WEBVTT

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<v Speaker 1>I'm in the high OVERNIGHTLA sixty four with clear skies

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<v Speaker 1>eighty eight with sunny skies tomorrow, down to sixty four

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<v Speaker 1>every night along with the chance of showers and storms

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<v Speaker 1>partly sunny Friday, chances of showers and storms at high

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<v Speaker 1>eighty nine Right now sixty six. Time for Chuck Ingram

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<v Speaker 1>of the traffic updations.

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<v Speaker 2>From the UCF Traffic Center. Nearly sixty percent of Americans

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<v Speaker 2>waiting on an organ transplanterer from multicultural communities give the

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<v Speaker 2>Gift of life. Sign up today to be an organ donor.

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<v Speaker 2>Heavy traffic on the highways now, including northbound seventy five

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<v Speaker 2>over a fifteen minute delay between Florence and downtown in

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<v Speaker 2>Bend seventy four backs above Montana East two seventy five

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<v Speaker 2>heavy after you got pants Coal Raen to Hamiltonay Avenue

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<v Speaker 2>and again mostel at of forty two. Chuck Ingram on

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<v Speaker 2>fifty five KRC the talk station.

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<v Speaker 1>It's seven forty here fifty five KRC DE Talk station.

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<v Speaker 1>Brian Town is always happy to welcome to the FTY

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<v Speaker 1>five CARC Morning Show. You find her writing and reporting

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<v Speaker 1>in The Cincinni Inquiry, which you can find at Cincinnati

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<v Speaker 1>dot com. I got my online subscription there and I

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<v Speaker 1>check it out every single day. Welcome back, Sharon Coolidge.

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<v Speaker 1>It's all. It is a pleasure to have you on

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<v Speaker 1>the program.

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<v Speaker 3>Good morning.

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<v Speaker 1>I'm actually looking more forward to topic too, because I

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<v Speaker 1>just find it so comical about the six hundred million

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<v Speaker 1>dollars fund to help residents of the city with their

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<v Speaker 1>property taxes. We'll get to that, but let's start with

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<v Speaker 1>what happened with Mercy Health and this this Bond Hill facility.

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<v Speaker 1>They got a tax incentive package back in twenty fourteen

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<v Speaker 1>the Bonds Accors Mercy Health System did to go into

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<v Speaker 1>this Bond Hill building. Was supposed to boost the neighborhood

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<v Speaker 1>high paying jobs. Of course, earnings taxes is where sixty

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<v Speaker 1>four percent of the city's budget comes from. So all

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<v Speaker 1>that sounds great, but then they didn't end up using it.

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<v Speaker 1>So the city is now saying, hey, we gave you

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<v Speaker 1>this incentive package, you owe us seven million dollars because

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<v Speaker 1>you didn't make good on your obligations. My first question

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<v Speaker 1>was what happened to the site and why didn't it

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<v Speaker 1>work out?

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<v Speaker 3>We know, not go into it building. It wasn't some

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<v Speaker 3>building that was sitting there. It was taking the old

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<v Speaker 3>like movie theater site blighted. You know what are we

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<v Speaker 3>going to do with this and building this beautiful news

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<v Speaker 3>structure and then filling it with jobs. Right, It sounded

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<v Speaker 3>like a dream absolutely, And you know what, honestly, I

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<v Speaker 3>have to say it was working all the way up

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<v Speaker 3>until COVID. It was growing that it was a bustling place.

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<v Speaker 3>But once COVID hit, the world changed. And they're saying it,

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<v Speaker 3>and they set it in twenty twenty one in a

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<v Speaker 3>letter to former Mayor John Cranley, We're going to stay remote.

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<v Speaker 3>It's best for our company. That's what we're doing. The

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<v Speaker 3>city didn't really, I don't know, pay that much attention

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<v Speaker 3>back in twenty twenty one, but they said it definitively

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<v Speaker 3>in a letter, We're going to work remote now and

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<v Speaker 3>that's what they did. Well, they're remote.

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<v Speaker 1>Well that was I mean, Sharon, back then, that was

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<v Speaker 1>in everybody's best interest because if you're working from home,

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<v Speaker 1>you're not spreading the evil COVID around, So there's no

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<v Speaker 1>way you could push back on something like that when

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<v Speaker 1>really that was kind of what was being asked of

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<v Speaker 1>the public generally speaking, across the board in any given industry, no,

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<v Speaker 1>one hundred percent.

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<v Speaker 3>I mean the world has changed, and I think the

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<v Speaker 3>city's really trying to grapple with that.

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<v Speaker 2>Now.

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<v Speaker 3>I think we're seeing this in more and more places.

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<v Speaker 3>I mean, the Ge building is not living up to

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<v Speaker 3>its promise, and then we see in bond Hill the

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<v Speaker 3>same thing, these two big new buildings, and then you're

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<v Speaker 3>going to redo the SAX building and that sounds great.

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<v Speaker 3>Pay Courts is going to be a main tenant there.

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<v Speaker 2>They're remote.

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<v Speaker 3>Nobody's even pretending the pay courts filled with the bunch

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<v Speaker 3>of jobs that are paying earning taxes. They're I mean,

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<v Speaker 3>they're like, this is a meeting space and it is.

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<v Speaker 3>They're being upfront with what this plan looks like. But

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<v Speaker 3>it's not some company coming in with all these shops

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<v Speaker 3>that pay earning tax.

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<v Speaker 1>Well, I know what you do to recover they in

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<v Speaker 1>order to recover that ready, the earnings taxes that you're

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<v Speaker 1>not getting from the likes of pay Corps and Mercy Health,

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<v Speaker 1>just raise the earnings tax on everybody else to make

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<v Speaker 1>up for the loss. Have to have.

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<v Speaker 3>Products, not your idea. That's the futures commissioned idea. That's

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<v Speaker 3>they're not trying to take credit for that well, so

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<v Speaker 3>you know, we're not happy that this year. This was

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<v Speaker 3>a very big conversation behind the scenes, and I was

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<v Speaker 3>prepped and ready as if, really, what is this going

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<v Speaker 3>to look like? What is this vote going to look like?

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<v Speaker 3>And in the end they felt like they didn't have

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<v Speaker 3>enough time to get it done. I mean, I'm just

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<v Speaker 3>going to say it. They would have really looked like hypocrites.

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<v Speaker 3>They were like the budget process was too fast, but

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<v Speaker 3>then they were like, oh, well, maybe we'll do an

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<v Speaker 3>earnings tax. You're like, you're seconds from having to vote

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<v Speaker 3>on this, Like, why an't you going to talk about

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<v Speaker 3>it and tell the public about it? There just was

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<v Speaker 3>not enough time This year. They're owning it though, and

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<v Speaker 3>I don't know if it has enough support from COW

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<v Speaker 3>So I think there's like a picture like a sigh

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<v Speaker 3>of relief. We don't have to say how we feel

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<v Speaker 3>about this right now, but this is definitely going to

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<v Speaker 3>be a conversation. I think next year.

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<v Speaker 1>I would say, do you see this evolving into litigation?

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<v Speaker 1>Because I'm guessing Mercy Health has said no, I mean,

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<v Speaker 1>this was out of our hands, and person.

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<v Speaker 3>Health actually said yes once we really started writing about it.

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<v Speaker 3>Mercy Health came out and said definitively that they were

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<v Speaker 3>going to pay it. Oh, which is really saying something

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<v Speaker 3>because ge has like this huge settlement package that was

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<v Speaker 3>kind of cut behind the scenes and I think was

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<v Speaker 3>a forty three million, but it was like a lot

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<v Speaker 3>of things that had value attached to it. Nobody wrote

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<v Speaker 3>that kind of check to the city. It was like, Oh,

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<v Speaker 3>we're donating an old engine to Cincinnati State so they

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<v Speaker 3>can study and everything. I don't hate that, okay, but

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<v Speaker 3>it's a value to ten million dollars. We're going to

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<v Speaker 3>do these volunteer hours, and it's you know, value, it's

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<v Speaker 3>such and such. Like. The only real hard cash seemed

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<v Speaker 3>to come out of that was two hundred and fifty

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<v Speaker 3>thousand dollars for the port to do a study about

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<v Speaker 3>what should happen next with like the big parcel of

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<v Speaker 3>land next to pay Horse Stadium. So that really wasn't

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<v Speaker 3>a cash, but it does seem like and we're going

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<v Speaker 3>to find out on Thursday. There's a big meeting between

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<v Speaker 3>Mercy and you know, the Development Department and the city

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<v Speaker 3>manager and what's going to come out of that. Now

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<v Speaker 3>Mercy said they're going to pay it, but I don't

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<v Speaker 3>say anything's a don unentail till it's actually.

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<v Speaker 1>A done yell well, and in the final analysis pay

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<v Speaker 1>it or not, maybe they see that they're obligated to

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<v Speaker 1>do it. That's fine, settle it like ge did. Whatever

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<v Speaker 1>that happens. Those jobs are not going to be in

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<v Speaker 1>the city of Cincinnati, basically, that's they're not going to

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<v Speaker 1>be there.

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<v Speaker 3>No, they're not. And that is like, is it really

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<v Speaker 3>the changing? That's how much it's changing that we can't

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<v Speaker 3>I mean, Emver was like, oh, Cincinnati is an amazing

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<v Speaker 3>like we're on the upswing and everything's great, and I

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<v Speaker 3>do believe that. But then where there's jobs don't want

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<v Speaker 3>to come here. Some people will still work in person,

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<v Speaker 3>and it's like, really, what does that look like? And

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<v Speaker 3>the people you're electing next year is a big electioneer,

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<v Speaker 3>the mayor and city council. And I don't know what

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<v Speaker 3>those races look like because I don't have like a

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<v Speaker 3>tenth person who said they're running or someone who's running

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<v Speaker 3>against the mayor. But people really do need to learn

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<v Speaker 3>they're looking at who they're voting for. Think this is

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<v Speaker 3>a pivot point, and the Futures Commission did not sugarcoat

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<v Speaker 3>that these business leaders are like, some changes have got

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<v Speaker 3>to be made here, and are these the people who

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<v Speaker 3>can make the changes? People have to kind of decide

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<v Speaker 3>this is the path forwards everything we're hearing about.

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<v Speaker 1>And we will count on the likes of Sharon Coolidge

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<v Speaker 1>others at the enquire and local reporting to give us

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<v Speaker 1>as much information on those candidates as possible. So maybe

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<v Speaker 1>we can write the ship would consider me, would make

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<v Speaker 1>appropriate decisions when we're voting. Sharon, let's pause. I want

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<v Speaker 1>to bring you back talk about the other issue, which

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<v Speaker 1>I think is I just keep laughing about it. Six

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<v Speaker 1>hundred million dollars taken from the railroad pot of money

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<v Speaker 1>to provide property tax relief for Cincinnatians, and Cincinnati residents

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<v Speaker 1>may get a chance to vote on just that. Lean

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<v Speaker 1>Arrow business consultant ging to get in touch with if

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<v Speaker 1>you're a business and you're responsible for the business every business,

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<v Speaker 1>large and small. Lean Arrow knows this because they spend

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<v Speaker 1>decades working at Fortune five hundred companies. Note that it's

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<v Speaker 1>a bunch of individual components. Your business is that all

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<v Speaker 1>those components have to work together to achieve the desired

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<v Speaker 1>performance level. And of course your bottom line is one

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<v Speaker 1>of those components, and if you don't all work together,

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<v Speaker 1>the business suffers. You get low morale, high turnover, poor quality,

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<v Speaker 1>late deliveries, poor financial performance. Lean Arrow partners with their

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<v Speaker 1>clients they do a comprehensive business system diagnostic to identify

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<v Speaker 1>those specific areas that are degrading your company's performance and

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<v Speaker 1>then redesign the process to deliver you concrete results. And

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<v Speaker 1>right now it's a really important thing to know this

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<v Speaker 1>know everything there is to know about the DARREA strategy,

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<v Speaker 1>do that. Go to LEANARROWLLC dot com. That's Lean Arrow

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<v Speaker 1>llc dot com. Fifty five KRC quick Weether sunny in

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<v Speaker 1>eighty seven today, over night, clear in sixty four, sonny

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<v Speaker 1>in eighty eight Tomorrow, overnight partly cloudy, chance of showers

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<v Speaker 1>of storm sixty four. Partly sunny on Friday with chances

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<v Speaker 1>of showers of storms eighty nine. Right now sixty six

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<v Speaker 1>traffic time from.

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<v Speaker 2>The UCL Traffic Center. Nearly sixty percent of Americans waiting

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<v Speaker 2>on an organ transplanner from multicultural communities give the gift

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<v Speaker 2>of life. Sign up to be an organ downer. Today,

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<v Speaker 2>heavy traffic continues to build southbound seventy five and then

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<v Speaker 2>out of Lachland northbound seventy five and an extra fifteen

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<v Speaker 2>minutes between Florence and downtown inbound seventy four. Now post

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<v Speaker 2>slow go above Montana chuck Ingram Mount fifty five KRC.

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<v Speaker 3>The talk station.

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<v Speaker 1>If Kercytalxation. Brian Thomas with the Cincinnion inquires Sharon Coolidge,

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<v Speaker 1>pivoting over to the railroad money being used for property

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<v Speaker 1>tax relief. Of course, everybody is reeling from the massive

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<v Speaker 1>increase in property tax is brought about by Yes, a

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<v Speaker 1>corollary of COVID and the property values increasing. Many people

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<v Speaker 1>can't handle it. Many seniors are on fixed incomes and

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<v Speaker 1>the property tax bill goes up three by thirty percent,

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<v Speaker 1>and they are where am I going to get this money?

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<v Speaker 1>Entered Tom Brinkman, former Republican state representative who has proposed

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<v Speaker 1>a ballot initiative. Signatures being circulated as we speak. To

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<v Speaker 1>take six hundred dollars out of the one point six

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<v Speaker 1>billion dollar railroad fund from the stupid sale of the

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<v Speaker 1>railroad and put that into a separate fund to generate

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<v Speaker 1>revenue to help Cincinnati property owners of all sizes, shaped stripes,

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<v Speaker 1>and income values to get some property tax relief. Sharon,

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<v Speaker 1>can you imagine being able to vote to have money

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<v Speaker 1>to get money to lower your taxes? This sounds like

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<v Speaker 1>it probably would pass if they get enough signatures. What's

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<v Speaker 1>your take on this one.

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<v Speaker 3>I definitely think there's some concern behind the scenes. No

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<v Speaker 3>one's really saying anything. Everyone's waiting. I mean, this is

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<v Speaker 3>a very tight timeline to get the petitions, the valid signatures.

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<v Speaker 3>I think people are kind of waiting.

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<v Speaker 2>Uh.

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<v Speaker 3>You know. Some of the public talking points are like,

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<v Speaker 3>of course people want to pay, they would want to

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<v Speaker 3>pay for all these services. I'm like, what does that

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<v Speaker 3>ballot language look like? I was like that, do you

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<v Speaker 3>want someone in the city to pay your property taxes?

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<v Speaker 3>That does seem like a yes to me? Not yeah,

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<v Speaker 3>I agree with you there.

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<v Speaker 1>And not because I you know, from a matter of

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<v Speaker 1>you know, policy standpoint or my political leanings, think it's

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<v Speaker 1>you know, it's like, well, people can put their hand

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<v Speaker 1>in a cookie jar. They're got to put their hand

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<v Speaker 1>in a cookie jar. And I don't know that necessarily

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<v Speaker 1>that's the right thing to do, but this is I mean,

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<v Speaker 1>Tom Brigman was not in favor of the sale, and

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<v Speaker 1>he knows that people are suffering and struggling, and this

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<v Speaker 1>is a mechanism for people to take money away from

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<v Speaker 1>the seemingly limitless number of things that they could use

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<v Speaker 1>the money from that fund to go to, and force

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<v Speaker 1>them to give relief to the actual residents of the city.

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<v Speaker 1>I just I think it's a wonderful, you know, a

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<v Speaker 1>work of I don't know, brinksmanship. If I can may

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<v Speaker 1>make so loose with this with the phrase, you know,

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<v Speaker 1>I think.

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<v Speaker 3>There's probably there's a lot of pieces to this one,

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<v Speaker 3>but he certainly has hit a nerve with what people

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<v Speaker 3>are thinking and feeling in the city. And I think

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<v Speaker 3>that's super important that like, this is the conversation that

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<v Speaker 3>people are feeling pinched. They can't afford to buy a house,

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<v Speaker 3>the real estate market is kind of stagnant, Like what

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<v Speaker 3>what does middle class look like in Cincinnati? And he's

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<v Speaker 3>really hit upon something where people are like, this is

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<v Speaker 3>what people are talking about in their real lives and

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<v Speaker 3>worried about and so it is an interesting conversation. Can

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<v Speaker 3>they do it? It's hard to tell because it has

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<v Speaker 3>like that state component, and everything is going to take

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<v Speaker 3>a lot more vetting, but it certainly seems like a

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<v Speaker 3>conversation that the actual citizens want to have.

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<v Speaker 1>Themselves well and without Norfolk Southern's money involved in something

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<v Speaker 1>like this. Do you think there's going to be any

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<v Speaker 1>sort of funded opposition campaign? I mean, I think the

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<v Speaker 1>issue or the idea itself is about an issative sort

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<v Speaker 1>of sells itself under the circumstances. So will there be

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<v Speaker 1>a well funded or well organized opposition to doing this?

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<v Speaker 1>I guess?

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<v Speaker 3>Well, here's the thing, so I'm not nothing is a

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<v Speaker 3>six million dollar campaign. Nothing. That is how much money

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<v Speaker 3>Norfolks un are and put into the campaign to pass

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<v Speaker 3>that railroad sale. Yeah, six million dollars of their own money.

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<v Speaker 3>And you know they didn't make any bones about it,

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<v Speaker 3>like the most I can't nothing ever comes close to that,

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<v Speaker 3>So it certainly not that. No, it's a tight timeline.

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<v Speaker 3>It's going to be hard to cut through. I don't

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<v Speaker 3>know if you've noticed there seems to be a presidential

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<v Speaker 3>election going on. And that is the news cycle that

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<v Speaker 3>this high. It's not like a city level news cycle, right.

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<v Speaker 3>It is people paying attention to the presidential race. It's

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<v Speaker 3>going to be very hard to cut through and make

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<v Speaker 3>the case either way. It's going to be really left.

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<v Speaker 3>I think the citizens they're going to look at the

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<v Speaker 3>bat language on the ballot and be like, what is this? Okay?

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<v Speaker 3>And it wouldn't be on the sample now that we

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<v Speaker 3>can't discount the sample ballot. Of course there will be

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<v Speaker 3>a sample ballot. I can't if this is on the ballot,

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<v Speaker 3>I would count on, you know, the sample ballot saying

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<v Speaker 3>no vote no. Uh. And I think the sample ballot

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<v Speaker 3>really is going to carry the day in so many cases. Yeah,

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<v Speaker 3>But do people look at this and like, hold, hold up,

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<v Speaker 3>do I want someone else to pay my property taxes?

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<v Speaker 1>Well, and you know property taxes and whether you can

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<v Speaker 1>afford them or not. I'm sorry. That does not fall

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<v Speaker 1>into a political category that hits people equally regardless of

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<v Speaker 1>whether they belonged to the Republican or Democrat party, So

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<v Speaker 1>that maybe the Democrats would put vote no on the

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<v Speaker 1>blue none the blues slip maybe does not necessarily represent

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<v Speaker 1>the interest or the beliefs of the Democrats in the

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<v Speaker 1>city of Cincinnati since they got to pay the.

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<v Speaker 3>Bill, which is a real thing.

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<v Speaker 1>Yeah, it's really a real thing.

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<v Speaker 3>Say, oh, the Democrat a Republican prosecutor share for all

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<v Speaker 3>these races, and like you maybe like somebody who don't

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<v Speaker 3>like somebody, but you have to get out your checkbook

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<v Speaker 3>and write a text to your property taxes. You don't

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<v Speaker 3>have a choice. People, I there's a real fear, Like

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<v Speaker 3>I have seen people cry about this. Yes, there's a

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<v Speaker 3>real fear. It's you know, it's it's kind of scary

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<v Speaker 3>to be honest.

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<v Speaker 1>Well, keep writing about it and I'll keep my popcorn

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<v Speaker 1>out because this one I can't vote on it. It doesn't

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<v Speaker 1>impact me. I don't live in the city, but I

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<v Speaker 1>certainly have a profound interest in this and how it unfolds.

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<v Speaker 1>So Sharon Coolidge will be looking for the reporting onto

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<v Speaker 1>the enquire Cincinnati dot coms where you find sharing and

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<v Speaker 1>the crew, and I appreciate you coming on the program

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<v Speaker 1>and enlightening us as well as keeping up on the reporting. Sharon,

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<v Speaker 1>I look forward to talking to you again real soon.

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<v Speaker 1>Thanks for having anytime. Seven fifty seven stick around. Mike

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<v Speaker 1>we're gonna have some fun. Off top of the our

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<v Speaker 1>news the German are those German guys with an event

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<v Speaker 1>called Canteen Beer Garden monthly keg tapping that plus Judge

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<v Speaker 1>entited of Paul Tano at eight thirty to be right

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<v Speaker 1>back your campaign bitstop on the road to November.

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<v Speaker 2>There's so much going on, I gotta check in a

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<v Speaker 2>few times a day.

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<v Speaker 1>Fifty five krs the talk station
