6.19: Window of Time - Hour 3

Episode Transcript

Speaker 1 (00:00):
Thank you, John. It is seven oh five here Kitsucki
had his morning news with Nick Coffee on news Radio
eight forty whas. So when it comes to the situation
with Iran and Israel and the potential involvement from the
United States, here here is the latest, and we'll talk

(00:20):
with Rory O'Neill coming up a little bit later on
in the show. He'll join us at eight thirty and
we'll get the latest when it comes to the ongoing
situation that clearly a lot of folks across the country,
really across the world probably monitoring this this this situation.
So we certainly got a t s from Donald Trump
yesterday because you know, will he bomb Iran? Iran? Sorry,

(00:42):
I said it wrong, John, correct me, you got it.
We gotta we gotta come to some type of well
I heard you say Iran about twenty seconds and then
and then I said ran instead of said he ran.
If I had like a shot call. Yeah, we need
something like that to keep me in line, because I
think since you corrected me at the beginning of the show,
I had done well, but I slipped up there and
I'll try my best not to do it again. But

(01:04):
Iran there we go. So anyways, will will he bomb Iran?
His answer was, nobody knows what he's gonna do, and
he gave you the smirk. And I think he enjoys
knowing that people are on the edge of their seats
waiting to see what happens. And that's usually something you
wouldn't expect from the president, knowing that depending on what

(01:27):
plays out, I mean, it's not crazy to think we
could see a potential World War three situation. Now. With
that said, though, it does sound as if that is
not anything that's not something anybody would want, which again
that should go without saying, but this day and age
probably needs to be said. But Trump does say that
he doesn't want to drag this out and do a
long term war, which again that's good news. So also

(01:50):
when it comes to the latest on a plan, if
in fact you get to the point where they are
going to bomb Iran, the Wall Street Journals said that
he has approved the strikes on Iran's nuclear sites, but
has yet to give the green light to actually make
it happen. And as far as will he give the
green light for it to happen, it sounds as if

(02:13):
we'll know soon, very soon. Right. It was two days
ago when Trump told his team at the White House
that within the twenty four to forty eight hours from
then will be will be crucial as far as what
happens and how this plays out. So also we also
know that that according to Trump, that Iran they want
they want a White House nuclear deal and they want

(02:33):
to chat about it at the White House. But his
response too late. So again it's a situation. We're all
monitoring and we'll give you the latest as best we
can here on News Radio eight forty whas so we
will we will give you an update on Travick and
weather coming up here in just a couple of minutes.
But there could be somebody listening right now that is
just getting their day started and they may not even

(02:56):
know it, but they could have they could have won
the lottery. So have a lottery winner here in well,
I don't know if they're here in Louisville, but the
ticket was purchased in Louisville here at a Kroger. So
the Kroger on Lagrange Road, they sold a Lucky for
Life ticket that the winner is. You can either choose
to have twenty five thousand dollars a year for life,

(03:18):
or you can take a lump sum of three hundred
and ninety thousand dollars. That's the cash lump sum. So
I guess when they say for life, that's not really
I mean, I guess there's no way to know exactly
how long anybody is going to live. But it is
twenty five thousand dollars for life up until for Yeah,
it says you can get twenty five k annually for

(03:40):
at least twenty years. So or you can just take
three hundred and ninety thousand dollars slump some And I
would say that, you know we talked about earlier. I
would go that route, but I'm sure everybody has has
their own preferences.

Speaker 2 (03:53):
So you just mentioned another reason that it's good to
take the lump sum. You don't know how long you're
going to live exactly. I mean, hopefully you live longer
than that twenty years, especially if you're younger.

Speaker 1 (04:00):
But if you're taking it annually and then you pass
away unexpectedly, I mean, can that be handy?

Speaker 2 (04:07):
You're still entitled to the rest of that money at
that point, and it does it go to your state?

Speaker 1 (04:10):
And look, I'm sure these kind of things have in
fact come up before. But yeah, I think the lump
sum is the right play here. Now again, when you
get to different winnings, I still think the loump sum
is a pretty common choice by a lot of people
who win. But I also see the other side of
it too, as far as consistent, big time money coming
to you annually, and you know that could keep you

(04:31):
from having to worry about if you have because a
lot of people have no way of knowing what they
would do if they come into that kind of money,
because you know, last I checked, there aren't that many
people that just randomly stumble upon a big amount of money.
Now again, third to ninety thousand dollars is certainly a
lot of money to someone like myself, and I'm sure
it's a lot of money to a lot of people,
but there's others that maybe it's not. But when you

(04:53):
get to winning like the Mega millions, and you've got
the option to take an insane amount of money up front,
that you would think, I'll never blow through that because
I wouldn't be able to spend that much money if
I tried. Well, you then learn a lot about I guess,
your spending habits when you have seemingly an unlimited amount
of money, but it's not unlimited, and there are countless

(05:15):
stories of people who probably had that same mindset. I'll
never run out of money. I don't even need to
monitor the bank account because I've got twenty million. Well
then you know, a five six years go by and
you've loaned people money, you've made bad investments, and you're
in rough shape. That happens a lot I mean, they
made an entire series that just documented people who won

(05:37):
the lottery and it quite literally ruined their life. So
be careful what you wish for. But also I'd like
to think that if I ever ended up winning the lottery,
I would not end up in that situation. But again
you never know because you've never been in that situation myself,
and I'm sure again everybody's different. I've never had an
insane amount of money, probably never will. All right, let's

(05:57):
get an update on traffic and whether right here, right
now on news Radio eight forty WHS seven seventeen here
at Kentucky ANDAs Morning News with Nick Coffee on news
Radio eight forty whas. Don't forget. You could take us
with you wherever you go. Listen live on the iHeart
Radio app. Also listen live at whas dot com, and
if you're on the iHeart Radio app, you can use

(06:18):
the talkback feature to contribute to the show. You can
share some thoughts I always say, questions, complaints, compliments, comments, insults,
whatever you've got, feel free to send it our way
and it may not make it over the airwaves here,
but we'll certainly get it and we'll know what you think.
So again, just keep that in mind. I don't want
to be so repetitive and letting you know that as
often I'm probably overdoing it, but I really want to

(06:40):
make sure folks know that it's there, because I'm sure
there's many that have wanted to find a way, a
convenient way to interact with the show, and I feel
like that's that is certainly certainly our best bet. All Right,
So we mentioned the lottery winner, the ticket that was
sold at the Kroger, and that's good news for Kroger
after a rough I guess week of pr here locally

(07:02):
when they had rat infestation at the Goss Avenue location
where they had to close down for a couple of
days and completely get that thing under control. Well, the
same location, John that sold the winning lottery ticket. Is
now the second Kroger location that has had some potential
issues here. So there was a report of I guess

(07:24):
a very similar situation on Lagrange Road location is what
happened at Gouss Avenue and the recent the recent check
ins by the Department of Health of Louisville Metro Health
and Wellness. They didn't find mice or rats or I guess, rodents,
but they found droppings, which, as you know, is poop,
and that means they were there, And that alone is

(07:48):
probably going to make a lot of people squirm a
little bit and think, Man, if there's if there's mice, rats,
rodents of any kind in the grocery store where I
purchased my food, it's just going to be a real
big turn off. So I don't want to overdo it
and act as if this is a crazy deal, because
this may be more common than I realized. But I
just what I keep coming back to is even if

(08:11):
you it'll be give an example, So Scott mentioned that
the Goss Avenue location is one that he goes to,
and he shared the story of his wife and him
talking about it and her asking sort of you know
what it looked like that after he went back when
they reopened, and he made a good point to her
that right now would be the time to not worry
about it, because to get the doors back open and

(08:31):
get approved, they had to get that thing in perfect condition,
and they did so. I guess you know, it may
be for me, and I can only speak for myself,
it'll be hard to not have it on my mind,
regardless of them being able to be back open and
getting an A when it comes to the grade, just
knowing that they did shut down, or they had issues

(08:52):
of of mice and rodents or whatever it may be,
it would stick with me. Now. Another aspect of this
is if you really had the if you wanted to,
and you could probably look it up. I'm sure there's
I mean you you can actually you can just look
at the front door of these locations, and I'm sure
people do pay attention to that. But if you really
got into the full details of these inspections that take place,

(09:13):
you may you may read some stuff that they got
a minor hit for to where they still have a
good grade, but they got warned about something like you
may not even know exactly what it means, but it
may just sound to where. Uh oh, I don't know,
I want to go here anymore. So what I'm saying
is after they get reprimanded shut down and have to
clean it up, they clearly have to get things in

(09:35):
order to be able to open back up. And also
just keep in mind that where you shop, where you eat,
there's probably been some things that if you did look
at the reports, that would that would make your stomach
turn a little bit. So you're probably better off not knowing. Now. Again,
if you've got a shut down because of road and infestation,
that's one thing. But yeah, I'd rather not know just

(09:55):
because I would I would over I would overthink it.
All right, we've got sports coming your way here just
a few minutes, but first let's get another update on
traffic and weather right here on news radio eight forty whas.
Thank you, John seven thirty five. Here Kentucky has morning
news with Nick Coffee on news Radio eight forty whas.
What we heard there in the business report is the

(10:16):
layoffs that are hitting Microsoft. Six thousand employees, about three
percent of its global work staff have been laid off,
and it's certainly connected to the aggressive AI focused that
Microsoft and a lot of other corporations have. I think
I saw that Microsoft is. According to this report here

(10:37):
from Barons dot com, Microsoft plans to invest a crazy
eighty billion dollars this fiscal year in AI related infrastructure.
So that that's a scary that's a scary thing. And
it's not the only big corporation that is that is
relying on AI, which will lead to them realizing they

(10:58):
may not need as many human employees. So Amazon they're
warning their employees that AI will help the company have
a smaller workforce in the future, which that's from CNN.
I'm reading that directly, and I'm just thinking, Hey, we're
going to let you know that AI is going to
help us and because of that, we don't need you,

(11:18):
you're going to be out of a job.

Speaker 2 (11:19):
Like I doubt that was the delivery, but I mean,
I guess they're being honest, right, Yeah.

Speaker 1 (11:23):
Yeah. So there was a blog post on Tuesday that
was sent out to the employees. I guess there's a
blog that is active within the Amazon workforce, and their
CEO said that efficiency gains from AI would allow the
company to eventually have a reduced human workforce. Quote as
we roll out more generative AI and agents. It should

(11:44):
change the way our work is done. We will need
fewer people doing some of the jobs that are being
done today and more people doing other types of jobs.
He said. So again, it's everywhere. It's it's not just Amazon,
it's not just Microsoft. It'll I mean, who really knows.
It's impossible to predict sort of the continued world of

(12:06):
AI as far as how things evolve. I mean, there's
certain things I'm just thinking, Okay, yeah, AI is really impressive.
It's crazy, but there's no way we could ever rely
on artificial intelligence to do this or to do that.
But maybe I'm wrong. So I used to have a
fear and really just an uneasy feeling about AI, and

(12:28):
I still do in some aspects. But also I've learned
that it also is a really useful tool that at times,
depending upon what you do, and I'm not even talking
about for your job. I'm talking about just in your
daily life, you could really benefit from using AI to

(12:49):
help you with a lot of things. And that's like,
in that aspect, I'm thinking, Okay, this is great, like
I'm glad this exists. But when it starts to impact
people's jobs, and you know, we just turn into a
society run by robots. That's not something that excites me. John,
You and I had many conversations in our previous world
on sports radio about the fear of AI, and I

(13:10):
think you and I are kind of on the same
pagriot to where now as it continues to evolve, you
do at least see where it can be resourceful for
a lot of people, right, I mean, yeah, I use
it often for things, but again, it's not crazy things.

Speaker 2 (13:24):
I just don't understand what the end game is when
it comes to, you know, creating these jobs and eventually
laying people off, Like, what do you do you know,
five to ten years down the road, when it's all
about the bottom of thousands and thousands of people are
out of work. I mean they could obviously find work elsewhere.
But the longer you get into this, the less jobs
are ever going to be. And I just don't know

(13:44):
what the solution all that would be.

Speaker 1 (13:46):
Yeah, I mean, look, I'm only speaking for myself here,
but when I see big corporations that I don't imagine
are hurting, like Amazon and Microsoft, they're they're utilizing it
and getting rid of employees. I mean, it's just to
reminder that you know, it's business. It's money, right, It's
about the bottom line if if they can, if they
can legitimately bring in a lot more revenue and reduce

(14:12):
the overhead by getting rid of employees. I mean, it
ain't it's not personal. They're just going to do it
because it's going to make them more money. And it's
and it's a sad reality, but that's just that's just
the way that it is. I mean, these AI robots
essentially or the AI technology, you don't have to pay
them a salary. They're not you don't need to give
them health insurance, you know what I mean. Like, it's

(14:33):
so it's it's a there's I think there's And if
you've if you've yet to ever experience anything with AI,
meaning any of the chat, GPT or the other tools
that are out there, and you have no interest, I
get it. But I do think that there are some
that don't realize that it can also be you, Like
there are now jobs that are not relying on artificial

(14:56):
intelligence to replace you, but now they're going to coach
you and help train you and help you do your
job by using AI tools, which again I think that's
that helps you do your job. Better, and I guess
you know that's the good side, but there's always probably
going to be the concern depending upon what anybody does,
will AI replace me? Right, I've got a skill set,

(15:18):
I've got a trade. I bring something to the table
that has helped me make a living and provide for
my family. But if they can get a robot to
do it for free, they're going to do that. I mean,
that's I shouldn't say everybody, but that's it's business. So
it's just the it's the sad reality of it. All Right,
We've got another update of traffic and weather coming your way.
We'll also take another look at the latest with the

(15:38):
U OFL Athletics Department when it comes to the shortfall
when it comes to their budget. So we'll get to
that some more specifics on the other side. Right here
on news radio eight forty Whas seven forty six. Here
Konseucky and it's morning News with Nick Coffee on news
Radio eight forty whas. That's me. I'm Nick Coffee. I
hope you know that. If not, now you do. I

(15:59):
try to remind people that I'm still the new guy,
So reminding you of my name is what I'm told
to do. So I'm gonna do it. It's not just
because I like to hear my name, It's because you know,
they want me to do that. When I say they,
I mean the bosses, those that made the decision to
put me in this in this position. So the other
name that you know, a familiar name, familiar voice on
this on this very show with Scott Fitzgerald, He's gonna

(16:20):
have sports coming your way in about eight minutes time.
And this is I guess in the world of sports
that I'm about to discuss here. But not because we're
reacting to a win or a loss or anything like that.
But yesterday the University of Louisville they approved their athletic
Association budget. So they anticipate one hundred and sixty seven

(16:42):
point four million in expenses but just one hundred and
fifty four point nine million in revenue, leaving a projected
twelve and a half million deficit for the coming year.
So because of that, to help stabilize things for the
next two to three years, they have secured a twenty
five million dollar line of credit from PNC Bank. You

(17:02):
probably have already seen other athletic departments across the country
do something similar. Maybe I'm wrong. If not, you will
you will see them do others because Louisville, meaning the university,
is no different than most out there that are going
to have to make some real adjustments because they now
have a much bigger amount of money they got to

(17:22):
pay out every year. Again, twenty million dollars is now
on the is now an annual payment every year for
college programs that want to want to succeed, that want
to win and want to compete. I guess it's not
a requirement, but I think most schools, maybe maybe I
shouldn't say this because I really don't know, but I
know many schools the athletics that are generated from from

(17:46):
football and sometimes men's basketball, not only do they feed
and fund the rest of the non revenue sports they
are I mean, it's a marketing vehicle for university as
a whole, and you can you know it's it's a
money maker. College sports is a money maker for for
a lot and it's been that way for a long time. Well,
now you've got to share twenty million of that revenue
that is made and that number is only going to

(18:06):
go up. So finding ways to cut costs and add
revenue streams is a big priority right now, and I'm
sure you're going to see a lot of creativity when
it comes to what schools are going to do. So
here is here's a little bit of a of a
breakdown here as far as the just things that right
now you may not notice because you unless you work

(18:29):
in this department at UL, you really wouldn't notice or
it's not going to be on your mind. But these
are things that probably will eventually come up and people
will ask questions, well, wait a second, why can't why
can't we get new facilities for this program? They deserve it. Well,
there is now a halt on capital spending which stops
upgrades to the training facilities, locker room stadiums, that kind
of stuff. So they're not moving forward with any new

(18:53):
projects and they are putting a stop to the projects
that are currently in place. So, you know, just just
to this is one of the things that that that
probably wouldn't have been as big of a deal in
the previous world before we were here with this this
new revenue sharing model, but man, it certainly seems like

(19:13):
a big deal right now. Let me just give you
an example, U of L. They're hoping that the performance
on the field will help close the gap because again,
you are going to be incentivized when you you know,
to succeed, not only because you want to win, but
the ACC made the decision to start basically sharing sharing revenue.
They're going to still share it to everybody, but you
will get a bigger piece of the pie if you,

(19:34):
in fact have more success. So that's that's you know
you can bank. There's no way to guarantee it, but
again you can you can know that if you do
make investments and things are going well, meaning you're winning,
that can help close that gap. But this is just
a it's got to be a tough pill to swallow
for everybody involved with athletics. Certainly, nothing you can do

(19:54):
about it right now. But U of L. Had they
not lost to Stanford last year, and what was just
a game that you could have convinced me they tried
to lose With how that played out play by play,
I'm not exaggerating, but that caused them to no longer
be featured in the College Football Playoff Top twenty five.
Had they finished in the top twenty five, they would
have received an additional one point seven million dollars in

(20:15):
revenue if they got in the playoff. Don't think they
would have had that happen, but they would have made
eight million or up to eight million, I should say,
so little things like that. That's I mean, one point
seven million is a lot of money to you and I,
but that's now a bigger hit, like, oh man, we
really could have used that in today's world compared to
what it used to be, because again times have changed

(20:38):
in a big, big way. So we'll continue to discuss
this throughout the morning, because again I think there's some fact,
there's some potential, there's some potential outcome here that could
could lead to Louisville potentially maybe getting rid of a sport,
which is a sad, sad thing to see if it happens.
But that's just where we are, all right. Let's get
an update on traffic and weather. Also an update on

(20:58):
sports coming your way with Scott right here on news
read wait forty whs