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<v Speaker 1>You're listening to bill handle on demand from KFI A

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<v Speaker 1>six forty.

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<v Speaker 2>KFI AM six forty bill handle. Here it is a

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<v Speaker 2>Friday morning, November one. Tuesday comes the election, and we're

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<v Speaker 2>gonna be talking about the election well after the election,

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<v Speaker 2>because the lawsuits are already flying, the accusations are already there.

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<v Speaker 2>All right, I want to go into a story about

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<v Speaker 2>our economy and some real information. Now we are hearing

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<v Speaker 2>such crap out there that it almost befuddles me. You know,

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<v Speaker 2>for example, well, you know inflation is out of control.

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<v Speaker 2>Inflation is not out of control, is not out of control.

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<v Speaker 2>Inflation has been completely controlled. But I want to make

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<v Speaker 2>an analogy here. We all have suffered from inflation that

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<v Speaker 2>has in fact hit us. Let me make an analogy here.

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<v Speaker 2>House has termites, okay, and they've done some damage. You

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<v Speaker 2>call Pacific Coast Termite Ding, send them a bill for this.

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<v Speaker 2>They come out and treat your home. And you don't

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<v Speaker 2>have termites anymore. Well, the damage is already there. If

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<v Speaker 2>you don't have any termites, the damage is there. You've

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<v Speaker 2>got to fix the damage. Inflation did its damage. Prices

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<v Speaker 2>are much higher than they were. And even if inflation

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<v Speaker 2>is brought down to zero. You still have a price

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<v Speaker 2>that's thirty percent higher if you go to a restaurant

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<v Speaker 2>than it was three years ago. So that's the reality.

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<v Speaker 2>Inflation is out of control. It is not inflation was

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<v Speaker 2>out of control. Okay, So the Commerce Department on Wednesday

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<v Speaker 2>said that the US gross domestic product the GDP, which

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<v Speaker 2>is the value of all goods and services produced in

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<v Speaker 2>our country in any country, which is the measure of

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<v Speaker 2>the economy more so than anything else, expanded at the

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<v Speaker 2>rate of two point eight in the third quarter. The

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<v Speaker 2>bottom line is that the US economy is outpacing almost

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<v Speaker 2>every other developed nation on the planet. Our economy is

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<v Speaker 2>actually in good shape, but we're not looking at the

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<v Speaker 2>real numbers. Now, if you look at inflation, you're paying

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<v Speaker 2>more for almost everything. Therefore, the economy is horrible, but

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<v Speaker 2>it really isn't. If you're looking at mortgage rates that

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<v Speaker 2>were two and three quarters percent and you're paying six percent, now, yeah,

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<v Speaker 2>it's out of control.

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<v Speaker 1>But the reality is, even though it's gone up.

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<v Speaker 2>A little bit the last two three weeks, incrementally, it's

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<v Speaker 2>still pretty good. It's just we came from a place

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<v Speaker 2>where there was no reality. We came from a place

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<v Speaker 2>where inflation was far more than it should have been.

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<v Speaker 2>You know, right now wages are outpacing inflation.

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<v Speaker 1>That is a good thing.

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<v Speaker 2>And saying no, but and you and I are going

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<v Speaker 2>to have a really good time talking about that during

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<v Speaker 2>the break. And why is that happening? Well, we're back

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<v Speaker 2>to spending like crazy.

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<v Speaker 1>Two thirds of our.

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<v Speaker 2>Economy in the United States is consumer spending, and we

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<v Speaker 2>are spending like crazy. Solid job market, declining, inflation, booming

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<v Speaker 2>stock market. So I'm gonna throw politics out there. Okay,

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<v Speaker 2>that you have heard over and over again. The illegals

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<v Speaker 2>have come over and taken your jobs. Okay for those

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<v Speaker 2>people that are listening. For those that aren't, obviously you're

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<v Speaker 2>not listening. But for those of you that are listening, brilliant,

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<v Speaker 2>aren't I I want you to look in the mirror

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<v Speaker 2>and say your job has been taken by an illegal migrant.

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<v Speaker 2>You are not working because your job was taken. How

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<v Speaker 2>many people would raise their hands if I asked that question.

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<v Speaker 1>It's just not true.

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<v Speaker 2>And if you look at real figures, our economy is

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<v Speaker 2>actually doing Okay.

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<v Speaker 1>Now, are there people out of jobs? Of course there

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<v Speaker 1>are are there people.

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<v Speaker 2>Housing is out of control, of course it is, but

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<v Speaker 2>that's southern California.

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<v Speaker 1>I mean we're outliers.

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<v Speaker 2>For example, the jobs in the transportation area.

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<v Speaker 1>If you work at the ports, you're doing great.

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<v Speaker 2>If you're in high tech right now, you're not doing

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<v Speaker 2>so great. But the bottom line is you're working and

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<v Speaker 2>no illegal migrant has taken your job. Now, we are

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<v Speaker 2>going to get some figures coming out today Labor Department,

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<v Speaker 2>where the numbers are going to be pretty bad. But

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<v Speaker 2>that's also because you have two hurricanes that hit and

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<v Speaker 2>the strike by Boeing, so.

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<v Speaker 1>You can't really pay attention to those numbers.

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<v Speaker 2>Although you're going to USGDP is projected to increase three

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<v Speaker 2>percent for the year. That's considered healthy, robust, exactly.

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<v Speaker 1>Where we want to go.

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<v Speaker 2>The banking sector has been solid, corporate profits are solid,

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<v Speaker 2>Productivity has picked up in recent quarters. By the way,

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<v Speaker 2>an influx of immigrants, both legal and illegal, has in

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<v Speaker 2>fact boosted the labor supply.

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<v Speaker 1>It's great for employers.

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<v Speaker 2>To have illegal migrants work, but I want to go

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<v Speaker 2>back again, you're not working because an illegal migrant.

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<v Speaker 1>Has taken your job. Right, that's a croc.

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<v Speaker 2>And so the part of the illegal migrants coming in

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<v Speaker 2>outside of the politics helps employers because illegal migrants work

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<v Speaker 2>for cheap, so illegal migrants as well as legal migrants.

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<v Speaker 1>And by the way, that's the only way that our population.

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<v Speaker 2>Grows or stays stable, because if you look at the

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<v Speaker 2>birth rate in this country, it would it declines every year,

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<v Speaker 2>and if we didn't have migration, we'd be losing population

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<v Speaker 2>like crazy, household spending going up. Actually, most people went

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<v Speaker 2>into the pandemic in pretty good shape and then everybody

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<v Speaker 2>lost their jobs. And then the money poured in, the

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<v Speaker 2>stimulus money, so many businesses actually did better. A lot closed,

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<v Speaker 2>but people walked out. They're in better shape now. But

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<v Speaker 2>for inflation, legitimate, that is a legitimate statement. Inflation absolutely

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<v Speaker 2>was destructive, but you know at some point that goes away.

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<v Speaker 2>You know, World War two wiped out this country economically,

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<v Speaker 2>but we came out of it and we did great

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<v Speaker 2>after that. Inflation has done a huge amount of damage,

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<v Speaker 2>but we're out of it now.

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<v Speaker 1>Please keep that in mind you are working. Ah drives

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<v Speaker 1>me nuts. So here's this is the part that absolutely

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<v Speaker 1>kills me.

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<v Speaker 2>Real numbers, real figures out of the Department of Labor,

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<v Speaker 2>Bureau of Labor Statistics. None of this matters None of

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<v Speaker 2>this matters because we no longer look at numbers coming

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<v Speaker 2>in from the government and real statistics.

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<v Speaker 1>It's all gone to hell in a handbasket, all right.

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<v Speaker 2>I want to go into a story about a nineteen

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<v Speaker 2>year old guy named Nazel Warren, and he's la and

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<v Speaker 2>he's been arrested five times in five months, including for

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<v Speaker 2>robberies while under the court ordered GPS tracking. He's wearing

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<v Speaker 2>that anklet and has been arrested five times since putting

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<v Speaker 2>it on.

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<v Speaker 1>I go, wait a minute, how is that possible?

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<v Speaker 2>The Probation Department supervises these defendants and judges are turning

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<v Speaker 2>increasingly to GPS as a way of monitoring and making

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<v Speaker 2>sure that these defendants and show up a trial, show up,

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<v Speaker 2>but hearings, etc. And that's happening more and more because

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<v Speaker 2>cash bail is considered very unfair and it is for

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<v Speaker 2>poor people.

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<v Speaker 1>It effective means effectively means no bail.

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<v Speaker 2>So we're turning to GPS, and we figured GPS works well. Okay,

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<v Speaker 2>So Warren is charged this summer with carrying a gun

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<v Speaker 2>in public. A judge releases him on the condition that

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<v Speaker 2>Probation Department track his movements with a GPS device. That's

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<v Speaker 2>put on his ankle. So out he goes with a

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<v Speaker 2>GPS device. Arrested three weeks.

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<v Speaker 1>Later suspicion of robbing an elderly couple.

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<v Speaker 2>A different judge lets him out again with GPS tracking.

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<v Speaker 2>After that, they alleged he went on to rob two

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<v Speaker 2>more people, an elderly couple and another robbery of a

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<v Speaker 2>jewelry store, and he was picked up against week his

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<v Speaker 2>fifth the rest in five months.

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<v Speaker 1>You go, oh, come on.

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<v Speaker 2>Really, now, the Probation Department is supervised is pre pre

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<v Speaker 2>trial defendants because judges are more and more turning to

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<v Speaker 2>GPS for a couple of reasons. First of all, it

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<v Speaker 2>allows people to go to work, stay with their families,

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<v Speaker 2>so the families don't suffer the way they would if

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<v Speaker 2>the guy is in prison or in jail awaiting trial.

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<v Speaker 2>Because remember you're innocent until proven guilty. And so the

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<v Speaker 2>Probation Department is supposed to track this and by the way,

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<v Speaker 2>in real time, yeah, I think that's happening.

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<v Speaker 1>So Probation Department, and this was.

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<v Speaker 2>Interviews with defendants, and it's supposed to conduct a rec

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<v Speaker 2>risk assessment of the defendant whether it's worth the risk,

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<v Speaker 2>and asking.

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<v Speaker 1>For the GPS.

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<v Speaker 2>All right, so fourteen hundred people that they looked at

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<v Speaker 2>under GPS monitoring had absconded. Well of the fourteen hundred,

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<v Speaker 2>four hundred and two had absconded had fled, So now

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<v Speaker 2>we are talking thirty percent gone. An additional two hundred

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<v Speaker 2>and thirty one allowed the batteries to run and die,

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<v Speaker 2>which means they don't know where these guys are, so

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<v Speaker 2>we don't know if.

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<v Speaker 1>They've bailed out or not.

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<v Speaker 2>And then on top of that, one hundred and forty

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<v Speaker 2>two defendants failed to show up to meet with their

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<v Speaker 2>probation officers, so we're talking way north of fifty percent

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<v Speaker 2>wearing these ankle bracelets either leave, don't show up, run

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<v Speaker 2>out of a battery which they're supposed to put in there.

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<v Speaker 1>So this is a problem.

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<v Speaker 2>The GPS program was designed to allow law enforcement to

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<v Speaker 2>track defendants, establish a record, to know where they are

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<v Speaker 2>and in real time.

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<v Speaker 1>So here's what happened.

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<v Speaker 2>They're trying to figure out how this company contracted to

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<v Speaker 2>run the GPS program.

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<v Speaker 1>The technology.

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<v Speaker 2>The company is called Securists, and they're changing their name

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<v Speaker 2>to not Securists because.

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<v Speaker 1>It ain't working.

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<v Speaker 2>And so they serve the detectives serve a search warrant

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<v Speaker 2>on Securists to turn over the information from Warren's GPS monitor.

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<v Speaker 2>Why they needed a search warrant, I don't know. But

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<v Speaker 2>when the warrant was served, Securist goes in to court

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<v Speaker 2>and says the data was so flawed they can't even

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<v Speaker 2>bring anybody into court an expert explaining how the system

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<v Speaker 2>even works. All their information is flawed. We cannot certify

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<v Speaker 2>any of the data during the timeframe they're talking about,

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<v Speaker 2>Securists or not. Securists now gets three hundred and fifty

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<v Speaker 2>thousand dollars a month to operate the GPS system with

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<v Speaker 2>LA County.

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<v Speaker 1>I mean, really crazy stuff. By the way.

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<v Speaker 2>In one case, this guy Warren, nineteen year old Warren

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<v Speaker 2>is defended by his lawyer and he was picked up

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<v Speaker 2>for a gun possession. He is a felon. He is

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<v Speaker 2>not supposed to have a gun. They got him with

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<v Speaker 2>a gun, and his lawyer said the reason he had

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<v Speaker 2>a gun is because he was afraid of being robbed

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<v Speaker 2>of his twenty thousand dollars Rulix watch, of which he

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<v Speaker 2>had stolen. I mean, these are lawyers, they'll come up

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<v Speaker 2>with anything. So he's been arrested over and over again,

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<v Speaker 2>and the GPS system, which is supposed to work, and

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<v Speaker 2>Keith being these criminal defendants on track, doesn't look like

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<v Speaker 2>it works. And judges more and more are using this

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<v Speaker 2>for two reasons. One because, as I said before, it

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<v Speaker 2>allows defendants who have only been charged, not convicted, with

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<v Speaker 2>the ability to work, stay with their families, all all

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<v Speaker 2>of that, and to the jails the prisons, and the

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<v Speaker 2>jails are so crowded.

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<v Speaker 1>That there's just not room.

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<v Speaker 2>And then there's a third reason is if you don't

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<v Speaker 2>have this and you have bail, bail is so expensive,

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<v Speaker 2>bail is so onerous. For people who have no money,

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<v Speaker 2>bail is effectively no bail.

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<v Speaker 1>The system is just broken, all right. I want to start.

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<v Speaker 2>This is a story about Jeff Bezos and his decision

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<v Speaker 2>not to endorse a one of the presidential candidates, or

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<v Speaker 2>any presidential candidate, after the editorial board of the Washington

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<v Speaker 2>Posts had voted and decided to endorse Kamala Harris.

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<v Speaker 1>I'm going to start with asking Amy a question. Amy.

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<v Speaker 2>I don't want to sandbag you, but I want your

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<v Speaker 2>but here we go, no no, no, no, no, you're

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<v Speaker 2>you're no, you're well, basically your view on this your

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<v Speaker 2>take on this, all right?

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<v Speaker 1>I view you as mainstream media, no question.

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<v Speaker 2>I view you and other people here at KFI as

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<v Speaker 2>objective for the most part and corroborating facts that you

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<v Speaker 2>give out. So with that, and you've been involved in

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<v Speaker 2>news for a very long time, right, you're yeah, You're

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<v Speaker 2>no spring chicken.

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<v Speaker 1>You You're welcome.

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<v Speaker 2>Have you at all noticed that your credibility as a

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<v Speaker 2>newsperson has declined over the years in the buzz that's

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<v Speaker 2>out there, in what you hear, what you feel, what

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<v Speaker 2>you experience.

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<v Speaker 1>I don't think so.

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<v Speaker 3>And this is why, because I do think that there

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<v Speaker 3>are news organizations that you know are liberal or you

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<v Speaker 3>know are conservative. CAFI works very hard not to skew

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<v Speaker 3>and in fact, one of the things that our news

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<v Speaker 3>director Chris Little tells us is do not tell KFI

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<v Speaker 3>listeners what to do, give them the information, let them

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<v Speaker 3>do it themselves. Yeah, and I think that the news

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<v Speaker 3>department works really hard to make sure that that's what

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<v Speaker 3>we do.

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<v Speaker 2>And by the way, I have no idea the way

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<v Speaker 2>Amy feels about the politics, which side she's on. One

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<v Speaker 2>of my best friends, Steve Gregory, who is a newsperson,

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<v Speaker 2>I mean, we talk, we talk about a lot of stuff,

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<v Speaker 2>a lot of intimate stuff. I mean we are very close.

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<v Speaker 2>We have a lot of sex together. Oh I shouldn't

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<v Speaker 2>have shared that. And he will not tell me on

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<v Speaker 2>which political side he is on, because he's adamant about.

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<v Speaker 1>Being a newsperson.

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<v Speaker 2>And the reason I brought this up is Jeff Bezos

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<v Speaker 2>in his explanation as to why the Washington Post will

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<v Speaker 2>not make an endorsement, Well, I'm going to share this

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<v Speaker 2>with you now. This is an article by a mainstream newsperson,

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<v Speaker 2>Chuck Todd, actually, who was on Meet the Press for

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<v Speaker 2>years and years. He was a correspondent for NBC News

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<v Speaker 2>and considered one of the top news guys out there.

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<v Speaker 2>He wrote an op ed piece in the Atlantic and

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<v Speaker 2>he argued the reason why we the Washington Post and

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<v Speaker 2>he made the decision is not going to endorse is

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<v Speaker 2>that he in the Washington Post is not considered particularly

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<v Speaker 2>I don't think political one way or the other.

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<v Speaker 1>I think it's fairly objective.

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<v Speaker 2>He says that the press, mainstream press, needs to accept

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<v Speaker 2>the reality about its own im unpopularity, and that it's

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<v Speaker 2>the journalists that are to blame for the sinking reputation

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<v Speaker 2>of the mainstream media. He writes, we must be accurate.

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<v Speaker 2>We are failing on the second requirement. Most people believe

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<v Speaker 2>the media is biased. It would be easy to blame

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<v Speaker 2>others for our long and continuing fall in credibility, and

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<v Speaker 2>therefore our decline and impact and a victim mentality will

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<v Speaker 2>not help. And complaining about this is not a strategy.

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<v Speaker 2>We have to work harder to control what we can

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<v Speaker 2>control to increase our credibility. That is astounding what he

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<v Speaker 2>said about this conflating, basically conflating Newsmax with NBC.

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<v Speaker 1>That's effective what he's doing.

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<v Speaker 2>I want to continue on with this off ed piece

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<v Speaker 2>that was written by Chuck Todd, who is a very

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<v Speaker 2>well respected journalist who's host to Meet the Press for

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<v Speaker 2>a bunch of years, and he talked about Jeff Bezos

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<v Speaker 2>explaining why Bezo's decided not to endorse any presidential candidate

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<v Speaker 2>this year this election after the editorial board voted to

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<v Speaker 2>endorse Kamala Harris. Usually there is a firewall between the

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<v Speaker 2>owner and the editorial board, where the editorial board makes

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<v Speaker 2>all the decisions as far as editorial content. In the

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<v Speaker 2>way the paper actually is now, the owner has influence,

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<v Speaker 2>but not on that or shouldn't have on that. By

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<v Speaker 2>the way, the owner of the La Times did exactly

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<v Speaker 2>the same thing. And Bezos explains this and says it's

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<v Speaker 2>because the credibility of mainstream media, and that is the

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<v Speaker 2>Washington Post is part of that regarded part of the

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<v Speaker 2>mainstream media has lost its reputation along with other mainstream media,

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<v Speaker 2>and the press needs to accept reality about its unpopularity

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<v Speaker 2>and that journalists are.

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<v Speaker 1>To blame for the sinking reputation.

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<v Speaker 2>He writes, we must be accurate, we must be believed

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<v Speaker 2>to be accurate. It's a bitter pill to swallow, but

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<v Speaker 2>we are failing on the second requirement, and that is

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<v Speaker 2>the believability. And he goes, it's easy to blame others

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<v Speaker 2>for our long and continuing fall and credibility. Therefore decline

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<v Speaker 2>an impact and a mentality victim or a victim mentality

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<v Speaker 2>is not going to help. Complaining is not a strategy.

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<v Speaker 2>We must work harder to control what we can control

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<v Speaker 2>to increase our credibility. How do you control what you

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<v Speaker 2>can't control when all you do as media outlet is

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<v Speaker 2>try to be as objective as possible and corroborate facts.

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<v Speaker 2>And when the media does this and that's exactly what

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<v Speaker 2>mainstream media tends to do.

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<v Speaker 1>Now, does it.

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<v Speaker 2>Go liberal, Yeah, I think so, but marginally liberal. It

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<v Speaker 2>doesn't go wildly liberal where you have conservative media, and

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<v Speaker 2>that's much bigger than, for example, a truly biased media

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<v Speaker 2>on the other side. Now we're talking about the edges.

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<v Speaker 2>The problem is the edges have become mainstream and so

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<v Speaker 2>now it's all one big basket stories that are not

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<v Speaker 2>corroborated at all, just opinion stories taken out of the Internet,

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<v Speaker 2>out of the crazy stuff that are now being circulated.

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<v Speaker 2>That's the same even though facts are not corroborated and

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<v Speaker 2>it's just theories and just crazy stuff. And Bezos is

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<v Speaker 2>bought into that, saying it is our fault. It is

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<v Speaker 2>actually the journalist's fault. And you go, come on, really, okay,

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<v Speaker 2>So when did this start really start where the media

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<v Speaker 2>was not believed When you talk about mainstream media, radio, television,

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<v Speaker 2>these news outlets, they were believed. Oh man, were they believed?

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<v Speaker 2>That was where we got our news? So what destroyed it?

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<v Speaker 2>And this is something that a lot of us were

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<v Speaker 2>involved with nineteen seventy two, Richard Nixon.

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<v Speaker 1>And the Watergate story.

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<v Speaker 2>There's a neat new documentary on Netflix by the Way,

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<v Speaker 2>about Watergate and how it connects with the modern era

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<v Speaker 2>or what's happening today to Watergate. Richard Nixon started with

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<v Speaker 2>the press is the enemy. The press is lying, the

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<v Speaker 2>press is victimizing me. And that broke down where you

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<v Speaker 2>had supporters of Richard Nixon and a lot.

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<v Speaker 1>Of them buying into it.

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<v Speaker 2>And I was my first year in college when Watergate

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<v Speaker 2>broke and I had a political science class I graduated

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<v Speaker 2>in that was my major political science and it should

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<v Speaker 2>have been in parentheses useless major close parentheses. But I

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<v Speaker 2>had a political science teacher who said, very early on,

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<v Speaker 2>this is the end of Richard Nixon. But the problem

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<v Speaker 2>you're going to see is how it's being covered. And unfortunately,

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<v Speaker 2>Nixon is having very many people believe that the press

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<v Speaker 2>is attacking him personally and lying about the facts, and

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<v Speaker 2>it is very depressing. And part all of this is

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<v Speaker 2>I hope we get over this, truly. I hope we

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<v Speaker 2>get over the fact that if you have the Washington Post,

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<v Speaker 2>if you have NBCCBS, not MSNBC, and.

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<v Speaker 1>Not Fox by the way, Fox.

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<v Speaker 2>Roger Ales, who created Fox News, is a genius because

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<v Speaker 2>he created and started this movement that Fox is the answer,

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<v Speaker 2>that is reality. Everything else is not the truth. And

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<v Speaker 2>he made a fortune doing that. Whether or not he

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<v Speaker 2>was a true believer, I don't know. I haven't looked

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<v Speaker 2>enough into him, but man, was that a good call.

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<v Speaker 2>And if you look at it, mainstream media doesn't make

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<v Speaker 2>much money anymore, to the point where the networks are

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<v Speaker 2>in trouble because they just aren't making enough money. Network

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<v Speaker 2>news shows are in trouble. The news departments, they don't

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<v Speaker 2>make any money. But it's they have all they and

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<v Speaker 2>by the way, they have never made money, but it's

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<v Speaker 2>the integrity of the networks that kept them alive.

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<v Speaker 1>The days of Edward R.

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<v Speaker 2>Murrow are long long gone, the days of Walter Cronkite

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<v Speaker 2>are long long gone. And Jeff Bezos jumped right into

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<v Speaker 2>this and unfortunately you and I can talk about it.

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<v Speaker 2>We're not Jeff Bezos. The influence this man has is astronomical.

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<v Speaker 2>This is KFI AM six forty live everywhere on the

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<v Speaker 2>iHeartRadio app. You've been listening to the Bill Handle Show.

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<v Speaker 2>Catch My Show Monday through Friday six am to nine am,

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<v Speaker 2>and anytime on demand on the iHeartRadio app.