WEBVTT 1 00:00:12.439 --> 00:00:17.079 Wait for it, seven o six fifty five KERCID Talk Station, 2 00:00:17.239 --> 00:00:21.280 A very Happy Tuesday special. Tuesday, We've got Tim Rivers 3 00:00:21.359 --> 00:00:23.719 American Ghula Chronicles. We've had him on the program a 4 00:00:23.760 --> 00:00:25.399 couple of times. He'll be on at seven point forty 5 00:00:25.519 --> 00:00:27.920 now that Hunter Biden has been pardoned, because of course 6 00:00:27.920 --> 00:00:29.600 they were all just picking on him and had nothing 7 00:00:29.600 --> 00:00:32.240 to do with his criminal reality. How about the January 8 00:00:32.280 --> 00:00:34.560 sixth prisoners, what's in store for them? We got the 9 00:00:34.560 --> 00:00:38.920 inside scoop with bright Bart News political reporter Wendell Huza 10 00:00:38.960 --> 00:00:40.759 bow Is going to join us in an hour talk 11 00:00:40.759 --> 00:00:43.439 about guess Hunter Biden, and then Daniel Davis deep dive 12 00:00:43.520 --> 00:00:47.200 on Russia, Belarus, Georgia, and then my friends at OHC 13 00:00:47.359 --> 00:00:48.920 the Cancer Special. It's going to be talking about the 14 00:00:48.960 --> 00:00:51.880 blood cancers that'll happen at the end of the next hour. 15 00:00:51.920 --> 00:00:55.479 In the meantime, welcome back. Always a real distinct pleasure 16 00:00:55.520 --> 00:00:58.320 to have Men's Studio. Todd Zenz a recently pending op 17 00:00:58.439 --> 00:01:01.159 ed piece which appeared in the paper version of the 18 00:01:01.520 --> 00:01:05.359 cincinn Inquirer. He is a West Prices so Resident retired 19 00:01:06.120 --> 00:01:08.879 Inspector General the United States Department of Commerce. After thirty 20 00:01:08.879 --> 00:01:13.400 one years of conducting audits and investigations of federal officials, 21 00:01:14.120 --> 00:01:18.599 programs and operations. He remains a certified fraud examiner and 22 00:01:18.640 --> 00:01:21.519 he knows things financial clearly. Todd Zenz Are welcome back 23 00:01:21.560 --> 00:01:24.280 to the fifty five KRC Morning Show, tackling the problem 24 00:01:25.159 --> 00:01:29.760 of well City of Cincinnati finances, most notably the still 25 00:01:29.879 --> 00:01:33.239 ongoing and yet to ever be resolved pension problem. Welcome back, 26 00:01:33.319 --> 00:01:35.480 my friend. I love having you in studio. Thank you, Brian, 27 00:01:35.519 --> 00:01:38.640 good morning, and I certainly appreciate you taking the laboring 28 00:01:38.760 --> 00:01:41.879 or and staying up on what is really a very 29 00:01:42.079 --> 00:01:46.519 very challenging financial situation. You and I can talk all 30 00:01:46.599 --> 00:01:50.280 day long about the problems facing the City of Cincinnati. 31 00:01:50.359 --> 00:01:53.719 I mean we were talking off air, most notably about 32 00:01:53.760 --> 00:01:57.879 the backlog of just simple fundamental basic things like road 33 00:01:57.920 --> 00:02:01.519 repairs that mc up and get closer to it a 34 00:02:01.560 --> 00:02:07.959 little bit. It's just a simple core service, something that 35 00:02:08.120 --> 00:02:11.319 acts as a financial draw because people are inclined to 36 00:02:11.400 --> 00:02:15.199 want to move into cities with good infrastructure. You let 37 00:02:15.240 --> 00:02:17.400 your roads deteriorate over deckage. You went up with a 38 00:02:17.479 --> 00:02:20.479 four hundred million dollar backlog. They're supposed to do X 39 00:02:20.599 --> 00:02:22.840 number of millions of dollars of road repairs each year, 40 00:02:23.159 --> 00:02:25.400 and every year they kick the damn can down the road. Well, 41 00:02:25.960 --> 00:02:27.759 welcome to the pension program. 42 00:02:28.080 --> 00:02:30.919 That's exactly right, Brian. They're doing the same thing. They're 43 00:02:30.960 --> 00:02:33.879 kicking the can down the road. And even when they 44 00:02:33.960 --> 00:02:36.759 get surplus money like they did this year sixty five 45 00:02:36.800 --> 00:02:40.479 million dollars, instead of applying that to the pension liability, 46 00:02:40.560 --> 00:02:45.159 which is an eight hundred million dollars shortfall eight hundred million, 47 00:02:45.439 --> 00:02:48.479 they decide to put four million of that sixty five 48 00:02:48.560 --> 00:02:51.960 million towards the pension liability and they spend the rest. 49 00:02:52.479 --> 00:02:55.680 I think there's about five hundred thousand dollars left of 50 00:02:55.759 --> 00:02:59.280 that sixty five million that they haven't applied yet. 51 00:02:59.560 --> 00:03:01.599 And where does that money go off to. It's a 52 00:03:01.719 --> 00:03:04.919 random decision by the mayor that hey, I'm going to 53 00:03:05.000 --> 00:03:07.520 spend it over here. And I mean, this isn't the 54 00:03:07.680 --> 00:03:10.439 power of the purse resting in the hands of Congress 55 00:03:10.520 --> 00:03:14.039 type situation. With that money, it's like we've got a 56 00:03:14.599 --> 00:03:17.360 dictator who can just decide on his own terms where 57 00:03:17.400 --> 00:03:18.280 the money's going to be spent. 58 00:03:18.560 --> 00:03:20.680 Well, the way it was reported is that they broke 59 00:03:20.879 --> 00:03:23.879 they broke it down into three different buckets. The mayor 60 00:03:24.039 --> 00:03:28.560 got to recommend spending, the city council got to recommend spending, 61 00:03:29.159 --> 00:03:32.000 and the city manager got to recommend spending. But I 62 00:03:32.120 --> 00:03:34.520 must say that the money that the city manager spent 63 00:03:34.879 --> 00:03:38.240 all went towards not all, but most went towards public safety. 64 00:03:38.680 --> 00:03:42.439 The other things were all what we call pet projects. 65 00:03:42.560 --> 00:03:46.319 The mayor wanted to spend three hundred thousand dollars renovating 66 00:03:46.400 --> 00:03:48.319 City Hall and you know things like that. 67 00:03:48.560 --> 00:03:51.759 Real important stuff, very important, like the Bengals getting new 68 00:03:51.800 --> 00:03:54.159 locker rooms for the players. It in yours to everyone's 69 00:03:54.240 --> 00:03:57.120 benefit when that kind of thing happens, doesn't it. That's right, great, 70 00:03:57.280 --> 00:04:02.360 great expenditure, taxpayer dollars, they're per ball. So in order 71 00:04:02.560 --> 00:04:05.439 to tackle this challenge, which, as you point out in 72 00:04:05.520 --> 00:04:07.599 your op ed piece, and I applaud you for it, 73 00:04:07.719 --> 00:04:12.439 Cincinnat Council must attack pension liability more aggressively. The Cincinnati 74 00:04:12.879 --> 00:04:16.079 Futures Commission, now they remember when they rolled out the 75 00:04:16.160 --> 00:04:18.399 report all the things that the city needs to be 76 00:04:18.560 --> 00:04:20.480 doing or the things that they should be looking at 77 00:04:20.639 --> 00:04:25.040 by way of righting this ship. And weren't they the 78 00:04:25.160 --> 00:04:29.839 ones that said this was the most concerning threat facing 79 00:04:29.879 --> 00:04:31.800 the City of Cincinnati, or pension liability. 80 00:04:32.000 --> 00:04:34.680 Yeah, that's right, if you read the report. Unfortunately, this 81 00:04:34.879 --> 00:04:37.079 was towards the back of the report. The report's very 82 00:04:37.120 --> 00:04:39.879 difficult to read in the first place. But they identified 83 00:04:40.000 --> 00:04:43.759 three threats, they called them threats. The most concerning is 84 00:04:43.800 --> 00:04:47.680 the pension liability, And basically the issue is that eventually 85 00:04:47.720 --> 00:04:51.920 it's going to eat the general fund alive, that by 86 00:04:52.000 --> 00:04:55.000 the time we get down the road ten, fifteen, twenty years, 87 00:04:55.800 --> 00:04:58.839 the pension liability, if it's not fixed, is going to 88 00:04:58.920 --> 00:05:02.199 eat into the general fund to the point where we 89 00:05:02.319 --> 00:05:05.480 can't afford basic operations. In addition, they're going to be 90 00:05:05.720 --> 00:05:08.959 they're going to have to reduce benefits even more than 91 00:05:09.000 --> 00:05:09.839 they have already. 92 00:05:10.360 --> 00:05:13.959 Well, it can a parallel be drawn to our national 93 00:05:14.120 --> 00:05:16.680 debt of thirty seven trillion dollars, because more and more 94 00:05:16.680 --> 00:05:19.839 of that goes to debt service, eating into the rest 95 00:05:19.920 --> 00:05:23.199 of the revenue that's supposed to fund things like Social Security, Medicare, Medicaid, 96 00:05:23.199 --> 00:05:23.600 et cetera. 97 00:05:24.000 --> 00:05:26.920 Right, Well, we already borrow money to the point where 98 00:05:27.000 --> 00:05:29.959 we spend one hundred and forty million dollars a year 99 00:05:30.399 --> 00:05:35.680 servicing our debt on our bonds. So this debt is 100 00:05:35.839 --> 00:05:39.079 even beyond that. This eight hundred million dollars is even 101 00:05:39.160 --> 00:05:44.720 beyond that, and they're they're just contributing pennies to the 102 00:05:44.839 --> 00:05:47.360 thing every year compared to what is required to make 103 00:05:47.439 --> 00:05:48.240 it solvent. 104 00:05:48.199 --> 00:05:54.000 Pennies directed at the most concerning threat facing the city. 105 00:05:54.120 --> 00:05:59.639 Yeah, there's definitely a disconnected futures Commission. Their solution, the 106 00:05:59.720 --> 00:06:03.839 only solution they came up with was to take the 107 00:06:03.920 --> 00:06:06.639 pension fund and get it to a point. Right now, 108 00:06:06.720 --> 00:06:09.480 it's sixty eight percent funded. They want to get it 109 00:06:09.600 --> 00:06:13.319 up to eighty percent funded. And if they feel if 110 00:06:13.360 --> 00:06:17.560 they do that, they can negotiate with the Ohio Retirement 111 00:06:17.680 --> 00:06:23.800 System Public Employee Retirement System opers OPERS and therefore offload 112 00:06:24.480 --> 00:06:28.240 the pension fund to the state. Now, it's very complicated, 113 00:06:28.399 --> 00:06:31.199 very controversial, because you don't you don't know how the 114 00:06:31.279 --> 00:06:35.040 two plans compare at this point. But that's their only solution. 115 00:06:35.360 --> 00:06:37.959 And in order to do that, they want to raise 116 00:06:38.040 --> 00:06:40.800 four hundred million dollars three hundred and ninety million dollars 117 00:06:41.519 --> 00:06:45.480 to bring that pension fund up to eighty percent funded 118 00:06:46.000 --> 00:06:47.800 and well, and had that been. 119 00:06:47.800 --> 00:06:51.480 Paying into the pension fund on an appropriate level in 120 00:06:51.600 --> 00:06:54.600 the previous couple of decades, we wouldn't have this challenge 121 00:06:54.639 --> 00:06:56.639 to start with, and we wouldn't have to worry about 122 00:06:56.720 --> 00:06:59.000 unloading it on the rest of the Ohio tax payers. 123 00:06:59.160 --> 00:07:02.480 Right What's interesting is that right now the pension system 124 00:07:02.839 --> 00:07:08.439 is governed by a federal lawsuit settlement called the Collaborative 125 00:07:08.560 --> 00:07:12.879 Settlement Agreement from twenty fifteen, where the city agreed to 126 00:07:13.000 --> 00:07:16.240 bring the pension system to full funding one hundred percent 127 00:07:16.360 --> 00:07:19.720 funding by twenty forty five. They gave them thirty years 128 00:07:19.959 --> 00:07:24.040 to get there, and we already know, Brian, that they're 129 00:07:24.079 --> 00:07:26.959 not going to make it. They're not going to come 130 00:07:27.000 --> 00:07:27.720 anywhere close. 131 00:07:30.120 --> 00:07:33.160 It's a pre existing function of government. It's like, you know, 132 00:07:33.439 --> 00:07:35.439 you got X number of things that you gotta pay 133 00:07:35.519 --> 00:07:38.160 for every year and that pension is one of them. 134 00:07:38.680 --> 00:07:40.199 Just ignore the hell out of it. And then they 135 00:07:40.240 --> 00:07:42.040 have to go to federal court and enter into a 136 00:07:42.120 --> 00:07:45.120 settlement agreement that gives them an additional thirty plus years 137 00:07:45.160 --> 00:07:47.199 to get to write this ship. And yet they haven't 138 00:07:47.279 --> 00:07:50.639 lifted a finger in an effort to even comply with that. Yeah, 139 00:07:50.680 --> 00:07:53.319 they're not going to make it, and so are we 140 00:07:53.439 --> 00:07:55.199 governed by idiots? Is that what this comes down to, 141 00:07:55.319 --> 00:07:58.759 are they all just financial illiterates, or if I was 142 00:07:58.920 --> 00:08:02.600 under that pension pro I would be screaming bloody murder 143 00:08:02.800 --> 00:08:05.560 about this. What I mean, those who have to rely 144 00:08:05.759 --> 00:08:09.360 on this pension system. Where are they? Where's the revolt? Yeah? 145 00:08:09.920 --> 00:08:12.920 Might Well, that's where this collaborative settlement agreement came from 146 00:08:13.199 --> 00:08:16.560 twelve years ago, is that people got so upset like 147 00:08:16.680 --> 00:08:21.759 the ASSME union's individual retirement retirees. So that's where the 148 00:08:22.120 --> 00:08:25.360 collaborative settlement agreement came from in the first place. And 149 00:08:26.439 --> 00:08:30.560 based on the agreement, it looks like the people could 150 00:08:30.600 --> 00:08:33.480 come at them again for not complying or not living 151 00:08:33.559 --> 00:08:36.120 up to their agreement. They could probably reopen the thing. 152 00:08:36.279 --> 00:08:39.399 I would like to think so, so we'll see what happens. 153 00:08:39.559 --> 00:08:41.399 It's like, I don't know what the terms of conditions 154 00:08:41.399 --> 00:08:43.960 of the collaborative agreement are, but if you've been given 155 00:08:44.159 --> 00:08:46.240 X number of years, it seems to me there are 156 00:08:46.320 --> 00:08:51.120 probably certain benchmarks that you must accomplish along the way, 157 00:08:52.039 --> 00:08:54.440 because you can't just wait till the thirtieth year and 158 00:08:54.559 --> 00:08:56.919 then say, well, oh, that's right, we should have been 159 00:08:56.919 --> 00:08:58.960 painted to this pension thing because we were obligated to 160 00:08:59.039 --> 00:09:00.960 do it thirty five years yars ago or whatever. 161 00:09:01.639 --> 00:09:06.600 Yeah, the agreement doesn't really specify specific amounts that need 162 00:09:06.720 --> 00:09:06.879 to be. 163 00:09:07.840 --> 00:09:10.200 Well, there is a failure in terms of entering into 164 00:09:10.240 --> 00:09:10.720 the agreement. 165 00:09:10.879 --> 00:09:16.039 Yeah, but it does. It does allow certain things to 166 00:09:16.200 --> 00:09:20.360 reopen negotiations or reopen the settlement agreement, you know that 167 00:09:20.480 --> 00:09:24.879 the judge can approve. And this failure to be on 168 00:09:25.080 --> 00:09:27.919 track for one hundred percent by twenty forty five, I 169 00:09:28.000 --> 00:09:29.559 think falls into that category. 170 00:09:29.759 --> 00:09:32.159 I would make that argument. It seems like a winner. 171 00:09:32.799 --> 00:09:34.360 I'm not going to call it a no brainer, given 172 00:09:34.399 --> 00:09:35.600 the complexity of the situation. 173 00:09:36.080 --> 00:09:38.840 But I think the reason that this happens is I 174 00:09:38.919 --> 00:09:41.960 don't know that their financial illiterates. I think that's probably 175 00:09:42.039 --> 00:09:44.600 part of it. But I think they just spend money 176 00:09:45.200 --> 00:09:48.919 on their constituents. They spend all these these things on 177 00:09:49.000 --> 00:09:49.960 their constituents. 178 00:09:50.519 --> 00:09:52.559 But aren't the pensioners their constituents. 179 00:09:52.919 --> 00:09:55.399 Yeah, but that's a that's a smaller number, I think. 180 00:09:55.559 --> 00:09:58.799 But screw them, they're retired, basically, isn't that the attitude? 181 00:09:59.440 --> 00:10:02.320 Well, let's just look at the last few weeks. 182 00:10:02.360 --> 00:10:04.559 All right, let's pause on that note. We have a 183 00:10:04.679 --> 00:10:08.120 nice foray or entry to start off hitting the ground running. 184 00:10:08.159 --> 00:10:10.440 When we bring back, Todd Zenzer again check out the 185 00:10:10.519 --> 00:10:13.480 op ed piece, since any council must attack pension liability 186 00:10:13.600 --> 00:10:16.960 more aggressively. Actually, I think I would have been a 187 00:10:17.000 --> 00:10:20.759 little more aggressive in the wording of the op ed piece, Todd, 188 00:10:21.720 --> 00:10:23.759 stick around you right back after I mentioned plump tye plumbing. 189 00:10:23.759 --> 00:10:25.960 It's always plumbing done right confidently. Call my friends at 190 00:10:26.000 --> 00:10:28.320 plumb Tight. They do great work. And thanks you to 191 00:10:28.360 --> 00:10:31.120 all the listeners who have relied on my recommendation to 192 00:10:31.240 --> 00:10:33.320 use plumb type plumbing. I got a lot of emails, 193 00:10:34.240 --> 00:10:38.639 very satisfied, happy customers, and they're just backing up what 194 00:10:38.679 --> 00:10:39.960 I've been telling you. That's why they have an A 195 00:10:40.039 --> 00:10:42.080 plus the Better business fear. Their mission is to provide 196 00:10:42.120 --> 00:10:45.559 you with a good, truly exceptional plumbing experience. They get 197 00:10:45.639 --> 00:10:49.840 that by delivering you the highest quality products, services, and 198 00:10:49.960 --> 00:10:53.039 of course customer relations in the entire industry, all at 199 00:10:53.039 --> 00:10:56.039 affordable prices. Yes, they do all of that. So whatever 200 00:10:56.120 --> 00:10:58.519 kind of plumbing project you've got, if it's residential plumbing 201 00:10:58.519 --> 00:11:00.240 from northern Kentucky all the way up to eight and 202 00:11:00.360 --> 00:11:03.159 everywhere in between, call my friends at Plumtight. They live 203 00:11:03.240 --> 00:11:06.639 by the motto plumbing done right, Never sun you anything 204 00:11:06.679 --> 00:11:09.080 you do not need, keeping great, keeping up the speed 205 00:11:09.159 --> 00:11:11.600 on communications, letting you know when they're on their way. 206 00:11:11.799 --> 00:11:15.440 I really do love that little tiny extra bit because 207 00:11:15.480 --> 00:11:17.080 I don't want to sit around looking at my watch 208 00:11:17.200 --> 00:11:19.519 wondering where someone is. You get the phone call, listen, 209 00:11:19.639 --> 00:11:22.600 my GPS says I'm out, fifteen minutes out. I'll see 210 00:11:22.600 --> 00:11:26.080 you shortly. Just real, just nice little extra park and 211 00:11:26.240 --> 00:11:29.159 twenty four hour days, seven day week, emergency services available. 212 00:11:29.320 --> 00:11:31.879 They are there for you. If your chandelier starts raining, 213 00:11:33.519 --> 00:11:37.559 never forget that day. Plumtight dot com, plumtighttit dot com 214 00:11:37.639 --> 00:11:40.039 five one three seven two seven eighty four eighty three 215 00:11:40.120 --> 00:11:41.840 five and three seven two seven tight. 216 00:11:43.200 --> 00:11:48.919 This is fifty five KRC an iHeartRadio station. Here. 217 00:11:48.960 --> 00:11:51.519 It is nine first one to Wether forecasts partly cloudy 218 00:11:51.519 --> 00:11:53.639 started that day, it'll be mostly sunny later. I have 219 00:11:53.799 --> 00:11:55.679 thirty four over night down to twenty three of a 220 00:11:55.679 --> 00:11:58.679 few clowns Tomorrow for listener lunch, mostly clotty. It'll be windy, 221 00:11:58.720 --> 00:12:01.759 but I high have forty two wintery snow mixed kind 222 00:12:01.799 --> 00:12:03.720 of thing going on over night down to twenty degrees. 223 00:12:03.759 --> 00:12:05.320 And on Thursday it's going to be a sunny day 224 00:12:05.320 --> 00:12:07.879 with a high of twenty seven twenty one degrees. Right 225 00:12:07.879 --> 00:12:11.000 now traffic time. Chuck from the UC Traffic Center. 226 00:12:11.039 --> 00:12:14.639 You see how weight Ball Center offers comprehensive obesity care 227 00:12:14.720 --> 00:12:18.440 and advanced sergeic co expertise called five one three, nine three, 228 00:12:18.559 --> 00:12:21.279 nine two two sixty three. That's nine three, nine twenty 229 00:12:21.360 --> 00:12:23.799 two sixty three. Crews continue to work with a couple 230 00:12:23.840 --> 00:12:26.440 of wrecks set bound seventy five at Hoppel and the 231 00:12:26.519 --> 00:12:30.600 Western Hills Viaduct. Traffic backs to seventy four. King is 232 00:12:30.639 --> 00:12:33.200 shut down between Reading and Burnet due to a wreck 233 00:12:33.240 --> 00:12:37.360 at Harvey Chuck Ingram on fifty five krs the talk station. 234 00:12:39.159 --> 00:12:41.799 Seven twenty and Happy Tuesday to you. Brian Thomas in 235 00:12:41.919 --> 00:12:46.399 studio with Todd Zenzer. He knows his stuff when it 236 00:12:46.480 --> 00:12:50.279 comes to audits and things financial of us A Department 237 00:12:50.360 --> 00:12:53.720 of Commerce. Thirty one years as the Inspector General, he 238 00:12:53.799 --> 00:12:56.559 still remains a certified fraud examiner, And basically it sounds 239 00:12:56.600 --> 00:12:57.960 to me like what we're dealing with is a bunch 240 00:12:57.960 --> 00:13:01.320 of financial fraud or at least massive in competence on 241 00:13:01.399 --> 00:13:05.519 the part of the City of Cincinnati. Pension liability outstanding 242 00:13:05.879 --> 00:13:10.440 total in the whole six hundred and eighty million dollars, right, 243 00:13:10.559 --> 00:13:11.039 something like that. 244 00:13:11.960 --> 00:13:14.600 Actually, the pension liability is up over eight hundred million. 245 00:13:14.799 --> 00:13:18.000 Oh oh, here, I am misplacing a couple one hundred 246 00:13:18.000 --> 00:13:20.200 million dollars. But that's what the City of Cincinnati does. 247 00:13:20.399 --> 00:13:22.679 You're getting ready to walk in through some extraditional points 248 00:13:22.720 --> 00:13:24.279 on this. We took a break, Todd, So let's talk 249 00:13:24.320 --> 00:13:26.600 about it because you and I were engaging in this 250 00:13:26.879 --> 00:13:29.279 discussion on the break. And in spite of the fact 251 00:13:29.320 --> 00:13:32.399 that the pension is just woefully underfunded and it is 252 00:13:32.679 --> 00:13:39.879 under the subject matter of a federal settlement agreement, that's right, 253 00:13:40.559 --> 00:13:43.759 and we're not compliance, apparently they still ignore it. 254 00:13:44.600 --> 00:13:47.039 Well, they are ignoring it. That's that's the issue. They're 255 00:13:47.080 --> 00:13:50.080 continuing to kick kick the problem down the road. You know, 256 00:13:50.159 --> 00:13:53.080 they just spent sixty five million dollars of the surplus. 257 00:13:53.759 --> 00:13:57.120 So but over the last three weeks they've come in 258 00:13:57.320 --> 00:13:59.919 for a proposal of three hundred and twenty five thousand 259 00:14:00.080 --> 00:14:04.000 dollars for a program a base in California. It's probably 260 00:14:04.039 --> 00:14:07.399 got probably got a handful of cities that are participating 261 00:14:08.080 --> 00:14:12.759 for to try to attack youth violence, youth gun violence 262 00:14:13.480 --> 00:14:18.320 and the idea is to actually pay certain youth to. 263 00:14:18.399 --> 00:14:20.159 Not commit run to behave that's right. 264 00:14:20.639 --> 00:14:22.879 So that's three three, that's three hundred and twenty five 265 00:14:22.960 --> 00:14:24.120 thousand dollars. 266 00:14:24.279 --> 00:14:27.120 It's just an insane societal regression. 267 00:14:27.440 --> 00:14:31.559 And then we've got half a million dollars that the 268 00:14:31.639 --> 00:14:34.960 city council wants to spend on mental health, a mental 269 00:14:35.039 --> 00:14:40.080 health program for transgender youth. They've got, uh there was 270 00:14:40.240 --> 00:14:42.639 the Vice mayor was on the radio just the other 271 00:14:42.759 --> 00:14:47.279 day about historic preservation of North Avondale and she's suggesting 272 00:14:47.360 --> 00:14:50.240 that the city council can pay for stained glass windows 273 00:14:50.320 --> 00:14:55.440 for homes in North Assondale. I mean, it's it's you're 274 00:14:55.480 --> 00:14:57.639 making this up. I'm not making that up. No, I 275 00:14:57.759 --> 00:15:03.360 heard it myself. So the idea is that there's a 276 00:15:03.440 --> 00:15:04.759 lot of things to spend money on. 277 00:15:05.000 --> 00:15:08.360 That silence was me just in a state of absolute disbelief. 278 00:15:08.399 --> 00:15:09.200 I apologize. 279 00:15:09.360 --> 00:15:12.559 There's a lot of worthwhile things to spend money on. 280 00:15:13.559 --> 00:15:17.440 It's never ending. But the point is that dispension liability 281 00:15:17.799 --> 00:15:20.279 is a threat to the city and they're not doing 282 00:15:20.320 --> 00:15:20.919 anything about it. 283 00:15:22.080 --> 00:15:24.440 Well, and you just mentioned I'm not having to go 284 00:15:24.519 --> 00:15:27.440 with transgender youth and their mental challenges. I can certainly 285 00:15:27.440 --> 00:15:30.200 acknowledge that they probably do. But I just got done 286 00:15:30.240 --> 00:15:34.320 going through the Congressional the summary of the COVID nineteen 287 00:15:35.200 --> 00:15:38.159 Select Subcommittee Report, and it talked about one of the 288 00:15:38.600 --> 00:15:42.159 consequences of the lockdowns and the lack of education was 289 00:15:42.240 --> 00:15:47.440 a fifty one percent increase in girls twelve to seventeen 290 00:15:47.519 --> 00:15:52.480 committing suicide. Wow. Yeah, you know, that is a broad 291 00:15:53.240 --> 00:15:57.240 much broader than the challenges of the transgender youth, which 292 00:15:57.279 --> 00:16:00.480 don't make up a sizable chunk of the population. That 293 00:16:00.679 --> 00:16:03.919 challenge in and of itself alone sounds like a more 294 00:16:04.200 --> 00:16:06.399 justifiable thing to try to take a stab at. 295 00:16:06.519 --> 00:16:09.039 But you know, this is the city of Cincinnati. How 296 00:16:09.399 --> 00:16:11.240 what are they supposed to What do they think they 297 00:16:11.279 --> 00:16:14.440 could possibly do? Yeah, like four million dollars a year 298 00:16:14.519 --> 00:16:17.080 to the Green Cincinnati Plan. It's like, is that really? 299 00:16:17.240 --> 00:16:19.639 Is that really gonna do anything for the environment? 300 00:16:19.799 --> 00:16:24.039 Absolutely not, absolutely not, But they keep spending. They just 301 00:16:24.480 --> 00:16:27.879 dedicated what is it, five hundred thousand dollars for a 302 00:16:28.000 --> 00:16:28.840 green bank. 303 00:16:29.240 --> 00:16:30.840 And that's the hell's a green bank. 304 00:16:31.000 --> 00:16:34.080 The green bank is another kind of quasi agency that 305 00:16:34.200 --> 00:16:36.320 the city's going to set up in order to be 306 00:16:36.399 --> 00:16:41.320 a clearing house for money devoted to climate change. 307 00:16:41.519 --> 00:16:44.639 Okay, and everyone who might think that's a great idea. 308 00:16:45.200 --> 00:16:51.279 Again to the Wall Street Journal Bjorn Lombourg's op ed piece, 309 00:16:51.399 --> 00:16:56.759 climate change colonialism keeps poor countries impoverished. And his point 310 00:16:56.960 --> 00:17:00.440 is a brilliant one. You know, if you even want 311 00:17:00.480 --> 00:17:03.120 to look at the weather related deaths that have gone on, 312 00:17:03.360 --> 00:17:05.599 even if you want to draw a parallel between climate 313 00:17:05.720 --> 00:17:09.400 change and weather. Extreme weather took an average of nine 314 00:17:09.559 --> 00:17:15.440 thousand lives each year over the past decade globally. Yet 315 00:17:15.480 --> 00:17:18.759 they are spending literally billions of billions of dollars in 316 00:17:18.920 --> 00:17:23.240 programs that do absolutely nothing for the impoverished countries that 317 00:17:23.359 --> 00:17:27.720 they claim their saving through their green projects. This is 318 00:17:27.759 --> 00:17:30.680 a global level talks here. Now we're moving down to 319 00:17:30.720 --> 00:17:34.880 the Cincinnati City area level, as if what our carbon 320 00:17:34.920 --> 00:17:38.119 emissions are collectively in the city have anything to do 321 00:17:38.400 --> 00:17:39.319 with anything. 322 00:17:39.799 --> 00:17:40.240 That's right. 323 00:17:40.920 --> 00:17:42.880 I agree with you, Brian toddszens aer hold On. We're 324 00:17:42.880 --> 00:17:46.319 going to continue this conversation one more segment. First, the 325 00:17:46.440 --> 00:17:48.599 word for my great friends at Fast and pro Roofing 326 00:17:48.680 --> 00:17:52.240 outstanding folks. They are. They cannot be beaten in terms 327 00:17:52.240 --> 00:17:54.000 of the beautiful work that they do. Fast and Pro 328 00:17:54.119 --> 00:17:56.920 Roofing known for the excellence and quality of their work. 329 00:17:57.319 --> 00:18:01.000 It is truly superior. But before the work comes the 330 00:18:01.039 --> 00:18:03.319 free roof inspection. And that's where you got to worry. 331 00:18:03.319 --> 00:18:04.960 If you're working with some of the roofing company, I 332 00:18:05.000 --> 00:18:07.039 doubt you're going to get better quality roofing work. But 333 00:18:07.160 --> 00:18:09.519 in the bottom line is you're probably going to get 334 00:18:09.559 --> 00:18:12.119 ripped off because there's so many ripoff artists in the 335 00:18:12.200 --> 00:18:14.720 roofing business. They want to sell you something. They're going 336 00:18:14.799 --> 00:18:16.680 to say something you don't know anything about getting on 337 00:18:16.839 --> 00:18:19.519 roofs and looking for things that are wrong or problematic. 338 00:18:20.519 --> 00:18:22.039 They do that, and they come down they tell you 339 00:18:22.119 --> 00:18:23.759 got it to get a new roof. Well maybe not. 340 00:18:24.599 --> 00:18:26.519 Fast and Pro will never try to sell you anything 341 00:18:26.599 --> 00:18:28.680 you do not need. Your roof's in okay shape. They'll 342 00:18:28.680 --> 00:18:30.440 come down to say, hey, it's an okay shape. Call 343 00:18:30.480 --> 00:18:32.160 me in a couple of years. Because you at least 344 00:18:32.200 --> 00:18:34.079 got what it looks like that much life less and 345 00:18:34.240 --> 00:18:37.400 left in it. That's a valuable, valuable piece of advice 346 00:18:37.440 --> 00:18:40.279 you're going to get. And of course Fast and Pro 347 00:18:40.440 --> 00:18:42.720 move on their way and go do another inspection elsewhere. 348 00:18:43.039 --> 00:18:45.200 Tell Eric I said, hi, if he comes over and 349 00:18:45.279 --> 00:18:47.880 does your roof inspection. My daughter's fiance. I'm so happy 350 00:18:47.920 --> 00:18:49.720 to say that he's been with fast and Pro for 351 00:18:49.759 --> 00:18:51.079 a number of years now and he's been in the 352 00:18:51.160 --> 00:18:53.960 roofing business i think since high school. Good kid. Well 353 00:18:54.039 --> 00:18:55.920 it's not a kid, but you get the idea. One 354 00:18:55.920 --> 00:18:58.400 of the wonderful employees at fast and Pro, Ryan and 355 00:18:58.400 --> 00:19:02.559 Amanda have hired only the fire finessed in roofing contractors, 356 00:19:02.680 --> 00:19:05.559 or rather roofing employees. That's why they enjoy a plus 357 00:19:05.599 --> 00:19:07.599 with a better business beer. You get the automatic upgrade 358 00:19:07.599 --> 00:19:10.680 to the certainty Landmark Pro fifty years shingle, so don't 359 00:19:10.720 --> 00:19:12.519 worry about making a choice about going with a twenty 360 00:19:12.599 --> 00:19:15.720 five year shingle. That's a freebee on them. The upgrade 361 00:19:16.160 --> 00:19:18.319 metal roof. If you want to sub out the swap 362 00:19:18.400 --> 00:19:20.400 out the shingle for a metal, they'll do that for you. 363 00:19:20.519 --> 00:19:24.319 They do custom metal work like copper work around bay 364 00:19:24.400 --> 00:19:26.559 windows and that kind of thing. Literally everything, plus a 365 00:19:26.640 --> 00:19:29.599 lot of exterior projects. So check them out online. The 366 00:19:29.599 --> 00:19:31.680 beauty of their work will unfold as you go to 367 00:19:31.759 --> 00:19:36.240 the website Fastenpro Roofing dot com faste and Fastenproroofing dot com. 368 00:19:36.759 --> 00:19:38.079 Tell the folks, I said hi, when you give a 369 00:19:38.160 --> 00:19:41.079 call for that free honest inspection five to one three 370 00:19:41.200 --> 00:19:43.559 seven seven four ninety four ninety five, five to one 371 00:19:43.640 --> 00:19:48.240 three seven seven four ninety four ninety five fifty five 372 00:19:48.599 --> 00:19:50.440 car the talk station. 373 00:19:50.759 --> 00:19:54.680 In today's Marketers report, here's. 374 00:19:54.480 --> 00:19:57.559 Your Channel nine first warning weather forecast. Partly cloudie started 375 00:19:57.599 --> 00:19:59.200 to day with most to send us guys at some 376 00:19:59.279 --> 00:20:01.160 point later thirty four for the high, end of twenty 377 00:20:01.160 --> 00:20:04.440 three overnight with a few clouds, windy and cloudy tomorrow 378 00:20:04.519 --> 00:20:08.640 for listener lunch raycial chili forty two degrees mix the 379 00:20:08.720 --> 00:20:12.720 snow and uh kind of wintery mix overnight twenty for 380 00:20:12.799 --> 00:20:14.440 the low, and then on Thursday we're going to see 381 00:20:14.440 --> 00:20:17.000 a high of twenty seven with sunny skies. Right now 382 00:20:17.039 --> 00:20:17.799 it's twenty one degrees. 383 00:20:17.799 --> 00:20:21.480 In type of traffic from the Ucum Tramping Center, you 384 00:20:21.599 --> 00:20:25.759 see health Weight Ball Center offers comprehensive obesity care and 385 00:20:26.119 --> 00:20:30.039 advanced surgical expertise called five one three nine three nine 386 00:20:30.119 --> 00:20:32.559 two two sixty three. That's nine three nine two two 387 00:20:33.119 --> 00:20:37.039 six three step found seventy five slows out of Lachland, 388 00:20:37.160 --> 00:20:40.519 then very heavy from seventy four to two accidents. One 389 00:20:40.599 --> 00:20:42.720 at Hoppel, one at the Western It is via the 390 00:20:43.039 --> 00:20:45.839 King is blocked up between Ready and Burnett due to 391 00:20:45.920 --> 00:20:48.880 a wreck. Chuck Ingram on fifty five KRC the talk 392 00:20:48.960 --> 00:20:53.279 station seven thirty fifty five KRC DE talk station. We 393 00:20:53.319 --> 00:20:57.920 can talk to him for hours. Todd's Enzer former Inspector 394 00:20:58.000 --> 00:21:00.079 Jenner of the Oast Department of Commerce. You know, is 395 00:21:00.119 --> 00:21:02.599 what he's talking about when it comes to fraud examinations. 396 00:21:02.640 --> 00:21:04.279 He also knows what he's talking about when it comes 397 00:21:04.279 --> 00:21:07.200 to budge. It comes to allocating and properly budgeting. The 398 00:21:07.279 --> 00:21:10.240 City of Cincinnati well, as revealed this morning in the 399 00:21:10.279 --> 00:21:12.240 brief amount of time we've been talking, has an epic 400 00:21:12.559 --> 00:21:16.160 failure in this regard. The pension system is woefully underfunded. 401 00:21:16.559 --> 00:21:18.960