1 00:00:00,600 --> 00:00:02,000 Speaker 1: Kf I AM six forty. 2 00:00:02,040 --> 00:00:04,240 Speaker 2: You're listening to the John and Ken Show on demand 3 00:00:04,320 --> 00:00:10,040 Speaker 2: on the iHeartRadio app live on the radio for one 4 00:00:10,080 --> 00:00:13,440 Speaker 2: until four, and then after four o'clock it's Johnny Ken 5 00:00:13,520 --> 00:00:15,360 Speaker 2: on demand the podcast, so you can catch up on 6 00:00:15,400 --> 00:00:18,599 Speaker 2: what you miss We have been talking off and on 7 00:00:18,680 --> 00:00:22,119 Speaker 2: about all afternoon the two planes that flew into Sacramento 8 00:00:22,200 --> 00:00:26,200 Speaker 2: carrying thirty six illegal immigrants. DeSantis set this up with 9 00:00:26,239 --> 00:00:34,320 Speaker 2: a flight from New Mexico. And I found what speech 10 00:00:34,360 --> 00:00:39,239 Speaker 2: that Newsom gave because Newsom's very upset. He's threatening kidnapping charges, 11 00:00:39,520 --> 00:00:47,640 Speaker 2: human trafficking charges against DeSantis. He said back in January 12 00:00:47,720 --> 00:00:51,600 Speaker 2: twenty nineteen when he first got inaugurated governor that California 13 00:00:51,880 --> 00:00:55,040 Speaker 2: will quote be a sanctuary to all who seek it. 14 00:00:57,200 --> 00:01:00,320 Speaker 2: That was among his first words spoke. And is the 15 00:01:00,320 --> 00:01:02,960 Speaker 2: governor of California a sanctuary to all? 16 00:01:04,240 --> 00:01:06,000 Speaker 3: Well, he's not saying they're not going to welcome them, 17 00:01:06,000 --> 00:01:08,920 Speaker 3: but he just thinks it was underhanded to do this. 18 00:01:09,080 --> 00:01:12,400 Speaker 1: So what that they were deceived? This is the best place. 19 00:01:12,640 --> 00:01:15,880 Speaker 2: What you're being imagined being deceived and you're sent to 20 00:01:15,959 --> 00:01:17,560 Speaker 2: the best place in America. 21 00:01:17,680 --> 00:01:17,920 Speaker 1: Huh. 22 00:01:17,920 --> 00:01:20,280 Speaker 3: They're complaining because they have court date papers in the 23 00:01:20,280 --> 00:01:22,960 Speaker 3: courts are in New York and places far away from. 24 00:01:22,760 --> 00:01:25,399 Speaker 2: Sacond so you could fix that. We got court was cruel. 25 00:01:26,080 --> 00:01:28,119 Speaker 2: We got to take a bus. But wow, I mean 26 00:01:28,160 --> 00:01:33,160 Speaker 2: that was That was one of those opening lines. Well 27 00:01:33,319 --> 00:01:34,600 Speaker 2: he's a phony. 28 00:01:36,360 --> 00:01:39,560 Speaker 3: Now, we have spent a lot of time since the 29 00:01:39,600 --> 00:01:44,679 Speaker 3: pandemic talking about the rampant fraud that affected the Employment 30 00:01:44,760 --> 00:01:50,760 Speaker 3: Development Department, that's California's unemployment office. Thirty billion plus dollars 31 00:01:51,200 --> 00:01:56,840 Speaker 3: ripped off from our unemployment system by all sorts of fraudsters. 32 00:01:56,200 --> 00:01:58,919 Speaker 1: Including prisoners and prisoners friends. 33 00:01:59,760 --> 00:02:03,040 Speaker 3: Uh, We've mentioned this story many times, but now we're 34 00:02:03,040 --> 00:02:05,120 Speaker 3: going to move to another one that's kind of under 35 00:02:05,120 --> 00:02:08,000 Speaker 3: the radar, and it comes from a term that has 36 00:02:08,080 --> 00:02:10,840 Speaker 3: really gotten popular in the last few years. It is 37 00:02:10,880 --> 00:02:15,400 Speaker 3: the term ghosting. John, You've heard the term ghosting. People 38 00:02:15,440 --> 00:02:17,400 Speaker 3: say this a lot when with dates or people they know. 39 00:02:17,480 --> 00:02:18,280 Speaker 3: I got ghosted. 40 00:02:19,280 --> 00:02:22,040 Speaker 2: I've heard it with a couple of guys who run 41 00:02:22,080 --> 00:02:25,600 Speaker 2: restaurants have told me they get ghosted by job applicants. 42 00:02:26,080 --> 00:02:29,640 Speaker 2: They're hired, but they never show even what's. 43 00:02:29,480 --> 00:02:31,600 Speaker 3: The loss there, except you feel like you've got the 44 00:02:31,720 --> 00:02:33,079 Speaker 3: position filled and then you don't. 45 00:02:33,160 --> 00:02:35,639 Speaker 1: But you're not paying anything, like. 46 00:02:35,680 --> 00:02:37,919 Speaker 2: They've been ghosted. It's like, yeah, you start. 47 00:02:37,720 --> 00:02:39,519 Speaker 1: Monday, Monday comes no sign of them. 48 00:02:40,120 --> 00:02:45,040 Speaker 3: Well, this is about the California community college system and 49 00:02:45,480 --> 00:02:51,080 Speaker 3: ghost students. You see, colleges are very aggressive and trying 50 00:02:51,080 --> 00:02:53,239 Speaker 3: to recruit students, and one of the things that's become 51 00:02:53,520 --> 00:02:55,800 Speaker 3: very popular in the last I don't know, ten years. 52 00:02:55,880 --> 00:02:58,800 Speaker 3: You see all the commercials. You can get your degree online. 53 00:02:59,480 --> 00:03:02,200 Speaker 3: That's right. You don't have to actually physically come to 54 00:03:02,240 --> 00:03:06,000 Speaker 3: a classroom, study online, take your tests online, get your 55 00:03:06,040 --> 00:03:07,800 Speaker 3: diploma online. 56 00:03:07,880 --> 00:03:11,080 Speaker 2: We have a fake school. We're offering a fake degree online. 57 00:03:11,360 --> 00:03:14,320 Speaker 3: Well, in this case, they aren't fake schools, they're real 58 00:03:14,320 --> 00:03:18,320 Speaker 3: community colleges, but the students are fake and it's because 59 00:03:19,080 --> 00:03:23,359 Speaker 3: the fraudsters are looking for financial aid. The story starts 60 00:03:23,360 --> 00:03:25,560 Speaker 3: out with a great one manned by the name of 61 00:03:25,639 --> 00:03:29,800 Speaker 3: Richard Valacenti. He got a check in the mail for 62 00:03:29,840 --> 00:03:33,400 Speaker 3: fourteen hundred dollars last summer. The US Department of Education 63 00:03:33,520 --> 00:03:36,400 Speaker 3: notified him the money was a mistake. It was an 64 00:03:36,440 --> 00:03:39,480 Speaker 3: overpayment of a three thousand dollars pel grant. He used 65 00:03:39,520 --> 00:03:43,720 Speaker 3: to attend Saddleback College in Orange County. Well Valescenti is 66 00:03:43,760 --> 00:03:46,600 Speaker 3: sixty four years old, and he never applied for any pelgrants. 67 00:03:47,640 --> 00:03:51,080 Speaker 3: He's actually a radiation on collegist at UC Davis. He's 68 00:03:51,120 --> 00:03:52,640 Speaker 3: never even heard of Saddleback College. 69 00:03:53,520 --> 00:03:54,400 Speaker 1: So they used his. 70 00:03:54,400 --> 00:03:58,400 Speaker 3: Personal information to make him a student, a ghost student, 71 00:03:58,440 --> 00:04:00,760 Speaker 3: to apply for money grant money. 72 00:04:01,040 --> 00:04:02,600 Speaker 1: That's what the fraudsters are up to. 73 00:04:03,360 --> 00:04:05,680 Speaker 3: And when you read this story in the San Francisco 74 00:04:05,760 --> 00:04:09,640 Speaker 3: Chronicle that they get away with this at an alarmingly 75 00:04:09,800 --> 00:04:14,000 Speaker 3: high rate. More than four hundred and sixty thousand of 76 00:04:14,080 --> 00:04:17,880 Speaker 3: the two point three million requests to the California Community 77 00:04:17,880 --> 00:04:22,400 Speaker 3: College online application system since July alone, it's about twenty 78 00:04:22,400 --> 00:04:25,200 Speaker 3: percent or probably scammers think about that. 79 00:04:25,240 --> 00:04:26,400 Speaker 1: Those numbers can pile. 80 00:04:26,279 --> 00:04:29,880 Speaker 2: Up, what's four hundred and sixty thousand times how many dollars? 81 00:04:30,240 --> 00:04:31,720 Speaker 1: Yeah, yeah, that's a. 82 00:04:32,480 --> 00:04:35,400 Speaker 3: Community Colleges are required to accept any student in the 83 00:04:35,440 --> 00:04:38,280 Speaker 3: state with a high school diploma, and a social security 84 00:04:38,360 --> 00:04:41,120 Speaker 3: number is not required to apply for that. 85 00:04:41,240 --> 00:04:43,360 Speaker 2: And there you go, because you let in so many 86 00:04:43,360 --> 00:04:47,920 Speaker 2: illegal aliens, and these stupid progressives say, well, we can't 87 00:04:47,920 --> 00:04:51,520 Speaker 2: require social security numbers. Not everyone has. It's a social 88 00:04:51,560 --> 00:04:54,960 Speaker 2: security number. That's just not fair. Well, this is what happens. 89 00:04:55,040 --> 00:04:57,679 Speaker 2: And then they close the schools because of their stupid 90 00:04:57,720 --> 00:05:02,279 Speaker 2: COVID Bannock. Look at all the layers of stupid here. Okay, yeah, 91 00:05:02,320 --> 00:05:07,080 Speaker 2: there's no social Security number. COVID shuts down the schools forever. 92 00:05:07,240 --> 00:05:09,400 Speaker 1: And then you're allowed to take. 93 00:05:09,200 --> 00:05:13,200 Speaker 2: Your course online. Nobody ever has to see your face. 94 00:05:13,920 --> 00:05:15,960 Speaker 2: You can take your online course. You don't have to 95 00:05:16,000 --> 00:05:16,800 Speaker 2: have your screen on. 96 00:05:17,640 --> 00:05:17,880 Speaker 1: Yeah. 97 00:05:18,920 --> 00:05:22,080 Speaker 3: If the fraudsters are human, but they use bots, software 98 00:05:22,120 --> 00:05:26,040 Speaker 3: algorithms to mimic enrolled students. They talk to Kim Rich, 99 00:05:26,080 --> 00:05:29,960 Speaker 3: a criminal justice instructor at Pierce College near La who 100 00:05:30,000 --> 00:05:32,400 Speaker 3: says that she's got to ferret out. 101 00:05:32,200 --> 00:05:33,240 Speaker 1: These fake students. 102 00:05:34,000 --> 00:05:36,880 Speaker 3: She looks for consecutive ID numbers, similar email patterns that 103 00:05:36,920 --> 00:05:40,120 Speaker 3: don't match student names and birth dates from the sixties 104 00:05:40,120 --> 00:05:42,200 Speaker 3: and seventies and indicate that these people are too. 105 00:05:42,040 --> 00:05:44,720 Speaker 1: Old for community college. Well, why didn't you make them 106 00:05:44,760 --> 00:05:47,800 Speaker 1: come in to get their loan? Well, eventually they do. 107 00:05:47,960 --> 00:05:50,760 Speaker 1: That is that often happens? Yes? Do you think banks 108 00:05:50,800 --> 00:05:51,039 Speaker 1: do this? 109 00:05:51,160 --> 00:05:53,440 Speaker 2: You think Bank of America does it for people who 110 00:05:53,480 --> 00:05:54,479 Speaker 2: want to get a mortgage. 111 00:05:55,000 --> 00:05:58,520 Speaker 3: The Chancellor's office now requires colleges to send monthly reports 112 00:05:58,520 --> 00:06:03,680 Speaker 3: of their fake students and administrators. Apparently in one case 113 00:06:03,680 --> 00:06:07,120 Speaker 3: at City College in San Francisco, twenty nine bogus students 114 00:06:07,120 --> 00:06:11,320 Speaker 3: received over twenty two thousand dollars in pelgrants. Administrators just 115 00:06:11,400 --> 00:06:14,160 Speaker 3: blocked five hundred and five ghost students from this summer's 116 00:06:14,160 --> 00:06:18,520 Speaker 3: classes and more than forty three hundred suspicious enrollments. More 117 00:06:18,600 --> 00:06:22,160 Speaker 3: than ten percent were probably a fake students. 118 00:06:22,200 --> 00:06:23,120 Speaker 1: And how many got through. 119 00:06:25,480 --> 00:06:28,680 Speaker 2: They're only talking about the ones that they that they caught, right, 120 00:06:28,839 --> 00:06:31,719 Speaker 2: but there's probably hundreds and thousands that blew through. 121 00:06:33,200 --> 00:06:38,000 Speaker 3: So this Pierce College story, this woman had two eight 122 00:06:38,040 --> 00:06:40,359 Speaker 3: week classes that were supposed to begin on April tenth. 123 00:06:40,839 --> 00:06:45,120 Speaker 3: Each were filled with forty students by early March, so 124 00:06:45,160 --> 00:06:46,960 Speaker 3: she was asked to teach another. It filled up in 125 00:06:47,000 --> 00:06:51,240 Speaker 3: a week. She was kind of shocked after she analyzed 126 00:06:51,240 --> 00:06:54,120 Speaker 3: her three rosters. Enrollment in one class dropped from forty 127 00:06:54,160 --> 00:06:56,560 Speaker 3: to twenty nine and another down to twenty two, and 128 00:06:56,600 --> 00:07:00,000 Speaker 3: the last of just two students started at the face 129 00:07:00,040 --> 00:07:04,520 Speaker 3: it was the same bots right well, one department eliminated 130 00:07:04,560 --> 00:07:07,720 Speaker 3: eighty ghost students and another eighty showed up within an hour. 131 00:07:08,600 --> 00:07:09,720 Speaker 1: Eighty ghosts an hour. 132 00:07:11,240 --> 00:07:14,520 Speaker 3: Total enrollment appears was at seventy seven hundred before the 133 00:07:14,560 --> 00:07:17,600 Speaker 3: college's eight week classes began this spring. By the time 134 00:07:17,640 --> 00:07:21,040 Speaker 3: instructors cleared the ghosts, enrollment was down to just under 135 00:07:21,080 --> 00:07:22,120 Speaker 3: five thousand. 136 00:07:22,240 --> 00:07:25,320 Speaker 2: Just like that, So like a third of the enrollment 137 00:07:25,840 --> 00:07:28,400 Speaker 2: was fake and they were looking for money. 138 00:07:28,880 --> 00:07:30,680 Speaker 3: Well, you can see how easy this is to do 139 00:07:30,720 --> 00:07:33,160 Speaker 3: this because you're just doing this all by remote. 140 00:07:33,600 --> 00:07:36,080 Speaker 1: Yeah, explications. So why did you end all that? 141 00:07:36,600 --> 00:07:39,440 Speaker 2: How about you want to enroll and you want money, 142 00:07:39,960 --> 00:07:42,880 Speaker 2: then you have to show up, and you show up 143 00:07:42,920 --> 00:07:45,440 Speaker 2: and we want to see ID and we want your fingerprint. 144 00:07:46,840 --> 00:07:48,920 Speaker 3: Well, some have rules you have to show up at 145 00:07:48,960 --> 00:07:52,280 Speaker 3: least once to the class, because that would defeat the 146 00:07:52,320 --> 00:07:55,520 Speaker 3: point of recruiting more students who can who can't get 147 00:07:55,600 --> 00:07:57,920 Speaker 3: to the college because they have jobs or whatever, so 148 00:07:58,440 --> 00:08:00,880 Speaker 3: they want to work on their own time. Are stealing 149 00:08:00,920 --> 00:08:03,600 Speaker 3: the idea of people who are sixty five years old. 150 00:08:04,080 --> 00:08:06,560 Speaker 1: Right, Yeah, that's what he did, right, They took this 151 00:08:06,600 --> 00:08:07,280 Speaker 1: guy's a dinnery. 152 00:08:07,360 --> 00:08:09,400 Speaker 2: Right, So when you have to show up, then okay, 153 00:08:09,400 --> 00:08:12,880 Speaker 2: that scam is toast. There's no way around it. Once 154 00:08:12,920 --> 00:08:16,360 Speaker 2: you need real bodies to show up in class. God, 155 00:08:16,640 --> 00:08:19,880 Speaker 2: that's the whole bureaucracy in California, from top to bottom, 156 00:08:20,280 --> 00:08:23,280 Speaker 2: is stupid. And lazy, and they don't care about all 157 00:08:23,320 --> 00:08:27,320 Speaker 2: this money that gets blown out. It's nobody cares start 158 00:08:27,360 --> 00:08:28,880 Speaker 2: stupid tax money. 159 00:08:29,800 --> 00:08:30,680 Speaker 1: Well, apparently some. 160 00:08:30,600 --> 00:08:33,480 Speaker 3: Of the college people interviewed here, the strisils are trying 161 00:08:33,480 --> 00:08:34,440 Speaker 3: to define the master. 162 00:08:34,559 --> 00:08:39,199 Speaker 2: Yes, the professor cares because she has a class scheduled 163 00:08:39,200 --> 00:08:43,120 Speaker 2: for eighty kids and now there's two or something like that. 164 00:08:43,360 --> 00:08:47,040 Speaker 2: So yeah, she cares. But the people who set up 165 00:08:47,040 --> 00:08:51,000 Speaker 2: the system, they don't think for five minutes, like, well, 166 00:08:51,040 --> 00:08:54,400 Speaker 2: what's gonna happen if we never require a human being 167 00:08:54,880 --> 00:08:59,280 Speaker 2: to engage with us personally, what's gonna happen? You're giving 168 00:08:59,320 --> 00:09:05,400 Speaker 2: away free I mean it's obvious, especially after the Edd 169 00:09:05,559 --> 00:09:08,880 Speaker 2: scandal where they blew thirty billion dollars on all the 170 00:09:08,880 --> 00:09:10,000 Speaker 2: worldwide fraudsters. 171 00:09:10,520 --> 00:09:14,120 Speaker 1: Of course, this goes on constantly, all day, all night. 172 00:09:14,640 --> 00:09:19,000 Speaker 2: There are thousands, hundreds of thousands of people around the planet. 173 00:09:20,000 --> 00:09:23,839 Speaker 2: We're scamming one program or another. All right, we got 174 00:09:23,840 --> 00:09:27,240 Speaker 2: more coming up. John and Ken KFI A M six forty. 175 00:09:27,240 --> 00:09:29,480 Speaker 2: We're live everywhere the iHeartRadio app. 176 00:09:30,240 --> 00:09:33,600 Speaker 4: You're listening to John and Ken on demand from KFI 177 00:09:33,840 --> 00:09:34,760 Speaker 4: AM six forty. 178 00:09:36,400 --> 00:09:38,000 Speaker 3: We're on the air from one to four. So if 179 00:09:38,040 --> 00:09:40,080 Speaker 3: you don't hear the show live, pick it up after 180 00:09:40,080 --> 00:09:43,360 Speaker 3: four o'clock. We'll post up the on demand John and 181 00:09:43,440 --> 00:09:47,120 Speaker 3: Ken sometime right after four o'clock. You go to KFIAM 182 00:09:47,160 --> 00:09:52,000 Speaker 3: six forty dot com or use the iHeartRadio app. We 183 00:09:52,120 --> 00:09:57,679 Speaker 3: had mentioned last week that a major insurance company had 184 00:09:57,720 --> 00:10:00,560 Speaker 3: announced that was not going to offer any new home 185 00:10:00,559 --> 00:10:06,040 Speaker 3: insurance policies in California. That company that we mentioned last 186 00:10:06,040 --> 00:10:09,800 Speaker 3: week was State Farm. Well, it has been revealed that 187 00:10:09,960 --> 00:10:15,720 Speaker 3: All State is also not taking on any new home 188 00:10:15,760 --> 00:10:20,560 Speaker 3: insurance policies. This, of course, is the way business is 189 00:10:20,600 --> 00:10:25,880 Speaker 3: done in California. We have elected officials who decide that somehow, 190 00:10:26,400 --> 00:10:29,400 Speaker 3: companies like the oil companies are all evil, right, so 191 00:10:29,440 --> 00:10:32,120 Speaker 3: we try to restrict their business in some fashion, and 192 00:10:32,200 --> 00:10:33,439 Speaker 3: they have to make decisions. 193 00:10:33,760 --> 00:10:35,160 Speaker 1: One of the reasons for this. 194 00:10:35,160 --> 00:10:39,280 Speaker 3: Problem in California is these insurance companies are limited in 195 00:10:39,360 --> 00:10:42,440 Speaker 3: how much they can raise the rates to cover their losses. 196 00:10:43,120 --> 00:10:45,720 Speaker 1: So if your response is, well, they're bluffing. 197 00:10:46,280 --> 00:10:50,720 Speaker 3: They're probably making record profits and paying their executive way 198 00:10:50,760 --> 00:10:51,280 Speaker 3: too much. 199 00:10:51,760 --> 00:10:52,640 Speaker 1: Well, if that. 200 00:10:52,679 --> 00:10:56,160 Speaker 3: Were true, then they would continue to do business because 201 00:10:56,240 --> 00:11:01,200 Speaker 3: they'd be reaping the rewards. Instead, these two insurance companies 202 00:11:01,200 --> 00:11:04,400 Speaker 3: have announced they're no longer taken on property insurance because 203 00:11:04,440 --> 00:11:06,800 Speaker 3: it ain't working for us. I mean, the bottom line 204 00:11:06,800 --> 00:11:10,040 Speaker 3: with most businesses that operate in the real world profit 205 00:11:10,120 --> 00:11:14,079 Speaker 3: and loss, not in the government world, is that when businesses, 206 00:11:14,160 --> 00:11:16,560 Speaker 3: you've got to make decisions, and when business hits a downturn, 207 00:11:16,960 --> 00:11:19,000 Speaker 3: you have to decide what to do. And in this case, 208 00:11:19,360 --> 00:11:21,640 Speaker 3: they're going to allow the insurance who are already with 209 00:11:21,720 --> 00:11:23,960 Speaker 3: the company to stay on, but they're not taking on 210 00:11:24,040 --> 00:11:26,800 Speaker 3: any new customers, which could really hurt people looking to 211 00:11:26,800 --> 00:11:30,560 Speaker 3: buy homes because a lot of people want homeowners insurance, right, 212 00:11:31,200 --> 00:11:32,880 Speaker 3: that's protection it is. 213 00:11:33,520 --> 00:11:37,320 Speaker 2: I know firsthand it is harder to get insurance and 214 00:11:37,559 --> 00:11:40,720 Speaker 2: everything is more expensive, and part of it is the 215 00:11:40,760 --> 00:11:45,079 Speaker 2: policies from the idiot California government. This this cal fart Lara, 216 00:11:45,120 --> 00:11:49,760 Speaker 2: who's the insurance commissioner that the dumb poops in California elected. 217 00:11:50,480 --> 00:11:53,520 Speaker 2: He could not run a vegetable stand and he's in 218 00:11:53,600 --> 00:11:56,240 Speaker 2: charge of the entire insurance industry, and he has these 219 00:11:56,280 --> 00:12:01,800 Speaker 2: crazy restrictions on restricting the rates. So they're gonna just 220 00:12:01,880 --> 00:12:04,000 Speaker 2: they're gonna go and and this is what happened at 221 00:12:04,000 --> 00:12:07,319 Speaker 2: three hundred and fifty companies have moved out of California 222 00:12:07,400 --> 00:12:12,600 Speaker 2: in the last four years because what these boneheads don't 223 00:12:12,679 --> 00:12:16,560 Speaker 2: understanding government is that a company can always move, a 224 00:12:16,679 --> 00:12:19,839 Speaker 2: person can always move. You can only take so much 225 00:12:19,920 --> 00:12:22,679 Speaker 2: from their income, from their profits, you can only restrict 226 00:12:22,679 --> 00:12:25,720 Speaker 2: their business so much, and then they can leave and 227 00:12:25,760 --> 00:12:29,000 Speaker 2: they do, right, and the arrogance that well, they're not 228 00:12:29,040 --> 00:12:31,240 Speaker 2: gonna leave, Yes they will. Oh, what did I read? 229 00:12:31,280 --> 00:12:32,960 Speaker 2: What did I read the other day? You know, in 230 00:12:33,040 --> 00:12:37,040 Speaker 2: Norway they tried one of these, uh these wealth taxes 231 00:12:37,120 --> 00:12:40,280 Speaker 2: where they will tax you based on your net worth, 232 00:12:40,840 --> 00:12:44,119 Speaker 2: like every year you've got to pay a little percentage 233 00:12:44,160 --> 00:12:44,920 Speaker 2: of your total worth. 234 00:12:45,160 --> 00:12:46,600 Speaker 1: It's like a wealth tax. Yeah, you know what, you 235 00:12:46,600 --> 00:12:49,199 Speaker 1: know what's happened. California had that idea, but it got squashed. 236 00:12:49,960 --> 00:12:54,840 Speaker 2: The rich Norwegians we're talking Norwegians here, Okay, they moved out. 237 00:12:55,360 --> 00:12:58,520 Speaker 2: They went to Switzerland, which is the tax one of 238 00:12:58,600 --> 00:12:59,760 Speaker 2: the tax havens of Europe. 239 00:13:00,160 --> 00:13:03,000 Speaker 1: They simply left, and they ended up with less. 240 00:13:02,720 --> 00:13:09,600 Speaker 2: Revenue coming from these wealthy people then what they got 241 00:13:09,640 --> 00:13:10,640 Speaker 2: before the tax. 242 00:13:11,320 --> 00:13:15,319 Speaker 1: Their their revenues actually went down from the wealthy group. 243 00:13:15,840 --> 00:13:19,640 Speaker 2: Because people just go they reorganized their business, they reorganized 244 00:13:19,679 --> 00:13:23,000 Speaker 2: their personal life and they're you know, they're saving seven 245 00:13:23,080 --> 00:13:27,400 Speaker 2: seven figures. Sometimes you can't beat rich people. You have 246 00:13:27,440 --> 00:13:31,280 Speaker 2: to accept if people are wealthy, they're gonna win, They're 247 00:13:31,320 --> 00:13:33,520 Speaker 2: not gonna pay the tax you want, and they're gonna 248 00:13:33,520 --> 00:13:35,400 Speaker 2: move somewhere else where nobody's bothering. 249 00:13:36,200 --> 00:13:36,880 Speaker 1: Yes, there are. 250 00:13:36,880 --> 00:13:39,080 Speaker 3: Very few wealthy people who act as some of the 251 00:13:39,080 --> 00:13:40,199 Speaker 3: celebrities acting. 252 00:13:40,080 --> 00:13:42,920 Speaker 1: Oh sure, I'll pay more taxes. I'd be happy to pay. 253 00:13:42,720 --> 00:13:46,000 Speaker 2: More tax except they don't remember that story. Last week 254 00:13:46,000 --> 00:13:48,240 Speaker 2: we had oh yeah. 255 00:13:48,080 --> 00:13:51,640 Speaker 3: About the la real estate right, Dale's went crazy in 256 00:13:51,720 --> 00:13:54,120 Speaker 3: March and stopped in April because of the new tax. Right, 257 00:13:54,200 --> 00:13:57,719 Speaker 3: there were some a list names who mysteriously sold their 258 00:13:57,760 --> 00:14:03,240 Speaker 3: mansions in the last week of March. Home insurance is 259 00:14:03,280 --> 00:14:05,800 Speaker 3: not required by federal California law, but a lot of 260 00:14:05,840 --> 00:14:09,839 Speaker 3: people choose to have it because of fires, floods, burglaries, 261 00:14:10,000 --> 00:14:13,760 Speaker 3: other events. Most people decide that it's worth paying the 262 00:14:13,800 --> 00:14:18,120 Speaker 3: price to have homeowners insurance. State regulators in recent years 263 00:14:18,120 --> 00:14:21,120 Speaker 3: have struck down attempts by insurance companies to raise property 264 00:14:21,200 --> 00:14:24,360 Speaker 3: rates to offset their inflation costs, because, as you know, 265 00:14:24,400 --> 00:14:27,320 Speaker 3: we had a run of fires and then the cost 266 00:14:27,320 --> 00:14:31,080 Speaker 3: of rebuilding has gotten really construction costs, historic increases. 267 00:14:31,160 --> 00:14:34,200 Speaker 2: I can't believe how ignorance so many people are in 268 00:14:34,200 --> 00:14:37,120 Speaker 2: this state, not just the politicians, but the people. People 269 00:14:37,160 --> 00:14:41,120 Speaker 2: bitching and complain about the cost of insurance. You're building 270 00:14:41,120 --> 00:14:43,720 Speaker 2: in a fire zone. Why do you think the insurance 271 00:14:43,800 --> 00:14:46,840 Speaker 2: rate is so high because you're building in a fire zone. 272 00:14:46,880 --> 00:14:49,360 Speaker 2: If you don't want to pay insurance, don't build in 273 00:14:49,400 --> 00:14:53,040 Speaker 2: a fire zone. It's like people in Florida bitching about Oh, 274 00:14:53,160 --> 00:14:55,800 Speaker 2: the hurks is the hurricanes, The insurance is way up. 275 00:14:56,120 --> 00:14:58,160 Speaker 2: Don't build a hurricane zone, then. 276 00:14:58,440 --> 00:15:03,760 Speaker 3: Right, insure yourself and save up enough money to rebuild 277 00:15:03,800 --> 00:15:04,160 Speaker 3: your home. 278 00:15:04,240 --> 00:15:06,000 Speaker 1: If it gets burnt down. 279 00:15:05,840 --> 00:15:08,560 Speaker 2: Then you go pay for your own repairs after the 280 00:15:08,640 --> 00:15:10,720 Speaker 2: latest hurricane blotch at your house. 281 00:15:11,520 --> 00:15:13,160 Speaker 3: Well, there were days I look at some of my 282 00:15:13,240 --> 00:15:15,480 Speaker 3: insurance bills and I think maybe I should self insure, 283 00:15:15,560 --> 00:15:18,840 Speaker 3: because sometimes I, like, you know, I pay all these 284 00:15:18,960 --> 00:15:22,320 Speaker 3: money and premiums and car insurance and hold insurance and 285 00:15:22,440 --> 00:15:24,800 Speaker 3: earthquake insurance, and I'm like, all right, none of this 286 00:15:24,840 --> 00:15:27,360 Speaker 3: has really happened, right, I haven't had any big car accidents, 287 00:15:27,400 --> 00:15:29,480 Speaker 3: and I haven't had my home burned down, and I 288 00:15:29,520 --> 00:15:31,840 Speaker 3: haven't had an earthquake. Oh, sorry, devil Mark, take us away. 289 00:15:31,920 --> 00:15:34,920 Speaker 3: But I guess that day would come. But you pay 290 00:15:34,960 --> 00:15:37,640 Speaker 3: those bills, you know, every year or every half year, 291 00:15:37,680 --> 00:15:38,880 Speaker 3: and you're like, oh my god. 292 00:15:38,840 --> 00:15:41,160 Speaker 2: After a while, you're starting a route for something to happen, 293 00:15:41,280 --> 00:15:42,440 Speaker 2: just so you could get some of the money. You 294 00:15:42,440 --> 00:15:46,400 Speaker 2: can get a payoff exactly. Nice big earthquake based in 295 00:15:46,440 --> 00:15:51,040 Speaker 2: Woodland Hills. Yeah, yeah, I just I'm getting glared at. 296 00:15:51,960 --> 00:15:55,360 Speaker 3: Yeah, that's not don't wish that on her. It's stressful enough. 297 00:15:55,400 --> 00:15:55,600 Speaker 2: I know. 298 00:15:55,680 --> 00:15:57,160 Speaker 3: I was going to say, come on, I have too 299 00:15:57,200 --> 00:16:02,040 Speaker 3: many sleepless nights already worrying about earthquakes. Then the other 300 00:16:02,080 --> 00:16:05,680 Speaker 3: thing they did is we mentioned this the other day. 301 00:16:06,080 --> 00:16:11,400 Speaker 3: They're they're allowing homeowners to get rat discounts if they 302 00:16:11,480 --> 00:16:15,320 Speaker 3: fireproofed their buildings. So the insurance company is saying, all right, 303 00:16:15,320 --> 00:16:17,000 Speaker 3: we can't raise the raids, and now you're getting the 304 00:16:17,040 --> 00:16:20,480 Speaker 3: customers chances for discounts that we have to accept. That's 305 00:16:20,520 --> 00:16:23,520 Speaker 3: going to hurt us even more to cover our costs, because, 306 00:16:24,120 --> 00:16:25,840 Speaker 3: as you know, from these fires, they've. 307 00:16:25,680 --> 00:16:28,360 Speaker 1: Paid out big box. And it's not just. 308 00:16:28,320 --> 00:16:31,320 Speaker 3: The fires, but that's probably the biggest expense for these 309 00:16:31,480 --> 00:16:37,680 Speaker 3: insurance companies. According to the story, there's a one of 310 00:16:37,680 --> 00:16:42,440 Speaker 3: the big companies that's left is studying what to do. 311 00:16:43,440 --> 00:16:48,960 Speaker 3: They're Farmers Insurance, which is the second largest property insurance California. 312 00:16:49,320 --> 00:16:52,360 Speaker 3: Hasn't announced plans to stop issuing new home insurance policies, 313 00:16:52,560 --> 00:16:55,720 Speaker 3: but they're monitoring the California insurance marketplace carefully. 314 00:16:55,960 --> 00:16:57,080 Speaker 1: Well, you know what, I like the way they put that 315 00:16:57,120 --> 00:16:59,160 Speaker 1: we're monitoring this because. 316 00:16:58,800 --> 00:17:03,240 Speaker 2: You know, eventually some places become unensurable. I've read about 317 00:17:03,440 --> 00:17:11,280 Speaker 2: actors who have either terrible addiction problems that the movie 318 00:17:11,520 --> 00:17:15,800 Speaker 2: production companies can't get insurance to cover the production anymore. 319 00:17:15,880 --> 00:17:18,240 Speaker 2: Let's say like you have one hundred million dollar production, 320 00:17:18,640 --> 00:17:23,760 Speaker 2: but it depends on this star being in the movie. Well, 321 00:17:23,840 --> 00:17:26,840 Speaker 2: if this guy is so unreliable because of his addictions 322 00:17:27,240 --> 00:17:30,800 Speaker 2: or other physical illnesses, then the insurance company says, no, 323 00:17:31,359 --> 00:17:33,640 Speaker 2: he's liable to go down again, and we're not. We're 324 00:17:33,640 --> 00:17:36,760 Speaker 2: not going to cover one hundred million dollar loss and 325 00:17:37,119 --> 00:17:37,960 Speaker 2: the guy can't work. 326 00:17:38,560 --> 00:17:39,840 Speaker 1: The same thing with some athletes. 327 00:17:39,960 --> 00:17:45,240 Speaker 2: Sometimes some athletes are get so beat up with their 328 00:17:45,240 --> 00:17:48,520 Speaker 2: physical problems or whatever's going on that they're not ensurable 329 00:17:48,560 --> 00:17:52,800 Speaker 2: for the team and they can't play. So, you know, 330 00:17:53,240 --> 00:17:55,720 Speaker 2: and land is like that. Climate is like that. You know, 331 00:17:55,720 --> 00:17:59,400 Speaker 2: we've got areas in this state that are really uninsurable. 332 00:17:59,800 --> 00:18:03,119 Speaker 2: And the insurance companies that played a lawn up until 333 00:18:03,119 --> 00:18:05,879 Speaker 2: the point we had the fire, and then it was 334 00:18:05,920 --> 00:18:07,840 Speaker 2: so many billions of dollars worth of damage, they said, well, 335 00:18:07,880 --> 00:18:11,320 Speaker 2: we're not going to do that again. So you can't 336 00:18:11,320 --> 00:18:13,280 Speaker 2: live there unless you're going to cover your own losses. 337 00:18:13,640 --> 00:18:16,040 Speaker 3: Yeah, I was just looking up a U. I saw 338 00:18:16,080 --> 00:18:18,320 Speaker 3: this headline the other day. Oh, yeah, here it is. 339 00:18:18,760 --> 00:18:20,640 Speaker 3: You were just talking about some of the celebrities who 340 00:18:21,920 --> 00:18:26,359 Speaker 3: they reacted to the new LA real estate tax on 341 00:18:26,440 --> 00:18:29,200 Speaker 3: big property sales by selling their properties before the tax 342 00:18:29,240 --> 00:18:33,280 Speaker 3: went into effect. From opposite land. You know the Marvel movies. 343 00:18:33,960 --> 00:18:37,359 Speaker 3: The actor Mark Ruffalo, Yeah, he played the Hulk in 344 00:18:37,359 --> 00:18:41,320 Speaker 3: those movies. He thinks they should tax billionaires at ninety percent. 345 00:18:42,000 --> 00:18:45,119 Speaker 3: They'd still be fabulously rich, and you'd have the resources 346 00:18:45,119 --> 00:18:47,320 Speaker 3: to rebuild a healthy and happy middle chure at class 347 00:18:47,359 --> 00:18:51,680 Speaker 3: across the nation. He's a tax batis at ninety percent there, 348 00:18:52,040 --> 00:18:53,760 Speaker 3: who's supposed to tax them? 349 00:18:54,040 --> 00:18:55,800 Speaker 1: Federal government? Yeah, would be the federal company. 350 00:18:55,880 --> 00:18:58,679 Speaker 2: Yeah, they're gonna They're gonna leave the country. Then I 351 00:18:58,680 --> 00:19:03,280 Speaker 2: can stay around for that. They probably would, absolutely they would. 352 00:19:03,840 --> 00:19:07,920 Speaker 2: There is Oh, who's the uh, there's there's I think 353 00:19:07,920 --> 00:19:10,120 Speaker 2: it's Larry Ellison who runs Oracle. 354 00:19:10,480 --> 00:19:12,640 Speaker 1: Yes, kay, he runs. He runs that entire. 355 00:19:12,440 --> 00:19:15,080 Speaker 2: Company from a private island he owned somewhere out in 356 00:19:15,119 --> 00:19:15,640 Speaker 2: the Pacific. 357 00:19:16,560 --> 00:19:19,280 Speaker 1: Yeah. I mean, now you don't you don't have. 358 00:19:19,359 --> 00:19:22,199 Speaker 2: You don't have to run companies from the home office 359 00:19:22,200 --> 00:19:23,200 Speaker 2: in Seattle anymore. 360 00:19:23,480 --> 00:19:25,679 Speaker 1: You can do it from anywhere in the world and 361 00:19:25,720 --> 00:19:27,520 Speaker 1: then and then fly in and out. You don't have 362 00:19:27,600 --> 00:19:30,639 Speaker 1: to pick That guy is just a bozo? What a 363 00:19:30,720 --> 00:19:31,760 Speaker 1: what a rich jerk? 364 00:19:31,920 --> 00:19:35,200 Speaker 2: Why doesn't he voluntarily give up his ninety percent from 365 00:19:35,280 --> 00:19:36,240 Speaker 2: his Marvel movies? 366 00:19:36,960 --> 00:19:37,840 Speaker 1: Why doesn't he do that? 367 00:19:38,800 --> 00:19:41,199 Speaker 2: Why don't they tax ninety percent of the profits of 368 00:19:41,240 --> 00:19:44,040 Speaker 2: all these production companies. Let's see how long this guy 369 00:19:44,040 --> 00:19:44,800 Speaker 2: would be employed? 370 00:19:45,760 --> 00:19:47,359 Speaker 1: All right, we got more coming up. 371 00:19:47,400 --> 00:19:51,040 Speaker 3: Johnny kenkf I AM six forty live everywhere iHeartRadio app 372 00:19:51,119 --> 00:19:52,680 Speaker 3: we end up washing dishes. 373 00:19:53,440 --> 00:19:56,720 Speaker 4: You're listening to John and Ken on demand from kf 374 00:19:56,760 --> 00:19:58,280 Speaker 4: I AM six forty. 375 00:20:00,200 --> 00:20:00,960 Speaker 1: Till four o'clock. 376 00:20:01,320 --> 00:20:04,800 Speaker 2: Then after four o'clock, right'd you miss? Listen to the 377 00:20:04,880 --> 00:20:06,919 Speaker 2: Johnny kN podcast Johnny Kent on demand. 378 00:20:07,000 --> 00:20:08,160 Speaker 1: You could hear it all. 379 00:20:09,040 --> 00:20:12,760 Speaker 3: There's a lot about the newsome uproar over migrants being 380 00:20:12,800 --> 00:20:16,160 Speaker 3: sent to Sacramento. Oh heavens, thirty six of them. 381 00:20:16,200 --> 00:20:17,840 Speaker 2: Thirty six of them. 382 00:20:17,920 --> 00:20:20,600 Speaker 3: They're gonna go arrest. Ron dessentis the Florida governor. You 383 00:20:20,600 --> 00:20:23,760 Speaker 3: know all about that, and our coverage today of that story, 384 00:20:23,920 --> 00:20:26,040 Speaker 3: a couple of quick stories. It looks like it was 385 00:20:26,080 --> 00:20:28,760 Speaker 3: just a temporary action. The ports of la and Long Beach, 386 00:20:28,840 --> 00:20:32,320 Speaker 3: the workers appear to be back. Operations seem to be normal. 387 00:20:32,359 --> 00:20:35,800 Speaker 3: On Friday, there was something of a work stoppage because 388 00:20:35,800 --> 00:20:37,840 Speaker 3: they don't have a contract, and I guess they're getting 389 00:20:37,920 --> 00:20:39,520 Speaker 3: angry about that and they want to show their might 390 00:20:40,200 --> 00:20:42,960 Speaker 3: by stopping the goods from coming in. But I thought 391 00:20:42,960 --> 00:20:44,439 Speaker 3: the rush it was a few years ago when the 392 00:20:44,480 --> 00:20:46,840 Speaker 3: pandemic and all those ships got backed up out there 393 00:20:47,520 --> 00:20:51,840 Speaker 3: in the ocean. Also, Apple is now involved in the 394 00:20:52,160 --> 00:20:56,280 Speaker 3: headset thing, thirty five hundred dollars for the vision pro 395 00:20:56,880 --> 00:20:57,879 Speaker 3: These are goggles. 396 00:20:58,119 --> 00:21:02,400 Speaker 2: Do you see the photo that of their of their heads. 397 00:21:02,600 --> 00:21:04,800 Speaker 3: Yeah, I'm looking at it right now, and it looks 398 00:21:04,840 --> 00:21:07,840 Speaker 3: like scuba diving goggles or something. 399 00:21:07,800 --> 00:21:09,600 Speaker 1: That is a big, heavy helmet. 400 00:21:10,800 --> 00:21:14,640 Speaker 3: It's yeah, there's a woman wearing them in a picture. 401 00:21:14,680 --> 00:21:17,360 Speaker 3: I'm looking at this huge goggles in the front. It's 402 00:21:17,720 --> 00:21:19,480 Speaker 3: thirty five hundred dollars. I think is going to be 403 00:21:19,520 --> 00:21:22,119 Speaker 3: the price point seems a little extreme for a lot 404 00:21:22,160 --> 00:21:24,840 Speaker 3: of people, but I guess the appeal could be to gamers. 405 00:21:24,880 --> 00:21:29,480 Speaker 3: And it's supposed to combine both the VR world along 406 00:21:29,480 --> 00:21:31,200 Speaker 3: with stuff right in front of you. I'm not sure 407 00:21:31,200 --> 00:21:34,639 Speaker 3: how that works, but twelve camera, six microphones, a bunch 408 00:21:34,680 --> 00:21:37,919 Speaker 3: of sensors that allow you to control it in various 409 00:21:37,920 --> 00:21:40,200 Speaker 3: apps with just your eyes and your hands. 410 00:21:40,720 --> 00:21:41,800 Speaker 1: They apparently had worked on. 411 00:21:41,760 --> 00:21:44,159 Speaker 3: This for a long time, and I'm thinking, well, with 412 00:21:44,280 --> 00:21:48,480 Speaker 3: Facebook metas problems with their head you know, their head gear, 413 00:21:48,760 --> 00:21:50,439 Speaker 3: I didn't think anybody else was going to try this, 414 00:21:50,560 --> 00:21:53,520 Speaker 3: But Apple's putting out this product. 415 00:21:55,280 --> 00:21:56,760 Speaker 1: Yeah, see if they sell anybody. 416 00:21:57,040 --> 00:22:00,239 Speaker 3: Now we're going to talk now about a possible on 417 00:22:00,840 --> 00:22:07,200 Speaker 3: global environmental disaster. We have talked in the past as 418 00:22:07,240 --> 00:22:13,200 Speaker 3: we move towards, you know, alternative energy technologies, about battery disposal, 419 00:22:13,320 --> 00:22:16,560 Speaker 3: right the car batteries that are electric vehicles. What about 420 00:22:16,600 --> 00:22:21,280 Speaker 3: the solar panels. Quite a story here from the BBC 421 00:22:22,240 --> 00:22:25,920 Speaker 3: about what they're going to do with the solar panels. 422 00:22:26,440 --> 00:22:29,680 Speaker 3: They have a lifespan of up to twenty five years, 423 00:22:30,480 --> 00:22:33,439 Speaker 3: and by the year twenty fifty there could be a 424 00:22:33,440 --> 00:22:33,920 Speaker 3: lot of them. 425 00:22:33,840 --> 00:22:36,679 Speaker 1: That have to be replaced. What do you do with 426 00:22:36,760 --> 00:22:37,960 Speaker 1: the ones you remove? 427 00:22:39,600 --> 00:22:42,439 Speaker 3: One researcher says, there's going to be a waste mountain 428 00:22:42,480 --> 00:22:46,280 Speaker 3: by twenty fifty unless we can get recycling chains going now. 429 00:22:47,600 --> 00:22:51,000 Speaker 3: So they're working on the possibility where they think eventually 430 00:22:51,720 --> 00:22:55,679 Speaker 3: they can extract and reuse ninety nine percent of a 431 00:22:55,760 --> 00:23:00,240 Speaker 3: solar panel's contents. They can recycle the glass front and 432 00:23:00,280 --> 00:23:03,720 Speaker 3: the aluminum frames. But then what they really want to 433 00:23:03,720 --> 00:23:06,240 Speaker 3: do is get out the precious metals that are inside 434 00:23:06,280 --> 00:23:10,760 Speaker 3: the panels, within the panels, silver and copper, which are 435 00:23:10,760 --> 00:23:12,359 Speaker 3: typically very hard to extract. 436 00:23:12,400 --> 00:23:15,480 Speaker 2: Though you don't how many solar panels there are in 437 00:23:15,560 --> 00:23:17,919 Speaker 2: the world right now, I don't know two and a 438 00:23:17,920 --> 00:23:21,920 Speaker 2: half billion. According to doctor Ron Deng. 439 00:23:23,080 --> 00:23:24,840 Speaker 1: Do you have solar panel I do not have them. 440 00:23:24,840 --> 00:23:28,199 Speaker 2: But no, it didn't really work on our roof, just 441 00:23:28,240 --> 00:23:30,240 Speaker 2: the way our roof is designed. 442 00:23:30,960 --> 00:23:34,080 Speaker 1: Oh really, it's too complicated to explain. 443 00:23:34,160 --> 00:23:36,320 Speaker 3: But if I live in a cooler area, so that 444 00:23:36,440 --> 00:23:39,000 Speaker 3: don't really have outrageous condition. 445 00:23:39,800 --> 00:23:42,160 Speaker 2: But there was just not room the way the roof 446 00:23:42,240 --> 00:23:44,480 Speaker 2: was designed for them to put it put on enough 447 00:23:44,520 --> 00:23:45,720 Speaker 2: panels to make it worthwhile. 448 00:23:46,240 --> 00:23:49,200 Speaker 1: Oh okay, uh says here. 449 00:23:49,240 --> 00:23:52,919 Speaker 3: In many cases, solar units become relatively uneconomical before they 450 00:23:52,960 --> 00:23:55,960 Speaker 3: reach the end of their expected lifespan, but now more 451 00:23:56,000 --> 00:23:58,760 Speaker 3: efficient designs of all that regular intervals, meaning it can 452 00:23:58,800 --> 00:24:01,920 Speaker 3: prove cheaper to replace solar panels that are only ten 453 00:24:02,000 --> 00:24:05,120 Speaker 3: or fifteen years old with updated versions. I didn't think 454 00:24:05,160 --> 00:24:08,879 Speaker 3: of that. You're right, if a better solar panel comes 455 00:24:08,920 --> 00:24:12,199 Speaker 3: along that's more efficient and better for your home, you 456 00:24:12,320 --> 00:24:14,680 Speaker 3: might replace it sooner than the twenty five year life 457 00:24:14,680 --> 00:24:18,159 Speaker 3: I cited earlier, because this could be better for your 458 00:24:18,280 --> 00:24:21,119 Speaker 3: energy usage. So that means there could be more of 459 00:24:21,160 --> 00:24:25,720 Speaker 3: these removed and headed to the scrap bin well somewhere. 460 00:24:25,840 --> 00:24:29,720 Speaker 2: Yeah, there's the copper, silicon, and the silver, and over 461 00:24:29,800 --> 00:24:33,119 Speaker 2: sixty percent of the value is in three percent of 462 00:24:33,160 --> 00:24:37,840 Speaker 2: the weight of a solar panel, so it's difficult to 463 00:24:38,160 --> 00:24:41,800 Speaker 2: extract the copper, the silicon, and the silver from the 464 00:24:41,840 --> 00:24:42,639 Speaker 2: overall panel. 465 00:24:45,359 --> 00:24:45,960 Speaker 1: One plant. 466 00:24:46,240 --> 00:24:50,879 Speaker 3: In France, solar panels are painstakingly taken apart to recover 467 00:24:50,920 --> 00:24:54,560 Speaker 3: those precious metals that you mentioned. Each solar panel contains 468 00:24:54,600 --> 00:24:58,120 Speaker 3: only tiny fragments of these precious materials, and those fragments 469 00:24:58,160 --> 00:25:01,480 Speaker 3: are so intertwined with the other com oons that until 470 00:25:01,480 --> 00:25:04,000 Speaker 3: now it had not been economically viable to separate them. 471 00:25:04,040 --> 00:25:06,920 Speaker 3: But I guess this plant in France has figured out 472 00:25:06,960 --> 00:25:10,520 Speaker 3: some way to do it, maybe more efficiently. Yeah, you're right, 473 00:25:10,600 --> 00:25:13,040 Speaker 3: over sixty percent of the values contained in three percent 474 00:25:13,040 --> 00:25:15,120 Speaker 3: of the weight of the panels. Yeah, so that tells 475 00:25:15,119 --> 00:25:16,359 Speaker 3: you how on ei of that is and how you 476 00:25:16,400 --> 00:25:19,720 Speaker 3: really have to dig for what's worth anything in there? 477 00:25:20,000 --> 00:25:23,720 Speaker 3: Right right now, they just crush them right and shred 478 00:25:23,760 --> 00:25:25,000 Speaker 3: the waste. 479 00:25:25,320 --> 00:25:28,440 Speaker 1: Right. These are things that nobody thought about. 480 00:25:28,480 --> 00:25:30,760 Speaker 3: The same thing with the battery disposal for you know, 481 00:25:30,800 --> 00:25:33,840 Speaker 3: electric cars, No one really thought about how that could 482 00:25:33,880 --> 00:25:35,679 Speaker 3: be some sort of a nightmare, you know. 483 00:25:35,760 --> 00:25:41,359 Speaker 2: You know, there's everything is about excessive hype and hysteria now, 484 00:25:42,480 --> 00:25:46,359 Speaker 2: and I think I am reading now more and more 485 00:25:46,520 --> 00:25:52,600 Speaker 2: articles about people in politics and in the media and 486 00:25:52,680 --> 00:25:57,360 Speaker 2: other people in the industry going well, yeah, we don't have. 487 00:25:57,280 --> 00:25:58,280 Speaker 1: An electrical grid. 488 00:26:00,520 --> 00:26:03,399 Speaker 2: Yeah, there's nowhere to expose of these batteries after they 489 00:26:03,520 --> 00:26:05,480 Speaker 2: run its course, What are we gonna do with them? 490 00:26:06,600 --> 00:26:06,719 Speaker 5: Uh? 491 00:26:06,920 --> 00:26:09,560 Speaker 2: Yeah, we don't really have the materials to make the batteries, 492 00:26:09,560 --> 00:26:11,640 Speaker 2: do we They're all in other foreign countries. We don't 493 00:26:11,640 --> 00:26:15,560 Speaker 2: have any control over that. Like wow, and you just 494 00:26:15,600 --> 00:26:18,960 Speaker 2: read a few of these and they're not advocacy articles, 495 00:26:18,960 --> 00:26:22,159 Speaker 2: they're realistic. It's like, yeah, we don't control most of 496 00:26:22,200 --> 00:26:23,399 Speaker 2: the materials. 497 00:26:23,760 --> 00:26:26,680 Speaker 1: Yeah, we don't. 498 00:26:26,800 --> 00:26:30,240 Speaker 3: We don't have an electrical grid not probably not big 499 00:26:30,359 --> 00:26:33,240 Speaker 3: enough to support what we're planning. More coming up, Johnny 500 00:26:33,280 --> 00:26:36,360 Speaker 3: Ken k if I AM six forty. We're live everywhere. 501 00:26:36,400 --> 00:26:42,160 Speaker 2: It's the iHeartRadio app. I'm hungry, me too, debor Mark 502 00:26:42,280 --> 00:26:44,359 Speaker 2: Live the twenty four hour. Well, we can't split anything 503 00:26:44,640 --> 00:26:44,840 Speaker 2: right now. 504 00:26:44,880 --> 00:26:48,240 Speaker 1: I'm gonna go important. I'm gonna make some veggie stir fry. 505 00:26:48,359 --> 00:26:50,119 Speaker 1: I mean, if you want, somebody can bring you some 506 00:26:50,200 --> 00:26:52,040 Speaker 1: extra tomorrow. No, that's right. Thanks. 507 00:26:52,040 --> 00:26:56,400 Speaker 4: So you're listening to John and Ken on demand from 508 00:26:56,480 --> 00:26:58,080 Speaker 4: KFI AM six forty. 509 00:27:01,520 --> 00:27:05,639 Speaker 2: We're finishing up here after four o'clock. You've probably missed 510 00:27:05,640 --> 00:27:08,440 Speaker 2: a lot. Go to the iHeartRadio app for Johnny Cannon 511 00:27:08,480 --> 00:27:10,959 Speaker 2: demand the podcast. Catch up on it all. We had 512 00:27:10,960 --> 00:27:12,240 Speaker 2: a lot of stuff went on today. 513 00:27:12,720 --> 00:27:14,960 Speaker 3: More, you know, Slip John a message and maybe you'll 514 00:27:14,960 --> 00:27:16,840 Speaker 3: come to your house and do another three hour show. 515 00:27:16,640 --> 00:27:17,520 Speaker 1: Live and in person. 516 00:27:18,080 --> 00:27:20,400 Speaker 3: You know, I complain to get done too early now, 517 00:27:20,480 --> 00:27:23,879 Speaker 3: so I got plenty in me here, do you? 518 00:27:24,040 --> 00:27:26,480 Speaker 1: So I'm going to start doing personal shows for people. 519 00:27:27,520 --> 00:27:30,000 Speaker 3: We were just talking, I think in the last segment 520 00:27:30,119 --> 00:27:33,720 Speaker 3: about you know some places that go after the very 521 00:27:33,800 --> 00:27:36,200 Speaker 3: wealthy in extreme ways. 522 00:27:36,280 --> 00:27:41,400 Speaker 1: We had actor Mark Ruffalow talk about taxing billionaires ninety percent. 523 00:27:41,680 --> 00:27:46,400 Speaker 3: One of the places where the wealthy do get fined 524 00:27:46,480 --> 00:27:49,920 Speaker 3: and taxed pretty heavily is Europe. Loved this story because 525 00:27:49,920 --> 00:27:53,040 Speaker 3: the headline is great and maybe you know, California, the 526 00:27:53,040 --> 00:27:55,720 Speaker 3: city of Los Angeles might want to adopt this idea. 527 00:27:55,960 --> 00:28:02,720 Speaker 3: There's a very wealthy man who apparently was speeding in Finland. 528 00:28:04,080 --> 00:28:08,520 Speaker 3: He is one of Finland's richest men, and he got 529 00:28:08,520 --> 00:28:13,720 Speaker 3: one hundred and seventy four thousand dollars speeding ticket. He 530 00:28:13,800 --> 00:28:17,320 Speaker 3: was driving eighty two kilometers per hour and a fifty 531 00:28:17,600 --> 00:28:24,000 Speaker 3: kilometer per hour zone. But because he's wealthy, and apparently 532 00:28:24,040 --> 00:28:29,360 Speaker 3: the rule in Finland is that you are fined based 533 00:28:29,480 --> 00:28:33,600 Speaker 3: on your income level, and the specifics for the speeding 534 00:28:33,640 --> 00:28:39,000 Speaker 3: ticket basically equal to fourteen days of your income, which 535 00:28:39,000 --> 00:28:42,480 Speaker 3: for this rather wealthy man, Yeah, I'm no kidding, boy, 536 00:28:42,600 --> 00:28:45,080 Speaker 3: would translate into one hundred and seventy four thousand dollars 537 00:28:45,120 --> 00:28:45,800 Speaker 3: speeding ticket. 538 00:28:47,520 --> 00:28:52,920 Speaker 2: That's I know he's making that much money. 539 00:28:54,280 --> 00:28:56,400 Speaker 3: Well, he's older. I guess he's been at this for hour. 540 00:28:56,480 --> 00:28:59,040 Speaker 3: He got a company called will Wicklough Holding. 541 00:28:59,200 --> 00:29:02,120 Speaker 2: This is part of this stupid equity movement and there's 542 00:29:02,160 --> 00:29:04,960 Speaker 2: a lot of nutty stuff that comes out of Scandinavia. Now, 543 00:29:05,040 --> 00:29:08,440 Speaker 2: I thought it was about making the fines cheap for 544 00:29:08,560 --> 00:29:10,520 Speaker 2: poor people, right, that. 545 00:29:10,920 --> 00:29:13,040 Speaker 1: Is an effort in California, right. 546 00:29:12,960 --> 00:29:15,960 Speaker 2: But it never occurred to me there'd be another side 547 00:29:15,960 --> 00:29:20,640 Speaker 2: of this where they would make finds ridiculously expensive for 548 00:29:20,720 --> 00:29:21,240 Speaker 2: the wealthy. 549 00:29:21,800 --> 00:29:24,800 Speaker 3: Think about how the other side of this is more 550 00:29:24,800 --> 00:29:27,760 Speaker 3: attractive to these types because now you have more money 551 00:29:27,800 --> 00:29:29,280 Speaker 3: to spend on whatever. 552 00:29:29,520 --> 00:29:31,360 Speaker 1: All right, I don't know what's in this case. 553 00:29:31,440 --> 00:29:34,480 Speaker 3: This rich guy said, well, at least it might go 554 00:29:34,520 --> 00:29:37,240 Speaker 3: to some good charity that I paid this much money. 555 00:29:37,320 --> 00:29:38,880 Speaker 1: Oh yeah, it's going to go to a charity. 556 00:29:39,280 --> 00:29:43,080 Speaker 2: It's going to go to whatever finish black hole exists. 557 00:29:42,760 --> 00:29:44,920 Speaker 1: In the government there, probably, I don't think. 558 00:29:45,000 --> 00:29:47,040 Speaker 2: I don't think the fins is that what you call them, 559 00:29:47,080 --> 00:29:51,920 Speaker 2: the fins? The finians, Well, they're finish the finish. The 560 00:29:51,960 --> 00:29:55,800 Speaker 2: finish aren't any different than anybody else. Everybody in government 561 00:29:55,840 --> 00:29:56,360 Speaker 2: is corrupt. 562 00:29:57,080 --> 00:29:58,200 Speaker 1: He's been fined before. 563 00:29:58,200 --> 00:30:01,680 Speaker 3: In twenty thirteen he is fine for doing forty seven 564 00:30:01,720 --> 00:30:04,160 Speaker 3: and a thirty mile per hour zone, and in twenty 565 00:30:04,200 --> 00:30:08,320 Speaker 3: eighteen he also paid another huge speed. 566 00:30:08,040 --> 00:30:09,720 Speaker 1: Thing is fine. Obviously. 567 00:30:09,840 --> 00:30:13,240 Speaker 2: I don't know what's in the Finnish constitution, but in 568 00:30:13,280 --> 00:30:19,680 Speaker 2: America there's this proportionality personality that the fine or the 569 00:30:19,720 --> 00:30:22,600 Speaker 2: prison sentence has to be in proportion to the crime 570 00:30:22,880 --> 00:30:26,160 Speaker 2: that a legislature can't pass, you know, some outrageous sentence 571 00:30:27,760 --> 00:30:31,959 Speaker 2: just because that that it has to really equate to 572 00:30:32,360 --> 00:30:36,400 Speaker 2: what harm you did. No, So I don't think they 573 00:30:36,400 --> 00:30:37,480 Speaker 2: could get away with that here. 574 00:30:38,760 --> 00:30:43,240 Speaker 3: Well, I mean considering that they're already talking about charging 575 00:30:43,280 --> 00:30:47,320 Speaker 3: wealthier people more on their electric bills. You know, that's 576 00:30:47,360 --> 00:30:49,520 Speaker 3: something they're talking that's a real bill in Sacramento. 577 00:30:49,680 --> 00:30:52,640 Speaker 2: Yeah, well, that's that's got to be challenged too, because 578 00:30:52,680 --> 00:30:57,000 Speaker 2: that doesn't that doesn't sound right. This idea pay that 579 00:30:57,080 --> 00:31:00,920 Speaker 2: you pay for a commodity based on how much income 580 00:31:00,960 --> 00:31:03,680 Speaker 2: you make, not I mean, I mean, wealthy people already 581 00:31:03,800 --> 00:31:07,200 Speaker 2: use more electricity, so they're going to pay more for 582 00:31:07,280 --> 00:31:11,320 Speaker 2: that commodity, right, But it sounds unconstitutional that I'm going 583 00:31:11,400 --> 00:31:15,560 Speaker 2: to be discriminated against and have to pay disproportionately just 584 00:31:15,600 --> 00:31:16,680 Speaker 2: because I'm successful. 585 00:31:17,800 --> 00:31:20,720 Speaker 1: Yeah, that's well, you can do that with taxes. 586 00:31:22,040 --> 00:31:24,840 Speaker 3: They shouldn't because he at tell you as well, because 587 00:31:24,840 --> 00:31:27,160 Speaker 3: you're wealthy, you think, because if it's only a fifty 588 00:31:27,200 --> 00:31:30,000 Speaker 3: dollars fine, who cares, you know, small change, and you 589 00:31:30,080 --> 00:31:31,720 Speaker 3: got to make it it's a bigger fine, so you 590 00:31:31,720 --> 00:31:34,040 Speaker 3: are more impacted, and think twice before you speak and 591 00:31:34,120 --> 00:31:34,640 Speaker 3: kill people. 592 00:31:34,720 --> 00:31:37,120 Speaker 2: Got to change the subject. It's not your business. You're 593 00:31:37,120 --> 00:31:39,960 Speaker 2: not entitled to the money. You don't get to decide 594 00:31:39,960 --> 00:31:42,880 Speaker 2: what I think. You think, I don't care, well, I 595 00:31:42,920 --> 00:31:43,360 Speaker 2: do care. 596 00:31:43,400 --> 00:31:44,000 Speaker 1: How about that? 597 00:31:44,640 --> 00:31:46,640 Speaker 2: I don't care if it's it's a tiny little bit 598 00:31:46,680 --> 00:31:49,560 Speaker 2: of my income, that's my income, that's not yours. You're 599 00:31:49,600 --> 00:31:51,880 Speaker 2: not entitled to tell me what I'm supposed to think, 600 00:31:52,120 --> 00:31:55,120 Speaker 2: what I'm supposed to tolerate. Again, none of your business. 601 00:31:56,080 --> 00:31:59,760 Speaker 3: He's apparently the chair of a holding company includes businesses 602 00:31:59,760 --> 00:32:04,040 Speaker 3: in theistics, helicopter services, real estate trade, and tourism, so 603 00:32:04,120 --> 00:32:06,360 Speaker 3: he apparently is a very wealthy. He's an older guy 604 00:32:06,400 --> 00:32:09,440 Speaker 3: taking in the seventies. Apparently there was a guy a 605 00:32:09,440 --> 00:32:12,040 Speaker 3: few years ago, a Swedish driver who got fined a 606 00:32:12,120 --> 00:32:14,480 Speaker 3: huge amount because he was doing one twenty five and 607 00:32:14,520 --> 00:32:15,720 Speaker 3: a twenty mile prior zone. 608 00:32:15,760 --> 00:32:17,120 Speaker 1: You know what, he had to move out of Finland 609 00:32:17,160 --> 00:32:20,880 Speaker 1: for a year. That's right, take his tax his tax 610 00:32:20,920 --> 00:32:23,920 Speaker 1: base with him, right, all right? Conway's here, hey now, hey, now, hey. 611 00:32:24,000 --> 00:32:27,400 Speaker 5: Man was found shot to death down near the Grand 612 00:32:27,440 --> 00:32:32,880 Speaker 5: Park metro station. Another one of these metro deaths. Yeah, 613 00:32:33,000 --> 00:32:35,800 Speaker 5: you know, I was thinking when family and friends come 614 00:32:35,800 --> 00:32:37,560 Speaker 5: in to town, I no longer take him to Hollywood 615 00:32:37,560 --> 00:32:41,120 Speaker 5: Boulevard because I don't like to have my relatives come 616 00:32:41,160 --> 00:32:45,200 Speaker 5: back to my house with their throat slashed. That's a 617 00:32:45,240 --> 00:32:48,800 Speaker 5: generous host, thank you. So I say, hey, go ride 618 00:32:48,880 --> 00:32:51,560 Speaker 5: the metro for a couple hours. 619 00:32:51,600 --> 00:32:52,720 Speaker 1: Go get lost on the metro. 620 00:32:52,840 --> 00:32:55,160 Speaker 5: You'll have some stories when you go back to Detroit 621 00:32:55,200 --> 00:32:55,760 Speaker 5: and Cleveland. 622 00:32:55,960 --> 00:32:57,200 Speaker 1: Man, that's wild. I don't know. 623 00:32:57,360 --> 00:32:58,800 Speaker 2: They got to they got to get a hold of that, 624 00:32:59,200 --> 00:33:01,840 Speaker 2: you know, I mean some there was some dopey uh 625 00:33:02,560 --> 00:33:06,600 Speaker 2: La County supervisor Lindsay Horvath. She she posted a picture 626 00:33:06,640 --> 00:33:11,040 Speaker 2: of herself and two of her idiotic aids smiling on 627 00:33:11,040 --> 00:33:13,960 Speaker 2: on on the metro train just to show how wonderful 628 00:33:13,960 --> 00:33:14,920 Speaker 2: it is to travel. 629 00:33:15,080 --> 00:33:17,840 Speaker 1: Oh, that's great, do that all day. See how long 630 00:33:17,840 --> 00:33:18,240 Speaker 1: you last? 631 00:33:18,320 --> 00:33:22,240 Speaker 5: I got mug, Mosquito and Burbank test positive for West Nile. 632 00:33:22,440 --> 00:33:24,360 Speaker 1: So I'm moving out. 633 00:33:24,640 --> 00:33:28,640 Speaker 5: And then train sirs Orange County San Clemente again stopped 634 00:33:28,640 --> 00:33:31,320 Speaker 5: because of the landslide. Every couple of weeks is a 635 00:33:31,400 --> 00:33:33,360 Speaker 5: landslide in South Orange County. 636 00:33:33,400 --> 00:33:34,280 Speaker 1: Maybe maybe they. 637 00:33:34,160 --> 00:33:37,120 Speaker 2: Ought to move those trains the tracks right, but yeah, 638 00:33:37,120 --> 00:33:38,760 Speaker 2: they should move the tracks inland. 639 00:33:39,520 --> 00:33:41,600 Speaker 1: Yeah, exactly. It's a nice and scenic to be right 640 00:33:41,680 --> 00:33:42,080 Speaker 1: on the oce. 641 00:33:42,160 --> 00:33:45,800 Speaker 2: The ocean's moving in and and the rock wall is 642 00:33:45,840 --> 00:33:48,640 Speaker 2: crumbling and it can't support the tracks. 643 00:33:48,760 --> 00:33:51,520 Speaker 5: And then I'm going to cancel my costco membership because 644 00:33:51,520 --> 00:33:53,240 Speaker 5: they're going to raise the membership fees. 645 00:33:53,880 --> 00:33:55,960 Speaker 1: Oh how much is it now? I don't know. I 646 00:33:56,000 --> 00:33:59,920 Speaker 1: think it's like, I don't know, is it? Uh seven? 647 00:34:00,680 --> 00:34:02,120 Speaker 1: You're too rich to keep track of these. 648 00:34:02,200 --> 00:34:05,360 Speaker 5: No, my wife does the membership by you know, and 649 00:34:05,440 --> 00:34:07,200 Speaker 5: I try not to be with her because I get 650 00:34:07,440 --> 00:34:10,160 Speaker 5: hot when that happens. Right, I'm like, wait, I'm paying 651 00:34:10,160 --> 00:34:12,840 Speaker 5: the shop here. I got to pay you to shop here, 652 00:34:13,320 --> 00:34:13,920 Speaker 5: like jem. 653 00:34:13,800 --> 00:34:14,880 Speaker 1: Coat when I was growing up. 654 00:34:15,960 --> 00:34:17,759 Speaker 3: But it's still like only a dollar fifty for a 655 00:34:17,760 --> 00:34:20,600 Speaker 3: hot dog Annesota, Right right, How could you beat that 656 00:34:20,600 --> 00:34:21,480 Speaker 3: deal with the food court? 657 00:34:21,560 --> 00:34:21,799 Speaker 1: Yeah? 658 00:34:21,800 --> 00:34:23,880 Speaker 5: But man, all those food courts look like and a 659 00:34:23,920 --> 00:34:27,399 Speaker 5: five dollar chicken, that's right, you know, and more ice 660 00:34:27,440 --> 00:34:30,440 Speaker 5: cream than a family can handle in one cot Dig 661 00:34:30,760 --> 00:34:32,080 Speaker 5: dig Dog with that cost, Go. 662 00:34:33,760 --> 00:34:35,000 Speaker 1: Day comes Sting Dog. 663 00:34:35,320 --> 00:34:37,759 Speaker 2: Grocier's got the news, go live in the twenty four 664 00:34:37,760 --> 00:34:38,760 Speaker 2: hour caf AT Newsroom. 665 00:34:39,120 --> 00:34:40,919 Speaker 3: Hey, you've been listening to the John and Ken Show. 666 00:34:40,960 --> 00:34:43,440 Speaker 3: You can always hear us live on caf I AM 667 00:34:43,480 --> 00:34:47,080 Speaker 3: six forty one pm to four pm every Monday through Friday, 668 00:34:47,120 --> 00:34:50,680 Speaker 3: and of course, anytime on demand on the iHeartRadio app