John & Ken Show Hour 1 (06/19)
The John Kobylt Show
Premiere Networks
4.3 • 799 Ratings
🗓️ 19 June 2023
⏱️ 36 minutes
🧾️ Download transcript
Summary
JANE WELLS FOR JOHN AND KEN SHOW
STEVE GREGORY on special taxpayer SBA program for businesses impacted by the shooting in Monterey Park
Flamin Hot Movie
CALIFORNIA IS TOPS IN INVESTMENT FRAUD
IRS OUT OF CONTROL
GEN-Z EXPECTATIONS AT WORK
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Transcript
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| 0:00.0 | KFI AM 640. You're listening to the John and Ken show On Demand on the Iheart Radio app. |
| 0:06.1 | It's Jane Wells filling in for John and Ken. The boys will be back tomorrow. At least one of them. |
| 0:09.6 | I'm not sure if they're both here, but they dragged me out of the closet today. |
| 0:12.1 | And you'll have me for the next three hours. And I like to cover everything, usually from a financial perspective, because every story is a money story. |
| 0:22.9 | And we will talk today about the IRS, Gone Wild, JAT, GPT, and your jobs, investment scams. And what it's like being |
| 0:29.2 | a writer in this town when you haven't been able to collect a paycheck for over six weeks. |
| 0:33.9 | But with me right now is Steve Gregory because this is also a money story. I can't believe |
| 0:40.4 | it was only January with this Monterey Park massacre happened. I feel like it was, I don't know, |
| 0:46.2 | 2021. It seems like a lifetime ago. I know. I think it's just because it was so devastating. |
| 0:51.1 | And I think people are just trying to forget about it. But then last week, the Small Business Administration, their LA office, had a press conference, |
| 0:59.9 | along with Democratic Congresswoman Judy Chu, announcing that there was a bunch of funding available for small businesses and nonprofits in Monterey Park impacted by that shooting. |
| 1:18.5 | All right. First of all, how unusual it is for a horrific event like that to get small business administration aid. That seems different. |
| 1:21.3 | Yeah, because typically the money is always available after a disaster, natural disaster. |
| 1:25.8 | But Judy Chu has been working with the Biden administration, |
| 1:29.5 | apparently getting approval for the SBA to free up some money. Now, what's unique about this is |
| 1:34.3 | the money, in typical SBA loans, you go through a third party, usually another bank, and you |
| 1:40.0 | apply for it, and then the SBA backs the loan. In this particular case, the money's coming directly |
| 1:45.7 | from the federal government. They're bypassing the third party to expedite the funding in these low |
| 1:50.7 | interest long term loans. So it's coming right out of treasury or whatever, or the SBA directly? |
| 1:55.2 | Yeah. Who was impacted by this other than the dance halls? I don't understand. Yeah, you know, |
| 2:00.2 | a lot of people have asked that. And I asked it myself because I was trying to rent my head around it. But remember, |
| 2:06.0 | that was the Lunar Day festival, that weekend that it happened. Because the shooting happened on |
... |
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