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Billy cunning in The Great American Red Spaceball kicks off at five forty.
Believe it or not. The Reds are still in great contention, a game
and a half out of the last wild card. They had the Tigers a
night starting about five forty, and the Tigers are terrible after three games,
including a business special on Thursday. Then go to New York Mets and the
Mets are terrible while they're play the Jets play the Jets, and the Mets
and the Giants, and the Yankees play them all together. Then come back
home against the Twinkies. How can you call a team the Twinkies. That's
a different issue, but until then, David Young is the Commissioner the commission
of Warren County and Dave Young, welcome again to the Bill Cunningham Show.
Two issues are percolating. Number one. We had on John Barrett about a
week or ten days ago, Western and Southern Chair who was almost close.
He said, the ball is on like the one yard line, not quite
done that the tennis tournament, he's very optimistic is going to stay. All
the media says that's not going to happen. When we had you on about
a month ago before the tournament started, it was very optimistic. Here we
are on September the twelve, twenty twenty three. There was going to be
an announcement made a month or two after the end of the tournament. We're
about a month into the road down the road. Give us a full report
first of all on that before we talk about theft and lows and more.
Please continue. Well, we like to think that no matter how much we
love my beloved reds war Bengals, those are especially now FC Cincinnati, which
is somewhat of the global asset. Yeah, the Rids and Bengals were national
assets. Yeah, they played a couple of international games. The Western Southern
Tennis Open held in Mason here in Warren County, is literally a global asset.
It's seen around the world when the doll would pay would play in uh
of those events. Literally the entire country of Spain would shut down to go
watch their national hero. This is a big, big deal internationally, and
it's very desirable, and you know, we're all about the free market in
Warren County and the city of Charlotte. One of our competitors values this asset
on one hundred and thirty million dollars, and actually about a week ago,
Willie, they increase their number by an additional twenty seven million plus a little
more of this. They're basically at one hundred and sixty million dollar value of
trying to take our asset away. Are they going to be successful? They
are not going to kick our asset, Willie. Let me be clear,
We're going to keep it. Well, there you go. I don't want
to say we're going to keep it were I don't want to say we're gonna
My intent is to keep it. My intent is to keep it. But
like any good negotiator, I'm not negotiating it in public. We have made
strides in the last ten weeks or so because, honestly, to be clear
to the public that this tournament was gone. Bimaka said that on different meetings
that this tournament was gone until about ten weeks ago and things changed and we
are right there close to the goal line where we're close. It's not guaranteed
this tournament still can leave, But just to be clear, I think we're
in really, really good shape. So if you, if you were a
betting man, you would say the probability of its staying is greater than the
probability of it leaving. In my humble opinion, that is my position.
All right, it's a costing the taxpayers more money because the State of Ohio
is flushed with money. They have billions and billions of extra money. Warren
County doesn't have a credit card. You pay everything in cash, bags of
cash, so it's going to be more public involvement. I'll say this Willie
that if the free market has established a price, the state of Ohio is
an unbelievably good financial position. They have a billion dollar fund to do things
exactly like this. Warren County is in arguably the best financial shape of any
county in the United States. Definitely in the state of Ohio. We just
did a tax holiday last year where we did not collect our portion of property
taxes from our residents. We are in unbelievably good financial shape. We know
how to manage money. And I'll say this, Willie, I don't like
to lose, and I especially don't like to lose when it comes to money.
And if we think this is a worthy investment, we think it's a
worthy investment. So, David Young, the Commissioner of Warren County, you
would not allow Charlotte, the queen city of the South, the kick our
assets. Is that what you said? Listen, I'm ready to fight for
our asset like you wouldn't believe. I'm from Blue Ash, Willie. I'll
get in there and fight for that asset, and I'm going to kick somebody
else's asset. So the little tree that grew is now a big oak.
So when would the announcement be made at all? They said? John Barrett
said, a month or two after the tournament ends. Believe it or not,
we're a month down the road. Would you anticipate something by say Halloween?
Before that? If I'm in their shoes. Once that decision has been
made, they need to break ground somewhere, whether it's in Charlotte or if
it's expanding the facility here in Mason. They need to do that sooner rather
than later. Because now we're only ten months away from them moving things into
the facility here in Mason, and then they're only twenty two months away from
having to move it into Charlotte. So they need to get going. So
I think the decisions we're talking about her of two three four weeks. Okay,
Page two is a headline. When I think of business, and I
think of money, and I think of power, and I think of American
capitalism, which has created the middle class, the greatest economy in the world,
despite the fact we find so much wrong with it. There's no place
that'd rather be than in America, no place or rather live in the dry
state. While I was at a function last night at the Xavier Sintas Center
where I met some of the leadership of Xavier plus many others about important issues.
It was a great get together. Many are talking about moving to Warren
County into Boone County because of what's happening in the city of Cincinnati, which
is a gross increase in the income tax, plus the safety issue issues there.
Shots being fired in the gaslight district at little three year old birthday parties
are being disrupted with bodies thrown out of car doors and Clifton. Things are
not good, But headline CNBC shrink and theft losses near one billion dollars at
Lows. Here's how much they're costing other retailers. I'm watching a collapse of
civilization. I would assume there's massive theft happening in Warren County somewhere, but
when it's discovered, the indicted individual goes before a conservative jury and goes to
prison. That doesn't happen in many other urban areas. What was your reaction
as a business leader when it's shrinking theft losses at lows in one year approach
a billion dollars. Please tell me your reaction, you know, Willie,
I started off my career managing money for other people and four owen k plans
and things like that, so I'm fairly well versed in a lot of things
I don't know. One of the things I do know is you know some
of the Wall Street terminologies and things like that. And here in the last
couple of years, there's been a new word that has appeared in financial statements
of company. That word is shrinkage. Shrinkage is another term for theft,
and that our inventory is just gone and it is not one or two companies,
it's across the board. And before we get into why this is happening,
I want I want your listeners to kind of understand it. Fiscal twenty
two annual shrink loss from lows nine hundred and ninety seven million, and just
for comparison purposes, ten years ago, that number was three hundred and fifteen
million. It averaged around three hundred million until twenty sixteen, then all of
a sudden, four hundred million, then five hundred million, and twenty twenty
twenty twenty one, seven hundred and eighty six million, and just since last
year at just under eight hundred million, it went to almost a billion dollars
just at lows because people are literally going in and taking the money. Target
second quarter shrinkage two hundred and nineteen point five million dollars shrink in a quarter
quarter. They're on pace to do a billion. Yes, that's a quarter.
Macy's second quarter eleven point two billion, TJX TJ Max one hundred and
fifty million higher than the year before, Dick's Sporting Goods twenty seven millions dollar
tree eighty eight million for the quarter, times all of those times for so
that is what's going on in our society. That's what's going on with our
retailers. And there is a direct correlation with areas that have high shrinkage and
loss of stores. And who does that hurt? The god fearing, law
abiding citizens of those areas because the stores go away because people steal and rob
them blind and they can't afford to keep the doors open. It hurts those
residents who we all care so much about, My goodness, we're taking those
stores and grocery stores away because they can't stay in business. In certain areas.
It's amazing if you have fifty percent off, you're getting some cash in
the door to pay the products. But when Lows and other retailers lose one
billion dollars a year on shrink each and theft, and it's accelerating, it's
not going down, it's going up. When that occurs, those customers who
use those stores are going to complain, holler, moan about the fact that
there's food deserts, or there's retail deserts, or no one's coming here.
And this is a small number of people. And one thing, there's always
been some internal theft happening with employees walking out the door but this is industrial
strength. These are the gangs, the warlords out of northern Mexico that see
right for the plucking billions of dollars that they can sell on the internet for
thirty forty cents on the dollar and away you go. And so that's where
we're headed. They call it organized crime. And I should correct my last
statement. It's not just in certain areas. It's everywhere, Willie, I
mean Rodeo Drive and Beverly Hill. I mean they've the smash and grab.
It's happening everywhere, especially throughout even nicer areas of California. And there's a
direct cause and effect of our being, our society, our interpretation of right
and wrong and is it okay to do certain things? And what's the penalty
when you break the law. What are we as a society going to do?
Do we just let oh, you know, it's okay, he just
stole something or he or she and then all of a sudden, we're just
going to do in a cashless bond. We're going to let him out the
next day. Nobody, nobody, quote unquote was harmed in the commission of
this grab and flee. So we as a society we're saying, no big
deal. So what are certain people in the society doing, especially organized crime.
They're coming in and saying, we're going to take advantage of that.
So we're getting we're reaping what we sowed when it came to our crime and
punishment policies related to this subject. And then when the store employees try to
stop this massive theft by direct means, they're fired by their employers. I
can recall the Louis Vaton theft out of the Kenwood Town Center, which is
the greatest retail shopping center and the Midwest, is right here at the Kenwood
Town Center and smashing grab one in three or four, mask up, no
fingerprints, I seventy one is right there smashing grabs. No one's going to
stop them. There's no security present. If there was, they can't arrest.
That is all organized retail theft. And if you come across the southern
border and you've got a certain kind of a bracelet on, what you have
to do is do what they tell you to do, or else you and
your family will be killed or raped or murder, whatever it might be.
So these individuals have industrial strength Louis Vatan thefts happening all over the country.
Rado drive Kenwood Town Center. They go where the money is, and it
is said, and to stop it you have to build prisons, have prosecutors
at will, prosecute police at all, arrest and away you go. Because
right now, walk into a jewelry store sold this one in New York City.
They went him with sledgehammers, broke him, and they broke the display
cases and took literally a half a million dollars in diamonds in your pocket and
out the door. And a couple tried to stop this big fat guy with
a bag putting diamonds in and he was apprehended, but he was out on
bond within two hours because it was a quote property crime in New York City.
They don't prosecute those property crimes. And this person has gone to do
more of it. Unless we draw the line somewhere in our society, guess
what, we're going to have complete chaos. It it'll be like escape from
New York with snake pliskin, Snake pliskin, and that's what it's going to
come to. But if it happens in Warren County, you got a prosecutor
dot a prosecute. You got police that will arrest and so that metastasizes in
the city more. But we got to run David Young the commission. I'm
very happy to hear what's going on. It's not done till it's done,
and if it is done with a tennis tournament, it will be a long
term, guaranteed, bonus laden contract. And God knows we need that.
We need the w ebn our works, we need the LPGA, we need
all these ancillary events off to the side. They produced hundreds of millions of
dollars and the quality of life that other cities do not have. We have
the Crown Jewel, which is the Western and Southern w EB and fireworks and
also the tennis tournament. So on a scale of one to ten, are
you getting closure to ten? Are you at nine point five? Eight point
seven five? Where are you at this point? I would say I'm close
to an eight at this point between seven and a half. I'll say a
solid seven and a half because I've been around long enough to know it ain't
done until it's done. But this is a such an important asset for the
entire region. Really, it's not just Warren County in the city of Mason,
It's the entire region. This is a big deal in Warren County.
We have thirty to forty international companies that are located here, and we only
have two hundred and forty thousand residents. There's a disproportionate amount of international companies
here in Warren County. I can't put my finger on in the direct core,
but common sense dictates there's a reason why they're here. Why do these
international companies know about little old Warren County Because we're doing it right and they've
seen our name through the Western Southern Tennis Tournament, So there is a correlation.
There is a benefit to the taxpayers. We don't like to lose.
We're gonna win. I'm confident in it. But again, it ain't done
until it's done. Willie and the Joker and Coco Golf, they won the
big tournament, the Western and Southern Tennis Open. Then then go to the
city on the East coast and they went some other event. I don't recall
exactly what it was, but they won the Western and Southern Open, the
women's champion, the men's champion. The greatest of all time is the Joker.
The Joker is wild and having won the Western and Southern, he felt
impossible win the US Open along with it. All right, Commission, thank
you for calling in, and thank you for coming on the Bill Cunningham Show.
And when there's massive theft happening, prosecute, prosecute, prosecute, David
Young, thank you very much. God bless you, Willie, and God
bless America. Let's get continue with more Bill cunning into Great American Life,
which om of the Reds still searching for that playoff spotty game and a half
out. Starting about five forty tonight, a news radio seven hundred that all
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