Speaker 1: You're listening to KFI AM six forty wake Up Call
Speaker 1: with Me Amy King on demand on the iHeartRadio.
Speaker 2: App k f I and kost HD two Los Angeles, Orange.
Speaker 3: County and.
Speaker 4: Amy.
Speaker 5: Okay, this is your wake up call for Tuesday, September
Speaker 5: twenty fourth.
Speaker 1: It's five o'clock, straight up. Good morning. I'm Amy King.
Speaker 1: We're live everywhere on the iHeartRadio app. Appropriate to play
Speaker 1: that open this morning with our friend Todd. Light out
Speaker 1: at Dodgers Stadium because the Dodgers and the Padres go
Speaker 1: in toe to toe starting tonight. Producer ends given me
Speaker 1: stink eye because she's she's a Padres fan and the
Speaker 1: Dodgers need to win two two two games to clinch
Speaker 1: the division. Go Dodgers. Although I have to say I
Speaker 1: was just reading up on this. The Padres have been
Speaker 1: kind of kicking the Dodgers butts this year. They're like
Speaker 1: they've won. The Dodgers are three and seven against the
Speaker 1: Padres this season. So go Blue. Here's what's ahead on
Speaker 1: wake Up Call. Governor Newsom has signed a bill that
Speaker 1: requires school districts to restrict or band students from using
Speaker 1: cell phones at school. The governor says the state has
Speaker 1: the power to intervene against student and anxiety, depression, and
Speaker 1: mental health issues caused by cell phone use. President Biden
Speaker 1: has said to address the United Nations General Assembly today.
Speaker 1: Vice President Harris will not be attending the UN gathering,
Speaker 1: but it'll be meeting with world leaders this week, including
Speaker 1: Ukrainian President Volodomir Zelenski. We're going to check in with
Speaker 1: ABC's Karen Travers to find out more about what Biden's
Speaker 1: expected to focus on, and also what the Vice President
Speaker 1: is doing and not doing this week. Cargo volume at
Speaker 1: the Port of Long Beach is up twenty percent. Greenhouse
Speaker 1: gases have decreased by seventeen percent. The port's annual emissions
Speaker 1: inventory inventory shows diesel particulates were down by ninety two
Speaker 1: percent twenty twenty three. Other polluting chemicals also drastically reduced.
Speaker 1: The CEO of the Port of Long Beach said the
Speaker 1: ultimate goal is to be an emissions free port. Let's
Speaker 1: get started with some of the stories coming out of
Speaker 1: the KFI twenty four hour newsroom. A new law in
Speaker 1: California mandates schools ban the use of cell phones by
Speaker 1: students on campus. Alex Stone says the law will kick
Speaker 1: in July twenty twenty six.
Speaker 6: Study show test scores rise dramatically when mobile devices are
Speaker 6: limited on campuses, but some parents oppose the move, saying
Speaker 6: they want to have contact with their children.
Speaker 1: School districts, charter schools, and county offices of education have
Speaker 1: less than two years now to come up with poulis
Speaker 1: that limit or ban the use of cell phones by
Speaker 1: students at school. A community activist in South la is
Speaker 1: encouraging the community to help bust up seven eleven robberies.
Speaker 7: A seven eleven store in Pico Union attacked last Friday
Speaker 7: by dozens of young people on bikes, was the latest
Speaker 7: in a string of similar events. LA Public Policy Roundtable
Speaker 7: President Earl o'fari Hutchinson says neighbors need to be more
Speaker 7: active and involved.
Speaker 8: Oftenschim's people do not report what they see, they're watching,
Speaker 8: they observe, and it just falls under the raid ow school.
Speaker 4: That's not going to cut it.
Speaker 7: Hutchinson says he worries some seven eleven stores could close
Speaker 7: over thievery and vandalism, leaving some disadvantaged neighborhoods without access
Speaker 7: to groceries close by.
Speaker 4: Michael Monks KFI.
Speaker 1: News Lebanon's Health Ministries has more than five hundred and
Speaker 1: fifty people have been killed in two days of Israeli
Speaker 1: airstrikes targeting the militant group Hezbolah. Israel's military has been
Speaker 1: warning people in southern and eastern Lebanon to leave areas
Speaker 1: where Hesbola is operating, but ABC's Ian panel says Hesbolah
Speaker 1: has a lot of firepower and support, meaning it can
Speaker 1: do damage to Israel.
Speaker 9: According to the organization, they're capable of hitting almost anywhere
Speaker 9: in Israel and we haven't seen even the least of
Speaker 9: their firepower yet. Israel's invasions and wars in the past
Speaker 9: ultimately didn't make the country safe or damish has Belah.
Speaker 1: Hezbelah has vowed to continue its rocket, missile and drone
Speaker 1: strikes on Israel in solidarity with the Palestinians and Hamas
Speaker 1: in Gaza. Boeing says it has made its best and
Speaker 1: final offer to its thirty thousand striking workers. The workers
Speaker 1: who build Boeing's commercial planes want a forty percent pay
Speaker 1: increase and they want pensions reinstated. Boeing says it's offering
Speaker 1: a thirty percent pay increases over four years. It will
Speaker 1: reinstate bonuses and more money for four oh one case,
Speaker 1: but no pension. Boeing's seven thirty seven, seven sixty seven
Speaker 1: and Triple seven factories have gone dark with the workers
Speaker 1: on strike. Right now, let's say good morning to ABC's
Speaker 1: care Baron Travers Karen. For someone running for president, Vice
Speaker 1: President Harris is being pretty quiet, not really putting herself
Speaker 1: in the spotlight this week.
Speaker 3: Yeah, it was interesting like for the start of the
Speaker 3: week to not see as much of her, and you
Speaker 3: guys will see her later this week. She's heading out west.
Speaker 3: But you know, just the comparison, so we had the
Speaker 3: former president Donald Trump was in Pennsylvania yesterday. He's in
Speaker 3: Georgia today, North Carolina Wednesday, Michigan Friday. Saturday, he will
Speaker 3: be in Wisconsin. The vice president schedule looks a little different.
Speaker 3: She's going to be in Pennsylvania tomorrow for a speech
Speaker 3: on the economy, and then heads out west for an
Speaker 3: event in Arizona Friday, some fundraising we expect in California
Speaker 3: on Saturday, and then another big event in Las Vegas
Speaker 3: on Sunday. So maybe more of like a backloading for
Speaker 3: this week. But you know, today Mark's officially six weeks
Speaker 3: out until election day, so we certainly feel like going
Speaker 3: to start seeing a major increase for all.
Speaker 1: Of their schedules.
Speaker 3: I would have thought at this point they'd be doing
Speaker 3: multiple events each day in the battleground states. This week, though,
Speaker 3: is interesting for her because of the foreign policy focus.
Speaker 3: It's the UN General Assembly in New York. You had
Speaker 3: the president of the UAE at the White House yesterday,
Speaker 3: she met with him separately. Thursday, President Zelensky Ukraine is
Speaker 3: coming to Washington. He will meet at the White House
Speaker 3: with President Biden and have a separate meeting with Vice
Speaker 3: President Harris. So that keeps her in DC in between
Speaker 3: the battleground travel. But you know, it is notable to
Speaker 3: see the difference. Trump's in five battle ground states this week,
Speaker 3: She's in three. The campaign says there's no broader strategy
Speaker 3: to a lighter schedule. They're saying, don't read too much
Speaker 3: into it. More isn't always more, and that they're very
Speaker 3: strategic about where she's going and what she's doing with
Speaker 3: her time.
Speaker 1: But I want to read a little more into it,
Speaker 1: because we do. It still has been when did she
Speaker 1: announce two months ago? She still hasn't sat down. I
Speaker 1: mean with Oprah Winfrey, that doesn't count. That's not a
Speaker 1: news interview. And she did like one kind of she's
Speaker 1: a supporter of HER's yeah, right, but she's not sitting down.
Speaker 1: She hasn't done any press conferences. We still don't know
Speaker 1: exactly where she stands on stuff, and I just it'll
Speaker 1: be interesting to see. I mean, are people just going
Speaker 1: to say, well, we like her better than Biden, and
Speaker 1: we like her better than Trump, so we're going to
Speaker 1: vote for her even though we have no idea like
Speaker 1: what she would do as president.
Speaker 3: You know, I think the campaign would push back on that.
Speaker 3: And this is not me saying this is like what
Speaker 3: the campaign would say is that you know, she is
Speaker 3: out there, she's doing speeches, she laid out policy proposals
Speaker 3: in the debate. Things are on her website of what
Speaker 3: she would do if she were elected. I do think
Speaker 3: on the interview issue, she is not doing national interviews.
Speaker 3: She did the one with CNN, but she has not
Speaker 3: done a press conference with you know, the traveling press
Speaker 3: that's with her or the people in Washington. She's doing
Speaker 3: local interviews. She's doing radio interviews, she's doing local TV,
Speaker 3: she's doing a podcast.
Speaker 1: This week.
Speaker 3: And that's not a surprising strategy when you look at
Speaker 3: how this race is being won or lost. Right now,
Speaker 3: it's seven battleground states and they're trying to focus on
Speaker 3: those voters, and the campaign, you know, and talking with
Speaker 3: strategists inside and outside the campaign will say like, that's
Speaker 3: the target that they need to reach those voters in
Speaker 3: those states, a certain cohort of those voters, and they
Speaker 3: feel that the bang for the buck is by doing
Speaker 3: that type of media that doesn't always sit well with
Speaker 3: the national President's in Washington, DC, who you know is
Speaker 3: covering the campaign writ large and wants to do you know,
Speaker 3: big national interviews or a big press conference, but you know,
Speaker 3: they feel targeted media right now, given the condensed schedule
Speaker 3: that she's on from when she got into the race,
Speaker 3: is more effective for their strategy at this point.
Speaker 1: Okay, and then speaking of strategy, I know we only
Speaker 1: have you for a couple more seconds. But she's meeting
Speaker 1: separately with Zelenski and those kinds of things as opposed
Speaker 1: to meeting with the president. Do they say why she's
Speaker 1: because she's the sitting vice president. Do they say why
Speaker 1: she's meeting separately from Biden with these world leaders.
Speaker 3: They've done this before, even before she was a candidate,
Speaker 3: where she's held her own meetings. It gives her a
Speaker 3: chance to do her own forum policy, you know, conversations,
Speaker 3: and you know, I think for the President and like
Speaker 3: he likes to do one on one meetings, she's also
Speaker 3: in his meetings quite often too. I don't think there's
Speaker 3: anything really like to read into this. It also gives
Speaker 3: her a chance to have a photoop with a significant
Speaker 3: world leader.
Speaker 1: Yeah, all right, Karen Travers, thank you so much. Appreciate
Speaker 1: your information as always, have a great day, all right,
Speaker 1: talk to you soon. Let's get back to some of
Speaker 1: the stories coming out of the KFI twenty four hour newsroom.
Speaker 1: Students and Daniel Pearl Magnet High School in the Valley
Speaker 1: have walked to protest and La School district decision to
Speaker 1: displace two of its teachers.
Speaker 10: Students walked off the campus and marched to the district's
Speaker 10: north offices, asking the district to rehire their music and
Speaker 10: Spanish teachers who have lost their.
Speaker 1: Positions because of under enrollment.
Speaker 10: Senior Genesis Figueroa says music is fundamental to the students.
Speaker 8: That department is shutting down because we don't have the
Speaker 8: funds to hire a new teacher.
Speaker 10: Enrollment overall dropped by thirty two students since last year.
Speaker 10: Students started marching yesterday at three pm, asking the district
Speaker 10: to reconsider its decision.
Speaker 1: Chris Adler kf I News. Two people have interested in
Speaker 1: Riverside County for shoplifting at Target. It was caught on camera.
Speaker 1: Muri at A PD shared video of one of the
Speaker 1: alleged thieves filling up a shopping cart last week while
Speaker 1: the other waited in the parking lot. Police called the
Speaker 1: pair dumb and dummer in a social media post and
Speaker 1: said they didn't know officers were already on the way
Speaker 1: to the scene. Police say they found stolen stuff, plus
Speaker 1: meth and pipes in the car. Both of them were arrested.
Speaker 4: It's time Exon Mobile pays the price or it's the seed.
Speaker 1: California has sued Exon Mobile, claiming the company advertising recycling
Speaker 1: knowing that most plastics are not being recycled. Attorney General
Speaker 1: Rob Bonta says the idea was to make Americans like
Speaker 1: plastic and buy blue bins when it's not good for
Speaker 1: the environment. The company has propped up sham solutions manipulation
Speaker 1: the public. The lawsuit claims ninety two percent of plastic
Speaker 1: waste processed through exonmobiles so called advanced recycling technology, does
Speaker 1: not become recycled plastic. The pseudo ledges plastics produced through
Speaker 1: the program only make up less than one percent of
Speaker 1: exonmobiles total plastic production capacity. LA County has seen the
Speaker 1: number of mpox infections more than double over a four
Speaker 1: week period. The County Department of Public Health says there
Speaker 1: were fifty two cases in the past four weeks. There
Speaker 1: were twenty four in the four weeks before that. Seventy
Speaker 1: percent of the cases are in unvaccinated people. Health officials
Speaker 1: say people in high risk categories in the gay and
Speaker 1: transgender communities need to get vaccinated. Most gen z ers
Speaker 1: say they're underpaid and they're feeling the squeeze.
Speaker 11: I think gen Z is feeling it in a way
Speaker 11: that other generations that this age probably didn't.
Speaker 1: Resumed templates dot Com are actually not resume Resume Templates
Speaker 1: dot Com Chief career strategists Julie Toothacre says eighty seven
Speaker 1: percent of gen Zers feel like they're underpaid, especially with
Speaker 1: the rising cost of living. She says gen zers with
Speaker 1: a college degree should earn about fifty to sixty thousand dollars,
Speaker 1: but in large cities, anything under one hundred grand is
Speaker 1: likely to feel like it's not enough.
Speaker 4: I feel you.
Speaker 1: CalFire says it expects to have the fire burning in
Speaker 1: Orange and Riverside Counties that has destroyed more than one
Speaker 1: hundred and sixty homes and other buildings fully surrounded by today.
Speaker 1: Orange County Fire Authority Captain Steve concialtisays they've been taking
Speaker 1: advantage of cooler temperatures to get lines around the fire
Speaker 1: that has been burning for more than two weeks. Tropical
Speaker 1: Storm Helene is gaining strength in the western Caribbean and
Speaker 1: is expected to become a hurricane before it makes landfall.
Speaker 1: Forecasters say the storm could hit the Florida Panhandle as
Speaker 1: a Category three hurricane on Thursday. Governor Rond De Santis
Speaker 1: has already declared a state of emergency for forty one
Speaker 1: counties along the coast and inland as the storm approaches.
Speaker 1: The lights on Broadway are going to be dimmed to
Speaker 1: honor the life of two time Tony Award winner James
Speaker 1: Earl Jones. The lights will go dark on Thursday night
Speaker 1: Jones got his start on Broadway as an understudy in
Speaker 1: The Egghead in nineteen fifty seven. James Earl Jones died
Speaker 1: earlier this month at the age of ninety three, at
Speaker 1: six oh five. It it's handled on the news. Exxon
Speaker 1: is getting sued by the state of California. Let's say
Speaker 1: good morning to the host of How to Money right
Speaker 1: here on KFI. It's Joel Larsgard. Joel, I got to
Speaker 1: start this by saying that we've been talking about interest
Speaker 1: rates and how they're pretty crazy high. I just got
Speaker 1: a statement or a notification from my Macy's America American
Speaker 1: Express card the APR as a last month thirty four
Speaker 1: point four to nine percent. Oh gosh, thirty four point
Speaker 1: four nine percent. Yeah, that's like those payday loans that
Speaker 1: are that. Didn't they get busted for charging those just
Speaker 1: crazy high rates.
Speaker 12: Yeah, they're legal in so many states to charge over
Speaker 12: a certain interest rate percentage. And you're right, these credit
Speaker 12: card interest rates have gone gone through the roof, and
Speaker 12: I do think this rate cut will lead to I mean,
Speaker 12: I've already gotten to notice from my save mus account
Speaker 12: saying hey, listen, starting today on the twentieth right after
Speaker 12: the announcement you're what we're paying you goes down by
Speaker 12: half percent, and I think we're going to see credit
Speaker 12: card interest rates come down, But think about it, they're
Speaker 12: so high in the stratosphere. It's not like it's going
Speaker 12: to make a massive difference for people who have credit
Speaker 12: card debts. So it's despite this rate cut, and despite
Speaker 12: credit card interest rates going down a little bit, it
Speaker 12: still makes sense to pay off your cards as quickly
Speaker 12: as humanly possible.
Speaker 1: Yeah, especially because I don't I don't pay attention that much.
Speaker 1: I should technically have decent rates because I have really
Speaker 1: good credit. But I got that note and I was like,
Speaker 1: you've got to be kidding me.
Speaker 4: Well, you know what I want.
Speaker 12: What I care about is actually, in some ways, I
Speaker 12: don't care about the interest rate on credit cards at all,
Speaker 12: because I want people to use them, and granted only
Speaker 12: half of Americans do, but I want people to use
Speaker 12: them as a method of payment that they pay off
Speaker 12: on time and in full at the end of the month.
Speaker 12: So essentially, if that's the case, the interest rate doesn't
Speaker 12: matter to you. It doesn't matter if it's five percent
Speaker 12: or if it's fifty percent, because you're not paying the
Speaker 12: banks any money, and so yeah, definitely taken into consideration.
Speaker 12: Make sure you're not on the bad side of that,
Speaker 12: paying those banks, paying the credit card companies interest every
Speaker 12: single month. But if that's the case, then whatever that
Speaker 12: number says on your statement, it shouldn't matter to you.
Speaker 1: Hopefully well, and I do pay off my Macy's every
Speaker 1: time I charge on my Macy's. So I just got
Speaker 1: to not forget to pay it off because otherwise you're
Speaker 1: just going to get slammed. And okay, so let's speak
Speaker 1: about That kind of leads us into our topic for today,
Speaker 1: which is some of the things that the presidential candidates
Speaker 1: are trying to roll out as campaign promises, and one
Speaker 1: of them is that Trump is saying that he wants
Speaker 1: to cap credit card interests straight to ten percent.
Speaker 12: It sounds nice, it does, but it's nice well, especially
Speaker 12: if you are one of those people who has a
Speaker 12: lot of credit card debt and you're sitting there and
Speaker 12: you're looking at the statement, You're like, this is twenty
Speaker 12: six percent. When am I and how am I ever
Speaker 12: going to pay this off? And I completely understand where
Speaker 12: you're like, how you're feeling, and how that impacts your finances.
Speaker 12: The problem is a lot many of the economic proposals
Speaker 12: being floated by both candidates are just not good for
Speaker 12: the economy. And maybe they're good for a particular person
Speaker 12: in a specific scenario, but overall they're just bad from
Speaker 12: an economic standpoint. So there's actually a poll that just
Speaker 12: came out about how ordinary people feel about the economic
Speaker 12: proposals from both candidates, and then what economists think about that.
Speaker 12: There's like, for instance, the proposal to eliminate taxes on
Speaker 12: tips for service workers, and that was floated by Trump initially,
Speaker 12: and then Kamala Harris said, yeah, that sounds good. That's
Speaker 12: gonna be on my a agenda too. Seventy nine percent
Speaker 12: of ordinary people say that's a good thing. Ten percent
Speaker 12: of economists say that's a good thing. Okay, there's yeah, okay. So,
Speaker 12: because there's all these ways in which you can tax
Speaker 12: income differently, and if you start to segment out little pieces,
Speaker 12: say okay, well, if it's tips, then we're not going
Speaker 12: to tax that. Think about all the ways companies are
Speaker 12: going to try and call certain wages tips for the
Speaker 12: benefit employers. It creates like false incentives for companies and
Speaker 12: for individuals to report certain income as tip based income.
Speaker 12: Think if you're like a sub stack writer, right, and
Speaker 12: you make money that way, and you can say, well, no,
Speaker 12: those are tips. People pay me ten bucks a month,
Speaker 12: and I'm going to consider that tips. That's not wages.
Speaker 12: So it just creates this interesting dichotomy that forces people
Speaker 12: to try and report wages in a certain way. And
Speaker 12: so I think what's intended to kind of help people
Speaker 12: maybe in the service industry ends up becoming this nightmare
Speaker 12: from IRS tax perspective. There's so many other proposals, Like, honestly,
Speaker 12: I've never seen a more bipartisan awfulness in the economic space.
Speaker 12: What we're experiencing this year, Like it truly is red
Speaker 12: and blue not knowing up from down when it comes
Speaker 12: to when it comes to economic policy.
Speaker 1: Okay, so the other thing that I really want to
Speaker 1: talk about is the unrealized gains on capital.
Speaker 12: Unrealized capital gains tax.
Speaker 1: Yeah, that's what I'm trying to say exactly. I've been
Speaker 1: saying it a lot. Now I can't get it out
Speaker 1: of my mouth because so I got to understand this,
Speaker 1: because I keep saying they can't possibly be trying to
Speaker 1: get this through, but apparently they are. Then this is
Speaker 1: part of Harris's plan is to tax unrealized capital gains.
Speaker 1: What does that mean and how would it happen?
Speaker 12: Well, like I said, there's so many bad economic proposals
Speaker 12: this time around, it's hard to pick a worst one.
Speaker 12: This might be the worst one. And I want to
Speaker 12: say start out by saying, too, people hear these the
Speaker 12: ad pausium knee jerk proposals on the campaign trail, and
Speaker 12: they kind of take it as, oh, great, if I
Speaker 12: vote for this person, this is what's going to happen.
Speaker 4: The truth is, many, many, many.
Speaker 12: Of these things will not come to pass, largely because
Speaker 12: the president in and of themselves don't have the authority
Speaker 12: to institute these things, and they probably don't have the
Speaker 12: backing of do nothing Congress to actually get anything these
Speaker 12: things done either. So I want to preface it by
Speaker 12: saying that maybe take these proposals with a grain of salt,
Speaker 12: but yes.
Speaker 1: We'll talk about what it is so people know, because
Speaker 1: I think people don't really understand, and she's not talking
Speaker 1: about it very much, like we kind of got wind
Speaker 1: of it and then it's not being talked about a lot.
Speaker 1: But it's a pretty substantial thing.
Speaker 12: Yes, Yes, So in some ways it's substantial. In other
Speaker 12: ways it's not so For the average person, this is
Speaker 12: essentially would be some sort of a wealth tax where
Speaker 12: if you have a net worth of one hundred million
Speaker 12: dollars from more, which I'm guessing any you're getting close
Speaker 12: to there, but most of most of the folks listening
Speaker 12: not quite in that category yet. And this is this
Speaker 12: wouldn't impact somebody's four oh one k let's say, at
Speaker 12: least in the essence that you would have to pay
Speaker 12: taxes on. Let's say the stock market experience is this
Speaker 12: huge run up and the government says, hey, listen, your
Speaker 12: net worth increased by four million dollars last year. Congratulations,
Speaker 12: Now you owe I know you're not cashing out any
Speaker 12: of those funds, but you still owe tax on the increase.
Speaker 1: Because on paper you have this much more money. That's right,
Speaker 1: So they're saying pay us now as opposed to when
Speaker 1: you cash it out.
Speaker 12: Think of it just just from an example that again
Speaker 12: this isn't the proposal, but for the average person, if
Speaker 12: your home value went up by a million dollars over
Speaker 12: the course of ten years, and they said, well, every
Speaker 12: year that goes up, but little by little you're going
Speaker 12: to owe tax on the increase. And again this isn't
Speaker 12: targeted towards normal everyday focus. This is targeted towards the
Speaker 12: uber rich. And so this isn't going to impact you directly,
Speaker 12: but it might impact you indirectly. And in that basically
Speaker 12: is because the ultra rich think about how it's going
Speaker 12: to change the way they handle their own taxes, the
Speaker 12: way they handle their own investments. This could have like
Speaker 12: downstream impacts and it's a really hard thing, by the way,
Speaker 12: for the government to actually impose, Right, so how do
Speaker 12: you and then does the government offer a refund in
Speaker 12: years where the stock market is down, in years where
Speaker 12: the real estate market is down. I mean, it's one
Speaker 12: of those really odd proposals that pretty much every economist
Speaker 12: says is dead in the water and would cause negative
Speaker 12: consequences and wouldn't Actually this, I think is what this is. Really.
Speaker 12: It's appealing to a populis sentiment that the billionaires don't
Speaker 12: pay enough in tax, which might have some sort of
Speaker 12: reality to it, but then it doesn't actually address it
Speaker 12: in a helpful way. It addresses it in a really
Speaker 12: punitive way that could could have downstream negative impacts for everyone.
Speaker 1: Okay, So what we take from this is one they're
Speaker 1: making a lot of promises too. They probably can't keep
Speaker 1: a lot of them, sure, but we should know what
Speaker 1: they are and educate ourselves on what they are, because
Speaker 1: again you said, a ten percent cap on credit cards
Speaker 1: sounds great, but maybe it's not. So read up on it,
Speaker 1: find out.
Speaker 12: And I really wish I could say, oh, one candidate
Speaker 12: has more economic sense than the other. But when you
Speaker 12: look at all these proposals again go back to that
Speaker 12: penalizing companies that engage in food gouging, that's another thing.
Speaker 12: Everybody says, yeah, that sounds like a good idea, except
Speaker 12: for the economists. They say that's a really bad idea.
Speaker 12: There's all of these proposals being made, many of which
Speaker 12: will not come the past don't stand a chance. They
Speaker 12: just sound good, and so the public says, oh, yeah,
Speaker 12: prices are too high, yet you're going to do something
Speaker 12: about that. I'm going to vote for you. And so
Speaker 12: it's a lot of pie in this guy promise. There
Speaker 12: really isn't going to lead to much change on the ground,
Speaker 12: and many of these things are just stand no chance
Speaker 12: at all of actually coming to fruition.
Speaker 1: All right, Joel Larsgard, host of How to Money. Right
Speaker 1: here on KFI. You can listen to more great money
Speaker 1: advice and tips Sundays from noon to two with Joel,
Speaker 1: or you can follow him or does it have to
Speaker 1: be an either or and you can follow him at
Speaker 1: how to Money. Joel. Thank you so much, Joel, have
Speaker 1: a great week.
Speaker 12: Thanks Amy, you too.
Speaker 1: All right, hey, the Dodgers are taken on the padres
Speaker 1: tonight at Dodgers Stadium. First pitch goes out at seven,
Speaker 1: and as we said, the Dodgers need to win two
Speaker 1: of those games to clinch their division for the third
Speaker 1: straight year. Listen to every play of every game on
Speaker 1: AM five to seventy LA Sports, and you can stream
Speaker 1: all the games in HD on the iHeartRadio app. Keyword
Speaker 1: is AM five to seventy LA Sports powered by LA
Speaker 1: Care for All of La. Exon has fired back at
Speaker 1: California's lawsuit, claiming the oil giants said it was creating
Speaker 1: more single use plastics instead of recycling plastics that are
Speaker 1: safe for the environment. Exon responded by saying California has
Speaker 1: known for decades its recycling system was ineffective and is
Speaker 1: now looking for someone to blame. The US is sending
Speaker 1: more US troops to the Middle East. The Pentagon says
Speaker 1: the US is beefing up its presence a bit out
Speaker 1: of an abundance of caution as things continue to heat
Speaker 1: up between Israel and Hesbelah. Israeli airstrikes in Lebanon yes
Speaker 1: today killed almost five hundred people. Police are looking for
Speaker 1: a person who has stabbed three people in the Westlake
Speaker 1: neighborhood the LAPDSS. The stabbings happened just after midnight on
Speaker 1: South Reno Street. The stabber ran off, the people stabbed
Speaker 1: had been taken to the hospital. At five point fifty.
Speaker 1: We're going to be talking with ABC's Steven Portnoy. There's
Speaker 1: new information about the man who allegedly attempted to assassinate
Speaker 1: former President Trump at his golf course in West Palm Beach.
Speaker 1: So the big question of the day is is it
Speaker 1: too soon to decorate for Halloween? And the reason that
Speaker 1: I'm presenting this question is because it took like everything
Speaker 1: I had in me not to get out my Halloween
Speaker 1: decorations and decorate over the weekend. It's only mid September,
Speaker 1: and but it feels like Halloween is getting here, probably
Speaker 1: because you know, like Disneyland has its Halloween going and
Speaker 1: Universal Studios and Magic Mountain and Dark Harbor at the
Speaker 1: Queen Mary, like all this Halloween stuff is already happening.
Speaker 1: The Halloween stuff has already come and gone from the
Speaker 1: stores because now they're putting Christmas out. So and I'm
Speaker 1: a one holiday at a time person, like I like
Speaker 1: to do decorate for Labor Day, put out my flags
Speaker 1: and stuff, and then after that's done, you go onto
Speaker 1: the next one, and there's that big gap, and maybe
Speaker 1: that's why it is. But then after Halloween is Thanksgiving,
Speaker 1: and so you decorate for Thanksgiving, and then you put
Speaker 1: Christmas up after Thanksgiving, and then after Christmas then you
Speaker 1: can decorate for Valentine's Day, and then after Valentine's Day
Speaker 1: you can do Saint Patrick's Day, and then after Saint
Speaker 1: Patrick's Day you can do Easter. But it's one at
Speaker 1: a time. So I'm kind of curious are you starting
Speaker 1: your decorations, because according to a study, seventy nine percent
Speaker 1: of Americans are planning to decorate for Halloween this year.
Speaker 1: That was up from seventy one percent the year before.
Speaker 1: And I hear that you are already on board. Oh,
Speaker 1: one hundred percent what you got up already got it out.
Speaker 1: I've got it, not all of it. I'm not crazy,
Speaker 1: but I put a lot of money and effort into
Speaker 1: this stuff. We build things we I yeah, I mean home.
Speaker 13: If you go to Home Goods right now, they're almost
Speaker 13: all out of Halloween stuff. It goes so fast. And
Speaker 13: I really like to enjoy all my Halloween stuff. You
Speaker 13: know that, And you know what, it makes me happy. Well,
Speaker 13: and I just care what the calendar says.
Speaker 1: Yeah, okay, well I put out my my Halloween coffee mugs.
Speaker 1: But that's where you go. That's that's all I've done,
Speaker 1: all right. And Nick Pouliochanni, we know is a huge.
Speaker 4: Halloween coffee mugs. Amy, I love it. I just dipped
Speaker 4: my chest to Halloween coffee mugs. Yeah, we love it. No,
Speaker 4: that's good.
Speaker 1: When is it okay to start decorating? Because I know
Speaker 1: this is this is your season?
Speaker 4: Well it is.
Speaker 2: But I think that's the hardest thing is because we
Speaker 2: have this unusual lull after the fourth of July. So
Speaker 2: the fifth of July is when you start seeing things
Speaker 2: for Halloween show open stores because we have this lull
Speaker 2: because there's really, like you don't decorate for Labor Day
Speaker 2: after fourth of July.
Speaker 4: So like there's kind of this big what's Labor Day decorating?
Speaker 1: We American flags and stuff.
Speaker 4: But that's fourth of July. Like you just don't put
Speaker 4: it away.
Speaker 2: Oh okay, that's what I'm saying, Like you don't there's
Speaker 2: no real change, Like fourth of July. The summer season
Speaker 2: is all about patriotism, and that's a great opportunity for
Speaker 2: you to celebrate people, you know, the Labor Party and
Speaker 2: all that things all the way through Labor Day. But
Speaker 2: then you really don't have any correct, exactly right, exact way,
Speaker 2: and so that's it is, so like you really start
Speaker 2: that the next major holiday doesn't come and tell Halloween,
Speaker 2: and so that's kind of the next transition over to
Speaker 2: the fall season. And so that's why I think this
Speaker 2: is really that big major push to now here comes
Speaker 2: back in school. I mean, I guess back to school
Speaker 2: would be the next big thing that hits the stores.
Speaker 2: So I mean, right, well, I mean the stores seem
Speaker 2: to they put out you know, you get your pencils
Speaker 2: and you're all your friend. I feel like Jack, you
Speaker 2: know what's his name, Jack Ryan? No, Jack Ryan is nevermind. Anyway,
Speaker 2: I think we're in the middle of it. Jack Ryan
Speaker 2: is like from the thing I was trying to think,
Speaker 2: why can't I remember what his name is? Who's our
Speaker 2: ABC News anchor? Or, who's our person? Jim Ryan, Jim Ryan,
Speaker 2: Jim Ryan. There we go, We'll.
Speaker 1: Ask Jim Ryan about it. Have you gues started decorating yet? Oh?
Speaker 2: Absolutely, because my very first do you have to blow
Speaker 2: up inflatables have already been not?
Speaker 1: Yeah?
Speaker 2: I mean that's the thing is everything goes up, you know,
Speaker 2: in August for me because that's just what it is.
Speaker 2: But then again, my birthday is Halloween, so I'm a
Speaker 2: I'm an outlier because you know Halloween, being born on Halloween,
Speaker 2: I mean, Halloween is all your long and even the
Speaker 2: funny part when you were saying you like to celebrate
Speaker 2: a each holiday individually, well, since nightmb before Christmas thirty
Speaker 2: years ago, you literally have this holiday celebration that's a
Speaker 2: merger of holidays where you have Halloween merges all the
Speaker 2: way straight on through into Christmas. So it's kind of
Speaker 2: hard because you have even a group of people globally
Speaker 2: for thirty years who have celebrated, you know, Halloween all
Speaker 2: the way straight on through indourcals.
Speaker 1: Come on one at a time.
Speaker 4: Conor holiday, Yeah, come on girl.
Speaker 14: Yes, my wife has decorated the house and I have
Speaker 14: put out the pumpkin, the blow up pumpkin.
Speaker 1: If you have an inflatable too.
Speaker 14: Yeah, I like the inflatables. I definitely like the inflatables.
Speaker 14: The more scary decorations. My wife likes the cutesie and
Speaker 14: I'm like, no, I'm.
Speaker 1: Totally with her. I want to scare the kids now coming.
Speaker 1: I don't want scary spiders. I want cute spiders.
Speaker 14: No, I want the people coming out of like my lawn,
Speaker 14: like the vili and yeah, like I like all of
Speaker 14: that thing.
Speaker 1: And that's what Anne likes too, because look at her
Speaker 1: nodding her head.
Speaker 4: So we get along.
Speaker 1: When when is too early to decorate? Thirty seven percent
Speaker 1: of people put up their decorations in the first week
Speaker 1: of October. Nineteen percent wait until the week of the holiday.
Speaker 1: See I think that's too long.
Speaker 4: No, wait too late.
Speaker 1: Okay, So that only makes up thirty seven and nineteen
Speaker 1: So that's just under sixty percent. So that means the
Speaker 1: rest of us are decorating before the first of October. Yeah,
Speaker 1: so get with it. I think that you've convinced me though,
Speaker 1: even though I don't like to go too soon, I
Speaker 1: think it's time. This weekend is decoration time. We're spending
Speaker 1: twelve point two billion dollars on Halloween this year. Just
Speaker 1: so you know, if you're wondering why you're checking accounts
Speaker 1: a little low, let's get back to some of the
Speaker 1: stories coming out of the KFI twenty four hour newsroom.
Speaker 1: Former USC Heisman Trophy winner Reggie Bush has followed a
Speaker 1: lawsuit against the university, the PAC twelve conference, and the
Speaker 1: nc DOUBLEA. He wants to be compensated for his name,
Speaker 1: image and likeness when he played for the Trojans. Bush
Speaker 1: attorney Evan Selik says the suit contends USC, the PAC
Speaker 1: twelve and then nc DOUBA profited greatly from TV contracts,
Speaker 1: merchandise sales, and media rights that stemmed from Bush's football career,
Speaker 1: and he was not compensated at the time due to
Speaker 1: NCUBA regulations. An elderly man's been hit and killed by
Speaker 1: a bus near the Puente Hills Mall in the City
Speaker 1: of Industry. It happened just before six last night on
Speaker 1: Azusa Avenue. CHP Captain Melissa Hammond says, investigator are trying
Speaker 1: to figure out how it happened.
Speaker 8: If anybody has captured the footage, if any Tesla drivers
Speaker 8: were in the area that may be willing to cooperate
Speaker 8: and provide footage from their vehicles, And again we're contacting
Speaker 8: local surrounding businesses to see what, if any if they
Speaker 8: have security cameras that could help.
Speaker 1: The man was pronounced dead at the scene. No one
Speaker 1: on board the Foothill Transit bus was hurt. A bear
Speaker 1: in Sierra Madre has gotten a little bit too comfortable
Speaker 1: in the crawl space underneath the couple's home.
Speaker 4: It was really big, but totally harmless.
Speaker 1: Bob and Susan Essler say the bear mostly minds his
Speaker 1: own business, leaves late at night, and then returns early
Speaker 1: in the morning without bothering anyone.
Speaker 4: I wasn't too concerned.
Speaker 1: I figured he'd eventually go away.
Speaker 4: If it was a grizzly bear, i'd pack and go.
Speaker 5: But it's a black bear, so he's not too If
Speaker 5: I don't bother him, he's not going to bother.
Speaker 1: Me, The couple tells KTLA they call the bear Junior.
Speaker 1: Bob says his biggest complaint is that the bear leaves
Speaker 1: piles of scat as he put it, Bear sightings in
Speaker 1: the area not unusual. The couple says they've been in
Speaker 1: contact with wildlife officials, but only want the bear removed
Speaker 1: if it can be done humanely. Junior, the bear, that's
Speaker 1: so cute. Hey, we were just talking about Halloween and
Speaker 1: it is Halloween time at the Disneyland Resort. K I
Speaker 1: AM six forty wants to give you a chance to
Speaker 1: experience the frightful fun at the Disneyland Resort now through
Speaker 1: October thirty. First, you're going to find fiendishly tasty treats,
Speaker 1: thrills for one and all, and beautiful decor for both
Speaker 1: Disney California Adventure Park and Disneyland Park. Keep it right
Speaker 1: here on KFI because wake Up Call is going to
Speaker 1: have your chance to win a four pack of one
Speaker 1: day one park tickets to the Disneyland Resort. Faculty at
Speaker 1: several uc campuses have filed an unfair labor practice claim
Speaker 1: against the system's administrators. They're accusing the campuses of violating
Speaker 1: labor law by cracking down on professors who joined in
Speaker 1: on pro Palestinian protests. Some faculty members have been disciplined
Speaker 1: for supporting on campus encampments. Thousands are fleeing South Lebanon
Speaker 1: as Israel carries out its deadliest bombardment in the country
Speaker 1: since It's war with hides BLA in two thousand and six.
Speaker 1: Packing suitcases, mattresses, blankets, and rolled up carpets. Families have
Speaker 1: jammed highways leading to Beirut. Almost five hundred people were
Speaker 1: killed by Israeli airstrikes in Lebanon yesterday. The Dodgers will
Speaker 1: begin a three game series against the Padres tonight at
Speaker 1: Dodgers Stadium. The Dodgers need to win two of those
Speaker 1: games to clinch their third consecutive National League West title.
Speaker 1: They've got their work cutout for him. The Dodgers are
Speaker 1: three and seven against San Diego this season. Let's say
Speaker 1: good morning now to ABC's Stephen Portnoy. Stephen, the man
Speaker 1: who was lying in wait for former President Trump at
Speaker 1: his golf course has had a court appearance. What did
Speaker 1: we find.
Speaker 6: Out, Well, we found out the prosecutors say Ryan Ruth
Speaker 6: engaged in a month long plan to assassinate Donald Trump,
Speaker 6: that he spent roughly thirty days in South Florida trying
Speaker 6: to stalk Trump and ultimately established a sniper position outside
Speaker 6: the West Palm Beach Golf Club, like something out of
Speaker 6: the movies or out of a war zone, according to prosecutors.
Speaker 6: So there was a handwritten note that we heard so
Speaker 6: much about yesterday that prosecutors say Ryan Routh sent to
Speaker 6: a friend and it was in a box months ago,
Speaker 6: in which he said, dear world, this was an assassination
Speaker 6: attempt on Donald Trump, but I'm so sorry I failed you.
Speaker 6: And in the letter he offers a bounty for anyone
Speaker 6: who could complete the job. Now, obviously there's a great
Speaker 6: deal of curiosity about the timing of that letter months ago.
Speaker 6: You know what is all this? Well, we don't know
Speaker 6: the answer.
Speaker 1: The thing that I was wondering about, Stephen, is the
Speaker 1: if it was sent months ago and the person did
Speaker 1: the person open it at the time, or did the
Speaker 1: person not open it, or was there something on it
Speaker 1: that said like don't open till Christmas.
Speaker 6: I don't know the answer to that. This was in
Speaker 6: a court filing, as it was only ten pages and
Speaker 6: those details were not inside, but it said simply here quote.
Speaker 6: On September eighteenth, which was last week, law enforcement was
Speaker 6: contacted by a civilian witness who stated that Ruth had
Speaker 6: dropped off a box at his read several months prior.
Speaker 6: After learning of the incident at Trump International on September fifteenth,
Speaker 6: the witness opened the box. The witness stated the box
Speaker 6: contained ammunition, a metal pipe, miscellaneous building materials, tools, four phones,
Speaker 6: and various letters. And one of those letters, addressed to
Speaker 6: the world said what we said that it was an
Speaker 6: assassination attempt. So that's a bit more detail in terms
Speaker 6: of what else was in that box. But it's interesting,
Speaker 6: very bizarre.
Speaker 1: Yeah, okay, So when Ralph was in court yesterday, was
Speaker 1: it just to decide whether he could have bail or not,
Speaker 1: or did they formally charge him or what was the
Speaker 1: official seedings of yesterday?
Speaker 6: This was a pre trial detention hearing before a magistrate judge,
Speaker 6: a pretty pro forma and perfunctory. The question is is
Speaker 6: this man a danger? Does he is there a risk
Speaker 6: of flight? And the should a bail be set? The
Speaker 6: answer was no bail should be set. The hearing lasted
Speaker 6: three hours and we learned a bit more about the
Speaker 6: prosecution's case and the strength of the evidence. Now what happens.
Speaker 6: Remember two federal charges have been entered in this case.
Speaker 6: Both of them related to the firearm, the SKS Soviet
Speaker 6: style rifle that was found on long the fence line
Speaker 6: at Trump International Golf Club. The charges are related to
Speaker 6: Ryan rout Ruth's Ryan Ruth's criminal passed because he was
Speaker 6: a convicted felon, so he shouldn't have had a firearm.
Speaker 6: And the other fact is that the serial number was
Speaker 6: etched out and that's a crime. So those are the
Speaker 6: two charges so far. But prosecutors indicated an open court
Speaker 6: yesterday that they're going to go to the grand jury
Speaker 6: and they're going to seek a charge of attempted assassination
Speaker 6: of a presidential candidate, a federal crime which carries a
Speaker 6: maximum sentence of life in prison.
Speaker 1: And because he didn't actually pull the trigger, he didn't
Speaker 1: actually attempt to assassinate him, but he planned it, do
Speaker 1: they get you on like a conspiracy theory or.
Speaker 6: At well, I mean, look, the fact is that the
Speaker 6: weapon was being aimed, okay, And so I don't know
Speaker 6: that you could avoid a charge of attempted murder just
Speaker 6: because or attempted assassination just because the trigger wasn't pulled.
Speaker 6: And that'll be something that prosecutors and the defense lawyers
Speaker 6: will know, perhaps argue if they need to before the jury,
Speaker 6: but I don't see why the fact that the trigger
Speaker 6: wasn't pulled means that it wasn't an attempt.
Speaker 1: Gotcha? Okay, Well, it really bizarre case, like you said,
Speaker 1: and it'll be interesting to see what happens next. Do
Speaker 1: we know when he is the next court date?
Speaker 6: I believe there's an arraignment set for next week, so
Speaker 6: or at least the days ahead. I'm not exactly sure,
Speaker 6: but the bottom line is yesterday was an opportunity for
Speaker 6: the world to get a bit more of a sense
Speaker 6: of what the evidence is against this man, Ryan Ruth,
Speaker 6: and the process will move forward. He's been defended so
Speaker 6: far by a court appointed public defender. I don't know
Speaker 6: whether that will change, but so far that is the circumstance.
Speaker 1: All right, Steven Portenoy, thanks so much for the information.
Speaker 2: You bet.
Speaker 1: All right, let's get back to some of the stories
Speaker 1: coming out of the KFI twenty four hour newsroom. A
Speaker 1: teacher at Daniel Pearl Magnet High School in the Valley
Speaker 1: who lost his job because of low enrollment has been reinstated.
Speaker 1: About one hundred kids walked out of class and marched
Speaker 1: to school district offices in support of the teachers yesterday.
Speaker 1: Sophomore Nadia Buer says cutting teachers will cause a downward spiral.
Speaker 8: Without having those teachers will start to lose more enrollments
Speaker 8: and our school may be closed.
Speaker 1: The district told students and staff yesterday that music teacher
Speaker 1: Wes Hambright was reinstated. Spanish teacher Glenda Hurtado is still
Speaker 1: losing her job. A program in La that dispatches social
Speaker 1: workers to some emergency calls is expanding.
Speaker 7: The Unarmed Crisis Response Pilot program has been approved to
Speaker 7: add three more LAPD divisions to its list of service areas,
Speaker 7: but City Councilman Unisses Hernandez says now the city needs
Speaker 7: to beef up its emergency dispatch center to handle the
Speaker 7: call volume.
Speaker 11: It doesn't matter how many teams we built, circle on
Speaker 11: our prices response any other additional teams if we do
Speaker 11: not have a dynamic and responsive dispatching system.
Speaker 7: The city council approved expanding the program to the Police
Speaker 7: Department's Olympic, West Valley and West LA divisions in downtown La.
Speaker 4: Michael Monks KFI News.
Speaker 1: The five day workweek has been the corporate standard for
Speaker 1: a long time at ABC Staria Albinger says that might
Speaker 1: not be the case much longer.
Speaker 15: CEO of Four Day Week Global and nonprofit that coaches
Speaker 15: companies through the process, says one less day on the
Speaker 15: job has been shown to improve mental and physical health
Speaker 15: and that can improve productivity.
Speaker 1: She says more companies are exploring the option of a
Speaker 1: four day work week, sometimes with employees working longer hours.
Speaker 1: You only have three days longer to wait until Neil
Speaker 1: Savader and I go over the edge for the Union
Speaker 1: Rescue Mission. The countdown is on. Neil and I are
Speaker 1: going to be repelling off the Universal Hilton over by
Speaker 1: Universal Studios twenty five stories down to raise money for
Speaker 1: the Union Rescue Mission, which is fighting homelessness. And if
Speaker 1: you are you've heard us talking about it. If you're
Speaker 1: on the edge about whether to donate, we do hope
Speaker 1: that you well. We know it's your harder and money
Speaker 1: and we know that money is tight these days. But
Speaker 1: these people actually are benefiting from what the Union Rescue
Speaker 1: Mission is doing. We talked to Jody Cobb, who's one
Speaker 1: of the success stories. Yesterday she was homeless, she's back
Speaker 1: on her feet, she's in housing. She's working and she's
Speaker 1: paying it forward now and helping other people now. So
Speaker 1: as mother Teresa said, you can't feed one hundred people,
Speaker 1: you can feed just one. And so the Union Rescue
Speaker 1: Mission is asking you to just help one, and you
Speaker 1: can just help one by making a donation to either
Speaker 1: nil or to me for Team iHeart. We've got several
Speaker 1: people who are going to be repelling and we would
Speaker 1: love it. Five dollars, fifty dollars, five hundred dollars, will
Speaker 1: take it all. It's at just help one dot org.
Speaker 1: And again we're going to be repelling on Friday, and
Speaker 1: we hope you'll make a donation before then, and I'll
Speaker 1: just say a reemptive thank you. This is KFI and
Speaker 1: kost HD two Los Angeles, Orange County. We lead local
Speaker 1: live from the KFI twenty four hour newsroom. I'm Amy King.
Speaker 1: This has been your wake up call, and if you
Speaker 1: missed any of wake Up Call, you can listen anytime
Speaker 1: on the iHeartRadio app. You've been listening to wake Up
Speaker 1: Call with me, Amy King. You can always hear wake
Speaker 1: Up Call five to six am Monday through Friday on
Speaker 1: KFI AM six forty and anytime on demand on the
Speaker 1: iHeartRadio app,