Latest / The Bill Handel Show / California Democrats Endorse Billionaire Tax | Update: Dodger Stadium Gondola

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California Democrats Endorse Billionaire Tax | Update: Dodger Stadium Gondola · The Bill Handel Show

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  Speaker 1: You're listening to bill Handle on demand from KFI AM
• 0:04
  Speaker 1: six forty.
• 0:06
  Speaker 2: Oh the love of my.
• 0:12
  Speaker 3: KFI AM six forty bill Handle. Here it is a
• 0:18
  Speaker 3: Monday morning, as we continue on with a show on
• 0:22
  Speaker 3: a Monday.
• 0:25
  Speaker 1: All right, what else am I going to doing here?
• 0:27
  Speaker 3: OHI is a quick word before we started jumping into
• 0:29
  Speaker 3: I've got a couple of things that I'm going to
• 0:30
  Speaker 3: be talking to you over the next few days.
• 0:32
  Speaker 1: Just fun events.
• 0:33
  Speaker 3: One of them Pageant of the Masters through September fourth.
• 0:39
  Speaker 3: It is real people transforming themselves into iconic works of art.
• 0:43
  Speaker 3: And I know that sounds a little bit weird. There's
• 0:45
  Speaker 3: nothing like it on the planet. It's in Laguna Beach,
• 0:50
  Speaker 3: Full Orchestra, and it is a show that well, if
• 0:54
  Speaker 3: you've never seen it, boy, are you in for a treat.
• 0:56
  Speaker 3: And if you have, you know how good it is.
• 1:00
  Speaker 3: I go every year and have for literally twenty five years.
• 1:03
  Speaker 3: I mean it is that good changes every year. That's
• 1:07
  Speaker 3: why you can go twenty five years in a row.
• 1:11
  Speaker 3: That I make myself clear on that one. Okay, fair enough, now,
• 1:16
  Speaker 3: damn I'm good today. You know it's smooth this morning.
• 1:19
  Speaker 3: It's just just a tremendous show pardon, I am on fire.
• 1:25
  Speaker 3: If you noticed that, well, it takes me a couple
• 1:27
  Speaker 3: of days to get back into the groove. Been doing
• 1:31
  Speaker 3: this for a while, and I know what it's like.
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  Speaker 3: Now here's a question, and this has been going on
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  Speaker 3: for a while, and that is that billionaire tax where
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  Speaker 3: California billionaires These are California residents who are worth a
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  Speaker 3: billion dollars or more, and the tax is to give
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  Speaker 3: to tax them one time at five.
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  Speaker 1: Percent of their worth.
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  Speaker 3: So if you have of someone that's worth one hundred
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  Speaker 3: billion dollars, that's the five billion dollar tax. Well, we
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  Speaker 3: don't have many that are worth one hundred billion dollars,
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  Speaker 3: but we have plenty that are what two billion dollars,
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  Speaker 3: eight billion dollars? There are plenty of those folks out there.
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  Speaker 3: And how many are there? By the way, there are
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  Speaker 3: there one thousand billionaires in California? Two close enough, two
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  Speaker 3: hundred one thousand, doesn't matter. So you have two hundred
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  Speaker 3: billionaires and let's say the average is three billion dollars.
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  Speaker 3: I'm just throwing some figures out there, So two hundred
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  Speaker 3: times three six hundred billion dollars, and so that becomes
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  Speaker 3: a thirty billion dollar hit and what is that for.
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  Speaker 3: It is to back up education and to just back
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  Speaker 3: up what programs that are running out of money or
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  Speaker 3: we've run a run out of money already. So let's
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  Speaker 3: talk about simply the politics of it. And here's the
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  Speaker 3: let me lay it right out right out. First of all,
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  Speaker 3: we go after rich people in our society. Rich people
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  Speaker 3: really shouldn't keep all of their money. Rich people should
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  Speaker 3: share it. Not that there's already a graduated income tax
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  Speaker 3: and capital gains tax. And here in California, I mean
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  Speaker 3: you've heard of capital gains tax where you have a
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  Speaker 3: lower tax rate, long term tax rate. Not in California.
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  Speaker 3: Every dime you make is fully taxable. And so you've
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  Speaker 3: got anybody who lives in California and receives any kind
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  Speaker 3: of income, it's fully taxable. And with billionaires, on top
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  Speaker 3: of their income, we're also talking about another five percent
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  Speaker 3: of their net worth of their assets. Oooh, that's a
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  Speaker 3: lot of money. So let's say you have you have
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  Speaker 3: a home. It's worth a million dollars, okay, which is
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  Speaker 3: not unusual, and you've paid it off and a lot
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  Speaker 3: of people do. You can add another fifty thousand dollars
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  Speaker 3: this year because you have a billion dollar home on
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  Speaker 3: top of property taxes, by the way, which are the
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  Speaker 3: literally the highest in the United States, are close to it.
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  Speaker 1: So this is going to go up on the ballot.
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  Speaker 3: And the California Democratic Party has just voted endorsed this
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  Speaker 3: billionaire's tax. You know who's against it, plenty of people,
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  Speaker 3: labor unions, Gavin.
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  Speaker 1: Newsom is against it. And so who's in favor of it?
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  Speaker 3: Well, everybody who thinks that billionaires should pay and let's
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  Speaker 3: figure out we're going to get money. Problem is it's
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  Speaker 3: unintended consequences. Because here is the fear. I think a
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  Speaker 3: lot of labor unions, I think a lot of folks,
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  Speaker 3: including Gavin Newsom, have no problem endorsing it as a
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  Speaker 3: matter of just political feelings. As a matter of morality,
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  Speaker 3: in many cases, billionaires should simply shouldn't be that rich
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  Speaker 3: and they should share the wealth. Now, the issue is
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  Speaker 3: it's just a simple money call. Are enough billionaires going
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  Speaker 3: to leave the state where no money comes in if
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  Speaker 3: they are not residents of California, or enough of them
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  Speaker 3: going to stay and then just do a benefit risk analysis.
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  Speaker 1: That's it.
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  Speaker 3: What's one side worth versus the other side? And I
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  Speaker 3: don't know how you do that. I mean, do you
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  Speaker 3: ask billionaires, you do a survey, are you going to
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  Speaker 3: leave the state?
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  Speaker 1: Are you not? We don't know, and we're not going
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  Speaker 1: to know till after the fact.
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  Speaker 3: And if the proponents of Prop forty the billionaire's tax
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  Speaker 3: are wrong, then not only do the billionaires not do
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  Speaker 3: we not get the five percent, but we don't get
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  Speaker 3: the benefit of the other money.
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  Speaker 1: That is taxed here.
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  Speaker 3: So we'll see. I have a moral issue with it now.
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  Speaker 3: I have no problem with the graduated income tax. I
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  Speaker 3: really don't, and wish is what we have. I mean California,
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  Speaker 3: I think we go up to thirteen and a half percent.
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  Speaker 3: Feds go up to thirty nine percent. So if you're
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  Speaker 3: talking about the top earners fifty two fifty three percent,
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  Speaker 3: which is just a chunk of money. Where if you
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  Speaker 3: ask most people, even those that really in FAI are
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  Speaker 3: in favor of tax, and ask them, what do you
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  Speaker 3: think a reasonable tax would be of your income? The
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  Speaker 3: vast majority say about a third. About a third of
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  Speaker 3: your income should go to taxes. Well, people in the
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  Speaker 3: highest tax bracket in California, granted, I mean I think
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  Speaker 3: it starts at a million dollars a year. But there
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  Speaker 3: are plenty of people that make a million dollars a year.
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  Speaker 3: You're already at fifty two, fifty three percent. And by
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  Speaker 3: the way, if you're a billionaire, figure another five percent
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  Speaker 3: that the government is going to take pursuant to Prop forty. Okay,
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  Speaker 3: we'll see what happens with that. We'll see what happens.
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  Speaker 3: I'm certainly not going to vote for it, no kidding,
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  Speaker 3: and not because a mozillion I'm a billionaire. It's just
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  Speaker 3: at some point you stop saying if you have money,
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  Speaker 3: you're gonna pay. You're gonna pay for everything. The poor
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  Speaker 3: and never pay, nor should they. The middle class used
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  Speaker 3: to pay, but there is no middle class now it's
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  Speaker 3: the wealthy that end up paying. And that's well, welcome
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  Speaker 3: to life.
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  Speaker 1: All right. Oh, this is a great what a segue
• 7:20
  Speaker 1: this was going to be.
• 7:22
  Speaker 3: This is the Dodger Stadium gondola plan and a Neil
• 7:28
  Speaker 3: mentioned about the Dodges themselves.
• 7:30
  Speaker 1: You got it, Bill Handle.
• 7:32
  Speaker 2: Your official home for Dodgers Baseball is AM five seventy
• 7:37
  Speaker 2: LA Sports. This afternoon, you're back to back World champion
• 7:40
  Speaker 2: Dodgers take on the Cubs in Chicago with first Pitch
• 7:44
  Speaker 2: at five Listen on AM five seventy LA Sports and
• 7:47
  Speaker 2: streaming on the iHeartRadio app live from the gallopin Ford
• 7:51
  Speaker 2: Broadcast Booth.
• 7:54
  Speaker 3: Okay, so now we're talking about the Dodgers and Chavezervine.
• 7:59
  Speaker 3: A little history about Chavez Ravine where the Dodgers play.
• 8:05
  Speaker 3: This was an area that had people living in there.
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  Speaker 3: There were homes there in Chaves Ravine, primarily Hispanic community.
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  Speaker 3: And when the Dodgers moved to Los Angeles in nineteen
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  Speaker 3: fifty five, the Dodgers were given Chavez Ravine to build
• 8:22
  Speaker 3: Dodger Stadium, and it was there was a lot of
• 8:26
  Speaker 3: controversy then no more controversy now because it's so old,
• 8:29
  Speaker 3: I mean nineteen fifty five.
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  Speaker 1: But when you talk about something that was built.
• 8:33
  Speaker 3: In nineteen fifty five, the issue becomes parking and the
• 8:39
  Speaker 3: roads going up to Chavez Ravine Dodger Stadium. And so
• 8:44
  Speaker 3: one of the ways in which they're trying to reduce
• 8:47
  Speaker 3: traffic is the Dodger Stadium gondola plan.
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  Speaker 1: And what is that? Well, do you remember Disneyland with
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  Speaker 1: the Skyway many many.
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  Speaker 3: Years ago where they had those small gondolas that would
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  Speaker 3: go across the park. Literally from one end to the other,
• 9:04
  Speaker 3: which is really neat to go on to so you
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  Speaker 3: can skip all the walking. And they went ahead and
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  Speaker 3: shut that down. And you know why they shut it
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  Speaker 3: down because I tell you what we used to do
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  Speaker 3: when we were on the ride and it was crowded.
• 9:17
  Speaker 3: If you take little either bits of paper or what else,
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  Speaker 3: will we use safety pins and just drop them on
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  Speaker 3: people on their heads. Toothpicks also very strong, and people go,
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  Speaker 3: what's that?
• 9:37
  Speaker 1: What's that?
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  Speaker 3: And they slapped their heads like they got bit by
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  Speaker 3: a mosquito. Well, so many people were doing that.
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  Speaker 1: Me I did that.
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  Speaker 3: I would spend hours going back and forth and making
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  Speaker 3: people miserable. So they figured, okay, we're done with that,
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  Speaker 3: and they got rid of the skyway. Well there's a
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  Speaker 3: new skyway being proposed, five hundred million dollars to ferry
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  Speaker 3: fans buy gondola from Union Station to Dodger Stadium. And man,
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  Speaker 3: that one is super controversy, and I'll tell you why,
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  Speaker 3: because it's going to go through a section of LA
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  Speaker 3: State Historic Park, dozens of trees, a space that was
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  Speaker 3: designed after years of community input and now big opposition
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  Speaker 3: including seven former State Park officials, four members of the
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  Speaker 3: State Park and Recreation Commission, and these staffers have sent
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  Speaker 3: a don't you dare letter to the commission.
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  Speaker 1: Here's what the letter says.
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  Speaker 3: Gondola cars encased in digital ads flying twenty five feet
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  Speaker 3: overhead every twenty five to thirty seconds would irre irreparably
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  Speaker 3: impair the vista and the sense of calm and escape
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  Speaker 3: from urban life. And that's a former state parks director
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  Speaker 3: wrote that, and the four former commissioners signed a jot
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  Speaker 3: letter and talked about how miserable it is going to be.
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  Speaker 3: So the state is considering an amendment now to the
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  Speaker 3: Parks General Plan that would allow for quote consideration, a
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  Speaker 3: review of the proposed Los Angeles Aerial Rapid Transit La
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  Speaker 3: Art Gondola project, that version of the Skyway. And who
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  Speaker 3: thought this went up? That would be McCourt. McCourt is
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  Speaker 3: the guy who sold the Dodgers. I think he bought
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  Speaker 3: it for nine hundred and something million dollars and sold
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  Speaker 3: the Dodgers for two point three and two point three
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  Speaker 3: billions and still kept the parking lot.
• 11:40
  Speaker 1: And this is his puffy. This is his puppy.
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  Speaker 3: And so we're looking at a hearing is going to
• 11:48
  Speaker 3: happen in the fall, and it's going to be a
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  Speaker 3: cage fight.
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  Speaker 1: Absolutely.
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  Speaker 3: Last December, supporters the foes squared off at a Metro
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  Speaker 3: Board meeting. The board green lighted the gondola. The La
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  Speaker 3: City Council has almost unanimously opposed, And so.
• 12:09
  Speaker 1: How much is going to be gained?
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  Speaker 3: Here's the question, because there are free shuttle buses that
• 12:14
  Speaker 3: now run to the ballpark from Union Station, and so
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  Speaker 3: how much is going to be saved? Also overhead gondola
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  Speaker 3: going over your neighborhood, I mean, how would you feel
• 12:26
  Speaker 3: about that? Them court people have suggested that the gondola
• 12:31
  Speaker 3: will be built with private money from advertising rights, for example,
• 12:37
  Speaker 3: and the rides will be free to Dodger ticket holders.
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  Speaker 1: The rest of us will have to.
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  Speaker 3: Pay if we want to go up there and drop
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  Speaker 3: toothpicks on people's heads that are underneath, which, if you
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  Speaker 3: have not done, that was one of the best parts
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  Speaker 3: of that skyway ride, really good.
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  Speaker 1: Okay, the La State Historic Park.
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  Speaker 3: Now, the early opposition was from Chinatown residents who did
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  Speaker 3: not like the idea of living under that skyway, which
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  Speaker 3: I can understand. You know, gondola twenty five feet above
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  Speaker 3: you going crazy every twenty five seconds. And so which
• 13:12
  Speaker 3: way are they going to go? Well, if you don't
• 13:14
  Speaker 3: live there, hey, that's a good idea. Now at that
• 13:19
  Speaker 3: point or where they're going used to be a former railyard,
• 13:25
  Speaker 3: which then became a giant industrial warehouse complex. And this
• 13:29
  Speaker 3: why is that important? Because Chinatown had to be relocated
• 13:34
  Speaker 3: to make the way for Union stations. So they've done
• 13:36
  Speaker 3: this a bunch of times. They have moved entire neighborhoods,
• 13:41
  Speaker 3: much like making way for Union station, making way for
• 13:46
  Speaker 3: Dodger Stadium. And so you have these ts like reservations
• 13:51
  Speaker 3: of Indians, we're going to move you over here over there.
• 13:54
  Speaker 3: And now the people that are there, particularly the Chinese community,
• 13:57
  Speaker 3: the Chinese American community, which they're going to have overhead
• 14:02
  Speaker 3: gondolas going past above them every twenty five to thirty seconds,
• 14:06
  Speaker 3: it could be a little problem. Not for me because
• 14:08
  Speaker 3: I don't live there, so I don't care, but for
• 14:11
  Speaker 3: you if you live there. The old gondola pay King Duck,
• 14:17
  Speaker 3: Dim Sum, very strong, great restaurants down there in Chinatown. Okay,
• 14:25
  Speaker 3: we're done with that. Here's the story. And we've been
• 14:29
  Speaker 3: talking about this a whole bunch and it's something fairly
• 14:32
  Speaker 3: new that parents are being held more and more responsible
• 14:37
  Speaker 3: for their kids' actions. For example, that father who gave
• 14:41
  Speaker 3: his son an AR fifteen or an assault weapon for
• 14:46
  Speaker 3: his birthday after the kids, after dad had been warned
• 14:50
  Speaker 3: several times that this kid had all kinds of mental problems.
• 14:54
  Speaker 3: Dad was convicted of I think second degree murder or
• 14:57
  Speaker 3: manslaughter fifteen years in prison. So parents are being held accountable.
• 15:02
  Speaker 3: Todd Spitzer, who is the Orange County District Attorney, who
• 15:05
  Speaker 3: has been well, I've known Todd for what thirty five
• 15:09
  Speaker 3: years already, and what he has done is he's created
• 15:12
  Speaker 3: a special unit to weigh potential charges against both juveniles
• 15:18
  Speaker 3: and adults related to e bikes and e motorcycles. And
• 15:24
  Speaker 3: why is that Because you have kids that are riding
• 15:28
  Speaker 3: these e bikes like lunatics. And I see that all
• 15:32
  Speaker 3: the time in my neighborhood and they do wheelies and
• 15:35
  Speaker 3: they're in the middle of the street and I just
• 15:39
  Speaker 3: want to hit the gas and run them over, but
• 15:41
  Speaker 3: I'm usually with Lindsay in the car, so she says, no,
• 15:43
  Speaker 3: you can't over. You can't run over kids, although I
• 15:46
  Speaker 3: sure as hell would like to. It is dangerous stuff,
• 15:50
  Speaker 3: and these kids get hurt, which is great, by the way.
• 15:53
  Speaker 3: I mean, the more of these kids fall down and
• 15:56
  Speaker 3: crack their heads open and their brain spills out, the
• 15:58
  Speaker 3: happier I am. But it is dangerous. These kids get
• 16:02
  Speaker 3: hurt and they're in the er. Talking to Jim Keeney,
• 16:06
  Speaker 3: he will tell you and has said that the number
• 16:10
  Speaker 3: of kids that are going into the er with injuries
• 16:13
  Speaker 3: is astronomical because these are e bikes and there's no controls,
• 16:19
  Speaker 3: and they ride them all over the street. And there
• 16:22
  Speaker 3: used to be bicycles, but bicycles don't go twenty eight
• 16:26
  Speaker 3: thirty miles an hour. Bicycles don't do what these e
• 16:29
  Speaker 3: bikes do, and even e motorcycles. What Spitzer said is
• 16:35
  Speaker 3: he wanted to make sure that his office was being
• 16:38
  Speaker 3: consistent when it came to charging decisions and sentencing recommendations.
• 16:44
  Speaker 3: And what he did is described e bikes and e
• 16:47
  Speaker 3: motorcycles as the number one reason Orange County kids end
• 16:51
  Speaker 3: up in the emergency room. There's a serious public health crisis.
• 16:55
  Speaker 3: We're doing everything we can to reduce injuries, save lives,
• 16:59
  Speaker 3: and if parents refuse to hold their kids accountable, then
• 17:03
  Speaker 3: the Orange County District Attorney's office will held will hold
• 17:06
  Speaker 3: parents accountable because why they're endangering the lives of their kids.
• 17:11
  Speaker 3: They're endangering the lives of everyone on the road. And
• 17:15
  Speaker 3: it really is that bad. As you drive around in
• 17:18
  Speaker 3: areas that have a lot of tweens, young people in there, Man,
• 17:23
  Speaker 3: look at the e bikes. I mean they're on sidewalks,
• 17:27
  Speaker 3: they're zipping along the street, they're in the middle of
• 17:30
  Speaker 3: the street, and they just don't seem to care. And
• 17:33
  Speaker 3: since most drivers tend to break instead of hitting those kids,
• 17:37
  Speaker 3: which is me, they do this with impunity.
• 17:42
  Speaker 1: I mean, it's just they're in their own world and
• 17:44
  Speaker 1: it is dangerous stuff.
• 17:46
  Speaker 3: And the parents instead of shutting it down, instead of
• 17:51
  Speaker 3: yanking the e bikes out of this kid's hands, whenever
• 17:55
  Speaker 3: there is an issue, how are the parent's going to know, Well,
• 17:58
  Speaker 3: someone's gonna complain some up, maybe there will be a
• 18:02
  Speaker 3: program in which the police officers who see this and
• 18:08
  Speaker 3: they will tell the parents. So what Todd did is
• 18:13
  Speaker 3: he created the Ride Safely, Smart, Accountability for e Bikes
• 18:18
  Speaker 3: and e Motos Law Enforcement for Youth Unit also known
• 18:25
  Speaker 3: as wg wgt NYA. That unit were going to nail
• 18:31
  Speaker 3: your asses, is what that sounds sounds like? And that
• 18:35
  Speaker 3: refers to and the team operates within the DA's Office
• 18:39
  Speaker 3: of Family Protection, the Family Protection Division, and gets prosecutors
• 18:44
  Speaker 3: from the Family Protection and Juvenile Justice units. It deals
• 18:48
  Speaker 3: with kids, and it goes further and deals with parents.
• 18:52
  Speaker 3: For active local criminal cases right now involving e motorcycles.
• 18:57
  Speaker 3: Tommy Joe Meyer at a last o Vier mom charged
• 19:00
  Speaker 3: with involuntary manslaughter and child de bouche abuse. Remember her
• 19:05
  Speaker 3: son killed that eighty one year old Vietnam veteran while
• 19:08
  Speaker 3: illegally riding an e bike and I was an motorcycle
• 19:13
  Speaker 3: I think in lake forests. Richard Easlaine, your Belinda, charged
• 19:19
  Speaker 3: with child abuse and dangerment after his twelve year old
• 19:23
  Speaker 3: crashed into or crashed at his allegedly illegally modified e
• 19:30
  Speaker 3: motorcycle and was seriously injured. That's the other thing these
• 19:33
  Speaker 3: kids do is they modify them.
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  Speaker 1: One of.
• 19:38
  Speaker 3: Lindsay's best friends, her kid is really good at modifying
• 19:45
  Speaker 3: e bikes. Matter of fact, he charges his friends. So
• 19:49
  Speaker 3: you go from a maximum of twenty five miles an
• 19:52
  Speaker 3: hour on these e bikes and he can make him
• 19:54
  Speaker 3: go thirty five miles an hour. Now along the sidewalk,
• 19:58
  Speaker 3: your zipping pretty quickly and think that's a little bit dangerous.
• 20:02
  Speaker 4: And did you mention the one in Burbank. I'm sorry
• 20:03
  Speaker 4: if I missed that, the one that just happened last
• 20:05
  Speaker 4: week here in Burbank.
• 20:06
  Speaker 1: I did not.
• 20:07
  Speaker 4: Sixteen year old was killed on his e motorcycle and
• 20:10
  Speaker 4: he had a passenger, a girl, teenage girl riding with him.
• 20:13
  Speaker 4: She's in critical condition. Happened literally right around the corner
• 20:17
  Speaker 4: from the station here.
• 20:19
  Speaker 1: Yeah, it's getting bad, bad, very bad.
• 20:22
  Speaker 3: There's a state law that prohibits riders under sixteen from
• 20:25
  Speaker 3: even operating e motorcycles. And here is a stat Children
• 20:31
  Speaker 3: ages eleven to fourteen account for nearly sixty two percent
• 20:35
  Speaker 3: of e motorcycle crashes statewide. So it is not only
• 20:40
  Speaker 3: against the law, is you know, I'm not even gonna
• 20:43
  Speaker 3: blame the kids. Some eleven twelve year old kid is
• 20:47
  Speaker 3: just you hand them an e bike and they're just
• 20:49
  Speaker 3: going to have a great time. You know, they're going
• 20:51
  Speaker 3: to zip along, and at some point it is the parents.
• 20:54
  Speaker 3: At all points, it's up to the parents to, you know,
• 20:57
  Speaker 3: make sure that the kid rides safely, and if not,
• 21:00
  Speaker 3: you take away the e bike is what you do.
• 21:04
  Speaker 3: And then you handcuff the kid to a bedpost and
• 21:10
  Speaker 3: no food.
• 21:10
  Speaker 1: No water for two weeks. I mean, that'll straighten it out.
• 21:14
  Speaker 2: How old are you supposed to be to even ride
• 21:16
  Speaker 2: one of these?
• 21:17
  Speaker 1: Sixteen? I think? Okay, so no.
• 21:19
  Speaker 2: Kid should have one under sixteen.
• 21:23
  Speaker 3: That I think is correct, I think. But how many
• 21:26
  Speaker 3: eleven or twelve year olds have them? If I'm not mistaken?
• 21:29
  Speaker 3: On the e bikes, I think it's sixteen.
• 21:31
  Speaker 4: The kids around my daughter's middle school, I'll ride them.
• 21:34
  Speaker 1: Yeah, of course they do. It's incredible. Okay.
• 21:37
  Speaker 3: Now, one of the things I talk about to Jim
• 21:40
  Speaker 3: about every week, and we mentioned this I don't know
• 21:42
  Speaker 3: how many times, and that is the way ers work
• 21:47
  Speaker 3: in this state and across the countries. We don't have
• 21:51
  Speaker 3: free health care unless you're very very poor, or unless
• 21:57
  Speaker 3: you go into the er and that they can't charge you.
• 22:01
  Speaker 3: By law, anybody going into the er and emergency room
• 22:06
  Speaker 3: has to first of all, be accepted. Second of all
• 22:10
  Speaker 3: has to be stabilized, which means, okay, we got you live.
• 22:15
  Speaker 3: You know, we plugged up that hole in your head
• 22:17
  Speaker 3: where the bullet went through, and now you're stabilized. So
• 22:20
  Speaker 3: we're going to send you to whatever hospital or send
• 22:22
  Speaker 3: you home, you don't have to treat beyond the emergency treatment. Well,
• 22:29
  Speaker 3: that is a real tough problem because there are more
• 22:33
  Speaker 3: poor people out there that don't have insurance. Affordable Care
• 22:37
  Speaker 3: Act enrollment fell by two and a half percent as
• 22:40
  Speaker 3: of February because the federal subsidies expired, so uninsured patients
• 22:46
  Speaker 3: or skipping preventive care elective procedures. Let me tell you
• 22:50
  Speaker 3: the cost of this stuff we're talking about, insurance student.
• 22:53
  Speaker 3: This is the story Wall Street Journal Suzanne Mercer and
• 22:56
  Speaker 3: her husband lost their Affordable Care Act plan this year
• 23:00
  Speaker 3: because they couldn't afford to pay more than four thousand
• 23:03
  Speaker 3: dollars a month for coverage, so they just stop going
• 23:07
  Speaker 3: to see their doctors. And they are one of millions
• 23:11
  Speaker 3: of Americans simply going without Health Scare insurance because they
• 23:13
  Speaker 3: can't afford it.
• 23:14
  Speaker 1: That's a given, because that's the way.
• 23:16
  Speaker 3: We roll and under the Affordable Care Act Obamacare, that
• 23:21
  Speaker 3: is being cut over and over again by the Trump
• 23:24
  Speaker 3: administration because we don't like socialized medicine. Unless you're over
• 23:30
  Speaker 3: sixty five, then you have Medicare, which is completely socialized medicine.
• 23:34
  Speaker 3: And again is simply a question of philosophy. What's important
• 23:39
  Speaker 3: to the government, what's important to a society. So what's
• 23:43
  Speaker 3: happening is obviously poor people getting nailed, but you know
• 23:46
  Speaker 3: what ELSA is getting nailed. Hospital companies, hospitals themselves, tenant healthcare,
• 23:52
  Speaker 3: universal health services, growing costs, and they're all bitching and
• 23:57
  Speaker 3: they should. Healthcare four hundred million dollars drag on profits
• 24:03
  Speaker 3: in the second quarter, four.
• 24:05
  Speaker 1: Hundred million dollars.
• 24:06
  Speaker 3: South, You've got the people that make the robotic assistant
• 24:10
  Speaker 3: surgery machines DA Vinci Quest diagnosis all getting hit big
• 24:15
  Speaker 3: time because people aren't going which means fewer obviously fewer visits,
• 24:22
  Speaker 3: which means that the hospitals are getting a whole lot
• 24:26
  Speaker 3: less money. And it is a spiral. It is a
• 24:30
  Speaker 3: downward spiral. And these problems for hospitals are going to
• 24:34
  Speaker 3: grow because Medicaid is adding federal work requirements. Next year,
• 24:39
  Speaker 3: you don't meet the work requirements, you don't get Medicaid.
• 24:42
  Speaker 3: And it's already ticking downward in terms of enrollment. The
• 24:46
  Speaker 3: Congressional Budget Office projects four point one billion, four point
• 24:50
  Speaker 3: one million more people will lose coverage next year. It's
• 24:56
  Speaker 3: a double AMMI for these hospitals because people stop coming
• 25:00
  Speaker 3: in for elective procedures that hurts revenue.
• 25:04
  Speaker 1: Then you have a big.
• 25:05
  Speaker 3: Blow when patients without coverage come into the emergency room.
• 25:10
  Speaker 3: A lot of people now use the emergency room as
• 25:14
  Speaker 3: their primary physicians. Emergency rooms are no longer emergencies. They're
• 25:21
  Speaker 3: basically a general clinic. Jim will tell you that all
• 25:27
  Speaker 3: day long, and hospitals are required remember when I talked
• 25:32
  Speaker 3: about stabilization and then getting you out of there.
• 25:34
  Speaker 1: They don't get paid for that. The hospitals don't get.
• 25:37
  Speaker 3: Paid, so they lose money, and so they ask the
• 25:43
  Speaker 3: state in this case California, ask the state to give money,
• 25:46
  Speaker 3: and that money is paid for through federal programs, and
• 25:50
  Speaker 3: that's all being cut like crazy. So, as Jim would say,
• 25:54
  Speaker 3: here's the advice regarding emergency rooms. Stay the hell away,
• 26:00
  Speaker 3: stay away.
• 26:04
  Speaker 1: No fun.
• 26:05
  Speaker 3: And that's one of the reasons that I tend not
• 26:08
  Speaker 3: to go to the er. Because it's a four hour weight.
• 26:11
  Speaker 3: It can be a five hour weight sitting in that
• 26:13
  Speaker 3: waiting room. I mean, it's just crazy. Our system is
• 26:17
  Speaker 3: so broken, and yet at the same time, any major
• 26:21
  Speaker 3: changes other than cutting funds is the only thing that's happening. Okay, Chad,
• 26:27
  Speaker 3: Today is a day where everything is falling apart, isn't it.
• 26:31
  Speaker 3: So I'm going to tell you about something more that's
• 26:32
  Speaker 3: falling apart, and that are that's colleges and what colleges
• 26:37
  Speaker 3: are doing because they're not bringing enough money just to
• 26:40
  Speaker 3: pay their utility bills just keep the water running. I
• 26:44
  Speaker 3: guess where they're going to do that, and that story
• 26:47
  Speaker 3: is coming up in the meantime.
• 26:48
  Speaker 1: This is Kfi A M six'. Foy you've been listening
• 26:52
  Speaker 1: to The Bill handle.
• 26:53
  Speaker 3: Show catch my Show monday Through, friday six am to nine,
• 26:56
  Speaker 3: am and anytime on demand on the iheartratedio.
• 27:00
  Speaker 1: App