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April 17, 2025 • 33 mins
Blue Origin space flight.
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Speaker 1 (00:00):
I want to thank you for spending part of your
Thursday morning with us. A lot going on today, the
biggest news it tops off the Big three. Powerful Republican
upstate New York congresswoman a least Stephonic is considering a
run for governor.

Speaker 2 (00:16):
I think we're in a huge opportunity to win the
governor's mansion, to break the superjority, win the state Senate,
call back some of these seats in the New York
State Assembly, and really reset New York on a better
path for hard working families.

Speaker 1 (00:30):
Sure does sound like she's running. New York. One caught
up with Stefanic after she gave a speech at the
New York Republican Convention where Stefanic called Kathy Hochel the
worst governor in New York history and said someone has
to save New York. Democrats are still trying to free
MS thirteen member and now wife beater kilmar A Brago

(00:54):
Garcia from an El Salvador prison and bring him back
to America, but the Trump ad Minute Fistration says that
is never going to happen.

Speaker 3 (01:03):
Nothing will change the fact that Abrago Garcia will never
be a Maryland father.

Speaker 4 (01:08):
He will never live in the United States of America.

Speaker 5 (01:10):
Again.

Speaker 1 (01:11):
See, even if it gets released from prison, they're going
to deport him because he's here illegally. The governor of
Maine refuses to obey President Trump's executive order banning biological
male athletes from playing in women's sports, and now the
Department of Justice has filed a lawsuit against the state

(01:31):
and its governor.

Speaker 4 (01:32):
We have exhausted every other remedy we tried to get
Maine to comply. We don't like standing up here and
filing lawsuits. We want to get states to comply with us.
That's what this is about.

Speaker 1 (01:48):
Again. You gotta feel sorry for the Democrats. They are
on the wrong side of every single issue. And New
Jersey trends. It seems to be heading for a strike
by its engine years.

Speaker 6 (02:00):
Our number one issue is wages. New Jersey transit engineers
are among the lowest paid in the entire country.

Speaker 1 (02:08):
Well, that's the union leader talking about recent negotiations. And
they did get an offer from New Jersey and they
turned it down. And when they got that offer, ninety percent,
ninety percent of union workers say they are prepared to
go out on strike on May sixteenth. That will affect
almost one million commuters. Another huge story that broke yesterday

(02:36):
is that the Trump administration may the Justice Department is
considering charges against Letitia James. And for that we go
to Ariy Hoffman, who is the associate editor of The
New York Sun. Very good to talk to you again.

Speaker 7 (02:52):
Thank you so much, Larry's It's it's wonderful.

Speaker 1 (02:54):
To be back go through what she could be charged with,
because they in this referral, they were pretty detailed.

Speaker 7 (03:03):
Sure, you know, this is a referral that came from
the director of the Federal Housing Finance Agency, William Poult. Remember,
a criminal referral really can come sort of from anywhere.
It's not the same as an indictment. But what it
is is it's a recommendation to the Department of Justice
to investigate and possibly to bring charges. Right, So this

(03:26):
letter was addressed to Attorney General Pam Bondi and her
chief deputy Todd Blanche. You people might have heard of
criminal referrals most often in the case of contempt charges. Right,
So when Congress will recommend that someone be held in contempt,
Congress can't file charges itself, but it asked the Department

(03:48):
of Justice to do that sort of famously recently, the
January sixth Committee, remember, asked the DOJ to pursue criminal
charges against Donald Trump. So these referral details misrepresentations, misrepresentations
concerning properties and mortgages. They go back all the way

(04:09):
to twenty eighteen. That the letter acknowledges that once you
start getting that far back, you might face issues with
statute of limitations, meaning that the possible charges could have expired.
But really the meat of this concerns twenty twenty three
and misrepresenting her residence at a property in Virginia when

(04:32):
in fact he was obligated to live in New York
per New York law as New York's top law enforcement official.
What's really rich about this, Larry, and we've spoken about
this on this program before, is these misrepresentations allegedly date
to right before charges were brought against Donald Trump for

(04:52):
civil fraud concerning misrepresentations himself relative to his properties. It's almost,
you know, an irony worthy of Shakespeare, and a very
New York irony. I would add that, you know, just
as as Latissa James was putting together the final touches
on her case against Trump, which is now on appeal,

(05:14):
and we could talk about that more. Yes, you know
she was. She was allegedly you know, doing uh sort
of also fudging fudging the fudging the information, and had
her eye on a property in Norfolk, Virginia, rather than
than one here in New York.

Speaker 1 (05:30):
I'll tell you what the unmitigated gall of that, if
it's true, if if this referral and what she's being
accused of is true, the unmitigated gall she never stopped
for a second to say, Hey, I'm accusing him of
something I'm doing right now. I guess you just thought
she would never get caught.

Speaker 7 (05:51):
Yeah, I mean, the letter alleges that she false toyed
bank documents and property records to acquire government backed assistance
and loans and more favorable loan terms to purchase a
residence in Virginia. There's also an allegation that you sort
of miss misstated the size of a of a residence
that here and here in Brooklyn for sort of more

(06:14):
favorable tax purposes. The irony of that, Larry, as you
know well, is the core of Leticia James's case against
Trump was that he exaggerated the size of his properties
and and and that that argument really did carry the
day with Judge anger On, who slapped a four hundred

(06:35):
and fifty million dollar plus penalty for for those misrepresentations.
So it's a kind of good for the goose, good
for the gander situation. Maybe being hoisted on your own
petard might be.

Speaker 1 (06:50):
Here there you go. You know what they say about karma,
that's the one I would have used. But that family program,
that's exactly right. So let's let's talk about the appellate
court that's looking at the Donald Trump case when it
comes to him exaggerating how much his properties were worth
to get a loan. We both talked about this. Both

(07:11):
of us watched online the entire proceedings, and it seemed like,
right after those proceedings, while this case is either getting
thrown out or they are going to minimize the penalty,
because they were even talking about censuring some of the
attorneys for bringing this case in the first place. And
now that was before the election. Now we waited months.

(07:32):
I know these things take time, but what can we
read into it that this is taking a little bit
more time than most right?

Speaker 7 (07:41):
Yeah, absolutely, And you know I think you and I
and as well as other observers, noted the skepticism with
which the appellate Court treated Judge and Gron's verdict. There
was comments that this amounted to a commercial dispute, that
the fine was seen and excessive, as well as the

(08:02):
other strictures on on Trump's ability to operate in New York.
I think I think one is to say that judges
are probably aware that this was a very is a
very political case, and I think that maybe explains why
they've waited, you know, since until the election and and
and maybe even the inauguration. Hard to know, hard to

(08:23):
know whether they're they're sort of weighing, you know, do
they entirely vacate the judgment order a new trial. Do
they cut down the penalty but keep the essential verdict intact.
I think there's some probably strategizing going on about how
exactly to to move forward. Remember something similar happened with
Judge Juan Mershan in the Stormy Daniels case, where he

(08:47):
he kind of kept the guilty verdict but basically gave Trump,
you know, a suspended sentence and unconditional discharge. I wonder
if there's a similar formula that could be arrived at here.
I think the difficulty for for legsia James at this
point is she could now face losses on two fronts,
a reversal of her Crown Jewel verdict and the prospect

(09:10):
of a criminal investigation of her own. One thing to
look out for, though, is if the d J is
going to investigate it, you'd have to find some federal
hook to these alleged violations, right, So that that's not
immediately clear to me. Right, it happened in Virginia too.

Speaker 1 (09:29):
It happened in Virginia, right, So it crossed state lines.

Speaker 7 (09:32):
Right, that that could be That could be one possibility.
But it's you know, it's just as it would be
unlikely that Pambondi's d J would investigate Trump. It's it's
unlikely that you know that Leticia James's you know, office,
would would investigate her. So we would, we we would,
we would Where we are looking at a New York
federal government clash.

Speaker 1 (09:53):
I think, well, that was fascinating. Thanks so much, Erry Hoffman.
We'll have you back soon, Associate editor of The New
York Sun. Thanks for spending the morning with us a
little bit. Take well, Man, I can't wait for that case.
I just can't wait. It's just it is so rich
in irony. It is so it is incredible that she

(10:14):
was doing the exact same thing she went after Donald
Trump for Well, CBS, how about this. This is amazing.
CBS TV host Gail King is very disappointed by all
of us because of our reaction to her eleven minute
trip into space. Some even thought it was fake. We'll
discuss it after the break. Plus, we have tickets to
give away at age twenty five to see the Doobie

(10:37):
Brothers with Michael McDonald's. Well, have you been on social
media recently, because if you've been on for any amount
of time, you have seen people claiming that the all
female I don't even know what to call it flight,
the all female flight on Blue Horizon.

Speaker 8 (10:57):
The trip trip space excursion.

Speaker 1 (11:02):
Yeah, that's right, a little travel trip, a cruise with
an all female.

Speaker 9 (11:10):
Crew.

Speaker 1 (11:11):
And then people like Katy Perry and Gail King and
Lora Sanchez were on there, so they had celebrities. They
had seven women on the flight, and they made a
big deal about it at the time. We talked about
it at the time, Katy Perry came out and kissed
the ground, Gail King and Oprah were crying, and the
whole thing took eleven minutes, it went up, it came
back down. On social media, everybody, it seems like everybody.

(11:37):
I shouldn't say everybody, but it certainly seems like everybody
thinks it's fake. It is amazing as you go through this,
everybody thought it was fake, and they go through all
of the reasons why it was fake. One of them
is there's no burnmarks. And I don't know. I don't
know when you get the burn marks when you break

(11:59):
the app. I wouldn't know.

Speaker 3 (12:01):
But if that person knows, all.

Speaker 1 (12:04):
Right, there was no burn marks. They were saying that
if you look at it closely while it's in the air,
it's a hologram. It's not really a real craft.

Speaker 9 (12:14):
Uh.

Speaker 1 (12:14):
And and so the one person that was on the flight,
by the way, Katie Perry, for some reason, is getting
the most flack what for being up there. And I
don't know why she's getting the most attention. I think
I think because she came out of there and she
went to the ground and kissed the ground, you know,
like like she had been away forever. She's a performer.

(12:36):
And but not only that, I would kiss the ground
if I was going up in the space, I'd worry
the entire time. I would I would be kissing the
ground that I was alive.

Speaker 3 (12:44):
Yes, it wasn't, because you know, I just had this
moment of clarity of the universe.

Speaker 1 (12:49):
I'd be, oh, my gosh, I'm still here. I've seen
enough of these crafts blow up light after take off, right.

Speaker 3 (12:56):
I have to tell you when we were watching it
live and I was nervous. I really wasn't. Every time
I saw you know, the flame or house Ooh, yeah,
there's no way. I don't know how much you would
have to pay me to do that.

Speaker 1 (13:10):
But but and they're saying nasty things about all the
people that were on board. If you go to social media,
it's a cesspool. They're just here killing these these poor women.

Speaker 8 (13:21):
Well, we talked about it yesterday about how they're already
saying it's like a hoax.

Speaker 7 (13:25):
Yeah.

Speaker 3 (13:25):
I mean they're also you know, saying how frivolous it was,
you know, so much money spent on what really should
be deemed a pr stunt. Okay, Well, if it's somebody's
money and they want to spend it, I guess that's fine.

Speaker 1 (13:39):
Well, no, he wants he wants to make a business
out of this. He wants to have these flights and
bring people on, so it's a better way of getting
all this publicity right per me. So yeah, it was
a PR stunt. Absolutely was a PR stunt. People do
it all the time, right.

Speaker 3 (13:55):
But but Gail King did say something about how this
is trying to save the earth, you know, to be
places to put out garbage somewhere else.

Speaker 8 (14:03):
I was like, oh, come on, don't ruin it, Gale. Right,
it is like putting a one sauce on a steak.

Speaker 1 (14:09):
Right, exactly exactly, you know what it was. It was cool.
It was cool for the people that took the trip,
and it certainly everybody watched it, everybody's talking about it.
So if it was to promote the business he's going
to have with space tourism, then it was brilliant.

Speaker 3 (14:24):
And my takeaway was the space suits that they had on.
They apparently say they look good on everybody. So I
was like, oh, well, baby, she's got a whole fashion
line coming now.

Speaker 1 (14:34):
You have space suits.

Speaker 8 (14:36):
If they look good on everybody and they're warm and comfy,
women will wear them.

Speaker 6 (14:41):
Yeah.

Speaker 1 (14:42):
So Gail King talked about this on her show, and
she's talked about how upset she is at the blowback
from this.

Speaker 5 (14:51):
This is what bothers me because I've certainly read some
of the things online coming from people that I know
that I like, that I consider friends. And this is
what I would say to that. Space is not an
either or, it's a both and. And because you do
something in space doesn't mean you're taking anything away from Earth.
And what you're doing in space is trying to make

(15:13):
things better here on Earth.

Speaker 1 (15:15):
Sometimes I don't understand her. She's a little word salary. Yeah,
it was just because you do things in space. By
the way, is space she yes, space, Jason is a
great way to put it. It was space adjacent is
much different. I'm not taking anything away from Earth, right right?

(15:35):
Who said that? Who in the world said she was
taking away something from Earth? But she goes on, have
you been?

Speaker 5 (15:43):
Have you been? If you've been and you still feel
that way after you come back, please let's have a conversation.

Speaker 1 (15:50):
So you have no room to talk to you. You
cannot talk about this because you you know what I'm
now with all the people on social media, because she is,
she's awful with her answers.

Speaker 5 (16:03):
Please don't call it a ride. That is not a
friggin ride. Whenever a man goes up, you have never
said to an asshoct boy, what a ride? You know,
we duplicated the same trajectory that Alan Shepperd did back
in the day. Pretty much no one called that a ride.

Speaker 1 (16:18):
Yeah, So even the women online that were calling it
a ride, they're sexist. They're sexist.

Speaker 9 (16:24):
Man.

Speaker 1 (16:27):
She's got to get over herself. She made it worse.

Speaker 3 (16:30):
I mean, she should have known there was going to
be some criticism and be prepared for that. It looked
like she was shocked, she was criticized.

Speaker 1 (16:36):
I will tell you this, I didn't expect that much
criticism and there Yeah, I.

Speaker 8 (16:41):
Didn't either, Honestly, this world always yeah right.

Speaker 1 (16:46):
Let's get the news at seven thirty now with Jaqueline
Carl Jacqueline.

Speaker 8 (16:49):
Good morning. The chairman of the Federal Reserve is predicting
inflation to rise and economic growth just slow because of tariffs.
Speaking at the Economic Club of Chicago, Jerome Powell said
the Fed may find themselves in a tough situation where
their goals to control inflation and support growth in the
economy are intention andath already say two hundred and six

(17:09):
undocumented criminal immigrants have just been arrested in the New
York City area by ICE agents.

Speaker 10 (17:15):
ICE official say the arrests focused on egregious offenders in
the Big Apple, Long Island and the Lower Hudson Valley
region during an enhanced operation from April sixth to the twelfth.
Mayor Eric Adams.

Speaker 6 (17:27):
We need to go after those who commit violent acts,
and those who commit.

Speaker 1 (17:30):
Violent acts after they're deployed.

Speaker 6 (17:32):
They should be after they are of survey time, they.

Speaker 1 (17:35):
Should be deported.

Speaker 10 (17:36):
ICE official say more than half of those apprehended has
significant criminal convictions or are facing charges for serious crimes
such as murder and assault, and some are even gang members.
I'm Scott Pringle WR News.

Speaker 8 (17:48):
All right, so I have to warn you this story
is a little bit on the it's gross adjacent, so
but it's you'll understand why I'm doing it at the
end of the story. A forty seven year old Pennsylvania
woman your town Larry, identified as Crystal Gousse, has been
arrested after a legendly going number two inside the beer

(18:10):
cave of a Royal Farms convenience store in Hanover. Don't
these people realize there's cameras everywhere. Surveillance footage reportedly shows
Gows pushing aside a case of alcoholic beverages, dropping her pants,
and pooping on the shelves before leaving the store. The
incident resulted in approximately eighty dollars worth of merchandise being lost.
But here's where it gets interesting. Guess what she does

(18:31):
for a living. You'll never guess. Gous is the director
of food and nutrition for the local school district, and
it's facing charges including open lewdness, criminal mischief, and disorderly conduct.
Now I know that this probably was an emergency, but yes,
it's not. You're the director of food nutrition for the

(18:51):
local school district. Go in your car.

Speaker 2 (18:53):
You know.

Speaker 1 (18:54):
I went from being grossed out to I pressed because
you said she went on a shelf. I'm doing. It's interesting.

Speaker 8 (19:01):
I think she was trying to hide, like she was
really trying to hide herself as best she could, but
it didn't work.

Speaker 1 (19:06):
The camera surveillance cameras caught the whole thing. Oh high
was it? The shelf? I mean, how do you get
yourself in the details? Try to picture this, Try how
you can possibly squeeze yourself into a shelf to poop
on the shelff.

Speaker 8 (19:24):
On a shelf, But it's poop on the you have
to find it every day.

Speaker 1 (19:29):
It's a mystery to me. I got a man, don't
try at all. Thanks so much, Jacqueline carl is AI
making us less smart. Jim Ryan from ABC News reveals
a new poll that shows Americans have real concerns about
AI's impact on young minds. And you want to add

(19:52):
to the conversation, just leave us a talk back. Go
to seven to ten w R on the iHeartRadio app
and click the microphone and when you're there, put seven
to ten WOER on your preset so it's always easy
to find us. And world renowned illusionist in Duran's artist
and master of the Impossible, David Blaine sits down for

(20:13):
a deep and insightful conversation that goes far beyond magic.
Open the free iHeartRadio app and search on Purpose with
Jay Shetty and listen as David Blaine reveals how he
prepares for the extreme feats that defy human expectations. Well,
we were talking about artificial intelligence yesterday and from your talkbacks,

(20:37):
many people are concerned about artificial intelligence at being used
in your jobs, possibly replacing you in your jobs. And
we found out from Greg g and Grande, the HR
specialist we talk to every week, that companies are actually
looking at positions to find out how many can be replaced.
So there is some concerns. But how much, even though

(21:00):
we talk about it all the time, how much do
people really know about AI? How much do they understand
its capabilities and what it's can do? And there's been
a survey add on that and for more on that,
we talked to Jim Ryan, ABC News correspondent in Dallas.
Thanks for joining us this morning, Jim Morning. Larry.

Speaker 11 (21:20):
Yeah, the Quidnipiac, which does pulling on all sorts of
issues throughout the year and various topics, has taken a
look at this asking about artificial intelligence, asking about people's
comfort level with AI, and finding that by and large,
people are not that comfortable with it. They're concerned about
the potential for abuse by AI. But it depends largely

(21:43):
upon a the age of the person you're asking. The
younger they are, the more comfortable they are with it,
and b the position that you're asking AI to take
or the job that you're asking it to do.

Speaker 1 (21:55):
Larry, No, I understand that, and I think it's just
a great fear of the unknown. I guess some of
the fears are realistic about it taking over some possible jobs,
but it seems like it would just aid in jobs
more than that. But I was taken by the study
and how many people admit they really they're afraid of it,

(22:15):
but they really don't know much about it.

Speaker 11 (22:18):
Well, yeah, and are using it. Four in ten Americans
say they use AI artificial intelligence like chat, GPT or
Google or other different other kinds of AI products. Every
day they're using these things. And yeah, so while they're
using it, they may not understand it fully, but and
they may not trust it fully, and yet still it

(22:39):
is convenient and it's creating ways to save labor. Let's
talk to somebody earlier this morning, Larry, about this. And
people are predicting that AI is going to destroy civilization.
People were saying the same thing about the Apicus thousands
of years ago. You don't have to learn math anymore
because this machine is going to do it for you.
Just slide these beads across here and count them up.
But in ten Americans right now are either very concerned

(23:02):
or somewhat concerned that AI will diminish the ability of
the youngest generation to think for themselves.

Speaker 1 (23:09):
Yeah. Now I have members of the youngest generation in
my family. I have one going to college. I have
won in high school and it is amazing how much
they embraced AI. And at first in the colleges, in
the high schools that you may be well aware of,
they were banning it. They didn't want people to use AI.
Now they're accepting it. Now they say, just put it

(23:29):
down as a reference. But and let us know what
you used it for. The things you can do with
it are immense.

Speaker 11 (23:37):
They are absolutely and there are limits still to what
you can do with the AI. Related to academic work.
I part time teach a journalism class at a university
here in Dallas Fort Worth, and a kid two semesters
ago turned in a paper and I knew it was
not his own work, right, And so I ran it
through an AI program and the AI program said, this

(24:01):
isn't his work?

Speaker 1 (24:02):
Are you crazy?

Speaker 11 (24:02):
This isn't. This was AI generated, published somewhere else and
submitted to you as an original work, and that's not accepted.
You can't do that. So there are limits. I mean,
plagiarism is plagiarism, whether you're sitting down and looking at
somebody else's work, or having AI create your work for you.

Speaker 1 (24:20):
Now, we should all be concerned about AI because I
have a friend who owns some radio stations, small radio
stations in New Jersey, and for right now overnight he
is using AI as the DJ, and he talks about
how wonderful it is, how great it is because when
you wanted to do something like give it the time
every half hour, you just program it to do that,

(24:42):
and it does it. But it sounds like it sounds
like a human, So we can all be replaced.

Speaker 11 (24:47):
Jim, Well, that's comfortings. I hope that teaching position is
still open for you. This is scary though. I just
saw this article about an hour ago Wired. I don't
know if you're familiar with Wired. It's a magazine does
sort of text stuff. They have a story about something
called Massive Blue, which is a company based in New

(25:07):
York and is an AI product that's being offered to
law enforcement. And so this Massive Blue sends out what
looks like a person texting or chatting with others about potentially,
you know, child abuse, or talking about protests, something like protests.
So this thing is out there talking about organizing protests,

(25:30):
trying to get others involved. Walking a fine line between thwarting,
between catching criminals and quelling free speech, aren't we Yeah?

Speaker 1 (25:40):
No, there's going to be some great and interesting ethical
and moral questions about AI coming up. But I read
an article recently they said that AI we're going to
be surprised how much it helps us. It really can't
replace most jobs, sure, but we can use it to
do our jobs better. And I held onto that article

(26:00):
hoping and believing that is true. Is that what you've
found is that what the survey says.

Speaker 11 (26:06):
And Quinnipiac finds that too, that we're comfortable with AI
doing certain things, for example, medical advances. Fifty nine percent
of Americans think AI will do more good than harm
when it comes to medical advances. In crime fighting, a
majority of Americans fifties through out of a huge majority,
but fifty three percent say they're okay with police using

(26:27):
AI to identify suspects with things like facial recognition. But
start talking about screening health insurance claims or loan applications
or job applications, people are a little more squeamish about that.
They want to have a person sitting there in front
of them.

Speaker 1 (26:42):
I get it. I get it. But I think we're
all going to be more accepting of AI until it
takes over the country, and then we'll realize we were
all wrong until there's the AI revolution and that a
lot of people are saying it's going to happen when
it actually takes over. That's a great sci fi movie though.

Speaker 11 (27:00):
Yeah, they're out there already. We've seen this.

Speaker 1 (27:03):
Jim Ryan, ABC News correspondent, Thanks so much, Hillary, A
lot of you talked about on our talkback about the
conversation we were having about Blue Horizon and all the
people claiming it was fake, and thank you so much
for your Talkbacksson.

Speaker 9 (27:19):
Guys, look, you watch guys go up in jets.

Speaker 10 (27:23):
They have to have oxygen masks on helmets and all that.

Speaker 7 (27:27):
What come on, these girls were in the bouncy thing there.

Speaker 1 (27:30):
They were laughing, they were giggling. First of all, this
is a few women that got a lot of money
and paid for.

Speaker 9 (27:37):
A long ride. They were not in space and they
were not a crew. They were passengers.

Speaker 7 (27:46):
Let's just say it how it is.

Speaker 1 (27:47):
Come on, well, they never claimed to be part of
the crew. There was a crew on board, but wow,
it's just I can't believe how many people truly believe this,
and I guess it's because they all looked good when
they got back and the spacecraft looked good. But you
know what they had to would have to go through

(28:09):
to fake that.

Speaker 9 (28:10):
William Shatner also went on the same ride as Gail King,
Katie Perry and etcetera, etc. Yes, it's like a ride
and William Shatner was ninety years old.

Speaker 1 (28:23):
Yeah, there you go, and he looked good when he
came back. Hey, if you want to buy an imported car,
you better do it fast before the tariffs hit. WR corresponded.
Rury O'Neil says a lot of people are doing it.
We'll talk to him next. Oh, are in the market
for an imported car? Have you always wanted one? Apparently
people are now rushing the dealerships to get them if

(28:44):
they've always wanted one and they've been putting it off.
They're worried, of course about the tariffs and that the
prices will go way up on these imported cars, and
they're trying to get out there quick. Ruriy O'Neil, WR
National Corresponded has been covering this. I saw a story
about this where they use the word panic is there
real panic.

Speaker 6 (29:05):
I wouldn't go that far, but it's certainly a bit
of a shopping spree. Not quite like it's a cabbage
patch dollar or something like that. But you know, at
the beginning of March, Cox Automotive said there was a
ninety one day supply of automobiles out there, new cars
at the beginning of March, ninety one days. Well, now
at the beginning of April, it's down to seventy days

(29:25):
of supply. So it just shows how much people have
been out there snatching up inventory. Because even if there
are big tariffs on imported cars, the way that car
even the US cars are made, there could be tariffs
on a lot of parts that could cause prices to
go up and a lot of uncertainty. So the hedge
there bets a lot of people are saying, look or
in the market for a car anyway, let's pull the

(29:47):
trigger now before we see some crazy price swing.

Speaker 1 (29:51):
Yeah, there's a lot of people that have been reacting
to the tariffs based on the news, based on them happening.
I know, it's really difficult called to keep up with
you know what I mean, Rory, I mean, every day
something changes, every single day it seems like something changes,
So who knows what's going to happen.

Speaker 6 (30:10):
Right, We do this for a living and it's hard
to keep up, right, So imagine what imagine what mere
mortals are trying to do up there, that's right, So
imagine they also trying to be a business to plan
these things. And you know, when you're trying to say,
if you are the head of Toyota, how do you
plan manufacturing when these tariffs are looming overhead? So yes,

(30:33):
as the President has said many times, you want to
be tariff free, come make your product here in the US.
But boy, good luck finding any US automobile that's one
hundred percent made in America.

Speaker 7 (30:43):
Right.

Speaker 6 (30:44):
Even that's hard to find as many of the parts
come from overseas or from Canada and Mexico. So that's
why we've seen a lot of this car activity. Even
a lot of used cars have been getting snatched up.
The same Coxodomotive report found that the supply of used
cars shrunk by about four days down to thirty nine days.
And look, we've had used car problems really because of

(31:05):
the pandemic and the fallout from that.

Speaker 7 (31:08):
So yeah, if you have your.

Speaker 6 (31:10):
Mind set on the dream car of a specific color
with the right interior. That may be hard to find.
But if you're willing to say I'll take that one
on a lot, you might do.

Speaker 7 (31:19):
Okay.

Speaker 1 (31:20):
You know, it's interesting when you think of imported cars,
you think of a Ferrari or maybe Toyota, or maybe Hyundai.
But many of those cars, especially Hyundai and Toyota, are
made in America, and many of the American cars are
made in Canada and Mexico and elsewhere. So even defining
what an imported car is these days is difficult. I know,

(31:43):
the standard definition is that the brand and the headquarters
is somewhere else, but it's not necessarily made.

Speaker 6 (31:49):
There, right, And in many cases we'll hear that word
assembled in America. I mean there are major BMW plants
in Alabama and South Carolina, and you know, plants from
Toyota in Kentucky. But where the cars are assembled, but
they're manufactured or the creation of the panels and engines

(32:10):
and parts and the light can come from all over
the world. So trying to track exactly how much of
a car is American made is actually pretty difficult.

Speaker 1 (32:18):
Do we have a number on this yet? I know
it's a moving target. Because the terraffs go up and
down in cars, the terrafts go up and down in aluminum.
There's exceptions made for certain countries, there's exception made for
different products. There's a pause put on it. Every single day.
It seems to change. But is there a number yet
where analysts say prices are going to go up this

(32:39):
much on cars if the tariffs go through. Yeah, it's
hard to say.

Speaker 6 (32:44):
And look, we've even seen American car companies like Ford Stlantis, Chrysler,
they've actually been lowering prices, offering these employee pricing deals
now to sort of really juice the market and clear
out some of their inventory. So, I mean, it's been
a remarkable mix out there right now, as it's like
a mad Max scenario.

Speaker 1 (33:06):
Very well put Rory O'Neil wr National corresponded, Thanks so much,
good to talk to you. Oh this is gonna be good.
High profile attorney Jeffrey Lickman is up next to talk
about the charges expected to be filed against Attorney General
Letitia James because of alleged real estate fraud. Fate is

(33:27):
a funny thing, isn't it. It's Jeffrey Lickman coming up
after the eight o'clock news
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