Speaker 1: You're listening to bill Handle on demand from KFI A
Speaker 1: six forty. This is KFI bill Handle here on a
Speaker 1: Tuesday morning, August sixth. Look at the trending. What's going on?
Speaker 1: First of all, we've got Governor Tim Walls of Minnesota
Speaker 1: who has been selected as Kamala Harris' VP pick, and
Speaker 1: I'm going to do that in just a moment. Also,
Speaker 1: the global markets is amy reported have actually come back,
Speaker 1: or at least the meltdown has stopped. A one thousand dollars
Speaker 1: fall down the day before, and I think yesterday it
Speaker 1: was it was yesterday the meltdown, and then today it's
Speaker 1: up three hundred points. Anyway, it seems to have recovered somewhat.
Speaker 1: Google is a monopoly. So much going on, and they'll
Speaker 1: not to forget the heat wave which is going crazy,
Speaker 1: and the Olympics and what else. I don't know. I'm
Speaker 1: going to just do headlines till the end of the show.
Speaker 2: How about war in the Middle East?
Speaker 1: Oh yeah, that one too. World War three is about
Speaker 1: to spart start. Yeah, I forgot about that one. So
Speaker 1: there's a lot going on. So this morning, just before
Speaker 1: we went on the air, or as we were coming
Speaker 1: on the air, the announcement was made that Kamala Harris
Speaker 1: has selected Tim Walls, Governor of Minnesota, to be her
Speaker 1: running mate. Interesting guy, and it was a it made
Speaker 1: all the sense of the world. Now the three finalist,
Speaker 1: Mark Kelly, Senator from Arizona, Josh Shapiro, Governor of Pennsylvania,
Speaker 1: Ann Walls, all of them would have been a pretty
Speaker 1: good choice and now it's just a question of which
Speaker 1: would be the best. And it actually, I believe was incremental,
Speaker 1: And a lot of it had to do with Kamala
Speaker 1: Harris meeting with all three over the weekend and what
Speaker 1: kind of report did they have a lot of it
Speaker 1: has to do with do you trust this person? How
Speaker 1: do you feel is their chemistry? Because each of them
Speaker 1: had strengths in their own right. Pennsylvania is a battleground state,
Speaker 1: Arizona is a battleground state, Minnesota's a battleground state. And
Speaker 1: so why Tim Walls, Well, because he is a moderate
Speaker 1: and she's known as a liberal. She's certainly going to
Speaker 1: be attacked as a super liberal. He is moderate, he
Speaker 1: is down the line. He still hits all the Democratic
Speaker 1: boxes for sure. He's sixty years old, looks a little older.
Speaker 1: Two kids. Born in Nebraska, he was a moderate Democrat
Speaker 1: in Congress. He served as a representative from Minnesota twenty
Speaker 1: seven of twenty nineteen, and then in twenty nineteen he
Speaker 1: became the governor of Minnesota, and a fairly popular and
Speaker 1: influential one because he served as the chair of the
Speaker 1: National Democratic Governors Association. And he's going right after the moderates.
Speaker 1: So the moderates are looking at him, which is what
Speaker 1: Kamala Harris needs. The super liberal. She has the left,
Speaker 1: she has the right. I'm going to touch her anyway.
Speaker 1: Very dear friend of mine just texted me yesterday and said, well,
Speaker 1: we got another one of your p doo friends who
Speaker 1: are running for office. He and I have a great
Speaker 1: time with this. By the way, he's so people like that,
Speaker 1: it doesn't matter. And by the way, he's very proud
Speaker 1: of that that position. In the meantime, rural background, working
Speaker 1: class politician, went to a state college in Nebraska, Army
Speaker 1: National Guard. He was a teacher on an Indian reservation.
Speaker 1: He went to China as a teacher and later became
Speaker 1: a high school teacher, entered politics, and so here is
Speaker 1: what he has done. Here is what you're going to
Speaker 1: hear his accomplishments, tuition free meals at state universities, Abortion
Speaker 1: Rights instituted in the state law banning conversion therapy, which
Speaker 1: is completely insane in its own right. That was Mike
Speaker 1: Pence conversion therapy. If you are gay, we can give you. Basically,
Speaker 1: we're gonna make you. How does that work. I'm trying
Speaker 1: to remember what Mike Pence how he did that. Conversion
Speaker 1: para therapy is if you're a fairly conservative and religious
Speaker 1: and you have a gay member of either the congregation,
Speaker 1: you're dealing with a young man or young woman, you
Speaker 1: show porno and you get them so upset that they
Speaker 1: convert from being gay into being straight. Conversion therapy. It's
Speaker 1: just it's horrible. And what else did he do? Protections
Speaker 1: for gender affirming healthcare. That's going to be a huge issue,
Speaker 1: gender affirming healthcare right, the state will pay, the state
Speaker 1: will get involved in helping people do the trans business.
Speaker 1: Now that is, for some reason so important to the
Speaker 1: conservative movement. I don't get it. What do you care?
Speaker 1: What do you care if someone gets a operation? There
Speaker 1: are a few hundred a year, It means nothing. Let's
Speaker 1: say people being anti gay marriage, what do you care
Speaker 1: if the people next door get married. Come on, that
Speaker 1: is that a national issues at your taxes? Well, to
Speaker 1: some extent it is. But is that foreign policy? Is
Speaker 1: that immigration? So this has become a very big deal
Speaker 1: and he's going to be attacked for that one for sure.
Speaker 1: And he was joking, by the way, in a CNN
Speaker 1: interview where he talked about himself. What a monster he's
Speaker 1: talking about himself. Kids are eating, having full bellies so
Speaker 1: they can go learn, and women are making their own
Speaker 1: health care decisions. So he's right down the line. Oh,
Speaker 1: also the weird describing Donald Trump as weird. He came
Speaker 1: up with that. That is his claim to fame. And
Speaker 1: so so we will see what happens. And he starts.
Speaker 1: I think tonight is the first rally, if I'm not mistaken,
Speaker 1: where she introduces him and then he goes balls to
Speaker 1: the wall. And you're going to see a very interesting
Speaker 1: campaign between the Trump campaign and the Harris campaign. The
Speaker 1: Harris campaign you're going to see very methodical. You're going
Speaker 1: to see very well planned out. She listens to she
Speaker 1: listens to her advisors, or she will, and you have
Speaker 1: Trump going totally the other way. Trump shooting from the
Speaker 1: hip his advisor's cringing, and in many cases, Trump reads
Speaker 1: his audience much better than his advisors do. So it's
Speaker 1: going to be very interesting and the attacks are going
Speaker 1: to be terrific. Yesterday, Donald Trump had said before the
Speaker 1: announcement that any one of the three that would be
Speaker 1: chosen by Kamala Harris would make a better president than
Speaker 1: she would. And interestingly enough, today you will hear she
Speaker 1: has chosen the worst vice presidential candidate in the history
Speaker 1: of the United States, that there is no worst candidate
Speaker 1: that has ever existed. The Dodgers are back in LA
Speaker 1: to take on the Phillies tonight with the first pitch
Speaker 1: at seven. Listen to every play of every Dodgers game
Speaker 1: on AM five seventy LA, stream all the games and
Speaker 1: HD on the iHeartRadio app Keyword AM five seventy LA
Speaker 1: Sports powered by LA Care for all of LA. And
Speaker 1: just told me that it's Michelle Cube's birthday. So I'm
Speaker 1: Michelle Cube was a producer on this show for twenty
Speaker 1: five years and then is now the executive producer, and
Speaker 1: I want to congratulate Michelle for one of the great
Speaker 1: accomplishments of her life, and that's having been born. Good
Speaker 1: for you, excellent job. Okay, and people take off like
Speaker 1: it's my birthday week. What do you mean it's your
Speaker 1: birthday week. Well, I'm celebrating my birthday. I'm not going
Speaker 1: to come in this week. Do you know how many
Speaker 1: times I've taken off my birthday from work? Not once.
Speaker 1: I'm just not big on birthdays anyway, Michelle, congratulation on
Speaker 1: your huge achievement. Well done. Now let us talk about
Speaker 1: this lawsuit and this assisian yesterday by US Federal District
Speaker 1: Judge Amit Mehta, who ruled that Google is a monopoly
Speaker 1: violated anti trust laws. And this is a big, big deal,
Speaker 1: significant victory for the Feds. The regulator is trying to
Speaker 1: reign in the power of big tech in general, and
Speaker 1: boy do they do it with this decision. Although Google's
Speaker 1: argument that it isn't is ludicrous. And now you're looking
Speaker 1: at the other firms, Apple, madea Amazon, also facing antitrust
Speaker 1: lawsuits on different levels. And the judge wrote, and this
Speaker 1: was a month's long trial. After having carefully considered and
Speaker 1: waighed the witness, testimony and evidence, the court reaches the
Speaker 1: following conclusion. Google is a monopolist and it has acted
Speaker 1: as one to maintain its monopoly. Now, a couple of things,
Speaker 1: and I'm gonna give you some numbers in a moment.
Speaker 1: It's important to know that the ruling did not include
Speaker 1: a remedy. It just said Google is a monopoly now.
Speaker 1: Usually under antitrusts, when the court rules that there is
Speaker 1: a violation, sometimes usually there is a remedy. The company
Speaker 1: must break up at and T you had to sell
Speaker 1: off its subsidiaries. Standard Oil had to break up because
Speaker 1: it was a monopoly. That has not yet happened. They
Speaker 1: don't know. We don't know the remedy in this one.
Speaker 1: Maybe it's the way it does business. Maybe it has
Speaker 1: to be sold off parts and pieces of it. Don't
Speaker 1: know yet, Ken Walker, president of Google Global Affairs. Of course,
Speaker 1: says companies, gonn Peel. Of course it is. And this
Speaker 1: decision recognizes that Google offers the best search engine and
Speaker 1: concludes we shouldn't be allowed to make it easily available.
Speaker 1: We will remain focused on making products that people find
Speaker 1: helpful and easy to use. You know, he's right, that's
Speaker 1: exactly what the judge said. You have the best search engine,
Speaker 1: but I want to make sure that people can't use
Speaker 1: it That's exactly what I wrote. Not that you're a monopoly.
Speaker 1: It's that you're the best out there, and I want
Speaker 1: to rule that you can't that people can't use the best, right, Okay,
Speaker 1: So here is what the lawsuit is about. Here's what
Speaker 1: the judge ruled. Google maintained a monopoly on web searches
Speaker 1: by reaching agreement agreements with browser developers, phone manufacturers, wireless
Speaker 1: carriers all to pre load Google the search engine as
Speaker 1: the default, and the companies all receive a portion of
Speaker 1: advertising revenue. So Google gets its advertising revenue, of course,
Speaker 1: by selling data for the most part, and it then
Speaker 1: connects and we'll give AT and T or Samsung or
Speaker 1: Verizon the ability to share in the advertising. You give
Speaker 1: us as your default, you give us exclusivities, your default,
Speaker 1: will share with you the amount of money that we get. Okay,
Speaker 1: just to let you know. In twenty twenty one, twenty
Speaker 1: six point three billion dollars went to Apple and Mozilla alone,
Speaker 1: and then devices like Samsung, Motorola, US wireless carriers, AT
Speaker 1: and T, and Verizon. The biggest single expense that Google
Speaker 1: had that year was these revenue shares. And the government
Speaker 1: said this doesn't work. Why, Well, keep in mind that.
Speaker 1: Let me throw you some numbers in terms of monopoly.
Speaker 1: In two thousand and nine, eighty percent of all US
Speaker 1: web searches went through Google. In twenty twenty, it is
Speaker 1: ninety percent mobile searches on mobile devices, it is ninety
Speaker 1: five percent of searches go through Google. And Google is saying, Nope,
Speaker 1: we're not a monopoly. Bing which is owned by Microsoft,
Speaker 1: has a bit roaring six percent of the web searches,
Speaker 1: and Google says, nope, we're not a monopoly. All we
Speaker 1: do is a good job, and we're appealing it because
Speaker 1: the appeals court is going to agree with us saying
Speaker 1: no monopoly here, even though we have ninety five percent
Speaker 1: of device searches and ninety percent of general searches. Wow,
Speaker 1: So now what is going to happen? Don't know what
Speaker 1: is going to be the remedy. I don't know. Are
Speaker 1: they going to have to remove themselves as the default
Speaker 1: and make it more even Steven will see what the
Speaker 1: court has to say, or are they gonna have to
Speaker 1: break up some parts of it, maybe uh, sell off itself.
Speaker 1: Don't know, but I don't know where the court is
Speaker 1: going to go. I don't know where Google is going
Speaker 1: to go saying, oh no, no, that's not true. Don't
Speaker 1: ever think ninety five percent of market share could ever
Speaker 1: be a monopoly. All right, we have a vice presidential candidate,
Speaker 1: Tim Walls of Minnesota. Kamala Harris has just selected him.
Speaker 1: Here I go with that. Damn uh timata tillo sauce
Speaker 1: on my fretatas it doesn't Yeah, that's a ti yeah tomato.
Speaker 1: You know I can't do that during the show. It
Speaker 1: just really gets into my my throat. Oh yeah, I mean,
Speaker 1: I know the show.
Speaker 2: When you don't use.
Speaker 1: Top of tillo, it's so much better, Christine, I know.
Speaker 2: Ok thank you choreographed and executed.
Speaker 1: Okay, So Tim Walls, I'm gonna get over this. At
Speaker 1: some point the global meltdown financially stopped, thank goodness. And
Speaker 1: then Google has been hit with being declared a monopoly.
Speaker 1: Ruled that it's a monopoly yesterday in federal court. I
Speaker 1: cannot do that anymore. It's just too much with this
Speaker 1: this the frettats in the morning, so remind me not
Speaker 1: to do it until tomorrow. Okay. So the other big stories,
Speaker 1: what's going on in the Olympics and stop looking at
Speaker 1: me that way. Another big story is what's happening on
Speaker 1: in the Olympics, and that is the security is kind
Speaker 1: of insane, right, forty five thousand cops plus we don't
Speaker 1: know how many army people and foreign police forces are
Speaker 1: there now. France has a very interesting habit of they
Speaker 1: give themselves the right to do things that well, most
Speaker 1: democracies would not. For example, France has something called micah
Speaker 1: MICUs and what it is is an individual measure of
Speaker 1: administrative control and surveillance. That's the name of it in French,
Speaker 1: called MICUs, and it allows the French authorities to take
Speaker 1: people who they think might be a risk to the Olympics,
Speaker 1: not only not let them into the venue, but say
Speaker 1: you've got to stay home house arrested. You can't leave
Speaker 1: your house during the Olympics, or you can't leave your neighborhood,
Speaker 1: or you have to report to the police every day
Speaker 1: so we know exactly where you are. No charges, nobody
Speaker 1: goes in front of a judge. It's just under federal
Speaker 1: law they can do that. And usually these are of
Speaker 1: North African descent. They are Muslims from Algeria whatever in
Speaker 1: North Africa, and the French have some reason to believe
Speaker 1: that there may be a threat. For example, one guy
Speaker 1: who shows himself took a selfie and shows himself when
Speaker 1: the first attack on Israel October seventh, so the Eiffel
Speaker 1: Tower had a Star of David in lights. He takes
Speaker 1: himself as selfie of him flipping the bird at the
Speaker 1: Star of David. He's from North Africa, he's a Muslim.
Speaker 1: He's not going anywhere near the games because the French
Speaker 1: authorities have decided no, thank you. And of course lawyers
Speaker 1: are going crazy and saying you can't do that with
Speaker 1: a French can do that under their rules. But here
Speaker 1: I'm geting you another side of the coin. There's only
Speaker 1: a couple hundred of them, by the way, that have
Speaker 1: done that. There were five hundred, of which two hundred
Speaker 1: are under this kind of control, So we're not talking
Speaker 1: about a huge number, but it's enough for their versions
Speaker 1: of the ACLU to go crazy. Let's do the reverse
Speaker 1: where the French authorities have had reason to believe there
Speaker 1: might be a risk there and did nothing, and a
Speaker 1: terrorist attack happens. What do you think is going to happen?
Speaker 1: You knew, you knew this guy had gone on these
Speaker 1: internet sites. You knew he was Muslim. You knew he
Speaker 1: had said things that are anti Israel or anti the West,
Speaker 1: or pro Palestinian, and he was on the radar. You knew. Now,
Speaker 1: friends has had its share of terrorist attacks, big time,
Speaker 1: it more so than other countries, and so they're reacting
Speaker 1: rather forcibly. Can you imagine, for example, in the United States,
Speaker 1: going to university and not being able to wear a
Speaker 1: he job if you are a Muslim student, now you
Speaker 1: can't do it. In France they can say exactly that
Speaker 1: under French law. Remember the fight that was here with
Speaker 1: a driver's license and a woman wanted to wear the
Speaker 1: veil and didn't want her face to be seen because
Speaker 1: she was a Muslim for a driver's license photo for
Speaker 1: ID And there was a huge fight here in the
Speaker 1: United States and it went up through the courts. It's
Speaker 1: a different world over there, and so by okay with that, Yeah,
Speaker 1: for the most part, you know, file lawsuit. Yeah, you
Speaker 1: can take it to court. By the way, you can
Speaker 1: only take it to court after the time that you
Speaker 1: can't go to the Olympics. We'll see in court a
Speaker 1: couple of weeks from now, and then you can say
Speaker 1: the judge can say you shouldn't have done that. In
Speaker 1: the meantime, if you happen to be one of these
Speaker 1: people that are under this MICUs decision by the French
Speaker 1: Ministry of the Interior Security Forces, watch it on TV
Speaker 1: because you're getting nowhere near even the neighborhoods that the
Speaker 1: Olympic venues are at. Okay, now, interesting article came out
Speaker 1: of the Atlantic and this is where Neil and I, well,
Speaker 1: he see me and we've known each other for almost
Speaker 1: thirty years. And that is tight wads. But tight wads
Speaker 1: people who have money, tight wads. And there's a whole
Speaker 1: psychological thing about that. Now I have a reputation for
Speaker 1: being a tight wad. You know, I'm cheat. My clothes
Speaker 1: truly are from Costco. I know I shticky about it,
Speaker 1: but it's absolutely true. My shorts fifteen bucks at Costco,
Speaker 1: my pans sixteen bucks at Costco. My shirt's fifteen bucks
Speaker 1: at Costco. I mean, that's what I do money restaurants
Speaker 1: just with my daughter every few months. Because she's a foodie.
Speaker 1: I won't spend money. I mean, to me, going out
Speaker 1: Cheesecake Factory is a very big expensive meal for me.
Speaker 1: Quick story. A dear friend of mine who was president
Speaker 1: of Premier Radio, who syndicated a handle on the law,
Speaker 1: obviously a lot of your ago, and he sharpest dresser
Speaker 1: I've ever ever known. And Craig I once asked him,
Speaker 1: because he's just beautiful clothes, I go, how much were
Speaker 1: those pants, Craig? And he goes, two hundred and fifty dollars?
Speaker 1: I said, two hundred and fifty dollars for a pair
Speaker 1: of pants. I wouldn't. I don't have four suits combined
Speaker 1: that cost two hundred and fifty dollars. And so when
Speaker 1: we became when the show became syndicated, he gave me
Speaker 1: a gift certificate to a men's store for two hundred
Speaker 1: and fifty dollars where he bought his pants. He goes, here,
Speaker 1: get yourself a pair of pants, my gift. I kept
Speaker 1: that gift certificate until the store went bankrupt. I could
Speaker 1: never ever spend that much money on a pair of pants. Neil,
Speaker 1: you have seen that over the years.
Speaker 2: Oh yeah, oh yeah, I've seen it many times. I
Speaker 2: remember walking down the street with you and there was
Speaker 2: what looked like a homeless guy walking towards us, and
Speaker 2: his like shoe was falling apart and it was flapping,
Speaker 2: and Bill reached and do his pocket pulled out this
Speaker 2: massive water cash with a rubber band around it. Took
Speaker 2: that rubber band off and he gave it to the
Speaker 2: homeless guid and said, here, wrap it around your shoe.
Speaker 2: Really sweet moment.
Speaker 1: Now, I also like, you know, hey, mister, do you
Speaker 1: have any change? You know? And I have a pocket full,
Speaker 1: so I'll jingle my change and go yes, I do,
Speaker 1: and then keep on walking. Also what occasionally I do?
Speaker 1: Now we and I have traveled, Neil, and this is
Speaker 1: where I do spend discretionary income, and I will traveling,
Speaker 1: I spend money on and I will occasionally go business
Speaker 1: class when I can upgrade. I have actually paid for it.
Speaker 1: And that killed me. That absolutely killed me. The only
Speaker 1: thing that made that worthwhile is you know how they
Speaker 1: load people in business class first, And this is on
Speaker 1: a trip to Europe, and they have those live flat beds.
Speaker 1: That was worthwhile only for as you load load up first,
Speaker 1: everybody else and coach goes past you. So I lay
Speaker 1: out the bed as they're passing me and go, hey,
Speaker 1: I'm going to sleep tonight. How about you?
Speaker 2: Pretty rough?
Speaker 1: Yeah?
Speaker 2: Yeah, the only problem is you cry yourself to sleep
Speaker 2: because how much you're paid for it.
Speaker 1: That's true, actually, But the point is there is this
Speaker 1: tight wad and it's people who have money. And I've saved,
Speaker 1: you know, I don't spend all my money. I spend
Speaker 1: way below my means, so I have a good, healthy retirement.
Speaker 1: And it's still I never will have enough retirement. It's
Speaker 1: not like I'll never have enough money, but I'll never
Speaker 1: have enough to be comfortable. And that is the scary part.
Speaker 1: And it's the thing. It is a psychological thing that
Speaker 1: psychologists have written over and over. A lot a lot
Speaker 1: of tit wads have experienced financial difficulties and they're going
Speaker 1: on that way. You talk to people who are maybe
Speaker 1: your par anybody who relative has lived through the depression.
Speaker 1: We're talking about great grandparents. Now, you'd be surprised how
Speaker 1: many of them will pay only cash for a vehicle.
Speaker 1: That's it. We'll never finance a vehicle because of what happened.
Speaker 1: They pay off their mortgages as quickly as they can, which,
Speaker 1: by the way, I did, and I really struggle to
Speaker 1: pay it off. I mean I really sweated to pay
Speaker 1: off my mortgage. Stupidest thing in the world you could do.
Speaker 1: By the way, makes no sense, especially when there's three
Speaker 1: percent money on a refine. Why because you know I'm
Speaker 1: kind of frightened of the future. What if? What if?
Speaker 1: What if? And so Neil. As always, I want to
Speaker 1: thank you for being my friend and always always reaching
Speaker 1: for the check. It's ever you're incredibly generous with me.
Speaker 2: Well, well, I don't mind you being cheap with other
Speaker 2: people as long as I benefit from it. It's the
Speaker 2: only thing that makes us relationship worth it.
Speaker 1: Oh, Cono, Have I ever taken you to a lunch? No? No, Amy,
Speaker 1: have I ever taken you to a meal? Once? Oh?
Speaker 1: Where was it? Where did I take you? Christina? Oh? Yeah?
Speaker 1: They because they went out of business. Yeah, because their
Speaker 1: prices were so low they couldn't afford to stay in business.
Speaker 1: So you offering to take me to Yeah you know
Speaker 1: what I had? Yeah, you shame me and do it.
Speaker 1: I gotta take you for a meal. Yeah, Wiener Schnitzel
Speaker 1: across that you know what, that's true. They have some
Speaker 1: of the best corn dogs, uh in the world at
Speaker 1: that Wiener Snitzle. You got it? Corn dogs on me? Yes?
Speaker 1: All right, Cono, Yes, cor we're gonna do it. We're
Speaker 1: gonna do it all right. Uh, I know when too.
Speaker 1: I'll tell you about it either during the break raft
Speaker 1: of the show, I'm gonna bring up my phone and calendar.
Speaker 1: Kf I am six forty live everywhere on the iHeartRadio app.
Speaker 1: You've been listening to the Bill Handle Show. Catch my
Speaker 1: show Monday through Friday, six am to nine am, and
Speaker 1: anytime on demand on the eye Heart Radio app.