Just Another Manic Monday

Jim doesn't like the President monkeying with market conditions, protests in Minneapolis and Iran, and an app to tell people you died -- just part of what we're dealing with this morning to start the week!

Episode Transcript

Speaker 1 (00:00):
I'm Scott Forhees. This is Nebraska's Morning News. We start
off in this Monday morning Jim Roses here, Craig Evans
as well as I mentioned a moment ago, Lucy Chapman
out today not feeling well. I know she's gonna blame
Jim Rose for getting her sick, but at no point
where you guys really in the same room at the
same time. Lucy stays as far away from us as possible.

(00:20):
That's just due to the logistics of where all the
microphones and scanners are. Also the restraining order. So, Jim,
you're sounding better this morning. I'm glad we got you
close to one, but you need to tacked up for
the playoffs. We had a comment a moment ago that
I think bears a little further explanation. I'm sure a

(00:40):
lot of KFAB listeners started off this Monday morning going,
what did Jim just say? You know, the president when
the president does things to see take the Dow go to.
First of all, the stock market has done great over
the last year since this president has been in office.
What did the president do it caused the stock market

(01:01):
to in pre trading today, Well, it's take a little
bit of a dive in between threatening to take Greenland
and bombing Iran, he all said all the time. He's
also announced a plan to get the credit card companies
to force the credit card companies into a cap on
interest rates at ten percent. And as you know, interest
rates on credit cards are twenty five to thirty percent

(01:22):
in some cases. Then typically that's because it's for the
high risk borrowers. It's not for the people to pay
off their ballots every month. It's for the people who don't.
And this is one of the.

Speaker 2 (01:32):
Reasons why they have massive, massive profits. Well, he believes that,
and this is a Look, it's an election year, okay,
not for him, but for his party, and he's trying
to find a way to get out to the folks
to say, hey, look, I hear you. You know, I
feel your pain. And one of the issues is credit
card debt. We have well over a trillion dollars of
credit card debt in this country, and the big credit

(01:55):
card companies just rake it in. Now. One of the
things that they don't ever really talk about is how
many people default on credit cards and the credit card
companies are stuck holding that bag. But he believes that
we should cap credit card interest rates at ten percent,
and that has sent American Express and a whole bunch
of other publicly traded credit card companies in the market today.

(02:17):
I don't think that the government should be telling the
credit card companies one interest rate to charge. If you
don't want to pay thirty percent, then don't borrow the money,
don't use the card. But this is one of the
things the president wants to do. Last week he saw
he instigated a very significant use of Freddie and Fanny,
the big government backed mortgage processors, Fanny May and Freddie

(02:40):
Mac to buy two hundred billion dollars worth of mortgage
backed securities so that we could lower mortgage rates, which
would do that. It would also drive the price of
houses up because right now we have a supply problem.
So what he's doing is applying temporary fixes to significant
problems that will cause bigger problems down the road.

Speaker 1 (02:57):
He's trying to get some of these big national corporate
we'll buy your house, stop buying so many houses because
they drive up the price flank so many you know,
young couples trying to get their foothold into that American
dream of home ownership.

Speaker 2 (03:11):
You know. The other thing, and I'm okay with that,
but don't be but don't be buying up government backed
mortgages because just because you want to lower the mortgage rate,
that's actually we'll have a counterintuitive problem because again prices
will go up. We have a problem with supply. The
big issue today in the American housing issue is not price,
it's supply. We don't have enough because we had a

(03:34):
housing stop for about five years. Housing builds stop for
about five years. I'm not going to sit here and
predict the markets. If I could do that with any
degree of certainty, I would be doing that. But my
recollection of Trump history as it relates to things he
does in the market response. When the stock markets go

(03:55):
down a little bit, and as Jim pointed out a
moment ago, each of the major indo season the pre
trading is down, Dow is down three hundred and sixty
two points, Nasdaq's down about two hundred and twenty five,
it doesn't mean that that's the way it ends the day.
So much of this fluctuates on an hour by hour
basis rather than month by month. You know, big thing.

Speaker 1 (04:18):
But the other deal here is that the Department of
Justice has opened up a criminal investigation into the Chief
of the Federal Reserve, Jerome Powell. That's according to Jerome Powell.
He says the doj Trump's administration is after me, and
I'll tell you what that's all about. At least the
assertion here after traffic, weather and a news update next

(04:41):
here on Nebraska's Morning News. Started off this morning reacting
to Jim Rose's assertion that the president is doing things
to drive down the markets. The President's doing things. The
market response right now is each of the major indices
is down in pre trading. Stock market. Wall Street doesn't
open up for a couple more hours. But a lot

(05:02):
of this I think has to do with According to
CNBC anyway, the Jerome Powell Federal Reserve Chief Jerome Powell video,
he came out and said, yeah, Trump's administration and the
Department of Justice is probing me, and it's not as
much fun as you might think it might be. He says,

(05:25):
they've opened a criminal investigation into me. Now you immediately think,
because President Trump has been saying like Jerome Powell's got
to go. He needs to lower this rate, he needs
to lower that rate, He needs to act quicker, and
all that stuff. You immediately get the idea that Trump
is trying to get him out by any means necessary,

(05:47):
and now the DOJ has opened up a criminal investigation
into his handling of the Federal Reserve. That's the ideas
I think some people are getting. That's the idea that
people are putting forth on social media. I think that's
kind of the tip that Jerome Powell is giving. And
of course the media is running with the depending on
what channel you look at. But that's not what's going on.

(06:11):
This has to do with his testimony to the Senate
from this past summer about a project to renovate the
Federal Reserve's headquarters in Washington, DC and how it started
ballooning out of control. It does I get now a

(06:31):
two and a half billion dollar renovation project to the
Federal Reserve, and I don't. I've never been to the
Federal Reserve. I can't admit that I know exactly what
they do there or that why they need two point
five billion dollars in renovation to their headquarters. I mean,

(06:53):
if this guy, Jerome Powell is essentially the man at
the Federal Reserve and he puts his wet finger in
the air to see which way the economic winds are blowing,
and makes a decision on interest rates from there. I
don't know why he couldn't do that from home. That
seems like an email, but I imagine it's probably a
bit more detailed than what I just characterized it as.

(07:16):
But this doesn't have anything to do with how he
handles the interest rate policies that the President has such
a problem with. Plus he's he's already said that he's
not going to stay on too much longer. His chairmanship
is up in mid May. He can remain on the

(07:39):
board for a couple more years and we'll see what
happens with all that. But this has to do with
the renovation of the headquarters, and they didn't like his testimony,
So the DOJ has opened up a criminal investigation to
see what's going on here, and he says, well, they're
coming after me, and this the threat at the consequence

(08:02):
of the Federal Reserve setting interest rates based on our
best assessment of what will serve the public rather than
following the preferences of the President of the United States.
So of course the media goes running over to President Trump.

Speaker 2 (08:14):
Mister President, mister President, mister.

Speaker 1 (08:16):
President, what do you think about this, He goes, I
don't know anything about it. I've never heard about it.
Whether or not that's true, I don't know. He did
say at that, he says, Powell is certainly not very
good at his job, and he's not very good at
building buildings. So that's the president's assessment of Jerome Powell.

(08:39):
We'll let the DOJ handle all of this. Certainly, the
markets are like, what is going on? The Trump administration
has filed a criminal charge against the head of the
Federal Reserve. YEP, that's how we're starting off this Monday morning.
I may or may not know what I'm talking about,
which is always a good blanket statement before I start

(08:59):
any convert stational point, I admit, but it seems like
throughout my entire life, you know, they go back fifty years.
Every five to ten years or so, we are seeing
scenes of young people in Iran and they're burning the
Iranian flag or they're burning the Ayatola in fi Gy
or whatever, and they're saying, we want freedom, we want

(09:21):
blue jeans and McDonald's and fried chicken, and we want
freedom and we and then America looks at him and says, hey,
we're we're right there with you young people of Iran,
you freedom fighters.

Speaker 2 (09:32):
You guys are doing the best thing.

Speaker 1 (09:34):
And then the Iranian government sends out their military and
goes out there and wipes out hundreds of these protesters,
quelling the protest pretty quick, and then they all kind
of go back to whatever existence they had before the
latest uprising. And it seems like we're on that cycle now,

(09:56):
as happens every five to ten years or so. I
feel absolute awful for these freedom loving people in Iran
who say, look, I sometimes we have internet, whether it's
the government allowing us to have it or Elon Musk
with the starlink, we have internet and we see what
happens outside the nation of Iran and it doesn't look

(10:17):
that bad, and could we have some of that here?

Speaker 2 (10:20):
And then the.

Speaker 1 (10:22):
Strict Islamic fundamentalist government of Iran says, you're gonna take this,
and you're gonna like it, and sometimes they don't like it.
They're talking about upwards of five hundred people, Jim Rose,
who have been killed. I heard the number was two thousand,
Well it certainly could be more than that. At least
ten six hundred people have been detained over these protests

(10:44):
that have been stretching out now and getting worse and
worse over two weeks or better and better, depending on
how you look at it, and it could be up
to two thousand. It's hard to get news out of Iran.

Speaker 2 (10:54):
Shut off the Mulah, shut off the internet. Now, elon
Musk and roll in there with Starlink and kicking back
on if he wants which I think the president's asking
him to do that. The challenge, of course, is what next,
let's say. And Lindsey Graham was very brazen on Fox,
as he usually is Fox Sunday Morning Futures, Yesterdady. He said,
we need to go in there and kill that guy. Okay,

(11:17):
we kill that guy. So we're now into assassinations. The
CIA is now an international violation of law by assassinating
heads of state. Okay, all right, but I don't like
the idea of the Shaw's family getting back in charge.
Our old friend, the Shaw of Iran was one of
the worst human beings on the planet when he for
all those years ran Iran. Now he was good for

(11:38):
the United States, he was a puppet of the United States,
but he was a brutal dictator who just just just
purged the country of wealth and killed his tortured and
killed his political enemies. He cracked down on dissenters and
everybody else there. You don't want that Pilavi family back

(11:59):
in chards of Iran. But here's Fox News interviewing the
son of the Shavaran saying, yeah, I'd be happy to
go back and run the show like old, like my
dad did. Yeah. Okay, Well that's not a good idea.
We need to not have this rhetorica. We need to
kill that guy. No, we don't need to let them
do this. But they can't get it done. And this
is they don't have guns.

Speaker 1 (12:20):
This is a cautionary tale to everyone here in America
that says, I don't know why we need the Second Amendments.

Speaker 2 (12:25):
Second Amendments.

Speaker 1 (12:26):
You know, it's not meant to have people be able
to rise up against their government. Look, no one wants to.
Well that's not true. There are a lot of people
that want to rise up against our government, depending on
who the president is.

Speaker 2 (12:37):
But the reason why we have one of our one
of the.

Speaker 1 (12:41):
World's biggest army armies, which is the the armed citizenry
of the United States of America, is so we don't
end up like these freedom loving protesters in Iran who
just get mowed down because all they had to defend
themselves are you know some bread that the government let
the butter knife?

Speaker 2 (13:01):
Yeah, Now that's the other issue. Because the government cracked
down on weapons. You're right, the citizenry is not armed.
They can't defend itself, so they can't organize and rise up,
which you know, it's just a negative, negative, dreadfully awful place.
But you know, going in and taking out their nuclear
program is one thing, and the whole world was kind
of happy about that, But going in there and assassinating

(13:24):
the president of the country is not a good idea.
We should not be doing that. It gives us a
bad brand and it doesn't solve the problem because again
it's it's like Colin Powall said in Iraq, you break it,
you own it, right, okay, And if we break it,
then we own it. And that's regime change, and that's

(13:45):
interfering with regimes. And the United States of America does
not do that. We protect our interest. What about Venezuela,
That was a criminal act. It was not the toppling
of the government. That guy was a criminal and that
was a law enforcement action. That was not a regime change,
because the vice president is in charge of Venezuela. But

(14:07):
that guy, he had lots and lots of criminal charges
against him, and we simply brought him to justice. But
we didn't overthrow the government. I know a lot of
people say, Jim, that's a distinction without a difference. I
would tell you it is much like the same people
who looked at the video in Minneapolis and said that
was a murder and somebody else said, no, it wasn't.
That was an ICE agent defending himself against someone using

(14:28):
a car to kill him. Okay, we have the same video.
We have two people looking at the same piece of
video coming up with diametrically different Yes.

Speaker 1 (14:37):
And if you haven't seen the video from the bodycam
perspective of the officer who fired the shots, showing him
standing in front of the vehicle as the friend or
wife or whatever of the drivers like drive drive, you know,
and she drives directly into him, and then you should
probably take a look at that. Because I still saw

(14:58):
lots of narratives on social media going this woman just
dropped her kids off at school and then she ended
up in the middle of this thing, and she didn't.
She was confused, and that's not what happened. I'm not
saying and I'm glad she's dead. I'm not saying that.

Speaker 2 (15:11):
Did you see the TikTok video of the two of
them mocking the Charlie Kirk murder? I heard about it.
I haven't seen it. I saw it. These two people
who are dreadful human beings because of that, were mocking
the assassination of Charlie Kirk. Yeah. Wow, it's funny how
things come around.

Speaker 1 (15:28):
Yeah, I did see the meme, you know, and just
like that. You know, Democrats don't think it's funny to
get shot in the head anymore.

Speaker 2 (15:34):
You know.

Speaker 1 (15:35):
They certainly did, and not all Democrats certainly. But you know,
these two professional objectors, and that's fine. You can stand
there on the sidewalk and you can flip iyes off
and do whatever you want. You don't get to drive
a car into them. And I still i'd like to
hear a toxicology on that driver, what she was on,

(15:57):
why she thought any of this that behavior was at
all worthwhile. But we'll have to wait on that. As
far as iron goes, we're watching that. Of course, the
markets get a little skittish when you see uprisings around
the country, and the Trump administration has a Department of
War Policy that is FAFO, and the President is not

(16:19):
ruling anything out, which he shouldn't and never does. But
that's what is also kind of responsible for the markets
down pretty big here in pre trading. Still got a
couple almost two hours to go until the stock markets
open up.

Speaker 3 (16:34):
And The top ranked app in China's iPhone app store
is called Are You Dead Yet? Costing the equivalent of
a dollar. It features an oversized green button for users
to check in daily and an emergency contact to alert
if you don't Corney Donahoe Bloomberg Radio.

Speaker 1 (16:49):
Wow, all right, thank you for that one, Courtney don
know Ho. Good morning, Scott Voorhees here, Jim Rose as well,
Craig Evans. Lucy Chapman not feeling well. At least she's
not in New York City. I'll explain that in just
a moment. Thank you so much for being with us
on News radio eleven ten kfab your first opportunity to
put a grand in your hand.

Speaker 2 (17:09):
That's right.

Speaker 1 (17:10):
The cash contest is back, a chance to win a
thousand bucks coming up at five minutes past every hour
from your first opportunity at eighth five this morning, just
under an hour from now through eighth five PM during
the Glenn Back Show right here on news radio eleven
ten kfab listen for that keyword.

Speaker 2 (17:27):
I'll tell you what to do with it.

Speaker 1 (17:29):
Right here on Nebraska's news, weather and traffic station, Courtney
Donahoe just reported that one of the top apps is
a button that you press every day to let people
on that contact less list know that you're not dead.
So I guess the idea is every single day pop

(17:50):
and probably get a notification on your smartphone. It says
are you dead yet? And then you click no, yes
you are dead. Then I presume you click yes and
throw everybody for a loop.

Speaker 2 (18:05):
How did they do?

Speaker 4 (18:06):
So?

Speaker 1 (18:06):
If you click no, I'm not dead, then everyone on
your contact list says, oh, okay, we just got the
notification from Danny. He's not dead yet. And if they
if you don't check in, then I guess people start
calling the police going do a welfare check on Danny.

Speaker 2 (18:23):
He's dead. I just know it.

Speaker 1 (18:25):
It couldn't possibly be that his phone ran out of juice,
he lost his charger, forgot to put it on the
charger overnight, got a way for it to charge back up.
Maybe he just didn't get the notification because there are
too many notifications built up. And now you've got police
coming over and hey, Danny, you dead yet? Is this
really what we've come to? I know I'm a terrible parent.

(18:48):
My wife and kids tell me this all the time.
But I don't have the stuff on my phone that
tells me where everyone else on my phone network is
at all times. What's that lie three sixty or whatever
it's called. I don't know where my kids are. I
think my son is probably getting ready to leave the
house right now. You got to scrape your windshield. Son,

(19:10):
you got some frost on the windshield. You got to
take a few extra minutes to go out there and
scrape the windshield.

Speaker 2 (19:14):
You got to get to school.

Speaker 1 (19:16):
And I think I know where everyone else in my
family is, but I don't have that notification on my
phone that I can go on there and find out
where they all are at all times. Now, my wife,
she sees that as sport. She's always just mindlessly as
I where are the kids? And look? I suppose that's
good parenting. I don't know I kind of like the
idea of raising my kids to where when they go

(19:40):
out for the weekend, when they're out with their friends
on a Friday night, I kind of like the idea
that we've raised them and let them off into the wild,
so they have to make good decisions and be able
to check in if they're gonna be running late, and
not just have everyone rely on Well, I got the
app on my phone. I can find out where everybody is.
And in case you're wondering, No, my wife can't know

(20:05):
where I am at all times. She knows where I
am at all time. I am either at work or
on the golf course, or I'm by her side. Outside
of that, I don't I'm not on the network gym
where she can check and see where I am all
the time. I don't want I don't want to be
on the grid.

Speaker 2 (20:21):
Sorry to hear that. I want trust, I want freedom.
I don't know. If I were her, i'd require to
find me at did they put the she puts you
on the find me at.

Speaker 1 (20:32):
I'm either at work, or I'm on the golf course,
or I'm with various mistresses at the penthouse suite at
the satellite motel. At sixteenth and now everyone knows this,
so I mean, why do you Yeah, everyone knows this,
so why why do I have to?

Speaker 2 (20:49):
I had, Hey Scott, it's for you. I had. Have
you ever been to the Penthouse suite at the No,
I've never had.

Speaker 1 (20:56):
I've never actually been in the Satellite Motel, but I
have made it the butt of several jokes. I understand
it's pretty cool in there, like an alien ship. Right
run on the corner of sixtieth and L.

Speaker 2 (21:06):
I had something on seventy second in Ralston the other day,
so I drove down sixtieth and then took that little
veer off on Ell Street. Don't do that, by the way,
because El Street right now is under construction. The seventy
second Street overpass underpass is a disaster. Yes, so I
would encourage you not to get to seventy second Street
that way. But anyway, I'm thinking, how do you get up? There?

(21:29):
Is there an elevator? And if there's an elevator, where
is it? I've always can I start? I don't see
any outdoor. I don't see any outdoor like staircases or anything.

Speaker 1 (21:38):
I started doing a joke on the radio show probably
when I started here nineteen years ago, saying, hey, happy
Valentine's Day. I'll be celebrating to day like I always do,
getting my wife in that penthouse suite at the Satellite
Motel sixtieth and L. And I did hear from some
people who know the owners that they appreciated the mention, Yeah,
even if they thought I was kind of having some

(22:00):
fun with them. So I always wanted to broadcast live
from that outdoor because you can, I guess, go out
on what passes for the terrace and broadcast my show
live there and invite listeners to come up for donuts
and coffee. We just never got.

Speaker 2 (22:12):
About on Valentine's Day. I'd love that. I think that'd
be a lot of fun. If you do it. I'd
be happy to come by just to see how you
get to the top, because there's obviously a way to
get up there. If you have to ask, you have
not earned the right. It must be a circular staircase.
But it's two stories to get up there. That's a
long climb for a circular Let's let's you.

Speaker 1 (22:33):
And I go check into the Satellite Motel together this morning.

Speaker 2 (22:36):
What times check in time?

Speaker 4 (22:39):
There?

Speaker 2 (22:39):
Probably eleven? Oh, no, check in. Check out is eleven
we'll check out, could be eleven PM. It depends that
there's someone in there. We might not be able to
get intil three. Oh hey, I got time, Jamn Scott
from KMFB. Could you just let a sense we can
look out, see what's in there and take a look around.

Speaker 1 (22:54):
Yeah, I love the satellite motel. Hey, happy shout out
to the Satellite Motel. I don't know if they're available
for Valentine's Day, but I tell you what, you couldn't
do any better. Buy out for the president at the
University of Nebraska Lincoln. Who the chancellor, I should say,
who the faculty senate said, we don't like this guy,

(23:14):
get him out of here. Then he resigned and he
gets like a million dollar payout on his way out.
Between that and the regent's postponing their vote that was
supposed to take place this past Friday and it did
not take place. On the Nebraska Medicine takeover or whatever
you would call that, we'll talk about all of that

(23:35):
coming up here in fifteen minutes. Doctor Jeremy host Sign
will be our guest as a student at UNL served
on the Border Regents as a student representative now he's
trying to get on there as a as a full regent.
He'll be our guest here at seven thirty five this morning.

Speaker 2 (23:51):
Jim.

Speaker 1 (23:51):
When I say ten years ago, what year is that?
What year was ten years ago? Knet your grand twenty sixteen?

Speaker 2 (23:57):
Okay?

Speaker 1 (23:58):
Because I saw the story from KMTV three news Now
where they talked about how it's been ten years since
M's pub blew up real good down at the Old Market,
and they said, and we talked to a server who
we first met back and interviewed in January ninth, twenty sixteen.
I thought, well, why did they talk to her years
after the explosion because it didn't register that ten years

(24:20):
ago is twenty sixteen. Twenty sixteen seems like a few
years ago, not ten. But it has been ten years
since that server that her name is Angelina or Angelina.
If it's Richard Markson, that's Angelia. But she says we

(24:42):
were outside and we're like, it smells like gas here
in the pub. They go outside and there's a construction
crew and she says, did you guys hit a gas line?
And they're like, uh, I don't know, maybe, and she
goes in there and tells the kitchen and everyone, hey,
we might want to get out of here, out this
this probably not a real safe place to be. And

(25:03):
so due to that quick thinking as opposed to what
happens here at the radio station, every once in a
while there's like someone walking in the hallways going, do
you guys smell gas? I don't know, maybe, and then
we don't do anything about it. We don't and it's
gonna be one of those times where you know, the
building's gonna gratefully blow up and we'll go out with

(25:24):
it because we're not smart enough to leave. At M's
Pub that day a decade ago, last week, they were
smart enough to leave. And then there was the explosion
and then that scene afterwards. If you remember, it was
freezing cold. It wasn't like it is icy, and they,
you know, they're fire departments hosing the place off after
that gas explosion and the fire in that old Market

(25:46):
restaurant and then the lofts above it, and they're spraying
it down. The water freezes and it looks like the
Superman Fortress of Solitude there in the Old Market. It
looked like a giant ice cube for weeks afterwards. It
was an amazing scene that was ten years ago.

Speaker 2 (26:02):
It's a miracle we didn't have more fatalities with that explosion,
And it's it's almost unthinkable that you would have a
facility like that, with such proximity to so many people
and not have widespread injuries and fatalities. And the other
thing astounding about it is and maybe this is one
of the reasons people forget. They rebuilt that thing and

(26:24):
it looked absolutely the same. There was no virtual architectural
or design change in the rebuild of Ams Pub, and
that was an old building that was converted into Ams Pub,
one of the most popular restaurants in town has been
for years.

Speaker 1 (26:40):
Yeah, but try and get there now. Not easy construction
getting around downtown to midtown crossing. I posted on Facebook
the other day I said the City of Omaha should
suspend collections at parking meters for those who are brave
enough to try and get downtown. If you get down there,
you should get free parking. I brought it up to
Marry Ewing over the weekend. He laughed and said, I

(27:01):
don't know what the city planners and departments who plan
on that money would think about that idea, But thank
you Scott for the idea. I don't think he is
going to do it. A lot of people on my
Facebook page like the idea. It's a mess.

Speaker 2 (27:14):
Things here to get through Saigon, Circus sixty eight and downtown.
I'm hey, if our friend who.

Speaker 1 (27:22):
Set up this morning's interview with a doctor host on
his listening going, let's hear how this goes. The number
you provided me is not the right number. So if
the satellite motel it was not, she you know, she
knows the number for him to call us. So you
are welcome to have him call us now. We'll put
him right on. We got a few minutes here. I

(27:44):
wanted to talk for a regent. Yeah, well, I wanted
to talk. I don't like doing candidate interviews. Tell us
about yourself. I don't care. I want to hear some
of the things we've been talking about here, Like the
Board of Regents was all set to do what is
in the contray with Nebraska Medicine, and that is, if
Nebraska Medicine loses their financial partnership with Clarkson, then it

(28:08):
suddenly defaults to where the Board of Regents University system
takes over Nebraska Medicine. Clarkson pulled out and so the
bord of Regents was gonna step in there as was expected,
and suddenly this faculty union group lost their minds said
we're going to lose their autonomy and no one's going
to be able to get any kind of healthcare or

(28:29):
anything like that. And the border Regents was supposed to
vote on this on Friday and then tabled it. I
don't know why it's in the contract language. Well, there
may be a couple of reasons why. You know, both
regents and Jim Land and the chairman of the Clarkson
board are not talking about it. This is a private

(28:52):
matter between these entities. The Jeffrey Gold, the president of
the university, is a little bit more forthcoming.

Speaker 2 (28:57):
But the big issue who probably is this? The University
of Nebraska is tax supported and as such, tax money
is used for all of its behavior, including acquisitions. And
we have thirty three state senators who get every year
to decide how much money the university gets out of

(29:18):
the tax hall, and some of them are wondering where
is this money coming from? And if you have a
secret stash of a billion dollars somewhere, we'd like to
know where it is and why it's there, and why
it's not being used to cover expenses like we have
right now. Well, one of those who would be on
the Board of Regents should he be elected this year

(29:38):
in District one. That's where Tim clare is not seeking
reelection in District one at the Nebraska Border Regions. As
someone who served as a student regent when he was
a student at the University of Nebraska at Lincoln, he
is now a neurosurgeon. Clearly too smart to serve on
this board. Doctor Jeremy ho Sign joins us here on
news Radio eleven ten kfab Doctor good Morne morning, we're

(30:00):
talking about the Border Regents tabling the vote on Nebraska medicine.
What do you make of this?

Speaker 4 (30:07):
Thank Scott, thanks for having me on. That's that's a
tough issue, you know. I think up to this point
a lot of it has been inside baseball complex arrangement
of how the Nebraska Medical Center is organized. Listen, I
think the perspective of a physician as well as someone
who's served in government, and this is why it's tough.

(30:28):
I thought this was going to be just a simple
land and property transfer deal. Turns out that it's a
little bit more complicated than that. You want an institution
first and foremost that's going to continue serving Nebraskans and
providing excellent healthcare. So whatever deal comes out at the
end of the day, that's what I'm first and foremost
concerned about. Beyond that, you know, I think an institution

(30:50):
has to move nimbley. It has to be, you know,
something that is one responsive to hiring the best and
the brightest from around the country, people who are actively
looking at finding cures to cancer and other maladies, and
then also has the ability to get the equipment, advanced
equipment that we need at a coordinary medical care center

(31:11):
without going through a whole lot of bureaucracy. But I'm
also a good government guy, and I believe in accountability,
especially in elected leadership, and so those tensions I think
you're seeing alive and well, both in the media and
also inside that inside baseball game. So you know, I'm
glad that everyone's taking a breath right now to take

(31:32):
a little bit of time to explore the ramifications.

Speaker 2 (31:35):
Of this deals. What do you know about this?

Speaker 4 (31:40):
I don't know a whole lot, not much more than
what I've read in op eds and in the press
right and I think there's concern from h you know,
the Omahawk community, and particularly with the Board and breast medicine,
that if you subject you know, the medical center to

(32:01):
you know, a type of bureaucracy where you know, the
Border Regions meets what once every two months, that might
not be nimble enough to move quickly on the kinds
of hires and again the type of advanced equipment needed
to treat Nebraskans. I think that's the concern coming from

(32:21):
the Board. They've practiced medicine this way for at least
the last eleven years and then even another ten years
before that when these deals were rearranged. At the end
of the day, you know, it is a campus under
the auspices of the Nebraska Border Regions, and so again

(32:41):
those tensions are something that need to be worked out,
and there should be some time for all parties involved
to study the ramifications of that deal closely.

Speaker 2 (32:49):
There is considerable concern that the Omaha philanthropic community, which
has invested a billion dollars in un MC and Nebraska
medicine over the last thirty years, has been extraremely, extremely
concerned about this process and about this project. Are you
hearing that, and if so, how much credence do you

(33:09):
give it.

Speaker 4 (33:12):
I've heard it, I've not heard it directly from the
philanthropic community. And so obviously you've got a large transformational
project with Project Healthcare, that two billion dollars new hospital
that has the ability to train more healthcare providers that
Nebraska desperately needs. We certainly don't want to put that
on the chopping block or risk that project from moving forward.

(33:36):
I think it's incredibly important. Again, as a nurse surgeon here,
you know there's a few there's been a few times
where I've had to transfer patients who are quite ill
from Lincoln to Omaha, and we want to make sure
that there are enough beds for Omaha to accept that
that's not always been the case, and that's problematic again
for a coordinary care to take some of the most

(34:01):
complex and sickst patients that we have in Nebraska.

Speaker 1 (34:04):
Just a minute left here, Yes, I just went a
minute left here with doctor Jeremy host signed on news
radio eleven ten kfab. The other issue I wanted to
ask you about was the Regents paying out of a
golden parachute to Chancellor Rodney Bennett. It seems like in
both of these instances. I mean, the regents are taken

(34:25):
over Nebraska Medicine because that's what the contract said. Chancellor
Rodney Bennett was making cuts at the university because that's
what the regents had suggested, so they approved the contract
for him. He leaves, he gets a million dollars in
his way out after resigning. Is this the region's fault?
Is this Chancellor Rodney Bennett's fault? What do you think

(34:47):
of this mess?

Speaker 4 (34:49):
Yeah? I mean, look, let's let's set the table here.
That's that's a twenty seven and a half million dollar
cut to the University of Nebraska Lincoln, our flagship. What
does that translate in terms of people? That's fifty one
stap position was eliminated, mostly faculty, three hundred and twenty
nine students displaced going to other universities or change of majors.
I mean, here's a chance for I was making seven
hundred and thirty two thousand dollars a year and he

(35:10):
chose to quit. He's making more in leaving the university
than he made for his annual salary. You mentioned Goulden parachutes.
I agree with you, Scott. You know, you know that
might be good for Wall Street that's not good for Nebraska.
We call it the good life, not the gilded life.
And this isn't the first time, right, We've got examples
of this happening in other instances with in executive leadership,

(35:31):
and we ought to take a closer look at executive
compensation and see what those practices are in our public institutions.
I served in government under two governors as a policy advisor.
Certainly nobody I knew in government elsewhere, or even mostly
in the private sector, is making that kind of money
after leaving their job. We got to do better.

Speaker 1 (35:50):
The argument will made that if we don't offer this
this payout, then we're not going to get quality candidates,
which you could make the argument maybe we didn't in
this last round.

Speaker 4 (36:02):
Yeah, So you know, again this is where we have
to look at what's good for Nebraska. You know, I
think that there are a large number of people who
are looking to lead public institutions because again, it's public
service at the end of the day. The Nebraska governor
certainly doesn't make any where close to that, and you
have no shortage of candidates there for that position. Executive

(36:23):
compensation has to match not only what's happening in peer institutions,
but also what's right for the state. And I think
even the Drenal Star published an article that said this
was an odd looking contract. It was strange.

Speaker 2 (36:37):
Well, the issue is I think Nebraskans are fine paying
somebody for the job they do. They're not happy paying
somebody to be somewhere else. So it has to do
with contract terms, not compensation, and that needs to change.

Speaker 1 (36:50):
Chancellor of Football coach assistant football coaches quarterbacks.

Speaker 2 (36:55):
All right.

Speaker 1 (36:56):
Doctor Jeremy Hosign neurosurgeon, served on the Border Regions as
a student region while a student at the Dear Old Nebraska.
You he's running a district one where Tim Claire is
not running for reelection. The website doctor host sign for
regent dot com. That's h O S E I N
doctor host sign for Regent dot com. Jeremy, thank you
very much for the time today and good luck with
your race this year.

Speaker 4 (37:17):
Hey Scott, thank you very much. And let me just
say a nod to Gary Satamayer. We used to listen
to him with my parents when I lived in Pavilion
and sham when I lived in Omaha, so certainly appreciate
his service.

Speaker 2 (37:30):
Well, we all grew up listening to Gary.

Speaker 1 (37:32):
I've heard of him. Yeah, thank I appreciate that, and
Gary does as well. I guarantee he's listening this morning.

Speaker 2 (37:37):
Thank you.

Speaker 1 (37:38):
Doctor Jeremy host sign with us here on news radio
eleven ten Kfab. Janet emails and says, good morning. I
have an idea on the I'm Not dead Yet app.
I think it could be useful if you're elderly and
live alone, or sick and live alone. This way friends
and family could be assured all is good without a
daily phone call or text. I thought this when you

(37:59):
mentioned it, because I alone, and I'm seventy one, and
I have issues. We all have issues, Janet, I don't
know what you're dealing with, but I'm gonna have to
ask that you check in with us now now I
feel responsible and send us an email to Scott atkfab
dot com and let us know whether or not you're dead.
Doug says the same thing. I have an aunt who

(38:20):
needs this app. She's eighty seven, lives alone, semi secluded.
I truly fear when she dies we won't know for days. Well, hey,
she won't care she's dead. I just don't want the
app of people getting a notification like, oh, aunt Sally
is still alive.

Speaker 2 (38:39):
That's good.

Speaker 1 (38:39):
I don't want that to take the place of checking
in with the loved one and providing that contact every day.
But that's out there. Courtney Donahoe reported earlier this hour
is one of the most downloaded apps in the country.
Are you dead yet? Carl emails via the Zonker's custom
woods inbox Scott at KFA dot com and says, I'm

(39:01):
still alive. I'm listening. I'm in Texas. Thanks for carrying
sign Carl. Carl, that's great. Don't you don't need to
check in every day and let us know that you're alive.
If you die, though, please let us know. Pull that
one off now. In Minneapolis, where the ICE operations have

(39:22):
been ramped up, despite the fact that the mayor up there,
Jacob Fry, had this interesting comment over the weekend. He says,
I'm not against ICE, I just don't like them just
grabbing brown and Somali looking people and detaining them. That's,
by the way, not what they're doing their targeted operations
in Minneapolis. And of course everyone's all fired up after

(39:46):
that woman decided she needed to get herself shot in
Minneapolis on last Wednesday up there, a lot of people
have been sharing the comments of the Chicago go Superintendent
of Police. This man's name is Larry Snelling, and he'd

(40:07):
made these comments that people have been sharing online since
this situation in Minneapolis the other day. I think that
he would make the same comments today. But that which
is being shared online is several months old. This is
from about three months ago. Worthwhile to hear it. Here
is Superintendent Snelling of the Chicago Police Department talking to

(40:27):
the residents of that town.

Speaker 5 (40:29):
Let me make this clear. Federal agents ICE HSI are officers.
They are agents of law enforcement. If you box them
in with vehicles, it is reasonable for them to believe

(40:56):
that they are being ambushed and that this could end
in a deadly situation, and it's reasonable for them to
use force based on those conditions. Do not box in
any law enforcement officer. You are breaking the law when

(41:19):
you do that, and you are putting yourself in danger.

Speaker 1 (41:28):
Well, now we've got a pulling this off a YouTube
link a quick advertisement for a world of work craft
of video if you're interested in that. Let's go back
to the comments here from Captain Snelling.

Speaker 5 (41:41):
Law enforcement agents around the question is why what do
you plan on doing. It's also reasonable for them to
believe that you're eventually going to do harm to them.
If you ram any vehicle, especially that one that contains

(42:05):
law enforcement agents, and that's any law enforcement local, state, federal, county,
and you do this intentionally, this is considered deadly force.
Deadly force is anything that can cause great bodily harm
or death.

Speaker 2 (42:26):
When you plow.

Speaker 5 (42:27):
Into a vehicle that contains law enforcement agents, you're using
deadly force, and they can use deadly force in response
to stop you.

Speaker 2 (42:43):
We need to be clear about these laws.

Speaker 5 (42:47):
We cannot become a society where we just decide to
take everything in our own hands and start to commit
crimes against law enforcement.

Speaker 2 (42:57):
It is a crime. You may not like what they're doing.

Speaker 5 (43:03):
I can understand that there's a lot of emotions out there,
but that does not mean that you get to commit
a crime, especially one they could lead to deadly force.

Speaker 1 (43:13):
That is Chicago Superintendent of Police Larry Snelling. These comments
have been shared quite a bit on social media since
that woman and her unfortunate actions led to her death
in Minneapolis this past Wednesday. Superintendent Snelling made these comments
about three months ago in Chicago, but they're certainly resonating today.

(43:34):
I still would love to see a toxicology report on
that driver up in Minneapolis. What would cause this woman?
I understand that there are people out there that want
to go out and protest ICE. They think they're doing
the work that they're that they're supposed to do. But
when she starts driving directly at an ICE agent while
her wife is trying to get in the car and

(43:56):
yelling drive, drive, and she's going to take off?

Speaker 2 (43:58):
Take off?

Speaker 1 (43:58):
What and leave her wife up there right in the
streets in Minneapolis. I don't doubt that she was on something.
She did not seem to be in her right mind
on this one. But Jim, what do you think about
the comments there from that superintendent?

Speaker 2 (44:15):
Well, you know, this is such a to me, this
is such a black and white issue, and I know
that sounds really strange, and people say, no, it's far
more complex, not to me. To me, we have either
a commitment to enforcing laws and obeying laws or we don't.
This woman was clearly committing a felony. She was interfering

(44:36):
in a federal law enforcement operation. Now you can say,
well that's a bad law. Jimp. It may be, then
you work with your congressman or your city counts a person,
or your mayor or whoever it may be, and get
the law changed. But if we ever devolve, and we
saw this for four years with the Joe Biden administration
where laws were just routinely ignored, you know, well that

(45:00):
law doesn't count, okay, or that Supreme Court decision, we're
just going to ignore that. The message that we were
sending to our kids was just disgraceful, deplorable, and scary.
We have laws, and when a police officer or someone
in law enforcement comes up and says, I need you
to do this right now. To me, there is no

(45:21):
arguing with them. There's no defying them, there's no ridiculing them,
there's no pointing the middle finger at them. There's you
met officer happy to do so. But this woman was trained, okay,
this woman was trained by professional agitators on how to
engage negatively immigration and Customs enforcement officials. If she was

(45:43):
a genuine protester who just believed this is wrong. I
don't believe that I should be doing this, then she
stands off to the side, holds her sign, and yells
whatever incantation she thinks is necessary. She doesn't use her
four thousand pounds SUV as a weapon. Now you might say, well,
she wasn't doing that. Well, what was she doing driving

(46:05):
through the ice enforcement operation on the first place the
road she was trying that's a felony. And when she
turned her car towards this ice agent, whether she intended
to hit them or not, well, he doesn't know that
he'd been dragged along earlier in the year by somebody
else like her.

Speaker 1 (46:23):
The agent was in front of the vehicle, which she
could plainly see because they had stationed one to the
driver's side and one in front of the vehicle, and
she took off anyway. If you have yet to see
the bodycam footage of the officer who fired the shots
from in front of the vehicle, it's revealing.

Speaker 2 (46:40):
I can't process this, Scott, I can't you see the
videos on social media, these women that are pulled over
for speeding or pulled over for illegal turns, and all
they do is sit and argue with the police officer
and say who are you, who's your supervisor? And they've
got their phone up, don't you got a quote? And

(47:00):
then they say ten times, fifteen times ma'am, please show
me your license, your registration, and your proof of insurance,
and they just they refuse to do so. And then
they say, ma'am, I need you to exit the car,
and they refuse to do so, and then they break
the window. Then they drag her out, and then they
lock her up. And what sense is all of this making? Tea?
No one should do that, even if you're Tyreek Hill.

(47:22):
We saw that this past year as well.

Speaker 1 (47:24):
Emory was taking calls about the situation in Minneapolis, and
Jim pointed out as well, they trained protesters. This caller says,
I own a business. If I train my employees in
a certain way that causes them to then die, am
I I'm responsible as the trainer, right so I don't
know if anyone's going after the trainer of these I

(47:46):
don't know if that's being pursued. That's an interesting angle
on this well.

Speaker 2 (47:50):
Jd Vance, in one of his news conferences last week said,
whoever paid for the brick did you throw through a business?
That's the one who gets tagged in addition to the
person who checked it. Well, whoever trained these people? They
have to be held liable. Who is responsible for training
these anti ICE agitators. They are told they are given

(48:15):
specific instructions on what to do. Blow a whistle, constantly,
park your car in the middle of the street, across
the picket lines, to get in the way, interfere with
ICE and let them assault you. You don't touch them,
you just get in the way and berate them.

Speaker 1 (48:33):
And we've been talking about apps this morning, this one
that allows people to follow the movements of Immigration Customs
Enforcement and let other potential agitators and obstructors follow ICE,
including the criminals that they're looking for, follow ICE and
be able to evade law enforcement. That's incredibly dangerous. Those
platforms that allow those apps need to take those down.

(48:56):
And we now welcome on here to Nebraska this Morning
News News Radio elevel ten kfab national correspondent Rory O'Neill
for a story we've been talking about a little bit
throughout the morning, wondering if the protests we've seen in
Iran are going to end up leading to anything different
than previous uprisings in that nation. Rory O'Neil, what's your

(49:19):
assessment of what we've seen so far and what America
might do about it.

Speaker 6 (49:24):
Yeah, these protests are a little bit different. You know,
first of all, the Iranian government is a lot weaker
than it has been in the past. Oftentimes you'll see
individual groups young men, students, business owners. These individual groups
will have a protest that are quickly swatted down. But
Iran's government ain't what it used to be. The economy

(49:45):
is in shambles, the currency is worthless. They don't have
the swagger they used to have in the Middle East
now that groups like Hamas and Hesba Lah have really
been decimated thanks to the US and Israeli forces as
well well. And so now what we're seeing is all
kinds of demographics taking to the streets in large demonstrations

(50:07):
that we haven't seen lasting for weeks now, but sadly
so far, they estimate some human rights groups estimate more
than five hundred people have been killed in these demonstrations,
ten thousand arrested.

Speaker 1 (50:20):
Yeah, at some point, though, you realize we don't have
the firepower to go toe to toe with the Iranian military,
and as you said, there people have been getting just
mowed down. Estimates are between five hundred and two thousand
people dead, over ten thousand people incarcerated. I mean, they
can't do this forever.

Speaker 6 (50:40):
Well, right, and that's why the US may be trying
to help in terms of looking at what we can
do when it comes to additional sanctions, economic policies, when
we work with other countries around the world, or what
about making sure they have internet access, maybe via Starlink
internet satellites, because a lot of the information we get

(51:00):
is really hard to come by. The government there has
been shutting down electricity in neighborhoods or turning off internet
access altogether, so it's been difficult for those demonstrators to
communicate with one another and with the outside world. What's
really going on there now.

Speaker 1 (51:17):
Certainly we just took out the brought into custody due
to American criminal charges, the former dictator of Venezuela, and
so people are looking at President Trump going, oh, he's
just going to go for regime James and Iran, he's
just going to blow him up like you did there
their their bunker with the Nukesentate and so forth.

Speaker 2 (51:37):
Here.

Speaker 1 (51:37):
The President though, has said Iran called him and wants
to negotiate. What do we know about what America might
do here?

Speaker 6 (51:44):
Rory, Yeah, that's one of the things is you know, negotiate,
what is it some kind of regime change. It seems
unlikely that they'd all be willing to step down there
and allow for some sort of free democratic election. That
would be rather remarkable. Or is it more like just
a stalling technique right to try to drag this out

(52:04):
the same way Putin has been dragging out things in
Ukraine and just delayed, delayed, delay. They've been pretty good
at that as well. So it's a bit of a
wait and see. The President is meeting with a lot
of his top international advisors, the Secretaries of War and State,
meeting tomorrow at the White House, specifically on Iran. I'm
sure there are plenty of other countries that will come
up in their discussions too, But you know, obviously Israel

(52:27):
is a big player in these talks, and it's about
long term Israeli security as well, and oil is a factor,
with of course Iran being one of those bounding OPEC members.
You can't ignore that part.

Speaker 2 (52:40):
Of this either.

Speaker 1 (52:41):
A couple more minutes here with news Radio eleven ten
KFAB national correspondent Rory O'Neill Here on news Radio eleven
ten KFAB. We just took a look at the markets here, Rory,
the dows down three hundred and fifty points. It's actually
gone up about fifty points since you started here talking
on this radio station.

Speaker 6 (52:59):
So that influence.

Speaker 1 (53:00):
Marcus respond positively to Rory O'Neil my cohort in here.
Jim Rose had some heartache earlier on some stuff President
Trump was talking about, on a plan that could reduce
credit card debt, like the President shouldn't be doing that.
That was a direct quote Rory. You've been following this
story as well. What can you tell us about it?

Speaker 4 (53:18):
Right?

Speaker 6 (53:19):
The President floated this idea of putting a ten percent
interest cap on credit cards. It's a little bit vague.
What do you mean the stuff I already owe? Is
this on future purchases? Apparently though it would just last
for one year. But yeah, to the critics point, credit
card companies will say, well, look, if you're going to
cap us at ten percent, we can't give credit cards

(53:39):
to everybody. We're really going to have to rein in
who can use credit cards, and that would of course
limit an awful lot of spending in the economy. Questions
about whether or not the President even has the authority
to do this via executive order, but look, this puts
him on the same page as the look likes of
AOC and Bernie Sanders and Elizabeth Warren. This issue about

(54:00):
capping credit card interest rates.

Speaker 2 (54:02):
It's just not healthy for the government to be interfering
in private business. And he's doing the same thing, or
attempting to do the same thing when he ordered that
Fanny May and Freddie mack by two hundred billion dollars
worth of securities back mortgages so we could lower the
interest rate. Well, here's the thing, mister President. If you
do that, a couple of things happen. Number One, the

(54:23):
price of homes goes up, because we don't have a
price problem, we have a supply problem. And if you
do this, you're manipulating the marketplace that ultimately will keep
people from being able to get into a home.

Speaker 1 (54:35):
But he's also trying to get rid of those big
nationwide and international investors buying up single family homes.

Speaker 2 (54:41):
I think you can do that without actually interfering with
the marketplace. Second thing, Barack Obama did this with the
cash for clunkers. He says, we're going to get all
these old cars off the road, the gas guzzlers, they're
burning leaded gasoline and all that. All that did was
keep poor people from being able to buy a car.

Speaker 6 (55:01):
Right, So, and these are not traditionally conservative viewpoint.

Speaker 2 (55:06):
No, it's like he's passing out candy at Christmas. This
is he's trying to convince the world. I get it.
On affordability. If you really truly want to help somebody
buy a house, here's what you do. You work on
local property tax issues. Either give people a dollar for
dollar tax credit on their federal return for their property taxes,
or a dollar for dollar credit on all property casually insurance.

(55:30):
In other words, work on the back end. Okay, that
way people can afford to be in a house. Buying
the house isn't nearly as much trouble as staying in
the house.

Speaker 1 (55:38):
Rory, if you could pass out along to the President,
we'd appreciate it. Hey, I know we got to cut
you loose. The Dow just jumped another one hundred and
eighteen points in the time that you've been on here.
So once again, Rory O'Neil, moving markets and mountains. I
appreciate the time as always. Hope you had a great weekend.
Thank you so much for starting the week with us.
Thanks Touck you soon here on news radio eleven to

(55:58):
ten KFAB. That's our national correspondent Rory O'Neill. What do
you want the president to do there? These guys look
the lending practices in this country and people immediately government
jumped in there and said, well, you can't charge someone
a hefty penalty if they missed their payment by one day.

(56:19):
They tried to rain some of that in, but lending,
I don't know when the last time you tried to,
you know, get a mortgage was you go with the
wrong mortgage lender and they immediately start looking at how
much money you have, what's going on rates, and they're like, hey,
how about this, how about we doing adjustable this so
you can actually afford this much more home, and don't
worry at some point here in a few years if
you able to pay this month payment when it goes

(56:40):
up to this was the line of.

Speaker 2 (56:42):
Predatory conversation during the subprime mortgage crisis is, oh, gee,
you're making forty thousand dollars a year driving a bus
in Boston. Here's a million dollar condo. We'll get to
you for practically no interest. So and if the government
goes up, you can sell it. Government shouldn't do anything
about any of this. That's a different between manipulating the
market Scott and actually invoking policy or enforcing laws. Those

(57:07):
laws were broken and nobody got locked up, which is
amazing to me. But if you really truly want to
help people own a home, buy a home, and own
a home, you've got to address the expense of not
buying it but owning it. Okay, And again I've said
this for ten years on this program, and I've asked
congress people and senators, when are you going to introduce

(57:28):
a bill, whether in the unicamera or in Congress, when
are you going to introduce a bill that gives people
a dollar for dollar tax credit on their homeowners insurance?
When are you going to introduce a bill that gives
people a dollar for dollar tax credit on their property
taxes okay, on maintenance over four thousand dollars or whatever.
And the answer is they never do. Know why would
you collect it if you're just going to hand it back.

(57:49):
The point is that that makes it easier to own
a home. And nobody's talking about the cost of home ownership.
They talk about the cost of buying a home. Okay, Well,
that's market. If you build more homes the price will
come down. For five years, we stopped building homes in
this country over COVID and Joe Biden's administration. In the
city of Los Angeles, sixteen thousand homes burned a year

(58:12):
ago they got five hundred built. Why because of regulation, cost,
permitting and government red tape. Now there's some red tape
you gotta have. I mean, you can't eliminate all permitting
when you're building a home, or some bad guy will
come along in poor, bad concrete and your house will
fall over in six years. We don't want that. The
issue is about affordability, and that's not buying it, that's

(58:36):
owning it. I love it. They will never address that.