You're listening to Bill Handle on demand from KF I am six forty. I
don't think that it is compassionate to let feral humans run around. I don't
think that that feral humans. Yeah, well that is a pro bowl.
By the way, at least pay them and newter them and now handle on
the news, ladies and gentlemen. Here's Bill Handle, and good morning everybody.
Monday morning, July first, and this is the week that a lot
of us are happy campers because Thursday and Friday, it's the July fourth weekend
of which all of us, thank goodness, are not going to be here,
right Anne, uh huh Okay, Connell, what's up? Bill?
Okay, Neil, I won't be here. Oh good you're on my side.
Okay. Food chain issue, food chain issue. And Heather, I
don't even have to ask you. Of course you're gonna be here because you're
gonna be covering four shifts right right. I will be here, Yes,
we'll be here. We're gonna have a party. Why is it a food
chain issue that they have work ethic? Everything's worth well, it's a food
chain issue, whether or not you have. I haven't worked every single holiday.
You can imagine a KFI on more than one occasion. Well, I
used to do bill No, no, I believe me. I paid my
dues. I believe me. I paid my dues. When we used to
have overnights and didn't have George Norri with Martin anal probe show, it was
it was Overnight is of course it is Heather, that's the show Martiino Probes
with George Norri. I was literally trying to describe it to my husband.
I was like, it's just so bizarre. But you nailed it. That
was it? All right? So I did those for years and years.
I mean I would do overnights, I would do every holiday. No,
your dudes, it's not that you meant anal probe. No I do that
too. No, no, no, no, no, I know this
and anal probes are fun. As a matter of fact, I bought coupon
books for those, and you buy ten, you get one for free.
Why would it? Why would an alien need to look up there? Why
not look into your mouth? Why not? Because I don't know why?
Because it's done. If you ever listened to someone who's undergone a Martian anal
probe, it's like a screw. It's like this may massive screw that you
go up in the spaceship and uh, the the Martians do this screw thing
and you come down and all of a sudden you're back in the haystack.
It's always a haystack somewhere Nebraska, always, you know, and near some
farm. And all they remember is just a vaguely being brought up in a
real sore ass. And that's all they remember. By the way, all
this advanced science they're coming here from other worlds, hey doing all these things
they go up, but our tech is still just going up the butt.
I have a question, that's how for those of you believe there are aliens
out there? And let's start and aliens yes or no? I mean who
have come to Earth? No? Kno? Absolutely, okay, seriously yeah,
okay, Heather, Yes, okay, here's my question. And then
I know I don't think you believe that A no, I don't believe we've
been Let me ask questions. Why has not one of them ever gone marching
down Wilship Boulevard. Why is it always some obscure place and it's never in
front of city Hall or in front of the Fed the FED building? Why
not? Yeah, it's always visiting a place where they start sentences with tell
you what, yeah, why why wouldn't they go Why wouldn't they go public
with that? This is like that SNL sketch with Kate McKinnon where she's smoking
a cigarette and talking about the aliens and how they they played with her and
touched her, and you know it's uh, you know, they have this
technology to the point where they can visit Earth from you know, planets and
galaxies far far away, and yet uh, there they are. They just
won't be seen. They play hide and seek with this. I don't get
it. And by the way, a huge number of people, as in
Kno and Head, there reasonably bright people, maybe reasonably bright people who believe
that aliens have visited us. You guys are nuts. These are people that
can't get out of work on the fourth of July. Bit that's true,
well said, all right, guys. In anyways, it is July one,
and we start July, and it's gonna be hotter in hell today.
Heather, you said, we're in the valleys. We're gonna break a hundred
today. Yes, yes, it's gonna be hot. What's the human about
fifty? I don't think it's going to be that human. I think it's
just mostly going to be as they'd like to say, a dry heat.
Yeah. Well, by the way, fifty percent is the perfect humidity,
just to let you know if that is. Yeah, yeah, fifty percent
is perfect. You know what, every time Bill, you say it's hot,
good, be hotter than hell today, it makes me laugh because you're
the only one out of the five of us that is going to find out
whether that's true or not sooner or later. Oh that's very funny. Hey,
Siri, what's the humidity in Los Angeles today? Sixty two percent.
It is going to be a little humid, not very much, but it's
going to be humid. So Kno, we have to do the drop.
It's hot, not a Shitz. No, you can't say it's not a
Schwitz because it's a partial Schwitz. So it's hot and maybe a little bit
of a Schwitz. We don't have that drop, so we have to deal
with that. All we have is all we have is Shakespeare's famous line to
Schwitz or not to Schwitz. That is the question. Okay, guys,
let's do it. We're on our way. It's time for handle on the
news on this Monday morning, July one, Heather Brooker Nil savedra me leech
stari. I protect you, you protect yourself, you protect men. We're
gonna hear this morning Donald Trump, and the immunity case is going to be
decided. And today is well, let's just say, if you ever watched
the Academy Awards, the last envelope the winner for Best Picture is and that's
where this case is coming down, the most anticipated case that has come down
this term, and it's massive. Does Donald Trump have total immunity for any
action that he did while he was president, including trying to stop the election
and the transfer of power over to an elected official? Can he try to
stop the transfer of power and to shut down an election? And the Supreme
Court said, might say, yep, he has the power as president to
do that is where he is immune from prosecution. Whether he has the power
to do that is another issue. Can he be prosecuted? And if the
answer is no, then he can do whatever the hell he wants because he
can't be prosecuted. But isn't that self stultifying? Isn't that the equivalent of
saying I can't speak one word of English? Not one doesn't the Act actually
abolish itself, because if you were to do that, then then you crush
all democracy. Yes, that's the very thing that gives you the power to
do that. Yeah. The whole point is, by definition is whoever is
president and gets elected has the power to do whatever he wants, for example,
invalidate an elect So there is so here you are as president, you
lose the election, you invalidate the election, do everything you can as president
to stop the election, and you're allowed to do that. Yes, that
undermines democracy just a little bit. Yeah, that's a scary part. Now
is it going to go that far? I you know, I can't imagine
that it would, And I don't know if the court would do that.
I assume the court's going to I don't even know. Are they going to
give him some limited immunity because at this point, the president does he is
treated as a private citizen. There's certain things that are immune, but for
the most part, no person is above the law. And Trump's arguing is
there is one person above the law. There is one person who is the
law, and that is the president and cannot be prosecuted for anything he does.
That's so scary. Oh, it's scary beyond all beliefs, and no,
and it doesn't. And it's the Republican the maga Republicans thinks that's the
greatest thing in the world, that he is the savior of democracy, that
if he doesn't get elected, the constitution gets blown up. Oh wait a
second. The crazy thing is technically, if that decision comes down, then
Biden can overthrow a win from Trump. That's a good point. Yeah,
there's no there. You couldn't. That's because Biden will be the president at
the next election, and he has the power to invalidate the election exactly.
Well, you could, you could have You could officially allow Biden to invalidate
the next election, which could throw everything now and then necessarily you're not necessarily
invalidated. Just arrests all the electors, arrest the electoral College. Yeah this,
I wow, Yeah, I know. It's pretty scary. All right,
let's take a break. I will see what the court say. This
warning. I mean, we've taken it to hyperbolic levels, we really have,
but on a much I still it is very scary under any circumstances to
argue that one person is above the law. Now, a couple of things.
A president can't be indicted during the course of a presidency. That is
basically a given. You can't throw a president in jail during the course of
a presidency. All of that tolls. But the second there is no president,
you know, alls, you're a regular citizen, is what you are.
You are a citizen of the United States. When a president opens up
one of his speeches and goes my fellow Americans, which every president does,
I mean implicit in that is, hey, under the law, we are
all citizens, well those of us that are here legally. So anyway,
Governor Newsom has signed what he's calling a more fiscally responsible California budget. They
cut about sixteen billion dollars in the California budget, and he says that by
doing this, you're still avoiding deep program cuts while maintaining the budget for education
and medicount expansion. They use a part of the Rainy Day Fund. They
cut out of the Rainy Day Fund over the next two years to make these
cuts. So that's how you do it. You save up savings account,
You go through your savings account, and that's fiscally responsible because you're spending too
much money. Okay, makes member. When we had a surplus. Oh,
huge surplus, Yeah massive, that's gone. Yeah. Well, because
California's taxes, and first of all, we have programs that are crazy.
I mean, the government, California state government has never met a program it
doesn't like. And because we have the vast majority of revenue in California based
on income tax income among the wealthy people who pay all of it is very
cyclical. Stock market goes down, income drops because a lot of people make
their money from stock options or stock revenues dividends. You know. This is
why you have these CEOs who make a forty million dollars a year, Well,
their base is a million or two million dollars years their salary and the
rest of it is all stock options that they get. And so if the
stock goes down in value, all of a sudden, a thirty million dollar
stock option becomes fifteen million dollars. So a horrible way to run. It
is a horrible way stay I know, But who am I just a fella?
All right? Joe Biden's family is encouraging the President to stay in the
twenty twenty four race, keep fighting. They offered him their unequivocal support.
They had this family gathering just yesterday at Camp David. And they are horrible,
horrible people. What the hell are they doing? The guy, the
guy is on his last leg. Okay, now let me throw something out
at you. Okay, because I agreed. I mean, it was a
disaster, But you're nervous. Uh, you're horrible at what you do.
How many times, Neo, have you interviewed someone who is bright together and
gets nervous as hell in front of a microphone. Oh that's fine. They're
not. No, no, they're not. They're not the president of the
United I'm gonna go on. I'm gonna go beyond that. No, no,
I'm gonna go beyond that. And now because he didn't come back or
he lost his train of thought, Okay, does that mean sitting in the
Oval office? Do you want a president that can react that quickly? Yeah,
let's do this. Yeah absolutely. Let me come up with something as
opposed to a methodical, well reasoned decision, much like what Barack Obama used
to do. And he would never overreact, just very very calm. Look
at all sides. Donald Trump is not a let's look at all sides.
Talking about Donald Trump. No, I'm saying about Joe Biden. No,
no, but I do get he is no longer home. Okay, you
know, because he is not there. Okay, that was not Do you
want that to be the face of the because how many times when he was
so he lost his train of thought, because he's so nervous, because he's
in front of it, you're not going to give him a break. That
that's the United States. That was not a bad day. Hey, it
was a bad day. No, I think it was a bad day.
It was a bad day. This is not This is not the way he
acts. He's talking, is gone, and they are propping him up.
And if he guid God forbid, they would bring on the Luigia board and
they would say, he's still looking good. Did you see him the next
day? It was like a total like he was well rested, he was
sharp, he was on top of it. I think something was going on.
I think Joe, I think he had a bad day. I think
you guys how I refer to my seven year old. Oh he was cranky
and crabby gets sleep. That is not the president to his first debate against
That is mechanical. I've been in debates. That is mechanical. There are
people that just don't debate. Well, there are people that just don't have
debate to him debate before. This is not a dumb man. I feel
like you're voting for the presidential administration as a whole. Yeah, I agree
with you, not just the Do you really believe? So let me ask
you something. Do you believe that when he gets on the phone with world
leaders Unhu and Macrone and others, he uh uh? What was I saying?
Yea of thought, that's my fear. But it's never happened. You
never heard and I were texting back and forth about how horrible it is.
He was freaked out. Horrible performance. The response was it is done.
Okay, Well, everybody be the case. Everybody the earthquake, he got
a couple of billions. Here's the question, Neil, do we need to
see them again to compare? Do we need to see them debate again?
I don't think if I were Trump, I wouldn't get near another debate.
He's got nothing, but he's nothing except to lose on this one. He
came out a winner on this and he's going to stay a winner. And
it's already the perception. Neil's perception is now a good part of the of
the electorate. This guy is doddering. He can't keep a straight he can't
keep a straight fact in his head. And it's not a bad day that
he had. Listen, I voted for the guy I know. I won't
vote for Trump. That's not who I am. I'm just saying that.
To sit here and to be apologist for that, I apologizing. No one's
apologizing. No apologist based on apologia, the Greek word that means to make
a defense. You wing, not just Neil. You and I are on
the other side of this. I think people can have bad days. I
mean, I come here and there are days when I am horrible, asking
where Oh my god, what a horrible day I've had. And then there
are days when I have to ask and we hear it. Now, that's
the whole point. So and I make my living doing this, and I
have bad days, And if you listen to me on a bad day,
you will say, oh my god, how does this guy make a living?
Well you say that every day anyway, All right, move on,
let's move on. Neil, You're wrong, I'm right, Let's move on,
all right. Humanitarian workers have started moving tons of aid that piled up
at a US built here in Gaza to the warehouses in the Palestinian territory.
So apparently this is aid that they've been waiting to move for quite some time.
More than ten million pounds were moved ashore, and it's about time.
Yeah, even though that's a drop, I mean they need so much more
than that. And that pier is working. Uh, it's not working more
than it is working in terms of times, in terms of the time rough
seas and say don't much. Yeah, they don't hold up. I know,
three hundred million dollars but what's hundred million dollars among friends? All right,
far right National Rally party has taken the lead in the first round of
France's parliamentary elections just yesterday. Of course this is a blow to Macron and
his party and folks as well. Ye Marine le Pen far right wing.
She used to be considered fringe, she her party not now just got the
biggest number of votes. She could very well be elected president of France.
Thank you. Can you imagine do one more for several Sure, several US
military bases in Europe are on a heightened state of alert, but we don't
really know why. They're not saying why several US military bases are on well,
let's says they were put by the force of Protection condition alert level of
force protection condition, Charlie. Not entirely sure what that means. If any
military folks want to tell me, it is the second highest state of alert.
I guess that's what it means. Yeah, it's like red yellow,
except their names now their names. Yeah, I was like, I'm confused
by that name, but yeah, there Apparently it applies when an incident occurs,
or intelligence or received indicating something some form of terrorist action is likely.
Now, is that a female or male terrorist action? Charlie. It's one
of those names. Go either way. It could go either way. All
right, pronunciation check on this if I get it wrong. Hurricane Beryl,
mharl isn't it burrel AyL Oh? I'm country Maybe, I'm like, it's
burrel here, Hurricane burrel near? What's that? An alien hurricane barrel near
the Caribbean? As like the in category three storm and this is an unusually
early start to hurricane season and it's big too wake up to hear. This
is up to a kurgate four category that is dangerous, dangerous stuff. And
you have the windward islands. You got all those islands in the Caribbean.
St. Lucia, and you've got Saint Kitts, and you've got Puerto Rico.
I mean, it's just, oh, I don't know if there you
know, it's so anyway, we'll see early strong congratulations. There is those
such thing as climate change. Okay, all right. State Farm was looking
to raise the rates in California by thirty percent for homeowners and they asked for
the rate increase, I believe on Friday, and that comes on the heels
of a recent rate hike of almost twenty percent and they dropped many policy holders.
So now they heard the go ahead. No, they have to go
to the PUC or the insurance commissioner to get those rates, and the insurance
commissioner has to say yes, and sometimes the insurance commissioner says no. And
the insurance commissioners an all elected officials, so usually the consumer gets the break.
Now, however, the insurance companies are going, Okay, we don't
get it. You know what, we're leaving the state. You figure it
out. And that's what happened with three majors, one of which came back.
So they're going to get their raise, And incidentally, I my homeowner's
insurance at the Persian Palace. I lapsed. I couldn't get another policy because
my insurance company would not renew. I was bare for two and a half
weeks and I finally got it at twice the premiums one hundred percent increase.
So should we not be owning homes in California anymore? It's you know,
the gods are saying you can't afford it, you won't be able to insuran,
insure it. You know what I'm going. Here's a great company idea.
You sell big tents in the shape of a house, so that when
you lose your house, you still have the property. You just put a
tent up. That's crazy tents in California, you know, especially if they're
filthy. Yeah, that's one of the reasons I bailed out of the Persian
Palace. It's a big reason. You know. I told my kids,
you know what, and I got rid of my kids. I said,
okay, you have Okay, you're forty three years old. Now it's time
for you to leave the house. Not quite. Your kids are the unhoused.
That's sad. Yeah, I'm justice. I have to rename my kids.
One I'm going to rename to Albatross, the other one to Anchor Failure
to Launch. The Justice Department was poised yesterday to offer Boeing a plea agreement.
This is, of course, to resolve the criminal charge over the two
fatal seven thirty seven Max crashes, some three hundred and forty six people killed
overseas. Relatives, obviously of the victims are not happy. They slammed the
proposal and are urging a federal judge to reject it as a sweetheart deal.
We don't know what the deal is. It's probably going to be Boeing agreeing
to accept a criminal charge. Corporations can be criminally liable, although they all
they can do is be fined. You know, they can't put a corporation
in jail, and so we'll see what the exactly what the fine was,
and then what they have to do with what the company has to do to
ameliorate the situation. Boeing, for example, may be limited to building theme
park rides and that's the extent of it. We don't know at this point
what the deal is and what's going to happen. More Boeing news here.
Boeing has agrees to buy Spirit Aerosystems, one of its major suppliers and manufacturing
partners, as part of its plan to overhaul the aircraft's well their reputation.
It's an all stock deal that values the supplier at four point seven billion dollars
and March announced. In March, Boeing announced their intention to do this,
saying recombining the companies would boost safety. Okay, look, well look at
the figures. In two thousand and five, Boeing spins off this manufacturing division
of fuselage making to a separate company, Spirit, and that company Boeing got
nine hundred million dollars for it, is now buying it back for eight point
three billion dollars. How's that for a deal? Not a good deal?
No, they've had a rough time lately. Well yeah, those well,
those fuselages are falling apart because Boeing and Spirit just are bean counters. Safety
is not, even though they argue, oh, safety is our biggest priority.
What a crock that is? It's they've gone their aerospace divisions doing well.
Hell oh, oh that's right you're talking about Yes, that's true you
hey, yeah, this is the this is your team on the space dage
you guys gonna come get us. So we're gonna be up there and possibly
for months. They're gonna be up there because I didn't bring enough reading material.
Now they're arguing it's perfectly safe for them to come down, but they
have some issues with the thrusters and none of it particularly life threatening, and
choosing to study it because if they bring it down, they won't be able
to figure out what's wrong. Yeah, that's believable. And you know why
that's believable because it's Boeing and what Boeing says. Boeing does when they say
it's perfectly safe and doors do not fly off the fuselage in mid air,
I believe them. That's like the one thing. Keep the wheels on and
the doors. Oh yeah, wheels come off. Yeah, I know,
it's just crazy, all right, I think we can do one more.
All right, to the eternally homeless looking Steve Bannon, a formal Donald Trump
White House strategist, to set the report to federal prison in Danbury, Connecticut
today and he will be beginning a four month sentence for defying a congressional subpoena
and not bathing. No, that last part I made up and he's still
on the phone with Trump and he is arguing and is going in to prison
as a martyr. You will hear former President Trump talked to him as a
hostage and a martyr. Because the Justice Department has been weaponized, and this
proves it. You see contempt of Congress, this proves it. Almost nobody
goes to jail for contempt of Congress. By the way, refusing to turn
over documents that he argued were part of executive privilege that Trump had declared,
and the court said, no, it didn't work that way. Hey,
we do firsts here? What is going on in North Korea? Looks like
they are firing more test missiles, two ballistic missiles, one of them possibly
flew abnormally, Joint chiefs of Staff said in a statement. The missiles were
launched ten minutes apart towards the town a town in North Korea from the town
excuse me, in southeastern North Korea. So I don't know what they're doing
over there. Why we should This honestly makes me nervous as well, But
we don't talk about it. It shouldn't. It shouldn't because it happens every
time there is a military exercise with South Korea, which happens constantly. There's
an annual huge one, and every time that happens, the North reacts because
this is a basically is a anticipation of a war that the West, the
United States, South Korea, Japan, they're part of it, and Taiwan
and they're all lining up to attack North Korea and start a war. And
North Korea always says the same thing, in anticipation of a war, these
massive foreign armies are going to attack us, and we have to defend ourselves.
Every single year it happens, so they're just constantly preparing for this next
one constantly. Should also be constantly preparing for that? Do you think they
might? We're constantly preparing, except the differences. We're not going to invade
the way they portray it is, we are on the verge of invading North
Korea, and they have to have this defense of posture. That's how they
spent eighty percent or whatever percent of their GDP on defense. People starve.
I feel never hear stories though about you know the US is firing missiles.
No, we do. No, I don't think we do. I don't
think we do missiles, but I think we do exercises, amphibious landings and
we do air the air force and bombings. Yeah, we do that every
year. There's massive exercises and tracts. Was it a poop filled balloon warhead
or yeah? Good point? All right. So Facebook, the parent company
Meta, has been accused of breaking Europe's new digital competition rules over its pay
or consent advertising model. And this is that that sub subscription for no ads
model that they have and you can pay what would be the equivalent in American
dollars fourteen bucks a month for ad free versions. But you only have one
other option, and that is to accept versions with personalized ads, which means
they're taking your information. Here's the problem with doing business in the EU.
They don't have the concept the First Amendment constitutional rights, which is being argued
by the major platforms here court cases going up and down. The European Union
has the strictest rules. Now, this is a block of six hundred and
fifty million people. They're twenty eight countries and in the European Union, I
think it's thirty something that are part of the EU. Their rules are so
strict you screw with them. For example, the EU will be can be
hit with a fine. Medic can be hit with a fine of ten percent
of its global annual revenue. Ten percent of global revenue. That is not
a you know, one billion, two billion dollar fine. That's effectively couch
money that you find between the cushions or several hundred million. This is massive.
The alternative is you don't operate in Europe. That and Europe being the
entire EU. That is no small hit. I mean their environmental rules.
I mean it is really tough in Europe. I'm a little surprised they're not
doing something similar to that here in the US, or maybe they aren't.
I just have no first Amendment, no first amendments. We will do that.
Yeah, first Yeah, it just goes creat. We have this whole
thing we're going with the courts. We have this stupid first Amendment rule that
I don't understand. I don't understand this constitution. I just don't get it,
am I Right? So what about the Constitution? What were those fellows
thinking? Yeah? All right, so this is admittedly a big blind spot
for me in terms of like my depth of knowledge, but I'm going to
try to I want your insights on this. So several top us banks are
hiking dividends. Apparently, these bank announced their plans to raise their third quarter
dividends after proving they have enough capital to withstand severe economic and market turmoil.
Yeah, these are reserves that the banks have to have, and the reserves
were very low, and there was a meltdown during the Great Recession, where
had not the government come in and oppt up these banks by giving them billions
and billions of dollars, the banks would have failed. This is back in
two thousand and eight. Pardon, this was back in two thousand and eight,
right, Yeah, And this was when it was said. That was
when no, no, no, was that in two thousand and eight.
When was George W. Bush. He's the one that did it. When
he was president he was Yeah, I think it was George Bush. That's
the last part of his tenure. And the rules change and the government,
the FDIC particularly, said you don't have enough money in reserves in the event
that there is a financial melt down, you have to have more reserves.
Well, the banks, well, now the government says you don't have as
much. There are enough guard rails. And so as soon as that happened,
dividends were issued like crazy from these banks because they didn't have to put
aside the money. And they're not only giving dividends to shareholders, they're now
eyeing back the stock. And so that's what's about. How much money you
had, how much money the banks have to have in the bank for rainy
days. That's effectively what this is. So does that help? We're cutting
our rainy day fund, but the banks are being too, That's correct,
they're also cutting They're also cutting their rainy day funds. You don't need as
much, I guess with stuff like this, I always want to know how
does this affect me the consumer, the everyday person, Like why you know
why bank rates? Bank rates are going up because they have more money and
they're going to make more money. So and they're allowed because there's usually doesn't
exist anymore. So bank can charge whatever they want. And it just means
your credit card is going I don't think it really affects your particular credit or
mind. It just says because I don't know how much more the banks can
charge an interest, especially for credit card debt. All right, I could
go on and on, By the way, if that helped you at all,
understand, And just to let you know, I made most of that
up as I usually do. Yeah, all right, and you have no
case. You have no case. KFI AM six forty Live everywhere on the
iHeartRadio app. You've been listening to the Bill Handle Show. Catch my Show
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