Speaker 1: You're listening to Bill Handle on demand from KFI AM
Speaker 1: six forty.
Speaker 2: KFI AM six forty Bill Handle. Here it is a
Speaker 2: Monday morning.
Speaker 3: February third, National Carrot Cake Day.
Speaker 2: Yep. Only because the carrot cake is so good from
Speaker 2: Stonefire Grill they brought it.
Speaker 3: And all right, enough of that, let's do something that's
Speaker 3: not quite as important as today, but still fairly important,
Speaker 3: and that is the tariffs that President Trump has put
Speaker 3: into place.
Speaker 2: They start tomorrow. And if you remember, of course you
Speaker 2: do that.
Speaker 3: Part of the campaign that Donald Trump was running was
Speaker 3: the promise that prices would be lowered immediately, Costs would
Speaker 3: be lowered, inflation would be gone. Well, he has admitted that,
Speaker 3: and this is just a fact, not his issue, but
Speaker 3: he's the one that kicked this in.
Speaker 2: Tariffs cause prices to rise. It's just that simple.
Speaker 3: The more a terriff is in place, the more expensive
Speaker 3: products are. And that's because so much trade is going on. So,
Speaker 3: for example, the car companies, there isn't a car company,
Speaker 3: a car manufacturer in the United States that manufact it
Speaker 3: doesn't get parts from Canada or Mexico, and all of
Speaker 3: a sudden, those parts are going up twenty five percent
Speaker 3: which means guess what. Cars are going up, food is
Speaker 3: going up, phones are going up because they're all made
Speaker 3: in China. And Chinese products are going up because China
Speaker 3: has just been hit with a ten percent tariff twenty
Speaker 3: five percent tariff against Canada and Mexico, and prices are
Speaker 3: it's just that simple tariffs cause prices to go up.
Speaker 3: Now the President is doing this well for the fentanyl
Speaker 3: that's coming across Mexico and the illegal immigration.
Speaker 2: He says that about Canada too.
Speaker 3: How much illegal immigration is coming from Canada, Not very much,
Speaker 3: And so it's going to be financial.
Speaker 2: It's a financial hit, and it's gonna hurt American workers.
Speaker 3: It's gonna hurt well, it's gonna hurt certainly American consumers
Speaker 3: long term. The policy is, if it's really expensive to
Speaker 3: buy foreign products, that means American manufacturers and workers have
Speaker 3: to make up for it because we're not gonna stop consuming.
Speaker 2: And if all things being equal, if the.
Speaker 3: Price is about the same, if it costs twenty five
Speaker 3: percent less to buy from Canada and all of a
Speaker 3: sudden there's a twenty five percent tariff, then it's gonna
Speaker 3: be the same price, right, And if America charges the
Speaker 3: same thing American manufacturer.
Speaker 2: We're gonna go to American workers.
Speaker 3: Of course, we are for a whole lot of reasons,
Speaker 3: because bringing in from overseas, from China, bringing in from Mexico,
Speaker 3: there are all kinds of transport issues, There are all
Speaker 3: kinds of.
Speaker 2: Regulations that have to be met America. It's easy.
Speaker 3: You order from Des Moines and you're gonna get a
Speaker 3: product three days later and you're not gonna pay tariffs
Speaker 3: or any of that.
Speaker 2: It's easy PC stuff.
Speaker 3: So that is the philosophy that tariffs actually long term
Speaker 3: are good for the American worker. Yes, no, don't know yet,
Speaker 3: but I'll tell you prices are going to go up.
Speaker 2: That is a given.
Speaker 3: And the President has admitted, Okay, it's gonna hurt. It's
Speaker 3: going to hurt temporarily. Will this is a quote and
Speaker 3: this is what he posted. Will there be some pain, Yes,
Speaker 3: maybe maybe not. They'll be pain, believe me, But we
Speaker 3: will make America great again, and it will all be
Speaker 3: worth the price that must be paid. And he said, Americans,
Speaker 3: we will understand that it is important for us to
Speaker 3: pay more money for goods and services, goods, particularly.
Speaker 2: To make it long term better for America.
Speaker 3: You know what, there's an argument there, and there is
Speaker 3: a philosophy there, and some people agree, some people disagree. However,
Speaker 3: when he said prices are going to go down immediately
Speaker 3: and costs will be half of what they are now
Speaker 3: by the anniversary of his first year January twentieth, twenty
Speaker 3: twenty six, well we're going to start the administration with
Speaker 3: prices going up.
Speaker 2: I mean, that's the cost of tariffs.
Speaker 3: And if there's going to be a trade war, and Canada,
Speaker 3: Mexico already and China already said it's going to be retaliatory.
Speaker 3: You hit us with twenty five percent taxes, We're gonna
Speaker 3: hit you at tariffs.
Speaker 2: We're gonna hit you with twenty five percent tariffs.
Speaker 3: So all of a sudden, it becomes super expensive to
Speaker 3: buy products that are manufactured overseas, which is what we
Speaker 3: buy overseas products by the hundreds of billions of dollars,
Speaker 3: where trillion dollars. Maybe because it's cheaper. It's all about money.
Speaker 3: It's about quality too, but it's mainly about money. We vote,
Speaker 3: we go through life based on our our wallets. That's
Speaker 3: the reality. We're a consumer nation. And so prices are
Speaker 3: going to go up. There's no way around it, and
Speaker 3: we have to understand. But wait a minute, you said.
Speaker 2: Prices are going to go down.
Speaker 3: Well, prices are going to go up, but you understand
Speaker 3: that prices are going to go up. That's the problem
Speaker 3: I have. I would have been far far It would
Speaker 3: have been far better, in my opinion, had Candidate Trump said,
Speaker 3: here's what I want to do.
Speaker 2: I want to raise prices.
Speaker 3: Or I want to invoke or kick in tariffs for
Speaker 3: the long term of American workers, because tomorrow prices go up,
Speaker 3: the tariffs kick in tomorrow.
Speaker 2: How long do you think it takes to build a
Speaker 2: factory all of a.
Speaker 3: Sudden, chips have gone up twenty five percent or ten
Speaker 3: percent from China, Okay, So that means it's going to
Speaker 3: be feasible for us to build a chip factory because
Speaker 3: we're now going to compete and all things being equal,
Speaker 3: we're going to buy chips here.
Speaker 2: How long does it take to build a factory? Two years?
Speaker 2: Three years? And can you do it without subsidies from
Speaker 2: the government.
Speaker 3: Probably not, because it's so damn expensive and it's a
Speaker 3: national security issue. So teriffts may very well be good
Speaker 3: and in many cases I'm okay, with teriffs because they
Speaker 3: do in the long term.
Speaker 2: Exactly what the President I think is pushing for.
Speaker 3: A lot of people believe that, but come on, really,
Speaker 3: prices are going down while they're going up. Inflation is
Speaker 3: out of control. It's a two percent I mean, what
Speaker 3: do you do that? Okay, So we talk about it
Speaker 3: becomes more expensive to buy products when the president kicks
Speaker 3: in a tariff against the country. So a product from
Speaker 3: Canada that costs one hundred dollars a manufacturer pays and
Speaker 3: not gonna be one hundred and twenty five dollars, So
Speaker 3: the manufacturer's paying a lot more money.
Speaker 2: In the end, we do because it's the cost is
Speaker 2: moved on to us. Of course.
Speaker 3: Now here is something you may not realize is that
Speaker 3: every tax on imports is also a tax on exports.
Speaker 3: It's a tax on us. How does that work? All right,
Speaker 3: let me give you an example. The most popular beer
Speaker 3: in America right now is Modelo especial brood in Mexico.
Speaker 3: All Right, you put a twenty five percent tariff on
Speaker 3: Modello and slay sales are going to slide. Of course
Speaker 3: they are, because it's that much more expensive now Modello
Speaker 3: imports American barley from US.
Speaker 2: We export American barley.
Speaker 3: Because and they buy virtually all of their barley from
Speaker 3: US for brewing.
Speaker 2: And so all of a sudden, we're buying less.
Speaker 3: They're buying they they're selling less because they can only
Speaker 3: sell at a higher price because of the tariffs. And
Speaker 3: guess what both get screwed, Well, not both of them,
Speaker 3: We get screwed because all of a sudden we're in
Speaker 3: a worse position. You know, all of the manufacturing or
Speaker 3: the processing of barley, we're selling less, and it's costing
Speaker 3: us more for theirs, all of it. It's all connected
Speaker 3: by the way. Barley growers don't care about how much
Speaker 3: they sell, They prepare about what price they sell it at.
Speaker 3: So a tariff raises prices of both every imported good
Speaker 3: and every good that goes out.
Speaker 2: And competes with imporse.
Speaker 3: So if Modelo is more expensive, American beer also becomes
Speaker 3: more expensive. The tariff on Modello allows American beer to
Speaker 3: increase market share because all of a sudden, people aren't
Speaker 3: buying modello and we're selling more and the competition is less,
Speaker 3: which means the prices.
Speaker 2: Can go up. Why because it's supply and demand.
Speaker 3: If Americas rink a pile of beer, and now they
Speaker 3: don't buy Medello and they buy American beer. All of
Speaker 3: a sudden, American beer is more deer, and the prices
Speaker 3: go up supply and demand, so everything gets more expensive
Speaker 3: for everybody, and national incomes lower and prices just are
Speaker 3: more expensive. Trade wars, that's what this is about. And
Speaker 3: let me give you an example real quickly. It's not direct,
Speaker 3: but it's indirect. The largest glassmaker in North America is
Speaker 3: a Mexican company and it operates plants in the US
Speaker 3: and Canada, but the center is in Mexico. Now, most
Speaker 3: of us don't buy big sheets of industrial glass.
Speaker 2: You know that's way out there.
Speaker 3: But do you care about the rent of a brand
Speaker 3: new apartment, that department or that apartment. Well, the price
Speaker 3: to p on the cost of construction, how much it
Speaker 3: cost to build the apartment, which depends on the price
Speaker 3: of window systems that the developer pays.
Speaker 2: That depends on the price of glass.
Speaker 3: And by the way, we're talking about lumber which comes
Speaker 3: in from Canada too, I mean.
Speaker 2: Across the board.
Speaker 3: By the way, all of that Trump just raised twenty
Speaker 3: five percent put tariff on aluminum. The cost of manufacturing
Speaker 3: airplanes and cars go up, and so guess what happens.
Speaker 3: The cost of airplanes go up manufacturing. Therefore the airlines
Speaker 3: have to make that up. And you wonder what's going on. Now,
Speaker 3: here's the weird one. The Trump administration renegotiated NAFTA North
Speaker 3: America Free Trade Agreement.
Speaker 2: Which got rid of tariffs, and his new deal.
Speaker 3: In the US Mexico Canada trade deal quote was based
Speaker 3: on the principle of fairness and reciprocity, which.
Speaker 2: By the way, he can't do that. It's illegal under
Speaker 2: the tree D rules. But the US stopped obeying treaty
Speaker 2: rules a while back.
Speaker 3: Twenty eighteen, the Trump administration imposes tariffs on steel and aluminum,
Speaker 3: and so the affected countries take their case to the
Speaker 3: World Trade Organization. Four years later, December of twenty twenty two,
Speaker 3: the World Trade Issue, the World Trade Organization issued its judgment.
Speaker 3: The US lost at every single point. So what did
Speaker 3: the Biden administration say, We're going.
Speaker 2: To ignore it?
Speaker 3: The Biden administration said, we're ignoring it. We don't care.
Speaker 3: Trump has pulled us out of the WTO. Biden just
Speaker 3: ignored the WTO. They're both on the same page. And
Speaker 3: here's how they did it. In twenty seventeen, the Trump
Speaker 3: administration blocked new appointments to the WTO's Appellate Court, effectively
Speaker 3: the Supreme.
Speaker 2: Court of World Trade.
Speaker 3: The Biden administration continued the embargo. Today all seven seats
Speaker 3: on the panel are empty. And here's the clever part
Speaker 3: is that right now all seven seats of the appellate
Speaker 3: Court are non existent. They're empty, and they're the ones
Speaker 3: that make the decision. If there is no court, there
Speaker 3: is no decision.
Speaker 2: And that's both Biden and Trump.
Speaker 3: The point is free trade agreements, which it helps everybody
Speaker 3: the Biden administration and the Trump administration shut down. But
Speaker 3: here's the problem with free trade agreements. Right, no tariffs,
Speaker 3: so China subsidizes the manufacturing of steel, and no tariffs,
Speaker 3: so it is far cheaper to buy steel from China
Speaker 3: than it is to manufacture here under any free trade agreements.
Speaker 2: Because they're not fair. And Trump is right, they're not fair.
Speaker 3: If everything was equal, if China didn't subsidize, if China
Speaker 3: didn't pay forty cents an hour to its people, didn't
Speaker 3: have its own version of OSHA, it would be fair.
Speaker 2: The reality is it's not, and so what do you do?
Speaker 3: You let it happen and American steel workers are put
Speaker 3: out of work because there's no steel being manufactured because
Speaker 3: all being pot in China.
Speaker 2: Or do you put teriffs on there?
Speaker 3: So American steel workers do compete, but everything goes up
Speaker 3: in price. It's really complicated, and I want to share
Speaker 3: with you what's happening to me, My dear one of
Speaker 3: my best friends, Savil, and I own a business together
Speaker 3: and it's cookware that we import from China. And I
Speaker 3: don't want to pitch the company. It's Lake Industries dot com.
Speaker 3: Lake Industries dot com. You want to look at Platinum cookware. Okay,
Speaker 3: enough of that.
Speaker 2: It's good stuff, Savile, thanks for joining us.
Speaker 4: Good morning, Good morning Bill, How are you?
Speaker 2: I'm good? All right? Get him up, Actually he wakes
Speaker 2: up really early.
Speaker 3: But I wanted to talk about our company and we
Speaker 3: import from China. Now, huge companies have very deep pockets
Speaker 3: and they can switch over companies like ours.
Speaker 2: Small companies.
Speaker 3: You know, we have a couple of dozen people that
Speaker 3: work for us, and our business is coming in from China.
Speaker 2: What is going on? Since it's just hit us, what
Speaker 2: do you do?
Speaker 5: Well?
Speaker 4: It was announced on Friday, as you know. And the
Speaker 4: first thing we did is we sent a letter out
Speaker 4: to all of our clients and dealers and said, hey,
Speaker 4: this is probably going to happen on Monday or Tuesday,
Speaker 4: and we are going to impose a temporary tariff search
Speaker 4: arge on all of your invoices beginning Monday or Tuesday
Speaker 4: of five percent. We did five percent for a couple
Speaker 4: of reasons. Number one, we wanted to kind of help
Speaker 4: our dealers feel the pain and what are they going
Speaker 4: to do? They just going to pass it on to
Speaker 4: the end consumer. And a lot of.
Speaker 5: The dealers already wrote back to us.
Speaker 4: Bill and said that's fine, We're going to pass the
Speaker 4: five percent onto the dealers. And we fully understand the
Speaker 4: situation you in. We've been watching the news.
Speaker 5: We've expected this. Probably the toughest.
Speaker 4: Decision for us was when to impose the tariffs, because
Speaker 4: obviously we have goods already in the warehouse that don't
Speaker 4: have tariffs. So do you wait three months and say
Speaker 4: let's get rid of those goods and then impose tariffs.
Speaker 4: And we spoke to a couple of our key dealers
Speaker 4: and said no, because then you'd have to delay removing
Speaker 4: the temporary tariffs surcharge three months down the roads.
Speaker 5: So they said, we're okay with this.
Speaker 4: The minute the president or the government announces the five
Speaker 4: percent tariff.
Speaker 2: Let's go.
Speaker 4: Then the minute they stop, let's stop.
Speaker 5: Then the rights of fact, we had a plan for.
Speaker 4: Monday, and we now realize the executive order is only
Speaker 4: going to be signed.
Speaker 5: Today, so we've delayed it the day until Tuesday.
Speaker 3: Okay, So let's talk about all of a sudden, And
Speaker 3: it was ten percent, which we're sucking up half of that,
Speaker 3: So it's five percent right off the bottom line for US.
Speaker 3: Tariffs are going to kick in. It's going to be
Speaker 3: a trade war. Trump has said the tariffs are going
Speaker 3: to go up, which I believe, which we believe completely.
Speaker 2: So what do you do? So do we leave China?
Speaker 3: Are we now looking or are you now looking because
Speaker 3: you obviously we're in the business, But are we looking
Speaker 3: at Vietnam, looking at the Philippines where there are no tariffs?
Speaker 2: Yep?
Speaker 4: So we actually the funny thing is we were looking
Speaker 4: at Mexico and that just didn't pan out, and thank
Speaker 4: god it didn't, because that's twenty five percentence, you know.
Speaker 4: We then looked at Vietnam and our friends.
Speaker 5: Over there said to us, we're a little.
Speaker 4: Concerned because the balance of trade between Vietnam and China,
Speaker 4: excuse me, between Vietnam and the USA is shrinking every day.
Speaker 4: So at some point in time they're going to be
Speaker 4: next on the hit list for the USA. So we've
Speaker 4: come to the conclusion the best countries for us right now,
Speaker 4: the second best countries Thailand, and our best option right
Speaker 4: now is Cambodia, of all places. So we have moved
Speaker 4: some tooling from China to Cambodia to test a couple
Speaker 4: of units out to make sure the quality is the same.
Speaker 4: And we believe the balance of trade with Cambodia is
Speaker 4: just fine, and we want to see tariffs there for
Speaker 4: maybe five ten years.
Speaker 3: Yeah, and keep in mind that, as I said earlier,
Speaker 3: the prices are going to go up, and one of
Speaker 3: the reasons, and it's not the fentanyl for Mexico, and
Speaker 3: it's not the immigration from Canada.
Speaker 2: I mean, the real issue is financial and.
Speaker 3: The more we buy from a country, the more imbalance
Speaker 3: there is, and the more Trump wants to put tariffs
Speaker 3: until it reached the point where there's zero now. But
Speaker 3: the disparity grows and grows and grows, and we buy
Speaker 3: too much from them, and boom, it's tariff time.
Speaker 2: And we're looking at Cambodia now.
Speaker 3: Who would have ever thought Cambodia where we'd be manufacturing
Speaker 3: our cookwar at Lake Industries dot com. That's Lake Industries
Speaker 3: dot com. Got I'm such a such.
Speaker 4: A fantastic This is the greatest segment of the whole morning.
Speaker 2: Thank you for this.
Speaker 4: We never thought. We never thought Cambodia for a minute.
Speaker 4: As a matter of fact, the bigger companies who anticipated
Speaker 4: this long before us because of the deeper pockets that
Speaker 4: you mentioned, they've been at Vietnam for years right now.
Speaker 4: Hence the balance of trade. I mean, the thing we need,
Speaker 4: and I know you've mentioned this morning, is we.
Speaker 5: Need stable trade policies. That's what we need.
Speaker 4: When I was fortunate enough to emigrate to this country,
Speaker 4: you know, Ronald Reagan was in power, and he was
Speaker 4: the best at it. And if you think about it,
Speaker 4: the American manufacturers that survived made.
Speaker 5: The best products in the world.
Speaker 4: When I first emigrated, the American cars were lousy, and
Speaker 4: then we had this flood of Japanese cause Korean cars,
Speaker 4: and guess what the American cars caught up, and arguably
Speaker 4: they're as good, if not better. So free trade in
Speaker 4: a lot of ways is a good thing. I do
Speaker 4: understand what the Trump administration's doing because this is going
Speaker 4: to have an impact positively immediately, you know, a positive
Speaker 4: impact immediately. Long term, I'm not so sure.
Speaker 3: Now I'm going to argue the other side that short
Speaker 3: term it's going to have a negative impact because prices
Speaker 3: are going up tomorrow. And like many companies, since we
Speaker 3: manufacture or we buy from manufacture overseas, switching to a
Speaker 3: different company means the dies that stamp out our cookwar
Speaker 3: the companies that manufacture this. How long does it take
Speaker 3: to switch from Chinese factories and you find someone in
Speaker 3: Cambodia that's willing to do this, what is that timeline?
Speaker 4: That is a long one. So it's not as long
Speaker 4: as it takes to both factories in America, of course,
Speaker 4: which is anyway from two years to five years in
Speaker 4: our case to get full production going, it's at least
Speaker 4: a year to get it going. We're testing it now,
Speaker 4: but it's at least a year.
Speaker 2: Yeah, And that's the point, that's the point I am making.
Speaker 3: Where we want American workers, we want factories here the
Speaker 3: problem is it takes a long.
Speaker 2: Time to bring the jobs over. All, right, Savil, thank
Speaker 2: you and you're welcome. Yeah, I appreciate that. Do I
Speaker 2: pitch one more time our company?
Speaker 1: Na?
Speaker 4: Okay, sure please, I'm on my knees.
Speaker 3: Okay, Lake Industries dot com. Lake Industries dot com the
Speaker 3: best cook wear in the world. All right, thanks Savil.
Speaker 2: Thanks, But by the way.
Speaker 3: Am I in trouble with I don't think so, because
Speaker 3: as long as I disclose that I am a principal,
Speaker 3: I can pitch the product.
Speaker 2: Right.
Speaker 1: Why are you looking at me?
Speaker 2: Because you know the rule used to be in management?
Speaker 2: You know the rules more.
Speaker 1: You know I've forgotten everything.
Speaker 2: Okay, fair enough, it's.
Speaker 1: The first time on his knees for you, right, Bob.
Speaker 2: Oh Well said, give me a break. Now, it's a
Speaker 2: lot of fun.
Speaker 3: We spend a lot of time talking about the cost
Speaker 3: of manufacturing, especially now that terrff world is coming in.
Speaker 2: All right, did I just.
Speaker 3: Hear amy I was putting together the next segment that
Speaker 3: the tariff was supposed to kicking tomorrow has now been
Speaker 3: delayed thirty days.
Speaker 6: Yes, apparently, Claudia Scheinbaum from Mexico and President Trump had
Speaker 6: a phone call. And after the phone call, they said, okay,
Speaker 6: we're going to put these on hold for one month.
Speaker 6: And Mexico is sending ten thousand troops to the border.
Speaker 3: Now the tariff is it just on Mexico? Do the
Speaker 3: tariffs on Canada and China remaining place?
Speaker 6: As far as we know, yes, this is this information
Speaker 6: is just getting into the KFI newsroom. Trump is expected
Speaker 6: to talk to Canada's Prime minister today at three, which
Speaker 6: I believe is Eastern time.
Speaker 3: Okay, case in point. This is Donald Trump at his best.
Speaker 3: As he says, he is going and I'm going to
Speaker 3: do it right now because I'm not happy with the border.
Speaker 2: And when you straighten it out, I will go back
Speaker 2: on the tariffs. Boom.
Speaker 3: She's sending ten thousand troops to the border to stop
Speaker 3: illegal immigration.
Speaker 2: Is exactly what Trump does.
Speaker 1: And yeap with Columbia as well.
Speaker 2: Yep, with Columbia.
Speaker 3: He succeeds beyond success when it comes to this.
Speaker 2: This is the art of the deal.
Speaker 3: This is a businessman which underlying a lot of his
Speaker 3: issues with the border. Frankly, business doesn't really care about
Speaker 3: the border. You're talking about big business. They couldn't care less.
Speaker 3: The reality is is illegal. Migrants do not take American jobs.
Speaker 3: It doesn't really do anything for the economy. Tariffs do
Speaker 3: big time. And this is a business issue, and this
Speaker 3: is where the business world is looking at Trump and
Speaker 3: put into place a business leader.
Speaker 2: I heard a.
Speaker 3: Lot about that. I mean the popular though. The rest
Speaker 3: of US, Yeah, we care about immigration. It really doesn't
Speaker 3: affect us. It really doesn't to make big picture, tariffs
Speaker 3: do as I said that. So Trump has said, tariffs
Speaker 3: start tomorrow unless you straighten out the border, and I mean,
Speaker 3: you do it now.
Speaker 2: Ten thousand troops.
Speaker 3: Are coming from Mexico to be along the US Mexican border.
Speaker 3: Absolutely what he promised to do. And it's working. It
Speaker 3: is working.
Speaker 1: You have a little just a tiny bit of crow
Speaker 1: in your teeth.
Speaker 3: No, no, no, not at all, not at all. I
Speaker 3: said that this is a man whose agenda is not
Speaker 3: hidden at all.
Speaker 2: And I said, this is a man who what he
Speaker 2: does is go way beyond.
Speaker 3: He says things that appear to be kind of crazy,
Speaker 3: and what he does is and he read his book
Speaker 3: It's a negotiating ploy. And everybody said, no, it's not
Speaker 3: a negotiating ploy. It was a negotiating ploy. It is
Speaker 3: a negotiating ploy and it has worked.
Speaker 2: It has worked.
Speaker 1: How did Americans respond to JFK and the Bay of Pigs.
Speaker 3: They Americans thought, well, the Bay of Pigs, the whole
Speaker 3: situation with Bay of.
Speaker 2: Pigs, and he Kennedy inherited. The CIA lied to him.
Speaker 1: They think he was crazy when he stood fast.
Speaker 3: No, because JFK didn't stand fast. It failed miserably. The
Speaker 3: Bay of Pigs invasion, the quote the the let's how
Speaker 3: do I put this? The anti crat Castro Cubans actually
Speaker 3: put it together. It was the CIA that came out
Speaker 3: and Kennedy said, this is my fault. I let it happen.
Speaker 3: He sucked it up. He said, yeah, it.
Speaker 1: Could have gone south. Oh it did go south, and
Speaker 1: it just I'm talking nuclear south.
Speaker 2: That was with Russia, that is Russia. And there Kennedy
Speaker 2: stood fast. There he stood fast.
Speaker 3: And the reason that Russia was moving nuclear weapons into
Speaker 3: Cuba is because Kennedy was so inexperienced and got killed
Speaker 3: in the Bay of Pigs. And then Kennedy stood up
Speaker 3: and stood fast. Uh so you got it sort of,
Speaker 3: But it's as always more complicated than that.
Speaker 2: By the way, just a quick one about Kennedy. Now
Speaker 2: that you bring it up, do.
Speaker 3: You know he was as cold war as cold a
Speaker 3: cold warrior as it gets. He was the most anti
Speaker 3: Russia president that we've ever had. He he what he
Speaker 3: cared about was stopping Russia.
Speaker 2: That was it a very interesting story.
Speaker 3: I'll have to do that when we talk about the
Speaker 3: birth of JFK or when he was assassinated, because there's
Speaker 3: a whole story there.
Speaker 1: That kind of stuff.
Speaker 2: I love when you do that.
Speaker 1: Oh yeah, that's my favorite Handle stuff is when you
Speaker 1: go deep dives down history.
Speaker 2: Yeah, I thank you for that.
Speaker 3: Okay, coming up, the World Cup and the LA Olympics
Speaker 3: could lose millions of dollars and I'll explain why, and
Speaker 3: it's nothing that you what you're thinking about now?
Speaker 2: And then another personal story I want to share with you.
Speaker 2: KF I am sixty. You've been listening to the Bill
Speaker 2: Handle Show.
Speaker 3: Catch my show Monday through Friday, six am to nine am,
Speaker 3: and anytime on demand on the iHeartRadio app.