WEBVTT - Oh SNAP! | Dodgers Back-to-Back Champions

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<v Speaker 1>You're listening to Bill Handle on demand from kf I

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<v Speaker 1>AM six forty. Let's go, we go it please Tale

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<v Speaker 1>you can do it out guy, KI am six forty

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<v Speaker 1>Bill Handle.

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<v Speaker 2>It is a Monday morning, November third lot going on today.

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<v Speaker 1>To say the least, what do we do have going on? Well?

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<v Speaker 2>Saturday is thanksgrilling Neil and I are broadcasting his show

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<v Speaker 2>from the Wild Fork Food Store and Lagoon and Miguel,

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<v Speaker 2>So let's check that out and don't forget on a Friday,

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<v Speaker 2>it's ask Handle anything and boy, there is some fun

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<v Speaker 2>questions there. So if you want to ask Handle, let's

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<v Speaker 2>be anything that's anything, go to the iHeartRadio app during

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<v Speaker 2>the show and click on the Bill Handle show up

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<v Speaker 2>right hand corner microphone and record your question, which I.

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<v Speaker 1>Theoretically answer every Friday. I actually I do.

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<v Speaker 2>Hey, today is a big day because today the Trump

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<v Speaker 2>Administry is facing that deadline to report to the federal

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<v Speaker 2>judges snap food stamp order. It's at noon today and

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<v Speaker 2>it's requiring the administration to update the federal judge who

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<v Speaker 2>last week ordered the Agriculture Department to disperse the SNAP

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<v Speaker 2>funds Supplemental Nutrition Assistance Program funds food stamps. Tens of

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<v Speaker 2>millions of Americans are without their November SNAP benefits. Over

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<v Speaker 2>forty million Americans need governmental help to eat. They are

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<v Speaker 2>food insecure. The shame of it is this country, one

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<v Speaker 2>of the wealthiest countries on the planet, is not feeding

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<v Speaker 2>its own people. We have a system where people just

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<v Speaker 2>don't eat, which I find insane. And what's happening. A

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<v Speaker 2>story that came out of NBC News Texas, California stadium

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<v Speaker 2>parking lots were jammed mass distribution sites where people were

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<v Speaker 2>picking up the food bank stores. Food banks are out.

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<v Speaker 2>If you look at the video, it's insane. So SNAP

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<v Speaker 2>expected to run dry.

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<v Speaker 1>It has.

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<v Speaker 2>A lot of state governments are trying to fill in,

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<v Speaker 2>but the president said any state that tries to fill

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<v Speaker 2>in taking the place of SNAP, he will cut their money.

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<v Speaker 1>I don't get that. One. Explain that to me.

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<v Speaker 2>I mean, for those of you that are pro Donald Trump,

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<v Speaker 2>and I understand there's lots of you, and you have

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<v Speaker 2>good reasons to be that way. I mean, I understand

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<v Speaker 2>your philosophy versus the other side, But explain the philosophy

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<v Speaker 2>when states come in and spend their own money to

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<v Speaker 2>feed people, the government says, then we're not going to

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<v Speaker 2>give you money. We're not going to either reimburse which

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<v Speaker 2>there are governmental programs, or we're going to make sure

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<v Speaker 2>that it's miserable for you. And what it is, as

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<v Speaker 2>Neil pointed out correctly, I think and handle on the news,

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<v Speaker 2>is that these people are.

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<v Speaker 1>Pawns of the government. And the argument is on both sides.

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<v Speaker 2>You can say, of Democrats, it's more important for you

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<v Speaker 2>to deal with the Obamacare, the extension of Obamacare versus

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<v Speaker 2>feeding people.

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<v Speaker 1>How dare you do that?

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<v Speaker 2>Republicans are saying exactly the opposite. I mean, it is

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<v Speaker 2>a political football that's going back and forth, ping pong ball. Actually,

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<v Speaker 2>and so the judge of lawsuits were filed twenty five

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<v Speaker 2>states filed lawsuits, I might add, saying that these funds

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<v Speaker 2>have to be dispersed, and they have to be dispersed.

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<v Speaker 1>Now. Now the government says, we don't have that money.

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<v Speaker 2>It's eight billion dollars a year a month than all

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<v Speaker 2>we have is five billion. And so the judge says,

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<v Speaker 2>then release that five billion dollars. At least that's something.

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<v Speaker 2>And interestingly enough, the Trump administration, this is what Donald

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<v Speaker 2>Trump said, I think it was yesterday or Saturday. We

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<v Speaker 2>have to wait until the courts figure this out before

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<v Speaker 2>we release the money. Well, the problem is there's money

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<v Speaker 2>in that account for emergencies for exactly this sort of thing,

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<v Speaker 2>except the Trump administration is arguing legally that money is

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<v Speaker 2>supposed to be reserved only for situations like natural disasters.

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<v Speaker 2>Running out of STAP money is not a natural disaster.

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<v Speaker 1>You could argue that.

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<v Speaker 2>Now, on the other hand, where the Armed services got

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<v Speaker 2>their paycheck where reserve money didn't exist, the government argued

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<v Speaker 2>that that was okay. And here is the bottom line.

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<v Speaker 2>It is more important to pay the military, which by

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<v Speaker 2>the way, I think is hugely important. Don't misunderstand. Not

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<v Speaker 2>to pay the military is insane as far as I'm concerned.

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<v Speaker 2>But they're okay with people not having enough money to eat,

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<v Speaker 2>which actually floors me.

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<v Speaker 1>I mean, I just don't get it. I don't get

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<v Speaker 1>any of this.

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<v Speaker 2>I am just stunned for the government to say, well,

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<v Speaker 2>we don't know if legally we're allowed to do this.

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<v Speaker 1>Are you kidding?

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<v Speaker 2>You know, it's interesting that the president thinks he has

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<v Speaker 2>ultimate insane power on anything else. Wakes up in the morning,

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<v Speaker 2>I'm going to tariff, I'm going to change the tariff.

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<v Speaker 1>I'm going to do all this over here, and you go,

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<v Speaker 1>but but Congress doesn't let you. It's not the law.

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<v Speaker 1>I don't care what the law says. I am going

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<v Speaker 1>to do this, except when it comes to food stamps.

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<v Speaker 2>Now I have to figure out the judges and the

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<v Speaker 2>courts have to tell me whether I have the ability

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<v Speaker 2>to do this. And all you do is point to

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<v Speaker 2>that provision emergency funding. Well, we don't know what emergency

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<v Speaker 2>really means. You know, it's natural disaster, it's not Is

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<v Speaker 2>it an earthquake? Is that a hurricane? You know, we

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<v Speaker 2>really don't know. Emergency. Well, i'll tell you right now.

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<v Speaker 2>Forty million people not getting enough to eat, in my opinion,

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<v Speaker 2>is true emergency. Having people having kids not have breakfast

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<v Speaker 2>this morning or tomorrow morning, that's an emergency. And even

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<v Speaker 2>with states scrambling to try to get money into the

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<v Speaker 2>system so the kids can eat, President comes down and says,

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<v Speaker 2>if the states get involved.

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<v Speaker 1>In doing this, I'm going to nail the states. I

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<v Speaker 1>mean that one. I have a very hard time with.

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<v Speaker 1>I really, do you know.

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<v Speaker 2>I get the President arguing in terms of ice and

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<v Speaker 2>the power he has to arrest or not arrest people,

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<v Speaker 2>and to go forward. I get the argument there, I

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<v Speaker 2>truly do. I don't get this argument. I do not

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<v Speaker 2>get this argument with holding money so people don't have

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<v Speaker 2>enough to eat.

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<v Speaker 1>Explain that one to me, please.

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<v Speaker 2>And the White House was asked for comment and it

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<v Speaker 2>deferred to the Office of Management and Budget, which gave

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<v Speaker 2>no comment.

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<v Speaker 1>Hopefully this thing ends very very quickly.

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<v Speaker 2>Unfortunately, right now the Republicans the Democrats are at an impasse,

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<v Speaker 2>all right, and we are waiting for Petros to join

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<v Speaker 2>us because Petros, of course one of the sports casters, extraordinary,

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<v Speaker 2>probably one of the well I love Petros and he's

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<v Speaker 2>on a five seven LA sports. Is he there yet

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<v Speaker 2>as we're working, or I'm going to have to pretend

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<v Speaker 2>I know what I'm talking about?

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<v Speaker 3>Is there?

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<v Speaker 1>Oh? There you are, Petros? Good morning, God Bell, how

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<v Speaker 1>are you. I'm good, Thanks for joining us. I know

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<v Speaker 1>you're kind of busy this morning.

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<v Speaker 2>I have one question I want to ask you that

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<v Speaker 2>you know I'm not the maven of sports. You and I, well,

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<v Speaker 2>you have made a lot of fun with me over

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<v Speaker 2>the years about how I know so little about it.

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<v Speaker 2>But correct me if I'm wrong on this one. First

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<v Speaker 2>of all, the game Saturday's game was the first full

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<v Speaker 2>baseball game that I've watched on TV in probably fifty years.

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<v Speaker 2>I am not a baseball you know. That's a long time.

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<v Speaker 2>I've seen bits and pieces, but this was the whole game.

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<v Speaker 2>Correct me if I'm wrong on this one. The Blue

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<v Speaker 2>Jays outplayed the Dodgers throughout the entire series. They were

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<v Speaker 2>just a better team. And yet of course they lost.

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<v Speaker 2>And I'm saying because lightning in a bottle in a

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<v Speaker 2>few instances, would you respond to that?

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<v Speaker 3>Well, that was some narrative from some of the bitter

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<v Speaker 3>Canadian types from the Toronto side of it after the game,

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<v Speaker 3>because the Dodgers just did hit well throughout, I mean

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<v Speaker 3>ever since the second half of that extra innings game

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<v Speaker 3>all the way through. They just did not have the

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<v Speaker 3>offense that they normally have. And you could say that

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<v Speaker 3>the Blue Jays were stingy. You can say that the

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<v Speaker 3>Blue Jays were tough. You could say that the Blue

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<v Speaker 3>Jays were very stubborn as far as letting the Dodgers

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<v Speaker 3>have any kind of pausetive feelings or big innings. But

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<v Speaker 3>I don't know if you can say that the better

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<v Speaker 3>team because they have it's a seven game series. You

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<v Speaker 3>have to win four games, as you know, to win

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<v Speaker 3>the championship. Of course, Dodgers won four. I mean they

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<v Speaker 3>won four games.

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<v Speaker 2>But let me ask you this, if you have how

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<v Speaker 2>much much would you say, is well go back to

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<v Speaker 2>lightning in a bottle where if you're looking at it

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<v Speaker 2>big picture.

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<v Speaker 1>Maybe I'm wrong on this because Colono brought this up too.

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<v Speaker 2>Hey, you win, you win, You can call it whatever

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<v Speaker 2>you want, and you win, and that's the better team.

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<v Speaker 2>But okay, yeah, that can be an argument, and certain

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<v Speaker 2>less with the Jay say so in terms of magic moments,

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<v Speaker 2>I've heard a game for the Ages series of the Ages.

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<v Speaker 2>You want to comment on that, and do you buy that?

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<v Speaker 3>Yeah? I think that As we've kind of watched this

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<v Speaker 3>Dodger team over the years, our perspective has kind of

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<v Speaker 3>been skewed because you see things, especially in the last

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<v Speaker 3>couple of years, that you just don't see in baseball

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<v Speaker 3>that no one's ever seen a guy like shohey Otani

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<v Speaker 3>do what he's doing. And it's really hard to compare

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<v Speaker 3>it to anything because it's not something that's really ever

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<v Speaker 3>happened before. So that alone, that part of it alone

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<v Speaker 3>is pretty astounding. And then the factor in what Yoshinobu

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<v Speaker 3>Yamamoto did, which pitchers don't really do anymore, go on

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<v Speaker 3>no rest and get out there and look ice cold

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<v Speaker 3>even though they're in the toughest situation that you can

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<v Speaker 3>imagine in sports. That's the kind of stuff that made

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<v Speaker 3>it really special. And then an eighteen inning game, like

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<v Speaker 3>you said, an extra innings game. I mean, I understand

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<v Speaker 3>your perspective about the better team, but I work in

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<v Speaker 3>football and deal with coaches after losses all the time,

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<v Speaker 3>and everybody always says, well, if only this happened, if

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<v Speaker 3>only this happened, But what about this this was? I mean,

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<v Speaker 3>the margins are really, really, really said when you're trying

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<v Speaker 3>for a championship, and we saw that very much throughout

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<v Speaker 3>the series.

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<v Speaker 2>When are they ever going to return to a player,

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<v Speaker 2>a pitcher doing all nine innings. It's you know, when

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<v Speaker 2>I started watching baseball. To give you an idea, the

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<v Speaker 2>last time I actually watched the game, watched the game

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<v Speaker 2>and went to a game and actually knew who the

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<v Speaker 2>players were. It was Don Drysdale, Sandy Cofax. With the pitchers,

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<v Speaker 2>Jim Gillian was first, Mary Wills was shortstop. Seriously, that's

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<v Speaker 2>when I knew all the Dodgers. So it's been a

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<v Speaker 2>couple of years, but Dodgers, but pitchers went went nine

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<v Speaker 2>innings unless they were thrown out and just and just imploding.

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<v Speaker 1>Why do they do that anymore?

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<v Speaker 3>Well, this guy Yamamoto had a pension for doing it

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<v Speaker 3>in Japan, and then all of a sudden he was

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<v Speaker 3>able to do it this year. But it doesn't happen

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<v Speaker 3>anymore because pitchers throw a lot harder all the time

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<v Speaker 3>than they used to. They are always searching for something

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<v Speaker 3>they call spin right now or velocity, and that leads

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<v Speaker 3>to more tired arms. It leads to a lot more surgeries,

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<v Speaker 3>Tommy John surgery. A lot of these guys have Tommy

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<v Speaker 3>John surgery before their career even gets started, when they're young.

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<v Speaker 3>And I think it's the pressure that we put on

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<v Speaker 3>the arms of the pitcher playing year round that they

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<v Speaker 3>play year round baseball, you know, in youth baseball now,

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<v Speaker 3>and it tires them out, and everything's just become a

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<v Speaker 3>lot more specialized. And the real answer, probably deep down,

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<v Speaker 3>is that everybody's a lot softer than they used to be.

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<v Speaker 2>Yeah, okay, I'll buy that. And you know, short of

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<v Speaker 2>either a no hitter or a perfect game. You're just

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<v Speaker 2>not going to see a pitcher go all the way.

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<v Speaker 2>Is that correct?

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<v Speaker 3>You just well you see it, but it just happens

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<v Speaker 3>a lot less, probably seventy five percent less the time

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<v Speaker 3>that's used to Although maybe with the way that Y'a

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<v Speaker 3>Mamoto performed in this World Series, maybe you'll see a

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<v Speaker 3>trend go back to that. I mean, we've had baseball

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<v Speaker 3>for over one hundred years, and trends kind of change

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<v Speaker 3>and things kind of move, and we end up going

0:13:19.679 --> 0:13:22.280
<v Speaker 3>back to a lot of stuff. It happens in football too.

0:13:22.640 --> 0:13:23.000
<v Speaker 1>All right.

0:13:23.040 --> 0:13:25.600
<v Speaker 2>I know you're going to be really business warning covering

0:13:26.040 --> 0:13:28.079
<v Speaker 2>what is happening. I just want to quickly remind you

0:13:28.120 --> 0:13:30.439
<v Speaker 2>don't forget your can of gasoline and your matches, Okay,

0:13:30.520 --> 0:13:31.240
<v Speaker 2>enjoy yourself.

0:13:32.000 --> 0:13:35.520
<v Speaker 3>All right, Well I have that, and yeah I have that,

0:13:35.640 --> 0:13:37.840
<v Speaker 3>and I also have my hairspray and my liners. So

0:13:37.880 --> 0:13:38.320
<v Speaker 3>we're good.

0:13:38.640 --> 0:13:40.880
<v Speaker 1>Yeah, we're all good. Petros. Thanks for taking the time.

0:13:40.960 --> 0:13:44.880
<v Speaker 3>Take take care anytime. Bill. I'm here for you whatever

0:13:44.920 --> 0:13:45.320
<v Speaker 3>you want.

0:13:45.559 --> 0:13:47.319
<v Speaker 1>I know, I love it, love having you on. I

0:13:47.360 --> 0:13:48.880
<v Speaker 1>don't know why we don't do enough.

0:13:48.760 --> 0:13:52.199
<v Speaker 3>Of that that Bill I've to handle on the news.

0:13:52.200 --> 0:13:52.959
<v Speaker 3>I'll come back.

0:13:53.600 --> 0:13:55.000
<v Speaker 1>I love it. I love it when you do.

0:13:55.480 --> 0:13:58.120
<v Speaker 2>All right, so Petro so well, they'll be all day

0:13:58.120 --> 0:14:01.040
<v Speaker 2>coverage today on AM five to seven LAS Sports, and

0:14:01.400 --> 0:14:04.920
<v Speaker 2>obviously LA is celebrating in a very big, big way.

0:14:05.720 --> 0:14:12.920
<v Speaker 2>I'm not because you know, eh, but this is a

0:14:12.920 --> 0:14:15.600
<v Speaker 2>big deal. Okay, I wanna yeah, don't a big.

0:14:15.440 --> 0:14:18.040
<v Speaker 1>Deal, bill it is, but you know it's a big deal.

0:14:18.040 --> 0:14:21.360
<v Speaker 1>When the Lakers win, it's a big deal. I'm just

0:14:21.400 --> 0:14:23.520
<v Speaker 1>not in. I'm just not into that stuff. To be fair,

0:14:23.560 --> 0:14:25.960
<v Speaker 1>the Lakers haven't won much in a while, so no, when.

0:14:25.880 --> 0:14:27.720
<v Speaker 2>The Lakers did win, that was another one when they

0:14:27.720 --> 0:14:33.440
<v Speaker 2>were the dynasty that absolutely dominated the NBA or the

0:14:33.600 --> 0:14:38.480
<v Speaker 2>LFB or the s whatever. Okay, Now, guess who's coming

0:14:38.520 --> 0:14:42.760
<v Speaker 2>to town for the Prop fifty vote, and that is

0:14:42.920 --> 0:14:46.280
<v Speaker 2>going to be the federal overseers.

0:14:46.320 --> 0:14:48.240
<v Speaker 1>Federal election monitors are coming.

0:14:48.280 --> 0:14:53.600
<v Speaker 2>The Department of Justice deploying election monitors to five California

0:14:53.640 --> 0:14:54.920
<v Speaker 2>counties on election day.

0:14:55.840 --> 0:14:56.880
<v Speaker 1>This was announced on.

0:14:56.840 --> 0:15:02.280
<v Speaker 2>Friday, and why it's to quote insure transparency, ballot security,

0:15:02.280 --> 0:15:07.160
<v Speaker 2>and compliance with federal law. Now, while that seems outrageous,

0:15:07.160 --> 0:15:09.480
<v Speaker 2>doesn't it. Oh my god, look what the feds are doing.

0:15:09.680 --> 0:15:12.000
<v Speaker 2>They're going to oversee our election by the way, it

0:15:12.040 --> 0:15:17.600
<v Speaker 2>happens a whole lot, believe me. And this one is

0:15:17.760 --> 0:15:23.600
<v Speaker 2>because the Republicans, actually the California Republican Party actually requested

0:15:23.680 --> 0:15:28.400
<v Speaker 2>election monitors and the Feds are going, yeah, that'll work.

0:15:28.800 --> 0:15:34.600
<v Speaker 2>We're going to come in and oversee the Prop fifty elections. Now,

0:15:34.720 --> 0:15:37.480
<v Speaker 2>keep in mind that this is not lightning in a bottle.

0:15:37.600 --> 0:15:40.840
<v Speaker 2>This is not an outlier. It happens all the time

0:15:41.520 --> 0:15:46.320
<v Speaker 2>when federal judges order it, sometimes state judges, when requests

0:15:46.320 --> 0:15:48.600
<v Speaker 2>are made and Department of Justice goes forward.

0:15:49.360 --> 0:15:50.000
<v Speaker 1>It happens.

0:15:50.080 --> 0:15:55.640
<v Speaker 2>But now it's simply the political the political backlash. I'll

0:15:55.640 --> 0:15:57.440
<v Speaker 2>tell you what I have not heard yet, and I

0:15:57.440 --> 0:15:59.200
<v Speaker 2>don't know whether we're going to hear it. Maybe it's

0:15:59.280 --> 0:16:03.400
<v Speaker 2>good news. I have not heard from any Republican for

0:16:04.280 --> 0:16:09.239
<v Speaker 2>source at this point saying if Prop fifty wins, it's

0:16:09.320 --> 0:16:14.680
<v Speaker 2>a rigged election. I have not heard that. I guess

0:16:14.680 --> 0:16:17.360
<v Speaker 2>that's good news, isn't it that we're staying away from

0:16:17.560 --> 0:16:19.840
<v Speaker 2>that point? Now, what are they going to do?

0:16:20.480 --> 0:16:20.760
<v Speaker 1>Well?

0:16:21.200 --> 0:16:24.440
<v Speaker 2>What does observing mean? Does that mean overseeing the counting?

0:16:25.120 --> 0:16:29.480
<v Speaker 2>Does that mean only day of the election. Again, we

0:16:29.520 --> 0:16:33.480
<v Speaker 2>don't know at this point, and there have been just

0:16:33.720 --> 0:16:36.800
<v Speaker 2>it's been a long track record of civil rights violations

0:16:37.400 --> 0:16:39.640
<v Speaker 2>that the Department of Justice has been monitoring.

0:16:39.680 --> 0:16:41.520
<v Speaker 1>Now here, it's not a civil rights violation.

0:16:41.600 --> 0:16:44.320
<v Speaker 2>I think anybody's arguing that it's just the numbers, And

0:16:44.360 --> 0:16:46.840
<v Speaker 2>why is it such a big deal that the FEDS

0:16:46.920 --> 0:16:49.840
<v Speaker 2>want to oversee and make sure that this election is

0:16:50.120 --> 0:16:55.560
<v Speaker 2>I guess legitimate. Is because the whole concept of Prop.

0:16:55.680 --> 0:17:00.040
<v Speaker 2>Fifty is in response to what Texas did in in

0:17:00.120 --> 0:17:06.119
<v Speaker 2>terms of redistricting at the request of President Trump. Texas

0:17:06.200 --> 0:17:11.720
<v Speaker 2>was not going to redistrict until President Trump said to Texas, redistrict,

0:17:11.760 --> 0:17:17.760
<v Speaker 2>take this legislature, state legislature, which is Republican, changed.

0:17:17.400 --> 0:17:18.240
<v Speaker 1>The rules or not.

0:17:18.359 --> 0:17:20.920
<v Speaker 2>In the case of Texas, it wasn't a rule change,

0:17:20.960 --> 0:17:24.800
<v Speaker 2>it was changed your procedure, your policy to redistrict to

0:17:24.920 --> 0:17:30.720
<v Speaker 2>create more Republican seats. And California is fighting that directly

0:17:31.440 --> 0:17:35.520
<v Speaker 2>with Prop fifty, saying that it's rules now, that it's

0:17:35.600 --> 0:17:40.200
<v Speaker 2>procedure that's in law has to be changed to enable

0:17:40.280 --> 0:17:43.320
<v Speaker 2>California to do exactly what Texas did. It is become

0:17:43.440 --> 0:17:47.720
<v Speaker 2>a political football. Now has it become a political football

0:17:47.720 --> 0:17:51.760
<v Speaker 2>in terms of a fair election? I have not heard that.

0:17:52.040 --> 0:17:53.879
<v Speaker 2>I have not heard that I think to the credit

0:17:53.920 --> 0:17:57.640
<v Speaker 2>of everybody. I think it's just a legitimate political fight

0:17:58.200 --> 0:18:03.399
<v Speaker 2>where the Republicans are arguing, we keep our redistricting plan

0:18:03.560 --> 0:18:06.920
<v Speaker 2>exactly the same it is in law, and the Democrats

0:18:07.000 --> 0:18:09.440
<v Speaker 2>are saying, wait a minute, we have to fight fire

0:18:09.520 --> 0:18:12.960
<v Speaker 2>with fire if the Republicans are doing that in Texas

0:18:13.000 --> 0:18:14.760
<v Speaker 2>and other Southern states, and we've got to do the

0:18:14.800 --> 0:18:15.200
<v Speaker 2>same thing.

0:18:15.240 --> 0:18:19.119
<v Speaker 1>Otherwise we've lost. Otherwise, it's guaranteed.

0:18:20.920 --> 0:18:25.600
<v Speaker 2>That there will virtually always be a Republican majority because

0:18:25.640 --> 0:18:30.480
<v Speaker 2>the way the restricting redistriction works is so horrific. The

0:18:30.520 --> 0:18:33.680
<v Speaker 2>California model makes all the sense in the world. California

0:18:33.680 --> 0:18:40.520
<v Speaker 2>has an independent commission because of the the history of jerrymandering.

0:18:40.560 --> 0:18:43.199
<v Speaker 2>You ever seen jerry mannering is you look at a

0:18:43.200 --> 0:18:46.919
<v Speaker 2>map of a district and it makes no sense whatsoever.

0:18:47.040 --> 0:18:49.200
<v Speaker 2>It goes in and out, and the little peninsulas and

0:18:49.240 --> 0:18:52.720
<v Speaker 2>a little seems like islands, and just I mean, it's horrible,

0:18:53.560 --> 0:18:58.239
<v Speaker 2>and that has been going on forever. Well, we in

0:18:58.280 --> 0:19:01.879
<v Speaker 2>Californias the proposition that says we're going to take that

0:19:01.920 --> 0:19:04.720
<v Speaker 2>away from the legislature. We're going to give the redistricting

0:19:04.760 --> 0:19:08.320
<v Speaker 2>based on the census. Every ten years. We're going to

0:19:08.320 --> 0:19:11.520
<v Speaker 2>give this independent commission. They're going to be the ones

0:19:11.560 --> 0:19:14.720
<v Speaker 2>to redistrict and they have to be looking at it objectively.

0:19:15.160 --> 0:19:17.800
<v Speaker 2>There'll be Republicans on an equal number of Democrats, and

0:19:17.840 --> 0:19:20.320
<v Speaker 2>there'll be other leaders and they'll I don't even know

0:19:20.359 --> 0:19:24.720
<v Speaker 2>the makeup of that commission, but it's not political. Where

0:19:24.800 --> 0:19:27.480
<v Speaker 2>in Texas and other states they don't have that independent

0:19:27.520 --> 0:19:29.720
<v Speaker 2>commission so they can change the rules day and night.

0:19:30.040 --> 0:19:33.679
<v Speaker 2>That's what Prop fifty is about, is taking away the

0:19:33.760 --> 0:19:37.200
<v Speaker 2>independent commission, bringing back to the legislature which can fight

0:19:38.000 --> 0:19:40.600
<v Speaker 2>fire with fire. And that's what's happening in Prop fifty

0:19:41.000 --> 0:19:45.760
<v Speaker 2>and the Feds, I mean obviously the Republican, the Republican,

0:19:46.000 --> 0:19:49.560
<v Speaker 2>the administration which is Republican. At President Trump specifically, who

0:19:49.680 --> 0:19:53.520
<v Speaker 2>asked the redistricting to happen, he is not a big fan.

0:19:54.280 --> 0:19:55.879
<v Speaker 1>Of what California is about to do.

0:19:56.080 --> 0:19:58.879
<v Speaker 2>By the Prop fifty is going to pass, overwhelming him, Amlichino.

0:19:59.080 --> 0:20:03.600
<v Speaker 2>Right now, it is going to happen. Okay, here is say,

0:20:04.600 --> 0:20:07.760
<v Speaker 2>maybe a sign of the times. Car repossessions are at

0:20:07.760 --> 0:20:11.520
<v Speaker 2>a fifteen year high. Does that mean there's an economic recession?

0:20:11.560 --> 0:20:15.040
<v Speaker 2>Because usually you know it makes sense car repos are

0:20:15.080 --> 0:20:17.440
<v Speaker 2>going up, up, up, which means the recession has to

0:20:17.480 --> 0:20:18.919
<v Speaker 2>be on top of us, not.

0:20:18.840 --> 0:20:21.440
<v Speaker 1>Necessarily, not necessarily.

0:20:21.480 --> 0:20:24.880
<v Speaker 2>Two point two million cars already repossessed this year, expecting

0:20:24.920 --> 0:20:27.680
<v Speaker 2>to be passed three million by the end of the year.

0:20:28.280 --> 0:20:32.520
<v Speaker 2>And so here are the debates. Economists are debating like crazy,

0:20:33.320 --> 0:20:37.600
<v Speaker 2>does this number of car repossessions and the fact that

0:20:37.640 --> 0:20:43.240
<v Speaker 2>they are growing, does that signal deeper trouble for the economy.

0:20:44.000 --> 0:20:46.879
<v Speaker 2>Alan Jen who's an economics professor at the University of

0:20:46.920 --> 0:20:48.879
<v Speaker 2>San Diego, really looks into this and he says, some

0:20:48.920 --> 0:20:52.200
<v Speaker 2>people think that we're headed for a recession. Other people

0:20:52.240 --> 0:20:56.160
<v Speaker 2>think that will remain positive. But we're growing only very slowly.

0:20:57.880 --> 0:21:00.920
<v Speaker 2>And he says, and this is his position, and rising

0:21:01.000 --> 0:21:06.080
<v Speaker 2>repossessions do not necessarily mean a recession is coming. But

0:21:06.240 --> 0:21:10.479
<v Speaker 2>all it does show is the economy is slowing. That

0:21:10.520 --> 0:21:16.800
<v Speaker 2>means it's still growing, but it is slowing. And the

0:21:17.240 --> 0:21:23.240
<v Speaker 2>slowing part of it mainly is jobs and wages. If

0:21:23.240 --> 0:21:26.639
<v Speaker 2>people aren't getting raises or new jobs, they could be

0:21:26.720 --> 0:21:30.359
<v Speaker 2>impacted in terms of their ability to make payments, particularly

0:21:30.359 --> 0:21:32.200
<v Speaker 2>with the cost of other products increasing.

0:21:32.240 --> 0:21:34.080
<v Speaker 1>YEA a little complicated here.

0:21:34.920 --> 0:21:37.800
<v Speaker 2>There are a lot of moving pieces on this one,

0:21:38.680 --> 0:21:41.720
<v Speaker 2>and of course the pandemic is involved like crazy, as

0:21:41.720 --> 0:21:43.119
<v Speaker 2>it does with everything.

0:21:44.000 --> 0:21:44.920
<v Speaker 1>So here's what's going on.

0:21:45.040 --> 0:21:48.000
<v Speaker 2>Inflation is continuing to drive up price of housing and food.

0:21:48.680 --> 0:21:50.600
<v Speaker 2>It was to a point a couple of years ago

0:21:50.600 --> 0:21:55.480
<v Speaker 2>where wages were increasing at a greater rate than inflation.

0:21:55.680 --> 0:21:59.840
<v Speaker 2>It is turned around again where inflation is beating wages

0:22:01.560 --> 0:22:06.120
<v Speaker 2>and households because of the cost of food and housing

0:22:06.840 --> 0:22:10.879
<v Speaker 2>are simply pushing car payments lower on the list of priority.

0:22:12.000 --> 0:22:15.000
<v Speaker 1>You got to live someplace and you have to eat.

0:22:16.119 --> 0:22:18.840
<v Speaker 2>Now getting a car, keeping a car, how do you

0:22:18.880 --> 0:22:21.560
<v Speaker 2>go to work, Well, you can figure out another way

0:22:21.600 --> 0:22:23.480
<v Speaker 2>of going to work. You can take the bus, you

0:22:23.520 --> 0:22:27.600
<v Speaker 2>can carpool, you can do whatever. You can't carpool with

0:22:27.720 --> 0:22:32.840
<v Speaker 2>food or housing. And so Jin traces us back to

0:22:32.880 --> 0:22:37.760
<v Speaker 2>the pandemic where we had extra savings and we're spending

0:22:39.000 --> 0:22:43.320
<v Speaker 2>big ticket items and not really paying attention to prices

0:22:43.480 --> 0:22:46.040
<v Speaker 2>or interest rates. Because when you have a pile of

0:22:46.080 --> 0:22:50.359
<v Speaker 2>money that you're saving, guess what, You're not going to

0:22:50.480 --> 0:22:54.320
<v Speaker 2>really pay attention to the cost of things or the

0:22:54.400 --> 0:22:56.960
<v Speaker 2>interest rates. So a lot of car buyers ended up underwater.

0:22:57.000 --> 0:22:58.800
<v Speaker 2>I get this call all the time on handle on

0:22:58.840 --> 0:23:02.320
<v Speaker 2>the law. My car has been totaled. But they tell

0:23:02.359 --> 0:23:05.000
<v Speaker 2>me I owe more money than the car is worth.

0:23:05.080 --> 0:23:09.360
<v Speaker 2>You bet you do. A lot of car buyers ended

0:23:09.440 --> 0:23:14.560
<v Speaker 2>up underwater. So what happens is what do people do,

0:23:14.760 --> 0:23:16.480
<v Speaker 2>and they don't care about their credit. They walk away

0:23:16.480 --> 0:23:19.760
<v Speaker 2>from the car. Just walk away because at the end

0:23:19.800 --> 0:23:21.320
<v Speaker 2>of all, at the end of it all, if the

0:23:21.320 --> 0:23:25.440
<v Speaker 2>car is worth less than is worth less than the

0:23:25.480 --> 0:23:30.000
<v Speaker 2>amount you owe, but you might as well walk away.

0:23:30.040 --> 0:23:31.240
<v Speaker 1>And a lot of people are doing that.

0:23:31.960 --> 0:23:32.320
<v Speaker 3>Today.

0:23:32.359 --> 0:23:34.000
<v Speaker 2>The average price of a new car in the US

0:23:34.080 --> 0:23:36.400
<v Speaker 2>is over fifty thousand dollars for the first time ever.

0:23:36.880 --> 0:23:39.000
<v Speaker 2>I can you imagine the average price of a car

0:23:39.080 --> 0:23:43.840
<v Speaker 2>is over fifty thousand dollars? I mean, you know, I

0:23:43.880 --> 0:23:48.200
<v Speaker 2>just look at that and I go, that's almost impossible. Now,

0:23:48.440 --> 0:23:51.120
<v Speaker 2>Jin said, it's too soon to tell whether the repos

0:23:51.160 --> 0:23:54.359
<v Speaker 2>will continue to climb or to start to level off.

0:23:55.040 --> 0:23:59.840
<v Speaker 2>But here is the main issue here, and here's the

0:24:00.000 --> 0:24:03.880
<v Speaker 2>equation we have to look at very very careful. When

0:24:03.920 --> 0:24:09.480
<v Speaker 2>Americans can't make payments on something as essential as a car,

0:24:10.240 --> 0:24:13.080
<v Speaker 2>which is the way they get to work, this is

0:24:13.119 --> 0:24:18.600
<v Speaker 2>a sure sign of financial stress. Is housing too expensive? Well,

0:24:18.640 --> 0:24:23.280
<v Speaker 2>particularly here in southern California where housing is ridiculous, the

0:24:23.320 --> 0:24:27.440
<v Speaker 2>cost of food that's going up and people are noticing that.

0:24:27.600 --> 0:24:31.720
<v Speaker 2>And that's the and this may cost the Republicans during

0:24:31.760 --> 0:24:36.960
<v Speaker 2>the mid terms because they won on the inflation issue,

0:24:37.040 --> 0:24:40.000
<v Speaker 2>they won on the cost we are going to bring

0:24:40.040 --> 0:24:42.679
<v Speaker 2>the cost down and have not been.

0:24:42.600 --> 0:24:46.760
<v Speaker 1>Able to keep their word on that one through their fault.

0:24:47.000 --> 0:24:50.000
<v Speaker 2>You know, there's so many issues that any one group

0:24:50.040 --> 0:24:51.960
<v Speaker 2>that says I'm going to do this, I'm going to

0:24:51.960 --> 0:24:55.359
<v Speaker 2>bring the cost down, that's not true. Or any one

0:24:55.400 --> 0:24:59.640
<v Speaker 2>group that's blamed for cost going up, that's not true either.

0:24:59.680 --> 0:25:01.639
<v Speaker 1>It's a lot more complicated than that.

0:25:01.960 --> 0:25:06.520
<v Speaker 2>Now, during the past downturns, spikes in the car repos

0:25:06.560 --> 0:25:11.879
<v Speaker 2>have coincided with job losses. And if you add AI

0:25:12.640 --> 0:25:15.879
<v Speaker 2>and the unemployment figures that are hitting across the country

0:25:15.880 --> 0:25:16.879
<v Speaker 2>and me talking more.

0:25:16.800 --> 0:25:18.359
<v Speaker 1>A little bit more about AI later on.

0:25:18.520 --> 0:25:21.800
<v Speaker 2>Kind of a fun topic with AI death threats that

0:25:22.800 --> 0:25:24.320
<v Speaker 2>I enjoy death threats as a topic.

0:25:24.359 --> 0:25:25.399
<v Speaker 1>It's just something that's fun.

0:25:26.200 --> 0:25:29.000
<v Speaker 2>The point is is are we looking at an economy

0:25:29.080 --> 0:25:33.480
<v Speaker 2>that is going down? I think we are, but the

0:25:33.560 --> 0:25:37.320
<v Speaker 2>jury is out. KFI AM six forty.

0:25:37.680 --> 0:25:39.440
<v Speaker 1>You've been listening to the Bill handle show.

0:25:39.520 --> 0:25:42.879
<v Speaker 2>Catch my Show Monday through Friday six am to nine am,

0:25:42.920 --> 0:25:46.359
<v Speaker 2>and anytime on demand on the iHeartRadio app