🎙️ S2 EP. 22 🎙️ “Money Talks: Fan Chou on Nevada’s Economy, Infrastructure & Geopolitical Pressure”

Episode Transcript
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Speaker 1 (00:00):
Las Vegas, Nevada. It's time for straight talk and real solution.

Speaker 2 (00:04):
We're breaking down the issues that matter to you with
no spend, just the truth.

Speaker 1 (00:09):
From the strip to mainstream.

Speaker 2 (00:11):
We're keeping it real for hard working Americans.

Speaker 1 (00:14):
This is Talk with a Conservative, Open conversation with an
intelligent explanation.

Speaker 2 (00:21):
Las Vegas and Nevada, let's talk. Welcome to Talk with
the Conservative. I'm Garland Brinkley and I ran for as
simply District one in twenty twenty two and again in
twenty twenty four. I'm a retired university professor.

Speaker 1 (00:41):
And I'm Patricia Brinkley and I ran for Senate District
one in twenty twenty four, and I am an attorney
with over twenty five years of solo practice. And Welcome
to season two, Episode three of Talk with a Conservative. Tonight,
we are joined by guests that we had in season

(01:03):
one and one of.

Speaker 3 (01:04):
Our favorite guests.

Speaker 1 (01:06):
That's welcome fund a fun Child. If you listen to
season one, episode four, he broke down the economy for
our local, state and national economy. Fan has spoken at
our town hall, and he has over forty years experience
in domestic and international construction engineering and management. He has

(01:31):
actively turned around failing projects, restored customer confidence, and achieve profitability.
Please welcome Fan Chow as we delve into Nevada and
the national economy. Welcome Fan Well, thank.

Speaker 3 (01:46):
You for Tricca Garland. Thank you for having me again.
It's exciting. Yes, I'm congratulations. Just on your next season,
new season the radio talk show, More listener, more sponsor,
the ware we go.

Speaker 1 (02:00):
Yes, and the callers. Our number is seven zero two
two two one, seven two eight three again seven zero
two two two one seven two eighty three. And our
question for today, we're trying to something a little bit
different this season. What will be the potential impact of
the Federal Reserve? Last week they reduced the interest rate

(02:23):
by a point two five percent. It was stated that
the Federal Reserve plans to make further reductions in the
interest rate before the end of the year. So what
do you think the impact is going to be on
the consumer?

Speaker 3 (02:35):
Well, for the consumer, pobby does not have a huge
significant difference. Right if you have a mortgage today at
seven percent for you to go refive, dropping a quarter
by the Fed is not going to bring Christmas present home. Uh,
you want to have an average abound two point different
before you go refive, although they are a different program

(02:58):
will help you. But this is uh this is more
like a pressure point right where Trump administration pushed the
right button and the FED finally give in. But we
got it. The you know, the chair for FED will
be his service will be over by May next year.
So it's didn't come now, come later. I see the

(03:19):
Feds who drop, but maybe not a point upon and
half bet you now and then if it doesn't, it
will be by May. People don't realize they drop. People
that bought houses. The mortgage that's the biggest expense for
an average American. That's the most expensive purchase you ever
made in your life. And we got millions of people
have mortgages. Your income has gone up, but it has

(03:43):
not caught up the flate ray of inflation. Everything is
more expensive and a seven percent interest way it hurts
when it used to be two and three. I remember
my before my first house bought was twenty one percent
when Jimmy Carter was the president. Uh so he killed
his administration. Uh So. I think the ray will have

(04:05):
a little impact for the average person, have a pretty
decent impact between lending institution the rest of the world
had dropped the ray long time ago. Asia dropped the ray,
the European Union had dropped the raid, World Bank had
dropped the ray. We are just kind of playing the
politic using the interest rates of political football, not in

(04:26):
the not in the interests of the American taxpayer, but
more than a political arena. Because they was going to
drop the ray last Stember before the election in the
benefit of buying's election, and he didn't he they didn't
drop it and he didn't win, and we're not dropping anything. Uh,
while the price still increase. So it has a lot

(04:46):
of impact directly to a day to day consumer because
everything's more expensive and your income levels not.

Speaker 2 (04:52):
There considering that your own palace ahead of the bed.
And like you said, his term expires next year. Do
you think that he'd try to maintain be reappointed by
President Trump as head of the bad.

Speaker 3 (05:07):
Well, if you're betting man Weed in Vegas, don't put
all your money there. I would say by having a
new board director. That's a part of Trump's philosophy. Got
appointed and got to prove and slowly the board's gonna
be all Trump's guys anyway, So he's gonna be in
the rock and hot place. And you know, the funny

(05:28):
thing to fit chairman. You would think he's a financial
guy background, but he actually attorney background.

Speaker 2 (05:34):
So I know about attorneys.

Speaker 3 (05:36):
So when you look at the eye, no, no, not
back moving. Any attorney does. Some great attorneys, smart people,
but you kind of you don't want a foot dog
that to go through your hot surgery. Right, so this
is kind of you need that right ballanced, right skill
set to do the right job. Just bring a political
connected don't don't generally do the right job.

Speaker 2 (05:59):
Yeah, I know Trump is trying to buy at least
a cook cook from the uh FEDERI governing board of
the Federal Reserve. It seems to me that that probably
will happen, so he'll get another person to appoint even
before the deroon palace up for you know, yeah, he's

(06:20):
like I said, there's not gonna be Dreon Power wouldn't
put money on that either, Yeah.

Speaker 3 (06:24):
I don't, don't pop. I would say nine nine percent
lock up in the next fest chair. Right. Even that
with that said, the board's going to be get a facelift.
So all that's gonna be positively for us because our
economy is kind of look at the not going anywhere.
The reason is not like going anywhere, because the rest

(06:46):
of it will is not like not going anywhere. So
everybody is interrelated. We can't just say, well, us is us,
we just about so we we boom ever could suffer.
You really can't do that because we so inter related.
You you can't do with all the other. We could
say all we want politically to make it sound good,

(07:07):
make the news, but it will just doesn't work. Just
like you have two kids, no matter what you do,
they ain't go away, they move out, they'll come back
and Christmas, we just presents me right there will. Economy
works the same way. We could argue, we could yell
each other, we could point finger, but at the end
of the day, we very inti related. So case important

(07:30):
we think't Chinese are coming doing bad? Well, there's container
export jump up three percent last month. Yeah.

Speaker 2 (07:35):
I actually sympathized a bit with the Federal Reserve for
being slow to lower their interest rates. And that's because
of the terrorists that Trump put on. Because we're a
big country, the biggest in the world, and with the
terriffs he put on, we didn't know what happened because
this has never been done before. Any economists that said, oh,
you know, pricies go up, price go down had no idea.

(07:57):
So I can imagine why Ju on the rest of
the bed was a little bit hesitant to lower interest rates.
But it's clear that terifs have been very effective.

Speaker 3 (08:08):
Well. Lower fed interest rate has all the fact that
right beside the political side, the economic side, having a
tariff by up by a country is not something new.
We've done it in the past, prior we have federal
income tax right or we the government supported by tariff.
You go to any most of the country free country
in the world economy, you pay some kind of tariff.

(08:29):
You just don't know where might got blended with the
product or service, but you're paying. So we're not doing
any different. But tariff is a good it's like a
good immediate anecdote to our economy with negotiating a better
trade deal. We need better trade bound for the rest
of the world. Uh So if we keep we the

(08:52):
one always giving, no matter how much you give, the
receiving side would never think it's enough. So the tariff
is a speed. I'm to slow that down. That's bring
the people to the table. Let's find way that you
lose some I lose them, but I'm not losing everything
from now on. So that's kind of what that taverage

(09:12):
strategies more than the money.

Speaker 2 (09:14):
Yeah, if the trade deficit was good, how come other
countries aren't running trade deficits? Pretty much just the US, well.

Speaker 3 (09:23):
Country a lot of time is fudging the books, okay.
And the second thing is it's also a based economy. He's
almost sixty five percent of our federal budget go to entitlement.
Most of the country don't have a program that big
that take sixty five percent the national budget to go
to entitlement program. So when you don't have that, because

(09:45):
the entitlement program is a recircling money, it doesn't produce anything.
It's just go from one pocket to another and come
back to the same pocket. But it's how to produce
new money. So I think a month ago I did
a forum for about global economics. I'll stick with construction.
US does about two and a half trillion hour for

(10:07):
business and construction. Okay, the world's around sixteen trillion, and
the next fifteen twenty year it's gonna be around thirty trillion,
or maybe twenty five to thirty triya eight to nine trillion.
That's gonna come for merging market. Those merging markets you're
to generate our gdpople within that country, we're very little
to no entitlement program. So when you take that minus out,

(10:32):
you see this, Wow, the GDP's greg everything. I've come
because we have a lot of US baggage and we
have to pay for those baggage. And that's one of
the reasons that we have to do that. And you
look at if you're paying sixty sixty five percent your
national budget to entitlement program, that's a lot of money.

Speaker 2 (10:52):
That's a lot. It just sort of who knows the
global stomach that fans talk about. Patrician and I both
attended and it was fantastic.

Speaker 1 (11:02):
And callers are number is seven zero two two two
one seven two eighty three, so fain I asked. Of
July twenty twenty five, the US government has collected approximately
one hundred and thirty five zero point seven billion dollars
in custom duties for the fiscal year, which reflects a

(11:23):
significant increase compared to previous years. So this this revenue
was generated from teriffs, and so people didn't think that
this would be as good as it has turned out
to be, and it has and people don't realize again,
like you said that before, back in the turn of

(11:45):
the nineteenth century, terriffs were the basis. We didn't have
an income tax at that time.

Speaker 3 (11:51):
Yeah, so most countries, let us think about eighteen hundred
one China, when US was emerging market, right, we were
developing country. We were turning to turn the century. So
every country in the emerging market coming out of them
say stone Age, they'll use tare off to protect the economy.
So we know different and you will stated that to
protect against the Europeans. So you know, we collect on

(12:15):
hundred and thirty millions, some figures as high three hundred million,
are close to it, but when you look at the
greater picture, three hundred billion, one hundred and thirty seven billion,
it's a drop in a bucket. Without seven eight trillion
dollar budget, it doesn't pay the interest rate for one
month for our national debts. So but it is a

(12:39):
negotiation tactic.

Speaker 1 (12:42):
And you're listening to talk with a conservative, you're tuned

(13:05):
into talk with a conservative. Were reason still rules and
free speech still matters.

Speaker 2 (13:16):
It's time to cut through the noise and get back
to what really matters.

Speaker 3 (13:19):
Let's talk, Let's get to it.

Speaker 1 (13:23):
Our calling number is seven zero two two two one
seven two eight three, or you can email us at
Twacradio Show at gmail dot com or follow us on
x at t WAC Explanation Point Radio Show on X
and we're here with our guests today, Fan Chow. And

(13:47):
so you did mention Fan that well since your last
appearance on our show on May fifth, we attended your
August twentieth event entitled Understanding the Global Economy, which was fantastic,
Like Garland said, but can you just give our listeners
a very brief overview of what you talked about.

Speaker 3 (14:08):
So part of the global economy is the globe has changed. Right,
thirty years ago, after the World War II, we industrial
our country. We were the powerhouse we could. We created
more wealth than any generation before us. And we and
the baby boomer in the in the world, in the
US with the largest consumer in the world, the US

(14:31):
baby boomer generates seventy eight trillion dollars for economy. Right,
that's how much market share and wealth they have updated
over the baby boomer year. That their generation, the generation
after them, which they kids will be the inherited the
largest value of market share ever in anywhere in the world.
So part of it is its balance about numbers game, right,

(14:53):
the merging market in Southeast Asia, Indians upcoming. Half the
world population reside there, So the projection is depend who
you look at. According to Mackenzie, by twenty thirty, sixty
percent of global trading will happen in Southeast Asia and China.
So you think, if you're manufacturer anything, you you want

(15:15):
to sell anything, so sixty percent that whatever you make
will go there? What does that make us? So in
the old day, back in the day, maybe I was
going with seventy eighty, there was a phrase in the market,
in the Capitol market, when America sneeze, everybody catches the code.
Now when America sneeze, I don't know anybody care. So

(15:40):
when you look at the global the world today is
a rund about one hundred and fifteen, one hundred and
twenty trillion dollar GDP, and we are about twenty eight
twenty nine GDP. We're about twenty five percent of that
right twenty twenty five, But we will to represent four
percent of global population. What happened with the other say
forty six percent of the global BASI decided jumping into

(16:01):
this global market consuming basis with there's how many troy
are we talking about? But we are not going to
gain that much more because we only got so many people.
So we talk about birth rate. Our birth rate drop
from five points something in nineteen fifty to two points
and a half, and the whole world between the production

(16:22):
I knew I was told back by McKenzie in two
thousand to now it's going to drop up a three
billion people difference, so that that that's affected production rates.
Production all the workforce to production, so affect the production ratio,
how much you could produce, but you have less hand.
The AI plays a key role, but AIS change to

(16:44):
anything humanically because there's always the beginning and always at
the end. To close the AI loop. Someone created AI,
someone's got right algorithm. They I might help rate faster better,
but someone's just got to initiate that. But someone got
closed end loop. Like people talked to all construction this
right now, No AI is gonna tell me how they

(17:07):
could tell me. I could turn the school driver three
time to tighten the boat. But I'm a human being.
You know I'm lazy. Today I'm doing one, Hey, I
gonna say, how come you do one? They're not gonna happen,
and then your foster league.

Speaker 1 (17:22):
So I want to give a shout out. I'm giving
two shout outs tonight and people listeners, you too can
do a shout out like our listener Loyal listener Diane
did a couple of weeks ago for her husband. But
this week I'm giving a huge shout out to Crystal
Newton and doctor Scott Gavorsky and their host of the

(17:45):
seven seventy five Live podcasts. They attended our September fourth
Conservative town Hall of North Las Vegas, and Scott even
called into our show last Monday evening. In addition, during
their recent seven seventy five Live podcasts, they mentioned our names,

(18:05):
Patricia and Garland Brinkley, They mentioned our Conservative town Hall
of North Las Vegas, and they mentioned several other attendees
at our town hall, and they mentioned this radio show.
Thank you Crystal and Scott for your support and encouragement,
and I posted the link on my Facebook pages if
you want to check out their podcast, their podcast Excuse

(18:28):
Me called seven seven Live, And again a big shout
out to Crystal and Scott call.

Speaker 2 (18:35):
In with your questions on seven oh two two two
one seven two eighty three. I'm going to say that
again and put it into your speed dial seven o
two two two one seven two eight three. Well, encourage
you to call in and ask questions of our guests. Also,
don't forget the Conservative town Hall of Northlast Vegas. It's

(18:56):
eleven forty five to one thirty at eighteen seventy Westad
in North Las Vegas. It's a no host lunch. That
means that you can eat anything you want, but you
pay for it. The next meaning we have is October second.
It's always the first Thursday of every month. Our main
speaker is doctor or Nagy, and he's actually a candidate

(19:16):
for CD three. You don't want to miss it chance
to meet him in person, ask questions and find out
what he wants to do to improve the state of
Nevada through the.

Speaker 1 (19:26):
Congress, particularly with the healthcare. And we have to mention
doctor Nagy is a brain surgeon, So make sure you
put that mark October second on your calendar. And again
seven zero two two two one seven two eighty three.
So Fan it was in the news last week that

(19:48):
Kaiser Permanente will be coming to the Reno area, and
Garland and I being former residents of California, we were
Kaiser Permanente members and we enjoyed it and come in
here and there's nothing even close to it here. What
are your thoughts on that?

Speaker 3 (20:08):
Well, it's automographic, right, a small California moving to state Nevada.
Obviously some of the critical service will follow, right, you
follow your customer. As we anticipate the current three point
three million population based in Nevada will go to five
million in about ten fifteen years. There's one hundred thousand
people per year. I would get a group percentage that

(20:30):
come from California, which is Kaiser's potential client. All exists
in client. So healthcare in the state Nevada is kind
of I wouldn't say disarray, but certainly it's disappointing. Okay,
maybe doesn't work, but definitely is falling behind the national average. Right,
So we all, I think we spoke before, we're about

(20:51):
a thousand hospitals short by population based today. What happened
when we get five million people here? Our service is
very sporad the medical treatment, we're about twenty thousand healthcare
employees short based on population based and facility base. I
think renow it is a homegrown healthcare group by Kaijer

(21:12):
coming in is let's just say on the business side,
I could grow business organically. Kaiju could come in, buy
a piece of dirt and start the start or join
a venture or acquire. So those are the easiest way
for me to expand. So you got four or five
major healthcare groom in the United States. They generally go

(21:32):
to they do some organic right where with strategicsly wright,
but it re quite a lot of money. The quickest
raised two acquisition and join the venture. And I think
this is probably one of those things. They see the
opportunity of Mount California moving it's in northern California, moving
to Reno. Hey, I probably got fifty people move there.
Those are my patient before I might get them back

(21:54):
with if I put the Kaiju name on the side
of the building. So it's up about genomic sport the healthcare.
I hate to say that, but the Kaiser two point
five every good healthcare. So I mean, so it's me.

Speaker 1 (22:05):
Now so and you know, when we moved here, we
just we were thinking about, oh, maintaining a Malien address
so we could still become members. But then to go
to la it was like a four hour drive. And
at that time there it was a Southern Kaiser, Southern
California Kaiser and Northern California Kaiser, So you either lived

(22:28):
in either were a member of one or the other.
And at that time we were Northern California members. And
so they have to drive back to San Francisco Bay
area just to go to the hospital to see a doctor.
It wasn't feasible.

Speaker 3 (22:41):
Really, well, I could. I could sympathize when I moved
eighteen years ago. I came from Braxton. My healthcare capital
is the United States. I fly back there for my healthcare. Right.
But here's the reality. So it's the healthcare system here
has a lot of issue. Just healthcare is alone, got

(23:01):
a lot of politics. The last last legislation, some very
good healthcare bill got shot down because of more politics.
Uh recently a group of us as our Construction got involved.
We want to develop a very strategic healthcare village in
Las Vegas Valley shot down. They prefer a sport complex

(23:21):
versus a strategic sports medicine district. So it's kind of like,
do you want healthcare? You don't want healthcare? Uh? So
it's in a lot of ways that I who have
the s creaked allowers wheel the streak wheels, we will
get the grease. So I guess we wasn't squeaky loud enough.

Speaker 1 (23:44):
Well, you know what, the health care is just one
aspect of it. And then you have to think about
the pharmaceutical companies and the way that they since COVID,
and this is my opinion, they you know, they pay
doctors to prescribe certain medications and that's the bottom line.

Speaker 3 (24:03):
Well, so I went to one of those healthcare breakfast
one time to talk about AI. So I probably shouldn't
say this, but since it's always about but I didn't say.
I'm just repeating soil. The healthcare service building people at
the US Healthcare Services and things like that, they have
AI system on building day, well, they kick up a

(24:26):
forty percent or the building they receive in the first round.
It's by design from an economic standpoint, that's cash flow.
I don't have to pay forty percent of my bill.
I'm holding the cash on a premium payer. So AI
is right now on healthcare is the next BIX thing
in AI because healthcare is are a huge industry with

(24:47):
very little advancement outside equipment and mythology. But the administrated
part is to old school. A lot of paper, pad, clipboard,
and pen. So a lot of AI are tied helping
the industry how to shrink that process or improve the
process that counter the insurance part of it, the pay

(25:10):
the payer, the payout to the patient. You know, some
hospital in this value they work on a one percent margin.
How many business want work on one percent?

Speaker 1 (25:20):
Mogins Well, I'm more concerned about the pharmaceutical companies and
the way that they They have a monopoly on everything,
you know, and so people cannot get the necessary treatmental
medications that they need because there's a monopoly on certain

(25:45):
drugs that they have a high price take on those
drugs and the consumer cannot afford them. And so basically
with the when you say health care, really is health
management care that they're giving people here, they're not really
giving us health care.

Speaker 3 (26:04):
It's true. So far is a huge industry. I think
in my Global economic class, I'll talk about FARMSUKO. The
industry is one of the largest lobbyists contributor to the
US Washington DC. I think it's over three billion dollars
every year in lobbying money. And you know the return
for every dollar lobbying dollary gets seventy six return. What

(26:27):
a deal, right, But the FARMSOO company since COVID and
that with Trump administration by signing ov Kate as a
Secretary of Human Human Services, I think it's creating a
little tsunami through the farmasuco bit industry. Trump is really
going to squeeze them on the price gouging on some

(26:49):
of the common drugs and something. And they all want
to got money for research. So little known to most people,
most of farm Sue company. They're they're legal legal entity
address is not necessarily United States, on UK, on europdate
in like somewhere in the Bermuda Cayman Island. So they

(27:11):
are in a business to make money. That's the first
and fore most the answer to the shareholder. Right at
they say not they're producing a product to provide better
healthcare management to individual. But when you're lobbing that hot
and spend that much money in washing DC, lobbying the politician,
it's like, you know, look's got a little doc over here. Right.

(27:33):
When there's darkness, usually there's lightning and rain. So it's
raining and I think there's a guy in the Washington
DC like to slow that down and cause a little
tsunami to the pharmacual industry.

Speaker 1 (27:46):
You know, I believe RFK Junior said that he wanted
to make sure that those pharmaceutical commercials were taken off
the air. And being a person that watches one daytime.

Speaker 4 (27:59):
Show and I see those commercials every every time there's
a commercial break, it's a pharmaceutical company, and it's just like,
get them off the air, please.

Speaker 3 (28:11):
Well, somebody's gotta pay for those commercial right, It's all
part of the costs, right, So the costs of the
drug cover all of that, the marketing, the lobbying, the
real R and D. I get all of that, and
it's part of economic a lot of politics. And you
know it's also you think of it if you look

(28:31):
at a nasty way about describing this, What better way
to generate product that you can get away from. I
get you a medicine, you're gonna be on it for
five years, ten years? Okay, you know what I said.

Speaker 1 (28:45):
It's not treating people, it's management making sure that they
take these medications the rest of their life because it's
profits for the pharmaceutical company.

Speaker 3 (28:54):
That's an economic side, right, because the CEO of the
farm Zoo company gotta answer to Jailders and all they say,
when how come I'm not making any money with my stock.

Speaker 2 (29:04):
What's interesting is that back when the ACA was passed Obamacare,
I was actually the chair of the Health Economics Committee
for the American Public Health Association, and so the ACA
was written. This was a bill that Nancy Posey said,
you have to read to know what's in it, or
you have to pass it to know what's in it.

(29:25):
It was written a one hundred percent by drug companies
and the medical insurance companies pretty much no one else,
no professionals, if you will, we're writing it.

Speaker 3 (29:36):
Well, that's why they spent a lot of money. Of
the lobbyists.

Speaker 2 (29:40):
Yep, it's obviously money well spent.

Speaker 1 (29:43):
Our call in number is seven zero two two two
one seven three callers, please call in. You're listening to
talk with a conservative.

Speaker 2 (30:17):
You're listening to talk with a conservative, which tradition meets truth.
Stay wet us, more truth, more intact, and more straight
talk coming up next.

Speaker 1 (30:31):
And I just want to do another shout out, and
this is going to our Christian family at Bright Angel
Churchill Christ and back in April fourteenth when we started
this show, we used to go on the third Monday
of every month to the Las Vegas Rescue Mission and

(30:54):
serve meals to the people there. And so for the
past the fast couple of month, we have not been
going and we miss going there. But we just want
to do a shout out to all the members that
go the third Monday of every month to serve food
to the to the individuals at the Las Vegas Rescue Mission,

(31:17):
and we miss doing that, and we just wanted to
make sure that you know that we appreciate you still
doing it and going there and doing your community service
with the with the people there. Thank you.

Speaker 2 (31:30):
Don't forget the Conservative Town Hall of North Las Vegas.
It's eleven forty five to one thirty at one eight
seven zero West Craig Road in North Las Vegas. It's
a no host lunch. The next meeting we have is
October second. It's always the first Thursday of every month.
Put that on your calendar. Our main speaker this time

(31:51):
is doctor Ri Nagy and he is a brain surgeon,
so you don't want to miss it. You can ask
me a lot of questions. He's a candidate for congres
Scial District three. Call in with your questions on seven
O two two to one seven two eighty three. We
encourage calls in. Everyone out there to call in. You

(32:11):
can always ask questions.

Speaker 1 (32:14):
And our next question Garland.

Speaker 2 (32:16):
Okay, well, there's a thing in the news recently about
Donald Trump. President Trump having the fee on H one
B visas to be one hundred thousand dollars and this
is being pushed back by some countries. They are not
happy about that, Ben, Do you have any insight into that?

Speaker 3 (32:37):
So, yeah, they imposed one hundred thousand off or H
one B visa for foreign student a foreign immigrant to
work here legally and the status and that practice has
been around for a long time. And matter of fact,
I had two employees went to that and they excel
very well. After the H one visa is over and
they got the green cot and things like that. Stop

(33:00):
fast factor one, We just don't have enough workers of
people graduate from college the major in the field technology
MAINI technology.

Speaker 1 (33:09):
Well, Well, then can I just interrupt because I read
particularly at the Disney industry that they let go of
American workers so that can bring in the foreign workers.
So when you say we don't have enough workers. First
of all, that's multi faceted because kids are not being

(33:30):
trained and educated to take on those jobs. But then
when you do have people that have the experience and
willing to do those jobs, and they're being pushed out
for the foreign workers. So explain that please.

Speaker 3 (33:44):
So part of that is work culture, Okay, main its
work culture, right. I could attest to that because I
interview college students for positions, and a lot of time
when I interviewed college recent college for position, they may
insurance about life balance. I'm looking at guys sixty some year.

(34:05):
The life balance My mom would to kick me out
of the house so fast. But when you go I'm
not saying the solutions six and visa the font. But
those farm students, they came a different background. Their goal
is to achieve something and to work, and their work
I think is a little bit different. We lost the
work I think with our reason generation of American working.

(34:27):
So we had to and that's not something you could teach.
That's a family thing, and so you had So I
talked about family and society. The more we deteriorate, the
less strength, and we have the baseline how to build
rebuild our economy, we build our community, and that's part
of the reason why they join visas. Also, a lot
of our school not majoring in math and language, while

(34:52):
some of the farm students oversea their base is all
math and foreign languages. You go pretty much eighty ninety
percent country in the world, you pretty much are running.
Some people could speak multiple language. We probably have some
difficult time running to our kid in the US could
speak English properly. I'm one of them. Okay, So when

(35:14):
you look at disparity of you and an employer, say hey,
I want protective employee. If I got to hire you
for a forty hour, I will expect at least thirty
five hour for work a little bit less water cooler taught.
Well that's not American culture, work environment. Now I'm not
to say there's no har American worker, just not enough

(35:36):
of it.

Speaker 1 (35:37):
Well, you know when we were in Europe and we
were told that most of the children there they learn
their national language, native language, and they learn English and
other languages, and so yes, we don't do that here
in America.

Speaker 3 (35:55):
Yeah, we don't. I remember when we were going up
we have the three language Spanish, French, and German. To
take one. Now, I don't don't even do that anymore.
Maybe Spanish. But back to your your question about one
hundred thousand. From my point of view, that's a political play.
It's really not about work visa workforce. It's work about

(36:16):
how to force India to come to the table to
deal with Russia. Bill India is still one of the
supposed friendly continue US still buying a law of Russian oil,
which is keep the war in Ukraine and Russia alive. Now,
you only could do so much to China, but you
could do a lot more in India. India is a

(36:37):
good counter balance for US to China in the Southeast Asia.
So we had this somewhat like don't rock the ball
too hot, but don't rock don't but don't you still
got to rock the ball, but don't rock it do it?
So the one hundred thousand, he could take that off
the book tomorrow if India say, okay, i'll buy all
from Texas, no problem, we'll take that away. I think

(36:59):
it's a tactic betting trumand ministrat in India. Prime minister
say stop by Russian law because I need to kill
that war and you need I need your help stop
funding dot walk so Finn.

Speaker 1 (37:16):
In closing, do you have any thought to comments you
want to leave with our listeners? Well, well hold that
thought and you're listening to talk with a conservative.

Speaker 5 (37:44):
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Speaker 1 (38:49):
You're tuned into Talk with a Conservative where recent still
rules and free speech still matters.

Speaker 2 (38:57):
Thanks for joining us on Talk with the Conservative. We'll
keep standing for liberty, paid, and family because America is
worth the fight.

Speaker 1 (39:06):
We want to thank our guests tonight fan Chow guests
Extraordinary on the economy and business for being with us
this evening, and we want to ask him, do you
have any final thoughts or comments do you want to
share with our listeners.

Speaker 3 (39:23):
Yeah, being a local residency, I think we should talk
about about economy. Uh, you know the latest news the
last six when we talk about the down the slowdown
hospitality business. But depend how you look at it. Right,
the casino gaming industry and hotel business off the strip
are doing fairly well. Matter of fact, Orango casino is

(39:46):
and is are we start doing their third phase expansion.
So is it really that bad or is it just
poor management? Uh? People start to forget gaming and hospitality
business is a most you know spending right, it's a
disposal income. First, you got the money to waste. Second,
you have the will to lose. Then then you come.

(40:08):
But if you charge me so much to do that
plane and without any some kind of indication, I guess
is it worth it? Then then you go lose the
customer before they come. In the old day, the CASI,
I'm not talking about day back in the rat pack,
but San Frank Sinatra, I'm not back in the nineties.
You come, you have a great time to surface. It's

(40:31):
a machline. They open the door for you, and the
doormant they open the door for you again. The taxi
they they take care of the customer and everything is
has a value, and the value from a customers that
but hey, it's pretty good. I'll come back more. Now
you don't have that gaming business. It's all emotional. It's

(40:53):
time versus money. You want that person to be on
the table on a slot machine longer. Why are you
having the minimum bit so high so the average show
can win? Okay? And end of the game. You got
a penny machine right now, something like ten dollars a pole.
Back in ninety they would like three dollars that you
rarely see a three dollar pole. Now it's like six eight.

(41:16):
But your you ain't come not exactly triple since the
ninety How can I afford it? So I'm just gonna
put one hundred bucks. But hundred buck now you get
ten spin. Well, twenty years ago one hundred bucks, you
get twenty spin. Right, So psychologically you think you got
a chance to win. So when you get that positive
energy to the to the customer, they're gonna say it's

(41:39):
worth it to come back. I think I'll get lucky
next time. I'll get lucky in the next hundred bucks.
But you get a guy two chances, he said, I'm
not getting lucky. I'm done. So you have to create
a value. I mean some of the hotel right now,
they even they charge you the room rate, the resort feed.
When people don't go to the pool, don't want to
use the resort, and then pocket fee and they don't

(42:00):
want to come clean the room, you have to call
them say hey, can you turn down my room? And
you're supposed to be a five style service. If you travel,
anybody travel on the world, you're going to five five
style hotel. You know that's not a service. Uh So
we have to create better value. Now. Is that that
mean low order prices? Not necessarily, but you've got to

(42:22):
have something to equate to the money you're paying. Right,
customers are very smart and the the economies that we
can be relying on hospitality all the time. Right, Everything
have a life cycle. You could keep it going, but
you're not gonna last whatever. So Nevad it's getting to
the technology business matter. I was in the conference with

(42:42):
the Lieutenant Governor. He's welcome data center. Data center's getting
a lot of pushback in law of state because you
use a water pout and everything. Guess what, nobody has power? Okay,
I think in my global forum I mentioned that according
to XRA Mobile, we need seven trillion dollar worldwide just
to build a transmission line to move power. Around seven trillion.

(43:06):
That's almost twenty five percent GDP just to move power.
Forget about adding power. But we Nevada as a whole
can be their technology hup. There's a lot of money
in Paula Auto for venture capital for technology startup, major player,
but they can't scale up because it's so expensive to operatord.

(43:27):
We can, we could accommodate that. We are planning at
bom Land Bom just approved the high the fiber optic
high speed why for four hundreds of miles to cover
northern Nevada. Well, that's going to attract the data center people.
Every one of those buildings are two billion dollar deal,

(43:47):
so we could convert into that. We will get some
of that momentum. So we could add a different level
of people work here, live here. That will change our
landscape in both our community and society, from school, from healthcare,
and we'll offset some of the hospitality and the other ding.
We have a great sports style. We have one major

(44:08):
sports and not here that that's MBA. But guess what,
there's another sport on the horizon and discussion that might
become possible that's even bigger than any major sport in America.
So we are You've always changing, But I think that
people managing that line of business need to understand the
emotion behind the customer because there's no rhyming reason for

(44:32):
anybody come here and lose all the life saving Thank.

Speaker 1 (44:35):
You fan, and we just want to thank our loyal
listeners who tune in each and every Monday at seven pm.

Speaker 4 (44:43):
To each of you.

Speaker 1 (44:43):
Thank you God, bless you God, bless Our guests, Fan child,
and God bless America. After a peta how brother can
do fer mona can pastling

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