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May 11, 2023 45 mins
JIM RYAN ON THE BORDER
BRAD GARRETT THE UTAH MOTHER OF 3 CHARGED WITH MURDERING HER HUSBAND -- THEN WRITING A BOOK TO HELP HER CHILDREN WITH THEIR GRIEF
BIZ BYTES W/ JASON MIDDLETON Inflation is cooling, but items aren’t cheaper. Why? / Brides and grooms have a new place to register / 40% of Gen Z work multiple jobs because cost of living / Is Twitter a dating app?
HOW TO MONEY W/ JOEL LARSGAARD New Cars, once part of the American Dream, now out of reach for many /Quarter of Americans admit they’ve never saved money for retirement / A.I. Could be about to change the way you manage your money /
Is online banking safe? How to boost your banking security
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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
Hey, it's Jennifer Jones Lee.You're listening to KFI, a M six
forty wake up call on demand onthe iHeartRadio app. This Friday Eve is
particularly happy. Why is this FridayEve particularly happy? Because starting tomorrow morning,
my alarm will not go off attwo forty five in the morning.

(00:23):
What Tony is in for Tyler thismorning? And I just got a double
one finger salute? Whoa. Iknow it sucks when somebody's like, I'm
going on vacation and you're like,oh, yeah, I can tell you
where to stick that vacation sunshine.Anyway, I am going on vacation.

(00:44):
I'm heading up to Redding. Itis. I know, this is like
the perfect opportunity for a handle to, you know, do something some redneck
comment. But I think so.This weekend, We've got Jones family get
together at Burrito Bandido. You can'tmake this up. There were twenty six

(01:07):
Joneses on a text message thread.Everybody's gonna get a burrito bowl. We're
all gonna chill out because that's whatJoneses due. We've got a steak feed,
We've got a rodeo in Cottonwood tomorrow. Mother's Day Sunday, followed by
next week much much time at thelake, which is going to be great
with my cousins, and then nextweekend it gets real pancake breakfast Friday morning,

(01:34):
Friday night rodeo, Saturday night rodeo. And the best part about this
is I've not been to Rodeo weekup there since I was seventeen and set
the national anthem on a horse threenights in a row at white jeans,
red boots, blue shirt, redhat. It's all gonna be on Instagram

(01:59):
because I feel like a lot oftimes I need to document my life.
Otherwise you're you guys are gonna belike, she makes that up. Nope,
Nope, nope nope. JJLKFI onInstagram, Jennifer Jones Lee on Facebook,
And yeah, you'll get to seewhat my life really is like the
Jones Best this weekend and I amso here for it. It'll be fun.

(02:20):
It's just cool because I haven't doneit in thirty years, so that's
why I'm looking forward to it.Some of the stories we're watching in the
KFI twenty four hour newsroom. LACounty Probation officials have implemented emergency security measures
at the county's juvenile halls after theoverdose death of an eighteen year old.
Now talking about emergency measures, Tattleforty two will officially expire tonight at eleven

(02:43):
fifty nine. So unless a courtintervenes, it looks like the pandemic era
immigration policy is out of here andwe've got all kinds of migrants lined up
at the border. We're gonna talkabout that with ABC's Jim Ryan. He's
in El Paso, Texas. Also, you had the town hall last night
with former President Trump and CNN's CaitlinCollins. How did it go well?

(03:05):
At least in one case? FormerPresident Trump says that you know how he
was found liable for sexual abuse.He still says he does not know a
Gene Carroll and that the whole thingwas fake. So let's start with some
of the stories coming out of theKFI twenty four hour news room. A
twelve year old boy has been killedin the shooting in Long Beach. A
fourteen year old girl was hurt.Please say the two were walking along Lewis

(03:28):
Avenue late last night between Martin LutherKing Junior and Orange Avenues when they were
approached by at least two guys ina car someone inside started shooting. Emergency
security measures have been put in inLa County's juvenile halls. A list of
new procedures were sent out in amemo following the fatal overdose of an eighteen
year old at the Nidor facility inSilmar. KFI News obtained the internal memo

(03:49):
yesterday, which says new search protocolswould begin for visitors and staff only,
see through bags will be allowed infacilities, and metal detector wands will be
issued to dormitories. Sources in theProbation department say these measures used to be
in place, but were removed bythe Board of Supervisors in favor of a
more family friendly environment. The memoalso outlines more aggressive rules to deal with

(04:10):
drones that drop contraband into the facilitiesand the purchase of vapor tracer machines to
check for drug residue on anyone whoenters a facility. Steve Gregory, King
of Fine, hundreds of troops areheading to the US Mexico border, along
with more US marshals, immigration officials, and National Guard troops as Title forty
two expires. The COVID nineteen policyallowed the US to expel migrants who cross

(04:31):
the border. Arizona Sheriff's Association PresidentSheriff Don Rhodes has vowed to support all
law enforcement stationed at the border.We know what you're doing. We appreciate
it, we support you. We'rebehind you one hundred percent. We're fighting
to get your resources. And we'lltalk more about this with ABC's Jim Ryan,
who is in El Paso, Texas. In just a second. Former
President Trump says the case in NewYork where he was found liable for sexual

(04:56):
abuse was fake. During a CNNtown hall meeting last night, told potential
voters the case was made up andpolitically motivated. The crowd laughed and applauded.
Republican Senator Mitt Romney says he hopesthe civil trials outcomes shed some light
on Trump's character. The jury ofPresident Trump's appears found him responsible for a
sexual assault. I hope the juryof the American people reached the same conclusion,

(05:20):
which is he is not fit tobecome president of the United States.
When asked if the jury's decision wouldprevent women from voting for him, Trump
said no, I don't think so. When we come back more on what's
happening at the border with the expirationof Title forty two at eleven fifty nine
tonight or right now. Let's geta look at your drive. Good morning,
Robert Dubucky. Where we hadn't We'reheading to lake View terrors on the

(05:44):
west und side of the two tenwhere all lanes are shut down between Osbourne
and the one eighteen. This isCaltrans work scheduled until around six o'clock this
morning, so you are seeing heavydelays through the area there. We also
had a full closure in Upland onthe eastbound side of the ten freeway.
Youclid towards Fort Street. They've startedpicking up those cones. Want for some
minor delays heading through the area asthey continue that process. And then Loma
Linda on the westbound side of theten. Just passed Mountain View. It's

(06:08):
a crashed in the carpool lane backedup. They're heavy to Alabama Street.
KFI in the sky helps get youthere faster. I'm Robert to Bucky five
or six on your wake up.Called Jim Ryan, good morning to you.
Has the situation at the border changedat all? With now literally the
countdown now going to just a fewmore hours. At the expiration of Title

(06:28):
forty two, thanks are pretty muchwhere they were yesterday in the day before
that, although this migrant camp thatwas set up outside of church here in
El Paso has kind of been clearto have. People have been taken to
other shelters, are taken to differentlocations. As you know, the Customs
and Border Protection processing facilities here inEl Paso and down in Laredo, different

(06:49):
parts of the state are essentially overburdenedat this point, but there are locations
that are not, and some peopleare being shuttled to those other places,
those other customs locations to make applications. So what happens to night at eleven
fifty nine pm Eastern time. Titleforty two is replaced by Title eight.
Title eight was the immigration policy beforeTitle forty two was imposed during the pandemic.

(07:14):
Then it goes back into effect.It has its own rules and regulations,
its own stipulations that they imposed requirementson people trying to apply for asylum
or apply for immigration status here inthis country. And it also allows for
the immediate expulsion of people who arenot here legally and they can turn around
and be sent back either in Mexicoor to their home countries without hearing whatsoever.

(07:40):
So some things will change, somethings really won't change. The one
thing I tell you is that alot more people will be applying starting tomorrow
four asylum. That's what I assumed, And so that's in probably the influx
there, because they're like great,starting at eleven fifty nine, you know,
boom, the minute the clock strikesmidnight, I can go in for
my asylum or apply for it.Going back to now the title eight,

(08:01):
that one with the restrictions where youcan be turned around if you try and
come illegally, you can be flippedaround. I know that some of the
border patrol people were talking about peoplewho are trying to get in illegally through
those border checkpoints, and that theyhad seen an influx of people coming through
there. So those would be thepeople, right who they would turn around
immediately if caught. Yes, right, the folks who are coming here illegally.

(08:24):
So I mean you're dealing with twodifferent groups of people, those who
are trying to sneak into the countryillegally between the border checkpoints and those who
are coming through legally or trying tocome through legally, making application, surrendering
to border patrol, filling out paperworkand then being admitted into the country or
being turned around immediately because you don'tqualify. So yeah, these are those

(08:46):
are kind of the two groups.And the administration, the Biden administration,
has sent active duty military personnel hereto back up the customs agents in processing
all this paperwork. Governor Greg Abbotthas sent another can tinggent of National Guard
troops who will be monitoring and betweenthe border checkpoints to see that people aren't

(09:07):
coming to the country illegally, allright. And for these border towns that
have all these people in them,and I realized that you're saying, you
know, the church that you werelooking at where they had migrants there looks
like has been cleared out. Thatkind of thing, the stress and the
strain on these border towns, andI realized that's why a lot of the
National Guard troops were brought there inthe first place. But the strain on
resources even in those cities, andI'm talking you know, bottled water,

(09:31):
food, that kind of thing.I would almost think that it's sort of
like you guys had just been throughsome sort of natural disaster or you were
prepping for a natural disaster. Itjust seems like if you're going to have
an influx of all these people,you would have to kind of plan like
that exactly. That's what's happening herein El Paso. The city has been
working on this for several weeks,well, I think, planning for it

(09:54):
for months. The city declared madea disaster declaration a couple of weeks ago,
and has been setting up temporary shelters. For example, two schools,
disused schools have been set up withcots inside and with the emergency feeding,
and that's sort of thing. You'reright, it's very much like a natural
disaster. Those are being prepared forpeople coming in if they're needed. They

(10:16):
might not be needed, but Ithink the expectation is that they certainly will
be put into put into use.So now that you're right, there is
this preparation in border communities all upand down, not just here in Texas,
but in Arizona, New Mexico andover where you are in California.
All right, thank you so much, Jim, I appreciate it. So
jan all right, see later.ABC is Jim Ryan, And obviously we'll

(10:39):
be keeping up to date on thisif there's any I don't know anymore.
It's it's it's interesting to me becausethe plan is for there to be chaos.
That's the word that the President evenused, that he predicted there would
be chaos at the border. AndI think that even for all the planning

(11:00):
that you do, if you're oneof these border towns or border states and
all the prep that you can make, you can't predict all of the you
know, facets of chaos, right. I mean, that's that's it in
its definition. It's well, thisis my definition of chaos. You don't

(11:20):
know what's coming because everything's kind ofout of control and scorely, and so
I don't I don't know how evenas much as these border towns prepare,
how prepared can they be for whatthey don't know? Right, let's get
back to some of these stories comingout of the KFI twenty four hour news

(11:41):
room. Now. Florida Governor DeSantis has signed an immigration bill as his
state is preparing for the end ofTitle forty two. He says the state
is bracing for some turbulent times andthings can get a lot worse. People
are gonna come if they get benefits, and so what you want to do
is say there's not benefits for cominglegally now. The bill signed yesterday in
Florida requires hospitals accepting Medicaid to includea question on the forums about a patient

(12:07):
citizenship status. The legislation also includesbanning undocumented law school graduates from being admitted
to the Florida Bar and strengthens therequired use of e verify. That's that
database that employers used to check andemployees employment eligibility. New York Republican Congressman
George Santos has pleaded not guilty tounemployment and campaign finance fraud charges. He

(12:31):
was released on bail and said outsideof court yesterday he's gonna fight. The
reality is because it makes no sensethat in four months, four months,
five months I'm indicted, mister Santos. There have been a lot of questionable

(12:52):
things surrounding you, some of whichwe have even cought to So I'm just
saying which unt Santos is facing athirteen count federal indictment. How Speaker McCarthy
says he will not support Santos forreelection, but for now he's not calling
on him to resign. And remember, Republicans need every vote that they can

(13:16):
get so I feel like even thefact that McCarthy is like, I'm not
touching you, buddy, is kindof a big deal because he knows that
there is the potential for a Democratto come in there. Should Santos be
booted out of his seat, andso for even the House Speaker not to
get behind you kind of says somethingbecause his position sort of puts or could

(13:39):
potentially put the number of votes inthe party at risk. The La County
Sheriff's Department says money is driving thecontinuance of street takeovers in Compton. Police
say drivers are paying off some workersat tire shops to stay open during the
street shows, and some people aregetting kickbacks for posting the driver's videos online.

(14:00):
Former street takeover driver Ismael Tamar sayshe stopped participating when he saw it
was creating danger, a danger topeople and a danger to the public as
well as the people attending the events. The Sheriff's Department says it impounded several
cars and handed out citations during streettakeovers Monday night. The department says it
has zero tolerance for anyone earning moneyfrom street shows in Compton. Chris Adler,

(14:22):
KF I News. All right.You guys know how much I love
shows like Snapped or you know,anything that's on ID or whatever. I
love true crime stuff. This storyabout the mom from Utah charged with murdering
her husband then writing that children's bookto help them with grief. Yeah,

(14:43):
we're going to talk more about her. She's been charged with murder and I
just want to know how she thoughta sort of preemptive strike. Oh honey,
I want you to read this bookjust in case anything ever happens to
your dad, suspicious anyone. We'llget into that with Brad in just a

(15:03):
few minutes. You're listening to wakeUp Call with Jennifer Jones Lee on demand
from KFI Am six forty. Welcometo your wake Up Call for a Thursday
Friday Eve. As I like tosay, some of the stories were watching
in the KFI twenty four hour newsroom. A twelve year old boy's been killed
in a shooting in Long Beach.A fourteen year old girl was hurt.

(15:24):
Police say the two were walking alongLewis Avenue late last night between Martin Luther,
King Junior and Orange Avenues when theywere approached by at least two guys
in a car someone started shooting.A couple in a Bentley have been shot
at in Valley Village and what policesay may have been an attempted follow home
robbery. The people in the carsay they were waiting for a friend yesterday
when a guy walked up with agun demanded cash and jewelry. The driver

(15:48):
of the Bentley backed up to tryand get away, but hit a passing
car. A woman in that carwas hurt and that's when the shooter ran
off. And remember the guy whowas suspected of killing Natalie Holloway, the
American teenager in Aruba in two thousandand five. He's expected to be extradited
to the US to face federal fraudcharges. Now, Natalie Holloway's body was

(16:10):
never found and charges were never filedagainst your in Vander Salute, but he's
charged with trying to extort money fromNatalie Holloway's family. Hey, I know
that you've heard the rumors as wehave. There is talk about AM radio
being removed from new cars and trucks. But if you remove that, you're
taken away the access to the veryAM radio stations that millions of Americans count

(16:33):
on for local emergency information, especiallywhen our cell phones are dead because maybe
we've lost power or the tower wentdown something like that. That's when AM
radio is your lifeline. Even FEMAand first responders across the country rely heavily
on AM radio just to deliver publicwarnings and emergencies. And that's because of
AM radio's unmatched reach, resiliency andbecause it's free. And this hits home.

(16:59):
I mean, do you think it'sokay for you to lose access to
KFI when you're on the road?Exactly? You need to make your voice
heard on this issue. Text theletters AM to five two eight eight six
and tell Congress to keep AM radioin all our cars and trucks. Standard
message and data rates apply. Let'ssay good morning now to ABC's Crime and

(17:21):
Terrorism analyst Brad Garrett. Brad,this story is fascinating to me because I
think that any person who does almosta preemptive strike for a murder that they
are about to commit to me feelsreally dumb, and it kind of in
this case. I want to thewoman who is involved in this, mother

(17:42):
from Utah, who wrote a bookon grief to help her kids. I
guess, should their dad ever dieand then the dad dies, it seems
like, come on, lady,you didn't think you were gonna get caught.
So it's actually the other way around. She actually didn't write the book
after she killed her or allegedly killedher husband, and the book was written

(18:03):
so her children, you know,it talks about grief and solace and all
these things. And to even addanother bizarre aspect to it, Jennifer,
is that apparently there's a picture ofher deceased husband with wings on and halo
in the book, you know,like so her children will never forget the

(18:25):
father. You know, I'm goingto guess, you know, she's sort
of a classic anti social personality.In other words, anybody that could do
what's been alleged she did is beyondcold and calculating. But then to write
this book on top of it,and then go on local television to promote
the book, you know, ofthe very crisis and trauma that she actually

(18:48):
caused. It gives you a lotof insight into sort of her emptiness when
it comes to feelings about other peopleemptiness. And also I've noticed sometimes that
when you have somebody who has theymurdered a spouse or something like that,
the ego or the hubris behind withwhich they think they're smarter than everybody else
or you know, nobody's going tocatch them. It's amazing to me how

(19:12):
they, not all, but amajority of them sort of fit into that
profile. And one thing that goeswith antisocial personalities is arrogance and you know,
I'm better than you, sort ofthat type of thinking. So,
I mean, if you think aboutthe steps that she took, that would

(19:32):
be you know, from an investigatorstandpoint as at how I look at cases
to start with, you know,I mean, she leaves, it's almost
like Hansel and Gretel dropping crumbs alongthe way thinking with this crime. And
I mean she goes through a localapparently a local drug dealer to buy Fenton
all she changes the life insurance policyso that she's the sole beneficiary of which

(19:55):
he figured out before she died.He died, and he switched it to
his sister, and apparently she didn'tknow it got switched till after she killed
him. So you know, there'sthose little twists that are you know,
in this case, they apparently arguedabout some house she wanted to buy.
She was a real estate agent fortwo million dollars. He didn't think it
was a good investment. That dayafter he dies, she buys that house.

(20:18):
Oh see, I mean even that, even that, even that,
I mean, it's kind of likeshe's just sort of slapping it in people's
faces that I'm going to get bywith this. You're not going to catch
me, and I will say,and I don't understand why that took them
so long. It took them alot of months to charge her. I
mean, she wrote this book,she went on television promoting this book,

(20:44):
and then recently actually they arrested her. So I don't I don't know what's
going on, because this case strikesme as pretty being pretty straightforward, but
it's it's bizarre. Were they possiblyjust I mean, making this an airtight
case against her, and because shehad dropped so many breadcrumbs, like you
were saying, maybe they assumed thatshe would drop, you know, I

(21:06):
don't know, a whole loaf ofbread along the way, Well maybe maybe.
And if they believed that she wasnot a public safety risk to leave
her in a community, then youknow, that's one of the reasons you
go ahead and arrest people because you'reconcerned about them harming other people. I
guess they didn't feel that that wasthe case, and I don't think there's
any indication that she did. Butyeah, so she has a detention hearing

(21:33):
I think in the next few daysto see if they're going to keep her
in jail. Oh my gosh,Brad, in a case like this,
would you keep her in jail nowthat all of this is out, now
that all of these evidence is againsther, would you keep her? Would
you look at somebody like her asa flight risk? Well? Maybe,
and we'll see what the prosecutor argues, because you know, his family was

(21:55):
apparently or is a super well knownfamily in Summit County, which is where
what Park City is, Utah,And so you know, I assume she
had a passport. They'd have totake her, they'd have to seize her
passport. If if you were goingto let her out, I would put
an ankle monitor on her so youcan keep track of everyplace she goes.

(22:19):
Yeah, but we'll see if ifshe a threat to other people that we
don't know, that certainly will bediscussed if it's relevant in this hearing.
All right, Thank you so much, Brad. I appreciate your analysis.
You're welcome set. All right,you two talk to you later. That's
ABC's Crime and Terrorism analyst Brad Garrett. I didn't she's watched If I should

(22:44):
say, the accused woman see youlook at me being the good news girl.
I feel that if she is theactual killer in this case, she's
watched way too many Lifetime movies andnot right till the end because you always
get caught. You know, youkilled the husband, the life insurance policy

(23:06):
has changed. You write a bookabout grief and you put a picture of
your husband with wings and a haloin the book. Nobody's gonna suspect you.
Lord, Where's Valerie Burton Elly whenwe need her? LA has voted
to ban a crime ridden homeless campand a two block area of Woodland Hills.
Officials say the camp has been hometo a rape, stabbing, and
an attempted murder. Him made andwho manages Pickwick's Pub, says her restaurant

(23:30):
is now closing at ten instead ofmidnight to keep staff members safe. She
says that means a loss of business, probably a good thousand a night that
you could probably bring in, butit's just not worth it. Staff safety
is everything. Councilman Bob Bloominfield sayshis office has worked for months to house
people living at the camp. Thecity Council voted nine to five yesterday to
approve the band Lake trolley. KafI News, we're gonna talk with Kavised,

(23:52):
host of Macro Tuesday Tuesdays. Howabout Sundays two to four. Jason
Middleton is here and we've got ourbis by this morning. I want to
ask him if inflation is cooling,which it appears to be, why aren't
things any cheaper? And what percentagedo you think of gen zers say they're
having to work a one regular joband they also have to have a side

(24:17):
hustle. I'll tell you what thepercentage is in just a moment. So
Catwhether from KFI. We've got moresunshine on the way. We're going to
start to warm it up. Andit looks like by Saturday, Heiselby in
the eighties to the very low nineties, you're listening to Wake Up Call with
Jennifer Jones Lee on demand from KFIAM six forty. Tyler's on a Disney
cruise, of course he is.He's going to Vancouver. I was like,

(24:42):
look at you crossing country lines thereboy, So anyway, it should
be fun for him. He'll beback next week. But Tony, thank
you. In the meantime, Ienjoy your musical selections. Skaf I am
six forty live everywhere on the iHeartRadioapp. La County health officials say people
at high risk for monkey pox shouldget fully vaccinated before the upcoming Gay Pride

(25:03):
events. And there's an experimental skinpatch that has helped toddlers who are highly
allergic to peanuts. Jason Middleton joinsme now. He is the host of
Macro two to four here on Sundayshe anchors. He's our business guy.
Jason has like eighteen hats out there. There's a whole locker of different hats
for you. I sure know itevery time. Wait a second, I

(25:25):
have a locker. Cool you didn'tknow. I just found my mailbox not
too too long ago. There's astudy, Jason, that was published in
the New England Journal of Medicine yesterdaythat says this patch called Biaskin helped toddlers
who couldn't even tolerate a small peanutto eventually safely eat. I mean I
would think that this is huge forthis company. Yeah, absolutely, I

(25:47):
mean isn't this a persistent worry foranybody? I mean, and I mean
kids of course, but other peoplehave peanut allergies too, and but this
one specifically addresses, you know,youngsters and whatnot. I have a family
member who is a doctor who specializesin infantcare and infant surgery, specifically neurosurgery.
Even still, he covers a lotof this, and so with his
with his patient Coterie, and Ifind that his uh, his reports back

(26:11):
about peanut allergies are always like they'rethey're terrifying. And he's himself allergic to
tree nuts, so it does Ohyeah, I think, yeah. But
so so that's top of my medicalprofessionals. They'd be great. I mean,
I mean, to be able toreduce the worry on the medical side
and for the printing parenting side.Yeah, there was I had a neighbor
once, and there was a neighbordown the street who used to feed the

(26:32):
birds peanuts in our neighborhood. Huh, And it was maybe two houses down
from us. Anyway, the birdswould fly and drop the peanuts shells in
our backyards. But his daughter wasallergic to peanuts, and so he had
to go down the street and belike, hey, you know, it's
great you're feeding the birds, butcan I can we feed him something else?
Because if my daughter steps on themor something like that, the peanuts,

(26:56):
right, I had neither. Soanyway, I loved this line.
I do too, because it's allso rapid response to I don't know how
it works. I mean I justrecently of patch. Yeah, so anything
that would mitigate the impact for sure, because their unintended consequences. Your person
wasn't trying to that neighbor wasn't tryingto hurt anybody. Everything obviously trying to
trying to feed the birds, right, Yeah. So it was just that

(27:17):
was kind of crazy, very cool. I'm surprised artificial intelligence didn't come up
with that for us. First.Well, I'm glad that humans are still
coming up with stuff. Well,but I feel like increasingly fewer and fewer
things we are coming up with.I want to know, though, with
inflation cooling this week, Jason,why in the world don't we see,
Hey, look, inflation's cooling,prices come down, right, fantastic point,
and I mean the price of peanutsremains up, unfortunately, because it

(27:41):
goes back to food prices. Right, So we got a four point nine
percent increase a year every year,so it's a little bit better than the
five percent we were expecting. Okay, okay, So the FED stuff,
the interest rate hikes, the tenhikes over the last fourteen months started to
take effect, but not as quicklyas we had hoped, and not as
quickly and time wise as well,is like number wise, right, So
things aren't coming down, and oneof the reasons is inflation. So sticky

(28:04):
is food costs, right, Sothere we go, Steven. Airfares are
coming down, but it's food costsseven okay, four point nine percent,
that's across the board. That's likeif you put the price of everything together.
Think about it's called the consumer priceindex, right, that's the very
core index. It's it's it's ablunt tool, it's not very surgical,
but it does give us an indication. Seven point seven percent is food cost

(28:26):
inflation. So that gives you theidea of the gap between like what we
feel and what they're telling us.And have you noticed? And I was
shocked. I went to the grocerystore, went to Trader Joe's and I
don't remember what it was. Mybill would say, like a hundred bucks
or something like that. But thenext week then I was super busy eating
out all the time. I spentless money eating out than I did buying

(28:52):
food at the grocery store for aweek. They can buy bulk, they
can get things through the supply chaina little bit faster. The relief is
coming. I know. I've beensaying that for months and it's true.
But everybody's been saying it, andit is coming. It's just not coming
quick enough, right. I willsay that when doing Neil Savadra's show,
The Fork Report on Saturdays, we'vebeen talking about egg prices. Oh gosh,
yeah, we've been watching those aswell. So good news to report

(29:14):
there is that we're coming off anall time high in December of twenty twenty
with egg price or twenty twenty onewith egg prices. So the wholesale price
is coming down faster than the retailprice. Okay, okay, So the
retail price is the tail that wagsthe dog for us because we're the consumers,
right, But in the middle wherethe wholesale prices, the wholesale markup,
that's coming down to a point wherewe're going to get back to about

(29:37):
two fifty for a dozen at mostnext month. Okay, so that this
month really how the restaurants are goingto buy, so their costs they're going
to come down there, they're comingdown. So eventually it will hit us
too at the grocery source for sure, and not just eggs, but as
an example, I use eggs.Okay, got it all right? So
I thought this is a brilliant one. Brides and grooms going to Etsy to

(30:00):
register and I was thinking back,I got a crap ton of stuff what
I don't know thirteen years ago,I guess on Etsy for my wedding.
I mean everything from the napkins tothe favors too. I remember I had
a guard that was you know howeverybody in the bride takes the garter off
and throsday, but it was anAtlanta Braves garter because bride is supposed to

(30:22):
wear the garter. Oh did you? I guess I messed that up.
That's on me. I think it'sa great alternative. It's like it's your
own boutique. Yeah. I digit. Being able to buy niche products
online of something we're all used to. But having having protected and verified sellers
I think is really important. AndEtsy has an established organization there, and

(30:42):
so yeah, I mean, andplus you can find you can find fun,
novelty things, or you can findeverything everyday things that you might need
as well. Yeah. Absolutely,I didn't realize how much actual shopping shopping
you can do on Etsy, right, Like you can go find you know,
I don't know, Dodger stuff orwhatever. And it's not even stuff
that somebody has made. It's likean actual old, you know, starter

(31:03):
jacket or something like that on it. So you can find briding groom supplies
if you're planning the wedding or ifyou're attending the wedding, you could do
it that way too, maybe,I mean, I think it's I think
it's fun. I think it's away to put your personal stamp on something
as as personal as a wedding,okay, briding groom. And of course
this isn't because Bed Bath and Beyondis, let's say, less less than
wedding ready, Okay, so otherother retailers are going to honor those coupons

(31:30):
that Bed Bath and Beyond was reallygood about sending too many of out apparently,
and then then when you push itpast that, other stores are going
to honor those for a while.I think most of that stuff expires by
the end of this month. Thereason that I'm grabbing my phone is not
because I'm being rude, but Ijust got a bed bath and Beyond coupon.
Oh yeah, in my email thereit is. It says bed Bathroom

(31:52):
Beyond store closing sale new reductions addedten to forty percent off lowest prices.
Find your store here, great,so you can go there and if you
have an old one sitting around thatsays ten percent off anything you buy over
thirty bucks or whatever, you cantake it to one of their competitors right
now in most cases and find somekind of deals. So they're doing they're

(32:14):
doing horse trading when it comes tothese coupons as well at their competitors,
just trying to get some customer loyaltycoming in their doors. As bed Net
and be honest, is shedding theirsall right and really quickly before I let
you go. I was fascinated thatforty percent of gen zers say they have
to work multiple jobs because of thecost of living. So they've got a
full time job and then they havea side hustle as an uber driver or

(32:37):
something like that. Yeah, Ithink there's a lot of reasons for this.
Obviously, it's it's unfortunate in away. I mean, it's cool
if you want that freedom of doingthat, but without a national health insurance
program like other countries have, wedon't have that here, right, so
we have to adapt for that.So you have to have a core your
net for your medical insurances to comesomewhere, and then you're augmenting it.
And it seems like the younger youare, the more likely you are to

(32:58):
have to do that. I thinkolder work are staying in the workforce longer,
taking up a lot of the topend of salaries, and so a
lot of the company's labor costs gotowards an odor and aging workforce, and
so it's unable to really hire eitherhire new talent, more talent, or
pay the talent that they have more. You rock, I doubt that you

(33:19):
explain things. Yeah, the guarterthing maybe if I know confident if I'd
done that, I mean, ifhe had worn the Dodgers garter, that's
true, but I mean you're aDodgers fander, you're not. It's true,
And any kind of Dodgers attire,yeah, is appropriate at any time
that's true, and I'm sure youcan get some on Etsy somewhere. Absolutely
not not legally authorized by the MajorLeague Baseball or it is. You'd never

(33:43):
know some of them are registered onthere. I'm sure. Oh yeah,
absolutely, all right. Jason Middletonmacro two to four on Sundays. You'll
hear him later with handle eight o'clockand yeah, Jason's everywhere. Yeah,
and for me all next week.That's right, tomorrow morning, I believe
too. Yeah, that's right.I heard you mentioned you're headed up for
some kind of outdoor event. Yes, that will be some bull riding.

(34:05):
I will not be riding the bulldog. Are you doing the national anthem again?
I am not. I am notdoing the national anthem. I think
my national anthem on a horse daysare over pictures exist somewhere right, Oh,
absolutely, I'll find some when Icome back. I'd like Matt,
I'd like to see it. Ohyeah, oh you guys get ready Instagram.
Oh you guys my performing days woo. Not a costume I didn't have

(34:27):
back in the day, red bootsand red cowboy hat. It was a
full on red stetson. Wow,well done, thank you. I know
I went big on it. Allright, Jason Middleton, thank you.
We'll talk with kfies. So Jasondoes Macro from two to four. Right
before him, you have Joel larsGuard with how to Money, and we're
going to get in with Joel injust a second, talking about new cars

(34:51):
maybe no longer part of the Americandreams, so we'll find out just how
much those are costing right now whenwe talk with him in just a few
minutes. You're listening to Wait Callwith Jennifer Jones Lee on demand from KFI
AM sixty kf I AM six fortylive everywhere on the iHeart Radio WAFF.
This is your wake up call.I'm Jennifer Jones Lee. Some of the
stories were watching in the KFI twentyfour hour newsroom. A couple in a

(35:15):
Bentley were shot at in Valley Villagein what cops they may have been an
attempted follow home robbery. The peoplein the car say they were waiting for
a friend yesterday when a guy witha gun walked up demanded cash and jewelry.
But the driver of the Bentley thenhit it, put it in reverse,
tried to get away, but thenhe hit a passing car. Then
a woman in that car was hurtand the shooter took off. A twelve

(35:37):
year old boy has been killed inthe shooting in Long Beach and a fourteen
year old girl was hurt. Policesay the two were walking along Lewis Avenue
late last night between Martin Luther,King Junior and Orange Avenues when they were
approached by at least two guys inthe car and someone inside those cars started
shooting. Also, the man suspectedof killing American teenager Natalie Holloway and Ruba

(35:58):
in two thousand and five is beingextradited to the US to face federal fraud
charges. Here's the deal. So, Natalie Halloway's body was never found and
charges were never filed against your inVander Salute. However, he is charged
with trying to extort money from NatalieHolloway's family. Yeah, Joel lars Guard,
good morning to you. Joel isthe host of How To Money Sunday's

(36:22):
twelve to two here on KFI.And I'm telling you, if you're in
the new in the market for anew car, holy cow, just stay
in the market for a little whilelonger. Yes, I think I think
you're right. Hold off as longas you possibly can, because new car
prices are through the roof, andwe're talking the average new car price hit
forty eight thousand dollars in March,which is just unfathomable owne factor in higher

(36:46):
interest rates combined with that, we'retalking about monthly payments, you know,
getting closer to a thousand dollars likein the in the upper seven hundred Graine.
So it's it's a bad time tobe out there trying to find a
new car, you know. Andsome people are thinking, like, wow,
that's close to a rent payment anymore. Well, yeah, rents have
gone up uite a bit too,right, So maybe that's rent payments from

(37:08):
like two thousand and six or somethinglike that. Yes, But but it
is funny, like the older Iget, the more I'm like, oh,
I remember that a car payment usedto cost a rent cost. But
it's yeah, so but it istrue. I mean, that's how expensive
cars are getting. And I doworry. It's just one of these places
where it just feels normal to buya new car. But it's it just

(37:30):
it can't be normal if you wantto make progress with your money in other
ways. For most people, likeI am, I feel the pain by
the way, because I am inthe market to buy a used car.
Mine was just rear ended total,and so I'm trying to find something new,
and it's tough out there to findeven a reasonably priced used car.
So but so I just I wantpeople to really think long and hard if

(37:53):
they if they don't have to finda new car right now, it's just
a great time to be holding offas long as you can, babing the
car that you currently have, makingthe fixes and kind of making it a
car that you're happy to drive forat least a couple more years, because
we don't know how long it's goingto take for the car market to return
to normalcy, but it's still wayout of whack right now. All right,

(38:13):
Well, now, if you haveto buy a new car right now,
and you are spending nearly a thousandbucks a month this next story,
you're probably thinking, well, thatmight be me. A quarter of Americans
say that they have never saved moneyfor retirement. But I guess if you're
somebody who's living paycheck to paycheck,maybe you do have a lot of debt
and now you're seeing those prices goup, it makes absolute sense. You're

(38:35):
just working to keep a roof overyour head and food on the table at
this point. Yeah, And Imean there are a lot of people who
because of just the circumstances of whatthey earn and with rising costs of costs
of so many things, that itis difficult to kind of keep up with
inflation, and maybe their salary hasn'tkept up with it, and so they
are living paycheck to paycheck. Butthere's a whole slow of folks, and

(38:58):
these are the folks I'm really tryingto reach more than a name thing who
have the ability to really change theirown circumstances. And we're talking about buying
that new car, Well, ifyou buy a forty eight thousand dollars vehicle,
yeah, it's going to be awhole lot harder to save anything for
your retirement. And so I thinka big portion of that twenty five percent
who have never contributed anything to aretirement account, like they could find a

(39:21):
way to put a couple of percentagepoints away into a workplace retirement encounter,
into a roth IRA if they don'thave access to one of those. And
one thing I like, Jennifer forpeople to do to kind of to kind
of identify with their future cells sothat they feel more compelled to invest for
their future. Now is to usesomething called the face app. Download the
face app, take a picture ofyourself, and it'll generate like a visual

(39:42):
image of what you're going to looklike thirty years from now. I've done
it for myself. I'm going toage gracefully, I think, which is
which is wonderful. Yeah, butI think seeing what you're going to look
like decades down the road can helpyou understand. Wait a second, I
am going to get older and Iam going to I'm gonna need money for
future me. And I think there'slike an empathetic sort of response that we

(40:05):
intuibibly have when we see an agediversion of ourselves that makes us more compelled
to invest for that future person thatwe now like realize is actually coming to
It's easy to put it off andbe like, I'm never getting old,
but the truth is we're all goingto get old, and it's important to
start saving money for the future.And I think that's one tangible way that
we were more likely to do it. I have done the face tapp,

(40:28):
and just for anybody out there listening, I don't care how much you bleach
your hair that would be me tomake it not gray, or how much
botox and filler you get also me, it doesn't matter. It's going to
still show you. Yeah, Imean it's it's we're all going there right.
There's there's no way around it.So but the more we push it
off and assume that we won't,the more we can justify the spending in

(40:50):
the here and now and avoid kindof it's gonna be paying one way or
another, either now or later.And I want people to institute on purpose,
a little bit of painting their livesat removing some of their current spending
so they can set aside some moneyfor their future. Okay, Jason Middleton
was just talking about AI when hewas in here, and I know that's
been a thing that I feel likeI can't do a business report anymore,

(41:14):
or even sometimes just a regular oldeveryday report, you know, news report
without AI somehow making its way intothe newscast and in this case banking in
the metaverse. I'm not sure ifthis makes me nervous. I mean,
it feels like I could go tochat GPT and be like, hey,
make me a millionaire and then boom, all of a sudden, it'll be

(41:36):
in my bank account. But Iguess that's not the case. Yeah,
I mean, I think AI andthe metaverse are two different things in my
mind, and it seems like themetaverse, at least from my vantage point,
has failed catastrophically, and nobody,especially after COVID and lockdowns and time
alone, nobody wants to spend timein the metaverse. Sorry, And I
would rather be out in the realworld, going on hikes, hanging out

(41:58):
with friends. Right, So I'mthe metaverse is what it is, and
I think it's going to just kindof go away at some point. AI
not so much, and so I'mcurious to see the impact that AI is
going to have about our personal finances. I think at some point it really
is going to make a big deal. And I think Turbo tax announced that
they had some sort of back endAI thing to help you do your taxes.

(42:19):
I don't know how much that wasactual marketing or how much that was
actually accurate. It was just kindof helping people with really really basic tax
circumstances file their taxes quickly, whichthey can already do. But so it's
yeah, it's interesting. I don'tknow how far or how big the impact
is going to be of AI.It certainly seems like, based on the
prognostications of a lot of smart techfolks, that it could be bigger than

(42:42):
the Internet. But for right now, a lot of people I've seen people
ask chat GPD questions about their personalfinances. Sometimes it gives great information back,
sometimes it spits out inaccurate information,and it doesn't know kind of the
latest news on what's happening with studentloans or something like that. So you
do have to be careful before you'restarting to use kind of these these AI
generated answers to you know, informexactly how you handle your money day to

(43:04):
day. Right now, Joel,we love you. We are so glad
you're on KFI twelve to two onSundays, How to Money with Joel lars
Guard. His podcast is how toMoney as well. Have a great weekend.
I'll be listening, all right,sounds good. Thanks for having me,
Jennifer, thanks absolutely anytime. Kfi'sJoel lars Guard. I love that
guy. He's just between him withJason with kind of the macro like,

(43:29):
here's how all these things you hearin the news are going to impact you.
Then down to Joel where he doesthe more lifestylee like, Hey,
if you need a car, ifyou're banking or whatever. That Sunday like
chunk, I guess of on airtimeis so freaking educational and fun because the
two of those guys are super funand crazy and but anyway, I just

(43:52):
if you, yeah, if youwant to, if you want to know
about money, but not be preachedto while it's you know, while you're
getting your information. Those are thetwo guys to listen to. And apparently
Amy King says every day could soonbe hump day outside schools in La.
The La City Council has approved amotion that calls for speed humps to be

(44:13):
installed outside every public school in La. The motion comes just weeks after crashes
outside district schools left a woman deadand two children injured. The motion would
be similar to a speed hump installationprogram at public elementary schools in Council President
Paul Krikorian's district in North Hollywood andsurrounding areas that will be completed by the
time school starts this fall. Notimetable and no cost estimate has been given

(44:35):
for the citywide speed hump plan.There are almost eight hundred public schools in
the LA School District. Amy KingKFI News and Finally over and Wiser,
Young at heart, only a bigwiser. That's General Hospital actress Jackie Zeeman,
known for her role as Nurse BobbySpencer. I remember sitting in the

(44:58):
living room with my mom watching GeneralHospital when I was a kid. She's
died. The executive producer of theshow says he's heartbroken to announce Seman died
last night. He says she wasa bright light and a true professional.
Jackie Zeman was seventy years old.This is KFI and KOSTHD to Los Angeles,
Orange County. Beautiful sunny weekend ontap. By Saturday, highs Inland

(45:21):
could be in the eighties to thevery low nineties. We lead local live
from the KFI twenty four hour newsroom. I'm Jennifer Jones Lee. This has
been your wake up call. You'vebeen listening to your wake up call with
me Jennifer Jones Lee, and youcan always hear wake Up Call five to
six am Monday through Friday at KFIAM six forty and anytime on demand on

(45:42):
the iHeartRadio app.

Wake Up Call with Amy King News

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