35 Burst results for "2.3"
Mark Levin
Why Is Semafor's Ben Smith Slobbering All Over Nikki Haley?
"Of course attacked my stepson and me because he works with DeSantis which the world whole knows but apparently they didn't but I make my own decisions I decide what I'm going to do you have adult children don't do what they want to do and that's okay you know I'm just thankful we don't have any kids that support Bernie Sanders you many callers come here and correctly say my god I've lost this kid didn't lost any of our four let me go on operations were initially supported stick me with you'll see how this works by twenty five million investment funding as well as revenue generated from advertising in person that investments you know their biggest initial investor was mr. producer Sam Bankman freed is in prison for ripping off god knows how many people that's inauspicious beginning I would say but this is 74 so their first investors in a 2023 semaphore raise $19 million in additional funding from investors to replace the money that they had received from Bankman free so what he was their largest external investor their largest external investor so that shows you some of their judgment now they don't put that up on their site they don't have a footnote so people quote semaphore go to semaphore they don't know these things there's more in March 23 semaphore launched its China and global business initiative quote -unquote a collaboration with the center for china and globalization ccga think tank registered as a non -government patient though its independence from the communist chinese party has been disputed semaphore has said the project's purpose is to offer quote a diversity of opinion unquote an alternative to washington's hawkish consensus on beijing now you know what that means of peace communist china for business the initiative would consist of regular events in new york and beijing and would foster dialogue between business leaders and increasing china u .s tensions now you see why they're promoting Nikki Haley if they don't present any of this on they the website don't reveal their connections they the don't other business model semaphore's partnership with the ccg has occasionally come under scrutiny semaphore's show justin smith said semaphore would go into the collaboration with eyes wide open that that it was under no illusion that chinese business leaders are other local groups operate he said they would
Mark Levin
Survey: Majority in the West Bank Support the Oct. 7 Massacre
"They did an opinion poll. Revealed that a majority of in surveyed Palestinians Judea and Samaria support the October 7 massacre carried out by Hamas. And an even wider majority have a first factions. Wow. And this is after the massacres. Asked on their view of various entities, respondents answered overwhelmingly in support of the terrorist organizations. Now you know how mosque got elected in Gaza. Palestinian Islamic Jihad, that is the Muslim Brotherhood, with 84 the vote. % of Al -Aqsa martyrs brigades. These are vital terrorists, got 80 % of the vote. And Al Qasem brigades with the highest 89 %. Hamas got 76 %. Hamas just is not subhuman enough. So here they are, these four terrorist factions. Palestinian Islamic Jihad was supported by 80 % of the Palestinians. The so -called West Bank, that's Judea and Samaria. Al -Aqsa martyrs brigades, 80 %. Al Qasem brigades with the highest 89 %. Hamas, 76 %. Political bodies, the press and other less appreciated. The governing Palestinian Authority, only 10 %. Though the ruling party, Fatah, slightly higher, 23 %. Russia was the most positively viewed country with 40 %. Iran received 32 %. Britain got 3 %. We got zero.
Mike Gallagher Podcast
A highlight from The Mike and Mark Davis Daily Chat - 11/14/23
"Lots of channels. Nothing to watch. Especially if you're searching for the truth. It's time to interrupt your regularly scheduled programs with something actually worth watching. Salem News Channel. Straightforward, unfiltered, with in -depth insight and analysis from the greatest collection of conservative minds. Like Hugh Hewitt, Mike Gallagher, Sebastian Gorka, and more. Find truth. Watch 24 -7 on SNC .TV and on Local Now, Channel 525. 738 on this Tuesday, the 14th day of November. Lots of Texas political news. But I did get a chance to spend a moment there in the opening half hour saying that I grow weary of the moral fog. In fact, on Twitter just a couple of moments ago, in these fractured times, I'm glad to give a Democrat some credit. Democrat Senator Chris Coons, who is right on Israel, was confronted by this stooge pro -Hamas activist on a train who badgered him. Why not a ceasefire? Why not a ceasefire? Sometimes moral clarity is something that needs to be delivered in a certain fashion. I'd like to think I have it intellectually and conceptually. My buddy Mike Gallagher joins us, who had an experience yesterday that will bring that kind of clarity in the harshest but necessary terms. I just can't wait to see how this day went. It had to be amazing and I'm just so glad you're here and the floor is yours. And tell everybody what you got a chance to do yesterday. Well, it was something that no one would want to see. It was pretty brutal. It was worse than I thought it was going to be. Israel put together a 45 -minute sort of a collection of video and audio and still photographs. They were videos from the terrorists' GoPros and their cell phones. There were closed -circuit videos and there were audio intercepts. They got audio recordings of the terrorists calling their families. The IDF was able to tap into some of these calls where they were calling their parents excitedly, saying, I just killed 10 Jews with my bare hands, Mom. Your son is a hero. Your son is a hero, Aloha Akbar. And they're all joyful and ecstatic. A couple of takeaways. When you watch the brutality of the violence that they inflicted on these innocent men, women, children, elderly people, there are a couple of things that really stand out. Number one, the ecstasy and the joy that the Hamas terrorists experienced as they were killing people, including little babies in little onesies and little daisy outfits and cute little kids covered in blood, slaughtered brutally. And they were absolutely euphoric, Mark. That's the only word to use. It was ecstatic for them. They had such a joy. And I kept telling myself, there's no way they think that Jews are human. There's no way that they regard them as human beings. You couldn't do that to another human being and have that kind of satisfaction. I mean, let's face it. When you think about crime in America or crimes of passion or murders or robberies or whatever, what have you, normal people don't have euphoria when they cut somebody's head off. They don't get joyful and they don't call their moms and brag about it and say, look what I did. Look what I did. So number one, that's one of the big takeaways. And the other thing I kept thinking about, and it was a somber mood. It was at the Israeli embassy. There were a number of some media people there, some pastors. It was a gathering from the International Fellowship of Christians and Jews who we worked with closely right after the terror attack of October the 7th. About 60 people in the room, maybe 70. It was very somber. It was very well done. But as you can imagine, there were tears. There was crying. There was weeping. One pastor in front of me, in fact, he happens to be a pastor from Sarasota, not far from where I'm at right now. When it was over, he kind of flung himself down onto the ground and laid across the stage and was laying on his belly just heaving, just crying and sobbing. I mean, you're looking right at the face of the devil. You're looking at evil with this. And I kept thinking, Mark, how I wish the people marching at Columbia and Harvard and in Austin, how I wish they could see this video. From the river to the sea, you proud now? You proud now? I mean, you know, the one pastor, I spent some time, I pulled double duty after the show and then I did the screening at this embassy. And then I was asked to do an afternoon show for WAVA, which is a huge Christian teaching and talk station. Over in Arlington, yeah. Yep, the Arlington. And so Don Crow has been out on a medical leave and they asked me to fill in for him. And I had with me Bishop Lanier, who is the chairman of the board of the International Fellowship of Christians and Jews, as a very profound speaker, very eloquent, very, you know, just a great orator and a great man of the cloth. And he said, look, I don't think we're going to change their minds. We need to change our minds. We need to change what we say from the pulpit. We've got to stop the equivocation. Well, it's two sides here. People are dying on both sides. That is both -sides -ism of the worst possible stripe. It really is, Mark. And I just want to reiterate that because I don't know that Israel, listen, if Israel was guilty of any of the stuff that I saw yesterday, that I experienced, and again, I'm not trying to be melodramatic. It's one of the most painful things I've ever, ever encountered. I mean, and I'll spare you gory details. You can imagine how bad it was. I mean, you already have seen some of it, you know, lining up on the streets and just shooting into cars of innocent passengers trying to drive down the street. But there was one scene in particular that got to me the most. I do want to share it with you. There was a father alone with his sons. The mother was gone, and it was in the kibbutz. They did a horrible massacre in this kibbutz, which is like a Jewish religious holy neighborhood, you know. But they're beautiful little homes. I mean, oh, their homes were so cute and decorated and, you know, plants on the porches and everything. And they were meticulously taken care of. So here's this father in the house, and it's all captured on the family's closed -circuit video. So they had like a ring system all throughout the house and outside, and it was all captured. So the father is with these two boys. I would guess the one little boy was about seven or eight. The other one was probably 11 or 12. And the little boys were in their underwear. And the shots ring out, and the father, they're all terrified, and the father desperately tries to protect his children. He scoops them both up, and they run into the backyard, and they go into a little shed that's in the backyard. It looked like a little gardening shed. And you see a Hamas terrorist come around the corner and casually pull the pit off of a grenade and throw the grenade in the shed. And it blows up, and the father immediately slumps out of the shed dead. You could tell he's instantly dead. But the two little boys are alive, and they come running out in their underwear. The one boy, you can see it looks like his eye is missing. He is terrified. The two little boys are crying, Daddy, Daddy, Mommy, Mommy. They go into the kitchen. Now the closed -circuit video picks them up in the kitchen where they're talking to each other. And they said to each other, and it's all translated, of course, and they said, Is this real? Is this real? I think we're going to die. Daddy died. Daddy died. Where's Mommy? Where's Mommy? And then the one little boy turns to his brother, his little brother, and says, Can you see out of that eye? He says, No, I can't. And he looks at him, and you can see that it looks like his whole side of his face was injured from the grenade. And he says, You can't? You can't? You can't see? He goes, No, I can't see anything out of my eye. And the little boys are crying, and they're calling for their Mommy. And then the closed -circuit shifts back to the backyard where a kibbutz security guard, actually two security guards, have escorted the mother to the property. She had been away. So they take her to the back of the shed where her dead husband is laying. She is now in anguish and screaming and collapsing and screaming, Where are my boys? Where are my boys? At the same time, the two boys, they run out of the house in the front, trying to escape. And Lord knows what fate they met. I don't have a whole lot of high hope that they made it. And I'd like to look into that. I'm going to follow up with my friends at the fellowship to see if those boys were reunited with their mother. But that's the human suffering that I wish people who seem to dehumanize Jews would see. It was eye -opening. I'm glad I did it. I'm honored that I did it. I'm glad you did, too. I'm so glad. But it was awful. And I wouldn't want anybody to see it. For people who – and sometimes you can hear people in your headphones and hear people driving around. And I want to give a voice to people saying we could show a horrible video of a Palestinian child to whom something terrible has happened, and that is undeniably true.
The Podcast On Podcasting
A highlight from Ep410: Why Your Podcast Needs Taglines and Subtitles
"If you totally messed up on your regular title, use the tagline and subtitle. And you might be asking yourself, well, is it hard to change the title of my podcast? No, it's not. Once you have been approved, you usually can just go in there, change the title, and it will update in real time. Most hosts never achieve the results they hoped for. They're falling short on listenership and monetization, meaning their message isn't being heard and their show ends up costing them money. This podcast was created to help you grow your listenership and make money while you're at it. Get ready to take notes. Here's your host, Adam Adams. Hey, podcaster. It's your host, Adam Adams. And on this episode, we are talking about a couple of things. One is a tagline. One's a subtitle. And technically, they are different things. They are going to be used for the same purpose as we talk about it in this episode. And ultimately, what that means is you're going to have a title to your podcast, your whole entire podcast. This one's called The Podcast on Podcasting. And that's going to be your title. And then you're going to have a subtitle right after it or a tagline right after it. Now, it's up to you whether you use a subtitle or tagline. The goal of it is going to be the same either way. It's going to have two pieces. So write it down. Two main pieces that are most important for you to incorporate through the tagline and the subtitle. What's the issue? The issue comes when your podcast title became too creative, too clever, and not concise. So when we say when it's clear and concise, those two C words, it's good. When it's clever and it's… I don't remember the other one. But when it's clever or just a fun, exciting, or something that you just came up with and you think it's going to be great. The problem is if it's not clear, it's not concise, then you don't know if you're a perfect listener. We'll call him or her the avatar. You don't know if your perfect listener is going to find you because you came up with a catchy or creative title like the Ooga Boogas. You came up with a clever or catchy title like I can't even think on the spot anymore. But you get it. Like when you put your heart and soul and you just come up with a title and you're just like, oh, that's cool. It incorporates part of my name. But nobody knows what the hell I'm talking about. You know who you are. You created a clever or catchy title. But there's no SEO. There's no searchability. There's no talking to the avatar. You messed up. You messed up. You weren't clear with your avatar. You weren't concise with your avatar. And the avatar has no idea what you're thinking right now because you went so clever when you created a title. So you already made that mistake. Great. No problem. That means it's time to add a subtitle or a tagline. And where are you going to put the subtitle or tagline? Two places. The first of those two places that I want you to add the subtitle or tagline is just right there on your artwork. So right now, your artwork is two catchy words, three catchy words, four catchy words. But it means literally nothing to the person you're trying to attract. Your perfect listener, the avatar, the person you want to work with. It doesn't have anything to do with them. They couldn't find you. They don't know the name of your podcast. They don't know your first and last name already because they don't go and search for. Hmm. I wonder if there's somebody named Amy Johnson and I could type in Amy Johnson and then I could listen to her stuff and it might be good and it might be bad, but I'm just going to randomly type in some random name. Amy Johnson. It's not going to work for you. Don't be clever. Don't use your business name. Don't use random colors. I was guilty of this. I had a company called Blue Spruce and I'm like, well, Blue Spruce, because it means the Blue Spruce is an actual tree, but it only grows in like Colorado and Utah. And so people are going to know that we come from here. And it's interesting because a Blue Spruce stands out from the other trees. And so you see like regular spruce trees, you see bird trees, you see pine trees, you see deciduous trees, and you got this gorgeous Blue Spruce and that's going to be the name. I named him a company, Blue Spruce, and that was catchy. That was clever. That was something that I knew what it meant, but my perfect avatar, if we go back in history, that was my company, was a real estate investing show. Nobody is looking to place capital and specifically searching for Blue Spruce at all. And so we had this company called Blue Spruce Holdings and people can't just randomly find us. When I came up with the title of this podcast, The Podcast on Podcasting, I wanted it to be clear and concise. I wanted my perfect avatar to be able to search it. I didn't call it Blue Spruce. I didn't call it Adam Adams. I didn't call it any random thing that somebody who didn't already know me could find. I called it something that someone didn't know me can find. I hope I said that right. I hope I didn't just say it backwards, but you get what I'm saying. So if you got clever, if you got creative with your title, if you named yourself some color or just your name, or you put in your business name for your podcast, I'm not going to say you're dumb, but you made a bad mistake. And how do you fix it? You got to do a subtitle or tagline. Again, there's two places that you're going to put this. It's going to be right there on the artwork. I talked to you about how you might have two, three, four words of the title there. Now that you have that, great. And you're going to add a subtitle. So you think about what is your avatar searching for S E O search engine optimization. So you're thinking about your perfect person. Let's call her Emily. So Emily is let's say 23 years old, say she's going through this. She's having a trouble with this. What she wants to overcome is that this is what keeps her up at night. Her ultimate goal is to be able to become this thing in this amount of time. She's a mom or she's not a mom. She's one or the other. That's your perfect avatar. It's Emily. And now you're thinking, well, okay, I messed up. I made a clever, creative title and I need something more concise and clear that she's going to search for S E O search engine optimization. So if she types in, how do I start a podcast? Or if she types in, how do I start a online business? You're going to put that thing in your subtitle. You're going to say how to start an online business for single moms. You'll put in how to launch your very first podcast with three easy steps. Whatever it is, you put in a concise, clear subtitle. It'll go on the artwork and where's the other place that it's going to be. It's going to be actually part of the title. Now this gets confusing because you're like, well, so I'm just going to have a really long title. Yes, because you already messed up. And so now you need to add to it so people can find you. And so you put it in anything that you think Emily's going to search for. And so S E O driven and anything that's going to call out your avatar. When she sees it, she's going to say, man, this is for me. So it's like for struggling single moms. And now that is a thing that's going to call her out. She's going to say, man, that's me. I guess I got to listen to this podcast. So find a way if you have not yet created your actual title, you're in a great position because you can create a title to your podcast that is clear and concise, that she's going to look for you and search for you and find you. And you can make the subtitle, the thing that tracks her to saying, Oh my gosh, like this person knows me. They know what I'm going through. And this just seems like it's speaking to me. That's what you want her to do. That's what you want him to do. So again, on this episode, we are talking about taglines and subtitles. We talked about if you totally messed up on your regular title, use the tagline and subtitle. We talked about it being into two different places that is on the artwork of the podcast and actually part of the title. And you might be asking yourself, well, is it hard to change the title of my podcast? No, it's not. Once you have been approved, you usually can just go in there, change the title, and it will update in real time. It'll update so that within a couple of hours, your whole list sees now your title with a subtitle, and now you're more SEO driven and you're more likely to call out that avatar, Emily, to say, man, this woman, she knows what I'm going through. I need to listen to this episode because it just seems to speak to me. I'll see you on the next episode. This is serious. Don't go. Now that you've gotten whatever value that you feel that you got the actionable takeaways, you need to implement the stuff that you learn. If you remember me talking about Bird Church once and they learn how to fly and then they walk home, I don't want you to walk home. I want you to fly home. So take the steps, take the actionable steps for your benefits that you can become a better podcaster. That's the only thing that I ask of you. And I'll see you for more actionable tips on the very next episode.
Bloomberg Radio New York - Recording Feed
Monitor Show 23:00 11-14-2023 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.
CoinDesk Podcast Network
A highlight from Crenshaw to Crypto With DeShone Kizer of One of None and Jorge Peniche of The Marathon Clothing
"DK, do you want to just give us the quick kind of how you guys now are working together and what we're doing now? It sounds like both of you have Roc Nation connections also, so shout out to Jay -Z and what they've done there. What's the future of how these brands, both one of non -marathon, are getting together and what you're going to be doing? And also, to JP's point, how are you utilizing that toolkit that they really helped to pioneer in going into the future? Absolutely. I mean, Avery, coming from the brand side of things, isn't this a dream? It's like there's not one thing that we have to like create new. It really became like a wait, we need to pause, go backwards and do as much research as we can because everything that we want to do from a technology standpoint, that everything that Web3 stands on top of, there's about five different ways for us to sculpt this to be something that is like directly in line with everything that they had been working on for a decade. So what we end up landing on is there's a couple key features that we thought we could really do in a next generation way. One is this concept of connecting physical to digital, taking, like you said, the free digital download alongside a physical copy and then relating engagement and reward opportunities based on your ownership of the asset. That's something that we thought that we could do better than anyone else in the world. That's where I spent the last three years. I understand the culture. I understand bridging the most forefront of technology into the neighborhoods that I grew up in. I knew I'd be the best at that. So that made me excited as a partner for those guys of doing that, bridging physical to digital for that. The second one is a big part of this is that there's a gap from the cryptocurrency to where we're at today within the proud to pay world that we almost missed out on. And that was, you know, the most traditional NFT drop. Candidly, we came in saying, you know, starting to partner with those guys at the early conversations into 21 or into 22, early 23 and saying, like, guys, this isn't a time for that. We're out of that phase of a traditional PFP project. It's time for us to go in a different direction. But, you know, under Black Sam's leadership, I quickly realized that, no, there's something that we have to go do still. We still need to make sure that there's a piece of the marathon in that PFP world, being that, you know, what he was doing and NIP was doing 10 years ago is what these guys have been trying to do. So we want to make sure we do this the right way. So what we partnered on is through Roc Nation. You know, that was just our relationship. They represent the brand. And so they've been in every call with us, making sure things go as smooth as we can and with some of the resources they have the power. And what we built is a traditional PFP membership to get things started. That's the next generation of Proud to Pick. Over the last decade, there's been a couple of different ways to get involved. Well, from here on out, the only way to get involved is through owning the marathon line, a true PFP project, but a PFP project that is true to the brand. I mean, from hand drawn art on every asset that's on it, every piece that you see, from an outfit to a pair of sneakers to a hat or items that have been released through the marathon. Every background you see is a monumental moment throughout Nipsey's Marathon that we're trying to bring to the forefront. So we wanted to make sure that we tap that first. Let's go out there and do a true PFP project to get things rolling. And then from there, you know, now let's get into all of those elements that we've been able to backtrack on of hustling and acquiring wealth, making sure you're turning your products into assets, making sure you're thinking about the longevity of your collectibles. So doing that through provenance and timelines and the ability to exchange the physical items. And through the random rewards that you just didn't know was going to happen, these things happen very quickly through our product to pay. So we wanted to make sure that we wanted to have an environment where you just never know what you might get. You might get an update a week before that. You got, you know, 10 percent discount on this early access on that. There's a lot of that. And what we call the marathon vault. And lastly, is making sure that once you're in this community, that you are first to know on anything that's up to come. So other from traditional drops they do in the marathon clothing to other digital initiatives, just from my little bit of time working with the brand, these guys have much bigger plans to not only preserve the legacy, but elevate the legacy specifically in a digital world across a couple of different activations. And we want the marathon vault, you know, the product to pay members to go to be the first to know. And, you know, kind of the one stop shop to be able to stay in touch on what's going to happen in maybe the gaming world, maybe the, you know, the Web3 world, maybe the cryptocurrency world. That's where we come in. We're the infrastructure. We want to be the connection between the physical and the digital. We want to be the platform that you can come in and log in and prove your ownership that you have that NFT to show that you're proud to pay member. And then essentially reroute you to all the different initiatives that we've been working on with these guys. So once again, discounts, engagement services to the products and what will be that back in dashboard for those guys and continue to. Once again, we weren't there with them through a lot of those stories, but hopefully use be the technology that can preserve those and push those forward the same way they're trying to push forth legacy. Just by the way, this is like one of the product offerings. So if you do have a proud to pay membership, you'll be able to purchase a proud to pay member only item. So it's like a diecast armored truck, which we actually have a real armored truck that resembles this race is modeled after something real. And each one of them is numbered. This is an addition of a thousand. So these are the type of product offerings we have. We also have like a all money in branded money counter, not just a bill counter, but the real money counters. Same ones you see if you're a bank teller and they're running through money, like saying it's the real deal money counter, which is something true to our brand. Obviously with the name like all money in, no money out. Yeah, that's what we're doing. Amazing. So how does one become a member? How do people join this community? First, we went backwards. We went to, you know, the a thousand Crenshaw signed copy official owners of the physical asset first. And then we went to also the mailbox money mixtape in 2015. There's a hundred copies of those at a thousand bucks a pop. So, you know, picked up those original eleven hundred there and then, you know, have been slowly rolling this thing out. You know, we're in the 10 year anniversary of the Crenshaw mixtape. So back on October 8th, directly on a 10 year anniversary, we had a little pop up event. So the collaborators on the project, alongside some new Web3 people, we wanted to get mixed in as partners into this, all came together to kind of announce this and get things rolling. So moving forward, the only way to become proud to pay is to own the Marathon Line NFT. So you come over to the Marathon Vault, you'd be able to purchase right there on the site. I'm obviously eliminating all the blockchain, you know, purchase a credit card, spend up managed wallets behind. But we're truly Web3. You know, that's another element to this is that there's no reason for us to shy away from blockchain, shy away from the NFT world. So while there is your non crypto native routes to everything, these are still, you know, we're operating either on an L2 polygon or an L1 Ethereum to make everything happen. And that's running in the background. So making sure that a true crypto, a true NFT lover can come in with their own non -custodial wallet and get the experience the same exact way that we can, you know, off chain. Which seems true to the final vision of what JP and Nipsey and the team were building, you know, way back when, bringing it to the future. We'll definitely keep our eyes out for it. Guys, thank you for spending so much time with us. We look forward to seeing where you guys are going with it. We'll make sure in the show notes, people can find everything you guys just talked about as well. And just, yeah, really appreciate you giving us the stories, JP, the kind of origin story of how this all came together, which was fascinating. TK, all the stuff you guys are doing with one of none. Really appreciate your time. Of course. Appreciate you guys. Thank you. I Sam, think this is the first time we had like a historical like piece of paper, receipts were ready. JP was not messing around. He remembers everything and he was there and it was really incredible to hear his stories. Yeah, I mean, I, as a hip hop fan, Nipsey was always on my radar as someone, as a creator musically. I did not realize how deep you went when it comes to his thinking about the ecosystem around his membership community and his fan base. I remember, I believe it's in Bobby Hundred's first book. He actually talks about how powerful Nipsey's like thinking was around this stuff. And he was a big inspiration for Bobby as well. So I was glad that we had them on 50th anniversary of hip hop in November. We had to make sure we represented. So pretty excited about that. And let's just wrap it up there and we'll see you guys next week. Dempsey, thank you guys as always for tuning in. This was a little bit of a different episode. So let us know what you thought and you love it. If you want to hear more sort of culture and hope you all have a wonderful week. We'll catch you all next week.
Bankless
A highlight from 196 - 10 Timeless Lessons for Crypto Investors With Morgan Housel
"Look, I'm a very optimistic guy, but the answer is no, there's absolutely no hope whatsoever. I would bet so heavily that 100 years from now we're going to have bubbles that would look exactly like they did in 1999 and exactly like they would have during the housing bubble. Pick your bubble 100 years from now, 200 years from now, that's going to be the case. Welcome to Bankless, where we explore the frontier of internet money and internet finance. This is how to get started, how to get better, how to front run the opportunity. This is Ryan John Adams, and I'm here with David Hoffman, and we're here to help you become more bankless. Guys, a lot has changed in crypto throughout the cycles, but some things haven't. We're here to talk about the things that haven't changed. We've got timeless investing wisdom applied to crypto from writer and investor Morgan Housel on today's episode. So a few different things you need to know for different parts of the cycle. We've got lessons for the bear market, lessons for the bull market, and lessons for the apathy market. A few takeaways for you. Number one, why the bear market was painful, necessary, and yet good. Number two, why those that survived the bear market now have an advantage. Number three, how to manage your brain during a bull market when things get frothy. Number four, how to actually be happy no matter how much wealth you have. Number five, the traps that you're going to fall into during the bull market, unless you know how to spot them well in advance. Number six, optimism versus pessimism, how to balance them to become a better investor. David, I could have been like listed 10 more of these because I feel like the insights per minute on this episode today were absolutely off the charts. We put in the title 10 timeless lessons for crypto, but the truth is there's probably like a hundred here. There's like too many to count and we didn't really count them. What's the significance of this episode for you? I think the most significant thing about this episode is the timing in which Morgan's book just happened to come out along with all of the bullishness that's coming out of the crypto space. We are about to enter a time in which the bull market beer goggles are on and we need advice like this to merge into our brain and have deep understanding of as we navigate that bull market because this is when the time in the market in which this advice is the hardest to follow, yet it is going to have the most ROI if you can follow it. This is like trying to flex your brain muscle, your diligence, your own discipline as an investor. And so like listen to this episode, write notes, listen to it twice, do something that you need to do to merge this information into your brain because it will save you multiples of your portfolio as you navigate the bull market. It is timeless wisdom. It's wealth generation strategy is wealth preservation. And it's also, I would say just like the perfect Ryan and David episode, one part investing, one part psychology. Like I said, just the timing of it all. I think it is perfect. Yeah. The wise investor wins. The disciplined investor wins. I think this is even truer in crypto than it is in traditional markets, actually, David. And so we hope you enjoyed this episode with Morgan Housel. He'll be right on. We're going to begin in a minute, but before we do, we want to thank the sponsors that made this possible, including the venue in which you could practice all of this timeless crypto wisdom. That's Kraken, which is our number one recommended exchange for 2023. If you don't have an account, what are you waiting for? Go create one. Kraken knows crypto. Kraken's been in the crypto game for over a decade and as one of the largest and most trusted exchanges in the industry, Kraken is on the journey with all of us to see what crypto can be. Human history is a story of progress. It's part of us, hardwired. We're designed to seek change everywhere, to improve, to strive. And if anything can be improved, why not finance? Crypto is a financial system designed with the modern world in mind, instant permissionless and 24 seven. It's not perfect and nothing ever will be perfect, but crypto is a world changing technology at a time when the world needs it the most. That's the Kraken mission, to accelerate the global adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion. Head on over to kraken .com slash bankless to see what crypto can be. Not investment advice, crypto trading involves risk of loss. Cryptocurrency services are provided to US and US territory customers by Payword Ventures EEC, PVI, doing business as Kraken. Metamask Portfolio is your one -stop shop to navigate the world of DeFi. And now bridging seamlessly across networks doesn't have to be so daunting anymore. With competitive rates and convenient routes, Metamask Portfolio's bridge feature lets you easily move your tokens from chain to chain using popular layer one and layer two networks. And all you have to do is select the network you want to bridge from and where you want your tokens to go. From there, Metamask vets and curates the different bridging platforms to find the most decentralized, accessible and reliable bridges for you. To tap into the hottest opportunities in crypto, you need to be able to plug into a variety of networks and nobody makes that easier than Metamask Portfolio. Instead of searching endlessly through the world of bridge options, click the bridge button on your Metamask extension or head over to metamask .io slash portfolio to get started. Arbitrum is accelerating the web three landscape with a suite of secure Ethereum scaling solutions. Hundreds of projects have already deployed on Arbitrum one with flourishing DeFi and NFT ecosystems. Arbitrum Nova is quickly becoming a web three gaming hub and social dapps like Reddit are also calling Arbitrum home. And now Arbitrum Orbit allows you to use Arbitrum's secure scaling technology to build your own layer three, giving you access to interoperable, customizable permissions with dedicated throughput. Whether you are a developer, enterprise or user, Arbitrum Orbit lets you take your project to new heights. All of these technologies leverage the security and decentralization of Ethereum and provide a builder experience that's intuitive, familiar and fully EVM compatible, faster transaction speeds and significantly lower gas fees. So visit arbitrum .io where you can join the community, dive into the developer docs, bridge your assets and start building your first app with Arbitrum. Experience web three development the way it was always meant to be secure, fast, cheap and friction free. Bagel station. Morgan Housel is a writer and investment partner at the collaborative fund. We had Morgan on a year ago to talk about the principles in his book called the psychology of money. I got it right behind me on the bookshelf. I don't know if you could see it guys. It's one of the best investing books that I've read in the last decade. And that episode is my recommendation for one of our top 10 must listen to episodes for crypto investors, particularly if you're starting on the bankless journey. But today, Morgan brought some new timeless advice for us because he's just published a new book. It's called the same as ever. And this is a guide to what never changes. It's a series of 23 punchy stories, timeless truths about people, societies and how to live. This, my friends, is important wisdom as we go into the crypto bull market. Morgan, welcome to Bankless. Welcome back, I should say. Yeah, Ryan, David, thanks for having me. Looking forward to it. I mean, let's start with the theme of this book. Why are you focusing on stuff that's the same? Isn't the same stuff boring? Like, why not new things? It is boring, which is why we don't pay attention to it. But that's always at our own detriment. So I've been a financial writer for going on 18 years now. And a big part of that journey and what I've written about was just how like frustrated, cynical, disgruntled I became at how bad the entire industry was at forecasting the next bear market, the next recession, like anything, no matter what it was. I mean, here's one little example of this that I was thinking about this morning. I remember I'm pretty sure it was in Fortune magazine. It was one of the big business magazines. They published an article in 1999 that was 10 stocks for the decade ahead. It was like 10 safe blue chip stocks that like you can count on for the decade ahead. And I swear it was Enron, AIG, Kodak. It was like go down the list of the companies that went out of business. This is one like everyone knows how bad the community is, not just the media community, but economists, financial advisors, analysts, portfolio managers, and predicting what's going to happen next. So there's two things you can do with that realization. You can become even more angry about it and just a fatalist and say, nobody knows anything. Don't even try. Or you can say, what does never change? We have no ability to predict what is going to change. That's probably too blanket of a statement, but it rounds to that for most people. But if you look across economic history, and not just economic history, but a lot of history, it's the same behaviors over and over and over again. It's like how we respond to greed and fear and risk and uncertainty that never changes. And if you read about financial crises from 100 years ago, 200 years ago, it's the same thing. It's the same thing over and over and over again. So then I was like, well, let's just focus on that. Let's just focus on what we know is never going to change. I have no idea when the next bear market is going to come, but I know exactly how people are going to respond to it and what they're going to think about it and how they're going to feel, because that's never changed. So that was kind of where it came into play for me, was just starting with a frustration and then saying, okay, well, what's the positive way out of that observation rather than just becoming more of a cynic? Morgan, if I can make a prediction about the content that we were about to discuss, there's that old quip of one fish swims past the other and says, how's the water? I think the fish replies, what's water? Implying that there are so many things that happen so frequently that we just can't identify it. I think the Bankless version of this was like our first few episodes was about identifying money because it's such an invisible force that we never really approach and attack head on, that when you do, your brain opens up and all of a sudden there's a world that's expanded to you. I feel like that's about what we're about to get with you in a variety of different lessons. There are so many fundamental about truths the way that the world works that we just are not awoke to because of how like default they are, how common denominator that are. That's my prediction about this. And here's what I love about this. I've been pretty open. I'm not a crypto investor. I'm not a crypto, you know, completely negative. It's all going to hell. It's all a joke. I'm not that person either. But here's why I think that doesn't matter in this. And this is the same for psychology and money. The overlap between the behaviors among a crypto investor versus an index fund investor versus a mutual like a municipal bond investor. There's a lot of overlap there. How people respond to greed, fear, risk, uncertainty, it's all the same. And so much of what I've loved about the kind of research that I get to do is I'm a financial writer, but actually don't read or research that much about finance. I love reading about all kinds of different history, all kinds of different fields and recognizing when those behaviors in medicine or military or like physics or take any field and seeing how they respond to these topics applies perfectly to investing. Morgan, so another thought I have, you were talking about your frustration. You decided to channel that frustration with all of the, you know, noise in the finance industry into a book, The Psychology of Money, and now kind of this book. I still predict that people like you, people like me, maybe people like David, people who are listening to this advice and this wisdom and actually applying it will still continue to be frustrated because I think we are still in the minority of people who are actually applying these lessons. So I'm zooming out. Crypto is probably about to enter a next bull market. And Morgan, I guarantee you, we are going to make many of the exact same mistakes we made in the previous bull market and we're going to do it over and over and looking at this and you're like, it's going to happen again, isn't it? We're going to do the exact same thing. Is there any hope in this book of breaking us out of that cycle or is the hope only at the individual level that an individual can kind of wake up and be like, Hey, I don't have to do this. I can see all the other dumb humans repeating the same mistakes, but I don't have to do it. Or is there hope that we could actually break this cycle as kind of a society, as an industry, as a, you know, a market? Look, I'm a very optimistic guy, but the answer is no, there's absolutely no hope whatsoever.
Evangelism on SermonAudio
A highlight from Gods Plan: Winning Souls for Christ
"["Pomp and Circumstance"] ["Pomp and Circumstance"] ["Pomp and Circumstance"] ["Pomp and Circumstance"] Good evening. Come in and find a seat and grab a blue hymn book. And we'll first of all turn to hymn 292, a song taken from Psalm 23 on the Lord's guidance in our lives, not only when we get saved, but all through life and into eternity. Hymn 292, surely goodness and mercy. Let's go ahead and stand together as we sing. We'll just wait till the last chorus to sing that final chorus. So it stands as one and two. We'll just sing the regular chorus and we'll sing that final chorus on the third stanza. ["Pomp and Circumstance"] ["Pomp and Circumstance"] ["Pomp and Circumstance"] ["Pomp and Circumstance"] ["Pomp and Circumstance"] Amen, that's a great song, isn't it? Very real to walking with the Lord. Glad to have all of you here tonight. Welcome those around you as instruments play in other stanzas. ["Pomp and Circumstance"] ["Pomp and Circumstance"] ["Pomp and Circumstance"] Go ahead and find your seat again. And remember, we'll sing after the regular chorus, that final chorus after that regular chorus. On the third stanza, when I'm gone. ["Pomp and Circumstance"] ["Pomp and Circumstance"] ["Pomp and Circumstance"] ["Pomp and Circumstance"] ["Pomp and Circumstance"] Amen, love to see these kids sing up here.
Bloomberg Radio New York - Recording Feed
Monitor Show 23:00 11-13-2023 23:00
"Interactive Brokers pays up to 4 .83 % on instantly available USD cash balances in your brokerage account. How much interest can your broker pay? Interactive Brokers' conservative and prudent risk management uniquely positions them to pay up to 4 .83 % on uninvested, instantly available USD cash balances in your brokerage account. The best informed investors choose Interactive Brokers. Rates subject to change. Visit ibkr .com slash interest rates to learn more.
Evangelism on SermonAudio
A highlight from Global Praise for a Glorious God
"Beautiful. Jesse, I was drumming right along with you. Thank you and thank you team. Thank you, Kate. It's good to sing. Sweetheart, we feel right at home here, don't we? Thanks for your pastoral prayer wherever you are. It's just heartwarming to be with another body. It's like there's a spiritual knitting together. If you're in Great Falls, you'll come and visit us but so glad for a church home here in a city that also means Christ, like those in Poland. Amen. Psalm 96, the 96 Psalm. I'm so thankful that Shane and Jesse have invited us over. The elders have invited us over to have gotten to know a few of you. Brooke, thanks for your musical gifts too, wherever you are. Just to shake a few of your hands, I was able to snag a membership directory that'll help many of me remember you by name and by face. Lord willing, if we get to come back and visit you again someday. I understand you've been regularly working through an exposition of the Gospel of John. It's wonderful and I would like to be here just to sit under Pastor Shane's preaching someday. But this morning we turn to another jewel in God's Word and God's Word's full of them, isn't it? Just a treasure trove of diamonds to divide and cut our soul and spirit joint and marrow, judge the thoughts and intentions of our heart. A date and author is not attached to Psalm 96, though it closely matches 1 Chronicles 16, 23 through 33. That was sung by the temple choirs as the ark was being brought by David back into Jerusalem and to Zion. Why have I chose Psalm 96? Why did we arrive at the 96 Psalm? I just got to tell you, there's a lot of personal reflection in this Psalm for me. I happened to be up on a mountain maybe a month and a half ago and finally got into service. I was, as I mentioned earlier, stewarding God's creation by a hunting. And I got a text from our senior pastor saying, hey, I'm pulled up sick. Can you preach for me on Sunday? And I knew I wasn't gonna be back until Saturday night. I did have my Bible. I did have my computer up at the cabin, though I was way off the grid, just where I wanted to be for a couple days. And I thought, when am I going to preach on Sunday? I didn't have to think for long. Psalm 96 had been welling up in my heart for not weeks or days, or even months, but I think for a year I've been thinking on this Psalm and I hope you can see why in a little bit. Our families work to memorize this Psalm. It has been synonymous with our thinking about Poland. I'm not going to include much about Poland in my exposition of Psalm 96, but I think you'll understand why this Psalm means so much to our family in this season. Follow along as I read from the 96th Psalm. Oh, sing to the Lord a new song. Sing to the Lord all the earth. Sing to the Lord, bless his name. Tell of his salvation from day to day. Declare his glory among the nations, his marvelous works amongst all the peoples. For great is the Lord and greatly to be praised. He is to be feared among all gods. For the gods of the people are worthless idols, but Yahweh made the heavens. Splendor and majesty are before him. Strength and beauty are in his sanctuary. Ascribe to the Lord, O families of the people, ascribe to the Lord glory and strength. Ascribe to the Lord the glory due his name. Bring an offering and come into his courts. Worship Yahweh in the splendor of holiness. Tremble before him all the earth.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: Featured Story | A CBDC Alternative to SWIFT?
"This episode of Markets Daily is sponsored by CME Group and PayPal. Hello, this is Markets Daily from Coindesk. I'm Noelle Acheson here with your featured story. On today's show, we take a departure from our usual markets focus to look at the evolution of central bank digital currencies and how one particular project could impact global Today's trade. featured story is by me. Its title is a CBDC alternative to Swift. Here we go. There are more ongoing cross -border CBDC trials with cute names than one can possibly keep track of, such as Cedar, Icebreaker, Jasper, Mariana, and many more. But one stands out. The Enbridge project. Why? For the following reasons. One, it involves 23 central banks, including the BIS, which is the official organization for central banks. Two, it is designed to bypass the US global financial system. And three, it is almost ready to go live. Assuming it meets its target schedule, Enbridge is set to become the first functioning blockchain -based payment platform involving official entities. Its nucleus is in Asia, but organizations from all continents are also involved. And while it is unlikely to knock the dollar off its global reserve currency perch, it could end up impacting international flows, trade agreements, and the power of sanctions. Let's dive into the where, why, and what of Enbridge. Wholesale CBDCs, which involve the exchange of value between banks rather than between people, have often been touted as a potential solution to the frictions of cross -border trade. These include transaction costs, currency liquidity, opacity, and documentation. The problem is the frictions are often due to differences between systems, both financial and commercial. Changing these systems, many of which are deeply embedded in the country's economic governance, is going to be difficult, to say the least, especially since there is as yet no agreement on how they should change. Even if governments are convinced that a wholesale CBDC is in their best interests, any application would require profound modifications to accounting and documentation processes. As yet, there are no unified regulatory frameworks. What's to guarantee that a CBDC from one jurisdiction will be treated as good money by another? How can the CBDC of one country spread through the financial system of a trading partner? If it can't, how would swaps work? Beyond bank processes, which laws need updating? And obviously, all trading partners agreeing on one common token is probably out of reach, given the potential impact on local currencies.
Markets Daily Crypto Roundup
A highlight from Featured Story | A CBDC Alternative to SWIFT?
"This episode of Markets Daily is sponsored by CME Group and PayPal. Hello, this is Markets Daily from Coindesk. I'm Noelle Acheson here with your featured story. On today's show, we take a departure from our usual markets focus to look at the evolution of central bank digital currencies and how one particular project could impact global Today's trade. featured story is by me. Its title is a CBDC alternative to Swift. Here we go. There are more ongoing cross -border CBDC trials with cute names than one can possibly keep track of, such as Cedar, Icebreaker, Jasper, Mariana, and many more. But one stands out. The Enbridge project. Why? For the following reasons. One, it involves 23 central banks, including the BIS, which is the official organization for central banks. Two, it is designed to bypass the US global financial system. And three, it is almost ready to go live. Assuming it meets its target schedule, Enbridge is set to become the first functioning blockchain -based payment platform involving official entities. Its nucleus is in Asia, but organizations from all continents are also involved. And while it is unlikely to knock the dollar off its global reserve currency perch, it could end up impacting international flows, trade agreements, and the power of sanctions. Let's dive into the where, why, and what of Enbridge. Wholesale CBDCs, which involve the exchange of value between banks rather than between people, have often been touted as a potential solution to the frictions of cross -border trade. These include transaction costs, currency liquidity, opacity, and documentation. The problem is the frictions are often due to differences between systems, both financial and commercial. Changing these systems, many of which are deeply embedded in the country's economic governance, is going to be difficult, to say the least, especially since there is as yet no agreement on how they should change. Even if governments are convinced that a wholesale CBDC is in their best interests, any application would require profound modifications to accounting and documentation processes. As yet, there are no unified regulatory frameworks. What's to guarantee that a CBDC from one jurisdiction will be treated as good money by another? How can the CBDC of one country spread through the financial system of a trading partner? If it can't, how would swaps work? Beyond bank processes, which laws need updating? And obviously, all trading partners agreeing on one common token is probably out of reach, given the potential impact on local currencies.
Bloomberg Radio New York - Recording Feed
Monitor Show 23:00 11-12-2023 23:00
"Interactive Brokers charges USD margin loan rates from 5 .83 % to 6 .83 % rated the lowest margin fees by stockbrokers .com. Their clients can also earn extra income by lending their fully paid shares of stock. Join Interactive Brokers clients from 200 plus countries and territories to invest in stocks, options, futures, funds, and bonds on 150 global markets. Rate subject to change. Learn more at ibkr .com slash compare.
CoinDesk Podcast Network
A highlight from MARKETS DAILY: CoinDesk Market Index Week in Review
"This episode of Markets Daily is sponsored by CME Group and PayPal. Wondercraft AI Voice here to give you three crypto markets takeaways from last week. And stick around, at the end we'll have additional analysis from Connor Farley, CEO of Truvius. First, Tracy Stevens of Coindesk Indices provides week -to -date numbers over the Friday -to -Friday time period. The crypto asset class continued its upward trend with the Coindesk Market Index, registering a 7 .4 % increase so far this week. This surge brings the 185 -asset Broad Market Index's year -to -date gain to 98%. Ethereum also surpassed the $2 ,000 mark yesterday while Bitcoin is now hovering around $37 ,000. Shared Storage Protocol Storj, up 74 % week -to -date, stands out as the top -performing asset in the Coindesk Market Index this week and is up more than two times this year. Among the large -cap digital assets in Coindesk Market Select Index, LINK and MATIC, both up 23 % week -to -date lead. Meanwhile, APE, down 5 .4 % week -to -date, and XLM, down 1 .9 % week -to -date, have failed to participate in the continuation of the Broad Market Rally. Stay tuned. After the break, we'll bring you expert analysis on this week's takeaways, provided by Connor Farley, CEO of Truvius. CME Group cryptocurrency futures and options provide market -leading liquidity for Bitcoin and Ether trading. Participate in the Crypto Classic Trading Challenge from December 10th through December 15th for the chance to win cash prizes. Compete against your peers while test -driving your crypto strategies in a risk -free simulated environment. Visit cmegroup .com slash crypto classic to find out more. This communication is not directed to investors of any specific jurisdiction or to recipients based in jurisdictions in which distribution is not permitted. It cannot be considered investment advice or results of market experience. Past results are not indicative of future performance. Trading derivatives products involves the risk of loss. Please consider it carefully. Full disclaimer included in show notes. Introducing PayUSD, PayPal's stablecoin. Designed for digital payments and Web3 transactions, PayUSD is the only stablecoin supported by PayPal. Built on Ethereum, it's compatible with widely used wallets, exchanges, and dapps, and fully backed by US dollar deposits and cash equivalents. Eligible US PayPal customers who purchase PayPal USD are able to transfer PayPal USD between PayPal and external wallets, send PayPal USD to friends in the US on PayPal or Venmo without fees, shop with PayPal USD on millions of sites, convert any of PayPal's supported cryptocurrencies to and from PayPal USD. Whether you are a crypto expert or a newcomer, PayPal provides a secure and convenient platform for your crypto transactions. Start exploring at paypal .com slash pyusd. Connor Farley of Truvius writes, Fundamentals -driven valuation frameworks for crypto assets are emerging both within and across different sectors of the crypto market. The pending regulatory approval and institutional offering of vehicles for exposure to mega -cap assets like Bitcoin and Ethereum is an important first step toward broad -based investor adoption. But the next step involves unlocking broad, diversified exposure to all sectors within the crypto economy. It is critical not to overlook the fundamental value of blockchain -powered technologies that are driving new business sectors like decentralized financial services and smart contract platforms. Cutting -edge investors should develop investment strategies for these sectors. Market commentators often generalize non -mega -cap crypto assets as altcoins, primarily owing to the nascency of the asset class and the learning curve associated with its mosaic of use -cases. However, this generalization overshadows the significant opportunities for data -driven relative value comparisons both within and across various sectors and assets other than Bitcoin and Ethereum. For example, while news coverage converged on Bitcoin and Ethereum ETF speculation this week, crypto assets within the CoinDesk computing and smart contract sectors including Chainlink, Cosmos, Polygon, and Solana, which all have circulating market capitalizations in the billions of dollars, meaningfully outperformed the two heavy mega -caps. From a fundamentals perspective, over the last week, Polygon saw healthy network usage and stronger centralized exchange flows activity relative to peers. Solana and LINK exhibited strong price momentum and were also aided by relatively stronger activity from software developers contributing to these projects over the quarter. Like what you're hearing? Head on over to coindeskmarkets .com for more. We'll see you tomorrow. For more crypto podcasts, check out the CoinDesk Podcast Network. You can reach us at podcasts at coindesk .com, follow us, and if you like the show, please leave us a 5 -star rating on whatever platform you're listening to us on. Markets Daily is produced and edited by Eleanor Paul, with executive production by Jared Schwartz. I'm Noelle Atchison for CoinDesk. We're back tomorrow with more market news and insights.
Markets Daily Crypto Roundup
A highlight from CoinDesk Market Index Week in Review
"This episode of Markets Daily is sponsored by CME Group and PayPal. Wondercraft AI Voice here to give you three crypto markets takeaways from last week. And stick around, at the end we'll have additional analysis from Connor Farley, CEO of Truvius. First, Tracy Stevens of Coindesk Indices provides week -to -date numbers over the Friday -to -Friday time period. The crypto asset class continued its upward trend with the Coindesk Market Index, registering a 7 .4 % increase so far this week. This surge brings the 185 -asset Broad Market Index's year -to -date gain to 98%. Ethereum also surpassed the $2 ,000 mark yesterday while Bitcoin is now hovering around $37 ,000. Shared Storage Protocol Storj, up 74 % week -to -date, stands out as the top -performing asset in the Coindesk Market Index this week and is up more than two times this year. Among the large -cap digital assets in Coindesk Market Select Index, LINK and MATIC, both up 23 % week -to -date lead. Meanwhile, APE, down 5 .4 % week -to -date, and XLM, down 1 .9 % week -to -date, have failed to participate in the continuation of the Broad Market Rally. Stay tuned. After the break, we'll bring you expert analysis on this week's takeaways, provided by Connor Farley, CEO of Truvius. CME Group cryptocurrency futures and options provide market -leading liquidity for Bitcoin and Ether trading. Participate in the Crypto Classic Trading Challenge from December 10th through December 15th for the chance to win cash prizes. Compete against your peers while test -driving your crypto strategies in a risk -free simulated environment. Visit cmegroup .com slash crypto classic to find out more. This communication is not directed to investors of any specific jurisdiction or to recipients based in jurisdictions in which distribution is not permitted. It cannot be considered investment advice or results of market experience. Past results are not indicative of future performance. Trading derivatives products involves the risk of loss. Please consider it carefully. Full disclaimer included in show notes.
Bloomberg Radio New York - Recording Feed
Monitor Show 23:00 11-11-2023 23:00
"Financial advisors, are you looking to add or switch custodians? Are you going independent? Interactive Brokers provides lowest cost trading and turnkey custody solutions for all size firms. Trade globally from a single integrated master account with no ticket charges, no custody fees, no minimums, and no tech platform or reporting fees. Plus, IBKR has no advisory team or prop trading group to compete with you for your clients. Switch to the custody solutions that work for you at IBKR .com slash RIA. Broadcasting 24 hours a day at Bloomberg .com and the Bloomberg Business Act. This is Bloomberg Radio. The Israel -Hamas War continues to rage on with Israeli troops pushing deeper into Gaza. Local health officials in Gaza said there's been intense bombing and presence of military vehicles near hospitals. Former President George W. Bush said while images of the fighting are bad, he believes goodness will prevail. Yeah, the images are grim. And yes, there's violence. But ultimately, love overcomes hate. Bush gave those comments while hosting his annual bike ride today to benefit injured veterans in Texas. Meantime, New York's Grand Central Terminal is closed at this hour, shut down by protests. The MTA confirmed the closure. WABC -TV reports they're pro -Palestinian protesters and that arrests may be coming. The Department of Education is preparing to send out secret shoppers to student loan providers. On Friday, the department announced a new accountability plan to hold loan servicers accountable. The plan uses a combination of data gathering, borrower complaints, and first -hand monitoring to ensure people are treated fairly by student loan companies. Most Americans now think the U .S. is losing the long -running war on drugs. Rory O 'Neill has the details.
Mike Gallagher Podcast
A highlight from The Mike and Mark Davis Daily Chat - 11/10/23
"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. Camelot, Camelot, I know it sounds a bit bizarre. Sounds a bit bizarre. Let's guess the birthday, Mr. Mike. Bizarre. Bizarre is the word of the year. Richard Burton, born this date 1925. You know how old he was when he died? He was a young guy, right? 58. Now proving that alcohol is not a preservative. Actually, that wasn't really what got him. He had a lot of health things. I'm not sure the alcohol helped. No, it probably did not. And you know what I watched the other day? You ever do cable laps, dish laps, and you just land on something and you go, oh, this will be worth five minutes, and an hour and a half later, you're still there? The that spectacle was Cleopatra. I mean, the very beginning sort of of their relationship, Richard Burton and Elizabeth Taylor. I don't know if the movie is that good in terms of, it looks kind of primitive in the early 60s special effects, but it was amazing for its day. And it was just incredible to watch their interplay. And so happy birthday there for Richard Burton, born this date 25. Keeping it in the show business realm and musicals, I saw last night online, a group of Broadway performers got together in tribute to the children who've been kidnapped and are held hostage in Gaza. And they performed Bring Him Home from the musical Les Miserables. And it's a beautiful ballad. And they changed the lyric to bring them home. Oh my gosh, Mike. And Mark, it's beautiful. I mean, it is absolutely magnificent. And you know, and it's, I brought a tear to my eye. I'm going to play it on the show today. I hope everybody will look it up because it's really a good moment. And here's the moment that I love. And now you're going to get, you're going to lose your mind because one of the most toxic, vicious, lefty entertainers on the planet is one of the performers. That would be Debra Messing from Will and Grace. Oh sure, the red haired lady. Yep. And boy, she just despises Trump and conservatives and everything else. This is a time of strange bedfellows and odd allegiances where a lot of hard, hard lefties realized that the antisemitism of note today is on their side. Let me let you finish though. But it's one of those triangulation moments. No, but that's my point. You made my point for me beautifully, better than I ever could. That's what I like about moments of unity, even in a time of darkness. And I mean, boy, we are in such a dark time right now. And what's so difficult is how people are delusional and not being able to see good versus evil and right versus wrong. And so you're right when there's a moment like this where people can get, and the person who retweeted the musical tribute that I saw an ex last night was Patricia Heaton from Everybody Loves Raymond. She's a conservative, she's not a lefty. And so, and she did a big shout out to these Broadway performers for this beautiful moment. Listen, it was put together by Seth Rudetsky. He's like a sassy Broadway guy who I've listened to for years on satellite radio. And believe me, he's no conservative. They hate Republicans, but you're so right. This isn't about that. And I'm just praying for some clarity, for some wisdom. I saw Hillary Clinton yesterday on The View.
Evangelism on SermonAudio
A highlight from The Preeminence of Christ in Evangelism
"Corinthians chapter 1 and verse 17. Well, this verse, verse 17, is a Campbellite killer. But I'm not going to preach on that tonight, even though the part of me really wants to. Paul said, For Christ sent me not to baptize, but to preach the gospel, not with wisdom of words, lest the cross of Christ should be made of none effect. For the preaching of the cross is to them that perish foolishness. But unto us which are saved it is the power of God. Verse 21, For after that in the wisdom of God the world by wisdom knew not God, it pleased God by the foolishness of preaching to save them that believe. For the Jews require a sign, and the Greeks seek after wisdom, but we preach Christ crucified, unto the Jews a stumbling block, and unto the Greeks foolishness, but unto them which are called both Jews and Greeks, Christ the power of God and the wisdom of God. I want to preach tonight a message titled, The Preeminence of Christ in Evangelism. Paul the Apostle boldly proclaims that the primary function of his life and ministry was to preach the plain gospel of the Lord Jesus Christ. The personal work of the Lord Jesus Christ, especially as revealed in his perfect life, his sacrificial death, his burial and his glorious resurrection, would be the consistent theme of his preaching and his ministry. He said as much, Christ and Him crucified was the preeminent message in all of Paul's evangelistic endeavors. Look at chapter 2 and verse 1. And I, brethren, when I came to you, came not with excellency of speech or of wisdom, declaring unto you the testimony of God. For I determined not to know anything among you, save Jesus Christ and Him crucified. And I was with you in weakness and in fear and in much trembling, and my speech and my preaching was not with enticing words of man's wisdom, but in demonstration of the Spirit and of power, that your faith should not stand in the wisdom of men, but in the power of God. Now what does it mean when we assign preeminence to something? When I say the preeminence of Christ in our message, in our evangelism, what do I mean by that? Well, when we assign preeminence to something, we are saying that it is to be first in importance, rank and influence. It is to be above everything else, superior, peerless, supreme, the greatest and most noble of all missionaries in the Bible, consistently appointed men, women, boys and girls of every race, creed, and social position to the saving gospel of the Lord Jesus Christ, and we should be committed to doing the same. I fear that much of modern day preaching that passes for evangelism does not assign preeminence to Christ and His finished work. Instead the focus has become so man -centered, it has devolved into a mere exercise of persuading someone to make a profession of faith. The focus is on getting a decision from that person, and as a result, religious assemblies all across the world, not just in America, but all across the world are filled with professors who responded to some psychological techniques and a promise of heaven. You don't want to go to hell, do you? No. You want to go to heaven, don't you? Yes. Well, just follow this simple formula. Follow these simple steps. Repeat after me. Embrace the formula of easy believism and voila! They are hastily assured of their eternal security. Do you really believe that exists? I've knocked on so many doors. I've visited house to house, found people who will tell me right to my face that they're saved. I said, well, tell me about it. Well, I went forward. When they had the invitation, I went forward. I shook the preacher's hand. He told me what to say and I said it. And I said, so are you faithfully serving the Lord? Are you attending church? Do you love the Lord? Well, I don't ever go to church. That's a huge problem. If any man be in Christ, he is a new creature. Old things are passed away. Behold, all things are become new. When somebody is saved, their life changes forever. And that won't happen by merely repeating a formula. There has to be an inward work of grace in the heart. You're not saved by... You don't get people to be saved by psychological techniques. They're saved because God uses the gospel and the power of the Holy Spirit to bring men to an end of themselves and draw them invincibly where they desire to know Christ and the free pardon of sin. May God help us to see that we cannot, we must not trifle with or change the message or the methods that are prescribed in the Holy Book, in the Word of God, regarding evangelism. We are not to water down the claims of Christ and the gospel. We must proclaim it boldly, accurately, plainly. And praying that God would open hearts to receive the truth as it is in Jesus. The preeminence of Christ in our evangelism must be revealed, first of all, in the message that we preach. I'm going to tell you something. If you're wrong about the message, if you don't know and obey the gospel, if you don't understand, this is something you can't be wrong about and go to heaven. It's an impossibility. There are certain doctrines that you may not fully understand, but this is something you cannot be mistaken about because there's only one message of salvation. Paul emphatically states that the message of the gospel is centered around the cross. He's not talking about a piece of jewelry. It was an instrument of execution. It signified a horrific death. And the cross represents the death of Jesus Christ, His redemptive work for sinners, His suffering, His bearing our sins in His own body on the tree, His offering of His body and soul in order for us to be saved. The cross is a message of Christ's sacrifice that He offered Himself literally in the stead of His people. He, instead of me receiving all of the wrath of God, it fell upon His worthy head and body and soul. I'm the one that should have spent an eternity in the lake of fire, tormented day and night forever and ever. But while Jesus Christ was on the cross, He suffered the equivalent of what I would deserve in the lake of fire and not just for my sins, but for all that the Father gave Him, for all the way from Adam until the very last person is saved. Can you imagine the weight and the magnitude of that debt that He paid? But He did it with His life and His blood. His merits were offered. He died in the stead of His people acting as their surety, their substitute. You understand what a substitute is. It's someone who takes the place of another and assumes all of their obligations, all of their responsibilities. And that's what He did for me with regards to the law and the condemnation of God. He was my propitiation. He appeased the wrath of God on my behalf, and if you're saved, He did the same for you. You see, this message was considered by the world and by the elites and by the educated to be foolishness. To the Jews it was a stumbling block, and also to the unbelieving Jews and Gentiles. I'm going to tell you something. If lost people understand the gospel, then you're probably not preaching it right. Now, what I'm saying is this. Lost people, they want you to tell them, give me a little step -by -step formula, how to join the church, how to be a better person. We're telling them, here's the real issue here. You're wicked. You're broken. You're polluted with sin. Your only hope is to trust. You have no ability in and of yourself to save yourself. You're wretched. That's just not a popular message. But it's one that has to be preached. And then we tell men, women, boys and girls, don't look to yourself. Look outside of yourself. What did John the Baptist preach when he saw Jesus the first time? Behold the Lamb of God that taketh away the sin of the world. The message was look to Him, trust Him, believe on Him. Not on yourself, not on your religion, not on your works. The message is all about Christ. He's the only Savior of sinners. And this message must be accurate. It must be biblically authentic and authoritative. It must be pure without the admixture of man's wisdom or supposed innovation. And he states it so clearly. You're not saved any other way than by faith in the death, the burial, and the resurrection of Jesus Christ. Nothing else qualifies. Here's what he said. I mean, I don't know how anybody can read 1 Corinthians 15 and not see what the truth is about this. Moreover, brethren, I declare unto you the gospel. By the way, there's not many gospels. There's not a gospel for different disciplines. There is one gospel. Which I preached unto you, which also ye have received, and wherein ye stand, by which also ye are saved. Delivered from the penalty, the power, and ultimately the presence of sin. That's the magnitude of this work that Christ did. You're saved. If you keep in memory what I preached unto you, unless ye have believed in vain, for I delivered unto you first of all, that which I also received, how that Christ died for our sins, according to the Scriptures, and that He was buried, and that He rose again the third day, according to the Scriptures. It's according to the Word of God. This is our authority. this Look, was the message consistently preached by the early churches in the book of Acts. Think about the message of the book of Acts. You don't ever hear a preacher get up and say, God's done all He could do. I've done all I can do. Now it's all up to you to bow your head. They didn't even say, I've often thought about Noah, and he preached righteousness. And, you know, he was mocked, he was derided. But I don't think he ever put any bumper stickers on the ark that said, Smile, God loves you. I mean, he is warning people of the judgment to come. The wrath of God's about to be poured out. You need to get in the ark. There's only one door. Only one way. It's a serious matter. But let's look at just a couple of verses. Well, maybe more than a couple. But Acts 2, 23 and 24, it says, Him being delivered by the determinant counsel and foreknowledge of God ye have taken and by wicked hands have crucified and slain. Now didn't that sound just like something I was saying? You're wicked, you're guilty of the death of Christ, but he was crucified, he was slain, whom God hath raised up, having loosed the pains of death, because it was not possible that he should be holding of it. And then the same chapter, Acts chapter 2 and verse 36, he says this, Therefore let all the house of Israel know assuredly that God hath made that same Jesus whom you have crucified, both Lord and Christ. The message is all centered on the person and the work of the Lord Jesus Christ. Look at chapter 3 and verse 13. The God of Abraham and of Isaac and of Jacob, the God of our fathers, hath glorified his son Jesus, whom ye delivered up and denied him in the presence of Pilate when he was determined to let him go. But ye denied the Holy One in just and desired a murderer to be granted unto you and killed the Prince of Life whom God hath raised from the dead, whereof we are all witnesses, and his name through faith in his name hath made this man strong, whom ye see and know, yea, the faith which is by him hath given him this perfect soundness in the presence of you all. You see, Peter and John gave no credit to themselves. They were just pointing to the work of Christ. That was their mission. That was their message. It's all about Jesus Christ. Verse 19, repent ye therefore and be converted that your sins may be blotted out when the times of refreshing shall come from the presence of the Lord.
WTOP
"2.3" Discussed on WTOP
"Life sized Transformers. Now, in old Georgetown, the board there says they're recommending that they be removed from the front of a home in historic Georgetown. However, the owner of the sculpture is saying, not so fast. That's their opinion. They're entitled to their opinion. I differ in a view and I think I have a different opinion on that as well. Neuroscientist doctor Newton Howard says he plans to fight to keep his robotic sculptures outside the front door of his Georgetown home. I received an enormous support since yesterday from different people, random sending me notes and some left flowers and whatnot. It was quite touching actually. In a statement the commission of fine arts says the sculptures don't fit with the neighborhood and are standing on public property. Matt koufax WTO news. The final decision on keeping the robots will be left to D dot and district government and Howard says he is hired a lawyer. Despite a major jump in cost, Virginia still planning to build a new bridge for trains over the Potomac. The state says in just a year, the price has roughly risen by $240 million. That means the new price tag stands at 2.3 billion. The new long bridge will be built next to the current one which connects Pentagon city to D.C.. Right now, the 117 year old bridge runs at 98% capacity during peak travel. The Virginia passenger rail authority says there is already A380 nine million dollar budget shortfall, but it believes the project will still be finished in 2030. A crash in San Francisco last month has led General Motors to recall 300 robotaxis, the carmaker says the self-driving cars need a software update. The vehicle part of a GM self-driving fleet ran into the back of a San Francisco bus. It's hard to miss a bus. It's a fairly large object. No, injuries, but guidehouse insights analysts and bull salmon says the vehicle didn't understand that an articulated bus moves differently. He says this shows how hard it is to anticipate everything that can happen in traffic. They're committed to safety and to constant improvement. Jeff Gilbert CBS News, Detroit. Sports a 25 and 55 powered by Red River, technology decisions aren't black and white. Think red. So George, a little bit of damage at the course. Yeah, multiple trees have fallen at Augusta national golf club today after the weather that is moving through their play has been suspended for about an hour now, second weather delay of the afternoon. I don't know if they're gonna get golf back the rest of today or not. We'll have to wait and see. But Brooks Koepka does lead at 12 under par, he leads by three over John rom, kept with a 567. He finished his round early today, rom still on the course through 9. Sam Bennett, one of the big stories of the day, the 23 year old amateur back to back 68. He is looking to become the youngest right now he's won back, but if John rom does fall back to be in second place through 36 holes since 1958, we'll have to wait and see how the rest of this round plays out or if they do finish it today if not today then tomorrow. Colin Morikawa, Victor hovland, both at -6 Jordan Spieth at -5 film Mickelson is four under par after his round today shadow 369 Tiger Woods right on the cut line right now at plus two Orioles and Yankees and a good one it can than yards a 5 5 ball game in the bottom of the 6th inning, the nationals will look for win number two on the year. They are in Colorado tonight, one in 6 to start the season wizards just playing out the string hosting Miami tonight at 7. One more game after tonight capitals home tomorrow doing the same exact thing. No postseason at Capital One arena this year. George Wallace to be TLP sports. George Baltimore in the place to be. We've got the ghost game going on on Springsteen tonight. Yeah, perfect, yeah. Exactly. All right, 5 26. Give your small business one tech solution that checks all the boxes. It's all here with the Comcast business complete connectivity solution.
Bloomberg Radio New York
"2.3" Discussed on Bloomberg Radio New York
"Are progressing about 3.3% and of this year. Economic growth, as I said. And we are currently at 5.25%. And of course, the global economic slowing down to 2.3%. Based on those assumptions, then we say 225 basis points is sufficient. Meaning there is no unforeseen condition that effort being. Beyond our assumption, then I think this sufficient across every man will need to see what the new information. But we are seeing most of the information already in elbow. So if nothing changes, this is the peak for Indonesia. You can see in the hour sufficient. Let's talk about inflation. Headline inflation expected to be at three and a half percent core inflation 3.3%. What are the risks to that projection? I mean, there are some people calling for oil to be at a hundred and a 110 this year. Yeah. Well, this is one of the biggest reasons that we are seeing globally. Where will it be the oil price? Under our budget, assumption or the price 89. This is 89 or the price being used
Bloomberg Radio New York
"2.3" Discussed on Bloomberg Radio New York
"Increases. Uber shares today down 1% rival lift down by 2.3%. I'm Charlie palette that is a Bloomberg business flash. Thank you, Charlie. Well, as we wrap up this year, we've got a lot to look forward to, of course, but we've also got a lot of worries from 2022 to carry over. Of course, we're always worried about climate change. We're worried about a potential recession, nuclear warfare. Among this list of concerns, our next guest says that we need to keep our eyes on the upcoming fight for microchips as another thing to worry about in his new book titled chip war, Chris Miller argues that microchips are the new oil. And he joins us now to discuss Chris, thanks for being here and congrats on the book name the FT's business book of the year. Talk to me about how the chip war has gotten to this boiling point. How did microchips become the new oil, as you say? Well, for a long time, most people took chips for granted. We rely on them and all of the devices we use from smartphones to dishwashers, but because most people never see a chip over the course of their daily lives, we don't really think that much about them. But today, both the U.S. and China are engaged in an escalating chip war for control of the future of computing technology. And the U.S. is trying to use the position to cut off China's actor the most advanced ships and the most advanced tools used to make shifts. And right now, China is still quite far behind. So it's very dependent on accessing U.S. technology. And if it can't get it, then China can't produce the most advanced icon conductor. Is there Chris just like one instance you can point to in the history of how this has evolved, how this has developed, that said, okay, that is where the U.S. and that is where Europe mistook misstepped, rather. That is where we got it wrong. That is the moment we lost this. One of the biggest shifts over the past decade has been the growing importance of the Taiwan Semiconductor manufacturing company, which is the world's biggest chip maker and today produces 90% of the world's most advanced processor chips. TSMC Taiwan. Yeah. That's right. And for a long time, other countries were very happy to buy TSMC's product produced in Taiwan because they're extraordinarily advanced and cost efficient but we've gotten to a point where today the world is fundamentally dependent on chips made on one very small island, which also happens to be the world's most dangerous geopolitical hotspot. To what extent has TSMC's location in dominance in this helped Taiwan as a region avoid danger. Well, I'm not sure that it has. You can certainly find Taiwanese leaders like president spying when just that Taiwan criticality and the chip industry provides what she calls the silicon shield that guarantees against the Chinese attack, but the reality is that China's government has wanted to control Taiwan since before the first semiconductors were invented and many scenarios, I think, what you'd find is if China were to escalate militarily, the U.S. might even be deterred from coming to Taiwan's aid because it was afraid of disrupting chip supply chain. So I think that a lot of reason to be skepticism that this silicon shield thesis actually works out. I've spoken to some folks who work in the industry and they say that even if we are able to figure out a way to build chips in locations other than China, that it doesn't really matter because the components that go into so many of these products end up going through China or being from China. Essentially we're inextricably bound from a supply chain perspective. Is that the case? It depends on what type of goods you're looking at. But if you take a smartphone, for example, Apple procures all of its key chips from TSMC in Taiwan. And it's true that most of apple's iPhones are assembled in China, but the assembly part is the lowest value add part. It's the easiest part to move. And in fact, apple is already committed to moving a substantial share of its iPhone assembly outside of China over the next couple of years, where right now there's absolutely no pathway for apple or any of the world's other key electronics company to find other suppliers the most advanced ships. So the reality is that China does things in the electronics space that are movable and apple's doing it right now. The SMC to think that no one else can replicate. Is the assembly easy, easy to kind of move, though, I wonder how true that is in practice given the labor practices that go on in China that we just could never replicate here in the states. Well, I think it would be hard to move to the United States, but that's not where it's going to move to it. Moving to Vietnam, where Samsung already has really substantial assembly facilities and moving to India where apple is already assembling some of its devices and in places like Vietnam and India, labor costs are actually lower than in many parts of China. And so I think these are countries where it is actually quite competitive to assemble electronics. Well, I want to ask you about a move from the Biden administration this week blacklisting dozens of Chinese tech firms with signs emerging that Japan and the Netherlands. They're going to align with U.S. restrictions on selling crucial chip making equipment to China. That's a big blow to Beijing. I imagine, how do you rate that move from the Biden administration? Well, I think the Biden administration realizes correctly that the future of military power will be defined by access to the most advanced chips. And if you think of what it takes to train into a drone to fly to my autonomously through contested battle today, for example
Bloomberg Radio New York
"2.3" Discussed on Bloomberg Radio New York
"Brian? Up a half a percent for the ASX 200 slow start there, so we see how that develops. It looks like it's going to be a monster day in Asia. After a very strong rally on Wall Street, where the S&P 500 finished up 2.6% 92 points, 36 78 and just interestingly back up above the June lows of 36 66. The Dow up 2.7%, the NASDAQ up 2.3%. But the first 9 months were pretty rough on Wall Street. It was the worst performance during those first three quarters in a year since 1931. So you had people back in buying. A lot of that was due to oversold conditions. We had 97% of shares in the S&P 500 in the green today. The factors at play, those oversold conditions, along with extreme pessimism and low fund positioning, a very aggressive Federal Reserve. But today we had some bad news in economic data. So on that kind of thinking, bad news is good news. The ISM's factory gauge suggested the economy could be faltering, and that with falling inflation inputs, everything from shipping costs lower rents down and even selling prices of homes moving down month on month. It sort of puts the fed maybe into a possibly less aggressive position. So people went in and bought stocks. But that said, the fed bank of New York president John Williams came out with some tough comments and we'll get you those in just a moment. Matt maley represented the views of many at mail Miller tayback saying that they still see lower lows before the ultimate bottom is reached in this bear market. Let's take a look at some of the numbers for Asia. We see Hangzhou index futures up one and a half percent, even though we won't trade today. It's one of the two tomb sweeping holidays today. And no trading in China, it's the whole week off for the golden week holiday. And looking at S&P E minis moving up now about a tenth of a percent. The dollar was down, yields were down, yield on the ten year, 3.63%. Paul. Well, the fed should consider stopping its tightening campaign in November. This is the view from market veteran who coined terms like fed model and Bond vigilante. Spoke earlier with Bloomberg. I'm totally stumped mystified surprise that fed officials don't seem to acknowledge that just focusing on the fed funds rate as part of the monetary tightening cycle is a mistake when you also have QT two and you have a soaring dollar. These are very restrictive monetary developments. I think they got one more rate high coming in November and that'll be it because the financial stability issue will pop up as primary concern. Recent market turmoil reflected concerns that an aggressive fed would thrust the economy into a serious recession. He added that a hard landing isn't currently in his economic forecast and sees a growth recession continuing through year end. Brian. There will be those in jardin's audience that would not be receptive to those comments. New York fed president John Williams said the fed has yet to hike rates to levels that are restricting economic growth and that tightening still has a significant ways to go. Atlanta fed chief Raphael bostic added that a fundamental shift in global sourcing strategies creates more pressure. Elevated inflation today is the most pressing issue facing monetary policy makers. And by creating long-term upward price pressure then, secular shifts in supply chain management could present additional challenges for monetary policy makers during a period of already elevated inflation. In the meantime, Richmond fed president Thomas barkin said that a post pandemic economy could potentially lead to more inflationary headwinds. Edwin's that would require tighter monetary policy. He noted that geopolitical risk has changed energy availability and demographic trends are less favorable now. Barkan said that firms may prioritize resilience over efficiency going forward. 5 minutes past the honor now time for a check of global
Bloomberg Radio New York
"2.3" Discussed on Bloomberg Radio New York
"Out the feeling it always been to KD was the one who wanted the next to hire him. Jon stashower, Bloomberg sports done. All right, John, thanks very much. It is now 6 37 on Wall Street. That means it's time to take a look at some of the stocks, some of the names that are moving in the pre market and for that we're joined by Bloomberg radio and TV markets correspondent Laura Wright. Good Rx of Santa Monica council for the digital healthcare platform. And it is moving at the pre market this morning, Laura. It is on a chat up 38%. So basically, there was a dispute between the company that manages discounts, good Rx customers get in Kroger and Kroger, which, as you know, is a very big retail chain. That meant good Rx customers could not get discounts on their drugs. That was bad for good Rx sales. Now there is a deal. So once again, customers can receive discounts. This explains why the stock has popped. JPMorgan, however, say that the third quarter forecast was a little light and RBC are concerned about an elevated subscriber churn, but right now the market loves what it is. All right. Next up, novavax, the long-term outlook is pretty good, but it pretty much ends there for this stock. What's going on? Yes, novavax down 31% ahead of the bill. The drug maker slashed its 2022 revenue forecast to 2.3 $1 billion from $5 billion previously. So novavax is COVID-19 vaccine has really failed to deliver on expectations in the U.S. and low and middle income countries. And the COVID-19 vaccine make it is said to be behind on updating its vaccine with new strains. But the caveat is this stock is known to experience huge intraday swings, especially after an earnings update. Okay. And the chip stocks, we have to end there with what's going on on that front. Yes, starting with Nvidia, down almost 3% in the pre market. Now, this is the most valuable valuable publicly traded chip maker. It's quarterly revenue missed projections by more than $1 billion or why the industry reduction of personal computers. And video graphics chips are essential for high quality gaming. And this has been impacted by an overall decrease in appetite for gaming. We've seen decreases in sales from Xbox and PlayStation consoles due to return to work mandates and squeeze consumer incomes for micron that stock down four and a half percent right now. They see their fourth quarter revenue at or below the low end of a previously given range. But there was an update that micro and technology plans to invest $40 billion by the end of the decade to build what they call a leading edge memory manufacturing plant in the U.S. they will employ 40,000 people to do this and the expect production to begin the second half of this decade. Lauren. Always a pleasure. Bloomberg radio and TV markets correspondent Laura Wright, thanks for joining us. And looking at stocks as a whole ahead
Bloomberg Radio New York
"2.3" Discussed on Bloomberg Radio New York
"And Jonathan farrow your equity market is lower down 1.8% on the S&P and then ask that 100 negative 2.3% yield to higher Had less than a tenth of the index So if we're getting some meaningful disinflation in some of those other components that I think will offset the supply disruption story plus we've got some extremely favorable base effects in the vehicle component which will be pretty much a done deal to be a big downward shove to the year over year number So actually the China thing is not helpful but I don't think it's a game changer as long as it doesn't get completely out of control In we're teasing out your view here Let's really highlight it A lot of people the consensus view because fetcher J power basically clarified it 50 at the next meeting 50 after that Have you got any doubt around that second 50 And if you have can you explain it Yeah I mean the first 50 in June I think is a done deal borrowing some sort of sky falling in moment But July you know by July we'll have had three CPI reports all of which will show inflation dropping by about half a point per month We'll have also seen three moments of housing data and this is where I have a really big gripe with the media narrative that the U.S. housing market is still booming because it isn't Mortgage demand is absolutely cratering I mean rates have gone from 3% to 5 and a quarter There's no way the market could take that And every week we get mortgage applications numbers and they're terrible Applications fell 10% in April alone No sign of a bottom they still haven't fully responded to the peak in rates yet And my guess is over the next few months of spring and into the summer we're going to see people some really startlingly weak numbers on home sales suggesting that the market is really rolling over I just wonder in July whether the fed will have the stomach after three good inflation reports as well to do another 50 And whether the market will want them to do another 50 against that backdrop So there's a lot to play for over the next few months but I do think the two of those very important things inflation and housing are going to be telling the fed maybe you know you can switch back to the 25s a bit sooner Are you questioning the journey to two two 50 or are you questioning the ultimate destination of getting to two two 50 here in No I'm not My beef with markets is they got far too aggressive on the speed that the fed needs to go I'm not certainly I'm not arguing at all with the idea that race need to be significantly higher And I actually think they'll be raising roads again in 23 and 24 Because the neutral rate would be rising on the back of stronger productivity And that's a different story to raising rates because you've got behind and inflation is rampant and everyone's panicking That's this year's story But next year's story you know I could see rates going significantly higher really across the whole curve And so my beef with marketers they've been maybe too aggressive for the short term and not thinking enough about what might happen next year as well A different glide path but nonetheless a rising rate environment A normalization if you like after such a long period near decades of falling rates our real rates across the whole curve maybe we're moving back to something recognizably normal And I'm wrapping my head around the scenario that you're portraying We're basically wages start decelerating And that is actually one of the key drivers in addition to housing That causes a deceleration in inflation Is this a good thing Does this lead to something that is positive for the fed or something that sounds stagflationary Because we still have the base effects of what's going on with supply chain disruptions Yeah I mean from the first perspective the wage numbers that we saw last summer when they were running an annualized above 6% That was not sustainable That's scared The pants off them check how said that very clearly Where we are now in the last few months it looks as though tentatively wage growth could be settling down at something like four or maybe the high threes Now that is faster than we saw at any point in the last cycle but that was a very unusual cycle Wage growth at that pace would be normal for previous cycles and would be consistent with the inflation target if productivity growth just picks up a little bit So it's kind of a sweet spot if we can engineer it against this backdrop of chaos from China and all the other stuff that's going on as well But if I were at the fed thinking about inflation one to two years down the line I would be thinking if wage growth settles at three and a half to 4% I'd be really pretty happy because it's not what I was imagining three months ago I was thinking of 5 plus and that's a much more scary place to be So it's a plausible a plausible endpoint but it's not yet certain I apologize to harp on this but is it the absolute number or is it real wages This idea I hear Tom laughing but this to me it's sort of a relative kind of equation here in terms of wage gains versus the cost of goods because if you're only getting a 3% wage increase but the cost of goods are surging at 10% This isn't looking very good for the American public and it doesn't necessarily look good in terms of consumer dynamism Well you've got to remember that the U.S. household sector is sitting on three and a half $1 trillion of cash that it accumulated during COVID which is about 14% of GDP cash That's not taking account of the rise in home prices or the rise in other asset.
Bloomberg Radio New York
"2.3" Discussed on Bloomberg Radio New York
"It's 5 30 on Wall Street Good morning I'm Nathan Hager And I'm Karen Moscow we're just about four hours away from the open of U.S. trading Let's get you up to date on the news You need to know what this shower U.S. futures are higher following another roller coaster ride on Wall Street We get the details live with the Bloomberg's John Tucker John And Karen Anson P futures right now up 1.2% but global stocks still on course for their worst month since the start of the pandemic S&P 500 heading for its worst January on record after yesterday's 1.2% decline The NASDAQ composite index fell 2.3% but there are signs that sell off could ease Wall Street's fear gauge The vix fell from a one year high snapping 6 days of gains and now strategies from Goldman Sachs to city groups say it's time to buy live in New York I'm John Tucker Bloomberg daybreak And China was a roller coaster ride for Microsoft investors as well after the bell the stock fell 6% on a revenue decline from its cloud computing business but on the conference call Microsoft executives said the Azure business can still drive growth and that soothe concerns Right now Microsoft shares are up nearly 4% in the pre market Shares of Texas Instruments up in early trading the chip makers earnings in forecast beat estimates up next we get results from about three dozen customers companies rather including Tesla analysts predict year over year growth approaching 200% for Tesla Today's big agenda item Karen is certainly the Federal Reserve the Central Bank issues of policy decision and is expected to signal a march rate hike we get more from Bloomberg's vinyl giudice Bloomberg economics says the fed's goal is telegraph I think a march rate increase as well as a balance sheet runoff in the aftermath of the COVID-19 economic rescue Look for the Central Bank to do so cautiously noting uncertainty and downside risks to the economic outlook given the impact of the armagon wave and whatever may lie next for the coronavirus Beneath out judaist Bloomberg daybreak Finney thank you and on Wall Street today there's a fresh push to retain talent this time from Bank of America We get the details live from Bloomberg's ranita young good morning Good morning Karen Bank of America is giving almost all of its employees their share of a $1 billion stock award It goes to staff making as much as $500,000 a year That makes about 97% of Bank of America's global workforce eligible CEO Brian moynihan says he eligible employee.
MyTalk 107.1
"2.3" Discussed on MyTalk 107.1
"History of moderate traumatic brain injuries had a 2.3 times greater risk of developing Alzheimer's than seniors That didn't have wow say that again. So if people have had a brain injury, like a concussion or other kind of brains, brain injuries, there are 2.3, and that's moderate. That's 2.3 times. Greater risk of Alzheimer's. And if it's a severe injury 4.5 times greater risk. Holy bucket. Yeah, so that's why it's so important to me Alzheimer's prevention because I've had that injury and my dear grandmother passed from Alzheimer's. So this is an important topic. For me. It's near and dear, I think it is for a lot of people that are listening out there touches everybody's lives. It's like cancer. It does. Yes, exactly. I don't know if you as a listener realized that researchers have the knowledge of a nutrition and lifestyle plan that could slash the U. S numbers of new Alzheimer's cases in half. Inherent half if people actually followed the plan. And knew about it. I don't think people know about it. So if we know what we do know is, um excuse me by 2030. That's only nine years away, by the way, that seems maybe far far in the future, but it's only nine years. It is predicted that Alzheimer's cases will double if we continue to follow unhealthy lifestyles and diets like the sad diet, the standard American diet With this kind of diet, we have an increased risk of dementia and Alzheimer's. That's pretty scary. You know, when driving here today, I started noting all the senior care facilities that are, um Popping up because it's so necessary, but well, let's look, let's take a look at lifestyle habits that could possibly be putting people at risk for developing Alzheimer's. Numerous studies.
KGO 810
"2.3" Discussed on KGO 810
"As we understand it and the president's economic agenda. Would spend another $1.8 trillion mostly on education, child care and family medical leave programs. But it would be on top of $2.3 trillion in proposed infrastructure investment. And don't forget the 1.9 trillion that Congress passed in March. As an emergency response to the pandemic. How are we gonna break all these numbers down tonight? Very carefully. But for those of you who support President Biden? Will was fly. And for those of you who oppose him. By the way. Did you see the polls? CNN did a poll today. Would show that Republicans overwhelmingly oppose what Biden is doing. Democrats overwhelmingly favor what Biden is doing. That means there is a political division in this country. And can this president bridge that gap? I don't think so. So what we may see, and this is just John Rothman's prognostication. Is Joe Biden. As the quarterback. Running down the field. Hoping to score a touchdown and he doesn't give a tinker's damn what the opposition thinks. Because he knows he can't convince Republicans To go along with him. I have to tell you. Some economists worry that spending so much to strengthen the government safety net, especially along with increased unemployment aid. Has the potential This is an interesting question. To dissuade some lower income workers from working. Especially those in lower paying jobs that continue. Dominate much of the service sector. Is that a risk? I want to know what you think about the divide. I want to know how you feel about this. This will not be a feel good speech, although we know that he's going to begin by saying things are going well. Heightened point of view they are he has the votes. It's a big bet. Can he remake the economy without any negative side effects? And by the way, The.
The Political History of the United States
"2.3" Discussed on The Political History of the United States
"Source from that <Speech_Male> day claim that the men were <Speech_Male> <Advertisement> cut down following their <Speech_Male> <Advertisement> hanging and that <Speech_Male> <Advertisement> the many enemies of <Speech_Male> <Advertisement> the made over the years <Speech_Male> <Advertisement> quickly <Speech_Male> <Advertisement> decapitated them <Speech_Male> <Advertisement> and tore apart their <Silence> <Advertisement> bodies <Speech_Male> <Advertisement> <Speech_Male> despite <SpeakerChange> the violent <Speech_Male> in for leisler <Speech_Male> infant cacophony <Speech_Male> police reality <Speech_Male> new york that would <Speech_Male> last for decades <Silence> after his death <Speech_Male> <Speech_Male> divisions would persist <Speech_Male> for nearly twenty <Speech_Male> years between the established <Speech_Male> leadership of new york <Speech_Male> phone in the death of isler <Speech_Male> and <Speech_Male> the less ins <Speech_Male> the group that had supported <Speech_Male> lesser during his <Speech_Male> life <SpeakerChange> wanted <Silence> to carry on his legacy <Silence> <Speech_Male> however <Speech_Male> the death of isler <Speech_Male> did bring new york <Speech_Male> into a new political <Speech_Male> reality <Speech_Male> after decades of <Speech_Male> battles over assembly. <Speech_Male> The death of <Speech_Male> wessler would help make <Speech_Male> that happen. <Speech_Male> Of course it <Speech_Male> would be in that same. Assembly <Speech_Male> worthy divisions <Speech_Male> would form between <Speech_Male> the followers of jacob <Speech_Male> leisler and basically <Silence> <Advertisement> everybody else <Silence> <Advertisement> <Speech_Male> <Advertisement> one <Speech_Male> does have to wonder <Speech_Male> <Advertisement> if jacob <SpeakerChange> isler did <Speech_Male> <Advertisement> more damage to his <Speech_Male> <Advertisement> own caused. <Silence> <Advertisement> The necessary <Speech_Male> <Advertisement> <Speech_Male> was not <Silence> some political genius. <Speech_Male> Indeed <Speech_Male> most of the things that <Speech_Male> he did actually went <Silence> terribly wrong for <Speech_Male> him. <Speech_Male> The failed invasion <Speech_Male> of canada <Speech_Male> is a recipe little <Speech_Female> adversaries <Speech_Male> and his inability <Speech_Male> to secure the support <Speech_Male> base beyond the dutch <Speech_Male> left. Lyster <Speech_Male> relatively isolated <Speech_Male> <Speech_Male> furthermore his <Speech_Male> messy actions <Speech_Male> during the hand off <Speech_Male> power all but <Speech_Male> <Advertisement> doomed him <Speech_Male> <Advertisement> jacob wessler <Speech_Male> <Advertisement> was likely not going <Speech_Male> to have a place in the slaughter <Speech_Female> government <Speech_Male> however how'd he <Speech_Male> acquiesced to a more <Speech_Male> peaceful transition of power. <Speech_Male> <Advertisement> That remains <Speech_Male> <Advertisement> a good <SpeakerChange> chance that he <Speech_Male> <Advertisement> would not have found himself <Speech_Male> <Advertisement> standing on the gallows <Silence> <Advertisement> <Speech_Male> <Advertisement> now <Speech_Male> just as a final side <Speech_Male> note henry <Speech_Male> slaughter if you're <Speech_Male> wondering would have <Speech_Male> an exceptionally short <Speech_Male> career. As a colonial <Silence> governor <Speech_Male> slatter <Speech_Male> would unexpectedly <Speech_Male> die in the summer <Speech_Male> of sixteen ninety one <Speech_Male> just months after <Silence> his arrival <Speech_Male> and richard <Speech_Male> ingles would become the <Speech_Male> acting governor of <Speech_Male> the colony until <Speech_Male> benjamin fletcher's <Speech_Male> arrived in sixteen <Silence> <Advertisement> ninety two <Speech_Male> <Advertisement> on <Speech_Male> the day. The jacobites <Speech_Male> third was executed. <Speech_Male> Something of a final <Speech_Male> check. Mark was made <Speech_Male> on concluding the events <Speech_Male> that had begun in <Silence> sixteen eighty nine. <Speech_Male> <Speech_Male> Why slur was <Speech_Male> <Advertisement> dead. His <Silence> rebellion Royal <Speech_Male> control was being <Speech_Male> restored throughout <Speech_Male> the colonies. <Speech_Male> <Advertisement> Something <SpeakerChange> that we are going <Speech_Male> <Advertisement> to discuss more to lead <Silence> <Advertisement> off next season. <Silence> <Advertisement> <Speech_Male> <Advertisement> The dominion <Speech_Male> <Advertisement> of new england <Speech_Male> <Advertisement> was officially gone. <Speech_Male> <Advertisement> And the king's <Speech_Male> <Advertisement> authority was quickly <Silence> being restored. <Speech_Male> <Advertisement> All <Speech_Male> the rebellions that had <Speech_Male> <Advertisement> rocked neuland <Speech_Male> <Advertisement> new york. <Speech_Male> We're finally <SpeakerChange> at <Silence> an end. <Silence> <Speech_Female> The <Speech_Female> end of leisler <Speech_Female> rebellion <SpeakerChange> also comes <Speech_Female> the end of the narrative <Speech_Male> <Advertisement> of episodes <Silence> in our second season. <Speech_Male> <Speech_Male> Well we are not quite <Speech_Male> done with the glorious <Speech_Male> revolution. in english. <Speech_Male> <Advertisement> North america <Speech_Male> <Advertisement> we are with the dominion <Silence> <Advertisement> of new england <Silence> <SpeakerChange> <Speech_Female> in two <Speech_Male> weeks time therefore <Speech_Male> we are going to come back <Speech_Male> and jump into our <Speech_Male> season in review episodes <Silence> <Speech_Male> if the <Speech_Male> first season of this <Speech_Male> podcast was focused <Speech_Male> on the origins of the <Speech_Male> colonies. <Speech_Male> This second season has <Speech_Male> looked at the growing <Speech_Male> pains of those same colonies <Speech_Female> <Speech_Female> with that. I <Speech_Female> hope you are all staying <Speech_Female> healthy and staying <Speech_Female> safe. And <Speech_Female> i will see you back here <Speech_Male> in two weeks. Time <Speech_Male> <Advertisement> as we begin <Speech_Male> review <Speech_Male> of the second <SpeakerChange> season <Speech_Music_Male>
The Political History of the United States
"2.3" Discussed on The Political History of the United States
"Welcome to the funnel narrative episode of season two and the final episode in our arc on the dominion of new england. We have spent the last two episodes looking at the collapse of the demean government. In new england however recall that the dominion had actually grown beyond its boundaries of just new england now encompassing newark as well as the jerseys well in rhode island connecticut and plymouth. The collapse of the dominion was relatively peaceful at least compared to what happened in boston. It does not mean that the rebellion in boston was entirely isolated. This week we are going to turn our attention to the other billion in the dominion specifically one led by new york militia. Captain jacob leisler as a relatively late player to the dominion new york was largely different from the new england colonies. In regard to their role in the dominion. Your cat always been a far more restrictive place than new england from pretty much that moment that it was captured from the dutch in no small part it was edmund. Andros himself during his time as governor of new york that would help ensure that new york was tightly bound to the crown. This was of course not without its dissenters recalled the battle chiefly out on long island for a representative assembly be formed in the colony. Something that andrew himself actually favored well then duke of york. James reluctantly acquiesced to the idea of an assembly would probably change his mind when he traded in that duke of york title and became king. James the second this move away from allowing and assembly in large part was due to james struggles to re-establish royal. Prerogative the colonies specifically of course in new england. Hell ever despite the fact that new york had really missed out on a lot of the freedoms that were enjoyed throughout new england may to were not thrilled with the way things going long island of course had been clamoring for an assembly. Something they at least believe they hit one when james sign the affirmation charter of liberties therefore the scientists certainly exist new york especially in long island. It never rises to that level that we see in places like massachusetts. New york was far more in line with english colonial policy then up. In new england following the dismissal of thomas donnegan colony came under the command of francis. Nicholson nicholson was acting. As the lieutenant governor for andrew's though was largely in control of the colony for the government to new york the events of april sixteen eighty nine or absolutely devastating impact their timing and fact the colony was continuing to struggle financially and now several of the most important in the colony found themselves in jail as they had been amongst the kesslers to address back in boston somewhat..
The Oklahoma Observercast
"2.3" Discussed on The Oklahoma Observercast
"Rice is is going to be tainted by those who presented outside of of of of of like myself because they're going to present it in a negative way the marine. You said you know we want. It's you know it's not. My phone is your phone. We this is america. And if you pour it is your fault. So it's not individual failure in any way shape or form an so. Let me ask them is it. I mean we've already seen Some of the The tribal nations and oklahoma are much more progressive on these issues particularly on things like minimum wage healthier and those kinds of things. It seems to me that this isn't just a person's the ladder you're caller issue. I mean this is. This is something that That there are groups out there that have proven themselves to be successful in terms of organizing in in in an leadership that you know there's a natural constituency for this that might turn that coppola's ear. Well there is. The problem is still the same. I am not going to be able to stay in order to get the attention or to create a narrative dinner to aid narrative on the type of legislation. That i'm proposing. I'm just not going to do it. Because they're not going to allow me the time or the space. Now the fault with me in saying that heels. Look stacey abrams. Then it takes someone like me to take this knowledge and information that i have and that i know is that i believe in and to take it outside of the capitol and to beat that drum across the state. But that it takes money it takes time the legislature. You got other things so it is difficult to do. Because you're absolutely right. I think i think the constituency the pass to to to put forth the legislation that that generally talking about here. The deals with people who have run into problems or having problems is is there that constituency. That's those support. Groups are out there. We just cannot get to them because the the larger narrative. If you know let's just be honest right now. you know. this is a very difficult. Time is going to be difficult. Probably after tomorrow after that election after the six after the. You know they certify. Joe biden is at the january twentieth and when session starts on the first of february argument. I'm argh about. I don't want to go with tanks rules again like we did last time. So i don't have to go in. Because i don't want to have to deal with covert because you guys are not gonna wear masks and you're not gonna social distance so let me do so that takes away from the narrative of the of the meat of these bills that i have. You got a guarantee you that the outgoing president will have some say so about what's being discussed in a national level and that stuff comes down through to oklahoma because oklahoma was a state that backed him that takes away from me being able to to put forth a new narrative a another narrative about things that i believe could help it gets overridden by that by that narrative in. So it's it's difficult. It's difficult and i admitted difficult now. The good part for me is. I'm not you know what i'm ready for that fight. I've got again much sefton. Imposition to say adam ready for the rest of my life to fight this battle to try and move oklahoma to a better place. And you know that's going to be beyond my life in the legislature. And i'm ready to do that but i already know.
KCRW
"2.3" Discussed on KCRW
"Travel to Washington today. He'll participate in a ceremony at the reflecting pool near the Lincoln Memorial will honor nearly 400,000 Americans who have died of Cove in 19. Up to 25,000 National Guard troops will be deployed in Washington ahead of the inauguration. This comes nearly two weeks after a deadly riot left five people dead. Military officials are now checking the troops backgrounds to see if there's any potential threat from them. Lieutenant General Mark Sassa. Bill is vice chief of the National Guard Bureau, he says there's no indication of any problems. That kind of vetting that's actually happening now is routine for inauguration, some a D C guards and myself. I've been in about four when I was still in the unit and every one of these, There's been an extra level of security. So this is not something that's unusual for these types of events. He spoke to NPR's morning edition. A new NPR PBS news Hour, Marist Poll finds most Americans give President Trump poor marks as he prepares to leave office. NPR's Domenico Montanaro reports. 60% of Americans say Trump will go down as either below average or one of the worst president in U. S history. Just 27% say he will be remembered as above average or one of the best. Survey comes after the January 6th violence at the Capitol carried out by a pro trump mob. Trump wound up being impeached for a second time. As a result and facing health and economic crises, the survey found. Americans are the most pessimistic they've been about the direction of the country in three decades. Medical Montanaro. NPR NEWS Washington Stocks opened higher this morning as a confirmation hearing gets under way for Janet Yellen, She's president elect Joe Biden's choice to head the Treasury Department. NPR's Scott Horsley reports. The Dow Jones industrial average rose about 100 points in early trading. Yellen will urge lawmakers to act big to address the economic fall out from the Corona virus pandemic, The former Fed chair says. Without Morrell from the federal government, the recession will be longer and more painful. President elect Proposed rescue package carries at $1.9 trillion price tag. Yellin says the benefits far outweigh the cost. Yelling would be the first woman to leave the Treasury Department Politico says she's been endorsed by every living former Treasury secretary. Asian stocks were up overnight on news that China's economy grew 2.3% last year that slow by Chinese standards, but outpaces all the other big economies which shrank in 2020. Scott Horsley. NPR NEWS Washington Some other people nominated by President elect Joe Biden to head Cabinet level agencies will have confirmation hearings today, too. They include nominees for Secretary of State defense and Homeland security, as well as one for the director of national intelligence. On Wall Street, The Dow Jones industrial average is up 87 points at 30,901. The NASDAQ is up 90 points. This is NPR from the David Burnett Foundation newsroom at KCRW. I'm Cherry Glaser. Kamila Harris has officially submitted her letter of resignation from the U. S Senate, ending her four year run in the upper Chamber of Commerce. Excuse me, the upper Chamber of Congress. She's getting ready to be sworn in as the nation's first female and first black vice president as KQED. Scott Shaffer reports for seat won't be vacant for long. Governor Gavin Newsom tapped current Secretary of State Alex Padilla to serve out. The final Two years of Harris is Senate term and Padilla is expected to be sworn in as senator tomorrow or Wednesday. Details are uncertain due to heightened security in Washington and the transition from the Trump to Biden administration. But Dia will be starting the job and an extraordinary moment on the docket. Her critical legislation to address Cove. It 19 and its economic fall out. Confirmation of Joe Biden's Cabinet and a possible impeachment trial, all with Senate evenly divided between Republicans and Democrats. State Assemblywoman. Surely Weber from San Diego will replace Vidia as secretary of state once the Legislature confirmed, sir. Hey, Q. E DS Scott Shaffer reporting All consenting patients at Patton State Hospital should have their first dose of the Corona virus vaccine by the end of the week is KCRW's Matt Dillon reports. The announcement comes as the state run psychiatric facility in San Bernadino. Faces a lawsuit and his experiencing the largest cope it outbreak of the state's five lockdown hospitals around 500. Patients of the more than 1500 bed facility in the inland empire have come down with covert since mid May. 15 have died last month during an outbreak that saw 110 patients test positive. In 10 Days, the nonprofit disability Rights California filed a motion on behalf of several patent patients asking the court to discharge or transfer those at the highest risk of getting the virus. Motion also requested the psychiatric hospital introduced more rigorous covert protocols. During hearing last week, the judge overseeing the proceedings ordered patent to provide infection numbers and to come up with a timeline detailing when all patients and staff would be immunized. San Bernadino Sun reports, vaccinations started January 6 on the most at risk patients. Well. Hospital officials anticipate completing the first round of vaccinations by the end of the week. Attorneys with disability rights California say they're concerned about there being no clear time frame for the second dose. A spokesperson with the Department of State Hospital says patients will receive a second shot in accordance with the manufacturer's recommendation for KCRW. I'm Matt Gillam and Ventura County is taking more than a dozen businesses to court for violating pandemic health rules. The county is suing 14 gyms and four restaurants that refused to cease indoor operations. Acting County Council Michael Walker says the lawsuits are a last resort. He says the 18 businesses have been warned and educated about pandemic policies, but continued to defy the rules. Several business owners say they're prepared to go to court to fight.
C-SPAN Radio
"2.3" Discussed on C-SPAN Radio
"So the original intention was to explain to Germans that actually, the world has become more risky. Threats have been growing, and we need to worry about that. And we can cannot simply sit there and wait for our American patron friend in Washington, D C to take care of it because Donald Trump has actually sow the seeds of doubt with respect to the NATO. This substance of the NATO arrangement of the North Atlantic alliance. So that was the original attention. Then when we saw that, uh what? What had happened just before the pandemic broke out a year ago, I thought it would be a useful idea to revise the book and adapted so that it would also hopefully be found. Interesting as a European view, of course, by by non European audiences in terms of what about the future of your What about the future of the transatlantic alliance? How should Europe interact with China? And what about our future relationship with Russia itself? So I I'm really delighted that without Brooke Express, we were able to to, uh, publish this. This language revised version, And, quite frankly, I've had a number of phone calls from friends in America who thought it really quite funny that I included in the in the book, My little anecdote about how I met, you know, in a very naive way, as far as I'm concerned, Donald Trump. At Mar a Lago in early 2005. Where he had just opened this resort hotel and they arranged for a big charity ball, and I and a couple of my fellow on ambassadorial friends were invited. You know, it was a white tie affair. Very formal. Very fancy and even had a small little chat with Donald later that evening about his German roots. And I had absolutely no idea on I can't forgive it to myself. I've absolutely no idea that I should consider this person a future candidate and actually a future president. And now looking back at it today, the one who was ever impeached twice. Wolfgang Ischinger. The Munich Security conference is the chair of the conference, speaking at this virtual event on Friday hosted by the Brookings Institution, Idea in 2005, so diplomacy is also full of surprises occasionally. Well, I think lots of people are looking back Tolo, all kinds of encounters that they have never anticipated and certainly the way that things would unfold over all of this period. And I think it's interesting that you started here with taking us back to 1990 on the German view that a hole a new world of peace and prosperity have broken out and The expression that used about a cocoon. I mean, all of us remember only too well, of course. He's one of our neighbors of Brookings that site Francis Fukuyama's idea about the end of history. Also thinking that we come into an era where a lot of these struggles of ideological currents had passed away with the over the end of the Cold War along the lines that you've laid out here. Because that's 30 years ago, and you said What happens even from 2000 and five in your encounter in Mar a Lago beyond a hill of the Brookings Institution, you mentioned China. And you've been looking at the China rise for some considerable period of time. And if you think back yourself also as a student of the Soviet Union, when when it was the Soviet Union, the eastern bloc you when I met in grad school when we were both starting out looking at these, you know, kind of sure that we don't really want to talk about how long ago that was, But you know, we had a similar sort of person effective on the way that the world was was unfolding. On the rise of China also was not anticipated in that particular period. I mean, I remember was all working on various research projects of looking for sure about how the relationship with the Soviet Union and then the former serving in Russia would evolve. But China was not being factored in in any particular way in the 19 nineties. So I mean, you know, kind of lets prices will forgive, you know, both done for not for seeing you know the faithfulness of his meeting in the Mar a Lago in 2000 and five, But I mean how Do you think we should have anticipated that things would unfold? If we look back to that pier that lost going started with it. My dear friend Walking had actually thought Trump could be president in 2005. I would have asked for his head to be checked right. So to be clear, I think we can all forgive him for that oversight. I'm delighted to be with both of you. Yeah, I've known for a long time. And you know, before I answer your question, one thing I would say Is that I think all three of us are wrestling right now, in very personal ways with the fact that we're historically kind of scholars and public intellectuals and talk in the realm of ideas, And yet we all three of us and personal ways had to become kind of intellectual activists. In this environment in Bremmer, president of the Eurasia Group, and it's been kind of forced on us because we see developments in the world that we think are dangerous that we understand represent the tipping point. Bond, and we want to do something about it on guys. One of the reasons I was particularly happy to join the two of you for this event this morning, you write that, you know, we used to talk about China and India as the rising emerging markets. So many books and economist covers written about that. Talked about the bricks right? Nobody talks about the brakes anymore. China is going to be the largest economy in the world right now. Looks like 2028 that Z. That's pretty significant their their growth last year with the pandemic of 2%, they're expected growth of seven or 8% this year, their ability after they admitted finally, to the to the pandemic occurring in their country and spreading internationally. Their ability to shut it down was pretty extraordinary. And there's just reflects one of a few things that I think the Western commentary has gotten wrong. I mean, so you pointed to one the end of history, Andre think a better argument. In retrospect, is that 1991 so the beginnings of the end of the American order precisely because we were so indifferent. Um to what might happen to Russia, a zoo consequence of that of the loss of Soviet empire and our lack of engagement. Whether it was the NATO, Russia counsel or all the things that you remember the who lost Russia debate. All of us do a second big one that we got wrong. Everyone got wrong was the idea that as China got more powerful and wealthier, they would have to reform so look more like the United States both economically and politically. Or they would fail. That's completely wrong. Um, issues anything today as consolidated more power..
KTAR 92.3FM
"2.3" Discussed on KTAR 92.3FM
"Of digital evidence, no doubt that this New Yorker video with its incredible exposure to those infiltrators inside the Senate chamber. Not escape their scrutiny. And it's also worth mentioning that the writers reluctance to wear a mask has made it easier to identify them. A B C's mad government and we, the people a virtual pre inaugural concert, the president elect acknowledged the pandemics continuing impact, but pitched a message of unity in our inauguration traditions look a little different this year. On be still, we're all still together that United United across all of America. Richard can to ABC News again. Don't forget to tune in to hear history in the Making Wednesday as Katya are brings you the full inauguration ceremony starting at 10 A.m.. You can listen on air online on our app until you're smart speaker to placate EA R. Let's get a look at your money now from ABC News Wall Street, now the U. S markets took the day off to observe the Martin Luther King Jr Day the holiday to celebrate the birthday of the civil rights leader. Global markets were open, and they got off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020 after a sharp contraction early in the year, shares fell in London and in Tokyo, but they rose in Hong Kong, Paris and in Shanghai. China was the first country to deal with outbreaks from the Corona virus and Is now the first major nation to begin recovering as the U. S. Europe and Japan continue to struggle with the pandemic. Wall Street will re open on Tuesday on the eve of a presidential inauguration. Joe Biden is going to enter the White House with shaky economy as the economy was when he began his tenure as President Obama's vice president. This time, though, the economy is battered by a pandemic, and economists say it could be turned.
KCRW
"2.3" Discussed on KCRW
"Line from NPR News. I'm Korver Coleman, President elect Joe Biden and Vice President elect Kamila Harris are set to be sworn in on Wednesday, surrounded by ramped up security measures. NPR's Claudia Gonzalez reports, Biden and Harris will take the oath of office outside on the West Front of the Capitol, as is the tradition. The inauguration was already going to be a slim down occasion because of the pandemic. But security concerns have dramatically transformed Capitol Hill fighting and Harris will take their oath without President Trump in attendance, who will be leaving Washington D. C early for his mar a Lago Club. You said it this week will also convened for the first time since the insurrection and the soon to be newly Democratic controlled chamber will take up several of fighters nominees, including secretaries for the Treasury, defense and Homeland Security departments. The Senate will also need to begin the impeachment trial for Trump in the coming weeks. Claude getting solace. NPR NEWS Washington The FBI had warned state officials across the country to be prepared for the chance of violence on Sunday. Was concerned that violent moms could try to storm state capitals, but state capitals were mostly quiet on Sunday, some protesters brought weapons to their demonstrations. There are scattered reports of shortages of covert 19 vaccines around the country. States are seeing greater demands for initial shots, and some people are beginning to return for their second doses. NPR's Allison Aubrey says that despite the shortages, more vaccines are being given to people in the U. S. The pace of vaccinations is accelerating. So far about 12 to 13 million doses have been administered. That's out of a total of 31 million doses. And yesterday, Anthony Fauci said. This goal of 100 million doses in the 1st 100 days of a Biden administration is absolutely doable. NPR's Allison Aubrey reporting. Well over 397,000 people have perished of covert 19 in the US that is, according to Johns Hopkins University. Nearly 24 million cases have been reported. Despite the worldwide pandemic. China says its economy grew 2.3% last year, NPR's Emily Fang reports it was the only major economy to expand last year. Things looked grim at the beginning of 2020. China had posted its first quarterly drop in economic activity ever because of widespread lockdowns but a strong recovery, particularly consumer spending during the last few months of the year. And China was able to overcome the initial economic slump. Trying to continues to maintain strict lockdowns and regions that experience just a handful of virus cases. But that is allowed China's businesses to reopen at pre epidemic levels. China's exports in particular have bounced back as global demand for medical supplies and HomeGoods grows. Chinese policymakers have pledged to continue policies that support private businesses in consumer demand, but will scale back some credit boosting policies in the coming months. Emily Fang. NPR NEWS Beijing This is NPR from the David Benet Foundation newsroom a KCRW I'm Cherry Glazer. It's a setback to California's push to expand coronavirus vaccinations and fight the pandemic. The state's leading epidemiologists is recommending that medical providers temporarily stopped administering some Madonna vaccine doses. Dr Erica Pan issued an alert last night, saying that fewer than 10 people had allergic reactions to the vaccine after receiving it at a clinic, Fox five San Diego reports the allergic reactions occurred at Petco Park. The San Diego Padres baseball stadium, which was converted to a vaccination super site last week. Sapan says she put out the alert quote out of an extreme abundance of caution. She recommends putting those doses on hold until state in federal health officials finishing investigation. Meanwhile, Dr Thomas at Agan, director of the state's Department of Public Health, says officials are moving ahead with efforts to get the vaccine into the arms of older Californians. Should you focus on most Those that have the highest impact of risk of complications and deaths, or D focus primarily on the people who are highly highly trance transmitting the virus. We know that by focusing on the people who are impacted the most, it's going to decrease as California nears three million Corona virus cases, Health officials say they're seeing a slight downward trend in hospitalizations and ICU admissions, but that downward trend is not reflected yet in death statistics. More than 1000. More people in the state died from Coburg 19 this weekend, including 669 announced Saturday while the highest total so far More than 800,000, California workers out of a job are still waiting for their unemployment claims to go through, according to a new tally by the state. That's a big increase from just a few weeks ago. And his KCRW's Benjamin Gottlieb reports. The unemployment backlog is one of many problems States Beleaguered Employment Development department is dealing with the pandemic has revealed some serious shortcomings over at Edie Edie. From antiquated computer systems and multiple staffing issues to perhaps the most appalling failure to prevent billions of dollars in fraud. Late last year, Et de confirmed it was going to address those problems before a special session of the state legislature. Vowed to eliminate the unemployment claims backlog by the end of this month. Well, that's not going so well. In the last few weeks, the logjam has gotten even worse, with unprocessed claims rising nearly 300% in just the last couple days. Meanwhile, federal prosecutors have filed a lawsuit against Bank of America that's the lender at the heart of the fraudulent claims scandal here in California, alleging B of a was quote either unwilling or unable to stop criminals and quote from defrauding state taxpayers. Initial estimates put that crime and nearly $2 billion, But now, investigators say it could be four times that number. KCRW mind. Benjamin Gottlieb Support Train PR comes from progressive insurance with the name your price tool, offering a range of coverage and price options to choose from. Now that's progressive. More progressive dot com or at 1.
AM 570 The Mission
"2.3" Discussed on AM 570 The Mission
"The academy It's reaching out with Gregory Floyd Saturday afternoons at 4 30 on AM 5 71 or 2.3 FM. The mission. W. M. C a Progressive presents. The sounds of the old World Year is 2019, and someone is waiting for the previous to start in a movie theater. Hey, you want anything? Popcorn. Soda. No, nothing. This has been the sounds of the old world brought to you by progressive where drivers can still switch and save. Like his 2019 quote today at progressive dot com, Progressive casualty insurance company and affiliates. I struggled with symptoms like frequent gas and stomach pain. For years, I was bloated all the time with daily diarrhea. At first I thought it was what I was eating. I kept thinking it was stomach issues. So I did my research and talk to my doctor and we finally uncovered the truth. It was actually e p I x a Quran pancreatic insufficiency, or e p. I is a condition where your pancreas is unable to help break down your food. It can lead to symptoms like diarrhea, gas, bloating, stomach pain, unexplained weight loss and oily stools and FBI symptoms can be confused with those of other common digestive conditions like irritable bowel syndrome, crones and celiac disease, So getting to the right diagnosis meant being more. Been with my doctor about the severity of my symptoms and how often they were happening. But there's good news e p A is manageable, so don't wait any longer. Use the symptom checker at identify EPA calm and schedule a visit or call with your doctor to ask. I have FBI sponsored by Abdi AM 5 71 or 2.3 FM. The mission W. M. C. A Listen online AT W. M. C. Calm tune in I heart, Alexa or radio dot com. Hi,.