April 9, 2025 • 26 mins
Gary and Shannon discuss Kill Tony infiltrating Netflix. China announces 84% tariffs on US goods in showdown with Trump. Trump White House Is Considering Using Drones to Bomb Cartels in Mexico.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
This is Gary and Shannon and you're listening to KFI
AM six forty the Gary and Shannon Show on demand
on the iHeartRadio app.
Speaker 2 (00:09):
It's a popular podcast.
Speaker 1 (00:12):
A panel of judges of guys, of comics, of big names,
and you get a minute, You do your stand up
for a minute, and you either you kill it or
you get killed is essentially the whole bit. I had
never heard this podcast before I saw it on Netflix.
It was pitched to me. I started watching it. They
have a Donald Trump comedian thereon Gillis uh huh, does
(00:33):
very well.
Speaker 2 (00:35):
I watched that right before I went to bed, and
then I woke up.
Speaker 1 (00:37):
I'm listening to the news and I'm listening to Trump's
comments at that dinner last night, and I was conflating
the two because they were not that far different.
Speaker 2 (00:47):
Yeah, it was pretty funny.
Speaker 3 (00:49):
Those people that do his do an impression of the president.
They're really good freaking nail it. And I've heard in
an interview with the guy who does it, Justin Austin,
Tom Justin something Something, whatever's name is that does it
on Saturday Night Live, and he described how he does it,
(01:09):
like what are the what are the key things that
he does to do an impression of Donald Trump, and
you've when you listen to him, it's so easy, like
he just boils it down to the simple things.
Speaker 1 (01:20):
Yeah, but oh my gosh, that I was dying from
that guy. He was the funniest thing last night on
that Kill Tony. And I looked at the reviews. Apparently
everyone who likes kill Tony hated the Netflix thing for
a couple of reasons. Number one, Netflix is obviously trying
to cater to a conservative comedy group. And number two,
it's behind a paywall, and it was a week show
(01:40):
of Kill Tony. It wasn't the best of the best.
And and then all the liberals hate it because now
this uh, this conservative comedy hours infiltrated their Netflix queue,
and it's just it's a It's it's everything I hate
about politics infiltrating something I love in comedy. You know,
It's like, it was funny. I had a great time
what I watched about an hour of it. Some guys
(02:03):
got up there and just bombed. They were awful, and
it was uncomfortable, and I loved being uncomfortable. Uncomfortable Tony
was roasted a bunch like him or hate him, whatever. Okay,
he spoke at one of Trump's rallies, Big deal, who cares?
It's comedy For.
Speaker 3 (02:17):
A lot of people, they didn't know who Tony Hinchcliffe was,
and did lighten up, lighten up? Well, here was the
president last night at that at the dinner.
Speaker 4 (02:25):
And for those of you that want to know the
tariffs you've been hearing about, tariffs were taking in almost
two billion dollars a day in tariffs, two billion a day.
And we're doing very well. And we're doing very well
and making I call them tailor deals, not off the rack.
These are tailored, highly tailored deals like.
Speaker 1 (02:46):
That com that that cut could have been in the
comedy special, right. The other cut that could have been
is you wouldn't believe it. I've got people from other
countries that are coming in and they're kissing my ass
like it's just this is exactly how he talks. The
other quote coming out of Trump in the past twenty
four hours be cool. He's like lu Wan had a
real Housewives retreat. Be cool, don't be like uncool about
(03:11):
the tariffs and what's going on on Wall Street. That
was his message, Like it's nineteen eighty seven.
Speaker 3 (03:16):
Yeah, he wrote that untruth social just before the market's
opened or right after. Right at the beginning of the
markets today, he wrote, be cool, Everything is going to
work out well. The USA will be bigger and better
than ever before. This is a great time to buy,
he added two minutes later, stocks have been mixed. I mean,
this is kind of the way we're going to have
(03:36):
to be able to judge this right now, because this
is the first real indicator that we've got. It will
take a couple of days and weeks for us to
figure out exactly what the tariffs.
Speaker 5 (03:44):
Will be doing. The now right now is been bouncing
up and down.
Speaker 3 (03:48):
It's up fifty nine points right now, S and P
five hundred Nasdaq also positive territory. The big winner today
so far has been gold. Gold has been up about
four percent, well over it's approaching that thirty one dollars
announce Mark.
Speaker 1 (04:03):
I talked to some money guys last week, and when
Trump says in all caps it's a great time to buy,
that's not out of the line.
Speaker 2 (04:11):
Of advice that I read about, where.
Speaker 1 (04:13):
If you've got some fresh cash lying around, now may
be a time for investment because the media is so negative. Yeah,
and I'm not giving advice. I'm just saying when I
was reading advice, that's what it said.
Speaker 3 (04:28):
Yeah, And I don't know how, but that's the biggest
issue is if you've got the money right now to
play with a lot of people are looking at it,
and even if they do have the money to play with,
they're you know, clenching tighter to that money now because
of the app the uncertainty, and people are not they're
not comfortable putting their money into a market that is uncomfortable.
(04:50):
Well so, so last night, nine o'clock our time is
when the tariffs went into full effect and China immediately
announced retaliatory tariffs. Rise up right now, there is one
hundred and four percent rate on Chinese goods coming into
the United States and a twenty percent tariff on the
(05:12):
European Union.
Speaker 1 (05:13):
We talked about it yesterday. China means business. They're here
to play ball. The New York Times wrote it up
as a risky game of chicken between the two and
that's exactly what we're dealing with. We'll talk about the
implications with China and how we could be hurt the
most when it comes to things coming from China, like
(05:33):
everything the President by the way last night said something about,
you know, pharmaceuticals, and I'm like, maybe we got to
sit this one out. We should sit this one out
because a lot of the pharmaceuticals we rely on every
day in this country come from China. Yeah, they come
from other places. They come from the places that we
have directly put a target on for these terrafts.
Speaker 3 (05:55):
Well, and what he wants is he wants to see
those drug shakers make the drugs here in the area.
Speaker 1 (06:01):
You know what that there's a reason why companies moved
it all to China. It's a hell of a lot
cheaper because they don't have the regulations that we have.
Speaker 3 (06:09):
The one example that everybody's been talking about, we'll get
into it as well later is the iPhone. The iPhone
ubiquitous in terms of everybody knows somebody who has one.
If you don't already have one yourself, are you willing
to pay a few thousand dollars opposed to one thousand,
a few thousand dollars for something like an iPhone because
(06:29):
of these terrorists.
Speaker 5 (06:30):
That's just one of the examples. But all of that's
still coming up.
Speaker 6 (06:34):
You're listening to Gary and Shannon on Demand from KFI
AM six forty.
Speaker 3 (06:40):
Gary and shann and KFI AM six forty live everywhere
on the iHeartRadio app.
Speaker 2 (06:46):
Do you want to know what your drag queen name is?
Speaker 5 (06:49):
Didn't know that it was up in the air.
Speaker 1 (06:51):
Do we have any.
Speaker 2 (06:52):
Drag queen music?
Speaker 5 (06:53):
Of course we do?
Speaker 2 (06:54):
Why not?
Speaker 3 (06:55):
Non your dad booty, show me the booty, give me
a yeah.
Speaker 1 (07:00):
That's okay, that's the word.
Speaker 2 (07:05):
Not this.
Speaker 5 (07:08):
All right?
Speaker 1 (07:08):
This is kind of your drag queen song. I can
totally see you owning the stage with this. Your grandmother's
first name, it's Dixie.
Speaker 2 (07:17):
Last dessert or sweet you ate.
Speaker 5 (07:22):
Maple cookie?
Speaker 1 (07:23):
Dixie, maple cookie, Elmer. I'm going to need your grandmother's name.
Just pick one, Flavia and the last dessert or sweet
you atechi Flavia Mochi, welcome to the center stage. Wait,
(07:46):
we haven't heard everybody else's is ke the okay?
Speaker 2 (07:50):
I need your your grandmother's name.
Speaker 1 (07:52):
Just pick one surely surely last dessert or sweet cake?
Speaker 2 (07:57):
Sureley cake.
Speaker 3 (07:59):
I would add an S to that and call her
Shirley Cakes. Listen, I'm just kidding.
Speaker 1 (08:05):
Mine is oh wait, Amy's not there. Mine is anime eminem.
Speaker 3 (08:11):
An eminem oh anime eminem Anime, Eminem and Shirley Cakes headlining.
Speaker 1 (08:18):
I like Flavia Mochi. That's who I'm showing up to see.
Speaker 5 (08:22):
Flavia is definitely the headline.
Speaker 2 (08:23):
Oh my god, I can see her right now.
Speaker 7 (08:27):
Uh.
Speaker 3 (08:28):
President Trump on Monday announced that we are planning talks
with Iran. Right, we're trying to get into and stop there.
Speaker 2 (08:36):
We're blowing them up, is what we're going to do.
Speaker 3 (08:38):
Well, here's here's some evidence that we may be doing both.
There are now six B two bombers on Diego, Garcia,
exactly what my whole island militarily run by the UK
and their friends, and we put a.
Speaker 5 (08:54):
Bunch of ourselves.
Speaker 1 (08:54):
It's going to be the exclamation point. Kids, this is
it's gonna be. Oh China, Oh, China is not gonna
oh oh okay, all right, well, then we're going to
drop bombs on Iran so that they don't have a
nuclear weapon.
Speaker 3 (09:06):
Apparently, this is the largest single deployment of B two
stealth bombers in the history of the United States since
we've had them. Yes, and they forward deploy these six
of them. And by the way, they don't I don't
know if the hangars are large enough to put them inside.
They intentionally park them on the taxiway.
Speaker 5 (09:27):
Big battle.
Speaker 1 (09:28):
Yeah, my penis is huge and it's stealthy, super or
something like that. China doesn't want to play with it.
We will give it to Iran to play with, you know.
I mean, this is all I don't.
Speaker 5 (09:41):
Know where you're going with that. I want to.
Speaker 1 (09:44):
This is all related the tariffs, the fact that China
won't get involved the show of force against Iran.
Speaker 2 (09:53):
It's all involved.
Speaker 3 (09:55):
China, speaking of, has pushed back against the tariff pop.
They've hiked levies on US imports to more than eighty percent.
Tariffs on US goods that go into China will go
to eighty four percent starting April tenth, that's tomorrow, according
to the Office of the Tariff Commission of the State
Council in China. This of course, comes in response to
(10:17):
the US tariff increase on Chinese goods to more than
one hundred percent that began last night. The European Union
also voted today to approve its first set of retaliatory
measures to counter the terriff imposed by the US on
steel and aluminum. The European Commission Commission said that the
duties would start being collected from April fifteenth. I wanted
(10:38):
to add at least one voice into this, Jamie Diamond
from CEO of JP Morgan Chase. He knows a thing
or two about money. He has said, Yeah, this could
get a lot worse.
Speaker 7 (10:51):
I'm taking a calm view, but I think it could
get worse if we don't make some progress here. And
of course, you know, trade wars you saw in China.
Raise it rate today, you know, and people to get angry,
and they're gonna have responses. And every country's got choices,
so there are short term choices or long term choices.
Let them settle down, take a deep breath, negotiate some
trade deals.
Speaker 5 (11:12):
That's the best PA.
Speaker 2 (11:12):
I would love that to happen.
Speaker 1 (11:14):
I would love that all to happen, the settling down,
the taking the deep breath. The United States comes out
as getting a better deal with everybody globally, US doing
better because of it, US bringing manufacturing back to America.
Speaker 2 (11:31):
I just don't think it's feasible.
Speaker 1 (11:33):
I mean, like I said earlier, there's a reason why
CEOs have outsourced the manufacturing of goods to places like China, Vietnam, India.
Speaker 2 (11:41):
It's a hell of a lot cheaper. How would you
make it cheaper here? You cannot?
Speaker 3 (11:46):
Well, and I just don't think that people have I
agree that in general those would all be great things.
Speaker 5 (11:52):
I don't know if we have the appetite to wait
for those things.
Speaker 6 (11:55):
We do not.
Speaker 3 (11:56):
And I mean you see that in the stock market again,
it's not the wrecked indicator of the strength of the economy,
but it is, you know, when people sell off things
because they want to, you know, take the money. Now,
we're just that's we're bad at We're bad at patients.
We not just Americans, I mean we humans. We're just
(12:16):
bad at patients.
Speaker 1 (12:18):
Well, and the inherent problem with this plan is that
his term lasts four years. Even if we're good with patients,
it does not matter. The next regime comes in and
they change the game, and then suddenly you've had patience
for what to see your your personal net worth go
down substantially.
Speaker 5 (12:37):
Right. Here's one more comment from Jamie Diamond from this morning.
Speaker 7 (12:40):
I hope what they really do is let Scott Bessen
when he's a professional negotiating. I know, Japan, see I gather, Korea,
Vietnam called, and then adventually Europe get those things done
quickly if you want to calm down the markets, show
progress in those things and let Scott take the time.
Trade deals are very large and very complex. They can't
be done overnight, but you really have to have teams
(13:00):
working them to get them right.
Speaker 3 (13:02):
So again, the one example that's been held up a
lot is would you be willing to pay thousands of
dollars for your iPhone? Or can you make it in
the United States.
Speaker 2 (13:14):
Sure, it'll just cost a hell of a lot more.
Speaker 5 (13:17):
We'll talk about that we come back.
Speaker 6 (13:19):
You're listening to Gary and Shannon on demand from KFI
AM six forty.
Speaker 3 (13:26):
Garyan Shannon KFI AM six forty Live every yearn to.
Speaker 1 (13:30):
Send me a stupid survey. You know I'm gonna get
creative with it.
Speaker 5 (13:34):
iHeartRadio. App is where you find us all the time.
Speaker 3 (13:38):
Yeah, we were talking about the jet Set club in
Santo Domingo, packed with musicians and professional athletes, government officials,
when the ceiling collapsed just a couple days ago. Minutes later,
the entire roof collapse. Concrete slabs that fell killed more
than one hundred and thirteen people, trapped dozens of others
on a dance floor. I had mentioned and at least
(14:01):
one professional baseball player. A former player, Octavio Dotel, who
I mentioned, had played for the Cardinals. He won a
World Series with the Cardinals, but he played for thirteen
other teams, including the Dodgers. So Golf Masters begins tomorrow.
Golf coach Matt Thurman was escorted off the practice range
(14:22):
this morning at the Masters at Augusta. Do you know
why he was wearing shorts? And as a player or
coach or caddie, you cannot wear shorts. You should on
the course or the practice rung.
Speaker 2 (14:38):
He should know this. It's like the Yankees with facial hair.
Speaker 3 (14:42):
So he's working with this new amateur kid, Hosele Biastaire,
I guess for this year's Masters, and he showed up
on the practice range to help his buddy out, help
his mentee, and the officials that Augusta escorted him off
the course till he went to go change his pants.
Angels beat the Rais yesterday four to three, four oh five,
(15:02):
first pitch there in Tampa. Dodgers lost again to Washington
eight to two, so they'll play. They have an afternoon game,
so one oh five first pitch for them. We've been
talking about the tariffs. Of course, China vowed to fight
to the end in this escalating trade war with the
United States, and they announced that they would raise tariffs
on goods to eighty four percent starting tomorrow.
Speaker 1 (15:24):
Some people are visiting Apple stores this week they want
to get an upgrade on their iPhone before the prices
of the iPhones rise. China, obviously, is where Apple produces
the bulk of its iPhones. Insert sweatshop stupid joke here.
(15:44):
With Trump increasing the minimum tariff on Chinese goods to
one hundred and four percent, this will drive up the
cost of Chinese made goods in the United States, which
is pretty much I don't want to say everything, but
it's Chinese made goods. Are you abiquitous? And the iPhone
is just a really great example of one. The thing
with the iPhone, I don't understand why it's such a
(16:06):
talking point with this is it's something that you buy
and then you've bought it. It's not something you buy
every week. It's not the stuff at the grocery store.
It's not the reoccurring costs of the things from China
that we're going to be buying hell of a lot
more than the iPhone. You buy a new Well, I
buy a new iPhone, and then I wait several years
before I buy the next one. I will buy the
(16:27):
next one in the next administration, probably, So that's not
gonna that's.
Speaker 5 (16:32):
Not gonna effect you because you and I are the
same way.
Speaker 3 (16:34):
And that I I'm not getting rid of that thing
for a long time.
Speaker 1 (16:37):
Yeah, the new iPhone doesn't come out and I go,
I have to get it. I have to pay one
thousand dollars to get something that has a better camera.
Speaker 2 (16:43):
Like, that's just not how I live.
Speaker 1 (16:45):
I know that people do live that way, But there's
so much other stuff from China that's gonna hurt every
day every week starting now.
Speaker 3 (16:53):
Well, and I think it's it's because it is a
significant piece of technology. It's not a piece of plastic
that we're getting from China. It's something that is an
example of how complicated international manufacturing has become. So Fox
Cohn makes the iPhones, They assemble the iPhones. They employ
about three hundred thousand people in iPhone City. It's a
(17:16):
place called Jengzhu, China. And Apple, knowing that this tariff
thing was down was coming down the pike, they had
said they would be outsourcing some of their phone assemblies
to India, which has its own manufacturing workforce already in
place and ready to go. If you were to do
this in the United States, and again that's part of
(17:38):
what the pressure is is to get manufacturing back into
the United States. That kind of internationally sourced parts and
pieces that go into a product like an iPhone would
mean you would have to have similar set up here
in North America. For example, about forty different parts and
(18:00):
pieces from the iPhone come from different countries. Most of
the complex and the specialized pieces come from about a
half a dozen countries, and.
Speaker 5 (18:10):
Those are made in or near China.
Speaker 3 (18:14):
China's close to Taiwan, South Korea, Japan, where some of
the other big important pieces come from. The only realistic
path to an assembly line here in the United States
is to reconstruct the supply chain by shifting some of
the components out of Asia into North America, Canada, Mexico,
something like that, and even northern Europe. But that's difficult.
(18:36):
That doesn't just happen automatically. It's taken decades for that
supply chain to develop into China. It would take arguably
as much time maybe to redevelop here if the United
States was to kind of be the key for all
of it. The other thing is it would require a
(18:58):
dramatic increase in the amount of manufacturing jobs here in
the United States. I mentioned that there's about three hundred
thousand that live and work in this iPhone city, this
jiang Zhu, China that work for Fox con Hiring is
one of the biggest problems that we face here in
the United States. There's a skills gap. In twenty seventeen,
(19:21):
Tim Cook said the incentive to build in China wasn't
the fact that it was cheap labor. Tim Cook said,
it's that it's advanced tooling and that the United States
you could have a meeting of tooling engineers and they
couldn't fill a room. In China, you could fill football
stadiums with people who know how to engineer the.
Speaker 5 (19:43):
Team as it would be required.
Speaker 2 (19:45):
We know this.
Speaker 3 (19:46):
So all of this thing then it takes mountains of money.
Not only do you have to have the jobs, you
have to have the parts. You have to have the
money to just build a facility somewhere. Where are you
going to put that? In China, they have a city,
They literally have us yep that they build this stuff
and we don't have the place for it.
Speaker 1 (20:04):
So it's why we ride. It's a small world. Different
lands bring us different things. You know, I'm not going
to go to China for for a hot dog. I'm
not going to go to the side of garlic fries.
That's that is a brilliant analogy. Thank you, Thank you
(20:24):
very much. You've seen land Man. This headline reminded me
of land Man. Oh Mexico warrens against potential US drone
strikes on cartels.
Speaker 2 (20:40):
Could you imagine that? I wouldn't. I don't think that's
a bridge too far either.
Speaker 5 (20:44):
It's not. It's not too far away from reality. Right.
Speaker 1 (20:48):
We'll talk about what the likelihood that will be that
the US would deploy drones against the cartels there at
the border.
Speaker 6 (20:55):
You're listening to Gary and Shannon on demand from KFI
ams stories.
Speaker 1 (21:03):
We're following for you today and we continue to check
up on Wall Street. Another volatile day. Stocks have been lower,
have been up and down since then, per usual. A
China announcing an additional fifty percent in retaliatory tariffs on
US imports today in response to the one hundred and
four percent tariffs on Chinese imports announced overnight.
Speaker 3 (21:24):
The president of Iran has again said what We're not
trying to get a nuclear bomb US. This, of course,
coming ahead of talks between Tehran and the United States,
eve entangled the prospect of direct American investment in Iran
if they can reach some kind of a deal. This
President Makmood Poseshkian said that this is not the previous
(21:49):
stance from Iran after the twenty fifteen nuclear deal at
the time. Back then, Iran sought to buy American airplanes,
but in effect barred US companies from coming into the country,
such that business proposal could now draw the interest of
President Trump.
Speaker 5 (22:03):
We shall see how it goes.
Speaker 1 (22:04):
On Saturday, there are reports the Trump administration is considering
drone strikes against cartels. The Mexican President Claudia Sinbaum has
reiterated her strong opposition to anything of the sort. She
told reporters today, we do not agree with any kind
of intervention or interference. This has been very clear, very
(22:27):
sensitive topic, as you can imagine. They say that it
has been talked about in the current administration aerial strikes
on cartel targets, and that the administration is prepared to
act unilaterally if Washington cannot secure Mexican support, why wouldn't it.
That is the way that this administration likes to operate unilaterally.
Speaker 2 (22:49):
I will just do it. We don't want to wait
for the okay, what is it? Ask forgiveness and not permission.
Speaker 1 (22:56):
Yesterday, NBC News sited six current and former US of
officials saying that Trump is weighing drone strikes to crack
down on the narcotics that have streamed across the border.
Speaker 3 (23:09):
There is an agreement in place. What I don't quite
understand is what Claudia Scheinbaum. What is Claudia Shinbaum's view
on Mexican drug cartels.
Speaker 1 (23:19):
Well, it's a very delicate relationship between the powers that
be in Mexico and the cartels. Look no further than
al Chapo and what he was able to do for
governmental figures and the community as well. I mean, they
are you think our government's in bed with the FDA
and the pharmaceutical companies. This is a government that's in
(23:40):
bed with the cartels. It's a dangerous trip wire exercise
in terms of surgically going after the cartels without going
after the Mexican government.
Speaker 3 (23:52):
But there is an agreement in place right now to
a stepped up military surveillance and CIA surveillance flights over
Mexico in an attempt to gather information about what the
cartels are and what they're doing. And I don't know
enough about that agreement. I would hope that that would
include intelligence sharing, not just from what we get sharing
(24:13):
with Mexico, but what Mexico has and knows that they
would share with us.
Speaker 1 (24:18):
Mexico's not going to share anything. Mexico cares about money.
Mexican government cares about money they get from the cartels.
That's why there's so much poverty. The government doesn't care
about the people in Mexico, and they certainly don't care
about sharing anything with us.
Speaker 3 (24:37):
There's a guy who is a professor of government at Cornell,
Gustavo Flores Masius. He said the Mexican government would face
if there were drone strikes, the Mexican government would face
tremendous domestic pressure to respond in the strongest possible terms,
including severing diplomatic relations with the United States and collapsing
bi national cooperation on migration, security and other topics. That
(25:01):
to me is an how could you possibly do that?
They in terms of the share of geography that we
have with Mexico.
Speaker 1 (25:10):
This is the administration liking the idea of sending drones
to take out cartels. It's very Saturday Morning cartoon. It's
very cool sounding. Let's send in the drones and that
way we can say we're fighting the drugs flowing across
the border. But when you get into what that all means,
like what you were just saying, it gets very much
(25:30):
more complicated than just a showing of air power.
Speaker 3 (25:36):
There was a when Claudia Scheinbaum took office. It was
a strict departure from President Manuel. A lot of names,
too many names, many of I think I got three
out of the six. Yeah, he talked about hugs not bullets,
(25:57):
and that's always a great slogan, mean bloone. She at
least was able to drop that and has a sort
of backbone to her when it comes to fighting these cartels.
Speaker 2 (26:07):
Well it's not hugs.
Speaker 3 (26:09):
Well, there's an awful story that has been bubbling in
the valley in this valley, San Fernando Valley that reached
up into the Antalope Valley as well. This soccer coach
who is now accused of killing a thirteen year old
soccer kid. There has been a history of abuse.
Speaker 2 (26:28):
To which the question comes to mind right away.
Speaker 1 (26:30):
Why was he free? Why was he in this country?
Why was he allowed to continue coaching kids. We'll get
into that history when we come back to Gary and Shannon.
Speaker 5 (26:40):
You've been listening to The Gary and Shannon Show.
Speaker 3 (26:43):
You can always hear us live on KFI AM six
forty nine am to one pm every Monday through Friday,
and any time on demand on the iHeartRadio app.
This is Gary and Shannon and you're listening to KFI
AM six forty the Gary and Shannon Show on demand
on the iHeartRadio app.
Speaker 2 (00:09):
It's a popular podcast.
Speaker 1 (00:12):
A panel of judges of guys, of comics, of big names,
and you get a minute, You do your stand up
for a minute, and you either you kill it or
you get killed is essentially the whole bit. I had
never heard this podcast before I saw it on Netflix.
It was pitched to me. I started watching it. They
have a Donald Trump comedian thereon Gillis uh huh, does
(00:33):
very well.
Speaker 2 (00:35):
I watched that right before I went to bed, and
then I woke up.
Speaker 1 (00:37):
I'm listening to the news and I'm listening to Trump's
comments at that dinner last night, and I was conflating
the two because they were not that far different.
Speaker 2 (00:47):
Yeah, it was pretty funny.
Speaker 3 (00:49):
Those people that do his do an impression of the president.
They're really good freaking nail it. And I've heard in
an interview with the guy who does it, Justin Austin,
Tom Justin something Something, whatever's name is that does it
on Saturday Night Live, and he described how he does it,
(01:09):
like what are the what are the key things that
he does to do an impression of Donald Trump, and
you've when you listen to him, it's so easy, like
he just boils it down to the simple things.
Speaker 1 (01:20):
Yeah, but oh my gosh, that I was dying from
that guy. He was the funniest thing last night on
that Kill Tony. And I looked at the reviews. Apparently
everyone who likes kill Tony hated the Netflix thing for
a couple of reasons. Number one, Netflix is obviously trying
to cater to a conservative comedy group. And number two,
it's behind a paywall, and it was a week show
(01:40):
of Kill Tony. It wasn't the best of the best.
And and then all the liberals hate it because now
this uh, this conservative comedy hours infiltrated their Netflix queue,
and it's just it's a It's it's everything I hate
about politics infiltrating something I love in comedy. You know,
It's like, it was funny. I had a great time
what I watched about an hour of it. Some guys
(02:03):
got up there and just bombed. They were awful, and
it was uncomfortable, and I loved being uncomfortable. Uncomfortable Tony
was roasted a bunch like him or hate him, whatever. Okay,
he spoke at one of Trump's rallies, Big deal, who cares?
It's comedy For.
Speaker 3 (02:17):
A lot of people, they didn't know who Tony Hinchcliffe was,
and did lighten up, lighten up? Well, here was the
president last night at that at the dinner.
Speaker 4 (02:25):
And for those of you that want to know the
tariffs you've been hearing about, tariffs were taking in almost
two billion dollars a day in tariffs, two billion a day.
And we're doing very well. And we're doing very well
and making I call them tailor deals, not off the rack.
These are tailored, highly tailored deals like.
Speaker 1 (02:46):
That com that that cut could have been in the
comedy special, right. The other cut that could have been
is you wouldn't believe it. I've got people from other
countries that are coming in and they're kissing my ass
like it's just this is exactly how he talks. The
other quote coming out of Trump in the past twenty
four hours be cool. He's like lu Wan had a
real Housewives retreat. Be cool, don't be like uncool about
(03:11):
the tariffs and what's going on on Wall Street. That
was his message, Like it's nineteen eighty seven.
Speaker 3 (03:16):
Yeah, he wrote that untruth social just before the market's
opened or right after. Right at the beginning of the
markets today, he wrote, be cool, Everything is going to
work out well. The USA will be bigger and better
than ever before. This is a great time to buy,
he added two minutes later, stocks have been mixed. I mean,
this is kind of the way we're going to have
(03:36):
to be able to judge this right now, because this
is the first real indicator that we've got. It will
take a couple of days and weeks for us to
figure out exactly what the tariffs.
Speaker 5 (03:44):
Will be doing. The now right now is been bouncing
up and down.
Speaker 3 (03:48):
It's up fifty nine points right now, S and P
five hundred Nasdaq also positive territory. The big winner today
so far has been gold. Gold has been up about
four percent, well over it's approaching that thirty one dollars
announce Mark.
Speaker 1 (04:03):
I talked to some money guys last week, and when
Trump says in all caps it's a great time to buy,
that's not out of the line.
Speaker 2 (04:11):
Of advice that I read about, where.
Speaker 1 (04:13):
If you've got some fresh cash lying around, now may
be a time for investment because the media is so negative. Yeah,
and I'm not giving advice. I'm just saying when I
was reading advice, that's what it said.
Speaker 3 (04:28):
Yeah, And I don't know how, but that's the biggest
issue is if you've got the money right now to
play with a lot of people are looking at it,
and even if they do have the money to play with,
they're you know, clenching tighter to that money now because
of the app the uncertainty, and people are not they're
not comfortable putting their money into a market that is uncomfortable.
(04:50):
Well so, so last night, nine o'clock our time is
when the tariffs went into full effect and China immediately
announced retaliatory tariffs. Rise up right now, there is one
hundred and four percent rate on Chinese goods coming into
the United States and a twenty percent tariff on the
(05:12):
European Union.
Speaker 1 (05:13):
We talked about it yesterday. China means business. They're here
to play ball. The New York Times wrote it up
as a risky game of chicken between the two and
that's exactly what we're dealing with. We'll talk about the
implications with China and how we could be hurt the
most when it comes to things coming from China, like
(05:33):
everything the President by the way last night said something about,
you know, pharmaceuticals, and I'm like, maybe we got to
sit this one out. We should sit this one out
because a lot of the pharmaceuticals we rely on every
day in this country come from China. Yeah, they come
from other places. They come from the places that we
have directly put a target on for these terrafts.
Speaker 3 (05:55):
Well, and what he wants is he wants to see
those drug shakers make the drugs here in the area.
Speaker 1 (06:01):
You know what that there's a reason why companies moved
it all to China. It's a hell of a lot
cheaper because they don't have the regulations that we have.
Speaker 3 (06:09):
The one example that everybody's been talking about, we'll get
into it as well later is the iPhone. The iPhone
ubiquitous in terms of everybody knows somebody who has one.
If you don't already have one yourself, are you willing
to pay a few thousand dollars opposed to one thousand,
a few thousand dollars for something like an iPhone because
(06:29):
of these terrorists.
Speaker 5 (06:30):
That's just one of the examples. But all of that's
still coming up.
Speaker 6 (06:34):
You're listening to Gary and Shannon on Demand from KFI
AM six forty.
Speaker 3 (06:40):
Gary and shann and KFI AM six forty live everywhere
on the iHeartRadio app.
Speaker 2 (06:46):
Do you want to know what your drag queen name is?
Speaker 5 (06:49):
Didn't know that it was up in the air.
Speaker 1 (06:51):
Do we have any.
Speaker 2 (06:52):
Drag queen music?
Speaker 5 (06:53):
Of course we do?
Speaker 2 (06:54):
Why not?
Speaker 3 (06:55):
Non your dad booty, show me the booty, give me
a yeah.
Speaker 1 (07:00):
That's okay, that's the word.
Speaker 2 (07:05):
Not this.
Speaker 5 (07:08):
All right?
Speaker 1 (07:08):
This is kind of your drag queen song. I can
totally see you owning the stage with this. Your grandmother's
first name, it's Dixie.
Speaker 2 (07:17):
Last dessert or sweet you ate.
Speaker 5 (07:22):
Maple cookie?
Speaker 1 (07:23):
Dixie, maple cookie, Elmer. I'm going to need your grandmother's name.
Just pick one, Flavia and the last dessert or sweet
you atechi Flavia Mochi, welcome to the center stage. Wait,
(07:46):
we haven't heard everybody else's is ke the okay?
Speaker 2 (07:50):
I need your your grandmother's name.
Speaker 1 (07:52):
Just pick one surely surely last dessert or sweet cake?
Speaker 2 (07:57):
Sureley cake.
Speaker 3 (07:59):
I would add an S to that and call her
Shirley Cakes. Listen, I'm just kidding.
Speaker 1 (08:05):
Mine is oh wait, Amy's not there. Mine is anime eminem.
Speaker 3 (08:11):
An eminem oh anime eminem Anime, Eminem and Shirley Cakes headlining.
Speaker 1 (08:18):
I like Flavia Mochi. That's who I'm showing up to see.
Speaker 5 (08:22):
Flavia is definitely the headline.
Speaker 2 (08:23):
Oh my god, I can see her right now.
Speaker 7 (08:27):
Uh.
Speaker 3 (08:28):
President Trump on Monday announced that we are planning talks
with Iran. Right, we're trying to get into and stop there.
Speaker 2 (08:36):
We're blowing them up, is what we're going to do.
Speaker 3 (08:38):
Well, here's here's some evidence that we may be doing both.
There are now six B two bombers on Diego, Garcia,
exactly what my whole island militarily run by the UK
and their friends, and we put a.
Speaker 5 (08:54):
Bunch of ourselves.
Speaker 1 (08:54):
It's going to be the exclamation point. Kids, this is
it's gonna be. Oh China, Oh, China is not gonna
oh oh okay, all right, well, then we're going to
drop bombs on Iran so that they don't have a
nuclear weapon.
Speaker 3 (09:06):
Apparently, this is the largest single deployment of B two
stealth bombers in the history of the United States since
we've had them. Yes, and they forward deploy these six
of them. And by the way, they don't I don't
know if the hangars are large enough to put them inside.
They intentionally park them on the taxiway.
Speaker 5 (09:27):
Big battle.
Speaker 1 (09:28):
Yeah, my penis is huge and it's stealthy, super or
something like that. China doesn't want to play with it.
We will give it to Iran to play with, you know.
I mean, this is all I don't.
Speaker 5 (09:41):
Know where you're going with that. I want to.
Speaker 1 (09:44):
This is all related the tariffs, the fact that China
won't get involved the show of force against Iran.
Speaker 2 (09:53):
It's all involved.
Speaker 3 (09:55):
China, speaking of, has pushed back against the tariff pop.
They've hiked levies on US imports to more than eighty percent.
Tariffs on US goods that go into China will go
to eighty four percent starting April tenth, that's tomorrow, according
to the Office of the Tariff Commission of the State
Council in China. This of course, comes in response to
(10:17):
the US tariff increase on Chinese goods to more than
one hundred percent that began last night. The European Union
also voted today to approve its first set of retaliatory
measures to counter the terriff imposed by the US on
steel and aluminum. The European Commission Commission said that the
duties would start being collected from April fifteenth. I wanted
(10:38):
to add at least one voice into this, Jamie Diamond
from CEO of JP Morgan Chase. He knows a thing
or two about money. He has said, Yeah, this could
get a lot worse.
Speaker 7 (10:51):
I'm taking a calm view, but I think it could
get worse if we don't make some progress here. And
of course, you know, trade wars you saw in China.
Raise it rate today, you know, and people to get angry,
and they're gonna have responses. And every country's got choices,
so there are short term choices or long term choices.
Let them settle down, take a deep breath, negotiate some
trade deals.
Speaker 5 (11:12):
That's the best PA.
Speaker 2 (11:12):
I would love that to happen.
Speaker 1 (11:14):
I would love that all to happen, the settling down,
the taking the deep breath. The United States comes out
as getting a better deal with everybody globally, US doing
better because of it, US bringing manufacturing back to America.
Speaker 2 (11:31):
I just don't think it's feasible.
Speaker 1 (11:33):
I mean, like I said earlier, there's a reason why
CEOs have outsourced the manufacturing of goods to places like China, Vietnam, India.
Speaker 2 (11:41):
It's a hell of a lot cheaper. How would you
make it cheaper here? You cannot?
Speaker 3 (11:46):
Well, and I just don't think that people have I
agree that in general those would all be great things.
Speaker 5 (11:52):
I don't know if we have the appetite to wait
for those things.
Speaker 6 (11:55):
We do not.
Speaker 3 (11:56):
And I mean you see that in the stock market again,
it's not the wrecked indicator of the strength of the economy,
but it is, you know, when people sell off things
because they want to, you know, take the money. Now,
we're just that's we're bad at We're bad at patients.
We not just Americans, I mean we humans. We're just
(12:16):
bad at patients.
Speaker 1 (12:18):
Well, and the inherent problem with this plan is that
his term lasts four years. Even if we're good with patients,
it does not matter. The next regime comes in and
they change the game, and then suddenly you've had patience
for what to see your your personal net worth go
down substantially.
Speaker 5 (12:37):
Right. Here's one more comment from Jamie Diamond from this morning.
Speaker 7 (12:40):
I hope what they really do is let Scott Bessen
when he's a professional negotiating. I know, Japan, see I gather, Korea,
Vietnam called, and then adventually Europe get those things done
quickly if you want to calm down the markets, show
progress in those things and let Scott take the time.
Trade deals are very large and very complex. They can't
be done overnight, but you really have to have teams
(13:00):
working them to get them right.
Speaker 3 (13:02):
So again, the one example that's been held up a
lot is would you be willing to pay thousands of
dollars for your iPhone? Or can you make it in
the United States.
Speaker 2 (13:14):
Sure, it'll just cost a hell of a lot more.
Speaker 5 (13:17):
We'll talk about that we come back.
Speaker 6 (13:19):
You're listening to Gary and Shannon on demand from KFI
AM six forty.
Speaker 3 (13:26):
Garyan Shannon KFI AM six forty Live every yearn to.
Speaker 1 (13:30):
Send me a stupid survey. You know I'm gonna get
creative with it.
Speaker 5 (13:34):
iHeartRadio. App is where you find us all the time.
Speaker 3 (13:38):
Yeah, we were talking about the jet Set club in
Santo Domingo, packed with musicians and professional athletes, government officials,
when the ceiling collapsed just a couple days ago. Minutes later,
the entire roof collapse. Concrete slabs that fell killed more
than one hundred and thirteen people, trapped dozens of others
on a dance floor. I had mentioned and at least
(14:01):
one professional baseball player. A former player, Octavio Dotel, who
I mentioned, had played for the Cardinals. He won a
World Series with the Cardinals, but he played for thirteen
other teams, including the Dodgers. So Golf Masters begins tomorrow.
Golf coach Matt Thurman was escorted off the practice range
(14:22):
this morning at the Masters at Augusta. Do you know
why he was wearing shorts? And as a player or
coach or caddie, you cannot wear shorts. You should on
the course or the practice rung.
Speaker 2 (14:38):
He should know this. It's like the Yankees with facial hair.
Speaker 3 (14:42):
So he's working with this new amateur kid, Hosele Biastaire,
I guess for this year's Masters, and he showed up
on the practice range to help his buddy out, help
his mentee, and the officials that Augusta escorted him off
the course till he went to go change his pants.
Angels beat the Rais yesterday four to three, four oh five,
(15:02):
first pitch there in Tampa. Dodgers lost again to Washington
eight to two, so they'll play. They have an afternoon game,
so one oh five first pitch for them. We've been
talking about the tariffs. Of course, China vowed to fight
to the end in this escalating trade war with the
United States, and they announced that they would raise tariffs
on goods to eighty four percent starting tomorrow.
Speaker 1 (15:24):
Some people are visiting Apple stores this week they want
to get an upgrade on their iPhone before the prices
of the iPhones rise. China, obviously, is where Apple produces
the bulk of its iPhones. Insert sweatshop stupid joke here.
(15:44):
With Trump increasing the minimum tariff on Chinese goods to
one hundred and four percent, this will drive up the
cost of Chinese made goods in the United States, which
is pretty much I don't want to say everything, but
it's Chinese made goods. Are you abiquitous? And the iPhone
is just a really great example of one. The thing
with the iPhone, I don't understand why it's such a
(16:06):
talking point with this is it's something that you buy
and then you've bought it. It's not something you buy
every week. It's not the stuff at the grocery store.
It's not the reoccurring costs of the things from China
that we're going to be buying hell of a lot
more than the iPhone. You buy a new Well, I
buy a new iPhone, and then I wait several years
before I buy the next one. I will buy the
(16:27):
next one in the next administration, probably, So that's not
gonna that's.
Speaker 5 (16:32):
Not gonna effect you because you and I are the
same way.
Speaker 3 (16:34):
And that I I'm not getting rid of that thing
for a long time.
Speaker 1 (16:37):
Yeah, the new iPhone doesn't come out and I go,
I have to get it. I have to pay one
thousand dollars to get something that has a better camera.
Speaker 2 (16:43):
Like, that's just not how I live.
Speaker 1 (16:45):
I know that people do live that way, But there's
so much other stuff from China that's gonna hurt every
day every week starting now.
Speaker 3 (16:53):
Well, and I think it's it's because it is a
significant piece of technology. It's not a piece of plastic
that we're getting from China. It's something that is an
example of how complicated international manufacturing has become. So Fox
Cohn makes the iPhones, They assemble the iPhones. They employ
about three hundred thousand people in iPhone City. It's a
(17:16):
place called Jengzhu, China. And Apple, knowing that this tariff
thing was down was coming down the pike, they had
said they would be outsourcing some of their phone assemblies
to India, which has its own manufacturing workforce already in
place and ready to go. If you were to do
this in the United States, and again that's part of
(17:38):
what the pressure is is to get manufacturing back into
the United States. That kind of internationally sourced parts and
pieces that go into a product like an iPhone would
mean you would have to have similar set up here
in North America. For example, about forty different parts and
(18:00):
pieces from the iPhone come from different countries. Most of
the complex and the specialized pieces come from about a
half a dozen countries, and.
Speaker 5 (18:10):
Those are made in or near China.
Speaker 3 (18:14):
China's close to Taiwan, South Korea, Japan, where some of
the other big important pieces come from. The only realistic
path to an assembly line here in the United States
is to reconstruct the supply chain by shifting some of
the components out of Asia into North America, Canada, Mexico,
something like that, and even northern Europe. But that's difficult.
(18:36):
That doesn't just happen automatically. It's taken decades for that
supply chain to develop into China. It would take arguably
as much time maybe to redevelop here if the United
States was to kind of be the key for all
of it. The other thing is it would require a
(18:58):
dramatic increase in the amount of manufacturing jobs here in
the United States. I mentioned that there's about three hundred
thousand that live and work in this iPhone city, this
jiang Zhu, China that work for Fox con Hiring is
one of the biggest problems that we face here in
the United States. There's a skills gap. In twenty seventeen,
(19:21):
Tim Cook said the incentive to build in China wasn't
the fact that it was cheap labor. Tim Cook said,
it's that it's advanced tooling and that the United States
you could have a meeting of tooling engineers and they
couldn't fill a room. In China, you could fill football
stadiums with people who know how to engineer the.
Speaker 5 (19:43):
Team as it would be required.
Speaker 2 (19:45):
We know this.
Speaker 3 (19:46):
So all of this thing then it takes mountains of money.
Not only do you have to have the jobs, you
have to have the parts. You have to have the
money to just build a facility somewhere. Where are you
going to put that? In China, they have a city,
They literally have us yep that they build this stuff
and we don't have the place for it.
Speaker 1 (20:04):
So it's why we ride. It's a small world. Different
lands bring us different things. You know, I'm not going
to go to China for for a hot dog. I'm
not going to go to the side of garlic fries.
That's that is a brilliant analogy. Thank you, Thank you
(20:24):
very much. You've seen land Man. This headline reminded me
of land Man. Oh Mexico warrens against potential US drone
strikes on cartels.
Speaker 2 (20:40):
Could you imagine that? I wouldn't. I don't think that's
a bridge too far either.
Speaker 5 (20:44):
It's not. It's not too far away from reality. Right.
Speaker 1 (20:48):
We'll talk about what the likelihood that will be that
the US would deploy drones against the cartels there at
the border.
Speaker 6 (20:55):
You're listening to Gary and Shannon on demand from KFI
ams stories.
Speaker 1 (21:03):
We're following for you today and we continue to check
up on Wall Street. Another volatile day. Stocks have been lower,
have been up and down since then, per usual. A
China announcing an additional fifty percent in retaliatory tariffs on
US imports today in response to the one hundred and
four percent tariffs on Chinese imports announced overnight.
Speaker 3 (21:24):
The president of Iran has again said what We're not
trying to get a nuclear bomb US. This, of course,
coming ahead of talks between Tehran and the United States,
eve entangled the prospect of direct American investment in Iran
if they can reach some kind of a deal. This
President Makmood Poseshkian said that this is not the previous
(21:49):
stance from Iran after the twenty fifteen nuclear deal at
the time. Back then, Iran sought to buy American airplanes,
but in effect barred US companies from coming into the country,
such that business proposal could now draw the interest of
President Trump.
Speaker 5 (22:03):
We shall see how it goes.
Speaker 1 (22:04):
On Saturday, there are reports the Trump administration is considering
drone strikes against cartels. The Mexican President Claudia Sinbaum has
reiterated her strong opposition to anything of the sort. She
told reporters today, we do not agree with any kind
of intervention or interference. This has been very clear, very
(22:27):
sensitive topic, as you can imagine. They say that it
has been talked about in the current administration aerial strikes
on cartel targets, and that the administration is prepared to
act unilaterally if Washington cannot secure Mexican support, why wouldn't it.
That is the way that this administration likes to operate unilaterally.
Speaker 2 (22:49):
I will just do it. We don't want to wait
for the okay, what is it? Ask forgiveness and not permission.
Speaker 1 (22:56):
Yesterday, NBC News sited six current and former US of
officials saying that Trump is weighing drone strikes to crack
down on the narcotics that have streamed across the border.
Speaker 3 (23:09):
There is an agreement in place. What I don't quite
understand is what Claudia Scheinbaum. What is Claudia Shinbaum's view
on Mexican drug cartels.
Speaker 1 (23:19):
Well, it's a very delicate relationship between the powers that
be in Mexico and the cartels. Look no further than
al Chapo and what he was able to do for
governmental figures and the community as well. I mean, they
are you think our government's in bed with the FDA
and the pharmaceutical companies. This is a government that's in
(23:40):
bed with the cartels. It's a dangerous trip wire exercise
in terms of surgically going after the cartels without going
after the Mexican government.
Speaker 3 (23:52):
But there is an agreement in place right now to
a stepped up military surveillance and CIA surveillance flights over
Mexico in an attempt to gather information about what the
cartels are and what they're doing. And I don't know
enough about that agreement. I would hope that that would
include intelligence sharing, not just from what we get sharing
(24:13):
with Mexico, but what Mexico has and knows that they
would share with us.
Speaker 1 (24:18):
Mexico's not going to share anything. Mexico cares about money.
Mexican government cares about money they get from the cartels.
That's why there's so much poverty. The government doesn't care
about the people in Mexico, and they certainly don't care
about sharing anything with us.
Speaker 3 (24:37):
There's a guy who is a professor of government at Cornell,
Gustavo Flores Masius. He said the Mexican government would face
if there were drone strikes, the Mexican government would face
tremendous domestic pressure to respond in the strongest possible terms,
including severing diplomatic relations with the United States and collapsing
bi national cooperation on migration, security and other topics. That
(25:01):
to me is an how could you possibly do that?
They in terms of the share of geography that we
have with Mexico.
Speaker 1 (25:10):
This is the administration liking the idea of sending drones
to take out cartels. It's very Saturday Morning cartoon. It's
very cool sounding. Let's send in the drones and that
way we can say we're fighting the drugs flowing across
the border. But when you get into what that all means,
like what you were just saying, it gets very much
(25:30):
more complicated than just a showing of air power.
Speaker 3 (25:36):
There was a when Claudia Scheinbaum took office. It was
a strict departure from President Manuel. A lot of names,
too many names, many of I think I got three
out of the six. Yeah, he talked about hugs not bullets,
(25:57):
and that's always a great slogan, mean bloone. She at
least was able to drop that and has a sort
of backbone to her when it comes to fighting these cartels.
Speaker 2 (26:07):
Well it's not hugs.
Speaker 3 (26:09):
Well, there's an awful story that has been bubbling in
the valley in this valley, San Fernando Valley that reached
up into the Antalope Valley as well. This soccer coach
who is now accused of killing a thirteen year old
soccer kid. There has been a history of abuse.
Speaker 2 (26:28):
To which the question comes to mind right away.
Speaker 1 (26:30):
Why was he free? Why was he in this country?
Why was he allowed to continue coaching kids. We'll get
into that history when we come back to Gary and Shannon.
Speaker 5 (26:40):
You've been listening to The Gary and Shannon Show.
Speaker 3 (26:43):
You can always hear us live on KFI AM six
forty nine am to one pm every Monday through Friday,
and any time on demand on the iHeartRadio app.
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