Latest / The Bill Handel Show / AI Putting Pressure on CA Electric Grid | Parents’ Weed Infused Edibles
Transcript
- 0:00Speaker 1: You're listening to Bill Handle on demand from KFI AM
- 0:04Speaker 1: six forty.
- 0:08Speaker 2: AM six forty handle. Here it is a Tacol Tuesday
- 0:11Speaker 2: Summer night. Some of the stories we're looking at yesterday
- 0:15Speaker 2: Mulholland Snake, Well, the Mulholland Snake, that area of Maulholland
- 0:21Speaker 2: Boulevard that just opened up after a couple of years
- 0:24Speaker 2: and it was hideously dangerous. And so it's good news
- 0:28Speaker 2: because it already saw its first crash, what twenty two
- 0:31Speaker 2: seconds after it opened up, which is absolutely great news. Also,
- 0:35Speaker 2: a new star is going on Hollywood Walk of Fame
- 0:38Speaker 2: and I didn't know you could even do this, And
- 0:40Speaker 2: it's going to be dedicated to the brave heroes legitimately
- 0:45Speaker 2: who battled the Palisades and Sunset fires earlier this year.
- 0:49Speaker 1: Not that they don't deserve it, they do.
- 0:51Speaker 2: I just didn't know that the Walk of Fame I
- 0:54Speaker 2: had organizations as part of it, you know, much like
- 0:59Speaker 2: the I think the Nobel Peace Price can go to organizations,
- 1:04Speaker 2: which it has in the past.
- 1:05Speaker 1: So this is well, they certainly deserve it. Okay.
- 1:08Speaker 2: Now a little bit about the data center, the data
- 1:13Speaker 2: center boom, and we know that AI sucks up a
- 1:18Speaker 2: tremendous amount of power. And where do you get the
- 1:21Speaker 2: power again from utilities of course. And here is what's
- 1:25Speaker 2: going on, and this is the part that's kind of interesting.
- 1:28Speaker 2: This came out of a cal Matters event in downtown
- 1:31Speaker 2: San Jose. And the bottom line is AI and growing
- 1:36Speaker 2: demand for these centers putting a lot new pressure on
- 1:40Speaker 2: it California's electric grid. Which makes sense because when we're
- 1:44Speaker 2: talking about a whole lot of pressure, you got to
- 1:45Speaker 2: build more.
- 1:46Speaker 1: We have to produce more energy.
- 1:48Speaker 2: It's not only a question of the power plants, but
- 1:50Speaker 2: also the infrastructure, the power lines, the transformers to transfer
- 1:55Speaker 2: all this power around. Well, San Jose, with this took place,
- 2:00Speaker 2: is ground zero for how California is going to deal
- 2:03Speaker 2: with the rise of data centers that are going to
- 2:06Speaker 2: be used to power artificial intelligence. And here is the
- 2:10Speaker 2: fly in the ointment, and that is the utility has
- 2:16Speaker 2: to effectively guess how much power is going to be
- 2:22Speaker 2: needed by these data centers.
- 2:24Speaker 1: You can't do it retrospectively.
- 2:26Speaker 2: You have to do it proactively because let's say data
- 2:30Speaker 2: center is built and all of a sudden, it needs
- 2:32Speaker 2: a hell of a lot more power than is currently available.
- 2:35Speaker 1: In that region.
- 2:36Speaker 2: Well, how long you think it takes to build up
- 2:38Speaker 2: more power. You just don't overnight build new power plants
- 2:41Speaker 2: or install transmission lines or basically enhance the grid. So
- 2:47Speaker 2: what happens is they have to guess and this is
- 2:51Speaker 2: what the utilities are going up to the state because
- 2:54Speaker 2: the state controls this and saying we think this is
- 2:58Speaker 2: going to happen. We don't know if it's true or not,
- 3:01Speaker 2: but we want the capability of this happening. And first
- 3:05Speaker 2: of all, the state has to give the ability for
- 3:08Speaker 2: them to even begin. They have to ask permission to
- 3:12Speaker 2: build these power sites, the plants, the power lines, transmission lines, etc.
- 3:18Speaker 1: And then the argument is.
- 3:20Speaker 2: How much capability should or should they not have, and
- 3:23Speaker 2: what should they build in anticipation and who pays for it?
- 3:27Speaker 2: And that's the fight that's going on because forecasting is
- 3:31Speaker 2: particularly tough. And why well, I'll tell you there was
- 3:37Speaker 2: one of the experts, ling Men, who directs Stanford's Bits
- 3:40Speaker 2: and Watts initiative, says that forecasting is really tough. Why well,
- 3:47Speaker 2: let's look at chat, GPT the app and other apps
- 3:53Speaker 2: of that same milk that use large language models. Which
- 3:57Speaker 2: ones are going to take off which ones are not,
- 4:00Speaker 2: how popular are they going to be, How much electricity
- 4:04Speaker 2: is going to be needed, How much power is going
- 4:06Speaker 2: to be needed to build and to build, create and
- 4:13Speaker 2: maintain these power these data centers. No one has any idea,
- 4:18Speaker 2: and the utilities have to guess. So local officials have
- 4:23Speaker 2: begun to grapple with all of this. Also, keep in
- 4:26Speaker 2: mind that by twenty forty five we have to be
- 4:30Speaker 2: what is the word I'm looking for, By twenty twenty five,
- 4:34Speaker 2: we have to be carbon free, that's the phrase, carbon
- 4:37Speaker 2: free electricity by twenty forty five.
- 4:39Speaker 1: So you have we can't even do it now.
- 4:42Speaker 2: Why is that even if we go one hundred percent
- 4:44Speaker 2: carbon free, they're still backup generators.
- 4:47Speaker 1: And what do you do during heat spells?
- 4:50Speaker 2: Right now, we only use a portion of what the
- 4:54Speaker 2: capability is like normally you wake up this morning, we're
- 4:56Speaker 2: about forty five percent of the capability of what the
- 5:00Speaker 2: the grid could produce. Well, okay, nothing, We have plenty
- 5:03Speaker 2: of power, not when it's hot, not when it's insanely hot,
- 5:07Speaker 2: we don't, and so add to the demand when it's
- 5:11Speaker 2: insanely hot, and a data center which they have to
- 5:15Speaker 2: keep be kept very cold and they're massive. Put all
- 5:19Speaker 2: that together, and you're gonna need a lot more electricity. Okay,
- 5:22Speaker 2: how much?
- 5:23Speaker 1: We don't know.
- 5:24Speaker 2: Well, how big is the power grade? What do you
- 5:26Speaker 2: think is gonna have to be? We don't know, but
- 5:29Speaker 2: we want the ability to create it. We want the
- 5:32Speaker 2: permission from the state. Well we don't really know why.
- 5:36Speaker 2: We don't know how big, but you sort of everybody
- 5:39Speaker 2: has to guess.
- 5:40Speaker 1: That's the problem.
- 5:41Speaker 2: It's going to be a big, big, big deal, all right,
- 5:45Speaker 2: already being reported. Have you ever heard of the phrase
- 5:49Speaker 2: moderate millionaires? What is a moderate millionaire? Is it a
- 5:55Speaker 2: millionaire who is moderate?
- 5:58Speaker 1: Actually? Maybe?
- 6:00Speaker 2: So let's talk about millionaires per se. That's a million
- 6:03Speaker 2: dollars in assets, all right, probably not including the house.
- 6:07Speaker 2: The number of four to one k millionaires at Fidelity
- 6:10Speaker 2: reached six hundred and fifty four thousand. That's the highest
- 6:13Speaker 2: level three point two accounts balances over a million dollars.
- 6:19Speaker 2: That may seem like a small amount. That's double though
- 6:21Speaker 2: than it was in twenty twenty two. And the average
- 6:25Speaker 2: deferral rate, and that's the money you put into it
- 6:28Speaker 2: that you don't pay taxes on at Vanguard increase almost
- 6:32Speaker 2: eight percent. So this millionaire club is growing. Yet it
- 6:38Speaker 2: is a moderate millionaires club. And I'll explain in a
- 6:42Speaker 2: moment what moderate millionaires are all about. For one thing,
- 6:47Speaker 2: they're moderate, and second of all, they are millionaires, which
- 6:51Speaker 2: is why they call it moderate millionaires.
- 6:54Speaker 1: I'll explain it. Very complicated stuff.
- 6:57Speaker 2: So we're talking about steady saving, third consecutive year, big
- 7:01Speaker 2: games for the US stocks, swollen account balances. People that
- 7:04Speaker 2: have four oh one k's and have invested the over
- 7:07Speaker 2: the last two three years, there's been a lot of gain.
- 7:11Speaker 2: So people who keep on investing or have invested are
- 7:13Speaker 2: doing really well, and a whole lot of them across
- 7:18Speaker 2: a million dollar milestone that's in your four oh one
- 7:21Speaker 2: k a million bucks. For the first time, half of
- 7:27Speaker 2: private sector workers are saving in four oh one case.
- 7:31Speaker 2: First time that over half are actually putting in four
- 7:34Speaker 2: oh one case. By the way, you guys are nuts
- 7:36Speaker 2: not to put in for four one case, especially if
- 7:38Speaker 2: you're in a company that matches, which ours used to.
- 7:42Speaker 2: Now I don't think iHeart matches does any more matching.
- 7:45Speaker 1: It still does.
- 7:47Speaker 2: It matches the amount of amount of money that you
- 7:51Speaker 2: put in. By pulling it out, is that the matching
- 7:55Speaker 2: that they do here's what companies Again it is okay,
- 8:00Speaker 2: well imagine this, so three percent matching. So let's say
- 8:03Speaker 2: you make one hundred thousand dollars. I don't know who
- 8:06Speaker 2: does that, but let's say that's three thousand dollars that
- 8:09Speaker 2: you're allowed to put in tax deferred into a four
- 8:11Speaker 2: oh one K that is matched, which means for that
- 8:14Speaker 2: three thousand dollars, you're making one hundred percent interest rate.
- 8:20Speaker 2: And that's assuming that the market doesn't even go up,
- 8:23Speaker 2: so at least that you are crazy, cause whatever the
- 8:27Speaker 2: investment can you double every year. And that's what happens
- 8:31Speaker 2: with four oh one K plans and matching money. And
- 8:35Speaker 2: so the other thing about four oh one ks is
- 8:38Speaker 2: you put money in and it's deductible. So let's go
- 8:42Speaker 2: back to the one hundred thousand dollars income. I think
- 8:46Speaker 2: you're allowed to put up to fifteen percent in your
- 8:48Speaker 2: four oh one K. I think that's the law. Well,
- 8:51Speaker 2: if you put in fifteen percent, that's fifteen thousand dollars.
- 8:54Speaker 2: That means your taxable income goes down. Fifteen thousand dollars
- 8:57Speaker 2: is tax deferred. So it's a great idea, it's a
- 9:01Speaker 2: great plan. And so.
- 9:05Speaker 1: Here we go, what is.
- 9:06Speaker 2: A moderate millionaire, especially here in southern California. Well, a
- 9:14Speaker 2: moderate millionaire has a million dollars. As a matter of fact,
- 9:18Speaker 2: this model that they're talking about is between one and
- 9:23Speaker 2: five million dollars in your four to oh one K plan.
- 9:28Speaker 2: So for those of you that have hit hit a
- 9:30Speaker 2: million dollars in four oh one K, that is not
- 9:34Speaker 2: a bad income because if at five percent, you're getting
- 9:38Speaker 2: fifty thousand dollars with a million dollars put away, fifty
- 9:42Speaker 2: thousand dollars in retirement is not a bad but it's
- 9:46Speaker 2: not a bad chunk of money.
- 9:48Speaker 1: But are you still middle class? And here's what a
- 9:50Speaker 1: survey said.
- 9:51Speaker 2: People that have a million dollars shop like their middle
- 9:56Speaker 2: class people that have up to five millionar that's one
- 10:01Speaker 2: to five moderate millionaires. They think of themselves as middle
- 10:06Speaker 2: class and they shop as if they are middle class.
- 10:13Speaker 2: And this is one of those things where if you
- 10:16Speaker 2: are smart enough over a lifetime to live under your means,
- 10:21Speaker 2: which most people should do. I know Neil lives way
- 10:25Speaker 2: under his means, and I live way under my means,
- 10:29Speaker 2: which means that our retirement is going to be pretty good,
- 10:32Speaker 2: pretty good, And that's really the secret what a lot
- 10:35Speaker 2: of people don't understand is millionaires, in the vast majority,
- 10:40Speaker 2: become millionaires by saving, not by investing, not by creating businesses,
- 10:47Speaker 2: not by flipping property. It's just saving over a lifetime, steady,
- 10:54Speaker 2: tortoise like saving and growth that happens. And guess what,
- 11:00Speaker 2: by the time twenty thirty years pass, Hey, you've got
- 11:05Speaker 2: enough money in the bank where you are, if not
- 11:08Speaker 2: a millionaire in terms of spendability, but certainly making your
- 11:13Speaker 2: life a whole lot easier. And one of the things
- 11:16Speaker 2: that I remember my first day of law school, and
- 11:21Speaker 2: the dean of law school said to a group of us, well,
- 11:23Speaker 2: there's two things that she said. First of all, right,
- 11:26Speaker 2: now everybody looked to the left, looked to the right,
- 11:30Speaker 2: and one of you will be gone by the end
- 11:32Speaker 2: of the year, because about thirty percent of law school
- 11:37Speaker 2: students drop out.
- 11:38Speaker 1: Because it's so difficult.
- 11:39Speaker 2: So they say, so I turned to my guy on
- 11:41Speaker 2: the left goodbye, turned the one on the right and
- 11:44Speaker 2: said goodbye. And the other thing that the dean said,
- 11:48Speaker 2: which was still stays with me. I mean there were
- 11:51Speaker 2: time of forty years ago and she said, I know,
- 11:54Speaker 2: this sounds like a lot of work.
- 11:56Speaker 1: Over the next three years.
- 11:57Speaker 2: I know this sounds almost insurmountable with what we're going
- 12:02Speaker 2: to expect you to do and how difficult law school.
- 12:04Speaker 1: Is, but you want to know the three years pass anyway.
- 12:11Speaker 2: And I that that's true because three years from now
- 12:15Speaker 2: I'll be on the other side of a law degree.
- 12:18Speaker 2: And so the point is that I think I'm going
- 12:21Speaker 2: to extrapolate from that to become a moderate millionaire or
- 12:24Speaker 2: even beyond that. Is so you put money away every month,
- 12:29Speaker 2: every month, every month, and you want to know the
- 12:31Speaker 2: time passes anyway, so you might as well make use
- 12:37Speaker 2: of it.
- 12:39Speaker 1: I thought that was pretty good.
- 12:41Speaker 2: And by the way, in my case, both the people
- 12:45Speaker 2: to my left and right dropped out of law school.
- 12:48Speaker 1: They were tossed, which I thought was really terrific. I
- 12:51Speaker 1: got a lot of joy out of that.
- 12:52Speaker 2: As you can probably imagine American consumers, that's all of us,
- 13:00Speaker 2: and a couple of things are going on. Prices are increasing,
- 13:04Speaker 2: even though we're being told by the White House prices.
- 13:06Speaker 1: Are down and continue to go down. Eh, not really.
- 13:10Speaker 2: Now, there's certain prices that have gone down, but I'll
- 13:12Speaker 2: tell you where they have not. Car prices they're going up,
- 13:17Speaker 2: and you know, we may have just reached the limit
- 13:19Speaker 2: American consumers. Car buyers may just say this is enough,
- 13:24Speaker 2: We're done. Big optimism for twenty twenty five at the
- 13:28Speaker 2: beginning of the year. Well, auto sales now is predicted
- 13:33Speaker 2: to be down or at least flat October, the slowest
- 13:37Speaker 2: in over a year. So what are we seeing dealers
- 13:40Speaker 2: offering more discounts, lower income borrowers defaulting on car loans
- 13:46Speaker 2: in increasing numbers. Financial strain, that's obvious because two things
- 13:51Speaker 2: that people will normally pay as quickly as they can
- 13:54Speaker 2: house payments, rent otherwise get tossed out car payments because
- 13:58Speaker 2: they have to go to work. And when someone arty
- 14:00Speaker 2: faulting on car payments. There's some really serious stuff going on.
- 14:04Speaker 2: And for years it seemed like they're no sticker price
- 14:07Speaker 2: was high enough. American car buyers just kept on buying
- 14:10Speaker 2: and buying. New car approaches hit fifty thousand dollars this year.
- 14:15Speaker 2: You know, with dealers were really concerned about were inventories,
- 14:19Speaker 2: We don't have enough inventory than losing customers. Well, those
- 14:23Speaker 2: days are coming to an end and rapidly, because stretched
- 14:28Speaker 2: consumers are starting to draw the line on what they're
- 14:31Speaker 2: going to pay for a new car. We've just had it.
- 14:33Speaker 2: We just can't do it. So what's happening. Car buyers
- 14:36Speaker 2: are downsizing. They're buying used cars, which of course those
- 14:40Speaker 2: are super expensive because there aren't as many being put
- 14:43Speaker 2: on the lots. They're taking on longer car loans. They
- 14:47Speaker 2: talked about that with with Joel Larsguard last week, and
- 14:55Speaker 2: they're just not buying the way they used to. Robert Peltier,
- 14:59Speaker 2: who owns a bunch of dealerships in East Texas, says
- 15:01Speaker 2: people are asking, how can I afford this? And so
- 15:04Speaker 2: where they're going cheaper cars like the pine size Chevrolet Tracks.
- 15:10Speaker 2: I never even heard of a tracks. Have you ever
- 15:11Speaker 2: heard of the tracks? I don't know what a tracks is?
- 15:15Speaker 2: Pine size car, I don't know. Maybe you know the
- 15:17Speaker 2: size of a sardine can.
- 15:19Speaker 1: I have no idea.
- 15:20Speaker 2: But anyway, he went on to say, people who are
- 15:23Speaker 2: in debt and are living paycheck to paycheck are looking
- 15:26Speaker 2: at these cars. So twenty twenty five supposed to be
- 15:30Speaker 2: a banner year. We had tax cuts, the regulatory wave,
- 15:35Speaker 2: and analytics analysts predicted a third straight annual sales increase.
- 15:41Speaker 2: Guess what didn't happen? Didn't happen, and why was it
- 15:45Speaker 2: going to be such a banner year. Well, the coronavirus
- 15:49Speaker 2: pandemic and the shortages are done. Semiconductor shortages are done. Finally,
- 15:54Speaker 2: the car factories got to running full steam and we
- 16:00Speaker 2: had real reason for optimism. There was a shortage because
- 16:05Speaker 2: of post COVID supply change that was done, and now
- 16:09Speaker 2: this pent up demand, consumers willing to pay when inventory
- 16:14Speaker 2: came back. And guess what, No, No, Now you have
- 16:18Speaker 2: auto tariffs, inflation, tighter job market, and all of a sudden,
- 16:23Speaker 2: Americans are rethinking the biggest ticket purchases, and one of
- 16:27Speaker 2: the biggest tickets, the biggest ticket purchase is the car
- 16:30Speaker 2: after the house, and if you're a renter, it's the
- 16:33Speaker 2: car after the car. And the other thing is the
- 16:37Speaker 2: EV revolution has collapsed. No one's buying evs anymore. I
- 16:43Speaker 2: mean that literally has collapse, where car companies are just
- 16:46Speaker 2: getting out of the EV business. I bought an EV,
- 16:49Speaker 2: I own an EV the second my and I'm leasing it.
- 16:52Speaker 2: I've done that for the last few years. The second
- 16:55Speaker 2: my leases up. Chow baby, I'm out of the EV world.
- 16:59Speaker 2: The seventy five one hundred dollars tax credit, which was gone.
- 17:04Speaker 2: That and the fact that there aren't enough charging stations
- 17:07Speaker 2: out there, and there's a whole world to evs that
- 17:10Speaker 2: were not told about. I found that out when I
- 17:12Speaker 2: went and went and bought a pair of a set
- 17:14Speaker 2: of tires. How much sorry that bought my car twenty
- 17:17Speaker 2: four hundred dollars hold for four for two, for four
- 17:21Speaker 2: for two?
- 17:22Speaker 1: Can you imagine? For four?
- 17:24Speaker 2: Four tires were twenty four hundred dollars six hundred bucks
- 17:26Speaker 2: a tire. I had no idea, And I come in,
- 17:30Speaker 2: I go, I only have eighteen thousand miles on this car.
- 17:32Speaker 1: How can I have a new set of How can
- 17:34Speaker 1: I get a new set of tires?
- 17:35Speaker 2: What are you guys thinking about eighteen thousand miles? Oh,
- 17:38Speaker 2: you're three thousand miles better than our average.
- 17:43Speaker 1: Thank you save a pile of money.
- 17:45Speaker 2: But why do I have an EV and I paid
- 17:49Speaker 2: dearly for it relative to a gas powered car? Is
- 17:52Speaker 2: because of electricity savings and I don't have to go
- 17:55Speaker 2: into a gas station. Well I don't have to go
- 17:57Speaker 2: into a gas station, but I have to charge my car.
- 18:00Speaker 2: Electricity is not cheap. On top of that, I've got
- 18:03Speaker 2: range anxiety. How many miles do I have before I
- 18:06Speaker 2: run out of juice, and where the charging stations, and
- 18:10Speaker 2: unless you're going to a supercharger, of which they are
- 18:13Speaker 2: few and far between, you're sitting there for hours charging
- 18:17Speaker 2: a car. How long does it take you to fill
- 18:18Speaker 2: up a car at a gas station?
- 18:20Speaker 1: Oh, I don't know.
- 18:20Speaker 2: Three minutes and you fill the thing up and off
- 18:23Speaker 2: you go. So there's a lot wrong with evs and
- 18:26Speaker 2: people realize, you know, these were not the panacea. So
- 18:30Speaker 2: October selling rate was the slowest and more than a year.
- 18:33Speaker 2: We haven't got Novembers yet, but cars are sitting longer
- 18:37Speaker 2: on dealer lots. Dealers are giving us more discounts, and
- 18:43Speaker 2: we're going to see. It's a whole new world now.
- 18:47Speaker 2: The very high end cars are doing okay. Why because
- 18:49Speaker 2: aren't many of them being built, And you have the
- 18:52Speaker 2: disparity between wealthy and poor is becoming wider and wider.
- 18:57Speaker 2: So those people who are on the wealthy side, the
- 19:00Speaker 2: wealth increases and they can afford the fancy, fancy cars.
- 19:07Speaker 2: But that number is not huge. It's bigger, but it's
- 19:12Speaker 2: not huge. In the meantime, on the other side of it,
- 19:15Speaker 2: before between inflation and housing costs and job uncertainty.
- 19:21Speaker 1: Man, it is not fun. And buying a used car today, well,
- 19:25Speaker 1: look even.
- 19:25Speaker 2: The parts you buy a used car, Okay, I'm gonna
- 19:28Speaker 2: save a pile of money. Well, maintenance on a car
- 19:30Speaker 2: is not cheap. Have you ever replaced you get into
- 19:35Speaker 2: a bumper? A fender bender? Right?
- 19:38Speaker 1: All right?
- 19:38Speaker 2: How much can it cost for a offender? Fifteen hundred dollars?
- 19:43Speaker 2: Twelve hundred dollars? It's gotten crazy?
- 19:47Speaker 1: All right? Ooh.
- 19:48Speaker 2: One of the things that has come up, and we're
- 19:51Speaker 2: talking about this early this morning, is the story my
- 19:55Speaker 2: seven to fifty story, my personal experience that happened yesterday.
- 19:59Speaker 2: So let me first talk about what's going on in
- 20:02Speaker 2: the United States. Laws legalizing marijuana in state after state
- 20:08Speaker 2: has meant that the drug is certainly more accessible for adults,
- 20:11Speaker 2: both for recreational and medicinal purposes, depending on the state.
- 20:15Speaker 2: But that means that marijuana infused edibles are likely to
- 20:21Speaker 2: fall into the hands of young children.
- 20:23Speaker 1: One of the things.
- 20:24Speaker 2: About the creation of these laws allowing mainly recreational cannabis
- 20:31Speaker 2: is that they make these edibles that look like gummies,
- 20:37Speaker 2: that look like.
- 20:37Speaker 1: Straight out look like candy.
- 20:39Speaker 2: So yesterday I was sitting at our kitchen counter, and
- 20:44Speaker 2: Lindsay was at work doing something on her computer, and
- 20:48Speaker 2: right in front of her was a starburst.
- 20:52Speaker 1: Oh those little.
- 20:53Speaker 2: Candies, you know, they're wrapped up and they look like
- 20:56Speaker 2: they're wrapped with wrapping paper. They have the fold and
- 21:00Speaker 2: they're stall You know those candies that everybody knows what
- 21:03Speaker 2: a starburst is, Right, Neil, you know what a starburst is?
- 21:06Speaker 1: Amy, you know what a starburst is. Everybody knows what
- 21:10Speaker 1: a start.
- 21:10Speaker 2: Okay, so there's this little yellow starburst Cono, do you
- 21:15Speaker 2: know what a starburst is?
- 21:16Speaker 1: Yes?
- 21:17Speaker 2: Yes, yeah, okay, so everybody does. I just want to
- 21:19Speaker 2: make sure we're all on the same plane here. And
- 21:22Speaker 2: so I look at the starbursts, I go. I pick
- 21:24Speaker 2: it up and I start unwrapping it. And Lindsay said,
- 21:29Speaker 2: how high do you plan on getting?
- 21:31Speaker 1: Go? What are you talking about? She said? That is
- 21:33Speaker 1: an edible that will knock you on your ass. Oh.
- 21:39Speaker 2: Now, let's say I'm a kid and it's just sitting there.
- 21:43Speaker 1: What am I gonna do?
- 21:44Speaker 2: I'm gonna grab it and I'm gonna unwrap it and
- 21:46Speaker 2: I'm gonna put in my mouth And can you imagine
- 21:48Speaker 2: a eight or ten or twelve year old or a
- 21:50Speaker 2: seven year old unwrapping one of those things. And that
- 21:53Speaker 2: is the problem is going on throughout the country big time.
- 21:56Speaker 2: And I've got a dog that's making all kinds of
- 21:58Speaker 2: noise here, Sorry about that.
- 22:00Speaker 1: Can you hear the dog squeaking? No? Okay, did you
- 22:05Speaker 1: just see one of those edibles? No? No, but my
- 22:07Speaker 1: dog just did.
- 22:09Speaker 2: In any case, so, there are no federal packaging laws
- 22:13Speaker 2: for edibles. There are federal packaging laws for tobacco and alcohol,
- 22:19Speaker 2: but not from not for edibles. And therein is just
- 22:24Speaker 2: a touch of a problem because kids are in fact
- 22:27Speaker 2: eating them and they think they're candy.
- 22:31Speaker 1: You know why, because they are candy.
- 22:34Speaker 2: They are candy that are infused with cannabis, with THC
- 22:39Speaker 2: and in many cases a whole lot of THC. So
- 22:44Speaker 2: the edible that was sitting on our counter, as I've
- 22:48Speaker 2: spoken to you about it, and Neil certainly knows that firsthand,
- 22:51Speaker 2: is Lindsay has a severe autoimmune disease known as CRPS,
- 22:57Speaker 2: in which it's a lot of pain twenty four hours
- 23:01Speaker 2: a day. It's complex regional pain syndrome. So she eats
- 23:04Speaker 2: a lot of pot to deal with it. And I
- 23:08Speaker 2: if I were to pick one up. If I were
- 23:09Speaker 2: a kid and pick one up, I'd land in the hospital.
- 23:12Speaker 2: And too many kids have landed in the hospital, and
- 23:16Speaker 2: so there's a big movement afoot and all they have
- 23:21Speaker 2: at this point, since there are no federal packaging laws
- 23:24Speaker 2: and there's no necessary reporting, has to be done. If
- 23:29Speaker 2: a provider thinks that the kids are in danger for
- 23:33Speaker 2: what be because of what the parents say, they have
- 23:34Speaker 2: to call the authorities. But kids coming in high because
- 23:38Speaker 2: they accidentally ate an edible and they're going into the
- 23:41Speaker 2: r room, what's the doctor going to do? Just let
- 23:43Speaker 2: us let the child sleep it off and just be
- 23:46Speaker 2: more careful. Well, the laws are going to get much
- 23:51Speaker 2: more serious than that, because these actually endanger kids. And
- 23:57Speaker 2: is again to come to the point where, even if
- 23:59Speaker 2: they are candy or look like candy, do these have
- 24:03Speaker 2: to be labeled correctly?
- 24:05Speaker 1: Are they going to have to be labeled?
- 24:07Speaker 2: Are they going to be packaged in a way that
- 24:09Speaker 2: they are not attractive to youngsters that they don't look
- 24:13Speaker 2: like it's straight out starburst or a gummy. I mean
- 24:18Speaker 2: it looks well, I'm say it looks like it is.
- 24:23Speaker 2: It's just it's manufactured with all this cannabis and it's
- 24:27Speaker 2: a problem.
- 24:27Speaker 1: It is a problem. It's a problem for me.
- 24:29Speaker 2: Yesterday I was about to take one. She should have
- 24:33Speaker 2: let me, actually, she thought, because it's highly entertaining. You
- 24:37Speaker 2: see me higher than a kite. I am not a
- 24:41Speaker 2: belligerent drunk, although I don't get drunk. I don't drink,
- 24:43Speaker 2: and that's one of the reasons, because I get stoned
- 24:47Speaker 2: or get drunk instantly, and the same thing with cannabis
- 24:49Speaker 2: or anything else. I look like I make myself an
- 24:51Speaker 2: ass now, Neil, I know I normally do. But if
- 24:55Speaker 2: you can figure out that I do it twice three
- 24:58Speaker 2: times as much, go figure all right?
- 25:00Speaker 1: Coming up rich to Murrow, KFI is.
- 25:02Speaker 2: Funny, Bill, if you spoke normal and didn't do malaprops
- 25:06Speaker 2: and things like that when you're high.
- 25:08Speaker 1: Uh, that's true. What if I got high? Would you
- 25:12Speaker 1: be so kind as to get me something from the
- 25:15Speaker 1: you know, it's almost you know.
- 25:17Speaker 2: The the analogy here is kids who have a severe
- 25:22Speaker 2: autism issue. And what has happened is that kids who
- 25:29Speaker 2: are out of control, you know a lot of ADHD.
- 25:32Speaker 2: They've actually used Riddlin, which is an upper to deal
- 25:35Speaker 2: with and it works, and that's really unusual. So for me, oh,
- 25:41Speaker 2: since I sound stone and out of control anyways, in
- 25:44Speaker 2: terms of my ability to communicate, can you imagine if
- 25:47Speaker 2: I got high and then was able to communicate like
- 25:50Speaker 2: a professional broadcaster.
- 25:55Speaker 1: It's worth thinking about, isn't it. Kfi A M sixty
- 26:00Speaker 1: you've been listening to The Bill Handle Show. Catch my
- 26:02Speaker 1: Show Monday through Friday, six am
- 26:04Speaker 2: To nine am, and anytime on demand on the iHeartRadio app.