Episode Transcript
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Speaker 1 (00:00):
You're listen Saints KFI AM six forty The Bill Handles
show on demand on the iHeartRadio.
Speaker 2 (00:06):
F KFI AM six forty live everywhere on the iHeartRadio app.
I see his head coming. It's Neil Selvader Bill Handles.
Just he's putting on the headphones. Looking's true.
Speaker 3 (00:21):
Yeah, I know, Linda woke up here.
Speaker 1 (00:24):
My dogs just woke up and they come in and
say hello, and I have to do and they're all excited.
Speaker 3 (00:29):
What dogs talk to you? Oh yeah, yeah, I speak dog.
Speaker 1 (00:35):
I speak dog when I'm not eating them and they're
scared to death. We have a very love hate related
We have a very love hate relationship.
Speaker 3 (00:45):
All right. By the way, how late was I on
that one? Kno? Late enough, late enough? Okay.
Speaker 1 (00:51):
Before we jump into what's going on with the tariffs
and up and down and down and up and sideways
and all the craziness tomorrowmorrow, it's ask handle anything, which
we do at eight thirty, and I answer questions. And
the reason I do that is because a lot of
people want to know about all of us, you know,
(01:12):
And I get asked.
Speaker 3 (01:13):
What's Neil like? What's Cobalt like?
Speaker 1 (01:16):
And they get asked the same thing, and people that
work here get those questions, and so we started Ask
Handle Anything, where you record your questions and I answer
them and it's done. Here's how it works. During the
course of the show. You go on to the iHeart
app and you click on KFI and in the upper
right hand corner there's your microphone.
Speaker 3 (01:37):
Click on that.
Speaker 1 (01:38):
You have fifteen seconds to ask a question. Ask a question,
not your opinion, you don't give a rats, ask about
what you think about what's going on around the world,
and no legal questions. I get those all the time too,
So Ask Handle Anything tomorrow at eight thirty and then
Neil and Ann choose the ones that are the most
embarrassing to me and I.
Speaker 3 (01:57):
Go ahead and answer them.
Speaker 1 (01:58):
Okay, now happening today, Well markets down about nine hundred
points as we speak, almost a thousand points, and so
yesterday it was up three thousand points. The day before
it was down two thousand points. You talk about volatility.
It all has to do with the tariffs. It all
has to do with President Trump invoking these tariffs. Now,
(02:19):
normally Congress invokes tariffs, but Congress has given that up
for the President to do that arbitrarily, and he does
that now.
Speaker 3 (02:29):
As far as he's concerned, this is.
Speaker 1 (02:31):
Not him being crazy volatile in the sense of changing
his mind about tariffs, because he's been in favor of
tariffs forever, so his basic philosophy hasn't changed. However, you know,
putting in tariffs and his position is that our trade
around the world is not fair. It's not a fair
playing field, and it's not we are tariffed more by
(02:55):
other countries than we charge other countries tariffs. By the way,
he says that it's the countries that pay the tariffs.
He's dreaming. That's not true. It's the manufacturers. It's the
importers that pay the tariffs, and it's then passed on
to us as consumers or US as to people that
distribute or manufacture products when we're buying raw material from
(03:18):
other countries. So he invokes tariffs and says, we're going
to make it a level playing field. And of course
now we have retaliatory tariffs, and he has. He nailed
the whole rest of the world on tariffs, and particularly China,
well everybody. Then he turned around and said, Okay, I've
changed my mind. I'm going to hold off for ninety
(03:40):
days on any tariffs while we negotiate with other countries,
and seventy five countries have called up in a panic,
calling the United States let's negotiate, which is his position.
He wants negotiations. So there's a method to the madness.
Now here's the madness. The world markets react did in
(04:01):
such an insane way that we were looking at a
melt down of the world economy. We were looking at
recession here in the United States, which is why for
three or four days, the market just kept on tanking and.
Speaker 3 (04:15):
The numbers were going lower and lower.
Speaker 1 (04:18):
In terms of the well the stock market was decreasing.
Speaker 3 (04:25):
The numbers were decreasing by thousands of points.
Speaker 1 (04:27):
It went down almost ten percent in a matter of
four days. I mean that is that's depression era in
numbers going down. And then he and he said, I'm
not changing my mind. Well it was so overwhelming he
had to come back and change his mind. And here's
the bottom line. Everybody applauded. The Republicans applauded. Of course,
(04:50):
Democrats are saying, come on, you know, this is crazy.
The market is saying this is crazy.
Speaker 3 (04:57):
Because one of the things.
Speaker 1 (04:58):
That the world market, what economies want is stability that's
the most important thing that exists in the national.
Speaker 3 (05:07):
And world economy. We want, or they want, stability.
Speaker 1 (05:13):
That's what gives manufacturers, importers, consumers, exporters. That gives them
a basis to be comfortable, to forecast, to figure out
what's going on. And with Donald Trump, there is no stability.
It doesn't exist. And with that, people have no idea. Yesterday,
(05:36):
at the seven o'clock hour, we talk to my friend
and partner in business, Savill Killner, and Saville and I
have a business together where we import from China cookware
that's made of stainless steel, two of the top top
products that in fact are tariffed. And so the United
(05:59):
States read Donald Trump has said these tariffs which were
punitive terriffs and in some cases reciprocal tariffs. In other words,
a company country charges us x percentage, we turn around
and charge them the same percentage. That's exactly what Donald
Trump has said, and he invoked that, and there's you
know a lot of people think that ain't such a
bad idea. Let's be fair, this is not an open
(06:22):
market system, this is unfair. Well, all the tariffs are
on a ninety day pause, short of a ten percent,
which is across the board, still in place against every
country that brings in products to the United States except
for China. China, the terriffs not only are in place,
(06:43):
they he doubled down.
Speaker 3 (06:45):
A matter of fact, he tripled down.
Speaker 1 (06:47):
And tariffs with Chinese goods are one hundred and twenty
five percent right now, yesterday. And this is worth playing
back on demand the seven o'clock hour. You heard what
my company is doing, and we are now at one
hundred and eighty four percent tariff bringing in our product
(07:09):
from China.
Speaker 3 (07:11):
We bring in one hundred dollars worth.
Speaker 1 (07:14):
We pay three hundred dollars or two hundred and eighty
four dollars for the same product, one hundred and eighty
four dollars more than what it costs.
Speaker 3 (07:24):
So what used to.
Speaker 1 (07:25):
Cost us one hundred dollars is now two hundred and
eighty four.
Speaker 3 (07:30):
I always say one hundred and eighty four.
Speaker 1 (07:32):
I think it's two hundred and eighty four if you
had the numbers together, Yeah, because one hundred percent is double.
That's two hundred yeah, two hundred and eighty four bucks.
And we don't know what's going on. We're spinning, just spinning,
and we sell the distributors, and you know, no one
knows what's going on. It's it's you talk about volatility.
It goes up, it goes down. There's no way to forecast,
(07:52):
there's no way to figure out how much inventory we
want to put in, there's no way to figure out
what we do for marketing, nothing, because we don't know
what's going to happen tomorrow. And that's not just us,
that's the world.
Speaker 3 (08:03):
That's the world.
Speaker 1 (08:04):
Economic the economy of the entire world, you know, business dealing.
Speaker 3 (08:11):
With this all right.
Speaker 1 (08:12):
Now, let's get local for a moment and talk about
the lapd and a neighborhood in La Chevy At Hills,
a bunch of million dollar homes between the ten Freeway
and Century City, and it's primarily a Jewish neighborhood. And
how do you know, Well, because you go to the
various restaurants and you'll hear people ask each other, for example.
Speaker 3 (08:33):
Vishnu, I don't know Vishnu with you. It's a terrible joke.
It just doesn't work in any case. Here's what happens.
Speaker 1 (08:44):
There's money there, and like any other neighborhood, no one
is thrilled about crime or the possibility of crime. So
what they did is the neighborhood raise more than two
hundred thousand dollars to purchase high tech cameras that scan
license plate These are automated plate readers, a lot like
(09:04):
the ones they have at the toll roads. As you
go under them and click click, click, click, and they
read the license plates. And these devices can be mounted
on police cars or on light poles. And what the
police say, this is great stuff because they help investigate
a stolen cars, locate fugitives, solve crimes because they're checking
(09:27):
on license plates.
Speaker 3 (09:28):
For example, you have license plate readers.
Speaker 1 (09:32):
And if you've got a car that's circling a neighborhood,
circling around the block a few times, what is that about?
Is someone being cased or is it just someone who's lost, Well,
they're able to check on that. So the community donates
these cameras to the La Police Foundation, which then donates
to the police. And by the way, that's not unusual
(09:54):
because the police can't buy all the gadgets and the
foundation supplies stuff to the police. Well, of course, the
civil libertarians are up in arms because the question is
what if the statea collected by the plate readers could
be used for purposes.
Speaker 3 (10:12):
Beyond the intended scope.
Speaker 1 (10:15):
And of course this is privacy concerns because cameras track
people without consent or warrant, collecting data about law abiding motorists,
and it's stored up to five years. I don't know
why people bitch about this. There is no anticipation, no sense,
and no protections against privacy. When you're out on the
(10:39):
street and you're driving your car, you are out there
in public. People can stop pictures of you, The police
can fly helicopters overhead and follow you.
Speaker 3 (10:50):
Cops can look at what's going on.
Speaker 1 (10:52):
Now, there is some limitation as to police stopping you,
But when it comes to overhead surveillance drones, for example,
there's no expectation of privacy. The courts have held that
time and time again. So here comes the argument, how
much protection do you have against the police, how much
privacy do you have? Well, in reality, I'd rather have
(11:16):
the police read my plate than not, because if I
have committed a crime and I'm zipping through an intersection
and that car has been recorded as stolen and there's
nobody around, but the licensed plate reader grabs that plate
and it goes through a database and that car has
(11:37):
been reported stolen. Okay, now we have Now we've got
more than an even chance of catching this guy or
this woman, usually this guy.
Speaker 3 (11:47):
So you've got the company.
Speaker 1 (11:49):
And here's the problem that the critics are saying, and
even there's some people in the police department and that
is saying, we're only dealing with one company and there
were no bids. Excuse me, this was a donation. Okay,
why do you have to have bids?
Speaker 3 (12:06):
Well, it's not particularly fair. It doesn't matter. This is
a gift.
Speaker 1 (12:13):
Okay, how he comes to you, if it's not criminal,
it doesn't matter. And then the police we have to
determine how the police are going to use this.
Speaker 3 (12:23):
You give the police.
Speaker 1 (12:25):
Arms, or you give the police in some cases early
on kevlar vest's.
Speaker 3 (12:34):
Are you going to tell the cops? Here's how you
use it.
Speaker 1 (12:38):
Here is how you're going to use equipment that we
donate to you. Really, so here we are here, we
are expectation of privacy. And the argument is among civil
libertarians is that you let a thousand people who are
(12:58):
guilty go if you're gonna convict one innocent person. That's
the philosophy of this country. As far as I'm concerned,
I would rather convict a thousand people who are innocent
to catch the one bad guy, because that one bad
(13:19):
guy is gonna hold a gun to my head and
say give me all your money or I'm gonna blow
your head off. If a thousand people go down to
a totally incident, I'm fine with that.
Speaker 3 (13:28):
Just leave me alone.
Speaker 1 (13:32):
I am a true American that believes in First Amendment
rights clearly. All right, now, let me tell you what
happened this week. You have two elementary schools, Lillian Streedom
Elementary School and Russell Elementary School, both in South Central
and a couple of guys show up at the school
(13:56):
and they said they were representatives of a federal agency
and they wanted to come into the school, and the school.
Speaker 3 (14:06):
Said, no way, Jose. Both of them were named Jose.
Speaker 1 (14:10):
Interestingly enough, go figure that one out. So the school said, no,
you're not coming in. Well, it's interesting they identified themselves
as representatives of a federal agency. That's weird because they
were part of where they came from, Homeland security investigations
within the Department of Homeland Security, and not saying that
(14:35):
was kind of weird.
Speaker 3 (14:36):
So the school said no, thank you.
Speaker 1 (14:39):
And here is a quote that the school released in
a statement after following district protocols.
Speaker 3 (14:46):
This is the district giving this quote out this statement.
Speaker 1 (14:50):
After following district protocols. School administrators denied entry to the
individuals themselves. They were going after individuals and and they left.
The two individuals left. And now you think there's a
little reaction to that. On Wednesday night, LA School superintendent,
(15:10):
this is last night, Alberto Carvaluo issued. He issued personally
a brief statement about the incidents.
Speaker 3 (15:17):
Here's the quote.
Speaker 1 (15:18):
Our schools are places of inspiration, protection, empathy, and knowledge.
Fear and threat shall be met with courage and determination.
Now I want to point something out with this quote.
Our schools are places of inspiration, protection, empathy and knowledge.
Speaker 3 (15:37):
Not particularly education. I noticed that that one was left out.
And why is that? Well, maybe it's.
Speaker 1 (15:46):
Because it's La Unified school district. And here I am
spitting off and I am going tangentally on ripping into
La Unified where I went to school, and I came
out of La Unified Literate Somewhat.
Speaker 3 (16:05):
It's a tough school district.
Speaker 1 (16:06):
It's a second school district in the country, and it's ungovernable,
teaches languages, teaches school in like ninety different languages.
Speaker 3 (16:13):
Very very tough.
Speaker 1 (16:14):
Now, immigration at agents do not have to be granted
access to a K through twelve campus without a warrant.
That's going on right now. However, here's is what happened,
warrant or no warrant. Under the Biden administration, federal officials
left schools alone. They were not coming into schools, they
(16:37):
weren't coming into churches.
Speaker 3 (16:40):
Under the Trump administration, that's off the table. Now, this
is policy, this is not law.
Speaker 1 (16:45):
And what the state did is prepare guidance to help
school district comply with state laws limiting state and local
participation in immigration enforcement activities. Local governments, local police forces
that heretofore used to hand over illegal aliens, illegal migrants
to ICE no longer do that. It used to be
(17:08):
that someone was let out of jail, let out of prison, ICE,
and it was suspected that that person was illegal. ICE
was informed and would pick up that person as he
usually he walked out of jail, walked out of prison.
Now authorities don't even mention it to ICE, they don't
(17:29):
let them know, and it becomes.
Speaker 3 (17:34):
That much more difficult for ice to pick up these people.
So it's a fight. It's a fight.
Speaker 1 (17:40):
And why is that, Well, because it's California, for the
most part, versus the federal government. The LA Board of
Education has passed a series of resolutions stating LA Unified
will be a sanctuary for immigrants. Now, these are a
series of resolutions different than ordinances, which are law and enforceable.
(18:04):
But California is a sanctuary state. LA County is a
sanctuary county. LA City is a sanctuary city. The school
district is a sanctuary school district. And interestingly enough, the
only non sanctuary places are sanctuaries. That's absolutely not true,
(18:33):
by the way, but it sure sounded good, didn't it.
Let me tell you, the fight continues on. It doesn't stop,
and it's going to continue on for three and a
half more years. Unless the constitution has changed, then it's
going to go on for probably another dozen years or
forty years.
Speaker 3 (18:53):
Now.
Speaker 1 (18:53):
I want to talk about a little pollution, and it
used to be let me tell you, pollution.
Speaker 3 (19:00):
In the south Land. I grew up here in southern California.
Speaker 1 (19:02):
I grew up in Los Angeles, and I remember as
a kid going out I grew up in the valley
and growing going out there and during a school day
it looked like a London fog. I mean it was brown,
it was hazy, and literally you had a hard time
seeing half.
Speaker 3 (19:18):
A mile in front of you. That was smog. And
they wouldn't let you outside school once.
Speaker 1 (19:22):
You wouldn't let anybody outside for recess because it was
just too dangerous. You could breathe and it hurt to
breathe deeply. That's how bad it was. Well, that part
is been cleaned up. We don't get that anymore. But
I'll tell you what we still do. We get particulates.
We get microscopic particular particulates because of fossil fuel being burnt,
(19:48):
and everybody inhales it and what it is, and a
lot of people don't understand this.
Speaker 3 (19:54):
It's an existential hazard.
Speaker 1 (19:57):
It worsens or even prompts asthma, COPD, respiratory infections, permanent
lung damage, goes to the heart, heart disease, heart attacks.
Most cardiovascular disorders involved depression, anxiety, higher rates of suicide.
You can also listen to the show and be a
victim of that can trigger strokes linked to dementia. I
(20:18):
mean it goes on and on. That's how dangerous particulates are.
Very and so what is going on, Well, let's go
and talk about what's happening with the EPA. The EPA
is going backwards on dealing with the production of particulates
(20:40):
or producing particulates among fossil fuel, well one of the
ones that produce particulars, because fossil fuel is being burnt
and we're talking about oil refinery, so we're talking about cars,
I mean virtually everything. Because well, environmentally, the administration is
(21:01):
not a big fan of environmental controls and has gone
back backwards very very quickly in terms of the restrictions
the EPA has put on business, has put on producers
of any kind of pollution. Now here's the fun part.
And also there were cuts to the EPA personnel and
(21:21):
had to do with Dodge or doge, and so that
is all part of it. Not only philosophically, the administration
is in favor of the polluters because it's business, but
also is in favor of reducing governmental agencies, the EPA being.
Speaker 3 (21:38):
One of them.
Speaker 1 (21:39):
Now, while this is going on, and this is my
favorite one, I love this quote and that's from a
spokesperson for what is the EPA now, which is very
different And where's the quote?
Speaker 3 (21:54):
I have to get this quote.
Speaker 1 (21:56):
It is a quote that while these cuts are being made,
the director of the EPA is committed to clean air,
clean water, and making America safer for all Americans when
it comes to the environment. And how do you do that, Well,
(22:21):
you cut EPA regulations. And now we're hearing and it's
so bizarre what we're hearing.
Speaker 3 (22:29):
This is up and down, down is up?
Speaker 1 (22:31):
Egg prices have dropped, for example, No they haven't.
Speaker 3 (22:36):
This is the pharmaceutical companies.
Speaker 1 (22:39):
And I'm not exaggerating saying lowering the prices of pharmaceuticals
hurts consumers.
Speaker 3 (22:49):
Raising the prices helps consumers. Huh why is that? Well,
there's all kinds of reasons.
Speaker 1 (22:57):
Because if you lower the prices, we're not gonna have
money for our and if you raise the prices, we will,
and that gives us the ability to create new drugs
and it's all good for Americans.
Speaker 3 (23:09):
Really. It's like the big tobacco back in the sixties.
Speaker 1 (23:13):
Nicotine is good for you. The more you smoke, the
healthier you're going to be.
Speaker 3 (23:22):
Isn't that special?
Speaker 1 (23:24):
KFI am six you've been listening to the Bill Handle Show.
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