Episode Transcript
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Speaker 1 (00:00):
You're listening to Bill Handle on demand from KFI AM
six forty KFI.
Speaker 2 (00:06):
Handle here day, Wednesday, May fourteenth. As we continue on, now,
let me ask you a question. If even a few
years ago you made one hundred thousand dollars that way,
you were pretty well off. I mean, you weren't insanely rich,
but you were pretty high on the food chain. Well.
(00:29):
In parts of California, Now, making under one hundred thousand dollars,
let's say ninety eight thousand dollars means low income. And
this is really important. It's not just a figure I'm
throwing out orrange. Santa Barbara, San Diego counties, the threshold
for low income a single person household will soon go
(00:52):
north of one hundred thousand dollars if the trends continue,
and that joins three Bay Area counties that already have
hit one hundred thousand dollars as low income. And the
way it works, and I'll tell you why it's important
in a minute. California defines income levels by how they
compare with the area's median income. So if you have
(01:13):
areas with unusually lower high housing costs, those definitions are
tweaked based on the population and the residents in your area. Therefore,
someone earning one hundred thousand dollars could be above the
area's menian income but considered low income. Why there's one
(01:33):
basic reason, the cost of housing. The cost of housing
is the magic bullet here, and I'll tell you why
that's important because there are a whole number of governmental
programs that use these income designations to determine who qualifies
for benefits like housing assistance and tax breaks. So that, yeah,
(02:00):
it's really important. And by the way, all these counties
have plenty of people who make less than one hundred
thousand dollars. So low income is well, it's relative, is
what it is. So, as I said, it all has
to do with soaring home values, even by our standards,
(02:22):
crazy home values. I mean, my kids, Oh gee, Dad,
I can't wait to buy a house. It's not going
to happen, Guys, it's not going to happen now. I
bought my first house when I was what twenty eight,
twenty nine. Now, it wasn't spectacular, but I could come
(02:44):
up with a down payment. I could afford the house.
I remember how much it costs, what two hundred and
fifty three hundred thousand dollars something along those lines. And
it was a nice three bedroom home. It was just
I think it was Altadena even maybe, and it was
you know, it was doable. Today that house, assuming that
is standing, is worth over a million dollars. How do
(03:07):
people come up with that? Even if you make one
hundred thousand dollars, you have a million dollar house, how
do you come up with two hundred thousand dollars check
writing money? And then you're sitting on an eight hundred
thousand dollars mortgage which is another what five six seven
thousand dollars a month? Now, it used to be that
before the housing crisis. Even back in two thousand, low
(03:31):
income households were far less common. Today, low income housing
is our households are all over the place, and lawmakers
are jumping on this. Assembly speaker Robert Reeves said California's
cost of living is the single biggest threat to our future,
and then went on to say middle class families earning
(03:54):
one hundred and twenty five thousand dollars a year, middle
class families earning one hundred and twenty five thousand dollars
a year are struggling to afford rent childcare groceries. And
beyond housing, which is the number one, there are three
(04:15):
other areas, childcare, food insecurity. How does someone who makes
one hundred thousand dollars a year have food insecurity? Now
they're not starving, Now clearly they're they're eating, But at
the end of the month, are they having steak? They
are not. I just had a prime rib that I made.
(04:39):
Of course, the meat was costco and it was I mean,
I gotta tell you, it was at the end of
the month and it was pricey as hell, and I
could be making one hundred and twenty five thousand dollars
a year and not be able to afford that. So
proposed legislation is out there not doing much because what
(05:00):
can the state do to make housing more affordable? Well,
a few things. One of the thing things I work
with county and city to make the permitting process easier,
to speed up housing. Subsidize housing, which is a different
issue because if you have X dollars, do you subsidize
housing or do you spend that on the homeless? Or
(05:22):
do you spend it on fire or police. It's all
limited amount of money. So who would have guessed? I mean, Kono,
you know one hundred and twenty five thousand dollars. Take
away the one hundred and here you are a twenty
five thousand dollars.
Speaker 3 (05:41):
Do you consider yourself poor? Well, luckily I'm married, so
me personally, I am poor.
Speaker 2 (05:48):
So your wife supports you.
Speaker 1 (05:51):
To an extent. She makes a lot more money than
I do.
Speaker 2 (05:55):
You should be ashamed of yourself, not because she supports you,
because I you know, I'm fine with that. I have
no problem with white being the breadwinner. It's that you
just you've decided to make a career right where you're sitting.
Speaker 1 (06:09):
I mean, for now, O coming to mind?
Speaker 2 (06:12):
All right, why don't you get a PhD? Beyond the
master's degree? You see how far you go? Yeah? Right?
I just love harassing.
Speaker 1 (06:20):
He's also the youngest on the show, that's true.
Speaker 2 (06:23):
But I have to harass him. Come on, how do
I have a show that I don't harass people? It's impossible,
all right, got to switch gears. I don't know if
you watch CNN, which I do. Jake Tapper is one
of the anchors and he wrote a book with Alex
Thompson of Axios, and the book is titled Original Sin.
(06:46):
President Biden's Decline. Its cover up and his disastrous choice
to run again, and he rips into Biden, and more specifically,
he rips into those who rounded Biden and covered up,
absolutely covered up Biden's deficiencies. They knew he was a
(07:09):
doddering old man eighty years old that had no business
running for presidents, much less presiding over the United States,
governing our country. And here is where the Democrats. There
were two issues. The Democrats blew it. Number one supporting
Biden and number two spending all their time talking about
(07:32):
how Donald Trump was an existential threat to the United States.
That's where the Democrats concentrated on and kept on apologizing
for Biden, actually lying, Oh, no, no, he's fine, he's fine.
There is no problem whatsoever. And if that June twenty seven,
(07:55):
twenty twenty four, that really famous debate, and while Donald
Trump was lying through his teeth, I mean, extraordinary lies,
wild ass lies, I'm inheriting. It's the worst Joe Biden
just had the worst economy in the history of the
United States. What worse than the Great Depression? Really, yeah,
(08:21):
absolutely worse than that because it was Biden. And I'm
going to straighten it out. Okay, while he's doing all
that crap, instead of Joe Biden like ripping into him
going Okay, for those of you that are fact checking,
just start listing the lies that Donald Trump is uttering
(08:42):
right now. Instead, you had a doddering old man who
couldn't put a sentence together, and it was disastrous. He
lost the election that night, and everybody knew it, and
his supporters, the donors, the people around him. Well, actually
(09:03):
the word cover up is being used because the title
of the book Original Sin President Biden's decline, its cover
up and his disastrous choice to run again. He had
said that he was going to be a transitional president,
(09:23):
meaning one term, and he was going to hand it
over to a younger generation. But you know what happens.
A lot of hubris kicks in when someone is president,
and then you have the people around the president. Who
is going to say, mister President, you're too old. It's
that simple. Who is going to say it's time to
(09:47):
hang it up. That's a tough one, especially for people
who've been around the president for decades, who have been
there to back him up. And it got to be
crazy Democrats who didn't see the president that often relied
on his surrogates for reassurance about his condition. Fine, no problem.
(10:13):
Others didn't want to give that kind of ammunition to
the Trump campaign by going public with the fact that
Biden had no business running and he was just too
old and didn't have the mental acumen, much like certain
talk show hosts don't have the mental acumen to be
(10:34):
on the air. I'm getting one in particular, I'm getting laughs,
what anyone in particular your things? No, No, that's a
that is a general statement. That's all. For example, maybe
talk show hosts have been on the air thirty years
or longer. All right, never mind. In any case, Biden
(10:57):
announced he's gonna be running for reelection in April twenty two,
twenty three, had just turned eighty the previous November, already
the oldest president in history. And yet he looked at
and this is true, Biden and his supporter said, Biden
always bounced back. He beat the odds to win the
twenty twenty election, and he was special and underestimated. Well, yeah,
(11:25):
he really underestimated, because what happened by twenty twenty three
that the good Biden was more present than the old Biden.
Biden was in great shape. Right. Well, the problem is
is that the rest of the country really had huge doubts,
and those around the president, those who were in favor
(11:50):
of the president, just simply ignored it. They covered it
up to the point where, for example, his press conference's
speeches were really controlled. If you look back, his day
was ten am to four pm, not beyond that. When
he answered questions from reporters very quick. The reporters only
(12:13):
had a few minutes. Donald Trump goes six and a
half hours. He just goes on and on and on,
and then when he says I'm done and he leaves,
go okay, I'm done, and he starts walking out the room.
You got a bunch of reporters screaming questions at him.
He turns around and answers those questions too. It's a
(12:34):
very different kind of politician, very different kind of man.
One of the things about Donald Trump, He's indefatigable. The
guy doesn't stop working. He just doesn't stop. For someone
his age, his energy level is extraordinary, especially when you
compare it to Joe Biden's. So go back and look
(12:54):
at some of the video. He used the short stairs
to go in and out of Air Force One, not
the ones up near the cockpit. You know the long stairs.
There is way under that there's sort of almost a
cargo door and it has a doorway too, it has stairs.
He used that and people didn't really pay attention. So
(13:16):
this book and I am definitely going to order this
book because I want to read this one. Okay, we're
done with that, all right. We had some news outside
of the international news, and I want to bring Cono
in on this because Cono baseball is his wheelhouse. And
we start with two major stories of baseball players being
(13:40):
banned for life. One was nineteen nineteen where the World
Series was thrown by the Blackhawk. By the Black Soas
Arnold Ronstein, who was a gambler who was basically a
pre mafia mafia guy, convinced them paid the Black Saw
(14:01):
to throw the World Series and he made a ton
of money on it, and they were banned. Those players
and a coach were banned for life. That makes sense.
Pete Rose, on the other hand, was also banned for
life because he gambled on baseball games, particularly his own
team when he was manager of the Rets, and he
(14:26):
was also banned for life. That is. People have a
different feeling about this. Let's start with Kno kno, do
you have a Do you think those should be differentiated?
Speaker 1 (14:38):
Yes, I think he should have been banned for life.
Speaker 2 (14:41):
Okay, excellent. So let me tell you the time when
I first met Pete Rose, and I would run into
him at a restaurant at a friend of mine owned
and Rose lived in Sherman Oaks at the time, and
this restaurant was in Sherman Oaks. I'd go there a
couple of times a week, and Pete Rose would go
there all the time. First time I met him, I
was introduced to him by the owner of the restaurant
(15:02):
and said, Bill, come over here and want you to
meet someone. And he said, introduce me Bill. This is
Pete Pete, this is Bill. And as Rose shook my hand,
the first first thing out of his mouth is I
was robbed. I should be in the Hall of Fame
right there. Okay, nice to meet you too. I mean,
(15:25):
he felt pretty adamant about it. And now they've lifted
the lifetime ban, maybe because he's no longer alive, and
that's exactly the reason. And this is important stuff, because
he is a shoe in for going into the Hall
of Fame, more hits than anybody else in the history
of the game, more games than anybody else in the
(15:48):
history of the game. He is about as big league
major star as you can get, and precluded from going
in the Hall of Fame until the day he died. Man,
he was. He was very bitter about that, very very bitter.
I was also he you talk about someone who bet.
(16:08):
He would literally bet someone if there are two flies
flying around the room, who's going to land on the
windowsill first, which one. That's how nuts he was with gambling.
And at first he denied the gambling, and then he
admitted it and felt terrible about it. And you know
how he made his living conos, that's it, autographed baseballs
(16:31):
and bats and pictures, that's it. And he did pretty good.
So let me ask you, banning for life, do you
think he should be reinstated.
Speaker 1 (16:41):
I think the opportunity to be reinstated. Sure. Do I
think he's going to get into the Hall of Fame?
Speaker 2 (16:45):
I do not. I do I think he did. He
did well. I can't get until twenty twenty eight because
they have a Arry Dolins.
Speaker 3 (16:52):
Most home runs of Major League Baseball didn't make the
Hall of Fame. Roger Clemons, the most young awards in
Major League Baseball didn't get into the Hall of Fame
because they broke the rules. MLB is like the Roman
Catholic Church of sports. They do not break tradition, and
integrity of the game is by far their biggest pet peeve.
(17:13):
So like, okay, we'll give you the opportunity, but are
our seventy year old voters for the committee going to
vote for you to go into the Hall of Fame.
Speaker 2 (17:22):
No?
Speaker 3 (17:22):
Not.
Speaker 2 (17:23):
In the meantime, let me throw something back at you.
Darryl Strawberry, great pitcher who was caught doing cocaine I
don't know half a dozen times.
Speaker 1 (17:33):
Well that was Dwight Gooden and or whatever.
Speaker 2 (17:35):
And he got okay, I'm sorry, I owed Strawberry was
the team operation team right, yes, okay, And so we
got to the point where he was selling cocaine on
the mound to the other players.
Speaker 1 (17:49):
But he would never be a Hall of Famer.
Speaker 2 (17:51):
And was not, but was not tossed out of the game, right,
But I mean, it was like he was just a guy.
Speaker 1 (17:58):
This is the integrity of the game. It's not gonna time, Bill.
Speaker 2 (18:02):
We're doing sports talk, all right, Well, wait to come back.
This is KLAC five seventy am sports. All right, a
quick story I want to share with you, and boy,
am I in the middle of this. USA today did
a study how many adults still get money from their
(18:22):
mom and dad? Is that number growing? And you bet
now when I say I'm in the middle of this.
As you know, I have two daughters that are fourteen
years old and they are teenagers now they are going
to celebrate their thirtieth birthday in June. But still, Neil,
(18:43):
you know them, tell me they're not teenagers. Of course
they are youthful. Yes, The point is that, of course
I help them out, and parents are doing that more
and more in a study, in a survey on average,
people start paying for their own cell line at age
(19:04):
twenty seven. That's according to AT and T, thirty two
percent don't start paying for their own cell phone bill
until they're thirty or older, some eighteen percent when they've
turned forty. Cell phone seems to be the big one,
that's the poster child of all this. And why because
(19:25):
the cost of living is so high that's the problem.
It's just so damn high that it's you can't afford it,
and so what do you do? You help? For example,
when I visit my kids, right, which I do regularly,
(19:47):
and we go to lunch. Last time, for example, I
picked up Pamela and we went to lunch, and she said, Dad,
do you mind if we stop off at Costco for
a minute. I want to pick up a couple of things. Now,
I always by when we go to Costco, or we
go to a supermarket, and of course lunch and so
sure stopped off at Costco, and she knows I was
(20:08):
going to pay for whatever little incidental bit of food.
Three hundred dollars later, we walk out of Costco. Do
we help Yes? I help them with their food. I
help them with their phone bills. Now, medical that's a given,
(20:31):
as long as I can afford it. I'm always going
to help them with medical. But let me give you
some figures. Okay, the average amount parents are giving their
kids hit a high of one four hundred dollars per month.
I mean, that is insane. And that's six per up
(20:54):
six percent.
Speaker 1 (20:56):
All right.
Speaker 2 (20:56):
Adult members of gen Z between the ages of eighteen
and twenty eight get more money from their parents than
millennials between twenty nine and forty four. That makes sense.
The average amount gen Z a gen Z kids get
adults is eighteen hundred dollars a month. I mean eighteen
hundred dollars a month. And these are adults that are
(21:17):
getting the money from mom and dad. The millennials only
get eight hundred and sixty three dollars a month. So
what are the top items that are paid for? Groceries?
Cell phone bills, rent, mortgage payments. It's kind of crazy.
(21:38):
That's the way it goes. And I'm probably gonna well,
this is what happens. I have people, and I have friends.
I was pretty old when I had my kids. I
was forty four when my kids were born, so I'm
an old dad, and so you know, my kids at
twenty nine. You know, I don't feel particularly terrible about
helping them out. But there are contemporaries of wine who
(22:01):
have kids in their forties and are still giving them
a chunk of money every month or every year. And
it's not necessarily because they need the money to eat.
It's just that's what mom and dad do. Particularly if
you're ethnic, if you're Asian, if you're Jewish, I gotta
(22:25):
give the money to you. Yeah, it's just one of
those things. So what is the answer here. The answer
is for my kids to commit suicide, and that is
going to save me? What hell tell me that wouldn't
say tell me that wouldn't save me money. KFI AM
(22:47):
six forty more stimulating talk radio. You've been listening to
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