Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
And he's going to continue to grow into that. We
need him to be great moving forward.
Speaker 2 (00:03):
We'll talk more about them in just a bit, Okay,
Joe Lincoln, let's bring in Senator Ran Paul joining us now.
Speaker 3 (00:08):
Senator welcome, Hey, Jerry, thanks for having me.
Speaker 2 (00:12):
I know you know enough about Kentucky to know that
you can't interrupt the story about the Kentucky Wildcats getting
a victory.
Speaker 3 (00:18):
Heaven forbid when I ever try to get in front
of the UK news that's that would be awful.
Speaker 2 (00:23):
And you know your Western Kentucky Hilltoppers are healthy too.
They're going to go They're gonna be fine, They're going
to a bowl game. It's a big year.
Speaker 3 (00:31):
Yep, and we're excited for him.
Speaker 2 (00:33):
All right, good to have you back on. I know
that you've introduced a health marketplace and savings account for
all this has to do. I'm sure with the insurance
companies who seem to be making some profits over the
last eleven years they've tripled revenues from five hundred and
eleven billion to one point five trillion. That seems to
(00:55):
be something that stands out and catches our attention as
we try to a medical bills.
Speaker 3 (01:02):
Yeah, I'm not against profit, but I don't like it
when the government subsidizes billion dollar, trillion dollar companies. I mean,
why would the government be giving money to these incredibly
successful companies. But you know, Obamacare hasn't work. We've been
doing it for about fifteen years, and President Obama said,
if we do this, we'll drive prices down twenty five
hundred dollars a year. Instead they have been going up
(01:23):
twenty five hundred dollars a year. I mean, the curve
on health assurance premiums is almost straight upwards. Every time
we give more subsidies, the premiums go even higher. So
it just isn't working. So that I propose I've been
talking about for a while is to let people in
the individual market. This is about four percent of the
public is on Obamacare, so it isn't a huge amount,
(01:44):
but four percent of the public. You know, they work
for themselves, they have a small business, or they don't
have insurance at work. They have to buy their own
and they don't have much leverage to get a good
price because they're in the individual market. What I'd like
to do is let every individual in America join a
buying co op or a buying collective and get a
group plan. So what would happen is if you're an
(02:05):
accountant and have three employees, instead of being a pool
of four, you might join costco that has forty four
million members and one person would negotiate for all forty
four million. So what would happen is, instead of you
getting from the insurance company, take it or leave it,
here's your premium charge, the man or woman in charge
of the buying co op would call up United and say,
(02:25):
I've got forty four million. I want to talk to
the CEO. The CEO would sit down with them, and
I guarantee you get the best price in the land,
because you'd be bigger than UPS or Toyo to our
general motors. You'd be bigger than the biggest corporations in
our country, and you'd have the leverage to drive down prices.
And this doesn't cost the taxpayer anything. All we have
to do is legalize this. We have to change part of
(02:47):
some labor law called ARISA and allow any individual wants
to to join a group to buy their insurance.
Speaker 2 (02:53):
That's pretty fascinating. How much friction do you think you're
going to find trying to move this along.
Speaker 3 (03:00):
Well. The interesting thing is is I talked to Donald
Trump about this in his first term, and he created
an executive order try to do it now. The Democrats
sued over it and they stymied us in court. But
I talked to the President again a week ago and
he says he's still for the idea. The House is
putting together their package, and I think they're going to
put a version of what I'm for in their package.
(03:20):
We're trying to get them to put the best version in,
but they will. The Senate haven't been as successful. All
my colleagues said, great idea, great idea, just sit down
now and we'll think about it on another time. So
they're going to do in the Senate, I think a
terrible choice they're going to do. We can either extend
the Obamacare stuff straight up for three years it costs
about forty billion a year, or you can take your
(03:43):
Obamacare subsidy and stick it in a hell savings account.
To me, that's sort of a distinction without a difference.
I think the Republican plans Obamacare light and still cost
the taxpayer money. My plan for the hsays the health
savings accounts is to let everybody have one. Right now,
only ten percent of the people have an insurance plan
that lets them have an HSA, and I think HSA
(04:05):
is used properly are amazing. Like I've had three kids
with braces. Orthodonics is expensive and I've done them all
with pre tax money in my health savings account. But
people who don't have that are at a big disadvantage,
you know, for very expensive treatment. I would also let
you use your health savings account for gym membership and dieting,
because I think those are two big problems we face
it on. And I would let you put your buy
(04:28):
your premiums out of your health savings account too. So
my plan once again expands the law let you do
more stuff, but doesn't have any direct taxpayer money in it.
So mine is what I think is the free market.
I'm trying to enable capitalism to work in healthcare the
way it works for television sets, iPhones and everything else
capitalism is working. Why doesn't it work in healthcare because
(04:51):
we've made it illegal in many aspects of healthcare.
Speaker 2 (04:54):
Are these conversations going on that you just reference with
the other people who are looking at other things. Is
this the promise that was made to keep the government open.
Speaker 3 (05:02):
Yeah, the vote will be The promise was to give
them the vote. The promise wasn't to give them a result.
So I think what's going to happen is all the
Democrats will vote to just extend the subsidies, realizing that
the subsidies go to people making up to six hundred
thousand dollars a year. I'm not kidding. You can get
a subsitty for your health insurance under Obamacare if you
make six hundred grand a year. Nobody in Kentucky thinks
(05:25):
that that you're a poor person. If you make six
hundred thousand year, it goes. People making one hundred thousand
dollars a year, which is still a good living in
Kentucky making one hundred thousand dollars a year get thirteen
thousand dollars subsidy for their insurance. So that's just not right. Look,
we can take care of the poorest among us, those
who are disabled, those who can't work, those have a
bunch of kids and have to watch the kids. We
(05:46):
can take care of those people, but we just can't
take care of people making one hundred grand a year.
And it's insane to offer that. So my plan doesn't
offer money. It offers more plans and the advantage of
joining a big group so you could bid prices down.
Speaker 2 (06:05):
Makes sense. I know a lot of things about you
from over the years, but two things you are loyal
to are fest of Us. Have you celebrated yet or
is that coming up?
Speaker 3 (06:15):
That's coming up? You caught it. We're preparing for it
December twenty third, Okay, famous for the celebration of the
pagan holiday Festivus.
Speaker 2 (06:23):
Indeed, the other thing that you do is always release
a port about the fire hose of money that we
spray all around the world doing all kinds of crazy things,
and you're always asking why are we doing this? So
I know you released a new report revealing hundreds of
billions in taxpayer funded payments to domestic and foreign banks.
What is that about?
Speaker 3 (06:42):
Yeah, this is really insulting when you think about it.
One hundred and eighty eight billion dollars last year was
paid to the richest banks in the entire world. Forty
percent of it went to foreign banks. About thirty or
forty percent of it went to just five banks in
New York. These are all banks that the CEOs of
these banks make hundreds of millions, which you know, that's fine,
(07:04):
that's their business, is their own money, but the Federal
reserves should not be paying them money not to loan it.
So basically, if they keep their money at the Federal
Reserve and don't loan it, they get paid about four
four and a half percent. Well, that also means that
if the Fed's going to pay you four and four
and a half, they're not going to loan it to
anybody in America for less than that. Why would they
(07:24):
loan it for less than the federal pay them, So
it becomes a floor for interest rates. You know, President
Trump has wanted lower interest rates. One way to get
lower interest rates is to quit paying banks to keep
their cash idle at the Fed. So this is a
double good good good plan in the sense that the
interest money we're paying the banks won't be paid to them,
(07:45):
and then there will be an incentive for interest rates
to come down and an incentive for these big banks
to loan the money to the private sector, not just
to the government.
Speaker 2 (07:54):
Or speaking with Senator Ran Paul, I want to bring
up this topic again because it's expanded, and that's the
concept of blowing up these so called drug boats offshore,
and now we're talking about survivors that are taking out
all this. So what is your latest impression from our
governments taking out what they're calling drug dealers. Other people
(08:15):
are saying they're fishermen.
Speaker 3 (08:17):
We've had this long standing rule in our military, in
our engagement, even in times of war, if someone is
parachuting from a plane, if we shoot down an enemy
plane and the pilot is parashooting down, we don't shoot them.
If we blow up a ship and there are stragglers
hanging to the wreckage, we don't go up with a
nine millimeter pistol, put it against our head and shooter.
These are wars, the laws of even of war. There
(08:39):
is some civilized nature even of war when we're trying
to kill each other. So now we have a situation
where they've declared a war on people smuggling drugs, who
have been accused of smuggling drugs. But here's the deal.
It's not exactly like most wars. These guys aren't even armed.
I'm not saying they're innocent fishermen. Some of them might
be about one in four boats that the Coastguard boards
(09:01):
doesn't have drugs on. So there's a twenty eight to
twenty five percent air rate. And if you're okay with that,
if you're okay with killing people when you might be
wrong twenty five percent of the time, that's one thing
really didn't allow these follow on strikes, even in times
of war. I haven't yet seen the video, but I'm
pushing for them to release the video. I think that
(09:21):
a lot of minds will change when they see people
clutching wreckage. The boat's blown in half, it's upside down,
And for people to argue with a straight face that, oh,
they're still attacking America. Look at them attacking America. They
could call for help. There's a chance that you get here.
They're drowning. Most of the other guys were blown to
smithereens and drowned. These guys are going to drown in
(09:44):
the next thirty minutes, probably if they're not eaten by sharks.
But nobody in the right mind would go up there
with a pistol and shoot them in the head. We
wouldn't think that was okay. So how can it be
okay to just push a button thousands of miles away
in an air conditioned room and blow them up. I
think it's immoral, but I think it is also illegal
according to our own military law. And you know, I
(10:07):
think people need to think this through before making a
quick decision that, well, they're bad people, so they should
be killed. Look in Louisville, there are people who deal
drugs and are bad people. We might even know that
there's a crackhouse on a certain corner, but the police
don't go with the grenade launcher and just blow it up.
It's difficult work, but the police go over there and
arrest them. Then we try it. We even let them
have an attorney. Even the worst among us get an attorney,
(10:29):
just because that's who we are, you know, as the people.
But I don't know, I'm very disappointed in what they're
doing with these blowing up with the boats.
Speaker 2 (10:38):
You have reference President Trump a couple of times. Your
friendship is obviously still solid. I guess it's on solid ground. However,
you are aligned with Thomas Massey, who seems to be
the arch enemy of President Donald Trump. I know that
your buddy jeff Yass is now saying they're going to
pump millions more into boosting Thomas Massey's campaign against Donald
(11:00):
Trump's hand pick candidate Ed Galryan is massy on solid
ground now now that he's got enough capital behind him.
Speaker 3 (11:11):
You know, I traveled with him in September. We made
about eight or ten stops in his district. We had
big turnouts everywhere we went, enthusiastic crowds. I think people
really do like Thomas. I mean the common thing we
would hear is well, agree with him on everything. But
he's principled, he's sincere. He grew up in a very
small town in Kentucky. I mean he's thoroughly He's Kentucky
(11:33):
through and through. But then was just the smartest kid
in a little rural town and got a scholarship to
MIT and was very successful. His wife went to MIT,
and so you know, I hope he does okay, because Look,
I like Donald Trump. I'm friends with him. I've played
golf a couple dozen times with him. He still communicates
with me. We text back and forth. But I don't
(11:55):
think that either either he or me or anybody else
should be a monolith that everybody has to agree with me. Look,
we've got a big Republican party in Kentucky, but if
you ask people in the state legislature, or most people
are elected in Kentucky, whether I call them up and
tell them what they need to believe. I'm very much
hands off and actually very complimentary of our state legislature
(12:17):
because I loved what they did on emergency powers to
this year. I loved with the lovering of the income tax,
and I love the fact they have a great rainy dayson. So,
I mean, there are a lot of great successes. But
I don't try to tell every Republican in Kentucky that
have to believe everything I do. I try to do
my best. I think Massey is a good representative, and
I'm going to try to do everything I can to
make sure he wins. Yeah.
Speaker 2 (12:37):
The reason I ask is because obviously you're going to
become senior senator here in Kentucky, and it's important that
the president who's going to be in office for several
more years is friendly with us. I mean, it's just
a better situation. So you and President Trump are still
on friendly terms. It's like an elephant in the room.
You don't talk about this campaign.
Speaker 3 (12:59):
It's sort of like recognizing the president, you know, comes
from New York, you know, and they're a little bit
different than New York. Let each other. They scream at
each other and then they sit down, they break bed again.
So you know, we're the South, and in the South,
we don't We're a little nicer at least on the
service to each other. So we do have we go
(13:19):
around and we don't always agree on policy. But you know,
none of it is dislike of the President. I like
him personally. I like a lot of his ideas for
not doing regime change. I'm trying to convincing that we
still should not be for regime chain, but we have
a lot of things in common. And you know, the
comparison between him and Biden, or him and Harris Night
(13:41):
and Day. I'd support him all over again, but I
think it's not It's better not to demand one hundred
percent loyalty on every issue, because then we don't have
anybody thinking for themselves, and really not everybody's right on everything.
I'm I hear from Republicans sometimes who want to give
me a piece of their mind, and I listen to them.
I listen to everybody trying to do what's best, you know,
(14:01):
for Kentucky.
Speaker 2 (14:03):
Last thing for is Senator Paul It is two weeks
to Christmas. Have you gotten your wife or present yet
or presence.
Speaker 3 (14:11):
Do you think if I announce it on the air,
you won't hear about it?
Speaker 2 (14:14):
Will tell me you've been thinking about it? Just say
that anyway I have.
Speaker 3 (14:19):
I am nothing if not an incredibly great husband, a
great wife. Great is maybe the best wife in all
of Kentucky.
Speaker 2 (14:28):
To make sure of that, I hope so great. Talking
to you again, Senator, Thanks, Terry, Merry Christmas. See you
and as Senator Ran Paul Live and we're backing a
few on news radio waight forty whas.
Speaker 1 (14:40):
Do you own a small business? A seismic shift is coming.
It's time to get super short coming soon. There are
moments in every life where only the best we'll do.
Introducing Davis Lucks. I'm Hank Davis Ashley, and I are
proud to introduce Davis Lucks.
Speaker 4 (14:55):
Davis Lux is our curated collection of truly exceptional find
jewry pieces and selected from the finest jewelry artisans, diamond
cutters and craftsmen in the world.
Speaker 1 (15:05):
Davis Lux pieces are created with only premier cut, color
and clarity diamonds and the finest colored gemstones.
Speaker 4 (15:11):
Only using the highest quality precious metals white yellow, rose, golden.
Speaker 1 (15:15):
Platinum, exceptionally crafted to be the very best of the.
Speaker 4 (15:19):
Best, from diamond classics including tennis bracelets, revere and necklaces
and diamond studs.
Speaker 1 (15:24):
To exquisite colored gemstones and bespoke one of a kind
pieces and jaw.
Speaker 4 (15:29):
Dropping statement pieces from two to twenty carrots.
Speaker 1 (15:33):
Davis Lux is timeless, elegant, generational jewelry.
Speaker 4 (15:37):
Come get all you deserve Davis Lux this Christmas at
Davis Jewelers.
Speaker 1 (15:41):
Where extraordinary care means extraordinary jewelry.
Speaker 2 (15:45):
WAMZHD two Louisville.
Speaker 5 (15:49):
West found on the Gene Snyder. It's an accident approaching Billtown.
A fifteen minute to lay back from sixty four East.
Found on the Gene Snyder. Another accident at new Cut
Road that's got the right lane blocked off right around
the construction zone where the left lane shut down between
National Turnpike in sixty five that adding extra delays. And
Lexington Road accident at Shelbyville Road. If you spot traffic problems,
(16:13):
call the traffic tip line at four seven nine two
three three seven Our next report in ten minutes on
at He's that like news Radio eight forty WHS.
Speaker 6 (16:22):
HI thoughts with the updated forecasts I'm walk whye. Chief
Mitiologist j Cardosi, Well, the colder weather is now starting
to spell back into the region. Temperatures will continue to
fall back through the thirties the rest of the late afternoon,
and there could still be a few very light rain
even snow showers drifting through the outlook for tonight, cloudy skies,
a few flurries every so often as we settle back
(16:43):
to near thirty tomorrow, a lot of clouds, basically dry,
mid thirties, and then we'll get a chance for some
light accumulating snow in here on your Thursday night. That's
your forecast on WLKYE. Chief Mitiologist jcrdos use.
Speaker 7 (16:57):
Radio Wait forty WJS Louis Bill an iHeart radio station
guaranteed human. It's four o'clock, cloudy, sky's forty degrees, I'm
bowl miles. Authorities have identified a Kentucky State University's student
(17:19):
who was killed in a shooting on the Frankfurt campus.
John Shannon with the latest.
Speaker 3 (17:24):
The Franklin County Corners Office has identified the victim killed
after