Episode Transcript
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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 (00:07):
Remember the Navy fighter jet we told you about yesterday
fell off the side of the USS Harry S.
Speaker 3 (00:11):
Truman parent emergency maneuver.
Speaker 2 (00:14):
The new details coming out say that this was a
maneuver to evade a missile launched at the aircraft carrier
by the Hoothies. Navy confirmed that a super Horner fen
Fa eighteen E and the vehicle that was towing it
fell into the Red Sea. The towing crew apparently lost
control during operations there in the hangar bay, not up
(00:35):
on the top deck. The pilot and the driver of
the tow vehicle they were able to jump before the
vehicles went in the water. Roughly sixty million dollars.
Speaker 4 (00:44):
This sounds like a cover our ass story.
Speaker 1 (00:49):
Hey, somebody screwed up a couple somebody screwed up, and
that's what happened, and it was a very expensive screw up,
and it's embarrassing as hell, and just leave it at that.
Speaker 2 (01:00):
Well, I can't imagine what the emergency maneuver they're claiming. Yeah,
come on, give me a break You screwed up?
Speaker 3 (01:06):
All right?
Speaker 2 (01:06):
The President, the tariffs, Amazon, what is going on?
Speaker 3 (01:10):
It's time for a Gary and Channon show breakdown? So
why doesn't somebody tell me what they think.
Speaker 5 (01:15):
Is going on?
Speaker 3 (01:16):
Those can be hard explain this to me like I'm
a two year old.
Speaker 5 (01:19):
Okay, you need a breakdown with Gary and Shannon.
Speaker 4 (01:24):
It starts with.
Speaker 2 (01:26):
A report that Amazon was going to display the cost
of tariffs next to the total price of products on
its site. This was a question this morning posed to
Caroline Levitt and Scott Bessen, the Treasury Secretary at the
White House.
Speaker 6 (01:42):
So it was reported this morning that Amazon will soon
display a little number next to the price of each
product that shows how much the Trump tariffs are adding
to the cost of each product. So isn't that a
perfect crystal clear demonstration that it's the American consumer and
not China is going to have to pay for these policies.
Speaker 7 (02:03):
I will take this since I just got off the
phone with the President about Amazon's announcement. This is a
hostile and political act by Amazon.
Speaker 3 (02:13):
Why did Amazon do this.
Speaker 7 (02:14):
When the Biden administration heighted inflation to the highest level
in forty years? And I would also add that it's
not a surprise because, as Reuters recently wrote Amazon, Amazon
has partnered with a Chinese propaganda arm.
Speaker 1 (02:29):
Okay, go on, I was just going to say that
the word hostile evokes a terminology that's used for war,
a hostile act. Anyway, the administration's reaction, Amazon says was
based on a misinterpretation of internal plans being considered by Amazon,
(02:53):
rather than a final decision made by the company. They
considered the idea Amazon's Hall did, that is their recently
launched low cost storefront. They considered the idea of listing
import charges on certain products, but this was never an
approved idea.
Speaker 2 (03:12):
They also were looking at adding a separate line item
to products on the Hall site in response to the
removal of the dominimous trade loophole. That consideration was not
related to the tariffs one hundred and forty five percent
tariffs that we've seen on imports from China.
Speaker 3 (03:29):
Now.
Speaker 2 (03:29):
Punch Bowl News was the organization that originally reported that
Amazon Big Amazon would soon in quotes, begin displaying the
cost of tariffs alongside the price of each product, citing
a source familiar with the company's plans. Again, as of
right now, Amazon said it did consider displaying import charges,
(03:51):
but that it was never approved and that it is
quote not going to happen.
Speaker 1 (03:54):
Small businesses are having a tough go of this, not
the Amazons of the world. They are reporting dwindling inventory,
skyrocketing invoices, and the Trump administration has raised tariffs on
goods from China to one hundred and forty five percent
in early this month, early April. Now, he did say
(04:16):
last week where we last left off with Trump, he
said he expected the tariffs to come down substantially. And
that is kind of what small businesses are laser focused on.
When the back and forth causing a lot of problems
when it comes to what is a bottom line without
a lot of wiggle room with these businesses.
Speaker 2 (04:36):
The bigger businesses are getting some concessions. Trump is expected
to soften the automotive tariffs. It would prevent duties on
the foreign made cars from stacking on top of the
other tariffs that he is imposed. So as of right now,
the Wall Street Journal is reporting that automakers that pay
the car tariffs will not be charged for other tariffs
(04:57):
things like steel and aluminum. Move would also be retroactive,
meaning that those car makers could be reimbursed for things
that they've already paid. The twenty five percent tariff on
finished foreign made cars went into effect earlier this month.
Speaker 1 (05:12):
The Treasury Secretary Scompssent says the goal there is to
help automakers create more domestic manufacturing jobs.
Speaker 4 (05:19):
I don't know if that's going to happen.
Speaker 1 (05:21):
Well, we're okay in this department, so let's create more jobs.
Speaker 4 (05:26):
I don't see that happening.
Speaker 1 (05:27):
You're not getting that much savings to create jobs domestically,
at least not at this point.
Speaker 2 (05:32):
And in the meantime, we're starting to see the very
immediate effects of the tariff war in that the imports
into the ports of LA and Long Beach are going down.
An interview this morning Jean Soroca, who has one of
the most polished speaking abilities I've heard in a long time,
actually explains what we're going to see in the next
(05:54):
couple of weeks here in LA and Long Beach.
Speaker 4 (05:56):
We'll talk about that when we come back.
Speaker 5 (05:59):
You're listening to Gary and Shannon on demand from KFI
AM six forty.
Speaker 2 (06:04):
This was an interesting legal filing in the Sean diddy
Combe's case. His legal team has claimed that he might
not have been mentally capable of committing crimes. He might
not have been mentally creative capable of committing crimes because substance.
Speaker 1 (06:25):
Abuse, and I would argue beloney and then present a
treasure trove of evidence of all the businesses that he successfully.
Speaker 8 (06:33):
Ran while while Hi Hi are wasted, or what happened?
He is locked up without bail. Of course, trial is
set to begin May fifth. That's surprising, but prosecutors just
a couple days ago had to file a motion to
dispute any testimony that would suggest that he didn't have
the mental capacity to break the law.
Speaker 1 (06:53):
Ship mints from China the west coast of our country
are going to plummet next week. Before we get to
the details on that, how about your chance at one
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Speaker 2 (07:27):
Keyword green goes on the website. We'll do it again
an hour from now. That is give you a chance
to win one thousand bucks, So to pay attention. Geene Soroka,
executive director of the Port of La gave an interview
this morning CNBC, and he was talking about the impact
that tariffs and the fight over tariff's potential trade war,
et cetera, is going to have at the point of
(07:49):
the spear when it comes to imports, which is the
largest port on the West Coast.
Speaker 9 (07:53):
The ports of La and Long Beach should be down
just a little bit over thirty five percent next week
compared to last year. And it's a zipitus drop in
volume with a number of major American retailers stopping all
shipments from China based on the tariffs.
Speaker 2 (08:08):
The interesting thing I think about this is the way
he described not just the port, but the shipping companies
themselves trying to make up for this, because remember, China
makes up the bulk of imports into our country. We
get most of our stuff that he referred to it
as China is our factory in that they produce so
much so the shippers are going to try to go
(08:30):
elsewhere perhaps and get other things to pick up before
they come into the United States.
Speaker 9 (08:35):
Now, what we have heard in talking directly to CEOs
and senior executives of the shipping lines is they'll try
to add a couple of port calls in along the
Southeast Asia routes where cargo is still moving, albeit at
a ten percent tariff. But realistically speaking, until some accord
or framework can be reached with China, the volume coming
(08:56):
out of there, save a couple of different commodities, we'll
be very light at best.
Speaker 4 (09:01):
Well, yeah, you want to leave everything where it is.
Speaker 1 (09:03):
You don't want to unpack it if it's going to
cost you more to either buy it or sell it, right,
So why would you have any sense of urgency? I
would just leave things where they are until something gets
ironed out here.
Speaker 2 (09:15):
Well, on this his description of how long it takes
to iron things out is going to be important as well.
Speaker 1 (09:22):
And that's what goes back to what I was talking
about the last segment with small businesses wondering, you know,
with their inventory dwindling, is they don't want to buy
new stuff at a heightened rate if they can wait
because there's no wiggle room when it comes to the
bottom line.
Speaker 2 (09:36):
Yeah, So if you are that small business that relies
on raw materials from China or even finished products from
China that you resell, does it make financial sense to
try to find a new supplier in a place like
Cambodia or Vietnam.
Speaker 9 (09:50):
Major American retailers put their orders into factories in Asia
three or four months before a vessel even sales our way,
which is an additional two week transit time. So simply
shifting from your manufacturer in China over to Cambodia, Vietnam,
Indonesia that quickly normally doesn't happen. There's some negotiations that
(10:10):
have to take place in addition to finding the necessary capacity,
because a lot of folks are running to these locations
now to try to augment the loss of volume coming
out of China.
Speaker 3 (10:20):
This guy has taken a public speaking class.
Speaker 8 (10:22):
Clearly is that name sounds very familiar? Soroka as head
of La Port, I know who is now.
Speaker 2 (10:31):
And then he described this is what in terms of
on the streets for consumers, what the impact would be.
We are going to see a shrinking of materials, a
shrinking of inventories, but we're not necessarily going to see
empty shelves completely. Now I don't see a complete emptiness
on store shelves or online what we're buying. But if
(10:52):
you're out looking for a blue shirt, you might find
eleven purple ones and one blue in a size that's
not yours. So we'll start seeing less choice on those
shelves simply because we're not getting the variety of goods
coming in here based on the additional costs in place,
and for that one blue shirt that's still left, you'll
see a price hike. So if you're in the market
(11:13):
for a blue shirt right now, he says there's about
five to seven weeks, depending on the industry, five to
seven weeks of inventory for just different products, and that
if we don't see a lot of movement within the
next couple of weeks, that's when you're going to start
seeing things. As we get deeper into May, probably early
(11:36):
to mid June is when we're going to start actually
noticing some of the shortages that that have been threatened
because of the tariffs. So and again the President has
said this one hundred and forty five percent tariff on
Chinese products will not last that that there will be
some movement.
Speaker 3 (11:54):
We just don't know what sort of a timeline that is.
Speaker 2 (11:56):
We've also not been shown any of the deals that
have been worked on right now between the United States
and other countries outside of China that I think would
have an impact at least on consumer sentiment, that they
the feeling that something is being done.
Speaker 1 (12:12):
I don't know, because until they get to China, I mean,
I don't really I don't know how much the deals
with the smaller places or smaller trade organizations matter.
Speaker 2 (12:25):
I just think at least there would be some momentum.
At this point. They keep talking about it and they're
not showing any sort of progress.
Speaker 4 (12:33):
Yeah, So I don't know.
Speaker 1 (12:35):
Yeah, that would be nice to see something, right, something tangible.
All right, coming up next, If you see some smoke
in the Palisades, don't panic. There's a reason for that.
We'll talk about it when we come back.
Speaker 5 (12:48):
You're listening to Gary and Shannon on demand from KFI
AM six forty.
Speaker 2 (12:53):
We're going to see fire again over in the Palisades
this week. The Bureau of Alcohol, Tobacco, Firearms and Explosives
is now looking into the cause of the fire, and
they're at a place where they're trying to recreate some
of the conditions that existed back on January seventh to
see if they can actually come up with a cause
of the fire at this point. Unlike the fire in
(13:16):
Altadena later that same day, this fire, the Palisades fire,
started in an area where there were no power lines,
and that is causing quite a mystery. It's a pretty
heavily trafficked area. They're talking about the Temscual Ridge trail
between Skull Rock and Green Peak. That's basically where the
(13:41):
fire was first detected at about ten thirty that morning,
January seventh. They say the focus has been on whether
the fireworks fire from the week before might have somehow
stayed smoldering for a week and then as these you know,
very very heavy winds came in that morning, that it
(14:04):
was reignited. That's probably the best theory that we have
right now outside of somebody literally starting the fire themselves.
Speaker 1 (14:12):
This test is going to run until Thursday. Super interesting
if you are involved with fire science and you have
any sort of intel on how these things happen and
how fire behavior can replicate itself as well through certain
terrain and terrain that has been changed as well, so
(14:35):
that'll be interesting. They say that's going to be through
this evening through Thursday. This burn also of note, right
now as we speak, firefighters are conducting a prescribed fire
of brush piles.
Speaker 4 (14:48):
Near the well.
Speaker 1 (14:50):
Not really kind of in the foothill area. So you're
going to see it in Glendora, Azuoza surrounding communities, so
not Alta Dina, but in that general foothill area up
there against the two. So if you see any fire
there along State Route thirty nine, that is what's happening.
That is a controlled prescribed burn.
Speaker 2 (15:08):
And as I mentioned the one of the palisades, they're
pretty sure there are no it's probably going to be
sourced to us, to humans. We did something, sure, because
there are no power poles near that point of origin.
But some homeowners in the palisades are still suing the
power companies because they're saying that the power lines fueled
(15:29):
the problems, made it worse.
Speaker 3 (15:31):
So a little bit earlier, we were.
Speaker 2 (15:32):
Talking about physical media, think of like records, DVDs and
how sales have gone up. In fact, vinyl sales have
increased every year over the last eighteen years, and that
physical physical media sales have gone up by about eleven percent.
They jumped from twenty twenty three to twenty twenty four.
(15:53):
Everybody's going back to the old fashion.
Speaker 10 (15:55):
Why definitely held on to my vinyl. I actually have
the Beatles' second album, Gilbert O'Sullivan, Dan Fogelberg, John Denver,
Gordon Lightfoot, a little early Neil Diamond, hard rock. I
don't know why I didn't get it. Oh, Helen Ready,
I was just gonna say, a couple in there never
(16:15):
was a Barber streisand Fan. Let that one go.
Speaker 1 (16:19):
Ok well, listening, Helen Ready, that's I am woman. I
got a little if you could read my mind there
with a little Gordon Lightfoot, a little uh. Let's see here,
Dan Fogelman. That his name, So she said, I gotta
(16:41):
I gotta go back in time. Dan Fogelberg, Fogelberg, Okay,
let's see here.
Speaker 4 (16:51):
Okay, leader of the band.
Speaker 3 (16:52):
Of course, the.
Speaker 10 (16:54):
Band is gone.
Speaker 5 (16:56):
Garry Shannon.
Speaker 2 (16:58):
I have oh of my CDs from the nineties, the
two thousands, early two thousands.
Speaker 5 (17:07):
I even have the cases. I have all of it.
Speaker 3 (17:11):
I didn't throw any of it away.
Speaker 5 (17:13):
I have every single one.
Speaker 3 (17:15):
I have probably three hundred and my.
Speaker 5 (17:19):
Kids make fun of me. My wife makes fun of me.
Speaker 3 (17:24):
I don't think my kids know where my CDs are.
Speaker 2 (17:27):
They that was never there, That was never they didn't
bother no, And I think I probably have about two hundred.
Speaker 3 (17:34):
Sure, maybe I.
Speaker 11 (17:35):
Had the first eight track tape of the original Van Halen.
Speaker 7 (17:41):
Ooh nice sendy LP, then the cassette, the CD.
Speaker 4 (17:47):
I had it on my computer, my iPod. Now I
have it on my Live by Life.
Speaker 2 (17:55):
That was slacker.
Speaker 1 (17:57):
Well, gang, we can all meet for bingo at noon
following our luncheon. Consumme will be served in the front
living room at two thirty.
Speaker 3 (18:07):
Did you hear did you hear Jack choked on his
jelly the other day?
Speaker 11 (18:11):
Heyter Gary Shannon, This is Larry from the Beverly Hills area.
My friend Nancy, who invented couples disco dancing in nineteen
seventy three, literally has maybe a thousand record albums going
back all the way to the early nineteen hundreds, editing machines.
Everything you could possibly imagine.
Speaker 4 (18:31):
Sounds like a lot of dust.
Speaker 11 (18:32):
Oh, by the way, disco was not created in New
York City by Puerto Ricans. It was a white woman
in the.
Speaker 8 (18:38):
Hamhouse everybody knows that wait to whitesplaining disc out the guy.
Speaker 2 (18:42):
My brother in law had a huge album collection. Used
to be a few hundred vinyl records, but the largest
collection I ever saw was an old program director I
had when I was working in Chico. This guy had
come from Georgia kind of a flight.
Speaker 3 (19:00):
Let's just say he didn't hold a lot of jobs
for very long.
Speaker 2 (19:03):
Uh, But the thing that he traveled with was a
couple thousand, two or three thousand records that he would
constantly would take everywhere he went. And he was in
jobs for eighteen months two years, so he moved all
the time, but that was the thing he kept with
him the whole time. And I remember going to his
house one night and seeing thousands and thousands of records,
(19:25):
and he had stories for every one of them. Did
he because he was he was a music guy forever?
Roof for you, I don't think so?
Speaker 4 (19:32):
Yeah, unclear, isn't it?
Speaker 3 (19:34):
Yeah?
Speaker 4 (19:35):
But what I remember if he did, it could the
whole point of a roofing. Excellent point.
Speaker 1 (19:42):
We've got terror the Skuys on deck when we come back.
Speaker 5 (19:46):
You're listening to Gary and Shannon on demand from KFI
AM six forty.
Speaker 3 (19:51):
It's time for Terror in the Skies.
Speaker 5 (19:54):
Fight zero and every other get on my plane, Victor.
Speaker 7 (20:01):
Enough is enough.
Speaker 5 (20:03):
I haven't had put these mumpy pine snakes on this money.
It's Gary and Shannon's Terror in the Skies on k Fox.
Speaker 4 (20:13):
So stupid. The more I think about it, the more
it angers me.
Speaker 1 (20:17):
And that's stupid. I'm having an overreaction. I'm overreacting to.
Speaker 4 (20:20):
Everything because of what I said.
Speaker 3 (20:21):
I mean, I mean to be mean.
Speaker 1 (20:24):
Comparing me to the prices, right lady? Yeah, well I
mean it wasn't great.
Speaker 3 (20:29):
Sorry, I won't do that again.
Speaker 1 (20:32):
I mean, you compared me to like an eighty three
year old woman.
Speaker 4 (20:36):
But that that's fine. What are we doing?
Speaker 2 (20:40):
A female passenger on a self lest Airlines flight? Uh
proved the old adage that when you gotta go, you
gotta go.
Speaker 4 (20:48):
Did she go directly on this seat? And you're gonna
have to.
Speaker 1 (20:51):
Talk because I listen. Sometimes when you gotta go, you
gotta go.
Speaker 2 (20:56):
She was flying flight four eighteen. You know that one
from Philly to chick was midway. Sure, some sturdy people
on that flight. She took off her clothes, Okay, empty
the old.
Speaker 4 (21:10):
No it matters.
Speaker 3 (21:11):
But what does she look like don't know, I don't know.
Speaker 4 (21:14):
Does she look like me and Nita from Prices? Right?
Speaker 3 (21:16):
Oh, I'm sorry, I won't ever do that again.
Speaker 1 (21:21):
I mean, is she like, is she somebody who presented
like they were going through something? Or is it somebody
who looks like, you know, a perfectly acceptable contributing member
to society?
Speaker 2 (21:32):
Like did she was she wearing video a smart pencil
skirt and yeah suit exactly exactly?
Speaker 4 (21:36):
I doubt it because that's always more fun, isn't it.
Speaker 3 (21:39):
But she my side of the yeah, was human fecal matter?
Speaker 2 (21:44):
Yeah, there was that one seat where she had pooped?
How much poop are we talking about? Are we talking
about just like a little bit or like a.
Speaker 4 (21:53):
Whole to do?
Speaker 3 (21:55):
And what is the what is it on that scale?
What is the what is the name of that scale?
Speaker 4 (22:00):
The poop, the size?
Speaker 3 (22:03):
The Bristol stool chart is what I'm thinking.
Speaker 4 (22:05):
Wow, there's a chart.
Speaker 2 (22:06):
There's a chart that when you go to the doctor
and you complain about g I issues, they will ask you.
Speaker 3 (22:13):
There's a poster. It's a chart.
Speaker 2 (22:16):
Really is it a little you know, hard and crumbly
like a rabbit or is it just like your pop
will tell you a lot of broccoli, bullar base or
something like that. Oh god, I don't know where. I
don't know where she would be. Well, they refer to it.
(22:39):
There's type one through type seven. If type one would
be rabbit droppings, type seven would be gravy.
Speaker 3 (22:47):
And I'm not.
Speaker 2 (22:48):
Saying that that's from that's from the Stanford.
Speaker 4 (22:54):
Anything more about the chart or the depictions.
Speaker 2 (22:58):
Remember the Bristol stool skin. It will come up in
conversation again. In this case, they say they took the
plane out of service so that they could clean it,
and that the team from Southwest is reaching out to
those on board to apologize for the situation and any
delay to their travel planes.
Speaker 8 (23:14):
If apparently she started yelling at first, I could see that,
and she was man and she was rubbing her naked
body all over the flight attendant.
Speaker 2 (23:26):
No, that's not funny. That's all that happened. Funny, I
mean assaulted. That that would be not be considered battery.
Speaker 11 (23:32):
Right.
Speaker 8 (23:33):
Can you imagine stories such a great story.
Speaker 3 (23:38):
Even if you're right next, even if you're across the aisle.
Speaker 1 (23:40):
It's man, The things that I will subject myself to
for a great story is ridiculous.
Speaker 4 (23:45):
And this is one of them.
Speaker 1 (23:47):
Like, if I had this story to tell, I would
gladly be on a flight with a naked woman who
rubbed herself against me and then crapped on a seat.
Speaker 4 (23:53):
Like, absolutely, sign me up for that story.
Speaker 2 (24:03):
There's also something on going on at Newark and New
Jersey which is weird. But the FAA is gonna dramatically
slow down traffic at Newark Liberty Airport because of some
equipment problems and some staffing issues. So if you're flying
anywhere in and around Newark Liberty.
Speaker 4 (24:21):
Anyone I tell you look like Drew Carrey.
Speaker 3 (24:24):
I'm sorry. I won't do that again.
Speaker 1 (24:26):
I meant it as before you had the surgeon, you
took it glasses on. You know, tall white guys thin,
and now that he's lost the weight, you guys are
probably how old is he?
Speaker 4 (24:38):
Probably similar age?
Speaker 11 (24:39):
Right?
Speaker 12 (24:40):
I think he's late fifties, sixty six, so wow, comparable.
I'll continue right after this.
Speaker 3 (24:52):
You've been listening to The Gary and Shannon Show.
Speaker 2 (24:54):
You can always hear us live on KFI AM six
forty nine am to one pm every Monday through for
and anytime on demand on the iHeartRadio app.
Speaker 5 (25:07):
Mm hmm