Latest / The Bill Handel Show / Kaiser Making Big Profits | Apple Turns 50 This Week
Transcript
- 0:00Speaker 1: You're listening to Bill Handle on demand from kf I
- 0:04Speaker 1: Am six forty am six. Good morning, It is a
- 0:13Speaker 1: Monday morning, March thirtieth. As we begin, well the non
- 0:20Speaker 1: Handle on the News part of the show where it's
- 0:24Speaker 1: after Handle on the news and I'll get the times correct.
- 0:28Speaker 1: Just let me go ahead it well, thank you, Hey,
- 0:31Speaker 1: this is what I do. You know this, this is
- 0:34Speaker 1: a watch. This is why I get paid. And people
- 0:36Speaker 1: are astounded that I get paid to do this. I
- 0:38Speaker 1: mean stunned people actually pay you And I go, yeah,
- 0:42Speaker 1: they really do. And now shake my head too. Okay.
- 0:47Speaker 1: The No King's Rally, which happened on Saturday, and it
- 0:52Speaker 1: was a you know, we'll rally against the president, drawing
- 0:57Speaker 1: estimated eight million people. Now you don't get eight million
- 0:59Speaker 1: people in one place. There were over thirty three hundred locations.
- 1:04Speaker 1: And it was not just a anti Trump per se rally.
- 1:09Speaker 1: It was also a pro democracy of their policy issues.
- 1:13Speaker 1: Iran Epstein there was. It just went on and on,
- 1:19Speaker 1: So you can't literally look at one issue. Remember the
- 1:22Speaker 1: well you don't remember, but the anti Vietnam rallies that
- 1:27Speaker 1: happened in the late sixties and early seventies. That was
- 1:30Speaker 1: real simple. It was let's get out of the war.
- 1:33Speaker 1: That was one message. These are basically we don't like Trump.
- 1:38Speaker 1: Yeah they are, they are, but they're no king stuff. Yeah,
- 1:42Speaker 1: there's no way they called it king. I get it.
- 1:44Speaker 2: But he's no one's gonna he's not gonna be king.
- 1:49Speaker 2: Well he's got a concern. Well, it depends. It depends
- 1:53Speaker 2: on how you define king. It depends on how you
- 1:57Speaker 2: define king.
- 1:58Speaker 1: As I have said, oral sex is sex. Yeah, but
- 2:04Speaker 1: that's not a king king depending on how good Monica
- 2:08Speaker 1: Lewinski actually was as very king like. The point I'm
- 2:11Speaker 1: making is Donald Trump has just literally is stretching the
- 2:17Speaker 1: bounds of presidential power to where you say, this is
- 2:19Speaker 1: the power of a king. For example, arbitrarily committing this
- 2:24Speaker 1: country to war just on his own accord, even though
- 2:28Speaker 1: the Constitution doesn't let him do that. That is very
- 2:31Speaker 1: king like. And I think that's the argument.
- 2:33Speaker 2: So he's the only one that has ever taken us
- 2:36Speaker 2: into a situation that is warlike.
- 2:38Speaker 1: That didn't go through Congress. Come well, certainly Congress agreed
- 2:42Speaker 1: with it. When of this. Now after the fact, Congress
- 2:45Speaker 1: came down and said it's okay. There were there was
- 2:50Speaker 1: involvement of Congress. This one is pretty arbitrary. We haven't
- 2:55Speaker 1: been to war since the forties. Officially, well that's official,
- 2:59Speaker 1: but that is another thing. That's Congress. That's Congresses. That's
- 3:04Speaker 1: Congress's fault allowing the president to do that. And they
- 3:07Speaker 1: it's more and more and more and more now this
- 3:10Speaker 1: time around with a majority. Uh, it's it's a given that.
- 3:15Speaker 1: I don't even know why they why the president would
- 3:17Speaker 1: even go to Congress because anything, any vote would give
- 3:21Speaker 1: him the power to do it anyway. In any case,
- 3:24Speaker 1: do you know that every single congressional district had a
- 3:30Speaker 1: had a demonstration, My favorite one, West Palm Beach, a
- 3:35Speaker 1: marchdown President Donald Trump Boulevard towards mar Alago and he
- 3:41Speaker 1: was there too. Now, the White House and this is
- 3:45Speaker 1: typical of what's going on. Uh, this is just the
- 3:49Speaker 1: National Republican Congressional Committee. So it's not even the White House,
- 3:53Speaker 1: it's just the National Republicans, the Spolkes and Mike Marinella
- 3:59Speaker 1: uh said, this is all about Trump derangement therapy sessions.
- 4:03Speaker 1: That's all this is and of interest only to reporters
- 4:06Speaker 1: who are paid to cover them. The rest of the
- 4:08Speaker 1: country didn't even pay attention to eight million people. It's
- 4:11Speaker 1: just well, I don't know now the organizer's crowd count,
- 4:18Speaker 1: and this is not verified, but they put the total
- 4:21Speaker 1: of eight million people, topping the seven million estimated of
- 4:25Speaker 1: the previous No King's Day. And that was in October,
- 4:28Speaker 1: and that's the one I went to actually holding up
- 4:30Speaker 1: a sign, and my thing was free press. I was
- 4:33Speaker 1: the only one there that argued for a free press.
- 4:36Speaker 1: And so there were mixed messages, certainly, and the only
- 4:40Speaker 1: larger and this one, this was kind of a stunter
- 4:43Speaker 1: of a stat The only larger single day protest ever
- 4:49Speaker 1: held the United States was in nineteen seventy and that
- 4:52Speaker 1: was the first Earth Day. And the number of people
- 4:57Speaker 1: who participated twenty million people. We're at locations and environmental
- 5:06Speaker 1: rallies and teachings. I mean, when you talk about those numbers,
- 5:10Speaker 1: they're absolutely astronomical. Is it going to do anything? No,
- 5:14Speaker 1: But I'll tell you what this is doing, and that
- 5:17Speaker 1: is this is a harbanger of things to come if
- 5:20Speaker 1: it goes this way. And I was talking to Lindsey
- 5:23Speaker 1: about this yesterday. What is going to happen, I think
- 5:28Speaker 1: is towards towards the midterms, and if it's going the
- 5:33Speaker 1: way it's going because President Trump's his popularity is diving,
- 5:39Speaker 1: I mean it's going downhill pretty quickly. You are going
- 5:43Speaker 1: to see Republicans who heretofore said, this is the greatest
- 5:48Speaker 1: president who ever lived. I will back him up no
- 5:53Speaker 1: matter what he is, the country, he is, the constitution,
- 5:58Speaker 1: just ask him. And there has never been a president. Well,
- 6:03Speaker 1: you're gonna see them pulling back. Well, I don't agree
- 6:06Speaker 1: with everything he said. Even though I like a lot
- 6:10Speaker 1: of what President Trump has done, there are certain things
- 6:13Speaker 1: I don't agree with. You're gonna hear a lot of that.
- 6:16Speaker 1: And you may see Republicans just turning right around. In
- 6:20Speaker 1: these really close races, you may see them just go
- 6:26Speaker 1: the other way. And so I think that this says
- 6:31Speaker 1: more in terms of a specific rally. It means more
- 6:37Speaker 1: big term. I mean, there were some crazy stuff. Impeach him,
- 6:41Speaker 1: come on, give me a break, you know, put him
- 6:43Speaker 1: in jail. Oh stop it now, you just look stupid
- 6:48Speaker 1: when you do that, you really do. All right, We're
- 6:52Speaker 1: done with that. I wonder how many minorities were out
- 6:54Speaker 1: of these things. It seems like a lot of white people. Yeah,
- 6:58Speaker 1: I think so, I'm I don't know how many minorities
- 7:01Speaker 1: were out there. It's a very good point. We should
- 7:04Speaker 1: look at that, all right. Okay, a story about Kaiser
- 7:08Speaker 1: that I want to share with you. And this was
- 7:09Speaker 1: kind of a shocker because I'm a big fan of Kaiser.
- 7:13Speaker 1: I joke about Kaiser killing you half the time. They don't.
- 7:18Speaker 1: And as a matter of fact, there are few things
- 7:19Speaker 1: about Kaiser that are extraordinary. One is their cardio, certainly
- 7:26Speaker 1: the cardio operating system, cardiovascular department. It's one of the
- 7:32Speaker 1: best in the country. Also, neurosurgery is one of the
- 7:34Speaker 1: best in the country. Matter of fact, when I had
- 7:38Speaker 1: to replace my valve fifteen years ago and man, I
- 7:41Speaker 1: was looking around, this is my heart we're talking about.
- 7:43Speaker 1: So I was prepared to go to any place, and
- 7:47Speaker 1: I looked and looked, and virtually all roads led back
- 7:50Speaker 1: to Kaiser. It's pretty good. Is considered the best HMO
- 7:54Speaker 1: in the country as a model for HMOs. Well, guess what.
- 8:00Speaker 1: In February, Kaiser paid five hundred and fifty six million
- 8:05Speaker 1: dollars to settle allegations that it was pushing physicians to
- 8:13Speaker 1: a new false diagnosis to their medical record. Because Kaiser
- 8:18Speaker 1: gets a lot of money from the government too. A
- 8:22Speaker 1: month later, it paid thirty million dollars to settle another
- 8:25Speaker 1: case brought by federal investigators, this one involving claims that
- 8:30Speaker 1: it did not provide and for years patients with adequate
- 8:33Speaker 1: access to mental health care. And Kaiser settled that case
- 8:37Speaker 1: without admitted wrongdoing. Bottom line, when any organization, entity, person,
- 8:43Speaker 1: company settles the case for big dollars without admitting liability,
- 8:50Speaker 1: guess what, Yeah, there's a without admitting fault. Yeah, that's
- 8:57Speaker 1: a problem. Now do people settle when they are not
- 9:01Speaker 1: at fault, Yeah, they do. There's companies will look at it,
- 9:05Speaker 1: the cost of litigation and simply say, it's a lot
- 9:07Speaker 1: cheaper just to write a check, then go into court
- 9:10Speaker 1: and go to the front of a jury and take
- 9:11Speaker 1: a chance and spend a zillion dollars on defense. But
- 9:15Speaker 1: five hundred and fifty six million dollars pays for a
- 9:18Speaker 1: lot of defense, I mean a lot. So you wonder
- 9:23Speaker 1: what's going on with that? Now? The numbers and the
- 9:27Speaker 1: numbers are absolutely stunning, to say the least. It's last year,
- 9:35Speaker 1: Kaiser took in more than one hundred and twenty seven
- 9:38Speaker 1: billion dollars in revenue, earning a quote profit of nine
- 9:44Speaker 1: point three billion dollars. It doesn't earn a profit because
- 9:46Speaker 1: it is a charity. It is a non profit. Most
- 9:51Speaker 1: of the money was from investments. It has so much money.
- 9:54Speaker 1: It invests its money and they make most of their
- 9:58Speaker 1: income from those in vestments. A smaller share is made
- 10:04Speaker 1: from its operations as well as the insurance premiums. And
- 10:09Speaker 1: of course premiums have absolutely exploded. So to give you
- 10:14Speaker 1: an idea, and this is I love this. This goes
- 10:17Speaker 1: right into political speak and pr speak. First of all,
- 10:22Speaker 1: back to numbers. Kaiser insures almost one out of every
- 10:25Speaker 1: four Californians. It's both an insurer and a provider of
- 10:29Speaker 1: care in a closed system. So I'm a member of Kaiser,
- 10:33Speaker 1: I have to go to a Kaiser doctor. I have
- 10:36Speaker 1: to go to a Kaiser hospital otherwise I don't have
- 10:39Speaker 1: insurance if I'm out of network. I mean, it's not
- 10:43Speaker 1: a question of the insurance company paying less. It's the
- 10:46Speaker 1: insurance company, which is Kaiser, paying none, So you're stuck
- 10:49Speaker 1: with Kaiser. Now, the bottom line is Kaiser has superb doctors.
- 10:55Speaker 1: Because of the way medicine is practice, doctors line up
- 10:59Speaker 1: to go to Kaiser. I mean tremendous number of doctors
- 11:03Speaker 1: like the way Kaiser works. But that doesn't mean that
- 11:06Speaker 1: you can go anyplace else. But Kaisner has a lot
- 11:09Speaker 1: of centers. I mean around where I live in South
- 11:12Speaker 1: or in South Orange County, I've got Kaiser. I've got
- 11:16Speaker 1: four Kaiser clinics around me, one hospital at trauma Center,
- 11:20Speaker 1: as well as a bunch of clinics. So here we go.
- 11:25Speaker 1: Kaiser is accused of all of this wrongdoing and does
- 11:29Speaker 1: not do what it's supposed to do. And it's a
- 11:33Speaker 1: charitable enterprise which is there to help the public and
- 11:38Speaker 1: certainly its members. So Kaiser woun't wasn't available to comment
- 11:45Speaker 1: for this story, but issued a statement, I love this
- 11:50Speaker 1: and tell me a pr hack didn't write this. Our
- 11:54Speaker 1: charitable purpose guides every decision we make. Driven by our mission.
- 11:59Speaker 1: We offer better care and coverage to our members, invest
- 12:03Speaker 1: billions of dollars in our communities every year, work to
- 12:06Speaker 1: advance high quality, affordable, equitable, evidence based care in communities
- 12:10Speaker 1: across the country, and our hospitals are among the best
- 12:15Speaker 1: staffed in California, and staffing levels always meet or exceed
- 12:19Speaker 1: state requirements. In the meantime, last month, the thirty thousand
- 12:25Speaker 1: nurses and other Kaiser professionals who walked out in a
- 12:30Speaker 1: four weeks strike because there weren't enough nurses at the
- 12:35Speaker 1: Kaiser hospitals and there was too much work put on
- 12:38Speaker 1: too few people, which is across the board. And one
- 12:41Speaker 1: of the things about Kaiser is there really isn't much
- 12:45Speaker 1: of a copay. You don't get billions of dollars in bills,
- 12:49Speaker 1: you really don't. I remember when I went in for surgery,
- 12:54Speaker 1: just before I went in for my first surgery. I
- 12:56Speaker 1: enjoy I go to Kaiser for surgeries just for fun,
- 13:00Speaker 1: you know, because I love the food at the hospital.
- 13:02Speaker 1: It's absolutely delicious. They have gourmet chefs there. I mean,
- 13:06Speaker 1: it's just tremendous food. And frankly, you're better off eating
- 13:12Speaker 1: in a prison than you are eating at a Kaiser facility.
- 13:15Speaker 1: And this is experienced talking. But the point is I've
- 13:19Speaker 1: done a lot of surgeries at Kaiser and it's they
- 13:23Speaker 1: did a hell of a job. They really did. And
- 13:26Speaker 1: I'm a big fan. I've been there's since iven five
- 13:28Speaker 1: years old. And the KOPEI well, let me put it
- 13:30Speaker 1: this way. Today going into the hospital is three hundred
- 13:34Speaker 1: bucks a day. It used to be free years ago
- 13:39Speaker 1: when I started, and then it went to one hundred dollars.
- 13:44Speaker 1: And my plan is I pay five bucks or ten dollars.
- 13:47Speaker 1: Now I pay ten dollars per visit and I pay
- 13:51Speaker 1: ten dollars per test. Now, obviously I have one of
- 13:56Speaker 1: the best Kaiser plans out there if you're going to
- 13:58Speaker 1: do that low. But bottom line is it is a
- 14:03Speaker 1: big organization and it's a partnership too. You know doctors
- 14:06Speaker 1: are partners in Kaiser, but you didn't know that. Now
- 14:12Speaker 1: Here is the story I want to share with you,
- 14:14Speaker 1: and this is a tough one, and that is describing
- 14:17Speaker 1: the United States as a country as wealthy it is,
- 14:20Speaker 1: it is still has people who are hungry. Now, we
- 14:23Speaker 1: don't have starvation, but food insecurity. That's common. Forty seven
- 14:28Speaker 1: million Americans give or take. Including this story in the
- 14:31Speaker 1: Orange County Register and about Orange County, but it's national
- 14:35Speaker 1: in scope and also La County, et cetera. Forty four
- 14:39Speaker 1: hundred thousand people in Orange County don't always know where
- 14:42Speaker 1: their next meal is coming from, or they don't have
- 14:45Speaker 1: the money to pay for three meals a day. I mean,
- 14:46Speaker 1: that is crazy. Now, malnutrition does happen, but you know,
- 14:53Speaker 1: not often. The big year was twenty twenty two, and
- 14:57Speaker 1: that was, of course the pandemic. Over twenty thousand Americans
- 15:02Speaker 1: died of malnutrition straight out starvation, but most were over
- 15:06Speaker 1: eighty five or older had to underlying health program problems.
- 15:11Speaker 1: That's according by the National Institute of Health. By the way,
- 15:13Speaker 1: that's the real figure. Now we have to understand food
- 15:16Speaker 1: insecurity and malnutrition are not the same as starvation. And
- 15:21Speaker 1: we have operated lawmakers, all of us under the belief
- 15:27Speaker 1: and it's some accuracy, not much, that American hunger is
- 15:30Speaker 1: more an issue of nutrition and access and dignity as
- 15:36Speaker 1: opposed to life and death. But that's going to be
- 15:38Speaker 1: tested come April one, and we're talking what two more days.
- 15:45Speaker 1: There's some big issues. There's two primary sources of free
- 15:47Speaker 1: food in the US. One SNAP, the Federal Supplemental Nutrition
- 15:52Speaker 1: Assistant Program the SNAP program, and the other one is
- 15:56Speaker 1: the network of charitable food banks and pantries, which we
- 16:00Speaker 1: do more than any place in the world, and both
- 16:03Speaker 1: are going to be changing big time. First of all,
- 16:06Speaker 1: under the One Big Beautiful Bill Act, there are millions
- 16:10Speaker 1: of people who are going to be out of SNAP California,
- 16:14Speaker 1: and we have our own called cal fresh, and a
- 16:19Speaker 1: whole lot of people get fed and eat with the
- 16:24Speaker 1: help of the federal government and on the charity side,
- 16:27Speaker 1: and Neil, you'll appreciate this. What is affecting people from
- 16:32Speaker 1: eating having food people who are insecure is a I. Now,
- 16:40Speaker 1: how is a I hurting people that need the food?
- 16:46Speaker 1: And O'Neil is nodding.
- 16:49Speaker 2: It's efficiency, Yes, it's going to make things more efficient.
- 16:53Speaker 1: That's exactly correct. Restaurants, groceries, farmers, people that process lots
- 16:59Speaker 1: of food that give it to charity. All extra food
- 17:02Speaker 1: that go to food banks, well, AI helps them trim
- 17:07Speaker 1: food waste, and so efficiency threatens and does choke down
- 17:14Speaker 1: this pipeline. And that's the charities that well, they rely
- 17:20Speaker 1: on big foods edible waste because we have so much
- 17:23Speaker 1: of it now. Nobody is predicting instant doom. Government is
- 17:27Speaker 1: not abandon any free food, but what it is is
- 17:29Speaker 1: restricting free food. And there are new dynamics at play
- 17:38Speaker 1: here and experts don't really see a solution yet because
- 17:42Speaker 1: the world of free food is according to the chief
- 17:44Speaker 1: executive of Bound Food Care, and they link industrial food
- 17:48Speaker 1: suppliers to food banks pantries. Says the world of free
- 17:52Speaker 1: food has been a victim of its own success. Hunger
- 17:56Speaker 1: works in cycles that rises and falls with the economy,
- 18:00Speaker 1: and when it becomes particularly acute, charities pretty much always
- 18:05Speaker 1: step in. The problem is cheer readers are getting far
- 18:08Speaker 1: less food, more people need the food. We have more
- 18:11Speaker 1: people that are moving towards unemployment. It is very, very tough,
- 18:16Speaker 1: and under the federal government, snap recipients are going to
- 18:20Speaker 1: be much more restricted. We're going to see some big
- 18:23Speaker 1: changes and it's not in the right way, and certainly
- 18:27Speaker 1: not in terms of people eating. And I'm going to
- 18:29Speaker 1: end it with the same statement I made when I
- 18:32Speaker 1: started this segment, and that is, in a country as
- 18:35Speaker 1: wealthy as ours, to have people who are hungry, it's
- 18:41Speaker 1: a shanda. It's a shame on many, many different levels.
- 18:45Speaker 1: And if you go around the world, you go to
- 18:46Speaker 1: the Scandinavian countries, people who are hungry just get food
- 18:50Speaker 1: from the government. That's it. It's a simple If you
- 18:52Speaker 1: can't eat, the government jumps in, oh my god, well
- 18:55Speaker 1: they're not working. Well, you know what, too bad, that
- 19:00Speaker 1: aren't working. I mean they're going to get food. They
- 19:02Speaker 1: should get fed, and then they worry about living accommodations,
- 19:09Speaker 1: which is another topic, and medical care which is another topic.
- 19:14Speaker 1: But at least food and we just don't do it. Okay,
- 19:19Speaker 1: Do I have a story for you? First of all,
- 19:22Speaker 1: Apple is fifty years old and it started as a
- 19:26Speaker 1: garage startup Steve Wosneyak, and of course you have Steve
- 19:31Speaker 1: Jobs and it's celebrating it's fiftieth starting in nineteen seventy six.
- 19:37Speaker 1: Now the second most powerful and biggest company in the world,
- 19:42Speaker 1: two point five billion devices out there, and it is well,
- 19:48Speaker 1: it's become a cult company and we know it it now,
- 19:53Speaker 1: how did this get started? What was the idea for Apple?
- 19:56Speaker 1: When I interviewed Steve Wansneyak many many years, I asked him,
- 20:01Speaker 1: you know, how did it start before you and Steve
- 20:03Speaker 1: Jobs get together to decide how to build to build
- 20:08Speaker 1: an Apple? He goes well, Steve Jobs didn't have much
- 20:11Speaker 1: to do with it in terms of initially it was me.
- 20:13Speaker 1: I go explain why? Goes well, I was an engineer,
- 20:17Speaker 1: a junior engineer engineer at HP Hewlett Packard and in
- 20:23Speaker 1: those days you'd have to stand in line to use
- 20:26Speaker 1: the computer, the mainframe, you know, those big, huge mainframes.
- 20:30Speaker 1: And they started to use those to you know, figure
- 20:33Speaker 1: out problems, how to figure out how to just you know,
- 20:40Speaker 1: create answers for whatever problem you had. Well, as a
- 20:45Speaker 1: junior engineer, he was always at the back of the
- 20:49Speaker 1: line and senior engineers could always cut in front of him.
- 20:54Speaker 1: And he said, there has to be a better way.
- 20:57Speaker 1: I'm just sick and tired of this, and so he
- 21:01Speaker 1: basically came up with the personal computer. And he went
- 21:05Speaker 1: to HP eight times and said, hey, I've got an
- 21:10Speaker 1: idea a personal computer. And in those days, the idea
- 21:14Speaker 1: of a personal computer owned by people didn't even exist.
- 21:19Speaker 1: It was only big mainframes, the big IBM's the three sixties,
- 21:24Speaker 1: I think it was the first one out there, took
- 21:25Speaker 1: up a whole room. So it was so foreign to
- 21:29Speaker 1: HP and other folks to have a personal computer. It
- 21:31Speaker 1: wasn't even in the thinking. Well, Losneak and Steve Jobs
- 21:35Speaker 1: went in the other direction, and so Losniak was this
- 21:39Speaker 1: sort of computer early computer genius who sat down and
- 21:42Speaker 1: created the first Apple computer. He and his best friend
- 21:46Speaker 1: Steve Jobs, out of Steve Job's garage, sat down and
- 21:51Speaker 1: created first of all a motherboard prototype, and then started
- 21:56Speaker 1: manufacturing out of the garage the first Apple Computer and
- 22:00Speaker 1: then of course history tells us that the company was
- 22:04Speaker 1: one of the fastest growing companies of the world. Steve
- 22:06Speaker 1: Jobs was all about the design and the fanaticism to excellence,
- 22:13Speaker 1: and you put those two together, and my god, what
- 22:15Speaker 1: a company you have. And of course you know all
- 22:18Speaker 1: about how it started. Today, Apple one hundred and sixty
- 22:22Speaker 1: six thousand employees. And there's a journalist who's written about
- 22:28Speaker 1: this and he says, every company claims to strive for excellence.
- 22:30Speaker 1: That's a trope. You go inside Apple and talk to
- 22:34Speaker 1: these people and it's a mania. It's intense to work
- 22:37Speaker 1: at Apple and you are asked for complete excellence. So
- 22:42Speaker 1: how did I get to interview Steve Loosniak. That's a
- 22:46Speaker 1: fun story. I don't know if you've heard of the
- 22:50Speaker 1: Yes Festival. It was one of the early massive festivals
- 22:55Speaker 1: that was backed up one hundred percent by Loosniak. He
- 22:59Speaker 1: wrote the check. It cost him ten million dollars to
- 23:03Speaker 1: put this on. That was the Yes or the US.
- 23:06Speaker 1: It was a yes yes as in yes. It cost
- 23:09Speaker 1: him ten million dollars and he lost ten million dollars
- 23:14Speaker 1: because tickets basically stopped being sold. And what people did
- 23:20Speaker 1: outside of the venue. There was a big gate and
- 23:23Speaker 1: those big fence outside of the venue. They crashed through
- 23:27Speaker 1: the gate, flattened it and people came in by the
- 23:30Speaker 1: tens hundreds of thousands of dollars, so no one bought
- 23:33Speaker 1: any tickets. He lost ten million bucks on it. And
- 23:36Speaker 1: I was interviewing him and I said, don't you know
- 23:39Speaker 1: he lost ten million dollars? You know, doesn't that bother you?
- 23:43Speaker 1: He goes, no, I had fun, That was it. That
- 23:48Speaker 1: was his answer. I had fun. You know when you
- 23:52Speaker 1: have ten million dollars and you lose it and you
- 23:54Speaker 1: simply write it off as fun, you know, you've got
- 23:58Speaker 1: more money than you could ever imagine. But it was.
- 24:00Speaker 1: It's a fun story. Steve Wasniak telling me specifically how
- 24:03Speaker 1: this whole thing started. That was one of the best
- 24:06Speaker 1: interviews I've ever done, just in terms of interesting people. Okay,
- 24:10Speaker 1: coming up, Las Vegas. Las Vegas is either in a
- 24:14Speaker 1: lot of trouble or it's not. It's either doing horribly
- 24:19Speaker 1: or it's not. Okay, I'll explain that coming up. This
- 24:24Speaker 1: is KFI AM six forty. You've been listening to the
- 24:28Speaker 1: Bill Handle show. Catch my show Monday through Friday, six
- 24:31Speaker 1: am to nine am, and anytime on demand on the
- 24:34Speaker 1: iHeartRadio app.