Speaker 1: You're listening to Bill Handle on demand from KFI AM
Speaker 1: six forty KAM six forty handle here on a Tuesday morning,
Speaker 1: November the twelfth, and the Democrats are still reeling in
Speaker 1: trying to figure out what the hell happened because it
Speaker 1: wasn't a close win. Joe Biden won by a hair
Speaker 1: in twenty twenty, Donald Trump won by a full head
Speaker 1: of hair. Certainly not his head of hair, but a
Speaker 1: full head of hair. There is no issue of the
Speaker 1: Trump win. It was substantial. Was it a landslide it
Speaker 1: was not. Was it a squeaker it was not. I
Speaker 1: think the word substantial works here now. He has promised
Speaker 1: to do a lot of things day one. A matter
Speaker 1: of fact, a lot of presidents do. He hundreds of
Speaker 1: promises during the campaign, including dozens of Day one a
Speaker 1: lot of Day one stuff. At the top of the list,
Speaker 1: closing the US border with Mexico, so mass deportations, increased
Speaker 1: oil and gas production, retribution against political opponents. Those three
Speaker 1: are the ones that are most likely to happen on
Speaker 1: Day one. Certainly the border, I mean, there is no
Speaker 1: issue about the border. And that's probably the I think
Speaker 1: the most important thing to him as a matter of fact,
Speaker 1: it was. And there were interviews where he said the
Speaker 1: border is the most important part of his philosophy, dealing
Speaker 1: with the border. And that's interesting because his advisor said, no, no, no,
Speaker 1: the economy, and he said to his advisors, let me
Speaker 1: tell you, I won on the border, and the border
Speaker 1: is as important as the economy. Well, you know, the
Speaker 1: guy succeeds, and his advisors telling him what to do
Speaker 1: didn't work. So that is what he has promised. Now.
Speaker 1: A lot of his proposals are going to hit California
Speaker 1: you very hard. Why Well, because Trump hates California. And
Speaker 1: if you're on the wrong end of Donald Trump and
Speaker 1: he has any kind of power, he's going to hit
Speaker 1: and hit hard. He tells you that you hit me,
Speaker 1: I hit you back twice as hard. You don't vote
Speaker 1: for me, I'm going to go right back at you.
Speaker 1: You don't support me, I'm going back at you. You
Speaker 1: go against me, I'm going back at you hard. And
Speaker 1: that is what's happening to California. Matter of fact, salt
Speaker 1: in which during Trump's first administration he pulled back the
Speaker 1: he pulled back the amount of money we could deduct
Speaker 1: for our property taxes, which used to be one hundred
Speaker 1: percent down to ten percent. And that's because California has
Speaker 1: a lot of wealthy people, and because our pricing of
Speaker 1: our housing is so expensive. And the other thing is
Speaker 1: because California is wealthy people, far more than Arkansas or Alabama.
Speaker 1: Deducting state income tax used to be one hundred percent
Speaker 1: off your Feds and the federal income tax, and he
Speaker 1: changed that, where again it's only ten percent. It's over
Speaker 1: ten thousand dollars. Oh it is Sorry, it was ten
Speaker 1: thousand dollars each one, not ten percent. So Donald Trump,
Speaker 1: President elect Trump has repeatedly promised to launch the biggest
Speaker 1: deportation campaign in American history. Is that going to happen? Well,
Speaker 1: let's start talking some practicality. I'm sure he's going to
Speaker 1: make a move to do that. And here again, California
Speaker 1: is going to be hit the hardest if in fact,
Speaker 1: that happens. Why is that? And this comes from the
Speaker 1: La Times. These figures. To expel every undocumented immigrant, every
Speaker 1: illegal immigrant, would deprive California more than seven percent of
Speaker 1: the workforce, potentially cripple agriculture and construction, divide families, disrupt communities,
Speaker 1: According to the La Times, Now I'm going to bring
Speaker 1: something here. You know, everybody he had harangues Donald Trump
Speaker 1: for this or a lot of people in California. Look,
Speaker 1: it's going to destroy our economy. Look it is going
Speaker 1: to cripple agriculture. Look at our workforce, look at construction. Hey,
Speaker 1: what are we doing advocating violating the law in the
Speaker 1: first place? Is California's position is that we want illegal aliens,
Speaker 1: we want a violation of the law, because we do
Speaker 1: well with a violation of the law. And there's some
Speaker 1: realities here. How many people who are here legally are
Speaker 1: okay with picking strawberries? Not many. So there are two
Speaker 1: points here. Number one, Yes, it would cripple our economy.
Speaker 1: And two, what are we doing advocating the immigration of
Speaker 1: illegal migrants? So that was sort of up in the air,
Speaker 1: and I think both sides have a problem here or
Speaker 1: looking at obstacles. Also, there is a practical problem. Eleven
Speaker 1: million people. I'm going to start mass deportations the same day. Yeah,
Speaker 1: we know they're going to be deportations. He has promised
Speaker 1: the most sweeping deportations in the history of the United States,
Speaker 1: some of the big ones during Reagan, with some big ones,
Speaker 1: Obama were when numbers were very high deportations. But we're
Speaker 1: talking about mass deportations programs. We go back to the
Speaker 1: fifties with Dwight Eisenhower and that was a big one.
Speaker 1: I think it was over two million deportations. Two million
Speaker 1: people were deported who were here illegally. And just to
Speaker 1: give you a quick lesson in political correctness, the official
Speaker 1: government name of that program like app Operation Desert Storm,
Speaker 1: Operation Desert Shield, you know those where we have these
Speaker 1: names that the government comes up with the official name
Speaker 1: of that deportation programs, Operation wetback. It's a different time,
Speaker 1: It's a different place, isn't it. What's going to happen
Speaker 1: day one? A lot of promises are being made by
Speaker 1: President to be President elect Donald Trump. One of them
Speaker 1: being probably the most important one in terms for him
Speaker 1: is immigration boom, going to shut down the borders and
Speaker 1: we're going to deport eleven million people day one. Well,
Speaker 1: you know, obviously that's impractical, but he intends to do
Speaker 1: as much as he can. And there may be a
Speaker 1: debate in the new administration over how fast how sweeping.
Speaker 1: Tom Homan, who is the forming former acting director of
Speaker 1: ICE under Trump and now the new Czar of the
Speaker 1: Border said in a sixty minute interview last week, it's
Speaker 1: not going to be a mass sweep of neighborhoods. It's
Speaker 1: not going to be building concentration camps. And I think
Speaker 1: he'd have a hard time doing anything like that because
Speaker 1: polls show most of us want tougher enforcement of immigration.
Speaker 1: We're okay with that. I'm okay with that, but not
Speaker 1: indiscriminate deportation, especially if they divide families, which happened the
Speaker 1: first time around and was a political disaster for the
Speaker 1: Trump administration. On the environmental side, he has plans and
Speaker 1: he has said this. He has said at many rallies
Speaker 1: Drill Baby, Drill, doesn't believe in climate change. He has
Speaker 1: called it a hoax. Has never walked back from that.
Speaker 1: He has plans, and he has the power to roll
Speaker 1: back a lot of the environmental gains if you look
Speaker 1: at them as gains. Day one, he's expected to open
Speaker 1: more federal lands and offshore waters to oil and gas drilling.
Speaker 1: Oil companies are thrilled with that one. He's also probably
Speaker 1: going to ease restriction on the oil industries emissions of methane.
Speaker 1: That's a big plus for them, and Joe Biden had
Speaker 1: a pause on increasing with petroleum gas exports. He basically
Speaker 1: put a moratorium on increasing the liquid petroleum gas exports,
Speaker 1: and Trump's going to reverse that probably day one. Also,
Speaker 1: looking at EV's, a lot of it has to do
Speaker 1: with the fact that evs are promoted by Democrats. And
Speaker 1: I don't know if Trump really believes evs are terrible.
Speaker 1: I don't know, But there's no issues going to roll
Speaker 1: back Biden's efforts to encourage the adoption of electric vehicles,
Speaker 1: repeal federal subsidies for solar, wind, renewable energy park programs.
Speaker 1: He just doesn't like them. He's an oil and gas guy. Also,
Speaker 1: when you talk about alternative energy, guess where the heart
Speaker 1: of alternative energy is. Why it's California. And so he's
Speaker 1: not particularly happy with California, right, And there is no
Speaker 1: way that to California is going to be fossil fuel
Speaker 1: neutral by twenty thirty five, as Gavin Newsom has indicated,
Speaker 1: there's no chance without federal money. Just can't happen. Later on,
Speaker 1: I'm going to do a story about how we can't
Speaker 1: do this without nukes, and I'll explain why. So you're
Speaker 1: going to see permits slowing down for new offshore wind
Speaker 1: energy project. Now this is I don't know if this
Speaker 1: is a fact other than maybe it's a coincidental time wise.
Speaker 1: But Trump really became a strong opponent of wind energy
Speaker 1: ever since Scotland built a wind farm that spoiled the
Speaker 1: view from one of his golf courses. And now does
Speaker 1: that change anything? Yeah, I don't know. I mean, is
Speaker 1: that just an attack on Trump? I don't know, But
Speaker 1: he looks at his property and this again according to
Speaker 1: interviews done by the La Times. Take that with whatever
Speaker 1: you want. Also, he talked about tariffs, and this is
Speaker 1: where a president can act almost immediately and has full
Speaker 1: power to do so. He said last month, to me,
Speaker 1: the most beautiful word in the dictionary is tariffs. He
Speaker 1: has proposed tariffs on at least ten percent of the
Speaker 1: goods from every country, at least sixty percent, tariffs of
Speaker 1: at least sixty percent on China, and as high as
Speaker 1: two hundred percent on Mexico. Now there's a discussion about
Speaker 1: that because here's what happens. Tariffs are basically taxes on imports,
Speaker 1: and two things happen. They raise the prices because goods
Speaker 1: become more expensive they raise the prices on what we buy,
Speaker 1: and that pushes inflation. They also almost always prompt other
Speaker 1: countries to retaliate by imposing their tariffs on our goods.
Speaker 1: But China is already doing that. And this is where
Speaker 1: President elect Trump is dead right. If we don't do that,
Speaker 1: China is cleaning our clock on this stuff. And he's
Speaker 1: the one that had the balls to say that's enough.
Speaker 1: Other presidents didn't want to rattle that saper, and he says,
Speaker 1: we're not going to have this anymore. And so is
Speaker 1: there going to be a tariff war? Well, the reality
Speaker 1: is is how do you undo a tariff war? Reciprocal?
Speaker 1: That's it. You charge ten percent tariffs on our goods
Speaker 1: going into your country and allow us to do it
Speaker 1: freely and import or export our goods into your country,
Speaker 1: and we will charge exactly the same the other way around.
Speaker 1: China has been abusing that, even though it signed treaties
Speaker 1: abusing that from day one. And then the retribution part.
Speaker 1: Man he's threatened to prosecute Vice President Harris Adam Schiff
Speaker 1: former US Representative Live Cheney. Here's one man that is
Speaker 1: just woe. During his first term, he publicly demanded that
Speaker 1: Attorney General William Barr arrest Biden, arrest former President Obama
Speaker 1: and Hillary Clinton, who was Secretary of State at that time,
Speaker 1: for what he claimed was a treasonous plot to spy
Speaker 1: on his twenty sixteen campaign. That was treason and they
Speaker 1: should be arrested. Barr just ignored it, didn't even discuss it,
Speaker 1: just didn't pay attention. Now, he does have the power
Speaker 1: to order the Justice Department to investigate. He absolutely does.
Speaker 1: Even though there is a longstanding norm right where the
Speaker 1: Justice Department is held at Bay there's a firewall between
Speaker 1: the Justice Department and the White House. That's been the tradition.
Speaker 1: You don't meddle. Well, he is going to meddle, and
Speaker 1: he can meddle because that firewall is not protected by law.
Speaker 1: It's simply been tradition, nothing more, nothing less. A lot
Speaker 1: of presidents say, day one, what is going to happen? Well,
Speaker 1: in reality, it's really not day one, because day one occasionally,
Speaker 1: but it really is legitimately the first hundred days. That's
Speaker 1: how presidencies are looked at, and the first one hundred
Speaker 1: days has become an iconic time when a first term
Speaker 1: president comes into office. By the way, just a little
Speaker 1: bit of history where the one hundred day concept actually
Speaker 1: came in. It refers to the period in eighteen fifteen
Speaker 1: between Napoleon Bonapartes returned to Paris from his exile on
Speaker 1: the island of Elba and his defeat at the Battle
Speaker 1: of Waterloo, and that was one hundred days. So out
Speaker 1: of that came sort of the concept of one hundred
Speaker 1: days when you're dealing with a return. What happened King
Speaker 1: Louis the eighteenth returns and anyway, so let me just
Speaker 1: go on the first hundred days. In the US, it
Speaker 1: really wasn't very important. No one paid attention until FDR
Speaker 1: took office in nineteen thirty three, and he had a
Speaker 1: day one. He shut down the banks for four days.
Speaker 1: He had a banking holiday because people were making runs
Speaker 1: on the bank and he says, we have to call
Speaker 1: him down. And he's given the credit for stabilizing and
Speaker 1: keeping the run on the banks from going crazy. Also,
Speaker 1: he started his fireside chats, and boy, you talk about
Speaker 1: a brilliant communicator on the radio. He would go, Hi,
Speaker 1: this is Franklin Roosevelt, and I'm in front of the fireplace.
Speaker 1: We're just talking. Of course, it was a room set
Speaker 1: up and it was a full broadcast facility, but he
Speaker 1: did it was a very friendly, almost family like ambience
Speaker 1: to calm the country down. And he began rolling out
Speaker 1: his programs. Fifteen major pieces of legislation in the first
Speaker 1: one hundred days, and we're talking about the Civilian Conservation Corps,
Speaker 1: the Work Progress Administration, all of the programs just keep
Speaker 1: people working. Now, for those people that think FDR started
Speaker 1: us on a road to socialism, he did. We turned
Speaker 1: into a much more left wing government support government control
Speaker 1: of our economy. But what you can't argue with is
Speaker 1: he kept millions of people alive, putting them to work, producing,
Speaker 1: not being paid very much, but enough to eat. Not
Speaker 1: only was it construction, he had writers, he had filmmakers,
Speaker 1: he had photographers, He had drama troops going around that
Speaker 1: were paid for by the government. They were government employees.
Speaker 1: So that first hundred days was absolutely extraordinary, and by
Speaker 1: far most of the programs that have been created in
Speaker 1: the first hundred days were FDR. But what he inherited
Speaker 1: very few other presidents have. You can argue that Barack
Speaker 1: Obama inherited something pretty crazy because we were going into
Speaker 1: a free fall and you could also argue that Joe
Speaker 1: Biden inherited craziness because COVID was going full blast and
Speaker 1: he inherited that. So a little bit of history of
Speaker 1: those first hundred days JFK eighty seven days into his presidency,
Speaker 1: he ordered the Bay of Pigs invasion, which came very
Speaker 1: close to destroying his presidency. The decision, the ordering of
Speaker 1: the overthrow of the Castro government. The CIA set this
Speaker 1: up really badly, I might add, and he was talked
Speaker 1: into it by his Joint chiefs of staffs, the military guys,
Speaker 1: and it was horrible and he came back and just
Speaker 1: he admitted it. He just said, I blew it. That's
Speaker 1: it goes. It was a horrible decision. Gerald Ford, within
Speaker 1: the first one hundred days pardon Richard Nixon. And that
Speaker 1: was the reason, by the way, I voted against Gerald Ford,
Speaker 1: and I thought that cost him his presidency. And he
Speaker 1: knew it that he was going to lose the next
Speaker 1: election because of his pardoning of Richard Nixon. Today, it's
Speaker 1: viewed as a very heroic act, saying, I know it's
Speaker 1: going to cost me my election, but this is the
Speaker 1: decision I'm going to make for the good of the country.
Speaker 1: Liz Cheney feels the same way she got slaughtered in
Speaker 1: her view that President Trump should not be president. The
Speaker 1: biggest day ones Ronald Reagan. Boy, did he start off
Speaker 1: with a bang. Remember the Iranian had the hostages. US
Speaker 1: diplomats were being held hostage. And he made it really
Speaker 1: clear to Ian. To Iran, Jimmy Carter was useless by
Speaker 1: the way in terms of negotiating, And Jimmy Carter and
Speaker 1: Ronald Reagan, prior to his being sworn in, made it
Speaker 1: very clear to Iran, you do not want to screw
Speaker 1: with me. You do not. The minute I become president
Speaker 1: and those hostages are still there, you're in for a
Speaker 1: world of hurt. And they understood that he was not
Speaker 1: screwing around. So as he's being sworn in to the presidency,
Speaker 1: the plane is taking off from the Iranian from Tehran
Speaker 1: Airport with the hostages aboard. What were the most laws
Speaker 1: passed during the first hundred days, Franklin Roosevelt. He was
Speaker 1: able to pass. When I talk about the fifteen major programs,
Speaker 1: he was able to pass seventy six programs. George Bush
Speaker 1: the least, George W. Bush seven, Harry Truman fifty five.
Speaker 1: During his first hundred days. This is after he was
Speaker 1: elected president, not from the time he assumed the presidency
Speaker 1: after the death of FDR. The foreign countries visited just
Speaker 1: a little aside the most Barack Obama, the fewest, Dwight
Speaker 1: Eisenheighers Eisenhower, JFK Lyndon Johnson, Jimmy Carter, Donald Trump. All
Speaker 1: are tied at zero. So are you going to see
Speaker 1: Donald Trump? Probably he's going to visit a foreign country.
Speaker 1: And then approval ratings, that gets really interesting. The highest
Speaker 1: approval rating the first hundred days John F. Kennedy with
Speaker 1: AD three. The lowest approval rating of any president during
Speaker 1: the first hundred days Donald Trump between forty and forty
Speaker 1: five percent. So, and I don't know why you even
Speaker 1: deal with approval ratings. You've got four years of a presidency.
Speaker 1: This is not England. We do not have a parliamentary
Speaker 1: government where the government can fall any minute and a
Speaker 1: new government has to be instituted. We'll see. And the
Speaker 1: big question is not only does it matter the first
Speaker 1: hundred days, but what's going to happen the first day
Speaker 1: day one? Does the president have a little table there
Speaker 1: where he starts signing directives literally after his hand goes
Speaker 1: on the Bible and goes up in the year. All right,
Speaker 1: let me tell you, let's talk a little bit about nukes. Now.
Speaker 1: I'm a big fan of nukes, not just nuclear weapons
Speaker 1: that could blow at cities, but civilian nuclear power, power plants,
Speaker 1: and it has there's been a history there for a
Speaker 1: real long time. I mean literally ever since the atomic
Speaker 1: bomb was dropped on Hiroshima and Nagasaki bombs. And that
Speaker 1: was the peaceful use of atomic power. I mean it
Speaker 1: started literally right there. This was the future. This was
Speaker 1: the future. And so we started building an atomic willing
Speaker 1: reactors to create power. They are not weapons grade. The
Speaker 1: way it works is power grade uranium is much much
Speaker 1: less powerful or developed, if you will. The purity is
Speaker 1: far less than weapons grade. So it's very different. And
Speaker 1: so nuclear power started to be used in power plants
Speaker 1: and ships, et cetera. And so we now have a
Speaker 1: history and around the world a history of nukes. Very
Speaker 1: big on nukes. It was growing like crazy, and then
Speaker 1: what ended up happening, Churno Will happened shut everything down.
Speaker 1: And then and then three Mile Island it was moving.
Speaker 1: I had Three Mile Island happened in one of the
Speaker 1: units A three mile island had a partial meltdown, shut
Speaker 1: down everything. Okay, then we start coming back and people
Speaker 1: realize that nuke power is pretty important stuff. Fukushima happened,
Speaker 1: shut down everything. Now it's coming back, and here's why
Speaker 1: it's coming back. One, you can't be one hundred percent safe.
Speaker 1: You can be ninety nine point nine nine nine percent safe.
Speaker 1: The problem is when that point zero zero zero one happens,
Speaker 1: all hell breaks loose and the fallout, if you will,
Speaker 1: is pretty extraordinary, and we are not going to make
Speaker 1: it in terms of the climate change issue, which I
Speaker 1: already think we've hit critical mass and we're over the edge.
Speaker 1: But in terms of making us not relying on fossil fuels,
Speaker 1: which of course is all the damage out there, We're
Speaker 1: not going to make it without nuclear power just isn't
Speaker 1: going to happen, which is why environmental so actually spit
Speaker 1: on a split on this. Used to be everybody was
Speaker 1: against dukes and then realized, Okay, maybe that's the only
Speaker 1: answer is using nuclear energy. So I have always been
Speaker 1: a fan of nuclear energy, especially going to what is
Speaker 1: it the Mount Diabolou plant down in San Clementy, because
Speaker 1: it looks like two giant breasts, and I just I
Speaker 1: go past, I go, that's my idea of nuclear energy.
Speaker 1: By the way, I think that's already been shut down.
Speaker 1: That's been decommissioned, if I'm not mistaken, And power plants
Speaker 1: are being decommissioned one after another. So now here's what
Speaker 1: happened last year. There are a bunch of CEOs meeting
Speaker 1: and Open AI co founder Sam Altman says, you know what,
Speaker 1: there is so much need for electrical power. AI needs
Speaker 1: so much need that frankly, some models they're gonna need
Speaker 1: as much power as a large city. Well, they head
Speaker 1: of Constellation Energy was there, and this guy and Constellation
Speaker 1: Energy produces about a fifth of US nuclear power, and
Speaker 1: his name is Joe Domingaz, and he says, wow, boy,
Speaker 1: are these guys going to be in for a root
Speaker 1: of awakening about how much power is actually going to
Speaker 1: be available. So he goes back to Baltimore and thinks,
Speaker 1: what if his company restarted the undamaged reactor at three
Speaker 1: Mile Island, which has been shut down. Let's restart, not build,
Speaker 1: restart those that are being decommissioned. And that's exactly what
Speaker 1: is going on now' This was in Pennsylvania. And it's
Speaker 1: no small deal. I mean, they're gonna spend one point
Speaker 1: six billion dollars in bringing it up to up to par,
Speaker 1: up to up to its ability to actually produce power
Speaker 1: according to regulations. So now are they going to put
Speaker 1: it on the open market? Why would you spend one
Speaker 1: point six billion dollars on the guess that the energy
Speaker 1: is going to be sold at a profit, particularly since
Speaker 1: energy is cheaper now outside of the nuclear industry, Alternative
Speaker 1: energy is cheaper. Coal fired plants are cheaper than nuclear energy.
Speaker 1: So you know what the deal was cut. It was
Speaker 1: Microsoft cut a deal with Constellation to supply all of
Speaker 1: its power for twenty years at a price more so
Speaker 1: than electrical power or than a gas powered plant or
Speaker 1: alternative energy. And by the way, price wasn't a big
Speaker 1: deal here. Microsoft really didn't care about price. I mean
Speaker 1: a little bit, but that wasn't the negotiating point. You
Speaker 1: know what the negotiating factor was here getting the power.
Speaker 1: Because it looks like there's no other way that that
Speaker 1: much power. These AI facilities demand so much power that
Speaker 1: it needs a city's worth of power, and there is
Speaker 1: no way at this point to connect the grid and
Speaker 1: make it all happen without nuclear power plants because there
Speaker 1: it's already connected. So the bottom line for Microsoft is
Speaker 1: we need this more than negotiating the price of power.
Speaker 1: I mean, they're not gonna get raped. But it's interesting
Speaker 1: that when you see something on a twenty year power
Speaker 1: deal that prices number three or number four in importance,
Speaker 1: pretty impressive. KFIAM six forty live everywhere on the iHeartRadio app.
Speaker 1: You've been listening to the Bill Handle Show. Catch My
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