March 13, 2025 • 23 mins
(March 13, 2025)
Host of ‘How to Money’ Joel Larsgaard joins the show to discuss the stock market correction and what it means for our 401ks. Hiring life coaches becoming more normal, and Southwest starting to charge for checked bags. Disney’s ‘Snow White’ has become a hot-button film. Warren Buffett knew nothing about this business that has made him hundreds of billions.
Host of ‘How to Money’ Joel Larsgaard joins the show to discuss the stock market correction and what it means for our 401ks. Hiring life coaches becoming more normal, and Southwest starting to charge for checked bags. Disney’s ‘Snow White’ has become a hot-button film. Warren Buffett knew nothing about this business that has made him hundreds of billions.
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Transcript
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 KFI AM
six FORTYFI.
Speaker 2 (00:06):
AM six forty Bill Handle here on a Thursday morning,
March the thirteenth. Okay, oh, before we get to Joel,
because it's a Joel Larsguard segment, I want to remind
you that tomorrow morning at eight thirty, it's asked Candle anything,
and without you, I can't do it.
Speaker 1 (00:28):
And it's all about you asking me questions.
Speaker 2 (00:30):
And that was based on everybody asks me what all
you guys are like. It's people on the air, what's
Tim like, what's Neil like? Okay, yeah, yeah, yeah yeah,
And so I got tired of answering the questions, so
I thought I'd answer personal questions. So you get to
ask me questions. And so here's what happens. During the
course of the show. You go to the iHeart app
(00:51):
and then click on the KFI right hand corner. There's
a microphone up there in the right hand corner, and
then you record fifteen seconds whatever question you want. And
it's just a lot of fun because I get it
hugely embarrassed and so and we record those I don't
even hear them until they're on the air. All right,
it's time for Joel Joel Larsguard How to Money, Sunday,
(01:12):
twelve to two pm. Joel, all we've been talking about
are the tariffs? Is it gonna affect us? Of course
it is, or maybe not as much? When does it happen?
Speaker 1 (01:24):
How soon?
Speaker 2 (01:25):
So what's going on? A quick overview, Joel? When am
I going to pay more for a car? When am
I going to pay more for food?
Speaker 1 (01:31):
For lumber?
Speaker 3 (01:32):
Yeah, so that's a good question. You're right, like tariffs
are the talk of the town. We can't talk about
anything else. They're taking up like all the oxygen in
the room, and it's only getting worse. So with with
kind of what President Trump is doing and how he's
going about tariffs, and then other countries retaliating against the
tariffs that we institute, and so even today, you know,
(01:53):
apparently the EU instituted tariffs, retaliatory tariffs on whiskey and
Harley Davidson's, and then President Trump says, all right, we're gonna,
We're gonna, uh then you know, put tariffs on all
of your wine and spirits and stuff like that. So
champagne from France is gonna cost a heck of a
lot more, uh in the coming days. If that holds,
and it's it's tough to So when are things gonna
(02:14):
cost more? That's a good question, and part of it
depends on which items we're talking about. So like as
early as this week, we could start seeing price hikes
on produce, for instance, that we get from Mexico. The
Target CEO said, literally, they're gonna start trickling out those
price increases because they're paying more in the next couple
of days. And then on other things like cars, well,
(02:35):
you know that depends exactly when and if the tariffs
get implemented, because we have seen, Hey, we're gonna throw
this tariff out there. Oh wait, we're gonna punt on
it for another month. So do these tariffs actually come
to fruition or are they a negotiating tool. There's just
a lot of uncertainty because of all the tariff talk
going on right now.
Speaker 2 (02:52):
Hey, does that just the thought of money coming that
the things is gonna be more expensive? Does that change
our buying habits? Have we seen that holding onto things longer?
Cutting down on guacamole? I just did a story on
avocado just or you speed it up because you know
it's going to be more expensive in the next several weeks.
Speaker 3 (03:13):
One hundred percent, and especially with something like a like
a car purchase, right like you're avocado, Yeah, you're probably
gonna be annoyed that it costs twenty cents more or
twenty five cents more or something like that next time
you go out to buy one. But you know, with
something as expensive as a car, we could be talking
about thousands and thousands of dollars once those tariffs are implemented.
And so when you actually look at like searches on
(03:35):
some of these car websites like cars dot com, searches
for cars have gone up precipitously in the past couple
of weeks as tariff talks have been kind of ramped
up about and people have been reading the headlines about
how much more a car might cost when these tariffs
actually come into being, and so people are saying, all right,
(03:55):
I'm gonna front load that purchase because I don't want
to pay thousands of dollars more, because that's just you know,
that's a lot more money at stake than just paying
a little extra money for that avocados. I think, especially
on those higher end items where people are really worried
that the car, that the price of something like that
is going to increase significantly. Yeah, they're starting to it's
starting to change consumer behavior.
Speaker 2 (04:15):
Yeah, big picture, And then we're going to move to
politics real quick before we get into Southwest in the day.
Speaker 1 (04:21):
That will live in.
Speaker 2 (04:21):
Infamy is the tariff talk that the President has said
that what he is doing is moving businesses and manufacturing
and work employment to the United States, which makes a
lot of sense except to build a factory is two years,
(04:43):
three years. Tariff's coming tonight at midnight.
Speaker 1 (04:47):
And so.
Speaker 2 (04:49):
Do you think that and this is not specific, but
this is your opinion big picture, do you think the
American public is going to take that and believe it
or is it going to say we don't want.
Speaker 1 (05:00):
To wait three years?
Speaker 2 (05:02):
No?
Speaker 3 (05:02):
Yeah, no, I think there's gonna be a lot of impatience.
And I think pretty quickly after price hikes are felt,
there is going to be, you know, a political reality
that the President's going to have to face if if
TARA and Tariff's are going to be unpopular once they
start hitting people's pocketbooks. We saw how people reacted to,
you know, the inflation that we experienced over the last
couple of years, and tariffs mean higher prices. They are
(05:24):
essentially a tax on the American people. And I get
that there are maybe some geopolitical strategies at play, especially
maybe with certain countries, and there might be reasons to threaten,
then threaten, and then pull back. But it is creating
an uncertainty for businesses and it's going to create higher
prices for individuals. And if you look at like what
the Tax Foundation says, they say that that these tariffs
(05:47):
are going to reduce the GDP in this country. Like
there's been more talk about a recession coming down the line,
and it's really hard to predict whether or not we're
actually going to enter a recession or and part of
it depends on, you know, how bold we are with
this tariff policy. But yeah, if even if we don't
enter recession, if our GDP goes down, the pain will
(06:09):
be felt. It'll be spread around and people will just
feel a little bit poorer. And I think that's going
to show up in the polls, and that's going to
affect his popularity.
Speaker 1 (06:16):
Okay, Joel.
Speaker 2 (06:18):
Two days that are going to be living in infamy.
One December seventh, nineteen forty one, A day that will
live in infamy. The next one is the day Southwest
Airlines has announced that it's charging for checked bags. Oh
my god, the humility of it.
Speaker 1 (06:38):
Okay with that, I was just doing the numbers, and.
Speaker 2 (06:42):
Prior to now, check bags didn't exist for charging. We're
check bags weren't charged by Southwest. They were that was
their big claim to fame. And Southwest is one of
big three airlines and Southwest has seventy million people who travel.
Speaker 1 (07:01):
On Southwest every year.
Speaker 2 (07:02):
At thirty five bucks a bag, that's two point four
five billion dollars right to the bottom line. So isn't
Southwest doing enough in terms of profit?
Speaker 1 (07:14):
Is it doing well?
Speaker 2 (07:16):
And this is just going to be they're joining the
houriosity of the other airlines.
Speaker 1 (07:21):
Is it necessary?
Speaker 3 (07:23):
Okay, So it's interesting that you pointed out how much
money you think they can make by having people check bags,
but I will say that, And how much is Southwest
gonna charge? They haven't announced yet. But yeah, this is
a shock because Southwest has done the no check bags
thing for fifty plus years and that was their calling card.
They put it in all the advertisements, right, People were like,
that's the airline I can fly if I don't want
(07:44):
to pay.
Speaker 1 (07:45):
For a check bag.
Speaker 3 (07:46):
But let's say, yeah, they're making thirty five bucks a pop,
they might not make as much as you think, bill,
And that's for a couple of reasons. One, I think
consumers change behavior. I'm all for not checking a bag
if it's going to cost me money, and so that's
a way people avoid it. They say they pack a
little bit lighter. They you know, take a carry on
bag instead. I've got this like travel backpack that rocks,
(08:06):
and so I'm gonna avoid that fee anyway. But what
this also does is I think it damages Southwest's reputation
because Southwest has been known as this consumer friendly airline,
and so maybe people who are hyper loyal to Southwest.
Southwest has a vibe kind of like Costco has a vibe,
and so people who love Costco, they just love it.
(08:26):
And let's say Costco says that dollar fifty hot dog
drink combo, We're gonna bump that up to three dollars.
Speaker 1 (08:34):
It makes sense.
Speaker 3 (08:35):
From a profit perspective, the fact that Costco's losing money,
but from a customer service standpoint, it makes zero sense.
Speaker 1 (08:41):
Right, and you lose a calling card? Yeah, that is
no reason that people love you. Right.
Speaker 2 (08:45):
That resonates because one of the reason I'm not flying
Alaska Airlines, for example, or United to Las Vegas is
you're right the vibe Southwest airlines. I don't have to
check in a bag and those days are gone. But
even so, let's say it goes from seventy million people
to thirty million people or fifty million.
Speaker 1 (09:03):
People that are going to pay for the check bags.
Speaker 2 (09:07):
And that goes into where the airlines are going. If
you remember it wasn't too long ago, and you're a
lot of years younger than I am. The thought of
an airline charging for where you're going to get in line,
whether you're going to sit in an emergency seat.
Speaker 1 (09:22):
Whether you're going to sit together.
Speaker 2 (09:25):
I mean I have flown where if you want to
sit with your partner, your wife, your child, you pay
extra money. I mean, what is that about? And does
that just keep on going or there's nothing more they
can charge for.
Speaker 1 (09:40):
That's a good question.
Speaker 3 (09:41):
I think that I think it keeps going, and I think, yeah,
there are ways that these airlines. There were things that
you just assumed when you bought the ticket, at least
a few years ago, that came with the price like
being able to sit next to the person you booked with,
and that is no longer. Nobody believes that anymore. I mean,
I just I am loath to pay extra for airfare
and I want to get the cheapest price possible. I
(10:02):
just paid extra for the economy plus or whatever on
a flight that my family's taking this coming summer because
I wanted to book those seats in advance, because I
didn't want all five of us to be in random
places on the plane freaking out my kids. And I
think that is something the airlines are going to have
to reckon with. And that's again, that's the advantage that
Southwest had in a lot of ways, was that they
(10:24):
did business differently. And now that they look a lot
more like the other airlines with charging for baggage and
where does this stop, Like, we might see some of
that competitive advantage dissipate and people might say, ah, okay,
they're just like everybody else. I'm going to book wherever,
you know, wherever I get the best deal. And by
the way, those prices for check bags that's going to
(10:46):
be instituted for bookings made after May twenty eighth, So
if you really want to take a flight on Southwest,
you don't want to pay to check your bag, then
you might want to book in the next couple months.
Speaker 2 (10:55):
But even so, even with Southwest is also known for
is first for sir, but it really isn't because if
you want to get it breaks it down into A,
B and C lines on a Bowling seven seven thirty
seven that they fly, and the A group is one
through thirty and in order to get in that A group,
(11:16):
you gotta pay money or you have to be a
super frequent fly.
Speaker 3 (11:19):
You got to be a quick on the draw, right,
So I flew Southwest a couple of times earlier this
week to Texas and back, and I was once it's
open to check in, you just got to be right
on it, and so I didn't pay a dime upgrade,
and I ended up being in the extra row both
times just because I was right on it twenty four
hours in advance. So that is kind of one of
(11:41):
the things. You have to have an itchy trigger finger
if you want to fly Southwest and you want to
get better seating.
Speaker 2 (11:45):
All right, Joel, we'll catch you this Sunday and next week.
Joel Larsgard how to money twelve to two on a
Sunday PM is twelve pm. I think, so, yeah, yeah,
and yeah no, I got it. You know, it takes
a while, but I've been there, and the address at
(12:05):
how to money, Joel, Joel, have a good one.
Speaker 1 (12:07):
Take care all right, you too? Okay. Now, of all
the companies out.
Speaker 2 (12:12):
There in America, I would say probably Disney is the
most the most company involved in political correctness, I would think.
And so, I mean from the beginning, Disney has been
attacked and it was argue that there are a bunch
(12:32):
of racists from day one, now purposely racist, not particularly,
but it's a question of the sensibilities and sensitivities are
very different. For example, there is now a live action
film and they've gone to a lot of live action
stuff of classic books and movies and rides like Pirates
(12:55):
of the.
Speaker 1 (12:56):
Caribbean came from the ride.
Speaker 2 (13:00):
And so there's a new one out there, Snow White
live action based on the first film nineteen thirty seven
that Disney did first animated full length feature film that
was ever ever around. So you have Rachel Zegler, who
is Colombian descent on her mom's side, and she is
(13:25):
snow white who has skin as white as snow, and
she's Colombian.
Speaker 1 (13:31):
Okay, there's a little backlash there.
Speaker 2 (13:34):
And the Wicked Witch is goal Gadot. She plays the
evil Queen, not the wicked Witch. She plays the evil queen, and.
Speaker 1 (13:45):
She's Israeli.
Speaker 2 (13:47):
And she was born in Israel and fought in the military,
was part of the Israeli military, which is mandatory everybody
in Israel joins the army three years for men at eighteen,
two years for women at eighteen.
Speaker 1 (14:02):
And so needless to say, she's on the other side.
Speaker 2 (14:05):
Because what you do is had Ziggler, who is an
outspoken advocate for Palestinians God Doote being.
Speaker 1 (14:14):
An Israeli, you think there's going to be a problem.
Speaker 2 (14:18):
As a matter of fact, they've just added to the
film which was not in the original animated film, an
mma segment of which these two are going to go
at it, and it's going to be just a great
deal of fun.
Speaker 1 (14:33):
So it's also you.
Speaker 2 (14:35):
Have the seven Dwarfs. Okay, how can you know they're little?
You make fun of them. They're a high hole, high
ho And isn't it politically incorrect to talk about dwarfs?
By the way, Am I allowed to say dwarfs because
I get a hansle. Aren't you supposed say little people?
Or is that bad too? You can't say midget, so
I know that even when you're referring to a midget,
(14:57):
you can't say midget.
Speaker 3 (14:58):
I think midgets can considered derogatory, but dwarf and little
person I think is okay.
Speaker 1 (15:05):
By the way, midgets are midgets.
Speaker 2 (15:08):
You know, there is such thing as a midget, and
that is that someone who is not short and does
not have the features of dwarf ism.
Speaker 1 (15:16):
You know, these short legs. I understand it.
Speaker 2 (15:20):
They're just really small, small people. So anyway, the point
is you can't refer to midgets as midgets. And so
you've got a real problem with snow White because I mean,
let me tell you how crazy it has gotten. So
the kiss that the Prince gives her right to when
(15:41):
she now comes out of this sleep, this is uh,
she gives it to her without her consent, and it
is I guess a sexual act when you kiss someone
without consent, Isn't that inappropriate?
Speaker 1 (15:58):
Hmm?
Speaker 2 (16:00):
There's actually questioning about that. There's a few other ones
I want to share with you that Disney really got
caught up in if you've ever been to Disneyland, which
of course most of us have. I certainly have, and
Neil's been to Disneyland once or twice. Going back to
the Pirates of the Caribbean, there is one scene there.
Speaker 1 (16:22):
It's an audio animatronic show.
Speaker 2 (16:25):
It was as you take your boat and you see
all these characters and thet they're robots, although you can't
call them robots because robots get offended. There has to
be another name for them. And there is one scene
in which you have there's an auction of the pirates
selling off women. You could buy women, and there's a
(16:46):
big sign says buy yourself a wench. Okay, that became
a little problematic. And there's one scene in which it
was a woman chasing a guy. Oh it was a
guy chasing It was pirate chasing a woman and they're
going in circles. Oh my god, you're going to have
a man chasing after a woman to ostensibly have well,
(17:10):
would you say, I have inappropriate non consensual sexual activity,
as in it's obvious he's gonna rape her. WHOA, that's gone.
So you can't buy a wench anymore. And I can
see how it was okay decades ago when it opened up.
Speaker 1 (17:28):
It just didn't bother anybody.
Speaker 2 (17:30):
And certainly a man chasing after a woman for sexual
purposes is completely inappropriate.
Speaker 1 (17:37):
So now she chases.
Speaker 2 (17:38):
After him because it's okay for a guy to be
chased after by a woman. Just talk to me, because
I'm about to get married and I know the feeling.
It's really devastating.
Speaker 1 (17:51):
All right.
Speaker 2 (17:51):
Let's finish up with another lesson in political correctness, and
it's Disney that gets nailed more than any other country
because a lot of what Isney any other company, A
lot of what Disney does involves race, involves stereotypes. For example,
as I just said, Pirates the Caribbean by a Winch Right, Well,
(18:13):
those days are gone, that's for sure.
Speaker 1 (18:17):
The Snow White and.
Speaker 2 (18:20):
The little People, excuse me, snow White and the seven Dwarfs. Okay,
there's some issue with that bunch of issues that influenced
box office performance.
Speaker 1 (18:31):
Here's a couple of reasons why snow White. Oh, let
me give you some stats, real quick. Snow White. Snow
White is this is live action.
Speaker 2 (18:38):
Snow White is figure to open with about fifty million dollars.
That's what the analysts are looking at the pundits because
they do obviously guess as to what the opening is,
and sometimes they're usually they're right, that's miserable.
Speaker 1 (18:53):
This film costs two.
Speaker 2 (18:54):
Hundred and fifty million dollars to make before marketing. So
let's compare it to other films, all right, the twenty
nineteenth Lion King one hundred and ninety two million dollars
opening weekend.
Speaker 1 (19:06):
This is domestic.
Speaker 2 (19:07):
Okay, Beauty and the Beast twenty seventeen one hundred and
seventy five million, Little Mermaid twenty twenty three, ninety five million,
twenty nineteen Aladdin ninety one million dollars fifty million for
Snow White. Now, that's miserable. That is miserable, and so
(19:28):
why well, it's not really the stereotype. There's a bunch
of really good reasons for it. When I read this,
Oh yeah, these other films came out based on culture,
the what we knew with Gen X millennials experience in
the eighties and the nineties. Snow White goes back to
(19:49):
nineteen thirty seven when it was an animated film. No
one pays attention to that people are all dead who
were excited about it. So there's that one and remakes.
Sometimes they work, sometimes they don't. Oh oh, Disney is
huge on remakes and a lot of the films Dumbo.
Speaker 1 (20:10):
You know, it can be all kinds of racist.
Speaker 2 (20:13):
You've got the Crows who are completely totally racist, their
caricatures of African Americans, the minstrel shows. You've got Aladdin,
which shows the bad guys being Asian. It just goes
on and on, and so what happens now all those
(20:34):
films are available still you think they'd be yank. Now
they can yank stuff in rides. Remember Splash Mountain Braer Rabbit,
and I mean horribly racist. But again in context, minstrel
shows at the eighteen nineties and turn in the last century,
minstrel shows where white people dressed up in black face
(20:55):
and danced and shuffled.
Speaker 1 (20:57):
That was a huge part of vaudeville.
Speaker 2 (21:00):
That millions, tens of millions of Americans would go and see,
and it was considered fine.
Speaker 1 (21:05):
Try doing that today. It's context.
Speaker 2 (21:08):
We have to look at history, and so it's fairly
easy to do to deal with on a ride, you
can undo that very quickly, but how do you undo
it on a movie? And Disney to its credit, is
not editing the movie at all.
Speaker 1 (21:23):
They're not editing it.
Speaker 2 (21:24):
What they do is simply give a disclaimer in front
of the movie when you see it streamy, especially on
Disney Plus, which I have saying racism is wrong. It
was wrong when this film was made, it is wrong now.
Speaker 1 (21:40):
And a little bit of context, a little bit talking
about context. So what's gonna happen to Disney? Who the
hell knows? You know maybe today you know they're going
to be able to do a film.
Speaker 2 (21:54):
Well, they're not gonna be able to do a film
that has any racist overtones at all.
Speaker 1 (21:57):
I mean, not even a little bit, not even a hint.
Speaker 2 (22:00):
What Hailey Black was? What was she a little mermaid?
I think and pardon.
Speaker 1 (22:08):
She was, but it's not Hailey Black though, No, Hailey Berry,
I'm sorry, who is black? And she was a.
Speaker 2 (22:15):
Little bit elm yeah her too, Halle Bear Well, and
I know it's you got it.
Speaker 1 (22:19):
It's a general person there, and Ariel is white.
Speaker 2 (22:25):
That has a lot to do with also, how Western
world looks at Jesus, blue blue eyed, blonde hair.
Speaker 1 (22:31):
There's your Jesus.
Speaker 2 (22:33):
And not quite all right, guys, I was gonna go
to Amy and Neil, but ran out of time because
I don't.
Speaker 1 (22:40):
Care what they think. All right, guys, we are done
and you're waiting for you to come to us.
Speaker 2 (22:45):
I know, I know, I know, so I keep you
with baited breath. Oh that's another thing. Am I? Am
I somehow accusing you of having fish breath?
Speaker 1 (22:56):
And am I in trouble for that? I hope not.
Thank god I got Zelman's Yeah there, ooh ooh. They
didn't even pay for that. All right, we're done, guys. Finished.
Speaker 2 (23:05):
We'll back again tomorrow. Let me say hello to Neil
and Amy and Will and Kono and a.
Speaker 1 (23:11):
Okay, thank you everything here, thank you for being around.
Speaker 2 (23:13):
All right, This is KFI A M six forty. You've
been listening to the Bill Handle Show. 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 KFI AM
six FORTYFI.
Speaker 2 (00:06):
AM six forty Bill Handle here on a Thursday morning,
March the thirteenth. Okay, oh, before we get to Joel,
because it's a Joel Larsguard segment, I want to remind
you that tomorrow morning at eight thirty, it's asked Candle anything,
and without you, I can't do it.
Speaker 1 (00:28):
And it's all about you asking me questions.
Speaker 2 (00:30):
And that was based on everybody asks me what all
you guys are like. It's people on the air, what's
Tim like, what's Neil like? Okay, yeah, yeah, yeah yeah,
And so I got tired of answering the questions, so
I thought I'd answer personal questions. So you get to
ask me questions. And so here's what happens. During the
course of the show. You go to the iHeart app
(00:51):
and then click on the KFI right hand corner. There's
a microphone up there in the right hand corner, and
then you record fifteen seconds whatever question you want. And
it's just a lot of fun because I get it
hugely embarrassed and so and we record those I don't
even hear them until they're on the air. All right,
it's time for Joel Joel Larsguard How to Money, Sunday,
(01:12):
twelve to two pm. Joel, all we've been talking about
are the tariffs? Is it gonna affect us? Of course
it is, or maybe not as much? When does it happen?
Speaker 1 (01:24):
How soon?
Speaker 2 (01:25):
So what's going on? A quick overview, Joel? When am
I going to pay more for a car? When am
I going to pay more for food?
Speaker 1 (01:31):
For lumber?
Speaker 3 (01:32):
Yeah, so that's a good question. You're right, like tariffs
are the talk of the town. We can't talk about
anything else. They're taking up like all the oxygen in
the room, and it's only getting worse. So with with
kind of what President Trump is doing and how he's
going about tariffs, and then other countries retaliating against the
tariffs that we institute, and so even today, you know,
(01:53):
apparently the EU instituted tariffs, retaliatory tariffs on whiskey and
Harley Davidson's, and then President Trump says, all right, we're gonna,
We're gonna, uh then you know, put tariffs on all
of your wine and spirits and stuff like that. So
champagne from France is gonna cost a heck of a
lot more, uh in the coming days. If that holds,
and it's it's tough to So when are things gonna
(02:14):
cost more? That's a good question, and part of it
depends on which items we're talking about. So like as
early as this week, we could start seeing price hikes
on produce, for instance, that we get from Mexico. The
Target CEO said, literally, they're gonna start trickling out those
price increases because they're paying more in the next couple
of days. And then on other things like cars, well,
(02:35):
you know that depends exactly when and if the tariffs
get implemented, because we have seen, Hey, we're gonna throw
this tariff out there. Oh wait, we're gonna punt on
it for another month. So do these tariffs actually come
to fruition or are they a negotiating tool. There's just
a lot of uncertainty because of all the tariff talk
going on right now.
Speaker 2 (02:52):
Hey, does that just the thought of money coming that
the things is gonna be more expensive? Does that change
our buying habits? Have we seen that holding onto things longer?
Cutting down on guacamole? I just did a story on
avocado just or you speed it up because you know
it's going to be more expensive in the next several weeks.
Speaker 3 (03:13):
One hundred percent, and especially with something like a like
a car purchase, right like you're avocado, Yeah, you're probably
gonna be annoyed that it costs twenty cents more or
twenty five cents more or something like that next time
you go out to buy one. But you know, with
something as expensive as a car, we could be talking
about thousands and thousands of dollars once those tariffs are implemented.
And so when you actually look at like searches on
(03:35):
some of these car websites like cars dot com, searches
for cars have gone up precipitously in the past couple
of weeks as tariff talks have been kind of ramped
up about and people have been reading the headlines about
how much more a car might cost when these tariffs
actually come into being, and so people are saying, all right,
(03:55):
I'm gonna front load that purchase because I don't want
to pay thousands of dollars more, because that's just you know,
that's a lot more money at stake than just paying
a little extra money for that avocados. I think, especially
on those higher end items where people are really worried
that the car, that the price of something like that
is going to increase significantly. Yeah, they're starting to it's
starting to change consumer behavior.
Speaker 2 (04:15):
Yeah, big picture, And then we're going to move to
politics real quick before we get into Southwest in the day.
Speaker 1 (04:21):
That will live in.
Speaker 2 (04:21):
Infamy is the tariff talk that the President has said
that what he is doing is moving businesses and manufacturing
and work employment to the United States, which makes a
lot of sense except to build a factory is two years,
(04:43):
three years. Tariff's coming tonight at midnight.
Speaker 1 (04:47):
And so.
Speaker 2 (04:49):
Do you think that and this is not specific, but
this is your opinion big picture, do you think the
American public is going to take that and believe it
or is it going to say we don't want.
Speaker 1 (05:00):
To wait three years?
Speaker 2 (05:02):
No?
Speaker 3 (05:02):
Yeah, no, I think there's gonna be a lot of impatience.
And I think pretty quickly after price hikes are felt,
there is going to be, you know, a political reality
that the President's going to have to face if if
TARA and Tariff's are going to be unpopular once they
start hitting people's pocketbooks. We saw how people reacted to,
you know, the inflation that we experienced over the last
couple of years, and tariffs mean higher prices. They are
(05:24):
essentially a tax on the American people. And I get
that there are maybe some geopolitical strategies at play, especially
maybe with certain countries, and there might be reasons to threaten,
then threaten, and then pull back. But it is creating
an uncertainty for businesses and it's going to create higher
prices for individuals. And if you look at like what
the Tax Foundation says, they say that that these tariffs
(05:47):
are going to reduce the GDP in this country. Like
there's been more talk about a recession coming down the line,
and it's really hard to predict whether or not we're
actually going to enter a recession or and part of
it depends on, you know, how bold we are with
this tariff policy. But yeah, if even if we don't
enter recession, if our GDP goes down, the pain will
(06:09):
be felt. It'll be spread around and people will just
feel a little bit poorer. And I think that's going
to show up in the polls, and that's going to
affect his popularity.
Speaker 1 (06:16):
Okay, Joel.
Speaker 2 (06:18):
Two days that are going to be living in infamy.
One December seventh, nineteen forty one, A day that will
live in infamy. The next one is the day Southwest
Airlines has announced that it's charging for checked bags. Oh
my god, the humility of it.
Speaker 1 (06:38):
Okay with that, I was just doing the numbers, and.
Speaker 2 (06:42):
Prior to now, check bags didn't exist for charging. We're
check bags weren't charged by Southwest. They were that was
their big claim to fame. And Southwest is one of
big three airlines and Southwest has seventy million people who travel.
Speaker 1 (07:01):
On Southwest every year.
Speaker 2 (07:02):
At thirty five bucks a bag, that's two point four
five billion dollars right to the bottom line. So isn't
Southwest doing enough in terms of profit?
Speaker 1 (07:14):
Is it doing well?
Speaker 2 (07:16):
And this is just going to be they're joining the
houriosity of the other airlines.
Speaker 1 (07:21):
Is it necessary?
Speaker 3 (07:23):
Okay, So it's interesting that you pointed out how much
money you think they can make by having people check bags,
but I will say that, And how much is Southwest
gonna charge? They haven't announced yet. But yeah, this is
a shock because Southwest has done the no check bags
thing for fifty plus years and that was their calling card.
They put it in all the advertisements, right, People were like,
that's the airline I can fly if I don't want
(07:44):
to pay.
Speaker 1 (07:45):
For a check bag.
Speaker 3 (07:46):
But let's say, yeah, they're making thirty five bucks a pop,
they might not make as much as you think, bill,
And that's for a couple of reasons. One, I think
consumers change behavior. I'm all for not checking a bag
if it's going to cost me money, and so that's
a way people avoid it. They say they pack a
little bit lighter. They you know, take a carry on
bag instead. I've got this like travel backpack that rocks,
(08:06):
and so I'm gonna avoid that fee anyway. But what
this also does is I think it damages Southwest's reputation
because Southwest has been known as this consumer friendly airline,
and so maybe people who are hyper loyal to Southwest.
Southwest has a vibe kind of like Costco has a vibe,
and so people who love Costco, they just love it.
(08:26):
And let's say Costco says that dollar fifty hot dog
drink combo, We're gonna bump that up to three dollars.
Speaker 1 (08:34):
It makes sense.
Speaker 3 (08:35):
From a profit perspective, the fact that Costco's losing money,
but from a customer service standpoint, it makes zero sense.
Speaker 1 (08:41):
Right, and you lose a calling card? Yeah, that is
no reason that people love you. Right.
Speaker 2 (08:45):
That resonates because one of the reason I'm not flying
Alaska Airlines, for example, or United to Las Vegas is
you're right the vibe Southwest airlines. I don't have to
check in a bag and those days are gone. But
even so, let's say it goes from seventy million people
to thirty million people or fifty million.
Speaker 1 (09:03):
People that are going to pay for the check bags.
Speaker 2 (09:07):
And that goes into where the airlines are going. If
you remember it wasn't too long ago, and you're a
lot of years younger than I am. The thought of
an airline charging for where you're going to get in line,
whether you're going to sit in an emergency seat.
Speaker 1 (09:22):
Whether you're going to sit together.
Speaker 2 (09:25):
I mean I have flown where if you want to
sit with your partner, your wife, your child, you pay
extra money. I mean, what is that about? And does
that just keep on going or there's nothing more they
can charge for.
Speaker 1 (09:40):
That's a good question.
Speaker 3 (09:41):
I think that I think it keeps going, and I think, yeah,
there are ways that these airlines. There were things that
you just assumed when you bought the ticket, at least
a few years ago, that came with the price like
being able to sit next to the person you booked with,
and that is no longer. Nobody believes that anymore. I mean,
I just I am loath to pay extra for airfare
and I want to get the cheapest price possible. I
(10:02):
just paid extra for the economy plus or whatever on
a flight that my family's taking this coming summer because
I wanted to book those seats in advance, because I
didn't want all five of us to be in random
places on the plane freaking out my kids. And I
think that is something the airlines are going to have
to reckon with. And that's again, that's the advantage that
Southwest had in a lot of ways, was that they
(10:24):
did business differently. And now that they look a lot
more like the other airlines with charging for baggage and
where does this stop, Like, we might see some of
that competitive advantage dissipate and people might say, ah, okay,
they're just like everybody else. I'm going to book wherever,
you know, wherever I get the best deal. And by
the way, those prices for check bags that's going to
(10:46):
be instituted for bookings made after May twenty eighth, So
if you really want to take a flight on Southwest,
you don't want to pay to check your bag, then
you might want to book in the next couple months.
Speaker 2 (10:55):
But even so, even with Southwest is also known for
is first for sir, but it really isn't because if
you want to get it breaks it down into A,
B and C lines on a Bowling seven seven thirty
seven that they fly, and the A group is one
through thirty and in order to get in that A group,
(11:16):
you gotta pay money or you have to be a
super frequent fly.
Speaker 3 (11:19):
You got to be a quick on the draw, right,
So I flew Southwest a couple of times earlier this
week to Texas and back, and I was once it's
open to check in, you just got to be right
on it, and so I didn't pay a dime upgrade,
and I ended up being in the extra row both
times just because I was right on it twenty four
hours in advance. So that is kind of one of
(11:41):
the things. You have to have an itchy trigger finger
if you want to fly Southwest and you want to
get better seating.
Speaker 2 (11:45):
All right, Joel, we'll catch you this Sunday and next week.
Joel Larsgard how to money twelve to two on a
Sunday PM is twelve pm. I think, so, yeah, yeah,
and yeah no, I got it. You know, it takes
a while, but I've been there, and the address at
(12:05):
how to money, Joel, Joel, have a good one.
Speaker 1 (12:07):
Take care all right, you too? Okay. Now, of all
the companies out.
Speaker 2 (12:12):
There in America, I would say probably Disney is the
most the most company involved in political correctness, I would think.
And so, I mean from the beginning, Disney has been
attacked and it was argue that there are a bunch
(12:32):
of racists from day one, now purposely racist, not particularly,
but it's a question of the sensibilities and sensitivities are
very different. For example, there is now a live action
film and they've gone to a lot of live action
stuff of classic books and movies and rides like Pirates
(12:55):
of the.
Speaker 1 (12:56):
Caribbean came from the ride.
Speaker 2 (13:00):
And so there's a new one out there, Snow White
live action based on the first film nineteen thirty seven
that Disney did first animated full length feature film that
was ever ever around. So you have Rachel Zegler, who
is Colombian descent on her mom's side, and she is
(13:25):
snow white who has skin as white as snow, and
she's Colombian.
Speaker 1 (13:31):
Okay, there's a little backlash there.
Speaker 2 (13:34):
And the Wicked Witch is goal Gadot. She plays the
evil Queen, not the wicked Witch. She plays the evil queen, and.
Speaker 1 (13:45):
She's Israeli.
Speaker 2 (13:47):
And she was born in Israel and fought in the military,
was part of the Israeli military, which is mandatory everybody
in Israel joins the army three years for men at eighteen,
two years for women at eighteen.
Speaker 1 (14:02):
And so needless to say, she's on the other side.
Speaker 2 (14:05):
Because what you do is had Ziggler, who is an
outspoken advocate for Palestinians God Doote being.
Speaker 1 (14:14):
An Israeli, you think there's going to be a problem.
Speaker 2 (14:18):
As a matter of fact, they've just added to the
film which was not in the original animated film, an
mma segment of which these two are going to go
at it, and it's going to be just a great
deal of fun.
Speaker 1 (14:33):
So it's also you.
Speaker 2 (14:35):
Have the seven Dwarfs. Okay, how can you know they're little?
You make fun of them. They're a high hole, high
ho And isn't it politically incorrect to talk about dwarfs?
By the way, Am I allowed to say dwarfs because
I get a hansle. Aren't you supposed say little people?
Or is that bad too? You can't say midget, so
I know that even when you're referring to a midget,
(14:57):
you can't say midget.
Speaker 3 (14:58):
I think midgets can considered derogatory, but dwarf and little
person I think is okay.
Speaker 1 (15:05):
By the way, midgets are midgets.
Speaker 2 (15:08):
You know, there is such thing as a midget, and
that is that someone who is not short and does
not have the features of dwarf ism.
Speaker 1 (15:16):
You know, these short legs. I understand it.
Speaker 2 (15:20):
They're just really small, small people. So anyway, the point
is you can't refer to midgets as midgets. And so
you've got a real problem with snow White because I mean,
let me tell you how crazy it has gotten. So
the kiss that the Prince gives her right to when
(15:41):
she now comes out of this sleep, this is uh,
she gives it to her without her consent, and it
is I guess a sexual act when you kiss someone
without consent, Isn't that inappropriate?
Speaker 1 (15:58):
Hmm?
Speaker 2 (16:00):
There's actually questioning about that. There's a few other ones
I want to share with you that Disney really got
caught up in if you've ever been to Disneyland, which
of course most of us have. I certainly have, and
Neil's been to Disneyland once or twice. Going back to
the Pirates of the Caribbean, there is one scene there.
Speaker 1 (16:22):
It's an audio animatronic show.
Speaker 2 (16:25):
It was as you take your boat and you see
all these characters and thet they're robots, although you can't
call them robots because robots get offended. There has to
be another name for them. And there is one scene
in which you have there's an auction of the pirates
selling off women. You could buy women, and there's a
(16:46):
big sign says buy yourself a wench. Okay, that became
a little problematic. And there's one scene in which it
was a woman chasing a guy. Oh it was a
guy chasing It was pirate chasing a woman and they're
going in circles. Oh my god, you're going to have
a man chasing after a woman to ostensibly have well,
(17:10):
would you say, I have inappropriate non consensual sexual activity,
as in it's obvious he's gonna rape her. WHOA, that's gone.
So you can't buy a wench anymore. And I can
see how it was okay decades ago when it opened up.
Speaker 1 (17:28):
It just didn't bother anybody.
Speaker 2 (17:30):
And certainly a man chasing after a woman for sexual
purposes is completely inappropriate.
Speaker 1 (17:37):
So now she chases.
Speaker 2 (17:38):
After him because it's okay for a guy to be
chased after by a woman. Just talk to me, because
I'm about to get married and I know the feeling.
It's really devastating.
Speaker 1 (17:51):
All right.
Speaker 2 (17:51):
Let's finish up with another lesson in political correctness, and
it's Disney that gets nailed more than any other country
because a lot of what Isney any other company, A
lot of what Disney does involves race, involves stereotypes. For example,
as I just said, Pirates the Caribbean by a Winch Right, Well,
(18:13):
those days are gone, that's for sure.
Speaker 1 (18:17):
The Snow White and.
Speaker 2 (18:20):
The little People, excuse me, snow White and the seven Dwarfs. Okay,
there's some issue with that bunch of issues that influenced
box office performance.
Speaker 1 (18:31):
Here's a couple of reasons why snow White. Oh, let
me give you some stats, real quick. Snow White. Snow
White is this is live action.
Speaker 2 (18:38):
Snow White is figure to open with about fifty million dollars.
That's what the analysts are looking at the pundits because
they do obviously guess as to what the opening is,
and sometimes they're usually they're right, that's miserable.
Speaker 1 (18:53):
This film costs two.
Speaker 2 (18:54):
Hundred and fifty million dollars to make before marketing. So
let's compare it to other films, all right, the twenty
nineteenth Lion King one hundred and ninety two million dollars
opening weekend.
Speaker 1 (19:06):
This is domestic.
Speaker 2 (19:07):
Okay, Beauty and the Beast twenty seventeen one hundred and
seventy five million, Little Mermaid twenty twenty three, ninety five million,
twenty nineteen Aladdin ninety one million dollars fifty million for
Snow White. Now, that's miserable. That is miserable, and so
(19:28):
why well, it's not really the stereotype. There's a bunch
of really good reasons for it. When I read this,
Oh yeah, these other films came out based on culture,
the what we knew with Gen X millennials experience in
the eighties and the nineties. Snow White goes back to
(19:49):
nineteen thirty seven when it was an animated film. No
one pays attention to that people are all dead who
were excited about it. So there's that one and remakes.
Sometimes they work, sometimes they don't. Oh oh, Disney is
huge on remakes and a lot of the films Dumbo.
Speaker 1 (20:10):
You know, it can be all kinds of racist.
Speaker 2 (20:13):
You've got the Crows who are completely totally racist, their
caricatures of African Americans, the minstrel shows. You've got Aladdin,
which shows the bad guys being Asian. It just goes
on and on, and so what happens now all those
(20:34):
films are available still you think they'd be yank. Now
they can yank stuff in rides. Remember Splash Mountain Braer Rabbit,
and I mean horribly racist. But again in context, minstrel
shows at the eighteen nineties and turn in the last century,
minstrel shows where white people dressed up in black face
(20:55):
and danced and shuffled.
Speaker 1 (20:57):
That was a huge part of vaudeville.
Speaker 2 (21:00):
That millions, tens of millions of Americans would go and see,
and it was considered fine.
Speaker 1 (21:05):
Try doing that today. It's context.
Speaker 2 (21:08):
We have to look at history, and so it's fairly
easy to do to deal with on a ride, you
can undo that very quickly, but how do you undo
it on a movie? And Disney to its credit, is
not editing the movie at all.
Speaker 1 (21:23):
They're not editing it.
Speaker 2 (21:24):
What they do is simply give a disclaimer in front
of the movie when you see it streamy, especially on
Disney Plus, which I have saying racism is wrong. It
was wrong when this film was made, it is wrong now.
Speaker 1 (21:40):
And a little bit of context, a little bit talking
about context. So what's gonna happen to Disney? Who the
hell knows? You know maybe today you know they're going
to be able to do a film.
Speaker 2 (21:54):
Well, they're not gonna be able to do a film
that has any racist overtones at all.
Speaker 1 (21:57):
I mean, not even a little bit, not even a hint.
Speaker 2 (22:00):
What Hailey Black was? What was she a little mermaid?
I think and pardon.
Speaker 1 (22:08):
She was, but it's not Hailey Black though, No, Hailey Berry,
I'm sorry, who is black? And she was a.
Speaker 2 (22:15):
Little bit elm yeah her too, Halle Bear Well, and
I know it's you got it.
Speaker 1 (22:19):
It's a general person there, and Ariel is white.
Speaker 2 (22:25):
That has a lot to do with also, how Western
world looks at Jesus, blue blue eyed, blonde hair.
Speaker 1 (22:31):
There's your Jesus.
Speaker 2 (22:33):
And not quite all right, guys, I was gonna go
to Amy and Neil, but ran out of time because
I don't.
Speaker 1 (22:40):
Care what they think. All right, guys, we are done
and you're waiting for you to come to us.
Speaker 2 (22:45):
I know, I know, I know, so I keep you
with baited breath. Oh that's another thing. Am I? Am
I somehow accusing you of having fish breath?
Speaker 1 (22:56):
And am I in trouble for that? I hope not.
Thank god I got Zelman's Yeah there, ooh ooh. They
didn't even pay for that. All right, we're done, guys. Finished.
Speaker 2 (23:05):
We'll back again tomorrow. Let me say hello to Neil
and Amy and Will and Kono and a.
Speaker 1 (23:11):
Okay, thank you everything here, thank you for being around.
Speaker 2 (23:13):
All right, This is KFI A M six forty. You've
been listening to the Bill Handle Show. Catch my Show
Monday through Friday, six am to nine am, and anytime
on demand on the iHeartRadio app
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