WEBVTT 1 00:00:23.160 --> 00:00:28.280 And Hi, how are you happy Friday? To you? On 2 00:00:28.359 --> 00:00:32.079 this the seventh day of November, Year of Our Lord, 3 00:00:32.159 --> 00:00:37.479 twenty twenty five. My name is Tom Sullivan. And well, 4 00:00:37.479 --> 00:00:41.119 we've got some maybe a little breakthrough on the shutdown 5 00:00:41.159 --> 00:00:45.359 of the government day what is this day? Thirty thirty eight, 6 00:00:46.679 --> 00:00:49.880 who's counting? We've got that, We've got an update on. Yeah, 7 00:00:49.920 --> 00:00:53.640 the airlines are are cutting back on their flying and 8 00:00:53.679 --> 00:00:56.600 it's going to get even worse if there if the 9 00:00:56.679 --> 00:01:01.719 shutdown continues. Some updates about the and updates about that 10 00:01:02.359 --> 00:01:06.079 ups jet that crashed in Louisville. So a lot to 11 00:01:06.120 --> 00:01:10.359 go over. Let's start with the breaking news on this. 12 00:01:10.439 --> 00:01:14.319 It's Friday afternoon while we're recording this, and Chuck Schumer 13 00:01:15.079 --> 00:01:19.319 just came to the floor of the US Senate and 14 00:01:19.439 --> 00:01:22.159 had So this isn't something where they're talking behind them, 15 00:01:22.159 --> 00:01:25.319 but they've been talking behind the scenes. And I told 16 00:01:25.359 --> 00:01:29.719 you yesterday that the way I see this coming to 17 00:01:29.920 --> 00:01:33.040 some sort of end is that they're going to try 18 00:01:33.079 --> 00:01:39.680 to keep the healthcare subsidies going for a year or 19 00:01:39.799 --> 00:01:44.599 two or maybe three, which is typical in Washington, is 20 00:01:44.640 --> 00:01:48.200 to kick the can down the road. And I don't 21 00:01:48.239 --> 00:01:50.480 mean to reach around and pat myself on the back. 22 00:01:50.560 --> 00:01:57.159 But that's exactly what Chuck Schumer announced this afternoon, was 23 00:01:57.719 --> 00:02:03.000 why don't we reopen the government and then but kick 24 00:02:03.079 --> 00:02:07.680 the can down the road one year for the subsidies 25 00:02:07.760 --> 00:02:10.439 for the Affordable Care Act would continue for at least 26 00:02:10.479 --> 00:02:14.759 a year while they put together a bipartisan committee to 27 00:02:14.919 --> 00:02:20.719 negotiate how to fix healthcare. Now, this fixing healthcare has 28 00:02:20.759 --> 00:02:26.280 been an issue before Obamacare passed and certainly since it's passed, 29 00:02:27.080 --> 00:02:32.280 and they don't I mean it's the government program was 30 00:02:32.360 --> 00:02:35.919 originally designed to make it so that we would all 31 00:02:36.120 --> 00:02:41.080 cave and sign up for a government run healthcare program. 32 00:02:41.639 --> 00:02:45.840 That was the goal. It hasn't happened. It's been ten 33 00:02:45.960 --> 00:02:49.879 years and we're still some of us on private insurance, 34 00:02:49.919 --> 00:02:54.159 some of us on government insurance. So let's listen to 35 00:02:54.680 --> 00:02:58.360 what Chuck Schumer has to say and then we'll chat 36 00:02:58.360 --> 00:02:58.800 about it. 37 00:02:59.039 --> 00:03:03.000 Democrats have said we must address the health care crisis, 38 00:03:03.560 --> 00:03:07.240 but Republicans have repeatedly said they won't negotiate to lower 39 00:03:07.280 --> 00:03:12.759 the healthcare costs until the government reopens. So let's find 40 00:03:12.800 --> 00:03:16.960 a path to honor both positions. Democrats would like to 41 00:03:17.000 --> 00:03:19.479 see an end to this shutdown. And we want to 42 00:03:19.520 --> 00:03:23.840 respect Leader Thun's desire not to negotiate on ACA until 43 00:03:23.879 --> 00:03:27.759 after the government reopens. Therefore, we'd like to offer a 44 00:03:27.879 --> 00:03:32.919 simple proposal that would reopen the government and extend the 45 00:03:32.960 --> 00:03:39.680 ACA premium tax credits simultaneously, and then have the opportunity 46 00:03:39.759 --> 00:03:44.439 to start negotiating longer term solutions to health care costs. 47 00:03:45.039 --> 00:03:47.080 Let's do all three. 48 00:03:47.319 --> 00:03:50.960 I've spoken with my caucus, and Democrats are offering a 49 00:03:51.159 --> 00:03:55.400 very simple compromise. Democrats are ready to clear the way 50 00:03:55.960 --> 00:03:59.000 to quickly pass a government funding bill that includes health 51 00:03:59.000 --> 00:04:03.680 care affordability. Leader Thun just needs to add a clean 52 00:04:04.000 --> 00:04:07.599 one year extension of the ACA tax credits to the 53 00:04:07.639 --> 00:04:12.080 CR so that we can immediately address rising healthcare costs. 54 00:04:12.919 --> 00:04:16.680 That's not a negotiation. It's an extension of current law, 55 00:04:17.319 --> 00:04:21.160 something we do all the time around here, as we 56 00:04:21.199 --> 00:04:25.600 all know. But we also offer this Let's create a 57 00:04:25.639 --> 00:04:31.000 bipartisan committee that will continue negotiations after the government reopens 58 00:04:31.040 --> 00:04:35.240 on reforms ahead of next year's enrollment period to provide 59 00:04:35.319 --> 00:04:39.480 long term certainty that healthcare costs will be more affordable. 60 00:04:40.480 --> 00:04:45.079 This proposal reopens the government and insures working families who 61 00:04:45.079 --> 00:04:48.360 are shopping right now for their healthcare, get certainty and 62 00:04:48.639 --> 00:04:55.480 financial relief. While open enrollment has begun, insurers can update 63 00:04:55.519 --> 00:04:58.959 their rates after we pass a simple extension of the 64 00:04:59.000 --> 00:05:04.120 tax credits. With this approach, we do not negotiate health 65 00:05:04.160 --> 00:05:07.680 care in the shutdown, as leaderthun has maintained he wishes, 66 00:05:08.160 --> 00:05:11.480 and the American people get the tax credit extension they want. 67 00:05:12.560 --> 00:05:15.839 That is what many of our Republican colleagues have floated 68 00:05:15.879 --> 00:05:18.800 over the last six weeks as a compromise, a one 69 00:05:18.879 --> 00:05:22.800 year tax credit extension and reforms to the credit. Beyond that. 70 00:05:24.040 --> 00:05:28.480 We will agree with the Republican Republican request not to 71 00:05:28.600 --> 00:05:33.639 start negotiations until after the government reopens. All Republicans have 72 00:05:33.720 --> 00:05:37.720 to do is say yes to extend current law for 73 00:05:37.800 --> 00:05:42.319 one year. It makes sense, and since what we're proposing 74 00:05:42.959 --> 00:05:46.879 is only a simple extension of current law, the Senate 75 00:05:46.920 --> 00:05:51.000 could do this within a few hours. This is a 76 00:05:51.040 --> 00:05:57.000 reasonable offer that reopens the government, deals with health care affordability, 77 00:05:57.560 --> 00:06:02.319 and begins a process of negotiating reforms to the ACA 78 00:06:02.480 --> 00:06:07.199 tax credits for the future. Now the ball is in 79 00:06:07.279 --> 00:06:13.040 the Republicans court. We need Republicans to just say yes. 80 00:06:14.000 --> 00:06:15.480 I yield to Senator Peters. 81 00:06:16.240 --> 00:06:18.199 So there you go. And by the way, I've got 82 00:06:18.800 --> 00:06:23.639 other Senators that earlier this afternoon that we're making it 83 00:06:23.759 --> 00:06:27.079 very clear this is a political game. It's such a 84 00:06:27.120 --> 00:06:31.279 political game. But what they don't care about, but I 85 00:06:31.360 --> 00:06:35.879 do as a taxpayer and as a health insurance byer, 86 00:06:36.000 --> 00:06:40.680 we all are, is that by the subsidies increase the 87 00:06:40.720 --> 00:06:45.399 cost of health insurance. And they know, They've got to 88 00:06:45.480 --> 00:06:48.240 know that. Some of them are, though I think maybe 89 00:06:48.240 --> 00:06:51.120 they're just not bright enough to figure that whole thing out. 90 00:06:52.000 --> 00:06:54.680 One guy that I've always been impressed with, a Democrat. 91 00:06:54.759 --> 00:07:01.720 He was a former head of DAH Jay Johnson in 92 00:07:01.759 --> 00:07:05.480 the Obama administration. He's a big Democrat. But listened to 93 00:07:05.519 --> 00:07:08.959 what he had to say earlier today, it's real pain 94 00:07:09.040 --> 00:07:12.000 for the American public. It's real pain for the federal workforce. 95 00:07:13.879 --> 00:07:16.600 Johnath and I ran a cabinet department of two hundred 96 00:07:16.600 --> 00:07:20.199 and thirty thousand people, and I feel an obligation to 97 00:07:20.199 --> 00:07:23.120 speak for them. They have no voice in this process. 98 00:07:23.240 --> 00:07:28.600 They are political footballs, essentially, and they're either furloughed, sent 99 00:07:28.680 --> 00:07:31.040 home without pay, or they're forced to work without pay. 100 00:07:31.680 --> 00:07:38.600 Dedicated to this country's aviation security, border security, cybersecurity, Maritimes security, 101 00:07:39.240 --> 00:07:43.000 and I will I will break ranks with my party 102 00:07:43.399 --> 00:07:46.079 to say this has got to stop. This is the 103 00:07:46.120 --> 00:07:50.639 longest government shut down in history, thirty eight days, and 104 00:07:51.199 --> 00:07:55.519 we need to get out of the business of leveraging 105 00:07:55.639 --> 00:08:01.480 one issue on the back of another. Otherwise going to 106 00:08:01.480 --> 00:08:03.560 become the new norm. When the Republicans are back in 107 00:08:03.639 --> 00:08:06.879 the minority, and they will be, they will say, well, 108 00:08:06.920 --> 00:08:09.399 you need sixty votes to reopen the government. Well, we 109 00:08:09.879 --> 00:08:14.120 want you to also address issue A, B, and C, 110 00:08:14.519 --> 00:08:20.680 and our democracy will spiral downward. And so at the 111 00:08:20.800 --> 00:08:22.839 very least, the Republican majority of A to allow us 112 00:08:22.839 --> 00:08:25.759 straight up and down vote on healthcare, but deal with 113 00:08:25.800 --> 00:08:29.920 these issues separately so that they rise or fall on 114 00:08:29.959 --> 00:08:32.679 their own merits. Don't leverage one issue on the back 115 00:08:32.720 --> 00:08:35.039 of the other. Otherwise we're going to end up with 116 00:08:35.159 --> 00:08:39.240 the dysfunctional government, which is what we have now. The 117 00:08:39.279 --> 00:08:43.159 obligation of Congress, first obligation of Congress is to keep 118 00:08:43.200 --> 00:08:45.919 the lights on from the government, and we are not 119 00:08:46.039 --> 00:08:47.759 doing that. This has got to stop. 120 00:08:47.919 --> 00:08:51.000 So he's a powerful guy and influential guy, well respected 121 00:08:51.000 --> 00:08:53.399 on both sides of the aisle, and I can't help 122 00:08:53.440 --> 00:08:57.480 but wonder he's basically breaking with the Democrats. He is 123 00:08:57.519 --> 00:09:02.559 a Democrat. Maybe help the Democrats come to some sort 124 00:09:02.600 --> 00:09:05.360 of offer that Schumer laid on the floor of the 125 00:09:05.399 --> 00:09:13.039 Senate late this afternoon. Chris Murphy is a senator from Connecticut. 126 00:09:13.440 --> 00:09:17.639 He's been making noise about wanting to run for president. 127 00:09:18.399 --> 00:09:23.080 And the more he acts like a hack, the more 128 00:09:23.120 --> 00:09:28.519 I think this guy doesn't have a prayer. He was 129 00:09:28.679 --> 00:09:33.120 with interviewed by punch Bowl News Service earlier today, and 130 00:09:34.120 --> 00:09:36.960 listen to him. He is totally a hack. This is 131 00:09:37.080 --> 00:09:39.919 all about. He doesn't care about if you're not going 132 00:09:39.960 --> 00:09:42.440 to be able to get to your Thanksgiving dinner with 133 00:09:42.519 --> 00:09:46.200 your family. He doesn't care about the problems with the 134 00:09:46.200 --> 00:09:50.000 people who aren't getting paychecks that are federal employees. All 135 00:09:50.080 --> 00:09:53.399 he wants is this is about getting a win for 136 00:09:53.480 --> 00:09:54.679 the Democrats. 137 00:09:55.360 --> 00:09:58.200 I think there will be some pretty substantial damage done 138 00:09:58.360 --> 00:10:03.559 to a Democratic brand that has been rehabilitated. If on 139 00:10:03.600 --> 00:10:06.799 the heels of an election in which the people told 140 00:10:06.879 --> 00:10:11.399 us to keep fighting, we immediately stop fighting, if we 141 00:10:12.360 --> 00:10:16.840 surrender without having gotten anything, and we cause a lot 142 00:10:16.840 --> 00:10:18.840 of folks in this country who had started to believe 143 00:10:18.840 --> 00:10:22.480 in the Democratic Party to retreat. And again, I worry 144 00:10:22.600 --> 00:10:26.080 that it will be hard to sort of get them 145 00:10:26.159 --> 00:10:30.399 back up off the mat in time for next fall's 146 00:10:30.519 --> 00:10:31.559 election cycle. 147 00:10:32.080 --> 00:10:34.559 Yeah, he knows that the Democrats had a big win 148 00:10:34.639 --> 00:10:36.759 on Tuesday, but that wasn't a message for them to 149 00:10:36.799 --> 00:10:40.039 continue to keep fighting and keep the government shut down. 150 00:10:40.080 --> 00:10:42.720 That they were voting for some candidates that were put 151 00:10:42.799 --> 00:10:46.919 before them. But Chris Murphy's worry about the Democrat brand, 152 00:10:47.759 --> 00:10:50.120 it might be damaged. And just when they got all 153 00:10:50.159 --> 00:10:53.720 excited about their win and then they cave on giving 154 00:10:53.759 --> 00:10:58.399 in to the Republicans, those evil Republicans. He's such a hack, 155 00:10:59.159 --> 00:11:04.000 such a hack. John Thune, the Senate Republican leader, this 156 00:11:04.080 --> 00:11:04.960 is his reaction. 157 00:11:05.120 --> 00:11:08.120 Now the Democrats just have to take yes for an answer. 158 00:11:08.799 --> 00:11:11.799 We've given them everything essentially that they were asking for, 159 00:11:11.840 --> 00:11:14.360 the reasonable Democrats, not the crazy ones like what you 160 00:11:14.519 --> 00:11:18.840 just heard. But they literally yesterday at their Democratic Caucus 161 00:11:18.919 --> 00:11:22.399 meeting in the Senate had a pep rally. I mean, 162 00:11:22.440 --> 00:11:27.360 they are celebrating this. It's insane. And what's happening is 163 00:11:27.440 --> 00:11:29.720 the far left, which is the tail wagging the dog, 164 00:11:30.240 --> 00:11:33.879 is bullying the reasonable Democrats out of coming to the table. 165 00:11:34.480 --> 00:11:36.879 We have a proposal that they have been reviewing and 166 00:11:36.919 --> 00:11:40.240 looking at now for several days, mostly with things that 167 00:11:40.279 --> 00:11:43.960 they asked for, including a normal appropriations process, we open 168 00:11:44.039 --> 00:11:46.960 up the government, they get a vote on their Obamacare fix, 169 00:11:47.159 --> 00:11:48.919 they want to sit down meet with the President on 170 00:11:48.960 --> 00:11:50.960 a path forward. He's more than willing to do that. 171 00:11:51.799 --> 00:11:55.559 All those things are in play, but they can't take 172 00:11:55.759 --> 00:11:59.120 yes for an answer for fear. I mean, these people 173 00:11:59.159 --> 00:12:02.960 are scared, spitless of their base, and that's what's happening. 174 00:12:03.039 --> 00:12:06.000 Yes Day was a bullying session. The far left and 175 00:12:06.039 --> 00:12:10.039 the Democrat Caucus bullied the reasonable ones out of coming 176 00:12:10.039 --> 00:12:12.639 to the table and settling this. I'm still hoping that 177 00:12:12.679 --> 00:12:14.360 these people are going to come to the table and 178 00:12:14.399 --> 00:12:15.759 we'll find out's in enough. 179 00:12:15.919 --> 00:12:17.840 So there's no doubt. I'm sure that you've heard that 180 00:12:18.080 --> 00:12:21.039 a lot of people accuse the Republicans in Congress of 181 00:12:21.080 --> 00:12:24.480 being afraid of President Trump. They don't want to make 182 00:12:24.559 --> 00:12:27.639 him mad. They otherwise they're going to get primary they'll 183 00:12:27.679 --> 00:12:32.879 lose their fat, cushy job. Well, this is you can 184 00:12:32.919 --> 00:12:35.279 believe that or not, it doesn't matter. This is going 185 00:12:35.279 --> 00:12:38.639 on on the Democrat side. They're afraid of the far left. 186 00:12:38.720 --> 00:12:42.879 AOC is going to go to primaryim they'll lose their fat, 187 00:12:42.919 --> 00:12:46.320 cushy jobs. So everybody's afraid of something. We don't have 188 00:12:47.000 --> 00:12:49.919 true representation. These are supposed to be the four hundred 189 00:12:49.960 --> 00:12:52.240 and thirty five members of the House one hundred members 190 00:12:52.240 --> 00:12:56.120 of the Senate are supposed to represent our voices, and 191 00:12:56.200 --> 00:13:01.600 they're just playing political games. And Jay Johnson's right. I mean, 192 00:13:01.639 --> 00:13:05.720 if they keep holding up the government because of one 193 00:13:05.799 --> 00:13:08.600 issue that they have a problem with, no sit down 194 00:13:08.639 --> 00:13:11.919 at the table, negotiated like Congress has done forever since 195 00:13:11.960 --> 00:13:15.600 the start of the country. So this is very, very frustrated. 196 00:13:16.000 --> 00:13:20.720 It's also damaging the economy. Kevin has, the head of 197 00:13:20.720 --> 00:13:24.159 the Director of the Director of the National Economic Council, 198 00:13:25.519 --> 00:13:26.480 laid it out this way. 199 00:13:26.720 --> 00:13:29.720 The impact on the economy is far worse than we 200 00:13:29.840 --> 00:13:33.039 expected because it's gone on for so long, and so 201 00:13:33.159 --> 00:13:35.399 they are now like gold minestments that it's over a 202 00:13:35.440 --> 00:13:38.440 percent or percent a half of GDP. I will say travel, 203 00:13:38.799 --> 00:13:41.759 travel at leisure is a place that's really being heavily 204 00:13:41.840 --> 00:13:44.240 hit right now. And if it continues to get hit, 205 00:13:44.919 --> 00:13:47.720 if the air travel thing goes south for another week 206 00:13:47.840 --> 00:13:51.000 or two, then you could say that they would have 207 00:13:51.000 --> 00:13:53.200 at least a near term, yeah. 208 00:13:53.039 --> 00:13:58.000 A new term disaster. By the way, Transportation Secretary Sean 209 00:13:58.039 --> 00:14:02.480 Duffy was also out speaking again today and said that 210 00:14:01.919 --> 00:14:06.320 they've already cut four percent of the flights and that 211 00:14:06.320 --> 00:14:09.120 that will get ramped up to ten percent by this 212 00:14:09.919 --> 00:14:13.399 by next Friday. And then he said, and if it 213 00:14:13.440 --> 00:14:16.399 continues past that, it could be twenty percent of the 214 00:14:16.440 --> 00:14:20.240 flights will be canceled. That's heading right into the Thanksgiving 215 00:14:20.480 --> 00:14:26.960 travel season. There, Well, let's go through some of this. 216 00:14:27.039 --> 00:14:29.919 Here's some of the travelers that were stopped by the 217 00:14:29.960 --> 00:14:31.399 media at the airport today. 218 00:14:31.799 --> 00:14:33.960 This is very tacky, but I hope some of those 219 00:14:34.000 --> 00:14:37.679 senators and Congressmans get stuck because they can't get somewhere, 220 00:14:37.720 --> 00:14:40.240 so they'll get there and figure this out and get 221 00:14:40.240 --> 00:14:40.840 it going again. 222 00:14:41.039 --> 00:14:45.600 He said, shut down, so you'd never know. So we 223 00:14:45.639 --> 00:14:49.840 are coming from Singapore. Imagine we have trap hearing the 224 00:14:49.840 --> 00:14:53.440 America from US. The first flight gets canceled, probably have 225 00:14:53.480 --> 00:14:54.279 to rent a car and. 226 00:14:56.000 --> 00:14:59.679 Drive, thought about driving the Arizonable. We change your mindn't all. 227 00:15:00.000 --> 00:15:00.679 We're gonna chance it. 228 00:15:00.919 --> 00:15:04.240 We're going to likely experience a big rush of folks 229 00:15:04.320 --> 00:15:06.559 coming in over the weekend, and you know, and then 230 00:15:06.720 --> 00:15:07.600 just general panic. 231 00:15:07.679 --> 00:15:09.159 I mean, people don't know what to expect. 232 00:15:09.240 --> 00:15:13.840 People who are working are obviously overworked and getting tired, 233 00:15:13.840 --> 00:15:17.360 and so that's nerve wracking a little bit. Yeah, it 234 00:15:17.440 --> 00:15:20.720 is nerve wracking. And this is all because of some 235 00:15:20.799 --> 00:15:23.639 political hacks that are playing political games. They don't care 236 00:15:23.679 --> 00:15:27.720 about you. I know, if you remember, I've always told 237 00:15:27.759 --> 00:15:30.639 you if you want to be an elected official, remember 238 00:15:30.679 --> 00:15:34.480 you always end every sentence with for the American people, 239 00:15:34.559 --> 00:15:38.519 which is totally bogus. It's for them and their power. 240 00:15:40.519 --> 00:15:46.000 Kevin Bailey, former FAA safety guy. It talks about that angle. 241 00:15:46.360 --> 00:15:48.360 This is going to be at the most a really 242 00:15:48.399 --> 00:15:52.600 big headache. I think the administration is being proactive, and 243 00:15:53.159 --> 00:15:55.360 you know, safety is not going to be the issue here. 244 00:15:55.360 --> 00:15:58.879 It's not an issue of safety. They're being very proactive. 245 00:15:59.240 --> 00:16:01.240 It's pretty much to be a big headache. I think 246 00:16:01.279 --> 00:16:04.600 four travelers, especially as we get into the really big 247 00:16:04.919 --> 00:16:08.440 travel rush towards the end of November. What I think 248 00:16:08.559 --> 00:16:13.240 they're gonna do is pretty much target the smaller airplane. 249 00:16:13.279 --> 00:16:15.519 So in other words, they're not cutting ten percent of 250 00:16:15.600 --> 00:16:19.039 the passengers, they're cutting ten percent of the operations. So 251 00:16:19.080 --> 00:16:22.320 they're going to probably target the smaller regional jets that 252 00:16:22.440 --> 00:16:26.320 maybe hohold twenty or thirty passengers, not a big seven 253 00:16:26.440 --> 00:16:30.519 sixty seven or seven seventy seven that's making connections. So 254 00:16:30.879 --> 00:16:34.080 I think if you're on a big airplane, you're pretty safe. 255 00:16:34.960 --> 00:16:36.879 But if you're like on a flight where they say 256 00:16:36.919 --> 00:16:38.799 you're going to Florida, they have ten flights per day, 257 00:16:39.240 --> 00:16:41.799 maybe they'll cut one or two, but it's going to 258 00:16:41.840 --> 00:16:43.840 be a headache, I think at the most. 259 00:16:44.120 --> 00:16:46.480 Okay, So that's a little bit heartening that it's not 260 00:16:46.559 --> 00:16:50.639 a safety issue, it's simply and he's the former FAA 261 00:16:50.720 --> 00:16:54.799 safety head. Yeah, this is where I again, I gotta 262 00:16:55.440 --> 00:16:57.360 pap myself on the back. I told you yesterday. They'll 263 00:16:57.360 --> 00:17:02.799 probably be cutting the smaller planes because a plane, any plane, 264 00:17:03.159 --> 00:17:08.359 doesn't matter, if it's a single engine cessing a propeller plane, 265 00:17:09.240 --> 00:17:12.960 it takes up one space or an airplane in the sky, 266 00:17:13.559 --> 00:17:16.480 and they can't have two airplanes in the same space. 267 00:17:16.680 --> 00:17:21.880 So if they can reduce the number of smaller planes 268 00:17:22.160 --> 00:17:26.519 that have maybe he said ten twenty passengers, it could 269 00:17:26.799 --> 00:17:30.119 some of them hold fifty to sixty seventy passengers, called 270 00:17:30.200 --> 00:17:36.079 regional jets. They will probably be cutting those first. And 271 00:17:36.319 --> 00:17:38.880 the way you can tell if you're booking a flight. 272 00:17:39.799 --> 00:17:43.079 If you're going into a small or medium sized airport, 273 00:17:43.079 --> 00:17:45.240 there's a better chance that you might be on a 274 00:17:45.279 --> 00:17:49.640 regional jet. If you're going into a major airport from 275 00:17:49.640 --> 00:17:56.000 a major city, you're probably on a legacy airline. For example, 276 00:17:56.119 --> 00:18:00.960 American Airlines, Delta, United, they all have companies that fly 277 00:18:01.279 --> 00:18:05.480 the regional flights they have. They have the American and 278 00:18:05.599 --> 00:18:10.559 Delta tail on them. But there if you look on 279 00:18:10.599 --> 00:18:15.000 your ticket or your reservation, it will say American Airlines 280 00:18:15.039 --> 00:18:19.799 flight one, two, three, four operated by and they'll have 281 00:18:19.880 --> 00:18:25.279 a Pinnacle Airlines, or there's another three or four regional carriers, 282 00:18:25.319 --> 00:18:29.440 but they they go under the flag of the major carrier. 283 00:18:30.079 --> 00:18:32.720 But that's where if you have a flight that is 284 00:18:33.079 --> 00:18:37.480 quote operated by and then fill in the blank, you're 285 00:18:37.480 --> 00:18:39.200 probably those are the ones that are probably going to 286 00:18:39.279 --> 00:18:41.440 get cut first. I love this guy. This guy is 287 00:18:41.480 --> 00:18:47.680 an air traffic controller from Denver, and he thinks I 288 00:18:47.680 --> 00:18:50.759 think he's dead on right, that this is all bogus. 289 00:18:50.960 --> 00:18:54.200 Whether I'm talking to you know, fifty planes in an hour, 290 00:18:54.440 --> 00:18:57.359 or I'm talking to you know, forty five planes in 291 00:18:57.400 --> 00:19:00.319 an hour, it's it's not much of a difference seeing 292 00:19:00.319 --> 00:19:01.200 it by ten percent. 293 00:19:01.720 --> 00:19:02.599 Is it's a joke. 294 00:19:02.720 --> 00:19:05.359 Like I said, it's just something that's being used by 295 00:19:05.359 --> 00:19:09.640 the administration to make the flying public feel the pain. 296 00:19:09.799 --> 00:19:12.640 Controllers are just being used as a pawn in this 297 00:19:13.119 --> 00:19:14.519 whole game of the shutdown. 298 00:19:14.920 --> 00:19:19.079 Yeah, so flying passagers are being used. It's all part 299 00:19:19.079 --> 00:19:21.559 of a game. And he's right. I mean, whether he's 300 00:19:21.599 --> 00:19:25.200 talking to forty five or fifty planes in an hour 301 00:19:25.319 --> 00:19:28.680 doesn't really make any difference to him. It doesn't change 302 00:19:28.720 --> 00:19:32.160 his workload. But the problem is you still need them 303 00:19:32.200 --> 00:19:35.839 to show up at work, and they are well, they're second. 304 00:19:35.839 --> 00:19:39.039 I believe a second paycheck was due today, so they've 305 00:19:39.079 --> 00:19:43.160 now missed two full paychecks, which I don't want to 306 00:19:43.200 --> 00:19:49.279 go down that ramp again. But I learned very early 307 00:19:49.359 --> 00:19:52.240 on in life that you should and it's hard when 308 00:19:52.279 --> 00:19:54.119 you're young and you don't make a lot of money, 309 00:19:54.319 --> 00:19:57.599 but you should have three to six months worth of 310 00:19:57.640 --> 00:20:02.720 living expenses tucked away somewhere that you can get your 311 00:20:02.759 --> 00:20:06.480 hands on it. Not on some five year CD, No, 312 00:20:06.720 --> 00:20:09.960 it should be something that you can reach out and use. 313 00:20:10.160 --> 00:20:12.000 And when I say three to six months worth of 314 00:20:12.000 --> 00:20:16.160 living expenses, I'm not talking about three to six months 315 00:20:16.200 --> 00:20:22.000 of what your your paycheck is but close what I'm 316 00:20:22.200 --> 00:20:24.680 then it takes time to build that up and put 317 00:20:24.720 --> 00:20:26.759 that in some place where you can get your hands 318 00:20:26.799 --> 00:20:30.559 on it, some interest bearing account, and that's your slush fund. 319 00:20:30.640 --> 00:20:35.519 That that's your emergency fund. And the way I always 320 00:20:35.519 --> 00:20:37.119 did it was you go through and you take a 321 00:20:37.119 --> 00:20:40.079 look at your expenses for the month, and you go, well, 322 00:20:40.519 --> 00:20:43.759 let's see there was the rent or the mortgage. A 323 00:20:43.839 --> 00:20:47.359 lot of people have a car payment. You can't. You 324 00:20:47.359 --> 00:20:49.680 can't have the roof over your head taken away. You 325 00:20:49.720 --> 00:20:55.319 can't have your car taken away by the repoman. But again, 326 00:20:55.480 --> 00:21:00.559 the bills that you pay through your groceries, those are 327 00:21:00.559 --> 00:21:04.039 the things that you should have that amount tucked aside. 328 00:21:04.079 --> 00:21:08.000 Three to six months worth, as far as going out 329 00:21:08.039 --> 00:21:12.440 to dinner, going to movies, having entertainment, having a good time, 330 00:21:12.599 --> 00:21:15.799 that's nice, But for an emergency fund, you don't need 331 00:21:15.839 --> 00:21:18.400 to count all that because if you're in an emergency, 332 00:21:18.400 --> 00:21:22.000 you're not going to be living the high life. So again, 333 00:21:22.319 --> 00:21:26.559 three to six months of the real minimum that you 334 00:21:26.799 --> 00:21:32.079 must have in order to meet your monthly obligations. But 335 00:21:32.160 --> 00:21:36.759 David Riley from Air Traffic Controller in Denver's right doesn't 336 00:21:36.759 --> 00:21:39.759 make this whole thing about cutting back ten percent doesn't 337 00:21:39.799 --> 00:21:47.079 make a change in his life. Speaking of airplanes, and 338 00:21:47.240 --> 00:21:49.039 TSB came out today and gave us a little bit 339 00:21:49.079 --> 00:21:53.640 more information about the crash of the ups MD eleven 340 00:21:53.720 --> 00:21:55.000 in Louisville the other day. 341 00:21:55.240 --> 00:21:59.680 Are we found multiple pieces of engine fan blades along 342 00:21:59.680 --> 00:22:02.720 with the main component of the engine of the number 343 00:22:02.799 --> 00:22:05.920 one engine, which is on the left side of the aircraft. 344 00:22:07.480 --> 00:22:10.160 We have transferred all of those to a secured location 345 00:22:10.279 --> 00:22:14.039 for further examination, and we'll be using that to further 346 00:22:14.119 --> 00:22:18.960 analyze any mechanical aspects. I brief the families of those 347 00:22:19.000 --> 00:22:23.039 who were on the ground. There were approximately fifty sixty people, 348 00:22:23.519 --> 00:22:27.039 and it's a tough situation. It's hard. Their main issue 349 00:22:27.039 --> 00:22:28.920 is where's my loved one, because right now no one's 350 00:22:28.960 --> 00:22:29.640 been identified. 351 00:22:30.000 --> 00:22:32.599 Yeah, the statistics on this are simply this. There were 352 00:22:33.359 --> 00:22:39.319 three crew members on this cargo jet. They're perished, but 353 00:22:39.400 --> 00:22:44.880 you've got a total of thirteen people that have died, 354 00:22:44.920 --> 00:22:47.559 so the rest of them are people that were in 355 00:22:47.599 --> 00:22:51.480 the industrial area off the end of the airport. There's 356 00:22:51.519 --> 00:22:56.480 still nine missing, so we've got a potential of twenty 357 00:22:56.559 --> 00:23:03.759 one people that perished in this jet. Crash. Again, it's 358 00:23:03.799 --> 00:23:06.799 not like a passenger jet. You've only got three members 359 00:23:06.880 --> 00:23:09.240 of there. But it went off the end of the 360 00:23:09.319 --> 00:23:13.319 runway and into this bunch of warehouses essentially, And there's 361 00:23:14.160 --> 00:23:18.920 employees that worked in those warehouses who were killed instantly 362 00:23:18.960 --> 00:23:23.640 as the jet came crashing in on them. So Thanksgiving 363 00:23:23.680 --> 00:23:26.640 isn't that far away. We're worried about the travel angle 364 00:23:26.759 --> 00:23:30.519 to it, but also the whole thing. Ever since Tuesday 365 00:23:30.599 --> 00:23:34.519 in the election and the Democrats swept the board, the 366 00:23:34.559 --> 00:23:36.880 Republicans are trying to lick their wounds that they're trying 367 00:23:36.920 --> 00:23:41.000 to figure out what happened, and a lot of people 368 00:23:41.640 --> 00:23:47.079 are saying that Joe Biden did not get a second 369 00:23:47.119 --> 00:23:53.039 term because the economy stupid, it's always the economy, and 370 00:23:53.119 --> 00:23:56.039 because of the fact that inflation was up over nine 371 00:23:56.119 --> 00:23:59.200 percent at one point during his four year term. They 372 00:23:59.359 --> 00:24:02.000 it came back down again, but at the same time 373 00:24:02.960 --> 00:24:11.599 it prices went up and inflation slowed down, but prices 374 00:24:11.640 --> 00:24:15.200 did not necessarily come down. And that's why a lot 375 00:24:15.240 --> 00:24:19.319 of people today are still looking at the bill that 376 00:24:19.359 --> 00:24:22.160 they get from the grocery when you check out with 377 00:24:22.240 --> 00:24:25.839 the cashier at the grocery store and going holy smokes, 378 00:24:25.440 --> 00:24:30.039 this is expensive. It's truly because and this is where 379 00:24:30.079 --> 00:24:33.640 everybody gets the description of inflation. It wasn't nine percent 380 00:24:34.119 --> 00:24:38.160 now it's at three percent, So therefore inflation is way down. No, 381 00:24:38.240 --> 00:24:42.640 it's not. It just is going up slower prices overall. 382 00:24:42.720 --> 00:24:45.400 Now there are some prices that went down, there are 383 00:24:45.480 --> 00:24:48.799 some prices that went way up, but the overall macro 384 00:24:49.200 --> 00:24:55.920 of inflation, the basket of inflation, prices never came down. 385 00:24:56.000 --> 00:25:00.319 We never had a minus sign. So that's that's why 386 00:25:00.319 --> 00:25:03.119 people are going, Man, it's expensive about there. And that 387 00:25:03.400 --> 00:25:07.559 was the number one reason it always is. People vote 388 00:25:07.559 --> 00:25:10.640 their pocketbook. And that's why Joe Biden got tossed out. 389 00:25:11.079 --> 00:25:13.599 And let's bring in Donald Trump because Donald Trump said 390 00:25:13.599 --> 00:25:16.759 that he would get prices down, and prices are not down, 391 00:25:16.799 --> 00:25:19.240 and I don't know how he can get them down. 392 00:25:19.960 --> 00:25:22.920 It's the same thing with the two ladies that won 393 00:25:23.000 --> 00:25:28.519 the governor's races in New Jersey and Virginia. They were 394 00:25:28.599 --> 00:25:30.759 also promising, where I vote for me, I'm going to 395 00:25:30.759 --> 00:25:34.160 get prices. I don't know how any governor, any president, 396 00:25:34.279 --> 00:25:37.880 any politician is going to be able to get prices down, 397 00:25:38.119 --> 00:25:41.480 other than in the case of the president. One thing 398 00:25:41.559 --> 00:25:45.880 he was excellent at in the first term was a deregulation. 399 00:25:46.759 --> 00:25:52.119 He's cut the cost of doing business, which therefore allowed 400 00:25:52.319 --> 00:25:56.279 businesses to lower their prices and or hire more people 401 00:25:56.319 --> 00:26:00.559