November 21, 2024 • 22 mins
Host of “How to Money” on KFI Joel Larsgaard joins the show to discuss giving pre-owned stuff for Holidays, sports betting leading to a decline in investing, and Americans not liking shrinkflation… but they ar making different choices. Palm Springs reaches nearly $6MIL reparations deal with former Section 14 residents. Host of ‘Later with Mo Kelly’ on KFI weekdays from 7pm-10pm joins Bill to talk about the Gladiator II and box office prospects big pictures.
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Episode Transcript
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to bill Handle on demand from KFI AM six forty.
Speaker 3 (02:37):
KFI bill Handle here. It is a Thursday morning on
November twenty one. Some of the stories we are looking at.
The US has vetoed a UN Security Council resolution calling
for quote an immediate, unconditional, permanen cease firing Gazack.
Speaker 2 (02:54):
Why would the.
Speaker 3 (02:54):
US veto that because it didn't include a word about
the hostages that are being held by Hamas, and it
doesn't decry CAMAS as a terrorist organization that somehow it's
only Israel it's at fault, and that's typical of the UN.
And then Republicans on the House Ethics Committee voted not
(03:16):
to release the information on the investigation of Matt Gates
because he resigned very quickly, I might add, once he
was selected as the nominee for Attorney General. And the
Republicans aren't letting any negative information come out, even if
the Senate wants it.
Speaker 2 (03:36):
So there's a lot going on.
Speaker 3 (03:37):
In the meantime. It's Thursday, and let's move right into
Joel Larsguard How to Money, Sundays, twelve to two pm
at How to Money, Joel Social Address, Kim Morning, Joel Morning.
Speaker 8 (03:48):
Bill.
Speaker 3 (03:48):
All right, so I'm looking at the list of topics
that we may be covering today and probably will, and
one of them is kind of interesting, and that is
a question that says is giving pre owned stuff for holidays? Okay? Now,
pre own doesn't that mean used?
Speaker 8 (04:07):
It's just a generler way to say it.
Speaker 3 (04:09):
Bill, Ah, okay, like gently used. I've always wondered about
that that's used.
Speaker 8 (04:14):
That is true?
Speaker 3 (04:15):
Oh, gently owed?
Speaker 2 (04:16):
I'm sorry.
Speaker 9 (04:17):
Yeah.
Speaker 2 (04:17):
So you know, while I have no problem giving stuff that.
Speaker 3 (04:21):
I no longer use as a holiday gift, it's a
it was always looks askance at that, and you're saying,
is that that may be?
Speaker 2 (04:28):
Okay?
Speaker 10 (04:28):
Now, well, so there there was a new survey and
it turns out more people are kind of comfortable giving
used gifts than they were in previously, and this actually
appears to be kind of a schism along generational It's
like a generational divide. And so gen Zers, like four
and five gen Zers say yeah, I think given secondhand
(04:50):
presence is okay, But only one in three boomers think
that it's okay to give used gifts.
Speaker 8 (04:55):
So I think, I don't know gen Zers.
Speaker 10 (04:57):
I think they're used to buying stuff on eBay, Facebook, marketplace,
maybe maybe more used to doing that than their boomer
parents or something like that. And so there is just
kind of this generational value where we think about buying
you stuff and then in turn giving used gifts. So
I think it obviously depends on how beat up it is,
how thoughtful the gift is, Like are we because sometimes
(05:18):
like something vintage or it can be one of a
kind and that's that's technically used, right, And I like
the idea of being able to find somebody something that's
kind of like a diamond in the rough like that.
But so I guess I maybe lean more in the
gen Z direction, but you still have to be really
really thoughtful about the kind of gift you're giving, like
I'm trying to get rid of this from my house, you.
Speaker 3 (05:37):
Know, yeah, vintage clothing for example. Isn't that just another
way to define hand me downs?
Speaker 10 (05:43):
I mean it's in the eye of the beholder. One
person's trash is another person's treasure. So I think it's
really it really isn't the eye the beholder in that case?
Speaker 2 (05:51):
Yeah, it's now.
Speaker 3 (05:53):
I've always wondered if I received a used gift. Now, obviously,
if someone is handing me a role let that's been
previously owned, I'm going to feel very different. But you know,
it kinda says it a lot, you know, I mean
used underwear. I know that probably wouldn't work, Yes, no,
probably not no, But but I'm assuming based on you
(06:14):
know what you're saying, it is actually a thing where
people give you stuff.
Speaker 8 (06:19):
I think it's becoming more of a thing.
Speaker 10 (06:20):
But I was thinking about this the other day too,
like I'm considering having one hundred percent to sign it
on this getting my kids a Nintendo Switch. They're eleven,
nine and five, and I'm like, maybe maybe we're at
this point in.
Speaker 8 (06:31):
Time where they're ready for it. I know, the new one's.
Speaker 10 (06:34):
Supposed to come out in the spring and prices are
supposed to go down, and so I'm like kind of
hem and and hauling on this, and I was like, oh,
you know what, my their cousin could give them for Christmas?
What about some of his used games that he no
longer plays? So he's sixteen, he's a little bit older,
and with him having to go out there and buy
some sort of like fifty dollars Nintendo Switch game to
give to his cousins, what if he gives them two
(06:55):
or three games that he doesn't play anymore. Like that's
that's a used gift, but that's a way to gifts
something that they're going to really enjoy it. They don't
really care that he's played the game before and it's
not in the plastic wrap. So I think there are
ways to like think about giving used gifts and then
he doesn't have to go out there and actually like
spend a bunch of money on a gift for them either.
There's ways to do it, I think, without maybe doing
(07:16):
it in like a faux page kind of way.
Speaker 3 (07:19):
Regift is another one. The only thing that really works
in regifting are one hundred dollars bills. Those I kind
of like you know, someone gave it to me, I'll
give it to you. No one's going to complain about that.
Speaker 2 (07:31):
The rest of it.
Speaker 3 (07:32):
Yeah, I don't know although White Elephant gifts what you're taking? Yeah,
secret Santa stuff, Yeah, we don't do People still do
that at the office. Course they don't because they're not
at the office. But I've always I always cheated and
got my own name, so I didn't have to worry
about it. In terms of Secret Santa stuff, I.
Speaker 10 (07:51):
Always hold on to the weird things throughout the year
that I see or that I get, or maybe from
a previous White Elephant gift. And I'm all about regifting
those things, especially for a while Elephant gift, Like, I
do not want to go out there and spend twenty
bucks on something. And I really don't understand when people
buy things that that people actually love or want. I
like goofy stuff and say so White Elephant gifts. Isn't
it supposed to be off the wall stuff and not
(08:13):
just stuff that people like really and truly want.
Speaker 3 (08:16):
Yeah, I half eaten Hamburger. I'm okay with That's that works.
Something Joel, that we've been talking about four years and
the whole concept of shrink flation, and they don't. They
usually don't tell you that on the packages. What ends
up happening is you'll see new and improved on the
packages that you see all the time, and they don't
(08:39):
tend to what Trumpicana oors.
Speaker 2 (08:42):
You just had a big deal with shrinkflation.
Speaker 3 (08:45):
So has that slowed down at least or is that
just continuing galloping through our life that we're getting less
and less for more and more money.
Speaker 10 (08:54):
I think we're seeing less shrinkflation now because prices have
moderated and we're just not seeing quite the pinch from
retailers and from product manufacturers saying, oh my gosh, these
prices continue to escalate, so we have to do something.
We either have to shrink the packaging or we have
to raise the price. And either way you're tipping off
(09:14):
consumers like they don't necessarily love either one. Right, They
don't want instead of a dozen eggs, they don't want
ten for the same price. That's pretty frustrating. But they
also don't want you to keep it the same, to
keep it at twelve eggs and then raise the price
of those eggs. And so Tropicana recently just kind of
got kind of harangued on the Internet, and people are
(09:35):
actually stopping buying tropic cane orange juice because a reduction
of packaging size by six ounces. So people are like,
I think, what the last time I came on and
we talked about shrinkflation, I got some people gave me
some crap on Twitter because I've kind of always said
I don't mind shrinkflation. I think it's better than or
(09:55):
it can be better than just raising the price. Both
things are tough to stomach, but it's also the reality
we live in, and we as consumers have to pay attention.
And the truth is consumers are paying attention. So people
saw what the bottle shrinkage and Tropicana sales have plunged.
They're moving to other brands. And that's the great thing
is we have agency. We can make a different choice,
(10:16):
and instead of going with the name brand who just
shrunk the packaging or raise the price, we can make
a different decision.
Speaker 3 (10:24):
Do you think that the sales of Tropicana orange juice
dropping precipitously is because it's terrible?
Speaker 8 (10:33):
Well, I think one of the other things.
Speaker 10 (10:34):
I don't know how much Americans care about this, but
apparently the sugar content of orange juice is so incredibly high,
and people are maybe sort of thinking again about how
much sugar they're consuming, although I don't know how true
that is, because when you look at the stats, there's
like seventy five percent of Americans are obese, and I
don't know how much we're paying attention to our sugar intake.
Speaker 8 (10:52):
But maybe it's terrible. I don't know.
Speaker 10 (10:53):
It's been a long time since I've had Tropicana orange juice.
Speaker 2 (10:56):
It's terrible, is it?
Speaker 3 (10:58):
Oh?
Speaker 2 (10:58):
Yeah?
Speaker 8 (11:00):
Are there other brands that are better? Is this part
of the.
Speaker 3 (11:02):
Reason, I don't you know, or if it's not, if
it's not fresh fresh excuse me, fresh squeezed orange juice,
just you know, it just doesn't work.
Speaker 2 (11:11):
It's like you, it's like used food.
Speaker 3 (11:13):
You know, you don't want anybody else's used food. I mean,
you want it.
Speaker 8 (11:17):
The hell are you talking about? Why? Why is trump
cannat which is delicious?
Speaker 2 (11:23):
Why is it used?
Speaker 4 (11:25):
So?
Speaker 8 (11:25):
Are you making your orange juice by hand? Every mondy?
Speaker 3 (11:28):
No, you can go to the store and get fresh
orange juice, but it costs just buckets of money.
Speaker 11 (11:32):
But if you're you're making your you're making your butter too. Wow,
you canna squeeze your fresh orange juice. You know, you
buy the Valencia oranges and you squeeze it orange.
Speaker 3 (11:44):
Yeah, they have a little squeeze anyway.
Speaker 2 (11:46):
I just don't like trumpic Kano, that's all.
Speaker 8 (11:48):
Okay, nobody else does either, right.
Speaker 3 (11:50):
Yeah, clearly that's true. But you know that's really started.
I started noticing it with with candy bars. Man, It
just they were just dropping ounce by ounce. And if
you look at a candy bar for well not even
the same price. I mean, I'm used to the days
wh I was very very young when candy bars were
(12:10):
like a diamond piece. Now they're dollars seventy nine for
a smaller bar than then. But that was a lot
of years ago. But it's the size of these bars
now are ridiculous to compare to what they were ten
years ago, fifteen years ago.
Speaker 10 (12:26):
Yeah, And I think I think people don't want to
be told, hey, you need to pay attention when you're
at the supermarket and you need to watch out for
these shrinking packaging sizes. But the same thing has happened
in almost everything. You're right, candy bars, ice cream, orange juice,
whatever it is, like, package sizes shrink over time, and
we have to pay attention on all those tags when
(12:46):
you're going through the grocery store, when you're at Costco
or something like that, there's like the price per unit
or price per Yeah.
Speaker 2 (12:52):
I always pay attention to that.
Speaker 10 (12:54):
Yeah, And that's really how we make an informed decision.
And then and we can always again say either I'm
not going to get orange juice, I'm gonna go for
Apple juice, or we can say I'm not going to
go for Tropicicana, I'm gonna go for a different brand
or the store brand.
Speaker 8 (13:05):
And truly going with the store brand is how we
save the most.
Speaker 2 (13:08):
All right, that makes sense.
Speaker 3 (13:09):
We're going to Costco and buying everything by the you know,
fifty five gallon you know drum, which works out. It's
one way to save yoho. Yeah, what Neil, you you shop?
What is that eighteen eggs and go? Oh they have
the package at Costco. I think they're sixty eggs in
that container thing that the eight container at Costco.
Speaker 8 (13:31):
Yes, they have Matt sing with Spartan fights.
Speaker 10 (13:33):
I mean I usually get the eighteen one, but I
know they got the twenty four and the sixty.
Speaker 3 (13:37):
Yeah, if I.
Speaker 8 (13:38):
Had if I had more kids, we'd probably get the sixty.
Well wait ten minutes.
Speaker 11 (13:42):
By the way, you guys produce kids, you should have
another one any minute now.
Speaker 3 (13:46):
Yeah, you've got three already, three kiddo's Yeah.
Speaker 8 (13:50):
Wow, why mean, I mean, that's a good question. I
asked myself that sometimes it's a.
Speaker 2 (13:55):
Very good question.
Speaker 3 (13:57):
And by the way, how the oldest is how how eleven? Yeah,
it gets worse after that that and you just hit
the high point. How about the other two, nine and five? Yeah,
it's worse there too. Yeah, we'll just talk to me
from here. Yeah, talk to me for in a few years.
All right, Joel, thank you. It's this Sunday, twelve to
two pm. Greatly appreciate. We'll talk again next week.
Speaker 2 (14:20):
There is a story and I've always.
Speaker 3 (14:22):
Been fascinated, fascinated about this out of Palm Springs, and
this has to do with reparations. The deal has been
cut with the city of Palm Springs and there were
former residents, either specifically former residents or progeny descendants of
former residents of a place called Section fourteen in the
(14:45):
City of Palm Springs. Mainly Black and Latino families live there,
and it was raised in the nineteen sixties destroyed to
make room for commercial development.
Speaker 2 (14:57):
The city has offered six million dollars.
Speaker 3 (15:00):
And to another twenty one million dollars towards housing, economic development,
small business programs.
Speaker 2 (15:06):
And this is going to be voted on and it
looks like it's going to pass.
Speaker 3 (15:09):
So Palm Springs, assuming this the city council goes for,
this is going to be one of the few cities
in the country to have reached the deal on reparations. Evanston, Illinois,
three years ago became the first one and they gave
housing grants. Also, New York City is looking at a Tulsa, Oklahoma.
If man, you look at what happened in Tulsa, Oklahoma
(15:31):
nineteen twenty three, good God, the whole city, the black
area burned up to a just destroyed. Those two cities
are creating commissions. So here's what happened. African Americans Mexicans
built and rented homes on leased land in Section fourteen,
about a square mile track near downtown. The land was
(15:53):
owned by the Agua Caliente band of Kuahila Indians.
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percent or higher yield with a bond account at public
dot com. That's a pretty big deal because when rates drop,
so can the interest you earn on your cash. A
bond account allows you to lock in a six percent
or higher yield with a diversified portfolio of high yield
(16:53):
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watching their return shrink, you can sit back with regular
interest payments. But you might want to act fast because
your yield is not locked in until you invest The
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sign up at public dot com. Lock in a six
percent or higher yield with a bond account only at
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Speaker 3 (19:31):
This was almost the only place that blacks and Mexican's
Hispanics could live because there were so many discriminatory housing restrictions.
Then there was a change in federal law that allowed
the Indians to lease the land for ninety nine years,
which means all of a sudden, developers are interested because
a ninety nine year year lease basically makes it yours,
(19:54):
and all of a sudden, there are virtually no restrictions.
So they came in and bought it up, and the
city was part of that. From nineteen sixty five to
sixty seven, there were two hundred and thirty five homes
that were demolished and were burnt by the city fire department.
And so then investigation in nineteen sixty eight concluded the
(20:17):
city has shown civil disregard. That's a quote for the
rights of minority residents. Now, no evidence of crime. It
was just straight out discrimination. Now, some residents said that
they were evicted with little or no notice.
Speaker 2 (20:33):
That's sort of up in the air.
Speaker 3 (20:35):
But the actual burning down, the evictions or asking to leave,
that's right there. So sorry about that. A group called
the Palm Springs Section fourteen survivors has asked the city
to pay for the loss of their homes and personal
property and damages for racial trauma. In twenty twenty one,
(20:58):
the city apologized for what happened. Now we're talking money now,
as you can imagine when you're looking at the world
of reparations, there are some Palms Springers don't want to
pay at all, saying the tribe had the right to develop,
this is their land and the city can't be responsible
for that, even though the city fire department brought some
(21:19):
of the homes, and the city shouldn't be held responsible
for something that happened fifty years ago. All right, Well,
therein lies the question, and that is the whole question
of reparations. And we've seen that in terms of the
descendants of slaves. Now, have reparations been paid, You bet
they had the federal government. Our government has paid reparations
(21:42):
to descendants, not even descendants. I'm the victims of the
internment camps, the Japanese Americans that were interred during World
War Two, But the rest reparations were paid specifically to
them if they were in the camps, not to their
kids unless the kids were there, not to grandkids, not
to descendants. Unlike the argument that reparation should be paid
(22:05):
to anybody who is black and can trace their lineage
back to a slave, some ancestor being a slave, which
is a very different animal. Now the other reparations and
my dad was involved in this, or try to be
involved in this. The German government paid reparations to Jews
(22:27):
and others who were victims of the Nazi regime, but
only as to the victims who were either within Germany
or the government of Germany took over the land and
did establish a government.
Speaker 2 (22:43):
My dad, being from Yugoslavia, a Holocaust survivor.
Speaker 3 (22:47):
Couldn't even apply for reparations because where he lived the
Nazi set up a puppet government considered another government, and
so he and qualify. So it is really tricky dealing
with reparations.
Speaker 2 (23:06):
So here I can see that.
Speaker 3 (23:09):
People who were directly affected, I can understand that, But
how far do reparations go? So this is we're talking
three hundred people here, and even though PAULM. Springs is
not a big city, this one's going to fly and
the issue of reparations is simply going to keep on
and going up and up, and by the way, there
(23:30):
are people. And when we talk our reparations, we're not
talking about money. Although the German government wrote a check
I mean every month to survivors of the Holocaust and
victims of what they did. The government wrote a check
to them, and not a small amount. I think my
great uncle also survived, one of the very few relatives
(23:52):
that survived in Europe of my family, and I think
he was getting one thousand dollars a month from the
German government for years. And of course he died. And
people are dying. Very few people are survivors. But reparations
are part of our life. Now. Is there money going
to be paid for descendants of slaves? No, that's never
(24:15):
going to happen. Is there going to be Are there
going to be some programs attached federal grants, housing grants? Well,
there already are actually, you know, for minorities. How far
do we take it? You know, Barack Obama, for example,
if his great great great great grandfather was a slave,
(24:35):
which I don't think so, because his dad was Kenyon
and his mom was white, so that didn't happen. But
let's say someone who is a very highly placed individual
makes a hell of a living. Are they eligible? Is
it means tested? No one knows that this place at
this time. This one gets fairly easy. Palm Springs Section fourteen,
(24:56):
three hundred people, houses destroyed, city burns them down. That's
not a hard one to figure out. Beyond this, it
gets pretty difficult. We're gonna hear a lot more about reparations.
That issue is not going to go away, all right,
mo Kelly heard Monday till Friday, seven to ten pm.
Speaker 2 (25:16):
No, good morning, Good morning, Bill.
Speaker 8 (25:17):
It's always good to talk to you.
Speaker 3 (25:19):
Yeah, we got one minute, so how you doing? Then
I'm going to hang up on you. No, we have
a couple more minutes. I'm sorry, we're running late on everything.
This morning, Amy reported Gladiator two and Wicked are coming out.
She said, Wicked Gladiator two is going to be one
hundred million dollars opening, and Wicked and the sixty million.
Speaker 2 (25:38):
How do you know? How can I tell you?
Speaker 9 (25:41):
Well, because of this thing called technology, people are buying
their tickets in advance on apps like fandango and at
the box office, and they get a general sense from
movie theaters just about how many tickets are going to
be sold, and then they can estimate from there, but
it doesn't necessarily take into account the people who will
walk up and buy tickets at the last moment. What
(26:02):
I find really interesting about this is that Gladiator too
is another example of a legacy sequel, and it goes
against the grade as far as the belief that people
are tired of sequels.
Speaker 8 (26:14):
No, they just want the right sequels.
Speaker 3 (26:16):
Hey, is there any way to tell you when the
box office is that we're getting some kind of anticipated
box office. Do any of these pundits actually go see
the movie and say, this actually is a good movie,
which means it's going to earn a lot more money
because of word of mouth or ah, and it's not
(26:36):
going to do well. Is that in the formula at all?
Speaker 2 (26:40):
Absolutely?
Speaker 9 (26:41):
Oftentimes you can tell whether a movie is going to
do well or not do well is whether critics have
been embargoed and not allowed to release their review of
a movie prior to it hitting theaters, which usually portends
that it's a bad movie and they don't want to
kill the first week box office. But if you're getting
reviews coming out early has been the case with Gladiator two,
(27:02):
that means the critics love it and they want everyone
to go see it and that will give the movie
a bump.
Speaker 3 (27:07):
Yeah, Gladiator one was tremendous with Russell Kroge. I loved it.
Just a good, good movie.
Speaker 2 (27:14):
All right, Mo.
Speaker 3 (27:15):
I wish we had more time, and I apologize, but
you'll hear Mo tonight seven to ten pm as he
is on every night later with Mo Kelly Mo.
Speaker 2 (27:24):
We'll talk again next week.
Speaker 8 (27:25):
Hope to see you soon, sir.
Speaker 2 (27:27):
Yes, you got it. All right, that's it, guys, we're done.
Speaker 3 (27:30):
Just a quick word that I am taking phone calls
for handle on the law off the air, marginal legal advice.
And if you miss coming in on Saturdays eight to
eleven when I'm on, sometimes we're jammed.
Speaker 8 (27:43):
For a couple of hours.
Speaker 3 (27:44):
You can't get in today easy eight seven seven five
two zero eleven fifty.
Speaker 2 (27:49):
And because there are no breaks, there are no commercial there's.
Speaker 3 (27:52):
No weather, there's no traffic, as you can imagine, and
I have no patience. Put all that together and I
go through these phone calls very very quickly and seven
five two zero eleven fifty off the air, okay once again.
Tomorrow morning it's wake up call with Amy five to six,
and then Neil and I join aboard and we do
this show right up until right about now. And of
(28:14):
course a small thank you to Cono and to Ann
and Kno is always pointing to himself just in case
I miss it.
Speaker 2 (28:24):
Now Cono, I can see you.
Speaker 8 (28:25):
Thank you, thank you.
Speaker 2 (28:26):
No, you're welcome. You're welcome, You're welcome, all right. Phone
calls coming right up.
Speaker 3 (28:30):
Eight seven seven five two zero eleven fifty KFI AM.
Speaker 2 (28:33):
Six forty Live everywhere on the iHeartRadio app. You've been
listening to the Bill Handle Show.
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to bill Handle on demand from KFI AM six forty.
Speaker 3 (02:37):
KFI bill Handle here. It is a Thursday morning on
November twenty one. Some of the stories we are looking at.
The US has vetoed a UN Security Council resolution calling
for quote an immediate, unconditional, permanen cease firing Gazack.
Speaker 2 (02:54):
Why would the.
Speaker 3 (02:54):
US veto that because it didn't include a word about
the hostages that are being held by Hamas, and it
doesn't decry CAMAS as a terrorist organization that somehow it's
only Israel it's at fault, and that's typical of the UN.
And then Republicans on the House Ethics Committee voted not
(03:16):
to release the information on the investigation of Matt Gates
because he resigned very quickly, I might add, once he
was selected as the nominee for Attorney General. And the
Republicans aren't letting any negative information come out, even if
the Senate wants it.
Speaker 2 (03:36):
So there's a lot going on.
Speaker 3 (03:37):
In the meantime. It's Thursday, and let's move right into
Joel Larsguard How to Money, Sundays, twelve to two pm
at How to Money, Joel Social Address, Kim Morning, Joel Morning.
Speaker 8 (03:48):
Bill.
Speaker 3 (03:48):
All right, so I'm looking at the list of topics
that we may be covering today and probably will, and
one of them is kind of interesting, and that is
a question that says is giving pre owned stuff for holidays? Okay? Now,
pre own doesn't that mean used?
Speaker 8 (04:07):
It's just a generler way to say it.
Speaker 3 (04:09):
Bill, Ah, okay, like gently used. I've always wondered about
that that's used.
Speaker 8 (04:14):
That is true?
Speaker 3 (04:15):
Oh, gently owed?
Speaker 2 (04:16):
I'm sorry.
Speaker 9 (04:17):
Yeah.
Speaker 2 (04:17):
So you know, while I have no problem giving stuff that.
Speaker 3 (04:21):
I no longer use as a holiday gift, it's a
it was always looks askance at that, and you're saying,
is that that may be?
Speaker 2 (04:28):
Okay?
Speaker 10 (04:28):
Now, well, so there there was a new survey and
it turns out more people are kind of comfortable giving
used gifts than they were in previously, and this actually
appears to be kind of a schism along generational It's
like a generational divide. And so gen Zers, like four
and five gen Zers say yeah, I think given secondhand
(04:50):
presence is okay, But only one in three boomers think
that it's okay to give used gifts.
Speaker 8 (04:55):
So I think, I don't know gen Zers.
Speaker 10 (04:57):
I think they're used to buying stuff on eBay, Facebook, marketplace,
maybe maybe more used to doing that than their boomer
parents or something like that. And so there is just
kind of this generational value where we think about buying
you stuff and then in turn giving used gifts. So
I think it obviously depends on how beat up it is,
how thoughtful the gift is, Like are we because sometimes
(05:18):
like something vintage or it can be one of a
kind and that's that's technically used, right, And I like
the idea of being able to find somebody something that's
kind of like a diamond in the rough like that.
But so I guess I maybe lean more in the
gen Z direction, but you still have to be really
really thoughtful about the kind of gift you're giving, like
I'm trying to get rid of this from my house, you.
Speaker 3 (05:37):
Know, yeah, vintage clothing for example. Isn't that just another
way to define hand me downs?
Speaker 10 (05:43):
I mean it's in the eye of the beholder. One
person's trash is another person's treasure. So I think it's
really it really isn't the eye the beholder in that case?
Speaker 2 (05:51):
Yeah, it's now.
Speaker 3 (05:53):
I've always wondered if I received a used gift. Now, obviously,
if someone is handing me a role let that's been
previously owned, I'm going to feel very different. But you know,
it kinda says it a lot, you know, I mean
used underwear. I know that probably wouldn't work, Yes, no,
probably not no, But but I'm assuming based on you
(06:14):
know what you're saying, it is actually a thing where
people give you stuff.
Speaker 8 (06:19):
I think it's becoming more of a thing.
Speaker 10 (06:20):
But I was thinking about this the other day too,
like I'm considering having one hundred percent to sign it
on this getting my kids a Nintendo Switch. They're eleven,
nine and five, and I'm like, maybe maybe we're at
this point in.
Speaker 8 (06:31):
Time where they're ready for it. I know, the new one's.
Speaker 10 (06:34):
Supposed to come out in the spring and prices are
supposed to go down, and so I'm like kind of
hem and and hauling on this, and I was like, oh,
you know what, my their cousin could give them for Christmas?
What about some of his used games that he no
longer plays? So he's sixteen, he's a little bit older,
and with him having to go out there and buy
some sort of like fifty dollars Nintendo Switch game to
give to his cousins, what if he gives them two
(06:55):
or three games that he doesn't play anymore. Like that's
that's a used gift, but that's a way to gifts
something that they're going to really enjoy it. They don't
really care that he's played the game before and it's
not in the plastic wrap. So I think there are
ways to like think about giving used gifts and then
he doesn't have to go out there and actually like
spend a bunch of money on a gift for them either.
There's ways to do it, I think, without maybe doing
(07:16):
it in like a faux page kind of way.
Speaker 3 (07:19):
Regift is another one. The only thing that really works
in regifting are one hundred dollars bills. Those I kind
of like you know, someone gave it to me, I'll
give it to you. No one's going to complain about that.
Speaker 2 (07:31):
The rest of it.
Speaker 3 (07:32):
Yeah, I don't know although White Elephant gifts what you're taking? Yeah,
secret Santa stuff, Yeah, we don't do People still do
that at the office. Course they don't because they're not
at the office. But I've always I always cheated and
got my own name, so I didn't have to worry
about it. In terms of Secret Santa stuff, I.
Speaker 10 (07:51):
Always hold on to the weird things throughout the year
that I see or that I get, or maybe from
a previous White Elephant gift. And I'm all about regifting
those things, especially for a while Elephant gift, Like, I
do not want to go out there and spend twenty
bucks on something. And I really don't understand when people
buy things that that people actually love or want. I
like goofy stuff and say so White Elephant gifts. Isn't
it supposed to be off the wall stuff and not
(08:13):
just stuff that people like really and truly want.
Speaker 3 (08:16):
Yeah, I half eaten Hamburger. I'm okay with That's that works.
Something Joel, that we've been talking about four years and
the whole concept of shrink flation, and they don't. They
usually don't tell you that on the packages. What ends
up happening is you'll see new and improved on the
packages that you see all the time, and they don't
(08:39):
tend to what Trumpicana oors.
Speaker 2 (08:42):
You just had a big deal with shrinkflation.
Speaker 3 (08:45):
So has that slowed down at least or is that
just continuing galloping through our life that we're getting less
and less for more and more money.
Speaker 10 (08:54):
I think we're seeing less shrinkflation now because prices have
moderated and we're just not seeing quite the pinch from
retailers and from product manufacturers saying, oh my gosh, these
prices continue to escalate, so we have to do something.
We either have to shrink the packaging or we have
to raise the price. And either way you're tipping off
(09:14):
consumers like they don't necessarily love either one. Right, They
don't want instead of a dozen eggs, they don't want
ten for the same price. That's pretty frustrating. But they
also don't want you to keep it the same, to
keep it at twelve eggs and then raise the price
of those eggs. And so Tropicana recently just kind of
got kind of harangued on the Internet, and people are
(09:35):
actually stopping buying tropic cane orange juice because a reduction
of packaging size by six ounces. So people are like,
I think, what the last time I came on and
we talked about shrinkflation, I got some people gave me
some crap on Twitter because I've kind of always said
I don't mind shrinkflation. I think it's better than or
(09:55):
it can be better than just raising the price. Both
things are tough to stomach, but it's also the reality
we live in, and we as consumers have to pay attention.
And the truth is consumers are paying attention. So people
saw what the bottle shrinkage and Tropicana sales have plunged.
They're moving to other brands. And that's the great thing
is we have agency. We can make a different choice,
(10:16):
and instead of going with the name brand who just
shrunk the packaging or raise the price, we can make
a different decision.
Speaker 3 (10:24):
Do you think that the sales of Tropicana orange juice
dropping precipitously is because it's terrible?
Speaker 8 (10:33):
Well, I think one of the other things.
Speaker 10 (10:34):
I don't know how much Americans care about this, but
apparently the sugar content of orange juice is so incredibly high,
and people are maybe sort of thinking again about how
much sugar they're consuming, although I don't know how true
that is, because when you look at the stats, there's
like seventy five percent of Americans are obese, and I
don't know how much we're paying attention to our sugar intake.
Speaker 8 (10:52):
But maybe it's terrible. I don't know.
Speaker 10 (10:53):
It's been a long time since I've had Tropicana orange juice.
Speaker 2 (10:56):
It's terrible, is it?
Speaker 3 (10:58):
Oh?
Speaker 2 (10:58):
Yeah?
Speaker 8 (11:00):
Are there other brands that are better? Is this part
of the.
Speaker 3 (11:02):
Reason, I don't you know, or if it's not, if
it's not fresh fresh excuse me, fresh squeezed orange juice,
just you know, it just doesn't work.
Speaker 2 (11:11):
It's like you, it's like used food.
Speaker 3 (11:13):
You know, you don't want anybody else's used food. I mean,
you want it.
Speaker 8 (11:17):
The hell are you talking about? Why? Why is trump
cannat which is delicious?
Speaker 2 (11:23):
Why is it used?
Speaker 4 (11:25):
So?
Speaker 8 (11:25):
Are you making your orange juice by hand? Every mondy?
Speaker 3 (11:28):
No, you can go to the store and get fresh
orange juice, but it costs just buckets of money.
Speaker 11 (11:32):
But if you're you're making your you're making your butter too. Wow,
you canna squeeze your fresh orange juice. You know, you
buy the Valencia oranges and you squeeze it orange.
Speaker 3 (11:44):
Yeah, they have a little squeeze anyway.
Speaker 2 (11:46):
I just don't like trumpic Kano, that's all.
Speaker 8 (11:48):
Okay, nobody else does either, right.
Speaker 3 (11:50):
Yeah, clearly that's true. But you know that's really started.
I started noticing it with with candy bars. Man, It
just they were just dropping ounce by ounce. And if
you look at a candy bar for well not even
the same price. I mean, I'm used to the days
wh I was very very young when candy bars were
(12:10):
like a diamond piece. Now they're dollars seventy nine for
a smaller bar than then. But that was a lot
of years ago. But it's the size of these bars
now are ridiculous to compare to what they were ten
years ago, fifteen years ago.
Speaker 10 (12:26):
Yeah, And I think I think people don't want to
be told, hey, you need to pay attention when you're
at the supermarket and you need to watch out for
these shrinking packaging sizes. But the same thing has happened
in almost everything. You're right, candy bars, ice cream, orange juice,
whatever it is, like, package sizes shrink over time, and
we have to pay attention on all those tags when
(12:46):
you're going through the grocery store, when you're at Costco
or something like that, there's like the price per unit
or price per Yeah.
Speaker 2 (12:52):
I always pay attention to that.
Speaker 10 (12:54):
Yeah, And that's really how we make an informed decision.
And then and we can always again say either I'm
not going to get orange juice, I'm gonna go for
Apple juice, or we can say I'm not going to
go for Tropicicana, I'm gonna go for a different brand
or the store brand.
Speaker 8 (13:05):
And truly going with the store brand is how we
save the most.
Speaker 2 (13:08):
All right, that makes sense.
Speaker 3 (13:09):
We're going to Costco and buying everything by the you know,
fifty five gallon you know drum, which works out. It's
one way to save yoho. Yeah, what Neil, you you shop?
What is that eighteen eggs and go? Oh they have
the package at Costco. I think they're sixty eggs in
that container thing that the eight container at Costco.
Speaker 8 (13:31):
Yes, they have Matt sing with Spartan fights.
Speaker 10 (13:33):
I mean I usually get the eighteen one, but I
know they got the twenty four and the sixty.
Speaker 3 (13:37):
Yeah, if I.
Speaker 8 (13:38):
Had if I had more kids, we'd probably get the sixty.
Well wait ten minutes.
Speaker 11 (13:42):
By the way, you guys produce kids, you should have
another one any minute now.
Speaker 3 (13:46):
Yeah, you've got three already, three kiddo's Yeah.
Speaker 8 (13:50):
Wow, why mean, I mean, that's a good question. I
asked myself that sometimes it's a.
Speaker 2 (13:55):
Very good question.
Speaker 3 (13:57):
And by the way, how the oldest is how how eleven? Yeah,
it gets worse after that that and you just hit
the high point. How about the other two, nine and five? Yeah,
it's worse there too. Yeah, we'll just talk to me
from here. Yeah, talk to me for in a few years.
All right, Joel, thank you. It's this Sunday, twelve to
two pm. Greatly appreciate. We'll talk again next week.
Speaker 2 (14:20):
There is a story and I've always.
Speaker 3 (14:22):
Been fascinated, fascinated about this out of Palm Springs, and
this has to do with reparations. The deal has been
cut with the city of Palm Springs and there were
former residents, either specifically former residents or progeny descendants of
former residents of a place called Section fourteen in the
(14:45):
City of Palm Springs. Mainly Black and Latino families live there,
and it was raised in the nineteen sixties destroyed to
make room for commercial development.
Speaker 2 (14:57):
The city has offered six million dollars.
Speaker 3 (15:00):
And to another twenty one million dollars towards housing, economic development,
small business programs.
Speaker 2 (15:06):
And this is going to be voted on and it
looks like it's going to pass.
Speaker 3 (15:09):
So Palm Springs, assuming this the city council goes for,
this is going to be one of the few cities
in the country to have reached the deal on reparations. Evanston, Illinois,
three years ago became the first one and they gave
housing grants. Also, New York City is looking at a Tulsa, Oklahoma.
If man, you look at what happened in Tulsa, Oklahoma
(15:31):
nineteen twenty three, good God, the whole city, the black
area burned up to a just destroyed. Those two cities
are creating commissions. So here's what happened. African Americans Mexicans
built and rented homes on leased land in Section fourteen,
about a square mile track near downtown. The land was
(15:53):
owned by the Agua Caliente band of Kuahila Indians.
Speaker 1 (15:59):
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Interest rates are falling, but as of September twenty third,
twenty twenty four, you can still lock in a six
percent or higher yield with a bond account at public
dot com. That's a pretty big deal because when rates drop,
so can the interest you earn on your cash. A
bond account allows you to lock in a six percent
or higher yield with a diversified portfolio of high yield
(16:53):
and investment grade corporate bonds. So while other people are
watching their return shrink, you can sit back with regular
interest payments. But you might want to act fast because
your yield is not locked in until you invest The
good news it only takes a couple of minutes to
sign up at public dot com. Lock in a six
percent or higher yield with a bond account only at
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Speaker 7 (17:31):
Black Friday is coming And for the adults in your
life who love the coolest toys, well.
Speaker 2 (17:36):
There's something for them this year too.
Speaker 7 (17:38):
Bartisian is the premiere craft cocktail maker that automatically makes
more than sixty seasonal and classic cocktails each and out
of thirty seconds at the push of a button. And
right now, Batisian is having a huge sight wide sale.
You can get one hundred dollars off any cocktail maker
or cocktail maker bundle when you spend four hundred dollars
or more. So, if the cocktail lover in your life
(18:00):
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Speaker 12 (18:31):
What's up, everybody?
Speaker 2 (18:33):
My name is Sammy John.
Speaker 12 (18:35):
Tune in every weekday morning at nine am Pacific Standard
time and hear my show called The Bridge. And what
I do every weekday morning is I bring you the
best of South Asian music and culture from around the world,
and that includes some of the most exclusive access to
the South Asian music industry. I'll bring you world premieres
(18:56):
and I'll bring you exclusive interviews only on Lukis Avenue Radio.
Speaker 4 (19:01):
If you put aside twenty five cents every week for
a year, what could you get at the end A
few cups of coffee, maybe a candle, or you could
get a year of the best reporting from all over
the world. Go to Washingtonpost dot com slash BF twenty
four right now. You'll get a Washington Post subscription for
twenty five cents a week for your first year. This
(19:23):
is a Black Friday sale, so it won't last long
Washingtonpost dot Com slash BF twenty four.
Speaker 3 (19:31):
This was almost the only place that blacks and Mexican's
Hispanics could live because there were so many discriminatory housing restrictions.
Then there was a change in federal law that allowed
the Indians to lease the land for ninety nine years,
which means all of a sudden, developers are interested because
a ninety nine year year lease basically makes it yours,
(19:54):
and all of a sudden, there are virtually no restrictions.
So they came in and bought it up, and the
city was part of that. From nineteen sixty five to
sixty seven, there were two hundred and thirty five homes
that were demolished and were burnt by the city fire department.
And so then investigation in nineteen sixty eight concluded the
(20:17):
city has shown civil disregard. That's a quote for the
rights of minority residents. Now, no evidence of crime. It
was just straight out discrimination. Now, some residents said that
they were evicted with little or no notice.
Speaker 2 (20:33):
That's sort of up in the air.
Speaker 3 (20:35):
But the actual burning down, the evictions or asking to leave,
that's right there. So sorry about that. A group called
the Palm Springs Section fourteen survivors has asked the city
to pay for the loss of their homes and personal
property and damages for racial trauma. In twenty twenty one,
(20:58):
the city apologized for what happened. Now we're talking money now,
as you can imagine when you're looking at the world
of reparations, there are some Palms Springers don't want to
pay at all, saying the tribe had the right to develop,
this is their land and the city can't be responsible
for that, even though the city fire department brought some
(21:19):
of the homes, and the city shouldn't be held responsible
for something that happened fifty years ago. All right, Well,
therein lies the question, and that is the whole question
of reparations. And we've seen that in terms of the
descendants of slaves. Now, have reparations been paid, You bet
they had the federal government. Our government has paid reparations
(21:42):
to descendants, not even descendants. I'm the victims of the
internment camps, the Japanese Americans that were interred during World
War Two, But the rest reparations were paid specifically to
them if they were in the camps, not to their
kids unless the kids were there, not to grandkids, not
to descendants. Unlike the argument that reparation should be paid
(22:05):
to anybody who is black and can trace their lineage
back to a slave, some ancestor being a slave, which
is a very different animal. Now the other reparations and
my dad was involved in this, or try to be
involved in this. The German government paid reparations to Jews
(22:27):
and others who were victims of the Nazi regime, but
only as to the victims who were either within Germany
or the government of Germany took over the land and
did establish a government.
Speaker 2 (22:43):
My dad, being from Yugoslavia, a Holocaust survivor.
Speaker 3 (22:47):
Couldn't even apply for reparations because where he lived the
Nazi set up a puppet government considered another government, and
so he and qualify. So it is really tricky dealing
with reparations.
Speaker 2 (23:06):
So here I can see that.
Speaker 3 (23:09):
People who were directly affected, I can understand that, But
how far do reparations go? So this is we're talking
three hundred people here, and even though PAULM. Springs is
not a big city, this one's going to fly and
the issue of reparations is simply going to keep on
and going up and up, and by the way, there
(23:30):
are people. And when we talk our reparations, we're not
talking about money. Although the German government wrote a check
I mean every month to survivors of the Holocaust and
victims of what they did. The government wrote a check
to them, and not a small amount. I think my
great uncle also survived, one of the very few relatives
(23:52):
that survived in Europe of my family, and I think
he was getting one thousand dollars a month from the
German government for years. And of course he died. And
people are dying. Very few people are survivors. But reparations
are part of our life. Now. Is there money going
to be paid for descendants of slaves? No, that's never
(24:15):
going to happen. Is there going to be Are there
going to be some programs attached federal grants, housing grants? Well,
there already are actually, you know, for minorities. How far
do we take it? You know, Barack Obama, for example,
if his great great great great grandfather was a slave,
(24:35):
which I don't think so, because his dad was Kenyon
and his mom was white, so that didn't happen. But
let's say someone who is a very highly placed individual
makes a hell of a living. Are they eligible? Is
it means tested? No one knows that this place at
this time. This one gets fairly easy. Palm Springs Section fourteen,
(24:56):
three hundred people, houses destroyed, city burns them down. That's
not a hard one to figure out. Beyond this, it
gets pretty difficult. We're gonna hear a lot more about reparations.
That issue is not going to go away, all right,
mo Kelly heard Monday till Friday, seven to ten pm.
Speaker 2 (25:16):
No, good morning, Good morning, Bill.
Speaker 8 (25:17):
It's always good to talk to you.
Speaker 3 (25:19):
Yeah, we got one minute, so how you doing? Then
I'm going to hang up on you. No, we have
a couple more minutes. I'm sorry, we're running late on everything.
This morning, Amy reported Gladiator two and Wicked are coming out.
She said, Wicked Gladiator two is going to be one
hundred million dollars opening, and Wicked and the sixty million.
Speaker 2 (25:38):
How do you know? How can I tell you?
Speaker 9 (25:41):
Well, because of this thing called technology, people are buying
their tickets in advance on apps like fandango and at
the box office, and they get a general sense from
movie theaters just about how many tickets are going to
be sold, and then they can estimate from there, but
it doesn't necessarily take into account the people who will
walk up and buy tickets at the last moment. What
(26:02):
I find really interesting about this is that Gladiator too
is another example of a legacy sequel, and it goes
against the grade as far as the belief that people
are tired of sequels.
Speaker 8 (26:14):
No, they just want the right sequels.
Speaker 3 (26:16):
Hey, is there any way to tell you when the
box office is that we're getting some kind of anticipated
box office. Do any of these pundits actually go see
the movie and say, this actually is a good movie,
which means it's going to earn a lot more money
because of word of mouth or ah, and it's not
(26:36):
going to do well. Is that in the formula at all?
Speaker 2 (26:40):
Absolutely?
Speaker 9 (26:41):
Oftentimes you can tell whether a movie is going to
do well or not do well is whether critics have
been embargoed and not allowed to release their review of
a movie prior to it hitting theaters, which usually portends
that it's a bad movie and they don't want to
kill the first week box office. But if you're getting
reviews coming out early has been the case with Gladiator two,
(27:02):
that means the critics love it and they want everyone
to go see it and that will give the movie
a bump.
Speaker 3 (27:07):
Yeah, Gladiator one was tremendous with Russell Kroge. I loved it.
Just a good, good movie.
Speaker 2 (27:14):
All right, Mo.
Speaker 3 (27:15):
I wish we had more time, and I apologize, but
you'll hear Mo tonight seven to ten pm as he
is on every night later with Mo Kelly Mo.
Speaker 2 (27:24):
We'll talk again next week.
Speaker 8 (27:25):
Hope to see you soon, sir.
Speaker 2 (27:27):
Yes, you got it. All right, that's it, guys, we're done.
Speaker 3 (27:30):
Just a quick word that I am taking phone calls
for handle on the law off the air, marginal legal advice.
And if you miss coming in on Saturdays eight to
eleven when I'm on, sometimes we're jammed.
Speaker 8 (27:43):
For a couple of hours.
Speaker 3 (27:44):
You can't get in today easy eight seven seven five
two zero eleven fifty.
Speaker 2 (27:49):
And because there are no breaks, there are no commercial there's.
Speaker 3 (27:52):
No weather, there's no traffic, as you can imagine, and
I have no patience. Put all that together and I
go through these phone calls very very quickly and seven
five two zero eleven fifty off the air, okay once again.
Tomorrow morning it's wake up call with Amy five to six,
and then Neil and I join aboard and we do
this show right up until right about now. And of
(28:14):
course a small thank you to Cono and to Ann
and Kno is always pointing to himself just in case
I miss it.
Speaker 2 (28:24):
Now Cono, I can see you.
Speaker 8 (28:25):
Thank you, thank you.
Speaker 2 (28:26):
No, you're welcome. You're welcome, You're welcome, all right. Phone
calls coming right up.
Speaker 3 (28:30):
Eight seven seven five two zero eleven fifty KFI AM.
Speaker 2 (28:33):
Six forty Live everywhere on the iHeartRadio app. You've been
listening to the Bill Handle Show.
Speaker 3 (28:38):
Catch my show Monday through Friday, six am to nine am,
and anytime on demand on the iHeartRadio app.
Speaker 5 (28:47):
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Speaker 6 (29:18):
Listen up, folks. Time could be running out to lock
in a historic yield. At public dot com. As of
September twenty third, twenty twenty four, you can lock in
a six percent or higher yield with a bond account.
But here's the thing.
Speaker 3 (29:30):
The Federal Reserve just.
Speaker 6 (29:31):
Announced a big rate cut, and the plan is for
more rate cuts this year and in twenty twenty five
as well. That's good news if you're looking to buy
a home, but it might not be so good for
the interest you earn on your cash. So if you
want to lock in a six percent or higher yield
with a diversified portfolio of high yield and investment grade bonds,
you might want to act fast. The good news it
(29:52):
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public dot com, and once you lock in your yield,
you can earn regular interest payments even as rates to
line lock in a six percent or higher yield but
the bond account at public dot com, but hurry, Your
yield is not locked in until you invest. Brought to
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All investing involves risk.
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Visit public dot com slash disclosures for more info.
Speaker 7 (30:20):
Black Friday is coming, And for the adults in your
life who love the coolest toys, well there's something for
them this year too. Bartisian is the premiere craft cocktail
maker that automatically makes more than sixty seasonal and classic
cocktails each and out of thirty seconds at the push
of a button. And right now, Bartisian is having a
huge sight wide sale. You can get one hundred dollars
(30:41):
off any cocktail maker or cocktail maker bundle when you
spend four hundred dollars or more so, if the cocktail
lover in your life has been good this year or
the right kind of bad, get them Bartisian at the
push of a button, make Bark quality Cosmopolitans, Martini's, Manhattan's,
and more, all in just thirty seconds, all for a
(31:03):
hundred off. Amazing toys aren't just for kids. Get a
hundred off a cocktail maker when you spend four hundred
Through Cyber Monday, visits Martsian dot com slash cocktail that's
b A R T E.
Speaker 2 (31:16):
S i a n dot com slash cocktail
The Bill Handel Show News
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