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<v Speaker 1>This is Gary and Shannon and you're listening to KFI

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<v Speaker 1>AM six forty, the Gary and Shannon Show on demand

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<v Speaker 1>on the iHeartRadio app. Just talked about the numbers for

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<v Speaker 1>tourism in La County that have gone down significantly since

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<v Speaker 1>the beginning of the year.

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<v Speaker 2>Hey, Gary, why are you talking about tourism numbers going down?

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<v Speaker 2>Can you see all those people with their tents from

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<v Speaker 2>all over the country coming here to set up shop

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<v Speaker 2>and live in our streets. Well, they're not gonna sider

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<v Speaker 2>tourists when they stay.

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<v Speaker 3>I guess so you might be right.

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<v Speaker 1>Lieutenant Lieutenant Louisiana Governor Jeff Landry is holding a news

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<v Speaker 1>conference about what's going on in New Orleans. Of course,

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<v Speaker 1>you may have seen the story of the presid inmates

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<v Speaker 1>that escape through a hole, sorry, through a hole behind

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<v Speaker 1>the wall, behind the toilet.

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<v Speaker 4>Arnie. Of the progressive promises that have been made to

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<v Speaker 4>this city is clear. New Orleans handed the jail keys

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<v Speaker 4>to those who vowed to keep criminals out of jail,

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<v Speaker 4>and sadly, today we show that it worked. I hope

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<v Speaker 4>that everyone understands that the video of those prisoners escaping

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<v Speaker 4>epitomizes a progressive criminal justice system.

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<v Speaker 1>There were ten that escaped over the weekend. They have

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<v Speaker 1>captured three of them, still on the lookout for seven

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<v Speaker 1>and pretty crazy video where you can see them just

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<v Speaker 1>making their way through the hole in the wall and

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<v Speaker 1>then out a loading dock there at the at the

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<v Speaker 1>prison and then into the night.

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<v Speaker 3>It's time for swamp watch. I'm a politician, which means

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<v Speaker 3>I'm a cheat and a liar, and when I'm not

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<v Speaker 3>kissing babies, I'm stealing their lollipops.

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<v Speaker 5>Here we got the real problem is that our leaders

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<v Speaker 5>are done.

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<v Speaker 3>The other side never quits.

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<v Speaker 4>So what I'm not going anywhere.

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<v Speaker 3>So now you drain the swat, I can imagine what

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<v Speaker 3>can be and be unburdened by what has been. You know,

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<v Speaker 3>Americans have always been going. They're not stupid.

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<v Speaker 1>Political plunder is when a politician actually tells the.

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<v Speaker 3>Truth whether people voted for you. With massp watch, they're

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<v Speaker 3>all countering.

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<v Speaker 1>Well, the big deal today politically is that President Trump

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<v Speaker 1>says that Russia and Ukraine are going to start ceasefire

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<v Speaker 1>negotiations immediately this morning. At a very early morning news

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<v Speaker 1>conference from the White House, Caroline Levitt was previewing these

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<v Speaker 1>phone calls.

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<v Speaker 6>The President has.

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<v Speaker 7>Made it clear his goal is to see a ceasefire

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<v Speaker 7>and to see this conflict come to an end, and

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<v Speaker 7>he's grown weary and frustrated with both sides of the conflict.

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<v Speaker 7>The President and his team have put an enormous amount

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<v Speaker 7>of effort in solving this very complicated war that again

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<v Speaker 7>began because of the last administration's weakness.

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<v Speaker 1>Steve Witkoff, of course, is the Special Envoy, talked about

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<v Speaker 1>the call as well.

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<v Speaker 8>We have to get to a ceasefire. That's the President's position,

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<v Speaker 8>and we all agree with that position, and most importantly,

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<v Speaker 8>we have to get to a final peace deal. He's

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<v Speaker 8>got to get on the phone with President Putin and

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<v Speaker 8>that is going to clear up some of the logjam

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<v Speaker 8>and get us to the place that we need to

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<v Speaker 8>get to. And I think it's going to be a

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<v Speaker 8>very successful call.

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<v Speaker 1>So it was about a two hour phone call. According

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<v Speaker 1>to the White House, was a push to get Russia

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<v Speaker 1>to end this war in Ukraine. Trump and Putin described

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<v Speaker 1>the call as frank and useful. Not immediately clear what

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<v Speaker 1>this is going to mean, although President Trump did suggest

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<v Speaker 1>that there would be immediate ceasefire talks. The President Trump

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<v Speaker 1>that has took to truth, social said the call went

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<v Speaker 1>very well. He said, quote, Russia and Ukraine will immediately

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<v Speaker 1>start negotiations toward a ceasefire and more importantly, an end

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<v Speaker 1>to the war. He said the conditions for that will

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<v Speaker 1>be negotiated between the two parties, as it can only

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<v Speaker 1>be because they know details of a negotiation that nobody else.

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<v Speaker 3>Would be aware of.

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<v Speaker 1>The Kremlin came out with its version of this with

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<v Speaker 1>its statement and said a ceasefire with Ukraine is possible,

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<v Speaker 1>but noted that Russia and Ukraine must find compromises that

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<v Speaker 1>suit both sides. None of this is clear, despite the

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<v Speaker 1>fact that there was an attempt at some preliminary negotiations

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<v Speaker 1>back on Friday. Of course, the ceasefire talks themselves fell

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<v Speaker 1>through last week because it was presented with demands. The

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<v Speaker 1>Ukrainians said they were presented with demands from the Russian

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<v Speaker 1>delegation that were simply unacceptable. And then the largest drone

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<v Speaker 1>attack that we saw in the entire three years of

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<v Speaker 1>this whole deal was launched by Russia, something like two

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<v Speaker 1>hundred and seventy three drones. The expectation is that there

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<v Speaker 1>was the details of a prisoner swap worked out on

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<v Speaker 1>Friday the first one, one of the ones that they

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<v Speaker 1>have worked out in these face to face talks, but

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<v Speaker 1>it's not enough for a full ceasefire. Former President Biden

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<v Speaker 1>has commented publicly for the first time since it was

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<v Speaker 1>announced that he was diagnosed with an aggressive form of

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<v Speaker 1>prostate cancer. He wrote on X Today, cancer touches us all.

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<v Speaker 1>Like so many of you, Jill and I have learned

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<v Speaker 1>that we are strongest in the broken places. Thank you

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<v Speaker 1>for lifting us up with love and support. The President's

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<v Speaker 1>team came out yesterday former President's team and said that

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<v Speaker 1>he was seen for a new finding of a prostate

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<v Speaker 1>nodule after experiencing increasing urinary symptoms, and on Friday they

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<v Speaker 1>told him he was diagnosed with prostate cancer characterized by

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<v Speaker 1>a Gleason score of nine with metastasis to the bone.

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<v Speaker 3>It had spread to the bone.

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<v Speaker 1>The statement from again the former President's office said, while

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<v Speaker 1>this represents a more aggressive form of the disease, the

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<v Speaker 1>cancer appears to be hormone sensitive, which does allow for

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<v Speaker 1>effective management. The President and his family are reviewing treatment

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<v Speaker 1>options with his physicians. One of the pre eminent oncologists

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<v Speaker 1>in the entire world, doctor Zeke Emmanuel, said that this

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<v Speaker 1>has probably been in him, and he's an eighty two

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<v Speaker 1>year old guy. Almost every guy is going to have

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<v Speaker 1>prostate cancer at some point if you live long enough.

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<v Speaker 1>It's just not going to be the thing most often

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<v Speaker 1>that kills you. Zeke Emmanuel said that this has probably

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<v Speaker 1>been there for a while.

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<v Speaker 5>Would it be fair to say it's likely to have

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<v Speaker 5>had this for at least several years?

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<v Speaker 3>Oh more than several years. You don't get prostacution.

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<v Speaker 5>Again, I just want to sell you, so this is

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<v Speaker 5>not speculation. If you have prostate cancer that has spread

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<v Speaker 5>to the bone, then he's most certainly you were saying,

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<v Speaker 5>had it when he was president of the United States.

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<v Speaker 9>Oh yeah, he did not develop it in the last

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<v Speaker 9>one hundred two hundred days.

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<v Speaker 3>He had it while he was president. He probably had

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<v Speaker 3>it at the start of his presidency in twenty one.

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<v Speaker 2>Yes that, I don't think there's any disagreement about that.

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<v Speaker 3>Yeah.

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<v Speaker 1>The last physical that Biden had would have been February

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<v Speaker 1>of twenty four and whether or not an exam was

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<v Speaker 1>actually done or a blood test to look for PSA

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<v Speaker 1>numbers is not clear yet. It's also not necessarily a

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<v Speaker 1>go to test for somebody who's that age. Because the

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<v Speaker 1>assumption from doctors a lot is that if you're eighty

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<v Speaker 1>and you have prostate cancer or they newly discover prostate cancer,

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<v Speaker 1>prostate cancer often moves slow enough that it's not going

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<v Speaker 1>to be the thing that kills you. You live with it. It's

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<v Speaker 1>something else that gets you. So that was if again

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<v Speaker 1>I don't know whether they did the test or not

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<v Speaker 1>and just kept it secret, but if they didn't do

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<v Speaker 1>a prostate exam in February of twenty four, that could

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<v Speaker 1>have been the reason, at least according to a couple

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<v Speaker 1>of the different doctors that we've heard from. So tomorrow,

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<v Speaker 1>not today. Tomorrow, we're going to do a lot of

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<v Speaker 1>the discussion of Okay, when what's the timing of this

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<v Speaker 1>the release on the same day the diagnosis the same

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<v Speaker 1>day as Robert Hurk tapes come out. Tomorrow, of course

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<v Speaker 1>that book comes out from Jake Tapper and Alex Thompson

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<v Speaker 1>about what people knew and when they knew it, about

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<v Speaker 1>his cognitive decline and who kept its secret, all of that.

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<v Speaker 1>So tomorrow we'll talk about that stuff. It's not I

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<v Speaker 1>don't think it's appropriate today to talk about it. A

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<v Speaker 1>very unusual advocate for psychedelic drug therapy. A Republican lawmaker

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<v Speaker 1>in the House of Representatives. We'll talk about Morgan Latrelle

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<v Speaker 1>and what he wants to push in terms of getting

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<v Speaker 1>PTSD therapy out there.

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<v Speaker 9>You're listening to Gary and Shannon on Demand from KFI

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<v Speaker 9>AM six forty.

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<v Speaker 1>Morgan Latrelle had never smoked anything. He never tried drugs

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<v Speaker 1>in his life. So this guy, former Navy seal, had

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<v Speaker 1>to ask a nurse for guidance on how to inhale ibogain.

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<v Speaker 3>I think that's how you say it.

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<v Speaker 1>This psychedelic drug that's part of a final step of

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<v Speaker 1>an intense three day experimental therapy. He had gone to

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<v Speaker 1>Mexico in twenty eighteen to take ibogain, which is illegal

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<v Speaker 1>here in the United States but is gaining a reputation

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<v Speaker 1>as being a potential treatment for PTSD. Inhaling a separate

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<v Speaker 1>drug called DMT was the final step in this process.

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<v Speaker 1>Now here's what's interesting about Morgan Latrelle. Not the fact

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<v Speaker 1>that he suffered PTSD that's pretty common, and not the

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<v Speaker 1>fact that he has turned to psychedelics to deal with

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<v Speaker 1>PTSD that's actually becoming more common. It's that this guy

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<v Speaker 1>is now in his second term in Congress and trying

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<v Speaker 1>to use that platform as a way to open doors

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<v Speaker 1>for other military vets and others who have suffered from

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<v Speaker 1>PTSD to use psychedelics in their treatment. He explains this

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<v Speaker 1>this is He said his journey was a last resort

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<v Speaker 1>for people who feel trapped within their own minds. And

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<v Speaker 1>he said that this would have been the religious equivalent,

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<v Speaker 1>would be an exorcism. Yeah, he threw up a lot,

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<v Speaker 1>he said, after repeated vomiting, he lay on a small

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<v Speaker 1>mattress at an indoor facility along with other Prince participants.

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<v Speaker 1>His eyes were closed. There were a flurry of colors, numbers,

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<v Speaker 1>and then math equations that were appearing in his head.

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<v Speaker 1>And he said it was liking it was a movie screen,

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<v Speaker 1>but it's a movie screen of my life. And he

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<v Speaker 1>said he saw flashes from his past, but that those

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<v Speaker 1>flashes helped him get a new perspective on some of

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<v Speaker 1>the life experiences that he had, the painful life experiences,

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<v Speaker 1>and that helped him reborn and he says it helped

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<v Speaker 1>save his marriage. So now Congressman Morgan Latrelle out of

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<v Speaker 1>Texas is in a position where he didn't expect to be.

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<v Speaker 1>He wants to see his party specifically more open towards

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<v Speaker 1>what he says could be life saving treatments that are

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<v Speaker 1>currently illegal in the United States. He's among a growing

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<v Speaker 1>group of lawmakers Republican lawmakers, many of them veteran Republican lawmakers,

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<v Speaker 1>who are making the case for drugs that they say

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<v Speaker 1>can help address issues like PTSD and depression and substance

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<v Speaker 1>abuse that can be rampant among people who are still

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<v Speaker 1>suffering suffering from their experiences in their life in the military,

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<v Speaker 1>he said.

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<v Speaker 3>In an interview, he said.

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<v Speaker 1>I had the inability to let the previous part of

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<v Speaker 1>my life go and to understand that my current life

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<v Speaker 1>is what's most important, and he argued that the path

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<v Speaker 1>forward needs to be medically based. Proponents want to see

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<v Speaker 1>a whole lot more research and funding in this. I

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<v Speaker 1>don't know how you wouldn't. I'm not a fan of psychedelics,

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<v Speaker 1>but I also don't take aspirin when I don't need to.

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<v Speaker 1>I'm not the one who is going to be deciding

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<v Speaker 1>this kind of a thing, And if you are dealing

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<v Speaker 1>with PTSD, how would you not want to use what

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<v Speaker 1>has worked in some people, or at least give it

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<v Speaker 1>a shot. If science supports their claims. Some of these

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<v Speaker 1>members of Congress say they hope that the administration is

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<v Speaker 1>going to back their push to allow use of these

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<v Speaker 1>drugs in medically controlled environments. It's not a free for all,

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<v Speaker 1>it's a medically controlled environment. And they said that they

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<v Speaker 1>hope that these drugs can become part of structured treatments

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<v Speaker 1>with the ultimate goal of curbing the suicide.

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<v Speaker 3>Epidemic that has racked the veteran community.

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<v Speaker 1>And you're talking drugs like IBA, gain, psilocybin, mushrooms, of course, MDMA, MOLLI.

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<v Speaker 1>There are there are some trials for psychedelics that happened

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<v Speaker 1>in various corners of the private sector of the government.

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<v Speaker 1>There are a handful of them in Veterans' affairs as

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<v Speaker 1>well as the Pentagon. But the FDA last year rejected

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<v Speaker 1>an md MDMA drug. They said they were uncertain about

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<v Speaker 1>the data, in a major setback at the time for

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<v Speaker 1>veterans groups. Doctor Joseph Ross, professor of medicine at Yale,

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<v Speaker 1>says he started a plenty of stories of psychedelics having

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<v Speaker 1>a dramatically positive impact on people's lives, but said, you

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<v Speaker 1>got to do this slowly, You got to do it

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<v Speaker 1>carefully that trials so far have left a tremendous amount

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<v Speaker 1>of uncertainty before we're going to push the regulator to

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<v Speaker 1>approve it, the regular being the FDA, or have the

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<v Speaker 1>VA pay for it and expose a large number of

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<v Speaker 1>people to potential harms. Or sometimes the medicine just doesn't work.

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<v Speaker 1>Sometimes these therapies don't have the positive impact that you're

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<v Speaker 1>looking for. And blind double blind studies can be difficult

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<v Speaker 1>where not only the doctor doesn't know what drug you're getting,

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<v Speaker 1>but you don't know what drug you're getting because participants

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<v Speaker 1>and the researchers could tell if they're receiving the drug

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<v Speaker 1>rather than a placebo, because the immediate mental effects and

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<v Speaker 1>physical effects of these drugs in many cases, and there

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<v Speaker 1>is also a fear that if you make these things

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<v Speaker 1>available too much, too broadly to publicly, it could be

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<v Speaker 1>adding to the problems of recreational psychedelic use, unsafe use,

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<v Speaker 1>improper use, and that's going to set everything back. But again,

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<v Speaker 1>the ultimate goal being to cut down on the number

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<v Speaker 1>of suicides that we have seen in the veteran community

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<v Speaker 1>over the last several years, which continue to rise. In

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<v Speaker 1>twenty twenty two, a report from the VA in twenty

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<v Speaker 1>twenty two. There were six thy four hundred and seven

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<v Speaker 1>veterans in suicide deaths in twenty twenty two, and the

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<v Speaker 1>rate for veteran suicides is about double that of non veterans.

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<v Speaker 3>According to that report.

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<v Speaker 1>So if this is if this gets any sort of

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<v Speaker 1>any sort of momentum, I think you have to credit

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<v Speaker 1>Morgan Latrelle, who himself has gone through it and is

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<v Speaker 1>now a member of Congress. The latest on that New

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<v Speaker 1>Orleans prison escape when we come back, and we'll hear

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<v Speaker 1>from Jeff Landry, the governor of Louisiana, with his fun

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<v Speaker 1>little accent, where he's going after these guys.

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<v Speaker 9>You're listening to Gary and Shannon on demand from KFI

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<v Speaker 9>AM six forty.

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<v Speaker 10>Hey, Gary, I listen to you all the time, Miss Shannon.

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<v Speaker 10>This morning, I just have one comment for all these

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<v Speaker 10>people who are calling to complain about how you treated

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<v Speaker 10>President Biden, they should be pointing the finger at the

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<v Speaker 10>people who covered up his illnesses. You did not cause

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<v Speaker 10>his illness. His illness was there, they said, he was

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<v Speaker 10>perfectly healthy. Thanks for your time.

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<v Speaker 3>Oh, thank you appreciate it.

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<v Speaker 2>Hey Gary, why are you talking about tourism numbers going down.

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<v Speaker 2>Can you see all those people with their tents from

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<v Speaker 2>all over the country coming here to set up shop

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<v Speaker 2>and live in our streets.

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<v Speaker 3>Good point.

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<v Speaker 2>Well, they're not gonnaider tourists when they stay. I guess

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<v Speaker 2>so you might be right.

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<v Speaker 6>Okayyar juck clod, What do you mean you're not a

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<v Speaker 6>fan of psychedelics? Number one? Have you ever taken psychedelics?

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<v Speaker 6>Have you ever taken my troop? Do you know anybody

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<v Speaker 6>personally who has taken psychedelics and if you will talk

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<v Speaker 6>to them about their experiod? Do you know anybody at

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<v Speaker 6>always takes psychedelics and have you talked about their experiod?

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<v Speaker 5>Yes?

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<v Speaker 6>Some say you're not a fan if you haven't done

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<v Speaker 6>any of that.

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<v Speaker 3>Excellent point. I am.

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<v Speaker 1>I have not taken psychedelics. I have not, so I

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<v Speaker 1>guess I still could be a fan. But I have

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<v Speaker 1>talked to plenty of people who have taken psychedelics. The

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<v Speaker 1>majority of them did not have good experiences with them.

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<v Speaker 1>Some of them love it, some of them thought it

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<v Speaker 1>was fantastic. Some of them to this day continue their

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<v Speaker 1>their adventures. I suppose, but that's.

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<v Speaker 3>Not me, all right.

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<v Speaker 1>A man hunt is on for the inmates to escape

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<v Speaker 1>from that New Orleans jail by getting out of a

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<v Speaker 1>crawling I should say, through a hole behind a toilet.

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<v Speaker 1>It is now in its fourth day that search. The

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<v Speaker 1>seven of the ten men are still at large. The

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<v Speaker 1>agency LA Sorry, Louisiana State Police, it's I don't I

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<v Speaker 1>always get the abbreviation and.

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<v Speaker 3>Want to say LA.

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<v Speaker 1>Louisiana State Police confirmed in an emailed statement that the

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<v Speaker 1>seven of the ten are still out there. Colonel Robert

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<v Speaker 1>Hodges for the LA State Police again Louisiana State Police

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<v Speaker 1>said they're looking not only for the seven guys, but

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<v Speaker 1>whoever helped you.

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<v Speaker 11>Are helping and assisting these fugitives allowing them to remain

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<v Speaker 11>uncaptured and not brought to justice. They will be consequences

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<v Speaker 11>and there may be charges for.

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<v Speaker 3>You, Okay.

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<v Speaker 1>So one of the things that's happening is the Governor

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<v Speaker 1>of Louisiana, Jeff Landry, is pointing squarely at the DA's office,

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<v Speaker 1>because the DA in Orleans Parish, a guy named Jason Williams,

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<v Speaker 1>is considered to be one of the more progressive das

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<v Speaker 1>in the country, and Jeff Landry yesterday said this may

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<v Speaker 1>lay at the feet of those progressive policies.

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<v Speaker 4>Arnie of the progressive promises that have been made to

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<v Speaker 4>this city is clear New Orleans handed the jail keys

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<v Speaker 4>to those who vowed to keep criminals out of jail,

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<v Speaker 4>and sadly, today we show that it worked. I hope

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<v Speaker 4>that everyone understands that the video of those prisoners escaping

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<v Speaker 4>epitomizes a progressive criminal justice system.

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<v Speaker 1>Now that point that he's making about the progressive prosecutor

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<v Speaker 1>there in Orleans Parish, it's a guy named Jason Williams,

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<v Speaker 1>and Jason Williams is holding a news conference right now

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<v Speaker 1>and pushing back against that. It's on right now, and

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<v Speaker 1>one of the issues that he is saying, Jason Williams

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<v Speaker 1>is why in the world would he want these criminals

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<v Speaker 1>out on the streets. These guys age a range in

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<v Speaker 1>age from nineteen to forty two, a variety of charges,

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<v Speaker 1>everything for aggravated assault, domestic abuse, battery, murder. He said

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<v Speaker 1>he is at risk, Jason Williams the DA and that

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<v Speaker 1>some of the families of his prosecutors are at risk

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<v Speaker 1>because of the concern that these guys may target the

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<v Speaker 1>people that put them behind bars in the first place.

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<v Speaker 12>So Rob I am personally afraid, not just for myself,

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<v Speaker 12>but for my lawyers who tried the case against the

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<v Speaker 12>individual twice. We were asking for a life sentence of

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<v Speaker 12>this man, and he is now at large. Two of

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<v Speaker 12>the lawyers who I tried that case with, who successfully

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<v Speaker 12>went forward able to get a conviction on that case,

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<v Speaker 12>these lawyers got to town this weekend with their families

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<v Speaker 12>out of fear of retribution and retaliation. So you know,

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<v Speaker 12>I am, I've been very clear and take what my

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<v Speaker 12>office did immediately upon finding out from the press about

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<v Speaker 12>this jail break, because that's how we found out, we

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<v Speaker 12>immediately begin working Alzelmore, God of the Chief of our

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<v Speaker 12>victim waitness began calling victims and witnesses to let them

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<v Speaker 12>know that the defendants in these cases, in their cases

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<v Speaker 12>were out and.

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<v Speaker 1>At large, that this is going to be the beginning.

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<v Speaker 1>It seems like of a lot of finger pointing back

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<v Speaker 1>and forth. The governor blames the DA. The DA just

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<v Speaker 1>made a snide comment about I guess the Sheriff's department

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<v Speaker 1>because they weren't notified via the sheriff. They were notified

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<v Speaker 1>via the media that these guys had gotten out over

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<v Speaker 1>the weekend. And now the Orleans Parish Sheriff, Susan Hudson

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<v Speaker 1>said they were able to get out of the Orleans

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<v Speaker 1>Justice Center because of defective locks that she has been

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<v Speaker 1>asking for for some time to get the money to

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<v Speaker 1>replace some of the aging infrastructure there at the Orleans

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<v Speaker 1>Justice Center. She said Friday, there would be no way

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<v Speaker 1>for them to escape the facility without help from the outside.

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<v Speaker 1>If you remember, they were discovered missing during a routine

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<v Speaker 1>head count conducted at about eight thirty on Friday at

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<v Speaker 1>the Orleans Parish Jail. Believed to have escaped sometime just

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<v Speaker 1>after midnight at about twelve twenty three, they were able

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<v Speaker 1>to yank the sliding jail cell door off the track.

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<v Speaker 1>At one in the morning, they exited the jail after

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<v Speaker 1>they breached a wall behind a toilet. Photos provided by

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<v Speaker 1>the already showed what they said where the clean cuts

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<v Speaker 1>to the metal bars behind the toilet inside the jail cells.

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<v Speaker 1>The toilet itself is just one of those one size

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<v Speaker 1>fits all, do all your business in one holer kind

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<v Speaker 1>of thing, but the wall behind it has what looked

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<v Speaker 1>like rebar in it, and they were able to cut

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<v Speaker 1>one of the rebars to make a hole big enough

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<v Speaker 1>for each of these ten guys to get out again.

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<v Speaker 1>They've captured three of them, but they're still looking for

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<v Speaker 1>seven others. All right, let's make money together, shall we.

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<v Speaker 1>It's not exciting, but the stealthy wealthy have a way

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<v Speaker 1>to make money. And again it's not exciting, but it

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<v Speaker 1>may be the safest way for you to build some

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<v Speaker 1>more money for retirement or next egg or vacation or

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<v Speaker 1>whatever have you.

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<v Speaker 3>We'll talk about that we come back.

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<v Speaker 9>You're listening to Gary and Shannon on demand from KFI

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<v Speaker 9>AM sixty.

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<v Speaker 1>There is a very specific American dream for a lot

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<v Speaker 1>of people, whether you come to the country or you

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<v Speaker 1>were born here. The dream is to start a business

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<v Speaker 1>or somehow get your hands on that American capitalism and

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<v Speaker 1>just drill it directly into your veins. There is a

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<v Speaker 1>story out of the Wall Street Journal about studies that

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<v Speaker 1>were done in internal revenue service information data and how

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<v Speaker 1>it is that some people are able to make their

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<v Speaker 1>money very stealthily. Stealthy wealthy is the way that's described.

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<v Speaker 1>A Princeton University economist studies the group with the University

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<v Speaker 1>of Chicago guy, and they are looking at the lower

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<v Speaker 1>profile path.

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<v Speaker 3>To a lot of money. It's not often as glamorous.

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<v Speaker 1>It's not often the companies that you think of when

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<v Speaker 1>you think of somebody getting rich quick or getting rich

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<v Speaker 1>and getting general wealth.

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<v Speaker 3>It's a smaller niche business.

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<v Speaker 1>That can be very, very lucrative, and they actually profile

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<v Speaker 1>a handful of people who see a market that is

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<v Speaker 1>not being serviced and then service the living hell out

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<v Speaker 1>of that market. Derek Olsen is a guy who always

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<v Speaker 1>wanted to run his own business, and again not a

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<v Speaker 1>sexy business, but his company is National Flooring Equipment.

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<v Speaker 3>And what he realized was if I make.

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<v Speaker 1>The machines that rip up flooring, I can make a

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<v Speaker 1>lot of money. His example of kind of how he

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<v Speaker 1>thought of this business was he realized that in elementary schools,

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<v Speaker 1>the carpets get trashed. Kids are disgusting, kids are animals,

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<v Speaker 1>and just about every year, every other year, a lot

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<v Speaker 1>of these elementary schools need new carpeting, they need new flooring.

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<v Speaker 1>So he has a company that it comes up with

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<v Speaker 1>machines that rip up flooring quickly so they can lay

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<v Speaker 1>down the carpeting before the school starts.

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<v Speaker 3>He has made.

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<v Speaker 1>All kinds of money as a result of this, about

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<v Speaker 1>fifty million dollars in revenue over the course of last year.

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<v Speaker 3>It's just him. He owns the company. That's it.

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<v Speaker 1>There is another one, David McNeil. This one you've probably

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<v Speaker 1>seen before. David McNeil founded weather Tech. You know, the

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00:25:31.599 --> 00:25:37.000
<v Speaker 1>floor mats for your car. He realized on a trip

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00:25:37.079 --> 00:25:40.920
<v Speaker 1>to Scotland in the late eighties that the car he

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00:25:41.000 --> 00:25:44.319
<v Speaker 1>was riding in had floor mats. They were thicker than

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00:25:44.359 --> 00:25:47.119
<v Speaker 1>he'd ever seen. They had a little border that prevented

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00:25:47.160 --> 00:25:49.680
<v Speaker 1>water and mud from running off under the carpet, and

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00:25:49.720 --> 00:25:52.039
<v Speaker 1>he was superior they He said, they were superior to

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00:25:52.079 --> 00:25:55.039
<v Speaker 1>anything he had seen in the United States. But I mean,

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00:25:55.160 --> 00:25:58.079
<v Speaker 1>this is a guy from the Upper Midwest where he

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<v Speaker 1>realizes that he could have a market for this in

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<v Speaker 1>the United States. So he calls the manufacturer in England.

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00:26:07.599 --> 00:26:09.480
<v Speaker 1>He works out a deal to get a twenty foot

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00:26:09.519 --> 00:26:14.359
<v Speaker 1>shipping container of the mats that they sold to sell

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00:26:14.440 --> 00:26:17.599
<v Speaker 1>here in the United States. At the end of the

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<v Speaker 1>first year, he said he made forty thousand dollars in profit.

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<v Speaker 1>The end of the second year that was up to

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<v Speaker 1>one hundred and sixty thousand in profit. Third year, four

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00:26:27.079 --> 00:26:32.000
<v Speaker 1>hundred thousand dollars in profit. And now weather Tech brings

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<v Speaker 1>in eight one hundred million dollars in revenue each year.

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<v Speaker 1>It's that simple. Again, it's not the it's not the

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<v Speaker 1>very high profile companies that you see. It's not the

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<v Speaker 1>Steve Jobs and Wosniak and Apple, it's not Bill Gates

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<v Speaker 1>and Microsoft. But it is a market. There are markets

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<v Speaker 1>for these things out there, and it's these creative people

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<v Speaker 1>who come up with it and end up well ensconced

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<v Speaker 1>in that top one percent of earners. By the way,

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<v Speaker 1>that's not I would have said that top five percent

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<v Speaker 1>was around five or ten million dollars. The annual income

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<v Speaker 1>puts that puts you in the top one percent would

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00:27:14.440 --> 00:27:18.039
<v Speaker 1>be about five hundred and fifty thousand dollars without capital gains.

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<v Speaker 3>That's it's not as high as I thought it was

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<v Speaker 3>going to be.

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<v Speaker 1>All right, up next all of our trending stories. We

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<v Speaker 1>have a terror in the skies. We got to get

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00:27:26.200 --> 00:27:29.160
<v Speaker 1>to motivational Monday. If you're feeling down and you got

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00:27:29.160 --> 00:27:32.119
<v Speaker 1>to get something going on. You've been listening to The

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<v Speaker 1>Gary and Shannon Show. You can always hear us live

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00:27:34.720 --> 00:27:37.359
<v Speaker 1>on KFI AM six forty nine am to one pm

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00:27:37.480 --> 00:27:40.920
<v Speaker 1>every Monday through Friday, and anytime on demand on the

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<v Speaker 1>iHeartRadio app.
