55KRC Monday Show - Empower U, Smitherman, Money Monday

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Episode Transcript

Speaker 1 (00:05):
Five o five. I think if KRC the dot pasack Monday,
some sense will a vacation called Kenny Loggins because you're

(00:29):
in the danger zone. Indeed, you may very well be
Brian Thomas right here. I'm not quite sure how glad
I am to be here. Kind of a little this bad,
kind of blue, funky kind of moods Typical Monday. But man,
the world seems to be falling apart, doesn't it. Anyhow,
I'll dispense with my lamentation on that and just dive
on forward. Seven twenty Christopher Smithmen, former Vice mayor of
the City of Cincinnati, A little thing that we all

(00:49):
call the smither Van. Typical Monday, seven twenty with Christopher Smithman.
I enjoy I always enjoy having him on the program
and getting his thoughts in comments. So I always enjoy
your thoughts and comments too. Seeing feel free to give
me a call five on three seven for nine fifty
five hundred, eight hundred eighty two to three talk pound
five fifty on AT and T phones. Coming up at
eighth five. It's Monday, so we get money. Monday with

(01:10):
Brian James. Some frightening information that we have to talk
about with Brian James and things that I've been sort
of lamenting and worried about for a long time, notably
the national debt. Yeah, inflation, it's a problem stretching people
to the breaking point. And artificial intelligence stock apps are
growing up popularity, gether some buying options there with AI still,

(01:33):
but this national debt problem is getting really, really, really concerning.
They point out that we get to this point in
time where the average interest rate on the national debt
exceeds the economic growth rate, leading to this sort of
death spiral, making it increasingly difficult to even respond with
fiscal policy restraint like curbing spending, interest rising, boosting debt,

(02:02):
rising debt, boost interest rates, rising rates, boost interest costs further.
It just keeps its a vicious cycle. And that's where
we are Treasury yields going up, which is a problem
also in how do you refinance the debt? Who's going
to service our debt? How are we going to pay
the interest on it? Figures are really really quite alarming,
adding to my you know, feeling feeling overwhelming distressed and

(02:27):
disturbed this morning, one of the many topics of Brian
James eight oh five for that. And then we're going
to talk to Deanna Coleman from She's an r N
with the Cincinniva. Apparently lots of new innovation and technology.
So Keros does care and when it comes to the
American veterans, you know, we really care. Here on the
fifty five Karrosse Morning Show, So dedicating a few tough
few minutes with Deanna Coleman of the since Antiva coming

(02:48):
up at eight forty. There you have it tomorrow of
course the bright Burn inside Scoop and the Daniel Davis
Deep Dive. Speaking of the Daniel Davis Deep Dive, what
is going on? How's the negotiations going? Have we resolved
this skirmish we have going with the Iranians now now
apparently we're striking them again. I don't know if the
ceasefire can still be called in place like this sort
of tongue in cheek talk about that one. But apparently

(03:09):
we exchanged fire over the weekend. We attacked some air
defense radar and drone sites in Iran and Kuwait received
the backlash from the Iranians. They came under attack with
some drone strikes. All the while we're still trying to
figure out a deal with Trump, indicating a deal was
close that at least going into the weekend, and then

(03:30):
we have these strikes that happened over the weekend. Apparently
mediators are still saying issues like the nuclear commitments and
the timing and the scale of the financial reef that
the relief that the Iranians are demanding all unresolved. Pretty
major sticking points as far as both sides are concerned.
US Central commands that American warplanes attack these Iranian radar

(03:50):
sites and drone command and control facilities, specifically Keshum Island
and Gorick. If you keep in track of the geography
in Iran, there's your two points of attack. Both happened
on Saturday and yesterday after they say Iran shot down
an American MQ one drone and US fighters shot down

(04:11):
to Iranian attack drones that they say post a threat
to ships out there in the Strait of horror. Moves
now the Islamic Revolutionary Guard Corp, which appears to have
taken over full control, get to that in a minute.
No longer the swirling question marks about whether the president
has any say. Oh, look, Iranian President Masud Bezeskian submitted

(04:32):
a letter of resignation. Hey, Joe, if you're president of Iran,
who do you submit a letter of resignation to.

Speaker 2 (04:45):
You?

Speaker 1 (04:45):
Should yourself inner office memo to me from me, put
it in the outbox, have somebody come in, and then
just put that one right back in the inbox. Oh look,
I resigned, I accept my resignation.

Speaker 3 (04:57):
Goodbye.

Speaker 1 (04:58):
Can you see him on an air playing with the
palette of cash flying the hell out of the country anyhow,
Kuwait's armies said this morning the country was under attack
by missiles and the drones didn't say where they came from,
although apparently alarms were sounding all over Kuwait. You got
to get used to that kind of thing if you're
living there. And of course Kuwait's been one of the

(05:20):
hardest hit Gulf countries during the war, so they get
they get the benefit of the retaliatory strikes from Iran,
and of course that's it points out something that Daniel
Davis has been pointing out. The problem is all of
the other Arab nations in the region. Now they can
attack our military bases which are all over the region
of these various Arab countries, but it's the oil, infrastructure

(05:42):
and the economy of those various Arab nations that are
going to be coming under attack. So I think it's
safe to say that if the Iranians succeed in crippling
or doing enough damage to that infrastructure, opening up the
straight of horror moves to provide all us, you know,
we out here in the in the world, with some
economic relief. That economic may not happen, right, I mean,

(06:03):
part of the problem is the oil going through the Strait.
What if under some crazy scenario there isn't the ability
to produce oil and even send it through the Strait?
Swirling questions and speaking of oil, oil prices jumped more
than two percent, So welcome to this morning. After paying
outrageous amounts of money to fill your tank up over
the weekend, like I did, oil prices jump more than

(06:25):
two percent and early trading this morning after Israel Prime
Minister Benjaminattanya who ordered troops to move further into Lebanon
for the purpose of degrading his Bala, and they have
made some good progress and moving in. His Bala apparently
now has some drones. Another disturbing development. Not that I
am surprised his Bala's got drones. They have other countries
out of the world, some are suggesting China, maybe even

(06:45):
Iran are providing his balla with the ability to fight
back against the Iranians. Now they have night time drones
with sensors, thermal sensors, able to fly at night using
heat signatures. Sounds like stuff that we and our sophisticated
military have. Now everybody's got it, you know, in a

(07:07):
world where we can go to Amazon and buy a
pretty darn sophisticated drone that can carry at least a
reasonably decent payload, and in a world filled with very angry,
angry left wing, well funded protesters, anybody have any concern
about that? How long is it going to be before,

(07:27):
you know, locally, domestically, we start finding out about drone strikes.
These are some very very very angry, far leftist militant
people who want to bring down our country. I don't
think it's a stretch for me to have some measure
of concern to wonder that, well, you know, if they
are physically assaulting and being violent against the police officers

(07:50):
in the name of protecting pedophile illegal immigrants who've been
locked up for deportation, we don't want them in our neighborhood,
say I would argue most rational same people. But if
they're willing to go out and fight for the rights
of those people, get angry, chuck molotov cocktails, run over
police with cars. I don't think it's much of a
stretch and think that these crazy nut jobs, if given

(08:11):
the ability to do so, might oh, I don't know,
launch their own drone strike against that power station you
got right down the street from you, or some other target.
And I saw this article about how much money from
these none or from these wealthy outside influencers to fund
these organizations millions and millions of dollars and show up

(08:36):
at one of these local protests. What are they handing
out communist literature? They're communists. There's folks outside the ICE
facility in New Jersey, Democrats, Socialists of America, Freedom, Socialist Party,
Internationalist Group, Labor Committee to Defend the Immigrants, and the

(09:01):
Sunni Internationalists Club, and even the mayor or the governor there,
I believe, Yeah, Democrat New Jersey Governor Mike Cheryl. Now
you know Democrats, you think that maybe they're on the
side of the ICE protesters, because sometimes they are. We
know that people from outside the state have been interfering
in the protests or escalating them. Five of the six

(09:23):
people arrested last night by state police outside New Jersey. Gee,
I wonder how they got there. Oh, I don't know.
Maybe it's the multiple billions or millions of dollars rather
than been thrown at these organizations for the purpose of
causing civil unrest. Some people know the names Arabella, Oh yeah,

(09:43):
sing them Chinese communists, Parabise live it ever in China. Personally,
I guess through hundreds of million millions of dollars at
these organizations domestic extreme and extremism and or civil unrest
advocates Arabella, buffe at Ford, Rockefellers, Singham, Soros of course
on the list, and the TIDES Foundation. TIDES is a
big contributor, almost nineteen million dollars from that one organization

(10:08):
flowing into these extremist groups. Why are those extremist groups
in existence? I can only at the two hundred and
fiftieth anniversary the United States of America, which apparently we
can't even rally around that concept to undermine and oh,
I say the word overthrow the United States of America
byolet whatever means possible.

Speaker 4 (10:33):
And.

Speaker 1 (10:34):
It just flies in the face of what people actually want,
pivoting over and looking at things sort of on a
macro standpoint. Yeah, these protests are local, and they're at
ice facilities, and they're raging in the streets of any
particular given city wherever they're told to show up and organize,
probably pay to do so. Since they're coming from out
of state. You got to really be an anti American

(10:56):
person to spend your own money and resources to travel
to the far reach of some other state to rehavoc
in the neighborhood. Now I saw this ongoing concept that
most people are aware of. Texas has emerged as the
biggest winner in corporate America's flight from high tax blue
states taxes and regulations, driving companies out of really overly

(11:19):
oppressive in terms of regulatory environment and redistribution of wealth
high tax states because that's what they do with it.
They take your money that you earn and give it
to somebody else, and usually giving it to something that
doesn't have any you know, benefit to the economy, generally
throwing moneys at organizations that don't produce or create anything

(11:40):
by way of income except for salaries for the employees
of these various non governmental organizations. You don't get any
building of economy. Worse, you have taking from people out
there really truly working and benefiting the economy. But it
goes down to a rat hole that doesn't have any
any I mean, it's not self sustaining. It exists because
they take money from others who actually work. California suffer

(12:03):
the nation's steepest corporate losses. I wonder why that is.
San Francisco lost one hundred and sixty three headquarters during
the same period while Texas posted all these games. Then
you've pivot over and see this Texas population boom. Why
is Texas doing so well? People are fleeing the high tax,
high regulation states, the socialist states, and going someplace where

(12:23):
they get more economic and personal freedom. Texas added four
hundred thousand residents in just last year, just last year,
most of any state. They have now thirty one point
seven million people living in the state. Since twenty twenty,
Texas jumped two point six million new residents, which is

(12:46):
more people than the entire state of New Mexico. The
entire population of New Mexico effectively moved into Texas in
a five year period. Ask yourself why, then step back
from that reality happening within the United States of America,
all fifty states. I can choose where I want to go. Yeah,
I'm packing the bags and I'm moving. Not to Beverly Hills, California,

(13:06):
mind you, I'm moving to Texas because it's going to
be better for me. And then step back from that.
Why in God's name when you do the surveys or
read the surveys about the global population, when you looked
at four years of the Biden administration, when literally every man, woman,
in child from the four corners of the globe wanted
to be here as opposed to where they are probably

(13:28):
a hell hole by comparison to the United States of America.
Apparently we've got the right recipe. This is why everyone
wants to come here. And who wants to throw it
all down the toilet? Right, the leftist, the Marxist, the socialist,
and you know, I never have understood why these multiple
billionaires would want to throw money at organizing an effort

(13:51):
to overthrow the very country that made them rich. George
Soros wouldn't be a multi billionaire without the United States.
Dates he built his empire on us. What we have here,
not what they had in Venezuela, and you know, go
ahead and pick another country where it's mismanaged, corrupt Marxist socialists.

(14:16):
It's crazy, but you know, I jump back to that
macro sort of viewpoint. We as individual humans, even if
we're not paying attention to any specific thing going on
in politics or the globe, and even if the world
doesn't necessarily understand Marxism, communism, capulism, capitalism, they know what's
good for them that people do generally. Just like here,

(14:37):
I don't want to live in New York anymore. I'm
sick of homelessness, I'm sick of high taxes. I'm sick
of that I can't afford to live here. I'm gonna
go someplace else. And where do you go? Huh? You
go to someplace that conservatism, low economic, low regulatory burdens,
lower taxes, more freedom. That's where you go. Five twenty

(15:01):
fifty five kr SE detalk Station be right back after
these brief words. Fifty five KRC.

Speaker 3 (15:06):
It happens only on.

Speaker 1 (15:09):
Ffty five Parasee dot Comedy Can't Listen to Live. If
you want to hear it again, head on over to
check out the podcast page. Jack Windsor Hileh Press Network,
Corey Bowman in the studio, a whole bunch of issues,
and the Iris Rolly Shenanigans which Inspector General That's what
I'm calling them, anyway, Todd zins or Citizen Watchdog following
up on them, a list of really great questions for
the administration about IRIS Rolly's contract. I love that guy anyway.

(15:34):
Just to conclude my thought on this whole reality, we
apparently are gravity. We want to gravitate toward where we
get freedom's liberties and lower taxes. We want the ability
to control our own destiny. And that's why you flee
overly highly regulatory states or countries and you come to
where you can enjoy your life a little bit more freely.
That will be here, or that'll be Texas relative to
New York. And I thought about that in the context

(15:55):
looking to the Berlin Wall. Why was the Berlin Wall
built to keep the common or to keep the post
World War two German folks from escaping to West Germany? Hmm.
West Germany didn't build a wall to keep its people in.
The Commings built a wall to keep their people in
and preventing them from escape. What are people doing in California.

(16:19):
Why do they want an exit tax right to try
to convince people not to leave, because if you leave,
you're going to have your money taken away or some
of it. Anyway, we have the freedom of travel in
this country. That pesky constitution allows us freely to travel.
Why do we have a wall on the southern border
to a certain degree, Why is the United States trying
to protect itself from people coming in because it's the
place to be and everybody who comes in here gets

(16:41):
to hook themselves up to the social welfare safety net,
which is a stupid concept. But you know, there's a
hilarious video. A couple of left wing women left California
fearing for their lives. I guess they were social media commentators,
and I guess that baggage goes along with social media commentary.
They ended up in Vancouver, British Columbia, where they found

(17:01):
out that, oh, we are out here on a tourist
visa for six months, but we're not allowed to work.
Canadian law does not allow us to work. Oh, and
they were dismayed to find out that you can't get
on the Canada's social healthcare system either. They actually were
pleading in a video for a like a GoFundMe help

(17:22):
us to afford rent because they found out they couldn't
afford rent when they got there. Huh. Well, it sounds
to me like the Canadians have better protections about their
social welfare safety net than we do. And maybe it's
a little warning sign if you're planning on fleeing from
one place to another, you might want to look into
the destination choice because it may not be as rosy

(17:45):
as the press paints it in terms of how great
things are with socialized medicine and blow that kind of crap.
Five twenty six fifty five Krcity Talks Stations. Got some
local stories coming up. Our phone calls either way, We'll
be right back. This is fifty five karc I Heart Radio.

Speaker 2 (18:00):
Sticks Like It or Not.

Speaker 1 (18:03):
Five one three seven fifty five hundred, eight hundred eighty
two three Talk Now five fifty on AT and T phones. Hey, Joe,
do you know whether Bobby was right or what the
over and under was? I think he called seven shootings
between Friday and Sunday. We hit the under. Well, that's
actually good news, I suppose, depending on where you placed
your bet. Let's get to the phones five on three

(18:24):
seven fifty eight two three talk. Tom is on the phone.
All is right with the world. Welcome back, Tom.

Speaker 4 (18:30):
Yeah, it depends on how much you bet, Yeah, what
what you actually had on it? I mean you made
a little something often, I guess.

Speaker 1 (18:37):
But oh, it's.

Speaker 4 (18:38):
Always good news when there's less shootings than then we
think there would be. But I don't know what what
well it actually was except for the maybe the two
or three that got shot. I don't know how many
actually how many shootings actually happened? Do we know?

Speaker 1 (18:51):
We don't how many gunshots? How many well that shootings.
Usually when someone actually gets hit, that's when we are
I think dealing with Bobby's over and under. But I mean, hell,
I right, how many guns? How many bullets were fired
that didn't hit anybody? How many uh you know, shot
spotter incidents were recorded? Because apparently in certain neighborhoods, the
gunfire is so regular that you don't even notice it anymore.

(19:14):
It's like blues brothers. How often do the trains go
by them? So often you won't even notice it?

Speaker 2 (19:19):
Right?

Speaker 1 (19:20):
Right?

Speaker 5 (19:21):
Uh?

Speaker 4 (19:21):
Yeah, you're you're one of your topics this morning, you're
bringing up about these I agree with you. I think
it's stupid. I don't understand people are trying to tear
down a country that made them stealthy rich. And the
only thing I can think of is is what you
have when these countries like Venezuela, on all these countries,

(19:44):
when they go belly up and they're still in existence,
they still are going along, but they there's a very
small percentage of people that are are are getting rich still,
and they're getting rich off everybody else. And maybe these
people are hoping that they're going to be that very
small percentage of people. Yeah, and the corrupt ones, the

(20:04):
ones that are still getting Yeah, that's the only thing
you think of.

Speaker 1 (20:07):
That's that that goes hand in hand with some of
my listener's theories about you know, the future. They want
a world with a far lower population, with you know,
a handful of of you know, like Woodrow Wilson's sort
of experts that know everything there is to know about
how you and I are the remaining people should live
their lives. And I suppose if you are a multi
multi billionaire like George Soros, you kind of assume that

(20:29):
you're going to be one of those people, because well,
you've got a whole lot of money and kind of
can make better preparations for that. It's like, why are
all these multi billionaires building bunkers on their compounds? A
little concern over that maybe they see the future that
we don't see, or maybe they're anticipating something perhaps a
little paranoid. Maybe I don't know, but maybe they know
something we don't. I'm not that. I'm not in that

(20:51):
level of wealth and and you know, cash reserves and holding,
so I can't even consider contemplating something like that.

Speaker 4 (21:00):
Not up in the Willie Cunningham strategy. No well no, not.

Speaker 1 (21:05):
Never gonna make that level, never gonna make Well this.

Speaker 4 (21:08):
This the stupid. The stupid people are the ones that
continue to vote for this crap. That's more that my
message is aimed at you people that go out and vote.
Think about what you're doing. Think about the people that
you're elected. That's what they stand for and what they're pushing.
I mean, come on, think about it. It doesn't take all.
You don't have to be a rocket sciences to see
what's going on. Don't loot democrats have a great day.

Speaker 1 (21:31):
To Tom Yeah, to that point, I was one of
the things that's got me so depressed. I wake up
and I'm reading about this Graham Platner guy again. He's
almost in the news every single day running for the
Senator from Maine.

Speaker 3 (21:42):
The guy is unhinged.

Speaker 1 (21:46):
By all objective measures we can objectively, we can conclude
the man is unhinged, and yet he may very well
become a senator. The total cough Nazi tad to wearing
crazy guy who's insulted almost every single person of every
It's just how do we how are we in the

(22:08):
country like this? And he's only one of a multitude
of crazy, unhinged and quite frankly, really really stupid people
who may very well who actually stand a decent chance
of getting elected. What has happened to us collectively? Local stories?

(22:32):
We got a woman dad after a single vehicle crash
and happen Union Township yesterday evening Mason Morrow Millgrove Road,
Union Township, seven to ten pm yesterday. Preliminary investigation found
a two thousand and six Ford Focus driven by Paulette Hines.
Not a whole lot of paulettes in the world happened
to be married to one. She's fifty one, traveled off

(22:53):
the left side of the road, hit an embankment, then
flipped several times. Declared dead at the scene. Official say
heines not wearing a seatbelt at the time of the crash.
Police are still investigating as the time I'm reporting. Go
to Louisville. Child dad two others are facing life threatening
injuries after a car crash into a horse and buggy
in Carroll County. Kentucky State Police said they responded to

(23:15):
a two vis vehicle collision in Carrollton yesterday. Investigation indicated
that a white Nissan Ultima driven by Daniel Crawford, forty four,
of Carrollton, rear ended a horse and buggy carrying three juveniles.
All three of the juveniles taken to Norton Children's Hospital
Louisville with life threatening injuries. Kentucky State Police later updated

(23:36):
that one of the children sadly passed away from these
from the injuries and the crash does remain under investigation.
Five point thirty five Right now fifty five kr SE
detalk station fastened pro roofing the best You went great roofing.

Speaker 3 (23:49):
You want detalk station.

Speaker 1 (23:56):
It is five forty at fifty five car see de
talk station Call me up one two, five, one three
seven four nine fifty five hundred, eight hundred and eight
two three talk or pound five fifty on AT and
T phone. So figure some topic out you want to
talk about, bring it to my attention. Please feel free
to engage in the conversation Number fifty five caresee dot
com so you can listen wherever you happen to d
I heard media apps right there. I get a big

(24:18):
kick out of folks when they let me know where
they're listening from from outside the greater Cincinnati area. I know,
I'm old. I guess it revealed that every time. It's
like breaking news. Ryan. You know we have the Internet
now you can listen from elsewhere. I just think it's cool.
So I'll get your IHEARTMEDIAPP. It's really convenient. And good
morning to my wife, who I know is always on
the iHeartMedia app cause she takes a dog for a
walk and listens to my program. It's nice to have

(24:39):
a wife who actually wants to hear me. And you know,
I get I honey. I will acknowledge I am using
my indoor voice. I was a bit of an inside joke.
I can get passionate. When we were discussing, you know,
political matters, in around the dinner table. All had dinner
at my mom's last night to celebrate multiple birthdays, including
my wife's happy birthday, paul Ette. So try to steer

(25:03):
clear of politics otherwise. Brian Thomas's voice goes up and
he is reminded that he needs to use his indoor voice.
All right, I think we need to cue up, but
just walk away, Joe, Eric Pierriza. I don't know if
I'm pronouncing right pie r wz wsz at Pierza close enough.
Eric's forty eight years old. I guess he snapped because

(25:28):
for some reason he jumped on top of a Caboda
excavator and started tearing apart his home. Best good to say.
The damage is so severe that there are concerns about
the home structural integrity. I'm looking at it and yeah,
he did one hell of a job tearing the house up.
Please say the incident unfolded. Yes, Last Tuesday morning, arn
Martin Road in Buffalo Township, one of his neighbors said,

(25:49):
I'd like to know what, she referring to the guy's
wife said to him, because I'll make sure I don't
say it. Forty two years I've been married, I've never
threatened to tear the house down, and according to the
criminal complaint, this guy told his This guy's wife told
police that he showed up home at the family's house
after drinking all night and then started an argument with her.

(26:12):
That's when she told him the marriage was over. His response,
if it's over, I'll tear the house down, please say.
A few minutes later, he climbed onto the Caboda excavator
and started yes tearing the house down while his wife
and two daughters were still inside. You know, I was

(26:33):
anxiously reviewing the facts of this article to figure out
hole in the hell this excavator was right there in
his yard, ready to use to tear the house down.
I don't know if he was getting work done, but
it was conveniently located enough that he could do this
rash thing. Criminal complaints They dispatches could hear yelling and
the sound of the excavator while his wife called nine
to one one. Investigators say that the once the destruction stopped,

(26:56):
peers up, went back inside, grabbed the jim bag, and
took off toward Fawn Township before eventually being taken into custody. Yeah,
KDKA news there interviewing folks in the neighborhood. One of
the guys said he's hunted with Piersoa before, and he

(27:18):
described as being a big outdoorsman, and he was also
shocked by the allegation his charges. I love this one
causing a catastrophe. I didn't even know that was a charge,
reckless endangerment and disorderly conduct. Court records show his wife
planned to seek a protection from abuse order after the incident,
shocking literally no one. He's doing court again June ninth.

(27:41):
If you're in the area and want to show up,
you think for a moment, the guy contemplated the reality
that you know, he's got a vested financial interest in
the home, and tearing the home down just because he's
pissed off at his wife might not be in his
own best interest. Oh, I know, Joe, I understand, you

(28:02):
get it. I know you get the anger. But you see, Joe,
you would never do something so unbelievably stupid as that.
That's a good question. Joe wanted to know. If he
had a go fundme page, You've planned on making a
contribution just because you can relate on some level, Strekker. Okay,

(28:31):
let's just go ahead and take Frank herrecuse. I can
mention Bud Herbert motors. I don't know if Bud Herbert
sells Cabota Excavators. There's there's sort of a thought. Sorry
to Bud Herbert for even bringing that up. But you
know what by KRC the talk station, it is five
forty nine here fifty five krs the talk station blagging
or not dealing with another Monday. Try to light it

(28:55):
up with a stacker stupid this one? Wow? Okay, partly
agreement with prosecutors. A criminal case has been dropped against
a Texas embalmer who last year allegedly mutilated the corpse
of a sex offender. Brace yourself, stuffing the decedents severed

(29:15):
penis into his mouth. What phony charge against Amber Loudermilk,
who's thirty six thrown out earlier the month, Harris County
District Attorney Court judge granted dismissal motion filed by the prosecutors,
who noted an alternative resolution agreement was entered into with
missus Loudermilk. In his motion, the prosecutor offered a one

(29:37):
line description of the agreement explanation. Colon defendant completed a
class for dismissal close quote whatever complaints dismissal and the
quote unquote class not further explain. Another court records to
court to the Texas Funeral Service Commission records Loudermilk's and
Balmer's license, which was suspended after her arrest, expired at

(29:58):
the same time the abuse of corpse charge was dismissed.
Investigator's alleged that Loudermilk used a scalpel to disfigure the
corpse of Charles Roy Rodriguez, who was fifty eight, was
a registered sex offender who lived outside of the Houston area.
Mutilation occurred shortly after a Memorial Day. I'm sorry memorial
mortuary and crematory workers learned of his criminal history, ledged court. Hey, Joe,

(30:26):
I guess like pedophiles going into prison suffer the fate
that we all know they suffer, this is a new
one for me as a legend, the court complained. A
provisional Embalmer told police that she saw Loudermilk's stab defendant
Rodriguez twice with a scalpel in the growing and then
cut it off and place it into his mouth. It

(30:50):
doesn't say whether she has a GoFundMe page. Joe Laudi Milk,
according to police, told the witness who watched this, you
didn't see anything. H funeral director said loudermlks fondling the
mouth of the deceitan, That's what she said she saw,
adding that the decedent penis was in fact in his mouth.

(31:16):
Well that's a whole lot to swallow on a Monday,
isn't it, Joe phrasing. Ah, here's a bizarre one, aren't
they all? We go to Florida where a woman who
stole a coworker's Stanley cup so she could use it
to store her breast. Milk has accepted responsibility for theft.
It's part of the deal with prosecutors, and she will

(31:38):
complete as a consequence of her deal with prosecutors, what
they're calling a shoplifting awareness course. What it's part of
the pre trolley intervention agreement. Arianna Moss, who's twenty nine,
is going to be paying fines and court costs related
to the theft of a singular insulated coup. You know,
I thought about this in the context of US not

(32:00):
even bothering to prosecute criminal juveniles in the Greater Cincinnati area.
They won't even go through the process of writing them up.
They'll let them out. We don't have anything. This woman
stole a sixty dollars cup and went through the entire
judicial process in Florida. Joe doesn't say anything about her
having to get a library card, so the misdemeanor charge

(32:26):
is going to be dismissed after she completes this six
month program six month course in shoplifting Awareness. Arrested in
January after taking the forty ounce insulated to tumblr owned
by a female coworker at a wrec complex in Florida.
Before mos stole the sixty dollars item, a witness told
police that she had pointed to it and mused, quote,

(32:49):
this cup would be great to hold my breast milk
those quote And of course there was a surveillance camera
which did record her hiding the Stanley cup in her
lunch box before leaving the Highland Rec Center. That's where
she worked as a supervisor past tense On worked. She's
no longer there. She quit her jobs after the theft,
and she's been barred with having any contact with the

(33:11):
rec center. I hope it was worth it. Local Story
Local twelve reporting since a woman allegedly passed out and
crashed her car while driving under the influence, while her
two young children were in the back seat. Hamil on
the Communistipal Court records say they received a nine to

(33:33):
one one call May thirty three regarding a quote possible
impaired driver who struck her guardrail, was unable to maintain lanes,
and was also reported to be unconscious. Close quote. Vehicle
found by police pulled over for a traffic stop. Police
said the driver, identified as Kayla Helton in the court documents,
determined to be under the influence. She reportedly admitted to
being on methadone. Police investigated the vehicle and found two children,

(33:56):
ages five and eight, in the back seat. She was
rest charger two counts of endangering children. Wow, that's sad.
What more can one say? We are out of time
in this. I see carl Is on the phone. Carl,
if you gonna mind, don't mind holding a little bit,
I'll be more than pleased to take your call after
the top of the hour. News and yeah, I plague

(34:18):
update in the next hour, just in time for World Cup,
says Joe Strecker. Don't go away, I'd be right back.

Speaker 3 (34:25):
At the top of the hour.

Speaker 1 (34:26):
Here the top stories of the talkstation.

Speaker 3 (34:30):
Six oh five here.

Speaker 1 (34:31):
At fifty five caroson Talk station. My name is Brian Thomas.
The executive producer of this program is Joe Strecker. Without him,
this show would not actually exist. And the phone over
here if you like to call, it's five one, three, seven, four,
nine fifty five hundred, eight hundred and eight to two
three tok or pound five fifty on AT and T phones.
I welcome phone calls from the listeners topics. Maybe I'm
not going to dive on into you can steer us
in a different direction here in the morning show, real

(34:51):
quick for we get the Carl hold on one second,
Carl coming up seven to twenty. It is Monday. That
means we hear from Christopher Smith, Aman, former vice mayor
of the City of Cincinnati, and the Smith event. We're
here from Brian James. We do Money Monday with allword
of financials Brian James every Monday at eight oh five
Wall Street bubble concerns about the national debt and those
are justified concerns. Inflation really hitting people hard and to

(35:12):
the breaking point. And finally, artificials, a artificial intelligence stock
some apps are growing in popularity. I guess investment opportunities
still exists. We have care seet cares. Today we're going
to have Deanna Coleman, she's an RN with the Cincinnati
VA talking about innovation and technology at the VA. So
there's our lineup for this morning. Let's get over to
the phones. Carl, thank you so much for holding over
the break. Welcome to the show.

Speaker 5 (35:33):
Sure, good morning, Brian, good to talk to you.

Speaker 1 (35:36):
Say.

Speaker 5 (35:36):
I received a email from Greg Landsman yesterday. He's my
first congressional district member in Congress, and the title is
fighting Trump's corruption. Of course, has put out a taxpayer expense.
But as I scrolled down further in the email, he
met with first Student Bus Company. Now that bus company

(35:59):
provides rides to school for the students. They service five
million students a day, and they talked about how he
can support their efforts to expand electric school buses and
ensure students continue to have reliable It says reliable transportation

(36:20):
to school. And anyone who listens to the media at
all knows that the school buses are not reliable in
the cold weather during the winter.

Speaker 1 (36:28):
I know, Yeah, you're right.

Speaker 3 (36:30):
I'm laughing for a variety of reasons.

Speaker 1 (36:31):
The other this is the cost associated with acquiring an
electric school bus, which I understand are substantially more expensive
than the diesel buses out in the world. Yeah.

Speaker 5 (36:41):
You know, a FIR student is looking for a handout
here because if they weren't, they would just go ahead
and buy the electric school buses. So they want to
you know, taxpayers to support these things.

Speaker 2 (36:53):
Yeah.

Speaker 5 (36:53):
Yeah, I understand, fuel prices are up, but come on,
fuel bull.

Speaker 1 (36:58):
Fuel prices go up, fuel price go down, and you know,
and you know the other component of this, Carl, how
is electricity generated these days? Do you think that the
electricity when you go to power up your electric vehicle
or buses the case may be, is being powered exclusively
by wind turbines and solar panels. No, it's being powered

(37:19):
by a natural gas and maybe if you're lucky in
nuclear plant, but you know, the traditional quote unquote fossil
fuel type power generation. Maybe you got some hydro in there.
It's a mixed bag, but a lot of it's coming from. Yes,
the the the energy sources that have gone up. And
I asked someone the other day, I said, is there
do you save money charging up an electronic an EV

(37:40):
versus pumping at the gas, And because I have never
charged an EV, I don't know what it costs to
do so. But you know, considering we're supposed to be
doing this the name of global warming, you're still not
reducing carbon necessarily. It still costs money to charge it.
And if the price of energy is going up, I
don't know that you're necessarily going to achieve any money
savings by moving away from d diesel and going with electric,

(38:01):
but let's say that's possible. The price of buying an
electric bus is far exceeds the cost of a diesel bus.
And if you're doing this in the name of global warming, Carl,
you got to factor into the global destruction and carbon
output that it takes to build an electric bus. It's
the whole this nonsense is collapsing on top of itself, Carl,
and I got to thank you very much for bringing

(38:23):
up that particular topic, because among the topics I wanted
to get into is exactly that. Thank you. I saw
this and I wrote jump the Shark for those who
remember happy days when Phonsie jumped the shark. That's the
moment in time you realize that you know they've run
out of ideas and concepts, and they've gotten so ridiculous
that you know, it's a moment in history that now
has a name, California Climate Change Program. They are actually

(38:47):
giving free there's that word, solar panels to illegal immigrants.
There's a program. Of course, there is the farm worker
housing component or the low of the subset of the
low income Weatherization program. Taxpayer dollars throwing money at this
in the name of global warming, climate change. This is

(39:09):
how these programs get created. And of course there are
some non governmental organizations that are responsible for administering this,
and they've all agreed that, yeah, we've spent forty nine
million to hand out free solar panels to recipients, many
of whom illegal aliens. All right, do not care what
you say one way or another. I'm just thinking another
sort of social welfare safety net program that people who

(39:31):
shouldn't even be in our country are glombing onto. There's
your tax payer dollars going to get another one. But
why we have these programs out there feeding families that
work for NGOs on global climate change. It's an industrial
complex out there. Trillions of dollars been thrown at these

(39:52):
pivot over Holman Jenkins Junior op ed p's Donald Trump
climate scientists how a presidential tweet force the media to
come to terms with its faulty global warming reporting. Now
we need to get the word out on this because
of our young people are all indoctrinated and mindlessly say
your car is killing us, among other ridiculous assertions. You

(40:13):
also need to talk to those people that are true
believers about the reality of what we use petroleum in,
which is literally everything, including you know, the plastic bottle
they're drinking their water out of. Anyway, he points it out,
many Americans still think the key question in climate politics
is a human effect on climate yay or nay believer
versus denier those your two camps. No, you're right. For

(40:36):
forty years, the only interesting questions have been how and
how much are we influencing the climate and the cost
and benefit of proposed actions, questions that can't be answered
by shouting yay or nay about human role in climate change.
Activists have taught us one thing. Hectoring about the end
of the world insisting the science is settled. Equating doubters

(40:58):
to holocaust deniers has been a stimulant to green pork
and not real climate policy, the pinnacle of cynicism being
Joe Biden's Inflation Reduction Act. The public understandably long ago
stopped listening, or maybe it started getting its guidance from
Donald Trump, which wouldn't be the worst thing in the world.

(41:22):
This month, when the authoritative United Nations Advisory Panel quietly
junked a long misused worst case emission scenario known as
RCP eight point five, one of the first to notice
was the President, who charmingly tweeted about Democrats and their wrong, wrong, wrong,
all caps climate estimates. This was a public service, it

(41:43):
turned out, for mister Trump's post forced the media to
reckon with a decade's worth of its own bad reporting.
Let's start with a bit of perspective. It all began
with the twenty eighteen US Government Assistant An Assessment, instigating
what I. Homa Jenkins Junior called a psychiatric moment for

(42:06):
the news media, piling up worst case assumptions, including this
RCP eight point five. The report issued by the government
showed warming nevertheless to be an affordable burden for Americans,
who would be three or four times as rich by
twenty ninety despite an adverse climate, a warming climate. In

(42:26):
other words, we're not all going to die. But this
created a problem for the press. All climate news must
be bad, tending toward worse. Reporters did the only thing
they could. They ignored the numbers and filled their dispatches
with adjectives indicating a doom that, hilariously, the study didn't

(42:48):
even support par for the course. Maybe, but the episode
was so grossly stupid it gave birth to a resolution
by scientists to stop feeding the media worse case scenarios
to misrepresent. This impulse has now been honored with a
semi congratulatory presidential tweet. Always a lagger, though, is the

(43:11):
New York Times first It resorted to a canard in
response to Trump's posting a story claiming that our cpaight
point five, far from being faulty, simply was rendered moot
by the glorious carbon reducing progress of green energy. This
was so obviously false the paper ran a second report,

(43:32):
now admitting that, in their words, news stories in other word,
its own about climate research often emphasized the results based
on our cpaight point five as a picture of what
the world can expect unless countries slash their emissions, which
isn't right. Understand, it's a close quote. Understand. Our PC
eight point five was created to give scientists a high

(43:55):
emissions path to play with. From the start, it lacked
any consistent and internal logic, as its original designers stipulated.
Only later was a backstory of justification added in an
RCP eight point five World All Technological Project. A progress
in the energy field would end. That is, with a

(44:18):
strange exception, the technology to allow the world to quinn
tupple its coal consumption, such as burning coal in cars. Remember,
as the worst case scenario, we will never progress forward
in terms of energy generation. We're all gonna die because
of carbon creation. They failed to take into account something
that I've been advocating for now forever. As my regular

(44:39):
listeners know, small modular reactors. They're a thing. We could
have them now. They would produce carbon free energy in abundance. See,
it didn't even take that into account. It ignored the
bright reality that might happen. There's always progress, folks. We're
not gonna all starve to death. We have fertilizers in
modern crop production they didn't have, and we all thought
the world was going to run out of food because
of overpopulation. Anyway, back to home, and in any sane model,

(45:03):
of course, technological advance is routine and must be accounted for,
and we've had plenty in all areas of energy production
and distribution, including green energy. But the world consumes more
of every kind of energy, even renewables, without necessarily having
any deliberate effect on emissions, though those emissions remain far
below the RCP eight point five forecast, which proved useful

(45:26):
only for over selling climate doom to the public. The
larger lesson is an extraordinary story of futility and cynicism
which passes itself off as climate politics. Literally trillions of
dollars have been wasted. The story begins with the Obama

(45:47):
administration ditching a carbon tax in favor of green pork.
It ends with the former John carry Aid arguing last
year that the effects of climate change, in his words,
resemble those if China or Indonesia were to launch miss
at the United States, in other words, saying this climate
change is basically had going to have the same impact
as nuclear war. Homan Jenkins interjects the US should consider

(46:10):
employee military power against emitting countries. This record of disgrace
only underlines the glory and mystery of the current moment.
Organized climate science is finally repenting of its overuse of
worst case scenarios, and not because of searching criticism from

(46:31):
an honest and competent news media, but because of embarrassment
that shoddy mainstream coverage of climate science. This climate sciences
are embarrassed that they had the reporting. It was done
this way. That's not what we said. More amazing, the
truth has now reached the readers of the New York
Times and likely wouldn't have if mister Trump hadn't posted

(46:53):
about climate science in his usual hyperbolic all caps way
on truth six eighteen fifty five care CD talk station. Amen,
Now let's get the word out and then we can
start talk station six twenty two here fifty five care
see the talk station that a Monday, trying to make

(47:14):
it so anyway, you know, contemplating this whole nonsense, this
bill of goods we've been sold. If I say it's
a bill of goods and hopefully everybody'll figure it out
talking about this green energy crap and the reason we
need it, and then we find out the predicate for
it is, well, maybe things aren't going to be so bad,
and it won't be bad. Spin it back to al
Gore's movie Inconvenient Truth. We were all going to die

(47:35):
and those the predictions came and went and none of
them came true, not a single one. And yet school
children were lined up to see that movie was shown everywhere.
This is our future. If we don't get all we
don't get, we need to start well. And Joe Strekker said,
he goes, I did not put this spot in here,
the electric vehicle spot we just heard. The timing was

(47:56):
just already built in the equation. We didn't even know
what it was. But if you take out the alarmism,
the fear that was put into our hearts and minds that,
oh my god, carbon dioxide, it's going to kill us.
All the sea levels are gonna rise, New York City
is going to be underwater in or to step back

(48:19):
from that and realize that you know, all of this
was built on lies that you have been convinced that
of about something that isn't true. I personally would feel
let down, But then again, I never bought into the
bill of goods it was being sold anyway. It all
seems so illogical. And crazy, So you step back from
it and then wonder what was the motivation. Why were

(48:44):
they trying to get us to believe the world was
going to come to an end if we didn't quit
pumping gas into our cars. And you know, some out
there say they just want to control us. They want
to limit our freedom of travel, they want a limit
our ability to move about. I don't know. I don't
understand that philosophy because I don't spring from such a
level of narcissism that I think I know better than

(49:06):
everybody else about how to live your life. But clearly
we are filled with a world full of our politicians
and our leaders and those that make the decisions for us.
People like that who think we are a bunch of
children who are incapable of making our own decisions and
we need to be controlled and kept in our little environment.
But if you can convince someone who is a believer,

(49:28):
a firm believer, that they have been lied to, what
do you think the reaction is going to be to that?
As I stare at Ebola getting to be a bigger
and bigger problem, And Joe Strecker pointed out that Congo
is in the World Cup and there are more than
a thousand cases and death so far about ebola. Is
that going to come out into the world? And if
it does, are you going to remember the bill of

(49:51):
goods that we were sold about COVID nineteen hmm. Yeah,
we were lied to about that as well. Maybe not everything,
but the mask and the social distancing all pulled from
someone's sphincter, like maybe doctor Fauci. Oh, yeah, an Amy
lockdown acting here in the state of Ohio, Jo, thank

(50:11):
you very much for a plug for vvig Ramaswami, which
is a much better option. I would hope that you've
concluded than Amy lockdown acting. You can't go to church,
you can't go to work, and you can watch your
loved one die in a nursing home and you won't
be able to visit them. Six twenty five right now,
fifty five kr SED talk station.

Speaker 3 (50:29):
USPEED talk station.

Speaker 1 (50:33):
At six thirty Here, fifty five KRCD talk station five
point three seven hundred eight two three talk Tom five
fifty on eight.

Speaker 3 (50:39):
And T phones.

Speaker 4 (50:41):
Yeah.

Speaker 1 (50:42):
Since Juck was talking about traffic, I saw the reporting
on the Brents Ben's Big Bridge project that got the
equipment showing up tugboats pulling in cranes and other equipment.
The project four point zero five billion dollars. How many
presidents campaigned on getting that one done? Yeah, well it's uh,
it's starting right now. Timeline has changed a little bit.

(51:03):
Let's see. Early approach work is going to continue to
the spring. Utility relocations, preparation for the bridge foundation work.
The Companion Bridge, the one they're building, expected to open
in twenty thirty one, and officials anticipate the approach work
will be completed by twenty thirty three. Got quite a
few years of this coming our way. Timeline for the
upcoming closures regarding the Brents Benz Bridge Corridor project revised

(51:27):
for some additional time, they say, to allow the utility
work to be done. Temporary and permanent closures of interstate
ramps were originally scheduled for last week, now expected to
start on June eighth. Specifically, I seventy one seventy five
northbound off of Twelfth Street slash MLK Boulevard and the
ICE seventy one seventy five southbound ramp from Twelfth Street

(51:50):
MLK Boulevard will close, along with Bullock Avenue from Pike
Street to the Ice seventy one seventy five southbound ramp
on twelfth. Twelfth Street bridge between Simon Kenton Way and
Bullock also be closed. Simon Kenton Way will change the
two way traffic at that time traffic We detoured via
Pike Street and Dixie Highway to Kyle's Lane and then

(52:10):
I seventy one seventy five southbound. Man, this is as
I read this and I'm thinking, yeah, you're driving along
going What the hell is he talking about? I need
a map to really figure out where this is. Just
expect a lot of delays and problems. Ultimately this will
all work out for everybody's benefit, hopefully, but presently gerdia
Llin's another local news. A child dead two others are

(52:34):
facing life threatening injuries after a crash into a horse
and buggy. It happened in Carroll County corner to the
Kentucky State Police who responded to this two vehicle collision
in Carrollton yesterday. Initial investigations indicate that a white Nissan
Ultimate driven by a guy named Daniel Crawford, who's forty
four from Carrollton, rear into the horse and buzzy buggy
that was carrying three juveniles, all three taking a Norton

(52:56):
Children's Hospital. Sadly, one of them succumbed to the injuries.
Crash remains under investigation. We have a woman dead after
a single vehicle crash in Union Township. This happened last
evening crash having a Mason Morrow Milgrove Road in Union
Township ten minutes after seven pm. Preliminary investigation found that

(53:18):
at two thousand and six Ford Focus, driven by Paul
Atte Hines fifty one A Mainville, traveled off the left
side of the road, hit an embankment, flipped over several times,
and then came to a rest on the guardrail. She
was declared dead at the scenes. Official st Hines was
not wearing a seatbelt at the time of the crash.
This investigation also continues. Butler County Sheriff see here, Steve Home,

(53:53):
let's see here. I'm sorry, I got confused on this
local story. I apologize and without further deo, let's take
an early break here because a posity. You know, actually,
I can go back to Bobby's over and under. I
didn't see a whole lot of gunfire and murders over
the weekend, so in a nod to Bobby who put
the over and under at seven for gun violence over
the weekend. At least it appears to have come in under,
so there's a positive local story made on the fly.

(54:16):
Sixths six thirty four. You're fifty five fifty five k
the talk station. It is six thirty nine here at
fifty five k rs DE talk station. Regular listeners know

(54:39):
this song means we're gonna do a plague update. I
alluded to it a moment ago and last segment. Or
you can call five one three seven nine fifty five
h eight two three talk time fix fifty on eight
and T phones little anthrax for you. Now, Okay, here's

(55:01):
the next plague. It's coming our way. Oh my god.
The alarm bells are going off. And we've heard about
a bola before. It never really did quite make it
out of the area where it was found in Africa.
We now have some concerns being expressed by a lot
of medical health professionals that got a real problem on
our hands. Are we going to take it seriously if
it comes here? After we relied to about COVID, let's

(55:21):
start over in Republic of Congo, where they say more
than eleven hundred people are suspected of having contracted ebola.
Head of the African Union's Health agency said yesterday talking
to The Financial Times, Director General Gene Cassea of the
African Centers for Disease Control and Prevention they have their
own CDC there, how about that said two hundred and

(55:42):
sixty three confirmed cases, forty three confirmed deaths, more than
eleven hundred as I mentioned, suspected case still being investigated.
According to the officials African CDC, they said there have
been two hundred and forty six deaths from the virus CASEYA,
criticizing African's dependence on outside financial support, another reality we

(56:08):
must move at the speed of the epidemic. Health Minister
of the Democratic republica Condo Congo, Uganda and South Suzan
Sudan recently adopted a some three hundred and nineteen million
dollar response to this outbreak and what they anticipated and
they anticipate it's going to get worse. It's not enough
money to be thrown at it, apparently. Outbreak declared May

(56:29):
fifteenth in the northeast part of the Democratic Republic of Congo,
home to more than one hundred million people and also
one of the poorest countries. In the world. The disease,
described as causing deadly hemigaic fever, has been detected in

(56:50):
three Congolese provinces as well as Uganda. There is no vaccine.
There apparently is no approved treatment against this version of
the virus. It's the bunded bugio virus or the strain
rather of it. World Health Organization they say they've triggered
an international health alert. The true scale the outbreak, they say,

(57:12):
is unknown. Again, you're talking about a very very poor
country with very very poor communications. People do not understand
and have an understanding of what this virus can do,
how it can be contracted, or what to do if
you do contract it. And people apparently are fleeing the
area when they become aware that the bowl is floating around,
they pack up their bags and they move. And international

(57:34):
health authorities are saying this current figures that we've got
right now. Again, the scope of this is really truly unknown.
They say, all of this is probably an underestimation. Now
going back to a climate alarmism, you know, the reporters
like to do and report what the reporters like to report.
Maybe they're all just trying to get us all gemmed up.
Over something else. This one's kind of a scary proposition.

(57:55):
CDC director Robert Redfield said he would not be surprised
there are multiple ebola cases inside the United States, and
this ebola outbreak that's going on right now that I
mentioned in Congo in the regions around there, the third
largest in history, a cord to the World Health Organization,

(58:16):
which has declared a public health in our emergency of
international concern. Redfield, the former CDC director, said, I wouldn't
won't be surprised if we don't have one or two
or three sporadic cases referring to here in the United States.
And here's the fun fact, Jostrekker glombed onto this because
he's a huge soccer fan. I'm only saying that because

(58:41):
of the World Cup coming a lot of travel. It
depends on how much of this virus does get outside
of the Democratic Republic of Congo. Administration officials said last
Wednesday that White House plans the sen's Americans exposed to
ebola to a quarantine treatment facility being constructed in Kenya.

(59:02):
Well that kind of sounded weird, isn't it. We've already
thrown at resources at a treatment facility in Kenya to
treat Americans, notwithstanding the fact that it's being constructed there.
It's Fox News or remembers The News Nation reported that
a court in Kenya last Friday block the government from

(59:26):
permitting the United States to establish the quarantine facility. Okay,
Former CDC director Redfield said the facility in Kenya is
not a good decision by the administration. He suggests that
Americans affected by Ebola are best off receiving the highest
quality care possible, which he said is in the United States.

(59:48):
All right, Well, that's a red flag to me too.
If you could treat people elsewhere and not bring the
ebolavirus into the United States, doesn't that sound better, at
least in terms of protecting the population of the United
States of America. Well, it does to me anyway. And

(01:00:09):
there already had been affected Americans, they said. The administration
has evacuated at least one American doctor who was infected
with a bowl and they sent him to Germany. Another
doctor exposed to the virus was sent to Prague. I
wonder if Germany or Prague had anything to say about that. Oh, sure,
bring them on in. That's nothing nothing to see here,
not gonna be a problem. Gerd your loins, folks. Maybe

(01:00:31):
this is the next one. I don't know, more than
likely not five three seven fifty five hundred eight six
fifty five Karasiti Talk stations five one three seven fifty
five hundred, eight hundred and eighty two three talk go
with pound five fifty if you have an AT and
T phone and go to the podcast page fifty five
cars dot com. Real interesting time talking was signal ninety

(01:00:53):
nine last week and that Iteam report about iris Roli
and everything's going on in downtown since any Todd Zenzer's
following up on that, lots have really pointed, and great
questions from citizen watch dog Todd Windsor about this contract
she entered into and all of the missing documents and
the suspicious reality of the money that's being paid to
her and her sons. No nepotism when you got a

(01:01:15):
subcontractor doing the work, you can't do it if you're
a city employee, which maybe why she's not employed by
the city and is being employed under a separate contract.
But Traction Galore online with signal ninety nine comments about that.
So happy to have her on the program and I
will look forward to while interviewing her and talking to
her more about the information that she presents to everybody,

(01:01:36):
and doing some great local reporting by having the inside
scoop and the inside contacts with the various organizations in
downtown since say, like police and fire and ems and others.
I am struggling with this one. I really bothered by it.
You know, I'm a patriot, I try to be anyway.
I don't understand the evil and hatred that's being You

(01:01:58):
know that the United States is being tact you know,
we're the worst country in the world, and in spite
of everything that we've done. We could go on and
on about all the things. The illustrations, these these mark
literally Marxists trying to get illegal immigrant murderers and rapists
out on the streets in New Jersey. And you know,
the the Antifa folks, black Lives Matter, and that's not
saying anything about the race of anybody. It's Black Lives

(01:02:20):
Matter organization, which was a self described Marxist organization. So
I don't get any of that. All of them, as
I mentioned earlier in the program, well funded. They're non
governmental organizations. This is a new business model. You get
really wealthy Marxist leftist donors who made billions of dollars
off the American economy funding these organizations which are designed

(01:02:40):
solely to undermine the United States of America and create
division in our country. And it's having some wild success.
Does anybody feel like we're united on anything? And it
was disturbed. It is a two hundred and fiftieth anniversary
of our countries founding, and there should be a lot
of reason to celebrate. And I don't get you know,
this whole Freedom two fifty thing, this concert and this

(01:03:02):
event that Donald Trump is pushing and great, let's celebrate
the United States. He's cleaned up Washington, d C. Figuratively
and literally. It's a lot better than it was a
short time ago, making it look great. So when people
visit the nation's capital, it's something that maybe you could
be proud of. So Saturday, the group organizing this event,

(01:03:22):
it's a group called Freedom two fifty, announce that Donald
Trump would kick off of State Fair June twenty fourth
with an opening ceremony as the visionary behind the Great
American State Fair. We're excited to announce that President Trump
will personally kick off as historic celebration Wednesday, the twenty
fourth and an opening ceremonies celebrating America's tour to fiftieth Birthday. Now,

(01:03:43):
the problem is getting Donald Trump mixed into this, and
now it's become a political thing. The celebration of the
mayor of America. Two hundred and fifty years, We've had Republican, Parsanans,
Democrat presidents, We've had whigs, we've had all kinds of folks.
Over the years. Our country has been, you know, a
obviously wildly successful republic. And apparently the bands that were

(01:04:09):
signed up to attend and play at this concert are
withdrawing from the event. Why because it's become a political thing.
And that's what I find disturbing about all this. So
after some of the bands quit, Donald Trump said he
himself will be headlining the event. And you know, I

(01:04:30):
don't have any problem with Donald Trump, necessarily. I do
have with some problem with some of the things he does,
and this happens to be one of them. It's he's
making it more about him than the country's celebration. Here's
what his post said, draw your own conclusions. I understand
artists are getting the yips having to do with their
performance on Wednesday. So I'm thinking about bringing the number
one attraction anywhere in the world, the man who gets

(01:04:51):
much larger audiences than Elvis in his prime, and he
does so without a guitar, the man who loves our
country more than anyone else, And the man who's some
say is the greatest president in the history, the goat
in all caps, Donald J. Trump, to take the place
of these highly paid third rate quote unquote artists and

(01:05:14):
give a major speech rallying the country forward like I
have done ever since being president close quote with an
exclamation point on the end. So I would like to
see the country united for the two hundred and fiftieth celebration.
I really wish this wasn't you know. Go ahead and
wish all you want, Thomas. It's not going to do
you a damn bit of good. But I don't think

(01:05:35):
the situation is helped by Donald Trump declaring himself to
be the headlining act and speaking of himself in such grand,
glorious terms. Perhaps maybe that's one of the reasons that
these acts have quit. And I'm so sad, Joe. You know,
we are no longer to be blessed with a performance

(01:05:56):
from Morris Day in the time, we're not going to
be hearing Young mc the commodores, Martina McBride, and Brett Michaels.
Do any of those names ring a bell to anybody anymore?
Or ever? Some are still participating, and I'm in a

(01:06:19):
loss on this one. Fab Morvin, Milli, Vanilli maybe just Millie.
Joe says well, no, Vanilla is dead, Vanilla Ice, CNC

(01:06:41):
Music Factory, and some rapper named Freedom Williams flow Rita.
They're still scheduled to perform. I and Donald Trump referred
to them as third rate artists. Well, maybe he is
onto something on that one. Six fifty six fifty five
KCD talk stations stick around a few minutes time before
we get to Vice my former vice Mayor of the
City of Cincinnati, Christopher Smith Smith event coming your way

(01:07:04):
at seven to twenty.

Speaker 3 (01:07:05):
At the top of the hour.

Speaker 1 (01:07:07):
Here the top store. It's a seven o five here
if if you've got ker CD talk station, let me
just correct the record here apologies. A SHAFFAXX credit Union
Shred event which the commercial set is on the sixth,
is on the thirteenth. I was originally given a copy
that had the erroneous date. It's the thirteenth. Apologies anybody

(01:07:30):
who wrote that down, and I apologize that that spot
wasn't was still in the system. So let's just make
sure the record is clear. It's a great thing. Get
all those confidential documents and take him on into one
of the Shaffacs locations on the thirteenth. So we'll see
if we can't get rid of that spot. We'll see
if we can't talk to Dan Reganold. God bless Dan
Reganold wasn't on the rundown this morning in oversight, but

(01:07:51):
he is there on the phone to talk about the
George Washington, the indispensable One. If you aren't familiar, Dan
Reganold is the man who's behind the empower You America
seminar series outstanding learning Opportunities that we've been Dan Reagan,
welcome back to the program. How many years has this
been going on? I've kind of lost track. I apologize.
Welcome back, my friend.

Speaker 6 (01:08:12):
It's good to be with you, and it's going on.

Speaker 2 (01:08:14):
This is our sixteenth year.

Speaker 6 (01:08:16):
And I'm just so excited to have a chance tomorrow
night Tuesday too, as part of our America two fifty
series to talk about our first president, George Washington, the
one they called the Indispensable One, and I just can't
wait to kind of give a new look to this
first leader we had. I was up about five years ago.

(01:08:40):
I was up in northern Ohio visiting a Patriot group
up there at a friend at the end brought me
this book called The bullet Per. George Washington gave it
to me and he said, you got to read this
book because it's so important to the founding of the country.
And I read it, and I've been waiting to do
something with it ever since. And what better time to
talk about it than now.

Speaker 1 (01:08:59):
Well now the two hundred fifteth Diniversity of our country,
which we're also celebrating on the fourth of June. If
you can go to Empoweroamerica dot org, not only can
you get the information about George Washington and the Indispensable One,
which has taking place tomorrow evening at seven pm, which
is typical of the empower of your classes, but also
the event on the fourth. We're having a serious fun

(01:09:19):
at Glendelle I see him, to celebrate America's two fiftieth.

Speaker 6 (01:09:23):
Yeah, we got a big party that night with music,
some speeches from some friends that empower you over the
years about America and it's founding. And that's Thursday night,
and gosh, I hope to see so many friends. And
we've had a lot of people sign up comments free,
We've got food from the Works Pizza Group in Loveland,
and it's going to be a great night. So you

(01:09:45):
you were talking Brian about about how the things had
gotten off a little bit off track about America to
fifty with President Trump, And you know, the thing about Washington,
one of his most incredible leadership traits, and there were
many we'll talk about tomorrow night, was the fact he
was just so loved by so many people, and he
was a unifier and what he said about the United

(01:10:06):
States that that I'm always going to try to remember
that of the two words United States, it's the first one.
That's so that's the more important one. That we're united,
that we're unified. And what we'll talk about tomorrow night
is all the things he did to try to bring
the country together. The guy was incredible. At twenty three,

(01:10:29):
he joins General Braddock, a famed British general, to take
on the French up at up up around Pittsburgh. And
he's fighting with General Braddock every single British staff member
and leader is killed. This braddock at five horses are
shot out from under him, if you can believe him.

(01:10:50):
And who's left standing George Washington, twenty three years old.

Speaker 2 (01:10:57):
And the leader.

Speaker 6 (01:10:59):
And this guy is brave, he's courageous, and all of
a sudden, when that fight's over, he goes back to
just be a businessman at his home, and the British
start to impose taxes on us. We've got the Stamp Act,
the Townsend Act. And Washington never went to college and

(01:11:19):
was not really educated. He was always self conscious about that.
And he embarks with his friends George Mason and Patrick
Henry and he becomes really a leader. And all of
a sudden, John Adams says, you're going to be the
guy that leads the Revolutionary War. And it was just stunning.

(01:11:40):
Thirty three thousand British troops stroll into the United States
on July third, seventeen seventy six. Can you imagine what
that must.

Speaker 1 (01:11:48):
Have looked like?

Speaker 4 (01:11:50):
Oh?

Speaker 1 (01:11:50):
I cannot.

Speaker 6 (01:11:51):
Yeah, it's just stunning. And you know, we'll talk about
things like this incredible winner at Valley Forge in seventeen
seventy seven, and you know, all the horses that are dead,
the soldiers have no shoes, and the crossing of the Delaware,
and just how he got us through that the war.

(01:12:14):
When the first battle is it Long is in New York,
at Long Island and Washington. He was always he was
just such a strong leader. He decides to throw all
the chips, all fifteen thousand troops at the British in
New York on Long Island, and he just gets hammered,

(01:12:35):
and the British just just just take him up. And
it looked like the war could end on the first battle.
And it was only this group called the Maryland four
hundred that provided the backstop to get him and his troops,
to allow them to escape, or the war could have
been over and we could have been talking about just
just something entirely different, you know.

Speaker 1 (01:12:55):
And it's I see that it is in the notes
under the class description says, I just want to let
you know that I independently thought of the whole concept
of divine intervention. When you think about everything that that
young man went through and ultimately became the first president
of the United States of America, was instrumental in the
formulation and the foundation of our country. It almost does

(01:13:19):
seem that there was something divine about it. How did
he was I mean, again, you point out in the
notes about him getting shot multiple times. Back then before
modern medicine, people died of infections all the time. How
was he able to manage get through that, get through
all of these battles. And I mean at twenty three,
no college education, no formal education, and yet found a country.

(01:13:39):
It's just it's seemingly divine interventions. Really.

Speaker 2 (01:13:45):
Yeah.

Speaker 6 (01:13:46):
One of the things I talk about tomorrow night was
was God behind the setting up of this incredible experiment
we have here the United States. I've got so many
cases we'll talk about tomorrow night of people that reported
Washington being shot so many times, and how he survived,
and how he began to think that this was something,

(01:14:08):
how this was something in God's hands. It puts a
whole new new look at the at the at the
founding of our country. And and this is one thing
that astounded me about Washington. So after we had had
had had won the war and we started talking about
the Constitution, Washington was just always self conscious that he

(01:14:29):
was not up to some of these other incredible cast
of characters. Ben Franklin, John Adams, Hamilton, Jefferson Madison, and
Washington goes to these people and he says, I need
you to put me through training sessions so that I
understand what this new government should look like. And Supreme
Court Judge John Jay and James Madison sit Washington down

(01:14:53):
and give him classes on why we needed three branches
of government, What would federalism look like, what would state?
What would the rights of the states be? And then
Washington begins to read the federalist papers to get a
better understanding, and Madison writes the Bill of Rights. I
mean this class tomorrow, and I hope you'll join us,

(01:15:13):
because we're going to go from a young Washington to
the Declaration to the Constitution, and I guarantee people that
they'll walk away with just a better understanding of the
start of these United States.

Speaker 1 (01:15:29):
Yeah, and we all tend to complain about so much
these days, and I'm not happy about the price of gasoline,
but I mean, you consider the comparative pain and anguish
that you know, the folks and the troops at Valley
Forge went through in order to bring about this great nation.
What they they could have just packed up and walked off,
you know, I mean things were that miserable, and we

(01:15:49):
can't even manage to get through a small economic bump here.
I hate to lament that, especially since we're supposed to
be in a celebratory mood this two hundred and fifty
years and we're going to be doing that on Thursday.
I just I think more people should study history and
appreciate what they've got, because things were a hell of
a lot worse, and yet people managed to survive and persevere.

Speaker 6 (01:16:07):
Dan, Yeah, you know Washington. He was a self aware guy.
He understood his role. So many people said to him
after the Revolutionary War, you're our next king. There's an
incredible quote from King George the Third that says Washington
is the leader that could be the next king. And

(01:16:27):
Washington understood that. He didn't want more power. He wanted
power to come up through through the people. And he
was a visionary in that respect. Brian, and you'll like
this that his number one thing that he spoke about,
and he talked to all these people, all these great
leaders about, was the number one thing we have to
do is not get this young country in another war.

(01:16:51):
For at least twenty years, the country just couldn't stand
it and that's about how long it was before the
next war happened, which was the War of eighteen twelve.
But he's quite quite a quite a leader, and I
can't wait to tell people about him tomorrow night.

Speaker 1 (01:17:09):
Hey, you always do such a wonderful job when you
do the presentations, Dan Regueld, and I want to thank
you personally for doing empower for creating empower You and
offering these wonderful opportunities for folks. Had some fascinating speakers
over the years. My friend.

Speaker 6 (01:17:22):
Yeah, and anybody who wants to join the class tomorrow
you can watch from home. It's virtual. It's also in
person if you want to. If you want to come
up to Scarlet Oaks, but just go to empower Youamerica
dot org. It's free.

Speaker 1 (01:17:34):
We would love to have have you join us well
and show up on Thursday too. That's the Thursday start
time for the for the celebration two hundred fiftieth birthday
Celebration of America but also celebrating empower You is at
the Glendale I SEUIM. It begins at five point thirty
and I have the good fortune of being able to
speak a few words. I'm kind of going to facilitate.
Chris Monzelle is going to be there. The next guest

(01:17:56):
on the fifty five Carsey Morning Show, Christopher Smitheman will
be there, Mike Wilson taking us back to the tea
party days, and you're gonna have live music as well.
So it's going to be a fun time for.

Speaker 6 (01:18:06):
All well and most of all, it's gonna be just
a fun time to see friends.

Speaker 1 (01:18:12):
That's what it's all about. Fellowship is really the pinnacle
for me, but all these other benefits we're gonna get
for being there. That'll be five thirty Glendale I Seum
on Thursday, but make sure you at least register to
log in from home for the class on George Washington
tomorrow night. Easy to do empower You America dot org
or show up to see it in person at the
empower You Studios located at three hundred Great Oaks Drive
at Scarlett Oaks. Dan Reaganold for all the years you've

(01:18:35):
done this, and on a going forward basis, I guess,
since I know you are moving on to a new
chapter in your life in retirement, are you going to
continue to be involved in empower You? I know Doctor
j Rissover has agreed to step up to the plate
to some measure.

Speaker 6 (01:18:47):
Yeah, well, doctor Risover, it's been my friend for twenty years.
We're going to continue to lead Empower You, hopefully for
many more years to come. We just love the mission,
which is to educate, enjoy, and engage and enjoy Thursday night,
That's what we're gonna be doing, Brian.

Speaker 1 (01:19:04):
I'll be there to do that along with you. Dan
Reguld God bless you, sir. Look forward to seeing you
on Thursday. And of course I'm logging from home and
see you tomorrow night. Empower You America dot org. Take
care of my friend, best of health. Don't go away, folks.
He is waiting in the wings, former vice mayor of
the City of Cincinnati, coming up with a smither vane.

Speaker 3 (01:19:20):
See the talk station.

Speaker 1 (01:19:23):
Seven twenty two if you have a k CD talk station, Hey,
his name come up. When I was talking to Dan Reagan,
well about Thursday the Empower Youth Seminar to celebrate the
two hundred and fiftieth this Thursday, starting in five thirty,
be there at the Glende Elysium because you're gonna hear
from this man every Monday at this time. We get
to hear from the former Vice mayor of the City
of Cincinnati, Christopher Smitheman with a smither event. Christopher, it
is always a pleasure to have you on the show, sir.

Speaker 2 (01:19:46):
Oh, thanks for having me on. Brian, you're the man,
and I of course have a lot to say today
about a lot of different topics, but let me start
with something that's a little sobering. It's historic and it
is a part of our American history, and that is
what we call the Tulsa Massacre. Right this what happened

(01:20:07):
one hundred and five years ago today in nineteen twenty one.
This was the Black American Wall Street of America. And
what happened there is a massacre of black men and
black women who had businesses and homes that were burned

(01:20:27):
down today by the ku kluks Klan, a terrorist organization.

Speaker 6 (01:20:33):
A horrible, horrible.

Speaker 2 (01:20:35):
Event that happened in American history. And let me share
with you, brother, is that a lot of Americans do
not know this history. And the reason is it's not
in those history books. So I'm asking everybody who's listening
who wants to learn and understand all the complete American
history and give a context of things that have happened

(01:20:57):
in our country, some good, some bad. This is something
that that happened that was bad. Is look into the
Tulsa massacre nineteen twenty one in Oklahoma. It was a
horrible situation. It was triggered supposedly by a young black
male who did something or said something to a white

(01:21:19):
female American. No one knows whether that happened or not.
They just know that the young man was hung and
after that, lots of people, lots of clan members showed up.
What was interesting in this fight is that black Americans
then had guns. They did fight back. They were shooting

(01:21:40):
back and forth until they got to the business district
where people kind of really didn't know what was happening,
and all of those businesses and many homes were absolutely
burned down in torture. It's a tragedy. There's one There
is one survivor still today living and a is Leslie

(01:22:03):
Benningfield Randall. And he didn't he's probably deep into her hundreds. Yeah,
she's she's a there's a sole survivor. Man. Anybody that
could ever get to her to interview her or look
her up and figure out what's happening, because they have
sued the federal government. They have sued the state. They've

(01:22:25):
been looking for justice for their loved ones, justice for
those business owners, justice for their property that was destroyed,
and at this point there's been no justice at all
for any of those These were some of the smartest
accomplished black business owners in the United States of America,

(01:22:45):
and that's why they called it the Wall Street, the
Black American Wall Street. And I'll conclude by saying this
to you on a personal note, my own family still
today owns property in that area, and so this this
touches my mom because she goes there annually. Matter of fact,
the family will be in Columbus this summer, and that

(01:23:06):
is really true. So this is a personal touch for
my mother, who is eighty seven years old and has
maintained property there and our family there for all of
those years, still to this day, and our family gets
together to deal with the commiseration of what happened there,
but also that our family still owns property in that area.

Speaker 1 (01:23:28):
Well we'll bring that very furious. Yeah, And Jost Record
just chimed into my head said he said, there is
a documentary on this on Amazon, Amazon Prime or with
Amazon Prime. So I'm going to make a note to
myself on that and check it out when I get home,
because I have Amazon Prime. But I was not aware.
So it's time we raise some awareness. And that's what
we have you for. Christopher. Obviously a very important chapter

(01:23:49):
in history. And last time I checked the clan that
was Democrats, right y.

Speaker 2 (01:23:55):
Yeah, we should have We should have mentioned that that
is really true, that it was the Dixiecrats that came
through and did all of that, murdering, all of that hanging,
no justice for any of those people even still to
this day. But that is absolutely the truth, and it
was a tragedy because these were really accomplished black American

(01:24:20):
business men and women. There's nothing like it. There's nothing
that has come back like it since then, from one
hundred and five years ago. And for all again, I
just want to conclude everybody listening, right, just take the
time learn about the Tulsa nineteen twenty one massacre that happened,
and it will open your eyes to a lot of things.

(01:24:42):
But you have to also ask yourself, why is this
not a party? It was just like in a nineteen
sixty seven or sixty five that certain the Tulsa in
that area, they are required to have it in their
history books, but it's still not a part of our
American history, and it really needs to be. And I committed.
I just wanted to commission rate it today because it
started on Memorial Day. It ended June the first today

(01:25:05):
with with with what they call the Tulsa Massacre of
nineteen twenty one. So I'm talking about it today because
it was happening today one hundred and five years ago.

Speaker 1 (01:25:14):
Thank you for doing so, Christopher smithment We'll bring Christopher
back for more. Don't go away. I want to mention
Zimmer heating or cooling though, because they've been around. It's
Semmer thirty two. If afty got karc De talk station,
trying to make it a happy Monday if you can.
It's always happy to me because we can talk to
Christopher smithm and whatever's on his mind is a okay
with me. It's always important like that last topic for
me up there are you there, Christopher?

Speaker 2 (01:25:37):
Yes, I'm here here.

Speaker 1 (01:25:39):
I didn't know if that person in the background was
you talking. You were yelling at somebody. It's somebody else.

Speaker 2 (01:25:46):
But thank you so much for giving me an opportunity
to talk about the Tulsa massacre, you know, but I
want to pivot to what is happening in the city,
and I'm gonna you'll see how I tie this together.
So you know, there's a thirty million dollar def that
thirty million dollar deficit, let's say it's thirty one, twenty nine,

(01:26:07):
thirty two million, whatever it is, it's big. And so
I'm a small business owner. There are a lot of
small business owners that are out there, okay, And we're
watching city Hall settle a case right after the election
eight point one million dollars for the people that were
downtown rioting. They then give a point one million to

(01:26:32):
some music mint venue right be right after the election
they sign a contract with MSUs Irish Roby for six
hundred and fifty thousand dollars. Right, and small business owners
out here which make up and drive the majority of
the tax receipts for the City of Cincinnati, not the
major corporations. There's all these small businesses collectively that we

(01:26:54):
send our taxes in. We get frustrated when we see
the City of Cincinnati from the outside looks like they're
just wasting our money, our taxpayers dollars. And so the
Iteam report into what's happening with this contract. There are
many facets to it, right, and I don't know the
facts because I haven't looked at her the balance sheet.

(01:27:16):
I have looked at the receipts that have been submitted.
The iteam is raising questions about things. Here's what we
do know. We know that the reporting of the information
to the city has not been accurate, meaning either not
being not providing the information, or the information isn't queer,
it's not accurate. And so we have to get to

(01:27:38):
the bottom of all of this with the contract to
understand if your children are working and you say that
that's legal, the city says that's legal because this is
a contractor it might be unethical, but they say it's legal.
We at least get to see the pay run, meaning
how many hours, what day did you work, where were

(01:28:00):
you when you worked it? And then this is what
I paid you meaning what's frustrating is we don't have
the transparency that is needed in the contract for you
and I and every citizen out here who's paying taxes.
And to those people who think that this conversation is
racist because someone is asking questions about taxpayer dollars, that

(01:28:23):
is absolutely absurd. Meaning once you start taking money from
the government, right and you become that entity, nonprofit or
that individual person, you are accountable to the tax payers
of that of that city, or that state, or that
federal government. That's what's missing. And so when the questions

(01:28:45):
are being asked and people get defensive, these aren't private dollars.
These are public dollars that are being passed to a
private person. And we have the right to know what
is ROI, which is the bigger picture. We have an
a We have a right to know who's getting paid.
All the employees that are getting paid, we get to know,

(01:29:06):
like the questions of how much, why they got paid.
If you're paying somebody sixty dollars an hour, we get
to know why you're paying somebody sixty dollars an hour,
what are those qualifications. That's what's so frustrating that the
people involved, when you go out on social media, they
immediately ran to their corner of race. This is about
talking about a black American. She's a great person. I'm

(01:29:29):
not questioning whether missus Irish Rollie has done wonderful things
for the city and for the region. That's not the conversation.
The conversation is if we passed over a million dollars
to this entity, what did we get for it? Who's
getting paid and provide the documentation to the city and
why does that raise so many eyebrows On the other side.

Speaker 1 (01:29:54):
It's a legitimate question and also raises umbers. Wait a
second on anybody receiving this kind of money, any entity
adding money, regardless of who's running it or what color
skin they happen to be. We need accountability so our
taxpayer dollars have been followed, and more fundamentally, that the
money that's gone out to accomplish something that that's something
has at least been accomplished or steps have been done

(01:30:15):
to accomplish whatever goal they're being paid for. If you
don't have any oversight over that component, you have a
complete breakdown here. That you know, Christopher Smithman, as a
person of color, you are dear you must be tired
of hearing these allegations of racism, because you know what,
when real racism exists in the world, no one is
going to believe it. When someone starts trying to point
it out. The boy who cried Wolf, don't go away

(01:30:37):
more with Christopher Smithlman After I mentioned Gregory Lester the
Tree health surgeon still got those little deep talk station
seven point thirty nine here at fifty five Karseni talk station.
Christopher Smithman's on the phone here. You're talking about the
Irish early contract. The item did blow the lid off
of some of the problems we have on this. Todd
zens Or Citizen Watchdog, who's been following this as well,

(01:30:59):
to your point in the last segment, listen to some
of the he wrote up us whole series of questions
which anybody following Citizen Washdog on Facebook can read for themselves.
But a point number four, as Zenzer points out, Christopher,
the contracts required subcontract or approval requests to be submitted
prior to the commencement of work. Now, that would be
her sons who are subcontractors beneath Iris Roley. They were

(01:31:22):
retained to do some work on Government Square. That would
also include her husband, who owns a printing company, who
apparently was paid to print some T shirts up for
folks to be identifiable, and their work for the work
on Government Square. Anyway, Zenser says that was not followed
the request and the city stated that it waived the requirements.
Todd asks properly. How is the waiver done? Who approved

(01:31:45):
the waiver? Also, the city spokesperson responded to a question
about payments to subcontractors. She said that, quote, we would
not maintain that information close quote. In fact, the contract
requires the reports of all payments to subcontract just be
fouled with the city on the fifteenth day of each month.
Interesting absence of documentation, Chris three, you can't find out

(01:32:06):
what's going out the door.

Speaker 2 (01:32:07):
Even Yeah, that's a problem. Let me just get one
little know Jesse Rowley, which is mister Jesse rely missus
Rowley's husband. I've used their business to solid business. I've
used it. It had to be fifteen twenty years ago.
But that's not the point.

Speaker 3 (01:32:23):
Right, No, no, no, I just want to highlight.

Speaker 2 (01:32:25):
That that is a legitimate business. The point is what
Todd Zenzer is highlighting is that they're not following the
process whatever that is outlined. And why aren't they following
that process? And when they go outside of it? Who
is allowing that to happen? Like who's saying what government official?
Is it the mayor, is it the board of trustees

(01:32:46):
or is it the city managers? Arbitrarily going Hey, this
soul contractor. You don't have to follow any of the rules.
You just report to me, and you don't even have
to give us invoices. And that's why things are so
hairy right now. But also made it not look good
is the signing of the contract right after the election,
right because we know if you talked to Corey Bowman,

(01:33:08):
who was running for mayor, he would tell you that
missus Rowley would show up to some of his political
events and ask him very loud questions. They didn't have
to be sensical questions, but there she was in exercising
her first Amendment right fighting for the current mayor. That
to me was a concerning thing during the election, and

(01:33:30):
so right after the election, the city manager signing this
contract to me is problematic if we had a functioning
city council. But the chair of Budget and Finance, and
by the way, i am the former vice mayor of
the city and I've served on most, if not every
committee that the City of Cincinnati has ever had, And
so if we were serving right now and you had

(01:33:50):
a functioning council, the Chair of Budget and Finance would say,
let's bring in the contractor, let's bring in the city manager.
And ask them some questions at least to bring the
contract into compliance at a bare minimum, But then ask
the questions about whether you're is it really true that
you've hired your your sons to work for you? And

(01:34:11):
if you have, what are they doing for you? What
are the hours, where are they working, what are the
time whatever? It is so that everybody in the city
has a picture of how their dollars are being spent.
You just can't keep running behind, Oh, this is a
ten ninety nine contractor, and therefore this person it doesn't
have to follow any of the rules of the city,

(01:34:32):
the state, or the federal government. That doesn't make any sense.

Speaker 1 (01:34:35):
It doesn't in rules that quite often are in place
to make sure that we get the best return on
our taxpayer dollar investment. For example, I am not criticizing
Irish Rolli's printing company, her husband's printing company. Was anybody
else given the opportunity to do the work? Is there
another printing company out there who could do equal, if
not better work, or maybe equal work for less money.

(01:34:55):
There's a thought. Same thing goes with their sons. Are
they qualified to do the work that they were doing
on government square? Apparently, since we don't know what the
work is they were doing on government square. We don't
know whether they were qualified to do it in the
first place. But was that an open position that was posted.
Because she's a subcontractor, she doesn't have to go through
normal channels and post open jaw job openings. I mean,

(01:35:15):
this is why it's also screwed up, because there's no
accountability and she apparently gets to do whatever she wants.
And of course it does look unethical for her to
be hiring a bunch of family members to do work, right, right, I.

Speaker 2 (01:35:30):
Agree, And let me also say that it's this ties
right into mayor the mayor's public conversation about raising our
taxes in November, meaning the boldness of him to say,
now we want to raise taxes when we are not
confident that the money that you currently have that you're
managing it properly. So I just can't see him raising

(01:35:51):
our income tax and citizens in Cincinnati across our fifty
two neighborhood and say yeah, let's go ahead and do that.
Our property taxes are too high. I already think the
come Pact is too high, and there is no way
that someone would support that. But it's the boldness of it.
And let me just pivot here because all of this
is connected to the team takeovers. Maybe when we come.

Speaker 1 (01:36:11):
Back, yeah let's want to Yeah, let's do that.

Speaker 2 (01:36:14):
But this is this is all connected as this weather
warms up and we know we're going to have some
of that behavior that we're seeing nationally play out right
here in the city of Cincinnati.

Speaker 1 (01:36:25):
Christopher Smithman will connect the dots on that one. Don't
be eight fifty five gir C DE Talk station. Christopher
Smithman join the smith Event. We're gonna get the money, buddy,
Brian James. At the top of the art, news and
concerns about the national dead percolating and growing for legitimate reasons. Christopher,
you were going to explain how you connect all this
with the street team takeovers.

Speaker 2 (01:36:45):
Yeah, what we have now are these team takeovers that
we're seeing across the country. And I spoke about it
last week. The difference was we were going through a
real rainy season and a very cool season, and now
we're moving into a warm season and we know that
things are going to change. We know that unfortunately, crime
ticks up the warmer it gets, the weather turns nice,

(01:37:06):
people are out and they're interacting. And my fear is
that yet again that this council and this mayor have
not put together a plan. And missus irish rolely is
a part of that plan, meaning that we're paying a
lot of money to have people do a lot of things.
But the question is what are they doing? What is
that comprehensive plan? And so if all of a sudden

(01:37:28):
the students got out last week from Cincinnati Public and
now there are free today right meaning free meaning they're
not going to school, we now need to know what
is that curfew, what is that plan? What is going
to happen? And if we see what happened at the
opening day parade, if we see what happened for example
in Price Hill at Price Hill, Chile, the team takeover

(01:37:49):
that happened there, that we know that these things are
going to happen. And where not just where are the parents,
but where is city hall on holding those parents accountable
if they don't know where they're twelve or thirteen or
fourteen year old is at twelve midnight, two o'clock in
the morning, nine o'clock at night downtown in our Dora
on the banks with a gun, are not having a

(01:38:11):
gun no matter what. I want our officers to be empowered,
Brian Thomas, to walk up and be able to ask questions.
I'm looking at a young person. It's twelve o'clock at night.
I know what o curfew is. I get to ask you,
where are you? Where's your identification? And that is not racist.
It is okay for our officers to engage in proactive

(01:38:34):
policing in this city. And if we don't do it,
Brian Thomas, the teams are going to start running our
city like you see them running parts of Detroit, like
you see them running running parts of la like you
see them running parts of whatever liberal city you want
to see in America. And I want to tie this
directly to the gubernatorial race in Ohio when I am

(01:38:55):
clearly supporting the vek Ramaswami, because this is that last
thing I don't want to wake up. And our state
of Ohio is now run by Democrats. Meaning if we've
got the Democrats running the state, they're running every county,
they're running every city government. That will be the end
of Ohio. And that is not an exaggeration. We've got

(01:39:15):
to have somebody in some administration at the top that
says No, this is where we're drawing a line in
the sands. We're not gonna tolerate this level of violence.
We're gonna demand higher and better education for our children.
We're gonna make jobs as a top priority, whatever, We're
gonna try to lower taxes, all of those things is
what I want to hear coming from the state. I

(01:39:38):
am so concerned that this race is even close, and
it is directly tied to what we see these team takeovers,
whether they're happening in Cincinnati, whether they're happening in Columbus,
whether they're happening in Toledo, or whether they're happening in
Cleveland as examples. We must have a zero tolerance Brian Thomas,
making sure that every parent out here knows where their

(01:39:59):
children and are. And we the government and we the
people are not responsible for your teenager. You're supposed to
know where that teenager is, and we should be able
to hold a parent accountable if we do not, if
they're not handling their business.

Speaker 1 (01:40:13):
Well, you know, just to hear this and recognizing, you know,
as a parent who loves his children, that we need
to bring about law enforcement in the law and the
prosecutor's office to hold parents accountable because they don't care
enough to know where their kids are. I mean, talk
about a sorry state of affairs.

Speaker 2 (01:40:35):
It's where our family structures are only in America. And
let me let me share with you people who travel here,
immigrants who travel here, and they're watching this and they're
trying to come in. They see it. They understand, they
see the breakdown in the American family because their families
are intact. The bottom line for everybody to understand is
this is not the job of our government. Our job

(01:40:58):
is to enforce the laws, not to they me sit
people's children. And so City Hall has this mindset of
we want to defund the police. The police are bad,
ice is bad anything related to the government. Our judges
are letting bad people out with very low bonds or
box even when they have a gun. The reality is

(01:41:18):
we must I'm going back to the vek Ramaswami. We
must elect him as the next governor. And my last
point is this is why we rolled out that petition,
Brian Thomas, because we also have a city manager that
fired the police chief, fired the fire chief, and those decisions.
The fire chief's decision is coming in June most likely

(01:41:39):
we're going to know right here where Chief Washington stands,
this is the city's last stand, their last appeal. They're
either going to have to settle the case or put
twelve in the box. They don't want twelve in the box,
Brian Thomas, because the lower court has already told him,
you brought me a blank sheet of paper. I am
not exaggerating to the public. There was no reason to

(01:42:00):
fire Chief Washington. There was no cause of why the
city manager did it. And that is the creation of
our petition and why we're out here petitioning our government
saying come and sign the petition so that we get
accountability in our government and specific really the bottom line.

Speaker 1 (01:42:16):
Of it and Christopher's petition will require seven council members
to be responsible for the hiring and firing decisions. I
got that right, Christopher, you got it right. Okay, you've
got it right, brother.

Speaker 2 (01:42:27):
And it was wild to hear the mayor say, man,
this petition is going to make things more political talking
about what we just found out from Chief Fiji is
that the mayor has been in the room for every
one of these decisions, denying the ing Governor, Mike DeWine
to bring his assets in here to help remediate crime.

(01:42:47):
The mayor is at the table, Irish Rowley is at
the table. There are some other members of council that
are at the table. The bottom line is that politics
are already here. What we want is a board of
trustees call city Council to be able to say, hey,
City manager, why are you deciding to fire the fire chief?
Because if that simple question was asked, we would not

(01:43:09):
be where we are right now. We would not be
facing a five to ten million dollar settlement to Chief
Washington or a five or ten million dollar settlement to
Chief Digi. That's why we have the petition. That's why
it exists. And all of this is connected the contract
with Missus Irish Rowley, the lack of accountability there them
spending money over here to settle cases with people that

(01:43:29):
were downtown rioting, or the eight million they did for
the music venue. Rational citizens in Cincinnati don't understand this stuff.

Speaker 1 (01:43:37):
No, but you know, if council was required to engage
on this, and most notedly in the case of Chief Washington,
at least one of them would have raised their hands
and say, do we have a reason to fire the chief?
The answer would have been no, in which case they
could have gotten seven votes to fire them. Right, yeah, exactly,
And that one question would have saved these city taxpayers

(01:43:59):
a lot of money because they're going to write a
big check.

Speaker 2 (01:44:01):
Out of money. Do you think that our good friend
Jim Keefer, if he were on council would not have
raised his hands west side Jim and would have said,
can you explain to me why why you're terminating the
fire chief city manager? He would have asked that basic question.
What we're lacking down there? Are just electing normal, rational

(01:44:23):
people with common sense. I would vote for Jim Keefer
or city council. And I'm gonna let you know, brother,
we've got it in this next election. In a year,
we've got to come back to this. My name will
not be on the ballot, but we've got to come
back there and make sure that we get somebody on
city Council that is willing to ask the basic questions
about transparency. We just can't go another two years like this.

Speaker 1 (01:44:46):
Well speculate I will, but I would think even Kramerton
would have raised his hand and asked that simple question.
He seems to be reasonable along some levels, Christopher, is
your petitions to sign still still a Jim and Jackson
the River. I mean, I guess where where might my
city residents find that petition?

Speaker 2 (01:45:01):
They can come to Jim and Jack's Tuesday through Sunday decided,
they can go to Dave Backer Auto on the west side.
They can set Jim Keefer on west side. Jim he
has a petition, And there'll be a lot of different
people each each time I come on, I'll identify another
person in your community. The people on the in Sailor
Park have the petition. They'll be circulating there. So there

(01:45:24):
are a lot of people that will have that petition.
It just takes time to get two or three hundred
petitions in people's hands to collect the signatures at the
end of the day. Please citizens think about this when
it gets on the November ballot, because we already know
the Democratic Party is going to tell you not to
vote for it, just like they told you to vote
to sell our railroad. They're going to tell you not

(01:45:45):
to vote for this transparency legislation that we're petitioning the government.
So don't get your pink slip or your blueset, whatever
it is, and it says vote no on this. You
should be voting yes to make sure the city manager
has accountability in the termination of our top two people
in the city, our executives, police chief and Fire Chief

(01:46:06):
Chanks Brian Thomas.

Speaker 1 (01:46:07):
Next week, brother, look see you on Thursday for the
Empower Youth Seminar at Glendale Glass Seem five thirty. We're
all going to be there to celebrate tw hundred and
fifty years of America. And here's some great speeches, including
Christopher Smith, and we'll talk soon. Christopher. Have a great
day and thanks for your passion. Don't go away. Money Monday,
Brian James. Right off the top of the hour news,
we put the app in happening all ladies.

Speaker 3 (01:46:30):
First show, it's.

Speaker 1 (01:46:33):
ETO five right now fifty five care CD talk station
by Timas wishing everyone a very happy Monday. Try to
make it so anyway, now's the time we get to
learn about money managers. All were financials. Brian James joins
the program every Monday at this time, talk about well
Money Monday and Brian James, welcome back, my friend. I
hope you had a wonderful weekend and I was just
pondering what was going on in this Wall Street Bulls

(01:46:55):
bet Us Docks rallible to five. Bubble fears. Everybody's concerned
about a bubble because the markets keep going up. I
noted the SMP had eleven highs in the month of
May alone. It's up eleven percent for the year. Tech
stocks apparently doing really well, up sixteen percent over the NASDAC.
And this is all and correct me if I'm wrong.
I'm boiling it down to a finer point, which is
this is all AI driven trades and increases. It's one

(01:47:22):
and I said Nick niche sector, it's but all AI
related gains. But these analysts in the article are suggesting
it's going to continue for some time into the future.
I struggle to deal with that, and I keep thinking
about the bubble bursting, which I think is the concern
people have. Welcome back, my friend, break this down for
novices like me, please.

Speaker 7 (01:47:43):
Well, thank you again for the opportunity to talk with
you and your listeners. And the first thing I'd point
out is, I mean, first of all, let's all let
go of the notion that we're ever going to time
the market, and that's really not what we're talking about here.
We're just kind of looking for the what should we expect?
How do I brace myself if something does happen and
the thing I'd throw out there. Brian and I talked
about a bubble a year ago, we talked about it
two years ago. This is what it feels like when

(01:48:05):
the market does go on a run, and in which
we have been on basically since twenty twenty two. We've
had our hiccups. The past two aprils have been bumpy
with we first learned what tariffs were like again, we
all started talking about the holly smooth tariff and remembering
the Ferris Bueller movie back a couple of aprils ago,
and then this past April, it was the Iran war

(01:48:26):
that rattled the market pretty significantly. But you know, yes,
so we are seeing this type of this. I don't
want to call it a bubble because you know, it's
not a bubble until it is. Just because there is
an industry out there that is that is driving things
doesn't necessarily mean that the end is near. Are we
going to run on this forever? Of course, not everybody
knows that. So it's not really about the is this

(01:48:47):
an accident? Is this not profitable? Is this some kind
of a some kind of a scam? Noo, It's more
about how long can it last before people take a breath. So,
the S and P five hundred has repeatedly hit record
highs in twenty twenty six, the Nasdaq has still significantly
outperformed thanks to AI related stocks. Now, let's remember, as
we always talk about, the S and P five hundred
is consistent. It does consist of a lot of major

(01:49:09):
technology companies. You name a big tech company, it's in
the S and P five hundred. But that's not all
it is. So if we were saying only the Nasdaq
was outperforming, the S and P five hundred is kind
of petering along and not really doing very much, that
would be a different situation. But the S and P
five hundred, while it is driven very much so by
technology stocks, that's not the only thing that's happening out
there very much. You know, the semiconductor companies are at

(01:49:31):
the middle of all this. You know, even the for example,
the Philadelphia Semiconductor Index has served more than eighty percent
this year, and you've got several chip makers of course
posting these enormous gains. But you know, so we're still
seeing good things from the big brains out there. Goldman Sacks,
Morgan Stanley other major firms like this have raised their
year end s and P five hundred targets, and they're

(01:49:52):
simply saying that earnings growth does justify these higher valuations.
Those are just opinions as much as anybody else's, but
there's still some pretty significant opinions of it.

Speaker 1 (01:50:00):
Now, quick question I get too, Actually two questions for
a first off, in connection with the SMP. Let's look
at that. Just for example, if you took out the
AI related businesses and looked at what's left within the
s and P five hundred, would it still be up?
I mean maybe not as much, of course, with all
these records driven by AI, But would it still be
up in other sectors? Because really, when you're talking AI,

(01:50:21):
while you are talking about different components within AI, it's
still a sector. So what about all the other sectors
involved in our economy?

Speaker 3 (01:50:30):
Generally up?

Speaker 7 (01:50:30):
Not nearly as much, right, because we're a technology country,
we're a technology world nowadays. So but of course there
are other industries out there doing well. And remember what
AI is. This is not AI for the sake of AI, right,
I'm thinking back to the original Internet boom when a
lot of those companies were kind of for the sake
of themselves. You know, we companies that kind of came
into existence out of nowhere and just we're we're the Internet.

Speaker 3 (01:50:54):
This is a little bit different.

Speaker 7 (01:50:56):
AI is a tool that any industry can use to
make itself more efficient. That it's the reason for this
that's really driving two things. It's driving the performance out
of the semiconductor industry. Who are the people of the
organizations that can deliver this type of technology in the
first place. It's also driving efficiencies in just about any
industry you can name that if we're with companies that
have been willing to explore it, so that this is

(01:51:16):
more of an infrastructural kind of a broad based opportunity
for lots of industries to benefit from it. So it's
kind what we're seeing the S and P five hundred.

Speaker 1 (01:51:23):
Kind of like the highway system we all benefit from
because there's off ramps and on rans we can get
goods and services efficiently back and forth. AI basically streamlines
business models that allows them to accomplish more with fewer dollars.

Speaker 3 (01:51:36):
That's exactly right.

Speaker 7 (01:51:37):
That's the point, right, this is, you know, this is
the infrastructure of what business will be like over the
next you know, however, many decades until we come with
a better idea.

Speaker 1 (01:51:45):
Right now, that's a good pivot point for my next question,
which is, Okay, looking at AI investment and all the
wonderful you know, huge increases in the various AI related stocks.
I get it when it comes to you mentioned chip makers.
That's the hardware, of course, and I'm sure manufacturing it's
a boost because they're building AI centers all over the place.
But ultimately, what is the business model once you have

(01:52:06):
a data center, once you have AI? Generally speaking, how
does AI generate revenue? Beyond the revenue benefits that businesses
get from the streamline effect. But a company that runs
one of these centers, how is it profitable for them
just to have that tool there available for the rest
of the world to use.

Speaker 3 (01:52:24):
Well, it depends on your role in all of this.
I would say.

Speaker 7 (01:52:27):
The first thing isn't necessarily that it's that it's going
to drive more revenue. It's going to reduce expense, that's
the first thing. So we're widening profit margins. That's why
for those of you know, those out there on the
bull side of this, in other words, thinking that the
market can continue to run. What they're saying is, yes,
we have the ability to be more efficient, and that's
similar to what the Internet was originally, you know, thirty

(01:52:47):
years ago. It's a way to communicate more quickly. It's
a way to find markets more quickly. You know, think
of some simple things that we take for granted now,
like eBay, for example, thirty years ago, eBay was kind
of the original somebody wants to buy widget and somebody
wants to sell that. How do you connect those two?
And Amazon built on that model and so forth. That
didn't exist at all, so those were new sources of revenue. Nowadays,

(01:53:09):
it's more about there's a lot of companies that already
exist doing these things and taking advantage of these opportunities.
How can they do it in a more efficient, more
profit margin oriented type of way. And that's where this
is coming from. And it's your question before about the
S and P five hundred. It is largely technology driven.
But if we equal weight the S and P five hundred,
meaning take the technology companies and give them, you know,

(01:53:30):
just every company is worth one five hundreds of the
S and P five hundred versus the capital weight, which
it normally is the equal weight at S and P
five hundred, Bryant is up about eight point seven percent
versus the S and P right now, which is about
ten point seven percent.

Speaker 3 (01:53:46):
So still up. But so that's that's what I was
getting at before.

Speaker 7 (01:53:49):
Everything is still up, because you know, it's not just
technology running away like it has been.

Speaker 1 (01:53:54):
All right, And I suppose we all still have this
looming concern over all. Right, the efficiencies in business are
increasing with AI, and we can all point to a
million reasons for that. But does that not necessary or
doesn't that translate into fewer jobs needed or fewer employees
needed to perform what that business does generally speaking? And
I think that's the biggest concern we have out here

(01:54:14):
in the world.

Speaker 3 (01:54:15):
For sure. I think that's absolutely true.

Speaker 7 (01:54:18):
There were there were talk, though, you know, thirty years ago,
that the internet was going to replace a lot of
jobs too, and there was definitely a pivot. The internet
does things that human beings did thirty years ago, and
I don't think that has permanently. You know, unemployed a
class of people that have not been able to find
work ever since. So's it's easy to think about that,
but I don't think we know enough yet to truly

(01:54:38):
say that this is really just going that we're all
going to be responding only to robots and computers do
telling us what to do. I don't think that's coming
anytime soon. Maybe that's in the future, but with the
general public being as resistant as it usually is, you know,
I bring up the example I have a lot of
clients who still insist on paper statements. So I don't
know that all the human beings in the world are

(01:54:59):
ready to simply for it to be told what to
do by a computer.

Speaker 1 (01:55:02):
Well, and then there's all that, there's also that resilience
that we have to changes, as profound as they may
seem when you're dealing with it and trying to contemplate
what it's going to mean. Technology and other areas tend
to develop along with it, so there will be roles
for folks to play. Even in a post AI world
or a full AI world.

Speaker 7 (01:55:20):
There is still a bridge to be built between the
human being and the computer, and the job opportunities out
there will be for those who know how to build that.

Speaker 1 (01:55:28):
Bridge get a job in the trades. It isn't impacted
by AI to a certain extent. Brian James from Allways
Financial don't go away because the next subject has me
very frightened. It has since I was a young man.
The cost of servicing our national dat and inflation stretching
people to the breaking points sort of related to many respects.
More with Brian James after I mentioned Father's Day coming up.
Me being a dad, you know, I'm looking forward to

(01:55:48):
Father's Day like all dads are. It's the twenty five
pair CE talk station from all Worth Financial, Brian James
talking through some of the issues. I tell you what,
since it is a corollary of the AI issue. We
were just talking, let's pause on the insane national debt
and how much it's eating up of the federal revenue
and talk about this robin hood stock as an illustration
of artificial intelligence stock apps. This is this is one

(01:56:12):
of those. It's like the peace of God, Brian James.
The past is Brian Thomas's understanding, not all human understanding.
I'm sure you've got a good handle on robin hood
and these other apps, but can you break this one
down for us all please?

Speaker 7 (01:56:23):
Well, yeah, the headline here is that robin hood stock
is surging, right. This is this is the erstwhile brokerage
firm that came to came to the forefront during the pandemic,
and that's why we keep hearing about it. It's very
popular with the younger generations. In the past it's been
much more about cryptocurrency, but Robinhood is trying to expand
and become a full financial ecosystem. They've always been a

(01:56:44):
brokerage at the very least crypto platform. More recently now
they're getting into credit card issuance prediction markets operator right,
those are the markets where we're betting on, you know,
whether a one athlete is going to punch another in
the mouth at the tip off or something like that.
AI power or financial assistance assistance as well, and then
also retirement cash management platform. So assets here have grown

(01:57:07):
to apparently about three hundred and fifty billion dollars. So
whatever they're doing is working among somebody. I don't know
anybody that's opening account recently, but customer engagement does remain
strong despite the weaker crypto markets, so they are apparently
are succeeding and getting into some of these markets again
moving beyond cryptout.

Speaker 1 (01:57:25):
Walk me through sort of an illustration of what this
does I mean. I hear you you say you know,
they're in credit cards and and bitcoin, and why would
young people get gravitating to it? What would they do
by way of day in and day out transactions, Because
I get a feeling this thing as an all encompassing
sort of phenomenon. Here.

Speaker 7 (01:57:43):
It's easy to use, and you use it on your phone.
Quite frankly, I mean that's that. It's much more complicated
than that. There are some pretty big, big brains behind this.
But what they're looking to do is make this very
approachable and make all these kinds of things, you know,
you know, a little different than your major financial institutions,
which can seem somewhat intimidating to people. And there's definitely
an edge, you know, the think of the name Robin Hood.

(01:58:04):
Robin Hood was the guy who stole from rich to
give to the poor. They've definitely found sort of a
marketing edge, you know, to break away from the established
financial institutions and an attractive following that way. But it's
not just about making the you know, being able to
provide the transactions. It's about doing it away in a
way that feels more comfortable to the generations that are

(01:58:25):
going up with TikTok and Instagram and all those kinds
of things. So it's just an evolution of how human
beings think about investments and the robin Hood is taking
advantage of that and apparently doing an okay job at it.

Speaker 1 (01:58:35):
Well, okay, the stock represents the popularity of what the
app does, and I guess I'm really struggling with what
the app does. What am I doing on that particular
app that makes it popular? Am my trading stocks? Am
I engaging in banking? Am I, you know, sending videos
to my friends?

Speaker 7 (01:58:51):
What does it do all of those things? So remember
where this came from. Originally, Robinhood was the original. You
and I have talked about the meme stock, so game
Stop and AMC and all that stuff over the past years.
Robinhood's where a lot of that activity occurred. So you've
always been able to buy to buy shares there. They
found some creative ways to allow people to invest very
small amounts of money. You know, maybe I've only got
twenty bucks, but I want to buy a stock that's

(01:59:12):
worth one hundred dollars when now I can buy a
fifth of a share Because robinhood has put the technology
in place to be able to buy fractional shares. And
does this help the average retiree with a couple million
dollars Not really, it doesn't change anything. But for the
person who otherwise would not be engaging with the financial
markets at all, which is the vast majority of the
population of this country, if not the world, that's who
they've come up with ways to be able to serve.

(01:59:34):
And those are the kind of folks that you know,
the fidelities and the schwabs and all that aren't really
looking at So there's a market there for again, these
making a huge volume of these very small transactions.

Speaker 3 (01:59:45):
But that's the beginning of it.

Speaker 7 (01:59:47):
And then of course it was since it was already
you know, something that people were willing to engage with
and became used to. When crypto hit the mainstream a
few years back, it was already in position. Robinhood was
ready to be able to place those trades for people.
And so that's how people are already on those platforms.
So it's not like they're starting from scratch to see
all these new products. They're already there and they're being

(02:00:07):
enticed now with credit cards and again these prediction markets.
The big headline most recently here is Robin Hood's new
AI agent strategy, and that's going to allow AI tools
to help users manage investments, actual spending, and financial decisions.
I'm not sold on this. I still want a human
brain thinking about these kinds of things. It's an interesting
story to watch. Somebody out there is going to pull

(02:00:30):
the trigger and give it a try. But yes, Robin
Hood is out there. Whenever you hear the word agent,
that is no longer you know, AI simply being Google
on steroids. That's AI actually performing transactions for you. I'm
not ready to buy into any of that yet, and
we're certainly not anywhere close to that here at all
worth in terms of trading and all those kinds of things.
But there's a market out there for it. And again

(02:00:50):
that's why Robin Hood's in the headlines this morning.

Speaker 1 (02:00:52):
Is Robinhood overseen by some federal agency like the Securities
in Exchange Commission or something like that. Are they regulated
along those.

Speaker 7 (02:00:59):
Lines as much as anybody else is, because at the
end of the day, they are in exchange, so they're
they're they're monitored by by the same organizations that monitor
you know, stock trading and all that kind of thing.
The the it's the crypto side and these prediction markets
that right now there's really that it's just not as
well thought out by our you know, by our leadership

(02:01:19):
in terms of how that's going to be. There's a
lot of fights going on right now, you know, big
new and I talked recently about big debates over whether
it would be the Securities and Exchange Commission or the
commodities organizations governmental organizations that are going to monitor these
these types of markets. And somewhat good sized victory was
won by the financial industry when it was decided that

(02:01:40):
the commodities UH overseers are going to be in charge
there because they are less strenuous than the sec. So
it's not so much about Robinhood being on its own.
It's about these markets in general. Again, crypto and predictive
markets and all those are not really they're they're just
in general not monitors as well.

Speaker 3 (02:01:57):
And it's established as the overall stockworker.

Speaker 1 (02:01:59):
Well, and I always like to I point out that
I'm ignorant a lot of topics. This is one that
I obviously am the way I brought in this subject matter.
But then again, do you think anybody in Washington, d C.
In elected capacity has any concept of how this stuff works,
which ultimately leads me to conclude that no wonder the
financial institutions end up winning on this because they have money,
they have power, they have lobbyists, and they can sway

(02:02:20):
the narrative in any direction they want to a bunch
of people who really don't quite get it.

Speaker 3 (02:02:25):
That's very fair statement.

Speaker 7 (02:02:26):
And remember remember what talks it's money, right, So yeah,
I can't imagine that these these somewhat geriatric leaders of
our country aren't focused more on what the industry can
provide to their next election coffers than what the impact
over the next several decades will be of these tools
that are kind of being in some cases rubber stamp.
I'm worried about that too. I don't think that I'll

(02:02:46):
fix itself anytime soon. But you know, I don't know
what we do differently other than elect different people.

Speaker 1 (02:02:52):
Wow, there's an ask Brian James speaking of needing to
elect different people. The writing's on the wall in terms
of our national debt, and it is scary stuff. We're
going to talk about that coming up next with Brian James.
Don't Go Away.

Speaker 6 (02:03:04):
Fifty five KRC.

Speaker 3 (02:03:06):
The simply money Man. It is sponsored by share Fax
Credit Union. Visit sharefacs dot org.

Speaker 1 (02:03:11):
This is this a twenty seven I fifty got kcdtalk station.
I want to say Happy Monday, but as we enter
the next subject matter with money Monday's Brian James, I'm
not quite sure I can make it a happy Monday.
In spot off where I'm looking, Brian James, federal government
spending more on debt interest than medicaid, national offense, and
all non defense discretionary programs combined. And if that isn't

(02:03:33):
bad enough, they're saying it's going to get worse and
could turn into something far worse. We've been on a spending,
reckless spending trajectory forever. And I'm actually surprised because the
information that you relied upon it you provided me in
this particular article. The source of the information the Congressional
Budget Office Committee for a Responsible Federal Budget. We have

(02:03:54):
something called that. I know they misname things all the time, Brian,
but that sounds like a good organize. But we don't
have a responsible federal budget.

Speaker 3 (02:04:03):
We do not. We haven't had one in decades.

Speaker 7 (02:04:05):
You got to go back to the Cluton administration to
find the last balanced budget, and we won't relieve it.
We don't even talk about balanced budgets. That's campaign promises anymore.
We really don't talk about the budget at all because
really our leadership has no intention of doing anything about
it anytime soon. So the debt interest bill is becoming
its own budget category at this point, right, So it's
not something that we have to pay for all the

(02:04:26):
government employees. We've got to pay for all the government services,
the military, and all those other things. Debt was always
something that kind of happened in the background, of course,
but of course it's not now, and it is getting
to the point where we need to just treat it
like a line item like everything else. The federal government
now spends more on interest payments than medicaid, national defense,
or all non defense discretionary spending individually. And in fiscal

(02:04:48):
twenty twenty five, interest costs reached about three and a
quarter percent worth of the GDP. That's the highest level
we've seen on record. That means about nineteen cents of
every federal dollar Brian Thomas now goes toward paying interest
on the national debt. That committee you mentioned, the Committee
for a Responsible Federal Budget, well they estimate that if
treasury yields stay where they are today, then annual interest
costs are going to rise from eight hundred and eighty

(02:05:09):
billion to two and a half trillion by twenty thirty six.
So under that scenario, if that comes to pass, about
thirty percent of all federal revenue was going to go
toward interest payments alone.

Speaker 3 (02:05:19):
That's not a happy thought.

Speaker 1 (02:05:21):
No, I do you think that they're just they just
realize that it is going to be this insane amount
of debt service like our credit card interest rate, that
will force them into draconian cutting measures. I mean, listen,
we didn't want to cut, but guess what we have
to spend so much on the interest payment to service
the debt. All these programs, your favorite, my favorite, his favorite,

(02:05:41):
they're all going to have to be cut. That seems
the only answer to the problem, because no one wants
to present a responsible budget that's going to start whittling
this away.

Speaker 7 (02:05:50):
Well, and ostensibly that's what this current administration kind of
ran on. Remember those that's ancient history and really didn't
have any impact whatsoever, And all the different things that
we were going to do there, well, we we supposedly
cut a lot and we cut out US AID. We've
killed we're killing the Department of Education. I don't remember
hearing where those savings have actually gone, and I'm not
real thrilled about where I think they went. But so

(02:06:11):
it seems like there are efforts afoot to at least
reduce the size of government, but we're redirecting those those
savings into other things that are you know, that are
not exactly along the same line. Now, there's there there
are some people out there that don't believe that we're
at you know, or at the moment.

Speaker 3 (02:06:25):
Of a fiscal crisis.

Speaker 7 (02:06:26):
Right there's lots of people listening right now who don't
who don't have to think about this stuff on a
daily basis. So everything you and I have said in
the last five minutes maybe prompting people to be concerned
all of a sudden when before they weren't. But there
are people who think about this stuff all the time.
And there are some economists out there, you know, to
who take from up from a modern monetary theory point
of view. Uh, the fact that the US issues debt

(02:06:47):
and its own currency, and so unlike Greece or maybe Argentina,
that means we can't be deforced into default inflation, and
their major concern is inflation, not insolvency is the real
constraint here, And some other thoughts.

Speaker 3 (02:06:59):
Are in the past. The US has been in this
position before.

Speaker 7 (02:07:01):
We had debt over one hundred percent of GDP that
right after World War Two, but eventually strong growth reduced
that debt burden. So the thought here for the people
who believe that this isn't that big of a deal
is that AI productivity gains and innovation could potentially increase
growth enough to offset some of that fiscal pressure. And
that's what you and I just got done talking about.
At the moment, that is what is happening. We may

(02:07:22):
not like it, we may not be comfortable with the
fact that this country swipes its credit card every chance
it gets, but at the moment, it's still working, and
it has been for decades, so we still have some.

Speaker 1 (02:07:32):
Room to run here, believe it or not. Well, what
about the reserve currency? I mean, I'm concerned that the
globe is going to give up on the United States
as a as a reliable currency based upon this scenario
that we're looking at right now. If we don't get
people to loan US money then we can't continue to
service the debt Brian as I understand things.

Speaker 7 (02:07:50):
Yeah, but the thought I go back to there is okay,
then who steps in? What country is it that's going
to be and take take the place of the economic
might that the United States has. Now, we've made a
lot of changes over the last couple of years as
to how we present ourselves to the rest of the world,
and we've gotten away with a lot of it. Right,
the markets are still at all time highs because in
general the globe, the globes investors still think that US

(02:08:12):
stocks are the place to be. The treasury hasn't collapsed.
None of this has actually happened yet, So put it
in the future. Sure, But then that means where are
we going. Is it going to be China? Is the
world going to line up behind China? I can't envision
that happening. That's the second largest economy in the world.
There's still a good amount of distance between the US
and China, and then after that you get into Germany
and Japan, and I just don't see somebody stepping into

(02:08:34):
the role of the US plays And I don't think
there's enough faith in cryptocurrency.

Speaker 3 (02:08:38):
Cryptocurrency is way too much of a speculative asset for
that to average.

Speaker 1 (02:08:41):
Yeah, I wrote down crypto because you know the old
adage don't let a good crisis go to ray waits.
Guess what, we are facing a crisis right now that's
only going to get worse and at some point someone's
going to stand up and say, screw the dollar crypto.
And I wrote that down, and I thought, wait a second,
crypto is expressed in the form of a dollar valuation.
It's got to be expressed in the form of something
I think people can get their head around.

Speaker 7 (02:09:02):
Right exactly, And that's kind of exactly the point. I mean,
when we think of crypto, we don't know. People don't
generally think of what crypto itself is worth. We still
translate in our heads to how does that mean if
I dumped it into my checking account and converted it
to regular US dollars, what would that look like? And
the fact that you thought of it that way, that's
the point. That's how ensconced in the world economy. The
US dollar is and that's not going to change tomorrow.

Speaker 3 (02:09:22):
So the world's.

Speaker 7 (02:09:23):
Primary concurrency remains the US dollars. So it's fifty eight
percent of global foreign exchange reserves. It's still the dominant
currency for international trade. They may not like US, but
it's still the most reliable currency.

Speaker 3 (02:09:34):
Think of it this way.

Speaker 7 (02:09:35):
There were companies out there, maybe what's five six years
ago that were briefly accepting payment in the form of
cryptocurrency in bitcoin. Tesla was one of them. I believe
Microsoft did it for a little while, and they decided
not to do that anymore because all of a sudden,
their accounts receivable were bouncing wildly. When what you just
said happened, somebody had to translate that cryptocurrency eighty US

(02:09:58):
dollars to put it on the quarterly report. Well, and
it's just bouncing wildly, not because of the products they've sold,
but because of the crypto. Well, and that's been the
that's been the weird thing for me. This is one
of the reasons why I struly struggle to get my
head around it, because crypto varies wildly. One day it's worth,
you know, ten thousand dollars per coin, and the next
day it's worth fifteen. It's like, oh my god, crypto
is worth ap How do you buy something with something

(02:10:19):
that moves so dramatically In price from moment to moment,
let alone day to day. At least with the dollar,
you got to wait for inflation to kick in. Okay,
dollar's worth less this quarter than it was last, and
we can always see that in the price of goods
going up. But the other article about inflation, it's twenty
five percent up for every day goods and services since
twenty twenty one. That's really hitting people hard. But when

(02:10:41):
you go to this store and you want to buy something,
and you want to pay for it in crypto, it
could cost you this fraction of a crypto coin today
and something less tomorrow. I maybe AI can figure all
that crap out down the road, Brian, but in real
time calculations, it seems to be virtually impossible.

Speaker 3 (02:10:58):
You know.

Speaker 7 (02:10:58):
I think we're just moving into an era where basically
everything is treated as a speculative asset. We don't use
it to store value anymore. We don't use things to
you know, as a currency of exchange. We simply want
to own something and hope it goes to the moon.
That's really what all this stuff is. And I really
wish we'd dropped the you know, the last half of
that word currency off of cryptocurrency because it's not currency

(02:11:19):
is something that has exchanged. Crypto is getting hoarded because
people are thinking it's going to be worth a bazillion
dollars later. When was the last time you heard about
somebody selling their entire horde of bitcoin?

Speaker 3 (02:11:28):
That doesn't ever happen.

Speaker 7 (02:11:29):
People sit on it and ride the waves while the
new people jump in and out because they don't know
what they're doing.

Speaker 1 (02:11:33):
True, which makes me kind of want to ask a
question about gold. Gold keeps going up in price too people.
Is that revealing of something broader in terms of people's
concerns about the status of the world.

Speaker 7 (02:11:43):
Brian James, I think gold is really just a measure
of how nervous are we today because if you and
that's gold is is gets brought up by people who
really want to do what I think society is letting
go of.

Speaker 3 (02:11:55):
Right. Gold gets brought up by people.

Speaker 7 (02:11:57):
Who want to put their money in something and sit
on it and be confident that it's going to somehow
go up. But gold is treated anymore. It's just as
violent as anything else when the waves change direction on us.
So it's just not if you look over history a
gold position, people start looking at gold when they want
to try to time everything else. I'm worried about the
markets right now, so therefore I want to put it

(02:12:19):
in gold because I've perceived that that'll be a safer place. Well,
as we know about timing anything, you're never going to
get it right. You can get it right nine times
in a row, and that tenth time comes along and
puts you right back where you were.

Speaker 3 (02:12:28):
Gold does the.

Speaker 7 (02:12:29):
Same thing, just in the opposite. It's just the receiving
point of where people are trying to shelter from something
else for a brief period of time, and nobody has
proven throughout history that there's a way to do this
correctly multiple times in a row.

Speaker 1 (02:12:41):
And it's just a commodity like everything else. I think
people are fascinated with gold just because it's had this
long term, you know, multi multi millennial generational perception of
just actual value. If I have gold, it is going
to be worth something. But you can say the same
thing about platinum or copper or anything else it has
a value in in in society,