40 Burst results for "$ 20 Million"
Mike Agugliaro: To Scale a Business You Have to Scale YOURSELF
"So what would you, what do we tell the company that the business owner who's been doing, you know, somewhere between two and four million and he's capped out and he's burned out and he's not charging enough. What kind of advice do you understand it? He's good at what he does, but he doesn't understand a lot of the business side. What kind of advice do you give that guy? Well, I mean, the first thing everybody should write down, that's listening to this to, to scale anything, you have to scale yourself. And I think people don't spend enough time investing in improving themselves. They, they carry these belief systems that they've been programmed with. Like my dad, you know, he, he told me when I was a kid, he programmed me with money doesn't grow on trees. And after I was doing about 20 million in business and just anybody listening, I went from under a million to 32 million in less than 10 years. So I had 165 service trucks on the road all over New Jersey. You know, we, we did 40 ,000 customers a month. So we did a fair amount of customers, 200 employees, double digit profit. And what's that? What year? That was 2017. And I sold it in 2017, which feels like yesterday to me, I sold it for a sign my name and walk away deal at one of the highest multiples, not compared to what's happened through this last roll up, but one of the highest multiples, I was like the cat's meow, you know, and my dad, I went to him and I said, dad, you were right about one thing and wrong about another. And of course, my dad's a big Italian guy. He wants to know what he did wrong, right? I said, first, you told me money doesn't grow on trees. I said, but if I had lemon trees and apple trees, I could pick that and sell it for money. And he said something to me that changed my life forever. He said, you know what, son, I only told you what my dad told me. And in his dad told him, I started to question myself, how many people struggling in business in the world today for whatever they want to do, because they keep following beliefs that might have some value, but may not have what you need today. So then, of course, Greg, you're probably wondering, my dad's like, oh, well, at least what did I tell you that that was true? I said, well, you told me you didn't own the utility company, shut the damn lights off. And I said, you were right. You still don't own you still don't own the utility company. And then I became just like my dad, my kids, my whole life telling them shut the lights off, right? I don't own the utility company. So I think that's part about business owners today is to sit there and say, hang on, maybe I don't know. The next one, I'd say probably number three here is I am such a believer in coaching. Not because we do forms of coaching. I've had seven coaches is the most I had at one time. I had spiritual coach, relationship coach, marketing coach, business scaling coach. I have seven. I am a big believer that you're investing in solving your most immediate problem. And you probably heard this phrase. Everybody heard it like success leaves clues. But like who has time to be like when my daughter was little, she used to watch Dora the Explorer for anybody that knows that like who has time in life, Greg, to go run around and play Dora the Explorer and look for a clue. I want someone to give me the clue right now and say, look, here's what I want you to consider. If you do this and this, you're probably going to get that. And we've proved that over time. So those three, those couple things there can change everything for everyone.
Fresh update on "$ 20 million" discussed on Real Estate Coaching Radio
"Welcome to Real Estate Coaching Radio, starring award-winning real estate coaches and number one international bestselling authors, Tim and Julie Harris. This is the number one daily radio show for realtors looking for a no BS, authentic, real time coaching experience. What's really working in today's market, how to generate more leads, make more money, and have more time for what you love in your life. And now your hosts, Tim and Julie Harris. We are back and this is day two and we are, of course, presenting our 2024 real estate predictions. And what we're doing is we're breaking these predictions into four separate shows, podcasts. And then on Friday, the fifth show, what we're going to do is we're going to give you a list or a summary of the top 10 real estate predictions. But the reason we're doing it this way is we want you to be intelligent about what's actually happening in the market so that you feel comfortable having conversations with buyers and sellers, especially over holiday parties and whatnot, and you're not just guessing it or winging it because people can always tell. So today we're drilling down on what is arguably the second most important thing affecting the real estate market, which is interest rates. Now if you have not listened to the part one, which we were talking about supply and demand, make sure you listen to yesterday's show. That's right. So on to mortgages. Today's show is all about mortgages. How can they get the notes? Because we're going to be talking about a lot of stats here. Oh my gosh. Are you really reading lots of numbers? Yes, thank you. The notes and the statistics and all the good stuff is down below in the show description. So make sure you are if on YouTube or iTunes or Spotify or Stitcher or wherever you're listening to us, scroll down and click more information or you guys know how to read notes. So just go ahead and open that up and check out the notes. And when you're there, and I know a lot of you are already doing this, but a reminder, make sure you join Premier Coaching. This is obviously the perfect time of year to join Premier Coaching. Now for all of you who have joined so far in the last week or so, please remember the number one job you have is to open, well even existing Premier Coaching students, open up first level, level one, download the real estate treasure map. The real estate treasure map is your 2024 fill in the blank business plan. This is something that's worked. We updated almost every year, but this is a business in life plan. This is a real business plan, not some just one pager that you complete with no thought behind it or no emotion behind it. This is something we want you to do with your spouse, do with your partner, complete this business plan with your family, make it so it's something that actually acts as your North Star through this new year because gosh knows all of us are going to need the brightest of North Stars in 2024. That is for sure. And as always, I do try to be my own best fact checker, so I'm not going to clog up the podcast with citing every single source. So just know at the top of this that I have checked up one side and down the other with all of these facts and anything that sounds like a prediction. Now we won't really need to steel man this content today so much because it is facts. That's right. We're facting. On Friday when we do our podcast about what our top 10 predictions are, what we're going to do is we're going to give you what our prediction is and then we're going to tell you what we might be wrong. There you go. That way they can speak intelligently from both sides. But with regards to mortgages, mortgage rates and loan products, that's today's topic. We do believe that rates will continue to moderate downward. I think today's podcast is going to be probably 99% good news, just a prequel there. Rates will continue to moderate downward. That's great. Likely to stabilize somewhere between six and six and a half percent. This will of course support increased demand. We talked a lot about demand yesterday. We continue to believe that that will go up. Maybe 15 minutes ago before we hit the record button, Julie, I was reading on CNBC that some people are now calling for four to five rate reductions next year. That's good news too. Well it is. I'm all for it. And now remember when Julie says that the rates will likely settle in around six to six and a half percent, for a lot of us that still seems like a lot if you're kind of addicted to three and a half to four percent. But guess what? You can buy the rate down and someone could actually have a four percent mortgage that is going to be a 30 year fixed. Yes. And we're going to talk about how to do that and what you need to know about that. We do not expect the typical 30 year fixed rates, that's your standard issue published rates, to go below six percent anytime soon. But as Tim just said, if you use more creative financing, a different type of loan product, you can get that rate lower than six and I'll talk about that in a second. We predict, and this is already happening, that you will also see a wider variety of mortgages than you're used to and should absolutely understand and be able to explain, it doesn't mean that you're originating, you're not playing mortgage officer, but you are able to have a conversation about adjustable rate mortgages, how those work, how to use points to buy down the interest rate, seller's financing, maybe not for the whole mortgage but maybe for a second, and builder financing. You should also be versed on FHA, VA, first time buyer loans, and programs that are returning to the market. Remember, we did a whole show about first responder mortgages and all of these different types of loan products that we didn't really need when rates were super low. You and I discussed yesterday, and something I still find surprising, for some reason my brain was just bouncing off to, the fact that the average first time buyer now is 36. What's interesting to me is when you are, again this isn't directly in alignment with your interest rate conversation so bear with me, that the fact that so many agents are not to essentially generate leads, specifically buyer leads, but what's fascinating to me specifically is for example TikTok, or I mean Instagram to a lesser extent, but a lot of these platforms you guys are investing so much time and money into, what is the average demographic of the person using that particular widget? What's the average user of TikTok videos? I'm going to guess there's somebody far younger than the average age of the first time buyer which is 36. In other words, you got to really be thinking like a business person when you're making decisions or to spend your time and your money for the sake of lead generation because if you're putting a lot of time and money into trying to generate leads from buyers that cannot ever buy because of the fact that the market situation is like it is, and we already know that the average buyer is 36 years old, and if your TikTok videos are attracting an average viewer, look at the analytics of your TikTok videos guys, you'll see what I'm talking about, that are 10 years plus younger, the probability of you generating any viable leads from your social media is just about zero, so you need to be using your own brain and common sense when making decisions as far as what you're going to do for lead generation in 2024. That is an excellent point, so look at it this way, I don't know what the average age of a TikTok viewer is, but I'm guessing that it's at least probably a decade lower than the average of a first time buyer. Now look at it this way, how many of those TikTok viewers have, let's use the average sale price of $400,000, what's 20% down $80,000, do you really think that they all have $80,000 saved away in the bank? How long did it take you to save $80,000? Listeners do you currently have $80,000 and you're probably older than the average TikTok listener, so just keeping it in perspective I think you make an excellent point there. So we're talking about different types of mortgage products, that's probably what spurred your thought about first time buyers. So knowing about FHA, VA, first time buyer programs, seller's financing, how to buy down rates, those methods are all ways that you can or your buyers can indeed achieve a five to five point something percent interest rate, but only if you know how to actually do that and if you're using mortgage loan officers that don't talk the talk or don't have those products, you might need to expand your collection of lenders. Go to, I think it's Fannie Mae's website, might be Freddie Mac, I really don't remember, FHA's website and find out if the loan officer or the lender you're using is actually approved to do government loans because what you're going to discover is a lot of times the lenders that you're using won't tell you that they can't do some of the most frankly consumer friendly loans out there because they don't, they literally don't have access to that product and they won't get... It's not in their toolbox. It's not in their toolbox, it's not one of the products that they offer, so that's the reason that in some cases you guys are going to make yourselves uncompetitive because you're working with loan officers that don't actually have access to all the different types of mortgage loan products out there that would make it so your buyer could actually afford to buy a house. We've done tons of podcasts, tons of coaching on this, make sure you do your own homework. That's right and in fact if you go to hud.gov a lot of those FHA and VA and all the special stuff sort of lives or starts at hud.gov and if you find that your lender doesn't do those programs, I believe there's a look up by zip code, find a lender that does and then you can do your own homework. Now Julie, we have to agree that in the new market, that's what we should start calling this by the way, in the new market there definitely is going to be a boom with new construction. Speaking of which and keeping it on interest rates because I've got a section on new construction later this week, but speaking of builders, take for example what Toll Brothers builders are doing currently. I got this email yesterday. They're calling it their new year home sales event. They're using a 2-1 buy down with the first year rate of 4.99%. I love how they snuck it in 0.99% because now I'm sure they're advertising 5, right? So that's just Toll Brothers. Toll Brothers used to be smaller and regional. I forget, I think they're in like 12 states now, so they're out there. Lenart Homes also builds a ton of houses. Lenart is advertising quote rates in the fours for primary residences. I'm sure that depends on credit and all the rest, but you know that shows you that the builders are being creative. I'll give you an example. Heath Moulton, who is in Inkeny, Iowa, they work with a lot of these medium builders. The last call I had with him last Wednesday, we were talking about essentially his medium builders because they're competing with Pulte, I think, I don't remember what, and they're doing a lot of building smaller houses for higher prices on smaller lots, but they're buying down the interest rates and making the payments less so that people could buy a brand new house for essentially it's less house on smaller lot, but the payment's lower than what they'd be paying for resale. Most people are gonna shop payment more than they're gonna really make. That's gonna be the biggest decision with what they choose to buy. Well, so now he's getting his medium-sized builders and his smaller builders to figure out ways to put money into the deal so they too can buy the rates down so they don't lose those prospective buyers off monthly payments. That's the new world. That's the new market. Learn how it works. Again, we talk about this excessively in Premier Coaching. The link to join is down below, or of course, you can listen to past podcasts, but the past podcast, this is just training as much as we tried to coach you guys on this show. It's not coaching. It's training. The coaching happens when you join Premier Coaching. All right, Julie, so let's move on. We're talking now about something you read on HousingWire. Yes. According to HousingWire, once interest rates fell from 8.1%, that is our record high recently, down to 7.32%, there was an immediate increase, like we're talking about practically to the hour, increase in mortgage purchase applications. That's something to watch that is an indicator of what's happening in the market. Imagine what will happen when we get down under 7%, so again, uptick when it went from 8.1 to 7.3. As of today, we're almost under 7. I just looked it up before we started recording. It's 7.077 for the average rate. If you do a 15-year conforming, it's 6.2%, again, from HousingWire. So I believe we have four weeks in a row. Of which you write for both of those publications, I believe. Exactly. Which is… Are you quoting yourself with those last two quotes? Not on that one. I don't write for the mortgage end, but yes. So that's all good news. It's interesting, I think, that it tracks that closely and immediately, so if you want to know what's happening with demand, check what the interest rate is, right? Okay, so moving on to Fannie and Freddie, they are helping out as well. The conforming loan limit for mortgages backed by them in 2024 will be an amazing 766,550. That's a 5.5% increase over the old amount, which I think we'll all agree was also pretty high at 726,200. This has already been announced by the Federal Housing Finance Agency, that's the FHFA. This was raised based on the FHFA's assessment that home prices rose by 5.56% this year. Didn't you and I hear that in some of the most expensive areas of the country it's going to be a million dollars, though? Oh, I'm stepping on her point? That's okay. Okay. Good segue. Amazingly, to your point, 766,550 isn't high enough in some areas. There are already provisions for that. There are markets where 115% of the local median home value is higher than 766,550. See they actually based it on some math, so if the median's 115% higher, then they have a higher amount, and you can again go to HUD.gov and look that up based on your zip code. Think about coastal markets where the entry level is around a million or sometimes even higher. So, speaking of which, who takes care of that? There's something called the HERA Act, which stands for Housing and Economic Recovery Act. It has a ceiling of 150% of the baseline conforming limit, which equals, wait for it, 1.149825, a million one fifty for one unit properties. So that's pretty amazing that you can get that, you know, a million one fifty. Okay, so I'm going to ask you questions about this, because truthfully I didn't know about the HERA Act. That's why I fact checked myself. So the HERA Act, you're saying that basically under this little carve out, under this Economic Recovery Act, and everyone listening, you guys got to pay attention to this, someone in certain markets could actually get a mortgage for basically 1.15 million dollars. Okay, and that's still an FHA mortgage? I believe so. Yes. But it falls under this HERA Act, H-E-R-A, Housing and Economic Recovery Act. So that's not everybody, please do not freak out and think that everybody in the country can go that high. So here's what you should do. You should call up your lender and quiz them, or, you know, just real quick and ask them if they know what the limit is for the HERA Act, and if they don't know, well then, you know, maybe time for a new lender. There you are. Now, there are lenders that specialize in this type of thing. Yeah. Where they'll say, oh yes, I can't believe you know that, Mr. and Mrs. Rilter, right? So that's the answer you're looking for. Well, just imagine if you were, say, in San Francisco, or one of these expensive areas, and you were talking with a buyer, and the buyer thought, well, I can't qualify because of this, this, or the other thing, and you say, well, I happen to know of a way through a lender that I could actually get you qualified for a government loan for 1.15 million dollars, which will actually mean that you don't have to put down 20 percent, you could put down maybe 5 percent, dare I say, and oh, by the way, your credit score doesn't have to be, you know, 850, it can be, you know, significantly lower, and if, so if I can make that happen and the payment makes sense, and you obviously like the house, you know, you guys get it? This is the reason that knowledge equals confidence, and ignorance equals fear. Knowledge equals confidence, and ignorance equals fear. So Julie, thank you for sprinkling that knowledge on us, because truthfully, I didn't know that. Well, I thought it was interesting too, and here's the thing, you're all clamoring about how you bring value to your buyers, this would be an obvious place, right? Or, you know, frankly, sellers that are wanting to move up or move down. That's exactly right, and I just want to hover there for a second. You touched on, why is this significant with regards to FHA and VA? You mentioned one thing, because you may not have to put 20 percent down, you might be a 3 to 5 percent down, typically the credit scores don't have to be as high, the ratios can be more lenient. This all, of course, assumes that the borrower has a job, which would be required of any loan, so, you know, every borrower is different. Again, we're getting into the mortgages, because that's the theme of today's prediction show, but go and find out what the actual FHA, or FHFA, or Fannie Freddie guidelines are for that particular mortgage. I want you to do the lender's job, and go to the website, find out what the actual government requirements are, why? Because you need to then see if the lender is putting any overlays on top of those loan requirements, because that's what happens. So Fannie Freddie will come out with a mortgage opportunity for up to a million dollars, I'm making all this up, guys, just bear with me, that you can, this is what the max loan about the borrower has to put down 5%, their credit score can be, I don't know, Julie, what are you saying now, like high 600s, right? Sometimes FHA is as low as 580, I think. Okay, so let's just say 650 for the sake of my little, okay, then you go to the lender's website, the lender is, you know, approved to do Fannie Freddie's, and then you go to the lender, and the lender's requirement is that the credit score is 50 points higher, that the down payment is not 5%, but it's 10%. Those are called overlays. You want to make sure you're working with a lender that doesn't have onerous overlays. The lender just does that, because they're trying to protect themselves, because if they originate that loan, and the government basically insures it, and that loan goes bad, that loan can then be pushed back upon that lender, and that lender essentially is going to have to essentially assume the financial liability of that bad loan. So they have a right to protect their, you know, the integrity of their business, and their lending portfolio, it isn't really what it is, it's not a portfolio, but you guys get the point of it all. So you need to shop to find out who's got the least onerous overlays, because your job is to help your buyers get into houses. That's right, and overlays, I see agents posting this all the time, lender overlays are not illegal. They are not taking advantage of your buyer, they're protecting themselves, they have risk management, you know, entire divisions that look at what they've got, and they say, you know what, we're going to get more conservative. So there's certain banks that have a more conservative sort of reputation, Wells Fargo would be one of those, that doesn't mean that, you know, if you shop at somewhere else, that it's going to be the same, lenders have different overlays. Also, since we're on this topic, I made note to Self when we were in Murphy for the holidays, that I saw several credit unions advertising on their billboards outside of their buildings, that they were doing mortgages in the sixes, so that might be another play. So that's an important thing, again, we talk about this a lot in Premier Coaching and all so on past podcasts, we talked a little bit about it, but when you're dealing with a credit union, for example, to use Julie's example, they're lending their own money. So what they're doing is they're lending their, you know, based on the amount of money that the, you know, deposits, how much money they have on hand. So their requirement is going to be completely different. This is the reason that we want all of you to have basically three different lenders. You need to have a lender that knows all this government backed financing stuff, and they need to be really, really good at it. They need to be patient. They need to know. They need to go to every time there's a seminar learning about the latest process, you want that lender going. You don't want a lender, especially when you're dealing with the government type stuff, that's not completely and totally frosty locked in knowing exactly what the latest and greatest is. And here's the way you can test them. Ask them if they play golf. If they play golf, that's not the lender for you. I'm joking, but you get the idea. And then the second lender, remember, you want three. The second lender is going to be somebody that you can send your folks with down payments with decent credit and job histories and whatnot. You're sort of normal buyers and sellers. You can send them to that lender. That lender does maybe do the government backed stuff, but they're not as much of an expert as the first lender. And they can do the higher end stuff, but again, it's not really their forte. They're essentially like the target of lenders. Then you want the lender that's going to work with your occasional, in many cases with our coaching clients, your normal, very upper end clients. Those are going to be the lenders that know how to do loans against stock market portfolios, your JP Morgan types, those types of lenders. You want an upper end lender and the upper end lenders are going to be able to actually help people in the very upper end. Again, this is relevant on your, maybe it is or isn't to your market, but when people are getting, believe it or not, someone like, for example, is thinking about buying a $10 million house. They'll look at the $10 million and they'll say, well, I could pay cash, but that means the money's not invested. I could finance it, but with interest rates right now, I don't think I want to pay that kind of rate. Or what I could do is I've got $20 million in stock. I can actually get a loan against the stock and use that in the rate that I'll get from JP Morgan, for example, will be something like 3.5% because they'll loan to their high tier customers at just a little bit above the Fed rate, which I think by the way right now is in the 4% range. But in any event, then that's how the very upper end actually buy things. They borrow against their existing portfolio and the lender gives them a super low rate. So you've got to know and have in your back pocket lenders that check all three boxes. Now if you're just working with rural land in an area where 99% of everything is FDA, then obviously deal with that. Well, and you can use your community bank for that. We've got some coaching clients that do live in those areas and they have great relationships with their local community lenders. They themselves use them, their clients use them, farm and land, ranches, stuff like that. And keep in mind too, whether it's for you or for your borrower, some of these, especially the smaller regional ones, if you move your checking and savings to them, they'll give you a quarter point off. There's all kinds of different things. So I think the bottom line is in this new market, you need to upgrade your mortgage vocabulary. This is a lot of stuff that you are not really used to doing. So if we were to predict something for you, the prediction is that you're going to have to learn a lot more specifically since today is about mortgages. To be able to talk in and out of these things as we've done with you today, that doesn't mean that you have to be so good at, you don't have to be an expert and you shouldn't claim to be an expert unless you actually are a mortgage lender as some of you are. And the world settled into the new reality that the rates at three and a half percent aren't coming back. The shock and awe of the interest rate, it's not going to be eight percent again. If anything, the rates are going to be dropping. Again we're formulating our top 10 predictions for the Friday show, but you can see where we're going with this. As Julie just said, the bottom line is you're going to have to become a true expert, not an armchair expert or a TikTok expert on mortgage interest rates and what's actually happening. You're going to have to, we're not suggesting you do loans unless you're doing loans already then there you go. But for the vast majority of you, align yourself with really high end lenders that are operating at the highest level and then refer your business to them. Your job is to sell real estate, their job is to get the mortgage done and when you partner with really good people, they're going to help you sell real estate even more so because they're going to help you now know what of your potential buyers are qualified. And by the way, they're also going to be sending you more potential buyer leads themselves. Maybe they've got some people that they've transacted with doing the loans for and those people want to put their houses for sale and they'll refer those back to you. This is a great way to build your center of influence past client, but as far as predictions go, you can see our predictions with regards to interest rates are all wonderful. Yes, I'm very excited about that. One last thought and I'm going to wrap it up on that point. Mortgage applications that we mentioned are up 4% week over week, fourth straight week. That's a great trend, especially this time of year. Additionally, free refi offers are abundant right now, so make sure you know about that. And to your point, everything that we're reading, that we're studying, the economists and analysts that we listen to is saying that next year will be largely a stabilization year into the sixes, right? And you know, I listened to Logan Motashami over at HousingWire. He said something, I thought it was funny, he said, you know, 2023 in many ways will go down as a historic year, but one of them, because he's more in the mortgage end of things, he said that what we all went through in 2023 was basically practically a decade of mortgage ups and downs and roller coaster ride and changes condensed into 12 to 18 months and that we should all look at that as a good thing because we've gone through the shock of sub 3% all the way up to 8.1 in basically 18 months or less. And that's why settling in the sixes feels a little bit better. There's pent up demand big time. We're seeing that all of our coaching clients are reporting that back to us. All the people, there's a lot of people that were subconsciously acting out of fear because when there's change, what a lot of people do, their natural state of things, they're not, okay, things are changing, I'm going to get into action. That's not what most people do. What most people do is they hide out. They build a mental, emotional bomb shelter and they wait for the clouds to clear. And that is what 2023 will be known as. For sure. The bomb shelter year. You can tell by the numbers. Absolutely. Worst year in real estate in 40 years. So yeah, those of you who just got your real estate licenses, welcome to real estate. You dodged a bullet. Yeah, you dodged a bullet. No, but I have to say, I mean, yes, it was the worst year in 40 years for real estate. Let me be specific though. In terms of sales volume. 3.6, right? 3.7, about 3.7, somewhere in there we're going to sell them. And around 200,000 new construction units. Yes. And so that's an epic low. Okay. Now, contrast that with, I personally, I feel like the great housing crash was way worse just in terms of what it did to homeowners, right? They lost their houses, even what it did to real estate professionals, that was far, far more stressful. Now, that's not to say that having fewer sales is less stressful, but in terms of the economic and mortgage and homeowner damage, that was way worse. What we have right now, I think we're sitting on a potential major recovery from the super low amount of sales because all the things we talk about on the podcast, people are sitting on a mountain of equity, rates are coming down. We have historically super high credit scores and a super high savings. That is a recipe. All we really need is more inventory. Most homeowners, if they bought two years or more ago, have 50% equity in their homes. On average, 100 grand in equity if you just bought 24 months ago. I feel like we're all sitting in a rocket ship about to go to Mars and someone just let it. And now it's all shaking. We're all anticipating finally breaking free of the gravity that's been holding us back, which is the 2023. So 2024 is going to be another reason to believe that 2024 is going to be your best year ever in real estate. We talked yesterday about inventory. Today we're talking about interest rates. The interest rates are going to scare up some of the more resale inventory. Definitely going to motivate more new construction. You're going to love tomorrow's podcast and remember Friday is the culmination, which is our top 10 predictions for 2024. In the meantime, you guys have a fantastic day. We'll talk with you on the show tomorrow. This podcast is a part of the C-suite Radio Network. For more top business podcasts, visit c-suiteradio.com.
A highlight from Is Solana The Next Ethereum Killer
"Can a Solana overtake Ethereum? We're seeing a lot of metrics that have a lot of people, their heads are spinning. They're surprised. They don't know what's happening. They don't know why Solana keeps continuing to pump, or we're seeing a lot of positive numbers. We're seeing active users skyrocketing. And also we're getting listed on Perpetual's futures on a very major exchange. You're going to want to check this out. This is Discover Crypto. Thank you for joining everybody. Welcome back, Rodney. We're talking about some altcoins. And now we're not going to talk about ranked 8 ,000 meme coins. Is that okay? We're talking about Solana. I guess we could talk about... Everybody's talking about Grok, I thought. That's right. Grok. Well, yeah. It was like, what? Maybe a top 200 at this point. Hit $186 million market cap. I just saw Kyle Chasse tweet, or Chasse tweet. He's like, I bought the top. Ah. You know, so it happened. As they do. Did you get in on Grok, Rodney? I did not get in on Grok. I faded Grok at 20 million. Sorry. Excuse me for not buying a meme coin. You know. It went up to 150, right? So you missed out on about a seven and a half X. It's still sending, yeah. All right. So you're only missing out on a 10X so far. So far, it's a 10X. But Rodney, you just got in last night, correct? Yes, sir. Yeah. How was that? How was it flying into the Atlanta airport? I heard it's... My fiance, she has Follow Atlanta now, and they're shutting down the whole airport. Apparently, it's like, you know, entire hallways are like two foot wide. What was your experience? Well, I actually drove here from Charlottesville, Virginia, so it was an eight hour drive, but very nice. Got to listen to Joe Rogge on the way here. Some of my favorite cryptocurrency channels. Okay. Yeah. All right. Well, speaking of cryptocurrency, let's just get right into the stories here, folks. We are going to talk about Solana in a bit, but first, let's look at the crypto market. We have Bitcoin down about 1%. Let me go ahead and hit refresh just in case we're getting a little bit fresher. All right. Bitcoin down 1%. But Ethereum is up about 2 % right now, XRP down 2 .5%. Solana is cooling off, folks. Solana is almost down to 5 % along with Cardano, but both of them had a positive week. Solana just had a 10 times better week than Cardano there, 38 % to a 3 .8 % pump there. So if you're holding Solana over Cardano, you're feeling pretty good. If you're holding both, you're wondering, you're looking at your Cardano bag, poking it with the stick, like the meme, come on, do something, do something. It'll happen eventually, folks. Just trust me. Then we have Chainlink down to 5 .5 % as well, but Matic is up. But we look, look at Celestia, Tia, Tia is up. We were talking about Tia, Tia is up 25%, 125 % for the week. Now, TJ, did you see any Tia actually, you saw Celestia? I mean, I know it's Drew's wife's name, so he's been big on it, but he actually, I think was talking about Celestia. Yeah, we did a short on it a while back. We noticed it when it very first popped out. Obviously it's strong in some of the Asian markets, a competitor, so to speak, coming out of nowhere. We're seeing, we're moving up very quickly through the top 100. I think it's ranked 65, 68, something like that right now. I mean, it was under 100 a week or two ago when we first covered it. Definitely something to keep an eye on. And this is something that's important that I wanted to mention on today's stream. As we're getting into a new bull market, there's a lot of different ways to look at different altcoins and value different things. When you're building out your portfolio, there's something to be said for projects that have been around for a little while that you know are going to perform into the bull market. Again, we've looked at them a lot. They're in the top 20s, top 50s, the Maddox, the Mutables, the avalanches, the Solanas, kind of the big performers of the last cycle. However, the ones that tend to have the most explosive gains can be the things that are launching around this time, the newer things. It'll be interesting to see if that trend proves through in this cycle. But Tia, Celestia would be one of those ones that it looked like tech had been around for a while, the team had been around for a while, and they were waiting for the right time to launch to really capture attention in this bull market. So watching how those perform over the next few months, I do think is going to be key. We're going to be doing a deep dive on Celestia coming up in the next week or so. I have some of that going into the works. But watching layer ones, layer twos in the narratives, obviously, in this cycle, I think is going to be a good strategy if you're looking to make those gains. All right. But speaking of gains, we also have the other side of the coin, and that's the losses, folks. The biggest loser is Rollbit for the day, down 10 percent and then Kronos. But if you look at the week here, the biggest loser is Trust Wallet and then followed by XRP. Oh, no. XRP was the number two loser for the week, folks. So it's just interesting to see a top five coin be one of the biggest losers right there. Nio, Nio as well. Nio is down now. Nio is on a video I'm working on right now, the top five coins out of Asia, everybody. And Nio is one of the five. So that might be one. All right. I'll be joining in in a second here. But I think it's time for us to talk a little Solana here. Now, Rodney, what are your broad thoughts on Solana as a sign in real quick? Yeah, well, I think that could be one of the bigger comeback stories of this next run, because really the reason why it dumped down so much, because look at everything dumped during the bear market. But the reason why it dumped down significantly was the negative association it had with Almeida Research, Sam Beckman Fried and stuff like that. But now that we're putting all that stuff behind us, it's probably going to recover. I mean, beside what the occasional network outage is, it's actually a pretty solid project. So a lot of people bought that dip understanding that the reason why it was down wasn't because of function. It was because of the negative publicity. Just like Elon Musk going on Joe Rogan's show, smoking some, you know, green and then dumping Tesla stock. Yeah, I always talk about that podcast. I saw that podcast and I remember thinking, oh, wow, this guy is incredibly bright. I would want to own Tesla stock. A lot of people say, oh, yeah, let's dump it. Well, Solana is overtaking Ethereum by active users after a 70 % spike. Everybody let's look at some of the numbers here. So this is according to Arnimix, they had 356 ,000 unique users on Saturday beating Ethereum's 330 ,000. So beat them by 26 ,000 right there. The milestone was driven by a sharp uptick with the network hosting only 200 ,000 just one week ago, less than a week ago. So it was $100 ,000 less. For comparison, ETH consistently holds around 300 to 350 with two brief spikes above 400k in a surge of more than 1 million wallets. But the price of Solana has plummeted. Is it still more than 96 % from 2021 high of 250 bucks? Does that sound right? I don't know about 96%. Yeah, no, no, that's not right. At one point, at one point when it fell to $10 in January, active addresses on the network shrank 85 % from over a million, 1 .28 to around 200 ,000 this September, according to the block. But Solana refused to stay down and now it is up 145 % just in the past four weeks. So everyone holding on to the profit feel good. And then some analysts have been quick to pronounce that Solana has flipped Ethereum by active users due to the recent uptick. However, the ecosystem has expanded beyond its base layer with the majority of ETH activity now taking place on layer two. So Solana may surpass Ethereum, but there's a giant asterisk because if you want to incorporate little activity, two well, Ethereum, the EVM as a whole greatly surpasses Solana there. But TJ, what do you think about Solana ever surpassing Ethereum as far as, you know, being the number one chain? What odds would you, would you put it less than 5%, less than 1 %? No, I think what you just said really matters there by what metric, right? You know, so you've got transactions, you've got daily active users, you've got a market cap, you've got volume, you know, there's so many different metrics to measure a chain by. So I could see it passing it in transactions one day. That's what it's designed for, right? If you get some good, if you get some good games running on it, you could see it hit higher active users, higher transaction or, you know, but volume, probably not, you know, like DeFi is going to most likely live on Ethereum for the foreseeable future. We talked about that a little bit last week. The ecosystem really matters there. And so I think what we're seeing right now in price gains in the short term, sure, it could, it could outperform there. And I think part of what we should talk about here today is why we saw all that price movement happening over the weekend. And I think, I think you've got my screen here, BJ, you can pull it in here, but some of the factors that came up on this article on Cointelegraph, why Solana Price woke up this week, it really has to do with, you know, obviously FTX getting reopened back up. A lot of people thinking there's less likely for Alameda and what's held on the FTX balance sheet, less likely to dump.
Fresh update on "$ 20 million" discussed on News, Traffic and Weather
"Vacations dot com. Performance prep is one of the region's top auto repair shops. Very good at solving complex car problems. And maintenance, maintenance, maintenance. Performance prep guarantees it's worth for 12 months, parts, and labor. AAA approved. Go to pprep .com. Performance prep is $540 on our Tuesday morning drive together. Bill Sports at the Beacon Plumbing Sports desk. Bill Meritor's hot stove trade leading off baseball's winter meetings. Seattle and Atlanta agreed to a five -player swap. The marinership inconsistent starting outfielder Jared Kelnick, veteran lefty Marco Gonzalez, and often hurt first baseman Evan White to the Braves. The M's get two relatively obscure young pitchers Cole Phillips and Jackson Cowher in return. They also jettisoned $20 million in salary next year. At the winter meetings in Nashville, mariners manager Scott Service says a change of scenery might do Jared Kelnick some good. I do think there is a lot of good baseball ahead of him. Very productive. The talent, the skills, they're all still there, and he's young. MLB Network's John Morosi writes Seattle is interested in a trade with Tampa Bay, possibly for All outfielder -Star Randy Arozarena. A disappointing Kraken hockey trip wraps up last night in Montreal with a 4 -2 loss to the Canadians. College football's 30 -day transfer portal is wide open, and of a players ton are moving to other schools, including Washington State quarterback Cam Ward. Washington Place, Texas, and the Big Easy, the Sugar Bowl, New Year's Day, but Huskies quarterback Michael Penix Jr. first is headed to the Big Apple. A finalist in Saturday night's Heisman Trophy presentation. Sports with Swartz at 10 and 40 After the hour, Northwest News Radio. I'm 42. We're going to check in with Kiera and get a traffic update for you in just a couple of minutes. Lincoln County Council is set to proclaim the week of December 25th, the Boys in the Boat week. This is to celebrate the feature film adaptation of the historic University of Washington rowing team that won the gold medal at the 1936 Olympics. Directs the film. of The daughter one of the rowers will be at today's ceremony. It starts at 1 30 at the King County Courthouse. Former UFC Champion Conor McGregor is teasing a run for president of Ireland. McGregor posted a picture of himself on X with the caption Ireland, your president McGregor has been very outspoken against the Irish government after riots happened in Dublin last month in response to stabbings in the city. I'm Trey Thomas. It's 5 43. Stay with us. We'll get back to Kiera in just 60 seconds for an update on traffic. Why is K two vision RLE a permanent solution to glasses, contacts and readers? How is it that you'll never develop a cataract after K two vision RLE? And how is RLE different from LASIK? Hey, it's doctors King and Copstein from K two vision RLE. We'll answer those questions and others when join you us for our free live webinar this Thursday at noon. Andy, what are some of the other questions you hear? Well, how long is the procedure and recovery or who's a good candidate for RLE? And we'll also answer how much does RLE cost? Is there financing available? Does insurance pay for RLE? Find out how K two vision RLE is the permanent solution to glasses, contacts and readers and cataracts too. Right. No more cataracts. K two vision's free live webinar this Thursday at noon. Space will be limited, so register now at K two vision RLE .com. Join us at our free live webinar this Thursday at noon. Sign up at K two vision RLE .com. It's five forty four radio. We are your home for breaking news and for traffic
A highlight from StealthTest - An end-to-end solution for Web3 Development
"Hi everyone, Andy Pickering here, I'm your host and welcome to the Crypto Conversation, a Brave New Coin podcast where we talk to the people building the future in the Bitcoin, blockchain and cryptocurrency space. Five years ago, deep in a bear market, a group of traditional finance experts founded Bitget, and they've been building ever since. Now, with 20 million users worldwide, Bitget is committed to helping users trade smarter by providing a secure one -stop crypto investment solution with copy trading, future trading and spot trading. Your security is their priority and Bitget has one of the largest protection funds in the industry, with US 300 million to cover potential trader losses from unforeseen events that are not due to misconduct from the user or platform. Bitget wants to inspire everyone to embrace Web3, so if you're new to crypto, learn more at the Bitget Academy with free blockchain courses, crypto guides, cryptocurrency trading strategies and more. Or, for the experienced investor, trade smarter with daily access to institutional -grade crypto market intelligence and trends analysis with Bitget Research. I've put links to Bitget Research and the Bitget Academy in the show notes, so get amongst it or simply go to bitget .com. Thank you to Bitget and now it is on with the show. My guest today is Colin Woodward. Colin is the president of StealthTest, a secure cloud -based environment that enables teams to create test networks across chains. various Welcome to the show, Colin. Thanks for having me, Andy. I appreciate it. It is a pleasure. Let's do what we do at the beginning of the show, Colin. Could you please introduce yourself? It would be good to hear a bit about your personal and professional story. It's an interesting one. I've had a look. What have you been doing in the lead up to getting involved in StealthTest? Yeah, certainly. So as you mentioned, I'm Colin Woodward. I'm president and general counsel of StealthTest, which is an API -based software platform and developer toolkit that features private test networks for most EVM -compatible chains. Right now, we're live on Ethereum and Polygon, Moonbeam, Arbitrum One and Arbitrum Nova, and we have a couple of new networks that we're adding just about every month now in two to three -week sprints, so very exciting there. I guess to kind of reel back things a bit, my background is actually as a corporate lawyer by trade, one who was very interested in emerging technology and kind of just markets in general. And as you might imagine, emerging tech plus markets, I quickly found my way to crypto in 2017 and actually kind of was introduced to crypto and perhaps a common fairly way that many people might encounter it for the first time. I was working in a large law firm at the time, and I shared an office wall with a colleague of mine. And one day in 2017, during kind of one of the previous bull cycles, he kind of popped in my office while I was busy at work, and he's like, hey, you ever heard about this crypto thing? It's really big right now, and I think you should check it out. And I said, Dave, I have no idea what you're talking about, but feel free to have a seat and share what you know about crypto with me. And so we chatted for a bit.
Fresh "$ 20 Million" from WTOP 24 Hour News
"Sacklers, it's not really up to a bankruptcy court to make them do that. And aren't other watching companies this case very closely because it could affect bankruptcy law down the road, couldn't it? It could. The two things that have been mentioned the most that it could upset or throw into question are some of the abuse scandals and settlements that have been made with the Boy Scouts and with the Catholic Church in return for no further litigation. Washington Post Court Supreme reporter Robert Barnes joining us. It is Black Restaurant Week in DC and the mayor's office is celebrating by handing out a grant money to help open eateries communities. Mayor Muriel Bowser at the ribbon cutting for Miss Toya's, a new black owned restaurant opening in Ward 7. The mayor's office launched the Food Access Fund in 2021 and offers grant money to encourage new food options in areas with access little to fresh food. And through the first three rounds, we've been able to provide nearly $20 million 24 to businesses, including Miss Toya's. As part this of restaurant week, her office announced an additional investment of $5 million towards closing that fresh food gap. Shayna Stewart, WTOP News. A quick look at the top stories we're working on at WTOP. We're following that developing story out of Arlington where there was a large explosion at a duplex while police were trying to serve a search warrant. Virginia leaders sent a letter to the Biden administration calling for the FBI's relocation to Greenbelt, Maryland to
A highlight from The Mike and Mark Davis Daily Chat - 10/9/23
"Turbulent times call for clear -headed insight that's hard to come by these days, especially on TV. That's where we come in. Salem News Channel has the greatest collection of conservative minds all in one place. People you know and trust, like Dennis Prager, Eric Metaxas, Charlie Kirk, and more. Unfiltered, unapologetic truth. Find what you're searching for at snc .tv and on Local Now Channel 525. I don't think he was on the beach till the break of dawn. He might have been in the spin room till the break of dawn. Will Smith. There are two reasons to play Will Smith. Number one, go into Miami. And the other is Nikki Haley almost gave us a Will Smith moment last night. Keep my daughter's name out your voice or words to that effect. Wow. Let me just hand you the talking stick. You were the guy who was there. How did it go for you? Your coverage was great. Before, after, just spot on and wonderful. Thank you, Mark. And it was quite an experience starting with a Chris Christie by the pool spotting earlier in the afternoon at the hotel. It is true. I can confirm he was not in a bathing suit because I think the only thing more challenging than Mike Gallagher in a bathing suit would be Governor Christie. Neither of that would go over very well with anybody in the vicinity. But he was there with his wife and his kids and his friends. And he was jovial. And I'm kind of glad he didn't go, you know, full, you know, hardcore, full -blown anti -Trump last night. But the whole thing was always fun to witness and experience up close and personal. In the spin room, as you know, I mean, that's where they bring the candidates in after the debate. And true to form, Ron DeSantis spoke to no one. He went right to NBC and that was it. Chris Christie didn't go in. But we had a chance to interview the guy that brought the heat, Vivek Ramaswamy. We sat down with him in the spin room and I'll replay that interview on the show today. And, you know, interesting takeaway. You either loved it or you hated it. And I'm intrigued by every individual's reaction to Vivek Ramaswamy going after the RNC, going after Ronna McDaniel, who I also interviewed in the spin room, going after Nikki Haley. I mean, I have a hunch I know how you land on this. Well, let's go case by case. Going after the media culture, awesome. Making the comment from the stage in an oblique way where still people know what you're talking about and says, you know, I don't know if liberal networks are going to do the best job of covering Republican debates. There's certainly a spotty history of that in the past. That's fine. But hey, hey, you, Kristen Welker, I'm asking you, you know, about Russia collusion. Dude, dude, no, just no. If, if I know that the base like, awesome. Yeah, me too. There's a part of me that did that as well. But to me, it's a time now where if you're on a debate stage, here's your job, make more people want you to be president. And first of all, the Tucker Carlson base wasn't watching last night. There are people banging on us right now for talking about it. You ought to be talking about the Trump rally and we will. So I think that was largely a misfire, even though the material was good. Okay. Strongly disagree with you and let me tell you why the room erupted in cheers. That wasn't Tucker Carlson's base in that auditorium last night. The crowd loved it. They ate it up. And Mark, I got to warn you, my friend, and I love you. I love you like a brother. When you're defending Kristen Welker or NBC, you might be on the wrong side of it. Did, did they, did you expect them to bury the candidates with January 6th nonsense, questions bombarded from the left? I kind of did. They did not do it. No, no, no. By and large, they kind of did okay. Don't get, don't get me wrong. We're saying two different things here. First of all, I thought the debate overall was terrific. I thought they did a very good job. It was substantive. They, Hugh Hewitt, our colleague did a terrific job. Of course, he got his shipbuilding question in there. You knew that was coming. Ten minutes of shipbuilding. I was a little bit surprised. He didn't ask if Alger Hiss was really a spy or not. But, but, but listen, and Hugh was magnificent. He, I was so proud of him. And of course he's our friend and colleague, and I got to catch up with him before and after the debate, but the vague wasn't going after last night's debate. The vague was going after them for what NBC did to Trump all through the Russia collusion hoax. The vague was calling the mainstream media out for being the mainstream media and Don got it. Mark, you ought to salute that. You ought to cheer for that. And I do, and I, and sure, sure. Yay. Absolutely. I got a thing for our candidates playing hard and playing smart. The vague came off as an ass in that moment, an ass we like, our ass, if you'll excuse me. But, but it's just, just, just, it's, it's smacked of desperation. Him going after, him going after Ronna McDaniel is more fair game because it's about, and him going, and okay, then the third, third of the case by case is going after Nikki on Ukraine forever war is great. That thing about the daughter on TikTok, how dumb can a smart guy get? But the floor is yours. Tell me what you're doing. Let's rewind because first of all, you buried the lead. You and Ronna McDaniel agree that he went, he was an ass because that's apparently what she said. There were reports that people in the crowd heard her call him an a -hole from, from the, from the audience and was livid at him. Again, Mark, I love you, buddy, but you got to look in the mirror. You're on, you're siding with Ronna McDaniel on this. Can I roll the tape back 15 seconds where I said him going after Ronna McDaniel is completely fair game. But your reaction to him is exactly the same as Ronna McDaniel's. So you might want to check yourself. Ronna's reaction to him was because he came after her. The thing that she's most upset about, I'm not upset with him at all. You're wrong. Ronna McDaniel's reaction was about the daughter thing, the TikTok thing. Okay. Oh, do you think it was a really, do you think it was a good idea? Are you ready to go all in and go, you go Vivek. Are you, did you love the moment where he invoked Nikki Haley's adult daughter? Yeah, she's 25 years old. She's fair game. Did you think that was a good debate moment? Of course I do. Of course I do. Of course it was a good moment. He's calling out another candidate for saying you talk the talk with TikTok. He's desperate and he knows he's not going to be president. He just desperately wants the clicks and desperate. And I like the guy. I really do like the guy. It doesn't sound like it. This is intriguing to me. But you know what? Because it was a time for grownups. It was a time for grownups. Nikki Haley was quite the grownup in many ways. And DeSantis was a grownup in many ways. Chris Christie surprisingly looked like a grownup in moments when he wasn't back on track. Was she a grownup when she called him scum? No. You think Nikki was a grownup when she said you were just scum? No. Come on. I mean, no. She's establishment. And I got, I'm sorry. I'm at a point now where I'll, let's get it all out on the table. I got no use for her. I got no use for, at this point, DeSantis. I mean, I'm at a point right now where I like the disruption and I love Trump. And I love the fact that Vivek, listen, all the things we supposedly love about Trump, you seem to not like about Vivek. You think only Trump can be the disruptor? It's, you know, it's weird. Trump has a disruptor skill set that Vivek thinks he has and he doesn't. And you mentioned Nikki, you've touched on a perfect thing. So there's Nikki who said at one point to Vivek, you're just scum, which I totally understood, but it still was jarring. It's like, ooh, ooh, ma 'am, you didn't need to do that. But, and I instantly heard back and say, yeah, but if Trump did it, it wouldn't have been a problem. Pretty true because that's Trump all the dang time. And it's kind of baked in. I think he's a smart guy. I think he's compelling. I think he's absolutely a disruptor. And by the way, he evoked the scum comment. He got to her, which is the point of a debate. He did exactly, he got under her skin and he rattled her. And that's why, and listen, I mean, again, and maybe I'm partial. He came right over to our booth afterwards. We spoke afterwards for a few minutes. Well, that could be part of it. That's why you're done with, DeSantis was awesome last night. You just hate that he didn't come talk to you. No, I say I'm done with him. I do hate that because he disrespects you and my audience. He disrespects people who listen to my show. I'm going to be very blunt here. DeSantis has blown the Mike Gallagher show off for the entire campaign. And it's a mistake. Incidentally, last night, he also blew off Newsmax. He blew off Univision. He blew off town hall. He didn't have any use for anybody in that spin room instead of trying to win over hearts and minds. And incidentally, a major donor, this Bigelow guy for the DeSantis campaign, $20 million for DeSantis Super PAC, he says now he's probably out. He's going with Trump. That's a huge, huge blow to the DeSantis campaign. The dogs don't like the food. I don't know what, and you're right, DeSantis, like he always has done last night. He's great, but it may not have mattered one bit. May not matter one bit. And that's what you said before the debate. Will it matter one bit? And I don't know. I mean, but he was great. He said all the right things. He does all the right things. He's very controlled, very measured. I promise when I'm offended that he won't give an interview to this show. I'm teasing. I'm totally teasing. But no, I promise why I don't like it. It's my audience. He's disrespecting the audience. And it's also just objectively, we'd like all of our candidates to be really, really smart. Trump is a genius. Trump, not just because he'd go on with you, but he'd go on with a bunch of other hosts. He gets into the mix, takes calls, mixes things up, gets into the back and forth. He is so comfortable in his own skin. And that's what you kind of want for our standard bearer. And DeSantis is smart. He's capable. His answers are good on a debate stage, but he doesn't have that yet. That total comfort in his own skin. And newsflash in terms of accessibility, I probably could have Trump on any day that ends in Y on the Mike Gallagher Show. He's willing to come on. He gives interviews. I mean, I used to say he'd go on the Weather Channel if he was invited. He goes where the people are, you know? And he's a man. He really is a man of the people. And he's willing to go on Mark Davis Show. He will give interviews left and right, and DeSantis does not. Now, maybe that speaks to his team. I don't know. I don't know who makes these decisions. It could be one of his aides, but it's just dumb, and it just frustrates me. I was intrigued. I did have a good candid conversation with Ronna McDaniel. Boy, a lot of people calling her out. Charlie Kirk yesterday went scorched earth just saying she needs to be replaced. I don't know. Is that fair? I think she's over -criticized at times. But then there was Frank Luntz, pollster Frank Luntz, who's smart a lot of the times except when he's not. He said, boy, Ronna McDaniel is the GOP's secret weapon, a great speaker and a great strategist. I said, you got that right? It's a secret so deep, nobody can see it. And the last couple of election cycles, the last couple of election cycles do not speak to genius strategy, the RNC. So I don't know what we wanted to do, more of or less of. I don't know, but I don't know who'd be better. I mean, maybe, maybe a Harmeet Dillon should have won that post. I don't know. Well, you know, you could make a case if you look at Tuesday and here we go again with another rotten night for the Republican party. No way around this, Mark. And some people would say, hey, the blame goes there. Now, Ronna, I asked her about it in the interview. Again, we're going to play all these interviews today on the show coming up, but she told me, look, Virginia's a federal entity. We can't, there's only so much we can do in a state. She touted her own achievements, but I get that criticism. I understand it because Mark, like it or not, we got walloped Tuesday. Virginia, the whole legislature flipped.
Fresh "$ 20 Million" from WTOP 24 Hour News
"Our area should couple days around here. Mhm. Mhm. Good morning. I'm dan Ronan. Thanks for joining us here on the overnight shift on W. T. O. P. R. Top story this morning. A house in the Blue Mont neighborhood of Arlington exploded monday night as police outside attempted to serve a search warrant on someone who was inside. The explosion at the house in the 800 block of North Burlington Street devastated the house duplex and was felt and heard throughout the area. Christian johnson was several blocks away at the Super Pollo restaurant on Wilson boulevard when the blast happened around eight p .m. Like thunder rolling thunder, you something know, like that, like a loud thunderstorm. I'd say like a big boom. Arlington County Police spokeswoman Ashley Savage says police were outside since 4 45 p .m. when they responded to flares being fired from the home. We were attempting to do the search warrant. We were attempting to make contact with the individual when shots were discharged inside the residence. The shots were promptly followed by the explosion. Officers received only minor injuries. Some homes in the area evacuated. were In Arlington, Dick Ioliano, WTOP News. The FBI and ATF are assisting the Arlington County Police in this investigation. You can see video of the explosion. It is a massive explosion on our website at wtop .com. New this morning. this Back in August, 16 -year -old Naomi Lindgren of Waldorf was stabbed and killed after an argument outside of a McDonald's in DC. On Monday, another 16 -year -old Waldorf girl who was charged with her murder entered a guilty plea in case. the The Washington Post reports the 16 -year -old was set to go on trial Monday on a degree first murder charge but reached a deal with prosecutors pleading guilty as a juvenile. She is to scheduled be sentenced in DC Superior Court next month. She faces confinement in a juvenile detention center until she is 21. A police officer charged with murder took the stand in his defense in Prince George's County on Monday. He's the first officer in the county to be charged with murder in connection with actions taken while on duty. Mike had finally a chance to tell his side of the story after not being asked. Mike is Corporal Owen Michael who's facing murder charges in the death of 43 year old William Green who was shot six times sitting in the front seat of Owen's cruiser nearly four years ago. On the stand he explained he acted in self -defense arguing Green high was on PCP and getting belligerent in Owen's cruiser. Owen said they started jostling and that's when Green grabbed his gun from his holster. After a fight he said the gun went off but it was never made clear who Owen was suggesting fired the first shot. He then testified he didn't realize the gun he used to shoot Green was his until after. Terry Arnes is a longtime friend of Owen. Finally got his voice heard today. At the courthouse at Upper Marlboro, John Doem in WTLP News. 206 good news for students who love snow days. Who doesn't? The Fairfax County Public School System says it's changing its course allowing for days off during the winter weather instead of virtual learning. School officials say there's now enough room in the school calendar to make all it work. Students in Fairfax County will get to enjoy snow days this year without having to worry about logging on for virtual learning. Superintendent Michelle Reed says there won't be any virtual learning days when school has to close for inclement weather. That's a change from the last few school years when the county said the first five inclement weather days would be traditional snow days but then snow days after that would become unscheduled virtual learning days with live class. Reed says the is change possible because there are 11 snow days built into the existing school year calendar. Students in nearby Arlington also have will 13 traditional snow days if needed and Montgomery County's plan allows for either a full closure or remote learning. Scott Gelman, WTOP News. This week is Black Restaurant Week in DC and the city announcing is more money to help bring more healthy options to underserved areas. This is a big opportunity for us all to bring in our full service restaurant to this wonderful neighborhood. Chef Jeff Mascari who owns several Creole restaurants throughout the DC region, is opening his new restaurant Miss Toya's in Penn Ward 7 Branch in neighborhood. the Thanks in part to the Food Access Fund, a grant program launched by the DC Mayor's Office in 2021, Mayor Muriel Bowser. We have worked very hard over the last several years and very intentionally to make sure that we're bringing more food, more fresh food and sit down restaurants towards 7 and 8. The administration says it's now investing an additional $5 million into the grant program, on top of nearly $20 million already invested. Shana Stewart, WTOP News. Coming up on WTOP, there's a lot of news on the airline industry front this We'll morning. have a report coming up, WTOP News Time heating tune up for only $59. Traffic and weather on the 8th. Let's go into the WTOP Traffic Center. Here's Brian Alban. And so Dan, the good news for folks riding down 95 southbound in Virginia is that intermittent
Former ICE Director Tom Homan Exposes National Security Failures
"Homan, former ICE director and president and CEO of border911 .com. Tom, thank you so much for taking the time. I want to play a piece of tape here that has been making the rounds and then we'll riff on it. Play cut 54. I've done this job for over three decades. I've never seen numbers anywhere near this. This is drastic. This is the biggest national security failure that I've seen in this country since 9 -11. This is historic. I promised President Trump when he announced it, he goes back, I go back, and I'm going to run the biggest deportation operation this country has ever seen. Because these massive people being released in this country, 9 out of 10 will get order removal based on immigration court data. A judge order is removed. We're going to find them and we're going to remove them. There's no consequence. We can't fix the border. We're going to have a consequence in the Trump administration. Tom, tell us about it. A second Trump term, the largest deportation force ever seen. Tell us more. I've met with President Trump many times. I was one of the first guys that he met with when he re -announced his coming back and I told him I'd come back in a minute. I told him I'd come back for free because I'm so pissed off what this administration did. We gave this administration, Charlie, the most secure border in my lifetime and they unsecured it. The first president in history's nation that unsecured the border. So I promised President Trump I'd come back and people need to understand, these millions of people that are released in the United States, if you look at the immigration court data over the last decades, people claim asylum at a border. Nearly 9 out of 10 never get relief from U .S. courts because they simply don't qualify and they're going to be ordered removed. And we're going to remove them under the Trump administration because if you're demanding due process, which we give them, due process doesn't mean squat. It's a final decision of the courts aren't carried out. So we're going to find the 9 out of 10, they get order removed, we're going to locate them and we're going to deport them because there has to be a consequence to breaking the laws of this country. What do you have to say to some people that would, you know, say it's not logistically feasible to deport millions of people? You know, it is very difficult and do I think I removed 20 million people? No, but we do it one at a time. No one's off the table. Listen, if the immigration court, if the judge orders somebody removed and we don't remove them because it's too hard, then let's shut down the immigration courts too because the final orders obviously don't mean anything. No, we need to carry it out. And look, if we work with Congress and pass a legislation that if you get an order of removal from the courts, you don't qualify ever for amnesty, for DACA, for any benefits, that will certainly help to self deport many people. You've got to cut it off. You've got to stop rewarding people of illegal behavior. Whoever they're going to do to become fugitives, they get order removal. They don't leave. They'll hide out. They'll hide out long enough for the next giveaway, the next amnesty, the next DACA. We can't allow that. That has to stop.
Fresh update on "$ 20 million" discussed on WTOP 24 Hour News
"For either a full closure or remote learning. Scott Gelman WTOP News 7 news. First alert meteorologist predict more snow this winter than any other season over the last five years and we could see the first few flakes tomorrow night. It's Black Restaurant Week in DC and the mayor's office is celebrating by handing out more grant money to help open new libraries in underserved communities. 1, 2, 3. Mayor Muriel Bowser at the ribbon cutting for Miss Toya's, a new black owned restaurant opening in Ward 7. The mayor's office launched the food access fund in 2021 and offers grant money to encourage new food options in areas with little access to fresh food and through the first three rounds we've been able to provide $20 million to 24 businesses including Miss toys. As part of this restaurant week, her office announced an additional investment of $5 million towards Toya's. Coming up on O .P. A huge new pickle ball facility is opening in the area. It's now 908. Michael and Son's heating tune up for only $59. Michael and Son. Traffic
A highlight from MASSIVE XRP PUMP! (Ethereum Not Done Yet!)
"Today is a great day to have a new set in crypto. How are we all doing today? It's 11 -6. It's November 6th. It's 11 -32. Sorry. It's 10 -33am. How are we all doing today? We got a new set. We got some new people. This is going to be phenomenal. Look at that lighting down below, folks. It's lovely. I'm loving it. Hey, chat, let us know what you think about it. But guys, we're going to be talking about XRP. Why is XRP pumping? What is going on with Ethereum? Is there more activity? XRP is the crypto market's back is all -coin season starting. Also some huge Bitcoin ETF news as well and Grok AI, the AI that most resembles a caveman's name. But yeah, we got Drew and Kelly. I don't know which way to look. Do I look at the camera? Do I look at chat? Do I look at these two lovely gentlemen? Look me in my eyes. All right. Let's maintain eye contact for the entire show. Love the new set. It looks amazing. Nice. Nice. Okay. A little bit of an echo. Special shout out to our entire team here at Hit Network, BJ, Aaron, and Joel, and Bobby, and Owen. There's so many people who just work tirelessly. If I forgot anybody's name, a lot of you. Love you all. We appreciate how much hard work you do. Really special shout out there. Drew, any message on the beginning of the set? How do you feel about it? Man, it's just - You helped carry some things. Yeah, no, it's nice to have a fresh start. And I mean, this is just, it feels as professional as we act every day. Oh, that's not at all. I mean, I don't know. We bring the heat. So we have a new set up here. It's nice to be able to conversate back and forth with you guys, bounce ideas by each other a little bit more organically as we go through the news. So - Legit, because he DZ being a future Jimmy Kimmel. No, I will never be the CIA's puppet master. Okay. I will never be their puppet. All right. Let's get right into the show here, folks. Guys, let's see if I can share your screen. Make sure you're following us on Discover Crypto. We just put out two phenomenal videos over the weekend. In this Cardano video, I also added it to my pin tweet here, if you want to see it. But I highly recommend you go check it out on YouTube. Get in there, get in the chat, leave a couple of questions, we'll start replying to the videos. I don't know how I'll do it with the next video, working on some top three tips to master the bull run for the first hour that the video's out, we'll go ahead and maybe we'll engage with you. So if you've got any questions, I'll jump in there. Also, we did another video on Jimmy Bitcoin. The heist Bitcoin is stronger than any Bitcoin heist in history, billions of dollars. So it's a really, really good video. I recommend it. He's like the Bitcoin heist meister. He's the heist meister. Yeah, yeah. He's not Heisman, but he's the heist man. All right, folks, make sure you go to hit merch as well. And I think it's time for us to just get right into this Ripple story, folks. Ripple gaining momentum, $850 million, and whale buys push price above 75 cents here. You see it broke out above a critical 65 cents resistance, and now it looks like it's off to the races. So over the last two weeks, crypto whales have been spotted buying XRP aggressively. Not only are the whales buying, they're buying aggressively, folks. As of 2023, the event edges is now the best time to get crypto. You know what? I can see why Bobby's wanting me to move left. I tend to lean to my right. All right, between October 24th and November 6th, the whales, how much XRP did they acquire? 1 billion .26 XRP, folks. And if XRP does say go to $2, $2 .50, even $4, talking about billions of dollars here. So they're bringing their new balances to a new 2023 peak. So we're at a new peak for XRP balances on the whale wallets here. Now there is a big event coming. It's the 2023 edition of Swell Digital Asset Conference in Dubai later this week. It's an invite -only event. So we'll feature keynote speeches and dialogue with some leaders, regulators, and innovators. Now Drew, you're kind of Mr. XRP here. I think you're probably the biggest fan of XRP. The whales are buying. Now are they going to start dumping? No, I mean, we'll always see a little bit of sell pressure, but I think that banks being even just slightly willing to test out XRP and its remittance payment systems and these continuing patterns growth that I see for Ripple in general, I think that things across the world are seeing this. The US still has the gray area, but the rest of the world is feeling ready for it. So I don't think that that'll be on us anytime soon, a big dump. All right. All right. More conspiracy talk. You guys are always on point. No, no, no. We got to get off the rails here. Poor Jimmy. You know what? Poor Jimmy Zong. That's the only Jimmy I like talking about. All right. Here we have the social dominance chart. So this blue line is where people mentioned XRP. So when you see a little bit of spike in social media chatter, oftentimes you're going to see a little bit of a price increase as well. But sometimes social media chatter precludes the pump. Sometimes it's after the pump. They're just, it depends because as a coin doubles in price over a month, people will just start talking about it naturally, even if nothing else is going on. But so here's the social dominance metric is showing the percentage share of a cryptocurrency in comparison to the 50 most talked about projects in the crypto media channels. So they'll just look at keywords, how many TikToks are being made and compare it to the other 49 coins there. But having cleared the resistance at $0 .65, XRP price now faces minimal resistance on the road to $0 .70 as well. So not only that, though, we also have Deaton coming out. He was coming out in favor. So there's a little bit of a settlement with the SEC versus XRP months ago where, hey, programmatic sales, hey, that seems fine. But when you're selling to a hedge fund, that seems bad. So we had one win, we had one loss, and we're saying, so this is like a 50 -50, right? This is like a 50 -50 win -lose. So Deaton's coming out saying it is not 50 -50, it is 90 % win, 10 % loss. So we're looking at more of a 90 -10 ratio here. So here, let's just get his quote out here. In a recent post, he strongly refuted the idea that the result was close to a 50 -50 outcome here. The people who argued that the SEC got a 50 -50 victory in the ripple crates are 100 % right wrong here. I'm still messing around with it. It was more like a 90 -10 in Ripple's favor. If Ripple ends up paying $20 million or less, it's a 99 .9 % legal victory. Did it feel like a 99 .9 % legal victory, Drew? Yeah, I mean, absolutely. A lot of the talk from famously like Pomp when we first got the Ripple case laid out, he's like, oh, you're holding securities, but kind of dancing on the graves of people that held XRP, even in the retail, which I think was just an absolute spit on the face disservice and a to our freedom to transact and to have new systems come about to do those transactions. So seeing even these chunks of wins from XRP and Ripple are massive, massive gains in confidence for people across the world. Now they're looking at this thing and many people are calling it the most regulated crypto on earth just from these recent wins. You brought up gains of confidence. You think I care about the gains of confidence? I don't care about the gains of confidence. I only care about the gains in price. And that's where we're going to go to Kelly here. Kelly, we have some charts here. I don't know if you're looking at XRP, but yeah, 65 cents, 70 cents. Is that all just a facade or is there a real support and resistance happening here? Well, it's throwing it here to the chart. We can see that this is essentially a chart I've been looking at for some time. And interestingly, we have this sort of uptrend parallel channel that on this break to the upside, which is when we have that initial news breaking of the sec the court case stuff that we got this massive pump and essentially rejected right here at a known level that goes all the way back. I mean, this goes all the way back to this base point here, December, 2020. So this is a pretty interesting when the price was going, I was looking at this suggesting, and this is going to be likely turnaround point. We got a stiff rejection off that until we broke down and tested the lower bound here. Got a deviation below. Now why will we have a deviation below is because these smart money people out there, these the people that really understand how to move the markets, they try to do everything they can to trigger those of you and those of me and drew DZ. Everybody that's in this market is subject to emotions. And those that are in control of their emotions and have a sound strategy and risk management doesn't get triggered by this consistently. But those, somebody sold down here cause they thought it was going lower. Oh man. It gave that opportunity for a lower entry for a long, okay. Now we're seeing here, especially where we're at in relationship to the having coming up and we have all this stuff on the horizon about the the IPO for ripple. And we have all these court cases winning into to your point earlier. I don't think they're going to win a hundred percent, but I think that's baked in. I think in the sense that at 99 .8 % or whatever, they're going to have to have some concession not to make Gary Gensler feel like he completely has, you know, a full face of egg on it. So there's going to be some sort of small fine paid or some concession that they have to make, but it's literally just going to be the fee of doing business. We see this also, it's not, it's not the end of the world. We look at you know, traditional banking, they've had $40 billion in fines since 2000 traditional banking. And yet there's, you know, they're able to continue doing business because it's the price of doing business. Now, are these levels that you're talking about? You said 65 cents. Yeah. 65 cents. And then a lot of resistance at 70 cents as well. 65 cents is right here. This previous range high that we broke through. I do think if we come back down, this is a great area. If we're very bullish, this is a great area for price to bounce on. It doesn't mean if we lose this, it's not bullish anymore. In fact, we can come all the way back down here to this horizontal line. That's in perfectly a basically cross section right here to that 60 cents level. This would be a great opportunity for another, you know, still bullish pullback if we come back to this level. Now, if it does continue to run, where is it going to go? Are you going to buy DZ? Are you going to buy on the way up if we get two candles in a row that are still bullish and we break 85 cents, is that a signal for you to buy and prices just running higher? You know, as much as I like candles, I don't like buying wicks. And so just I even when it hurts me, I just I'm averse against buying wicks. Yeah, no, I hear that. And so the point here is if things are running, that's a signal that there's a lot of stuff going on. Let the pullback let the chart come to you in your strategy so you can so you can make a smart buy. Now, let's go ahead, look at Bitcoin, Bitcoin and an interesting sort of channel that it's it's trading here. A lot of people are speculating. Is this going to be a setup for a sort of kind of flopsided bar pattern where the price action actually continues chopping in here only to break down and, you know, to this level? But why is that level important to previous high level that thirty two thousand dollars? Now, whether we continue higher or pullback down there now, at some point, I do think we're going to test below this range that we're in right now. Things are I mean, we see the momentum here is trending down while the price is still slightly turning higher. So there is some signs that we may be having some issue here coming up fairly shortly. I think C90 says the best. We're too far away from the having to not have at least one pullback. I don't know if it's going to start tomorrow. I don't know if it's going to start two months from now, but we're looking at an April twenty twenty four halving date. There's I'm assuming it's going to be much more likely than not in those six, five, six months. We'll experience a pullback now. Everybody want and I just did a video on this on the bit lab morning stream talking about the pump season. It's holidays. Everybody not only has a bias that they wanted to go up because you want to feel happy during the holidays, but there is data out there. There's data out there that shows that on average, November has a thirty seven percent pump to the upside. But that doesn't that doesn't mean every November is a thirty seven percent pump. There are some November's that have been negative. Basically, you've lost value in November. And we can see on this chart right here, this is seasonality. This is Q4. These these yellow bars, horizontal bars. This is Q4. And yes, we had a pump here. But look, we had a dump here, consolidation here, pump here, break down here. So you have to you have to take it into the context of where you're at in the market cycle compared to the halving. So as it stands right now, I do think we very well could get a pump. But look how far we still are from having to me if we do get that pump, I'm going to be looking for an opportunity coming into the halving for still some lower prices to whatever level we pump from pump two. So I would just urge caution. The higher we go, start looking for opportunities for prices on a pullback. All right. Let's say what is the coin you want to get more of during a pullback? I'm just going to say boring Bitcoin. I feel like I don't have enough Bitcoin. So if there is a pullback, I think I'm a scoop up some more bitty. What about you two? I'm going to be going after Cardano next. That's the next big bag. I have too much of it. What about you, Kelly? Well, I'm torn because I mean, look at pull up this chart real quick, because we see dominance is coming into a known zone. Not a carry off. Do you like Natalie and Bruglia? I'm told that's how I was trying to think of the song is that I'm still coming into this zone. Dominance is pulling back. We're seeing a little bit of capital rotate out of Bitcoin. And we also see the Ethereum dominance broke. Everybody wants to see this breaking, thinking every alts are just going to moon. But we still could very well have those alts pull back. So it's still a little bit. Everybody wants this to be an alt season because we're seeing some pretty big gains, you know, also because we're all overexposed in alts. That's why. Yeah. You know, one of those ones, everybody was kind of taking a little doodoo biscuits on was right here. Albert Rand. Everybody was saying they thought it was dead because they're also doing that rebrand. But look at this 45 percent pump. But it's pushing higher. But don't get lost in the bias just because you're feeling good in a green candle. Look for those pullbacks. If I had to pick one, it would be Bitcoin.
A highlight from The Elon Musk Problem
"I do not respect the SEC. I do not respect them. It seems like a tale as old as time. But how did this feud start, and more importantly, who's winning? Today we're looking at Elon Musk's battle against the SEC and what that means for the future of crypto. It's time to discover crypto. Musk's struggle with the SEC started back in August 2018 when he tweeted about potentially taking Tesla private. A few days later, Musk claimed Saudi Arabia might be interested in funding the privatization plan. At the same time, rapper Azealia Banks accused Musk of being on drugs when he posted that tweet. Rumors circulated that the SEC had subpoenaed Musk and Tesla shares dropped. The SEC probe continued and Tesla shares kept dropping until Musk finally announced that Tesla would remain public. Then in September, the SEC accused Musk of securities fraud for allegedly making statements he knew were false. Only two days later, Musk and the SEC reached a settlement. Musk had to step down as the chairman of Tesla's board for three years and pay a $20 million fine, which would be matched by Tesla, a total of a $40 million penalty. Pocket change to Elon, but the most important of that settlement was that Musk agreed to have all future communications approved by Tesla directors. But it was obvious Musk wasn't exactly happy with the terms of the settlement because less than a month later, he went on to insult the SEC, first in a tweet on October of 2018 and then in an October 60 Minutes interview, during which he said he had no respect for the SEC and also implied that he wasn't taking the order to have his tweets approved seriously. Then in February 2019, Elon Musk tweeted about car production and the SEC pounced again, asking a judge to hold Musk in contempt for violating the settlement. He once again published inaccurate information about Tesla to his over 24 million Twitter followers. Musk's legal team argued that the SEC was overreaching. They claimed Musk's tweets were close to previous projections and that the SEC was expanding the terms of the settlement to any information relating to Tesla. The SEC shot back that Musk wasn't acting in good faith. Finally, they agreed that Musk wouldn't tweet any information about Tesla's finances or production numbers without a lawyer's pre -approval. Seems to me an overreach on the free speech of an American citizen. Throughout the rest of 2019 and 2020, Musk continued to exercise his freedom of speech, almost like he was trying to find the line between securities fraud and his right to express his opinions publicly. A line that our government purposely keeps vague because that makes it easier for them to punish undesirables. When he tweeted that Tesla's stock price was overvalued, Tesla stock fell from $58 down to $45. And then in July of 2020, Musk targeted the SEC again with a tweet that some considered insulting innuendo. I wonder what that stands for. Interestingly, Tesla also dissolved its PR team around this period, which made Musk's statements the sole face of the company. Then in November of 2021, Musk took issue with some rhetoric in Congress surrounding the unrealized gains from the mega rich. Various politicians claimed it's unfair that billionaires can hold huge amounts of stock, take out loans against those holdings, and never pay taxes. So Musk decided to take it upon himself to show that selling stock would only hurt normal American investors. He put up a Twitter poll asking whether he should sell 10 % of his Tesla shares, receiving even more criticism from politicians. The Twitter poll came out in favor of Musk selling and he starts selling off shares. Later, Elon's tax bill came in at $11 billion. You're welcome, US government. But then Tesla's stock plummets from $413 to $330 in four days, which is a lot for traditional markets. The stock rallied but then kept falling through January when it reached around $265.
A highlight from BITCOIN, XRP, & ETHEREUM PUMPING! HIGHER PRICES THIS WEEK??
"The crypto market is pumping. Bitcoin is back over $35 ,000. Ethereum hit $1 ,900. XRP over $0 .68. Solana over $41. Cardano over $0 .34. Can we anticipate higher prices this week? Let's break it down. Welcome to the Thinking Crypto Podcast, your home for cryptocurrency news and interviews. If you are new here, please hit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform like Spotify or Apple, please leave a five -star rating and review. It supports the podcast and it doesn't cost you anything. Well, folks, the market is moving and it could be the Asian markets because it's Monday for them and they may be investing in the market, pushing things forward. Regardless, we are seeing green and I'm happy about that. We are waiting for Bitcoin to continue its move up because Bitcoin is the rising tide that lifts all boats and Bitcoin could certainly go to $36 ,000 this week, or it could make a big green candle and move all the way up to $40K. We'll have to wait and see how things play out. But nevertheless, it's looking bullish. It's building support levels here, and then it's going to bounce off those support levels. Now, the alts are looking very strong. ETH is looking really good. XRP is looking really good. I hold both of those in my portfolio. And here's what Crypto Wizard is saying for both XRP and Ethereum. So let's start with Ethereum. He shared a chart here saying Ethereum is gearing up for a breakout from the 296 days of pure accumulation. On his chart, he's showing a move to about $3 ,400, $3 ,500, and possibly to $3 ,600. So this is the retracement move, not the move to new all -time highs, right? Similar to Bitcoin, we're anticipating Bitcoin's move to a target between $40K to $50K. We don't know what the exact top is going to be. Then a rollover to test some of the lows again before slow and steadily moving upwards into the next bull market. So the alts will have a similar pattern, a retracement move, so not to new all -time highs. And I'm certainly going to be taking profits on Bitcoin and ETH, possibly XRP too. He's charting here that the road to 74 cents has started. XRP is up over 10 % from the call he made 48 hours ago. He says a breakout of this ascending triangle in the XRP BTC chart will grant liftoff, perfectly charted and predicted, executed, see below. So he shared his notes from previous tweets. So I think we're going to see a lot of alts move and hear XRP and Ethereum obviously in the top five, top six, or top 10, I should say. They're going to keep moving upwards. So let's see where things go this week, folks. I think we can anticipate higher prices. The question is always, what's the top going to be? So if you are looking to take profits, have a plan, know what you're going to do, and I'm going to take some profits certainly as things keep moving up. Definitely on Solana as well. Solana is up 26 % from a seven -day perspective. And look here, XRP is up 23 % from a seven -day perspective. So that's pretty strong guys, looking very bullish. Now we got some news from attorney John Deaton regarding the Ripple case. As you all know, the SEC dropped their lawsuit against Ripple CEO, Brad Garlinghouse and Chris Larson, the founder of Ripple. So the SEC is in a losing position right now. John said the people who argued that the SEC got a 50 -50 victory in the Ripple case are 100 % wrong. It was more like 90 -10 in Ripple's favor. If Ripple ends up paying a $20 million fine or less, it's a 99 .9 % legal victory. He's absolutely right. Because when you think about all the things the SEC threw at Ripple, saying XRP is a security in all aspects, not in certain aspects, suing Brad and Chris, and just making all types of accusatory statements and so forth over the years, and now the SEC is in the losing position. And folks, I smell blood. So we got to go for the juggler here. We got to put the pressure. We got to keep exposing scumbag regulator, Gary Gensler, not only in this case, but in the Grayscale case and the Coinbase case. We got to put the pressure on because this guy is working with our tax dollars and doing all kinds of buffoonery, lies, hypocrisy, not following the law. And those are not my words, folks. Those are the words of the judges saying the SEC lacks faithful allegiance to the law. So it's up to us to hold these folks accountable and we can make content and contact our representatives and do much more. So John's spot on here. Now there's some crypto funding news that I want to share with you all. Here's the showing more capitals coming into the market, both into coins, as well as the companies building the infrastructure for the market. So two projects focus on zero knowledge, the cryptographic concept of proving a statement true without looking at its contents. Announced funding rounds this week, Variant and 1KX headlined a $6 million fundraise for Modulus, a startup using zero knowledge to bring AI on chain. Stanford University's Blockchain Builders Fund also participated. Look at that folks, Stanford University. Look who's getting involved in investing in crypto, right? Modulus pitches itself as using zero knowledge proofs to let AI developers check that their tools are working as intended without sacrificing decentralization. In a blog post announcing the fundraise, the company said a partnership with Whirlcoin is in the works. Now you all know how I feel about Whirlcoin. I believe they're solving a serious problem. However, the way they're going about it is pretty draconian, right? Scanning your retina and putting your data on the blockchain. We need to make sure that that data is protected and they're not going to be selling it and doing all kinds of stuff with it. So Evolution Equity Partners led a $5 million funding round for Boston -based Toposware, a software development firm hoping to woo developers into its ZK ecosystem. Polygon co -founder Sandeep Nairwal participated in the funding round and is listed as a member of Toposware's advisory council alongside Meta's director of infrastructure and global general manager of IBM. Some other notable fundraisers include Hong Kong -based Animoca Brands received $50 million from a fund owned by Saudi Arabia's Public Investment Fund to boost Saudi Web3 development. Now that right there should be a headline, right? Hong Kong -based Animoca Brands got $50 million from the Saudi Arabia's Public Investment Fund to boost the Saudi Web3 development. Folks, it's happening globally. The adoption and investment and building out of the crypto market infrastructure. The Ecubo Protocol, if I'm saying that right, automated market maker, also known as AMM, is poised to raise $12 million from Uniswap's DAO after an initial community token vote. Tech investment giant A16Z is reportedly aiming to raise $3 .4 billion for its next round of venture funds. The firm plans new crypto investment vehicles in 2025. So we talked about this news earlier this week. Base's Surf Derivatives Exchange raised $3 million from ABCDE and others to support its creation of the contracts -based version of Uniswap. Very interesting. Folks, this type of news gets my juices flowing, right? I see the capital coming in, the money is flowing in. And like I said, it goes to both the tokens as well as the companies building in the market. So very bullish news. Finally, guys, don't forget to check out the sponsor of this podcast, the official sponsor, Uphold, an exchange I've been using since 2018. They have 260 plus cryptocurrencies. They're safe to use. They have proof of reserves. They do audits. They don't commingle your funds. Everything is backed up and they have a great app and a great platform. You can also trade precious metals and 37 fiat currencies on this platform. Like I said, I'm a user of Uphold. It's great. So be sure to check it out. Link in the description. And let me know what you think about this news. Leave your thoughts and comments below. You think Bitcoin and altcoins will hit some new higher prices relative to this current cycle this week. Let me know. Leave a five -star rating on the podcast platforms as well. Thank you. And I'll talk to you all later.
A highlight from Cubist - Solving Key Management
"Hi everyone, Andy Pickering here, I'm your host and welcome to the Crypto Conversation, a Brave New Coin podcast where we talk to the people building the future in the Bitcoin, blockchain and cryptocurrency space. Five years ago, deep in a bear market, a group of traditional finance experts founded BitGet and they've been building ever since. Now with 20 million users worldwide, BitGet is committed to helping users trade smarter by providing a secure one -stop crypto investment solution with copy trading, future trading and spot trading. Your security is their priority and BitGet has one of the largest protection funds in the industry with US $300 million to cover potential trader losses from unforeseen events that are not due to misconduct from the user or platform. BitGet wants to inspire everyone to embrace Web3 so if you're new to crypto, learn more at the BitGet Academy with free blockchain courses, crypto guides, cryptocurrency trading strategies and more. Or for the experienced investor, trade smarter with daily access to institutional grade crypto market intelligence and trends analysis with BitGet research. I've put links to BitGet research and the BitGet Academy in the show notes so get amongst it or simply go to bitget .com. Thank you to BitGet and now it is on with the show. My guest today is Riad Wabi. Riad is the CEO and co -founder at Cubist. Very interesting looking new company platform. They're solving key management. We'll learn all about this today. Welcome to the show, Riad. Thanks very much. Thanks for having me. I really, really appreciate it. Hey, it is a pleasure. Let's do what we do at the beginning of the show, Riad. It'd be great if you could please introduce yourself. It'd be really good if we could hear some of your personal and professional backstory. What you've been doing, I believe, involves computer science. Be surprised if it didn't. What you've been doing in the lead -up to co -founding Cubist. Yeah, so believe it or not, it actually starts with electrical engineering, not computer science. So a long time ago, I realized I really like to get into the guts of things and somehow as an undergrad, I was like, you know, the the guttiest of guts is like, you know, low level circuits. And so I ended up as an integrated circuit designer, spent, oh, geez, about 10 years designing chips. And at some point, I was friends with somebody who was a computer science professor. And he told me, you know, these new things called zero knowledge proofs, they're really cool. And we're starting to build on them. And you should join us. And his name is Mike Walfish. At the time, he was at University of Texas. Now he's at NYU. And at the time, I told him, you're crazy, because I have a job and I own a house and I'm not going to like quit my job to go to grad school and work on zk proofs. But somehow two years later, he convinced me that indeed I should.
Monitor Show 12:00 11-01-2023 12:00
"With Bloomberg, you get the story behind the story, the story behind the global birth rate, behind your EV battery's environmental impact, behind sand, yeah, sand, you get context. And context changes everything. Go to Bloomberg .com to get context. Double your salary. On top of the 20 million that you already get. Exactly right. All right, Shonali Basak, thank you so much. We appreciate that. Shonali Basak covering all of Wall Street for us, talking to us about the Schwab news. The stock's up 1 .8 % today, but down 36 % year to date.
A highlight from News Block: What's Driving Bitcoin Rally (Will It End?), Billions to Flow into ETF, SBF Testifies, Bitcoin White Paper turns 15
"Welcome to the CoinStories news block. I'm Nathalie Brunel and in the span of just 10 minutes, roughly the same time it takes to mine a new Bitcoin block, I'll provide you with concise, insightful updates on Bitcoin and the global financial landscape so you're well informed on the week's top stories. Everything you need to know in one place in one block. Let's go. All right, let's get into another eventful week as Bitcoin's price once again dominates the headlines. At the top of the month, we talked about the historical pattern of October and Bitcoin certainly delivered this October. It's up more than 25 percent in the last two weeks alone and more than 100 percent in 2023. So many people are asking, what's behind this latest rally? Well, some analysts say it's the market preparing for a spot Bitcoin ETF approval, while others are saying it's bigger than that and pointing to the U .S.'s dire return and was asked his thoughts on why Bitcoin's price has doubled this year. And he replied, prepare for the halving. The halving is coming, referring to next April when the amount of Bitcoin issued every block will get cut in half. But whether it's the halving, outbreak of war, stickier inflation or investors worried about the sustainability of the debt or a potential ETF, it's safe to say there is a confluence of developments right now that together are forming a strong tailwind for Bitcoin and investors are taking notice, including institutions. According to a recent report from analysts at JP Morgan Chase, they believe that this recent outperformance has been driven by increased institutional demand. The report chose CME Bitcoin futures volumes as a good metric of this demand because institutions prefer to trade these futures products on a highly regulated trading venue like the CME. And those trading volumes have ballooned. CME open interest, which refers to the number of unsettled active Bitcoin futures contracts, hit a record high last week, eclipsing volumes seen even at the peak of the last bull market in 2021. In fact, CME open interest surpassed more than 100 ,000 Bitcoin for the first time in history. Some more metrics that support JP Morgan Chase's claim can be seen on chain in the Bitcoin spot markets. Addresses holding at least $100 ,000 and at least $1 million have seen large increases over the last two weeks. So big investors appear to be accumulating. And with a spot Bitcoin ETF seemingly around the corner, demand that could flow into this scarce asset could be significant. Multiple firms have attempted to estimate exactly how much money could flow into Bitcoin after a spot ETF is approved and how that would boost Bitcoin's price. Recently, Galaxy Digital released a report estimating that a minimum of $14 billion would flow into an ETF resulting in the Bitcoin price appreciating around 75 % in its first year. Their model further predicts that $36 billion could flow into the ETF by its third year. The analysts say their estimates are actually conservative, given they made the assumptions that only 10 % of large brokerage firms and registered investment advisors would choose to allocate just 1 % into Bitcoin and kept those assumptions unchanged for the next three years. But the other dynamic that could be contributing to the recent Bitcoin price action is related to the options market. Bitcoin options are financial contracts that allow someone to bet on the future price of Bitcoin, giving them the choice to buy or sell Bitcoin at a set price on a certain date. Investors use options to hedge their positions or to make leveraged bets on Bitcoin's price movements. And this week, there are interesting dynamics happening in the options market. For starters, open interest on options volumes has surpassed record levels. Some analysts have pointed out that options dealers are currently positioned in a manner where if Bitcoin's price keeps climbing, for every 1 % move upwards, these options dealers will need to buy a lot of spot Bitcoin to cover their positions. Think $20 million per 1 % that Bitcoin climbs. Now, this could cause the price to rise even more rapidly. And we actually saw this dynamic in the options market play out when Bitcoin crossed the $30K mark and exploded quickly to $34 ,000. Options dealers were forced to buy Bitcoin to hedge and cover their bets. But remember, leverage works both ways. And if Bitcoin's price takes a breather, these options markets could also accelerate any decline as well. Now, one interesting development that has happened in the overall macro market over the past month is that gold and Bitcoin continue to outperform other asset classes like stocks and bonds. Gold recently broke through its critical resistance level of $2 ,000 per ounce just as Bitcoin blasted through the $30 ,000 level. And that's at a time when equities and bonds are both down on the month. Many are viewing this recent outperformance as evidence that investors are beginning to finally view Bitcoin as more of a safe haven asset in the face of rising global economic uncertainty. This sentiment was echoed by billionaire investor Stanley Druckenmiller in a recent interview with billionaire trader Paul Tudor Jones when they discussed the problems in the current traditional financial system, including the unsustainable nature of government spending and rising debt levels. After explaining how the numbers absolutely don't work, it's a fantasy, when describing the debt, Druckenmiller said, quote, so I like them both, referring to gold and Bitcoin. I don't own any Bitcoin to be frank, but I should. With the government on track to run a $2 trillion deficit this fiscal year, inflation still running hot and public debt increasing to more than $33 .5 trillion, investors are turning to harder forms of money. They see the writing on the wall that the government will have to debase the currency to keep the fiat system afloat. But despite Bitcoin being a potential solution for everyday Americans to protect their savings from debasement, some politicians continue to choose to remain ignorant and are fighting against it. This past month, we've seen anti -Bitcoin rhetoric heat up with a few prominent politicians, placing the spotlight on crypto's overstated use in financing terrorist operations. It began with an article from the Wall Street Journal that falsely claimed terrorist groups, including Hamas, received tens of millions of dollars in funds via digital assets. However, multiple on -chain analysis firms, including Chainalysis and Elliptic, refuted the journal's But that revelation didn't stop politicians from using the erroneous figures to ramp up pressure in DC to crack down on Bitcoin. In a Senate Banking Committee hearing last week, crypto finance terrorism dominated the discussion. Senator Sherrod Brown, chairman of the Senate Banking Committee, said that the panel will quote, crack down on the use of crypto to fund terrorism and evade sanctions. Meanwhile, U .S. Senator Cynthia Lummis of Wyoming and Representative French Hill of Arkansas sent a letter to the Department of Justice to quote expeditiously investigations conclude and reach a decision on criminal charges against Binance and Tether concerning the possible aid to terrorist organizations. This was notable for two reasons. One, both Hill and Lummis have historically been major supporters of Bitcoin and two, they specifically named Binance and Tether as businesses to investigate for alleged illicit activity. But there were some senators in the hearing who pointed out the said these figures are disputed and per independent analysis reported this week could be overstated by 99 percent. Now, nearly two weeks after the article was published, the journal has finally included a short correction at the bottom. It goes to show the power of social media and how when an industry unites like the Bitcoin community did, its collective voice grows stronger. Turning now to an update on the FTX trial, where SBF took the stand in his own defense. SPF was grilled with questions around just how separate FTX and SPF trading firm Alameda Research really were. Remember, Alameda traded on FTX alongside millions of retail customers. And a key moment came when SPF was asked why he sent tweets and emails saying Alameda Research played by the same rules as every other FTX account, when in reality, Alameda had special privileges like being allowed to run a negative account balance and withdraw billions of dollars via loans. In response to the line questioning, SPF replied, I'm not sure. SPF's testimony so far can be summarized as pushing all of the blame on his inner circle, like former FTX co -founder Gary Wang and former CEO of Alameda Research slash ex -girlfriend Caroline Ellison, all the while portraying the image that he was a well -intentioned entrepreneur who was just in over his skis. SPF blamed Ellison for the pushing strategies that caused Alameda tens of billions of dollars in losses. He tried to paint her as incompetent and emotional. Meanwhile, Ellison's own testimony made it clear that she acted at the direction of SPF and verbalized repeatedly to him that she didn't feel qualified to run Alameda. Side note, for anyone interested in this case, you can read Michael Lewis' book, Going Infinite, which dives into the backstory of the whole company and let me just say, Ellison is one of the most fascinating characters. SPF's testimony will continue this week and we'll make sure to keep following it for all the developments. Finally, we can't end this episode without acknowledging that this week marks the 15th anniversary since the Bitcoin white paper was published. Bitcoin represents the promise of separating money from the state and removing the ability for any person or group to manipulate or control it. I think Satoshi Nakamoto describes it best. As a new form of money that is not tied to any government or bank, Bitcoin represents a revolutionary step forward in the evolution of financial systems. It's been 15 years and the Bitcoin ecosystem has grown immensely since that nine page white paper was published on an obscure mailing list. But the Bitcoin revolution is just getting started. That's it for the news block, your weekly Bitcoin and economic news update. I'm Nathalie Brunel. Make sure you're subscribed to Coin Story so you never miss an episode. This show is for educational purposes and should not be construed as investment advice. Until next time, keep stacking.
A highlight from SBF Trial, Day 11: How Alameda Got FTX Into a $9 Billion Hole
"Thanks for tuning in to day 11 of the Unchained Recap of the SPF trial. On Wednesday, the criminal trial against Sam Pinkman -Fried featured financial and technical expert testimony, a considerable portion of which was mundane. One standout witness relayed his analysis of how much money FTX owed to its customers against how much it actually had over time. However, there were two witnesses whose purpose was unclear, prompting the judge to rebuke the prosecutors. Although the testimony was less dramatic than earlier this week when the prosecution's final star witness, former FTX head engineer Nishant Singh, detailed its growing balance sheet problems and Bankman -Fried's harsh management style, the clear and easy -to -follow financial flows analysis yet again presented a strong case for the prosecution. In the dry and technical terms of bank accounts and blockchain technology, but accompanied by clear diagrams, flow charts, pie charts, and graphs, Notre Dame accounting professor Peter Easton dissected Alameda's bank statements, FTX's database, cryptocurrency blockchains like Ethereum and Bitcoin, and third -party bank statements. His presentation illustrated how FTX had mismanaged customer funds so severely that according to his analysis, at the time of its collapse, the gap between what it had and what it owed customers was about $9 billion. Easton testified, quote, "'The amount of customer deposits held in Alameda Research and FTX .com accounts was way less than what was owed to customers on FTX.' What happened to that money? Well, Alameda Research used it for their own expenditures." Similarly, the amount of FTX hot and cold crypto wallets was far less. The amount owed in those wallets was far less than the amount that was owed to FTX customers. And again, Alameda Research used customer crypto funds to pay for the expenditures. Easton, who was hired by the U .S. Justice Department to analyze FTX and Alameda balance sheets and who had done similar work on the Enron and WorldCom cases, told prosecutors that SPF's firms have spent customer assets on investments, political and charitable donations, and real estate, including the Bahamian penthouse where Bankman freed and nine others lived. After explaining one page with four categories of money visually represented on it, first, Alameda bank accounts, second, accounts with customer deposits, third, FTX bank accounts, and fourth, an SPF entity called Paperbird, the prosecutor asked Easton, quote, "'Now let's talk about what happened to the customer funds that moved through those accounts. And was any of the customer money spent?'" Easton, who seemed to have an Australian accent, responded, "'Oh, yes,' in a tone that sparked laughter in the overflow room." The diagram entitled Co -mingling of customer fiat deposits with other funds showed how interconnected FTX and Alameda were rather than arm's length entities as SPF and Ellison had publicly maintained. It depicted transactions from a nearly 11 -month period beginning in January, 2022 via a network of more than 50 bank accounts under Bankman freed's control. Easton concluded that FTX had chronically used customer assets for its own purposes. His blockchain analysis in particular showed that on October 31st, 2022, FTX's customer balance was more than $10 billion greater than the amount FTX actually held in his crypto wallets. He demonstrated that numerous investments were made using customer funds. For example, 100 % of the investments into trading firm Modulo Capital came from customer funds, according to Easton's testimony. Other investments that were made with either a part or all of the funds coming from customer assets included Anthropic, Genesis Digital Assets, Robinhood, and K5. There were numerous real estate purchases made with customer money, such as the Orchid Penthouse, SPF's Gemini apartment, and an apartment labeled Old Fort Bay, which cost $16 .4 million, along with $1 .64 million for VAT. Its deed listed the owners as Alan Joseph Bankman and Barbara Helen Freed, who are SPF's parents. Of the political donations in his analysis, all of which were paid wholly or in part with customer money, two seemed notable. One, to Freed's Super PAC, was corroborated by an email Freed sent to her son, saying, quote, Since this is going to our 527 and hence is disclosed, I'm assuming Nashad would be the best person to have his name on it. SPF responded with an email approving the transaction. Additionally, Easton said a charitable donation to Bankman Freed's brother's nonprofit organization, Gardening Against Pandemics, received $20 million of customer funds. Easton also highlighted how loans from third -party lenders were paid off using customer funds. In fact, payments to several third -party lenders, including BlockFi, Voyager, Celsius, and Avra, were 100 % composed of customer money. Bankman Freed attorney David Lissner attempted to cast doubt on Easton's methods, asking whether it was, quote, Lissner highlighted that the fiat at FTX internal account tracked all customer deposits in all relevant bank accounts from Alameda, North Dimension, and FTX. Bankman Freed's inner circle had separated the fiat at FTX account to understand the liability split between FTX and Alameda, but Easton admitted to Lissner that he left the fiat at FTX account as is, lumping customer FTX bank account liabilities with Alameda's. All this meant, however, was that Easton's analysis in this instance was just not entirely accurate. Using different witnesses, prosecutors drew attention to Twitter activity by Bankman Freed that seemed to highlight his indifference to FTX's growing financial predicament, or possibly an attempt to fool some of the political heavyweights and celebrities with whom he corresponded. In one instance, Elliora Katz, a Washington DC lobbyist whom FTX hired to help with its government relations, read a tweet by Bankman Freed in which he thanked Maxine Waters, Patrick McHenry, and the House Financial Services Committee. The prosecution also asked Katz to read the defendant's tweet on February 6th, 2022, where he said he was excited to testify before the Senate Agriculture Committee on Digital Assets.
A highlight from Calaxy - A Social Market for Creators by Creators
"Hi everyone, Andy Pickering here, I'm your host and welcome to the Crypto Conversation, a Brave New Coin podcast where we talk to the people building the future in the Bitcoin, blockchain and cryptocurrency space. 5 years ago, deep in a bear market, a group of traditional finance experts founded Bitget and they've been building ever since. Now, with 20 million users worldwide, Bitget is committed to helping users trade smarter by providing a secure one -stop crypto investment solution with copy trading, future trading and spot trading. Your security is their priority and Bitget has one of the largest protection funds in the industry with US $300 million to cover potential trader losses from unforeseen events that are not due to misconduct from the user or platform. Bitget wants to inspire everyone to embrace Web3 so if you're new to crypto, learn more at the Bitget Academy with free blockchain courses, crypto guides, cryptocurrency trading strategies and more. Or for the experienced investor, trade smarter with daily access to institutional -grade crypto market intelligence and trends analysis with Bitget Research. I've put links to Bitget Research and the Bitget Academy in the show notes so get amongst it or simply go to bitget .com. Thank you to Bitget and now it is on with the show.
"$ 20 million" Discussed on Crypto Banter
"So I mean, someone also analyzed what she was wearing. I love this. I love this. So this is her look, steal her look. Lululemon cap, Ray Bans, $480, Yves Saint Laurent jacket for $4,600. I'll tell you in a second how she got the $4,600. Then you got an Issey Miyake dress for $1,000. And then you got a Bodum travel mug if you want that. Okay, now what came out yesterday? Okay, so get this, okay? Number one, obviously she was sleeping with SPF. That came out a bit later. Guess how much she was paid to be the CEO of Alameda Research in the one year that she was the CEO of Alameda Research? Tell me in the comments if you know how much she was paid to be the CEO of Alameda Research. Now, remember that she said, hold on, I've got to find this. Hold on a second. I've got to find this. So first of all, she, I mean, this is so funny. She says, why did you guys break up? Okay, so hold on, let me find you some juice, some juice. She said, when did you become co-CEO? 2021. Sam said he wanted to step down to separate things optically. We were then on a break, but we started dating again. How would you describe the power dynamic of your personal relationship? She says, SPF's lowest objection. So she said, why did you break up? So she said, he wasn't spending much time with me. The lawyer said, was it a secret? She said at first, then he told me, I could say we were living together, but no more. Then she says, what was your salary? What was your salary? So her salary was $200,000. Her bonus in 2021 for sleeping with Sam. Okay. Her bonus for sleeping with Sam was $20 million. I know we have some ladies in our chat. So I want to ask, this is, this is the ladies only. Okay. Ladies in the chat only. I need you, I need to ask you, I need to ask you a question. Okay. So hold on. I just want to, I just want to just make sure, I just want to make sure that I get this right. Okay. So hold on a second. Wait a second. I have to, we have to get this a hundred percent right. Okay. Guys, ladies, ladies only. Okay. Guys, this one's not for you. For $20 million. Would you be honest, be honest, $20 million could change your life, but you know what you have to do, right? Okay. Now I have a question also for, for, for the men. I'm not going to exclude you. So the men in, in, in the audience here, for $20 million. Okay. For $20 million. Hold on, hold on. Let's just, hold on a second. Caroline Ellison. Okay. Now men, I want to know, scarecrows. I want to know, cause I know you guys are both men. $20 million. So wait, hold on Josh, $20 million. Do you do it? Seriously? I mean, it's, I mean, I mean, it's like what? I mean, in your case, I guess it's what, five minutes of pain? Three minutes? How long could you last? $20 million. All right. So ladies, ladies, ladies, ladies, you, you tell us if, for $20 million, you would with Sam. Men, for $20 million, you tell me if you were for Caroline. Yeah. I mean, this is, this is a good game to play. I'm watching the comments here. Someone says not even for $21 million. Someone said, Oh my God, so sick. Someone says from behind. Okay. Well, no, from behind you get $10 million. I mean, let's be fair here. If you want to go from behind, it's $10 million. If you go for the front, it's $20 million. Someone says for free, for free, maybe. Whoa. Someone says paper bag. All right. You guys are a bunch of DJs. All right. I said, if we get a thousand likes today, I will show you, as I said, if you didn't believe me, if you, if you still weren't convinced of the Paul Tudor Jones, after everybody else, if you still weren't convinced that, um, whether or not, uh, you should be buying Bitcoin, I'm going to show you one, one chart that no matter who the investor is, when they see this chart over here, they definitely, definitely, definitely land up by land up buying Bitcoin. You ready? Here it is. Just as promised. We have the Kramer indicator. Just can't get on it. I can't be in something that where Mr. Bitcoin is about to go down. I just can't get on it. I can't be in something that where Mr. Bitcoin is about to go down. And if it's track records, anything to go by, well, this is the only indicator you need to tell you that now is the best time to be buying guys. That's the only indicator you need. So listen, day five of the war, uh, Bitcoin looking okay. Um, at least we have, we haven't fallen into a heap. I'll see you guys again tomorrow. Oh, whoa. Dylan's. Yeah. Dylan. Whoa. Bring him on. Bring him on. He's still in here. Let's get him on holding Dylan's on Dylan. How are you? My friend. How are you, man? I see the Bitcoin is green in the back. Oh, it should be red, right? Oh, tell me quickly. I'm not feeling super bullish at the moment. I'm a little bit neutral. Okay. Tell me why. Tell me why. Tell me why about this SPF and $20 million, you know, when you go to Thailand and you get those shirts and it says, I'm not gay, but a hundred dollars is a hundred dollars. Oh no, Dylan. No, no, no. Dylan too soon. Too soon. Dylan, Dylan, too soon. Dylan, Dylan, too soon, too soon. Okay. But let me ask you a question, right? Let me ask you a question. $20 million. Do you do it? Only if James will. No, no, no. You can't do it together. You can't do it together. You can't do it together. It's worth it. It's a lot of money. It's a big number. All right, let's look at the, what are the charts that you're looking at? By the way, guys, Dylan's got a show, which starts in straight after our show on banter plus. So if you're not already subscribed to banter plus go and subscribe to banter plus Dylan's doing a charting show. Dylan, let's go through the charts that you're looking at very quickly. And you're saying you're not looking too, you're not, not happy. I'm not like, I'm a bit neutral at the moment. I'm watching the S and P. I mean, S and P has been basically up since Friday and basically down since Friday, which has been quite disappointing for us. So the S and P is pushing up. I'm wondering now, I'm looking at this gap over here, you know, sometimes we come and fill these gaps. I'm wondering if this gap is going to reject us perfectly into CPI tomorrow when those CPI numbers come up. So it could give us that rejection. But the way I've been watching BTC now, I'm wondering if it's going to be doing the opposite now. So, I mean, BTC has been pretty much on a downtrend now, sitting in a key area here while we wait for some kind of relief, some kind of action. So I'm wondering if we get the inverse on BTC now tomorrow, if the news is not great.
Monitor Show 23:00 10-11-2023 23:00
"Investment advisors, switch to interactive brokers for lowest cost global trading and turnkey custody solutions. No ticket charges and no conflicts of your interests at ibkr .com slash ria. She said she was paid about two bonuses a year. The highest one was $20 million. Thanks Ava, we'll check back with you tomorrow when her testimony continues. That's Bloomberg legal reporter Ava Bennie Morrison. This is Bloomberg. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. It's now the fourth day of fighting between Israel and the Palestinian militant group Hamas. This comes after surprise attacks from Hamas on Israel over the weekend. The war has left over 1 ,800 people dead. The first shipment of US weaponry has arrived in Israel. On Tuesday, a spokesperson for the Israel Defense Force said the first plane carrying advanced ammunition had landed at one of their air bases. They said Israel is grateful for the American's support. National Security Advisor Jake Sullivan. Let me repeat what we've now said many times and what the president said. So that everyone, including enemies who are thinking of exploiting the current situation here at Loud and Clear, the United States has always and will always have Israel's back. Special counsel Jack Smith is looking to keep jurors identities from being made public in former President Trump's 2021 Capitol riot trial. Smith pointed to Trump's previous verbal attacks on court personnel and the particular sensitivities of this case. Long Island Congressman George Santos is facing new criminal charges. Lisa G reports. Federal prosecutors are accusing Santos of identity theft and making charges on his donors credit cards without their knowing and lying to federal prosecutors.
A highlight from "Revenue is key for FriendTech devs." Oct 08, 2023
"It's 8 a .m. Eastern, October the 8th, and this is your daily crypto report. Bitcoin is down slightly at $27 ,827, ETH is down slightly at $1 ,619, and Binance Coin is up slightly at $211. Well, the developers behind social protocol platform FriendTech have reportedly raked in nearly $20 million in revenue within just a few months after launch. FriendTech facilitates buying and selling influencer profile tokens using Ethereum on the base Layer 2 network. FriendTech is currently the highest revenue -generating app on base and ranks second in the entire crypto space. It's projected to generate an annualized revenue of $180 million at its current pace. The platform has collected nearly $40 million in fees from users, with 10 % of trading volume in social tokens taxed. Half of this fee goes to the project team as revenue, and the other half is distributed to users whose keys are traded. Although there are some competing apps, the original project remains the leader in the SocialFi niche, even though the number of unique users has declined recently. The project has also faced security challenges and criticism for lack of a roadmap and for influencers dumping keys on holders. Well FloridaL split into two separate entities to address the concerns of activist investors. Those investors have gained significant control over the project's governance tokens and were looking to access FloridaL's treasury. To resolve the situation, FloridaL transferred over $2 .5 million in crypto tokens and NFTs to a splinter group called FlorkDAO, controlled by the activist investors. The investors divided the sum among themselves, leading to a higher valuation of each FLOR token now at nearly $5 from $1 .89 earlier this year. The remaining FLOR tokens are trading around $3 .88. This incident highlights how activist crypto investors target DAOs to gain control of governance tokens priced below the estimated value of the DAOs' holdings. By accumulating these tokens, they can push the DAO to buy them out at a better price. Many DAOs treat their tokens as governance assets, allowing those with more tokens to have greater influence over project decisions. In FloridaL's case, the activist investors' stake had become significant enough to hinder the project's progress. As a result, FloridaL split into two entities, enabling members not aligned with the long -term vision of the DAO to exit. And finally, Osteem Labs has secured $3 .5 million to develop a protocol for Digitides, Commodities, Perpetuals, Swaps. The platform aims to attract both traditional commodities traders and crypto -native traders by offering transparent and flexible alternatives for trading assets like oil, bitcoin, and foreign exchange pairs. Trades on the protocol will be settled in USDC. The venture aligns with the growing trend of migrating real -world assets on the blockchain networks as investors recognize the potential for efficiency and transparency in this approach. Well, that's all for us today. Visit us at dailycryptoreport .io for sources and links. And listen to us everywhere else you podcast under Daily Crypto Report. I'm Dr. Rae Wynn -Grant, wildlife ecologist and host of the award -winning podcast Going Wild, produced by Nature on PBS. In the brand new season of Going Wild, we're tackling the big question, how can humans look at our relationship to nature differently? And with the help of special guests like Christian Cooper, host of Nat Geo's Extraordinary Birder, and Ayana Elizabeth Johnson, co -creator of the How to Save a Planet podcast. Follow Going Wild with Dr. Rae Wynn -Grant on your favorite podcast app. Are you looking for a podcast that'll make you laugh? You came to the wrong place. That's not us. That's not us. Well, it is. We are a husband and wife who chat about raw, real relationship topics. Like sex. Like money. Like marriage and kids. But we're not afraid to talk about how your newborn baby probably isn't as cute as you think it is. If you're in need of entertainment while you're driving to work, because that sucks, we can join you in the suckage, kind of like being in your ear. Not physically. So if you want to laugh, come check us out. Brought to you by The Laughing Couple Podcast.
A highlight from 690:SIM Swaps, DAO Nightmares, and CBDC Controversies
"Good evening, and welcome to the crypto overnighter. I'm Nicodemus and I will be your host as we take a look at the latest cryptocurrency news and analysis. So sit back, relax and let's get started. And remember, none of this is financial advice. And it's 10pm Pacific on Thursday, October 5th, 2023. Welcome back to the crypto overnighter where we have no sponsors, no hidden agendas and no BS. But we do have the news. So let's talk about that. Tonight, we delve into the simmering pot of crypto security battles against regulatory overreach, the controversial rise of central bank digital currencies, and the struggle for financial freedom and sustainability in the crypto sphere. Buckle up, you won't want to miss it. Friend Tech, a decentralized social network has been hit by a series of SIM swap attacks. The damage a staggering $385 ,000 in Ethereum drained from accounts of four users. crypto sleuth Zack XBT tracked the on chain movements and linked them to a single hacker. This individual managed to empty the accounts of four victims in less than 24 hours. For those unfamiliar SIM swapping is a tactic where the hackers trick mobile carriers into transferring a user's phone number onto their SIM card. Once they have that number, then they can access online accounts that are linked to it. One user some fatty tuna posted about the ordeal, the hacker was able to execute the SIM swap from an Apple store switching it to an iPhone se. Another user King McGugger reported the attack in real time expressing his helplessness as he watched his account being drained. This is not an isolated incident. Earlier this week, four other friend tech users reported losing around 109 Ethereum due to SIM swaps friend tech has been silent on the issue, but they've announced a new feature that lets users log into their accounts without using phone numbers. manifold trading a crypto investment firm issued a warning stating that if an attacker gains access to a friend tech account, they could rub the whole account. They estimate that around $20 million is at risk from SIM swaps if one assumes that one third of friend tech user accounts are connected to phone numbers. SIM swap attacks are on the rise, especially in the crypto space. Last August data from FTX, BlockFi and Genesis were exposed in similar attacks. Even a theorems co founder Vitalik Buterin was targeted to take away be cautious. Use authentication apps like Google Authenticator instead of SMS based two factor authentication. Your financial freedom is at stake. And as we've seen, centralized systems like mobile carriers can be the weak link in your security chain. intriguing, isn't it? decentralized platforms like friend tech aren't always the safe havens they promised us to be. But shifting gears for a second, what happens when the centralized exchange attempts to decentralize chaos? That's what happens. Chaos. For our cover story tonight, we look into the chaos unfolding at JPEGs, a Hong Kong based crypto exchange. The exchange recently transitioned into a decentralized autonomous organization. It sounds good, right? Not so fast. This move has sparked a firestorm of controversy and has left many users in the state of financial limbo. JPEGs announced its doubt transition on October 4 2023, claiming that 68 % of its users voted in favor. The Dow model was supposed to democratize the exchange turning users into shareholders eligible for dividends. But here's the kicker. Users claimed their assets were converted to JPEGs native token JPC without their consent. Once converted, these assets became about as liquid as a brick wall. The Dow dividend scheme was purportedly designed to tackle JPEGs liquidity issues. It allowed users to convert their frozen assets into Dow stakeholder dividends at a one to one ratio. JPEGs even offered a repurchase option at 30 % of the conversion price after one year and 100 % after two years. But the reality users found themselves unable to withdraw or trade their assets, essentially turning their investments into waste paper, as one user put it. Now, why should you care? Well, JPEGs move comes amid a backdrop of legal challenges. Hong Kong authorities have arrested multiple individuals associated with the exchange, accusing it of operating an unauthorized crypto platform. The exchange is also under scrutiny for defrauding over 2300 people of 1 .4 billion Hong Kong dollars, roughly worth 187 million US dollars. From the chaos in Hong Kong to a courtroom in the Netherlands. When it comes to resting power from decentralized authorities. This next segment is a must listen.
Monitor Show 23:00 09-30-2023 23:00
"Interactive brokers' clients earn up to USD 4 .83 % on their uninvested, instantly available cash balances, rates subject to change. Visit ibkr .com slash interest rates to learn more. Our George Lavender, Marshall Louie, and Jen Sargent for Wondery. I'm Hannah Miller, and this is Bloomberg. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. Vice President Harris is remembering the late California Democratic Senator Dianne Feinstein. In a statement Friday, Harris called her one of the greatest public servants that California and our nation has ever known. She added that Feinstein broke barriers, inspired generations of women to run for office, and improved the lives of Americans through her vision, courage, and leadership. Secretary of State Antony Blinken is laying out potential consequences of a government shutdown. At a news conference Friday, Blinken said it would hurt U .S. efforts to advance national security. The shutdown shouldn't happen, but if it does, we will take every possible step to make sure that at the very least, we're carrying out our functions to protect national security. While he didn't comment on the specifics of legislative arrangements, he did urge Congress to get a deal done. On Friday, the House failed to pass a Republican -led short -term funding bill that included deep cuts and border provisions. Over 20 million people are under a flood watch in the Northeast. New York Governor Kathy Hochul has declared a state of emergency in several areas due to extreme rainfall and flooding. New York subway lines were shut down Friday, and several people had to be rescued from their cars when streets were closed.
A highlight from Rising Auto Theft Rates: Urban Consequences and Solutions
"Well, you see how easy this is now. Now you look at how they move money around and how the in your face money laundering folks, this is what this is. This is corruption and fraud. Some of the Bidens are great at the money laundering part. They got 20 shell corporations, but guess who's getting the guess who's going to be controlling the funding to rebuild Ukraine. We pay to destroy it. And guess what? The Hillary Clinton Foundation gets paid the rebuild Welcome right. to the podcast. We are in the same studio today, which is kind of nice. So thanks again for downloading. If you're just listening, if you're watching or watching the clips, uh, thanks for watching as well. And just for a quick mention, so I don't forget, if you haven't downloaded our app yet, I'm noticing we're getting a lot of downloads and the cool thing is when the morning Mike's program is going Monday, Wednesday, Friday, I'm the, seeing the view count go up and up and up, which is awesome. So I know we're only, you know, we're still in the dozens. I'd like to get into the hundreds and eventually thousands, um, but it's a cool program. If you haven't listened to it, it's a quick 15 minutes to quick by morning, run down three days a week of the top five topics, three minutes each. Do a great job. They do an awesome job when we're, when we fill in the stuff. We screw the whole thing up. Yes. Yeah. We, we blow the whole, the whole, uh, the schedule, but, um, but they do awesome and they're funny. I love it. It's a quick, you know, down and dirty 15 minutes, top five items of the day. And now you get your day started off on the, uh, they, you know, I think on the right foot, they were saying this week, like, Oh, it's so negative all the time, but I think they're hilarious. They take the negative stuff that's going on, but of course the negative stuff isn't the news. Yeah. Yeah. That's what we're seeing. I mean, carjackings again, Rochester had another, you know, record night. I mean, it's incredible how that was going on. And so it's amazing is, is like the Democrats just sit around and watch this happen in every city and every city. It's insane. Yeah. I sent you an article earlier this morning about Philadelphia. Let's see. I can find it. It's, uh, not that it's anything out of, you know, anything that we don't know about, but let's see here. Philadelphia swarmed by alleged juvenile. Come on, come on. Juvenile looters targeting the Apple store, Lulu lemon and footlocker. Yeah. So, cause they're starving. They're starving. They just, just need a little piece of ham and some Turkey. They need clothes and food. That's, that's only fair. I mean, they, you know, and once again, I know we've all heard this joke, but footlocker is not missing one pair of working boots. No, no, all the Nike's, all the Nike. Yeah. Well, some of those Nike's, I mean, Oh my God. Crazy. You know, talking about like, you know, thousands of dollars for a pair of, thousands, thousands of dollars. I was talking to my daughter and she said to one, one of her friends has a, as a pair of shoes were $1 ,200. I'll never forget the most expensive pair of shoes I ever bought. We were just starting a business. This was like 30 years ago now. Right. Crazy to think. And I remember somebody told me that maybe my dad was like, you got to have a decent pair of shoes. Right. And so I went up and I bought a pair of Justin and Murphy's. They're like 120 bucks at the time. Yeah. The most money I have ever spent on a pair of shoes. Now boots, I've spent more money on since because boots are more expensive, you know, hunting boots. Well, there's a purpose to them. I still don't spend more money on shoes. Like I'm wearing like Skechers or like $40. Like some of these Nike's $500. You can't tell me you're running faster. It's different when you're going to go out and buy a pair of like waders or something. You're going to use them. First of all, you're going to use them for the next 30 years. Right. And there's a purpose to them, right? Like, okay, they're more expensive, but I can walk through the water with them. Right. But if I bought like, if I had five, 600 hour pairs of shoes, I'd be afraid to leave the house. I wouldn't, I wouldn't get off the carpeting. Well, they're targeting the Apple store here, Glenn, because they'll buy jobs. And that's the only way to get a job is to make sure you've got an Apple iPhone. So it'll be like Chicago. We talked about this the other week with, with, uh, with Mike Speraza, Chicago is now forced to open or, or just talking about opening, you know, a, a government run grocery store in the inner city because they've all that. Well, they're going to, so they're going to, they're going to, the plan is to fight the communism with more kind of communism, right? That's going to work really well. But could you imagine how inefficient, first of all, Walmart's pulled out, Costco's pulled out, all the stores have pulled out because now target, have you heard targets now closing stores across the country? So target is now going through and discussing all the stores across the country, liberal target, liberal target. They put a black lives matter that they ripped down the smash of the window. I thought that'd be some sort of a shield or that we're just going to put up this, uh, this plywood and we're going to spray black lives matter on it. Hashtag hashtag BLM. And we'll be safe as they rip it out and use that same plywood to smash the window with. It's pathetic. There'll be nothing left in these inner cities. The problem is when it starts to spill over into the, into the, Oh yeah. This is, this is where it gets ugly. Well, they want it. That's what they want. That's, that's why people like, uh, the governor of New York, uh, you know, Kathy, the ice queen, Kathy Hochul is, is, you know, they first tried the push for section eight housing in the suburbs because that was only fair. Yeah. Now they couldn't get that through because the people in the suburbs are like, whoa, whoa, whoa, whoa. Now they're busing in illegal immigrants in the middle of the night. And I tell you something, if these Democrats like Mark Poland cars were proud of what they were doing, they would have a welcoming party at noon at noon, high noon. They'd have a press conference welcoming our newest community members off the bus so that the whole community could see these family units that are getting off. You got the husband, the wives, the two kids, you know, the things that we see in our country, right? No, it's not happening. They're bringing them in at two o 'clock in the morning. So nobody sees, they're all, they're all 23 year old males, right? Or 18 to 25 year old males. Some of which are from the Congo. I don't know about the, uh, you know, the, some of the social norms in the Congo, but I'm just thinking that maybe they're a little bit different than the Western world. I don't know. I'm just thinking maybe not. Maybe they're exactly like us. I don't know. But they're exactly like us. Why would they want to come here? Why are they aspiring to come here? I don't know. Anyway, it's a fentanyl fentanyl up again, by the way, there was another report. I think it was on a Fox news. Well, good for the Republicans. I mean, at least part of them, I should say good for the five or six Republicans that are the extreme right wing, according to the media, that's holding this garbage up. No, shut the government down, shut it down, shut it down until there's no more money. Take the money, go into Ukraine and send it to Texas, which they did right to the border, which they didn't do last time. Right. Kept it open. That's what do you need? What do you need? We're out of control. The founding fathers gave the power of the purse to Congress and the, and the Pentagon, the Pentagon goes, yeah, you know what? We're just going to exempt Ukraine funding from the budget. So ha ha. We just went over 33 trillion. If you go online and look at the clock, it's moving fast, right? So we're on our way to 34 or 35. Can you even see the numbers anymore? They just blur blur now. So, so fast. Oh no. And, and good news, by the way, we're refinancing this debt at 5 % now, not at 1 % or zero like we were doing. Yeah. It makes a lot of sense. Yeah. It'd be great. Yeah. The fence talk about keeping rates higher for longer. I don't know. They're not going to be able to do that. They'll be cutting interest rates by next year. Mark by where? And the number one reason I say that is because when you talk to every economist, I say, that's not going to happen. And they are typically wrong. So if you take the, it's like saying betting against the casino, it's like saying, you know what? I don't think MGM is going to make money in the sporting books next year. Ma, they're going to figure out a way to make money. They'll rechange the lines, right? Well, you, all you need to do is look at it and get a bunch of economists in a room and ask them where they think the market's going to be and then do just the opposite and you would be way better. Yeah. Pretty much that's usually the way to go. No doubt about it. So the, the, the, the Pelosi, we were talking earlier about the Pelosi stock trader. Yeah. You can follow online. Now, some of these folks, we did the game show game last week. We talked about the, uh, the net worth. I picked the poor ones too. They were like 23, 21, you know, $20 million. Some of these folks are amazing. I mean, really just, you know, the wizards of smart on some of these are just really, timing is impeccable up here. This is somebody who is selling some software that I'll track it, which you can, you, you've pointed out, you can get it for free online, but, but the, the numbers are really astonishing. This Democrat Senator sold her Aspen vacation home for $25 million. That was just after she sold her Lake Tahoe vacation house for $36 million. Well, by the way, why, why do they own these big $25, $36 million homes? Well, a big, big part of it is because the taxation of it, right? So a Feinstein who's telling you your ordinary income tax rates are too low. She's shifting that to a capital asset, which is going to create a capital gain in the future or no gain. Or no gain. I mean, they're 10, 10 31. This is why when Donald Trump looked at Hillary Clinton right in the eye and said, you will not get rid of the carry interest deduction and you know it because all of your, I use it, of course, all of her bigger donors donate money to Hillary Clinton. And this is exactly the truth, right? They will never get rid of some of these things. Like they talked about, we're going to get rid of the 10 31 exchanges. Yaha. Yeah. Uh huh. Yeah. So the big developer strokes a giant check to the, to the Democrats off the table. Let's listen to her success though. Amazing. A Senator sold her Aspen vacation home for $25 million just after she sold her Lake Tahoe vacation house for $36 million. Only two years earlier, Diane Feinstein has been a member of the political scene for 32 years and her salary is only $130 ,000 per 130 grand a year. Now it's more now. That's a little bit dated, but it's up, it's up to probably 180 now. But, but listen to this. First of all, if it was up to 580, you're not buying $23 million homes, $36 million homes. No, no, we're going to put in multiple homes. We're going to, we're going to put the Paul Pelosi onto our research committee. You make a million dollars a year. First of all, most of, most business owners that make that kind of money, they didn't make it throughout their whole life, right? They didn't start making a million dollars at 20 years old. They started making a million dollars at 50 years old and it took 30 years to get to that point. Right? So my point is, you're not at a million dollars a year at age 50. If you did it the right way, the hard way, and you did it yourself, you're still not affording a $23 million home, right? Multiple ones. Yeah. Multiple, multiple. Right. Those aren't even her primary residence. Those are her vacation homes. She lives in, she lives in California. Listen to this though. And it's, it's all of them. It's all of them now. This is a, this is from Nancy Pelosi, stock trader. Uh, this is a tweet, uh, a Twitter feed. You can follow Pelosi tracker is what it's supposed to track or underline or something like that. You'll find it. Anyway, uh, three weeks ago, sitting politician bet against the U S economy so far. He's been right. Tom Carper bought $45 ,000 of PSQ and inverse ETF on the tech sector on eight 23, August 23rd. Since then he's plus 3 % while the market is negative 4%. Go figure. Wow. Go figure. Man, these guys are so good. Yeah. And they're not by, they're, I mean, these are, that's some pretty technical strategy. You started getting into options strategies and stuff. I mean, yeah. Yeah. These guys have become very, very slick. It's not just about buying a, you see, it used to be, okay, I'm going to buy X, Y, Z. Then I'm going to vote for or against something. You know, I'm going to short the stock and then I'm going to vote against them for both that, that, that. So the stock goes down or I'm going to vote for something, knowing that it will benefit the company. The stock will go up and in a sense front running. No, they're, they're in the options strategies now. They're in the market. Yeah. They're doing butterfly spreads. Yeah. Crazy stuff going. They're very sophisticated. They shouldn't be allowed to two things. When you go into Congress, I, you know, I would love to have a Congress person run on or present around the following platform, right? Number one, term limits, term limits, top of the list. Number two, though, while you're in Congress for the eight years, or wherever we allow you to serve 10 years, 12 years, whatever it is, you could not invest in a stock market at all. All your investments are frozen or your choices, a model, some kind of a model liquidated go to cash, or you could buy the fidelity balance to counter. You could buy the, you could buy the T -rope price, you know, target retire, whatever, you know, or you go to goes into a blind something or other where you have no idea. Right. It just goes into what you picked a one through five tolerance for risk and somebody else invest. Maybe it's just broad indexing. Maybe that's it. Right. Something that doesn't allow this kind of garbage to go on where, you know, they buy, you know, Tesla stock and then approve a huge, you know, oh, we're going to, guess what? We're going to build a, you know, for government funded battery stations all the country. Of course, Elon comes out and goes, we already got those, you idiots. I did that like four years ago, you morons. Amazing what Elon can do and what the, what the government can. Going back to target for just a second, not to digress, but I found WGRZ, thankfully came up with a list of the, uh, the target stores that will be closing, Mike, the full list of locations all in, all in Republican run. You'll be shocked. Yeah. Yeah. Right in the, uh, the thriving, the, uh, you know, thriving, the Minneapolis, uh, location, the retailer said the decision, the close was really difficult. I wonder if that was after half. That was the one they put the BLM on. Yeah. Oh, that was the one they put the sign on that said, please don't burn our store down. We love you. I hashtag BLM lit it on fire. Yeah, that's right. Yeah. Uh, let's see. I'm shocked though. I wouldn't, I'm surprised you wouldn't stay. I mean, you know, like just collecting, you love them. You love, you support them. This is what you supported. Remember you, you, you raised money, you gave money. Yeah. And guess what they did with that money. They agitators hired to whip up people in the community to smash and burn down your store. You idiots. So there you go. There you go. Nice, nice work. What else do you think, Mike? Uh, New York city's East Harlem neighborhood. That's going to be one that's goes down. I wonder why. Chicago, San Francisco for sure. San Fran. Yeah. San Fran. Uh, by the way, before I forget San Fran, Democrat San Francisco mayor, announces plan to require drug testing, which is good in an effort to, if you're going to receive homeless benefits. Right. But the funny thing was in this same passage, they're going to Texas to try to recruit police officers. The funny thing is is that the people they sent from San Francisco to try to recruit people. They didn't come back. They defected like North Koreans. Some of them got jobs. They get over the wall. They come out, they get over the wall. It was hilarious. No, they didn't go back. Well, the other five stores, Mike, three in Portland, Oregon and two in Seattle, five, three in Portland. They're pulling out of Portland together. All of these inner cities folks will be food deserts. You're going to hear that term. It'll be business deserts. It'll be nothing. Well, business deserts, nothing left, but there'll be, but target, don't forget target. Does target sell food? Yeah. Well, yeah. They sell food. Yeah. For sure. Yeah. Well, I don't go on target. So Walmart I know does Costco for sure. Costco is a food store. I don't think target is as big as Walmart as far as like fresh fruit, but definitely frozen food, all that kind of stuff. You know, aisles of pop and water and chips and right, right, right. And all that kind of stuff. But you can definitely frozen food. You can buy bulk frozen food there. So, so there's going to be food deserts, all over the place, business deserts, whatever you want to call them. You know, it's amazing because you know, the, there's no policing. And the sad thing is that is the problem. It's not, there's no policing. I shouldn't say that. Excuse me. No, you're policing your asses off. I get it. There's no ability. There's no prosecution. There's no bill. You guys are arresting people, putting them in and they go right back on the street. They're getting, they're getting appearance tickets. It's a joke. Your point is no, there is no policing anymore because of the system, the Democrats put together where the police officers aren't going to bother. If you're a police officer and you know that somebody is going to be this, this carjacking or whatever is robbery. And you know that there's a potential, you're going to get an altercation where you're in New York state. There's two police officers that have been brought up on charges recently with almost a hundred percent chance that if you do catch that person, that person will be right back. Yeah. A hundred percent. Why would you bother? Why would you bother? You're not going to put your life in line. No way. You want to go home to see your wife and kids too, and your mother or your husband or whatever. You want to be able to spend your Christmas with your family. Why would you do that? And they know that, right? The Democrats know that. This is, you can't be this stupid. I mean, who allows these people to go right back on the streets and say, this is a good idea without correcting this right away. You can say, okay, bail reform. Our intentions were one thing, but when you look at the fact that in New York state, we are now breaking records in towns like Rochester and Buffalo for the most amount of vehicles being stolen. We can say, okay, look at bail reform, put it in place. It clearly did not work. It's been a total disaster. These towns have turned to shit. We absolutely need to go back in the other direction. They're not doing that. They don't care. They want to, and they're doubling down, tripling down on it, tripling down. We invited this liberal on, you actually were on the show with him and he said, things are actually safer since bail reform. That's what his argument was. His argument was, and by the way, his argument was if we have even less police officers, cities like Buffalo will get safer. Well the thought was less police officers, less arrests. Less arrests means less crime. Dude, you got the whole thing backwards, bro. And not only that, but now we know that, right? Now we know, now you can, I mean, literally auto thefts are up 360 % in Rochester. They're not up 3%. You can say, well, you know, in Buffalo and we're in second place. And they can't play, they can't play in COVID. They're trying to like, well, it was a lockdown. People were at pent up, whatever. Remember that was the, that was the reason for the rioting and the ballooning and burning like, well, people had a lot of pent up. We probably should have locked them down. That was a little bit of the reason for the increase in suicides. You guys, you guys increased suicides because you locked kids in their homes, but it wasn't the reason that they went and decided to steal Nike sneakers from a footlocker. So check this out. Speaking of COVID, this is huge. This is, I don't know if you saw this or not, but this is absolutely ginormously huge. Dr. Fauci was smuggled into CIA headquarters without a record of entry where he participated in the analysis to influence the agency's COVID -19 investigation according to the house select subcommittee on the coronavirus pandemic. Did he need to do much with these left -wing CIA agents? Probably not. No, no, no. That's what they're smuggling him in for. Well they smuggled him in because they didn't want anybody to know that he was part of the PSYOP operation, which was hydroxychloric. By the way, the I think it was a Mayo clinic and some other hospitals now have come out as well as the CDC and said hydroxychloroquine, yes, indeed is an effective treatment for COVID. Oh, by the way, ivermectin also an effective treatment. The CDC now approving that. Now mind you, we're going to keep in mind that if there was any other treatments that couldn't get the emergency use authorization for these vaccines that clearly don't work. Amazingly, I'm still seeing people online go signing off my sixth booster on our way for the sixth shot, proud to get our sixth shot. How about how about one the other day, local left -wing nut job got her sixth booster shot, six shot and she still got COVID and then she said, well, I was so good hiding and it got all my shots and then I went to a concert and I got it at this concert. Well, first of all, you don't know that, but second of all, if you have six shots and you six shots and you still got COVID and you actually think that was a good idea, you don't need a vaccination. You need a mental, you need a mental check. I tell you, I know people during the during the COVID, the height of the COVID that were older, some of our clients actually that were prescribed by a doctor a hydroxy quirk when they were taking it once a week as a as a preventative measure. Yeah. And they, to this day have never had COVID. Yeah. And it's, it's, I mean, so it, but the sad thing is again, you know, we couldn't, it's all about the money now. And that's, you know, when people talk about the evils of capitalism, you're seeing some of that. Now, capitalism is the best thing on the planet, right? As far as, you know, lifting the masses out of poverty and creating amazing amounts of wealth. But the problem is this isn't, this isn't capitalism. What's going on. This is cronyism is what's going on. It is, Hey, look at, I will give you these government dollars. You're going to get this patent. You're going to get this. Unholy marriage between business and government. Mark my word. We were talking about Feinstein selling 25, $30 million homes. This Fauci will be on the board of Pfizer. He'll be on the board of Moderna. He's going to get shares of those companies. He will be blessed with with with millions and millions of dollars. His family watch and see, we'll be talking if we're, if you and I are fortunate enough to be around 20, 30 years from now, we'll be talking about the Fauci trust and watch and monitor that trust and see how big that family trust. Well, you see how easy this is now. You look at how they move money around and how the in your face money laundering folks. This is what this is. This is corruption and fraud. Some of the Bidens are great at the money laundering part. They got 20 shell corporation, but guess who's getting the, guess who's going to be controlling the funding to rebuild Ukraine. We pay to destroy it. And guess what? The Hillary Clinton foundation gets paid to rebuild it. Right. And guess who's going to get the contracts to rebuild. Oh, that'll be probably one of the Biden family members or somebody else's politically connected. Right. Remember it was, it was a Joe Biden's brother who got the contract, the multi -billion dollar contract to rebuild Iraq. No building experience, never been a contractor, right? No idea. Right. This is why these projects cost 500 times what they're supposed to cost. This is why when money comes into Buffalo, for example, $25 million to build homes, five get built. And you were, wait a minute, five, are these $5 million homes in the East side? Each of those homes would have been built for a quarter million dollars or less. And yet where did the rest of the money go? And the, the answer is never, we don't know. We don't know. We can't account for it. Or we'd have no idea. Or I mean, how many times have we've seen that in so many places that whether right down the local level or God forbid at the federal level between, you know, Iraq and others. I was telling you last week on the radio, I was reading an article about the grants that were coming into the city of Buffalo to plant trees. And I thought, okay, wow, like this could be sweet. Okay. You know, like I'm a big tree guy. I love trees. I plant trees every year. I do think, okay, that's one way to, first of all, I think it's one way to make a community look great. When you, when you drive around, let's say North Buffalo, all the streets are all tree. They look beautiful. You drive around the East side, it looks like shit, right? So, okay. You're going to take some of my tax money and you're going to directly plant trees. Okay. It's a win for the environment. It looks nice. It's going to bring things together. I'm like, well, where's the catch? This is a government agency. Where are they going to screw it up? You read through and you find out that they're paying $1 ,000 a tree. Now you and I both know that if they're saying it's $1 ,000 a tree, by the time it's done, it'll be two to $3 ,000 a tree. Now you, you're talking about $13 million worth of trees. You and I just planted trees. Every year we plant a few trees around our office, you know, three, four in the spring, three, four in the fall, just so they can start to grow and work their way in. And then, you know, plant more. We pay $250 a tree, plant it. Right.
"$ 20 million" Discussed on WTOP
"One of Maryland's four historically black colleges and universities is getting a combined $20 million in grants to carry out research at its national transportation center. Director mansur jahani says, there's a real collaboration between the students and staff on everything from making work zones safer to connected autonomous vehicles. We brainstorm and we get to the next level of conducting projects, writing proposals, they are heavily involved. And it's not just about those behind the wheel, Johannes says, research also focuses on sustainability and equity for people on foot on bikes and scooters. Kate Ryan, WTO news. Virginia's governor defending his administration's updated policy of restoring felon rights by requiring them to apply and have a review. During the previous two administrations, felons had their voting rights, almost automatically restored once they had served their prison time. Virginia is one of two states where felons permanently lose their right to vote, following the conviction and the power to restore those rights, rest solely with the governor. A lawsuit filed in federal court is claiming that the process now being used by Virginia governor Glenn youngkin is unconstitutional and could lead to decisions being based on an applicant's political affiliations. That lawsuit was filed by the Washington based fair election center on behalf of Gregory Williams a convicted felon who has completed a sentence and as his right restoration application still pending. Maryland's General Assembly approving a measure that gives the state attorney general independent authority to bring criminal charges against police officers when investigating deaths in fall involving officers. The House voted 99 to 37 yesterday for the Bill already passed by the Senate. Governor Wes Morris as he'll sign it. Current law allows local prosecutors to decide if officers will be charged, and this bill wants to end potential conflicts of interest between local prosecutors and police. Opponents say it's an overreach of state powers ahead of locally elected prosecutors. It expands on police reforms approved two years ago following the 2020 police killing of George Floyd in Minnesota. A judge has delayed a decision on whether a report should be released on the handling of two students sexual assaults at loudoun county public schools. During a pretrial hearing for former superintendent Scott ziegler, judge James Fisher says he wants to read it first. That's according to the loudoun times mirror. Fisher has to decide if the report should be released or if it's protected by attorney client privilege. The Virginia attorney general's office wants the report as part of its prosecution of ziegler in December ziegler was fired and indicted on conflict of interest and false publication charges after he was accused of lying about his awareness of sexual assaults and school bathrooms. The school board voted against making the report public in February and the hearing will continue on May 30th. Acacia James WTO P news. Montgomery county van has been arrested for meeting victims on a dating app, and then assaulting them and taking their money. The suspect used the name Tommy online, but police have now identified him as 27 year old Brandon Darrell Cain from Silver Spring. The first victim told police he agreed to pay the suspect money in exchange for sex, then paid for Kane's Uber to his home before the assault. The second victim reported Kane not only assaulted and robbed him, but also forced him out of his apartment where they met. Police are worried there may be more victims and are asking them to come forward. Shying current WTO P news. Stay with us coming up in money news. How much D.C. home values have risen in the last two decades? I'm Jeff cable. It's ten O 8. Get a precision AC tune up for only $59. Michael and son. Now traffic
"$ 20 million" Discussed on KQED Radio
"Good morning. I'm Alex Hall in Fresno. We start with the fires burning across California. A new fire started yesterday north of U. K a and destroyed some homes in a rural area to the northwest of Lake Mendocino. The Hopkins fire has burned a little more than 250 acres and is 20% contained as of this morning. Cal Fire doesn't have an exact number of homes that were destroyed in the blaze, but it's likely in the double digits. The fire also forced the evacuation of much of the community of Cal paella. Meanwhile, a series of fires ignited by lightning strikes in the central Sierra Nevada are growing. The KNP complex fire has burned over 1000 acres in and around Sequoia National Park. Officials say the fire has the potential to spread to nearby communities into Larry County, and crews continue to get a better handle on the two largest wildfires burning in Northern California as repopulation. Efforts continue for both the Dixie and Kaldor fires, both of those fires have destroyed hundreds of homes. California lawmakers want to make it easier for property owners and conservancies to mitigate wildfires by setting fires themselves. Cap Radio Scott Rod has this story prescribed burning is a technique used to reduce overgrown forest land in a controlled manner. The practice dates back thousands of years. But today it comes with a lot of risk. It's unusual for a controlled fire to get out of hand. But when it does, the damages can be very costly. That means insurance coverage is often unaffordable. So lawmakers have set aside $20 million to create a state run insurance fund. The money would help cover losses if a prescribed burn got out of hand. California has set lofty forest management goals. It aims to reduce fuels on half a million acres annually by 2025. The state currently accomplish is only a fraction of that goal for the California report. I'm Scott Rod in Sacramento..
"$ 20 million" Discussed on Juicy Scoop with Heather McDonald
"Would totally be the carcelle that would have been like and i hope you don't mind me sharing but a little extra element what i find interesting and i think that like you know what she said about tom. Calling her to gore sell. That's a that's just interesting inside party or divorced. I don't think she ever thought it would somehow. And then i think to erica. She was like regretted. Ever resilient in the first place. Whether on camera or i think she regretted revealing it. And that's where she started to like. We'll see like be the gar. Sal i would still be the crystal. Yes whereas i felt the that any information that i'm told right I don't not anything 'cause like but that piece of it. Yeah me felt like if if she wanted to share it that she would bring. Yeah so when. Sal said cameras the cameras. 'cause i think that's what's hard about the show. Is that people like she already said it. But when you're when you're in it just the girls. Just because i said thumbing to you doesn't mean that i wanna share with versa. Yeah and so i don't. I don't think that there was negative. There wasn't yeah. Let's just intent right type. Who's like especially. Because i'm just i just erica. I'm not like hey everyone that i just met also shares information. It's just not my personality in general. And even if i knew for ten years i would not necessarily sure that who i am. Yeah but. I don't think i think so. That's what it was that it was just. It was compounded was so much emotion stress. Because i felt like she shared so much and it was just like. Oh here we're doing it again. that's what i like. yes. I just did all last night. I just had two hours on a mountain but again we were two hours two minutes and then it's like now. We're doing this again. That's what i assume. Yes i do too. It's like look it's it's very interesting juicy and who knows but you know when someone's crying they're crying. It's you know you feel for them. I do wanna make something clear. Yes is on people are like. Oh why didn't crystal speak up in front of erica. Before i did that was all okay. That will happen. Yeah about it about it. Oh yeah yeah i She just was too yeah. She couldn't hear anything. I was saying right right about defending defending that you did. Defend cursing was just it was she she. Yes and i kept telling her that she didn't hear it. Yes but that's i was crying. I was crying out so bad whole room was like you could. It was so intense. I just felt bad. Yeah yeah bad. like. I don't really know these people right so it's like watching them as some newer friends older friends right. How they have to navigate this how to support her her pain. I mean she was really losing at people. Say it's fake like it wasn't to me again. I'm naive but her. I think her crying and emotions are real. Her life is criminal. Crumbly is so i. I do think that that's real You know it's just an interesting thing to watch in real life. Go back five months in the news. Then watch what. You guys are filming. I mean it makes it. It's like a puzzle as you're it's like it's until from us to like interactive watching. It's like something that we haven't seen and then our other favorite season is just not as fun to watch like new york. I'll still watch it all the time but people are talking about that the way they're enjoying and i've always in beverly hills has always been you know pretty much my favorite because i dislike seeing la. I like saying you know. And i you know have interviewed all the girls. That like. All the girls and speaking of kathy hilton. Are you aware of all your properties that you own and could you have. maybe forgotten. remember what she goes. Just call and say. Hey honey. I believe i got a couple of properties but i got away like i actually wish i didn't know about all the properties. We have way more money that i that i think we have. Unfortunately i'm pretty aware of really have only i think we have three. I have my house. My house in china and we have a rental condo. That's it but you ought to be very very tiny house. Which is your burkan. it's as well it is. It's a tiny tiny in house purse. Yes what is the story behind that. Okay it's so funny for like she's flooding it. I'm like i didn't even like kyle has like laser beam. yeah vision. She's a big. So i'm not. I'm not like a big close person back person. But i do when my friends tell me like. I have a lot of fun to our. Yes and they said if it's an investment. That's what i was going to ask you. I feel like certain bags like that. It's almost like someone that might invest in rolexes. Is this something like that were it. Doesn't it doesn't lose its value. It's not trendy like now so i think we're like oh it's so ugly it's like i don't think it's the best looking back and being like my bags. I like sports all day long. Like i don't really care. It's like buying. Bitcoin like we. We investment the only made fifty of those little house purses and so i was able to get one did. And it's a great thing and what i want to get rid of it i will. Yeah so yeah that's all it is. It's okay not a collector of things. My husband loves to collect stuff. I'm more of like individual pieces. That can like i. Don't like anything that depreciates in general So this is a personality. I was like okay. You know how long have you been at the house that we see on the show. Four years we it. Oh you built from you. Found the lotta. You tend to scrape the house. There was a house there so next door. are really good friends of ours and been looking for two years from raleigh onto new built and it was like twenty two thousand nine. I mean the market was down so every day i was like oh i could have something more. My money was worth more and my neighbor. She called me. She produced a movie for rob the one in china. And she's like i found it. My neighbors are moving after forty. Nine years you're going to have to tear down. That's a dream. Yeah and it wasn't like a big house so it feels good when you tear down a house. That is tired or when you were to that. Is you want that kitchen from the. That's the best..
"$ 20 million" Discussed on Juicy Scoop with Heather McDonald
"You know because at this point we're still is so sporadic it was a few weeks a call and then we like forget about it totally i it was not until later until like a few months before my new. It was a they were going to pick. Then it started getting more real like a little scare and that's how it happened. It just kept going and then. Cathy called me okay and she said do you want to do as i know. And she's like come on like i know you. I know who you are as a person and like. Why don't we do this together. And i was like a kind of kathy's it made me feel much safer. Yeah and like with all the housewives of different franchises and stuff and who truly have some serious skeletons by skeletons. I mean not paying taxes for seven years alike. I mean so and i think sometimes they do have a difficult time finding the people of this economic status where the husband or. They're they're like we're we're clean. We do this and have a good time and get you know in a positive way and not worry about one of us are going to go to prison. I don't know if you're aware but like real. Housewives vos see. There's a new girl. Noah i i did not know that. Her husband was sweet. James the attorney that i hear on the radio all didn't know and i literally i was going to cost and i saw it on victory. Yeah i like. That's the guy. I listened to the regular like local radio and i drive around. He's on all the time like okay. Sweetjames yihe personal injury attorney her husband. Yeah so he filed for divorce. It had already come out that he owes something in the range. Approximately five million dollars. So you know that's oc then potomac. It just came out that giselle 's on again off husband. Nothing much just came out again. He apparently didn't pay taxes for idaho's yes she's fine because she's not with him okay but he on the show and everything and partly he. According to writer allied owes somewhere in the five seven million dollar back taxes. I don't know or maybe it was eight eight hundred zero. It's just a big mess so you know and even other people on your cast. Okay so like so. There was no you know obviously pared down. I like if i was going to recommend a girlfriend. It'd be like okay bras on housewives. i'd be like hey they want you like just full disclosure like you guys is teddy. Said that you could you. You don't have a lot of money hanging out in puerto rico to do it. If you don't skeleton. I remember thinking i feel so i what i realize. Being on this side of it now is just how naive of a person i am and rob feels that way because we were like. I said rav on my god. What if they like say something bad about one year old movies like that's how far we we were like that's as deep as us feeling service about the audience right so when i'm like why would anyone do that. But then i think on the flip side of like well if you are in a financial pickle yeah this could be a windfall or if you hate your husband this is a way to get out and start your own candle company. Okay so i have. You heard of my candle. I actually interesting so people are like. Oh it's creates divorce like now a full year into it doesn't you go in whether it's you're ready to or it's going to be a sort. That's my theory. Yeah because it does not affect my family in any way the show like an we get home and it's like playing baseball with the kids like it's it's it is separate even though i am now when i read all the like instagram's whatever and i really should and i have someone who does it for me but like like why are these people doing you know you see it a different way. Yeah but that it really doesn't. I don't think unless there's cracks right. And well i remember asking adrian maalouf like early on. She's you know was on like over ten years ago. And of course they got divorced and i it was quite contentious. Now it's like they're both really good. Was it quick. After she started the show yeah was like within like a year or say okay and and they were kind of funny bickering couple like i kind of rolling is kinda laughing and yeah and and i said to her i go you know and she goes you know. I didn't think i'd end my days with him before it started like she knew it was like i don't know how much longer like we're not great but you know but it may it probably sped it up it ended up because you also look back and i think sometimes women won't do go on the show. That aren't happy with her husband to be like. Oh either he's gonna seem self and feel really badly that he snaps at me or whatever or i want. The world has seen a recipe bad divorce. You had that already. Yeah in the front of your mass is. That's what i think knowing much adds elements to speed up with kind of inevitably. Because i would never want my husband to look bad because my family to stay with them for the rest of yes. So if you're thinking of that already yeah i just. I don't know why anyone would really want to go on tv to do that again. I don't know everyone has a different circumstance. So i don't like I try not to judge someone. So i feel like if you're about to be a single woman and you don't you know you've been had a lot of money and you go like yes could be something that you could. I think this noel girl who's like very beautiful. Maybe she ended up. Maybe she didn't shush blindsided. But i think it's kinda great she's on the show like in this case it's kinda great for for her like he's filing and you know and now she can you know maybe have something going on herself or whatever and it makes for kind of an interesting season. I mean your season is extremely juicy. You know and. I don't wanna put you like in a weird position about it but you know it it just one thing. I will say about the conference. Everyone's talking about us when you guys went on the hike and wh where it got miscommunicated to carcelle who thought she could bring up a conversation that you guys had so everyone at home is like but wait you know and i kinda see that because like if i was on a girl's trip and one of the girls whose going through divorce which we i've been on that girl trip yeah and i'm laying next to the one girl and she reveals something more i would. I would probably now. There's five of a city at dinner and we're all aware of this going through divorce. But she told me like a little interesting part of it..
"$ 20 million" Discussed on Juicy Scoop with Heather McDonald
"Like whoa. What's he involved in that or are you just invite. He was directing a movie for disney. He was there for like press to do the press line and so he did the red carpet. And you're there yes. I didn't walk the carpets. Just go around. He had his hands walk. Around is my first premier. But he's like when we got there like you know. I'm not walking with the only that's fine. I don't wanna like he's he public with her first day. I was like that's fine. You know but. I also don't care thing in my and i think he he loves to tell the story that that's when he was like very interested in me because i didn't wanna walk carpet ono. Look i trust me. The joke is like unseat like it's ridiculous. The whole thing. Like i don't even know how i'm here but yes. Oh my thing. I thought about it so that was our first date. We just had been together ever since. And when did you know like he's the one i want to spend the rest of my life with him. I always felt that he was like he checked all the boxes. But for me it was you know i said every sunday we go to san gabriel valley and we see my grandparents we have lunch with my whole family and you like he has show up and he did every sunday like he was a director and his big life parties and whatever and it was like he made sure to carve out. It was like four hours new driver for our bag. It's a big deal and you know was just going for the really good food. The welfare ninety percent of it showed up and we have a lot of like sort innate rules of like Algebra the eldest sits on the side of the table. And he he's the type person always used to sitting on the inside right. You get the best seat. And i'm like no you're on the kids side. You're the new kid. And he was so respectful of he like it not only respected like loved it. Yeah he loved. The whole family loved it. Yeah and so. I'm like give you get my family so just that alone was special and he. My brother like this. Oh that's all my god like they're on the phone all the no one calls me like walking in there talking. The his he'd have a brother he has two brothers. Yeah brother doesn't have a brother. No so that's really nice. Yeah but they just really connected and obviously families my thing so yeah family loves him and so. How long did you guys date before you were engaged. Three and a half years. Oh nice yeah so we wish you thanks fancy wedding a big fancy where was it. It was at saddleback grandma bill. Nice yeah so we had he. We were in china when we were engaged. She was directing a movie and we literally took the whole set. Put it on container and rebuilt it to and made it look like one thousand nine hundred ninety s shanghai at the saddle. We built the whole thing was. Oh my god. Yeah and cheryl can shadow of sequoia production. She does the governor's ball and everything so she did. The wedding and i remember thinking like she was like this is like a piece of cake. It's such an easy thing because she does huge which we locked. Because we were in china we flew home. Only through sephora wedding because a year the bridesmaids the whole thing. Whole thing. sean. Yeah yeah the whole thing. Oh my god that's my best. I was talking just asking you that i was asking a wrote down the question. Yeah i was wondering you know because now you have even before housefly. It's just you know being a wealthy woman you know and having a very very nice home and you know a different life than maybe the valley friend who still. I'm sure is living a nice life but you know it's a different level. Was it ever odd or we're for anybody or was it always just really great. And what a score that my friend. I married a great guy and we can go to her house and swim like i know because i met rob so young yeah. He was always super inclusive by friends. You know even though. I had a like i had a very kind of middle class. Lay definitely meeting. Rob was a lot bigger. Yes like he was like. Would i want my friends. Like i feel bad. And then he would like pay for them to travel with us. Yes Because i don't want to be with my friends. Yeah so he was. But rob is like. He grew up with no money so he grew he grew up in palo alto okay so he like never had his own bedroom or anything fourteen in square foot house with four kids. The whole thing and So he had a very sort of also middle class. When i like him money but not right he didn't have today right So he really understood that and he's super down to earth and so it was never an issue and yeah want my friends would be with me. They never ever treated them differently. Yes i have. Friends who live in van is in a condo. A go hang out there. That's really it's really good but sometimes sunders is not the person and especially now now that you're on tv too. Sometimes it's not the star or the wealthier person that changes it's the front then or the people from your that feel like she wouldn't wanna be invited to this birthday party in my backyard because it's just a little birthday party. We have backyard. And then you see that you've been excluded and you're like what am i. That's good that does happen to some short those so young. It wasn't like. I'm married rob in my thirties right. And then my life changed your life. Half of your life grew widow. Me in that experience i love were my bridesmaids in my extravagant wedding. Roy are mid twenties..
"$ 20 million" Discussed on Juicy Scoop with Heather McDonald
"The brother. The hot brother love. What is the story behind him. Growing up here and then going overseas becoming a pop star. I it's a story behind your brother. It's super random. Just a little older than you are. So yes i'm just turned forty okay. Great contrary to everyone thinking. I'm a lot younger based on google. Based on your look what does it. Black don't crack asian no raisin. Yes sir true. I'd like to so yes. So jeff went to the michigan. And i went to uc irvine. Okay we both studied abroad in china. He had studied abroad my senior year so his sophomore year. Okay and he just called us and said like they were. I think he got discovered. And i think the the Management was looking for american born chinese at the time. Okay because it. Just china was just opening really walis in china gone and then he called hollywood to become. Yeah and i would like my trajectory was medical school business school like we were just kind of classic asian american rally and and then he called us like oh. They want me to do this demo. My mom is like what is that you know. I don't even totally out of the realm of our whole lives. And he did it and then he's like they wanna sign me and my mom's like over my dead like you're going to finish college like this is not a job that you're gonna approach what age to start was like nineteen. Oh wow okay. And he was saying. Like jeff saying at shaw is like in jazz band. Yes so i've been vocal jazz or you shall we rosenberg and and But we thought it was cool like even dirty we like nerds or cool and so he just signed the deal. And then my mom's as long as you finish michigan. I'll let you try it. And so he flew back finish school within like a year and then went back and then hit. He re released an album and then one mtv best new artist. Asia was really weird because we were just in l. a. Watching it happen but it was so like so like fifteen years ago. Twenty or twenty years ago. Yeah and that year zero. I'm rob and so i think my mind was. We need to know all about okay. Okay helped my mom and dad sort of have more open mind to jeff pursuing something in the arts other than like science and medicine. Yes yeah so so. That's what happened. It was really and he has been doing it ever since he started he single. He's saying. I think. I mean are people just besieged like are you just besieged with like hornacek's that wanna meet him an men he said but you know he was engaged last year. Our did you like her. I love her. I think the kovic they were. I called a covert casualty. Oh yeah and i said if it's life can get really hard with kids and everything so you guys can't make this work in. I would say like if you have to go through a lot if you're doing like more than just like one or two just like counseling to get ready to get married like full-blown therapy before you get married. I say no. Yeah it back together. Yeah they jeff is currently single. He's like i have a lot of men and women but he got his a lot of women live right now. Though he lives in shanghai 'oh we have a house in beijing. Robin i and he's in beijing because china's and locked down to can't go city to city so he's at my house now. Okay all right. He's an he's comfortable and he's turning the water for me. So it's it was so cute because i'm like wait. He's like a manny uncle superstar singer. Doing cartwheels like in the library. Manny because it was fighting. He's yes but he's my grew up in a very traditional chinese household and when they say it takes a village at does and everyone chips in parents were not born here. They were born in china but they met here in the states in both came over. How old my mom came late twenties down thirty. They're like full adult. Yeah my dad. My dad was twenty three years older than my mom. I was thinking very different times of china and interesting. And then you mary rob and he's how much older than twenty years old there. Oh okay yeah okay. So how did you guys meet. Everyone's wondering how you met. So i was a sophomore in college at irvine at irvine and i actually thereby mom a birthday party. Like a surprise luncheon at beast regarded in term right. Oh my gosh. That was such a good place to have the like the lunch. The bridal showers ledge ledger that my dad was like. Yeah do for mom. My dad wasn't really like that kind of guy but he's like yeah. If you want you know like you do it. Just pay for know. And i do this little surprise lunch and i remember. I was exhausted. Because it's so much work into it. And i was a kid i wanted it to be like so perfect and then my friends had texted me like do you is one. You want to go to a birthday party tonight. And i was like no. I remember lying on the couch. Mom was like go like you did so much for me today. Like she was like hi and go. So i go to this party which was in west hollywood at this big studio and it was rob's office that he was hosting a birthday party for his friend. Now who is the friend that had the connection to this party. I had some girlfriends who are older than me. Ellie party that whole thing. And it's funny because i have friends to houses friends driving up some hill off of sudden. Sounds like a good part valet like it would be like and then you're just like okay. This is kind of fun. Yeah totally that was like my sort of teenage college years. And but you know i think rob of weary of those girls and they're older and we went to this party and then i met rob there and we just talked to look very different and i think also because i was in college. I had my path So i wasn't like looking. I like my parents were ten years older than me. But i was not looking for anyone and then we just met and then he called me the next day and it was always under this veil of like befriends like i didn't think about dating him but then he called me next day like asked me out on a date our like nineteen. I was twenty. You're twenty and he was a forty and that did that like freak you out or did you want to almost hide that from like college leaving so he didn't know until i and i was like i would never live like such an open book in general. I'm like i'm proud of fake ideal. Could you get a cocktail out with him so no. I didn't have a fake. Id and i remember. We went to like ice. I soon turned twenty one. But i didn't drink anyway so don't really matter. I was really buttoned up kid like you know even like i went out and stuff i would never have gotten drink. I just liked the idea of like getting into a club right somehow. Yes but i was never that kid. So i remember he took me into mr chao for dinner and you know they bring the champagne thing and i was like. Oh they can ask for an idea. But i didn't drink like. I'll have an ice tea because i don't drink so still not drink. I drink zoe it's nine. Am i'm like worse cocktail. You know so now. I'm like now. I'm known for like my cocktails just so many. Oh that's right. Yeah lightning speed of the cocktail drinker. But but also like even though i love to make i love it because i love hosting and stuff so i don't really have a lot but no i wasn't a drinker then and so that's how he met. Go on fancy day. Our first real date was the finding nemo premier so he asked me the next week..
"$ 20 million" Discussed on Uncensored Direct Marketing
"You know have a strategy for cr- generating a profit for their investors. That's how it works in silicon valley. I like i at at some point. I don't think facebook ads on day. One and they were still pretty early in the the clubhouse bet there's gonna be some sort of ads which would be great actually audio kinda like like. It's like the radio to radio ad. Yeah exactly radio ads club. It'd be great. And i know that clubhouse clubhouse is gonna one trend is at clubhouses gonna be like the new wake conference like virtual conference you probably already know that like net more marketers are going to be entering. Their and sharing information is pretty incredible. Like you get some really really high level people like really really high level. People like i was listening to a room Like know i'm into like the crypto stuff and whatever i was listening to the room about crypto and and it was like people who have like a tremendous amount of wealth and knowledge. Also i mean it's it's it's very interesting and i definitely think that there's there's room to grow in the for sure that their strategy is let's get as many you know ears. I guess as possible and then we'll monetize them when we figure out you know when we have X amount of people or whatever Last question just a selfish last questions you find a tiktok as is monitoring on tiktok. What are you getting trophic or you said you were. You were testing it or we're gonna test we haven't oh you're going okay. I'm curious. I don't know i've never been have the app my phone. I don't even know how to use it. But i'd probably should no. I mean i see a lot of people that are kind of intermingling facebook and their tiktok like they're putting their tiktok on like facebook stories and i'm always like i wonder if anybody's making money off tiktok so i was kinda curious because you mentioned spoke with highly uvira yesterday and He's he..
"$ 20 million" Discussed on Uncensored Direct Marketing
"So. That was interesting That's that's definitely. I mean if you have the the interesting thing obviously about your businesses you have a segment you so you can create products for that segment you can reuse that list you can re market and you know obviously offer them things that they're interested in and and that's like you know email is obviously i feel like emails made a comeback for me like i am email kind of went away when facebook and all social media's kinda came and now i feel emails like you know the comeback kid 'cause you don't have to worry about the ftc and compliance and all this stuff you can kinda say what you want to say and an email So talking about that. Specifically wh what i mean i know that you know. You're not a traffic expert But i know a lot more traffic than most people. So i'm just wondering like what you. Where do you guys get most of your traffic. Or what are your best tips for getting Getting traffic yeah well okay. So the way. I view it is my my best. Tips is like find someone better than you better than might need to do it. which is a lot of people right so is i'm not good at all athletes though We did i had done like. Cpa network stuff for a while in. That's if you're an offer. Owner you're putting your offer fronts sensor network. That's fine daniel. I think it will work until a certain point. And then if you start scaling it can actually be more headache than yeah. The juice maybe not worth charge back. Yeah ours back. Can spam lawsuits right like there a lot of negatives that so that's what makes you know traffic light facebook youtube google all that stuff way more attractive than i think you know. I could talk free. Our approach is that we we just parbat. The right media buyer come in and more crowded was very smart super intelligent. Very good. Marketer understands copy. Eaton's this virus your buyers. They may not understand the copy. And i think that's a disadvantage me buyers. Nida understand enough to to be able to communicate and come in and just express what would be good right. That's how having a media buyer that understands. Knowledge does on. Facebook been new but has not been able to Work with our creative team and getting the assets. He needs Yeah that's that's my number one tip it be that but then you know if you go deeper than that will. How like the for us being able to on like that because like you know not. Not all of them. Are you know As good as he is Gonna have often always comes back. Because even the offerings of former to certain certain metric needs to have a certain vlc justify cpa's sarah's back down grew creative is like the new this So so basically if you have. Yeah no no i mean. Basically you're saying you know. Get get a media buyer if you can And if you can't you know getting an offer to work on cold. Traffic seems to be the winning formula versus Maybe working with an agency which could be short term short term gains for long term headaches. I mean there. I'm sure there are some great agencies..
"$ 20 million" Discussed on Uncensored Direct Marketing
"Like it's yeah. It is surprising because share held cited so like ugly customer service died. I was talking to an actual. You'd have someone who brought in help. That customer service in listening to phone calls and listen to hundreds of calls and he said he's in a lot of different companies will look this market with christians. For whatever reason they're very nice people right like very easy to deal with internal refunds chargebacks Whereas we had another business like the site name was just like non christian so it was just very aggressive hostile aggressive. So maybe it's a man verses men and women thing or maybe. It is a christian than where he stopped. Lot of these people are salt of the earth. Like if people really wanted to do you know they really do. Believe in the golden rule do unto. Others would want them to do so. I think that has helped the economics of the business because they've been so easy to work with on the back end with refunds chargebacks so it helps the helps. Everything helps about a mile. So that's something that's interesting That i've learned gene find. Do you find andrew. That like the same principles. Apply to any niche that you would like the same. Would you be able to say you would kill it with an offer. That's geared towards. I don't know Greek orthodox or you know what i mean. I mean yeah any religious or any type of like just very niche market like. I can't really. I people who love golf. I don't know you know. I don't know i mean i think the answer. I don't now need in order to have to try to do. Some agree. offer intel you you..
"$ 20 million" Discussed on Uncensored Direct Marketing
"Thousands of servants of the course my early life So i think that. Put me like i understood. I understand the psychology like like my parents a lot of times. The demographic is is my family. My parents especially So anytime in especially the my secret weapon anytime. I have a challenge. I want to go talk to mom and dad and see with the shortcuts again. Genie for for copy in like different belief so You know that that probably has helped me perform than just having the success of doing that said well. Why not like another offers another niches. That aren't christian that have done decently well But it's just. I think that That that's why. I think that answers that part of the question. Now what's different about that market right like that's the part. You want to know as well right. Yeah like because. I have been seeing an again. Maybe it's because i'm talking to julia and sometimes when you like like when i wanted to buy a white car i just kept seeing white cars everywhere so it's kind of the same thing i'm like. Is it because i'm noticing it more or is it just becoming a trend now that i'm seeing a lot. More like offers geared towards christians so a couple of as a look at it. I think it's just is a good really good book. Copy slash marketing book by eugene schwartz called breakthrough advertising. I'm sure you've heard of it There's a part of the book talks about like the different stages of awareness in a market. Right I don't remember all the stages. But i think the final stage is gosh knows the copywriter bring watching. This is gonna help me out. I get a wrong but I think it's identification. They identify with the person who is selling a product right. Because you have like okay so like the first days just like promise making a promise like hey An example of that would be you know. Lose twenty five pounds and when that type of marketing mess perpetuated market. A market savvy is up and goes. I've heard that before. Like luke twenty five pounds. Everyone says that right..
"$ 20 million" Discussed on Uncensored Direct Marketing
"Always talking the club houses He's a superstar Are the best in the world of biz. Dev which is good. Because i don't you know. I don't have that skill. It's great to have he has In that sense but he'll bring him in and then. I'll help prioritize k. Can't do all these things we got to bring it back to earth earth but you'll bring him in and so it's Yeah it's it's that kind of answer your question. I don't know if i mean it. Sounds like what. I what it sounds like to me. Is that you guys pretty much own different pieces but each other's so you do say ninety percent and he'll jump in and take that last ten percent and kind of bring it over so I mean that's that's pretty interesting. And i and i love you know obviously hearing i love really understanding the how people work together. It's an area of interest of my. Because i'm always like i you know i'm alone and i'm always like i've always kind of toyed with the idea of getting somebody. I'm i guess i'm not. I'm not super creative. I'm not like the most Out there in terms of creativity. And i'm not a great writer or anything like that. I'm for me. I'm very methodical. I studied it so it's various kind of procedure. I'm very good at procedures and stuff like that. So i thank you for for humoring me and answering these questions i'm always curious partnerships wasn't that made me realize that might have not realized before but i think another another thing i mentioned is that Having a partner like juliette maybe it's not all parts of create some sort of like internal masterminds a lot of people will say oh go to these masterminds and like you know pay whatever thirty thousand hundred thousand bucks and then they'll get like these ideas you're speaking with a lot of high high level people right but it's almost like we have that will those types of man had been some of those so i would. I would know how to compare but partner permanent. Julian it's almost like we have that level if not even better because we're both like have skin in the game in the same business. We have the mastermind daily. So we're able to stress test of us we're able to Question each other challenge each other as an owner assumptions. Because you know i mean. The biggest biggest business mistakes are made are are paved with like bad assumptions. Right so we'll go off. The conversations will be very philosophical like just talking about like well. Why did we believe this or you know. i'll challenge. if he thinks we should highest personal. Why do you think that while block. So we'll we'll be able to simulate a lot of heavy say in even with our copied you will be able to work in a way that simulates the copies so we don't have to test it. We traffic we like take it away. Like no i think you're you're questioning Does your your really exposing the assumptions here and we both agree that this is a valid path to go for. Is that make sense like it's coming for sure. It's it's it's and you know if you don't have that as a business owner You know then. Getting a copy culture getting feedback is basically we come back to the same thing you you always in this industry. You can't you can't even if you have offers. That are doing eight nine figures a month a year a month or whatever the cases like you just. You have to make sure that you get feedback. You have to make sure that you keep ahead of the game. And that's what you guys are doing. And i want you guys to start a clubhouse chat when you do the those talks..
"$ 20 million" Discussed on Uncensored Direct Marketing
"It's like going from zero to where you are now running. You know twenty thirty you know. And so on. Million dollar businesses Is is nuts like this is. This is an industry where you know if you really put a lot of effort in it and you get the right coaching. You get you know Help you can really see some. Some some headway. You can really obvious. Increase your wealth so You know i. I love that story that you went out like your first thing was. Hey i went out. I go to coach. You know to get better so that obviously says that you had the tools you know. I mean you thought that that was a good idea so That's really cool. I'm curious you know you went from copywriter. And now obviously you know you did emails and so forth and now you're you're owning a coupla offers. What what are your biggest challenges like what. What did you go through to become from copywriter and offer near you touched on earlier. You said you had a couple of nightmares. Tell me a couple of nightmares in a couple of things that you you learn along the way well where we began the lakers. All you know What are we begin. He's i mean too many to start with the we'll start with like the part. I often that did very well. That's actually you know the one that julia may have mentioned. It was the the shepherds diet right. It was like a christian. We offer did really well at the time. I think it gross thirty million bucks in the first year. Something around there And i was a copywriter. But i wasn't the owner right and i learned that was that was. That was a hard lesson for me because i saw successful. It did and i wrote hundred hundred that coffee but i at the ended. I got screwed of that deal. Like i didn't get any of the roses. Isles promised they offer owners tried to lock me in this lake thing. Well if you want to keep the royalties you gotta like with other offers. And they changed the deal. After the fact and i was just like we said well with me stars like that's you guys. I'm outta here so that was first lesson your that Bley put some trust issues like having that experience made a gave me some trust issues with potential partnerships. Right so maybe a good year. They're mocking partner with anyone. I'm going gonna do this in my own That was probably a bigger to get over that trust issue right because you know again like it's partnerships are like marriages. You know you just don't get married anyone right like you've got to treat it with a lot of respect a lot of You gotta you gotta let it grow or anthony. Which i which i did with jillian. So that wasn't something that overcame in overcame with new a beautiful partnership so far..
"$ 20 million" Discussed on Uncensored Direct Marketing
"I mean it's it's interesting that like A couple of things that i liked that you touched upon his leg just obviously happenstance and meeting julian and just clicking and taking advantage of that relationship but also you mentioned earlier and i just want to understand a little bit your path into becoming carburetor. You mentioned that you got some copy coaches when you kind of went to that. What did like what. Where did you look for them. And why did you think you needed them at that point. I think i answered the first the second question first which is why did i think i need them. I think it was just confidence. Our lack of at that. Point right. Like i hadn't i hadn't like.
"$ 20 million" Discussed on Uncensored Direct Marketing
"I have andrew contreras who is julian epstein business partner. Julian was on our show. A couple of weeks ago So i thought we'd fill in the gap and talk to andrew today. 'cause andrew Is definitely a a mastermind behind the business. And it's gonna share some very insightful things with us copywriting and offer being an offer owner So andrew can you just tell us a little bit about your career path and how you got to where you are today. Yeah sure why. I guess we can Start in the beginning the beginning so i got in this business. They direct response marketing. It was like two thousand fourteen. So i'm actually relatively new to the industry What is at seventy seven years ago. I started out. Yeah i i was. I the owner of a sophomore company name athletic greens And i actually met him in the gym. You're you're now and he was very very guy and he was He said something along the lines of like you really get working out. You're really you know I love you know maybe maybe you can come and help me grow my business somehow related you know being really going to the gym or whatever the time to being able to help them with his business as heck i was actually in my life. I was actually in another transition from You know my previous greer's oil and gas business might my in. This may become relevant later on the conversation But i was like. I studied engineering and school That i was doing was like not creative. Cloud direct response marketing copies very creative like i came from a career. Were like a link. Asses is the gas industry generals about as non greaves yet. just pretty much and I got out of that career. And i was like you know my mid twenties single sizes like left the united states south america. That's where i met the some. The company and quickly realized that The key to growing business direct consumer was copy right like that was very clear to me like the words that you right to a. You know people they can like..
"$ 20 million" Discussed on KNBR The Sports Leader
"What do you mean play just in school that left tackle that you want to do that? You see the Thursday night game against the Smith brothers would see And I understand why they paid him too much. You know to me that that's a horrendous argument because every single year no matter what the sport is, you're going to pay more for the position. Remember when the Raiders traded Hello, Mac and Jon Gruden said I'm not gonna pay $20 million for a defensive end. Well, the market blows past that $20 million is just what you have to pay. And while people will complain about what you pay a guy The market dictates what you got to pay a guy and that's what you have to be a guy if you want to keep talented players, so I have no issue with it, Will it? Will it possibly hurt them in the future? Yeah, they had to put some of these moves this year on a credit card. But they believe without the injuries there in a championship window. I believe that so if you're in a championship window, asked Joe Lake up. I think the 40 Niners without injuries are in a championship window. I think you have to take advantage of that. That's the 40 Niners are doing with this offseason. By the way. Jon Gruden, Irish He looks Irish short, pasty white guy. Think Frank's family. Sorry. I'm just kidding. I was just checking Irish screwed in That looks and sounds. Jeez, are a liar. Allah are all Irish sports team is that more coaches than we do, players? What does that tell you? Well, plus, they're not gonna be able to play in the sun. When they're at their last sunscreen on the sidelines play to go close the rooms. Hopefully, it's an inside sport. Man outside the sun is gonna be the enemy of this team. Thank goodness they're gonna get sunburned by halftime. Anyway. What were we Slovenian descent. She's not a chance that Slovenian. We got to the bottom of that one. But So if you're the 40 Niners, let's get greedy here for a second. There's one guy that I thought of, and I know there's different positions. Backup quarterback Outside corner could still use a guy in the slot defensive tackle We talked about D. J. Jones. But if we want to get really greedy There's a position that Kyle's been talking about for a long time that he would like to upgrade and that is another tight end. Next to George Kittle. The Patriots, of course, went out spin. McAfee can McAfee from Notre Dame? That's a double. Well, that's another Notre Dame and McAfee. That Zach tell me what side and you you're talking about. But let's do when we come back because it's almost noon. John, can I am I'm positively parched. It is ST Patrick's Day. I know you started nine a.m. it. This whole Trent Williams thing has got me off a little bit. So alright, we'll discuss more. There is one player for being greedy. We'll give you that next. Remembered specific catch golden ticket giveaway to celebrate her 18th birthday Pacific catch offering 10 lucky guess the chance to eat free for.
"$ 20 million" Discussed on NewsRadio KFBK
"And Denver. Person point I made months ago proves the point I made two weeks ago that when you have a mob using violence for political ends doesn't matter what slogan they're chanting Flag there, waving. They have to be met with force and force has to be used to deter that violence. And if it breaks out to stop that violence that has to be the standard that we apply, whether no matter what slogan a mob is chanting, they were smashing windows and burning buildings when, but Donald Trump was president and other doing the same thing when Joe Brydon is president. No, you have in cotton brings up a great point. At what point Do we put a stop to this? That this is not acceptable behavior? You know, we've got a group out there. It doesn't matter who's in charge, right? We're just gonna go out and Ryan and a lot of that has to do with the local governments. I mean, if if the governor of Oregon and the mayor of Portland, right, it's not gonna do anything about it, Okay. It's difficult for the federal government away and also props to the local authorities in Sacramento because, Okay, we reported earlier the bill for taxpayers to secure the capital. Is about $20 million wasn't cheap. No, but Antifa protesters were out there and got nowhere near the cap. You know, I saw this picture of one of the law enforcement agencies. I can't remember which one tweeted this picture, So it was in front of the Capitol and you see, like 50 Antifa. Protesters standing right there. And then as you look up, you see a fence and then this wall of law enforcement across the front of the Capitol. There was no way anyone from MTV was gonna get close that capital. They did a great job there. And if Antifa in Sacramento should branch out start, you know, smashing windows like they're doing in Seattle important. We can only hope that maybe justice will be served. And they will stop damaging property belonging to other people. Right and businesses that are struggling enough amount, right? No kidding. Anyway, that was our featured audio clip this hour. We do that five minutes past every hour. In our program. We bring you audio clips you likely have not heard or seen on a network newscast, the local newscasts. Giving you a different perspective on the day's events. Okay, let's get you caught up now on this hour's top national story, Bro. Maybe. See News. I'm Brian Clark, one of Major League baseball's all time greats. Hank Aaron has died, according to multiple reports emerging from Atlanta, where.