October 10, 2024 • 29 mins
Wayne Resnick fills in for Bill who is out on vacation. Host of “How to Money” on KFI Joel Larsgaard joins the show to discuss: -Experian, one of the crummy credit bureaus, has a debit card that it is pushing. -Bloomberg published a piece saying that there was a 100% chance of a recession? Yeah, that didn't happen. Now Goldman Sachs says there's only a 15% chance of a recession in the coming year. -Elizabeth Warren wants to put a stop to shrinkflation. But IMO shrinkflation isn't a real problem. -While we're dabbling in politics, Americans would rather talk about politics than about money. Host of ‘Later with Mo Kelly’ on KFI weekdays from 7pm-10pm joins Wayne to talk about
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Episode Transcript
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Speaker 1 (00:00):
You're list Saints KFI AM six forty the bill Handles
show on demand on the iHeartRadio f It.
Speaker 2 (00:07):
Is a bill Handle show way in resident here until
nine and quick couple of updates. These stories were following
about Hurricane Milton. We told you there were at least
four people confirmed dead from tornadoes that sprung up because
of Hurricane Milton.
Speaker 3 (00:23):
Now in Saint.
Speaker 2 (00:24):
Petersburg, the police there say there are two deaths related
to the storm. One of them was a medical incident
and the other is i'll just quote it, someone that
was found in a park. The cause of death pending.
And we're starting to see the first idiots. The hurricane
(00:45):
just left landfall not too long ago, and we have
the first idiots going around cutting lines that they see,
I guess, thinking that they're helping. So Florida State authorities
are urging people please do not cut any line because
you don't know. If it's a cable line, you don't know,
if it's an electrical line, you don't know.
Speaker 3 (01:06):
If it's a fiber optic line.
Speaker 2 (01:08):
Most of the nine to one to one systems run
across the fiber optic lines, and nobody should be cutting
any lines.
Speaker 3 (01:15):
Now as we do every time.
Speaker 2 (01:18):
This week we bring on Joel Larscard, the host of
how to Money right here on KFI every Sunday from
noon to two pm on social media at how to Money.
Speaker 3 (01:27):
Joel. Good morning, sir, thank you for being here.
Speaker 4 (01:32):
Good morning Wayne.
Speaker 2 (01:34):
Well let's get right into this. There's a lot of
things to talk about. So I want to start with Experience.
A credit bureau apparently now they have a debit card. Why.
Speaker 4 (01:48):
That's a really good question.
Speaker 3 (01:49):
Why Why and how?
Speaker 2 (01:50):
I because I think of a debit card as being
a card to directly access a bank account.
Speaker 3 (01:56):
Last time I checked, Experience not a bank.
Speaker 5 (01:59):
Right, and and so yeah, the credit bureaus are already
fairly untrustworthy. Nobody after the Experience credit breach of twenty
seventeen and one hundred plus million Americans data being leaked out.
The credit bureaus don't necessarily and think about all the
problems that people have with credit bureaus. If there's a
problem on their credit report and they try to get
(02:19):
it fixed, most of the time, the credit bureaus are
incredibly unhelpful. And now they're saying, hey, listen, we want
to kind of act as a bank for you now.
Speaker 4 (02:26):
Too, and so they know.
Speaker 5 (02:28):
They've cleverly named this their smart money debit card, and
so they're partnering with some other bank, as fintech companies
tend to do these days, to offer this service that
they say is going to actually maybe help you improve
your credit. At the same time, it's completely over sold.
The perks are lackluster. This isn't a great product, and
people have to think really long and hard about who
they do business with. We're in an age of like
(02:50):
ever proliferating options on the on the banking front, and
really so many things that we can do. We have
more options than ever before. But it doesn't mean that
those sure options are good.
Speaker 3 (03:02):
Oh boy, I got a lot of questions.
Speaker 2 (03:05):
So I guess my first quest you mentioned you know
this this new trend of partnering with different banks, which
is what Apple does with its Apple Card, Yes, which
is managed by is it Goldman Sacks?
Speaker 5 (03:17):
I forget, Yeah, which supposedly in limbo, like somebody else
might be taking that over.
Speaker 2 (03:22):
Yeah, yeah, they want it. Goldman wants out. But but okay,
but that's a credit card. Now here's experience, and they're
gonna get with a bank. I guess will be behind
the scenes, it's a debit card. How does using a
debit card help your credit? You're not you're not You're
not borrowing money. When you use a credit card, you're
(03:45):
technically borrowing money for a period of time and.
Speaker 3 (03:48):
Then you pay it back.
Speaker 2 (03:49):
And then people go, oh, look he paid back this
money that he borrowed by charging on his card. But
a debit card is uh, please give that guy my
money right now.
Speaker 3 (04:00):
Wow, So how does that build credit?
Speaker 5 (04:03):
So Experience has this thing behind the scenes called Experience Boost,
and what they're trying to do is check and see, hey,
is this person paying some of those monthly bills every
single month consistently and on time? And so that's something
they can tell if you're using a debit card. And actually,
in some ways, I kind of like that because the
way the credit scoring system works, You're right, there's all
(04:25):
these hoops that you have to jump through, and they're like,
we have to It takes a long time to explain
exactly how credit scores work and what people can do
to improve their credit scores. And for a lot of
people that are like, I don't even why is my
credit score six twenty? I don't even know, and so
that's like another system that people have to learn oftentimes
when we're talking about improving their financial life. And so
(04:46):
this is a way. But the Experience Boost thing where
if you just pay your rent and let's say your
electricity bill or something like that on time every month,
you might be able to see like an incremental boost
in your credit score. So I think that's kind of cool.
But the interesting thing is, uh, Experience Boost is free,
and you can sign up at their website and you
can potentially improve your credit score with experience. By doing that,
(05:08):
you don't have to actually get the debit card that
they're trying to push on you to make that happen.
Speaker 3 (05:14):
Wait, but I'm confused.
Speaker 2 (05:15):
You mean the the debit card would help you because
you would pay your electric bill with the debit card.
Speaker 5 (05:20):
Yeah, And so they're just saying, oh, this is the
kind of person who pays their bills on time every single.
Speaker 3 (05:27):
Got it if you pay your bill with the with
the debit card.
Speaker 2 (05:31):
So they're targeting so they're targeting people who want to
improve their the that's the selling point is this can
help you improve your credit score.
Speaker 3 (05:39):
So they're targeting people who I'm assuming.
Speaker 2 (05:43):
Have lower credit scores with the promis audience, with the
promise of use this card get into bed further with
us directly. It's almost know, I mean, how far and
be honest, don't don't agree with me just to be
nice because you're a nice person. How far away is
(06:04):
this from? Hey, if you want a better credit score,
why don't you just hand me some money in an envelope? Yeah.
Speaker 5 (06:12):
No, it's got some mafia esque vibes to it. And
the other thing, like the credit bureaus are so untrustworthy.
For instance, like the best solution for so many people
if you want to protect your credit score is to
do something known as a credit freeze. And the thing is,
a credit freeze is free thanks to federal law. And
yet they have their own proprietary products that are like
(06:36):
credit locks. So they have their own naming systems and
naming conventions for these things. And you can go to
their website and they'll try to sell you on why
this is so good, And it's only twenty bucks a month,
which is more than you pay for Netflix, but it's
an inferior product. It's not as good as a credit freeze,
and yet it's going to cost you like two hundred
plus bucks a year to get this product from them.
They're marketing things in order to try to increase their profitability,
(06:58):
but things that are great for them, but they're awful
for you. They are free products that are that are
superior that Uh yeah, you don't. Their marketing strategies are
often aimed at parting consumers from their money, but not
really offering them much in return.
Speaker 3 (07:11):
Wayne Resnik.
Speaker 2 (07:12):
Here until nine o'clock, we are with Joel lars Guard,
the host of how to Money every Sunday noon to
too right here on KFI and on social media at
how to Money, Joel, Joel, I know that Bloomberg, I
don't remember how long ago it was published a thing
and said there is there is one hundred percent going
to be a recession.
Speaker 4 (07:32):
Uh huh.
Speaker 2 (07:33):
Now that didn't happen, So that was two years ago,
and which is pretty great. Yeah, Well that proves that
at least not all predictions about whether there's going to
be a recession are worth anything. What's the current state,
who's predicting what about the chance of a recession? And when,
(07:54):
if ever, should we pay attention to these predictions.
Speaker 5 (07:57):
Yeah, I think it's a really good idea to basically
hold people accountable when they make a prediction that's completely
off base. And there are people out there all the
time on I mean that these twenty four to seven
news networks, twenty four to seven business networks, they got
to have people on to talk about stuff, and they
got to have sensational headlines to kind of make the
world go around. And yeah, this prediction a couple of
(08:18):
years ago, literallysion the recession indicator that Bloomberg quote unquote
has said one hundred percent certainty it's going to happen
within the next twelve months. And we've seen what's happened
with the economy over the last couple of years. Not
perfect for everyone, but my goodness, we're in one of
the best economic situations we've been in. And now there
was another I think it was Golden Sacks basically just
said we've reduced our projected likelihood of a recession to
(08:42):
just fifteen percent in the coming year. And yeah, when
you there's always like this joke that economists have predicted
like eight of the last three recessions, Like there's always
somebody saying there's no dearth of people saying that there's
something negative is going to is going to happen. It's
coming around the bend. You should be worried.
Speaker 4 (09:00):
And then now.
Speaker 5 (09:02):
I almost feel like I'm a little bit worried when
someone says, ah, recession probably not going to happen. We
shouldn't be worried at all. That might be actually the
time when we should be a little more worried.
Speaker 2 (09:14):
So it's a fools It's a fool's game, yeah, I
think so trying to say to people, this is what
you can count on.
Speaker 5 (09:23):
Everybody's got everybody's got an opinion, right, And I get
why someone might say, hey, everything's going really well right now,
recession doesn't seem like it's around the bend. But oftentimes
the things that cause recessions are causing economic downturns are
really hard to see. Like think about something like COVID,
like nobody was predicting, Oh, guess what, pretty sure that's
(09:44):
going to send supply shocks through the economy and cause
a really different difficult economic time for the United States
and for the world. Or think about maybe what's happening
now in the Middle East. If things get out of control,
could oil prices shoot up, could it create some dark
clouds of the economy.
Speaker 3 (10:00):
Sure, it totally could.
Speaker 5 (10:02):
And so these are there are things that really we
don't it's hard to predict. And so my advice on
a personal finance level to people is to ay, maybe
tune people out if they say, oh, this is definitely
gonna happen, or there's no chance of this happening. I
would I would take that with a grain of salt,
and on top of that, be prepared for whatever could
come about, because even if there's not some sort of
(10:23):
macro recession in our economy economy, there could be a
micro recession in your life if let's say your industry
is hit and your job is cut or something like that,
and you have to go out there and try to
find something else in a different difficult economic climate. Even
if there's not some sort of macrocession, I always want
people to be prepared in their own home for the
(10:45):
potential of a recession in their own lives.
Speaker 3 (10:48):
Yeah, hey, let's move on to this.
Speaker 2 (10:50):
Yesterday I talked about how Kamala Harris is going to
crack down on price gouging. Oh, yeah, but there's there's
the Federal Reserve Bank have done these studies and said
there really isn't widespread price There is some some places,
but there's really not widespread price gouging. And Elizabeth Warren
now is out there wanting to crack down on shrinkflation
(11:13):
when instead of raising the price, the company, you know,
makes the product smaller. And I got a note here
that you wanted to talk about how you don't think
it's that shrink flation is a real problem. Do you
mean you don't think it happens or do you think
it doesn't. It happens, but it doesn't really it's not
an important thing relative to all the other financial.
Speaker 5 (11:34):
Issues that people have. Yeah, no, it definitely, it definitely happens.
But when you think about how big of a problem
is it and what would the flip side be, it
certainly seems like a really silly thing to complain about.
So oh man, the family size of cocoa puffs shrunk
from nineteen ounces to eighteen ounces, and yet they're charging
the same price. And these are the kind of things
(11:55):
that some of our politicians are sending letters to the
heads of some of these companies about, hey, stop the
shrink flation, keep those package sizes the same, don't shrink
my gatorade bottle by four ounces, and so this is
what's happening. But and yes, is the bottle size or
the package size? Is it shrinking? Yes, but the alternative,
because we all know prices have gone up the cost
of hiring employees, like the labor costs have gone up too.
(12:20):
Like if you don't want your gatorade bottle size to
shrink by four ounces, the alternative is paying more for
the bigger bottle. And so these companies know that they
want to keep you loyal. They don't want you to
be sticker shocked at the store and then say I'm
not going to buy the Gatorade because it costs too much.
What they'd rather do is shrink the size of the product,
(12:41):
hoping that you'll remain a customer. I think shrinkflation. I
don't know why people are up in arms about it
in the ways that they are, because I actually think
of it as a good thing. That the onus on
the consumer then is to know the price per unit, right,
and that's often listed on the price tag. Let's say
you're you're walking around at your local grocery store or costco.
You can see, okay, what's the price per unit? How
(13:02):
much does this per ounce? And you can compare prices
that way, you want to be an informed consumer. But
I don't think of shrinkflation as actually a big deal
or even a bad.
Speaker 4 (13:10):
Thing at all.
Speaker 2 (13:11):
Almost sounds like it's an opportunity for us to be
smarter consumers.
Speaker 4 (13:18):
Yeah.
Speaker 5 (13:18):
Yeah, And I think maybe some people don't realize and
they pick up the bottle and they're like, oh man,
that felt like it might have been a little bit less.
Or think about ice cream containers instead of being a
full pint now they're one and a half courts or
something like that, And I get why maybe that might
frustrate people, but again, the alternative is paying more for
the thing, And the truth is you're paying more per
ounce or you're paying more, you know, per per gallon.
Speaker 4 (13:41):
Of ice cream that you consume.
Speaker 3 (13:43):
But it's gonna happen either way.
Speaker 5 (13:46):
And I don't mind kind of the tack to that
companies take of saying we're gonna slightly reduce the packaging
size try to keep the price the same, to try
to prevent people from freaking out. And it's just really
it's so strange because guess what if the packaging for
Gatorade changes and you don't like that, Well, you can
go to power aid or something like that. Right, there
are still other options for people out there. This is
(14:07):
just one of those weird things done. I'm shocked continues
to be something that remains in the limelight as an
area of focus.
Speaker 3 (14:15):
Great to talk to you, Joel.
Speaker 2 (14:16):
We will check you out when you're hosting how to
Money this Sunday from noon to two on KFI and
on social media. How to Money Joel, and looking forward
to talking to you again next week.
Speaker 3 (14:27):
Sounds good, Thanks Wayne.
Speaker 2 (14:28):
All right there he goes Joel Larscart and we're watching
some stories for you, including obviously Hurricane Milton and the aftermath.
We know that four people were killed by tornadoes, and
now we're getting word from Saint Petersburg that two people
were well.
Speaker 3 (14:46):
They passed away related to the storm.
Speaker 2 (14:49):
There was a medical incident, and then somebody was found
in a park deceased. They are still trying to figure
out precisely what the cause of death was. There three
million plus homes and businesses without power. President Biden getting
updates from a Homeland Security advisor as well as from
(15:11):
the head of FEMA, and the recovery work begins. Now
there's still a presidential campaign going on and vice presidential
candidate Tim Walls been going around the country and he
was in California and he was appearing with Governor Newsom
and he was talking about getting rid of the electoral College.
(15:31):
He said, I think all of us know the electoral
College needs to go, which is a lot of people
want to keep.
Speaker 3 (15:38):
The electoral College.
Speaker 2 (15:40):
And those people are Trump supporters because the electoral college
absolutely helps Donald Trump in his quest to be the
president again. So in any event, he's running around talking
about getting rid of the electoral College. It wasn't just
with Gavin Newsom here in California. Apparently he was talking
(16:00):
like that up in Seattle. And I'm not saying he's
I mean, lots of people want to get rid of
the electoral College, maybe just as many. Actually, polling shows
a majority of Americans want to get rid of the
electoral college. So what he's saying is the more popular position.
But the campaign, the Harris Walls campaign, is not like
(16:24):
they're not making it a big deal as part of
the official campaign platform or anything like that. It is
not an official position of the campaign to get rid
of the electoral College. If it was gone, it would
be far more likely that we would have President Harris
and less likely that we will have President Trump again.
Speaker 3 (16:46):
But in any.
Speaker 2 (16:47):
Event, the question has been raised since most Americans a majority,
want to get rid of the electoral College, to remind
ourselves why it's there at all, because, you know, the
Founding Fathers at that time, it was such, it was
a completely different country, slavery anywhere in the country, and
(17:16):
have a modern perspective, they couldn't possibly and so the
big problem was they're trying to put together a country
and they're trying to decide how will we elect a president?
And the Southern slave states were saying, hey, this is bs.
You can't just let everybody vote and then whoever gets
the most.
Speaker 3 (17:34):
Vote that they win. We can't have that. Well why not?
Speaker 2 (17:39):
Well, number one, you know, a lot of people are stupid.
We don't really want ordinary people voting and picking a president.
And a lot of the Founding Fathers agreed. In fact,
most of the Founding Fathers seem to agree that you
know what, something like president, you don't want to just
let every Tom, Dick and Harry vote for the president.
(17:59):
They weren't not huge fans of direct democracy, the Founding Fathers.
They said, yeah, Okay, a lot of people are stupid,
that's true, But why else And the Southern States said, well,
because we have all of these people living here who
can't vote, and so we're not getting any credit for
(18:21):
how many congressional seats that we get or how many
you know, our contribution to electing a president, because we've
got so many people who are here and they deserve
to be part of the equation, but they can't vote.
And the founding fathers said, oh, yeah, you know, you
got women there, and they said, no, no, not them,
the slaves.
Speaker 3 (18:41):
We have.
Speaker 2 (18:42):
The reason that we have a lot of people that
can't vote and we're not getting counted properly or completely
is because we enslave people here.
Speaker 3 (18:51):
We keep them as personal, private property.
Speaker 2 (18:54):
And we would like to get some benefit from the
presence of these slaves. And the founding father said, all right,
here's what we're gonna do. And you've probably heard this
idea that slaves were considered three fifths of a person.
That's for the purpose of the electoral college. They said,
(19:16):
here's what we'll do. White people are a person. You
got all these slaves, we'll let them count each one
as three fifths of a person in order to come
up with the total people that you have to determine
how many congressional seats you get and your proportionate contribution
to the election of a president. That's why we have it.
(19:42):
And that's not a great reason to have it. You
could say, well, what about put aside the slavery and
the racism and all that, what about just the fact
that you have big states with lots of people and
you have little states with not a lot of people,
and you don't want the big states stomping on the
little states.
Speaker 3 (20:02):
And that was a concern at the time.
Speaker 2 (20:05):
At the time it was New York and Virginia, where
like the big dog states and the smaller states were like,
we don't want New York in Virginia dictating everything. Now,
that might be a legitimate reason to not use the
popular vote, but really it's not founded on a strong
(20:31):
basis that is relevant today the electoral college. So I
don't think it's going anywhere, by the way, But that's
why we have it, And at the time you can
understand why people wanted it. Some people wanted it, but
the circumstances are different now. Wayne, resident here for one
(20:53):
more segment. We are watching some stories for you. Over
three million homes and businesses have no power in flo Florida.
Speaker 3 (21:00):
Hurricane Milton blew through there.
Speaker 2 (21:03):
It's gone now from Florida, but boy is it left
the devastation in its wake. President Biden has taken the
gloves off in that these rumors about the government can
control the weather, they're not rumors. They're false claims that
the government is controlling the weather. He finally just came
(21:24):
right out and said, it's stupid, these lies about the
government controlling the weather. What is true about the government
is they're going to give Social Security recipients a two
and a half percent cost of living increase starting next year.
Speaker 3 (21:39):
And it is time to bring.
Speaker 2 (21:43):
On mister Moe Kelly, host of Later with Mo Kelly
on KFI weeknights seven to ten pm. You'd like to
have him on this show for a segment We call
Earlier with Mo Kelly. Mo good morning, so good to
speak with you.
Speaker 4 (21:56):
Good morning, Wayne. It's always nice to hear your voice.
Speaker 2 (21:59):
So do you want to get right into this? This
is such a I mean, it already was an interesting
case of a celebrity.
Speaker 3 (22:06):
Being accused of rape.
Speaker 2 (22:08):
Yeah, and now it's taken quite a startling turn.
Speaker 6 (22:12):
It has escalated quickly, as they say, and we learned
more that there was a large backstory legally now than
we did when the allegations were first publicized.
Speaker 2 (22:24):
Yes, against we should say, we're talking about Garth Brooks
has been is being sued by a woman who says
that he raped her.
Speaker 6 (22:34):
Right and this actually, now we find out, goes back
to July, where, according to Garth Brooks's attorneys, Brooks was
sent a demand letter asking for millions of dollars or
a threat that he would be sued for millions of dollars.
That was back in July, and then he was sued,
and that case was in a Mississippi court, and there
(22:54):
was a Jane Doe suing a John Doe. Neither party's
name was used, but there was also a threat that
the Jane Doe would sue Garth Brooks in California. That
is the suit that we all know about, and his
name was used. In response to that, Garth Brooks that
I'm just really boiling this down. Garth Brooks attorneys have said,
(23:15):
wait a minute, how is it you're going to use
our client's name in California and not in Mississippi when
it was agreed upon in the Mississippi case that neither
party's name would be used. And so in a response filing,
Garth Brooks's attorneys are saying, well, what's good for the
goose is good for the gander.
Speaker 4 (23:32):
And I'm not making a value judgment.
Speaker 6 (23:34):
I'm just saying that Garth Brooks's legal counsel has decided
to reveal the name of the accuser in a response filing,
and so here we are.
Speaker 4 (23:42):
It is escalated quickly.
Speaker 3 (23:44):
Because this can be a big deal.
Speaker 2 (23:47):
I mean it's a big deal, I guess any time
a victim's identity is revealed when they have not agreed
to it. But this because her lawyers are saying now
they want the maximum sanction yes, against his lawyers for
revealing her name, even though she revealed his name in
(24:08):
the same case.
Speaker 6 (24:10):
Correct, But the optics of anyone revealing a rape accuser's
name is not going to go over well. But when
you put it in the fuller context of how we
got here, you at least understand the thinking. I'm not
saying that I agree with revealing the accuser's name. I
understand that where they're going with this, and the accusers
(24:33):
lawyers are saying, well, fair or not, you're not supposed
to do that, So we're going to ask the court
to further sanction you.
Speaker 2 (24:42):
Well, I mean, obviously the judge will decide whether the
lawyers for Garth Brooks did something wrong or not. And
if he did something, if they did something wrong, how
how bad it is?
Speaker 3 (24:55):
Is this?
Speaker 2 (24:56):
I hate to sound stupid, but you have a Mississippi
CA and that's federal court in Mississippi. Yes, and then
you have a case here is this are both cases
about the same incident from what we.
Speaker 6 (25:12):
Could tell, yes, they are inclusive of the same incident.
And what she's also alleging is an ongoing pattern of
abuse text messages, stalking to a certain degree where he
was relentless in his pursuit of her. The actual rate
which is being alleged is in a specific location.
Speaker 4 (25:33):
But she's alleging an ongoing pattern of abuse.
Speaker 2 (25:36):
Okay, So I mean, I don't know all the specifics
about why you would have two different federal jurisdictions. At
some point I would imagine they should figure out which
one is the best one and do it. But I
think the other thing that was lost on me at
first is first, there was nothing. There were no cases,
(25:56):
There were no allegations against Garth Brooks. You know, there
was nothing, and if and if what you're telling me.
Speaker 3 (26:04):
It started with Garth Brooks suing her.
Speaker 4 (26:11):
No, No, it started with a demand letter from her.
Speaker 3 (26:15):
Demand letter from her.
Speaker 2 (26:16):
And then Garth Brooks sued her in Mississippi.
Speaker 6 (26:20):
No, she sued him in Mississippi after the demand letter
was not met. Then she fills suit in California.
Speaker 2 (26:32):
Okay, because some of the reporting is a little wonky
on this, all right, then that's then then that follows
I guess the normal course of conduct. Now they're saying
they revealed her name, and then they're also saying that
this is a shakedown and and and all of that.
Speaker 3 (26:48):
When someone says sends a demand.
Speaker 2 (26:50):
Letter, in any situation, you could say, well, maybe it's
a shakedown, whether it's a car accident or whatever it is,
because all they've done is sent us a letter saying
give me money.
Speaker 4 (27:06):
Right, they're asking for the money or will take this
to court.
Speaker 2 (27:10):
Yeah, but then they when someone follows through and files
the lawsuit. I tend to think it's less likely that
it's an unfounded shakedown because now they're opening up a
situation where they can be held accountable for what they
say and they're going to have a lot of obligations.
Speaker 3 (27:32):
To prove their case.
Speaker 2 (27:33):
So, I mean, I don't know what's going on here,
so I would never opine, but man, this thing is
crazy now and it'll be interesting to see if it
turns into another controversy with Garth Brooks's lawyers being in
big trouble.
Speaker 6 (27:47):
Yeah, And to clarify what you're saying, there are reports
which are saying that she sued him in Mississippi, and
their reports that's saying that he sued her in Mississippi,
but since there was John Doe Jane, it's still unclear.
Speaker 2 (28:03):
Yeah, that's part of the problem. When you don't know
who you're talking about, you can't keep it straight. Now
you're gonna keep it straight for us tonight from seven
to ten on your own show Later with mo Kelly.
Speaker 3 (28:13):
Do you want to give a quick hint of what
you're gonna be talking about.
Speaker 6 (28:18):
Well, we're always talking about tech at the very minimum
on Tech Thursday, So beyond Garth Brooks, we're going to
talk about technology and how it has played a role
in helping save people in the wake as you said
of Hurricane Milton and Moore.
Speaker 2 (28:33):
All right, thank you, so good to talk to you.
We'll talk to you again next week, see soon. All right,
he didn't know that, he didn't know I was gonna
be here next week, but now he does. All right,
that's the show. Thank you everybody. Garry and Shannon coming
up NeXT's KFI AM six forty Live everywhere on the
iHeartRadio app.
Speaker 1 (28:52):
You've been listening to the Bill Handle Show. Catch my
Show Monday through Friday, six am to nine am, and
anytime on demand on the iHeart Radio app.
You're list Saints KFI AM six forty the bill Handles
show on demand on the iHeartRadio f It.
Speaker 2 (00:07):
Is a bill Handle show way in resident here until
nine and quick couple of updates. These stories were following
about Hurricane Milton. We told you there were at least
four people confirmed dead from tornadoes that sprung up because
of Hurricane Milton.
Speaker 3 (00:23):
Now in Saint.
Speaker 2 (00:24):
Petersburg, the police there say there are two deaths related
to the storm. One of them was a medical incident
and the other is i'll just quote it, someone that
was found in a park. The cause of death pending.
And we're starting to see the first idiots. The hurricane
(00:45):
just left landfall not too long ago, and we have
the first idiots going around cutting lines that they see,
I guess, thinking that they're helping. So Florida State authorities
are urging people please do not cut any line because
you don't know. If it's a cable line, you don't know,
if it's an electrical line, you don't know.
Speaker 3 (01:06):
If it's a fiber optic line.
Speaker 2 (01:08):
Most of the nine to one to one systems run
across the fiber optic lines, and nobody should be cutting
any lines.
Speaker 3 (01:15):
Now as we do every time.
Speaker 2 (01:18):
This week we bring on Joel Larscard, the host of
how to Money right here on KFI every Sunday from
noon to two pm on social media at how to Money.
Speaker 3 (01:27):
Joel. Good morning, sir, thank you for being here.
Speaker 4 (01:32):
Good morning Wayne.
Speaker 2 (01:34):
Well let's get right into this. There's a lot of
things to talk about. So I want to start with Experience.
A credit bureau apparently now they have a debit card. Why.
Speaker 4 (01:48):
That's a really good question.
Speaker 3 (01:49):
Why Why and how?
Speaker 2 (01:50):
I because I think of a debit card as being
a card to directly access a bank account.
Speaker 3 (01:56):
Last time I checked, Experience not a bank.
Speaker 5 (01:59):
Right, and and so yeah, the credit bureaus are already
fairly untrustworthy. Nobody after the Experience credit breach of twenty
seventeen and one hundred plus million Americans data being leaked out.
The credit bureaus don't necessarily and think about all the
problems that people have with credit bureaus. If there's a
problem on their credit report and they try to get
(02:19):
it fixed, most of the time, the credit bureaus are
incredibly unhelpful. And now they're saying, hey, listen, we want
to kind of act as a bank for you now.
Speaker 4 (02:26):
Too, and so they know.
Speaker 5 (02:28):
They've cleverly named this their smart money debit card, and
so they're partnering with some other bank, as fintech companies
tend to do these days, to offer this service that
they say is going to actually maybe help you improve
your credit. At the same time, it's completely over sold.
The perks are lackluster. This isn't a great product, and
people have to think really long and hard about who
they do business with. We're in an age of like
(02:50):
ever proliferating options on the on the banking front, and
really so many things that we can do. We have
more options than ever before. But it doesn't mean that
those sure options are good.
Speaker 3 (03:02):
Oh boy, I got a lot of questions.
Speaker 2 (03:05):
So I guess my first quest you mentioned you know
this this new trend of partnering with different banks, which
is what Apple does with its Apple Card, Yes, which
is managed by is it Goldman Sacks?
Speaker 5 (03:17):
I forget, Yeah, which supposedly in limbo, like somebody else
might be taking that over.
Speaker 2 (03:22):
Yeah, yeah, they want it. Goldman wants out. But but okay,
but that's a credit card. Now here's experience, and they're
gonna get with a bank. I guess will be behind
the scenes, it's a debit card. How does using a
debit card help your credit? You're not you're not You're
not borrowing money. When you use a credit card, you're
(03:45):
technically borrowing money for a period of time and.
Speaker 3 (03:48):
Then you pay it back.
Speaker 2 (03:49):
And then people go, oh, look he paid back this
money that he borrowed by charging on his card. But
a debit card is uh, please give that guy my
money right now.
Speaker 3 (04:00):
Wow, So how does that build credit?
Speaker 5 (04:03):
So Experience has this thing behind the scenes called Experience Boost,
and what they're trying to do is check and see, hey,
is this person paying some of those monthly bills every
single month consistently and on time? And so that's something
they can tell if you're using a debit card. And actually,
in some ways, I kind of like that because the
way the credit scoring system works, You're right, there's all
(04:25):
these hoops that you have to jump through, and they're like,
we have to It takes a long time to explain
exactly how credit scores work and what people can do
to improve their credit scores. And for a lot of
people that are like, I don't even why is my
credit score six twenty? I don't even know, and so
that's like another system that people have to learn oftentimes
when we're talking about improving their financial life. And so
(04:46):
this is a way. But the Experience Boost thing where
if you just pay your rent and let's say your
electricity bill or something like that on time every month,
you might be able to see like an incremental boost
in your credit score. So I think that's kind of cool.
But the interesting thing is, uh, Experience Boost is free,
and you can sign up at their website and you
can potentially improve your credit score with experience. By doing that,
(05:08):
you don't have to actually get the debit card that
they're trying to push on you to make that happen.
Speaker 3 (05:14):
Wait, but I'm confused.
Speaker 2 (05:15):
You mean the the debit card would help you because
you would pay your electric bill with the debit card.
Speaker 5 (05:20):
Yeah, And so they're just saying, oh, this is the
kind of person who pays their bills on time every single.
Speaker 3 (05:27):
Got it if you pay your bill with the with
the debit card.
Speaker 2 (05:31):
So they're targeting so they're targeting people who want to
improve their the that's the selling point is this can
help you improve your credit score.
Speaker 3 (05:39):
So they're targeting people who I'm assuming.
Speaker 2 (05:43):
Have lower credit scores with the promis audience, with the
promise of use this card get into bed further with
us directly. It's almost know, I mean, how far and
be honest, don't don't agree with me just to be
nice because you're a nice person. How far away is
(06:04):
this from? Hey, if you want a better credit score,
why don't you just hand me some money in an envelope? Yeah.
Speaker 5 (06:12):
No, it's got some mafia esque vibes to it. And
the other thing, like the credit bureaus are so untrustworthy.
For instance, like the best solution for so many people
if you want to protect your credit score is to
do something known as a credit freeze. And the thing is,
a credit freeze is free thanks to federal law. And
yet they have their own proprietary products that are like
(06:36):
credit locks. So they have their own naming systems and
naming conventions for these things. And you can go to
their website and they'll try to sell you on why
this is so good, And it's only twenty bucks a month,
which is more than you pay for Netflix, but it's
an inferior product. It's not as good as a credit freeze,
and yet it's going to cost you like two hundred
plus bucks a year to get this product from them.
They're marketing things in order to try to increase their profitability,
(06:58):
but things that are great for them, but they're awful
for you. They are free products that are that are
superior that Uh yeah, you don't. Their marketing strategies are
often aimed at parting consumers from their money, but not
really offering them much in return.
Speaker 3 (07:11):
Wayne Resnik.
Speaker 2 (07:12):
Here until nine o'clock, we are with Joel lars Guard,
the host of how to Money every Sunday noon to
too right here on KFI and on social media at
how to Money, Joel, Joel, I know that Bloomberg, I
don't remember how long ago it was published a thing
and said there is there is one hundred percent going
to be a recession.
Speaker 4 (07:32):
Uh huh.
Speaker 2 (07:33):
Now that didn't happen, So that was two years ago,
and which is pretty great. Yeah, Well that proves that
at least not all predictions about whether there's going to
be a recession are worth anything. What's the current state,
who's predicting what about the chance of a recession? And when,
(07:54):
if ever, should we pay attention to these predictions.
Speaker 5 (07:57):
Yeah, I think it's a really good idea to basically
hold people accountable when they make a prediction that's completely
off base. And there are people out there all the
time on I mean that these twenty four to seven
news networks, twenty four to seven business networks, they got
to have people on to talk about stuff, and they
got to have sensational headlines to kind of make the
world go around. And yeah, this prediction a couple of
(08:18):
years ago, literallysion the recession indicator that Bloomberg quote unquote
has said one hundred percent certainty it's going to happen
within the next twelve months. And we've seen what's happened
with the economy over the last couple of years. Not
perfect for everyone, but my goodness, we're in one of
the best economic situations we've been in. And now there
was another I think it was Golden Sacks basically just
said we've reduced our projected likelihood of a recession to
(08:42):
just fifteen percent in the coming year. And yeah, when
you there's always like this joke that economists have predicted
like eight of the last three recessions, Like there's always
somebody saying there's no dearth of people saying that there's
something negative is going to is going to happen. It's
coming around the bend. You should be worried.
Speaker 4 (09:00):
And then now.
Speaker 5 (09:02):
I almost feel like I'm a little bit worried when
someone says, ah, recession probably not going to happen. We
shouldn't be worried at all. That might be actually the
time when we should be a little more worried.
Speaker 2 (09:14):
So it's a fools It's a fool's game, yeah, I
think so trying to say to people, this is what
you can count on.
Speaker 5 (09:23):
Everybody's got everybody's got an opinion, right, And I get
why someone might say, hey, everything's going really well right now,
recession doesn't seem like it's around the bend. But oftentimes
the things that cause recessions are causing economic downturns are
really hard to see. Like think about something like COVID,
like nobody was predicting, Oh, guess what, pretty sure that's
(09:44):
going to send supply shocks through the economy and cause
a really different difficult economic time for the United States
and for the world. Or think about maybe what's happening
now in the Middle East. If things get out of control,
could oil prices shoot up, could it create some dark
clouds of the economy.
Speaker 3 (10:00):
Sure, it totally could.
Speaker 5 (10:02):
And so these are there are things that really we
don't it's hard to predict. And so my advice on
a personal finance level to people is to ay, maybe
tune people out if they say, oh, this is definitely
gonna happen, or there's no chance of this happening. I
would I would take that with a grain of salt,
and on top of that, be prepared for whatever could
come about, because even if there's not some sort of
(10:23):
macro recession in our economy economy, there could be a
micro recession in your life if let's say your industry
is hit and your job is cut or something like that,
and you have to go out there and try to
find something else in a different difficult economic climate. Even
if there's not some sort of macrocession, I always want
people to be prepared in their own home for the
(10:45):
potential of a recession in their own lives.
Speaker 3 (10:48):
Yeah, hey, let's move on to this.
Speaker 2 (10:50):
Yesterday I talked about how Kamala Harris is going to
crack down on price gouging. Oh, yeah, but there's there's
the Federal Reserve Bank have done these studies and said
there really isn't widespread price There is some some places,
but there's really not widespread price gouging. And Elizabeth Warren
now is out there wanting to crack down on shrinkflation
(11:13):
when instead of raising the price, the company, you know,
makes the product smaller. And I got a note here
that you wanted to talk about how you don't think
it's that shrink flation is a real problem. Do you
mean you don't think it happens or do you think
it doesn't. It happens, but it doesn't really it's not
an important thing relative to all the other financial.
Speaker 5 (11:34):
Issues that people have. Yeah, no, it definitely, it definitely happens.
But when you think about how big of a problem
is it and what would the flip side be, it
certainly seems like a really silly thing to complain about.
So oh man, the family size of cocoa puffs shrunk
from nineteen ounces to eighteen ounces, and yet they're charging
the same price. And these are the kind of things
(11:55):
that some of our politicians are sending letters to the
heads of some of these companies about, hey, stop the
shrink flation, keep those package sizes the same, don't shrink
my gatorade bottle by four ounces, and so this is
what's happening. But and yes, is the bottle size or
the package size? Is it shrinking? Yes, but the alternative,
because we all know prices have gone up the cost
of hiring employees, like the labor costs have gone up too.
(12:20):
Like if you don't want your gatorade bottle size to
shrink by four ounces, the alternative is paying more for
the bigger bottle. And so these companies know that they
want to keep you loyal. They don't want you to
be sticker shocked at the store and then say I'm
not going to buy the Gatorade because it costs too much.
What they'd rather do is shrink the size of the product,
(12:41):
hoping that you'll remain a customer. I think shrinkflation. I
don't know why people are up in arms about it
in the ways that they are, because I actually think
of it as a good thing. That the onus on
the consumer then is to know the price per unit, right,
and that's often listed on the price tag. Let's say
you're you're walking around at your local grocery store or costco.
You can see, okay, what's the price per unit? How
(13:02):
much does this per ounce? And you can compare prices
that way, you want to be an informed consumer. But
I don't think of shrinkflation as actually a big deal
or even a bad.
Speaker 4 (13:10):
Thing at all.
Speaker 2 (13:11):
Almost sounds like it's an opportunity for us to be
smarter consumers.
Speaker 4 (13:18):
Yeah.
Speaker 5 (13:18):
Yeah, And I think maybe some people don't realize and
they pick up the bottle and they're like, oh man,
that felt like it might have been a little bit less.
Or think about ice cream containers instead of being a
full pint now they're one and a half courts or
something like that, And I get why maybe that might
frustrate people, but again, the alternative is paying more for
the thing, And the truth is you're paying more per
ounce or you're paying more, you know, per per gallon.
Speaker 4 (13:41):
Of ice cream that you consume.
Speaker 3 (13:43):
But it's gonna happen either way.
Speaker 5 (13:46):
And I don't mind kind of the tack to that
companies take of saying we're gonna slightly reduce the packaging
size try to keep the price the same, to try
to prevent people from freaking out. And it's just really
it's so strange because guess what if the packaging for
Gatorade changes and you don't like that, Well, you can
go to power aid or something like that. Right, there
are still other options for people out there. This is
(14:07):
just one of those weird things done. I'm shocked continues
to be something that remains in the limelight as an
area of focus.
Speaker 3 (14:15):
Great to talk to you, Joel.
Speaker 2 (14:16):
We will check you out when you're hosting how to
Money this Sunday from noon to two on KFI and
on social media. How to Money Joel, and looking forward
to talking to you again next week.
Speaker 3 (14:27):
Sounds good, Thanks Wayne.
Speaker 2 (14:28):
All right there he goes Joel Larscart and we're watching
some stories for you, including obviously Hurricane Milton and the aftermath.
We know that four people were killed by tornadoes, and
now we're getting word from Saint Petersburg that two people
were well.
Speaker 3 (14:46):
They passed away related to the storm.
Speaker 2 (14:49):
There was a medical incident, and then somebody was found
in a park deceased. They are still trying to figure
out precisely what the cause of death was. There three
million plus homes and businesses without power. President Biden getting
updates from a Homeland Security advisor as well as from
(15:11):
the head of FEMA, and the recovery work begins. Now
there's still a presidential campaign going on and vice presidential
candidate Tim Walls been going around the country and he
was in California and he was appearing with Governor Newsom
and he was talking about getting rid of the electoral College.
(15:31):
He said, I think all of us know the electoral
College needs to go, which is a lot of people
want to keep.
Speaker 3 (15:38):
The electoral College.
Speaker 2 (15:40):
And those people are Trump supporters because the electoral college
absolutely helps Donald Trump in his quest to be the
president again. So in any event, he's running around talking
about getting rid of the electoral College. It wasn't just
with Gavin Newsom here in California. Apparently he was talking
(16:00):
like that up in Seattle. And I'm not saying he's
I mean, lots of people want to get rid of
the electoral College, maybe just as many. Actually, polling shows
a majority of Americans want to get rid of the
electoral college. So what he's saying is the more popular position.
But the campaign, the Harris Walls campaign, is not like
(16:24):
they're not making it a big deal as part of
the official campaign platform or anything like that. It is
not an official position of the campaign to get rid
of the electoral College. If it was gone, it would
be far more likely that we would have President Harris
and less likely that we will have President Trump again.
Speaker 3 (16:46):
But in any.
Speaker 2 (16:47):
Event, the question has been raised since most Americans a majority,
want to get rid of the electoral College, to remind
ourselves why it's there at all, because, you know, the
Founding Fathers at that time, it was such, it was
a completely different country, slavery anywhere in the country, and
(17:16):
have a modern perspective, they couldn't possibly and so the
big problem was they're trying to put together a country
and they're trying to decide how will we elect a president?
And the Southern slave states were saying, hey, this is bs.
You can't just let everybody vote and then whoever gets
the most.
Speaker 3 (17:34):
Vote that they win. We can't have that. Well why not?
Speaker 2 (17:39):
Well, number one, you know, a lot of people are stupid.
We don't really want ordinary people voting and picking a president.
And a lot of the Founding Fathers agreed. In fact,
most of the Founding Fathers seem to agree that you
know what, something like president, you don't want to just
let every Tom, Dick and Harry vote for the president.
(17:59):
They weren't not huge fans of direct democracy, the Founding Fathers.
They said, yeah, Okay, a lot of people are stupid,
that's true, But why else And the Southern States said, well,
because we have all of these people living here who
can't vote, and so we're not getting any credit for
(18:21):
how many congressional seats that we get or how many
you know, our contribution to electing a president, because we've
got so many people who are here and they deserve
to be part of the equation, but they can't vote.
And the founding fathers said, oh, yeah, you know, you
got women there, and they said, no, no, not them,
the slaves.
Speaker 3 (18:41):
We have.
Speaker 2 (18:42):
The reason that we have a lot of people that
can't vote and we're not getting counted properly or completely
is because we enslave people here.
Speaker 3 (18:51):
We keep them as personal, private property.
Speaker 2 (18:54):
And we would like to get some benefit from the
presence of these slaves. And the founding father said, all right,
here's what we're gonna do. And you've probably heard this
idea that slaves were considered three fifths of a person.
That's for the purpose of the electoral college. They said,
(19:16):
here's what we'll do. White people are a person. You
got all these slaves, we'll let them count each one
as three fifths of a person in order to come
up with the total people that you have to determine
how many congressional seats you get and your proportionate contribution
to the election of a president. That's why we have it.
(19:42):
And that's not a great reason to have it. You
could say, well, what about put aside the slavery and
the racism and all that, what about just the fact
that you have big states with lots of people and
you have little states with not a lot of people,
and you don't want the big states stomping on the
little states.
Speaker 3 (20:02):
And that was a concern at the time.
Speaker 2 (20:05):
At the time it was New York and Virginia, where
like the big dog states and the smaller states were like,
we don't want New York in Virginia dictating everything. Now,
that might be a legitimate reason to not use the
popular vote, but really it's not founded on a strong
(20:31):
basis that is relevant today the electoral college. So I
don't think it's going anywhere, by the way, But that's
why we have it, And at the time you can
understand why people wanted it. Some people wanted it, but
the circumstances are different now. Wayne, resident here for one
(20:53):
more segment. We are watching some stories for you. Over
three million homes and businesses have no power in flo Florida.
Speaker 3 (21:00):
Hurricane Milton blew through there.
Speaker 2 (21:03):
It's gone now from Florida, but boy is it left
the devastation in its wake. President Biden has taken the
gloves off in that these rumors about the government can
control the weather, they're not rumors. They're false claims that
the government is controlling the weather. He finally just came
(21:24):
right out and said, it's stupid, these lies about the
government controlling the weather. What is true about the government
is they're going to give Social Security recipients a two
and a half percent cost of living increase starting next year.
Speaker 3 (21:39):
And it is time to bring.
Speaker 2 (21:43):
On mister Moe Kelly, host of Later with Mo Kelly
on KFI weeknights seven to ten pm. You'd like to
have him on this show for a segment We call
Earlier with Mo Kelly. Mo good morning, so good to
speak with you.
Speaker 4 (21:56):
Good morning, Wayne. It's always nice to hear your voice.
Speaker 2 (21:59):
So do you want to get right into this? This
is such a I mean, it already was an interesting
case of a celebrity.
Speaker 3 (22:06):
Being accused of rape.
Speaker 2 (22:08):
Yeah, and now it's taken quite a startling turn.
Speaker 6 (22:12):
It has escalated quickly, as they say, and we learned
more that there was a large backstory legally now than
we did when the allegations were first publicized.
Speaker 2 (22:24):
Yes, against we should say, we're talking about Garth Brooks
has been is being sued by a woman who says
that he raped her.
Speaker 6 (22:34):
Right and this actually, now we find out, goes back
to July, where, according to Garth Brooks's attorneys, Brooks was
sent a demand letter asking for millions of dollars or
a threat that he would be sued for millions of dollars.
That was back in July, and then he was sued,
and that case was in a Mississippi court, and there
(22:54):
was a Jane Doe suing a John Doe. Neither party's
name was used, but there was also a threat that
the Jane Doe would sue Garth Brooks in California. That
is the suit that we all know about, and his
name was used. In response to that, Garth Brooks that
I'm just really boiling this down. Garth Brooks attorneys have said,
(23:15):
wait a minute, how is it you're going to use
our client's name in California and not in Mississippi when
it was agreed upon in the Mississippi case that neither
party's name would be used. And so in a response filing,
Garth Brooks's attorneys are saying, well, what's good for the
goose is good for the gander.
Speaker 4 (23:32):
And I'm not making a value judgment.
Speaker 6 (23:34):
I'm just saying that Garth Brooks's legal counsel has decided
to reveal the name of the accuser in a response filing,
and so here we are.
Speaker 4 (23:42):
It is escalated quickly.
Speaker 3 (23:44):
Because this can be a big deal.
Speaker 2 (23:47):
I mean it's a big deal, I guess any time
a victim's identity is revealed when they have not agreed
to it. But this because her lawyers are saying now
they want the maximum sanction yes, against his lawyers for
revealing her name, even though she revealed his name in
(24:08):
the same case.
Speaker 6 (24:10):
Correct, But the optics of anyone revealing a rape accuser's
name is not going to go over well. But when
you put it in the fuller context of how we
got here, you at least understand the thinking. I'm not
saying that I agree with revealing the accuser's name. I
understand that where they're going with this, and the accusers
(24:33):
lawyers are saying, well, fair or not, you're not supposed
to do that, So we're going to ask the court
to further sanction you.
Speaker 2 (24:42):
Well, I mean, obviously the judge will decide whether the
lawyers for Garth Brooks did something wrong or not. And
if he did something, if they did something wrong, how
how bad it is?
Speaker 3 (24:55):
Is this?
Speaker 2 (24:56):
I hate to sound stupid, but you have a Mississippi
CA and that's federal court in Mississippi. Yes, and then
you have a case here is this are both cases
about the same incident from what we.
Speaker 6 (25:12):
Could tell, yes, they are inclusive of the same incident.
And what she's also alleging is an ongoing pattern of
abuse text messages, stalking to a certain degree where he
was relentless in his pursuit of her. The actual rate
which is being alleged is in a specific location.
Speaker 4 (25:33):
But she's alleging an ongoing pattern of abuse.
Speaker 2 (25:36):
Okay, So I mean, I don't know all the specifics
about why you would have two different federal jurisdictions. At
some point I would imagine they should figure out which
one is the best one and do it. But I
think the other thing that was lost on me at
first is first, there was nothing. There were no cases,
(25:56):
There were no allegations against Garth Brooks. You know, there
was nothing, and if and if what you're telling me.
Speaker 3 (26:04):
It started with Garth Brooks suing her.
Speaker 4 (26:11):
No, No, it started with a demand letter from her.
Speaker 3 (26:15):
Demand letter from her.
Speaker 2 (26:16):
And then Garth Brooks sued her in Mississippi.
Speaker 6 (26:20):
No, she sued him in Mississippi after the demand letter
was not met. Then she fills suit in California.
Speaker 2 (26:32):
Okay, because some of the reporting is a little wonky
on this, all right, then that's then then that follows
I guess the normal course of conduct. Now they're saying
they revealed her name, and then they're also saying that
this is a shakedown and and and all of that.
Speaker 3 (26:48):
When someone says sends a demand.
Speaker 2 (26:50):
Letter, in any situation, you could say, well, maybe it's
a shakedown, whether it's a car accident or whatever it is,
because all they've done is sent us a letter saying
give me money.
Speaker 4 (27:06):
Right, they're asking for the money or will take this
to court.
Speaker 2 (27:10):
Yeah, but then they when someone follows through and files
the lawsuit. I tend to think it's less likely that
it's an unfounded shakedown because now they're opening up a
situation where they can be held accountable for what they
say and they're going to have a lot of obligations.
Speaker 3 (27:32):
To prove their case.
Speaker 2 (27:33):
So, I mean, I don't know what's going on here,
so I would never opine, but man, this thing is
crazy now and it'll be interesting to see if it
turns into another controversy with Garth Brooks's lawyers being in
big trouble.
Speaker 6 (27:47):
Yeah, And to clarify what you're saying, there are reports
which are saying that she sued him in Mississippi, and
their reports that's saying that he sued her in Mississippi,
but since there was John Doe Jane, it's still unclear.
Speaker 2 (28:03):
Yeah, that's part of the problem. When you don't know
who you're talking about, you can't keep it straight. Now
you're gonna keep it straight for us tonight from seven
to ten on your own show Later with mo Kelly.
Speaker 3 (28:13):
Do you want to give a quick hint of what
you're gonna be talking about.
Speaker 6 (28:18):
Well, we're always talking about tech at the very minimum
on Tech Thursday, So beyond Garth Brooks, we're going to
talk about technology and how it has played a role
in helping save people in the wake as you said
of Hurricane Milton and Moore.
Speaker 2 (28:33):
All right, thank you, so good to talk to you.
We'll talk to you again next week, see soon. All right,
he didn't know that, he didn't know I was gonna
be here next week, but now he does. All right,
that's the show. Thank you everybody. Garry and Shannon coming
up NeXT's KFI AM six forty Live everywhere on the
iHeartRadio app.
Speaker 1 (28:52):
You've been listening to the Bill Handle Show. Catch my
Show Monday through Friday, six am to nine am, and
anytime on demand on the iHeart Radio app.
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