Latest / The Bill Handel Show / LAX Investing to Relieve Traffic | Paycheck to Paycheck

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LAX Investing to Relieve Traffic | Paycheck to Paycheck · 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. I am six.
• 0:09
  Speaker 2: Forty handle here, good morning. It is a not rainy
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  Speaker 2: Monday morning. Certainly was raining over the weekend. DA luge
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  Speaker 2: is the only word that you could apply to the
• 0:20
  Speaker 2: kind of rain that was coming down coming. I think
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  Speaker 2: tomorrow or Wednesday, we have another one.
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  Speaker 1: Actually, this afternoon is supposed to kind of roll in. Oh,
• 0:30
  Speaker 1: that's even worse.
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  Speaker 2: So Wednesday becomes clear again, and then another one comes
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  Speaker 2: in after that. Correct, Welcome to Droughtland. I just wanted
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  Speaker 2: to point that out, all right. I want to tell
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  Speaker 2: you about what's going on the Republican Party. Now, we
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  Speaker 2: already have a split among Republicans with the release of
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  Speaker 2: the Epstein files, no question about that. But there was
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  Speaker 2: a study about Republicans in California. They're more divided than
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  Speaker 2: ever on the immigration Paul And here is no shocker
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  Speaker 2: and no surprise. Latinos, young people from eighteen to twenty
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  Speaker 2: nine and moderate women in the Republican Party here in California.
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  Speaker 1: Boy, have they diverged from Trump's policies.
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  Speaker 2: Forty six percent of the Latino Republicans disagree with deporting
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  Speaker 2: immigrants who have resided in the country for a long time,
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  Speaker 2: compared with thirty percent of white counterparts. And why, well,
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  Speaker 2: you look at the sleeping crackdown on immigration, launching the
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  Speaker 2: ICE raids across the country, removing legal barriers in order
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  Speaker 2: to make deportations faster. I told you about one of
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  Speaker 2: Lindsay's best friends, the mother in law, her son in
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  Speaker 2: law was picked up at the airport and as he
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  Speaker 2: describes that he's in El Salvador right now, he was deported.
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  Speaker 2: He described the horrific treatment that he got from the
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  Speaker 2: ICE agents. Now, to be fair, and I don't know
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  Speaker 2: the answer, but I'm moving towards that the news is
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  Speaker 2: ICE agents treating people like crap. Ice agents actually being
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  Speaker 2: professional you don't see much of. And with all these
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  Speaker 2: thousands of ICE agents, are all of them, most of
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  Speaker 2: them treating these immigrants horribly, I would guess not. Now,
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  Speaker 2: it's the cat that ran that didn't run up the
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  Speaker 2: tree doesn't get the news, and that may be what
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  Speaker 2: this is about. But at this point, and this is
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  Speaker 2: I won't say it's a shocker, but this is the
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  Speaker 2: difference Trump when he was elected this time around, well,
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  Speaker 2: he had made substantial inroads with the Latino community gained
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  Speaker 2: Latino voters far more than typical Democratic candidates. Get now, why,
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  Speaker 2: my guess it was about prices. It was about about inflation.
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  Speaker 2: I think that was the number one issue, inflation and
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  Speaker 2: the prices of goods. And he came into office, he
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  Speaker 2: promised that prices would be lowered. He was going to
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  Speaker 2: come in and make life livable again. Inflation would stop
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  Speaker 2: under his administration, And of course it didn't.
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  Speaker 1: It couldn't. Inflation is there no matter what.
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  Speaker 2: And you add people that are having a rough time financially,
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  Speaker 2: more so now than before, who were hoping that his
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  Speaker 2: promises would be kept.
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  Speaker 1: Well they're not. So all of a sudden, this view
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  Speaker 1: of Donald Trump.
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  Speaker 2: People are not looking at it with these rose tinted glasses.
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  Speaker 2: And what Latinos are seeing is Latinos are getting nailed.
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  Speaker 2: Why because most of the immigrants of vast, vast majority,
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  Speaker 2: of course the Latino where ice pick up Latinos, well,
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  Speaker 2: they go to places where Latinos hang around. You're not
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  Speaker 2: going to see any more people at home depot near
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  Speaker 2: the driveways.
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  Speaker 1: You don't see.
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  Speaker 2: Many laborers congregate trying to get work. You don't see
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  Speaker 2: many places where you know fairs, events where Latinos hang out,
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  Speaker 2: they're at home, they're frightened of being picked up. And
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  Speaker 2: you have a Latino population that are going, wait a minute,
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  Speaker 2: we're getting nailed as much because we're Latino than we
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  Speaker 2: are about being illegal immigrants. That's the philosophy that we're
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  Speaker 2: now seeing, and they're not liking it.
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  Speaker 1: We're talking about Republicans now.
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  Speaker 2: Democrats are way way over to the left and do
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  Speaker 2: not like what's happening with immigration. But I have always
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  Speaker 2: been I won't say anti immigration, but a strong believer
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  Speaker 2: in border control. I do believe that there is a
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  Speaker 2: limit to how many people you can let in Ama
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  Speaker 2: Lazarus with send us the poor, the wretched, open arms.
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  Speaker 2: America is the place where people want to go and
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  Speaker 2: we should allow them in, which is kind of crazy.
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  Speaker 2: But have we gone too far? Has the Trump administration
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  Speaker 2: gone too far?
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  Speaker 1: You bet? You bet?
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  Speaker 2: Now the argument that they haven't gone too far is
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  Speaker 2: ille ill. Immigration crossing the border has dropped to a
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  Speaker 2: trickle relative to what Joe Biden had done when he
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  Speaker 2: was president, And was that wrong? Yeah, yeah, Joe Biden.
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  Speaker 2: Biden went the other way. He was way too liberal,
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  Speaker 2: And now we have people being picked up, and I
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  Speaker 2: mean viciously. They're being picked up. And when Christy Noms
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  Speaker 2: says it's only the worst of the worst, that's simply
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  Speaker 2: not true.
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  Speaker 1: That is absolutely not true.
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  Speaker 2: The majority of people that are being picked up do
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  Speaker 2: not have criminal records, and if they have criminal records,
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  Speaker 2: it was There's.
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  Speaker 1: Been some with traffic tickets that are on the record.
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  Speaker 2: So we'll see how many more Republicans go the way
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  Speaker 2: of not being particularly happy with what's going on. And
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  Speaker 2: I'm part of that group. I'm not a Republican, as
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  Speaker 2: you know. I'm an affiliate, it always have been. I've
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  Speaker 2: never been registered anything. But I'm certainly part of the
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  Speaker 2: group that are going Wait a minute, this is way
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  Speaker 2: way too far.
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  Speaker 1: All right.
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  Speaker 2: Moving over to lax La International Airport. If you are
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  Speaker 2: going overseas, you're going to have to go to lax
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  Speaker 2: lax is considered one of the worst airports.
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  Speaker 1: In the world now.
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  Speaker 2: Prior to the Olympics in nineteen eighty four, the lax
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  Speaker 2: was completely revamped and it went from.
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  Speaker 1: Horrible to horrible.
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  Speaker 2: And now we're talking about a one point five billion
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  Speaker 2: dollar program which has just been approved by the lax
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  Speaker 2: which is its own government. Semi government agency to relieve traffic. Okay,
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  Speaker 2: roadway improvements aimed at reducing traffic at entrances and exits
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  Speaker 2: and eliminating queuing on public roads. And they're going to
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  Speaker 2: do this ahead of the twenty twenty eight Olympic Games.
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  Speaker 2: Now I want to point something out. Okay, here is
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  Speaker 2: what it's about. I'm gonna repeat this roadway improvement aimed
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  Speaker 2: at reducing traffic at the entrances and the exits and
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  Speaker 2: eliminating the line on public roads to get into the airport.
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  Speaker 2: Have you noticed I didn't say changing that crazy ass
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  Speaker 2: horseshoe that lax is all about even when there is
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  Speaker 2: no traffic coming into the airport, and there have been
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  Speaker 2: days where there's no traffic coming in. So let's say
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  Speaker 2: this comes into fruition and traffic is released coming in
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  Speaker 2: and exiting the airport. Once you hit the airport itself,
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  Speaker 2: it can take you an hour to go from Terminal
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  Speaker 2: one to Terminal seven all the way around, because people
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  Speaker 2: are parked at the exits baggage claim. As they walk
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  Speaker 2: outside of baggage claim and folks who are picking them
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  Speaker 2: up are now at the curb and then next to
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  Speaker 2: the car at the curb, the next to the car
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  Speaker 2: that's next to the car at the curb. I've never
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  Speaker 2: seen it more than four deep or more than three deep,
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  Speaker 2: because they just don't allow that to happen because that
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  Speaker 2: blocks the roadway completely. So be prepared for a huge
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  Speaker 2: amount of construction, and I mean a huge amount of construction,
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  Speaker 2: and it's not going to be very easy. I hate
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  Speaker 2: this airport, and there really is no choice Southern California.
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  Speaker 2: If you are going to Europe, for example, if you
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  Speaker 2: are going to Japan anywhere in the East, you're not
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  Speaker 2: taking off from Long Beach. You're not taking off well
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  Speaker 2: obviously from Hollywood Burbank, which is a regional airport. You're
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  Speaker 2: not taking off from Ontario or John Wayne. To some extent,
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  Speaker 2: you are, but nothing like the trip that you are
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  Speaker 2: going to take. So now they're building two new terminals,
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  Speaker 2: but those have slowed down tremendously and they're just going
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  Speaker 2: to go on for years and years, and they're going
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  Speaker 2: to go at their own incremental speed in terms of construction.
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  Speaker 2: Why is that the terminal expansion plan has been paused
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  Speaker 2: because the projections were that one hundred million visitors were
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  Speaker 2: going to hit lax in the years to come one
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  Speaker 2: hundred million per year. Last year the airport had just
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  Speaker 2: seventy seven million travelers, twenty percent lower than it's twenty
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  Speaker 2: nineteen high.
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  Speaker 1: So the projects are on hold until.
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  Speaker 2: They figure out that there are going to be enough customers,
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  Speaker 2: enough travelers, enough people to pick up travelers and drop
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  Speaker 2: them off. So the good news is at seventy seven
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  Speaker 2: million travelers. The bad news is that every one of
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  Speaker 2: them were at the airport when you were driving in
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  Speaker 2: and it was completely crazy. So LAX is going to
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  Speaker 2: go from one of the worst airports in the world
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  Speaker 2: to one of the worst airports in the world. It
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  Speaker 2: was poorly designed day one. Every time has been remodeled,
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  Speaker 2: it's poorly designed. They have to get rid of that horseshoe.
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  Speaker 2: The problem is where is the airport going to be built.
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  Speaker 2: There are no huge areas. There is I think it's
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  Speaker 2: west of the airport.
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  Speaker 1: There was.
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  Speaker 2: A community and the airport bought that land to increase
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  Speaker 2: the size and never did the land. The houses where
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  Speaker 2: they're vacant boarded up for years and years and years.
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  Speaker 2: I don't even know what happened to them. I still
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  Speaker 2: think that land is vacant. Ann would you look that
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  Speaker 2: up and tell me if that's true true or not.
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  Speaker 2: The vacant land east of the airport that was bought
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  Speaker 2: by the airport authority, there's no place for the airport
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  Speaker 2: to go. It can't go it can't go it can't
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  Speaker 2: go east. That society, you can't go east, you can't
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  Speaker 2: go west. But building the airport, no, it's not going
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  Speaker 2: to work. So we're screwed when it comes to lax.
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  Speaker 2: That's all it's you're fined. You might as well drive
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  Speaker 2: to Japan's You're probably an evid easier time. All right, guys,
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  Speaker 2: we're done with that now. I want to talk about
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  Speaker 2: how rough it is in the United States to live.
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  Speaker 2: And I think this is happening most of the world,
• 12:36
  Speaker 2: but you know, we obviously concentrate it. What's happening here
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  Speaker 2: and here is what's really an issue. And this is
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  Speaker 2: from CNN. One in four households are living paycheck to paycheck. Now,
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  Speaker 2: there's already there. There has always been a percentage of
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  Speaker 2: people living paycheck to paycheck, but it has exploded. According
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  Speaker 2: to Bank of America, twenty four percent of US households
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  Speaker 2: are living paycheck to paycheck so far in twenty twenty
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  Speaker 2: five and it may get worse. And Bank of America
• 13:08
  Speaker 2: come through its internal data and there's a lot of
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  Speaker 2: a lot of information on this. There's a lot of
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  Speaker 2: research they did, and the problem is that twenty four
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  Speaker 2: percent of these households spend over ninety five percent of
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  Speaker 2: their income on necessities, leaving absolutely nothing for the nice
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  Speaker 2: to have things like going out to dinner, even taking
• 13:31
  Speaker 2: a vacation. And that's not even including savings. We have
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  Speaker 2: that K shaped economy where the K part going up
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  Speaker 2: are the rich people and part of the K going
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  Speaker 2: down are the poor people. And it is very tough.
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  Speaker 2: A lot of people are struggling just to get by.
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  Speaker 2: The President dismisses that as a con job conjured up
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  Speaker 2: by Democrats, and that's all based on on fake news.
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  Speaker 2: That's not true. It is not fake news. It is
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  Speaker 2: real news. And the rule of the thirty percent rule
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  Speaker 2: of which thirty percent of your income should go to
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  Speaker 2: rent or housing has gone by the wayside years ago.
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  Speaker 2: And as an example, Amy has brought this up and
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  Speaker 2: has admitted this fifty percent of her income goes to rent. Now,
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  Speaker 2: you know, usually I make fun of how little money
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  Speaker 2: we all make, but Amy makes a good living. She
• 14:37
  Speaker 2: makes a decent living even though she works at iHeart.
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  Speaker 2: And that's not because they're wonderful people. She's part of
• 14:42
  Speaker 2: a union that forces the issue. So Amy is fairly
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  Speaker 2: comfortable no matter what. But let me ask some Amy,
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  Speaker 2: how long has it been since fifty percent of your
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  Speaker 2: income goes to housing? It's been a while, although they
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  Speaker 2: you know, I mean, I've had my rent go up.
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  Speaker 2: I've been here for forever and my rents increase more
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  Speaker 2: than fifty percent.
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  Speaker 1: That's true, but we don't know.
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  Speaker 2: If you look at the figure it has your income
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  Speaker 2: has not gone up as as quickly as the rent
• 15:17
  Speaker 2: has gone up.
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  Speaker 1: And that happening. No, no, no, So it's been at
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  Speaker 1: least a few years. Yeah, it's getting worse and worse.
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  Speaker 1: That's the problem.
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  Speaker 2: And when people who don't make a good living are
• 15:29
  Speaker 2: nailed with this, it is very, very difficult living paycheck
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  Speaker 2: to paycheck. I am not an exceptionalist. I am not
• 15:36
  Speaker 2: some that says America is the greatest country. In certain aspects.
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  Speaker 2: It is, but aspects like housing and living paycheck to
• 15:47
  Speaker 2: paycheck not even close. You go to the Scandinavian countries,
• 15:51
  Speaker 2: that's where you want to be poor that's where they
• 15:53
  Speaker 2: have the safety net.
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  Speaker 1: The US does not. What are you going to say,
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  Speaker 1: we're the greatest country in the world.
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  Speaker 2: Are healthcare is the great is among the greatest countries
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  Speaker 2: in the world, isn't it? Mortality rate is number nineteen
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  Speaker 2: or twenty, literacy rate is down in the twenties, and unfortunately,
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  Speaker 2: living paycheck to paycheck among industrialized nations. Now, obviously you
• 16:21
  Speaker 2: go to Sudan or Yemen, there is no paycheck and
• 16:24
  Speaker 2: you're eating sand for dinner.
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  Speaker 1: I got it.
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  Speaker 2: But when you're talking about industrialized nations, it is very
• 16:32
  Speaker 2: tough to be poor. And more and more Americans are
• 16:35
  Speaker 2: living paycheck to paycheck. It is now twenty five percent,
• 16:39
  Speaker 2: and that is a figure that we should be completely
• 16:43
  Speaker 2: ashamed of. That's a shanda. I don't know if you've
• 16:47
  Speaker 2: heard of the Coastal Commission. Here in California. The Coastal
• 16:52
  Speaker 2: Commission addresses building along the coast. Goes about one thousand
• 16:56
  Speaker 2: yards inland, and if you want to build along the coast,
• 17:00
  Speaker 2: have to deal with the Coastal Commission. You know, in
• 17:02
  Speaker 2: addition to dealing with the cities, for example Malibu, other
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  Speaker 2: cities that are on the coast, including at Orange County
• 17:11
  Speaker 2: has a lot, a lot of coastline, and the Coastal
• 17:15
  Speaker 2: Commission is sort of the last bastion of telling you
• 17:18
  Speaker 2: to go pound sand. Well, actually you can't pound sand
• 17:23
  Speaker 2: because if you're building on the sand, the Coastal Commission
• 17:26
  Speaker 2: is not going to let you pound it because you're
• 17:27
  Speaker 2: not going to live on the beach. And it has
• 17:31
  Speaker 2: been so difficult to deal with that, people just give up.
• 17:36
  Speaker 2: They just say no to everything. Well, there is a
• 17:40
  Speaker 2: big problem with housing, low income housing, and the Coastal
• 17:43
  Speaker 2: Commission is changing now.
• 17:46
  Speaker 1: The Coastal Commission is.
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  Speaker 2: Twelve people on it and three appointing authorities, the Governor,
• 17:53
  Speaker 2: the Speaker of the Assembly, and the California a Senate
• 17:56
  Speaker 2: Rules Committee. It was created after the Santa Barbara oil
• 18:00
  Speaker 2: spill to control what is off the coast and that
• 18:04
  Speaker 2: includes building. And I have I know developers who have
• 18:09
  Speaker 2: spent years dealing with a Coastal Commission, and the Coastal
• 18:15
  Speaker 2: Commission will say no, for example, to certain seasons you
• 18:18
  Speaker 2: can't build. For example, the huntback turtle. I don't even
• 18:23
  Speaker 2: know if there is a huntback turtle, but there are animals, flies,
• 18:27
  Speaker 2: or insects or little mammals fish that are indigenous to
• 18:32
  Speaker 2: our area and therefore during mating season you can't build.
• 18:38
  Speaker 2: And there are other indigenous species which during their mating
• 18:43
  Speaker 2: system you can't build, and sometimes they overlap, so you
• 18:47
  Speaker 2: can't build at all. And so you go in front
• 18:50
  Speaker 2: of the Coastal Commission because those are rules, and you
• 18:52
  Speaker 2: ask for a waiver, you ask for permission to build,
• 18:56
  Speaker 2: and historically they've said no, no, thanks, rather or not,
• 19:01
  Speaker 2: we want to protect the coastline and we do that
• 19:03
  Speaker 2: by not letting you build.
• 19:05
  Speaker 1: Well, it has gone the other way.
• 19:08
  Speaker 2: Because of the lack of affordable housing, and now we're
• 19:14
  Speaker 2: going to see are we going to see affordable housing
• 19:18
  Speaker 2: along the coast? And that makes it I don't know
• 19:23
  Speaker 2: how in fact, people or any organization or any entity,
• 19:28
  Speaker 2: any miss municipality or county can possibly buy land along
• 19:32
  Speaker 2: the coast to build. But there's a land, there's a
• 19:36
  Speaker 2: coastal lands that belong to the state that have nothing
• 19:39
  Speaker 2: to do with private ownership, and the Coastal Commission controls ohs,
• 19:45
  Speaker 2: and so I think what you're going to do is see.
• 19:49
  Speaker 2: And this is really tough because if you're building a
• 19:51
  Speaker 2: fourteen million dollar house in Newport Beach for example, along
• 19:56
  Speaker 2: the coast, is there going to be just up the street,
• 20:02
  Speaker 2: up the coast affordable housing? And there is tons of
• 20:06
  Speaker 2: affordable housing out there, just not along the coast. Except
• 20:10
  Speaker 2: there's one trailer park in Malibu that overlooks it's on
• 20:15
  Speaker 2: a bluff and it overlooks the Pacific Ocean. It's one
• 20:18
  Speaker 2: of the it's a million dollar view and it is
• 20:22
  Speaker 2: a trailer park. Now nobody leaves, and the ground rent
• 20:29
  Speaker 2: is an expensive relative to what it would cost to
• 20:33
  Speaker 2: rent there or build there. And that's it. It's all
• 20:36
  Speaker 2: I know as far as affordable housing. All right, we're done, guys,
• 20:40
  Speaker 2: that's it all right? Coming up?
• 20:42
  Speaker 1: Oh, Gary and Shannon, of course we're up. Next.
• 20:45
  Speaker 2: We start all over again tomorrow morning with wake up call,
• 20:49
  Speaker 2: and that involves the lovely Amy and Will Coleschreiber, and
• 20:54
  Speaker 2: then Neil and I jump aboard, and then taking care
• 20:56
  Speaker 2: of all this is Kono and Ann and off she's
• 21:01
  Speaker 2: running someplace in the meantime.
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  Speaker 1: Well, I guess we'll see you tomorrow. You know, it's
• 21:06
  Speaker 1: probably gonna be wet tomorrow, but so be it. This
• 21:09
  Speaker 1: is KFI Am sixty.
• 21:12
  Speaker 2: You've been listening to the Bill Handle show, Catch my
• 21:15
  Speaker 2: show Monday through Friday six am to nine am, and
• 21:18
  Speaker 2: anytime on demand on the iHeartRadio app.