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October 29, 2025 • 43 mins
Wednesday 10/29/25 Hour 1.
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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Giggity gaety, giggey goo. This is not headline news.

Speaker 2 (00:09):
Seventy year old Kelsey Grammer just became the father of
a baby boy. Reportedly, he doesn't look forward to changing
diapers his.

Speaker 1 (00:18):
Or the babies.

Speaker 2 (00:20):
A man at a Florida target was arrested for smashing
eighty pumpkins, and his favorite band is towed the wet Sprocket.
Millions of Americans are about to lose their food stamp benefits,
which means you'll see a lot of adults trigger treating
Friday night. Amazon plans to lay off up to thirty

(00:41):
thousand corporate workers. On the bright side, everything they had
left on their desks will be sent home via free shipping.
And Jamaica has been hit hard by Hurricane Melissa. Winds
were so strong residents had trouble lighting their joints.

Speaker 3 (00:58):
This is not headline news.

Speaker 4 (01:00):
Screw up, wake up, cry the cup jo.

Speaker 5 (01:15):
It's starlic cawsdrinks.

Speaker 4 (01:20):
Cannot join the real crool? What word.

Speaker 5 (01:28):
Can I tell you?

Speaker 6 (01:30):
Not?

Speaker 4 (01:30):
Anything? Thank you? Nothing?

Speaker 7 (01:34):
No.

Speaker 4 (01:35):
This is an cal slid caw slid cat.

Speaker 5 (01:47):
Sally cows.

Speaker 1 (01:52):
Sali cows on this present crisis. Government is not the
solution to our problem.

Speaker 3 (02:04):
Government is the problem.

Speaker 8 (02:08):
This is Charlotte County Speaks. Your chance to let your
voice be heard on local, state, and national its ues
and now broadcasting live from a dumpy little warehouse behind
a taco bell. The host of Charlotte County Speaks, Ken Lovejoy.

Speaker 1 (02:33):
News Radio fifteen eighty one hundred point nine FM, WCCF
Radio dot com and the iHeartRadio app. Charlotte County Speaks
on the air hump Day Wednesday. I'm Ken Lovejoy very
much appreciates you tuning in. Phone lines are open, whatever
you want to talk about. Nine four one two zero
six fifteen eighty, toll free eight eight eight four four

(02:54):
one fifteen eighty. The email address CEC speaks at live
dot com. Head to our homepage of the app to
the podcast section. Catch up on any show that you
might have missed. Coming up November eighth, No excuse me
November fifteenth, with sign in at eight am. It's Paddle

(03:16):
for a Purpose. It's a pickleball tournament and food drive,
and it's coming up at Tringali Park Rec Center out
on Access Road in Inglewood. Five dollars per player and
for every shelf for every shelf stable food item, donated,

(03:38):
you get like a little raffle ticket which can win
you all kinds of prizes later on. And most items
of food that they need or can vegetables and fruit,
box stuffing mix, instant mashed potatoes, can gravy or gravy packets,
and what else cranberry sauce, can super chili, can tuna

(04:03):
or chicken. They need all that stuff. So if you
could check if you're into the pickleball, you get your
kids together and head on out there on the eighth
of this month, all right, and uh, you're gonna help
a lot of people too. Well, it's that time of

(04:24):
the year, you know, can food drives. Turkey seems to
be still available, but very pricey. So you got that
going for you. And we've got the air show coming up.
And Steve just called the wrong number. He called my
cell phone, not the studio line. We're gonna get a

(04:47):
little update here from Steve library here in just a
minute on the upcoming air show this weekend. In the meantime,
waiting on Steve, did you catch your keyword? It was

(05:08):
let's see what was the keyword? I'm not eligible, so
I really don't pay that much attention I'm just trying
to help you out. Grand keyword was grand. So text
that word to where it's supposed to go and you
could have one thousand dollars a big beautiful bills in
your hands, perfect time for the holidays, Steve, what's going on?

Speaker 7 (05:31):
Hey, Ken? Thanks for taking my call.

Speaker 9 (05:33):
Well, as you know.

Speaker 7 (05:35):
We're just a few days away from the twenty twenty
five Florida International Air Show. Let me give you some updates. Okay,
got a minute?

Speaker 1 (05:44):
Yeah, no, I go for it.

Speaker 7 (05:46):
Okay, right now, the air show red caps are out,
Tents are going up, huge tents, lots of sheale tents.
The entire air show grounds are being transformed into the
air Show four this weekend. Gates open at nine am,

(06:06):
performers opening ceremonies at noon, and then twelve thirty to
five kicks off with the air show on Saturday, same
show on Sunday. General admission tickets are only ones available
at Florida Airshow dot com. Now let's hit it right on,
and that is are the Blue Angels and the F

(06:30):
sixteen Viper demo team coming to our air show. And
I can tell you, as of this very moment, we
have not heard that they're not coming, So that's the
best information I have. We haven't heard that they are
not coming, and as soon as we find out their

(06:51):
status because of the government shutdown, then we will relay that.
Of course social media and then media throughout southwest Florida.
It's unfortunate that this situation is going on. Yeah, I
will tell you that. One final comment on that they
have all military jet teams for air shows have not

(07:14):
participated since the shutdown started, what twenty nine days ago?

Speaker 1 (07:19):
Yeah, it affected a number of air shows too.

Speaker 7 (07:23):
Oh. Yes, Jacksonville, one of the largest in Florida with
the Blue Angels, was affected last weekend and they did
not get their announcement on that until Friday nights. So
you can see that working with the Blue Angels, the
publicity of pilots and so forth, they actually have a

(07:46):
whole division. They're waiting to find out what's going to happen,
because you do not want to cancel prematurely and then
you know the government opens back up and now your toes.
I will say, lots of misinformation on social media. Surprised,

(08:07):
but we have not heard yet, and as soon as
we hear, as we get closer, we will let the publish.

Speaker 1 (08:12):
Know, all right, excellent, well't we thank you for your time.
But of course there's still a lot of great stuff
out there at the air show even without the blue.

Speaker 7 (08:21):
Well yeah, if I could run through that real quickly
for it. Because we've been on we knew that, you know,
something may happen. So what we did we went ahead
and con fracted with civilian jet teams. Randy Ball the
mid seventeen. He's bringing in two. They're loud, fast, big

(08:42):
and fun. We have Matt Youngkan Matt has a twin
Beach eighteen that does barrel rolls, tremendous amount of smoke,
great performance. We have Doug Lytton, Aaron de lou he's
from Australia. We'll be there. We have the Shooters Jump Team,

(09:03):
and we have Warbirds Thunder which two warbirds that do aerobatics.
So we are going ahead with the air show. The
air show is a go, regardless of the military jet teams,
which we have not heard yet, and so it's gonna
still be a great air show. We've got vendors, we

(09:24):
have the stem Pavilion sponsors, we have all kinds of
great stuff. We've got a band, a country band, that
we're going to have in between acts, so it's still
gonna be a good air show and I appreciate the
opportunity to share that with your listeners.

Speaker 1 (09:39):
Well, thank you very much for the time, and again
we appreciate you calling in and we'll stand by for
any further updates. So look forward to seeing you this weekend.

Speaker 7 (09:49):
All right, Thanks, Ken, have a good day you.

Speaker 1 (09:51):
Too, Steve Liberry, Ladies and gentlemen, Florida International Air Show. Yeah,
you know, and it's just because last year, you know,
we got it canceled last year because them pesky little
hurricanes and now the Democrats once again forcing people to
starve and ruining air shows. Very sad deal, and that's

(10:16):
probably why. The Republican Party of Florida announced yesterday that
its voter registration advantage over the Democrats has surpassed one
point four million voters, evidence that the conservative agenda is

(10:36):
resonating with the electorate. The Florida GOP celebrated the record
lead in a post on socials yesterday, saying the state
now has one million, four hundred thousand, five hundred and
forty three more registered Republicans than Democrats. Quote. Voters have
rejected the left's failed agenda and thrived under strong conservative leadership,
the party stated, adding that the goal is to keep

(10:58):
Florida the free state in the nation. So we got
that going for us. Huh are you listening to me?

Speaker 8 (11:10):
Hey, guys that just push buttons all day, they have
no chemistry at all.

Speaker 4 (11:14):
The cycle of jerks has to end.

Speaker 1 (11:16):
You seriously should run with this.

Speaker 10 (11:17):
Is this saying anything, Let's go ahead, test station, Let's
go the bit they haven't picked.

Speaker 4 (11:20):
I don't understand where you just said.

Speaker 1 (11:22):
We'll be right back with Charlotte County Speaks News Radio
fifteen eighty WCCF.

Speaker 6 (11:30):
You want pathetic and sad, I'll give you pathetic and sad.
Another reason why I'm glad I left the Republican Party
years and years and years ago. They want to now
strip zorn mom Damie of citizenship and possibly deport him.
You know, I've seen this movie before. Everybody, remember I
let just look for Obama's birth certificate and again, at

(11:53):
that point in time, it's like, are you kidding me? Well,
why don't you concern yourself with the fact that the
guy ran and on nothing and he's still won. Why
why don't you sing yourself with the fact that you've
got a socialist communists forget about it, that might win
as mayor in New York. What does that that said?

(12:14):
You want to find some sort of bloody loophole to
get rid of the guy. You don't think that might
empower him and his cause to a greater degree. Again,
I give you Republicans, pathetic and sad watchdog on Wall
Street dot Com.

Speaker 9 (12:33):
Just think about it?

Speaker 4 (12:52):
Would use.

Speaker 9 (12:54):
From all around me to win Lesbyville and big make
life is overwhelming?

Speaker 11 (13:00):
Heavy?

Speaker 4 (13:00):
Is that wears the ground?

Speaker 1 (13:02):
And I love to be the one.

Speaker 9 (13:04):
Two is appoint you when I don't follow down?

Speaker 12 (13:08):
Understand when I'm attempting to explain, because you know it
all and I guess things will never change.

Speaker 11 (13:16):
Would you mind him well pulling?

Speaker 9 (13:19):
And you if this position you now remember when I'll
lasting go you.

Speaker 4 (13:28):
In me Where.

Speaker 1 (13:44):
News Radio fifteen eighty one hundred point nine F m
w c C F Charlotte County speaks on a Homeiday Wednesday,
just about nine twenty six. Phone lines open at nine
four one two zero six fifteen eighty toll free eight
eight eight four four one fifteen point eighty while the
shutdown is still going and Rick Scott. Senator Rick Scott.

(14:11):
Fewmany is Senator Scott's calling out DC hypocrisy, blasting Democrats
for voting to block pay for federal law enforcement and
government employees while continuing to cash their own taxpayer funded
paychecks during the ongoing Schumer shutdown. Scott wrote on Monday
in response to a post by FBI Director Cash Battel,

(14:35):
saying that cash is spot on. Democrats have voted time
and time again to withhold pay for federal law enforcement
and employees while cashing their own paychecks. We need to
pass my no Budget, No Pay Act to hold Dems
accountable for passing a budget or foregoing their own paycheck. Yeah,
why do these rap bastards still get paid? Over to

(14:58):
Senator Scott.

Speaker 10 (14:59):
If you didn't do your job in business, you didn't
get paid. You don't show up and do your job,
you don't get paid. Why are we getting paid? We
shouldn't get paid if we don't do our job. We
figured we need to figure out how to work together
to get our budgets done. It's as simple as that.
So you're going to offer legislation to not get paid
during lockdown?

Speaker 1 (15:14):
During shutdowns?

Speaker 10 (15:15):
Absolutely, I already have a bill. We've got a bill
that we don't get paid during the shutdown. Ron Johnson's
got a bill that will never have shutdowns that should
pass also. But on top of that, what are the
Democrats doing? This is a clean resolution. All we're doing
is is keeping the funding. Actually the funding is too high,
it's still Biden funding. But I don't want to shut

(15:36):
down government, so I supported. But the Democrats that they
they want to shutdown for whatever reason. How is this
good for the country. Nobody wins with a shutdown.

Speaker 1 (15:45):
That's true. Nobody's winning. We're not winning here. Huh. But
mark Kowski here again whining with only partial bits of
the story. Yeah, there is a question they are trying
to They're not only trying to do get the citizenship

(16:07):
of Zoron rescinded, but also elon Omar, because these people
lied to get into the country. So, under Markowski's opinion,
it's just a waste of time to go after people
who've actually broken the law. Under Markowski's opinion, it's just Yeah,

(16:31):
that ship's already sailed, so why are you going after him? Well,
he's actually broken laws. Actually, this skinny little went Mondami
recorded a rap song in twenty seventeen titled Salaam, and

(16:55):
in the track he praises the Holy Land Five, leaders
of the Holy Land Foundation, who were convicted in two
thousand and eight of funneling over twelve million dollars to
hamas a designated terrorist organization. His lyrics were direct, free
the Holy Land five, my love to the Holyland five,
my guys. And you call him a communist, He's a

(17:18):
radical Muslim. Hamas of course, carried out the October seventh
slaughter of israelis Mondami's declaration came just a year after
he took his oath of allegiance to the United States,
and it was noted when applying for citizenship, applicants must
disclose any affiliations or support for organizations that threaten US security.

(17:41):
Concealing such ties, if proven, would constitute a direct violation
of federal law.

Speaker 4 (17:55):
Just is.

Speaker 7 (17:58):
In.

Speaker 1 (17:58):
Congressman Andy Ogles is onto this and has been sent
a letter to the DOJ, and in his letter, he
notes that the naturalization process depends on a good faith
disclosure of any affiliation with or support four groups that
threaten US national security. He stressed that glorifying convicted hamas

(18:21):
financers is my guys, was not mere free speech, but
a legitimate basis for inquiry into whether the candidate withheld
relevant information from federal authorities. Congressman also pointed out Mandani's
refusal to disavow the slog slogan globalize the Indefada and
that phrase popularized by alleged Palestinians more Arab activist circles

(18:45):
calls for expect because I don't believe there is There
are no Palestinians, there is no Palestine. Get over it.
Yasser Arafat created that term to try and give them
legitimacy back in the sixties. Sorry, ain't flying. They're no
different than the Jordanians a few miles away. So I

(19:10):
agree globalized the Intifana is calling for violent anti Israel
uprisings around the world, including in the United States. Now
to ogels, this pattern of an expression reflects more than rhetoric.
It suggests a worldview incompatible with American allegiance. And the
legal argument for denaturalization rests on whether Mondamie knowingly concealed material.

(19:35):
Yes he did, he lied. He's a liar, He's a
Muslim and a democrat. They lie. Courts have long held
that if citizenship was obtained through fraud or deliberate omission.
It can be revoked even years later, and the DOJ
does have the authority to pursue such cases where there
is credible evidence of deception. And Ogles was careful to

(19:59):
anticipate actions about free speech. He acknowledged that the First
Amendment protects artistic expression, but emphasized that speech suggesting illegal
conduct or the concealment of materials support for terrorism warrants
a little bit of scrutiny. Simply put, if an individual's
words reasonably imply conduct that would have been disqualifying for citizenship,
the government has every right to investigate. In a public

(20:23):
statement accompanying his letter, Congressman, Ogles described Mandani as an
anti Semitic, socialist, communist, radical, and Muslim who rises to
obvious radical Muslim He's calling for the global intefado, who's
rise to prominence in New York politics represents a direct

(20:43):
threat to American values. True, he called for denaturalization and deportation.
If the allegation proves true, it would, But again, where's
it going to go to trial at New York? What
do you think's going to happen there? Nothing? So does
that mean that we shouldn't just because it's in New York.

(21:06):
Does that mean we shouldn't try and prosecute him. Does
that mean that we shouldn't hold him accountable for a
federal law violation of a guy who's probably gonna win
the marror and then destroy New York City? Yeah, Markowski,
really grow up. I'm just I'm growing really tired of him.

(21:28):
The dude's just been a whiner. I mean just there's
nothing positive that's been coming out of his mouth for
several months.

Speaker 4 (21:40):
Yeah.

Speaker 1 (21:41):
I used to like the guy. I'm the one who
put his minutes on the show. They didn't just show
up here. I did it. So I can take him
off too, but I won't. I'll let him bury himself
two six, fifteen eighty, toll Free eight eight eight four
four one, fifteen eighty. Speaking of hurrying yourself. Oh my god,

(22:02):
did you.

Speaker 8 (22:03):
See this.

Speaker 1 (22:05):
Mike Donlin testimony. He was one of Biden's top aides
and he's getting grilled, not really grilled, just getting questioned
over Biden's cognitive decline. Oversight Committee. House Oversight Committee yesterday

(22:28):
released a video interview with the top Biden aid, essentially
admitting that he was incentivized to cover up Biden's cognitive
decline because he was promised a massive payday for a
twenty twenty four White House win Oversight Committee, chaired by
James Comer, opened an investigation into the autopen scandal earlier
this year and subpoenaed several Biden aids for documents. In testimony,

(22:50):
the committee called in several Biden aids as part of
its investigation into Joe's obvious cognitive decline. Top Biden made
Mike Donlin told the House Oversight Committee over the summer
that he was promised a four million dollar bonus if
Biden won the election. And this is two minutes, two

(23:12):
minutes here, two minutes and four seconds. You got to
see the video. You can hear it just in the
silence as he's searching for something to say because he
doesn't want to admit it. The body language, the arms crossed,
the look on his face is it's just classic squirming.

Speaker 13 (23:32):
Just to be clear, with the amount of pay you
received for your role in the campaign, would that of
change depending on how far into the race President Biden
made it?

Speaker 14 (23:55):
My sense is that that uh, the in in my view,

(24:20):
the the the money was that the there was a
guarantee of the campaign that we'd had a negotiation, and
that's my memory.

Speaker 1 (24:40):
Of the agreement.

Speaker 12 (24:45):
Did you ever seved a a bonus depending on the
way the campaign lent? Was that a possibility.

Speaker 1 (25:05):
How the campaign went?

Speaker 12 (25:07):
Were there any circumstances in which he would have received
a bonus?

Speaker 4 (25:13):
Yes, it was.

Speaker 12 (25:14):
What were those circumstances.

Speaker 14 (25:16):
That Joe Biden would have been reelected?

Speaker 1 (25:20):
President? Eyesaids?

Speaker 12 (25:22):
What was what would the bonus of been?

Speaker 14 (25:29):
I believe it would have been four million dollars.

Speaker 12 (25:33):
In addition to the four million dollars.

Speaker 1 (25:34):
That you were already paid. Yes, just squirming, didn't want
to answer, searching for ways to answer four million. He
would have got a four million dollar bonus had Biden
won the election, and uh, you got to go look

(25:55):
at the video you find out the Gateway pundit. But
he did not want He was just worman, very distraught
over having to answer these questions, honestly two six fifteen
eighty toll free eight eight eight four four one fifteen eighty.
House Oversight Committee also released one hundred page report on

(26:15):
Joe's auto pen and requested that the DOJ open an
investigation of all executive actions. I mean they should. We
know how that deal went, the pardons that never should
have been, so we'll see how that goes over to Canada.

(26:40):
Who man, if you've been following along with the US
Canada trade positioning, the current status of conflict between Trump
and Canada not really surprising. But some people have construed
the bilateral bilateral preference of President Trump to be the
nation of globalism in favor of nationalism and trade agreements,

(27:04):
and that might seem like the deal, but really what
Trump is doing is it's not the specific objective, but
he's focusing on interests in trade that benefit each party
involved in the trade agreement, which is why I think

(27:26):
he's been so successful at it. I mean, the trade
agreements that he's put together not only benefits America and
America's economy and American citizens and American jobs, but it
also benefits the country with which we have this trade
agreement with. Now, the USMCA is going to be dead

(27:48):
next year. It's up for renegotiation, but it's going to
be dead because Trump wants out of it. He doesn't
want trilateral trade agreements with a bunch of different countries
Canada and Mexico. The same agreement, he's doing a separate
one with Canada. He wants a separate one or separate
one with Mexico. He wants a separate trade deal with Canada. So,

(28:11):
as a result, USMCA or the CU SMCA as is
set in Canada is not in alignment with a bilateral
free trade agreement. And the conflicted differences between trade with
Mexico and trade with Canadada are an outcome of this dynamic.
So the solution is simply to eliminate the multilateral in

(28:31):
favor of a bilateral approach. And this is what Trump
has expressed. The USMCA covers approximately sixty percent of US
Canada trade and the remaining forty percent is being debated
and argued, and Trump would prefer just a deal with
one hundred percent of the trade sectors in one free
trade agreement. Hence his ambivalence. So he's just waiting around.

(28:54):
You don't want to negotiate, Fine, let's wait all next
year when the USMCA comes up dead and you're going
to have to negotiate something. And that seems to be
the status. President Trump's pulling back completely from discussions with Canada.
While various provincial premiers and Prime Minister Mark Carney antagonize

(29:16):
over the issue, and Sunday says over the Conservative Treehouse,
at a certain point when the entire national economic plan
of Canada is based on Donald Trump, bad and all
political messaging internally is to proclaim that they have no
alternative policy positions, which they apparently don't. The Canadians might
not realize it, but they're confirming complete and total dependency

(29:40):
on the nation that Donald Trump represents, which is US.
As the Canadian government continues demanding President Trump pay attention
to their needs, the US Ambassador to Canada, Pete Hoakstra,
informs Carney's administration and various stakeholders any trade agreement is
just no law longer possible. Canada is trying to force

(30:04):
President Trump to give them preference in a similar way
the EU demanded special trade privileges, and President Trump is
trying to end the Canadian one way benefits towards the
US market. So he's over in Asia right now, gathering
up bilateral trade deals with various countries all across the
Asian network, and the bigger strategy of Trump, it's very

(30:27):
clear now reduced dependency on China by retracting all of
the manufacturing dependency, and all of the surrounding nations in
Asia stand to benefit from this approach through bilateral free
trade agreements with US. Beijing's influence is being seriously diminished
as the lead up to President Trump sitting down with

(30:47):
Chairman Z coming up tomorrow. So inside China and throughout
the Chinese Communist Party, there's indications that they're recognizing how
successful Trump has been at working around their influence, and
some outside observers have even started to believe the moderates
within China feel empowered over the hardliners represented by Chairman Zees.

(31:11):
There's a lot, a ton of stuff going on behind
the scenes, so this is going to be fun to watch.
But Canada acting the way they are isn't doing Canada
any good at all. They need to maybe lighting up
and just get ready for what's coming.

Speaker 7 (31:28):
He's an idiot.

Speaker 3 (31:29):
Parents are probably idiots too.

Speaker 1 (31:31):
Ken Lovejoy and Charlotte County Speaks. Will be right back
on news Radio fifteen to eighty WCCF.

Speaker 3 (31:40):
Fact of life.

Speaker 15 (31:41):
Fact of life, Flying on an airplane makes you gassy.
Nobody ever talks about this, Nobody ever acknowledges this. We
just take our role around suitcase and walk the baggage plane, popping.

Speaker 1 (31:52):
Them off like a trail horse.

Speaker 8 (32:00):
Fact of life.

Speaker 15 (32:01):
Women always have more questions than men have answers to
great example, about six months ago, I got a text
one day, text said please pray for tom he was
in a bad wreck. I go through the house, find
my wife. I said, hey, I just got a text
said please pray for tom he was in a bad wreck.
She said, was he driving? I said, I don't know.
I just got a text said please pray for Tommy
was in a bad wreck. She said, we're carolling the
kids in the car with him. I said, I don't know.

(32:22):
I just got text said please pray for Tommy.

Speaker 3 (32:24):
Was in a bad wreck. Where the people in the
other car hurt? I don't know. I just got text
said Tommy he was in a bad wreck. Did they
even have insurance? I don't know.

Speaker 15 (32:31):
I just got a text said please pray for tom
he was in a bad wreck. What hospital did they
take him to?

Speaker 3 (32:36):
I don't know. I just got text said please pray
for Tommy was in a bad wreck. She said, you
don't know anything. What do you know? I said, I know,
you need to pray for Tom. I just got a
text said he was in.

Speaker 1 (32:44):
A bad wreck.

Speaker 3 (32:45):
You guys have been great. God guy, I said, thank
you lost me.

Speaker 4 (32:51):
Didn't need to start rescott all the desk, the.

Speaker 11 (33:04):
Magic boy, It's gonna come to s There was a
girl like me.

Speaker 4 (33:22):
There was a boy like you.

Speaker 5 (33:28):
She made a sing like girl who was feeling.

Speaker 1 (33:41):
You.

Speaker 5 (33:41):
Tell me that you want it, tell me that you
need it. No, you can't have it, So get your
head down.

Speaker 1 (34:04):
News Radio fifteen eighty one hundred point nine FM WCCF
Humpday and Wednesday here at Charlotte County Speaks. Nine point
fifty is the time phone lines open at nine four
one two zero six fifteen point eighty California. Wow, same
thing in Illinois, but California seems to be a little

(34:24):
bit worse. Here the California Public Employees retirement system for
state employees lost seventy one percent of a four hundred
and sixty eight million dollar private equity investment into clean
energy OUCH. Because calper's pension benefits are only seventy nine

(34:48):
percent funded, the California taxpayer in the state government got
to make up the other twenty one percent, and with
a high pension shortfall, of one hundred and eighty billion dollars.
Helper's investment strategies into private equity have come under scrutiny
for the Center Square CalPERS committed four hundred and sixty

(35:09):
five million dollars to the private equity CalPERS Clean Energy
and Technology Fund in two thousand and seven, ultimately paying
in four hundred sixty eight thousy four hundred twenty three
eight hundred fourteen dollars, and since then, the cash out
and remaining investment value of the investment fund has declined

(35:32):
to one hundred and thirty eight million from four hundred
sixty eight million as of March of this year, and
that's a loss of seventy one percent, or more than
three hundred thirty million dollars, for which private equity firms
were paid at least twenty two million in fees and costs.
So for the twenty twenty four to twenty five fiscal year,

(35:53):
Calper's overall return stood at eleven point six percent, with
private equity returns at fourteen point three percent and public
equity returns totaling sixteen point eight. Mark Joff, public finance
expert visiting fellow at California Policy Center questioned why CalPERS
has placed a significant amount of money into far riskier

(36:15):
and more costly private equity investments when returns were nearly
equal to public equity investments returns were similar, So why
go through all the trouble if you can get these
kinds of returns on the public markets, why bother with
all the complexities and the ill illiquidity involved in private equity.
He noted a seventy one percent loss in the CETF

(36:38):
investment exemplified combined dangers of private equity and ESG investment,
where in a very opaque investment choice appears to have
been chosen because of its green credentials, and yet it's
now generated a huge loss for taxpayers and retirees.

Speaker 7 (36:56):
Now.

Speaker 1 (36:57):
The spokesman for CalPERS blamed the seventy one percent loss
on prior management. Wow, that's huge, and it's not it's not.
I don't know if it's that bad, but it's just
it's about the same in Illinois, very underfunded for their

(37:18):
public pension funds, and who are they going to come
to when they got to start handing out those checks.
The other citizens of California who aren't getting retirement benefits
from that organization. They just jack up the taxes on

(37:38):
everybody else to pay for that, or come to the
federal government for a federal bailout. What's new twoh six
fifteen eighty toll free eight eight four four one fifteen eighty.
Huh I well, yeah, I almost hope the uh almost

(38:00):
hope the aliens show up today. Uh thirty if oh,
here we go Florida man thirty years ago. One of
the biggest bands in America was the Smashing Pumpkins, and
now a guy is arrested for doing just that. Thirty
one year old Florida man Aaron Thompson destroyed about eighty

(38:23):
pumpkins outside of a target. The Smash pumpkins total about
five hundred bucks please say. Security camera caught him picking
pumpkins out of the boxes located in the front of
the store and smashing them on the ground. Happened in
the middle of the night about one point fifteen am.
Aaron was caught when he returned to the target a

(38:43):
few days later while they were open. Lost prevention officers
pulled him aside, showed him the footage of the pumpkins smashing,
and asked him if he knew who it was. He responded, quote, well,
that that's me. Cops were called charged with a tell
any criminal mischief. Asked why he did it, said he

(39:04):
was blowing off steam because someone was messing with him
on Facebook. Oh he's got a mug shot here. We
got to look at the mug shot. Yep, just what
you would think. Why take it out on the pumpkins?

(39:26):
Who knows? Two six fifteen eighty toll free eight eight
eight four four one fifteen eighty. Hey, if you didn't know,
the very first Nirvana record that was ever played on
the radio is a if can you?

Speaker 7 (39:45):
Can?

Speaker 4 (39:46):
You name it?

Speaker 1 (39:46):
You probably can't because you you weren't around. This happened
in Seattle, years and years ago. Uh it was it
was love Buzz. It was their nineteen eighty eight cover
of a twenty year old song by a Dutch band
called Shocking Blue, and a guy named Scott Vanderpool sub
Pop Records got a test pressing as soon as it

(40:07):
arrived in the mail, and he turned around and played
it on his Seattle radio show. And that very same
seven inch vinyl test pressing is on the auction block
as we speak, and as of last night, the bidding
was up to eighty five one hundred dollars and love

(40:32):
Buzz was on Nirvana's nineteen eighty nine album Bleach So
Auction Block. Let's see it us last checked, it was
at eighty five hundred. It's still still riding at eighty
five hundred. Yeah, we'll see what it finally goes for.

(40:52):
That's not too bad. Eighty five hundred bucks huh two
six fifteen eighty toll free eight eight eight four four
one fifth fifteen eighty Pallenteer has teamed up with Nvidia
to deploy advanced autonomous computing into the integrated AI infrastructure.

(41:18):
And what does that mean. Well, the technical terms for
the partnership between the world's most advanced microchip company and
computing of Nvidia joined with joining with Palenteer Software systems

(41:41):
all kinds of cloud and linguistic outcomes. Here. The non
technical terms to describe the predictable outcome would be America
is now prepared to launch the most comprehensive technological surveillance
system in the world. Yes, in Vidia systems are being

(42:01):
purchased by every sector of the economy for manufacturing, law enforcement, transportation, logistics.
Palenteer Software combines with Nvidia and meshes. All of the
six get data flows into seamless systems of integration that
enables super fast gateway doors to open. Pallenteer, of course,
used to track down j six people that were at

(42:28):
the January sixth rally. So hey, nothing to see here,
move along. It's just going to be a total surveillance
state here pretty soon. But don't worry.

Speaker 4 (42:39):
Don't worry.

Speaker 1 (42:40):
The good guys are in charge until they aren't. Fake
news radio update on the way, We'll be back. W

(43:26):
c c F hunta Gordon, Sharta County's only news talk
radio station, serving you around the clock.

Speaker 8 (43:35):
Sh
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