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Speaker 1: What's going on. Thank you so much for listening to

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this podcast. It is heard live every day from noon

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smartphone or tablet, And again, thank you so much for

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your support. So I came across a website the other

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day called white Coat Investor, and they're doctors, but they

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also talk about investments and stuff finances. And the founder

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of Whitecoat Investor is a doctor by the name of

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Jim Dahl Dahl e Dolly Dolly. Anyway, doctor Dolly or

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Doll says in this piece titled the Real Reason for

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the housing unaffordability crisis, the real reason and what he's

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going to tell us is probably something that people who

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want to blame all sorts of other things probably don't

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want to hear. So's that's your trigger warning right there. Okay, So,

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first off, housing is unaffordable, right for a lot of people,

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housing is unaffordable. I think most people would agree that

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too much housing is unaffordable. Okay, this is the new

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chief complaint in our society, he says. It used to

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be that healthcare was unaffordable. Now that problem was not fixed.

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It's just that the housing issue became a bigger deal.

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Over the past few years. The price of housing soared

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due to low supply and a few years of very

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low interest rates, and that has now been combined with

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high interest rates without any accompanying decrease in prices. That

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at least is what most people think and what most

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pundits say. That's what everybody tends to believe. Right, low supply,

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low interest rates, people started buying more properties and stuff,

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and then the interest rates went through the roof. Low

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supply continued, and now nobody can afford the homes. And

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there is truth to those factors. Sure, the supply issues

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caused by builders not building at all, or you know,

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for a couple of years at least during the two

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thousand and eight financial crisis. Right during that meltdown, building

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stopped and that created a backlog because people still, you know,

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were being born and getting old enough to want to

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move into their own homes and stuff. So you had

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this constraint on supply, and then of course COVID and

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the supply shortages, and I myself saw that in my

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own I was so when we were up in Ashville,

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I launched the podcast and we then go and we

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start the process of buying a house, and we couldn't

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find any affordable existing homes. We found a home that

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was being built in a neighborhood and so it was

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new construction, but we had to wait. So we you know,

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signed the papers and picked out the you know, the

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fixtures and the countertops or whatever cheapest you know, level only,

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and and then we were like, okay, now we got

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to wait for you know, about eight or nine months

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while they build the house. And I would go out

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and talk with the you know, the the site supervisor

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and the you know, talk with the sales repinel of

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that about you know, where we were on the on

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the project status. And he told me at one point

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that we were the last one through the gate. Our

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house was the last one through the gate before all

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of the disruptions occurred. Because we started doing this during

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COVID or right after the lockdowns got eased up a bit,

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and so this is when all of the supply chain

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disruptions started and there was a house being built right

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next to mine, and at one point they had to

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board up all of the holes that they had cut

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for the windows. They had to board them all up.

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They were waiting on windows and they couldn't get windows,

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and that house sat boarded up for a couple months

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because of the supply chain, so that caused more delays.

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That's an example of it. In the house I'm in currently,

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my neighbor she closed on her house or sorry, she

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signed the papers for her house before Christy and I

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signed the papers on our house. But because our house

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was bigger, it got slowed down or something a little

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or took a little bit longer to do the work

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in there. And then by the time they went to

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install the bathroom vent fan and they couldn't get any

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and so it caused a delay because the inspections wouldn't

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pass without that fart fan up there. So which by

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the way, spoiler alert, it doesn't actually clear the air,

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that's just it's for the moisture anyway. So the point

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here is that those disruptions did have impact on supply

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keeping up with demand. The demand issues caused by the

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ability to borrow money at ridiculously low sub inflation rates

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are also very real too, right, the really low interest

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rates people were getting mortgages for three percent, two percent whatever,

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That had an impact too. Absolutely. However, there's more, there's

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more to the story, as Paul Harvey would have said,

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size the size of the homes. I know people aren't

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going to want to hear this. So right now, fewer

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than eleven percent of households can afford the average home,

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and that is a real problem. Fewer than eleven percent

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of households can afford the average home. Okay that sometimes

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people you know have this this nostalgia, this longing for

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the fifties. Dad went to work every day at a

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job that didn't even require a college degree, and that

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would provide enough income to afford to buy a house,

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just like everybody else's. Mom stayed home, I kept house,

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raised the kids, and participated in the community. And some

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people today still see that as an ideal situation. There

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are two reasons that that is mostly an impossibility now.

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Number one, and he quotes Elizabeth Warren Old Focahontas herself,

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which she outlined in her book The Two Income Trap.

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The two Income Trap She wrote a book many years

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ago about this. I was unaware of this. However, you

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feel about Warren's venture into politics. Afterwards, this doctor says

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she got this point right. When mothers went out into

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the workplace end mass, it provided additional income into the household,

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and with that income, the family then decided to improve

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their standard of living. They decided to move into a

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bigger house in a safer neighborhood with a better school district. Right,

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that's rational, that's logical. More sacrifice, more work gets you

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some economic advantages. But what happens when everybody does that.

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We've just shifted the goalposts, and now everybody wants a

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bigger house in the safest neighborhoods, in the best school districts,

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So they go out and buy them. But after a while,

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the natural economic effects are seen. Labor isn't worth as

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much as it used to be because the supply of

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it is twice as large as it used to be.

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By the way, this is one of the reasons why

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a lot of countries in the Middle East cannot compete

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basically economically despite all of that oil. They they segregate

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half of their society out of the workforce. All the women.

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They don't educate them, right, they don't. They don't let

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them work, and so they're depriving their own society of

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the benefits that those individuals can provide to the society

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with inventions, with labor, with whatever right you're just you're

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walling off half of your population from participating in the

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productive side versus the consumption side. So labor isn't worth

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as much as it used to be because we have

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twice as much of it now. It takes two earners

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to get to get what you used to get with

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just one income earner. Heaven forbid, you lose your spouse

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to disability, death, or divorce, and now the family is

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on the verge of poverty, despite the fact that one

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parent still has a reasonably well paying, steady job. Maybe

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the job pays fifty K sixty K, right, what are

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you going to afford with that when you're competing with

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people that have two incomes of the same amount. But

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the main reason, he says, the main reason is square

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footage of the homes. Things have changed. I know this personally.

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The first house that I bought here in Charlotte, on

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the east side of Charlotte, a neighborhood that was not

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so great. My house was nine hundred twenty or so

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square foot. That's it. It was a small house, three bedroom,

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one bath, little brick ranch, tiny house, old, not a

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great neighborhood, not a good school assignment. People today are

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not buying the same houses in twenty twenty three that

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they were buying in nineteen fifty five. Our houses are bigger,

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and we need more room to put all of our stuff.

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People have way more stuff than they did fifty years ago. Right,

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So this idea that we're trying to compare the current

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situation to based on like the fifties or sixties or something,

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it doesn't compare any longer. The houses now are bigger.

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In nineteen fifty the average home sold for eighty two

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thousand dollars in today's dollars. Okay, eighty two k that's

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the equivalent, and it had nine hundred and thirty eight

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square feet. So that's about the size of my house,

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and that's the size of the houses all around that

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house I bought. They were all the same kind of

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cookie cutter ranch floor plan. They all had the same

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floor plan, and they were all the same size basically.

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Now some have been improved over the years, and that

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was on the east side of Charlotte in one of

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the first sort of suburbs that pushed outwards in the fifties.

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That's thirty feet long and thirty feet wide. Okay, that's

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the size of living space that you're talking about. And

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by the way, I bought that home in two thousand

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and five for about eighty K. That's what I spent

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on that house. Eighty K. Again, it was it was

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it needed a lot of work. I spent years doing

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work and renovating that house. So I know people don't

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want to hear it, all right, So spring is here

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a time of renewal and celebrations. You've got graduations, weddings,

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anniversaries and the special days for mom and dad. Your

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family's making memories that are going to last a lifetime.

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But let me ask you, are all of those treasured

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moments from days gone by? Are they hidden away on

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old VCR tapes, eight millimeter films, photos slides? Are they preserved?

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Because over time, these precious memories can fade and deteriorate,

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losing the magic of yesterday. At Creative Video, they help

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freezing them in time so they can be enjoyed for

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generations to come. I urge you do not wait until

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love and care that it deserves. Creative Video Preserving Family

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Memories since nineteen ninety seven, located in mint Hill, just

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off four eighty five. Mail orders are accepted to get

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all the details that create a video dot com. The

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overall average square footage in America for a home is

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twenty fourteen square feet. That's the average, or sorry, the

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median home size in America twenty fourteen square feet, and

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in the fifties it was nine hundred and thirty eight.

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So the homes that we are in now, you know,

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the median home is more than twice as large as

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the homes from seventy years ago, sixty years ago. So

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that's one thing, your size inflation. Nobody ever talks about

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that aspect of the housing crunch. There is also a

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massive difference in the quality of the homes. The quality

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homes are better built with nicer amenities.

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Speaker 2: Now.

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Speaker 1: I know people are like, oh, that's not true. They

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built them fantastic, but you know, they built to the

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best standards. You may have owned a home that was

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built to really good standards back then, but homes now

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have better things in them. You know, my first again,

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the first home I bought didn't have insight in it,

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no insulation in the walls. Okay, because I guess back

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then it was like that was a luxury to have

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and it wasn't really necessary. You didn't want the house

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really insulated or something. The wiring right, and there is

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the regulatory costs as well. All of that gets built in.

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Heard the story yesterday Fort Mill. They're like they're looking

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to slap on additional quote impact fees where they're like,

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we're going to charge these developers. You know what is

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it now? It's something like twenty eight thousand dollars per

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new home for the impact it has on government services.

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Basically twenty eight thousand dollars. The builder doesn't pay that, folks,

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The buyers do. Right, So you're you're creating an economic

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wall around your town so nobody else moves in. And

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that is also one of the major problems here too,

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with the regulatory regimes. Is that nimbiism. Not in my

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back yard. People arrived and this was really pronounced in

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the Asheville area when I was up there, and these

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people would go down to the city council for a

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rezoning petition or a development petition or something, and they're like, yeah,

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we want to build an apartment building, and you'd have

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all the neighbors come down and say no to the

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apartment building. No, no, no, And they would always start

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the people who came down. I don't know why, but

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the people who came down to speak at these meetings

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almost every single time, they would start off with saying

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something like I moved here eight years ago, and I'm

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opposed to anybody else moving here. So there is this

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mentality of pulling up the ladder behind you after you

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got your slice, you know, you found your piece of

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heaven in the Blue Ridge Mountains, but nobody else can

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move in. And then they put pressure on the elected

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officials to vote down more housing, and when you do that,

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you get less housing. And when you have less housing,

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the existing housing goes up. Also on the regulatory front,

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builders are not building starter homes. They're not building nine

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hundred thousand square foot or night or a thousand square

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foot homes. They're not building them because the profit margins

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are so low, if existent at all. They make money

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when they build bigger because they can sell the house

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for more, and so they're just not building the starter homes.

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On the quality front, we have hardwood floors and tile

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where there used to be linoleum. We have higher quality carpet.

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We have higher quality paint. We have baseboards and light fixtures,

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and granite countertops and stainless steel kitchen appliances, air conditioning,

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central heating, a dishwasher, a washer and dryer that you

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actually keep inside. And if you don't know what that's about,

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once again, first house that I bought, the washer and

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dryer were outside. You had to go outside. There was

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a little room off the back porch. So there was

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like a little like concrete step of about you know,

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ten feet long, and then like six or seven steps

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down to the grass. And on that back patio there

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was a little shed, a little closet, and in there

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was the circuit panel and the the washroom dryer, and

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it was not finished. It was like exposed beams and

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everything else, and so you would walk outside to do

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your laundry. Now we have laundry rooms, right, we have

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bathrooms attached to the master bedroom. Whereas, again the old homes,

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there was one bathroom, one bathroom, one shower, one sink,

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everybody shared it. That was it. Houses are bigger, they

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are nicer than they used to be. And then well,

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why don't we just buy a smaller house? Right, here's

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the thing, those smaller homes. A lot of that housing

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stock dils does still exist, but it's in neighborhoods where

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people don't want to go and live. See. I went

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to a neighborhood like that, and then I was accused

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00:18:15,880 --> 00:18:19,200
of gentrifying it. So you know, what do you do?

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00:18:19,559 --> 00:18:22,240
Here's a great idea. How about making an escape to

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a really special and secluded getaway in western North Carolina.

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Asheville is your connection. Whether you're celebrating an anniversary, a honeymoon,

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of the Pisga National Forest, their cabins offer a serene

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escape in the heart of the Blue Ridge Mountains. Centrally

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Mountain National Park. It's the perfect balance of seclusion and

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proximity to all the local attractions with hot tubs, fireplaces,

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offashville dot com and make memories that'll last a lifetime

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message from Kevin US Consumers always want bigger, faster, more,

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00:19:40,240 --> 00:19:43,400
bigger houses, bigger, nicer vehicles, vacation three times a year,

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00:19:43,519 --> 00:19:45,799
more and more and more. I did not go to college.

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My wife only worked for three months after we got pregnant.

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Eighteen years later. In my two thousand square foot house

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00:19:51,319 --> 00:19:54,000
and my newer vehicles are all paid off. I have

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zero debt. Many of my friends back then did go

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to college, and both husband and wife have worked full

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00:20:00,279 --> 00:20:04,519
time since and they are living paycheck to paycheck still now.

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Some of that had to file bankruptcy. I tried to

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warn them, they didn't listen. I mean, this is all

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just living within your means. That's no matter what price

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point or income level you're at. It's about being debt free,

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not spending more than you make. You know, right before COVID,

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I was helping my father and mother in law find

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a lot to build a house less than a thousand

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square foot house. It did not exist in my area.

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Minimum square foot in all subdivisions was eighteen hundred square feet.

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I ended up just building them a small house on

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our one and a half acre lot. Yeah, which, by

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the way, the doctor Jim Dowell at White Cote Investor,

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he does have a recommendation. He does offer a piece

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00:20:51,079 --> 00:20:56,240
of advice on this, and I'll get to that. A

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couple of tweets here, Russ says, you haven't at the

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outdoor washer and dryer you haven't truly lived until you've

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had to take your freshly cleaned laundry outside through the

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rain to get it back inside. Bonus points if something

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falls out of the basket and onto the wet grass

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or mud. Yeah. Look, I have no doubt that just

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the idea of having a washer and dryer attached to

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the house. I mean, there was no garage on this

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house that I had bought, but that was a luxury

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at the time. This is from Melissa, who says the

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first house I bought was an old Victorian eighteen eighties,

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still owned by the original family that built it. No

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electricity or heat upstairs, one central register in the downstairs

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central hall. I paid sixty three thousand dollars and I

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sold it four years later. It is now on Zillo

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for over a million dollars. The house that I bought

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for under eighty thousd I think I bought it for

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seventy eight thousand. I fixed it up over the course

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of about three years or so, this was like five

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to eight, and then sold it, and I think I

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got I'm trying to remember. I think it was like

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one oh three. I mean, because I improved it, so

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I think I got over a little over one hundred

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k if I remember correctly, that house is now they

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so it has changed hands a couple of times, and

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somebody along the way took it from a three bedroom

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to a two bedroom, one bath, and it's now. The

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last time it sold it was over a quarter million dollars,

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still at like nine hundred something square feet every hat like.

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You cannot find small houses unless they're like the tiny

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house variety, you know. So the point here is that

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houses are bigger and they are nicer than they used

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to be, and that has created some of the shortage

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in the housing supply. You can find tiny houses, smaller houses,

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I should say, but they will be in you know, disrepair.

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They're going to be in dumpy, crime ridden neighborhoods with

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terrible schools, right, And that means that you're you're not

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just economizing, but you're sacrificing the safety and education of

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your kids. And parents don't want to do that. He says.

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The real cause of housing on affordability is that in

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many cities in America, perhaps even most, it is impossible

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to buy a small house in a reasonable neighborhood because

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those houses simply don't exist. Home Builders aren't making them,

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realtors aren't selling them, and people aren't willing to live

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in them because they think they're entitled to nice stuff

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even if they can't afford it. There, I said it,

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but it's the truth. Think about it. A lot of

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people are raised in these larger, nicer homes, and so

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they then expect to go into a larger, nicer home

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and I should be able to afford the same thing

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that I grew up in. Well, No, the only solution

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in most cities build more housing, usually smaller housing, including

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higher density stuff like condos or duplexes and town homes.

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The nimby crowd fights it, Nimby not in my backyard.

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Nimby cities get behind their biggest tax payers. Even if

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developers wanted to help with the issue, they are stimied

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at every turn by bureaucrats, regulations, and homeowners associations. If

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cities want affordable housing, they have to make it easier

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and more profitable to build or convert units. And then

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00:24:51,240 --> 00:24:56,720
he says, because again these are doctors talking about, you know,

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00:24:56,839 --> 00:25:04,480
investment stuff. So a lot of read this website. So

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00:25:04,519 --> 00:25:07,160
he says to these people, this audience, he says, okay,

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but Now, what about your kids If you want them

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00:25:11,200 --> 00:25:16,359
to live anywhere near or like you do, presumably on

386
00:25:16,480 --> 00:25:20,240
less income than you make as a doctor, right, you're

387
00:25:20,240 --> 00:25:22,319
going to have to help out. You're going to have

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00:25:22,359 --> 00:25:27,000
to help pay for their first home. And that means

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00:25:27,160 --> 00:25:30,200
you have a new financial goal. And maybe your old

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00:25:30,200 --> 00:25:33,720
list included college savings, retirement to down payment for your

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00:25:33,759 --> 00:25:36,920
own house, but now it also has to include some

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00:25:36,960 --> 00:25:39,640
money for your kids' houses. How much, he said, I'll

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00:25:39,680 --> 00:25:43,839
leave that up to you, he said, though I would

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suggest that this goal of putting money aside for your

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00:25:47,559 --> 00:25:50,519
kids to help offset the cost of buying a decent

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house in a decent neighborhood. I would suggest that this

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00:25:54,079 --> 00:25:57,559
goal may be just as important, or even more important

398
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than saving for college costs what you're willing to pay.

399
00:26:03,319 --> 00:26:06,039
But that's not the case with housing. All right, if

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you're listening to this show, you know I try to

401
00:26:07,880 --> 00:26:09,680
keep up with all sorts of current events, and I

402
00:26:09,680 --> 00:26:11,880
know you do too, And you've probably heard me say

403
00:26:12,039 --> 00:26:16,079
get your news from multiple sources. Why well, because it's

404
00:26:16,079 --> 00:26:18,799
how you detect media bias, which is why I've been

405
00:26:18,799 --> 00:26:22,400
so impressed with ground News. It's an app, and it's

406
00:26:22,480 --> 00:26:25,359
a website, and it combines news from around the world

407
00:26:25,359 --> 00:26:28,799
in one place so you can compare coverage and verify information.

408
00:26:29,119 --> 00:26:32,400
You can check it out at check dot ground, dot

409
00:26:32,400 --> 00:26:35,559
news slash pete. I put the link in the podcast

410
00:26:35,599 --> 00:26:38,559
description too. I started using ground News a few months

411
00:26:38,599 --> 00:26:41,200
ago and more recently chose to work with them as

412
00:26:41,240 --> 00:26:44,440
an affiliate because it lets me see clearly how stories

413
00:26:44,480 --> 00:26:47,720
get covered and by whom. The blind spot feature shows

414
00:26:47,759 --> 00:26:50,599
you which stories get ignored by the left and the right.

415
00:26:50,759 --> 00:26:55,480
See for yourself check dot ground, dot news slash pete.

416
00:26:55,559 --> 00:26:58,240
Subscribe through that link and you'll get fifteen percent off

417
00:26:58,240 --> 00:27:01,519
any subscription. I use the vantage planned to get unlimited

418
00:27:01,559 --> 00:27:04,839
access to every feature. Your subscription then not only helps

419
00:27:04,880 --> 00:27:07,680
my podcast, but it also supports ground News as they

420
00:27:07,680 --> 00:27:09,960
make the media landscape more transparent.

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00:27:11,000 --> 00:27:11,200
Speaker 3: Hi.

422
00:27:11,400 --> 00:27:14,720
Speaker 1: I'm Brett Weerble and we are pregaming with him, as

423
00:27:14,720 --> 00:27:17,400
we have started doing pretty recently. I think this is

424
00:27:17,440 --> 00:27:20,680
like episode three or it is something like that. Yeah,

425
00:27:21,000 --> 00:27:23,759
we're still where where it's a we're baby stepping right now.

426
00:27:23,880 --> 00:27:24,359
I like it.

427
00:27:24,559 --> 00:27:27,240
Speaker 3: This is one of my favorite parts of my whole.

428
00:27:27,160 --> 00:27:32,200
Speaker 1: Day, not to be outdone by the hangover, which is

429
00:27:32,240 --> 00:27:35,839
the first segment of your show after three o'clock. Yes, okay,

430
00:27:36,200 --> 00:27:37,160
where I join you?

431
00:27:37,319 --> 00:27:40,079
Speaker 3: We double up? Right, that's I like it so well.

432
00:27:40,119 --> 00:27:42,240
Speaker 1: You know, many hands lighten the load. That's a good point.

433
00:27:42,279 --> 00:27:43,720
All right, So I got, I got, I got a

434
00:27:43,759 --> 00:27:46,279
story for you to react to. You've probably already seen this,

435
00:27:46,319 --> 00:27:48,279
but I'm curious because I read this, I was like,

436
00:27:48,839 --> 00:27:54,359
I gotta ask Brett from The Daily Caller. Former Vice

437
00:27:54,440 --> 00:27:58,400
president and failed twenty twenty four presidential candidate Kamala Harris

438
00:27:58,839 --> 00:28:05,920
is thinking about an institute for policy and ideas for

439
00:28:06,039 --> 00:28:11,519
her next act. One of her top advisors is reaching

440
00:28:11,559 --> 00:28:15,880
out to universities to discuss the possibility of setting up

441
00:28:16,519 --> 00:28:20,400
a think tank. Mmmm for Harris.

442
00:28:21,079 --> 00:28:24,759
Speaker 2: So okay, I think we know what's going to happen here.

443
00:28:25,400 --> 00:28:29,319
They are hoping that the Elan not not Elon musk.

444
00:28:29,200 --> 00:28:29,759
Speaker 3: Right, the Elon.

445
00:28:30,079 --> 00:28:34,440
Speaker 2: They're hoping that the Elon will connect with the Harris pole,

446
00:28:35,279 --> 00:28:38,559
so they'll they'll they're they're working to kind of take that,

447
00:28:39,160 --> 00:28:42,759
you know, take that forward, being like, yes, we're from

448
00:28:42,759 --> 00:28:46,039
the Harris Institute, you're not going to really think about it.

449
00:28:46,279 --> 00:28:48,680
And they're going to pick up an automatic amount of

450
00:28:48,880 --> 00:28:51,960
of of crad because of the Harris Pole.

451
00:28:52,039 --> 00:28:54,160
Speaker 3: That happens every every election.

452
00:28:54,319 --> 00:28:57,039
Speaker 1: There was a movie like that, what was it called

453
00:28:58,359 --> 00:29:03,039
the Guy who was running or the incumbent died and

454
00:29:03,079 --> 00:29:07,119
then Chris Rock had the same name as him and

455
00:29:07,240 --> 00:29:08,160
ran for off Hill.

456
00:29:08,279 --> 00:29:12,079
Speaker 2: That's that's like a way right movie, Holy cat right,

457
00:29:12,160 --> 00:29:14,319
And he had the same name and then he won

458
00:29:14,400 --> 00:29:18,200
based on the written the name being the same, same idea.

459
00:29:18,319 --> 00:29:19,839
I think I think that's what they're trying to do

460
00:29:19,920 --> 00:29:23,640
that because they'll probably call it the Harris Institute, the Harrow,

461
00:29:23,960 --> 00:29:26,599
the Harrison Pole. That well, you can't say the Harris

462
00:29:26,640 --> 00:29:34,000
Pole because that's probably wow, that's that's that's a little jarring.

463
00:29:34,119 --> 00:29:37,119
Speaker 1: Find somebody here, you go find somebody else named Poll,

464
00:29:38,400 --> 00:29:39,400
last name Poll.

465
00:29:39,240 --> 00:29:43,440
Speaker 3: The Harris Pole Institute, Yeah, that would probably work.

466
00:29:43,599 --> 00:29:44,279
Speaker 1: From Harris Pole.

467
00:29:45,000 --> 00:29:46,599
Speaker 3: How about the Harris Walls Institute.

468
00:29:46,759 --> 00:29:50,519
Speaker 2: No, no, the Walls Harris instid.

469
00:29:50,319 --> 00:29:52,960
Speaker 1: That guy's no. So I think this is actually a

470
00:29:53,119 --> 00:29:55,839
very positive development for her to have an institute for

471
00:29:55,880 --> 00:29:59,240
her to have an idea and for just the idea.

472
00:29:59,279 --> 00:30:02,440
You're you're giving credit for just the idea, and the

473
00:30:02,480 --> 00:30:06,400
idea is to have an institute for ideas. So she's

474
00:30:06,440 --> 00:30:10,279
it like that's forward looking like that's aspirational. That is

475
00:30:10,319 --> 00:30:12,240
like I'm going to come up with, like with a

476
00:30:12,279 --> 00:30:14,319
bunch of ideas like this, right.

477
00:30:14,160 --> 00:30:16,640
Speaker 2: I like this, because what are we going to do.

478
00:30:17,119 --> 00:30:20,079
We're going to figure we're going to bring people together

479
00:30:21,480 --> 00:30:28,079
to get more understanding, yes, of the challenges of this time. Correct,

480
00:30:28,480 --> 00:30:31,839
I mean right that you're gonna get forty million just

481
00:30:31,880 --> 00:30:33,079
off of that sentence.

482
00:30:32,759 --> 00:30:35,880
Speaker 1: Easily forty million, right, and you house this thing at

483
00:30:35,880 --> 00:30:39,519
a university, at a university, scrape up that sweet sweet

484
00:30:39,960 --> 00:30:41,720
cutter cash cutter cash.

485
00:30:41,880 --> 00:30:43,640
Speaker 3: Oh my gosh, that's that's a good move.

486
00:30:43,839 --> 00:30:46,440
Speaker 1: And we all know just like Roy Cooper and our

487
00:30:46,480 --> 00:30:49,720
former Senator John Edwards, like this is and Bev Purdue,

488
00:30:49,799 --> 00:30:55,519
our former governor you land in these yeah, these college

489
00:30:55,559 --> 00:30:59,000
centers or institutes and such, and they're just it's it's

490
00:30:59,039 --> 00:31:03,160
just a you're on scholarship, you know, you're just there, uh,

491
00:31:03,279 --> 00:31:05,400
waiting for the next run for something else.

492
00:31:05,559 --> 00:31:09,000
Speaker 3: Yeah. That look that it makes total sense.

493
00:31:08,839 --> 00:31:12,119
Speaker 1: And she could really develop some ideas for her next.

494
00:31:11,960 --> 00:31:17,680
Speaker 2: Run, ideas about bringing people together to solve the problems

495
00:31:18,160 --> 00:31:20,000
that everyone is facing.

496
00:31:20,119 --> 00:31:23,640
Speaker 1: And have and have faced, and have will face and

497
00:31:23,720 --> 00:31:27,200
will face and may face or not or not right,

498
00:31:27,400 --> 00:31:29,680
those for the face and the face less.

499
00:31:30,279 --> 00:31:31,839
Speaker 3: See, this will be represented.

500
00:31:31,920 --> 00:31:33,839
Speaker 1: This is the kind of this is the kind of

501
00:31:33,880 --> 00:31:37,160
think Tanker that I think we are really needing.

502
00:31:37,799 --> 00:31:40,400
Speaker 2: Uh And Harris, did you say did I just hear

503
00:31:40,480 --> 00:31:40,960
you say?

504
00:31:41,640 --> 00:31:45,279
Speaker 3: Did you say tanker or did you say tankarey?

505
00:31:45,559 --> 00:31:45,960
Speaker 1: Both?

506
00:31:46,200 --> 00:31:48,440
Speaker 3: Wow? Because you're gonna need both of those things?

507
00:31:48,480 --> 00:31:51,680
Speaker 1: I think. Yeah, I have another story for you too. Okay,

508
00:31:53,079 --> 00:31:56,519
did you hear that the crime is down? Where in Charlotte?

509
00:31:56,720 --> 00:31:57,240
Speaker 3: Which part?

510
00:31:57,480 --> 00:32:00,480
Speaker 1: Crime is down? Arrests all are.

511
00:32:02,119 --> 00:32:02,359
Speaker 3: Down?

512
00:32:04,240 --> 00:32:09,000
Speaker 1: Crime is down, arrests are up? Yes?

513
00:32:09,200 --> 00:32:09,279
Speaker 2: What?

514
00:32:09,440 --> 00:32:11,400
Speaker 3: And how how can that be?

515
00:32:11,720 --> 00:32:15,119
Speaker 1: It is? I was as perplexed as you. Crime. According

516
00:32:15,160 --> 00:32:17,880
to the Charlotte Observer, crime is down and arrests are

517
00:32:17,960 --> 00:32:20,039
up in the first three months of the year.

518
00:32:20,279 --> 00:32:24,200
Speaker 3: So they're arresting more people who knew.

519
00:32:24,279 --> 00:32:26,759
Speaker 2: But wait a minute, See this is one of those

520
00:32:27,079 --> 00:32:32,799
sticky wickets, because pete, are they prosecuting? It's one thing

521
00:32:32,839 --> 00:32:35,160
to have the bracelets slapped on you. Yeah, yeah, and

522
00:32:35,200 --> 00:32:38,000
then they let you go two hours later, and now

523
00:32:38,039 --> 00:32:40,079
you're doing car takeovers?

524
00:32:40,279 --> 00:32:41,640
Speaker 3: Right, I mean, what up with this?

525
00:32:42,400 --> 00:32:44,160
Speaker 1: Well? I mean I like to think it's a positive

526
00:32:44,200 --> 00:32:46,759
development because you can't have the prosecutions unless you first

527
00:32:46,839 --> 00:32:51,079
have the arrests. So baby steps, right, we start off

528
00:32:51,079 --> 00:32:52,039
with some arrests.

529
00:32:51,720 --> 00:32:53,599
Speaker 3: Some arrests. We get some arrests, right right, then you

530
00:32:53,599 --> 00:32:54,559
get some prosecutions.

531
00:32:54,559 --> 00:32:56,640
Speaker 1: Maybe I'd like to.

532
00:32:56,559 --> 00:32:57,799
Speaker 3: Go one step further.

533
00:32:57,960 --> 00:32:59,359
Speaker 1: Okay, persecutions.

534
00:33:00,200 --> 00:33:02,559
Speaker 2: I think it's time to bring back persecure like there

535
00:33:02,599 --> 00:33:08,839
should be. Prosecution is so passe. Persecution is something that

536
00:33:08,960 --> 00:33:09,599
is forever.

537
00:33:10,519 --> 00:33:12,440
Speaker 1: See this is Brett. I feel like you take it

538
00:33:12,480 --> 00:33:14,200
too far? Son, How is that too far?

539
00:33:14,640 --> 00:33:16,920
Speaker 3: It's persecution the persecution Institute.

540
00:33:19,480 --> 00:33:21,759
Speaker 1: All right, that'll do it for this episode. Thank you

541
00:33:21,839 --> 00:33:23,839
so much for listening. I could not do the show

542
00:33:23,839 --> 00:33:26,359
without your support and the support of the businesses that

543
00:33:26,440 --> 00:33:29,519
advertise on the podcast, so if you'd like, please support

544
00:33:29,559 --> 00:33:31,240
them too and tell them you heard it here. You

545
00:33:31,240 --> 00:33:33,880
can also become a patron at my Patreon page or

546
00:33:34,000 --> 00:33:37,599
go to dpetecleanershow dot com. Again, thank you so much

547
00:33:37,599 --> 00:33:44,079
for listening, and don't break anything while I'm gone.