Latest / The Bill Handel Show / How to Set Prices | Power of the Costco Card

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How to Set Prices | Power of the Costco Card · The Bill Handel Show

• 0:00
  Speaker 1: You're listening to Bill Handel On Demand from KFI AM 640.
• 0:04
  Speaker 1: KFI AM 640.
• 0:15
  Speaker 2: Bill Handel here.
• 0:16
  Speaker 3: It is a Wednesday morning, September 16th. The war continues.
• 0:22
  Speaker 3: It's gotten worse, by the way, because now you have
• 0:25
  Speaker 3: a second major war. production pipeline coming out of Saudi
• 0:30
  Speaker 3: Arabia has been shut down.
• 0:31
  Speaker 2: And we'll talk about that a little bit later on.
• 0:33
  Speaker 3: Also, 11 o'clock our time this morning, the Fed is
• 0:37
  Speaker 3: going to announce, and everybody thinks, an interest increase of
• 0:42
  Speaker 3: a quarter of a point, which is going to change
• 0:43
  Speaker 3: things pretty dramatically as prices go up and they're trying
• 0:47
  Speaker 3: to tame inflation.
• 0:48
  Speaker 2: Okay. Here's a story about inflation.
• 0:52
  Speaker 3: And that is how American businesses are dealing with inflation
• 0:57
  Speaker 3: relative to their prices. And business owners, major corporations all
• 1:02
  Speaker 3: the way down, are struggling to decide, do.
• 1:04
  Speaker 2: You raise prices or do.
• 1:10
  Speaker 3: You wait out high energy costs that they hope are temporary?
• 1:15
  Speaker 3: So it's going to be temporary or it's going to
• 1:17
  Speaker 3: be long-term, and what do you do about that? For example,
• 1:20
  Speaker 3: Campbell's Soups, they've raised prices. Walmart has cut prices. Why
• 1:26
  Speaker 3: would you cut prices in the face of more expenses
• 1:30
  Speaker 3: like energy prices going up? Well, to gain market share.
• 1:35
  Speaker 3: Great way to gain market share. Everybody else raises prices.
• 1:38
  Speaker 3: You lower prices. Now, does that affect profits?
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  Speaker 2: Of course.
• 1:43
  Speaker 3: And the most recent inflation data made it clear prices
• 1:46
  Speaker 3: are rising. And that's inflationary. And how do you stop inflation? Well,
• 1:50
  Speaker 3: you jack up interest rates. That's what the Fed does
• 1:53
  Speaker 3: and it's going to do. And here is the question.
• 1:57
  Speaker 3: Are high energy costs a temporary nuisance with the administration
• 2:01
  Speaker 3: is saying or is a long term economic reality that
• 2:06
  Speaker 3: calls for price increases and keeps them there? And I
• 2:11
  Speaker 3: tell you, we see it all the time. I mean,
• 2:13
  Speaker 3: look at gas prices. They've gotten to the point where
• 2:16
  Speaker 3: it has really, really affected people. I was not upset
• 2:22
  Speaker 3: with gas prices. I never have been because I've always
• 2:25
  Speaker 3: made a good living. Now, and I make a terrific living,
• 2:29
  Speaker 3: I am conscious of gasoline prices.
• 2:32
  Speaker 2: First time.
• 2:33
  Speaker 3: I am conscious of the price of going to a restaurant. Yesterday,
• 2:41
  Speaker 3: I had.
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  Speaker 2: Lunch and it was two of us. It was a
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  Speaker 2: normal lunch. It wasn't any big deal.
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  Speaker 3: It was $ 80, 40.
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  Speaker 2: Bucks a head.
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  Speaker 3: That included tax and tip, but still, okay, it was $ 60,
• 2:56
  Speaker 3: $ 30 a head.
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  Speaker 2: Still, it's expensive. So here we go.
• 3:02
  Speaker 3: Walmart beating out competitors by lowering prices. Campbell's and others
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  Speaker 3: increasing prices. Simply saying, hey, these costs are here forever.
• 3:14
  Speaker 3: Diesel prices now cross $ 6 a gallon for the first time.
• 3:18
  Speaker 3: Everything that we buy or eat is delivered by trucks
• 3:24
  Speaker 3: which use diesel fuel. And it's the highest it's ever been.
• 3:29
  Speaker 3: We're going to see that. And by the way, it's
• 3:32
  Speaker 3: going to get worse. I mean, uh, the pipeline goes
• 3:36
  Speaker 3: all the way down and it takes a while for
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  Speaker 3: those dominoes to hit the end of it. And more
• 3:41
  Speaker 3: than a third of wage earners saw a decline in
• 3:44
  Speaker 3: purchasing power. All of us have, by the way, uh,
• 3:46
  Speaker 3: between late 2020 and late 2024.
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  Speaker 2: Wealthy people, it really doesn't matter. Middle-class, poorer people, oh, matter. Man,
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  Speaker 2: does it hit.
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  Speaker 3: Um, So Walmart has cut prices on more than 10,000 items,
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  Speaker 3: even though billions of dollars have increased on fuel-related costs.
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  Speaker 1: Hmm.
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  Speaker 3: And Chief Executive John Furner told investors the company was
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  Speaker 3: making that decision to increase market share, which I believe,
• 4:17
  Speaker 3: and because customers need us to, which I don't believe.
• 4:21
  Speaker 3: Because customers need us to lower prices, and that's why
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  Speaker 3: we're lowering prices.
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  Speaker 2: Give me a break, please.
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  Speaker 3: Campbell's told investors its anticipated elevated cost is going to
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  Speaker 3: last for a while. But pricing adjustments were kind of
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  Speaker 3: the last resort, according to the CEO. And so Campbell's
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  Speaker 3: is raising prices in more than half of its products today.
• 4:48
  Speaker 3: And it's trying to cut costs through other means. But man,
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  Speaker 3: at this point, I don't know how much more cutting
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  Speaker 3: you can do. And so Mark Zandi, chief economist at
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  Speaker 3: Moody's Analytics, said good profits, robust prices across the U.S.,
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  Speaker 3: particularly big corporations, are a sign that most companies actually
• 5:08
  Speaker 3: might be passing along higher input costs to consumers. In
• 5:14
  Speaker 3: other words, prices are going up. Of course, inflation is
• 5:16
  Speaker 3: hitting all of us. But part of it is taking
• 5:20
  Speaker 3: inflation and using it as a profit center for those
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  Speaker 3: companies that are increasing prices beyond inflation.
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  Speaker 2: It's a mess out there. It is a mess. And
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  Speaker 2: the administration is telling us this is very temporary. Well,
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  Speaker 2: I'm delighted.
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  Speaker 3: Is the administration now admitting there's inflation? Or is the
• 5:39
  Speaker 3: Trump administration saying there is no inflation? And affordability is
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  Speaker 3: a hoax. I don't think they've come back from that.
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  Speaker 3: But If there is inflation, then it's going to go down.
• 5:52
  Speaker 3: Although we don't know if there is inflation or not,
• 5:54
  Speaker 3: because it may not actually be there. Inflation may be
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  Speaker 3: just a hoax that those against those Democrats are trying
• 6:03
  Speaker 3: to push on us.
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  Speaker 2: I mean, the reality, of course, there is inflation. Everybody's
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  Speaker 2: feeling it.
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  Speaker 3: And the reality is the administration is admitting and has
• 6:10
  Speaker 3: to admit inflation is there. And then the big question is,
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  Speaker 3: is it temporary?
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  Speaker 2: Is it not?
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  Speaker 3: And I don't think prices are going to go down,
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  Speaker 3: even with the cost of fuel going down, which it might.
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  Speaker 2: They may not.
• 6:26
  Speaker 3: Well, oil is down a couple of bucks this morning,
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  Speaker 3: a barrel. It's down to $ 1.
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  Speaker 2: 03.
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  Speaker 3: I can't figure out what's going on because the war
• 6:33
  Speaker 3: is still increasing. It's actually gotten worse. If you look
• 6:36
  Speaker 3: what's happening in Saudi Arabia with that pipeline down, replacing
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  Speaker 3: the Strait of Hormuz for Saudi oil going across the
• 6:45
  Speaker 3: other side of the country. That pipeline has been shut
• 6:48
  Speaker 3: down because of Iranian attacks. So at this point, Saudi
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  Speaker 3: Arabia can't sell oil.
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  Speaker 2: Now what?
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  Speaker 3: Now, a story that I want to share with you,
• 6:59
  Speaker 3: and this broke yesterday, that Governor Newsom signed the first
• 7:03
  Speaker 3: in the nation standards for homes damaged by wildfire smoke.
• 7:07
  Speaker 3: And the reaction I had is this is the first
• 7:11
  Speaker 3: in the nation. And how did it take this long
• 7:15
  Speaker 3: to pass laws mandating insurance companies must insure, must cover
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  Speaker 3: smoke damage as part of their fire coverage? Because the
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  Speaker 3: insurance companies are saying, oh, no, it's actual fire damage.
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  Speaker 3: You have to be the house has to be burnt
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  Speaker 3: in order to collect insurance. Well, the problem is, is
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  Speaker 3: that as a result of fire, even if the home
• 7:39
  Speaker 3: is not burnt, let's say your neighbor's home is burnt,
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  Speaker 3: the ash and the smoke literally comes into the house
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  Speaker 3: and is absorbed even by the drywall, not just the
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  Speaker 3: furniture and the carpets. I'm talking about the drywall itself.
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  Speaker 3: And the house has to be taken down to the
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  Speaker 3: studs and re-drywalled and just new everything has to be
• 8:02
  Speaker 3: put in. And the insurance company said, no, no, that's
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  Speaker 3: not true. Well, a bunch of lawsuits and just the
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  Speaker 3: sheer unfairness of it. This came out of the Palisades,
• 8:11
  Speaker 3: the Eaton fire, where it became big news. And so
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  Speaker 3: what the governor did and what the legislature did is
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  Speaker 3: pass a law. The governor signed saying, guess what? Insurance companies,
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  Speaker 3: you now get to pay for smoke damage beyond just
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  Speaker 3: fire damage. Because they kept on, the insurance company said, no,
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  Speaker 3: our interpretation of fire insurance is fire insurance.
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  Speaker 2: That's it.
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  Speaker 3: And so, and it makes no sense because fire damage,
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  Speaker 3: anybody who's suffered from fire damage, it's far, far greater
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  Speaker 3: than just a burnt building. A friend of mine who
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  Speaker 3: had her kitchen and her garage taken out in a
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  Speaker 3: fire and it's being repaired now.
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  Speaker 2: And there's an issue.
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  Speaker 3: How about the smoke that came from the fire and
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  Speaker 3: went ahead and went through the entire house where all
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  Speaker 3: of it has to be replaced except for the wood underneath?
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  Speaker 2: The fight is happening.
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  Speaker 3: So why did this happen? Well, it's because finally enough
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  Speaker 3: people were up in arms about it. And even after
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  Speaker 3: a judge said that it has to be covered, insurance.
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  Speaker 2: Companies keep on denying it. which is completely crazy.
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  Speaker 1: It makes no sense.
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  Speaker 3: And one of the suits involved is that the insurance
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  Speaker 3: company did not send out inspectors to test the contamination
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  Speaker 3: of the home. And therefore, if you can't show us
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  Speaker 3: what the damage actually is, then of course we can't
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  Speaker 3: cover it. Well, and we're not going to cover it
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  Speaker 3: unless one of our inspectors goes out, which happens in
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  Speaker 3: car accidents all the time. You know, the insurance company
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  Speaker 3: sends out an inspector. Go, wait a minute. You're not
• 9:59
  Speaker 3: sending someone out. And at the same time, you're saying
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  Speaker 3: that we won't cover it unless someone goes out, unless
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  Speaker 3: we send our person out, which we won't send.
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  Speaker 2: Huh?
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  Speaker 1: Really?
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  Speaker 2: And so things have changed.
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  Speaker 3: California and I'm sure the rest of the country is
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  Speaker 3: going to go ahead and pass the same kind of laws.
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  Speaker 3: I'm sure about that. Now, can you imagine fire insurance
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  Speaker 3: going up? Because if it turns out there is a
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  Speaker 3: fire and you've got one home and let's say it's
• 10:33
  Speaker 3: a single home as opposed to an entire neighborhood. Let's
• 10:35
  Speaker 3: talk about an entire neighborhood and the houses adjacent to
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  Speaker 3: it are all damaged and have to be replaced, repaired.
• 10:43
  Speaker 3: What are insurance rates going to be? Already insurance is
• 10:47
  Speaker 3: so insanely high. When I sold the Persian Palace, I
• 10:53
  Speaker 3: lost my insurance just before I sold it. And I
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  Speaker 3: couldn't find home insurance.
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  Speaker 2: Couldn't find it. It wasn't available.
• 11:02
  Speaker 3: And my insurance agent finally found a policy, which I
• 11:06
  Speaker 3: went ahead and bought exactly 100% more than I was paying.
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  Speaker 3: Twice as much. And the deductible was higher. And I
• 11:17
  Speaker 3: was bare for two and a half weeks. I had
• 11:20
  Speaker 3: no insurance for two and a half weeks. Let me
• 11:22
  Speaker 3: tell you how well I slept for two and a
• 11:24
  Speaker 3: half weeks, knowing I had no fire insurance on my home.
• 11:28
  Speaker 3: So at least we've got something good coming out of
• 11:31
  Speaker 3: all of this. Okay, Neil, what's going on with the Dodgers?
• 11:36
  Speaker 2: Funny you should ask, Bill.
• 11:37
  Speaker 4: Your official home for Dodgers baseball is AM570 LA Sports.
• 11:42
  Speaker 4: This afternoon, your back-to-back world champion Dodgers take on the
• 11:45
  Speaker 4: Reds in Miami. cincinnati with first pitch at 3 40
• 11:49
  Speaker 4: listen on am 570 la sports and stream on the
• 11:53
  Speaker 4: iheart radio app live from the galpin ford broadcast booth.
• 11:58
  Speaker 3: All right uh what i want to do is talk
• 12:00
  Speaker 3: about something we all know about and then the aftermath
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  Speaker 3: which uh you know not a lot of people are
• 12:05
  Speaker 3: are looking at uh or not enough attention is being
• 12:09
  Speaker 3: paid uh we're talking about the middle east and the
• 12:10
  Speaker 3: iranian u.s war As a result, the Strait of Hormuz
• 12:15
  Speaker 3: was closed down pretty quickly by Iran. And right now,
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  Speaker 3: the United States says the Strait of Hormuz is open
• 12:23
  Speaker 3: and is controlled by the United States.
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  Speaker 2: It is not.
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  Speaker 3: It is still effectively closed. Even at best, 30 ships passed.
• 12:30
  Speaker 2: In one day.
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  Speaker 3: And now it's way down to three, four ships passing
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  Speaker 3: through the Strait. It used to be 130 ships a
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  Speaker 3: day that would pass through the Straits of Iran or
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  Speaker 3: the Strait of Hormuz. So we all know about that.
• 12:44
  Speaker 3: And we all know the war continues. We're now in
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  Speaker 3: month number seven. The midterms are coming up because oil
• 12:51
  Speaker 3: is the transportation of oil is is been curtailed dramatically.
• 12:56
  Speaker 3: And of course, oil prices have gone up and gasoline
• 12:59
  Speaker 3: and diesel have gone through the roof. Now, what is
• 13:02
  Speaker 3: also happening is Iran, I think, is winning this because
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  Speaker 3: here's the latest. Saudi Arabia not only transports, not only
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  Speaker 3: goes through the Strait of Hormuz with its pipeline, but
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  Speaker 3: it also has another method of transporting oil. And that
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  Speaker 3: is a pipeline across the country to the western coast
• 13:24
  Speaker 3: into the Arabian Sea. And there they had huge facilities.
• 13:28
  Speaker 3: Notice I use the word had huge facilities already. They
• 13:31
  Speaker 3: were bombed to smithereens by the Russians. That entire terminal
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  Speaker 3: area is just gone. The Iranians, by the Iranians, it
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  Speaker 3: is just gone. And it'll take years to replace. So
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  Speaker 3: now Saudi Arabia has no way of getting its oil out.
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  Speaker 3: The big pipeline and the terminals on the Persian Gulf.
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  Speaker 2: And so....
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  Speaker 3: So what is going on? Oh, and when the war started,
• 14:03
  Speaker 3: American bases were being attacked. And we're not talking about
• 14:06
  Speaker 3: just being attacked. We're decimated. It was you've got American
• 14:11
  Speaker 3: bases that have been wiped out. Now, why is that important? Well,
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  Speaker 3: because the Gulf states have relied on American bases and
• 14:18
  Speaker 3: forces to maintain their security against Iran.
• 14:23
  Speaker 2: And they have, well.
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  Speaker 3: Decreased substantially their ability to do exactly that. So what
• 14:30
  Speaker 3: are the Gulf states doing? I mean, they're scrambling to
• 14:33
  Speaker 3: figure out how do they stay secure.
• 14:36
  Speaker 2: And you know what?
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  Speaker 3: How do they do that? They sit down and talk
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  Speaker 3: to Iran. They start negotiating with Iran. Now, there was
• 14:46
  Speaker 3: a summit, if you will, a meeting between Iran and
• 14:50
  Speaker 3: a few of the Gulf states, including Oman, which is
• 14:53
  Speaker 3: right there on the Persian Gulf. And they were to
• 14:57
  Speaker 3: sit down and talk about some kind of treaty, some
• 15:01
  Speaker 3: kind of peace accord. And the big issue is Strait
• 15:04
  Speaker 3: of Hormuz. Saudi Arabia was the big one, insisted the
• 15:07
  Speaker 3: Strait of Hormuz stay open as an international, free international waterway.
• 15:13
  Speaker 3: Iran said, no, no, we want to make it a tollbooth.
• 15:19
  Speaker 3: And that is a real crinkle, winkle, winkle, wrinkle, there
• 15:26
  Speaker 3: you go, in the works. That is the wrench in
• 15:30
  Speaker 3: the machine works there. The monkey wrench into the barrel
• 15:35
  Speaker 3: of monkeys and the tip of, I'll get that at
• 15:38
  Speaker 3: some point. In any case, I know, I know, Mr.
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  Speaker 3: Professional Broadcaster, thank you very much. In the meantime, this
• 15:47
  Speaker 3: thing is a mess. It is blowing up. And it's
• 15:50
  Speaker 3: going to keep on going. And as the president said,
• 15:54
  Speaker 3: after the war or excuse me, after the midterms, that's
• 15:58
  Speaker 3: when the war will disappear. That may be certainly the
• 16:03
  Speaker 3: Iranians are keeping up all the pressure. And the president
• 16:06
  Speaker 3: is saying, we're going to be able to stop this
• 16:09
  Speaker 3: after the after the midterm elections. So effectively is what
• 16:14
  Speaker 3: he is saying. Make sure you put Republicans or keep
• 16:18
  Speaker 3: Republicans in power. And with the Republicans in power, I
• 16:22
  Speaker 3: will be able to stop the war. OK, why not
• 16:27
  Speaker 3: stop it now? Well, no, we have to wait until
• 16:29
  Speaker 3: after the elections. So the takeaway here. And this, we
• 16:35
  Speaker 3: didn't think about this. And that is that our security
• 16:40
  Speaker 3: or their security based on our military presence in the
• 16:43
  Speaker 3: Gulf is not cutting it. And they know it. And
• 16:47
  Speaker 3: they are now scrambling. Okay, so they're going to buy
• 16:50
  Speaker 3: more munitions. What munitions? The United States has used virtually
• 16:55
  Speaker 3: all of its munitions and can't supply the Gulf states
• 17:00
  Speaker 3: with enough arms. Because we're just out of arms. We're
• 17:05
  Speaker 3: just out. I mean, we have major ballistic missiles. Certainly,
• 17:10
  Speaker 3: we have nuclear-tipped missiles, which are not being used. Plenty
• 17:12
  Speaker 3: of fighters. But is that doing it? No, not in
• 17:16
  Speaker 3: the least. So it's going to increase.
• 17:21
  Speaker 2: This war is not going to get any easier. It's
• 17:23
  Speaker 2: going to get worse.
• 17:24
  Speaker 3: And based on that, or be maintained at this level,
• 17:28
  Speaker 3: and based on that, be prepared for even higher prices for.
• 17:33
  Speaker 2: Goods and energy.
• 17:34
  Speaker 3: Okay, let's have fun now. Now, we've talked about this before,
• 17:40
  Speaker 3: and that is how lonely we are. And just, we
• 17:45
  Speaker 3: don't do enough face-to-face, just the social intercourse that we
• 17:51
  Speaker 3: used to do.
• 17:52
  Speaker 1: Why?
• 17:53
  Speaker 3: Because we've got, well, you've got all kinds of devices.
• 17:59
  Speaker 3: Now we text each other, we email each other. We
• 18:02
  Speaker 3: don't get together. Maybe now because of the cost of gas,
• 18:06
  Speaker 3: we're doing it even less. The pandemic changed the way
• 18:10
  Speaker 3: we deal with each other.
• 18:11
  Speaker 2: We didn't meet for what a year, two years.
• 18:14
  Speaker 3: And, and, and now just meeting, let's say having lunch
• 18:19
  Speaker 3: is expensive as hell. So we as a society are
• 18:24
  Speaker 3: trying to figure out other ways of getting together. And
• 18:27
  Speaker 3: clubs are now increasing or at least ways to get together.
• 18:32
  Speaker 3: So people are now meeting at shopping centers, the few
• 18:36
  Speaker 3: that are left. They are meeting not so much at
• 18:40
  Speaker 3: restaurants anymore. But one of the places that has increased
• 18:44
  Speaker 3: tremendously that where people are meeting and they're meeting for
• 18:50
  Speaker 3: lunch and actually talking to each other is Costco. Costco
• 18:54
  Speaker 3: has become the meeting place of choice for so many
• 18:58
  Speaker 3: people because the other day, what was it? I had
• 19:02
  Speaker 3: lunch at a cheesecake factory. You know how expensive that is?
• 19:07
  Speaker 3: Two people for lunch. That's 30, 35 bucks a head.
• 19:11
  Speaker 3: Do you know how expensive lunch is at Costco? Hot dog, drink,
• 19:17
  Speaker 3: a dollar and a half per person. So you sit
• 19:20
  Speaker 3: and grab one of those tables and you certainly want
• 19:23
  Speaker 3: to bring some kind of a cleansing device or one
• 19:28
  Speaker 3: of those, what do you call it? Just those wipes
• 19:33
  Speaker 3: that have disinfectant on them because the amount of gook
• 19:38
  Speaker 3: and stuff and schmutz that are on those.
• 19:41
  Speaker 2: Tables is ridiculous. But you sit down.
• 19:44
  Speaker 3: And you hang out with friends, you're meeting friends, your
• 19:48
  Speaker 3: coffee clatches, a Costco. And that is increasing like crazy.
• 19:54
  Speaker 3: And it makes a lot of sense. And if I
• 19:57
  Speaker 3: had friends, this is where I would go to lunch. Why?
• 20:01
  Speaker 3: Because I combine my Costco run, which I'm going to
• 20:04
  Speaker 3: have today, After the show, I'm going to make my
• 20:07
  Speaker 3: Costco run. I have to buy some bagels, which I
• 20:09
  Speaker 3: buy at Costco, and some smoked salmon, which I buy
• 20:12
  Speaker 3: at Costco, and a few other things that I want
• 20:15
  Speaker 3: to buy. I'm almost out of chicken bakes, so I
• 20:17
  Speaker 3: have to get those at Costco. And that's my lunch
• 20:20
  Speaker 3: of choice. Now, if we were going to go to lunch,
• 20:25
  Speaker 3: where would I would even buy? And how often do
• 20:29
  Speaker 3: I buy? Because a buck and a half... for a
• 20:33
  Speaker 3: hot dog and a drink. Okay, now we're talking a
• 20:37
  Speaker 3: serious meeting place. And this isn't me just joking either.
• 20:42
  Speaker 3: This is real. Costco is now a popular spot for Americans,
• 20:49
  Speaker 3: not only to stretch their dollars, which of course Costco
• 20:51
  Speaker 3: is still the biggest bargain out there, but it feeds
• 20:54
  Speaker 3: a human need to get together. Because where people used
• 20:59
  Speaker 3: to meet, parks, barbershops, libraries, and these were building communities
• 21:04
  Speaker 3: outside home and work, well, those are heading south.
• 21:09
  Speaker 2: Going to Costco is heading north.
• 21:13
  Speaker 3: And so bottom line is if we meet for lunch,
• 21:18
  Speaker 3: if we go out, Neil, we should do a broadcast
• 21:21
  Speaker 3: at Costco, but they won't let you in the parking
• 21:23
  Speaker 3: lot to deal with that. How about this, across the
• 21:27
  Speaker 3: street from Costco, where we have one of the interns
• 21:31
  Speaker 3: go across and pick up lunch for all of us,
• 21:33
  Speaker 3: and I'll buy because it's a buck and a half
• 21:35
  Speaker 3: for lunch. Even their chicken bakes are reasonably priced, and
• 21:39
  Speaker 3: they have a sandwich now. Have you had their turkey
• 21:41
  Speaker 3: provolone cheese sandwich yet, Neil?
• 21:44
  Speaker 2: No, I have not.
• 21:44
  Speaker 1: Very strong.
• 21:45
  Speaker 2: I like a good sand dough. Oh, it is very good.
• 21:48
  Speaker 4: What happened to that $ 9 roast beef sandwich?
• 21:52
  Speaker 1: It's gone.
• 21:53
  Speaker 2: It's gone.
• 21:53
  Speaker 3: And when churros went out, it drove me completely crazy.
• 21:59
  Speaker 4: Oh, for that $ 5 chocolate chip cookie or whatever? Yeah,
• 22:04
  Speaker 4: I think it's $ 2. 99, $ 3, and it's big. But I'm
• 22:07
  Speaker 4: not crazy about chocolate chip cookies. So the churro I love.
• 22:11
  Speaker 4: It was, I think, $ 1. 50 or $ 1. 99 for a churro
• 22:15
  Speaker 4: that was as long as your arm. And it's just
• 22:18
  Speaker 4: absolutely delicious.
• 22:19
  Speaker 2: Okay, we're done.
• 22:21
  Speaker 1: Now.
• 22:22
  Speaker 2: And it's just absolutely delicious. Okay, we're done.
• 22:26
  Speaker 3: Now... A story that's not so much fun. Dogs on
• 22:29
  Speaker 3: Skid Row. Dogs in Skid Row. And what the city
• 22:33
  Speaker 3: is doing. Homeless people with their dogs. And I'll jump
• 22:37
  Speaker 3: into that when we come back. This is KFI AM 640.
• 22:42
  Speaker 2: You've been listening to The Bill Handel Show. Catch my
• 22:44
  Speaker 2: show Monday through Friday, 6 a.m.
• 22:46
  Speaker 1: To 9 a.m.
• 22:47
  Speaker 2: And anytime on demand on the iHeartRadio app.