1 00:00:00,160 --> 00:00:02,000 Speaker 1: Hey, Ken, did you know that gold is the only 2 00:00:02,000 --> 00:00:05,440 Speaker 1: currency that's held its value since the dawn of money? Well? 3 00:00:05,440 --> 00:00:08,480 Speaker 1: I did, thanks to our friends at Legacy Precious Metals, 4 00:00:08,880 --> 00:00:12,719 Speaker 1: the most trusted name in gold investing. Investing in gold 5 00:00:12,840 --> 00:00:16,239 Speaker 1: protects you against inflation and gives you a hedge against 6 00:00:16,280 --> 00:00:19,960 Speaker 1: stock market volatility. Don't leave your retirement to chance. Call 7 00:00:20,120 --> 00:00:23,760 Speaker 1: Legacy Precious Medals today at eight six six six nine 8 00:00:23,840 --> 00:00:27,080 Speaker 1: one two one seven three, or download your free investor's 9 00:00:27,120 --> 00:00:31,360 Speaker 1: guide now at by Legacygold dot com. That's by Legacy 10 00:00:31,440 --> 00:00:36,800 Speaker 1: goold dot com. Children's National Hospital in Washington, DC improves 11 00:00:36,880 --> 00:00:41,160 Speaker 1: children's health by developing better treatments and technologies. Ranked number 12 00:00:41,200 --> 00:00:44,520 Speaker 1: five in the nation, we take on the most complex, rare, 13 00:00:44,600 --> 00:00:48,839 Speaker 1: and life threatening conditions because all children deserve a healthy future. 14 00:00:49,240 --> 00:00:54,160 Speaker 1: Learn more at Children's National dot org slash innovation. What 15 00:00:54,280 --> 00:00:57,600 Speaker 1: happened at Debra Mark anyway? If she's off on something, 16 00:00:57,720 --> 00:01:02,800 Speaker 1: still away on vacation, still away on vacation. You're flapping 17 00:01:02,880 --> 00:01:06,000 Speaker 1: everything around there, and I can hear all sorts of paper. 18 00:01:06,040 --> 00:01:09,800 Speaker 1: I'm getting organized here. I don't come pre organized like 19 00:01:09,840 --> 00:01:12,320 Speaker 1: you do. I have to get organized. It's a process 20 00:01:12,760 --> 00:01:16,039 Speaker 1: takes hours. Oh then I'll wait if you're not ready, 21 00:01:16,240 --> 00:01:18,560 Speaker 1: huh oh, it might take till seven, eight o'clock, so 22 00:01:18,840 --> 00:01:24,600 Speaker 1: we gotta get going. Yeah, I don't forget our voter guide. 23 00:01:24,600 --> 00:01:27,280 Speaker 1: And one of the persons that just got put on 24 00:01:27,440 --> 00:01:29,560 Speaker 1: the voter guide is because it was a little late 25 00:01:29,560 --> 00:01:32,959 Speaker 1: addition at John Cobelt's recommendation is going to be on 26 00:01:32,959 --> 00:01:35,319 Speaker 1: our show today at four o'clock. It's a candidate to 27 00:01:35,319 --> 00:01:38,640 Speaker 1: replace Mike Bonnen on the LA City Council. If you 28 00:01:38,720 --> 00:01:41,440 Speaker 1: live in his miserable hell hall on the West Side, 29 00:01:42,400 --> 00:01:47,640 Speaker 1: it's the eleventh council district runs from Pacific Palisades all 30 00:01:47,640 --> 00:01:53,760 Speaker 1: the way down past Venice into Westchester and Inland. Tracy Park. 31 00:01:54,480 --> 00:01:57,120 Speaker 1: Do not trust any of the other candidates. Many of 32 00:01:57,160 --> 00:02:01,040 Speaker 1: the other candidates are insane, all right. They should be 33 00:02:01,080 --> 00:02:04,240 Speaker 1: taken away to mental institutions. Tracy Park is the woman 34 00:02:04,280 --> 00:02:07,360 Speaker 1: you vote for, and she will not vote like Mike 35 00:02:07,440 --> 00:02:10,800 Speaker 1: Bonden votes because Mike Bonnen voted every time to destroy 36 00:02:11,280 --> 00:02:13,360 Speaker 1: the West Side of Los Angeles and he did a 37 00:02:13,360 --> 00:02:16,680 Speaker 1: good job. Yeah, I mean, do you think she'll be 38 00:02:16,720 --> 00:02:19,600 Speaker 1: a game changer in terms of the way that district 39 00:02:19,680 --> 00:02:22,239 Speaker 1: is dealing with homelessness? I think she's going to manage 40 00:02:22,280 --> 00:02:24,640 Speaker 1: the district differently. Yeah, I think there's going to be 41 00:02:24,639 --> 00:02:27,640 Speaker 1: different decisions made because every council person and I did 42 00:02:27,760 --> 00:02:31,320 Speaker 1: actually know this until this whole homeless crisis, they can't. 43 00:02:31,360 --> 00:02:33,600 Speaker 1: They can't. They have their own fiefdom and they can 44 00:02:33,639 --> 00:02:38,200 Speaker 1: control how problems are treated, like, for example, whether the 45 00:02:38,639 --> 00:02:44,200 Speaker 1: homeless encampments stay or go, directing police resources. I don't 46 00:02:44,200 --> 00:02:46,760 Speaker 1: know if this is on the bucks as a policy 47 00:02:46,919 --> 00:02:50,320 Speaker 1: or this is just the informal way that is evolved 48 00:02:50,360 --> 00:02:53,400 Speaker 1: over the years. But Bonden decided to let the homeless 49 00:02:53,880 --> 00:02:58,600 Speaker 1: run rampant and decided to lessen the police presence. That 50 00:02:58,800 --> 00:03:01,959 Speaker 1: those were his decision, his influence. So I think that's 51 00:03:01,960 --> 00:03:05,160 Speaker 1: going to change. All right. We'll have to ask her 52 00:03:05,200 --> 00:03:09,120 Speaker 1: some tough questions coming up after four o'clock here on 53 00:03:09,160 --> 00:03:12,240 Speaker 1: the John and Ken Show. You probably saw. One of 54 00:03:12,240 --> 00:03:16,080 Speaker 1: the big stories today is the big downturn in the 55 00:03:16,120 --> 00:03:20,240 Speaker 1: stock markets, the Dow down over a thousand points. The 56 00:03:20,360 --> 00:03:23,799 Speaker 1: explanation for this is that earnings reports continue to come 57 00:03:23,840 --> 00:03:28,640 Speaker 1: in for the first quarter for the businesses and they're 58 00:03:28,639 --> 00:03:31,200 Speaker 1: not doing too well. Now. The weird part is, and 59 00:03:31,320 --> 00:03:34,560 Speaker 1: we can explain it with the following story. Consumer spending 60 00:03:34,639 --> 00:03:38,600 Speaker 1: is doing fine, and here is the reason in a 61 00:03:38,640 --> 00:03:43,280 Speaker 1: post from Bloomberg. Apparently, pent up inflation is going to 62 00:03:43,400 --> 00:03:46,080 Speaker 1: drive your US food costs even higher. This is an 63 00:03:46,080 --> 00:03:48,720 Speaker 1: example of what we're talking about. A lot of the 64 00:03:48,760 --> 00:03:52,880 Speaker 1: businesses are doing all they can to what they call, 65 00:03:53,560 --> 00:03:56,480 Speaker 1: I think the term they used here is demand destruction. 66 00:03:56,920 --> 00:04:00,360 Speaker 1: In other words, if they just take every price increase 67 00:04:00,400 --> 00:04:03,560 Speaker 1: it's costing them from the goods that they buy to 68 00:04:03,680 --> 00:04:06,600 Speaker 1: make the product that you buy, and just shove the 69 00:04:06,680 --> 00:04:11,360 Speaker 1: price higher, they eventually will destroy demand. So what they've 70 00:04:11,360 --> 00:04:13,720 Speaker 1: been trying to do is, and some people call it 71 00:04:13,760 --> 00:04:17,680 Speaker 1: shrink flation. They sometimes shrink portions, shrink the product a 72 00:04:17,720 --> 00:04:20,359 Speaker 1: little bit, but try to keep the price somewhat in 73 00:04:20,400 --> 00:04:23,600 Speaker 1: line with what you've been paying. Sometimes they might just 74 00:04:23,680 --> 00:04:28,239 Speaker 1: swallow the difference. It says here a gallon of milk 75 00:04:28,360 --> 00:04:31,360 Speaker 1: is up about twenty five percent since before the pandemic, 76 00:04:31,960 --> 00:04:37,479 Speaker 1: retail bacon thirty five percent higher. But evidence suggests that 77 00:04:37,640 --> 00:04:41,200 Speaker 1: even higher prices are on the horizon because customers have 78 00:04:41,320 --> 00:04:44,920 Speaker 1: actually been shielded from the full brunt of soaring expenses 79 00:04:44,960 --> 00:04:49,480 Speaker 1: that are facing producers, distributors, and small businesses like restaurants, 80 00:04:49,720 --> 00:04:52,080 Speaker 1: and they can only hold back for so long. They've 81 00:04:52,200 --> 00:04:56,279 Speaker 1: they've absorbed the price increases, and they're taking a smaller profit. Right, So, 82 00:04:56,400 --> 00:04:58,360 Speaker 1: like I said, in some cases, they may shrink your 83 00:04:58,360 --> 00:05:01,159 Speaker 1: portion so that they're even you a little less food 84 00:05:01,160 --> 00:05:04,720 Speaker 1: for the same price. But don't look at this. Look 85 00:05:04,720 --> 00:05:06,200 Speaker 1: at this. I ran into that the other day a 86 00:05:06,240 --> 00:05:07,760 Speaker 1: restaurant and go to all the time. I looked at 87 00:05:07,800 --> 00:05:10,240 Speaker 1: the plate. I'm like, wait a minute, that looks twenty 88 00:05:10,279 --> 00:05:14,800 Speaker 1: percent smaller. I'm missing eight fries here. Eggs have gone 89 00:05:14,839 --> 00:05:19,000 Speaker 1: up two hundred and twenty percent, two hundred twenty percent. 90 00:05:19,880 --> 00:05:22,520 Speaker 1: That that's that's I've never seen that in my life. 91 00:05:22,520 --> 00:05:25,279 Speaker 1: Have you ever seen something like a basic staple food 92 00:05:25,320 --> 00:05:27,040 Speaker 1: go up two hundred and twenty percent in a year? 93 00:05:27,960 --> 00:05:32,839 Speaker 1: Butter up fifty one percent, fats and oils forty one percent, 94 00:05:32,960 --> 00:05:36,240 Speaker 1: flour forty percent. These are the basic ingredients to make 95 00:05:36,279 --> 00:05:39,440 Speaker 1: your meals. Yeah, it's like I think it was Elon 96 00:05:39,520 --> 00:05:42,080 Speaker 1: Musk said, run our way to Venezuela type inflation. If 97 00:05:42,080 --> 00:05:44,200 Speaker 1: we don't really get a hold of this, and the 98 00:05:44,320 --> 00:05:47,000 Speaker 1: and the and the thing is that when they put 99 00:05:47,000 --> 00:05:50,839 Speaker 1: out inflation numbers, they sometimes put out a number that 100 00:05:50,960 --> 00:05:57,479 Speaker 1: excludes food and energy, which is much of your daily spending. Right, Well, 101 00:05:57,520 --> 00:05:59,880 Speaker 1: you can't exclude food and energy when the eggs are 102 00:05:59,880 --> 00:06:02,159 Speaker 1: going up two hundred and twenty percent. What do you 103 00:06:02,200 --> 00:06:05,120 Speaker 1: mean the price of gas? I saw I saw today 104 00:06:05,120 --> 00:06:07,160 Speaker 1: in LA price of gas the average is six zo 105 00:06:07,279 --> 00:06:13,560 Speaker 1: eight six o eight. Right, And he's always worth pointing 106 00:06:13,560 --> 00:06:16,840 Speaker 1: out that the national average is four fifty one, four 107 00:06:17,000 --> 00:06:20,040 Speaker 1: fifty one, and the national average on the last day 108 00:06:20,040 --> 00:06:24,520 Speaker 1: Trump was president two forty one. We've gone from two 109 00:06:24,560 --> 00:06:27,080 Speaker 1: forty one to here in LA, we're in the sixes. 110 00:06:28,640 --> 00:06:31,839 Speaker 1: Is this not the worst management of the economy that 111 00:06:31,920 --> 00:06:34,480 Speaker 1: most of us have ever seen? I mean, unless you're 112 00:06:34,480 --> 00:06:37,520 Speaker 1: old enough to remember Jimmy Carter, this is this is 113 00:06:37,560 --> 00:06:41,880 Speaker 1: just absurd. They talked to a guy who runs a 114 00:06:41,960 --> 00:06:45,960 Speaker 1: restaurant in Mississippi, and eighteen months ago, a forty pound 115 00:06:45,960 --> 00:06:48,479 Speaker 1: box of chicken wings cost him about eighty five dollars. 116 00:06:48,920 --> 00:06:50,520 Speaker 1: Now it can go as high as one hundred and 117 00:06:50,560 --> 00:06:54,240 Speaker 1: fifty dollars. Things like cooking oil and flour have doubled 118 00:06:54,240 --> 00:06:56,800 Speaker 1: in price for him in the past five months. And 119 00:06:56,880 --> 00:07:00,320 Speaker 1: he's also paying more for labor and services even at 120 00:07:00,320 --> 00:07:03,040 Speaker 1: the company that it says here he's paying more for 121 00:07:03,040 --> 00:07:06,240 Speaker 1: a labor and services, even a fifteen piece world of 122 00:07:06,279 --> 00:07:09,440 Speaker 1: chicken wings, which is a big deal at his restaurant 123 00:07:09,840 --> 00:07:12,720 Speaker 1: went for thirteen ninety five before COVID hit. Now wings 124 00:07:12,760 --> 00:07:15,480 Speaker 1: and goes they're so high. He just uses something called 125 00:07:15,560 --> 00:07:18,560 Speaker 1: market price, and some days it can cost like twenty 126 00:07:18,560 --> 00:07:21,680 Speaker 1: eight dollars. Market price is usually if you go to 127 00:07:21,720 --> 00:07:24,880 Speaker 1: a really fancy restaurant, that's what they would say for seafood, 128 00:07:24,960 --> 00:07:29,360 Speaker 1: right for like lobster or some kind of high end steak. 129 00:07:30,120 --> 00:07:33,560 Speaker 1: It depends what it costs on that day. But because 130 00:07:33,600 --> 00:07:37,280 Speaker 1: most mostly prices have been stable for for decades, they 131 00:07:37,320 --> 00:07:41,840 Speaker 1: had a target with the Federal Reserve of two percent inflation, 132 00:07:42,360 --> 00:07:44,960 Speaker 1: and for many, many years it's it's hung in that neighborhood. 133 00:07:45,680 --> 00:07:48,080 Speaker 1: And now suddenly what the eggs are up two hundred 134 00:07:48,120 --> 00:07:50,400 Speaker 1: and twenty percent. Now you realize that's like a hundred 135 00:07:50,440 --> 00:07:53,480 Speaker 1: times higher that it was supposed to go up one 136 00:07:53,600 --> 00:07:57,120 Speaker 1: hundred times higher for eggs. And the egg problem has 137 00:07:57,160 --> 00:08:00,640 Speaker 1: been exacerbated by that bird flu outbreak that we've talked about. 138 00:08:01,280 --> 00:08:03,160 Speaker 1: I forgot how many what was the number of millions 139 00:08:03,200 --> 00:08:05,560 Speaker 1: of chickens I had to kill egg laying hens. Well, yeah, 140 00:08:06,160 --> 00:08:09,280 Speaker 1: in one place it was five million chickens. Yeah, I think, 141 00:08:09,280 --> 00:08:12,600 Speaker 1: And I was a protest over that Timberwolf Minnesota Timberwolf 142 00:08:12,600 --> 00:08:15,520 Speaker 1: team owner. Yeah, the NBA, the woman that kept gluing 143 00:08:15,520 --> 00:08:18,800 Speaker 1: herself and yourself. That's the thing. That's the response you 144 00:08:18,840 --> 00:08:21,400 Speaker 1: get from the public is some idiot glues yourself to 145 00:08:21,440 --> 00:08:25,280 Speaker 1: a basketball court. Well, you've got to kill the birds 146 00:08:25,480 --> 00:08:28,840 Speaker 1: or the flu spread steven more birds, more of them die, 147 00:08:29,000 --> 00:08:31,000 Speaker 1: and the eggs go up another one hundred percent. I mean, 148 00:08:31,840 --> 00:08:34,120 Speaker 1: I mean, honestly, she had a glue her head to 149 00:08:34,200 --> 00:08:36,520 Speaker 1: a wall and stay there. So the real difference is 150 00:08:36,520 --> 00:08:38,439 Speaker 1: the consumer price index is the thing that most of 151 00:08:38,520 --> 00:08:41,240 Speaker 1: us used to gage inflation, but the producer price in 152 00:08:41,320 --> 00:08:45,360 Speaker 1: christ index has actually been accelerating faster than the consumer 153 00:08:45,360 --> 00:08:47,959 Speaker 1: price index. And the producer price index that's what these 154 00:08:47,960 --> 00:08:50,600 Speaker 1: guys have to pay to get the raw ingredients. So 155 00:08:50,640 --> 00:08:52,520 Speaker 1: they're taking a hit on their profits. Saying you were 156 00:08:52,520 --> 00:08:55,959 Speaker 1: talking about the stock market at the beginning, right, great example, today, 157 00:08:56,040 --> 00:08:59,560 Speaker 1: Target was down twenty five percent at one point when 158 00:08:59,559 --> 00:09:03,480 Speaker 1: I was listening to report down and because they've had 159 00:09:03,520 --> 00:09:05,920 Speaker 1: to take a cut in their profits, they can't pass 160 00:09:06,160 --> 00:09:10,000 Speaker 1: all the increases along. They're in a very competitive category. Right, 161 00:09:10,000 --> 00:09:14,559 Speaker 1: Target goes up against Walmart, you know, megastores like that, 162 00:09:15,160 --> 00:09:20,200 Speaker 1: So the prices are very competitive between these chains, and 163 00:09:20,559 --> 00:09:23,920 Speaker 1: nobody can pass all the costs onto the consumer, so 164 00:09:23,960 --> 00:09:27,320 Speaker 1: they get they get whacked on profits, which means their 165 00:09:27,320 --> 00:09:30,439 Speaker 1: stock price gets whacked when the quarterly earnings report comes out. 166 00:09:30,679 --> 00:09:32,599 Speaker 1: Company's just not worth as much as it used to 167 00:09:32,600 --> 00:09:34,319 Speaker 1: be because it's not making as much as it used 168 00:09:34,360 --> 00:09:38,319 Speaker 1: to be. Right, Yeah, that's what they refer to in 169 00:09:38,400 --> 00:09:41,600 Speaker 1: the story. As I mentioned, demand destruction. If they keep 170 00:09:41,720 --> 00:09:44,760 Speaker 1: raising the prices, eventually people will pull back. That's why 171 00:09:44,760 --> 00:09:47,280 Speaker 1: there's been so many fears that we could have what's 172 00:09:47,280 --> 00:09:50,559 Speaker 1: known as stagflation. We got rising prices, but eventually we 173 00:09:50,679 --> 00:09:53,240 Speaker 1: got some kind of recession because people are just going 174 00:09:53,240 --> 00:09:55,400 Speaker 1: to choose not to spend the money on things that 175 00:09:55,480 --> 00:09:59,199 Speaker 1: get too expensive. I seen the other day it was 176 00:09:59,240 --> 00:10:02,120 Speaker 1: like talking about the real estate market. You know, the 177 00:10:02,400 --> 00:10:05,800 Speaker 1: Fed's been raising interest rates. That's supposed to help. Yeah, 178 00:10:05,800 --> 00:10:09,120 Speaker 1: apparently it's not changing the demand for housing. It's not 179 00:10:09,200 --> 00:10:11,719 Speaker 1: really changing. I don't know whether or not people are 180 00:10:11,760 --> 00:10:15,360 Speaker 1: not borrowing or what they're doing, but they're still trying 181 00:10:15,400 --> 00:10:17,720 Speaker 1: to buy homes just like they were a few months ago, 182 00:10:18,160 --> 00:10:21,520 Speaker 1: even though the interest rates are going up. So it's 183 00:10:21,520 --> 00:10:23,800 Speaker 1: a really weird time. In fact, one of the restaurant 184 00:10:23,800 --> 00:10:25,679 Speaker 1: tours and this article said, I've been doing this over 185 00:10:25,760 --> 00:10:29,080 Speaker 1: thirty years. I've never seen anything this crazy with the prices. No, 186 00:10:29,160 --> 00:10:32,360 Speaker 1: I've never seen prices like this. I can't get over 187 00:10:32,400 --> 00:10:35,040 Speaker 1: with stuff costs. And there's only so much you can 188 00:10:35,080 --> 00:10:39,240 Speaker 1: blame the pandemic. I mean, I got places I've gone to, 189 00:10:39,480 --> 00:10:42,560 Speaker 1: you know, for probably ten years or more, right, and 190 00:10:42,679 --> 00:10:44,880 Speaker 1: I know what they cost, and you know, every couple 191 00:10:44,880 --> 00:10:48,560 Speaker 1: of years maybe a little incremental increase. And now suddenly 192 00:10:49,040 --> 00:10:52,800 Speaker 1: this this basic cheeseburger, french fries and coke that I 193 00:10:52,840 --> 00:10:56,520 Speaker 1: get at a local burger joint, not fancy mid range 194 00:10:56,640 --> 00:10:59,520 Speaker 1: right at Bob McDonald's. But you know, it's not like 195 00:10:59,559 --> 00:11:02,600 Speaker 1: I'm going out to you know, the four seasons, and 196 00:11:02,679 --> 00:11:05,240 Speaker 1: it's just a mid range place. And I can't get 197 00:11:05,280 --> 00:11:08,560 Speaker 1: out of there anymore under twenty five dollars just for 198 00:11:08,600 --> 00:11:12,600 Speaker 1: the burger, a small fry, and a regular coke, plus 199 00:11:12,600 --> 00:11:14,960 Speaker 1: the tax and the tip is over twenty five bucks. 200 00:11:15,559 --> 00:11:19,199 Speaker 1: Used to be fifteen. So that's that's my little barometer 201 00:11:19,720 --> 00:11:23,040 Speaker 1: every week. Is it's like twenty five. I would never 202 00:11:23,080 --> 00:11:26,040 Speaker 1: spent twenty five on a lunch unless it was my 203 00:11:26,080 --> 00:11:28,040 Speaker 1: wife and I going out to something fancy on a 204 00:11:28,080 --> 00:11:31,800 Speaker 1: holiday or something. Right, twenty five dollars and this is 205 00:11:31,840 --> 00:11:35,880 Speaker 1: what I just get a burger and fries. That's I 206 00:11:35,880 --> 00:11:39,000 Speaker 1: don't know. Yeah, all right, we got to have more 207 00:11:39,000 --> 00:11:42,360 Speaker 1: coming up. Johnny cant cafive and all right, well coming 208 00:11:42,400 --> 00:11:44,559 Speaker 1: up after two thirty. The story that was kind of 209 00:11:44,600 --> 00:11:46,400 Speaker 1: big for a few days last week is or the 210 00:11:46,440 --> 00:11:49,040 Speaker 1: week before, it was already over and that concerns this 211 00:11:49,960 --> 00:11:55,400 Speaker 1: disinformation board. We'll explain what happened. There was coming out 212 00:11:55,400 --> 00:11:57,560 Speaker 1: of the Department of Homeland Security. It was supposed to 213 00:11:57,559 --> 00:12:01,480 Speaker 1: counter lies on social media and in the media, lies 214 00:12:01,520 --> 00:12:05,000 Speaker 1: as determined by one crazy woman. If you missed the story, 215 00:12:05,000 --> 00:12:08,160 Speaker 1: but apparently it's all shut down. See if you could 216 00:12:08,160 --> 00:12:11,080 Speaker 1: find her singing that Mary Poppins song. Okay, because we 217 00:12:11,120 --> 00:12:14,000 Speaker 1: had a couple of weeks ago, and we always got 218 00:12:14,000 --> 00:12:16,480 Speaker 1: a lot of requests for it, request not to play 219 00:12:16,520 --> 00:12:20,560 Speaker 1: it again. But you'll see if you're not following it, 220 00:12:20,559 --> 00:12:23,840 Speaker 1: you'll see why she was. Her commission was shut down. 221 00:12:24,600 --> 00:12:27,880 Speaker 1: We were talking about inflation, how things may get worse 222 00:12:28,000 --> 00:12:31,160 Speaker 1: because some businesses have been holding back on price increases 223 00:12:31,160 --> 00:12:33,920 Speaker 1: even though they're paying a lot more for stuff that 224 00:12:33,960 --> 00:12:37,880 Speaker 1: they're buying in raw goods. We have a we have 225 00:12:37,920 --> 00:12:41,560 Speaker 1: a new White House Press secretary. Jen Saki has finally 226 00:12:41,559 --> 00:12:43,680 Speaker 1: moved on. I remember here in last year she was leaving, 227 00:12:43,679 --> 00:12:44,959 Speaker 1: and I thought she was leaving at the end of 228 00:12:44,960 --> 00:12:47,440 Speaker 1: the year, but she was still there. In delay. She 229 00:12:47,520 --> 00:12:52,679 Speaker 1: became a propaganda talking head for MSNBC, where the ratings 230 00:12:52,720 --> 00:12:55,079 Speaker 1: are like near zero from what I understand for a 231 00:12:55,120 --> 00:12:59,000 Speaker 1: lot of their propaganda talking heads. But anyway, the new 232 00:12:59,040 --> 00:13:02,520 Speaker 1: woman took the job on Monday. I don't even know 233 00:13:02,600 --> 00:13:05,640 Speaker 1: how to pronounce her name to you, Kareem Jean Pierre. 234 00:13:06,720 --> 00:13:09,440 Speaker 1: I thought you might know. You don't know either Jean 235 00:13:09,520 --> 00:13:12,560 Speaker 1: Pierre or Jean Pierre. Could be Jean Pierre, Karen jan 236 00:13:12,880 --> 00:13:15,800 Speaker 1: sounds like a hockey player. Well, because she's Haitian, it 237 00:13:15,800 --> 00:13:17,760 Speaker 1: would be a French origin. It would be Jean Pierre. 238 00:13:17,800 --> 00:13:20,440 Speaker 1: But I didn't know if she, you know, made it 239 00:13:20,520 --> 00:13:24,440 Speaker 1: more American sounding for gene for people. But anyway, all right, 240 00:13:24,640 --> 00:13:28,720 Speaker 1: so uh one of the uh paint in the neck 241 00:13:28,960 --> 00:13:33,560 Speaker 1: for Jensaki's Fox News White House correspondent Peter Doucy. Now, 242 00:13:33,760 --> 00:13:36,120 Speaker 1: the context of this question, we're going to play the 243 00:13:36,160 --> 00:13:40,760 Speaker 1: audio because it's quite a debut for Krene, is that 244 00:13:40,920 --> 00:13:45,720 Speaker 1: apparently Biden had sent out a tweet, well not Biden, 245 00:13:45,800 --> 00:13:52,680 Speaker 1: but whoever operates the Twitter machine for Biden um basically 246 00:13:53,040 --> 00:13:56,720 Speaker 1: saying that to fight inflation, we need to raise taxes 247 00:13:57,400 --> 00:14:03,640 Speaker 1: on the wealthy. Wealthier corporations should pay their fair share. 248 00:14:04,200 --> 00:14:07,480 Speaker 1: That was the tweet. This puzzled people, and I guess 249 00:14:07,480 --> 00:14:10,680 Speaker 1: it puzzled Peter Doocey. So he wanted to ask the 250 00:14:10,720 --> 00:14:15,600 Speaker 1: new White House spokeshole how that, in any manner, can 251 00:14:15,679 --> 00:14:20,960 Speaker 1: help battle inflation to raise taxes on corporations. Here's how 252 00:14:21,000 --> 00:14:24,120 Speaker 1: it went. Congratulations, let me see you out there. Thank you. 253 00:14:24,600 --> 00:14:27,760 Speaker 1: The president Twitter account posted the other day, you want 254 00:14:27,760 --> 00:14:30,920 Speaker 1: to bring down inflation, Let's make sure the wealthiest corporations 255 00:14:30,960 --> 00:14:35,479 Speaker 1: pay their fair share. How does raising taxes on corporations 256 00:14:35,560 --> 00:14:41,760 Speaker 1: to reduce inflation? There? So, are you talking about a 257 00:14:41,760 --> 00:14:44,840 Speaker 1: specific tweet? Tweeted do you want to bring down inflation, 258 00:14:45,000 --> 00:14:49,240 Speaker 1: Let's make sure the wealthiest corporations pay their fair share. Look, 259 00:14:49,360 --> 00:14:52,320 Speaker 1: you know we have talked about we have talked about 260 00:14:52,320 --> 00:14:56,880 Speaker 1: this this past year, about making sure that the wealthiest 261 00:14:56,960 --> 00:14:59,920 Speaker 1: among us are paying their fair share, and that is 262 00:15:00,040 --> 00:15:03,440 Speaker 1: important to do, and that is something that uh, you know, 263 00:15:03,480 --> 00:15:06,400 Speaker 1: the President has been you know, working on every day 264 00:15:06,440 --> 00:15:08,960 Speaker 1: when we talk about inflation and lowering costs, and so 265 00:15:09,000 --> 00:15:13,520 Speaker 1: it's very important that you know, as we're seeing costs rise, 266 00:15:14,240 --> 00:15:17,560 Speaker 1: as we're talking about how to you know, uh, you know, 267 00:15:17,680 --> 00:15:21,320 Speaker 1: build America that's safe, that's equal for everyone and doesn't 268 00:15:21,360 --> 00:15:24,760 Speaker 1: leave everything behind. That is an important part of that 269 00:15:24,880 --> 00:15:29,920 Speaker 1: as well. But how taxes on corporations lower the cost 270 00:15:29,960 --> 00:15:32,040 Speaker 1: of gas, the cost of used car, the cost of 271 00:15:32,080 --> 00:15:35,640 Speaker 1: food for everyday Americans. So look, I think we encourage 272 00:15:35,680 --> 00:15:38,720 Speaker 1: those who have done very well, right, especially those who 273 00:15:38,960 --> 00:15:43,200 Speaker 1: terify climate change, to support a fair tax code that 274 00:15:43,240 --> 00:15:48,080 Speaker 1: doesn't change, that doesn't charge manufactures, workers, cops, builders a 275 00:15:48,200 --> 00:15:51,520 Speaker 1: higher percentage of their earnings that the most fortunate people 276 00:15:51,600 --> 00:15:54,600 Speaker 1: of our nation and not let that stand in the 277 00:15:54,640 --> 00:15:58,440 Speaker 1: way of reducing energy costs and fighting this existential problem 278 00:15:58,480 --> 00:16:00,960 Speaker 1: if you think about that as an example. And to 279 00:16:01,040 --> 00:16:05,160 Speaker 1: support basic collective bargaining rights as well, right, that's also important, 280 00:16:05,160 --> 00:16:09,280 Speaker 1: but it is you know, by not without having a 281 00:16:09,320 --> 00:16:11,960 Speaker 1: fair tax code, which is what I'm talking about, then 282 00:16:12,280 --> 00:16:16,280 Speaker 1: all every like manufacturing workers, cops. You know, it's not 283 00:16:16,400 --> 00:16:19,520 Speaker 1: fair for them to have to pay higher taxes. Kind 284 00:16:19,560 --> 00:16:22,280 Speaker 1: of conversations. Who are who are who are not paying 285 00:16:22,280 --> 00:16:25,720 Speaker 1: taxes at all? Inflation? The President says he wants to 286 00:16:25,760 --> 00:16:28,800 Speaker 1: thrying down inflation. Let's make sure the wealthiest corporations pay 287 00:16:28,800 --> 00:16:32,160 Speaker 1: their fair share. Jeff Bezos came out and tweeted about that. 288 00:16:32,240 --> 00:16:36,320 Speaker 1: He said the newly created Disinformation Board should review this tweet. 289 00:16:36,400 --> 00:16:38,360 Speaker 1: Would you be okay with that? Look, it's not a 290 00:16:38,400 --> 00:16:42,240 Speaker 1: huge mystery why one of the wealthiest individuals on earth, right, 291 00:16:42,360 --> 00:16:46,440 Speaker 1: opposes an economic agenda that is for the middle class, 292 00:16:46,480 --> 00:16:49,400 Speaker 1: that cuts some of the biggest cause families face fights 293 00:16:49,440 --> 00:16:52,000 Speaker 1: inflation for the long haul, right, And that's what we're 294 00:16:52,000 --> 00:16:55,960 Speaker 1: talking about. That's why we're talking about lowering inflation here 295 00:16:56,200 --> 00:16:59,080 Speaker 1: and adds to the historic deficit reduction the president is 296 00:16:59,080 --> 00:17:03,080 Speaker 1: achieving by asking the richest taxpayers and corporations to pair 297 00:17:03,160 --> 00:17:05,960 Speaker 1: their fair share. That is what we're talking about. And 298 00:17:06,000 --> 00:17:08,720 Speaker 1: how does that lower prices? Yeah, a couple of people 299 00:17:08,720 --> 00:17:11,040 Speaker 1: who analyze this sad looks like she was just reading 300 00:17:11,080 --> 00:17:14,320 Speaker 1: talking points from for a different question, a jumble of 301 00:17:14,359 --> 00:17:18,919 Speaker 1: talking points and buzzwords. She threw in climate change. Yeah, 302 00:17:18,960 --> 00:17:23,720 Speaker 1: and collective bargaining, right, collecting. I mean, that may be 303 00:17:24,200 --> 00:17:28,520 Speaker 1: the worst answer you'll ever hear from a presidential spokesul. 304 00:17:28,600 --> 00:17:31,640 Speaker 1: I mean, just the worst answer. It makes Kamala Harris 305 00:17:32,040 --> 00:17:35,520 Speaker 1: seemed like a Shakespearean player, doesn't it. Yeah, she was 306 00:17:35,600 --> 00:17:39,280 Speaker 1: strange words salad, it was where it was diarrhea. It's 307 00:17:39,359 --> 00:17:42,840 Speaker 1: just a diarrhea of random words thrown together. There was not. 308 00:17:43,760 --> 00:17:48,480 Speaker 1: There's absolutely zero connection between corporate tax rates and inflation. 309 00:17:48,880 --> 00:17:54,240 Speaker 1: In fact, first segment where we told you that companies 310 00:17:54,359 --> 00:17:59,280 Speaker 1: are companies profits are shrinking because they're not passing on 311 00:18:00,080 --> 00:18:04,520 Speaker 1: the price increases that they have to pay their suppliers. 312 00:18:04,960 --> 00:18:08,120 Speaker 1: So companies profits are going down. Therefore, these stock markets 313 00:18:08,160 --> 00:18:14,160 Speaker 1: going down. Inflation has been causing the opposite problem for corporations, 314 00:18:14,160 --> 00:18:17,560 Speaker 1: not that they're making more money, they're making less money. Right, 315 00:18:18,359 --> 00:18:20,600 Speaker 1: That's some of the reasons of stock market tank today. 316 00:18:20,720 --> 00:18:24,320 Speaker 1: That's right. Lots of companies in this quarter have missed 317 00:18:24,600 --> 00:18:28,399 Speaker 1: their earnings target because they have been reluctant to pass 318 00:18:28,520 --> 00:18:32,560 Speaker 1: on the increases to the public. The inflation is worse 319 00:18:32,640 --> 00:18:35,640 Speaker 1: than you're paying, but the companies are eating some of it. 320 00:18:36,440 --> 00:18:39,080 Speaker 1: They can't do that forever. That's where you go on 321 00:18:39,200 --> 00:18:41,760 Speaker 1: a business So I mean that it may be the 322 00:18:41,760 --> 00:18:44,800 Speaker 1: most idiotic, embarrassing answer you were ever going to hear 323 00:18:45,440 --> 00:18:48,320 Speaker 1: the first day tough, all right when we come back. Yeah, 324 00:18:48,359 --> 00:18:51,080 Speaker 1: you heard Peter Ducey mentioned the disinformation board from the 325 00:18:51,119 --> 00:18:53,240 Speaker 1: Department of Homeland Security that was announced just a couple 326 00:18:53,240 --> 00:18:57,760 Speaker 1: of weeks ago. It's been paused, that's the term they paused, 327 00:18:58,600 --> 00:19:01,800 Speaker 1: and the lady behind it, who will review her background again, 328 00:19:02,640 --> 00:19:04,480 Speaker 1: is looking for a new job. More coming up every 329 00:19:04,560 --> 00:19:08,080 Speaker 1: day of you FROMISM John kenshokfi Hey, just to hot 330 00:19:08,119 --> 00:19:11,920 Speaker 1: off the presses here, the recall District Attorney George Gascone 331 00:19:11,920 --> 00:19:15,520 Speaker 1: campaign has announced that they have surpassed four hundred and 332 00:19:15,520 --> 00:19:21,200 Speaker 1: fifty thousand signatures. Yes, fifty days to go to qualify 333 00:19:21,280 --> 00:19:24,080 Speaker 1: this for the ballot. The deadline for a submission is 334 00:19:24,200 --> 00:19:27,080 Speaker 1: July sixth. That's really only fifty days away already. H 335 00:19:28,000 --> 00:19:30,200 Speaker 1: So this is their announcement and that was as of 336 00:19:30,320 --> 00:19:33,240 Speaker 1: May thirteenth, so that's a few days ago actually. So 337 00:19:33,560 --> 00:19:36,960 Speaker 1: they're claiming thousands more are coming in daily, millions of 338 00:19:36,960 --> 00:19:39,879 Speaker 1: petitions still being nailed out. And in case you am 339 00:19:40,000 --> 00:19:42,879 Speaker 1: not following this, they have to get to five hundred 340 00:19:42,880 --> 00:19:47,800 Speaker 1: and sixty seven thousand good signatures, so they're looking obviously 341 00:19:47,800 --> 00:19:49,639 Speaker 1: to get a bit more. I think they're trying to 342 00:19:49,680 --> 00:19:53,560 Speaker 1: aim for maybe close to seven hundred thousand signatures collected, 343 00:19:53,560 --> 00:19:55,920 Speaker 1: so ones that are thrown out, they can still get 344 00:19:56,040 --> 00:19:59,399 Speaker 1: enough to qualify the recall for the ballot, and it 345 00:19:59,400 --> 00:20:02,520 Speaker 1: would be enough November. That's right, and he will be recalled. 346 00:20:03,720 --> 00:20:07,000 Speaker 1: Will go to recall da George Gascone dot com and 347 00:20:07,160 --> 00:20:10,480 Speaker 1: you could download, print out your own petition and mail 348 00:20:10,520 --> 00:20:13,239 Speaker 1: it in there you go, that's what you ought to do. 349 00:20:13,400 --> 00:20:16,280 Speaker 1: And that would be such a huge win. That would 350 00:20:16,320 --> 00:20:20,920 Speaker 1: be a fantastic, exciting, overwhelming victory over this, this this 351 00:20:21,080 --> 00:20:25,000 Speaker 1: destructive fool. It would make people feel like something is 352 00:20:25,119 --> 00:20:29,119 Speaker 1: changing in terms of the direction of things actually the 353 00:20:29,119 --> 00:20:32,280 Speaker 1: criminal justice system. So and if you notice lately he's 354 00:20:32,280 --> 00:20:36,359 Speaker 1: been maneuvering a bit to put out stories that seemed 355 00:20:36,400 --> 00:20:40,000 Speaker 1: to be more sympathetic. Maybe I'm changing my policies. Here's 356 00:20:40,280 --> 00:20:44,080 Speaker 1: a piece I wrote about victims. He's trying, but just 357 00:20:44,119 --> 00:20:46,240 Speaker 1: too light and too little. And really he's got a 358 00:20:46,280 --> 00:20:49,600 Speaker 1: gun anyway, because he's probably just faking. He is faking it. 359 00:20:49,960 --> 00:20:53,359 Speaker 1: The day he survives, he'll go back to the old stuff, 360 00:20:53,359 --> 00:20:58,000 Speaker 1: and it's been very minor concessions anyway, very limited. He's 361 00:20:58,320 --> 00:21:02,560 Speaker 1: he's he's a dishonest not to be trusted. A couple 362 00:21:02,640 --> 00:21:04,800 Speaker 1: of weeks ago, the word came from the Department of 363 00:21:04,840 --> 00:21:11,920 Speaker 1: Homeland Security that they were assembling a disinformation board. This 364 00:21:12,000 --> 00:21:14,680 Speaker 1: is one of the weirdest things I've ever seen come 365 00:21:14,720 --> 00:21:17,440 Speaker 1: out of government, and that that's saying a lot. This 366 00:21:17,480 --> 00:21:19,720 Speaker 1: has just turned out to be a pr nightmare too, 367 00:21:19,760 --> 00:21:23,280 Speaker 1: because everyone realized what is that supposed to be? It 368 00:21:23,400 --> 00:21:26,560 Speaker 1: sounds like government censorship. Well it's exactly what it was. 369 00:21:27,760 --> 00:21:30,920 Speaker 1: The woman that they picked a head the disinformation board 370 00:21:31,160 --> 00:21:35,080 Speaker 1: made the story even weirder. Her name is Nina Jenkowitz. 371 00:21:35,720 --> 00:21:38,880 Speaker 1: Never even heard of her before, but that's how they tapped. 372 00:21:39,200 --> 00:21:43,040 Speaker 1: This is a woman that declared immediately the Hunter Biden 373 00:21:43,119 --> 00:21:47,520 Speaker 1: laptop was Russian disinformation. On top of that, she's been 374 00:21:47,520 --> 00:21:50,840 Speaker 1: wrong on so many other issues, I think, including what 375 00:21:50,880 --> 00:21:54,080 Speaker 1: the Russian dossier that on Trump she was she was 376 00:21:54,080 --> 00:21:59,679 Speaker 1: pushing the Russian dossier. She claimed that in twenty sixteen, 377 00:21:59,680 --> 00:22:02,360 Speaker 1: when Up was running, that he had ties to some 378 00:22:03,160 --> 00:22:06,239 Speaker 1: Russian Alpha Bank, which was at the center of the 379 00:22:06,280 --> 00:22:11,520 Speaker 1: whole Russia conspiracy claim, and it was it was totally phony. 380 00:22:11,800 --> 00:22:15,840 Speaker 1: And she also pushed the idea that Hunter Biden was 381 00:22:16,160 --> 00:22:21,119 Speaker 1: a Russian disinformation story. She promoted that heavily, the idea 382 00:22:21,160 --> 00:22:24,000 Speaker 1: that there was no there was no laptop, there was 383 00:22:24,000 --> 00:22:27,240 Speaker 1: no Hunter Biden email, cash, none of that stuff. So 384 00:22:27,280 --> 00:22:30,400 Speaker 1: even if you even vaguely believed in something like this 385 00:22:30,800 --> 00:22:32,960 Speaker 1: that there should be somebody from the government who tries 386 00:22:33,000 --> 00:22:36,160 Speaker 1: to set the story straight, like Russian propaganda that's dropped 387 00:22:36,160 --> 00:22:38,720 Speaker 1: on to Facebook, you wouldn't pick this woman because clearly 388 00:22:38,760 --> 00:22:43,359 Speaker 1: she's really incredibly biased. Well, so the ruler today is 389 00:22:43,880 --> 00:22:48,720 Speaker 1: they have paused the disinformation board. Paused is the word. 390 00:22:49,400 --> 00:22:54,199 Speaker 1: Here's a reminder of Nina Jankowitz. Apparently she liked to 391 00:22:54,320 --> 00:22:59,639 Speaker 1: make little videos where she sang her opinion and viewpoint 392 00:22:59,680 --> 00:23:04,480 Speaker 1: about disinformation to the tune of the Mary Poppin's classic 393 00:23:04,680 --> 00:23:08,080 Speaker 1: super color fragilistic. Well here we go. Honoring is really 394 00:23:08,160 --> 00:23:10,800 Speaker 1: quite ferrogious. It's when a hups to take some lines 395 00:23:10,840 --> 00:23:13,760 Speaker 1: and makes them sound proposed. She's by saying lonon Congress 396 00:23:13,880 --> 00:23:18,800 Speaker 1: or and mainstream outlet, So disinformation's origins are slightly less atrocious. 397 00:23:20,359 --> 00:23:22,399 Speaker 1: It's how you hidle a lighted lie. It's how you 398 00:23:22,440 --> 00:23:24,119 Speaker 1: had a little idled lie. It's how you had a 399 00:23:24,160 --> 00:23:27,080 Speaker 1: little iidled lie. When Rudy Juliani shared that in Tan 400 00:23:27,160 --> 00:23:29,560 Speaker 1: from Ukraine, or when TikTok and blue and so to 401 00:23:29,720 --> 00:23:33,359 Speaker 1: say covid cantos pain, they're laundering descentful when we really 402 00:23:33,359 --> 00:23:36,200 Speaker 1: should take note and not support their lies with our 403 00:23:36,240 --> 00:23:40,640 Speaker 1: wallet voice, or note how information honoring is really quite ferocious. 404 00:23:40,640 --> 00:23:42,520 Speaker 1: It's when a hucks to take some line and makes 405 00:23:42,520 --> 00:23:45,680 Speaker 1: them sound proposcious by saying then in congress or mainstream 406 00:23:45,680 --> 00:23:52,360 Speaker 1: out let, so this information's origin seems slightly less atrocious. 407 00:23:52,359 --> 00:23:55,000 Speaker 1: She really wanted to do musical theater, didn't She was 408 00:23:55,119 --> 00:23:58,040 Speaker 1: going to be in charge of the disinformation board. And 409 00:23:58,200 --> 00:24:00,880 Speaker 1: by the way, the cover story is, oh the Russians 410 00:24:00,960 --> 00:24:05,520 Speaker 1: then Chinese were peddling disinformation to disrupt our democracy. No, 411 00:24:05,800 --> 00:24:08,960 Speaker 1: it was to go after the Republicans and conservatives on 412 00:24:09,000 --> 00:24:11,760 Speaker 1: social media. That's what it was for. Because if you 413 00:24:11,880 --> 00:24:16,639 Speaker 1: listened to her lyrics, she was talking about about COVID 414 00:24:16,720 --> 00:24:20,880 Speaker 1: stuff for example. Right if somebody went online and said 415 00:24:20,960 --> 00:24:27,320 Speaker 1: something protesting the vaccines, for example, then they would get 416 00:24:27,359 --> 00:24:29,800 Speaker 1: shut down, which is what they've been doing on social media, 417 00:24:29,840 --> 00:24:32,720 Speaker 1: you can't have an opposing opinion, even though many of 418 00:24:32,720 --> 00:24:34,919 Speaker 1: those opposing opinions turned out to be correct in the 419 00:24:34,960 --> 00:24:40,000 Speaker 1: long run. Her idea was, if you're on Twitter, you 420 00:24:40,080 --> 00:24:43,920 Speaker 1: may know about verified Twitter users. These are people who 421 00:24:44,000 --> 00:24:48,240 Speaker 1: provide their identification and their photo and an email address, 422 00:24:48,480 --> 00:24:51,760 Speaker 1: and then Twitter can verify that the person tweeting on 423 00:24:51,800 --> 00:24:54,359 Speaker 1: this account really is that person. They're a real, a 424 00:24:54,440 --> 00:24:59,000 Speaker 1: real thing. And so she thought that verified Twitter users 425 00:24:59,560 --> 00:25:06,800 Speaker 1: could edit other Twitter users tweets in case the verified 426 00:25:06,880 --> 00:25:11,040 Speaker 1: user thinks that the tweet is misleading. So you would 427 00:25:11,080 --> 00:25:15,600 Speaker 1: have like a supercommittee of verified users and they would 428 00:25:15,640 --> 00:25:20,080 Speaker 1: decide what the appropriate opinion is and what the what 429 00:25:20,200 --> 00:25:26,480 Speaker 1: the proper facts are. And this is what it was about. 430 00:25:26,560 --> 00:25:30,639 Speaker 1: It's to shut down other people's opinions that they find 431 00:25:30,760 --> 00:25:34,239 Speaker 1: disagreeable or wrong, which is not the first Amendment. We 432 00:25:34,320 --> 00:25:37,560 Speaker 1: get to express our opinions in any matter, even if 433 00:25:37,600 --> 00:25:42,359 Speaker 1: we are disagreeable or wrong. Too bad, go find another country. 434 00:25:42,440 --> 00:25:45,320 Speaker 1: They're trying to find her another place, either in DHS 435 00:25:45,480 --> 00:25:48,600 Speaker 1: or in the Biden administration. And their goodbye statements today 436 00:25:48,640 --> 00:25:54,720 Speaker 1: they said, oh, the board was mischaracterized by the media, mischaracterized, misrepresented, 437 00:25:54,800 --> 00:25:56,679 Speaker 1: you know, I don't understand what we're actually trying to do. 438 00:25:56,840 --> 00:26:01,040 Speaker 1: I always laugh when a democratic administration complain about the media. 439 00:26:01,119 --> 00:26:05,280 Speaker 1: When the media largely acts as a megaphone and a 440 00:26:05,280 --> 00:26:09,760 Speaker 1: public relations agency for the administration, there's very little criticism. 441 00:26:09,760 --> 00:26:12,560 Speaker 1: I mean, do we have we played any clips of 442 00:26:12,600 --> 00:26:16,760 Speaker 1: a penetrating question from any reporter other than Peter Doocey 443 00:26:16,800 --> 00:26:20,679 Speaker 1: at the right? And is there anything Peter Doocy has 444 00:26:20,680 --> 00:26:22,400 Speaker 1: asked it has been out a line or has been 445 00:26:22,440 --> 00:26:26,439 Speaker 1: spot on from what the average person cares about. All right, 446 00:26:26,480 --> 00:26:30,080 Speaker 1: we got more covered up this. We're in the age 447 00:26:30,119 --> 00:26:34,560 Speaker 1: of monumental horsecrap. John and Ken. We're bringing the Moist 448 00:26:34,600 --> 00:26:37,440 Speaker 1: line back day after tomorrow. So here's an invitation to 449 00:26:37,520 --> 00:26:39,440 Speaker 1: leave a message. You can do it through the app 450 00:26:39,960 --> 00:26:43,160 Speaker 1: using the talkback feature of the little microphone or dial 451 00:26:43,200 --> 00:26:46,000 Speaker 1: up one eight seven seven Moist eighty six like the 452 00:26:46,240 --> 00:26:48,720 Speaker 1: usual one eight seven seven six six four seven eight 453 00:26:48,680 --> 00:26:53,760 Speaker 1: eighty six. He's described as an activist slash landlord. We're 454 00:26:53,800 --> 00:26:56,160 Speaker 1: gonna bring John Ali back onto the show after three 455 00:26:56,200 --> 00:26:59,200 Speaker 1: o'clock for an update on Santa Monica. He has been 456 00:26:59,440 --> 00:27:03,280 Speaker 1: tireless dealing with the homeless and crime problem in that city. 457 00:27:03,600 --> 00:27:06,680 Speaker 1: He brought in Sheriff vien Auava for a community discussion. 458 00:27:07,080 --> 00:27:10,399 Speaker 1: He says two hundred people attended, plus six hundred watched 459 00:27:10,400 --> 00:27:15,359 Speaker 1: on Facebook people attended live. So um one council member 460 00:27:15,440 --> 00:27:18,080 Speaker 1: seems to be lending an ear and a concern to 461 00:27:18,119 --> 00:27:21,280 Speaker 1: the problem. One we had him on Phil bred did 462 00:27:21,680 --> 00:27:24,520 Speaker 1: and I think it's the only Santa Monica City we've 463 00:27:24,520 --> 00:27:26,240 Speaker 1: ever had on the show that. I don't know if 464 00:27:26,240 --> 00:27:29,000 Speaker 1: you've been to the Santa Monica Promenade recently, but it's 465 00:27:29,520 --> 00:27:34,240 Speaker 1: been destroyed. It's been destroyed. It was where I moved 466 00:27:34,240 --> 00:27:35,800 Speaker 1: to town. It was one of the coolest places to 467 00:27:35,840 --> 00:27:39,240 Speaker 1: go to and now it's been ruined by crime and 468 00:27:39,400 --> 00:27:44,560 Speaker 1: vagrance and the Santa Monica City Council every day does nothing, 469 00:27:45,200 --> 00:27:47,800 Speaker 1: does nothing to slow down the decay, and businesses are 470 00:27:47,880 --> 00:27:51,440 Speaker 1: closing up and getting out, and there's not there's less 471 00:27:51,440 --> 00:27:53,080 Speaker 1: and less every day to go see there, and you 472 00:27:53,119 --> 00:27:58,040 Speaker 1: really don't feel safe walking around, especially in the dark. Yeah, 473 00:27:58,119 --> 00:28:02,880 Speaker 1: all right, well, we had of a growing problem. It's 474 00:28:02,920 --> 00:28:05,680 Speaker 1: not huge, but it's being monitored here in the US 475 00:28:05,760 --> 00:28:09,320 Speaker 1: by the CDC, and of course overseas it is the 476 00:28:09,400 --> 00:28:12,200 Speaker 1: monkey pox and it's only bring up the story because 477 00:28:12,200 --> 00:28:14,919 Speaker 1: I love to say monkey pox. You've heard of chicken pox. 478 00:28:15,320 --> 00:28:18,200 Speaker 1: This is monkey box. Not hard to understand, is it. 479 00:28:18,840 --> 00:28:21,040 Speaker 1: Would you like those little pussy things growing on your 480 00:28:21,040 --> 00:28:27,399 Speaker 1: body described as fluid filled blisters. Imagine a fluid filled 481 00:28:27,440 --> 00:28:31,760 Speaker 1: blister of monkey box on your face, hands and feet 482 00:28:31,800 --> 00:28:35,760 Speaker 1: on your face, Yes, on your face. Oh did you 483 00:28:36,080 --> 00:28:41,360 Speaker 1: have chicken box? Yes? I had some on my face. 484 00:28:41,440 --> 00:28:47,720 Speaker 1: I think I did. Um did because I monkey pox. 485 00:28:47,760 --> 00:28:50,280 Speaker 1: By the way, the outbreak is largely in England, Portugal 486 00:28:50,320 --> 00:28:52,640 Speaker 1: and Spain. But I can tell you this afternoon, we 487 00:28:52,760 --> 00:28:55,360 Speaker 1: have the first US confirmed case from this outbreak. It's 488 00:28:55,360 --> 00:28:58,880 Speaker 1: somebody in Massachusetts who traveled to Canada. Yeah, and well, 489 00:28:58,920 --> 00:29:04,000 Speaker 1: they were looking at six Americans. They were potential monkeypox 490 00:29:04,160 --> 00:29:06,719 Speaker 1: victims because of the people on that flight. They were 491 00:29:06,760 --> 00:29:10,000 Speaker 1: on a flight with a British patient and they sat 492 00:29:10,040 --> 00:29:12,400 Speaker 1: within three rows of the guy on a seven hour 493 00:29:12,520 --> 00:29:15,560 Speaker 1: flight from Nigeria to the UK. Now here's what you 494 00:29:15,640 --> 00:29:18,520 Speaker 1: need to know. You can cause a fever, body yaches, 495 00:29:18,800 --> 00:29:21,200 Speaker 1: your lymph nodes can be enlarged, and eventually you can 496 00:29:21,240 --> 00:29:25,080 Speaker 1: get those blisters we just talked about. One version is 497 00:29:25,160 --> 00:29:27,440 Speaker 1: quite deadly and does kill up to ten percent of 498 00:29:27,520 --> 00:29:31,240 Speaker 1: people infected. But the version currently in England the fatality 499 00:29:31,320 --> 00:29:33,800 Speaker 1: rate is less than one percent. But isn't that where 500 00:29:33,800 --> 00:29:36,760 Speaker 1: COVID is we really crunch the numbers. That's right, So 501 00:29:36,840 --> 00:29:39,560 Speaker 1: we should have exactly the same panic. We should be 502 00:29:39,600 --> 00:29:43,680 Speaker 1: panicking over monkeypox. I'm waiting for it. That's why I 503 00:29:43,840 --> 00:29:46,760 Speaker 1: mentioned this story. You're right, It's exactly what I'm thinking. 504 00:29:46,760 --> 00:29:49,040 Speaker 1: When are we going to panic over monkey pods? It's 505 00:29:49,120 --> 00:29:52,719 Speaker 1: really scary as you can you can pass it, you can. 506 00:29:53,280 --> 00:29:57,320 Speaker 1: You can get it from sexual transmission. Yeah, person to 507 00:29:57,440 --> 00:29:59,640 Speaker 1: person transmission is in common. You have to have close 508 00:29:59,720 --> 00:30:03,080 Speaker 1: con tack with bodily fluids like saliva or pus from 509 00:30:03,080 --> 00:30:05,080 Speaker 1: the legion. But but if you have lesions on your 510 00:30:05,440 --> 00:30:08,200 Speaker 1: on your member there, you could rupt your the lesion 511 00:30:10,000 --> 00:30:12,720 Speaker 1: and are you then the monkey pox pus? This is 512 00:30:12,760 --> 00:30:17,880 Speaker 1: your sexual transmission explanation? Well, yeah, you lesion on your 513 00:30:17,960 --> 00:30:22,800 Speaker 1: You can get lesions on your and your is a condom, right, 514 00:30:22,880 --> 00:30:27,520 Speaker 1: then the friction causes the blister to pop and puffs goes. 515 00:30:27,560 --> 00:30:29,840 Speaker 1: Now you have monkey pox puts spilling all over your 516 00:30:30,200 --> 00:30:34,719 Speaker 1: your area there. Wow, uh no, it's awful, don't you know, 517 00:30:35,560 --> 00:30:38,680 Speaker 1: don't don't have sex with somebody who's got monkey pox. Now, 518 00:30:38,720 --> 00:30:41,000 Speaker 1: the cases in England are few, but the people didn't 519 00:30:41,040 --> 00:30:44,280 Speaker 1: travel to Africa, where this is more common. So what 520 00:30:44,360 --> 00:30:47,320 Speaker 1: do they call it? John? We now know community transmission. 521 00:30:47,600 --> 00:30:49,760 Speaker 1: We learned that from COVID. Didn't we all coughing and 522 00:30:49,760 --> 00:30:55,440 Speaker 1: sneezing spread it too? That's right. Um, these cases didn't 523 00:30:55,440 --> 00:30:57,560 Speaker 1: even have contact with the case known to have traveled 524 00:30:57,600 --> 00:31:02,520 Speaker 1: to Nigeria. So it does apparently point to the fact 525 00:31:02,520 --> 00:31:05,320 Speaker 1: that the virus is spreading in the community undetected. You 526 00:31:05,360 --> 00:31:09,720 Speaker 1: can get it from squirrels. Squirrels, it was monkey pox. 527 00:31:11,320 --> 00:31:15,120 Speaker 1: I don't know. Maybe it should be called squirrel pox. Yeah, 528 00:31:15,360 --> 00:31:21,880 Speaker 1: squirrel pox. Uh, just don't go near animals. Animals are 529 00:31:21,880 --> 00:31:24,280 Speaker 1: disgusting and they have all kinds of weird viruses. But 530 00:31:24,280 --> 00:31:26,960 Speaker 1: it's funny you said that because here's an interview with 531 00:31:27,000 --> 00:31:30,400 Speaker 1: a couple of experts from UCLA. How about that the 532 00:31:30,520 --> 00:31:32,240 Speaker 1: name is a bit of a misnomer. It should be 533 00:31:32,360 --> 00:31:36,280 Speaker 1: rodent pox. Rodent pox that you mentioned squirrels, right, Yeah, 534 00:31:36,440 --> 00:31:40,800 Speaker 1: the virus likely persistent squirrels, post rats, dor mice or 535 00:31:40,840 --> 00:31:44,720 Speaker 1: another rodent poscht rats. I usually have scrambled rats primarily 536 00:31:44,760 --> 00:31:47,560 Speaker 1: caught through an animal bite or a scratch in contact 537 00:31:47,560 --> 00:31:50,360 Speaker 1: with the bodily fluid. Then it can spread to other 538 00:31:50,400 --> 00:31:52,600 Speaker 1: people through the coughing and the sneezing or the contact 539 00:31:52,600 --> 00:31:55,440 Speaker 1: with the pus. Right, like the word puss, and then 540 00:31:55,440 --> 00:31:57,440 Speaker 1: you get pus is like moist. Remember people serve they 541 00:31:57,440 --> 00:31:59,680 Speaker 1: didn't like the word moist. Yeah, I don't like the 542 00:31:59,680 --> 00:32:02,480 Speaker 1: word us. I have never liked the word pus. Far 543 00:32:02,560 --> 00:32:04,760 Speaker 1: more negative reaction I have to that than voice and 544 00:32:04,880 --> 00:32:10,640 Speaker 1: moist puss. That's the worst of all. I don't But 545 00:32:10,680 --> 00:32:13,600 Speaker 1: they say it does not actually spread very well between people. 546 00:32:14,280 --> 00:32:16,240 Speaker 1: The infection rate is much lower than that of something 547 00:32:16,240 --> 00:32:19,640 Speaker 1: like I'm not touching anybody. I'm not touching a squirrel. 548 00:32:20,480 --> 00:32:25,720 Speaker 1: I'm not touching a rat. There was an outbreak in 549 00:32:25,720 --> 00:32:29,400 Speaker 1: two thousand and three, anybody remember now it was contained 550 00:32:29,480 --> 00:32:34,080 Speaker 1: very quickly. Several giant post rats and squirrels tested positive 551 00:32:34,080 --> 00:32:37,000 Speaker 1: of the virus and spread it to prairie dogs being 552 00:32:37,040 --> 00:32:40,440 Speaker 1: sold to people in the Midwest. Forty seven people caught 553 00:32:40,440 --> 00:32:42,239 Speaker 1: the disease from the prairie bar Right, what are they 554 00:32:42,280 --> 00:32:45,240 Speaker 1: doing with their prairie dogs. Well, it could be a 555 00:32:45,280 --> 00:32:49,640 Speaker 1: bitter or scratch, or they tried to pet it and Yeah, 556 00:32:49,720 --> 00:32:52,640 Speaker 1: it gets lonely out there on the farm, right, and 557 00:32:52,840 --> 00:32:55,280 Speaker 1: the monkey pox is not new. It's been around for centuries, 558 00:32:55,480 --> 00:32:59,800 Speaker 1: even possibly millennia, they say in the story. So all right, 559 00:33:00,080 --> 00:33:02,200 Speaker 1: when we come back, we're going to talk again to 560 00:33:02,320 --> 00:33:04,600 Speaker 1: a Santa Monica businessman by the name of John Alley. 561 00:33:05,200 --> 00:33:07,960 Speaker 1: He has been persistent and that's why we recognize his 562 00:33:08,000 --> 00:33:10,720 Speaker 1: efforts in trying to clean up Santa Monica with the 563 00:33:10,720 --> 00:33:13,960 Speaker 1: homeless problem and the crime problems. And he's been holding 564 00:33:13,960 --> 00:33:17,160 Speaker 1: all sorts of meetings with officials. He got sheriff in 565 00:33:17,160 --> 00:33:19,080 Speaker 1: a waiver to come in there, and he's going to 566 00:33:19,200 --> 00:33:21,120 Speaker 1: update us on where he is in this. And Santa 567 00:33:21,160 --> 00:33:25,320 Speaker 1: Monica officials don't care how destructive their policies are. Well, 568 00:33:25,320 --> 00:33:31,200 Speaker 1: they deny that there's a problem. I guess John and 569 00:33:31,280 --> 00:33:34,800 Speaker 1: Kent show and Debra Mark is on vacation for another day. 570 00:33:34,880 --> 00:33:38,120 Speaker 1: Mark Ronner has the news Capiam sixporting it's never been 571 00:33:38,160 --> 00:33:41,760 Speaker 1: more important to diversify your financial portfolio. Well, that's right. 572 00:33:42,040 --> 00:33:44,960 Speaker 1: The S ANDP is down twenty percent from the last year, 573 00:33:44,960 --> 00:33:47,640 Speaker 1: and this year looks even worse. 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