Speaker 1: You're listening to wake Up Call on demand from KFI
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Speaker 3: This is Amy King with kfi's wake Up Call. How
Speaker 3: do you hear me?
Speaker 2: I can hear you loud and clear.
Speaker 1: And it's time for your morning wake up call.
Speaker 5: Landed and its name is Amy k.
Speaker 6: Here's Amy King.
Speaker 7: This is.
Speaker 8: Yah.
Speaker 3: It is five oh one. So if you set your
Speaker 3: alarm for five o'clock, get up. You're late. This is
Speaker 3: your wake up call for Tuesday, February eleventh. Good morning,
Speaker 3: I'm Amy King. We're live everywhere on the iHeartRadio app.
Speaker 3: Got so much going on today. I know I say
Speaker 3: that a lot, but it's always true. Here's what's ahead
Speaker 3: on wake Up Call. Well, here comes the rain again,
Speaker 3: and a lot of it. The National Weather Services issued
Speaker 3: a flash flood watch for most of the Southland. Now
Speaker 3: it doesn't start till Thursday. One and a half to
Speaker 3: three inches of rains expected in the valleys and coastal areas.
Speaker 3: Three to six inches of rain could fall in the
Speaker 3: foothills and mountains. The heaviest rain expected on Thursday, and
Speaker 3: the thread of debris and mudflows, especially concerning in the
Speaker 3: recent wildfire burn areas. FEMA and the US Army Corps
Speaker 3: of Engineers will begin removing fire debris from homes destroyed
Speaker 3: in last month's wildfires. That work begins today. Residents who
Speaker 3: want free debris removal have to submit a write of
Speaker 3: entry form by March thirty. First. Forms are available online
Speaker 3: and at any FEMA Disaster Recovery center. President Trump says
Speaker 3: all hell will break out and he'll call for the
Speaker 3: end of the Israel Hamas ceasefire if every Israeli hostage
Speaker 3: isn't released from Gaza by Saturday. AMASS announced yesterday it
Speaker 3: was delaying the next group of hostages to be released
Speaker 3: that was supposed to happen that's Saturday. We're gonna be
Speaker 3: talking with kfi's White House correspondent John Decker about that
Speaker 3: and also who the President is welcoming to the White
Speaker 3: House today. Mike Dubuski's joining us at five thirty. People
Speaker 3: apparently are swiping less. We're going to dig into that
Speaker 3: a little bit. What fees are fair when it comes
Speaker 3: to your investments. We'll find out from our host of
Speaker 3: How to Money on KFI, Joel Larsgard. That's at five
Speaker 3: point fifty. More people answering Uncle Sam's call. We'll find
Speaker 3: out what that's all about with ABC's Jim Ryan at
Speaker 3: five twenty and also sometime this hour, we have tickets
Speaker 3: to see Dear Evan Hanson. It's coming to the Cbritos
Speaker 3: Center for the Performing Arts this weekend, and we're going
Speaker 3: to be giving those tickets away this hour, so keep
Speaker 3: your phones close. It is a Tony Award winning show
Speaker 3: from Broadway, and they also made a movie about it,
Speaker 3: which I just watched yesterday. It's such a great, great show.
Speaker 3: Love it so again, Dear Evan Hanson. Tickets coming up
Speaker 3: this hour, so stick with us. But let's get started
Speaker 3: with some of the stories coming out of the KFI
Speaker 3: twenty four hour newsroom. A convicted felon who joined an
Speaker 3: immigration protest near the one on one freeway in downtown
Speaker 3: La is facing criminal charges. LA County DA Nathan Hoffman
Speaker 3: says the guy allegedly committed various crimes over the weekend,
Speaker 3: including throwing books and other objects at cars on the freeway.
Speaker 8: One of them actually making contact with a vehicle while
Speaker 8: he was up there, and he also engaged in felony
Speaker 8: vandalism the Los Angeles street sign.
Speaker 3: Itself, and says people are allowed to protest if.
Speaker 8: You want to do it lawfully and you want to
Speaker 8: comply with the various laws and ordinances that are applicable
Speaker 8: to such protests. We will not only allow that to happen,
Speaker 8: we will protect your right to do it.
Speaker 3: But he adds once a protester crosses the line into
Speaker 3: criminal activity, they will be arrested and face possible felony charges.
Speaker 3: A resentencing hearing for the Menendez brothers has been scheduled
Speaker 3: for late March.
Speaker 9: Seric and Lyele Menndez could appear in person at the
Speaker 9: Vanni's courthouse, but whether they appear in person or virtually
Speaker 9: has not yet been determined. It would be their first
Speaker 9: in person court appearance in close to three decades.
Speaker 3: Kfi's Daniel Martindale says the hearing was supposed to happen
Speaker 3: last month, but was put off because of the wildfires.
Speaker 3: Former DA George Gascon recommended in October that Eric and
Speaker 3: Lyle Menendez be re sentenced. They're serving sentences of life
Speaker 3: in prison for murdering their parents in nineteen eighty nine
Speaker 3: at their home in Beverly Hills. Some Danes are making
Speaker 3: a play for California in response to President Trump's comments
Speaker 3: that he wants to acquire Greenland.
Speaker 6: Hundreds of thousands have signed on to a petition, even
Speaker 6: if it is tongue in cheek, calling for Denmark to
Speaker 6: make a purchase of its own California.
Speaker 10: Come right back.
Speaker 6: The organizers say they need to raise eight trillion dollars
Speaker 6: to purchase California from the US. The mischievous Danes say,
Speaker 6: the weather is better, there's Disneyland, good food, and our
Speaker 6: city is apparently just perfect to be called Los Angeles
Speaker 6: in a new state called New Denmark. So what do
Speaker 6: you think?
Speaker 3: Yay or nay?
Speaker 6: Michael monks KFI News.
Speaker 3: They also say the avocado toast is spectacular. Right now,
Speaker 3: let's say good morning to kfi's White House correspondent John Decker. So, John, well,
Speaker 3: we've got a lot to talk about when it comes
Speaker 3: to the president. But first, he's meeting with another world
Speaker 3: leader today who's visiting.
Speaker 2: Visiting today, as you point out, amy another world leader.
Speaker 2: This is Jordan's King of Dullah. This comes a week
Speaker 2: after the President made those remarks during a joint press
Speaker 2: conference with Israeli Prime Minister of Benjamin Nett Yahoo. The
Speaker 2: idea of the US taking over Gaza and Jordan would
Speaker 2: figure into that plan in the sense that the President
Speaker 2: is asking neighboring Arab countries Jordan, Egypt, Saudi Arabia to
Speaker 2: take in two million Palestinians that would be moved out
Speaker 2: of Gaza to make way for essentially redeveloping Gaza, which
Speaker 2: would be a ten to fifteen year effort. So that
Speaker 2: will likely be number one item on their agenda when
Speaker 2: they meet later today.
Speaker 3: So far, Jordan hasn't really received that idea very well.
Speaker 2: No, they have it, nor have the other countries that
Speaker 2: I've mentioned, Saudi Arabia, Egypt, Saudi Arabia's foreign minister putting
Speaker 2: out a statement saying this is a non starter, this
Speaker 2: idea the President has for Gaza. They say that they
Speaker 2: insist on a two state solution, a state for the
Speaker 2: Palestinian people alongside the state of Israel, before Saudi Arabia
Speaker 2: will even entertain the idea of normalizing relations with Israel.
Speaker 3: And do most people in the region seem to want
Speaker 3: that two state solution.
Speaker 2: Yes, every Arab country insists upon a two state solution.
Speaker 2: It's been the position of the international community as well,
Speaker 2: and so the president really doesn't have that. I've seen
Speaker 2: any other world leader backing him up in terms of
Speaker 2: his vision for the Middle East and his vision specifically
Speaker 2: for Gaza. So the President says there's a lot of support,
Speaker 2: I haven't seen it other than from some congressional Republicans,
Speaker 2: and they really don't count in the equation, just because
Speaker 2: it's the Arab countries that likely would be so critical
Speaker 2: in terms of making the President's plan, his vision for
Speaker 2: God's come to fruition.
Speaker 3: Right, like you mentioned, you have to find homes if
Speaker 3: they even wanted to try to attempt this, So you'd
Speaker 3: have to find homes, permanent homes for two million people.
Speaker 3: Because Trump also said that part of the US taking
Speaker 3: over Gaza, if it did, would not include having Palestinians
Speaker 3: come back.
Speaker 2: Well, that's right. He has given several different statements, different
Speaker 2: positions on that particular issue. The most recent statement is
Speaker 2: the one that you just mentioned, Amy, and that is
Speaker 2: those Palestinians, once they, according to the President, are moved
Speaker 2: out of Gaza into Saudi Arabia and Jordan and Egypt,
Speaker 2: they aren't coming back. That's not what he said during
Speaker 2: that joint press conference with Israeli Prime Minister Benjamin net
Speaker 2: and Yahoo. But that was a week ago. A week later,
Speaker 2: his position appears to have changed in terms of whether
Speaker 2: those Palestinians who would be displaced would be coming back
Speaker 2: to Gaza.
Speaker 3: Okay, And from a legal standpoint, since you are awyer, I,
Speaker 3: could the US take that territory? Would they be allowed
Speaker 3: to who would give them the authority to do that?
Speaker 3: Or would that be an act of war?
Speaker 2: Well, it's sovereign territory, and it would violate international law,
Speaker 2: and it would certainly amy give a green light to
Speaker 2: a country like China, which has in its long term
Speaker 2: game plan putting Taiwan in its territory. What's to stop
Speaker 2: from China from saying, well, if the US can essentially
Speaker 2: take over Gaza, why can't we just take over Taiwan?
Speaker 2: And so that to me is one of those problematic
Speaker 2: parts of the President's vision for the Middle East.
Speaker 3: Yeah, I think it's really interesting when this all came forward.
Speaker 3: Everybody's like, oh, he doesn't really mean that, But the
Speaker 3: President seems to really believe that this is an option
Speaker 3: on the table to take over Gaza. We'll see how
Speaker 3: it plays out.
Speaker 2: Yeah, he hasn't walked it back Amy at all. And
Speaker 2: as far as the meeting with King of Dolla today,
Speaker 2: it's closed press unlike what we saw last week with
Speaker 2: Israeli Prime Minister Benjaminett Yaho. There will not be a
Speaker 2: joint press conference. We won't have an opportunity to ask questions,
Speaker 2: for instance, to Jordan's King about how he feels about
Speaker 2: the President's vision, just simply because the meeting itself the
Speaker 2: idea of a joint press conference. That's not happening with
Speaker 2: King of Dolla today.
Speaker 3: All Right. Kfi's White House correspondent John Decker, thanks for
Speaker 3: the information, Thanks Amy. All Right, let's get back to
Speaker 3: some of the stories coming out of the KFI twenty
Speaker 3: four hour newsroom. One person has been killed at an
Speaker 3: airport in Arizona when a private jet owned by Motley
Speaker 3: Crusinger Vince Neil collided with another jet that was parked.
Speaker 3: Scottsdale Fire Captain Dave Folio says Neil's plane veered off
Speaker 3: a runway yesterday while arriving in Scottsdale and crashed into
Speaker 3: a Gulf Stream jet.
Speaker 10: We you have five souls, one doa two immediates that
Speaker 10: have been transported to local trial centers, one delayed stable
Speaker 10: to a local hospital.
Speaker 3: And aviation planning and outreach coordinator at the airport says
Speaker 3: it appeared the left main landing gear of the arriving
Speaker 3: jet failed. At least fifty three people have been killed
Speaker 3: in Guatemala when a bus crossing a bridge collided with
Speaker 3: other vehicles and plunged into a ravine.
Speaker 11: This bus plummeted about sixty five feet down into that
Speaker 11: ravine driving off the Belize Bridge in Guatemala, and this
Speaker 11: is a very busy bus route. The president has declared
Speaker 11: several days of national mourning and has called on the
Speaker 11: military to assist.
Speaker 3: ABC's Marcus Moore says the bus landed upside down yesterday
Speaker 3: and was half submerged in a sewage polluted stream. Emergency
Speaker 3: teams had to work in the dark with headlamps and
Speaker 3: flashlights to rescue people. Looks like New York City Mayor
Speaker 3: Eric Adams is off the hook. The Department of Justice
Speaker 3: has announced that it's dropping the federal corruption case against
Speaker 3: the mayor. CNN got its hands on a MENEMO, confirming
Speaker 3: it charges were brought against that last year in what
Speaker 3: was the first prosecution of a sitting mayor in New
Speaker 3: York City history. Defense Secretary Pete HeiG Seth has ordered
Speaker 3: a pause on recruiting people with a history of gender
Speaker 3: dysphoria kafies. Lisa Taylor says it follows President Trump's executive
Speaker 3: order that restricts transgender military service. Meg Seth wrote in
Speaker 3: a memorandum for senior Pentagon leadership, efforts to split our
Speaker 3: troops along the lines of identity weaken our force and
Speaker 3: make us vulnerable. Heg Seth also ordered a suspension of
Speaker 3: medical procedures associated with affirming or facilitating a gender transition
Speaker 3: for current service members with gender dysphoria. Marriages in China
Speaker 3: have dropped to their lowest level ever. Official Chinese stats
Speaker 3: show the number of marriage registrations has fallen to six
Speaker 3: million after a post pandemic rise to nearly eight million
Speaker 3: that was in twenty twenty three. The Chinese Communist Party,
Speaker 3: which runs the government, says it wants people to get
Speaker 3: married to help stop a drop in the country's birth rate.
Speaker 3: The Mister Kennel Club dog Show is underway in New
Speaker 3: York City. About twenty five hundred dogs representing more than
Speaker 3: two hundred breeds are taking part in the annual event
Speaker 3: at the Javits Convention Center and at Madison Square Garden.
Speaker 3: It culminates in the coveted Best In Show later tonight,
Speaker 3: which reminds me of the movie Best In Show, which
Speaker 3: is hysterical. All of that movie if you haven't seen it,
Speaker 3: the mockumentary with Christopher Guests and Eugene Levy and Oh
Speaker 3: my gosh, so so funny. Don't want to forget that
Speaker 3: coming up this hour speaking of a great show, Tony
Speaker 3: and Grammy winning musical Dear Evan Hanson is coming to
Speaker 3: the Soritos Center for the Performing Arts this weekend February
Speaker 3: fourteenth and February fifteenth, also February sixteenth, and we have
Speaker 3: tickets for you to the show on Saturday night. In fact,
Speaker 3: we have five pairs of tickets, so keep your phones handy.
Speaker 3: We're given those away in just the next few minutes.
Speaker 3: A man is facing felony charges allegedly throwing objects on
Speaker 3: to the one to one freeway during one of the
Speaker 3: protests against President Trump's immigration policies. Martin Torres is charged
Speaker 3: with throwing things off the Spring Street overpass and vandalizing
Speaker 3: a freeway sign on February third. He could get more
Speaker 3: than seven years in prison if convicted. A pause on
Speaker 3: President Trump's buyout offer to federal employees has been extended again.
Speaker 3: Federal judge in Boston extended the temporary restraining order yesterday.
Speaker 3: It affects as many as two million federal employees. More
Speaker 3: than sixty thousand workers have reportedly accepted the offer so far.
Speaker 3: New Laker superstar Luka Doncic has made a splash in
Speaker 3: his new city, announcing his foundation is donating a half
Speaker 3: million dollars to fire recovery efforts. The money will go
Speaker 3: to rebuilding properties destroyed by the palisades and eaten fires,
Speaker 3: with a focus on playgrounds, sports courts, and fields. So
Speaker 3: as his message message said, kids have a safe place
Speaker 3: to play, the announcement was signed, your new neighbor. That's
Speaker 3: a good neighbor to have. Let's say good morning to
Speaker 3: a he sees Jim Ryan.
Speaker 4: So Jim, I hate that he left town here.
Speaker 3: Oh that's right. Well Luka Doncic, Well, I think we're
Speaker 3: going to love him too. He scored fifteen points last night. Yeah, okay,
Speaker 3: well let's move on now. We haven't depressed. Jim Ryan,
Speaker 3: Jim Moore. High school grads are often not to go
Speaker 3: to college or trade school or directly into the workforce,
Speaker 3: So what's their other option?
Speaker 4: Uniform? They're signing up there and listing for the military
Speaker 4: one of the what do we have six branches now?
Speaker 4: I guess Army, Air Force, Marines, Navy, Coast Guard, and
Speaker 4: Space Force six of them. And the Army secretary, I
Speaker 4: mean there's the former Army secretary said that that branch
Speaker 4: the Army is on track to meet its twenty twenty
Speaker 4: five and listman goals easily, and they're expecting eighty one
Speaker 4: thousand new recruits at the Army, and the same holds
Speaker 4: true across the branches here the Air Force ten thousand
Speaker 4: more recruits in eighteen months. That a lot of this,
Speaker 4: I mean, there are a lot of reasons behind this.
Speaker 4: Pete Hagsath, the new Defense Secretary, says that it's a
Speaker 4: new spirit of patriotism related to the election of President Trump.
Speaker 4: But the trend really began early last year, so before
Speaker 4: the election, you were seeing these numbers rise. So we'll
Speaker 4: see if this is a trend or just a spike.
Speaker 3: Amy, Okay, because I think in your notes. You said
Speaker 3: the December numbers kind of shot up.
Speaker 2: It did.
Speaker 4: Yeah, they were dramatically higher than they had been the
Speaker 4: you know, the previous December. But even the December number
Speaker 4: at fifty eight hundred and seventy seven new recruits in
Speaker 4: the army was lower than you saw in August. So
Speaker 4: three months before that you saw this spike. That's why,
Speaker 4: you know, you've got to give it to some time,
Speaker 4: give the averages a chance to even out so that
Speaker 4: we can see if it is an actual trend, a
Speaker 4: rising number over time. Because we saw the numbers drop
Speaker 4: off dramatically during the pandemic. Military recruiters couldn't set up
Speaker 4: their folding tables at junior colleges or high schools and
Speaker 4: try to recruit new people that way, and that was
Speaker 4: a major way that they had people signing up. And
Speaker 4: so we you know, lost a lot of folks from
Speaker 4: attrition because of lack of recruiting them. Those numbers now
Speaker 4: than there were. Enlist of recruiters has gone up as
Speaker 4: well for the Army.
Speaker 3: Okay, And is it across the board? Is it the
Speaker 3: other branches as well, or is it really focusing on Army. No,
Speaker 3: they're all.
Speaker 4: Seeing this increase, and critics say that part of it
Speaker 4: may be that some of the standards for enlisting, for
Speaker 4: signing up, for getting in have been lowered. You know,
Speaker 4: at the Air Force, for example, ten thousand more recruits
Speaker 4: across eighteen months than some critics, even in trade magazines
Speaker 4: Air and Space Forces Magazine, they say it's because these
Speaker 4: standards were dropped a bit. But the Air Force insists
Speaker 4: that it's not dropping standards for training, so well, it
Speaker 4: may be a little bit easier to get into the
Speaker 4: Air Force, the Army, the Navy, that the training once
Speaker 4: you're inside is as rigorous as it has been before.
Speaker 3: Oh okay, because I was going to say, well, heg
Speaker 3: Seth has been saying, hey, we are going to increase
Speaker 3: the lethality and not decrease standards. But it sounds like
Speaker 3: once you're in it's going to be the same. But
Speaker 3: getting in is a little bit easier.
Speaker 4: Right on one thing they're doing once you if you
Speaker 4: score in the bottom thirty percent, for example, at the Army,
Speaker 4: some of those folks are being offered remedial courses or
Speaker 4: opportunities to retake the test or to study up and
Speaker 4: then improve their score, so well, they may not be
Speaker 4: allowed in with a lower score. They're being allowed a
Speaker 4: chance to bone up on the material, to take the
Speaker 4: test again and then to get in that.
Speaker 2: Way to enlist.
Speaker 3: Okay, and do we know or have you heard if
Speaker 3: there are more people applying for military academies too, like
Speaker 3: West Point and Air Force Academy or is that still
Speaker 3: too soon to tell?
Speaker 4: Yeah, they're always they're always brimming, you know. And of
Speaker 4: course with those you have to have recommendations from members
Speaker 4: of Congress and others and letters sent off, and so
Speaker 4: that's always a major way that recruiting is done. I
Speaker 4: was interested to see interested in this amy. So sure,
Speaker 4: we've got the six branches of the military. You know
Speaker 4: who else is recruiting heavily right now? The Secret Service?
Speaker 2: I know.
Speaker 3: Did you see their Super Bowl ad?
Speaker 4: It was Prettyeah, there was an ad that aired. I
Speaker 4: don't know if it was streamed or ran on TV.
Speaker 4: I don't think it did. But it was inside the Superdome,
Speaker 4: this ad that was put on the jumbo trons recruiting
Speaker 4: people for the Secret Service.
Speaker 3: Yeah, it was a great ad too.
Speaker 4: Did you see it? Where did you see the ad?
Speaker 7: Well?
Speaker 3: I thought I saw it during the Super Bowl.
Speaker 4: Well, maybe maybe it did air. I was told that
Speaker 4: it only showed inside the Superdome, but I don't know.
Speaker 3: Well, I have to tell you, I was at a
Speaker 3: Super Bowl party and it wasn't paying that close of attention,
Speaker 3: so I was watching the ads after. So maybe that
Speaker 3: was one of the ads and didn't specify. But it's
Speaker 3: pretty cool. Yeah, very patriotic. We like all that stuff.
Speaker 3: Jim Ryan, We're sorry about Luca, but Lucah. Yeah, sorry, Luca.
Speaker 4: We hardly knew ye.
Speaker 3: We'll talk to you soon, tell you all right. People
Speaker 3: in the Burn areas in La County are getting ready
Speaker 3: for more rain. It's expected to start sometime tomorrow late
Speaker 3: and could trigger flash flooding and debris flows. The National
Speaker 3: Weather Services issued a flash flood watch. It'll be in
Speaker 3: effect from Thursday afternoon through late Thursday night for most
Speaker 3: of the LA area. Forecasters say rain rates near one
Speaker 3: inch per hour will be possible after midnight. There's also
Speaker 3: a ten percent chance of thunderstorms. The Governor of Virginia
Speaker 3: has declared a state of emergency ahead of a storm
Speaker 3: moving that way. The National Weather Service's travel is going
Speaker 3: to become treacherous today and tomorrow in much of Virginia
Speaker 3: and West Virginia. Winter storm warnings extend from Kentucky all
Speaker 3: the way to southern New Jersey. A separate storm system
Speaker 3: is set to drop heavy snow tomorrow from Kansas and
Speaker 3: Missouri to the Great Lakes. Sounds like winter. Huntington Beach
Speaker 3: City Attorney Michael Gates, who has but heads with state
Speaker 3: officials on numerous issues over the past several years, has
Speaker 3: announced he's going to be joining the Trump administration as
Speaker 3: a Deputy Assistant Attorney General in the Justice Department's Civil
Speaker 3: Rights Division. Teachers at El Camino Reel High School and
Speaker 3: Woodland Hills have gone on strike over failed contract negotiations.
Speaker 3: United Teachers LA says educators have been working without a
Speaker 3: contract since July. This teacher tells KTLA they deserve to
Speaker 3: be paid a fair way.
Speaker 5: Especially here in California where cost of living is storrying
Speaker 5: to skyrocket food prices right in a skyrocket, So it's
Speaker 5: really important that we stay in fight and make sure
Speaker 5: that we have on schedule salary increases.
Speaker 3: The teachers say they'll stay on strike until all of
Speaker 3: their demands are met. Now that Super Bowl fifty nine
Speaker 3: is over, San Francisco is getting ready for Super Bowl
Speaker 3: sixty San Francisco. Forty nine Ers owner Jed York was
Speaker 3: in New Orleans to accept the hosting duties.
Speaker 1: We had a great Super Bowl and Super Bowl fifty.
Speaker 1: This is going to blow the doors off.
Speaker 3: This will be the second time the game will You
Speaker 3: played at Levi Stadium in Santa Clara. In twenty sixteen,
Speaker 3: the Super Bowl boosted sales tax revenue in the Bay
Speaker 3: Area by two hundred and forty million dollars. That is
Speaker 3: music from Dear Evan Hanson. There's a movie about it.
Speaker 3: But we have tickets for you to go see this
Speaker 3: stage show. It's coming to the Si Rito Center for
Speaker 3: the Performing Arts this weekend. We have five pair of
Speaker 3: tickets to give away for the show on Saturday night
Speaker 3: at eight pm, and we would love to give them
Speaker 3: to you, our wake up call listeners. So now's the
Speaker 3: time to call again. These are tickets to go see
Speaker 3: Evan Hanson the Musical. Such a great show, but bring
Speaker 3: your tissues. One eight hundred five to zero one KFI
Speaker 3: is the number to call. That's one eight hundred five
Speaker 3: to zero, one five, three four and let's we've got
Speaker 3: five pair. It's not cool, so let's take caller six seven, eight,
Speaker 3: nine and ten. And then if you're calling and it
Speaker 3: keeps ringing, you know, hang out because an can only
Speaker 3: answer the phone so quickly. Again, it's a color six seven, eight,
Speaker 3: nine ten for tickets to go see the Tony and
Speaker 3: Grammy winning musical Dear Evan Hanson at the Cerrito Center
Speaker 3: for the Performing Arts. Here's the number again, one eight
Speaker 3: hundred five two zero one KFI. That's eight hundred five
Speaker 3: two zero one five three four good luck. The risk
Speaker 3: of debris and mudflows in the burn areas is higher
Speaker 3: as a powerful storm heads towards the Southland. Forecasters expect
Speaker 3: one and a half to three inches of rain in
Speaker 3: most areas. Three to six inches could fall in mountains
Speaker 3: and foothills. The heaviest rain is expected Thursday in two Friday.
Speaker 3: The California Association of Realtors says it's giving a million
Speaker 3: dollars in disaster relief grants to residents affected by the wildfires.
Speaker 3: Grants up to one thousand dollars can be used to
Speaker 3: cover mortgage relief, rent or temporary housing applications are being
Speaker 3: accepted accepted at c a R now through April thirtieth.
Speaker 3: In response, to President Trump's talk about wanting to acquire
Speaker 3: Greenland from Denmark, thousands of Danish citizens are launching their
Speaker 3: own effort to purchase California. The online petition has almost
Speaker 3: two hundred thousand signatures. It says buying the Golden State
Speaker 3: would provide them with more sunshine, dominance in the tech industry,
Speaker 3: limitless avocado toast, and easy access to Disneyland. At sixoh
Speaker 3: five handle on the news, President Trump says, all hell
Speaker 3: is going to break out if AMAS doesn't let the
Speaker 3: hostages out now right now, let's check in with ABC's
Speaker 3: Mike Debusky. Mike Elon Musk is looking to acquire more.
Speaker 7: Yes, he is looking to acquire open Ai specifically, which
Speaker 7: is kind of the leading artificial intelligence company that's out there.
Speaker 3: Doesn't he already have an artificial intelligence company.
Speaker 7: He sure does. It's called Xai, but it is largely
Speaker 7: seen to be kind of lackluster in comparison to open Ai,
Speaker 7: though there is some history but between Elon Musk and
Speaker 7: open Ai. Open Ai, of course, the maker of chat
Speaker 7: GPT and one of the most prominent artificial intelligence companies
Speaker 7: in the world. He and Sam Altman, the CEO of
Speaker 7: open Ai co founded the company back in twenty fifteen
Speaker 7: as a nonprofit and the stated goal of that nonprofit
Speaker 7: was to create good AI for all humanity. Right, this
Speaker 7: sort of very heady goal of creating safe AI, and
Speaker 7: they thought that a nonprofit with the way to do that. However,
Speaker 7: there is a for profit piece of open ai that
Speaker 7: is controlled by the nonprofit board, and the concern that
Speaker 7: Elon Musk had before he eventually left open ai was
Speaker 7: that Sam Altman was getting a little too friendly with
Speaker 7: the for profit wing, that he was becoming too focused
Speaker 7: on making money and not focused enough on keeping AI
Speaker 7: safe and deploying it in a way that would be
Speaker 7: beneficial to humanity. So he left the company in twenty
Speaker 7: eighteen twenty nineteen, founded his own company, Xai, and now
Speaker 7: he is putting in a major bid almost one hundred
Speaker 7: billion dollars to acquire OpenAI, though it is already running
Speaker 7: into some headwinds. Sam Altman posted on social media, no
Speaker 7: thank you, but he is interested in acquiring Twitter for
Speaker 7: nine point seventy four billion dollars if Elon Musk is
Speaker 7: open to it. That is one tenth exactly of the
Speaker 7: number that Elon Musk threw out there.
Speaker 3: Okay, so does it sound like either one of those
Speaker 3: things they're going to happen. Here's something that's not happening
Speaker 3: online dating now while it Hub just released a survey
Speaker 3: and said that California is the second best state in
Speaker 3: the country for online dating opportunities, but apparently fewer people
Speaker 3: are swiping.
Speaker 7: Yeah, we are observing a pretty big slowdown in the
Speaker 7: online dating app industry. Match Group which is the biggest
Speaker 7: player here. They own match dot Com and Tinder and Hinge.
Speaker 7: They reported flat overall revenues for twenty twenty four in
Speaker 7: their most recent earnings report, paying subscribers are down. Management
Speaker 7: of match Groups says that they expect sales to continue
Speaker 7: to decline in twenty twenty five. The picture is not
Speaker 7: much better over at Bumble, which is match Group's major competitor.
Speaker 7: They said that they did see an increase in users,
Speaker 7: but they are making less money off of each individual user,
Speaker 7: and that overall revenues are down as a result. That's
Speaker 7: just the finances. We're also seeing a general malaise in
Speaker 7: how people think about these online dating services. A Pew
Speaker 7: Research study from twenty twenty three finds that people haven't
Speaker 7: been having good experiences Almost half of all online daters
Speaker 7: say that their experiences have been negative on the apps,
Speaker 7: and that is particularly true for women. Perhaps no surprise there.
Speaker 7: What does negativetivity mean in this context? While a couple
Speaker 7: different things, Fifty two percent say that they've encountered someone
Speaker 7: who they thought was a scammer on one of these apps.
Speaker 7: Fifty seven percent of women say that online dating is unsafe,
Speaker 7: and eighty five percent of people say that someone continued
Speaker 7: to talk to them when they said the conversation and
Speaker 7: was over. So if there's any takeaway from this conversation,
Speaker 7: it's to layoff if someone says they're not interested.
Speaker 3: Okay, sounds like we're all just giving up, right. ABC's
Speaker 3: Mike Dubuski, thanks so much for the information.
Speaker 7: Of course, take care.
Speaker 3: All right, we'll talk to you soon. And now let's
Speaker 3: switch over to Bloomberg's Courtney Donahoe. Good morning, Courtney.
Speaker 12: Good morning, Happy Tuesday, Happy Tuesday.
Speaker 3: So mister Powell is headed to the hill today. What
Speaker 3: is that? What is that? And what does it mean?
Speaker 12: Yes, well, a lot of people are looking at a
Speaker 12: reserve chair Jay Powell. He's giving a semi annual testimony
Speaker 12: to lawmakers starting today.
Speaker 3: So He's likely going to highlight.
Speaker 12: How the resilient economy is a reason to hold interest
Speaker 12: rates steady.
Speaker 3: But everybody on Wall Street's going to.
Speaker 12: Be watching for every word that he says on what
Speaker 12: that means ahead for interest rates, what he sees ahead
Speaker 12: for the economy.
Speaker 3: So it is going to be a key event. Head
Speaker 3: of that. Stocks are lower.
Speaker 12: We're looking at Dow futures day down about one hundred
Speaker 12: points and p futures falling three tenths of a percent. Yesterday,
Speaker 12: though we saw rebound for stocks led by the market's
Speaker 12: most influential group, that is technology shares. The Dow closed
Speaker 12: up one hundred and sixty seven points on the day.
Speaker 12: But one stock we're following on the radar on Wall Street.
Speaker 12: Higher prices helping Coca Cola profit beat expectations. At the
Speaker 12: drinks giant, shoppers have been paying more for the company,
Speaker 12: SODA's energy drinks and juices, and we're seeing the stock
Speaker 12: higher in the pre market.
Speaker 3: SODA's like ten bucks for a twelve pack. Now I'm
Speaker 3: wearing my love Diet Coke shirt today. But it's crazy
Speaker 3: how expensive it's gotten.
Speaker 12: Oh yeah, and it's but still but just a lot
Speaker 12: of people are budget conscious shoppers right now, they've been
Speaker 12: pulling back on a whole bunch of other items, including pepsi.
Speaker 12: But it seems that people are still buying Coca Cola product.
Speaker 3: Oh that's CAUs coca is better than pepsi. Okay, so
Speaker 3: I have no opinion. There something else that people are
Speaker 3: spending a lot of money on. Is Valentine's Day coming
Speaker 3: up this Friday? Yes, and time is ticking it you
Speaker 3: have to buy something. I like jewelry by the way.
Speaker 12: Anyway, Consumers are expected to spend a record twenty seven
Speaker 12: and a half billion dollars on Valentine's Day this year,
Speaker 12: according to the National Retail Federation, slightly above the record
Speaker 12: that was set in twenty twenty. I guess we had
Speaker 12: to buy something for our loved ones, knowing that we
Speaker 12: were heading into the pandemic lockdown with them, so you
Speaker 12: definitely want to make them happy. But the most popular
Speaker 12: gift this year is candy, followed by flowers.
Speaker 3: Candy's less expensive than flowers in most cases, so I'm
Speaker 3: voting for candy. There we go. I love candy. Donaho.
Speaker 3: Thank you so much for the time this morning. We'll
Speaker 3: talk to you tomorrow. Have a great day. All right,
Speaker 3: take care, Let's get back to some of the stories
Speaker 3: coming out of the KFI twenty four hour newsroom. Felt
Speaker 3: like I cut her off, but I've been told to
Speaker 3: limit my time with her. She's a busy woman. She's
Speaker 3: on like dozens of stations around the country. So I
Speaker 3: love that we get to kind of check in with
Speaker 3: her and get little money updates every day. Federal officials
Speaker 3: say wildfire cleanup in the Alta, Dina and Padalisades fire
Speaker 3: area is is moving quickly.
Speaker 6: More than one thousand workers from the EPA and hundreds
Speaker 6: more from FEMA have been on the ground at both
Speaker 6: burn zones, working through phase one, the removal of hazardous waist.
Speaker 6: Eric Swinson of the Army Corps of Engineer says Phase
Speaker 6: two is when all the rest will be cleaned up.
Speaker 7: These teams are working around the clock to clear eligible
Speaker 7: degree as quickly as possible while upholding the highest safety
Speaker 7: and environmental standards.
Speaker 6: The Army Corps says more than seven thousand property owners
Speaker 6: have submitted right of entry forms asking the federal teams
Speaker 6: to take care of the cleanup. Michael Monks KFI News.
Speaker 3: And Ellie County Sheriff's deputy who pleaded no contest to
Speaker 3: an off duty hit and run crash on the ten Freeway,
Speaker 3: and Covina has been sentenced to two years probation and
Speaker 3: a three month DUI program me. He also has to
Speaker 3: give up his Peace Officers Standards and Training certification and
Speaker 3: has to pay restitution to the person hurt in the
Speaker 3: crash back in twenty eighteen. Prosecutors say the deputy was
Speaker 3: speeding around midnight when he rear inted a car, forcing
Speaker 3: it into another vehicle. Police in Santa Monica say the
Speaker 3: body of a homeless woman who'd been badly beaten has
Speaker 3: been found on the beach. Lifeguards say the body found
Speaker 3: yesterday was in a sleeping bag. They say the woman
Speaker 3: was pronounced dead at the scene and murder is suspected.
Speaker 3: Marriages in China have dropped to their lowest level ever.
Speaker 3: Wait already did that story. The Chinese Communist Party runs
Speaker 3: the government says it wants to get people to get
Speaker 3: married to help stop a drop in the country's birth rate.
Speaker 3: Tiger Woods has withdrawn from the Genesis Invitational PGA Tour
Speaker 3: event he hosts as he mourns the death of his mother.
Speaker 3: He said on x he was planning to compete, but
Speaker 3: just isn't ready. His mom died February fourth. Tiger says
Speaker 3: he's still processing that loss. The tournament kicks off on
Speaker 3: Thursday from Tory Pines in San Diego in the strongest
Speaker 3: storm in the years, headed towards southern California, with rainfall
Speaker 3: of two inches or more. The rain could trigger mud
Speaker 3: and debris flows, especially in the Pacific Palisades and Altadena
Speaker 3: Burn areas Tolca. Gabbert has taken another step toward becoming
Speaker 3: the next Director of National Intelligence, cleared a major hurdle
Speaker 3: yesterday when the US Senate voted along party lines to
Speaker 3: advance her nomination. The final vote to Confirmer is expected
Speaker 3: to be held late tonight or early tomorrow. Lift is
Speaker 3: getting into the robotaxi game. The Ride Stairs ride share
Speaker 3: services announced it's looking to launch an autonomous vehicle fleet
Speaker 3: sometime next year. It'll be rolled out in Dallas first.
Speaker 3: We're just minutes away from handle on the news this morning,
Speaker 3: is there a run on eggs? Trader Jos is getting
Speaker 3: ready for it right now. Let's say good morning to
Speaker 3: the host of How to Money from noon to two
Speaker 3: on Sunday, Right here on KFI, it's Joel Larsguard. So Joel,
Speaker 3: President Trump says it's time to ditch the pennies.
Speaker 13: Hey, I've been saying this for years, Amy, nobody's listening
Speaker 13: to me.
Speaker 3: Well, apparently you got the president's here. Maybe maybe I
Speaker 3: doubt it.
Speaker 13: This has been a proposal, a bipartisan proposal. Actually, there
Speaker 13: have been people on both sides of the aisle saying, hey,
Speaker 13: the penny's longer to get rid of it. Especially like
Speaker 13: think about when the good old days when my grandma
Speaker 13: would tell me about buying a coke for a nickel,
Speaker 13: and that's five pennies, right, and so, like pennies actually
Speaker 13: mattered because you could buy stuff with them. There's like
Speaker 13: essentially nothing that you could buy for a penny anymore.
Speaker 13: Even think about like dollar stores. Most of the dollar
Speaker 13: stores have gone away from selling things for a dollar
Speaker 13: because of rising prices, and so you can't really even
Speaker 13: buy as much for a dollar anymore. So the fact
Speaker 13: that the penny costs more than a penny to make,
Speaker 13: essentially almost four pennies to make a penny, I think
Speaker 13: it makes sense to get rid of it. And then
Speaker 13: the next thing, potentially on the chopping block is the nickel.
Speaker 3: Oh okay, so how you said that to make a
Speaker 3: penny it costs four cents. How many pennies do they
Speaker 3: make every year? Do we know?
Speaker 13: So that is a good question. Usually what they're doing
Speaker 13: is they're attempting to make pennies to because there's some
Speaker 13: of these fall out of circulation. So when you put
Speaker 13: your pennies, I think there was a billions of pennies
Speaker 13: churned out last year, maybe three billion pennies. And I
Speaker 13: think the reason is essentially because when you stick them,
Speaker 13: when you lose them in your couch cushions or you
Speaker 13: stick them in some sort of a jar to kind
Speaker 13: of save up, those pennies fall out of circulation. And
Speaker 13: so the US mint has to replace those pennies. So
Speaker 13: what's it going to look like. It's not that we're
Speaker 13: going to like stop seeing pennies immediately. Pennies will still
Speaker 13: be in circulation. It's just that we will stop minting
Speaker 13: new pennies to basically, you know, make up for those
Speaker 13: pennies that we have either lost, not picked up or
Speaker 13: stuck into a jar.
Speaker 3: Somewhere, and we can save a lot of money on it.
Speaker 13: Yeah, I mean, this is a good This is Obviously
Speaker 13: there's been a lot of focus in these first few
Speaker 13: weeks of the Trump administration on cost cutting and some ways.
Speaker 13: Some people would say really great ways, and other people
Speaker 13: would say, oh, man, I don't really like what they're
Speaker 13: doing over here. I think this is at least one
Speaker 13: of those things where the vast majority of people can
Speaker 13: agree on the fact that pennies are essentially worthless and
Speaker 13: there's no reason to manufacture them anymore, especially as our
Speaker 13: world gets more and more digital and paying with debit cards.
Speaker 13: Credit cards are just kind of the norm. Pennies are
Speaker 13: just kind of more of a pain than they are
Speaker 13: a solution.
Speaker 3: Okay, so if you are still pinching pennies. We were
Speaker 3: talking about how much is a fair fee for investment
Speaker 3: companies to take because they need a cut to stay
Speaker 3: in business, and what is that? Is there a hard
Speaker 3: and fast number, Jewel.
Speaker 13: So there's not really a hard and fast number. But
Speaker 13: over the past few decades this has only gotten better
Speaker 13: and better and better for individual investors, it's become fees
Speaker 13: have dropped precipitously, and this is honestly, I think we
Speaker 13: can call it the Vanguard effect, because Vanguard was the
Speaker 13: low cost brokerage firm launched by Jack Bogel in the
Speaker 13: late nineteen sixties early nineteen seventies, and he kind of
Speaker 13: invented in some ways the index one. He didn't fully
Speaker 13: invent it, but he at least brought it into the
Speaker 13: mainstream in that in particular, in his focus on lowering
Speaker 13: fees for investors, basically was the lowering tide that lowered
Speaker 13: all fees. And so Vanguard literally just announced last week
Speaker 13: they're lowering their fees even more, and they're basically the
Speaker 13: lowest cost fe brokerage firm in existence, and they're lowering
Speaker 13: fees even more. The average fee now on a Vanguard
Speaker 13: fund is point oh seven percent, which is pretty miniscule.
Speaker 13: The rest of the industry is point four to four percent,
Speaker 13: almost half a percent. So the difference between what you're
Speaker 13: going to pay in fees based on where you're investing
Speaker 13: can be significant.
Speaker 3: Are they expecting others to kind of follow suit or
Speaker 3: are they going to just say, no, we're keeping our
Speaker 3: fees where they are.
Speaker 13: They don't care, they don't care if other people follow suit.
Speaker 13: But the truth is other people have to, right because
Speaker 13: this is why like Fidelity, which is another one of
Speaker 13: my favorite brokerage firms has launched what they call zero
Speaker 13: fee funds, like I don't know, this was probably seven
Speaker 13: or eight years ago, and so they literally have a
Speaker 13: few in house funds that charge a zero expense ratio.
Speaker 13: And when you think about what this means for investors,
Speaker 13: the fact that that Vanguard just cut fees by a
Speaker 13: little bit, well that's that's big news in some ways,
Speaker 13: but it's not big news in other ways. The big
Speaker 13: news is what individuals do with this information. And the
Speaker 13: truth is where you invest matters. If you're with a
Speaker 13: really high cost firm where they charge a lot of
Speaker 13: money for advice and where they charge a lot of
Speaker 13: money for you to own a fund that's very similar
Speaker 13: to what you can get much cheaper at like Fidelity,
Speaker 13: Schwab or Vanguard, then you're overpaying. And so this is
Speaker 13: this should be just another reminder to everyone out there
Speaker 13: who is investing, which is great, to check your fees
Speaker 13: and to make sure more of your money isn't going
Speaker 13: to pay the fund manager than is going to invest
Speaker 13: in assets that are going to grow on your behalf
Speaker 13: for years and decades to come.
Speaker 3: Okay, so always ask that question before you make your investments.
Speaker 3: How much am I paying you?
Speaker 13: Yeah, how much am I paying you? And then almost
Speaker 13: how much does just the fund itself charge? And you
Speaker 13: can go into the back end of your investment. You
Speaker 13: know your investment company. You can see Oh wait a second,
Speaker 13: the expense ratio on this fund. You need to type
Speaker 13: it into Google. Right, So, like vo is one of
Speaker 13: Vanguard's s and P five hundred funds, and I think
Speaker 13: the expensory show is like point two or point oh three,
Speaker 13: it's essentially non existent. Go type in those letters from
Speaker 13: your fund that you're invested in and figure out what
Speaker 13: the expens ray show is. If it's above point three
Speaker 13: point four point five, you should be thinking again and
Speaker 13: seeing if there's lower cost place you can do business.
Speaker 13: And I guarantee you there is.
Speaker 3: Okay, always great advice from our buddy Joel Larsgard, and
Speaker 3: you can get more information about how to manage your
Speaker 3: money and other great advice every Sunday from noon to
Speaker 3: two right here on KFI. It's called how to Money
Speaker 3: with Joel Larsgard. You can also follow Joel on Instagram
Speaker 3: at how to Money. Joel. Thank you've been listening to
Speaker 3: Wake Up Call with me Amy King. You can always
Speaker 3: hear wake Up Call five to six am Monday through
Speaker 3: Friday on KFI AM six forty and anytime on demand
Speaker 3: on the iHeartRadio app