WEBVTT

1
00:00:00.800 --> 00:00:03.919
<v Speaker 1>You're listening to wake Up Call on demand from KFI

2
00:00:04.080 --> 00:00:10.240
<v Speaker 1>A M six forty KFI and KOST HD two Los Angeles,

3
00:00:10.279 --> 00:00:11.320
<v Speaker 1>Orange County.

4
00:00:24.239 --> 00:00:25.079
<v Speaker 2>KFI Radio.

5
00:00:25.239 --> 00:00:26.719
<v Speaker 3>This is Mission Control Houston.

6
00:00:26.839 --> 00:00:28.679
<v Speaker 4>Please call station for a voice check.

7
00:00:33.840 --> 00:00:34.079
<v Speaker 5>Station.

8
00:00:34.320 --> 00:00:36.600
<v Speaker 3>This is Amy King with kfi's wake Up Call. How

9
00:00:36.600 --> 00:00:37.159
<v Speaker 3>do you hear me?

10
00:00:40.280 --> 00:00:41.880
<v Speaker 2>I can hear you loud and clear.

11
00:00:43.640 --> 00:00:46.200
<v Speaker 1>And it's time for your morning wake up call.

12
00:00:47.520 --> 00:00:49.880
<v Speaker 5>Landed and its name is Amy k.

13
00:00:53.079 --> 00:00:54.119
<v Speaker 6>Here's Amy King.

14
00:00:56.240 --> 00:00:56.679
<v Speaker 7>This is.

15
00:01:00.439 --> 00:01:00.640
<v Speaker 8>Yah.

16
00:01:02.039 --> 00:01:05.359
<v Speaker 3>It is five oh one. So if you set your

17
00:01:05.400 --> 00:01:08.439
<v Speaker 3>alarm for five o'clock, get up. You're late. This is

18
00:01:08.439 --> 00:01:13.040
<v Speaker 3>your wake up call for Tuesday, February eleventh. Good morning,

19
00:01:13.079 --> 00:01:16.439
<v Speaker 3>I'm Amy King. We're live everywhere on the iHeartRadio app.

20
00:01:16.519 --> 00:01:18.560
<v Speaker 3>Got so much going on today. I know I say

21
00:01:18.560 --> 00:01:21.079
<v Speaker 3>that a lot, but it's always true. Here's what's ahead

22
00:01:21.159 --> 00:01:23.680
<v Speaker 3>on wake Up Call. Well, here comes the rain again,

23
00:01:23.879 --> 00:01:26.560
<v Speaker 3>and a lot of it. The National Weather Services issued

24
00:01:26.640 --> 00:01:29.680
<v Speaker 3>a flash flood watch for most of the Southland. Now

25
00:01:29.719 --> 00:01:32.239
<v Speaker 3>it doesn't start till Thursday. One and a half to

26
00:01:32.319 --> 00:01:35.359
<v Speaker 3>three inches of rains expected in the valleys and coastal areas.

27
00:01:35.599 --> 00:01:37.560
<v Speaker 3>Three to six inches of rain could fall in the

28
00:01:37.599 --> 00:01:42.439
<v Speaker 3>foothills and mountains. The heaviest rain expected on Thursday, and

29
00:01:42.519 --> 00:01:45.599
<v Speaker 3>the thread of debris and mudflows, especially concerning in the

30
00:01:45.680 --> 00:01:49.719
<v Speaker 3>recent wildfire burn areas. FEMA and the US Army Corps

31
00:01:49.719 --> 00:01:53.519
<v Speaker 3>of Engineers will begin removing fire debris from homes destroyed

32
00:01:53.519 --> 00:01:57.480
<v Speaker 3>in last month's wildfires. That work begins today. Residents who

33
00:01:57.480 --> 00:02:00.640
<v Speaker 3>want free debris removal have to submit a write of

34
00:02:00.879 --> 00:02:04.319
<v Speaker 3>entry form by March thirty. First. Forms are available online

35
00:02:04.680 --> 00:02:08.719
<v Speaker 3>and at any FEMA Disaster Recovery center. President Trump says

36
00:02:08.759 --> 00:02:11.280
<v Speaker 3>all hell will break out and he'll call for the

37
00:02:11.439 --> 00:02:15.080
<v Speaker 3>end of the Israel Hamas ceasefire if every Israeli hostage

38
00:02:15.120 --> 00:02:19.120
<v Speaker 3>isn't released from Gaza by Saturday. AMASS announced yesterday it

39
00:02:19.319 --> 00:02:22.599
<v Speaker 3>was delaying the next group of hostages to be released

40
00:02:22.639 --> 00:02:25.080
<v Speaker 3>that was supposed to happen that's Saturday. We're gonna be

41
00:02:25.120 --> 00:02:28.199
<v Speaker 3>talking with kfi's White House correspondent John Decker about that

42
00:02:28.599 --> 00:02:31.400
<v Speaker 3>and also who the President is welcoming to the White

43
00:02:31.439 --> 00:02:37.960
<v Speaker 3>House today. Mike Dubuski's joining us at five thirty. People

44
00:02:38.000 --> 00:02:40.560
<v Speaker 3>apparently are swiping less. We're going to dig into that

45
00:02:40.599 --> 00:02:43.400
<v Speaker 3>a little bit. What fees are fair when it comes

46
00:02:43.400 --> 00:02:46.759
<v Speaker 3>to your investments. We'll find out from our host of

47
00:02:46.800 --> 00:02:50.400
<v Speaker 3>How to Money on KFI, Joel Larsgard. That's at five

48
00:02:50.400 --> 00:02:54.759
<v Speaker 3>point fifty. More people answering Uncle Sam's call. We'll find

49
00:02:54.759 --> 00:02:56.960
<v Speaker 3>out what that's all about with ABC's Jim Ryan at

50
00:02:57.000 --> 00:03:01.400
<v Speaker 3>five twenty and also sometime this hour, we have tickets

51
00:03:01.400 --> 00:03:05.520
<v Speaker 3>to see Dear Evan Hanson. It's coming to the Cbritos

52
00:03:05.680 --> 00:03:09.280
<v Speaker 3>Center for the Performing Arts this weekend, and we're going

53
00:03:09.319 --> 00:03:11.960
<v Speaker 3>to be giving those tickets away this hour, so keep

54
00:03:12.000 --> 00:03:16.080
<v Speaker 3>your phones close. It is a Tony Award winning show

55
00:03:16.159 --> 00:03:19.800
<v Speaker 3>from Broadway, and they also made a movie about it,

56
00:03:19.800 --> 00:03:22.960
<v Speaker 3>which I just watched yesterday. It's such a great, great show.

57
00:03:23.199 --> 00:03:25.639
<v Speaker 3>Love it so again, Dear Evan Hanson. Tickets coming up

58
00:03:26.000 --> 00:03:28.840
<v Speaker 3>this hour, so stick with us. But let's get started

59
00:03:28.879 --> 00:03:31.080
<v Speaker 3>with some of the stories coming out of the KFI

60
00:03:31.199 --> 00:03:34.439
<v Speaker 3>twenty four hour newsroom. A convicted felon who joined an

61
00:03:34.479 --> 00:03:37.080
<v Speaker 3>immigration protest near the one on one freeway in downtown

62
00:03:37.199 --> 00:03:41.840
<v Speaker 3>La is facing criminal charges. LA County DA Nathan Hoffman

63
00:03:41.879 --> 00:03:45.360
<v Speaker 3>says the guy allegedly committed various crimes over the weekend,

64
00:03:45.400 --> 00:03:49.240
<v Speaker 3>including throwing books and other objects at cars on the freeway.

65
00:03:49.039 --> 00:03:52.319
<v Speaker 8>One of them actually making contact with a vehicle while

66
00:03:52.360 --> 00:03:55.120
<v Speaker 8>he was up there, and he also engaged in felony

67
00:03:55.240 --> 00:03:58.000
<v Speaker 8>vandalism the Los Angeles street sign.

68
00:03:57.759 --> 00:04:03.240
<v Speaker 3>Itself, and says people are allowed to protest if.

69
00:04:03.120 --> 00:04:06.000
<v Speaker 8>You want to do it lawfully and you want to

70
00:04:06.000 --> 00:04:09.639
<v Speaker 8>comply with the various laws and ordinances that are applicable

71
00:04:09.759 --> 00:04:13.599
<v Speaker 8>to such protests. We will not only allow that to happen,

72
00:04:13.680 --> 00:04:15.759
<v Speaker 8>we will protect your right to do it.

73
00:04:16.600 --> 00:04:19.360
<v Speaker 3>But he adds once a protester crosses the line into

74
00:04:19.399 --> 00:04:23.839
<v Speaker 3>criminal activity, they will be arrested and face possible felony charges.

75
00:04:24.319 --> 00:04:27.600
<v Speaker 3>A resentencing hearing for the Menendez brothers has been scheduled

76
00:04:27.680 --> 00:04:28.480
<v Speaker 3>for late March.

77
00:04:28.600 --> 00:04:31.199
<v Speaker 9>Seric and Lyele Menndez could appear in person at the

78
00:04:31.279 --> 00:04:34.439
<v Speaker 9>Vanni's courthouse, but whether they appear in person or virtually

79
00:04:34.480 --> 00:04:36.959
<v Speaker 9>has not yet been determined. It would be their first

80
00:04:37.000 --> 00:04:39.560
<v Speaker 9>in person court appearance in close to three decades.

81
00:04:40.839 --> 00:04:43.800
<v Speaker 3>Kfi's Daniel Martindale says the hearing was supposed to happen

82
00:04:43.879 --> 00:04:46.879
<v Speaker 3>last month, but was put off because of the wildfires.

83
00:04:47.000 --> 00:04:51.079
<v Speaker 3>Former DA George Gascon recommended in October that Eric and

84
00:04:51.199 --> 00:04:55.160
<v Speaker 3>Lyle Menendez be re sentenced. They're serving sentences of life

85
00:04:55.199 --> 00:04:58.040
<v Speaker 3>in prison for murdering their parents in nineteen eighty nine

86
00:04:58.439 --> 00:05:02.199
<v Speaker 3>at their home in Beverly Hills. Some Danes are making

87
00:05:02.240 --> 00:05:05.800
<v Speaker 3>a play for California in response to President Trump's comments

88
00:05:05.800 --> 00:05:07.279
<v Speaker 3>that he wants to acquire Greenland.

89
00:05:07.480 --> 00:05:09.959
<v Speaker 6>Hundreds of thousands have signed on to a petition, even

90
00:05:09.959 --> 00:05:12.519
<v Speaker 6>if it is tongue in cheek, calling for Denmark to

91
00:05:12.560 --> 00:05:15.879
<v Speaker 6>make a purchase of its own California.

92
00:05:15.879 --> 00:05:17.360
<v Speaker 10>Come right back.

93
00:05:17.439 --> 00:05:20.279
<v Speaker 6>The organizers say they need to raise eight trillion dollars

94
00:05:20.319 --> 00:05:23.839
<v Speaker 6>to purchase California from the US. The mischievous Danes say,

95
00:05:23.879 --> 00:05:27.279
<v Speaker 6>the weather is better, there's Disneyland, good food, and our

96
00:05:27.319 --> 00:05:30.600
<v Speaker 6>city is apparently just perfect to be called Los Angeles

97
00:05:30.879 --> 00:05:34.279
<v Speaker 6>in a new state called New Denmark. So what do

98
00:05:34.360 --> 00:05:34.759
<v Speaker 6>you think?

99
00:05:35.360 --> 00:05:36.600
<v Speaker 3>Yay or nay?

100
00:05:36.920 --> 00:05:38.560
<v Speaker 6>Michael monks KFI News.

101
00:05:38.680 --> 00:05:42.519
<v Speaker 3>They also say the avocado toast is spectacular. Right now,

102
00:05:42.600 --> 00:05:48.800
<v Speaker 3>let's say good morning to kfi's White House correspondent John Decker. So, John, well,

103
00:05:48.839 --> 00:05:50.240
<v Speaker 3>we've got a lot to talk about when it comes

104
00:05:50.240 --> 00:05:52.560
<v Speaker 3>to the president. But first, he's meeting with another world

105
00:05:52.680 --> 00:05:54.279
<v Speaker 3>leader today who's visiting.

106
00:05:56.360 --> 00:05:59.720
<v Speaker 2>Visiting today, as you point out, amy another world leader.

107
00:05:59.800 --> 00:06:03.040
<v Speaker 2>This is Jordan's King of Dullah. This comes a week

108
00:06:03.079 --> 00:06:06.279
<v Speaker 2>after the President made those remarks during a joint press

109
00:06:06.279 --> 00:06:09.680
<v Speaker 2>conference with Israeli Prime Minister of Benjamin Nett Yahoo. The

110
00:06:09.720 --> 00:06:13.560
<v Speaker 2>idea of the US taking over Gaza and Jordan would

111
00:06:13.560 --> 00:06:16.639
<v Speaker 2>figure into that plan in the sense that the President

112
00:06:16.720 --> 00:06:22.000
<v Speaker 2>is asking neighboring Arab countries Jordan, Egypt, Saudi Arabia to

113
00:06:22.120 --> 00:06:25.959
<v Speaker 2>take in two million Palestinians that would be moved out

114
00:06:26.040 --> 00:06:31.399
<v Speaker 2>of Gaza to make way for essentially redeveloping Gaza, which

115
00:06:31.439 --> 00:06:35.240
<v Speaker 2>would be a ten to fifteen year effort. So that

116
00:06:35.279 --> 00:06:38.519
<v Speaker 2>will likely be number one item on their agenda when

117
00:06:38.560 --> 00:06:39.800
<v Speaker 2>they meet later today.

118
00:06:41.920 --> 00:06:45.560
<v Speaker 3>So far, Jordan hasn't really received that idea very well.

119
00:06:46.959 --> 00:06:49.759
<v Speaker 2>No, they have it, nor have the other countries that

120
00:06:49.800 --> 00:06:54.560
<v Speaker 2>I've mentioned, Saudi Arabia, Egypt, Saudi Arabia's foreign minister putting

121
00:06:54.600 --> 00:06:57.759
<v Speaker 2>out a statement saying this is a non starter, this

122
00:06:57.879 --> 00:07:01.439
<v Speaker 2>idea the President has for Gaza. They say that they

123
00:07:01.639 --> 00:07:06.519
<v Speaker 2>insist on a two state solution, a state for the

124
00:07:06.560 --> 00:07:12.000
<v Speaker 2>Palestinian people alongside the state of Israel, before Saudi Arabia

125
00:07:12.040 --> 00:07:15.800
<v Speaker 2>will even entertain the idea of normalizing relations with Israel.

126
00:07:16.360 --> 00:07:18.319
<v Speaker 3>And do most people in the region seem to want

127
00:07:18.319 --> 00:07:19.240
<v Speaker 3>that two state solution.

128
00:07:21.199 --> 00:07:25.879
<v Speaker 2>Yes, every Arab country insists upon a two state solution.

129
00:07:26.600 --> 00:07:30.199
<v Speaker 2>It's been the position of the international community as well,

130
00:07:30.480 --> 00:07:33.519
<v Speaker 2>and so the president really doesn't have that. I've seen

131
00:07:33.720 --> 00:07:37.079
<v Speaker 2>any other world leader backing him up in terms of

132
00:07:37.160 --> 00:07:40.240
<v Speaker 2>his vision for the Middle East and his vision specifically

133
00:07:40.680 --> 00:07:44.639
<v Speaker 2>for Gaza. So the President says there's a lot of support,

134
00:07:44.759 --> 00:07:48.519
<v Speaker 2>I haven't seen it other than from some congressional Republicans,

135
00:07:48.639 --> 00:07:51.240
<v Speaker 2>and they really don't count in the equation, just because

136
00:07:51.279 --> 00:07:55.839
<v Speaker 2>it's the Arab countries that likely would be so critical

137
00:07:55.879 --> 00:07:59.600
<v Speaker 2>in terms of making the President's plan, his vision for

138
00:07:59.639 --> 00:08:01.600
<v Speaker 2>God's come to fruition.

139
00:08:01.920 --> 00:08:05.040
<v Speaker 3>Right, like you mentioned, you have to find homes if

140
00:08:05.079 --> 00:08:07.720
<v Speaker 3>they even wanted to try to attempt this, So you'd

141
00:08:07.759 --> 00:08:11.360
<v Speaker 3>have to find homes, permanent homes for two million people.

142
00:08:11.439 --> 00:08:14.720
<v Speaker 3>Because Trump also said that part of the US taking

143
00:08:14.759 --> 00:08:18.600
<v Speaker 3>over Gaza, if it did, would not include having Palestinians

144
00:08:18.639 --> 00:08:19.079
<v Speaker 3>come back.

145
00:08:20.639 --> 00:08:25.360
<v Speaker 2>Well, that's right. He has given several different statements, different

146
00:08:25.360 --> 00:08:29.199
<v Speaker 2>positions on that particular issue. The most recent statement is

147
00:08:29.240 --> 00:08:31.120
<v Speaker 2>the one that you just mentioned, Amy, and that is

148
00:08:31.560 --> 00:08:35.159
<v Speaker 2>those Palestinians, once they, according to the President, are moved

149
00:08:35.159 --> 00:08:38.879
<v Speaker 2>out of Gaza into Saudi Arabia and Jordan and Egypt,

150
00:08:39.159 --> 00:08:41.720
<v Speaker 2>they aren't coming back. That's not what he said during

151
00:08:41.759 --> 00:08:45.679
<v Speaker 2>that joint press conference with Israeli Prime Minister Benjamin net

152
00:08:45.679 --> 00:08:48.120
<v Speaker 2>and Yahoo. But that was a week ago. A week later,

153
00:08:48.480 --> 00:08:51.120
<v Speaker 2>his position appears to have changed in terms of whether

154
00:08:51.159 --> 00:08:54.919
<v Speaker 2>those Palestinians who would be displaced would be coming back

155
00:08:54.919 --> 00:08:55.639
<v Speaker 2>to Gaza.

156
00:08:55.720 --> 00:09:00.960
<v Speaker 3>Okay, And from a legal standpoint, since you are awyer, I,

157
00:09:01.559 --> 00:09:06.159
<v Speaker 3>could the US take that territory? Would they be allowed

158
00:09:06.200 --> 00:09:08.679
<v Speaker 3>to who would give them the authority to do that?

159
00:09:08.799 --> 00:09:09.960
<v Speaker 3>Or would that be an act of war?

160
00:09:11.279 --> 00:09:15.120
<v Speaker 2>Well, it's sovereign territory, and it would violate international law,

161
00:09:15.159 --> 00:09:19.480
<v Speaker 2>and it would certainly amy give a green light to

162
00:09:19.720 --> 00:09:24.639
<v Speaker 2>a country like China, which has in its long term

163
00:09:24.799 --> 00:09:29.600
<v Speaker 2>game plan putting Taiwan in its territory. What's to stop

164
00:09:29.679 --> 00:09:32.759
<v Speaker 2>from China from saying, well, if the US can essentially

165
00:09:32.840 --> 00:09:37.159
<v Speaker 2>take over Gaza, why can't we just take over Taiwan?

166
00:09:37.720 --> 00:09:41.120
<v Speaker 2>And so that to me is one of those problematic

167
00:09:41.679 --> 00:09:44.080
<v Speaker 2>parts of the President's vision for the Middle East.

168
00:09:44.200 --> 00:09:46.399
<v Speaker 3>Yeah, I think it's really interesting when this all came forward.

169
00:09:46.480 --> 00:09:49.279
<v Speaker 3>Everybody's like, oh, he doesn't really mean that, But the

170
00:09:49.279 --> 00:09:53.360
<v Speaker 3>President seems to really believe that this is an option

171
00:09:53.480 --> 00:09:55.600
<v Speaker 3>on the table to take over Gaza. We'll see how

172
00:09:55.639 --> 00:09:56.279
<v Speaker 3>it plays out.

173
00:09:57.639 --> 00:10:00.200
<v Speaker 2>Yeah, he hasn't walked it back Amy at all. And

174
00:10:00.639 --> 00:10:02.879
<v Speaker 2>as far as the meeting with King of Dolla today,

175
00:10:03.360 --> 00:10:06.759
<v Speaker 2>it's closed press unlike what we saw last week with

176
00:10:07.279 --> 00:10:10.440
<v Speaker 2>Israeli Prime Minister Benjaminett Yaho. There will not be a

177
00:10:10.519 --> 00:10:14.159
<v Speaker 2>joint press conference. We won't have an opportunity to ask questions,

178
00:10:14.159 --> 00:10:17.399
<v Speaker 2>for instance, to Jordan's King about how he feels about

179
00:10:17.480 --> 00:10:21.799
<v Speaker 2>the President's vision, just simply because the meeting itself the

180
00:10:22.480 --> 00:10:25.120
<v Speaker 2>idea of a joint press conference. That's not happening with

181
00:10:25.240 --> 00:10:26.159
<v Speaker 2>King of Dolla today.

182
00:10:26.279 --> 00:10:29.360
<v Speaker 3>All Right. Kfi's White House correspondent John Decker, thanks for

183
00:10:29.399 --> 00:10:32.399
<v Speaker 3>the information, Thanks Amy. All Right, let's get back to

184
00:10:32.440 --> 00:10:34.159
<v Speaker 3>some of the stories coming out of the KFI twenty

185
00:10:34.159 --> 00:10:36.799
<v Speaker 3>four hour newsroom. One person has been killed at an

186
00:10:36.799 --> 00:10:40.200
<v Speaker 3>airport in Arizona when a private jet owned by Motley

187
00:10:40.279 --> 00:10:43.720
<v Speaker 3>Crusinger Vince Neil collided with another jet that was parked.

188
00:10:44.000 --> 00:10:48.039
<v Speaker 3>Scottsdale Fire Captain Dave Folio says Neil's plane veered off

189
00:10:48.039 --> 00:10:51.279
<v Speaker 3>a runway yesterday while arriving in Scottsdale and crashed into

190
00:10:51.320 --> 00:10:52.240
<v Speaker 3>a Gulf Stream jet.

191
00:10:52.360 --> 00:10:58.440
<v Speaker 10>We you have five souls, one doa two immediates that

192
00:10:58.519 --> 00:11:02.240
<v Speaker 10>have been transported to local trial centers, one delayed stable

193
00:11:02.360 --> 00:11:04.039
<v Speaker 10>to a local hospital.

194
00:11:03.720 --> 00:11:07.000
<v Speaker 3>And aviation planning and outreach coordinator at the airport says

195
00:11:07.039 --> 00:11:10.080
<v Speaker 3>it appeared the left main landing gear of the arriving

196
00:11:10.159 --> 00:11:13.759
<v Speaker 3>jet failed. At least fifty three people have been killed

197
00:11:13.799 --> 00:11:17.399
<v Speaker 3>in Guatemala when a bus crossing a bridge collided with

198
00:11:17.440 --> 00:11:19.720
<v Speaker 3>other vehicles and plunged into a ravine.

199
00:11:19.759 --> 00:11:23.960
<v Speaker 11>This bus plummeted about sixty five feet down into that

200
00:11:24.039 --> 00:11:27.759
<v Speaker 11>ravine driving off the Belize Bridge in Guatemala, and this

201
00:11:27.879 --> 00:11:30.440
<v Speaker 11>is a very busy bus route. The president has declared

202
00:11:30.440 --> 00:11:33.200
<v Speaker 11>several days of national mourning and has called on the

203
00:11:33.200 --> 00:11:34.919
<v Speaker 11>military to assist.

204
00:11:35.080 --> 00:11:38.480
<v Speaker 3>ABC's Marcus Moore says the bus landed upside down yesterday

205
00:11:38.519 --> 00:11:42.639
<v Speaker 3>and was half submerged in a sewage polluted stream. Emergency

206
00:11:42.639 --> 00:11:44.919
<v Speaker 3>teams had to work in the dark with headlamps and

207
00:11:44.960 --> 00:11:48.919
<v Speaker 3>flashlights to rescue people. Looks like New York City Mayor

208
00:11:49.080 --> 00:11:51.519
<v Speaker 3>Eric Adams is off the hook. The Department of Justice

209
00:11:52.039 --> 00:11:55.000
<v Speaker 3>has announced that it's dropping the federal corruption case against

210
00:11:55.000 --> 00:11:58.480
<v Speaker 3>the mayor. CNN got its hands on a MENEMO, confirming

211
00:11:58.519 --> 00:12:00.840
<v Speaker 3>it charges were brought against that last year in what

212
00:12:01.039 --> 00:12:03.879
<v Speaker 3>was the first prosecution of a sitting mayor in New

213
00:12:03.960 --> 00:12:07.519
<v Speaker 3>York City history. Defense Secretary Pete HeiG Seth has ordered

214
00:12:07.519 --> 00:12:10.360
<v Speaker 3>a pause on recruiting people with a history of gender

215
00:12:10.480 --> 00:12:14.840
<v Speaker 3>dysphoria kafies. Lisa Taylor says it follows President Trump's executive

216
00:12:14.919 --> 00:12:18.240
<v Speaker 3>order that restricts transgender military service. Meg Seth wrote in

217
00:12:18.279 --> 00:12:21.879
<v Speaker 3>a memorandum for senior Pentagon leadership, efforts to split our

218
00:12:21.960 --> 00:12:24.919
<v Speaker 3>troops along the lines of identity weaken our force and

219
00:12:24.960 --> 00:12:28.960
<v Speaker 3>make us vulnerable. Heg Seth also ordered a suspension of

220
00:12:29.120 --> 00:12:33.840
<v Speaker 3>medical procedures associated with affirming or facilitating a gender transition

221
00:12:34.039 --> 00:12:38.840
<v Speaker 3>for current service members with gender dysphoria. Marriages in China

222
00:12:38.919 --> 00:12:43.120
<v Speaker 3>have dropped to their lowest level ever. Official Chinese stats

223
00:12:43.159 --> 00:12:46.279
<v Speaker 3>show the number of marriage registrations has fallen to six

224
00:12:46.399 --> 00:12:49.720
<v Speaker 3>million after a post pandemic rise to nearly eight million

225
00:12:49.840 --> 00:12:53.159
<v Speaker 3>that was in twenty twenty three. The Chinese Communist Party,

226
00:12:53.159 --> 00:12:55.679
<v Speaker 3>which runs the government, says it wants people to get

227
00:12:55.720 --> 00:12:58.720
<v Speaker 3>married to help stop a drop in the country's birth rate.

228
00:12:59.360 --> 00:13:03.799
<v Speaker 3>The Mister Kennel Club dog Show is underway in New

229
00:13:03.879 --> 00:13:07.720
<v Speaker 3>York City. About twenty five hundred dogs representing more than

230
00:13:07.759 --> 00:13:10.399
<v Speaker 3>two hundred breeds are taking part in the annual event

231
00:13:10.480 --> 00:13:14.000
<v Speaker 3>at the Javits Convention Center and at Madison Square Garden.

232
00:13:14.320 --> 00:13:18.200
<v Speaker 3>It culminates in the coveted Best In Show later tonight,

233
00:13:18.480 --> 00:13:21.360
<v Speaker 3>which reminds me of the movie Best In Show, which

234
00:13:21.440 --> 00:13:24.600
<v Speaker 3>is hysterical. All of that movie if you haven't seen it,

235
00:13:24.679 --> 00:13:27.799
<v Speaker 3>the mockumentary with Christopher Guests and Eugene Levy and Oh

236
00:13:27.840 --> 00:13:32.279
<v Speaker 3>my gosh, so so funny. Don't want to forget that

237
00:13:32.399 --> 00:13:35.200
<v Speaker 3>coming up this hour speaking of a great show, Tony

238
00:13:35.279 --> 00:13:38.799
<v Speaker 3>and Grammy winning musical Dear Evan Hanson is coming to

239
00:13:38.879 --> 00:13:43.120
<v Speaker 3>the Soritos Center for the Performing Arts this weekend February

240
00:13:43.159 --> 00:13:48.279
<v Speaker 3>fourteenth and February fifteenth, also February sixteenth, and we have

241
00:13:48.360 --> 00:13:52.519
<v Speaker 3>tickets for you to the show on Saturday night. In fact,

242
00:13:52.519 --> 00:13:55.159
<v Speaker 3>we have five pairs of tickets, so keep your phones handy.

243
00:13:55.200 --> 00:13:57.759
<v Speaker 3>We're given those away in just the next few minutes.

244
00:13:58.200 --> 00:14:02.440
<v Speaker 3>A man is facing felony charges allegedly throwing objects on

245
00:14:02.559 --> 00:14:04.200
<v Speaker 3>to the one to one freeway during one of the

246
00:14:04.200 --> 00:14:08.639
<v Speaker 3>protests against President Trump's immigration policies. Martin Torres is charged

247
00:14:08.639 --> 00:14:11.559
<v Speaker 3>with throwing things off the Spring Street overpass and vandalizing

248
00:14:11.600 --> 00:14:14.279
<v Speaker 3>a freeway sign on February third. He could get more

249
00:14:14.320 --> 00:14:17.039
<v Speaker 3>than seven years in prison if convicted. A pause on

250
00:14:17.159 --> 00:14:21.440
<v Speaker 3>President Trump's buyout offer to federal employees has been extended again.

251
00:14:22.000 --> 00:14:26.279
<v Speaker 3>Federal judge in Boston extended the temporary restraining order yesterday.

252
00:14:26.279 --> 00:14:29.600
<v Speaker 3>It affects as many as two million federal employees. More

253
00:14:29.639 --> 00:14:33.519
<v Speaker 3>than sixty thousand workers have reportedly accepted the offer so far.

254
00:14:33.960 --> 00:14:37.039
<v Speaker 3>New Laker superstar Luka Doncic has made a splash in

255
00:14:37.120 --> 00:14:40.240
<v Speaker 3>his new city, announcing his foundation is donating a half

256
00:14:40.240 --> 00:14:43.320
<v Speaker 3>million dollars to fire recovery efforts. The money will go

257
00:14:43.399 --> 00:14:46.559
<v Speaker 3>to rebuilding properties destroyed by the palisades and eaten fires,

258
00:14:46.559 --> 00:14:50.159
<v Speaker 3>with a focus on playgrounds, sports courts, and fields. So

259
00:14:50.440 --> 00:14:53.039
<v Speaker 3>as his message message said, kids have a safe place

260
00:14:53.080 --> 00:14:57.240
<v Speaker 3>to play, the announcement was signed, your new neighbor. That's

261
00:14:57.279 --> 00:14:59.720
<v Speaker 3>a good neighbor to have. Let's say good morning to

262
00:14:59.799 --> 00:15:02.000
<v Speaker 3>a he sees Jim Ryan.

263
00:15:01.840 --> 00:15:04.120
<v Speaker 4>So Jim, I hate that he left town here.

264
00:15:04.639 --> 00:15:07.320
<v Speaker 3>Oh that's right. Well Luka Doncic, Well, I think we're

265
00:15:07.320 --> 00:15:11.200
<v Speaker 3>going to love him too. He scored fifteen points last night. Yeah, okay,

266
00:15:11.360 --> 00:15:15.080
<v Speaker 3>well let's move on now. We haven't depressed. Jim Ryan,

267
00:15:16.000 --> 00:15:18.240
<v Speaker 3>Jim Moore. High school grads are often not to go

268
00:15:18.279 --> 00:15:21.159
<v Speaker 3>to college or trade school or directly into the workforce,

269
00:15:21.200 --> 00:15:22.559
<v Speaker 3>So what's their other option?

270
00:15:23.480 --> 00:15:26.440
<v Speaker 4>Uniform? They're signing up there and listing for the military

271
00:15:26.480 --> 00:15:28.440
<v Speaker 4>one of the what do we have six branches now?

272
00:15:28.440 --> 00:15:32.559
<v Speaker 4>I guess Army, Air Force, Marines, Navy, Coast Guard, and

273
00:15:32.639 --> 00:15:35.679
<v Speaker 4>Space Force six of them. And the Army secretary, I

274
00:15:35.679 --> 00:15:39.000
<v Speaker 4>mean there's the former Army secretary said that that branch

275
00:15:39.039 --> 00:15:41.039
<v Speaker 4>the Army is on track to meet its twenty twenty

276
00:15:41.039 --> 00:15:44.120
<v Speaker 4>five and listman goals easily, and they're expecting eighty one

277
00:15:44.159 --> 00:15:47.799
<v Speaker 4>thousand new recruits at the Army, and the same holds

278
00:15:47.840 --> 00:15:51.639
<v Speaker 4>true across the branches here the Air Force ten thousand

279
00:15:51.720 --> 00:15:55.080
<v Speaker 4>more recruits in eighteen months. That a lot of this,

280
00:15:55.200 --> 00:15:56.519
<v Speaker 4>I mean, there are a lot of reasons behind this.

281
00:15:56.600 --> 00:15:58.960
<v Speaker 4>Pete Hagsath, the new Defense Secretary, says that it's a

282
00:15:59.000 --> 00:16:03.519
<v Speaker 4>new spirit of patriotism related to the election of President Trump.

283
00:16:03.799 --> 00:16:07.200
<v Speaker 4>But the trend really began early last year, so before

284
00:16:07.240 --> 00:16:09.960
<v Speaker 4>the election, you were seeing these numbers rise. So we'll

285
00:16:10.000 --> 00:16:11.799
<v Speaker 4>see if this is a trend or just a spike.

286
00:16:11.840 --> 00:16:15.759
<v Speaker 3>Amy, Okay, because I think in your notes. You said

287
00:16:15.759 --> 00:16:18.120
<v Speaker 3>the December numbers kind of shot up.

288
00:16:18.799 --> 00:16:19.159
<v Speaker 2>It did.

289
00:16:19.519 --> 00:16:22.320
<v Speaker 4>Yeah, they were dramatically higher than they had been the

290
00:16:23.240 --> 00:16:26.120
<v Speaker 4>you know, the previous December. But even the December number

291
00:16:26.120 --> 00:16:29.320
<v Speaker 4>at fifty eight hundred and seventy seven new recruits in

292
00:16:29.320 --> 00:16:33.120
<v Speaker 4>the army was lower than you saw in August. So

293
00:16:33.320 --> 00:16:35.799
<v Speaker 4>three months before that you saw this spike. That's why,

294
00:16:36.039 --> 00:16:38.000
<v Speaker 4>you know, you've got to give it to some time,

295
00:16:38.080 --> 00:16:40.720
<v Speaker 4>give the averages a chance to even out so that

296
00:16:40.799 --> 00:16:43.960
<v Speaker 4>we can see if it is an actual trend, a

297
00:16:44.080 --> 00:16:47.320
<v Speaker 4>rising number over time. Because we saw the numbers drop

298
00:16:47.320 --> 00:16:51.519
<v Speaker 4>off dramatically during the pandemic. Military recruiters couldn't set up

299
00:16:51.519 --> 00:16:54.559
<v Speaker 4>their folding tables at junior colleges or high schools and

300
00:16:55.120 --> 00:16:57.600
<v Speaker 4>try to recruit new people that way, and that was

301
00:16:57.639 --> 00:17:00.559
<v Speaker 4>a major way that they had people signing up. And

302
00:17:00.679 --> 00:17:03.159
<v Speaker 4>so we you know, lost a lot of folks from

303
00:17:03.240 --> 00:17:06.759
<v Speaker 4>attrition because of lack of recruiting them. Those numbers now

304
00:17:07.079 --> 00:17:09.720
<v Speaker 4>than there were. Enlist of recruiters has gone up as

305
00:17:09.759 --> 00:17:10.559
<v Speaker 4>well for the Army.

306
00:17:11.519 --> 00:17:13.319
<v Speaker 3>Okay, And is it across the board? Is it the

307
00:17:13.319 --> 00:17:16.359
<v Speaker 3>other branches as well, or is it really focusing on Army. No,

308
00:17:16.440 --> 00:17:17.000
<v Speaker 3>they're all.

309
00:17:16.880 --> 00:17:21.000
<v Speaker 4>Seeing this increase, and critics say that part of it

310
00:17:21.039 --> 00:17:25.160
<v Speaker 4>may be that some of the standards for enlisting, for

311
00:17:25.200 --> 00:17:28.839
<v Speaker 4>signing up, for getting in have been lowered. You know,

312
00:17:30.039 --> 00:17:33.079
<v Speaker 4>at the Air Force, for example, ten thousand more recruits

313
00:17:33.119 --> 00:17:37.440
<v Speaker 4>across eighteen months than some critics, even in trade magazines

314
00:17:37.480 --> 00:17:40.680
<v Speaker 4>Air and Space Forces Magazine, they say it's because these

315
00:17:40.720 --> 00:17:43.039
<v Speaker 4>standards were dropped a bit. But the Air Force insists

316
00:17:43.920 --> 00:17:47.279
<v Speaker 4>that it's not dropping standards for training, so well, it

317
00:17:47.319 --> 00:17:50.759
<v Speaker 4>may be a little bit easier to get into the

318
00:17:51.039 --> 00:17:55.559
<v Speaker 4>Air Force, the Army, the Navy, that the training once

319
00:17:55.599 --> 00:17:58.519
<v Speaker 4>you're inside is as rigorous as it has been before.

320
00:17:58.880 --> 00:18:00.559
<v Speaker 3>Oh okay, because I was going to say, well, heg

321
00:18:00.640 --> 00:18:04.759
<v Speaker 3>Seth has been saying, hey, we are going to increase

322
00:18:04.839 --> 00:18:08.319
<v Speaker 3>the lethality and not decrease standards. But it sounds like

323
00:18:08.640 --> 00:18:12.799
<v Speaker 3>once you're in it's going to be the same. But

324
00:18:13.240 --> 00:18:14.799
<v Speaker 3>getting in is a little bit easier.

325
00:18:14.839 --> 00:18:16.920
<v Speaker 4>Right on one thing they're doing once you if you

326
00:18:17.519 --> 00:18:20.279
<v Speaker 4>score in the bottom thirty percent, for example, at the Army,

327
00:18:20.799 --> 00:18:24.160
<v Speaker 4>some of those folks are being offered remedial courses or

328
00:18:24.200 --> 00:18:28.039
<v Speaker 4>opportunities to retake the test or to study up and

329
00:18:28.599 --> 00:18:31.559
<v Speaker 4>then improve their score, so well, they may not be

330
00:18:31.839 --> 00:18:34.480
<v Speaker 4>allowed in with a lower score. They're being allowed a

331
00:18:34.559 --> 00:18:37.759
<v Speaker 4>chance to bone up on the material, to take the

332
00:18:37.799 --> 00:18:39.319
<v Speaker 4>test again and then to get in that.

333
00:18:39.279 --> 00:18:41.000
<v Speaker 2>Way to enlist.

334
00:18:41.200 --> 00:18:43.400
<v Speaker 3>Okay, and do we know or have you heard if

335
00:18:43.759 --> 00:18:47.240
<v Speaker 3>there are more people applying for military academies too, like

336
00:18:47.279 --> 00:18:49.559
<v Speaker 3>West Point and Air Force Academy or is that still

337
00:18:49.599 --> 00:18:50.400
<v Speaker 3>too soon to tell?

338
00:18:50.480 --> 00:18:53.640
<v Speaker 4>Yeah, they're always they're always brimming, you know. And of

339
00:18:53.680 --> 00:18:56.559
<v Speaker 4>course with those you have to have recommendations from members

340
00:18:56.599 --> 00:19:00.720
<v Speaker 4>of Congress and others and letters sent off, and so

341
00:19:01.359 --> 00:19:05.759
<v Speaker 4>that's always a major way that recruiting is done. I

342
00:19:05.839 --> 00:19:08.880
<v Speaker 4>was interested to see interested in this amy. So sure,

343
00:19:08.880 --> 00:19:11.079
<v Speaker 4>we've got the six branches of the military. You know

344
00:19:11.119 --> 00:19:14.440
<v Speaker 4>who else is recruiting heavily right now? The Secret Service?

345
00:19:14.880 --> 00:19:15.119
<v Speaker 2>I know.

346
00:19:15.200 --> 00:19:16.480
<v Speaker 3>Did you see their Super Bowl ad?

347
00:19:16.480 --> 00:19:19.279
<v Speaker 4>It was Prettyeah, there was an ad that aired. I

348
00:19:19.319 --> 00:19:21.440
<v Speaker 4>don't know if it was streamed or ran on TV.

349
00:19:21.440 --> 00:19:24.000
<v Speaker 4>I don't think it did. But it was inside the Superdome,

350
00:19:24.480 --> 00:19:27.759
<v Speaker 4>this ad that was put on the jumbo trons recruiting

351
00:19:27.839 --> 00:19:29.279
<v Speaker 4>people for the Secret Service.

352
00:19:29.640 --> 00:19:30.920
<v Speaker 3>Yeah, it was a great ad too.

353
00:19:31.160 --> 00:19:32.759
<v Speaker 4>Did you see it? Where did you see the ad?

354
00:19:33.319 --> 00:19:33.519
<v Speaker 7>Well?

355
00:19:33.640 --> 00:19:36.079
<v Speaker 3>I thought I saw it during the Super Bowl.

356
00:19:36.400 --> 00:19:38.720
<v Speaker 4>Well, maybe maybe it did air. I was told that

357
00:19:38.759 --> 00:19:43.319
<v Speaker 4>it only showed inside the Superdome, but I don't know.

358
00:19:43.640 --> 00:19:46.119
<v Speaker 3>Well, I have to tell you, I was at a

359
00:19:46.119 --> 00:19:48.240
<v Speaker 3>Super Bowl party and it wasn't paying that close of attention,

360
00:19:48.279 --> 00:19:51.119
<v Speaker 3>so I was watching the ads after. So maybe that

361
00:19:51.200 --> 00:19:54.440
<v Speaker 3>was one of the ads and didn't specify. But it's

362
00:19:54.480 --> 00:19:57.839
<v Speaker 3>pretty cool. Yeah, very patriotic. We like all that stuff.

363
00:19:58.400 --> 00:20:03.640
<v Speaker 3>Jim Ryan, We're sorry about Luca, but Lucah. Yeah, sorry, Luca.

364
00:20:03.720 --> 00:20:04.720
<v Speaker 4>We hardly knew ye.

365
00:20:06.680 --> 00:20:09.559
<v Speaker 3>We'll talk to you soon, tell you all right. People

366
00:20:09.599 --> 00:20:12.319
<v Speaker 3>in the Burn areas in La County are getting ready

367
00:20:12.400 --> 00:20:16.160
<v Speaker 3>for more rain. It's expected to start sometime tomorrow late

368
00:20:16.319 --> 00:20:20.200
<v Speaker 3>and could trigger flash flooding and debris flows. The National

369
00:20:20.240 --> 00:20:22.519
<v Speaker 3>Weather Services issued a flash flood watch. It'll be in

370
00:20:22.559 --> 00:20:25.359
<v Speaker 3>effect from Thursday afternoon through late Thursday night for most

371
00:20:25.480 --> 00:20:30.079
<v Speaker 3>of the LA area. Forecasters say rain rates near one

372
00:20:30.160 --> 00:20:33.039
<v Speaker 3>inch per hour will be possible after midnight. There's also

373
00:20:33.039 --> 00:20:36.400
<v Speaker 3>a ten percent chance of thunderstorms. The Governor of Virginia

374
00:20:36.480 --> 00:20:38.680
<v Speaker 3>has declared a state of emergency ahead of a storm

375
00:20:38.680 --> 00:20:41.160
<v Speaker 3>moving that way. The National Weather Service's travel is going

376
00:20:41.200 --> 00:20:44.400
<v Speaker 3>to become treacherous today and tomorrow in much of Virginia

377
00:20:44.440 --> 00:20:48.680
<v Speaker 3>and West Virginia. Winter storm warnings extend from Kentucky all

378
00:20:48.680 --> 00:20:51.000
<v Speaker 3>the way to southern New Jersey. A separate storm system

379
00:20:51.039 --> 00:20:53.519
<v Speaker 3>is set to drop heavy snow tomorrow from Kansas and

380
00:20:53.559 --> 00:20:58.000
<v Speaker 3>Missouri to the Great Lakes. Sounds like winter. Huntington Beach

381
00:20:58.160 --> 00:21:00.839
<v Speaker 3>City Attorney Michael Gates, who has but heads with state

382
00:21:00.880 --> 00:21:04.160
<v Speaker 3>officials on numerous issues over the past several years, has

383
00:21:04.200 --> 00:21:06.960
<v Speaker 3>announced he's going to be joining the Trump administration as

384
00:21:07.000 --> 00:21:11.119
<v Speaker 3>a Deputy Assistant Attorney General in the Justice Department's Civil

385
00:21:11.200 --> 00:21:14.880
<v Speaker 3>Rights Division. Teachers at El Camino Reel High School and

386
00:21:14.880 --> 00:21:18.720
<v Speaker 3>Woodland Hills have gone on strike over failed contract negotiations.

387
00:21:19.240 --> 00:21:22.720
<v Speaker 3>United Teachers LA says educators have been working without a

388
00:21:22.720 --> 00:21:26.400
<v Speaker 3>contract since July. This teacher tells KTLA they deserve to

389
00:21:26.440 --> 00:21:27.759
<v Speaker 3>be paid a fair way.

390
00:21:27.680 --> 00:21:30.640
<v Speaker 5>Especially here in California where cost of living is storrying

391
00:21:30.640 --> 00:21:32.920
<v Speaker 5>to skyrocket food prices right in a skyrocket, So it's

392
00:21:32.960 --> 00:21:34.720
<v Speaker 5>really important that we stay in fight and make sure

393
00:21:34.720 --> 00:21:37.839
<v Speaker 5>that we have on schedule salary increases.

394
00:21:38.079 --> 00:21:40.720
<v Speaker 3>The teachers say they'll stay on strike until all of

395
00:21:40.759 --> 00:21:44.119
<v Speaker 3>their demands are met. Now that Super Bowl fifty nine

396
00:21:44.160 --> 00:21:47.880
<v Speaker 3>is over, San Francisco is getting ready for Super Bowl

397
00:21:47.960 --> 00:21:51.079
<v Speaker 3>sixty San Francisco. Forty nine Ers owner Jed York was

398
00:21:51.079 --> 00:21:53.680
<v Speaker 3>in New Orleans to accept the hosting duties.

399
00:21:53.799 --> 00:21:56.000
<v Speaker 1>We had a great Super Bowl and Super Bowl fifty.

400
00:21:56.119 --> 00:21:57.559
<v Speaker 1>This is going to blow the doors off.

401
00:21:58.279 --> 00:22:00.079
<v Speaker 3>This will be the second time the game will You

402
00:22:00.119 --> 00:22:02.400
<v Speaker 3>played at Levi Stadium in Santa Clara. In twenty sixteen,

403
00:22:02.440 --> 00:22:04.720
<v Speaker 3>the Super Bowl boosted sales tax revenue in the Bay

404
00:22:04.720 --> 00:22:17.400
<v Speaker 3>Area by two hundred and forty million dollars. That is

405
00:22:17.519 --> 00:22:21.880
<v Speaker 3>music from Dear Evan Hanson. There's a movie about it.

406
00:22:21.920 --> 00:22:24.400
<v Speaker 3>But we have tickets for you to go see this

407
00:22:24.519 --> 00:22:27.279
<v Speaker 3>stage show. It's coming to the Si Rito Center for

408
00:22:27.319 --> 00:22:31.079
<v Speaker 3>the Performing Arts this weekend. We have five pair of

409
00:22:31.079 --> 00:22:34.480
<v Speaker 3>tickets to give away for the show on Saturday night

410
00:22:34.640 --> 00:22:37.680
<v Speaker 3>at eight pm, and we would love to give them

411
00:22:37.799 --> 00:22:40.200
<v Speaker 3>to you, our wake up call listeners. So now's the

412
00:22:40.240 --> 00:22:42.480
<v Speaker 3>time to call again. These are tickets to go see

413
00:22:42.880 --> 00:22:46.400
<v Speaker 3>Evan Hanson the Musical. Such a great show, but bring

414
00:22:46.440 --> 00:22:49.880
<v Speaker 3>your tissues. One eight hundred five to zero one KFI

415
00:22:49.920 --> 00:22:52.559
<v Speaker 3>is the number to call. That's one eight hundred five

416
00:22:52.640 --> 00:22:57.079
<v Speaker 3>to zero, one five, three four and let's we've got

417
00:22:57.279 --> 00:23:02.200
<v Speaker 3>five pair. It's not cool, so let's take caller six seven, eight,

418
00:23:02.359 --> 00:23:05.200
<v Speaker 3>nine and ten. And then if you're calling and it

419
00:23:05.319 --> 00:23:09.119
<v Speaker 3>keeps ringing, you know, hang out because an can only

420
00:23:09.119 --> 00:23:12.519
<v Speaker 3>answer the phone so quickly. Again, it's a color six seven, eight,

421
00:23:12.640 --> 00:23:15.480
<v Speaker 3>nine ten for tickets to go see the Tony and

422
00:23:15.640 --> 00:23:19.240
<v Speaker 3>Grammy winning musical Dear Evan Hanson at the Cerrito Center

423
00:23:19.240 --> 00:23:21.680
<v Speaker 3>for the Performing Arts. Here's the number again, one eight

424
00:23:21.720 --> 00:23:24.960
<v Speaker 3>hundred five two zero one KFI. That's eight hundred five

425
00:23:25.079 --> 00:23:28.880
<v Speaker 3>two zero one five three four good luck. The risk

426
00:23:28.920 --> 00:23:31.599
<v Speaker 3>of debris and mudflows in the burn areas is higher

427
00:23:31.640 --> 00:23:35.279
<v Speaker 3>as a powerful storm heads towards the Southland. Forecasters expect

428
00:23:35.319 --> 00:23:37.279
<v Speaker 3>one and a half to three inches of rain in

429
00:23:37.319 --> 00:23:40.160
<v Speaker 3>most areas. Three to six inches could fall in mountains

430
00:23:40.160 --> 00:23:44.079
<v Speaker 3>and foothills. The heaviest rain is expected Thursday in two Friday.

431
00:23:44.440 --> 00:23:47.200
<v Speaker 3>The California Association of Realtors says it's giving a million

432
00:23:47.240 --> 00:23:50.680
<v Speaker 3>dollars in disaster relief grants to residents affected by the wildfires.

433
00:23:50.920 --> 00:23:52.759
<v Speaker 3>Grants up to one thousand dollars can be used to

434
00:23:52.759 --> 00:23:56.680
<v Speaker 3>cover mortgage relief, rent or temporary housing applications are being

435
00:23:56.720 --> 00:24:02.000
<v Speaker 3>accepted accepted at c a R now through April thirtieth.

436
00:24:02.400 --> 00:24:04.920
<v Speaker 3>In response, to President Trump's talk about wanting to acquire

437
00:24:04.920 --> 00:24:08.599
<v Speaker 3>Greenland from Denmark, thousands of Danish citizens are launching their

438
00:24:08.640 --> 00:24:12.759
<v Speaker 3>own effort to purchase California. The online petition has almost

439
00:24:12.759 --> 00:24:15.839
<v Speaker 3>two hundred thousand signatures. It says buying the Golden State

440
00:24:15.839 --> 00:24:19.319
<v Speaker 3>would provide them with more sunshine, dominance in the tech industry,

441
00:24:19.720 --> 00:24:24.680
<v Speaker 3>limitless avocado toast, and easy access to Disneyland. At sixoh

442
00:24:24.720 --> 00:24:26.920
<v Speaker 3>five handle on the news, President Trump says, all hell

443
00:24:27.000 --> 00:24:28.960
<v Speaker 3>is going to break out if AMAS doesn't let the

444
00:24:29.000 --> 00:24:33.400
<v Speaker 3>hostages out now right now, let's check in with ABC's

445
00:24:33.680 --> 00:24:39.200
<v Speaker 3>Mike Debusky. Mike Elon Musk is looking to acquire more.

446
00:24:41.440 --> 00:24:44.880
<v Speaker 7>Yes, he is looking to acquire open Ai specifically, which

447
00:24:44.920 --> 00:24:47.680
<v Speaker 7>is kind of the leading artificial intelligence company that's out there.

448
00:24:47.759 --> 00:24:50.440
<v Speaker 3>Doesn't he already have an artificial intelligence company.

449
00:24:51.200 --> 00:24:54.680
<v Speaker 7>He sure does. It's called Xai, but it is largely

450
00:24:54.680 --> 00:24:58.039
<v Speaker 7>seen to be kind of lackluster in comparison to open Ai,

451
00:24:58.440 --> 00:25:01.279
<v Speaker 7>though there is some history but between Elon Musk and

452
00:25:01.480 --> 00:25:04.359
<v Speaker 7>open Ai. Open Ai, of course, the maker of chat

453
00:25:04.400 --> 00:25:08.680
<v Speaker 7>GPT and one of the most prominent artificial intelligence companies

454
00:25:09.039 --> 00:25:12.839
<v Speaker 7>in the world. He and Sam Altman, the CEO of

455
00:25:12.960 --> 00:25:16.240
<v Speaker 7>open Ai co founded the company back in twenty fifteen

456
00:25:16.400 --> 00:25:19.640
<v Speaker 7>as a nonprofit and the stated goal of that nonprofit

457
00:25:19.920 --> 00:25:23.920
<v Speaker 7>was to create good AI for all humanity. Right, this

458
00:25:24.279 --> 00:25:27.640
<v Speaker 7>sort of very heady goal of creating safe AI, and

459
00:25:27.680 --> 00:25:30.359
<v Speaker 7>they thought that a nonprofit with the way to do that. However,

460
00:25:30.359 --> 00:25:33.039
<v Speaker 7>there is a for profit piece of open ai that

461
00:25:33.160 --> 00:25:37.480
<v Speaker 7>is controlled by the nonprofit board, and the concern that

462
00:25:37.480 --> 00:25:41.119
<v Speaker 7>Elon Musk had before he eventually left open ai was

463
00:25:41.119 --> 00:25:43.279
<v Speaker 7>that Sam Altman was getting a little too friendly with

464
00:25:43.319 --> 00:25:45.920
<v Speaker 7>the for profit wing, that he was becoming too focused

465
00:25:45.960 --> 00:25:49.240
<v Speaker 7>on making money and not focused enough on keeping AI

466
00:25:49.400 --> 00:25:51.279
<v Speaker 7>safe and deploying it in a way that would be

467
00:25:51.279 --> 00:25:55.400
<v Speaker 7>beneficial to humanity. So he left the company in twenty

468
00:25:55.440 --> 00:25:59.880
<v Speaker 7>eighteen twenty nineteen, founded his own company, Xai, and now

469
00:26:00.039 --> 00:26:02.559
<v Speaker 7>he is putting in a major bid almost one hundred

470
00:26:02.720 --> 00:26:08.200
<v Speaker 7>billion dollars to acquire OpenAI, though it is already running

471
00:26:08.200 --> 00:26:11.559
<v Speaker 7>into some headwinds. Sam Altman posted on social media, no

472
00:26:11.720 --> 00:26:14.640
<v Speaker 7>thank you, but he is interested in acquiring Twitter for

473
00:26:14.799 --> 00:26:18.680
<v Speaker 7>nine point seventy four billion dollars if Elon Musk is

474
00:26:18.720 --> 00:26:21.599
<v Speaker 7>open to it. That is one tenth exactly of the

475
00:26:21.680 --> 00:26:23.519
<v Speaker 7>number that Elon Musk threw out there.

476
00:26:23.519 --> 00:26:25.400
<v Speaker 3>Okay, so does it sound like either one of those

477
00:26:25.400 --> 00:26:28.319
<v Speaker 3>things they're going to happen. Here's something that's not happening

478
00:26:29.240 --> 00:26:32.640
<v Speaker 3>online dating now while it Hub just released a survey

479
00:26:32.680 --> 00:26:35.880
<v Speaker 3>and said that California is the second best state in

480
00:26:35.920 --> 00:26:40.359
<v Speaker 3>the country for online dating opportunities, but apparently fewer people

481
00:26:40.359 --> 00:26:40.960
<v Speaker 3>are swiping.

482
00:26:42.400 --> 00:26:45.519
<v Speaker 7>Yeah, we are observing a pretty big slowdown in the

483
00:26:45.680 --> 00:26:49.240
<v Speaker 7>online dating app industry. Match Group which is the biggest

484
00:26:49.240 --> 00:26:53.160
<v Speaker 7>player here. They own match dot Com and Tinder and Hinge.

485
00:26:53.519 --> 00:26:56.440
<v Speaker 7>They reported flat overall revenues for twenty twenty four in

486
00:26:56.480 --> 00:27:00.680
<v Speaker 7>their most recent earnings report, paying subscribers are down. Management

487
00:27:00.720 --> 00:27:03.119
<v Speaker 7>of match Groups says that they expect sales to continue

488
00:27:03.119 --> 00:27:06.119
<v Speaker 7>to decline in twenty twenty five. The picture is not

489
00:27:06.200 --> 00:27:09.599
<v Speaker 7>much better over at Bumble, which is match Group's major competitor.

490
00:27:10.000 --> 00:27:12.920
<v Speaker 7>They said that they did see an increase in users,

491
00:27:12.920 --> 00:27:16.519
<v Speaker 7>but they are making less money off of each individual user,

492
00:27:16.720 --> 00:27:20.480
<v Speaker 7>and that overall revenues are down as a result. That's

493
00:27:20.559 --> 00:27:23.279
<v Speaker 7>just the finances. We're also seeing a general malaise in

494
00:27:23.359 --> 00:27:26.720
<v Speaker 7>how people think about these online dating services. A Pew

495
00:27:26.759 --> 00:27:29.599
<v Speaker 7>Research study from twenty twenty three finds that people haven't

496
00:27:29.640 --> 00:27:33.359
<v Speaker 7>been having good experiences Almost half of all online daters

497
00:27:33.599 --> 00:27:36.599
<v Speaker 7>say that their experiences have been negative on the apps,

498
00:27:36.759 --> 00:27:40.519
<v Speaker 7>and that is particularly true for women. Perhaps no surprise there.

499
00:27:40.960 --> 00:27:43.759
<v Speaker 7>What does negativetivity mean in this context? While a couple

500
00:27:43.799 --> 00:27:47.079
<v Speaker 7>different things, Fifty two percent say that they've encountered someone

501
00:27:47.119 --> 00:27:50.079
<v Speaker 7>who they thought was a scammer on one of these apps.

502
00:27:50.319 --> 00:27:54.200
<v Speaker 7>Fifty seven percent of women say that online dating is unsafe,

503
00:27:54.519 --> 00:27:57.519
<v Speaker 7>and eighty five percent of people say that someone continued

504
00:27:57.519 --> 00:28:00.119
<v Speaker 7>to talk to them when they said the conversation and

505
00:28:00.440 --> 00:28:03.119
<v Speaker 7>was over. So if there's any takeaway from this conversation,

506
00:28:03.359 --> 00:28:06.119
<v Speaker 7>it's to layoff if someone says they're not interested.

507
00:28:06.440 --> 00:28:11.920
<v Speaker 3>Okay, sounds like we're all just giving up, right. ABC's

508
00:28:12.000 --> 00:28:14.240
<v Speaker 3>Mike Dubuski, thanks so much for the information.

509
00:28:15.279 --> 00:28:15.960
<v Speaker 7>Of course, take care.

510
00:28:16.079 --> 00:28:18.359
<v Speaker 3>All right, we'll talk to you soon. And now let's

511
00:28:18.359 --> 00:28:22.799
<v Speaker 3>switch over to Bloomberg's Courtney Donahoe. Good morning, Courtney.

512
00:28:23.000 --> 00:28:26.319
<v Speaker 12>Good morning, Happy Tuesday, Happy Tuesday.

513
00:28:26.440 --> 00:28:29.559
<v Speaker 3>So mister Powell is headed to the hill today. What

514
00:28:29.759 --> 00:28:31.960
<v Speaker 3>is that? What is that? And what does it mean?

515
00:28:32.640 --> 00:28:34.640
<v Speaker 12>Yes, well, a lot of people are looking at a

516
00:28:34.680 --> 00:28:37.720
<v Speaker 12>reserve chair Jay Powell. He's giving a semi annual testimony

517
00:28:37.759 --> 00:28:39.319
<v Speaker 12>to lawmakers starting today.

518
00:28:39.359 --> 00:28:41.319
<v Speaker 3>So He's likely going to highlight.

519
00:28:40.960 --> 00:28:43.759
<v Speaker 12>How the resilient economy is a reason to hold interest

520
00:28:43.839 --> 00:28:44.519
<v Speaker 12>rates steady.

521
00:28:44.559 --> 00:28:46.640
<v Speaker 3>But everybody on Wall Street's going to.

522
00:28:46.599 --> 00:28:49.480
<v Speaker 12>Be watching for every word that he says on what

523
00:28:49.519 --> 00:28:52.359
<v Speaker 12>that means ahead for interest rates, what he sees ahead

524
00:28:52.400 --> 00:28:53.240
<v Speaker 12>for the economy.

525
00:28:53.359 --> 00:28:56.119
<v Speaker 3>So it is going to be a key event. Head

526
00:28:56.119 --> 00:28:57.759
<v Speaker 3>of that. Stocks are lower.

527
00:28:58.240 --> 00:29:00.839
<v Speaker 12>We're looking at Dow futures day down about one hundred

528
00:29:00.920 --> 00:29:05.000
<v Speaker 12>points and p futures falling three tenths of a percent. Yesterday,

529
00:29:05.039 --> 00:29:07.720
<v Speaker 12>though we saw rebound for stocks led by the market's

530
00:29:07.759 --> 00:29:11.759
<v Speaker 12>most influential group, that is technology shares. The Dow closed

531
00:29:11.839 --> 00:29:14.039
<v Speaker 12>up one hundred and sixty seven points on the day.

532
00:29:14.279 --> 00:29:17.119
<v Speaker 12>But one stock we're following on the radar on Wall Street.

533
00:29:17.440 --> 00:29:20.960
<v Speaker 12>Higher prices helping Coca Cola profit beat expectations. At the

534
00:29:21.079 --> 00:29:23.519
<v Speaker 12>drinks giant, shoppers have been paying more for the company,

535
00:29:23.640 --> 00:29:26.680
<v Speaker 12>SODA's energy drinks and juices, and we're seeing the stock

536
00:29:26.720 --> 00:29:27.680
<v Speaker 12>higher in the pre market.

537
00:29:27.880 --> 00:29:30.319
<v Speaker 3>SODA's like ten bucks for a twelve pack. Now I'm

538
00:29:30.319 --> 00:29:32.960
<v Speaker 3>wearing my love Diet Coke shirt today. But it's crazy

539
00:29:33.000 --> 00:29:34.200
<v Speaker 3>how expensive it's gotten.

540
00:29:34.759 --> 00:29:37.839
<v Speaker 12>Oh yeah, and it's but still but just a lot

541
00:29:37.880 --> 00:29:40.279
<v Speaker 12>of people are budget conscious shoppers right now, they've been

542
00:29:40.279 --> 00:29:43.599
<v Speaker 12>pulling back on a whole bunch of other items, including pepsi.

543
00:29:43.720 --> 00:29:46.799
<v Speaker 12>But it seems that people are still buying Coca Cola product.

544
00:29:46.799 --> 00:29:49.640
<v Speaker 3>Oh that's CAUs coca is better than pepsi. Okay, so

545
00:29:49.799 --> 00:29:53.240
<v Speaker 3>I have no opinion. There something else that people are

546
00:29:53.279 --> 00:29:56.559
<v Speaker 3>spending a lot of money on. Is Valentine's Day coming

547
00:29:56.640 --> 00:30:00.279
<v Speaker 3>up this Friday? Yes, and time is ticking it you

548
00:30:00.359 --> 00:30:03.279
<v Speaker 3>have to buy something. I like jewelry by the way.

549
00:30:04.079 --> 00:30:08.079
<v Speaker 12>Anyway, Consumers are expected to spend a record twenty seven

550
00:30:08.079 --> 00:30:10.880
<v Speaker 12>and a half billion dollars on Valentine's Day this year,

551
00:30:11.000 --> 00:30:14.559
<v Speaker 12>according to the National Retail Federation, slightly above the record

552
00:30:14.559 --> 00:30:16.880
<v Speaker 12>that was set in twenty twenty. I guess we had

553
00:30:16.880 --> 00:30:18.880
<v Speaker 12>to buy something for our loved ones, knowing that we

554
00:30:18.880 --> 00:30:21.559
<v Speaker 12>were heading into the pandemic lockdown with them, so you

555
00:30:21.680 --> 00:30:24.440
<v Speaker 12>definitely want to make them happy. But the most popular

556
00:30:24.480 --> 00:30:27.400
<v Speaker 12>gift this year is candy, followed by flowers.

557
00:30:28.160 --> 00:30:30.799
<v Speaker 3>Candy's less expensive than flowers in most cases, so I'm

558
00:30:30.839 --> 00:30:36.480
<v Speaker 3>voting for candy. There we go. I love candy. Donaho.

559
00:30:36.519 --> 00:30:38.359
<v Speaker 3>Thank you so much for the time this morning. We'll

560
00:30:38.359 --> 00:30:40.720
<v Speaker 3>talk to you tomorrow. Have a great day. All right,

561
00:30:40.759 --> 00:30:42.759
<v Speaker 3>take care, Let's get back to some of the stories

562
00:30:42.759 --> 00:30:45.200
<v Speaker 3>coming out of the KFI twenty four hour newsroom. Felt

563
00:30:45.240 --> 00:30:46.720
<v Speaker 3>like I cut her off, but I've been told to

564
00:30:46.720 --> 00:30:49.519
<v Speaker 3>limit my time with her. She's a busy woman. She's

565
00:30:49.559 --> 00:30:52.039
<v Speaker 3>on like dozens of stations around the country. So I

566
00:30:52.079 --> 00:30:53.400
<v Speaker 3>love that we get to kind of check in with

567
00:30:53.440 --> 00:30:56.440
<v Speaker 3>her and get little money updates every day. Federal officials

568
00:30:56.480 --> 00:30:59.680
<v Speaker 3>say wildfire cleanup in the Alta, Dina and Padalisades fire

569
00:30:59.720 --> 00:31:01.400
<v Speaker 3>area is is moving quickly.

570
00:31:01.599 --> 00:31:04.319
<v Speaker 6>More than one thousand workers from the EPA and hundreds

571
00:31:04.319 --> 00:31:06.240
<v Speaker 6>more from FEMA have been on the ground at both

572
00:31:06.279 --> 00:31:09.640
<v Speaker 6>burn zones, working through phase one, the removal of hazardous waist.

573
00:31:10.119 --> 00:31:12.440
<v Speaker 6>Eric Swinson of the Army Corps of Engineer says Phase

574
00:31:12.440 --> 00:31:14.680
<v Speaker 6>two is when all the rest will be cleaned up.

575
00:31:14.799 --> 00:31:17.799
<v Speaker 7>These teams are working around the clock to clear eligible

576
00:31:17.799 --> 00:31:21.920
<v Speaker 7>degree as quickly as possible while upholding the highest safety

577
00:31:21.960 --> 00:31:23.160
<v Speaker 7>and environmental standards.

578
00:31:23.200 --> 00:31:26.119
<v Speaker 6>The Army Corps says more than seven thousand property owners

579
00:31:26.119 --> 00:31:29.240
<v Speaker 6>have submitted right of entry forms asking the federal teams

580
00:31:29.240 --> 00:31:32.599
<v Speaker 6>to take care of the cleanup. Michael Monks KFI News.

581
00:31:32.440 --> 00:31:35.160
<v Speaker 3>And Ellie County Sheriff's deputy who pleaded no contest to

582
00:31:35.200 --> 00:31:37.640
<v Speaker 3>an off duty hit and run crash on the ten Freeway,

583
00:31:37.640 --> 00:31:40.440
<v Speaker 3>and Covina has been sentenced to two years probation and

584
00:31:40.559 --> 00:31:42.720
<v Speaker 3>a three month DUI program me. He also has to

585
00:31:42.720 --> 00:31:46.599
<v Speaker 3>give up his Peace Officers Standards and Training certification and

586
00:31:46.680 --> 00:31:48.960
<v Speaker 3>has to pay restitution to the person hurt in the

587
00:31:49.000 --> 00:31:52.039
<v Speaker 3>crash back in twenty eighteen. Prosecutors say the deputy was

588
00:31:52.079 --> 00:31:55.000
<v Speaker 3>speeding around midnight when he rear inted a car, forcing

589
00:31:55.039 --> 00:31:59.160
<v Speaker 3>it into another vehicle. Police in Santa Monica say the

590
00:31:59.160 --> 00:32:01.839
<v Speaker 3>body of a homeless woman who'd been badly beaten has

591
00:32:01.880 --> 00:32:04.480
<v Speaker 3>been found on the beach. Lifeguards say the body found

592
00:32:04.559 --> 00:32:07.559
<v Speaker 3>yesterday was in a sleeping bag. They say the woman

593
00:32:07.599 --> 00:32:10.519
<v Speaker 3>was pronounced dead at the scene and murder is suspected.

594
00:32:11.799 --> 00:32:15.200
<v Speaker 3>Marriages in China have dropped to their lowest level ever.

595
00:32:15.680 --> 00:32:18.880
<v Speaker 3>Wait already did that story. The Chinese Communist Party runs

596
00:32:18.880 --> 00:32:21.519
<v Speaker 3>the government says it wants to get people to get

597
00:32:21.519 --> 00:32:24.559
<v Speaker 3>married to help stop a drop in the country's birth rate.

598
00:32:24.880 --> 00:32:29.000
<v Speaker 3>Tiger Woods has withdrawn from the Genesis Invitational PGA Tour

599
00:32:29.079 --> 00:32:32.079
<v Speaker 3>event he hosts as he mourns the death of his mother.

600
00:32:32.160 --> 00:32:34.079
<v Speaker 3>He said on x he was planning to compete, but

601
00:32:34.200 --> 00:32:37.559
<v Speaker 3>just isn't ready. His mom died February fourth. Tiger says

602
00:32:37.559 --> 00:32:41.079
<v Speaker 3>he's still processing that loss. The tournament kicks off on

603
00:32:41.240 --> 00:32:45.799
<v Speaker 3>Thursday from Tory Pines in San Diego in the strongest

604
00:32:45.799 --> 00:32:48.880
<v Speaker 3>storm in the years, headed towards southern California, with rainfall

605
00:32:48.920 --> 00:32:51.079
<v Speaker 3>of two inches or more. The rain could trigger mud

606
00:32:51.079 --> 00:32:54.839
<v Speaker 3>and debris flows, especially in the Pacific Palisades and Altadena

607
00:32:54.920 --> 00:32:58.960
<v Speaker 3>Burn areas Tolca. Gabbert has taken another step toward becoming

608
00:32:59.000 --> 00:33:02.599
<v Speaker 3>the next Director of National Intelligence, cleared a major hurdle

609
00:33:02.960 --> 00:33:06.480
<v Speaker 3>yesterday when the US Senate voted along party lines to

610
00:33:06.599 --> 00:33:10.440
<v Speaker 3>advance her nomination. The final vote to Confirmer is expected

611
00:33:10.440 --> 00:33:12.759
<v Speaker 3>to be held late tonight or early tomorrow. Lift is

612
00:33:12.759 --> 00:33:16.119
<v Speaker 3>getting into the robotaxi game. The Ride Stairs ride share

613
00:33:16.200 --> 00:33:19.200
<v Speaker 3>services announced it's looking to launch an autonomous vehicle fleet

614
00:33:19.240 --> 00:33:23.440
<v Speaker 3>sometime next year. It'll be rolled out in Dallas first.

615
00:33:23.920 --> 00:33:26.359
<v Speaker 3>We're just minutes away from handle on the news this morning,

616
00:33:26.559 --> 00:33:30.480
<v Speaker 3>is there a run on eggs? Trader Jos is getting

617
00:33:30.519 --> 00:33:33.640
<v Speaker 3>ready for it right now. Let's say good morning to

618
00:33:33.759 --> 00:33:36.160
<v Speaker 3>the host of How to Money from noon to two

619
00:33:36.279 --> 00:33:40.799
<v Speaker 3>on Sunday, Right here on KFI, it's Joel Larsguard. So Joel,

620
00:33:40.839 --> 00:33:43.440
<v Speaker 3>President Trump says it's time to ditch the pennies.

621
00:33:44.240 --> 00:33:46.920
<v Speaker 13>Hey, I've been saying this for years, Amy, nobody's listening

622
00:33:46.960 --> 00:33:47.160
<v Speaker 13>to me.

623
00:33:47.279 --> 00:33:50.559
<v Speaker 3>Well, apparently you got the president's here. Maybe maybe I

624
00:33:50.640 --> 00:33:51.000
<v Speaker 3>doubt it.

625
00:33:52.480 --> 00:33:56.119
<v Speaker 13>This has been a proposal, a bipartisan proposal. Actually, there

626
00:33:56.160 --> 00:33:58.680
<v Speaker 13>have been people on both sides of the aisle saying, hey,

627
00:33:59.000 --> 00:34:02.480
<v Speaker 13>the penny's longer to get rid of it. Especially like

628
00:34:02.519 --> 00:34:05.160
<v Speaker 13>think about when the good old days when my grandma

629
00:34:05.200 --> 00:34:07.680
<v Speaker 13>would tell me about buying a coke for a nickel,

630
00:34:07.839 --> 00:34:10.760
<v Speaker 13>and that's five pennies, right, and so, like pennies actually

631
00:34:11.119 --> 00:34:13.719
<v Speaker 13>mattered because you could buy stuff with them. There's like

632
00:34:13.880 --> 00:34:16.039
<v Speaker 13>essentially nothing that you could buy for a penny anymore.

633
00:34:16.119 --> 00:34:18.840
<v Speaker 13>Even think about like dollar stores. Most of the dollar

634
00:34:18.840 --> 00:34:22.360
<v Speaker 13>stores have gone away from selling things for a dollar

635
00:34:22.760 --> 00:34:26.199
<v Speaker 13>because of rising prices, and so you can't really even

636
00:34:26.280 --> 00:34:28.679
<v Speaker 13>buy as much for a dollar anymore. So the fact

637
00:34:28.719 --> 00:34:31.519
<v Speaker 13>that the penny costs more than a penny to make,

638
00:34:31.639 --> 00:34:34.719
<v Speaker 13>essentially almost four pennies to make a penny, I think

639
00:34:34.719 --> 00:34:36.239
<v Speaker 13>it makes sense to get rid of it. And then

640
00:34:36.480 --> 00:34:39.119
<v Speaker 13>the next thing, potentially on the chopping block is the nickel.

641
00:34:39.800 --> 00:34:42.199
<v Speaker 3>Oh okay, so how you said that to make a

642
00:34:42.239 --> 00:34:45.239
<v Speaker 3>penny it costs four cents. How many pennies do they

643
00:34:45.280 --> 00:34:46.599
<v Speaker 3>make every year? Do we know?

644
00:34:47.559 --> 00:34:49.920
<v Speaker 13>So that is a good question. Usually what they're doing

645
00:34:50.039 --> 00:34:54.599
<v Speaker 13>is they're attempting to make pennies to because there's some

646
00:34:54.679 --> 00:34:56.440
<v Speaker 13>of these fall out of circulation. So when you put

647
00:34:56.639 --> 00:34:58.760
<v Speaker 13>your pennies, I think there was a billions of pennies

648
00:34:58.840 --> 00:35:01.159
<v Speaker 13>churned out last year, maybe three billion pennies. And I

649
00:35:01.199 --> 00:35:03.679
<v Speaker 13>think the reason is essentially because when you stick them,

650
00:35:03.960 --> 00:35:05.679
<v Speaker 13>when you lose them in your couch cushions or you

651
00:35:05.679 --> 00:35:08.039
<v Speaker 13>stick them in some sort of a jar to kind

652
00:35:08.039 --> 00:35:11.000
<v Speaker 13>of save up, those pennies fall out of circulation. And

653
00:35:11.039 --> 00:35:13.519
<v Speaker 13>so the US mint has to replace those pennies. So

654
00:35:13.599 --> 00:35:15.199
<v Speaker 13>what's it going to look like. It's not that we're

655
00:35:15.199 --> 00:35:18.119
<v Speaker 13>going to like stop seeing pennies immediately. Pennies will still

656
00:35:18.119 --> 00:35:20.840
<v Speaker 13>be in circulation. It's just that we will stop minting

657
00:35:21.039 --> 00:35:25.079
<v Speaker 13>new pennies to basically, you know, make up for those

658
00:35:25.119 --> 00:35:28.360
<v Speaker 13>pennies that we have either lost, not picked up or

659
00:35:28.400 --> 00:35:29.320
<v Speaker 13>stuck into a jar.

660
00:35:29.199 --> 00:35:31.440
<v Speaker 3>Somewhere, and we can save a lot of money on it.

661
00:35:32.360 --> 00:35:34.440
<v Speaker 13>Yeah, I mean, this is a good This is Obviously

662
00:35:34.480 --> 00:35:36.079
<v Speaker 13>there's been a lot of focus in these first few

663
00:35:36.079 --> 00:35:40.360
<v Speaker 13>weeks of the Trump administration on cost cutting and some ways.

664
00:35:40.599 --> 00:35:43.159
<v Speaker 13>Some people would say really great ways, and other people

665
00:35:43.199 --> 00:35:45.039
<v Speaker 13>would say, oh, man, I don't really like what they're

666
00:35:45.039 --> 00:35:47.239
<v Speaker 13>doing over here. I think this is at least one

667
00:35:47.239 --> 00:35:49.719
<v Speaker 13>of those things where the vast majority of people can

668
00:35:49.760 --> 00:35:53.320
<v Speaker 13>agree on the fact that pennies are essentially worthless and

669
00:35:53.840 --> 00:35:57.320
<v Speaker 13>there's no reason to manufacture them anymore, especially as our

670
00:35:57.480 --> 00:36:01.400
<v Speaker 13>world gets more and more digital and paying with debit cards.

671
00:36:01.480 --> 00:36:05.199
<v Speaker 13>Credit cards are just kind of the norm. Pennies are

672
00:36:05.239 --> 00:36:06.719
<v Speaker 13>just kind of more of a pain than they are

673
00:36:06.719 --> 00:36:07.159
<v Speaker 13>a solution.

674
00:36:07.480 --> 00:36:12.079
<v Speaker 3>Okay, so if you are still pinching pennies. We were

675
00:36:12.119 --> 00:36:16.280
<v Speaker 3>talking about how much is a fair fee for investment

676
00:36:16.599 --> 00:36:19.320
<v Speaker 3>companies to take because they need a cut to stay

677
00:36:19.320 --> 00:36:22.840
<v Speaker 3>in business, and what is that? Is there a hard

678
00:36:22.840 --> 00:36:24.559
<v Speaker 3>and fast number, Jewel.

679
00:36:24.519 --> 00:36:26.440
<v Speaker 13>So there's not really a hard and fast number. But

680
00:36:26.519 --> 00:36:29.159
<v Speaker 13>over the past few decades this has only gotten better

681
00:36:29.159 --> 00:36:32.480
<v Speaker 13>and better and better for individual investors, it's become fees

682
00:36:32.559 --> 00:36:35.880
<v Speaker 13>have dropped precipitously, and this is honestly, I think we

683
00:36:35.920 --> 00:36:39.599
<v Speaker 13>can call it the Vanguard effect, because Vanguard was the

684
00:36:40.719 --> 00:36:44.360
<v Speaker 13>low cost brokerage firm launched by Jack Bogel in the

685
00:36:44.480 --> 00:36:47.880
<v Speaker 13>late nineteen sixties early nineteen seventies, and he kind of

686
00:36:48.599 --> 00:36:51.159
<v Speaker 13>invented in some ways the index one. He didn't fully

687
00:36:51.159 --> 00:36:53.199
<v Speaker 13>invent it, but he at least brought it into the

688
00:36:53.239 --> 00:36:57.119
<v Speaker 13>mainstream in that in particular, in his focus on lowering

689
00:36:57.119 --> 00:37:01.360
<v Speaker 13>fees for investors, basically was the lowering tide that lowered

690
00:37:01.360 --> 00:37:05.360
<v Speaker 13>all fees. And so Vanguard literally just announced last week

691
00:37:05.400 --> 00:37:08.559
<v Speaker 13>they're lowering their fees even more, and they're basically the

692
00:37:08.599 --> 00:37:12.880
<v Speaker 13>lowest cost fe brokerage firm in existence, and they're lowering

693
00:37:12.920 --> 00:37:16.480
<v Speaker 13>fees even more. The average fee now on a Vanguard

694
00:37:16.519 --> 00:37:19.360
<v Speaker 13>fund is point oh seven percent, which is pretty miniscule.

695
00:37:19.920 --> 00:37:22.480
<v Speaker 13>The rest of the industry is point four to four percent,

696
00:37:22.639 --> 00:37:26.760
<v Speaker 13>almost half a percent. So the difference between what you're

697
00:37:26.760 --> 00:37:28.880
<v Speaker 13>going to pay in fees based on where you're investing

698
00:37:28.880 --> 00:37:29.840
<v Speaker 13>can be significant.

699
00:37:30.559 --> 00:37:33.000
<v Speaker 3>Are they expecting others to kind of follow suit or

700
00:37:33.000 --> 00:37:35.079
<v Speaker 3>are they going to just say, no, we're keeping our

701
00:37:35.119 --> 00:37:35.880
<v Speaker 3>fees where they are.

702
00:37:36.360 --> 00:37:38.679
<v Speaker 13>They don't care, they don't care if other people follow suit.

703
00:37:38.719 --> 00:37:40.920
<v Speaker 13>But the truth is other people have to, right because

704
00:37:41.480 --> 00:37:43.559
<v Speaker 13>this is why like Fidelity, which is another one of

705
00:37:43.559 --> 00:37:46.239
<v Speaker 13>my favorite brokerage firms has launched what they call zero

706
00:37:46.320 --> 00:37:48.320
<v Speaker 13>fee funds, like I don't know, this was probably seven

707
00:37:48.400 --> 00:37:50.480
<v Speaker 13>or eight years ago, and so they literally have a

708
00:37:50.599 --> 00:37:54.559
<v Speaker 13>few in house funds that charge a zero expense ratio.

709
00:37:54.840 --> 00:37:57.400
<v Speaker 13>And when you think about what this means for investors,

710
00:37:57.559 --> 00:38:00.639
<v Speaker 13>the fact that that Vanguard just cut fees by a

711
00:38:00.679 --> 00:38:03.639
<v Speaker 13>little bit, well that's that's big news in some ways,

712
00:38:03.639 --> 00:38:05.519
<v Speaker 13>but it's not big news in other ways. The big

713
00:38:05.559 --> 00:38:08.679
<v Speaker 13>news is what individuals do with this information. And the

714
00:38:08.719 --> 00:38:10.840
<v Speaker 13>truth is where you invest matters. If you're with a

715
00:38:10.880 --> 00:38:13.519
<v Speaker 13>really high cost firm where they charge a lot of

716
00:38:13.519 --> 00:38:16.159
<v Speaker 13>money for advice and where they charge a lot of

717
00:38:16.159 --> 00:38:18.719
<v Speaker 13>money for you to own a fund that's very similar

718
00:38:18.719 --> 00:38:21.639
<v Speaker 13>to what you can get much cheaper at like Fidelity,

719
00:38:21.639 --> 00:38:24.400
<v Speaker 13>Schwab or Vanguard, then you're overpaying. And so this is

720
00:38:24.480 --> 00:38:27.679
<v Speaker 13>this should be just another reminder to everyone out there

721
00:38:27.719 --> 00:38:30.679
<v Speaker 13>who is investing, which is great, to check your fees

722
00:38:30.960 --> 00:38:33.320
<v Speaker 13>and to make sure more of your money isn't going

723
00:38:33.679 --> 00:38:36.880
<v Speaker 13>to pay the fund manager than is going to invest

724
00:38:36.960 --> 00:38:39.960
<v Speaker 13>in assets that are going to grow on your behalf

725
00:38:40.079 --> 00:38:41.320
<v Speaker 13>for years and decades to come.

726
00:38:41.599 --> 00:38:44.480
<v Speaker 3>Okay, so always ask that question before you make your investments.

727
00:38:44.559 --> 00:38:45.599
<v Speaker 3>How much am I paying you?

728
00:38:46.199 --> 00:38:47.800
<v Speaker 13>Yeah, how much am I paying you? And then almost

729
00:38:48.000 --> 00:38:50.280
<v Speaker 13>how much does just the fund itself charge? And you

730
00:38:50.320 --> 00:38:54.159
<v Speaker 13>can go into the back end of your investment. You

731
00:38:54.199 --> 00:38:56.320
<v Speaker 13>know your investment company. You can see Oh wait a second,

732
00:38:56.400 --> 00:38:58.360
<v Speaker 13>the expense ratio on this fund. You need to type

733
00:38:58.400 --> 00:39:00.599
<v Speaker 13>it into Google. Right, So, like vo is one of

734
00:39:00.679 --> 00:39:03.079
<v Speaker 13>Vanguard's s and P five hundred funds, and I think

735
00:39:03.079 --> 00:39:05.239
<v Speaker 13>the expensory show is like point two or point oh three,

736
00:39:05.280 --> 00:39:09.920
<v Speaker 13>it's essentially non existent. Go type in those letters from

737
00:39:09.920 --> 00:39:12.320
<v Speaker 13>your fund that you're invested in and figure out what

738
00:39:12.360 --> 00:39:14.920
<v Speaker 13>the expens ray show is. If it's above point three

739
00:39:15.000 --> 00:39:17.239
<v Speaker 13>point four point five, you should be thinking again and

740
00:39:17.280 --> 00:39:19.639
<v Speaker 13>seeing if there's lower cost place you can do business.

741
00:39:19.639 --> 00:39:20.880
<v Speaker 13>And I guarantee you there is.

742
00:39:21.079 --> 00:39:23.880
<v Speaker 3>Okay, always great advice from our buddy Joel Larsgard, and

743
00:39:23.960 --> 00:39:27.440
<v Speaker 3>you can get more information about how to manage your

744
00:39:27.559 --> 00:39:31.360
<v Speaker 3>money and other great advice every Sunday from noon to

745
00:39:31.440 --> 00:39:35.719
<v Speaker 3>two right here on KFI. It's called how to Money

746
00:39:35.760 --> 00:39:39.280
<v Speaker 3>with Joel Larsgard. You can also follow Joel on Instagram

747
00:39:39.320 --> 00:39:41.480
<v Speaker 3>at how to Money. Joel. Thank you've been listening to

748
00:39:41.559 --> 00:39:44.400
<v Speaker 3>Wake Up Call with me Amy King. You can always

749
00:39:44.400 --> 00:39:46.800
<v Speaker 3>hear wake Up Call five to six am Monday through

750
00:39:46.800 --> 00:39:50.800
<v Speaker 3>Friday on KFI AM six forty and anytime on demand

751
00:39:50.880 --> 00:39:52.519
<v Speaker 3>on the iHeartRadio app
