August 15, 2024 • 27 mins
Host of ‘How to Money’ on KFI Joel Larsgaard joins the show to talk about half of student loan borrowers expect their student loans to be forgiven, loosening the purse strings on saving, and who to hire to manage your money. Host of ‘Later with Mo Kelly’ on KFI weekdays from 7pm-10pm wraps the show talking about Janet Jackson revealing her family tree includes Stevie Wonder, Samuel L Jackson, and Tracey Chapman.
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Episode Transcript
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Speaker 1 (00:00):
You're listenings KFI AM six forty the Bill Handles show
on demand on the iHeartRadio app. And this is KFI
AM six forty Bill Handle Morning Crew on Thursday, August fifteenth.
This morning, the Dodgers are in Milwaukee to take on
the Brewers.
Speaker 2 (00:18):
First pitch is at eleven ten.
Speaker 1 (00:20):
Listen to every play of every Dodgers game on AM
five seventy LA, and you can stream all the games
live and that's all the games in HD on the
iHeartRadio app keyword AM five seventy powered by LA Sports. Actually, Lak,
I have to read this correctly, you know that. Let
me do that again. Listen to every play of every
(00:42):
Dodgers game on AM five seventy LA, and stream all
games and HD on the iHeartRadio app keyword AM five
seventy LA Sports powered by LA Care for.
Speaker 2 (00:52):
All of LA. Now you wouldn't guess that I was
reading copy, would you? That came from the heart.
Speaker 1 (01:02):
And I even got the wrong time too, supposed to
be at eight thirty five.
Speaker 2 (01:08):
Okay, done with that.
Speaker 1 (01:11):
Joel Larsguard how to Money heard every Sunday twelve pm
to two.
Speaker 2 (01:16):
He's at how to Money. Joel, Good morning, Joel.
Speaker 3 (01:20):
Morning Bill.
Speaker 1 (01:22):
Now, interesting topic I want to share with you, and
that is the controversy regarding student loan forgiveness.
Speaker 2 (01:30):
Right, it's going to happen. It's not going to happen.
It's going to be all of the student loan. It's
going to be half the student loan.
Speaker 1 (01:39):
It's going to be you had to have paid student
loans for ten years and whatever is left you forgive.
What is going on and what are our expectations?
Speaker 4 (01:50):
The chain has been thoroughly yanked on every student loan
borrower at this point, for what feels like it has
been many many years. There was the payment pause that
just perpetuate for year after year after year, which gave
student loan borrows a lot of opportunity to increase their savings,
paid down debt at least get in a better position
when student loan payments are set to resume. It's interesting, though,
(02:13):
you said, what are the expectations. There's a new study
and Sally may report and it finds that basically half
of student loan borrowers are not just hoping for but
they're expecting forgiveness, which is interesting considering all that's happened
and every single attempt at trying to manufacture student loan
forgiveness from the executive branch has pretty much fallen flat
(02:35):
out on its face, has failed.
Speaker 3 (02:36):
So I'm just kind of shocked.
Speaker 4 (02:38):
I guess that so many people still expect that they're
going to have their student loans forgiven.
Speaker 1 (02:42):
Yeah, it's there are those of us who borrowed and
paid all of it back and are saying, wait a minute,
I had to pay it back.
Speaker 2 (02:51):
Why you get forgiveness?
Speaker 1 (02:53):
And the amount of money that is owed on student loans,
it's one point three or one point four trillion dollars.
I think that's either first or second to the amount
of money that's owed. And this is what to the
government or is this to both the government and all institutions.
Speaker 3 (03:12):
And private student lenders? Too?
Speaker 4 (03:13):
Right, but it's mostly government loans. But you're right, there's
this reality that not just people who borrowed money and
paid it back, but then there's also people who said,
I didn't go to school because I wanted to avoid
taking out obscene amounts of student loan debt. I started
my own business. I did something that didn't require a
college degree, and this was my way of being financially savvy.
(03:34):
And then you see people who are largely is these
college graduates who largely end up making more money over
the long run when you look at the statistics, they're
going to be bailed out essentially from the choice that
they made. So it does have this moral quality to
it that has been hasn't been addressed thoroughly by the politician.
Speaker 3 (03:52):
So it's interially.
Speaker 4 (03:55):
The safe plan that the Biden administration attempted to implement
I thought was much much better it was than just
a straight out loan forgiveness, because it at least says, listen,
ten years of on time payments, that's the only way
we're actually going to get you there towards forgiveness. I
think there are problems with the way we've handled student
loans as a country. I just don't know that the
solution is to forgive student loans. I don't even know
(04:17):
that that's likely. And then the other problem that it
poses is what's going to happen to college costs. Once
the colleges realize, hey, guess what student loans are going
to be forgiven by the federal government, They're going to
be able to jack up their rates. Simultaneously, people are
going to be willing to pay it because they know
it's going to be forgiven on the back end.
Speaker 2 (04:34):
And there's two sides to that coin.
Speaker 1 (04:36):
Because when I borrow the money, it was not crazy tuition, right,
it was reasonable, and I went out and got a
job as a lawyer pretty quickly, and so that sort
of worked out. Today you're in debt, hundreds of thousands
of dollars, very difficult to get a job, and it's
just it's just not the same and it's just this debt,
(04:58):
the student debt is justice albatross.
Speaker 2 (05:01):
So it's a very different world.
Speaker 1 (05:02):
Fifty thousand dollars tuition at UCLA for law.
Speaker 2 (05:06):
School or medical school.
Speaker 3 (05:09):
I mean, that's a problem, and that's a problem.
Speaker 4 (05:10):
And some people would say, actually that the easy borrowing,
the easy money, has actually increased the cost of cos
that's part of the reason that college costs have escalated
so so extremely because when you look at kind of
a chart of what's happened to inflation over the past
twenty years, it's healthcare costs and college costs that have
risen the most dramatically. There are other things that we're
saving massive amounts of money. On the big screen TV,
(05:31):
you're gonna buy or the cell phone service. When it
comes to those two things, those costs are prison astronomically,
and it's a problem and we have to figure out
how to tackle it as a country. Student loan forgiveness,
just blanketing and doing that one time forgiveness. I just
don't know that that is the best way to go
about it, though.
Speaker 2 (05:45):
And it's going to break the bank.
Speaker 3 (05:47):
Yeah, I mean it's just a problem.
Speaker 2 (05:48):
Yeah, huge, all right.
Speaker 1 (05:50):
And this is a counterintuitive Joel. We've been talking over
and over and you push push, push, as I do.
People have to save more money. Yeah, we spend too
much money in this country.
Speaker 2 (06:04):
It's that simple. We don't have savings.
Speaker 1 (06:06):
However, counterintuitively, there's a group of people people you're saying,
spend more money. And obviously you've been talking to my
two daughters with my credit card and that, and they
pay attention big time to you.
Speaker 4 (06:19):
Well, you know, I just like to hurt you financially
in any way that I can build. Yeah it works, Yes,
I can encourage your daughters to go in that hard
in that direction. I'm going to Yeah, it is a
rare It's a rare thing, right in this country where
most individuals spend pretty much what they bring in, they
have very little leftover for savings. There's a small percentage
of people that is intentional about saving ridiculous sums of money,
(06:43):
and then they find it almost impossible to spend even
on things that they really want or that matter deeply
to them. And so there was this article in The
Atlantic that kind of kicked off the way I'm thinking.
The way I'm thinking about this, But basically, people get
super anxious about spending anything because any money that's not
going into investments or savings, it feels like they're making
a bad decision.
Speaker 3 (07:04):
And typically so much of the time, this stems from.
Speaker 4 (07:06):
Something that happened in childhood, which I can vouch for
because that's part of the reason I do what I
do was my parents. I remember arguments about money when
my dad lost his job, a car repossession, and that
has stuck in my crawl. And it's taken me a
long time to get over some of my scarcity tendencies
towards money. And I'm not like completely over them either,
but like I've done a lot of work to try
(07:27):
to find a more balanced approach. And it's hard for
a lot of people out there, especially if you've been
through something in your youth.
Speaker 1 (07:33):
My dad was very very cheap, I mean just crazy cheap.
For example, we used to have Welch's grape juice. Remember
those cans, those from the little cans of Welch's grape juice.
And the can says you do three to one, three
parts water to one part juice, and he would put
ten to one. And I had no idea that it
(07:56):
could actually taste like grape juice.
Speaker 3 (07:59):
If you paid attention, it's like water with a hint
of grape.
Speaker 2 (08:02):
Yeah. Yeah. And that was simply the way he did business.
Speaker 1 (08:05):
And I remember once I needed a typewriter for school,
and we went on bought the cheapest Seers typewriter you
get your hands on. And I had casually mentioned that
my best friend, his dad's lawyer, had the IBM Selectric typewriter,
you know, this great, expensive, beautiful electric typewriter with great technology.
(08:27):
And he said, you know what the difference is between
those typewriters. The difference is just the name. They rip
you off. There is no difference. I mean that was
his thinking. I grew up with that, yeah, and it
took me a long time, but still I live under
my means, and I.
Speaker 2 (08:45):
Have probably oversaved.
Speaker 1 (08:46):
Yeah, of course, of course my daughter's changed that one around,
by the way, as much as.
Speaker 3 (08:51):
A better problem to have right to have oversaved than
other saved.
Speaker 2 (08:54):
And I do.
Speaker 4 (08:54):
And I's what's the worst that happens there? Except for
I don't know. There's these stories bill of people. I see,
like articles written about a janitor who saved his whole life,
dies with eight million dollars in his retirement account, lived
a ridiculously meager lifestyle for his whole entire life, and
then it gives the money the local library or something
like that. And that's admirable, that's kind of cool. But
(09:16):
I also see like some sadness when I read those stories,
because I don't want to be that guy, Like I
want to be able to enjoy my money in the
here and now while I'm saving and investing for the
future too. And I think some people maybe take too
extreme of an approach. It's like the fire crowd financial independence,
retire early, and maybe you're missing out on something if
you have this myopic gaze about amassing this massive number
for your future early retirement, and maybe you're like nose
(09:39):
to the grindstone for twelve fourteen years to get there,
and you miss out on a lot of life in
the process.
Speaker 2 (09:45):
Do you go into therapy to deal with it?
Speaker 3 (09:48):
No, but there is financial therapy.
Speaker 4 (09:50):
Is I kind of sort of did because my wife
is actually in school to become a therapist. She's almost
about to graduate. She started seeing clients, so I'm kind
of like her guinea pig at home. So in some ways, yes,
but no, I haven't actually gone to see a therapist
to talk about this. But financial therapy is kind of
this growing realm of therapy where people are able to
talk about and connect some of the money issues that
they deal with now, whether it's overspending or underspending, and
(10:12):
talk about it with someone who has like uses therapeutic techniques,
but incorporates personal finance into the conversation. And I think
that's really cool because I think a lot of people
do have hang ups that they need to work through.
You can do it by yourself, it just might be
take longer and be harder. I think I love seeing
financial therapy kind of blossom as an industry.
Speaker 1 (10:30):
Well, you know, I joke about buying my clothes at Costco,
But the reality is, first of all, it's absolutely true,
And the reality is I do have a difficult time
paying more than sixteen dollars for a pair of shorts
or sixteen dollars for a shirt.
Speaker 2 (10:44):
I mean, it really does it.
Speaker 1 (10:46):
And I can afford a nice shirt, but buying an
eighty dollars shirt, I mean it's like taking a knife
and sticking into.
Speaker 3 (10:51):
My heart, which I totally get.
Speaker 4 (10:53):
And I think it's okay to say, Listen, I don't
care about clothing, and so I'm going to spend as
little as possible on that.
Speaker 3 (10:59):
I'm only going to buy the call stuff. But I
think the other.
Speaker 4 (11:01):
Key, though, is to be able to spend mindfully. I
call it the craft beer equivalent, because I really like
craft beer and I'll spend a lot of money on
good beer.
Speaker 3 (11:09):
And so what is that for?
Speaker 4 (11:11):
You figure out what that is, and it could be
two or three things in your life. It's not one
hundred things typically, but it's like, you know what, I
feel really great when I spend money on this and this,
and then.
Speaker 3 (11:20):
Make that a priority. Ramp up your spending in those areas.
Speaker 4 (11:23):
If you're finding it hard to spend more money, you
don't necessarily have to ramp up every bit of your
life and spend more everywhere. In fact, that would probably
be a recipe for disaster. But find those couple of
areas where you can ramp up the spending and maybe
find a little more balanced in the process.
Speaker 1 (11:37):
Joel Sunday, twelve to two pm and next week, same time,
same station.
Speaker 2 (11:43):
Here you have a good one.
Speaker 3 (11:45):
Tell you too, Bill.
Speaker 1 (11:46):
And this is a story I was gonna do yesterday,
and it has to do with Starbucks.
Speaker 2 (11:51):
The current CEO is no longer the current CEO.
Speaker 1 (11:55):
He's been tossed, and he's a very interesting guy, except
that he didn't do Starbucks and he favors And I'll
explain that in a moment. But first I just was
told by and that Kno was a Starbucks barista for
ten years.
Speaker 2 (12:17):
That explains so much, Kno? Does it?
Speaker 3 (12:20):
Does it explain a lot?
Speaker 5 (12:22):
Oh?
Speaker 1 (12:22):
Yeah, it explains a lot. So how do you last
number one ten years?
Speaker 2 (12:28):
Two? How do you put together half decaf, half.
Speaker 1 (12:31):
Mocha, a little bit of this and a little bit
of that and a little bit of that fifteen times
in a row?
Speaker 3 (12:37):
Yeah, you remember it all?
Speaker 5 (12:38):
And it always it's always a star up first, and
then the espresso and then the milk.
Speaker 2 (12:43):
Right after.
Speaker 3 (12:44):
Wow, he's like a genius. Listen, I'm pretty good. I
was really good at customer service.
Speaker 6 (12:49):
So is it true that it used to be Baristo
until you started?
Speaker 1 (12:53):
No?
Speaker 2 (12:54):
Yeah, that's kind of interesting right there.
Speaker 1 (12:56):
You think you think Baristo's would argue that that is
sexual discrimination.
Speaker 6 (13:01):
There actually isn't a male version. It's barista for both
men and women.
Speaker 2 (13:06):
Thank you.
Speaker 1 (13:08):
That's why you're here, Neil, to help with stuff like that. Yes, Handela, Okay,
Now here's what happened. This guy Laxman and naw Ross
Siemhan is a brit actually, and he ran. He was
working for a company that in England and he was
(13:31):
able to do a great job, having nothing to do
with food, and they brought him over and he went.
First thing he did is he took six months to
become a barista. He was there, he made the coffee,
he swept the place. He's one of those people and
it didn't work out. So he's out. And the reason
is sales have basically tanked. The value of Starbucks has
(13:56):
gone downhill, and for two reasons, one of which they
can't control very much. The market in China has exploded
and there are some competing brands that have completely overrun
the Chinese market to the point where Starbucks some Starbucks
are closing and there's no longer growth. The other one
(14:17):
is sales in the United States are going down where
people just aren't drinking as much Starbucks. And I understand
that I don't like Starbucks. It's too bitter for me.
It's not very good to me. It's very expensive. And
(14:37):
what I don't understand is you can make a cup
of coffee with one of those little machines. I have
an espresso, when Neil has an Espresso one, it's every
bit as good, and it's seventy cents to a dollar.
Speaker 2 (14:50):
So Neil explained, first of all, how you like espresso coffee.
Speaker 1 (14:55):
And you're not, And then waiting in line, in that
ridiculous line to get a cup of coffee is kind
of nuts.
Speaker 6 (15:03):
It's it's cult. I mean, that's the whole point they
came on the scene. I had a friend who very
early on, who worked at KFI, was approached and a
friend said, hey, you should buy this coffee company.
Speaker 3 (15:16):
They're coming to California.
Speaker 6 (15:17):
And he's like, who in California where it's you know,
seventy five degrees on a cold day is going to
buy coffee, and he kicks himself to this day for
not buying the stock. But Starbucks, they kind of made
this little niche market become this massive brand and people
(15:40):
would buy it at all costs. And I don't know
that that's where people are right now, and they know
more about coffee than ever before. I you cannot walk
in my neighborhood without coming across ten different coffee houses
and they're all packed, and none of them are Starbucks.
Speaker 2 (15:59):
Yeah, it used to be star Bucks was on every corner.
Speaker 1 (16:02):
I mean I've seen Starbucks where literally their kidney corner
from each other, on the same cross streets.
Speaker 6 (16:09):
Oh, we will have on the eastern side of Los Angeles.
Here you'll have a coffee shop, another shop of some kind,
and then a coffee shop over and over and over
and over and over. And it's like that everywhere. And
people know a lot about coffee. And like you said,
the bitterness, the over cooked bitterness of Starbucks is now
(16:32):
seen as not a great coffee. Plus it's they're basically
milkshakes at this point.
Speaker 2 (16:38):
Yeah, it's true.
Speaker 1 (16:38):
The frappuccino, cappuccino, and you I mentioned what. They have
a puppuccino. Yeah, I mean, come, yes, ground up pups
and they use.
Speaker 3 (16:51):
No no, it's just a little cup of whipped cream
that you can ask before your dog.
Speaker 2 (16:56):
Oh that's so sweet, it's so sweet. Yeah, that's terrific.
That's what. It's so good for your dog too, whipped cream.
Speaker 1 (17:04):
Nothing better, So, Neil, I'm assuming the influx of home
coffee makers and individual I used to think that percolators
was the way you did coffee, or you do multiple
cups of coffee, and now they're all individual cups of
coffee and that's the way I do it. And it's
just phenomenal good coffee.
Speaker 3 (17:27):
Oh yeah.
Speaker 6 (17:27):
That It started with the Kurigs and things like that,
where you know they were fine and expedient, and then
you go up to.
Speaker 3 (17:35):
Espresso machines.
Speaker 6 (17:37):
They're fantastic and the pods are recyclable now in many cases,
and you get really high end coffee.
Speaker 3 (17:44):
I'm a huge fan of.
Speaker 6 (17:47):
Cafe at La Jave, which is a I think it's
a brand of Don Francisco's. I think they're the parent
company of it, and it's phenomenal. It makes a great espresso.
And that's the other I could do it one cup
at a time.
Speaker 2 (18:02):
And that's the way the machines, or at least the machines.
Speaker 1 (18:04):
I know, Wayne by the way, has a machine, a
coffee maker, but it is a real espresso machine.
Speaker 2 (18:11):
I mean with the steam and milk. I used to
have one of those, complete pain in the ass.
Speaker 3 (18:18):
Mark Thompson does as well.
Speaker 6 (18:19):
Mark Thompson has a very high end machine, and we
even looked at getting a Mila built in here at
the house. I don't know that we drink that much coffee,
but you can get these things. And you know, Wanne's
the type that likes, you know, to learn something, deep
dive and learn into something. And I could see him
(18:40):
wanting the perfect cup of coffee and being willing to
make it.
Speaker 1 (18:44):
Me.
Speaker 3 (18:44):
The pod stuff, I think is.
Speaker 6 (18:46):
Pretty phenomenal at this point when you get into the
espresso machine.
Speaker 2 (18:50):
Yeah, I love it. I love it.
Speaker 1 (18:51):
And it's they it's what freeze dried, or it's just
regular coffee that then is sealed. I think there are
various kinds we both use. We both have espresso machines.
Speaker 6 (19:05):
My wife has a carrying case for it, and when
we went to the East Coast recently, it traveled on
the plane with us. That's how much she likes our
espresso machine. She doesn't risk it. It goes everywhere with us.
Speaker 2 (19:21):
Yeah.
Speaker 1 (19:22):
And by the way, for those if there's a distributor
of espresso out there, we just gave you a pitch,
And why don't you email us and send me a
free and espresso machine, because that's worthwhile.
Speaker 2 (19:33):
I just want to let you know.
Speaker 3 (19:35):
Wow, why you've already bought.
Speaker 2 (19:37):
One, It doesn't matter. I can always use another one.
Speaker 6 (19:39):
I purchased them for family and friends. You want a freebee?
Speaker 2 (19:42):
Yeah, that's true. And why is that?
Speaker 1 (19:44):
Because I'm a complete whore and a hypocrite. Why do
you ask?
Speaker 6 (19:50):
No, anyone that comes over and has it there, all
this is great.
Speaker 3 (19:53):
We send them as a gift.
Speaker 2 (19:54):
Well, it's pretty neat.
Speaker 6 (19:55):
Except now I'm not going to do that because everybody
listening is going to say, oh, this is a great
coffee when they come over, and I'll go, no, kono,
that's over at the.
Speaker 2 (20:02):
Conah, Why did you leave, by the way, cono really quickly?
Speaker 5 (20:07):
I went back to school, okay, and I had other jobs.
That was like my third job, so I could carry
all of them.
Speaker 6 (20:14):
All right, fair enough, All right, out with Mexican only
three jobs.
Speaker 1 (20:19):
Yeah, at the same time just look bad. Yeah, well
what do you do? By the way, what did you
do Cono when people put in artificial grass?
Speaker 2 (20:28):
How did you keep making a living?
Speaker 3 (20:30):
I worked at Starbucks?
Speaker 1 (20:32):
Okay, that makes sense. And every Thursday we end the
show with Mo Kelly. Moe is heard tonight Monday through Friday,
seven to ten pm. His social address at mister mo
Kelly and good morning.
Speaker 3 (20:46):
Mo, Good morning Bill.
Speaker 2 (20:47):
Okay, I have.
Speaker 1 (20:49):
Heard Janet Jackson and her family tree includes Stevie on Wonder,
Samuel Jackson, Tracy Chapman, h Abraham Lincoln, virtually, Charlie Chaplin,
virtually everybody on the planet.
Speaker 2 (21:08):
It's not all. It's six degrees of separation with the planet.
Speaker 7 (21:12):
It's crazy to think that after all these years, no
one knew this information. And part of it is because
the Jackson family, of which of course includes Janet Jackson,
no one made any real mention of it. She was
in a BBC interview a couple of days ago and
as she was promoting her European tour and revealed this
information and said that not many people knew about it.
Speaker 3 (21:34):
Listen to this quick clip.
Speaker 2 (21:37):
Have I gone that long in life.
Speaker 5 (21:38):
Not a lot of people know that he's our cousin
on my mother's side. So is Tracy Chapman, so is
Samuel Jackson.
Speaker 7 (21:51):
So Stevie, is what to you my cousin Tracy Chapman,
cousin Samuel Jackson.
Speaker 3 (21:57):
He would be a cousin too, I mean he's not
my brother.
Speaker 2 (22:00):
Yeah fine, but yes, I never knew.
Speaker 3 (22:04):
No one knew that. No one knew that.
Speaker 7 (22:06):
And that's the scary part about this is because you
would think, in this age of the Internet, that all
that information would have already been out there. But you know,
those are some of the I wouldn't say secrets, but
those some of the lesser known aspects of the Jackson
family clan. Can you imagine what that family reunion would
be like if everyone actually showed up?
Speaker 1 (22:24):
Well, Janet Jackson would come topless, I know she probably wouldn't. Yeah,
well half topless, and everybody else shows up. Samuel Jackson,
I love Stevie. Wonder well he would he probably run
into doors? I mean, there's you're right, that would be
one hell of a family reunion.
Speaker 3 (22:43):
Hey, I wonder has people help him around the house? Right?
You know that? Right?
Speaker 2 (22:47):
No, I didn't know that.
Speaker 1 (22:48):
He once was at the performance studio which we have
at KFI, and upstairs there is disused for small me
and I don't know. It's maybe twenty five by twenty
five or thirty five by thirty five. It's a fairly
small studio and there's a little they can put a
(23:09):
little stage up there, and they have people there who.
Speaker 2 (23:13):
Have interviewed on the other stations.
Speaker 1 (23:15):
They go to MA, or they go to a Kiss
or Big Boy interviews him, and then sometimes they'll perform
up there. And I once saw Stevie Wonder. Oh my god,
to see Stevie Wonder that close in a room with
twenty five people was absolutely magic.
Speaker 2 (23:33):
And he makes fun of the fact that he's blind.
Speaker 7 (23:36):
Not only does he make fun of the fact that
he's very funny as a person. And he'll tell you
of the many times that he has driven, so yes,
people have let him drive before.
Speaker 2 (23:46):
Yeah, I mean, it was just one of the funniest things.
Speaker 1 (23:48):
And he told some stories about leaving Motown and taking
a a garbage bag, one of those big fifty five
gallon black garbage bags full of tapes that he had
written songs. I mean hundreds and hundreds of songs. I mean, what,
I just a talent extraordinaire. And he made fun absolutely
(24:12):
of being blind. For example, he knows an ambulances coming
by the Doppler effect and that's the only reason he knows.
And we talked about my kids went to the same
school as his kids went to I don't know, one
of his twenty five kids or whatever. And when I
was introduced to him, I said, you know.
Speaker 2 (24:31):
Your kid goes the same school. I gotta tell you
they just raise the tuition like crazy.
Speaker 1 (24:35):
He said, yeah, yeah, absolutely, and I was angry too.
Speaker 2 (24:39):
That was great conversation.
Speaker 7 (24:41):
Do you know he owns KJLH radio station in town, No, yep,
one two point three FM, so that's part of how
he stays connected to the business.
Speaker 2 (24:49):
Yeah, he's a pretty amazing guy. I mean, I just
love that story. Just absolutely terrific.
Speaker 1 (24:54):
All right, real quickly, one quick word about Deadpool and Wolverine.
It has just been blown out of the park. Salts
coming like crazy.
Speaker 7 (25:06):
There is going to be a Deadpool for where and
when that's going to fall within the larger Marvel universe.
There's no way to know, but it crossed a billion
dollars last week.
Speaker 3 (25:15):
It is not slowing down.
Speaker 7 (25:17):
It's the biggest R movie of all time as predicted.
Speaker 3 (25:20):
It was a genius. It was a Stroker genius move.
Speaker 7 (25:22):
By allowing a full R movie into the world of Disney,
and they'll never go back.
Speaker 2 (25:28):
Got it. Mo, Thank you.
Speaker 1 (25:30):
We'll catch you tonight seven to ten pm and again
next week.
Speaker 3 (25:33):
See you soon.
Speaker 2 (25:34):
You have a good one. All right, we're done, guys.
Speaker 1 (25:37):
A couple of quick announcements Instagram at Bill Handle Show,
I met my neighbors and there's a little seven year
old girl who will now be thirty years of doing
thirty years of therapy after meeting me. That's at Bill
Handle Show on Instagram. And just in a few minutes
the podcast drops The Bill Handle Show podcasts and it's
(25:58):
every day, excuse me, Tuesdays and Thursdays, nine o'clock and
today's episode is Supreme Court the crazy ass cases that
the Supreme Court has come down with.
Speaker 2 (26:12):
You think it's nuts?
Speaker 1 (26:13):
Now? Oh what a history of just insane cases and
some commentary and just having fun.
Speaker 2 (26:20):
So just go to the Bill Handle Show.
Speaker 1 (26:23):
Podcast, Spotify, Apple, iHeartRadio app. Okay, tomorrow morning, once again
we start Amy King still wearing your Disney shirt five
o'clock until six is wake up call, and then Neil
and I come aboard. Oh Neil, here are you here tomorrow?
I thought you're filling in for someone tomorrow.
Speaker 3 (26:44):
No, I'm not here tomorrow. I'm filling in for Gary.
I'm on with Shannon tomorrow.
Speaker 2 (26:49):
Okay.
Speaker 1 (26:50):
And I have no idea who's filling in for you
tomorrow or if anybody.
Speaker 3 (26:54):
It might just be you and mean, oh good, sure
you know what, let's do.
Speaker 2 (26:59):
Let's do.
Speaker 1 (27:00):
He has no.
Speaker 2 (27:00):
Well, it's just no.
Speaker 1 (27:01):
Actually, I enjoy having you here, so there, Yeah, that beelievable.
Speaker 2 (27:06):
Yeah, all right, So it's just Amy and me.
Speaker 1 (27:13):
KF I am six forty live everywhere on the iHeartRadio app.
Speaker 2 (27:17):
You've been listening to the Bill Handle Show.
Speaker 1 (27:19):
Catch my Show Monday through Friday, six am to nine am,
and anytime on demand on the iHeartRadio app
You're listenings KFI AM six forty the Bill Handles show
on demand on the iHeartRadio app. And this is KFI
AM six forty Bill Handle Morning Crew on Thursday, August fifteenth.
This morning, the Dodgers are in Milwaukee to take on
the Brewers.
Speaker 2 (00:18):
First pitch is at eleven ten.
Speaker 1 (00:20):
Listen to every play of every Dodgers game on AM
five seventy LA, and you can stream all the games
live and that's all the games in HD on the
iHeartRadio app keyword AM five seventy powered by LA Sports. Actually, Lak,
I have to read this correctly, you know that. Let
me do that again. Listen to every play of every
(00:42):
Dodgers game on AM five seventy LA, and stream all
games and HD on the iHeartRadio app keyword AM five
seventy LA Sports powered by LA Care for.
Speaker 2 (00:52):
All of LA. Now you wouldn't guess that I was
reading copy, would you? That came from the heart.
Speaker 1 (01:02):
And I even got the wrong time too, supposed to
be at eight thirty five.
Speaker 2 (01:08):
Okay, done with that.
Speaker 1 (01:11):
Joel Larsguard how to Money heard every Sunday twelve pm
to two.
Speaker 2 (01:16):
He's at how to Money. Joel, Good morning, Joel.
Speaker 3 (01:20):
Morning Bill.
Speaker 1 (01:22):
Now, interesting topic I want to share with you, and
that is the controversy regarding student loan forgiveness.
Speaker 2 (01:30):
Right, it's going to happen. It's not going to happen.
It's going to be all of the student loan. It's
going to be half the student loan.
Speaker 1 (01:39):
It's going to be you had to have paid student
loans for ten years and whatever is left you forgive.
What is going on and what are our expectations?
Speaker 4 (01:50):
The chain has been thoroughly yanked on every student loan
borrower at this point, for what feels like it has
been many many years. There was the payment pause that
just perpetuate for year after year after year, which gave
student loan borrows a lot of opportunity to increase their savings,
paid down debt at least get in a better position
when student loan payments are set to resume. It's interesting, though,
(02:13):
you said, what are the expectations. There's a new study
and Sally may report and it finds that basically half
of student loan borrowers are not just hoping for but
they're expecting forgiveness, which is interesting considering all that's happened
and every single attempt at trying to manufacture student loan
forgiveness from the executive branch has pretty much fallen flat
(02:35):
out on its face, has failed.
Speaker 3 (02:36):
So I'm just kind of shocked.
Speaker 4 (02:38):
I guess that so many people still expect that they're
going to have their student loans forgiven.
Speaker 1 (02:42):
Yeah, it's there are those of us who borrowed and
paid all of it back and are saying, wait a minute,
I had to pay it back.
Speaker 2 (02:51):
Why you get forgiveness?
Speaker 1 (02:53):
And the amount of money that is owed on student loans,
it's one point three or one point four trillion dollars.
I think that's either first or second to the amount
of money that's owed. And this is what to the
government or is this to both the government and all institutions.
Speaker 3 (03:12):
And private student lenders? Too?
Speaker 4 (03:13):
Right, but it's mostly government loans. But you're right, there's
this reality that not just people who borrowed money and
paid it back, but then there's also people who said,
I didn't go to school because I wanted to avoid
taking out obscene amounts of student loan debt. I started
my own business. I did something that didn't require a
college degree, and this was my way of being financially savvy.
(03:34):
And then you see people who are largely is these
college graduates who largely end up making more money over
the long run when you look at the statistics, they're
going to be bailed out essentially from the choice that
they made. So it does have this moral quality to
it that has been hasn't been addressed thoroughly by the politician.
Speaker 3 (03:52):
So it's interially.
Speaker 4 (03:55):
The safe plan that the Biden administration attempted to implement
I thought was much much better it was than just
a straight out loan forgiveness, because it at least says, listen,
ten years of on time payments, that's the only way
we're actually going to get you there towards forgiveness. I
think there are problems with the way we've handled student
loans as a country. I just don't know that the
solution is to forgive student loans. I don't even know
(04:17):
that that's likely. And then the other problem that it
poses is what's going to happen to college costs. Once
the colleges realize, hey, guess what student loans are going
to be forgiven by the federal government, They're going to
be able to jack up their rates. Simultaneously, people are
going to be willing to pay it because they know
it's going to be forgiven on the back end.
Speaker 2 (04:34):
And there's two sides to that coin.
Speaker 1 (04:36):
Because when I borrow the money, it was not crazy tuition, right,
it was reasonable, and I went out and got a
job as a lawyer pretty quickly, and so that sort
of worked out. Today you're in debt, hundreds of thousands
of dollars, very difficult to get a job, and it's
just it's just not the same and it's just this debt,
(04:58):
the student debt is justice albatross.
Speaker 2 (05:01):
So it's a very different world.
Speaker 1 (05:02):
Fifty thousand dollars tuition at UCLA for law.
Speaker 2 (05:06):
School or medical school.
Speaker 3 (05:09):
I mean, that's a problem, and that's a problem.
Speaker 4 (05:10):
And some people would say, actually that the easy borrowing,
the easy money, has actually increased the cost of cos
that's part of the reason that college costs have escalated
so so extremely because when you look at kind of
a chart of what's happened to inflation over the past
twenty years, it's healthcare costs and college costs that have
risen the most dramatically. There are other things that we're
saving massive amounts of money. On the big screen TV,
(05:31):
you're gonna buy or the cell phone service. When it
comes to those two things, those costs are prison astronomically,
and it's a problem and we have to figure out
how to tackle it as a country. Student loan forgiveness,
just blanketing and doing that one time forgiveness. I just
don't know that that is the best way to go
about it, though.
Speaker 2 (05:45):
And it's going to break the bank.
Speaker 3 (05:47):
Yeah, I mean it's just a problem.
Speaker 2 (05:48):
Yeah, huge, all right.
Speaker 1 (05:50):
And this is a counterintuitive Joel. We've been talking over
and over and you push push, push, as I do.
People have to save more money. Yeah, we spend too
much money in this country.
Speaker 2 (06:04):
It's that simple. We don't have savings.
Speaker 1 (06:06):
However, counterintuitively, there's a group of people people you're saying,
spend more money. And obviously you've been talking to my
two daughters with my credit card and that, and they
pay attention big time to you.
Speaker 4 (06:19):
Well, you know, I just like to hurt you financially
in any way that I can build. Yeah it works, Yes,
I can encourage your daughters to go in that hard
in that direction. I'm going to Yeah, it is a
rare It's a rare thing, right in this country where
most individuals spend pretty much what they bring in, they
have very little leftover for savings. There's a small percentage
of people that is intentional about saving ridiculous sums of money,
(06:43):
and then they find it almost impossible to spend even
on things that they really want or that matter deeply
to them. And so there was this article in The
Atlantic that kind of kicked off the way I'm thinking.
The way I'm thinking about this, But basically, people get
super anxious about spending anything because any money that's not
going into investments or savings, it feels like they're making
a bad decision.
Speaker 3 (07:04):
And typically so much of the time, this stems from.
Speaker 4 (07:06):
Something that happened in childhood, which I can vouch for
because that's part of the reason I do what I
do was my parents. I remember arguments about money when
my dad lost his job, a car repossession, and that
has stuck in my crawl. And it's taken me a
long time to get over some of my scarcity tendencies
towards money. And I'm not like completely over them either,
but like I've done a lot of work to try
(07:27):
to find a more balanced approach. And it's hard for
a lot of people out there, especially if you've been
through something in your youth.
Speaker 1 (07:33):
My dad was very very cheap, I mean just crazy cheap.
For example, we used to have Welch's grape juice. Remember
those cans, those from the little cans of Welch's grape juice.
And the can says you do three to one, three
parts water to one part juice, and he would put
ten to one. And I had no idea that it
(07:56):
could actually taste like grape juice.
Speaker 3 (07:59):
If you paid attention, it's like water with a hint
of grape.
Speaker 2 (08:02):
Yeah. Yeah. And that was simply the way he did business.
Speaker 1 (08:05):
And I remember once I needed a typewriter for school,
and we went on bought the cheapest Seers typewriter you
get your hands on. And I had casually mentioned that
my best friend, his dad's lawyer, had the IBM Selectric typewriter,
you know, this great, expensive, beautiful electric typewriter with great technology.
(08:27):
And he said, you know what the difference is between
those typewriters. The difference is just the name. They rip
you off. There is no difference. I mean that was
his thinking. I grew up with that, yeah, and it
took me a long time, but still I live under
my means, and I.
Speaker 2 (08:45):
Have probably oversaved.
Speaker 1 (08:46):
Yeah, of course, of course my daughter's changed that one around,
by the way, as much as.
Speaker 3 (08:51):
A better problem to have right to have oversaved than
other saved.
Speaker 2 (08:54):
And I do.
Speaker 4 (08:54):
And I's what's the worst that happens there? Except for
I don't know. There's these stories bill of people. I see,
like articles written about a janitor who saved his whole life,
dies with eight million dollars in his retirement account, lived
a ridiculously meager lifestyle for his whole entire life, and
then it gives the money the local library or something
like that. And that's admirable, that's kind of cool. But
(09:16):
I also see like some sadness when I read those stories,
because I don't want to be that guy, Like I
want to be able to enjoy my money in the
here and now while I'm saving and investing for the
future too. And I think some people maybe take too
extreme of an approach. It's like the fire crowd financial independence,
retire early, and maybe you're missing out on something if
you have this myopic gaze about amassing this massive number
for your future early retirement, and maybe you're like nose
(09:39):
to the grindstone for twelve fourteen years to get there,
and you miss out on a lot of life in
the process.
Speaker 2 (09:45):
Do you go into therapy to deal with it?
Speaker 3 (09:48):
No, but there is financial therapy.
Speaker 4 (09:50):
Is I kind of sort of did because my wife
is actually in school to become a therapist. She's almost
about to graduate. She started seeing clients, so I'm kind
of like her guinea pig at home. So in some ways, yes,
but no, I haven't actually gone to see a therapist
to talk about this. But financial therapy is kind of
this growing realm of therapy where people are able to
talk about and connect some of the money issues that
they deal with now, whether it's overspending or underspending, and
(10:12):
talk about it with someone who has like uses therapeutic techniques,
but incorporates personal finance into the conversation. And I think
that's really cool because I think a lot of people
do have hang ups that they need to work through.
You can do it by yourself, it just might be
take longer and be harder. I think I love seeing
financial therapy kind of blossom as an industry.
Speaker 1 (10:30):
Well, you know, I joke about buying my clothes at Costco,
But the reality is, first of all, it's absolutely true,
And the reality is I do have a difficult time
paying more than sixteen dollars for a pair of shorts
or sixteen dollars for a shirt.
Speaker 2 (10:44):
I mean, it really does it.
Speaker 1 (10:46):
And I can afford a nice shirt, but buying an
eighty dollars shirt, I mean it's like taking a knife
and sticking into.
Speaker 3 (10:51):
My heart, which I totally get.
Speaker 4 (10:53):
And I think it's okay to say, Listen, I don't
care about clothing, and so I'm going to spend as
little as possible on that.
Speaker 3 (10:59):
I'm only going to buy the call stuff. But I
think the other.
Speaker 4 (11:01):
Key, though, is to be able to spend mindfully. I
call it the craft beer equivalent, because I really like
craft beer and I'll spend a lot of money on
good beer.
Speaker 3 (11:09):
And so what is that for?
Speaker 4 (11:11):
You figure out what that is, and it could be
two or three things in your life. It's not one
hundred things typically, but it's like, you know what, I
feel really great when I spend money on this and this,
and then.
Speaker 3 (11:20):
Make that a priority. Ramp up your spending in those areas.
Speaker 4 (11:23):
If you're finding it hard to spend more money, you
don't necessarily have to ramp up every bit of your
life and spend more everywhere. In fact, that would probably
be a recipe for disaster. But find those couple of
areas where you can ramp up the spending and maybe
find a little more balanced in the process.
Speaker 1 (11:37):
Joel Sunday, twelve to two pm and next week, same time,
same station.
Speaker 2 (11:43):
Here you have a good one.
Speaker 3 (11:45):
Tell you too, Bill.
Speaker 1 (11:46):
And this is a story I was gonna do yesterday,
and it has to do with Starbucks.
Speaker 2 (11:51):
The current CEO is no longer the current CEO.
Speaker 1 (11:55):
He's been tossed, and he's a very interesting guy, except
that he didn't do Starbucks and he favors And I'll
explain that in a moment. But first I just was
told by and that Kno was a Starbucks barista for
ten years.
Speaker 2 (12:17):
That explains so much, Kno? Does it?
Speaker 3 (12:20):
Does it explain a lot?
Speaker 5 (12:22):
Oh?
Speaker 1 (12:22):
Yeah, it explains a lot. So how do you last
number one ten years?
Speaker 2 (12:28):
Two? How do you put together half decaf, half.
Speaker 1 (12:31):
Mocha, a little bit of this and a little bit
of that and a little bit of that fifteen times
in a row?
Speaker 3 (12:37):
Yeah, you remember it all?
Speaker 5 (12:38):
And it always it's always a star up first, and
then the espresso and then the milk.
Speaker 2 (12:43):
Right after.
Speaker 3 (12:44):
Wow, he's like a genius. Listen, I'm pretty good. I
was really good at customer service.
Speaker 6 (12:49):
So is it true that it used to be Baristo
until you started?
Speaker 1 (12:53):
No?
Speaker 2 (12:54):
Yeah, that's kind of interesting right there.
Speaker 1 (12:56):
You think you think Baristo's would argue that that is
sexual discrimination.
Speaker 6 (13:01):
There actually isn't a male version. It's barista for both
men and women.
Speaker 2 (13:06):
Thank you.
Speaker 1 (13:08):
That's why you're here, Neil, to help with stuff like that. Yes, Handela, Okay,
Now here's what happened. This guy Laxman and naw Ross
Siemhan is a brit actually, and he ran. He was
working for a company that in England and he was
(13:31):
able to do a great job, having nothing to do
with food, and they brought him over and he went.
First thing he did is he took six months to
become a barista. He was there, he made the coffee,
he swept the place. He's one of those people and
it didn't work out. So he's out. And the reason
is sales have basically tanked. The value of Starbucks has
(13:56):
gone downhill, and for two reasons, one of which they
can't control very much. The market in China has exploded
and there are some competing brands that have completely overrun
the Chinese market to the point where Starbucks some Starbucks
are closing and there's no longer growth. The other one
(14:17):
is sales in the United States are going down where
people just aren't drinking as much Starbucks. And I understand
that I don't like Starbucks. It's too bitter for me.
It's not very good to me. It's very expensive. And
(14:37):
what I don't understand is you can make a cup
of coffee with one of those little machines. I have
an espresso, when Neil has an Espresso one, it's every
bit as good, and it's seventy cents to a dollar.
Speaker 2 (14:50):
So Neil explained, first of all, how you like espresso coffee.
Speaker 1 (14:55):
And you're not, And then waiting in line, in that
ridiculous line to get a cup of coffee is kind
of nuts.
Speaker 6 (15:03):
It's it's cult. I mean, that's the whole point they
came on the scene. I had a friend who very
early on, who worked at KFI, was approached and a
friend said, hey, you should buy this coffee company.
Speaker 3 (15:16):
They're coming to California.
Speaker 6 (15:17):
And he's like, who in California where it's you know,
seventy five degrees on a cold day is going to
buy coffee, and he kicks himself to this day for
not buying the stock. But Starbucks, they kind of made
this little niche market become this massive brand and people
(15:40):
would buy it at all costs. And I don't know
that that's where people are right now, and they know
more about coffee than ever before. I you cannot walk
in my neighborhood without coming across ten different coffee houses
and they're all packed, and none of them are Starbucks.
Speaker 2 (15:59):
Yeah, it used to be star Bucks was on every corner.
Speaker 1 (16:02):
I mean I've seen Starbucks where literally their kidney corner
from each other, on the same cross streets.
Speaker 6 (16:09):
Oh, we will have on the eastern side of Los Angeles.
Here you'll have a coffee shop, another shop of some kind,
and then a coffee shop over and over and over
and over and over. And it's like that everywhere. And
people know a lot about coffee. And like you said,
the bitterness, the over cooked bitterness of Starbucks is now
(16:32):
seen as not a great coffee. Plus it's they're basically
milkshakes at this point.
Speaker 2 (16:38):
Yeah, it's true.
Speaker 1 (16:38):
The frappuccino, cappuccino, and you I mentioned what. They have
a puppuccino. Yeah, I mean, come, yes, ground up pups
and they use.
Speaker 3 (16:51):
No no, it's just a little cup of whipped cream
that you can ask before your dog.
Speaker 2 (16:56):
Oh that's so sweet, it's so sweet. Yeah, that's terrific.
That's what. It's so good for your dog too, whipped cream.
Speaker 1 (17:04):
Nothing better, So, Neil, I'm assuming the influx of home
coffee makers and individual I used to think that percolators
was the way you did coffee, or you do multiple
cups of coffee, and now they're all individual cups of
coffee and that's the way I do it. And it's
just phenomenal good coffee.
Speaker 3 (17:27):
Oh yeah.
Speaker 6 (17:27):
That It started with the Kurigs and things like that,
where you know they were fine and expedient, and then
you go up to.
Speaker 3 (17:35):
Espresso machines.
Speaker 6 (17:37):
They're fantastic and the pods are recyclable now in many cases,
and you get really high end coffee.
Speaker 3 (17:44):
I'm a huge fan of.
Speaker 6 (17:47):
Cafe at La Jave, which is a I think it's
a brand of Don Francisco's. I think they're the parent
company of it, and it's phenomenal. It makes a great espresso.
And that's the other I could do it one cup
at a time.
Speaker 2 (18:02):
And that's the way the machines, or at least the machines.
Speaker 1 (18:04):
I know, Wayne by the way, has a machine, a
coffee maker, but it is a real espresso machine.
Speaker 2 (18:11):
I mean with the steam and milk. I used to
have one of those, complete pain in the ass.
Speaker 3 (18:18):
Mark Thompson does as well.
Speaker 6 (18:19):
Mark Thompson has a very high end machine, and we
even looked at getting a Mila built in here at
the house. I don't know that we drink that much coffee,
but you can get these things. And you know, Wanne's
the type that likes, you know, to learn something, deep
dive and learn into something. And I could see him
(18:40):
wanting the perfect cup of coffee and being willing to
make it.
Speaker 1 (18:44):
Me.
Speaker 3 (18:44):
The pod stuff, I think is.
Speaker 6 (18:46):
Pretty phenomenal at this point when you get into the
espresso machine.
Speaker 2 (18:50):
Yeah, I love it. I love it.
Speaker 1 (18:51):
And it's they it's what freeze dried, or it's just
regular coffee that then is sealed. I think there are
various kinds we both use. We both have espresso machines.
Speaker 6 (19:05):
My wife has a carrying case for it, and when
we went to the East Coast recently, it traveled on
the plane with us. That's how much she likes our
espresso machine. She doesn't risk it. It goes everywhere with us.
Speaker 2 (19:21):
Yeah.
Speaker 1 (19:22):
And by the way, for those if there's a distributor
of espresso out there, we just gave you a pitch,
And why don't you email us and send me a
free and espresso machine, because that's worthwhile.
Speaker 2 (19:33):
I just want to let you know.
Speaker 3 (19:35):
Wow, why you've already bought.
Speaker 2 (19:37):
One, It doesn't matter. I can always use another one.
Speaker 6 (19:39):
I purchased them for family and friends. You want a freebee?
Speaker 2 (19:42):
Yeah, that's true. And why is that?
Speaker 1 (19:44):
Because I'm a complete whore and a hypocrite. Why do
you ask?
Speaker 6 (19:50):
No, anyone that comes over and has it there, all
this is great.
Speaker 3 (19:53):
We send them as a gift.
Speaker 2 (19:54):
Well, it's pretty neat.
Speaker 6 (19:55):
Except now I'm not going to do that because everybody
listening is going to say, oh, this is a great
coffee when they come over, and I'll go, no, kono,
that's over at the.
Speaker 2 (20:02):
Conah, Why did you leave, by the way, cono really quickly?
Speaker 5 (20:07):
I went back to school, okay, and I had other jobs.
That was like my third job, so I could carry
all of them.
Speaker 6 (20:14):
All right, fair enough, All right, out with Mexican only
three jobs.
Speaker 1 (20:19):
Yeah, at the same time just look bad. Yeah, well
what do you do? By the way, what did you
do Cono when people put in artificial grass?
Speaker 2 (20:28):
How did you keep making a living?
Speaker 3 (20:30):
I worked at Starbucks?
Speaker 1 (20:32):
Okay, that makes sense. And every Thursday we end the
show with Mo Kelly. Moe is heard tonight Monday through Friday,
seven to ten pm. His social address at mister mo
Kelly and good morning.
Speaker 3 (20:46):
Mo, Good morning Bill.
Speaker 2 (20:47):
Okay, I have.
Speaker 1 (20:49):
Heard Janet Jackson and her family tree includes Stevie on Wonder,
Samuel Jackson, Tracy Chapman, h Abraham Lincoln, virtually, Charlie Chaplin,
virtually everybody on the planet.
Speaker 2 (21:08):
It's not all. It's six degrees of separation with the planet.
Speaker 7 (21:12):
It's crazy to think that after all these years, no
one knew this information. And part of it is because
the Jackson family, of which of course includes Janet Jackson,
no one made any real mention of it. She was
in a BBC interview a couple of days ago and
as she was promoting her European tour and revealed this
information and said that not many people knew about it.
Speaker 3 (21:34):
Listen to this quick clip.
Speaker 2 (21:37):
Have I gone that long in life.
Speaker 5 (21:38):
Not a lot of people know that he's our cousin
on my mother's side. So is Tracy Chapman, so is
Samuel Jackson.
Speaker 7 (21:51):
So Stevie, is what to you my cousin Tracy Chapman,
cousin Samuel Jackson.
Speaker 3 (21:57):
He would be a cousin too, I mean he's not
my brother.
Speaker 2 (22:00):
Yeah fine, but yes, I never knew.
Speaker 3 (22:04):
No one knew that. No one knew that.
Speaker 7 (22:06):
And that's the scary part about this is because you
would think, in this age of the Internet, that all
that information would have already been out there. But you know,
those are some of the I wouldn't say secrets, but
those some of the lesser known aspects of the Jackson
family clan. Can you imagine what that family reunion would
be like if everyone actually showed up?
Speaker 1 (22:24):
Well, Janet Jackson would come topless, I know she probably wouldn't. Yeah,
well half topless, and everybody else shows up. Samuel Jackson,
I love Stevie. Wonder well he would he probably run
into doors? I mean, there's you're right, that would be
one hell of a family reunion.
Speaker 3 (22:43):
Hey, I wonder has people help him around the house? Right?
You know that? Right?
Speaker 2 (22:47):
No, I didn't know that.
Speaker 1 (22:48):
He once was at the performance studio which we have
at KFI, and upstairs there is disused for small me
and I don't know. It's maybe twenty five by twenty
five or thirty five by thirty five. It's a fairly
small studio and there's a little they can put a
(23:09):
little stage up there, and they have people there who.
Speaker 2 (23:13):
Have interviewed on the other stations.
Speaker 1 (23:15):
They go to MA, or they go to a Kiss
or Big Boy interviews him, and then sometimes they'll perform
up there. And I once saw Stevie Wonder. Oh my god,
to see Stevie Wonder that close in a room with
twenty five people was absolutely magic.
Speaker 2 (23:33):
And he makes fun of the fact that he's blind.
Speaker 7 (23:36):
Not only does he make fun of the fact that
he's very funny as a person. And he'll tell you
of the many times that he has driven, so yes,
people have let him drive before.
Speaker 2 (23:46):
Yeah, I mean, it was just one of the funniest things.
Speaker 1 (23:48):
And he told some stories about leaving Motown and taking
a a garbage bag, one of those big fifty five
gallon black garbage bags full of tapes that he had
written songs. I mean hundreds and hundreds of songs. I mean, what,
I just a talent extraordinaire. And he made fun absolutely
(24:12):
of being blind. For example, he knows an ambulances coming
by the Doppler effect and that's the only reason he knows.
And we talked about my kids went to the same
school as his kids went to I don't know, one
of his twenty five kids or whatever. And when I
was introduced to him, I said, you know.
Speaker 2 (24:31):
Your kid goes the same school. I gotta tell you
they just raise the tuition like crazy.
Speaker 1 (24:35):
He said, yeah, yeah, absolutely, and I was angry too.
Speaker 2 (24:39):
That was great conversation.
Speaker 7 (24:41):
Do you know he owns KJLH radio station in town, No, yep,
one two point three FM, so that's part of how
he stays connected to the business.
Speaker 2 (24:49):
Yeah, he's a pretty amazing guy. I mean, I just
love that story. Just absolutely terrific.
Speaker 1 (24:54):
All right, real quickly, one quick word about Deadpool and Wolverine.
It has just been blown out of the park. Salts
coming like crazy.
Speaker 7 (25:06):
There is going to be a Deadpool for where and
when that's going to fall within the larger Marvel universe.
There's no way to know, but it crossed a billion
dollars last week.
Speaker 3 (25:15):
It is not slowing down.
Speaker 7 (25:17):
It's the biggest R movie of all time as predicted.
Speaker 3 (25:20):
It was a genius. It was a Stroker genius move.
Speaker 7 (25:22):
By allowing a full R movie into the world of Disney,
and they'll never go back.
Speaker 2 (25:28):
Got it. Mo, Thank you.
Speaker 1 (25:30):
We'll catch you tonight seven to ten pm and again
next week.
Speaker 3 (25:33):
See you soon.
Speaker 2 (25:34):
You have a good one. All right, we're done, guys.
Speaker 1 (25:37):
A couple of quick announcements Instagram at Bill Handle Show,
I met my neighbors and there's a little seven year
old girl who will now be thirty years of doing
thirty years of therapy after meeting me. That's at Bill
Handle Show on Instagram. And just in a few minutes
the podcast drops The Bill Handle Show podcasts and it's
(25:58):
every day, excuse me, Tuesdays and Thursdays, nine o'clock and
today's episode is Supreme Court the crazy ass cases that
the Supreme Court has come down with.
Speaker 2 (26:12):
You think it's nuts?
Speaker 1 (26:13):
Now? Oh what a history of just insane cases and
some commentary and just having fun.
Speaker 2 (26:20):
So just go to the Bill Handle Show.
Speaker 1 (26:23):
Podcast, Spotify, Apple, iHeartRadio app. Okay, tomorrow morning, once again
we start Amy King still wearing your Disney shirt five
o'clock until six is wake up call, and then Neil
and I come aboard. Oh Neil, here are you here tomorrow?
I thought you're filling in for someone tomorrow.
Speaker 3 (26:44):
No, I'm not here tomorrow. I'm filling in for Gary.
I'm on with Shannon tomorrow.
Speaker 2 (26:49):
Okay.
Speaker 1 (26:50):
And I have no idea who's filling in for you
tomorrow or if anybody.
Speaker 3 (26:54):
It might just be you and mean, oh good, sure
you know what, let's do.
Speaker 2 (26:59):
Let's do.
Speaker 1 (27:00):
He has no.
Speaker 2 (27:00):
Well, it's just no.
Speaker 1 (27:01):
Actually, I enjoy having you here, so there, Yeah, that beelievable.
Speaker 2 (27:06):
Yeah, all right, So it's just Amy and me.
Speaker 1 (27:13):
KF I am six forty live everywhere on the iHeartRadio app.
Speaker 2 (27:17):
You've been listening to the Bill Handle Show.
Speaker 1 (27:19):
Catch my Show Monday through Friday, six am to nine am,
and anytime on demand on the iHeartRadio app
The Bill Handel Show News
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