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December 6, 2024 33 mins
ICYMI: Hour One of ‘Later, with Mo’Kelly’ Presents – A look at the latest California headlines from the 7.0 quake that shook NorCal & California’s ban on “sell-by” dates, to plague of “porch pirate” thievery in SoCal & California landlords utilizing artificial intelligence to increase rent - on KFI AM 640…Live everywhere on the iHeartRadio app
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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:22):
Gaffi mo Kelly. We're live everywhere on the iHeartRadio app.
And it wasn't the big one today, but it was sizeable.
It wasn't the one which is going to change everyone's lives.
But we don't know what is going to happen tomorrow.
Of course, by now you've heard the news of the
seven point zero earthquake which hit off the coast of
northern California. There was originally a tsunami warning which has

(00:46):
since been canceled. And Mark, let me just ask you
very quickly. My original report said it was seven point oh.
Has it been downgraded? Has has it changed? Its remained
at seven point zero? That's what I understand. Yeah, sorry, okay,
then we'll go with that. According to the USGS, the
quake struck around ten forty five this morning in the
Pacific Ocean west of Petrolia. A tsunami warning was issued

(01:08):
for forty five miles southwest of Eureka shortly after and
expired around noon. The earthquake, interestingly interestingly enough, was first
registered as having a preliminary magnitude of six point six.
Usually usually you get that preliminary number and it's downgraded.

(01:30):
This went in the other direction, where it was originally
six point six but then updated to seven point zero.
It appeared to have an epicenter at the triple junction
of the Pacific, North American and Juan de Fuca tectonic plates. No,
I don't know what that means. I'm just letting you know.
That's the information provided.

Speaker 2 (01:50):
Well, that's around the Strait of Juanda Fuca, around the
Seattle area. And apparently the USGS downgraded the magnitude of
the aftershocks.

Speaker 3 (01:59):
Okay, okay, yeah, the quake is still seven point zero.

Speaker 1 (02:03):
Speaking of the aftershocks, there was one which was originally
registered as five point eight magnitude, which hit minutes later,
and all the aftershocks were recorded minutes after the original
seven point zero earthquake, registering between two point five to
four point two after that. In the previous weeks and months,
we've had some fun, we played around, we talked about

(02:25):
the earthquake swarmth that we've had in California. But we've
also had the more serious side of the conversation where
if the big one were to hit, what it would mean,
what it might look like or feel like, and it
depends on where it is, and we talked about how
bad the traffic was a little over a week ago

(02:46):
where we're going to have some guests in the studio
and the traffic just completely sacked our plans for that evening.
And that was just a bad traffic day. Maybe a
little inclement weather, but if you were to a man
a major disaster, there's no way you're going to get
from one side of the city to the other.

Speaker 3 (03:06):
It's just not going to happen.

Speaker 1 (03:07):
And that's just assuming that the arteries and the main
roadways are still intact. In a situation like that, it's
not something that we would ever hope for, but you
have to be mindful of in advance. Yes, I have
water in my car. Yes, my family has a general
plan of what we're going to do as best we
can for sea. Because you don't know where you're going

(03:30):
to be. You don't know where your family or your
close relatives are going to be. In a situation like that,
you just don't know. And if your family's like my family,
we're at the four corners of Los Angeles County, I
mean the literal four corners. We could not be further
apart in practical distance than anywhere else within the boundaries

(03:54):
of the county. But you try to work with the
information that you know in advance and try to prepare
for or the unknown. But this is telling us that
there should be other earthquakes in the future. We can't
really predict now. I don't know if it was because
it was in northern California and we were nowhere near
the epicenter that I did not get any type of notification,

(04:17):
So I don't know how to read that. But when
i've we've had some central California quakes that have hanged me,
and I did get a notification. I didn't get anything
about this one, did you, Twilla?

Speaker 4 (04:31):
No, I didn't get one to except that my phone
alerts were going off as far as reports on it.
And I think it's because we talk about it enough
where my phone, I guess the algorithm is sensitive trouble
quake reports. So I got it like as soon as
it hit, it's popping up on my phone. It wasn't

(04:53):
the quake alert, but it was a report on the earthquake.
And I told her and I said, don't know where
this is yet, but we may feel something depending on
how close it was to you know, sure, if something
like this had hit in La the catastrophe that this

(05:14):
could have caused. The just seeing the traffic when you
talk about that, I saw that and I said to myself, Oh,
that's what MO was always talking about, because when that
evacuation order was issued those freeways, it just looked like
a parking lot of cars trying to get out of
the area.

Speaker 1 (05:33):
Well, let's imagine this earthquake just much more south. We
don't often think about the possibility of a tsunami, but
an earthquake in the right place in southern California could
trigger a tsunami as well. And you're not just dealing
with the earthquake, you're dealing with the aftershocks and possibly

(05:53):
a tsunami.

Speaker 3 (05:54):
We don't know.

Speaker 1 (05:55):
Now we can look at what has happened around the world,
like Japan and the things that they've had to deal with,
and I can't even I shudder to think what that
would mean for southern California. But we have to at
least actively think about that as far as a possibility. Again,
if it were to happen, I don't know how you
could prepare for it. You can't really prepare for an

(06:16):
earthquake and a tsunami. I mean, what exactly can you
do if you have a seventh let's say, a seven
point five earthquake and you have a tsunami on the
tail end of that.

Speaker 3 (06:26):
I don't know what you do at that point.

Speaker 1 (06:29):
Yeah, because you can't even think of what communication ability
is going to be, Like you have to imagine the
main arteries are going to be damaged, probably severely if
you're talking about earthquake and a tsunami.

Speaker 3 (06:41):
Who knows at that point. I think when everyone saw
this quake and saw that it was a seven point zero,
I think, and maybe this you didn't get this moment.
A lot of people were hitting sending me DMN saying,
damn t you all were right. These earthquakes are getting stronger. Yes,

(07:06):
it did not happen out here, but we had only
been seeing high fives.

Speaker 4 (07:12):
This jumped straight up to a seven seven serial in California.

Speaker 1 (07:17):
And not only that, they're getting stronger, and they're also
more frequent. Yeah, it's one thing to say, oh, we
had a seven point oh, but we haven't had an
earthquake in about a year. No, We've had plenty of earthquakes.
And I'm not a geologist or a seismologist. I can't
tell you what tectonic plates most of these earthquakes have
have been on and how they may impact one of

(07:37):
the other.

Speaker 3 (07:37):
I'm not saying that. I'm just saying, just look at
the raw data.

Speaker 1 (07:41):
We've had more earthquakes and they have been stronger in
the past calendar year. That's all I'm saying. Why or
to what we could attribute that? I have no idea,
but the raw data says, and the news reports have said,
we've had more earthquakes and they've been stronger this calendar year.

Speaker 3 (08:02):
What do that means for tomorrow?

Speaker 1 (08:03):
I don't know, but if the trend holds, there will
be more earthquakes and they will be probably stronger than
what we've seen in previous years. And with that information,
let's prepare accordingly. Other stuff we're going to be covering tonight.
California is trying to ban and they're always trying to
get into the grocery store. I don't understand that. Why
is our state government obsessed with getting into the grocery store,

(08:25):
specifically telling it what to do, telling it what it
can sell, how you can bag it or you have
how you can't bag it. All those things, Well, California's
going to ban sell by dates. We're going to talk
about that next and also later on the show. And
I have to offer an apology because I was saying,
you know, hey, we know we have these porch pirates

(08:45):
out there. Remember we've been talking about that, and I said,
why don't you take your ass to the Max Store
and buy it and pick it up there. Well, I
guess the porch pirates were listening to the show because.

Speaker 3 (08:54):
You know what, they're now going to the Max.

Speaker 1 (08:57):
Store and intercepting people's purchases at the actual mac pro store. Landlord,
so you're using AI to raise rents? Great, just great,
score one for Mark Runner. It's Later with Mo Kelly
k IF I AM six forty Live everywhere the iHeartRadio app.

Speaker 5 (09:16):
You're listening to Later with Moe Kelly on demand from
KFI AM six forty.

Speaker 1 (09:22):
Let's go grocery shopping together. You walk into the grocery store.
If you're like me, you're real anal when it comes
to expired food. If I look at my refrigerator and
a date says like on milk or something like that,
used by December fifth, damn it, I am pouring it out.

(09:43):
If it's December sixth on my calendar. Okay, I don't
even wait that. No, no, I don't play around with that,
especially yogurt. No any type of date. But and this
is something I had to find out recently. There are
three different dates that you may find on food. Theirs

(10:06):
sell by, there's best if used by, and there's also
the plain old used by, sell by, best if used
by and use by.

Speaker 3 (10:20):
Any may think, well, what's the difference?

Speaker 1 (10:21):
I mean, come on, mom, I mean they sound close
enough to say that they're trying to protect you. No,
not really, not really. If you see sell by on
a label that is used for grocers to help them
rotate stock, if you see best if used by, it

(10:42):
includes or I should say, it indicates the best food quality.
Best if used by indicates best food quality, and if
you see used by there it indicates food safety. So
sell by is for grocers to tate stock, best if
used by indicates best food quality, and used by indicates

(11:08):
food safety. And California lawmakers, because they have nothing better
to do, thought it would be better if they had
a more uniform standard. And people aren't rushing to buy milk,
for example, because we know the cost of milk is
just way out of control, so you won't be rushing
back to buy milk or other perishables unnecessarily because you

(11:29):
may be somewhat confused by sell by or used by
so California lawmakers thanks to Assembly Bills six sixty written
by the Democrats, is to bring uniformity and what is
called or what they're calling is common sense to dated
food labels for consumers. They argue that doing so will

(11:50):
require grocery retailers and manufacturers to make changes between developing
new inventory systems, retraining employees, and even figuring out which
labels need to be adjusted. It's not a change that
could happen overnight, and this law will not go into
effect until July first, twenty twenty six, and half of

(12:12):
us will probably be dead and gone by then. Now,
what's the rush, right, It's important, but it's not all
that important. I think we'll be done with the World
Cup by then. Some July first of twenty twenty six.
We're not even into twenty twenty five yet we will
be on our way to the mid term elections in

(12:32):
July of twenty twenty six.

Speaker 2 (12:34):
Well, you hate to rush into any of these big decisions.

Speaker 1 (12:38):
I don't get it. I don't get, but this is
what the politicians are saying. Quote, having to wonder whether
our food is still good is an issue that we
all have struggle with. By strengthening label standards and thus
reducing food waste, AB six sixty will keep money in
the pockets of consumers while helping the environment and the planet.

Speaker 3 (12:56):
While helping the environment and the planet. Oh you hate that,
I'm trying to think.

Speaker 1 (12:59):
I know that if we have less consumption in a
general sense, I guess we're helping the planet.

Speaker 3 (13:07):
But that's a bit of an overstatement.

Speaker 1 (13:10):
Okay, don't tell me that the sell by date is
just making us waste googabs of food every single day.
In fact, there are more than fifty different phrases in
food packaging. Did not know that, But of course that
probably makes it kind of confusing as to what each
label means, and so they're trying to streamline this some labels.

(13:32):
I don't know if you've heard this mark. Maybe there's
something they do in Washington. I haven't seen this in California,
or at least I'm not aware of it. There's also
they're like acronyms where they have peb please enjoy by
haven't seen that one. I've seen enjoy By, which is
rather nebulous. And they're telling you if you don't enjoy

(13:54):
it by this date, it's probably gonna start molding in
about twenty minutes after that date.

Speaker 6 (13:58):
That's what I mean. That's why take it to me.
I like the courtesy of please please enjoy it please.

Speaker 2 (14:04):
Yeah, you wouldn't want to be rude about telling people,
you know, if you don't eat it by this or
this date, you're going to crap the bed.

Speaker 1 (14:10):
Yeah. I don't want to, you know, I don't want
to get in your business. I don't want you to
feel like I'm being demanding. Now, if you could please
enjoy this donut by this date.

Speaker 3 (14:22):
You'd be such a peach.

Speaker 2 (14:23):
Nobody wants to feel like they're being ordered around. I
guess that's it.

Speaker 1 (14:28):
But you know, the takeaway from this is nothing is
happening anytime soon, and maybe we should all take more
stock no pun intended of these labels and be conscious
of what they're trying to convey. Is it a message
to the grocer or is it a message to the consumer.
So class let's review, Okay, sell by is for the

(14:48):
grocery store. They're saying you want to sell it by
this date or rotate your stock out by this date.
Sell by best if used by indicates the peak food
quality best if used by And that's just a suggestion
for you as a consumer and your personal enjoyment. While

(15:08):
used by that means you're going to get salmonella or e.

Speaker 3 (15:13):
Coli in four hours if you pass that date.

Speaker 5 (15:17):
Good.

Speaker 1 (15:18):
Okay, I'm glad we're all on the same page. Let's
talk about the porch pirates who have left the porch
and are now in the store. I have a huge
apology I have to make. I was giving people bad information,
saying that they need to pick up their MacBook Pro
from the actual Mac Pro store because that would be
the safest way to ensure that they would not have

(15:39):
their goods stolen. Well, that's bad advice, it seems, or
at least it's insufficient advice. Because the porch pirates are
now in the store. We'll tell you about it next.

Speaker 5 (15:48):
You're listening to Later with Moe Kelly on Demand from
KFI AM six forty.

Speaker 1 (15:53):
But I got to say, I hate admitting it. It's
not often. It's not often that I am wrong. It
happens like one every I don't know, Haley's common or
something like that. You know, it's not something you can
really pinpoint on a calendar maybe once an average lifetime
of a human being.

Speaker 3 (16:12):
But it happens. It happens.

Speaker 1 (16:14):
And this is one of those times where I was
giving some bad advice. I was imploring people, if you're
worried about expensive goods coming to your house this holiday season,
especially if it's going to be a computer, or specifically
if it's going to be like a MacBook, maybe and
I was saying, maybe you should actually go to the macbookstore,
MacPro store, whatever it's called. It's Apple, I don't deal

(16:36):
with them, and then pick up the computer the laptop
directly have them handed to you. And I was under
the impression that you would be more likely or least
less susceptible to having that laptop stolen because you will
be there with your ID and your receipt a purchase

(16:56):
and be able to pick it up. Shouldn't be a problem,
easy breezing easy psy Well, I was wrong.

Speaker 3 (17:02):
I was wrong.

Speaker 1 (17:02):
And it seems that the Porch pirates have been listening
to the show, and now they've stepped up their game,
moving from your front porch to the actual max store
and it's picking up speed right now.

Speaker 7 (17:16):
Kyle Bales has two young children, so his schedule is
tight when you add work on top of that.

Speaker 8 (17:21):
And I bought a couple of products from Apple with
the in store pickup, and it's just kind of like
feels more secure. But it wasn't this, But it wasn't,
But it wasn't this time.

Speaker 7 (17:35):
On Tuesday, he went to do an in store pickup
of the computer he ordered at the Apple store at
the Americana in Glendale. He had his QR code and
ID in hand.

Speaker 8 (17:45):
And they just said, yeah, somebody picked it up. And
it sounds like you need to go follow a police report.

Speaker 1 (17:53):
Who whoa whoa whoa whoa whoa whoa whoa whoa whoa
whoa whoa If you spend thousands of dollars literally thousands
of dollars on a MacBook and someone other than you
and you can confirm who you are, someone other than
you picked up that MacBook Pro, and all they can
tell you is, well, you need to go fill out

(18:14):
a police report. That's your only recourse. They can't show
you like some a security video. They can't somehow make
you whole I mean, because you would think the responsibility
is on I would say, like the bartender here, you're
supposed to check the ID and if you sell someone
who's under age, who gets in trouble the bar correct.

(18:38):
So how is that any different here? If you wrongly
and illegally gave away someone else's merchandise through no fault
of their own, why do they have to somehow make
it right for themselves.

Speaker 8 (18:51):
Yeah, somebody picked it up, and it sounds like you
need to go file a police report.

Speaker 7 (18:57):
He says. The lack of help he got was similar
to what we reported earlier this week after Rick Markowitz
experience the same type of theft at the nearby Apple
store at the Glendale Galleria.

Speaker 1 (19:09):
Okay, so you have the Americana and the Glendale Galleria,
both in Glendale, both Apple stores.

Speaker 3 (19:17):
I'm thinking connection.

Speaker 6 (19:19):
I can't really speak on any leads or anything other
than saying that we do have the several reports that
have occurred.

Speaker 3 (19:26):
It's gone to our Financial Crimes unit for investigation.

Speaker 7 (19:29):
Last month, expensive Apple devices were intercepted in Londale and
Irvine as ups drivers were about to make their deliveries.

Speaker 1 (19:37):
I know that's what I was talking about and I said,
why don't you not leave it to UPS or FedEx
or Dhl's DHL still in business, I think they are.
Don't leave it to some sort of third party mail carrier.
Go pick it up yourself. That's what I was recommending,
And little did I know that the porch pirates were
listening to the show and decided to beat you to it.

Speaker 7 (19:58):
Please say the suspect you used to phony IDs to
make off with the orders.

Speaker 9 (20:03):
I believe there's a criminal gang. This sits behind this.

Speaker 1 (20:06):
You don't say he came to that conclusion all by
himself that it might be a criminal gang. That is
not one person, that there might be a slew of
individuals who are working together and coordinating their information.

Speaker 9 (20:18):
I believe there's a criminal gang. This sits behind this.

Speaker 7 (20:21):
Patrick Carr is the CEO of slash next Witch is
an email an online security company. He believes crooks are
accessing emails through the dark web or phishing.

Speaker 10 (20:31):
They've gone to the dark web, sourced the user ID,
the driver's license, they take that to the Apple store.
They present the ID, they present the QR code, and
they take the laptop.

Speaker 7 (20:42):
Experts say don't click on suspicious emails and text messages.
Change your password routinely, and don't use the same password
for all of your apps.

Speaker 1 (20:52):
Oh, I'm all right, I'm gonna go change all those
website passwords, all four hundred and fifty five of them.
Do you know how difficult it is to have a
different password for all these websites and appsent And I
don't care if it says it'll save the password in
the browser history and all that. No, it oftentimes it

(21:13):
doesn't work. I have Google Passwords Manager. Sometimes it can't.

Speaker 6 (21:16):
Remember, and then they'll make you change it every six
months or something like that, right, so you can't even
just remember it.

Speaker 1 (21:25):
Yeah, I am too old to remember four hundred and
seventy two different passwords just on my streaming services. Like,
for example, you may watch something at home, and then
if you want to watch it on your computer or laptop,
you have to re sign in, and then they ask
for the passwords, like.

Speaker 3 (21:41):
I don't know what the password is.

Speaker 6 (21:43):
That was two years ago, And have you ever got
this happened to me all the time. You say, oh,
I forgot it, So you reset the password, and when
you finally find it, you were off by like one
number one letter or a capitalization.

Speaker 1 (21:57):
Yeah, oh it was a lower case in got it?

Speaker 3 (22:02):
Got it?

Speaker 9 (22:04):
They present the ID, they present the QR code, and
they take the laptop.

Speaker 7 (22:07):
Experts say, don't click on suspicious emails and text messages,
change your password routinely, and don't use the same password
for all of your apps.

Speaker 8 (22:16):
My keys stick really bad on this thing.

Speaker 7 (22:18):
Bails wanted to replace his old computer that's not working well,
but he's not sure if he'll stay loyal to Apple.

Speaker 3 (22:26):
Why would you stay loyal to Apple? Then? I mean, someone.

Speaker 1 (22:32):
Literally robs you of some three four thousand dollars worth
of product, and neither the Apple store nor the company
of Apple is trying to help you. You only get
to rob me once, just once, Okay, you don't get
two chances to get it wrong. When you're talking about
a very expensive piece of equipment. You don't get one

(22:53):
chance at it, not a second chance. I don't know
what this guy's gonna do, but he needs to come
over to the Google side.

Speaker 3 (22:59):
They don't treat me like that.

Speaker 8 (23:00):
It's insane that they're able to keep my money and
not give me a laptop and not even say like, oh,
we'll call you back when we figure out what happened.

Speaker 1 (23:08):
Well, there's nothing else to discuss, right, you would think
they took your money.

Speaker 3 (23:13):
You didn't get a laptop.

Speaker 1 (23:14):
They're not even going to help you get your money
back or get you your laptop.

Speaker 3 (23:18):
There's nothing to discuss. They don't care about you.

Speaker 1 (23:21):
That's why I don't buy four thousand dollars computers or anything.

Speaker 3 (23:27):
Apple.

Speaker 1 (23:27):
The only thing I have Apple. I have Apple TV.
That's it.

Speaker 3 (23:34):
Maybe something from the produce section as well.

Speaker 1 (23:37):
Well, they're like fifty five hundred different apples in the
produce section. There's like Washington, there's Red Delicious. How many
are there?

Speaker 3 (23:46):
Smith? Granny Smith?

Speaker 1 (23:47):
Yeah, they're rotten apples, bad apples.

Speaker 3 (23:53):
That's not a kind what if? Thank you very muchself,
roll your eyes a little bit more. You are so
owned by them. I'll say it was cute, that was good.
Oh my god.

Speaker 1 (24:12):
Did you hear about the UPS driver who got caught
trying to steal an Apple Watch in front of a home. Now,
you have to know if you're a UPS driver, any
home you stop in front of, there is a camera
on you somewhere, it's trained on you. And the guy
was outside his truck and he stole the Apple Watch,

(24:32):
and I guess in plain view of a ring device.

Speaker 3 (24:36):
He couldn't do it in the truck when no one
was looking.

Speaker 1 (24:38):
They actually have doors on that truck. You can pull
it down and close it so no one can see
what you're doing. You couldn't do it while you were
in the truck. Gosh, she got dumb thieves. Oh can
we at least have some smart thieves. That's the dumbest
thieves around. You noticed they didn't steal anything.

Speaker 3 (24:55):
Google.

Speaker 2 (24:57):
Yeah nobody wants that stuff. Yeah, nobody wants it. Your
Apple products are beautiful. Well, everybody wants goes straight to hell.
Go straight to hell. And I hope you use Google Maps.
Don't come in here and touch any of my Apple stuff,
including my iPhone.

Speaker 1 (25:11):
I would not touch that of my life depending on
I don't want any of your Apple stuff.

Speaker 3 (25:14):
Your denial is so transparent.

Speaker 1 (25:16):
Six forty live everywhere on the iHeartRadio Apple when we
come back. All right, this was going to be just
for Mark Ronner, just to make it mad about AI.
We're gonna talk about how landlords are using AI to
raise your rent. But why should you care? You don't
want rent control? You should be happy about this.

Speaker 5 (25:33):
You're listening too later with Moe Kelly on demand from
KFI AM six forty.

Speaker 1 (25:38):
And if the rent is two damn high, or you
think the cost of living is too high here in California,
that's not by accident. In fact, landlords all around the country.
I don't want you to think it's just here in California,
but all around the country, and most recently hear in

(26:00):
California they are working together using AI to raise and
coordinate rents.

Speaker 3 (26:10):
And it goes a little something like this.

Speaker 1 (26:12):
Let's say you're looking for a place to live in
a given area, and it seems like wherever you search,
the rent is always high or higher than what you
would expect. Well, federal prosecutors say the practice amounts to
an unlawful information sharing scheme, and some lawmakers throughout California

(26:34):
are moving to stop it. In fact, San Diego City
Council president is the latest to do so, proposing to
prevent local apartment owners from using this AI pricing software
and he thinks it's driving up housing costs. California and
seven other states have joined this federal prosecutor's antitrust suit,

(26:57):
which targets the leading rental pricing platform, Texas based Real
Page and if Mark Rouner were here. He's not, but
if he were here, he would probably say something like
qui bono, qui bono, who benefits?

Speaker 2 (27:10):
If there was only some way to find out what
he thinks?

Speaker 1 (27:12):
Yes, yes, yes, If you ever listen to later with
Mo Kelly, Mark Runner has made his feelings about AI
very clear, not only in the in the realm of
creation of art and intellectual property, but also in the
world of business. Let me take you back to the
complaint about this Real Page algorithm algorithmic software software. The

(27:35):
complaint alleges at real Page is an intermediary that collects, combines,
and exploits landlords competitively sensitive information, and in doing so
it wrenches it enriches itself and compliant landlords at the
expense of renters who pay inflated prices.

Speaker 3 (27:52):
San Francisco has banned this.

Speaker 1 (27:55):
Philadelphia City Council passed a ban on algorithmic rental price
fixing with veto proof vote last month. New Jersey has
been considering its own band, and the San Diego Council president,
who was alluding to earlier, Sean Ilo Rivera, explained it
like this quote. In the simplest terms, what this platform

(28:15):
is doing, is providing what we think of as that dark,
smoky room for big companies to get together and set prices.

Speaker 3 (28:23):
I would call the collusion.

Speaker 1 (28:25):
But back to the quote, the technology is being used
as a way of keeping an arm's length from one
big company to the other.

Speaker 3 (28:32):
But that's an illusion.

Speaker 1 (28:34):
So Mark, when I read this and I see that
there is a coordination, a collusion to fix rental prices
above the natural market flow EBB and flow of supply
and demand, I am not surprised at all.

Speaker 3 (28:52):
Geed sounds kind of bad, doesn't it.

Speaker 1 (28:54):
It sounds kind of predictable in the way that you
can predict the high rental prices. And again, this is
happening simultaneous to the complain about number one, the economy
being so horrible, number two the cost of living being
so high, and number three we have chosen once again
to do nothing about restricting how high rent can go.

Speaker 2 (29:16):
It's almost as if when you look at AI and
the people really pushing it, they're all bad guys who
want to screw everybody over for their own profit.

Speaker 1 (29:25):
I will say, the people who have the most money
have the most power, and they are leveraging their power
against the people with the least money and the least power,
the renters, the people who ostensibly are subject to the
will of landlord setting the price. It's not like you
can go in and negotiate your rent. You can't. There's
the rent and either you want to pay it or

(29:47):
you don't keep moving, that's right, And they'll raise it
the next year and the year after that. Why because
if you're lucky, you'll sign a year lease, sometimes maybe
six months. It might be month to month, but it's
going to go up and you don't have a say
in the matter, and it's going to go up.

Speaker 3 (30:03):
And if you try to look for.

Speaker 1 (30:04):
Someone else, some other place to live, it'll be up
there as well, because they fix it.

Speaker 3 (30:11):
We always talk about something being rigged.

Speaker 1 (30:13):
This is actually being rigged rental prices in California and
around the country. It is literally being rigged and decided
outside the natural ebb and flow of supply and demand.
But you don't want, you don't want to do anything
about rental hikes, stopping them. You don't want to do

(30:37):
anything to cap that. You don't want any type of
protection from that.

Speaker 2 (30:41):
Well, you wouldn't want to impende on anyone's freedoms to yes,
gouge people right right, or to be gouged. You have
the freedom to be gouged. This is what and I
love when I get the hate meal talk. I got
one today talking about We had its conversation talking about
the universal basic income, and I was called a communist.
For No, it's not that it's understanding how capitalism works.

(31:05):
Capitalism is a zero sum game. Someone has to win
and someone has to lose. Someone will be rich and
someone will be poor. But when you have unfettered capitalism,
the people who are rich make sure that the poor
will remain poor.

Speaker 1 (31:21):
And there's no way for them to change that. And
there's a limitation as far as how many jobs will
be out there big picture, twenty thirty years out, certain
jobs will just not exist anymore. It doesn't matter, you know,
if you think people are lazy or something. It's not
that there are structural limitations on capitalism to provide jobs
to everyone. Not everyone has bootstraps to pull themselves up

(31:43):
by or boots, that's true, yeah, or socks or feet.

Speaker 3 (31:48):
You know, keep going, just work your way out.

Speaker 1 (31:52):
It's a lie when people say otherwise. But let me
just come back to this and you know rent and
all so AI, it's going to be actually impossible for
someone who is renting to ever get ahead. Think of
it this way, if you know that whatever your main
bill is going to go up eight to nine percent

(32:14):
every single year, no matter what, and you can't even
look for another neighborhood because wherever you go, the rental
prices is going to be pretty much the same because
they have been predetermined because all the landlords have gotten
together using the same AI software and making sure that
everyone is getting about the same rent, so they can't
they're not even competing against one another. You as the renter,

(32:38):
will always lose one hundred percent of the time because it's.

Speaker 3 (32:42):
A great big mouthful of that freedom.

Speaker 1 (32:43):
Yeah right, because there's no rent control because you voted
it down three times now, no rent control, and they
are legally allowed to raise your rent eight to nine
percent every single year, and.

Speaker 2 (32:53):
They'll do as much as they possibly can every time
because they can.

Speaker 1 (32:59):
Right nowhere for you to go, because the rent you're
gonna pay basically the same rent wherever you go. It's
not like you can say, okay, we want to go
over here with the rent is six hundred dollars less. No,
it's rigged, and you voted for it, and you like it,
and it tastes good. It's later with Mo Kelly kf

(33:20):
I AM six forty Live everywhere in the iHeartRadio app.
More informing, more engaging, it's more stimulating.

Speaker 3 (33:27):
Kay and Fi and the KOST HD two

Speaker 1 (33:30):
Los Angeles, Orange County Live everywhere on the radio.

Later, with Mo'Kelly News

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