(KMN) 9.17: Money Mess - Hour 2

Episode Transcript

Speaker 1 (00:00):
I appreciate you, John Alden, because I know you played
that song knowing there was a saxophone in there.

Speaker 2 (00:05):
For me, that's Ryan. We love the sacks.

Speaker 1 (00:07):
Has a saxophone ever been added to any song and
anybody complained?

Speaker 2 (00:12):
It can only only enhance the vibe.

Speaker 1 (00:15):
It is an ultimate enhancement and I love it.

Speaker 2 (00:18):
Good stuff.

Speaker 1 (00:18):
It's six oh five here at Kentucky this morning, news
coffee and company with you here on news Radio eight
forty WHAS take us with.

Speaker 2 (00:24):
You wherever you go.

Speaker 1 (00:25):
Listen live on the iHeartRadio app. Also listened live at
WHAS dot com. We do have an accident on I
two sixty four East that is approaching Breckinridge Lane. This
happened it looks like just within the last ten minutes
or so. As there are two vehicles involved, and you've
got the left shoulder is currently blocked, so that that

(00:46):
is the that's the first crash I'm seeing this morning.
Also another one I sixty four East approaching Hirstborn Parkway
at mal marker thirteen thirteen point six. So that's the
left shoulder that is blocked there with a single vehicle accident.
So from what I can tell, not a whole lot
of delays just yet, but obviously as more and more
people get up and get out there, that could change.
But Bobby Ellis will get us an update here in

(01:07):
just a few minutes. Also, we'll have another update on
the forecast.

Speaker 2 (01:10):
All right.

Speaker 1 (01:11):
So this is something that we talked about a few
weeks ago. The brand that is Firefest was up for
sale on eBay, and if you don't know what Firefest is,
it's not worth getting into it entirely. But think of
a music festival that got all the attention, all the buzz,
all the hype, only for it to be a complete

(01:32):
sham and nobody seemed to know. It's almost like George
Kastanza type stuff. Billy what's his name, the guy Billy McFarland.
Like Billy McFarland, he had some George Costanza in him
to where it's not a lie if you believe it,
meaning everything about the event was not real as far
as just resources what it was, but he fully went

(01:53):
through it, so much so to go to the Bahamas
where this festival was allegedly going to take place, so
like he's still operating as if it's real, when in
fact he knew none of that he was aware that
none of it was, but he couldn't accept it. So
it's it's a real There's a documentary that's on Netflix
and one on Hulu that that profile just the whole thing.
It's really really fascinating. So he ended up going to

(02:14):
prison and got out and he put up the basically
the rights the brand that is Fire Festival up for
auction on eBay to see if anybody would buy it.
And I remember, I mean, if you didn't have interest,
if it totally makes sense. But I tried to look
at it from a different perspective and that this is
a known thing because of how big of a bleep
show that it was, and it's it's in culture. It's

(02:36):
a known thing, especially with people around that age that
would have been interested in going to something like that.
I remember watching it play out in real time on
social media when people were Woul would would share pictures
and videos of people at the airport there in the Bahamas.

Speaker 2 (02:50):
It was a complete mess.

Speaker 1 (02:52):
So if you can get it for a decent price
and you have the money to kind of blow because
it may not work out at all, you're buying something
that some people would invest millions of dollars in.

Speaker 2 (03:04):
Just to get the awareness of what it is. You
don't have to do that here.

Speaker 1 (03:07):
It's built in now. Again, the downside is that the
brand is a joke because of what happened. But you
could lean into that and the bar is set load
to where if you even did something minimal compared to
what it was supposed to be many years ago, it
could work. So we now know that it did get
a buyer, and we now know that LimeWire is the

(03:29):
purchaser of fire Festival, which I'm assuming a lot of
you know what LimeWire is. It was the new way
to download music illegally when Napster got shut down. So
these are two big names from the early two thousands.
I guess fire Festival is not as much early two thousands,
but still LimeWire was shut down in twenty ten for
massive copyright infringement, which I would You could have told

(03:52):
me LimeWire was shut down in two thousand and seven
and I would have believed you. But now LimeWire is
rebranding again, in this time by buying FIREFESTI the disastrous music.
I would not have guessed that it was twenty seventeen
when the fire festival was supposed to happen the first time,
but Limewarter says it's got a new vision for Fire
and it'll go beyond digital into the real world experiences, community,

(04:14):
and surprise the CEO, which hearing lime Wire having a
CEO is just a public CEO is Even as a kid,
I knew what I was doing was not was not allowed,
and that's what kind of made fun of, being honest
with you, I kind of felt like I was I
was doing something, you know, elaborate, like I was some
kind of a coder or a hacker, when all I
was doing was just clicking a button. But this, to

(04:35):
me is the way to go about it, because you're
mixing to things that just will come up, and pop
culture within a certain demo that'll you know. Oh yeah,
I remember when we used lime Wire. That was a
big part of our life whenever we were young, and
that's how we got music. John, you're young enough, I'm sorry,
old enough to remember that was like a thing. When
you had people were burning CDs in your youth, they

(04:55):
were probably getting their music from lime Wire, right. Yeah.

Speaker 2 (04:57):
I remember my first little cylinder shape MP three player
before even iPods were a thing. I believe I downloaded
my music off of offline wire as well, and then
frost Wire when that got shut down.

Speaker 1 (05:08):
Do you remember just the complete luck when it comes
to getting a good quality song.

Speaker 2 (05:14):
Yeah, there'd be times you would download a song and
it may not even work, or it might be like
a very chopped up, incorrect version of whatever you were
looking for.

Speaker 1 (05:21):
There would be bad quality, there would be half the song,
and you didn't know why.

Speaker 2 (05:26):
It would make me so mand then and.

Speaker 1 (05:28):
This happened all like this became such an issue for me.
If at least fifty percent of the time when I
would download a song, it wouldn't be the song it
would say that it was, but I would play it
and it would be this message, my fellow Americans.

Speaker 2 (05:44):
I would once again like to say that I did
not have sexual relations with that woman. I did, however,
go to ifreeclub dot com. It was a way, it was.

Speaker 1 (05:54):
It was a brilliant way to annoy but yet market
something to people. Because if there's a new song on there,
a new song out, and nobody wants to go buy
the CD because you know that was still a thing
at that time, but you wanted to get access to it.

Speaker 2 (06:10):
You would take it.

Speaker 1 (06:11):
You would, you would upload it as a song, and
then when people download and listen to it, they'd probably
be annoyed and think all that this guy got me again.
But at least you're spreading I mean, that's I mean,
that's like spamming people.

Speaker 2 (06:21):
But I would have songs that would have watermarks in
the middle. It would be like like like if you
had call letters or something. They can just be playing
in the background because they.

Speaker 1 (06:28):
Tried, They tried so hard to make it to where
you couldn't do this. But no matter what, once once once,
the once the file is is physically in the hands
of somebody via CD. They can put it. They they
have it right, And that's I mean, it is crazy.
It is crazy to think how music has evolved, how
we purchase and how can how we consume music, How

(06:49):
it has changed so much in the last twenty years.
But it is rapidly changed in the last decade. I
mean nowadays, like you don't even buy albums on anything.
You don't albums. All you listen everything be a stream.
Some people you can buy albums, some people do it,
but you don't really need to. And how royalties go
out with streams it's just it's it's an ever changing

(07:11):
world when it comes to music. Our quick break, we've
got trafficking weather updates on the way right here on
news Radio eight forty whas. It is six't eighteen here
in news Radio eight forty whas. Thank you for hanging
out with us here on a Wednesday morning, Nick Coffee.
That's me the company man, John all alongside. Today, we've
got another sports up by coming your way with Scott
Fitzgerald in just about seven minutes or so. I'm gonna

(07:33):
get to it at some point because I'm gonna take
great joy in letting you here and then discussing a
complete crash out from Dabo Sweeney. I mean, he gave
the ultimate I'm not worried, but then talk for thirty
minutes with nobody asking a question about how he's great?
Is anybody upset? Where we won eight titles and ten

(07:53):
years in the a SEC and that good and that good.
It's it's the ultimate realization that he is. He he's
feeling the heat. And I don't know, Debo Sweeney, I
can't ever tell if he's genuine or not because sometimes,
I mean, I get why people don't like him. I
find him pretty unlikable as well. I enjoy seeing him lose,

(08:14):
but you can be.

Speaker 2 (08:19):
Dabbo as far.

Speaker 1 (08:20):
As just, and I'm trying to find a good way
to describe it for those who don't know, he's just,
I don't know, help me out, John, He's he's.

Speaker 2 (08:25):
Kind of prissy the right word, Yeah, No, that's good.

Speaker 1 (08:28):
Yeah, yeah, And he's yes and just.

Speaker 2 (08:33):
He's an old fart too.

Speaker 1 (08:34):
The visual isn't that, but his his brand and his
demeter is very much old fart stuck in his way.
He's kind of guy. He's kind of younger looking. He's
not very old in the grand scheme of things compared
to some other coaches. But like he's an old curmudgeon.
That's what he is. And he you know, just to hear, well,
they don't want me and get rid of me, I'll
go win somewhere else. Nobody who said somebody getting.

Speaker 2 (08:53):
Rid of you? So he's I get why people feel
the way they feel.

Speaker 1 (08:57):
I probably don't feel much different as far as those
that don't really like him and enjoy seeing him lose.
But one thing I don't believe is that he's fake.
And that's what a lot of people saw he's a
phone and he's a fraud, and they bring it up
when it comes to him discussing like his faith, And
I never think about that when I think of Dabo.

Speaker 2 (09:14):
But I like, people can be.

Speaker 1 (09:17):
I don't want to say awful, because that's that I
don't know him, But people can be a way that
you just find annoying and you don't like it and
it rubs you the wrong way. But like, at the
end of the day, if anything, they're just that's who
they are.

Speaker 2 (09:30):
Like, didn't you say he was going He's consistent, right,
Didn't he say he was going to retire from coaching
the moment the players could start getting paid. He did.

Speaker 1 (09:38):
He said the second that players start getting paid, that's
when he's gone to the NFL.

Speaker 2 (09:42):
And well that didn't happen.

Speaker 1 (09:43):
It did not happen. But I mean, if you think
about it, he resisted. I mean, they still were, there's
still they're still successful by the way, like even this year,
they're not going to be a bad team. They're just
not what they once were. But what makes it such
a talking point is because one what you said, he
claimed he would he would never you know, he was

(10:03):
gonna leave if players get paid and he didn't leave.
But also he resisted change just because he wanted to.
The job changed, and he decided to not do the
job the way that it now needs to be done
in order for you to succeed, based off of stubbornness,
and it has cost him. I mean again, they're still
successful in the grand scheme of things, but if they

(10:24):
embraced full on portal like other programs did, who knows
where they'd be right now. And if you're a Clemson fan,
I mean, is it is it your program or is
it dabos?

Speaker 2 (10:36):
Right?

Speaker 1 (10:36):
Like, he clearly is the coach and he's done a
lot of great things. But him waiting four years to
essentially start taking some transfers, I mean it was malpractice.
It was him admitting he's not doing his job. I
mean that sounds dramatic, but I don't think him way
off there.

Speaker 2 (10:50):
He's kind of becoming John calipari.

Speaker 1 (10:52):
Ish absolutely could not have said it better, just kind
of unraveling and not realizing it, right. And I mean
what he say about the transperportal much transports in that
locker room right there, I mean, he's such a he's
such an old fart, all right, quick update trafficking weather
on the way. Also a sports update coming your way
with Scott on news Radio eight forty whas six thirty five.

(11:13):
Here at news Radio eight forty whas, it's coffee and
company with you here on a Wednesday morning. Happy hump
day to you. So JCPS has been, uh has been
one of maybe the most talked about things if you will.
I mean, there's there's been a lot of stories about
JCPS so far in my in my time here on

(11:34):
news Radio eight to forty whs since June, and that's
really not going to change because again, it's the largest
school district in the state, and of course there's a
lot of people who in this community that either have
children in the system, maybe they work in the system.
So it's not necessarily a surprise given how much people
depend on JCPS, and of course your tax dollars go
towards JCPS. But yesterday's news, I feel like, was one

(11:56):
that could have potentially just gone in one ear and
out the other for a lot of people because it's
just the typical type of story you hear about JCPS,
the budget issues and looking into a deficit and whatnot.
And if you are somebody that your livelihood depends upon this.
You're clearly going to be paying more attention. But I
didn't feel like people quite necessarily understood what was actually

(12:18):
said yesterday when it comes to their issues financially. I mean,
they right now have one hundred and eighty eight million
dollar deficit this school year, and what stood out to
me is hearing that they will have to sell assets
to make payroll next fall unless they can make some legitimate,
big time changes, big time cuts. So the Executive Administrator

(12:41):
of the Budget did say that again they will be
forced to sell assets to make payroll next fall, and
after that there may be nothing left to sell. I mean,
if that doesn't speak to just the financial situation they're in,
I don't know what will. Superintendent doctor Yearwood says these
cuts are unavoidable and they're they're on a hiring freeze
right now, and the cuts are going to target central

(13:03):
office staff first. There's not going to be any across
the board's salary cuts, so central office staff. I wouldn't
pretend to know what those titles are, those positions, but
that has been something that a lot of folks have
brought up over the years, that there are a lot
of office administration type jobs that are not in the school,
that are not in school. You're not in school on
a daily basis. That I mean, I've even heard from

(13:25):
teachers within JCPS administrators even that have acknowledged that, Yeah,
that's probably if they're going to make some cuts, that
would be the obvious place to start. In fact, I
know somebody that has one of those positions that has
been self aware that if they ever get to trimming
and getting rid of positions just because they have to,
it would be those kind of jobs. So I'm not

(13:46):
sure what that exact impact would make, meaning how many
they get rid of, how much money that would free up.
But you've got staff salaries up fourteen percent in four years.
That now makes up eighty four percent of the budget.
So they have had some big, big time one time
spending situations with school upgrades, they've had to incentivize incentivize

(14:06):
bus drivers to take those positions weapons detectors, but also
the expiration of the federal COVID nineteen relief money that
that wasn't gonna last forever. So I mean, this is
one of those things where it might be the time
if you were ever gonna do it and there may

(14:26):
be things that just simply make it impossible to kind
of regroup and start over. But this to me, just
given this dire situation financially, you might want to start
from scratch here and make some legitimate changes to how
this overall school system is run. And you're really gonna,
I mean, you're gonna have to just because of the
cuts that you're gonna have to kind of regroup reform

(14:48):
yourself in ways that that you know is sustainable financially,
because right now, I mean, they're at one hundred and
eighty eight million dollar deficit. And that's that's not only
as I mean, that may just sound like, Okay, that's
that's not ideal, that's not good, but you know they'll
figure it out.

Speaker 2 (15:05):
Well.

Speaker 1 (15:05):
Right now, when it comes to figuring it out, they
may have to sell assets to make payroll next fall,
and after that they'll have no money. I mean, if
that doesn't put in perspective, I'm not sure what will.
You Gotta Keep in mind, they just got that donation
if you remember from the young and I don't remember
what the exact value that former superintendent Marty Polio mentioned
as far as what that gift actually from a monetary

(15:27):
standpoint is, but just imagine they get that gift and
then they turn around and have to sell it because
they don't. I mean, that's that's an asset they've acquired.
And I'm not saying they would do that or anything,
but just nothing's really off the table that comes down
to them. Just all like imagine just putting putting school
buses up for sale, you know, just because you got it.
I mean that that's I'm sure that's happened before elsewhere.

(15:48):
But some's got to give. This is this is this
is not good. All right, quick break, We've got traffic
and weather updates on the way. What I want to
get to next. If you remember the street racing that
was going on illegally, those takeovers that we've seen in
Louisville over over the years, one of the things that
law enforcement threatened was that they'll they'll seize your vehicle

(16:11):
and destroy it. We now know that that's actually going
to happen, and I don't know why, but I also
know I'm not alone. I can't wait to see it.
The demolishing a vehicle will be fun to watch, especially
knowing that it was used for what it was used for.
But we'll tell you the specifics on the other side
as far as why they are choosing to destroy one

(16:33):
vehicle in particular, it is a Dodge Durngo Hellcat worth
about one hundred thousand dollars. So we'll get to that
in more right here on news Radio eight forty whas
we are rocking and rolling here on a Wednesday morning,
news Radio eight forty whas just a day away from
Louder than Life getting set, which I know there's a
lot of folks here in sound excited about that, and

(16:54):
a lot of people come into town from all over
the world. The organizers of the event expect there to
be people from all fifty states and up to fifty
different countries. So if you are somebody who celebrates participates
in Lotterer than Life, this is your time to shine.
One hundred and seventy five bands, seven different stages, so
it's around two essentially of the music festival takeover here

(17:16):
in Louisville. And as someone who does not go to
these really ever, I mean I went to I went
to a Lotter than Life for about five minutes. It's exaggeration,
but I was there very briefly and just was able
to see what the experience was. Have not been to
Bourbon Beyond ever. And then I did go to the
Hometown Rising festival that doesn't exist anymore, part of Danny
Member's trio of festivals that took place about five six

(17:39):
years ago. But I know it's a big deal to
a lot of people, and it brings a lot of
folks to Louisville, which again, that's a good thing.

Speaker 2 (17:44):
I can't believe you said all fifty states represented. That's respect.

Speaker 1 (17:48):
I mean, I remember one of the people that we
talked to a few years ago there from Alaska.

Speaker 2 (17:53):
I mean wild, I mean that's even even. That means
you have representatives from even Hawaii and Alaska.

Speaker 1 (17:58):
Yeah, I mean that's again. I think what just makes
this different than a lot of music festivals, not just
different than Urban and Beyond, is because there aren't many competitors.
And I don't mean just as far as right about
that the the extravagant metal rock festival, but that's just
there's not that many of those anyway, and you have
a collection of groups, artists, bands that are somewhat in there.

(18:23):
They're not all the same as far as their style
and whatnot, but there's certain levels of rock and metal.
I'm talking at them out rear in here if you
can't tell, but as somebody who knows not a whole
lot about that that that genre, but if you love
that kind of music, this is this is the place
to do. This is this, this is the ultimate event
to take it in. And there's so many people that

(18:44):
that that go and come back to where it's that's
how it grows. I mean, so I I I feel
like a pos are talking about it because again, I'm
not somebody who listens to that music, and I'm not
somebody that's going with passes or anything, but I was
able to see just how how big of a deal
it is for those who love who really love that
genre and then are passionate about that kind of music.
They've got four days of just NonStop partying, rocking out.

(19:09):
So again, we're just a day away. We are just
a moment away from your next update of trafficking weather.
Bobby Ellis tell us how the roadways are looking. Also,
we've got a weather update look at the forecast from
Matt Melosavich and another sports updates coming up as well
right here on News Radio eight forty whas