Latest / The Bill Handel Show / Global Economy: America is in a Decent Place | Online Predator Crackdown
Transcript
- 0:00Speaker 1: You're listening to KFI AM 640, the Bill Handel Show
- 0:04Speaker 1: on demand on the iHeartRadio app. KFI AM 640, Bill Handel.
- 0:15Speaker 1: It's a Thursday morning, September 17th. And as always, it's
- 0:20Speaker 1: another big news day. Let me start talking about what's
- 0:25Speaker 1: happened yesterday. As you know, Warsh, the head of the Fed,
- 0:30Speaker 1: new head of the Federal Reserve Bank, as nominated by
- 0:34Speaker 1: President Trump, went ahead, the entire Fed board, all 12 members,
- 0:39Speaker 1: voted for an increase of a quarter of a percent
- 0:42Speaker 1: of interest rates. And it's probably going to go higher.
- 0:46Speaker 1: Warsh left that one open. So we've been nailed, right?
- 0:51Speaker 1: I mean, look at the economy. Actually, we're in very
- 0:54Speaker 1: good shape relative to the rest of the world. I mean,
- 0:58Speaker 1: as crazy as it sounds, oh, inflation is killing us.
- 1:01Speaker 1: Look at the problems we have. Let me tell you
- 1:04Speaker 1: what is going on around the world. Right now, as
- 1:09Speaker 1: bad as it is globally, it's going to get worse.
- 1:13Speaker 1: The global economy so far has been beating the odds. Now,
- 1:17Speaker 1: look what happened with the Israeli attacks, the American-Israeli attacks
- 1:21Speaker 1: on Gaza or on Iran. And that set off the
- 1:25Speaker 1: largest disruption of worldwide energy flows in history. Jumps in
- 1:32Speaker 1: oil prices, of course, all over the world, because oil
- 1:36Speaker 1: is a commodity. It's a world market. It costs the
- 1:39Speaker 1: same here as it does over there. And so you've
- 1:42Speaker 1: got the widening and conflict in the Middle East, fuel shortages,
- 1:46Speaker 1: inflation pressures. There was going to be a crash. Never came.
- 1:52Speaker 1: Never came. Why is that? Well, because there are a
- 1:57Speaker 1: few things that came together to sort of kind of
- 2:00Speaker 1: hold off this inevitable crash or what a lot of
- 2:03Speaker 1: economists think may happen. However, the wiggle room between that
- 2:09Speaker 1: and what's happening doesn't look too good. Look what just
- 2:13Speaker 1: happened in the last few days. Attacks from the Houthis
- 2:20Speaker 1: forced Saudi Arabia to shut down a vital pipeline. Houthi
- 2:24Speaker 1: militia seized a Red Sea island, strategic for oil, a
- 2:28Speaker 1: port city in Saudi Arabia where oil was being transported.
- 2:32Speaker 1: Keep in mind the Strait of Hormuz is shut down.
- 2:34Speaker 1: So what you had is a port on the other
- 2:37Speaker 1: side of Saudi Arabia, the east-west pipeline supplied, and that
- 2:42Speaker 1: was sending out oil throughout the Middle East. That's just
- 2:47Speaker 1: been shut down. And so you have negotiations between the
- 2:52Speaker 1: Gulf nations. That fell apart. And we're looking at oil
- 2:56Speaker 1: at over $ 100 a barrel, which, as you know, it
- 2:59Speaker 1: should be about $ 65, $ 70. That seems to be the
- 3:02Speaker 1: sweet spot. So what's been happening? Rolling blackouts, rationing, protests
- 3:09Speaker 1: from Asia to Latin America. In the Philippines, fishermen just
- 3:14Speaker 1: docked their boats. They couldn't go out in the water
- 3:16Speaker 1: because they can't afford the fuel. In Bangladesh, power outages
- 3:21Speaker 1: cause work stoppages at factories across the country. Guatemala protests,
- 3:27Speaker 1: burning tires and cars. And so you talk to the experts,
- 3:33Speaker 1: and one in particular who was quoted and was looked
- 3:37Speaker 1: at by the New York Times, says the number one
- 3:40Speaker 1: reason why crude oil prices and product prices have not
- 3:43Speaker 1: been higher than they are is, let's look at China.
- 3:48Speaker 1: That's a big player. Now, why does China have such
- 3:53Speaker 1: an outside influence? Well, China is the largest importer of
- 3:58Speaker 1: crude in the world. And what they've done is they've
- 4:03Speaker 1: stopped stockpiling oil and relied on their own inventories. So
- 4:07Speaker 1: instead of buying, they're going in their own inventories. And
- 4:10Speaker 1: that eases pressure on the global oil market because the biggest—
- 4:14Speaker 1: importer of oil in the world is not buying, it's
- 4:17Speaker 1: relying on itself. It has reduced or withheld exports of
- 4:21Speaker 1: products made from oil, like jet fuel, so it needs
- 4:26Speaker 1: less crude because it is not shipping out its exports
- 4:29Speaker 1: based on oil. And you have the US, Japan, countries
- 4:33Speaker 1: across Europe also dipping into their own reserves to keep
- 4:36Speaker 1: prices as low as possible. But I got to tell you,
- 4:39Speaker 1: you can only go into your reserves For so long,
- 4:41Speaker 1: the U.S., our petroleum oil reserves, the lowest it has
- 4:44Speaker 1: been in decades. So what is going on? Well, according
- 4:51Speaker 1: to one of the big economists, we're going to be
- 4:54Speaker 1: dealing with prices in the 80 or 100 dollars a
- 4:56Speaker 1: barrel level at least through 2027. Now, that is an
- 5:00Speaker 1: interesting situation because the president has promised that as soon
- 5:04Speaker 1: as the midterms are over, things will be great. Prices
- 5:09Speaker 1: will drop, even though no oil expert is saying that.
- 5:13Speaker 1: Inflation is going to go down. Prices are going to plummet.
- 5:17Speaker 1: Just make sure Republicans are kept in power because that's
- 5:21Speaker 1: what's going to do it. Just wait till after the
- 5:23Speaker 1: election and this will all happen. And then the question is, well,
- 5:26Speaker 1: why not now? It's going to happen after the election. Now,
- 5:30Speaker 1: here's a couple of stats that are crazy. We're talking
- 5:33Speaker 1: about inflation in the 3.5% to 4% range here in
- 5:38Speaker 1: the United States. The Fed wants to keep it at 2%.
- 5:41Speaker 1: That is that sweet spot in terms of inflation. The
- 5:45Speaker 1: Asian Development Bank projects inflation this year in Asia will
- 5:51Speaker 1: be 5.2% from 3% last year. I mean, that is astronomical.
- 5:59Speaker 1: That would be inflation that is just a killer. In Europe,
- 6:05Speaker 1: Britain and the United States, we're looking at inflation, as
- 6:08Speaker 1: I said, 3.5% to 4% until at least the middle
- 6:12Speaker 1: of next year. And so what happens? Prices, worries over
- 6:17Speaker 1: these prices, putting pressure on central banks to raise the
- 6:20Speaker 1: rates like we just did. That makes borrowing more expensive.
- 6:23Speaker 1: That slows down economies. And Germany is already teetering on
- 6:29Speaker 1: the edge of a recession. Ukrainian attacks on Russian refineries
- 6:34Speaker 1: have contributed to the squeeze. Russia has extended its ban
- 6:40Speaker 1: on diesel exports. No more diesel coming out of Russia,
- 6:43Speaker 1: even to the point where President Trump asked Ukraine not
- 6:47Speaker 1: to target Russian refining facilities. Don't hit the Russian facilities
- 6:53Speaker 1: because it affects the world markets. Qatar. Qatar. which is
- 7:00Speaker 1: a leading exporter of liquefied natural gas, expected to see
- 7:04Speaker 1: its economy shrink by 8.6% this year. Now, you want
- 7:08Speaker 1: an economy to grow by 2%, by 3%. 5% is
- 7:15Speaker 1: considered astronomical growth. China, in its heyday, at the top
- 7:21Speaker 1: of its growth factor, was in the 7% to 8%. Well,
- 7:26Speaker 1: the economy in Qatar is going to shrink by 8.6%.
- 7:32Speaker 1: Saudi Arabia, the economy shrank by 4.8% in the second quarter.
- 7:37Speaker 1: I mean, it is getting tough. Add to that tariffs
- 7:42Speaker 1: that are raising costs for consumers and manufacturers. Don't for
- 7:46Speaker 1: a moment believe that. that the countries that are being
- 7:48Speaker 1: tariffed by the United States are paying the tariffs. We are.
- 7:51Speaker 1: I don't know why people keep on believing that. And
- 7:55Speaker 1: let's talk about El Nino. The World Food Program has
- 7:59Speaker 1: warned that El Nino weather conditions could push 50 million
- 8:04Speaker 1: people into acute hunger this year, notwithstanding any other problems.
- 8:09Speaker 1: I could go on for a long time, but we
- 8:12Speaker 1: are on the verge. And politically, I think it's going
- 8:16Speaker 1: to well, we're going to see what happens. It's getting
- 8:18Speaker 1: worse for Republicans. We'll see if we're ready for a
- 8:21Speaker 1: change unless the electorate believes the president that just wait
- 8:26Speaker 1: until after the elections and everything will be great. Just
- 8:30Speaker 1: make sure we keep the Republicans in power and everything
- 8:33Speaker 1: will be great. Prices will fall. Oil will fall. Inflation
- 8:37Speaker 1: goes down. It's going to be a great country. It
- 8:40Speaker 1: will be America great again. Okay, now I want to
- 8:45Speaker 1: spend a minute or two talking about LAUSD, LA Unified
- 8:50Speaker 1: School District, where I went to school throughout my entire career,
- 8:55Speaker 1: kindergarten right through high school. And as I've told you
- 8:58Speaker 1: many times before, I believe I actually received a pretty
- 9:02Speaker 1: good education. I came out of high school literate. Today,
- 9:07Speaker 1: anybody coming out of LAUSD generally signs their name with
- 9:11Speaker 1: an X. It is very difficult, I think, to get
- 9:16Speaker 1: a good, good education. Now, there are some exceptions. There
- 9:19Speaker 1: are magnet schools, which are superb. And there are schools,
- 9:24Speaker 1: particularly elementary schools, that are within certain neighborhoods where the
- 9:27Speaker 1: parents get involved. They're just really good schools. But it's
- 9:31Speaker 1: tough with the school district because there are a vast
- 9:37Speaker 1: majority of kids who come in that don't speak English.
- 9:40Speaker 1: And they have to be taught English as a second language.
- 9:42Speaker 1: And it's just gotten much rougher. And I don't particularly
- 9:46Speaker 1: blame the school district. I think it's ungovernable. So here's
- 9:49Speaker 1: the problem that's going on now. And that is you
- 9:53Speaker 1: have teachers that can't be fired. You have employees that
- 9:57Speaker 1: can't be fired. You have schools. that have to stay
- 10:00Speaker 1: open because the neighborhood wants to. And the enrollment has declined.
- 10:05Speaker 1: As a matter of fact, it is collapsing. And now
- 10:08Speaker 1: what does the school district do? What do we do
- 10:10Speaker 1: with these buildings? And we're spending a bucket of money
- 10:14Speaker 1: trying to upgrade the buildings because, frankly, we haven't. And LAUSD,
- 10:19Speaker 1: I mean, we're talking, what is it, $ 18 billion is
- 10:25Speaker 1: the budget. And they're now talking about spending another $ 2
- 10:29Speaker 1: billion just in upgrading the school buildings, the schools, which
- 10:34Speaker 1: may very well be shut down. That's a mess that's
- 10:36Speaker 1: going on. Kids are not being born. It is that simple.
- 10:42Speaker 1: And that means school districts have to curtail or basically
- 10:49Speaker 1: they have to shrink their footprint. Fewer and fewer schools.
- 10:55Speaker 1: And you would think that's an easy one. Okay, you know,
- 10:59Speaker 1: you have a corporation, for example, that looks at a
- 11:02Speaker 1: factory and goes, we don't have enough people to work there.
- 11:04Speaker 1: We're not producing enough goods. Let's shut it down. Restaurants,
- 11:07Speaker 1: fast food places. Okay, that restaurant isn't doing very well.
- 11:10Speaker 1: Let's shut it down. Well, it's pretty difficult to do
- 11:13Speaker 1: when you are a school system and there are people
- 11:18Speaker 1: in the neighborhood that want to send their kids to
- 11:20Speaker 1: that school as opposed to the one five miles away
- 11:23Speaker 1: instead of a mile away because that school is going
- 11:28Speaker 1: to be shut down because there aren't enough kids. And
- 11:31Speaker 1: that is what is going on. And what's really weird
- 11:35Speaker 1: is on the books, It is not spending the money,
- 11:41Speaker 1: which has already been assigned to schools that really aren't
- 11:46Speaker 1: going to benefit because that student body is dropping. And
- 11:50Speaker 1: there are plenty of schools that need retrofitting. I mean,
- 11:52Speaker 1: LAUSD has been around forever. When I went to elementary school,
- 11:58Speaker 1: my elementary school was in bad shape then, right? And
- 12:02Speaker 1: we're talking about a whole lot of years ago, and
- 12:05Speaker 1: I can't even imagine what it looks like now. And
- 12:09Speaker 1: if it looks good, keep in mind this was a
- 12:11Speaker 1: building that was built in the, what, 40s, 50s maybe,
- 12:15Speaker 1: or maybe even the 30s. And would it cost to
- 12:17Speaker 1: retrofit a building? And imagine that across an entire school board.
- 12:21Speaker 1: So here's what they have to deal with. They are
- 12:25Speaker 1: dealing with many fewer students, budgets going up. Let me
- 12:29Speaker 1: give you a stat. In 2003, 720,000 K through 12
- 12:34Speaker 1: students at L.A. It has lost about 2.3 percent every year,
- 12:40Speaker 1: except even more during the pandemic and start of the
- 12:43Speaker 1: second Trump administration. So we've gone from 720,000 down to
- 12:49Speaker 1: a little over 400,000 students and still spending more money
- 12:53Speaker 1: than ever. It's man, I wouldn't want to be on
- 12:57Speaker 1: a school board. I don't even know how you can
- 12:58Speaker 1: fix that. I really don't. other than just breaking it
- 13:01Speaker 1: up and just saying it's just too big and too ungovernable.
- 13:05Speaker 1: New York is the largest school system in the country,
- 13:08Speaker 1: but it doesn't have the same problems that we do.
- 13:11Speaker 1: It really doesn't. And the number of kids who don't
- 13:15Speaker 1: graduate high school, well, keep in mind, we've got a
- 13:19Speaker 1: huge Hispanic population. A lot of them are undocumented, illegal.
- 13:25Speaker 1: You can't ask. And every kid in America has to
- 13:28Speaker 1: be given a free high school education through high school.
- 13:32Speaker 1: And so when you have this many kids that are
- 13:35Speaker 1: coming from over the border, both legally and not, and
- 13:39Speaker 1: keep in mind, people that come over the border, these
- 13:42Speaker 1: are not people that are highly skilled and well-educated. Otherwise,
- 13:46Speaker 1: they're not sneaking over the border. These are people that
- 13:49Speaker 1: are coming to the United States illegally. first generation, second
- 13:53Speaker 1: generation that are here for opportunities, but they don't bring
- 13:56Speaker 1: a lot of skill set with them. And that is
- 13:58Speaker 1: a huge problem. Okay, there is a story I want
- 14:02Speaker 1: to share with you. Now, we do these stories occasionally
- 14:05Speaker 1: about how horrific these online predators are. One of the
- 14:09Speaker 1: things about the Internet, of course, all the great things,
- 14:13Speaker 1: how it is totally transforming mankind, but there's a lot
- 14:16Speaker 1: of negatives to it. And one of the negatives are
- 14:19Speaker 1: predators using the Internet. And so as bad as those
- 14:24Speaker 1: stories are, when I looked at this, I went, oh,
- 14:29Speaker 1: come on. Have we reached this level of predation? Looks
- 14:34Speaker 1: that way. So last year, FBI agents break down the
- 14:39Speaker 1: door of a two story townhome in the San Fernando Valley.
- 14:44Speaker 1: And their target was a 28-year-old guy that was linked,
- 14:49Speaker 1: they say, to an online network of predators that targets
- 14:54Speaker 1: young girls across the globe. Okay. I mean, that's not news.
- 14:57Speaker 1: We knew about that. The guy's name was Jose Henry Ayala.
- 15:02Speaker 1: Casimiro called him Ayala. And as the agents are swarming
- 15:07Speaker 1: over the house, he goes, I'm right here. What's going on?
- 15:11Speaker 1: The house he shares with his parents and younger brother.
- 15:14Speaker 1: They handcuff him, search the house, and grab his desktop,
- 15:19Speaker 1: gaming consoles, phone, anything that they grabbed onto devices that
- 15:25Speaker 1: they suspected he may have used to communicate with his victims.
- 15:30Speaker 1: Ayala's parents knew nothing about this. They just watched in
- 15:33Speaker 1: stunned silence. They didn't know what the hell was going on.
- 15:35Speaker 1: They didn't know what their kid was doing. Well, a
- 15:39Speaker 1: teenage victim says, And this is why the cops arrested him,
- 15:43Speaker 1: accused him of committing extreme acts of cruelty. Now, here's
- 15:47Speaker 1: where it gets really sick and horrific. She reported that
- 15:52Speaker 1: he made young girls he met online throw up on
- 15:55Speaker 1: camera and then lick up the vomit. He pushed others
- 15:58Speaker 1: to put cigarette butts out on their skin. He had
- 16:01Speaker 1: others carve his name onto their bodies. You go, what
- 16:04Speaker 1: the hell's doing this? How does that work? Well, he
- 16:08Speaker 1: is in a loose, alleged, in a loose online network
- 16:12Speaker 1: known as 764, where the members coerce kids into performing
- 16:17Speaker 1: self-harm and sexual acts on camera. And why do they
- 16:21Speaker 1: do this? Not only because they're a perverted depraved a-holes,
- 16:25Speaker 1: but it also gains status with other members of the network.
- 16:29Speaker 1: Look how far I can go. to impress you as
- 16:33Speaker 1: well as assuage or fulfill my sexual crazy desires. And
- 16:40Speaker 1: there is a growing online subculture here, nihilistic violent extremism,
- 16:46Speaker 1: it's known, and it weaponizes digital platforms. The FBI has
- 16:50Speaker 1: 500 investigations going with this, 500. Over the last 18 months,
- 16:55Speaker 1: and a lot of them are right here in Southern California.
- 16:58Speaker 1: This seems to be where most of it is happening.
- 17:01Speaker 1: Just like Chatsworth was the center of porno, literally around
- 17:08Speaker 1: the country, which no longer is because it's all free online.
- 17:11Speaker 1: But L.A. County and the San Fernando Valley seems to
- 17:15Speaker 1: be where this happens. And you go, how is it possible?
- 17:19Speaker 1: By the way, we're talking about underage girls typically between
- 17:22Speaker 1: the ages of 10 and 17 years old are victims.
- 17:28Speaker 1: And a couple of things are happening here. Mental illness
- 17:32Speaker 1: is across the board, not only with the minors themselves
- 17:37Speaker 1: struggling with mental illness and boy, they're being exploited, but
- 17:41Speaker 1: these guys themselves. And one thing is sort of a commonality.
- 17:47Speaker 1: They live at home. Their parents know nothing about this.
- 17:52Speaker 1: They're in their room hunched over their computer for hours
- 17:55Speaker 1: at a time. They have mental illnesses. Ayala, for example,
- 18:00Speaker 1: tried to commit suicide eight times and he's been in
- 18:03Speaker 1: and out of bouts of medication and depression. And they
- 18:08Speaker 1: get more and more obsessed. I mean, this is really
- 18:10Speaker 1: crazy stuff. And it was it's one of those things
- 18:14Speaker 1: that this is this is happening. And I want to
- 18:18Speaker 1: report it to you. And I don't even know why
- 18:21Speaker 1: I do that. It's not to depress you, although it
- 18:23Speaker 1: is depressing. And it's not to depress me. I'm kind
- 18:25Speaker 1: of it is depressing. I just wanted to share with
- 18:27Speaker 1: you some horrible stories. OK. A little bit about where
- 18:33Speaker 1: we are in America. All right. And as you know,
- 18:36Speaker 1: I'm not a big fan of the Trump administration. And
- 18:39Speaker 1: there are a lot of people who are. I mean,
- 18:40Speaker 1: a lot of people. And I have no problem with
- 18:44Speaker 1: any administration touting its benefits and its wins. Absolutely none. However,
- 18:50Speaker 1: excuse me. I do have a problem with you peeing
- 18:55Speaker 1: down the back of my leg and saying it's raining.
- 18:58Speaker 1: That one I'm not thrilled about. I apologize about that.
- 19:02Speaker 1: I'm sorry. Yeah. The midterm convention in Dallas last week,
- 19:11Speaker 1: VP Vance said, I'm going to quote, Two years ago,
- 19:15Speaker 1: we have to remember our nation, ladies and gentlemen, was tired.
- 19:18Speaker 1: We were tired of seeing our factories close. We were
- 19:20Speaker 1: tired of our neighbors dying of drug overdoses. We were
- 19:23Speaker 1: tired of not being able to afford anything. We were
- 19:26Speaker 1: tired of seeing the cartels and criminals given free reign
- 19:29Speaker 1: over our great country. We were tired of being called
- 19:32Speaker 1: racists for noticing that our country was becoming dirtier and poorer.
- 19:36Speaker 1: and less safe and less prosperous. To whatever extent you
- 19:42Speaker 1: believe that's true, and there's always truth in virtually everything
- 19:46Speaker 1: it's said unless you're completely nuts, I will give that
- 19:50Speaker 1: some credence. Now, who is responsible for all of that?
- 19:55Speaker 1: Who is singularly responsible for that? Who did it? All
- 19:58Speaker 1: of it. Why, the Democrats and, of course, Biden. Okay? Okay.
- 20:04Speaker 1: They bankrupted our country. They left us poor. They left
- 20:07Speaker 1: our country weaker. They left our border wide open and
- 20:10Speaker 1: our communities left safe. Okay. Our air and water are cleaner,
- 20:16Speaker 1: are dirtier because of that. Well, let's look at some
- 20:20Speaker 1: environmental policies, right, of the president. Not a big fan
- 20:25Speaker 1: of environmental protections at all. How about health care? Remember
- 20:29Speaker 1: after Obama, the president, Obamacare came in, the Republicans and
- 20:34Speaker 1: the President Trump said, this is horrible. This is terrible.
- 20:36Speaker 1: It's the worst thing that could ever happen to Americans.
- 20:39Speaker 1: And I'm going to produce a much better health care system. OK,
- 20:42Speaker 1: where is it? Republicans have been saying that for since
- 20:46Speaker 1: the day that Obamacare passed. Tariffs, tax policies, inflation, all
- 20:53Speaker 1: of that is, of course, Biden's fault. The EPA has
- 20:58Speaker 1: basically been dismantled. I just argued, talked about that the
- 21:03Speaker 1: new EPA is eliminating any pollution controls on power plants
- 21:10Speaker 1: because it makes the air cleaner when you remove pollution controls,
- 21:16Speaker 1: or at least it makes us have more opportunities and
- 21:19Speaker 1: more choice. I'll tell you the one I really love.
- 21:22Speaker 1: I'll tell you the one I love the best is
- 21:25Speaker 1: that And by the way, I don't have a problem
- 21:27Speaker 1: with Trump thinking that drill, baby, drill is the way
- 21:31Speaker 1: to go, where he is in favor of fossil fuel producers.
- 21:36Speaker 1: No problem with that. I get it. I mean, I
- 21:38Speaker 1: agree with it, but he says this is what I think.
- 21:41Speaker 1: I think the energy industry should have more rain, should
- 21:47Speaker 1: make it easier. I get that. What I don't get
- 21:50Speaker 1: is at the same time, let's kill green energy. Let's
- 21:54Speaker 1: kill alternative energy. And why? All kinds of political reasons,
- 21:58Speaker 1: because Democrats are usually in favor of alternative energy and
- 22:01Speaker 1: Republicans go towards industry. OK, fine. But I here's the
- 22:07Speaker 1: one that just floored me on this. This is where
- 22:10Speaker 1: don't pee down the back of my leg and tell
- 22:12Speaker 1: me it's raining. And that is eliminating alternative energy. Getting
- 22:17Speaker 1: rid of it completely gives us more choices. Take away
- 22:23Speaker 1: 30 percent. of the amount of energy that California takes,
- 22:29Speaker 1: we have more choices then. That's the problem with this.
- 22:34Speaker 1: And that is, it drives me completely insane. Because there's
- 22:40Speaker 1: no reality to this anymore. There really isn't. You know,
- 22:44Speaker 1: the reflecting pool, it wasn't a guy with a box cutter.
- 22:48Speaker 1: that slid it open and destroyed the new paint. It wasn't.
- 22:57Speaker 1: It was the manufacturer of the process that admitted we
- 22:59Speaker 1: screwed up. Now, does that mean that the argument is
- 23:03Speaker 1: still out there? They've never taken it back. Of course
- 23:05Speaker 1: it was vandals. Okay. I mean, a little bit of reality, please,
- 23:10Speaker 1: just a little bit of reality. Inflation is Biden's fault.
- 23:15Speaker 1: The war in Iran... That is over. Why? Because, number one,
- 23:20Speaker 1: here's a quote. We want it hour one. Four to
- 23:24Speaker 1: six weeks, it's over. Right? The Strait of Hormuz is open.
- 23:30Speaker 1: It is controlled by the U.S. How many Republicans actually
- 23:36Speaker 1: believe that, by the way? Certainly every MAGA member of
- 23:42Speaker 1: MAGA believes it. You know, life is not so good.
- 23:47Speaker 1: Life is nigh. We are in a poor position in
- 23:50Speaker 1: many ways than we were. The rich have gone better.
- 23:52Speaker 1: The rich have done much better with the tax cuts. But,
- 23:56Speaker 1: you know, I'd like a little bit of reality and
- 23:58Speaker 1: we're not going to get it. We're not going to
- 24:00Speaker 1: get it. I'll tell you something else. And this is
- 24:02Speaker 1: a prognostication. OK, calendar this one. September 17th, 2006. Handel
- 24:07Speaker 1: on a Thursday said. The bigger, if assuming this is true,
- 24:14Speaker 1: by the way, I don't know if it's true or not,
- 24:15Speaker 1: but assuming this is true, that the bigger the Democratic
- 24:19Speaker 1: win in the midterms, the more you're going to hear
- 24:23Speaker 1: that the election was rigged. I guarantee you, you're going
- 24:27Speaker 1: to hear that. Promise. Hey, is that rain? Oh, you're
- 24:34Speaker 1: peeing down the back of my leg. All right, coming up, Amazon,
- 24:40Speaker 1: what they're going to do and how Amazon is reshaping
- 24:44Speaker 1: how America shops. And when Amazon sneezes, we all catch
- 24:51Speaker 1: a cold. I'll share that with you when we come back.
- 24:54Speaker 1: KFI AM 640. You've been listening to The Bill Handel Show.
- 24:58Speaker 1: Catch my show Monday through Friday, 6 a.m. to 9 a.m.
- 25:02Speaker 1: and anytime on demand on the iHeartRadio app.