October 17, 2024 • 28 mins
Wayne Resnick fills in for Bill while he is out on vacation. Host of ‘How to Money’ on KFI Joel Larsgaard joins the show to talk about savings rates declining, FTC announcing “Click to Cancel’ rule, luxury goods prices going up, and upside-down car balances on the rise. Trump/ Harris on tax credits. Host of ‘Later with Mo Kelly’ on KFI weekdays from 7pm-10pm joins Bill to talk about Disneyland debuting a new expensive line-skipping pass.
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Speaker 1 (00:01):
You're listening to Bill Handle on demand from KFI AM
six forty.
Speaker 2 (00:06):
KFI AM six forty Live everywhere on the iHeartRadio app.
Good morning, It's a Bill Handle show. Wayne Resnick sitting
in until nine. A couple of stories we're watching for
you here at KFI. The Archdiocese of Los Angeles has
agreed to pay eight hundred and eighty million dollars to
thirteen hundred and fifty three victims of sexual abuse, and
(00:32):
the plaintiffs will get to figure out how to divide
that money up. The church will have no say so
in how it gets divided up. And this is the
biggest sex abuse settlement with a Catholic archdiocese. But you
may remember the same diocese here in La paid over
seven hundred million dollars before to a different group of victims.
(00:54):
It makes the total payout over one point five billion dollars.
And Israel said they may have killed the leader of
Hamas Yaya Sinwar in a strike in Gaza. We are
waiting to hear what they have to say about it
and how they will prove that they did if they
say that they did. And now it is time to
(01:18):
learn how to money with Joel Larsgard, the host of
How to Money right here on KFI every Sunday noon
to two pm. On social media at how to Money Joel,
Good morning, sir, Good to talk to you again.
Speaker 3 (01:30):
Yeah, same with you, Wayne, How are you?
Speaker 4 (01:32):
I'm good.
Speaker 2 (01:33):
So to get into the first thing that you're gonna
help us with. Maybe ten months ago, I started looking
at CD rates smart man. Yeah, sure, it's a safe
investment in all of that. And there were certain places
that we're offering five and a half five point six percent,
(01:55):
And now I'm looking right now and the best that
I can find, there's one the online bank that's offering
four point six y' five. We know the Fed cut
the rate there, and we know that banks have been
trimming back their offerings and it's harder to make good
(02:16):
money from your money. What's going on? Why is that happening?
And what are the alternatives?
Speaker 5 (02:24):
Yeah?
Speaker 3 (02:24):
Yeah, I mean, so the Fed is cutting rates because
they feel like they have inflation under control. They want
to make sure that the economy doesn't, you know, enter
some sort of difficult period, and they're trying to get
that FED funds rate just right, trying to find the
happy medium spot the Goldilock spot if you will. And
because of that, because the FED is lowering rates, like
what the rates that banks and credit unions and online
(02:46):
banks are able to offer to people like you and me,
those are going down on savings products. So, for instance,
CDs you mentioned CDs. That's one of those things whereas
people are saying, oh, my gosh, my bank account. I
was finally actually as a saver star need to make
some money because man, for like a decade plus, savers
were just like getting hit in the face with zero
savings rates. Essentially half a percent was considered good there
(03:09):
for a long time, and so now you're like, well,
five percent, I'm actually earning real returns on my cash.
But it feels like that era is coming to an end.
It might be slowly but surely, but rates are coming
down and we're already starting to see that. So CDs
are one of those places where if you have money
in savings so you don't necessarily need it for the
next year or two, you might want to. With kind
of these prognostications, and looking forward, it looks like rates
(03:31):
might get cut are likely to get cut even more.
A CD could at least help you to keep that
higher rate for a little bit longer.
Speaker 2 (03:39):
Yeah, And I also noticed with these high interest savings
accounts that some banks are offering.
Speaker 4 (03:45):
I don't have one.
Speaker 2 (03:46):
Of these, but I guess if you have an Apple card,
you have access to a Goldman Sacks high interest savings account.
And I just read they've just announced that they're cutting
the interest rate that they're going to pay on that
for the second time.
Speaker 4 (03:59):
In just a few months.
Speaker 2 (04:01):
So with this trend going on, I mean, what I
hear you saying is I do acknowledge it's the best advice,
but there's an element of gloom because what you're saying
is it's only gonna get worse, So lock in something now.
Speaker 3 (04:17):
I mean, it's true, it's true. I think the other
thing that people need to be thoughtful about is, and
you see this kind of in the data, is that
the amount of money that people have in savings has
gone up actually quite significantly over the past five years.
And so there is a chance. I like it when
people have more savings on hand, but there is a chance,
and it is possible to have too much money in savings,
(04:40):
and so maybe you've gotten too comfortable holding on to
significant amounts of cash, and maybe you need some of
that cash should be would be better off invested inside
of your retirement accounts, inside of tax advantaged accounts, inside
of even a broker's account. But because we know that
even with a five percent rate of return, which isn't
going to last on your savings account, we're already seeing
those like you mentioned, those same these accounts of even
(05:02):
the big high yield ones going down into the roughly
closer to the four percent range instead of the five
percent range. Just at least consider, do I have too
much cash on hand? And if I do, can I
slowly but surely stick that money into the market, Because
if I don't need it for next five to seven years,
chances are I'm going to get a higher rate of
return by investing that money. And I think another thing
(05:23):
that has to be mentioned is don't put your savings
with the big banks. That's the absolute worst thing you
can do, because when you look up the numbers, Bank
of America, Wells, Fargo, Chase, they're all paying like point
zero one to point zero seven percent. I mean, it's
it's essentially literally nothing what they're paying you on your savings,
And so you need to at least be with one
(05:44):
of the best online banks that I love, like ally
Discover ci T, because if you're with one of those banks,
you are going to at least get an elevated rate,
even if it's not as good as it used to be.
Speaker 2 (05:54):
All Right, And one last thing I'll say is that
if you do as Joel says, and you kind of
take stock of your cash and what you have, and
you find you do have too much savings cash and savings,
then give me a call because I'd like to be
a friend. So Joel the FTC, And I'm not sure
how far along this is, but the FTC has announced
something going on with a click to cancel rule, which,
(06:18):
if you've ever read yelp reviews of a gymnasium, the
number one complaint and the number one reason for a
one star review is they made it impossible to cancel
the membership. So what is this click to cancel rule?
Is it finalized? When can we expect relief? How will
(06:40):
it protect us?
Speaker 3 (06:41):
Yeah, I mean that's a really good question. And the
FTC has kind of been incredibly active over the last
couple of years. Some things they're doing I think are great.
Other things they're doing I think are not so great.
This is one that I actually like quite a bit,
and it's because this is a real frustration for consumers
when you try to cancel a service. Hey, they made
(07:02):
it really really easy to sign up, and then you're like, yeah,
I don't think I want this anymore, and they make
you jump through a ton of hoops. You can't cancel
on the app that you signed up on. You have
to log into a website and then they make you
jump through this rigormarole or actually you have to talk
to an agent first, or actually you have to call
a one eight hundred number first. I mean, that's what
the cable companies have been doing for years upon years
(07:23):
upon years, and that's actually what the cable companies told
the FTC when they testified. They said, Hey, actually when
we make people cancel, we actually make them call us.
And that's because most of the time they don't end
up canceling after they call us, or they make it
such a jump, such a pain in your backside that
you don't end up canceling and you end up spending
(07:43):
more money with these companies that you signed up with.
So I think the FTC's move to try to make
it easier, and you asked about kind of where this stands. Well,
it's basically it's supposed to be finalized in essentially six months,
so hopefully companies will be forced to require they'll be
forced to meet this standard, which says they're going to
have to make it as easy to cancel for you
(08:03):
as it was for you to sign up.
Speaker 2 (08:05):
And you know that a business practice is bad when
it develops its own name, because what you're talking about
is called negative option marketing, and it's used, if I
understand it, it's used all over business, not just for example,
(08:28):
when you sign up for cable and they say, you know,
unless you cancel, we keep charging you, and then they
make it impossible to cancel. But sometimes, and this has
never happened to me, a business will send you a
thing and say, hey, we're offering you this I don't know,
we'll blanket for ten percent off, and if you don't
say anything, we're gonna send it to you and charge you.
(08:52):
And this is the problem with the recurring subscriptions. And
then also when you get a free trial period for something,
often it's negative option where if you don't say anything,
they will convert you to a paying customer. So it's
a real window into how decrepit business has become.
Speaker 3 (09:10):
Yeah, so if you have to force someone to do
business with you, or trick them into doing business with
you by making it ridiculously difficult to jump through, Like
I remember, I tried to cancel something recently, and they
try to They are all these ways they try to
retain your business. And at the very I mean, it's
it's faint type at the bottom in, you know, and
it's harder to see. And you're like, I'm not old.
(09:30):
I'm forty years old. I should be able to figure
this out. And finally I'm able to click through all
the steps. But it is ridiculous. They make it so
easy to sign up, so difficult to cancel, and it
costs people money. And so yeah, I will say this too.
Interestingly enough, on the cancelation front, if you have let's
say a streaming service and you're like, I don't know
if I want this, or I at least don't want
(09:51):
to pay the current price that I'm paying, you can
go in there and start canceling, and then they will
prompt you, oftentimes by offering you a better deal, and
they say, hey, let's what's the problem is it that
it's too expensive, and you say, yeah, it's too expensive,
that's why I'm trying to cancel. And they'll say, all right,
well we were charging you nine ninety nine a month,
but what if we offered you six months at a
dollar ninety nine a month. Then you say, actually, it's
(10:11):
probably worth it to me at a dollar ninety nine
a month. So sometimes when you effectively talk to that
company and you say listen, i'm planning on canceling, they
will offer you a better deal. But I know that's
a frustrating back and forth with consumers. And actually some
companies are saying, because of this rule, we won't be
able to negotiate with customers who are trying to cancel
in the same way. That's kind of what the cable
companies are saying. I don't think that's going to come
(10:33):
to pass. I think people are still going to get
offers when they try to cancel, but I think it
will be easier for a lot of people who actually
want to get rid of a service from their life.
Speaker 4 (10:42):
I don't see the problem.
Speaker 2 (10:43):
First of all, boohoo that you know you won't be
able to harangue people and hold them hostage on a
telephone call. But Also, so you make it easy to
cancel if the law requires it. And I go in
and I cancel my cable, click, I'm canceled. There's nothing
that stops you from sending me email saying, oh, we
were so sorry to see you go.
Speaker 4 (11:01):
Would you come back if we do this or this.
Speaker 2 (11:04):
It doesn't stop them from enticing people back with a
better deal. Also, why not run your business in a
way that not so many people want to cancel in
the first place.
Speaker 3 (11:16):
Yeah, I think you're spot on. And again, when you
have to trick people to do business with you or
make it difficult to cancel, what you're saying is like, yeah,
the product might be okay, but really, the way we
make our money and stats show this is that people
sign up specifically for subscriptions and they forget that they
have them. They're not they're paying them every single month,
(11:38):
just but it's out ofside, out of mind, and it's
because maybe they're not balancing their finances, they're not sticking
to a budget, they don't have some sort of budgeting
app that they're seeing. Oh wait, I didn't realize I
was paying eleven ninety nine to this company in sixteen
ninety nine to this company, and because of that, like
these subscriptions, typically the average person says, Oh, I think
I've got like one hundred and fifty bucks worth of subscriptions,
and yet it's more like three point fifty, right, and so,
(12:00):
and I think this difficulty to cancel and the kind
of out of sight, out of mind thing is a
huge reason why.
Speaker 2 (12:07):
All right, let's finish with this, because we're talking about
people who have money, people who are spending money that
they don't need to, for example, on subscriptions they don't want. Now,
what about people Let's talk about a different kind of people.
They have a lot of money and they want to
spend it on fancy things. In the world of luxury goods,
(12:28):
prices are going up. What is that doing to people's
appetite to buy the luxury goods?
Speaker 3 (12:37):
So this is like such an interesting phenomena. And when
certain prices go up, certain consumers become really pro sensitive.
Right Like when the price of eggs goes from a
dollar fifty for a dozen to three fifty for a dozen,
people are like, Ooh, I don't know, maybe I'll offer
something else. When it comes to luxury goods, the fancy
(12:57):
stuff and the elite stuff. When prices go up, people
end up desiring that stuff more. The people who can
afford those things, they actually start to think of it
as more valuable than it otherwise is. And so these
products Swiss watches, fancy fancy bags, they become more desirable
even as the prices increase higher than the rate of inflation.
(13:17):
And my guess is most people listening to you right now,
Wayne aren't like thinking about buying some sort of Gucci handbag.
But I don't know, but I'm sure there's some fancy
people out there. I think it's okay if you have
a taste for fancier stuff. But I guess I just
want people to reconsider and say, well, why is it
that I want this thing in the first place? And
is it because it feels like it's this good that
(13:40):
is hard to come by and that it rapidly increasing
price makes you think that it's worth more than it
actually is, or is it because you actually like the
handmade ship or the craftsmanship of a certain item. I
think it's just really easy to get kind of go
down the brand rabbit hole and say, oh, this is
fancier than something else that I could buy, when oftentimes
it's not it's just a label or it's a status symbol,
(14:02):
and the money's not worth it.
Speaker 2 (14:04):
The status that's what you that's what you keyed off
is I think with a lot of the really you know,
like a ten thousand dollars scarf or whatever, at that level,
I think the point is not the scarf, it's that
you could pay ten thousand dollars for a scarf. So
I have a business idea. It just occurred to me.
(14:25):
Tell me, if you want in we start a business
card company. Here's what we sell. It's a business card
and it costs fifty thousand dollars and on it it
has our we'll think of a company name, Joel and
all that, and it has our company name, and then
(14:46):
it just says I paid fifty thousand dollars for this card.
And that way you can prove to people that you
had fifty thousand dollars that you didn't need.
Speaker 3 (15:00):
I've got deep pockets, and that's the that's the quickest
way to tell people you have deep pockets. And yes,
potentially a pension for spending your money.
Speaker 4 (15:08):
Yes, hi, I suggest to you that we would sell a.
Speaker 2 (15:11):
Lot of those business cards that cost us fifty cents
to make.
Speaker 3 (15:15):
Okay, all right, now I think about what we consider this.
I'm gonna get it.
Speaker 2 (15:18):
Please do take it under advisement, and we will listen
to you Sunday from noon to two on your show
How to Money right here on KFI.
Speaker 4 (15:25):
Joel, thank you so much.
Speaker 5 (15:27):
Thanks Wayne.
Speaker 4 (15:28):
All Right there, he goes Joel lars Guard.
Speaker 2 (15:30):
Now we're gonna keep it money related, and let's talk
about the child tax credit, because both former President Trump
and Vice President Kamala Harris are talking up their plans
for the child tax credit. Now, the child tax credit,
which now sounds more like a liberal or or Democratic
(15:54):
Party thing, started out as a very very very concernervative thing.
You have to go back to the mid to late nineties,
and do you remember that you had Newt Gingrich and
the Contract with America, And it was a resurgence of
(16:15):
conservatism in Congress. And they were terribly concerned about families,
about maintaining families, about the quality of family time.
Speaker 4 (16:31):
This is a real thing. This was their big concern.
Speaker 2 (16:34):
And the Heritage Foundation, which is a conservative think tank,
came up with an idea to give a middle class
tax cut, I guess in order to help people have
more family time, i e. Mom wouldn't have to go
(16:54):
to work, for example. And I remember at the time,
and I forgot which which politician it was, but they
specifically said that we have a poverty of quality family time.
That's what they were concerned about, traditional family values. So
because they controlled Congress, they were able to pass the
(17:17):
first what they called a child tax credit, and it
was four hundred dollars a year, which really to me,
like that's more of a symbolic thing. But over the
years a couple of things happened. First of all, the
Democrats said, oh, you know, this is a good idea.
It's always a good idea to help families with their children,
(17:40):
and it's a great campaign talking point. And so there
have been different variations of a child tax credit, and
the amounts that you could get have gone up, and
now about thirty seven billion dollars a year go to
some thing families who don't even owe any taxes. Which
(18:04):
brings me to what I said before the break, which
is they're both talking about a child tax credit, but
is it really a tax credit?
Speaker 4 (18:13):
This was the complaint about.
Speaker 2 (18:14):
The Republican's version of a child tax credit. Is it
basically only went to people who were paying taxes, meaning
it went to middle class people, it went to higher
income earners. The first version of it, you could get
it up to an income of four hundred thousand dollars
a year, but if you were poor, like really poor
and therefore paid no income tax, you got nothing. So
(18:38):
the Democrats came in and they took the idea and
they said, well, what about using this idea to help
poor people also with their families. And that's why now
families who really don't pay income tax or pay very
little because they're poor, they collectively get about thirty seven
billion dollars a year in a child quote tax credits.
(18:59):
But in that point, it's not really a tax credit.
It's it's just it's a giveaway. And I don't say
that pejoratively. So now you have Trump and you have Harris,
and how are their plans different. Well, Donald Trump basically
is responsible for the current policy that twenty seventeen tax
(19:20):
lawn doubled the maximum credit to two thousand dollars. That's
where also if you're up to four hundred thousand dollars
you can get that, and then some children only get
part of that, and then one in ten doesn't get anything.
One in ten kids doesn't get anything because their parents
don't make enough money. So Kamala Harris is number one.
(19:42):
Let's raise that to three thousand dollars. If it's a preschooler,
let's give them thirty six hundred, and if it's a baby,
let's give them six thousand dollars. And all the poor
people can get it. It doesn't matter if you make
enough money to pay taxes or not. You will get
this tax credit, which now is really I guess the
(20:05):
best way to refer to it is as a subsidy.
So those are the two plans. They're basically very different ideas.
One of them is only for people who pay enough
taxes and the other one, so one of them is
kind of like a tax cut for middle and upper
income families and the other one is basically a welfare program.
(20:31):
That doesn't make either of them good or bad. It
just means they're different. But they keep calling them child
tax credits because I guess that's what we're used to hearing,
and so that's what sells. And the Devil's in the details.
Joining me now the host of Later with Moe Kelly
(20:51):
right here on KFI Monday through Friday seven to ten
pm on the social media at mister Mokelly, it's bo Kelly.
Speaker 5 (21:02):
Well, good morning, Wayne, good bute.
Speaker 2 (21:03):
Wouldn't that be wild if I said all that and
then I said, and it's Art.
Speaker 4 (21:07):
Finkling, Yeah like that.
Speaker 5 (21:11):
No, No, of course it's you.
Speaker 4 (21:13):
How are you, sir?
Speaker 5 (21:14):
I'm doing well.
Speaker 4 (21:15):
It is great to talk to you, Wayne, and to
you as always.
Speaker 2 (21:19):
All right, listen, man, let's let's get into this because
even though I'm not interested in going to Disneyland anymore,
I still get mad at some of the things they do.
And they did something and it did make me mad.
But why don't you let's talk about it and then
maybe you can help me decide if I'm supposed to
be mad.
Speaker 1 (21:39):
Okay, First, this is going to be very confusing, and
I think sometimes it's intentional.
Speaker 5 (21:44):
You may have gone to Disneyland.
Speaker 1 (21:45):
You know that it's very expensive just to get in
the park, and then then when you get in the
park you find that they're lines everywhere. So Disneyland offer
what they called a lightning Pass, and they'd had it
for many years, where if you were just set a
reservation and obviously pay extra, you can go from the
long line to the short line, but you had to
set a time for while you were in the park
(22:07):
when you're going to go to one of those featured attractions,
and you couldn't do more than like three in a
given day. Now they're making it if that is too
slow for you, or you want to skip all the lines.
Speaker 5 (22:18):
Who don't have the same limitations, they have.
Speaker 1 (22:20):
A Lightning Premiere Pass for the small price of four
hundred dollars per person.
Speaker 5 (22:28):
You can skip all the lines and you don't have.
Speaker 1 (22:31):
To set an arrival time for the premiere attraction, and
it's not limited to one park, and you just can
just go to the front of line and you don't
have to wait like an hour and a half.
Speaker 5 (22:42):
You don't have to wait fifteen minutes in line.
Speaker 1 (22:44):
Now, it's only available to a limited number of people,
and it's going to have dynamic pricing in twenty twenty five.
It's set at four hundred dollars right now, but in
twenty twenty five it will fluctuate between three and four
hundred dollars.
Speaker 5 (22:56):
That's the basic rundown all right now.
Speaker 2 (22:59):
I do already know the answer to this, but I
want to ask you for fun because when you answer it,
it will be fun. So four hundred dollars for this
premiere pass? So for how many months? Is it good?
Speaker 1 (23:14):
Just for the day, A good day?
Speaker 2 (23:20):
Four hundred dollars per person. I can't. I'm sorry, I cannot.
I can't. Seems this seems like mo This seems like
what you would see not in real life, but in
a dystopian, dark comedy about a society gone haywire. Four
(23:45):
hundred dollars two up to twenty four times. Walk past
everybody in line whenever you want and go. When I
say whenever you want, I simply mean at whatever time
you choose to do it. Once, walk past them and go.
I paid a ton of money, guys, I get on first.
Speaker 4 (24:08):
I don't see who's I mean.
Speaker 2 (24:10):
I guess people who are a huge Disney fans and
have a lot of money, and that's who it's for.
Speaker 4 (24:16):
Does Disneyland not want families anymore?
Speaker 5 (24:20):
Well?
Speaker 1 (24:21):
It makes you wonder because the price elasticity is something
amazing here, because when you say family, you're talking about
mostly people from out of town. Yes, we in southern
California love Disney, but most of the people who are
coming coming for vacation and to stay at the Disneyland
resort or any of those resort properties. Those hotels are
one thousand dollars per night, and then you're talking about
(24:44):
at least one hundred dollars per person for the park
past just to get in the park. And then you
want to put on top of that another four hundred
dollars for the Lightning Premiere past. And you still haven't
paid for parking if you should park off site. You
haven't paid for any food, any souvenirs. Yeah, they're really
testing the metal of families, you know.
Speaker 4 (25:08):
I'm looking at this list.
Speaker 2 (25:10):
I'm trying to find a list of the twenty four
attractions that you can skip the line on for this
and I'm looking at Disneyland Park and I guess it's
I don't see twenty four because this also covers California Adventure. Sure,
but here are some of the rides that you can
skip the line once for after paying four hundred dollars.
(25:34):
The Autopia ooh, the Roger Rabbit's Cartoon spin Now, Space
Mountain is on here, and Pirates of the Caribbean is
on here, and the Haunted Mansion is on here.
Speaker 4 (25:50):
I'm not trying to. But some of these rides.
Speaker 2 (25:55):
Are once you've been on them, they're not even worth
going on again, let alone paying four hundred dollars to
get on them.
Speaker 4 (26:03):
Right now, Wow.
Speaker 5 (26:05):
I'm forgetting something very important.
Speaker 1 (26:07):
Well, a lot of those attractions aren't even consistently open.
The past two times that I've been to Disneyland, Space
Mountain wasn't even open. All these rides were subject to availability.
Let's not forget.
Speaker 2 (26:20):
There's no pro rated cost per day based on how
many of the twenty four attractions are open.
Speaker 5 (26:26):
Not that I can see from anything I've read.
Speaker 2 (26:29):
All Right, this is for honest to god, this is
for suckers, in my opinion, This is my opinion.
Speaker 4 (26:35):
This is for suckers.
Speaker 5 (26:39):
Yeah, you might.
Speaker 2 (26:40):
As well just go there and give them the pin
to for your ATM card and then give them your
ATM card at this point.
Speaker 5 (26:48):
But it's brilliant. It really is brilliant.
Speaker 1 (26:50):
Of course, doesn't cost Disney anything to do this, And
they know their clientele, they know the base, They've run
them numbers, they know the marketing people will pay it.
Speaker 2 (26:59):
It's the only business I've ever heard of where the
more they raise their prices, the more people go and
I think there's something. There's something about Disneyland, and I'm
not sure if it's a personality defect or not, but
there's no amount of money that some people won't pay,
and any opportunity to spend more money that Disneyland provides,
(27:22):
there are people who will pay it. They are all
in ride or die for Disneyland.
Speaker 5 (27:28):
You mean like Amy King. Well, I don't know.
Speaker 2 (27:31):
That she's I don't think Amy King is at that level.
I think Amy King has a more and Amy I
don't know if you're still there or not. I know
at the top of the hour, yep, I'm here, Okay,
I see Amy King. I see Amy King as being
like a sensible level of disney fandom, not someone who's
gonna empty out her bank account just because Disneyland gives
(27:52):
her an opportunity to spend more money.
Speaker 4 (27:54):
That's the way I see Amy King. That's mostly correct.
Speaker 5 (27:59):
Wow.
Speaker 2 (28:00):
Al right, well that's an admission of something, but we
don't have time to get into it. Mo, do you
want to tease us with what you'll talk about tonight
on your show later with Mo Kelly?
Speaker 1 (28:11):
Well, it's tech Thursday, so we've got to talk about
all things in the world of tech. Android just dropped
its fifteenth version of their operating system, so we'll talk
about that and so much more, of course, the latest
developments in AI and how it's impacting you, me and
the rest of the world.
Speaker 2 (28:26):
All right, awesome, mo Kelly. Tonight seven to ten pm.
Gary and Shannon are next. This is KFI AM six
forty Live everywhere on the iHeartRadio app.
Speaker 4 (28:36):
You've been listening to the Bill Handle Show.
Speaker 2 (28:38):
Catch my Show Monday through Friday six am to nine am,
and anytime on demand on the iHeartRadio app.
You're listening to Bill Handle on demand from KFI AM
six forty.
Speaker 2 (00:06):
KFI AM six forty Live everywhere on the iHeartRadio app.
Good morning, It's a Bill Handle show. Wayne Resnick sitting
in until nine. A couple of stories we're watching for
you here at KFI. The Archdiocese of Los Angeles has
agreed to pay eight hundred and eighty million dollars to
thirteen hundred and fifty three victims of sexual abuse, and
(00:32):
the plaintiffs will get to figure out how to divide
that money up. The church will have no say so
in how it gets divided up. And this is the
biggest sex abuse settlement with a Catholic archdiocese. But you
may remember the same diocese here in La paid over
seven hundred million dollars before to a different group of victims.
(00:54):
It makes the total payout over one point five billion dollars.
And Israel said they may have killed the leader of
Hamas Yaya Sinwar in a strike in Gaza. We are
waiting to hear what they have to say about it
and how they will prove that they did if they
say that they did. And now it is time to
(01:18):
learn how to money with Joel Larsgard, the host of
How to Money right here on KFI every Sunday noon
to two pm. On social media at how to Money Joel,
Good morning, sir, Good to talk to you again.
Speaker 3 (01:30):
Yeah, same with you, Wayne, How are you?
Speaker 4 (01:32):
I'm good.
Speaker 2 (01:33):
So to get into the first thing that you're gonna
help us with. Maybe ten months ago, I started looking
at CD rates smart man. Yeah, sure, it's a safe
investment in all of that. And there were certain places
that we're offering five and a half five point six percent,
(01:55):
And now I'm looking right now and the best that
I can find, there's one the online bank that's offering
four point six y' five. We know the Fed cut
the rate there, and we know that banks have been
trimming back their offerings and it's harder to make good
(02:16):
money from your money. What's going on? Why is that happening?
And what are the alternatives?
Speaker 5 (02:24):
Yeah?
Speaker 3 (02:24):
Yeah, I mean, so the Fed is cutting rates because
they feel like they have inflation under control. They want
to make sure that the economy doesn't, you know, enter
some sort of difficult period, and they're trying to get
that FED funds rate just right, trying to find the
happy medium spot the Goldilock spot if you will. And
because of that, because the FED is lowering rates, like
what the rates that banks and credit unions and online
(02:46):
banks are able to offer to people like you and me,
those are going down on savings products. So, for instance,
CDs you mentioned CDs. That's one of those things whereas
people are saying, oh, my gosh, my bank account. I
was finally actually as a saver star need to make
some money because man, for like a decade plus, savers
were just like getting hit in the face with zero
savings rates. Essentially half a percent was considered good there
(03:09):
for a long time, and so now you're like, well,
five percent, I'm actually earning real returns on my cash.
But it feels like that era is coming to an end.
It might be slowly but surely, but rates are coming
down and we're already starting to see that. So CDs
are one of those places where if you have money
in savings so you don't necessarily need it for the
next year or two, you might want to. With kind
of these prognostications, and looking forward, it looks like rates
(03:31):
might get cut are likely to get cut even more.
A CD could at least help you to keep that
higher rate for a little bit longer.
Speaker 2 (03:39):
Yeah, And I also noticed with these high interest savings
accounts that some banks are offering.
Speaker 4 (03:45):
I don't have one.
Speaker 2 (03:46):
Of these, but I guess if you have an Apple card,
you have access to a Goldman Sacks high interest savings account.
And I just read they've just announced that they're cutting
the interest rate that they're going to pay on that
for the second time.
Speaker 4 (03:59):
In just a few months.
Speaker 2 (04:01):
So with this trend going on, I mean, what I
hear you saying is I do acknowledge it's the best advice,
but there's an element of gloom because what you're saying
is it's only gonna get worse, So lock in something now.
Speaker 3 (04:17):
I mean, it's true, it's true. I think the other
thing that people need to be thoughtful about is, and
you see this kind of in the data, is that
the amount of money that people have in savings has
gone up actually quite significantly over the past five years.
And so there is a chance. I like it when
people have more savings on hand, but there is a chance,
and it is possible to have too much money in savings,
(04:40):
and so maybe you've gotten too comfortable holding on to
significant amounts of cash, and maybe you need some of
that cash should be would be better off invested inside
of your retirement accounts, inside of tax advantaged accounts, inside
of even a broker's account. But because we know that
even with a five percent rate of return, which isn't
going to last on your savings account, we're already seeing
those like you mentioned, those same these accounts of even
(05:02):
the big high yield ones going down into the roughly
closer to the four percent range instead of the five
percent range. Just at least consider, do I have too
much cash on hand? And if I do, can I
slowly but surely stick that money into the market, Because
if I don't need it for next five to seven years,
chances are I'm going to get a higher rate of
return by investing that money. And I think another thing
(05:23):
that has to be mentioned is don't put your savings
with the big banks. That's the absolute worst thing you
can do, because when you look up the numbers, Bank
of America, Wells, Fargo, Chase, they're all paying like point
zero one to point zero seven percent. I mean, it's
it's essentially literally nothing what they're paying you on your savings,
And so you need to at least be with one
(05:44):
of the best online banks that I love, like ally
Discover ci T, because if you're with one of those banks,
you are going to at least get an elevated rate,
even if it's not as good as it used to be.
Speaker 2 (05:54):
All Right, And one last thing I'll say is that
if you do as Joel says, and you kind of
take stock of your cash and what you have, and
you find you do have too much savings cash and savings,
then give me a call because I'd like to be
a friend. So Joel the FTC, And I'm not sure
how far along this is, but the FTC has announced
something going on with a click to cancel rule, which,
(06:18):
if you've ever read yelp reviews of a gymnasium, the
number one complaint and the number one reason for a
one star review is they made it impossible to cancel
the membership. So what is this click to cancel rule?
Is it finalized? When can we expect relief? How will
(06:40):
it protect us?
Speaker 3 (06:41):
Yeah, I mean that's a really good question. And the
FTC has kind of been incredibly active over the last
couple of years. Some things they're doing I think are great.
Other things they're doing I think are not so great.
This is one that I actually like quite a bit,
and it's because this is a real frustration for consumers
when you try to cancel a service. Hey, they made
(07:02):
it really really easy to sign up, and then you're like, yeah,
I don't think I want this anymore, and they make
you jump through a ton of hoops. You can't cancel
on the app that you signed up on. You have
to log into a website and then they make you
jump through this rigormarole or actually you have to talk
to an agent first, or actually you have to call
a one eight hundred number first. I mean, that's what
the cable companies have been doing for years upon years
(07:23):
upon years, and that's actually what the cable companies told
the FTC when they testified. They said, Hey, actually when
we make people cancel, we actually make them call us.
And that's because most of the time they don't end
up canceling after they call us, or they make it
such a jump, such a pain in your backside that
you don't end up canceling and you end up spending
(07:43):
more money with these companies that you signed up with.
So I think the FTC's move to try to make
it easier, and you asked about kind of where this stands. Well,
it's basically it's supposed to be finalized in essentially six months,
so hopefully companies will be forced to require they'll be
forced to meet this standard, which says they're going to
have to make it as easy to cancel for you
(08:03):
as it was for you to sign up.
Speaker 2 (08:05):
And you know that a business practice is bad when
it develops its own name, because what you're talking about
is called negative option marketing, and it's used, if I
understand it, it's used all over business, not just for example,
(08:28):
when you sign up for cable and they say, you know,
unless you cancel, we keep charging you, and then they
make it impossible to cancel. But sometimes, and this has
never happened to me, a business will send you a
thing and say, hey, we're offering you this I don't know,
we'll blanket for ten percent off, and if you don't
say anything, we're gonna send it to you and charge you.
(08:52):
And this is the problem with the recurring subscriptions. And
then also when you get a free trial period for something,
often it's negative option where if you don't say anything,
they will convert you to a paying customer. So it's
a real window into how decrepit business has become.
Speaker 3 (09:10):
Yeah, so if you have to force someone to do
business with you, or trick them into doing business with
you by making it ridiculously difficult to jump through, Like
I remember, I tried to cancel something recently, and they
try to They are all these ways they try to
retain your business. And at the very I mean, it's
it's faint type at the bottom in, you know, and
it's harder to see. And you're like, I'm not old.
(09:30):
I'm forty years old. I should be able to figure
this out. And finally I'm able to click through all
the steps. But it is ridiculous. They make it so
easy to sign up, so difficult to cancel, and it
costs people money. And so yeah, I will say this too.
Interestingly enough, on the cancelation front, if you have let's
say a streaming service and you're like, I don't know
if I want this, or I at least don't want
(09:51):
to pay the current price that I'm paying, you can
go in there and start canceling, and then they will
prompt you, oftentimes by offering you a better deal, and
they say, hey, let's what's the problem is it that
it's too expensive, and you say, yeah, it's too expensive,
that's why I'm trying to cancel. And they'll say, all right,
well we were charging you nine ninety nine a month,
but what if we offered you six months at a
dollar ninety nine a month. Then you say, actually, it's
(10:11):
probably worth it to me at a dollar ninety nine
a month. So sometimes when you effectively talk to that
company and you say listen, i'm planning on canceling, they
will offer you a better deal. But I know that's
a frustrating back and forth with consumers. And actually some
companies are saying, because of this rule, we won't be
able to negotiate with customers who are trying to cancel
in the same way. That's kind of what the cable
companies are saying. I don't think that's going to come
(10:33):
to pass. I think people are still going to get
offers when they try to cancel, but I think it
will be easier for a lot of people who actually
want to get rid of a service from their life.
Speaker 4 (10:42):
I don't see the problem.
Speaker 2 (10:43):
First of all, boohoo that you know you won't be
able to harangue people and hold them hostage on a
telephone call. But Also, so you make it easy to
cancel if the law requires it. And I go in
and I cancel my cable, click, I'm canceled. There's nothing
that stops you from sending me email saying, oh, we
were so sorry to see you go.
Speaker 4 (11:01):
Would you come back if we do this or this.
Speaker 2 (11:04):
It doesn't stop them from enticing people back with a
better deal. Also, why not run your business in a
way that not so many people want to cancel in
the first place.
Speaker 3 (11:16):
Yeah, I think you're spot on. And again, when you
have to trick people to do business with you or
make it difficult to cancel, what you're saying is like, yeah,
the product might be okay, but really, the way we
make our money and stats show this is that people
sign up specifically for subscriptions and they forget that they
have them. They're not they're paying them every single month,
(11:38):
just but it's out ofside, out of mind, and it's
because maybe they're not balancing their finances, they're not sticking
to a budget, they don't have some sort of budgeting
app that they're seeing. Oh wait, I didn't realize I
was paying eleven ninety nine to this company in sixteen
ninety nine to this company, and because of that, like
these subscriptions, typically the average person says, Oh, I think
I've got like one hundred and fifty bucks worth of subscriptions,
and yet it's more like three point fifty, right, and so,
(12:00):
and I think this difficulty to cancel and the kind
of out of sight, out of mind thing is a
huge reason why.
Speaker 2 (12:07):
All right, let's finish with this, because we're talking about
people who have money, people who are spending money that
they don't need to, for example, on subscriptions they don't want. Now,
what about people Let's talk about a different kind of people.
They have a lot of money and they want to
spend it on fancy things. In the world of luxury goods,
(12:28):
prices are going up. What is that doing to people's
appetite to buy the luxury goods?
Speaker 3 (12:37):
So this is like such an interesting phenomena. And when
certain prices go up, certain consumers become really pro sensitive.
Right Like when the price of eggs goes from a
dollar fifty for a dozen to three fifty for a dozen,
people are like, Ooh, I don't know, maybe I'll offer
something else. When it comes to luxury goods, the fancy
(12:57):
stuff and the elite stuff. When prices go up, people
end up desiring that stuff more. The people who can
afford those things, they actually start to think of it
as more valuable than it otherwise is. And so these
products Swiss watches, fancy fancy bags, they become more desirable
even as the prices increase higher than the rate of inflation.
(13:17):
And my guess is most people listening to you right now,
Wayne aren't like thinking about buying some sort of Gucci handbag.
But I don't know, but I'm sure there's some fancy
people out there. I think it's okay if you have
a taste for fancier stuff. But I guess I just
want people to reconsider and say, well, why is it
that I want this thing in the first place? And
is it because it feels like it's this good that
(13:40):
is hard to come by and that it rapidly increasing
price makes you think that it's worth more than it
actually is, or is it because you actually like the
handmade ship or the craftsmanship of a certain item. I
think it's just really easy to get kind of go
down the brand rabbit hole and say, oh, this is
fancier than something else that I could buy, when oftentimes
it's not it's just a label or it's a status symbol,
(14:02):
and the money's not worth it.
Speaker 2 (14:04):
The status that's what you that's what you keyed off
is I think with a lot of the really you know,
like a ten thousand dollars scarf or whatever, at that level,
I think the point is not the scarf, it's that
you could pay ten thousand dollars for a scarf. So
I have a business idea. It just occurred to me.
(14:25):
Tell me, if you want in we start a business
card company. Here's what we sell. It's a business card
and it costs fifty thousand dollars and on it it
has our we'll think of a company name, Joel and
all that, and it has our company name, and then
(14:46):
it just says I paid fifty thousand dollars for this card.
And that way you can prove to people that you
had fifty thousand dollars that you didn't need.
Speaker 3 (15:00):
I've got deep pockets, and that's the that's the quickest
way to tell people you have deep pockets. And yes,
potentially a pension for spending your money.
Speaker 4 (15:08):
Yes, hi, I suggest to you that we would sell a.
Speaker 2 (15:11):
Lot of those business cards that cost us fifty cents
to make.
Speaker 3 (15:15):
Okay, all right, now I think about what we consider this.
I'm gonna get it.
Speaker 2 (15:18):
Please do take it under advisement, and we will listen
to you Sunday from noon to two on your show
How to Money right here on KFI.
Speaker 4 (15:25):
Joel, thank you so much.
Speaker 5 (15:27):
Thanks Wayne.
Speaker 4 (15:28):
All Right there, he goes Joel lars Guard.
Speaker 2 (15:30):
Now we're gonna keep it money related, and let's talk
about the child tax credit, because both former President Trump
and Vice President Kamala Harris are talking up their plans
for the child tax credit. Now, the child tax credit,
which now sounds more like a liberal or or Democratic
(15:54):
Party thing, started out as a very very very concernervative thing.
You have to go back to the mid to late nineties,
and do you remember that you had Newt Gingrich and
the Contract with America, And it was a resurgence of
(16:15):
conservatism in Congress. And they were terribly concerned about families,
about maintaining families, about the quality of family time.
Speaker 4 (16:31):
This is a real thing. This was their big concern.
Speaker 2 (16:34):
And the Heritage Foundation, which is a conservative think tank,
came up with an idea to give a middle class
tax cut, I guess in order to help people have
more family time, i e. Mom wouldn't have to go
(16:54):
to work, for example. And I remember at the time,
and I forgot which which politician it was, but they
specifically said that we have a poverty of quality family time.
That's what they were concerned about, traditional family values. So
because they controlled Congress, they were able to pass the
(17:17):
first what they called a child tax credit, and it
was four hundred dollars a year, which really to me,
like that's more of a symbolic thing. But over the
years a couple of things happened. First of all, the
Democrats said, oh, you know, this is a good idea.
It's always a good idea to help families with their children,
(17:40):
and it's a great campaign talking point. And so there
have been different variations of a child tax credit, and
the amounts that you could get have gone up, and
now about thirty seven billion dollars a year go to
some thing families who don't even owe any taxes. Which
(18:04):
brings me to what I said before the break, which
is they're both talking about a child tax credit, but
is it really a tax credit?
Speaker 4 (18:13):
This was the complaint about.
Speaker 2 (18:14):
The Republican's version of a child tax credit. Is it
basically only went to people who were paying taxes, meaning
it went to middle class people, it went to higher
income earners. The first version of it, you could get
it up to an income of four hundred thousand dollars
a year, but if you were poor, like really poor
and therefore paid no income tax, you got nothing. So
(18:38):
the Democrats came in and they took the idea and
they said, well, what about using this idea to help
poor people also with their families. And that's why now
families who really don't pay income tax or pay very
little because they're poor, they collectively get about thirty seven
billion dollars a year in a child quote tax credits.
(18:59):
But in that point, it's not really a tax credit.
It's it's just it's a giveaway. And I don't say
that pejoratively. So now you have Trump and you have Harris,
and how are their plans different. Well, Donald Trump basically
is responsible for the current policy that twenty seventeen tax
(19:20):
lawn doubled the maximum credit to two thousand dollars. That's
where also if you're up to four hundred thousand dollars
you can get that, and then some children only get
part of that, and then one in ten doesn't get anything.
One in ten kids doesn't get anything because their parents
don't make enough money. So Kamala Harris is number one.
(19:42):
Let's raise that to three thousand dollars. If it's a preschooler,
let's give them thirty six hundred, and if it's a baby,
let's give them six thousand dollars. And all the poor
people can get it. It doesn't matter if you make
enough money to pay taxes or not. You will get
this tax credit, which now is really I guess the
(20:05):
best way to refer to it is as a subsidy.
So those are the two plans. They're basically very different ideas.
One of them is only for people who pay enough
taxes and the other one, so one of them is
kind of like a tax cut for middle and upper
income families and the other one is basically a welfare program.
(20:31):
That doesn't make either of them good or bad. It
just means they're different. But they keep calling them child
tax credits because I guess that's what we're used to hearing,
and so that's what sells. And the Devil's in the details.
Joining me now the host of Later with Moe Kelly
(20:51):
right here on KFI Monday through Friday seven to ten
pm on the social media at mister Mokelly, it's bo Kelly.
Speaker 5 (21:02):
Well, good morning, Wayne, good bute.
Speaker 2 (21:03):
Wouldn't that be wild if I said all that and
then I said, and it's Art.
Speaker 4 (21:07):
Finkling, Yeah like that.
Speaker 5 (21:11):
No, No, of course it's you.
Speaker 4 (21:13):
How are you, sir?
Speaker 5 (21:14):
I'm doing well.
Speaker 4 (21:15):
It is great to talk to you, Wayne, and to
you as always.
Speaker 2 (21:19):
All right, listen, man, let's let's get into this because
even though I'm not interested in going to Disneyland anymore,
I still get mad at some of the things they do.
And they did something and it did make me mad.
But why don't you let's talk about it and then
maybe you can help me decide if I'm supposed to
be mad.
Speaker 1 (21:39):
Okay, First, this is going to be very confusing, and
I think sometimes it's intentional.
Speaker 5 (21:44):
You may have gone to Disneyland.
Speaker 1 (21:45):
You know that it's very expensive just to get in
the park, and then then when you get in the
park you find that they're lines everywhere. So Disneyland offer
what they called a lightning Pass, and they'd had it
for many years, where if you were just set a
reservation and obviously pay extra, you can go from the
long line to the short line, but you had to
set a time for while you were in the park
(22:07):
when you're going to go to one of those featured attractions,
and you couldn't do more than like three in a
given day. Now they're making it if that is too
slow for you, or you want to skip all the lines.
Speaker 5 (22:18):
Who don't have the same limitations, they have.
Speaker 1 (22:20):
A Lightning Premiere Pass for the small price of four
hundred dollars per person.
Speaker 5 (22:28):
You can skip all the lines and you don't have.
Speaker 1 (22:31):
To set an arrival time for the premiere attraction, and
it's not limited to one park, and you just can
just go to the front of line and you don't
have to wait like an hour and a half.
Speaker 5 (22:42):
You don't have to wait fifteen minutes in line.
Speaker 1 (22:44):
Now, it's only available to a limited number of people,
and it's going to have dynamic pricing in twenty twenty five.
It's set at four hundred dollars right now, but in
twenty twenty five it will fluctuate between three and four
hundred dollars.
Speaker 5 (22:56):
That's the basic rundown all right now.
Speaker 2 (22:59):
I do already know the answer to this, but I
want to ask you for fun because when you answer it,
it will be fun. So four hundred dollars for this
premiere pass? So for how many months? Is it good?
Speaker 1 (23:14):
Just for the day, A good day?
Speaker 2 (23:20):
Four hundred dollars per person. I can't. I'm sorry, I cannot.
I can't. Seems this seems like mo This seems like
what you would see not in real life, but in
a dystopian, dark comedy about a society gone haywire. Four
(23:45):
hundred dollars two up to twenty four times. Walk past
everybody in line whenever you want and go. When I
say whenever you want, I simply mean at whatever time
you choose to do it. Once, walk past them and go.
I paid a ton of money, guys, I get on first.
Speaker 4 (24:08):
I don't see who's I mean.
Speaker 2 (24:10):
I guess people who are a huge Disney fans and
have a lot of money, and that's who it's for.
Speaker 4 (24:16):
Does Disneyland not want families anymore?
Speaker 5 (24:20):
Well?
Speaker 1 (24:21):
It makes you wonder because the price elasticity is something
amazing here, because when you say family, you're talking about
mostly people from out of town. Yes, we in southern
California love Disney, but most of the people who are
coming coming for vacation and to stay at the Disneyland
resort or any of those resort properties. Those hotels are
one thousand dollars per night, and then you're talking about
(24:44):
at least one hundred dollars per person for the park
past just to get in the park. And then you
want to put on top of that another four hundred
dollars for the Lightning Premiere past. And you still haven't
paid for parking if you should park off site. You
haven't paid for any food, any souvenirs. Yeah, they're really
testing the metal of families, you know.
Speaker 4 (25:08):
I'm looking at this list.
Speaker 2 (25:10):
I'm trying to find a list of the twenty four
attractions that you can skip the line on for this
and I'm looking at Disneyland Park and I guess it's
I don't see twenty four because this also covers California Adventure. Sure,
but here are some of the rides that you can
skip the line once for after paying four hundred dollars.
(25:34):
The Autopia ooh, the Roger Rabbit's Cartoon spin Now, Space
Mountain is on here, and Pirates of the Caribbean is
on here, and the Haunted Mansion is on here.
Speaker 4 (25:50):
I'm not trying to. But some of these rides.
Speaker 2 (25:55):
Are once you've been on them, they're not even worth
going on again, let alone paying four hundred dollars to
get on them.
Speaker 4 (26:03):
Right now, Wow.
Speaker 5 (26:05):
I'm forgetting something very important.
Speaker 1 (26:07):
Well, a lot of those attractions aren't even consistently open.
The past two times that I've been to Disneyland, Space
Mountain wasn't even open. All these rides were subject to availability.
Let's not forget.
Speaker 2 (26:20):
There's no pro rated cost per day based on how
many of the twenty four attractions are open.
Speaker 5 (26:26):
Not that I can see from anything I've read.
Speaker 2 (26:29):
All Right, this is for honest to god, this is
for suckers, in my opinion, This is my opinion.
Speaker 4 (26:35):
This is for suckers.
Speaker 5 (26:39):
Yeah, you might.
Speaker 2 (26:40):
As well just go there and give them the pin
to for your ATM card and then give them your
ATM card at this point.
Speaker 5 (26:48):
But it's brilliant. It really is brilliant.
Speaker 1 (26:50):
Of course, doesn't cost Disney anything to do this, And
they know their clientele, they know the base, They've run
them numbers, they know the marketing people will pay it.
Speaker 2 (26:59):
It's the only business I've ever heard of where the
more they raise their prices, the more people go and
I think there's something. There's something about Disneyland, and I'm
not sure if it's a personality defect or not, but
there's no amount of money that some people won't pay,
and any opportunity to spend more money that Disneyland provides,
(27:22):
there are people who will pay it. They are all
in ride or die for Disneyland.
Speaker 5 (27:28):
You mean like Amy King. Well, I don't know.
Speaker 2 (27:31):
That she's I don't think Amy King is at that level.
I think Amy King has a more and Amy I
don't know if you're still there or not. I know
at the top of the hour, yep, I'm here, Okay,
I see Amy King. I see Amy King as being
like a sensible level of disney fandom, not someone who's
gonna empty out her bank account just because Disneyland gives
(27:52):
her an opportunity to spend more money.
Speaker 4 (27:54):
That's the way I see Amy King. That's mostly correct.
Speaker 5 (27:59):
Wow.
Speaker 2 (28:00):
Al right, well that's an admission of something, but we
don't have time to get into it. Mo, do you
want to tease us with what you'll talk about tonight
on your show later with Mo Kelly?
Speaker 1 (28:11):
Well, it's tech Thursday, so we've got to talk about
all things in the world of tech. Android just dropped
its fifteenth version of their operating system, so we'll talk
about that and so much more, of course, the latest
developments in AI and how it's impacting you, me and
the rest of the world.
Speaker 2 (28:26):
All right, awesome, mo Kelly. Tonight seven to ten pm.
Gary and Shannon are next. This is KFI AM six
forty Live everywhere on the iHeartRadio app.
Speaker 4 (28:36):
You've been listening to the Bill Handle Show.
Speaker 2 (28:38):
Catch my Show Monday through Friday six am to nine am,
and anytime on demand on the iHeartRadio app.
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