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November 14, 2025 33 mins
Ken Rosato fills in for Mark Simone. An ICE suspect opened fire at their workplace in San Antonio, Texas, last week. Is this situation a reflection of the ongoing consequences of the Biden Administration’s immigration policies and the impact of increased illegal immigration? Ken takes your calls. Ken interviews Financial strategist and policy expert Steve Cotton. Steve discusses solutions for the housing crisis in NYC and nationwide. Steve also shares his outlook on the economy for the coming months.

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Episode Transcript

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Speaker 1 (00:00):
Now the Mark Simone Show on seven ten woor filling
in for Mark, here's Kenrosatto.

Speaker 2 (00:08):
Yes, yes, yes, the end of the week is here.
Mark has the day off, and it's good to be here.
Former New York City TV news anchor Guy Ken Rosato
in and you probably best remember me for the twenty
years I spent anchoring the morning show at Channel seven.
I was a Channel five before that. Nowadays I get
to host a daily show on a New Jersey based
news channel called on New Jersey. You could stream it

(00:30):
live or watch reruns at o NNJ dot com. And
I run a food website for all you foodies, Thefooddude
dot us. Thefooddude dot Us. We've got a lot to
talk about to wrap up this busy newsweek. We want
to hear from you too. Don't just sit there, want
you to pick up the phone and call one eight
hundred and three to two one zero seven ten. Hey,

(00:52):
we got some sad breaking news out of San Antonio, Texas.
Police there are saying that there was a twenty one
year old illegal alien who fatally shot three people just
over an hour ago at what may be his place
of work. Now he and his family, According to police
illegally entered the US back in twenty nineteen, and they
were supposed to appear at a court hearing in twenty

(01:13):
twenty two, but authorities say they failed to show up.
Now three Americans are dead thanks to the Biden administration
doing nothing about this guy in twenty twenty two when
he was supposed to be removed from our country. But
these things have consequences. Okay, it doesn't mean that everybody
who came here illegally is going to be a murderer, clearly,

(01:34):
most or not. But the thing is, when you lose
track of people, you don't know who they are, what
their background is, why they're here, and then you lose
track of them, things like this happen and you have
three tax paying, hard working, good US citizens dead because
the Biden administration let this guy in, lost track of him,
and now he ended up according to authorities, they say

(01:57):
that he killed three people. What they belie leave was
his place of work in Texas, San Antonio, seven ten wy.
And you know, we keep saying the nation is so polarized.
Now we may know for fact that it may be
because according to NBC News, they just conducted a poll
and check this out. The NBC News poll shows eighty

(02:18):
two percent of Republicans say they have friends who are Democrats.
When you ask democrats, do you have any friends who
are Republicans, only sixty four percent of Democrats say they
have a friend who's a Republican. And if you recall,
I've said this before Dan Bongino, before he became the
deputy director of the FBI, when he was a talk
show host, he used to say, Republicans think Democrats are

(02:42):
good people with bad ideas, while Democrats think Republicans are
bad people, and that's why there's no dialogue. That's why
they're so dialogue. Republicans, my Republican friends are always willing
to sit down and talk, and they don't get animated,
and they don't scream, and they don't go out with
green hair and nose rings, protesting, screaming, burning police cards. No,

(03:03):
that is a feature of the left. The right doesn't
do that. It's just not part of them. Of the right,
if you have a disagreement, we'll sit down and talk.
I want to know what you have to say. But
unfortunately the left doesn't have that same opinion. Their object
is to shut you down because they need to convince

(03:24):
you of their way of life, of their thought process,
and as long as that's the case, there will be
no dialect. They don't want dialogue, they don't want die like.
They want to shut you down, dispatch you if necessary,
in order to make their way of life the way
of life. And that's that. So what did you think
about this lunatic? On the Upper East Side? If you
haven't heard, there was a guy with a gun who

(03:46):
was killed in a shootout with police after he apparently
pointed his gun at a guy in a building elevator. First,
then he later ran into a deli and he threatened
to shoot up the deli. Then he threaten to shoot
a hospital. Now cops ended up shooting the man. He
was pronounced dead at a hospital. No word at this
point what was going on if he was mentally challenged.

(04:09):
But this brings up Zorn, Yes, mayor to be Zoran.
You know all he'll tell you back when you ask
him questions about things like this is gobbledegook.

Speaker 3 (04:20):
Police have a critical role to play in creating public safety,
and I speak to those officers on the beat. I
hear a frustration from them that we're asking them to
do more than just focus on serious crimes. We're asking
them to do the work of mental health professionals and
so are nds, and that reliance on having them deal
with almost every failure of the social safety net is
making it impossible for them to tackle those crimes.

Speaker 2 (04:41):
No, just arrest them. I don't need, you know what.
I don't need the police officer to sit there and
do a question and answer therapy period where he says, so,
how are you feeling right now? If a guy's breaking
the law?

Speaker 4 (04:53):
All right?

Speaker 2 (04:53):
Granted, you can't treat every situation the same. I get it.
My dad was a cop. There's a gentleman who calls
from the Carolinas who's a cop. I know, Listen. I
was raised with cops, raised with law enforcement, raised with
lawyers in the family and among friends. I get it.
Every circumstance is different. But a police officer, they have
a hard enough job and they don't get paid anywhere
near what they should. And as far as I'm concerned,

(05:16):
give them the tools and let them arrest and then
we'll deal with them later. If the individual being arrested
needs mental health, I don't need the cop to do that,
and I don't need to send a dime store psychologist
out to every crime and let them diagnose in ten
seconds somebody who has a knifeeness threatening to kill their
families or on. That's not the way it works, okay,

(05:37):
but that's the way this this socialist wants it to
be in this city. It's unbelievable. He wants to deploy
social workers instead of police to respond to nine to
one one calls like this. What would have happened if
a therapist showed up and this guy had a gone
and he's going threatening to shoot up a hospital with
a therapist have said, why don't we sit down and discuss.
I want to know what you're feeling. Yeah, let's see

(06:00):
that works. Actually, we find out that this has been
actually tested since earlier in the year and very quietly
tested in fact, and published reports say that early results
of this program it's called be Heard. Yes, okay, we
know you have a gun and you're frustrated, but I
want you to be heard. It shows that it is not
a good plan. So Mamdani has proposed shifting one point

(06:24):
one billion dollars toward the Department of Community Safety for
this plan. Apparently, an audit was conducted in May by
the city Controller and it was determined this thing is
an utter failure. I mean, Mamdannie hasn't even taken office
yet to put it into play, but we know it
doesn't work. Apparently, sixty percent of the calls that came

(06:45):
in for what would have been mental health responses, they
were deemed ineligible. And there are a bunch of reasons
why we can get into and more than thirty five
percent of the so called eligible calls from mental health
professionals never got a response. And for this, mom, Donnie
wants to spend over a billion dollars of your tax
payer money. Remember when de Blasio's wife got this a

(07:07):
billion dollars that Blasio had allocated to deal with people
who are homeless. And after a couple of years we
asked where did that money go? And she couldn't account
for it. They had no idea and nothing was done.
Just a billion dollars. I mean, come on, what do
you think can is this a bill? What's a billion
dollars these days? Please? Unbelievable. Certain people get a pass. Sadly,

(07:28):
I think people will get hurt or worse. You will
see crime rising all over the city. And now Zorin
is insisting on pushing to raise taxes for those free
buses and childcare.

Speaker 3 (07:42):
You know, I've said time and again that I believe
these are the most straightforward ways that we can actually
fund universal childcare, making buses fast and free. And I've
said that the two clear ways to do so raising
personal income taxes on the top one percent by two percent,
and raising the corporate tax to match that of New
Jersey's corporate tax of eleven point five percent. Now, if
there are other ways to raise this money to fund
this agenda, the most important thing is that we fund

(08:03):
the agenda.

Speaker 2 (08:03):
Yeah, that's the most important thing, funding the agenda. You
know what the translation of that is, let's get money
out of people's pockets and into my agenda. That's what
it is. So some bad news for you, Zorim Governor Hokol,
who controls the purse strings with the state legislature. By
the way, not you already said there is no money
to provide free buses.

Speaker 5 (08:22):
I cannot set forth a plan right now that takes
money out of a system that relies on the fares
of the buses and the subways.

Speaker 2 (08:31):
Oh and as for that universal healthcare that you wanted
to provide for free hokl also said there's no money
for that. Zoron, Sorry, and she's repeatedly pledged there would
be no increase in taxes full stop. But mister Mumdannie
is unrelenting.

Speaker 3 (08:46):
The most important thing is not how we fund it,
but that we fund it. I think these are the
most direct ways to do so. But any funding stream
that would fund these programs, that is one that we
would welcome.

Speaker 2 (08:56):
Hmm, well, it ain't happening. There's no money, can't pull
what do they say, you can't get bud from a stone.
And if you heard Larry MENTI I listened to Larry
every day, just heard him a little while ago saying this.
He said, if you can't get money for the buses,
and you can't get money for the universal health care,
we're gonna get the mouddy for the free supermarkets there, Zoron,
it's not America. This is not a communist state. And yes,

(09:18):
when it gets down to free, just walk in and
grab stuff like it's a CVS. And you will only
arrest people who steal more than one thousand dollars worth
of stuff at a time. This is no longer America.
This is no longer America. It's a system that cannot work.
I love how the left loves to use terms like sustainable.
How is it sustainable if people just walk in and
take stuff for free, and walk out to a bus

(09:40):
and get on the bus for free and drop off
your kid. You're going to trust someplace to take care
of your child for free and you have no say
in what goes on there when you're gone. Yeah, good
luck with that, Zoron. What happens the first time there's
a lawsuit with one of these free universal healthcare is
because somebody's child accidentally falls and gets her hurt or

(10:01):
gets there's an accusation of abuse, physical or sexual. What's
going to happen then with this free universal healthcare? Z
are On? I'm just curious about that. Seven ten wo
r The Voice of New York one eight hundred three
two one zero seven ten one eight hundred three two
one zero seven ten Mark has the day off. This
is Ken Rozzatto in for him and what looks like

(10:22):
the ultimate middle finger to incoming anti Israel mayor Mamdani.
The current mayor, Eric Adams is off two Israel right now.
It's a final trip there as mayor of New York.
But of course, of all the places he could have gone,
he chose Israel. Remember the highest concentration of Jews in
the entire world outside of Tel Aviv, he's right here

(10:44):
in New York. They are part of the backbone of
this city. That's why it is so shocking that a
man who has such anti Israel policies and beliefs is
now the mayor of this city. And remember, Mamdani has
threatened to have Israeli Prime Minister Benjamin Hehina who arrested
should he set foot in New York. Remember, though Zoron

(11:05):
that the Prime Minister would have diplomatic immunity and if
you touch him, there would be an international scene like
nobody's business, and you would have to deal with our
federal government coming in guns of blason if you touch
the Prime Minister of Israel. So I'd almost like to
see Mayor Mamdani try it. I would love to see

(11:25):
him try it, because he would probably get arrested as
a result. Seven ten w r The Voice of New York.
So another leftist lunatic has made headlines this week. This
Tama guy showed up at the Newark office of acting
US Attorney Alena Habba. This happened Wednesday evening. The FBI
says the guy originally he walks up to the building

(11:45):
it say secure building. He walks up to the building
with a big old bat, goes, you know, up to
the metal detector. Yeah, I want to come in. First
of all, it's after hours. Secondly, as a bat, all
right it's and third it's downtown Newark. Good luck with
all three of those things. So apparently security said, ah me,
thinks youd better walk outside, dude, and he left, comes
back five minutes later like he was never there the

(12:07):
first time. This time he left the bat on the sidewalk.
And here's what's even more amazing, Security let him in. Yeah.
Good idea. So the guy then went to the floor
where Miss Habba's office is and began yelling incoherently and
smashing property. It is unclear whether he made specific threats
against Miss Habba, but why else would he go to
her floor after hours and go to her office. So

(12:30):
the cops are now trying to find the guy. Shouldn't
be hard. Just look for the guy with the bat.
H Have you heard this sixth story wealthy so called
sniper tourists. Yeah, listen up. Sniper tourists allegedly paid ninety
thousand dollars apiece to shoot human beings during human safari
trips to Sarajevo in the nineteen nineties, and they paid

(12:54):
an extra fee if they wanted to shoot children. To
this insane this is according to some crazy claims being
looked into now by Italian prosecutors. This is actually being
thought of as really happening because there are a number
of people who claim it did not just one. The
investigation began after an Italian writer reported that he uncovered

(13:17):
evidence that wealthy gun enthusiasts I guess had too much
to do with their money. They were dubbed sniper tourists.
They paid Bosnian Serb forces for the chance to gun
down residents at random. During the four year siege of
the city. More than ten thousand people were killed not
by the sniper tourists, but in Sarajevo by overall snipers

(13:37):
and shelling from ninety two to ninety six because they
had the Balkan Wars. It's not known if those numbers, though,
include anyone who may have been part of this alleged
human safari story. But you know they're going to be
looking more into this, and that is sick if it
is in fact true. Seven ten War The Voice of
New York Friday Morning, Ken Rozatto in for Mark, and
did you hear that lawmakers in DC were making twenty

(13:59):
grand each at the expense of American taxpayers while the
government was shut down over the forty three days of
Democrats wouldn't even consider advancing the continuing resolution. Okay, it
cost the economy fifteen billion dollars a week, and by
federal law, they had to be paid. The constitution actually
demands it. Although a number of elected officials did say

(14:21):
they would forego collecting their salary, but most collected. Yeah,
think about that during that time. That's why they had
no problem letting it keep going on and on while
TSA agents and air traffic controllers and people trying to
collect their snap to feed their kids didn't get their money.
Pretty disgusting. And the likes of CHUCKI Chuck Schumer were
behind keeping the government shut and by the way, the

(14:42):
Democrats gained nothing from it during that period. I just
don't want to hear one. If you want to set
me off, tell me it was the Republicans that kept
the government shut. That's when I lose my relatively cool
demeanor and lose it at that point in a big way.
And we should mention Lady Gaga. She did a story
in Rolling Stone. She says she is lucky to be alive.
There's a story in Rolling Stone that says that while

(15:04):
she was filming A Star Is Born back in twenty seventeen,
she ended up suffering a psychotic break. She says she
had to do the movie on lithium. Lady Gaga says
that she had to cancel Joanne World Tour, which was
scheduled right after the filming. No word on what her
situation is right now. I have met her parents in
the past. They're lovely people. I only met her once,

(15:26):
very briefly. Very cool person, whether whatever you think of
her life or whatever. One of the most talented human
beings you'll ever meet, and comes from a very nice family.
By the way, New Yorker's tried and true, all right,
seven ten wo r the Voice of New York. We
want to hear what you have to say, so definitely
give us a call. It's eight hundred three two one
zero seven ten And Mark took a nice long weekend

(15:49):
starting today. We have partly cloudy skies today, Tomorrow highs
low fifties, maybe some clouds and showers tomorrow night, than
partly cloudy's Sunday a little milder tempts in the upper fifties.
The stock market took a big hit yesterday and while
the economy is looking strong in some sectors, it may
not be translating to the average hard working folks. Now.
Consumer sentiment for November is down, and we will speak

(16:10):
with financial strategist Steve Cotton about it. It is ten
twenty one, seven ten. War will be right back.

Speaker 1 (16:17):
Now more of the Marximone Show on seven to ten
wor filling.

Speaker 6 (16:22):
In for Mark.

Speaker 1 (16:23):
Here again is Ken Roseatto.

Speaker 2 (16:25):
Hey, good to be with you. Let's go straight to
the phones. Peter in the Harlem, good morning. You're on
the Marximone show.

Speaker 4 (16:31):
Yes, good morning. It's a pleasure to listen to you.
I have a comment. New York is dead. The fact
is that the stores are all run by people that
are unfortunately from other countries. So when the developments come in,
TA can kick them out right away. The East Village,
it's tinne of town. Harlem is another. I mean, what's
going on and they want to blame it on crime,

(16:53):
but it's not crime, it's greed. Do you have any comments, sir?

Speaker 2 (16:56):
Yeah, I agree. I don't think you're wrong at all.

Speaker 7 (16:58):
Sir.

Speaker 2 (16:58):
Look I here, I've lived in or around New York
City my entire life, with maybe a three four year exception.
I was in Miami. I'm fifty eight. I went to
grammar school, high school, college here, so I know what
to talk about. I've seen it go through all the
different iterations and it's almost unrecognizable right now. The thing is,
you need somebody who is a leader who will take

(17:18):
charge of the city and change things. We've seen it
go bad and then go good, and unfortunately, I think
we chose the wrong guy to change that. But I
appreciate the call and I don't disagree with you. We
go to David and Queen's Good Morning.

Speaker 6 (17:31):
Hey Ken, I've been listening to radio for over forty years,
and there was a caller up to forty years ago
who predicted everything that's going on, and he's largely been
blocked now. But I think it's high time to get
some credit to Jimney from Brooklyn, Oh.

Speaker 2 (17:44):
I remember listening to him. I mean he was on
Bob Grat years ago. I think that was like one
hundred years ago. He was, yeah, oh, there we go.
He gets a shout out there, let's go down to
North Carolina. Kathy, good morning.

Speaker 6 (17:57):
Hi.

Speaker 5 (17:57):
Can we really appreciate when you fill in from Mark.

Speaker 6 (18:00):
Thank you for telling guy.

Speaker 5 (18:04):
I haven't heard anybody talking about this. I'm going to
bring it up. Jimmy Kimmel lost his best friend who
is his bandmate a couple of days ago, and he
was on a show with a beautiful tribute for him,
and it was very moving, But I just wanted to
throw in there, what would Jimmy, what would you feel
like if people went on the air and started mocking

(18:25):
your friend's death or mocking the wife of your friend,
or his children, or his mother and his father who
were there with you in the studio. Like, he just
needs to get a clue of how irresponsible that was
and how rude. And now that it's happened to him,
somebody close to him has died tragically, maybe he should,

(18:48):
you know, think a little bit about what he did
to Charlie Kirk's family.

Speaker 2 (18:53):
And yeah, that's a very good point. Go ahead, I'm sorry,
let me finish your I'm sorry.

Speaker 5 (18:59):
Well, no, I'm so. I just want to but I'm
going to take a high road and I'm going to
show some grace to Jimmy Kimmel, and I'm going to
give him my condolences and my thoughts and prayers, which
he never wants, of course, but I just hope. I
know this isn't going to get to him. But I
just want everybody to collectively think, if you're in those shoes,

(19:21):
you know, to be a little more careful. And it's
pretty obvious he should have never done that, Like ki
Almus lost his job over it, which would have been great.

Speaker 2 (19:27):
And it wasn't only Kimmel, a lot of people who've
done that. And again it comes down to a dichotomy
of the left versus the right. There's just a whole
different Yes, I'm going to paint with a very broad brush,
but the left tends not to be into the religious stuff.
The right does tend to be a little bit more
into religion. We're talking about gradations of color here in
terms of religion non religion. The left tends to be

(19:50):
less empathetic. The right tends to be more empathetic. The
You know, the left is all about a show and
about being able to say they feel good about somebody,
but the right actually practic it. So yeah, there is
a difference there, and I'm I think you're spot on
with that, Kathy. In fact, that harkens back to the
old you know, saying that that we heard from. I'm

(20:11):
saying I'm forgetting names down. Hello, former FBI or the
current FBI Deputy director Dan Bongino. My gosh, it's what
happens when I'm my coffee. Dan Bongino again saying that
Republicans think Democrats are good people with bad ideas, and
Democrats think Republicans are bad people. There the Jimmy Kimmel
example is that right there, the idea that you can

(20:31):
make fun of Republicans dying because you don't consider them
good people, whereas we would never do the same to
them because we consider all people's lives precious. Start in
South Carolina, Good morning, You're on seven to ten w R.

Speaker 8 (20:46):
Hey, Jan, how are you? We've spoken several times, you know,
in an officer forty eight years, what ma'am Donnie does
not know could fill an encyclopedia. This man is an
idiot to think that social workers can go to a seat.
We have lost I think four or five officers in
the last six months going to domestics and they were
ambushed and killed even before they got to the front door.

(21:07):
This guy is out of his ever loving mind, and him,
coupled with Alvin Bragg, is going to be the seventh
circle of Hell in New York City. I cannot believe
for the life of me, can people put these two
people in office?

Speaker 2 (21:21):
And you know, Stuart, what's crazy. What's crazy is people say, well,
new York will learn. No, they won't learn. And here's
why New York is such a turnover of humans. I
think three quarters of the people currently living in New
York did not live here ten years ago. So that's
my huge junk of people. So as a result, it's
not like people could say, oh, remember back when we
elected that person, because I think a lot of those
people aren't here, so they don't understand. You know the

(21:43):
old adage about those who failed to learn history are
doomed to repeat it.

Speaker 8 (21:47):
We're repeating it right now.

Speaker 2 (21:50):
Sure.

Speaker 8 (21:50):
Yeah, real quick story. We had a mental patient and
I had a rapport with him, and any time they
dealt with him, and if I was on duty, they
would call me officer Stewart. How are you you know?
That was nine times. The tenth time he tried to
kill me and kick the windows out in my patrol car.
This is a ticking time bomb dealing with these people

(22:11):
and you do not They want an officer to go
with them, which defeats the entire purpose what they claim.
It's just insane.

Speaker 2 (22:19):
It's like when they tell an officer, don't aim at
the chest, aim at their foot. No, when you shoot,
you shoot right. They don't understand. Then you'll miss. And
if you're trying to protect yourself, that's it. So what
I hate to cut us off. We got to get
to the news, but I always appreciate your call, my friend,
Thank you very very much, and thank you for your
service as an officer. We appreciate that. Seven ten wor
the time is ten thirty three, And right after the news,

(22:41):
we'll speak with financial strategy Steve Cotton about how the
economy is looking now and what you can be doing
to safeguard your money.

Speaker 1 (22:48):
This is the Mark Simone Show on seven to ten.
Wi Jim from Mark Today, Here's Ken Rosatto.

Speaker 2 (22:56):
Really good to be with you on a Friday morning,
and the stock market took quite a hit yesterday. It
was down about seven hundred points. And while there are
some sectors of the economy that appear to be doing
better everyday, items like groceries are not really coming down
like we thought they might at this point. I mean
it's still fairly early on, but with the tariffs and whatnot,
things are still somewhat expensive. Eggs are down, yes, butters down,

(23:19):
but everything else is pretty much up. So a lot
of people are stretching their dollars to make ends meet.
Steve Cotton is a financial strategist. He's here to talk
about how consumer sentiment appears to be dropping for the
month of November and what we can do to safeguard
our dollars. Good morning you, Steve, Thanks for coming on.

Speaker 9 (23:37):
Good morning Ken, Thanks for having me.

Speaker 2 (23:39):
You bet So, what is looking up in our economy?
What is looking down?

Speaker 9 (23:45):
Well? Energy prices have come down significantly. A matter of fact,
I heard this morning that there are twenty eight states
where the price of gas is already down to about
two dollars eighty cents a gallon. Wow, that's outstanding. When
you get energy prices down due to expanded production, which
is what the Trump administration has been trying to do.

(24:06):
That has a ripple effect all throughout every product that
is made with petroleum products. We still have high housing costs,
but housing is largely a regional and a local phenomena.
It's due to shortage of supply, excess demand, persistently high

(24:26):
interest rates in terms of long term mortgage rates, which
the administration does not control. It's due to lots of factors,
population shifts, those kinds of things. So there are some
things the administration has had some success in addressing, and
some things that are just beyond their control.

Speaker 2 (24:45):
And Seeve, I'm glad you brought up housing because here
in New York City where we are, we have something
called rent control. And for those unfamiliar, you know, there
is a board, a rent control board, and you know,
while the state and the city tell the landlords you
must do this to your property. Put in fire extinguishers,
you must have this, you must you must maintain the
plumbing you might and there are all these millions of

(25:06):
dollars a year of expenses that the landlords have to do.
They're not allowed to just raise the rent to pay
for it. So I don't know where the money's supposed
to come from. But the rent Control Board determines how
much or if the rent can go up or down
every I guess it's every other year or whatever. I'm
not living in New York City anymore, so if I
got the exact time that this happens. But the point is,

(25:26):
when you have rent control and people are locked in
at a good rate, they tend not to move. And
so when you have people not moving, you have no availability.
And when there's no availability of real estate, what happens
to the price of real estate?

Speaker 9 (25:40):
I mean, well, that's that's true, right, when when availability
is limited, prices are higher, right, and they remain higher.
The problem of housing in this country is one of supply.
We have underinvested in building new housing stock for twenty years.
Communities that are trying to catch up. But there is

(26:03):
nothing wrong with requiring landlords and property owners to maintain
proper cleanliness, security, fire controls, you know, decent, decent you know, water, decent, plumbing,
and you know there there are a lot of cases
where we've seen slumlords. Oh yes, do those things. And

(26:26):
government should has an obligation to help support consumers and
provide minimal living standards. However, you've got to be careful
with rent controls because if you if you force rents
below a certain level where it's economic for those landlords
to make those improvements, you end up with a housing shortage.

(26:48):
And this is just economics. We've seen it not only
in New York, We've seen it in other places around
the country and around the world. So it's a balancing act. Always.
We have to hold land lords and property owners to decent,
minimal standards. There's nothing wrong with that. But when you
go overboard and you mandate expenses, but you limit their

(27:11):
ability to recoup those costs, then you get a shortage.

Speaker 2 (27:14):
I'm with you just so that we remind everybody. This
is seven to ten wo R The Voice of New York,
The Mark Simone Show on a Friday. Ken Rosotto in
for Mark and we are speaking with financial strategist Steve Cotton.
We appreciate you coming in, Steven. You know, we have
something else here in New York City that's sort of
unique to us. We have these giant eleven hundred twelve
hundred foot tall skinny skyscrapers that they've been building in

(27:37):
the last five to ten years. They're dotting the entire
landscape of Manhattan, parts of Queens and Brooklyn as well.
And the problem is many of those units are empty
because people from foreign countries, millionaires, billionaires from other countries
buy those units as investments. They don't even go there,
they don't even live there. The buildings are literally empty,
while there are thousands upon thousands of people all over

(27:59):
the city who desperately could use a place to live.
What could we possibly do to change that? The city
has tried to artificially affect change by saying, Okay, if
you're going to build that building, you have to do
twenty percent of the apartments for moderate income housing or
low income housing. But that can only help so much.

Speaker 9 (28:17):
Well, that's a problem, and it's a little bit unique
to New York. There are other communities where that kind
of thing structurally has happened. You can't you can't fence
out foreign investment or make it unattractive to foreign investors. However,
we do have an obligation to our own citizens first,

(28:37):
and we've got to really address the housing crisis through
expanded supply. That means incentivizing builders to build, lowering interest rates,
lowering the cost of construction, it's a combination of things,
but we really need a more creative approach to it
than we've seen in the past.

Speaker 2 (28:56):
Well, financial strategist Steve Cotton, that is great advice and
always good to have somebody who has the bigger view
of the overall picture. We appreciate you coming on the
Mark Simone Show today.

Speaker 9 (29:07):
Well, thank you, Ken, the pleasure to be with you
as always go New York Baby.

Speaker 2 (29:12):
Amen. All right, you got it, Steve. Have a good day, sir.
Partley cloudy today and tomorrow high's low fifties, maybe maybe
some showers tomorrow night, and partly cloudy Sunday, temps getting
a little warmer into the upper fifties. We're gonna take
your calls next eight hundred three to two one zero
seven ten, eight hundred three to two one zero seven ten.

(29:32):
It's Ken rosottowin from Mark on your Friday seven to
ten WR. We're coming right back now.

Speaker 1 (29:38):
More of the Mark Simone Show on seven ten WR.

Speaker 4 (29:42):
Filling in for.

Speaker 1 (29:43):
Mark here again is Ken Rosatto.

Speaker 2 (29:45):
Ten fifty six is out time seven ten WR. The
Voice of New York straight to our phones. We say
hi to Shanna on Long Island.

Speaker 10 (29:52):
Good morning, Shauna, good morning, Ken, you really carry the
show well. I wanted to find out about Moundani's foreign donations.
Do you know anything about that investigation? Has it led
any anywhere.

Speaker 2 (30:07):
Yeah, it's going to take a while before they get
to the bottom of it. Obviously, there's a lot going
on behind the scenes. Once they announced an investigation is underway,
it could take months because they don't let you know
little dribs and drabs. It's all kept locked and quiet
until they find out enough information. And if you don't
hear anything, that means they didn't find anything. So but
I'm sure people are looking. There are a lot of

(30:28):
people who have Mamdani on the mind right now and
they are looking for anything that might discredit him in
any way, shape or forms or Trust me, if there
is something, they will get to the bottom of it.
Apparently there were some foreign based donations that were made
to his election campaign. He either returned them or it
turns out they were US citizens. So far that we
know who were living in foreign places. So that's what

(30:50):
we know at this point. Shanna, I appreciate the phone. Thanks,
thank you, thank you so much for calling you. Bet
all right seven to ten w R The voice of
New York. We got somebody else lining up right now,
do we have line two? Okay, all right, so here's
a quick story I wanted to share with everybody. We
got a cut, cute story here. Have you ever heard
you've heard of a dog bites man? How about man

(31:12):
shoots I'm sorry, dog shoots man? How about that story?
This happened in Pennsylvania. A Pennsylvania man told the cops,
my dog shot me dead. Serious, This really happened. Apparently
a guy put his shotgun down on the bed and
it was loaded, and then he sat down on the
bed next to the shotgun. His dog got all excited,

(31:32):
jumped up on the bed for hugs and kisses. When
he jumped up on the bed, the shotgun went off.
I'm laughing because the guy's okay. The shotgun apparently caught
the guy in the back. The sun was downstairs, heard
the shotgun go off. Got dad to the hospital. He'll
be okay. But the cops this is the funniest part.
At the end, when the cops talked to the press,
they said, we're investigating the shooting, but we believe the

(31:54):
dog shooting the man was accidental. Ah, I just thought
that was funny. I'm sorry, wore the Voice of New York. Paul,
you are on the air. Good morning, How you doing.

Speaker 7 (32:07):
I heard you talking about Mamdani and his idiot idea
about the social workers. I was in New York City
cop for five years. I switched over. I became a fireman.
But a couple of years ago he and Tiffany Caban,
a New York City council woman, Tiffany Caban, issued a
document saying that if you're dealing with a psycho with

(32:27):
an DP, don't call the police. Instead, you can knock
a soda over and distract them. I swear to god.
They put this in print, they put this in writing.

Speaker 2 (32:37):
And that's why you know they've been quietly checking this out, Paul.
In over the last seven eight months, they have been
quietly testing this, and it has proven itself to be
an utter failure. It doesn't work. So clearly, this is
not something they just they've just tested once. As you
pointed out, it's been tested before multiple times. Sounds great,

(32:58):
but this is all about socialism.

Speaker 9 (32:59):
Hey.

Speaker 2 (33:00):
It sounds great to have everything free, too, doesn't work
that way, Paul. I appreciate the call. We got to
take a break for news here, but definitely keep tuning
in and keep calling. Partly cloudy today and tomorrow, highs
in the low fifties, maybe some clouds and showers tomorrow night,
and then partly cloudy Sunday temps in the upper fifties.
This is ken ra zottowin from Mark on your Friday.
Coming up later, we'll speak with brand and digital specialist

(33:21):
Fisher about digital ID, how iPhone users can add a
digital version of their passport to their iPhones. It's coming
up on eleven AM time. Now for the news
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