WEBVTT 1 00:00:00.640 --> 00:00:04.639 Hey, it's Jennifer Jones Lee. You're listening to KFI a M six forty 2 00:00:04.759 --> 00:00:12.839 wake up call on demand on the iHeartRadio app. You are in the home 3 00:00:12.880 --> 00:00:21.160 stretch. Here's Jennifer Jones Lee with your Friday morning wake up call. I'd 4 00:00:21.160 --> 00:00:28.760 like to say you're welcome or day nada on the Cinco dam Mio, because 5 00:00:28.800 --> 00:00:32.159 this is the home stretch and every time I hear the announcer guys say that 6 00:00:32.240 --> 00:00:37.039 on a Friday morning, I'm like, whoa, I know, at eight 7 00:00:37.079 --> 00:00:42.960 all surround sleep. So Monday you're still kind of refreshed from the weekend. 8 00:00:43.079 --> 00:00:52.079 Right Tuesday is when the lack of sleep suck fest starts. Tyler feels it's 9 00:00:52.119 --> 00:00:56.719 Wednesday. Now Thursday. You're like, Hey, I'm crest in that hill 10 00:00:57.439 --> 00:01:03.359 and Friday home stretch. Tomorrow morning we get to sleep in, which is 11 00:01:03.359 --> 00:01:07.840 why I say you're welcome. Happy Sinko to Mayo. Do you have anything 12 00:01:07.879 --> 00:01:11.560 fun planned? It's a Friday. I mean it's you know, usually it 13 00:01:11.599 --> 00:01:15.159 always falls during the week somehow, but man, on a Friday night. 14 00:01:15.879 --> 00:01:19.480 But can you imagine if you try and go to a restaurant, a Mexican 15 00:01:19.519 --> 00:01:26.280 restaurant tonight to celebrate how long those weights are gonna be. I may celebrate 16 00:01:26.359 --> 00:01:34.560 by driving through Miguel's Junior, or oh, there's a taco bell right next 17 00:01:34.599 --> 00:01:38.359 to it, and I think there's a Del Taco across the street. Yeah, 18 00:01:38.359 --> 00:01:40.959 it might be my Sinco de Mayo. But you know what, at 19 00:01:41.000 --> 00:01:45.680 least I'm in the spirit right And isn't it true that they don't celebrate Sinco 20 00:01:45.719 --> 00:01:49.239 de Mayo in Mexico. I've always found that hilarious. Welcome to your wake 21 00:01:49.319 --> 00:01:53.760 up call. I'm Jennifer Jones Lee. This is your Sinko to Mayo. 22 00:01:53.079 --> 00:01:57.239 We have a huge commercial building that has been burning in Commerce, LA. 23 00:01:57.319 --> 00:02:01.760 Police have fatally shot one of three guys involved in a high speed chase downtown, 24 00:02:02.239 --> 00:02:07.519 and the Riverside County Sheriff's Department says it's stepping up patrols to catch people 25 00:02:07.840 --> 00:02:12.280 who drive drunk or drugged over this Cinco de Mayo. We're going to talk 26 00:02:12.280 --> 00:02:17.159 about what they're calling political brinksmanship. ABC's Karen Travers will join us and see 27 00:02:17.199 --> 00:02:23.360 if there's any movement at all on this debt limit extension. Who blinks first, 28 00:02:23.960 --> 00:02:29.319 that's essentially this political brinksmanship. So we'll get into that with her in 29 00:02:29.360 --> 00:02:32.439 just a few minutes. Let me tell you more about this huge commercial building 30 00:02:32.479 --> 00:02:38.159 that's on fire in Commerce. Big flames and heavy smoke could be seen coming 31 00:02:38.199 --> 00:02:42.319 from the building. This is on Flotilla Street this morning. It's not clear 32 00:02:42.400 --> 00:02:46.599 what type of material has been fueling this fire. Firefighters are working to protect 33 00:02:46.599 --> 00:02:53.960 buildings nearby. People in Carson and Compton are cleaning up from two small tornadoes 34 00:02:53.080 --> 00:02:59.800 again that came with this recent rain. Both were rated and e F zero. 35 00:03:00.080 --> 00:03:04.319 However, that's still a rating and they were strong enough to damage cars 36 00:03:04.319 --> 00:03:07.919 and buildings. Yesterday. They brought down some power lines, knocked over at 37 00:03:07.000 --> 00:03:12.439 least one big old tree. Winds were estimated up to seventy five miles an 38 00:03:12.439 --> 00:03:16.479 hour. LA police have fatally shot one of three guys involved in a high 39 00:03:16.479 --> 00:03:22.560 speed chase Downtown. Officers started chasing three people in a car just after midnight 40 00:03:22.639 --> 00:03:27.680 near Manchester in the one ten freeway. The LAPD says officers noticed one of 41 00:03:27.719 --> 00:03:30.879 them had a gun. The driver eventually got on the ten, got off 42 00:03:30.919 --> 00:03:36.319 at Maple, and all three bailed. At some point two officers opened fire. 43 00:03:36.560 --> 00:03:40.000 The injured man died at the hospital. Well the closure of those two 44 00:03:40.000 --> 00:03:45.759 hotels we were talking about in Laguna Beach is indefinite. This was after those 45 00:03:45.800 --> 00:03:50.759 fights between nearly two dozen people. And don't forget it was also between security 46 00:03:50.759 --> 00:03:53.879 guards. Fights broke out between two separate security teams, where police say one 47 00:03:53.919 --> 00:03:59.719 of the twenty people involved was arrested for battery. City manager Charade Dupuis says 48 00:03:59.719 --> 00:04:02.800 fight started in the lobby of the Hotel Laguna and later moved into the fourteen 49 00:04:02.840 --> 00:04:09.280 West Hotel. Among the security guards, se role were armed and they were 50 00:04:09.400 --> 00:04:15.639 each trying to take over the properties and the possession of the properties. Dupuis 51 00:04:15.680 --> 00:04:18.279 says she had to shut down the hotels a day after the fights on Wednesday 52 00:04:18.319 --> 00:04:23.360 for public safety. The city says there's no date set for when the hotels 53 00:04:23.360 --> 00:04:28.839 will reopen. Chris Adler Kafie News. Attorneys for Eric and Lyle Menendez say 54 00:04:28.959 --> 00:04:32.399 new evidence is grounds to have their convictions for killing their parents in Beverly Hills 55 00:04:32.519 --> 00:04:40.000 overturn. Karen Travers, good morning to you political brinksmanship. Who's playing it 56 00:04:40.120 --> 00:04:44.240 or is everyone playing it? I mean, I think it depends on who 57 00:04:44.279 --> 00:04:47.480 you ask. But yesterday we were asking the President Budget Director so along the 58 00:04:47.519 --> 00:04:51.959 young questions about this whole debt ceiling standoff, and she made the most strong 59 00:04:53.040 --> 00:04:57.319 case yet we've heard from the White House about what she says is made up 60 00:04:57.480 --> 00:05:01.240 drama and political brinksmanship, and she was saying that this is a problem of 61 00:05:01.279 --> 00:05:05.560 the people's own making, the people being Congress. She said she could write 62 00:05:05.560 --> 00:05:10.040 a bill in five minutes, put it on the floor, and get lawmakers 63 00:05:10.079 --> 00:05:14.480 today to avoid a government default. She knows her way around Capitol Hill. 64 00:05:14.560 --> 00:05:17.399 She was a budget and appropriations a person up there before she's taking to the 65 00:05:17.399 --> 00:05:21.399 White House. The lawmakers up there know her very well, and she was, 66 00:05:21.560 --> 00:05:26.000 you know, kind of explaining all of this and clean plain english of 67 00:05:26.120 --> 00:05:30.199 what they need to do and why the White House insists that it's Congress that 68 00:05:30.279 --> 00:05:34.920 needs to just pass this clean debt feeling increase and then the President will have 69 00:05:34.959 --> 00:05:40.360 the conversation about spending cuts. But you know, one thing that she did 70 00:05:40.879 --> 00:05:44.839 wiggle a little bit on, or suggests the wiggle room, is that there 71 00:05:44.879 --> 00:05:49.399 could be a conversation about a short term debt limit increase. So you know, 72 00:05:49.560 --> 00:05:57.240 again that incomplete comparison of like your credit card, give yourself another increase 73 00:05:57.279 --> 00:05:59.959 for just a couple months so you can figure out how to pay the bill 74 00:06:00.560 --> 00:06:03.439 and then work on the bigger problem. That's kind of what she suggested yesterday 75 00:06:03.519 --> 00:06:06.040 might be on the table, or at least it's not off the table. 76 00:06:06.480 --> 00:06:11.399 And that's interesting because remember the presidents and saying he's not negotiating on the debt 77 00:06:11.399 --> 00:06:14.879 ceiling. That kind of indicates there might be a little bit of negotiation that 78 00:06:14.920 --> 00:06:17.279 could take place next week in that meeting with the House Speaker. And that's 79 00:06:17.319 --> 00:06:21.879 what Republicans have said, right that they would be willing one more time to 80 00:06:21.920 --> 00:06:27.160 give this sort of extension. And I think what Kevin McCarthy say, like 81 00:06:27.480 --> 00:06:30.079 one percent, but then that would be it. He wouldn't want anymore after 82 00:06:30.160 --> 00:06:33.720 that. If they can at least come to like, all right, I'll 83 00:06:33.759 --> 00:06:36.680 give a little, you give a little. I mean, that's how negotiations 84 00:06:36.759 --> 00:06:41.079 go. So if we're in that that spot right now, I think that 85 00:06:41.160 --> 00:06:46.079 does give us hope. Yeah, except you know, it's still just you 86 00:06:46.120 --> 00:06:47.519 know, depends on how long it goes. If they're just trying to avoid 87 00:06:47.519 --> 00:06:51.360 the default in early June and they raise the debt limit through a number that 88 00:06:51.439 --> 00:06:55.199 only gets you through the summer, they still to deal with all these same 89 00:06:55.240 --> 00:06:58.800 issues before the end of tea. Yeah, it's just yeah, yeah, 90 00:06:58.800 --> 00:07:01.759 it's like it's to avoid the credit downratings, to send a message to Wall 91 00:07:01.800 --> 00:07:05.040 Street that they're trying to solve the problem. Because this is another thing that 92 00:07:05.160 --> 00:07:09.920 came up. You probably remember this from a decade ago when this was all 93 00:07:09.959 --> 00:07:15.199 happening back then or in the Obama administration, there was the credit downgrade even 94 00:07:15.240 --> 00:07:18.079 though there wasn't a default, because you know, this doesn't look good. 95 00:07:18.160 --> 00:07:24.000 It's really troubling. And that's a concern right now that even if they figure 96 00:07:24.000 --> 00:07:28.319 out the way to avoid this and they solve this crisis right now, it 97 00:07:28.439 --> 00:07:32.199 still could have severe ramifications for the economy. And that question came up yesterday 98 00:07:32.240 --> 00:07:36.160 about how concerned they are about this, what planning are they doing for that 99 00:07:36.279 --> 00:07:41.199 potential? And Young said, you know, she's an optimist, then she 100 00:07:41.279 --> 00:07:43.879 hopes to find the fast to avoid it. But you know, you do 101 00:07:44.000 --> 00:07:46.839 get a sense that they are very concerned that that still is a potential. 102 00:07:46.480 --> 00:07:50.399 Well sure, and I think too if we do remember what happened before. 103 00:07:50.639 --> 00:07:56.879 It's also the optics of it, based on which party decides to blink first. 104 00:07:57.120 --> 00:08:00.759 Do they look like the weaker party or does the other party look like 105 00:08:00.800 --> 00:08:05.000 the bad guy because they refuse to blink, right, and I think you 106 00:08:05.000 --> 00:08:09.959 know, whoever blinks, of course, spins it in a way that they 107 00:08:09.000 --> 00:08:13.120 don't look like they blinked. And everybody tries, you know, to put 108 00:08:13.160 --> 00:08:16.839 their own political messaging on this, but somebody has to and that's the questions 109 00:08:16.839 --> 00:08:20.480 that have been framed of like who is the one that blinks here? How 110 00:08:20.519 --> 00:08:22.480 do you what are the off ramps to all of this? You know, 111 00:08:22.560 --> 00:08:26.959 big meeting next Tuesday at the White House with the President and Kevin McCarthy. 112 00:08:26.279 --> 00:08:30.360 I think you can expect we will not have cameras in that meeting, but 113 00:08:30.879 --> 00:08:33.840 because of the style of this White House, but hopefully we get to hear 114 00:08:33.879 --> 00:08:37.279 from the lawmakers after the meeting they come out and give us a sense of 115 00:08:37.279 --> 00:08:39.519 what went on during those discussions. All right, Karen, thank you so 116 00:08:39.639 --> 00:08:43.919 much. Happy sinco de mayo. Are you guys doing anything fun? You? 117 00:08:45.200 --> 00:08:48.440 Well, we've got jobs report today at the White House and now the 118 00:08:48.480 --> 00:08:52.399 President has a meeting with his Investing in America cabinet, so very exciting, 119 00:08:52.759 --> 00:08:54.200 all right, cool. In fact, I'm going to talk about the jobs 120 00:08:54.279 --> 00:08:58.480 report coming up at five twenty, so thank you. That'll be my celebration 121 00:08:58.519 --> 00:09:05.360 as well. Have a goodbye dot you next week. Thanks ABC's Karen Traverse. 122 00:09:05.879 --> 00:09:07.080 All right, let's get back to some of these stories coming out of 123 00:09:07.120 --> 00:09:15.039 the KFI twenty four hour newsroom. New York Democratic Congresswoman Alexandria Ocasio Cortes, 124 00:09:15.960 --> 00:09:22.000 this is the weirdest thing. Is teaming up with who've all people? Would 125 00:09:22.000 --> 00:09:30.720 you think? Or another lawmaker? Okay, Alexandria Ocasio Cortes is teaming up 126 00:09:30.840 --> 00:09:39.639 with Florida Republican Congressman Matt Gates. I'm sorry, Wait what I had to 127 00:09:39.679 --> 00:09:45.240 reread that this morning went away? Wait, they are teaming up. They're 128 00:09:45.279 --> 00:09:50.440 trying to ban Congress from trading stocks. These two are actually part of a 129 00:09:50.480 --> 00:09:56.279 group of lawmakers who say the ability to individually trade stocks stop the public's trust 130 00:09:56.360 --> 00:10:01.440 in government. Ocasio Cortez says, when Congress has access to classified information, 131 00:10:01.919 --> 00:10:07.399 it should not be trading on it on the stock market. Kind of agree 132 00:10:07.440 --> 00:10:11.960 with that because that feels like insider trading or something. There was bipartisan support 133 00:10:11.000 --> 00:10:15.600 for the issue last year, but nothing was introduced. Then they put this 134 00:10:15.759 --> 00:10:20.200 updated bill on the floor. I think it was Tuesday. The owner of 135 00:10:20.240 --> 00:10:26.879 a dance studio in Anaheim has been charged with sexually assaulting six girls. Mark 136 00:10:26.039 --> 00:10:31.159 Chariva, sorry, that's Schabarria was arrested earlier this week. He's charged with 137 00:10:31.240 --> 00:10:35.840 fifteen counts of ludas on a child younger than fourteen, and other charges. 138 00:10:35.879 --> 00:10:41.480 All of them are felonies. He has pleaded not guilty. Well, a 139 00:10:41.480 --> 00:10:46.480 guy who missed his flight from Las Vegas to lax is facing felony charges for 140 00:10:46.559 --> 00:10:52.320 allegedly telling officials there might be a bomb in his luggage. Was this so 141 00:10:52.480 --> 00:10:58.639 that the plane wouldn't go? I'm so confused. Oh why the Jetboulue plane 142 00:10:58.799 --> 00:11:05.600 was evacuated yesterday when it arrived in La Nothing explosive was found in the search, 143 00:11:05.519 --> 00:11:09.919 all right, So, these attorneys for Eric and law Menendez say new 144 00:11:09.919 --> 00:11:15.240 evidence is grounds to have their convictions for killing their parents in Beverly Hills overturned. 145 00:11:15.399 --> 00:11:18.960 The brothers legal team says the evidence supports the brothers claims the boys were 146 00:11:18.000 --> 00:11:22.200 sexually assaulted by their father and feared for their lives. Attorney's point to two 147 00:11:22.279 --> 00:11:26.000 key pieces of evidence versus and apparent letters sent from one of the brothers to 148 00:11:26.039 --> 00:11:30.320 his cousin a few months before the boys shot and killed their parents. The 149 00:11:30.399 --> 00:11:33.159 letter reads, I never know when it's going to happen, and it's driving 150 00:11:33.200 --> 00:11:37.519 me crazy. The other piece of evidence's recent sexual assault allegations a member of 151 00:11:37.519 --> 00:11:41.799 the boy band Manudo has made against the brother's father. The Menendez brothers were 152 00:11:41.799 --> 00:11:45.480 found guilty of murdering their parents in nineteen eighty nine. They were sentenced to 153 00:11:45.480 --> 00:11:50.159 life without parole. Blake Trolley ka if I News the OC Sheriff's Department. 154 00:11:50.759 --> 00:11:56.799 The Medal of Valor award recipient this year include a deputy who saved a baby, 155 00:11:56.360 --> 00:12:01.879 a swat team that saved a motorcyclist, and a doctor who saved a 156 00:12:01.000 --> 00:12:05.799 church. The incident that day was horrific. Ocy Sheriff Don Barne says doctor 157 00:12:05.879 --> 00:12:09.360 John Chang was killed when he stopped an active shooter last year at a church 158 00:12:09.399 --> 00:12:11.639 in Laguna Woods. Without the actions of doctor Chang, who was a hero, 159 00:12:13.000 --> 00:12:16.159 undoubtedly many more lives would have been lost. Sergeant Jackie Gray's team was 160 00:12:16.200 --> 00:12:20.000 recognized for dozens of human trafficking arrests. The people who work for the victims 161 00:12:20.080 --> 00:12:22.399 and to you recognized for it is. It's one of those experiences in lawnforce 162 00:12:22.440 --> 00:12:26.559 that makes you happy that you do your job. Other awards yesterday include a 163 00:12:26.559 --> 00:12:30.440 deputy who was hit and dragged by a drunk driver and an investigator who helped 164 00:12:30.519 --> 00:12:35.480 prevent a mass violence attack in Anaheim. Corbin Carson, ka if I News 165 00:12:35.559 --> 00:12:39.639 and just a reminder. The Riverside County Sheriff's Department says it's stepping up patrols 166 00:12:39.679 --> 00:12:43.679 to catch people who drive drunk or drugged. Over this and go. De 167 00:12:43.799 --> 00:12:48.039 Mayo. Officials say people planning on having a couple of drinks should have a 168 00:12:48.159 --> 00:12:52.879 designated driver or call an uber or a lift. It doesn't matter. A 169 00:12:52.960 --> 00:12:58.200 misdemeanor d Y conviction in California can result in finds up to ten grand gael 170 00:12:58.320 --> 00:13:05.879 time probation. Intoxicator drivers are also looking at state prison time if someone is 171 00:13:05.960 --> 00:13:09.120 killed. So you know what, how easy is it set aside in your 172 00:13:09.159 --> 00:13:13.240 budget tonight? An extra I don't know, twenty thirty bucks to pay for 173 00:13:13.320 --> 00:13:18.360 your uber or lift and then you're home free. I don't know if you 174 00:13:18.440 --> 00:13:22.440 have seen this huge fire at this commercial building in commerce. This is what 175 00:13:22.440 --> 00:13:28.080 we've been talking about in traffic. Robert was saying, it's not really super 176 00:13:28.200 --> 00:13:31.799 visible, doesn't seem to be making any impact, but wholely cow. These 177 00:13:31.879 --> 00:13:37.159 intense flames and heavy smoke can be seen from at least Flotilla Street, which 178 00:13:37.200 --> 00:13:41.360 is kind of around it. But we're trying to figure out what kind of 179 00:13:41.399 --> 00:13:45.919 material is in this building and it's you know, it's a commercial building, 180 00:13:45.960 --> 00:13:50.080 so who that knows what's in there, but that's fueling this fire. Firefighters 181 00:13:50.080 --> 00:13:56.279 have been working to protect buildings nearby. It's just it's huge. And LA 182 00:13:56.360 --> 00:14:00.919 police have fatally shot one of three guys involved in this high speed chase downtown. 183 00:14:01.279 --> 00:14:03.879 They were doing this chase, then they see a guy with a gun. 184 00:14:03.279 --> 00:14:07.840 Things go squorely after that, and the Riverside County Sheriff's Department says it's 185 00:14:07.840 --> 00:14:13.879 stepping up patrols to catch those people who go to those aforementioned bars and start 186 00:14:13.960 --> 00:14:16.840 spilling drinks and then think it's a great idea to drive drunk or drugged over 187 00:14:16.879 --> 00:14:22.639 Sinco de Mayo probably call an uber or lyft. Caleb Silver, investopedia dot 188 00:14:22.639 --> 00:14:26.080 COM's editor in chief, Good morning to you. We are waiting for a 189 00:14:26.240 --> 00:14:31.000 jobless report about to drop any moment now right, Well, you said jobless, 190 00:14:31.000 --> 00:14:35.039 Hopefully it's a job gains report that's string around nine minutes. That is 191 00:14:35.080 --> 00:14:39.200 the April jobs report. We're expecting around one hundred and eighty thousand jobs to 192 00:14:39.240 --> 00:14:41.879 have been added last month, a little bit of a slowdown from March, 193 00:14:41.919 --> 00:14:45.240 which is two hundred and thirty six thousand, and we've been averaging three hundred 194 00:14:45.240 --> 00:14:48.679 and forty five thousand jobs a month in the through the first quarter. But 195 00:14:48.840 --> 00:14:52.720 job growth is slowing a little bit. Unemployment ratemate tick up. It's a 196 00:14:52.720 --> 00:14:56.240 bit too as more folks are now looking for work. May be concerned that 197 00:14:56.320 --> 00:14:58.840 the job market is going to get much weaker towards the back half of the 198 00:14:58.919 --> 00:15:03.360 year. Okay, watch the Feds raise the interest rate another quarter percent. 199 00:15:03.480 --> 00:15:05.360 Now you're saying that there's a bit of a softening when it comes to the 200 00:15:05.440 --> 00:15:09.559 jobs numbers. Does this mean that we're starting to come to some sort of 201 00:15:09.600 --> 00:15:16.240 balance. Yeah, Balance would be the gains of about one hundred thousand jobs 202 00:15:16.240 --> 00:15:18.039 a month. That shows sort of a healthy economy. That's how many workers 203 00:15:18.039 --> 00:15:22.679 sort of enter the workforce on average every month. We've been way over that. 204 00:15:22.759 --> 00:15:24.879 And we've been way over that. Why because employers, especially in the 205 00:15:24.960 --> 00:15:30.039 services part of the economy restaurants, bars, hotels, etc. They've been 206 00:15:30.039 --> 00:15:33.399 trying to add workers back because that's where the demand is right now. Also 207 00:15:33.440 --> 00:15:35.440 a little bit in government and healthcare. But you've also been hearing, especially 208 00:15:35.440 --> 00:15:41.080 out in California about layoffs and tech companies about layoffs and some retail jobs. 209 00:15:41.200 --> 00:15:43.840 So you're seeing some softness in parts of the economy, but there's still a 210 00:15:43.879 --> 00:15:46.360 lot of demand for workers in the services part of the economy. Okay, 211 00:15:46.360 --> 00:15:50.159 when it comes to how the stock market is reacting, I know, I 212 00:15:50.159 --> 00:15:54.559 think it was Tuesday before we had the interest rate hike that they, you 213 00:15:54.600 --> 00:15:58.840 know, the stock market analysts knew that it was going to happen. The 214 00:15:58.840 --> 00:16:03.120 next day, a man, that stock market went down fast. Now where 215 00:16:03.159 --> 00:16:06.799 are we what can we expect now and what can we expect it to look 216 00:16:06.840 --> 00:16:10.759 like based on the report that comes out this morning. Yeah, So the 217 00:16:10.840 --> 00:16:12.639 jobs report is a rear view mere indicator, and that we're looking at last 218 00:16:12.639 --> 00:16:15.159 month's job gains. But what it does tell us is whether or not the 219 00:16:15.159 --> 00:16:18.279 Fed's interest rate hikes. And they've been hiking rates steadily ten times in a 220 00:16:18.360 --> 00:16:21.919 row. Now we've got interest rates as high as they've ever been since two 221 00:16:22.000 --> 00:16:26.440 thousand and seven. Has that slow job growth and has slowed more importantly wage 222 00:16:26.440 --> 00:16:29.360 growth, because believe it or not, the FED wants to slow job growth 223 00:16:29.360 --> 00:16:33.120 and wage growth. Why because as wages keep rising, employers have to pay 224 00:16:33.320 --> 00:16:37.679 their employees more and they pass those extra costs onto consumers. Consumers at some 225 00:16:37.720 --> 00:16:40.480 point are going to pull back on spending. It really hasn't happened yet, 226 00:16:40.519 --> 00:16:44.519 but consumer spending is seventy percent of our GDP, so this is all connected. 227 00:16:44.559 --> 00:16:47.559 And that if where job gains are too strong, the Fed's going to 228 00:16:47.639 --> 00:16:49.039 have to keep raising rates. And if the FED keeps raising rates, that 229 00:16:49.080 --> 00:16:52.320 puts pressure on the stock market. That's the balance we're in right now. 230 00:16:52.399 --> 00:16:56.799 That said, even though it's been chopping lately, the stock market, the 231 00:16:56.840 --> 00:17:00.799 SMP five hundred up six percent this year, the NASDAC up around eighteen percent 232 00:17:00.840 --> 00:17:03.960 this year. So while we're kind of worrying about everything, stock market's kind 233 00:17:03.960 --> 00:17:07.160 of quietly grounded a little bit higher, except for the Dow Jones industrials, 234 00:17:07.319 --> 00:17:10.160 which is flat for the year. And when it comes to going back to 235 00:17:10.359 --> 00:17:14.640 consumer spending, is that does the fact that a lot of times when it 236 00:17:14.640 --> 00:17:18.799 comes to consumer spending, we are putting it on our credit cards with these 237 00:17:18.920 --> 00:17:22.200 you know, just light upticks every time that the Fed increases the interest rates, 238 00:17:22.480 --> 00:17:26.640 at what point do you think that consumers will start to go, hey, 239 00:17:26.680 --> 00:17:30.119 wait a minute, these even minimum payments are getting a little bit too 240 00:17:30.200 --> 00:17:33.599 high for me. I gotta pull back. Yeah, we've been, but 241 00:17:33.680 --> 00:17:36.680 we don't break. And credit card debt is at an all time high right 242 00:17:36.720 --> 00:17:38.960 now. The average debt per bar or somewhere around five thousand bucks. So 243 00:17:40.000 --> 00:17:42.720 we haven't broken yet. Even though aprs on credit cards are north of twenty 244 00:17:42.720 --> 00:17:45.799 percent, you would think that would cause a pullback, but we're still doing 245 00:17:45.799 --> 00:17:49.240 a lot of revenge spending, especially in travel right especially in eating out. 246 00:17:49.279 --> 00:17:52.039 And we have inflation the deal with, so we're having to spend more at 247 00:17:52.039 --> 00:17:56.359 the grocery store every time we go shopping right now, So we haven't broken 248 00:17:56.480 --> 00:17:59.519 yet. What will happen is if we see more layouts and a recession or 249 00:18:00.200 --> 00:18:02.839 it's very personally, if you lose your job, you're going to start spending 250 00:18:02.880 --> 00:18:07.039 less. If you see your neighbors or family members facing economic difficulties, you 251 00:18:07.160 --> 00:18:10.519 pull back on spending. We haven't had that broadly yet. If that happens, 252 00:18:10.720 --> 00:18:12.119 that's going to send us into a recession. The question is how long 253 00:18:12.119 --> 00:18:15.920 will that last? All right, Caleb, thank you so much. Have 254 00:18:15.000 --> 00:18:18.519 a great weekend. You two all right, thanks, see you later. 255 00:18:19.160 --> 00:18:25.240 That is investopedia dot COM's editor in chief, Caleb Silver. All Right. 256 00:18:25.319 --> 00:18:33.039 I don't know if I remember watching Prince Charles, and at that time it 257 00:18:33.160 --> 00:18:37.400 was Diana. I remember laying on the floor when I was a little kid. 258 00:18:37.440 --> 00:18:41.799 I must have been like, I don't know, three or four. 259 00:18:41.160 --> 00:18:45.559 I don't know why I remember this so vividly. Maybe because I've never seen 260 00:18:45.599 --> 00:18:48.440 a queen before, or it could have been the fact that I was wiggling 261 00:18:48.519 --> 00:18:53.279 a loose tooth. And I remember laying on the floor wiggling a loose tooth 262 00:18:53.559 --> 00:18:57.400 with my mom on the couch, and we were watching, you know, 263 00:18:57.480 --> 00:19:03.119 as the horse drawn carry took, you know, the prince and princess at 264 00:19:03.160 --> 00:19:07.079 that time, Diana and Charles down the road, and she was waving so 265 00:19:07.160 --> 00:19:11.200 beautifully, and I thought, man, I could be a toothless princess someday. 266 00:19:11.279 --> 00:19:14.079 No, I don't know if I actually thought that, but it is 267 00:19:14.160 --> 00:19:19.839 true I was wiggling a tooth. And now this weekend we have the coronation 268 00:19:21.799 --> 00:19:27.599 of King Charles the Third and Queen Camilla, and I've been looking at some 269 00:19:27.640 --> 00:19:32.640 of the things that you know go along with the coronation, So we're gonna 270 00:19:32.680 --> 00:19:37.640 have all the pomp and circumstance that you can possibly imagine for tomorrow. And 271 00:19:37.680 --> 00:19:41.480 then I was looking up some of the I don't know history on it. 272 00:19:41.799 --> 00:19:45.799 So if you go to I got this off of Royal dot UK, which 273 00:19:45.960 --> 00:19:51.359 is the official Royal's website, and so there's a part on it that is 274 00:19:51.400 --> 00:19:56.319 the history of this and one hundred things that you may or may not know 275 00:19:56.880 --> 00:20:00.960 about it. About him specifically, did you know that he's an author? 276 00:20:03.039 --> 00:20:06.359 Yeah? I didn't even know that. He wrote a book based on stories 277 00:20:06.400 --> 00:20:10.960 he told his younger brothers when he was growing up. He's also written books 278 00:20:11.079 --> 00:20:17.279 on the natural world and the environment. He's a painter, did you know 279 00:20:17.400 --> 00:20:22.599 that? And that his watercolors have been displayed in the Royal Academy's nineteen eighty 280 00:20:22.640 --> 00:20:29.480 seven Summer exhibition after it was submitted anonymously, which I think that's important because 281 00:20:29.480 --> 00:20:32.799 when I first read that, oh it was in the summer exhibition, well 282 00:20:32.880 --> 00:20:36.279 does he's the king? So if somebody calls and says, hey, Charles 283 00:20:36.319 --> 00:20:40.440 stick figure is here, somebody's going to put it up. But it was 284 00:20:40.640 --> 00:20:45.960 submitted anonymously and it still made it in all right, let's see I did 285 00:20:47.000 --> 00:20:49.680 not know this, and why we did not have this footage, I don't 286 00:20:49.720 --> 00:20:52.480 know, because it should be somewhere and I'm gonna have to try and find 287 00:20:52.519 --> 00:21:00.640 it. His majesty has presented the weather forecast on the BBC and apparently this 288 00:21:00.720 --> 00:21:06.200 took place during a visit to the BBC's Scotland studios in twenty twelve. Now 289 00:21:06.200 --> 00:21:10.480 who sets that up? And if you are the news director of the BBC 290 00:21:10.599 --> 00:21:14.039 and you get a call, they're like, hey, yeah, I'm the 291 00:21:14.119 --> 00:21:18.799 spokesperson for at that time, Prince Charles, wouldn't you say to yourself? 292 00:21:18.880 --> 00:21:25.119 Yeah right. It's like one time I remember former President Clayton called in the 293 00:21:25.119 --> 00:21:32.920 newsroom and I remember sitting there getting the call and he was like, Hi, 294 00:21:33.039 --> 00:21:36.720 this is Bill Clinton calling for the host that was on after me, 295 00:21:37.279 --> 00:21:42.000 and I literally said yeah right, and he goes, no, I'm I'm 296 00:21:42.480 --> 00:21:47.240 I'm scheduled to be on with him, and I all of a sudden, 297 00:21:47.279 --> 00:21:48.920 you know that voice, right, And I went, oh, I just 298 00:21:48.960 --> 00:21:53.599 said yeah right to the president. But I have a feeling that probably was 299 00:21:53.799 --> 00:21:59.119 what happened when he do we have I've got to find that forecast. If 300 00:21:59.119 --> 00:22:03.359 I do, I will on social media jjl KFI on Twitter and Instagram. 301 00:22:03.680 --> 00:22:10.039 In nineteen eighty, the King rode in the steeple chase and finished second. 302 00:22:10.880 --> 00:22:14.480 I mean, we knew the guy was in equestrian and had played polo all 303 00:22:14.519 --> 00:22:18.079 throughout his life. I think up until like the early two thousands he was 304 00:22:18.119 --> 00:22:25.039 still very very active in it. Andy likes the trees. The King often 305 00:22:25.119 --> 00:22:30.440 carries out tree planting ceremonies, that's his thing apparently, and after planting each 306 00:22:30.519 --> 00:22:36.680 tree, his Majesty gives a branch a friendly shake to wish them well. 307 00:22:37.119 --> 00:22:41.720 Mike, it's interesting. Now. The other thing that we have that is 308 00:22:41.839 --> 00:22:47.319 Michelle's putting up on the website for us KFI AM six forty dot com is 309 00:22:47.359 --> 00:22:53.480 the Coronation Keiche, which I looked at the recipe for and I was talking 310 00:22:53.519 --> 00:22:59.440 with our actually a producer A and Robin Berto Lucci, our program director yesterday. 311 00:23:00.200 --> 00:23:03.680 I think it sounds fine except where it's a kiche that has heavy cream, 312 00:23:04.279 --> 00:23:07.640 all the cheese, all the eggs, all that kind of stuff. 313 00:23:07.839 --> 00:23:11.480 But then the two things that threw me. It has beans in it. 314 00:23:11.559 --> 00:23:15.559 Broad beans which are kind of like soya beans, butterbeans like the big old 315 00:23:15.559 --> 00:23:19.839 white beans, beans and a kiche and tarragon. Anyway, I'm kind of 316 00:23:19.839 --> 00:23:23.079 thinking about making it this weekend and bringing it in Monday for the show. 317 00:23:23.359 --> 00:23:27.440 So guys, get your taste buds ready, but we will have hopefully some 318 00:23:27.519 --> 00:23:33.359 Coronation flavor when we talk about it on Monday morning. Tyler scrambled and I 319 00:23:33.440 --> 00:23:38.599 now have the link to Prince Charles giving the weather forecast. It's just just 320 00:23:41.000 --> 00:23:45.160 it just throws you for a curve, like wow, all right. Anyway, 321 00:23:45.240 --> 00:23:52.559 it's up from May eleventh, twenty twelve, so almost exactly what eleven 322 00:23:52.640 --> 00:23:56.720 years ago, so you can see how well he delivers a weather forecast. 323 00:23:56.200 --> 00:24:00.559 He shakes the limbs of trees to say good luck and he gives the weather 324 00:24:00.599 --> 00:24:06.039 forecast. He also plays piano. You're welcome, Dean Sharp, good morning 325 00:24:06.039 --> 00:24:11.519 to you. Did you know all those coronation little tidbits. I did not, 326 00:24:11.720 --> 00:24:15.519 but none of them surprised me. Actually, in fact, I would 327 00:24:15.559 --> 00:24:18.279 think, you know, keishe is a French food and so leave it to 328 00:24:18.279 --> 00:24:23.720 the British to thumb their noses at the at French cuisine by filling a kiche 329 00:24:23.880 --> 00:24:29.519 with like the heaviest food possible. Yeah, let's just put maybe we should 330 00:24:29.519 --> 00:24:33.160 put beans in it? Yeah, who'd idea was that? Fill it with 331 00:24:33.319 --> 00:24:37.279 beans? I agree, that's the part where I went anyway, Yes, 332 00:24:37.319 --> 00:24:41.200 and you're right, and the French are probably like, oh please, it's 333 00:24:41.200 --> 00:24:44.880 supposed to be light and fluffy and you know, with a few little bits 334 00:24:44.920 --> 00:24:48.519 of I don't know, cheese and broccoli or you know, the what are 335 00:24:48.519 --> 00:24:52.759 they the ham and cheese or something like that, but beans please, Dean, 336 00:24:52.839 --> 00:24:56.880 welcome back. How was your trip to Italy? Oh? It was 337 00:24:56.000 --> 00:25:00.640 terrible, just you know, you know Italy. It was just awful. 338 00:25:03.079 --> 00:25:07.880 Every minute was a torture. I've only seen a couple of pictures of your 339 00:25:07.880 --> 00:25:10.319 trip, and it looks like you guys had an amazing time. What an 340 00:25:10.319 --> 00:25:12.839 experience. It was great. Yeah, we had a lot of fun. 341 00:25:14.440 --> 00:25:17.519 You have you been there before? And I ask you this from like a 342 00:25:17.559 --> 00:25:19.880 literally, I bet you look at when you go to different places like that, 343 00:25:21.200 --> 00:25:23.599 you're looking at the architecture and the design. I mean, that's just 344 00:25:23.759 --> 00:25:27.039 who you are. And when you go there and you see this sort of 345 00:25:27.079 --> 00:25:30.680 thing, and in so much history is in the way that things are designed. 346 00:25:30.839 --> 00:25:34.160 I bet it's almost a little bit of like an overload for you, 347 00:25:34.319 --> 00:25:40.359 sensory overlap it is, so it's such an overload. I was telling Conway 348 00:25:40.440 --> 00:25:44.480 last night. At some point about five minutes in, I had to start 349 00:25:44.519 --> 00:25:48.880 like shutting down parts of my brain just because because you know, I mean 350 00:25:48.880 --> 00:25:53.519 when when you're walking through a country a town where every building is, you 351 00:25:53.559 --> 00:25:57.519 know, like six hundred years old. That means everything has a story, 352 00:25:59.079 --> 00:26:04.480 everything as a timeline and a trajectory from some architectural era of the past, 353 00:26:06.079 --> 00:26:11.000 and you just can't. You can't. It's it's like architectural history with a 354 00:26:11.039 --> 00:26:15.079 fire hose. You just can't. You can yeah, And so so you 355 00:26:15.160 --> 00:26:18.359 gotta get really like meant, I have to, I have to get really 356 00:26:18.400 --> 00:26:22.279 mentally selective about what it is that I'm thinking about, because anybody and you 357 00:26:22.319 --> 00:26:25.880 just walk up to some door, you just knock on a door, and 358 00:26:25.960 --> 00:26:29.440 this old woman answers, and you're like, Hey, does this place have 359 00:26:29.519 --> 00:26:34.880 a story? She's like, are you kidding me? Right? Right? 360 00:26:36.319 --> 00:26:38.960 Well, I'm glad that you got that opportunity. But I was thinking about 361 00:26:40.000 --> 00:26:41.559 you when you were gone, because that's your thing. You like to look 362 00:26:41.559 --> 00:26:44.720 at the bones of the house, you know, and then kind of go 363 00:26:44.839 --> 00:26:48.880 from there, and I thought, oh my gosh, I can't imagine somebody 364 00:26:48.960 --> 00:26:52.559 like you with that eye or that mindset going to a place like Italy, 365 00:26:52.680 --> 00:26:56.680 you know, somewhere like that that just has this incredible history and what that 366 00:26:56.759 --> 00:26:59.559 must have been like. So I'm so glad you had that opportunity. But 367 00:26:59.640 --> 00:27:03.160 welcome back. We're glad you're home, and I'm glad to be home too. 368 00:27:03.240 --> 00:27:06.960 You know what, we work really hard, Tina and I at having 369 00:27:06.960 --> 00:27:10.400 a home and having a life that it's fun to vake kate from, but 370 00:27:10.480 --> 00:27:12.640 it's not a necessity, and we're always happy. When we start to, 371 00:27:14.440 --> 00:27:17.880 you know, feel the fatigue of a long vacation, it's like, you 372 00:27:17.920 --> 00:27:19.279 know, well we're ready, Yeah, I'm home, yep. It makes 373 00:27:19.279 --> 00:27:22.720 you appreciate it more, all right. So a lot of people, especially 374 00:27:22.799 --> 00:27:26.079 kind of as we get out of the crummy weather and it starts to become 375 00:27:26.119 --> 00:27:29.880 springtime, you start to think like, han, you need to do a 376 00:27:29.880 --> 00:27:33.240 little spring cleaning. And then also you've been cooped up in your house all 377 00:27:33.240 --> 00:27:37.279 winter and you've had the opportunity to go, Man, I really need to 378 00:27:37.359 --> 00:27:41.079 change that, or I really let's knock down that wall. Something like that, 379 00:27:41.359 --> 00:27:45.880 but when it comes to remodeling, sometimes our ideas don't necessarily go along 380 00:27:45.920 --> 00:27:49.240 with our budget, and then sometimes you don't feel like you and your partner 381 00:27:49.279 --> 00:27:52.359 are on the same page. There's a lot that goes into it. But 382 00:27:52.400 --> 00:27:57.319 you've got some tips for us to make a remodel go right. Yeah, 383 00:27:57.319 --> 00:28:02.799 you know, it's remodeling season, and I don't know exactly why it gets 384 00:28:02.839 --> 00:28:07.079 titled that. I think though, it's because the average person kind of wakes 385 00:28:07.160 --> 00:28:11.839 up here in midspring and says, wait a second, now it's time to 386 00:28:11.000 --> 00:28:18.039 change something about our house. And that's completely the legit, and it's great, 387 00:28:18.200 --> 00:28:22.920 But unfortunately then everybody starts looking at the clock and they're like, wait, 388 00:28:22.920 --> 00:28:26.640 well, we gotta get going right now because springs about to end, 389 00:28:26.680 --> 00:28:30.160 summer's going to be here, and then fall. Have this all done by 390 00:28:30.200 --> 00:28:33.720 the holidays, And let me tell you, unless it's just a quick little 391 00:28:34.359 --> 00:28:42.160 design overlay or just a quick refresher, that's just not going to be realistic. 392 00:28:42.240 --> 00:28:48.400 That's why we're going to spend this weekend, Tomorrow's show and Sunday handing 393 00:28:48.400 --> 00:28:55.720 out the kind of kind of remodeling advice that people just don't normally get to 394 00:28:55.839 --> 00:29:00.759 hear a lot of wisdom coming forward from experience. The main thing I would 395 00:29:00.799 --> 00:29:03.559 say, I don't know, we could start anywhere, but I'll just put 396 00:29:03.559 --> 00:29:07.319 it this way. What's the biggest lesson you can learn if you're getting ready 397 00:29:07.519 --> 00:29:15.279 to remodel a house, slow your role. Just slow it down for a 398 00:29:15.400 --> 00:29:19.000 number of reasons. Number one, if you were to start planning today, 399 00:29:19.960 --> 00:29:25.240 and again, the chances of you getting it all wrapped up and done at 400 00:29:25.279 --> 00:29:30.839 this point by the holidays a major remodel virtually non existent. Okay, I 401 00:29:30.880 --> 00:29:33.599 don't want to, you know, rain on anybody's parade, but just the 402 00:29:33.640 --> 00:29:37.319 idea. If you've got to submit plans, if you've got to pull permits, 403 00:29:37.319 --> 00:29:41.559 if you've got to pull contractors together. Again, unless it's a very 404 00:29:41.599 --> 00:29:45.240 small job, it's likely going to roll right into the holidays. Now you 405 00:29:45.279 --> 00:29:51.240 know. If you're ready for that, great, But just understand the best 406 00:29:51.480 --> 00:29:56.880 way to remodel a house is to spend the most important resource you have to 407 00:29:57.000 --> 00:30:03.960 do it, and that is not money. It's time. Time when your 408 00:30:03.119 --> 00:30:07.319 most important resource. And when you talk about this, I know I have 409 00:30:07.519 --> 00:30:11.240 zero patience. I want everything done yesterday, and so this is one that 410 00:30:11.319 --> 00:30:15.640 I think I would have to like constantly tell myself when I go to bed 411 00:30:15.680 --> 00:30:18.720 at night, like it's okay, it's okay, you know, don't worry 412 00:30:18.720 --> 00:30:22.160 about the fact that this isn't going as quickly as you had planned. You 413 00:30:22.200 --> 00:30:26.440 talk about the iron triangle, and that's one of the things that I loved 414 00:30:26.440 --> 00:30:30.559 about that and I'll let you expand on it, but time being one of 415 00:30:30.599 --> 00:30:33.680 those sides of this triangle. And it's so important to keep that in mind 416 00:30:33.720 --> 00:30:38.640 because we do all expect magic to happen in our house, to magically transform 417 00:30:38.720 --> 00:30:42.559 overnight. That is not the case. Yeah, it's not the case, 418 00:30:42.680 --> 00:30:47.200 nor do you want it to be. And you know, we have this 419 00:30:47.279 --> 00:30:52.960 kind of fast food mentality. Americans don't realize this, but we we overlay 420 00:30:53.000 --> 00:30:59.839 it onto everything and it doesn't work well. It doesn't mesh up well with 421 00:31:00.160 --> 00:31:03.000 something that you're trying to do to your home that you want to last for 422 00:31:03.559 --> 00:31:08.359 years and years and years. And I always tell people this, slow it 423 00:31:08.440 --> 00:31:12.480 down. The extra few weeks that you take right now, even though it's 424 00:31:12.559 --> 00:31:17.400 driving you crazy, But the extra time that you take right now, two 425 00:31:17.480 --> 00:31:21.519 or three years from now, when you are living in the perfect remodel, 426 00:31:21.799 --> 00:31:26.000 you won't care anymore. Okay, But if you rush it, as so 427 00:31:26.039 --> 00:31:32.079 many people do, you'll care every day because you'll be staring at the rushes, 428 00:31:32.119 --> 00:31:34.680 the mistakes, the oversights, all of those kinds of things. And 429 00:31:34.720 --> 00:31:37.559 you know what you brought up my trip to Italy And if you want to 430 00:31:37.640 --> 00:31:42.240 learn one lesson from a place that has some of the most beautiful architecture in 431 00:31:42.240 --> 00:31:45.039 the world, Like you know, here's a cathedral, Oh my god, 432 00:31:45.200 --> 00:31:48.720 just stunning, jaw dropping. How long did it take to build that? 433 00:31:48.799 --> 00:31:55.000 About two hundred and fifty years right now, I'm not suggesting that you take 434 00:31:55.039 --> 00:31:57.880 that amount of time to read, but that's the point. So you mentioned 435 00:31:57.880 --> 00:32:05.160 the iron triangle. There is an iron triangle in the world of construction and 436 00:32:05.240 --> 00:32:08.480 design. Imagine a triangle in your mind. Those three sides. We're gonna 437 00:32:08.559 --> 00:32:14.599 name those three sides. One side is cost, the next is time, 438 00:32:15.240 --> 00:32:20.400 and the third quality. Now here is the rule. You will choose two 439 00:32:20.480 --> 00:32:23.839 sides of that triangle that you want for your project, and you're gonna pay 440 00:32:23.920 --> 00:32:30.519 for those two sides with the third side. So as an example, if 441 00:32:30.559 --> 00:32:35.880 you want it done really awesome and really fast, okay, if you want 442 00:32:35.920 --> 00:32:38.720 the quality and the time, then you're gonna pay for it in cost. 443 00:32:38.799 --> 00:32:43.839 In other words, get ready to write a big, big check to have 444 00:32:43.920 --> 00:32:49.359 it done. Okay, if you want it done fast and cheap, then 445 00:32:49.720 --> 00:32:53.079 all you have to do is sacrifice quality. Yeah, okay. Most people 446 00:32:53.559 --> 00:32:58.200 fall for the third option, which is, hey, I would like the 447 00:32:58.240 --> 00:33:04.400 best possible value and the best possible quality into my house. Well guess what 448 00:33:04.640 --> 00:33:08.880 that means. That means you pay for that with taking your time. And 449 00:33:08.960 --> 00:33:12.680 it's really that simple. See. And when I read that, I was 450 00:33:12.720 --> 00:33:15.200 like, oh, I see what you mean by this. So the triangle 451 00:33:15.240 --> 00:33:19.920 with cost, time and quality, pick two and you sacrifice the third. 452 00:33:20.119 --> 00:33:23.000 That is the most brilliant thing. I like. I always get tips from 453 00:33:23.039 --> 00:33:27.079 you, but you know, my brain it's kind of mushy in there, 454 00:33:27.240 --> 00:33:30.359 and some things don't stick. This one stuck. I was thinking about that 455 00:33:30.400 --> 00:33:31.920 all last night. So Dean, thank you very much for that one. 456 00:33:32.799 --> 00:33:37.640 You're very very welcome, all right, have welcome back home, by the 457 00:33:37.680 --> 00:33:43.880 way, and chow, I'll see you next week, see you later. 458 00:33:44.200 --> 00:33:47.359 That is Kay's house, whispered Dean Sharp. Follow him on social media at 459 00:33:47.440 --> 00:33:52.759 Home with Dean and of course listen to him tomorrow morning six to eight and 460 00:33:52.039 --> 00:33:57.920 Sunday's nine to noon right here on K five. So there's the yay, 461 00:33:58.559 --> 00:34:00.960 let's go out on party side of it, and then there's the you better 462 00:34:01.079 --> 00:34:05.680 to have a play inside of it. From the Riverside County Sheriff's Department, 463 00:34:06.160 --> 00:34:10.199 they're reminding everybody just off way I, guys, we're stepping up patrols to 464 00:34:10.320 --> 00:34:15.519 catch people who drive drunk or drugged over Sinco de Mayo. And this is 465 00:34:15.559 --> 00:34:22.400 just the Riverside County Sheriff's Department, but every law enforcement entity in southern California 466 00:34:22.639 --> 00:34:27.440 is going to be stepping things up. Officials say people who plan on having 467 00:34:27.519 --> 00:34:31.599 a couple of drinks should have a designated driver or a call an uber or 468 00:34:31.679 --> 00:34:37.800 a lift. A misdemeanor DUI conviction in California can result in finds up to 469 00:34:37.920 --> 00:34:44.440 ten thousand dollars and also don't forget that includes some jail time and some improbation. 470 00:34:44.599 --> 00:34:49.679 Intoxicated drivers are also looking at state prison time if someone is killed. 471 00:34:49.880 --> 00:34:55.679 Force is strong with the University of Cincinnati Cancer Center, a Yoda impressionist, 472 00:34:55.760 --> 00:35:00.519 has marked the unofficial Star Wars Holiday May the fourth, thanking the cancer center 473 00:35:00.599 --> 00:35:07.599 in Ohio for its innovative treatment. Paul Ditchell says he learned he had neck 474 00:35:07.679 --> 00:35:10.519 cancer in twenty twenty when he started not being able to speak in his Yoda 475 00:35:10.639 --> 00:35:14.840 voice. So he said, he was told his vocal cords had to be 476 00:35:14.880 --> 00:35:20.960 removed, but doctors were able to save them by regrowing vocal cords. Check 477 00:35:21.000 --> 00:35:24.199 this out using ear cartilage. I don't even know that was a thing, 478 00:35:24.920 --> 00:35:29.880 Ditchell told his medical team. Now he's cancer free and he can keep living 479 00:35:29.920 --> 00:35:35.000 life and continue doing his Yoda impression. Jim Ryan, good morning to you. 480 00:35:35.159 --> 00:35:40.440 So I can't decide if this is super creepy or convenience, but when 481 00:35:40.440 --> 00:35:46.800 it comes to the uber predictive technology, it is here. But I just 482 00:35:46.880 --> 00:35:52.719 don't know if I want technology second guessing me because I know how terribly arise 483 00:35:52.840 --> 00:35:57.960 sometimes the autocorrect on like your phone can go. And so then when I 484 00:35:58.000 --> 00:36:00.519 was thinking about the two where I was kind of comparing them and I thought, 485 00:36:00.719 --> 00:36:04.679 holy cow, this could go really wrong, really fast. Well it 486 00:36:04.719 --> 00:36:08.519 could, sure bet who's to say that it might be super convenient for you 487 00:36:08.519 --> 00:36:12.679 to step out your door in the morning you were going to call an uber. 488 00:36:12.719 --> 00:36:15.920 You're gonna jump on the app and order an uber anyway, But here's 489 00:36:15.920 --> 00:36:17.960 this Uber sitting there in front of the house waiting for you. Guy opens 490 00:36:17.960 --> 00:36:21.400 the window and says, s are you Jennifer, And you say, yeah, 491 00:36:21.440 --> 00:36:24.000 I'm generally well hop in, let's go. Because you've made that trip 492 00:36:24.039 --> 00:36:28.800 so many times before, Uber is able to predict that you're probably going to 493 00:36:28.840 --> 00:36:34.920 make that trip again. Or let's say every time the Rams play, you 494 00:36:35.079 --> 00:36:38.360 order a pizza and you have it delivered through Uber app, through Uber eats 495 00:36:38.360 --> 00:36:42.079 brother, and so uber Eats figures out and say, okay, it's the 496 00:36:42.119 --> 00:36:44.679 game time, she's probably gonna order a pizza. Let's go ahead and send 497 00:36:44.719 --> 00:36:47.159 one out there. So it's that kind of predictive technology, and it's not 498 00:36:47.199 --> 00:36:51.719 something that isn't in use already. Jane. If you open your Netflix account, 499 00:36:51.800 --> 00:36:55.559 you'll see the recommendations there that Netflix makes based on your previous viewing. 500 00:36:55.960 --> 00:37:00.239 This is kind of the same sort of technology over Its just trying to get 501 00:37:00.239 --> 00:37:04.559 a jump on its competitors by filing for the applant and the patent. Now, 502 00:37:05.320 --> 00:37:07.320 all right, so if here's I guess, here's the part that I 503 00:37:07.440 --> 00:37:12.199 don't understand. What if I have a pattern, but all of a sudden, 504 00:37:12.239 --> 00:37:14.559 I think to myself, you know what, I don't need an Uber 505 00:37:14.639 --> 00:37:17.119 and I walk outside and there's you know, Sam, the Uber driver sitting 506 00:37:17.159 --> 00:37:20.679 there with his window down, and I'm like, wait, what are you 507 00:37:20.719 --> 00:37:23.440 doing here? What happens that? Couldn't the Uber driver then have sort of 508 00:37:23.480 --> 00:37:28.159 a I don't know, a false ride or you know what I mean, 509 00:37:28.280 --> 00:37:31.119 how does that person get paid if I don't do the normal thing that the 510 00:37:31.159 --> 00:37:35.559 algorithm says I do. You're right, and Uber is still working on that, 511 00:37:35.599 --> 00:37:38.039 trying to figure out how to handle those situations in which we break patterns 512 00:37:38.159 --> 00:37:44.400 or we don't do the predicted thing, order the predicted food. You guys, 513 00:37:44.400 --> 00:37:46.440 it's something that Uber would have to make up to that driver maybe, 514 00:37:46.960 --> 00:37:52.400 But I think the expectation is that this would so streamline things that would be 515 00:37:52.400 --> 00:37:55.800 so efficient that the one off when you don't take that ride to work would 516 00:37:55.800 --> 00:38:00.159 be worth all the other times that you do take the ride, and that 517 00:38:00.239 --> 00:38:02.679 profits would overcome the losses that come from that one time that you didn't. 518 00:38:02.719 --> 00:38:06.519 So, yeah, it's a it's a there's a long way to go. 519 00:38:06.599 --> 00:38:08.920 And by the way, this might never be deployed at all. Uber is 520 00:38:08.960 --> 00:38:15.320 simply filing the patent application to hold it. You know they don't want anybody 521 00:38:15.320 --> 00:38:17.400 else to get a hold of that, all right, and I do always. 522 00:38:17.480 --> 00:38:21.719 I always appreciate it when it's kind of a hey, this is what 523 00:38:21.760 --> 00:38:23.920 we're working on, you know what I mean, And they're showing their math 524 00:38:24.000 --> 00:38:28.400 and they're saying, hey, if APLSB doesn't equals see, then don't worry. 525 00:38:28.440 --> 00:38:30.639 We're not going to use it. But you know, here's if it 526 00:38:30.679 --> 00:38:32.639 does equal see, here are the things that you can get out of it. 527 00:38:32.679 --> 00:38:36.440 And those pitfalls that we were talking about, like the driver and you 528 00:38:36.480 --> 00:38:38.480 know, breaking your pattern. We know how to fix all of those. 529 00:38:39.199 --> 00:38:43.800 Is there any timeline or which it's okay? Nothing, Well, there are 530 00:38:43.800 --> 00:38:46.719 a bunch of geeks who sit around watching patent applications and looking for interesting things 531 00:38:46.719 --> 00:38:52.119 and then publishing them in newsletters like Patent Drop and Expedite. So yeah, 532 00:38:52.159 --> 00:38:54.800 it wasn't Uber the release this. It was the geeks who work at these 533 00:38:54.800 --> 00:38:59.079 different newsletters. All right, Jim, thank you so much. I don't 534 00:38:59.119 --> 00:39:02.920 know that I'm ready for I think I like the okay, anything that can 535 00:39:02.960 --> 00:39:07.599 streamline my life because I am the queen of double booking forgetting, like I 536 00:39:07.639 --> 00:39:12.079 mean literally I am, and I'm the first person to admit it. So 537 00:39:12.119 --> 00:39:15.199 I love the idea of a streamlined life, although I also know I like 538 00:39:15.280 --> 00:39:19.719 to sleep in sometimes things change up and I don't want to. I guess 539 00:39:19.719 --> 00:39:22.400 I would feel really bad if I messed up an uber driver or a delivery 540 00:39:22.480 --> 00:39:25.559 or whatever. Yeah, well leave the driving to us. There you go, 541 00:39:25.719 --> 00:39:30.159 Jim, have a great weekend. See you later. That is ABC's 542 00:39:30.199 --> 00:39:37.400 Jim Ryan. Yeah. I guess. I guess I just worry about how 543 00:39:37.880 --> 00:39:44.480 I would mess up somebody else's life based on the fact I know how squirrely 544 00:39:44.599 --> 00:39:51.320 and scattered I am. Like oftentimes when Handle does something screwy, it makes 545 00:39:51.320 --> 00:39:55.079 me feel better deep down inside because I'm like, nah, see it's somebody 546 00:39:55.119 --> 00:40:00.559 else. Maybe it's this business that you have to have crazy people to work 547 00:40:00.559 --> 00:40:05.119 in this business for you know, thirty years. This is what is this 548 00:40:05.239 --> 00:40:08.159 what the evil genius of us all is. They're like, hey, they 549 00:40:08.239 --> 00:40:14.199 are just crazy enough to work in radio sign them kind of think that might 550 00:40:14.239 --> 00:40:19.679 be the case. There are some snack smugglers from the US that have been 551 00:40:19.719 --> 00:40:22.159 busted halfway around the world. Two couples from the US have been stopped by 552 00:40:22.199 --> 00:40:27.599 Israeli customs officials as they tried to smuggle hundreds of pounds of fruit rollups into 553 00:40:27.599 --> 00:40:30.840 the country. More than six hundred fifty pounds of the flattened fruit stuffed in 554 00:40:30.880 --> 00:40:35.639 suitcases has been confiscated. It's tied to TikTok videos that show ice cream filled 555 00:40:35.719 --> 00:40:38.719 rollups, which has made rollups in Israel very popular, creating a lot of 556 00:40:38.760 --> 00:40:44.119 demand shortages and sky high prices if you can find them. Israel's Health Ministry 557 00:40:44.119 --> 00:40:47.920 has suggested people consider ingredients and additives and fruit rollups before they given to TikTok 558 00:40:49.000 --> 00:40:53.079 temptation. Fruit rollups are kosher, Amy King KFI News. All right, 559 00:40:53.199 --> 00:41:00.480 yesterday morning it was Chris Pratt galore on the Morning Show. So you know, 560 00:41:00.519 --> 00:41:04.599 I sit there in the studio and I've got TV's up, and what 561 00:41:04.639 --> 00:41:08.480 I'll do is, I'll have one national so like one cable network up, 562 00:41:08.840 --> 00:41:15.280 and I'll have one local up usually and depending on what local station I have 563 00:41:15.440 --> 00:41:20.559 on every now and then I realized it's gone from news to Good Morning America. 564 00:41:20.639 --> 00:41:22.760 So see its channel seven something like that, and then I've got to 565 00:41:22.800 --> 00:41:24.880 flip over. I'll go to a channel four or something like that. I'm 566 00:41:24.920 --> 00:41:30.199 not gonna lie. When there was Chris Pratt on TV yesterday morning. I 567 00:41:30.360 --> 00:41:37.559 might have left it on, but he being the main you know, come 568 00:41:37.559 --> 00:41:40.039 on, he's the main draw in Guardians of the Galaxy, right, Guardians 569 00:41:40.039 --> 00:41:44.800 of the Galaxy Volume three. And I went to some of the reviews last 570 00:41:44.880 --> 00:41:52.440 night because Super Mario Brothers has kicked so much mushroom butt over the past few 571 00:41:52.480 --> 00:41:54.960 weeks at the box office, I thought, I just wonder how Guardians of 572 00:41:55.000 --> 00:42:00.800 the Galaxy is going to shape up. See you later, super Mario Brothers. 573 00:42:00.960 --> 00:42:04.840 Here's some of the reviews, and this is people who posted them on 574 00:42:05.159 --> 00:42:10.119 Google. There's something for everyone in this action, heart and soul sci fi, 575 00:42:10.679 --> 00:42:19.119 loaded with fantastic special effects, sentimental, sturdy relationships, and a solid 576 00:42:19.199 --> 00:42:27.559 storyline with plenty of space to laugh and cry. Somebody else wrote, after 577 00:42:27.599 --> 00:42:31.159 six years of waiting, here comes the last film of the GOOTG series. 578 00:42:32.039 --> 00:42:37.079 I dare to say that this is the most intriguing series Marvel has made, 579 00:42:37.800 --> 00:42:44.719 and this one, goog Nope, GOOTG three alone is the best one after 580 00:42:44.760 --> 00:42:50.159 the Endgame. All right. So honestly, as far as the reviews on 581 00:42:50.199 --> 00:42:52.719 Google, and I think there's like six hundred or something people that came to 582 00:42:52.880 --> 00:42:57.639 look at this, and you know, post their reviews four and a half 583 00:42:57.679 --> 00:43:01.159 out of five stars. That's pretty good. So I met a lot of 584 00:43:01.159 --> 00:43:06.800 people are going to head to the movie theaters either tonight or this weekend. 585 00:43:07.320 --> 00:43:10.000 That could be something there you go that you do for your Sinco de Mayo 586 00:43:10.719 --> 00:43:15.880 and then go to a place like I pick in Pasadena, you know the 587 00:43:15.920 --> 00:43:20.320 one, the swanky one where sometimes Amy King and I go when we have 588 00:43:20.360 --> 00:43:24.119 our girls date night. And yes, it's gonna cost you. It's expensive. 589 00:43:24.360 --> 00:43:28.440 I admit. This is why we do it like once every six months, 590 00:43:28.440 --> 00:43:30.199 because we work in radio, so we have to save up. But 591 00:43:30.519 --> 00:43:35.199 it's one of those where you can go and like you have a blanket and 592 00:43:35.280 --> 00:43:38.360 pillow and you're in sort of a pod and you have a table and it's 593 00:43:38.440 --> 00:43:45.920 speakeasy style so you can get drinks and food delivered and it's fancy food and 594 00:43:45.000 --> 00:43:52.000 fancy drinks. Go there, get a margharita and watch Guardians of the Galaxy 595 00:43:52.039 --> 00:43:57.159 three. I'm just planning your weekend for you. And hey, don't forget 596 00:43:57.280 --> 00:44:00.719 California. I know this is an odd segue, but I want to make 597 00:44:00.719 --> 00:44:02.639 sure that I get this in as the last part of wake Up Call. 598 00:44:02.679 --> 00:44:07.519 This morning, California has officially opened up a state hotline for people to report 599 00:44:07.599 --> 00:44:15.480 hate crimes and hate incidents. Subliman al Mirasuchi says this hotline is going to 600 00:44:15.559 --> 00:44:21.599 make diverse communities safer. Unfortunately, most hate crimes and hate incidents are never 601 00:44:21.599 --> 00:44:27.679 reported. Now this hotline is available in two hundred different languages. Officials say 602 00:44:27.719 --> 00:44:32.119 it will help the state better prevent hate crimes by improving its database on hate. 603 00:44:32.840 --> 00:44:37.280 Have a great weekend. Thank you for listening to wake Up Call this 604 00:44:37.320 --> 00:44:40.599 morning. Your weather forecast looks beautiful for this weekend, so if you're watching 605 00:44:40.599 --> 00:44:45.159 the Coronation, Granted it'll be wet tonight so you won't see the sunshine and 606 00:44:45.199 --> 00:44:51.280 warmer temperatures, but you can go party and post celebrate tomorrow. Your socwweather 607 00:44:51.360 --> 00:44:53.400 from KFI is partly cloudy today and still pretty cool. We're going to be 608 00:44:53.440 --> 00:44:57.599 right around sixty, but the weekend ties are going to be up in the 609 00:44:57.760 --> 00:45:01.159 seventies. We lead local live from the KFI twenty four hour newsroom. I'm 610 00:45:01.239 --> 00:45:06.280 Jennifer Jones. Lee. This has been your wake up call for a Friday. 611 00:45:06.639 --> 00:45:08.880 You've been listening to your wake up Call with me. Jennifer Jones Lee, 612 00:45:09.000 --> 00:45:13.679 and you can always hear wake Up Call five to six am Monday through 613 00:45:13.719 --> 00:45:19.119 Friday at KFI AM six forty and anytime on demand on the iHeartRadio app