WEBVTT 1 00:00:00.920 --> 00:00:05.480 You're listening to Wake Up Call with Jennifer Jones Lee on demand from K five 2 00:00:05.559 --> 00:00:10.560 a M. Six forty. Good morning everybody, five o'clock Wake Up Call. 3 00:00:10.679 --> 00:00:15.199 My name is Jason Middleton. I am in for Jennifer Jones Lee. 4 00:00:15.599 --> 00:00:24.079 She will be back on Monday. She's enjoying some livestock and other entertainment at 5 00:00:24.079 --> 00:00:28.199 a rodeo in northern California, visiting some family and friends. Hopefully having a 6 00:00:28.239 --> 00:00:38.079 great week. Today is Friday, Yeah, Friday, May nineteenth. I 7 00:00:38.200 --> 00:00:41.920 was looking at some facts this morning. I cover economics in business, and 8 00:00:42.079 --> 00:00:49.880 twenty five percent is how big the share of the global economy the United States 9 00:00:49.880 --> 00:00:54.359 has. The US economy pumps out twenty five percent of the global output, 10 00:00:56.159 --> 00:01:03.719 as four percent of the world's population not entirely responsible with that output. I 11 00:01:03.719 --> 00:01:08.040 think we play our hand in different ways, for sure. Producer and gives 12 00:01:08.079 --> 00:01:15.719 me a trending note every morning, and this one stood out. Sinkhole in 13 00:01:15.799 --> 00:01:19.120 Porter Ranch on the one eighteen is finally fixed. It took a year of 14 00:01:19.319 --> 00:01:25.280 repairs to get that sinkhole fixed. That was kind of a big I mean, 15 00:01:25.640 --> 00:01:27.400 we're gonna get more and more of these. All that snow has to 16 00:01:27.439 --> 00:01:30.200 melt has to go, someplace has to move, some earth underneath it. 17 00:01:33.719 --> 00:01:36.079 But it's Friday, we're gonna get through the headlines. We have a great 18 00:01:36.079 --> 00:01:38.519 show lined up for you today. We have Jim Ryan talking about AI and 19 00:01:38.719 --> 00:01:42.719 climate change and the kind of skills we need into the twenty first century. 20 00:01:42.760 --> 00:01:48.239 We're looking for jobs or careers. We're gonna look at macroeconomics with Caleb Silver 21 00:01:48.920 --> 00:01:52.799 as well. Dean Sharp is back. It's Friday. We're gonna talk closets 22 00:01:52.799 --> 00:01:55.519 with him, and of course we're gonna tee up the weekend entertainment with Jason 23 00:01:55.599 --> 00:02:00.959 Nathanson for some headlines. Ukraine President Zelenski is expected to personally at the G 24 00:02:00.079 --> 00:02:07.239 seven summit Sunday in Japan, asking four weapons and to share his ten point 25 00:02:07.439 --> 00:02:14.240 piece plan. Disney says changing business conditions are forcing it to cancel plans for 26 00:02:14.560 --> 00:02:17.800 a one billion dollar corporate campus in Florida that was going to be the most 27 00:02:17.800 --> 00:02:23.400 of the imagineering department, and they didn't want to go anyway. And with 28 00:02:23.479 --> 00:02:28.400 the political climate in Florida and the business climate, they s decided not to 29 00:02:28.439 --> 00:02:30.840 do it. The new CEO, or the re CEO, Bob Iger, 30 00:02:30.960 --> 00:02:34.639 is not a huge fan of that move. The Lakers fell short against the 31 00:02:34.719 --> 00:02:38.520 Nuggets last night in the Western Conference Finals. Game three is in La tomorrow. 32 00:02:38.639 --> 00:02:40.879 Enough said about that. In just a few minutes, we'll talk with 33 00:02:42.039 --> 00:02:45.080 ABC senior news correspondent Jim Ryan. Jim is one of the best at what 34 00:02:45.159 --> 00:02:47.039 he does for a job, so we're going to talk to him about which 35 00:02:47.159 --> 00:02:51.639 jobs are the best to prep for in the coming years, years that are 36 00:02:51.639 --> 00:02:55.159 going to be disrupted by artificial intelligence and climate change. So we're gonna talk 37 00:02:55.159 --> 00:02:59.680 about skill sets that we need. Let's start with some of the stories coming 38 00:02:59.680 --> 00:03:04.120 out of the KFI twenty four hour newsroom. Some La County Sheriff's deputies could 39 00:03:04.120 --> 00:03:07.520 lose their job if they refuse to be questioned about so called deputy gangs. 40 00:03:08.080 --> 00:03:13.400 The county's inspector general also threatened to decertify the deputies as peace officers that they 41 00:03:13.439 --> 00:03:16.120 do not cooperate. Last week, emails went to thirty five deputies requesting they 42 00:03:16.159 --> 00:03:21.479 submit to an inquiry about their knowledge of the bandidos or executioners and to snitch 43 00:03:21.520 --> 00:03:24.039 about other deputies. The emails weren't made public until this week, and KAFIN 44 00:03:24.120 --> 00:03:28.599 News has seen the email. It also instructs the deputies to provide photos of 45 00:03:28.599 --> 00:03:31.280 any tattoos on their body, especially on their legs. The union representing the 46 00:03:31.319 --> 00:03:36.680 deputies has told their members not to act on the email until consulting them at 47 00:03:36.719 --> 00:03:39.759 Sheriff's headquarters. Steve Gregory k if I News. LA Pride has dropped out 48 00:03:39.759 --> 00:03:45.800 of the tenth annual Dodgers Pride Night celebration over the team uninviting a group called 49 00:03:46.080 --> 00:03:51.439 the Sisters of Perpetual Indulgence. Their invitation was rescinded by the Dodgers this week 50 00:03:51.439 --> 00:03:57.680 because of criticism from Catholic organizations. LA Pride says it's disappointed in the decision. 51 00:03:58.159 --> 00:04:02.560 It says Pride as a fight for equality and inclusion for the entire LGBTQ 52 00:04:02.719 --> 00:04:09.680 plus community. The HP says it wants the public to cool its engines ahead 53 00:04:09.680 --> 00:04:13.719 of the new Fast and Furious movie. HP says it wants the public to 54 00:04:13.800 --> 00:04:17.240 remember that what you see in Hollywood is done by professional stunt drivers. The 55 00:04:17.639 --> 00:04:23.720 HPS Jose Alatorre says it isn't only warning the drivers of street events. Simply 56 00:04:23.839 --> 00:04:28.199 watching a sideshow as a crime, right so as a spectator if you're arrested 57 00:04:28.319 --> 00:04:30.439 or cited you can spend up the ninety days in jail. I have a 58 00:04:30.480 --> 00:04:35.279 five hundred dollars fine. Your car can be impounded, the HP said yesterday. 59 00:04:35.360 --> 00:04:40.399 Street racing is dangerous to not only drivers and spectators, but also to 60 00:04:40.480 --> 00:04:46.079 responding police officers. Chris Adler KFI News on the line with this ABC senior 61 00:04:46.160 --> 00:04:50.160 reporter Jim Ryan. The World Economic Forum has a Jobs of the Future report. 62 00:04:50.240 --> 00:04:54.639 It's going to predict fourteen million jobs are going to ghost in the next 63 00:04:54.680 --> 00:04:58.839 five years. Good morning, Jim. Yeah, Well, the World Economic 64 00:04:58.839 --> 00:05:00.839 Forum asked eight hundred companies around the world, not just here in this country, 65 00:05:00.920 --> 00:05:04.959 Jason, but around the world, and the Forum then came up with 66 00:05:05.000 --> 00:05:10.879 a three hundred page report which looks at various careers, the ones that will 67 00:05:10.959 --> 00:05:14.879 be hot, the skills that are required for those those positions, the ones 68 00:05:14.920 --> 00:05:17.279 that will be in demand between now and twenty twenty seven, which Trilier isn't 69 00:05:17.279 --> 00:05:21.839 that far away. The word that keeps coming up is thinking. Analytical thinking, 70 00:05:21.879 --> 00:05:27.120 critical thinking, creative thinking. Those are the skills that people will need 71 00:05:27.199 --> 00:05:30.480 for these jobs of the future. And so, yeah, if you get 72 00:05:30.480 --> 00:05:33.439 a kid in college or you're looking at transitioning into a different career. You 73 00:05:33.519 --> 00:05:36.800 need to know that it isn't so much what you can do with your hands, 74 00:05:36.800 --> 00:05:40.160 but what you can do with your mind. It's kind of like having 75 00:05:40.160 --> 00:05:43.560 a brand new toolbox and you want to learn how to use it. Because 76 00:05:43.720 --> 00:05:48.519 artificial intelligence is supposed to lift some of the mundane and routine off of jobs 77 00:05:48.920 --> 00:05:53.680 and job expectations and leave us for more creative thinking. That's what it sounds 78 00:05:53.720 --> 00:05:56.759 like to me. What's what's your take, Well, you're right and funny 79 00:05:56.759 --> 00:06:01.000 you should mention that because the top specialty, the top job going forward, 80 00:06:01.040 --> 00:06:05.560 at least for the next few years, will be AI and machine learning specialists, 81 00:06:05.560 --> 00:06:11.600 so people who design and build the artificial intelligence and then teach them to 82 00:06:11.639 --> 00:06:15.439 be more human I suppose, or to act more like a person. Those 83 00:06:15.519 --> 00:06:18.720 jobs will be growing by thirty nine percent in number over the next four years. 84 00:06:18.759 --> 00:06:23.319 So yeah, yeah, to artificial intelligence, it's not just something that's 85 00:06:23.360 --> 00:06:27.519 theoretical, something that pops up now and then. It's an actual career and 86 00:06:27.600 --> 00:06:30.600 a growth career for a lot of people. Jason. And with a lot 87 00:06:30.639 --> 00:06:34.360 of these disruptions that come into the economy, the workflow, our lives, 88 00:06:34.399 --> 00:06:41.959 society, there are their creations. Other jobs and created through this disruption, 89 00:06:42.079 --> 00:06:45.319 right, So are we prepping for those? Sure? Yeah. The second 90 00:06:45.680 --> 00:06:49.639 most in demand job sustainability specialists. So somebody you're talking about the climate change 91 00:06:49.680 --> 00:06:54.480 as a disruptor, certainly that's going to be one that needs to be addressed 92 00:06:54.560 --> 00:06:58.319 for the next four years, next forty years, I suppose, So sustainability 93 00:06:58.319 --> 00:07:03.040 specialists, people who design and build solar panels or wind turbines that sort of 94 00:07:03.040 --> 00:07:08.399 thing, or or are in hydrosciences, those are the jobs that will also 95 00:07:08.480 --> 00:07:12.160 be in demand. So yeah, you're right ed responding to those disruptions or 96 00:07:12.160 --> 00:07:15.639 those unexpected events in the world, you know, Dutch, in our own 97 00:07:15.680 --> 00:07:18.879 lives, but in the world's history. It's something that has to be dealt 98 00:07:18.879 --> 00:07:21.360 with. Jim, you've read this report. You've read over the report. 99 00:07:21.360 --> 00:07:24.480 I've read some of it. I haven't. I've just read the summary. 100 00:07:24.600 --> 00:07:27.720 But it seems like you're talking about hard skills. We are talking about hard 101 00:07:27.720 --> 00:07:31.000 skills right there, and training. Seems like soft skills are becoming up and 102 00:07:31.120 --> 00:07:34.360 up on the list. Empathy and active listing is one of them. And 103 00:07:34.439 --> 00:07:39.000 I just happy to remember from school that Plato said empathy is the highest form 104 00:07:39.040 --> 00:07:42.040 of knowledge, and so it seems like we need to be a little more, 105 00:07:42.160 --> 00:07:45.040 a little softer in our approach as these hard tech comes at us. 106 00:07:45.439 --> 00:07:48.160 Well, Ryan, yeah, and so it's as white collar jobs, you 107 00:07:48.160 --> 00:07:51.680 know, continue to grow. Blue collar jobs are kind of on the wane, 108 00:07:51.800 --> 00:07:56.920 then those those soft skills, the ones that you develop in interactions with 109 00:07:56.959 --> 00:08:01.720 other people in an office or in a sales position or in a laboratory, 110 00:08:01.040 --> 00:08:05.639 those will be important. So it's analytical thinking, it's a creative thinking good. 111 00:08:05.639 --> 00:08:09.600 It's also dealing with other people. It's also being able to be conversant 112 00:08:09.600 --> 00:08:13.240 about the technology we're dealing with. And I know we're talking a lot about 113 00:08:13.240 --> 00:08:16.439 AI right now and artificial intelligence. Climate change is part of this too, 114 00:08:16.639 --> 00:08:20.040 and it's going to come in with different nomenclature and different definitions. So it 115 00:08:20.079 --> 00:08:24.079 seems like literacy is important to bring it to the work. Oh, absolutely, 116 00:08:24.199 --> 00:08:28.680 yeah, literacy, both the traditional sense and literacy in terms of changing 117 00:08:28.720 --> 00:08:33.720 technologies. I'm surprised to see though, that among this top ten listing of 118 00:08:33.720 --> 00:08:37.480 positions or careers that show growth potential over the coming years. Again according to 119 00:08:37.519 --> 00:08:43.080 the World Economic Forum, in ninth place, agricultural equipment operators. So while 120 00:08:43.120 --> 00:08:48.519 folks are sitting around thinking up and dreaming up robots and artificial intelligence. Somebody 121 00:08:48.519 --> 00:08:52.240 has to feed those people, and that's where you get a thirty percent growth 122 00:08:52.320 --> 00:08:56.320 in the number of agricultural equipment operators. So for the next four years, 123 00:08:56.679 --> 00:09:01.639 you said that wouldn't surprised you as a up question, anything else on that 124 00:09:01.679 --> 00:09:05.120 list that kind of stood out for you. You maybe a job listing you 125 00:09:05.120 --> 00:09:07.000 didn't expect to see there, or a skill set that we might want to 126 00:09:07.039 --> 00:09:11.240 be up skilling for or prepping for, well, robotics engineers. I mean, 127 00:09:11.320 --> 00:09:15.080 that's that goes without saying, I think, and it all kind of 128 00:09:15.120 --> 00:09:18.879 goes into this tech field. I think the most surprising was this farm equipment 129 00:09:18.879 --> 00:09:22.519 operators, but the rest of them have things in common, and that is 130 00:09:22.879 --> 00:09:28.159 this this sense of creativity, the sense of analysis and ability to work within 131 00:09:28.279 --> 00:09:33.879 structures. Fintech engineers are another big career growing out there, and so yeah, 132 00:09:33.960 --> 00:09:39.360 it's sort of like building, operating and then dealing with the consequences of 133 00:09:39.399 --> 00:09:43.519 technology because the information security analysts are we going to be in demand. Those 134 00:09:43.519 --> 00:09:48.080 folks who handle cybersecurity questions very cool. ABC's Jim Ryan always a pleasure to 135 00:09:48.080 --> 00:09:50.519 speak with you. I've got you twice this week. I'm the lucky one. 136 00:09:50.559 --> 00:09:54.759 Thanks a lot, thanks Jason. ABC's Jim Ryan. There, let's 137 00:09:54.759 --> 00:09:58.360 get a couple more headlines before we go to the break out of the KFI 138 00:09:58.399 --> 00:10:01.519 twenty four hour news room. A seven point seven magnitude quake has been detected 139 00:10:01.559 --> 00:10:05.879 in the Far Pacific. The US Geological Survey says the quake yesterday was near 140 00:10:05.919 --> 00:10:11.440 the Loyalty Islands that's southwest of Fiji, north of New Zealand, and east 141 00:10:11.519 --> 00:10:16.759 of Australia. A tsunami was forecast for Vandawatu, which saw a small tsunami 142 00:10:16.799 --> 00:10:20.159 with waves two feet above tide level. Smaller waves were forecast for Fiji and 143 00:10:20.279 --> 00:10:24.200 New Zealand. I live in the eastern part of la and I swear during 144 00:10:24.200 --> 00:10:26.759 the second quarter last night of the Lakers game, I felled an earthquake. 145 00:10:26.799 --> 00:10:28.559 I haven't checked this morning, so I'm going to check my quake watch. 146 00:10:28.960 --> 00:10:33.759 The Invisible House has been put up for sale in Joshua Tree. The house 147 00:10:33.840 --> 00:10:37.240 isn't actually invisible, but that's what it's called because it's mirrored, which creates 148 00:10:37.279 --> 00:10:41.120 the illusion. It disappears into the desert landscape from the inside. Those walls 149 00:10:41.159 --> 00:10:46.000 of mirrored glass deliver panoramic views steps away from Joshua Tree National Park. It's 150 00:10:46.000 --> 00:10:50.320 been used as an Airbnb and is now listed as one of Airbnb's most wish 151 00:10:50.360 --> 00:10:54.120 listed homes for twenty twenty three. The fifty five hundred square foot minimal is 152 00:10:54.200 --> 00:10:56.440 home with three bedrooms, four bathrooms, and a one hundred foot indoor pool, 153 00:10:56.559 --> 00:11:01.840 is listed for eighteen million dollars, the most expensive listing ever in Joshua 154 00:11:01.919 --> 00:11:05.480 Tree. Amy King KFI News, the pictures of that house are amazing. 155 00:11:07.480 --> 00:11:13.399 La City Council is officially adopting a thirteen billion dollar budget for the upcoming fiscal 156 00:11:13.559 --> 00:11:18.519 year. The budget is highlighted by an unprecedented one point three billion dollar investment 157 00:11:18.559 --> 00:11:24.039 toward finding homelessness. This is going to be leading bill handle on the news. 158 00:11:24.039 --> 00:11:28.960 In about an hour, a group of drivers for the Orange County Transportation 159 00:11:28.000 --> 00:11:33.840 Authority will end their strike and return to work on Monday. The employees who 160 00:11:33.919 --> 00:11:39.279 drive disabled computers had been on strike since May the third. A motorcycle rider 161 00:11:39.440 --> 00:11:43.679 is behind bars after leading police on a nearly hour long chase through the West 162 00:11:43.799 --> 00:11:48.480 San Fernando Valley. Police say the man was waving a gun from his home 163 00:11:48.559 --> 00:11:54.600 balcony next to Shamanad High School yesterday afternoon, prompting the cancelation of the school's 164 00:11:54.639 --> 00:12:00.039 baseball game. He then took off on his motorcycle and police set up a 165 00:12:00.080 --> 00:12:05.519 perimeter near his home and captured him at five thirty five. Yeah, the 166 00:12:05.559 --> 00:12:09.159 house Whisperer is back. For our Friday Chat, that's Dean Sharpe. This 167 00:12:09.200 --> 00:12:15.480 week's topic is Closets, clutter and concealing our stuff from view. Dean has 168 00:12:15.519 --> 00:12:20.480 some pro tips on not only how and where to closet, but what and 169 00:12:20.519 --> 00:12:24.679 how to toss things out. A couple of quick stories before we get over 170 00:12:24.720 --> 00:12:28.320 to Caleb Silver and talk about the week's economic news. Relatives of the people 171 00:12:28.320 --> 00:12:33.279 in Riverside killed by a cop from Virginia are suing those who initially hired him. 172 00:12:33.679 --> 00:12:37.279 Austin Lee Edwards posed as a seventeen year old when he catfished a fifteen 173 00:12:37.360 --> 00:12:41.559 year old girl online. He was actually a twenty eight year old deputy in 174 00:12:41.639 --> 00:12:45.720 Virginia. In November of last year. Police say Edwards drove from Virginia to 175 00:12:45.799 --> 00:12:48.639 Riverside and kidnapped the girl, then killed her mother and grandparents before setting their 176 00:12:48.639 --> 00:12:52.240 home on fire. Later that day, Edwards killed himself. The Virginia State 177 00:12:52.240 --> 00:12:56.679 Police hired Edwards and admitted they did not properly investigate him during the hiring process, 178 00:12:58.000 --> 00:13:03.679 especially with his unstable mental health history. Steve Gregory Caofine Knows Knotsberry Farm 179 00:13:03.799 --> 00:13:07.080 is updating its Fiesta Village. That part of the park is getting new rides, 180 00:13:07.159 --> 00:13:11.360 food stations, and entertainment this month. It'll also have a more defined 181 00:13:11.480 --> 00:13:18.759 Mexican theme, including mariachi's and folklorico dancers. The parks Montezuma's Revenge Ride, 182 00:13:18.080 --> 00:13:24.440 which has been around since nineteen seventy eight, will become Montezuma the Forbidden Fortress. 183 00:13:24.399 --> 00:13:28.639 Park officials say riders will have to wait a little longer for that unveiling. 184 00:13:30.519 --> 00:13:33.559 Police in Palm Springs say they've seen a rise in pool, pump and 185 00:13:33.720 --> 00:13:39.039 heater thefts. They say they're looking for two men accused of stealing pool equipment 186 00:13:39.039 --> 00:13:43.919 earlier this month. Officials recommend owners install anti theft cages, surveillance cameras, 187 00:13:43.919 --> 00:13:50.879 and GPS tracking devices to protect their property. Just doing some initial research on 188 00:13:50.960 --> 00:13:54.639 these items, they are not cheap by any stretch. The first of its 189 00:13:54.720 --> 00:14:01.039 kind, vertical farm has planted roots in Compton to produce three in fifty times 190 00:14:01.120 --> 00:14:05.279 more leafy greens per acre than a traditional farm. It's like taking the field 191 00:14:05.480 --> 00:14:09.480 and folding it up many many times and swishing it into a room. Plenty 192 00:14:09.519 --> 00:14:11.799 co founder Nate Story says the farm uses five percent of the water of a 193 00:14:11.840 --> 00:14:16.200 normal farm planting them in trays for transplanting them with robots. Plenty ceo ar 194 00:14:16.360 --> 00:14:22.039 Mkukatai says the farm produces four point five million pounds of leafy greens each year, 195 00:14:22.120 --> 00:14:24.919 going from like a little transplant unto a full hit of lettuce and five 196 00:14:26.000 --> 00:14:30.120 to seven dice twenty five times fossil that outside Compton Mayor and Msterif says, 197 00:14:30.159 --> 00:14:33.639 best of all the people, that's hard now comes from them at Plenty Compton 198 00:14:33.720 --> 00:14:39.240 Farm. Corbin Carson ko Fine News, welcome back to your wake up call. 199 00:14:39.320 --> 00:14:41.840 Right now. Let's welcome Caleb Silver. He's on the live line, 200 00:14:43.080 --> 00:14:48.080 ABC News contributor, editor in chief at investopedia dot com. Okay, Caleb, 201 00:14:48.120 --> 00:14:52.200 welcome back. Good always have you well, always good, always good 202 00:14:52.200 --> 00:14:54.120 to have you. I guess I should. We're getting macroeconomic with Caleb right 203 00:14:54.159 --> 00:14:56.879 now. Okay. We had some headline numbers this week, Unemployment, some 204 00:14:56.919 --> 00:15:01.000 sticky inflation. Let's start with how though, what are you seeing on the 205 00:15:01.000 --> 00:15:05.919 housing price front? A continued decline in housing prices. We have the biggest 206 00:15:05.000 --> 00:15:09.000 year over year price decline since January of twenty twelve. When you look at 207 00:15:09.000 --> 00:15:13.399 the month of April, medium prices down down six percent across the country to 208 00:15:13.519 --> 00:15:16.840 around three hundred and eighty eight thousand dollars in your area, of course, 209 00:15:16.960 --> 00:15:20.600 a lot more expensive one point one million for the median home price in Los 210 00:15:20.639 --> 00:15:24.000 Angeles. That's one of the few counties in the few areas where we've seen 211 00:15:24.039 --> 00:15:26.840 housing prices increase. That's always the case. In year zone, they're up 212 00:15:26.840 --> 00:15:30.240 to ten point six percent year of here. But across the country you've seen 213 00:15:30.279 --> 00:15:33.919 these rising mortgage rates really create demand destruction. We've had thirteen or fourteen months 214 00:15:35.039 --> 00:15:37.799 with lower housing prices, lower sales, and lower building permits. So you've 215 00:15:37.799 --> 00:15:41.559 seen the effects of the FEDS interest rate heights right in the middle of the 216 00:15:41.559 --> 00:15:43.559 housing market. Okay, you mentioned demand destruction right there. Are we getting 217 00:15:43.559 --> 00:15:50.960 closer to equilibrium with supply and demand with housing? Not really, because think 218 00:15:50.000 --> 00:15:54.399 about the homeowners that are holding onto their homes at very low interest rates, 219 00:15:54.399 --> 00:15:56.480 they're not incentivized to sell right now because they're going to have to go out 220 00:15:56.480 --> 00:15:58.960 and get a new mortgage at these six six and a half percent rate. 221 00:16:00.279 --> 00:16:03.200 So if you're locked into a mortgage at a very low rate and you own 222 00:16:03.200 --> 00:16:04.840 your home, you have equity, you don't really feel like selling right now 223 00:16:04.840 --> 00:16:08.720 to go out in there and look, because supply is super tight and prices, 224 00:16:08.799 --> 00:16:11.320 especially in your area, are very high still, So it's not a 225 00:16:11.360 --> 00:16:15.200 great move to sell if you don't have to. Yeah, that's a good 226 00:16:15.200 --> 00:16:17.679 point. Let's stay with real estate, and I'd like to move to commercial 227 00:16:17.720 --> 00:16:19.200 real estate real quick. I don't think it was on our tip sheet, 228 00:16:19.240 --> 00:16:25.480 but it's globally speaking, by most measurements, it's the largest single asset class, 229 00:16:25.519 --> 00:16:29.159 and it's in kind of its own mini recession within the category. Is 230 00:16:29.159 --> 00:16:33.759 that enough to tip us into a recession later this year as far as American 231 00:16:33.799 --> 00:16:37.200 recessions go? Or are we still looking at a possible soft landing? Yeah? 232 00:16:37.320 --> 00:16:41.960 Potentially. Remember there's a ton of commercial real estate that's still vacant, 233 00:16:41.960 --> 00:16:44.799 that's been vacant since the pandemic. A lot of it hasn't really come back 234 00:16:44.840 --> 00:16:48.120 at all. But think about the loans that underwrite a lot of that commercial 235 00:16:48.159 --> 00:16:51.120 real estate. We talked about the banking issues, the problems the banks were 236 00:16:51.159 --> 00:16:52.799 having because they own a lot of treasury bonds. Well, now they also 237 00:16:52.840 --> 00:16:56.799 own a lot of loans against commercial real estate, so that could impact liquidity 238 00:16:57.039 --> 00:17:00.480 and that could reduce lending among banks. Another thing that could push us into 239 00:17:00.480 --> 00:17:03.880 a recession. But the key thing to watch is consumer spending. If we 240 00:17:03.920 --> 00:17:07.240 stopped spending as consumers, we pull way back. Because we're worried about a 241 00:17:07.240 --> 00:17:11.640 recession that could tip the economy into a recession that could last for quite a 242 00:17:11.640 --> 00:17:14.599 while. On we have twenty seconds with you. What about the unemployment rate 243 00:17:14.640 --> 00:17:19.000 this week? Yeah, we're seeing We're continue to see mounting weekly jobless claims. 244 00:17:19.000 --> 00:17:22.039 This week was a little bit softer than the past few weeks. The 245 00:17:22.079 --> 00:17:25.039 trend has been higher. But we still have a lot of jobs available in 246 00:17:25.079 --> 00:17:29.160 America about one point six for every available worker out there, so there's still 247 00:17:29.160 --> 00:17:32.839 plenty of jobs. They're just in key sectors. But you're seeing mounting layoffs 248 00:17:32.880 --> 00:17:36.160 in tech, mounting layoffs in media, and mounting layouts in retail. So 249 00:17:36.200 --> 00:17:37.599 you want to keep our eyes on those that feed would like to see that 250 00:17:37.680 --> 00:17:41.160 unemployment rate up above four percent. We're down at three point five percent right 251 00:17:41.160 --> 00:17:45.599 now. So Caleb, thanks a lot for the flyover. Macroeconomically speaking, 252 00:17:47.359 --> 00:17:51.559 Thank you. That's Caleb Silver. He's ABC News contributor and editor in chief 253 00:17:51.599 --> 00:17:53.640 at Investopedia. Let's get back to some of the stories coming out of the 254 00:17:53.680 --> 00:17:59.759 KFI twenty four our newsroom. An artificial intelligence lab in San Francisco has announced 255 00:17:59.759 --> 00:18:03.759 a new version of chat GPT for the iPhone. Developers say it will allow 256 00:18:03.880 --> 00:18:10.519 users to get instant answers without ads or sifting through results, tailored advice and 257 00:18:10.720 --> 00:18:15.319 professional input like feedback on ideas maybecs. Andrea Fujii says the open AI Chat 258 00:18:15.319 --> 00:18:21.079 Bought app is part of an effort to transform research into tools that empower people. 259 00:18:21.119 --> 00:18:25.640 The app is free for iPhone users, developers say will be available to 260 00:18:25.680 --> 00:18:30.920 Android users very soon. Huntington Beach is planning to crack down on its public 261 00:18:30.000 --> 00:18:36.119 nudity policy. No ifs ands or but so much of this is just common 262 00:18:36.119 --> 00:18:38.640 sense. The settlement will come. So much of this is just common sense. 263 00:18:38.720 --> 00:18:42.440 Hunting to Beat spokeswoman Jennifer Cary says the city has not received any complaints 264 00:18:42.519 --> 00:18:48.480 to prompt changing the existing ordinance. What we are proposing adding is public facilities 265 00:18:48.519 --> 00:18:55.799 such as community centers and libraries, and certain restrictions to other body parts that 266 00:18:55.880 --> 00:18:59.839 weren't currently included, which some call the plumber's crack. Finds rains from one 267 00:19:00.000 --> 00:19:03.559 twenty five to six hundred dollars and a potential misdemeanor for those who continue to 268 00:19:03.640 --> 00:19:06.920 let it all hang out. Breastfeeding is exempted. A vote is planned for 269 00:19:06.960 --> 00:19:11.240 next month in Orange County, Corbin Carson, k if I News Hunday and 270 00:19:11.400 --> 00:19:15.440 Kia have settled a class action lawsuit with customers over the thefts of their vehicles. 271 00:19:15.640 --> 00:19:21.160 The settlement will cover some nine million Hunday and Kia vehicles made between two 272 00:19:21.440 --> 00:19:26.440 eleven and twenty twenty two that lack anti theft controls. ABC's Michelle Franzen says 273 00:19:26.519 --> 00:19:33.480 videos on social media called the Kia Challenge showed people exactly how to use everyday 274 00:19:33.480 --> 00:19:37.519 tools to start the cars and drive away. The automakers agreed to reimburse customers 275 00:19:37.519 --> 00:19:42.920 who had their cars stolen and covered damages not paid by insurance. Unday and 276 00:19:44.000 --> 00:19:48.839 Kia also agreed to pay for anti theft devices like steering wheel locks, alarm 277 00:19:48.920 --> 00:19:52.319 kits, and software. Upgrades. Seven people have been killed in a multi 278 00:19:52.319 --> 00:19:56.519 car crash on the I five in Oregon. Police say others were hurt. 279 00:19:56.920 --> 00:20:00.839 Oregon State Police say two semi trucks and a passenger van were involved in the 280 00:20:00.839 --> 00:20:04.599 crash last night. A witness says the van was crushed between the trucks. 281 00:20:04.880 --> 00:20:11.680 The cause of the crash is under investigation. The man accused of fatally stabbing 282 00:20:11.759 --> 00:20:15.759 Cash App founder Bob Lee in San Francisco has pleaded not guilty to murder. 283 00:20:17.039 --> 00:20:22.200 The judge yesterday ruled Nima Momeni will remain in custody. We are very pleased 284 00:20:22.240 --> 00:20:25.920 with that, as we did, of course, have a significant public safety 285 00:20:25.920 --> 00:20:30.759 concern regarding the possibility of him being released. DA Brooke Jenkins says Momeni is 286 00:20:30.799 --> 00:20:34.720 a flight risk, but many is accused of fatally stabbing Lee last month after 287 00:20:34.759 --> 00:20:41.440 an argument about Momeni's sister. He's facing twenty six years to life in prison. 288 00:20:41.160 --> 00:20:47.200 Twelve countries are facing financial collapse from being in debt to China. The 289 00:20:47.319 --> 00:20:52.759 list of countries most in debt includes Pakistan, Kenya, Zambia, and Mongolia. 290 00:20:52.960 --> 00:20:56.759 The countries collectively owe hundreds of billions of dollars to the world's largest government 291 00:20:56.839 --> 00:21:02.720 lender. The Associated Press says the debt payments are larger than tax revenue needed 292 00:21:02.759 --> 00:21:07.119 to provide basic services. The countries are draining foreign currency reserves to pay the 293 00:21:07.200 --> 00:21:11.799 loans, and some will run out of money within months. The Republican House 294 00:21:11.880 --> 00:21:15.680 Freedom Caucus here in the United States is calling for it no further discussion on 295 00:21:15.720 --> 00:21:22.480 the debt ceiling until the Senate approves a GOP bill that ties any increase to 296 00:21:22.920 --> 00:21:27.319 spending cuts. Democratic Senate Majority Leader Chuck Schumer, he says the GOP bill 297 00:21:27.480 --> 00:21:33.720 is dead on arrival. Republican House Speaker Kevin McCarthy told reporters yesterday that he 298 00:21:33.759 --> 00:21:37.000 sees a path forward toward a deal as negotiators from his staff and from the 299 00:21:37.039 --> 00:21:41.160 White House continue to hold meetings today. Congress needs to raise the limit as 300 00:21:41.160 --> 00:21:45.920 soon as June first to avoid a potential default. Right now, on wake 301 00:21:47.000 --> 00:21:49.920 up call, it's Dean sharp kopis in your house, whisperer. Welcome back, 302 00:21:49.960 --> 00:21:52.799 Dean. Good to hear you and see you on the radio. Doctor 303 00:21:52.839 --> 00:22:00.880 Middleton, how are you doing these segments? Did I hear you quote Plato 304 00:22:00.000 --> 00:22:03.680 earlier today? You did? Yeah? Thank you, Thank you for listening. 305 00:22:03.720 --> 00:22:06.799 By the way, I hope you have a meter at home. Yes, 306 00:22:06.839 --> 00:22:08.400 I did, because it just kind of came up. We're talking about 307 00:22:08.400 --> 00:22:11.480 AI skill sets and stuff like that, and empathy came up, and it 308 00:22:11.559 --> 00:22:15.400 just reminded me of something Plato's wrote about it. I love that quote. 309 00:22:15.440 --> 00:22:18.440 I love it. I love that you pulled it out. Look, these 310 00:22:18.440 --> 00:22:19.960 segments fly by, so I want to get into it with you. The 311 00:22:21.000 --> 00:22:25.880 topic this week is closets. So closets are physical, but they do have 312 00:22:25.920 --> 00:22:27.640 an emotional and mental rep to them. So where do you want to start 313 00:22:27.640 --> 00:22:30.200 with? You want to start with clutter? And do you want to start 314 00:22:30.200 --> 00:22:33.400 with just closets overall? You know, I mean we should always start with 315 00:22:33.440 --> 00:22:38.359 clutter, because clutter is the problem when it comes to closets. It's the 316 00:22:38.480 --> 00:22:44.000 thing that if you skip over it, you're gonna endlessly find yourself trying to, 317 00:22:44.319 --> 00:22:45.599 you know, saying what everybody says, which is I don't have enough 318 00:22:45.599 --> 00:22:52.480 closet space in my house, which is only true of just a few houses 319 00:22:52.480 --> 00:22:53.839 out there. In fact, I would say in Los Angeles, the older 320 00:22:53.880 --> 00:22:59.079 the house that you have, likely the less closet space you have. Houses 321 00:22:59.079 --> 00:23:02.240 that were built in the night twenties, in the nineteen thirties kind of pre 322 00:23:02.319 --> 00:23:07.759 World War Two. Admittedly, by twenty first century standards have very very little 323 00:23:07.119 --> 00:23:11.640 closet space. And that's because people before World War Two had very very little 324 00:23:11.680 --> 00:23:15.559 stuff compared to what we've got today. And that really is the issue. 325 00:23:15.960 --> 00:23:19.599 We have so much stuff. And I don't care what your income level is. 326 00:23:21.400 --> 00:23:26.720 If you live in southern California and you're not homeless, then likely you 327 00:23:26.799 --> 00:23:30.680 experience the same thing that the rest of us experience, which is you just 328 00:23:30.720 --> 00:23:33.759 go out into the world and you come back home and stuff is attached to 329 00:23:33.759 --> 00:23:37.240 you. I mean, you just bring home stuff. We all have too 330 00:23:37.319 --> 00:23:44.680 much stuff. And I don't have any issue with long term storage of stuff. 331 00:23:44.920 --> 00:23:47.839 You know, some people have definitely a problem with that, and we're 332 00:23:47.839 --> 00:23:51.000 going to get into that this weekend some see if we can help. My 333 00:23:51.119 --> 00:23:56.599 issue is this, when it comes to your home, inside your house closets, 334 00:23:56.799 --> 00:24:00.039 and here's the life changing advice I'm going to hand you this morning to 335 00:24:00.200 --> 00:24:06.200 redefine what a closet is. A closet, if it's being used appropriately in 336 00:24:06.240 --> 00:24:11.759 your home, is not not a long term storage area. A closet, 337 00:24:11.839 --> 00:24:21.440 when done properly, is a temporary staging area for frequently accessed items. There 338 00:24:21.480 --> 00:24:26.359 you go. That is a that's a very good rejiggering of the dynamic. 339 00:24:26.400 --> 00:24:30.640 When it comes to thinking about closets, I mean, okay, the pantry 340 00:24:30.759 --> 00:24:33.279 is different, right, a larger We talked about largers a couple of weeks 341 00:24:33.279 --> 00:24:34.839 ago, I think, and that's a different thing. But okay, so 342 00:24:34.920 --> 00:24:37.920 closets in my bedroom, walk ins and things like that, that needs to 343 00:24:37.920 --> 00:24:41.039 be stuff that I'm going to be using on the rag. It really does. 344 00:24:41.119 --> 00:24:45.160 I mean, it really should be, because otherwise you're wasting space inside 345 00:24:45.200 --> 00:24:48.400 your house. It's that useful area. It's that staging area for stuff that 346 00:24:48.480 --> 00:24:52.400 you're onto a lot. And that's why a lot of people should go through 347 00:24:52.440 --> 00:24:55.920 their closets and you know, do the various tests, right say, you 348 00:24:55.960 --> 00:25:00.079 know, I am I wearily wearing these clothes? Should I hang on to 349 00:25:00.160 --> 00:25:04.319 the what if? Clothes inside my closet? And one of the piece of 350 00:25:04.319 --> 00:25:08.559 advice I always give about closets is finish that sentence. Finish the what if 351 00:25:08.640 --> 00:25:12.279 sentence. Don't just stop at whoa whoa what if? No? No, 352 00:25:12.279 --> 00:25:15.240 no, finish that out. Well, what if there is a blizzard here 353 00:25:15.319 --> 00:25:21.279 in La Okay, all right right, finish it out, let yourself hear 354 00:25:21.359 --> 00:25:25.359 what you're saying, and then either go put that thing out in the garage 355 00:25:25.599 --> 00:25:29.000 or donate it to goodwill. Some of the things you have cleared out, 356 00:25:29.039 --> 00:25:30.599 some of the things you have can find an aftermarket use, right, Like 357 00:25:30.640 --> 00:25:33.640 I have, I have built inns. I have nieces in their mid teens, 358 00:25:33.680 --> 00:25:36.920 and so some of the older clothes I have in my closets are like 359 00:25:36.960 --> 00:25:38.680 this is cool again. I'm like, okay, well there you go have 360 00:25:38.799 --> 00:25:41.119 it. Well, oh my gosh, yeah. Yeah. If we were 361 00:25:41.160 --> 00:25:45.519 to transform ourselves into kind of a you know, see ourselves not just as 362 00:25:45.559 --> 00:25:48.559 people who need to cling on to things. And I get that, by 363 00:25:48.599 --> 00:25:49.880 the way, that's built into our DNA, you know, I mean, 364 00:25:51.000 --> 00:25:56.480 our hunter gatherer ancestors survived on hanging onto things. But it's just the fact 365 00:25:56.519 --> 00:25:59.400 that you know, we're not hanging onto life essential. So if we were 366 00:25:59.519 --> 00:26:03.759 to transition ourselves as to into you know, a giving culture, a donating 367 00:26:03.839 --> 00:26:07.920 culture, then things would be a lot easier. At home. We've trimmed 368 00:26:07.920 --> 00:26:12.160 down our material load, we still need some closets, right, Let's say 369 00:26:12.160 --> 00:26:17.519 we do need some extra storage. We've we've delineated, we prioritized what are 370 00:26:17.519 --> 00:26:22.599 the next steps now? Now, the next step is taking a stock of 371 00:26:22.640 --> 00:26:27.119 the size of your home and figuring out, Okay, what's the closet that 372 00:26:27.359 --> 00:26:32.839 is best for me, and understanding this. Yeah, yeah, everybody wants 373 00:26:32.839 --> 00:26:36.839 the big walking closet. And if you've got a big enough home to accommodate 374 00:26:36.839 --> 00:26:38.880 a walk in closet, I mean a real walking closet, hey, go 375 00:26:38.960 --> 00:26:44.200 for it. It's a luxury, it's lovely, it's it's fun. The 376 00:26:44.240 --> 00:26:49.319 problem is that everybody so wants a walking closet, and a walking closet just 377 00:26:49.359 --> 00:26:52.359 like a walk in pantry, just like the larder that we were talking about. 378 00:26:55.119 --> 00:27:00.599 The least efficient use of space because the majority of the square foe inside 379 00:27:00.599 --> 00:27:03.960 a walk in closet has nothing to do with its storage capacity, has to 380 00:27:04.000 --> 00:27:07.160 do with the fact that your body is going to be inside the closet. 381 00:27:07.200 --> 00:27:11.119 Okay, that's the majority of the square footage is the walk in part. 382 00:27:11.799 --> 00:27:17.359 And so the most efficient kind of closet is what everybody knows as the reach 383 00:27:17.440 --> 00:27:21.359 in closets, only twenty four inches deep. It's got doors across the front, 384 00:27:21.400 --> 00:27:26.200 whether they're sliders or bifolds or trifolds. Or whatever, and it's the 385 00:27:26.240 --> 00:27:33.400 closet that only holds the clothes and not you. And so to maximize the 386 00:27:33.519 --> 00:27:37.400 design, if you're remodeling your house and you've already if you are already square 387 00:27:37.400 --> 00:27:41.319 foot challenged, then you know what, let go of the walk in idea 388 00:27:41.319 --> 00:27:48.200 and give yourself the kind of closet space that your house can accommodate. Okay, 389 00:27:48.400 --> 00:27:52.640 maximize efficiency and utility within the closet. I am a little jealous of 390 00:27:52.720 --> 00:27:55.960 something you have on the prep sheet here, and that's the top hanging Can 391 00:27:56.000 --> 00:27:59.240 you describe what that is? That system? Yeah, you shouldn't be jealous 392 00:27:59.240 --> 00:28:02.400 of that at all, because it's actually one of the more economical ways to 393 00:28:02.440 --> 00:28:07.039 build a clout, my personal favorite, and regardless again of the economic level 394 00:28:07.079 --> 00:28:12.559 of the house. A top hanging closet system is what we call a modular 395 00:28:12.680 --> 00:28:18.279 closet system. Imagine just a closet space empty. And now what we're gonna 396 00:28:18.319 --> 00:28:22.000 do is we're gonna take this metal bracket. It's got a hook on the 397 00:28:22.039 --> 00:28:26.559 bottom of it, a long running standing seam hook, and we're gonna mount 398 00:28:26.599 --> 00:28:30.519 that metal bracket all the way up at the top right at the ceiling line. 399 00:28:30.920 --> 00:28:34.960 By doing that you know what's also up there right at the ceiling line, 400 00:28:36.000 --> 00:28:38.440 right behind the drywall, the top plate of the wall. In other 401 00:28:38.440 --> 00:28:42.119 words, continuous wood. It means that when we put a screw in that 402 00:28:42.720 --> 00:28:48.319 top plate, every fourteen inches or so, we hit wood every time. 403 00:28:48.680 --> 00:28:55.119 That makes that top hanging bracket incredibly strong. I mean literally can hold a 404 00:28:55.279 --> 00:28:59.839 ton. And then off of that top bracket, these stanchions come down that 405 00:29:00.079 --> 00:29:03.200 hook into it and they just free hang. And it's the stanchions that hold 406 00:29:03.279 --> 00:29:11.599 everything from brackets for shelves, brackets for poles for hanging clothes, shoe shelves, 407 00:29:12.200 --> 00:29:17.319 drawers, everything imaginable now. Quite a few years ago, when these 408 00:29:17.319 --> 00:29:19.440 first came out, I was an early adopter. We had to kind of 409 00:29:19.480 --> 00:29:25.519 work with the wire the you know, the the rubber covered wire stuff, 410 00:29:25.519 --> 00:29:30.680 because Rubber makes these. Kitchen Maide makes these. But nowadays you can go 411 00:29:30.720 --> 00:29:37.160 down to the container store and take a look at the Alpha system ELFA and 412 00:29:37.279 --> 00:29:44.119 you will find the evolution of these systems. They're sexy. Uh. They 413 00:29:44.160 --> 00:29:48.279 can install d Y in less than a day. I mean really, you 414 00:29:48.319 --> 00:29:52.960 can install these no matter what your level of competency. And the nice thing 415 00:29:52.119 --> 00:29:59.119 is they can also so easily modulate and adjust, meaning that you know your 416 00:29:59.200 --> 00:30:03.559 home evolved, your closet should evolve with you. So you can go two 417 00:30:03.640 --> 00:30:06.359 years down the road and say, you know what we really need double hanging 418 00:30:06.400 --> 00:30:10.920 here, and you know, just for a few more bucks, one more 419 00:30:10.960 --> 00:30:15.119 bracket or two, you can get in there and change it up and give 420 00:30:15.119 --> 00:30:19.200 yourself whatever else or whatever new that you need outstanding stuff. Look forward to 421 00:30:19.279 --> 00:30:22.079 this weekend show, Dean Will you're going to dive deeper into this, I 422 00:30:22.079 --> 00:30:26.319 assume over the week. Absolutely, we're talking closets and laundry rooms this weekend. 423 00:30:26.359 --> 00:30:30.440 These back behind the scene rooms that make a house work. Must listen 424 00:30:30.519 --> 00:30:33.759 radio. Thanks a lot for your time this morning, Dean. I'll be 425 00:30:33.799 --> 00:30:37.960 tuning in Saturday. Thank you. Jason. That's kfi's house wish. We're 426 00:30:37.000 --> 00:30:41.279 Dean sharp Man. That guys man learned so much every week. The House 427 00:30:41.319 --> 00:30:47.000 Freedom Caucus is calling for no further discussion on raising the federal debt ceiling until 428 00:30:47.039 --> 00:30:52.119 the Senate approves a bill passed by Republicans that ties any increase to spending cuts. 429 00:30:52.400 --> 00:30:57.599 Senate Majority Leader Chuck Schumer calls the bill d o A. Texas has 430 00:30:57.599 --> 00:31:03.599 found a new destination for illegal immigrants who have been processed and released by the 431 00:31:03.680 --> 00:31:08.599 Border Patrol. Yesterday, a busload of asylum seekers was dropped off in Denver. 432 00:31:10.279 --> 00:31:14.079 The Mile High City now joins Washington, d C, New York, 433 00:31:14.319 --> 00:31:21.039 Chicago, and Philadelphia as Texas migrant drop off points. Space X is launching 434 00:31:21.039 --> 00:31:25.880 more satellites into orbit. A Falcon nine rocket blasted off from Cape Canaveral around 435 00:31:25.960 --> 00:31:32.000 eleven twenty hour time last night. The rocket was carrying twenty two second generation 436 00:31:32.160 --> 00:31:37.079 Starlink satellites into low Earth orbit five fifty one and a half. On your 437 00:31:37.079 --> 00:31:44.559 wake up Call, ABC entertainment reporter Racontour cultural expert Jason Nathanson is with us 438 00:31:44.559 --> 00:31:47.400 to tee up our options for the weekend. Good morning, Jason, Hey, 439 00:31:47.440 --> 00:31:49.599 good morning, Fast and Furious ten filmed in Rome. Okay, we 440 00:31:49.640 --> 00:31:52.359 talked about this briefly last week. Did it pass up a chance for a 441 00:31:52.400 --> 00:31:56.400 mashup with that Jane Fonda film in Rome? Or can it stand on its 442 00:31:56.440 --> 00:31:59.920 own? Well, there's gonna be an eleventh and a twelfth film coming, 443 00:32:00.119 --> 00:32:04.960 so it's possible that we could see some kind of mashup coming in the future, 444 00:32:05.000 --> 00:32:07.839 although it didn't happen in this one. So if you were hoping to 445 00:32:07.839 --> 00:32:14.680 see Jane Fonda and Mary Stein virgin and Kandice Bergen and Diane Keaton show up 446 00:32:14.720 --> 00:32:17.240 in this Fast ten film, that's not going to happen. So sorry, 447 00:32:17.319 --> 00:32:20.680 we all were we all were looking forward to. Okay, so it can 448 00:32:20.799 --> 00:32:22.839 stand on its own. Is it fast? Is it furious? Uh? 449 00:32:23.119 --> 00:32:28.359 Sure? It is the tenth film in the franchise. After you know, 450 00:32:29.440 --> 00:32:32.200 I feel like we've seen them do everything that the last movie they went to 451 00:32:32.240 --> 00:32:35.839 space in a car. I mean, I don't know, really know how 452 00:32:35.880 --> 00:32:39.480 you top that? They try here by you know, they're blowing up Rome, 453 00:32:39.680 --> 00:32:44.519 They're back in Brazil. They're all over the place doing all the things 454 00:32:44.559 --> 00:32:47.599 that they you know, they are known to do with cars and things like 455 00:32:47.680 --> 00:32:52.160 that. You have Vin Diesel, Michelle Rodriguez, Charlie's Tharren all back, 456 00:32:52.599 --> 00:32:58.480 Jason Momoa. He joins the franchise as the new bad guy. Easily my 457 00:32:58.519 --> 00:33:00.519 favorite part of the film. He's having a lot of fun, while on 458 00:33:00.559 --> 00:33:04.759 the other hand, you have Vin Diesel, who just takes things way too 459 00:33:04.799 --> 00:33:08.359 seriously. He's not having any fun at all. Bree Larson also joins as 460 00:33:08.400 --> 00:33:13.480 a new special agent. She's just kind of on the edge of being interesting. 461 00:33:13.559 --> 00:33:17.000 She's almost there. They just don't give her quite enough to do the 462 00:33:17.000 --> 00:33:22.079 film itself. As we've come to expect from these movies, it's wildly silly. 463 00:33:22.839 --> 00:33:27.319 There are huge plot holes that doesn't seem to matter. It's all about 464 00:33:27.400 --> 00:33:30.640 kind of having fun and blowing stuff up, and they do that. You 465 00:33:30.680 --> 00:33:32.200 know, if you go and see this on a Friday night in a packed 466 00:33:32.279 --> 00:33:36.640 theater, I think you're gonna have fun. The audience is gonna, you 467 00:33:36.640 --> 00:33:40.079 know, go crazy and laugh at things that are just really stupid that happened. 468 00:33:40.920 --> 00:33:45.759 If you saw this on a Wednesday afternoon by yourself, I think you 469 00:33:45.759 --> 00:33:50.799 would be less. You would enjoy it a lot less. I'm gonna come 470 00:33:50.839 --> 00:33:54.160 back to that seeing stuff by yourself into just a second, real quick though, 471 00:33:54.519 --> 00:33:57.839 Jason, how would you categorize films like this? Is this just? 472 00:33:58.119 --> 00:34:00.640 Is this popcorn theater? Is exploit Asian films that kind of thing. Yeah, 473 00:34:00.720 --> 00:34:05.599 it's It's just it's popcorn action movie. And you know, I think 474 00:34:05.640 --> 00:34:10.559 at this point nobody's going into this expecting an Oscar Worthy uh plot or performance 475 00:34:10.679 --> 00:34:15.280 or you know, screenwriting or anything like that. Um, So, as 476 00:34:15.320 --> 00:34:17.679 long as you keep your expectations in check. I think there's enough here to 477 00:34:17.679 --> 00:34:21.800 actually have fun with. Um. You know, I saw it in the 478 00:34:21.800 --> 00:34:27.639 theater packed full of people, and people were were you know, screaming when 479 00:34:27.679 --> 00:34:32.079 it was appropriate and you know, and also just laughing at the sheer stupidity 480 00:34:32.119 --> 00:34:36.159 of some of it, which is fine, that's fun as well, right, 481 00:34:36.400 --> 00:34:38.119 Um. And so I think again, you can have a good time 482 00:34:38.159 --> 00:34:42.280 here if you're going to throw a production value against stupidity and have it a 483 00:34:42.519 --> 00:34:44.800 scene by scene. Yeah, okay, I can I can follow that, 484 00:34:45.039 --> 00:34:47.000 Yeah, sure absolutely. Um. You know, there's just it comes to 485 00:34:47.039 --> 00:34:52.079 a point though, where things get so silly that it actually it works against 486 00:34:52.159 --> 00:34:57.320 it. There's there's a whole thing here where Vin Diesel's kid is kidnapped and 487 00:34:57.440 --> 00:35:01.159 they're trying to get him back, and he's in of the cars and he's 488 00:35:01.280 --> 00:35:06.519 actually firing the rockets that are blowing up the cars behind him. And when 489 00:35:06.519 --> 00:35:08.920 you stop down, like it's kind of a cool action sequence, but when 490 00:35:08.920 --> 00:35:13.719 you stopped down and think about it, this kid is actively killing people in 491 00:35:13.760 --> 00:35:16.679 the cars behind him. Yeah, and he's very young, and that kind 492 00:35:16.719 --> 00:35:21.480 of didn't sit well with me that when you really think about it, it 493 00:35:22.239 --> 00:35:27.519 just doesn't feel right, but you know again, it's it's the sheer silliness 494 00:35:27.880 --> 00:35:31.119 of the of the franchise that people have come to love and expect. I 495 00:35:31.159 --> 00:35:35.840 think back to Bend so I think he saves his pathos for the grout character 496 00:35:35.960 --> 00:35:39.639 and guardians. If we stay home and stream, Apple Plus and Hulu both 497 00:35:39.679 --> 00:35:43.519 have headlines, which one do you want to start with? We could start 498 00:35:43.519 --> 00:35:45.760 with Apple TV Plus because that's the one I've seen. I haven't seen White 499 00:35:45.760 --> 00:35:49.639 Man Can't Jump, which is on Hulu. But High Desert, which is 500 00:35:50.039 --> 00:35:54.119 a new series on Apple TV Plus starring Patricia Kett as a recovering addict too 501 00:35:54.679 --> 00:36:00.280 somehow kind of improbably she just forces her way into becoming a private investor getter 502 00:36:00.639 --> 00:36:04.199 u which she has this knack. Her character has this knack for figuring things 503 00:36:04.239 --> 00:36:07.840 out, and she's pretty funny in this alongside Brad Garrett. The two of 504 00:36:07.880 --> 00:36:12.960 them are good together. Uh, you have other Matt Dillon is in this 505 00:36:13.000 --> 00:36:15.679 as well, Brenadette, Peter Peter. So you have a pretty good cast 506 00:36:15.800 --> 00:36:21.679 here. But the the it's just kind of all over the place. And 507 00:36:21.760 --> 00:36:25.360 she doesn't really she's she's just she's doing a lot here. Patrici Arquette, 508 00:36:25.360 --> 00:36:29.280 which sometimes I like, sometimes I don't like. UM. And so the 509 00:36:29.280 --> 00:36:31.639 series itself. After watching a couple episodes, it's okay, but it just 510 00:36:31.679 --> 00:36:35.239 didn't really speak to me. I've not said I've not seen it. You 511 00:36:35.280 --> 00:36:37.679 said, she the character figures things out. It sounds like a conceit out 512 00:36:37.719 --> 00:36:42.639 of poker Face, similar kind of story thread. Um, not quite as 513 00:36:42.719 --> 00:36:45.039 far. Not it doesn't go as far as Natasha Leon's character. Okay, 514 00:36:45.119 --> 00:36:49.039 very cool. I wanted to ask you about these monthly passes to theaters. 515 00:36:49.119 --> 00:36:52.280 I recently signed up for one. I believe it's regal UM, and I 516 00:36:52.360 --> 00:36:54.280 sometimes they do see movies because I had this odd working schedule, right these 517 00:36:54.280 --> 00:36:58.639 odd hours I can go to matinee's and so I'm getting my value out of 518 00:36:58.679 --> 00:37:02.480 it. Is this working for exhibitors as a recurring revenue model? Um? 519 00:37:04.480 --> 00:37:07.719 Look, they're throwing everything against the wall to see what sticks. UM. 520 00:37:07.760 --> 00:37:13.000 They've and they've tried the various passes and stuff before. UM, and it's 521 00:37:13.000 --> 00:37:16.559 worked with varying degrees of success. UM. There was one of a movie 522 00:37:16.559 --> 00:37:22.519 pass that the completely shut down because it was just not a profitable business model 523 00:37:22.840 --> 00:37:25.920 for movie pass itself. UM. They were they were selling an unlimited pass 524 00:37:25.960 --> 00:37:30.320 to all a bunch of different theaters. The ones that are doing it on 525 00:37:30.360 --> 00:37:34.480 their own, whether it's the AMC program or it's the regal program. Um, 526 00:37:34.519 --> 00:37:37.400 they do see some some value in those, um, you know, 527 00:37:37.440 --> 00:37:42.199 because they're getting you in the door, right. Um. And then the 528 00:37:42.280 --> 00:37:45.239 real money is, you know, in the concessions and things like that. 529 00:37:45.719 --> 00:37:47.440 UM. So they're getting you in the door for that and hopefully then up 530 00:37:47.440 --> 00:37:52.039 selling you on some of the other things. UM. As far as a 531 00:37:52.119 --> 00:37:57.000 breakdown of profitability, I'm not sure. UM. And I honestly, I 532 00:37:57.280 --> 00:38:00.360 don't think enough people have them to really make a big difference either way. 533 00:38:00.440 --> 00:38:04.159 Okay, all right, I just knew that, you know, investors and 534 00:38:04.199 --> 00:38:07.280 shareholders when they see recurring revenue monthly recurring revenue models, they tend to like 535 00:38:07.400 --> 00:38:09.599 that a little bit. You know, they they can bet against it. 536 00:38:09.760 --> 00:38:14.119 I was just wondering if it's catching any any traction at all. ABC's Jason 537 00:38:14.199 --> 00:38:16.360 Nathanson, right. There, always a pleasure to speak with you every Friday. 538 00:38:16.400 --> 00:38:19.280 I wish I could do it more, but I'm just gonna listen next 539 00:38:19.320 --> 00:38:22.199 Friday because Jennifer's back. All Right. It sounds good take care. Thanks 540 00:38:22.280 --> 00:38:24.000 Jason. Get back to some of the stories coming out of the KFI twenty 541 00:38:24.039 --> 00:38:28.639 four hour newsroom before we get to handle on the news. The National Labor 542 00:38:28.679 --> 00:38:34.239 Relations Board has certified a unionization vote for strippers at a club in North Hollywood. 543 00:38:34.280 --> 00:38:37.440 The dancers are now the only unionized group of strippers in the US. 544 00:38:37.960 --> 00:38:44.559 The Actors Equity Association labor union withdrew its opposition of the Star Garden topless dive 545 00:38:44.639 --> 00:38:49.400 bar and agreed to recognize the Strippers union for fifteen months. Dancers at the 546 00:38:49.440 --> 00:38:53.719 club have demanded safer work conditions, pay increases, and health insurance. A 547 00:38:53.760 --> 00:38:59.480 twelve year old boy has become the youngest community graduate in California. Clovis hung 548 00:38:59.599 --> 00:39:02.719 in Roll old at Fullerton College when he was nine. He says he was 549 00:39:02.760 --> 00:39:09.519 inspired by a thirteen year old who graduated in twenty twenty Adulate. Clovis graduated 550 00:39:09.519 --> 00:39:15.320 with five associate degrees and he has a sixth plan for next year. He 551 00:39:15.400 --> 00:39:17.960 says he was able to accomplish his goals because of support from his family, 552 00:39:19.280 --> 00:39:23.920 professors, and classmates. President of Ukraine Vladimir Zleinski will appear at the G 553 00:39:24.039 --> 00:39:28.840 seven summit in Japan in person reported this warning. He is expected to attend 554 00:39:28.920 --> 00:39:32.239 meetings on Sunday, when he is likely to redouble his efforts to secure military 555 00:39:32.280 --> 00:39:37.400 support, including F sixteen fighter jets, and promote his ten point piece plan 556 00:39:37.480 --> 00:39:40.960 for ending the war. The leaders of the G seven as a reminders a 557 00:39:40.960 --> 00:39:46.199 club of rich democracies. They're also expected to unveil new sanctions and export controls 558 00:39:46.239 --> 00:39:52.559 against Russia, including a ban on that country's diamonds and diamond exports. Southern 559 00:39:52.599 --> 00:39:57.840 California weather from KFI a mile day temp wise across the Southland, a seasonal 560 00:39:57.880 --> 00:40:00.400 morning fog and low clouds as the stunt comes up. Mostly sunny from mid 561 00:40:00.440 --> 00:40:05.159 morning and the rest of today is at La and Oc beaches up to about 562 00:40:05.159 --> 00:40:08.440 seventy. Clouds are gonna stick around longer at the coastline and for near inland 563 00:40:08.440 --> 00:40:12.000 spots, highs are going to be in the mid seventies, mostly sonny for 564 00:40:12.039 --> 00:40:15.719 the inland valleys, high school range between eighty in the eastern San Fernando Valley 565 00:40:15.719 --> 00:40:19.719 to mid eighties in the San Gabriel Valley. Tonight partly cloudy in the evening, 566 00:40:19.800 --> 00:40:22.360 than areas of low clouds in fog right now. Manhattan Beach is fifty 567 00:40:22.400 --> 00:40:25.519 eight, Orange is fifty eight, Towards is fifty seven, and so is 568 00:40:25.519 --> 00:40:30.119 Altadenam. We lead local live from the KFI twenty four our newsroom. I'm 569 00:40:30.159 --> 00:40:32.280 Jason Middleton. This has been your wake up Call, been my pleasure all 570 00:40:32.320 --> 00:40:37.480 week. You've been listening to your wake Up Call with me Jennifer Jones Lee, 571 00:40:37.599 --> 00:40:40.280 and you can always hear wake Up Call five to six am Monday through 572 00:40:40.320 --> 00:40:45.719 Friday at KFI AM six forty and anytime on demand on the iHeartRadio app