WEBVTT

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<v Speaker 1>Seven oh seven to fifty five ker C Detalk Station.

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<v Speaker 1>Brian Thomas, welcoming back to the fifty five KRC Morning Show.

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<v Speaker 1>Dave Williams from the Taxpayer Protection Alliance, looking out for

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<v Speaker 1>where government spending our money, usually in the worst possible

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<v Speaker 1>places and not minding the financial shop. Find them online

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<v Speaker 1>at Protecting Taxpayers dot org. Welcome back, Dave Williams. And

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<v Speaker 1>I'll let you know, like I've been letting my listeners

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<v Speaker 1>know this morning. Sorry for the repetition for those who

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<v Speaker 1>been listening all morning. I'm struggling with some really deep

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<v Speaker 1>long coughing issues, so I'll try to do my best

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<v Speaker 1>not to stumble. But if you hear me pause, it's

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<v Speaker 1>because I'm hitting the cough button. Welcome back, Dave Williams.

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<v Speaker 1>Always love having you on the show.

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<v Speaker 2>Brian, good morning. Sorry to hear you're a little bit

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<v Speaker 2>under the weather, and listen. I like to talk, so

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<v Speaker 2>don't worry about uh slack.

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<v Speaker 1>I always enjoy all conversations. David. Let us start off

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<v Speaker 1>with something that to me is, if not the most important,

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<v Speaker 1>got to be in the top two most important things,

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<v Speaker 1>shutting down and reeling in government spending. And I was

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<v Speaker 1>really excited about it. I think Elon Musk is just

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<v Speaker 1>a neat guy. He is goofy, he's weird, he's got

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<v Speaker 1>great ideas. He's obviously brilliant, way way way out of

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<v Speaker 1>the box and is thinking but demonstrably successful, brilliant, multi billionaire.

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<v Speaker 1>He knows how to cut government and looks like he's

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<v Speaker 1>going to have at least some sort of role, perhaps

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<v Speaker 1>a prominent role in doing that in the Trump administration. Now,

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<v Speaker 1>if you're a betting man, Dave, is it going to happen?

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<v Speaker 2>Wow? So much to unpack the Yeah, Elon Musk really

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<v Speaker 2>is a fascinating guy, right, Tesla SpaceX. I mean, so

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<v Speaker 2>many things that he has his hands in, and he's

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<v Speaker 2>the last month or two he's been talking about this

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<v Speaker 2>Department of Government Efficiency, really going through the federal government

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<v Speaker 2>looking for a raceful spending, redundant spending, duplicative, you name it.

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<v Speaker 2>And this really, you know, scratches the itch for me

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<v Speaker 2>when we talk about doing an audit of the federal government,

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<v Speaker 2>and that's what he's talking about, is an audit. I

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<v Speaker 2>remember back in the eighties we had the Grace Commission,

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<v Speaker 2>and this was a really comprehensive look at the federal government.

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<v Speaker 2>I mean, it was a long time ago, but it

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<v Speaker 2>really set the tone for auditing the government. And I think,

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<v Speaker 2>you know what, forty years later, now we can do

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<v Speaker 2>the same thing, but we have an advantage. Forty years later.

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<v Speaker 2>It's technology. We have ways of going inside the government now,

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<v Speaker 2>and I'm hoping and looking and finding a government waste

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<v Speaker 2>a lot easier than we did in the nineteen eighties.

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<v Speaker 2>And that's why I'm excited now, Brian, I'm not so

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<v Speaker 2>excited if you look at the history of Republicans when

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<v Speaker 2>it comes to spending.

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<v Speaker 1>Amen, Trump right there, go ahead, I'm gonna I'm calling

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<v Speaker 1>out Trump right now. It's one of the biggest criticisms

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<v Speaker 1>I had. I said, he has never been a deficit hawk.

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<v Speaker 1>The government spending went up under his administration. Our deficit

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<v Speaker 1>went up what five trillion under the Trump administration?

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<v Speaker 2>It did you know, and look at before COVID. You know,

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<v Speaker 2>the Democrats would have done nothing different during COVID. They

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<v Speaker 2>would have spent trillions upon trillions of dollars. But let's

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<v Speaker 2>look at what happened before COVID. When Trump was president,

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<v Speaker 2>we had a deficit of two point two trillion dollars

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<v Speaker 2>that's concerning. That's very concerning. So now he's coming back

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<v Speaker 2>in January, we're gonna have a House and a Senate

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<v Speaker 2>that's going to be controlled, right Republicans. This is their

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<v Speaker 2>opportunity to do something, some meaningful reform, whether a speaker

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<v Speaker 2>Mike Johnson or another speaker who comes in. It's time,

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<v Speaker 2>and it's I mean, it's pastime, as does me. Honest,

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<v Speaker 2>I mean we're talking. You know, interest on the debt

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<v Speaker 2>is eight hundred to nine hundred billion dollars. That's interest, Brian,

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<v Speaker 2>That's that's multiple government agencies put together, spending wise, and

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<v Speaker 2>that's why this needs to be addressed immediately. But Speaker

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<v Speaker 2>Johnson has an opportunity to do this. And again, you

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<v Speaker 2>know Trump has been talking about this. If you're gonna walk,

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<v Speaker 2>you know, if you're going to talk the talk, you

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<v Speaker 2>have to walk the walk in. But again, their track

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<v Speaker 2>record isn't great.

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<v Speaker 1>No, it's not because politicians have a difficult time saying no.

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<v Speaker 1>I mean they're worried about the next election even though

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<v Speaker 1>the first one. Then the ink isn't even dry on

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<v Speaker 1>Trump winning the other day, and you know they're already

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<v Speaker 1>thinking about two years from now and running again, and

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<v Speaker 1>to cut means you know, boiling it down to its

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<v Speaker 1>bottom line, pissing some people off. You're gonna have to

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<v Speaker 1>eradicate jobs in government, Dave, you been following this. The

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<v Speaker 1>biggest growth in jobs has been government jobs. It's been

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<v Speaker 1>nothing but expansion of government over decades, and it just

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<v Speaker 1>got worse over the past three hours, four years.

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<v Speaker 2>I'm glad you brought that up because these job numbers

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<v Speaker 2>where they say we've added three hundred thousand jobs, a

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<v Speaker 2>lot of them have been government jobs mean taxpayer funded jobs,

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<v Speaker 2>and a lot of people don't know that and they

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<v Speaker 2>think that, you know, it's really an illusion of these

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<v Speaker 2>jobs gains have been an illusion because they're really not.

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<v Speaker 2>When the government's adding that means you're subtracting from taxpayers. So,

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<v Speaker 2>you know, the economy is still it's the economy is struggling.

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<v Speaker 2>You know. The administration one to put a happy face

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<v Speaker 2>on it, and you know, they reduced interest rates and

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<v Speaker 2>did a lot of other things, but we're still in

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<v Speaker 2>a very weak and tenuous economy.

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<v Speaker 1>Well, and let's look at the nature of government jobs.

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<v Speaker 1>Unlike the private sector, government jobs live thrive and survive

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<v Speaker 1>on taking money from us out here trying to be

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<v Speaker 1>productive and support a basically a consumer consumption driven economy.

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<v Speaker 1>Government jobs don't create money. They merely confiscate money and

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<v Speaker 1>spend it on an administration and overhead and office space

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<v Speaker 1>and you know, fiddling around and issuing edicts and mandates

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<v Speaker 1>that further restrain our economic activity. It's just it is

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<v Speaker 1>a you know, it isn't a recipe for making money.

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<v Speaker 1>It's taking money out. Isn't that really the final analysis

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<v Speaker 1>how it boils down, Dave?

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<v Speaker 2>It really isn't. You know. The best example I can

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<v Speaker 2>give you is the United States Postal Service versus the

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<v Speaker 2>private sector when it comes to seasonal hiring. So everyone's

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<v Speaker 2>ramping up for Christmas and the holidays, you know, deliver packages,

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<v Speaker 2>deliver mail. Well, what the Postal Service does is they

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<v Speaker 2>have seasonal hiring like the private sector, but you have

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<v Speaker 2>the option of becoming full time after Christmas and after

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<v Speaker 2>the holidays, because the unions have negotiated this with the

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<v Speaker 2>Postal Service. Now, if you work for the private sector,

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<v Speaker 2>if it's UPS or Fedexio, no, we're just hiring you

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<v Speaker 2>until January and we are going to let you go

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<v Speaker 2>because it's seasonal. Hence the seasonal the Postal Service almost

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<v Speaker 2>guarantees that if you want a full time job after

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<v Speaker 2>your seasonal employment, you can have it. So there you

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<v Speaker 2>have the difference between the private sector and the public sector.

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<v Speaker 2>And when it comes to stupidity and really bad hiring

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<v Speaker 2>decisions and you know, economic decisions.

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<v Speaker 1>Yeah, and it's a wonder And I just I step

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<v Speaker 1>back and I stare at the US Postal Service. How

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<v Speaker 1>many years in a row have they lost billions of dollars?

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<v Speaker 1>This has been going on for as long as ey

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<v Speaker 1>as you have been have been talking, if not much longer.

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<v Speaker 2>Yeah, I had a lot more hair when they were

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<v Speaker 2>making money. You know. It's they've lost what one hundred

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<v Speaker 2>and more than one hundred billion dollars over the last

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<v Speaker 2>fifteen years. I mean, this is an entity that has

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<v Speaker 2>a monopoly on first class mail and they're blowing it.

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<v Speaker 2>I mean, I would love to have a monopoly in

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<v Speaker 2>any sort of business, and I guarantee you if I

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<v Speaker 2>had a monopoly, I'd be making money hand over fist.

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<v Speaker 2>But for some reason, the Postal Service, and we know

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<v Speaker 2>a lot of the reasons that the Postal Service just

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<v Speaker 2>can't do it.

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<v Speaker 1>Yeah, I hate this on them, and I know that

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<v Speaker 1>the post guy, that person that delivers my mail is

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<v Speaker 1>not the one that's to blame. It's the model, it's

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<v Speaker 1>the system, and it's the refusal of those in charge

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<v Speaker 1>to well crack down on it for reasons that escape me.

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<v Speaker 1>Protecting taxpayers dot orgs where you find Dave and the

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<v Speaker 1>Taxpayer Protection Alliance. Stick around, Dave. We're going to talk

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<v Speaker 1>about answering the question is the future looking brighter? Doing

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<v Speaker 1>a little tea Lea Forado with Dave at seven twenty

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<v Speaker 1>if afty five KCD talk station. Happy Friday to you.

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<v Speaker 1>Somebody's got to look out for our money, and someone

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<v Speaker 1>is protecting taxpayers dot org. Dave william and the Taxpayer

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<v Speaker 1>Protection Alliance. Dave's joined the program as he does about

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<v Speaker 1>once a month. And here's an interesting question. Is the

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<v Speaker 1>future looking brighter? Interesting sort of loaded question, Dave. I

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<v Speaker 1>guess it depends on which direction we're looking.

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<v Speaker 2>I think the future is looking brighter. Two examples, tax reform.

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<v Speaker 2>We have the tax cuts that are going to expire

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<v Speaker 2>at the end of twenty twenty five next year. This

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<v Speaker 2>was Trump's signature piece of legislation, right, I mean, this

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<v Speaker 2>gave the economy a shot in the arm. That it

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<v Speaker 2>desperately need. At the end of twenty seventeen and beginning

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<v Speaker 2>of twenty eighteen, companies sent out thousand dollars bonuses to people.

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<v Speaker 2>It really was a great time. You know, obviously a

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<v Speaker 2>year or so before COVID hit. But we have an

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<v Speaker 2>opportunity to extend the tax cuts to remain competitive around

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<v Speaker 2>the world, but to make sure that people's taxes are

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<v Speaker 2>still relatively low. Listen, there's a lot of work to do.

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<v Speaker 2>I'm not going to lie, but if these tax cuts

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<v Speaker 2>expired would be awful for the economy. We had the trifecta.

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<v Speaker 2>Now we have the House, the Senate, and the White House.

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<v Speaker 2>There is no excuse not to extend the tax cuts.

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<v Speaker 2>So that's where I'm really really excited about. And there's

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<v Speaker 2>a commitment, i think, from everyone in the Republican Party

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<v Speaker 2>to do that. There are differences in the Republican Party

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<v Speaker 2>some issues, but not when it comes to tax cuts. Energy. Wow,

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<v Speaker 2>this is going to be fascinating. Is he going to

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<v Speaker 2>restart the Keystone Xcel pipeline in January? That was Biden's

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<v Speaker 2>first thing that he did was shut it down when

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<v Speaker 2>he came into office. I would love for Trump for

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<v Speaker 2>that to be one of the first things that he does.

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<v Speaker 1>It is there still time to do that? That thing's

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<v Speaker 1>been flipped on and off more times than I care

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<v Speaker 1>to even remember over the past what eight ten years.

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<v Speaker 1>I mean, I've lost track on that day.

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<v Speaker 2>There absolutely is. And what's frustrating is if they if

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<v Speaker 2>Biden wouldn't have done this, that thing would be pumping

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<v Speaker 2>eight hundred thousand poles of oil into this country a day.

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<v Speaker 2>I mean, that's where we would be, and obviously gas

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<v Speaker 2>prices would be lower, but there'd be a lot more

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<v Speaker 2>jobs in that part of the country. And these are

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<v Speaker 2>good paying jobs, Brian, you know, one hundred thousand dollars jobs.

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<v Speaker 2>So it just it's all good for the economy when

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<v Speaker 2>we have more oil exploration and more oil coming into

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<v Speaker 2>this country. And really it's the green energy mandates, you know,

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<v Speaker 2>just getting rid of these mandates. Listen, if you want

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<v Speaker 2>to drive an electric vehicle, go for it. I don't care,

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<v Speaker 2>just don't use my money to do it. You know,

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<v Speaker 2>we're building all of what we're trying to build these

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<v Speaker 2>charger stations all across the country. I think three or

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<v Speaker 2>four have been built. But my bigger question is, Brian

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<v Speaker 2>can you imagine if they were taxpayer money building gas stations,

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<v Speaker 2>people would lose their minds. Yeah, rightly, so, I mean

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<v Speaker 2>rightly so listen, our money shouldn't be used to build

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<v Speaker 2>gas stations or charging stations. This is corporate welfare. This

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<v Speaker 2>should not be happening. So but again, I am very

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<v Speaker 2>optimistic about energy. Come next year, and you know what

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<v Speaker 2>we could see, will there be more nuclear plants? Where

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<v Speaker 2>we see nuclear plants being built. We have tech companies

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<v Speaker 2>that are now moving to nuclear and trying to open

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<v Speaker 2>nuclear plants because their data centers take so much energy

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<v Speaker 2>that they don't want to be a draw on the grid.

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<v Speaker 2>I mean, this is what the private sector is doing.

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<v Speaker 2>Is Trump and is Congress? Are they going to move

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<v Speaker 2>forward with this and say okay, it's time that we

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<v Speaker 2>move more towards nuclear.

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<v Speaker 1>Well, I have a strong gut reaction to that, and

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<v Speaker 1>the answer is yes. But note Dave that these tech companies,

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<v Speaker 1>the Googles, the Alphabet whatevers say they're gonna get these

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<v Speaker 1>modular reactors, and no one in the Biden Harris administration

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<v Speaker 1>reacts with the hell, no, you're not going to do

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<v Speaker 1>that three mile while and they actually kind of embraced it.

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<v Speaker 1>They didn't. They didn't say no. So if you're big

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<v Speaker 1>and powerful enough that you have enough money, I suppose

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<v Speaker 1>to donate money to campaigns and spend a billion dollars

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<v Speaker 1>starting to get Kamala Harris leged. And you're the one

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<v Speaker 1>that's going to get a nuclear power plant. But the

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<v Speaker 1>neighborhood next to the giant AI facility, sorry, sucks to

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<v Speaker 1>be you. You're gonna have to live off a windmill.

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<v Speaker 2>You know. You're absolutely right is that it can't be

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<v Speaker 2>just for these companies. There has to be a larger

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<v Speaker 2>deployment of this because it's gonna bring down our energy costs,

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<v Speaker 2>and that's what kills small business. You talk to any

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<v Speaker 2>small business, you know, it's the energy costs when you

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<v Speaker 2>have a spike and electricity cost that kills small business,

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<v Speaker 2>especially restaurants and the ones that use a lot of electricity.

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<v Speaker 2>So I agree with you one hundred percent. You can't

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<v Speaker 2>just favorite the you know, have favoritism towards the big guys.

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<v Speaker 2>It has to be spread all around the country.

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<v Speaker 1>And again reminding folks that these modular reactors one size

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<v Speaker 1>literally fits all. You get the plan, you know how

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<v Speaker 1>to do it. It's like putting legos together. Got one right here,

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<v Speaker 1>We're gonna put one over there, and it's gonna be

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<v Speaker 1>the same design, same principles. They're small, uh, And it's

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<v Speaker 1>just we don't have to build giant cooling towers and

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<v Speaker 1>have them next to massive water sources like the old days.

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<v Speaker 1>That's amazing what technology can do to bring us around

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<v Speaker 1>cheap energy. But Dave, I keep going back to the

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<v Speaker 1>fact the green folks, the globalists of the world do

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<v Speaker 1>not want us to have inexpensive energy because we're too

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<v Speaker 1>damned and successful with that and we're too damn consumptive

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<v Speaker 1>for their perceptive of perception of life.

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<v Speaker 2>Well, and they're kind of backed into a corner because

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<v Speaker 2>nuclear is a renewable energy, yeah, carbon free, it's really

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<v Speaker 2>the carbon free though. It really puts them in a

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<v Speaker 2>real awkward position, which I love that nuclear energy really

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<v Speaker 2>is the you know, the answer to a lot of

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<v Speaker 2>our energy needs at this point.

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<v Speaker 1>No doubt about it, and something that RFK Junior may

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<v Speaker 1>have something to do with more with Dave Williams coming

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<v Speaker 1>up next, what is the Pharmacy, Audit and Transparency Act

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<v Speaker 1>seven thirty one and fifty five kerc DE talk Station,

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<v Speaker 1>Brian Thomas a Dave Williams from the Taxpayer Protection Alliance.

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<v Speaker 1>All right, we answered the question or anticipated about Trump

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<v Speaker 1>reeling in government spending. Please do your guy, let that happen.

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<v Speaker 1>The future does appear to be looking brighter, at least

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<v Speaker 1>in so far as one thing energy policy across the board.

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<v Speaker 1>Energy policy is in our future, I think quite quite

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<v Speaker 1>promising along those lines. And moving over to something and

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<v Speaker 1>I said, Elon Musk or rather RFK Junior may have

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<v Speaker 1>something to do with it. What is the Pharmacy Audit

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<v Speaker 1>and Transparency Act, Dave.

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<v Speaker 2>Boy, This is a little bit complicated, but let's see

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<v Speaker 2>if we can get to this. And you know right

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<v Speaker 2>now the Department of in Human Services the FDA, a

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<v Speaker 2>lot of improvement is needed, especially in pricing of drugs.

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<v Speaker 2>And you have these pharmacy benefit managers who act as

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<v Speaker 2>middlemen between pharmacies and insurance companies. And it's really listen,

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<v Speaker 2>whenever a middleman is involved in anything, someone's taking something

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<v Speaker 2>off the top here.

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<v Speaker 1>Oh yeah, it's like pharmacy benefit managers.

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<v Speaker 2>Yeah. And what they're doing is they're negotiating between the

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<v Speaker 2>insurers and the pharmacies. So they say, okay, pharmacy, we're

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<v Speaker 2>gonna give you X amount for a drug. But then

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<v Speaker 2>they go to the insurers and they ask more. So

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<v Speaker 2>the pharmacy benefit managers are making money just being a

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<v Speaker 2>middleman and negotiating prices between insurance companies and UH and pharmacies.

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<v Speaker 2>And you know, you look in Ohio, Kentucky and Pennsylvania,

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<v Speaker 2>a lot of pharmacies are going out of business because

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<v Speaker 2>of the low reimbursements that they're getting for for the drugs.

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<v Speaker 1>Is there really truly a need for that middleman, Dave.

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<v Speaker 2>No, absolutely not. You know, this was created a number

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<v Speaker 2>of years ago of pharmacy benefit managers and they're not

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<v Speaker 2>benefeeing anybody. I mean, it's it's you know, healthcare. There's

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<v Speaker 2>no such thing as the free market in healthcare.

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<v Speaker 1>Right.

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<v Speaker 2>You go to the hospital, you have no idea what

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<v Speaker 2>that procedure costs. And you know, I heard the commercial

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<v Speaker 2>you had, you know, a couple of minutes ago. Yeah,

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<v Speaker 2>I mean it shows you that we need reform in

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<v Speaker 2>the healthcare system. You break an arm, how much does

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<v Speaker 2>that cost? How much are you being charged? How much

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<v Speaker 2>does that actually cost? We never know, And that's why

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<v Speaker 2>you need to look at this top to bottom, including

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<v Speaker 2>the costs of drugs and these pharmacy benefit managers.

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<v Speaker 1>Yeah, I've been hearing about pharmacy benefit managers now for

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<v Speaker 1>years and years, and I just I really don't understand.

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<v Speaker 1>We go back to modern technology. Maybe there was a

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<v Speaker 1>time back a while back, before you know, we communicated

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<v Speaker 1>with emails and had artificial intelligence and could do things

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<v Speaker 1>sort of very quickly and easily from a communications standpoint.

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<v Speaker 1>We're not in those days anymore. We've got all this technology.

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<v Speaker 1>It should be very easy for an insurance company to

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<v Speaker 1>work directly with the manufacturers to negotiate a price it's

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<v Speaker 1>best for their insurance, and everyone can be happy and

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<v Speaker 1>satisfied with it. But throwing that extra slice of bureaucracy in,

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<v Speaker 1>I mean just by saying that, you know it comes

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<v Speaker 1>at a significant cost.

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<v Speaker 2>Well, and look at the cause of the problems to

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<v Speaker 2>food and Drug administration. It takes twelve years at about

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<v Speaker 2>two billion dollars to bring a drug to market.

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<v Speaker 1>And unless it's unless it's a cod mRNA vaccine, which

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<v Speaker 1>which with complete immunity from any liability associated with the dangers,

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<v Speaker 1>then they'll they'll put that through in about five seconds.

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<v Speaker 2>Yeah, talk about operation Warps it for sure. Yeah, so again,

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<v Speaker 2>healthcare is a mess, and listen, I don't know if

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<v Speaker 2>one administration can unravel all the intricacies of the nonsense

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<v Speaker 2>that's happening. But you have to start somewhere, and you

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<v Speaker 2>know this is a This is a great place to

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<v Speaker 2>start with pharmacy benefit managers.

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<v Speaker 1>Agreed, Dave Williams. Again, get them online. It's protecting Taxpayers

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<v Speaker 1>dot org Taxpayer Protection Alliance. Until we talk again, keep

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<v Speaker 1>up the great work you're doing, Dave. I always appreciate

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<v Speaker 1>our conversations, and I know my listeners do as well.

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<v Speaker 2>Brian, feel better and have a great weekend.

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<v Speaker 1>Yeah, you do the same, man, appreciate that very much.

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<v Speaker 1>It's seven thirty five right now, I fifty five K

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<v Speaker 1>city talk station. Phone lines are open. We got some

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<v Speaker 1>time for the top of the art news to engage

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<v Speaker 1>in conversations, so feel free to give me your ring

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<v Speaker 1>five one, three, seven, four nine fifty five hundred eight

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<v Speaker 1>hundred eighty two three taco with pound five fifty if

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<v Speaker 1>you have an a T and T phone,