September 22, 2025 • 30 mins
#SWAMPWATCH – Trump H-1B Visa Crackdown + Leucovorin. LAX Airport Culture Cardboard Box Econ. Friends with shared bank accounts.
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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):
Gary and Shannon kfi AM six forty Live everywhere on
the iHeartRadio app. A couple of things going on today.
A teenager has been arrested on suspicion of orchestrating a
cyber attack against Vegas, specifically MGM Resorts in Vegas. Someone
allegedly found an MGM grand employee on LinkedIn.
Speaker 1 (00:30):
I was just there on Monday, and then.
Speaker 2 (00:31):
Impersonated them and called the company it department to ask
for a password reset. Once it was granted, said that
basically you could get into MGM's internal systems in about
ten minutes. Wow, there are smart people out there who
are not stuck on TikTok. Between August and October of
twenty three, you remember several casinos hit by this organized
(00:52):
cyber threat group going by the nickname Scattered Spider. They
were able to disable hotel card keys, hotel slot machines,
They were preventing bookings and reservations. If you the nightmares
of people hundreds deep in these lobbies trying to check
into their hotels. MGM said they lost one hundred million
(01:13):
dollars as a result of the disruption.
Speaker 1 (01:15):
Well, there is a new fee for a visa. This
is the H one visa. Talented people from elsewhere coming
to America. It's going to cost a lot more for
them to make that track. Will companies pony up. It's
where we kick off swamp watch. Well, India, as you know,
kind of counts on rotating skilled talent into the United States.
(01:40):
And now they say that this is going to be
a complete overhaul. It's a two hundred and eighty three
billion dollar information technology sector that's going to have to
change the way they do business because Trump wants to
put a new fee on these H one B visas
of one hundred thousand dollars.
Speaker 2 (02:01):
Now, this is going to apply to new applicants, not
the holders, the current holders of the H one B visas.
There was some confusion about that until the White House
came and figured it out. But what they often do
is they rotate skilled people into the United States and
(02:23):
then send them back and get new people, et cetera.
I mean that's kind of this shared knowledge, if you will,
shared brain trust that comes in and leaves and what
they're going to do now. Immigration lawyers have been dealing
with these questions now because of the confusion about all
of this. The President accused the IT sector of manipulating
(02:45):
the H one B visa system and said that the
new fee is going to be steep. Managing partner for
a law firm Immigration Law said, we expect companies will
become far more selective in deciding which candidates to sponsor,
to reserve H one B five for only the most
business critical roles.
Speaker 1 (03:02):
I'm assuming this is part of Trump's America First plan
is to have skilled workers come from right inside this country.
For a very long time, you could bring in a
worker from another country who is very skilled and pay
them not as much money, and they have all the
IT skills that you would hope that Americans would have
(03:22):
but not always have. This is going to cut back
on the American dream of people in countries like India
that count on, Hey, I'm going to become a really
good at X, Y or Z, I'll be able to
get to America because of it. Well, not if you
don't have the one hundred thousand dollars or you don't
have the company in America. That's willing to write that
check to bring you here right.
Speaker 2 (03:42):
India is home to more than half of the world's
global capability centers. It's projected to host more than twenty
two hundred companies within the next few years. Market size
about one hundred billion, generates up to two point eight
million jobs, and the move to lead TO could lead
(04:04):
to more of those companies going to IT India in
order to set up shop because they're not going to
have to deal with those things.
Speaker 1 (04:11):
This was basically a conversation that was going to be
or a plight that was going to be put on
people in India and other places eventually because of AI. Yeah,
because we're just not going to need people any period
anymore for a lot of things, and some of those
jobs will be taken up by AI. You know, I
(04:33):
don't know how long this one hundred thousand dollars visa
thing is going to I don't know what companies are
going to be writing these checks to bring in workers
from India and elsewhere when they know they can fill
those jobs with AI. If not today, then probably tomorrow
or next Tuesday.
Speaker 2 (04:49):
The other aspect in DC today is that at one
o'clock at the White House President Trump is expected to
make a huge announcement. Among other things that the they're
going to talk about some connection between thailenol in pregnant
women and autistic children. One of the things that they'll
(05:10):
talk about also is luk of vorin, which is right
now being looked at as the potential drug to treat
autism luca. Luk of vorin has been around for decades.
It's a form of vitamin B nine known as folate,
traditionally used as an antidote to toxic effects of a
certain cancer drug. But they said new clinical trials, for example,
(05:32):
have shown a few things for a select group of
autistic individuals, not across the board, but for a group,
luc of orwin may boost communication and cognition in people
with autism have difficulty transporting folate to the brain, an
incredible essential nutrient for new development. They believe that this medication, lucavorin,
(05:59):
may help deliver more effectively. As an example, kid named Nathaniel,
eight years old, considered nonverbal because of his autism, communicated
through gestures and sounds and grunts and his parents. Because
there his parents became pretty skilled at interpreting them. Two
weeks after he got his first dose of lucavorn. He
(06:21):
began to speak not in single words but incocomplete sentences.
And the only thing that changed was the luc of orn.
His mother said, the first thing we noticed is he's funny.
He has a laundry list of things that bother him.
All of this began these I don't first, I don't
(06:41):
know how you start event that experiment, but I guess
you'd do anything as a parent to try to give
your kid the best chance. So the luca orn is
the drug that they're talking about potentially coming in as
that first treatment for autism.
Speaker 1 (06:57):
Oh are you right?
Speaker 2 (06:59):
I just swallow of my own spit better than somebody else's.
I suppose we should do the culture story. What's the
matter with your face?
Speaker 1 (07:10):
I don't know. I don't want you to get old.
And you're starting to have saliva problems, and that's one
of the first signs when you can't when you can't
control the saliva, you know, when it starts popping out
or causing you coughing, or.
Speaker 2 (07:28):
You're out of the splashes on. I think you're okay.
Speaker 1 (07:30):
There shouldn't be a splash that I'm saying, right, you know,
let's not make our way into the saliva issue phase
of life.
Speaker 2 (07:37):
Face mask, you know the stupid COVID hangover that we had.
Speaker 1 (07:43):
All right, you injected that face mask and COVID into
that conversation. Nobody else did, I know, nobody wanted that.
Now everyone's ewing, Everyone's ewing.
Speaker 3 (07:55):
You're listening to Gary and Shannon on demand from kf
I AM six four.
Speaker 2 (08:01):
Gary and Shannon KFI AM six forty live everywhere on
the iHeartRadio app on a Monday, September twenty second. We
are doing the show from the studio today.
Speaker 1 (08:13):
Yes, what was going to be your West Covina BJ's
first day of fall news and Bruce outfit. For those
of us who remain curious.
Speaker 2 (08:22):
Well, as you know, I am a fall?
Speaker 1 (08:26):
What does that mean?
Speaker 2 (08:26):
My colors? My color?
Speaker 1 (08:29):
My oh? You are a fall? Is that right?
Speaker 2 (08:31):
Is that you say that?
Speaker 1 (08:33):
I'm not sure it was. Yeah, I remember that from
like the late eighties, like that was a mom's thing,
Like what season are you?
Speaker 2 (08:40):
The fall?
Speaker 1 (08:41):
The summer?
Speaker 2 (08:41):
The I'm very earth tony you.
Speaker 1 (08:45):
I don't think you are a fall from what I remember.
Speaker 2 (08:48):
I certainly would not have worn a blue shirt like this.
This was out.
Speaker 1 (08:53):
No, yeah, I'm not really sure what you are. We're
probably the same thing, huh.
Speaker 2 (09:00):
I don't know. I don't know.
Speaker 1 (09:01):
I don't know either.
Speaker 2 (09:03):
I give Gary Brown's greens. I feel like you can
rock that.
Speaker 1 (09:06):
Maybe some bundy or so. I think browns are a
better choice for you and I both other than black,
because it were so washed out, already washed like white
and black for us is too stark for the lack
of pigment we have.
Speaker 2 (09:22):
Yeah, we need to need to out. Yeah, that's what
I was gonna do. I was even gonna wear my
my work boots.
Speaker 1 (09:32):
You were your fence boots. That'd be cool.
Speaker 2 (09:36):
Yeah, but now I'm gonna wear them for so Now
we got the heels today instead, right, I prefer a
good solid heel. LA World Airports Commission is previewing literally
shining the turd that is Lax. They want to put
(09:58):
the international gateway that is Lax front and center for
everybody that comes through that place better reflecting the region's culture, neighborhoods,
and creative energy.
Speaker 1 (10:10):
I love that. I love that. I think that'll be
very cool. It's long overdue. This should have been done
forty years ago.
Speaker 2 (10:16):
I do like it.
Speaker 1 (10:16):
When you go to airports and you get a little flavor.
Speaker 2 (10:20):
You do get a little flavor, you get a I mean, yeah,
I think it's Nashville. They have a series of the
announcements that play over the over the PA and they
are Nashville people, celebrities that are doing the announcements. Yeah,
and that's always a fun kind of a homey thing.
Ye used to be there, used to be one. Seattle
(10:42):
used to do it too, where they would have the
mayor or former you know, people whose voices you would recognize. Yeah,
that would do the PA announcements. Those were always fun. Sacramento,
I don't understand why there's a giant red rabbit Sacramento.
Speaker 1 (10:58):
Someone got high. Somebody got super high. The same guy
who designed Denver designed Sacramento. And also that area where
it's like a checkerboard with birds, different types of birds,
and you're like, who got super high? Then put this
design plan together and all the people in the conference
room who were not high were like a giant rabbit. Yes,
(11:22):
nothing says Sacramento like a giant rabbit. It's a most
random art installation.
Speaker 2 (11:29):
President commissioned President Kareem web said, lax is off and
the first impression the travelers have of our region, and
everyone who experiences should feel connected to the things that
make LA so special and unique, which is great. Listen,
you could do that. It does not take a lot,
I don't think. And in terms of capital, yes, you
could do some pretty amazing things. But you could also
(11:50):
just take some nice damn pictures and throw them up
on the wall. The old mosaic tiles that are down
in that basement hallway that's like four miles long. That
says nothing about La. But you've got miles and miles
of wall space where you could take some of the
most iconic images from LA, or faces of celebrities or whatever,
(12:14):
and put them up there and give people a better
impression of where it is that they're coming to. Not
nineteen sixty eight's most classic mosaic tile work. That stuff
doesn't do anything. City, of course, in lax getting ready
for the twenty twenty seven World Cup, sorry, twenty six
World Cup, twenty seven Super Bowl, twenty eight Olympic and
(12:36):
Paralympic games that are coming into town. So oh. The
other one about Seattle is the drinking fountains that make
bubbling creek sounds when you drink.
Speaker 1 (12:50):
Oh, they're a little yeah, vaguely, Sam.
Speaker 2 (12:52):
Remember that salmon that look like they're not real salmon,
like metal sculptured salmon that are appear to be flowing
down the walkway.
Speaker 1 (13:00):
Yeah, I like that airport from what I read.
Speaker 2 (13:03):
And Phoenix if you ever go to Sky Harbor. Hey,
it's one hundred and seventy five million degrees, which is
very much like the city of Phoenix. Yeah, so good
for them.
Speaker 1 (13:13):
All right, when we come back, we are doing something
very special. We're talking about cardboard.
Speaker 2 (13:18):
Boxes, box pockalypse.
Speaker 1 (13:21):
It's like lipstick, lipstick can determine the economy's health. Okay,
you've never heard this.
Speaker 2 (13:28):
Lipstick.
Speaker 1 (13:28):
Yeah, it's like lipstick is one of those things you
buy because you don't have to buy it. You buy
it because you want to buy it. And if you
want to buy something and you can't buy it, you're
not going to buy it, right. But if you got
a little extra cash, a little extra scratch, and you
want to buy a new lipstick, you're going to buy it.
Speaker 2 (13:44):
So when lipstick.
Speaker 1 (13:45):
Scales follow me just look at my face. Don't do that. Sorry,
I apologize for saying those words. When lipstick sales are up,
it shows that we have more expendable income. We can
throw away on things that we don't really need, like lipstick,
so it shows the economy is healthy. Cardboard box is
also an indicator. I know this is a fantastic tease.
Speaker 2 (14:08):
So if I we'll discuss it.
Speaker 1 (14:11):
Yeah, we'll talk about what your boxes mean for you
got it and the country got it.
Speaker 3 (14:18):
You're listening to Gary and Shannon on demand from kfi
AM six forty.
Speaker 1 (14:25):
Sometimes one look starts a conversation, has a conversation, finishes it,
and moves on with its life. That's what that look
was from you, and I appreciate it.
Speaker 2 (14:37):
Gary Shannon kfi AM six forty Live everywhere on the
iHeartRadio app. I just I don't think i've ever seen you.
Speaker 1 (14:44):
You talked me through my seaweed phase with one look.
Speaker 2 (14:48):
That was a very quick phase. You cracked open a
bag box a plastic wrap of a a seaweed wafer.
Is that what it was?
Speaker 1 (15:00):
Oh, they're just the Chris, It's like chips, but it's seaweed.
Speaker 2 (15:05):
You hear yourself, I know.
Speaker 1 (15:07):
And that's part of the conversation we had with just
that look you gave me, and that's why I threw
it in the trash, and I'm not going to eat
it anymore.
Speaker 2 (15:14):
I do not want to shame your dietary choices.
Speaker 1 (15:17):
That's not what you were doing. Do you want me
to get it out of the trash?
Speaker 2 (15:20):
Yeah, she's digging through the trash. Thank you? Mind how
many of those are left that looks like?
Speaker 3 (15:32):
What?
Speaker 2 (15:33):
Hell? No, I know what it tastes like. It tastes
like salt and seaweed. It's pretty good. Yeah, I'm sure
it is.
Speaker 3 (15:44):
And eight D is all the time I'm getting a Korean.
Speaker 2 (15:47):
I'm not I'm not saying it's not good. I'm not
saying it's bad. I'm just saying that there's an unexpected look.
Speaker 1 (15:59):
This is what you're looking. Said to me, It said,
are you effing kidding me? This is getting out of control.
I know you're trying to be healthy and you're trying
to make healthy choices, but you're going to be putting
pizza into that same mouth in about one hour. What
are you doing? Seaweed charade? Shannon? Are we really doing this?
(16:22):
This is ridiculous your looks at all of that. It said,
can we just move on now from this and just
realize that it was a phase and just let's never
have to go through it, is what your look said.
Speaker 2 (16:34):
Well, and then I just turned away. I just looked
out the window right for that, and I didn't see
you throw it away. I was going to allow you
to finish whatever that feeding thing was. Now you're eating.
Speaker 1 (16:45):
You were like, we're not doing this, You're you're taking
things too far yet again, don't be ridiculous. You're gonna
have pizza in an hour, is what your look said.
Speaker 2 (16:54):
And you were right. Get your bag of goldfish or
something like that. Cardboard pop, cardboard pocalyipse is how you
say it. I think US consumer goods sector is currently
facing what they said is cardboard box pocalypse. E commerce
(17:15):
packaging market has grown at seven point two percent annual
growth rate and seventeen point two percent globally, straining the
supply chains with material shortages labor gaps. Sustainable packaging is
gaining momentum. If you've noticed a lot of if you
(17:36):
subscribe or on a regular basis, whether it's meats or
clothes or food or medicines or whatever that you get
delivered to your house regularly, the packaging itself is a
whole lot thinner than it used to be. They said
that the consumer goods sector is navigating a shift, a
seismic shift driven by e commerce growth and sustainability mandates.
(18:01):
And at the heart of this is what has been
termed the cardboard box poc ellipse, describing the storm of
surging demand for all these packaging materials, bottlenecks in the
supply chain, and the need to come up with more
sustainable solutions.
Speaker 1 (18:18):
Well, the companies that are producing the boxes are closing.
They say. It's all about the production of the corrugated
cardboard boxes, in which more than seventy five percent of
all non durable goods are shipped. They've scaled back operations.
(18:40):
Nine percent of domestic production capacity is set to shut down,
which means that thousands of workers are going to be
out of jobs, the biggest such pullback since the Great
Recession of two thousand and eight. A guy by the
name of Jdarian Wooden as a Virginia tech economist, and
he says it's base a warning sign the pullback and
(19:01):
construction cardboard boxes and the construction of said cardboard boxes.
He says, if we were to assume that cardboard boxes
are a leading indicator, it would be a bad sign.
Of what's ahead. If they're cutting back on capacity, it
means a response to fewer orders, so there's a weaker
demand in the broader economy. And then if shipments keep falling,
other indicators like GDP or unemployment catch up, and that's
(19:25):
when you see all of those jobs being lost with
nine percent of the factory shutting down.
Speaker 2 (19:31):
Okay, So that okay, So to go back to your
lipstick analogy that the lipstick economic indicator. Yeah, that we
are now absolutely beholden to companies that will deliver stuff
to our house. Did you ever in your life have
(19:53):
a package delivered to your house when you were a kid? No,
I can't think of any time that that ever happened.
And now, and where are.
Speaker 1 (20:02):
Those boxes coming from? Because if they're pulling back production
here in the United States, those are boxes that are
being made elsewhere. So you're ordering all your crap from
other countries that's built they're building the boxes. Yeah, it's
all bad. The cardboard boxes are all the news with
that is bad for us right now. If this holds true.
Speaker 2 (20:25):
It's bad in terms of if we don't do anything
about it. One guy that I saw writing about box
apocalypse has said this is one of those very American
opportunities where somebody can come through, they can innovate, they
can come up with new technologies, perhaps whether it's the
recycling of old boxes or just coming up with a
(20:47):
new packaging system that makes things that much more sustainable.
Slash available because Amazon used to deliver everything in boxes, period,
and then they came up with those very plasticy but
padded pouches that they'll use pretty regularly now. And even
(21:08):
the boxes that they have been using have thinned out
quite a bit. It's cheaper to manufacture and and just
be I only use Amazon because they're the ones that
have probably cornered the market on cardboard boxes. You ever
think of a think of your best friend, I think
of two or three of your best friends, closest friends.
(21:31):
Would you share a bank account with them?
Speaker 1 (21:34):
No? I don't share a bank account with my husband. Yes,
well I do actually, but it's for things like you know,
the mortgage, but I don't. I'm not into coke. I'm
not a socialist or a communist. I like my own
stuff and I don't want to share.
Speaker 2 (21:52):
There is a there apparently is an investment trend of
people opening bank accounts with friends.
Speaker 1 (22:01):
Really, I can't wait to hear how this pans out.
Speaker 3 (22:06):
You're listening to Gary and Shannon on demand from kfi
AM six forty.
Speaker 1 (22:14):
I look forward to that.
Speaker 2 (22:16):
That's going to be a blast. Gary and Shannon kfi
AM six forty live everywhere on the iHeartRadio.
Speaker 1 (22:22):
Would you like your Jeopardy question?
Speaker 2 (22:24):
Oh gosh, today is the day first?
Speaker 1 (22:26):
Why not? Why not Jeopardy question.
Speaker 2 (22:28):
Of the fall?
Speaker 1 (22:29):
Let's do it?
Speaker 2 (22:30):
Please tell me it's about bottle.
Speaker 1 (22:32):
Uh? No, but it does have an odd odd words
for two hundred dollars. Oh, it's Russia, Shana today at sundown.
I didn't know that.
Speaker 2 (22:44):
Do you have plans?
Speaker 1 (22:45):
No? But uh, that was a surprise. That was a surprise, Russia, Shana. Okay,
oddwards for two hundred dollars. The white ponds in a
chest set could be called in og dowd, a word
for a group of this many items.
Speaker 2 (23:01):
Uh, what is eight?
Speaker 1 (23:02):
You're right, You're absolutely right.
Speaker 2 (23:04):
I never heard of that before.
Speaker 1 (23:06):
What do you mean you've never heard of it before?
How'd you know eight?
Speaker 2 (23:09):
Because I know there's eight pawns.
Speaker 1 (23:11):
Oh, okay, that's it. That makes sense.
Speaker 2 (23:13):
Reverse.
Speaker 1 (23:15):
You're good with the chess ladies. He builds fences. He
knows chess. I have not has a fall West covena
Bjy's outfit.
Speaker 2 (23:26):
That's gonna stay on my bed. I laid it out
last night. My wife's going to be so happy. A
novel way to maintain strong friendships creating a joint bank account. Now,
this is an NBC article that's the advice of Madison
Machen received last year while chatting with her seat mate
(23:48):
on a flight to New York. The one was onre
wait to meet your best friend on one of their
periodic trips, and she the trip, she said, was funded
by the joint bank account with this friend and Matt.
Madison says, I love the concept so much. I went home.
I called my best friend. I was like, I think
we need to do this. Six months later, Madison and
her best friend Kim saved over one thousand dollars in
(24:11):
their joint account on cash app. Their next trip is
to celebrate their twenty year twentieth friendship anniversary. You celebrate
friendship anniversary, now twentieth friendship anniversary next May, they say,
hopefully in the South of France. They're going to need
more than one thousand dollars. Madison and Kim among the
(24:32):
handful of people on TikTok who've gone viral after posting
videos about how this money saving strategy, which is opening
a bank account with your friend, has also been a
friendship saver. This part is what I can understand. Alyssa
Davies is an author of a book called Financial First Aid,
(24:52):
Essential Tools, Confident Blah blah blah. She says, in a
world where most people tend to make financial decisions in isolation,
practicing financial intimacy her term with friends can strengthen those relationships.
Who do you talk to about money outside of our
(25:14):
friends at Trajan Wealth, other financial advisors you may have.
You don't even go to your bank and talk to
them about your money. Hopefully it's an open conversation with
people in your household. But let's say you are a
single adult and you don't have you're not sharing money
with somebody else. Financial intimacy. That word again, or that
(25:37):
phrase again, I think is going to be pretty important.
There's just to bounce ideas off of.
Speaker 1 (25:43):
If nothing else, there's one thing to encourage people to
save money, your friends to save money, Like this example
in here about running a marathon. And you know, if
I skip a run or whatever. Somebody holds me accountable
to put five dollars in the jar, right, that's one
thing to be Oh, you really want to spend you
(26:05):
really want to buy those shoes, don't remember? Don't you forget?
You want to move out of your parents? You know
you're trying to put together a savings account. That's one thing.
But sharing money, Uh, you know, financial intimacy is fine
if you want to be honest and have open conversations
about money, like, oh, I'm broke, Well, what are you
going to do about it? I don't know. My job's okay,
(26:26):
I guess, but I guess I could look for a
better job. Yeah, maybe you should try to get a
better job. Then you won't be so broke. Like that,
to me, is financial intimacy just having a conversation about
money or troubles and looking for solutions together. Like that's
a friendship that has financial intimacy. The whole sharing of
the bank account thing is where I get lost, Like,
(26:47):
what is the what is the motivation there?
Speaker 2 (26:51):
I don't even if you have even if you had
shared goals. I mean to use their example of Madison
and Kim, these uh, these two friends that put together
this account and they want to go to France. Yeah,
if you have if you have friends or a friend
and you wanted to do a trip with a friend,
and you say, hey, it's gonna we have to be
(27:12):
good about we have to be good about saving so
we can afford this trip. You get a call in,
you get a check in every month or something like that. Hey,
I dropped two hundred and fifty bucks into our or
into my account, into my France account.
Speaker 1 (27:27):
Yeah, exactly. If it's like a fund, like you're taking
a shared vacation, you're each putting stuff in. That's one thing.
That's like a one time deal, but just an I
scared account. I guess if they're going to continue this
and they're going to do something like this once a
year or whatever. I don't know. I think this is
just a recipe for disaster. Well, it does rends and
money should be should be separate. I mean, yes, you can,
(27:50):
you can share in paying for things or venmo each
other back or what have you.
Speaker 2 (27:54):
But you have to be confident about that person's ability
to do simple math.
Speaker 1 (28:02):
And litenly.
Speaker 2 (28:03):
Do they have a good credit.
Speaker 1 (28:04):
I mean, some of the best friends have awful credit. Yeah,
some of the best friends will take the money you
saved and blow it on cocaine. That's a bad example.
That's a bad example. But some of the people that
you like to have a good time with, you don't
want them anywhere near your money.
Speaker 2 (28:25):
One financial content creator, I hate that term, did warn
against creating shared accounts with friends but instead instead using
individual sinking funds, and that she describes that as you
put a little bit of money away every month for
whatever your plan is. Maybe it is that South of
(28:46):
France thing, and you put one hundred bucks a month
over the course of eighteen months, you got a lot
of money. We do this thing where we put together
we take like one hundred bucks a month and put
it in a Christmas account. Smart because and we're going
to spend it, but it's nice to know that we've
got it socked away a little bit.
Speaker 3 (29:06):
Ye.
Speaker 1 (29:07):
Just so, I always wanted to be that person that
did the Christmas account person like so that you don't
go into debt every holiday season. And I always thought
it was a great idea. I never did it. You know,
one way to ruin a friendship is for like like
you and I like say you and I opened a
joint account because we are so different and like we're
(29:28):
we're working towards a goal, you know, to get Christmas
gifts for the show or whatever, and like you come
to me and you're like, hey, I noticed that you
didn't put in the money this month. I'd be like, yeah,
I bought these shoes. Aren't they cool? And you'd be like, yeah,
maybe next you know, maybe next month you figure out
a way to put it in there. Can you think
of a worse thing for our friendship than you nagging
me for a whole year about my spending habits? Like
(29:52):
that's not good for friendships?
Speaker 2 (29:54):
Yeah, and then we can't get whatever gifts we were
going to get for that, and then you hate me
because of it, And I hate you because you're now
shoes highlight your ankles or draw attention to your ankles.
Speaker 1 (30:06):
I have enough problem areas with you without having you
inventing new ones. Are they bad? Or the ankles bad too? No?
Speaker 2 (30:14):
What they're all right? Dude, there's a sharpie.
Speaker 1 (30:17):
Okay, we're having guessing, So get it all out, be nice,
and all the ugliness out big.
Speaker 2 (30:23):
Oh my gosh, First Fall, twelve o'clock hour of twenty
twenty five. Here we Go, Russia, Shut it we Go.
Gary and Shannon will continue right after this. You've been
listening to The Gary and Shannon Show. You can always
hear us live on KFI AM six forty nine am
to one pm every Monday through Friday, and anytime on
demand on the iHeartRadio lap
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):
Gary and Shannon kfi AM six forty Live everywhere on
the iHeartRadio app. A couple of things going on today.
A teenager has been arrested on suspicion of orchestrating a
cyber attack against Vegas, specifically MGM Resorts in Vegas. Someone
allegedly found an MGM grand employee on LinkedIn.
Speaker 1 (00:30):
I was just there on Monday, and then.
Speaker 2 (00:31):
Impersonated them and called the company it department to ask
for a password reset. Once it was granted, said that
basically you could get into MGM's internal systems in about
ten minutes. Wow, there are smart people out there who
are not stuck on TikTok. Between August and October of
twenty three, you remember several casinos hit by this organized
(00:52):
cyber threat group going by the nickname Scattered Spider. They
were able to disable hotel card keys, hotel slot machines,
They were preventing bookings and reservations. If you the nightmares
of people hundreds deep in these lobbies trying to check
into their hotels. MGM said they lost one hundred million
(01:13):
dollars as a result of the disruption.
Speaker 1 (01:15):
Well, there is a new fee for a visa. This
is the H one visa. Talented people from elsewhere coming
to America. It's going to cost a lot more for
them to make that track. Will companies pony up. It's
where we kick off swamp watch. Well, India, as you know,
kind of counts on rotating skilled talent into the United States.
(01:40):
And now they say that this is going to be
a complete overhaul. It's a two hundred and eighty three
billion dollar information technology sector that's going to have to
change the way they do business because Trump wants to
put a new fee on these H one B visas
of one hundred thousand dollars.
Speaker 2 (02:01):
Now, this is going to apply to new applicants, not
the holders, the current holders of the H one B visas.
There was some confusion about that until the White House
came and figured it out. But what they often do
is they rotate skilled people into the United States and
(02:23):
then send them back and get new people, et cetera.
I mean that's kind of this shared knowledge, if you will,
shared brain trust that comes in and leaves and what
they're going to do now. Immigration lawyers have been dealing
with these questions now because of the confusion about all
of this. The President accused the IT sector of manipulating
(02:45):
the H one B visa system and said that the
new fee is going to be steep. Managing partner for
a law firm Immigration Law said, we expect companies will
become far more selective in deciding which candidates to sponsor,
to reserve H one B five for only the most
business critical roles.
Speaker 1 (03:02):
I'm assuming this is part of Trump's America First plan
is to have skilled workers come from right inside this country.
For a very long time, you could bring in a
worker from another country who is very skilled and pay
them not as much money, and they have all the
IT skills that you would hope that Americans would have
(03:22):
but not always have. This is going to cut back
on the American dream of people in countries like India
that count on, Hey, I'm going to become a really
good at X, Y or Z, I'll be able to
get to America because of it. Well, not if you
don't have the one hundred thousand dollars or you don't
have the company in America. That's willing to write that
check to bring you here right.
Speaker 2 (03:42):
India is home to more than half of the world's
global capability centers. It's projected to host more than twenty
two hundred companies within the next few years. Market size
about one hundred billion, generates up to two point eight
million jobs, and the move to lead TO could lead
(04:04):
to more of those companies going to IT India in
order to set up shop because they're not going to
have to deal with those things.
Speaker 1 (04:11):
This was basically a conversation that was going to be
or a plight that was going to be put on
people in India and other places eventually because of AI. Yeah,
because we're just not going to need people any period
anymore for a lot of things, and some of those
jobs will be taken up by AI. You know, I
(04:33):
don't know how long this one hundred thousand dollars visa
thing is going to I don't know what companies are
going to be writing these checks to bring in workers
from India and elsewhere when they know they can fill
those jobs with AI. If not today, then probably tomorrow
or next Tuesday.
Speaker 2 (04:49):
The other aspect in DC today is that at one
o'clock at the White House President Trump is expected to
make a huge announcement. Among other things that the they're
going to talk about some connection between thailenol in pregnant
women and autistic children. One of the things that they'll
(05:10):
talk about also is luk of vorin, which is right
now being looked at as the potential drug to treat
autism luca. Luk of vorin has been around for decades.
It's a form of vitamin B nine known as folate,
traditionally used as an antidote to toxic effects of a
certain cancer drug. But they said new clinical trials, for example,
(05:32):
have shown a few things for a select group of
autistic individuals, not across the board, but for a group,
luc of orwin may boost communication and cognition in people
with autism have difficulty transporting folate to the brain, an
incredible essential nutrient for new development. They believe that this medication, lucavorin,
(05:59):
may help deliver more effectively. As an example, kid named Nathaniel,
eight years old, considered nonverbal because of his autism, communicated
through gestures and sounds and grunts and his parents. Because
there his parents became pretty skilled at interpreting them. Two
weeks after he got his first dose of lucavorn. He
(06:21):
began to speak not in single words but incocomplete sentences.
And the only thing that changed was the luc of orn.
His mother said, the first thing we noticed is he's funny.
He has a laundry list of things that bother him.
All of this began these I don't first, I don't
(06:41):
know how you start event that experiment, but I guess
you'd do anything as a parent to try to give
your kid the best chance. So the luca orn is
the drug that they're talking about potentially coming in as
that first treatment for autism.
Speaker 1 (06:57):
Oh are you right?
Speaker 2 (06:59):
I just swallow of my own spit better than somebody else's.
I suppose we should do the culture story. What's the
matter with your face?
Speaker 1 (07:10):
I don't know. I don't want you to get old.
And you're starting to have saliva problems, and that's one
of the first signs when you can't when you can't
control the saliva, you know, when it starts popping out
or causing you coughing, or.
Speaker 2 (07:28):
You're out of the splashes on. I think you're okay.
Speaker 1 (07:30):
There shouldn't be a splash that I'm saying, right, you know,
let's not make our way into the saliva issue phase
of life.
Speaker 2 (07:37):
Face mask, you know the stupid COVID hangover that we had.
Speaker 1 (07:43):
All right, you injected that face mask and COVID into
that conversation. Nobody else did, I know, nobody wanted that.
Now everyone's ewing, Everyone's ewing.
Speaker 3 (07:55):
You're listening to Gary and Shannon on demand from kf
I AM six four.
Speaker 2 (08:01):
Gary and Shannon KFI AM six forty live everywhere on
the iHeartRadio app on a Monday, September twenty second. We
are doing the show from the studio today.
Speaker 1 (08:13):
Yes, what was going to be your West Covina BJ's
first day of fall news and Bruce outfit. For those
of us who remain curious.
Speaker 2 (08:22):
Well, as you know, I am a fall?
Speaker 1 (08:26):
What does that mean?
Speaker 2 (08:26):
My colors? My color?
Speaker 1 (08:29):
My oh? You are a fall? Is that right?
Speaker 2 (08:31):
Is that you say that?
Speaker 1 (08:33):
I'm not sure it was. Yeah, I remember that from
like the late eighties, like that was a mom's thing,
Like what season are you?
Speaker 2 (08:40):
The fall?
Speaker 1 (08:41):
The summer?
Speaker 2 (08:41):
The I'm very earth tony you.
Speaker 1 (08:45):
I don't think you are a fall from what I remember.
Speaker 2 (08:48):
I certainly would not have worn a blue shirt like this.
This was out.
Speaker 1 (08:53):
No, yeah, I'm not really sure what you are. We're
probably the same thing, huh.
Speaker 2 (09:00):
I don't know. I don't know.
Speaker 1 (09:01):
I don't know either.
Speaker 2 (09:03):
I give Gary Brown's greens. I feel like you can
rock that.
Speaker 1 (09:06):
Maybe some bundy or so. I think browns are a
better choice for you and I both other than black,
because it were so washed out, already washed like white
and black for us is too stark for the lack
of pigment we have.
Speaker 2 (09:22):
Yeah, we need to need to out. Yeah, that's what
I was gonna do. I was even gonna wear my
my work boots.
Speaker 1 (09:32):
You were your fence boots. That'd be cool.
Speaker 2 (09:36):
Yeah, but now I'm gonna wear them for so Now
we got the heels today instead, right, I prefer a
good solid heel. LA World Airports Commission is previewing literally
shining the turd that is Lax. They want to put
(09:58):
the international gateway that is Lax front and center for
everybody that comes through that place better reflecting the region's culture, neighborhoods,
and creative energy.
Speaker 1 (10:10):
I love that. I love that. I think that'll be
very cool. It's long overdue. This should have been done
forty years ago.
Speaker 2 (10:16):
I do like it.
Speaker 1 (10:16):
When you go to airports and you get a little flavor.
Speaker 2 (10:20):
You do get a little flavor, you get a I mean, yeah,
I think it's Nashville. They have a series of the
announcements that play over the over the PA and they
are Nashville people, celebrities that are doing the announcements. Yeah,
and that's always a fun kind of a homey thing.
Ye used to be there, used to be one. Seattle
(10:42):
used to do it too, where they would have the
mayor or former you know, people whose voices you would recognize. Yeah,
that would do the PA announcements. Those were always fun. Sacramento,
I don't understand why there's a giant red rabbit Sacramento.
Speaker 1 (10:58):
Someone got high. Somebody got super high. The same guy
who designed Denver designed Sacramento. And also that area where
it's like a checkerboard with birds, different types of birds,
and you're like, who got super high? Then put this
design plan together and all the people in the conference
room who were not high were like a giant rabbit. Yes,
(11:22):
nothing says Sacramento like a giant rabbit. It's a most
random art installation.
Speaker 2 (11:29):
President commissioned President Kareem web said, lax is off and
the first impression the travelers have of our region, and
everyone who experiences should feel connected to the things that
make LA so special and unique, which is great. Listen,
you could do that. It does not take a lot,
I don't think. And in terms of capital, yes, you
could do some pretty amazing things. But you could also
(11:50):
just take some nice damn pictures and throw them up
on the wall. The old mosaic tiles that are down
in that basement hallway that's like four miles long. That
says nothing about La. But you've got miles and miles
of wall space where you could take some of the
most iconic images from LA, or faces of celebrities or whatever,
(12:14):
and put them up there and give people a better
impression of where it is that they're coming to. Not
nineteen sixty eight's most classic mosaic tile work. That stuff
doesn't do anything. City, of course, in lax getting ready
for the twenty twenty seven World Cup, sorry, twenty six
World Cup, twenty seven Super Bowl, twenty eight Olympic and
(12:36):
Paralympic games that are coming into town. So oh. The
other one about Seattle is the drinking fountains that make
bubbling creek sounds when you drink.
Speaker 1 (12:50):
Oh, they're a little yeah, vaguely, Sam.
Speaker 2 (12:52):
Remember that salmon that look like they're not real salmon,
like metal sculptured salmon that are appear to be flowing
down the walkway.
Speaker 1 (13:00):
Yeah, I like that airport from what I read.
Speaker 2 (13:03):
And Phoenix if you ever go to Sky Harbor. Hey,
it's one hundred and seventy five million degrees, which is
very much like the city of Phoenix. Yeah, so good
for them.
Speaker 1 (13:13):
All right, when we come back, we are doing something
very special. We're talking about cardboard.
Speaker 2 (13:18):
Boxes, box pockalypse.
Speaker 1 (13:21):
It's like lipstick, lipstick can determine the economy's health. Okay,
you've never heard this.
Speaker 2 (13:28):
Lipstick.
Speaker 1 (13:28):
Yeah, it's like lipstick is one of those things you
buy because you don't have to buy it. You buy
it because you want to buy it. And if you
want to buy something and you can't buy it, you're
not going to buy it, right. But if you got
a little extra cash, a little extra scratch, and you
want to buy a new lipstick, you're going to buy it.
Speaker 2 (13:44):
So when lipstick.
Speaker 1 (13:45):
Scales follow me just look at my face. Don't do that. Sorry,
I apologize for saying those words. When lipstick sales are up,
it shows that we have more expendable income. We can
throw away on things that we don't really need, like lipstick,
so it shows the economy is healthy. Cardboard box is
also an indicator. I know this is a fantastic tease.
Speaker 2 (14:08):
So if I we'll discuss it.
Speaker 1 (14:11):
Yeah, we'll talk about what your boxes mean for you
got it and the country got it.
Speaker 3 (14:18):
You're listening to Gary and Shannon on demand from kfi
AM six forty.
Speaker 1 (14:25):
Sometimes one look starts a conversation, has a conversation, finishes it,
and moves on with its life. That's what that look
was from you, and I appreciate it.
Speaker 2 (14:37):
Gary Shannon kfi AM six forty Live everywhere on the
iHeartRadio app. I just I don't think i've ever seen you.
Speaker 1 (14:44):
You talked me through my seaweed phase with one look.
Speaker 2 (14:48):
That was a very quick phase. You cracked open a
bag box a plastic wrap of a a seaweed wafer.
Is that what it was?
Speaker 1 (15:00):
Oh, they're just the Chris, It's like chips, but it's seaweed.
Speaker 2 (15:05):
You hear yourself, I know.
Speaker 1 (15:07):
And that's part of the conversation we had with just
that look you gave me, and that's why I threw
it in the trash, and I'm not going to eat
it anymore.
Speaker 2 (15:14):
I do not want to shame your dietary choices.
Speaker 1 (15:17):
That's not what you were doing. Do you want me
to get it out of the trash?
Speaker 2 (15:20):
Yeah, she's digging through the trash. Thank you? Mind how
many of those are left that looks like?
Speaker 3 (15:32):
What?
Speaker 2 (15:33):
Hell? No, I know what it tastes like. It tastes
like salt and seaweed. It's pretty good. Yeah, I'm sure
it is.
Speaker 3 (15:44):
And eight D is all the time I'm getting a Korean.
Speaker 2 (15:47):
I'm not I'm not saying it's not good. I'm not
saying it's bad. I'm just saying that there's an unexpected look.
Speaker 1 (15:59):
This is what you're looking. Said to me, It said,
are you effing kidding me? This is getting out of control.
I know you're trying to be healthy and you're trying
to make healthy choices, but you're going to be putting
pizza into that same mouth in about one hour. What
are you doing? Seaweed charade? Shannon? Are we really doing this?
(16:22):
This is ridiculous your looks at all of that. It said,
can we just move on now from this and just
realize that it was a phase and just let's never
have to go through it, is what your look said.
Speaker 2 (16:34):
Well, and then I just turned away. I just looked
out the window right for that, and I didn't see
you throw it away. I was going to allow you
to finish whatever that feeding thing was. Now you're eating.
Speaker 1 (16:45):
You were like, we're not doing this, You're you're taking
things too far yet again, don't be ridiculous. You're gonna
have pizza in an hour, is what your look said.
Speaker 2 (16:54):
And you were right. Get your bag of goldfish or
something like that. Cardboard pop, cardboard pocalyipse is how you
say it. I think US consumer goods sector is currently
facing what they said is cardboard box pocalypse. E commerce
(17:15):
packaging market has grown at seven point two percent annual
growth rate and seventeen point two percent globally, straining the
supply chains with material shortages labor gaps. Sustainable packaging is
gaining momentum. If you've noticed a lot of if you
(17:36):
subscribe or on a regular basis, whether it's meats or
clothes or food or medicines or whatever that you get
delivered to your house regularly, the packaging itself is a
whole lot thinner than it used to be. They said
that the consumer goods sector is navigating a shift, a
seismic shift driven by e commerce growth and sustainability mandates.
(18:01):
And at the heart of this is what has been
termed the cardboard box poc ellipse, describing the storm of
surging demand for all these packaging materials, bottlenecks in the
supply chain, and the need to come up with more
sustainable solutions.
Speaker 1 (18:18):
Well, the companies that are producing the boxes are closing.
They say. It's all about the production of the corrugated
cardboard boxes, in which more than seventy five percent of
all non durable goods are shipped. They've scaled back operations.
(18:40):
Nine percent of domestic production capacity is set to shut down,
which means that thousands of workers are going to be
out of jobs, the biggest such pullback since the Great
Recession of two thousand and eight. A guy by the
name of Jdarian Wooden as a Virginia tech economist, and
he says it's base a warning sign the pullback and
(19:01):
construction cardboard boxes and the construction of said cardboard boxes.
He says, if we were to assume that cardboard boxes
are a leading indicator, it would be a bad sign.
Of what's ahead. If they're cutting back on capacity, it
means a response to fewer orders, so there's a weaker
demand in the broader economy. And then if shipments keep falling,
other indicators like GDP or unemployment catch up, and that's
(19:25):
when you see all of those jobs being lost with
nine percent of the factory shutting down.
Speaker 2 (19:31):
Okay, So that okay, So to go back to your
lipstick analogy that the lipstick economic indicator. Yeah, that we
are now absolutely beholden to companies that will deliver stuff
to our house. Did you ever in your life have
(19:53):
a package delivered to your house when you were a kid? No,
I can't think of any time that that ever happened.
And now, and where are.
Speaker 1 (20:02):
Those boxes coming from? Because if they're pulling back production
here in the United States, those are boxes that are
being made elsewhere. So you're ordering all your crap from
other countries that's built they're building the boxes. Yeah, it's
all bad. The cardboard boxes are all the news with
that is bad for us right now. If this holds true.
Speaker 2 (20:25):
It's bad in terms of if we don't do anything
about it. One guy that I saw writing about box
apocalypse has said this is one of those very American
opportunities where somebody can come through, they can innovate, they
can come up with new technologies, perhaps whether it's the
recycling of old boxes or just coming up with a
(20:47):
new packaging system that makes things that much more sustainable.
Slash available because Amazon used to deliver everything in boxes, period,
and then they came up with those very plasticy but
padded pouches that they'll use pretty regularly now. And even
(21:08):
the boxes that they have been using have thinned out
quite a bit. It's cheaper to manufacture and and just
be I only use Amazon because they're the ones that
have probably cornered the market on cardboard boxes. You ever
think of a think of your best friend, I think
of two or three of your best friends, closest friends.
(21:31):
Would you share a bank account with them?
Speaker 1 (21:34):
No? I don't share a bank account with my husband. Yes,
well I do actually, but it's for things like you know,
the mortgage, but I don't. I'm not into coke. I'm
not a socialist or a communist. I like my own
stuff and I don't want to share.
Speaker 2 (21:52):
There is a there apparently is an investment trend of
people opening bank accounts with friends.
Speaker 1 (22:01):
Really, I can't wait to hear how this pans out.
Speaker 3 (22:06):
You're listening to Gary and Shannon on demand from kfi
AM six forty.
Speaker 1 (22:14):
I look forward to that.
Speaker 2 (22:16):
That's going to be a blast. Gary and Shannon kfi
AM six forty live everywhere on the iHeartRadio.
Speaker 1 (22:22):
Would you like your Jeopardy question?
Speaker 2 (22:24):
Oh gosh, today is the day first?
Speaker 1 (22:26):
Why not? Why not Jeopardy question.
Speaker 2 (22:28):
Of the fall?
Speaker 1 (22:29):
Let's do it?
Speaker 2 (22:30):
Please tell me it's about bottle.
Speaker 1 (22:32):
Uh? No, but it does have an odd odd words
for two hundred dollars. Oh, it's Russia, Shana today at sundown.
I didn't know that.
Speaker 2 (22:44):
Do you have plans?
Speaker 1 (22:45):
No? But uh, that was a surprise. That was a surprise, Russia, Shana. Okay,
oddwards for two hundred dollars. The white ponds in a
chest set could be called in og dowd, a word
for a group of this many items.
Speaker 2 (23:01):
Uh, what is eight?
Speaker 1 (23:02):
You're right, You're absolutely right.
Speaker 2 (23:04):
I never heard of that before.
Speaker 1 (23:06):
What do you mean you've never heard of it before?
How'd you know eight?
Speaker 2 (23:09):
Because I know there's eight pawns.
Speaker 1 (23:11):
Oh, okay, that's it. That makes sense.
Speaker 2 (23:13):
Reverse.
Speaker 1 (23:15):
You're good with the chess ladies. He builds fences. He
knows chess. I have not has a fall West covena
Bjy's outfit.
Speaker 2 (23:26):
That's gonna stay on my bed. I laid it out
last night. My wife's going to be so happy. A
novel way to maintain strong friendships creating a joint bank account. Now,
this is an NBC article that's the advice of Madison
Machen received last year while chatting with her seat mate
(23:48):
on a flight to New York. The one was onre
wait to meet your best friend on one of their
periodic trips, and she the trip, she said, was funded
by the joint bank account with this friend and Matt.
Madison says, I love the concept so much. I went home.
I called my best friend. I was like, I think
we need to do this. Six months later, Madison and
her best friend Kim saved over one thousand dollars in
(24:11):
their joint account on cash app. Their next trip is
to celebrate their twenty year twentieth friendship anniversary. You celebrate
friendship anniversary, now twentieth friendship anniversary next May, they say,
hopefully in the South of France. They're going to need
more than one thousand dollars. Madison and Kim among the
(24:32):
handful of people on TikTok who've gone viral after posting
videos about how this money saving strategy, which is opening
a bank account with your friend, has also been a
friendship saver. This part is what I can understand. Alyssa
Davies is an author of a book called Financial First Aid,
(24:52):
Essential Tools, Confident Blah blah blah. She says, in a
world where most people tend to make financial decisions in isolation,
practicing financial intimacy her term with friends can strengthen those relationships.
Who do you talk to about money outside of our
(25:14):
friends at Trajan Wealth, other financial advisors you may have.
You don't even go to your bank and talk to
them about your money. Hopefully it's an open conversation with
people in your household. But let's say you are a
single adult and you don't have you're not sharing money
with somebody else. Financial intimacy. That word again, or that
(25:37):
phrase again, I think is going to be pretty important.
There's just to bounce ideas off of.
Speaker 1 (25:43):
If nothing else, there's one thing to encourage people to
save money, your friends to save money, Like this example
in here about running a marathon. And you know, if
I skip a run or whatever. Somebody holds me accountable
to put five dollars in the jar, right, that's one
thing to be Oh, you really want to spend you
(26:05):
really want to buy those shoes, don't remember? Don't you forget?
You want to move out of your parents? You know
you're trying to put together a savings account. That's one thing.
But sharing money, Uh, you know, financial intimacy is fine
if you want to be honest and have open conversations
about money, like, oh, I'm broke, Well, what are you
going to do about it? I don't know. My job's okay,
(26:26):
I guess, but I guess I could look for a
better job. Yeah, maybe you should try to get a
better job. Then you won't be so broke. Like that,
to me, is financial intimacy just having a conversation about
money or troubles and looking for solutions together. Like that's
a friendship that has financial intimacy. The whole sharing of
the bank account thing is where I get lost, Like,
(26:47):
what is the what is the motivation there?
Speaker 2 (26:51):
I don't even if you have even if you had
shared goals. I mean to use their example of Madison
and Kim, these uh, these two friends that put together
this account and they want to go to France. Yeah,
if you have if you have friends or a friend
and you wanted to do a trip with a friend,
and you say, hey, it's gonna we have to be
(27:12):
good about we have to be good about saving so
we can afford this trip. You get a call in,
you get a check in every month or something like that. Hey,
I dropped two hundred and fifty bucks into our or
into my account, into my France account.
Speaker 1 (27:27):
Yeah, exactly. If it's like a fund, like you're taking
a shared vacation, you're each putting stuff in. That's one thing.
That's like a one time deal, but just an I
scared account. I guess if they're going to continue this
and they're going to do something like this once a
year or whatever. I don't know. I think this is
just a recipe for disaster. Well, it does rends and
money should be should be separate. I mean, yes, you can,
(27:50):
you can share in paying for things or venmo each
other back or what have you.
Speaker 2 (27:54):
But you have to be confident about that person's ability
to do simple math.
Speaker 1 (28:02):
And litenly.
Speaker 2 (28:03):
Do they have a good credit.
Speaker 1 (28:04):
I mean, some of the best friends have awful credit. Yeah,
some of the best friends will take the money you
saved and blow it on cocaine. That's a bad example.
That's a bad example. But some of the people that
you like to have a good time with, you don't
want them anywhere near your money.
Speaker 2 (28:25):
One financial content creator, I hate that term, did warn
against creating shared accounts with friends but instead instead using
individual sinking funds, and that she describes that as you
put a little bit of money away every month for
whatever your plan is. Maybe it is that South of
(28:46):
France thing, and you put one hundred bucks a month
over the course of eighteen months, you got a lot
of money. We do this thing where we put together
we take like one hundred bucks a month and put
it in a Christmas account. Smart because and we're going
to spend it, but it's nice to know that we've
got it socked away a little bit.
Speaker 3 (29:06):
Ye.
Speaker 1 (29:07):
Just so, I always wanted to be that person that
did the Christmas account person like so that you don't
go into debt every holiday season. And I always thought
it was a great idea. I never did it. You know,
one way to ruin a friendship is for like like
you and I like say you and I opened a
joint account because we are so different and like we're
(29:28):
we're working towards a goal, you know, to get Christmas
gifts for the show or whatever, and like you come
to me and you're like, hey, I noticed that you
didn't put in the money this month. I'd be like, yeah,
I bought these shoes. Aren't they cool? And you'd be like, yeah,
maybe next you know, maybe next month you figure out
a way to put it in there. Can you think
of a worse thing for our friendship than you nagging
me for a whole year about my spending habits? Like
(29:52):
that's not good for friendships?
Speaker 2 (29:54):
Yeah, and then we can't get whatever gifts we were
going to get for that, and then you hate me
because of it, And I hate you because you're now
shoes highlight your ankles or draw attention to your ankles.
Speaker 1 (30:06):
I have enough problem areas with you without having you
inventing new ones. Are they bad? Or the ankles bad too? No?
Speaker 2 (30:14):
What they're all right? Dude, there's a sharpie.
Speaker 1 (30:17):
Okay, we're having guessing, So get it all out, be nice,
and all the ugliness out big.
Speaker 2 (30:23):
Oh my gosh, First Fall, twelve o'clock hour of twenty
twenty five. Here we Go, Russia, Shut it we Go.
Gary and Shannon will continue right after this. You've been
listening to The Gary and Shannon Show. You can always
hear us live on KFI AM six forty nine am
to one pm every Monday through Friday, and anytime on
demand on the iHeartRadio lap
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