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Bye Bye Platner | Shortage of Pediatric Specialists · The Bill Handel Show

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  Speaker 1: You're listening to Bill Handle on demand from KFI AM
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  Speaker 1: six forty KFI A M six forty Bill Handle.
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  Speaker 2: It is a Thursday morning, July the ninth, and big
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  Speaker 2: news political news. Yesterday, Democratic Senator Graham Platner or now,
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  Speaker 2: excuse me, candidate Graham Platner decided to bail his campaign.
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  Speaker 2: He quote suspended his campaign, which means I'm bailing out,
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  Speaker 2: I'm quitting it.
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  Speaker 1: And he is a Democrat, and he won the.
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  Speaker 2: Election, or he won the nomination, and he is going
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  Speaker 2: up in the general election. Was going up in the
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  Speaker 2: general election against Susan Collins, the other Democratic excuse me.
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  Speaker 2: She's Republican and she's a main senator and she was
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  Speaker 2: possibly going to lose because she's a pretty liberal senator
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  Speaker 2: and not a big fan of the Republican Party and
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  Speaker 2: so she doesn't have as much of support as other
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  Speaker 2: Republicans do. And he is and this is the part
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  Speaker 2: that is I find fascinating. He's not just a Democrat.
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  Speaker 2: He is a left wing Democrat. And that's what's happening
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  Speaker 2: with the party right now. It looks like the far
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  Speaker 2: left is getting more and more attention and more and
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  Speaker 2: more power. Looked at Mom'm donnie, look at other candidates
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  Speaker 2: that are winning and what's going on.
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  Speaker 1: Well, Democrats have.
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  Speaker 2: Lost for the last few years, and the Senate and
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  Speaker 2: the House, and you've got and in this case you
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  Speaker 2: have the presidency, all right wing and the pendulum is swinging.
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  Speaker 2: It's happened before when George McGovern was running for president. Man,
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  Speaker 2: he was about as liberal as you can possibly get,
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  Speaker 2: and he lost in a landslide. But what's happening now
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  Speaker 2: is the left wing is rearing its head and saying, Okay,
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  Speaker 2: this is where we want to move, This is where
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  Speaker 2: the party is moving, This is where we want America
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  Speaker 2: to move, all right. So Platner is one of those.
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  Speaker 2: The problem is Platiner, even though he won the election
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  Speaker 2: and run with the preliminary and he is now running
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  Speaker 2: in the general to be the Senator, he is a
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  Speaker 2: piece of work and the Democratic Party does not like him,
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  Speaker 2: did not support him, wanted anybody else other than Platner.
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  Speaker 2: Why because Well, accusations of being a racist, accu because
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  Speaker 2: of this tattoo that he had on his chest, which
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  Speaker 2: supposedly signifies has some Nazi connection, Does any but he
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  Speaker 2: ever seen that tattoo?
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  Speaker 1: Amy? Have we ever seen pictures of that tattoo. Yes,
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  Speaker 1: I haven't. And this he's covered it up.
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  Speaker 2: He's like, okay, it's skulling crossbones from what I understand.
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  Speaker 1: And something to that effect. That's a Nazi symbol.
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  Speaker 2: And by the way, the SS did use skulling crossbones.
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  Speaker 2: The SS the most vicious part of Nazi Germany. I mean,
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  Speaker 2: they were way out there killing squads. The Holocaust was
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  Speaker 2: for the most part perpetrated by the SS, and so
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  Speaker 2: that was the tattoo. And also the allegations of sexual conduct.
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  Speaker 2: At first, it was texts that he sent to various women,
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  Speaker 2: I mean right after he got married, and he admitted
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  Speaker 2: those and said I was in a different place. I
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  Speaker 2: was a drunkard at the time.
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  Speaker 1: And then the.
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  Speaker 2: Allegations of rape have now come up, two of them
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  Speaker 2: so far, where women have come to the table and said, yep,
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  Speaker 2: he raped me. Whoo, And so all of a sudden,
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  Speaker 2: whatever support he had, and he had substantial support, that's gone.
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  Speaker 2: Even Bernie Sanders, who was the biggest proponent of Platner
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  Speaker 2: that was out there, gave up the ghost and said
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  Speaker 2: you're done. And he kept on saying nope, nope. Well,
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  Speaker 2: under under pressure in the fact that he was clearly
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  Speaker 2: going to lose in a big, big way simply because
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  Speaker 2: of his moral positions.
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  Speaker 1: Because the guy's a sleezball. It's that simple. I don't
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  Speaker 1: know why anybody would run for the Senate.
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  Speaker 2: And when with all those those allegations, these sexual conduct allegations,
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  Speaker 2: misconduct allegations, well that's exactly what happened.
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  Speaker 1: So he announces that he is leaving.
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  Speaker 2: And he only had into what thirteenth a week to
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  Speaker 2: withdraw his name, and if he had not withdrawn his name,
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  Speaker 2: and we didn't know that he was going to or not,
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  Speaker 2: because he hadn't said he was going to. And he
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  Speaker 2: the establishment quote the Democratic establishment so much because they
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  Speaker 2: were against him, and they still are against him even
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  Speaker 2: more now, and so he doesn't have the support. He
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  Speaker 2: railed against the establishment, screaming and just fighting him like
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  Speaker 2: crazy and saying there's a conspiracy against me. Well, that
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  Speaker 2: probably is. And so he finally bailed out, and so
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  Speaker 2: he is gone. And now we go to the next chapter.
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  Speaker 2: And what is the next chapter? Well, who is going
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  Speaker 2: to replace him? And the Democratic Party has only two weeks,
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  Speaker 2: so there can't be there can't be another election. There's
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  Speaker 2: not time there can't be a special election, so they
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  Speaker 2: have a couple of weeks to come up with a
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  Speaker 2: new candidate. And how do they do this? Well, there's
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  Speaker 2: the state party, but that's one hundred people. Are they
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  Speaker 2: going to decide who is going to run for the it?
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  Speaker 2: And it's not a democratic decision, it's straight politics. They
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  Speaker 2: don't really know where to go on this. I mean,
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  Speaker 2: this is a mess. This is a gift Susan Collins
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  Speaker 2: and the biggest way you can possibly imagine, and it's
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  Speaker 2: a guy who was and is as progressive as you
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  Speaker 2: can possibly get.
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  Speaker 1: Of course, he's a communist.
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  Speaker 2: The president is calling anybody who is left wing or
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  Speaker 2: a socialist and they call themselves democratic socialists. They are communists,
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  Speaker 2: they're not socialists. Obviously Trump has not read the definition
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  Speaker 2: of communists. So what's going to happen? I think Susan
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  Speaker 2: Collins has it?
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  Speaker 1: Hey Bill? Yeah.
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  Speaker 3: The skull and crossbones that he had was one that
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  Speaker 3: was originally worn by SS concentration campguards and the third
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  Speaker 3: SS Panzer Division called a totin komf It means death's head.
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  Speaker 3: And I saw a picture of it before it was
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  Speaker 3: covered over with a wolf or something.
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  Speaker 1: Yeah, yeah, Actually, dead image.
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  Speaker 2: Yeah, I actually did say that that it was done
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  Speaker 2: by the worst of the SS, the Nazis who did
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  Speaker 2: kill when they were responsible the physical responsibility of the Holocaust,
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  Speaker 2: they actually perpetrated the Holocaust. They're the ones that killed,
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  Speaker 2: ran the concentration camps, the death camps, ran the gas chambers. Yeah,
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  Speaker 2: it's pretty miserable.
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  Speaker 1: To say the least. Okay, so he's gone.
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  Speaker 2: Ran Platner is gone, and we'll see what the next
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  Speaker 2: step is a story that's going to affect all of us,
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  Speaker 2: and this is a question of should drivers be monitored
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  Speaker 2: for car insurance purposes? And what does that mean there? Well,
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  Speaker 2: there's a bill AB three to eleven. It's been introduced
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  Speaker 2: and it would change California insurance law by allowing to
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  Speaker 2: me the driver's choice to opt in to being tracked
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  Speaker 2: through something called telematics, which transmits data directly to insurance companies.
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  Speaker 2: So this allows the insurance company to monitor your behavior.
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  Speaker 2: And why would you let the insurance company monitor your
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  Speaker 2: behavior in driving? Well to prove to them that you're
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  Speaker 2: a great driver, the premiums should go down. And this
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  Speaker 2: changes the state's insurance law completely and is drawing a
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  Speaker 2: big opposition from the state insurance department as well as
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  Speaker 2: consumer and privacy advocates, and it would let the insurance
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  Speaker 2: company use telematics as technology installed in cars that transmits
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  Speaker 2: information location, speed breaking, force swerving. Effectively, it's a black
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  Speaker 2: box like the airline to have the modern airplanes, a
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  Speaker 2: big commercial planes that track everything speed, where the plane
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  Speaker 2: goes down, where it's turned. Well, the same thing as this.
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  Speaker 2: This tells the insurance companies everything about how you drive.
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  Speaker 1: We are the only.
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  Speaker 2: State in the country that doesn't allow insurers.
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  Speaker 1: To use telematic.
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  Speaker 2: It's telematics and setting rates, and that's because of state
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  Speaker 2: law which requires insurers to prioritize safety records that's it,
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  Speaker 2: and miles driven and driver experience that's it. That's what
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  Speaker 2: they base the rates on. And of course where you live,
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  Speaker 2: well they're not supposed to, but where you live is
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  Speaker 2: pretty important. And telematics tells the insurance companies a whole
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  Speaker 2: lot more. It's collected either by smartphone and app that
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  Speaker 2: because everybody carries a smartphone of course in their car,
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  Speaker 2: on their person, or systems embedded in to the technolo
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  Speaker 2: in the car. And the supporters are saying this is
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  Speaker 2: going to make streets and highways far safer encourage better driving. Opponents,
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  Speaker 2: of course, worry about privacy. I mean that's always a given,
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  Speaker 2: lack of transpiracy, possible bias, Yes, it's there's bias. You're
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  Speaker 2: a good driver, you're going to do better with the insurance.
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  Speaker 2: If you're a bad driver, you're not. And it's not
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  Speaker 2: just what you've been tagged for. If you haven't gotten
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  Speaker 2: any tickets, even though you've blown through stop signs, you
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  Speaker 2: are going one hundred miles an hour and there's no
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  Speaker 2: cop around, so you're not going to get a speeding ticket. Well,
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  Speaker 2: the telematics are going to tell the insurance company, Yeah,
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  Speaker 2: you drive one hundred miles an hour, and here's when
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  Speaker 2: you did it, and here's where you did it. And
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  Speaker 2: when you break, this is how hard you press on
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  Speaker 2: the pedal because you're breaking too late. And the author
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  Speaker 2: Assembly Member Tina mckinner, she's a Democrat from Inglewood. She
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  Speaker 2: lost three friends in car accidents in the past several years,
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  Speaker 2: and she says, this is a tool to make streets safer.
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  Speaker 2: It's just that simple incentivizes us to just have safer,
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  Speaker 2: good driving behavior. And this makes sense when you think
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  Speaker 2: about it, and it's California low going to change out.
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  Speaker 2: I think the more information that goes out there, I
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  Speaker 2: don't have a problem with the insurance companies with the
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  Speaker 2: information that how good a driver I am, if it's
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  Speaker 2: going to save me money, versus, how do we keep this.
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  Speaker 3: Bill from going to other insurance like health insurance because.
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  Speaker 2: The law doesn't allowed it. There has to be a
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  Speaker 2: firewall there. But that's that's always the case. That's always
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  Speaker 2: the case. For example, let's say you're switching insurance companies,
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  Speaker 2: which I'm about to do, and medical insurance, Well, guess what,
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  Speaker 2: all my entire file is going to go to the
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  Speaker 2: new medical carrier, and if I switch again, my entire
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  Speaker 2: higher file is going to go.
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  Speaker 3: So there is much privacy. But you have a good point.
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  Speaker 3: That's one of the arguments. How do you stop leaving Kaiser?
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  Speaker 1: Yeah?
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  Speaker 2: I think so, Bill, I know, been there since I'm
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  Speaker 2: been five years old.
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  Speaker 1: Say it isn't so, yeah, I know it is.
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  Speaker 2: So it's I can't stand eight hours wait in the
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  Speaker 2: emergency room or the or the urgent care just won't
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  Speaker 2: do it anymore. You go to urgent care, well, Jim
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  Speaker 2: will tell you, Jim Keeney and he always gives the advice,
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  Speaker 2: what's the best advice to deal with the emergency room
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  Speaker 2: if you really need it. Stay out of emergency rooms,
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  Speaker 2: is the advice he gives. Just stay out of them.
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  Speaker 2: And so it's actually there's an urgent care hogue right
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  Speaker 2: down the street from where I live, and I had
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  Speaker 2: a couple of urgent care issues. I waited two minutes,
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  Speaker 2: two minutes in the waiting room, so I paid for
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  Speaker 2: a couple of procedures out of pocket because I was
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  Speaker 2: not going to spend six hours waiting. Well, so much
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  Speaker 2: for me doing commercials for Kaiser, Right, And I joke
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  Speaker 2: that you go into the hospital, there's a fifty to
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  Speaker 2: fifty chance I'm going to kill you. And I don't
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  Speaker 2: know how much of a joke that is. I really
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  Speaker 2: don't all right coming out p D. It's a joke.
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  Speaker 2: It's a joke, and okay, because that's dropping under the
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  Speaker 2: Trump administration, a lot of money is being yanked and
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  Speaker 2: it's it's horrible, and so what are we going to
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  Speaker 2: do about it? Got to change the whole system, you know,
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  Speaker 2: I don't want to. I wish there were answers, and
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  Speaker 2: I'm you know, it's easy to say no no, No.
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  Speaker 1: It's horrible. It's horrible. It's horrible. I mean, that's simple.
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  Speaker 2: It's a lot harder to say, Okay, here's what we
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  Speaker 2: can do to fix it, because that is really complicated stuff.
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  Speaker 2: I mean, you're looking, how do you change the cost
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  Speaker 2: of student loans, how do you change the cost of living,
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  Speaker 2: how do you change the fact that doctors make less
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  Speaker 2: money as general practitioners pediatric practitioners. It's it's tough. Okay,
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  Speaker 2: so much for that. I want to talk about the
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  Speaker 2: labor force. I've talked about this before. That is kind
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  Speaker 2: of weird the way we determine how the labor force
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  Speaker 2: is measured. And here is the latest couple of surveys
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  Speaker 2: have just come out that a million workers in this
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  Speaker 2: past year, a million workers have left the labor force
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  Speaker 2: in the United States. In June, just June, seven hundred
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  Speaker 2: and twenty thousand people left the workforce, and the participation
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  Speaker 2: rate and that is people that are working between sixteen
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  Speaker 2: and older who are either working or looking for work,
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  Speaker 2: fell to six point one point five in June. That's
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  Speaker 2: the lowest reading since March of twenty twenty one, and
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  Speaker 2: that was as a result of COVID IF you eliminate
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  Speaker 2: COVID from that equation. This is the lowest rate in
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  Speaker 2: five decades. So why are so many people leaving the workforce?
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  Speaker 2: I mean, prices have gone crazy, a lot of people
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  Speaker 2: need second jobs. Well, here's one reason, and this is
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  Speaker 2: I think kind of dumb. Older employees who've benefit from
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  Speaker 2: the booming stock market are retiring because their four oh
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  Speaker 2: one K plans have exploded because the vast majority of
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  Speaker 2: the money in four to one ks are in stocks,
• 15:43
  Speaker 2: as I tell you when I do commercials for lier capital.
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  Speaker 2: But that doesn't explain the rate for people twenty five
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  Speaker 2: to fifty five that's fallen two. Now, another reason is
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  Speaker 2: companies are imposing return to office mandates. And here's what
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  Speaker 2: happened with a lot of women, particularly is stay at home,
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  Speaker 2: work from home.
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  Speaker 1: Not only is.
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  Speaker 2: It convenient for everybody in terms of those that work
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  Speaker 2: at home, but also the cost of childcare is so
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  Speaker 2: high that the numbers don't pan out.
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  Speaker 1: It is cheaper to not work and make no money.
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  Speaker 2: And pay for childcare than it is to pay for
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  Speaker 2: childcare and go to work. And this sustained decline is
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  Speaker 2: leading to slowing down the US economic growth.
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  Speaker 1: It's that simple.
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  Speaker 2: The other thing, if you're at stay at home, it's
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  Speaker 2: hard to get a job back. Let's say you've been
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  Speaker 2: unemployed for a year or two years and you're now
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  Speaker 2: looking for work. Hey, where have you been the last year? Well,
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  Speaker 2: I've been at home? Look yet, really, so you haven't
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  Speaker 2: been working. That counts as you haven't been working, and
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  Speaker 2: employers do not want to hear that. And one of
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  Speaker 2: the things that you haven't developed the skills, you haven't
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  Speaker 2: been on management track whatever. And there was a point
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  Speaker 2: a couple of years ago where it was really really
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  Speaker 2: hard to get a job, easier today than it was then,
• 17:23
  Speaker 2: so even trying to get back to work was tough.
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  Speaker 2: And the problem with these stats when you talk about
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  Speaker 2: unemployment stats, they're only talking about people that are not working,
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  Speaker 2: who used to be working and are not. But those
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  Speaker 2: that have given up looking for work, they fall off
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  Speaker 2: the other end of the table. They just fall off
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  Speaker 2: the edge. They're not counted, they're not counted as unemployed.
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  Speaker 2: So let's say you've been unemployed for a year and
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  Speaker 2: your four to one k K plan is doing pretty well.
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  Speaker 1: And you're no longer working.
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  Speaker 2: You're not in the formula, you're not unemployed. You just
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  Speaker 2: aren't measured. And the other point I want to make
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  Speaker 2: is if you if the majority of your retirement is
• 18:19
  Speaker 2: in a four to oh one K plan or an
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  Speaker 2: era and principally stock what happens when the stock market
• 18:27
  Speaker 2: drops and all of a sudden, let's see there's a
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  Speaker 2: ten percent correction. Let's say it goes down twenty five percent,
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  Speaker 2: which it has certainly many times in my lifetime. You
• 18:39
  Speaker 2: have twenty five percent less assets. Oops, which is why, God,
• 18:47
  Speaker 2: this is basically a commercial for Leeyer Capital that you
• 18:50
  Speaker 2: want to even out your risk. Okay, so much for
• 18:56
  Speaker 2: the labor force. You're you're probably leaving the labor force,
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  Speaker 2: a lot of you are. And the reasons today are, well,
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  Speaker 2: they're pretty good versus a few years ago. All Right,
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  Speaker 2: coming up, less interaction with people now, I think that's great.
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  Speaker 2: I have no problem saying that that's a good thing.
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  Speaker 2: But it's kind of sad. And this next segment is
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  Speaker 2: titled A sad kind of Convenience. And I'll explaining Lucy
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  Speaker 2: when we come back. KFI AM six point forty.
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  Speaker 1: You've been listening to the Bill Handle show.
• 19:35
  Speaker 2: Catch my show Monday through Friday six am to nine
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  Speaker 2: am and anytime on demand on the iHeartRadio app,