April 9, 2025 • 26 mins
(April 09, 2025)
Amy King and Neil Saavedra join Bill for Handel on the News. China slaps retaliatory tariffs of 84% on US goods in response to Trump. Feds launch task force to investigate California homelessness funds. Acting IRS Commissioner Melanie Krause departing agency. Judge orders White House to allow AP access to news events. Dominican Republic nightclub collapse: Rescuers search for survivors.
Amy King and Neil Saavedra join Bill for Handel on the News. China slaps retaliatory tariffs of 84% on US goods in response to Trump. Feds launch task force to investigate California homelessness funds. Acting IRS Commissioner Melanie Krause departing agency. Judge orders White House to allow AP access to news events. Dominican Republic nightclub collapse: Rescuers search for survivors.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
You're listening to Bill Handle on demand from KF I
am six forty.
Speaker 2 (00:12):
Because they look like the nicest guy in the world. Though, yeah,
it totally does.
Speaker 3 (00:16):
I know he you know, it's almost like you look
at sloths, right, the smile they have and they just,
you know, they look so sweet. In the meantime, they
have these claws that will rip you to shreds slowly.
Speaker 1 (00:30):
And now handle on the news, ladies and gentlemen.
Speaker 2 (00:34):
Here's Bill Handle.
Speaker 4 (00:38):
Okay, and good morning everybody.
Speaker 5 (00:54):
Handle here. It is a someone doesn't have mute on.
It is a what day is it?
Speaker 2 (01:02):
It's a Wednesday.
Speaker 5 (01:02):
It's a humpday, April ninth, six days away from tax day.
Speaker 2 (01:08):
Very exciting as we.
Speaker 5 (01:11):
Move ahead, I can't wait to talk about what's going on.
I'm trying to get my partner on phone call into
him because, as you know, he and I both have
or involved in this Cookwaar business Cookwaar import business. And
you know where we get our cookwear China, China, and
(01:31):
we are reeling well, he's the one that handles it
and talking to factories, our factories, not our factories, the
factories we deal with in China. And so I'm going
to come back and if I can get him aboard,
I want to talk or have him talk about a
personal story someone who is involved that I'm involved with.
(01:52):
So we have some connection, you have some idea. What's
going on.
Speaker 2 (01:55):
In the meantime, let me say a quick hello to
one an All.
Speaker 5 (01:58):
Neil.
Speaker 2 (01:59):
There you are, Willie Wolf, Good morning.
Speaker 5 (02:01):
Yes there, Will, I can see you with the best
haircut in the world.
Speaker 2 (02:07):
How you doing Will here on this head?
Speaker 5 (02:10):
Yeah? Will has no hair either. Actually Neil has no
hair either. No, Will has a head, just doesn't have hair.
Very very good. Anyway, good morning and good morning.
Speaker 2 (02:23):
Hi. Hi, well said Amy, Good morning, Hi Bill, and Cono,
good morning, Good morning. You're not on zoom Cono, so
I can't see you working on it as you're in
the other room.
Speaker 5 (02:37):
And we believe in when did you start working just
a few minutes ago? It just came on. Yeah, I
just came on. I was able to and I'm no
computer techo.
Speaker 2 (02:50):
So I was. I was able to play with it.
Speaker 5 (02:54):
I pressed some buttons, I went to certain places, I
went back and forth because Lindsay also just walked in
the room.
Speaker 2 (03:01):
And fixed it.
Speaker 6 (03:01):
Oh, okay, there's the truth.
Speaker 2 (03:04):
Yeah, there's the truth.
Speaker 5 (03:07):
All Right, guys, I don't know what's new with you,
but we have plenty that's new with us.
Speaker 2 (03:11):
Let me get the stories. And you know.
Speaker 5 (03:14):
Also, I'm very very excited because Neil finally, after low
these many months, what am I going to get? I'm
going to get the big Green Egg which Neil has
at his house. And it is a grilling mechanism. It
is a grilling machine, which is not much of a machine.
There aren't very many moving parts. I don't think there
are any, are there? Well, the lid opens.
Speaker 2 (03:38):
Okay, that's a moving part, thank you very much.
Speaker 5 (03:42):
That's like, that's like mechanized bathrooms because the toilet paper
roll actually works.
Speaker 6 (03:48):
No, it's thousands of years old. The tech.
Speaker 2 (03:52):
Yeah, it's fabulous.
Speaker 5 (03:55):
And we're putting together a broadcast at my house for
the Folk Report Show, and it's going to be neat
and we are going to have a contest where listeners
will absolutely not be able to come because if you
think I'm gonna have listeners show at up my house,
(04:16):
you are out of your mind.
Speaker 2 (04:18):
Okay, it will.
Speaker 7 (04:20):
We'll fly over and get aerial shots. It'll be great, Yes,
sure it will. Yeah, it'll be a whole thing.
Speaker 2 (04:29):
Yeah.
Speaker 5 (04:30):
So, because this is radio, and because this is Handle
trying to arrange free food, trying to arrange.
Speaker 2 (04:38):
Well, I'm gonna try to get We're trying to get
the free food.
Speaker 5 (04:40):
We're gonna have chefs there, we get the green egg
people showing up.
Speaker 2 (04:43):
I wonder what else I can get for free?
Speaker 7 (04:46):
Hey, I just wanted to take a minute and thank
you for breaking all the stereotypes.
Speaker 6 (04:50):
It's very good at you.
Speaker 5 (04:52):
Well, you know my philosophy with radio, and what is
my philosophy?
Speaker 6 (04:56):
You can't get it for free, you don't need it.
Speaker 2 (04:58):
That's correct. It's that simple.
Speaker 5 (05:02):
Okay, guys, why don't we move ahead and go right
into Handle on the news on this Wednesday morning, April ninth, Amy,
did I say hello to you? Amy?
Speaker 2 (05:12):
By the way you did?
Speaker 5 (05:13):
Okay, and I've already forgotten you tell me that I
don't have early on set?
Speaker 2 (05:17):
Huh? Amy and Neil and me late story. I'm ready
for a fight. This is warm.
Speaker 5 (05:25):
Oh yeah, Well, China's doing it back and forth. Retaliatory
tariffs are coming back. So Trump, as we know a
few days ago, said thirty four percent tariffs because it's
an unplaying it's an unfair playing field.
Speaker 2 (05:42):
Which it is, by the way. And but the problem is.
Speaker 5 (05:45):
Trump is going at this as a with a very
fast bulldozer. And so China comes right back and says, okay,
thirty four percent on you. Trump comes back and says
one hundred and four percent. China comes back, I mean
within a matter of hours, back and forth.
Speaker 2 (06:01):
Now it's eighty four percent.
Speaker 6 (06:03):
Uh.
Speaker 5 (06:03):
And while other countries are really sweating bullets. According to
the Trump administration, seventy countries have contacted the United States saying, okay,
let's talk about this tariff business. WHOA, we want some
kind of negotiation.
Speaker 2 (06:18):
China is not.
Speaker 5 (06:19):
And China is a big gorilla gorilla in this fight.
And so we're going to see how this pans out.
In the meantime, Amy, what the what are the futures?
Speaker 2 (06:31):
The market opens up in half an hour?
Speaker 8 (06:33):
The stock futures right now? The Dow off five seventy
three one on nine down for Nasdaq fift so right
around between one and two percent for the indexes right now.
Speaker 5 (06:44):
All right, So we are just a hair skip and
a tear and the hair off of a tooth. Use
I'll get that at some point, I am, I am,
I'm getting there.
Speaker 6 (06:59):
Time to buy well, like here, it.
Speaker 5 (07:03):
Is trying to figure here, it is trying to figure
out the market. We're about to go into a bear
market straight in, and then the talk of recession is
just getting more and more. It's I gotta tell you,
we're into some real interesting times. As I've said, Trump
gets elected, we're looking at a roller.
Speaker 2 (07:21):
Coaster ride in this country. And it is absolutely true.
Speaker 5 (07:23):
One of the things about Donald Trump man, there's no
hidden agenda with this man. He said, this is what
I'm going to do. We elected him. This is what
he is doing. A lot of people didn't think to
the extent he's doing it, and how rapidly he's doing it.
I mean, there are a lot of business folks that
are going, WHOA, wait a minute, Maybe we didn't want
this quickly. You know, you be careful what you wish for. Okay,
(07:46):
let's move on.
Speaker 8 (07:49):
Where did all that money go? The newly appointed US
attorney for Los Angeles' surrounding areas says they're forming a
criminal task force to investigate potential fraud and corruption involving
local homelessness funds. Bill Saley cited millions of dollars in
(08:11):
federal funds that have been allocated to address homelessness, and
yet the problem is getting worse and a recent court
ordered audit that found major flaws in homeless services and.
Speaker 5 (08:22):
Our seven I'm gonna do this for I'm going to
dive more into it and then you'll let, you know,
throw your two cents in. And the response has been,
you know, there have been scathing reports on this of
what's going on with this homeless money in La County
shut off the La City Housing Authority and so money
(08:42):
is disappeared. It is horrible, and you know what the
city is saying, Oh, but we've gotten homeless people off
the street. Okay, how about the money that is gone, Well,
we've gotten homeless people off the street.
Speaker 4 (08:57):
Ah.
Speaker 2 (08:57):
I can't wait for this one to pan out more. Neil,
you were going to say.
Speaker 6 (09:02):
You know how many private jets you can take to Ghana?
The money that's missing a.
Speaker 2 (09:07):
Lot, Yeah, but there were no private jets. You can't argue.
You can't argue.
Speaker 7 (09:12):
A friend of mine, Councilwoman Monica Rodriguez, last year, I
think maybe even the year before, started uh, you know,
sounding the alarm on this, and no one gave her
any attention, and she got pushback from City Hall, and
now it's coming out exactly what she was saying. There
was no accounting for the money at all.
Speaker 5 (09:33):
Well, you're going to see with the new US Attorney
for Los Angeles appointed by Pam Bondi, a staunch Republican.
He comes from the state I think, state Senate, no
Assembly here in California. And keep in mind, the administration
hates California, hates La County, hates the city, hates Democrats,
(09:57):
all of which this is controlled by the Democrats. I'm
talking about the programs here. This thing is going to
blow up, and it should. It should if there is
wrongdoing here. If it's just pure negligence, well that's wrongdoing too.
Speaker 7 (10:10):
On my the way I do it, all right. One
thing I know is that tax Day is coming. One
thing we don't know is who will be the IRS
Commissioner during that time, because it keeps changing. Acting IRS
Commissioner Melanie Krauss is expected to resign. According to two
administration officials, this agency's top leadership is rocking. She's the
(10:35):
third person to lead the IRS since January. Acting Commissioner
Doug O'Donnell left last month. Her departure comes after the
agency agreed to share tax information with federal immigration agents
to help them find immigrants in the US illegally. So
I'm not sure that has to do with it, But anywhere.
Speaker 5 (10:58):
The IRS is changing commissioners about as often as you
change your underwear, Neil once a week.
Speaker 2 (11:06):
Moving on that.
Speaker 6 (11:09):
Confused, Oh, no, score.
Speaker 8 (11:13):
Win for the First Amendment. A federal judge has ordered
the White House to restore the Associated Press is full
access to President Trump, saying that the effort to ban
Associated Press because of objections of its coverage violated the
First Amendment. So it was a pretty clear case of
a violation. This was a Trump appointed judge who made
(11:34):
the ruling. Trump officials started barring the Associated Press from
covering events in the Oval Office and on Air Force
one in February after AP refused to adopt the administration's
renaming of the Gulf of Mexico to the Gulf of America.
Speaker 2 (11:52):
Yeah.
Speaker 5 (11:52):
Now think about this, and the judge said this, there
is absolutely no reason other than pure retribute to ban
the AP. All they did was say we are going
to use the internationally known UH term for the Gulf
of Mexico, the Gulf of Mexico, which has been the
(12:13):
Gulf of Mexico for oh, I don't know, four hundred
years maybe, And because AP wouldn't do what Trump said,
and that is this is what we're going to call it.
Speaker 2 (12:23):
They're banned and Judge said, no, no, no, no, you can't do that.
Speaker 8 (12:27):
Uh.
Speaker 5 (12:28):
It's first of all, press involvement and press access to
the presidency and the government is way too important to
have you just arbitrarily say that.
Speaker 7 (12:38):
Come on, wasn't Trump just offended that they were dead
naming the Gulf of Mexico?
Speaker 6 (12:45):
They were what dead naming?
Speaker 2 (12:48):
Okay, I don't.
Speaker 6 (12:50):
Refer to somebody trans as their old name.
Speaker 2 (12:55):
Huh.
Speaker 7 (12:55):
Never n the death poll of the roof collapse at
a popular nightclub in the Dominican Republic. It claimed the
lives of people, you know, former athletes, politicians, climbed to
one hundred and thirteen on Wednesday. As rescue workers were
searching obviously very desperately to find survivors. More than one
hundred and fifty five people were taken the hospitals via
(13:19):
ambulance after this massive incident at the jet Set nightclub
in Santa Domingo.
Speaker 6 (13:26):
You know, don't we hear of these every once in
a while.
Speaker 7 (13:30):
Where they're like a roof collapse or a balcony or
something at a nightclub.
Speaker 2 (13:34):
But look at the bad luck here.
Speaker 5 (13:35):
Unless there were people on the roof or there was
an extraordinary weight on the roof during the course of
one of the nightclub's big nights, this thing could have
collapsed during the day when no one was there. It
could have collapsed at another time. It collapses in the
middle of it being jammed during an evening when the
(13:55):
festivities were going on.
Speaker 6 (13:56):
You talked the weight had something to do with it.
Speaker 2 (14:00):
Wait the roof. Well, who was on the roof?
Speaker 7 (14:04):
Oh, I thought they Well, I thought it was a
rooftop establishment.
Speaker 5 (14:08):
Well, no, it was the roof that collapse in on it. No,
it was on the it was No, it was a
building that was on the ground. It wasn't up on
up in the air at all. The roof just collabs.
If you collapse, and if you look at video, my god,
it is horrific.
Speaker 2 (14:22):
It really is.
Speaker 8 (14:23):
All Right, forget the cavalry, let's call in the drones.
The Drump administration is considering launching drone strikes on drug
cartels in Mexico as part of its effort to fight
criminal gang trafficking and drugs across the southern border. The
administration hasn't made any final decision and has not reached
a definitive agreement about countering the cartels without Mexico's consent.
(14:49):
There could be some issues, but they are calling it
an option of last resort. Unclear whether American officials have
even floated the possibility of drone strikes to the Mexican government.
Speaker 2 (15:00):
We've worked before.
Speaker 5 (15:01):
I mean, do you have these joint tasks for task
force forces and you have the DOJ working with the
equivalent in Mexico. It happens all the time. The cartel
is no fun for anybody. But usually if the United
States says this unilaterally, which it has done these countries,
Mexico gets really pissed off.
Speaker 6 (15:23):
Drones for drugs love it.
Speaker 7 (15:27):
Chevron is in the process of moving its corporate operations
to the Houston area, which means they're laying off about
six hundred employees based in California.
Speaker 6 (15:38):
Looks like it may go up again.
Speaker 7 (15:40):
The company plans lay off about twenty five percent of
its workforce during the next two years. Is it restructures operations,
more cuts likely to come.
Speaker 6 (15:49):
As they said, we'll see how it changes.
Speaker 7 (15:54):
But officials in the companies say they're making the move
from California because Texas offers more business friendly environment.
Speaker 5 (16:02):
No crap, Yeah, Texas is kind of fine. You go
to Houston and build. I don't know if there are
any zoning restrictions in Houston, for example, Southern California. California
in general, it's impossible to do anything. It's impossible to build,
it's impossible to develop, and it's possible to do business.
Speaker 2 (16:20):
So guess what.
Speaker 5 (16:21):
Everybody moves, Yet our population does not go down, and
that's because of immigration. Questionable as to the legality. Also,
I'm sorry, Amy.
Speaker 8 (16:32):
Go ahead, Oh that's fine. Administration has to walk it
back again. Hag Seth has to walk back a ban
on he she and they them, And here's why. The
Air Force says that hag Seth announced a pro nine ban,
but then they realized that it we're in counter to
(16:55):
a Biden Area era defense policy that bars the Pentagon
from establishing any pronoun policies. So the ban was announced
in February. It ordered the Air Force to immediately stop
using preferred nouns in any official communications. But then the
Air Force said this week we're changing because the pronoun
ban is a violation of the twenty twenty four Annual
(17:18):
Defense Policy, which again bans the Defense Department from making
any pronoun policy, whether it's before, against, or for the use.
Speaker 5 (17:27):
Don't you find it surprising that the Pentagon is actually
paying attention to a policy instituted instituted by the Biden administration,
as opposed to just ignoring it and saying, take me
to court.
Speaker 2 (17:41):
But how about the policy?
Speaker 6 (17:42):
Who cares about people's pronouns?
Speaker 4 (17:45):
Oh?
Speaker 2 (17:46):
Really? Who cares?
Speaker 4 (17:47):
Oh?
Speaker 2 (17:47):
I don't know. How about this administration? Who's going nuts?
Speaker 6 (17:52):
But if somebody wants to be referred to is.
Speaker 2 (17:54):
Not in the military, not in the military.
Speaker 6 (18:00):
I guess it's tough to say yes sir, no sir.
Speaker 8 (18:04):
Oh that's that's actually a good one, because you know
you would you would say to a female officer, you
would say yes, ma'am.
Speaker 2 (18:10):
Yes you would a male.
Speaker 8 (18:11):
Officer you would say yes sir. So if you had
a non binary officer, what would you say?
Speaker 6 (18:16):
Yes them, yes them?
Speaker 2 (18:18):
Or yes they yes they and in the South yes y'all.
Speaker 7 (18:23):
Interestingly enough, in the Star Wars universe, the people that
are higher up are referred to as yes sir, even
if they're female.
Speaker 2 (18:33):
Huh okay, good to know. Huh yeah.
Speaker 6 (18:37):
Yeah, if you're into Star Wars.
Speaker 2 (18:39):
Yeah, I understand.
Speaker 6 (18:42):
Is this me?
Speaker 2 (18:43):
Yeah, that's you.
Speaker 6 (18:44):
Okay, I was thinking about Star Wars.
Speaker 7 (18:51):
Ukrainian President of Vladimir Zelenski said two Chinese nationals fighting
in the Russian Army have been taken prisoner in East
during Ukraine. They found you know, national documents, bank cards,
personal data, all this stuff, and they say they have
information that there are many more Chinese citizens in the
(19:11):
occupiers units than just these two. We've known about that
for a while, but they're starting to see it on
the front lines and now they've captured some.
Speaker 2 (19:21):
Yeah, usually it was North Koreans. Now it's Chinese that
they're finding.
Speaker 5 (19:26):
I mean, these two denied they were Chinese, and then
it was well, then what are you doing with egg
rolls in your pocket? Couldn't deny that?
Speaker 2 (19:35):
Oh?
Speaker 7 (19:35):
I just got a friend of mine, Greg just texted
me said you would refer to their rank?
Speaker 6 (19:40):
Say yes, general, Oh all right, that makes sense. That
that makes sense.
Speaker 2 (19:44):
Oh, here's an interesting factoid.
Speaker 5 (19:47):
If you have an enlisted person as low as you
can go in the military who has received the Medal
of Honor, General's Chief of the the Joint Chiefs salute
that soldier. Did you know that they actually you'll have
(20:07):
a general salute and enlisted man wearing the medal of Honor.
Speaker 6 (20:13):
Wow.
Speaker 2 (20:14):
Yeah, it's pretty impressive stuff.
Speaker 8 (20:19):
You'd think they know better and do better by now.
A Roman Catholic priest is facing five felony counts of
child molestation and has been removed from his parish in
Downey after being arrested by Ellie Kanta Sheriff's deputies. Father
Jamie Ariaga Blood not guilty on Monday to assault with
(20:39):
intent to commit a felony against a person fourteen to
fifteen years old. This is the only person involved, but
officials say there may be more victims.
Speaker 2 (20:49):
Yeah.
Speaker 5 (20:49):
A couple of things about this, and this is where
I'm going to give the Catholic Church actually some creds here,
some kudos. First of all, the story LA Time story
starts with the arch diocese has been hit the largest
settlement and been hit with the largest legal issues in
I think the United States maybe the world. Eight hundred
(21:10):
and eighty million dollars civil settlement with victims now one
point five billion dollars, so when they passed the plate.
Speaker 2 (21:19):
If you're in church, this is a lot of this
is going to pay off victims and victims families.
Speaker 5 (21:25):
But where the church used to protect these child molesting
priests and transfer them into other parishes and hide them
knowing they were child molesters. Now the church has gone
the other way. Now the Catholic Church will not stand
for it. And they're going balls to the wall part
(21:46):
in the phrase, in this particular circumstance, but they're going
balls to the wall to make sure that these guys
are arrested, they're held accountable. And so you know, I
have to give credit for that, you really have to.
And that's not being told very often.
Speaker 2 (22:01):
All right.
Speaker 7 (22:02):
Elon Musk use one of Bill Handel's favorite words and
referred to someone truly as truly a moron. So Elon
Musk took another job at President Donald trump senior trade
advisor Peter Navarro just yesterday calling him a moron on
social media. As the Tesla CEO further splits from the
(22:23):
White House Tariff's plan, it's like becoming a soap opera
now as the stomach turns.
Speaker 2 (22:31):
And no, I think it's I think is great. I
think it is just terrific that this is happening.
Speaker 5 (22:37):
I mean, but this is this is actually this is
the fun part of the Trump administration.
Speaker 2 (22:41):
The name calling, the vitriol.
Speaker 5 (22:44):
If it doesn't transfer into real policy that hurts people,
this is just name calling.
Speaker 2 (22:49):
That's just kind of fun. It really is.
Speaker 7 (22:51):
Here Let's make to Tesla as a car assembler rather
than a manufacturer, and that set Elon off going crazy.
Speaker 5 (23:00):
And Tesla is the most made in America car that
exists in terms of the parts and what's going on.
Although a huge number of parts, of course they're bought
from overseas, from Canada for Mexico as all as all
the manufacturers are. I'm sorry, Amy, the batteries, right, battery
technology comes in. Although there's a huge battery manufacturing plant
(23:23):
that Tesla has in Reno. I think maybe it's the
biggest many battery plant in the world.
Speaker 8 (23:31):
So I hope you're taking very good care of the
phone that you currently have and don't break it. Because
a prominent tech analyst has warned that the price of
an Apple iPhone could soar if they have to be
made in the US. Currently most of them made in China.
Dan Ives is the global head of technology research at
financial services firm web Bush Securities. He says that US
(23:56):
made iPhones are possible, but they could cost more than
three times their current price. So he said, yeah, go ahead,
build them in the US with a fab in West Virginia,
New Jersey, and they'll be thirty five hundred dollars.
Speaker 5 (24:08):
Well, and here's why it's never going to happen, because
if you look at the numbers here, let's say Apple says, okay,
we are now going to manufacture in the US. All right,
forget about the costs of of course building the factories
and the cost of labor, which is going to be
five times as much. But according to the story, it
(24:30):
thirty billion dollars three years to move into an American factory.
That's ten percent of the number of Apple phones that
would be manufactured. After the infrastructure you need for this
kind of a product is so immense that it's just
(24:51):
not going to happen.
Speaker 2 (24:52):
It's just no.
Speaker 7 (24:53):
I was talking to a buddy yesterday and I never
thought about this, But this is another switch. The vast
majority of stainless steel comes from China. Yeah, we do
have some in the States that are made. So companies
are switching trying to switch over to the American maid
stainless steel, and guess what happened.
Speaker 6 (25:13):
Supplying demand shot up and the costume.
Speaker 5 (25:18):
As a matter of fact, here's what we're gonna do
to your point is we're gonna have my partner, Savile
on in a moment and talk about talk about our business.
Speaker 2 (25:27):
We import cookware from China and.
Speaker 5 (25:30):
It's made of stainless steel, and we're caught up right
in the middle of it, and Savile is sweating bullets
on this one. We've been talking about this for days
and he's gonna join us and we're going to talk
about a small American company dealing with the tariffs. Well
that's and it's ours, So that's coming right up. This
(25:52):
is KFI A M six.
Speaker 2 (25:55):
You've been listening to the Bill Handle Show.
Speaker 5 (25:56):
Catch My Show Monday through Friday, six am to nine am,
and anytime on demand on the iHeartRadio app.
You're listening to Bill Handle on demand from KF I
am six forty.
Speaker 2 (00:12):
Because they look like the nicest guy in the world. Though, yeah,
it totally does.
Speaker 3 (00:16):
I know he you know, it's almost like you look
at sloths, right, the smile they have and they just,
you know, they look so sweet. In the meantime, they
have these claws that will rip you to shreds slowly.
Speaker 1 (00:30):
And now handle on the news, ladies and gentlemen.
Speaker 2 (00:34):
Here's Bill Handle.
Speaker 4 (00:38):
Okay, and good morning everybody.
Speaker 5 (00:54):
Handle here. It is a someone doesn't have mute on.
It is a what day is it?
Speaker 2 (01:02):
It's a Wednesday.
Speaker 5 (01:02):
It's a humpday, April ninth, six days away from tax day.
Speaker 2 (01:08):
Very exciting as we.
Speaker 5 (01:11):
Move ahead, I can't wait to talk about what's going on.
I'm trying to get my partner on phone call into
him because, as you know, he and I both have
or involved in this Cookwaar business Cookwaar import business. And
you know where we get our cookwear China, China, and
(01:31):
we are reeling well, he's the one that handles it
and talking to factories, our factories, not our factories, the
factories we deal with in China. And so I'm going
to come back and if I can get him aboard,
I want to talk or have him talk about a
personal story someone who is involved that I'm involved with.
(01:52):
So we have some connection, you have some idea. What's
going on.
Speaker 2 (01:55):
In the meantime, let me say a quick hello to
one an All.
Speaker 5 (01:58):
Neil.
Speaker 2 (01:59):
There you are, Willie Wolf, Good morning.
Speaker 5 (02:01):
Yes there, Will, I can see you with the best
haircut in the world.
Speaker 2 (02:07):
How you doing Will here on this head?
Speaker 5 (02:10):
Yeah? Will has no hair either. Actually Neil has no
hair either. No, Will has a head, just doesn't have hair.
Very very good. Anyway, good morning and good morning.
Speaker 2 (02:23):
Hi. Hi, well said Amy, Good morning, Hi Bill, and Cono,
good morning, Good morning. You're not on zoom Cono, so
I can't see you working on it as you're in
the other room.
Speaker 5 (02:37):
And we believe in when did you start working just
a few minutes ago? It just came on. Yeah, I
just came on. I was able to and I'm no
computer techo.
Speaker 2 (02:50):
So I was. I was able to play with it.
Speaker 5 (02:54):
I pressed some buttons, I went to certain places, I
went back and forth because Lindsay also just walked in
the room.
Speaker 2 (03:01):
And fixed it.
Speaker 6 (03:01):
Oh, okay, there's the truth.
Speaker 2 (03:04):
Yeah, there's the truth.
Speaker 5 (03:07):
All Right, guys, I don't know what's new with you,
but we have plenty that's new with us.
Speaker 2 (03:11):
Let me get the stories. And you know.
Speaker 5 (03:14):
Also, I'm very very excited because Neil finally, after low
these many months, what am I going to get? I'm
going to get the big Green Egg which Neil has
at his house. And it is a grilling mechanism. It
is a grilling machine, which is not much of a machine.
There aren't very many moving parts. I don't think there
are any, are there? Well, the lid opens.
Speaker 2 (03:38):
Okay, that's a moving part, thank you very much.
Speaker 5 (03:42):
That's like, that's like mechanized bathrooms because the toilet paper
roll actually works.
Speaker 6 (03:48):
No, it's thousands of years old. The tech.
Speaker 2 (03:52):
Yeah, it's fabulous.
Speaker 5 (03:55):
And we're putting together a broadcast at my house for
the Folk Report Show, and it's going to be neat
and we are going to have a contest where listeners
will absolutely not be able to come because if you
think I'm gonna have listeners show at up my house,
(04:16):
you are out of your mind.
Speaker 2 (04:18):
Okay, it will.
Speaker 7 (04:20):
We'll fly over and get aerial shots. It'll be great, Yes,
sure it will. Yeah, it'll be a whole thing.
Speaker 2 (04:29):
Yeah.
Speaker 5 (04:30):
So, because this is radio, and because this is Handle
trying to arrange free food, trying to arrange.
Speaker 2 (04:38):
Well, I'm gonna try to get We're trying to get
the free food.
Speaker 5 (04:40):
We're gonna have chefs there, we get the green egg
people showing up.
Speaker 2 (04:43):
I wonder what else I can get for free?
Speaker 7 (04:46):
Hey, I just wanted to take a minute and thank
you for breaking all the stereotypes.
Speaker 6 (04:50):
It's very good at you.
Speaker 5 (04:52):
Well, you know my philosophy with radio, and what is
my philosophy?
Speaker 6 (04:56):
You can't get it for free, you don't need it.
Speaker 2 (04:58):
That's correct. It's that simple.
Speaker 5 (05:02):
Okay, guys, why don't we move ahead and go right
into Handle on the news on this Wednesday morning, April ninth, Amy,
did I say hello to you? Amy?
Speaker 2 (05:12):
By the way you did?
Speaker 5 (05:13):
Okay, and I've already forgotten you tell me that I
don't have early on set?
Speaker 2 (05:17):
Huh? Amy and Neil and me late story. I'm ready
for a fight. This is warm.
Speaker 5 (05:25):
Oh yeah, Well, China's doing it back and forth. Retaliatory
tariffs are coming back. So Trump, as we know a
few days ago, said thirty four percent tariffs because it's
an unplaying it's an unfair playing field.
Speaker 2 (05:42):
Which it is, by the way. And but the problem is.
Speaker 5 (05:45):
Trump is going at this as a with a very
fast bulldozer. And so China comes right back and says, okay,
thirty four percent on you. Trump comes back and says
one hundred and four percent. China comes back, I mean
within a matter of hours, back and forth.
Speaker 2 (06:01):
Now it's eighty four percent.
Speaker 6 (06:03):
Uh.
Speaker 5 (06:03):
And while other countries are really sweating bullets. According to
the Trump administration, seventy countries have contacted the United States saying, okay,
let's talk about this tariff business. WHOA, we want some
kind of negotiation.
Speaker 2 (06:18):
China is not.
Speaker 5 (06:19):
And China is a big gorilla gorilla in this fight.
And so we're going to see how this pans out.
In the meantime, Amy, what the what are the futures?
Speaker 2 (06:31):
The market opens up in half an hour?
Speaker 8 (06:33):
The stock futures right now? The Dow off five seventy
three one on nine down for Nasdaq fift so right
around between one and two percent for the indexes right now.
Speaker 5 (06:44):
All right, So we are just a hair skip and
a tear and the hair off of a tooth. Use
I'll get that at some point, I am, I am,
I'm getting there.
Speaker 6 (06:59):
Time to buy well, like here, it.
Speaker 5 (07:03):
Is trying to figure here, it is trying to figure
out the market. We're about to go into a bear
market straight in, and then the talk of recession is
just getting more and more. It's I gotta tell you,
we're into some real interesting times. As I've said, Trump
gets elected, we're looking at a roller.
Speaker 2 (07:21):
Coaster ride in this country. And it is absolutely true.
Speaker 5 (07:23):
One of the things about Donald Trump man, there's no
hidden agenda with this man. He said, this is what
I'm going to do. We elected him. This is what
he is doing. A lot of people didn't think to
the extent he's doing it, and how rapidly he's doing it.
I mean, there are a lot of business folks that
are going, WHOA, wait a minute, Maybe we didn't want
this quickly. You know, you be careful what you wish for. Okay,
(07:46):
let's move on.
Speaker 8 (07:49):
Where did all that money go? The newly appointed US
attorney for Los Angeles' surrounding areas says they're forming a
criminal task force to investigate potential fraud and corruption involving
local homelessness funds. Bill Saley cited millions of dollars in
(08:11):
federal funds that have been allocated to address homelessness, and
yet the problem is getting worse and a recent court
ordered audit that found major flaws in homeless services and.
Speaker 5 (08:22):
Our seven I'm gonna do this for I'm going to
dive more into it and then you'll let, you know,
throw your two cents in. And the response has been,
you know, there have been scathing reports on this of
what's going on with this homeless money in La County
shut off the La City Housing Authority and so money
(08:42):
is disappeared. It is horrible, and you know what the
city is saying, Oh, but we've gotten homeless people off
the street. Okay, how about the money that is gone, Well,
we've gotten homeless people off the street.
Speaker 4 (08:57):
Ah.
Speaker 2 (08:57):
I can't wait for this one to pan out more. Neil,
you were going to say.
Speaker 6 (09:02):
You know how many private jets you can take to Ghana?
The money that's missing a.
Speaker 2 (09:07):
Lot, Yeah, but there were no private jets. You can't argue.
You can't argue.
Speaker 7 (09:12):
A friend of mine, Councilwoman Monica Rodriguez, last year, I
think maybe even the year before, started uh, you know,
sounding the alarm on this, and no one gave her
any attention, and she got pushback from City Hall, and
now it's coming out exactly what she was saying. There
was no accounting for the money at all.
Speaker 5 (09:33):
Well, you're going to see with the new US Attorney
for Los Angeles appointed by Pam Bondi, a staunch Republican.
He comes from the state I think, state Senate, no
Assembly here in California. And keep in mind, the administration
hates California, hates La County, hates the city, hates Democrats,
(09:57):
all of which this is controlled by the Democrats. I'm
talking about the programs here. This thing is going to
blow up, and it should. It should if there is
wrongdoing here. If it's just pure negligence, well that's wrongdoing too.
Speaker 7 (10:10):
On my the way I do it, all right. One
thing I know is that tax Day is coming. One
thing we don't know is who will be the IRS
Commissioner during that time, because it keeps changing. Acting IRS
Commissioner Melanie Krauss is expected to resign. According to two
administration officials, this agency's top leadership is rocking. She's the
(10:35):
third person to lead the IRS since January. Acting Commissioner
Doug O'Donnell left last month. Her departure comes after the
agency agreed to share tax information with federal immigration agents
to help them find immigrants in the US illegally. So
I'm not sure that has to do with it, But anywhere.
Speaker 5 (10:58):
The IRS is changing commissioners about as often as you
change your underwear, Neil once a week.
Speaker 2 (11:06):
Moving on that.
Speaker 6 (11:09):
Confused, Oh, no, score.
Speaker 8 (11:13):
Win for the First Amendment. A federal judge has ordered
the White House to restore the Associated Press is full
access to President Trump, saying that the effort to ban
Associated Press because of objections of its coverage violated the
First Amendment. So it was a pretty clear case of
a violation. This was a Trump appointed judge who made
(11:34):
the ruling. Trump officials started barring the Associated Press from
covering events in the Oval Office and on Air Force
one in February after AP refused to adopt the administration's
renaming of the Gulf of Mexico to the Gulf of America.
Speaker 2 (11:52):
Yeah.
Speaker 5 (11:52):
Now think about this, and the judge said this, there
is absolutely no reason other than pure retribute to ban
the AP. All they did was say we are going
to use the internationally known UH term for the Gulf
of Mexico, the Gulf of Mexico, which has been the
(12:13):
Gulf of Mexico for oh, I don't know, four hundred
years maybe, And because AP wouldn't do what Trump said,
and that is this is what we're going to call it.
Speaker 2 (12:23):
They're banned and Judge said, no, no, no, no, you can't do that.
Speaker 8 (12:27):
Uh.
Speaker 5 (12:28):
It's first of all, press involvement and press access to
the presidency and the government is way too important to
have you just arbitrarily say that.
Speaker 7 (12:38):
Come on, wasn't Trump just offended that they were dead
naming the Gulf of Mexico?
Speaker 6 (12:45):
They were what dead naming?
Speaker 2 (12:48):
Okay, I don't.
Speaker 6 (12:50):
Refer to somebody trans as their old name.
Speaker 2 (12:55):
Huh.
Speaker 7 (12:55):
Never n the death poll of the roof collapse at
a popular nightclub in the Dominican Republic. It claimed the
lives of people, you know, former athletes, politicians, climbed to
one hundred and thirteen on Wednesday. As rescue workers were
searching obviously very desperately to find survivors. More than one
hundred and fifty five people were taken the hospitals via
(13:19):
ambulance after this massive incident at the jet Set nightclub
in Santa Domingo.
Speaker 6 (13:26):
You know, don't we hear of these every once in
a while.
Speaker 7 (13:30):
Where they're like a roof collapse or a balcony or
something at a nightclub.
Speaker 2 (13:34):
But look at the bad luck here.
Speaker 5 (13:35):
Unless there were people on the roof or there was
an extraordinary weight on the roof during the course of
one of the nightclub's big nights, this thing could have
collapsed during the day when no one was there. It
could have collapsed at another time. It collapses in the
middle of it being jammed during an evening when the
(13:55):
festivities were going on.
Speaker 6 (13:56):
You talked the weight had something to do with it.
Speaker 2 (14:00):
Wait the roof. Well, who was on the roof?
Speaker 7 (14:04):
Oh, I thought they Well, I thought it was a
rooftop establishment.
Speaker 5 (14:08):
Well, no, it was the roof that collapse in on it. No,
it was on the it was No, it was a
building that was on the ground. It wasn't up on
up in the air at all. The roof just collabs.
If you collapse, and if you look at video, my god,
it is horrific.
Speaker 2 (14:22):
It really is.
Speaker 8 (14:23):
All Right, forget the cavalry, let's call in the drones.
The Drump administration is considering launching drone strikes on drug
cartels in Mexico as part of its effort to fight
criminal gang trafficking and drugs across the southern border. The
administration hasn't made any final decision and has not reached
a definitive agreement about countering the cartels without Mexico's consent.
(14:49):
There could be some issues, but they are calling it
an option of last resort. Unclear whether American officials have
even floated the possibility of drone strikes to the Mexican government.
Speaker 2 (15:00):
We've worked before.
Speaker 5 (15:01):
I mean, do you have these joint tasks for task
force forces and you have the DOJ working with the
equivalent in Mexico. It happens all the time. The cartel
is no fun for anybody. But usually if the United
States says this unilaterally, which it has done these countries,
Mexico gets really pissed off.
Speaker 6 (15:23):
Drones for drugs love it.
Speaker 7 (15:27):
Chevron is in the process of moving its corporate operations
to the Houston area, which means they're laying off about
six hundred employees based in California.
Speaker 6 (15:38):
Looks like it may go up again.
Speaker 7 (15:40):
The company plans lay off about twenty five percent of
its workforce during the next two years. Is it restructures operations,
more cuts likely to come.
Speaker 6 (15:49):
As they said, we'll see how it changes.
Speaker 7 (15:54):
But officials in the companies say they're making the move
from California because Texas offers more business friendly environment.
Speaker 5 (16:02):
No crap, Yeah, Texas is kind of fine. You go
to Houston and build. I don't know if there are
any zoning restrictions in Houston, for example, Southern California. California
in general, it's impossible to do anything. It's impossible to build,
it's impossible to develop, and it's possible to do business.
Speaker 2 (16:20):
So guess what.
Speaker 5 (16:21):
Everybody moves, Yet our population does not go down, and
that's because of immigration. Questionable as to the legality. Also,
I'm sorry, Amy.
Speaker 8 (16:32):
Go ahead, Oh that's fine. Administration has to walk it
back again. Hag Seth has to walk back a ban
on he she and they them, And here's why. The
Air Force says that hag Seth announced a pro nine ban,
but then they realized that it we're in counter to
(16:55):
a Biden Area era defense policy that bars the Pentagon
from establishing any pronoun policies. So the ban was announced
in February. It ordered the Air Force to immediately stop
using preferred nouns in any official communications. But then the
Air Force said this week we're changing because the pronoun
ban is a violation of the twenty twenty four Annual
(17:18):
Defense Policy, which again bans the Defense Department from making
any pronoun policy, whether it's before, against, or for the use.
Speaker 5 (17:27):
Don't you find it surprising that the Pentagon is actually
paying attention to a policy instituted instituted by the Biden administration,
as opposed to just ignoring it and saying, take me
to court.
Speaker 2 (17:41):
But how about the policy?
Speaker 6 (17:42):
Who cares about people's pronouns?
Speaker 4 (17:45):
Oh?
Speaker 2 (17:46):
Really? Who cares?
Speaker 4 (17:47):
Oh?
Speaker 2 (17:47):
I don't know. How about this administration? Who's going nuts?
Speaker 6 (17:52):
But if somebody wants to be referred to is.
Speaker 2 (17:54):
Not in the military, not in the military.
Speaker 6 (18:00):
I guess it's tough to say yes sir, no sir.
Speaker 8 (18:04):
Oh that's that's actually a good one, because you know
you would you would say to a female officer, you
would say yes, ma'am.
Speaker 2 (18:10):
Yes you would a male.
Speaker 8 (18:11):
Officer you would say yes sir. So if you had
a non binary officer, what would you say?
Speaker 6 (18:16):
Yes them, yes them?
Speaker 2 (18:18):
Or yes they yes they and in the South yes y'all.
Speaker 7 (18:23):
Interestingly enough, in the Star Wars universe, the people that
are higher up are referred to as yes sir, even
if they're female.
Speaker 2 (18:33):
Huh okay, good to know. Huh yeah.
Speaker 6 (18:37):
Yeah, if you're into Star Wars.
Speaker 2 (18:39):
Yeah, I understand.
Speaker 6 (18:42):
Is this me?
Speaker 2 (18:43):
Yeah, that's you.
Speaker 6 (18:44):
Okay, I was thinking about Star Wars.
Speaker 7 (18:51):
Ukrainian President of Vladimir Zelenski said two Chinese nationals fighting
in the Russian Army have been taken prisoner in East
during Ukraine. They found you know, national documents, bank cards,
personal data, all this stuff, and they say they have
information that there are many more Chinese citizens in the
(19:11):
occupiers units than just these two. We've known about that
for a while, but they're starting to see it on
the front lines and now they've captured some.
Speaker 2 (19:21):
Yeah, usually it was North Koreans. Now it's Chinese that
they're finding.
Speaker 5 (19:26):
I mean, these two denied they were Chinese, and then
it was well, then what are you doing with egg
rolls in your pocket? Couldn't deny that?
Speaker 2 (19:35):
Oh?
Speaker 7 (19:35):
I just got a friend of mine, Greg just texted
me said you would refer to their rank?
Speaker 6 (19:40):
Say yes, general, Oh all right, that makes sense. That
that makes sense.
Speaker 2 (19:44):
Oh, here's an interesting factoid.
Speaker 5 (19:47):
If you have an enlisted person as low as you
can go in the military who has received the Medal
of Honor, General's Chief of the the Joint Chiefs salute
that soldier. Did you know that they actually you'll have
(20:07):
a general salute and enlisted man wearing the medal of Honor.
Speaker 6 (20:13):
Wow.
Speaker 2 (20:14):
Yeah, it's pretty impressive stuff.
Speaker 8 (20:19):
You'd think they know better and do better by now.
A Roman Catholic priest is facing five felony counts of
child molestation and has been removed from his parish in
Downey after being arrested by Ellie Kanta Sheriff's deputies. Father
Jamie Ariaga Blood not guilty on Monday to assault with
(20:39):
intent to commit a felony against a person fourteen to
fifteen years old. This is the only person involved, but
officials say there may be more victims.
Speaker 2 (20:49):
Yeah.
Speaker 5 (20:49):
A couple of things about this, and this is where
I'm going to give the Catholic Church actually some creds here,
some kudos. First of all, the story LA Time story
starts with the arch diocese has been hit the largest
settlement and been hit with the largest legal issues in
I think the United States maybe the world. Eight hundred
(21:10):
and eighty million dollars civil settlement with victims now one
point five billion dollars, so when they passed the plate.
Speaker 2 (21:19):
If you're in church, this is a lot of this
is going to pay off victims and victims families.
Speaker 5 (21:25):
But where the church used to protect these child molesting
priests and transfer them into other parishes and hide them
knowing they were child molesters. Now the church has gone
the other way. Now the Catholic Church will not stand
for it. And they're going balls to the wall part
(21:46):
in the phrase, in this particular circumstance, but they're going
balls to the wall to make sure that these guys
are arrested, they're held accountable. And so you know, I
have to give credit for that, you really have to.
And that's not being told very often.
Speaker 2 (22:01):
All right.
Speaker 7 (22:02):
Elon Musk use one of Bill Handel's favorite words and
referred to someone truly as truly a moron. So Elon
Musk took another job at President Donald trump senior trade
advisor Peter Navarro just yesterday calling him a moron on
social media. As the Tesla CEO further splits from the
(22:23):
White House Tariff's plan, it's like becoming a soap opera
now as the stomach turns.
Speaker 2 (22:31):
And no, I think it's I think is great. I
think it is just terrific that this is happening.
Speaker 5 (22:37):
I mean, but this is this is actually this is
the fun part of the Trump administration.
Speaker 2 (22:41):
The name calling, the vitriol.
Speaker 5 (22:44):
If it doesn't transfer into real policy that hurts people,
this is just name calling.
Speaker 2 (22:49):
That's just kind of fun. It really is.
Speaker 7 (22:51):
Here Let's make to Tesla as a car assembler rather
than a manufacturer, and that set Elon off going crazy.
Speaker 5 (23:00):
And Tesla is the most made in America car that
exists in terms of the parts and what's going on.
Although a huge number of parts, of course they're bought
from overseas, from Canada for Mexico as all as all
the manufacturers are. I'm sorry, Amy, the batteries, right, battery
technology comes in. Although there's a huge battery manufacturing plant
(23:23):
that Tesla has in Reno. I think maybe it's the
biggest many battery plant in the world.
Speaker 8 (23:31):
So I hope you're taking very good care of the
phone that you currently have and don't break it. Because
a prominent tech analyst has warned that the price of
an Apple iPhone could soar if they have to be
made in the US. Currently most of them made in China.
Dan Ives is the global head of technology research at
financial services firm web Bush Securities. He says that US
(23:56):
made iPhones are possible, but they could cost more than
three times their current price. So he said, yeah, go ahead,
build them in the US with a fab in West Virginia,
New Jersey, and they'll be thirty five hundred dollars.
Speaker 5 (24:08):
Well, and here's why it's never going to happen, because
if you look at the numbers here, let's say Apple says, okay,
we are now going to manufacture in the US. All right,
forget about the costs of of course building the factories
and the cost of labor, which is going to be
five times as much. But according to the story, it
(24:30):
thirty billion dollars three years to move into an American factory.
That's ten percent of the number of Apple phones that
would be manufactured. After the infrastructure you need for this
kind of a product is so immense that it's just
(24:51):
not going to happen.
Speaker 2 (24:52):
It's just no.
Speaker 7 (24:53):
I was talking to a buddy yesterday and I never
thought about this, But this is another switch. The vast
majority of stainless steel comes from China. Yeah, we do
have some in the States that are made. So companies
are switching trying to switch over to the American maid
stainless steel, and guess what happened.
Speaker 6 (25:13):
Supplying demand shot up and the costume.
Speaker 5 (25:18):
As a matter of fact, here's what we're gonna do
to your point is we're gonna have my partner, Savile
on in a moment and talk about talk about our business.
Speaker 2 (25:27):
We import cookware from China and.
Speaker 5 (25:30):
It's made of stainless steel, and we're caught up right
in the middle of it, and Savile is sweating bullets
on this one. We've been talking about this for days
and he's gonna join us and we're going to talk
about a small American company dealing with the tariffs. Well
that's and it's ours, So that's coming right up. This
(25:52):
is KFI A M six.
Speaker 2 (25:55):
You've been listening to the Bill Handle Show.
Speaker 5 (25:56):
Catch My Show Monday through Friday, six am to nine am,
and anytime on demand on the iHeartRadio app.
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