WEBVTT 1 00:00:00.760 --> 00:00:04.160 You're listening to KFI AM six forty the Bill Handles 2 00:00:04.160 --> 00:00:10.240 show on demand on the iHeartRadio f It is a 3 00:00:10.279 --> 00:00:13.359 Tuesday Morning Taco Tuesday, January twenty eighth. One of the 4 00:00:13.400 --> 00:00:15.720 stories recovering a lot of them this morning is the 5 00:00:15.759 --> 00:00:18.039 Gulf of Mexico is no longer the Gulf of Mexico. 6 00:00:18.719 --> 00:00:22.039 Google is changing the name of the Gulf of Mexico 7 00:00:22.199 --> 00:00:27.480 to the Gulf of America after President Trump ordered that 8 00:00:27.679 --> 00:00:32.640 the golf being named Gulf of America. He also said 9 00:00:32.679 --> 00:00:39.920 that Mount McKinley, which used to Bednali, and that was 10 00:00:40.000 --> 00:00:42.920 the name of that of the mountain in that area 11 00:00:43.039 --> 00:00:47.159 for hundreds of years. That became Mount McKinley in nineteen fifteen. 12 00:00:47.799 --> 00:00:51.399 That's going back to Mount McKinley again in honor of 13 00:00:51.640 --> 00:00:55.399 President McKinley, William McKinley. In the meantime, do you mamer 14 00:00:55.439 --> 00:00:59.000 what happened with Cape Canaveral. Cape Canaveral became Cape Kennedy 15 00:00:59.640 --> 00:01:02.439 and then went back to Cape Canaveral. And why is that? 16 00:01:02.840 --> 00:01:08.040 Because it was Cape Canaveral for hundreds of years. By 17 00:01:08.079 --> 00:01:09.920 the way, you know, when Gulf of Mexico became the 18 00:01:09.959 --> 00:01:13.480 Gulf of Mexico about four hundred years ago, and now 19 00:01:13.519 --> 00:01:17.079 it's the Gulf of America. Yeah, you know, I'm okay 20 00:01:17.120 --> 00:01:19.640 for change, but you know, at certain points you go please, 21 00:01:19.760 --> 00:01:23.400 you know, you know, really all right, getting a lot 22 00:01:23.439 --> 00:01:26.400 more serious in terms of who's going to be to 23 00:01:26.439 --> 00:01:28.760 blame for the Eaton fire and is it going to 24 00:01:28.799 --> 00:01:31.719 be Southern California? Edison, the transmission lines. We're going to 25 00:01:31.799 --> 00:01:36.760 relive that story of transmission lines. There is a video 26 00:01:38.280 --> 00:01:42.400 that show flashes of blue and white light flaring near 27 00:01:42.560 --> 00:01:49.959 that equipment and then the hillside explodes into flames. Is 28 00:01:50.040 --> 00:01:53.400 that Edison that caused that? Edis then of course says nope, nope, nope, 29 00:01:53.439 --> 00:01:57.040 we had nothing to do with it. Well, Sunday, one 30 00:01:57.040 --> 00:02:00.079 of the law firms suing Edison released an edited video 31 00:02:00.799 --> 00:02:04.120 shows this blue arcing in the canyon. It's take about 32 00:02:04.159 --> 00:02:09.800 a mile away from a security camera, and it shows 33 00:02:10.360 --> 00:02:14.280 the suspected ignition point of the fire, strong winds whipping 34 00:02:14.319 --> 00:02:19.000 through the area, the flashing on the dark hill side, 35 00:02:19.439 --> 00:02:24.240 and then the lights flash into or so they say, 36 00:02:24.439 --> 00:02:29.560 into this fire. Okay. Right after that, the hillside begins 37 00:02:29.560 --> 00:02:32.879 to burn. As I said, a spokesperson for Edison said, 38 00:02:32.919 --> 00:02:36.120 hang on a minute, before we start throwing blame around. 39 00:02:36.439 --> 00:02:39.080 Let's look at all the evidence. It has to be 40 00:02:39.199 --> 00:02:43.479 completed before a cause of the fire could be determined. 41 00:02:43.719 --> 00:02:46.439 By the way they're right, I mean, do we just 42 00:02:46.639 --> 00:02:50.319 don't do we not investigate? Do we just say okay, 43 00:02:50.479 --> 00:02:54.639 here it is no we have to investigate, and of 44 00:02:54.680 --> 00:02:59.560 course evident as Edison officials, surprising has surprisingly have said, 45 00:03:00.120 --> 00:03:05.120 we don't believe our electrical equipment was responsible and early inspections, 46 00:03:05.120 --> 00:03:08.599 Our early inspections of the equipment shows no signs of 47 00:03:08.759 --> 00:03:13.520 arcing or power anomalies. No one knows what caused the fire. 48 00:03:13.680 --> 00:03:18.319 Edison says, well, it's being investigated by the California Department 49 00:03:18.360 --> 00:03:21.199 of Forestry and Fire Protection. They're not going to comment 50 00:03:21.240 --> 00:03:27.039 on on it other than we're investigating. Now Here is 51 00:03:27.120 --> 00:03:30.439 one of the interesting side stories about this, and we're 52 00:03:30.439 --> 00:03:34.000 going to hear a lot more. Edison previously had said 53 00:03:34.039 --> 00:03:37.000 that the distribution lines in that area immediately west of 54 00:03:37.039 --> 00:03:42.319 Eaton Canyon were de energized well before the fire started. Therefore, 55 00:03:42.479 --> 00:03:45.479 our power lines could not have started those because there 56 00:03:45.560 --> 00:03:51.560 was no energy in there. However, the company said that 57 00:03:51.680 --> 00:03:55.680 transmission lines on the east side of the canyon remained powered, 58 00:03:56.240 --> 00:04:00.719 and the chief executive of Edison also said the winds 59 00:04:00.759 --> 00:04:06.439 were not strong enough to merit de energizing that electrical 60 00:04:06.479 --> 00:04:09.199 transmission line. So wait a minute, the line where the 61 00:04:09.199 --> 00:04:14.560 fire started was not de energized, and the lines or 62 00:04:14.840 --> 00:04:20.560 was ya was not degenerized, but degenerate, degenerate, d genericize. 63 00:04:20.959 --> 00:04:24.120 God that I did that energization. You know, I do that, 64 00:04:24.319 --> 00:04:27.160 and it drives me completely nuts. You know, you can 65 00:04:27.199 --> 00:04:30.839 tell that English is not my first language, Honest to God. 66 00:04:31.240 --> 00:04:33.519 There are times they go, Bill, you don't speak English. 67 00:04:33.519 --> 00:04:36.279 I go, yeah, Now, you know English is my second language. Anyway, 68 00:04:37.120 --> 00:04:40.399 was it de energized? Right? Winds have to be sixty 69 00:04:40.399 --> 00:04:43.920 to eighty miles per hour for the company to consider 70 00:04:43.959 --> 00:04:48.519 de energizing those lines, And the readings of Edison show 71 00:04:48.800 --> 00:04:52.519 that they were lower than that. They didn't hit sixty 72 00:04:52.560 --> 00:04:56.639 miles an hour. They hit fifty nine miles an hour. 73 00:04:57.839 --> 00:05:00.199 Oh okay, Well you got to draw the line somewhere, 74 00:05:00.959 --> 00:05:04.920 you know, at some point you say no. So the 75 00:05:05.000 --> 00:05:08.879 National Weather Service records the fifty nine mile per hour 76 00:05:09.040 --> 00:05:13.519 at the monitoring site there. Now, last week Edison, the 77 00:05:13.560 --> 00:05:16.839 attorney said, wait a minute, we also show an encampment 78 00:05:17.040 --> 00:05:22.519 about three hundred yards downhill from the suspected ignition point. Well, 79 00:05:22.560 --> 00:05:27.399 the attorney suing Edison says, that's right, three hundred yards down. 80 00:05:28.199 --> 00:05:31.199 Do you think that matters at all? You've got a 81 00:05:31.199 --> 00:05:34.120 bunch of homeless people, and three hundred yards away there's 82 00:05:34.120 --> 00:05:36.439 a fire that explodes. I mean, what do I think 83 00:05:36.480 --> 00:05:42.720 happened there? It's getting really very testy between everybody, as 84 00:05:42.720 --> 00:05:46.000 you could imagine. Attorneys suing the company have asked the 85 00:05:46.079 --> 00:05:49.079 judge to order the company to preserve data and equipment. 86 00:05:49.079 --> 00:05:51.720 This happens all the time. That's not to say that 87 00:05:51.920 --> 00:05:54.279 Edison is not preserving the data. I don't even know 88 00:05:54.279 --> 00:05:57.480 why they asked that, because everybody preserves the data. Although 89 00:05:58.079 --> 00:06:03.399 Edison attorneys oppose that motion. Wait a minute, they oppose 90 00:06:03.519 --> 00:06:07.040 the motion which asked them to preserve the data, but 91 00:06:07.120 --> 00:06:10.040 they already are preserving the data. Why would they oppose 92 00:06:10.079 --> 00:06:13.639 the motion? Just say okay, I don't care. It's like 93 00:06:13.680 --> 00:06:16.040 a restraining order. I talk about that all the time. 94 00:06:16.639 --> 00:06:18.600 I get asked on handle on the law. I've got 95 00:06:18.600 --> 00:06:21.759 a restraining order against me. I'm not allowed to visit 96 00:06:21.800 --> 00:06:24.319 my ex wife. I go, where do you live? About 97 00:06:24.319 --> 00:06:26.720 four hundred miles away from my ex wife. What do 98 00:06:26.759 --> 00:06:29.680 you care? Do you ever plan on seeing her again? No, 99 00:06:30.399 --> 00:06:33.199 what do you care? Are you going to fight that 100 00:06:33.279 --> 00:06:38.519 restraining order? That's what's happening here now. Much of the 101 00:06:38.560 --> 00:06:41.120 cost of this fire, incidentally, could be absorbed by the 102 00:06:41.120 --> 00:06:45.680 state's wildfire fund. But if Edison gets nailed for this, 103 00:06:46.399 --> 00:06:53.000 and we're talking about damages in the billions of dollars here, Edison, 104 00:06:53.040 --> 00:06:57.279 by the way, doesn't have a good record with liability. 105 00:06:57.360 --> 00:07:02.439 Remember the Creek fire in twenty seventeen the Angelus National Forests, Well, 106 00:07:03.240 --> 00:07:05.079 they fought it and fought it and fought it, saying 107 00:07:05.079 --> 00:07:07.120 it's not our fault, it's not our fault. Last year, 108 00:07:07.120 --> 00:07:12.759 a federal investigator with the US Forest Service made its determination, Yeah, 109 00:07:12.839 --> 00:07:15.920 it was your fault after gaining access to Edison's data 110 00:07:15.959 --> 00:07:21.199 in twenty twenty two. Here's what the federal complaint was. 111 00:07:21.279 --> 00:07:24.279 Here's the language of the federal complaint against Edison in 112 00:07:24.639 --> 00:07:29.439 the Creek fire back in twenty seventeen southern California. Edison 113 00:07:29.560 --> 00:07:32.639 breached its duty of care and was negligent in causing 114 00:07:32.680 --> 00:07:36.720 the Creek fire, including its failure to construct, maintain, and 115 00:07:36.839 --> 00:07:40.000 operate its power lines and equipment in a safe and 116 00:07:40.000 --> 00:07:43.839 effective working order. All right? Is that going to be 117 00:07:43.879 --> 00:07:46.680 brought into court. It's a civil trial, it's not a 118 00:07:46.680 --> 00:07:51.240 criminal trial. But still I don't think it's looking good 119 00:07:51.240 --> 00:07:54.160 for Edison personally. But you gotta wait, you know, we 120 00:07:54.240 --> 00:07:56.959 have to wait until the investigation is over. Although what 121 00:07:57.120 --> 00:07:59.439 was it? The creek fire took five years before anybody 122 00:07:59.480 --> 00:08:03.759 figured it out, all right? Coming up a story about 123 00:08:03.759 --> 00:08:08.720 the fires. Remember I talked about private firefighting. You could 124 00:08:08.800 --> 00:08:15.480 hire your own fire department firefighters. There's another spin on 125 00:08:15.519 --> 00:08:17.160 that that I want to share with you that I'll 126 00:08:17.199 --> 00:08:19.879 let you you haven't thought about. And that's coming right up. 127 00:08:21.279 --> 00:08:25.160 You're listening to Bill Handle on demand from KFI AM 128 00:08:25.199 --> 00:08:26.040 six forty. 129 00:08:27.240 --> 00:08:30.199 A couple of stories. We're looking at the Gulf of 130 00:08:30.240 --> 00:08:34.200 Mexico is now the Gulf of America, as President Trump 131 00:08:34.759 --> 00:08:38.799 has indicated and said, and Google says, okay, we're changing 132 00:08:38.879 --> 00:08:41.320 the name of the golf to the Gulf of America. 133 00:08:41.759 --> 00:08:45.440 And now there's a move to call the United States 134 00:08:45.480 --> 00:08:48.360 itself Trump Land, and we'll see how far that goes. 135 00:08:49.080 --> 00:08:55.960 It's like Disneyland, I told you, and I've talked about 136 00:08:56.960 --> 00:09:02.759 private firefighters. You can actually hire private firefighters, and it's 137 00:09:02.799 --> 00:09:06.000 like almost like security. Private security comes out to your 138 00:09:06.000 --> 00:09:10.039 home or business or these communities and they have nothing 139 00:09:10.080 --> 00:09:11.879 to do with the cops. But they come out and 140 00:09:12.559 --> 00:09:16.519 they patrol and some are armed in armed security for 141 00:09:16.600 --> 00:09:20.879 many buildings. Well, we talked about private firefighters. You can 142 00:09:21.039 --> 00:09:25.159 hire private firefighters, and that seems to be a thing. 143 00:09:25.600 --> 00:09:31.679 How about this one, Now, private fire hydrants. You can 144 00:09:31.720 --> 00:09:36.200 put in your own fire hydrant. Wait a minute, how 145 00:09:36.200 --> 00:09:39.440 do you do that? Well, there's a story in the 146 00:09:39.600 --> 00:09:44.000 La Times about this lawyer, Cassandra Rieira, and she soaked 147 00:09:44.000 --> 00:09:48.240 the plants in her yard, She moved flammable patio dure inside, 148 00:09:48.240 --> 00:09:50.360 did all the stuff you're supposed to do, and then 149 00:09:50.480 --> 00:09:56.879 hooked up her private fire hydrant to two long hoses 150 00:09:58.399 --> 00:10:00.799 she left coiled on the ground. Years ago, she spend 151 00:10:00.840 --> 00:10:05.039 thirteen hundred dollars on a personal hydrant system and an 152 00:10:05.039 --> 00:10:09.039 additional thousand bucks for a plumber to install it at 153 00:10:09.039 --> 00:10:12.960 the recommendation of local fire department. Why because her side 154 00:10:12.960 --> 00:10:16.480 of the street didn't have a public hydrant. This isn't 155 00:10:16.519 --> 00:10:20.320 about replacing hydrants when there are no hydrants. This is 156 00:10:20.360 --> 00:10:23.240 when the hydrant is down the street. And far away. 157 00:10:23.679 --> 00:10:26.919 If there's a hydrant right next to you, well you 158 00:10:26.960 --> 00:10:30.080 should be okay. And if the hydrant runs out of water, 159 00:10:30.159 --> 00:10:33.679 do you still get municipal water sometimes? And what this 160 00:10:33.840 --> 00:10:38.000 is about is hooking up to your home sprinkler system, 161 00:10:38.200 --> 00:10:43.440 home water system, and it turns it into a fire hose. 162 00:10:43.799 --> 00:10:45.799 Now not the kind you see the fireman use, but 163 00:10:45.879 --> 00:10:48.320 it's an inch and a half. It pressurizes the water 164 00:10:49.320 --> 00:10:51.080 with its system, and all of a sudden, you don't 165 00:10:51.080 --> 00:10:53.440 have just a garden hose. You have this inch and 166 00:10:53.480 --> 00:10:57.799 a half high pressure water that's going out. Not bad, 167 00:10:58.120 --> 00:11:01.600 I mean it sure helps. It's a form of preparedness. 168 00:11:02.559 --> 00:11:07.480 Companies are selling these way less expensive than having a 169 00:11:07.600 --> 00:11:12.440 dedicated firefighting crew down the street. Are paying for private firefighters, 170 00:11:13.600 --> 00:11:18.879 and customers purchase what they need hoses, nozzles, valves, adapters, 171 00:11:19.879 --> 00:11:23.759 and very simply, it increases the water flow rate from 172 00:11:24.159 --> 00:11:28.080 the outdoor faucet that supplies water to the house, and 173 00:11:28.159 --> 00:11:34.720 I mean increases it dramatically. And they're legal. Private hydrants 174 00:11:34.720 --> 00:11:39.000 are perfectly legal now owners are responsible for maintaining them. 175 00:11:39.759 --> 00:11:42.960 They have to pay for the water they use, just 176 00:11:43.000 --> 00:11:46.360 like anything else. It's right off the meter. The guy 177 00:11:46.399 --> 00:11:50.600 who sells these, President of Brush Fire Battle System says, 178 00:11:50.600 --> 00:11:54.159 it's your water, it's behind your meter. And by the way, 179 00:11:54.200 --> 00:11:57.200 we began selling these private fire hydrants three years ago. 180 00:11:57.840 --> 00:12:00.200 Are there some rules. They have to be painted red, 181 00:12:00.799 --> 00:12:06.519 for example, they can't be yellow. That's one thing. So 182 00:12:06.639 --> 00:12:10.320 the fire department knows immediately this is a private fire hydrant, 183 00:12:10.840 --> 00:12:14.159 all right, that's La County. They have to be a 184 00:12:14.240 --> 00:12:19.200 painted red. And there is a twenty twenty three LA 185 00:12:19.279 --> 00:12:24.360 City Fire Code that says any action or project permit 186 00:12:24.639 --> 00:12:27.039 is required to install. So you got to hit a 187 00:12:27.039 --> 00:12:31.879 permit in La in the city of Los Angeles, and 188 00:12:32.200 --> 00:12:34.879 private hydrants are going to be used and are being 189 00:12:34.960 --> 00:12:38.039 used and being bought by homeowners all over the place. 190 00:12:38.840 --> 00:12:41.879 Now the experts are saying, you don't actually want to 191 00:12:41.879 --> 00:12:45.320 fight the fire yourself. You want to leave that the 192 00:12:45.360 --> 00:12:48.720 professional firefighters, so you don't actually pick up the hose 193 00:12:48.879 --> 00:12:51.519 and fight the fire. Come on, if there isn't a 194 00:12:51.559 --> 00:12:54.559 firefighter anywhere near. If you look at the Palisades fire, 195 00:12:54.600 --> 00:12:57.639 how much of that was left alone. There simply weren't 196 00:12:57.759 --> 00:13:00.759 enough firefighting trucks. There simply wasn't enough equipment. Of course, 197 00:13:00.759 --> 00:13:05.120 people that had these were using them to save their homes. 198 00:13:05.720 --> 00:13:08.200 And the problem is that was a gamble. Do you stay? 199 00:13:09.879 --> 00:13:13.480 I don't know. If it's putting out spotfires when the 200 00:13:13.519 --> 00:13:18.600 embers come down, yeah, if the fire is roaring to 201 00:13:18.600 --> 00:13:22.320 towards you at eighty miles an hour, maybe not. But 202 00:13:23.799 --> 00:13:29.720 they're quickly becoming the top requested amenity among wealthy home buyers. 203 00:13:29.879 --> 00:13:34.759 And since they're only one thousand dollars fifteen hundred dollars 204 00:13:34.840 --> 00:13:40.320 to install, that's not asking too much. Man. I would 205 00:13:40.360 --> 00:13:43.320 put one in in a heartbeat. Matter of fact. You know, 206 00:13:43.360 --> 00:13:46.320 I have a new home. I think I'm putting one in. 207 00:13:47.759 --> 00:13:54.320 I'm gonna paint it fusia or rainbow color. So I 208 00:13:54.360 --> 00:13:56.320 don't want to go into that. There's a whole political 209 00:13:56.360 --> 00:14:01.039 thing about that. All right, We're done with that. Coming up? 210 00:14:01.799 --> 00:14:06.639 What is deep Seek? Oh? Has that turned the stock 211 00:14:06.720 --> 00:14:10.840 market around? And if you haven't heard what deep Seek is, 212 00:14:11.159 --> 00:14:14.039 it's a big one and that I'll share with you. 213 00:14:14.240 --> 00:14:14.759 Coming up. 214 00:14:15.759 --> 00:14:19.639 You're listening to Bill Handle on demand from KFI AM 215 00:14:19.639 --> 00:14:20.200 six forty. 216 00:14:22.279 --> 00:14:25.000 Oh. Do we have a story of financial story to 217 00:14:25.240 --> 00:14:29.080 talk about? There's a company called Deep Seek. No, it 218 00:14:29.200 --> 00:14:35.960 is not an adult film company or a distribution company. 219 00:14:36.039 --> 00:14:39.879 It is a computer company. And what is it about. 220 00:14:40.039 --> 00:14:44.279 It's about artificial intelligence. Okay, big deal. Oh, it is 221 00:14:44.279 --> 00:14:47.000 a big deal for a couple of reasons. It's Chinese. 222 00:14:47.879 --> 00:14:53.679 It's a Chinese tech startup. Yesterday the stock markets were 223 00:14:54.080 --> 00:14:59.759 just decimated by the news. And not only as a 224 00:14:59.799 --> 00:15:02.519 tech technical aspect to it in terms of the cost 225 00:15:02.879 --> 00:15:07.519 of AI, because it's an AI, it's an AI program. 226 00:15:08.360 --> 00:15:12.519 But also it has a massive political component because this 227 00:15:12.600 --> 00:15:19.440 has to do with the US and China developing AI technology. Now, 228 00:15:19.519 --> 00:15:23.639 the US government and many tech firms are well simply 229 00:15:24.080 --> 00:15:28.279 scared of China. We have to keep ahead of China technologically, 230 00:15:28.480 --> 00:15:32.960 and in many cases the government will not let certain 231 00:15:33.039 --> 00:15:36.840 chips be sold to the Chinese because of their ability to, 232 00:15:37.039 --> 00:15:40.960 for example, deal with AI, because the government says, we 233 00:15:41.080 --> 00:15:45.399 have to keep the US on top of this. Wooh. 234 00:15:45.799 --> 00:15:49.279 Also it pulls into question the huge amounts of money 235 00:15:49.360 --> 00:15:52.279 tech companies say they plan on spending on data centers 236 00:15:52.279 --> 00:15:59.679 and computer chips for AI. AI power is enormous. In 237 00:15:59.799 --> 00:16:03.600 order to power AI technology, tons of money has to 238 00:16:03.639 --> 00:16:06.960 be spent. Navidia, I mean, that's the biggest chip maker 239 00:16:07.000 --> 00:16:11.559 of this. These AI chips demand unbelievable amounts of money 240 00:16:11.600 --> 00:16:17.399 and they're hideously expensive. So what did Deep Seek do Well? 241 00:16:18.120 --> 00:16:20.919 It was founded by a Chinese guy in twenty twenty three. 242 00:16:21.879 --> 00:16:25.679 He co founded one of China's top hedge funds, and 243 00:16:26.000 --> 00:16:30.559 then he got into this manufacturing of this AI technology. 244 00:16:31.039 --> 00:16:33.679 I mean this seemed like a bright guy. Yeah, like 245 00:16:33.759 --> 00:16:36.320 unbelievable in terms of tech. Oh, by the way, he's 246 00:16:36.360 --> 00:16:40.600 only twelve years old. I'm just kidding. It's just all 247 00:16:40.679 --> 00:16:44.720 these new billionaires are twelve or fifteen years old. Anyway. 248 00:16:45.799 --> 00:16:51.240 What it does is it uses Navidia's chips but lower 249 00:16:51.360 --> 00:16:57.159 power allowed to be sold to China, and it bought 250 00:16:57.240 --> 00:17:02.120 about ten thousand of these A one hundred graphics processor 251 00:17:02.200 --> 00:17:06.319 chips that are used to build and run its AI systems. 252 00:17:06.839 --> 00:17:11.599 They can do it for far less money. They can 253 00:17:11.640 --> 00:17:15.640 do it to run it far less power, and it's 254 00:17:15.680 --> 00:17:20.279 as good as what America is producing, which is costing 255 00:17:20.400 --> 00:17:24.240 in the billions of dollars to develop. I think they 256 00:17:24.319 --> 00:17:26.599 started up with a five and a half million dollars 257 00:17:26.640 --> 00:17:29.359 startup fund and they pulled this off. I mean, this 258 00:17:29.440 --> 00:17:33.640 is peanuts and now everybody is sweating bullets. I mean, 259 00:17:33.680 --> 00:17:36.319 the market reacted it was the biggest one day fall 260 00:17:36.519 --> 00:17:40.519 in tech stocks, and the history of the market in 261 00:17:40.680 --> 00:17:46.640 Vidio's fall was just astronomical against a little bit. Today, 262 00:17:46.759 --> 00:17:51.000 its recent models are built with the lower performing chips 263 00:17:51.039 --> 00:17:55.160 not banned in China, so you don't need the fancies. 264 00:17:55.240 --> 00:17:58.880 Hardware may not be needed, isn't needed for cutting edge 265 00:17:58.920 --> 00:18:05.240 AI research, and it's supposed to be as good ass man. 266 00:18:05.440 --> 00:18:12.559 That is scaring everybody investors in AI technology, and I 267 00:18:12.680 --> 00:18:18.519 mean by the billions and billions of dollars Google Amazon, 268 00:18:18.640 --> 00:18:20.319 and all of a sudden, they can turn around and go, wait, 269 00:18:20.400 --> 00:18:21.880 that's fine, they did this for five and a half 270 00:18:21.920 --> 00:18:25.759 million dollars. What's what the hell's going on? And of 271 00:18:25.799 --> 00:18:29.759 course the geopolitical angle of this, all of a sudden, 272 00:18:29.880 --> 00:18:34.039 China is developing a technology in what we in the 273 00:18:34.160 --> 00:18:38.759 United States consider the future our technological advantage and all 274 00:18:38.759 --> 00:18:44.680 of a sudden is gone. And the politicos read the 275 00:18:44.720 --> 00:18:48.240 Trump administration is sweating bullets wide because of what are 276 00:18:48.359 --> 00:18:51.759 one of the primary primary points of the Trump administration 277 00:18:51.880 --> 00:18:57.559 running for office, Because we're enemies with China. We are enemies. 278 00:18:57.599 --> 00:19:00.200 We haven't gone to war, but we are in a 279 00:19:00.279 --> 00:19:05.160 trade war, and we can't let him have our technology. Well, 280 00:19:05.279 --> 00:19:09.599 guess what, they don't need our technology. They have their 281 00:19:09.640 --> 00:19:14.960 own and it doesn't cost them jack. Now the President 282 00:19:15.039 --> 00:19:19.920 has gone from we cannot let China have any advantage 283 00:19:19.920 --> 00:19:24.839 over us to saying yesterday to House Republicans in Miami 284 00:19:25.599 --> 00:19:29.920 that this news is positive and that means you won't 285 00:19:29.960 --> 00:19:32.440 be spending as much and you're gonna get the same result. 286 00:19:33.519 --> 00:19:35.680 And he called the development a wake up call for 287 00:19:35.759 --> 00:19:38.920 our industries that we need to be laser focused on 288 00:19:39.440 --> 00:19:43.359 competing to win. By the way, do you know how 289 00:19:43.440 --> 00:19:46.880 much money was spent by Open Ai, Oracle, and soft 290 00:19:47.000 --> 00:19:53.359 Bank on AI technology. It's gonna be about five hundred 291 00:19:53.400 --> 00:19:59.200 billion dollars half a trillion dollars. Yeah, they did it, 292 00:19:59.200 --> 00:20:02.559 it's being reported with five and a half million. They 293 00:20:02.559 --> 00:20:07.240 were able to pull this off using chips that you 294 00:20:07.319 --> 00:20:12.519 buy at your local computer store, You go online, you 295 00:20:12.559 --> 00:20:16.079 go on Amazon, you buy a reasonably low cost chip, 296 00:20:16.119 --> 00:20:18.160 a gaming chip, and you can pull this off, or 297 00:20:18.160 --> 00:20:21.039 at least the Chinese have done it. I mean, it 298 00:20:21.119 --> 00:20:25.440 is just incredible what they've been able to do. And 299 00:20:25.480 --> 00:20:28.599 I tell you they are well, this guy is unbelievable. 300 00:20:28.640 --> 00:20:32.000 I mean, he's going to be one of the pioneers, 301 00:20:32.079 --> 00:20:35.559 one of the visionaries. I'll tell you that. Okay, we're 302 00:20:35.559 --> 00:20:39.200 done with that. Now, let's talk about how if you 303 00:20:39.279 --> 00:20:43.400 have a kid and you have a caregiver, probably illegal, 304 00:20:43.759 --> 00:20:47.119 I mean that's the way it normally goes. I have 305 00:20:47.160 --> 00:20:50.279 a little story for you that I want to share. Then, 306 00:20:50.720 --> 00:20:53.880 what's going on with this crackdown? Well, you're going to 307 00:20:53.880 --> 00:20:59.160 be affected big time and caregivers through the years. I mean, 308 00:20:59.200 --> 00:21:01.359 you're going to get old, You're going to need your 309 00:21:01.400 --> 00:21:05.359 diapers changed. It's that simple. And who's going to do it? 310 00:21:07.119 --> 00:21:12.559 That is the story coming up. Aha, diaper changing story 311 00:21:13.079 --> 00:21:15.720 just for you. 312 00:21:15.720 --> 00:21:19.599 You're listening to Bill Handle on demand from KFI AM 313 00:21:19.599 --> 00:21:20.160 six forty. 314 00:21:23.400 --> 00:21:27.039 The President has signed four executive orders going to reshape 315 00:21:27.039 --> 00:21:32.519 the military, banning transgender troops from serving, getting rid of 316 00:21:32.559 --> 00:21:37.079 the military DEI programs, reinstating service members with pay back 317 00:21:37.160 --> 00:21:42.400 pay who refuse to get a COVID vaccination, and the 318 00:21:42.440 --> 00:21:45.000 Golf of Mexico is no longer the Golf of Mexico. 319 00:21:45.279 --> 00:21:50.480 It is now the Gulf of America. And okay, you know, 320 00:21:50.920 --> 00:21:55.039 some big changes are afoot, some big changes that we've 321 00:21:55.039 --> 00:21:57.680 been reporting on that unless you live under a rock 322 00:21:57.960 --> 00:22:02.880 you have been seeing, and that is this immigration crackdown, 323 00:22:03.799 --> 00:22:08.640 and I mean immigration crackdown. They are picking up the 324 00:22:08.680 --> 00:22:13.200 federal government is picking up illegal immigrants by the bus load. 325 00:22:13.960 --> 00:22:17.920 And Trump pet promise and has kept this promise that 326 00:22:18.240 --> 00:22:21.880 illegal immigration will not be tolerated. I'm going to this 327 00:22:21.920 --> 00:22:26.440 is Trump speaking to port eleven million illegal immigrants. Now, 328 00:22:26.559 --> 00:22:28.720 is he gonna do that? Of course that first he 329 00:22:28.839 --> 00:22:31.400 is going after the bad guys, and that seems to 330 00:22:31.440 --> 00:22:34.880 be happening. And here is the problem. Now, let's look 331 00:22:34.920 --> 00:22:39.640 at the non bad guys. Okay, people who work in healthcare. 332 00:22:41.079 --> 00:22:43.440 Like my mother, she didn't work in healthcare. She had 333 00:22:43.480 --> 00:22:48.000 people take care of her. Now, one of the aspects 334 00:22:48.119 --> 00:22:52.319 about illegal immigration, as many Americans say, if illegal immigrants 335 00:22:52.480 --> 00:22:57.799 were thrown out of this country, then we would have jobs. 336 00:22:58.079 --> 00:23:01.480 They are taking away our jobs. I don't know anybody 337 00:23:01.559 --> 00:23:06.759 who is out there picking strawberries who is white, no idea. 338 00:23:08.000 --> 00:23:12.400 I don't know anybody who's a caregiver. Caregivers are either 339 00:23:12.440 --> 00:23:15.519 at home or in their own facilities, and they take 340 00:23:15.559 --> 00:23:21.240 care of elderly people for the most part. Now, according 341 00:23:21.279 --> 00:23:25.200 to the Kaiser Foundation, they're saying twenty eight percent of 342 00:23:25.240 --> 00:23:28.119 the workers who cared directly for people in nursing homes 343 00:23:28.160 --> 00:23:33.079 and other forms of long term care are illegal immigrants. 344 00:23:34.000 --> 00:23:36.799 I don't buy that for a second. I think it 345 00:23:36.839 --> 00:23:41.759 is far far higher than that, because as my mother 346 00:23:43.119 --> 00:23:47.400 was in various facilities and she deteriorated, so I was 347 00:23:47.440 --> 00:23:50.559 giving her more and more care. She as I've shared 348 00:23:50.599 --> 00:23:52.960 with you before, she died at the age of ninety eight. 349 00:23:54.279 --> 00:23:56.759 She should have died at the age of ninety three 350 00:23:57.920 --> 00:24:01.480 because by the age of nine three she no longer 351 00:24:01.559 --> 00:24:05.200 knew who I was, who anybody was, and I was 352 00:24:05.240 --> 00:24:08.480 spending a lot of money caring for her. Should have 353 00:24:08.480 --> 00:24:10.160 put her on the just parked her on the sidewalk. 354 00:24:10.200 --> 00:24:13.680 She wouldn't have known the difference. And all the caregivers 355 00:24:13.759 --> 00:24:18.799 in the various facilities she was at were Hispanic or Filipino. Also, 356 00:24:19.000 --> 00:24:23.920 by the way, in many cases illegal immigrants and so 357 00:24:24.279 --> 00:24:27.640 as more and more are deported, and we're going to 358 00:24:27.720 --> 00:24:30.480 see not just the bad guys, but they're going to 359 00:24:30.680 --> 00:24:34.400 raid facilities. Are they going to raid healthcare? They're going 360 00:24:34.480 --> 00:24:39.039 to raid nursing homes. Who the hell knows? And well, 361 00:24:39.079 --> 00:24:41.200 a friend of mine who is a contractor, who's now 362 00:24:41.240 --> 00:24:46.440 a friend the contractor who was remodeled my house. As 363 00:24:46.440 --> 00:24:48.400 you know, I bought a house and I remodeled it. 364 00:24:49.079 --> 00:24:53.400 And he was saying, and Polo goes to home Depot 365 00:24:53.480 --> 00:24:56.720 and Low's to pick up supplies that he needs that 366 00:24:56.799 --> 00:25:00.200 he doesn't order, and he walked in there. He was 367 00:25:00.240 --> 00:25:03.400 telling me that there used to be people that were 368 00:25:03.400 --> 00:25:07.279 in the driveways, you know, the entrances of the stores, 369 00:25:07.319 --> 00:25:10.799 and they were Hispanic and virtually all of them being 370 00:25:11.039 --> 00:25:15.319 illegal because they worked casual labor. You go into a 371 00:25:15.359 --> 00:25:18.799 home depot or a Lows today, that parking lot is empty. 372 00:25:20.119 --> 00:25:24.720 There is no one there to help you none. Now 373 00:25:24.839 --> 00:25:28.119 are they going to raid parking lots? The government going 374 00:25:28.160 --> 00:25:32.920 to raid the entrances to these massive big home store 375 00:25:33.000 --> 00:25:38.680 they store DIY stores. Who the hell knows, They're already 376 00:25:38.799 --> 00:25:42.799 raiding factories. We know that. I guess the next step 377 00:25:42.960 --> 00:25:48.359 is where illegal migrants congregate. The next step is probably 378 00:25:48.400 --> 00:25:52.920 going to be nursing homes where the huge majority of 379 00:25:53.240 --> 00:25:57.799 the workers are illegal migrants. And it's going to be 380 00:25:57.880 --> 00:26:02.440 tough because we're getting older and old, we are aging. 381 00:26:04.519 --> 00:26:09.480 As a matter of fact. According to the National Center 382 00:26:09.519 --> 00:26:14.839 for Health Workforce Analysis, by twenty thirty, a quarter of 383 00:26:15.079 --> 00:26:18.640 California's population will be at least sixty years old. I'll 384 00:26:18.680 --> 00:26:22.839 be a lot older than that. And demand for home healthcare, aids, 385 00:26:22.920 --> 00:26:29.200 nursing assistants' personal care is going to go up, up, up, up, 386 00:26:29.799 --> 00:26:32.039 And there aren't enough people. There won't be enough people. 387 00:26:32.279 --> 00:26:35.359 And why well, because illegal migrants are the majority of 388 00:26:35.400 --> 00:26:38.599 the people that work there. Pay is very low. Changing 389 00:26:38.680 --> 00:26:42.440 diapers is not the best work in the world. Cleaning 390 00:26:42.480 --> 00:26:48.119 people up, giving them baths, it's no fun. And I 391 00:26:48.200 --> 00:26:53.200 don't buy the fact that they're taking away our jobs. 392 00:26:54.160 --> 00:26:56.279 I mean they're not. They're the only ones that are 393 00:26:56.279 --> 00:26:59.799 doing that job for the most part. So that's the 394 00:26:59.839 --> 00:27:04.359 other side of it. You know, do we dislike illegal 395 00:27:04.359 --> 00:27:08.480 immigrants in this country? Yes, we do. This is how 396 00:27:08.519 --> 00:27:11.920 Trump won, This is how Trump is now the president 397 00:27:12.160 --> 00:27:17.480 because he just pegged the feeling. I mean, he grabbed it. 398 00:27:17.960 --> 00:27:23.279 Democrats completely screwed the pooch. Did not understand the strong, 399 00:27:23.359 --> 00:27:28.920 strong feelings that the American populace has about illegal immigration. Now, 400 00:27:28.920 --> 00:27:32.039 are they all rapists and murderers? No? Are they taking 401 00:27:32.200 --> 00:27:35.319