1 00:00:00,600 --> 00:00:02,960 Speaker 1: Calf. I am six forty. You're listening to the John 2 00:00:02,960 --> 00:00:09,120 Speaker 1: and Ken Show on demand on the iHeartRadio app. Yes, 3 00:00:09,480 --> 00:00:12,920 Speaker 1: welcome everybody. I'm really sluggish though, I mean, did the 4 00:00:13,000 --> 00:00:16,799 Speaker 1: time change? Do you win? No? I didn't notice the 5 00:00:16,840 --> 00:00:19,000 Speaker 1: time change because I was in Arizona over the weekend 6 00:00:19,079 --> 00:00:22,919 Speaker 1: and they don't change the time. Yeah. But when you 7 00:00:22,960 --> 00:00:25,440 Speaker 1: came back here there was an hour difference and it 8 00:00:25,440 --> 00:00:29,920 Speaker 1: had already gotten ordered down. Oh that's the trick, you poll. 9 00:00:30,040 --> 00:00:34,279 Speaker 1: I don't know how that works, but I didn't notice anything. Well, 10 00:00:34,280 --> 00:00:35,879 Speaker 1: then I had to get up early and stand in 11 00:00:35,920 --> 00:00:37,480 Speaker 1: line to take all my money out of the bank. 12 00:00:37,520 --> 00:00:39,760 Speaker 1: You know, there's another crisis upon us. Oh, and that 13 00:00:39,760 --> 00:00:43,800 Speaker 1: would take a while. No, did you do that one trip? 14 00:00:43,920 --> 00:00:51,040 Speaker 1: My whole thousand dollars? Did you ry your back? Very good? 15 00:00:51,080 --> 00:00:53,559 Speaker 1: You keep flipping your papers around there here. He did 16 00:00:53,600 --> 00:00:57,760 Speaker 1: a good job. We'll be talking in depth next hour 17 00:00:58,080 --> 00:01:01,560 Speaker 1: with Alex Stone, ABC News about what's going on with 18 00:01:01,600 --> 00:01:06,399 Speaker 1: these two banks that started with one Silicon Valley Bank SVB. 19 00:01:06,800 --> 00:01:09,440 Speaker 1: Of course, that was the big news on Friday, and 20 00:01:09,480 --> 00:01:12,600 Speaker 1: then the news that broke yesterday was that another bank 21 00:01:12,720 --> 00:01:17,000 Speaker 1: looked like it's going undercalled Signature and both of the 22 00:01:17,360 --> 00:01:22,480 Speaker 1: bank's depositors are going to get everything. The federal government 23 00:01:22,480 --> 00:01:26,119 Speaker 1: made a decision that even though FDIC insurance typically only 24 00:01:26,160 --> 00:01:29,000 Speaker 1: extends to two hundred and fifty thousand dollars for a deposit, 25 00:01:29,680 --> 00:01:32,680 Speaker 1: they're gonna By the way, SVB, most of the most 26 00:01:32,720 --> 00:01:35,640 Speaker 1: of them were corporations that had their money in that bank, 27 00:01:36,040 --> 00:01:38,160 Speaker 1: so they were well above and beyond the two hundred 28 00:01:38,160 --> 00:01:41,880 Speaker 1: fifty thousand dollars. Venture capitalists and a lot of Silicon 29 00:01:42,000 --> 00:01:45,320 Speaker 1: Valley startups that got their venture capital, yeah, and a 30 00:01:45,400 --> 00:01:50,480 Speaker 1: lot of big tech companies, and so they had some 31 00:01:50,560 --> 00:01:54,440 Speaker 1: of them had tens of millions of dollars right in there. 32 00:01:55,400 --> 00:01:58,800 Speaker 1: Because two hundred and fifty thousand is for the little people. Yeah, 33 00:01:58,840 --> 00:02:01,280 Speaker 1: that's the intention of it, because most people don't have 34 00:02:01,360 --> 00:02:03,400 Speaker 1: two hundred and fifty thousand dollars in the savings are 35 00:02:03,480 --> 00:02:06,760 Speaker 1: checking account. No. No, Now, the investors aren't going to 36 00:02:06,800 --> 00:02:09,480 Speaker 1: be bailed out. We're just talking about the depositors. Right. 37 00:02:09,600 --> 00:02:12,359 Speaker 1: If you invested in the bank, well, you know, you 38 00:02:12,560 --> 00:02:14,040 Speaker 1: got to find out what happens to it if it 39 00:02:14,080 --> 00:02:16,440 Speaker 1: gets taken over or whatever. If you own stock of 40 00:02:16,520 --> 00:02:19,000 Speaker 1: the bank or you bought bonds from the bank. Yeah, 41 00:02:19,040 --> 00:02:23,400 Speaker 1: then you're out of luck, right right. But but I 42 00:02:23,440 --> 00:02:26,480 Speaker 1: mean the article's range depending on what websites you're looking at, 43 00:02:26,560 --> 00:02:30,240 Speaker 1: from panic to uh, this is just a little bump. 44 00:02:30,680 --> 00:02:32,560 Speaker 1: Now they're comparing it to two thousand and eight, which 45 00:02:32,600 --> 00:02:34,600 Speaker 1: wasn't a little bump. I mean there were some serious 46 00:02:34,639 --> 00:02:36,959 Speaker 1: issues then with some you know, it depends how you 47 00:02:36,960 --> 00:02:38,920 Speaker 1: want to play a news story. You could say it's 48 00:02:38,960 --> 00:02:43,720 Speaker 1: the second and third largest bank failure in history. You can't, Yes, 49 00:02:43,800 --> 00:02:46,079 Speaker 1: you can't do that, that's right, But the first would 50 00:02:46,080 --> 00:02:47,520 Speaker 1: have been one of the two thousand and eight banks, 51 00:02:47,639 --> 00:02:51,760 Speaker 1: right right, yeah, uh, but but Silicon Valley Bank was 52 00:02:51,840 --> 00:02:57,880 Speaker 1: a tiny fraction of say, JP Morgan Chase Bank of America. 53 00:02:58,000 --> 00:03:01,480 Speaker 1: It's a little tiny, it's sixteen, but it's sixteenth way 54 00:03:01,560 --> 00:03:04,320 Speaker 1: back in the terms of the assets they But it's 55 00:03:04,360 --> 00:03:07,000 Speaker 1: really important to Silicon Valley. I mean just about the 56 00:03:07,040 --> 00:03:11,720 Speaker 1: whole industry in that region did business through Silicon Valley Bank. Now, 57 00:03:12,000 --> 00:03:14,880 Speaker 1: you know, you know what has also changed about bank 58 00:03:14,960 --> 00:03:16,919 Speaker 1: runs because it used to be if you ever saw 59 00:03:17,000 --> 00:03:21,239 Speaker 1: old footage of the nineteen thirties, right depression er bank runs, 60 00:03:21,280 --> 00:03:23,560 Speaker 1: everybody would be standing in the street. You know, there'd 61 00:03:23,560 --> 00:03:25,720 Speaker 1: be a line up my hardy news report this morning. 62 00:03:25,720 --> 00:03:29,480 Speaker 1: They were standing outside a signature National bank, not signature SVB, 63 00:03:29,639 --> 00:03:31,840 Speaker 1: up in the valley. That's what the reporter said. I 64 00:03:32,280 --> 00:03:35,080 Speaker 1: didn't see any video of that, but there probably was some. 65 00:03:35,360 --> 00:03:38,200 Speaker 1: But what most people did on Friday when they put 66 00:03:38,240 --> 00:03:42,200 Speaker 1: Silicon Valley Bank under was they were withdrawing money online, 67 00:03:42,360 --> 00:03:45,520 Speaker 1: which didn't exist in two there's probably an app right 68 00:03:45,520 --> 00:03:48,080 Speaker 1: where you can just do your banking with the app right, 69 00:03:48,280 --> 00:03:51,920 Speaker 1: which is taken change and transfer these funds right, and 70 00:03:51,960 --> 00:03:55,800 Speaker 1: with social media. Once somebody posts, hey, something's going screwry 71 00:03:55,840 --> 00:03:58,839 Speaker 1: at Silicon Valley Bank, you better pull your funds out 72 00:03:58,840 --> 00:04:00,800 Speaker 1: than boom boom boom. It's happened. I think it was 73 00:04:00,840 --> 00:04:05,280 Speaker 1: like something like five hundred dollars a second. The money 74 00:04:05,320 --> 00:04:10,360 Speaker 1: was flying out of the bank electronically. Yeah. No, that's uh, 75 00:04:10,720 --> 00:04:13,560 Speaker 1: that's going to happen quickly. So that's why they halted 76 00:04:13,560 --> 00:04:15,839 Speaker 1: trading in some other bank Sheriff today because the same 77 00:04:15,840 --> 00:04:18,680 Speaker 1: thing was kind of happened. It's the investment, not the deposits, 78 00:04:18,720 --> 00:04:21,600 Speaker 1: but the same kind of idea. Some people were just 79 00:04:22,200 --> 00:04:23,919 Speaker 1: it's happening all too fast, so they put up like 80 00:04:23,920 --> 00:04:26,840 Speaker 1: a little slow down sign and try to get to 81 00:04:26,880 --> 00:04:29,200 Speaker 1: the trading to slow down. Well, yeah, because the stocks 82 00:04:29,240 --> 00:04:31,320 Speaker 1: or some of these banks were down sixty seventy percent 83 00:04:31,400 --> 00:04:35,080 Speaker 1: early on. Yeah, they were exactly. Yeah. First Republic took 84 00:04:35,120 --> 00:04:39,160 Speaker 1: a took a big bath with its stock early on. Right, 85 00:04:39,320 --> 00:04:42,360 Speaker 1: So you know the reason Old Joe was hauled out. 86 00:04:42,400 --> 00:04:45,159 Speaker 1: There was six AMR. Time he came out to speak 87 00:04:45,160 --> 00:04:47,880 Speaker 1: this morning, nine am. Was to do the old thing. 88 00:04:48,040 --> 00:04:52,160 Speaker 1: Please don't run on your bank. We got this. We're 89 00:04:52,360 --> 00:04:55,120 Speaker 1: gonna make sure that these two banks depositors are made 90 00:04:55,160 --> 00:04:57,920 Speaker 1: whole and don't. Don't because what they're trying to do. 91 00:04:58,520 --> 00:05:00,680 Speaker 1: A lot of what this country runs on when it 92 00:05:00,680 --> 00:05:04,080 Speaker 1: comes to the economy is consumer confidence. Sometimes there's too 93 00:05:04,200 --> 00:05:07,839 Speaker 1: much of it and we get inflation. Sometimes everybody panics 94 00:05:07,880 --> 00:05:11,280 Speaker 1: together and we head towards recession or even worse like 95 00:05:11,320 --> 00:05:14,680 Speaker 1: we did back in a bad recession. Today, this is 96 00:05:14,720 --> 00:05:19,039 Speaker 1: an after effect of the COVID lockdown. This still is 97 00:05:19,320 --> 00:05:23,560 Speaker 1: another reverberation because they locked down the economy, so they 98 00:05:23,600 --> 00:05:26,400 Speaker 1: had to print a lot of money and send everybody 99 00:05:26,520 --> 00:05:31,640 Speaker 1: checks and send all that money to businesses. And that 100 00:05:31,760 --> 00:05:34,760 Speaker 1: of course, oh not only they print money, they borrowed 101 00:05:34,920 --> 00:05:38,040 Speaker 1: trillions of dollars. Dump that money into the system. It's 102 00:05:38,040 --> 00:05:42,880 Speaker 1: like six trillion dollars. Yeah, so that created inflation, and 103 00:05:42,960 --> 00:05:45,760 Speaker 1: nobody wanted to admit it. They said, no others, no inflation. Oh, 104 00:05:46,080 --> 00:05:48,880 Speaker 1: nothing to see. Oh, inflation is transitory and are just 105 00:05:48,920 --> 00:05:52,000 Speaker 1: a few months. Well, then inflation blew up. It was 106 00:05:52,080 --> 00:05:56,000 Speaker 1: practically ten percent, especially when in the food sector. So 107 00:05:56,040 --> 00:05:59,440 Speaker 1: they had to raise interest rates quickly, and they raised 108 00:05:59,480 --> 00:06:03,200 Speaker 1: them quickly. Now what happens when you're when you're lending 109 00:06:03,240 --> 00:06:05,880 Speaker 1: money now right, you're the government and your treasury bills 110 00:06:06,200 --> 00:06:09,680 Speaker 1: are lending it a higher interest rate. Well, it means 111 00:06:09,720 --> 00:06:12,840 Speaker 1: the old treasury bills that you lent out years ago 112 00:06:13,360 --> 00:06:16,520 Speaker 1: for less than two percent not really worth very much, 113 00:06:16,520 --> 00:06:19,839 Speaker 1: are they. Now that's the thing, because if you have 114 00:06:19,920 --> 00:06:22,839 Speaker 1: a treasury bill that's getting less than two percent interest, 115 00:06:22,839 --> 00:06:24,120 Speaker 1: who are you going to sell that too? If you 116 00:06:24,120 --> 00:06:26,440 Speaker 1: have to liquidate it, nobody wants that. They're gonna want 117 00:06:26,440 --> 00:06:29,159 Speaker 1: it at a big discount, which means, you know, for 118 00:06:29,279 --> 00:06:32,560 Speaker 1: a Silicon Valley bank, the worth of these bonds on 119 00:06:32,560 --> 00:06:36,560 Speaker 1: the books wasn't anywhere near was much higher than what 120 00:06:36,680 --> 00:06:40,080 Speaker 1: it's worth in real life. Yeah. I also read the 121 00:06:40,120 --> 00:06:42,800 Speaker 1: same thing that thanks to the free money flow during 122 00:06:42,800 --> 00:06:45,560 Speaker 1: the pandemic. This bank was really drawing a lot of 123 00:06:45,640 --> 00:06:48,840 Speaker 1: venture capital money and that was making up of its 124 00:06:48,839 --> 00:06:51,160 Speaker 1: deposits and some of its investment because those guys were 125 00:06:51,160 --> 00:06:54,839 Speaker 1: barring at practically zero interest, right right. It was really 126 00:06:54,880 --> 00:06:59,360 Speaker 1: a great, great sign which is over now. Yeah, so 127 00:06:59,400 --> 00:07:02,720 Speaker 1: now that this gosh centering on whether or not you 128 00:07:02,720 --> 00:07:05,360 Speaker 1: know this is something more permanent that we're going to 129 00:07:05,480 --> 00:07:09,240 Speaker 1: cover everybody's deposits in the future for failing banks. But 130 00:07:09,279 --> 00:07:11,360 Speaker 1: they're saying no, And of course people are saying, well, 131 00:07:11,360 --> 00:07:13,160 Speaker 1: there still is a bailout. Well, it's a bailout for 132 00:07:13,200 --> 00:07:17,280 Speaker 1: the depositors, not really for Silicon Valley Bank. They're not 133 00:07:17,360 --> 00:07:19,640 Speaker 1: doing that. The bank is probably is going to be 134 00:07:19,680 --> 00:07:22,560 Speaker 1: auctioned off from what I understand, it's for the customers. Yeah, 135 00:07:22,560 --> 00:07:25,720 Speaker 1: all the executives have been fired. The stockholders get nothing 136 00:07:25,720 --> 00:07:27,679 Speaker 1: in the bondy. They fire them, because that's what Biden 137 00:07:27,720 --> 00:07:30,000 Speaker 1: called for this morning. I'll go to be fired. Yeah, 138 00:07:30,040 --> 00:07:32,760 Speaker 1: I assume. I assume there's a process. But yeah, they're 139 00:07:32,720 --> 00:07:35,160 Speaker 1: gonna be fired because they did a lot of stupid things. 140 00:07:35,200 --> 00:07:37,680 Speaker 1: If you read the details, it gets, you know, deep 141 00:07:37,680 --> 00:07:39,480 Speaker 1: in the weeds. You read the details of what they did. 142 00:07:39,480 --> 00:07:42,280 Speaker 1: They didn't didn't manage the whole thing properly. You know, 143 00:07:42,280 --> 00:07:45,360 Speaker 1: when the interest rates were going up to try to 144 00:07:45,440 --> 00:07:48,480 Speaker 1: combat inflation, they should have started to sell off all 145 00:07:48,480 --> 00:07:52,560 Speaker 1: the bonds they held right, much more quickly, and they 146 00:07:52,600 --> 00:07:55,320 Speaker 1: held on to them. And you know, there's there's a 147 00:07:55,320 --> 00:07:58,680 Speaker 1: lot of There's a major investor who's very famous in 148 00:07:58,720 --> 00:08:02,640 Speaker 1: his circles, Peter Thiel, and he told all his clients 149 00:08:02,640 --> 00:08:05,040 Speaker 1: it's like, get out of that bank. And that's what 150 00:08:05,240 --> 00:08:07,560 Speaker 1: started to run on Friday. And he's got a huge 151 00:08:07,560 --> 00:08:10,440 Speaker 1: social media following, and if he says something, he could 152 00:08:10,440 --> 00:08:12,920 Speaker 1: start a stampede, and he did. I mean, who heard 153 00:08:12,960 --> 00:08:15,240 Speaker 1: of this bank before Friday's news, right, I mean we're 154 00:08:15,280 --> 00:08:17,120 Speaker 1: all aware of the major major banks. But I'm like, 155 00:08:17,160 --> 00:08:20,400 Speaker 1: I heard SVB senecon Valley Bank. I'm like, what is that? 156 00:08:20,480 --> 00:08:22,640 Speaker 1: And I was asking people I know who at investments. 157 00:08:22,640 --> 00:08:24,160 Speaker 1: They said, well, yeah, it's big, but it's not like 158 00:08:24,160 --> 00:08:26,040 Speaker 1: the one of the biggest bank. It's not Chase or anything, 159 00:08:26,160 --> 00:08:28,960 Speaker 1: but it's it's it's a regional bank just for the 160 00:08:28,960 --> 00:08:31,280 Speaker 1: tech industry. Right. I never heard a signature bank either 161 00:08:31,400 --> 00:08:33,679 Speaker 1: until this morning. They had some offices here there's one 162 00:08:33,679 --> 00:08:38,520 Speaker 1: in Beverly Hills. Now signature. Oh now, all right, we 163 00:08:38,600 --> 00:08:41,360 Speaker 1: got more coming up. Johnny Ken kf I AM six forty. 164 00:08:41,360 --> 00:08:44,960 Speaker 1: We're live everywhere the iHeartRadio app. You're listening to John 165 00:08:44,960 --> 00:08:48,640 Speaker 1: and Ken on demand from kf I AM six forty. 166 00:08:50,160 --> 00:08:53,720 Speaker 1: All right, Old Joe came out this morning, as I mentioned, 167 00:08:53,720 --> 00:08:58,440 Speaker 1: and gave a short speech about these bank failures. He's well, 168 00:08:58,440 --> 00:09:01,679 Speaker 1: he's coming in southern California and he's going to start 169 00:09:01,720 --> 00:09:05,280 Speaker 1: in San Diego. I've forgotten about this story. He's meeting 170 00:09:05,320 --> 00:09:07,840 Speaker 1: with the Prime Minister of the United Kingdom and the 171 00:09:07,880 --> 00:09:12,400 Speaker 1: Australian Prime Minister. That was that Australia United Kingdom United 172 00:09:12,400 --> 00:09:17,439 Speaker 1: States deal, the Nuclear Submarine Partnership that they call Aucus. 173 00:09:18,240 --> 00:09:25,079 Speaker 1: Australia can access nuclear powered submarines, and that created some controversy. 174 00:09:25,120 --> 00:09:26,640 Speaker 1: I think it was it was a China or some 175 00:09:26,720 --> 00:09:28,920 Speaker 1: other country got really upset over it because they felt 176 00:09:28,920 --> 00:09:32,880 Speaker 1: like they got stepped in front of France. It was France. 177 00:09:33,559 --> 00:09:36,200 Speaker 1: France had made a deal that we had to pull 178 00:09:36,240 --> 00:09:41,240 Speaker 1: out of. Oh okay, I think yeah. So he then 179 00:09:41,360 --> 00:09:47,120 Speaker 1: comes to Los Angeles tomorrow, where actually he'll be in 180 00:09:47,200 --> 00:09:53,160 Speaker 1: Monterey Park to talk about reducing gun violence, a story 181 00:09:53,200 --> 00:09:56,720 Speaker 1: that is now about two months old. And I don't 182 00:09:57,760 --> 00:09:59,959 Speaker 1: think any of this. Clearly he's going to be pepper 183 00:10:00,280 --> 00:10:03,640 Speaker 1: by reporters with questions about the banks, probably whatever the 184 00:10:03,679 --> 00:10:05,839 Speaker 1: hottest news story is. I mean, he scheduled these trips 185 00:10:05,840 --> 00:10:08,920 Speaker 1: and then that the news kind of takes over. Nobody 186 00:10:08,960 --> 00:10:12,760 Speaker 1: wants to hear him prattling about gun control. Oh my god, 187 00:10:13,040 --> 00:10:18,200 Speaker 1: I just stop. Stop, that's never happening. And then of 188 00:10:18,200 --> 00:10:21,600 Speaker 1: course there's a fundraiser. Yeah, he's coming to my house 189 00:10:21,600 --> 00:10:25,280 Speaker 1: to take a nap. Is he really? Yeah? Yeah, we're 190 00:10:25,840 --> 00:10:28,120 Speaker 1: pretty much right. You're close to or a lot of 191 00:10:28,160 --> 00:10:31,000 Speaker 1: the activities were along the way of the fundraisers. So 192 00:10:31,080 --> 00:10:32,560 Speaker 1: we got it. We got a room in the basement. 193 00:10:32,600 --> 00:10:34,960 Speaker 1: He's gonna, oh, that's very nice of him, take about 194 00:10:35,000 --> 00:10:37,600 Speaker 1: a three and a half hour nap to recharge. The 195 00:10:37,640 --> 00:10:41,240 Speaker 1: other story that came down late last week, well we 196 00:10:41,280 --> 00:10:43,439 Speaker 1: don't know where it's gonna end up, but it's not 197 00:10:44,040 --> 00:10:47,800 Speaker 1: particularly good news. Um. The leader of the Democrats in 198 00:10:47,840 --> 00:10:51,560 Speaker 1: the US Senate, Chuck Schumer from New York, says that 199 00:10:51,720 --> 00:10:55,920 Speaker 1: sometime this week or next week, the full Senate will 200 00:10:56,000 --> 00:11:01,080 Speaker 1: vote on yoga pants. Uh, there will he says, Now, 201 00:11:01,280 --> 00:11:03,679 Speaker 1: you and I both agree, and this is how it 202 00:11:03,720 --> 00:11:06,800 Speaker 1: works in politics. He's not gonna actually hold a vote 203 00:11:06,840 --> 00:11:11,119 Speaker 1: unless he's confident that he has enough votes for Garsetti 204 00:11:11,200 --> 00:11:15,719 Speaker 1: to be approved as the next ambassador to Indeed, this 205 00:11:15,840 --> 00:11:18,480 Speaker 1: is going to push all the fence centers to take 206 00:11:18,520 --> 00:11:21,839 Speaker 1: a stand, and they're gonna have to tell Schumer beforehand 207 00:11:21,840 --> 00:11:24,439 Speaker 1: which way they're going, and if he doesn't have enough, 208 00:11:24,520 --> 00:11:26,560 Speaker 1: then he'll pull the vote and come up with some 209 00:11:27,360 --> 00:11:30,000 Speaker 1: cover story that nobody believes, right, because you can't keep 210 00:11:30,040 --> 00:11:32,440 Speaker 1: going out there and calling for votes. They don't want 211 00:11:32,480 --> 00:11:34,680 Speaker 1: to do it when you're confident it's gonna work, or 212 00:11:34,720 --> 00:11:37,560 Speaker 1: otherwise you wait and you continue to lobby people, which 213 00:11:37,600 --> 00:11:39,720 Speaker 1: is what Garsetti has been doing now, Chum for what 214 00:11:39,800 --> 00:11:43,640 Speaker 1: seems like two years. Well, Schumer cannot embarrass Biden. The 215 00:11:43,920 --> 00:11:48,559 Speaker 1: terrible embarrassment if a president doesn't get his nominee from 216 00:11:49,000 --> 00:11:52,360 Speaker 1: a Senate run by his own party, right, So I'm 217 00:11:52,440 --> 00:11:55,480 Speaker 1: not going to They don't care about Garsetti, you know, 218 00:11:55,520 --> 00:11:59,760 Speaker 1: he's just another parasite. It's Biden that they're going to protect. Right. 219 00:12:00,080 --> 00:12:02,360 Speaker 1: So if you hear there's absolutely a vote coming on, 220 00:12:02,520 --> 00:12:04,880 Speaker 1: it means they twisted enough arms to get it going. 221 00:12:05,480 --> 00:12:07,840 Speaker 1: And I but do we know if Feinstein and Fetterman 222 00:12:07,920 --> 00:12:10,400 Speaker 1: will be actually back in their voting yet or how 223 00:12:10,520 --> 00:12:13,440 Speaker 1: she doing their shingles? Do we have I don't really know. 224 00:12:13,480 --> 00:12:15,320 Speaker 1: She's out of the hospital. Yeah, I don't think either 225 00:12:15,320 --> 00:12:18,520 Speaker 1: one is going to be there. If that's two Democrats, 226 00:12:18,520 --> 00:12:21,480 Speaker 1: so right, I would wait then, Well, that that brings 227 00:12:21,480 --> 00:12:23,760 Speaker 1: it down to forty nine. Forty nine with Kamela Harris 228 00:12:23,840 --> 00:12:26,560 Speaker 1: is the tie breaking vote, Yeah, it means they have. 229 00:12:26,720 --> 00:12:30,440 Speaker 1: But he might have a couple of Republicans on his side. 230 00:12:30,960 --> 00:12:33,280 Speaker 1: He does because to a couple of them voted to 231 00:12:33,280 --> 00:12:36,959 Speaker 1: put his nomination out of committee until the full Senate floor. 232 00:12:37,520 --> 00:12:40,560 Speaker 1: Two Republicans but agreed to do that, So so it's 233 00:12:40,640 --> 00:12:44,120 Speaker 1: likely that they would also vote for him fumination. You 234 00:12:44,120 --> 00:12:48,160 Speaker 1: can officially declare the me too era over if if 235 00:12:48,160 --> 00:12:52,280 Speaker 1: he gets approved as ambassador, then it was all just 236 00:12:53,040 --> 00:12:56,080 Speaker 1: bs to jump out a trend. Yeah, who are these guys? 237 00:12:56,160 --> 00:12:59,040 Speaker 1: Todd Young of Indiana and Bill Haggerty of Tennessee. As 238 00:12:59,120 --> 00:13:02,360 Speaker 1: much as you complain that there's too much partisanship and 239 00:13:02,400 --> 00:13:04,760 Speaker 1: people just vote along party lines, why were these two 240 00:13:04,760 --> 00:13:10,439 Speaker 1: Republican hacks supporting garcetire you, I don't know. I mean, normally, 241 00:13:10,480 --> 00:13:13,319 Speaker 1: the gut instinct is just say, oh, we're not gonna wait. 242 00:13:13,520 --> 00:13:15,439 Speaker 1: I gotta hold this up. They did this to Trump. 243 00:13:15,440 --> 00:13:16,960 Speaker 1: They do this all the time. They just sit there 244 00:13:17,000 --> 00:13:20,600 Speaker 1: and sit on the Indian ambassadors. That important. It's not 245 00:13:20,679 --> 00:13:24,480 Speaker 1: anybody name the last ten Indian ambassadors. Oh no, it's 246 00:13:24,480 --> 00:13:26,600 Speaker 1: not important. It's only important that we stop him because 247 00:13:26,600 --> 00:13:29,720 Speaker 1: we want to make him embarrassed. Right yeah, Oh you 248 00:13:29,720 --> 00:13:31,760 Speaker 1: mean to these two guys who don't I don't think 249 00:13:31,760 --> 00:13:34,440 Speaker 1: about La or Garcetti or care about the politics and 250 00:13:34,480 --> 00:13:38,320 Speaker 1: the nasse of this man and his yoga pants and 251 00:13:38,480 --> 00:13:40,719 Speaker 1: his it's the Democrats have to care because they're they're 252 00:13:40,760 --> 00:13:44,319 Speaker 1: they hypocrites about me too. Nonsense. They're the ones who 253 00:13:44,320 --> 00:13:47,960 Speaker 1: are preaching and scolding. The Republicans don't do much of that. 254 00:13:48,920 --> 00:13:52,480 Speaker 1: Must go back to into a corner. Now, Oh we're 255 00:13:52,480 --> 00:13:54,600 Speaker 1: gonna get I mean, if he gets approving all these 256 00:13:54,640 --> 00:13:57,560 Speaker 1: speeches about Oh yeah, I always was confident and I 257 00:13:57,600 --> 00:14:00,720 Speaker 1: really just put my head down and focus start getting 258 00:14:00,720 --> 00:14:04,440 Speaker 1: this nomination through. And I'm proud of people that voted 259 00:14:04,480 --> 00:14:06,280 Speaker 1: for me. I'm ready to do the job. It's a 260 00:14:06,320 --> 00:14:09,040 Speaker 1: good litmus test, and you know, sexual harassment at work 261 00:14:09,120 --> 00:14:12,800 Speaker 1: doesn't matter anymore. Yeah, you're right now, that crowd it 262 00:14:12,880 --> 00:14:15,120 Speaker 1: looked like phonies, don't they because yet, right, because if 263 00:14:15,160 --> 00:14:18,520 Speaker 1: you don't put Garcetti away over this, then all right, 264 00:14:18,559 --> 00:14:21,120 Speaker 1: why should anybody else have to deal with that kind 265 00:14:21,160 --> 00:14:23,600 Speaker 1: of issue? No, it's the new new. We got to 266 00:14:23,720 --> 00:14:26,080 Speaker 1: a woman that's about to become the United States Labor 267 00:14:26,160 --> 00:14:29,000 Speaker 1: Secretary who handed out over thirty billion dollars in fraud 268 00:14:29,040 --> 00:14:31,720 Speaker 1: money when she was running the Employment Development Department. Here's 269 00:14:31,960 --> 00:14:36,840 Speaker 1: nothing matters anymore. Oh, a promotion for the most incompetent, right, Well, 270 00:14:36,840 --> 00:14:39,200 Speaker 1: they're rewarded now because of what they do for the party. Yes, 271 00:14:39,520 --> 00:14:41,600 Speaker 1: Americans are more onto this than they used to be. 272 00:14:41,640 --> 00:14:43,800 Speaker 1: But it is all about our side and the party. 273 00:14:44,040 --> 00:14:48,040 Speaker 1: Garcetti was one of the stupid chairman of Biden's campaign. 274 00:14:48,440 --> 00:14:51,080 Speaker 1: This is his reward, you know. Four years later he 275 00:14:52,000 --> 00:14:56,600 Speaker 1: bundled a lot of money from rich Democrats in Los Angeles, 276 00:14:56,640 --> 00:14:58,320 Speaker 1: That's what he did, and he got to be co 277 00:14:58,480 --> 00:15:03,040 Speaker 1: chairman of the campaign. And that's that's that's the reward. 278 00:15:03,160 --> 00:15:07,000 Speaker 1: You give the reward, you know, to your political buddies 279 00:15:07,160 --> 00:15:09,400 Speaker 1: or to people who raised money for you, and that's 280 00:15:09,440 --> 00:15:10,840 Speaker 1: how you get to be an ambassador and then you 281 00:15:10,840 --> 00:15:16,360 Speaker 1: sit around and drink for four years. The Times of 282 00:15:16,400 --> 00:15:19,720 Speaker 1: India put out a story right after this news came 283 00:15:19,760 --> 00:15:21,360 Speaker 1: out last week that they're probably going to vote on 284 00:15:21,440 --> 00:15:24,120 Speaker 1: his nomination, and they did like a here's all you 285 00:15:24,160 --> 00:15:27,080 Speaker 1: need to know about Eric Garcetti, beginning with he was 286 00:15:27,160 --> 00:15:30,200 Speaker 1: born February nineteen seventy one in Los Angeles, a member 287 00:15:30,240 --> 00:15:32,720 Speaker 1: of the Democrat Party and first elected in twenty thirteen 288 00:15:32,760 --> 00:15:35,880 Speaker 1: as mayor, re elected in twenty seventeen. But then you 289 00:15:36,000 --> 00:15:40,280 Speaker 1: scroll down and it really gets ridiculous. Elected as the 290 00:15:40,280 --> 00:15:43,000 Speaker 1: youngest mayor in over one hundred years forty two at 291 00:15:43,040 --> 00:15:46,080 Speaker 1: the time is as inauguration, the first elected Jewish mayor 292 00:15:46,120 --> 00:15:49,720 Speaker 1: and the second consecutive Mexican American mayor. Gee, I don't 293 00:15:49,760 --> 00:15:54,800 Speaker 1: know that when people saw Garcetti, if they picked all that. Yeah, 294 00:15:54,840 --> 00:15:57,000 Speaker 1: his name sounds Italian and that's about where it being. 295 00:15:57,040 --> 00:15:58,520 Speaker 1: He looks like a white guy. That's where it begins 296 00:15:58,560 --> 00:16:02,720 Speaker 1: at ends. Definitely doesn't look Mexican. Oh god, it doesn't 297 00:16:02,760 --> 00:16:06,280 Speaker 1: seem I mean, it doesn't seem anything. Really. The emphasis 298 00:16:06,320 --> 00:16:09,560 Speaker 1: on ethnicity is just so overwhelming now it's hard to 299 00:16:09,600 --> 00:16:12,680 Speaker 1: even work up anger over it, because it's just you're 300 00:16:12,760 --> 00:16:16,360 Speaker 1: pummeled with it. I know anything in the article about 301 00:16:16,400 --> 00:16:18,920 Speaker 1: what a massive failure he was, Oh no, it's all 302 00:16:18,960 --> 00:16:22,080 Speaker 1: about it. His endorsements one odd one here, a vocal 303 00:16:22,120 --> 00:16:27,280 Speaker 1: opponent of the Yes California secessionist movement. I don't remember 304 00:16:27,320 --> 00:16:29,600 Speaker 1: him being a Is that what those counties wanted to 305 00:16:29,640 --> 00:16:31,160 Speaker 1: get out of the state? Is that what that's about. 306 00:16:31,280 --> 00:16:33,600 Speaker 1: I guess the guy who wrote it probably lives in 307 00:16:33,600 --> 00:16:36,000 Speaker 1: New Delhi and he has no idea what's going on here. Yeah, 308 00:16:36,120 --> 00:16:38,040 Speaker 1: he did a Google search and some of these topics 309 00:16:38,080 --> 00:16:41,720 Speaker 1: bounced out. I don't I don't even know what that is. Yeah, 310 00:16:41,760 --> 00:16:43,960 Speaker 1: the only thing. Finally, at the end, they mentioned Garcetti 311 00:16:44,200 --> 00:16:47,760 Speaker 1: has faced controversy over his handing of a sex misconduct scandal, 312 00:16:48,280 --> 00:16:51,080 Speaker 1: of the misconducts an I soft word, and involving his 313 00:16:51,200 --> 00:16:54,320 Speaker 1: top advisor, Rick Jacobs, which has led to his nomination 314 00:16:54,360 --> 00:16:58,000 Speaker 1: being held by some senators. That's how they expressed it, 315 00:16:58,120 --> 00:17:02,840 Speaker 1: being held by some senator. City is a disaster. Even 316 00:17:02,920 --> 00:17:07,640 Speaker 1: the Democrats who are still have are still in office. Here, 317 00:17:08,000 --> 00:17:11,920 Speaker 1: you see how they tiptoe around the disaster. Garcita left 318 00:17:11,920 --> 00:17:15,680 Speaker 1: behind and I wonder, why is it that nobody wants 319 00:17:15,720 --> 00:17:18,399 Speaker 1: to come out, somebody, somebody a prominence, somebody with a 320 00:17:18,440 --> 00:17:21,840 Speaker 1: real position, come out and say that he was the 321 00:17:21,880 --> 00:17:27,080 Speaker 1: worst mayor LA ever had. I listening to like Karen 322 00:17:27,200 --> 00:17:30,280 Speaker 1: Bass talk about you know the challengers we have. Why 323 00:17:30,280 --> 00:17:34,320 Speaker 1: do you have those challenges? Because you had a moron 324 00:17:34,920 --> 00:17:37,119 Speaker 1: acting as mayor for the last nine and a half years. 325 00:17:37,160 --> 00:17:39,399 Speaker 1: That's how we ended up with forty thousand bodies in 326 00:17:39,440 --> 00:17:43,360 Speaker 1: the street. Yeah, well Prop forty seven wasn't in his control. 327 00:17:43,480 --> 00:17:45,639 Speaker 1: Of course, that was a big contributor. But he did nothing. 328 00:17:45,720 --> 00:17:47,880 Speaker 1: That's the key point. You know. When I first learned 329 00:17:47,880 --> 00:17:49,800 Speaker 1: this too, Remember back when we were doing all the 330 00:17:49,840 --> 00:17:52,159 Speaker 1: garbage stories there were garbage of ten. Four was doing 331 00:17:52,200 --> 00:17:55,240 Speaker 1: these great reports on just trash everywhere, and I thought, 332 00:17:55,400 --> 00:17:57,560 Speaker 1: this looks like an easy one and he's doing nothing. 333 00:17:58,119 --> 00:18:00,200 Speaker 1: He's acting like he doesn't even know what's happened. And 334 00:18:00,200 --> 00:18:02,200 Speaker 1: then we had the rats and city Hall, we had 335 00:18:02,600 --> 00:18:06,040 Speaker 1: the fleas that had played that's right, and all of that. 336 00:18:06,080 --> 00:18:08,679 Speaker 1: It was like he just all the crime, the smash 337 00:18:08,720 --> 00:18:11,880 Speaker 1: and grab robberies that I came a couple of years later, 338 00:18:12,040 --> 00:18:14,560 Speaker 1: poor girl who got stabbed to death, at the furniture store. 339 00:18:14,720 --> 00:18:16,840 Speaker 1: And the only thing when I think of Garcetti and 340 00:18:16,880 --> 00:18:19,359 Speaker 1: the police, all I think is him taking the knee 341 00:18:19,480 --> 00:18:22,600 Speaker 1: during the George Floyd protests. Right, that's all he did, 342 00:18:23,160 --> 00:18:25,520 Speaker 1: just cut the legs out from under lapd. That that 343 00:18:25,600 --> 00:18:28,120 Speaker 1: was his big contribution. I mean, he was my god. 344 00:18:28,200 --> 00:18:31,399 Speaker 1: He was like a toxic disaster. And now nobody, nobody 345 00:18:31,400 --> 00:18:35,680 Speaker 1: speaks of him. Everybody pretends that whatever massive problems La has, uh, 346 00:18:35,720 --> 00:18:39,000 Speaker 1: they just happened. It just occurred. Well, now India can 347 00:18:39,040 --> 00:18:41,399 Speaker 1: have him. Maybe. Yeah, we're coming up Johnny kN k 348 00:18:41,640 --> 00:18:44,240 Speaker 1: I AM sixty forty. We're live everywhere the iHeart Radio app. 349 00:18:45,280 --> 00:18:48,480 Speaker 1: You're listening to John and Ken on demand from kf 350 00:18:48,600 --> 00:18:52,640 Speaker 1: I Am sixty. We're on for one to four every 351 00:18:52,720 --> 00:18:56,240 Speaker 1: day after four o'clock you could hear the podcast, same 352 00:18:56,320 --> 00:18:59,920 Speaker 1: show podcast for him, the iHeart Radio app John and 353 00:19:00,119 --> 00:19:03,440 Speaker 1: on demand. Yeah, oh wait, I'm taking a quiz. Do 354 00:19:03,520 --> 00:19:06,480 Speaker 1: you know the symptoms of IBS hyphen D which stands 355 00:19:06,560 --> 00:19:11,240 Speaker 1: for irritable bowe syndrome with diarrhea. Should take the test 356 00:19:11,320 --> 00:19:15,560 Speaker 1: and see if I have a find out about your gut. 357 00:19:17,240 --> 00:19:21,600 Speaker 1: I guess yeah. We will talk about the situation with 358 00:19:21,720 --> 00:19:25,200 Speaker 1: the banks running into some problems. Silicon Valley Bank and 359 00:19:25,280 --> 00:19:28,760 Speaker 1: of course Signature Bank was the one announced yesterday. We'll 360 00:19:28,800 --> 00:19:31,879 Speaker 1: be talking to Alex Stone ABC News for CAFI all 361 00:19:31,960 --> 00:19:35,120 Speaker 1: right after the news at two o'clock for the latest. Hey, 362 00:19:35,200 --> 00:19:39,000 Speaker 1: you know, not long after the Chinese had those balloons 363 00:19:39,040 --> 00:19:43,440 Speaker 1: flying over the US. Yeah, guess what happened? Space junk 364 00:19:43,520 --> 00:19:47,480 Speaker 1: hit Texas. Yep, a four ton piece of Chinese space 365 00:19:47,600 --> 00:19:52,000 Speaker 1: junk apparently made free fall to Earth last week and 366 00:19:52,160 --> 00:19:55,080 Speaker 1: disintegrated eventually over Texas. So I don't think anybody got 367 00:19:55,160 --> 00:19:58,760 Speaker 1: hit on the ground. So again saying that they don't 368 00:19:58,840 --> 00:20:01,800 Speaker 1: take care of their space rockets, another cheap made in 369 00:20:01,920 --> 00:20:06,320 Speaker 1: China product like the vaccines. Yeah, there you go. So 370 00:20:06,520 --> 00:20:09,320 Speaker 1: one day, if you're walking along and something weird drops 371 00:20:09,320 --> 00:20:11,040 Speaker 1: out of the sky and almost kills it, could they 372 00:20:11,480 --> 00:20:15,520 Speaker 1: Chinese space junk? Was it the spy equipment? No, they 373 00:20:15,560 --> 00:20:20,159 Speaker 1: said it was a rocket. Well well yeah, alright, so, 374 00:20:20,560 --> 00:20:23,080 Speaker 1: oh you're right, the remnants of a Chinese rocket that 375 00:20:23,160 --> 00:20:26,399 Speaker 1: delivered a trio of military spy satellites. Yeah, look at 376 00:20:26,440 --> 00:20:29,119 Speaker 1: that up. And they launched them in June and they 377 00:20:29,200 --> 00:20:32,320 Speaker 1: disintegrated on March eighth over Texas. How many pictures do 378 00:20:32,440 --> 00:20:36,240 Speaker 1: they need of us? I mean, what is it they're 379 00:20:36,280 --> 00:20:40,840 Speaker 1: looking for? They want to be the dominant world power period, 380 00:20:40,960 --> 00:20:43,720 Speaker 1: So are they mapping out our entire country? Didn't Google 381 00:20:43,760 --> 00:20:46,560 Speaker 1: already do that? I have no question now. And I 382 00:20:46,680 --> 00:20:50,320 Speaker 1: think that president just got another term President g Yeah, 383 00:20:50,359 --> 00:20:53,360 Speaker 1: he's pretty much a dictator now. Yeah, And I think 384 00:20:53,440 --> 00:20:57,160 Speaker 1: that as their plans, it's military, economic domination, it's everything 385 00:20:57,480 --> 00:21:00,080 Speaker 1: they're looking for. So yeah, And if you want to 386 00:21:00,160 --> 00:21:03,080 Speaker 1: be dominant in those era eras, those areas, you have 387 00:21:03,200 --> 00:21:04,680 Speaker 1: to spy them the people, see what they're up to, 388 00:21:05,040 --> 00:21:07,119 Speaker 1: see what you can gather from that. Yeah, And then 389 00:21:07,200 --> 00:21:10,359 Speaker 1: you have to leak a deadly virus and kill millions 390 00:21:10,400 --> 00:21:13,680 Speaker 1: of people. That's right, they're working on another one, aren't they. Yeah, 391 00:21:13,680 --> 00:21:16,040 Speaker 1: and then send them a deadly drug to kill all 392 00:21:16,080 --> 00:21:21,399 Speaker 1: the teenagers off. So far, so good. You're probably aware 393 00:21:21,440 --> 00:21:25,800 Speaker 1: by now that it's going to rain again in southern 394 00:21:25,920 --> 00:21:31,159 Speaker 1: California tomorrow. The draft has been so terrible, it's been 395 00:21:31,240 --> 00:21:34,600 Speaker 1: so many years, hardly hardly a drop. This is good 396 00:21:34,640 --> 00:21:37,320 Speaker 1: for us. And this is all part of Lannina. Remember 397 00:21:37,440 --> 00:21:39,800 Speaker 1: that was the official prediction. This is a Lannina winter, 398 00:21:40,160 --> 00:21:43,440 Speaker 1: which seems to be dryer. But they're declaring Lannina over 399 00:21:45,960 --> 00:21:48,960 Speaker 1: No I'm not. I'm serious. We were ever in Ladenia. 400 00:21:49,080 --> 00:21:51,720 Speaker 1: We were we were in Lannina. It was a wet 401 00:21:51,800 --> 00:21:54,320 Speaker 1: How could we be in la It's a wet Landina, 402 00:21:54,400 --> 00:21:56,040 Speaker 1: which is kind of the opposite of what it's supposed 403 00:21:56,080 --> 00:21:58,240 Speaker 1: to be. And then we are must to be a cooler, 404 00:21:58,359 --> 00:22:02,479 Speaker 1: dryer winter. We're now in a neutral state. We are cooler. Though, 405 00:22:02,640 --> 00:22:05,520 Speaker 1: was a cooler winter? I thought, oh it was cold? Yeah, yeah, 406 00:22:06,400 --> 00:22:09,000 Speaker 1: it was one of the coldest I remember. Why don't 407 00:22:09,000 --> 00:22:11,280 Speaker 1: we just tune those people out at least and then 408 00:22:11,359 --> 00:22:15,320 Speaker 1: and then El Nino is coming later this year. Yes, 409 00:22:15,400 --> 00:22:17,080 Speaker 1: I don't know. That means we're going to go back 410 00:22:17,119 --> 00:22:22,240 Speaker 1: in the drought. Yeah, just just a figure. It's going 411 00:22:22,320 --> 00:22:25,040 Speaker 1: to be the reverse of the prediction. I mean, this 412 00:22:25,240 --> 00:22:28,000 Speaker 1: really grabbed my eyes this morning. Fifty two feet and 413 00:22:28,119 --> 00:22:32,800 Speaker 1: counting Lake Tahoe grapples with a ginormous snow pad. Fifty 414 00:22:32,880 --> 00:22:37,920 Speaker 1: two feet two feet. Fifty two feet of snow has 415 00:22:37,960 --> 00:22:40,399 Speaker 1: been measured up in Tahoe, so that would be what 416 00:22:41,640 --> 00:22:47,560 Speaker 1: five hundred and some odd inches. The picture the snow 417 00:22:47,640 --> 00:22:52,200 Speaker 1: on top of the people's roofs, which they're thankfully elapsing. 418 00:22:52,280 --> 00:22:55,560 Speaker 1: But but now I think, from what I understand, just 419 00:22:55,720 --> 00:22:58,479 Speaker 1: to be really uh wild about this, if this were 420 00:22:58,520 --> 00:23:00,560 Speaker 1: all the milk quickly, I think the entire state would 421 00:23:00,600 --> 00:23:04,879 Speaker 1: go into water, and then we look at the supply 422 00:23:05,040 --> 00:23:08,720 Speaker 1: we would have. Right, well, they should be digging ditches 423 00:23:08,800 --> 00:23:11,960 Speaker 1: now to collect all this runoff. To be specific, this 424 00:23:12,119 --> 00:23:14,640 Speaker 1: was fifty two feet of snow at the UC Berkeley 425 00:23:14,920 --> 00:23:18,600 Speaker 1: Central Sierra Snow Lab. Oh, it's a top donor summit, 426 00:23:19,200 --> 00:23:22,160 Speaker 1: and it ties the nineteen eighty one nineteen eighty two 427 00:23:22,240 --> 00:23:25,080 Speaker 1: season for the fourth highest total since the lab was 428 00:23:25,200 --> 00:23:28,359 Speaker 1: created in nineteen forty six. Although you and I like 429 00:23:28,440 --> 00:23:30,600 Speaker 1: to say, nineteen forty six is that really that long 430 00:23:30,640 --> 00:23:32,040 Speaker 1: ago when you look at the history of weather, No, 431 00:23:32,160 --> 00:23:36,040 Speaker 1: it is not so. No, it's what seventy five years. 432 00:23:36,520 --> 00:23:38,720 Speaker 1: They think this season's going to end up second only 433 00:23:38,800 --> 00:23:41,440 Speaker 1: to the nineteen fifty one fifty two winter season win 434 00:23:41,560 --> 00:23:45,080 Speaker 1: eight hundred and twelve inches sixty eight feet now of 435 00:23:45,240 --> 00:23:49,879 Speaker 1: snow fell. This shuts down, obviously all the drought. No 436 00:23:50,040 --> 00:23:54,399 Speaker 1: it doesn't, but it is behind declaring it. And also 437 00:23:54,720 --> 00:23:57,760 Speaker 1: this is the answer to anybody who says, well, you know, 438 00:23:57,840 --> 00:24:01,280 Speaker 1: we really don't we really need more rain. You should 439 00:24:01,280 --> 00:24:04,280 Speaker 1: have saved all the snow and rain from this past winter. 440 00:24:04,840 --> 00:24:08,960 Speaker 1: You should have built storage systems whatever it takes, and 441 00:24:09,240 --> 00:24:11,440 Speaker 1: collected all this and then we wouldn't have to worry 442 00:24:11,480 --> 00:24:14,840 Speaker 1: for twenty years whether it rains or not. This is 443 00:24:14,880 --> 00:24:17,560 Speaker 1: on the stupid government. This was your big chance. One 444 00:24:17,600 --> 00:24:19,879 Speaker 1: of the reasons we hear that there is still a 445 00:24:20,000 --> 00:24:22,960 Speaker 1: drought is because of the groundwater problem. But there we 446 00:24:23,119 --> 00:24:26,960 Speaker 1: just found out there's a story that the Water Resources 447 00:24:27,040 --> 00:24:30,520 Speaker 1: Control Board is apparently endorsing a plan to take some 448 00:24:30,640 --> 00:24:34,159 Speaker 1: of the floodwaters and send them to the agricultural areas 449 00:24:34,200 --> 00:24:37,720 Speaker 1: to replenish the groundwater. That's right, stick a pipe down 450 00:24:37,800 --> 00:24:40,920 Speaker 1: there that whatever you have to do, so the next 451 00:24:41,000 --> 00:24:43,960 Speaker 1: time we run out of rain for a while, the 452 00:24:44,119 --> 00:24:48,119 Speaker 1: farmers aren't digging so deep as the ground's collapsing looking 453 00:24:48,280 --> 00:24:51,080 Speaker 1: for groundwater for their crops or whatever they need. There, 454 00:24:51,160 --> 00:24:53,560 Speaker 1: shouldn't it naturally get into the ground. We do. We 455 00:24:53,600 --> 00:24:57,320 Speaker 1: actually have to direct it well, because they didn't get 456 00:24:57,480 --> 00:24:59,320 Speaker 1: I don't think as much rain as some other parts 457 00:24:59,359 --> 00:25:03,240 Speaker 1: of the state I see, So that's nice. It doesn't 458 00:25:03,280 --> 00:25:06,040 Speaker 1: fall equally well ahead, then again, dig a hole and 459 00:25:06,240 --> 00:25:12,240 Speaker 1: because the groundwater was so so completely dreads from there 460 00:25:13,640 --> 00:25:15,760 Speaker 1: that they need a lot more. Even if it rained there, 461 00:25:15,840 --> 00:25:18,679 Speaker 1: they need a lot more water to replenish the groundwater supply. 462 00:25:18,880 --> 00:25:22,359 Speaker 1: So I just I'm just fascinating how everyone, especially in 463 00:25:22,480 --> 00:25:26,480 Speaker 1: these media heads, are constantly surprised that the Earth doesn't 464 00:25:26,520 --> 00:25:30,080 Speaker 1: supply us with exactly the right amount of weather at 465 00:25:30,119 --> 00:25:33,120 Speaker 1: all times. You know, they keep acting like, oh my god, 466 00:25:33,200 --> 00:25:36,040 Speaker 1: can you believe this, Oh it's another emergency, it's another crisis. 467 00:25:36,359 --> 00:25:38,920 Speaker 1: You know, it's the Earth doing whatever the Earth does. 468 00:25:39,720 --> 00:25:42,760 Speaker 1: And nature doesn't know that we need X amount of 469 00:25:42,840 --> 00:25:46,800 Speaker 1: water to grow our falfa plants right, or that you know, 470 00:25:47,000 --> 00:25:49,160 Speaker 1: it's a little too hot this year and we don't 471 00:25:49,160 --> 00:25:52,000 Speaker 1: have enough electricity for the air conditioning. You know that 472 00:25:52,119 --> 00:25:54,359 Speaker 1: the cycle up there just goes on and on. Nobody 473 00:25:54,400 --> 00:25:56,159 Speaker 1: knows how it works, and he really don't know how 474 00:25:56,200 --> 00:25:59,240 Speaker 1: it works, like you know, the wrong Lnenia prediction we 475 00:25:59,359 --> 00:26:02,720 Speaker 1: had this year. Don't know how anything works. They pretend to. 476 00:26:02,920 --> 00:26:06,720 Speaker 1: They give themselves degrees, they give themselves titles at their 477 00:26:06,760 --> 00:26:09,760 Speaker 1: climate research centers, but they have no idea and they're 478 00:26:09,800 --> 00:26:13,520 Speaker 1: consistently wrong. It's fascinating how wrong all the exit we 479 00:26:13,600 --> 00:26:15,920 Speaker 1: have such a huge expert class in this country, and 480 00:26:16,160 --> 00:26:19,200 Speaker 1: they don't know crap, and they're always making predictions and 481 00:26:19,240 --> 00:26:21,840 Speaker 1: they're always wrong. And then they get all they puff 482 00:26:21,920 --> 00:26:23,720 Speaker 1: their chests and they get arrogant and they make another 483 00:26:23,760 --> 00:26:27,120 Speaker 1: wrong prediction. Now, the earth is not designed to meet 484 00:26:27,160 --> 00:26:29,480 Speaker 1: our needs, you know, three hundred and sixty five days 485 00:26:29,480 --> 00:26:32,880 Speaker 1: a year. You gotta roll with it. One other note 486 00:26:32,920 --> 00:26:35,959 Speaker 1: about the farmers is some areas of the state, obviously, 487 00:26:36,000 --> 00:26:38,520 Speaker 1: as we mentioned, have gotten a lot of snow. So 488 00:26:38,720 --> 00:26:42,399 Speaker 1: apparently there's so much snow on the ground the cattle 489 00:26:42,920 --> 00:26:44,960 Speaker 1: can't find any of the grass to eat. So they're 490 00:26:45,000 --> 00:26:50,240 Speaker 1: doing emergency hay drops, helicopters flying a red and dropping 491 00:26:50,440 --> 00:26:53,920 Speaker 1: bales of hay for the cattle to eat. Farmers have 492 00:26:54,040 --> 00:26:56,680 Speaker 1: been crying for this because some of them are out 493 00:26:56,720 --> 00:27:00,200 Speaker 1: there stranded and starving because some of these ran just 494 00:27:00,280 --> 00:27:03,240 Speaker 1: a vast lands of cows. Are kind of dumb. They 495 00:27:03,280 --> 00:27:06,239 Speaker 1: are kind of dumb. Yesterday they don't know they got, 496 00:27:06,480 --> 00:27:09,280 Speaker 1: you know, start scooping the snow out with their hooves. 497 00:27:09,720 --> 00:27:11,320 Speaker 1: Do you think if the hay hits them on the head, 498 00:27:11,359 --> 00:27:14,159 Speaker 1: they'll know to eat it when they gets dropped from 499 00:27:14,200 --> 00:27:18,040 Speaker 1: the That would be kind of sad too. A cow 500 00:27:18,119 --> 00:27:24,200 Speaker 1: and it went down. Guys are mean. Thows are not stupid, 501 00:27:24,440 --> 00:27:27,080 Speaker 1: and I'm sure they would know. If the hay falls 502 00:27:27,240 --> 00:27:30,800 Speaker 1: on the ground, they walk over and eat it. Yes, yeah, 503 00:27:31,560 --> 00:27:33,199 Speaker 1: they might just stare at it and wonder what if 504 00:27:33,240 --> 00:27:35,720 Speaker 1: they're hungry. They'll eat it because they're used to getting 505 00:27:35,760 --> 00:27:37,560 Speaker 1: down to the grass on the ground. They're not used 506 00:27:37,560 --> 00:27:39,480 Speaker 1: to something coming out of the sky and just landing 507 00:27:39,520 --> 00:27:41,320 Speaker 1: in front of them. I think they'll figure it out. 508 00:27:41,400 --> 00:27:43,919 Speaker 1: I have faith in the cows. I think the farmer, 509 00:27:45,560 --> 00:27:50,200 Speaker 1: I don't know what that is box and him on 510 00:27:50,240 --> 00:27:53,119 Speaker 1: the head? What did you do, Charlie? Stop kicking me? 511 00:27:54,040 --> 00:27:56,159 Speaker 1: All right, we got more coming up. Calf I am 512 00:27:56,200 --> 00:27:59,560 Speaker 1: six forty, We're live everywhere the iHeartRadio app you're listening 513 00:27:59,600 --> 00:28:07,040 Speaker 1: to and Ken on demand from KFI. All right, a 514 00:28:07,119 --> 00:28:09,640 Speaker 1: full rundown over these bank failures coming up at two 515 00:28:09,680 --> 00:28:12,840 Speaker 1: oh five Alex Stone ABC News with all the latest 516 00:28:13,000 --> 00:28:15,320 Speaker 1: on that story. And then it's a couple of stories 517 00:28:15,400 --> 00:28:18,280 Speaker 1: related to the Silicon Valley bank that failed that we 518 00:28:18,359 --> 00:28:20,720 Speaker 1: have to get into. They were big into climate adventures. 519 00:28:21,200 --> 00:28:23,520 Speaker 1: Oh yeah, they have a whole woke agenda. By the way, 520 00:28:23,680 --> 00:28:26,439 Speaker 1: in Santa Clara, there is a line of people at 521 00:28:26,520 --> 00:28:30,399 Speaker 1: the Silicon Valley Bank branch there. See. Yeah, but I 522 00:28:30,480 --> 00:28:32,920 Speaker 1: thought everybody was had a lot of money in there. 523 00:28:32,960 --> 00:28:35,239 Speaker 1: I mean, I guess we have people waiting for them. 524 00:28:35,400 --> 00:28:39,400 Speaker 1: These are the people who don't have online accounts or 525 00:28:39,520 --> 00:28:41,840 Speaker 1: basically go to the bank, or maybe the online system 526 00:28:41,920 --> 00:28:44,120 Speaker 1: doesn't work anymore, because I heard after a while people 527 00:28:44,160 --> 00:28:46,920 Speaker 1: were getting error messages and it was the kind of 528 00:28:47,000 --> 00:28:51,560 Speaker 1: error message that means the servers overloaded. So well, the 529 00:28:52,320 --> 00:28:58,120 Speaker 1: number is three, that is how many people picked. Michael 530 00:28:58,200 --> 00:29:02,160 Speaker 1: James Gubatosi too, and the John and Ken twenty twenty three, 531 00:29:02,200 --> 00:29:07,880 Speaker 1: good pool. Who who is Michael James guptild on? Hold on, 532 00:29:08,120 --> 00:29:15,520 Speaker 1: hold on, Eric, I'll let you know. Michael James Gupatosis, 533 00:29:15,600 --> 00:29:18,280 Speaker 1: Robert Blake. John That was his that was his birth name. 534 00:29:18,520 --> 00:29:20,840 Speaker 1: Oh and you may not have known that Johnny was 535 00:29:20,840 --> 00:29:22,760 Speaker 1: born in New Jersey, just like you. Oh, he was 536 00:29:22,760 --> 00:29:25,680 Speaker 1: a New Jersey guy. Definitely. You may not know this, 537 00:29:26,000 --> 00:29:29,520 Speaker 1: but his father was actually his uncle. I didn't know that, 538 00:29:29,640 --> 00:29:32,800 Speaker 1: did you. He learned that his biological father was actually 539 00:29:32,880 --> 00:29:35,360 Speaker 1: his father's brother, his uncle Tony, who had an affair 540 00:29:35,440 --> 00:29:37,800 Speaker 1: with his mother's that's a tough way to start. So 541 00:29:38,320 --> 00:29:42,160 Speaker 1: the uncle boffed his mother, yes, and then they covered 542 00:29:42,200 --> 00:29:45,080 Speaker 1: it up all these years. It just says later learned. 543 00:29:45,120 --> 00:29:47,920 Speaker 1: I don't know when he found out, but his father 544 00:29:48,120 --> 00:29:50,800 Speaker 1: is listed on the birth certificate James Gupatosi. But his 545 00:29:50,840 --> 00:29:53,840 Speaker 1: actual father was father was his uncle, and his uncle 546 00:29:53,960 --> 00:29:57,320 Speaker 1: was his father, right right, and and and and his 547 00:29:57,480 --> 00:30:01,320 Speaker 1: mother was was taken on both brothers. Looks like it. Yes, 548 00:30:02,120 --> 00:30:04,240 Speaker 1: I wonder he's crazy. So, as you know, he was 549 00:30:04,320 --> 00:30:06,600 Speaker 1: a child actor, and then he had a lot of 550 00:30:06,640 --> 00:30:09,080 Speaker 1: trouble with drugs, and then of course he got a 551 00:30:09,080 --> 00:30:11,040 Speaker 1: lot of critical acclaim because he was in the movie 552 00:30:11,080 --> 00:30:14,040 Speaker 1: in Cold Blood in nineteen sixty seven, which people thought 553 00:30:14,120 --> 00:30:17,520 Speaker 1: was an incredible film as a Truman Campode novel about 554 00:30:17,520 --> 00:30:21,720 Speaker 1: the killer. He played two killers and got got awards 555 00:30:21,760 --> 00:30:24,800 Speaker 1: for both. Yeah, but you know, then he turned to 556 00:30:24,880 --> 00:30:28,680 Speaker 1: television and then his whole acting world dried up. And 557 00:30:28,760 --> 00:30:31,560 Speaker 1: then he ended up with a wife by the name 558 00:30:31,600 --> 00:30:33,680 Speaker 1: of Bonnie Lee Bakley. And that's whether John and Kent's 559 00:30:33,680 --> 00:30:36,600 Speaker 1: show came in, because back in two thousand and one 560 00:30:36,640 --> 00:30:40,160 Speaker 1: she was found shot dead. They've gone to dinner at 561 00:30:40,200 --> 00:30:44,320 Speaker 1: that Italian restaurant Jellos right, had a Robert Blake pasta 562 00:30:44,360 --> 00:30:47,160 Speaker 1: special on it. I've got a Vitelli's a few times. 563 00:30:47,200 --> 00:30:49,960 Speaker 1: It's good food there. They have found the murder weapon 564 00:30:50,000 --> 00:30:52,080 Speaker 1: in a nearby dumpster, and I still remember Eric Lettery 565 00:30:52,160 --> 00:30:54,040 Speaker 1: covered that story and he said apparently he was at 566 00:30:54,080 --> 00:30:56,440 Speaker 1: the scene and Blake was vomiting all over the place 567 00:30:56,560 --> 00:31:02,040 Speaker 1: or something like. That's right. However, Blake was acquitted of 568 00:31:02,160 --> 00:31:06,360 Speaker 1: the murder. Yeah, two thousand and another incredibly stupid jury. 569 00:31:06,760 --> 00:31:11,280 Speaker 1: That was the whole era of stupid Southern California juries. Right, 570 00:31:11,840 --> 00:31:16,440 Speaker 1: you could shoot somebody on video, live on television and 571 00:31:16,560 --> 00:31:19,040 Speaker 1: admit to it at the moment, and you'd find a 572 00:31:19,120 --> 00:31:21,080 Speaker 1: jury to quit you anyway, if you were if you 573 00:31:21,160 --> 00:31:24,120 Speaker 1: were famous. Now that's what Blake had gone for him. 574 00:31:24,160 --> 00:31:27,240 Speaker 1: He was famous. They couldn't get Oja guilty. They couldn't 575 00:31:27,280 --> 00:31:30,760 Speaker 1: get Michael Jackson, they couldn't get Robert Blake. I just 576 00:31:31,000 --> 00:31:34,120 Speaker 1: read a story about baby Rosie. Well, now she's an adult, 577 00:31:34,240 --> 00:31:36,239 Speaker 1: she wants to get into acting too. Remembers he had 578 00:31:36,240 --> 00:31:39,720 Speaker 1: a he had a daughter with Ronnie Lee Bakley and Rosie. Yeah, 579 00:31:40,640 --> 00:31:44,120 Speaker 1: but there was no question he killed her. No, there 580 00:31:44,240 --> 00:31:48,000 Speaker 1: was no They never did find the real murderer John, 581 00:31:48,440 --> 00:31:51,440 Speaker 1: and he lost a thirty million dollars civil judgment because 582 00:31:51,560 --> 00:31:54,280 Speaker 1: just like OJ in a civil case, you had to testify. 583 00:31:54,720 --> 00:31:57,120 Speaker 1: And when OJ went to testifying the civil case and 584 00:31:57,200 --> 00:31:59,720 Speaker 1: we were there at that one, he did terribly right 585 00:32:00,000 --> 00:32:04,000 Speaker 1: because you and Robert Blake did terribly as well. It 586 00:32:04,160 --> 00:32:06,520 Speaker 1: was eventually cut to fifteen million, but he had to 587 00:32:06,600 --> 00:32:09,880 Speaker 1: file for bankruptcy. Now we'll bring out some of the 588 00:32:09,920 --> 00:32:12,080 Speaker 1: old John and Kenn audio. One of my favorites John 589 00:32:12,200 --> 00:32:15,840 Speaker 1: is the mashup with Robert Blake and Larry King. Remember 590 00:32:15,920 --> 00:32:19,520 Speaker 1: Robert King was interviewing Robert Blake and was one of 591 00:32:19,560 --> 00:32:23,480 Speaker 1: the most bizarre interviews ever because they both sort of 592 00:32:23,560 --> 00:32:25,600 Speaker 1: kept repeating themselves. I couldn't even figure out what they 593 00:32:25,640 --> 00:32:28,440 Speaker 1: were saying. They got Clay who ran the board then 594 00:32:28,480 --> 00:32:30,800 Speaker 1: made a song out of her. Remember, yeah, play that first. 595 00:32:31,000 --> 00:32:34,600 Speaker 1: You know you didn't do it? You know that? Yeah, No, 596 00:32:34,880 --> 00:32:38,760 Speaker 1: we weren't there. Who do you think? Did somebody killed her? 597 00:32:39,080 --> 00:32:41,120 Speaker 1: You really want to go there? Who do you think? 598 00:32:41,440 --> 00:32:43,560 Speaker 1: Who do you think? How do I know? How do 599 00:32:43,680 --> 00:32:46,120 Speaker 1: I know? Because you know people that she knew, I 600 00:32:46,160 --> 00:32:48,680 Speaker 1: don't know people to try, don't know who do you think? 601 00:32:49,080 --> 00:32:52,400 Speaker 1: Who do you think? I know? Who do you think? 602 00:32:55,480 --> 00:33:03,000 Speaker 1: Who do you think? No? No, no, no, look like 603 00:33:03,200 --> 00:33:05,760 Speaker 1: you know people that she knew. I don't know. I 604 00:33:05,840 --> 00:33:09,200 Speaker 1: don't know. You told me your dyslestic. You dyslectic, right, 605 00:33:09,360 --> 00:33:12,840 Speaker 1: I'm severely dyslectic. Marine experience. Never. I wish we would 606 00:33:12,880 --> 00:33:14,680 Speaker 1: stay on this. I don't know. That's where we're going. 607 00:33:16,000 --> 00:33:20,960 Speaker 1: Everybody else, I'm gonna talk about this. It was I 608 00:33:21,000 --> 00:33:23,560 Speaker 1: think made number six on the billboard chart. How do 609 00:33:23,640 --> 00:33:27,240 Speaker 1: I them? How do them? Who do you think? How? 610 00:33:29,560 --> 00:33:31,640 Speaker 1: It's an old trick when you don't like somebody's question, 611 00:33:31,720 --> 00:33:34,480 Speaker 1: just kind of repeated quizzically, what do you mean? What 612 00:33:34,600 --> 00:33:39,720 Speaker 1: do you think? Who was that Bonny Lee at the 613 00:33:39,800 --> 00:33:41,800 Speaker 1: end there, I think it might have been. Remember they 614 00:33:41,840 --> 00:33:45,160 Speaker 1: have recordings of her. Yeah, that does she was. She's 615 00:33:45,280 --> 00:33:47,840 Speaker 1: kind of like a groupie thing, and he got her pregnant. 616 00:33:47,880 --> 00:33:50,960 Speaker 1: Well remember she was sending men naked photos or something. Yeah, 617 00:33:51,000 --> 00:33:54,160 Speaker 1: she had a business. Boy, she had a business back 618 00:33:54,280 --> 00:33:57,200 Speaker 1: before the internet. Where do you think that's what trip like? 619 00:33:57,320 --> 00:33:59,600 Speaker 1: He got pretty upset of like a mail order business 620 00:33:59,640 --> 00:34:04,840 Speaker 1: if you wanted taking pictures she was. Yeah, this is 621 00:34:04,920 --> 00:34:08,880 Speaker 1: before like the advent of the Internet, so smartphones. I 622 00:34:08,920 --> 00:34:10,600 Speaker 1: don't want to say she wasn't a looker, but he 623 00:34:10,719 --> 00:34:12,719 Speaker 1: must have had a lot of beer that night. Wow. 624 00:34:13,840 --> 00:34:16,959 Speaker 1: The last interview I see the twenty thirteen he said 625 00:34:16,960 --> 00:34:19,360 Speaker 1: he wanted to do one more big film before he 626 00:34:19,480 --> 00:34:21,920 Speaker 1: goes out, but that didn't happen. Yeah, John used to 627 00:34:21,920 --> 00:34:26,000 Speaker 1: see him occasion in a Delhi right, Yes, Beverly Glenn deli. 628 00:34:26,160 --> 00:34:29,000 Speaker 1: Funny I heard Conway the other day said he used 629 00:34:29,040 --> 00:34:32,560 Speaker 1: to see Blake at that deli too. Oh, it's at 630 00:34:32,600 --> 00:34:36,880 Speaker 1: the same spot up Beverly Glenn. Beverly Glenn in Mulholland's 631 00:34:36,920 --> 00:34:39,560 Speaker 1: this little shopping center and Beverly Glen Deli is one 632 00:34:39,560 --> 00:34:42,279 Speaker 1: of the last delis in LA. It's really good. But 633 00:34:42,760 --> 00:34:44,760 Speaker 1: he went on. He went on Doctor Phil in twenty 634 00:34:44,840 --> 00:34:50,479 Speaker 1: twelve says a sympathetic audience. Yeah, yeah, anybody, anybody who's 635 00:34:50,480 --> 00:34:54,959 Speaker 1: famous has a sympathetic audience. Yeah, it's something one time 636 00:34:55,080 --> 00:34:58,440 Speaker 1: passes by. People don't care anymore. Yeah, she was an 637 00:34:58,600 --> 00:35:02,680 Speaker 1: unsympathetic that them. Yeah, that was another problem with the case. 638 00:35:02,760 --> 00:35:05,080 Speaker 1: She was kind of dumpy and trashy. But and like 639 00:35:05,200 --> 00:35:07,640 Speaker 1: there was no there was no emotion for her. Nobody 640 00:35:07,719 --> 00:35:10,759 Speaker 1: felt bad felt sorry. And then you know, I don't 641 00:35:10,760 --> 00:35:12,719 Speaker 1: think we ever had anybody on the air they wanted 642 00:35:12,719 --> 00:35:14,840 Speaker 1: to talk about her or her family and talk about 643 00:35:14,880 --> 00:35:18,120 Speaker 1: the trial. No we couldn't. No, nobody, nobody wanted to 644 00:35:18,239 --> 00:35:22,200 Speaker 1: say that she didn't deserve this. Everybody acted like, well, 645 00:35:22,800 --> 00:35:26,040 Speaker 1: what are you gonna do? So again, three people did 646 00:35:26,160 --> 00:35:28,520 Speaker 1: pick Robert Blake and the John and Ken goopool for 647 00:35:28,600 --> 00:35:30,600 Speaker 1: twenty twenty three, So good for them to remember that 648 00:35:30,680 --> 00:35:33,439 Speaker 1: guy eighty nine years old. All right, coming up next, 649 00:35:33,480 --> 00:35:36,319 Speaker 1: we'll get a rundown on the bank situation, Alex Don't. 650 00:35:36,320 --> 00:35:38,680 Speaker 1: ABC News from CAFI will be here, Johnny Ken, kf 651 00:35:38,800 --> 00:35:41,120 Speaker 1: I AM six forty live everywhere, the iHeart Radio app, 652 00:35:41,200 --> 00:35:43,799 Speaker 1: jeber Mark Live in the twenty for our caf I newsroom. Hey, 653 00:35:43,880 --> 00:35:45,520 Speaker 1: you've been listening to the John and Ken Show. You 654 00:35:45,560 --> 00:35:48,600 Speaker 1: can always hear us live on caf I AM sixty 655 00:35:48,840 --> 00:35:51,680 Speaker 1: one pm to four pm every Monday through Friday, and 656 00:35:51,840 --> 00:35:55,200 Speaker 1: of course anytime on demand on the iHeart Radio app.