Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
It's KMF I am six forty and you're listening to
the Conway Show on demand on the iHeartRadio app. It
is the Conway Show. It's a little bit after six o'clock.
We had Todd Spitzer on before. He's the DA in
(00:21):
Orange County, and yeah, there's a judge that's going to
go looking at forty years in prison. Forty years in
prison for killing his wife, killing his wife, and you know,
Orange County. I've always said it not a hang for crime.
(00:42):
They stepped you quick, real quick in Orange County. Not
so much in LA. But Orange County, man, they move
on you quick. So Ferguson, I think is the chap's
name right, going to prison for maybe forty plus years.
He's seventy four, so he probably won't get, you know,
forty years by Jeffrey Ferguson, seventy four, killed his wife
(01:04):
who's sixty five, Sheryl Ferguson, in their Anaheim Hills home.
And the Orange Orange County District attorney who was on
with us. Then the first trial they had eleven of
the twelve jurors I look at the evidence and decide
that he was guilty. So there was a hung jury.
(01:25):
And then the second time, around twelve out of twelve said,
now that guy did it. So twenty three of the
twenty four jurors in those two trials said the guy
did it, so evidently he did it, you know, and
now he's looking at forty years in prison. Much easier
just to leave gang, you know, get a U haul,
(01:47):
deal with the consequences, mixing up the money, spreading it out,
much much easier, because if you go the alternate route,
that's it. That's a wrap on you, and that's a
rap this guy. All right, we have jewelry thieves. Another
reason to be careful while you're out there. We have
the twenty dollars scam. Now we have jewelry thieves robbing
(02:09):
elderly people in the San Fernando Valley. How disgraceful.
Speaker 2 (02:15):
From streets to parking lots to bus stops.
Speaker 3 (02:18):
This is a big problem. It is a very well
organized group.
Speaker 2 (02:21):
It newly released surveillance video the LAPD is warning the
Los Angeles area today of an organized group of thieves
targeting seniors and distracting them long enough to steal their
jewelry in broad daylight, often replacing items with fake jewelry.
Like these gold chains police were able to uncover.
Speaker 3 (02:39):
Yeah, here's how they do it.
Speaker 1 (02:40):
They buy cheap gold chains at the dollars store and
then these you know, young women come up and say,
you know, I got this chain. I think you're a
nice old man. Let me put it on your neck.
And as they put it on his neck, they undo
his chain and take his chain and leave him with
the new chain. Would think, I think you would know that,
(03:02):
you know, you get the feeling for what's going on.
But some older people they're just not equipped to handle
that kind of you know, action and that kind of
you know, busyness in their life.
Speaker 4 (03:15):
Mainly, what they have been doing is they'll approach elderly victims.
Speaker 3 (03:19):
All right, here we go. They approach the elderly.
Speaker 4 (03:21):
They're either walking their dogs, they're in front of their
home doing their yard. They come up very friendly and
they strike a conversation. Hey, any directions, you know, it
just spends how the conversation.
Speaker 3 (03:31):
Goes right, and nobody needs directions anymore.
Speaker 1 (03:34):
If somebody says they need directions, they're from nineteen seventy eight.
They've woken up from a koma nineteen seventy eight. There
are no Thomas guides out there. Nobody needs directions anymore.
Everybody's got it on their cell phone.
Speaker 4 (03:47):
If the victim goes right to the vehicle, it's within
seconds that they do the exchange, and the victims never
feel it.
Speaker 5 (03:53):
Here.
Speaker 1 (03:54):
Yeah, and then the elderly guy gets the shuffle off
the buffalo, his chain is gone, and the woman's going
on with his chain and they sell it and he's
out sentimental chain or valuable chain.
Speaker 2 (04:06):
Here you can see the thieves in action, wearing a
T shirt and skirt. A woman approaches a senior, strikes
up a conversation, puts her hands around his neck, and
before you know it is fleeing.
Speaker 1 (04:17):
There he goes. You know, it's one of the reasons
I don't. I used to wear an S chain. I
used to be big in the when I was dancing
at clubs. I used to wear a big S chain,
and I got rid of it because, you know, I
just it was too flashy.
Speaker 3 (04:31):
Yeah.
Speaker 1 (04:32):
So I actually had my wife gave me a gift
for our last anniversary. She extended it. You know, it
was just like a It wasn't a choker, but it
was like a nice chain and had a puka shell
right in the middle, it's pretty hot.
Speaker 3 (04:45):
Just one pukash shell.
Speaker 1 (04:46):
Yeah, just one that's hot. And it was all gold
with one puckashell. And so she went to the jeweler.
Our jeweler. You know, we have a jeweler. What's wrong
with you know, the guy get for a jeweler, crouch,
you know, the guy can afford jewel I think you
can afford.
Speaker 3 (05:00):
Yeah, well I got one. How about that?
Speaker 1 (05:02):
And our Pakoima jeweler said he can extend it. And
I made it into a waist chain. So now it's yeah,
it's around my tennis chain. It's not round my waist
now so that people can't get to it.
Speaker 3 (05:16):
Is it connected anywhere? Is it just to itself just
a loose waist chain. It's connected. You know it's connect
You've seen it.
Speaker 5 (05:24):
You know.
Speaker 1 (05:26):
It's got a little tennis racket on it, which makes
it hot, a little gold tennis racket. So I got
a chain on. I just don't wear around my neck.
I wear around my waist and I got to take
it off every once in a while and clean it.
Speaker 3 (05:38):
It's tight. You know, it's tight.
Speaker 1 (05:41):
Well when you you know, in the summer, when you
gain weight, it gets you.
Speaker 3 (05:46):
Get the line. When you have.
Speaker 1 (05:48):
You noticed that when you put on shorts sometimes in
the summer they have elastic in the in the waistband.
That's because everyone eats their self to death in the summer.
You know where you go out out for brunch and
you eat all day, you drink all day to.
Speaker 3 (06:02):
Get out the waist chain. Yeah, and then that's why
you've elastic on your pant on your shorts. But I
always put some links in that waste Chaine.
Speaker 1 (06:13):
I'm thinking about selling it and just getting an anklet,
you know.
Speaker 3 (06:18):
I don't know. I'm so confused. I'm confused with my
jewelry decisions. I don't know what to do. Well, that's
why you got a jeweler. Yeah, that's right with those decision,
my Paquema jeweler.
Speaker 2 (06:28):
Police describe the thieves as Eastern European with accents.
Speaker 3 (06:31):
It's got a It's it's a day, It's what is it?
Speaker 1 (06:35):
David's jeweler and his slogan is every divorce begins with d.
Speaker 3 (06:44):
Odd odd Guy.
Speaker 2 (06:46):
Police describe the thieves as Eastern European with accents, driving
black or white SUV's. Earlier this year, police arrested this
pair for similar distraction thefts in Irvine and.
Speaker 1 (06:56):
La distraction theft, so they're calling it out distraction theft.
Speaker 2 (07:02):
Earlier this year police arrested this pair for similar distraction
thefts in Irvine.
Speaker 5 (07:06):
In La.
Speaker 3 (07:07):
You hear that bellio Irvine.
Speaker 1 (07:08):
They could take your waist chain or you know, your
skis they could better not John skis.
Speaker 6 (07:14):
Better or not?
Speaker 3 (07:15):
Or your skis well, step to you quick, that's right.
Speaker 2 (07:18):
Police warned. They are becoming increasingly violent.
Speaker 4 (07:21):
And she grabbed her neck very forcefully while taking the
chain up and putting the other one on. So yes,
they are getting violent.
Speaker 2 (07:29):
As of this morning, there have been one hundred and
forty reports of jewelry theft cases.
Speaker 3 (07:33):
What in the valley.
Speaker 2 (07:36):
As of this morning, there have been one hundred and
forty reports of jewelry theft cases.
Speaker 1 (07:40):
Okay, that means there's nine hundred and forty because ninety
percent of the people never would report that if I
had if somebody took my waist chain, I would never
go to the cops. I wouldn't go to the North
Hollywood Police station and go, hey, somebody stole my waist chain.
Speaker 3 (07:55):
I'd be too embarrassed that I had a wate chain.
Speaker 2 (07:58):
And while eighty six of those have been in the valley.
Speaker 5 (08:01):
Although we've identified multiple instants in the San Fernando Valley,
this issue is definitely not confined to the valley.
Speaker 1 (08:08):
Yeah, valley valley has become like a real, real lousy place.
Speaker 3 (08:13):
You know, it was clean when I was growing up.
Speaker 1 (08:15):
People behave lots of families, and now it's just one
guy ripping off old people all the time.
Speaker 3 (08:22):
That's what I should name it, the.
Speaker 1 (08:24):
Valley of of of sticking it to the to the elderly.
Speaker 2 (08:28):
With summer around the corner and jewelry just being more exposed,
police are asking the community to help bring these crimes down.
Speaker 1 (08:35):
Now, I wouldn't wear any jewelry. That's also an alternative,
you know, just don't wear your your waist chain or
your your anklets, or your puka shells or you know,
your dream catchers, whatever you got going your brooches, don't
wear them.
Speaker 3 (08:50):
You know, don't wear that stuff. You're asking for it.
Speaker 7 (08:53):
We tell our kids don't talk to strangers.
Speaker 1 (08:57):
She says that, like she came up with that.
Speaker 3 (09:00):
That's amazing, God almighty, that's great. So what was that.
Speaker 7 (09:05):
We tell our kids don't talk to strangers?
Speaker 1 (09:08):
That's been around for ten million years and you said
it like you came up with it.
Speaker 7 (09:13):
God, we tell our kids don't talk to strangers.
Speaker 1 (09:17):
All right, well three D house of obvious comments with
the kids, God, Almighty, is that advice flat?
Speaker 3 (09:26):
We tell?
Speaker 1 (09:26):
We also tell them if you play with matches, you
can burn yourself.
Speaker 3 (09:31):
Did I mention that? Yeah?
Speaker 4 (09:33):
We have to tell our parents or elderly parents, don't
talk to strangers.
Speaker 7 (09:36):
They're up to no good.
Speaker 8 (09:37):
Yeah.
Speaker 3 (09:37):
Yeah, don't talk to strangers, they're up to no good.
I like that slogan.
Speaker 7 (09:41):
Don't talk to strangers, they're up to no good.
Speaker 9 (09:43):
Yeah.
Speaker 2 (09:43):
Police are really encouraging people to talk to the elderly,
the elderly people in their lives, making sure they know
to be aware of their surroundings, not talk to strangers,
and if they do become victims, not to touch anything
that's put on them so that police can collect evidence.
Speaker 5 (09:59):
For now, the reporting I've been Mission Hills.
Speaker 2 (10:00):
Angela Kackaday back to Angela, Why who been Mission Hills?
Angela Kakaday Back to Angela Kakkaday, Angela Kakaday back cool
name So.
Speaker 1 (10:12):
That so they're telling you to call your grandfather and
tell him, hey, keep your waist chain private. Hey, uncle Wally,
you know that waist chain you got? Yeah, keep your shirt,
keep your tank top over that?
Speaker 3 (10:25):
God?
Speaker 1 (10:25):
Is that an uncomfortable conversation with your uncle. Uncle's like
eighty five tank top and.
Speaker 3 (10:30):
A waisted going.
Speaker 10 (10:33):
Was that why you stopped wearing crop tops?
Speaker 11 (10:35):
No?
Speaker 1 (10:36):
I stopped wearing those really thin tank tops because I'd
have the shirt on for three or four days and
my chest hair would grow through it and that was
a horrible look.
Speaker 5 (10:47):
Yeah.
Speaker 3 (10:48):
Yeah, so hope you're not eating dinner, not anymore.
Speaker 1 (10:52):
Yeah, we're live sort of on KFI KFI am six.
Speaker 3 (10:58):
It is the show Bellio is.
Speaker 1 (11:01):
Going to Wango Tango. Man, that's great. You can go
out and see Bellio on May tenth at Wango Tango.
You got to get your tickets though, at a xs
dot com. The tickets go up in price May second,
May second. That's a couple of fridays away, maybe two
(11:22):
fridays away, and they go up, up, up, So get
them while you can for a discount price.
Speaker 3 (11:29):
All right, we have the talkback.
Speaker 1 (11:32):
You can go on to the website KFI am six
forty dot com look up our show and then you
can record something and then we will play it on
the air, and that's a cool deal. Let's see what
we got. We went fishing for talkbacks. Let's see if
any of them are interesting. All right, talkback city man.
Speaker 7 (11:51):
Okay to me, So I kind of agree with you
that you did.
Speaker 3 (11:55):
Of course you do.
Speaker 1 (11:57):
You should look at the KT footage and they're swearing
that he was only doing number one. No no, no,
no no. I saw the footage, and I'm a guy.
Guys can hold number one in for four days. Number
two about four minutes because.
Speaker 7 (12:13):
He said it was a situation that required matches.
Speaker 1 (12:15):
Well, of course he would say that, what is he
going to say that he went out and you know,
had to take a dump off.
Speaker 3 (12:21):
He would never say that. He says it's number one,
it's not, it's two.
Speaker 9 (12:26):
I don't know.
Speaker 8 (12:27):
You look it up.
Speaker 7 (12:28):
Look up for your fans and the people your fans of.
Speaker 1 (12:32):
All right, we was doing wrapping gifts, a lot of
noise in the background, not going on, and the people
your fans are.
Speaker 12 (12:40):
Hey, it's Stacy from Honey to Beach. Just so you
know that south of Beach Boulevard is county and north
of about Golden West is also county. So Huntington State
beach is on those ends Hannington City Beaches between Beach
Boulevard and about Golden West.
Speaker 7 (12:58):
Have a great day, love you great information.
Speaker 3 (13:01):
How about driving cross country with her?
Speaker 1 (13:04):
You see that over there, that's Arizona, but that's Nevada.
Speaker 13 (13:08):
A christ being from the military, it's actually cooler if
you say heilo, not helicopter, not airship, but hilo.
Speaker 10 (13:19):
I do say helo because that is the coolest way.
But I made a reference to a friend who's my
former Buena Park PD and he's like, oh, You're just
found a lot cooler if you said airship.
Speaker 3 (13:31):
I'm like, yeah, okay, either one right or they're fine. Yeah, Yeah,
you're fine, man, You're fine.
Speaker 13 (13:40):
Man. It just happened. Overturned dump truck on the beginning
of the seventy three off of the five Freeway northbound
in the right hand shoulder.
Speaker 3 (13:52):
Are you on that angel? I'm on it it so
I got a helo over that thing. Got a helo
over it?
Speaker 1 (14:00):
Yeah, big ten four, big old chopper. Where'd they say?
Seventy three and what the five?
Speaker 3 (14:04):
Just happened?
Speaker 13 (14:05):
Overturned dump truck right on the beginning of the seventy
three off of the five Freeway northbound.
Speaker 1 (14:13):
Okay, I don't know which is northbound seventy three or five,
but somewhere around seventy three and.
Speaker 7 (14:18):
Five they both are.
Speaker 10 (14:20):
So when you're coming out of San Juan Capistrano, you know,
when you left the San Juan Capistrano.
Speaker 3 (14:24):
Area, that's what you're talking about.
Speaker 10 (14:26):
All right, Yeah, there's that seventy three split and it's
overturned on that connector.
Speaker 1 (14:32):
Ramp, the money grabbing exit. Once you get off that set,
they want your money pretty quickly.
Speaker 5 (14:38):
That's right.
Speaker 3 (14:38):
That's right.
Speaker 9 (14:39):
Oh my god, can we please stop talking about Hockney.
Speaker 3 (14:45):
That's classic, that's great. Oh my god, can we please
stop talking about Hockney? How dare you?
Speaker 13 (14:52):
Your news is so wrong?
Speaker 3 (14:54):
Wow? What? What? The news on this station is never wrong?
What's going on with you?
Speaker 13 (15:00):
Your news is so wrong. It's already been verified twice
that he was a member of a gang, the gang
M's thirteen.
Speaker 3 (15:09):
Oh the guy that went to El Salvador.
Speaker 13 (15:11):
Okay, okay, and El Salvador also said the same thing.
He's a gang member, been arrested many times. No one's
being evasive. Levitt gave all the information you could possibly want.
Speaker 1 (15:24):
There, you go, all right, now I never said he
wasn't a gang member.
Speaker 11 (15:28):
Well, you go to LA you risked that, where there
is no laws and everything's a misdemeanor, and the courts
are so damn packed, and they're so underfunded, and in
all departments across the board, fire, public safety, you risk
(15:54):
in Los Angeles.
Speaker 3 (15:57):
Circus is in town.
Speaker 8 (16:00):
Tim, It's pretty sad.
Speaker 1 (16:02):
You advertise for cars for kids, that's right, But you
can't get rid of your road car dot.
Speaker 3 (16:09):
How dare you? How dare you? I can?
Speaker 1 (16:14):
I can physically get rid of it. I just can't
emotionally get rid of it. We've already given a mope
head or like a like a little motorcycle and a
red truck to cars for kids. So I'm a two
time cars for Kids donator, and maybe I'll be a
three timer who knows, who knows? Maybe, but that cars
(16:34):
for kids, man, that's a good deal. That's a sweet deal,
cars for kids. All right, we're live on K If
I will come back, we'll tell you about the four
oh five. Maybe we'll include Angel in this because she
gets pissed if we don't. But the four five in
this Pulvida Pass major repairs planned for a multi year
project might have another Karmageddon. I'll tell you when and where.
(16:58):
I guess we just told you where. We'll tell you
when we'll come back. We live on KFI.
Speaker 9 (17:03):
You're listening to Tim Conway Junior on demand from KFI
AM six forty.
Speaker 1 (17:10):
KFI AM at six forty. It is The Conway Show,
all right. The City of LA is about to get
sixteen hundred people.
Speaker 3 (17:21):
Less layoffs.
Speaker 1 (17:24):
Sixteen hundred people potentially going to be laid off from
the City of LA and the City of La. The
services are pretty poor to begin with, and now one
thousand and six hundred less people to take care of you.
That is not going in the right direction.
Speaker 14 (17:40):
There is a long list of challenges facing Los Angeles
recovering from the fires, a massive budget deficit, preparing the
city to.
Speaker 8 (17:49):
Host the World Cup and the Olympics, to name a few.
Speaker 14 (17:52):
Today, Mayor Bass laid out a plan to balance the budget,
which includes letting go of one thousand, six hundred and
forty seven city workers.
Speaker 1 (18:01):
How about that one thousand, six hundred and forty seven
people are going to be laid off one.
Speaker 8 (18:09):
Six hundred and forty seven city workers.
Speaker 1 (18:11):
I don't think we have the right mindset to host
the Olympics or the World Cup. You know, it's like
having a party, but you don't have any money to
rent chairs or the tent, or food or drinks, or
get a band or a DJ. And we're not ready
to put a party on. We're just not ready yet.
Speaker 14 (18:32):
A critical moment for Los Angeles Mayor Karen Bass as
she leads the city through the most destructive fire LA
has ever experienced, the Palisades Fire.
Speaker 15 (18:41):
We need a city wide turnaround, and we need a
fundamental overhaul of city government to deliver the clean, safe
and orderly neighborhoods that Angelino's deserves.
Speaker 1 (18:55):
Well, she's exactly right. Maybe she knows somebody that can
help us out. Oh no, that's right, she's the mayor.
Speaker 14 (19:01):
But prior to the fire, the city was in serious
financial trouble, and we've now learned a nearly one billion
dollar budget deficit could result in as many as sixteen
hundred city employees losing their jobs. I want to be
straight with you.
Speaker 15 (19:16):
My proposed budget unfortunately includes layoffs, which is a decision
of apsolute last resort.
Speaker 14 (19:24):
In addition to the layoffs, Bass has proposed eliminating one
thousand seventy four vacant positions, combining city departments, delaying capital
projects and lowering funding in the mayor's office.
Speaker 1 (19:35):
Wow, man, oh man, what's going on with LA Why
can't they get it together?
Speaker 14 (19:41):
Not impacted by the proposed layoffs the Los Angeles Fire
Department and sworn officers in the Los Angeles Police Department.
Speaker 3 (19:48):
Yeah, that's where a lot of the budget's going to go,
fire and cops.
Speaker 14 (19:51):
In the twenty twenty five twenty twenty six proposed budget,
the LAFD will see an increase of twelve point seven percent,
which will fund two hundred and twenty seven new positions.
Speaker 1 (20:00):
Okay, that's about ninety two million dollars at twelve percent increase.
Speaker 14 (20:04):
The budget deficit is fueled by lower than anticipated revenue
from taxes, new labor contracts with police, civic workers, and firefighters.
Speaker 3 (20:12):
And tremendous mismanagement downtown.
Speaker 14 (20:14):
And liability payouts which could exceed three hundred million dollars.
Speaker 1 (20:18):
Yeah, that's the city getting sued where they have to
pay out three one hundred million dollars in lawsuits.
Speaker 14 (20:26):
David Green is president of the union that represents ten
thousand city workers.
Speaker 16 (20:30):
Even one layoff for our lacity workers is one too many.
These are folks that are serving the public every single day.
It doesn't matter if they're trimming trees or fixing sidewalks
or insanitation and taking up people's trash. It's really important
that we hold on to every single one of these jobs.
Speaker 14 (20:45):
Bass highlighted how homelessness and crime are headed in the
right direction according to the latest data, but renewed her
call for the state to triple the TV and film
tax credit in order to bring Hollywood back.
Speaker 1 (20:57):
As far you know, when she said crime is going
the right direction, I don't know anybody that feels like that.
I don't know anybody that feels like la is a
much safer place to go out at night and hang out,
go to a movie, go to dinner. I don't know
anybody that feels that way.
Speaker 3 (21:13):
Nobody.
Speaker 14 (21:14):
As far as hosting the World Cup and the twenty
twenty eight Olympics, Bass said, Angelino's must come together.
Speaker 15 (21:20):
This is about all of us. It's about choosing to
believe in each other again and the future of the city.
Speaker 8 (21:29):
That we love great again. This is a proposed budget.
Speaker 14 (21:34):
Council members will make changes and they must pass a
budget by June first, Now Mayor Bass and the city attorney.
Speaker 8 (21:41):
They are headed back to Sacramento to ask for help.
Speaker 14 (21:44):
Live of Downtown La Josh Haskell, ABC seven Eye Witness Snooze.
Speaker 3 (21:47):
All right, there you go.
Speaker 1 (21:48):
You know, there's a lot of people who when we
come back, I'll tell you about this. There are a
lot of people that go to concerts and they're putting
the concerts on a payment plan. She paid forty or
fifty bucks a month, and you do it for you know,
ten twelve months, and then you get your ticket to
go to the concert.
Speaker 3 (22:04):
I think that's a great idea. Do you Does your
daughter do that?
Speaker 15 (22:06):
Cross?
Speaker 3 (22:07):
No, my daughter's gonna do that the money to go
to a concert or not?
Speaker 1 (22:10):
Okay, all right, well my daughter's gonna do that payment
plan where her and her friends are gonna pay like
fifty bucks a month for a year, and then they're
gonna have money to go to They're going to Coachella. Man, right,
We're going to Coachella, So that'd be cool. But the
big concert coming up is the iHeart Wango Tango. That's
(22:32):
gonna be May tenth, huge, huge concert. Dojah, Cat, Gwen Stefani,
Meghan Trainer, and more. You gotta get your tickets before Friday,
May second. That's when the ticket prices are gonna go up,
So get them before May second.
Speaker 3 (22:50):
The concert's May tenth, and you might see Bellio there.
Speaker 1 (22:55):
Bello's going to wango tango, y'all, Yeah, y'all yeah. Sending
our measurements to Huntington City Beach Home doesn't have the
same sort of rhyme, I guess, but that's where you're going.
Bello's go into the concert. Man, she's very excited about that.
All right, we're live on KFI. Ex scorry about that.
(23:16):
I didn't know that Moe was doing a uh look ahead,
I apologize. A portion of the four o' five is
getting a makeover. The California Department of Transportation I call
it Caltrans recently announced a major roadway rehab project for
the four O five, spanning from Van Eyes Van Eyes
Boulevard to the.
Speaker 3 (23:35):
North Westwood Boulevard to the south. Here's what we know.
Speaker 1 (23:39):
Caltrans plans to invest one hundred and forty three million
dollars over four years to rehabilitate pavement improve safety features
along the four or five Freeway. The project will cover
ninety two lane miles from Victory to Wiltshire Boulevard, including
upgrades to guardrails, culverts which we never use, and eighty
(24:00):
eight curb ramps. Right scheduling, it starts right now spring
summer twenty twenty five, and it'll be completed by twenty
twenty nine. So what they're gonna do is ninety two
miles of pavement. They're gonna do sixty four hundred sixty
four hundred feet of metal beam.
Speaker 3 (24:21):
Guardrails will be upgraded.
Speaker 1 (24:23):
For you guys and gals will get little squirrely out
there and hit the guardrail, you'll have a newer, softer
guardrail to plow into. Ten culverts will be restored, eighty
eight curb ramps will be upgraded, and ninety eight signs
will either be replaced or overhauled. So there you go,
(24:45):
four oh five. I'm can improve that. LA is trying
to track five hundred and thirteen million dollars that went unspent.
Speaker 3 (24:55):
That's right.
Speaker 1 (24:55):
Los Angeles City Council on Tuesday today called for looking
into the homeless spending and the creation of public database
of homeless related programs.
Speaker 3 (25:05):
Here's what we know.
Speaker 1 (25:06):
A twelve to zero vote, council members instructed the staff,
in coordination with Los Angeles Homeless Services Authority, to report
within sixty days and quarterly thereafter on the comprehensive breakdown
of LA's homeless budget, including reimbursable costs, committed funds, expenditures,
(25:29):
underspending on programs and contracts related to homelessness. So there's
five hundred and thirteen million dollars that went that is,
they don't know where it is. City Council said the
city had not spent five hundred and thirteen million dollars
in funding, So I guess they still have the five
hundred and thirteen million, but they're wondering why it was
(25:51):
not spent on homelessness. All right, Well, seems like a
lot of money in it with a city that's a
billion dollars in the red and they got five hundred
and thirteen million dollars sitting in a bank account.
Speaker 3 (26:05):
Maybe they could just use that payment plans.
Speaker 1 (26:07):
If you want to go see concerts, you know, like Coachella,
there's a payment plan you can go on where you
pay thirty forty fifty bucks a month and then boom,
next year, you got tickets, maybe a place to stay,
a shuttle all comes together for.
Speaker 3 (26:21):
You Coachella the music festival.
Speaker 6 (26:23):
If you've hit scrolling social media and you've been confused
by how everybody you know seems to good to will
afford to go this year, just know that those numbers
are in question. Sixty percent of the attendees used a
payment plans to buy their festival passes. So could they
really afford it? To be determined for context, Back in
two thousand and nine, when the festival first introduced a
payment plan, only eighteen percent.
Speaker 1 (26:45):
Wow, now we're up to sixty percent. From eighteen percent
to sixty.
Speaker 6 (26:49):
Of attendees took advantage of it. And by the way,
it's not only happening at festivals across the board. Buy
now pay later options have become a lot more popular
for big purchases like paying rent, or even small things
like getting food delivered Yeah by the Burger Now pay later.
Speaker 3 (27:05):
In fact, yeah, it's happened.
Speaker 6 (27:07):
It's estimated ninety one and a half million Americans use
some sort of buy now, pay later plan and that
this number is projected to grow.
Speaker 3 (27:15):
Into the future.
Speaker 6 (27:16):
We don't have the money, so why are people turning
to payment plans here to help?
Speaker 3 (27:20):
Because they're broke that's why they're doing it.
Speaker 6 (27:23):
So why are people turning to payment.
Speaker 3 (27:25):
Plans because they don't have the money to pay for it.
Speaker 6 (27:27):
It's here to help break it all down, is our
Money Watch correspondent Kellyo Grady. You're always fantastic on all
this stuff. Why are they so popular?
Speaker 17 (27:34):
Well, I mean it allows you, like, you know the
Burger thing, right, it's like eat now, pay later.
Speaker 1 (27:39):
Yeah, like Wimpy on Popeye, I'll gladly pay you tuesday
for Hamburger today.
Speaker 17 (27:44):
But particularly with these festivals, from the company's perspective too,
it's a lot easier to market something to us and say, hey,
it's going to be a small monthly fee instead of
a bigger upfront investment, and you're seeing consumer sentiment and deteriorate.
The economic environment is tough. When someone can say to you, hey,
it's less than one hundred bucks a month, and this plan,
(28:05):
by the way, is interest free. It's only a forty
one dollar fee, you say, okay, yeah, you know, I'll.
Speaker 7 (28:09):
Go to the desert with my friends.
Speaker 5 (28:10):
That was gonna be my question.
Speaker 4 (28:11):
I was like, are these concerts and festivals and bigger
ticket items are they sort of saying, let me take
the interests that a credit card company would have taken.
Speaker 3 (28:18):
But no, they're not.
Speaker 17 (28:19):
It's just it's a forty one dollar fee. It's a
six hundred dollars ticket for this weekend, and so when
you're able to spread that out of over a month,
multiple months, it's a better cashual thing. It's not always
the case, though, because broadly.
Speaker 5 (28:31):
Buy now, pay later.
Speaker 17 (28:32):
Sometimes there is interest, there are fees if you make
if you miss a payment, that type of thing. But
specifically Coachella is in charge.
Speaker 1 (28:39):
Kack okay, all right, so you can pay monthly and
enjoy yourself next year. Home Ownership more elusive now for
young Americans than any time in our past. This is
not good news, not good news for these young people.
Speaker 3 (28:53):
There you see the house.
Speaker 5 (28:54):
Yeah, At the age of thirty seven, Hanmi Lee is
in the market now to buy her first home in
the suburbs of Philadelphia with her husband David and their
seven year old daughter, Luna. Their home ownership dreams delayed.
Did you ever think you guys would be in your
thirties and still renting.
Speaker 18 (29:10):
I definitely took my time, yeah, to think about buying
a house, and then now I'm just regretting waiting.
Speaker 5 (29:19):
For younger Americans, home ownership is increasingly out of reach.
In the nineteen eighties, the median age of first time
homebuyers was twenty nine wow. By twenty twenty three thirty five,
and last year spiking to thirty eight years old.
Speaker 1 (29:32):
Is that unbelievable how quickly it went up? Let me
play that again. This seems to be important.
Speaker 5 (29:36):
In the nineteen eighties, the median age of first time
homebuyers was twenty nine twenty.
Speaker 1 (29:41):
Nine years old. In the eighties, you could buy yourself
an ice home twenty nine years old, and now by.
Speaker 5 (29:47):
Twenty twenty three, thirty five and last year spiking to
thirty eight years old.
Speaker 3 (29:52):
Now it's thirty eight. It's another nine years.
Speaker 5 (29:55):
The door closed to many by high prices, low inventory,
and mortgage rate hovering around seven percent.
Speaker 11 (30:02):
No one in their young twenties or buying homes.
Speaker 5 (30:05):
Real estate agent Ricky Voom says conditions are the toughest
he's ever seen. Last month, the median monthly payment for
homeowners hit an all time high of twenty eight hundred dollars.
Roughly seventy percent of American households can't afford a four
hundred thousand dollars home.
Speaker 3 (30:21):
Did you hear that this is disgraceful?
Speaker 5 (30:24):
Roughly seventy percent of American households can't afford a four
hundred thousand dollars home. The national median sales price almost
four hundred and twenty thousand.
Speaker 18 (30:32):
So over here is our dining area, but it's we're
limited on space.
Speaker 5 (30:38):
Han Me, who works in insurance, and David, a police officer,
have outgrown the two bedroom town home they currently rent.
They'd also like a backyard for their dog tank and
more space for another child.
Speaker 18 (30:49):
And what if it's not a girl with the age
gap too, they would want their own rooms.
Speaker 5 (30:54):
They've been searching for two years now and they.
Speaker 3 (30:56):
Said, I'll just give it a couple months. The market's
going to change this and that. But it's just it
hasn't It hasn't changed.
Speaker 18 (31:02):
For the better.
Speaker 1 (31:03):
Yeah, the inventory is still really really tight, especially in
small cities in LA. The inventory, I don't know what
it's like in LA, but in small cities like Culver
City is pretty tight. Santa Monica, Manhattan Beach, Burbank, Glendale,
these smaller cities that have great police, great cops, great fire,
(31:25):
great schools. It's really tough to get into because there
are very few homes that are for sale and they're
really expensive to live in these small little cities.
Speaker 5 (31:36):
Homes and their daughter, Luna's school district are in high demand.
Speaker 18 (31:39):
The competition makes it hard, makes it difficult for.
Speaker 5 (31:42):
Sure bidding wars driving prices in their area sky high.
That house they were touring previously sold in twenty nineteen
for two hundred and nine thousand dollars.
Speaker 3 (31:52):
Okay, it was two hundred and nine thousand dollars.
Speaker 5 (31:55):
Wet That house they were touring previously sold in twenty nineteen.
Speaker 3 (31:57):
Okay, twenty nineteen, two hundred thousand dollars.
Speaker 5 (32:01):
Two hundred nine thousand dollars.
Speaker 3 (32:03):
Two hundred nine. Let's find out what it is now.
Speaker 5 (32:04):
The price today this is listed at almost half a
million dollar house.
Speaker 3 (32:08):
Oh my god. In in five in six years, it
nearly doubled. That's outrageous.
Speaker 1 (32:17):
All right, we are live. Don't forget uh Wango Tango
is May tenth. Get your tickets at AXS dot com.
Go with Bellio. She'll be down there, Ellie in my
years at almighty May tenth, AXS dot com, a XS
dot com and go see the loud one down there.
Speaker 3 (32:38):
We're live mo Kelly Next on kf I AM six forty.
Speaker 9 (32:40):
God, you're listening to Tim Conway Junior on demand from
kf I AM six forty