Latest / The Ben Ferguson Podcast / HUGE WIN FOR PARENTS! NEW Bill Filed in Florida Would Allow Audio and Video Recordings in Classrooms. EVERY STATE SHOULD DO THIS!
Transcript
- 0:00Speaker 1: Democrats ring in the new year with a new idea,
- 0:03Speaker 1: less transparency and fewer rights for you as adults. Welcome
- 0:09Speaker 1: to America in twenty twenty two. There are two major
- 0:12Speaker 1: stories today that I'm going to talk about. One of
- 0:15Speaker 1: them deals with lack of transparency in the classroom. Democrats
- 0:20Speaker 1: are freaking out now over a bill that should be
- 0:22Speaker 1: filed in every state, that has been filed in Florida
- 0:26Speaker 1: that would allow video and audio recordings in the classroom.
- 0:29Speaker 1: We're going to deal with that, and why are they
- 0:31Speaker 1: fighting transparency? Number one? There's another news story that's important.
- 0:36Speaker 1: That is this The average American now in this country
- 0:39Speaker 1: cannot even afford to buy a used car. Why use
- 0:43Speaker 1: car prices of skyrocketed to twenty nine thousand dollars. That
- 0:46Speaker 1: is the average cost of a used car now. And
- 0:49Speaker 1: how much is a new car average price? I'm going
- 0:52Speaker 1: to tell you in a moment this as the media
- 0:54Speaker 1: tries to mind trick you into believing that everything is
- 0:58Speaker 1: going amazingly well with the economy. Now, before we get
- 1:02Speaker 1: into these stories, I want to remind you I need
- 1:04Speaker 1: your help. A liberal website attacked our podcast this past
- 1:07Speaker 1: week and got people to write a unbelievable number of
- 1:12Speaker 1: negative reviews. So if you're listening to this, we need
- 1:14Speaker 1: you to help us. Please while you're listening, right and
- 1:18Speaker 1: say five star review. Wherever you're listening to this podcast,
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- 1:30Speaker 1: All right, there is a major bill that has been
- 1:34Speaker 1: filed in Florida. And this is a bill that every
- 1:38Speaker 1: single person listening should be advocating for in your state. Now.
- 1:43Speaker 1: When I tell you to advocate for it, that means
- 1:45Speaker 1: more than just saying I like it. You need to
- 1:48Speaker 1: be calling your local state representative, and you need to
- 1:51Speaker 1: be calling your local state senator. Forget calling the governor, Okay,
- 1:56Speaker 1: start with your local lawmakers. You're local state rep and
- 2:01Speaker 1: your local state senator. Because what they're trying to do
- 2:05Speaker 1: in Florida right now, and this is unbelievably brilliant, and
- 2:09Speaker 1: it's also being met with a massive amount of opposition
- 2:15Speaker 1: from the teachers unions and the left because they don't
- 2:20Speaker 1: want you to see what's going on in your child's classroom,
- 2:24Speaker 1: and they sure as hell don't want you to hear
- 2:26Speaker 1: what's going on in your child's classroom. Now, how do
- 2:29Speaker 1: I know that? Because of their response, there are Democrats.
- 2:33Speaker 1: Now they're saying, fine, we'll allow you to put a
- 2:35Speaker 1: camera in the classroom, but we do not want you
- 2:38Speaker 1: to have audio of what's coming out of the mouths
- 2:42Speaker 1: of teachers to your children's ears, because that's where they
- 2:47Speaker 1: know they're going to get in trouble. I am going
- 2:50Speaker 1: to play for you a local newscast from WFLA Channel
- 2:55Speaker 1: eight in Florida, and I want you to hear how
- 2:59Speaker 1: they describe this bill. There's been filed to seek to
- 3:02Speaker 1: allow not just video but also audio recordings in every
- 3:07Speaker 1: school classroom in the States. Public schools and every state
- 3:12Speaker 1: in America that believes in freedom should be doing. This
- 3:15Speaker 1: bill in the state legislature would allow schools to install
- 3:18Speaker 1: cameras in classrooms to record classroom instruction and let parents
- 3:22Speaker 1: review the footage if there is ever an incidence. A
- 3:25Speaker 1: bill would force certain classroom teachers to wear a microphone
- 3:28Speaker 1: and require a written explanation if that recording is interrupted.
- 3:31Speaker 1: Political reporter and Madonovan joins us from the newsroom with
- 3:34Speaker 1: the details. The bill would attempt to protect student privacy
- 3:38Speaker 1: by forcing the images of other students to be blurred,
- 3:42Speaker 1: and schools would be required to hold onto the recordings
- 3:44Speaker 1: for at least three months. The bill is sponsored by
- 3:47Speaker 1: state Representative Bob Rommel of Naples. It would allow school
- 3:51Speaker 1: districts to install video cameras in classrooms for the purposes
- 3:55Speaker 1: of recording an incident, which it defines as abuse or
- 3:59Speaker 1: neglect of a student by an employee or another student.
- 4:02Speaker 1: Parents of a child involved in an incident must be
- 4:05Speaker 1: allowed to review the video within a week, but the
- 4:08Speaker 1: identity of other students who aren't involved must be blurred.
- 4:12Speaker 1: Teachers must wear microphones, and the camera has to be
- 4:15Speaker 1: at the front of the classroom, capable of monitoring video
- 4:19Speaker 1: and audio from all areas except a restroom or other
- 4:23Speaker 1: changing area. Parents, students, and employees must be notified before
- 4:27Speaker 1: cameras are installed, and principles would be in charge of
- 4:31Speaker 1: all recordings, which must be kept for three months or
- 4:34Speaker 1: until the conclusion of any investigation or any administrative or
- 4:38Speaker 1: legal proceedings. After that, the video must be destroyed. The
- 4:42Speaker 1: cameras cannot be live streamed or continually monitored, and videos
- 4:47Speaker 1: cannot be used for teacher evaluations. The law would require.
- 4:51Speaker 1: By the way, I just got to stop here. Why
- 4:54Speaker 1: shouldn't you be able to live stream this, at least
- 4:58Speaker 1: the audio at the bare men? Why should you have to,
- 5:02Speaker 1: you know, go in there and request to see video
- 5:05Speaker 1: and have to do all this paperwork. Why shouldn't parents
- 5:08Speaker 1: be able to see And I'm asked this question because
- 5:11Speaker 1: I already know why they're doing it this way, because
- 5:13Speaker 1: this is like the only possible compromise you can make
- 5:17Speaker 1: with the Left. And they're also saying, well, this is privacy.
- 5:20Speaker 1: You're right, you shouldn't be able to spy on other
- 5:22Speaker 1: kids that aren't your kid. Well, we're not saying the
- 5:24Speaker 1: whole world should be able to see it, But if
- 5:26Speaker 1: your child is in a classroom, should you be able
- 5:28Speaker 1: to log into that classroom and be able to monitor
- 5:32Speaker 1: your kid in that classroom? There are cameras, by the way,
- 5:35Speaker 1: and people, there's all these privacy people that say, well,
- 5:37Speaker 1: there's privacy, this, privacy that, And I understand privacy, and
- 5:40Speaker 1: I'm an advocate for privacy, but let's be very honest,
- 5:43Speaker 1: I should have the right to see what they're teaching
- 5:45Speaker 1: my kid, and it shouldn't be that hard for me
- 5:47Speaker 1: to see it. Or to hear it, because I know
- 5:50Speaker 1: the teachers lie, and I know the teachers unionize. I
- 5:52Speaker 1: know they lie about the curriculum, and I know they
- 5:54Speaker 1: lie about critical race theory, and I know they lie
- 5:56Speaker 1: about politics, and I know they lie about about students
- 5:59Speaker 1: that have been bullied because they are conservative. And if
- 6:02Speaker 1: we really want transparency in the classroom, then this is
- 6:06Speaker 1: I would argue, how we get that transparency. This is
- 6:10Speaker 1: what we do if we want transparency. And if you're
- 6:15Speaker 1: genuinely teaching a kid reading, writing, an arithmetic, history, math,
- 6:22Speaker 1: all of these things, then as a teacher, you should
- 6:25Speaker 1: care less if there is a camera in the classroom.
- 6:29Speaker 1: In fact, I would even make it go a step
- 6:31Speaker 1: further in this argument. Right now, if it's all about
- 6:36Speaker 1: privacy and it's all about you know, concealing the students,
- 6:39Speaker 1: then how are we doing distance learning the way we're
- 6:41Speaker 1: doing distance learning, because any parent can take a video
- 6:44Speaker 1: of any kid's screen, or they can literally record a
- 6:49Speaker 1: kid's class right now, when we're doing distance learning and
- 6:52Speaker 1: have been over the over the last year, all over
- 6:55Speaker 1: the country, like it's obvious, it's very obvious, folks, it's
- 7:00Speaker 1: a it's abundantly clear that this is anyone that's fighting
- 7:05Speaker 1: against this. You have to ask the question, why why
- 7:07Speaker 1: are they fighting against it? What is the point of
- 7:10Speaker 1: fighting against it? You're doing it right now in a
- 7:13Speaker 1: way that clearly has been done for quite some time.
- 7:18Speaker 1: The idea that you got to blur out the kids.
- 7:20Speaker 1: They're not blurring out faces when they have the classes
- 7:23Speaker 1: that are social right now. No one was arguing over this.
- 7:26Speaker 1: No one was fighting over this. Now they are. We
- 7:31Speaker 1: should have transparency in the classroom. We should be able
- 7:34Speaker 1: to see what the teachers are teaching, and you shouldn't
- 7:38Speaker 1: have to jump through a bunch of few hoops to
- 7:39Speaker 1: actually see it. They're all school districts to complete and
- 7:42Speaker 1: vote on whether to implement classroom cameras by January first,
- 7:46Speaker 1: twenty twenty three. The bill was just filed this week,
- 7:50Speaker 1: so it has not yet been heard by committee. That
- 7:52Speaker 1: could happen as soon as the legislative session starts, which
- 7:56Speaker 1: will begin January eleventh. And now. I believe that every
- 8:02Speaker 1: parent should be allowed to see video and audio. I
- 8:05Speaker 1: actually believe it should be streamed. I don't think you
- 8:09Speaker 1: should have to go in and I don't think you
- 8:11Speaker 1: have to you che have to do any of this.
- 8:14Speaker 1: Now in addition, they say it would require teachers to
- 8:16Speaker 1: wear these microphones. I think that's brilliant. And if they
- 8:20Speaker 1: don't like it, then again, go back to the teachers
- 8:23Speaker 1: unions and say, you're the ones that allowed for microphone
- 8:25Speaker 1: and videos to be staring at a teacher's face all
- 8:27Speaker 1: day long while she was teaching kids, because you guys
- 8:29Speaker 1: shut down the schools. They all say it would permit
- 8:33Speaker 1: parents to review video of incidents. Why should it just
- 8:37Speaker 1: be incidents. Why shouldn't it be what they're teaching their
- 8:40Speaker 1: kids or maybe what they're not teaching their kids, Because
- 8:43Speaker 1: it's not for me about the instance, it's about the transparency.
- 8:49Speaker 1: For me, it's about what are you teaching my kids
- 8:51Speaker 1: or maybe better way of putting us, what are you
- 8:52Speaker 1: indoctrinating our kids with. I don't want to see an
- 8:56Speaker 1: incident there's a fight. I mean I do, yes, don't
- 8:59Speaker 1: get wrong, but I want to see what you're actually
- 9:01Speaker 1: telling my kids. I want to see what you're if
- 9:05Speaker 1: they're learning. I want to see how the teacher acts
- 9:08Speaker 1: when no one else is around. I think this is
- 9:10Speaker 1: an amazing idea. Now they say, well, this is helicopter parents,
- 9:13Speaker 1: and then you're gonna have parents that are too involved.
- 9:15Speaker 1: You gonna have parents constantly questioning teachers and nagging teachers,
- 9:19Speaker 1: and you're gonna have parents are gonna say, see, you're
- 9:21Speaker 1: not teaching my kid, you're not giving my kid the
- 9:23Speaker 1: attention they deserve with all due respect, just being totally honest.
- 9:27Speaker 1: Here in the public schools, that's usually not the problem.
- 9:31Speaker 1: The problems usually parents totally uninvolved in their kids' lives. Now,
- 9:36Speaker 1: the real problem we have in this country is that
- 9:39Speaker 1: usually parents are totally uninvolved in their kids' lives in
- 9:44Speaker 1: the public school I argue that, if anything, if you
- 9:49Speaker 1: put these cameras in kids classrooms, you might actually have
- 9:53Speaker 1: parents that are uninvolved in their kids education start to
- 9:57Speaker 1: become involved in their kids education. They may realize just
- 10:03Speaker 1: how broken their failing schools are. Because it's one thing
- 10:06Speaker 1: to read a stat it's another thing to understand it
- 10:09Speaker 1: and to believe it. I'll equate this real quick with
- 10:12Speaker 1: your bank account. Are you really broke until you pull
- 10:15Speaker 1: out your debit card and it doesn't work a lot
- 10:18Speaker 1: of people don't realize they're broken. They don't have that
- 10:21Speaker 1: oh my gosh, freak out moment until they get declined
- 10:26Speaker 1: that's when that moment usually happens. Usually that's that second
- 10:31Speaker 1: in time where that you know what hits the fan
- 10:34Speaker 1: and people actually freak out. That's when people literally usually
- 10:39Speaker 1: lose their minds, and they lose their minds because that's
- 10:47Speaker 1: the moment that they had not planned whatever happened. They've
- 10:50Speaker 1: been close to rock bottom before, but never had they
- 10:53Speaker 1: actually had that moment happened. Same thing can happen with
- 10:58Speaker 1: parents and watching what's happening in their kids. They may
- 11:01Speaker 1: not realize how bad it is until they actually see
- 11:03Speaker 1: how bad it is untill they witness it firsthand. And
- 11:07Speaker 1: if parents get more involved because of that, then great,
- 11:11Speaker 1: that's not a bad thing. That's a good thing. And
- 11:16Speaker 1: if the teachers, unions, and parents are afraid of parents
- 11:20Speaker 1: involvement in their kids' schools to the point where they're
- 11:25Speaker 1: willing to fight this, then imagine what you're not seeing,
- 11:28Speaker 1: or imagine what they don't want you to see. Transparency,
- 11:33Speaker 1: especially with children, right now, I would argue as more
- 11:36Speaker 1: important than it's ever been. Unfortunately, le you live in
- 11:39Speaker 1: a really, really tough society. We live in a world
- 11:43Speaker 1: right now where there's so much transparency and everything you
- 11:47Speaker 1: do except in the most important areas, specifically, when it
- 11:49Speaker 1: comes to children, I think there should be putting cameras
- 11:54Speaker 1: basically everywhere, childcare centers, after school care centers. I think
- 11:59Speaker 1: they should be doing this in private schools. I think
- 12:02Speaker 1: this is something that people should be able to see
- 12:04Speaker 1: because not only would it help you as a parent,
- 12:08Speaker 1: parent your child, I would argue, have a big camera
- 12:11Speaker 1: on the classroom so you can see if your kid's
- 12:13Speaker 1: not paying attention right it, See if your kid's sleeping
- 12:17Speaker 1: in class, see if your kid's not taking notes. In
- 12:21Speaker 1: a private school, oh, I would love this. I would
- 12:25Speaker 1: love it because then if my son comes home it's like, oh,
- 12:27Speaker 1: the teacher's not teaching well and I don't understand the subject,
- 12:30Speaker 1: I can go look at the tape, and I can
- 12:31Speaker 1: go see if my kids actually even trying. Imagine the
- 12:35Speaker 1: amount of bass you can get rid of. And for parents,
- 12:39Speaker 1: or excuse me, for teachers, I would assume you would
- 12:42Speaker 1: be in favor of this, not against it. And here's why,
- 12:45Speaker 1: because then you can tell parents, go look at the tape.
- 12:49Speaker 1: If you don't believe I'm doing a good job, go
- 12:50Speaker 1: look at your kid. If you don't want to believe me.
- 12:52Speaker 1: When I tell your kids not paying attention, your kids,
- 12:54Speaker 1: not engage, your kids, not involved in the classroom. Go
- 12:57Speaker 1: look at the tape, Go look at everything, look at
- 12:59Speaker 1: what I'm doing, and then look at your child's lack
- 13:02Speaker 1: of interaction, lack of care, lack of desire. Go look
- 13:07Speaker 1: at that and then talk to me. Go look in
- 13:12Speaker 1: that and then explain to me. In fact, I would
- 13:14Speaker 1: argue it could be great for teachers to actually pull
- 13:18Speaker 1: tape and say, look, I'm worried about your kid, and
- 13:21Speaker 1: here's why. You can see that they're totally unengaged. They're
- 13:26Speaker 1: not trying, they're not getting involved, they're not involved in
- 13:30Speaker 1: the class discussions. They're completely disengaged. They're coasting. They don't
- 13:34Speaker 1: care if you can show that video for narcissisic parents
- 13:39Speaker 1: who don't want to believe their kids might not be perfect, right,
- 13:42Speaker 1: because there's too many parents. They believe their kids can
- 13:44Speaker 1: do no wrong and that their kids are perfect and
- 13:46Speaker 1: their kids always do everything right, and they and unfortunately,
- 13:50Speaker 1: what do they do. They blame other people for their problems.
- 13:54Speaker 1: They blame the private schools, they blame the teachers, they
- 13:56Speaker 1: blame everything on somebody else. And a lot of the
- 13:59Speaker 1: kids know also how to manipulate their parents in school.
- 14:05Speaker 1: I think this could make a lot of that go away.
- 14:09Speaker 1: So if you're against this, I gotta wonder why. If
- 14:13Speaker 1: you're the teachers union, I get why you're against us.
- 14:16Speaker 1: This would mean that you would lose the ability to
- 14:18Speaker 1: indoctrinate children the way that you've been doing it. This
- 14:22Speaker 1: would mean that your curriculum would actually be monitored. The
- 14:26Speaker 1: indoctrination of children to become hardcore leftists or those that
- 14:30Speaker 1: are anti America. That would be exposed on a new
- 14:33Speaker 1: level that we'd never seen before. That for me, is
- 14:38Speaker 1: good news. We should go back to just teaching kids reading, writing, arithmetic.
- 14:43Speaker 1: We should not be indoctrinating children. We shouldn't be indoctrinating
- 14:46Speaker 1: them to be conservative, and we shouldn't be indoctrinating them
- 14:48Speaker 1: to be liberal. I want to make that very very clear.
- 14:51Speaker 1: Schools should not be a place of politics. In fact, schools,
- 14:54Speaker 1: I would argue, should be absent of politics if there's
- 14:58Speaker 1: any And I don't believe it's political, by the way,
- 14:59Speaker 1: to teach a kid to have pride in his country.
- 15:02Speaker 1: Some people now see that as a political thing. I don't.
- 15:05Speaker 1: I don't think the pledge of allegiance is political. I
- 15:07Speaker 1: don't think loving America is political, and I don't think
- 15:10Speaker 1: we should be raising a group of society that should
- 15:12Speaker 1: be ashamed of being an American, or embarrassed of America,
- 15:16Speaker 1: or feel like America is the worst country in the world.
- 15:20Speaker 1: And we would get to see some of that. We
- 15:23Speaker 1: would get to see just how corrupt and just how
- 15:28Speaker 1: political the classrooms are. So I go back to what
- 15:32Speaker 1: I said earlier. If you are a parent and you
- 15:35Speaker 1: are hearing this today, and you like this idea, and
- 15:40Speaker 1: I hope that you do, it's an idea that I
- 15:42Speaker 1: think most people should be really excited about it. If
- 15:45Speaker 1: you like this idea, if you support the idea of transparency,
- 15:54Speaker 1: then don't just nod your head and agree with me.
- 15:56Speaker 1: This is one of those moments where you can have
- 15:59Speaker 1: a real impact on your children's education and their future.
- 16:05Speaker 1: What you should do is you should advocate for transparency.
- 16:10Speaker 1: You should call your state rep. You should call your
- 16:13Speaker 1: state senator, and you should advocate for the bill that
- 16:16Speaker 1: they're doing that's just been introduced in Florida. This shouldn't
- 16:20Speaker 1: just be a Florida thing. When other states do things
- 16:24Speaker 1: that are really brilliant and smart. We need to make
- 16:27Speaker 1: sure everybody else that doesn't live in Florida sees it
- 16:30Speaker 1: and hears it and understands it and knows how to
- 16:32Speaker 1: move forward with it. That's what I'm advocating for. This
- 16:37Speaker 1: could fundamentally change public school education in this country. It
- 16:40Speaker 1: could fundamentally change a broken system where there are so
- 16:44Speaker 1: many kids that are being failed right now in failing schools.
- 16:48Speaker 1: This could change it in a major way. That's why
- 16:53Speaker 1: I saw this story and I want to take time
- 16:56Speaker 1: to advocate for it and to tell you how we
- 16:59Speaker 1: need to move forward and how we need to support it.
- 17:01Speaker 1: And this is how we do it, all right, I
- 17:05Speaker 1: want to switch gears to the other story that told
- 17:07Speaker 1: you that I wanted to make sure I hit today,
- 17:10Speaker 1: and it deals with the economy. There is shocking new
- 17:13Speaker 1: news out right now that the majority of Americans in
- 17:17Speaker 1: this country, for the first time in my lifetime, which
- 17:20Speaker 1: is forty years, cannot afford to even buy a used car.
- 17:26Speaker 1: The average new vehicle Edmunds dot Com says is edging
- 17:29Speaker 1: towards fifty thousand dollars tax, title and all the fees
- 17:33Speaker 1: forty six thousand if you take all that out. Even
- 17:36Speaker 1: so price of used cars are like it edged closer
- 17:39Speaker 1: to new ones. Since the pandemic started, use vehicle prices
- 17:43Speaker 1: have now jumped forty two percent, more than double the
- 17:45Speaker 1: increase for new ones. Last month, the average use vehicle
- 17:50Speaker 1: price was sixty three percent of the average new vehicle costs.
- 17:56Speaker 1: For the pandemic, it was fifty four percent. At this point,
- 18:00Speaker 1: dealers say they look the lower income buyers. There's very
- 18:05Speaker 1: few vehicles for them to even look at. What used
- 18:08Speaker 1: to be a five thousand dollar car is now an
- 18:10Speaker 1: eight thousand dollar car. Our car's eleven thousand or twelve
- 18:13Speaker 1: thousand dollar car. You include taxes, fees, a ten percent
- 18:17Speaker 1: down payment, and an interest rate of around seven point
- 18:20Speaker 1: five percent. The average use vehicle now costs five hundred
- 18:23Speaker 1: twenty dollars a month, even when financed for the average
- 18:27Speaker 1: of nearly six years. Edmonds has just reported, Oh, but
- 18:31Speaker 1: the economy is doing fine. Don't worry America. Nothing's wrong.
- 18:35Speaker 1: Everything's great. The White House said so, and the media
- 18:37Speaker 1: propagandas put it out there. To make the payment, To
- 18:41Speaker 1: make that payment and afford such other necessities as housing, food,
- 18:45Speaker 1: and utilities, a household would have to take calm about
- 18:48Speaker 1: sixty thousand dollars a year, or seventy five thousand dollars
- 18:51Speaker 1: before taxes. That's what Kimberly Palmer, a personal finance specialist
- 18:56Speaker 1: at nerd Wallet, said. In twenty twenty, the US median
- 19:00Speaker 1: pre tax household income was sixty seven thousand. Census Bureau says,
- 19:05Speaker 1: quote the average person, Palmer said, can't afford the average
- 19:08Speaker 1: used car right now. Okay, somebody in the media, do
- 19:12Speaker 1: your damn job and ask the question of Joe Biden
- 19:14Speaker 1: or his press secretary Jen Saki. Quote the average person
- 19:19Speaker 1: can't afford the average used car. Now, knew used car?
- 19:22Speaker 1: Right now? How is the economy in great shape? If
- 19:24Speaker 1: that's the reality, it's the first time, by the way,
- 19:27Speaker 1: in my entire lifetime the data has shown that to
- 19:30Speaker 1: be true. And I'm forty. I've In Dury, a senior
- 19:35Speaker 1: manager at Edmond, said that while he doesn't track use
- 19:37Speaker 1: vehicle prices relative to home household income, he thinks November
- 19:42Speaker 1: marked a record in the worst way possible for quote affordability.
- 19:47Speaker 1: Monthly payments for average use vehicles, he noted, were four
- 19:50Speaker 1: hundred and thirteen dollars two years ago, three hundred and
- 19:54Speaker 1: fifty and she excuse me, three hundred and eighty two
- 19:56Speaker 1: dollars five years ago and three hundred and sixty five
- 20:00Speaker 1: dollars a decade ago. And now I think about that.
- 20:02Speaker 1: Ten years ago the average monthly payment for used car
- 20:05Speaker 1: was three hundred sixty five dollars. That was a decade ago.
- 20:09Speaker 1: Just five years ago that number had only gone up
- 20:13Speaker 1: eighteen dollars, no, sixteen dollars, excuse me, So in a
- 20:18Speaker 1: five year period, the average used car monthly payment had
- 20:21Speaker 1: gone up sixteen bucks. The November average payment of five
- 20:27Speaker 1: hundred dollars plus for US vehicle is a new average.
- 20:33Speaker 1: Put that in perspective, how bad it is. Five hundred
- 20:36Speaker 1: dollars was the average car payment needed five years ago
- 20:40Speaker 1: for a brand new vehicle. Quote. People are going to
- 20:45Speaker 1: have to make hard decisions, maybe cut back in other areas,
- 20:48Speaker 1: Palmer said. It means that it's stressful time for a
- 20:51Speaker 1: lot of families, hard working families. Right now, use vehicle
- 20:55Speaker 1: prices are so high that Carl Hogan of Can's Cannon's Burg, Pennsylvania,
- 21:00Speaker 1: near Pittsburgh, was able last month to quickly sell his
- 21:04Speaker 1: two thousand and seven to Tacoma, a small pickup truck
- 21:07Speaker 1: with more than thousand miles on it. Even with the
- 21:10Speaker 1: vehicle's age and mileage. A man from Ohio forked over
- 21:15Speaker 1: six thousand, five hundred dollars for it. Hogan didn't have
- 21:19Speaker 1: to budge from the asking price. When some would be
- 21:23Speaker 1: buyers offered him less money, he told them, I've got
- 21:25Speaker 1: twelve other guys behind you. A week before the sale,
- 21:28Speaker 1: he bought a new Tacoma. Hogan had been on the
- 21:31Speaker 1: other side of the equation. The dealer wouldn't budge from
- 21:34Speaker 1: the thirty eight thousand dollars sticker price quote. If I
- 21:38Speaker 1: didn't take it. There were three people waiting. I couldn't
- 21:41Speaker 1: get any off, but I wanted a new truck. David Paris,
- 21:45Speaker 1: senior manager at Jiddy Power, noted that the used vehicle
- 21:49Speaker 1: prices are directly tied to the cost of new ones,
- 21:52Speaker 1: though some automakers report the computer chips supply is gradually improving,
- 21:56Speaker 1: Prices paid by dealers that use vehicle auctions kept a
- 21:59Speaker 1: rise through November. We've not seen any softening in prices,
- 22:04Speaker 1: which is extremely rare for this time of year, he said.
- 22:07Speaker 1: New vehicle dealers have about one one million vehicles available nationwide.
- 22:13Speaker 1: That's about one third of the normal supply chain. The
- 22:15Speaker 1: vast majority have already been sold. Given pin up demand
- 22:19Speaker 1: from consumer, prices for nuhicles are expected to remain historically
- 22:23Speaker 1: high until the supply returns to around two million to
- 22:27Speaker 1: two point five million, and automakers resume discounting, which could
- 22:31Speaker 1: which could take us well into twenty twenty three one
- 22:35Speaker 1: new vehicle. Once new vehicle prices at least stop increasing,
- 22:40Speaker 1: doesn't mean they're even going to come down, by the way,
- 22:43Speaker 1: they say, by twenty twenty four. They do believe used
- 22:46Speaker 1: vehicle prices could eventually follow, so two years from any
- 22:50Speaker 1: relief from this, and even after that, the availability vehicles
- 22:54Speaker 1: will be tight, they say, because the traditional sources of
- 22:56Speaker 1: US vehicles autos turned in from least and trade ins
- 23:01Speaker 1: or sold by rental companies, have essentially dried up altogether
- 23:05Speaker 1: for the past decade. Cars returning from two and three
- 23:09Speaker 1: year leases or a leading source of almost all new
- 23:13Speaker 1: used vehicles hitting the market. But that was when more
- 23:17Speaker 1: than one third of US new vehicles sales were actually leases,
- 23:21Speaker 1: a new figure now down to twenty two percent, said Edmonds.
- 23:27Speaker 1: Because there aren't any or excuse me, because there aren't
- 23:30Speaker 1: many new autos people are expiring with expiring leases are
- 23:34Speaker 1: often buying those cars once their leases in because they
- 23:37Speaker 1: can't get a new one. Rental companies, another key source
- 23:40Speaker 1: of late model used cars, can't buy new ones now
- 23:43Speaker 1: and are holding the ones they have for longer. Summnal
- 23:45Speaker 1: companies are even buying used vehicles now for the first
- 23:48Speaker 1: time in decades. Given all those factors, PAIRS expects the
- 23:52Speaker 1: storage of use cars to worsen through twenty twenty four.
- 23:57Speaker 1: Let me see it again. Given all those factors, the
- 24:00Speaker 1: shortage of use vehicles they believe will worsen through twenty
- 24:04Speaker 1: twenty two, twenty twenty three, and through twenty twenty four
- 24:09Speaker 1: three years. Among the few consumers who stand up benefit
- 24:14Speaker 1: are those who want to sell a use car and
- 24:17Speaker 1: don't necessarily need to replace it. The average trade in
- 24:19Speaker 1: October Pair said was nine thousand dollars, twice what it
- 24:23Speaker 1: was a year earlier, twice what it was a year earlier.
- 24:29Speaker 1: But for people who have no vehicles to trade in
- 24:33Speaker 1: and only modest incomes, the options are few to none.
- 24:37Speaker 1: Palmer said. Lower income people may simply have to pay
- 24:40Speaker 1: for repairs to keep a current vehicle running as long
- 24:43Speaker 1: as possible. Even that option, though, can become expensive. JD.
- 24:48Speaker 1: Power said that many can't afford it. Many buyers, they're
- 24:56Speaker 1: actually now telling you should probably look past a used
- 24:58Speaker 1: car and just go straight for a new one if
- 25:00Speaker 1: you can afford it. One man said he recently managed
- 25:05Speaker 1: to get a couple of thousand dollars whacked off a
- 25:06Speaker 1: sticker price on a new Ram pickup, though he had
- 25:09Speaker 1: to travel from washing in DC area to Philadelphia to
- 25:12Speaker 1: reach a willing dealer he had located by searching internet forums.
- 25:16Speaker 1: If you look hard enough and are willing to wait
- 25:18Speaker 1: and travel, you can find deals across most brands. But
- 25:22Speaker 1: if you want to instant gratification in your market, good luck.
- 25:26Speaker 1: Twenty nine thousand dollars for an average used car now
- 25:28Speaker 1: in America and fifty thousand dollars for an average new
- 25:32Speaker 1: car in America. But the economy's fine, the White House said,
- 25:36Speaker 1: no problems with the economy. Everything's perfect. The average medium
- 25:42Speaker 1: income household family cannot afford a used car right now
- 25:46Speaker 1: because of inflation. Say it again, cannot afford cannot afford
- 25:55Speaker 1: a used car? What is new? What is a new
- 25:59Speaker 1: car cost? Right now? It's even more shocking fifty thousands.
- 26:05Speaker 1: The average for a new car right now. But remember,
- 26:10Speaker 1: everything is totally fine. Okay, you have nothing to worry about.
- 26:17Speaker 1: Everything's good, folks. There are no problems in the economy.
- 26:21Speaker 1: Things are amazing. If you don't believe me, I have
- 26:25Speaker 1: proof how great things are, and things are incredible. Propaganda
- 26:32Speaker 1: headline News HLN, CNN. They put out this talking about
- 26:38Speaker 1: how amazing the economy is right now. It's booming, folks.
- 26:42Speaker 1: Everything is fine. Yes, if you made fifty thousand last year,
- 26:45Speaker 1: it's worth about forty four thousand now. And buying power yes.
- 26:48Speaker 1: And the majority of Americans now for the first time
- 26:50Speaker 1: a lifetime can't afford a used car. But everything's fine
- 26:53Speaker 1: because we put out the propaganda of the government. Oh
- 26:57Speaker 1: really good for your money, Jen, I'm gonna say, it
- 27:00Speaker 1: depends on who you ask, right well, overall, I mean,
- 27:03Speaker 1: the economy did amazing as we wrap up twenty amazing.
- 27:07Speaker 1: I love this. Even the host is like introducing their
- 27:11Speaker 1: money expert because she knows what they're going to try
- 27:13Speaker 1: to sell you on real quick. Even the host is like,
- 27:17Speaker 1: the economy is doing amazing. It depends on who you ask.
- 27:23Speaker 1: It really depends on who you ask. And then you
- 27:28Speaker 1: hear the chuckle. That's like, okay, I've said it, so
- 27:31Speaker 1: I don't look like a moron before she tells you
- 27:33Speaker 1: and gives you all this propaganda. Right, Like, I've done
- 27:36Speaker 1: my part. I'm going to get out of the way.
- 27:38Speaker 1: Now Here is the Biden liberal propaganda. We are nothing
- 27:42Speaker 1: but state sponsored media, and I'm going to tell you
- 27:44Speaker 1: how amazing things are. The economy is on fire overall,
- 27:48Speaker 1: I mean, the economy did amazing as we wrap up
- 27:51Speaker 1: twenty twenty one, year two of the pandemic. I mean,
- 27:53Speaker 1: economy for the most part was on fire. The job
- 27:56Speaker 1: market is at its strongest levels in decades. Look, I
- 28:00Speaker 1: love this, by the way, the job markets at its
- 28:02Speaker 1: strongest level in decades. So let's be clear what that means.
- 28:06Speaker 1: There are millions and millions of people that our businesses
- 28:10Speaker 1: and small businesses that desperately need work. Right, the desperately
- 28:17Speaker 1: need work. Workers can't find them, so that means that
- 28:22Speaker 1: things are good way through the roof. People can't even
- 28:25Speaker 1: fire bad employees. People are having to close down certain
- 28:28Speaker 1: days because they can't find enough employees to even operate.
- 28:32Speaker 1: People have had to change the hours in which they
- 28:34Speaker 1: open and ham work a week. Small businesses are failing
- 28:37Speaker 1: at a rate that we haven't seen in decades. But
- 28:39Speaker 1: you want me to believe that things are amazing, and
- 28:41Speaker 1: they're gonna tell you, Oh, it's because we added some jobs.
- 28:45Speaker 1: We had six point one million jobs. Well, we did,
- 28:47Speaker 1: but how many jobs are still left unfilled because of
- 28:50Speaker 1: an economy that's been destroyed by the federal government giving
- 28:53Speaker 1: people money and making them lazy. It is twenty twenty one.
- 28:56Speaker 1: Six point one million jobs were created, that's the law,
- 29:00Speaker 1: just amount of jobs going all the way back to
- 29:02Speaker 1: nineteen forty and we're not even counting December yet. We
- 29:06Speaker 1: don't have the numbers in for that part. The American
- 29:08Speaker 1: Rescue Plan cut child poverty in half by fifty percent,
- 29:13Speaker 1: and it was just as juicy on Wall Street and
- 29:15Speaker 1: in corporate boardrooms. Stock market measured by the S and
- 29:18Speaker 1: P five hundred up nearly thirty percent for this year.
- 29:22Speaker 1: Corporate profits at their best since nineteen fifty. So despite
- 29:26Speaker 1: the pandemic, it's been quite amazing. And holiday shopping sales
- 29:31Speaker 1: up eight and a half percent as people tried to
- 29:33Speaker 1: get back to a sense of holiday normalcy. Now there
- 29:36Speaker 1: have been some higher prices. You see them for basics
- 29:38Speaker 1: like food, shelter, and gas, and I love this. Now
- 29:41Speaker 1: there have been some higher price like food, shelter and gas,
- 29:44Speaker 1: basically everything you need to survive. But we're going to
- 29:47Speaker 1: quickly boot past that. I'm going to tell you that
- 29:49Speaker 1: everything's fine. But the cost of good for the basics
- 29:52Speaker 1: of food, shelter, and the sense, they've skyrocketed. But don't worry.
- 29:56Speaker 1: Everything's fine, folks. How many of you can have forty
- 30:00Speaker 1: used car right now? Less than half of Americans can
- 30:01Speaker 1: afford a used car right now. But everything's fine, folks.
- 30:05Speaker 1: Everything is a okay. You don't need to worry. We
- 30:07Speaker 1: got this. Everything is super Everything is great. Everybody should
- 30:13Speaker 1: be excited because everything's good. You have nothing to worry about.
- 30:16Speaker 1: Everything's fine, there are no issues. Our economy is wonderful,
- 30:20Speaker 1: our economy is amazing. Everything is perfect, and our economy
- 30:23Speaker 1: is perfect, and you don't need to worry. There's nothing
- 30:25Speaker 1: to worry about. Granted, food and shelter and water and
- 30:28Speaker 1: those things, yeah they kind of suck, but everything else
- 30:30Speaker 1: is good. Research firm I RII predicts as another five
- 30:32Speaker 1: percent just in the first six months of the new
- 30:35Speaker 1: year for items like mac and cheese and steak and potatoes,
- 30:38Speaker 1: chicken breasts, and wine. But costs are going up too,
- 30:41Speaker 1: so that's part of the reason. Now, but costs are
- 30:45Speaker 1: going up too, so that's part of the reason. So
- 30:47Speaker 1: you just told me that you're dealing with massive inflation
- 30:49Speaker 1: without saying the word inflation. This is what state sponsored
- 30:54Speaker 1: media sounds like. This is nothing but propaganda from HLN
- 30:58Speaker 1: Headline News owned by CNN, owned by AT and T.
- 31:02Speaker 1: That is what this is. Okay, that is what this is.
- 31:10Speaker 1: That's all it is, folks. Economists say that the wild
- 31:14Speaker 1: card for twenty twenty two is going to be this
- 31:17Speaker 1: new omicron variant that fast spread has led to the
- 31:20Speaker 1: partial shutdown of the New York City Subway, Cincinnati's mayor
- 31:24Speaker 1: declaring a state of emergency because firefighters are sick, and
- 31:27Speaker 1: thousands of canceled flights. As you know now, Jet Blue
- 31:31Speaker 1: says they're going to preemptively cancel thirteen hundred flights in
- 31:36Speaker 1: just the next two weeks. That's only ten percent of
- 31:39Speaker 1: their schedule because they are expecting so many of their
- 31:42Speaker 1: workers to call out sick. They said that this week
- 31:45Speaker 1: has been one of the worst weeks of the entire pandemic.
- 31:49Speaker 1: We know so many airlines have been hit with all
- 31:51Speaker 1: these cancelations. It's been pretty miserable for travelers too. But Cheyenne,
- 31:56Speaker 1: despite Omicron throwing things into disarray at the very end
- 31:59Speaker 1: of the year, overall it was gangbusters. Overall, it's gangbusters.
- 32:03Speaker 1: I know a lot of you are suffering, but overall,
- 32:05Speaker 1: we're gonna tell you it's gangbusters, because that's what we're
- 32:08Speaker 1: gonna tell you. It is all right. I'm gonna end
- 32:11Speaker 1: it with that, and I'm gonna give you one more
- 32:12Speaker 1: quick reminder. Please make sure you write a review for
- 32:15Speaker 1: us wherever you're listening to this podcast, a five star review.
- 32:17Speaker 1: It would mean the world to us. Also, make sure
- 32:20Speaker 1: you hit subscriber autoed and please share this podcast with
- 32:24Speaker 1: your family and friends or on social media. And I
- 32:27Speaker 1: will see you back here tomorrow.