04:19):
figure it out. Pittsburgh did. Hey, next week, he may
have his two hundred yards. But that's just the way
things works in the National Football league.
Speaker 2 (04:26):
Okay, walk me through when you're in the huddle. And
yesterday here the Bengals are down two scores in the game,
We're already in the fourth quarter. They are facing a
fourth and inches inches to try and keep their hopes alive,
arguably their season alive. And when you huddle up, you're
(04:47):
telling everybody Joe Flacco is that, hey, look, don't jump,
We're going to try to draw them off sides. What
are you thinking in the huddle when you hear that.
Speaker 4 (04:58):
Well, first of all, you know you're not very confident
when you're not when a coach doesn't bring in a
play that we're just it's going to be man versus man.
Your faith is in us. So that's sends the message
right there, Okay, we don't want to trick you. If
you jump offside, that would be wonderful, but nevertheless, we're
ready to row. So it is kind of demoralizing, and
(05:19):
it does kind of make you think it's like, Okay,
does the coach or coaches have enough confidence in us
that we can just you know, snap the ball and
get a yard, get an into whatever it takes. And
I think that is a very very delicate situation where
you know, the guys in the locker room, even myself
back in the day. You know, you don't want to
say it, but that's how you really feel inside.
Speaker 2 (05:41):
I just that whole sequence of events on that drive,
to me, was basically the Bengals season in a nutshell.
You didn't want to go for it on fourth and inches.
Not only do you not go for it, you don't
draw the other team off sides, which was the goal,
and then you spend a time out to punt. But
(06:01):
you know, I just the whole thing. To me, I
just sit there and look, obviously not all the issues
on this team have to do with coaching, but it
was just a sequence of events.
Speaker 1 (06:12):
It said to me.
Speaker 2 (06:12):
Can you imagine a guy coming in here this weekend,
Mike Vrabel. Now, some of my people might say, well,
Rabel's never coach a team to a super Bowl, and
they would be right. The Patriots had won nine in
a row. Can you imagine Mike Vrabel saying to his
team on fourth and inches, we're not going after this thing.
Speaker 4 (06:31):
You know, to Tom, one of the biggest questions I
have to answer your question is the fact that it
seems like Zach Taylor is making more fundamental coaching errors
this particular year than he's ever had. And it makes
me wonder if by not having Joe Burrow back, there
was Joe Burrow, or does Joe Burrow eliminate a lot
(06:54):
of the mental mistakes that maybe Zack has in this
cause or an offensive coordinator has in this call, or
does he convince them we're going for this, or does
he change the play and has that authority to do it,
because it has been mind boggling to me that some
of them, you know, you and I text during the
course of the games and we're going, what the hell
are they doing?
Speaker 5 (07:13):
What?
Speaker 4 (07:13):
Some of it is just so simple and so fundamental,
and especially when you're three and six at the time,
heading the three and seven, what the hell do you
have to lose? Go for it? And this is they
coach that does go for it most of the time.
So yeah, it's some of the calls that has just
been made on the offensive side, as far as you
play calling, as far as the execution, is just absolutely
(07:35):
mind boggling.
Speaker 2 (07:36):
All right, help me with something here. I want to
get to two topics before you get out of here.
Number one, you texted to me and we both agree
this season pretty much stick a fork in it. Okay,
you're three and seven and you got seven to go.
What is the mindset for Let's say guys on defense,
(07:57):
let's start there. What's their mindset now for the final
seven games.
Speaker 4 (08:02):
Well, individually, the defense has to look at themselves in
the mirror and say, am I going to be on
this team next year? Because you saw the fans saw
a defense without their best player yesterday and you saw
they still played okay, but you do not see any
really rising stars that you can go, oh man, we
can build around that set of or that group or
(08:24):
that individual. So from an individual standpoint, the guys got
to look in the mirror and go, Okay, if I'm
going to have a job here next year, potentially as
a starter, I got to step it up. I got
to play better. We have to play better, or you know,
some hands are going to row and they start with
the defensive coordinator. But from a personnel standpoint, if I'm
one of those guys, I'm worried because right now, none
(08:46):
of them, I mean none of them are playing high
caliber football.
Speaker 2 (08:49):
Okay, let's walk through a couple of things here with
Jamar Chase.
Speaker 1 (08:53):
Have you seen a video. By the way, yes I did.
Okay your thoughts well, if I.
Speaker 4 (09:01):
Have, Jalen Ramsey, I absolutely beat Jamar Chase's ass. I mean,
playing and simple, no one spits on it. That is
the most disrespectful situation on a I won't even say
football field athletically. That is literally the worst thing you
can do is spat on somebody at that time or
you know, and then deny it. It was pretty obvious
(09:23):
and it's pretty sad, and you know it just now
when I look at that, we all make mistakes. He
made a mistake. Okay, fine, the game is super people
cannot even imagine how emotional.
Speaker 5 (09:35):
The game is.
Speaker 4 (09:35):
And sometimes you do lose your coup. I've been there,
done that several times. So yeah, I mean, can you
recover from it. Absolutely, But it is literally the worst,
most disrespectful thing a player can do to another players.
And it's sad that the poor kid got kicked out
of the game for being spit on us. And it
(09:56):
was just absolutely just the wrong thing to do.
Speaker 2 (09:58):
All right, but you played against guys that were in
the quote unquote Jalen Ramsey mold and I made the
comment earlier. Look, he's the kind of guy that if
he's on your team, you love him. If he's on
the other team, you despise him. He has been a
really good player for a long long time, but of
course oftentimes his skills and his success are overshadowed by him,
(10:22):
you know, trash talking, wanting to get inside of people's heads.
But tim isn't that sort of part of the game.
If you're a cornerback and you're gonna go every play
toe to toe with some of the game's very very
best is to try to find a way to get
him off their game.
Speaker 5 (10:40):
Oh, there's no question about that. But Tom, that starts.
Speaker 4 (10:44):
At the little league level level. You're there are people
that's talking trash and is usually describing another word with
another word. But that's something you are totally one used to,
you know that going into and not only is it,
does it exist now it becomes a motivating factor to
just shut that guy up and just give him the
(11:06):
look and talk trash back to him. So and Jamar Chase,
come on, we know I mean Jamar Chase, And it
doesn't matter if he talks trash and I do you
know the guy was playing free and the reason he
was playing safety's coming called Jamar Chase eight him alive
the last game, So you know, yeah, emotional, got emotional,
got a part of it. But you know, even though
(11:26):
the guy is known for talking, he still he was
one hell of a cornerback and probably extending his career
by actually being a hell of a safety. And that
was another phenomenal move by Mike Tomlin. But you know,
Jamar Chase, you got to keep this cool. And it happened,
and you go home and you say I'm sorry, and
you just move.
Speaker 5 (11:44):
On from me. All right.
Speaker 2 (11:45):
Last thaying, I asked you about the guys on defense.
You and I have talked about this because of the
woes of the offensive line and the defense and all
this kind of thing, Burrow getting hurt, on and on
and on and on. You know, the development of a
quote un quote third wide receiver with this franchise has
basically been nonexistent. I mean, Yoshi drops another pass yesterday.
(12:09):
We talked about focusing on Higgins and Chase. I would
imagine that if you're one of those extra receivers, Tim,
you better start getting it together like right now.
Speaker 4 (12:22):
I couldn't agree with that more because you have that
particular person, that particular position Tom has the easiest job
in the National Football League behind a backup quarterback. You
know why all the attention is going to te Higgins
and Jamar Jays. You're going to get some low level
player that's covering you. So the opportunity is going to
(12:45):
be there, and all you have to do is just
catch the ball.
Speaker 5 (12:48):
Get open, catch the ball.
Speaker 4 (12:49):
Because the quarterback knows and understand the defense is going
to rotate. They're gonna double them. Sometimes they're gonna double
both of them and just leave you on with a
safety or some like I said, some journey cornerback that
probably was working at Krogug last week. So the opportunities
are there, but no one has stepped up. And man,
if I'm in that position, I'm sitting there going there
(13:11):
will never be a chance like it was this year,
and they're probably going to replace me.
Speaker 2 (13:15):
You're spot on, all right, Tim, Thanks as always for
your time. You're the best, my friend. I hope you
have a great rest of your day and we'll catch
up next week.
Speaker 6 (13:22):
This is a Bloomberg money minute. Some of the most
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(13:44):
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(14:04):
It's part of a strategy to cope with e roading
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Tucker Bloomberg Radio.
Speaker 2 (14:25):
Alright, eight forty two on the Morning show seven undred WLW.
We do it every Monday. We call it Mondays with
Martin Hall of Famer Marty Brennan. You are back in
since and that to OHIOH is that right?
Speaker 5 (14:42):
That is correct? Got back last night?
Speaker 1 (14:44):
Did you drive back?
Speaker 5 (14:45):
Yep? Yeah, yes, okay, all right.
Speaker 1 (14:50):
Well glad you made it safe. Glad you made it safe.
Speaker 5 (14:52):
Thank you. Hey.
Speaker 2 (14:53):
I would imagine you got your plan. Well, yeah, I
made it. I thank god made it on time. It
was on time. Probably broke a few speed limit laws
along the way, but you got to do what you
got to do. I would imagine you watched the Bengals,
or maybe you didn't get to watch it you were
driving back.
Speaker 1 (15:11):
Have you seen this Jamar?
Speaker 5 (15:13):
I watched a lot of it on my phone.
Speaker 2 (15:14):
Okay, did you see the Jamar Chase video? I did
your thoughts.
Speaker 5 (15:21):
He spent on him. I felt thanks to any question
about it.
Speaker 7 (15:26):
I looked at it four or five times this morning
ahead of your call, and you can clearly see liquid
coming out of his mouth. I don't think there's any
question but that he spent on him.
Speaker 1 (15:39):
You know, we were talking with Tim again earlier. There.
Speaker 2 (15:43):
Look, there are things we can do in day to
day life. There are things you can do in the
course of a sporting event out on the field. Tim
just said a minute ago, it's without a doubt crossing
the most definitive line you can cross when you do
that to another person. I mean, it could be outside
of a bar, it could be on the football field
(16:04):
in this case with Jamar Chase, and the league's got
to come down on him, don't you agree?
Speaker 7 (16:10):
Well, I mean they came down on Jalen Carter six
seconds into the twenty and twenty five baseball season when
he spit in the face of Dak Prescott, and he
was he suspended a game in one year.
Speaker 5 (16:25):
One game salary, which.
Speaker 7 (16:27):
For him was almost fifty eight thousand dollars. So the
president that has already been set this season. I don't
see how the NFL can do anything but replicate with
Jamar Chase what they did with Jalen Carter with the
Philadelphia Eagles.
Speaker 5 (16:45):
I don't see any.
Speaker 7 (16:46):
Other And I agree with him, McGee said. And you
know what, it bothered me a lot because I've had
such an image.
Speaker 5 (16:56):
Of Jamar Chase. I thought he was better than that.
I really did.
Speaker 7 (17:03):
Now, you know, nobody anybody that agrees that he's spent
on him.
Speaker 5 (17:08):
I mean, looking at the video, I don't. I don't
think it's open to question. I'm just done that.
Speaker 7 (17:12):
Referee Bill Benovich said that they didn't see anything that
approach that level. I don't know what the heck he's
looking at, but.
Speaker 5 (17:20):
I'm just.
Speaker 7 (17:22):
You know, the Ramsy kid obviously has a track record
of being a dirty player. He's been, has had that
problem with other places he's been in the National Football League. Again,
that doesn't justify what what did occur, And so yes,
I agree the NFL has to.
Speaker 5 (17:40):
Come down on him very very hard.
Speaker 2 (17:42):
You and I started talking about this gambling situation, whether
it's baseball, and we know about the pitchers for the
Indians involved. They're going to court and they're both in big,
big trouble, staring down the barrel at years in prison
for all this. We know about the situation, it's already
occurred in the NBA, and now all of a sudden,
the league itself is going to teams and they are
(18:03):
demanding to see either it be emails or text messages
from employees.
Speaker 5 (18:11):
Cell phones.
Speaker 2 (18:11):
Yeah, cell phones and that kind of thinking phone calls.
You know, it only makes me wonder, Dad, and we
talked about it last week. But man, oh man, if
the league is going to this extent, they must feel
like they are staring down the barrel at a major
problem more than they're sitting on right now.
Speaker 7 (18:31):
Well, I think the thing that is first and foremost
in the minds of the people directly involved with this
NBA thing also have to feel the same note of
concern in all the other major sports, and this includes
collegiate football and basketball, as well as all the professional sports.
(18:53):
The almighty word that just jumps out at you from
a fan perspective is credible or the lack thereof. If
the fans of a sport are sports determined that it
is so racked with with gambling and cheating and everything
else under the sun, we don't.
Speaker 5 (19:14):
We can't.
Speaker 7 (19:14):
We can't if this sport no longer has any credibility,
We can't trust them to go out and play a
clean game if that happens. Or you talk about an
industry having a major problem, and I think that's the
thing that they're trying to stem real, real quickly and
keep this thing from getting out of hand.
Speaker 5 (19:32):
But you know what, I can't believe.
Speaker 7 (19:35):
When they stook the billions and billions of dollars that
they've taken from the gambling industry, that nobody of any
position of prominence or power didn't stop and say, wait
a minute, now, you know we do we have any
clue as to where this might take this our sport
or sports, and apparently nobody cared.
Speaker 2 (19:54):
I want to ask you if you were a high
school principle. The big story today in Ohio is that
all of the principles are part of an emergency vote
in a referendum for nil as it pertains to high
school students. And all of this is on the lawsuit
filed by the family of Jamiir Brown. He's a great
(20:16):
wide receiver up at Wayne High School up around Dayton.
He's already signed to play at Ohio State after his
high school career is over, and he's received offers for
endorsement deals of over one hundred thousand dollars. Now, these
are not schools paying these kids. These are companies that
are paying these kids. If you were a principal and
(20:36):
had to vote, how would you vote.
Speaker 5 (20:43):
A question tom, I mean, you know.
Speaker 7 (20:47):
I would I mean from an idealistic standpoint, I would
vote no.
Speaker 5 (20:51):
Idealistically because that's where you want.
Speaker 7 (20:54):
All this to continue to be pure and playing for
the love of the game and loyal to the end
of the world that no longer is in place in
collegiate football and basketball and all the other sports.
Speaker 5 (21:09):
They're paying these guys.
Speaker 7 (21:11):
But if you vote no and all the rest of
you guys vote yes, it's going to be there whether
or not you vote yes or no.
Speaker 5 (21:18):
Anyway, I gotta believe that. Well, when did the vote
is this week?
Speaker 2 (21:23):
Yeah, they're going to get I guess there's eight or
nine hundred principles and so forth. And you know, those
on the pro side are saying, way now, there's already
like twenty eight states, including all the other big ones
like Ohio, that have this kind of thing. It's not
a case where the schools are paying them, unlike the
college game. You know, I'd be like some kid out
your Wayne Anderson who you know, Joe blows bar and
(21:45):
Grill wants to pay this kid money for an nil deal,
and so they pay them money.
Speaker 7 (21:51):
Yeah right, Well, then again, then again you have to
ask your question. If they vote yes and this thing
goes into effect, are you going to see the same
wild transfers in high school football and basketball that you
do in the end in the NCAA where university number
(22:15):
four pays a guy, a number one pays of guy,
you know, three hundred thousand dollars a year, and University
number two wants to get him to jump and they'll
pay him six hundred thousand. Are you going to see
that type of movement among high school players that you're
seeing in the college rights today? I mean, just voting
yes or no. Voting yes they put it into place
(22:37):
is just a tip of the iceberg, and then you
have wild movement among players. I'm just not a fan,
and I understand, in its infinite lack of wisdom, the
NCAA to begin was the most worthless.
Speaker 5 (22:54):
Organization that God ever put on this earth.
Speaker 7 (22:57):
They do not do one good thing unless they're backed
up against a wall.
Speaker 5 (23:02):
And they have to do it.
Speaker 7 (23:03):
It'd be interesting to see where this whole thing could
have gone, way back when that kid from UCLA took
it to court and the court finally, after a number
of years, said yes, you should be paid for what.
Speaker 5 (23:15):
You do at a school. And that's how the NIL
came into existence. The NCAA thought they were going to win.
Speaker 7 (23:22):
They were arrogant about it, and they figured, we can
win this thing. We're not going to settle. Had they
gone to the table and settle, it might not be
as bad as it is today might have been, but
it might not have been.
Speaker 1 (23:33):
All Right, all.
Speaker 2 (23:34):
Right, I got to tell you, I'm convinced the more
and more time goes by, and I was with you
on most of this, but the more and more I
do games at places of schools in the NCAA. Let's say,
wait for us, for example, I had them over the weekend.
They're seven and three this year. They're having a great year.
Are they going to play in the college football playoffs?
Speaker 1 (23:55):
No, they're not.
Speaker 2 (23:55):
But do I think that NIL has been good for
more than just the big boys. I do, because I
think they're getting some kids that aren't playing at other
places to come to their school. And these kids want
a chance to play pro football, in this case one day,
and they're getting a chance to finally play instead of
just riding in the bench at Ohio State or Alabama
(24:15):
or Georgia or wherever.
Speaker 5 (24:19):
No, I don't.
Speaker 7 (24:20):
Disagree with that, but I think you had kids moving
way before the NIO came. Tak Joe Burrow, who's the
best example on God's Earth. You know, he left Ohio
State and went to LSU, and we all know what
happened there.
Speaker 5 (24:32):
So it's just not just because of the.
Speaker 7 (24:34):
Nil it's more prevalent obviously because money's involved. But then
I don't disagree with what you say, but you have
kids that slip through the cracks all the time. They're
coming out of high school. We're not good enough to
play at a high Division I school, and all of
a sudden, the maturity sets in and they've become the
player after a year or so that they weren't coming out.
Speaker 5 (24:56):
Of high school. And I agree. I think wake For
is a great example of they've had a very, very
good year. We'll go to a bowl game.
Speaker 7 (25:03):
Definitely not in the playoff, but they certainly had a
nice year, along with a lot of other schools of
that type.
Speaker 2 (25:08):
Yep, all right, I hope you have a great rest
of your day. Thanks as always for the time, Dad,
love you. I hope you have a great
Speaker 5 (25:13):
Day, all right, Bude, and enjoy it, Okay,