Speaker 1: Well, it seemed like a good idea at the time.
Speaker 2: This later with mo Kelly k if I am six
Speaker 2: forty WeLive everywhere on the iHeartRadio app.
Speaker 3: It seemed like a good idea. When I got in
Speaker 3: my car, I turned on the GPS and I said,
Speaker 3: about an hour and twenty minutes my normal route to
Speaker 3: get to the studio.
Speaker 1: It seemed like a good idea, said, well, why don't
Speaker 1: I try a different route.
Speaker 3: Why don't I just go ahead and take my time,
Speaker 3: embrace the horror and maybe take surface streets. Usually I
Speaker 3: go to the one ten to the five to the
Speaker 3: one thirty four, and they said it was all bad,
Speaker 3: all bad, bad, bad, bad bad movie mount he So
Speaker 3: instead I just decided to drive north on Western take
Speaker 3: the surface streets. And I've done it many times, and
Speaker 3: usually it's like a one to one trade off, it's
Speaker 3: about the same amount of time.
Speaker 1: Not today, Not today.
Speaker 3: I should have trusted my instincts and just sucked it
Speaker 3: up and took the hour and twenty five minute commute
Speaker 3: that Google Maps was telling me on the freeways. Instead,
Speaker 3: I ended up with a two hour surface street drive.
Speaker 3: I was going up Western and then I noticed that
Speaker 3: and I think it's connected to standard time. There are
Speaker 3: far more people on the roads in the three thirty
Speaker 3: to four thirty hour now than a few weeks ago.
Speaker 3: There's just far more people. So it just made it
Speaker 3: a ridiculous drive. Motorcycles were zooming in and out. I
Speaker 3: was honking at people.
Speaker 2: I almost flipped off someone, and I thought, no, no, no, no, no, no, no,
Speaker 2: you can't do that. Yes, you can embrace the dark side.
Speaker 2: It's different when you're on a surface street. There's nowhere
Speaker 2: for you to go.
Speaker 3: That's when someone in traffic so bad, someone could get
Speaker 3: out the car and walk up to your car and
Speaker 3: shoot you, as opposed to on the freeway where you
Speaker 3: might be able to zig and zag and get away.
Speaker 2: I wouldn't have had that opportunity. I feel like you're
Speaker 2: moving in the right direction. Mo. You will embrace the
Speaker 2: mark runner away soon. No, I won't discuss better part
Speaker 2: of valor. But as I was going down Western.
Speaker 3: If you know Western, and you cross the other side
Speaker 3: of like First Street, you getting ready to get into
Speaker 3: the Hollywood area, you pick up the one on one freeway.
Speaker 3: As I was getting ready to get on the one
Speaker 3: on one freeway for this hour and twenty minute drive.
Speaker 3: Police had shut down the one oh one North. I
Speaker 3: could see it as I was getting ready to turn
Speaker 3: on because I don't know, maybe they were chasing someone.
Speaker 3: I think there was some chase on a one on
Speaker 3: one today and they shut down the one o one freeway,
Speaker 3: so they were precluding anyone from getting on the one
Speaker 3: on one at West. So I said shoot. No, I
Speaker 3: didn't say shoot, I said something much more vulgar. And
Speaker 3: then I got I said, got off the freeway entrance,
Speaker 3: and I said, let me just keep going up north
Speaker 3: on Western, and then I made a left onto Fountain,
Speaker 3: if you know that basic path, I'm weaving my way
Speaker 3: through Hollywood. And then it just came to a complete
Speaker 3: standstill because the people who were stuck on the freeway
Speaker 3: were being forced off the one freeway onto the surface
Speaker 3: streets right where I was, and the people who were
Speaker 3: going straight on on Fountain couldn't go any further because
Speaker 3: a lot of those people were trying to get back
Speaker 3: on the one on one freeway.
Speaker 1: It was a cluster truck high and low.
Speaker 2: Short version of this story is it took me two
Speaker 2: hours to go twenty two miles in southern California when
Speaker 2: I left, the sun was out. When I arrived, the
Speaker 2: sun was down. Stop fighting it feel the power?
Speaker 1: Fight what I look? I had given up. I was
Speaker 1: in my car.
Speaker 3: It's like, look, at least I had some good stuff
Speaker 3: to listen to. It had some relaxing music. I wasn't stressed.
Speaker 3: It was like, I can't do this every day. I
Speaker 3: just can't do two hours in the car one way
Speaker 3: every single day.
Speaker 2: Now.
Speaker 3: I know they were extenuating circumstances whenever. It was happening
Speaker 3: on the one oh one at four point thirty today,
Speaker 3: but it was one of those things where this for
Speaker 3: someone who drives every day, even for me, it was like, damn,
Speaker 3: this is a lot to deal with.
Speaker 1: A lot.
Speaker 2: For like four point three seconds, I considered getting on
Speaker 2: Metro going forward, but.
Speaker 3: It was like it was like gas. It passed shortly thereafter,
Speaker 3: and I was fine. After that, it was a fleeting thought.
Speaker 3: It didn't linger, and I said, well, well maybe the
Speaker 3: maybe the metro whip No.
Speaker 2: Never mind, no, no.
Speaker 1: So how was your commute? Mark?
Speaker 2: I was horrible, Well, it was pretty bad until I
Speaker 2: heard you describe yours.
Speaker 1: Okay, yours was bad as well.
Speaker 2: Oh yeah, it was terrible, but I'm picturing you like
Speaker 2: an elderly gunfire. Just unsheathing the gun from the holster,
Speaker 2: whipped that middle finger out and use it.
Speaker 1: No, it was one of those things.
Speaker 2: There was this Tesla who was driving erratically and dangerously,
Speaker 2: and Westerns only has two lanes going north, and it
Speaker 2: was one of those things where he was going to
Speaker 2: hit someone. More importantly, he might have hit me, and
Speaker 2: I didn't want to escalate, so I was trying to
Speaker 2: just get out of his way.
Speaker 1: When you see a crazy driver, just go, Just just go, because.
Speaker 3: There's no point in you messing up the rest of
Speaker 3: my day because you're not thinking.
Speaker 2: Sometimes you have to think for the other driver as well.
Speaker 2: I didn't even call it a defensive driver. I just
Speaker 2: call it like survival skills. Okay, well, I can tell
Speaker 2: you this as a rule of the road, and this
Speaker 2: is the authoritative rule here. If it's a Tesla cyber truck,
Speaker 2: you were actually required to give it the finger.
Speaker 1: No, it was just one of those sedans, it was.
Speaker 3: It was okay, well yeah, No, it was one of
Speaker 3: those things where I'm getting ready to install my dash
Speaker 3: cam in this car. It would have been perfect for today,
Speaker 3: perfect for today, but all I could do was just
Speaker 3: memorize the license plate if in the event, if further escalated.
Speaker 3: But I was thinking about you, Mark, I really was.
Speaker 3: I said, is this the time to let him have it?
Speaker 3: Is this the time you break glass? It's gonna feel
Speaker 3: so good when you finally do it. Just trust me, Well,
Speaker 3: I've done it before. I just haven't done any years.
Speaker 2: It's like, you know, something I did when I was much, much,
Speaker 2: much younger.
Speaker 1: It'll feel righteous.
Speaker 3: I remember some guy when I was driving the five
Speaker 3: north getting ready to get on the one thirty four,
Speaker 3: and I decided to keep on going north on on
Speaker 3: the five. This guy, I guess I did something to
Speaker 3: make him mad, or we made each other mad. This
Speaker 3: guy flipped me off and then quickly went over to
Speaker 3: the one thirty four. What's the word I'm looking for
Speaker 3: is off ramp? Not the off ramp, but just the
Speaker 3: interchange where you were you switch over to the one
Speaker 3: thirty four on the five, and then he made sure
Speaker 3: that he was on safely on the other side of
Speaker 3: that medium to flip me off.
Speaker 1: I was so mad. I was so mad.
Speaker 3: It's like with your batch ass, I just oooh oh,
Speaker 3: if you're.
Speaker 2: Gonna do that, at least make yourself available to me.
Speaker 2: At least be a man and deal with the consequences. Boy,
Speaker 2: were you planning to return the gesture or or were
Speaker 2: you ready to go the whole nine yard? Well?
Speaker 1: I was ready to escalate at that point.
Speaker 3: I was ready to escalate it, Like, how are you
Speaker 3: gonna flip me off when you know that you're safely away.
Speaker 2: See that's where I draw the line. You have to
Speaker 2: have some restraint. But the finger itself is a thing
Speaker 2: of beauty.
Speaker 1: Twala, I need you to pop your trunk on him,
Speaker 1: just one good time. Yeah, that's the trunk, not the trunk. Okay.
Speaker 4: So that was my comedian twiller real quick, How was yours?
Speaker 4: It was horrible all day. I was running errands and
Speaker 4: all I ran into was bumpers and tail lights, and
Speaker 4: it was horrible. On the streets of the what is
Speaker 4: this North Hills all the way through to the other
Speaker 4: side of the valley, it was horrible.
Speaker 1: I fell on the streets.
Speaker 3: I really believe traffic is going to be worse for
Speaker 3: the foreseeable future because people are leaving work earlier, because
Speaker 3: the sun is going down.
Speaker 1: It's almost like we're programmed.
Speaker 3: My workday is over or I want to be able
Speaker 3: to beat the sun home if at all possible, where
Speaker 3: you're not driving home in the dark.
Speaker 1: I think so.
Speaker 3: Yeah, because all of our communities got real bad today.
Speaker 3: We're coming from really different areas.
Speaker 2: But one of us has some sort of vested interest
Speaker 2: in big air taxi.
Speaker 1: Yeah, that's t Waala because he gets paid my just you.
Speaker 4: Know, I hate to have to be the reminder here,
Speaker 4: but that would save a lot of us a lot
Speaker 4: of trouble if we were all in air taxis, yes,
Speaker 4: or or self driving vehicles.
Speaker 2: That wouldn't save time. If we're in self driving, it
Speaker 2: will save the stress. You could do so much if
Speaker 2: you're in a self drive vehicle. Yeah, that's like riding metro.
Speaker 2: There's no one in the vehicle with you to mug you.
Speaker 2: Oh have you seen those self driving vehicles with the
Speaker 2: people stand in front of the car and harassed them,
Speaker 2: the riders and everything, and they've been drawing graffiti on
Speaker 2: the car and everything.
Speaker 1: Even you know what it is, you're bringing up stuff
Speaker 1: that's that's no.
Speaker 3: There was a woman in one of those self driving
Speaker 3: taxis and they had these guys who were sexually harassing her.
Speaker 3: So they stood in front of the car, so they
Speaker 3: knew the car was not going to hit them, and
Speaker 3: so they kept harassing her and they held it for
Speaker 3: like an extra twenty thirty minutes.
Speaker 1: It wasn't twenty thirty. Oh so you're familiar with the story.
Speaker 1: I am familiar story.
Speaker 2: But you didn't want to bring that up. You didn't
Speaker 2: give you that story to talk about on the air.
Speaker 2: Why is that toalla?
Speaker 4: Because that's not pertinent to the expansion of self driving technology.
Speaker 4: That's a one off. That's that's uh.
Speaker 1: You know.
Speaker 2: So tell me was her commute shorter or longer because
Speaker 2: of being in that taxi. We don't know where she
Speaker 2: was going. She might have just been heading to the
Speaker 2: that was in the bay or something like that. Let
Speaker 2: me shed some light on this situation for the two
Speaker 2: of you. I pulled this last night knowing that we
Speaker 2: were going to talk about this. I was pre cognitive
Speaker 2: on this subject. Study finds self driving waymos are more
Speaker 2: expensive than taxis, take twice as long to get to destination.
Speaker 2: Across fifty samples, the average human driven ride hail price
Speaker 2: was twenty eight to fourteen, while an identical ride with
Speaker 2: a Waimo robotaxi cost nine to fifty more. Sorry, Tuala,
Speaker 2: You're you're really backed the wrong horse on this one.
Speaker 4: Dude, Hey, there's nothing else to say.
Speaker 2: Hey, talk to her. Really puts paid to all of
Speaker 2: this too. Let's talk about some serious business. We've got
Speaker 2: to give you an update on the fire when we
Speaker 2: come back.
Speaker 5: You're listening to Later with Moe Kelly on Demand from
Speaker 5: KFI AM six forty.
Speaker 1: We have an ongoing discussion.
Speaker 2: We talk about what may be happening around the country
Speaker 2: as it relates to natural disasters. Where we had the
Speaker 2: hurricanes in the southeast in previous weeks, and people were
Speaker 2: talking about, like Twala was talking about the swarms of
Speaker 2: earthquakes we were having, and I said, I would rather
Speaker 2: be in California because the earthquakes largely largely don't create
Speaker 2: any damage or destruction, and no one is dying from
Speaker 2: the earthquakes, I think I said back then, Yes, in fact,
Speaker 2: I remember I said that the better correlation is fires.
Speaker 2: Here in California, we have to deal with fires every year.
Speaker 2: They are seasonal in the way that tornadoes, in the
Speaker 2: way that hurricanes are seasonal in other portions of the country.
Speaker 2: But fires are something which have been doing far more
Speaker 2: damage in California than anything else, and this Ventura County
Speaker 2: fire is a perfect example. Unfortunately, and I mean that unfortunately.
Speaker 3: Oftentimes we may have fires and they don't necessarily lead
Speaker 3: to destruction of home, bombs or changing people's lives, but
Speaker 3: this is a little bit different. We've had the Santa
Speaker 3: Ana wins and they have helped this fire expand to
Speaker 3: over twenty thousand acres in just the past day. It's
Speaker 3: destroyed homes, we've had massive evacuations, and it has remained
Speaker 3: out of control. It's not close to being under control.
Speaker 3: In fact, Governor Gavin Newsom you might have heard by now,
Speaker 3: has called has declared a state of emergency regarding this fire.
Speaker 3: If you were listening to KFI earlier, we had an
Speaker 3: update on the number of structures and the degree of
Speaker 3: destruction thus far. And when I was talking about the
Speaker 3: state of emergency, it was specifically in relation to the
Speaker 3: Ventory County fire because firefighters were struggling to gain any
Speaker 3: advantage on that mountain fires it's also called and it's
Speaker 3: destroyed an undetermined number of homes since starting near the
Speaker 3: town of Cama Rill just affecting Chemo Real, but also
Speaker 3: more park and other surrounding areas. The National Weather Service
Speaker 3: has issued red flag warnings for Ventura and Los Angeles Counties,
Speaker 3: and it's going to remain in effect at least through
Speaker 3: Friday morning. Yesterday, we were under the impression that they
Speaker 3: were going to remain in effect just through today in
Speaker 3: the afternoon, but they've now been extended into Friday morning.
Speaker 3: And I was watching I think it was ABC earlier today,
Speaker 3: ABC seven, and you could see the aerial footage of
Speaker 3: the destroyed homes, and you get a better sense of
Speaker 3: the degree of destruction and the path of it, and
Speaker 3: how large it is and how it's almost it's hard
Speaker 3: to describe how quickly people's lives have been changed by
Speaker 3: this fire. It's hard to describe the degree of how
Speaker 3: quickly it has spread and how it's firefighters have struggle
Speaker 3: to get any type of control of it, and it's
Speaker 3: not like it's going to change in the next day
Speaker 3: or so. My question is whether we will get a
Speaker 3: break from any of the winds. If we can get
Speaker 3: a break from the wind which would slow it from spreading,
Speaker 3: then that would help firefighters. Of Course, I'm always pulling
Speaker 3: for people, and I'm pulling for the firefighters but there
Speaker 3: are things that are working against them in this situation.
Speaker 3: And as I always say, if you get an evacuation order,
Speaker 3: do not wait, do not see if you have to evacuate.
Speaker 3: Sometimes they're voluntary and sometimes they're mandatory.
Speaker 1: Don't wait for the voluntary to become mandatory.
Speaker 3: You have to trust that you have to use the
Speaker 3: time which is available to you to make sure that
Speaker 3: you are safe, your family members are safe, your pets
Speaker 3: are safe. Unless something else is extenuating and you don't
Speaker 3: have that opportunity to leave, immediately, leave as soon as
Speaker 3: you can. If you get the sense that it might
Speaker 3: be moving in your direction, do not wait. And that
Speaker 3: goes back to the winds. Because of the winds, it
Speaker 3: is so very unpredictable where this fire may lead. It's
Speaker 3: unpredictable as far as how quickly it's going to continue
Speaker 3: to spread.
Speaker 1: And let me just come to you, Mark Ronnerd just
Speaker 1: very quickly.
Speaker 3: Is there any new information that you have received in
Speaker 3: the past half hour.
Speaker 2: No, but we're going to be hearing live from Chris
Speaker 2: Adler at the bottom of the hour very since.
Speaker 1: There we go.
Speaker 3: Okay, so Chris Adler will be updating everyone in just
Speaker 3: a moment, and beyond the structures which have been burned,
Speaker 3: a number of people have been taken to hospitals. They've
Speaker 3: been treated for smoke inhalation, and some victims became trapped
Speaker 3: in their cars because they were racing from fast moving flames.
Speaker 3: In other words, people were trying to get out and
Speaker 3: then we're trapped by the flames, trapped by the smoke,
Speaker 3: and then had to be taken to the hospital.
Speaker 1: So this is something that is very very serious.
Speaker 3: It's very very dangerous, and you can find yourself in
Speaker 3: a predicament where you will not be able to save yourself.
Speaker 3: So if the fire is anywhere near where you might live,
Speaker 3: this is the time where you have to act in
Speaker 3: advance and protect yourself and protect your family before it
Speaker 3: becomes too late. And as Mark Runner said, we'll have
Speaker 3: an update in just a moment from Chris Adler. It's
Speaker 3: Later with mo Kelly I AM six forty. We're live
Speaker 3: everywhere in the iHeartRadio app.
Speaker 5: You're listening to Later with Moe Kelly on demand from
Speaker 5: KFI AM six forty.
Speaker 3: And I got to tell you California voters, they are
Speaker 3: funny to me. They are hilarious to me. They talk
Speaker 3: out of one side of their mouth, and then they
Speaker 3: turn around and talk out the other side.
Speaker 2: Here's what I mean. And I know Mark Runner is
Speaker 2: going to get a kick out of this. The La
Speaker 2: County Board of Supervisors, when they're not buying two hundred
Speaker 2: million dollar buildings, they approved lower annual rent increases for
Speaker 2: many ten and unincorporated areas. If you're in an unincorporated area,
Speaker 2: you're not You're not the City of La, You're just
Speaker 2: the County of La. Like I'm in an unincorporated area.
Speaker 2: If I call the police, the county sheriff, LA County
Speaker 2: Sheriff comes, not LAPD. We don't get to vote for mayor.
Speaker 2: These are areas without their own police department, areas without
Speaker 2: their own city council. Little areas like Harbor City or
Speaker 2: you know, they're no guardians. Seratone city have their own
Speaker 2: police department, but unincorporated they don't have any of those things.
Speaker 2: So you're governed by the county in most instances. And
Speaker 2: when it comes to services, what they're going to do is,
Speaker 2: beginning next year, rent increases will be limited for units
Speaker 2: already under rent control. The sixty percent of the annual
Speaker 2: change in the consumer price index. Put another way, the
Speaker 2: consumer price index rises about three percent, so your rent
Speaker 2: can only be raised about sixty percent of that, maybe
Speaker 2: like one point eight percent. Now, if you think about that,
Speaker 2: that is less than the annual rate of inflation, which
Speaker 2: is about two point four percent. I know it's going
Speaker 2: to get complicated, but hear me out, Mark, what is
Speaker 2: the biggest expense for just about everyone?
Speaker 1: I thought you're going to give me a math problem
Speaker 1: there for a second. No, No, not at all. Oh,
Speaker 1: the biggest expense for most people is their rent? All right?
Speaker 3: If your rent can be raised some two percent every
Speaker 3: year and the annual rate of inflation is around two
Speaker 3: to five percent each year, wouldn't it stand the reason
Speaker 3: that since rent is your highest cost, that it would
Speaker 3: be your greatest priority to be able to keep under control,
Speaker 3: not eggs and milk.
Speaker 2: Well, I told you yesterday that I hate story problems,
Speaker 2: but I think I get where you're going with.
Speaker 1: Can you see where I'm moving this? Yeah?
Speaker 2: If you were concerned about how everything costs so much,
Speaker 2: and the largest expenditure you have every single month that
Speaker 2: is going to go up regardless every single year, is rent,
Speaker 2: wouldn't it behoove you behoove, would it behoove you yes,
Speaker 2: to do everything you can to limit the increase of
Speaker 2: that expenditure. Right, one might think, okay, So if you
Speaker 2: are a voter, going back to voters talking out of
Speaker 2: both sides of the mouths, and I'm talking about this
Speaker 2: very slowly because I need you to get this. If you,
Speaker 2: as a voter went to the polls on Tuesday and
Speaker 2: you were concerned about the economy, and you were concerned
Speaker 2: about the cost of eggs and milk, because we heard
Speaker 2: that everywhere eggs and milk, eggs and milk. I can't
Speaker 2: believe it costs five dollars for a carton of eggs.
Speaker 2: I can't believe it costs seven dollars for a carton
Speaker 2: of milk. And you voted because you were worried about that,
Speaker 2: and you did nothing to help control your rent.
Speaker 1: Your largest expenditure.
Speaker 2: As a percentage of your expenses every single month, and
Speaker 2: it can be raised annually.
Speaker 1: You don't see the disconnect there.
Speaker 2: Well, since here, since you're using old school like grade
Speaker 2: school teacher talk with Behoove, if you don't do something
Speaker 2: that behooves you, will you rue the day. I don't
Speaker 2: know if you're on my side or not man either. Honestly,
Speaker 2: just keep going. No, it's very very simple. We're supposedly
Speaker 2: supposedly concerned about the account.
Speaker 3: We're concerned about how much things cost. And you had
Speaker 3: the opportunity. You had the third opportunity, I don't know,
Speaker 3: maybe ten years or so, to at least do something
Speaker 3: to limit the amount that your rent can be raised
Speaker 3: on you in a given year.
Speaker 1: And you did nothing. You voted it down again.
Speaker 2: But you're still complaining about inflation, don't you know? Rent
Speaker 2: is also a function of inflation, the cost of living, the.
Speaker 1: Cost of housing.
Speaker 2: Listen, if you want to have real talk about this,
Speaker 2: and I'm kind of reluctant to, but you got to
Speaker 2: bear in mind that we've just been having months of
Speaker 2: historic low unemployment. Stock markets have been breaking records right
Speaker 2: and left. Inflation has been getting down toward two percent.
Speaker 1: Which is nothing in the grand scheme of things.
Speaker 2: And people still thought that the economy was terrible when
Speaker 2: and everybody from most credible economists to the Economist magazine
Speaker 2: said the United States has been having the world's greatest
Speaker 2: economy with the world's strongest bounce back from COVID. So
Speaker 2: what do you.
Speaker 1: Make of that.
Speaker 3: Insanity, if only because the numbers are the numbers.
Speaker 2: And I understand, and I said this with Tim Conway Junior.
Speaker 2: For most people, most Americans, the economy in people's minds,
Speaker 2: is a local issue. In other words, if I personally
Speaker 2: don't have a job, the economy is horrible. That's not
Speaker 2: the definition of an economy, but that's how many people
Speaker 2: may view it. If I have to pay more money
Speaker 2: for eggs and milk, in my mind, that's the economy.
Speaker 2: In other words, the individual's mind.
Speaker 3: That's not an economic indicator of the health of the
Speaker 3: nation's economy. But many times people perceive the economy in
Speaker 3: those very micro personal terms, and unfortunately it's not true.
Speaker 3: And then you find people acting and voting in a
Speaker 3: way counter to their own interests. If the economy was
Speaker 3: your number one issue on Tuesday, then how in the
Speaker 3: world can you justify legitimately say that not doing something
Speaker 3: to help control the rent, which is the largest expenditure
Speaker 3: for just about everyone who is not in a mortgage.
Speaker 3: How can you say I'm worried about eggs and milk
Speaker 3: but not my rent.
Speaker 1: How can you.
Speaker 2: Fix your lips to say that, hey, you know what
Speaker 2: the economy's bad, But you know what, just go ahead
Speaker 2: and f me over and raise my rent as much
Speaker 2: as you want. I think a lot of people really
Speaker 2: didn't understand well. And let's be honest, we've also been
Speaker 2: hit fire hosed with disinformation about the economy. I had
Speaker 2: a friend of mine from grade school on Facebook post yesterday, Man,
Speaker 2: this air outside just smells more affordable today, and so
Speaker 2: of course I promptly posted an article from CBS News
Speaker 2: that said Trump's win could lead companies to push up prices,
Speaker 2: which is what economists are saying. I don't know if
Speaker 2: people know that because of how well the stock market
Speaker 2: has been doing all time high. That means the large
Speaker 2: majority of Americans who do have a job. We point
Speaker 2: to the unemployment numbers, they are what they are. The
Speaker 2: large majority of Americans who do have a job have
Speaker 2: some sort of investment account like a three fifty seven
Speaker 2: or a four to h one K, and they do
Speaker 2: as well as a function of how the stock market
Speaker 2: is doing. And if you wanted to look at your
Speaker 2: portfolio in January of twenty twenty one and compare it
Speaker 2: to now, well, the math is the math. And I'm
Speaker 2: not trying to talk about this in the political sense.
Speaker 2: I'm only talking about economics. Yeah, some things are either
Speaker 2: true or not regardless of where you stand on the
Speaker 2: politics spectrum. And that's why I study this stuff so much,
Speaker 2: because I don't have any formal college schooling in economics.
Speaker 2: So I read as many vibes as I can. No, no, no,
Speaker 2: I do, so you know exactly what I'm saying. And
Speaker 2: so when all the experts are saying something, but people
Speaker 2: are trying to tell you that vibes or this, and that,
Speaker 2: you know who to listen to. You listen to people
Speaker 2: who live and die by their bottom line, like change
Speaker 2: it to a different subject like climate change. I don't
Speaker 2: care what you believe or who you listen to. Look
Speaker 2: at people like the Pentagon and insurance actuaries. They can't
Speaker 2: afford to screw around. They don't care what radio pundits say.
Speaker 2: They care what people who are experts who have spent
Speaker 2: their lives gaining expertise in these subjects say. They don't
Speaker 2: screw around, and the same with economics. All I know
Speaker 2: is my four oh one k has done wonderfully over
Speaker 2: the past four years, and it has outpaced the cost
Speaker 2: of eggs and milk and if you are concerned about
Speaker 2: your grocery prices and not concern about the cost of
Speaker 2: living as far as your abode, your home, I don't
Speaker 2: know what to tell you. It's hard for me to
Speaker 2: take you seriously.
Speaker 3: If because the overwhelming majority of people are renters in California,
Speaker 3: why because the cost of living is so damn high,
Speaker 3: so damn high. And if you are living paycheck to paycheck,
Speaker 3: what sixty percent of people are you beat me to it.
Speaker 3: I'm sorry, no step on your back.
Speaker 2: No no, no, you.
Speaker 1: Didn't step on it.
Speaker 3: But I'm saying you knew exactly where I'm going with this.
Speaker 3: And if you're living paycheck to paycheck, and you know
Speaker 3: that rent is going to be your highest cost every
Speaker 3: single month, and we can talk about it should only
Speaker 3: be like thirty percent of your net income whatever.
Speaker 1: Most people can't do that.
Speaker 3: Most people don't have that luxury because they're paying more
Speaker 3: than three thousand dollars a month on average. Because we
Speaker 3: talked about it, just to live in California. But if
Speaker 3: you're more concerned about eggs and milk than you are
Speaker 3: about that three thousand dollars a month rent, which is
Speaker 3: going to go up as we talked about before eight
Speaker 3: to nine percent basic math here.
Speaker 1: Every single year, eggs are.
Speaker 3: Not, milk is not, but rent can Why because we
Speaker 3: keep voting down rent control.
Speaker 1: You don't see the.
Speaker 2: Problem with that, California. I can't help you help yourself.
Speaker 3: I can't want you to do better for yourself more
Speaker 3: so than you wanted to do better for yourself. If
Speaker 3: you're going to complain about eggs and milk and not
Speaker 3: do anything about the rent, well, you're on your own.
Speaker 2: You might be eating them outside. It's Later with Moe
Speaker 2: Kelly CAFI AM six forty. We're live everywhere in the
Speaker 2: iHeartRadio app.
Speaker 5: You're listening to Later with Moe Kelly on demand from
Speaker 5: KFI AM six forty.
Speaker 2: The fourteenth annual CAFI Pastathon is coming up, and it's
Speaker 2: coming up fast. On December third. You can come by
Speaker 2: the Anaheim White House on Giving Tuesday and see the
Speaker 2: live broadcast. You can donate on site and drop off
Speaker 2: pasta or sauce.
Speaker 1: You know how we do it.
Speaker 2: We do it every single year, but this year we're
Speaker 2: celebrating a significant milestone. Ten million meals served to disadvantage youth,
Speaker 2: all courtesy of Chef Bruno and your generosity has been
Speaker 2: instrumental in reaching this goal, and we're so grateful for
Speaker 2: your continued commitment. And even if you can't attend, I
Speaker 2: know it's sometimes difficult on a workday, middle of the
Speaker 2: week to get all the way down to Anaheim to
Speaker 2: see either Wake Up Call or Gary and Shannon or
Speaker 2: Johnny Kin or Bill Handle or Tim Conway Junior Show,
Speaker 2: or even later with Mokelly. I know it's a long drive.
Speaker 2: We're talking about our commute into work tonight. It can
Speaker 2: be real difficult.
Speaker 3: So if you can't attend, you can always participate in
Speaker 3: other ways. You can spread the word to friends, family, colleagues.
Speaker 3: You can check out the fantastic auction items on their
Speaker 3: website Anaheim white House dot com, and more importantly, starting
Speaker 3: November twentieth, you can donate in store at checkout at
Speaker 3: all I Set, All Smart and Final stores in California, Nevada,
Speaker 3: and Arizona. All you got to do is just tell
Speaker 3: the cashier you want to donate to the Cafi pasta
Speaker 3: thought or you know, you can round up your purchase
Speaker 3: to an even number to donate as well. And also
Speaker 3: on November twentieth, Wendy's Restaurants in southern California will be
Speaker 3: offering coupon books for a donation to Katerina's Club in
Speaker 3: store and at the drive through. It's really really simple.
Speaker 2: Just find yourself a Wendy's, find yourself a Smart and
Speaker 2: Final and you can go from there. So let's all
Speaker 2: get ready for kfi's fourteen annual pasta Thon and you
Speaker 2: forget any of this information.
Speaker 3: I know I gave you a lot. You can just
Speaker 3: go to pasta Thon dot com.
Speaker 1: Can't be more simple than that.
Speaker 2: Now, looking forward to it, December third, had a great
Speaker 2: time last year.
Speaker 1: Mark Ronner came out the drive down there was quite
Speaker 1: an adventure, wasn't it.
Speaker 3: Oh, it's always an adventure at that time of day.
Speaker 3: Since we're on at seven o'clock.
Speaker 6: Let's say I'm leaving the house at four thirty five am.
Speaker 6: You're not wrong, you're not wrong, but it is always
Speaker 6: an adventure to get well, it's even worse for you
Speaker 6: and Tuala because you're coming from north of downtown trying
Speaker 6: to get down there.
Speaker 1: That's that's oo.
Speaker 2: I thought i'd take some side streets and uh, I'm
Speaker 2: happy to be here alive today. Well, look, I took
Speaker 2: some side streets as I got closer to Anaheim last year,
Speaker 2: I do remember, and it was it was, it was.
Speaker 1: It was real difficult.
Speaker 3: But but I know that the people who will be
Speaker 3: coming on December third, they love KFI. They usually show
Speaker 3: up every single year, and I don't want to disappoint them.
Speaker 3: So I make it a point to leave very early
Speaker 3: so I can get out there and see all of you.
Speaker 2: Let's sleep in the parking lot this year. No, that's okay.
Speaker 2: I'll get a hotel. It's like the Airs Hotel, like
Speaker 2: right across the street.
Speaker 1: I see.
Speaker 2: Well, they call it being bougie. You're making that host money.
Speaker 1: No, no, no, no, I'll just like do a barter
Speaker 1: and trade.
Speaker 2: I'll just say, hey, you know caf I, Well, you know,
Speaker 2: we'll give you some shout outs of the air. Oh okay,
Speaker 2: I didn't know we could do that. I guess I'm
Speaker 2: going to start doing that everywhere. I need you to
Speaker 2: explain to him. When you have a problem, especially when
Speaker 2: you come from the music industry, you just make it happen.
Speaker 1: You do make it happen. Boy.
Speaker 2: Radio ethics are so much different than unethical. I'm just
Speaker 2: saying you have to put that much more energy and
Speaker 2: thought and creativity into it. Okay, everything is above board,
Speaker 2: good sir. Yeah, this is you is talking about No no.
Speaker 1: No, no, no, no, you can barter.
Speaker 3: Look Whitney's bartered with us for the Halloween party.
Speaker 1: Okay. Well I was the beneficiary of some of that. Yeah,
Speaker 1: it's a donation.
Speaker 2: Judging by how tight my pants are this week. I'm
Speaker 2: not speaking for any particular hotel. I'm just saying, if
Speaker 2: it came down to it, that's what.
Speaker 1: I would do.
Speaker 2: Okay, Yeah, I think we should have later with Mo
Speaker 2: Kelly r V or like a tour bus for me.
Speaker 1: Yeah, but none of us.
Speaker 2: I don't know, me, me, me, me me, hmm. Boy,
Speaker 2: I'd hate to have been on the Titanic with you
Speaker 2: when it crashed, you and the life boats.
Speaker 1: No, no, no, no, that's that's different.
Speaker 2: When we're when we're talking about comfort, it's I'm a
Speaker 2: me first type person. When we're talking about life and death,
Speaker 2: it's women and children first. Oh well, sure, I guess
Speaker 2: we'll find out, won't Well, we're gonna be on the
Speaker 2: Titanic anytime soon. Well, we're gonna go on one of
Speaker 2: those little submersibles and get imploded. You never know what's
Speaker 2: gonna happen. Just go off your sauce and let's be
Speaker 2: done with it. It's just so spec drop some sauce.
Speaker 2: Oh but oh, let me say this.
Speaker 3: If you missed any of those pearls of wisdom last segment,
Speaker 3: any of those nuggets, and you didn't quite get it,
Speaker 3: you need to go back and get it. And I
Speaker 3: highly recommend that you listen to the podcast that to
Speaker 3: Walla Sharp carefully assembles every single night, because we were
Speaker 3: giving a lot of math, a lot of statistics, and
Speaker 3: you know, there were a lot of scenarios you may
Speaker 3: not have just understood at just the first time I
Speaker 3: said it, and it may have been a little convoluted,
Speaker 3: But go back and get that from the podcast, because
Speaker 3: I know if I were to put to a vote,
Speaker 3: can we limit the price of eggs and milk, probably
Speaker 3: all the hands will go up. It's the exact same
Speaker 3: damn thing, except we would be doing it with people's
Speaker 3: largest expenditure every single month. Eggs and milk are not
Speaker 3: going to go up eight percent per year. Even in
Speaker 3: the worst inflation, it was only what four percent?
Speaker 1: Was was it?
Speaker 2: Mark? I think it was like four percent? I don't
Speaker 2: know it might have been higher than that, but let's
Speaker 2: say was six. Let's say was seven. It wasn't, but
Speaker 2: let's say it was. Okay, your rent is going to
Speaker 2: go up at least eight or nine percent. I still
Speaker 2: have trouble convincing some of my friends that the high
Speaker 2: prices for groceries were the result of price gouging, no
Speaker 2: matter how many articles I send them with the corporations
Speaker 2: admitting to price gouging, get out of my Instagram.
Speaker 3: I was dueling with someone today who was convinced that
Speaker 3: I didn't know what I was talking about and clueless,
Speaker 3: and I said, look, read this is Kroger executive. He
Speaker 3: is admitting that their company was price gouging. I was like,
Speaker 3: what is it you want?
Speaker 2: Yeah? I mean, what do I have to gain from
Speaker 2: telling you something that's not true about this? The evidence
Speaker 2: is right here. What do you have to gain from
Speaker 2: not believing it? Well, here there's this. Some people don't
Speaker 2: want to believe be because then it deconstructs their worldview.
Speaker 1: I'm only passing on this information because.
Speaker 3: I want to help you. I would rather you have
Speaker 3: lower rent. I'm not a politician. I'm not asking for money.
Speaker 3: I don't get anything out of this. I'm just saying
Speaker 3: it's good economic and good business sense if you spend
Speaker 3: less money or you limit how much your cost of
Speaker 3: living will increase from year to year.
Speaker 1: What is so bad about that? You know?
Speaker 3: And I'm speaking to the same people who are upset
Speaker 3: about eggs and milk, but not the rent. Eggs and
Speaker 3: milk and gas. I forgot eggs, milk and gas. Oh yeah,
Speaker 3: I think we'll go to break now.
Speaker 2: Maybe we should k if I am six forty We're
Speaker 2: live everywhere in the iHeartRadio app.
Speaker 1: Nothing gets past us. Sweet are on it.
Speaker 2: And the KOSTHD two Los Angeles, Orange County
Speaker 1: Live everywhere on the radio.